Tag Archives: American Ruling Class

Paul Craig Roberts: The Case of the Missing Recovery

Posted on by

withkitties_150_1202

“What the Treasury and Federal Reserve have done, with the complicity of the White House, Congress, economists, and the media, is to focus on rescuing a half dozen banks ‘too big to fail.’ The consequence of focusing economic policy on saving the banks is rigged financial markets and massive stock and bond market bubbles. To protect the dollar’s exchange value from quantitative easing, the price of gold has been forced down in the paper futures market, with the consequence that physical gold is shipped to Asia where it is unavailable as a refuge for Americans faced with currency depreciation. It remains to be seen whether the chickens can be kept from coming home to roost.”

http://www.paulcraigroberts.org/2014/01/03/case-missing-recovery-paul-craig-roberts/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Bill Bonner: Are Pope Francis, Bill De Blasio and Barack Obama Right?

Posted on by

Bill-Bonner2

“People think the rich are capitalists and that capitalists are rich. Not so. A real capitalist takes losses as well as gains. He makes mistakes… and pays for them himself.  Sometimes it’s not about the money. Often, he doesn’t know how much he’s got… and doesn’t care. It’s the journey he likes, not necessarily the destination.  The capitalist is misunderstood. So is capitalism. It is not so much a system; it is what happens when there is no system. It is what people get up to when they are left to their own devices.  Good? Bad?  We don’t know… but it’s better than being told what to do by some jackass with his own agenda.”

http://www.bonnerandpartners.com/are-pope-francis-bill-de-blasio-and-barack-obama-right-about-capitalism/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Who Are the Power Elite?

Posted on by

“Keith Preston dissects the American ruling class.  Topics include:  The difference between power elite analysis and conspiracy theories.  Power elite analysis versus theories of democratic pluralism.  Classical elite theory as developed during the interwar period of the 1920s.  C. Wright Mills as the godfather of power elite theory.  James Burnham and the managerial revolution.  William Domhoff and the role of ideological institutions.  Robert Putnam and the role of technological elites.  Thomas Dye and the development of consensus among elites.  How the power elite uses demographic, cultural, and class conflict to protect its own position of dominance.”

http://attackthesystem.com/2013/12/30/attack-the-system-who-are-the-power-elite/

http://attackthesystem.files.wordpress.com/2013/12/2013-12-27.mp3

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

NYPD a ‘quasi-military organization,’ according to outgoing Ray Kelly

Posted on by

“Outgoing-NYPD Commissioner Ray Kelly echoed soon-to-be-ex-Mayor Michael Bloomberg with big words about the city’s boys in blue.  Bloomberg provoked a fair share of criticism from Big Apple residents in late 2011 when he said, ‘I have my own army in the NYPD . . . the seventh biggest army in the world.’  Kelly will soon join the Council on Foreign Relations — a dominant international policy think-tank — where he will still be able to stay close to his fellow New Yorkers. Even in his post-NYPD career, Kelly will receive a taxpayer-funded ten-man security detail that is reported to cost NYC residents around $1.5 million a year.”

http://rt.com/usa/nypd-kelly-quasi-military-037/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Bitcoin start-up nabs Goldman board member

Posted on by

“M. Michele Burns, a finance industry veteran who sits on the board of Goldman Sachs is joining the board of Circle Internet Financial, a Boston start-up that is building a payment processing system for Bitcoin.  Circle launched earlier this year, and was founded by Jeremy Allaire, who has led other Internet start-ups, but recently has become a Bitcoin evangelist. The company got $9 million in funding from a number of venture capitalist firms. Jim Breyer, a partner at Accel and an early backer of Facebook (FB), is also on Circle’s board, as is Raj Date, who recently left a top post at the Consumer Financial Protection Bureau.”

http://finance.fortune.cnn.com/2013/12/27/michele-burns-circle/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Yellen Strikes Out

Posted on by

“Mrs. Yellen insisted that she supports ‘transparency and openness on the part of the Fed.’ She claimed that in terms of the ‘range of information and the timeliness of that information, we are one of the most transparent central banks in the world.’ That’s not only irrelevant but wan. She then declared that she would not support ‘a requirement — any requirement — that would diminish the independence of the Federal Reserve in implementing, and deciding on implementing, monetary policy.'”

http://www.nysun.com/editorials/yellen-strikes-out/88490/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Being an Austrian Is Easier Than Ever

Posted on by

“In April 2011, two years shy of its 100th birthday, the Fed held its first press conference in history in response to mounting criticism of its lack of transparency. In other words, the Fed felt that it had to walk out into the sunshine and defend itself. And, as no doubt part of the same public relations effort, recent Fed publications reveal a concerted effort to perpetuate the myth that the Federal Reserve System is not a central bank at all, but a system of banks that serve ‘our local communities.’  What’s different this time is that, with the help of the web, Ron Paul’s 2012 campaign, and of course, the Mises Institute, the Austrian School of economics is no longer an obscure and ignored minority.”

http://mises.org/daily/6613/Being-an-Austrian-Is-Easier-Than-Ever

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

2014: The First Year of the 21st Century Dark Age

Posted on by

“Big Western socialist governments are dying and our leaders know it. So they are acting like caged animals and fighting back the only way they know how: By attacking their own citizens.  This is how Rome died. This is how the Byzantine empire fell. It’s how the maritime merchant-based Venetian times ended. And many other civilizations throughout history that have often been at the core of the global economy.  They do not die by hyperinflation, as so many seem to think. They do not die by severe deflation either. Instead, they die by leaders turning against their own people to hunt down every penny of wealth they can find to tax and confiscate — all in the name of saving the government.”

http://www.moneyandmarkets.com/2014-the-first-year-of-the-21st-century-dark-age-56957

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

G. Edward Griffin on Bitcoin & The Federal Reserve

Posted on by

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Money for Nothing: Inside the Federal Reserve (2013)

Posted on by

“Nearly 100 years after its creation, the power of the U.S. Federal Reserve has never been greater. Markets and governments around the world hold their breath in anticipation of the Fed Chairman’s every word. Yet the average person knows very little about the most powerful – and least understood – financial institution on earth. Money For Nothing is the first film to take viewers inside the Fed and reveal the impact of Fed policies – past, present, and future – on our lives. Join current and former Fed officials as they debate the critics, and each other, about the decisions that helped lead the global financial system to the brink of collapse in 2008. And why we might be headed there again.”

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet