Category: Theft


 

 

A diagram showing the organization of the Federal Reserve System

 

Wikimedia.org

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An Irredeemably Bad Deal

Obama, Geithner and the Missing Six Trillion Dollars

by ROB URIE

Timothy Geithner, President Barack Obama’s first Treasury Secretary and chief architect of many of the various and sundry bank bailouts and associated programs carried out during Mr. Obama’s first term in office, recently wrote a book telling his side of ‘the story.’ To be clear, I haven’t read the book and have no intention of doing so. Life is short and the relevant side of the story, the economic consequences of Mr. Geithner’s policies, is the one of interest here. The prevailing storyline in the banker’s ghettoes of New York and London is of an indispensable and functioning financial system saved and a second Great Depression averted through Mr. Geithner’s necessary but unpopular programs to transfer public resources to nominally private corporations— Wall Street banks, in order to save them. Implied is that the travails Wall Street faced in 2008 – 2009 were the result of ‘natural’ forces and that its restoration is substantially related to restoration of ‘the economy.’ Mainstream economists have put forward variations on this latter claim through repeated assertion that ‘the economy,’ as measured by GDP (Gross Domestic Product) and the official unemployment rate, has ‘recovered’ to pre-recession levels.

urie1a

Graph (1): Contrary to the view on Wall Street and within the Western economic establishment restoration of Wall Street has not ‘fixed’ the economy. The policies of Mr. Geithner, the Obama administration and the Federal Reserve have ‘fixed’ profits, compensation and bonuses for Wall Street. The drop in median income is evidence of ongoing economic Depression for most citizens of the West. Assertions to the contrary by Mr. Geithner, the Obama administration and the ‘eternal sunshine of the spotless mind’ crowd of Western economists are evidence of whose interests they represent. Apparent in the recovery of financial profits without a recovery in household incomes is that Wall Street doesn’t need a functioning economy to earn ‘profits.’

 

 

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The Fed Is The Great Deceiver — Paul Craig Roberts and Dave Kranzler

 

Paul Craig Roberts and Dave Kranzler

Is the Fed “tapering”? Did the Fed really cut its bond purchases during the three month period November 2013 through January 2014? Apparently not if foreign holders of Treasuries are unloading them.

From November 2013 through January 2014 Belgium with a GDP of $480 billion purchased $141.2 billion of US Treasury bonds. Somehow Belgium came up with enough money to allocate during a 3-month period 29 percent of its annual GDP to the purchase of US Treasury bonds.

Certainly Belgium did not have a budget surplus of $141.2 billion. Was Belgium running a trade surplus during a 3-month period equal to 29 percent of Belgium GDP?

No, Belgium’s trade and current accounts are in deficit.

Did Belgium’s central bank print $141.2 billion worth of euros in order to make the purchase?

No, Belgium is a member of the euro system, and its central bank cannot increase the money supply.

So where did the $141.2 billion come from?

There is only one source. The money came from the US Federal Reserve, and the purchase was laundered through Belgium in order to hide the fact that actual Federal Reserve bond purchases during November 2013 through January 2014 were $112 billion per month.

In other words, during those 3 months there was a sharp rise in bond purchases by the Fed. The Fed’s actual bond purchases for those three months are $27 billion per month above the original $85 billion monthly purchase and $47 billion above the official $65 billion monthly purchase at that time. (In March 2014, official QE was tapered to $55 billion per month and to $45 billion for May.)

Why did the Federal Reserve have to purchase so many bonds above the announced amounts and why did the Fed have to launder and hide the purchase?

Some country or countries, unknown at this time, for reasons we do not know dumped $104 billion in Treasuries in one week.

 

Read More Here

 

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Wednesday, 23 April 2014 16:00

Lawmakers Unveil Plan to Liberate Western Lands and Evict Feds

Written by 

With the now-infamous federal abuses against the Bundy ranching family and its supporters in Nevada helping to awaken a sleeping giant, liberty-minded elected officials from Western states are coming together with citizens to take action in defense of the Constitution and the West. Their mission: to wrest control over the vast expanses of land and wealth in the region that are unconstitutionally claimed by the Washington, D.C.-based political and bureaucratic classes. Now, a new alliance of lawmakers and citizens has a concrete plan to make those goals a reality.

