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Originally posted by my3911
I'll say this for now.... I have my own ideas of what it could be, but I would rather not disclose anything this early in the thread. This thread is to share your thoughts on what the "master conspiracy" could be. This thread is for you all to discuss the "master conspiracy". This thread is not about me. I would like to hear your thoughts.
Originally posted by my3911
Fellow ATS members,
How many of you feel the same way I do about current, top threads on this site? Don't you feel like the "big picture" is starting to come into focus? I'm very good at reading patterns... it is what I do for a living (please don't ask).
I really feel like there has been an uptick in activity with certain topics. When you look at them from above, they all seem to connect. I believe something very big is about to happen. Ever since I've been on this planet (40 yrs), I've never seen anything like this. I made a vow to search for the truth when I was very young and I think I'm about to learn that truth.
So with that said, what are your views on what this "master conspiracy" would be? I'm open for any suggestions, no matter how far fetched. I want to see the big picture in HD, how about you?
Let's get started!
Those pretty green slips of paper in your wallet commonly known as U.S. dollars are Federal Reserve Notes. Bank scrip. The Fed can print as much of it as it wants or needs to. With this in mind, consider that fully eighty percent (80%) of U.S. Treasuries (U.S. government debt) sold in 2009 were bought by the Fed because there were no other willing buyers. factsnotfantasy.blogspot.com...
According to an article in The New Republic of Dec. 2, 1991, in 1948, a married couple with median income and two children, paid only 2% in state, federal, and Social Security taxes. In 1999, Social Security was 15.3%, plus 2.9% for Medicare, out of the first $62,700 in wages, or $11,411.40, and then perhaps 30% in federal taxes…if you were lucky.... www.gold-eagle.com...
Appendix E – Money Is Created by Banks Evidence Given by Graham Towers
Some of the most frank evidence on banking practices was given by Graham F. Towers, Governor of the Central Bank of Canada (from 1934 to 1955), before the Canadian Government's Committee on Banking and Commerce, in 1939. Its proceedings cover 850 pages. (Standing Committee on Banking and Commerce, Minutes of Proceedings and Evidence Respecting the Bank of Canada, Ottawa, J.O. Patenaude, I.S.O., Printer to the King's Most Excellent Majesty, 1939.) Most of the evidence quoted was the result of interrogation by Mr. “Gerry” McGeer, K.C., a former mayor of Vancouver, who clearly understood the essentials of central banking. Here are a few excerpts:
Q. But there is no question about it that banks create the medium of exchange?
Mr. Towers: That is right. That is what they are for... That is the Banking business, just in the same way that a steel plant makes steel. (p. 287)
The manufacturing process consists of making a pen-and-ink or typewriter entry on a card in a book. That is all. (pp. 76 and 238)
Each and every time a bank makes a loan (or purchases securities), new bank credit is created — new deposits — brand new money. (pp. 113 and 238)
Broadly speaking, all new money comes out of a Bank in the form of loans.
As loans are debts, then under the present system all money is debt. (p. 459)
Q. When $1,000,000 worth of bonds is presented (by the government) to the bank, a million dollars of new money or the equivalent is created?
Mr. Towers: Yes.
Q. Is it a fact that a million dollars of new money is created?
Mr. Towers: That is right.
Q. Now, the same thing holds true when the municipality or the province goes to the bank?
Mr. Towers: Or an individual borrower.
www.michaeljournal.org...
New money does not appear magically in equal percentages in all people's bank accounts or under their mattresses. Money spreads unevenly, and this process has varying effects on individuals, depending on whether they receive early or late access to the new money. This was one of Mises's original contributions to monetary theory, one that is ignored by all other schools of economic analysis.... Mises argued that the losses of the late-coming losers are the source of income for the early arrival winners....
...This indicates a fundamental aspect of Mises's monetary theory that is rarely mentioned: the expansion or contraction of money is a zero-sum game.... The economic benefits obtained by the early users of new money, even gold, are made at the expense of those who gain access to it after it has altered the array of prices.... www.lewrockwell.com...
Of all the contrivances for cheating the laboring classes of mankind, none is so effectual as that which deludes them with paper money. It is the most perfect expedient ever invented for fertilizing the rich man’s fields by the sweat of the poor man’s brow. Ordinary tyranny, oppression, excessive taxation, these bear lightly on the happiness of the community compared with fraudulent currencies and the robberies committed by depreciated paper. [inflation cv] Our own history has recorded enough, and more than enough, of the demoralizing tendency, the injustice and intolerable oppression on the virtuous and well disposed, of a degraded paper currency, authorized by law, or in any way countenanced by Government. ~Nelson W. Aldrich, United States Senator, at a New York City dinner speech on October 15, 1913 IV Proceedings of the Academy of Political Science #1, at 38 (Columbia University, New York (1914)). [He was quoting Andrew Jackson. cv] www.linuxtoday.com...
