RSS The Daily Climb-Daily Posting Of Relevant Content

RSS BeforeItsNews Feed

RSS The Economic Collapse

RSS Zero Hedge Feed

RSS Confounded Interest Feed

RSS The Pete Morin Blog Feed

RSS Evil of indifference Feed

RSS The Thinker Feed

RSS Modeled Behavior Feed

RSS Politics and Computers Feed

RSS BlackListedNews Feed

RSS CRISISBOOM Feed

RSS Franke Schein Survival Feed

RSS Homelessness In Savannah Feed

RSS Ye Olde Soapbox Feed

RSS The Daily Bail Feed

RSS Chaos Sweeps Away …. Feed

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 190 other followers

Archives

Crash Course


     After all these years of nefarious and fraudulent shenanigans between central banks, you would think that people could avoid getting fooled, again. If you feel like you’re running a marathon on black ice, in the dark, at least you have some evidence of common sense. Perhaps you’re still sore from landing on your tailbone, in 2,008.

Read the rest of this entry »


Purpose Driven Defects: Hidden Players


Purpose Driven Defects: Hidden Players

Purpose Driven Defects
Hidden Players
This is an interesting scenario. I wish this were the only variation on this theme. Then, someone could tell me that the world isn’t as crooked as I say it is. The heart of man is deceitfully wicked, above all things. Played out many times in the last 30 years, any legal conflicts never exposed all of the parties involved, in the same litigation. One hand is literally clueless to the existence of the other. Documentary separation precludes both hands being caught in the cookie jar, at the same time.
At the top of this food chain is a bank trustee to sign off on everything. Next, there is at least one loan officer, to make the paperwork look good. Rounding out this cabal is a real estate broker, an insurance broker and 4 to 6 investors. Just to illustrate the financial clout in one of these arrangements, if the buy-in to the group is $50,000, that’s a total of as much as $450,000 in seed money. Once the consortium is rooted and established, it could be collecting 2% interest on as much as $6 million in mortgages. Let’s take a look at the possibilities.
Scenario #1 A mortgage applicant walks into the bank and sits down with the loan officer. He doesn’t have the required 20 % down payment. Yes, I know that a lot of creative financing has gone under the bridge since those days, but that is exactly the practices under discussion here. The loan officer looks over the application. He sees the negative against approval by the bank and says, “No problem! “We” can get you financed.” The applicant is sent to the real estate broker. An agreement is written, containing 2% more interest that the holding/funding company can get on a mortgage. One important point must be made, here. In many instances, the funding source is not presenting itself or acting as a lending institution. It isn’t until there is a legal conflict that people discover that they only thought they had a “mortgage” with the “bank”. In reality, the funding company jumped the applicant on the sale, then made agreementon a private sale by owner, with private terms. The fuinding company bought the property, and the applicant helped make the down payment. Technically, the applicant doesn’t own the property until the terms are satisfied. There is a closing, but it isn’t as the applicant believes. He’s in the property , under license.
As an example, if the sale price is 150,000, the applicant gets a much more expensive deal than the den of thieves. He has 20,000 down and a financed amount of $130,000. The cabal $30,000 down, a financed amount of $120,000 and an interest rate 2% lower than the applicant. Over time, the payoff amounts widen and it’s a winner for the funding company. In some cases, the money people had lines of credit equal to their investment. Effectively, they risked nothing. I’m sure you’re aware of all of the self help real estate books and videos about using “Other Peoples’ Money”. This is one opf those brilliant ideas.
Scenario #2 In this scenario, the fun is just beginning. After 5 years, either the funding source or the original applicant finds a buyer for the property at $200,000.
There are enough carrots dangling here, to make everyone happy. The applicant is offered his equity and appreciation, plus a $20,000 “commission”, if the funding company writes the new agreement. There’s nothing like bringing unwitting and unaware in to do their bidding. However the chips fall, the funding company makes a lot of money, especially if the original applicant “buys” another property, through them. In a rising market, it has proven to be easy to do, with no disruptions to risk exposure in litigation.
Scenario #3 This one is everyone’s nightmare. A declining market, growing numbers of defaults, and uncertainty about the future begin to wear on the money machine. The negative cash flow runs back up the pipeline in a shockwave. Capital sources dry up. Banks fail. Holding a lot of inventory that isn’t producing income puts a business, out of business.That should explain ehy the only word thast people want to hear is “recovery”. When the wheels fall off of the currency everyone loses except the Federal Reserve. The system acquired the assets for the printing costs.
All of the details in these scenarios don’t exactly fit any single individual or institution. The pattern however, is much deeper and ingrained in the United States. If people learn how things work, it’s because the Federal Reserve taught them. Once people learn how to create “money” out of thin air by terms of sale and the wiggle room in fractional banking, unwary people are ripe for the plucking. No one runs the Bait-and-Switch better than the Federal Reserve. They built the cracks that are the reason the “owner” of a property can be officially listed as “occupant”. In the illusion of the Federal Reserve world, no one owns anything and everything is under central Fascist management. As strange and dangerous as this Brave New World is, people still want to be good, loyal little Corporatists. When their turn comes to take one for the team, the newest version of Der Feuhrer will say nice things about them after they’ve gone conquering for the Homeland. They went too far too back out. Now, they just hope for the best, and legally support the worst.
“People stand silent in the presence of corruption, to fall back in the small comfort of passionate defense of virtue they should have displayed, before the fact.”

