Big Step Forward for Sound Money: Texas Picks Company to Run Bullion Depository


Source: ActivistPost.com
Michael Maharrey
June 22, 2017

The Texas bullion depository took a major step closer to reality last week when officials formally announced the private vendor that will run the facility. The creation of a state bullion depository in Texas represents a power shift away from the federal government to the state, and it provides a blueprint that could ultimately end the Fed.

Gov. Greg Abbot signed legislation creating the state gold bullion and precious metal depository in June of 2015. The facility will not only provide a secure place for individuals, business, cities, counties, government agencies and even other countries to to store gold and other precious metals, the law also creates a mechanism to facilitate the everyday use of gold and silver in business transactions. In short, a person will be able to deposit gold or silver – and pay other people through electronic means or checks – in sound money.

Last Wednesday, Texas Comptroller Glenn Hegar announced Austin-based Lone Star Tangible Assets will build and operate the Texas Bullion Depository. Officials say the facility could open as early as next January.

The company will initially run the depository out of its current Austin location, and will build a new vault facility in the Austin area. Hegar said customers will not have to travel to Austin in order to utilize the depository. The plan is to establish a branch-like system.

“We envision a network of licensed and insured depository agents to help Texans sign up for our services,” Hegar told the Texas Tribune.

Tom Smelker will serve as the state’s first Texas Bullion Depository administrator. He is currently the director of Treasury Operations in the Comptroller’s office.

According to an article in the Star-Telegram, state officials want a facility ‘with an e-commerce component that also provides for secure physical storage for Bullion in an existing facility or a newly constructed facility.’ Officials say plans for a depository should include online services that would let customers accept, transfer and withdraw bullion deposits and related fees.

By making gold and silver available for regular, daily transactions by the general public, the new law has the potential for wide-reaching effect. Professor William Greene is an expert on constitutional tender and said in a paper for the Mises Institute that when people in multiple states actually start using gold and silver instead of Federal Reserve notes, it would effectively nullify the Federal Reserve and end the federal government’s monopoly on money.

Over time, as residents of the state use both Federal Reserve notes and silver and gold coins, the fact that the coins hold their value more than Federal Reserve notes do will lead to a ‘reverse Gresham’s Law’ effect, where good money (gold and silver coins) will drive out bad money (Federal Reserve notes).

As this happens, a cascade of events can begin to occur, including the flow of real wealth toward the state’s treasury, an influx of banking business from outside of the state – as people in other states carry out their desire to bank with sound money – and an eventual outcry against the use of Federal Reserve notes for any transactions.

University of Houston political science professor Brandon Rottinghaus called development of a state gold depository a step toward independence.

This is another in a long line of ways to make Texas more self-reliant and less tethered to the federal government. The financial impact is small but the political impact is telling, Many conservatives are interested in returning to the gold standard and circumvent the Federal reserve in whatever small way they can.

The Texas gold depository will create a mechanism to challenge the federal government’s monopoly on money, and provides a blueprint for other states to follow. If the majority of states controlled their own supply of gold, it could conceivably make the Federal Reserve completely irrelevant.

State bullion depositories are one of four steps states can take to help bring down the Fed.

Read More At: ActivistPost.com
___________________________________________________

Michael Maharrey [send him email] is the Communications Director for the Tenth Amendment Center, where this article first appeared. He proudly resides in the original home of the Principles of ’98 – Kentucky. See his blog archive here and his article archive here.He is the author of the book, Our Last Hope: Rediscovering the Lost Path to Liberty. You can visit his personal website at MichaelMaharrey.com and like him on Facebook HERE

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You won’t believe this stupid new law against Cash and Bitcoin

TruthFact
Source: SovereignMan.com
Simon Black
June 14, 2017

This one is almost too ridiculous to believe.

Recently a new bill was introduced on the floor of the US Senate entitled, pleasantly,

“Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017.”

You can probably already guess its contents.

Cash is evil.

Bitcoin is evil.

Now they’ve gone so far to include prepaid mobile phones, retail gift vouchers, or even electronic coupons. Evil, evil, and evil.

These people are certifiably insane.

Among the bill’s sweeping provisions, the government aims to greatly extend its authority to seize your assets through “Civil Asset Forfeiture”.

Civil Asset Forfeiture rules allow the government to take whatever they want from you, without a trial or any due process.

This new bill adds a laundry list of offenses for which they can legally seize your assets… all of which pertain to money laundering and other financial crimes.