First National Bank of Montgomery vs. Daly (1969)
Mr. Morgan, the bank's president, took the stand. To everyone's surprise, Morgan admitted that the bank routinely created money "out of thin air" for its loans, and that this was standard banking practice. "It sounds like fraud to me," intoned Presiding Justice Martin Mahoney amid nods from the jurors. In his court memorandum, Justice Mahoney stated:
Plaintiff admitted that it, in combination with the Federal Reserve Bank of Minneapolis, . . . did create the entire $14,000.00 in money and credit upon its own books by bookkeeping entry. That this was the consideration used to support the Note dated May 8, 1964 and the Mortgage of the same date. The money and credit first came into existence when they created it. Mr. Morgan admitted that no United States Law or Statute existed which gave him the right to do this. A lawful consideration must exist and be tendered to support the Note.
www.webofdebt.com...
...Given the previous hyperinflation, clearly there was ample reason for currency revulsion. So you can consider this argument a necessary but not sufficient precondition. What makes the universal acceptance stick is that government accepts its own money to expunge liabilities to it. In plain English, fiat money has value because it is the only money you can use to pay taxes. ....The fact that this money is also the medium of exchange only entrenches its use. So the tax liability is a necessary pre-condition for fiat currency to work, something I will return to....
[No wonder Amendment 16 - Status of Income Tax Clarified was Ratified 2/3/1913, a couple months after the Federal Reserve Act. cv]
Weimar Germany 1919-1923
The key to Weimar's hyperinflation was two-fold.
1. The German government had a large foreign currency debt obligation.
2. The German economy lost huge amounts of productive capacity causing prices to soar as demand outstripped supply....
Zimbabwe
While the facts in Zimbabwe are different, the underlying causes for hyperinflation were the same: foreign currency obligations and a loss of productive capacity.
Zimbabwe had established Independence from Britain in 1980. Yet, by the late 1990s 70% of productive arable land was still held by the small minority 1% of white farmers in the country. After years of talk about redistribution, in 2000, the President Robert Mugabe began to redistribute this land.
The redistribution process was a disaster, .... With agricultural production having plummeted, Zimbabwe was forced to pay to import food in hard currency.
Meanwhile, the government turned to the printing presses to fulfil its domestic obligations. as in Germany, the foreign currency obligations, the loss of productive capacity and the money printing was a toxic brew which ended in hyperinflation.
Hyperinflation in the USA, May 2010
As you can see from the two most severe cases of hyperinflation, the problem in each case was a loss of productive capacity, foreign currency liabilities, and a loss of the ability to tax....
In the German example, the Germans had a huge foreign currency liability that it had to pay, meaning it could not make good on the liability by printing money. It was a currency user as far as these liabilities went. Meanwhile, with productive capacity limited, the government was then unable to ease price pressure through the tax lever. The shortage of goods drove up prices inexorably and the government was forced to turn to the printing press in order to meet its domestic obligations.
In the Zimbabwe example, taxes were again central. Unable to recoup enough tax revenue and with large foreign currency obligations and a loss of productive capacity, the government resorted to printing money in an environment where prices were rising.
So, hyperinflation has very specific preconditions that are not apparent in the U.S..
1. No foreign currency liability: The U.S. dollar is the world's reserve currency so the U.S. can pay for trade goods in U.S. dollars.. The U.S. does not have a peg to gold or some other currency which acts as a de facto foreign currency liability. And the U.S. government has substantially no foreign currency liabilities. All of the debt is issued in domestic currency.
2. Price pressures are still anchored: While commodity prices are rising, they are rising in all currencies, not just in USD. Moreover, their rise will create demand destruction before any hyperinflation could occur. Why? Unemployment is high and capacity utilization is low, meaning there are no inflationary pressures on that front to help push inflation higher before demand destruction sets in.
3. Currency revulsion has not set in: Tax compliance is high in the U.S. We are not talking about Russia, Greece or Argentina where government has had a difficult time in raising tax. Moreover, as the USD is still the world's reserve currency, there has been no freefall sell off of dollars, nor do I anticipate any in the near-to-medium term.
In short, there will be no hyperinflation in the U.S. any time soon.... www.creditwritedowns.com...
The shocking admission Ft Knox holds very little good delivery gold was made to Mr. Durell by the chief official of the General Accounting Office (GAO). This happened a few months after the September 1974 tour.
www.lewrockwell.com...
Jim Rickards lays out a plan to commandeer Germany’s and all foreign depositors of sovereign gold at the New York Fed as currency wars heat up... maxkeiser.com...
