Larry Summers Calls to End $100 Billis — Here Comes the Totalitarian State


Summers Larry

 

$100 2013Larry Summers, the father of NEGATIVE INTEREST RATES, is so against a free society and looks upon us as dumb cattle to be herded and corralled for his pleasure. His ideas are just beyond belief. Now Mr. Pro-Government-Anti-Democracy is advocating killing the $100 bill. He is moving to electronic money so that government can get all the taxes it ever dreamed of. We are rapidly being converted from milk cows to just beef cows. This is creating a completely totalitarian future. With people like this who never had a real job but knows how to dictate to the world, our future looks very bleak.

Summers actually reveals this is really about taxes by arguing that the U.S. government should stop issuing new $100 bills and recall the old ones out of circulation. Keep in mind the government will comply because this is the balloon he is floating at their direction and the press cheers our demise. There is nobody in the press willing to call him out. They prefer to lick the ground he walks on. They give him air-time because that is their role.

Summers went further and suggested that even the $50 bill should be examined. In support of the ECB ending the €500 note, he slandered Luxembourg who objects to ending the €500 note by saying that this minuscule country has a “long and unsavory tradition of giving comfort to tax evaders, money launderers, and other proponents of bank secrecy.”

This proves that withdrawing the €500 note in Europe and the $100 and $50 bills in the U.S. is all about taxes — not crime or terrorism. They are moving to end money as we know it. The problem is that the $100 bill circulates predominantly OUTSIDE the USA. They will take a step closer to eliminating the dollar as the reserve currency, and eventually we will end up with a new one-world currency as early as 2018 but probably by 2020. This is really part of the 2017 G20 accord to tax everyone everywhere.

Thank you Mr. Summers for your persistent dedication to eliminating our freedom and converting the world into a giant totalitarian state, despite admitting the government is incapable of forecasting the business cycle. That means that they are too blind to even comprehend the consequences of their actions today.

$10000-100 - R

Glass-Steagall Signing-Repeal ClintonTIP: Swap your $100 notes in the sock-drawer for $20s. We went from $10,000 to $100 without terrorists or money laundering laws (which now means hiding money from government). Summers will take us down to $1 at best and he wants that gone as well. This guy should be in prison for what he has done to society. He was the cheerleader to get rid of Glass Steagall under the Clintons.

Summers is in the top 10 people who have created the destruction of all our rights and the world economy. The press treat him as royalty. In my book, he is in the class of Adolf Hitler within the Financial arena. Hitler actually began terminating the handicapped because they were a burden to the state. They happened to be veterans from WWI. This is the same attitude of Summers. Eliminate all our rights for his efficient mind to be at peace. What happens when he controls everything, and government is still unable to survive? He will be first among the elite to advocate sending in troops to hunt anyone who dissents from his will. Yes I am being harsh. But this guy has ZERO respect for that cattle he sees out his window any more than Germany terminating veterans because it was a burden to take care of them. Our society which he cannot figure out how it works because he admits it is too “complex” for his mind, never prevents him from trying to manipulate us to his desire. He seems more like a two-year old who get mad they cannot play with a toy and do not like to share. If the economy is too complex to forecast, it is too complex for his manipulation games.

Judge Tells Apple To Help FBI Unlock San Bernardino Terrorist’s Phone Data – Apple Says No…


The Federal Government itself created the situation where the San Bernardino Islamic terrorists preforming Jihad were allowed to do so even though they knew of their activities. Now they want Apple to make a back door into a product they make so they can try and do the job they should have done before this happened when they could have stopped this from happening. This can not be allowed no matter what the case. I was in military intelligence (G2) and I was a special Operations officer and I know what the government is capable of doing believe me you do not want them to have that power.

Plagues & Changes in Economics — The Hunt for Taxes


Justinian

QUESTION: Mr. Armstrong; I assume you have studied this hunt for money government goes through. Has it always ended in the collapse of government?