Consumer credit card debt rises, and this is supposed to be a good thing (via 100gf | Politics and Computers)


This mindset apparently didn’t take enough of a beating for the lesson to sink in. Ever since consumer debt became a component in the GNP, it seems that debt is the driving force in the U. S. economy. Wall St. responds very negatively to any actions adverse to the interest in buying U. S. debt. The only logical conclusion is that debt is a critical and strategic product and export of the United States. What was once known as criminal fraud is now accepted practice.

Remember that crippling financial crisis that was partly caused by high levels of consumer debt? Well it seems we're emerging from the worst of it. How do we know? Because consumer credit card debt is on the rise! Does it seem odd to you that one of the clearest sign that we're recovering from debt-fuelled catastrophe is the fact that debt is accumulating once again? If so, perhaps you share the opinion of those who believe that the 'recovery' pr … Read More

via 100gf | Politics and Computers


The Other Shoe?


                                         “The Other Shoe?”

This is just a reminder from my archives. Originally published in June of 2009, this post shows how central banks work the Bait-And-Switch and the Shell Game. We will see this repeated in Greece, Ireland, Portugal, Spain and any other country that bought into the Ponzi scheme. We see interest charged on ledger entries. In reality, the legal definition of money never entered into the transaction and the rhetoric that went with it. Interest is charged on fiction and nations pay with reality. This is how central banks conquer countries with the stroke of a pen.

Just when we thought there was quiet on the bailout front, we get news. Some of the biggest banks are ready to repay billions, but only if the administration will let them. Debt moves from one ledger to another, they call it paid, and the experts are still nervous. We should not buy cars from these people. The repeat offenders have gone way past three strikes, robbing Peter to pay Paul. Apparently, every silver cloud has a manure lining. The short little article in the June 8th Denver Post, written by Binyamin Applebaum and David Cho of the Washington Post covered the bases, pretty well. At least the article acknowledged that this wasn’t actually repayment, but refinancing, through other government programs. This is the same kind of fancy bookkeeping that kept Bernie Madoff out of trouble, for so long. Oh, excuse me. We have experts, now. Are they more expert than they were, in September? They can’t be very bright if they don’t see the same debt load, sucking the life out of the alleged recovery, that I see.

Since September, official statements have implied a perpetual state of revolving debt. The trigger on the next phase of the collapse could be the same funds listed as assets on different institutions books, as assets. In the fractional banking system, that has been possible and by all accounts at various times in history, accepted practice. If currency that doesn’t actually exist can be loaned, how do you prove who really doesn’t have it? there is no pea under any of the walnut shells. Better put some extra currency in the mattress. The pea might be under there.

Some of the quotes from the article are better than reading the comics. The title says, “Doubt lingers ……. “. Oh. That’s what that smell is. The part that stinks is that government borrowed debt and all the taxpayers get is the obligation to pay the interest. In the case of Chrysler, the get stuck with all of it. If the banks get out of the bailout plan, they are then free to pay their executives big bonuses, again. This looks like the second round of the same scam. The only change is that the taxpayers are deeper in debt than ever before. The only change in process is that the economy is now a board game without rules.

