Archive for December, 2008

Realizing RAND’s Plan for World War Three

Posted in New World Order, News, Police State/Martial Law, Truth/Freedom on December 31, 2008 by truthwillrise

Realizing RAND’s Plan for World War Three

29. Dezember 2008 | Von BR | Kategorie: Baltic & Europe News

image According to the New York Times, Pakistan has moved troops away from its western border with Afghanistan while India has issued a warning to travelers to avoid Pakistan. “The redeployment came as Indian authorities warned their citizens not to travel to Pakistan given the heightened tensions between the two nations, news agencies reported, particularly since Indian citizens had been arrested there in connection with a bombing in the Pakistani city of Lahore,” the newspaper reports. The Associated Press quoted two Pakistani intelligence officials as saying that the Pakistani Army’s 14th division was being sent to Kasur and Sialkot, near the Indian border, and that around 20,000 troops were being redeployed.

Pakistan’s troop redeployment comes on the heels of its warning India that it would face a “stern response” if it engaged in surgical strikes in response to the Mumbai attacks, now demonstrated to be a false flag attack. “Pakistan did not want war but is ready to defend its frontiers, Shah Mahmood Qureshi told reporters in his hometown of Multan. If India made the “mistake of carrying out a surgical strike”, Pakistan will deal sternly with such an eventuality. Pakistan has purportedly moved its tenth brigade to Lahore and ordered its third Armed Brigade to march towards Jhelum,”ZeeNews reported on December 25. “A lot of military movement is being noticed in districts just across the international border for the last few days, which is not normal,” said RC Dhyani, DIG of Rajasthan frontier BSF.

Analysts note that in the event of a war between the two nuclear armed nations, the Pakistani military would effectively abandon its part in the contrived U.S.-led GWOT and pull its troops away from the western border with Afghanistan, where they have been battling Pakistan ISI and CIA spawned militants, and deploy them on the eastern border with India.

“Pakistani Taliban militants have already said they would rally to help the Pakistani military in the event of war against India,” Reuters noted on December 24. “Public sympathy and support for militant groups would soar as they would be seen as national defenders against the ‘real enemy’, India.”

A war between Pakistan and India and Pakistan’s abandonment of the GWOT in its tribal regions would provide the U.S. with a near perfect pretext to attack targets inside Pakistan. Last August Barack Obama promised to launch just such attacks “with or without approval from the Pakistani government, a move that would likely cause anxiety in the already troubled region” and exacerbate any conflict between India and Pakistan.

Earlier this year Nisar A. Memon of the Pakistan Muslim League-Q alleged in the upper house said that the U.S. plans to foment civil war and strife in order to break up Pakistan, according to the Pakistan Daily. “He urged the government to take cognizance of a research report by Prof Michel Chossudovsky of Global Research (Canada) which said that the recent regime change would be followed by a ‘deliberate’ political impasse. The report said that the political impasse was part of an evolving US foreign policy agenda which favored disruption and disarray in the structure of the state.” An earlier report by the CIA predicted a “Yugoslavia-like fate for Pakistan in a decade with civil war, bloodshed and inter-provincial rivalries as seen in Balochsitan.”

A conflict between India and Pakistan, however, has the potential to escalate far beyond mere conventional and civil war. “No conventional war between India and Pakistan will remain limited for long and will gradually lead to a full-scale war and ultimately to a nuclear conflict,” a study by a Pakistani defense official warned in 2004, Space Dailyreported. If India conducts surgical strikes against Pakistan, explained the official, “Pakistan is not going to sit quiet. It will be an act of war which will not remain limited and it can escalate to a full-scale war and ultimately it can lead to a nuclear conflict if Pakistan’s national interests are threatened.”

Earlier this month J. Sri Raman reported on India’s fanatical Rashtriya Swayamsevak Sangh party and its call for nuclear war in response to the Mumbai attacks. Kuppahalli Sitaramayya Sudarshan, leader of the RSS, believes “there is no other way left” to deal with terrorism and “that this terrorism may ultimately result in a Third World War. And this will be a nuclear war in which many of us are going to be finished.”

