How America Went From Mom-and-Pop Capitalism to Techno-Feudalism

Editor's note: This is the result of America becoming an oligarchy where psychopaths are the arbiters of who gets the money and who doesn't. And now that the central banks and financial institutions are fornicating with the technocrats our problems are compounded beyond comprehension. It begins by understanding digital replacing the biological. 

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Source: Web of Debt

May 19, 2021 | by Ellen Brown

The crisis of 2020 has created the greatest wealth gap in history. The middle class, capitalism and democracy are all under threat. What went wrong and what can be done?

In a matter of decades, the United States has gone from a largely benign form of capitalism to a neo-feudal form that has created an ever-widening gap in wealth and power. In his 2013 bestseller Capital in the 21st Century, French economist Thomas Piketty declared that "the level of inequality in the US is probably higher than in any other society at any time in the past anywhere in the world." In a 2014 podcast about the book, Bill Moyers commented:

Here's one of its extraordinary insights: We are now really all headed into a future dominated by inherited wealth, as capital is concentrated in fewer and fewer hands, giving the very rich ever greater power over politics, government and society. Patrimonial capitalism is the name for it, and it has potentially terrifying consequences for democracy.

Chair Powell's Message on Developments in the U.S. Payments System, May 20, 2021

Interview with Bill Murphy of GATA - Manipulation of Gold and Silver Markets - The Bullion Bank Cartel

Source: TF Metals Report 

A2A with Bill Murphy of GATA

By Turd Ferguson | Thursday, March 10, 2016

Download Podcast (Right Click + 'Save As')

What a great day for an A2A with Bill Murphy. Is the bear market over? Are the bottoms in? Do The Manipulators have their collective backs to the wall? For these answers and more, come on in and have a listen!

Over the course of this 30-minute discussion, Bill addresses:

• Today's turnaround in gold and silver after the QE announcements from the ECB.
• Is this 2016 "the real thing" and the start of a new bull market in the metals?
• Is there any limit to the seemingly infinite amount of paper metal in the world?
• The huge additions to the major gold ETFs so far in 2016.

A Tale of Two Empires: the Old and the New

Written by Jeff Nielson | Bullion Bulls Canada  | 12 July 2016

One empire builds, the other empire destroys. It is as simple as that. In the corrupt and decaying Western Empire, we see only destruction: the destruction of economies; the destruction of societies; the destruction of nations. It is an empire created by the oligarchs of the Banking Crime Syndicate, for the oligarchs. Its one agenda is raping and pillaging. The raping and pillaging always and exclusively serves one of two purposes: stealing more wealth, or extending/consolidating the oligarchs' political control.

What Are Derivatives? - Demystifying Interest Rate Swaps & Credit Default Swaps - Larry Summers: High-Rolling Fraudster - History's Largest Bookmaking Operation - A Rigged Casino - Lawless "Markets" - Financial Terrorists Destroying National Economies - Scamsters' Tag-Team Partners: Corporate Media & Ratings Agencies - Banking Crime Syndicate

The Derivatives Market: Bets, Bookies, and Fraud

Published: 05 October 2015 | Written by Jeff Nielson | Bullion Bulls Canada

No one understands derivatives. How many times have readers heard that thought expressed (please round off to the nearest thousand)? Why does no one understand derivatives? For many, the answer to that question is that they have simply been thinking too hard. For others, the answer is that they don't think at all.

The IMF's Split Mind - Iceland and Greece - Big Banks' Extortion Game - Take a Machete and Put Big Banks to Death - "The People Versus the Banks" - Fiscal Decision: Bankster Blackmail or Social Safety Net? - Defy IMF Austerity, Manifest Prosperity - The IMF: Not Merely Incompetent, Not Merely Insane, but Evil

The IMF: Don't Listen to the IMF (We're Crazy!)

09 July 2015 Jeff Nielson (Bullion Bulls Canada)

Most readers are familiar with the colloquial definition of insanity: repeating a (failed) policy/plan, but expecting a different outcome. Then we have the International Monetary Fund: it makes a mistake, explains that mistake to the entire world (twice), but still keeps repeating that same mistake, year after year – (supposedly) expecting a different outcome.

