Charleston Voice

All B-Cruz: married into the TPP/NAU establishment

2015-05-09T17:06:00.000-04:00

https://www.blogger.com/blogger.g?blogID=4381769159320878016#editor/target=post;postID=5045100451560535456

Thursday, May 7, 2015

All B-Cruz: married into the TPP/NAU establishment

Not a US citizen? No problem, it doesn't matter anymore! ¿No un ciudadano estadounidense? ¡No hay problema, no importa más!

If you consider yourself a Cruzer supporter watch where you step. If you think the "tea party" is your safe haven, you'll be disappointed when you find out it's just another appendage for GOP neocon leadership propaganda.

The mouse trap is baited, don't lunge for the cheese. Promise us all you'll jump off a bridge after you support whom you thought was the 'lesser of two evils', when in fact there is no lesser! The Cruzer and an opponent worship at other alters than you or me.

Dr. Joel McDurmon

Mar 10, 201 4

Good Fellas Blankfein, Goldman CEO and
Head Abortion Meister Buffett

During his CPAC speech this weekend, Senator Ted Cruz took shots at previous Republican presidential candidates Dole, McCain, and Romney, for lacking a “clear distinction” from big-government democrats. Well, I think Mr. Cruz has got some ‘splaining to do. It seems he’s just as married—literally—to the establishment as any of them.

A report from the ever-busy infowars.com reveals that Cruz’s wife, Heidi, has some rather behemoth credentials:

All B-Cruz: married into the TPP/NAU establishment

2015-05-07T17:09:00.000-04:00

Dr. Joel McDurmon

Mar 10, 201 4

Good Fellas Blankfein, Goldman CEO and
Head Abortion Meister Buffett

A report from the ever-busy infowars.com reveals that Cruz’s wife, Heidi, has some rather behemoth credentials:

Cruz’s insider connection is a family affair. His wife, Heidi, is a Goldman Sachs vice president in Houston, Texas, according to her LinkedIn profile. She also served as an economic advisor for the Bush administration. In 2011, a Cruz campaign spokesman portrayed Heidi as “an expert on North American trade,” in other words she is savvy when it comes to globalist transnational trade deals like NAFTA, the single most destructive government move against the American worker in history.

She was also a term member of the Council on Foreign Relations (see her bio at Claremont McKenna College), a position that expired prior to her husband’s attack on the globalist organization.

The details come from a page listing Clermont-McKenna College’s Board of Advisors, on which Mrs. Cruz apparently served. In addition to being one of only three of W’s economic advisors,

She also served in the Administration as the economic director for the Western Hemisphere at the National Security Council at the White House, advising the President and then-National Security Advisor Condoleezza Rice. She also is a former director at the U.S. Treasury Department and was special policy assistant to Ambassador Robert B. Zoellick, then Chief U.S. international trade negotiator.

It also reveals that before Goldman Sachs, she worked for another tentacle of the vampire squid, JPMorgan, “focusing on international structured finance.”

None of this says “Tea Party,” “small government,” “sound money,” and contrary to Cruz’s latest pitch, it also does not much support “standing on principle”—unless that “principle” is fiat money, TARP bailouts, financing wars, revolving doors, etc.

Now perhaps Mrs. Cruz’s career is not representative of the Senator’s views. Or, if it is, perhaps the Senator has changed views in recent years. He did later blast the CFR, but that seems to have come only after his wife’s Term ended, and only when trying to present himself as a Tea Party candidate.

But Cruz has wasted no time showing us to his views. Only a day after falling a distant second behind Ran Paul (Paul 31%, Cruz only 11%) in the CPAC straw poll, Cruz took a swipe, albeit a weak one, at Paul. Breitbart.com reports that despite being a “big fan” of Rand Paul, Cruz stated, “I don’t agree with him on foreign policy.”

There’s no doubt Paul is not an imperialist or a warmonger, but he has certainly deviated from his father’s uncompromising non-interventionism. When Fox News Sunday asked about his foreign policy, Paul answered,

I see my foreign policy in the same line as what came out of, probably, the first George Bush. Henry Kissinger wrote something in the Washington Post two days ago [here] which I agree with. I see it coming out of the mainstream of the Republican position.

I opposed with real fervor the involvement of us in Syria, and that became the dominant position in the country—both Republican and Democrat. There’s not one Republican who’s saying we should put military troops in Crimea, in the Ukraine. So I think I’m right in the middle of that position.

And I think that those who would try to argue that somehow I’m different than the mainstream Republican opinion are people who want to take advantage for their own personal political gain. I’m a great believer in Ronald Reagan. I’m a great believer in a strong national defense. . . .

It’s perhaps not surprising then that in his sideswipe at Paul, Cruz didn’t really give any real specifics, just vague sentimental references:

U.S. leadership is critical in the world. I agree we should be reluctant to deploy military force aboard, but there’s a vital role, just as Ronald Reagan did. When Ronald Reagan called the Soviet Union an Evil Empire, when he stood in front of the Brandenburg Gate and said ‘Tear down this wall.’ Those words changed the course of history. The United States has a responsibility to defend our values.

Of course, Paul seems to share all of these platitudes: who doesn’t believe in “defending our values”? Who doesn’t believe in “U.S. leadership”? So as criticisms these fall flat.

The real questions are things like, “Do we need 800 international military bases to accomplish this?” “Do we need to maintain military bases in 63 countries?” “Do we need standing armies of 255,000 soldiers in foreign countries?” “Can anyone who believes in fiscal responsibility and small government seriously maintain $680+ billions each year in ‘defense’ spending?” And this is all not even considering the biblical doctrines regard the military and war (Paul has hinted at some. Cruz has not, as far as I know).

Since Paul shares the views Cruz mentioned, it seems that Cruz is either uniformed (unlikely), dishonest (harsh), or is engaging in careless political volleys.

Consider the results of CPAC, the latter seems most likely.

In fairness, Cruz was asked about Paul by an interviewer, so he had no choice but answer. But his answer is vague grandstanding on things Paul agrees with.

So, if we are to believe that Cruz’s answer distinguishes him from Paul somehow, then he must have very different definitions of “U.S. leadership” and “defending our values” than those articulated by Paul. For Cruz, these must be euphemisms for “imperialism” and “interventionism.”

If Cruz’s familial associations—Goldman Sachs, JPMorgan, W, CFR— are any indication, then I think we know the answer. I suspect there is, therefore, some truth in Infowar.com’s conclusion:

Like the domestication of the Tea Party and the expulsion of its more purist liberty-minded activists, the Cruz the warrior pitted against the establishment motif is another slick subversion directed at the political elite’s most puissant opposition – the real Tea Party and a threatening number of patriot activists gnawing at the edges of the political establishment.

If Cruz gets more prominent for the 2016 primary, I suspect there will be an attempt to scrub these associations.

UPDATE: Paul fires back:

Many forget today that Reagan’s decision to meet with Mikhail Gorbachev was harshly criticized by the Republican hawks of his time, some of whom would even call Reagan an appeaser. In the Middle East, Reagan strategically pulled back our forces after the tragedy in Lebanon in 1983 that killed 241 Marines, realizing the cost of American lives was too great for the mission.

Without a clearly defined mission, exit strategy or acceptable rationale for risking soldiers lives, Reagan possessed the leadership to reassess and readjust.

Today, we forget that some of the Republican hawks of his time criticized Reagan harshly for this too, again, calling him an appeaser. . . .

How many leaders were as great as Reagan, willing to admit their mistakes, learn from them and put their country before their own reputation and legacy?

Today’s Republicans should concentrate on establishing their own identities and agendas, as opposed to simply latching onto Ronald Reagan’s legacy—or worse, misrepresenting it.
Source AmericanVision

Cancer and other Cures Frustrated by Rockefellers and the FDA vid

2015-05-07T16:28:00.000-04:00

For more on how these tax-exempt foundations have corrupted our country with money gifted from us go here.
For another youtube expose of the FDA, go here

For the extensive video gallery of the Rockefellers and their co-conspirators go to bottom of this post.

Published on Mar 12, 2014

SHOW NOTES AND MP3: As Americans fret about the Obamacare website and wonder how the country became enslaved to the high.

The modern day mainstream medical industry has a dubious history, deeply rooted by a drive for profit through the subversion and suppression of non-profitabl.

Alex Jones Radio show 5th of January 2009 broadcast. Dr. Russell Blaylock talks to Alex about the Rockefellers and their eugenics programs and how it all cam.

Part of a Eustace Mullins interview by wa5dxp, May 22, 2005.

Global Sciences Congress, December 1, 1990, Tampa, Florida.

An exploration of the mission and history and an overview of some current research underway at The Rockefeller University Hospital. The Hospital, which is ce.

How ROCKEFELLER ruined our Medical industry, hiding a simple cure for ALL diseases, even terminal cancer, for nearly free and no danger -- contrary to Corbot.

J'ai créé cette vidéo à l'aide de l'application de montage de vidéos YouTube ( A senior UN counter-terrorism official is to as.

