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The Fed owns you. F**k the Fed!

From the Political Party Pooper Play Book (P4B)

So far, I’ve been plucking the low-hanging fruit. The truth of each post is painfully obvious. And there is plenty more of that be had. I’ll get to all of it before Election Day.

But there are one or two BIG, somewhat complex issues that will require you, if you’re a responsible adult, to do a little reading or research to fully understand. It is possible that many of you already know this stuff; perhaps better than I do. (Wait. Let’s not get carried away here.)

To the threat:

I want you to sit at your laptop and cup your hands together tightly over the keyboard. Have someone fill your hands with water. Now without spilling a drop, type a comment to this post.

Stupid, right? I hope no one tried it. If you did, there’s no point in you reading any further. You’re beyond help.

Well, that type of trick has been what the GOVERNMENT SAYS is the primary mission of the Federal Reserve. Keep inflation at bay while keeping unemployment low. The two are opposing forces. Left alone without interference they oscillate against each other in a healthy fashion. You have cyclical price increases and decreases. But you don’t have a constant state of inflation, a la Fed.

Recently, the Joe Duh Regime announced that they are ‘requiring” the Fed to add “creating equity in outcome” for minorities. You know who they are. They are the people the Joe Duh Regime thinks are too stupid to compete in the world without Mommy Government protecting them. I’m pretty sure Morgan Freeman, Charles Payne and Candace Owens, among millions of other “minority” people, would laugh at that.

So, from the cheap seats, the Federal Reserve is a benign creature created to look out for your interests.


 

 

 

Learn to laugh at yourself!

Get your Street Politics and P4B gear here!

 


Well, boys and girls, it’s not.

In order to truly understand this YOU MUST read The Creature From Jekyll Island, by Griffin. This is a heavily documented history of the Fed from it’s founding. What you will read will astound and infuriate you. The Fed, our equivalent of the Bank of England and the European Central bank, is a creature created to seal in concrete the power of our Central government. It also provides them the luxury of throwing away money, recently many trillions of dollars; to create the illusion they are giving you things. This keeps the unwashed away from the palace gates; keeps you numb nobodies sedated with ever depreciating money.

If time is an issue, there may be a good version of Cliff Notes for Creature. The ones I’ve seen online are pretty lame. No explanation of terms, etc. But read it!

People think the Fed is answerable to the government. That’s how it was sold to congress to create it. It is actually a conglomeration of powerful banks that hold an unacceptable amount of power OVER the government and utterly over YOU.

There are others who hold Fed shares, but the big Fed powerhouses are Bank of America, JP Morgan, Citigroup and Wells Fargo. (It would be worth checking to see if Blackrock and Vanguard hold shares, considering what I posted here.) If they were the least interested in the common good that would be great. But they are not. They are interested in their bottom line, first, last and always.

Jefferson and Madison fought against establishing the first central bank because they knew from experience that ALL governments eventually treated central banks as money presses. They would abuse their offices to create mountains of debt, foisted on the people. It is a certain path to permanent inflation and a speculatory nightmare. And they were right, of course.

It’s a threat to liberty and our republic. You’ll see why in just a bit.

The book details how the Fed loans the United States and other countries insane amounts of money. How the loans are abused and how they are almost NEVER paid back. The big banks running the Fed don’t want the loans paid back for two reasons.

  1. Fractionalized Lending. The Fed, like all banks, with a bookkeeping trick, loan the same billions – or now trillions – of dollars over and over again. If you take out a loan at your bank the credit is based on the same money that has been loaned out again and again. That is why they don’t want you to ever actually pay it back. They just want you to service the interest for as long as they can possibly drag it out. So long as you do that, they have income and they own the underlying asset you borrowed against. The Fed operates the same way. And who knows how many times the times the loan money has been fractionalized. Because the Fed has never been audited. The government has no power over the Fed. They presently hold all the power over the government. And the Fed is perfectly happy to see our government and all governments just service the debt because it is ALL income for the bank. None of the loans, except for the first loan on the first non-fractionalized dollar, represent a loss for the Fed – the big banks. It’s all money in.
  2. When the government borrows money from the Fed it is printed or created digitally with absolutely no value behind it whatsoever. Every penny is fiat money. Every dollar printed devalues every dollar you earn or have. That is why the Fed NEVER loses. In fact, they will happily refinance your debt and put you in deeper hock to them. IT’S ALL INCOME.

Why do you think refinancing YOUR loans is a service advertised online and on TV? They don’t want your house and they don’t want the principal to be paid back. They want an unending stream of cash. And they hope you live a long and healthy life. Because when you croak the estate liquidates all debt. The bank’s loan is paid off. And that is what they fear.

Because of fictionalized lending, assuming your loan was the ninth on the books for those particular dollars, all but 10% of the money returned against principal vanishes. It’s gone as if it never existed. Poof.