As The New American reported this week, more than 50 elected officials from nine Western states met on April 18 at the Utah Capitol for the Legislative Summit on the Transfer for Public Lands. Among them were state House speakers, state senators, a U.S. senator, county commissioners, and more. The goal, multiple organizers and attendees explained, is to strip the federal government of the almost 50 percent of land in Western states that it claims to “own” in defiance of the U.S. Constitution and various agreements.

One of the lawmakers who participated, Washington State Rep. Matt Shea, a liberty-minded Republican who also stood with the Bundy family, says that lawmakers from Western states are determined to protect the Constitution and their constituents. “Legislators from across the West are saying enough is enough,” Rep. Shea told The New American after the summit in Salt Lake City. “We are banding together to fight federal overreach wherever it rears its ugly head, not just talk about it.”

To do that, last week, another alliance of lawmakers, citizens, businessman, ranchers, sheriffs, officials, and more came together and created the Coalition of Western States United Against Tyranny, or COWS for short. Already, the network has seen phenomenal growth, with more than 25 lawmakers joining up by April 22, Rep. Shea explained. “COWS has grown massively in just one week and legislators from all over the West are jumping on board,” he said, adding that he was “absolutely” optimistic about their prospects for success.

COWS advocates a five-step process to evict the self-styled federal landlords from the Western United States, Rep. Shea explained. In the short term, county governments should draw up management plans for the land in coordination with state and federal agencies. Already, federal law requires that U.S. bureaucracies work with local officials, though in practice, that rarely happens. At the same time, states should also introduce and pass legislation to prohibit any net loss of private land to government.

In the longer term, federally (mis)managed lands should be transferred over to state authorities, “because government closest to the people is best,” Rep. Shea continued. “The federal government cannot possibly know how best to manage land in the thousands of different locales like the people of those areas could,” the popular Republican lawmaker explained, echoing the sentiments of countless other policymakers and activists who say the federal government needs to be stripped of its vast, unconstitutional land holdings.

“Clearly,” Shea says, “the people of Western states would do a better job managing those lands.” In fact, among the most common complaints on the issue in the West is the fact that the feds have done a terrible job maintaining the land they purport to own — especially when compared with the areas managed by state and local governments, or even private citizens. The COWS lawmakers said an excellent, proven process for transferring federally managed lands into state control has been laid out by the American Lands Council and others.

Then there is the issue of keeping promises. As the Western territories were officially becoming states, like in the East, the federal government agreed to eventually transfer those lands. However, as with so many other promises made by the D.C.-based political class, so far, it has not been fulfilled. “The enabling acts of the Western States make it clear the federal government was meant to be a steward only until such time that the states could manage,” Rep. Shea explained.

 

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BLM Selling Out America-Fabian Calvo

Fabian Calvo

 

 

 

 

 

 

 

By Greg Hunter’s USAWatchdog.com   (Early Sunday Release)

Real estate expert Fabian Calvo thinks the recent standoff between the Bureau of Land Management (BLM) and Nevada cattle rancher Cliven Bundy is about much more than grazing rights.  Even though this standoff is over, we find out It’s really about sweetheart deals for federal land.  Calvo says, “The hair on the back of my neck stood up when I was doing research for this and speaking to some of my contacts on Wall Street.  The BLM is part of the Department of the Interior, and look at what they have been doing?  Through the BLM, the Department of the Interior has been confiscating land and going after land, for example, in the high desert in California and all over the place.  What I am hearing is they are categorizing this land for future collateralization or to sell off.  In the Weimar (Germany) hyperinflation, after the hyperinflation, what did they back their currency with?  They backed it with mortgages and they backed it with land.  This is a total possibility here in America, but here’s the part that is more sinister and crazy.  The Department of the Interior and BLM have been providing sweetheart deals for Chinese investors.  I have a laundry list of deals that have been approved just in the last year.  Whether it’s Smithfield, a giant hog producer in America, and all of the farm land, overnight, the Chinese became the number one employer in a ton of cities across the U.S., but it doesn’t stop there.  Chinese investors are getting approval for solar fields.  There are battery companies they have taken over, and the list goes on and on.  The USDA gave the Chinese approval to import their chickens.  Why is this happening?  It is an end of the road situation.  It is just like where America was with England when we were exercising leverage over them around WWII because we were the largest creditor nation.  Now, we are the largest debtor nation, and we owe all this money to the Chinese.  In order to not have them dump our debt, we’re basically allowing them, through the Department of the Interior who is stealing rancher land and killing their cattle, they are selling out America.” 

