Joseph P Farrell – IN SPAIN, THEY’RE GOING AFTER THE BANKSTERS


PeoplePower

4.92/5 (12) Not all the stories I’ve been getting have concerned mind manipulation efforts, and certainly 2o16 has also started out with some interesting news in the financial sectors as well. Consider what’s happening in Spain.This story is intriguing from any number of levels, not the least of which because some of the regular readers of this website live in Spain, and from time to time have updated us about the dire straits not only of the Spanish economy, but the cultural assault that country – home to Cervantes, Soler, Velasquez – has been under. This article was shared by Mr. L.B., and it concerns a series of court actions against the corrupt financial oligarchs that have been responsible for so much of the country’s current economic crisis:

To Put Bankers Behind Bars, Spanish Citizens Take the 1% to Court

Consider just the first five paragraphs here, and one tidbit of information that I find highly significant in terms of its implications for the type of financial analysis of the situation that one encounters in the analyses of former Assistant Secretary of Housing and Urban Development, Catherine Austin Fitts:

The case of Rodrigo Rato is perhaps the most interesting among some 150 high-level corruption cases scheduled to take place this year in Spain – involving over 2,000 elite figures in Spanish society. Rato was the country’s Minister of Economics from 1996 to 2004, and a leading political force in the conservative Popular Party (PP) as well as managing director of the IMF (2004-2007) and chairman of Bankia, Spain’s largest bank (2010-12).

These institutions’ combined actions spurred Spain’s economic crash and intensifying poverty crisis, as Bankia’s massive debts were nationalized by the PP-controlled government and Rato’s bank became the main recipient of the bailout deal with the EU and IMF. From these business-government arrangements, Rato and the rest of Spain’s 1% profited while imposing austerity on the majority.

Last April, the Financial Times described Rato being shoved by a law officer during his arrest. “The touch lasted only a few seconds, but it will be seared into the mind of Rodrigo Rato — and of millions of Spaniards — for years to come,” wrote the paper. Millions saw the clip repeated on rolling TV coverage and the Internet. The Times article quotes an editorial by Spain’s El Mundo newspaper, illuminating its importance: “The precise moment in which the customs agent grabs his head… marks a point of no return, in which we leave behind an era.”

Translation: Rato and many others were no longer untouchable.

The case now underway against Rato and Bankia hinges around three aspects. First, the bank is charged with false advertising when it floated its stock for purchase. Second, it is accused of mis-selling toxic assets to unsuspecting members of the public. And third, it issued “black visa cards” to senior Bankia management, facilitating both tax evasion and bribery of politicians and government officials.(Emphasis added)

What intrigues me here is that the pattern in Spain so closely resembles Ms. Fitts’ analysis of the overarching pattern one sees in the past few years in the wake of the various bailouts of the major banksters: toxic assets were moved off the balance sheets of the banks, and shifted to the public via their governments, while more liquidity was added to the balance sheets, creating, for want of a better word, a vast slush fund in private hands.

And of course, in this mix, the major banksters seldom went to jail for two decades’ worth of casino-like behavior, but awarded themselves fat bonuses.

But wait, there’s much more going on in Spain, at least, according to this article, for the indictments did not arise from a haphazard approach, but rather from a considered strategy:

In May of 2012, on the first anniversary of the 15M movement that took to the squares in a two-month occupation that helped spur Occupy Wall Street four months later, 15MpaRato launched its plan to jail Rodrigo Rato. According to law, Spanish citizens or organizations can file complaints that judges will consider and decide whether, and whom, to prosecute. This is exactly what happened with Rato.

“One of the first things we did was publicize an anonymous dropbox, and we received information from the citizens on Rato and Bankia. This grew and grew and included receiving 8,000 pages from the bank employees,” Simona Levi from 15MpaRato told Occupy.com.

15MpaRato used global leaks, an open-source program that creates a secure Internet space to receive sensitive information. By early June of 2012, enough evidence had been collected to initiate the case against Rato. Victims were also found to stand as claimants.

Next, activists launched Spain’s first-ever political crowdfunding campaign to pay the legal fees associated with the case. The campaign reached its funding target in less than 24 hours, and the anonymous drop-box provided essential information to citizens eager to get involved. For instance, they discovered that Bankia employees had leaked internal documents that read “DO NOT SHOW THIS TO THE CLIENTS,” and were instructed to target unsuspecting customers to buy the bank’s toxic assets that should have only been sold to financial investors.

In other words, there was a definite campaign to create (1) a secure internet source for those inside the Spanish banking system to provide information that would lead to indictments, and (2) an financial effort was launched to fund it. One can expect, via some high octane speculation, that similar strategies will emerge this year in Europe, as it deals not only with an ongoing financial crisis, but also a “refugee” crisis on top of that, and governments that are increasingly isolated from popular sentiment. This is a movement, in other words, that eventually will engulf not just bankers, but the politicians who enabled them.

 Notably, the article also indicates that a peculiarity of Spanish law allows such a grass roots approach (imagine, for a moment, if a similar thing were in place in the United Kingdom, the United States, Germany, or Canada, rather than reliance upon all-but-totally corrupted grand jury processes or corrupted government regulatory agencies).
But whatever one makes of those observations, one thing is clear from the Spanish story: the story of the corruption of the west’s financial system simply is not going to go away any time soon, and in this case, we have the Spanish to thank for that. But the real story here will be what details may come out from these trials in Spain… those will doubtless be threads that lead all the way to Rome, Athens, Frankfurt, Paris, London, and of course, Washington.  This will be a story to watch, and I suspect, that during 2016, we’re going to hear more.
See you on the flip side…
Profile photo of Joseph P. Farrell
Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and “strange stuff”. His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into “alternative history and science”.

Iceland Forgives Entire Population of its Debt. Total US Media Blackout.


February 1, 2016 in News by RBN

 

Finally serious economists are considering a position I have been maintaining and writing about since the 2008 financial meltdown. Whatever its name— erasure, repudiation, abolishment, cancellation, jubilee—debt forgiveness, will have to eventually emerge forefront in global efforts to solve an ongoing systemic financial crisis.

The US Rothschild Controlled Media (RCM) has completely BLACKED OUT/CENSORED any news about Iceland’s DEBT FORGIVENESS.

If you Google “ICELAND FORGIVES ENTIRE POPULATION OF MORTGAGE DEBT” you will get ‘About 359,000 Results’. Not one of them is a Media Outlet in the US. Not one single Major or Minor news outlet in America has mentioned a single word about this story.

This is TOTAL MEDIA CENSORSHIP and a TOTAL MEDIA BLACKOUT, and it should tell you who owns and runs the Media in America.

