Shadow Government "Money" Supply Growth from ShadowStats

Chart of U.S. Money Supply Growth

04 September, 2012

The Bank of Ruthless

This is interesting. According to an article on titled "Morgan Stanley is Insolvent – Only a Matter of Time Before Total Financial Collapse",, the cause for the 2008 bailout of the banks was that China had purchased large quantities of mortgage-backed securities, worthless securitized loans which would never be repaid, and were prepared to send their “people” to American shores to seize property.

An invasion, in other words. War.
"To stave this off, the American taxpayers were coerced by former President Bush and former US Treasury Secretary Hank Paulson. During that incident, the US Senate was told emphatically that they had to approve a $700 billion bailout or else martial law would be implemented immediately."

Clever. Threaten "martial law", as if dealing with a "civil" problem, when all the while the fact is that a state of war was imminent.

03 September, 2012

Captives of A Scientific-Technological Elite

"Beware the military-industrial complex!" That's what many of us, in the "Post-War Baby Boom" generation, have taken from Dwight Eisenhower's 1961 Farewell Speech. God knows what our parents (Brokaw's "Greatest Generation") took from it. I never heard my parents mention it at all.

Here's what only the most ardent have recovered:
“Akin to, and largely responsible for the sweeping changes in our industrial-military posture, has been the technological revolution during recent decades.

In this revolution, research has become central; it also becomes more formalized, complex, and costly. A steadily increasing share is conducted for, by, or at the direction of, the Federal government.

Today, the solitary inventor, tinkering in his shop, has been over shadowed by task forces of scientists in laboratories and testing fields.

In the same fashion, the free university, historically the fountainhead of free ideas and scientific discovery, has experienced a revolution in the conduct of research. Partly because of the huge costs involved, a government contract becomes virtually a substitute for intellectual curiosity. For every old blackboard there are now hundreds of new electronic computers.

The prospect of domination of the nation's scholars by Federal employment, project allocations, and the power of money is ever present and is gravely to be regarded.

Yet, in holding scientific research and discovery in respect, as we should, we must also be alert to the equal and opposite danger that public policy could itself become the captive of a scientific-technological elite.

It is the task of statesmanship to mold, to balance, and to integrate these and other forces, new and old, within the principles of our democratic system-ever aiming toward the supreme goals of our free society.”