“According to reports out of top Chinese mainstream news outlets, the RAND Corporation recently presented a shocking proposal to the Pentagon in which it lobbied for a war to be started with a major foreign power in an attempt to stimulate the American economy and prevent a recession,” Paul Joseph Watson and Yihan Daiwrote for Prison Planet on October 30. “The reports cite French media news sources as having uncovered the proposal, in which RAND suggested that the $700 billion dollars that has been earmarked to bailout Wall Street and failing banks instead be used to finance a new war which would in turn re-invigorate the flagging stock markets.”

A war between India and Pakistan may provide an ideal pretext for U.S. involvement in the region. “Reportedly, the RAND proposal brazenly urged that a new war could be launched to benefit the economy, but stressed that the target country would have to be a major influential power, and not a smaller country on the scale of Afghanistan or Iraq,” Watson notes. “The reported RAND proposal dovetails with recent comments made by Joe Biden, Colin Powell, Madeleine Albright and others, concerning the ‘guarantee’ that Barack Obama will face a major ‘international crisis’ soon after taking office.” As noted above, Obama has made a point of mentioning Pakistan as a target of U.S. intervention.

It now appears a brewing war between India and Pakistan is precisely the sort of conflict imagined by the RAND Corporation to stimulate the deteriorating American economy. It will also provide a pretext to declare martial law in America and put the finishing touches on the New World Order’s high-tech surveillance state and control grid.

Microchips implanted in Mexican officials

Posted in New World Order, News, RFID on December 31, 2008 by truthwillrise

Attorney general, prosecutors carry security pass under their skin

Mexican man scanned to show code on his implanted chip

 

By Will Weissert

updated 8:21 p.m. CT, Wed., July. 14, 2004

MEXICO CITY – Security has reached the subcutaneous level for Mexico’s attorney general and at least 160 people in his office — they have been implanted with microchips that get them access to secure areas of their headquarters.

It’s a pioneering application of a technology that is widely used in animals but not in humans.

Mexico’s top federal prosecutors and investigators began receiving chip implants in their arms in November in order to get access to restricted areas inside the attorney general’s headquarters, said Antonio Aceves, general director of Solusat, the company that distributes the microchips in Mexico.

Attorney General Rafael Macedo de la Concha and 160 of his employees were implanted at a cost to taxpayers of $150 for each rice grain-sized chip.

More are scheduled to get “tagged” in coming months, and key members of the Mexican military, the police and the office of President Vicente Fox might follow suit, Aceves said. Fox’s office did not immediately return a call seeking comment.

A spokeswoman for Macedo de la Concha’s office said she could not comment on Aceves’ statements, citing security concerns. But Macedo himself mentioned the chip program to reporters Monday, saying he had received an implant in his arm. He said the chips were required to enter a new federal anti-crime information center.

“It’s only for access, for security,” he said.

The chips also could provide more certainty about who accessed sensitive data at any given time. In the past, the biggest security problem for Mexican law enforcement has been corruption by officials themselves.

Chips read by RFID scanners
Aceves said his company eventually hopes to provide Mexican officials with implantable devices that can track their physical location at any given time, but that technology is still under development.

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The chips that have been implanted are manufactured by VeriChip Corp., a subsidiary of Applied Digital Solutions Inc. of Palm Beach, Fla.

They lie dormant under the skin until read by an electromagnetic scanner, which uses a technology known as radio frequency identification, or RFID, that’s now getting hot in the inventory and supply chain businesses.

Scott Silverman, Applied Digital Solutions’ chief executive, said each of his company’s implantable chips has a special identification number that would foil an impostor.

“The technology is out there to duplicate (a chip),” he said. “What can’t be stolen is the unique identification number and the information that is tied to that number.”

Erik Michielsen, director of RFID analysis at ABI Research Inc., said that in theory the chips could be as secure as existing RFID-based access control systems such as the contactless employee badges widely used in corporate and government facilities.

However, while those systems often employ encryption, Applied Digital’s implantable chips do not as yet. Silverman said his company’s system is nevertheless safe because its chips can only be read by the company’s proprietary scanners.

Thousands sold to distributors worldwide
In addition to the chips sold to the Mexican government, more than 1,000 Mexicans have implanted them for medical reasons, Aceves said. Hospital officials can use a scanning device to download a chip’s serial number, which they then use to access a patient’s blood type, name and other information on a computer.

