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Archive for the ‘abuse of power/corruption’ Category

Think the Fed’s QE1 and QE2 will cause hyper-inflation? I did, until I read Jeffrey Rogers Hummel’s recent paper “Ben Bernanke Versus Milton Friedman”. Bernanke is simply shuffling paper around to bail out his bankster buddies and he is doing it without increasing the money supply – despite popular belief.

As impressive as that is, there is a severe downside. The Fed-manufactured crises of 2008 has literally made them the economy’s central planners. Here is an excerpt from Hummel’s paper:

Under the old central planning—which performed so poorly in the Soviet Union, Communist China, and other command economies—the government attempted to manage production and the supply of goods and services. Under the new central planning, the Fed attempts to manage the financial system and the supply and allocation of credit.

[…]

But now with Bernanke, the central planning aspect of central banking has become far more encompassing. As George Selgin put it in an interview, “the Fed . . . has morphed into a central planning agency with a corporate welfare department.”

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Only one reporter had the balls to challenge the banksters and his name was Mark Pittman. He mysteriously died at the age of 52 after winning a Federal Court case against government secrecy.

Twenty months after the Federal Court’s ruling, Geithner mocks the judge and the rule of law by providing basically nothing:

They were so heavily redacted that most of what’s left are everyday messages such as “Did you just try to call me?” and “Monday will be a busy day!”
 None of the documents answers Pittman’s request for “records sufficient to show the names of the relevant securities” or the dates and terms of the guarantees.

This is all happening under the Obama regime, the one that campaigned on more transparency and “open government”.

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Because it is honest.

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Richard Forer writes:

You may not be aware, for example, that Israel conspired with the Egyptian Muslim Brotherhood in 1987 to create Hamas. Israel also armed Hamas. It wanted an alternative to the PLO [Palestine Liberation Organization]. The first Intifada began in 1987. It was primarily nonviolent on the part of Palestinians (not Israelis). Israel arrested or deported most of the nonviolent leaders while allowing Sheikh [Ahmad] Yassin, Hamas’s spiritual leader, to distribute anti-Jewish hate literature calling for the violent overthrow of the Zionist government. It is far easier for Israel to portray the Palestinians as psychotic killers in order to divert the world’s attention from its strategy of land theft and ethnic cleansing and thereby deceive the world into believing the Israeli army is merely defending itself than it is to justify land theft and ethnic cleansing of Palestinians when their resistance is nonviolent.

Read the rest here.

More info here: Hamas is a Creation of Mossad

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Marc Stevens writes:

It’s truly amazing despite all the crimes committed by governments, people still religiously cling to the idea governments are necessary to protect life, liberty and property. You can even point out governments not only have no duty to protect anyone, but also do a disasterous job at whatever they bother doing. Despite overwhelming evidence government is not only unnecessary, corrupt and a cancer on the world, its victims continue to revere them. Maybe this will help convince them governments are nothing more than gangs of killers, thieves and liars.

I disagree about them doing a disastrous job. Government actually does its job exceptionally well – which is to rob, rape, murder and plunder its subjects while doing everything in its power to expand and protect its monopoly on violence.

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From John Carpenter’s They Live:

(Thanks to Michelle)

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