The good folks at Natural News put together this short - but extremely revealing - video about the origins of both the American Medical Association and the n.

The Rockefeller Foundation was first set up in 1904 and called the General Education Fund. An organization called the Rockefeller Foundation, ostensibly to s.

J'ai créé cette vidéo à l'aide de l'application de montage de vidéos YouTube ( A senior UN counter-terrorism official is to as.

This is a video of the Rockefeller Estate. It is the home that John D. Rockefeller, the nations first billionaire, called Kykuit - dutch for lookout, because.

Rockefeller was used to tough situations from a young age. Watch his story in The Men Who Built America exclusively on HISTORY (Sky 529, Virgin Media 234, BT.

Rockefeller University cell biologist Ralph M. Steinman, who discovered the immune system's sentinel dendritic cells and demonstrated that science can fruitf.

David Rockefeller, youngest son of the late John D. Rockefeller Jr., discusses his new book, Memoirs, with UCSD history Professor Michael E. Parrish. Serie.

Quelle: The Rockefeller Medicine http.

Eustace Mullins in the Bobby Lee Show in 1992 on the Rockefeller Medical Monopoly and the matching cancer industry, the profits of cancer, death and vaccinat.

This is one of the Billionaires mentioned who decide who lives and who dies, pay attention to what he is saying and why.

Voices for National Service and ServiceNation, in partnership with AmeriCorps Alums, have launched the I Serve Because. Video Contest. This is why I serv.

7 minute vid starts out at President Garfield's monument and tomb. Then we parked and walked up to the Rockefeller family plot.

Chairman John D. (Jay) Rockefeller IV gave an opening statement at the U.S. Senate Committee on Commerce, Science, and Transportation hearing on June 26, 201.

Les Rockefeller - 1l3.

This is the video gallery of subversive activities of the Rockefellers and their agents.

US CORPORATE DESTROYERS URGING NEXT FASCIST FAST TRACK ATTACK 0N AMERICA

2015-05-07T10:45:00.000-04:00

Wall Street Titans Who Crashed Global Economy in 2008 Go Big for TPP

As billionaire class and financial elites push corporate-friendly pact, new data shows empty promises and 'job-killing' reality of previous agreements

Jon Queally, staff writer

Executives from the financial institutions who received TARP funds, (L-R) Goldman Sachs Chairman and CEO Lloyd Blankfein, JPMorgan Chase & Co Chairman and CEO Jamie Dimon, The Bank of New York Mellon CEO Robert P. Kelly, Bank of America CEO Ken Lewis and State Street Corporation CEO and Chairman Ronald Logue testify before the House Financial Services Committee February 11, 2009 in Washington, DC. (Photo: Chip Somodevilla/Getty Images)

[CV ...a trinational, Independent Task Force on the Future of North America has developed a roadmap to promote North American security and advance the well-being of citizens of all three countries. Read more] and more ...Ted Cruz: married to the establishment

[CV ... Rand Paul Supports the Trans-Pacific Partnership (TPP) Trade Deal. Read more

Even as millions and millions of Americans—represented by thousands of labor, environmental, family farm, consumer, faith, Internet freedom and other advocacy organizations—continue to stand firmly in opposition to the Trans-Pacific Partnership, those backing the TPP, including President Obama and a large majority of the Republican caucus, still have two dedicated demographic groups pledging their allegiance to the cause and arguing the so-called "free trade agreement (FTA)" would be good for average workers and the economy overall: billionaires and Wall Street titans.
As Zach Carter of the Huffington Post reports:

Last week, dozens of New York City's power elite signed a letter to the state's congressional delegation, urging lawmakers to support the Trans-Pacific Partnership now in negotiations. Democrats in Congress largely oppose the TPP, and Republican leaders have said they don't have the votes needed to pass it without Democratic support.
But while Obama has struggled to win over members of his own party -- he has been publicly feuding with Sen. Elizabeth Warren (D-Mass.) -- wealthy CEOs probably aren't the ideal pitchmen to skeptical Democrats. Even if their letter hails the TPP as "a catalyst for creating new jobs in the United States" that will benefit "American workers in a broad range of industries."

Fox News mogul Rupert Murdoch signed the letter. So did Steven Schwarzman, who once compared the prospect of raising taxes on private equity magnates like himself to Hitler's invasion of Poland. John Paulson, the Republican mega-donor who made a fortune betting against the housing market with Goldman Sachs, is also a signee. So is vulture investor Wilbur Ross, who spent six figures to support GOP nominee Mitt Romney in 2012 and has backed such conservative hardliners as Sen. Tom Cotton (R-Ark.) and former Rep. Allen West (R-Fla.).

Other signatories include real estate billionaire Jerry Speyer, who recently attended a $100,000-per-person fundraiser to bolster former Florida Gov. Jeb Bush's White House hopes. The host of that event, private equity kingpin Henry Kravis, also signed.

News of the letter, which can be read in full here, came on the same day as new trade data released by the U.S. Census Bureau, covering the full first three years of the bilateral trade deal between the U.S. and South Korea, revealed that the U.S. goods trade deficit with that country has more than doubled since the agreement, first signed in 2007 and amended in 2010, was implemented.

What the new data shows, according to the advocacy group Public Citizen, is economic outcomes that are the opposite of the Obama administration’s "more exports, more jobs" promise used to push through that deal, which are the same promises the administration and those supporting TPP are now using as they attempt to persuade Congress to approve Fast Track authority and ram it through Congress without debate or amendment.

The new economic statistics, explains Public Citizen, offer a damning indictment of the promises on which such deals are sold:

U.S. goods exports to Korea have dropped 6 percent, or $2.7 billion, under the Korea FTA’s first three years, while goods imports from Korea have surged 19 percent, or $11.3 billion (comparing the deal’s third year to the year before implementation). As a result, the U.S. goods trade deficit with Korea has swelled 104 percent, or more than $14 billion. The trade deficit increase equates to the loss of more than 93,000 American jobs in the first three years of the Korea FTA, counting both exports and imports, according to the trade-jobs ratio that the Obama administration used to project gains from the deal." [...]
Record-breaking U.S. trade deficits with Korea have become the new normal under the FTA – in 35 of the 36 months since the Korea FTA took effect, the U.S. goods trade deficit with Korea has exceeded the average monthly trade deficit seen in the three years before the deal. In January 2015, the monthly U.S. goods trade deficit with Korea topped $3 billion – the highest level on record.

The administration has tried to deflect attention from the failure of its Korea FTA by claiming that its poor performance has been caused by economic stagnation in Korea. However, Korea’s economy has grown during each year of the Korea FTA, while U.S. exports to Korea have not.

Despite those figures and the collapse of the U.S. manufacturing sector in the age of neoliberal globalization, the repeated line from TPP supporters is that these deals are 'job creators.' As the letter from the billionaire elites to the New York Congressional Delegation stated, "TPP would be a catalyst for creating new jobs in the United States, attracting more foreign investment to this country, and benefitting American workers in a broad range of industries."

But that's simply not what the evidence from past FTAs shows, said Lori Wallach, director of Public Citizen’s Global Trade Watch, in a statement on Tuesday.

"Who’s going to buy the argument about Fast Track and the TPP creating 'more exports, more jobs' when Obama’s only major trade deal, used as the TPP template, was sold under that very slogan and yet has done the opposite?"

And Dave Johnson, from the Campaign for America's Future, explained in a Tuesday post how none of this "just happened" by accident, but that corporate-friendly trade policies have created these 'job-killing' conditions:

Globalization is not some kind of inevitable natural process of history that has caught up with us. This was and is the result of intentional policy choices, designed to force deindustrialization, break unions, drive down wages and benefits and increase inequality as that pay differential is pocketed by a few. This is the result of the “free market, free trade” ideology that rose up in the late 70s. Free trade policy was and is designed to give a few plutocrats and their giant corporations — “the 1 percent” — increased power over governments.

Dean Baker, in “Globalization Was Policy, Not Something That Happened,” explained, “… inequality, like the path of globalization, is not something that happened. It was and is the result of conscious policy. We won’t be able to deal with it effectively until we acknowledge this simple fact.”

In his reporting for Huffington Post, Carter makes it clear that it wasn't only billionaires who signed the letter urging for Fast Track and TPP approval. Some, he told his readers, were "merely millionaire CEOs" like Goldman Sach's Lloyd Blankfein, Kenneth Chenault of American Express, and JP Morgan's Jamie Dimon.

This work is licensed under a Creative Commons Attribution-Share Alike 3.0 License

DEATH STALKS US SAILORS JUST BENEATH THEIR UNWARY CREWS

2015-05-06T20:58:00.000-04:00

By Christopher P. Cavas 4:25 p.m. EST January 24, 2015

Despite Numbers, Experts Question Combat Effectiveness

WASHINGTON — The Russian Navy's submarine force is on a roll.
Four different kinds of submarines are under construction and more are coming. The country expects to lay down five new nuclear submarines in 2015.

