The Global system of Networked central banks with the 1694 Bank of England in the city of London is 314 years old. The first compounding interest commercial bank as you see them in operation today appeared in Spain 1400...
They are key to the Banking system...The First Central Bank as you see them today appeared in Venice 1172 but they are dependant upon the compounding interest commercial banking monetary system to sustain the domestic monetary system...
May 14, 1607, the Virginia Company explorers landed on Jamestown Island, to establish the Virginia English colony and from that point to the year 2000 the money supply of the USA went from zero to 25 Trillion dollars.
The first banknote issuing compounding interest commercial bank showed up in 1681 in what was to become the Massachusetts colony in 1692 and is now the Commonwealth of Massachusetts or as it's generally known the State of Massachusetts in the USA.
The USA has been a part of the 314 year old City of London Global economic system during its entire existence.
The Venice Global merchant banker system imploded in 1345 [and was followed by the conveniently timed 'Black Death' that wiped out most of Europe]...The system that existed prior to the current one that is 314 years old and about to implode.
The required amount of inflation to prevent but in reality postpone the inevitable implosion of the compounding interest commercial banking monetary system for as long as possible is...
Not too much and not too little but always greater than previous. The FED is an inflation fighter. Too much inflation and the system inflates to maximum potential rapidly and implodes...Too Little inflation causes the system to stop inflating which is maximum potential and it implodes...
Greater than previous is the problem.
Once the required amount of inflation to prevent but in reality postpone the inevitable implosion of the compounding interest commercial banking monetary system is infinite...It implodes.
The only way to satisfy the greater than previous inflation requirement is with Greater than infinite inflation. There is no such thing as greater than infinite inflation.
At maximum potential inflation the system implodes.
Currently consumers are requesting 11 Billion dollars a day or 1 Trillion every 90 days to be manufactured by the compounding interest commercial banks.
Another translation of Banker talk.
"If all the bank loans [Manufactured money] were paid up, no one would have a bank deposit, and there would not be a dollar of currency or coin [not exactly] in circulation. This is a staggering thought. We are completely dependent, on the [compounding interest] Commercial Banks. Someone has to borrow [Request the manufacture of] every dollar, we have in circulation, cash or credit. If the Banks create [At the request of the consumer] ample synthetic [All money is fiat] money, we are prosperous; if not, we starve. We are, absolutely, without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity, of our hopeless position, is almost incredible, but there it is. It is the most, important subject, intelligent persons can investigate and reflect upon. It is so important that our present civilization may [Not may...Inevitably will] collapse [Implode], unless it becomes widely understood, and the defects remedied very soon." [the remedy will cause the premature implosion]
--ROBERT H. HEMPHILL (Credit Manager of Federal Reserve Bank, Atlanta, Georgia 1938)
The next acceleration is 5 Trillion in 6 months. Then 3 months then 45 days then 23 days then 12 days then 6 days then 3 days then 36 hours then 18 hours then 9 hours then 4 hours then 2 hours then 1 hour then 30 minutes then 15 minutes...etc.
How about 1 Quadrillion (1000 Trillion) every Nanosecond (Billionth of a second)
Or the USA along with the global system (Civilization) implodes to oblivion.
When one gets a complete grasp of the picture, the tragic absurdity, of our hopeless position, is almost incredible, but there it is.
And ever since the 2002 telling of the magic printing press lie by Ben Bernanke I've had to put up with idiots.
Don't worry children...The deflationary dragon is not going to get you...we have a magic weapon that can slay the dragon for all eternity.
And all the scared children fell for it. It's the biggest lie that has ever come out of the FED in the history of the FED. But the most accepted lie...
Inflation comes before deflation.
Oil supports the dollar...so $100 oil causes the demand for dollars to spike.
But at that price the shock leaves lower economic zones starved and buckles the top economic zones.
Inflation needs to be sustained...as soon as the price spike shock runs out of momentum inflation collapses into deflation.
War is cover for the implosion and the beginning of the liquidation process. The fall generally occurs in September October. The fall...when everyone notices that summer does not last forever. It's a psychological shock point that can be capitalized on.
You were f***ed decades ago...American ingenuity...(ignorance) got you this far and now you are beginning to become unable to sustain American ingenuity (ignorance) any longer.
