SurvivalBlog.com

Largest Theft in History

As expected, Ms. Yellen smiled last week, announcing no change to the Fed’s extraordinary policies. For the last eight years, she has been aiding and abetting the largest theft in history.

Thanks to ZIRP (zero-interest-rate policy) and QE (quantitative easing), every year, about $300 billion is transferred from largely middle-class savers to largely better-off speculators, financial asset owners, and the biggest borrowers during that period– corporations and the government.

The financial press, nevertheless, finds something vaguely heroic about enabling the grandest larceny ever.

Bloomberg says,

“Federal Reserve Chair Janet Yellen braved mounting opposition inside and outside the U.S. central bank and delayed an interest-rate increase again to give the economy more room to run.”

Horror Show

Meanwhile, in the real world, Jim Clifton, head of the Gallup poll group, sees a horror show. Over the glorious years in which the Bernanke-Yellen team has managed the economy, he notes, the percentage of Americans who reply to his polls saying they are in the middle or upper-middle classes has fallen from 61% to 51%.

The adult population of the U.S. is about 250 million people. So, that’s 25 million people who have slipped out of the middle class during the time when the dream team has been engineering a “recovery”. These are people whose “lives have crashed,” says Clifton:

What the media is missing is that these 25 million people are invisible in the widely reported 4.9% official U.S. unemployment rate. Let’s say someone has a good middle-class job that pays $65,000 a year. That job goes away in a changing, disrupted world, and his new full-time job pays $14 per hour, or about $28,000 a year. That devastated American remains counted as “full-time employed” because he still has full-time work, although with drastically reduced pay and benefits. He has fallen out of the middle class and is invisible in current reporting.

These “invisible Americans,” as Clifton calls them, pay a “disastrous” emotional toll. They see themselves falling behind. Whom do they blame? Themselves? Mexicans? Obama? One person they don’t blame is the one who has done them the most harm– Janet Yellen.

You may be entertaining thoughts of:

• “This does not apply to me. I make $200,000+!”,
• “I am getting by so who cares”,
• “I do not want to know! What can we do about it anyway?”,
• “I simply need to make more money!”,
• “We will get this back on track!”, or
• “You are making this way more important than it is!”

You can adopt any of the typical escape hatches we devise in our mind to protect our world view. That does not change the trends, and that does not change the proof. The government is purposely lying and stealing. Why?

What is the truth? Why would the government lie? Is that even legal? Why? The possible reasons are endless. From harmless attempts to make people feel good about the economy. Enabling positive feelings about tomorrow. Encouraging people to participate in retail buying. Or is there evil intent? Keeping the bottom 95% believing a lie while accumulation at the 5% level continues without interruptions from the “lower classes” until the 95% become true serfs!

Of course, this is not new. One prominent example is an oldie but a goodie as the saying goes. “We’ll know our disinformation program is complete when everything the American public believes is false.” That eerie arrogant quote has been attributed to Former CIA Director William Casey by an eye witness. William Casey was CIA Director from 1981 to 1987. There is a detailed account of the eye witness here at thedailysheeple.com. Now they have made lying or propaganda legal and public knowledge. It is now legal to lie to you, the American public. That is if you consider propaganda to be lying. You can read about it here:

Shocking details on new U.S. Treat “A massive embarrassment of Obama.”

and here: Proposed US law makes domestic propaganda legal

And yes, it did pass:

U.S. Repeals Propaganda Ban, Spreads Government-Made News to Americans

Now we are in a situation kind of like this:

1. I have made it legal for me to lie to you
2. Now, I tell the truth all of the time unless I am lying
3. Or is it that I am lying all of the time unless I tell you the truth
4. And that is the truth
5. I am telling the truth right now

Wow! That kind of stinks! Now we have no idea if they are telling the truth. Just like the CPI, real inflation, rising median wages, unemployment, and on and on. Maybe Casey was simply telling us what is going to happen in the future, “We’ll know our disinformation program is complete when everything the American public believes is false.”. The noose is indeed tighter!

I began college in 10th grade, studying macroeconomics for almost three years. I graduated high school in 11th grade and moved to San Diego. There I pursued the CA government state system, knowing that CA provided assistance for the handicapped to succeed. After numerous tests and interviews, CA declared that I was handicapped, granting benefits that provided 100% college tuition. Outstanding, I got a 100% scholarship. I enrolled at a private college majoring in computer science and minoring in macroeconomics.

Today, everything that I learned concerning macroeconomics means nothing. There are no more rules of proper conduct. Banking and commodity institutions are making their own rules, leaving doubt as to the proper value of all assets. I have never seen anything resembling this permitted outlaw behavior that our regulatory bodies approve by omission. It is far worse than you can possibly imagine.

