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 March 11, 2013  Posted by at 3:27 pm Finance
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Artwork: Ilargi for the Automatic Earth

During the Italian election weekend two weeks ago, I watched all three Godfather films on a local station. Very convenient, since they can teach you quite a bit about Italy, even if you've seen them a dozen times already in the past. The abdication of the pope sort of rounded off the history lesson, and I was thinking: OK, now I'm good to go.

After the results came in and Beppe Grillo and the Five Star movement (M5S) became the single biggest "party", I was going to simply repost my February 10 article Beppe Grillo Wants To Give Italy Democracy, in which I wrote about my meeting with Beppe and the ideas we talked about which I took away from that. He had won big, but it was clear that most people still had no idea who he is.

But after reading through the lazy sloppy "journalism" in the international press in the days following the elections, it was obvious that wouldn't have been sufficient anymore. Hardly anyone seems to know who Beppe Grillo is, and more importantly, they don't seem to care. In their minds, because everybody else does it, they are fine calling him a clown, a dictator and (Italian paper Gazetta Del Sud) a "foul-mouthed rabble rouser". Much easier, because it doesn't require any research.

At the very least, whether you work for a major international news organization or a national paper, if you want to stay on the safe side, since deep down you know you haven't done your homework, "populist" looks like an acceptable sort of name-calling. Now, one of the definitions of populist is someone who opposes elites, which certainly applies to Grillo, but these days you can't use the term without implying someone who appeals to the base instincts of the IQ challenged part of the population. And that definitely does not apply. If only because in Italy, Berlusconi's got that demographic covered.

The name of the game seems to be that Grillo is bad news because he "unnerves" markets and investors. For one thing, he himself would be only too happy with that. Not because he wants mayhem, but because he thinks that what there is now is not working. Grillo's first and main objective is to rid Italy of the corruption it has been suffering from for ages (which is why the Godfather series is enlightening), so if you want to understand or perhaps even judge him you will first need to look at that whole chapter. And yes, it's true, he sees the entire political system in Rome as an integral part of that corruption, and so it will have to go. As he put it:

"Who makes up a criminal conspiracy? If you go and look, [you'll find] they are made up of bankers, politicians, judges and, just perhaps, once in a while, a criminal."

What is happening in Italy as a consequence of its relationship with the EU and the Eurozone is in Grillo's eyes also the result of the corrupt system (since it's all been agreed to by the career politicians who sit in parliament, for all sides of the spectrum). Therefore, he questions the benefits for the Italian people of the existing situation. That's all. And that's enough for both Brussels and Rome to vilify him. Nobody is supposed to question the glory of Europe and the Euro, and hardly anyone does, certainly not the press, presumably because nobody wants to unnerve the markets. But if you ask me, if anything needs to be questioned, it's that one-dimensional religion that says the Euro is the only way to achieve fulfillment.

Grillo, who's been given the anti-Euro label by the press, puts it this way in a Time Magazine interview:

Do you think Italy should leave the euro?

I've never said I want to be in or out of the euro. I said I want correct information. I want a Plan B for survival for the next 10 years. And then, with a referendum we decide. The costs and benefits, let’s know what are they are. But first you need to inform.

If you just hint that you want to leave the euro, you're crazy. There’s no dialogue. Just hint, and you’re a demagogue, you’re crazy, you want to drag Italy to default, you’re irresponsible. Just because you say, let’s think about this, what would really happen?

For the Europhiles, the Merkel Monti Draghi Van Rompuy clan, there is no Plan B. Or perhaps I should say it's the plan whose name shall not be mentioned. And that's untenable; you can do that sort of thing as long as you throw enough bling at people, but when you start taking it away from them, they'll come looking for answers and explanations. There simply comes a point when unnerving the people will trump unnerving the markets.

First, let's get up to date with Italy's economy, to get a better idea of the backdrop against which the Five Stars have risen. On Friday, Fitch downgraded Italian debt. President Napolitano has until March 15, the new parliament, to start pressuring for a new government. Since he's about to resign, he can't call new elections. Beppe Grillo has called for his long term supporter, Nobel literature laureate Dario Fo, to be appointed the new president.

Grillo has rejected calls to close a deal with Bersani's existing left wing coalition, as he always said he would. Napolitano could try to get a new technocrat government in place (Corrado Passera, Monti's industry minister is named as a new PM), or he could call on Bersani and Berlusconi to work together. Ironically, the main reason for Italy to have a government would be to make sure the Troika austerity demands keep being met, and if that doesn't work, to file for a new bailout. Whichever choice Napolitano makes, it appears certain it will be short-lived.

"Italy is a nation of tricksters. Yesterday I was in Rome. I got on a bus and stamped my ticket: 'Click. Clack.' The driver turned round and said: 'What the fuck's that noise?!'"

The Italian economy contracted 2.4% in 2012, almost twice as much as Spain. Italy's public debt is €2 trillion, or $2.6 trillion, predicted to rise to 130% of GDP this year, the highest level in 100 years. Also in 2012, more than 360,000 Italian businesses folded as a result of what business lobbying group Confindustria labeled a "credit crunch": on the one hand banks refuse loans, on the other Monti's tax increases and spending cuts squeeze like a vice. Italy’s official unemployment rate hit a 11.7% record in January, the government said last week, with youth unemployment rising to 38.7%. And that's just the macro numbers; the real story lies beneath the surface. Like here:

More than 65% of Italian families struggling

More than 65% of Italian families cannot make it to the end of the month with their current salaries, a report by the Bank of Italy said on Tuesday. The alarm launched by the country's central bank said that those hardest hit are young families and renters whose monthly income is not sufficient to cover living expenses.