Here’s the thing, though: they’ve also vastly expanded on the definition of such ‘financial crimes’, including failure to fill out a form if you happen to be transporting more than $10,000 worth of ‘monetary instruments’.

Have too much cash? You’d better tell the government.

If not, they’re authorizing themselves in this bill to seize not just the money you didn’t report, but ALL of your assets and bank accounts.

They even go so far as to specifically name “safety deposit boxes” among the various assets that they can seize if you don’t fill out the form.

(Yet another reason to consider storing cash, gold, and silver in an overseas safety deposit box.)

This is unbelievable on so many levels.

It’s crazy to begin with that these people are so consumed by the fact that someone has $10,000 in cash.

But it’s even crazier that they’re threatening to take EVERYTHING that you own merely for not filling out a piece of paper, without any due process whatsoever.

Oh, and on top of civil asset forfeiture penalties, there are also criminal penalties.

Right now according to current law they can imprison you for up to FIVE YEARS for not filling out the form. Five years.

But apparently that doesn’t go far enough to protect us against evil men in caves.

So this bill aims to double the criminal penalty to TEN years in prison.

And if that weren’t enough, this bill also gives them with new authority to engage in surveillance and wiretapping (including phone, email, etc.) if they have even a hint of suspicion that you might be transporting excess ‘monetary instruments’.

Usually wiretapping authority is reserved for major crimes like kidnapping, human trafficking, felony fraud, etc.

Now we can add cash to that list.

It’s not just government spy agencies to worry about, either.

Banks in the US are already unpaid government spies, required by law to fill out suspicious activity reports on their customers.

Then Congress started expanding those requirements to include other businesses and industries that might come into contact with cash.

Stock brokers. Casinos. Currency exchanges. Precious metals dealers. Pawnbrokers. The Post Office.

According to the law (section 5312 of US Code Title 31), those industries are also required to spy on their customers for the government.

But under this new bill, they want to forcibly recruit even more unpaid spies, including any business which issues or redeems ANYTHING that’s prepaid.

Prepaid credit cards. Prepaid phones. Prepaid retail gift cards. Prepaid coupons.

So, Amazon.com, which issues and redeems prepaid gift cards, will be required under this bill to file reports to the government.

For that matter, TGI Fridays and Chuckee Cheese will also become unpaid government spies since they both issue and redeem prepaid vouchers.

Truly these Senators have figured out how to strike at the heart of ISIS.

Further, their bill wants to pull any business which “issues” cryptocurrency under the anti-money laundering regulatory umbrella.

Here’s where these people demonstrate that they have no idea what they’re talking about.

No one “issues” Bitcoin. There’s no Bitcoin central bank. There’s no Chairman of Bitcoin who decides on a whim to increase the supply.

Bitcoin is created automatically amounts that are pre-determined by its code. It’s software.

So the Senate is essentially trying to force the Bitcoin core software to comply with money laundering regulations.

How pathetically clueless.

The bill also…

Continue Reading At: SovereignMan.com

How Precious Metals Can Help Protect Your Wealth From Hackers


Source: ActivistPost.com
June 14, 2017
Stefan Gleason

Could your wealth be hacked? It’s a threat most investors overlook. But they do so at their own peril.

If elections can be hacked, then so can bank and brokerage accounts, as well as any online platforms for digital currencies.

More than five months into Donald Trump’s presidency, the “Russia hacked the election” conspiracy theories still won’t go away. They’re expanding to also implicate Russian hackers for meddling in elections in France and elsewhere. The latest Russian hacking story centers on Qatar.

According to the Guardian, “An investigation by the FBI has concluded that Russian hackers were responsible for sending out fake messages from the Qatari government, sparking the Gulf’s biggest diplomatic crisis in decades.”

The Russian government has repeatedly denied involvement in these hacking campaigns. Regardless of whether the news about Russian hackers is fake, the threat of cyber attacks is very real.

In recent months, major e-mail providers and e-commerce sites have been hit by hackers. They often take customers’ information and try to sell it on the dark web.

Think Bitcoins are “hack proof” due to cryptography? Think again. Tens of millions of dollars worth of the crypto-currency have been digitally stolen by hackers. The biggest heists hit Bitcoin exchanges Mt. Gox and Bitfinex. More recently, South Korean Bitcoin exchange Yapizon was hacked out of more than $5 million.