The information below is sourced from “Washington’s Blog”, published on September 23, 2016:

“The country’s top white collar crime expert, William Black – who put over 1,000 top S&L executives in jail for fraud, and is a professor of law and economics at the University of Missouri – confirmed recently what the alternative media has been saying for years: the business plan of Wall Street is fraud. That’s their key profit center.”

According to a “Top Bank Fraud Expert”, all of the Big Banks’ Profits come from fraud. Indeed, the big banks manipulate every single market … and routinely engage in criminal acts.

Who cares? Well, experts say that we have to prosecute fraud or else the economy won’t ever really recover and stabilize.

But the government is doing the exact opposite. Indeed, the Justice Department has announced it will go easy on big banks and always settles prosecutions for pennies on the dollar. (This is a form of stealth bailout. It is also arguably one of the main causes of the double dip in housing.) Indeed, the government doesn’t even force the banks to admit any criminal guilt as part of their settlements. In fact:

“The banks have been allowed to investigate themselves,” one source familiar with the investigation told Reuters. “The investigated decide what they want to investigate, what they admit to, and how much they will pay.

That is absolutely repulsive! Why should you care? It affects your future. Perhaps there is a way, a method, to distance yourself from all of these disgusting pigs. Speaking of which, how about a quote from one of the top filthy pigs:

“The few who understand the system will either be so interested in its profits or be so dependent upon its favours that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical or harmful to their interests.” – The Rothschild brothers of London writing to associates in New York, 1863.

Wow! What an overbearing, condescending jerk! Why is that I have not met one person that can answer the question, “What is money?”. We have the answer that is constantly pushed by all forms of media– the US Dollar (USD). Really? I do believe that the USD has been declared as “Legal Tender”. Look at the federal reserve owned dollar. Do you see the contractual obligation that the USD $1 promises? It says, “This Note is LEGAL TENDER for ALL debts public and private”. (emphasis added) It is legal tender, currency. It is useful to settle debts until the federal reserve declares that the private currency system is going to shift to cashless. Soon the federal reserve note will no longer be accepted as LEGAL TENDER for ALL debts public and private! It may take a number of hops from one USD currency to a new one. But it is heading to cashless. It is a private currency system! They can do whatever they want, and the politicians do not have anything to say! They are useless, powerless!

There is currency, and there is money. Money is commodities. Commodities are food, precious metals, land, et cetera. Today, currency is fiat– fake. In this country, it used to be backed by silver until 1965 and gold until 1971. Other countries are basket cases and not germane to this discussion. We began throwing God out of our institutions beginning in the 1960s. One of these institutions was money, thus turning it into currency. The fact that a country backs their currency with a commodity of value is Godly and honest. Like our schools, libraries, health care, et cetera, we also removed the Godly principle from our money. Now we have the following:

The key point to take away from the above chart is the spike in the late twenties. The newly created federal reserve allowed credit to flow freely, creating the sky rocketing roaring twenties. The spectacular crash of 1929 followed five years of reckless credit expansion by the federal reserve system under the Coolidge administration. In 1924, after a sharp decline in business, the Reserve banks suddenly created some $500 million in new credit, which led to a bank credit expansion of over $4 billion in less than one year. After an attempt to stabilize the fast climb in commodities in the first half of 1928, the Federal Reserve System finally abandoned its easy-money policy at the beginning of 1929. It sold government securities, halting the bank credit expansion. It raised its discount rate to 6 percent in August 1929. Regular interest rates rose to 8 percent, commercial paper rates rose to 6 percent, and call rates rose to the panic figures of 15 percent and 20 percent. In June 1929, business activity began to slow. Commodity prices began their retreat in July. Of course, that crashed the markets since all markets run with open and free flowing credit. The members of the federal reserve– private individuals from around the world– swooped in and bought millions of shares for pennies on the dollar. It was a huge transfer of wealth. Like I said, the federal reserve decides how much currency to create out of nothing and the value or purchasing power of that currency.

This brings us to our conclusion. You own a weapon for protection. You have fire insurance for your home. You have renters insurance for your rental. You have car insurance for your automobile and health insurance for your health. You have life insurance to pay for dragging your carcass away (and hopefully some left over for your loved ones). You have these policies to protect you from the unknown. There is now a huge unknown in the world of currency. Using money to insure against currency unknowns seems prudent. That is why you have tangibles like gold and silver. Of course, there are others. We are focusing on silver.

