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Demeter

Demeter's Journal
Demeter's Journal
January 9, 2013

The Untold Story: How America Became a Dangerous Empire

http://www.alternet.org/untold-story-how-america-became-dangerous-empire?page=0%2C2&paging=off

Director Oliver Stone and historian Peter Kuznick offer a major reexamination of modern American history in “The Untold History of the United States,” which has many strengths....The title of Oliver Stone’s “The Untold History of the United States” is a bit of a misnomer, both as a book and a Showtime series. It’s more precisely a reinterpretation of official U.S. history over the past century or so. You might call it “The Little Understood Back Story of America’s Imperial Era.”

A LENGTHY READ, AND WORTH THE EFFORT
January 9, 2013

The 9 Step Process Bankers Use to Force Global Slavery Upon Humanity

http://www.zerohedge.com/contributed/2013-01-08/9-step-process-bankers-use-force-global-slavery-upon-humanity

(1) Teach lies as truth like “markets are free” and “we need to spread democracy to the rest of the world.” Plant agent provocateurs in all movements of resistance like OWS to discredit these movements whenever possible.

(2) Commandeer and effectively take over all control of global governments, mass media, state police, and federal military elements to suppress truth from reaching the masses.

(3) Take over the education system, design it to dumb down instead of enlighten the masses, and export this model to the rest of the world.

Western bankers have funded and exported to the rest of the world an institutional academic system that serves as a behavior modifaction camp responsible for dumbing down young adults and turning them into obedient, non-thinking worker bees. This is how you create a New World Order in which just a few thousand bankers can capably control 7 billion people and keep them in line and obedient at all times. See here for more information.

Bankers and industrialists like the Rockefellers and the Carnegies financed the development of our global education system during the American Industrial Revolution, and thus were able to promote the lies they wanted the masses to embrace such as the myth that America experienced a “revolution” in 1776 and that US President Abraham Lincoln ended slavery in 1863. The bankers were always happy to give the colonialists the illusion of gained “freedom” as an outcome of the “revolutionary” war in exchange for maintaining their control over the newly formed republic’s monetary supply. Thus, the Rothschild banking family quickly established the Bank of the United States (which has since become the US Federal Reserve today) through their colonialist agents in the United States in 1791. When this bank’s charter expired in 1811, Nathan Rothschild of the Bank of England and the Rothschild banking clan declared a grave warning: “Either the application for the renewal of the charter is granted, or the United States will find itself involved in a most disastrous war.” When US Congress chose not to renew the bank's charter, Nathan Rothschild responded, “Teach these impudent Americans a lesson. Bring them back to Colonial status.”

Even though African Americans were given their physical freedom in 1863, they were never granted their financial freedom by the bankers. How does Lincoln end slavery in America with his 1863 Emancipation Proclamation when just 50 years later, the bankers financially enslaved everyone with the founding of the US Federal Reserve....


(4) Teach young adults that a tax on tea and a tax on stamps caused the American colonialists to hate the British monarchy and triggered a successful revolt in 1776, when it was the debt enslavement component of the monetary system and the bankers’ system of theft through numerous taxes that truly caused the revolt.

(5) Learn from the mistakes of Kings by hiding the robberies of citizens’ money and disguising this robbery as a silent tax called “inflation”. Transform the violent method of tax collection that lead to the beheading of past members of nobility during Medieval times into a passive method of automatic deductions from paychecks.

(6) Engage in huge disinformation and propaganda campaigns to convince citizens in every country that income tax is not flat out robbery and not equivalent to King George’s act of sending 40,000 soldiers to force colonists to turn their hard-earned money over to him.

(7) Sell concepts like “nationalism”, and incite religious-based and race-based hate to divide and conquer people from uniting against a segment of society (bankers) that commits a long list of atrocities that would have landed anyone else in jail centuries ago.

(8) Falsely teach people that paper fiat currency and paper derivative products offered by bogus gold and silver derivative markets of the LBMA and COMEX are better stores of value and purchasing power than physical gold and physical silver...

(9) Teach people that the law is the final word so that they believe that anything legal is moral and anything illegal is immoral. The bankers have flipped the paradigm of morality on its head by convincing people that anything legal is moral and anything illegal is immoral when in fact, many things they have legislated as illegal is still moral and many things they have legislated as legal is highly immoral.

THE SUPPORTIVE DETAIL IS EQUALLY PROVOCATIVE, AND NOT EASILY IGNORED...
January 7, 2013

Tansy, This Article Should Be Tagged as a Permanent Reference on Front Page

http://www.rollingstone.com/politics/news/secret-and-lies-of-the-bailout-20130104

Secret and Lies of the Bailout by Matt Taibbi

...This early episode would prove to be a crucial moment in the history of the bailout. It set the precedent of the government allowing unhealthy banks to not only call themselves healthy, but to get the government to endorse their claims. Projecting an image of soundness was, to the government, more important than disclosing the truth. Officials like Geithner and Paulson seemed to genuinely believe that the market's fears about corruption in the banking system was a bigger problem than the corruption itself. Time and again, they justified TARP as a move needed to "bolster confidence" in the system – and a key to that effort was keeping the banks' insolvency a secret. In doing so, they created a bizarre new two-tiered financial market, divided between those who knew the truth about how bad things were and those who did not...