Also, in Italy a huge number of young adults live with their parents, like for instance over 70% of men and 50% of women between 25 and 29 years old, and more than half between 18 and 34, lived "at home" in 2010. While part of that is due to stronger family bonds than in other countries, it's much more importantly an indication of just how poorly the economy is doing. In comparison, in France just 10% of the same age group live with their parents.

Of course you can glaze over these numbers, they're just more of the same. Where it gets interesting is when you try to see what's comings next. The Italian economy is bad and getting worse, and the only answer the troika has ever had is double or nothing, in other words: more austerity, more cuts and higher taxes. And that will have to stop somewhere; it should certainly not come as a surprise that Italians vote for someone who says it can be done differently.

It seems clear that no matter what government is tinkered together, Italy will have new elections relatively soon, perhaps late this year. But even before then, Beppe Grillo will demand changes. He will demand a clean-up of parliament, prosecution of the corrupt part of society, and a clean and clear vote of the people in issues like the Euro.

More ominously for the Italian and European status quo, he will launch a nationwide discussion about what to do with the 130% of GDP, $2.6 trillion debt. He's made clear that in his (accountant) mind, restructuring and default should be on the agenda, in correlation with large scale nationalization of the banking industry. That is the time bomb that has started ticking in Europe when the election results came in. The idea is simply what I've said earlier about Greece: if you know you're going to be miserable whatever you do, you might as well make sure it's your own misery, and under your own control.

At this point it's hard to say what's more likely, Grillo being murdered and renditioned or more Grillo's raising their heads in other European countries. The more time he gets, the more he will get done. And others will see that and try to copy it. And he's right, the internet does open a whole new set of democratic opportunities. That may be perceived as more urgent in Italy's corruption-rotten state, but why would Spain, Greece and Portugal not follow? Because they have no angry comedians?

The EU meanwhile needs to deal with Cyprus, a hard nut to crack, since Dutch, German and Finnish taxpayers must be forced to bail out Russian oligarchs who have billions in funds stashed in bankrupt Cypriot banks. What's been below the surface thus far is that Brussels has a next case to contend with: Slovenia's government fell last week over economic issues, and it's a – small – Eurozone country. Bulgaria's government is also gone, but they're "only" EU, not Eurozone.

Nothing like a perfect storm to unnerve financial markets. Which brings me to the Dow. Which is setting records. And I find that peculiar: while pundits try to make us believe these records stem from an economic recovery stateside, when I look at this graph, part of a presentation by Jim Boswell, I just don't see it:

 



As is obvious from this graph, trading volume on the NYSE is so low it feels like some kind of singularity is upon us. It’s down at least 50% from the average of the preceding years, and last year doesn’t even have a temporary peak anymore. But prices set records? Really? What other assets are there for which prices go up as trade goes down? Well, yeah, scarcity can do that perhaps, but that's not the case here. It all looks very volatile to me. It's easier to prop up prices at low volumes, but they can fall much faster too when whoever it is that still remains in the market goes away. Because he's found out to hold mainly zombie money, for instance.

So to answer the question what's more important to you: I sure wouldn't pick the Dow. That records thing could be over tomorrow. Beppe Grillo's new democracy, though, has a long way to go. The more the owning class tries to squeeze, the more the debt slaves will demand a vote. They don't even need to gather in streets and squares anymore, they have representation in parliament. From that same Time interview:

Are you afraid that if you don’t succeed, the same energy that pushed you up could push up darker forces?

If we fail, [Italy] is headed for violence in the streets. But if we crumble, then they come. Everything started in Italy. Fascism was born here. The banks were born here. We invented debt. The mafia, us too. Everything started here. If violence doesn’t start here, it’s because of the movement. If we fail, we’re headed for violence in the street. Half the population can’t take it anymore.

I think he may just be right. That movements like this are the only remaining chance at solving this peacefully. That alone should be worth a lot more than keeping a contraption like the Eurozone together. The problem is, it's not the ruling religion. Anyone know any German comedians? Do they even have any?

Life has become a show at which we are the audience – and have to buy a ticket.
Beppe Grillo

 


Home Forums What's More Important To You, Italy or the Dow?

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March 11, 2013 at 3:27 pm #8395

Raúl Ilargi Meijer

Artwork: Ilargi for the Automatic Earth During the Italian election weekend two weeks ago, I watched all three Godfather films on a local station. Ver
[See the full post at: What's More Important To You, Italy or the Dow?]

March 11, 2013 at 9:48 pm #7093

Professorlocknload

The DOW, I suppose. “Keep your friends close and your enemies closer.” Machiavelli/Sun Tzu/Mike Corleone

March 11, 2013 at 11:17 pm #7094

jal

“If we fail, we’re headed for violence in the street. Half the population can’t take it anymore.

… Everything started in Italy.”

Hummm!

Let’s see,
During the roman empire the slaves revolted and almost got Rome.

The bankers won that battle.
Slaves got slaughtered.

The slaves in Haiti revolted and won.

The bankers are saying you made your bed and we are going to make sure that you lie in it.

What about Cuba? They have been fighting the bankers for 50 years.

Then lets look at the accomplishments of some of the powerful and influential people that knew “THE SCORE”.
Napoleon Bonaparte
Robert Hemphill
Henry Ford
and many more

NOTHING CHANGED.

KNOWING WHAT IS HAPPENING AND CHANGING WHAT IS HAPPENING IS NOT THAT EASY.

Those who control the printing press have the advantage.