 

Read More Here

 

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Fabian Calvo: BLM and Deals for Chinese Investors, Imploding Dollar and Housing Market Crash

 

Published on Apr 13, 2014

Fabian Calvo from TheNoteHouse.us says, “Real investors are scared to death of the imploding U.S. dollar. . . . Not everybody is a gold investor, and real estate is a tangible hard asset that can be rented out. I think home prices could go up until we have another full blown collapse. I think the collapse of the housing market will be coupled with the stock market collapse, the bond market collapse and the dollar collapse. Everything will blow at once.”

As far as the recent crisis between the federal government and the Bundy ranch in Nevada, Calvo says, “I think this Bundy ranch situation could be the Lexington and Concord of the Second American Revolution. Through the BLM, the Department of the Interior has been confiscating land and going after land . . . The Department of Interior and BLM has been providing sweetheart deals for Chinese investors.”

Join Greg Hunter as he goes One-on-One with Fabian Calvo from TheNoteHouse.us.

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Image Source  :  Sodahead.com

Interesting  how Americans standing their ground  and  fighting  back  against  an  out of  control government  and  their jackboot  thuggery are violating the  law. 

Yet  the Politicians with their L.E. thugs who lie, steal , cheat  and abuse the American People  everyday  are  law  abiding ?

Perhaps it is time  to  teach these self aggrandized  public servants what  Americans are  capable  of  and  just  who they  truly  work for!!

You are  right about one thing Mr. Reid, this is  definitely  not  Over……..

 

~Desert Rose~

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The New American

War on the West: Why More Bundy Standoffs Are Coming

Written by 

The federal government’s over-the-top police action against the Bundy family ranch is an ominous portent of more to come, as rogue agencies and their corporate/NGO partners attempt to “cleanse” the West of ranchers, farmers, miners, loggers, and other determined property owners.

On Saturday, April 12, the federal bureaucrats backed down. Faced with hundreds of men and women on horseback and on foot who were armed with firearms and video cameras — as well as local television broadcast stations and independent media streaming live video and radio feeds across America — the Obama administration called off the Bureau of Land Management’s (BLM) operation to confiscate hundreds of cattle belonging to Cliven Bundy, the current patriarch of a respected pioneer family that has been ranching in Nevada’s Clark County since the 1800s.

Supporters from all across the United States had converged on the Bunkerville, Nevada, area in support of Bundy, who is the

“last rancher standing” in Clark County, due to a decades-long campaign by federal agencies and allied enviro-activists to drive all ranchers off of the range. After a tense standoff, orders came down from above for the surrounded and outnumbered federal agents to “stand down” and turn loose the Bundy cattle that had been corralled.

 

On Saturday, before the resolution of the standoff, The New American talked to Richard Mack, the former sheriff of Graham County, Arizona, and founder of the Constitutional Sheriffs and Peace Officers Association (CSPOA), as he headed from a meeting of public officials to a press conference at the Bundy Ranch. He was very grave and worried at the time that the situation could spin out of control, and that federal agents might open fire on citizens. He also expressed his exasperation at Nevada Governor Brian Sandoval and Clark County Sheriff Douglass Gillespie. “If Governor Sandoval and Sheriff Gillespie were doing the jobs they were elected to do, they would have stopped this from getting to a dangerous point,” Sheriff Mack said. “There are lots of things they could have done to defuse this situation, including telling the Feds to ‘stand down,’ and to assert their own jurisdiction and force the federal authorities to obey the law, including the Constitution and the laws of the state of Nevada,” he noted. “I have a very bad feeling about this,” he continued, adding that he hoped the tensions would be deescalated and a peaceful outcome negotiated.

Fortunately, most likely due to the national attention that the Bundy situation was receiving, federal officials backed off, the demonstrators and supporters remained peaceful, and a violent confrontation was averted. However, that does not end the affair. Members of the Bundy family and supporters, such as Sheriff Mack, expressed concerns that the evacuation of the federal police force might be a feint, and that there may be plans for them to return the following day, or as soon as the supporters and television crews had departed.

Senate Majority Leader Harry Reid, whose personal financial stake in the Bundy eviction has been called into question, let it be known that he wants to see the matter pursued.

“Well, it’s not over,” Reid told NBC’s Nevada affiliate KRNV on Monday, April 14. “We can’t have an American people that violate the law and then just walk away from it. So it’s not over.”

