Told Ya So!

Years ago, when I first began the Spiritual Economics blog I was writing that all of the economic crises are just political theater to Ooh! and Ahh! the people (in a scary way of course) all as a pretext to create a politically united Europe. If you know the game plan there is no mystery to what is going on. Based on public reaction the drama is tailored to make the political union the only and inevitable solution. Well, the day has arrived! Almost. Let’s say the countdown has begun and they may take as much as ten years to carry out the idea in an orderly fashion, but if they get impatient the system can implode and then a political solution will be assigned as the solution.

Yesterday the Guardian reported that discussions are underway to turn the European countries into a single political union:

“European leaders have drafted a radical plan to turn the 17 countries of the eurozone into a full-fledged political federation within a decade in an attempt to placate the financial markets by demonstrating a political will to save the single currency in the medium-term.

“The incendiary proposals for banking, fiscal, and economic unions resulting in a "political union" are to be debated at an EU summit on Thursday and Friday. Following two bad-tempered meetings of European leaders in Mexico and Rome over the past week, the Brussels summit looks likely to see major clashes over the future of Europe as well as the immediate crisis surrounding sovereign debt, bad banks and the euro's survival.”

They make it sound like it is the only way out of the mess. Of course, that is why the fiscal irresponsibility that created the mess was allowed in the first place. They wanted default. They wanted austerity. They wanted the ensuing chaos—to bring “order out of chaos.” Chaos is what you’ve got on the horizon, and the order they want is a new political and economic world order. 

The justification has been created. Says Mrs. Merkel: “Each country wants to help but if I am going to call on taxpayers in Germany, I must have guarantees that all is under control. Responsibility and control go hand in hand…If I give money straight to Spanish banks, I can’t control what they do. That is how the treaties are written.”

Well, gosh, do you suppose the treaties could be written in some other way??? Of course they can, but that’s not part of the script. Their must be some justification why powers in another part of Europe are controlling the finances of the rest of the continent. So Germany is demanding that national budgets be subject to their control as a prerequisite for “mutualizing” their debt.

The Telegraph reported it in a slightly different fashion, saying: the EU “would be allowed to change countries” budgets under draft plans, and the European Union could be handed powers to change countries budgets if they breach debt and deficit rules. Of course they will break the rules. What do you want to bet?

Sorry to say that there is no surprise here, and the people of Europe should know that they can cut to the chase, and maybe cut some misery in the bargain, if they just accept their overlords and be done with it, but that takes away all of the drama, right?

The next thing that we want to note is how this is being carried out—who are the “bad guys” in this whole affair? Why women, of course. The idea is that a woman is soft and any normal woman would want to inflict unnecessary hardship on anyone. So we have Angela (our saving angel) Merkal and Christine (Christ-like) Legarde (now head of the IMF) as the central characters creating this Faustian bargain making the former countries of Europe sell their soul to the monetary devil.

They would like to do the same thing in the Americas. What kind of crisis will they have to create to do that? Likely they will destroy the dollar. That's why the Dept. of "Homeland Security" has ordered 350 million rounds of hollow-point ammo! To keep the natives under control when their entire world is destroyed. Stay tuned. We know the plot, but how they carry it out will be interesting, to say the least.

Telling It Like It Is

In this scene from "Good Will Hunting," a movie that came out late in the 1990s and made Matt Damon a Hollywood star, Damon explains in just two minutes what Globalization is all about. If you haven't seen the film, Damon portrays a math whiz from a disadvantaged background who is being petitioned to join the National Security Agency of the United States. Here he shows that he knows more than just math.

In Memoriam

Bob Chapman of Economic Forecaster

October 16, 1935 - June 4, 2012

Another of our favorite economic writers has passed on, Mr. Bob Chapman. I thoroughly enjoyed his forthright language and his keen insights. He created and wrote for the Economic Forecaster. Now here is the strange part: he wrote this last piece, copied below, just the day before he died! Obviously his death was unexpected. His obituary states that he died from pancreatic cancer, which I know little about, but if he wrote this piece just three days back he must have been thinking and one could assume feeling fine. You don't write stuff like this on your deathbed.

