It's no wonder the country is going down the tubes!
Saturday, July 4, 2015
Friday, July 3, 2015
America has now been warned ...actually, we've been warned before but Americans are still asleep!
This is an interesting editorial because it brings to mind so many things that I have written about before and with more or less the same perspective. Coming from someone other than myself gives me some reassurance that I have been right all along and to the obvious conclusion that there are others out there that have figured it out... Why more people haven't done so is spelled out in the last four words in the title above. But there is something I would like to add to Bradlee Dean's commentary...something I've mentioned on other occasions. That there are some people that die prematurely and escape the punishment they justly deserve for the harm they have inflicted upon this once great country. I've said this about John Murtha and Ted Kennedy, two of the most ruthless politicians to ever walk the planet. They both needed to do a bout thirty years or more in meanest penitentiary you can find in the country... What harm have they done to our country? Too much to discuss here, but if you don't know you most likely voted for them and that leaves you in the sleep category mentioned above. I've also made a comment about Eric Holder... I would be highly disappointed if he died prematurely...I would like to see him behind bars for as long as they can keep him alive. What did he do? If you have to ask, then maybe you should become his cellmate!
Meanwhile, when you get to the video you'll see another guy that deserves to live out his remaining years (or in his case, weeks or months) behind bars...even in his wheel chair! And that would be Henry Kissinger! ...check the video out and if you cannot see why this scumbag should be in prison then repeat the Eric Holder cellmate suggestion here. ~
Norman E. Hooben
PS: Two of the most accurate predictions ever made, were made by James Madison and Abraham Lincoln...you can find them in the narrative below. Both these predictions are what's happening right now!
THE IMPERIAL PRESIDENCY
The enemy within is now setting the narrative ~ World Net Daily
Exclusive: Bradlee Dean cites ways freedoms have been quashed since 9/11
The DHS and FBI recently posted a map where they would set up command posts within the United States so you can report things you may find suspicious. Or do they mean so those willing to come forward to be informants can find them? Apparently, there are those among us who are more than willing to be useful to their own demise. What, will the enemies not see this post? How ridiculously obvious can this get before America awakens to who her real enemies are?
Keep in mind that DHS Secretary Jeh Johnson stated that it was his job to “give voice to the plight of the Muslims.” It’s the same department to which Barack Hussein Obama has appointed Muslims with terrorist ties to oversee the American people (Deuteronomy 28:36; Jeremiah 5:6). This administration has been involved in funding, training, supplying and even in the entertaining of America’s sworn enemies in the people’s White House.
Don’t forget that Barrack Hussein Obama has sued governors in the United States for upholding border control laws and acted outside of his constitutional authority by opening up the floodgates to illegal’s coming in on the Southern border. His administration has released tens of thousands of illegal immigrant felons from American prisons onto the streets only to prey upon the innocent.
Furthermore, he’s granted asylum to Muslims from Syria to colonize by the thousands American cities while attacking America’s military, America’s Christians and constitutional patriots (Deuteronomy 28:52). He’s even gone so far as to force the U.S. military to submit to the Shariah during Ramadan. We now have over 1,063 documented transgressions concerning this president’s treason, corruption, lies and lawlessness. Article II, Section 4, of the United States Constitution says that he should have been impeached for one simple misdemeanor.
Since Sept. 11, 2001, the federal government has asked the American people to give up the rights God has given, which her sons and daughters, in the hundreds of thousands, have fought, bled and died to secure. (John 15:13)
This current administration, along with the Bush administration, has done more to destroy this country than any foreign country could have dreamed of doing. The unconstitutional Patriot Act, the Transportation Security Administration and other unconstitutional departments and bureaus have been contrived to strip the American people of their God-given rights.
Why, in a state of terror threats, is this administration attempting to disarm you? And all of this has been done in the light of day (Jeremiah 5:21-22).
Who is profiting from the use of terror? Who is asking you to give up your rights? Who has been playing the race card attempting to divide the American people and stir up domestic insurrection? You would think with all of these new bureaucracies that are now in place that we would not have a thing to worry about. Yet, more fear is the narrative pushed at every given turn.