Electronic Banking Is Vulnerable to Hackers

Electronic banking and brokerage institutions are also vulnerable. A rogue government, a group of terrorists, or even a lone mischievous teenager could potentially crash markets by unleashing a debilitating computer virus or breaking into networks that undergird the financial system.

The worst-case scenario for the digital economy would be an electro-magnetic pulse (EMP) attack. An EMP could be triggered by an extreme solar flare or a nuclear detonation. In the event of an electro-magnetic pulse, large-scale economic disruptions could unfold as the power grid goes down and computer systems get fried.

If the Internet goes dark, then so does Bitcoin and other digital platforms. No online banking. Your ATM card may no longer work. A national “bank holiday” may have to be declared as a physical cash shortage sends the economy reverting to barter transactions.

Granted, this is an extreme scenario. But you don’t have to take extreme measures in order to protect yourself from it.

Reducing Your Vulnerability to Cyber Attacks: Simple Steps You Can Take

One of the most important steps to take to boost your resilience to digital threats is to hold tangible assets that aren’t dependent on, or connected to, the internet. Physical precious metals are a time-tested form of unhackable money.

Virtual ownership of metals in the form of futures, options, or exchange-traded products will leave you vulnerable to any of the major threats to the financial grid.

The upshot to owning low-premium bullion products you can hold in your hand is that it costs you nothing extra to obtain the protection and utility that physical metals provide.

We’re not suggesting that you pull everything out of your bank accounts and close all your credit cards – for now, they remain a convenience most of us won’t want to do without in our daily lives. (And we’re not saying to steer completely clear of cryptocurrencies either.)

But you can and should take steps to make your accounts at least somewhat more secure:

  • Close any dormant accounts that you no longer use.
  • Keep paper records, including statements, from accounts you access online.
  • Strengthen your passwords by lengthening them or using a password manager.
  • Avoid storing sensitive information directly on cell phones or other commonly stolen/ hacked devices.
  • Check your credit report regularly for signs of identity theft.
  • Install anti-virus software on your devices and keep it up to date.

For the portion of your wealth you want to secure in physical, off-the-grid metal, make sure you keep it far removed from the banking system. That means not storing your precious metals in a bank safe-deposit box that could be raided or rendered inaccessible during a financial crisis.

Keep at least some portion of your gold and silver stash stored in a home safe for immediate accessibility at all times. And keep quiet about it! Your neighbors don’t need to know all about your pure silver bars or your shiny gold Krugerrands.

For the portion of your precious metals holdings you don’t want to keep at home, opt for a secure bullion storage facility such as Money Metals Depository.

MMD only uses physically segregated storage which ensures your metals aren’t pooled or co-mingled with those of other customers.

Even as new and potentially bigger cyber threats emerge, you can rest comfortably knowing much of your wealth is beyond the reach of hackers. That peace of mind is difficult to put a price on. Fortunately, it’s not difficult to obtain. Rotating wealth out of financial assets and into hard assets is as easy as writing a check to a reputable bullion dealer such as Money Metals Exchange.

Read More At: ActivistPost.com

Stefan Gleason is President of Money Metals Exchange, the national precious metals company named 2015 “Dealer of the Year” in the United States by an independent global ratings group. A graduate of the University of Florida, Gleason is a seasoned business leader, investor, political strategist, and grassroots activist. Gleason has frequently appeared on national television networks such as CNN, FoxNews, and CNBC, and his writings have appeared in hundreds of publications such as the Wall Street Journal, TheStreet.com, Seeking Alpha, Detroit News, Washington Times, and National Review.

Arizona & Utah Legislating For Specie…

Source: GizaDeathStar.com
Dr. Joseph P. Farrell Ph.D.
February 11, 2017

Last Thursday on my News and Views from the Nefarium I noted something of major geopolitical consequence as major Japanese banks were joining the CIPS (China International Payment System) of financial clearing, bypassing SWIFT (Society for Worldwide Interbank Financial Telecommunications) and therefore the US dollar. This, in my opinion, was a geopolitical-financial earthquake. We have yet to see the fall0ut from this, but over the next few years I suspect we will, as other nations in the BRICSA bloc join and participate. China will couple this (obviously) to its Silk Road project, so one can except individual nations to participate, particularly those involved in China’s Asia Infrastructure Investment Bank. Watch for Great Britain to do the same, thus straddling both the Western and Asian systems.