Obituary

Robert "Bob" John Chapman, age 76, of Winter Haven, FL (formally of Mexico) died Monday, June 4, 2012 due to pancreatic cancer. He was born October 16, 1935 in Boston, MA the son of John Chapman and Ruth Donley Chapman. Bob was a veteran of the US Army, a writer of a news letter discussing finances and economics and a regular radio commentator discussing politics as well as economics and finances. Most of his working life he served as a stock broker.
Bob is survived by his wife, of 47 years, Judith "Judy" Dabrowski Chapman, son: Robert Michael Chapman, daughter: Jenifer Gillotti and her husband Matt, sisters: Dorothy Trecker and Joan Lotz and 4 grandchildren.

Parasites in Pinstripes With All Their Ideas

by Bob Chapman 2 June 2012

With the recent late night announcement from China and Japan as to their plan to bypass the US dollar and trade directly in the yuan and yen, this will bring about significant consequences for the US dollar's reserve currency status. As usual the socialist media groups are doing their best to keep this out of the public eye due to future toil this could take on the already strained US dollar. As China, the worlds largest import/exporter along with Japan as a major trading partner with China's slow withdrawal from the US dollar it only adds to the demise of the US dollar as a fiat currency will be slow and methodical, the only safe haven will be gold and silver.

The US economy with all its money printing and how interest rates still remain lagging at best and with consumer confidence slowly declining, the avenue to QE3 is being smoothly laid. With that being said precious metals are severely undervalued given the relativity as to what is occurring in the world as to where their prices should be, don't allow an over manipulated precious metals market fool you into believing otherwise. With QE3 on its way, we should see gold prices fighting their way upwards pulling silver along with it.

The US housing market's ongoing weakness along with its recent fall in home sales by 5.5 percent to 95.5 the lowest levels since December thus far is disappointing at best and could be the signal for the beginning of a downturn in an already lagging market.

With the housing market being one of the US economies toughest hurdles to overcome during an attempt at recessionary recovery and millions of current homeowners being underwater on their homes forcing them to be extremely cautious with their spending habits thus far causing a severe holding pattern for economic recovery, adding fuel to the fire are the abundance of unsold properties and the continuing foreclosures as is evident with the mid week report showing contracts fell 12 percent in the western US, 6.8 percent in the south, slightly lower in the Midwest, and a slight rise in the northeast. 

Another factor overshadowing the recovery is the faltering application demand for refinancing US home mortgages; they decreased 1.3 percent in the week ending May 25th. As would be expected, the National Association of Realtors downplayed the declines in pending home sales.

Views on the labor markets deteriorated this month. The board's survey showed 7.9% of respondents think jobs now are "plentiful," down from 8.4% thinking that in April. Another 41.0% think jobs are "hard to get," up from 38.1% last month.

Confidence among U.S. consumers unexpectedly fell in May to the lowest level in four months as optimism about employment prospects faded.

The Conference Board’s index decreased to 64.9 this month from a revised 68.7 in April, figures from the New York-based private research group showed today. Home prices in 20 cities dropped in the 12 months ended in March at the slowest pace in more than a year, according to another report.

The share of Americans expecting fewer job opportunities in the next six months climbed to the highest level since November, raising the risk that consumers will limit spending. A 30-cent decline in gasoline prices since early April failed to brighten spirits, showing that more progress is needed in the job market.

“Gasoline prices aren’t doing the trick,” said Aaron Smith, a senior economist at Moody’s Analytics Inc. in West Chester, Pennsylvania, whose forecast was closest. “We are making progress when it comes to the labor market, but clearly this is another sign that it’s still very slow going.”

Stocks gained after Greek opinion polls eased concern the country will leave the euro. The Standard & Poor’s 500 Index climbed 1.1 percent to 1,332.42 at the close in New York. Crude oil for July delivery on the New York Mercantile Exchange settled at $90.76 a barrel, down 10 cents.

Home prices in 20 U.S. cities fell 2.6 percent in the 12 months ended in March, the smallest decrease since December 2010, according to an S&P/Case-Shiller index of property values.

By Mike Krauss Bucks County Courier Times

For almost four years, the administration and Congress have showered money, protection and even praise on those who caused an economic catastrophe that still rolls across America like a slow motion tidal wave.

It is crystal clear who Washington represents, and what the American people can expect from the next administration and Congress -– more of the same, rhetoric and excuses. But the needs of the American people can’t wait another four years. States and local governments must do the job Washington will not. New leaders and new ideas are urgently needed. One such idea is public banking.

A public bank, such as the hugely successful Bank of North Dakota (BND), is capitalized with public funds, has one shareholder — the people — no outrageous compensation for managers and no incentive to gamble.

A public bank partners with community banks, credit unions, other local financial institutions and municipal governments to provide the sustainable and affordable credit that is essential to support locally directed economic development, restore vital public services and create jobs.