You all thought life was a game...and game over is almost here.
Bush is not going to pay...All the contempt for humanity you all have been exporting for decades is coming home to roost...Full force.
You all have no Idea what is about to hit you all.
I tremble for my country when I reflect that God is just; that his justice cannot sleep forever.
--Thomas Jefferson
And the real knee slapper is that you all think you are the victims.
You all are in for a rude awakening from the daydream into the nightmare.
First posted by me Mar 21, 2003...
"Condition for Victory in Iraq… What has to happen…
The Iraqi army has to turn on Saddam arrest him and hand him over to the American forces…
Then pledge allegiance to the US and repress the Iraqi people and other various factions into submission and disarm them of their small arms, smuggled heavy arms and improvised munitions…
Then US troops can enter Baghdad and oversee the imposition of democracy… and a new Iraqi Constitution written by the US that states that you will have complete freedom except you mention oil then you are in big trouble…
And if this scenario goes off like clockwork 500 thousand to 1 million people at most would die in the aftermath…
All this has to start to take place in the next few days…
How will the US suffer defeat?
(real)Shock and Awe, news blackout, and then urban combat in a rubble pile…
And if this scenario goes off like clockwork 6-7 million people at most would die in the aftermath and Baghdad would be an unrepairable nuclear waste dump…
So far we are headed for a tactical defeat...
------------------------------------------------
“Asked whether he favored any policy changes in Iraq (Due to resistance), Sen. Trent Lott (R-Miss.) responded Oct, 2003:
“Honestly, it’s a little tougher than I thought it was going to be,”... “If we have to, we just mow the whole place down"
Yup, just kill them all and let GOD sort them out.
I have a functional ability to think. You all have a functional ability to react to stimulus like Pavlovs dogs. That is the difference between me and you all.
It's why the USA is swirling the bowl. Screaming We have not yet begun to fight.
It's a pathetic Gong show...Total barf bag material.
Fight?
I don't have to do anything except watch the whole mess swirl the bowl.
In the end you will be blaming everyone and everything else except the person in the mirror."
The plan going in was doomed from square one. It just looked like a looting and pillage operation to me. That's all it was.
The talk of Liberation and democracy...etc?
Absurd.
Only Downs Syndrome sufferers could have thought the invasion of Iraq was somehow the product of benevolence.
It has nothing to do with controlled media really...They accurately reported the obvious lies that the authorities were telling the population...
Go turn on the TV right now and get some more.
It's all due to the ignorance of the general population of the USA. You all don't have a clue what is right, wrong, truth, or lies. Whatever causes you to feel good is good and whatever causes you to feel bad is bad.
The USA is going down in flames that were, I'm sorry to say, self-inflicted. You all voted to commit mass suicide.
None of you know how the system operates so it's impossible to take over ultimately.
Those that do know let the bottom flip out and exhaust themselves trying to obtain what they never will or attempt to get back what they never had...
Once that futile struggle burns itself out and the dust settles...
Those that know take over again...That has been the MO since forever.
It was always an evil system. All that an absolute capitalist system can do is take more power than it gives until maximum potential power is reached then it implodes...poof.
Terror has been a legitimate political agenda that is as old as civilization. Need something to herd all you peasants when conventional methods of manipulation become ineffective.
By consent or conquest the employees of the enterprise will perform as required.
But people or assets that transform into unfundable liabilities generally don't like to be liquidated...
You know?
Wiped off the face of the ledger every now and then.
It hurts your feelings.
You all think this is a game?
Another great post, amongst a lot of high-quality posts recently.
ReplyDeleteIn general, I like the way Hypertiger makes clear the fact that during the 6,000 year (?) history of civilization, so very little has changed. Any differences between today's USSA and any dominant civilization in Mesopotamia thousands of years ago are paper-thin superficial relative to the similarities between the same. To me, rather than being confusing, Hypertiger's choice of focus-points and rhetorical style make his point crystal clear.
I also appreciate the bottom-line point that as long as the individuals who comprise "the bottom" choose to give more power than they take at the same time the individuals who comprise "the top" chose to take more power than they receive, things will stay the same, with horrible expansion and imposion cycles over the centuries, for ever and ever, for as long as our species avoids extinction. The only way out is for enough individuals to make a difference choice.
