Iceland, Debt Jubilee & Media Blackouts


Source: GizaDeathStar.com
Dr. Joseph P. Farrell Ph.D.
May 10, 2017

When was the last time you heard about Iceland?

Remember them? The people in the small country on a large volcanic rock in the northern Atlantic Ocean that rounded up their bankers, through them in jail, and declared a debt jubilee?

I have to admit, that I haven’t heard about them recently either, until Mr. B.H. sent along the following article, and there are a couple of things that caught my eye and fuel my imagination. As always, my approach here is “assume this story is true” for the sake of some high octane speculation of the day:

All Debts Of Island’s Population Are Forgiven By The Government

Now, of course, the first thing that caught my eye was the fact that, apparently, there’s almost a complete news media blackout in the USSA by the corporate controlled media, and of course by implication, the major search engines:

As good as an approach that this is it is now being alleged that the US Rothschild Controlled Media has apparently completely blacked out any news involving Iceland’s debt forgiveness. Attempting to search Iceland’s mortgage debt forgiveness only leads to about 359,000 search results with none of them being from the United States. Neither major or minor news outlets mention a single word about Iceland’s decision.

Now, of course, we don’t know for certain how much, if any, debt the Rottenchild network held in Iceland, but we take the point: someone somewhere doesn’t want anyone looking at Iceland. We all know why, for I suspect few readers of this website would contemplate the picture of a Darth Soros, or a Rockefailure, or a Rottenchild behind bars with anything less than a smile on their face. The same, I suspect, holds true for the current crop of “associates”, the Geitners, Yellens, and Draghis of the world. Probably, someone, somewhere, is leaning over a table with their beer or coffee talking to someone else and wondering how these people can be Dominique Strauss-Kahned.

The idea of a debt jubilee itself is slowly and steadily gaining strength. And it’s an idea worth considering, for recall, its origins stem from Mesopotamia (as I outlined in Babylon’s Banksters), when private debts grew to the point that they could not be repaid. This led to the jubilee year and the ceremony of the “Breaking of the Tablets”, when the king would ceremonially break the tablets containing contracts and debts. The reason? When debts could no longer be repaid, people simply left the country to start over somewhere else.  Now, however, in the wake of the bubble-bailout cycle that culminated in 2008, we’re told that the derivatives alone represented over 14-17 quadrillion dollars, several times more than the domestic product of the entire planet. It’s a nice way for the Rockefailures Soroses and Rottenchilds to enslave several generations.

But there was another statement toward the end of the article that caught my eye, and that fuels today’s high octane speculation. It was this:
The US government apparently owns 96% of bad loans, while major banking only owns about 3% of bad loans. This poor allocation leads to US government guaranteeing to collapse, while big banks stay rich and do not have to worry about ever foreclosing on themselves.

I couldn’t help but think of former Housing and Urban Development assistant secretary Catherine Austin Fitts’ model of rolling out the new financial system, which she has described as the “financial coup d’etat,” wherein all the liabilities were moved off the books of the banks, and into the public (government) sector, while all the assets were moved from the latter to the former.

Nifty, huh?

Ok, so what? Where’s the high octane speculation in this? Well, try this on for size: imagine you want to sell the idea of a completely cashless society (which of course, really isn’t cashless, it’s merely a way of protecting your currency issuance central banking cartel). How would one sell the idea? Through a debt jubilee: use our system of blockchain or virtual currency, and all  your debts are forgiven. Only those continuing to use cash will have their debts retained. The “reset jubilee” button coupled to cashlessness… really, if one thinks about it, it’s an interesting way to get rid of all that “bad paper” on the ledgers, and I wouldn’t put it past them.

Read More At: GizaDeathStar.com
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About Dr. Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and “strange stuff”. His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into “alternative history and science”.

