Category Archives: Monetary system

Where does money come from?

Occupy Central Hong Kong

In response to China’s planned erosion of democratic electoral process in the SAR of Hong Kong  (China proposing to only allow their approved candidates to stand for election), an occupation has begun.

The people republic of China has always held democratic reforms as being dangerous and unpalatable and to this day many Chinese residents are completely unaware of  the Tienanmen square pro democracy protest from 1989 and the gruesome way in which it ended.

http://www.bbc.com/news/world-asia-china-29397738

Many of the protesters have taken to wearing eye protection with some using a improvised saran wrap (AKA cling film/ glad wrap) as a ‘better than nothing’ protection from presumably noxious gasses that may be released by authorities to break up the protest.

Thousands take to the street in Hong Kong in protest of Chinese government wanting to reduce democratic freedoms.

Thousands take to the street in Hong Kong in protest of Chinese government wanting to reduce democratic freedoms.

 

These guys are smart they are going straight to the heart of the beast, threatening to disrupt banking and finance in Hong Kong.

 http://oclphkenglish.wordpress.com/press/

https://twitter.com/OCLPHK

 

Breaking news:

Occupy Central appears to be under attack from police right now.

 

Hong Kong Police use several rounds of tear gas. Most protesters remain crowds estimated to be as many as 30,000.

Hong Kong Police use several rounds of tear gas. Most protesters remain crowds estimated to be as many as 30,000.

live video:

http://hongwrong.com/occupy-central-now-on/

US senator Elizabeth Warren demands jail the banksters

Elizabeth Warren US senator ( image from Washington times)

Elizabeth Warren US senator ( image from Washington times)

http://www.washingtontimes.com/news/2014/sep/9/elizabeth-warren-demands-jail-time-wall-st-bankers/

Justice Geoffrey Flick : MCC should be shot

Why?

this:

Justice Flick, one of three appeal judges, said he had reviewed footage of the removal of the tent dress and was shocked by what he saw.

“Those who made the directions for this conduct to be pursued should be shot. It’s grossly offensive,” he said.

 

http://www.heraldsun.com.au/news/victoria/those-who-ordered-removal-of-protesters-dress-should-be-shot-says-shocked-justice-geoffrey-flick/story-fni0fit3-1227032506383

Mobile optimized version

http://m.heraldsun.com.au/news/victoria/those-who-ordered-removal-of-protesters-dress-should-be-shot-says-shocked-justice-geoffrey-flick/story-fni0fit3-1227032506383?nk=b70ce1a93f21ac94669b708b79bfb1b4

Remember a knife was cutting the tent apart just inches from the back of Kerrsions neck during the incident. This knife (called a tool by Victoria Police) was provided to MCC workers by Victoria Police during the incident. One of the council workers refused to take part in the incident and walked away, though the remaining MCC workers and police mindlessly abused the young woman by tearing away her  clothes and leaving her in her underwear  on the grass.

 

This incident occurred the day after Victoria police were humiliated by the original tent monster action which saw Kerrison and two  other” tent monsters”  run around the park and  utterly demoralize Victoria police who felt like the fools that they were.

Clearly Victoria police don’t know the meaning of the phrase :”It’s all in good fun”

MaidSafe the new internet

Imagine if bit-coin was invented the same time the internet was. Stop imagining. It’s about to happen in the next few months.

  • encrypted

  • private

  • distributed

  • free and open source

  • incentivised

 MaidSafe

  • no gate keepers

  • no snoops

  • no censorship

  • no bankers

It’s this cloud thing that tech companies have been banging on about for years except you are truly part of it rather than just a customer. A giant shared network storage with encryption.

http://maidsafe.net/

Banco Espirito Santo nationalised, debts jetisoned

BancoEspiritoSanto_app

 

Portugal’s largest bank has been bought by the government after toxic debts were discovered. Rather than stupidly bailing out the speculators and banking executives, the bank has been divided into two parts, the good part with all the assets, and the bad part with all the toxic debts for all the shareholders and speculators. This is effectively the same as finding the vandals on your wooden ship, making them a raft out of the wood they damaged, and them setting the vandals adrift on it, wishing them good luck knowing that it won’t help them.

Portugal has just invented the bailout we expected to happen in the USA following the GFC.

 

http://www.theguardian.com/business/2014/aug/04/banco-espirito-santo-bailout-eu-cash-portugal

 

Fun Fact: Australia was once referred to as ‘Espirito Santo’.

Argentina flips the bird to the vultures

vultures argentina tagged

Argentina, arguably the most resource rich country in South America has been plagued by foreign finance manipulation for generations and has finally flipped the bird, describing these investment funds as vulture funds and simply refused to pay.

Wikileaks Oz-SEA corruption coverup exposed

Your aren’t allowed to know about what you aren’t allowed to know about.

In a truly big brother move the Australian government is trying to keep the suppression of information order itself secret.

What is next is secret prisons and secret prisoners.

 

From wikileaks.org  press release:

Australia-wide censorship order for corruption case involving Malaysia, Indonesia and Vietnam
WikiLeaks release: July 29, 2014
Blanket censorship order preventing reporting on Australia’s largest financial corruption case and any derived allegations against the current and former heads of state of Malaysia, Indonesia and Vietnam and other senior officials.
The document also specifically bans publication of the order itself and the June 2014 affidavit of Australia’s newly appointed representative to the UN, Gillian Bird. The order was granted under “national security” grounds in order to “prevent damage to Australia’s international relations”. The order was issued following the indictment of seven senior executives related to the Reserve Bank of Australia. The case concerns allegations of multi-million-dollar payments to persons with high-level political connections in Malaysia, Vietnam and Indonesia in order to secure contracts for the production of Australian plastic currency banknotes for these countries.

https://wikileaks.org/

 

1377186290240We end with the words of the god father of modern ‘conspiracy theory’ JFK, He was murdered in broad daylight, but that was just a co-incidence right…

Jonathan Moylan avoids jail

 

Jono csg meme

http://www.smh.com.au/nsw/jonathan-moylan-avoids-jail-term-for-fake-anz-media-release-about-whitehaven-coal-20140725-zwwe7.html

 

Ok now, memes and MSM bullshit aside, did Jonathon Moylan do all that much damage to (ASX WHC) Whitehaven coal  ?

 

whitehaven analysisNot as much as you might think, WHC had been on the slide for 3 quarters before the ANZ corporate hoax. Investors dumping WHC in the previous 3 quarters had done more damage to WHC than Moylan. So effectively what Jono had done was arrive in time to see the rich obnoxious WHC house being burnt down by an angry mob and kicking in the letterbox while being cheered on the crowd of disenchanted. Of course a serious analysis might show this up but when you are underscoring the dangers of fracking (AKA CSG  AKA coal seam gas), But why let to many facts get in the way of good publicity. WHC had been under preforming the ASX 200 for several years, the business cycle, carbon tax, but even this being said its really hard to know how much damage a single well crafted rumor can do.

We are after all talking about Keynesian economics, with adherents who believe you can print fake money to appease animal spirits, which then magically repair an economy.

I couldn’t resist and it’s friday, for the tinfoilers out there, this video is from 1984, spooky.

For the OM hard core: which eviction was this song played at?

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?

 

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

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