"We're going to kill the dollar"
The Federal Reserve’s Plan B by Mike Whitney
How do you solve a problem when you’re running a 10% fiscal budget deficit? You are not going to get growth without private sector credit demand. The government’s idea right now is that we’re going to export our way out of this, and when I asked a senior member of the Obama administration last week how are we going to grow exports if we will not allow nominal wage deflation? He said, “We’re going to kill the dollar.” Kyle Bass interview.
Last week, amid growing rumors of a global currency war, the Fed’s balance sheet broke the $3 trillion-mark for the first time in history. According to blogger Sober Look: “For the first time since this program was launched (QE) it is starting to have a material impact on bank reserves … which spiked last week. 2013 will look quite different from last year. The monetary base will be expanded dramatically as long as the current securities purchases program is in place. ‘Money printing” is in now full swing.’” (“Fed’s balance sheet grows above $3 trillion, finally impacting the monetary base”, Sober Look)
Fannie and Freddie’s policy is designed to help the banks
The Fed’s MBS purchasing program is designed to help the banks.
The Fed’s QE (UST purchases) policy is designed to help the banks.
Full analysis http://www.counterpunch.org/2013/01/22/t
9. When we introduced into the State organism the poison of Liberalism its whole political complexion underwent a change. States have been seized with a mortal illness - blood poisoning. All that remains is to await the end of their death agony.
10. Liberalism produced Constitutional States, which took the place of what was the only safeguard of the goyim, namely, despotism; and a constitution, as you well know, is nothing else but a school of discords, misunderstandings, quarrels, disagreements, fruitless party agitations, party whims - in a word, a school of everything that serves to destroy the personality of State activity. The tribune of the "talkeries" has, no less effectively than the press, condemned the rulers to inactivity and impotence, and thereby rendered them useless and superfluous, for which reason indeed they have been in many countries deposed. Then it was that the era of republics become possible of realization; and then it was that we replaced the ruler by a caricature of a government - by a president, taken from the mob, from the midst of our puppet creatures, or slaves. This was the foundation of the mine which we have laid under the goy people, I should rather say, under the goy peoples.
Shock claim: Obama only wants military leaders who 'will fire on U.S. citizens'
On Monday, renowned author and humanitarian Dr. Jim Garrow made a shocking claim about what we can expect to see in Obama's second term.
Garrow made the following Facebook post:
I have just been informed by a former senior military leader that Obama is using a new “litmus test” in determining who will stay and who must go in his military leaders. Get ready to explode folks. “The new litmus test of leadership in the military is if they will fire on US citizens or not.” Those who will not are being removed.
So, who is the source?
Garrow replied: “The man who told me this is one of America’s foremost military heroes.”
[...] This comes on the heels of Sunday's report in the Washington Free Beacon (WFB) that the head of Central Command, Marine Corps Gen. James Mattis is being dismissed by Obama and will leave his post in March.
The WFB article states:
“Word on the national security street is that General James Mattis is being given the bum’s rush out of his job as commander of Central Command, and is being told to vacate his office several months earlier than planned.”
Did Gen. Mattis refuse to "fire on U.S. citizens?"
What's happening with the N. American state terrorism org?
WASHINGTON (AP) - The White House said Wednesday it will go ahead with Gen. John Allen's nomination to become commander of NATO forces in Europe, following his exoneration in a Pentagon investigation of questionable email exchanges with a Florida woman linked to the sex scandal that led David Petraeus to resign as CIA director.
If confirmed by the Senate, Allen would succeed Navy Adm. James Stavridis in the NATO post. Allen is due to leave his position as commander of U.S. and coalition forces in Afghanistan on Feb. 10.