The Food and Drug Administration has yet to approve microchips as medical devices in the United States.

Still, Silverman said that his company has sold 7,000 chips to distributors worldwide and that more than 1,000 of those had likely been inserted into customers, mostly for security or identification reasons.

In 2002, a Florida couple and their teenage son had Applied Digital Solutions chips implanted in their arms. The family hoped to someday be able to automatically relay their medical information to emergency room staffers.

The chip originally was developed to track livestock and wildlife and to let pet owners identify runaway animals. The technology was created by Digital Angel Corp., which was acquired by Applied Digital Solutions in 1999.

Because the Applied Digital chips cannot be easily removed — and are housed in glass capsules designed to break and be unusable if taken out — they could be even more popular someday if they eventually can incorporate locator capabilities. Already, global positioning system chips have become common accouterments on jewelry or clothing in Mexico.

In fact, in March, Mexican authorities broke up a ring of used-car salesmen turned kidnappers who were known as “Los Chips” because they searched their victims to detect whether they were carrying the chips to help them be located.

Neocon Bolton Says Gaza Conflict May Result in U.S. Attack on Iran

Posted in News on December 31, 2008 by truthwillrise

 

Neocon Bolt Says Gaza Conflict May Result in U.S. Attack on Iran

Paul Joseph Watson
Prison Planet.com
Wednesday, December 31, 2008

Top Neo-Con John Bolton told Fox News yesterday that the conflict in Gaza could lead to a U.S. attack on Iran as the former U.S. ambassador to the UN exploited the crisis to propagandize for a new war.

“So while our focus obviously is on Gaza right now, this could turn out to be a much larger conflict,” said Bolton, adding that “we’re looking at potentially a multi-front war here.”

“I don’t think there’s anything at this point standing between Iran and nuclear weapons other than the possibility of the use of military force possibly by the United States, possibly by Israel,” added the former ambassador, suggesting that a strike on Iran’s facilities by Israel alone would be risky but could push Iran back by three or four years.

 

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Bolton’s ceaseless fearmongering about Iran obtaining a nuclear weapon contradicts the U.S. intelligence community’s own National Intelligence Estimate, which concluded that Iran abandoned its nuclear weapons program in 2003 and was highly unlikely to develop a nuclear weapon this decade.

Bolton’s implication that other Arab states would support an attack on Iran to prevent them from obtaining nuclear weapons, and in his own words “pop champagne corks,” is a ludicrous claim. Bolton is actually trying to suggest that Arabs celebrate when the U.S. attacks the Middle East. The invasions of Iraq and Afghanistan alone have stoked anti-US sentiment across the Middle East and Iranian President Mahmoud Ahmadinejad, far from being viewed as a dangerous tyrant, is seen as more of a “hero” across the Middle East, according to a 2007 L.A. Times investigative report.

Watch the clip.

This is Sad!

Posted in Truth/Freedom on December 30, 2008 by truthwillrise

This is sad. It would be quite funny if it were not true. Ignorance truly is not bliss and ignorant ignorance is in fact the prison with no bars.

 

Gaza relief boat carrying Cynthia McKinney rammed by Israelis

Posted in New World Order, News on December 30, 2008 by truthwillrise

 

David Edwards and Muriel Kane
Raw Story
December 30, 2008

An Israeli patrol boat intercepted a yacht carrying three tons of medical supplies to Gaza in international waters early on Tuesday as it attempted to run an Israeli blockade. According to those on board, the patrol boat accused the relief vessel of being involved in terrorist activity and then deliberately rammed it, forcing it to return to port in Lebanon.

Among the yacht’s 16 passengers were doctors, journalists, and human rights activists, including former Rep. Cynthia McKinney (D-GA). McKinney spoke to CNN from Lebanon, telling John Roberts, “Our boat was rammed three times, twice in the front and once on the side.”

McKinney described as “outright disinformation” a statement by the Israeli Foreign Ministry which called the charge that the ramming was deliberate “absurd.” According to the Israeli spokesman, the boat was struck as it attempted to outmaneuver the Israeli vessel.

