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Two interesting articles I found online discussion the meeting which goes on rather unnoted by MSM. Something might be boiling. First at SD: My guess is that the end game is in fact being discussed. How best to shut the current system down, reboot another one AND retain as much power as possible. I truly believe that preparations are being discussed here and now “how best” (for them) to close out this [...] http://www.GS2013.org | SIGN | SHARE | CHANGE AMERICA! Share this video and then sign the petition to help end inequality and change our country forever! This is one of the most important issues our country faces right now and it demands everyone’s attention or else the consequences could be catastrophic. Breaking Inequality is a documentary film about the corruption between Washington and Wall Street that has resulted in the largest inequality gap [...] Paul Hsieh Recently, the CVS Caremark Corporation began requiring employees to disclose personal health information (including weight, blood pressure, and body fat levels) or else pay an annual $600 fine. Workers must make this information available to the company’s employee “Wellness Program” and sign a form stating that they’re doing so voluntarily. CVS argues this will help workers “take more responsibility for improving their health.” At one level, this makes [...] The Fall Of America And The Organized Destruction Of The Bill Of Rights And The Constitution (Video)Both political parties act like they dislike each other, but behind closed doors they buddy up for a drink and make deals. They put on this show that they disagree with each other, when in fact both political parties are working for the global elite, both political parties are working toward a New World Order. This is the fall of the republic, the limitations on the government have been whittled away. These [...] By Michael What if there was a financial system that would eliminate the need for the federal government to go into debt, that would eliminate the need for the Federal Reserve, that would end the practice of fractional reserve banking and that would dethrone the big banks? Would you be in favor of such a system? A surprising new IMF research paper entitled “The Chicago Plan Revisited” by Jaromir Benes and [...] I don’t think there will be a sudden economic collapse. What will happen is what has been happening since 2008, i.e, money has continuing less value, 99% of the population become poorer. This will probably carry on until about QE20 when it will take a years wages to afford a loaf of bread. Seriously though, the situation will eventually arise like the circumstances in Germany around in the late 1920′s when [...] Jurriaan Maessen Former Malaysian First Minister Harris Saleh: “The Security Council will pave the way to setting up of a World Parliament and a World Cabinet making the UN the most powerful and having full authority on earth.”
Yesterday the Malaysian Daily Express reported on a plea by former Malaysian “first minister”, Harris Salleh calling on the United Nations to reform itself, changing the current system to a single “World Parliament with [...] KWN Today billionaire Eric Sprott spoke with King World News about one of his frightening predictions, “I always postulated that the financial system would go bankrupt, and it has, save for one thing, it got bailed out.” Sprott, who is Chairman of Sprott Asset Management, also added, “But I don’t think the central planners have a winning hand here. They’re not going to win.”
Sprott then warned, “God knows when we get [...] KWN Today four-decade veteran John Hathaway told King World News, “We’re in the final years of what’s been happening since the 1930s.” The prolific manager of the Tocqueville Gold Fund also said, “Needless to say, the mainstream media has no clue about it.” Hathaway also warned the current system is “… now in its final stages.”
Here is what Hathaway had to say: “I continue to believe that gold is at the end of its year [...] From David Galland, Managing Director, Casey Research: … Personally, I look at Americans and I see a people who have been very effectively brainwashed, or who simply have given in to the entirely human tendency to shuffle unquestioningly onto the path of least resistance and let themselves go. I see a people who, on a wholesale basis, have consciously or unconsciously decided to trade the idea of America for the false security [...] “The Knight Capital disaster, along with the many technical problems that have preceded it, should be taken as a sign of how much unseen technology risk has entered the financial system in recent years, Patterson says. Computer trading systems and exchanges have now gotten so complex that the the next Knight Capital may be a “Too Big To Fail” bank, which wakes up to find that a similar “glitch” has [...] Summary: The last act of the EMU’s death throes has begun. We already knew the two possible endings: further unification or fragmentation. Now we can see far enough to guess about when and how it will end. Probably in a crisis, in which the odds of policy errors will be high — and the odds of unification are low. “It is a national and imperative need to officially ask our partners [...] It’s what we have here in the The Netherlands, and it accomplishes two important things; 1) Provides a smoother and more predictable stream of revenues that don’t decline as much when markets decline, and as importantly, don’t rise as much when times are good/bubbly. The latter under the current system of taxing capital gains can give states and federal government the illusion of being in better long-term fiscal shape than they really [...] It’s very disruptive and destabilizing to communities when a large corporation can simply uproot and offshore its production to China, Mexico, or anywhere else on the globe. The tax base gets destroyed and it leads to a “dismantling of the ladders of upward mobility that made the US an “opportunity society,” an extraordinary worsening of the income distribution, and large trade and federal budget deficits that cannot be closed by normal [...] Scapegoating the “irresponsible” borrowing by a subset of students is ignoring the elephant in the room. Student loans benefit from favorable treatment (for borrowers) under federal bankruptcy codes as well as from a quasi govt entity, Sallie Mae. Does this sound familiar? It should, because it’s very similar to the situation with residential mortgages that led to the enormous credit collapse in 