As it stands now, you are being conditioned for another attack and that from a foreign enemy.
Meanwhile, when you get to the video you'll see another guy that deserves to live out his remaining years (or in his case, weeks or months) behind bars...even in his wheel chair! And that would be Henry Kissinger! ...check the video out and if you cannot see why this scumbag should be in prison then repeat the Eric Holder cellmate suggestion here. ~
Norman E. Hooben
PS: Two of the most accurate predictions ever made, were made by James Madison and Abraham Lincoln...you can find them in the narrative below. Both these predictions are what's happening right now!
THE IMPERIAL PRESIDENCY
The enemy within is now setting the narrative ~ World Net Daily
Exclusive: Bradlee Dean cites ways freedoms have been quashed since 9/11
“What good fortune for governments that the people do not think.” – Adolf HitlerAmerica has now been warned by the Department of Homeland Security that there is potential Islamic terror attacks planned for the Fourth of July.
The DHS and FBI recently posted a map where they would set up command posts within the United States so you can report things you may find suspicious. Or do they mean so those willing to come forward to be informants can find them? Apparently, there are those among us who are more than willing to be useful to their own demise. What, will the enemies not see this post? How ridiculously obvious can this get before America awakens to who her real enemies are?
Keep in mind that DHS Secretary Jeh Johnson stated that it was his job to “give voice to the plight of the Muslims.” It’s the same department to which Barack Hussein Obama has appointed Muslims with terrorist ties to oversee the American people (Deuteronomy 28:36; Jeremiah 5:6). This administration has been involved in funding, training, supplying and even in the entertaining of America’s sworn enemies in the people’s White House.
Don’t forget that Barrack Hussein Obama has sued governors in the United States for upholding border control laws and acted outside of his constitutional authority by opening up the floodgates to illegal’s coming in on the Southern border. His administration has released tens of thousands of illegal immigrant felons from American prisons onto the streets only to prey upon the innocent.
Furthermore, he’s granted asylum to Muslims from Syria to colonize by the thousands American cities while attacking America’s military, America’s Christians and constitutional patriots (Deuteronomy 28:52). He’s even gone so far as to force the U.S. military to submit to the Shariah during Ramadan. We now have over 1,063 documented transgressions concerning this president’s treason, corruption, lies and lawlessness. Article II, Section 4, of the United States Constitution says that he should have been impeached for one simple misdemeanor.
Since Sept. 11, 2001, the federal government has asked the American people to give up the rights God has given, which her sons and daughters, in the hundreds of thousands, have fought, bled and died to secure. (John 15:13)
This current administration, along with the Bush administration, has done more to destroy this country than any foreign country could have dreamed of doing. The unconstitutional Patriot Act, the Transportation Security Administration and other unconstitutional departments and bureaus have been contrived to strip the American people of their God-given rights.
Why, in a state of terror threats, is this administration attempting to disarm you? And all of this has been done in the light of day (Jeremiah 5:21-22).
Who is profiting from the use of terror? Who is asking you to give up your rights? Who has been playing the race card attempting to divide the American people and stir up domestic insurrection? You would think with all of these new bureaucracies that are now in place that we would not have a thing to worry about. Yet, more fear is the narrative pushed at every given turn.
“You can get people to do anything with the use of fear.” – Congressman Jim McDermott after Sept. 11, 2001What is it that Americans need before they lawfully respond to the crimes of this administration? (Article II, Section 4, U.S. Constitution; Isaiah 51:4)
As it stands now, you are being conditioned for another attack and that from a foreign enemy.