...Now, instead of using the bailouts as a clear-the-air moment, the government decided to double down on such fraud, awarding healthy ratings to these failing banks and even twisting its numerical audits and assessments to fit the cooked-up narrative. A major component of the original TARP bailout was a promise to ensure "full and accurate accounting" by conducting regular­ "stress tests" of the bailout recipients. When Geithner announced his stress-test plan in February 2009, a reporter instantly blasted him with an obvious and damning question: Doesn't the fact that you have to conduct these tests prove that bank regulators, who should already know plenty about banks' solvency, actually have no idea who is solvent and who isn't?

...Such meaningless parodies of oversight continue to this day...

...a key feature of the bailout: the government's decision to use lies as a form of monetary aid. State hands over taxpayer money to functionally insolvent bank; state gives regulatory thumbs up to said bank; bank uses that thumbs up to sell stock; bank pays cash back to state. What's critical here is not that investors actually buy the Fed's bullshit accounting – all they have to do is believe the government will backstop Regions either way, healthy or not...Just like an actual Ponzi scheme, it works only as long as they (US govt.) don't have to make good on all the promises they've made. They're building an economy based not on real accounting and real numbers, but on belief. And while the signs of growth and recovery in this new faith-based economy may be fake, one aspect of the bailout has been consistently concrete: the broken promises over executive pay.

...So what exactly did the bailout accomplish? It built a banking system that discriminates against community banks, makes Too Big to Fail banks even Too Bigger to Failier, increases risk, discourages sound business lending and punishes savings by making it even easier and more profitable to chase high-yield investments than to compete for small depositors. The bailout has also made lying on behalf of our biggest and most corrupt banks the official policy of the United States government. And if any one of those banks fails, it will cause another financial crisis, meaning we're essentially wedded to that policy for the rest of eternity – or at least until the markets call our bluff, which could happen any minute now.

Other than that, the bailout was a smashing success.



And for this, we are supposed to surrender our Social Security, healthcare, jobs, and children's future.


It's comprehensive, detailed, and fundamental. The title stinks, but you can't have everything....
January 7, 2013

REPOSTING A MUST-READ: Eunuchs of the Universe by Tom Wolfe

http://www.thedailybeast.com/newsweek/2013/01/04/eunuchs-of-the-universe-tom-wolfe-on-wall-street-today.html

It's the story of how Wall St.'s frat boys had their lunch and future eaten by the quants...and everything that follows....in breathless prose.
January 5, 2013

This is a MUST READ AND BOOKMARK

Taibbi should be getting a Pulitzer a week.

January 5, 2013

Weekend Economists: The Force is strong with this one. January 4-6, 2013

Okay, everybody. Start practicing writing 2013 on everything....the banks only give you a week to get it right. May the Force be with you!

We are reminiscing on Star Wars, comparing the George Lukas Empire with our present conditions...topic courtesy of b&r, who put her mind to the grindstone (I'm wincing at the thought)....



I think people would take Occupy more seriously if it had little droid-piloted fighter ships. I bet this baby could take out Predator Drones with one wing tied behind its back....



And Hillary could retire if this fellow were on the job....

But I think that the most important result of Star Wars was:




I'm going to be in the corner, drooling. Post them if you got them!


January 3, 2013

U.S. Internet Users Pay More for Slower Service

http://www.bloomberg.com/news/2012-12-27/u-s-internet-users-pay-more-for-slower-service.html?utm_source=Daily+Digest&utm_campaign=199c16ba81-DD_1_2_131_2_2013&utm_medium=email

...In 2004, the Lafayette,LA utilities system decided to provide a fiber-to-the-home service. The new network, called LUS Fiber, would give everyone in Lafayette a very fast Internet connection, enabling them to lower their electricity costs by monitoring and adjusting their usage...Push-back from the local telephone company, BellSouth Corp., and the local cable company, Cox Communications Inc., was immediate. They tried to get laws passed to stop the network, sued the city, even forced the town to hold a referendum on the project -- in which the people voted 62 percent in favor. Finally, in February 2007, after five civil lawsuits, the Louisiana Supreme Court voted, 7-0, to allow the network.

From 2007 to mid-2011, people living in Lafayette saved $5.7 million on telecommunications services. Since Lafayette went down this path, other communities have followed. According to the Institute for Local Self-Reliance, a group that advocates for municipal fiber networks, these community-owned networks are generally faster, more reliable and cheaper than those of the private carriers, and provide better customer service. It’s not free. Fiber connection costs $1,200 to $2,000 a house. It can take two to three years for revenue from any given customer to offset the upfront investment. But then the fiber lasts for decades. Municipal networks are seeing more than half of households adopt the service. And scores of communities are discovering that the networks bring new jobs.