The article addresses the concern that all of this bailout activity has created an “artificial environment”. Does this suggest that there was anything real in the last 2 or 3 decades? Alice encounters the White Rabbit on the Planet of the Apes. Yes, that could happen, . . . . . on TV. It’s more likely that small businesses will collapse in droves as the bottom drops out of consumer spending. Microsoft threatened to move jobs out of the U. S. if they don’t get tax breaks on their foreign profits. Could this be the start of something big? Will we hear a “stay the course” speech in the Fall? At present, the “course” may be messy slog through the international swamp. I did say that foreign demands would overwhelm domestic regulation. As reported in the June 9th Denver Post, Canada and the EU are upset about “America first” stipulations on the use of stimulus funds. We’ll see where that comes out. U. S. taxpayers money, U. S. taxpayers jobs. Plainly, this is not the foreigner’s house. It’s not a good time to be sacrificing U. S. jobs. “Unemployed Congresspeople” has a nice ring to it. Since U. S. taxpayers are on the hook for all that stimulus funny money, giving it away to Canada and Europe would bring on economic storm clouds, at a very inopportune time. In fact, the taxpayers are paying for the jobs of the Federal corporation and every stick of furniture in the place. In fact, fire the whole bunch and let the State legislatures run the place. The farther this crisis goes, the more obvious it becomes that the Federal corporation is pricing itself out of the marketplace.

This is one of those moments when the Globalist agenda is out in the open, for all to see. That indicates enough trouble on the horizon, even if there were no mismanagement and embezzlement. For those gluttons for punishment that still believe in staying on to pay their fair share of the Federal debt, at least speak in terms that can be understood. As long as people insist on underwriting bad debt, they have a proprietary claim on both their jobs and the Federal payroll. If domestic jobs fall by the wayside, it should be Federal jobs that go, first. Accountability without punishment is lawlessness.


Playing Both Ends


“Playing Both Ends”

Playing both ends against the middle may be standard procedure in the Corporatist philosophy, but it is a very dangerous practice. In every account of conflict, both sides discover eventually, that they only thought they had the deal that they wanted. The strange wrinkle in human nature that puts diplomacy on the backbone of corruption allows wiggle room to change the meaning of words and terms of the deal. So it is, in the Corporatist political structure. The faces and speeches may change, but the fact remains that conflicting and often contradictory demands can not be resolved. Anger management doesn’t work, here.

We see examples of the vertical failures in public policy, every day. In every area, social, economic and political, the top-down edicts from the administration don’t work at street level. They never did, without a military threat. The location becomes secondary to the factional and sectarian private agendas within government. Government doesn’t need a middle ground to play the ends against. As current agendas play out, an unresolved debate is sufficient. While factions get bogged down in details, no agreement is required to commit theft. Corruption is made difficult to identify if no terms are set. As things simmer along, the current global economic crisis will see the objectives of Commerce implemented in classic Corporatist fashion.

Whether it be in the board rooms of corporations or in the international realm of diplomacy, the wheels of blockade and embargo, invasion and conquest will grind on to their destination, subjugation. The machine of global Corporatism constantly seeks more fuel to run it’s anti-human machine. As diplomacy gets bogged down in scraping embarrassment from it’s shoe, the battle for land and resources will certainly intensify. Property is more likely to be stolen than blown up. Domestically, we see the nationalization of industries. Internationally, we see growing Corporatist domination at the hands of the central banks’ hatchet man, the United Nations. The trap that humanity finds itself in requires people to seek escape and independence. Outside motivation comes too late to be of value. Such basic needs are only successful if acted on by internal decision in each individual. To walk away from the crowd may seem uncertain at the moment, but it is the time-honored and proven path to liberty.

Corporatism tells everyone what they want to hear, ignoring obvious and impossible incongruities, contradictions and public exposure. People are so desperate to believe the “Yes, we can” that they go deaf when history says, “No, you can’t”. For 40 years, we have heard administrations quote Hitler, Stalin and Roosevelt in the spirit of Corporatism. The way each of their labor camp systems divided the world each had their unique charms, but they all worked toward the goal of an Incorporated purpose for a conscripted populace. Individual autonomy and self-determination are now cornered fugitives in the abandoned building that once was America. Because Corporatism sees each generation as a crop of human resources, it is naturally destructive. It is no compliment to be seen as a renewable resource. For the individual, it is a total loss system. If people are satisfied with finding nobility and fulfillment in corporate sacrifice, let them have their fate. The test is whether or not American principles will overcome that totalitarian lie.