It is impossible to know how many times the Fed has chopped up (fractionalized) the money it lends. Considering the insane amount of money that has gone out in loans over the last decade, tens of trillions, if they were only slicing and dicing 6 or seven times per dollar lent, I think our inflation rate would be approximately a gazillion percent per year. But it is not.

What happens if our dollar get so weak (Joe Duh is working on it) that nations realize they can pay of their debts or refi with China or the Saudis and let them pay it off?

Ruh-roh Shaggy!

That money only exists as a U.S. Bond. Do you think the executives at the big banks are going to take it on the chin and hand back their salaries when the money goes POOF? That wouldn’t even solve the problem. No, they are going to keep every dime.

Consider the 2008 crash. The bigs were up to their eyeballs in crap debt created with all this easy money. They decided to make some extra skim off of debt and started a casino making chips with worthless paper bundled with good stuff. The chips were called collateralized debt obligations (CDO) and credit default swaps (CDS). The dumb and the greedy couldn’t get enough of the game. The cautious thought they could use them as a hedge or a write-off. The smart few realized the chips were dangerous and they could see the end coming.

When people started calling out this activity, Glenn Beck was ahead of the game in the media, the chatter on the business channels was, “Well, It’s just big investment firms and whales playing hot potato with some shitty paper. It’s not like they are selling these things to Joe Six-Pack.”

Then, after a year of warnings from the observant, a couple of firms ended up with more of this garbage on their books than the entire net worth of their corporations. Boom.

The reason they had all this funny money and bad debt washing around can be traced back to the policies and practices of the Fed. Hey, the players were just imitating the Fed’s insane, irresponsible behavior.

What should have happened was too painful to consider.   You were told that if the banks and whales were permitted to go belly up then everyone would go broke. True, a lot of people would have taken a 1929-like hit.   But that is and was recoverable in an environment where the government and the big banks aren’t taking warm showers together all the time. It was true in 1929 and it was true in 2008. It will be true again, when they tell you it’s not. And that’s right soon. Soldier on.

So instead of letting the all the big guys go under, the government scared you with the Depression boogieman and set about making their rich friends whole. And instead of freezing the Fed and going in and auditing ITS practices, they green lighted them to print every dime needed to bail out the players at the casino. The result was huge losses for you, foreclosures among you or your friends while the players were made whole or nearly whole. It cost only $1trillion…because they all knew that was just the down payment.

Then for the next ten years the Fed held a fire sale on easy money. The players kept grinding while the rest of the economy limped along at about 1% growth.

It’s worth noting two important things here: 1. To this day the Fed still loans TRILLIONS all over the world like it was day one of the 2008 crash. A tiny fraction will ever be paid back. 2. CDOs are still a multi-trillion dollar game. But now it’s more like a money laundering scam than a mortgage scam. Hell, the government buys all the worthless mortgages now along with the good ones. And get this!  They do it with money from the Fed! You can’t make this stuff up!

It’s time to audit the Fed or end the Fed. Or both. Every time someone calls for that (Senator Rand Paul is one) the propaganda machine goes into high gear saying that we could mess up the economy if we do that. And how dare anyone suggest that the Fed would do anything to harm Americans?! Why, they are a sort of…half government…helping…patriotic…critical…ya know, the thing!

May I remind you the Federal Reserve is a band of large banks, still players all, in the casino. And THEIR interests are their only interests. Where their interests meet ours, fine. Where they collide it’s, “fuck you, we have politicians to control and empires to expand.”

It is further worth noting that your economy is collapsing around your heads. This is because, and this is just one example of MANY, the government and the Fed are printing money at an alarming rate to finance crony “green” projects. The projects will NEVER work as advertised. So, why do that, right?

Well, the big players, including Fed members have positioned themselves to get this money handed to them. Blackrock and Vanguard will get a lot of that money too. With some of it they will build windmills, hundreds of millions of acres of them. They’ll keep the rest of the money. The windward turbines, on any given farm, when the wind is actually blowing, will work. The leeward on those huge farms, from the second row back, meh, not so much. The ones at the back, ziltch.

What? Did you think the big banks and investment firms were doing this because they care about “green” energy and our precious environment? Hah! You kill me. They don’t even care if these things work. Think Solyndra, but on a multi-trillion dollar scale. All financed by the same guys (Fed members) who will be making all the money!

But they won’t lose anything on the other end when the whole thing fails. No, no! They will set up shell corporations or find a few suckers to build these tinker toys. They will “LOAN” some of the trillions, they gave to themselves, to these companies. When the wind farms, by that time covering an area wider than 5 large Midwestern states, fail…well the shell company declares bankruptcy. Now no one owns the rusting worthless hulks. They sit and rot. Problem solved…for the Fed members and other environmentally patriotic players at the casino.

