Category Archives: Monetary system

Where does money come from?

Australia announces new currency, the MilliCrime

 

Due to inflation the base unit will replace the old $10 note, because of the cash bans if you spend more than 1000 of the new MilliCrime notes  ($10,000 in the old AUD), you will have committed a crime and be sent to prison for 2 years.

We stole this artwork form the Chaser because we were going to pay, but cash is now illegal so it was too hard to complain with impossible laws so we resorted to crimes we were more familiar with. Sorry about that guys.

 

Karl Marx’s new book Das Kapital 2

Das Kapital 2We were quite surprised to be approached by Karl Marx to be the exclusive publisher of his new book.

We had a quick look at it and we decided we liked it, so there you go comrade, mission accomplished!

We also have an exclusive offer for signed copies for the first 200,000 people that form an orderly line outside St Kilda Police complex in Melbourne on Monday the 12th of October at 9:00 am.

Occupy London rebooted

http://occupylondon.org.uk/

 

In response to the brutal crackdown in Hong Kong Occupiers converged on London to show support for democratic principles.

Dave Cameron bleated about respect for democracy while allowing brutal crackdowns in his own front yard.

 

Apparently now even sitting on a tarp is enough to make police aggressive.

Can you believe ‘1984’ was actually written in this country?

Gold Standard discussed in Swiss Parlaiment

Swiss German with English subtitles.

“Save our Swiss gold”

This is what the initiative wants:

1. No further Gold sales by the SNB!
2. All our gold stored in Switzerland!
3. Physical Gold share minimum 20% of SNB Reserves!

 

Note its worth pointing out the Swiss never joined the European Union or adopted the Euro as its currency, despite being surrounded with European union countries. Ironically Switzerland hoards vast quantities of gold in bank vaults for the worlds elite but the common man on the surface still deals in worthless unbacked paper fiat called Swiss francs (CF). Bankers in Switzerland are called the Gnomes of Zurich for a reason.

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.

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