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	<title>The Liberty Tree Lantern &#187; Federal Reserve</title>
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		<title>Critical Vote on Audit the Fed TODAY!</title>
		<link>http://captkarl.blogivists.com/2009/11/19/critical-vote-on-audit-the-fed-today/</link>
		<comments>http://captkarl.blogivists.com/2009/11/19/critical-vote-on-audit-the-fed-today/#comments</comments>
		<pubDate>Thu, 19 Nov 2009 17:20:01 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
				<category><![CDATA[Constitution]]></category>
		<category><![CDATA[Corruption and/or Public Mind Control]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Freedom]]></category>
		<category><![CDATA[Government Corruption]]></category>
		<category><![CDATA[Income Taxes]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Republic]]></category>
		<category><![CDATA[Senate]]></category>
		<category><![CDATA[The Federal Reserve]]></category>
		<category><![CDATA[The Matrix]]></category>
		<category><![CDATA[Trilateral Commission]]></category>
		<category><![CDATA[U.S. Government]]></category>
		<category><![CDATA[congress]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[rights]]></category>
		<category><![CDATA[taxation]]></category>
		<category><![CDATA[audit the Fed]]></category>
		<category><![CDATA[Congressman Paul]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[H.R. 1207]]></category>
		<category><![CDATA[House Financial Services Committee]]></category>
		<category><![CDATA[HR 1207]]></category>
		<category><![CDATA[Mel Watt]]></category>
		<category><![CDATA[Representative Mel Watt]]></category>
		<category><![CDATA[Ron Paul]]></category>
		<category><![CDATA[Ron Paul Amendment]]></category>
		<category><![CDATA[The Fed]]></category>

		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3883</guid>
		<description><![CDATA[It will become much easier for our representatives to claim they still support Audit the Fed on the House floor if the Watt version passes, when, in reality, Representative Watt's amendment puts restrictions on Government Accountability Office audits of the Fed.]]></description>
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<p align="center"><a href="http://paracom.paramountcommunication.com/ct/3617451:5259055823:m:1:175336857:12D57505C1EDCF26E00D65FB7F9436C7" target="&lt;not set&gt;"></a></p>
<p> <br />
Dear C4L (Campaign for Liberty)  Member,</p>
<p>A few weeks ago, we sent out an alert that Representative Mel Watt was attempting to water down H.R. 1207 in the House Financial Services Committee.</p>
<p><strong>The latest reports we have received have informed us that a vote on the Watt amendment could come TODAY!</strong></p>
<p>There’s still time for us to stop this attack on Audit the Fed!  <a href="http://paracom.paramountcommunication.com/ct/3617452:5259055823:m:1:175336857:12D57505C1EDCF26E00D65FB7F9436C7">Click here to get a full list of Financial Services Committee members, along with their contact information</a>.</p>
<p>Financial Services leadership seems determined to include Audit the Fed as part of a regulatory reform package instead of passing it as a standalone bill.</p>
<p>While C4L will still do everything in its power to fight for a standalone vote on Audit the Fed on the House floor, it is critical we challenge Watt&#8217;s amendment in Committee.</p>
<p>It will become much easier for our representatives to claim they still support Audit the Fed on the House floor if the Watt version passes, when, in reality, Representative Watt&#8217;s amendment puts <em>restrictions</em> on Government Accountability Office audits of the Fed.</p>
<p>For example, Watt&#8217;s amendment prevents the GAO from auditing or reviewing decisions to authorize, modify, extend, or terminate loans or liquidity facilities.</p>
<p><strong>Congressman Paul will offer an amendment in Committee restoring an audit of the Fed’s entire $2 trillion balance sheet</strong>, but we have received word that some of the Democrat members may be waffling on their support for his amendment.</p>
<p>Help us turn up the pressure on these members!  Below is the list of Democrats on the committee who have cosponsored H.R. 1207.  <strong>Please call them and urge them to vote &#8220;Yes&#8221; on Ron Paul&#8217;s amendment.</strong>  Click on their names to get their web contact information.</p>
<p>1. <a href="http://paracom.paramountcommunication.com/ct/3617453:5259055823:m:1:175336857:12D57505C1EDCF26E00D65FB7F9436C7">Rep. John Adler</a>, NJ (202) 225-4765</p>
<p>2. <a href="http://paracom.paramountcommunication.com/ct/3617454:5259055823:m:1:175336857:12D57505C1EDCF26E00D65FB7F9436C7">Rep. Travis Childers</a>, MS (202) 225-4306</p>
<p>3. <a href="http://paracom.paramountcommunication.com/ct/3617455:5259055823:m:1:175336857:12D57505C1EDCF26E00D65FB7F9436C7">Rep. Steve Driehaus</a>, OH (202) 225-2216</p>
<p>4. <a href="http://paracom.paramountcommunication.com/ct/3617456:5259055823:m:1:175336857:12D57505C1EDCF26E00D65FB7F9436C7">Rep. Alan Grayson</a>, FL (202) 225-2176</p>
<p>5. <a href="http://paracom.paramountcommunication.com/ct/3617457:5259055823:m:1:175336857:12D57505C1EDCF26E00D65FB7F9436C7">Rep. Rubén Hinojosa</a>, TX (202) 225-2531</p>
<p>6. <a href="http://paracom.paramountcommunication.com/ct/3617458:5259055823:m:1:175336857:12D57505C1EDCF26E00D65FB7F9436C7">Rep. Suzanne Kosmas</a>, FL Toll Free: 1-877-956-7627</p>
<p>7. <a href="http://paracom.paramountcommunication.com/ct/3617459:5259055823:m:1:175336857:12D57505C1EDCF26E00D65FB7F9436C7">Rep. Dan Maffei</a>, NY (202) 225-3701</p>
<p>8. <a href="http://paracom.paramountcommunication.com/ct/3617460:5259055823:m:1:175336857:12D57505C1EDCF26E00D65FB7F9436C7">Rep. Brad Miller</a>, NC (202) 225-3032</p>
<p>9. <a href="http://paracom.paramountcommunication.com/ct/3617461:5259055823:m:1:175336857:12D57505C1EDCF26E00D65FB7F9436C7">Rep. Walt Minnick</a>, ID (202) 225-6611</p>
<p>10. <a href="http://paracom.paramountcommunication.com/ct/3617462:5259055823:m:1:175336857:12D57505C1EDCF26E00D65FB7F9436C7">Rep. Ed Perlmutter</a>, CO (202)-225-2645</p>
<p>11. <a href="http://paracom.paramountcommunication.com/ct/3617463:5259055823:m:1:175336857:12D57505C1EDCF26E00D65FB7F9436C7">Rep. David Scott</a>, GA (202) 225-2939</p>
<p>12. <a href="http://paracom.paramountcommunication.com/ct/3617464:5259055823:m:1:175336857:12D57505C1EDCF26E00D65FB7F9436C7">Rep. Brad Sherman</a>, CA (202) 225-5911</p>
<p>13. <a href="http://paracom.paramountcommunication.com/ct/3617465:5259055823:m:1:175336857:12D57505C1EDCF26E00D65FB7F9436C7">Rep. Jackie Speier</a>, CA (202) 225-3531</p>
<p>When contacting these members, remember that up to this point, they have been allies on this issue.  A civil yet firm tone should be kept during these calls.  They should be thanked for their cosponsorship, told that Mel Watt&#8217;s changes to the bill are unacceptable, and urged to hold the line and honor their promise to support transparency at the Fed by voting &#8220;Yes&#8221; on Ron Paul&#8217;s amendment.</p>
<p>And don’t forget to <a href="http://paracom.paramountcommunication.com/ct/3617452:5259055823:m:1:175336857:12D57505C1EDCF26E00D65FB7F9436C7">click here to get a full list of Financial Services Committee members</a>.</p>
<p>For more information on the Watt amendment, <a href="http://paracom.paramountcommunication.com/ct/3617466:5259055823:m:1:175336857:12D57505C1EDCF26E00D65FB7F9436C7">check out this article</a> by <em>The Huffington Post&#8217;s</em> Ryan Grim.</p>
<p>We are continuing our work to achieve a standalone vote on H.R. 1207 on the House floor, but we must first stop the Watt amendment in the Financial Services Committee.</p>
<p>Make sure the Financial Services Committee members hear from you as soon as their offices open Thursday morning!</p>
<p>A vote could come any time tomorrow.  <strong>Call, email, and fax the Financial Services Committee members to vote “Yes” on Congressman Ron Paul’s amendment.</strong><br />
In Liberty,</p>
<p> </p>
<p>John Tate</p>
<p>President<br />
P.S. <a href="http://paracom.paramountcommunication.com/ct/3617452:5259055823:m:1:175336857:12D57505C1EDCF26E00D65FB7F9436C7">Click here to get a full list of Financial Services Committee members</a>. Urge them to reject the Watt language and to vote for Congressman Paul&#8217;s amendment!</td>
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		<title>Economists Opposing Fed Audit Have Undisclosed Fed Ties</title>
		<link>http://captkarl.blogivists.com/2009/11/19/economists-opposing-fed-audit-have-undisclosed-fed-ties/</link>
		<comments>http://captkarl.blogivists.com/2009/11/19/economists-opposing-fed-audit-have-undisclosed-fed-ties/#comments</comments>
		<pubDate>Thu, 19 Nov 2009 16:52:20 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
				<category><![CDATA[Constitution]]></category>
		<category><![CDATA[Corruption and/or Public Mind Control]]></category>
		<category><![CDATA[Economic Collapse]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Freedom]]></category>
		<category><![CDATA[Government Corruption]]></category>
		<category><![CDATA[Income Taxes]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Lobbyists / Special Interests]]></category>
		<category><![CDATA[NAU]]></category>
		<category><![CDATA[North American Union]]></category>
		<category><![CDATA[Recession / Depression]]></category>
		<category><![CDATA[Republic]]></category>
		<category><![CDATA[Social Security & Medicare]]></category>
		<category><![CDATA[Social Security and Medicare]]></category>
		<category><![CDATA[Stimulus]]></category>
		<category><![CDATA[TARP]]></category>
		<category><![CDATA[The Federal Reserve]]></category>
		<category><![CDATA[The Matrix]]></category>
		<category><![CDATA[Trilateral Commission]]></category>
		<category><![CDATA[U.S. Government]]></category>
		<category><![CDATA[congress]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[rights]]></category>
		<category><![CDATA[stimulus bill]]></category>
		<category><![CDATA[stimulus package]]></category>
		<category><![CDATA[taxation]]></category>
		<category><![CDATA[Alan Grayson]]></category>
		<category><![CDATA[Anil K. Kashyap]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[economists]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Frederic Mishkin]]></category>
		<category><![CDATA[House Financial Services Committee]]></category>
		<category><![CDATA[HR 1207]]></category>
		<category><![CDATA[Mel Watt]]></category>
		<category><![CDATA[Micheal Woodford]]></category>
		<category><![CDATA[Paul-Grayson Bill]]></category>
		<category><![CDATA[Pet Klenow]]></category>
		<category><![CDATA[public debt]]></category>
		<category><![CDATA[Ricardo J. Caballero]]></category>
		<category><![CDATA[Robert Auerbach]]></category>
		<category><![CDATA[Robert Hall]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[The Fed]]></category>
		<category><![CDATA[Thomas Sargent]]></category>
		<category><![CDATA[Watt Amendment]]></category>

		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3878</guid>
		<description><![CDATA[In a letter to the House Financial Services Committee earlier this month, all eight wrote that they support the type of amendment now being introduced by Rep. Mel Watt (D-N.C.). Watt's approach purports to increase Fed transparency while it actually would tighten restrictions on any audits that could go forward.

The letter was sent around Wednesday by Watt's staff to members of the committee in advance of a vote scheduled for Thursday.

Watt's measure is in competition with an amendment cosponsored by Reps. Ron Paul (R-Texas) and Alan Grayson (D-Fla.), which would repeal the restrictions that Watt leaves in place.

But far from a broad cross-section, the "prominent economists" lobbying on behalf of the Watt bill are in fact deeply involved with the Federal Reserve. Seven of the eight are either currently on the Fed's payroll or have been in the past.
