Tag Archives: American Ruling Class

Federal Reserve likely to end QE stimulus program in October

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“The Federal Reserve is set to end its economic stimulus program in October, bringing to an end the controversial five-year-old scheme even as officials said there were signs that the US economy was still in trouble.  Officials have been winding down their monthly purchases of Treasury bonds and mortgage-backed securities since January, but had not set an end date for the scheme.  Controversial from the outset, QE was designed to keep long-term interest rates down and encourage investors to back stocks or corporate debt in order to stimulate the economy. Stock markets have hit record highs under QE yet the unemployment rate remains high and there are continuing signs of weakness.”

http://www.theguardian.com/business/2014/jul/09/fed-qe-stimulus-program-october

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Gerald Celente on Marijuana Legalization and OccupyPeace

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“We’re initiating a project called OccupyPeace.us. And it’s based on three words: No foreign entanglements. Those are the three words spoken by the Founding Fathers of this country. We want to rebuild America and the way we want to do it is we’re working to build an OccupyPeace movement based on no foreign entanglements and we’re working to push the United States more in line with a direct democracy like Switzerland. You want to go to war? Let the people vote. You want a defense budget? Let the people vote on it. You want to bail out the banks? Let the people vote. If we can bank online we can vote online. It could be more open than any other system in the world.”

http://www.thedailybell.com/exclusive-interviews/35448/Anthony-Wile-Gerald-Celente-on-Marijuana-Legalization-OccupyPeace-and-the-Solution-to-Government-Gangsterism/

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The Federal Reserve: Asleep at the Switch

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“Yellen conceded that higher interest rates in 2003 and 2006 might have slowed the rate of home price growth that created the housing bubble.  But, she added, such increases wouldn’t have done much to quell the rapid rise in housing prices but would have ‘weakened households’ ability to repay previous debts.’ The net effect would have been to improve ‘household balance sheets only modestly.’  What’s most disturbing about her comments is that her central bank colleagues in other countries deeply disagree with this position. They argue that low rates caused by central bank stimulus programs may be sowing the seeds for the next financial crisis.”

http://www.investingdaily.com/20677/the-federal-reserve-asleep-at-the-switch-2/

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Senate Panel OKs $47 Billion Homeland Security Budget

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“The measure also includes a provision to increase the fee paid by travelers who enter the U.S. by commercial sea and air carriers by $2 to $9, using the revenue to pay for 1,000 new customs agents.  The measure funds the government’s newest Cabinet department and is free of contentious issues that dot many of the other 11 spending bills. It increases the budget for Customs and Border Protection by 4 percent and increases funding for detention of people entering the country illegally.  The bill’s chief author, Sen. Mary Landrieu, D-La., who faces a difficult re-election campaign this fall, included $318 million to build six fast response Coast Guard cutters at Bollinger Shipyards in her home state.”

http://abcnews.go.com/Politics/wireStory/senate-panel-oks-47b-homeland-security-budget-24318416

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Man who beat NSA in T-shirt parody case wins against Clinton group

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“The Ready for Hillary organization, a group that’s laying the groundwork for a potential presidential campaign by Hillary Clinton, has backed down from its demand that a parody T-shirt and related items be removed from an online store.  The T-shirt reads: ‘I’m Ready for Oligarchy,’ a parody of the group’s slogan: ‘I’m Ready for Hillary.’  The maker of the shirt, a Minnesota-based activist named Dan McCall, had previously won a bid to make and sell T-shirts parodying the National Security Agency. Paul Alan Levy, McCall’s attorney, said that he was informed of Ready for Hillary’s intention to drop the demand late Thursday.”

http://arstechnica.com/tech-policy/2014/06/man-who-beat-nsa-in-t-shirt-parody-case-wins-against-ready-for-hillary/

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Could Keith Alexander’s Advice Possibly Be Worth $600K a Month?

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“Ex-NSA director Keith Alexander has his own consulting company: IronNet Cybersecurity Inc. His advice does not come cheap.  Alexander offered to provide advice to Sifma for $1 million a month, according to two people briefed on the talks. The asking price later dropped to $600,000, the people said, speaking on condition of anonymity because the negotiation was private.  Alexander declined to comment on the details, except to say that his firm will have contracts ‘in the near future.’   SIFMA is the Securities Industry and Financial Markets Association. Think of how much actual security they could buy with that $600K a month. Unless he’s giving them classified information.”

https://www.schneier.com/blog/archives/2014/06/could_keith_ale.html

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Central Planning by Central Bankers

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portallogo3

“The agency that controls monetary policy for the United States has an unlimited amount of money to buy support, compliance, or least silence within that segment of professionally trained economists that specializes in money and banking. The Federal Reserve gets to keep all the money that it wants for operations. It has to turn back over to the Treasury Department any money that is not used for operations, but it does not answer to Congress or the Treasury with respect to how it spends its money. This means that the Federal Reserve has essentially unlimited funds available to buy off those critics who might challenge Federal Reserve policy.”

http://www.garynorth.com/public/12584.cfm

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The Questions That Weren’t Answered

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“The U.S. economy is hanging by its nails. It still has not pulled itself up over the edge of the cliff we went off six years ago. And now the warmongers would have us step on its fingers again.  The hapless Paul Bremer, who was in charge of the occupation government of Iraq under Bush, is pushing combat forces. Says John McCain, ‘We are now facing an existential threat to the security of the United States of America.’  Really? An existential threat? I can’t be sure, but didn’t he say the same thing in 2002-03?  But before anyone sells Americans another war pig in a poke, it is worth pausing to ask, ‘How did it come to this?'”

http://www.moneyandmarkets.com/questions-werent-answered-62371

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The History Channel’s Mendacious ‘The World Wars’ Propaganda

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thelrcblog-5002

“Perhaps the less said about this egregious travesty of historical falsehoods and distortions of facts the better.  It is simply neocon agit-prop featuring ‘the usual suspects’ (Cheney, Rumsfeld, Powell, McCain, McChrystal, Panetta, etc.) from the unconstitutional, preemptive wars of aggression in Afghanistan and Iraq as ‘expert commentators’ and their court historian Amen corner echo chamber. This is not objective history but advocacy for the unrestrained warfare state in which these war criminals were key participants.  In their attempts to portray a historical continuity from WWI to WWII to the failed wars they presided over — such a continuity exists but not the one they attempt to convey.”

http://www.lewrockwell.com/lrc-blog/historys-mendacious-propaganda-lies-concerning-the-world-wars/

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Inside Look: Pelosi NSA Confrontation – with Andrew Demeter

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“Andrew Demeter is a 16-year-old teenager, who recently confronted House Minority Leader Nancy Pelosi over her support of domestic spying.  The young man minced no words, but was still polite and cordial to the representative. Afterward, he was invited to speak on several television networks.  Demeter is our guest on the show today. He is hear to talk to us about his encounter with Pelosi, as well as spying programs. We will talk about how he came to speak with the House California representative, as well as his plans for the future.”

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