Regarding the details, Hypertiger is also spot on pointing to interest attached to the medium of exchange. I also completely agree; of all the details anybody can focus on, as long as this remains in place, the cycle continues. While this is the top's foundational tool, upon which all others are predicated, this tool also makes the expansion-implosion cycle inevitable. It is math. On this note, the post The Top Can't Keep You All Stupified Much Longer was also especially good.
The only debatable point is the timing, which nobody can predict with certainty. In years past, I always suspected Hypertiger was way early, with my gut telling me the decade of the twenty-teens was the most likely time for the hellish manifestations of implosion to show up. I still do, though this distinction now seems moot, now that the twenty-teens decade is only months away. I believe the top's patient is on life support, with electic shocks being applied in an attempt to keep the patient's heart beating.
I believe the start of the outright hellish manifestations will be set off by and coincide with the outright popping of the Psychology Bubble. I figure this has to happen within 5 or so years, as a best-case maximum, barring some miracle (e.g. discovery of a massive amount of oil, or some fantasy-sounding alternative energy source really can work). The Psychology Bubble also may pop tomorrow. In my own psychology, the difference is becomming less and less important all the time.
Hypertiger, you expose the heart of the beast like no other. You are a chronicler, since this mass entrenched delusion that is the usury/front-loading deception will not let go of peoples' psyches until it has damaged irreparably. Throwing in with those who "earn" their money by usury is joining financial Cosa Nostra - there is no societal ablution possible until death. You are writing the story of this tragedy as it unfolds, and from many aspects, for some few to read later and observe that someone accurately saw exactly what was coming.
ReplyDeleteAlso, a few individuals will take heed and insulate themselves from the monster as well as possible.
We have converged on the interest singularity at this point, and the math is turning reciprocal right now. I'm looking for the inversion to take hold immediately.
Thanks for the de-hypnosis.
Thank you for your comments Bryan.
ReplyDeleteYou hit the nail on the head - those are the exact reasons I started this blog. His work is too important to lie forgotten in the archives of message boards or, worse, deleted forever.
HT saw what was coming and accurately predicted how it would unfold. Some of the posts are several years old - I take liberty and try (as best I can) to update the figures (from HT's latest) as well as the terminology so that it is current.
The best we can hope for is that if everyone knows, it won't happen again.
'N. Ron Shrubbard'
ReplyDeleteGood word play on the screen name - I like it!
We can only hope that at some later point in time, in order that if makes a positive difference, enough people at that later time will accurately understand what happened.
ReplyDeleteNo, I'm also resigned to the fact the usury deception will not let go of peoples' psyches until things are hopelessly bad an irreparable. I've tried over the years, starting long before I thought through (thank you Hypertiger) where attaching interest to the (monopolized by fiat decree) medium of exchange inescapably leads. I suspect the few at this site have also tried and also know the 3 general categories of replies: (1) that's commie talk, (2) that's old testament Bible-thumper talk, or (3) you're weird.
It is understandable, I guess. As Hypertiger has pointed out, in places such as the USSA, even the bottom of the bottom are sucking from the global bottom. In one way or another, we are pretty much all living off usury. No societal absolution until death indeed. Quite a few of my attempts at "you know, maybe usury isn't such a good idea" have received the "that'll starve the retired old ladies" programmed meme response. As if there is no other possible way to provide for older members of a society, and I am convinved a sane society (if one ever exists) could, you know, figure something out. Of course, the conditioned speakers of this programatic-meme response don't give a rat's ass about retired little old ladies, yet saying so comes across as more thoughtful and better in quality than arguing wanna be rich and famous dreams.
It is interesting that Ron Paul very recently introduced a bill in Congress to allow private individuals to introduce private forms of money (media of exchange) for use, that can coexist and compete with USD. While right now this is way too little and way too late, this is a good idea.
An individualist writer circa 1940 wrote a book called Free Enterprise Money and a pamphlet called The Separation of Money and State which thoroughly expounded these ideas. I believe his name is C. G. Riesling. He points out, correctly in my opinion, that ultimately what ensures quality money is not backing (e.g. gold) but rather the absence of the State monopolizing it, in other words the absence of fiat money. In such a system, each individual can choose the type of backing, the type of banking, the amount of usury tolerated, etc. by choosing which monetary arrangement to conduct economic transactions within. A "monetary arrangement" ultimately means a sub-section of individuals within society. Of course, any individual can participate to some extent in more than one, which I can only imagine would be common. This way, at least when one system implodes, while it will leave bagholders and result in suffering, the entire society won't collapse. Also, others can learn from it, and the more responsible (in concept and day-to-day administration) monetary systems will become most popular.
Let's hope some lucidity survives, as this blog strives to increase the probabilities of. Let's also hope Ron Paul is allowed more floor time (they don't like to give it to him!) and expands on why competing money systems within one society is a very good thing, and where we stand now, absolutely crucial. While possibly too little too late, Ron Paul gets a lot of it right, and the minutes of Congress are another great record, along with blogs, Riesling's writings, etc.
cheryl-lynne,
ReplyDeleteAnd snake oil sold by all three! In great quantities!
My screen name is a tribute to all three of them, in no particular order. I'm glad you like it. :)
The first part of your most recent post, reminds me of this quote :
ReplyDelete"The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in inequity and born in sin …. Bankers own the earth. Take it away from them but leave them the power to create money, and with a flick of a pen, they will create enough money to buy it back again …. Take this great power away from them and all great fortunes like mine will disappear, for then this would be a better and happier world to live in …. But if you want to continue to be the slaves of bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit." - Sir Josias Stamp
This kind of gloom and doom talk reminds me of the crap Religion feeds us everytime they think armageddon is here. I find parts of it interesting but when you go way the hell out there I think you just lose a lot of credibility.
ReplyDeleteIf you are a US citizen then discuss what solutions there are. If you are not a US citizen then STFU and whatever you do dont ask us to come liberate your country again. Keep shorting stocks and currency and tossing out gloom and doom, but your losing folks interest.
If all this gloom and doom happens guess who will be affected the least? Probably the US, Japan and Europe. Why? Because we are on the top of the foodchain. Discouraging rhetoric and no solutional discussion adds hopelessness and anyone promoting that needs to find a new line of work.
Quote by Anonymous:
ReplyDeleteThis kind of gloom and doom talk reminds me of the crap Religion feeds us everytime they think armageddon is here...
If you are a US citizen then discuss what solutions there are.
Ah, category 2 (see paragraph 2 of my 2nd post in this thread). You then request those who participate hear. Okay. However, in fairness, I request that if you believe usury to be ay-okay and simply fine and dandy, you discuss precisely why it is. Your Bible-thumper reply is nothing more than name-calling, and hence empty of any content. Yes, you avoided the term "usury" and any reference to a specific religion, text, or usage thereof. Nonetheless, I've experienced this response enough times to see it for exactly what it is.
Now, moving on to a discussion of solutions, I discussed one in my 2nd post of this thread, specifically a free-enterprise private monetary system. Better yet, an individual who is in a position to do a hell of a lot more than I ever could, a guy named Ron Paul, also sees this. Ron Paul is a congressman, and he actually proposed such a thing recently, as a bill in Congress. He calls it the "Free Competition in Currency Act." His spoken introduction on the floor of the House is at his website ronpaul2008.com. It's down near the bottom in the "Featured Articles" section. He also wrote an op-ed piece, which The Wall Street Journal published under title "The Dollar is a Big Element of U.S. Security." It is also at this website, under the "Daily Updates" section, closer to the top of the page.
I'm with you that despondancy is always inappropriate. No matter how hopeless things appear, I want to try as much as I can, as tiny as that may be. So do others here. This thread makes very clear that this is the reason this blog exists in the first place.
In addition to communicating at blogs like this, I know we can each do more. Using myself as an example, it is the usury / currency / nature of money aspect of this that most piques my interest. So going forward I can attempt to introduce persons to the writings of Riesling, and hence try to reintroduce him in to the current day.
The other big thing (in my opinion) we can all do is support Ron Paul. I'm the first to understand cycnicism toward electoral politics. Before I learned of Paul, I had written off politics a long long time ago. My pitch is that even if you disapprove of some of Paul's positions, such as opposition to abortion as an example, I say this is the time to overlook that, because this is a time at which all else is insignificant relative to monetary issues, and the attendant issues of empire-building and loss of civil rights and liberties.