]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.huffingtonpost.com/2009/11/18/economists-opposing-fed-a_n_362287.html"></a></p>
<address><a href="http://www.huffingtonpost.com/the-news/reporting/ryan-grim">Ryan Grim</a></address>
<address><a href="mailto:ryan@huffingtonpost.com">ryan@huffingtonpost.com</a> | HuffPost Reporting</address>
<p> </p>
<p>As the debate over an audit of the Federal Reserve intensifies in the House, one camp is <a href="http://big.assets.huffingtonpost.com/EconomistsLetter.pdf">trotting out eight academics </a>that it calls a &#8220;political cross section of prominent economists.&#8221;</p>
<p>A review of their backgrounds shows they are anything but.</p>
<p>In a letter to the House Financial Services Committee earlier this month, all eight wrote that they support the type of amendment<a href="http://www.huffingtonpost.com/2009/11/17/audit-the-fed-effort-unde_n_361389.html"> now being introduced </a>by Rep. Mel Watt (D-N.C.). Watt&#8217;s approach purports to increase Fed transparency while it actually would tighten restrictions on any audits that could go forward.</p>
<div><img src="http://images.huffingtonpost.com/gen/104354/thumbs/s-FED-large.jpg" alt="Fed" /></div>
<p><!-- Subscribe user -->The letter was sent around Wednesday by Watt&#8217;s staff to members of the committee in advance of a vote scheduled for Thursday.</p>
<p>Watt&#8217;s measure is in competition with an amendment cosponsored by Reps. Ron Paul (R-Texas) and Alan Grayson (D-Fla.), which would repeal the restrictions that Watt leaves in place.</p>
<p>But far from a broad cross-section, the &#8220;prominent economists&#8221; lobbying on behalf of the Watt bill are in fact deeply involved with the Federal Reserve. Seven of the eight are either currently on the Fed&#8217;s payroll or have been in the past.</p>
<p>The Fed connections are not outlined in the letter sent around to committee members on Wednesday, but are publicly discernible through a review of their resumes, which are all posted online.</p>
<p>In September, <a href="http://www.huffingtonpost.com/2009/09/07/priceless-how-the-federal_n_278805.html">Huffington Post reported</a> that the Federal Reserve has accomplished a soft form of effective control over the field of monetary economics simply by employing &#8212; and being the means for career advance &#8212; for an overwhelming proportion of the discipline.</p>
<p>Now that the Fed is locked in a legislative battle on the Hill, it can call on those economists to give their &#8220;unvarnished&#8221; opinions to lawmakers.</p>
<p>The connections that the seven economists lobbying Congress have to the Fed are not incidental and four of them maintain current positions.</p>
<p>Let&#8217;s run the traps:</p>
<p>Frederic Mishkin is a former board member, having served from 2006-2008. His career at the Fed stretches back to 1977 and he currently holds two positions: one as a member of the Center for Latin American Economics at the Federal Reserve Bank of Dallas, where he&#8217;s been since 1996; and another as an academic consultant to the Federal Reserve Bank of New York, where he&#8217;s been since 1997.</p>
<p>Anil K. Kashyap is currently a consultant with the Federal Reserve Bank of Chicago, a position he&#8217;s held since 1991. He&#8217;s also on the economic advisory panel of the New York branch and was a consultant there in 2003. He was a visiting scholar at the division of monetary affairs at the Board of Governors of in1994, 2001 and 2005 and at the division of international finance in 1997.</p>
<p>Pete Klenow was a visiting scholar at the Federal Reserve Bank of Minneapolis from 1994-1999, 2003-2004, 2006 and again this year. From 2000-2003 he was also a senior economist at that branch. He&#8217;s currently a visiting scholar at the Federal Reserve Bank of San Francisco, a position he&#8217;s held since 2005. He was a visiting scholar at the Federal Reserve Bank of Kansas City from 2004-2006.</p>
<p>Ricardo J. Caballero was a visiting scholar at Federal Reserve Bank of Boston from 2004-2005 and a visiting scholar at the Federal Reserve Board on multiple occasions.</p>
<p>Robert Hall was a research assistant at the Board of Governors of the Federal Reserve System from 1982-1984 and an economist there from 1988-1991.</p>
<p>Thomas Sargent was an adviser to the Federal Reserve Bank of Minneapolis from 1981 to 1987 and continues to write frequently for Fed-sponsored journals.</p>
<p>Micheal Woodford is currently on the Monetary Policy Advisory Committee of Federal Reserve Bank of New York, a position he&#8217;s held since 2004. He&#8217;s also listed as a consultant to the research department there dating back to 2005. In the past, he&#8217;s been a visiting scholar at the Board of Governors and various regional branches in 1987, 1993-1998 and 2000-present, often at multiple banks in the same year.</p>
<p>Economists with Fed connections strongly reject the notion that being paid by the bank influences their thinking. But Robert Auerbach, who spent years investigating the institution and is the author of <a href="http://www.utexas.edu/utpress/books/auedec.html">&#8220;Deception and Abuse at the Fed&#8221;</a>, says that those economists are simply in denial. &#8220;If you&#8217;re on the Fed payroll there&#8217;s a conflict of interest,&#8221; says Auerbach.</p>
<p>The tie between the economists backing Watt&#8217;s amendment and the Fed doesn&#8217;t by itself mean that it&#8217;s bad policy, but it does make clear which amendment is favored by the Federal Reserve. If there&#8217;s still any doubt, the e-mail from Watt staff notes that former Fed chairs Alan Greenspan and Paul Volcker also support a version of it.</p>
<p>Meanwhile, a broad coalition of liberal organizations is lining up behind the Paul-Grayson amendment, which also has the backing of most Republicans on the committee.</p>
<p>The AFL-CIO and other labor groups, as well as Americans for Financial Reform <a href="http://big.assets.huffingtonpost.com/FedAuditLetter.pdf">signed on to a letter </a>posted Wednesday calling for committee members to back the Paul-Grayson approach.</p>
<p>&#8220;In creating the Federal Reserve nearly 100 years ago, the Congress envisioned a central bank free from political pressure. But the structure that may have once ensured independence now appears to put the Fed much closer to the financial industry than the American people, who deserve to know who the beneficiaries are,&#8221; reads the letter.</p>
<p>The Fed, in other words, is not presently independent of political pressure, but that pressure comes from Wall Street banks rather than from the American people through their elected representatives.</p>
<p>It&#8217;s a distinction that the note from Watt&#8217;s staff on Wednesday subtly acknowledges, by focusing on legislative and executive branch pressure, rather than financial industry influence. The Paul-Grayson amendment, it warns, &#8220;would place the United States well outside of the mainstream of industrialized nations that shield their central banks from political interference by the Legislative and Executive branches of government, with potentially disastrous results to the U.S. economy.&#8221;</p>
<p><span style="color: #0000ff"> </span></p>
<h3><span style="color: #0000ff"><span style="text-decoration: underline">Commentary from The Liberty Tree Lantern:</span></span></h3>
<p><span style="color: #0000ff">C</span><span style="color: #0000ff"><span style="color: #0000ff">apt. Karl</span> is scratching his head on one part of this article.  The President of the AFL-CIO is a member of the private and exclusive club of megalomaniacs, founded by The Federal Reserve “System” called </span><a href="http://www.trilateral.org/"><span style="color: #0000ff">The Trilateral Commission</span></a><span style="color: #0000ff">.  According to their own website their primary directive is to create a One World Government / New World Order.  Such a One World Government would be at the end of the puppet strings of The Federal Reserve cartel of twelve privately owned banks, who created The Trilateral Commission in the first place.  So why is the AFL-CIO bucking the Watt Amendment?  Any comments or info on this readers?   This doesn’t fit any form of logic.  Additionally, as many people know from the 1984 Grace Commission Report, the US Government doesn’t get any income taxes from the American People.  After transfer payments to various Socialist programs, like Social Security and Medicare for example, all income taxes go DIRECTLY to The Federal Reserve “System” for payment on the “Public Debt”.  So EVERY SINGLE PENNY that the US Government spends comes from and is borrowed from The Federal Reserve.  So every single Government program, except a couple of transfer programs, comes from the bottomless money pit at the Federal Reserve, who are the programmers of “The MATRIX” which is our economy based on little pieces of green paper printed out of thin air called FEDERAL RESERVE “NOTES” that our minds have programmed in public schools, the main stream media, The Federal Reserve, and The US Government, to believe are worth 100 cents apiece when in the ‘real’ world, outside of “The MATRIX” which only exists in our minds, they are really only worth 2 – 3 cents now after TARP, Bank and Corporate Bailouts, Stimulus and Socialist spending programs and various Government sanctioned “Ponzi” schemes.  Before this recent accelerated monetary policy programs the Dollar has been worth only 4 cents apiece for decades, even though in our minds we believed that they were worth 100 cents as we have been programmed to believe.  Of course much of the world today is starting to revalue the Dollar to its ‘real’ value of 2 – 3 cents, which will result in “hyperinflation” and, thereby, the total collapse of ‘The MATRIX’ (our economy) that has only existed in our minds for many decades, since fractionalized banking started chipping away from the gold standard and until it completely was eliminated by the US Government, anyway.   The AFL-CIO greatly believes in Socialism and Democracy which is defined as 50% plus one steals the individual rights, liberty, earnings and property, by popular vote and &#8220;mob rule&#8221;  from the remaining population so that by definition “Democracy” is the purest form of Socialism and/or Communism.  The Constitution, in contrast, &#8220;guarantees&#8221; a Republican form of government in<a href="http://www.usconstitution.net/const.html#A4Sec4"> Article 4 Section 4</a>, so as to protect everybody&#8217;s individual unalienable rights, earnings and property from the immoral that would rob and steal and from the mob rule of &#8220;The Masses&#8221;, as Stalin would advocate. </span></p>
<p><span style="color: #0000ff">The AFL-CIO believes in “free stuff” Socialist type programs from the US Government, who gets every single nickel from The FED that they spend.  So the question becomes; Why is the AFL-CIO biting the hand that &#8220;ultimately&#8221; feeds them from a bottomless pit of printed out of thin air money and whose President is a major member of the Trilateral Commission?  Are they coming to the side of Jeffersonian Constitutionalists now?  And, what about this &#8220;broad coalition of liberal organizations that are lining up behind the Paul-Grayson amendment?  Don&#8217;t they understand that ALL GOVERNMENT MONEY comes from THE FEDERAL RESERVE and NOT from income taxes?  Haven&#8217;t they read the Grace Commission Report?  Without THE FED Socialism and Government &#8220;free stuff&#8221; couldn&#8217;t exist.  I don’t get it?  </span></p>
<p><span style="color: #0000ff">Anybody please comment.  If you don&#8217;t see a comment box below, just click on the title of this post and one will be produced below for you.</span></p>
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		<title>Ron Paul: Audit Fed &#8216;gutted&#8217; in committee</title>
		<link>http://captkarl.blogivists.com/2009/11/02/ron-paul-audit-fed-gutted-in-committee/</link>
		<comments>http://captkarl.blogivists.com/2009/11/02/ron-paul-audit-fed-gutted-in-committee/#comments</comments>
		<pubDate>Mon, 02 Nov 2009 18:08:45 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
				<category><![CDATA[Bailouts]]></category>
		<category><![CDATA[Constitution]]></category>
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		<category><![CDATA[Representative Mel Watt]]></category>
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		<category><![CDATA[The Fed]]></category>

		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3715</guid>
		<description><![CDATA[In fact, of $609,072 given to Watt, $217,109 – or 35.6 percent – came from the money sector, including over $187,000 – or nearly 31 percent of his total contributions – from political action committees within the finance , insurance and real estate industry. The next highest industry supporting Watt was labor, which contributed only 14 percent of his total war chest.]]></description>
			<content:encoded><![CDATA[<h2>Bank-connected congressman blamed for undermining bill</h2>
<hr size="1" />Posted: October 31, 2009<br />
6:15 pm Eastern</p>
<p>By Drew Zahn<br />
© 2009 WorldNetDaily</p>
<div class="wp-caption alignright" style="width: 201px"><img style="border: 0px" src="http://www.wnd.com/images/misc/paulmedium.jpg" border="0" alt="U.S. Rep. Ron Paul, R-Texas" width="191" height="230" /><p class="wp-caption-text">U.S. Rep. Ron Paul, R-Texas</p></div>
<p><span><br />
</span>Rep. Ron Paul, R-Texas, has complained that the bill he sponsored calling for an audit of the Federal Reserve has been &#8220;gutted&#8221; by congressional committee, pointing specifically to a legislator whose campaign coffers have been boosted by the banking <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624" target="_top">industry</a>.</p>
<p><a href="http://www.worldnetdaily.com/index.php?fa=PAGE.view&amp;pageId=90608">As WND reported</a>, Paul sponsored <a href="http://thomas.loc.gov/cgi-bin/bdquery/z?d111:h1207:">H.R. 1207</a>, a bill requiring the Federal Reserve – an organization that&#8217;s independent from the U.S. government but nonetheless oversees U.S. monetary policy – be opened to oversight by Congress. <a href="http://www.worldnetdaily.com/index.php?fa=PAGE.view&amp;pageId=111812">The plan compiled over 300 co-sponsors in the House</a> before being sent to committee.</p>
<p>But in a telephone interview with a Bloomberg reporter, Paul said the teeth have been ripped out of the bill.</p>
<p>&#8220;There&#8217;s nothing left; it&#8217;s been gutted,&#8221; Paul said. &#8220;This is not a partisan issue. People all over the country want to know what the Fed is up to, and this legislation was supposed to help them do that.&#8221;</p>
<p>Paul told Bloomberg the bill has been stripped of provisions that closed loopholes protecting the Fed, including exemption from audits of transactions with foreign central banks and protected <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624" target="_top">communications </a>between the Board, reserve banks and staff.</p>
<p> <em><a href="http://www.wnd.com/petition_fed">Demand the money managers come clean by signing the petition in support of an audit of the Federal Reserve now!</a></em></p>
<p>Paul blamed the chairman of the <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624" target="_top">House </a>Financial Service Committee&#8217;s panel on domestic monetary policy, <a href="http://watt.house.gov/contactinfo.asp">Rep. Mel Watt</a>, D-N.C., for eliminating &#8220;just about everything&#8221; in preparation for the bill&#8217;s consideration on the floor of the House.</p>
<p> Watt, is has also been revealed, has significant connections to the banking industry.</p>
<p>It its report, Bloomberg mentioned that Watt&#8217;s congressional district includes Charlotte, headquarters of Bank of America Corp., the biggest U.S. lender.</p>
<p>Further investigation through <a href="http://www.opensecrets.org/politicians/summary.php?cycle=2008&amp;cid=N00002328&amp;type=I">OpenSecrets.org</a> reveals that the largest share of Watt&#8217;s campaign contributions in the 2008 election cycle came from the finance, <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624" target="_top">insurance</a> and real estate industries.</p>
<p style="text-align: center"><img class="aligncenter" style="border: 0px" src="http://www.wnd.com/images/091031wattcontributors.jpg" border="0" alt="" width="534" height="279" /><br />
<span>Breakdown of <a id="KonaLink4" href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624#" target="_top"><span style="color: blue !important;font-size: xx-small;font-weight: 400"><span>industries</span></span></a> supporting Rep. Mel Watt&#8217;s 2008 campaign (graph from <a href="http://www.opensecrets.org/politicians/summary.php?cycle=2008&amp;cid=N00002328&amp;type=I">OpenSecrets.org</a>)</span></p>
<p style="text-align: left">In fact, of $609,072 given to Watt, $217,109 – or 35.6 percent – came from the money sector, including over $187,000 – or nearly 31 percent of his total contributions – from political action committees within the <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624" target="_top">finance </a>, insurance and real estate industry. The next highest industry supporting Watt was labor, which contributed only 14 percent of his total war chest.</p>
