From Quantitative Easing To Quantitative Looting And Beyond

Quantitative Easing is best thought of as legalized pick pocketing at a crowded train station. Technically it is defined as the Central Bank buying assets normally held by the 1/10th of 1%. It officially began in Japan in 2001. Thus is what it does:

1) It buys worthless assets held by banks at 100 cents on the dollar. This subsidizes mortgage-backed securities (MBS) which were fraudulent. These purchases allowed the bankers who own the Federal Reserve to avoid doing jail time with common criminals.

2)  The government passed NAFTA which sent 56,000 manufacturing plants overseas. This is intended to deindustrialize America so it will lose World War III and Americans cannot demand the return of the tens of trillions of dollars the bankers stole from then. The US budget has grown from 2.4 to 3.8 trillion dollars over the past 10 years precisely because Americans have few high paying jobs and require more assistance. 100 million working age Americans have no jobs. The number of people disabled has doubled. Japan, the UK, America and the Eurozone must have their Central banks monetize debt. What this means in the case of the Federal Reserve is the FED loans money at a low rate to banks which loan it back to the US Treasury at a higher rate by buying US bonds. This dampens inflation by keeping money out of the hands of the people.

3) The Federal Reserve loaned out 7 trillion dollars at 0.01% to insiders so they could buy commodities in the futures markets and drive up oil and food prices. Western governments use false consumer price data and cost of living indexes so their official estimates of inflation are about one third of the real  rate. This  cuts wage and benefits that use cost of living indexes to adjust for inflation.

We officially entered the era of Quantitative Looting on October 31, 2011 when Jon Corzine of MF Global stole 1.2 billion dollars from customer accounts. The public became aware of this when the IMF and the ECB looted depositor accounts in Cyprus. This stage appears to be deflationary because it dramatically reduces money supply and sends the local population into abject 1930s style poverty. Currency controls made it impossible for the people to send their Cypriot euros overseas so their currency has been devalued sharply which has impoverished them even more.

In reality Quantitative Looting began on December 16, 2008 when the Federal Reserve adopted its Zero Interest Rate Policy (ZIRP). It lowered interest rates by buying Treasury bonds. This intentionally keeps interest rates several points below  the estimated inflation rate which we know is bogus. This takes money out of your pensions as well as your bank  account and your pay check  on a daily basis.

People in the UK seem to be more organized against this than in America. Their studies have shown that the UK saver has already faced a 20% haircut or loss in the value of their savings and pensions. I must remind you that money stolen from you does not go to Money Heaven. That money goes to those people who got 7 trillion dollars at 0.01% so they could buy every barrel of oil 27 times before you pump it into your car.

ZIRP is one example of what Catherine Austin Fitts has called the Slow Burn which she describes as the systematic transfer of wealth from you to the bankers. Another example of the Slow Burn was the announcement by Donald Rumsfeld on 9-10-2001 that 2.3 trillion dollars in Defense Department spending was missing. This money did not go to Money Heaven. It was taken from you and given to bankers. My estimate is that the bankers are allowed to steal between 3 and 4 billion dollars a week in federal spending which we are not allowed to properly audit. Another example of the Slow Burn  would be using environmental regulations to shut down clean burning electrical generating plants so we can pay twice as much for utilities while exempting favored companies from the regulations so they profit from higher prices at your expense.

Establishment economist Carmen Reinhart said our pensions are gone. In one sense the Quantitative Looting of our pensions is just an announcement that your pension and savings are gone much like the bank accounts of the Cypriots.

There is an important point here that you must understand for your survival. When those bank accounts in America and Europe are looted after a bank holiday possibly created by a nasty Iranian computer virus. that will be deflationary. Reducing the money supply through organized government theft as in the case of Cyprus is one definition of deflation. But a Hyperinflation will soon follow. Why? Because the dollar will be dead and foreigners will dump them which will double the domestic supply of dollars.

This brings us to the word Beyond in the title of this essay.

When I was in high school, America still had a Bill of Rights and no active foreign wars. That was a long time ago but even then I said that we would experience a National Security State. I knew it was coning because the bankers needed protection against the people they were robbing. I also began to understand that the government would have to kill us off in large numbers so we could not collect the pensions we were owed. In fact I remember reading an article in my senior year that said we needed to reduce world population to one billion. I remarked in class that this level of population could only be reached by killing adults who were already alive. That is mass murder.

We are rapidly approaching the point where push comes to shove and either we succumb to or resist the plans of the bankers to kill six or more billion people. As you probably know, I have said that the Louisiana sinkhole will erupt soon and that it will be a turning point in reform politics as was the 1906 San Francisco earthquake in California politics which pushed the momentum in favor of reformers.

I had expected this sinkhole to erupt by now and that later on it would be followed by a series of quakes in America’s New Madrid zone and in California. These latter events will complete the ruin of the US economy.

Below is the best video on that 13 acre Louisiana sinkhole to date. The DOE Strategic Energy Reserve has 18.8 millions barrels of Butane and Propane stored adjacent to the sinkhole. There are massive amounts of methane and petroleum bubbling up to the surface at this sinkhole. Immediately to the west is a natural gas field. There are at least 4 salt caverns filled with methane gas. Hydrogen sulfide is also being released along with the methane and petroleum. I would expect this to blow up any day now.

This will change America as much as 911 did.

 Update. The video and the account associated with the original video  were taken down. I should say that the original video said there was a salt dome 5 miles across. It had been drilled in 30 locations with salt caverns twice the size of the Empire State building so the area resembles Swiss cheese with caverns filled with dangerous explosives, radiation, methane and some petroleum.


Related Articles: This first article describes the sinkhole as well as the other four events.

The Bankers Really, Really Want Us All Dead

http://vidrebel.wordpress.com/2013/03/20/the-bankers-really-really-want-us-all-dead-2/

This article is from Catherine Austin Fitts who created the term Slow Burn.

Catherine Austin Fitts: The Black Budget And The Leveraged Buyout Of The World Using Stolen Money

http://vidrebel.wordpress.com/2011/11/10/catherine-austin-fitts-the-black-budget-and-the-leveraged-buyout-of-the-world-using-stolen-money/

Nine Myths And Misconceptions About Money That Can Literally Kill You

http://vidrebel.wordpress.com/2011/06/30/1054/

IMF Economists: ‘We Were Wrong.’ Will Someone Please Tell The Press And The Politicians.

http://vidrebel.wordpress.com/2012/08/19/imf-economists-we-were-wrong-will-someone-please-tell-the-press-and-the-politicians/

Memo To Pentagon: Compare The Invasion Of Lichtenstein And The Cayman Islands To War With Iran And Syria

http://vidrebel.wordpress.com/2012/08/06/memo-to-pentagon-compare-the-invasion-of-lichtenstein-and-the-cayman-islands-to-war-with-iran-and-syria/

About these ads

About horse237

I have decided to share two of the visions I had as a child. When I was eight, I had a vision of a future war that killed 99.5% of the world's population. When I was 16 and living in the projects, I had a vision of my future. I was to live in complete obscurity until it came time to stop WW III. When I was about ten, I had read a bio of Nikita Khrushchev which said he survived Stalin by playing the bumbling fool an old Russian peasant trick. I decided to do the same as I had already learned that we did not live in a democracy. The other vision I had when I was in third grade was of the Mind of God and how it interacted in the creation of the world we see. I believe you and I were born at this time precisely so we would have an opportunity to stop this war. As for my personal info, I grew up on military bases and in housing projects. My legs atrophied from starvation as a child. My second step-father died in prison. I used to have to rub my skin to simulate human contact. They did not feed me when I was a child. I do not fight in their wars as an adult.
This entry was posted in Politics and tagged , . Bookmark the permalink.

8 Responses to From Quantitative Easing To Quantitative Looting And Beyond

  1. genomega1 says:

    Reblogged this on News You May Have Missed and commented:
    From Quantitative Easing To Quantitative Looting And Beyond

  2. Pingback: From Quantitative Easing To Quantitative Looting And Beyond | RevolutionRadio.org

  3. greg bacon says:

    ‘Shalom’ Bernanke is also helping his crooks buddies on Wall Street to clear their books of all those toxic assets so they can go on their merry way, inflating another housing bubble and blowing the stock market up.

  4. Pingback: From Quantitative Easing To Quantitative Looting And Beyond | THE INTERNET POST

  5. Applause for VidRebel says:

    I hope that all have the opportunity to listen to the RBN 4/15 broadcast of Rick Adams Uncensored with Dr. Khaleel as the guest, deeply discussing Zionism and the Boston Bombing, et al.

  6. Pingback: Mapping The Tsarnaev Brothers | Video Rebel's Blog

  7. Pingback: Links 159 | Cindy's Zone 2

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s