2008. The excess supply of student loan credit, created [...] Uncle Sam, in a desperate attempt to fix its $16 trillion-plus deficit, is leering over Americans’ retirement nest egg as its new bailout fund. Capitol Hill politicians are assessing tax changes that could let the Internal Revenue Service lay claim to a portion of the $18 trillion sitting in 401(k) accounts and other tax breaks used by middle-class workers, including cutting the mortgage tax deduction. A commission looking for ways to close [...] BUT, the Euro is still dying. It has been a consistent theme here that any legitimate expression of democracy is fundamentally incompatible with economic growth and stability within the logic our current system. Whether we are talking about national referendums, political elections and the theatrical displays which accompany them or simply some form of legislative oversight on executive policy, they have all become much too costly for those attempting to [...] California’s great public pension battles are heating up, and may be headed for some kind of political explosion. The Legislature’s Democratic majority appears to be doing its best to ignore significant pension reform, even though Gov. Jerry Brown says the current system is “unsustainable” and an overhaul is needed to persuade voters to raise taxes this year. Democrats are reluctant to do anything that public employee unions oppose – such as passing [...] By Cameron Joseph - 02/24/12 01:35 PM ET Republicans are weighing a change to the party’s presidential primary rules amid fears this year’s prolonged nomination process is hurting the GOP’s chances of retaking the White House. The problems with the current system were discussed at length at both the most recent Republican National Committee meeting and at the Southern Republican Leadership Conference last month. Top RNC committeemen plan to reconsider the rules at [...] 1) It’s super easy to calculate 2) Everyone pays the same rate 3) It eliminates many of the wasteful activities that our current system causes, like tax harvesting for loss-making investments The wrinkle is that my tax plan wouldn’t be based on income at all, but rather on assets. I’d do away with ALL forms of income tax, including payroll, capital gains, interest income and inheritance tax. Instead I’d have a flat 2% tax [...] Yes, that’s true. We are debt slaves given the current monetary arrangement. My fundamental point is that we have a monetary system that can be used to prime aggregate demand without incurring additional debt. By maintaing the canard that we need to tax to reduce deficits or pay for goods and services only exaccerbates our national situation. The question is what monetary system works to ensure individual choice in the acquistion [...] kingworldnews.com With so many questions surrounding the stability of the financial system, John Williams of Shadowstats issued this warning in his latest commentary: “Annual Deficits of $5 Trillion Are Not Sustainable. Significant space was taken up in the government’s latest financial statements to assess the sustainability of the current system. Most of the material covered was overly misleading nonsense.” John Williams continues:
“Those looking at the current $80 trillion of government debt and obligations, [...] by The Economic Collapse Most Americans have no idea that the U.S. government once issued debt-free money directly into circulation. America once thrived under a debt-free monetary system, and we can do it again. The truth is that the United States is a sovereign nation and it does not need to borrow money from anyone. Back in the days of JFK, Federal Reserve Notes were not the only currency in circulation. Under [...] For a few decades now, the Communist Party in China has had an implicit social and political contract with the Chinese populous for decades, which goes something like: “We will deliver economic growth and improvements in your material living standards. You will meekly do as you are told, refrain from dissent, work hard, save a huge percentage of your money, and ignore obvious corruption.” While nearly everyone in China has benefited to [...] by Tim Staermose of Sovereign Man One Alarming Indicator From China For a few decades now, the Communist Party in China has had an implicit social and political contract with the Chinese populous for decades, which goes something like: “We will deliver economic growth and improvements in your material living standards. You will meekly do as you are told, refrain from dissent, work hard, save a huge percentage of your money, and ignore obvious [...] From Dr. Edwin Vieira, constitutional lawyer and monetary expert: If they were to void the current system as being unconstitutional, they would effectively blow apart the U.S. and global economy. But as they have no authority to even suggest an alternative system, they are faced with the reality that while they have the power to do great damage, they have no power to cushion the blow. And so, the Supreme Court [...] The flat tax is such a popular idea in conservative circles that Texas Governor Rick Perry is trying to revive his presidential primary campaign by proposing one. Except for the flat tax part. It turns out Perry’s plan isn’t flat, doesn’t eliminate the current tax code, as many conservative elites claim to want, and would likely blow a huge whole in the federal budget. Perry’s plan doesn’t scrap existing tax law altogether, but [...] Rep. Ileana Ros-Lehtinen (R-Fla.), chairwoman of the House Foreign Affairs Committee, meets with U.N. Secretary-General Ban Ki-moon in Washington in March 2009. (UN Photo by Eskinder Debebe) (CNSNews.com) – A U.S. House committee Thursday approved a bill linking U.S. contributions to the United Nations to significant financial and other reforms, one day after Secretary of State Hillary Clinton warned she would recommend [...] |
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Latest White House immigration move designed to buy votes in coming election: Obama to relax rules for illegal immigrants to become citizens
LA Times
April 2, 2012
Reporting from Washington — The Obama administration is proposing to make it easier for illegal immigrants who are family members of American citizens to apply for legal permanent residency.
On Monday, the Department of Homeland Security will post for public comment an administrative change intended to reduce the time illegal immigrants would have to spend away from their families while applying for legal status, officials said. The current [...]