Ron Paul knows he will not get the Republican nomination for president. The past month or so he has focused on retaining his house seat (Texas primary is tomorrow - his primary for his Congress seat is thus also tomorrow). He has also made it clear he will not stop with his project, even after all 2008 elections are over. So getting involved and supporting Paul's efforts as best I can is something I can do, an option that as recently as a year or two ago I would have never believed would ever exist.
This is a copy and paste from Ron Paul's website, ronpaul2008.com. While copywrited, I see no prohibition against reproducting it's content. Given the purpose of his website is to gain voters, such a prohibition would not make sense. So I have reproduced the web address, as generally required, and reproduced some content of the site.
ReplyDeleteStatement on Competing Currencies
Summary:
The prospect of American citizens turning away from the dollar towards alternate currencies will provide the necessary impetus to the US government to regain control of the dollar and halt its downward spiral. Restoring soundness to the dollar will remove the government's ability and incentive to inflate the currency, and keep us from launching unconstitutional wars that burden our economy to excess. With a sound currency, everyone is better off, not just those who control the monetary system.
Here's his statement on the floor of the House of Representatives:
Ron Paul, Dr. February 13, 2008
Madam Speaker,
I rise to speak on the concept of competing currencies. Currency, or money, is what allows civilization to flourish. In the absence of money, barter is the name of the game; if the farmer needs shoes, he must trade his eggs and milk to the cobbler and hope that the cobbler needs eggs and milk. Money makes the transaction process far easier. Rather than having to search for someone with reciprocal wants, the farmer can exchange his milk and eggs for an agreed-upon medium of exchange with which he can then purchase shoes.
This medium of exchange should satisfy certain properties: it should be durable, that is to say, it does not wear out easily; it should be portable, that is, easily carried; it should be divisible into units usable for every-day transactions; it should be recognizable and uniform, so that one unit of money has the same properties as every other unit; it should be scarce, in the economic sense, so that the extant supply does not satisfy the wants of everyone demanding it; it should be stable, so that the value of its purchasing power does not fluctuate wildly; and it should be reproducible, so that enough units of money can be created to satisfy the needs of exchange.
Over millennia of human history, gold and silver have been the two metals that have most often satisfied these conditions, survived the market process, and gained the trust of billions of people. Gold and silver are difficult to counterfeit, a property which ensures they will always be accepted in commerce. It is precisely for this reason that gold and silver are anathema to governments. A supply of gold and silver that is limited in supply by nature cannot be inflated, and thus serves as a check on the growth of government. Without the ability to inflate the currency, governments find themselves constrained in their actions, unable to carry on wars of aggression or to appease their overtaxed citizens with bread and circuses.
At this country's founding, there was no government controlled national currency. While the Constitution established the Congressional power of minting coins, it was not until 1792 that the US Mint was formally established. In the meantime, Americans made do with foreign silver and gold coins. Even after the Mint's operations got underway, foreign coins continued to circulate within the United States, and did so for several decades.
On the desk in my office I have a sign that says: “Don't steal – the government hates competition.” Indeed, any power a government arrogates to itself, it is loathe to give back to the people. Just as we have gone from a constitutionally-instituted national defense consisting of a limited army and navy bolstered by militias and letters of marque and reprisal, we have moved from a system of competing currencies to a government-instituted banking cartel that monopolizes the issuance of currency. In order to introduce a system of competing currencies, there are three steps that must be taken to produce a legal climate favorable to competition.
The first step consists of eliminating legal tender laws. Article I Section 10 of the Constitution forbids the States from making anything but gold and silver a legal tender in payment of debts. States are not required to enact legal tender laws, but should they choose to, the only acceptable legal tender is gold and silver, the two precious metals that individuals throughout history and across cultures have used as currency. However, there is nothing in the Constitution that grants the Congress the power to enact legal tender laws. We, the Congress, have the power to coin money, regulate the value thereof, and of foreign coin, but not to declare a legal tender. Yet, there is a section of US Code, 31 USC 5103, that purports to establish US coins and currency, including Federal Reserve notes, as legal tender.
