Thursday February 16, 2012

weedkila's past comments

  • -3

    weedkila

    You have spent the better part of your short posting career telling us how we should not believe anything corporate media tells us, especially about this financial crisis.

    Can you quote me on that? And does a "short posting career" give me less credibility? Why do my posts bother you so much?

    Am I not free to write my opinion on this board while staying within the guidelines? And even if I criticise the media for whatever reason (it's still a free world) why do you constantly feel the need to 'protect' other readers from my posts, as if they can't decide for themselves?

    The Vatican, by the way, was merely saying their is too much corruption that that there should be a watch dog organization overseeing the process.

    I see. Merely too much corruption and a watch dog organisation? The following quotes are from the Vatican via the above links. (I don't subscribe to the catholic channel or their newsletter so where else can I get this info?)

    The Vatican called on Monday for the establishment of a "global public authority" and a "central world bank" to rule over financial institutions that have become outdated and often ineffective in dealing fairly with crises.

    The Vatican called Monday for radical reform of the world's financial systems, including the creation of a global political authority to manage the economy.

    You once said to me on this board something like "You doth protest too much." I would say look in the mirror.

    Posted in: U.S. urges Asia to help save global economy

  • -3

    weedkila

    Then, allow me to suggest you do not link things from sources you do not believe.

    And you are the new moderator? If you find it extremely hard to take my arguments seriously then why are you so persistent in criticising them? You encourage me, thanks :)

    Posted in: U.S. urges Asia to help save global economy

  • -3

    weedkila

    Yeah, but since you don't believe the "corporate media", you don't actually believe these stories you linked, do you? Nah, I did not think so.

    You're right, I don't. Promoting and wishing hard for something doesn't mean it's going to turn out that way.

    Posted in: U.S. urges Asia to help save global economy

  • -1

    weedkila

    Surely this slowdown should be a call to embrace a more sustainable paradigm?

    I think that's the plan but in a malicious way that most people will not expect.

    They (money power) and their bought and paid for politicians have been destroying the major economies by transferring wealth away from the middle class and by hollowing out economies. The unsustainable economic system we have now (keynesism) will eventually fail, as it was designed to do, but at a time of the elites' choosing. That time will most likely be when they've looted the taxpayer as much as possible and everyone is suffering.

    The politicians will step in and say "Look, we've done our best to save the economies of the euro-zone and others. What we really need to do to solve this problem is to have a centralised global bank and central governing authority."

    So the people who created the very problem we have now will be the same ones to offer the solution. It'll be the proverbial wolf dressed in sheep's clothing. They're already calling for this, in fact.

    Euro Zone: Vatican Calls for 'Central World Bank' to Be Set Up - CNBC

    http://www.cnbc.com/id/45013499

    Vatican Calls for New World Economic Order

    http://www.foxnews.com/world/2011/10/24/vatican-calls-for-new-world-economic-order/#ixzz1bkllCt9A

    Posted in: U.S. urges Asia to help save global economy

  • 0

    weedkila

    U.S. urges Asia to help save global economy

    A more truthful headline would read "U.S. urges Asian taxpayers to help save insolvent banks"

    Posted in: U.S. urges Asia to help save global economy

  • 0

    weedkila

    Just to add to what I wrote above re the manipulated business cycle of booms and busts …

    Much of Japan's industry has been hollowed out because costs and wages in Japan are too high. When hollowing out occurs the factories along with jobs go offshore to places like China. In other words less factories = less jobs = more welfare recipients.

    The high costs and wages in Japan (Europe, the US etc) has occurred because the central bank FIXES the price of money. Central banks control both the volume of money (through printing) and price (by setting interest rates.)

    During boom times, people expand their lifestyles and business portfolios.

    According to the ministry, the number of welfare recipients in Japan steadily fell as the nation enjoyed rapid post-war economic growth to hit a record low monthly average of 882,229 in 1995.

    When the inevitable bust comes, those who have overextended themselves are often faced with losing everything. At such times, money power expands its control by using their central banks to print money from nothing to buy up failing businesses and properties.

