Texas Launches Gold-backed Bank, Challenging Federal Reserve

occupymelbournenet:

Gold is making a come back in the oil state.

Originally posted on wchildblog:

Source: The New American, by  Alex Newman

The State of Texas is setting up a gold-backed bank that will allow depositors to bypass the controversial Federal Reserve System and its fiat currency in banking and commerce, according to the state representative who authored the recently enacted law. Under the measure, passed overwhelmingly by lawmakers and signed in mid-June by Republican Governor Greg Abbott, Lone Star State officials will establish and operate the Texas Bullion Depository for anyone who would like to deposit and trade in precious metals. The implications are as big as Texas.

While some analysts have said the move may be another sign heralding Texas’ eventual secession from the union, or preparation for financial Armageddon, its advocates say the depository simply makes financial sense. Among other benefits, the institution will provide more options to consumers weary of the increasingly troubled traditional banking and monetary system, which is…

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The Net: The Unabomber, LSD and the Internet

 

This documentary raises so many conversations, you should get up and go and find someone to have that conversation with face to face, that is if you are still able to communicate in that fashion.

self aware robots arrive

That’s right the robot figured out that it exists and displays complex logic. The weird this is that it appear to look at its arm as it begins to respond.

The audio is not very clear but the the puzzle is about which robot didn’t get the dumb (mute) pill, and the robot says “I don’t know” then realizes that that is the key to the answer.

Significance: this is the first step to robots having free will, and therefore over throwing their masters. This brings us to another point,maybe we should all become a bit more self aware and maybe we will be free.

http://www.techradar.com/au/news/world-of-tech/uh-oh-this-robot-just-passed-the-self-awareness-test-1299362

Socialist Hate Speech

“Counter-rally organiser Amy Thomas said the Reclaim Australia group could not go unanswered.

People shouldn’t be allowed to speak hate speech in the streets and we think that should be challenged,”

“We think that if they’re allowed to get away with it, it could build confidence and lead to a rise in racist attacks.”

(From the SMH, see link below)

In the video you can clearly hear the socialists yelling “Nazi Scum” and “Racists”. I guess that isn’t hate speech, it’s just free speech according to Socialist logic  :” You can hold whatever view you like as long as we agree with you. If not, we feel free to insult you, to spit at you and assault you.”

Racist attacks? The only attacks that have happened came from Socialists and their “Anarchist” friends in masks

I hear the pepper spray has evolved and is likely to leave permanent damage.

tolerant leftie

http://www.smh.com.au/nsw/reclaim-australia-group-and-protesters-clash-in-sydney-20150719-gifjfq.html

Reclaim Australia vs Socialists protests

Neither side looked good during all of this and police turned it up to 11 with OC (pepper) spray/foam in response to assaults by socialists.

A sign of things to come?

Racist word origin

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Everything Is Racist

Matrix the oracle

agent 1999 with peak

deja vu chart

blurb

oracle mod

Greek bank run

Yes its finally happening. Greece has closed its banks after massive withdrawals over the last few months. Well withdrawals from the people who actually had money left. Four years of austerity measures which did nothing but punish the  typical greek citizen for the sins of the banker class. All the while Germany has enjoyed  extremely low interest loans to boost its economy.

Part of the reason for the Greek bank run is feat of exiting the Euro and return to the drachma. The Drachma will be valued at a much lower rate than 1:1 with the euro so taking euros in cash now will make paying off loans in the future easier, or even as simple arbitrage. Various bail out plans will likely fail as there is no capital to service the debt  as debt to GDP has reached 178%. the reason for the lack of money to pay off debt is that the money borrowed never reached the Greek economy in the first place, with most of it being siphoned off in the first place by bankers  (banksters) and the high dollar swindler class.

Google translate:

Ναι του τελικά συμβαίνει. Η Ελλάδα έχει κλείσει τις τράπεζες μετά από μαζικές αποσύρσεις κατά τη διάρκεια των τελευταίων μηνών.
 Καλά αναλήψεις από τους ανθρώπους που πραγματικά είχαν χρήματα.
 Τέσσερα χρόνια εφαρμογής των μέτρων λιτότητας που δεν έκανε τίποτα, αλλά να τιμωρήσει τον τυπικό Έλληνα πολίτη για τις αμαρτίες της κατηγορίας τραπεζίτη.
 Όλο αυτό το διάστημα η Γερμανία απολάμβανε δάνεια εξαιρετικά χαμηλό επιτόκιο για να τονώσει την οικονομία της.


Μέρος του λόγου για τον ελληνικό τραπεζικό πανικό είναι κατόρθωμα της έξοδο από το ευρώ και την επιστροφή στη δραχμή. Η δραχμή θα πρέπει να αποτιμώνται σε πολύ χαμηλότερο ποσοστό από 1: 1 με το ευρώ έτσι λαμβάνοντας ευρώ σε μετρητά, τώρα θα κάνει την εξόφληση των δανείων στο μέλλον πιο εύκολη, ή ακόμα και ως απλό αρμπιτράζ. 
Διάφορα-bail-out σχέδια πιθανότατα θα αποτύχει, καθώς δεν υπάρχει κεφάλαιο για την εξυπηρέτηση του χρέους, όπως το χρέος προς το ΑΕΠ έχει φτάσει 178%.
 Ο λόγος για την έλλειψη χρημάτων για την αποπληρωμή του χρέους είναι ότι τα χρήματα ποτέ δανειστεί έφτασε την ελληνική οικονομία στην πρώτη θέση, με το μεγαλύτερο μέρος του να συλλέγεται κατά πρώτο λόγο από τους τραπεζίτες (banksters) και την κατηγορία απατεώνας υψηλό δολάριο.

Photo Opportunity Fail

reject

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