Historically, legal tender laws have been used by governments to force their citizens to accept debased and devalued currency. Gresham's Law describes this phenomenon, which can be summed up in one phrase: bad money drives out good money. An emperor, a king, or a dictator might mint coins with half an ounce of gold and force merchants, under pain of death, to accept them as though they contained one ounce of gold. Each ounce of the king's gold could now be minted into two coins instead of one, so the king now had twice as much “money” to spend on building castles and raising armies. As these legally overvalued coins circulated, the coins containing the full ounce of gold would be pulled out of circulation and hoarded. We saw this same phenomenon happen in the mid-1960s when the US government began to mint subsidiary coinage out of copper and nickel rather than silver. The copper and nickel coins were legally overvalued, the silver coins undervalued in relation, and silver coins vanished from circulation.
These actions also give rise to the most pernicious effects of inflation. Most of the merchants and peasants who received this devalued currency felt the full effects of inflation, the rise in prices and the lowered standard of living, before they received any of the new currency. By the time they received the new currency, prices had long since doubled, and the new currency they received would give them no benefit.
In the absence of legal tender laws, Gresham's Law no longer holds. If people are free to reject debased currency, and instead demand sound money, sound money will gradually return to use in society. Merchants would have been free to reject the king's coin and accept only coins containing full metal weight.
The second step to reestablishing competing currencies is to eliminate laws that prohibit the operation of private mints. One private enterprise which attempted to popularize the use of precious metal coins was Liberty Services, the creators of the Liberty Dollar. Evidently the government felt threatened, as Liberty Dollars had all their precious metal coins seized by the FBI and Secret Service this past November. Of course, not all of these coins were owned by Liberty Services, as many were held in trust as backing for silver and gold certificates which Liberty Services issued. None of this matters, of course, to the government, who hates to see any competition.
The sections of US Code which Liberty Services is accused of violating are erroneously considered to be anti-counterfeiting statutes, when in fact their purpose was to shut down private mints that had been operating in California. California was awash in gold in the aftermath of the 1849 gold rush, yet had no US Mint to mint coinage. There was not enough foreign coinage circulating in California either, so private mints stepped into the breech to provide their own coins. As was to become the case in other industries during the Progressive era, the private mints were eventually accused of circulating debased (substandard) coinage, and in the interest of providing government-sanctioned regulation and a government guarantee of purity, the 1864 Coinage Act was passed, which banned private mints from producing their own coins for circulation as currency.
The final step to ensuring competing currencies is to eliminate capital gains and sales taxes on gold and silver coins. Under current federal law, coins are considered collectibles, and are liable for capital gains taxes. Short-term capital gains rates are at income tax levels, up to 35 percent, while long-term capital gains taxes are assessed at the collectibles rate of 28 percent. Furthermore, these taxes actually tax monetary debasement. As the dollar weakens, the nominal dollar value of gold increases. The purchasing power of gold may remain relatively constant, but as the nominal dollar value increases, the federal government considers this an increase in wealth, and taxes accordingly. Thus, the more the dollar is debased, the more capital gains taxes must be paid on holdings of gold and other precious metals.
Just as pernicious are the sales and use taxes which are assessed on gold and silver at the state level in many states. Imagine having to pay sales tax at the bank every time you change a $10 bill for a roll of quarters to do laundry. Inflation is a pernicious tax on the value of money, but even the official numbers, which are massaged downwards, are only on the order of 4% per year. Sales taxes in many states can take away 8% or more on every single transaction in which consumers wish to convert their Federal Reserve Notes into gold or silver.
In conclusion, Madam Speaker, allowing for competing currencies will allow market participants to choose a currency that suits their needs, rather than the needs of the government. The prospect of American citizens turning away from the dollar towards alternate currencies will provide the necessary impetus to the US government to regain control of the dollar and halt its downward spiral. Restoring soundness to the dollar will remove the government's ability and incentive to inflate the currency, and keep us from launching unconstitutional wars that burden our economy to excess. With a sound currency, everyone is better off, not just those who control the monetary system. I urge my colleagues to consider the redevelopment of a system of competing currencies.
NOTE: I don't consider this anywhere near perfect, or comprehensive enough. That's okay, neither the world nor anybody who lives in it will ever be perfect. This is a start, and it's a good one.
I love your "bulleted stream of conciousness" style of writing. Very hip and cool. Keep us informed hypertiger. I look forward to hearing more in your blog.