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Dr. Farell Analyzes New Legislation Considered In Texas, Gold, Silver, Bretton Woods, Cashless Society & More

Source: GizaDeathStar.com
Dr. Joseph P. Farrell
May 4, 2017

The state of Texas is joining other American states in considering legislation to recognize gold and silver coins as legitimate currency; while the revolt against the Fed is growing…there’s a problem… (copy and paste into your browser): http://thefreethoughtproject.com/texa…

More On That Power Outage

Source: GizaDeathStar.com
Dr. Joseph P. Farrell Ph.D.
April 29, 2017

If you’re like me, you probably thought that power outage in New York City, the San Francisco bay area, and Los Angeles, was a little suspicious. As one might imagine, after I blogged about that event, I received a number of emails from people also following the story, some in California, and some in… well, Canada. We’ll get back to that in a moment.

Suffice it to say, that after reading more details about that story, my suspicion meter has slipped from the orange zone into the dark red zone. It’s not quite into the “point of no return zone” but it has definitely crept closer to it. Here’s one reason why, in a story shared by Ms. K.S.:

Hundreds of trucks stuck at Port of Long Beach after power outage

When I read this, the suspicion meter couldn’t help but rise into the lower red zone, for a reason I’m sure you caught, but just in case you didn’t, consider this little admission:

Southern California Edison initially reported it was caused by metallic balloons coming in contact with wires. The utility later corrected that statement, saying there was a different outage in Long Beach that was caused by balloons. The agency is still investigating the cause of the outage at the port. (emphasis added)

Metallic balloons coming into contact with power lines? “Oh, but wait, that was a different power outage. We’re not really sure why the port of Long Beach went down.”

Really?

What kind of “metallic balloons” are we talking about here? Those happy birthday shiny things that are filled with helium that one can buy in a store? If so, then we’re in trouble, folks, if all it takes to tie up a major port and bring down a power grid is someone having a birthday party. And I probably don’t even have to air my high octane speculation here, because you’re probably thinking the same thing already, but I’ll go ahead and do so anyway: suppose someone deliberately wanted to test the vulnerability of the power grid with a simple system: “metallic balloons” with appropriate “stringers” to short several lines all at once. It’s cheap, it’s easy, and would be virtually impossible to prevent, unless the Reichsicherheithauptamt … er… the Department of Homeland Insecurity’s Paranoia Bureau wants to put birthday balloons on the favored weapons of terrorists watch list.

But then Mr. K.H. sent this strange article about about Ontario’s largest supermarket chain experiencing difficulty in debit and credit card clearing, occurring concurrently with the “power outages” which were caused by “metallic balloons”:

Ontario Loblaws grocery stores experience debit or credit card payment outage

Mr. K.H. also indicated that there were difficulties in yest another popular system of clearing and payments operating between Canada and the USA that took much longer to resolve. He raised an important point: there may have been a whole period of time — perhaps a day — of suspicious transactions that had to be “reset”.

In any case, you know me: I cannot resist the temptation to be suspicious of easy – and quite frankly, amusing – explanations like metallic balloons, or explanations in the case of the Ontario credit and debit card clearing difficulty, that amount to no explanation at all.

The question is, are these things all related? Well, my high octane intuition and speculation tells me they may be. I’ve blogged before on this site about the strange way the internet seems to be being reconnoitered by “someone” intent on probing its architecture and weaknesses. We’ve seen the attacks on internet cables in the Bay Area, the Sony hack, Federal Reserve hacks, and so on. Now, it’s metallic balloons and hundreds of trucks stranded in Long Beach. Call me crazy, but I suspect therefore that what we’re looking at is more of the same pattern. The important question, however, seems to be why, what’s the motivation?

And I cannot help but think that there is one thing in this alleged “pattern” that stands out as common elements: digital systems, the power grid, and the complete lack of security of both. It’s almost as if “someone” is trying to send the message, “think again before you move to cashlessness, and have computers running everything.” It’s almost as if someone is trying to draw attention to the vulnerability of the grid.

