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Old 06-26-2018, 01:39 AM
Danny B Danny B is offline
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Join Date: Oct 2012
Location: L.A. Ca.
Posts: 4,730
Military Narcissism,,, privately issued money

Yesterday, I mentioned a stealth devaluation of the Yuan. Today is a different story.
Trump is kicking more a$$ on trade. I think that he is using a weapon that is just too blunt.
The FANG stocks had a great run but, are now correcting

Military budget, (repost),
Ron Paul, "Without being technically at war with anyone in particular, the U.S. is dropping a bomb somewhere in the world every 12 minutes, around the clock.
The U.S. has 1,000 military bases scattered across the planet."
"The Pentagon’s own numbers show that it can’t account for $21 trillion. "
"1. The amount of money supposedly in the stock market is $30 trillion.
2. The GDP of the United States is $18.6 trillion."
"“[The July 2016 inspector general] report indicates that unsupported adjustments are the result of the Defense Department’s ‘failure to correct system deficiencies."
" This would explain how Donald Trump’s military can drop well over 100 bombs a day that cost well north of $1 million each.

So why can’t our government also “create” endless money for health care, education, the homeless, veterans benefits and the elderly, "
"Earlier this month, Louisiana sent eviction notices to 30,000 elderly peopleon Medicaid to kick them out of their nursing homes. Yes, a country that can vomit trillions of dollars down a black hole marked “Military” can’t find the money to take care of our poor elderly."
"mainstream corporate media are mouthpieces for the weapons industry. They are friends with benefits of the military-industrial complex. I have seen basically nothing from the mainstream corporate media concerning this mysterious $21 trillion. "

America Suffers From Military Narcissism

the scale of America's military defies sane reason
there are no military solutions to America's imperial dementia
America has no ideological basis for its empire
military culture selects an officer class of defectives
illiterate peasants using IEDs and tunnels easily defeat hyper-expensive weaponry
the Pentagon is corrupt, incompetent and impotent
So, who is leading America around by the nose?

Saving the dollar by kicking Europe off a cliff.
"It should come as little surprise that the same week the Petroyuan was introduced, Trump released a flood of tariffs on Chinese exports – the first in a series of retaliatory efforts we could expect, setting the stage for an all-out tradewar between the world’s two largest economies."
"This article ignores 4 massively important points! ...

1) Since 1913 what we call "the U.S. Dollar" has really been a PRIVATE currency: the "Federal-Reserve Note"(FRN); issued by the PRIVATE Federal-Reserve Banks(owned by the Rothschild family and friends).
2) Under the Breton Woods agreement after WWII, America agreed to exchange U.S. GOVERNMENT gold for PRIVATE currency (the FRN)[1].
3) So the Rothschilds just kept printing up their FRNs and having front-men in the French government trade them in for gold at the US Treasury, then ship the gold to the Rothschild vaults in London and New York.
4) This went on for 25 years until 1971 all the gold in Fort Knox was gone, and Nixon had no choice to put an end to the "gold-standard".

"Yes, but he should have removed the currency-issuing MONOPOLY from ALL PRIVATE hands and restored it to GOVERNMENT hands. The problem is not that currency-issuing is a MONOPOLY, the problem is that currency-issuing is in PRIVATE hands. Currency-issuing needs to be a GOVERNMENT MONOPOLY as mandated in the U.S. Constitution Article I Sec 8: "The CONGRESS shall have power..To coin money" and as proposed in the Occupy Need Act [2])..

The idea that the problem is that currency-issuing is a MONOPOLY, and that the monopoly should be broken up and put into many OTHER PRIVATE hands, is a Libertarian Austrian-School idea, following the teachings of Ludwig Von Mises, the famous Jewish economist funded by the Rothschilds.

This Libertarian doctrine is the Rothschild's last line of defense. If all else fails, and their currency-issuing monopoly be broken up and put into many other PRIVATE hands, they are confident that soon they could own all those other PRIVATE hands, and be back in business as usual, within a few years. On the other hand, should their PRIVATE monopoly become a GOVERNMENT monopoly, all would be lost for them."

The job market,
6/25 China’s central bank frees up US$100 billion in funding as trade war looms – SCMP
They lowered the amount of reserves the banks must hold. Not the smartest manouver when you are trying to devalue your currency at the same time.
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