<p>Furthermore, the four largest contributors to Watt&#8217;s cause were Bank of America, Wachovia Corp., American Express and the American Bankers Association.</p>
<p>Keith Kelly, a spokesman for Watt, declined to comment and told Bloomberg Watt wasn&#8217;t immediately available for an interview.</p>
<p>Paul, however, told Bloomberg he intends to introduce an amendment that would restore the bill&#8217;s legislation to its original language when it comes to the House floor for a vote.</p>
<p>Paul long has been a critic of the secrecy of the Federal Reserve.</p>
<p>&#8220;Throughout its nearly 100-year history, the Federal Reserve has presided over the near-complete destruction of the United States dollar,&#8221; he said earlier. &#8220;Since 1913, the dollar has lost over 95 percent of its purchasing power, aided and abetted by the Federal Reserve&#8217;s loose monetary policy.&#8221;</p>
<p><em><a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=20&amp;ITEM_ID=2691">You&#8217;ve never needed to understand money like you need to understand it now! &#8220;Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free&#8221; unravels the deception of the Federal Reserve and presents a crystal clear picture of the financial abyss towards which we are heading.</a></em></p>
<p>&#8220;Since its inception, the Federal Reserve has always operated in the shadows, without sufficient scrutiny or oversight of its <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624" target="_top">operations</a>,&#8221; Paul said when the plan to audit the Fed was introduced. &#8220;While the conventional excuse is that this is intended to reduce the Fed&#8217;s susceptibility to political pressures, the reality is that the Fed acts as a foil for the government. Whenever you question the Fed about the strength of the dollar, they will refer you to the Treasury, and vice versa. The Federal Reserve has, on the one hand, many of the privileges of government agencies, while retaining benefits of private organizations, such as being insulated from Freedom of Information Act requests.&#8221;</p>
<p><em><a href="http://shop.wnd.com/store/item.asp?ITEM_ID=3271">Ron Paul&#8217;s &#8216;End the Fed&#8217;: What we need to do to fix America&#8217;s economic policy for future generations</a></em></p>
<p>Paul has warned, &#8220;The Federal Reserve can enter into agreements with foreign central banks and foreign governments, and the GAO is prohibited from <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624" target="_top">auditing</a> or even seeing these agreements. Why should a government-established agency, whose police force has federal <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624" target="_top">law enforcement</a> powers, and whose notes have legal tender status in this country, be allowed to enter into agreements with foreign powers and foreign banking institutions with no oversight? Particularly when hundreds of billions of dollars of currency swaps have been announced and implemented, the Fed&#8217;s negotiations with the European Central Bank, the Bank of International Settlements, and other institutions should face increased scrutiny, most especially because of their significant effect on foreign policy. If the State Department were able to do this, it would be characterized as a rogue agency and brought to heel, and if a private individual did this he might face prosecution under the Logan Act, yet the Fed avoids both fates.&#8221;</p>
<p><a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=108262">WND previously reported that the Fed,</a> despite being ordered to disclose to whom it awarded some $2 trillion in discount &#8220;stimulus&#8221; <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624" target="_top">loans</a>, continues its fight for secrecy.</p>
<hr size="1" /><strong>Related offers:</strong></p>
<p><a href="http://www.wnd.com/petition_fed">Sign the petition in support of an audit of the Federal Reserve now!</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?ITEM_ID=3271">Ron Paul&#8217;s &#8216;End the Fed&#8217;: What we need to do to fix America&#8217;s economic policy for future generations</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=206&amp;ITEM_ID=1882">&#8220;The Creature from Jekyll Island: A Second Look at the Federal Reserve&#8221;</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?ITEM_ID=1889">&#8220;The Fed: Fraud of the Century&#8221; – Unconstitutional cartel literally creates problems it was supposed to prevent</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=20&amp;ITEM_ID=2691">&#8220;Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free&#8221;</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=20&amp;ITEM_ID=2646">&#8220;$700 Billion Bailout&#8221;: What it means to you, your money, your mortgage and your taxes</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=20&amp;ITEM_ID=2648">&#8220;Bailout: What the Rescue of Bear Stearns and the Credit Crisis Mean for Your Investments&#8221;</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=206&amp;ITEM_ID=2677">&#8220;Bailout Nation: How Easy Money Corrupted Wall Street and Shook the World Economy&#8221;</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=20&amp;ITEM_ID=2644">&#8220;Chain of Blame: How Wall Street Caused the Mortgage and Credit Crisis&#8221;</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=21&amp;ITEM_ID=40">&#8220;Hope of the Wicked: Master Plan to Rule the World&#8221; (book)</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=20&amp;ITEM_ID=2651">&#8220;Financial Armageddon: Protect Your Future from Economic Collapse&#8221;</a></p>
<p><a href="http://wnd.com/index.php?fa=PAGE.view&amp;pageId=77483">Stop the bailout! Magnetic bumper sticker</a></p>
<p><a href="http://wnd.com/index.php?fa=PAGE.view&amp;pageId=80245">Surviving economic meltdown in the age of Obama</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?ITEM_ID=1755">Get &#8220;Taking America Back,&#8221; Joseph Farah&#8217;s manifesto for sovereignty, self-reliance and moral renewal</a></p>
]]></content:encoded>
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		<title>Are You &#8220;Fed Up&#8221; Yet?  Help Us Audit &#8220;The Fed&#8221;!</title>
		<link>http://captkarl.blogivists.com/2009/10/29/are-you-fed-up-yet-help-us-audit-the-fed/</link>
		<comments>http://captkarl.blogivists.com/2009/10/29/are-you-fed-up-yet-help-us-audit-the-fed/#comments</comments>
		<pubDate>Thu, 29 Oct 2009 18:07:35 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
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		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3680</guid>
		<description><![CDATA[It's time you and I put a stop to a renegade Federal Reserve by exposing the Fed's out of control actions to the American people.  And Congressman Ron Paul and Senator Jim DeMint have a bill before Congress to do just that, known as the "Audit the Fed" Bill (HR 1207 and S 604). 
]]></description>
			<content:encoded><![CDATA[<p>Dear Friend of Liberty,</p>
<p>Trillions of dollars are being stolen from the U.S. taxpayer.</p>
<p><span style="text-decoration: underline">Right now, you and I are seeing the worst plundering of a country&#8217;s wealth in the history of civilization, led by an out of control Federal Reserve</span>.</p>
<p>But together you and I CAN put a stop to it all.</p>
<p>With your help (including submitting the petition linked below to your Congressman and Senators) today, Representative Ron Paul, Senator Jim DeMint and Campaign for Liberty are ready to fight back, by taking the battle straight to the heart of the problem &#8211; the Federal Reserve itself.</p>
<p><span style="text-decoration: underline">Just think about the scope of the problem for a minute: The massive, outrageous amount of dollars committed to the economic bailouts in recent months totals</span>:</p>
<p>More than the socialist New Deal &#8230; More than the entire Iraq debacle &#8230; More than the 1980&#8217;s savings and loan mess &#8230; More than the Korean War &#8230;</p>
<p>COMBINED.</p>
<p>When will it all end?</p>
<p>It&#8217;s time you and I put a stop to a renegade Federal Reserve by exposing the Fed&#8217;s out of control actions to the American people.  And Congressman Ron Paul and Senator Jim DeMint have a bill before Congress to do just that, known as the &#8220;Audit the Fed&#8221; Bill (HR 1207 and S 604).</p>
<p><span style="text-decoration: underline"><a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE">That&#8217;s why it&#8217;s vital you click here to submit your &#8220;Audit the Fed&#8221; petition in support of Congressman Paul&#8217;s bill</a></span>.</p>
<p align="center"><a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE"></a></p>
<p>You see, Audit the Fed already has almost 300 cosponsors!</p>
<p>Now is the time to make sure your Congressman and Senators feel the heat to support the Audit the Fed bill!</p>
<p>If you and I don&#8217;t act today, I&#8217;m afraid this crisis will end with the economic ruin of every man, woman and child in America.</p>
<p><span style="text-decoration: underline">Today, nearly 13 TRILLION in taxpayer dollars in bailouts and loans has been agreed to by Congress, the Bush and Obama Treasury Departments, and the out of control Fed</span>.</p>
<p>So is it really any wonder more and more folks are starting to realize the Washington, D.C. establishment is hurtling us toward complete economic disaster?</p>
<p><span style="text-decoration: underline">Whether it&#8217;s watching a phony &#8220;stimulus&#8221; package get rammed into law or watching Congress pass a $700 BILLION bank &#8220;bailout&#8221; under threat of martial law, the American people are agitated and increasingly angry</span>.</p>
<p>That means it&#8217;s a perfect time to unleash the pressure of MILLIONS of outraged Americans on the out of control Fed!</p>
<p><a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE">So please click here to sign the petition linked below urging your Congressman and Senators to cosponsor and seek roll call votes to pass the Audit the Fed Bill</a>!</p>
<p align="center"><a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE"></a></p>
<p>As I know you&#8217;re aware, the Federal Reserve is shrouded in secrecy.  Their meetings are off-limits to the public.  Their inner workings are off-limits to the public.</p>
<p><span style="text-decoration: underline">And just recently, the Federal Reserve told Congress &#8220;NO WAY&#8221; when asked to account for $2 TRILLION in taxpayer-backed loans</span>!</p>
<p>Well, why do you think they refused?</p>
<p><span style="text-decoration: underline">They know coming clean with Congress and the American people on how they doled out that two TRILLION dollars would result in an anti-Fed firestorm</span>.</p>
<p>So can you imagine the impact of a full-scale audit? You and I will finally be able to show the American people that the Federal Reserve System leads to:</p>
<p>*** <span style="text-decoration: underline">Constant economic crises</span> &#8212; the housing crisis and the resulting chaos is just one example of an economic bubble created by centrally-planned interest rates and money manipulation;</p>
<p>*** <span style="text-decoration: underline">The destruction of the middle class</span> &#8212; as fuel, food, housing, medical care and education costs soar, everyone who is NOT on the government dole is forced to make do with less as the value of their money slowly decreases;</p>
<p>*** <span style="text-decoration: underline">Currency destruction</span> &#8212; history shows us that riots, violence and full-scale police states can result when people finally realize our money isn&#8217;t worth the paper it&#8217;s printed on and REFUSE to accept it.</p>
<p>And unless you and I do end the madness in Washington, D.C., we may be closer than we&#8217;d like to think to learning that history lesson firsthand &#8212; right here in our own streets.</p>
<p><span style="text-decoration: underline"><a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE">That&#8217;s why your commitment to helping pass the Audit the Fed Bill &#8212; and helping Campaign for Liberty fight this battle &#8212; is so vital</a></span>.</p>
<p align="center"><a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE"></a></p>
<p>Just a few months ago, there was no chance of passing any legislation like the Audit the Fed Bill.  So I guess there has been one &#8220;CHANGE.&#8221;</p>
<p>You see, with the piling up of trillions of dollars in out of control &#8220;bailouts&#8221; of Wall Street and international bankers, even many politicians in Washington want to show you they&#8217;re &#8220;being responsible.&#8221;</p>
<p><span style="text-decoration: underline">What better way for Congress to do this than by auditing the Federal Reserve to account for the trillions stolen from the U.S. taxpayers</span>?</p>
<p>More and more Congressmen are already feeling the pressure and are signing up to support this bill.  I&#8217;ve even received word this bill could move in the next few weeks in the U.S. House.</p>
<p>When that happens, you and I must be ready to fight.</p>
<p><span style="text-decoration: underline">And, it&#8217;s both a bill we CAN pass, and one that is vital to exposing the massive corruption and dollar manipulation at the Federal Reserve</span>.</p>
<p>You see, after regulating, taxing, spending, borrowing and printing us into what looks like the worst recession in decades, establishment politicians and power brokers are assuring us they&#8217;re working hard to &#8220;fix&#8221; our economic woes.  What is their solution?  You guessed it.  More of the same!</p>
<p>And even if the Audit the Fed Bill is defeated this time, just forcing a vote is a win/win situation.</p>
<p>Can you imagine how many politicians will pay the price at the ballot box in 2010 when you and I tell the American people their Congressman somehow lost trillions of taxpayer dollars and refused to even LOOK for it?</p>
<p align="center"><a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE"></a></p>
<p>Now we just need to show Congress the American people demand action on the Audit the Fed Bill.  Here&#8217;s how we plan to do that.</p>
<p><span style="text-decoration: underline">First, we&#8217;re already busy contacting up to five million activists nationwide through mail, phones and email to generate petitions to the U.S. Congress demanding action on Ron Paul&#8217;s Audit the Fed Bill</span>.</p>
<p>But that&#8217;s just the beginning.  We&#8217;ll work the talk radio stations and grant local media interviews to ratchet up the pressure even further on Congress.</p>
<p>And a few days before the vote, if we have the resources, we&#8217;d also like to run hard-hitting targeted radio, TV and newspaper ads.</p>
<p><span style="text-decoration: underline">This entire program is designed to send this one, CLEAR message to Congress: Any politician who votes against the Federal Reserve Audit should look for another job</span>.</p>
<p>But such a massive effort won&#8217;t be easy &#8212; or cheap.</p>
<p>So in addition to submitting your petition, I also hope you&#8217;ll agree to make a contribution of $1000, $500, $250, or $100 to Campaign for Liberty.</p>
<p>If $100 is too much to ask right now, please make a contribution of $50 or even $25 today.  Every dollar will help, and every dollar will go to this vital fight.</p>
<p align="center"><a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE"></a></p>
<p><span style="text-decoration: underline">I know times are hard, but if we don&#8217;t take action, the America we see in just a few years could look far worse than even the one we see today</span>.</p>
<p>Can I count on you to join the fight to AUDIT THE FED by <a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE">clicking here to sign the petition</a>, and by making a generous contribution of $1000, $500, $250, $100, $50 &#8212; or whatever you can afford &#8212; to Ron Paul&#8217;s Campaign for Liberty?</p>
<p>Sincerely,</p>
<p>John F. Tate<br />
President</p>
<p>P.S. Please submit the petition urging your Congressman and Senators to cosponsor and seek roll call votes on Rep. Ron Paul&#8217;s Audit the Fed Bill TODAY!</p>
<p align="center"><a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE"></a></p>
<p>With Congress spending like never before, and TRILLIONS of new dollars being created out of thin air, it&#8217;s never been more important the Federal Reserve&#8217;s abuses are exposed to the American people once and for all. And, along with submitting your petition, please make a contribution of $1000, $500, $250, $100, or $50 to Campaign for Liberty TODAY!</p>
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		<title>Montana jail deal with mysterious American Police Force unravels</title>
		<link>http://captkarl.blogivists.com/2009/10/07/mont-jail-deal-with-mysterious-american-police-force-unravels/</link>
		<comments>http://captkarl.blogivists.com/2009/10/07/mont-jail-deal-with-mysterious-american-police-force-unravels/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 15:30:15 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