See you on the flip side..

Read More At: GizaDeathStar.com
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About Dr. Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and “strange stuff”. His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into “alternative history and science”.

It’s Beginning to Smell a Lot Like Totalitarianism, and I Don’t Mean Russia

It’s Beginning to Smell a Lot Like Totalitarianism, and I Don’t Mean Russia
Source: WilliamEngdahl.com
F. William Engdahl
December 13, 2016

If we smell precisely the stench of the totality of steps taken in NATO countries in recent months, especially in the United States and the European Union, we can smell the stench of totalitarian rule or some would call it, fascism, being quietly imposed on our basic human freedoms. Some recent examples give pause for reflection as to where we are allowing our world to drift.

Let’s begin with a most ominous, bizarre, Jesuitical interview that the Roman Catholic Pope Francis gave to a Belgian paper December 7, comparing what he calls defamatory news to what he called the “sickness of coprophagia.” He stated:

QUESTION – A final question, Holy Father, regarding the media: a consideration regarding the means of communication…

POPE – The communications media have a very great responsibility…It is obvious that, given that we are all sinners, also the media can…become harmful… They can be tempted by calumny, and therefore used to slander, to sully people, especially in the world of politics. They can be used as a means of defamation: every person has the right to a good reputation, but perhaps in their previous life, or ten years ago, they had a problem with justice, or a problem in their family life, and bringing this to light is serious and harmful… This is a sin and it is harmful. A thing that can do great damage to the information media is disinformation: that is, faced with any situation, saying only a part of the truth, and not the rest. This is disinformation…Disinformation is probably the greatest damage that the media can do, as opinion is guided in one direction, neglecting the other part of the truth. I believe that the media should…not fall prey – without offence, please – to the sickness of coprophilia, which is always wanting to communicate scandal…And since people have a tendency towards the sickness of coprophagia, it can do great harm.

Coprophilia is defined in the Merriam-Webster dictionary as “marked interest in excrement, especially the use of feces or filth for sexual excitement.” And coprophagia is eating feces by humans, literally, eating shit.

What people precisely, Holy Father, have a “tendency to towards the sickness of coprophagia”? Is this the dominant sickness of the human race? And if not, why do you make such a disgusting likeness between eating shit and citizens who read about politicians and their misdeeds or media that report on same? And who is to judge if factually true dissemination of facts about political figures from their past is relevant or not to help voters judge their character? I would say the comments are a perfect example of what he pretends to condemn.

Were it only a single, off-the-cuff remark by a religious figure, we could dismiss it along with claims such as the papal infallibility declaration proclaimed by the Vatican I on 18 July 1870. However, precisely because of such dogma and of the influence of the Roman Catholic Church and its Pope, notably in the countries of Western Europe, the United States and Latin America, such vague and dangerous remarks ought to be taken seriously as a signal of what lies ahead for the public freedom of speech.

“Fake News”

The papal comments on coprophagia and journalism come amid an explosion of charges in the USA and EU that Russia is planting “fake news” as it is now being called, about Hillary Clinton in the US media by way of certain alternative media. Robby Mook, Hillary Clinton’s former campaign manager, said “fake news” was “huge problem” the campaign faced in the recent US election: “I still think we have to investigate what happened with Russia here. We cannot have foreign, and I would say foreign aggressors here, intervening in our elections. The Russian were propagating fake news through Facebook and other outlets, but look, we also had…Breitbart News, which was notorious for peddling stories like this.”

Online stories that claimed a Washington D.C. pizza restaurant, Comet Ping Pong, was used by candidate Hillary Clinton and her campaign manager John Podesta for child sex, the so-called “Pizzagate” Scandal, is now being used to drum up popular opinion for censorship of the Internet as well as Facebook and other social media. Senior New York Times reporter David Sanger wrote a vague, anonymous “according to senior Administration sources,” article on December 9 under the headline, “Russia Hacked Republican Committee but Kept Data, US Concludes.” What we are seeing is precisely the kind of fake news that Hillary Clinton and the Pope talk about. But it is mainstream establishment media doing the fakery.