“Demoralize the enemy from within by surprise, terror, sabotage, assassination. This is the war of the future.” – Adolf HitlerRemember what Condoleeza Rice said of Josef Stalin? “Terror was the creation to mold politically the control that they wanted.” Who has attacked America more in the wake of 9/11 than the corrupt people in your government? (Leviticus 26:16)
“If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy.” – James Madison, 4th president of the United States
“America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves.” – Abraham LincolnAlso, former French military intelligence agent Pierre-Henry Bunel wrote in the April/June 2004 edition of World Affairs: “The truth is, there is no Islamic army or terrorist group called al-Qaida. And any informed intelligence officer knows this. But there is a propaganda campaign to make the public believe in the presence of an identified entity representing the ‘devil’ only in order to drive the ‘TV watcher’ to accept a unified international leadership for a war against terrorism. The country behind this propaganda is the U.S. and the lobbyists for the U.S. war on terrorism are only interested in making money.” So I ask, America, who is the enemy? (Leviticus 26:14-46; Deuteronomy 28:63). The Obama administration says it’s you, but the truth is the exact opposite.
___________________________
Anyone who does not believe that America is asleep needs to watch this video ↓
And these people vote!!!
Any of the so-called American respondents in the video should not be allowed to vote!
Thursday, July 2, 2015
And Al Sharpton is nowhere to be found...
Surveillance Video Released of Teens Rioting Inside Macon Walmart
Source WGXA-TV
By Noell Saunders and Noelle Kachinsky
Story Published: Jul 1, 2015
Source WGXA-TV
By Noell Saunders and Noelle Kachinsky
Story Published: Jul 1, 2015
Story Updated: Jul 1, 2015
MACON, Ga.-- Bibb County Deputies are still looking for nearly 50 teens suspected of ransacking a Macon Walmart store.
On Wednesday investigators released surveillance video from inside the store on Zebulon Road.
On Wednesday investigators released surveillance video from inside the store on Zebulon Road.
Walmart managers declined to speak on camera but a spokesperson for all the stores released a statement saying:
"We are working with the police and their investigation. Our management team responded immediately and contacted the police department. we take the safety of our customers and associates very seriously."
The sheriff's office says about 1:50 a.m. Sunday a large crowd of people ran into the store and pulled merchandise off the shelves.
Investigators say they also pulled a man from an electric wheelchair and dragged him onto the floor.
The sheriff's office says about 1:50 a.m. Sunday a large crowd of people ran into the store and pulled merchandise off the shelves.
Investigators say they also pulled a man from an electric wheelchair and dragged him onto the floor.
The teens then ran back out into the parking lot and drove off.
Lt. Randy Gonzalez with the Bibb County Sheriff's Office calls the crime bizarre.
" This is my first time ever experiencing something like this happening in my years of law enforcement," Gonzalez said.
Deputies arrested 17-year-old Kharron Green of Macon on adult charges of criminal damage to property, inciting a riot, and criminal street gang activity.
Deputies arrested 17-year-old Kharron Green of Macon on adult charges of criminal damage to property, inciting a riot, and criminal street gang activity.
![]() |
| Kharron Green |
The sheriff's office says Green told an employee in the parking lot they were trying to "do as much damage as possible", but denied being involved in the vandalism.
Investigators told WGXA they caught Green, because he left his cell phone in the store and returned to the scene to get it.
Green is charged as an adult with enticing a riot, second-degree criminal damage to property and street gang activity after one of the store cameras shows him throwing up a gang sign.
If you know who any of the other teens in the video could be, call the Bibb County Sheriff's Office or Crimestoppers at 1-877-68-CRIME.
See Police Report Here:
http://www.thesmokinggun.com/sites/default/files/imagecache/750x970/documents/walmartrampage1.jpg
See Police Report Here:
http://www.thesmokinggun.com/sites/default/files/imagecache/750x970/documents/walmartrampage1.jpg
Wednesday, July 1, 2015
Terror Alert !!! ~ Looks like a legitimate call for assistance...please do your part!
Video from Kansas City TV
KCTV5
Narrative from American National Militia
ALERT!!! ATTENTION ALL MILITIA, OATHKEEPERS and PATRIOT GROUPS.
Posted on by Drake
ALERT!!!!! ATTENTION ALL MILITIA, OATHKEEPERS and PATRIOT GROUPS.