				<category><![CDATA[Constitution]]></category>
		<category><![CDATA[Corruption and/or Public Mind Control]]></category>
		<category><![CDATA[Economic Collapse]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Freedom]]></category>
		<category><![CDATA[Government Corruption]]></category>
		<category><![CDATA[Income Taxes]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Public Concerns]]></category>
		<category><![CDATA[Recession / Depression]]></category>
		<category><![CDATA[Republic]]></category>
		<category><![CDATA[The Federal Reserve]]></category>
		<category><![CDATA[The Matrix]]></category>
		<category><![CDATA[Trilateral Commission]]></category>
		<category><![CDATA[U.S. Government]]></category>
		<category><![CDATA[congress]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[rights]]></category>
		<category><![CDATA[taxation]]></category>
		<category><![CDATA[American Police Force]]></category>
		<category><![CDATA[American Private Police Force]]></category>
		<category><![CDATA[Civilian Defense Force]]></category>
		<category><![CDATA[corruption]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Greg Smith]]></category>
		<category><![CDATA[Hardin]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[Medicare]]></category>
		<category><![CDATA[Michael Hilton]]></category>
		<category><![CDATA[middle class]]></category>
		<category><![CDATA[middle class tax increase]]></category>
		<category><![CDATA[Montana]]></category>
		<category><![CDATA[National Defense Force]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Police Department]]></category>
		<category><![CDATA[Social Security]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[tax increases]]></category>
		<category><![CDATA[The Fed]]></category>
		<category><![CDATA[Two Rivers Authority]]></category>

		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3483</guid>
		<description><![CDATA[Equally interesting, no one seemed to be able to say what the company would be doing at the jail or, where it would get prisoners to fill it. All of which was enough to prod the Montana attorney general to begin looking into the deal.]]></description>
			<content:encoded><![CDATA[<p> </p>
<div class="wp-caption alignright" style="width: 304px"><img src="http://blogs.usatoday.com/.a/6a00d83451b46269e20120a5c3b0b0970b-pi" alt="" width="294" height="310" /><p class="wp-caption-text">Michael Hilton of American Police Force</p></div>
<p>We have been watching with fascination the story out of Montana about a mysterious security company called American Police Force that was slated to take over operation of a never-used jail in the town of Hardin.</p>
<p>Click <a href="http://blogs.usatoday.com/ondeadline/2009/10/mysterious-security-group-in-montana-tweaks-its-name-.html" target="_blank">here</a> for links to earlier stories.</p>
<p>Earlier postings noted some of the twists and turns, including word that one of the front men for the APF, Michael Hilton, had a criminal record in California, that the company had changed its name to American Private Police Force, that one company SUV showed up bearing a decal that said &#8220;City of Hardin Police Department. &#8221;</p>
<p>Equally interesting, no one seemed to be able to say what the company would be doing at the jail or, where it would get prisoners to fill it. All of which was enough to prod the Montana attorney general to begin looking into the deal.</p>
<p>Now it appears that the whole thing is unraveling. Greg Smith, the executive director of Two Rivers Authority, the Hardin economic development arm that signed the original deal, has now resigned reports the <a href="http://www.billingsgazette.com/news/state-and-regional/montana/article_14ab8848-b23c-11de-9b7f-001cc4c03286.html" target="_blank"><em>Billings Gazette</em></a>. No reason was given for his departure. The TRA lawyer who structured the deal is also being replaced.<br />
 <br />
&#8220;We won&#8217;t move forward,&#8221; says Gary Arneson, president of the TRA, which owns the jail. &#8220;I don&#8217;t think any of us want to be on the chopping block.&#8221;</p>
<p>In another twist, the AP <a href="http://www.google.com/hostednews/ap/article/ALeqM5ifOx0LPKy5B_0KAyPHyNTEqdQz6QD9B59NN80" target="_blank">reports</a> that an international security executive that local officials were told would run the jail, says that&#8217;s not true, that he only had cursory conversations with Hilton about the position.</p>
<p>As for Hilton, the the <em>San Jose Mercury News</em> <a href="http://www.mercurynews.com/news/ci_13490833" target="_blank">reports</a> that a California judge has ordered him to appear in court later this month over an outstanding judgment in a fraud lawsuit. Stay tuned.</p>
<p><em>(Photo by Matthew Brown, AP)</em></p>
<p><em><span style="color: #0000ff">The Liberty Tree Lantern asks, who hired and who is paying this &#8220;American Police Force&#8221; and for what purpose?  Is this just the start of a program that is totally sponsored by the U.S. Government?   WHOSE IDEA WAS IT to hire these professionally trained mercenaries and give them a huge jail?  Perhaps the IRS AGENTS of &#8220;The MATRIX&#8221;, so that We The People are better forced to comply with the hugely massive increase in taxes will hit the middle class blue collar working men and women after the next election, incrementally rising to 80% of earnings, just to pay for the Social Security and Medicare anti-Constitutional Socialist programs ALONE which are hand to mouth UNFUNDED Liabilities amounting to $99 TRILLION DOLLARS over the infinite horizon?  Where d0 you think they are going to get that money from people?  </span></em></p>
<h2><span style="color: #800000">WAKE  UP AND  SMELL THE   <span style="color: #339966">green </span>&#8220;hybrid&#8221; of  SOCIALISM,  COMMUNISM,  AND   FASCISIM  people!  <span style="color: #000000">How long are you going to take living on only 20% of your earnings?  You better think about that, because in less than two years that will be the reality, unless you decide to talk about these things with your neighbors, friends, family, relatives and whenever you venture out of your home with everyone you meet.  <span style="color: #0000ff">And learn what the Declaration of Independence and The Constitution of the United (but independent and sovereign) States of America says.</span></span></span></h2>
<p><span style="color: #800000"><span style="color: #000000"><span style="color: #0000ff">Do you suppose that this American Police Force of professional highly trained mercenaries might be the ones who train our 18 &#8211; 25 year old children conscripts who are soon being compelled by the U.S. Government to join the <a title="Permanent Link to Civilian National Security Force" rel="bookmark" href="http://captkarl.blogivists.com/2009/08/28/civilian-national-security-force/">Civilian National Security Force</a>?  You children, after and with continued indoctrination of &#8220;green&#8221; Socialist, Communist, Fascist, multicultural, politically correct Obamasonian ways may well find themselves going to Fort Hardin for training one of these days in the very near future.  How else will our Government and the IRS be able to collect this level of income and other taxes on the average common American and keep us under CONTROL?</span></span></span></p>
<p><span style="color: #800000"><span style="color: #000000"><span style="color: #0000ff">If you are just beginning to wake up with regards to all of this I would highly recommend that you start learning about all of these things that are directly impacting your life, employment, and personal financial affairs by reading all of the articles on this blog.  If you are just beginning to realize the seriousness of what is happening, you have a lot of catching up to do.  I have been researching these things and the associated economics resultant from incremental Constitutional contempt by both houses of the U.S. Congress, several Administrations and even the Judicial branch, of both political parties, of the U.S. Government, that has been occurring since 1913, for about 26 years now.  These tyrants and scofflaws have really put us in a bind.  But, there is a solution.  Unfortunately the medicine is going to be very bitter and result in about five years of financial horror because we MUST allow The MATRIX, our economy that only exists in our minds our prison formed by The Federal Reserve and our U.S. Government, so that we can be truly free and thereby rebuild our economy through hard work using real AMERICAN money, gold and silver coin as per the LAW in The Constitution under <a href="http://www.usconstitution.net/const.html#A1Sec8">Article 1 Section 8</a>, and not FEDERAL RESERVE &#8220;NOTES&#8221;.</span></span></span></p>
<p><span style="color: #800000"><span style="color: #000000"><span style="color: #0000ff">Perhaps the APPF is just a screwup by a con-man?</span></span></span></p>
<p><span style="color: #800000"><span style="color: #000000"><span style="color: #0000ff"><object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/sXiyxZ9Htxg&#038;fs=1" /><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><embed src="http://www.youtube.com/v/sXiyxZ9Htxg&#038;fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object></span></span></span></p>
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		<item>
		<title>OWNERSHIP OF THE FEDERAL RESERVE</title>
		<link>http://captkarl.blogivists.com/2009/10/07/ownership-of-the-federal-reserve/</link>
		<comments>http://captkarl.blogivists.com/2009/10/07/ownership-of-the-federal-reserve/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 14:14:04 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
				<category><![CDATA[The Federal Reserve]]></category>
		<category><![CDATA[The Matrix]]></category>
		<category><![CDATA[Trilateral Commission]]></category>
		<category><![CDATA[U.S. Government]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Owners of The Federal Reserve]]></category>
		<category><![CDATA[The Fed]]></category>

		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3478</guid>
		<description><![CDATA[Most Americans, if they know anything at all about the Federal Reserve, believe it is an agency of the United States Government. This article charts the true nature of the "National Bank."]]></description>
			<content:encoded><![CDATA[<p>Most Americans, if they know anything at all about the Federal Reserve, believe it is an agency of the United States Government. This article charts the true nature of the &#8220;National Bank.&#8221;</p>
<h3><span style="text-decoration: underline">Chart 1</span></h3>
<p><span>Source: ** Federal Reserve Directors: A Study of Corporate and Banking Influence ** &#8211; - Published 1976</span></p>
<p>Chart 1 reveals the linear connection between the <strong>Rothschilds</strong> and the <strong>Bank of England</strong>, and the London banking houses which ultimately control the Federal Reserve Banks through their stockholdings of bank stock and their subsidiary firms in New York. The two principal Rothschild representatives in New York, <strong>J. P. Morgan Co.</strong>, and <strong>Kuhn, Loeb &amp; Co.</strong> were the firms which set up the <span style="text-decoration: underline">Jekyll Island Conference</span> at which the <span style="text-decoration: underline">Federal Reserve Act</span> was drafted, who directed the subsequent successful campaign to have the plan enacted into law by Congress, and who purchased the controlling amounts of stock in the Federal Reserve Bank of New York in 1914. These firms had their principal officers appointed to the Federal Reserve Board of Governors and the Federal Advisory Council in 1914. In 1914 a few families (blood or business related) owning controlling stock in existing banks (such as in New York City) caused those banks to purchase controlling shares in the Federal Reserve regional banks. Examination of the charts and text in the House Banking Committee Staff Report of August, 1976 and the current stockholders list of the 12 regional Federal Reserve Banks show this same family control.</p>
<pre>                                N.M. Rothschild , London - Bank of England
                                 ______________________________________
                                |                                     |
                                |                           J. Henry Schroder
                                |                             Banking | Corp.
                                |                                     |
                          Brown, Shipley - Morgan Grenfell - Lazard - |
                           &amp; Company        &amp; Company       Brothers  |
                                |               |              |      |
            --------------------|        -------|              |      |
            |                   |        |      |              |      |
 Alex Brown - Brown Bros. - Lord Mantagu - Morgan et Cie -- Lazard ---|
 &amp; Son      |  Harriman       Norman     |    Paris          Bros     |
            |                   |        /      |            N.Y.     |
            |                   |       |       |              |      |
            |            Governor, Bank | J.P. Morgan Co -- Lazard ---|
            |            of England    /  N.Y. Morgan       Freres    |
            |            1924-1938    /   Guaranty Co.      Paris     |
            |                        /    Morgan Stanley Co.  |      /
            |                       /           |              \Schroder Bank
            |                      /            |              Hamburg/Berlin
            |                     /      Drexel &amp; Company         /
            |                    /       Philadelphia            /
            |                   /                               /
            |                  /                           Lord Airlie
            |                 /                               /
            |                /     M. M. Warburg       Chmn J. Henry Schroder
            |                |      Hamburg ---------  marr. Virginia F. Ryan
            |                |         |               grand-daughter of Otto
            |                |         |                Kahn of Kuhn Loeb Co.
            |                |         |
            |                |         |
Lehman Brothers N.Y -------------- Kuhn Loeb Co. N. Y.
            |                |     --------------------------
            |                |       |                      |
            |                |       |                      |
Lehman Brothers - Mont. Alabama   Solomon Loeb           Abraham Kuhn
            |                |     __|______________________|_________
Lehman-Stern, New Orleans   Jacob Schiff/Theresa Loeb  Nina Loeb/Paul Warburg
- -------------------------    |       |                      |
             |               | Mortimer Schiff        James Paul Warburg
_____________|_______________/       |
|            |          |   |        |
Mayer Lehman |     Emmanuel Lehman    \
|            |          |              \
Herbert Lehman     Irving Lehman        \
|            |          |                \
Arthur Lehman \    Phillip Lehman     John Schiff/Edith Brevoort Baker
              /         |             Present Chairman Lehman Bros
             /  Robert Owen Lehman    Kuhn Loeb - Granddaughter of
            /           |             George F. Baker
           |           /               |
           |          /                |
           |         /           Lehman Bros Kuhn Loeb (1980)
           |        /                  |
           |       /             Thomas Fortune Ryan
           |      |                    |
           |      |                    |
      Federal Reserve Bank Of New York |
           ||||||||                    |
  ______National City Bank N. Y.       |
  |        |                           |
  |   National Bank of Commerce N.Y ---|
  |        |                            \
  |   Hanover National Bank N.Y.         \
  |        |                              \
  |   Chase National Bank N.Y.             \
  |                                        |
  |                                        |
Shareholders - National City Bank - N.Y.   |
- -----------------------------------------  |
  |                                        /
James Stillman                            /
Elsie m. William Rockefeller             /
Isabel m.  Percy Rockefeller            /
William Rockefeller          Shareholders - National Bank of Commerce N. Y.
J. P. Morgan                 -----------------------------------------------
M.T. Pyne                    Equitable Life - J.P. Morgan
Percy Pyne                   Mutual Life - J.P. Morgan
J.W. Sterling                H.P. Davison - J. P. Morgan
NY Trust/NY Edison           Mary W. Harriman
Shearman &amp; Sterling          A.D. Jiullard - North British Merc. Insurance
|                            Jacob Schiff
|                            Thomas F. Ryan
|                            Paul Warburg
|                            Levi P. Morton - Guaranty Trust - J. P. Morgan
|
|
Shareholders - First National Bank of N.Y.
- -------------------------------------------
J.P. Morgan
George F. Baker
George F. Baker Jr.