Since the city utility in Chattanooga, Tennessee, began offering fiber-to-the-home, some businesses in Knoxville -- a hundred miles to the northeast -- have been adding jobs in Chattanooga. Yet when the utility tried in 2011 to expand its fiber services to towns outside Chattanooga, the area’s private carriers initiated a lobbying assault and defeated a bill in the state legislature that would have allowed the expansion...Also in 2011, six Time Warner lobbyists persuaded the North Carolina legislature to pass a “level playing field” bill making it impossible for cities in that state to create their own high-speed Internet access networks. Time Warner, which reported $26 billion in revenue in 2010, donated more than $6.3 million to North Carolina politicians over four years. Eighteen other states have laws that make it extremely difficult or impossible for cities to provide this service to their residents...Still, other experiments are under way. In 2009, when Google Inc. announced it would conduct a fiber-to-the-home pilot project, more than 1,100 communities applied. The Kansas City area, the winner, is now enjoying the launch of a fiber network -- the fastest and most reliable way to access the Internet.

Internet access, like electricity, is crucial to the economic and social health of the country. Electricity, however, is provided by largely reliable, taxpayer-supported entities, and no one seems to think the country would be better off if a purely private, wholly deregulated operator were in charge. Such a company might decide to provide service only in New York, Washington and other big cities, at very high rates for those who could afford it, and refuse to serve small towns and less- successful areas...
January 1, 2013

Charting the state of the U.S. economy: EPI’s top charts of 2012

http://www.epi.org/publication/top-charts-2012/

EPI’s top charts of 2012 are drawn from our flagship publication, The State of Working America; regularly updated Economic Indicators; weekly Economic Snapshots; and posts on Working Economics, the EPI blog. Taken together, they illustrate that in 2013, policymakers must do more to ensure the U.S. economy works for all Americans.

http://www.epi.org/m/?src=&w=608

http://www.epi.org/m/?src=&w=608

http://www.epi.org/m/?src=&w=608

http://www.epi.org/m/?src=&w=608

http://www.epi.org/m/?src=&w=608

http://www.epi.org/m/?src=&w=608

http://www.epi.org/m/?src=&w=608

http://www.epi.org/m/?src=&w=608

http://www.epi.org/m/?src=&w=608

http://www.epi.org/m/?src=&w=608

http://www.epi.org/m/?src=&w=608

http://www.epi.org/m/?src=&w=608

http://www.epi.org/m/?src=&w=608
January 1, 2013

Let’s Give Up on the Constitution By LOUIS MICHAEL SEIDMAN

http://www.nytimes.com/2012/12/31/opinion/lets-give-up-on-the-constitution.html

AS the nation teeters at the edge of fiscal chaos, observers are reaching the conclusion that the American system of government is broken. But almost no one blames the culprit: our insistence on obedience to the Constitution, with all its archaic, idiosyncratic and downright evil provisions.

Consider, for example, the assertion by the Senate minority leader last week that the House could not take up a plan by Senate Democrats to extend tax cuts on households making $250,000 or less because the Constitution requires that revenue measures originate in the lower chamber. Why should anyone care? Why should a lame-duck House, 27 members of which were defeated for re-election, have a stranglehold on our economy? Why does a grotesquely malapportioned Senate get to decide the nation’s fate?

Our obsession with the Constitution has saddled us with a dysfunctional political system, kept us from debating the merits of divisive issues and inflamed our public discourse. Instead of arguing about what is to be done, we argue about what James Madison might have wanted done 225 years ago.

As someone who has taught constitutional law for almost 40 years, I am ashamed it took me so long to see how bizarre all this is. Imagine that after careful study a government official — say, the president or one of the party leaders in Congress — reaches a considered judgment that a particular course of action is best for the country. Suddenly, someone bursts into the room with new information: a group of white propertied men who have been dead for two centuries, knew nothing of our present situation, acted illegally under existing law and thought it was fine to own slaves might have disagreed with this course of action. Is it even remotely rational that the official should change his or her mind because of this divination? Constitutional disobedience may seem radical, but it is as old as the Republic. In fact, the Constitution itself was born of constitutional disobedience. When George Washington and the other framers went to Philadelphia in 1787, they were instructed to suggest amendments to the Articles of Confederation, which would have had to be ratified by the legislatures of all 13 states. Instead, in violation of their mandate, they abandoned the Articles, wrote a new Constitution and provided that it would take effect after ratification by only nine states, and by conventions in those states rather than the state legislatures....

MORE HISTORY, MORE SUGGESTIONS FOR A FUTURE CONSTITUTION

MUST READ

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Hometown: Ann Arbor, Michigan
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Member since: Thu Sep 25, 2003, 02:04 PM
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