Connecting the Dots – 05.06.15
At what point are you willing to challenge your own notions of what’s really going on? Can you even imagine that the mavens of the Money Power would threaten human survival to serve themselves for even bigger personal profits? Ellen’s guest, researcher Dane Wigington, has a trove of data to suggest that they would. And they do so in the form of geoengineering, a covert tool allegedly being used to control natural systems for private profit. We also hear commentary from Matt Stannard about the economics of the Baltimore uprising and from Marc Armstrong about America’s only publicly-owned depository bank, the Bank of North Dakota, which just issued its latest annual report — it’s another record-setting winner!
Listen here.
Filed under: Audio | Tagged: Bank of North Dakota, geoengineering, TPP |
I amm wondering where the state of Washington is with its proposal to create a public non profit bank? I read that on January 25 this bill was to be debated. What was the outcoming? Is the proposal going forward or has the opposiiton killed it?
http://www.cbc.ca/news/business/rocco-galati-challenges-role-of-bank-of-canada-in-latest-case-1.3065650
Ellene Brown, regarding your fascinating interview on “Coast to Coast”, you mentioned using QE to raise funds for infrastructure, since QE programs have not influenced inflation. The BLS measure of inflation is the key that allows the fed to continue their low rate policies, and is manipulated for this purpose. Just as credit ratings of structured financial products, as CDOs and RMBS, were manipulated by rating agencies, such as Standard & Poor, that failed to warn of the housing crisis. Catherine Austin Fitts warned; the institutions that measure the economy, and those establishing policies, are one in the same. Trillions of fiat dollars have been pumped into the economy, in the last 6 years, since 2009. If inflation has been 1 percent, then costs of goods and services should have increased by 6 percent. But if inflation has been 5 percent or more, then costs, affecting the average american, would have increased by at least 34 percent, in the last 6 years. Such as the cost of healthcare, tuition, a mid sized car, a day at Disneyland, a restaurant dinner, monthly groceries, rent and housing. The government realizes this, and the administration pushes for a federal minimum wage of $10 per hour, which is a 6 percent yearly inflation increase, since the federal minimum wage was last raised in 2009. Failing to pass this increase through congress, the administration influences corporations and local liberal governments, to raise their minimum wage, to the key figure of $10 per hour. This alleviates their liberal guilt, for allowing the fed to continue their artificial stimulation of the economy. Stimulation which the president publicly takes credit. The rise in inflation is partially to blame for the discontent in cities with long term unemployed, who are living on social benefits, that have seen the dollar with a third less buying power.
LA County’s minimum wage increase to $15 in 2020, is a yearly wage inflation of 5.88 percent over 11 years since 2009. This is almost double the 3.05 percent yearly wage inflation, of the previous 11 years, between 1998 and 2009.
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