1%

The Status Quo Playbook Beyond 2014: Corporate Regulations, Professional Politicians and the Strip Mining of Sovereign Assets

by

Screen Shot 2014-09-26 at 11.48.29 AMIt’s not often that I come across a blog post that so interests and impresses me that I drop everything else and decide to highlight it. The post I am referring to is by David Malone of the Golem XIV blog. The pieces that caught my attention consist of a three part series titled The Next Crisis – A Manifesto for the Supremacy of the 1%. Two parts have been published thus far, with the third section forthcoming.

The reason I believe his work here is so important, is because I think the scenarios he outlines as the plan the global oligarchy intends to put into place during the next crisis are quite possible, if not probable. Knowing the tactics of those who wish to oppress you and lock you into perpetual serfdom is half the battle. We must get inside of the devious minds of these people so that we are prepared for their next assault, which without question, is coming our way.

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

When Asked if the U.S. is a Capitalist Democracy or Oligarchy, Janet Yellen Can’t Answer…

by

During yesterday’s Senate hearings, Janet Yellen was asked by Senator Bernie Sanders if the U.S. was a capitalist democracy or has morphed into an oligarchy. While readers of this site already know the answer to this question, which was recently proved empirically by a Princeton and Northwestern academic study, it was still stunning to note … Read more

Bernanke’s Not Wasting Any Time – Earns $250,000+ for a Speech in Abu Dhabi

by

Ben Bernanke isn’t wasting any time cashing in on what might be the greatest transfer of wealth in history from 99.9% of the world’s population to a handful of connected oligarchs and their political minions. Cronyism does indeed pay well, even if bureaucrats have to wait until they leave office to collect.

The Bernank isn’t wasting any time ringing the register.

From Reuters:

Former Federal Reserve Chairman Ben Bernanke said the U.S. central bank could have done more to fight the country’s financial crisis and that he struggled to find the right way to communicate with markets.

“We could have done some things on the margin to mitigate somewhat the crisis,” Bernanke, 60, said on Tuesday in his first public speaking engagement since he stepped down in January after eight years heading the Fed.

“Although we have been very aggressive, I think on the monetary policy front we could have been even more aggressive.”

“This is going to sound very obvious but the first thing we learned is that the U.S. is not invulnerable to financial crises,” Bernanke said.

Um, so you thought it was? Never forget that these are the clowns running the show.

Bernanke said he could now speak more freely about the crisis than he could while at the Fed – “I can say whatever I want” – and in remarks to over 1,000 bankers and financial professionals in the capital of the United Arab Emirates, he made clear that he had regrets.

Bernanke received at least $250,000 for his appearance at the financial conference staged by National Bank of Abu Dhabi NBAD.AD, the UAE’s largest bank, according to sources familiar the matter. NBAD did not announce the fee.

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.