The correct question is why? Early 2000s silver was $3 per ounce. Today, silver is $19+ today per ounce. That is roughly a 3x increase in value. This nearly matches the rise in currency supply. Gold is the same. Early 2000s gold was roughly $300-$400. Now it hovers around $1,300 per ounce. Once again, that’s approximately a 3x increase. As you can see in the chart below, from roughly 2011 to recent years, the currency supply increased nearly three times. You see silver and gold (and some other commodities) reveal the skullduggery of currency manipulators, meaning that they kept pace with inflation.

I do not see any evidence in the Bible that dissuades us from being prepared for the outcomes of plans hatched by evil men and women and permitted by God, as all the world serves Him. Quite frankly, it seems wise to have some food to overcome any disruption in the food supply chain. It seems wise to hold on to money assets that will overcome any currency disruptions. The future of the U.S. currency is tenuous at best. I see God working, allowing the world to go cashless with likely huge devaluations in currency purchasing power and fees. There is not a thing you can do about it, once the currency sits in digits. Much of the world is experiencing huge devaluations in purchasing power right now. Therein rests one of the true benefits to currency insurance.

Try the Meauring Worth calculator to fully appreciate the theft, or try the U.S. Inflation Calculator

Proverbs 22:3 (KJV) – A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.

William McChesney Martin, Jr. was chairman of the Board of Governors and the Federal Open Market Committee from April 1951 until January 1970. Martin, who described inflation as “a thief in the night,” believed that price stability should be an overriding objective of the central bank (Board of Governors 1955).

William McChesney Martin, during the 1950s, was head of the federal reserve and considered any inflation to be theft. Now we have a federal reserve stated goal of 2% inflation as a staple of economic progress. I say that 2% deflation per year may be better to deal with!

“We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it.” – Congressman Louis T. McFadden in 1932 (Rep. Pa)

They finally told the truth about who really owns the currency, though not in plain English. They do not explain their actions nor their comments on the economy in plain English. One has to deduce and discover the proper purpose and meaning. Here is how you know that there is something seriously wrong with your understanding of the USD and the federal reserve: the 2010 Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act). This bill is insidious! Before the bill, when you put your currency in the bank or purchased a bank CD, you become a debtor and the bank became the creditor. They owed you your deposited currency on demand or the value of your CD either when terminated or expired. Now, when you place your currency in the bank, you become an unsecured creditor and the bank is the debtor! You just loaned what you thought was your currency to the bank! Furthermore, you are last in line to get your money if the bank fails! Thus, you assume the role of an unsecured creditor.

No way? Read about the plan: Dodd-Frank Kills: How The U.S. Joined The International Bail-In Regime

And we are lead to believe that the FDIC is there as a backup to make us whole should the bank be unable to pay their debt to you. You can read about it here: Resolving Globally Active, Systemically Important

Do you understand what this means? When you deposit your currency into your bank account, you are loaning your currency to that bank. It is no longer your currency. It never was anyway nor will it ever be yours. It has turned into a loan. Like any loan, the debtor– the bank– can only pay back the creditor– you– if they have the currency to pay. Instead, they have written into the law that the bank can repay in shares of that bank if there is a bank failure. Great! You receive shares of a bankrupt, worthless bank. The strange paper bets called derivatives, aka risky bets made by the banks, are even paid first. Great. There are TRILLIONS of $$$ in derivatives. You are an “unsecured” debtor! You have no leverage or claim.

How can bankers do this? How is it that the politicians sponsored, wrote, and passed this law? They understand something that you do not. You do not own that dollar. You are simply being allowed to use it. That is why they can take it from you, inflate it, outlaw it to go cashless, tax it, hypothecate it (add your deposit with many others and then use the total sum as collateral), pay you negative interest (which is a technical default, since you are owed at least what you deposited), and of course simply seize it using the IRS or the revenuers– civil asset forfeiture– if you are pulled over. It’s similar to a banker coming to your house and driving the car that you thought you owned. So where does this leave you and I? I am feeling the noose!

Why did I not go the way of my friend, Vern? I knew how to live separate of this currency system 35 years ago! He built a number of homes, sold them, and turned all of the profits into gold and silver. He kept a piece of land and built a tiny home for himself, living off of the grid. He does odd jobs from time to time for cash. He has established an open case in District Court establishing himself as a private citizen, not a sovereign citizen. Sovereigns are kings and queens and bunk. He declares that he is not a corporation and rejects being under the corporate umbrella of the United States of America Incorporated. Read about the Act of 1871. How do you like being ruled by a heartless, deceiving, sleazy corporation?