The fakery is being orchestrated by the highest levels of the mainstream media in collusion with NATO circles and intelligence agencies such as the CIA, which has saturated the ranks of mainstream media with their disinformation agents according to former CIA head William Colby, who once allegedly said, ““The CIA owns everyone of any significance in the major media.” The campaign will continue, likely with some horrendous stories about some psychopath taking a gun and bursting into Comet Ping Pong pizza place shooting innocent customers, because it was said he read in alternative media fake news about the pedophile ring. That already took place, but the man fired no shots. The population is being manipulated to accept extreme censorship of internet and other alternative media, something unimaginable just months ago.

Like clockwork, the “fake news” campaign has spread to the European Union. After announcing she will run again in 2017 for Chancellor, Angela Merkel spoke ominous words suggesting government censorship of independent “populist” (sic) media might be necessary: “Today we have fake sites, bots, trolls — things that regenerate themselves, reinforcing opinions with certain algorithms and we have to learn to deal with them.” She declared, “we must confront this phenomenon and if necessary, regulate it…Populism and political extremes are growing in Western democracies..” Her remarks came after Google and Facebook cut off ad revenue to what they declared to be “fake” news sites.

In the EU, especially Germany, populist has an implicit negative or even fascist connotation as in “right-wing populist” parties who oppose Merkel’s open door to war refugees policies, or who these days oppose almost anything her heavy-handed government puts forward.

War on Cash

Now if we begin to see stealth propaganda preparing us to accept severe clampdown on the one remaining free media, the Internet and related social media, we can also see an equally ominous, indeed, totalitarian move to create acceptance for the idea we give up the right to hold paper money, giving private, often corrupt, banks total control over our money, and in turn giving government agencies total control over where we spend for what.

This is the so-called cashless society. Arguments put forward are that elimination of cash will be more convenient to consumers or that it will eliminate or greatly reduce organized crime and shadow economy that evades taxation. In the EU, Sweden has already virtually eliminated cash. Sweden cash purchases today are down to just three per cent of the national economy compared to nine per cent in the Eurozone and seven per cent in the US. Public buses don’t accept cash. Three of Sweden’s four largest banks are phasing out the manual handling of cash in bank branches. Norway is following the same path.

In France today, it’s now illegal to do cash transactions over €1,000 without documenting it properly. France’s finance minister Michel Sapin, in the wake of the Charlie Hebdo attacks, blamed the attacks on the ability of the attackers to “buy dangerous things with cash.” Shortly after the Hebdo attacks he announced capital controls that included the €1,000 cap on cash payments, down from €3,000, to “fight against the use of cash and anonymity in the French economy.” In high-inflation Eurozone €1,000 is not a huge sum.

Even in conservative Germany, a leading member of the Merkel coalition proposed to eliminate the €500 note and capping all cash transactions at €5,000. Some weeks later the European Central Bank, where negative interest rates are the order of the day, announced it would end issue of €500 notes by December 2018 arguing it made it too easy for criminals and terrorists to act.

And in the United States, as the campaign to sell skeptical citizens on cashless digital bank payments increases, JP Morgan Chase, the largest and one of the most criminal banks in the US, has a policy restricting the use of cash in selected markets. The bank bans cash payments for credit cards, mortgages, and auto loans; and it prohibits storage of “any cash or coins” in safe deposit boxes. So if you have a rare cold coin collection, you better stuff it in the mattress…

Negative Rates and Cashless Citizens

As long as cash–bills and coins of a national currency–are the basis of the economy, the central banks of the USA and EU as well as Japan, are unable to impose a severe negative interest rate policy much beyond the flirtation today by the ECB and Bank of Japan. If central bank rates were to go very negative, banks would be charging customers the absurd charge to make them pay to keep their cash on deposit or in savings at those banks. Naturally, people would revolt and withdraw in cash to invest in gold or other hard, tangible valuables.