We only know the sequence of events and judgments of historians as they are taught to us. We should be greatly disturbed by every instance that requires us to turn our backs on our heritage. The respect for life and independence that was once a given is replaced by a hunger for Corporatist conquest in the marketplace. Unfortunately, the fear of poverty keeps people playing the debt game, trying to break even. That fear causes people to act against their interests. They have chosen more bureaucratic intervention and intrusion in their lives, taking on more trouble than they began with.

When systems break down, they drag people with them. The assets of the individual are then liquidated and absorbed into the corporate State, for “the greater good”, as embodied in the survival of the corporation. Do we seek life, or do we stay in our seats, frozen in fear? “Refugee” is just a polite term for “casualty”. There is no justification for abiding in such a circumstance. There are no neutral positions. There are only predators and prey. Generations have been taught to accept the latter, without dissent. The independent option is systematically and institutionally discouraged. We are taught to submit ourselves meekly, as spoils of war.

How do we reach the independent goal of life in liberty, seemingly just over the horizon? Obviously, the Corporatist structure has no interest in a freer, better world, in the future. Taking a harvest from it, yes; being restrained by any moral precept, no. We are taught that participation is mandatory. At present, the cannibalistic nature of Corporatism limits general predation. The bureaucratic conflicts among power structures seek bigger prey than the individual citizen. For the little fish, a barracuda is more dangerous than a Great White shark. This is the state of existence in the experience of humanity. America has been a rare, sheltered cove in the storms of war. To weather the present storm, we must be diligent in our training in the training that previous generations rejected. We may have been deceived, but people who discover that they have been lied to are most persistent in pursuit of the truth. Corporatist power is always directed at limiting the range of thought and silencing the voice of free people. A thief, caught in a lie, always resorts to murder. Revision of keep witnesses buried. So too will guilt build inn the corporate structure until it collapses or it’s components devour each other.Every empire in history has suffered this fate. It is the fragments that sprouted to torment future generations. Those who live by predation, are consumed by it. The path through the destruction is there for those who seek it. Answers only work by living them. Fortunately, we still have a will to live that keeps us moving. Survival is one victory. Independence is another. Repeatedly stringing those victories together is the pursuit of happiness.


HARVESTING WHAT?


                    “HARVESTING WHAT?”

Knowing the history of the bureaucratic hardship imposed by the state of emergency in Agriculture didn’t help ease the reading of the article on the front page of the June 3rd, 2009 Denver Post. That state of emergency was declared in 1934 and is in effect, today. The article, titled “More farmers losing hope”, by Miles Moffeit told the story of financial hardship, stress from uncertain markets and of all things, a suicide prevention hotline for farmers. A study of agricultural history in the U. S. specifically, and the world in general, details the Corporatist seizure of the ability to produce food. When power and control override independence, we see this stress become the norm. At one time, farms were profitable and didn’t need the banks for anything. With the consolidation of the past 75 years, farmers are now the odd group on the outside, looking in. This is why farmers are under so much stress. Just as on every other inhabited continent, the corporate war is against them. The first action of tyrannical governments is to seize control of food production and use it as a weapon. As agriculture goes, so goes the nation. Forget General Motors.

The National Organization for Raw Materials (N. O. R. M.) http://www.normeconomics.org  compiles a yearly table of production data, by area of production. It is a very good history of economic activity. The numbers are certainly very down in these days. With farmers being squeezed out and forced of the land, the work that should be the strength of the nation is under severe attack. While the urban public fails to defend their rural neighbors from corporate commercial attack, they should stop and think about where their food comes from. We must get past ignoring issues until they become a crisis. People will certainly take notice when food either is in short supply or costs twice what it did, a year ago.

Obviously, local independence is in our best interest. When the bottom lines of the banks became more important than the natural order of production and local distribution, the war was on for control of markets and land. This is why we must support farmers markets and local barter systems for goods and services. When we began accepting the paper Ponzi scheme, we became enslaved and exploited. We must understand that the fate of our neighbors is inseparable from our own. Looking for toll – free numbers to call or grant applications to fill out is a dead end in the same debt swamp that caused the original problem.