His open case clearly instructs all parties part of or affiliated with USA, Incorporated that they are to address him as a private citizen further stating that they do not have legal authority over him. Of course, he is correct. It’s kind of the same principle as a county sheriff. Thus, he has alleviated himself from the responsibilities that emanate from the contract with USA, Inc. and their USD. Everything you sign, all of your legal documents that identify you, and all of your contracts are in capital letters– the hallmark of a corporation. It all started when you were signed up for a Social Security card. I pondered keeping my children from the contract with USA, Inc. However, I did not want to set their future. Living like Vern allows you to drive the highways without a license, hunt and fish without a license, and barter without paying taxes. However, he does pay property tax as the tribute to the king! The only problem is that authorities will stop you and harass you every time they happen upon you outside of your home. They do not understand the fairly complex web of common law that gives one personal rights that trump the state’s assumed, aggressive authority. Once they review the federal case, they let him go. That lifestyle has a high PITA factor.

He is somewhat of a fraud, or perhaps I am too much the purist, in that he trades a gold piece for USD from time to time to commence commerce in USD. I say if you need to live separate from the corporation, setup your bartering chain, trading goods and services much like the eras before the Federal Reserve System began. If he desires to perform a transaction that requires an ID, he has to employ proxy corporate citizens to transact for him within the USD/USA Inc. world.

Like I said, I knew of the private citizen lifestyle years ago. Living like Vern does not attract the babes. Imagine your car is towed on a date with a lady because you have no plate! Instead, you have a legal document of a private citizen. The dude that pulled you over will most likely think there is something wrong with you! Instead I exposed myself to our debt-based system in return for a lifestyle of relative ease. The only problem was that I knew I had to make choices that would guard me, as much as possible, from the banking thieves and their government and media accomplices. Vern is fully protected. Once you understand this place where you live, life requires decisions that the normal Joe would think are insane. For example, I have a 401k, savings, a TDAmerica account, and trade options, bank accounts, credit cards, a small corporation, and a job. I pay taxes, sell on eBay, and sell on several websites. I hide in plain sight. To the thief– any government entity– I appear normal. However, what they do not know and what most people cannot comprehend is that I decided to become my own central bank. I am one of the “one in a million” that understands this devilish scheme.

I had decided to split earned currency into three structures– 401k, land, and gold/silver. I surmised that when they pay SSN at the time of declared eligibility, the purchasing power would be dismal, near worthless. However, they would have fulfilled their legal obligation to pay that monthly stipend. There are some natural laws that cannot be violated. They know that very well. Why would I state that I expect to be paid in a near worthless monthly stipend? Take a look at this:

It is obvious my purchasing power is plummeting. We’ve been hit with higher prices, same price lower quantities, and in some cases lower quality same price. I sense that I am being taken as a chump when I hear the government tell me that inflation is 1%-2% per year. They know quite well that the inflation rate, as calculated after the 1980s, does not reflect everyday life.

Of course, there are always the delusional amongst us. In response to the above graph, I saw the following post on Pragmatic Capitalism, Practical Views on Money, Finance & Life:

“I recently saw a web post comparing the salary accruals on a per capita basis.” (He is referring to the graph below. Accruals are nothing more that accumulated wages not yet paid. It’s like getting a pay check every two weeks. The amount is accrued or added up until paid.)

(WOW! That looks pretty good! Wages and salaries on an upward trend.) Continuing with the comment:

“So, it’s important to put this, the Purchasing Power of the USD chart above, in the right perspective here. And when we look at this discussion it’s best to use an inflation adjusted perspective of wages and salary accruals on a per capita basis. And when we run that figure the chart looks a lot different and you’ll notice that our wages today buy twice as many goods and services than those wages could afford in 1947. (the chart only went back to 1947)”

Okay, I guess that clears it up! He is saying that the purchasing power graph above is nothing more than a symptom that when weighed with the wages and salary accrual increase makes that balance even. Really? I could say let’s examine our personal life to determine what is really true. Do these equal? Can you purchase the same amount of goods when compared to 10 years ago? I know that I cannot! Refer to the coffee example above! He fails to include, or subtract, real inflation impact to that rising but inflation affected wage. Let me find an article from one of the accomplices to see if the accrual comment stands. This should be easy.

From CNBS.com

A Long, Steep Drop for Americans’ Standard of Livingby Ron Scherer of the Christian Science Monitor, Wednesday, 19 Oct 2011:

“Think life is not as good as it used to be, at least in terms of your wallet? You’d be right about that. The standard of living for Americans has fallen longer and more steeply over the past three years than at any time since the US government began recording it five decades ago.