As of 9:00 A.M. Central time I was contacted by the FBI to activate every Militia and Patriot groups in the U.S. for a eyes and ears OP over the 4th of July holiday for possible terrorist attacks( ISIS in nature). The threat level is very high. We need people to monitor the internet and groups to monitor all activities nation wide. This is the procedure in which we participate. I have already contacted many prominent Patriot and Militia leaders
1. Wear plain cloths.
2. Carry local Sheriffs Departments and local FBI contact numbers. If we see anything suspicious call the Sheriff first and then the FBI. Do not engage. Just monitor the situation until the Sheriff and FBI get to the scene.
3. If you are faced with an eminent attack and you are legally armed please protect life.. Be in groups so at least someone can get the Sheriff and FBI to the scene.
I want to note that this is the first time in our lifetimes the FBI has reached out for the help of every Militia unit and Patriotic groups to help guard our Nation. Please conduct yourselves as the Patriots we all are and do this with honor and integrity.. Another stepping stone for us all.
This will take a lot of team work so do not let personal feelings get in our way.
We got work to do Patriots so lets get to work protecting this nation in a coordinated effort with Law enforcement local, State and Federal.. We got a job to do Patriots.. Salute..
PLEASE SHARE this must go viral..
KCTV5
Narrative from American National Militia
ALERT!!! ATTENTION ALL MILITIA, OATHKEEPERS and PATRIOT GROUPS.
Posted on by Drake
ALERT!!!!! ATTENTION ALL MILITIA, OATHKEEPERS and PATRIOT GROUPS.
As of 9:00 A.M. Central time I was contacted by the FBI to activate every Militia and Patriot groups in the U.S. for a eyes and ears OP over the 4th of July holiday for possible terrorist attacks( ISIS in nature). The threat level is very high. We need people to monitor the internet and groups to monitor all activities nation wide. This is the procedure in which we participate. I have already contacted many prominent Patriot and Militia leaders
1. Wear plain cloths.
2. Carry local Sheriffs Departments and local FBI contact numbers. If we see anything suspicious call the Sheriff first and then the FBI. Do not engage. Just monitor the situation until the Sheriff and FBI get to the scene.
3. If you are faced with an eminent attack and you are legally armed please protect life.. Be in groups so at least someone can get the Sheriff and FBI to the scene.
I want to note that this is the first time in our lifetimes the FBI has reached out for the help of every Militia unit and Patriotic groups to help guard our Nation. Please conduct yourselves as the Patriots we all are and do this with honor and integrity.. Another stepping stone for us all.
This will take a lot of team work so do not let personal feelings get in our way.
We got work to do Patriots so lets get to work protecting this nation in a coordinated effort with Law enforcement local, State and Federal.. We got a job to do Patriots.. Salute..
PLEASE SHARE this must go viral..
Tuesday, June 30, 2015
Money... What you don't know about it will hurt you...sooner of later!
This is one of those areas that the powers-to-be keep the un-informed un-informed, whereas the person placing twenty-five cents in a gumball machine or buying a home for a million dollars should know how the money game is played but never asked to look at the rule book. One day it will all come to a screeching halt and that's when the un-informed* will be screeching the loudest...
~ Norman E. Hooben
*Just in case you didn't know, the un-informed is you! (over 90% of Americans)
“Follow the Money”
Understand the Federal Reserve Scam in Less Than 15 Minutes (VIDEO)
This clip is a brief exert from the documentary film THRIVE: What On Earth Will It Take? – The film does well in breaking down the basic structure of the Federal Reserve, and illustrates the problem with fiat currency. A comprehensive fact-check is included below the video.
This fact-check is taken from the Thrive Movement Website. It is being used here without permission, but in good conscience. The issue of our dangerous economy is one that should be understood by every American with a desire to be informed. It is sad that this is not common knowledge. -Tim O’Keefe (Waking Up Wisconsin)
*Just in case you didn't know, the un-informed is you! (over 90% of Americans)
“Follow the Money”
Understand the Federal Reserve Scam in Less Than 15 Minutes (VIDEO)
This clip is a brief exert from the documentary film THRIVE: What On Earth Will It Take? – The film does well in breaking down the basic structure of the Federal Reserve, and illustrates the problem with fiat currency. A comprehensive fact-check is included below the video.
