Stick A Fork In The United States

The tragedy of our day is the climate of fear in which we live and fear breeds repression. Too often sinister threats to the Bill of Rights, to freedom of the mind, are concealed under the cloak of anti-Communism.  – Adlai Stevinson, Speech to the American Legion Convention, 1952

Today the climate of fear being fomented is concealed under the cloak of terrorism/ISIS. Severe repression is coming.  The policies and laws implemented since the inauguration of Bush 2 in 2000 have been slowly strangling the middle class, financially and legally.  The affects of the latter are about to become more apparent and more painful for everyone.

The American public has stood by passively in complete acceptance of the horrendous acts of brutality, savagery and wealth confiscation thrown at it since the passage of the Patriot Act.  We stood by and watched as our Government implemented an illegal attack into Iraq predicated on blatant lies, conducted unimaginable acts of torture on illegally detained prisoners of “war,” bombed weddings and funerals (Hillary Clinton:  “oops, my bad”) – the list seems endless.  The U.S. Government shamelessly throws propaganda in our face which turns the truth inside-out.  Everyone else is the bad guy.  The U.S. is exceptional and therefore entitled to trample over the rest of the world.

Perhaps the most egregious crimes have been right under our own noses, where the elitists have been openly wiping the last crumbs of middle class wealth off the table and into their own pockets.  You really think your retirement fund or pension money will be there when you retire?  That’s laughable.

I’m still trying to sort out and understand the exact reason why the Fed decided to push up the Fed funds rate from zero to not-much-more-than-zero.  What you might of missed is that the Fed raised the interest it is paying to the Too Big To Fail banks who have $2.4 trillion in cash given to them from QE that is earning interest in the Fed’s “Excess Reserve Account.”  The rate was raised from .25% to .50%, effectively doubling the amount of free cash flowing into the banks from their Excess Reserve largesse.   On the other side of this, consumer borrowing rates were immediately raised.

The only conclusion that can be reasonably drawn by the Fed’s move is that the noose described above – put in place quietly over and with no resistance over the last 15 years – is now being tightened.

9 thoughts on “Stick A Fork In The United States

  1. Perhaps the reason for the Fed raising the funds rate is simpler than we all think. We all know that gold is rapidly being depleted from western vaults. Maybe, just maybe, its nearly all gone and this act by the Fed is little more than an absolutely desperate, last ditch attempt to scare enough people away before the last bar is gone.

    Remember Occam’s razor. The truth is likely far simpler than we suspect. Either way, “Desperation” of some kind is probably what’s driving the decision.


  2. I think the FED wants to put the money to work that Bernanke created but sits idle on the balance sheet of the banks. If it works we will see inflation possibly never seen before in this country. Bernanke did a terrible job in creating inflation. I’m not in favor of inflation at all because I’m a saving kind of guy and don’t have any debt. But being in the shoes of a central banker the verdict is easy: Bernanke completely failed in creating inflation and grandma wants to change it. A new central bank experiment is upon us. Enjoy the ride!

  3. Dave, thanks for pointing out the political and financial crossroads not found on Google maps or on newsanchors scripts.
    Whatever they think, the central banks and their global corporate governors, are bluffing past the graveyard. They who rattle their own chains of bondage and yen endlessly for their lost humanity.

    The festive American tree
    Will soon be lit for all to see.
    Dollar derivatives tranches,
    Global reserve supply branches,
    Raining glowing embers of debt.

    Easy money tightened it’s own noose,
    Computer algorithms were set loose.
    Foreign investment once came to play,
    But wagers on wagers had their day-
    Communist banking tenet a ruse.

  4. History tells us we’re probably finished. The rest of the world is awakening to the fact that the United States is (1) strategically inept and (2) not the power it used to be. And that the trend is to increase that. . . . Empires at the end concentrate on military force as the be all and end all of power . . . at the end they use more mercenary based forces than citizen-based forces . . . . Empires at the end . . . go ethically and morally bankrupt . . . they end up with bankers and financiers running the empire. Sound familiar?” ~Colonel Lawrence Wilkerson, chief of staff for Colin Powell

  5. All comes down to saving what little faith is left in the dollar and control.
    Extend the pretend just a little longer. Until???
    Cash, actual physical coins and notes can be done away with.
    Replaced with the government issued universal RFD chipped EVERYTHING card.

    In the establishments eye then, rendering any other form of physical accounting mechanism dead, – including gold, silver, diamonds, etc. etc. Visions of 1984

  6. I think the rate rise from .25% to .50% is to keep inflation from getting out of control. Thre banks were already parking a lot of money at the Fed and by raising the rate it gives them more incentive to park more money at the Fed and thus not out in circulation and slowing down the velocity od money. Just my opinion but I think it’s a very plausible explanation. The only question becomes why would they want to do that?
    It would send us into more of aa deflationary spiral. Maybe they are extremely concerned with inflation getting away from them in the not to distant future. Only they know why and they must know something ugly is coming and are trying to get ahead of the curve for once.
    Anyone else think this is a plausible explanation?

  7. “A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear.” (Marcus Tullius Cicero)

Leave a Reply

Your email address will not be published. Required fields are marked *

Time limit is exhausted. Please reload CAPTCHA.