The Navy is accepting Borey-class nuclear-powered ballistic missile submarines, Yasen-class nuclear attack submarines, and Kilo- and Lada-class diesel electric attack submarines. Six Kilos are being built for Vietnam and more are offered for export.
This rate of construction is beginning to look more like Cold War days rather than the lethargic shipbuilding rates prevalent since the 1990s.

By comparison, the US only recently returned to building two nuclear attack submarines per year, and industry is gearing up to begin construction of a new class of ballistic submarines in 2021 — a three-subs-per-year construction rate not seen since the Reagan era.

Combine the revived Russian submarine construction rate with President Vladimir Putin's aggressive stances of the past year, along with the steady drumbeat of Chinese naval expansion, and the question might be asked — is a submarine race going on?

"I know a lot of folks like the term arms race, but I think it's more complicated than that," said Thomas Mahnken, a former US defense official and now a professor at the Naval War College. "There's definitely competition going on — with the US, other NATO navies, China — but there's also modernization going on. An increasing portion of what Russia is doing is replacing aging systems or systems that already have been retired."

"I would be skeptical," cautioned Norman Friedman, a longtime naval analyst and author. "There's a history in that country of laying down things that don't get finished for a long time. No question they'll lay down the subs, but actually building them after that is a more interesting question."

The Russians frequently issue proclamations that they intend to increase naval construction, including statements about building a fleet of aircraft carriers. But ship construction remains modest, and the Navy remains largely a collection of Cold War relics. Yet Russia has a long tradition of building tough and innovative submarines.

"The Russians have put their money where their mouth is with regard to submarine construction and development," said Bryan Clark, a former US Navy submariner and strategist, now an analyst with the Center for Strategic and Budgetary Assessments. "They see that as a way to generate an asymmetric advantage over US forces. If they can develop a really high-end submarine force like they did in the Cold War, it would create a problem for US naval planners and strategists thinking through how to deal with a potential Russian threat — one that could emerge without a lot of warning."

Construction Delays

The most lethal new subs are those of the Yuri Dolgoruky class, also known as the Project 955 Borey class. Construction of the Dolgoruky has been a protracted affair — the ship was laid down at the Sevmash military shipyard in Severodvinsk in 1996 but not launched until 2007. Sea trials began in 2009, but development of the ship's primary weapon, the Bulava intercontinental ballistic missile (ICBM), itself has been fraught with problems. It was only in 2014 that the submarine submerged with a full load of 16 ICBMs, according to Russian media.

A second Borey, the Alexander Nevsky, was laid down in March 2004 and began sea trials in 2011. Like the Dolgoruky, the ship and its missiles have experienced numerous problems, and trials continued at least through 2013. Vladimir Monomakh, the third Borey, was commissioned last December after eight years of construction and trials.

Three more Boreys are under construction, and Russian Navy chief Adm. Viktor Chirkov said in December two more would be laid down in 2015, for a total of eight, all expected to be in service by 2020.

The design of the Dolgorukys uses many features of earlier submarines. In fact, the first units used pieces and components built for earlier submarines that were either scrapped or never finished. Russian media reports indicate the Vladimir Monomakh used significant hull components of the decommissioned Akula-class attack submarine Ak Bars.

"I get the feeling for all the big talk from the Russians about building a new fleet, they're probably having trouble getting stuff," Friedman said. "For the first subs, they used pieces from earlier subs."

The Dolgoruky carried out an operational test firing of a Bulava in October, the Itar-Tass news agency reported — the third successful test launch since a September 2013 failure — and two more will take place in 2015.

Meanwhile, construction of Yasen-class Project 885M nuclear attack submarines is picking up. The first unit, Severodvinsk, was commissioned at the end of 2013 after a 20-year construction period, during which the submarine underwent significant re-design. A second unit, laid down in 2009 at Sevmash, could be delivered this year.

Two more Yasens were laid down in 2014. Itar-Tass reported on Dec. 26 that Mikhail Budnichenko, head of Sevmash, said three Project 885 Yasen-class subs would be laid down this year along with two Boreys.

Non-nuclear submarine construction also continues. Along with several Kilo-class subs being built for the Russian Navy and export, at least one more Lada-class diesel-electric submarine is to begin construction this year.

Numbers vs. Effectiveness

But can Russia sustain this prodigious submarine construction effort?

"The naval production we're likely to see this year is an artifact of decisions made some time ago when oil prices were fairly high and before a number of Western countries imposed sanctions on Russia," Mahnken said. "Whatever the Russians do this year, I think it'll be very hard for them to sustain naval production going forward."

Added Friedman: "Putin doesn't have that much money. And with the drop in oil prices, they have very bad problems."

With the post-1990 decline in shipbuilding, Friedman said, the shipyards have lost much of their submarine-building expertise.
"A lot of people quit the yards" when construction all but ended, he said. "If they lost a lot of their smarter people, there's a difficulty in recreating what they had. Coming back 15 years later and trying to recreate it is kind of dubious."

Clark agreed.

"Their industrial base is weakened from two decades of not being used," he said. "You've got a significant reduction in the number of skilled engineers, the aging out of people who otherwise would be part of the Russian design base.

"While Russian engineering and technology development is top-notch, they don't necessarily have the people to be able to do all the legwork necessary to take an idea into a reality. That's why you see things like submarines taking 10 or more years to construct, because they just don't have the design and construction base to support high-rate production."

But are the new submarines cause for worry?

The Yasen attack subs "are probably what you could get in 1989, plus improved combat systems," Friedman said. "They got access to microprocessors and things like that. But they're not going to the insertion of new technology, because they're not that flexible. But I would guess the combat systems have improved substantially."

Clark sees no cause for alarm in the pace of Russian submarine construction.

"They don't have very many submarines today, and they certainly don't have very many frontline submarines that would be anywhere close to US submarines," he said. "The best submarines the Russians are producing are perhaps equivalent to some of the older US submarines currently in use. It would take a while for the Russians to build up enough of those to where they create a potential problem for the US.

"The main concern," Clark added, "is that even a small number of very good submarines can be problematic from an intelligence-gathering and surprise strike kind of perspective. But they're not able to cause a debilitating effect to a fleet."
E-mail ccavas@defensenews.com

Chinese Warships Enter the Black Sea = backing the Deadly Russian Subs!

2015-05-06T20:24:00.001-04:00

“The geopolitical significance of China exercising alongside Russia will not be lost on the U.S. and NATO”

(Zero Hedge)

12 hours ago | 1,280 16

June 15, 2010. Russian President Dmitry Medvedev (center) at the Sevmash shipyard, before the ceremonial launching of the Severodvinsk multi-purpose submarine. Source: Vladimir Rodionov / RIA Novosti
- http://rbth.com/defence/2014/06/17/russias_top-secret_nuclear_submarine_comes_into_service_37483.html)

This article originally appeared at Zero Hedge

On Friday we reported that for the first time in history, Chinese and Russian navies will begin a significant joint naval exercise in The Mediterranean Sea in mid-May.

Citied by RT, Chinese Defense Ministry spokesman Geng Yansheng said that “The aim is to deepen both countries’ friendly and practical cooperation, and increase our navies’ ability to jointly deal with maritime security threats,” but diplomatically added “these exercises are not aimed at any third party and have nothing to do with the regional situation.”

Against a background of this week’s “upgraded Japan-American military relationship” following Abe’s visit to Obama, as one analyst notes, “the geopolitical significance of its exercising alongside Russia will not be lost on the U.S. and NATO.”

While it was unclear if directly related to the upcoming “historic” drill, the Bosphorus Navy Blog reports that in what is a comparable “first” yesterday two warships from Peoples Republic of China were seen passing through the Bosphorus, and entering the Black Sea.

More:

Two Jiangkai II (type 054A) class frigates 550 Weifang and 547 Linyi from PLAN North Sea Fleet made a northbound passage through the Turkish Straits. The destination of these Chinese ships were not disclosed.

The frigates shown below, as they were seen crossing the naval barrier between Europe and Asia:

Chinese frigate 547 Linyi passing through Bosphorus | Photo: Nurderen Özbek

Chinese frigate 550 Weifang passing through Bosphorus | Photo: Yörük Işık

NATO promptly responded and hours ago AP reported that a top NATO commander said the alliance will briefly move its allied joint force command from Italy to Romania - which has a historic Black Sea port in the town of Constanta - as NATO continues to react to Russia’s moves in Ukraine.

Admiral Mark Ferguson, Commander of Allied Joint Force Command based in Naples, Italy, said the command will be based in Cincu, central Romania, for 12 days in June, to support a NATO exercise involving 1,000 troops from 21 NATO states.

Cincu is Romania’s largest military shooting range, some 180 kilometers (112 miles) northwest of Bucharest.

“This deployment will be the first time a NATO Joint Force Command Headquarters has deployed to Romania,” Ferguson said Tuesday.

At the same time, NATO will conduct exercises in Poland, the Baltics and the Baltic Sea.