Financial Con Artist Jim Rickards "Sounds the Alarm" - Scheduled Bubble-and-Crash Cycles Manufactured by Organized Crime (the Western Banking Cartel) - Scripted Financial Theater of Corruption - For Administrative Convenience, U.S. Puppet-Presidents Now Serve Two Terms - Villain Roles, White Knight Roles - Pre-Crash "Warnings" Are Machiavellian Exercises in Pure Cynicism - The One Bank's Bubble-Blowing Cheerleaders and Contrarian Lackeys - Controlling the Message via Revisionism (Selective Memory) - Shameless Market-Pumpers and Economic Rapists - Don't Be a Lemming: Look for Logical Slip-Ups

Source: Bullion Bulls Canada

The Pre-Crash Warnings Begin

by Jeff Nielson - June 1, 2015

All "Markets" Are Manipulated: A Totally Rigged Casino - The Pied Piper Trading Algorithm of the One (Rothschild) Bank - High-Frequency Trading (HFT): A Market-Rigging Apparatus - Massive, Manipulated Short Selling - Blind/Deaf/Dumb "Regulators" - Half of Futures Trades in Chicago Are Illegal Wash Trades

Source: Bullion Bulls Canada – Sprott Money News

More Evidence of the Master Trading Algorithm

by Jeff Nielson, March 23, 2015

How American Corporations and the Super-Rich Steal From the Rest of Us

Main Street is going broke. Wall Street is cashing in.

By Paul Buchheit / AlterNet
December 28, 2014

The Merriam-Webster definition of 'steal' is to take the property of another wrongfully and especially as a habitual or regular practice. Much of our country's new wealth has been regularly taken by individuals or corporations in a wrongful manner, either through nonpayment of taxes or failure to compensate other contributors to their successes.

The End of Capitalism

by Anthony Migchels

November 13, 2009

In these days of upheaval and transition, it is more important than ever to have a clear understanding of what we are talking about. The opposition is very skilled at playing with language and creating holes in linguistic concepts, blurring our vision of reality.

A good example is "inflation". Many people nowadays seem to think that inflation means "rising prices"; however, inflation means a growing money supply.

Because of this misunderstanding, you often read things like "inflation dangers because of rising oil prices" – a totally ridiculous statement without any economic relevance, but understandable when one realizes how our language is being willfully corrupted.

BRICS Bank to Complement/Challenge "Bretton Woods Twins" (World Bank & IMF) - Fortaleza Summit Creates New Development Bank and Contingency Reserve Arrangement - "Energy Association" of Major Developing Countries - BRICS Countries Building a New Internet Backbone via an Undersea Fiber-Optic Cable

Emerging Nations Set Up BRICS Bank to Counter Western Domination

Alonso Soto and Anthony Boadle, Reuters
July 16, 2014, 3:48 AM

Russian President Putin, Indian Prime Minister Modi, Brazilian President Rousseff, Chinese President Xi and South African President Zuma talk at a group photo session during the 6th BRICS summit in Fortaleza (Thomson Reuters)

The Hubris of Trying to Eliminate Cash

People like hard currency and use it every day. It is a check on centralized power. It is private and peer-to-peer. And despite or because of that, some want to get rid of it.

Conor Friedersdorf Jun 6 2014

While investigating Bitcoin, Antonis Polemitis once poked fun by imagining how the media would react to the introduction of cash. He titled his parody, "Bizarre Shadowy Paper-Based Payment System Being Rolled Out Worldwide." Cash has been dubbed "bills" among "the shadowy community of anti-banking libertarians who have been the primary users of cash to date," the article explains, and "though hard to imagine, cash operates with no consumer protection at all. If your ‘bills’ are stolen or lost, they are gone forever."

Bermuda: The Domicile of Choice for ILS Entities - Sophisticated Counterparties, Light Regulation - Property Catastrophe Arena - Earthquakes and Hurricanes - Calibrating Models to Predict Outcomes - Impact on Traditional Markets - More Money Coming Into the ILS Space - Moral Hazard

KPMG in Bermuda: Deciphering Insurance Linked Securities

KPMGinBermuda

Published on Jan 28, 2013

With Bermuda fast becoming a central player in the ILS market, KPMG in Bermuda has brought together an experienced team of structured finance professionals across our services lines to form the Insurance Linked Securities ("ILS") Group.

