thegente

Oh the irony, pedophile politicians passing laws on morality...hypocrites as usual http://www.washingtonpost.com/news/morning-mix/wp/2014/07/07/a-big-political-cover-up-of-1980s-pedophile-ring-in-u-k-parliament/

No Dwitte, there's not 300 trillion dollars, it's all 1's and zeroes in computers, and it's part of the financial pozi scam keeping everyone in debt slavery. The entire financial system is leveraged at least 30 to one for real assets to paper....read up on Derivatives market, and banks overleveraged, and it Will start to make sense. Basically this all started when Clinto repealed the Glass-Stegal act in 98, which allowed the banks to go crazy with their assets and gamble them in stocks and other financial instruments, which ended up with rh meltdown of 2008, and the following bank bailouts. The govt is enabling Wall St. to reap the highs when the market is up, and the taxpayers to pay for it when they lose....

While everone was busy fearing death from ebola, squabbling over Ferguson, ISIS, or any number of media distractions, Americans were yet again sold down the river.... http://www.zerohedge.com/news/2014-12-12/presenting-303-trillion-derivatives-us-taxpayers-are-now-hook Presenting The $303 Trillion In Derivatives That US Taxpayers Are Now On The Hook For 12/12/2014 07:52 -0500 inShare82 Courtesy of the Cronybus(sic) last minute passage, government was provided a quid-pro-quo $1.1 trillion spending allowance with Wall Street's blessing in exchange for assuring banks that taxpayers would be on the hook for yet another bailout, as a result of the swaps push-out provision, after incorporating explicit Citigroup language that allows financial institutions to trade certain financial derivatives from subsidiaries that are insured by the Federal Deposit Insurance Corp, explicitly putting taxpayers on the hook for losses caused by these contracts. Recall: Five years after the Wall Street coup of 2008, it appears the U.S. House of Representatives is as bought and paid for as ever. We heard about the Citigroup crafted legislation currently being pushed through Congress back in May when Mother Jones reported on it. Fortunately, they included the following image in their article: Unsurprisingly, the main backer of the bill is notorious Wall Street lackey Jim Himes (D-Conn.), a former Goldman Sachs employee who has discovered lobbyist payoffs can be just as lucrative as a career in financial services. We say explicitly, of course, because taxpayers have always been on the hook implicitly for the next Wall Street meltdown. Why? Exhibit A: US banks are the proud owners of $303 trillion in derivatives (and spare us the whole "but.. but... net exposure" cluelessness - read here why that is absolutely irrelevant when even one counterpaty fails): Exhibit B: Here are the four banks that are in complete control of the US "republic." At least we now know with certainty that to a clear majority in Congress - one consisting of republicans and democrats - the future viability of Wall Street is far more important than the well-being of their constituents. Which also, implicitly, was made clear when Hank Paulson was waving a three-page "blank check" term sheet, and when Congress voted through the biggest bailout of banks in US history back in 2008. The only question is when the next multi-trillion (or perhaps quadrillion now that all global central banks are all in?) bailout takes place. Source: OCC MORE: http://libertyblitzkrieg.com/2014/12/05/wall-street-moves-to-put-taxpayers-on-the-hook-for-derivatives-trades/ Wall Street Moves to Put Taxpayers on the Hook for Derivatives Trades Michael Krieger | Posted Friday Dec 5, 2014 at 3:43 pm Wall Street has for some time attempted to put taxpayers on the hook for its derivatives trades. I highlighted this a year ago in the post: Citigroup Written Legislation Moves Through the House of Representatives. Here’s an excerpt: Five years after the Wall Street coup of 2008, it appears the U.S. House of Representatives is as bought and paid for as ever. We heard about the Citigroup crafted legislation currently being pushed through Congress back in May when Mother Jones reported on it. Fortunately, they included the following image in their article: Unsurprisingly, the main backer of the bill is notorious Wall Street lackey Jim Himes (D-Conn.), a former Goldman Sachs employee who has discovered lobbyist payoffs can be just as lucrative as a career in financial services. The last time Mr. Himes made an appearance on these pages was in March 2013 in my piece: Congress Moves to DEREGULATE Wall Street. Fortunately, that bill never made it to a vote on the Senate floor, but now Wall Street is trying to sneak it into a bill needed to keep the government running. You can’t make this stuff up. From the Huffington Post: WASHINGTON — Wall Street lobbyists are trying to secure taxpayer backing for many derivatives trades as part of budget talks to avert a government shutdown. According to multiple Democratic sources, banks are pushing hard to include the controversial provision in funding legislation that would keep the government operating after Dec. 11. Top negotiators in the House are taking the derivatives provision seriously, and may include it in the final bill, the sources said. The bank perks are not a traditional budget item. They would allow financial institutions to trade certain financial derivatives from subsidiaries that are insured by the Federal Deposit Insurance Corp. — potentially putting taxpayers on the hook for losses caused by the risky contracts. Big Wall Street banks had typically traded derivatives from these FDIC-backed units, but the 2010 Dodd-Frank financial reform law required them to move many of the transactions to other subsidiaries that are not insured by taxpayers. Last year, Rep. Jim Himes (D-Conn.) introduced the same provision under debate in the current budget talks. The legislative text was written by a Citigroup lobbyist, according to The New York Times. The bill passed the House by a vote of 292 to 122 in October 2013, 122 Democrats opposed, and 70 in favor. All but three House Republicans supported the bill. It wasn’t clear whether the derivatives perk will survive negotiations in the House, or if the Senate will include it in its version of the bill. With Democrats voting nearly 2-to-1 against the bill in the House, Senate Majority Leader Harry Reid (D-Nev.) never brought the bill up for a vote in the Senate. Remember what Wall Street wants, Wall Street gets. Have a great weekend chumps.