Wall Street hates the idea, fearing the loss of trillions of dollars of state and municipal deposits, and the huge fees they reap for providing cash management, payroll and other services that states and municipalities could provide internally and at far lower cost -– if they owned their own bank.

The parasites-in-pinstripes argue, “But your state is broke. Where will you get the money to capitalize a bank?”

But are the states broke? An examination of the finances of U.S. states and municipalities turns up an astonishing fact. They keep two sets of books.
The one that gets all the attention is used for operating budgets, and generally paints a picture of state and municipal budgets stretched to the limit. But the other set of books, required by law and called the Consolidated Annual Financial Report (CAFR), indicates that there is public money stashed all over the place. Nationally, it amounts to trillions of dollars. California, with its giant economy, reports more than $600 billion in these “off budget” funds. In Pennsylvania, the total is about $91 billion -- not exactly small change –- and it can be found in the state’s 2011 CAFR in three categories. Proprietary Funds, generated when a government charges customers for the services it provides. Fiduciary Funds, in which the state acts as a trustee to hold resources for the benefit of others, such as pensions; and Component Units, which are legally separated organizations for which the government is financially accountable, and the revenue is derived from assessments, fines, penalties, licenses, etc.

If only 20 percent of these funds were used to capitalize a bank and were leveraged at a conservative ratio of 8-1, Pennsylvania could inject more than $145 billion into its economy, creating an economic revival on a scale never before seen. Wall Street responds to this prospect with scare tactics. “You mean put 20 percent of your pensions at risk?”

To which proponents rightly respond, “No, we mean get those pension funds under better and more productive management.”

As the New York Times reported, the $26.3 billion Pennsylvania State Employees’ Retirement System (PSERS) has more than 46 percent of its assets in what analysts describe as “riskier” alternatives, including hundreds of private equity, venture capital and real estate funds. PSERS paid about $1.35 billion in management fees in the last five years and reported a five-year annualized return of 3.6 percent. “That is below the target needed to meet its financing requirements, and it also lags behind a 4.9 percent median return among public pension systems. “By contrast, Georgia’s $14.4 billion municipal retirement system, which is prohibited by state law from investing in the alternative investments favored in Pennsylvania, has earned 5.3 percent annually over the same time frame and paid about $54 million total in fees.” Even adjusting for the size of the respective funds, Pennsylvania retirees paid out 13 times more in fees than Georgia, for a worse result.

The conservatively managed BND produced a 17 percent return on equity last year, while the PSRS reported in a press release that it had “achieved” a 2.7 percent return for 2011 -– not even meeting the previous and anemic 3.6 percent average return. That’s like boasting about a C- report card.

A far more prudent and productive policy would be to rein in risk-taking fund managers, reduce their gigantic fees and shift at least 20 percent of investments from their riskier deals into the lower risk, higher return equity of a public bank.

A closer look at Pennsylvania’s 2011 CAFR turns up another interesting item. At page 99, there is a discussion of how these off-budget funds manage the risk of investments in 36 foreign currencies.

Foreign currencies? Thirty-six? The high-rolling fund managers are shifting billions of dollars out of the Pennsylvania economy, and into foreign economies and job creation, while Pennsylvanians go begging.

Even a modestly capitalized public bank can put billions of dollars of affordable credit to work in Pennsylvania, generate substantial non-tax revenue as a direct return on investment and increase local and state tax revenue in an improving economy.

A public bank has the capacity to turn a tidal wave of economic devastation into a wave of opportunity and prosperity. Pennsylvania needs to catch that wave.

http://www.opednews.com/articles/Pennsylvania-broke-unles-by-Mike-Krauss-120529-121.html

(Reuters) - JPMorgan Chase & Co has sold an estimated $25 billion of profitable securities in an effort to prop up earnings after suffering trading losses tied to the bank's now-infamous "London Whale," compounding the cost of those trades.

CEO Jamie Dimon earlier this month said the bank sold corporate bonds and other securities, pocketing $1 billion in gains that will help offset more than $2 billion in losses. As a result, the bank will not have to report as big an earnings hit for the second quarter.

The sales of profitable securities from elsewhere in the bank's investment portfolio will increase its costs by triggering taxes on the gains and by eliminating future earnings from the securities.

Gains from the sales could provide about 16 cents a share of earnings, about one-fifth of the bank's second-quarter profit, analysts said. But rather than creating new value for investors, the transactions merely shift gains in securities from one part of the company's financial statements to another.