The Free Gaza movement, which sponsored the relief mission, explained in a press release, “This is the sixth boat that the Free Gaza movement has sent … in a symbolic effort to end the seige of Gaza. These are small boats, and they do not cross into Israeli waters at all. This Israeli attack on the boat, which occurred in international waters, cannot be described as ’self defense’ by any stretch of delusional imagination.”

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“Our mission was a peaceful mission to deliver medical supplies,” McKinney told CNN, “and our mission was thwarted by the Israelis — the aggressiveness of the Israeli military.”

McKinney then appealed to President-elect Obama to “say something, please, about the humanitarian crisis that is being experienced right now by the people of Gaza.” She referred to Martin Luther King’s description of the United States as “the greatest purveyor of violence on the planet” and noted that “the weapons that are being used by Israel are weapons that are being supplied by the United States.”

McKinney has been known for her opposition to Israeli policies, which is blamed in part for her loss of her Congressional seat. According to the Washington Post, “In 2002, two Democrats in Congress with records of voting against Israel’s interests — Reps. Earl Hilliard of Alabama and Cynthia McKinney of Georgia — faced primary opponents who received substantial support from Jewish donors. A majority of AIPAC board members gave to either McKinney’s challenger or Hilliard’s or both. Hilliard and McKinney lost.”

The full CNN story can be read here.

 

http://www.infowars.com/?p=6880

A Ponzi Scheme Within A Ponzi Scheme

Posted in General, New World Order, News, Police State/Martial Law, Truth/Freedom on December 30, 2008 by truthwillrise

A Ponzi Scheme Within A Ponzi Scheme

 

Bob Chapman
Infowars
December 30, 2008

Dwarfing the Madoff Ponzi scheme, which in the end may turn out to be, at least in part, a scam to feign investment losses for purposes of ripping off insurance companies with invalid claims for fraud while bilking taxpayers out their hard-earned money with deceitful requests for government bailouts and tax breaks, is the Social Security Ponzi scheme. While the Madoff Ponzi scheme, so-called, may be measured in the tens of billions, the Social Security Ponzi scheme can be measured in the tens of trillions, making it a thousand times worse. The Social Security system is truly a Ponzi scheme in the classic sense, where the first contributors to the fund are paid benefits mainly out of the funds received from the contributions of later participants.

 
  Ponzi scheme
   
  The Ponzi aspects of the Social Security scam were enhanced by one of the main conspirators in this scheme, the Federal Reserve.
   

The Social Security system we are familiar with was originally enacted in 1935 by an incredibly corrupt Congress (much like the current one), and signed into law by FDR, a corrupt and ardent Illuminist who did as he was told to do by his Illuminist Puppet Masters (principally John Rockefeller, Jr. and J P Morgan, Jr.). At that time, the Social Security system was known as the Old-Age, Survivors and Disability Insurance (OASDI) program. The OASDI was not implemented until 1937 due to Constitutional challenges, but suffice it to say, the Illuminist puppets in the Supreme Court of that day, who were every bit as corrupt as FDR and the Congress, made sure the Socialist agenda went forward.

The Ponzi aspects of this Social Security scam were enhanced by one of the main conspirators in this scheme, the Federal Reserve. Shortly after the Social Security system was implemented in 1937, our central bank inflated our currency by increasing the supply of money and credit in order to boost prices and incomes and take us out of depression. This process accelerated in 1941 in order to fund the war effort as WWII got underway following the 911 event of that time, namely, the attack on Pearl Harbor, which our government knew was coming way before it happened, but then turned a blind eye to the upcoming attack so we could be dragged kicking and screaming into the next Illuminist war for profit. Incomes and prices rose as Americans went to work to power the war effort, thus causing incoming Social Security contributions to burgeon, while simultaneously debasing the value of the benefits being distributed, thus further enabling the Ponzi scheme to be perpetuated.

Note how in 1933, just prior to the enactment of the OASDI in 1935, bankster-buddy FDR took us off the gold standard domestically, leaving only dollars and dollar-denominated accounts held by foreigners backed by gold. That meant we had a domestic fiat currency, which allowed the Fed to do as it pleased with the supply of money and credit in the US, and as you may have guessed, the Fed chose to increase the supply quite dramatically to fund WWII so the military-industrial complex could grow filthy rich. This tied in perfectly with the Social Security Ponzi scheme as we became an economic powerhouse in the aftermath of WWII, with a peak in the late 1960s, by filling the Social Security fund with fresh infusions of inflated cash to keep the Ponzi scheme going, while debasing the fixed benefits being paid out to retirees.