Edith Brevoort Baker
US Congress - 1946-64
|
|
|
|
|
Shareholders - Hanover National Bank N.Y.
- ------------------------------------------
James Stillman
William Rockefeller
|
|
|
|
|
Shareholders - Chase National Bank N.Y.
- ---------------------------------------
George F. Baker</pre>
<hr />
<h3><span style="text-decoration: underline">Chart 2</span></h3>
<p><span>Source: ** Federal Reserve Directors: A Study of Corporate and Banking Influence ** &#8211; - Published 1983</span></p>
<p>The <strong>J. Henry Schroder Banking Company chart</strong> encompasses the entire history of the twentieth century, embracing as it does the program (Belgium Relief Commission) which provisioned Germany from 1915-1918 and dissuaded Germany from seeking peace in 1916; financing Hitler in 1933 so as to make a Second World War possible; backing the Presidential campaign of Herbert Hoover ; and even at the present time, having two of its major executives of its subsidiary firm, Bechtel Corporation serving as Secretary of Defense and Secretary of State in the Reagan Administration.</p>
<p>The head of the Bank of England since 1973, <strong>Sir Gordon Richardson</strong>, Governor of the Bank of England (controlled by the House of Rothschild) was chairman of <strong>J. Henry Schroder Wagg and Company of London</strong> from 1963-72, and director of <strong>J. Henry Schroder, New York</strong> and <strong>Schroder Banking Corporation, New York</strong>, as well as <span style="text-decoration: underline">Lloyd&#8217;s Bank of London</span>, and <span style="text-decoration: underline">Rolls Royce</span>. He maintains a residence on Sutton Place in New York City, and as head of &#8220;The London Connection,&#8221; can be said to be the single most influential banker in the world.</p>
<pre>                               J. Henry Schroder
                               -----------------
                                      |
                                      |
                                      |
                          Baron Rudolph Von Schroder
                           Hamburg - 1858 - 1934
                                      |
                                      |
                                      |
                            Baron Bruno Von Schroder
                            Hamburg - 1867 - 1940
 F. C. Tiarks                         |
 1874-1952                            |
     |                                |
 marr. Emma Franziska                 |
 (Hamburg)                    Helmut B. Schroder
 J. Henry Schroder 1902               |
 Dir. Bank of England                 |
 Dir. Anglo-Iranian                   |
 Oil Company         J. Henry Schroder Banking Company N.Y.
                                      |
                                      |
                       J. Henry Schroder Trust Company N.Y.
                                      |
                                      |
                                      |
                   ___________________|____________________
                  |                                        |
            Allen Dulles                              John Foster Dulles
          Sullivan &amp; Cromwell                        Sullivan &amp; Cromwell
          Director - CIA                             U. S. Secretary of State
                                                     Rockefeller Foundation
 Prentiss Gray
 ------------
Belgian Relief Comm.                     Lord Airlie
Chief Marine Transportation              -----------
US Food Administration WW I          Chairman; Virgina Fortune
Manati Sugar Co. American &amp;          Ryan daughter of Otto Kahn
British Continental Corp.            of Kuhn,Loeb Co.
       |                                    |
       |                                    |
 M. E. Rionda                               |
 ------------                               |
Pres. Cuba Cane Sugar Co.                   |
Manati Sugar Co. many other                 |
sugar companies.                     _______|
       |                            |
       |                            |
 G. A. Zabriskie                    |
 ---------------                    |                Emile Francoui
Chmn U.S. Sugar Equalization        |                --------------
Board 1917-18; Pres Empire          |            Belgian Relief Comm. Kai
Biscuit Co., Columbia Baking        |            Ping Coal Mines, Tientsin
Co. , Southern Baking Co.           |            Railroad,Congo Copper, La
                                    |            Banque Nationale de Belgique
             Suite 2000 42 Broadway | N. Y                      |
          __________________________|___________________________|
         |                          |                           |
         |                          |                           |
    Edgar Richard            Julius H. Barnes             Herbert Hoover
    -------------            ----------------             --------------
Belgium Relief Comm         Belgium Relief Comm       Chmn Belgium Relief Com
Amer Relief Comm            Pres Grain Corp.           U.S. Food Admin
U.S. Food Admin             U.S. Food Admin           Sec of Commerce 1924-28
1918-24, Hazeltine Corp.    1917-18, C.B Pitney       Kaiping Coal Mines
   |                        Bowes Corp, Manati        Congo Copper, President
   |                        Sugar Corp.                  U.S. 1928-32
   |
   |
   |
John Lowery Simpson
- -------------------
Sacramento,Calif Belgium Relief                       |
Comm. U. S. Food Administration             Baron Kurt Von Schroder
Prentiss Gray Co. J. Henry Schroder         -----------------------
Trust, Schroder-Rockefeller, Chmn         Schroder Banking Corp. J.H. Stein
Fin Comm, Bechtel International           Bankhaus (Hitler's personal bank
Co. Bechtel Co. (Casper Weinberger        account) served on board of all
Sec of Defense, George P. Schultz         German subsidiaries of ITT . Bank
Sec of State (Reagan Admin).              for International Settlements,
            |                             SS Senior Group Leader,Himmler's
            |                             Circle of Friends (Nazi Fund),
            |                             Deutsche Reichsbank,president
            |
            |
Schroder-Rockefeller &amp; Co. , N.Y.
- ---------------------------------
Avery Rockefeller, J. Henry Schroder
Banking Corp., Bechtel Co., Bechtel
International Co. , Canadian Bechtel
Company.          |
                  |
                  |
                  |
         Gordon Richardson
         -----------------
Governor, Bank of England
1973-PRESENT C.B. of J. Henry Schroder N.Y.
Schroder Banking Co., New York, Lloyds Bank
Rolls Royce</pre>
<hr />
<h3><span style="text-decoration: underline">Chart 3</span></h3>
<p><span>Source: ** Federal Reserve Directors: A Study of Corporate and Banking Influence ** &#8211; - Published 1976</span></p>
<p>The <span style="text-decoration: underline">David Rockefeller chart</span> shows the link between the Federal Reserve Bank of New York, Standard Oil of Indiana, General Motors and Allied Chemical Corportion (Eugene Meyer family) and Equitable Life (J. P. Morgan).</p>
<pre>DAVID ROCKEFELLER
- ----------------------------
Chairman of the Board
Chase Manhattan Corp
      |
      |
______|_______________________
Chase Manhattan Corp.        |
Officer &amp; Director Interlocks|---------------------
------|-----------------------                    |
      |                                           |
Private Investment Co. for America       Allied Chemicals Corp.
      |                                           |
Firestone Tire &amp; Rubber Company          General Motors
      |                                           |
Orion Multinational Services Ltd.        Rockefeller Family &amp; Associates
      |                                           |
ASARCO. Inc                              Chrysler Corp.
      |                                           |
Southern Peru Copper Corp.               Intl' Basic Economy Corp.
      |                                           |
Industrial Minerva Mexico S.A.           R.H. Macy &amp; Co.
      |                                           |
Continental Corp.                        Selected Risk Investments S.A.
      |                                           |
Honeywell Inc.                           Omega Fund, Inc.
      |                                           |
Northwest Airlines, Inc.                 Squibb Corporation
      |                                           |
Northwestern Bell Telephone Co.          Olin Foundation
      |                                           |
Minnesota Mining &amp; Mfg Co (3M)           Mutual Benefit Life Ins. Co. of NJ
      |                                           |
American Express Co.                            AT &amp; T
      |                                           |
Hewlett Packard                          Pacific Northwestern Bell Co.
      |                                           |
FMC Corporation                          BeachviLime Ltd.
      |                                           |
Utah Intl' Inc.                          Eveleth Expansion Company
      |                                           |
Exxon Corporation                        Fidelity Union Bancorporation
      |                                           |
International Nickel/Canada              Cypress Woods Corporation
      |                                           |
Federated Capital Corporation            Intl' Minerals &amp; Chemical Corp.
      |                                           |
Equitable Life Assurance Soc U.S.        Burlington Industries
      |                                           |
Federated Dept Stores                    Wachovia Corporation
      |                                           |
General Electric                         Jefferson Pilot Corporation
      |                                           |
Scott Paper Co.                          R. J. Reynolds Industries Inc.
      |                                           |
American Petroleum Institute             United States Steel Corp.
      |                                           |
Richardson Merril Inc.                   Metropolitan Life Insurance Co.
      |                                           |
May Department Stores Co.                Norton-Simon Inc.
      |                                           |
Sperry Rand Corporation                  Stone-Webster Inc.
      |                                           |
San Salvador Development Company         Standard Oil of Indiana</pre>
<hr />
<h3><span style="text-decoration: underline">Chart 4</span></h3>
<p><span>** Federal Reserve Directors: A Study of Corporate and Banking Influence ** &#8211; - Published 1976</span></p>
<p>This chart shows the interlocks between the Federal Reserve Bank of New York J. Henry Schroder Banking Corp., J. Henry Schroder Trust Co., Rockefeller Center, Inc., Equitable Life Assurance Society ( J.P. Morgan), and the Federal Reserve Bank of Boston.</p>
<pre> Alan Pifer, President
 Carnegie Corporation
 of New York
- ----------------------
         |
         |
- ----------------------
 Carnegie Corporation
 Trustee Interlocks      --------------------------
----------------------                            |
         |                                        |
Rockefeller Center, Inc                 J. Henry Schroder Trust Company
         |                                        |
The Cabot Corporation                   Paul Revere Investors, Inc.
         |                                        |
Federal Reserve Bank of Boston          Qualpeco, Inc.
         |
Owens Corning Fiberglas
         |
New England Telephone Co.
         |
Fisher Scientific Company
         |
Mellon National Corporation
         |
Equitable Life Assurance Society
         |
Twentieth Century Fox Corporation
         |
J. Henry Schroder Banking Corporation</pre>
<hr />
<h3><span style="text-decoration: underline">Chart 5</span></h3>
<p><span>Source: ** Federal Reserve Directors: A Study of Corporate and Banking Influence ** &#8211; - Published 1976</span></p>
<p>This chart shows the link between the Federal Reserve Bank of New York, Brown Brothers Harriman,Sun Life Assurance Co. (N.M. Rothschild and Sons), and the Rockefeller Foundation.</p>
<pre>Maurice F. Granville
Chairman of The Board
Texaco Incorporated
- ----------------------
        |
        |
Texaco Officer &amp; Director Interlocks  ---------- Liggett &amp; Myers, Inc.
- ------------------------------------         |
        |                                      |
        |                                      |
 L  Arabian American Oil Company            St John d'el Ray Mining Co. Ltd.
 O      |                                      |
 N  Brown Brothers Harriman &amp; Co.           National Steel Corporation
 D      |                                      |
 O  Brown Harriman &amp; Intl' Banks Ltd.       Massey-Ferguson Ltd.
 N      |                                      |
    American Express                        Mutual Life Insurance Co.
        |                                      |
 N. American Express Intl' Banking Corp.    Mass Mutual Income Investors Inc.
 M.     |                                      |
    Anaconda                                United Services Life Ins. Co.
 R      |                                      |
 O  Rockefeller Foundation                  Fairchild Industries
 T      |                                      |
 H  Owens-Corning Fiberglas                 Blount, Inc.