    “The number of people with financial difficulties and older people who have less job security is increasing,” the official said.

    Price fixing distorts the economy, bankrupts firms, puts people out of work, more people are on welfare and wealth is transferred from those who create it to those who did not.

    Posted in: Japan sees record number of welfare recipients

  • 3

    weedkila

    We're living under a kind of 'musical chairs' economic system where there is a manipulated business cycle of booms and busts. The record number welfare recipients is a reflection of this.

    Posted in: Japan sees record number of welfare recipients

  • 0

    weedkila

    This has to be staged. I mean, Sarkozy finally admitting to Obama that he thinks Netanyahu is a liar? Yeah, right. Sarkozy himself lies every day as a matter of course -- it's his job -- so to accuse another politician of the same is not plausible. If Sarkozy had said something like "He's a (expletive)!" then it might be a bit more believable.

    Sarkozy's office had asked the journalists not to turn on the headsets until the news conference began.

    A bit like telling a kid left alone at the table not to touch the dessert. Or since it's the corporate media I think it's more likely they were quietly 'told' to turn the headsets on rather than 'asked' not to.

    Seems to me their "leaked" chat was simply part of the usual theatrics to keep people confused and is probably part of the new transparency promotion.

    Like a famous politician once said "nothing in politics happens by accident."

    Posted in: Sarkozy tells Obama: Netanyahu is a liar

  • 3

    weedkila

    @SushiSake

    SAY HELLO TO MORE DROUGHTS, FLOODS AND WATER AND FOOD SHORTGAGES!!!

    What makes you think there are necessarily more droughts, floods, water and food shortages around the world compared to previous years? And even if it's true that these events are increasing why do you blame humans, which I presume you are doing since you say, "it's best we realize this and work to mitigate the already-occuring climatic events"?

    Using this carbon tax how do you suggest "we" mitigate these "already-occurring climatic events"?

    The world is getting warmer, this is a proven fact

    You sure about that? From the information I've seen the global mean temperature has levelled off and has even decreased slightly in the past decade despite increasing CO2 emissions from human activity.

    Amazing to see the climate change deniers still spouting Stone Age ideas.

    Can you prove that the "deniers" are wrong. Here's a couple of questions for you which can easily be found on the net.

    1) What's the percentage of CO2 in the atmosphere compared to other gases? And of that percentage how much CO2 is produced by man and how much is naturally occurring (from volcanoes, rotting vegetation etc)? On average how long does CO2 stay in the atmosphere? (CO2 is denser than air)

    2) Even deniers agree there is a greenhouse gas effect (we wouldn't be here otherwise). But does CO2 cause the biggest fluctuations in this greenhouse effect? If not what gas does and what's the percentage?

    I ask these questions not to be a smartass but to suggest that you look at both sides of the argument first without passing judgement.

    Posted in: Australia passes controversial carbon pollution tax

  • 0

    weedkila

    Disney Interactive will produce and program […] providing a family-friendly experience

    Well, at least they're honest. Doing a youtube search on 'disney' and 'subliminal' brings up another kind of programming. Or maybe it was just done for fun, I don't know.

    Posted in: YouTube, Disney teaming up

  • 0

    weedkila

    Keep in mind the Japan's situation and those in Greece are two totally different situations.

    Yes and No. The idea is to intentionally destroy all major economies. That's why we continually see the politicians making stupid decisions (but only from the public's point of view) or 'saving the day' at the last minute only to have the same problem pop up a few months later. Eventually the "solution" will be to introduce a one world currency (the IMF has one on tap) and a one world authority, which will really be a dictatorship in disguise.

    It's not only in Europe. Remember the theatrics a few months ago in the US to raise the debt ceiling? It wasn't a solution, all they did was delay the inevitable. This is all by design.

    So if people think that the politicians, especially those at the top, truly worry about the average family and even Tohoku then I think they're mistaken. This tax has little or nothing to do with that. It's further proof that a transfer of wealth is underway to the men who own both the mega-banks and government.

    Even a child knows you can't solve this by monetising and paying off never-ending mountains of debt with even more debt, or by overburdening the public with ever-increasing taxes etc. And so do the politicians.