Thank you

PD

ANSWER: No. It really depends upon the economic system in place. There are two comparable plagues that devastated the world population. One ended in oppression and the other gave birth to capitalism. It is like the battle between public and private. It depends on what side you reside when it hits. In a public wave, taxes rise to compensate for the decline in population, whereas in the latter we find the birth of taxation applied to individuals who suddenly are free to earn money.

One of the worst such events coincided with the Justinian Plague (541-542AD) and was a pandemic involving Yersinia pestis, the organism responsible for bubonic plague. This hit the population on a monumental scale, creating a wave of devastation comparable to the Black Death that came about 600+ years later (2 x 309.6), which created capitalism by killing about 50% of the people and ended serfdom by reintroducing wages during the 14th century. It is estimated that about 25 million were impacted on its first wave but recurrences struck, bringing the total death toll to perhaps 50 million. The primary source describing this as a worldwide event in history has come to us from the noted contemporary historian during the 6th century, Procopius of Caesarea (Procopius Caesarensis; c. 500-560 AD).

Justinian-I-solidus follis - r

The Justinian Plague (541–542 AD) resulted in 5,000 deaths per day in Constantinople, but the Emperor responded with massive taxation as the pestilence swept through the known world; notably the Roman Empire. Justinian is remembered for his legal code reforms, but also for massive taxation for trying to restore the fallen glory of ancient Rome by waging a series of military campaigns to retake lands that had been overrun by barbarian tribes. The plague wiped out most of the farming community and impacted the tax revenue of the government. It was taxation that was different from the Black Death. Here taxation was applied to individuals, whereas latter taxes were minimal and applied only to landlords. Justinian showed no mercy whatsoever when it came to the collapse in his tax revenue. Despite the human desolation, Justinian hunted the ruined freeholders. He not only demanded they pay his annual tax even if they had no income, but he increased the tax on those living to compensate for the amount of taxation their deceased neighbors were liable to pay.

Justinian I was rather ruthless when it came to taxation. There was a tax revolt that boiled over on January 13, 532 AD, known as the Nika Revolt, which emerged when an angry populace arrived at the Hippodrome in Constantinople to watch the chariot races. The Hippodrome was next to the palace complex where Justinian could watch from the safety of the palace. The spectators were hurling insults at Justinian for his taxes. Initially, it was a contest between two opposing teams known as the “Blue” and “Green.” After race 22, the chants began to change to Nίκα (“Nika”, meaning “Win!” or “Conquer!”). The crowds became violent, and for the next five days the palace was under siege. They set fires that destroyed most of the city including the church, the Hagia Sophia, which Justinian would impose harsh taxes to later rebuild.

Therefore, in this instance, Justinian I raised taxes on the 50% who survived so his revenue would not decline. Since this was a period of capitalism where individuals earned money for their labor (in socialism/communism the state earns the profit from the labor of the population), taxes were raised on the people. The Black Death ended serfdom as labor became scarce and landlords had to offer more than 20% of the food and a free housing to work their land.

Draghi Lied; Claims the ECB Is Withdrawing the €500 Note for Crime and Not Taxes


500_Euro_Banknotes - R

Mario Draghi has claimed that the European Central Bank would withdraw its €500 highest-denomination banknote only to combat crime— not to curb the use of paper money — but you really cannot expect him to tell the truth. If he really told the truth, he would set off a panic withdraw from banks.

$10000-100 - R

The USA use to print $10,000 notes in 1934. That stopped with Roosevelt and the birth of socialism to prevent people from storing cash to escape taxes. There was no excuse of terrorism or crime. Crime has actually declined. Draghi is simply engaging in political bullshit by denying the truth so he can quietly remove cash from society. Teddy Roosevelt even used recorded speeches for people to listen to during the election of 1912 to press the socialist agenda under the Progressive Party. The night of the election in 1932, there were rumors that Roosevelt would close the banks and devalue the dollar. Hoover begged him to come out and say he would not for the rumor set in motion a banking panic. Those with money withdrew it. Roosevelt came out of the high of the election and lied to the public by saying he would never do such a thing. In fact, if he told the truth, people would have poured into the banks and withdrew their deposits in gold. So he lied, and then demanded all gold be turned over to the Treasury, and then he devalued the dollar in 1934.