We are allowed to see a tortured, bleeding, dying Gaddafi anywhere, but we are not allowed to know about Debt Forgiveness.

If you Google “DEBT FORGIVENESS” About 1 million 850 results. Not one of them talks about forgiving debt. Okay, 1 does.

But still, out of over a million and a half results. The MAINSTREAM MEDIA totally censors anything to do with Debt Forgiveness. The government of Iceland has forgiven the mortgage debt for much of its population. This nation chose a very different way of stopping the crisis from the rest of European countries.

It decided to hear the requests of the population and to put politicians and bankers on the bench of the accused three years after their financial excesses would sank one of the most prosperous economies in 2008. Iceland Forgives Mortgage Debt for the Population.

Putting Bankers and Politicians on “Bench of Accused” This is awesome. It shows when the people DO STAND UP they have more power and win against the corrupt bankers and politicians of a country. Iceland is forgiving and erasing the mortgage debt of the population.

They are putting the bankers and politicians on the “Bench of the Accused.” Which means I assume they are putting them on trial for corruption. Now the rest of people of the world need to start doing the same thing.

We all need to stand up and against all the corruption and fraud of the banks and politicians that are puppets of the banks and corporations.

The beauty of it is that they will have a load of cash to circulate into the economy and into service industries etc…instead of feeding it to the parasite bankers and out of the economy, great idea. If it was warmer I’d move to Iceland. This could very well be the first chime of many to signal the Death of the World Banking System headed by our ‘good’ friends the Rothschild’s.

Iceland Strikes the First Major Blow Against the World Banking (Fraud) Cartel. This is what can immediately put money into the hands of many American’s. The Us Government through Fannie Mae, Freddie Mac and FHA own 96% of all bad housing loans.

Many have stated, that in effect, “The US Government is Foreclosing on itself.” This is the very definition of Insanity. It is a form of Suicide. Major Banks only hold 3% of bad housing loans, 3%! This is not a banking problem, it is a Government problem, they hold the loans!

We were just about to do a story on America Foreclosing on itself when this article came across our computer. Times have just gotten brighter

http://republicbroadcasting.org/news/iceland-forgives-entire-population-of-its-debt-total-us-media-blackout/

 

 

The Corbett Report – HSBC Hires Kissinger to Help Them Flee The Country


Image converted using ifftoany

by James Corbett
TheInternationalForecaster.com
January 27, 2016

HSBC is the world’s fourth largest bank by assets and a sanctions busting, money laundering bank for terrorists and drug dealers, so it should be no surprise that they have just hired unconvicted war criminal Henry Kissinger to help advise them on fleeing the UK.

You see, HSBC isn’t happy with the current banking environment in the UK. After “suffering” through the outrageous wrist slap of its drug money laundering settlement (equivalent to five weeks of income for the bank), HSBC began a temper tantrum over the UK’s bank levy, a bank tax that was instituted in 2011. Accordingly, last summer the UK government started the phase out of the levy exactly as requested, but added a surcharge on bank profits. This is evidently too much for the banksters, who are now threatening to move their racket to Canada or maybe Hong Kong or somewhere else entirely.

So it’s only logical for them to turn to Heinz Kissinger, a man who has run from investigators in France, Spain, Chile and Argentina to help advise them on how to flee the country. (Ig)Nobel Peace Prize winner Kissinger is notorious for the war crimes he committed during his tenure as Secretary of State and National Security Advisor under Nixon and Ford. During that time he participated in Operation Condor, drafted a plan for food control genocide, orchestrated the 1973 oil crisis, illegally bombed Cambodia, neo-colonized China and generally acted as a good minion for the New World Order he’s constantly pimping. After all, who else would better understand how to help the HSBC banksters escape the suggestion that they might face the tiniest of consequences for their crimes?

Sadly for the people of the UK, HSBC’s threats to move may just be a bargaining strategy they’re using to wring yet more concessions out of the British government. They are expected to come to a decision early this year and have reportedly brought in other international advisers along with Kissinger to discuss the potential geopolitical ramifications of such a move.

kissinger_war_crimesWhatever the case, the situation is best summed up by former Corbett Report guest Derrick Broze of The Conscious Resistance:

“Without a doubt Henry Kissinger and the decision makers at HSBC are responsible for a number of horrible atrocities around the world. This partnership in hell cannot signal anything positive for the free people of Earth. It’s time for the free hearts and minds of the world to confront Kissinger, HSBC executives, and all the people in positions of “authority” who are seeking to control our lives. Let them know we are here, they are not welcome, and freedom is coming.”

HISTORIC: LONDON SILVER FIX BREAKS – JANUARY 28, 2016 SGTreport.com


“This could be the end of the fix.” – Ole Hansen, head of commodity strategy for Saxo Bank

David Morgan from Silver-Investor.com joins me to cover the breaking news today that the LBMA electronic “silver fix” failed for the first time in recorded history. Have criminal banks involved in the daily price fix finally lost control?

For REAL News & Information 24/7:
http://sgtreport.com/
http://thelibertymill.com/

Music by Chris Zabriskie
“It’s Always Too Late To Start Over”
Licensed under Creative Commons “Attribution 3.0” http://creativecommons.org/licenses/b…

The content in my videos and on the SGTbull07 – SGTreport.com channel are provided for informational purposes only. Use the information found in these videos as a starting point for conducting your own research and conduct your own due diligence BEFORE making any significant investing decisions. SGTbull07 – SGTreport.com assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you.

Crashing Oil Prices and the Conspiracy to Free Us from Debt Slavery


Gas PricesChristina Sarich, Staff
Waking Times

With cheap gasoline at the pump, and increased interest rates, you’d think we were just recovering from a bad financial hang-over, but something much more sinister is at place. Don’t worry though, there is a happy ending. A revolution is happening before our eyes.

Oversupply is not the reason that oil is dropping in price faster that Exxon Corporation can say “uh-oh.” Canadian oil is dropping even lower, in some cases to $8 a barrel. Russia is not suffering from these falling oil prices, either, as the mainstream press would convey. Similarly, despite the recent Fed hike in the US interest rate, which is the first in more than a decade, this does not herald an economic turning point, at least not for the debt-slavery system that is currently in place, but that is crumbling. The magic-money system of debt and quantitative easing based on the petro-dollar is on its knees. This was an act of desperation.

Falling oil prices are not driving Moscow to expand its austerity program in an attempt to balance an expected deficit of $38.6 billion in 2016. You can be sure President Vladimir Putin was at least three chess moves ahead of tumbling oil prices. Marek Dabrowski, co-founder of the Center for Social and Economic Research in Warsaw and a professor at Moscow’s Higher School of Economics, recently ran the numbers on the oil-exporting economies and discovered a paradox. Russia is not even close to being the most oil-dependent of these countries.

