Category Archives: Bailouts & Banks

Banks took extraordinary risk in the early 21 Century and demanded tax payer funding to continue operations, some governments foolishly agreed and the taxpayers became angry. This act of pandering to greed and stupidity of the financial elites was one of the driving forces behind the occupy movement. though some people seemed to forget this.

End The Fed Rallies Are Spreading Like Wildfire

 Starting in Berlin about two  months  ago, huge Anti-war and   End the Fed rallies have begun to spread all over Germany and the rest of Europe.
The protesters consider the corrupt banking system the chief problem in the world today.
At it’s core, the Occupy Movement also had the anti-fed and fiat currency protests, but often activists who brought up these subjects were and are dismissed as right-wing conspiracy freaks by the socialist element that tried to hi-jack the occupy movement. Looks like the tide may be turning.
In Australia we currently have a lot of people protesting the budget and the latest government, but very few seem to understand the global connection. Time to wake up!

Submitted by Mike Krieger of Liberty Blitzkrieg blog:

This is a fascinating development and one that I had no idea was happening until today. It seems that rallies are spreading throughout Germany protesting the corrupt and dying global status quo. One of the key targets of these groups is the U.S. Federal Reserve system, which as I and many others have maintained, is the core cancer infecting the entire planet.
According to the organizer of these rallies, they have now spread to up to 100 cities and have a combined attendee base of around 20,000. What is also interesting, is that the mainstream media in Germany is calling them Nazis. In Germany, if you don’t support Central Banking, this apparently means you are a Nazi. What a joke. Just more proof mainstream media everywhere is complete and total propaganda. It is also a good sign, since it shows the desperate lengths to which the power structure will go to keep their criminal ponzi alive.

Do these folks seem like Nazis to you?

 

Anti corporate: not anti capitalist

Recently the MSM went digging for quotes from original organizers who apparently wished to claim to be organizers but don’t want to identify themselves. These fools wanted to claim the Occupy Melbourne was an anti capitalist movement. When did I see it advertised as that? Never.

Just more bullshit from Marxists and their cronies trying to claim ownership but in a tangential way now that the name Occupy Melbourne is too hot to handle.

Occupy Melbourne was never Anti Capitalist

So to clear up the created confusion by a poorly researched initial two paragraphs we give you this:

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So there you have it corporatism is a form of socialism, hence all the bank bailouts, another reason we went to occupy. So in reality occupy was an anti socialist protest that got infiltrated and sandbagged by socialists of various stripes.

1377186290240There were of course some rather lame claims of  this being a site for conspiracy theorists ( what a Nixon term ) so we leave you with the  god father of 20th century conspiracy JFK.  JFK decided it was time to start minting silver coins again through EO 11110 and then he was killed in broad daylight. Co-incidence? We’ll let you decide, we just wanted to make you aware of that.

We generally don’t promise or offer solutions, we just raise issues. Only you can decide and demand the world you want to live in.

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Commonwealth bank $100M loans Ponzi

They said it wasn’t happening here, it didn’t happen here. The truth was it was better covered up here.

And while Victoria Police corporation worked so hard to shut down Occupy Melbourne as a street protest the very reason we were protesting the dirty frauds committed by banks, Victoria Police corporation were investigating this fraud.

The bank heres received secret bail outs, and at least one bank has  been involved in propping up a Ponzi scheme and snatching the victims houses.

Worst of all was CBA (Commonwealth bank of Australia’s) response to the scam, get on board and  side with the scammer to steal the house.

the story by:

Chris Vedelago and Cameron Houston

http://www.theage.com.au/national/cba-ignored-evidence-of-100m-fraud-20140621-zsh6i.html

Narcissism epidemic

narcissus

 

A good audio presentation here from Jean Twenge, interviewed by Lynne Malcolm.

 

http://www.abc.net.au/radionational/programs/allinthemind/the-narcissism-epidemic/5455512

Interestingly she cited Facebook and reality TV as major sources along with overly doting parents (you’re so special) and easy credit to live out the fantasy life.

She has been saying this for years, even at a conference in Melbourne over 3 years ago.

