Tag Archives: American Ruling Class

Ex-Fed chief Bernanke denied loan to refinance his home

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“Former Federal Reserve Chairman Ben Bernanke revealed last week that he was turned down when he tried to refinance his home loan.  ‘I think it’s entirely possible’ that lenders ‘may have gone a little bit too far on mortgage credit conditions,’ he said.  Bernanke also told the conference of the National Investment Center for Seniors Housing and Care that the first-time homebuyer market is ‘not what it should be.’  Bernanke was paid $199,750 annually as head of the central bank and reportedly earned $250,000 in March for his first public speaking engagement since stepping down in January.  He also reportedly received $1 million in a deal to write his memoirs.”

http://www.foxnews.com/politics/2014/10/06/ex-fed-chief-bernanke-denied-loan-to-refinance-his-home/

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Obama’s New Ebola ‘Czar’ Has No Medical, Health Care Background

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“President Barack Obama on Friday turned to a trusted adviser to lead the nation’s Ebola response as efforts to clamp down on any possible route of infection from three Texas cases expanded, reaching a cruise ship at sea and multiple airline flights.  Facing renewed criticism of his handling of the Ebola risk, Obama will make Ron Klain, a former chief of staff to Vice President Joe Biden, his point man on fighting Ebola at home and in West Africa. Klain will report to national security adviser Susan Rice and to homeland security adviser Lisa Monaco, the White House said.  Klain does not have a medical or a health care background.”

http://washington.cbslocal.com/2014/10/17/obamas-new-ebola-czar-does-not-have-medical-health-care-background/

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Teddy Roosevelt and the Road to Pearl Harbor [2009]

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“Historian James Bradley had a fascinating op-ed in yesterday’s New York Times tracing the origins of Japan’s attack on Pearl Harbor back to the foreign policy of President Theodore Roosevelt, who famously intervened in the Russo-Japanese War in 1905 and earned himself a Nobel Peace Prize for his efforts. Yet as Bradley notes, Roosevelt was secretly acting on Japan’s behalf, or as he wrote to his son, ‘not merely with her approval but with her expressed desire.’ Following that, Roosevelt actively encouraged Japan to emulate America’s recent imperial expansion, though the results would prove disastrous in the long-term.”

http://reason.com/blog/2009/12/07/teddy-roosevelt-and-the-road-t

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John Paulson holds onto gold ETF; Soros buys gold mining shares

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“Hedge fund Paulson & Co maintained its stake in the world’s biggest gold-backed exchange-traded fund, SPDR Gold Trust, in the second quarter, while Soros Fund Management LLC sharply boosted his investment in gold mining stocks.  Legendary investor George Soros nearly doubled his ownership in a U.S. gold mining companies ETF and initiated new stakes in other gold producers, suggesting the big names in hedge funds continued to have confidence in the yellow metal.  Soros Fund Management increased his stake in Market Vectors Gold Miners ETF to 2.05 million shares valued at $54 million at the end of the second quarter, compared with 1.16 million shares in Q1.”

http://www.reuters.com/article/2014/08/15/us-hedgefunds-filings-gold-idUSKBN0GF0HU20140815

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George Soros Bets $2 Billion on Stock Market Collapse, But Buys Apple

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“Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion.  The legendary hedge fund manager has been raising his negative bet on the Standard & Poor’s 500 Index since late last year.  The latest 13-F filing with the SEC shows that Soros Fund Management increased its position in ‘puts’ on the SPDR S&P 500 exchange-traded fund by a staggering amount in the second quarter from the first.  However, Soros’ fund bought 182 new stocks in the second quarter. Soros also lifted positions in Apple and Facebook in a portfolio loaded up with stocks, ‘so he can’t possibly be all that gloomy,’ MarketWatch reported.”

http://www.newsmax.com/Finance/george-soros-stock-market-S-P-500-bet/2014/08/16/id/589153/

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UN Grabs for the Internet: Toward “Global Governance”

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“In a recent essay entitled, ‘The Strategic Significance of the Internet Commons,’ former Secretary of Homeland Security Michael Chertoff describes cyberspace and the Internet as a ‘global commons’ that must come under ‘global governance.’ This is the latest salvo in an ongoing campaign by a disparate congeries of internationalists, socialists, communists, and jihadists to turn over control of the Internet to some sort of regime under the United Nations.  Unbeknownst to most Americans, the effort to transfer that control to the UN — including Internet taxing, censoring, and surveillance powers — is already far advanced.”

http://www.thenewamerican.com/tech/computers/item/18950-un-grabs-for-the-internet-cfr-chatham-house-lead-the-charge-for-global-governance

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Dr. Kissinger on the ‘New World Order’ – Editorial or Policy Statement?

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“Dr. Henry Kissinger has written an article entitled, ‘Henry Kissinger on the Assembly of a New World Order’ posted at The Wall Street Journal. It’s an important article written by an important man. Dr. Kissinger, the Journal tells us, ‘served as national security adviser and secretary of state under Presidents Nixon and Ford.’ And his article is ‘adapted from his book ‘World Order” – apparently set for a September 9th unveiling from publisher Penguin Press. You really have to read between the lines to understand what Dr. Kissinger is saying. Kissinger, probably with the consent of others, has apparently decided to send a message about what must be done to alleviate the world’s current perilous situation.”

http://www.thedailybell.com/editorials/35605/Anthony-Wile-Dr-Kissinger-on-the-New-World-Order–Editorial-or-Policy-Statement/

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Bill Bonner: What Is the Point of Government?

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“There is no faster path to disaster than enthusiastic leadership. Exhibit A: World War I. Exhibit B came next: the disaster known as the Great Depression. In the previous depression, 1920-21, President Harding and Treasury Secretary Andrew Mellon simply ignored it. No leadership required. Two years later the depression was over.  But in 1929, when the next one came, President Hoover and then President Roosevelt met it with aggressive leadership. Advancing the preposterous notion that they knew better than business people and investors, they promised to mitigate the Depression with ‘countercyclical policies,’ thereby stretching out the Depression for almost a decade.”

http://bonnerandpartners.com/what-is-the-point-of-government/

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CFR: Print Money and Hand It Out Directly to Consumers

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“The idea that Foreign Affairs writers and editors believe that freely handing out currency is going to strengthen the economy and solidify good will for the current central banking system is either naïve or sinister. We arrive at the possibility of ‘sinister’ because it appears to us that the globalists have perhaps given up on arriving at a more structured and rationalized internationalism via stealth. Instead, they are apparently moving forward with the age-old tools of economic ruin and military engagement. Giving away currency would surely be another step toward destroying the modern system and setting the stage for a new one, presumably even more internationalist.”

http://www.thedailybell.com/news-analysis/35597/Shock-CFR-Suggests-That-Central-Banks-Print-Money-and-Hand-It-Out-Directly-to-Consumers/

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Bill Bonner: Here Come the Money Helicopters

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“Bypassing the banks, they will put their newly digitized money directly into the hands of the people whose votes they need to buy. This kind of flagrant money creation is becoming intellectually respectable, as a kind of final solution to the problem of insufficient demand.  Martin Wolf, the influential chief economics commentator at the Financial Times, has already suggested it publicly. Now, here comes an article in Foreign Affairs magazine titled: ‘Print Less and Transfer More: Why Central Banks Should Give Money directly to the People.’  Recognizing that QE and ZIRP are not making it to the top of the charts, the establishment is getting behind more direct inflationary measures.”

http://bonnerandpartners.com/come-money-helicopters-debt/

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