Senator Reid, Nevada’s senior senator, is very incensed when the American people, i.e., ordinary citizens, “violate the law” — as he puts it — but he says nothing about the more serious violations of the laws and the Constitution by public officials, such as himself or the BLM officials.

This is the same federal BLM that Chief Judge Robert C. Jones of the Federal District Court of Nevada last year ruled had been engaged in a decades-long criminal “conspiracy” against the Wayne Hage family, fellow ranchers and friends of the Bundys. Among other things, Judge Jones accused the federal bureaucrats of racketeering under the federal RICO (Racketeer Influenced and Corruption Organizations) statute, and accused them as well of extortion, mail fraud, and fraud, in an effort “to kill the business of Mr. Hage.” In fact, the government’s actions were so malicious, said the judge, as to “shock the conscience of the Court.” Judge Jones granted an injunction against the agencies and referred area BLM and Forest Service managers to the Justice Department for prosecution.

Has Attorney General Eric Holder prosecuted any federal officials for criminal activity and violation of the Hage family’s constitutionally protected rights? No. Has Sen. Harry Reid denounced this lawlessness and criminal activity by government officials and call upon President Obama and Attorney General Holder to protect the citizens of his state from the depredations of federal officials under their command? No.

Huge Federal Footprint: And a Boot on Every Neck

With attitudes such as those expressed above by Sen. Harry Reid, it is almost a certainty that the recently defused Bundy Ranch standoff will be replayed again — and in the not-too-distant future. And the outcome could be much less amicable for all concerned.

And this is but one of many incidents that can be expected, because the Bundy family are not the only victims in the federal crosshairs. The BLM, U.S. Forest Service (USFS), National Park Service (NPS), U.S. Fish & Wildlife Service (USFWS), U.S. Army Corps of Engineers (USACE), and other federal agencies own and/or control hundreds of millions of acres of the 12 western states. The federal Environmental Protection Agency (EPA) is not as large a landlord as some of these bigger agencies, but it exercises enormous regulatory clout over both private and public lands, air, and water. And while the EPA’s draconian, arbitrary, and costly regulations affect the entire country, they fall especially hard on the states in the West, where the federal impact is already massive due to the outsized footprint of the federal agencies.

federal landAs the accompanying map graphically demonstrates, there is a striking difference between the federal government’s claim to physical real estate in the states of East and the Midwest versus those of the West. In Maine, for instance, federal agencies occupy only 1.1 percent of the state’s land area; in New York it’s a mere 0.8 percent. The federal government claims only 1.8 percent of Indiana, 1.6 percent of Alabama, and 1.7 percent of Ohio. But in the Western states, the federal footprint covers from nearly one-third to over four-fifths of the area of the states.

 

Read More Here

 

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Ron Paul: Feds May Come Back With Way More Force ‘Like Waco’

Watch Video Here

by Fox News Insider // Apr 14 2014 // 5:32pm

Former Texas Rep. Ron Paul was on “Your World” this afternoon to discuss the battle between a Nevada rancher and the federal government.

The federal government says Cliven Bundy owes $1 million in grazing fees, and authorities seized many of his cattle. Bundy then declared a “range war” on the government, prompting a standoff between Bundy’s supporters and the government. The government has since pulled back.

Paul said the government could come back with more force because it doesn’t give up power easily, citing the 1993 siege of the Branch Davidians’ compound in Waco, Texas. He said this issue poses the question of who should own the land.

Paul said Bundy has virtual ownership of the land because his family has been using it for so long.

“I think land should be in the states, and I think the states should sell it to the people,” he said. “You need the government out of it.”

Hear more of Paul’s thoughts in the video above.


Read more on the Nevada ranch standoff:

Feds Pull Back in Nevada Ranch Standoff

Nevada Rancher Renews Fight Against Big Gov: ‘We’re Standing Up for the Constitution’

 

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Sheriff Mack travels with other CSPOA members to stand with Nevada rancher against the BLM 

 
Many of you have called or emailed regarding the storm brewing between Nevada rancher Cliven Bundy and the BLM.  We all know how we feel about the all-too-frequent bullying of individual citizens by various Feds with their usurped, unconstitutional powers.  It’s an epidemic that must be stopped.Well, we want you to know we ARE doing something about it, and thankfully this time we’re not alone.  Sheriff Mack is leaving early Saturday morning for an emergency trip to Bunkerville, Nevada, along with other members of the CSPOA posse (hopefully that’s some of you!) to stand vigil and find a peaceful resolution to this conflict (i.e., the feds going home).AND this late-breaking news as per Lyle Rapacki today:

State Senate President Andy Biggs and House of Reps Speaker Dave Livingston have both agreed that Arizona should be involved in supporting CSPOA and Oath Keepers in going to Bunkerville, NV to support the movement for freedom there with the Cliven Bundy family. State Senators Al Melvin, Chester Crandall, and Kelly Ward along with State Reps Brenda Barton, Bob Thorpe, Kelly Townsend and Warren Peterson are all planning to be at the Bundy ranch by Sunday morning. Furthermore, they all plan to attend the Press Conference Monday afternoon with the CSPOA and Oath Keepers along with the Bundys and other sheriffs and public officials from across the country.

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We hope you understand how HUGE this is, that state senators and reps are supporting the CSPOA and the Oath Keepers!  We are not alone!

 

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A Delegation of state legislators, lead by Washington State Representative Matt Shea, along with a  delegation of current serving Sheriffs, lead by Sheriff Richard Mack of the Constitutional Sheriffs and Peace Officers Association, and military and police members of Oath Keepers, are converging on the site of a stand-off between federal law enforcement and Nevada Rancher Cliven Bundy, to prevent bloodshed and to stand in defense of hardworking rural Americans who are under assault by a runaway federal government.

LAS VEGAS, NV, April 10, 2014

The Constitutional Sheriffs and Peace Officers Association (CSPOA.org), led by retired Arizona Sheriff Richard Mack, and the Oath Keepers organization (oathkeepers.org) are assisting Washington State Representative Matt Shea in organizing a delegation of current serving Western state legislators and Sheriffs to travel to the site of a tense stand-off between Bunkerville, Nevada rancher Cliven Bundy and the Bureau of Land Management (BLM).  The delegation is traveling to Nevada to support a coalition of current serving Nevada legislators being organized by Nevada State Assemblywoman Michele Fiore, of Las Vegas, to stand vigil at the Bundy ranch to prevent Federal Government provocation of violence resulting in another Ruby Ridge or Waco type incident.  They also hope that their example of oath-sworn public servants defending the rights of the people will prompt Clark County, Nevada Sheriff Douglas Gillespie and Nevada Governor Brian Sandoval to honor their oaths of office by taking real action to defend the rights of the Bundy family, the rights of all Nevadans, and the sovereignty of the State of Nevada.

Yesterday, April 9, 2014, Nevada State Assemblywoman Michele Fiore served the first watch in this vigil shortly after Cliven Bundy’s son, Ammon Bundy, was tazered by BLM “Rangers” during a heated confrontation.  [The video of that confrontation can be seen with the full article on the Oath Keepers web site, www.oathkeepers.org]:

The courage and resolve displayed by Ammon Bundy and his relatives is inspiring, and may well go down in history as a watershed moment – a turning of the tide.  But the above video also amply demonstrates the heavy-handed behavior of the BLM that risks escalating an already volatile situation into open bloodshed, that, once begun, may spiral out of anyone’s control.

It is necessary that current serving public servants step in-between the protesters and the BLM, to protect the rights of the people and to prevent violence against them by the militarized federal law enforcement that are massing near the ranch to continue the forced confiscation (theft) of  Bundy’s cattle, while they also restrict all access to huge tracts of public land, and attempt to restrict the free speech of protesters with their absurd “First Amendment Area” (which the protesters are ignoring, to their honor).

The Oath Keepers organization, comprised of 40,000 current serving and former military, police, and first responders, is also calling on its members and all other patriotic Americans to join the vigil at the Bundy ranch under the leadership of the current serving legislators and sheriffs.  The goal is to have at least one current serving state legislator and at least one sheriff on the ground at all times until this is over.  And they will be backed by a large number of military and police veterans, as well as dedicated patriotic Americans from all walks of life, to interpose and defend the rights of the protesters and to keep an eye on the actions of the BLM and any other federal law enforcement present, to prevent a recurrence of the horrid abuses seen at Ruby Ridge and Waco, and to hopefully pressure the Clark County Sheriff and the Nevada Governor to step up and do their constitutional duty.

Regardless, please tell everyone you know to be praying for a peaceful resolution to this situation and for the safety of the brave patriots headed there and on the ground there right now.