March 11, 2013 at 11:20 pm #7095

Basseterre Kitona

I love most of what Grillo is doing but I’m not convinced on the term limits for politicians. Two terms sounds reasonable in theory but I’ve heard that, practically speaking, it actually leads to too much turnover. Inadvertently this puts more power in the hands of unelected advisors, lobbyists & others who may be able to hang around the capitol for decades thus gaining significant knowledge of how to get things done (or thwart things from being done) while the elected official are barely able to learn the ropes before being forced to move on. Basically there is a loss of institutional know-how if congress or parliament has to completely turnover every 8-10 years.

Personally, I’m no fan of career politicians, but if someone is doing a poor job then they should be voted out rather than getting the boot because of a term limit. Likewise, if an elected official does manage to do a good job then is there really any reason to get rid of him/her just because of a rather arbitrary term limit? It would seem that a mixture of a few sage, old dogs & ambitious pups might be the best formula for success.

March 12, 2013 at 2:23 am #7100

Golden Oxen

Sir, Your low volume being bearish idea does not square with the facts. Great bull markers always end with very high volume and massive participation by the public, especially in low priced stocks. Just think back to the internet insanity for reference

What the current low volume shows is steady public and insider liquidation since the crash, and a parking of the money in Treasuries, which are perceived as a safe haven.

While I agree with you about the importance of the debacle in Europe, pointing to a low volume, lack of speculative frenzy rise on Wall Street as ominous is an error in my view. The market is no doubt overdue for a correction, but the current lack of froth and enthusiasm at the current new highs, makes anything more than a normal correction unlikely.

March 12, 2013 at 2:53 am #7101

rapier

On the subject of US stocks; no matter what the question is among the asset holding class world wide, the best answer is USA. I didn’t say the final answer but the best under unsettled conditions. In all thing financial the US is the house and everyone is playing US chips, the dollar. It still has the vast oceans to insulate it from the rabble. It has a government, a legal system and a central bank that are finely attuned to the needs of asset holders. With the full intent of providing them and their assets with safe haven.

Every time Europe wobbles money flows to the US. I have not seen it documented but I would be shocked if quite a bit of the money leaking out of China is finding a home in the US. Drug and organized crime money loves the US asset markets especially high end real estate which is in the throws of a boom. A fact which in itself confirms my points I think.

For all I know the DOW could lose 50% but if it does you can count on it that other place will lose a lot more and there won’t be any rabble here storming the gated communities and high rises. If the 1% lose half of their marked to market wealth most everyone else will lose more and it is really relative wealth and power which is the object.

March 12, 2013 at 4:43 am #7102

gurusid

Hi Folks,

I posted this elsewhere a while back, but thought it pertinent in the current discussion about politics:

John Taylor Gatto on trust, competence and ancient Athens:

For a long time, for instance, classical Athens distributed its most responsible public positions by lottery: army generalships, water supply, everything. The implications are awesome— trust in everyone’s competence was assumed; it was their version of universal driving. Professionals existed but did not make key decisions; they were only technicians, never well regarded because prevailing opinion held that technicians had enslaved their own minds. Anyone worthy of citizenship was expected to be able to think clearly and to welcome great responsibility. As you reflect on this, remember our own unvoiced assumption that anyone can guide a ton of metal travelling at high speed with three sticks of dynamite sloshing around in its tanks.

When we ask what kind of schooling was behind this brilliant society which has enchanted the centuries ever since, any honest reply can be carried in one word: None. After writing a book searching for the hidden genius of Greece in its schools, Kenneth Freeman concluded his unique study The Schools of Hellas in 1907 with this summary, “There were no schools in Hellas.” No place boys and girls spent their youth attending continuous instruction under command of strangers. Indeed, nobody did homework in the modern sense; none could be located on standardized tests. The tests that mattered came in living, striving to meet ideals that local tradition imposed. The word sköle itself means leisure, leisure in a formal garden to think and reflect. Plato in The Laws is the first to refer to school as learned discussion.

Of course one thing that would change the whole shebang is to decentralise the whole political process creating a network/nodal structure rather than hierarchical pyramid. This helps to build a more sustainable community structure as well as giving back autonomy to local regions to do what is most suitable in that region and to local needs. Its similar in some respects to the polycentrism being developed in Finland. These structures tend to be inherently more resilient, and have existed traditionally all over the world such as the Haudenosaunee (Six Nations Confederacy) was founded over 1,000 years ago, and ironically the ‘Mafia’ which has its root in feudalism prior to the annex of Sicily in 1860:

The ‘mafia’ is generally thought of as an Italian secret crime society, but the origins of the Mafia start way before the onset of automatic guns and cocaine. The Mafia began as a way of life: a way to protect one’s family and loved ones from the injustice of the government.

.

Social entrepreneur and Chiarman of the Schumacher society, Herbert Girardet talks about sustainable cities and the democratic process:


Herbert Girardet: The self-sufficient city

The characteristic of a truly sustainable city is, first and foremost, that it powers itself entirely by means of renewable energy systems. Herbert Girardet encourages us to make a quick switch to renewable energy to power our houses, our urban transport systems and our daily way of life.

Another important issue is not just the economics and the environmental aspects of sustainability but also what one might call cultural sustainability. It is critically important to have the flow of ideas and to include the way people think into city planning. Decisions affect our daily lives.

One of the big problems in modern democracies is that we are only asked to manifest our views every four-five years when an election takes place. But, in a world where sustainability and concern about damaging the world fatally is becoming such a big issue, it is of critical importance to voice our views much more actively today and to use them in decision-making.