Obama is only doing as his handlers tell him too, same as Bush, Clinton, etc...all bought and paid for puppets, just like front men for the Mob...they don't take a crap without being told...hitching about Obama is like getting mad at the megaphone for what the user is saying. When will people realize big biz, banking and the MIC make the decisions, not the sock-puppets.

http://www.zerohedge.com/news/2014-12-10/game-rigged-why-americans-keep-losing-police-state The Game Is Rigged: Why Americans Keep Losing To The Police State 12/10/2014 21:10 -0500 inShare Submitted by John Whitehead via The Rutherford Institute, My 7-year-old granddaughter has suddenly developed a keen interest in card games: Go Fish, Crazy Eights, Old Maid, Blackjack, and War. We’ve fallen into a set pattern now: every time we play, she deals the cards, and I pretend not to see her stacking the deck in her favor. And of course, I always lose. “The truth is that the State is a conspiracy designed not only to exploit, but above all to corrupt its citizens.”—Leo Tolstoy I don’t mind losing to my granddaughter at Old Maid, knowing full well the game is rigged. For now, it’s fun and games, and she’s winning. Where the rub comes in is in knowing that someday she’ll be old enough to realize that being a citizen in the American police state is much like playing against a stacked deck: you’re always going to lose. The game is rigged, and “we the people” keep getting dealt the same losing hand. Even so, we stay in the game, against all odds, trusting that our luck will change. The problem, of course, is that luck will not save us. The people dealing the cards—the politicians, the corporations, the judges, the prosecutors, the police, the bureaucrats, the military, the media, etc.—have only one prevailing concern, and that is to maintain their power and control over the country and us. It really doesn’t matter what you call them—the 1%, the elite, the controllers, the masterminds, the shadow government, the police state, the surveillance state, the military industrial complex—so long as you understand that while they are dealing the cards, the deck will always be stacked in their favor. Incredibly, no matter how many times we see this played out, Americans continue to naively buy into the idea that it’s our politics that divide us as a nation. As if there were really a difference between the Democrats and Republicans. As if the policies of George W. Bush were any different from those of Barack Obama. As if we weren’t a nation of sheep being fattened for the kill by a ravenous government of wolves. We’re in trouble, folks, and changing the dealer won’t save us: it’s time to get out of the game. We have relinquished control of our government to overlords who care nothing for our rights, our dignity or our humanity, and now we’re saddled with an authoritarian regime that is deaf to our cries, dumb to our troubles, blind to our needs, and accountable to no one. Even revelations of wrongdoing amount to little in the way of changes for the better. For instance, after six years of investigation, 6,000 written pages and $40 million to write a report that will not be released to the public in its entirety, the U.S. Senate has finally concluded that the CIA lied about its torture tactics, failed to acquire any life-saving intelligence, and was more brutal and extensive than previously admitted. This is no revelation. It’s a costly sleight of hand intended to distract us from the fact that nothing has changed. We’re still a military empire waging endless wars against shadowy enemies, all the while fattening the wallets of the defense contractors for whom war is money. Same goes for the government’s surveillance programs. More than a year after Edward Snowden’s revelations dominated news headlines, the government’s domestic surveillance programs are just as invasive as ever. In fact, while the nation was distracted by the hubbub over the long-awaited release of the Senate’s CIA torture, the Foreign Intelligence Surveillance Court quietly reauthorized the National Security Agency’s surveillance of phone records. This was in response to the Obama administration’s request to keep the program alive. Police misconduct and brutality have been dominating the news headlines for months now, but don’t expect any change for the better. In fact, with Obama’s blessing, police departments continue to make themselves battle ready with weapons and gear created for the military. Police shootings of unarmed citizens continue with alarming