All this is to say that “something is up” in the financial world. For example, there’s the story that Germany has completed its gold repatriation, three years ahead of time. Some who sent me this article suggested that this “speed up” may be due to the pressures on Germany’s largest, and one of the world’s largest, banks, Deutsche Bank. But there are other clues that “something is up”. Recall that last year we occasionally blogged about the story that the American state of Texas had legislated the creation of a state bullion depository, and additionally, that Texas was, like Germany, seekiing to repatriate its own bullion stocks from the Fed to the state, presumably to its bullion depository.

Well, now you can add Arizona and Utah to that mix – at least, tentatively:

Utah Bill Sets Stage For State Gold Depository, Further Encourages Use Of Metals As Money

Arizona Committee Passes Bill To Support Sound Money

http://www.activistpost.com/2017/02/arizona-committee-passes-bill-support-sound-money.html/embed#?secret=6DVqHf4Sgm

If both states pass their measures, the this would be two American states with state bullion depositories, and Arizona would join several states which have passed bills reaffirming that specie money is constitutional money and legal tender; most of those states that have passed similar measures, if memory serves me correctly(!), are in the upper plains states.

In any case, the real question here is what all of this means. And here I suspect that your high octane speculation is as good as mine. Firstly, there is the view that would hold that these states, like Germany, sense “something is up” and are building hedges and fences to insure their continued financial security. Secondly, there is a view that would see these moves as more indications that the US federal “one size fits all” political and financial institutions are breaking down, and that these states are taking measure to protect themselves. There is much to commend this view, as already state and municipal retirement pension funds are under severe pressure. In California the mathematics is undeniable, notwithstanding the make-believe world that Sacramento seems to live in: the state is facing a long-term financial “Situation” that is not good. The word hasn’t been used yet, but think “Greece” and “tonsorial parlors” and you get the idea. Thirdly, closely allied with this view is that idea which holds that the union is, indeed, breaking apart under a variety of pressures, many financial, and many the much more intangible but profound cultural divisions. A glance at the county-by-county maps of past federal elections tells the story: the progressive left thrives on the coasts and in the urban centers, while the more traditional right thrives in the rest of the country, in mid-sized urban areas and rural areas. Fourthly, and now entering the world of “high octane speculation,” bullion depositories and specie strike a direct blow not only against the centralized banking and financial system of the west, but the “cashless society” plans of Mr. Globaloney, for such money protects individual privacy and sovereignty. But specie also promotes not only anonymity, but given the fact that these states are in the US southwest, they could be positioning themselves for a much bolder presence on the global stage, for like it or not, even Mr. Globaloney likes bullion. Specie enable international trade, especially in an environment when there is increasing pressure on the US dollar’s reserve currency status. Fifthly, and also in the realm of “high octane speculation,” there is also a diametrically opposite possibility: by opening depositories, the could be a covert scheme to have all the bullion in private hands deposited… and then seized in those “tonsorial parlor” maneuvers we’ve seen before in history: the banksters have a variety of euphemisms for the procedure, but in the end it amounts to mere theft.

And a final thought:

Read More At: GizaDeathStar.com
________________________________________________

About 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”.

22 Disturbing Facts Big Pharma Doesn’t Want You To Know

bigpharmabigmedica
TheBreakaway
Zy Marquiez
February 10, 2017

“It is simply no longer possible to believe much of the clinical research that is published, or to rely on the judgment of trusted physicians or authoritative medical guidelines. I take no pleasure in this conclusion, which I reached slowly and reluctantly over my two decades as an editor of The New England Journal of Medicine.”
–Marcia Angell, MD, New York Review of Books, 2009

Below follow 22 facts, each of which is individually disturbing enough, but when taken in conjunction paint a very ominous picture of the state of the medical establishment in America.

Embedded within the bowels of Big Pharma lie little known details most individuals are unaware of.

Most of these details rarely get reported by the mainstream media, and when they do, the slant is always in favor of Big Pharma, and if not, what the individual gets is a limited hang out, which barely even amounts to the ghost of the truth.

The following are some of the many issues that do not get to see the light of day, but should be spoken at length about:

#1: Did you know that the FDA frequently misleads the public regarding long term studies and health?

According to Dr. Peter Breggin, in his landmark book Toxic Psychiatry [review here]:

“People assume that FDA approval and the widespread distribution of a drug – with many patients taking it for months or years – means that longterm studies have found it safe in regard to side effects, drug interactions, dependency, addition, and withdrawal.  Thus, FDA approval grossly misleads the public, lulling it into an unfounded security.