For instance, in the Brazilian city of Porto Alegre the city government decided to involve the general public in the budget setting process. People started considering what the money should be spent on. On better schools, better transport systems, playgrounds and so on. This was a creative process where everyone was asked to participate with their views and ideas on how to do this. By way of process Porto Alegre has become a dynamic city. Suddenly people think about these issues on a daily basis.

In our present world, particularly in Europe, we take the unlimited access to food for granted. But food supply is becoming a big problem.

One example of a remarkable development is the urban agriculture of Havana in Cuba. When the Soviet Union collapsed in ’89, trade stopped and they had to come up with new ways of feeding their cities. They turned unused land within the city into little farms. A response to a crisis situation turned into new opportunities to create a high degree of food self-sufficiency. When you go to Havana today the whole city is covered with small cooperative farms that are cultivated by people from surrounding apartment buildings. Tens of thousands of hectares of land within the city are now turned over to growing crops for the local people.

You can find similar things in Dar Es Salaam in Tanzania, which has similar urban agriculture projects, but also Accra in Ghana and in many Chinese cities. Urban agriculture is a very important part of the future of cities.

After all what do people really need:

To help focus our discussion we have taken a provisional definition of a sustainable city from Herbert Girardet. By city he is actually talking about all significant human settlements.

A ‘sustainable city’ is organized so as to enable all its citizens to meet their own needs and to enhance their well-being without damaging the natural world or endangering the living conditions of other people, now or in the future. (Girardet 1999: 13)

This definition has a number of things going for it. It places people and their long term needs at the centre. These include:

Good quality air and water, health food and good housing.

Good quality education, a vibrant culture, good health care, satisfying employment or occupations and a sharing of wealth.

Safety in public places, equal opportunities, freedom of expression and catering for the needs of the young, the old and the disabled. (op. cit.)

This is clearly a greener, and more inclusive approach to sustainability than exists within the current policies of most countries (see below). It looks to the environment and to economics and to social relationships and social justice. As such it is a more hopeful vision – and this, we believe, is vital to education and community development.

The only ‘national’ policy you need is to let the locals get on with it, but of course that would mean the death of the beast*, and I doubt it will go without a fight…

L,
Sid.
* corrupt system of governance

March 12, 2013 at 8:59 am #7103

TheTrivium4TW

autoearthadmin post=6804 wrote: But after reading through the lazy sloppy “journalism” in the international press in the days following the elections, it was obvious that wouldn’t have been sufficient anymore. Hardly anyone seems to know who Beppe Grillo is, and more importantly, they don’t seem to care. In their minds, because everybody else does it, they are fine calling him a clown, a dictator and (Italian paper Gazetta Del Sud) a “foul-mouthed rabble rouser”. Much easier, because it doesn’t require any research.

Hi Ilargi, I don’t think lazy, sloppy, easy or lack of research has anything to do with it.

“…the J.P. Morgan [banking] interests…. and their subsidiary organizations got together 12 men high up in the newspaper world and employed them to select the most influential newspapers in the United States and sufficient number of them to control generally the policy of the daily press of the US…. They found it was only necessary to purchase the control of 25 of the greatest papers. …an editor was furnished for each paper to properly supervise and edit information….”
–Congressman Oscar Callaway statements were included in the Congressional Record (vol. 54, February 9, 1917, p. 2947)

When one acts as rent seeker on the money supply, one defines themselves into the Highest Bidder category.

The best way not to get bad press is to identify the key press outlets and buy them up. That way, the stories you want run get run and the stories you don’t want run don’t get run.

The “media” is fake – there is no legal obligation for the media to tell you the truth.

Unsettling Accounts
https://www.youtube.com/watch?v=eZkDikRLQrw

If Monsanto is able to control Fox News in this manner, how much more are Monsanto’s financiers, scratch that, nation state financiers, are able to control the international media?

Sometimes the truth gets out, though, because not everyone is a bought and paid for high up editor who understands their role. When Dylan Ratigan called for bankers to go jail for their crimes, he was gone from his lead position on prime time CNBS Fast Money within a week.

Cenk Uyger found himself not selling the false narrative up to financial establishment expectations and this video tells the story of how he was 1. Offered more money to say a lot less and 2. Let go.

Cenk Leaves MSNBC (Inside Story)
https://www.youtube.com/watch?v=5x7o0sNrulg

The establishment media has essentially sold their “for profit” soul to Biggest Finance Capital because they know if they bite the only free cash flow hand left, they won’t get “fed.”

The media isn’t lazy or uninformed, they are hired character assassins as guilty of treason as the Vichy French.

Grillo is the victim of a massive logical fallacy attack – in this case ad hoominem. They don’t ever want to address the issues he brought up in his 1998 show, so they attack him personally.

Anyone schooled in the Trivium portion of the classical liberating arts will pick this up right away – like second nature. My guess is the logical fallacies keep on a coming – expect straw men attacks, appeal to authority attacks, etc…

Learn the fallacies, people – the reason these fallacies were codified is because sophists were trained in the logical fallacy arts in order to DECEIVE people. If you don’t know the fallacies then you could easily fall victim to one.

One caveat: the absolute best version of appeal to authority is when a corrupt authority is running an appeal to authority logical fallacy.

For example, when Ben Bernanke, a legitimate authority on the the Federal Reserve System, claims a dual mandate, he’s lying. The reason he gets away with the lie is because people rely on his authority (appeal to authority) instead of actually read Section 2A of the Federal Reserve Act itself (the source document and a higher authority than Ben Bernanke).

Weapons of Mass Debt
http://www.keepandshare.com/doc/3324744/wmdebt-graph-3-79k?tr=77

Why would Bernanke play the role of sophist and use appeal to authority logical fallacy in order to deceive his audience?