As I said, the “green” thing was just an example.  There are thousands of schemes in constant motion maintained by your tax dollars that don’t make the taxpayer a single dime. In fact, we invariably lose. They are all orchestrated by the Fed, cronies and their political whores.

It’s time to put a leash in the Fed. 65.

People to be screaming at: Find your Republican SERVANTS on this link.  CALL them and tell them to get hot on this NOW!  Hell, call the Dems too.  You might find one or two who won’t get loose stools over it.


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The New Mask Mandate: Obey Bitches!

Okay, kids, let’s get something straight.  There is nothing coming from the Joe Duh Regime that is on the level. The most recent misdirection is the new mask mandate.

There is no science behind it.  The truth of this is in their defense of it.  The Regime says we need masks back because of the “Delta Variant”.  How does bringing back the mask help with that?

When ordering a test for Covid, the doctor doesn’t say, “and make sure they test for the Delta variant.”  NO! That test doesn’t exist.  We don’t know who is getting the variant – or if it’s even really exists for that matter.


Cool gifts for cool people

 

 

 

 


As for Covid generally, we all knew that when masks mandates were lifted we would see an increase in positive tests for the virus along with new people getting sick.  That was acknowledged by everyone who isn’t a drooling idiot.

But with vaccines up to the 60% range, millions and millions already having antibodies, it was understood that masking was a matter of personal risk assessment – as it should have been from the beginning.

The bottom line is Joe Duh and his handlers needed more distractions, along with the pretend Jan 6 investigation to keep you from thinking about real stuff like the border invasion and the $6T debasing of the currency they are continuing to push.  Don’t look there.  Just put your face diaper on and shut up.

’tis his honesty that brought upon him the character of a heretic.

Benjamin Franklin

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This Is What Being Chumps Feels Like (Apathy 2)

We are all being played for chumps.   Let me rephrase that.  Most of you are being played for chumps.

Now, point at yourself and say, “Who, me?”

Yes, you.  There is better than a 66% chance I am addressing a chump right now.  And you’re a chump because you suffer from the apathy I spoke of last week.  I exclude myself because I, and a few of my fellow citizens, actually are paying attention and refuse to be played.  If that makes me an elitist in your eyes, so be it.  It’s hardly true, but I couldn’t possibly care less.  If you are one of the few who see what is happening or if you are the type of person who gets involved and writes their representatives, you are on my side of the equation, even if you disagree with this post.

We just ended the most ridiculous week in politics since the passage of Obamacare.  Yes, even more embarrassing for the country than the last election.

The Republican led legislature (happily) failed to get the Obamacare “Repeal and Replace” bill to a vote in the House.  But they tried their best, most knowing there would be no consequence to them either way – because you’re a chump.  They know you believe the myth that you have the good Reps and Senators. My Senator said so himself.  It’s all those other Congressmen that are ass hats, right?

So you can just go about your business.  Nothing to see here.  Don’t check on what these phony “liberals” and “conservatives” are doing inside the Beltway.  You just keep your brackets straight and make sure you catch the next zombie show on TV.

Let me break all that down for you.

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Also from Street Politics:

Right Hook! 11 Must-Reads for the Politically Mature

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Flimflam #1

Labeling.  What was before the House this week was not a “repeal” of anything.  This was a classic example of how government programs, no matter how temporary or worthless, tend to gain immortality.

The Republicans created a bill that kept the class envy, bureaucracy, income redistribution, corruption and almost all the financial burden on the Makers intact.  The plan was to hype how they would dicker around the edges of the worst law in American history and claim to have “replaced” it with a wonderful new law.

Of course, their proposal did no such thing.   They left all the backbone in place for the system to be completely restored by the first change in government.

Why?  Because they want the same thing the Dems got from the bill when it passed to begin with.  With the cash subsidies, Republican can throttle it either way, giving the Takers more or less depending on what they needed in the way of votes.  “Look at what I’ve ‘given’ you,” they’ll exclaim next election.  “I increased your money from the government by XX%!  Am I not a generous, moderate Republican?”  OR  “Look at the money (2 or 3% of growth) I cut from that terrible subsidy! Am I not a great conservative?”

The ACA and the AHCA give both Dems and the GOP several avenues through which to scam money from companies, and votes from the chumps.

Flimflam #2

Phony Strength.  Once again, for the fourth time since 2010, when Republicans claiming the mantle of “conservatism” were elected to office, they opened their argument with a 75%+ give away to the opposition.

In the case of some (Trump is at the top of the list) this is just a display of their complete ignorance of how the free market works and what conservatives truly believe at their core.  For others it demonstrates clearly that those in control of the GOP in Congress are NOT conservative.  They are opportunists, as devoid of principles or interest in what is good for the country and the economy as Chuck Schumer or Nancy Pelosi.