Next came the Vietnam War, and more debt, especially to foreign nations, and more inflation from an increase in the supply of money and credit to fund the latest war for profit. This brought about the final debasement of our currency after the London Gold Pool failed to cap the price of gold, resulting in a bank holiday in Britain during the Johnson Administration. President Nixon, also an ardent Illuminist, at the request of his Puppet Masters, in order to stop the outflow of our national gold to foreigners due to war debt and to enhance the Fed’s ability to increase money and credit to fund Johnson’s Great Society welfare programs, took us completely off the gold standard in 1971. As a result, inflation went out of control as our currency became purely fiat in nature, with double-digit inflation peaking in the early 1980s. Once again, the resulting inflation furthered the Social Security Ponzi scheme, which was an integral part of Johnson’s Great Society program.

In order to placate complaints about the effects of inflation on the purchasing power of benefits, which grew quite pronounced with the passage of time, an attempt was made to counteract the impact of inflation by providing for cost-of-living adjustments (COLA) based on official inflation rates. Not to be daunted, the elitists made sure that the Bureau of Lying (Labor) Statistics (BLS), which they totally control with their puppets at the BLS, put out greatly understated official inflation statistics, usually at one half to one third of actual inflation, a process known as hedonics, which they use to screw Social Security recipients out of their proper COLA increases. As you can see, Inflation is the best tool available to perpetuate the Social Security Ponzi scheme, by burgeoning incoming money at the full rate of inflation while benefits are increased by only a fraction of the actual rate of inflation. This has changed recently, because wages have stagnated, and this has put stupendous pressure on our already bankrupt Social Security system, a huge, gargantuan Ponzi scheme that is about to unravel.

Make no mistake about it; this was an Illuminist scheme to impoverish the middle class, not to provide for people’s security. Ask Social Security recipients how many of them feel secure based on the miniscule benefits they are receiving. This was a Communistic spreading of wealth from the middle class to the poor, not from the wealthy to the poor, since FICA contributions have always been cut off at a level of income associated with the middle class, leaving the wealthy free of FICA liability on most of their income because Social Security benefits are capped, presumably making FICA deductions, above the designated maximum level of income, unfair. In the end, the poor are still poor, the middle class has now joined the ranks of the poor, and the wealthy are now fabulously wealthy, which results are characteristic of any Communistic or Fascistic form of governance. Between the Social Security system, the Income Tax system and the Federal Reserve System, they will spend, tax and inflate, respectively, the American sheople into oblivion.

Their Communistic, Fascistic mantra has been: Give us your money and we will take care of you from the cradle to the grave. They will take care of you all right — in a Halliburton-built, slave-labor internment camp, complete with disinformation centers where they will brainwash your children to make them into good, quiet, dumb, cooperative sheople-serfs. This mantra has in fact been used to help fund all their plans for world government by extorting a myriad of taxes out of you, and one of the main taxes which has been used to fund their plans has been the Federal Insurance Contributions Act (FICA), which funds their Social Security Ponzi scheme, which, as a result, has actually become a Ponzi scheme within a Ponzi scheme.

So how has our Social Security system become a Ponzi scheme within a Ponzi scheme? We’ll tell you how. Our reprobates and sociopaths in Congress have regularly, over many decades, overspent money to fund their pork projects and social welfare programs to win votes, and to grease the wheels of the Illuminist wars for profit which power the military-industrial complex. This has resulted in massive budgetary current account deficits.

Adding to our woes are the trade deficits, which we have to fund by borrowing from foreign nations, thus increasing our national debt. These trade deficits have been caused by the gutting of our manufacturing sector through free trade, globalization, off-shoring, outsourcing, and both legal and illegal immigration. Illegal currency manipulations by exporting nations like China, Japan, Russia and EU nations have also contributed to the trade imbalance by giving these nations unfair trade advantages via debasement of their currencies, which makes their exports cheaper in our country, and which makes our exports more expensive in their countries. These nations also provide subsidies to their domestic industries, thus decreasing their cost of goods and increasing their bottom lines. All these currency manipulations and subsidies make a mockery out of the concept of free trade. We need fair trade, not free trade.