Because he’s an establishment criminal who broke the singular mandate and uses the “dual mandate” to fool people so they don’t realize the Fed broke the black letter law and blew the world’s largest credit bubble in human history.

If you can’t independently verify something and have to simply rely on the word of an authority, it is an appeal to authority logical fallacy because you can’t exclude the fact the “authority” may well be corrupt and using logical fallacy as a weapon of deception.

The people are on the chessboard. The establishment opposes the people and the chessmaster is Biggest Finance Capital or, as Geeorge Carlin referred to them, The Owners.

At the very top is the small cabal of people who define money and lend money to the nation states. If you want to know where the world is being directed, learn the value system of this cabal of people.

A good start would be reviewing the documentary “The Corporation.”

https://www.youtube.com/user/machbar

This documentary compares the legal corporate structure to the clinical definition of a psychopath (I think sociopath is a better description).

I would put forth for consideration the idea that this cabal that defines money as debt and loans it to the world created the legal corporate structure in their own image – they are profit making sociopaths.

March 12, 2013 at 10:19 am #7104

TheTrivium4TW

jal post=6806 wrote:
During the roman empire the slaves revolted and almost got Rome.

The bankers won that battle.

Slaves got slaughtered.

But that was ahrd work. It is so much better to trick your prey to turn over the keys to their home believing that they are the bad guys…

How to be a Crook

https://www.youtube.com/watch?v=2oHbwdNcHbc

This video is quite well done, IMHO, as it provides a good context before exposing the criminal syndicate that installed the debt money fractional reserve Trojan Horse system across the world.

The first that happens when “the West,” which has been hijacked by Biggest Finance Capital powers, overthrows a country not already under Debt Money Tyranny, they set up a central bank and install the Debt Money Tyranny Trojan Horse.

jal post=6806 wrote: The slaves in Haiti revolted and won.

The bankers are saying you made your bed and we are going to make sure that you lie in it.

Haiti didn’t win, they just aren’t worth the effort yet. Maybe they banksters will mop them up later. Or not.

jal post=6806 wrote:
What about Cuba? They have been fighting the bankers for 50 years.

Kennedy was the only person that stopped LL Lemnitzer and the Joint Chiefs of the hijacked American military from run implementing their false flag operation to invade and conquer Cuba.

Operation Northwoods – read it!

http://archive.org/details/OperationNorthwoods

“(11) Sink ship near harbor entrance. Conduct funerals
for mock-victims (may be lieu of (10)).”

The hijacked US military would pretend Castro sunk a ship and pretend that this action murdered people.

“3b. We could blow up a drone (unmanned) vessel anywhere in the Cuban waters. We could arrange to cause such Incident in the vicinity of Havana or Santiago as a spectacular result of Cuban attack from t^ie air or sea, or both. The presence of Cuban planes or ships merely Invefs^gating the intent of the vessel could be fairly compelling evidence that the ship was taken “under attack. The nearness to Havana or Santiago would add credibility especially to those people that might
have heard the blast or have seen the fire. The US could follow up with an air/sea rescue operation covered by US fighters to “evacuate” remaining members of the non-existent crew. Casualty lists In US newspapers would cause a helpfull wave of national indignation,”

Blow up a drone, pretend to kill people, use the Vichy media to fool the people with Goebbles style propaganda.

“9bb. On one such flight, a pre -briefed pilot would fly tail-end Charley at considerable Interval between aircraft. mxie near the Cuban Island this pilot would broadcast that he had been junked by MIGs and was going down. No other calls would be made. The pilot would then fly directly
west at extremely low altitude and land at a secure base, an Eslln auxiliary. The aircraft would be met by the proper people, quickly stored and given a xTew tail number. The pilot who had performed the mission under ‘an alias, would resume his proper identity and return to his normal place of business. The pilot and aircraft would then have
disappeared.

G. At precisely the same time that the aircraft was presumably shot down a submarine or small surface craft would disburse F-iOl parts, parachute, etc., at approximately 15 to 20 miles off the Cuban coast and depart. The pilots returning to Homestead would have a true story as far as they knew. Search ships and aircraft could be dispatched and parts of aircraft found.”

Read the rest of the document – you can be proud that your government was already fully hijacked and criminal back in the 1960s.

For those that don’t know, Lemnitzer’s false flag ways were so coveted by NATO that they hired him to head their organization. Lemnitzer led the way in the effort to morph Operation Northwoods into Operation Gladio… the effort for the establishment to murder whomever they pleased, preferrably children far removed politics, in order to manipulate and control the populations of Europe.

Back in America, Northwoods went live in the Gulf of Tonkin (America was never attacked!) and the USS Liberty once Kennedy had been removed as veto vote.

jal post=6806 wrote:
Then lets look at the accomplishments of some of the powerful and influential people that knew “THE SCORE”.
Napoleon Bonaparte
Robert Hemphill
Henry Ford
and many more

“In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.”
-Ezra Pound

“The bankers will favor a course of special legislation to increase their power…They will never cease to ask for more, …so long as there is more that can be wrung from the toiling masses of the American People…The struggle with this money power has been going on from the beginning of the history of this country.”
~Peter Cooper, open letter to President Grant, June 1, 1877.

“Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out!”
~From the original minutes of the Philadelphia committee of citizens sent to meet with President Jackson (February 1834), according to Andrew Jackson and the Bank of the United States (1928) by Stan V. Henkels – online PDF

“The bank, Mr. Van Buren, is trying to kill me, but I will kill it.”
~Said to Martin Van Buren (1832-07-08) and quoted in The Autobiography of Martin Van Buren, published in Annual Report of the American Historical Association for the Year 1918, vol. II (1920), ed. John Clement Fitzpatrick, ch. XLIII (p. 625)
Referring to the Second Bank of the United States

“All the perplexities, confusions, and distresses in America arise, not from defects in their constitution or confederation, not from a want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation.”
~ John Adams, letter to Thomas Jefferson (1787-08-25), The Works of John Adams

“This institution (privately-owned central banks) is one of the most deadly hostility against the principles of our Constitution…suppose a series of emergencies should occur…an institution like this…in a critical moment might overthrow the government.”
~Thomas Jefferson, December 1803 letter to Treasury Secretary, Albert Gallatin.

“We say in our platform that we believe that the right to coin and issue money is a function of government. We believe it. We believe that it is a part of sovereignty, and can no more with safety be delegated to private individuals than we could afford to delegate to private individuals the power to make penal statutes or levy taxes…Those who are opposed to this proposition tell us that the issue of paper money is a function of the bank, and that the government ought to go out of the banking business. I stand with Jefferson rather than with them, and tell them, as he did, that the issue of money is a function of government, and that the banks ought to go out of the governing business… When we have restored the money of the Constitution, all other reform will be possible, but until this is done there is no other reform that can be accomplished.”
~William Jennings Bryan, Cross of Gold Speech, 1896. http://en.wikisource.org/wiki/Cross_of_Gold_Speech .

“The real menace of our republic is this invisible government which like a giant octopus sprawls its slimy length over city, state and nation. Like the octopus of real life, it operates under cover of a self created screen….At the head of this octopus are the Rockefeller Standard Oil interests and a small group of powerful banking houses generally referred to as international bankers. The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes. They practically control both political parties.”
~New York City Mayor John F. Hylan, 1922. http://en.wikipedia.org/wiki/John_Hylan

“The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson — and I am not wholly excepting the Administration of W.W. (Woodrow Wilson). The country is going through a repetition of Jackson’s fight with the Bank of the United States — only on a far bigger and broader basis.”
~ Franklin Roosevelt, letter to Col. Edward Mandell House (21 November 1933); as quoted in F.D.R.: His Personal Letters, 1928-1945, edited by Elliott Roosevelt (New York: Duell, Sloan and Pearce, 1950), pg. 373.

“The depression was the calculated ‘shearing’ of the public by the World Money powers, triggered by the planned sudden shortage of supply of call money in the New York money market….The One World Government leaders and their ever close bankers have now acquired full control of the money and credit machinery of the U.S. via the creation of the privately owned Federal Reserve Bank.”
~Curtis Dall (FDR’s son-in-law), My Exploited Father-in-Law, 1967.

jal post=6806 wrote:
NOTHING CHANGED.

This is true. No matter how I run this problem through my head, every single solution has an educated and active contained within it.

“If a nation expects to be ignorant and free, in a state of civilization, it expects what never was and never will be.”
~Thomas Jefferson

We are an ignorant nation. We don’t even know the pre-requisites to knowing something. We don’t even know to look for contradictions and fallacies.

The solution was identified in ancient times by the likes Pythagorus and implemented by Socrates, Plato and Aristotle.

The Trivium are the first three of the classical liberating arts (making the mind free instead of enslaved to establishment “authority”) and they were scrubbed from the Prussian education system that became the model for America. The Prussian goal was to generate servants to authority – so if an authority figure told you to kill people, you would.

The Milgram Experiment – 65% were ready to kill a person based on monetary payment and the approval of “authority.”

https://en.wikipedia.org/wiki/Milgram_experiment

Most people have no idea who The Big Bad is – to be clear it is the Biggest Finance Capital international banking cartel that inflicts fraudulent Debt/Fractional Reserve Money Tyranny to nation states.

It is the multinational banking/corporation OWNER CLASS and they believe themselves to be supranation – above the nation states.

jal post=6806 wrote:
KNOWING WHAT IS HAPPENING AND CHANGING WHAT IS HAPPENING IS NOT THAT EASY.

Those who control the printing press have the advantage.

Which is, of course, why they use the proceeds of their societal asset stripping to seize control of the major media.

They then sell the idea that the central bankers and politicians are misguided as they gut the world of civil liberties and monetary and real physical wealth.

The international banking cartel will be the ultimate authority over the boot that lands upon your neck.

There are ways to fight back, but people who don’t know how to systematically think and evaluate informations are doomed to being “useful idiots,” as Stalin called them.

The Trivium is key to learn how to learn – the secret withheld from the schooling/conditioning systems today.

http://www.unpluggedmom.com/category/blog/education-transformation/edu-methods/trivium-methods/

(start listening form the bottom)

People then need to learn the monetary system is a societal theft mechanism from the ground up:

Debt Money Tyranny

http://www.keepandshare.com/doc/4768883/debtmoneytyranny-6-1-pdf-60k?tr=77

This has been downloaded about 10,000 times and only about 10 people have replied to it directly. This is key information presented in a way I’ve never seen it presented and people can’t seem to muster a response to it.

They also need to understand who the enemy is – Sun Tzu made that clear thousands of years ago. WHO set up this fraudulent monetary system and WHO caused the economic collapse that will destroy the futures, if not lives, of billions of people?

The people who created the bubble always create the bust, for bust always follows bubble like night follows day.

Solutions every day people can make are included on the second page. Pay cash, shop local, buy from small shops, avoid big shops, gain control over the necessities of life, build community, spread the word, identify the criminals so that the criminals won’t deceive the masses and stay in power to continue their wicked evil ways – the sophistication of their evil doesn’t make it any less evil.