Please read the entire press release  
on the Oath Keepers web site, oathkeepers.org 

 

Read More Here

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Posted: 04/02/2014 9:55 am EDT Updated: 04/02/2014 5:59 pm EDT
ORGANIC EGGS
ASSOCIATED PRESS

 

When most Americans think about organic meat or eggs, they picture animals on small farms, allowed to root in the soil, feel sun on their backs, and engage in their natural behaviors. What they don’t picture is tens of thousands of hens crammed into massive sheds with no access to soil and extremely limited outdoor access.

Unfortunately, the USDA stamped its seal of approval on the latter scenario by refusing to implement its own advisory board’s animal welfare recommendations, which would have created a level playing field for the hundreds of small organic farms that were the basis for the standards. These recommendations would not have required “good” conditions, but they would have set a reasonable floor by requiring improvements from the five massive “organic” egg farms that provide the worst hen welfare.

The USDA’s decision doesn’t just violate our moral intuitions and the expectations of organic consumers; it also violates the Department’s legal mandate in at least two distinct ways.

First, USDA is statutorily required “to establish national [organic guidelines that] meet a consistent standard.” In 2005 and again in 2010, USDA’s Office of the Inspector General (OIG) found that animal welfare standards were applied inconsistently, in violation of the Act’s legal requirement that USDA ensure “that [organic] products meet consistent, uniform standards.”

By requiring improvements from the five mega-farms such that their hen welfare standards would align with that of the hundreds of smaller farms, adopting the advisory board’s recommendations would create this statutorily-mandated consistency. Ignoring those recommendations places USDA in violation of its legal mandate.

 

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PC World

mt gox bitcoin protestTim Hornyak

 

 

 

Hackers attacked the personal blog of Mt. Gox CEO Mark Karpeles on Sunday and posted what they claim is a ledger showing a balance of some 950,000 bitcoins based on records they obtained from the defunct exchange for the virtual currency.

They said the sum contradicts Mt. Gox’s claim in a Japanese bankruptcy protection filing Feb. 28 that it had lost about 850,000 bitcoins.

Neither Karpeles nor Mt. Gox officials could immediately be reached to verify the claims.

Karpeles has maintained a low profile since the filing in Tokyo District Court. Mt. Gox, which pulled the plug on its website three days before the court filing, had announced that about 750,000 customer bitcoins it held are missing along with 100,000 of its own bitcoins and $27.3 million in customer deposits.

Karpeles’ blog was titled “Magical Tux in Japan—Geekness brought me to Japan!” Karpeles, who is French, often used the nickname “MagicalTux” when posting on public message or chat forums. His blog went offline on Sunday shortly after it was attacked.

mt. gox ceo blog
A screenshot of Karpeles’ hacked blog. (Click to enlarge; strong language.)

Karpeles did not immediately answer a query sent to his personal email address.

The attackers claim to have obtained database records containing transaction details from Mt. Gox. They wrote they purposely withheld users’ personal data. Mt. Gox had as many as 1 million customers as of December.

The data included a screenshot of what appears to be an internal SQL database administration tool, Karpeles’ CV and a Windows executable called “TibanneBackOffice,” among many others. Mt. Gox is a subsidiary of Tibanne, a company owned by Karpeles.

The release of the data adds to the mysterious circumstances around Mt. Gox, which at one time was the largest exchange for buying and selling bitcoin.

Mt. Gox’s demise has enraged its out-of-pocket customers as efforts continue to derive clues from bitcoin’s public ledger, called the blockchain, that might indicate the fate of its virtual currency holdings.

 

Read More Here

 

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NSA is after industrial spying – Snowden to German TV

Published time: January 26, 2014 09:44
Edited time: January 27, 2014 08:15

AFP Photo / Jim Watson

AFP Photo / Jim Watson

The NSA agency is not preoccupied solely with national security, but also spies on foreign industrial entities in US business interests, former American intelligence contractor, Edward Snowden, has revealed in an interview to German TV.

Edward Snowden chose the German ARD broadcaster to make his first TV interview ever since he became a whistleblower. The interview was made in strict secrecy in an unspecified location in Russia, where Snowden is currently living under temporary asylum.

“There is no question that the US is engaged in economic spying,” said Snowden.

If an industrial giant like Siemens has something that the NSA believes “would be beneficial to the national interests, not the national security, of the United States, they will go after that information and they’ll take it,” the whistleblower said, giving an example.

Reuters / Tobias Schwarz

Reuters / Tobias Schwarz

Edward Snowden disavowed participation in any future publications of the documents he withdrew from the NSA databanks, saying in the same interview that he no longer possesses any NSA data. The information has been distributed among a number of trustworthy journalists, who are going to decide for themselves what to make public and in what sequence.