 S      |                                      |
 C  National City Bank (Cleveland)          William Wrigley Jr. Co
 H      |                                      |
 I  Sun Life Assurance Co.                  National Blvd. Bank of Chicago
 L      |                                      |
 D  General Reinsurance                     Lykes Youngstown Corporation
        |                                      |
    General Electric (NBC)                  Inmount Corporation</pre>
<p><span>** Source: Federal Reserve Directors: A Study of Corporate and Banking Influence. Staff Report,Committee on Banking,Currency and Housing, House of Representatives, 94th Congress, 2nd Session, August 1976. </span></p>
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		<title>JP Morgan gave ACORN nearly $10 MILLION</title>
		<link>http://captkarl.blogivists.com/2009/10/07/jp-morgan-gave-acorn-nearly-10-million/</link>
		<comments>http://captkarl.blogivists.com/2009/10/07/jp-morgan-gave-acorn-nearly-10-million/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 14:05:20 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
				<category><![CDATA[ACORN]]></category>
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		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3473</guid>
		<description><![CDATA[You would think with all these millionaires walking around the company, there would be at least a passing acknowledgement of the wealth generation potential of a free economy. Not a chance.  CEO Jamie Dimon sneers at free market advocates. The firm funds a variety of anti-business activists, ACORN being just the most dramatic example.]]></description>
			<content:encoded><![CDATA[<h2><strong><em>ACORN Funder JPMorgan Chase Doesn’t Look Good in New Madoff Book </em><br />
</strong></h2>
<p><strong><a href="http://www.nlpc.org/stories/2009/08/10/acorn-funder-jpmorgan-chase-doesn%E2%80%99t-look-good-new-madoff-book">NLPC</a></strong></p>
<div>A new book by <em>Barron’s</em> reporter Erin Arvedlund asserts that banking giant JPMorgan Chase became aware of Madoff’s Ponzi scheme months before his arrest, prompting the bank to liquidate its positions in a Madoff-related fund. Yet, the bank continued to accept deposits into Madoff’s main account at the bank from unsuspecting investors who were about to lose everything.NLPC is a critic of JPMorgan Chase’s support for political and social causes that are contrary to the bank’s interests and hostile to the capitalist system itself, such as ACORN. Although these new revelations are a separate controversy, both reflect an apparent willingness by the firm to work with shady enterprises if it is perceived to be in its own interest.The book is titled <em>Too Good to be True</em>. Excerpts appeared in <em>Barron’s</em> over the weekend.</div>
<div> </div>
<div>Arvedlund has a great deal of credibility on anything Madoff-related, having written a story in 2001 suggesting that Madoff’s consistent record of returns was suspect.</div>
<p>The only good thing that can be said about JPMorgan Chase is that, like Arvedlund, it was perceptive enough to smell the Madoff rat. But unlike Arvedlund, who tried to sound the alarm, JPMorgan Chase kept quiet and tried to protect itself.</p>
<p>Arvedlund explains:</p>
<blockquote><p>In 2006, JPMorgan Chase developed a derivative product for its wealthy clients. It was linked to the Fairfield Sentry Fund offered by the Madoff feeder Fairfield Greenwich. The bank offered investors &#8212; mostly in Europe &#8212; a note that paid three times the earnings, or returns, of the Sentry Fund. The note matured in five years. To hedge its risk on the derivative product, the bank invested in the Sentry Fund itself. This way, if the Sentry Fund did well, the bank&#8217;s returns would offset its obligation on the notes.</p>
<p>By the summer of 2008, JPMorgan Chase had deposited $250 million with the Sentry Fund. With the financial meltdown on Wall Street and around the world in full swing, most of the markets were down 30% or more, and yet the Sentry Fund reported gains of 5%. JPMorgan Chase began to grow suspicious.</p></blockquote>
<p>As a result:</p>
<blockquote><p>In September 2008, JPMorgan Chase quietly liquidated its entire $250 million position in the Sentry Fund, even though it remained liable on the derivatives it had sold to the wealthy clients. At the time, the Fairfield Sentry investment notes were showing a 5% gain for the year. The bank had concluded Madoff was a phony, and the only way to protect itself was to liquidate anything connected with Madoff.</p></blockquote>
<p>When JPMorgan Chase bought what was left of Bear Stearns last year, it inherited a relationship with Madoff that is also sure to raise more questions about its ethics. According to Arvedlund:</p>
<blockquote><p>Brokers who traded at Bear Stearns used the firm&#8217;s automated equity order system to buy and sell stocks. A broker would enter the stock symbol and the number of shares he or she wanted to trade. The system was supposed to do the rest: work to find the best counterparty to trade with from among the many market makers that traded with Bear Stearns. However, for Nasdaq stocks, Bear Stearns had an unwritten code: the system automatically defaulted to trade with Madoff.</p>
<p>Madoff reportedly paid Bear Stearns substantial fees for this default setting on their equity order system, and he may have paid other customers to do the same as well. Between 2000 and 2008, Bear Stearns&#8217; 400 or so brokers all used this system, and all their Nasdaq trades defaulted to Madoff. It was a big source of revenue for Madoff, and it vaulted Bear Stearns to a position as the largest counterparty trading with Madoff. The arrangement was in place when Bear Stearns went under in early 2008, and it continued under JPMorgan Chase.</p></blockquote>
<p>JPMorgan Chase and/or the JPMorgan Chase Foundation are major funders of the Association of Community Organizations for Reform Now (ACORN) and related organizations. ACORN is a network of as many as 360 organizations, structured to escape accountability, a network far more complicated than anything Madoff ever constructed.</p>
<p>ACORN has had its own embezzlement scandal. Dale Rathke, the brother of ACORN founder Wade Rathke, stole nearly $1 million in 1999 and 2000. ACORN treated the crime as an internal matter and did not even notify its board. A whistle-blower made it public. Dale Rathke remained on ACORN’s payroll until June 2008.</p>
<p>According to its 2007 tax return (the most recent available), the JPMorgan Chase Foundation made a million-dollar gift to ACORN Housing, Inc. that year. This donation is likely the tip of the iceberg of the bank’s total support of ACORN. JPMorgan Chase is one of ACORN largest corporate backers, if not the largest. JPMorgan Chase can take a step toward accountability by disclosing the specifics of its support for ACORN.</p>
<p>Last fall, JPMorgan Chase accepted $25 billion in taxpayer TARP funds. In 2008, the top 200 bonus recipients at JPMorgan Chase received $1.12 billion. The firm had 1,144 employees who received a bonus of least $1 million last year, more than any other Wall Street firm.</p>
<p>You would think with all these millionaires walking around the company, there would be at least a passing acknowledgement of the wealth generation potential of a free economy. Not a chance.  CEO Jamie Dimon sneers at free market advocates. The firm funds a variety of anti-business activists, ACORN being just the most dramatic example.</p>
<p>Dimon is apparently not self-conscious either about ACORN’s role in the residential mortgage crisis, much of it driven by subprime lending. Starting in the Seventies, ACORN saw the big banks as shakedown targets. The weak-kneed executives at these institutions were pretty easy pickings.</p>
<p>ACORN screamed “racism.” It accused mortgage lenders of “redlining,” or denying credit to borrowers in certain areas. It picketed the homes of bank directors in leafy suburbs.<br />
A way out was offered to the banks. They could make contributions to ACORN and/or they could “invest” in ACORN Housing, which made loans to “underserved” borrowers.</p>
<p>They also could back off from opposition to a law called the Community Reinvestment Act of 1977 that required banks and thrifts to lend more money from areas where they took deposits. It meant more loans to “underserved” communities, and a loosening of lending standards.</p>
<p>Of course, many of ACORN’s “deserving” borrowers were not deserving at all. Increasingly, the banks dumped the loans on Fannie Mae and Freddie Mac, which were under pressure by Congressmen like Barney Frank (D-MA) to make more loans to the “underserved.”</p>
<p>The result was the mortgage meltdown that nearly took down our entire financial system, providing the justification for the massive bailouts of the banks. But Dimon acts like JMorgan Chase has no culpability because of its “solid” balance sheet.</p>
<p>According to Arvedlund, there are already civil suits against JPMorgan Chase by investors whose funds were acccepted into Madoff’s account at the bank after it had concluded that Madoff was a fraud. Of course, this may also be criminal, but there is no word that the bank is the target of a criminal investigation.</p>
<p>During the campaign, Dimon was a vocal supporter of Barack Obama. On July 18, <a href="http://www.nytimes.com/2009/07/19/business/19dimon.html?_r=1&amp;src=sch">the <em>New York Times</em> called Dimon “Obama’s favorite banker.”</a> Dimon may hope that this relationship will insulate his firm from prosecution in the Madoff case. In any event, JPMorgan Chase’s culture must be questioned, along with Dimon’s credibility and leadership.</p>
<h4><span style="color: #0000ff">The Liberty Tree Lantern analysis and commentary on the above article: </span></h4>
<p><span style="color: #0000ff"><strong><span style="color: #800000">J.P. Morgan Chase Bank is one of the 12 Banking concerns that own The Federal Reserve &#8220;System&#8221;.</span></strong>  See: <a title="Permanent Link to OWNERSHIP OF THE FEDERAL RESERVE" rel="bookmark" href="http://captkarl.blogivists.com/2009/10/07/ownership-of-the-federal-reserve/">OWNERSHIP OF THE FEDERAL RESERVE</a>.  This bank is one of the programmers of The MATRIX, our economy that only exists in our minds because our minds have been programmed to believe that a small piece of paper with green ink on it is worth 100 cents, when in the real world, outside of The MATRIX, outside of our minds, they are really only worth 2 &#8211; 3 cents each. So you have never been even close to fully paid for your labor and you have never paid for anything your mind believes you paid for.  In essence nothing,<span style="text-decoration: underline"> IN A FINANCIAL SENSE</span>, you can see, touch or smell really exists because it was paid for with almost worthless pieces of paper with ink on it.  How can you buy a car or a refrigerator with nothing more than  pieces of paper with almost nothing backing it up, that is printed out of thin air on glorified computer printers at a Federal Reserve office?  If this is possible then how come only these super rich bankers can print out this Monopoly money, you have a computer printer too, why can&#8217;t you print your own?  The Banking cartel of twelve privately owned banks, do it almost every single day.  Now the question that will really blow your mind is; if you didn&#8217;t really pay for anything you have, because you used dollars that in the real world was only worth about 4 cents or less each, than who really owns it?  Someday soon we may all find out and it isn&#8217;t going to be pretty.</span></p>
<p><span style="color: #0000ff">In any case this MATRIX is going to collapse, by something known as</span> <a href="http://captkarl.blogivists.com/2009/07/14/the-matrix-our-economy-that-only-exists-in-our-minds-is-soon-to-collapse/">hyper-inflation</a>, <span style="color: #0000ff">which is actually the revaluation of the dollar to its true value by the entire world, in less than three years.  Welcome this nightmare folks, because without the total collapse of the MATRIX we will never be free or have liberty, or ever be individually wealthy.  The MATRIX was created to imprison our minds and enslave us for the power and wealth of the power hungry megalomaniacs of the world; the forty owners of The Federal Reserve &#8220;System&#8221; and their cronies in the U.S. Government and in &#8216;certain&#8217; BIG Corporations.  </span></p>
<p><span style="color: #0000ff">Pray for the <span style="text-decoration: underline">temporary</span> horror of the utter collapse of The MATRIX, our economy, because if we each INDIVIDUALLY BUT UNITED fight for and   PERSONALLY   ENFORCE  the rule of LAW that we wrote, established and ordained in The Constitution upon our U.S. Government, word for word, in spirit and intent, as it WAS meant on the day it was ratified, then the vast majority of our common average working men and women will, through very hard work and the blessings of God, become wealthy with REAL money from our creator.  </span></p>
<p><span style="color: #0000ff">So pray people, pray for the end of our economy, THE MATRIX, our prison of the mind, which now uses each and every one of us as though we are utter slaves of &#8220;the system&#8221; being controlled and manipulated through usurpation, Constitutionally illegal legislation, tyranny, oppression, taxation and so-called tax credits where they first STEAL our earnings, before we even get them, in the form of Federal, FICA, and Medicare &#8221;withholding&#8221; and payroll taxes that we would have otherwise received from our employers on our paychecks, and then they say they will give us a &#8220;little fraction&#8221; of what they stole out of our paychecks IF we cow tow to their DEMANDS and mandates.  </span></p>
<p><span style="color: #0000ff">What gives them the right to hold us in such utter contempt, when it was We The people who &#8216;borrowed&#8217; them SEVENTEEN <strong><span style="text-decoration: underline">enumerated items</span></strong> in <a href="http://www.usconstitution.net/const.html#A1Sec8">Article 1 Section 8</a> of The Constitution as further supported by the <a href="http://www.usconstitution.net/const.html#Am9">9th and 10th Amendments </a>in The Bill of Rights, certain authorities that we individually received from our creator,  for the &#8216;privilege&#8217; of handling for us.    <strong><span style="color: #ff0000">How dare they?</span></strong></span></p>
<p><span style="color: #0000ff">READ THE DECLARATION OF INDEPENDENCE   and the dovetail CONSTITUTION OF THE UNITED (but independent and sovereign) STATES OF AMERICA, <strong>today</strong>, so you know what you must fight for.  Also read the numerous writings of our founding fathers.   And be sure to read</span> <a href="http://captkarl.blogivists.com/2009/08/19/the-light-of-the-liberty-tree-lantern-guided-by-these-principles/">The 5000 Year Leap</a> <span style="color: #0000ff">which will greatly facilitate the meaning, spirit and intent of the Declaration and the Constitution so that you understand both of them perspicuously.</span> </p>
<p>Also see: <a title="Permanent Link to One World Order to Come After Economic Boom Leads to Black Friday" href="http://captkarl.blogivists.com/2009/09/16/one-world-order-to-come-after-economic-boom-leads-to-black-friday/">One World Order to Come After Economic Boom Leads to Black Friday</a></p>
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		<title>The end of the dollar spells the rise of a new order</title>
		<link>http://captkarl.blogivists.com/2009/10/06/the-end-of-the-dollar-spells-the-rise-of-a-new-order/</link>
		<comments>http://captkarl.blogivists.com/2009/10/06/the-end-of-the-dollar-spells-the-rise-of-a-new-order/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 01:59:51 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
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		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3467</guid>
		<description><![CDATA[It is not hard to see the motivation for oil exporters to move away from the dollar. The value of the US currency has fallen sharply since last year's meltdown. And fears are growing, in the light of a spiraling US government deficit, that a further depreciation is likely. They do not want to sell their wares in return for a currency with an uncertain future.]]></description>
			<content:encoded><![CDATA[<h3>This radical proposal is a reflection of a changing economic world</h3>
<p><em>Tuesday, 6 October 2009</em></p>
<p>Last autumn&#8217;s global financial crisis set off an economic earthquake. And we are still feeling the tremors. The latest sign of the ground shifting beneath our feet is our report today of plans by Gulf states, China, Russia, France and Japan to end their practice of conducting oil deals in US dollars, switching instead to a diverse basket of currencies.</p>
<p>It is not hard to see the motivation for oil exporters to move away from the dollar. The value of the US currency has fallen sharply since last year&#8217;s meltdown. And fears are growing, in the light of a spiraling US government deficit, that a further depreciation is likely. They do not want to sell their wares in return for a currency with an uncertain future.</p>
<p>It is also easy to see why China would like a world trading system that is underpinned by other currencies as well as the dollar. For the past decade Beijing has been recycling the proceeds of its giant national trade surplus into purchases of US government bonds and other dollar-denominated assets. China too stands to make a significant loss if the value of the dollar falls. For China, however, the timing is much more sensitive. Beijing needs to reduce its dollar holdings, but if it does so too quickly it will bring about the very devaluation it fears. This explains why Chinese officials appear to want this transition to take place gradually over the next decade.</p>
<p>But the significance of this development goes much further. Since the end of the Second World War the dollar has been the bedrock of world trade. The pre-eminence of the American currency flowed naturally from the economic dominance of the US. Virtually everyone traded with America so it made sense to use their currency.</p>
<p>But the US is not the dominant power that it once was. The financial crisis has left it hobbled with significant government and household debts and sharply reduced prospects for growth. Developing nations such as China, Brazil and India, on the other hand, have weathered the economic storm significantly better. So while this latest proposal is born of financial calculation, it is also a reflection of a new economic world order.</p>
<p>We should not be sentimental for the dollar. It makes economic sense for world trade to be conducted in a variety of currencies. Relying on one only has the advantage of clarity, but it also creates instability if the economy that underpins it faces uncertain prospects.</p>
<p>Yet we need to understand that exchange rate volatility is a symptom, rather than a cause, of what truly ails the world economy. The biggest driver of global economic instability in recent years has been the determination of China to boost its export sector at all costs. Beijing&#8217;s persistently large trade surpluses and manipulation to prevent its own currency from appreciating have effectively forced Western nations into running persistently large trade deficits. It was this pressure that blew up various asset bubbles that burst with such disastrous effect last year.</p>
<p>A gradual move away from the dollar makes sense. But without a commitment from world governments – both in the rich and developing world – to reduce these destabilizing global trade imbalances we will enter an uncertain new era; and one that could yet make us pine for the days of the dominant greenback.</p>
<p><span style="color: #0000ff"> </span></p>
<h4><span style="color: #0000ff"><span style="text-decoration: underline">Now a comment on the above article by The Liberty Tree Lantern:</span></span></h4>
<p><span style="color: #0000ff">Folks, this is just the first attempt to program your MATRIX dominated mind to accept a one world currency.  But remember, if you do you will be permanently be giving away your freedom, liberty and individual prosperity in exchange for human slavery, oppression, and tyranny with nowhere on Earth to run from the IRS and endless massive taxation of almost everything you ever earn and work for.  If we accept a one world currency, that they will try to push on us, eventually soon after, we will be forced into a One World Government / a New World Order.  </span></p>
<p><span style="color: #0000ff">Do not fall for this.  They will tell half-truths and they will seem to make all kinds of sense just like when the bankers spoke about the importance of the Federal Reserve &#8220;System&#8221; central bank back in 1912-13 resulting in &#8220;The MATrix&#8221; our economy that only exists in our minds based on an almost worthless dollar.  Don&#8217;t accept a little bit of security at the expense of the true freedom and liberty that we can recapture only after the complete collapse of The MATRIX (our economy), when we can rebuild it with REAL money and create individual wealth for the common working man as well as small businesses that will then flourish.</span></p>
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		<title>The demise of the dollar</title>
		<link>http://captkarl.blogivists.com/2009/10/06/the-demise-of-the-dollar/</link>
		<comments>http://captkarl.blogivists.com/2009/10/06/the-demise-of-the-dollar/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 00:46:18 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
				<category><![CDATA[Economic Collapse]]></category>
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		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3460</guid>
		<description><![CDATA[In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.