ReplyDelete"Discouraging rhetoric and no solutional discussion adds hopelessness"
ReplyDeleteIt is hopeless because there is no solution - other than to do everything we can to make sure it NEVER happens again.
If your goal in life is to condemn your descendants (assuming you're 'fortunate' enough to survive) to the same hell we're in for, then feel free to "lose interest."
The solution...is implosion...
ReplyDeleteThe only way to avoid the implosion is to choose to not begin the process that leads to it.
Once you choose to take more than you give all that will happen is inflation greater than previous inflation to maximum potential followed by inflation less than previous inflation to maximum potential...
The implosion is the logical conclusion of a choice that was made by people that existed long before anyone alive currently existed...
Doom and Gloom...
The implosion is going to happen...there is no escape...
That is truth...
No amount of power malinvested into the powering of a delusion to attempt to fight and defeat TRUTH is going to succeed.
All that the system is designed to do is inflate to maximum potential and then implode...If anything is done to attempt to stop the system from inflating to maximum potential...it will stop inflating...that is maximum potential...and it will then implode.
It's already over...reguardless what any of you or all of you choose to do...the system will reach maximum potential and implode.
It's what is done before the next cycle that matters...So far for 1000's of years everyone has chose to do it all over again and again...
It's the path of least resistance that has always been followed.
Just like bacteria...that consume and inflate their population until the food supply is utilized to it's maximum potential...then the bacteria population stops inflating...and implodes.
Yes hard to believe but humanity is trapped in the same trap as bacteria is...
We are currently and have been for 1000's of years about as smart as bacteria.
Government?
ReplyDeleteThere are two kinds I guess...the Government that you can see and that tells you it's the Government...and the actual Government...
The So called Government of the USA is just an administration system of the absolute capitalist system...It is not the Government...It is just a tool used by the Government to control the USA...
There are those who have the power and those that seek it...The closest those who seek power will ever get to those who have it is President of the USA.
The President of the enterprise does not own the enterprise.
Even if Ron Paul were to become president...he would not control or own the enterprise...he would just be top administrator.
And if they did not administrate it as the owners of the enterprise desired it to be or if their usefullness reached it's end point...They would be fired...
All the security surrounding the President of the USA is there to protect an asset from an unauthorized/unplanned liquidation...
If the asset becomes a liability...It will be liquidated...Like blowing out a candle.
"If the asset becomes a liability...It will be liquidated...Like blowing out a candle."
ReplyDeleteSee JFK for further...
I highly doubt Ron Paul will ever become president of the United States. I think Ron Paul knows that Ron Paul in all likelihood never will.
ReplyDeleteHe definitely won't this year, and I am not confident there will be too many more elections for US president, if any. Assuming it doesn't get that bad so fast, I don't see much chance of Ron Paul being the choice to calm things down. More likely, a charismatic rabble-rouser type, who fires everybody up to "Git the scapegoat!" will be the choice.
Cheryl-Lynne has posted the reason she created this blog is as a positive effort to leave behind a record, primarily of Hypertiger's writings, that may survive (no matter how unlikely) and influence people in the future not to recreate the same systems and hence start a whole new cycle ... toward the same inevitable ending.
I see Ron Paul's campaign, and the writings by himself and others associated with the campaign, as extremely valuable for exactly the same reason.
Also along those lines, some others get it as well. Here's a couple of the paragraphs of, and a link to, an interesting writing by John Hoefle, on LaRouce's website of all places.
The Federal Reserve Has Become Irrelevant
Could they really be that stupid? That is the question which comes to mind watching the recent spate of statements by government officials discussing what they see as the problems facing the economy, and what needs to be done to solve them. Rather than admitting the global financial system has failed, and must be put through bankruptcy, they blather on about whether or not we have entered into a recession, and about the need to protect asset values from the effects of what they prefer to call the "housing crisis."
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The problem facing the regulators is that the financial system is collapsing, held together more by denial than anything else. The vaporization of trillions of dollars of nominal wealth has triggered an avalanche of losses, losses which the system cannot withstand, and so considerable effort is being expended to maintain the fiction that the bond market hasn't exploded, the paper still has value, and the banks are not broke. The problem is that the event—the collapse of the global financial system—has already occurred, and what we are now witnessing are the effects of that collapse.
www.larouchepub.com/other/2008/3510fed_irrelevant.html