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Let us take a closer look at the Federal Reserve’s balance sheets, at least to the extent that they are available to us. One year before reaching their record-high profits, the Fed’s assets consisted of nearly $500 billion in government assets. These consisted of Treasury bonds and assets issued by Fannie Mae and Freddie Mac, the two giants of the real-estate market whose solvency is guaranteed by the federal government. Since Fannie and Freddy are currently owned by the state, their assets should be treated as state securities.
During 2009, the Fed was engaged in aggressive interventions in the financial markets; through various operations, it increased the amount of state assets in its possession to $1.8 trillion. The amount of government assets on the Fed’s balance sheet more than tripled. With this huge increase in assets held, $46 billion is merely a 2.5 percent return, which was provided directly by the government.
Therefore, the Fed’s so-called “profits” are not a sign of the coming of a great revival for economy. They rather mean that a “Keynesian trick” has hid the decline in economic welfare. This trick is often referred to as a “policy mix” — a mixture of fiscal and monetary policies.
Charlie Brooker - How To Report The News
“Garet Garrett, the Old Right author and skeptical chronicler of the rise of empire, once remarked that the American Imperium is unlike any other in history in that “everything goes out and nothing comes in.” While it’s true that a certain class of “entrepreneurs,” i.e. the arms industry, profit from war, the country and the economy suffer a net loss. The American system of empire cannot sustain itself.
The diversion of so much wealth to maintain the mightiest military machine in the history of the world has been a tremendous drain that has depleted our savings and thrown us into an abyss of debt. We have mortgaged the future of our nation in order to “save” the world from itself – but there’s no payoff, except the emotional rewards of extreme nationalism and militarism.”
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…Who can say what the future will bring,
Will it cause us to dance or cause us to sing?
I don’t believe in predestined fate.
The future is what we choose to create….
Ralph Abraham PhD, the pioneering mathematician and chaos theorist, discusses the difference between the DMT experience and the LSD experience.
LSD is a drug that produces fear in people who don’t take it. —Timothy Leary
Metaphase Typewriter Hardware
The Agency: CIA Terrorist Sting Operation in a Post Office
The Original iPad
"12:43 US Senate passes Debt Ceiling increase resolution of $1.9 trillion to
$14.3 trillion, as expected.
Final vote was 60-39. Recall that Congress raised the debt ceiling on a
temporary basis in December by $290B to $12.4 trillion"
The worthless justice system of a first world banana republic:
“A citizen may not gain standing by claiming a right to have the government follow the law,” (.pdf) Walker ruled late Thursday.
He noted that the plaintiffs include most every American connected to the internet or to have used a telephone — meaning the lawsuits boil down to a “general grievance” and are barred.
Judge Walker said that the lawsuits, in essence, cannot be brought because they are “citizen suits seeking to employ judicial remedies to punish and bring to heel high-level government officials for the allegedly illegal and unconstitutional warrantless electronic surveillance program or programs now widely, if incompletely, aired in the public forum.”
Cindy Cohn, the legal director of the Electronic Frontier Foundation that brought one of the cases, said the decision means “when you’re trying to stop the government from doing something illegal, and if the government does it to enough people, the courts can’t fix it.”
The worthless justice system of a first world banana republic:
“A citizen may not gain standing by claiming a right to have the government follow the law,” (.pdf) Walker ruled late Thursday.
He noted that the plaintiffs include most every American connected to the internet or to have used a telephone — meaning the lawsuits boil down to a “general grievance” and are barred.
Judge Walker said that the lawsuits, in essence, cannot be brought because they are “citizen suits seeking to employ judicial remedies to punish and bring to heel high-level government officials for the allegedly illegal and unconstitutional warrantless electronic surveillance program or programs now widely, if incompletely, aired in the public forum.”
Cindy Cohn, the legal director of the Electronic Frontier Foundation that brought one of the cases, said the decision means “when you’re trying to stop the government from doing something illegal, and if the government does it to enough people, the courts can’t fix it.”
The message from the American Master Class to the American people is simple and clear: We Defy You.
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In order to comply with government search warrants on user data, Google created a backdoor access system into Gmail accounts. This feature is what the Chinese hackers exploited to gain access.
Google’s system isn’t unique. Governments around the world — in Sweden, Canada and the UK, for example — are rushing to pass laws giving their police new powers of Internet surveillance, in many cases requiring communications system providers to redesign products and services they sell. Many are also passing data retention laws, forcing companies to retain information on their customers…..
Systems like these invite misuse: criminal appropriation, government abuse and stretching by everyone possible to apply to situations that are applicable only by the most tortuous logic. The FBI illegally wiretapped the phones of Americans, often falsely invoking terrorism emergencies, 3,500 times between 2002 and 2006 without a warrant. Internet surveillance and control will be no different.
Western companies like Siemens and Nokia built Iran’s surveillance. U.S. companies helped build China’s electronic police state….