regularity. And grand juries, little more than puppets controlled by state prosecutors, continue to legitimize the police state by absolving police of any wrongdoing. These grand juries embody everything that’s wrong with America today. In an age of secret meetings, secret surveillance, secret laws, secret tribunals and secret courts, the grand jury—which meets secretly, hears secret testimony, and is exposed to only what a prosecutor deems appropriate—has become yet another bureaucratic appendage to a government utterly lacking in transparency, accountability and adherence to the rule of law. It’s a sorry lesson in how a well-intentioned law or program can be perverted, corrupted and used to advance illegitimate purposes. The war on terror, the war on drugs, asset forfeiture schemes, road safety schemes, school zero tolerance policies, eminent domain, private prisons: all of these programs started out as legitimate responses to pressing concerns. However, once you add money and power into the mix, even the most benevolent plans can be put to malevolent purposes. In this way, the war on terror has become a convenient ruse to justify surveillance of all Americans, to create a suspect society, to expand the military empire, and to allow the president to expand the powers of the Executive Branch to imperial heights. Under cover of the war on drugs, the nation’s police forces have been transformed into extensions of the military, with SWAT team raids carried out on unsuspecting homeowners for the slightest charge, and police officers given carte blanche authority to shoot first and ask questions later. Asset forfeiture schemes, engineered as a way to strip organized crime syndicates of their ill-gotten wealth, have, in the hands of law enforcement agencies, become corrupt systems aimed at fleecing the citizenry while padding the pockets of the police. Eminent domain, intended by the founders as a means to build roads and hospitals for the benefit of the general public, has become a handy loophole by which local governments can evict homeowners to make way for costly developments and shopping centers. Private prisons, touted as an economically savvy solution to cash-strapped states with overcrowded prisons have turned into profit- and quota-driven detention centers that jail Americans guilty of little more than living off the grid, growing vegetable gardens in the front yards, or holding Bible studies in their back yards. Traffic safety schemes such as automated red light and speed cameras, ostensibly aimed at making the nation’s roads safer, have been shown to be thinly disguised road taxes, levying hefty fines on drivers, most of whom would never have been pulled over, let alone ticketed, by an actual police officer. School zero tolerance policies, a response to a handful of school shootings, have become exercises in folly, turning the schools into quasi-prisons, complete with armed police, metal detectors and lockdowns. The horror stories abound of 4- and 6-year-olds being handcuffed, shackled and dragged, kicking and screaming, to police headquarters for daring to act like children while at school. As for grand juries, which were intended to serve as a check on the powers of the police and prosecutors, they have gone from being the citizen’s shield against injustice to a weapon in the hands of government agents. A far cry from a people’s court, today’s grand jury system is so blatantly rigged in favor of the government as to be laughable. Unless, that is, you happen to be one of the growing numbers of Americans betrayed and/or victimized by their own government, in which case, you’ll find nothing amusing about the way in which grand juries are used to terrorize the populace all the while covering up police misconduct. Unfortunately, as I make clear in my book A Government of Wolves: The Emerging American Police State, we’re long past the point of simple fixes. The system has grown too large, too corrupt, and too unaccountable. If there’s to be any hope for tomorrow, it has to start at the local level, where Americans still have a chance to make their voices heard. Stop buying into the schemes of the elite, stop being distracted by their sleight-of-hands, stop being manipulated into believing that an election will change anything, and stop playing a rigged game where you’ll always be the loser. It’s time to change the rules of the game. For that matter, it’s time to change the game.

Getting ready for the financial implosion/reset...they don't know what's gonna happen when SHTF