"They really made two stupid decisions," said Lynn Turner, a consultant and former chief accountant of the Securities and Exchange Commission. The first was taking risks with derivatives that they did not understand, Turner said.

"The second is selling assets with high income that they can't replace," Turner added. In a low interest-rate environment, the bank will struggle to generate as much income with the cash it received from selling the securities, he said.

Dimon first disclosed the sales on May 10 when he announced the derivatives losses generated from the bank's London office and trader Bruno Iksil -- dubbed the "London Whale" in credit markets due to the size of the trading positions he took. Dimon noted that the bank has another $8 billion of profit it could gain by selling an array of debt securities.

It remains unclear exactly when the bank sold the securities, and the bank has not detailed the value of securities it sold. Given the drawbacks of the sales, it also is unclear how many more the bank will sell to bolster second-quarter profits. To be sure, the bank may have additional reasons for making the sales, and the sales do not violate laws nor are they likely to hurt the bank's stability.

A JPMorgan spokeswoman declined to comment beyond the company's public statements.

$380 MILLION TAX BILL

However, based on disclosures that show the bank has historically realized less than a 4 percent gain from selling these kinds of securities, JPMorgan would have to sell $25 billion in securities to generate $1 billion in gains, according to a Reuters analysis of the bank's practices.

Taxes on the gains, if calculated at the 38 percent tax rate that JPMorgan uses to illustrate its business to analysts, would mean a $380 million cost to realize the gains. That would leave a net gain to earnings of $620 million, or 16 cents a share.

Before the sale, the gains would have existed on the bank's books as so-called paper profits, and would have been included on its balance sheet. But when the bank sold and realized the gains, they moved to its income statement as profit.

Paul Miller, an analyst at FBR Capital Markets, said the bank should skip the asset sales and "just take the pain" of reporting lower profits.

Dimon, too, has said he is reluctant to cash in good investments. He highlighted the tax issues in selling these securities when he spoke to analysts May 10.

"We can take some of those gains and we can take them to offset this loss," he said. "But usually it's tax inefficient, so we're very careful about taking gains."

Yet the bank is under pressure to show strong profits. Its stock has fallen 18 percent since the day before it disclosed the losses. It closed Friday at $33.50.

The bank currently is expected to report earnings of 90 cents a share for the second quarter, according to analysts surveyed by Thomson Reuters I/B/E/S. That compares with $1.24 a share before the derivatives debacle was disclosed and $1.27 a share that the bank reported a year earlier.

LOSSES COULD INCREASE

Dimon has not said who at the bank decided to sell the securities. Nor has he said if the decision was made before he knew that the derivatives losses could top $3 billion and before he told analysts on April 13 that reports of trouble with derivatives trades were a "tempest in a teapot."

Meanwhile, the bank's losses could grow, which could increase pressure on the bank to continue securities sales. Some analysts have said the total losses could exceed $5 billion, since the credit derivative markets in which the trades were made are thinly traded and current prices are not favorable to JPMorgan.

The pool from which the securities were sold included, as of March 31, corporate debt securities with an average yield of 3.15 percent and mortgage-backed securities yielding 3.41 percent, according to a company filing. Using the cash to buy back similar securities would not produce yields as high, analysts said.

The financial industry has gone through periods in the past when banks cashed out good assets to cushion losses, said former SEC Chief Accountant Turner. It happened during the U.S. savings and loan crisis in the 1980s, abated during a period of tougher regulatory scrutiny and fewer losses, and then came back during the latest financial crisis.

But the costs are significant. In statements about the latest losses, Dimon has been careful to emphasize the disadvantage of paying more taxes, said Chris Kotowski, an analyst at Oppenheimer & Co.

"I think he was trying to tell you, 'Don't expect us to offset all of these losses,'" Kotowski said.

Article source

Slave or Free?

Most people think they are free persons. Ha! Free only due to our cultural conditioning. Here is a little video that takes the blinders off and helps us to see things as they really are.

Even a Child Can Understand the Ruse

In the video below 12 year-old Victoria Grant explains why there is a debt crisis and how it can be solved. No, she is not reading from a tele-prompter (like most politicians do). The money system is not difficult to understand—even a child can understand it—and it is painfully obvious to anybody who takes the trouble to educate themselves about this important matter, that the people are enslaved to the banking interests. So what shall we do? Knowingly continue to live as slaves? Or shall we find a new way of living that allows us maximum freedom?