As a reminder, in the summer of 2013 when the Syria war tensions saw a build of US, Russian and even Chinese ships in the Mediterranean ahead of what could be the first global Middle East war. The war was avoided in the last minute. This time the naval build up is taking place even closer to both Europe and Russia, and now even China is present.

CFR Says China Must Be Defeated, & TPP Is Essential to That!

2015-05-05T17:47:00.000-04:00

With the Rothschilds now with beacheads on every shore, there's nary a safe climate for individual liberty.
Rothschild Link Source Library (multi-lingual)
Wikipedia is consistently cleansed of Rothschild Zionist links to modern companies, people, events and concepts. NFU

Eric Zuesse

Wall Street’s Council on Foreign Relations has issued a major report, alleging that China must be defeated because it threatens to become a bigger power in the world than the U.S.

This report, which is titled “Revising U.S. Grand Strategy Toward China,” is introduced by Richard Haass, the CFR’s President, who affirms the report’s view that, “no relationship will matter more when it comes to defining the twenty-first century than the one between the United States and China.” He says that the report he is publishing argues that “strategic rivalry is highly likely if not inevitable between the existing major power of the day and the principal rising power.” Haass says that the authors “also argue that China has not evolved into the ‘responsible stakeholder’ that many in the United States hoped it would.” In other words: “cooperation” with China will probably need to become replaced by, as the report’s authors put it, “intense U.S.-China strategic competition.”

Haass gives this report his personal imprimatur by saying that it “deserves to become an important part of the debate about U.S. foreign policy and the pivotal U.S.-China relationship.” He acknowledges that some people won’t agree with the views it expresses.

The report itself then opens by saying: “Since its founding, the United States has consistently pursued a grand strategy focused on acquiring and maintaining preeminent power over various rivals, first on the North American continent, then in the Western hemisphere, and finally globally.” It praises “the American victory in the Cold War.” It then lavishes praise on America’s imperialistic dominance: “The Department of Defense during the George H.W. Bush administration presciently contended that its ‘strategy must now refocus on precluding the emergence of any potential future global competitor’—thereby consciously pursuing the strategy of primacy that the United States successfully employed to outlast the Soviet Union.”

The rest of the report is likewise concerned with the international dominance of America’s aristocracy or the people who control this country’s international corporations, rather than with the welfare of the public or as the U.S. Constitution described the objective of the American Government: “the general welfare.”

The Preamble, or sovereignty clause, in the Constitution, presented that goal in this broader context: “in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity.”

The Council on Foreign Relations, as a representative of Wall Street, is concerned only with the dominance of America’s aristocracy. Their new report, about “Revising U.S. Grand Strategy Toward China,” is like a declaration of war by America’s aristocracy, against China’s aristocracy. This report has no relationship to the U.S. Constitution, though it advises that the U.S. Government pursue this “Grand Strategy Toward China” irrespective of whether doing that would even be consistent with the U.S. Constitution’s Preamble.

The report repeats in many different contexts the basic theme, that China threatens “hegemonic” dominance in Asia. For example:

“China’s sustained economic success over the past thirty-odd years has enabled it to aggregate formidable power, making it the nation most capable of dominating the Asian continent and thus undermining the traditional U.S. geopolitical objective of ensuring that this arena remains free of hegemonic control.”

The report never allows the matter of America’s “hegemonic control” to be even raised. Thus, “hegemony” is presumed to be evil and to be something that the U.S. must block other nations from having, because there is a “traditional U.S. geopolitical objective of ensuring that this arena remains free of hegemonic control.” In other words: the U.S. isn’t being “hegemonic” by defeating aspiring hegemons. The report offers no term to refer to “hegemony” that’s being practiced by the U.S.

The report presents China as being supremacist, such as what (to quote again from the report) “historian Wang Gungwu has described as a ‘principle of superiority’ underwriting Beijing’s ‘long-hallowed tradition of treating foreign countries as all alike but unequal and inferior to China.’ Consistent with this principle, Henry Kissinger, describing the traditional sinocentric system, has correctly noted that China ‘considered itself, in a sense, the sole sovereign government of the world.’” America’s own ‘Manifest Destiny’ or right to regional (if not global) supremacy is not discussed, because supremacism is attributed only to the aristocracies in other countries, not to the aristocracy in this country.

Rather than the “general welfare,” this document emphasizes “U.S. Vital National Interests,” which are the interests of America’s aristocrats, the owners of America’s large international corporations.

This report urges:

“The United States should invest in defense capabilities and capacity specifically to defeat China’s emerging anti-access capabilities and permit successful U.S. power projection even against concerted opposition from Beijing. … Congress should remove sequestration caps and substantially increase the U.S. defense budget.”

In other words: the Government should spiral upward the U.S. debt even more vertically (which is good for Wall Street), and, in order to enable the increased ‘defense’ expenditures, only ‘defense’ expenditures should be freed from spending-caps. Forget the public, serve the owners of ‘defense’ firms and of the large international corporations who rely on the U.S. military to protect their property abroad.

The report says that China would have no reason to object to such policies: “There is no reason why a China that did not seek to overturn the balance of power in Asia should object to the policy prescriptions contained in this report.” Only a “hegemonic” China (such as the report incessantly alleges to exist, while the U.S. itself is not ‘hegemonic’) would object; and, therefore, the U.S. should ignore China’s objections, because they would be, by definition ‘hegemonic.’ Or, in other words: God is on our side, not on theirs.

“Washington simply cannot have it both ways—to accommodate Chinese concerns regarding U.S. power projection into Asia through ‘strategic reassurance’ and at the same time to promote and defend U.S. vital national interests in this vast region.”

The authors make clear that U.S. President Obama is not sufficiently hostile toward China: “All signs suggest that President Obama and his senior colleagues have a profoundly different and much more benign diagnosis of China’s strategic objectives in Asia than do we.”

Furthermore, the report ends by portraying Obama as weak on the anti-China front: “Many of these omissions in U.S. policy would seem to stem from an administration worried that such actions would offend Beijing and therefore damage the possibility of enduring strategic cooperation between the two nations, thus the dominating emphasis on cooperation. That self-defeating preoccupation by the United States based on a long-term goal of U.S.-China strategic partnership that cannot be accomplished in the foreseeable future should end.”

The report’s “Recommendations for U.S. Grand Strategy Toward China” urges Congress to “Deliver on the Trans-Pacific Partnership, … as a geoeconomic answer to growing Chinese economic power and geopolitical coercion in Asia,” but it fails to mention that the Obama Administration has already embodied the authors’ viewpoint and objectives in the TPP, which Obama created, and which cuts China out; it could hardly be a better exemplar of their agenda. The authors, in fact, state the exact opposite: that Obama’s objective in his TPP has instead been merely “as a shot in the arm of a dying Doha Round at the World Trade Organization (WTO).” They even ignore that Obama had cut China out of his proposed TPP.

Furthermore, here is what President Obama himself told graduating West Point cadets on 28 May 2014:

“Russia’s aggression toward former Soviet states unnerves capitals in Europe, while China’s economic rise and military reach worries its neighbors. From Brazil to India, rising middle classes compete with us, and governments seek a greater say in global forums.” He was saying that these future military leaders will be using guns and bombs to enforce America’s economic dominance. This is the same thing that the CFR report is saying.

His speech also asserted: “I believe in American exceptionalism with every fiber of my being. … The United States is and remains the one indispensable nation. That has been true for the century passed and it will be true for the century to come.” (That even resembles: “Henry Kissinger, describing the traditional sinocentric system, has correctly noted that China ‘considered itself, in a sense, the sole sovereign government of the world.’” Obama is, in a sense, saying that America is the “sole sovereign government in the world.”)

He made clear that China is “dispensable,” and that the U.S. must stay on top.

However, there is a difference between Obama and the CFR on one important thing: Obama sees Russia as the chief country over which the U.S. must dominate militarily, and China as the chief country to dominate economically. But in that regard, he is actually old-line Republican, just like his 2012 opponent Mitt Romney is.

The only difference from Romney on that is: Obama wasn’t so foolish as to acknowledge publicly a belief that he shared with Romney but already knew was an unpopular position to take in the general election.

Furthermore, whereas the CFR report ignores the public’s welfare, Obama does give lip-service to that as being a matter of concern (just as he gave lip-service to opposing Romney’s assertion that Russia is “our number one geopolitical foe”). After all, he is a ‘Democrat,’ and the authors of the CFR report write instead as if they were presenting a Republican Party campaign document. No ‘Democrat’ can be far-enough to the political right to satisfy Republican operatives. The pretense that they care about the public is therefore far less, because the Republican Party is far more open about its support of, by, and for, the super-rich. Mitt Romney wasn’t the only Republican who had contempt for the lower 47%. But even he tried to deny that he had meant it. In that sense, the CFR’s report is a Republican document, one which, quite simply, doesn’t offer the public the lip-service that Obama does (and which he politically must, in order to retain support even within his own party).

Perhaps on account of the CFR report’s condemning Obama for not being sufficiently right-wing — even though he is actually a conservative Republican on all but social issues (where China policy isn’t particularly relevant) — the report has received no mention in the mainstream press, ever since it was originally issued, back in March of this year. For whatever reason, America’s ‘news’ media ignored the report, notwithstanding its importance as an expression of old-style imperialistic thinking that comes from what many consider to be the prime foreign-affairs mouthpiece of America’s aristocracy — the CFR. The report’s first coverage was on 2 May 2015 at the World Socialist Web Site, which briefly paraphrased it but didn’t even link to it. Then, Stephen Lendman wrote about the CFR report. He briefly paraphrased it and passionately condemned it. He did link to the report. But he didn’t note the WSWS article, which had first informed the public of the CFR report’s existence — an existence which, until the WSWS article, all of America’s ‘press’ had simply ignored.

The present article is the first one to quote the CFR report, instead of merely to paraphrase and attack it. The quotations that were selected are ones presenting the report’s main points, so that readers here can see these points stated as they were written, rather than merely as I have interpreted them. My interpretation is in addition to, rather than a substitute for, what the report itself says.

———-

Investigative historian Eric Zuesse is the author, most recently, of They’re Not Even Close: The Democratic vs. Republican Economic Records, 1910-2010, and of CHRIST’S VENTRILOQUISTS: The Event that Created Christianity, and of Feudalism, Fascism, Libertarianism and Economics.

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The Bill & Hillary Slush Fund

2015-05-05T07:40:00.001-04:00

1271 Avenue of the Americas - 42nd Floor
New York, NY
10020

Phone :(212) 348-8882
Email :http://www.clintonfoundation.org/about/contact-us
URL :http://www.clintonfoundation.org/clinton-presidential-center/about/bill-hillary-chelsea-clinton-foundation

Assets: $277,805,820 (2013)
Grants Received: $144,382,361 (2013)
Grants Awarded: $8,865,052 (2013)

Originally based in Little Rock, Arkansas and known as the William J. Clinton Foundation, the Bill, Hillary & Chelsea Clinton Foundation was established by former U.S. President Bill Clinton in 2001 “to alleviate poverty, improve global health, strengthen economies, and protect the environment.”

persuade wealthy businesspeople to pledge money to Clinton Foundation programs. Former World Wildlife Fund president David Sandalow, who served as a senior environmental official in the Clinton administration, chairs the CGI Working Group. Claiming to be politically nonpartisan, the Foundation administers several major programs, of which the best-known is the Clinton Global Initiative (CGI).

The Clinton Global Initiative

Incorporated in 2005 as an independent nonprofit, CGI aims to

Protection Agency administrator Carl Browner; Pew Center on Global Climate Change president Eileen Claussen; Environmental Defense president Fred Krupp; and Sun Microsystems co-founder Vinod Khosla, an ethanol advocate who supported California’s failed Proposition 87, which would have imposed new taxes on that state’s oil producers. Other key CGI working groups are headed by senior fellows at the Center for American Progress who previously worked for the Clinton administration: Clinton economic advisor Gene Sperling chairs the CGI Education Working Group; Clinton National Security Council staffer Gayle Smith chairs the CGI Poverty-Alleviation Working Group; and Thomas Kalil, deputy director of Clinton's National Economic Council, chairs the CGI Global Health Working Group.

CGI hosts annual Clinton Global Summits where affluent business moguls, who pay $15,000 apiece to attend, pledge money to CGI programs. Among those who attended in 2007 were high-ranking officials of Wal-Mart, PepsiCo, Duke Energy, Starbucks, the Carnegie Corporation, and the NoVo Foundation. Also on hand were former Vice President Al Gore, The Working Group’s advisory board is composed of such luminaries as Natural Resources Defense Council president Frances Beinecke; President Clinton's former Environmental

Archbishop Desmond Tutu, Evangelical Environmental Network president Jim Ball, actors Brad Pitt and Angelina Jolie, British Prime Minister Tony Blair, Afghan president Hamid Karzai, and media giants Rupert Murdoch and Ted Turner. At this 2007 Summit, Bill Clinton advocated a form of Cap-and-Trade that would raise energy prices while purportedly reducing greenhouse-gas emissions. Some CGI activities, such as this greenhouse-gas initiative, are of a highly political nature.

Others, however, are not politicized – particularly those that focus their philanthropy on impoverished peoples in Africa.

At the 2009 Clinton Global Summit, attendees included Barack Obama, Jordan's Queen Rania Al Abdullah, Hillary Rodham Clinton, Al Gore, Wangari Maathai, and actors Brad Pitt and Matt Damon.

Additional Programs of the Clinton Foundation

Additional major initiatives of the Clinton Foundation include the following:

A) The Clinton Health Access Initiative (CHAI): Established in 2002 as the Clinton HIV/AIDS Initiative, this program is dedicated to “expanding access to care and treatment for HIV/AIDS, malaria and tuberculosis ... in developing countries.” In its earliest months, BHCCF brokered price cuts by generic drug producers of AIDS drugs, organizing a cooperative that enabled more than 70 poor nations to purchase those medicines at discounted rates. The driving force behind this initiative is Ira C. Magaziner, a longtime Bill Clinton ally who engineered Hillary Clinton’s failed attempt at a healthcare overhaul in the early 1990s.

B) Clinton Climate Initiative (CCI): Created in 2006 “to create and advance solutions to the core issues driving climate change,” CCI is founded on the premise that human industrial activity, by emitting greenhouse gases (GHG), causes global warming. To address this problem, CCI has created such projects as energy retrofits for homes and businesses, low-GHG-emitting outdoor lighting, and improved waste management for American cities. CCI also promotes clean-energy alternatives to fossil fuels, which it says “account for about 60 percent of greenhouse gas emissions globally.”
Moreover, CCI seeks to curtail “deforestation in tropical countries,” which it calls “a major contributor to climate change.”

C) Alliance for a Healthier Generation: Asserting that “in the past 20 years, childhood obesity rates have doubled and are now at epidemic rates,” this initiative supports a Healthy Schools Program that encourages schools to stock their vending machines with non-fattening foods; urges students to “bring in healthy snacks for school parties”; and exhorts parents to “work with your child’s school to organize 'healthy' fundraisers like walk-a-thons.”

D) Clinton Economic Opportunity Initiative (CEOI): This Initiative was established in 2002 “to reduce economic inequity and accelerate economic progress in the United States by helping individuals become more financially stable and businesses in underserved communities to grow.” CEOI's Entrepreneurship Program “promotes business-to-business public service, helping entrepreneurs reach higher levels of success”; the Financial Mainstream Program “helps people access lower-cost, safer financial services, and the support they need to develop and sustain good financial habits.”

E) Clinton Development Initiative (CDI): At the inaugural meeting of the Clinton Global Initiative in 2005, Scottish philanthropist Tom Hunter, the wealthiest man in Scotland, committed “to invest $100 million over ten years to encourage sustainable economic growth in the developing world” – principally Africa. Today, CDI “works to increase farmers’ access to fertilizer, seeds, irrigation, and other farming inputs, and to identify and develop new markets for agricultural outputs.”

An Apparent Quid Pro Quo Donation to the Clinton Foundation

In 2004, New York developer Robert Congel donated $100,000 to the Clinton Foundation. Soon thereafter, Senator Hillary Clinton reportedly helped Congel access millions of dollars in federal assistance for his mall project.
Collecting Donations to Fund the Clinton Presidential Library

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US Treasury Bonds,The Godfather Of All Bubbles

2015-05-04T15:02:00.000-04:00

Synopsis

Charles E Carlson

The 30-plus-year-old bull market in US bonds, notes and bills may well be the most destructive man-made “Bubble” in all of recorded history. It will sooner or later implode because it is unsound to the core. A puncturing of the bubble may start when any of several huge holders sells. Its implosion will trigger the sale of other overpriced corporate, municipal and foreign bonds, and the dollar itself may well be replaced as the world reserve currency. The US bond bubble is the Godfather because it is so large that no other investment market can absorb the mass exodus which will come from it. It is logical that those who have worked so deliberately to create this debt bubble will fight even harder to prevent its collapse. When it implodes, it will probably bring down lesser bubbles and excesses, including the function of the dollar as a world exchange currency.

A true “Bubble” must result from a successful, planned deception

The handling of US Treasury bonds, notes and bills, (“US debt” hereafter) has all the elements that make it a once-in-a-lifetime bubble. It is much more than an overvalued investment or an idea that has become an exaggerated fad, like the “Dot Com Bubble”. We have seen many of these come and go and we have survived each one. A bubble must have the element of planned deception in order to reach proportions monstrous enough to draw in the money of a large body of public to it. US debt floats on the unreasonable assumption of inflated value. It deliberately and falsely promotes itself in the face of reality. Charles Mackey, a Scottish journalist, first published Extraordinary Popular Delusions and the Madness of Crowds (1) in 1841, a study of ancient bubbles. HIs most famous quote is, “Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one.” The slow regaining of senses is why the bubble takes so long to burst, far beyond what seems reasonable.