    If people think a one world currency is out of the question look at what we already have: World Trade Org, World Health Org, International Criminal Court, IMF, World Bank, the UN and so on. Behind the scenes they're run by the same crowd.

    The good news is that most of the elites' memes are failing and people are catching on.

    Posted in: Japan to double consumption tax to 10%, G20 action plan says

  • 0

    weedkila

    Before the privately owned US Fed was established in 1913 there was NO income tax. Since that date many other taxes have been introduced on top of the income tax and that includes consumption tax. In many countries people are drowning in taxes because of the fractional reserve banking system and the "necessity" to pay off the national debt.

    The politicians say we need to double the consumption tax. But replace the predatory central banks with, say, honest governments (naive?) which issue interest-free loans, or a genuine free market and we would not be here discussing why, whether or how much the consumption tax should be raised. It would not be necessary.

    The only trouble is that doing away with privately owned central banks is a bit difficult to carry out - ask JFK or Lincoln. But these are different times and I'm hopeful.

    Posted in: Japan to double consumption tax to 10%, G20 action plan says

  • 3

    weedkila

    So they increase it. What do we get out of it? More spending on education, hospitals, pension? Nope?

    How about the national DEBT? Isn't paying off the debt the real reason for this doubling of consumption tax, not to mention most other taxes?

    The only way that money comes into existence is through debt (ie, a bank loan). When that money is created out of thin air along with added interest it creates a ponzi scheme. Why?

    Because (1) The interest was never created at the time of the loan so how can that which never existed be paid back? (2) The money is leveraged; in other words the banks loan many multiples of what they actually have in their vaults (or on their computer terminals). Every time you stick Y1000 in the bank it can be leveraged up to 10 times or more so that the bank can now loan out Y9000 which it never had.

    In Japan's case the government has borrowed trillions upon trillions of yen from the privately owned Bank of Japan and other bond holders. So these loans, which were created through sleight of hand, need to be paid back along with added interest. That's where the taxpayer comes in and IMO is the main reason for the consumption tax hike.

    Posted in: Japan to double consumption tax to 10%, G20 action plan says

  • 0

    weedkila

    Noda warned -- debt crisis -- trigger a chain reaction throughout the world -- a chain reaction triggered by -- large impact -- prevent the financial system from collapsing -- financial sector collapse -- warned sharp financial flows sparked by the crisis -- considerable impact -- supporting global growth -- pull out their funds -- entire world economy that will suffer -- calling for stable exchange rates.

    There seems to be no end to the fear-mongering. The politicians, banks and media will go to any lengths to get people to throw away their money and liberty for a false sense of security.

    Posted in: Noda warns of eurozone crisis chain reaction

  • 1

    weedkila

    Papandreou was summoned ...

    for a spanking

    where the visibly irate French and German leaders said any referendum would in fact be a question of whether Greece retains its cherished membership

    So it's blackmail then. And where's the democracy? Not a penny of the bailout money goes to the Greek people but they have to pay it back. The bailout money is being taken from the German taxpayer to pay off the banks via the Greek government. The Greek people should do what the Icelanders did and repudiate the debt.

    Posted in: Greek PM abandons referendum on debt plan

  • 0

    weedkila

    So, minus 11.55 trillion yen to finance reconstruction in Tohoku, where did the other 112 trillion yen disappear to? Why is Japan's debt to GDP ratio something like 220% when it has made vast profits from manufacturing toys and gadgets over the decades?

    The article says that the debt will be up by 99.75 trillion yen from just one year earlier. Interest rates for savers in Japan is near zero so if the government is paying the interest on money borrowed domestically (to pay for what?) then why such a huge amount?

    Japan doesn't have much wiggle room when it comes to reducing their debt. The only hope is joining the TPP,

    Ah, the TPP. Sounds similar to the early days of the EU or NAFTA.

    Posted in: Japan's public debt to hit record Y1,024 trillion

  • 0

    weedkila

    WilliB

    You mentioned it's a problem created by politics, which is true enough. But it's also a fact that Western governments are severely compromised by a powerful financial cartel who own the central banks. In other words, mercantilism. So while it's not incorrect to say it was a problem created by politics, it is more accurate to say that it was the politicians doing the bankers' bidding that created this mess.