So never pay attention to the words of politicians or central bankers. They can never say what they will do for the public will act in a counter-trend move. Draghi is withdrawing the €500 notes for the same reason FDR stopped the Treasury from issuing high denomination notes — taxes; not crime nor terrorism. It has always been about money.

EVIDENCE POINTS TO SCALIA ASSASSINATION


I agree his death is just to convenient to the progressive movement so its hard to believe that it is not an assassination!

White House Begins Selecting Scalia Replacement – Short List Includes Current AG Loretta Lynch…


I would not want to bet that McConnell doesn’t cave and confirms anyone that Obama picks no matter who it is. A more important question than Obama’s pick would be why wasn’t an autopsy preformed on Scalia?

A Generation of Politically Economic Re-education: Wall Street -vs- Main Street….


When I was in college getting my degree in economics I wrote my thesis on a variation of this off shore manufacturing problem that we have today. Moving production out of the country for cheap goods doesn’t work because that was the place the middle class got their jobs. Everyone can’t be a doctor or an attorney and you don’t need many engineers if you don’t make things. The service industry has two components to it i.e. food service and financial service or low skill and high skill with not much in between. The other problem was the services can also be taken over seas so we are left with no jobs but those in government so the bottom line is that the service economic model is based on false assumption and does not work in the long run as we are finding out. The “services” model MUST be replaced and goods production brought back or the country will cease to exist in a few decades.

India & The Hunt for Money


Pan-Card

COMMENT:

hi marty, i am from india. You ve no idea how much your blogs have helped me understand the duplicity of our governments. The Government has made mandatory registering our PAN card with the dealer for any purchase made for even as low as 2 lakh rupees (3600 dollars). They are literally hunting for money.They take everything from us and provide nothing. Thanks a lot. Please keep up the good work.

INDIA-Y 2-13-2016

REPLY: I follow India closely as well. The Pan card (Permanent Account Number) is a code that acts as identification of Indians for tax purposes. They are hunting money in all forms from cash to gold. This culminates in 2017 when the G20 begins sharing info on everyone. Anybody with a foreign account will be revealed to their government. This is why government is collapsing. There is not enough money in the system to satisfy their demands.

In part, it has been the rising aggression for taxation that help to push the stock market to new highs. When in the 2012 report we warned India would make new highs, many wrote and asked if Socrates was drunk? How could we call for new record highs in India and not in China? The markets tell you where things are going if you just listen.

No Need to Live in Fear – It’s the Ying and Yang of Civilization


Punch

QUESTION: Martin. …Thank you for getting back to me. I have one quick question though. What does it mean when you say “It is in the staging period”? Thank you for your insights. I don’t want to live in fear, but don’t know what to do.

ANSWER: There is no need to live in fear. If I tell you I am going to punch you in the face, and say see, her it comes! Do you stand there and just watch it? Or do you move or defend yourself? If you understand what is unfolding then you can move with confidence and not get sucker-punched. Do not live in fear. Just accept this is our fate. We cannot stop it for this is the way things advance. They require events to promote change.

yin_yangIt appears that 2016 is “the staging period” and by that I mean everything is preparing to align and when it does, we will see that alignment if you simply open your eyes to the world around you. As long as we understand what is coming, no worries; we can handle it. It is the reshaping of the future that we have to fight for. What kind of world will we leave our children? We can see the authoritarian posture of government as they hunt money everywhere. This has got to stop. They have become the enemy of civilization. People come together to conduct a more efficient economy. When government abuses the power and sees us as cattle, then we retreat back in the direction of smaller tribes that offer freedom from central oppression. The Ying and Yang of Civilization.