The eventual loss suffered by Bernie Madoff’s investors was at least $18 billion.

“Bubbles” are always recognized by some (one by one) before they finally pop. This was the case with the scheme of Bernard Madoff, now in prison for life. Madoff started his famous Ponzi scheme, once called Ascot Partners, which, like the US debt bubble, lasted over 30 years. Several discovered it much earlier and tried to expose Madoff, but no one would listen because of the deep deception Madoff had surrounded himself with. Madoff even held volunteer positions in regulatory agencies that should have policed him but did not. He was also designing computer programs to backdate imaginary trades in order to achieve desired results for his customers’ accounts. He made imaginary investments in real securities, but only on paper, and instead deposited the clients’ funds in his own discretionary account at Chase Bank. [Mechanics of the Madoff Bubble – (2)]

Madoff’s reported results exceeded all investment expectations, but investors were too satisfied to worry about it being too good to be true. Hedge funds, pension plans and mutual funds all invested with Madoff. His deception was simple: his fund always moved higher and never had a bad year! This was a sure sign something was wrong, and one by one a few tried to expose him.

The eventual loss suffered by Madoff’s investors was at least $18 billion, although those who got out early reaped gains at the expense of those who stayed in to the end! Madoff admitted during his March 2009 guilty plea that the essence of his scheme was to deposit client money into a Chase account, rather than invest it. When clients wanted their money, “I used the money in the Chase Manhattan bank account that belonged to them or other clients to pay the requested funds,” he told the court.

A True Bubble requires mass public participation

On April 19, 2015, Bloomberg News reported that public investors, seeking safety, “may sink $350 billion into debt funds globally this year, adding to the $3 trillion they’ve already poured into bonds since 2008.” (3-A) This influx is mostly through banks, mutual finds and managed IRAs. Per a 2015 article, “In U.S.debt auctions this year, bond mutual funds have bought a record 43 percent of newly issued Treasuries, allotment data compiled by Bloomberg show.” (3-A)

A bubble-creating deception may be an illegal one, like Madoff’s, or it may be a legitimized deception, such as the Federal Reserve System (FED), enacted by Congress 102 years ago.

The measure of a bubble is not legality, but successful deception.

The modern mutual fund business has learned how to prosper on US debt investments, considered in a previous era to be a dull and prosaic investment. Mutual funds have added excitement to it by an implied promise of perpetual capital gains on top of meager income. No word of capital loss potential is every mentioned. We will detail one such example by fund manager, J P Morgan Chase Bank in this paper.

Bloomberg News further points out (3-A), “There are plenty of reasons to be bearish on U.S. government bonds. They pay almost nothing, the Federal Reserve wants to raise interest rates and money managers are largely convinced they’re [bonds] too expensive …[A] record 84 percent of professional investors in a Bank of America Corp. survey released this month said bonds were overvalued.” (3-B)

This writer agrees. Treasury bonds are near the end of a 30 plus year bull market, a “Bubble” based on an unrealistic and manipulated assumption that US Treasury bonds do or can be made to always sell higher and higher in the market place, translating into ever lower interest payments. The Treasury keeps its hands clean by looking to the FED to manage the deception that keeps a line of willing lenders ready to loan money to the Treasury at higher and higher prices, (lower interest rates).

Three Deceptions that fire the US Debt Bubble

The Federal Reserve Bank of NY has its own style of deception, which varies slightly from Madoff’s and is about 1000 times larger. It is the super-bank franchise dealer for US debt and claims to be the largest single holder of US debt. But, unlike other buyers, the FED is allowed to purchase without investing capital, which explains why it is the biggest lender. The US debt bubble has been produced by three contrived deceptions.

First, dollars are electronically printed on the books of the FED whenever the Treasury sells US debt directly to the Federal Reserve Bank for its own account. The Treasury then spends these dollars by writing checks on its bank account at the FED. The deception is that the FED does not put up anything of value to acquire this new US debt, rather it uses electronically created dollars that recently have been conceded to be, and are referred to as “printed” dollars. Thus the illusion is created whenever needed, that demand is outstripping supply, and that there is a constant shortage of US bonds and notes. Chase Manhattan Bank and Morgan Guarantee Bank were original major stockholders of the privately owned Federal Reserve Bank (4), before they merged into the present J P Morgan Chase Bank. Its money management division helps keep the US debt market creeping upward, as will be discussed later.

Second, after issuance, the market price for the newly issued US debt is manipulated, always upwardly, by the Open Market Committee of the FED. It accomplishes this by making additional purchases in the open market, again with electronically printed dollars. The impact of all this new money on the US debt market produces smooth, little-controlled rises in the US debt’s market value year after year. Because the interest rate paid on US debt and each instrument’s market price are inversely related, Treasury bond interest is currently at a record low, meaning the market price of the debt is at a near all-time record high. This happens in spite of the clear fact that new debt is constantly being sold into the market, which should make the market go down, not up. As with Bernie Madoff’s hedge fund, the illusion is created that the market for US debt can go only one way: UP. Gradually this bubble becomes accepted as reality! The madness of Charles Mackey’s crowd is achieved. During the course of this manipulation, according to its own report, the FED has accumulated $2.4 trillion in US debt, for which it paid nothing at all.

Third, value in US debt comes from “professional” managers of other people’s money (OPMM), who sell the specious notion that the open market value of US debt always rises enough to make up for the minuscule interest rate bonds and notes pay to the investor. OPMM keep on buying and trading US debt and are the largest holders by far! We must examine how this is accomplished in a real world of declining purchasing power for these bonds. We will use as our example, the J P Morgan Chase Bank, whose two predecessor banks were original owners of the FED (4), and probably still are. [Because the FED is unaudited, its present ownership is unknown to this author.]

As in the Madoff Ponzi bubble, manipulating parties, including the self-serving Congress, have contrived an UP, UP, and ever higher market for US debt that is hanging the least suspecting citizens out to dry. Consider that the Social Security Trust Fund is invested almost entirely in US debt and that, with similar US agency funds, such as the military pension plan, they hold about 1/3 of all federal debt issued. What would happen to Social Security checks and health care payments if, say, 25% of their assets evaporated in just a few months?

The military-banking complex continues to provide the need for vast sales of US debt with its serial wars in the Middle East, which started in 1991. US debt expansion also destroys the underpinnings of the US Dollar as the world reserve currency because there is no limit as to how much dollar currency there will be in circulation. This practice of making war, then printing or borrowing the money to pay for it, is surprisingly similar to the British course of action that broke the back of its economy by 1914 and which forced it off the gold standard for good, and in 1931, the world turned away from the Pound Sterling as a world reserve currency and opted instead for the Dollar.

The British Empire destroyed itself by borrowing for foreign wars it never lost

England set the standard for brutality in war in the 1895-1910 era when it invaded and destroyed two far away and very different lands. They moved into Sudan in 1898, followed closely by their invasion of South Africa in 1902. Both campaigns were covered by youthful reporter/adventurer Winston Churchill.

The war to conquer Sudan was unpopular in England, but the British War Department overcame public objections by fashioning a publicity campaign for revenge on Mahdi Muhammad Ahman because a year earlier he had led an independence movement that captured the garrison at Khartoum and killed a popular British war hero, Charles Gordon. The war faction in Britain managed to sub-humanize the black Muslim Sudanese.

English gentlemen have long been conditioned to accept the necessity for killing “wogs” going beck to Rudyard Kipling’s India.

In the slaughter at Khartoum, it was British modern military supremacy against a primitively armed Sudanese independence movement. Propaganda-wise, the Sudanese had two ethnic strikes against them: they were both black and Muslim. The British Empire’s bloody success at Omdurman was recorded in a classic book by British author Alan Moorhead, The Blue Nile (1962).

England’s next war adventure was the invasion of South Africa in 1902, which in England turned out to be a very unpopular and expensive war. The Boer War was fought for control of South African gold mines. It became the straw that broke the Empire.

The Boers were white Europeans, and their casualties included some 40,000 Dutch wives and children of the Boer farmer-soldiers. Under command of Herbert Kitchener first Earl, the wives and kids were gathered into British concentration camps and starved to death, to force the Boer farmers to yield to a treaty. It worked. Back home The British heard about this and could not stomach the facts. The detailed and painful account of this last British war for assets is told by Englishman Thomas Pakengham, in his classic, The Boer War (1979).

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BUT, can the Govt Really Steal our personal savings fom our bank, 401K, homes, safe deposit boxes - See Executive Order 6102

2015-05-03T22:47:00.000-04:00

From Wikipedia, the free encyclopedia

Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the Hoarding of gold coin, gold bullion, and gold certificates within the continental United States". The order criminalized the possession of monetary gold by any individual, partnership, association or corporation.