These people don’t want affordable health insurance.  They don’t care about that.  They want control, pure and simple. By keeping things like the tax on “Cadillac plans”, the Republicans are fighting the Democrats by BEING Democrats. Idiotic!

(The term “Cadillac Plan” is a Democrat canard for insurance plans that successful people are willing to pay for, putting more money into the overall insurance pool.  Keeping the tax in place plays on class envy and discourages participation in the plan.  This shrinks the amount of money in the associated insurance pool.  Way to go, geniuses!)

I’ll do just one more example, but I can go on for hours.  You can even see other parts of a valid argument on the subject here.

Flimflam #3

Binary Choice:  This is the third time in the last 12 months we’ve seen this term thrown around.  The first was when the media hyped Trump and Clinton for a year, instructing you (the chumps) that you only had two choices.  Being drones of whatever the TV tells you, you believed that out of the original 21 candidates running for president, you could only choose from two, no matter what.  To make an intellectual decision on your own would spell the end of civilization as we know it.

And you bought it!

Then near the end of the general election, when both leading candidates had demonstrated how lacking they were in either scruples or basic intelligence, you were once again schooled by the talking heads that you only had two choices to pick from. Never mind the other candidates.  We, the media, are not covering them.  Therefore you have no choice but to listen to us.  And don’t you dare research these candidates on your own.  A vote for X will cause unworthy candidates Y or Z to lose and you don’t want that, do you?

And you bought it again!  You ACTUALLY bought it again!

I’ve made this point before and it is proven here in stark numbers.

There is an old adage I picked up during my Navy days.  “Once learnt, twice burnt. Three times, a sucker.”  And this week was your third time.  “There is only a binary choice,”  they keep telling you.  There are no other choices out there.  Congress must vote to keep Obamacare or vote for keeping 75% of Obamacare plus the expense of rewriting and enforcing the new regulations.

But the only reason there was only such a choice was because that is how the “leadership” arranged it and how the media sold it for them.  They could have actually created a real plan, starting from pure free-market principles and allowed real debate and amendments to occur before trying to cram the bill down everyone’s throat as Obamacare did.

They could have explored the infinite number of choices which debate would have provided.

They could have started from a position of strength instead of starting from a 75% Democrat position.  They would have had the GOP in both houses locked down in favor of the bill.  Then the destruction of our economy, if it occurred, would have been on the heads of Democrats.  They get that.  They’re dishonest, not stupid.

They could have forced the Democrats to try and defend Obamacare in the face of outrageously high costs to the Makers in our society.  And the Dems would have lost that argument.

Trump would have gone along with this.  He wouldn’t have known good from bad anyway.  He’d have supported that looked like a campaign promise being kept without argument.

But NO!  Only what Paul Ryan and a few other skeezy politicians say are the choices – are the choices. “It’s a binary choice”.

And from all appearances, it would appear you are going to happily eat this shit sandwich again!

Here’s the Chumpiest Part

And they continue to get away with this because they are 100% certain that you are either ignorant of the way they are supposed to do their jobs, or you are totally disengaged and won’t even notice them scamming you yet again! Or both!

Hell, one of the biggest complaints the GOP had about Obamacare was the centralization of power it created and the heavy hand of regulation over legislation involved (2700 pages of law and almost 30,000 pages of regulation by the executive branch).

And what does Ryancare do?  It leaves two thirds of the law untouched, passing responsibility for making new healthcare “regulation” (read changing the law) to the dictates of the Executive Branch and HHS. 

A few moments of critical thought will destroy even the arguments Ryan makes about it on his own web page.

For the truly slow, HHS would have written those regulations in such a way as to protect their share of power.  Bureaucracies are inherently bound to protect themselves, not work for a greater good.  You would have seen a whole new, big-government side of Tom Price, I can assure you.

So, would someone explain to me again why we elected Ryan speaker and how Trump is a conservative?  From where I am sitting, both notions are preposterous.

Thankfully, we now have a clean slate from which to start and we can still purge the government from the health insurance business.  If we can succeed in doing that, we will see premiums drop into the basement.  Half the people who were moved onto Medicaid by Obamacare won’t need it.  In fact they’ll prefer a market driven policy to the garbage the federal government doles out.

But that will only happen if you join me in calling on your reps to introduce new legislation.  The final lie is that this was our only chance.  What horseshit!  They can deal with Obamacare any time they wish to and as many times as it takes.

C’mon!  Talk to your reps! A phone call.  An email.  You can do it.  Get back in the game!

Matt Jordan is the author of Street Politics: It Ain’t Your Daddy’s GOP Anymore! 50% of all proceeds go to Jeff Kerr and his team at the Colonial Crossroads event to fight Multiple Sclerosis! Be sure to get your copy! Just click on the book!