It gets even more interesting though. China has announced that the Asian Infrastructure Investment Bank (AIIB) is up and running as promised late last year. Members of the bank include China, Russia, Denmark, Egypt, Iran, Italy, Poland, Sweden, Switzerland, Sri Lanka, the Philippines, Kuwait, and others – noticeably absent is the United States of America.

Moreover, the BRICS Bank, headed by Russia, is also moving forward. A recent Forbes article, titled, “With Russian Official Said to Head BRICS Bank, Will Dollars Get Dissed?” invokes the underlying theme of the silent revolution happening under our noses.

Add to the picture – commerce between Europe and North America has literally come to a halt. For the first time in known history, few cargo ships are in-transit in the North Atlantic between Europe and North America. All of them (hundreds) are either anchored offshore or in-port. NOTHING is moving, reports ZeroHedge. Some claim that shipping companies are demanding to be paid in Chinese yuan, and this is why no goods are moving.

Add these little tidbits:

  • Former Assistant Treasury Secretary Paul Craig Roberts claimed the Federal Reserve doesn’t have any more gold. That’s why they could only give Germany 5 tons of the 1,500 tons it’s holding. In fact, when Germany asked for this delivery, the Fed said no.
  • China has been dumping US debt.
  • Commerce – that is dry goods going from other countries to the US as measured by the Baltic Dry Index, has been greatly slowed if not stopped.
  • China and Russia have been buying up physical gold.
  • 12,000 oil-smuggling trucks have been caught taking Iraq’s ‘liquid gold’ into Turkey for use via ISIS.
  • Russia now has access to cheap oil from Iran.
  • Countries have been clamoring to exit the cabal banking system propped up by US Mafioso banks and criminal drug cartels, as well as a rigged stock market.
  • The US Stock market took a nose dive at the beginning of the year.
  • As Matt Taibi wrote for Rolling Stone last year in an article titled, “Everything is Rigged, Continued: European Commission Raids Oil Companies in Price Fixing Probe,”: “the European Commission regulators yesterday raided the offices of oil companies in London, the Netherlands and Norway as part of an investigation into possible price-rigging in the oil markets. The targeted companies include BP, Shell and the Norwegian company Statoil. The Guardian explains that officials believe that oil companies colluded to manipulate pricing data.”

To many, it is old news that the US Corporate government is bankrupt. The new news is how they are being taken down systematically by the ‘white hats’ and other benevolent interests within our world organizations that are tired of being pushed around by criminals using the petro-dollar, and fiat money.

These signs tell of a larger picture.

Secret bank bailouts are soon to be a thing of the past. So are bank bail-ins. Industry corruption such as the Fifa ‘bribe’ which was funneled via HSBC in Hong Kong came from a US bank fined for a link to Colombian drug cartel will continue to be exposed, and huge fines will be paid. In other cases, bankers representing the cabal will be fired or put in jail.

At the end of 2015, the CEO of Brazil’s largest investment bank was arrested. This was accompanied by huge layoffs at major banks across the US. Regions bank has announced 260 layoffs for 2016. Bank of America, Citibank and other cabal-fronts will also lay off thousands of people this year. As part of a crackdown on corruption, China has also uncovered the largest “underground bank” in the country. Over 370 individuals involved in the scheme have been arrested, according to the People’s Daily, for handling 400 billion yuan ($64 billion) in illegal foreign-exchange transactions. It seems the crime syndicate had tentacles everywhere. Though slow, the preliminary schedule for mass arrests and for the re-chartering of the world’s fraudulent banking system is underway.

With cyber warfare becoming part of leaked news daily, the strategic moves of Putin, and the new banking institutions coming into the fore, we may finally see the end of Cabal rule.

Read more articles by Christina Sarich.

About the Author

Christina Sarich is a writer, musician, yogi, and humanitarian with an expansive repertoire. Her thousands of articles can be found all over the Internet, and her insights also appear in magazines as diverse as Weston A. Price, NexusAtlantis Rising, and the Cuyamungue Institute, among others. She was recently a featured author in the Journal, “Wise Traditions in Food, Farming, and Healing Arts,” and her commentary on healing, ascension, and human potential inform a large body of the alternative news lexicon. She has been invited to appear on numerous radio shows, including Health Conspiracy Radio, Dr. Gregory Smith’s Show, and dozens more. The second edition of her book, Pharma Sutra, will be released soon.

Like Waking Times on Facebook. Follow Waking Times on Twitter.

This article (Crashing Oil Prices and the Conspiracy to Free Us from Debt Slavery) was originally created and published by Waking Times and is published here under a Creative Commons license with attribution to Christina Sarich and WakingTimes.com. It may be re-posted freely with proper attribution, author bio, and this copyright statement.

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The Shemitah, The Debt Jubilee and Total Economic Collapse ~ We Are Change


In this video Luke Rudkowski interviews the Dollar Vigilante Jeff Berwick about the current status of the World Economy and his predictions for total economic collapse. We go over the shemitah prediction Jeff made, how that developed and how we are in the debt Jubilee currently. A lot of important news was covered in this video as well as an opportunity to learn from Dan Dicks, Adam Kokesh, Jeff Berwick and Luke Rudkowski at an upcoming bootcamp in Mexico. Find out more here http://anarchapulco.com/workshops/wrc/

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Central Planners Freaking Out about Discussion of Gold’s Role


GoldNuggetBy Clint Siegner

Sound money issues make for good politics these days. The leading Republican candidates have all suggested reforms to our monetary system. The topic is popping up in debates as well as interviews. Predictably, Fed worshipers and proponents of central planning everywhere are snickering and trotting out the usual responses.

Michael Hiltzik, with the Los Angeles Times, recently published a column titled “The Worst Idea in the Presidential Debate: a Return to the Gold Standard.” He thinks “a return to the gold-standard would be so not right that it’s not even wrong.” It’s another way of saying the idea is so bad it defies analysis. Nevertheless, he tries anyway.

He’s terribly smug given his essential argument is for how great centrally planned monetary policy is. The collapse of the Soviet Union and other managed economies revealed the pitfalls of putting a handful of bureaucrats in charge of markets. But his point of view represents what most people are getting from the financial press, Wall Street, and Washington DC. Let’s have a look at Hiltzik’s main points then take them apart.

False Claim #1: The economic science is settled.

