WIFLI October 13 – 19 2013
Kurt Nimmo nicely summarizes October’s first 16 days in American politics with this title, “Yawn. Government Non-shutdown Ends.” An examination of the government’s own figures shows that only 17 % of the government actually did shut down.
Which 17%? The 17 that caused Americans to lose access to services despite the fact that the government itself would lose revenue doing so. “Tasked with selecting which functions of government should be shut down, the Obama administration created a firestorm of negative publicity this week when it ordered rangers to barricade otherwise fully accessible public areas in Washington, including war memorials. An angry Park Service ranger indicated to Washington Times columnist Wesley Pruden that there is a political motive behind the closure of the open-air memorials. “We’ve been told to make life as difficult for people as we can,” he said. “It’s disgusting.”” http://www.wnd.
As you may recall the government shutdown occurred because America had reached its debt limit and could no longer fund its liabilities without raising the debt ceiling. You would think under the circumstances that expeditious movement and rapid resolution would be the order of the day. Not so.
According to Standard & Poor’s the US government opted instead to rack up a $24 billion price tag for its 16 days of political jousting. “The financial services company said the shutdown, which ended with a deal late Wednesday night after 16 days, took $24 billion out of the U.S. economy, and reduced projected fourth-quarter GDP growth from 3 percent to 2.4 percent.” http://swampland.time.com/
The spiteful action of closing the National Parks cost the government $76 million in daily revenue and about $3.1 billion in lost government services.
Feeling sick yet?
Unsurprisingly Obamacare was at the heart of the logjam. This is because Obamacare is an economic time bomb about to explode on the American middle class. It is so costly that much of the disastrous rollout of healthcare.gov was due in large part to the government not wanting people to see the likely costs they would incur before signing up.
“. . . Obamacare’s bevy of mandates, regulations, taxes, and fees drives up the cost of the insurance plans that are offered under the law’s public exchanges. . . . [O]n average, the cheapest plan offered in a given state, under Obamacare, will be 99 percent more expensive for men, and 62 percent more expensive for women, than the cheapest plan offered under the old system. And those disparities are even wider for healthy people. That raises an obvious question. If 50 million people are uninsured today, mainly because insurance is too expensive, why is it better to make coverage even costlier?” https://shiftfrequency.com/
Remember the Titanic? Slowly At First, Then All At Once
This most recent budgetary action removes the American debt ceiling in its entirety and provides the government from October 17 through February 2014 to figure out how to continue to break all economic laws with impunity. “Starting now, the Treasury Department is allowed to issue as much debt as needed through Feb. 7. There is no specific number for debt limit.” http://www.nytimes.com/2013/
Is it, therefore, any wonder that “America’s dominance is coming to an end”? Simon Black points out “[n]early every piece of objective evidence points to this conclusion – from the US government’s absurdly unsustainable finances to the worldwide backlash against their desperate spying tactics.” https://shiftfrequency.com/
Indeed, if things continue as they are this will be the inevitable consequence of the 100 year rape and pillage of the American people by the privately-owned Federal Reserve bank and the NWO minions masquerading as American patriots. With the most recent exception of JFK (there were others), these traitors have worked hand in hand with the banking establishment to extract America’s wealth by every means possible, to destroy the Constitution, and reduce this nation from first to third-world status. This destruction of America is required prior to the hidden cabal assuming unlimited control through global economic and political dominance.
We’re now witnessing what Wendy McElroy calls an “alarming lack of pretense in politics.” It seems the American political establishment is signaling its admiration for the bankster class to whom it is indebted. “Politicians steal a fortune in salaries, hidden perks, pensions, and benefits. This is on top of the ego-bulging power they enjoy.” But “[t]he mask is falling. America is returning to the Boss Tweed approach in which blatantly self-serving motives are hardly concealed.” https://shiftfrequency.com/
All Is Not Yet Lost Though Saving America (And The World) Will Require A Shift In Allegiance To The Rule Of Law
International law defines “odious debt” as an illegitimate debt incurred by regimes for purposes that do not serve the best interests of the nation. “. . . When a despotic regime contracts a debt, not for the needs or in the interests of the state, but rather to strengthen itself, to suppress a popular insurrection, etc, this debt is odious for the people of the entire state. This debt does not bind the nation; it is a debt of the regime, a personal debt contracted by the ruler, and consequently it falls with the demise of the regime.
The reason why these odious debts cannot attach to the territory of the state is that they do not fulfill one of the conditions determining the lawfulness of State debts, namely that State debts must be incurred, and the proceeds used, for the needs and in the interests of the State.” [bolding mine]
https://shiftfrequency.com/
No one in h/er right mind can argue that the derivatives debt held by the banks is the American people’s debt. “The latest quarterly report from the Office Of the Currency Comptroller is out and . . . it presents in a crisp, clear and very much glaring format the fact that the top 4 banks in the US now account for a massively disproportionate amount of the derivative risk in the financial system. Specifically, of the $250 trillion in gross notional amount of derivative contracts outstanding . . . among the Top 25 commercial banks (a number that swells to $333 trillion when looking at the Top 25 Bank Holding Companies), a mere 5 banks (and really 4) account for 95.9% of all derivative exposure (HSBC replaced Wells as the Top 5th bank, which at $3.9 trillion in derivative exposure is a distant place from #4 Goldman with $47.7 trillion).” http://www.zerohedge.com/
And that’s not all, folks. “The audit of the Fed’s emergency lending programs was scarcely reported by mainstream media – albeit the results are undoubtedly newsworthy. It is the first audit of the Fed in United States history since its beginnings in 1913. The findings verify that over $16 trillion was allocated to corporations and banks internationally, purportedly for “financial assistance” during and after the 2008 fiscal crisis.” [bolding mine]. http://www.forbes.com/
Given the fact that obligations of the United States treasury were increased by $700+ billion in 2008 to bail out American banks, and loans in excess of $16 trillion were allocated from the United States Federal Reserve to international banks and corporations it should be apparent that the indebtedness of the United States is not derived from its people but rather from “too big to fail” banks and international corporations. This $16 trillion 700+ billion bailout price tag makes the annual amount of $76 billion to provide jobless Americans with food stamps seem like chump change.
Given these facts one can’t help but ask why the Attorney General of the United States has not seen fit to use every legal means at his disposal to end this financial tyranny. Answer? Because this is no longer an American government of, for, and by the people.
© 2013 Gillian Grannum