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And now we have trillions in bailout money being given to the so-called too-big-to-fail banks and transnational conglomerates to make sure that their executives keep getting their salaries, bonuses, dividends, stock options and golden parachutes while we get hyper-inflated into oblivion by throwing good money after bad.
Now mind you, these are the same executives who, on orders from their Illuminist masters, have burned their once prosperous companies to the ground to screw non-insider shareholders and bondholders, to bust unions, to ship our good-paying jobs and our once huge manufacturing infrastructure overseas where they can take advantage of slave labor, to repudiate their obligations under pension plans, to cut off employee benefits, to hamstring our economy, to consolidate with and to eliminate their competition and to ultimately become nationalized by our government to form a fascist police state while we undergo hyper-stagflation, recession and then depression from the deleterious effects of all the bailout money being bandied about like booze at a wild party.

What has happened to our once dynamic auto industry is a perfect example of this intentional waylaying of some of our major corporations in the manufacturing sector while the insolvency of our major investment banks, commercial banks and insurance companies are a perfect example of this procedure in the financial sector. The ultimate objective behind this intentional decimation of our leading companies and destruction of our economy is to bring us to our knees so we will accept a corporatist, fascist, feudal, Orwellian police state in lieu of our Constitutional republic.

Due to all these deficits and psychotic overspending on moronic bailouts, in order to help plug the gaps, our morons and village idiots in Congress invade the Social Security reserves, handing back a worthless IOU that will never be repaid. So they are using current Social Security benefits to fund both current and past deficits in the general budget, thus creating a Ponzi scheme within a Ponzi scheme. They have promised you security in return for the tax contributions they have extorted from you to help fund your retirement and the retirements of others in the system, and have then turned around and spent your hard-earned money on their projects to implement world government, leaving the Social Security fund totally bankrupt. So not only are they robbing Peter to pay Paul, they are using the funds robbed from Peter to pay Judas as well.

Now let’s examine why the Social Security Ponzi scheme is about to unravel. The first reason is the use of Social Security reserves to help fund the general budget, which by and large is used to fund the Illuminist scheme for world government. This money will never be repaid. Where could such gargantuan repayments possibly come from, the printing press? Well, if that’s the plan, get ready for a reenactment of the Weimar Republic, or if you prefer, put on your Mugabe costume and get ready to have a Zimbabwe experience you’ll never forget. This bankrupting of the system has been intentional. The old and poor are now at the mercy of the Illuminati, while the rest of us slave away to keep our heads above water and to keep the Social Security Ponzi system from collapsing and impoverishing our parents.

The next reason is that the Social Security system is not just a pension system; it is an insurance and social welfare system, meaning that benefits are often payable to those who have contributed little or nothing to the system. This is a thinly disguised form of Communism. You are supposed to reap what you sow. They should have had segregated accounts, and let voluntary contributions to charitable organizations, churches and hospitals take care of the poor and the sick as was done in the past. Without taxes dragging us down, we could all take care of the poor quite well, thank you. Instead, we now have an ingrained welfare mentality in a large cross section of our population. Fraud and abuse is out of control.

Another reason is the population control agenda, spearheaded by Planned Parenthood and people like Commie Comrade Obama. Thanks to their efforts, we now have a stagnant population that can no longer keep the Social Security Ponzi scheme going. Soon there will not be enough new participants to contribute sufficient funds to pay current entitlements of the soon-to-retire Baby-Boomers, much less to fund future entitlements as well.