Mr. Hiltzik takes a page out of the playbook of climate activists. He wants people to believe that only wingnuts, Luddites, and Republican presidential candidates are still talking about gold. He cites a 2012 survey of economists supposedly “drawn from the entire spectrum of economic theory.” None thought a return to a gold standard was a good idea. Case closed.

One assumption is clearly wrong. The entire spectrum is not represented. None of today’s prominent Austrian school economists are included on the panel. You won’t find names like Mark Skousen, Hans-Herman Hoppe, Robert Murphy, or Joseph Salerno. But you will find Barry Eichengreen, who has criticized the Fed for not being interventionist enough, and Austan Goulsbee, who served as chief on Obama’s Council of Economic Advisors.

The truth is there are plenty of economists who question the stewardship and discretion of Congress, the president, and, especially, Federal Reserve bankers. Heck, even Alan Greenspan is criticizing the fed and talking about an important role for gold these days.

Lots of people, not just economists, wonder if the Fed’s promise to foster higher prices forever is really working out for ordinary folks. Millions of Americans stand to get hurt by unlimited borrowing and money creation.

Following Nixon’s final abandonment of gold redeemability in 1971, all restraint vanished.

That is why presidential candidates talk about reforms. Last week, a 53-44 majority of senators voted for the Audit the Fed bill. It wasn’t enough to defeat the Democratic filibuster, but clearly frustration with the status quo is widespread.

Proponents of unlimited money creation and politburo style management of our currency and markets are the true wingnuts.

False Claim #2: A gold standard favors the wealthy, at the expense of everyone else.

Hiltzik tells us “As far back as the 19th century, it was well understood that the ‘stability’ provided by linking currencies and exchange rates to a fixed value of gold benefited only one economic class – creditors…” In other words bankers and the wealthy, people in a position to loan money, supported gold. The move to fiat currency benefited everyone else.

Apparently Hiltzik isn’t familiar with the origins of the Federal Reserve. It is privately held by the largest banks (i.e. lenders) in the United States. It was devised, in secret, by the most prominent bankers and politicians of the early 20th century, and they certainly didn’t do it to help the poor. They did it to help themselves.

Since the formation of the Federal Reserve, the banking sector quadrupled as a percentage of GDP. Meanwhile, the wealth gap has been growing, and that trend accelerated dramatically about the time Nixon closed the gold window.

The current system is an unmitigated disaster for virtually everyone outside of Washington DC and Wall Street. Consider the following charts from Zerohedge detailing just how awful the recent trillions of dollars in money creation and unlimited expansion in government has been for Americans at large:

35646541Since Hiltzik seems to care about the common man, he should join the large and growing movement of people who want a return to sound money. The idea is so right for these times.

Clint Siegner is a Director at Money Metals Exchange, the national precious metals company named 2015 “Dealer of the Year” in the United States by an independent global ratings group. A graduate of Linfield College in Oregon, Siegner puts his experience in business management along with his passion for personal liberty, limited government, and honest money into the development of Money Metals’ brand and reach. This includes writing extensively on the bullion markets and their intersection with policy and world affairs.

http://www.activistpost.com/2016/01/central-planners-freaking-out-about-discussion-of-golds-role.html

America’s Most Closely Guarded Secret: The Covert Fund That Controls It All — Rob Kirby ~ SGTreport.com


Rob Kirby joins me to expose extremely important economic information which the majority of the world knows nothing about.

Rob says, “We are talking about something here that is extremely dark. This is a very dark entity. This is one of the most closely guarded secrets that America has.”

The men behind the curtain have been using this top secret deep state funding source to manipulate world events and currencies for nearly 100 years.

For REAL News & Information 24/7:
http://sgtreport.com/
http://thelibertymill.com/

Music by Chris Zabriskie
“It’s Always Too Late To Start Over”
Licensed under Creative Commons “Attribution 3.0” http://creativecommons.org/licenses/b…

The content in my videos and on the SGTbull07 – SGTreport.com channel are provided for informational purposes only. Use the information found in these videos as a starting point for conducting your own research and conduct your own due diligence BEFORE making any significant investing decisions. SGTbull07 – SGTreport.com assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you.

Davos Degenerates Reveal Robot Replacements – #NewWorldNextWeek ~ Corbett Report


Welcome to New World Next Week — the video series from Corbett Report and Media Monarchy that covers some of the most important developments in open source intelligence news. In this week’s episode:

Story #1: Saudi Arabia, China Sign MoU to Build Nuclear Reactor
http://bit.ly/1PjAAtw
China Offers Support for Yemen Government as Xi Visits Saudi Arabia
http://reut.rs/1KqhkTH
China’s Xi Opens Refinery With Saudi King Salman
http://bit.ly/1NmaT4f
Egypt to Receive $1 Billion from China
http://bit.ly/1PjB4jr
Xi Jinping’s Iran Visit is of ‘Historic Significance’
http://bit.ly/1lyishO
Jinping Bows to ‘Death Star’-Like Sphere at AIIB Ceremony
http://bit.ly/1P7A5B0

Story #2: Davos Robot Eclipses Davos Man as Gloom Descends on Elite
http://bloom.bg/23cACrx
Meet “Beware”, The New Police Tool That Data-Mines Your Life
http://bit.ly/1RmTS1h
Palantir, the War on Terror’s Secret Weapon
http://bloom.bg/1SjH9fU
DiCaprio Gives Indigenous Peoples Lip Service On TV, But Really Hangs With Banksters at Davos
http://bit.ly/1PqupOg
Media Monarchy: Rise of the Robots – Dollar Edition
http://bit.ly/1PGEvuM
PDF: “Extreme Automation and Connectivity: The Global, Regional, and Investment Implications of the Fourth Industrial Revolution”
http://bit.ly/1PGEwid
Markets In TurmOIL: Futures Plunge, Japan Enters Bear Market, Crude And Commodity Currencies Crash
http://bit.ly/1OFC6k3
For the Sake of Capitalism, Pepper Spray Davos
http://bit.ly/1nzHXAL

Story #3: People Trust Search Engines More than Traditional Media for News
http://bit.ly/1JZnfEn
Flashback: Google’s Search Algorithm Could Steal the Presidency (Aug 2015)
http://bit.ly/1MTSboF

#GoodNewsNextWeek – Positive Polls, Liberty-Minded Librarians, Wal-Mart Closings
http://bit.ly/1T7NKd0

#NewWorldNextWeek Updates: Canada’s New Hope And Change Is A Lie

http://bit.ly/20glln4
Monsanto Works Hard to Evict Argentinian Protesters
http://bit.ly/1ZDMVZa
The Story You Aren’t Being Told About Iran Capturing Two American Vessels
http://bit.ly/1JZnq2L
Media Monarchy: Interview w/Brent DeBoer of The Dandy Warhols
http://bit.ly/1nzIpiG
Immigrant Union – “War is Peace”
http://bit.ly/1RB6UIB

Previous Episode: Apple Emotions, Threat Score, Palantir
https://www.corbettreport.com/?p=17424

The Corbett Report – Government Sachs Gets Golden Wrist Slap For Global Financial Crisis


Image converted using ifftoany

January 19, 2016

Historians of the future will note Yellen’s smiling press conference in December of 2015 to announce the long-awaited rate hike as the beginning of the end for the dead cat bubble of the Global Financial Crisis. In some ways this has been a 20 year long Fed bubble that leads in a straight line from the “irrational exuberance” of the Dot Com bubble to the Dot Com bust and 9/11 to the Greenspan bubble and the subprime housing run-up to the Global Financial Crisis to QE1/2/3 and ZIRP to the rate hike to today. And what do we have today?