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When guns are outlawed people will use Bikes
In early January we discovered that two of the seven directory authorities were compromised (moria1 and gabelmoo), along with metrics.torproject.org, a new server we’d recently set up to serve metrics data and graphs.
- The resurrection of the dead by technological means.
- A global network of thousands of virtual alternate realities, populated by billions of humans and AIs.
- A secret society of religious fanatics determined to turn back the calendar on human social evolution.
- A brutal top cop bent on usurping dictatorial powers.
- A cadre of high-tech vigilantes pledged to protect virtual freedom.
- A powerful pacifist elite who plot the end of war.
- A young man caught between the strictures of his upbringing and the love of his life.
- A society which must confront the very nature of what it means to be human.
These are the elements which collide explosively in The Last Trumpet Project, a sweeping and provocative novel of the near future.
Ron Paul: “Prepare for Revolutionary Changes in the Not-too-distant Future.”
“Could it all be a bad dream, or a nightmare? Is it my imagination, or have we lost our minds? It’s surreal; it’s just not believable. A grand absurdity; a great deception, a delusion of momentous proportions; based on preposterous notions; and on ideas whose time should never have come; simplicity grossly distorted and complicated; insanity passed off as logic; grandiose schemes built on falsehoods with the morality of Ponzi and Madoff; evil described as virtue; ignorance pawned off as wisdom; destruction and impoverishment in the name of humanitarianism; violence, the tool of change; preventive wars used as the road to peace; tolerance delivered by government guns; reactionary views in the guise of progress; an empire replacing the Republic; slavery sold as liberty; excellence and virtue traded for mediocracy; socialism to save capitalism; a government out of control, unrestrained by the Constitution, the rule of law, or morality; bickering over petty politics as we collapse into chaos; the philosophy that destroys us is not even defined.
We have broken from reality—a psychotic Nation. Ignorance with a pretense of knowledge replacing wisdom. Money does not grow on trees, nor does prosperity come from a government printing press or escalating deficits. (…continued)
Watch the Video or Read the rest of the Transcript.
The impactor’s estimated size was about 10 km (6 mi) in diameter and is estimated to have released 4×1023 joules of energy, equivalent to 100,000,000 megatons of TNT on impact. By contrast, the most powerful man-made explosive device ever detonated, the Tsar Bomba, had a yield of only 50 megatons, making the Chicxulub impact 2 million times more powerful. Even the largest known explosive volcanic eruption, which released approximately 1021 joules and created the La Garita Caldera, was substantially less powerful than the Chicxulub impact.
Another Classic Fuckup by the FBI
While the FBI claims to have used “cutting edge” technology to create the image of an aged Osama bin Laden, a Spanish politician has noticed that the poster is a modified version of his campaign photo — he now finds his face in America’s most wanted list.
Deluxe Rabbit Pearl Vibrator - Enjoy the smooth, sensual motion of the rotating penis head and spinning pleasure pearls at the touch of a button. Enjoy the jelly-soft, bulbous head twist, twirl, and reverse directions instantly, while the magical pearls massage and thro deep inside.
"I would remind you that extremism in the defense of liberty is no vice! And let me remind you also that moderation in the pursuit of justice is no virtue!
Those who seek absolute power, even though they seek it to do what they regard as good, are simply demanding the right to enforce their own version of heaven on earth. And let me remind you, they are the very ones who always create the most hellish tyrannies. Absolute power does corrupt, and those who seek it must be suspect and must be opposed.
I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them."
What is Loom?
Loom is a system which enables people to create, move, and transfer assets however they like.
James Coleman, Founder of Weather Channel, on Global Warming Scam
Animals in the Womb
Dakar Rally 2010
"After working with the vendors long enough, we’ve come to conclusion that, to put it simply, it is a waste of time. Now, we do not contact with vendors and do not support so-called ‘responsible disclosure’ policy,” Legerov said. For example, he said, “there will be published two years old Realplayer vulnerability soon, which we handled in a responsible way [and] contacted with a vendor."
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Three engineers were sitting around the office one day and the topic turned to intelligent design.
“Well,” said the mechanical engineer, if you think about how the
human body is designed, it must be the case that God is a
mechanical engineer. Just look at the ball and socket joint of
the hip, for example. A brilliant piece of work.”
“Yeah?” The electrical engineer sneered just a bit. “Well, I
dunno. You’d put a ball and socket in any number of places,
but where would you want a joint like the knee? No, I think
any serious examination of the design reveals that God is an
electrical engineer. Consider all the nerve endings, the fine
work at the tips of fingers, and, well, all sorts of other
places.”
“Oh, no, guys.” The civil engineer wasn’t taking any of this
guff from mech-E or EE. “No, you have to admit that God is a
civil engineer. Who else would run the waste line out through
the recreational area?”