The PDR admits that Prozac’s effectiveness has not been tested in controlled trials of “more than 5 or 6 weeks” and that “long-term” usefulness has therefore not been demonstrated.”[Bold Emphasis Added][1]

#2: Did you know that the U.S. and New Zealand are the only countries which allow drug companies to advertise directly to consumers?

Prior to 1997, there was a ban in place that restricted pharmaceuticals from advertising to consumers – known as drug-to-consumer-advertising, or DTCA- but this ban was removed, to the detriment of the populace.[2]

Why is this important?  Because that law was in place to protect individuals from the highly specialized, and yet misleading advertising of all drugs.

#3:  The great majority of prescription drugs sold is due to DTCA.  As Dr. Kelly Brogan notes in her landmark book, A Mind Of Your Own, The Truth About Depression [review here], in which she touches upon this specialized advertising:

“It’s been calculated that DTCA [drug-to-consumer advertising] is responsible for nearly half (49 percent) of requests for drugs.  And fully seven out of ten times doctors prescribe based on appeal by patients who learned through their computers and televisions that they have an “imbalance” that must be fixed with a pill.”[3][Bold Emphasis Added]

#4:  Coupled with the already disturbing above information, and with prescription drugs being doled out at 4 Billion per annum[4], it’s no wonder that Medical Errors are the third leading cause of death.[5]According to a new John Hopkins study, which is covered by the Washington Post:

“Their analysis, published in the BMJ on Tuesday [, shows that ‘medical errors’ in hospitals and other health care facilities are incredibly common and may now be the third leading cause of death in the United States — claiming 251,000 lives every year, more than respiratory disease, accidents, stroke and Alzheimer’s.”[6][Click here for the study named Medical Error – The Third Leading Cause Of Death In The US]

#5:  Unsurprisingly, given how Big Pharma & Big Medica have had no qualms in overstepping traditional boundaries, it’s no wonder that in many instances money from pharmaceutical companies sway Doctors’ prescriptions, which shows the serious conflict of interest.[7]

As Dr. Mercola elucidates:

“Not only was the receipt of drug-company money associated with a higher percentage of brand-name drug prescriptions, but the prescriptions rose with the amount of money received.”[Bold Emphasis Added]

#6:  Did you know, the FDA only requires two studies for drugs to be approved?

“…only two studies are required for FDA licensure of most pharmaceuticals, essentially leaving the population to participate in a post-marketing experiment in which adverse effects – casualties – are monitored passively.  It’s a fabrication of science to think these drugs have a place in medicine, what is meant to be the art of healing.”[8]

But there’s more.  Most drug research is in fact short term.  Dr. Brogan cautions:

Their patients have never consented to the long-term effects of these medications because pharmaceutical research is, by nature, short term.  There is no incentive on the part of the pharmaceutical companies to take a good look at what happens to the average individual when she takes a medication for a decade or so.”[9][Bold Emphasis Added]

#7:  This hyper-drugging of the populace has lead to prescription drugs in fact being 16,400% deadlier than terrorists.  But you won’t hear that in the mainstream media.[10]

#8:  Not only is our corrupt for-health for-profit medical system unsurprisingly the most expensive in the world[11], but our life expectancy is worse than that of a third world country.[12]

#9:  Heart surgery is 70 times more expensive in the US.[13]

#10:  Of course, with billions of prescriptions being filled yearly, it’s no wonder that 70% of Americans take prescription drugs.[14]

#11:  In fact, expensive treatment requests have predictably gotten so bad that Doctors are even calling for a ban for the duplicitous practice of DTCA.[15]

#12:  A large study, which was published in The Lancet, further debunks high cholesterol myths, admitting statin drugs are essentially worthless.[16]

#13:  Another study shows that combining multiple childhood vaccines isn’t safe, according to an article in the Journal Of American Physicians and Surgeons.[17]

#14:  The same statin drugs that were found to be worthless against cholesterol, are now going to be used as anti-cancer drugs.  You can’t make this stuff up![18]

#15:  Although the US has merely 5% of the world’s population, it consumes 80% of the world’s pain killers.[19]

#16:  A great portion of this is in large part to what is called “Disease Mongering” and the creation of disease.[20]

#17:  Pharmaceutical companies Genentech and OSI Pharmaceuticals have even been caught concealing adverse effects of drugs, and were ordered to pay a $70 million dollar fine.[21]

#18:   America has the worst infant mortality rate of all developed nations.  Let that disturbing fact sink in.[22]

#19: Since 1986 Big Pharma has had liability shielding preventing it from being prosecuted for endangering public health[23].  And some wonder why the medical establishment is so corrupt.