http://www.zerohedge.com/news/2014-12-10/why-us-treasury-quietly-ordering-surival-kits-us-bankers CLICK ON THE LINK TO SEE MORE, COULDN'T BRING IT ALL OVER Why Is The US Treasury Quietly Ordering "Surival Kits" For US Bankers? 12/10/2014 15:32 -0500 The Department of Treasury is spending $200,000 on survival kits for all of its employees who oversee the federal banking system, according to a new solicitation. As FreeBeacon reports, survival kits will be delivered to every major bank in the United States and includes a solar blanket, food bar, water-purification tablets, and dust mask (among other things). The question, obviously, is just what do they know that the rest of us don't? As Free Beacon reports, The Department of Treasury is seeking to order survival kits for all of its employees who oversee the federal banking system, according to a new solicitation. The emergency supplies would be for every employee at the Office of the Comptroller of the Currency (OCC), which conducts on-site reviews of banks throughout the country. The survival kit includes everything from water purification tablets to solar blankets. The government is willing to spend up to $200,000 on the kits, according to the solicitation released on Dec. 4. The survival kits must come in a fanny-pack or backpack that can fit all of the items, including a 33-piece personal first aid kit with “decongestant tablets,” a variety of bandages, and medicines. The kits must also include a “reusable solar blanket” 52 by 84 inches long, a 2,400-calorie food bar, “50 water purification tablets,” a “dust mask,” “one-size fits all poncho with hood,” a rechargeable lantern with built-in radio, and an “Air-Aid emergency mask” for protection against airborne viruses. Survival kits will be delivered to every major bank in the United States including Bank of America, American Express Bank, BMO Financial Corp., Capitol One Financial Corporation, Citigroup, Inc., JPMorgan Chase & Company, and Wells Fargo. ... The agency has roughly 3,814 employees, each of which would receive a survival kit. The staff includes “bank examiners” who provide “sustained supervision” of major banks in the United States. ... It is not clear why the Treasury Department is ordering the kits. * * * One can only imagine what the Treasury department is thinking will happen in the near-future... while it is indeed good to be prepared, the timing as domestic social unrest ramps up, the driver of the recovery is crashing, and the Fed has stepped away is 'odd' to say the least. * * * Full OCC RFP below: http://www.scribd.com/doc/249781337/Survival-Kits-RFP

Yep corporations thrive on it...

Thanks bud...yep, I stay away from all that craziness as much as possible too...prefer to chill with my wife and friends here at home...

Thx Jim, am doing great, hope you're having a good holiday season...if I do eat any quickie burgers it's usually 5 guys or from a local diner. I member as a kid, (I'm 45) Mcd's was much higher quality. I haven't eaten it at years, and the last time I did, I was off for several days, never again...

McDonald's is total crap...plenty of other mom n pop places to eat wholesome tasty food at the same prices...why people still eat that corporate death garbage is beyond me...

Hahaha...all the shyteheel banksters will start singing that tune soon as well in hopes of being spared when SHTF..too little too late Greenie. Reset is close folks...thx But if!

Thanks Jim, and well said....just hoping more will wake up, and stop being so afraid of everything being constantly pumped by the gov and their media minions...

Just some food for thought.... 24 SIGNS YOU MAY BE AN AUTORITARIAN:

Good post OC... lots of folks out there don't ever dig deep enough to see how, or why things are the way they are. If Saddam hadn't started trading his oil for gold, we would have never been therein the 1st place. The banking clan doesn't like it when you stop using their worthless fiat toilet paper...

Most definitely! that's why we Are Americans, and I will put a few down for ye, cheers!

Gym, with all due respect, people with pitchforks have overthrow tyrants in the past, and if enough folks wake up and see who the true enemies are, things CAN change. Anyway, it's Friday, so have a good weekend, it's beer-thirty for me...

Good post Jonjon, thanks! You're correct Jim about fear, it seems they have weaponized it as of late...the fear mongering seems to have reached feve-pitch near hysterics lately...

Nothing will change with that type of mindset....if you think profiting from bombing people to death is "good business" you have some serious issues. And being the world's number one arms dealer is nothing to brag about...that being said, I do believe in a strong military for defense of our country, NOT to be used as a big stick for corporate and political interests. . And as far as seeing hostility, you have no idea who I am or the things I've seen/done in my life time. And as for America "liking" Syria and many other countries, it has nothing to do with "like", it has to do with resource control, and funneling trillions to the elite. So I should just "get used to it", "get over it"....is that what you would have told the Founding Fathers when they started complaining? Again, you seem to have NO IDEA of the difference between being a Patritot or being a Statist. And lastly, as for you "Assad is the main reason" rhetoric, like I said, there is more than enough evidence to see the light if you choose to... But you would actually have take 5 minutes to listen to something other that your rah-rah-rah MSM kool-aid, you might be able to actually see the forest for the trees.

Jim, you broke it down perfectly...PRIDE...and ARROGANCE. Most people are deathly afraid of the unknown and most Americans by and large, have never set foot abroad, or out of their state for that matter, and I think if they did, we would have lot more folks with a better grasp on reality and how the world works.