Harvard economist and member of the Economic Advisory Panel of the Federal Reserve, Kenneth Rogoff, an advocate of the “war on cash,” noted that the existence of cash “creates the artifact of the zero bound on the nominal interest rate.” In his 2016 book, The Curse of Cash, Rogoff urged the Federal Reserve to phase out the 100-dollar bill, then the 50-dollar bill, then the 20-dollar bill, leaving only smaller denominations in circulation, much like what the mad Modi has just done in India.

Any serious observer of the world economy, especially of NATO nations in Europe and North America since the financial crisis of September 2008, would have to realize the current status quo of zero or negative central bank interest rates to prop up banks and financial markets is not sustainable. Unless cash is eliminated that is.

On April 5, 1933 President Franklin D. Roosevelt signed Executive Order 6102, “forbidding the Hoarding of gold coin, gold bullion, and gold certificates within the continental United States.” That was rightly denounced by many as outright theft, confiscation of privately held gold, by the Government.

Radical solutions such as done by President Roosevelt in 1933, yet in a monetary order where gold no longer dominates, is clearly becoming more attractive to the major bankers of Wall Street and the City of London. Rather than confiscate citizens’ gold, today the Gods of Money would have to find a way to steal the cash of citizens. Moving to their “cashless” banking, limiting how much cash can be withdrawn and then eliminating cash entirely as Swedish banks are doing would enable tax authorities to have perfect totalitarian control on every citizen’s use of money. Moreover, governments could decree, as did FDR, that cash above certain levels must be taxed under some or another national declaration of emergency.

As such bold, radical moves advance, they would of course be vociferously attacked not on CNN or The New York Times or Financial Times or other mainstream media tied to those criminal financial institutions, but in alternative media. Keep in mind it was the uncritical New York Times and Washington Post that uncritically retailed the fake news that led to declaration of war on Iraq in 2003, namely that Saddam Hussein had weapons of mass destruction aimed at Washington. That war has spread death and destruction of a scale unimaginable. No one complained at the time about that fake news.

The protest over moves to confiscate citizens’ bank holdings would come through alternate, independent media such as Zero Hedge or countless others. Recently, US media uncritically republished a purported list of “fake news” blogs and websites prepared by Assistant Professor of Communications at Merrimack College, Melissa Zimdars. Zero Hedge was on it.

This is not about endorsing or not endorsing any alternative blog or website. It is about the essential freedom of us all to be able to read and decide any and all opinions or analyses and not to have government decide what I am or am not allowed to read. It’s about the freedom to keep privacy about what I choose to buy and not leave a digital trail that my bank could release to the tax authorities or to Homeland Security or the FBI, or sell to profiling consumer operations. Controlling public communication and controlling private money would go a long way to creation of the perfect totalitarian state. Not a good idea, I would say.

Read More At: WilliamEngdahl.com
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F. William Engdahl is strategic risk consultant and lecturer, he holds a degree in politics from Princeton University and is a best-selling author on oil and geopolitics, exclusively for the online magazine “New Eastern Outlook”

Texas Begins Construction On Its State Gold Depository

TEXAS BEGINS CONSTRUCTION ON ITS STATE GOLD DEPOSITORY
Source: GizaDeathStar.com
Dr. Joseph P. Farrell
May 25, 2016

You’ll recall last year I blogged about the fact that the state of Texas had passed a law creating its own gold depository. We, lest you think it was all talk and no action, Ms. M.W. found this article at our friends at Zero Hedge, indicating that it was not just talk:

Texas Begins Construction of Gold Depository

There’s something in this article that caught my attention, and no doubt it did the reader’s as well:

Laying the Ground Work for Electronic Gold-Based “Money”

For one, many state politicians hope that the State of Texas will be able to relocate its own gold holdings into Texas from New York where it currently sits. The state spends a million dollars per year on its storage.