Via Thrive Movement
VIDEO FACT-CHECKThis fact-check is taken from the Thrive Movement Website. It is being used here without permission, but in good conscience. The issue of our dangerous economy is one that should be understood by every American with a desire to be informed. It is sad that this is not common knowledge. -Tim O’Keefe (Waking Up Wisconsin)
Fractional Reserve
Fact: American banks have about nine times as much money loaned out as they have on reserve in their vaults.
According to the Federal Reserve’s Website as of December 31, 2009 any “depository institution” (bank) in the U.S. with more than $55.2 million in deposits must have at least 10% of their deposits (what banks call “liabilities”) on reserve. Most banks in the U.S. have far more than $55.2 million in total deposits, so they are subject to this 10% requirement. Smaller banks, however, have lower reserve requirements. Banks with less than $10.2 million in deposits are not required to hold any reserves and banks that have between $10.2-$55.2 million in deposits are subject to only a 3% reserve requirement.
As stated in the “Reserve Requirements” section of the Federal Reserve site, the Board of Governors has “ sole authority over changes in reserve requirements.”
To learn more about how “fractional reserve” lending works, you can check out: Modern Money Mechanics by The Federal Reserve Bank of Chicago; Money as Debt by Paul Grignon; or Dollar Deception: How Banks Secretly Create Money by Ellen Brown.
Jekyll Island Drafting of the Federal Reserve Act
More details of the meeting and the attendees are also described in G. Edward Griffin’s book, The Creature from Jekyll Island (American Media 2002).
Sources:
Michael A. Whitehouse, “Paul Warburg’s Crusade to Establish a Central Bank in the United States”: http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=3815.
G. Edward Griffin.The Creature from Jekyll Island. Westlake Village: American Media, 2002.
IRS Established same year as the Federal Reserve
Big Bankers benefit from the Great DepressionAs stated in the “Reserve Requirements” section of the Federal Reserve site, the Board of Governors has “ sole authority over changes in reserve requirements.”
To learn more about how “fractional reserve” lending works, you can check out: Modern Money Mechanics by The Federal Reserve Bank of Chicago; Money as Debt by Paul Grignon; or Dollar Deception: How Banks Secretly Create Money by Ellen Brown.
Jekyll Island Drafting of the Federal Reserve Act
Fact: In 1910, representatives of the Rockefellers, Rothschilds, Morgans and other private bankers gathered secretly on Jekyll Island to draft the legislation that would create the Federal Reserve.
The details of this secret meeting on Jekyll Island are described in Michael A Whitehouse’s article, Paul Warburg’s Crusade to Establish a Central Bank in the United States, which was published by the Minneapolis branch of the Federal Reserve. Those who attended the meeting included: Senator Nelson Aldrich, Chairman of the Senate Finance Committee, who had close ties with J.P Morgan and whose eldest daughter married John D. Rockefeller, Jr.; Paul Warburg, European-born banker and Partner of Kuhn, Loeb and Co.; Frank Vanderlip, President of National City Bank; Harry P. Davison, Partner of J.P. Morgan; Benjamin Strong, Vice President of Bankers Trust Co.; and Piatt Andrew, Former Secretary of the National Monetary Commission.More details of the meeting and the attendees are also described in G. Edward Griffin’s book, The Creature from Jekyll Island (American Media 2002).
Sources:
Michael A. Whitehouse, “Paul Warburg’s Crusade to Establish a Central Bank in the United States”: http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=3815.
G. Edward Griffin.The Creature from Jekyll Island. Westlake Village: American Media, 2002.
IRS Established same year as the Federal Reserve
Fact: I found it revealing that in the same year the Federal Reserve was founded, 1913, the Internal Revenue Service was also established. (read more)
In 1913, Wyoming ratified the 16th Amendment, providing the three-quarter majority of states necessary to amend the Constitution. The 16th Amendment gave Congress the authority to enact an income tax.
