Showing posts with label geithner. Show all posts
Showing posts with label geithner. Show all posts

Wednesday, December 5, 2012

Musings From the Edge of The Fiscal Cliff

Obama to jump shark yet again with "Fiscal Cliff" deal
 
"Everything we hear is an opinion, not a fact.  Everything we see is a perspective, not the truth."

-Marcus Aurelius  

The only way for the tyranny to stop will be when the people finally conclude that government has done enough.  Most people, if not all, will finally realize that government has failed miserably and can only fail miserably in the future.  The best thing they can do for themselves, their loved ones, and their fellow neighbors would be to stop authorizing government to make decisions of any kind. 

Tim Geithner owns
Chinese kids in hoops, 2010
As all the discussion within the corporate media focuses on the "fiscal cliff," the duty of  The National Pulse is to remind its faithful readers that regardless of semantics and metaphorical allusions, the entire financial system is a made-up game of pre-determined winners and losers.  The printers of the debt notes know exactly what priorities are being satisfied in the zero-sum charade of domination.  This simple fact is why little Timmy Geithner, the acting U.S. Treasury Secretary, was laughed at in China in 2009 when he tried to assure an audience of Chinese students that assets in the United States' markets were solvent and safe.

Around the world, where poverty is an all-too-real reality, it is understood that exploitative economic policies always end in disaster.  No amount of Black Friday sales, Veterans' Day sob fests, or expensive Fourth of July fireworks displays can change the seeds the Federal Reserve has sown with their destructive monetary policy.

What is the Fiscal Cliff?

The Fiscal Cliff is the name that has been given to the discussion regarding the squeezing of people into poverty by the Federal Reserve, IRS, and the gang families that control the world governments.  The Democrats want the "rich" to pay more taxes or, "their fair share."  The Republicans want to "cut the spending."  Ironically, they'll all get what they want since the whole charade is contrived to get the people to accept greater control and intrusion into their lives.
             

El Capitan, Yosemite National Park; as seen from the
valley floor

Wednesday, May 4, 2011

No One Wants To Play Any More




"The man who strikes first admits that his ideas have given out."



-Chinese proverb


Indeed, the pressure inflicted on the world by the corporate war machine is increasing exponentially. The economic model of global exploitation through "free trade," or "globalization," has run its course; the looting almost complete, and the perpetrators have to transition to another stricter form of control without the help of some of the illusions that have worked in the past. The dollar is busting; its demise is more apparent every day, whether it be directly in the financial markets or reflected in political or military decision-making. The factions in control of the doomed world reserve currency are panicked and developing destructive narratives as plan-of-actions should their hand be forced by the sane people forced to live in the chaotic world created by paper money and war.


"When monarchs through their bloodthirsty commanders lay waste a country, they dignify their atrocity by calling it 'making peace.'"


- Publius Cornelius Tacitus (Roman Senator, AD 56- AD 117)



Time is wasting before the myth of the dollar's worth vanishes completely. This week the U.S. Treasury said it would auction off $72 billion of new debt taking the federal government's debt right to the limit. This auction follows a week in week saw the new Report on Foreign Portfolio Holdings of U.S. Securities. China has reduced her exposure to U.S. debt by $249 billion. It is unlikely countries like China that have financed U.S. debt will be likely to do so in the future as the U.S. credit ratings continue to be embarrassed by terrible reports and outlooks such as this recent one by Weiss Ratings that placed the U.S. lower than Mexico.


Though Bernanke pledged during the first-ever Federal Reserve Chairman press conference that there were no plans for Quantitative Easing part 3, the Fed will be forced to print more and more because no foreign entities want to front the debt anymore. The manipulation game of the metals markets have been exposed and buyers are taking the physical bullion as a preservation of wealth. It has yet to be discussed what new regulations will be attached to an extension of the debt but Treasury Secretary Timmy Geithner has assured Congress will raise it at the Fed's whim or else suffer the consequences. It would be the same as Don Corleone making Congress an offer they can't refuse.



Most likely, this scenario will turn out badly for the Federal Reserve as they are between a rock and a hard place. Therefore, the only out they have is more war. On May 1st, the war machine with their corporate media lackeys tested the waters of patriotism and ignorance and found that pool is still warm. Whether it be Iran or Pakistan or Libya, the one-world government supporters are keeping their options of destruction open in the event the people are unable to be tricked into the chains of slavery.