You can do all you can to prepare for life in Jeffrey Dahmer’s basement, but at some point you need to identify and get rid of Jeffrey Dahmer or you will likely end up eaten. This is a truth that TAE is not yet comfortable delivering, but I will. It is also a truth that will, in some cases distract from TAE’s overall message because the masses can’t think clearly enough to rationally analyze and understand the world in which they live and to identify the methodologies of the current top dog human predator class. Most will have to lose a pound of flesh, or more, before they are even willing to consider it.

Weapons of Mass Debt

http://www.keepandshare.com/doc/3324744/wmdebt-graph-3-79k?tr=77

Spead the word. Copy those documents and hand them out – but make sure you fully understand the magnitude of them first.

March 12, 2013 at 10:32 am #7105

TheTrivium4TW

gurusid post=6814 wrote:
The only ‘national’ policy you need is to let the locals get on with it, but of course that would mean the death of the beast, and I doubt it will go without a fight…

L,
Sid.

“In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.”
- Ezra Pound

Forbes exposing the 1.6 billion DHS bullets removes all doubt – they are gearing up for a fight when the physical asset stripping phase of Debt Money begins in earnest.

http://www.forbes.com/sites/ralphbenko/2013/03/11/1-6-billion-rounds-of-ammo-for-homeland-security-its-time-for-a-national-conversation/

Forbes wants their readers to think DHS is bureaucrats are simply stupid and the 1.6 billion (really 2.0+ billion now) is just an “accident.” The OWNERS and FINANCIERS of Forbes wouldn’t finance lies to protect self interest and deceive their victims, would they?

It’s all an illusury fraud, people… when money is defined as debt, growth = more debt = more impoverishment and the monetary wealth of one is the inextinguishable debt of everyone else.

http://www.keepandshare.com/doc/4768883/debtmoneytyranny-6-1-pdf-60k?tr=77

The Gates Foundation is quite literally a neo-slave master. Their monetary wealth is everyone else’s unpayable debt requiriing them to slave away to pay interest on that debt with no societal hope of ever paying down that debt unless the Gates Foundation gives everyone holding the debt that created it the money to pay it back.

That’s pretty slick of the modern day slave drivers… everyone thinks they are “charitable” simply because they don’t have clue one how the monetary system actually works!

It is not a mistake, it is an Art of War, war is all about deception, societal conquering operation.

“In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.”
- Ezra Pound

March 12, 2013 at 5:44 pm #7107

gurusid

Hi Trivium,

Careful of preaching to the choir, the choir is well aware of the score…

As for functional illiteracy:


Ed West in the Telegraph:
One in five Brits is functionally illiterate – and public schoolboys like Nick Clegg will keep it that way
Back in the days when I used to work at Nuts magazine, the bosses brought in a sort of marketing guru during the first few weeks to help with struggling sales.

After presenting us with the amazing revelation that “men like breasts” (for which IPC paid him a handsome amount of money) he also told us to reduce our typical story length from 400 to 150 words because, as he explained, “a quarter of British men are functionally illiterate”.

Within weeks we were selling hundreds of thousands.

As John Taylor Gatto says:

“…‘How will they learn to read?’ you ask, and my answer is ‘Remember the lessons of Massachusetts.’ When children are given whole lives instead of age-graded ones in cellblocks, they learn to read, write, and do arithmetic with ease, if those things make sense in the kind of life that unfolds around them.”

“It’s absurd and anti-life to be part of a system that compels you to sit in confinement with people of exactly the same age and social class. That system effectively cuts you off from the immense diversity of life and the synergy of variety; indeed it cuts you off from your own past and future, sealing you in a continuous present much the same way television does…”

“Whatever an education is, it should make you a unique individual, not a conformist; it should furnish you with an original spirit with which to tackle the big challenges; it should allow you to find values which will be your road map through life; it should make you spiritually rich, a person who loves whatever you are doing, wherever you are, whomever you are with; it should teach you what is important, how to live and how to die.”

– John Taylor Gatto

Here’s Derrick Jenson quoting Jack D Forbes on the ‘insanity’ of it all:

Now, were Columbus and his fellow European exploiters simply “greedy” men whose “ethics” were such as to allow for mass slaughter and genocide? I shall argue that Columbus was a wétiko, that he was mentally ill or insane, the carrier of a terribly contagious psychological disease, the wétiko psychosis. The Native people he described were, on the other hand, sane people with a healthy state of mind. Sanity or healthy normality among humans and other living creatures involves a respect for other forms of life and other individuals, as I have described earlier. I believe that is the way people have lived (and should live).

The wétiko psychosis, and the problems it creates, have inspired many resistance movements and efforts at reform or revolution. Unfortunately, most of these efforts have failed because they have never diagnosed the wétiko as an insane person whose disease is extremely contagious.

Jack D. Forbes

Unfortunately most of the infecting takes place in the schools…

L,
Sid.

March 12, 2013 at 6:03 pm #7108

gurusid

Hi illarghi

the lazy sloppy “journalism” in the international press

Just as I thought, the propaganda machine has gone into overdrive… Pizza spring and Grillo warfare here we come…

L,
Sid.

March 12, 2013 at 9:51 pm #7111

Professorlocknload

I alluded to this somewhere else, but here again, this is why the DOW is more important than a little economy that represents less than 4% of world economic activity. This is also where, ultimately, Beppe must go to gain “enlightenment.”

https://en.wikipedia.org/wiki/List_of_United_States_Army_installations_in_Italy

Then, with permission, he may go on to pretend to lead.

