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.
Art wank beret is now on!
This movie might otherwise be a typical forgettable Hollywood blockbuster, Guy gets rich, moves to the big city, gets the girl, creates a Bonnie and Clyde style crime spree in order to change the world.
However, in this movie they stole a premise that had been in many previous works, the idea that time was money and without stored time credits you simply timed out and died.
So in terms of illustrating concepts of the way fiat currency (and who controls it) intersects with and manipulates society, this film is quite a refreshing surprise.
I was wondering why i hadn’t seen this film or been told about it, then i discovered, it was released just a few weeks after occupy went world wide and so many of us were distracted with that.
As mentioned the multiple prior competing claims to the film concept “time is money, personal life clocks, timekeepers (time police)…” all fell on deaf ears ultimately. The cognitive dissonance of making a movie about central control of livelihood and the corruption and unfairness of it all, and still refusing to offer credit or homage to people who had the idea first and would otherwise be entitled to intellectual property rights from this profit making, though averagely received film. And they will scream blue murder if some abuses their intellectual property right to the film.
Having been provocative enough, I have only linked the trailer to the film, I’m sure if you are interested you will find one of many ways to enjoy it’s in its entirely.
Perhaps even look into one of the many prior works, left unacknowledged.
Since the movie is about alternative measures of value, I will introduce a new rating system for movie, smokes.
Surprised? You shouldn’t be cigarettes are currency in many places.
Rating: 2 smokes.
Art wank beret is now off.
*Contains some offensive language.
We would hope that you have all seen this, some of you will be saying ” already have seen this” , good, what are you doing about it then?
This video was made many years ago featuring a man who had been saying these things for years, is the penny beginning to drop for you all?
Predictions are risky, especially those relating to the future,
He makes predictions, but his reasoning is sound, consider yourself informed.
Get in fast to see the video it get updated quite regularly
On October 2nd 2013 Silk road (the notorious and biggest ‘no question asked’ online bit coin market place) went offline, most likely forever.
It’s founder arrested on a number of charges.
Silk road and other market places like it (which are now competing for silk roads formerly commanding market share) are the places that created the perception that bit coin was only for shady deals.
Any currency can be used for shady deals, Australian dollars, US dollars or Euros it really makes little difference. Following the shut down of Silk road bit coin prices took a large initial hit in price dropping 10% in a day but recovering most of the losses in the following 3 days. This means either the competitors to silk road a really stepping up to the plate ( and hoping they are better at staying out of jail) or the shady deals are only a small part of the bitcoin market that it can survive without. Most likely both reasons are somewhat true.
I’d like to see a fiat currency retain 97% of its value after a bank run.
Catherine Austin Fitts quite succinctly explains the entire sub prime scandal and how it was all deliberately planned to destroy wealth in the USA and then flow on to Europe and elsewhere.
A basic synopsis:
If you had savings:
The banks took your savings to lend it to your employer to invest it in foreign business to off shore your job and reduce your wages/salary or force you into unemployment.
If you were a borrower:
You were encouraged to get a mortgage on a bigger (and vastly over valued) house in a market bubble, despite that known rising energy costs in the future would make it too expensive to live in.
Those mortgages were packaged into securities and sold to your pension fund, so that when you default on your mortgage you default on your retirement plan, so you can loose your house and your retirement income.
So in short: a deliberate fraud planned out in a cold and clinical way to steal all the wealth and destroy the economy.
The world is losing trust in the dollar as a safe haven. A major blow came after Germany's Bundesbank demanded the repatriation of a big chunk of its gold being held in the US. Because as RT's Gayane Chichakyan reports, some are concerned the assets of foreign nations in the Federal Reserve are not secure or even there. The Germans were infuriated when the US Federal reserve didn't even let them examine their own assets properly.
It shouldn’t take too long to figure out the reference to the German red shield.
From now on when you see a red shield you will probably think twice.
A pretty good explanation of how it all happened.
Now firstly you may be thinking "What does the bronze age collapse have to do with me or the current world environment?"
More than you think it does.
The bronze age collapse occurred about 1200 BC after flourishing since 3000 BC, a period of 1800 years.
This was the single largest collapse of civilization known.
The important bronze age civilizations were centered in the area from modern-day Turkey, Iran, Iraq all the way south to Egypt.