The Federal Reserve Act passed on December 23, 1913.
Source:
A. Donald R. Wells. The Federal Reserve System: A History. North Carolina: McFarland & Company, Inc., 2004. (18): http://books.google.com/books?id=eZuNLMCJgdkC&printsec=frontcover&dq=creation+of+federal+reserve&source=bll&ots=itNPRM1X8P&sig=Nlls-YC2R5JAR-ocjIEwz9wVnf0&hl=en&ei=Znc6TODsFpTUtQOmwtRR&sa=X&oi=book_result&ct=result&resnum=14&ved=0CGQQ6AEwDQ#v=onepage&q&f=false
B. irs.gov: http://www.irs.gov/irs/article/0,,id=149200,00.html
Federal Reserve is Private
The Federal Reserve Act passed on December 23, 1913.
Source:
A. Donald R. Wells. The Federal Reserve System: A History. North Carolina: McFarland & Company, Inc., 2004. (18): http://books.google.com/books?id=eZuNLMCJgdkC&printsec=frontcover&dq=creation+of+federal+reserve&source=bll&ots=itNPRM1X8P&sig=Nlls-YC2R5JAR-ocjIEwz9wVnf0&hl=en&ei=Znc6TODsFpTUtQOmwtRR&sa=X&oi=book_result&ct=result&resnum=14&ved=0CGQQ6AEwDQ#v=onepage&q&f=false
B. irs.gov: http://www.irs.gov/irs/article/0,,id=149200,00.html
Federal Reserve is Private
Fact: The Federal Reserve is not a government agency. It’s a group of private bankers. (read more)
In a 2007 interview with Jim Lehrer, former Chairman of the Federal Reserve Alan Greenspan stated: “TheFederalReserveisanindependentagency…Thereisnootheragencyofgovernmentwhichcanoverruleactionsthatwetake.”
In 1982 a District Court ruled:
“…we conclude that the Reserve Banks are not federal instrumentalities for purpose of the FTCA, but are independent, privately owned and locally controlled corporations.”
– Lewis v. United States, 680 F.2d 1239 (9th Cir. 1982)
The Federal Reserve System is also listed in the District of Columbia White Pages.
Purchasing Power of US DollarIn 1982 a District Court ruled:
“…we conclude that the Reserve Banks are not federal instrumentalities for purpose of the FTCA, but are independent, privately owned and locally controlled corporations.”
– Lewis v. United States, 680 F.2d 1239 (9th Cir. 1982)
The Federal Reserve System is also listed in the District of Columbia White Pages.
Fact: The purchasing power of the dollar has declined more than 96 percent. (read more)
Based on figures provided by the Bureau of Labor Statistics Consumer Price Index, $1 in 1913 is the equivalent of $22.92 in 2011. The exact value marking the decline of the dollar’s purchasing power since 1913 is 95.6%.
Sources:
US Inflation Calculator: http://www.usinflationcalculator.com/
Bureau of Labor Statistics Inflation Calculator: http://www.bls.gov/data/inflation_calculator.htm
Global wealth gapSources:
US Inflation Calculator: http://www.usinflationcalculator.com/
Bureau of Labor Statistics Inflation Calculator: http://www.bls.gov/data/inflation_calculator.htm
Fact: Globally, the richest 2% of adults currently own more than half the world’s wealth. (read more)
In 2007, the Center for Global, International and Regional Studies at UC Santa Cruz published, within it’s “Mapping Global Inequalities” series, a paper entitled “The World Distribution of Household Wealth.” The study found that:
“The wealth share estimates reveal that the richest 2 percent of adult individuals own more than half of all global wealth, with the richest 1 percent alone accounting for 40 percent of global assets. The corresponding figures for the top 5 percent and the top 10 percent are 71 percent and 85 percent, respectively. In contrast, the bottom half of wealth holders together hold barely 1 percent of global wealth. Members of the top decile are almost 400 times richer, on average, than the bottom 50 percent, and members of the top percentile are almost 2000 times richer.”