#20: Not long ago, medical conglomerate, Pfizer, paid over $2 BILLION Dollars for criminal and civil charges due to illegally promoting the use 4 of its drugs. [24]

#21: Merely months ago, a study proving that vaccinated children are 3 times more likely to be diagnosed with autism and other neurological issues was banned from the internet.[25]

#22:  Because of all of the reasons mentioned above, and more, Americans are spending over $30 billion dollars in out-of-pocket costs on alternative health[26].  Thankfully!

This overall pattern of dwindling care, that’s overly expensive, and only serves to fill the coffers of Big Pharma will only change when individuals quit buying in to the propaganda from the medical establishment.

And for all the technology, public schooling, and billions spent, our medical system isn’t even top 3 in the world, and the statistics prove it.

Instead of purchasing health insurance, perhaps individuals should focus on attaining health assurance.

The system in its current state sees people as nothing but cash cows, and the sicker they are, the more money they make.  And they also aren’t coming up with cures since that, also, will cut into their profits.
One must wonder, seeing that they have no virtues and are willing to throw the people under the bus with lies and fraud, what else are they willing to do?

Take control of your health, while you still got time.

Education will eviscerate ignorance; nutrition will beat disease; corruption will continue to be exposed; but only if the individual chooses to make it so.

Be mindful, stay aware.

Individuals can go with the flow, and take the tides as they come, or they can choose to rise to the occasion.

Pierce the veil.

Cast light on the shadows.

And become the solution you’ve always waited for.

________________________________________________________________
Sources & References:

[1] Dr. Peter R. Breggin, M.D., Toxic Psychiatry, pp. 168-169
[2] Dr. Joseph Mercola, The Great Bird Flu Hoax, p. 39.
[3] Dr. Kelly Brogan M.D., A Mind Of Your Own – The Truth About Depression, p. 52.
[4] http://www.naturalnews.com/037226_drug_prescriptions_medical_news_pills.htm
[5] https://www.washingtonpost.com/news/to-your-health/wp/2016/05/03/researchers-medical-errors-now-third-leading-cause-of-death-in-united-states/?utm_term=.d262ea291b26
[6] http://www.bmj.com/content/353/bmj.i2139
[7] http://articles.mercola.com/sites/articles/archive/2016/04/13/doctors-receiving-pharmaceutical-money.aspx
[8] Dr. Kelly Brogan M.D., A Mind Of Your Own – The Truth About Depression, p. 49.
[9] Ibid., p. 35.
[10] http://www.naturalnews.com/009278.html
[11] http://www.zerohedge.com/news/2014-06-22/us-healthcare-snapshot-most-expensive-yet-worst-developed-world
[12] http://www.salon.com/2013/10/22/life_expectancy_in_america_rivals_third_world_partner/
[13] http://www.zerohedge.com/news/2013-07-29/what-does-heart-surgery-really-cost-and-why-it-70-times-more-expensive-us
[14] http://www.cbsnews.com/news/study-shows-70-percent-of-americans-take-prescription-drugs/
[15] http://www.reuters.com/article/us-pharmaceuticals-advertising-idUSKCN0T62WT20151117
[16] http://www.naturalnews.com/054388_statin_drugs_medical_myths_Big_Pharma.html
[17] https://globenewswire.com/news-release/2016/06/14/848493/0/en/Combining-Multiple-Childhood-Vaccines-Not-Safe-According-to-Article-in-the-Journal-of-American-Physicians-and-Surgeons.html
[18] http://www.naturalnews.com/054707_statins_cancer_treatment_Big_Pharma.html
[19] http://www.dailymail.co.uk/news/article-2142481/Americans-consume-80-percent-worlds-pain-pills-prescription-drug-abuse-epidemic-explodes.html
[20] http://www.huffingtonpost.com/dr-larry-dossey/big-pharma-health-care-cr_b_613311.html
[21] http://edition.cnn.com/2016/06/07/health/genentech-lung-cancer-drug-settlement/index.html
[22] https://www.washingtonpost.com/news/wonk/wp/2014/09/29/our-infant-mortality-rate-is-a-national-embarrassment/?utm_term=.9f6b6a036ca9
[23] http://www.nvic.org/NVIC-Vaccine-News/November-2016/end-pharma-liability-shield-protect-human-rights.aspx#_edn79
[24] http://edition.cnn.com/2010/HEALTH/04/02/pfizer.bextra/
[25] http://investmentwatchblog.com/study-proving-vaccines-cause-autism-banned-from-internet/
[26] http://www.usatoday.com/story/news/2016/06/22/study-americans-spend-billions-non-conventional-health-approaches/86200430/