    The euro and all other fiat currencies are inherently designed to self destruct, so what is the purpose behind such a system? And surely the people behind the creation of the euro -- the same cartel -- knew that "forcing radically different economies into the straight jacket of one currency" wouldn't work. So was it just greed? Or maybe a way to orchestrate more centralisation of power and control from the resulting chaos? Even the Vatican is now talking about having to create a one world currency and one world authority. Sounds suspiciously like the same crowd creating a problem to later introduce the solution they want.

    Whatever way you look at it central banking and its fractional reserve system is at the very root of the problems we are facing. I'm not advocating any one financial system over another, just to get rid of the predatory system we have now and let the free market decide what is best. Perhaps you were indicating that as well when you said: "This absurd scheme has to come to an end eventually."

    Posted in: Japan says it is ready to help stabilize Europe

  • 0

    weedkila

    naruhodo1

    If theyre just gonna throw money away, why dont they just print money and give to us? Wouldnt that solve the deflation issue and the yen? I guess its not as easy as people think to print money.

    Yes, they could just print money and give it to us, or drop it from a helicopter. But then the game would be up. One of the reasons commercial banks exist is to distribute the money that the central banks pump into the system and to keep the illusion going that this fraudulent banking system is necessary. Nothing could be further from the truth.

    Posted in: Japan says it is ready to help stabilize Europe

  • 0

    weedkila

    WillieB,

    overchan: " I see most of u criticizing Japan, But I've never seen any of you with a good idea to solve the crisis."

    What?? How many times have I pointed out that the way out of this is a haircut for the PIIG lender banks, followed by a return to national currencies?

    It needs to be more than just a haircut or even a return to national currencies. The only way to solve this is to do away with the central banking system because if you cut off their ability to print money from nothing then the predatory lender banks go too. The creditor banks are all owned or controlled by the same central banking cartel anyway.

    These creditor commercial banks have a kind of transactional function and this sorry system will simply continue even if they do take a haircut. The Bank of International Settlements (BIS - ever heard of it?) in Switzerland is the central bank of central banks. It is privately owned and sets policy for the other 100 plus privately owned central banks around the world. In other words, they're all tied in to the same controlling group.

    So again, do away with the central banks' ability to print money from nothing and charge interest on it (ponzi scheme) and the problem is pretty much solved since there are other much more equitable systems which can take its place. It might be hard times for a while but to continue with what we've got now would be the worse possible outcome.

    Posted in: Japan says it is ready to help stabilize Europe

  • 0

    weedkila

    Any rational person would let the euro collapse and then the crux of the problem, fractional reserve banking, would disappear down the drain hole of history. Sure there would be an awful impact but keeping the system afloat via monetary inflation and war (it's how the bankers transfer wealth and escape the distorted boom-bust cycle to reset the system) is even worse. At least with a collapse the public would finally have a chance to rid ourselves of debt slavery and get the banksters off our backs.

    The trouble for Europe's politicians and bankers is that they are constrained to how much money they can print and are having to fight every step of the way to obtain mere Billions of euros. They need much more to stop the euro from collapsing, if only temporarily, and fix the system in their favour. But more is never enough. That's the nature of the fiat-money beast.

    Contrast the European situation with the Fed and the reserve currency dollar where they can pretty much print at will. They injected at least 16 Trillion dollars to save the system from 2008 - 2010. And now there is talk of QE3, if it hasn't started already. We also find out the other day that the Fed guaranteed 75 Trillion dollars of BoA's bad derivatives debt by transferring the risk to the taxpayer. Where does it end?

    So like the Fed the Europeans have to find a way to print and print until the euro is either inflated away to nothing or a depression starts to at least salvage some of the banks. With the way the public are waking up and the Germans, Finns, Greeks etc resisting it seems likely they won't have the power to pull it off. We'll soon see I suppose.

    Posted in: Europe crafts debt deal as banks take Greek losses

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