Source:
James B. Davies, Susanna Sandstrom, Anthony Shorrocks, and Edward N. Wolff. The World Distribution of Household Wealth. Mapping Global Inequalities, Center for Global, International and Regional Studies, UC Santa Cruz: July 2007: http://escholarship.org/uc/item/3jv048hx#page-3.
American wealth gap
“The wealth share estimates reveal that the richest 2 percent of adult individuals own more than half of all global wealth, with the richest 1 percent alone accounting for 40 percent of global assets. The corresponding figures for the top 5 percent and the top 10 percent are 71 percent and 85 percent, respectively. In contrast, the bottom half of wealth holders together hold barely 1 percent of global wealth. Members of the top decile are almost 400 times richer, on average, than the bottom 50 percent, and members of the top percentile are almost 2000 times richer.”
Source:
James B. Davies, Susanna Sandstrom, Anthony Shorrocks, and Edward N. Wolff. The World Distribution of Household Wealth. Mapping Global Inequalities, Center for Global, International and Regional Studies, UC Santa Cruz: July 2007: http://escholarship.org/uc/item/3jv048hx#page-3.
American wealth gap
Fact: In the United States, the richest 1% own more assets than 90% of the population combined. (read more)
According to the Economic Policy Institute:
“The richest one percent of U.S. households now owns 34.3 percent of the nation’s private wealth, more than the combined wealth of the bottom 90 percent.”
Source: Inequality.org: http://www.demos.org/inequality/numbers.cfm
“The richest one percent of U.S. households now owns 34.3 percent of the nation’s private wealth, more than the combined wealth of the bottom 90 percent.”
Source: Inequality.org: http://www.demos.org/inequality/numbers.cfm
Fact: Before the crash in 1929 that led to the Great Depression, elite bankers pulled their money out of the stock market. After the crash, they used that money to buy up cheap stocks and smaller failing banks for pennies on the dollar. (read more)
In Secrets of the Federal Reserve Eustace Mullins details how, during the Great Depression, elite bankers controlled the financial system such that it would protect and grow their own assets while American workers and farmers were stripped of their savings, having invested in stocks recommended by government leaders.
See also Gary Allen’s None Dare Call It Conspiracy, “How a Group of International Bankers Engineered the 1929 Crash and the Great Depression.”
Sources:
Pulled their money out: Gary Allen, “How a Group of International Bankers Engineered the 1929 Crash and the Great Depression” (Derived from None Dare Call it Conspiracy): http://hidhist.wordpress.com/banksters/how-a-group-of-international-bankers-engineered-the-1929-crash-and-the-great-depression/
Used their money to buy up cheap stocks: http://bigpicture.typepad.com/comments/2006/07/1929_crash_and_.html
http://www.timesonline.co.uk/tol/news/world/us_and_americas/article4856477.ece
http://euro-med.dk/?p=313
Morgan and Rockefeller: John Kenneth Galbraith. The Great Crash 1929. New York: Houghton Mifflin, 2009.
World Bank and IMFSee also Gary Allen’s None Dare Call It Conspiracy, “How a Group of International Bankers Engineered the 1929 Crash and the Great Depression.”
Sources:
Pulled their money out: Gary Allen, “How a Group of International Bankers Engineered the 1929 Crash and the Great Depression” (Derived from None Dare Call it Conspiracy): http://hidhist.wordpress.com/banksters/how-a-group-of-international-bankers-engineered-the-1929-crash-and-the-great-depression/
Used their money to buy up cheap stocks: http://bigpicture.typepad.com/comments/2006/07/1929_crash_and_.html
http://www.timesonline.co.uk/tol/news/world/us_and_americas/article4856477.ece
http://euro-med.dk/?p=313
Morgan and Rockefeller: John Kenneth Galbraith. The Great Crash 1929. New York: Houghton Mifflin, 2009.