Corrupt Politicians & Corrupted Money Go Hand In Hand

12-Days-Before-08-Crash-Many-in-Congress-Pulled-their-Money-Out-of-the-Stock-Market
Source: ActivistPost.com
Clint Siegner
July 13, 2016

“Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion – when you see that in order to produce, you need to obtain permission from men who produce nothing – when you see that money is flowing to those who deal, not in goods, but in favors – when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you – when you see corruption being rewarded and honesty becoming a self-sacrifice – you may know that your society is doomed.” Ayn Rand, Atlas Shrugged, Francisco’s Money Speech

Ayn Rand wrote Atlas Shrugged about 60 years ago. It seems like she’s describing today’s politics.

The Justice Department announced last week they won’t be prosecuting “crooked” Hillary Clinton. Rand never met Hillary or her husband Bill. But she clearly knew what it means for society when scoundrels wind up in charge.

Growing social unrest, politics, and money are all interconnected. We raised this subject a little over a year ago following the riots in Baltimore. But, sadly, except for the advocates of sound money and one very prescient novel written 6 decades ago, it is almost always overlooked.

Many disgusted to see a reaffirmation that Hillary and Bill truly are above the law. The couple built a fabulous fortune and unassailable power by auctioning political favors to the highest bidder and building a global network of insiders.

If you don’t like it, too bad. The director of the FBI and the Attorney General don’t work for you. They report to Obama for now, but they hope to be working for Hillary soon.

Continue Reading At: ActivistPost.com

__________________________________________________________________
Clint Siegner is a Director at Money Metals Exchange, the national precious metals company named 2015 “Dealer of the Year” in the United States by an independent global ratings group. A graduate of Linfield College in Oregon, Siegner puts his experience in business management along with his passion for personal liberty, limited government, and honest money into the development of Money Metals‘ brand and reach. This includes writing extensively on the bullion markets and their intersection with policy and world affairs.

Why Helicopter Money Won’t Push Stocks Higher

Source: OfTwoMinds.com
Charles Hugh Smith
July 13, 2016

In effect, helicopter money turns the entire economy into a Ghost City.

The possibility that Japan might launch helicopter money stimulus sent global stock markets soaring in a paroxysm of pleasurable anticipation. But exactly what is helicopter money and what connection does it have to stock valuations, if any?

Broadly speaking, helicopter money is government deficit spending that is directed to households rather than the financial sector. Deficit means the government doesn’t have extra cash to pay for the stimulus program–it borrows it by selling government bonds.

With interest rates near-zero or even negative, it doesn’t cost governments much to borrow huge sums from future taxpayers. All bonds are borrowed from future taxpayers, because somebody will have to pay back the principal, even if there are no interest payments due.

Typically, bonds that mature (i.e. the principal must be returned to the owner of the bond) are replaced with newly issued bonds. In other words, government debt never declines, as new debt is issued to replace bonds that come due AND to fund additional spending.

The nearest household analogy is a mortgage which you “pay off” by borrowing an even larger sum every few years. The debt just keeps getting larger as time goes on.

The assumption here is that there will be more of everything in the future: more taxpayers paying more taxes, more consumers consuming more, more workers being even more productive, more corporations earning even more profits, and so on: more, more, more, more.

More of everything means it will be easier to pay the debt we borrowed from future taxpayers. The economy will be larger, tax receipts will be higher and productivity will drive profits and consumption higher.

This assumption worked for a few hundred years, but now it doesn’t. In Japan (and many other nations are soon to tread the same path), population is declining and GDP, profits, productivity and tax receipts are all stagnating.

This raises the terrifying prospect that there won’t be more of everything in the future. If there is less of everything, sacrifices must be made to roll over the mountain of debt accumulated in the past, and it soon becomes impossible to do so.

Here’s the magic part of helicopter money: to avoid all the problems of ever-rising debt in a stagnating economy, the central bank creates money out of thin air and buys the government bonds with the newly created money.

Continue Reading At: OfTwoMinds.com