And on and on. You get the picture. But I bet you wish you didn’t.

Ironic, then, that in the midst of this beginning-of-the-end of the 8 year long QE re-leveraging heroin binge we have news that seems to put a bow on the 2008 crisis: Goldman Sachs has announced that it has reached a $5.1 billion settlement as its wrist slap for participating in the wholesale swindle that was the subprime mortgage meltdown. The settlement breaks down into $2.385 billion in civil monetary penalties, $875 million in cash payments and $1.8 billion in consumer relief.

Here’s the kicker: the settlement is the largest in the bank’s history, but still small potatoes compared to some of its cohorts in crime who have already reached their settlements, such as Bank of America ($16.6 billion) and JPMorgan Chase ($13 billion).

For those who don’t remember the subprime mortgage meltdown and Goldman’s role in it (along with the other big banks), they intentionally blew up the housing bubble by creating Structured Investment Vehicles to keep mortgage backed securities and other risky investments off their main books. This allowed them to raise money on the commercial paper market at low interest rates and earn high interest rates by buying toxic subprime mortgage securities. Then they paid off the ratings agencies to AAA certify their toxic mortgage CDO garbage.

Then (and here’s the psychopathic genius of it) knowing that it was all going to melt down sooner or later, they pawned the subprime-backed derivative garbage on their customers at the same time as they secretly bet against it. Internal emails released in subsequent investigations show they referred to their own CDOs as “sh***y deals” and called their customers “muppets” for buying them.

The end result? Goldman had its most profitable year to date in 2007 as the market started to turn with a staggering $17.6 billion profit. By 2009, in the depths of the crisis that they helped bring about and as the rest of the world faced total financial armageddon, they did even better, netting just shy of $20 billion profit.

So, just to recap: Goldman makes tens of billions by selling the very toxic assets they were secretly betting against and in the end they pay a $5 billion penalty.

…Oh, and (needless to say) the Injustice Department practically fell over themselves to announce at the earliest possible opportunity that no one would even be prosecuted for this fraud (let alone go to jail).

…Oh, and poor Goldman will make a slightly smaller profit this year as a result of this golden wrist slap, equivalent to one measly fiscal quarter of profit for the banking behemoth.

All hail Government Sachs, surely a Vampire Squid if ever there was one. And now that their last engineered crisis has been finally covered up for good, it’s time to live through the next one. Happy 2016!

Royal Bank of Scotland: 2016 will be a ‘cataclysmic year’ and ‘investors should be afraid’


The Royal Bank of Scotland is telling clients that 2016 is going to be a “cataclysmic year” and that they should “sell everything”. This sounds like something that you might hear from The Economic Collapse Blog, but up until just recently you would have never expected to get this kind of message from one of the twenty largest banks on the entire planet. Unfortunately, this is just another indication that a major global financial crisis has begun and that we are now entering a bear market. The collective market value of companies listed on the S&P 500 has dropped by about a trillion dollars since the start of 2016, and panic is spreading like wildfire all over the globe. And of course when the Royal Bank of Scotland comes out and openly says that “investors should be afraid” that certainly is not going to help matters.

It amazes me that the Royal Bank of Scotland is essentially saying the exact same thing that I have been saying for months. Just like I have been telling my readers, RBS has observed that global markets “are flashing the same stress alerts as they did before the Lehman crisis in 2008″

RBS has advised clients to brace for a “cataclysmic year” and a global deflationary crisis, warning that the major stock markets could fall by a fifth and oil may reach US$16 a barrel.

The bank’s credit team said markets are flashing the same stress alerts as they did before the Lehman crisis in 2008.

So what should our response be to these warning signs?

According to RBS, the logical thing to do is to “sell everything” excerpt for high quality bonds…

“Sell everything except high quality bonds,” warned Andrew Roberts in a note this week.

He said the bank’s red flags for 2016 — falling oil, volatility in China, shrinking world trade, rising debt, weak corporate loans and deflation — had all been seen in just the first week of trading.

We think investors should be afraid,” he said.

And of course RBS is not the only big bank issuing these kinds of ominous warnings.

The biggest bank in America, J.P. Morgan Chase, is “urging investors to sell stocks on any bounce”

J.P. Morgan Chase has turned its back on the stock market: For the first time in seven years, the investment bank is urging investors to sell stocks on any bounce.

“Our view is that the risk-reward for equities has worsened materially. In contrast to the past seven years, when we advocated using the dips as buying opportunities, we believe the regime has transitioned to one of selling any rally,” Mislav Matejka, an equity strategist at J.P. Morgan, said in a report.

Aside from technical indicators, expectations of anemic corporate earnings combined with the downward trajectory in U.S. manufacturing activity and a continued weakness in commodities are raising red flags.

Major banks have not talked like this since the great financial crisis of 2008/2009. Clearly something really big is going on. Trillions of dollars of financial wealth were wiped out around the world during the last six months of 2015, and trillions more dollars have been wiped out during the first 12 days of 2016. As I noted above, the collective market value of the S&P 500 is down by about a trillion dollars all by itself.

One of the big things driving all of this panic is the stunning collapse in the price of oil. U.S. oil was trading as low as $29.93 a barrel on Tuesday, and this was the first time that oil has traded under 30 dollars a barrel since December 2003.

Needless to say, this collapse is absolutely killing energy companies. The following comes from USA Today

There aren’t many people who feel bad for oil companies. But the implosion in oil prices is causing a profit decline that almost invokes pity.

The companies in the Standard & Poor’s 500 energy sector are expected to lose a collective $28.8 billion this calendar year, down from $95.4 billion in net income earned during the industry’s bonanza year of 2008, according to a USA TODAY analysis of data from S&P Capital IQ. That’s a $124 billion swing against energy companies – and one you’re probably enjoying at the pump. The analysis includes only the 36 S&P 500 energy companies that reported net income in 2008.