A study Jean Twenge  conducted of 16,000 university students across the US showed 30 per cent were narcissistic in psychological tests, compared with 15 per cent in 1982. ”They are all 18 and 19-year-olds, so this is clearly a generational shift,”

Jean Twenge, professor of psychology at San Diego State University

http://www.smh.com.au/lifestyle/life/new-generation-infected-by-narcissism-says-psychologist-20110302-1bewf.html

 

Of course there are subtle aspects to this the overconfidence of narcissism makes successful stock traders overconfident. Over confidence is good in a rising market but disastrous in a falling market as trader will have fewer fall back positions and be poorly hedged. While traditional investment theory states market generally rise, traditional market theory was developed in an environment where oil supply was expanding one decade to the next. So now there is no great expansion in oil, our specially preened narcissists at the helm of the financial system are a liability rather than a benefit. The only way to expand the financial system is to encourage horde of young narcissists to create debt-money with credit card spending, its no surprise this epidemic has been encouraged.

Facebook-Narcissism

Facebook; one of the most insidious tools of narcissism was funded by people with links to shadowy connections in the US government. Seriously how could you run a site with hundreds of millions of users without receiving money from somewhere, think about where that somewhere was/is.

narcissism-obama-autobiography-narcissism-dog-political-poster1

This of course bring us to the first Facebook president, Obama. Obama campaigned  heavily on Facebook edging out Hillary Clinton for the Democratic nomination to go head to head with McCain, was it not for Facebook, likely Hillary would have got the nomination. Look at the narcissism overdrive we see in Obama, two Auto biographies before 45.

 

It all reminds me of a quote I remember from an occupier.

Nick Carson, Oh my god, what a narcissist! He hijacked Occupy Melbourne.

The worst part was that there were a hundred more just like him, waiting around ready to take his place.

 

At OM a problem we could see that was hard to address was gen Y hipster narcissists, and narcissists in general. The kind of self deluded people living in a self constructed fantasy world who will lie, cheat and steal if it gets them what they want. Narcissists think they are smart and greatly able, but its only because they thrown all of their failures into a memory hole or blame some one else for it. Narcissism the disease that will rot any community, tents or no tents.

 

 

Roughly 1 in 3 in Gen Y is clinically a narcissist, that’s very scary considering how much and how fast this delusion has grown in just a generation, what if its 50% in the next generation?

 

Not only are we living in a post peak oil world, we are living in a post peak sanity world.

Tony Abbott budget explained

abbott domanitrix bagged and tagged

Liberal party stench of corruption intensifies

abbotwifeabbottdaughter

 

I wish we could all ‘do the heavy lifting’ like Tony Abbott and his family are.

 

Dad bringing home 500,000 per year with a guaranteed superannuation of 200,000 per year plus perks, Daughter getting a full scholarship to university, Mum used to work for the Rothschild’s (masters of of the financial universe) bank. Gee they are doing it tough! Well they would be doing it tough if the average wage was 2 million per year, but its not. This greedy pig has his snout in every trough and is as corrupt as they come. He has the audacity to talk about doing things according to the constitution. Well Mr Abbott, the Australian constitution I have read clearly specifies the penalty for treason as being, death by hanging. What is does not specify is where the culprit is to be hanged from. Honestly, it’s looking more and more likely that Tony Abbott will be the first sitting Prime Minister of Australia to be hung for treason, and I suggest that if we can’t hang him by the scrotum we’ll hang him by his ankle…until dead.

 

 Old money is behind politics, as the puppet masters.

Australia 2014 copies New Zealand 1984

Guess what Australia, you are 30 years behind New Zealand!

A wave of shocked silence followed by jeers echos across the country…

Australians all angrily ask “What are we behind in?”

“Apart from Rugby Union and occasionally Netball we are not behind New Zealand!”

Only if it was so unimportant as sport, you might see whats really going on. You have been blinded by bread and circuses, or perhaps beer and footy.

Split Enz, from New Zealand in 1981, with a song written by Neil Finn, unfortunately history does repeat.

 

New Zealand, for decades, has been a social policy test tube for the western world. A small, largely isolated population that reeled from the Neo- con ‘shock doctrine’ of Chicago school economists.

Even more surprising was the fact that this hard core Neo-con agenda was run by the New Zealand’s Labour party, a political outfit more or less akin to the ALP in political ideology and electoral significance.

Well it would have been akin to the ALP, if it wasn’t for a few key individuals who drew inspiration from Thatcher and Regan who were in office at the time in UK and USA respectively.

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Would  you like to look into a somewhat tame version of what is happening now in Australian Politics with the Abbott/Hockey budget?

Have a glance at these somewhat surreal crystal balls, telling you a potential future for Australia from New Zealand’s troubled past.

If you do not watch these films, you only have yourself to blame when further nasty surprises happen!

