News-in-Transition

24 February 2016

 - The war on cash has been waged through mainstream propaganda outlets, TV advertisements and even children’s games.

We’ve heard cash is dirtied by drug dealing, tarnished by terrorism, tainted by tax evasion (heaven forbid!) and just plain dirty. Not to mention sooooo outdated.

Just this week Norway has jumped aboard the cashless society agenda with DNB, the country’s largest bank, calling for a total end to cash. The story only sounds shocking only to people who haven’t heard the similar stories from Sweden or Denmark or India or Israel or any of the dozens of other countries whose banksters and (bankster-controlled) governments have openly lusted after a world of completely trackable, completely bank-controlled transactions.

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13 July 2015

- We have governments run by Bankers. They have created more than a quadrillion dollars in liabilities which are supported by only $73 trillion in annual production. Of course that $73 trillion is inflated by trillions of dollars in war materiel that do not add to our individual wealth.

The economy has been contracting in real economic terms when you deflate for inflation. The bond and stock markets will collapse and very few will be able to sell and cut their losses.

My conclusion is that we ought to arrest the Bankers and to seize their assets to fund worldwide Debt Cancellation. To fund Debt Cancellation through inflation would shift all of the burden on to the middle and working classes while leaving our corrupt governments and the Bankers above them in control of our lives. Of course a billion people would die either from starvation or in Food Riots and Rebellions.

As I said, the only painless way out of this Depression is through Debt Cancellation paid for by asset seizure from the Bankers.

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27 November 2014

While 49 state treasuries were submerged in red ink after the 2008 financial crash, one state’s bank outperformed all others and actually launched an economy-shifting new industry in the midst of a national financial collapse led by the major banks.

It is more profitable than Goldman Sachs Group Inc., has a better credit rating than J.P. Morgan Chase & Co. and hasn’t seen profit growth drop since 2003. Meet Bank of North Dakota, the U.S.’s lone state-owned bank, which has one branch, no automated teller machines and not a single investment banker.

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14 April 2013

 - Let’s not forget about the stunning ruling made in the USA in August of 2012, that once a person deposits their personal money in the bank, the bank is free to do with whatever it wants to do with the depositor funds including covering their bank losses, engaging in risky investments and presumably, even stealing the funds. The same ruling has been clandestinely passed in many other countries around the globe, and there is no bank anywhere that can be fully trusted.

So get your money out of the bank immediately. Leave just enough in the bank to pay bills. Buy a fireproof safe and install it in a secure and hidden location within your home. Do not keep anything in a safety deposit box because very soon it will become the property of DHS.

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3 April 2013

 - The biggest emerging markets are uniting to tackle under-development and currency volatility by dumping the Euro and setting up institutions that encroach on the roles of the World Bank and International Monetary Fund.

The leaders of the so-called BRICS nations -- Brazil, Russia, India, China and South Africa -- are set to approve the establishment of a new development bank during an annual summit that began today in the eastern South African city of Durban. They will also discuss pooling foreign-currency reserves to ward off balance of payments or currency crises.

“There’s a shift in power from the traditional to the emerging world. There is a lot of geo-political concern about this shift in the western world.”

The BRICS nations have combined foreign-currency reserves of $4.4 trillion and account for 43 percent of the world’s population.

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2 April 2013

 - The U.S Dollar is quickly losing its status as the world reserve currency.

Australia has now joined a growing list of nations that have agreed to bypass the dollar in bilateral trade with China. China has similar agreements with Japan, Brazil, India, and Russia.

Although unilateral agreements have been in place for some time between China and the countries listed above, last week the BRICS (Brazil, Russia, India, China and South Africa) agreed to set up a development bank to compete with the IMF, indicating it's gearing up to compete in a post-dollar world.

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22 October 2012

 - A revolutionary paper by the International Monetary Fund claims that one could eliminate the net public debt of the US at a stroke, and by implication do the same for Britain, Germany, Italy, or Japan.

The IMF reports says the conjuring trick is to replace our system of private bank-created money with state-created money. We return to the historical norm, before Charles II placed control of the money supply in private hands with the English Free Coinage Act of 1666.

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