The full 30-minute version was aired at 11pm local time (22:00 UTC) on Sunday.

The former NSA contractor’s revelations about US global spying activities, including snooping on its closest allies, put transatlantic ties “to the test,” said German Chancellor Angela Merkel last November and demanded that Washington give Germany clarity over the future of the NSA in the country.

Snowden’s revelation hit Berlin particularly hard because Germany is a non-Anglophone country, and therefore is not a member of the ‘Five eyes’ intelligence alliance that incorporates NSA-equivalent agencies in Britain, Canada, Australia and New Zealand, Deutsche Welle points out. While members of the ‘Five eyes’ were exchanging intelligence on a regular basis, Berlin had to consider itself satisfied with less data, while both Washington and London, for example, were blatantly listening to German Chancellor Angela Merkel’s cell phone right in the middle of Germany’s capital.

The Germans – according to polls – have lost confidence in the US as a trustworthy partner, and the majority of them consider NSA whistleblower Edward Snowden a hero.

Read More Here

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NSA’s big nose in big business: Snowden says agency spies on industry

RT

Published on Jan 27, 2014

The NSA agency is not preoccupied solely with national security, but also spies on foreign industrial entities in US business interests, former American intelligence contractor, Edward Snowden, has revealed in an interview to German TV. READ MORE: http://on.rt.com/4knl08

RT LIVE http://rt.com/on-air

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Is a Major Gold Scandal Going Mainstream?

We noted in 2012 that there are serious questions as to whether the Fed and other central banks really have the gold holdings which they claim.

This story is starting to go mainstream.

The Financial Times writes today (h/t Zero Hedge):

A year ago the Bundesbank announced that it intended to repatriate 700 tons of Germany’s gold from Paris and New York. Although a couple of jumbo jets could have managed the transatlantic removal, it made security sense to ship the load in smaller consignments. Just how small, and over how long, has only just become apparent.

Last month Jens Weidmann, Bundesbank president, admitted that just 37 tons had arrived in Frankfurt. The original timescale, to complete the transfer by 2020, was leisurely enough, but at this rate it would take 20 years for a simple operation. Well, perhaps not so simple. While he awaits delivery, Herr Weidmann is welcome to come and look through the bars in the Federal Reserve’s vaults, but the question is: whose bars are they?

In the “armchair farmer” fraud you are told: “Look, this is your pig, in the sty.” It works until everyone wants physical delivery of their pig, which is why Buba’s move last year caused such a stir. After all nobody knows whether there are really 260m ounces of gold in Fort Knox, because the US government won’t let auditors inside.

Read More Here

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ZeroHedge

The FT Goes There: “Demand Physical Gold” As One Day Paper Price Manipulation Will End “Catastrophically”

What have we done: after a series of reports in late 2012 in which we showed, with no ambiguity, that not only might the Bundesbank’s offshore held gold be severely “diluted” (follow our 2012 exposes on German gold here, here, here, and here), but that on at least one occassion, the Fed and the Bank of England conspired against the Buba in returning subpar quality gold, the Bundesbank shocked everyone in early January 2013 when it announced it would repatriate 300 tons of gold helt in New York and all of its 374 tons of gold held in Paris. But convincing the Bundebsbank to demand delivery was peanuts compared to changing the tune of the Financial Times – that bastion of fiat “money”, and where the word gold is mocked and ridiculed, and those who see the daily improprieties in the gold market as nothing but “conspiracy theorists” – to say the magic words: “Learn from Buba and demand delivery for true price of gold”, adding that “one day the ties that bind this pixelated gold may break, with potentially catastrophic results.

In other words, precisely what we have been saying since the beginning.

Welcome to the ‘conspiracy theorist’ club, boys.

From the FT’s Neil Collins: “Learn from Buba and demand delivery for true price of gold: One day the ties that bind the actual and the traded commodity will snap:

A year ago the Bundesbank announced that it intended to repatriate 700 tons of Germany’s gold from Paris and New York. Although a couple of jumbo jets could have managed the transatlantic removal, it made security sense to ship the load in smaller consignments. Just how small, and over how long, has only just become apparent.