After decades of sowing debt and reaping poverty, the lesson should be clear. All of the experts with defective educations have led us to the edge of economic conquest by foreign interests. Consumers and farmers must defend each other from the attacks of the Globalist invaders. For too long, the combination of business and politics has invited invasion. Only by direct, local interaction can the outside oppression be excluded. Before Corporatist foreign agendas put farmers out of business and take food off the tables of America’s families, repudiation of the bureaucratic corporate structure must come.

We make choices, every day. At some point, our daily lives must surely must give rise to the need for better results. When do we question the logic of relying on institutions that don’t produce the required results? Delegating personal judgment to representation vulnerable to questionable influence is a recipe for disaster. The upside down and inside out Corporatist structure of this society and world creates more problems than it solves. Not only are decisions made according to private agendas of corporate global interests, but we are saddled with the burden of regulation toxic to local independence. Our neighbors are far more likely to have interests in common with us, than some convened body of public policy makers. That is the bedrock defense of a community against invasion by any organization. Certainly, those who believe the debt economy is a valid business model would not miss us, if we were gone. Being at the mercy of such treacherous mentalities is not an option, if we are to maintain civility and tranquility in our local relationships. We would do better to let the Globalist interests drift out to sea, without our support.


Process Of Elimination


Process of Elimination

With the methods of ostracism and administrative character assassination that are in common practice today, who is able to to resist and defend themselves against agenda driven invasions of privacy? Compliance with regulatory demand will be no protection, in the end. After depending on a system to provide their needs by robbing their neighbors, the corporate structure sees that people are no more loyal and trustworthy than any other mercenaries. People are so accustomed to going along, to get along, that they ignore their complicity with activities that will eventually be turned back, upon them. Life won’t always be this good. As budgetary and commercial pressures intensify, expediency will be served. If the choice comes down to who eats and who starves, the bureaucrats and corporate thieves will make short work of the population.

We have seen a number of triage programs to deal with economic upheaval. Those who are compliant and trusting, are the first to go. Shelters and “work” programs are polite euphemisms for ghettos and internment camps. You are “helped” only if you are the property of a dead thing. This is how more than 100 million people were exterminated in the 20th century. Marginalized people are eliminated, their numbers reduced to break any remaining spirit of independence, and the compliant survivors are trapped on a cresting wave of debt, only to be swamped in the collapse. There are more riches-to-rags stories, every day.

These conditions won’t change. There has never been a recovery of purchasing power in the Federal Reserve note, since 1972. It was at that time that it became a pure fiat paper currency. Without any connection to gold and silver, men were pledged as security against debt. If this comes down to people cooking and eating their children, they were warned. They’ve harvested their neighbors for long enough. The carousel of revolving, pass-the-buck debt is about to slow to a stop. The currency collapse, in it’s final phase since 1972, will be complete. In the meantime, all of the indebted, indentured servants in their material prosperity will enjoy the adjustment periods between the downward steps, called “recoveries”. The hypocrisy that displays the audacity to define economic terms has no standing to define anything involving equity. Without independent audit of a monetary system that has engineered the wealth transfer from real money life into fiat currency death, there is nothing but the economic evidence to examine. The convicting fact is that the United States no longer has the ability to produce wealth to match the ability to incur debt. The common phrase for that is “operating in the red”. A disruption in the flow of debt caused the collapse of September, 2007. The conditions that produced that collapse have been placed in a different basket. Instead of a housing bubble, the financial disease is now infesting the United States Treasury. The remedies applied to date are a negative. Whether they are called liquidity infusion or refinancing, both are a form of selling the future to an adversary.

In the notes from the madness that is financial news, we see that the banks are going to loan the Federal Reserve “money” to help stabilize it. The question is, which walnut shell is the pea really under? It’s in Ben Bernanke’s right-hand jacket pocket. It must be quite a scene when Ben Bernanke makes a withdrawal. He presents the demand at the teller window. The teller responds, “But, of course, Mr. Ponzi! Would you like that in small, unmarked bills?” In a related headline, “Banks at risk after wild copter heist”. Helicopter Ben must be at it, again.

I know that I will see many of the people who now tell me what I have to do, in the street. I will listen to them tell me how they lost everything, when the economy went to Hell. The only response I can give them is, “It’s not there, yet. You’re still breathing.” If things get that bad, there won’t be any tree bark and grass left to eat.


Follow

Get every new post delivered to your Inbox.

Join 190 other followers