]]></description>
			<content:encoded><![CDATA[<p><strong> </strong></p>
<p>In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading</p>
<p>By Robert Fisk</p>
<p><em>Tuesday, 6 October 2009</em></p>
<p><a href="http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html?action=Popup"></a></p>
<p><strong><img src="http://www.independent.co.uk/multimedia/archive/00248/torn-dollar_248041s.jpg" border="0" alt="Iran announced late last month that its foreign currency reserves would henceforth be held in euros rather than dollars." width="616" height="421" /> Iran announced late last month that its foreign currency reserves would henceforth be held in euros rather than dollars.</strong></p>
<p>In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.</p>
<p>Secret meetings have already been held by finance ministers and central bank governors in Russia, China, Japan and Brazil to work on the scheme, which will mean that oil will no longer be priced in dollars.</p>
<p>The plans, confirmed to The Independent by both Gulf Arab and Chinese banking sources in Hong Kong, may help to explain the sudden rise in gold prices, but it also augurs an extraordinary transition from dollar markets within nine years.</p>
<p>The Americans, who are aware the meetings have taken place – although they have not discovered the details – are sure to fight this international cabal which will include hitherto loyal allies Japan and the Gulf Arabs. Against the background to these currency meetings, Sun Bigan, China&#8217;s former special envoy to the Middle East, has warned there is a risk of deepening divisions between China and the US over influence and oil in the Middle East. &#8220;Bilateral quarrels and clashes are unavoidable,&#8221; he told the Asia and Africa Review. &#8220;We cannot lower vigilance against hostility in the Middle East over energy interests and security.&#8221;</p>
<p>This sounds like a dangerous prediction of a future economic war between the US and China over Middle East oil – yet again turning the region&#8217;s conflicts into a battle for great power supremacy. China uses more oil incrementally than the US because its growth is less energy efficient. The transitional currency in the move away from dollars, according to Chinese banking sources, may well be gold. An indication of the huge amounts involved can be gained from the wealth of Abu Dhabi, Saudi Arabia, Kuwait and Qatar who together hold an estimated $2.1 trillion in dollar reserves.</p>
<p>The decline of American economic power linked to the current global recession was implicitly acknowledged by the World Bank president Robert Zoellick. &#8220;One of the legacies of this crisis may be a recognition of changed economic power relations,&#8221; he said in Istanbul ahead of meetings this week of the IMF and World Bank. But it is China&#8217;s extraordinary new financial power – along with past anger among oil-producing and oil-consuming nations at America&#8217;s power to interfere in the international financial system – which has prompted the latest discussions involving the Gulf states.</p>
<p>Brazil has shown interest in collaborating in non-dollar oil payments, along with India. Indeed, China appears to be the most enthusiastic of all the financial powers involved, not least because of its enormous trade with the Middle East.</p>
<p>China imports 60 per cent of its oil, much of it from the Middle East and Russia. The Chinese have oil production concessions in Iraq – blocked by the US until this year – and since 2008 have held an $8bn agreement with Iran to develop refining capacity and gas resources. China has oil deals in Sudan (where it has substituted for US interests) and has been negotiating for oil concessions with Libya, where all such contracts are joint ventures.</p>
<p>Furthermore, Chinese exports to the region now account for no fewer than 10 per cent of the imports of every country in the Middle East, including a huge range of products from cars to weapon systems, food, clothes, even dolls. In a clear sign of China&#8217;s growing financial muscle, the president of the European Central Bank, Jean-Claude Trichet, yesterday pleaded with Beijing to let the yuan appreciate against a sliding dollar and, by extension, loosen China&#8217;s reliance on US monetary policy, to help rebalance the world economy and ease upward pressure on the euro.</p>
<p>Ever since the Bretton Woods agreements – the accords after the Second World War which bequeathed the architecture for the modern international financial system – America&#8217;s trading partners have been left to cope with the impact of Washington&#8217;s control and, in more recent years, the hegemony of the dollar as the dominant global reserve currency.</p>
<p>The Chinese believe, for example, that the Americans persuaded Britain to stay out of the euro in order to prevent an earlier move away from the dollar. But Chinese banking sources say their discussions have gone too far to be blocked now. &#8220;The Russians will eventually bring in the rouble to the basket of currencies,&#8221; a prominent Hong Kong broker told The Independent. &#8220;The Brits are stuck in the middle and will come into the euro. They have no choice because they won&#8217;t be able to use the US dollar.&#8221;</p>
<p>Chinese financial sources believe President Barack Obama is too busy fixing the US economy to concentrate on the extraordinary implications of the transition from the dollar in nine years&#8217; time. The current deadline for the currency transition is 2018.</p>
<p>The US discussed the trend briefly at the G20 summit in Pittsburgh; the Chinese Central Bank governor and other officials have been worrying aloud about the dollar for years. Their problem is that much of their national wealth is tied up in dollar assets.</p>
<p>&#8220;These plans will change the face of international financial transactions,&#8221; one Chinese banker said. &#8220;America and Britain must be very worried. You will know how worried by the thunder of denials this news will generate.&#8221;</p>
<p>Iran announced late last month that its foreign currency reserves would henceforth be held in euros rather than dollars. Bankers remember, of course, what happened to the last Middle East oil producer to sell its oil in euros rather than dollars. A few months after Saddam Hussein trumpeted his decision, the Americans and British invaded Iraq.</p>
<p><span style="color: #0000ff">Folks, the reason for all of this is because we have not taken care of our INDIVIDUAL responsibility to be educated as to: </span></p>
<ul>
<li><span style="color: #0000ff">The one and only meaning of freedom and liberty as defined by our founding fathers.</span></li>
<li><span style="color: #0000ff">The purpose and meaning of The Constitution</span></li>
<li><span style="color: #0000ff">The meaning and purpose of The Declaration of Independence</span></li>
<li><span style="color: #0000ff">To understand that The Constitution is a set of LAWS that We The People wrote, established and ordained on All Three Branches of the U.S. Government to make sure that they do not do what they have done to us, our country and, in the process, our <strong>DOLLAR</strong> and our economy.</span></li>
<li><span style="color: #0000ff">To realize that it is an encumbrance upon all of us, individually, to be informed and to enforce the laws that we wrote, established and ordained on all three branches of the U.S. Government.  This means that it is our responsibility to talk about all these things, that you &#8220;might&#8221; call politics, although in reality it really isn’t politics it is law, morality, principles and economics, wherever you go because it directly impact your lives, our economy, our freedom, our liberty and your personal income and potential.  We have become uneducated (about freedom and Constitutional principles) and how to enforce our own laws on our own Government.  Do you even know the last ten words, which allow us to hold our Government entirely accountable and to redress infringements, of the first Amendment?</span></li>
<li><span style="color: #0000ff">We all must realize that we CAN do something about all of these things if we are educated with regards to the tenets, purpose, spirit and intent of the Constitution and our ultimate authority that we were individually given by our creator.</span></li>
<li><span style="color: #0000ff">We all must understand and PERSONALLY IMPLIMENT the</span> <a href="http://captkarl.blogivists.com/2009/08/19/the-light-of-the-liberty-tree-lantern-guided-by-these-principles/">28 Freedom Principles</a>.</li>
<li><span style="color: #0000ff">Do you know that Thomas Jefferson wanted that only gold coins would be used for our currency?  If this were still true and there was no &#8220;Central Bank&#8221; Federal Reserve &#8220;System&#8221; we would be as wealthy as our minds have been programmed to think we are in this real world MATRIX that only exists in our minds because we have been led to believe that paper and ink in the form of FEDERAL RESERVE &#8220;NOTES&#8221; are worth 100 cents when in the real world, outside of The Matrix, they are really worth only 2 &#8211; 3 cents, which is exactly worth the world will value our dollars in less than three years.</span></li>
<li><span style="color: #0000ff">If you &#8216;think&#8217; in your mind you are getting paid $50.00 per hour, in the real world, outside of the Matrix of your mind, you are really getting paid only $1.00 an hour.  Soon the entire world will revalue the dollar to the true reality of this.  When the world does this will you really drive to work and actually work for a dollar an hour when a single gallon of gasoline costs you $100.00 and a loaf of bread costs $80.00?  This is what is going to happen in LESS than three years; All because you thought you had more important things to do than talk or care about what you &#8216;think&#8217; is politics when it is NOT politics but it is your very life, your rights, your money, your freedom and your liberty.  But you just didn&#8217;t care to talk about it.  How about if you go out some place RIGHT NOW, IF NOTHING ELSE go to a tavern and have a beer and START TALKING ABOUT ALL OF these things you should have been talking about all along?  Where ever you go you need to start learning and talking about all of these things to your friends, relatives and people you just bump into at the beach or camping or whatever you do.  You all have to start caring enough to at least talk about all of this so that we can unite and do what we must do to ENFORCE the LAW on our Government.</span></li>
<li><span style="color: #0000ff">We must realize that the entire collapse of The MATRIX, our economy that only exists in our minds, <strong><span style="text-decoration: underline">is a blessing</span></strong> because until THE MATRIX is totally destroyed we will never be free of the tyrants and despots in all three branches of the U.S. Government and the cartel of twelve privately owned banks, who ultimately control them and us through monetary supply and manipulation, called THE FEDERAL RESERVE &#8220;SYSTEM&#8221; who created The MATRIX in the first place, through Constitutionally contemptuous legislation by usurping tyrants.</span></li>
<li><span style="color: #0000ff">The utter collapse of The MATRIX is going to be a horrible hardship for a few years, about five or so, and we may even need a Re-Revolutionary War to ENFORCE The Law in The Constitution on our Government, but if we stay the course the vast majority of common average Americans will become wealthy through hard work, the blessings of God and being able to keep our own earnings and choose for ourselves and our families how and on what we will spend our money (gold and/or silver coins) on.</span></li>
<li><span style="color: #0000ff">Pray, people, for the collapse of the Matrix, be ready and prepare to survive the hardships and be ready to fight physically if necessary, for the rule of LAW of The Constitution to the full force and effect of it word for word, in spirit and intent, as it WAS meant on the day it was ratified.</span></li>
<li><span style="color: #0000ff">If you don&#8217;t want to see war than support <a href="www.GiveMeLiberty.org">We The People Congress</a>.  This organization and the NEW Continential Congress, is our ONLY chance to avoid it; by peacefully holding every single member of all three branches of the U.S. Government accountable to the LAWS in The Constitution.</span></li>
</ul>
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			<wfw:commentRss>http://captkarl.blogivists.com/2009/10/06/the-demise-of-the-dollar/feed/</wfw:commentRss>
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		<title>Why U.S. Government &#8220;Urgently&#8221; Wants To Pass Health Care &#8211; Economic Collapse To Soon Come</title>
		<link>http://captkarl.blogivists.com/2009/09/25/why-u-s-government-urgently-wants-to-pass-health-care-economic-collapse-to-soon-come/</link>
		<comments>http://captkarl.blogivists.com/2009/09/25/why-u-s-government-urgently-wants-to-pass-health-care-economic-collapse-to-soon-come/#comments</comments>
		<pubDate>Fri, 25 Sep 2009 16:25:33 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
				<category><![CDATA[Bailouts]]></category>
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		<category><![CDATA[Socialized health care]]></category>
		<category><![CDATA[The Fed]]></category>

		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3343</guid>
		<description><![CDATA[The fact is we live in a world that, in a financial sense, doesn’t exist in the sense that nothing we touch, see or smell has been paid for.  Our minds have been programmed to believe that dollars are actually money, but you know what?  The dollars in your wallet were printed out of thin air from nothing more than paper and ink at the office of a cartel of twelve privately owned, mostly by foreigners – mostly British, banks called THE FEDERAL RESERVE “SYSTEM”.   So in a very real sense the economy we all ‘perceive’ around us is nothing more than a real life MATRIX just like in the movie, complete with IRS Agents in dark suits with sunglasses and guns.  In a financial sense NOTHING EXISTS outside of our minds.  As long as our minds believe that a dollar is worth 100 cents than The Matrix will operate.  But The MATRIX is unsustainable due to the forces of “Natural Law” that are in control of the entire Universe including our economy. ]]></description>
			<content:encoded><![CDATA[<p>Matt posted the following in a comment section of The Liberty Tree Lantern, regarding Nationalized Health Care, recently:</p>
<p>Do you understand the difference between what he would have like to do and actually what the health plan has turned into? This is what he believed in 2003, and probably would still like. REallity though makes it so we cant viably get rid of the insurance companies, so we Keep them and try and fix the system.<br />
Arguments that we would not try and save babies or allow people to die becouse it is not cost effective is rediculous. You know anyone that would allow that? I dont. Are country is much richer and can afford much more health care then any of these other countries. All we would have to do is say we will not allow this, period.</p>
<p><span style="color: #0000ff"><em>Here is Capt. Karl&#8217;s reply:<strong></strong></em></span></p>
<p><strong>Dear Matt,</strong></p>
<p><strong>First of all thank you for posting your thoughts on this subject on the Liberty Tree Lantern.  I believe that there are a very large number of Americans who agree with your view.</strong></p>