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Published time: November 12, 2013 17:16
Edited time: November 12, 2013 18:14

Michael Nagle / Getty Images / AFP

Michael Nagle / Getty Images / AFP

A former Federal Reserve employee responsible for managing the agency’s quantitative easing program has written an op-ed apologizing for what he called “the greatest backdoor Wall Street bailout of all time.”

Writing in the Wall Street Journal, Andrew Huszar detailed his concerns about the Fed’s massive bond-buying measures. He argued that while the Reserve initially claimed the program would lower borrowing rates for average citizens, the trillion-dollar initiative primarily ended up lining the pockets of Wall Street executives.

“Despite the Fed’s rhetoric, my program wasn’t helping to make credit any more accessible for the average American,” Huszar wrote. “The banks were only issuing fewer and fewer loans. More insidiously, whatever credit they were extending wasn’t getting much cheaper. QE may have been driving down the wholesale cost for banks to make loans, but Wall Street was pocketing most of the extra cash.”

What’s more, Huszar claimed that several Federal Reserve managers expressed apprehension over the effects of quantitative easing (QE) only to find their concerns ignored.

“Our warnings fell on deaf ears,” he wrote. “In the past, Fed leaders—even if they ultimately erred—would have worried obsessively about the costs versus the benefits of any major initiative. Now the only obsession seemed to be with the newest survey of financial-market expectations or the latest in-person feedback from Wall Street’s leading bankers and hedge-fund managers.”

 

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It’s About Shutting YOU Down!

Snordster·

Published on Oct 9, 2013

Forget the Government Shutdown — It’s About Shutting YOU Down!
Americans are being treated to political theater at its finest. It’s not a theater of entertainment, however, but a coliseum of enslavement where in the world of deception, perception becomes reality. This theater requires audience participation, where we, the theater-goers, become part of the play. We are a truly captive audience, entranced into mindlessly choosing sides at the frenzied urging of the corporate media and partisan cheerleaders firmly seated behind the microphones and television cameras of the nationally syndicated media. From RINF: http://rinf.com/alt-news/breaking-new…

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Americans Are Being Treated to Political Theater: Forget the Government Shutdown – It’s About Shutting YOU Down

elite-puppet-president-and-wall-street-banksters

The government is red, the middle class is dead & they want us all dead

Americans are being treated to political theater at its finest. It’s not a theater of entertainment, however, but a coliseum of enslavement where in the world of deception, perception becomes reality. This theater requires audience participation, where we, the theater-goers, become part of the play. We are a truly captive audience, entranced into mindlessly choosing sides at the frenzied urging of the corporate media and partisan cheerleaders firmly seated behind the microphones and television cameras of the nationally syndicated media.

As the play progresses, we, the American people, become part of each act, believing that we actually have a voice in this pre-scripted performance. We are bombarded with lie after lie, each worse than the previous in an attempt to convince us that we can making a difference by choosing and cheering seemingly opposing sides on the stage before us. The biggest lie of them all is that there are not two sides, but just one. It’s “them versus us” in a fight to the death playing out before us in this 21st century Shakespearean tragedy. It’s not just death, but the premeditated murder of the middle class and anyone without a reservation at the globalists’ table. And the space at that table is limited.

The actors of this play are ostensibly at odds over funding the Affordable Care Act while a peek behind the curtain tells a different story altogether. Like any play, the ending of this has already been determined.  The ending, however, is not the same as written in the commemorative program you were given upon your arrival at this theater.

The house lights have been dimmed not just for the performance, but to induce us into a hypnotic trance further enabled by the media mouthpieces of malice. As you gradually become accustomed to the theater lighting, you’ll see that it’s not just a play, but you’re being played. You’re being manipulated into believing that the government shutdown is the actual plot of the play, while it is merely the method to continue the lie of a fictitious political paradigm.

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Is the government shutdown actually the ground work of a well laid out plan to confiscate money in the US ?

 

Money Confiscation Legal?

Snordster

Published on Apr 26, 2013

A chilling peek into the future by way of the past from Matthias Chang. here; http://www.globalresearch.ca/no-bank-…

Ask your local police, sheriffs, lawyers, judges the following questions:

1) If I place my money with a lawyer as a stake-holder and he uses the money without my consent, has the lawyer committed a crime?

2) If I store a bushel of wheat or cotton in a warehouse and the owner of the warehouse sold my wheat/cotton without my consent or authority, has the warehouse owner committed a crime?

3) If I place monies with my broker (stock or commodity) and the broker uses my monies for other purposes and or contrary to my instructions, has the broker committed a crime?

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