Supreme Court Justice Antonin Scalia Died In His Sleep


Antonin Scalia

U.S. Supreme Court Justice Antonin Scalia has died at the age of 79 in his sleep. He was on a hunting trip in Texas with friends and he went to bed Friday night commenting to his friend that he wasn’t feeling very well. He died peacefully in his sleep. I know many people despised him claiming he was a crazy conservative. I have read many of his opinions where he was in dissent and well as wrote for the majority. I must say, I believe his reasoning was the most UNBIASED of anyone on the court. He believed in STRICT CONSTRUCTION and had others on the Supreme Court maintained that position, Americans would not be taxed on worldwide income today unlike the rest of the world, who out of desperate economic conditions, now seek to hunt their citizens on a worldwide basis as well. Those applying to the Supreme Court go through a voting process. I believe I made it through that process and understanding the reasoning of Scalia, I knew that if I could capture his interest, I would get in. It was when the Supreme Court ordered the government to respond in my case, I made it. They government knew it would lose and the net result, they had to release me and tell the Supreme Court the case was moot for I was released.

Scalia was a STRICT CONSTRUCTIONIST. That means that judges do not make the law, the people do. Some of his lobbying within the court really pushed government abuse backward. I have written how the most notorious trial in English history was that of Sir Walter Raleigh who was convicted on a written statement of a threatened witness who was not presented in court. Raleigh demanded to confront his accuser and the court denied that request and found him guilty for political purposes. This is our 6th Amendment Right to Confrontation. It was Scalia who wrote the opinion for the court providing the full history of this write and overturning a case in the State of Washington that entered recordings but denied the accused exactly the very same right to cross-examine the State’s witness. (Crawford v. Washington 541 U.S. 36 (2004)).

It was also Justice Scalia who overturned the sentencing guidelines in criminal case in Blakely v. Washington. The fundamental was the prosecutor got the jury to find someone guilty of a crime on minimum proof, and then the judge would enhance the sentence of facts never presented to the jury. This was a bitter fight, but who was on the government side was the so called “liberal” justices who voted in favor of the government. This is what Scalia wrote in Blakely:

 Whether the Sixth Amendment incorporates this manipulable standard rather than Apprendi’s bright-line rule depends on the plausibility of the claim that the Framers would have left definition of the scope of jury power up to judges’ intuitive sense of how far is too far. We think that claim not plausible at all, because the very reason the Framers put a jury-trial guarantee in the Constitution is that they were unwilling to trust government to mark out the role of the jury. 

In the case authorizing the government to take personal property if someone else will improve it for a better use, KELO et al. v. CITY OF NEW LONDON, Scalia was in dissent.

Today the Court abandons this long-held, basic limitation on government power. Under the banner of economic development, all private property is now vulnerable to being taken and transferred to another private owner, so long as it might be upgraded 

Scalia has been perhaps the most outspoken Justice to ever sit on the court. He recently stated in dissent that “… to say, as the court does, that Arizona contradicts federal law by enforcing applications of the Immigration Act that the President declines to enforce boggles the mind.”

When it came to Obamacare in King v. Burwell, the Supreme Court upheld it as a tax which was totally unconstitutional. It was clear that the decision was wrong but the court wanted to uphold it without any foundation of precedent. Scalia dissented and called it for what it was:

“We should start calling this law SCOTUScare … [T]his Court’s two decisions on the Act will surely be remembered through the years … And the cases will publish forever the discouraging truth that the Supreme Court of the United States favors some laws over others, and is prepared to do whatever it takes to uphold and assist its favorites.”

While many will disagree with me simply because they were on the other side of the question, the problem is this becoming a very undemocratic process where appointed judges make the law, not the people and the constitution is reduced to a scrap of paper referred to in selective parts that fit the current desire. Scalia was a STRICT CONSTRUCTIONIST. It is what it is. There should be no room for changing the Constitution. Both the LEFT and the RIGHT have not followed that road of Strict Construction. They criticized Scalia for have wit and a sharp tongue. I admired him for that for who always understood his reasoning regardless if you agreed or not.

Obama now gets to leave his mark on the court and we can expect probably a pro-government socialist who will steer the court in the favor of government, much like Brussels, because we are too stupid to know what is best for us. Unfortunately, Scalia’s death is going to be our undoing. He kept even the “conservatives” in check as he did Roberts in the healthcare issue. This was not a good weekend.