Moreover, existence of the depository opens up the possibilities for users creating a new type of currency in which purchases are made electronically with the backing of the gold in the depository. In other words, one could potentially use the depository’s infrastructure to make purchases using gold, and to have gold either directly deposited into another’s account, or converted to US dollars and deposited in a conventional bank. Arguably, this is just an electronic version of gold-backed money.

In other words, in this speculative reading of the event, Texas is getting in on the ground floor of the current meme of “crypto-currencies”. Now, I personally suspect that the push behind crypto-currencies has been a centrasl bank-driven meme, after all, none other than the Bank of England has been in on it, creating their own versions. In other words, the move may not be such a good thing, since the goal here seems to be the removal of physical media of exchange as a part of the move to drive a “cashless society” meme, yet another theme near and dear to the banksters’ black hearts. How better to “reassure” a skeptical public than to have a staunch “conservative” state like Texas involved with the scheme.

Continue Reading At: GizaDeathStar.com

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Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and “strange stuff”. His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into “alternative history and science”.

Appropriate For April Fool’s Day: Central Banks…

Source: GizaDeathStar.com
Dr. Joseph P. Farrell
April 1, 2016

I should put this one in the “you tell me” category, because I don’t intend on commenting much today about this article, other than to say I am not, let me repeat that, not in favor of any cashless society, nor of central banks having any role in same. Physical media of exchange must always remain if there is to be genuine individual freedom, creativity, and movement.

But that said, I’d like to know everyone else’s thoughts here for a change:

https://www.dollarvigilante.com/blog/2016/03/16/central-banks-move-into-crypto-currencies-as-part-of-cashless-society-hustle.html/embed?wmode=transparent#?secret=98lShVM9rg

Continue Reading At: GizaDeathStar.com

Cashless Societies – How Realistic?


Source: DailyBell.com
December 28, 2015

In Sweden, a Cash-Free Future Nears … Parishioners text tithes to their churches. Homeless street vendors carry mobile credit-card readers. Even the Abba Museum, despite being a shrine to the 1970s pop group that wrote “Money, Money, Money,” considers cash so last-century that it does not accept bills and coins. Few places are tilting toward a cashless future as quickly as Sweden, which has become hooked on the convenience of paying by app and plastic. – New York Times

Dominant Social Theme: Remove analog money ASAP.

Free-Market Analysis: Sweden is being touted as the wave of the future as regards money, but perhaps not.

When something is profiled in The New York Times, as the “new” cashless Sweden just was, we need to consider whether the trend is subject to change or is not so powerful as we are being led to believe.

One of the problems with seeing Sweden as a pioneer is that its population is fairly cohesive. In fact, Swedes constitute a good example of the tribes we often refer to in Europe. Europe is full of tribes. The French are notoriously tribal and it strikes us that the British fought two world wars to shatter Germanic tribal unity.

Years ago, we reported regularly on what would happen when “Europe” stopped being of benefit to the tribes. Because it has been disguised by rhetoric, people often don’t understand why the tribes gave up so much including their ancient currencies to join Europe.

In fact, they were often bribed by pots of EU money that poured into the government to adjust unallowable deficits. The top elites pocketed this money and then went to work campaigning for EU unity. Once the EU agenda triumphed, those in power slipped away with the money and the larger population was stuck with an evolving authoritarian empire.

It was inevitable that the tribes, once lulled by good times and cash infusions, would begin to resent an era of “austerity” and impoverishment. What we didn’t anticipate was that the European elites had an answer: Organize a mass Islamic migration (apparently this is what’s going on) that would cause confusion within Europe’s tribal countries and focus resentment away from Brussels and the monetary system and toward “Islamification.”

Continue Reading At: DailyBell.com