You can always tell when someone has no logical reply, or any deep though processes when they resort to hostility. Guess I hit a neve. And as for your statement "if you hate it so much"...Hate what? The fact our government is bombing people for profit? In WHAT world is that considered American, or Patriotic? This country was founded on dissent and questioning the staus quo (PATRIOTISM), not blindly obeying your government (STATISM), and it seems you are unable to distinguish the two.. I'm not going anywhere my friend, I love America, just not how and who it is curremtly run by.

Yep, my bad GYM...yep, he's another evil dictator we must remove in the name of freedom, just like Iraq, Libya, etc. Has nothing to do with Qatar and the Saudis wanting to run a pipline thru his country which he wouldn't allow (which I've provided evidence of many times, which you continually ignore)...just like when Saddam and Ghaddafi wanted to back thier DInar with gold and stop using the USD for oil transactions...nope had NOTHING to do with ANY of that. We just wanna help them Syrians to be able to buy BigMacs and shop Wal-Mart!! Just keep on believing the narrative the govt has used time and tme again to get us into wars for profit. Clue: Before we started stealing their oil ad installing pouppet dictators to help rob said oil, WE HAD NO PROBLEM WITH THE MIDDLE EAST

Thanks Jim and Rayzur...yes, I know I am still dumbfounded people actually still believe the crap that is pumped out daily by our gov and MSM...lack of critical thinking and ingnorance are HUGE part of the problem.

www.zerohedge.com/news/2014-10-09/german-journalist-blows-whistle-how-cia-controls-media German Journalist Blows Whistle On How The CIA Controls The Media 10/09/2014 14:04 -0400 Germany SPY inShare2 Submitted by Michael Krieger via Liberty Blitzkrieg blog, “I was bribed by billionaires, I was bribed by the Americans to report…not exactly the truth.” - Udo Ulfkotte, a former editor of one of Germany’s main daily publications, Frankfurter Allgemeine Zeitung Some readers will see this and immediately dismiss it as Russian propaganda since the interview appeared on RT. This would be a serious mistake. Whether you want to admit it or not, CIA control of the media in the U.S. and abroad is not conspiracy theory, it is conspiracy fact. Carl Bernstein, who is best known for his reporting on Watergate, penned a 25,000 word article in Rolling Stone after spending six months looking at the relationship of the CIA and the press during the Cold War years. Below is an excerpt, but you can read the entire thing here. In 1953, Joseph Alsop, then one of America’s leading syndicated columnists, went to the Philippines to cover an election. He did not go because he was asked to do so by his syndicate. He did not go because he was asked to do so by the newspapers that printed his column. He went at the request of the CIA. Alsop is one of more than 400 American journalists who in the past twenty?five years have secretly carried out assignments for the Central Intelligence Agency, according to documents on file at CIA headquarters. Some of these journalists’ relationships with the Agency were tacit; some were explicit. There was cooperation, accommodation and overlap. Journalists provided a full range of clandestine services—from simple intelligence gathering to serving as go?betweens with spies in Communist countries. Reporters shared their notebooks with the CIA. Editors shared their staffs. Some of the journalists were Pulitzer Prize winners, distinguished reporters who considered themselves ambassadors without?portfolio for their country. Most were less exalted: foreign correspondents who found that their association with the Agency helped their work; stringers and freelancers who were as interested in the derring?do of the spy business as in filing articles; and, the smallest category, full?time CIA employees masquerading as journalists abroad. In many instances, CIA documents show, journalists were engaged to perform tasks for the CIA with the consent of the managements of America’s leading news organizations. Like any good intelligence agency, the CIA learned from its mistakes upon being exposed, and has since adjusted tactics. This is where the concept of “non-official cover” comes into play. The term was recently described by German journalist Udo Ulfkotte, in a blistering RT interview. Mr. Ulfkotte was previously a respected journalist for one of Germany’s main dailies, Frankfurter Allgemeine Zeitung (FAZ), so he is no small fry. “Non-official cover” occurs when a journalist is essentially working for the CIA, but it’s not in an official capacity. This allows both parties to reap the rewards of the partnership, while at the same time giving both sides plausible deniability. The CIA will find young journalists and mentor them. Suddenly doors will open up, rewards will be given, and before you know it, you owe your entire career to them. That’s essentially how it works. But don’t take it from me… If this peaked your curiosity, read about Operation Mockingbird. OPERATION MOCKINGBIRD http://en.wikipedia.org/wiki/Operation_Mockingbird CIA AND THE MEDIA by Carl Bernstein: http://www.carlbernstein.com/magazine_cia_and_media.php