If we are to avoid a major global deflationary crisis, we desperately need the price of oil to get back above 50 dollars a barrel. Unfortunately, that does not appear to be likely to happen any time soon. In fact, Dallas Fed President Robert Kaplan says that the price of oil is probably going to stay very low for years to come

You’d expect at least some artificial optimism when the president of the Dallas Fed talks about oil. You’d expect some droplets of hope for that crucial industry in Texas. But when Dallas Fed President Robert Kaplan spoke on Monday, there was none, not for 2016, and most likely not for 2017 either, and maybe not even for 2018.

The wide-ranging speech included a blunt section on oil, the dismal future of the price of oil, the global and US causes for its continued collapse, and what it might mean for the Texas oil industry: “more bankruptcies, mergers and restructurings….”

The oil price plunge since mid-2014, with its vicious ups and downs, was bad enough. But since the OPEC meeting in December, he said, “the overall tone in the oil and gas sector has soured, as expectations have decidedly shifted to an ‘even lower for even longer’ price outlook.”

In recent articles I have discussed so many of the other signs that indicate that there is big trouble ahead, but today I just want to quickly mention another one that has just popped up in the news.

The amount of stuff being shipped across the U.S. by rail has been dropping dramatically. The only times when we have seen similar large drops has been during previous recessions. The following comes from Bloomberg

Railroad cargo in the U.S. dropped the most in six years in 2015, and things aren’t looking good for the new year.

“We believe rail data may be signaling a warning for the broader economy,” the recent note from Bank of America says. “Carloads have declined more than 5 percent in each of the past 11 weeks on a year-over-year basis. While one-off volume declines occur occasionally, they are generally followed by a recovery shortly thereafter. The current period of substantial and sustained weakness, including last week’s -10.1 percent decline, has not occurred since 2009.”

BofA analysts led by Ken Hoexter look at the past 30 years to see what this type of steep decline usually means for the U.S. economy. What they found wasn’t particularly encouraging: All such drops in rail carloads preceded, or were accompanied by, an economic slowdown (Note: They excluded 1996 due to an extremely harsh winter).

The “next economic downturn” is already here, and it is starting to accelerate.

Yes, the financial markets are starting to catch up with economic reality, but they still have a long, long way to go. It is going to take another 30 percent drop or so just for them to get to levels that are considered to be “normal” or “average” by historical standards.

And the markets are so fragile at this point that any sort of a major “trigger event” could cause a sudden market implosion unlike anything that we have ever seen before.

So let us hope for the best, but let us also heed the advice of RBS and get prepared for a “cataclysmic” year.

http://www.sott.net/article/310276-Royal-Bank-of-Scotland-2016-will-be-a-cataclysmic-year-and-investors-should-be-afraid

When the Oceans are empty, Economy’s don’t float


at RemovingtheShackles.blogspot.com

American, and Western media in General, lately sound a lot like something out of a South Park Movie, except instead of singing “Blame Canada, Blame Canada”, the current lyrics of choice are:

                        “Blame China!  Blame China!”

Really, it’s become an epic 3 ring circus, except that the clowns are scary, and the acrobats are swinging by shoe strings, the lions have got the whips, and the magicians have disappeared into their own hats. ….

While the US media is keeping people distracted with all sorts of ridiculousness, the global economy is collapsing, the TPP is about to be signed, and the Middle East is at war.  But don’t worry I’m sure that Bernie and Donald can save it. ….

buhahahahhaha!!!!!   Oh god, the political rhetoric right now is hysterically funny to those of us outside the brainwash zone…..  or it would be, if I wasn’t so freaked out by clowns.

“Blame China” is the clarion call of the US financial Media…… but anyone with half a working brain cell isn’t buying the latest US Jobs report, nor the clowns telling Americans that the US Economy is just hunky dory and AOK.

But given the fact that not a ship is shipping anything anywhere, you have to wonder what they are selling in the US that is creating such a “strong economy”…. air?  (hopefully not from Los Angeles),  Water?  (hopefully not from Flint Michigan)….. Oh I know!  It’s the Stock Market that’s buoying up the US economy…..

Oh SNAP!  ….  Well that can’t be it.

Anyway, for those of you who are interested, there are a couple of interesting articles  down below, that shed a spotlight on the undercurrent of global economic collapse.

d

Live update of marine shipping as of this morning, 1034 gmt Jan 10, 2016- I have found ONE ship in the Pacific that is in transport, and two in the Atlantic in transport. ….. every other ship is docked or anchored.  Strangely, the Mediterranean Sea is PACKED.


d

Historic First: North Atlantic EMPTY of Cargo Ships in-transit – ALL anchored along coasts; none moving

Commerce between Europe and North America has literally come to a halt.  For the first time in known history, not one cargo ship is in-transit in the North Atlantic between Europe and North America.  All of them (hundreds) are either anchored offshore or in-port.  NOTHING is moving.
This has never happened before.  It is a horrific economic sign; proof that commerce is literally stopped.
The reason commerce has stopped is simple: People are not buying things.   When people do not buy things, retailers do not sell things, so they do not order more goods for stock.
When retailers do not order goods, manufacturers don’t make anything because there are no orders to fill.  When manufacturers do not make goods, they don’t order raw materials for manufacturing.
When there are no orders for raw materials, commodities sellers do not sell raw materials. When no raw materials are sold, there is no shipping by large cargo ships, (or railroads or tractor trailers) to move anything.
Put simply, the global economy is LITERALLY stopping.  Right now.  Today.
How things go from this point forward is simple:  Without sales, retailers are not even “turning dollars” so they will have to layoff employees and close stores.  Without orders, manufacturers will have to layoff employees and shut down.  When manufacturing shuts down, suppliers of commodities will have to layoff employees and cease operations.   As all of this economic activity comes to a halt, then the disaster REALLY takes off:

When businesses are not even “turning dollars” they cannot pay back their loans.  Retailers, manufacturers and commodities suppliers will begin defaulting on bank loans within 30 days.  When enough of them default, it begins taking-out banks.  As banks begin to fail, others will run to their banks to withdraw money for fear THEIR bank will fail too; and therein starts “bank runs.”