Also, as you might expect, Big Pharma and Big Medicine have gotten their digs in on the huge pot of extorted taxpayer money in the Social Security fund. Doctor, hospital and prescription drug programs are spiraling out of control as healthcare costs push into the ozone. The government is too loose with our money, unlike private insurers, who try to contain costs. Our government is too busy flooding Big Pharma and Big Medicine with tons of cash as payola for the big campaign contributions they make via their powerful lobbies. Many in our government have sat on the boards of Big Pharma companies. And of course, our allopathic system of medicine is not meant to heal people but to treat their symptoms, keeping them alive and very sick so they continue to make office visits and buy tons of drugs which often hurt more than they help, necessitating the need for ever more drugs to fight the side effects. People need to lose weight, get exercise and take supplements. That would solve at least half of all the outstanding medical problems in society today and reduce Social Security medical, hospital and prescription pay-outs by hundreds of billions each year. But of course we couldn’t have that. That would be too easy and make too much sense, and it would drain money away from these allopathic parasites.

We already mentioned the fact that wages have stagnated, not even keeping up with official inflation, and that has put a crimp in the Ponzi scheme by preventing contributions from increasing at a rate faster than the rate at which benefit pay-outs are being increased by COLA adjustments. This is a huge problem.

Last, but not least is the destruction of our economy. Unemployed people contribute little in the way of FICA taxes. And as more and more become unemployed, FICA contributions will diminish at frightening rates. You are about to see one out of every three Americans recently unemployed, unemployed long term and no longer looking for work, or only partly employed in part-time positions. And as businesses go under and their employees hit the unemployment lines, their matching contributions to FICA will diminish as well, giving the Social Security Ponzi fund a double whammy. Just imagine FICA tax contributions being cut by a third from where they are now. The government does not even have enough money to keep Social Security going for more than a few years as it is. What will happen when contributions are cut by a third? We shudder to think.

Based on all the above, all we can say is don’t retire, and buy as much gold and silver as you can afford and lay your hands on after getting out of debt, buying freeze-dried food, purchasing a water filter and obtaining a weapon for self-defense. IS ANYONE AS OUTRAGED AS WE ARE ABOUT THIS SOCIAL SECURITY PONZI SCHEME?! Look at all the hubris about the Madoff scandal, and we have a Ponzi scheme greater by three orders of magnitude that is about to unravel while everyone goes ho-hum. It is nothing less than surreal.

You have to love some of life’s coincidences. It certainly looks like Mr. Madoff had the perfect name, as he “made-off” with everyone’s money. You just can’t make this stuff up.

Schiff: Government Interference Only Makes The Problem Worse

Posted in General, New World Order, News, Truth/Freedom on December 30, 2008 by truthwillrise

 

Paul Joseph Watson
Prison Planet.com
Tuesday, December 30, 2008

Investor Peter Schiff again went to battle with a raft of establishment talking heads on CNBC yesterday who attempted to propagandize for the bailout by pushing the idea that it was necessary and inevitable.

Schiff pointed out that the word “stimulus” was a misnomer because the government has proven itself incapable of stimulating the economy and has only sought to “interfere with the free market’s ability to create legitimate wealth,” a process that would lead to more inflation and more destruction.

When challenged with the notion that stimulus programs ended the Great Depression in the 1930’s, Schiff pointed out that had the market been allowed to run its natural course absent the interference of government or the Federal Reserve, then there never would have been a Great Depression, adding that capitalism had the cure for the disease with which the government has infected the market.

 

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While others on the panel attempted to argue for accepting the “inevitability” of more financial regulation, Schiff urged that such measures be resisted. The other establishment talking heads bizarrely promoted the idea of accepting government mandated measures despite the fact that they have proven to make the problem worse in the past and have done nothing to stimulate the economy over the second half of 2008. This is akin to being in a car hurtling towards a brick wall and not slamming on the breaks but preparing for the “inevitability” of crashing through it.

“The problem was in the 1920’s, the Federal Reserve blew up a stock market bubble, when it burst we needed to have a severe recession but Hoover wouldn’t let that happen, he tried to intervene, he tried to prop up companies, he tried to keep companies from failing, he was the most interventionist president up until that point – he started the Great Depression,” said Schiff, adding that Roosevelt then compounded the problem through the rest of the 30’s.

Schiff predicted that the ultimate bottom for the Dow would mean it was worth just one ounce of gold and that it would hit a low of value between five and seven ounces of gold next year.

“It’s gonna be a huge decline in the price of stocks and a huge rise in the price of gold as well,” said Schiff, adding that the creep away from the dollar would soon turn into a “stampede”.

Watch the clips.