Fact: At the international level, central bankers use the World Bank and the International Monetary Fund to make more money while exploiting the resources of countries they lend to – bankrupting them in the process. (read more)
John Perkins describes the mutually beneficial relationships amongst international corporations and the multinational organizations, such as the World Bank and the IMF, in his best selling book, Confessions of an Economic Hit Man. This is the true story of Perkins’ life as an “Economic Hit Man.” The tell-all work describes how global consulting firms justify (with false economic projections) enormous international loans to developing countries that funnel money through massive engineering projects back to other U.S. companies, such as Bechtel and Halliburton. After that initial deal is made, Perkins writes, “I would work to bankrupt the countries that received those loans so that they would be forever beholden to their creditors, and so they would present easy targets when we needed favors, including military bases, UN votes, or access to oil and other natural resources” (17-18). In essence, the goal of lending to developing countries is to amass large profits for contractors and establish the political loyalty of governments around the world.
The IMF serves as a sort of “lender of last resort” to developing or struggling countries. Its stated goal is to “alleviate poverty”, however, many countries that have received IMF loans are now buried in debt, unable to pay back the interest. The World Bank, like the IMF, also issues Structural Adjustment Loans which place restrictions on how money can be spent. These Structural Adjustment Loans often benefit transnational corporations. (The Debt Threat By Noreena Hertz, page 102.)
Here’s some supporting evidence:
According to the World Bank Website, “procurement under World Bank-financed projects results in the award of about 20-30,000 contracts with a total value of about $20 billion each year. Of these, about 7,000 contracts (particularly large-value contracts) are reviewed by Bank staff prior to contract award. Information on the winning contracts, which were subject to the Bank’s review is publicly available after contract signature.”
According to CorpWatch, “The US Treasury Department calculates that for every US$1 the U.S. contributes to international development banks, US corporations receive more than double that amount in bank-financed procurement contracts.”
According to Halliburton Watch, “Since 1992, the World Bank approved more than $2.5 billion in financing for 13 Halliburton projects.”
According to another CorpWatch article, “ExxonMobil has been involved in several scandals, but the International Finance Corporation (IFC) — the private arm of the World Bank — is financing a part of a 3.7 billion dollar construction project in Chad and Cameroon in which ExxonMobil has 40 percent (Petronas has 35 percent, and Chevron 25 percent).”
“Bechtel got the contract as a result of the World Bank’s aggressive pressure campaign on Bolivia to privatize state enterprises.”
The IMF serves as a sort of “lender of last resort” to developing or struggling countries. Its stated goal is to “alleviate poverty”, however, many countries that have received IMF loans are now buried in debt, unable to pay back the interest. The World Bank, like the IMF, also issues Structural Adjustment Loans which place restrictions on how money can be spent. These Structural Adjustment Loans often benefit transnational corporations. (The Debt Threat By Noreena Hertz, page 102.)
Here’s some supporting evidence:
According to the World Bank Website, “procurement under World Bank-financed projects results in the award of about 20-30,000 contracts with a total value of about $20 billion each year. Of these, about 7,000 contracts (particularly large-value contracts) are reviewed by Bank staff prior to contract award. Information on the winning contracts, which were subject to the Bank’s review is publicly available after contract signature.”
According to CorpWatch, “The US Treasury Department calculates that for every US$1 the U.S. contributes to international development banks, US corporations receive more than double that amount in bank-financed procurement contracts.”
According to Halliburton Watch, “Since 1992, the World Bank approved more than $2.5 billion in financing for 13 Halliburton projects.”
According to another CorpWatch article, “ExxonMobil has been involved in several scandals, but the International Finance Corporation (IFC) — the private arm of the World Bank — is financing a part of a 3.7 billion dollar construction project in Chad and Cameroon in which ExxonMobil has 40 percent (Petronas has 35 percent, and Chevron 25 percent).”
“Bechtel got the contract as a result of the World Bank’s aggressive pressure campaign on Bolivia to privatize state enterprises.”
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