Continue reading here: https://www.superstation95.com/index.php/world/750

To see the live feed for Ocean/waterways shipping click HERE

“Nowhere To Hide” As Baltic ‘Fried’ Index Careens To Fresh Record Low

Tyler Durden's picture

Another day, another fresh all-time record low in The Baltic Dry Index as Deutsche Bank’s “perfect storm” appears ever closer on the horizon. Plunging 4.7% overnight to 445 points, this is 20% lower than the previous record low in 1986 and as one strategist warns, “It’s a brutal start of the year, there’s just nowhere to hide on the market.”

http://www.zerohedge.com/news/2016-01-07/nowhere-hide-baltic-fried-index-careens-fresh-record-low

BUT  That was Jan 6th….. everyone has gone silent on the Baltex Dry Index as of Friday Jan 8th 2016 when just two days later the Baltex has fallen radically again:


http://www.bloomberg.com/quote/BDIY:IND

Federal Reserve’s “net worth” collapses 33% in two weeks

As a final note on this, I’d like to remind everyone about this ISO document that I published last summer and the ramifications of that which coincide with various Vatican announcements…..

With immediate effect, the following minor corrections are made to “Table A.1 – Currency and funds code list” (as advised by the ISO 3166 Maintenance Agency):

HOLY SEE (VATICAN CITY STATE) to
HOLY SEE (THE)
RUSSIAN FEDERATION to
RUSSIAN FEDERATION (THE)
 
UNITED KINGDOM to
UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND (THE)
UNITED STATES to
UNITED STATES OF AMERICA (THE)

Read the article and watch the video report HERE: http://removingtheshackles.blogspot.com/2015/07/the-vatican-jubilee-national-bankruptcy.html

Bernie Sanders: I Will Jail Corrupt Bankers!


Thom Hartmann comments on Bernie Sanders’ Wall Street speech in which he, if elected President, promises to jail bankers break the law.

If you liked this clip of The Thom Hartmann Program, please do us a big favor and share it with your friends… and hit that “like” button!

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Ellen Brown-Depositors Die and Banks Live in Next Financial Calamity Greg Hunter


Public banking expert Ellen Brown warns that people are more at risk in the U.S. to lose their savings because the five biggest banks have nearly $250 trillion in derivatives. In a financial calamity that could cause mass bankruptcies, recent legislation says the derivative holders will be paid first. Brown explains, “The have super priority over everything. . . . All the creditors’ money will be taken in a bail-in. A bail-in is the opposite of a bankruptcy. In a bankruptcy, the bank is liquidated in order to pay off the creditors. In a bail-in, the creditors’ money is taken in order to keep the bank alive. So, we get to die while the bank lives instead of the reverse. They specifically say ‘creditors’ which means shareholders and bond holders, but what most people don’t realize is depositors are also considered creditors. When you put your money in a bank, it becomes the property of the bank, and all you have is an IOU.”

Join Greg Hunter as he goes One-on-One with Ellen Brown of EllenBrown.com.
All links can be found on USAWatchdog.com: http://usawatchdog.com/end-of-capital…

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Planetary Update: January 2016 ~ Mastering Alchemy


Every month, Jim Self “takes the pulse” of the energies currently affecting us and the planet.

Free eBook – The Shift — What it is… Why it’s Happening… How it’s Going to Affect You and The Mastering of Alchemy
by Jim Self
http://masteringalchemy.com/content/t

Mastering Alchemy (sign up for our monthly newsletter and receive an invitation to Jim’s free webinar series)

http://masteringalchemy.com/newssubsc

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https://www.facebook.com/MasteringAlc

Jim & Roxane’s Book – What Do You Mean the Third Dimension is Going Away? Why Now is the Time to Release Who You Are Not and Remember Who You Are
https://masteringalchemy.com/books

CATHERINE AUSTIN FITTS: COINTELPRO 2.0 MEDIA FAIRY TALES AND FALSE MEMES – DARK JOURNALIST


Visit http://www.DarkJournalist.com

The Catherine Austin Fitts Interview You Must See!
Join Dark Journalist as he welcomes back popular guest Former Assistant Housing Secretary and Financial Expert Catherine Austin Fitts for her seventh visit to the show.

Together they delve deeply into a stunning analysis of Mainstream Media Manipulation of Financial, Geopolitical and Social Engineering along with the Centralization policy of Common Core.

They also closely examine False Memes that have been filtering into the Alternative Media, and explode programmed myths such as “Cabal Arrests” and “Flat Earth” as a distraction from real issues like the recent spate of Holistic MD deaths and the real danger of False Flag Incidents designed to implement Repressive Policies, Tighter Control of Free Speech, Entrainment Mind Control and Total Orwellian Surveillance.

From the rise of shadowy mercenary groups around the globe to the full scale implementation of Corporate Private Armies, Fitts sees America at a pivotal point of accepting Totalitarian policies or rediscovering it’s soul and purpose. What will America look like in 2020? She examines why we require not just financial solutions, but full transparency on everything from GMOs, Chemtrail Spraying, Black Budget Finance, Political Blackmail of Control Files, The Secret Space Program and more!

Riveting, revealing, controversial, eye-opening and alarmingly timely, this is the Catherine Austin Fitts Interview you’ve been waiting for! Don’t miss this exciting Dark Journalist Episode that will challenge the regular, everyday view of reality and expose a desperate out of control covert system of Elite Centralization bent on World Domination…

2016 – 2018: TIMELINE FOR COLLAPSE — V, Guerilla Economist ~ SGTreport.com


V, The Guerrilla Economist helps us ring in 2016 as we discuss the timeline for collapse. If we give credence to the Rothschild owned Economist magazine, then 2018 marks the very end of the line for the US Dollar. But as V notes, the dominoes of the Dollar’s demise have already been in the process of falling. “What should alarm you folks is that we are hanging on by a thread.”

Wishing you are very happy, blessed and hopefully prosperous New Year. Thanks you for supporting us at SGTREPORT.com by visiting us for real news, 24/7.

For REAL News & Information 24/7:
http://sgtreport.com/
http://thelibertymill.com/

Music by Chris Zabriskie
“It’s Always Too Late To Start Over”
Licensed under Creative Commons “Attribution 3.0” http://creativecommons.org/licenses/b…

The content in my videos and on the SGTbull07 – SGTreport.com channel are provided for informational purposes only. Use the information found in these videos as a starting point for conducting your own research and conduct your own due diligence BEFORE making any significant investing decisions. SGTbull07 – SGTreport.com assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you.