<p><strong>Although it is not possible, within the confines of “Natural Law”, which is the physical nature of the universe that combine the rules in physics, nature and conduct of all creatures therein, that make it work, such as the law of gravity for example.  Just as no object can ignore the law of gravity, sooner or later it will have an effect on an object.   It is the same with our economy, my friend.  Our economy is almost entirely based on wealth printed out of thin air in the form of what we call dollars or as printed on them “FEDERAL RESERVE NOTE”.  Do you know what a “NOTE” is.  It is a document that fully admits that it is NOT money.  It is actually an I.O.U. with the promise to pay the holder back with ‘real’ money at some date in the future.  In this case it is a future that will NEVER arrive.</strong></p>
<p><strong>So what does that mean?  It means that during the course of several decades nothing has been paid for with ‘real’ money, but only NOTES, “FEDERAL RESERVE NOTES”.  Think about that for a moment.  Does this mean that every single American, who has been paid for their labor in FEDERAL RESERVE NOTES hasn’t been ‘really’ paid?  Does it mean that everything we thought we bought and paid for was paid with an I.O.U. and therefore all of our homes, cars, furniture, TVs and everything else we have we don’t really own because we haven’t paid for it with ‘real’ money?  BINGO!  Give the man a cigar!</strong></p>
<p><strong>The fact is we live in a world that, in a financial sense, doesn’t exist in the sense that nothing we touch, see or smell has been paid for.  Our minds have been programmed to believe that dollars are actually money, but you know what?  The dollars in your wallet were printed out of thin air from nothing more than paper and ink at the office of a cartel of twelve privately owned, mostly by foreigners – mostly British, banks called THE FEDERAL RESERVE “SYSTEM”.   So in a very real sense the economy we all ‘perceive’ around us is nothing more than a real life MATRIX just like in the movie, complete with IRS Agents in dark suits with sunglasses and guns.  In a financial sense NOTHING EXISTS outside of our minds.  As long as our minds believe that a dollar is worth 100 cents than The Matrix will operate.  But The MATRIX is unsustainable due to the forces of “Natural Law” that are in control of the entire Universe including our economy.  “Natural Law” is actually the forces that exist that hold the entire universe and each and every atom and quark in it, together.  This set of laws of physics, economics and morality have been laid down by the creator.  None of these “Natural Laws” can be ignored over the long run.  As such the printing of wealth on glorified computer printers is not sustainable.  Natural Law holds that wealth can only exist in the resources provided by the creator or the work, toil and sweat of the labor of man.  That is why The Matrix is soon to collapse.  Our economy, The Matrix, has for too long been propelled into the sky by the printing of wealth that doesn’t exist.  (It could exist but we let a Central Bank be unconstitutionally created by the unconstitutional scofflaws in Congress and the Woodrow Wilson Administration in 1913 ultimately resulting in programming our minds into believing that a dollar is worth 100 cents, when in reality now it is only worth about 2 – 3 cents)</strong></p>
<p><strong>So what does all of this mean and how does it relate to your topic Matt that; “</strong>All we would have to do is say we will not allow this, period.”</p>
<p>Well stay with me on this,,,</p>
<p>Natural Law, just as gravity, is always tugging on the ‘perceived’ value of the dollar in the minds of men.  The nature of the forces of the universe, actually God, is not going to allow a cartel of twelve banks, A.K.A.: The Federal Reserve, continue to print wealth out of thin air.  If this were truly possible, why don’t we all just print our own money right from our own computers/printers?  And, if it is possible to print wealth out of thin air than why should the forty owners of the twelve banks be the ONLY ones who get to chose who they give or lend all of that printed money to?  Do you not see the horror of the corruption that would exist if forty men could print all the money they wanted, whenever they wanted, for whatever reason they wanted and give it to whoever they wanted?  Doesn’t it make sense that they would take this printed money and just give it to their close friends and supporters?;  such as big banks, big corporations, and big Government officials in Congress and the Executive branches so that they could maintain their power by giving out “free stuff” in the form of bailouts, stimulus, Fannie Mae and Freddie Mac homes, bridges to nowhere, playground equipment, John Murtha style airports, $600.00 toilet seats and $300.00 hammers?  You see the universe needs Natural Law to protect us, our freedom, liberty and our unalienable rights from the immoral, the corrupt, the despots, the tyrants and the usurpers.</p>
<p>And, that is why The MATRix is going to collapse,,, THANK GOD!  As horrible as it is going to be in that people are going to have hardship and some will  literally starve and freeze to death like during the Great Depression, etc…, in the end we will be free and the VAST majority of common working Americans will, over time, become quite wealthy, even more so than we &#8216;perceive&#8217; in this MATRIX taxation prison of our mass behavior modified minds;  IF WE FIGHT FOR FREEDOM from the enablers of the “powers that be” who created The MATRIX.  We must allow The MATRIX to completely crash so we can restore our true individual freedom, liberty, unalienable rights, pursuit of happiness, and prosperity. </p>
<p><strong>How do we fight for such freedom?</strong></p>
<ol>
<li><strong>ENFORCE THE CONSTITUTION to the very word, word for word, in spirit and intent as it WAS meant on the day it was ratified.</strong></li>
<li><strong>Realize that number 1 above means that 4/5ths of the U.S. Government will naturally and out of necessity naturally collapse as the result of only having the authorization, per the Constitution, to do ONLY the SEVENTEEN enumerated items under <a href="http://www.usconstitution.net/const.html#A1Sec8">Article 1 Section 8</a> as further supported by the<a href="http://www.usconstitution.net/const.html#Am9"> 9th and 10th Amendments </a>in The Bill of Rights.  This will result in TRILLIONS of Dollars remaining in our hands and in our economy.  And it will result in Congress &#8220;coining&#8221; our money out of gold and/or silver, as <a title="Permanent Link to Thomas Jefferson on Big Banks, Politics &amp; Government" rel="bookmark" href="http://captkarl.blogivists.com/2009/01/23/thomas-jefferson-on-politics-government/">Thomas Jefferson on Big Banks, Politics &amp; Government</a> always steadfastly insisted (and as we can now see for what is now plainly obvious reasons in contemporary fact).</strong></li>
<li><strong>Allow the MATRIX to collapse entirely.  Hopefully step it down, but let it TOTALLY collapse and take the spanking, the financial hardship that we deserve for letting the Constitutional scofflaw tyrants get away with this for all of these years because of our apathy, laziness and willingness to be dumbed down with regards to the meaning of freedom and the <a href="http://captkarl.blogivists.com/2009/08/19/the-light-of-the-liberty-tree-lantern-guided-by-these-principles/">28 FREEDOM PRINCIPLES</a>.</strong></li>
<li><strong>Prepare for the financial hardship that is to come.</strong></li>
<li><strong>Fight for freedom by whatever means necessary, peacefully by any and all means possible till all is exhausted, if then by any means necessary; for without freedom what would life be worth under absolute World Dominated tyranny under a New One World Government Order planned by &#8220;the powers that be&#8221;?</strong></li>
</ol>
<p>The Matrix (our economy and our perception that everything is paid for) ‘literally’ based on nothing more than MONOPOLY money printed out of thin air from nothing more than paper and ink, is everywhere. It is all around us. Even now, in this very room. You can see it when you look out your window or when you turn on your television. You can feel it when you go to work&#8230; when you go to church&#8230; when you pay your taxes. It is the world that has been pulled over your eyes to blind you from the truth.  What truth?   That through taxation and Mass Behavior Modification of your mind to believe certain things like the dollar is worth 100 cents, the righteousness of Political Correctness , ‘OVER’ Tolerance, <strong>the awfulness of our American heritage and history and our unique in all the world Godly AMERICAN Culture</strong>, and Global Warming and Climate Change, <strong>you are a slave, Matt.</strong> Like everyone else you were born into bondage. Into a prison that you cannot taste or see or touch.   A taxation prison where we people are like millions of batteries supporting the power, corruption, tyranny and oppression of THE FEDERAL RESERVE “SYSTEM”, BIG Government and BIG crony Corporations who have “fused” in with our Government; resulting in a prison for your mind.  The 1984 Grace Commission Report states that ALL Income Taxes goes DIRECTLY from the hands of the IRS to THE FEDERAL RESERVE “SYSTEM” for the profits of the bankers in the form of “interest” on the public debt.  You see we are all batteries for “the powers that be” living in a real Matrix, in a financial sense, just like in the movie as nothing exists in the way we ‘think’ it does; as NOTHING has been paid for because in the ‘real’ world outside of The MATRIX / outside of what or minds have been MASS BEHAVIOR MODIFIED (programmed) to believe..  The question then remains, then WHO does own everything?  Interesting question isn’t it?</p>
<p>Have you ever had a dream, Matt, that you were so sure was real? What if you were unable to wake from that dream? How would you know the difference between the dream world and the real world?</p>
<p>I imagine that right now, you&#8217;re feeling a bit like Alice. Hmm? Tumbling down the rabbit hole?<br />
I’m sure if you could be here you would say; “You could say that.”<br />
<strong>I would reply</strong>: I see it in your eyes. You have the look of a man who accepts what he sees because he is expecting to wake up. Ironically, that&#8217;s not far from the truth. Do you believe in fate, Matt?<br />
 You say; “No. “<br />
“ Why not?” I would reply.<br />
You respond saying; &#8220;Because I don&#8217;t like the idea that I&#8217;m not in control of my life. That BIG GOVERNMENT and The Fed are controlling my mind and almost every aspect of my life through Mass Behavior Modification and manipulation and extortion through taxation and “tax credits” or as they call it “incentives”; where they steal my earnings from all my paycheck in the form of “Federal Withholding” and the invisible payroll taxes that my employer takes out of the earnings I would have gotten and pays this other half without my even thinking about it, and then they in effect, let me have some of my own money from my earnings if I behave and make the choices the way “they” want.&#8221;<br />
I would then say back; &#8221;I know *exactly* what you mean. Let me tell you why you&#8217;re here. You&#8217;re here because you know something. What you know you can&#8217;t explain, but you feel it. You&#8217;ve felt it your entire life, that there&#8217;s something wrong with the world. You don&#8217;t know what it is, but it&#8217;s there, like a splinter in your mind, driving you mad. It is this feeling that has brought you to me. Do you know what I&#8217;m talking about?&#8217;  You then answer; &#8220;The Matrix.&#8221;</p>
<p>I&#8217;m trying to free your mind, Matt. But I can only show you the door. You&#8217;re the one that has to walk through it.</p>
<p>The Matrix is a system, Matt. That system is our enemy. But when you&#8217;re inside, you look around, what do you see? Businessmen, teachers, lawyers, carpenters. The very minds of the people we are trying to save. But until we do, these people are still a part of that system and that makes them our enemy. You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on <strong>the system</strong>, that they will fight to protect it.</p>
<p>But the fact is Matt, that The MATRIX is not sustainable.  It almost collapsed between the third and the last quarter of 2008 when it was oscillating so badly just from the force of its own weight fighting the gravity like force of economic Natural Law.  So what did The Fed do to stabilize the Matrix?  They printed more money and gave it out to their cronies in the big banks, big corporations and markets, which will result in the greatest sugar high the world has ever known over the next few months as the result of many TRILLIONS in freshly printed ink on dollar paper that isn’t even dry yet.  The fact is that “the powers that be only extended the life of “The Matrix” so that they would have some time to bolster other forces that will be needed to maintain control over us millions of taxation batteries that provide them with the ultimate power and money of this world.  Forces like the “Civilian Defense Force”, Czars, and all sorts of BIG BROTHER high tech apparatus they need to maintain control over us.  The bottom line is that The Matrix (our economy) will utterly collapse in “less than” three years.</p>
<p>Your thinking that we have all the money in the world, which is what has been programmed into your mind, is what has led us into this entire mess.  Trust me, health care reform, as the U.S. Government is planning, will do nothing more than:</p>
<ul>
<li><strong>·         </strong><strong>Expedite the collapse of The Matrix through the application of more I.O.U.s in the form of NOTES being sent into The Matrix to pay for it.</strong></li>
<li><strong>·         </strong><strong>Result in all of us Americans becoming more and more and more “dependent” on “The System” so that when the time comes, Obama can deliver his “<a href="http://captkarl.blogivists.com/2009/09/16/one-world-order-to-come-after-economic-boom-leads-to-black-friday/">Final Ultimatum</a>” with more confidence due to our lives being even more corralled in Government dependence than they already are.</strong></li>
<li><strong>·         This is a trick, a trap that the Federal Reserve Bankers and the U.S. Government is trying to set on us, to beguile us deeper and deeper into dependency like a drug &#8220;Pusher&#8221;,</strong> <strong>before the Matrix collapses. </strong>Ever hear of the song &#8220;The Pusher&#8221; by Steppenwolf? Well the grass smoked and pills popped, in this case, is all the so-called &#8220;free stuff&#8221; drugs from The Government Pusher and &#8220;The MATRIX&#8221; of The Fed.  You might like to hear that song right about now so you know what to think about our U.S. Pushers in both Houses of Congress and The Administration trying to get us even more hooked on the elicit drugs of Government dependence, &#8220;free stuff&#8221; and &#8220;The MATRIX&#8217;, which are far more costly to our lives than we can bear.  I say G** Damn The Pusher(s)!</li>
<li><strong>·         </strong><strong>There will likely be more tricks like health care that will make all of us more dependent on Government before the collapse of The Matrix so that Obama can feel more confident that he can get a vast amount of the American public to go along with the New One World currency followed by a New One World Order where we have nowhere on Earth to run from the AGENTS of the IRS (The Matrix) and absolute tyranny.</strong></li>
</ul>
<p><strong>And So Matt, in the final analysis, the reason why the U.S. Government wants to pass the Health Care Bill is to make us as dependent this and other financial drugs like a damn PUSHER, before the Matrix collapses and they lose their power.</strong></p>
<p><strong>God help us!</strong></p>
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