Rationale

The stated reason for the order was that hard times had caused "hoarding" of gold, stalling economic growth and making the depression worse.^[1] The New York Times, on April 6, 1933, p. 16, wrote under the headline "Hoarding of Gold", "The Executive Order issued by the President yesterday amplifies and particularizes his earlier warnings against hoarding. On March 6, taking advantage of a wartime statute that had not been repealed, he issued Presidential Proclamation 2039 that forbade the hoarding 'of gold or silver coin or bullion or currency,' under penalty of $10,000 and/or up to five to ten years imprisonment."^[2]

The main rationale behind the order was actually to remove the constraint on the Federal Reserve which prevented it from increasing the money supply during the depression; the Federal Reserve Act required 40% gold backing of Federal Reserve Notes issued. By the late 1920s, the Federal Reserve had almost hit the limit of allowable credit (in the form of Federal Reserve demand notes) that could be backed by the gold in its possession (see Great Depression). If gold can’t be legally owned, then it can’t be legally redeemed. If it can’t be legally redeemed, then it can’t constrain the central bank.^[3]

Effect of the order

Executive Order 6102 required all persons to deliver on or before May 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve, in exchange for $20.67 (equivalent to $376.58 today^[4]) per troy ounce. Under the Trading With the Enemy Act of 1917, as amended by the recently passed Emergency Banking Act of March 9, 1933, violation of the order was punishable by fine up to $10,000 (equivalent to $182,185 today^[4]) or up to ten years in prison, or both.

Order 6102 specifically exempted "customary use in industry, profession or art"—a provision that covered artists, jewellers, dentists, and sign makers among others. The order further permitted any person to own up to $100 in gold coins (a face value equivalent to 5 troy ounces (160 g) of gold valued at about $6,655 in 2014).
The same paragraph also exempted "gold coins having recognized special value to collectors of rare and unusual coins." This protected recognized gold coin collections from legal seizure and likely melting.

The price of gold from the Treasury for international transactions was thereafter raised to $35 an ounce ($587 in 2010 dollars). The resulting profit that the government realized funded the Exchange Stabilization Fund established by the Gold Reserve Act in 1934.
The regulations prescribed within Executive Order 6102 were modified by Executive Order 6111 of April 20, 1933, both of which were ultimately revoked and superseded by Executive Orders 6260 and 6261 of August 28 and 29, 1933, respectively.^[5]
Executive Order 6102 also led to the ultra-rarity of the 1933 Double Eagle gold coin. The order caused all gold coin production to cease and all 1933 minted coins to be destroyed. About 20 illegal coins were stolen, leading to a standing United States Secret Service warrant for arrest and confiscation of the coin. A legalized coin sold for over 7.5 million dollars, making it one^[6] of the most valuable coins in the world.^[7]

Prosecutions related to Executive Order 6102

Numerous individuals and companies were prosecuted related to President Roosevelt's Executive Order 6102. The prosecutions took place under subsequent Executive Orders 6111,^[8] 6260,^[9] 6261^[10] and the Gold Reserve Act of 1934.
There was a need to strengthen Executive Order 6102, as the one prosecution under the order was ruled invalid by federal judge John M. Woolsey, on the grounds that the order was signed by the President, not the Secretary of the Treasury as required.^[11]
The circumstances of the case were that a New York attorney, Frederick Barber Campbell, had on deposit at Chase National over 5,000 troy ounces (160 kg) of gold. When Campbell attempted to withdraw the gold Chase refused and Campbell sued Chase. A federal prosecutor then indicted Campbell on the following day (September 27, 1933) for failing to surrender his gold.^[12]

Ultimately, the prosecution of Campbell failed, but the authority of the federal government to seize gold was upheld, and Campbell's gold was confiscated.
The case was cause for the Roosevelt administration to issue a new order under the signature of the Secretary of the Treasury, Henry Morgenthau, Jr., which was in force for a few months until the passage of the Gold Reserve Act on January 30, 1934.
President Roosevelt issued new Executive Orders 6260, 6261 related to the seizure of gold and the prosecution of gold hoarders: also the Congress passed the Gold Reserve Act of 1934.

Prosecutions of U.S. citizens and non citizens followed the new orders.

Gus Farber, a diamond and jewelry merchant from San Francisco, was prosecuted for the sale of thirteen $20 gold coins without a license. Secret Service agents discovered the sale with the help of the buyer. Farber, his father, and 12 others were also arrested in four American cities after a sting conducted by the United States Secret Service. The arrests took place simultaneously in New York and three California cities, San Francisco, San Jose, and Oakland.

Morris Anolik was arrested in New York with $5000 in U.S. and foreign gold coins. Dan Levin and Edward Friedman of San Jose were arrested with $15,000 in gold. Sam Nankin was arrested in Oakland. In San Francisco, nine men were arrested on charges of hoarding gold. In all, $24,000 in gold was seized by Secret Service Agents.^[13]
David Baraban and his son Jacob Baraban owned a refining company. The Barabans' license to deal in unmelted scrap gold was revoked, so the Barabans operated their refining business under a license issued to a Minnie Sarch. The Barabans admitted that Minnie Sarch had nothing to do with the business, and that she had obtained the license so that the Barabans could continue to deal in gold. The Barabans had a cigar box full of gold-filled scrap jewelry visible in one of the showcases. Government agents raided the Barabans' business and found another hidden box of U.S. and foreign gold coins. The coins were seized and Baraban was charged with conspiracy to defraud the United States.^[14]
In 1934, Congress passed the Gold Reserve Act of 1934 which ratified President Roosevelt's orders. A new set of Treasury regulations was issued providing civil penalties of confiscation of all gold and imposition of fines equal to double the value of the gold seized. Louis Ruffino was one individual who was indicted on three counts purporting to charge violations of the Trading With The Enemy Act. Eventually, Ruffino appealed^[15] the conviction to the Circuit Court of Appeals 9th District in 1940; however, the judgment of the lower courts was upheld based on the President’s executive orders and the Gold Reserve Act of 1934. Ruffino, a resident of Sutter Creek in California-gold country, was convicted of possessing 78 ounces of gold and was sentenced to 6 months in jail, paid a $500 fine, and had his gold seized.^[16]
Foreigners also had gold confiscated, and were forced to accept paper money for their gold. The Uebersee Finanz-Korporation, a Swiss banking company, had $1,250,000 in gold coins for business use. The Uebersee Finanz-Korporation entrusted the gold to an American firm for safekeeping. The Swiss were shocked to find that their gold was confiscated. The Swiss made appeals, but those appeals were denied. The Swiss were entitled to paper money – but not their gold. Of course, after the gold was seized, there was a 1934 overnight increase of the price of gold from $20.67 per ounce to $35 per ounce. The Swiss company lost 40% of their gold's value if they tried to buy the same amount of gold with the paper money they received in exchange for their confiscated gold.^[17]
Another type of de facto gold seizure occurred as a result of the various Executive Orders and it involved bonds, gold certificates and private contracts. Private contracts or bonds which were written in terms of gold were to be paid in paper currency instead of gold. This was in spite of the fact that these contracts and bonds all proclaimed that they were payable in gold, and at least one, the fourth Liberty Bond, was a federal instrument. The plaintiffs in all cases received paper money instead of (the contract terms') gold.

The contracts and bonds were written precisely to avoid currency debasement by requiring payment in gold coin. The paper money which was redeemable in gold was instead irredeemable based on Nortz v. United States, 294 U.S. 317 (1935). The consolidated Gold Clause Cases were:

Perry v. United States, 294 U.S. 330 (1935)
U.S. v Bankers Trust Co. 1935^[18]
Norman v. Baltimore & Ohio R. Co., 294 U.S. 240 (1935)
Nortz v. United States, 294 U.S. 317 (1935)

The Supreme Court upheld all seizures as constitutional with Justices McReynolds, Van Devanter, Sutherland, and Butler dissenting.^[19]

Abrogation and subsequent events

The Gold Reserve Act of 1934 made gold clauses unenforceable, and changed the value of gold from $20.67 to $35 per ounce, thereby devaluing the US dollar, since the dollar was gold-based. This price remained in effect until August 15, 1971, when President Richard Nixon announced that the United States would no longer convert dollars to gold at a fixed value, thus abandoning the gold standard for foreign exchange (see Nixon Shock).
The private ownership of gold certificates was legalized in 1964. They can be openly owned by collectors but are not redeemable in gold. The limitation on gold ownership in the U.S. was repealed after President Gerald Ford signed a bill to "permit United States citizens to purchase, hold, sell, or otherwise deal with gold in the United States or abroad" with an act of Congress codified in Pub.L. 93–373,^[20]^[21]^[22] which went into effect December 31, 1974. P.L. 93-373 did not repeal the Gold Repeal Joint Resolution,^[23]^[24] which made unlawful any contracts that specified payment in a fixed amount of money as gold or a fixed amount of gold. That is, contracts remained unenforceable if they used gold monetarily rather than as a commodity of trade. However, Act of Oct. 28, 1977, Pub. L. No. 95-147, § 4(c), 91 Stat. 1227, 1229 (originally codified at 31 U.S.C. § 463 note, recodified as amended at 31 U.S.C. § 5118(d)(2)) amended the 1933 Joint Resolution and made it clear that parties could again include so-called gold clauses in contracts formed after 1977.^[25]

Hoax of safe deposit box seizures

According to a hoax, Roosevelt ordered all the safe deposit boxes in the country seized and searched for gold by an I.R.S. official. A typical example reads:

By Executive Order Of The President of The United States, March 9, 1933.