Bottom line: The average individual now has $1,315 less in disposable income than he or she did three years ago at the onset of the Great Recession – even though the recession ended, technically speaking, in mid-2009. That means less money to spend at the spa or the movies, less for vacations, new carpeting for the house, or dinner at a restaurant.”

Or better yet: Invisible American

“The percentage of Americans who say they are in the middle or upper-middle class has fallen 10 percentage points, from a 61% average between 2000 and 2008 to 51% today.”

Do you understand? I could go into the unemployment figures to further prove my point that we are living with a giant blood sucking bed bug that only comes out to feast for its life’s blood, currency, and control to spread more lies that justify their thievery. How truly sad for the poor and those on a fixed income! That is why I have always considered the color of currency to be red, not green! As a matter of fact, this is so egregious that I have to show you.

paulcraigroberts.org: Employment Lies — Paul Craig Roberts, June 3, 2016

“June 3, 2016. Today the Bureau of Labor Statistics announced that the US economy only created 38,000 new jobs in May and revised down by 59,000 jobs the previously reported gains in March and April.

Yet the BLS reported that the unemployment rate fell from 5.0 to 4.7 percent, a figure generally regarded as full employment.

The May jobs increase only covers a small fraction of the monthly growth in the labor force and, therefore, cannot account for the drop in unemployment.

Moreover, the BLS reported that the labor force participation rate fell by 0.2 percentage points, bringing the decline to 0.4 percentage points over the past two months. Normally, a strong labor market, such as one represented by a 4.7% unemployment rate, causes an increase in the labor force participation rate.

The question becomes: How real is the 4.7% rate of unemployment?

The answer is: Not at all.

The unemployment rate dropped because people unable to find jobs ceased looking and are no longer counted as being in the labor force. If you are unemployed but not considered part of the labor force, you are not included when unemployment is measured. The BLS says that in May there were 1.7 million Americans who “wanted and were available for work,” but “were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.”

In other words, the unemployment rate is a useless measure of unemployment, just as the consumer price index no longer measures inflation. What were once useful statistical measures have been converted into good news propaganda.”

And more dissecting the unemployment lie:

• Fortune: Is the unemployment rate really just a “Big Lie”? by Chris Matthews, February 4, 2015, 7:00 AM EDT
• thebalance.com: What Is the Real Unemployment Rate? Does the Government Lie About Unemployment? Kimberly Amadeo, Updated September 02, 2016

Wait, there is more of the lie! Recently I saw the headline that there has been a 5% increase in median household income. That kind of gives you good, hopeful feelings. It brings an easing of the mind. It’s reassuring that the economy is “on the right track”. I knew immediately that was a misleading statement meant to give the illusion that incomes are rising. They assume that you, yes you and I, have no idea what a median amount really means. Here is a good explanation.

An excellent graph that shows the same taken from the oftwominds article above:

Here is the real picture. “The truth is the rich are getting richer and everyone else is losing ground as inflation chews through stagnant incomes.”

As we hear ad nauseam that rich are getting richer, the poor are getting poorer. Let’s take a look at the real data after being adjusted for inflation. That is government calculated inflation not the real numbers from before the 1980s as discussed previous. Who really grew 5% in 2015? The following chart breaks the household income into two distinct groups– ones at or above $200,000 and those below. There is a simple example of median at the end of this document.

IT’s nothing but a deceptive lie! Did you review the remaining two graphs in the oftwominds article?

1. Increases in household wealth continue to accrue to the top of the wealth pyramid: The “Devastating” Truth Behind America’s Record Household Net Worth.
2. If CPI is used, the “real median household income” has not even regained its 2008 level.

Got it? Just in case you have doubt, let’s review. From the oftwominds article:

If “real” inflation is running hotter than “official” inflation, which it is if we properly weight the big-ticket items such as rent, healthcare, and college tuition, then “real household income” has declined sharply since 2008; the 5% “gain” is completely illusory.

http://www.oftwominds.com/blogaug16/burrito-index8-16.html

http://www.oftwominds.com/blogaug16/inflation8-16.html

http://www.oftwominds.com/blogaug16/inflation-crash8-16.html

NOTE: From 1913 until now, inflation of the dollar has been 2950%. A 1913 dollar would now be worth $.034. When I became a wage earner in 1950, I could buy a full breakfast, eggs, sausage, hashbrowns, shortstack, juice, and coffee for $0.39. This morning I paid $9.60 for the same; that is an inflation of 2460%!

And one more as observed at zerohdge.com:

The Dying Middle-Class, by Tyler Durden – Sep 27, 2016 8:00 PM

Authored by Bonner & Partner’s Bill Bonner (annotated by Acting-Man’s Pater Tenebrarum),