The Basel Accords Demystified - Massive Regulatory Failures - Unelected, Unaccountable International Bankers Impose an Immense and Unnecessary Burden - Reform Money and Finance for the Good of All

THE MONEY MASTERS impose

BASEL I, II & III on an unsuspecting world

Central bankers’ Basel III scheme will worsen worldwide recession

BASEL I. In 1988, a faceless, unelected group of bankers met in Basel, Switzerland at the Bank for International Settlements (“BIS”) – the “central bankers’ bank” which even Swiss authorities may not enter – and in their “Basel I Accord” agreed to a set of minimum capital requirements (8%) for banks. This was a number fine for some banks, but higher than what was in place for French and especially Japanese banks. To raise more capital to reach the 8% level, French and Japanese banks had to reduce loans, causing a recession in France and a depression in Japan, one from which Japan has never fully recovered.

A SHORT HISTORY OF BANKING

Source: The Heretical Press

In the old days, there was no paper money. The accepted token of exchange was precious metal minted into coins by the Church and the Crown. Because there was only a limited amount of gold and silver available, the economic life of the nation had a certain regularity.

An even greater restriction existed throughout Christendom. This was a prohibition against usury, or charging interest. The Church held it to be a grave sin and the code was upheld by the civil powers. There were harsh penalties for those who broke the law.

Lysander Spooner on the National Debt

by Sheldon Richman
January 2014

Once again, last autumn we were inundated with dire warnings about what would befall the American people and the world economy if Congress did not raise the debt ceiling – or, as I call it, the debt sky, because apparently the sky’s the limit.

Chinese Wealth Goes Offshore - The "Red Nobility" - British and Swiss Banks Manage Wealth For Chinese "Princelings" - Lawyers and Accountants Help Rich Manage Their Money - Caribbean Islands: British Union Jack - British Virgin Islands - Between $1 Trillion and $4 Trillion In Assets Left China

Source: ICIJ

Leaked Records Reveal Offshore Holdings of China’s Elite

By Marina Walker Guevara, Gerard Ryle,
Alexa Olesen, Mar Cabra, Michael Hudson
and Christoph Giesen
January 21, 2014

Files shed light on nearly 22,000 tax haven clients from Hong Kong and mainland China.

Note: A Chinese version of this story is available here

Close relatives of China’s top leaders have held secretive offshore companies in tax havens that helped shroud the Communist elite’s wealth, a leaked cache of documents reveals.

'Justice' Department openly refusing to prosecute banksters - Society cannot allow perpetual blackmail by a corporate crime syndicate - Smashing the banking oligopoly into little pieces - Purging this rotten plutocracy

Source: Bullion Bulls Canada

Too-Big-To-Fail (Now) = Too Big To Jail

Written by Jeff Nielson
Sunday, 10 March 2013

A few years ago I wrote a piece entitled Why Too Big To Fail = Too Big To Exist with respect to the Wall Street banking oligopoly and its “friends” in other bankster-dominated Western regimes. This week U.S. Attorney General Eric Holder demonstrated the truth of that proposition by asserting that these criminal-banks were now “too big to prosecute”.

Translation: he, and the rest of the Justice Department, are refusing to perform their sworn duties and uphold the Rule of Law in the United States because it’s inconvenient. Outrageous.

Global Corporate "Super-Entity" = Rothschild Monopoly - Organized Crime Syndicate - The One Bank Is a Gigantic Parasite - Corporate Media "World's Richest" Lists Are Propaganda

Source: Bullion Bulls Canada

The One Bank

Written by Jeff Nielson
Sunday, 21 July 2013

In 1980, in an infamous episode of American Justice, the Hunt Brothers were charged (and convicted) with attempting to “corner the silver market” – i.e. an attempt to monopolize it. At the time prosecution commenced, the Hunt Brothers had only managed to acquire less than 20% of total global inventories. 

Nonetheless, given the strict provisions of our antitrust laws, this was a violation. In this one (relatively tiny) market, even a 20% concentration by a single entity is considered unacceptable. But that was when our governments were less corrupt, and still enforced these laws on at least a semi-regular basis. 

Flash ahead to 2013, and readers of my previous commentary were presented with the earth-shattering findings of a trio of Swiss researchers:

In detail, nearly 4/10 of the control over the economic value of [all transnational corporations] in the world is held, via a complicated web of ownership relations, by a group of 147 [transnational corporations] in the core, which has almost full control over itself. The top holders within the core can thus be thought of as an economic “super-entity” in the global network of corporations. A relevant additional fact at this point is that ¾ of the core are financial intermediaries. [emphasis mine]