Bottom line? Not hard to figure out, but suffice it to say, the DOW is the core, the Euro Zone is the periphery. We may not like it, but only the masochistic will deny it. And yes, the US will end up breaking it all to pieces again, so it may be reconstructed in a more “corporate democratic” way. I mean, where else are the big shots gonna get their Lamborghini’s?

http://www.zerohedge.com/news/2013-03-12/what-recession-2012-lamborghini-deliveries-50-us-34-europe

On another note, the more I read illiteracy rate related headlines, the more J.T Gatto makes sense. Not questioning so much what the “educated” don’t know, but asking what they have been taught that just ain’t so.

March 12, 2013 at 10:24 pm #7112

jal

… the choir is well aware of the score…

“In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.”
- Ezra Pound

But, BUT, … Nothing is different this time around.

Somehow, the saying

“KNOWLEDGE IS POWER”

does not seem to apply to this choir or to any other ancient choir.

On another note, the more I read illiteracy rate related headlines, the more J.T Gatto makes sense. Not questioning so much what the “educated” don’t know, but asking what they have been taught that just ain’t so.

I have forgotten more than what I remember.

March 12, 2013 at 11:25 pm #7113

jal

Here is a look at the USA.

http://www.zerohedge.com/news/2013-03-11/foodstamp-recipients-hit-record-alongside-record-dow-jones-and-record-debt-20-eligib

Foodstamp Recipients Hit Record, Alongside Record Dow Jones And Record Debt: 20% Of Eligible Americans On EBT

Once more, record number of Americans on foodstamps. According to the USDA, an all time high of 47,791,966 Americans closed 2012 in possession of the highly desired Electronic Benefits Transfer (EBT) card, managed by who else but JPMorgan. And with a civilian non-institutional population of 244.4 million in December, this means that a record 19.56% of eligible Americans are on Foodstamps.

http://www.zerohedge.com/contributed/visualizing-large-numbers-and-your-holiday-car-trip

Imagine driving all day, every day, for 31 days.  That relentless line of people standing heel-to-toe passes by at 60 miles per hour for an entire month.  When you have reached your destination 15,500 miles away, the 47,000,000 people you will have passed is the number of people lining up for a meal every day in America’s breadline, also known as food stamps, or SNAP.

Its even worst than that.
If you include everyone who will not try to live on average monthly benefit of $277.09.
Those would be everyone who are borrowing money to live today, the students with loans must also be included in this long line.

I cannot visualize the worst line for Italy or the other EU countries.

March 13, 2013 at 2:14 am #7115

Professorlocknload

Back on track. I’ll refer this little post as another piece of the Beppe puzzle. No politician rises to the top accidentally. Not even clowns, community organizers or CIA directors sons. Of course, firewalls are carefully placed around these designs, making them quite anonymous.

http://www.thedailybell.com/28812/Italys-Top-Pol-Beppe-Grillo-Being-Groomed-for-Disruption-by-Soros

March 13, 2013 at 3:49 am #7116

gurusid

Hi Jal,

Somehow, the saying

“KNOWLEDGE IS POWER”

does not seem to apply to this choir or to any other ancient choir.

IMHO, that’s because the term ‘Knowledge is Power’, depending upon the context, is both an oxymoron and a category error… :lol:

L,
Sid.

March 14, 2013 at 8:57 am #7128

TheTrivium4TW

Re: Lazy vs corrupt media…

An astute commentor on Zerohedge made a point that resonated with me.

Grillo is NOT a clown. Rather, Grillo IS a comedian.

Comedians often tackle real issues and present them in a funny way.

If the media used the word “comedian,” well, the people might want to know more about his comedy.

But a clown, well, they are just goofy with no message at all, so there is no reason to look deeper.

Now, I’m well aware this kind of suggestion only works on the portion of society that is in an establishment trance. Unfortunately, that portion of the population is well over 50%. They don’t write articles to appeal to people like most here that know the criminals fund the very media that tries to spin the news for their paymasters.

They write it for people who believe we are in a recovery. And it is effective, which is why they are running the show and so many other criminals are not running the show.

Lazy reporters would have called Grillow what he actually was – a comedian.

Machiavellian psy-op masters would never settle for laziness.

“In the technotronic society the trend would seem to be towards the aggregation of the individual support of millions of uncoordinated citizens, easily within the reach of magnetic and attractive personalities exploiting the latest communications techniques to manipulate emotions and control reason.”
- Zbigniew Brzezinski, Between Two Ages: America’s Role in the Technetronic Era

It is easier to kill a million people… Zbigniew Brzezinski
https://www.youtube.com/watch?v=jkCEOSgLRt4

Who is the “they,” of which he speaks, that seeks to control people.

March 15, 2013 at 5:59 am #7132

Gravity

Gravità è un algoritmo ricorsivo ;)

March 15, 2013 at 9:52 am #7134

william

Really people need to listen better. Capitalism is only the redistribution of wealth. Greece and now Italy better realize capitalism has no place in a disaster. Leaving the EU is not optional it is mandatory.

People confused about what I mean I have suggested looking at Katrina. When disaster struck people who attempted anything like capitalism was called profiteering. You were considered evil and the law would not protect you. Again and again in any place that needs disaster relief capitalism shuts down volunteers rise up and the military presents structure.

Greece, Italy and many others are in economic disaster and need to be zoned as such. Regrettable but we all know this

March 15, 2013 at 4:42 pm #7135

gurusid

Clown or comedian,

They just elected a bigger one:

:evil:


:woohoo:


‘New pope, lets party!’

:cheer:

Where as most people (a Billion hits)would rather do the Harlem Shake:

Harlem Shakers Surprised By Dance Craze

Welcome to the Idiocracy:
http://www.youtube.com/watch?v=BBvIweCIgwk

L,
Sid.

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