By virtue of the authority vested in me by Section 5 (b) of the Act of October 6, 1917, as amended by Section 2 of the Act of March 9, 1933, in which Congress declared that a serious emergency exists, I as President, do declare that the national emergency still exists; that the continued private hoarding of gold and silver by subjects of the United States poses a grave threat to the peace, equal justice, and well-being of the United States; and that appropriate measures must be taken immediately to protect the interests of our people.

Therefore ... I hereby proclaim that such gold and silver holdings are prohibited, and that all such coin, bullion or other possessions of gold and silver be tendered within fourteen days to agents of the Government ... for compensation at the official price, in the legal tender of the Government.

All safe deposit boxes in banks or financial institutions have been sealed ... All sales or purchases or movements of such gold and silver ... are hereby prohibited.

Your possession ... and/or safe deposit box to store them is known by the government from bank and insurance records. Therefore ... your vault box must remain sealed, and may only be opened in the presence of an agent of the Internal Revenue Service.
By lawful order ..., the President of the United States.

The first known reference to this hoax was in the book After the Crash - Life In the New Great Depression.^[26] That text refers only to gold, not to silver, which was added by 1998 to Internet references. It claims to be an Executive Order, yet whoever wrote the text wrote it to apply to specific individuals (e.g. "Your possession"), so if the text did originate from the government, it would have been sent to individuals, not published as an Executive Order. The first paragraph starts with the actual text of Executive Order 6102, then edits it slightly (e.g. changing "said national emergency" to "a national emergency" and "still continues to exist" to "still exists"), and then adds apparently made-up text. Due to the minor edits and how the real text and fake text are combined mid-sentence, it is almost certainly an intentionally designed hoax rather than an accident.
Most of this text does not appear in the actual Executive Order.^[27] In fact, safe deposit boxes held by individuals were not forcibly searched or seized under the order and the few prosecutions that occurred in the 1930s for gold "hoarding" were executed under different statutes. One of the few such cases occurred in 1936, when a safe deposit box containing over 10,000 troy ounces (310 kg) of gold belonging to Zelik Josefowitz, who was not a U.S. citizen, was seized with a search warrant as part of a tax evasion prosecution.^[28]
The U.S. Treasury came into possession of a large number of safe deposit boxes due to bank failures. During the 1930s, over 3,000 banks failed and the contents of their safe deposit boxes were remanded to the custody of the Treasury. If no one claimed the box, it remained in the possession of the Treasury. In October 1981, there were 1,605 cardboard cartons in the basement of the Treasury, each carton containing the contents of one unclaimed safe deposit box.^[29]

Similar laws in other countries

In Australia, part IV of the Banking Act 1959 allows the Commonwealth government to seize private citizens' gold in return for paper money where the Governor-General "is satisfied that it is expedient so to do, for the protection of the currency or of the public credit of the Commonwealth."^[30] On January 30, 1976, this part's operation was "suspended".^[31]

References

Christian Science Monitor. April 5, 1933. Missing or empty |title= (help)

"Hoarding of Gold". The New York Times. April 6, 1933. p. 16.

"How Money and Banking Work On a Gold Standard". Philosophical Economics. 28 July 2014. Retrieved 4 August 2014.

Consumer Price Index (estimate) 1800–2014. Federal Reserve Bank of Minneapolis. Retrieved February 27, 2014.

Roosevelt, Franklin D. (1938). Public Papers and Addresses of Franklin D. Roosevelt, Volume II, The Year of Crisis, 1933. New York: Random House. p. 352. OCLC 690922370.

"The 10 most expensive coins and banknotes in the world". http://mentalfloss.com. Retrieved 4 March 2014.

"Rare silver dollar coin sets world record auction price". http://abcnews.go.com. ABC News. Retrieved 4 March 2014.

"Executive Order 6111 - Wikisource, the free online library". En.wikisource.org. Retrieved 2013-12-30.

"Executive Order 6260 - Wikisource, the free online library". En.wikisource.org. Retrieved 2013-12-30.

"Executive Order 6261 - Wikisource, the free online library". En.wikisource.org. Retrieved 2013-12-30.

"Sequels". Time. November 27, 1933.

"Gold Indictment No. 1". Time. October 9, 1933.

"Bootleg Gold Ring Smashed in California: 13 Men Are Accused Of Violating Federal Restrictions". The Evening Independent. April 13, 1939.

"FindACase™ | United States v. Scrap". Ny.findacase.com. Retrieved 2013-12-30.

https://law.resource.org/pub/us/case/ca9/pdf/govuscourtsca9briefs2201.pdf

"Ruffino V. United States". Leagle.com. Retrieved 2013-12-30.

"Uebersee Finanz-Korporation, Etc. V. Rosen". Leagle.com. Retrieved 2013-12-30.

"FindLaw | Cases and Codes". Caselaw.lp.findlaw.com. Retrieved 2013-12-30.

"Perry v. United States - 294 U.S. 330 (1935) :: Justia US Supreme Court Center". Supreme.justia.com. Retrieved 2013-12-30.

Public Law 93-373 (PDF), Government Printing Office, August 14, 1974

United State Congress (August 14, 1974). "An Act to provide for increased participation by the United States in the International Development Association and to permit United States citizens to purchase, hold, sell, or otherwise deal with gold in the United States or abroad". Pub.L. 93–373.

"Statements of Policy: Gold". FDIC Law, Regulations, Related Acts. Federal Deposit Insurance Corporation.

United States Congress (June 5, 1933). "Gold Repeal Joint Resolution". 48 Stat. 112, Chapter 48, H.J.Res. 192.

Norman v. Baltimore & Ohio Railroad Co., 294 U.S. 240 (1935).

216 Jamaica Avenue, LLC v. S & R Playhouse Realty Co., 540 F.3d 433 (United States Court of Appeals, Sixth Circuit 2008).

(After the Crash - Life In the New Great Depression, Michael Haga, Acclaim Publishing Co., 1996, pp193-194)

Roosevelt, Franklin D. (April 5, 1933). "Executive Order 6102: Requiring Gold Coin, Gold Bullion and Gold Certificates to Be Delivered to the Government".

"Josefowitz Gold". Time. March 2, 1936.

Apcar, Leonard M. (October 15, 1981). "Treasury's Vaults Disgorge Treasures from the Depression: Memorabilia, Valuables Taken When Banks Were Closed May Be Opened For Claims". Wall Street Journal.

Parliament of Australia (1959). "Banking Act 1959". Commonwealth Consolidated Acts. Commonwealth of Australia.

Suchecki, Bron (August 4, 2008). "A History of Gold Controls in Australia". Gold Chat. Self-published.

External links

Wikisource has original text related to this article:

Executive Order 6102

Text of Executive Order 6102 from The American Presidency Project.
1933 Audio of FDR's Banking Crisis Fireside Chat

[show] v t e Franklin D. Roosevelt

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Charleston Voice

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BUT, can the Govt Really Steal our personal savings fom our bank, 401K, homes, safe deposit boxes - See Executive Order 6102

Contents

Rationale

Effect of the order

Prosecutions related to Executive Order 6102

Abrogation and subsequent events

Hoax of safe deposit box seizures

Similar laws in other countries

See also

References

External links

Charleston Voice

All B-Cruz: married into the TPP/NAU establishment

https://www.blogger.com/blogger.g?blogID=4381769159320878016#editor/target=post;postID=5045100451560535456

Thursday, May 7, 2015

All B-Cruz: married into the TPP/NAU establishment

All B-Cruz: married into the TPP/NAU establishment

Cancer and other Cures Frustrated by Rockefellers and the FDA *vid*

US CORPORATE DESTROYERS URGING NEXT FASCIST FAST TRACK ATTACK 0N AMERICA

Wall Street Titans Who Crashed Global Economy in 2008 Go Big for TPP

[CV ... Rand Paul Supports the Trans-Pacific Partnership (TPP) Trade Deal. Read more

DEATH STALKS US SAILORS JUST BENEATH THEIR UNWARY CREWS

Despite Numbers, Experts Question Combat Effectiveness

Chinese Warships Enter the Black Sea = backing the Deadly Russian Subs!

CFR Says China Must Be Defeated, & TPP Is Essential to That!

The Bill & Hillary Slush Fund

US Treasury Bonds,The Godfather Of All Bubbles

BUT, can the Govt Really Steal our personal savings fom our bank, 401K, homes, safe deposit boxes - See Executive Order 6102

Contents

Rationale

Effect of the order

Prosecutions related to Executive Order 6102

Abrogation and subsequent events

Hoax of safe deposit box seizures

Similar laws in other countries

See also

References

External links

Cancer and other Cures Frustrated by Rockefellers and the FDA vid