The problem, that is not stated here, is not the banking system in and of itself (it didn't create itself), but the people behind the banking system—the banksters, and the politicians who have aided and abetted this theft, for a hundred years.

What is going to be done with them? They are the problem and they are not just going to say "aw, shucks, I'm sorry" and promise to be nice. They are demonic and will find a way to exploit any monetary system that is created. If you need an education on this fact learn the diabolical history of money from Bill Still here.

Moreover, it is not likely that they are just going to roll-over and let go of the control of the world that they have enjoyed for millennia. They are going to use every resource they can command to keep the slavery going, and in fact that is just what they have in mind with their New World Order. Since they don't need 7 billion slaves they will do their best to kill 95% of them (us) and totally enslave the rest—no question about it. What's going to stop that from happening? In our opinion there is no solution without a spiritual revolution!

The BIG Picture Get's Bigger
and Even More Disturbing 

Researcher Sophia Smallstorm talks about chemtrails in this video, but she goes far beyond what just pointing out lines in the sky. She takes it from there to present plausible ideas of how artificial life-forms are now growing in the bodies of almost everyone in the so-called first-world countries that are being relentlessly sprayed day-in and day-out. She goes from lines in the sky to explain the New Man, who is neither male nor female, not intelligent, has no passions, interests or desires, but is instead an obedient slave that is made for the purpose of performing menial tasks without the fuss and friction that real people often generate. She paints a very real and compelling picture that this is our future...unless we do something to change it.

What kind of diabolical, demented, demonic minds come up with this stuff? Psychopaths. aka Raksasas. There is a known way to deal with them. Only one. And you have a part to play.

"The Complete Economic Slavery of Humankind" Coming to a Neighborhood Near You!

This may be old news depending on how much you stay current with the economic news. The information here is at least four years old, which is when I wrote this piece. But it may be news to some so I will post it as it provides a decent springboard for where I want to go in the coming posts. What I am going to write about there are the reasons why the world is working as it is—I mean the root causes, meaning the spiritual reasons behind it all, which is the actual bottom line for how this world works. Stay tuned for more...

The Washington Consensus Rapes the World, Including America

In his revealing book Confessions of an Economic Hitman author John Perkins reveals how nations are trapped into debt slavery. The leaders are “convinced,” as in gangster economic practices, to take loans far beyond the ability of the country to repay. When the inevitable becomes apparent and the country is without means to pay a number of concessions are asked for, and granted. The burden is born by the people at large in the form of cuts in education, hospital services, welfare programs, retirement programs, increased prices of necessities and higher taxes. Public utilities are sold for a song and rates go up exponentially. Even with the austerity measures in place there is not enough to pay down and eventually eliminate the loans. They will go on in perpetuity, and the people will remain debts slaves perpetually as well.

This approach was led by the World Bank and International Monetary Fund (IMF) under the ideal of the Washington Consensus.

The consensus included ten broad sets of relatively specific policy recommendations:

1. Fiscal policy discipline, with avoidance of large fiscal deficits relative to GDP;
2. Redirection of public spending from subsidies toward broad-based provision of key pro-growth, pro-poor services like primary education, primary health care and infrastructure investment;
3. Tax reform, broadening the tax base and adopting moderate marginal tax rates;
4. Interest rates dictated by market forces;
5. Competitive exchange rates;
6. Trade liberalization: liberalization of imports, with particular emphasis on elimination of tariffs;
7. Liberalization of inward foreign direct investment;
8. Privatization of state enterprises;
9. Deregulation: abolition of regulations that impede market entry or restrict competition, except for those justified on safety, environmental and consumer protection grounds, and prudential oversight of financial institutions;
10. Legal security for property rights.

Under the IMF jurisdiction, the same “menu” of budgetary austerity, devaluation, trade liberalization and privatization applies simultaneously in more than 150 indebted countries. Debtor nations forego economic sovereignty and control over fiscal and monetary policy, the Central Bank and the Ministry of finance are reorganized, state institutions are undone and an “economic tutelage” is installed. A “parallel government” that bypasses civil society is established by the international financial institutions (IFI). Countries that do not conform to the IMF’s “performance targets” are blacklisted.

When countries are indebted beyond their ability to repay, the loans are restructured, rescheduled and converted according to schemes put forward by the creditors. These schemes are conducive to increasing the debt, but making sure that the interest payments are made promptly. As payments fall behind schedule the international financial institutions oblige them through “loan conditionalities” that redirect their macroeconomic economic policies to favor the interests of commercial creditors and multi-national corporations.