The Wall Street Journal reports Friday that gold prices are soaring to record highs as a new powerful factor has emerged as a driver of that rally — China.
According to the Journal, China is now buying huge amounts of gold ...
key data released by China’s state-run Xinhua news agency showing that China imported 209.7 metric tons of gold in the first 10 months of this year. That’s a five hundred percent increase compared to the same period in 2009... www.moneynews.com...
Jun 18, 2010 ... As the world's largest producer of the metal, China often buys gold from its own mines and doesn't report those sales publicly... www.businessinsider.com...
The People's Bank of China(PBOC) recommended yesterday that 1 billion Chinese consider buying gold as a hedge against inflation ; blogs.forbes.com...
It does not take a genius to figure this out. It is sooooo simple and i can sum it up in one word. GREED...
...We're talking about a river of unearned wealth that is so wide you can't even think of crossing it, flowing perpetually into the banking cartel. A dead short across the productive element of society. Money being taken from people who are working hard providing the material and the labor. They don't even know that this is being taken from them and it's in this huge river of wealth flowing into the banking cartel. It's a staggering thought.
They're not buying more yachts and mansions with this money, they've already got all of those they possibly want. In fact they got rid of the mansions on Jekyll Island a long time ago because they were bored with that. That's not it. When a person has all the wealth that you could possibly want for the material pleasures of life, what is left? Power. They are using this river of wealth to acquire power over you and me and our children.
They are spending it to acquire control over the power centers of society. The power centers are those groups and institutions through which individuals live and act and rely on for their information. They are literally buying up the world but not the real estate and the hardware, they're buying control over the organizations, the groups and institutions that control people.
In other words, to be specific, they are buying control over politicians, political parties, television networks, cable networks, newspapers, magazines, publishing houses, wire services, motion picture studios, universities, labor unions, church organizations, trade associations, tax-exempt foundations, multi-national corporations, boy scouts, girl scouts, you name it. Make your own list of organizations and you will find that this is where those people have been for many decades spending this river of wealth to acquire operational control particularly over those institutions and individuals, those organizations that represent opposition to themselves. That's a critical area for expenditure on their part.
This process has gone on not only to a marked degree in America and in the other industrialized nations of the world, but it has gone on in the so-called third world or underdeveloped nations to such a degree that I would say the process is now complete. They own these countries already. Have you ever wondered what's going on there at the International Monetary Fund and the World Bank? Kind of an obscure operation isn't it? ..... www.bigeye.com...
Originally posted by cloaked4u
Originally posted by my3911
Fellow ATS members,
How many of you feel the same way I do about current, top threads on this site? Don't you feel like the "big picture" is starting to come into focus? I'm very good at reading patterns... it is what I do for a living (please don't ask).
I really feel like there has been an uptick in activity with certain topics. When you look at them from above, they all seem to connect. I believe something very big is about to happen. Ever since I've been on this planet (40 yrs), I've never seen anything like this. I made a vow to search for the truth when I was very young and I think I'm about to learn that truth.
So with that said, what are your views on what this "master conspiracy" would be? I'm open for any suggestions, no matter how far fetched. I want to see the big picture in HD, how about you?
Let's get started!
It does not take a genius to figure this out. It is sooooo simple and i can sum it up in one word. GREED. Alot of people have always FOLLOWED THE MONEY trail to get to the truth of the matter. IF, IF, you do this, you will find all the answers and then some. The FACT is that this is the main drive for these types of individuals. FACT. It is a drive, a rush for these people. An addiction that leads to your downfall and their advantage. GREED,GREED,GREED,GREED. I cannot say it enough. They are the most ruthless, underhanded thieves. THEY are the BLOODSUCKERS of society. The only thing that these ruthless people understand is DEATH. I really cannot believe you had to ASK, what the BIG PICTURE really is. NOW, i gave you the hard FACTS, now what are you going to do about it? Here, let me help you answer that question. You will do ABSOLUTELY nothing and this is why the GREEDY people get away with what they do. END OFSTORY
Originally posted by my3911
Since some of you are having are hard time, here are a few topics and please consider the timeliness of it all:
ELEnin
Government overspending: Possible stock market crash
FEMA: First ever nation-wide emergency "test" on 11-Nov-2011
Canadian disclosure of UFOs
The media and the the type of movies they are releasing
Obama cancelling public events and his scheduled, televised speech
Large number of troops deployed domestically
Increase of military equipment movements
Increase of large magnitude earthquakes (5.5>)
Increase of extreme weather
Increased solar activity
Please don't think I don't know why most of these things are happening, I'm just saying I think they connect and again....
These are just a few topics.
edit on 9-8-2011 by my3911 because: Corrections
Originally posted by kwakakev
Here is my view of the big picture www.abovetopsecret.com...