 

 

http://www.nzonscreen.com/title/someone-elses-country-1996

 

Its worth pointing out that despite this film being made more than 12 years after the neo- con ravage and upheaval in NZ, it was effectively banned from NZ television until 2003, nearly 20 years after the events it portrayed. You might ask why, and that’s the exact question the New Zealand Government didn’t want its citizens asking. Citizens who were now being treated as units of economic production.

http://www.nzonscreen.com/title/in-a-land-of-plenty-2002

Another film by the same director (Alistair Barry) about the same events from a slightly different and more enlightened perspective, explores how the Reserve Bank of New Zealand was behind many of the initiatives. Curiously the director said his main inspiration for making the movies was he had so much footage that simply made him angry, and he had to understand why it make him angry, and what was actually driving the economic and social carnage witnessed.

Both of the films heavily feature television archives, which many New Zealanders would have seen as part of news broadcasts at the time of the events, some clips appear in both films because of the significant to both stories and the political history described.

 

Split Enz I walk away; 1984,  from their last album.

Perhaps Split Enz saw the (economic) writing on the wall, splitting up in 1984 and temporarily moving to Los Angeles before morphing into ‘The Mullanes’ and finally ‘Crowded House’ and moving back ‘home’ to Australia.

The opening credits of this video sadly will not put to bed any lingering debate over whether Crowded House was Kiwi band or and Aussie band, as Hester had joined Split Enz before the remainder of Split Enz became ‘Crowded House’.

The best compromise to this sometimes confused friendly debate is best settled with this: Crowded House was a Melbourne band that formed in the USA from the remains of a New Zealand band.

Welcome to the confusion and dislocation of the shock doctrine and globalization.

 

And finally Crowded House ‘Weather with you’ from 1992. When the rapacious globalist corporations come, they bring the weather (and its not good weather).

If you don’t think it can happen here, this week should have been a wake up call, Chile was taken by surprise in 1973, as was New Zealand in 1984, will Australia wake up and get wise in 2014?

 

History does repeat.

What was once a purely New Zealand phenomenon can easily become completely ingrained in Australia, be it music or political ideology.

RIP Paul Hester

 

 

Money as debt 3

 

 

Money as debt 3

A really good look at money which goes on to explain major theories of how different types money can succeed or fail.

Its worth pointing out that early on in the movie the concept of money as flow is important, this is a good explanation of  the economic concept of ‘velocity of money’.

Velocity of money  broadly speaking is the number of times (on average) a single unit of money is spent in a year. This concept may seem to be mere trivia until you realize it is very important in calculating inflation.

 

It concludes that money really is a promise to provide goods and/or services in the future, and that money is only as good as that promise.

QANTAS transportation history

A slightly cryptic play on words here, but you don't have to be James Joyce to figure it out, and you wont need an Alan key.

A slightly cryptic play on words here, but you don’t have to be James Joyce to figure it out, and you wont need an Alan key.

1% bankers mock us at secret party

a_560x375An incredible story from Kevin Roose

some excerpts from the story

Recently, our nation’s financial chieftains have been feeling a little unloved. Venture capitalists are comparing the persecution of the rich to the plight of Jews at Kristallnacht, Wall Street titans are saying that they’re sick of being beaten up, and this week, a billionaire investor, Wilbur Ross, proclaimed that “the 1 percent is being picked on for political reasons.”

Ross’s statement seemed particularly odd, because two years ago, I met Ross at an event that might single-handedly explain why the rest of the country still hates financial tycoons – the annual black-tie induction ceremony of a secret Wall Street fraternity called Kappa Beta Phi.

“I believe that God has a plan for all of us. I believe my plan involves a seven-figure bonus.”

 

The first and most obvious conclusion was that the upper ranks of finance are composed of people who have completely divorced themselves from reality. No self-aware and socially conscious Wall Street executive would have agreed to be part of a group whose tacit mission is to make light of the financial sector’s foibles. Not when those foibles had resulted in real harm to millions of people in the form of foreclosures, wrecked 401(k)s, and a devastating unemployment crisis.

The second thing I realized was that Kappa Beta Phi was, in large part, a fear-based organization. Here were executives who had strong ideas about politics, society, and the work of their colleagues, but who would never have the courage to voice those opinions in a public setting. Their cowardice had reduced them to sniping at their perceived enemies in the form of satirical songs and sketches, among only those people who had been handpicked to share their view of the world. And the idea of a reporter making those views public had caused them to throw a mass temper tantrum.

http://nymag.com/daily/intelligencer/2014/02/i-crashed-a-wall-street-secret-society.html

 

http://nymag.com/daily/intelligencer/2014/02/revealed-members-of-kappa-beta-phi.html

 

“People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public.”
– Adam Smith

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