Under WTO rules banks and multinational corporations were able to manipulate market forces leading to the outright colonization of national economies. The WTO articles gave the global banks and multi-national corporations the means to destabilize institutions, drive national producers into bankruptcy and take complete control of entire countries. Leaders of those countries were unable to act without clearing their intentions with the IMF and World Bank.

For an example of what took place everywhere take the case of Peru. After the IMF-World Bank programs were implemented by President Fujimori in August 1990, fuel prices increased 31 times almost overnight, bread prices increased 12 times, while the minimum wage declined by more than 90 percent compared to the mid-70s. Prices were unified and brought up to world levels although wages were as much as 70 times lower in the 3^rd world as in the United States and Western Europe.

Peru is not an isolated case by any means. In his book The Globalization of Poverty and the NewWorld Order economics professor Michel Chossudovsky details how the Washington Consensus was carried out all over the globe in the name of establishing the “global economy.” He was present in Argentina when Pinochet’s coup overthrew the government of Allende and in Chile a few years later almost the exact same circumstances were repeated. Traveling around the world he observed, in country after country, the same effects of the Washington Consensus:

• Somalia: the entire social fabric of the pastoralist economy was undone through duty-free beef and dairy products from the EU.
• Rwanda: the restructuring of the agricultural system let to widespread destitution and genocide.
• Ethiopia: the Structural Adjustment Program led to starvation.
• Bangladesh: a devaluation and price liberalization exacerbated famine. Deregulation of the grain market meant dumping of US grain surpluses.
• Brazil: enhancement of social polarization by supporting the land-owning class.
• India (Andhra Pradesh): repeal of minimum wages and support of caste exploitation
• Yugoslavia: serving the strategic interests of Germany and the US by cutting the financial arteries between Belgrade and the republics.
• Korea, Thailand, Indonesia: the vaults of the central banks (US$100 billion) were pillaged by international speculators.

We need only look at the results of several decades of “help” by the World Bank to understand what has been going on. In 1970 developing countries had US$62 billion in outstanding long-term debt. By 1980 it had increased seven-fold to $481 billion, by 1998 another several decades later the debt stood close to $2 Trillion, up 32-fold compared to 1970. This is nothing but load-sharking. It is economic colonialism to replace the old fashioned kind where one had to actually live in the conquered land and subdue the natives. Now they are subdued by economic forces—a lot less toil for the overlords, and they needn’t get their hands dirty. And they needn’t even bother with their own “home” country since they are islands unto themselves. Suck the wealth out of them too!

The same IMF policies were applied in more than 150 developing countries creating poverty and dependence.

You heard the heads of state all calling for a New World Order after the crash of ’08 didn’t you? (if not read this). Let’s be clear about this: the NWO is nothing more than economic slavery! And all the heads of state are in on the action, including the pope.

What are the countries, er, excuse me, states, as they are now called since we already have a global government...what states are not counted among those 150? Yes, the so-called first world nations, the ones being brought to heal right now—Europe and America. Although the apparent cause is different the result is the same—wealth is being sucked out of the pockets of every human being and being given—not to the banks—but to the people behind the banks that you will never see.

Let’s be clear about this, the economic problems in Europe and America are deliberately being created the same way that they were in the rest of the world, and for the same purpose—to enslave us. People are looking for the silver lining to this dark cloud, but it’s not going to be found. In fact, this cloud is going to get darker and darker until the world controllers get what they want—absolute control over everything and everybody!

Or...

Or until the people stop playing their game. They have created the game of money, and everybody has to play. The rules are simple: the bankers win and the people lose. And guess what? That’s what happens again, and again, and again, and again. Every generation buys into the same lames excuses: it’s the market’s, it’s the wages, it’s the exchange rates, it’s this and that...Bunk. The game is rigged. Did you see George Carlin explain it? In his usual direct and profane way he tells it like it is. I hope your offended by watching this. Not by George Carlin, but by the status quo that does to you exactly what he says they do. If so maybe you will start doing something different!

For example, stop playing their game of money! Instead play a different game based on different rules that prevents them from making us slaves. It’s called a gift economy. Most people can't do that because they are too envious of others to give to them, and that envy is being used to enslave them! Their own weaknesses are being used against them. Get Up! Stop being a moral weakling. Get some backbone so that we can stop being slaves. If we stop using their money, and stop playing their game, they will have no way to control us.