Bill Holter-2016 Economic Prediction, Complete Financial Collapse


The bond market is full of debt that will never be paid back. It’s one of the biggest frauds of all. Financial writer Holter says, “Go back to 1995 and our debt in the U.S began to move up like a hockey stick. Somewhere in the mid to late 1990’s was the point of no return. We didn’t really have any hope of paying it back. In 2008, it was ridiculous, and at this point, it is beyond ridiculous. They can’t pay back the $19 trillion much less the $200 trillion, which is what the real number is when you include Social Security, Fannie Mae, Freddie Mac, Medicare, loan guarantees and etcetera.” In closing, Holter says, “This is going to be a complete financial collapse. You are going to see some deflation, but it’s not going to be deflation against dollars. It will be deflation against gold.” Meaning, the value of everything will devalue against gold.

Join Greg Hunter as he goes One-on-One with gold expert Bill Holter from JSMineset.com.

All links can be found on USAWatchdog.com: http://usawatchdog.com/2016-predictio…

Peter Schiff’s Father Dies In Prison, Shackled To A Hospital Bed ~ ZeroHedge


Tyler Durden's picture

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

Most of you will be quite familiar with Peter Schiff. Fewer of you will know much about his father, Irwin Schiff, who was posthumously referred to as the “grandfather of the contemporary tax protest movement” in Forbes.

Irwin was treated very poorly by his own country, particularly toward the end of his life when, despite being legally blind and dying of cancer, he was not permitted to die in peace amongst family members.

His son Peter wrote the following as a tribute:
>
My father Irwin A. Schiff was born Feb. 23rd 1928, the 8th child and only son of Jewish immigrants, who had crossed the Atlantic twenty years earlier in search of freedom. As a result of their hope and courage my father was fortunate to have been born into the freest nation in the history of the world.  But when he passed away on Oct. 16th, 2015 at the age of 87, a political prisoner of that same nation, legally blind and shackled to a hospital bed in a guarded room in intensive care, the free nation he was born into had itself died years earlier.

 

My father had a life-long love affair with our nation’s founding principals and proudly served his country during the Korean War, for a while even having the less then honorable distinction of being the lowest ranking American soldier in Europe.  While in college he became exposed to the principles of Austrian economics through the writings of Henry Hazlitt and Frederick Hayek. He first became active in politics during Barry Goldwater’s failed 1964 presidential bid. His activism intensified during the Vietnam Era when he led local grass root efforts to resist Yale University’s plans to conduct aid shipments to North Vietnam at a time when that nation was actively fighting U.S. forces in the south. Later in life he staged an unsuccessful write in campaign for governor of Connecticut, then eventually lost the Libertarian Party’s presidential nomination to Harry Brown in 1996.

 

In 1976 his beliefs in free market economics, limited government, and strict interpretation of the Constitution led him to write his first book The Biggest Con: How the Government is Fleecing You, a blistering indictment of the post New Deal expansion of government in the United States. The book achieved accolades in the mainstream conservative world, receiving a stellar review in the Wall Street Journal, among other mainstream publications.

 

But my father was most known for his staunch opposition to the Federal Income Tax, for which the Federal Government labeled him a “tax protester.”  But he had no objection to lawful, reasonable taxation.  He was not an anarchist and believed that the state had an important, but limited role to play in market based economy.  He opposed the Federal Government’s illegal and unconstitutional enforcement and collection of the income tax.   His first book on this topic (he authored six books in total) How Anyone Can Stop Paying Income Taxes, published in 1982 became a New York Times best seller.  His last, The Federal Mafia; How the Government Illegally Imposes and Unlawfully collects Income Taxes, the first of three editions published in 1992, became the only non-fiction, and second and last book to be banned in America.  The only other book being Fanny Hill; Memoirs of a Woman of Pleasure, banned for obscenity in 1821 and 1963.

 

His crusade to force the government to obey the law earned him three prison sentences, the final one being a fourteen-year sentence that he began serving ten years ago, at the age of 77.   That sentence turned into a life sentence, as my father failed to survive until his planned 2017 release date. However in actuality the life sentence amounted to a death sentence.  My father died from skin cancer that went undiagnosed and untreated while he was in federal custody.  The skin cancer then led to a virulent outbreak of lung cancer that took his life just more than two months after his initial diagnosis.

 

The unnecessarily cruel twist in his final years occurred seven years ago when he reached his 80th birthday. At that point the government moved him from an extremely low security federal prison camp in New York State where he was within easy driving distance from family and friends, to a federal correctional institute, first in Indiana and then in Texas.  This was done specially to give him access to better medical care.  The trade off was that my father was forced to live isolated from those who loved him.  Given that visiting him required long flights, car rentals, and hotel stays, his visits were few and far between.   Yet while at these supposed superior medical facilities, my father received virtually no medical care at all, not even for the cataracts that left him legally blind, until the skin cancer on his head had spread to just about every organ in his body.

 

At the time of his diagnosis in early August of this year, he was given four to six mouths to live.  We tried to get him out of prison on compassionate release so that he could live out the final months of his life with his family, spending some precious moments with the grandchildren he had barely known.  But he did not live long enough for the bureaucratic process to be completed.  Two months after the process began, despite the combined help of a sitting Democratic U.S. congresswoman and a Republican U.S. senator, his petition was still sitting on someone’s desk waiting for yet another signature, even though everyone at the prison actually wanted him released.   Even as my father lay dying in intensive care, a phone call came in from a lawyer and the Bureau of Prisons in Washington asking the prison medical representatives for more proof of the serious nature of my father’s condition.

 

As the cancer consumed him his voice changed, and the prison phone system no longer recognized it, so he could not even talk with family members on the phone during his finale month of life.  When his condition deteriorated to the point where he needed to be hospitalized, government employees blindly following orders kept him shackled to his bed.   This despite the fact that escape was impossible for an 87 year old terminally ill, legally blind patient who could barley breathe, let alone walk.

 

Whether or not you agree with my father’s views on the Federal Income Tax, or the manner by which it is collected, it’s hard to condone the way he was treated by our government.   He held his convictions so sincerely and so passionately that he continued to espouse them until his dying breath.  Like William Wallace in the final scene of Braveheart, an oppressive government may have succeeded in killing him, but they did not break his spirit.    And that spirit will live on in his books, his videos, and in his children and grandchildren.   Hopefully his legacy will one day help restore the lost freedoms he died trying to protect, finally allowing him to rest in peace.

I’d like to end this post on a lighter note, by sharing one of my favorite clips of Irwin, a man unappreciated by his country and left to die and elderly man, shackled to a cold hospital bed.

RIP Irwin Schiff.

http://www.zerohedge.com/news/2015-10-19/peter-schiff%E2%80%99s-father-dies-prison-shackled-hospital-bed

Bill Holter ~ A Major Event Will Be Used To Cover-Up The Collapse Of The Economy


Today’s Guest: Bill Holter

Website:
Jim Sinclair’s MineSet
http://www.jsmineset.com

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