MONEY: “Inside Money” standard and the “Outside Money” reality

https://tomluongo.me/2022/03/13/ins-outs-whose-money-is-it-anyway/

MONEY, POLITICS
The Ins and Outs of Whose Money is it Anyway?
Date: March 13, 2022Author: Tom Luongo

*** begin quote ***

Today’s “Inside Money” standard, known colloquially as the Dollar Reserve standard, is actually what I like to call “Milton Friedman’s Nightmare.” It is nothing more than a system of competitively devalued and inflated debt-based scrips running around drinking each other’s milkshakes until everyone’s glass is empty.

FYI, there are a lot of empty glasses around the world right now and more are being created everyday as the financial system turned predatory after the Lehman Bros. collapse in 2008.

It was then that the Central Banks and governments turned fully against the people sucking up more and more outside money by inflating inside money egregiously to control more and more of the real wealth of the world.

There is only one problem with that, however. Eventually, you run out of property to squeeze out of people’s hands. The more you take, the less people are restrained by little things like laws.

Eventually two things happen. The first is what we’ve been seeing from Russia and China for the past twelve years — steady accumulation of gold and other hard assets, outside money, including the building of real manufacturing infrastructure as well as the financial infrastructure to house it.

The second is just over the horizon — the moment where all the legal claims to controlling outside money mean nothing when enforcement of those legal claims gets exposed as a bluff because there aren’t enough enforcers capable of keeping the looters from taking it.

*** end quote ***

I’m am waiting for the “Great Reset” to drop on “We, The Sheeple” of which I am part of in someways.  I know this is going to hurt the poor, the seniors, those on fixed incomes, as well as the non-super rich.

Wonder what the price of gold will go to … … (the fellow’s guess)  about 45k$.  By other guesstimates, that’ll translate to 80$/gallon for gas.  Now I’m not predicting this but even if gas goes from 4 to 8$/gallon, the economy is totally screwed.

The U$D would be near worthless.

Argh!

The future is murky and there could be a cliff in the fog.

—30—

 

GOVEROTRAGEOUS: The BHO44 DOJ interfered in the Clinton Foundation investigation

http://dailycaller.com/2018/04/15/fbi-clinton-foundation-investigation/

Behind The IG Report — How The Obama Justice Department Tried To Shut Down The FBI’s Investigation Into The Clinton Foundation
RICHARD POLLOCK — Reporter — 8:37 PM 04/15/2018

  • The Department of Justice Inspector General released a report Friday claiming “lack of candor” by former FBI deputy Director Andrew McCabe
  • The report also details Justice Department’s influence to close a multi-state investigation into the Clinton Foundation
  • The IG claims McCabe leaked DOJ’s pressure to end the Clinton investigation to battle claims he was partial to the Clintons

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The Department of Justice Inspector General report on the “lack of candor” by FBI deputy Director Andrew McCabe also documents for the first time the Obama administration’s effort to shut down the bureau’s investigation of the Clinton Foundation, according to a review of the report by The Daily Caller News Foundation Investigative Group.

*** and ***

The question is how much additional pressure did the Obama administration apply upon the FBI to end its investigation of the Clinton Foundation. The IG’s report is silent on this point.

*** end quote ***

Seems factual that the BHO44 DOJ interfered in the Clinton Foundation investigation.

How high did the interference go? 

To BHO44 himself?

Who knew what and when?

Argh!

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POLITICAL: Voting is a sham!

http://www.lewrockwell.com/2014/11/robert-willmann-jr/how-to-rig-elections-easily/

The Trump Card to Rig Elections
By Robert Willmann, Jr.
November 4, 2014

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The foundation for assuring the integrity of any system is auditing and cross-checking. For electronic voting machines, what about audits and recounts? The U.S. Congress put this in Title Three of HAVA, with its warm and reassuring caption, “Uniform and Nondiscriminatory Election Technology and Administration Requirements” –

“[Section 301(a)(2)]. Audit Capacity.

(A) In General. The voting system shall produce a record with an audit capacity for such system.

(B) Manual Audit Capacity.

(i) The voting system shall produce a permanent paper record with a manual audit capacity for such system.

(ii) The voting system shall provide the voter with an opportunity to change the ballot or correct any error before the permanent paper record is produced.

(iii) The paper record produced under subparagraph (A) shall be available as an official record for any recount conducted with respect to any election in which the system is used.” [1]

Read that carefully several times. A decent, trusting American might think that a paper ballot with the voter’s selections will be printed out, the voter will check it to be sure it matches what was selected on the electronic voting machine, and each ballot printed out will be kept by the election department so that a hand recount can be done to check the electronic results. But does it say that?

Notice the cunning wording. The “audit capacity” is for “such system” and not for each individual voter’s ballot. The paper record is for the whole system, meaning the vote totals as created by the electronic voting machines and tabulating computers. You get a printout of the computer’s totals. You do not get a printout of each ballot verified by each voter, to be saved locally for a real recount.

*** and ***

But hoping to use one of their two independent powers, people turning to the ballot box face the ultimate trump card.  Electronic voting machines.

Voters no longer mark their ballots.  Local election officials no longer count them.  Devices created and programmed in secret do it.  No recount is possible. Any fraud is undetectable.

*** end quote ***

Two quotes to remember about voting and elections:

“If voting made any difference they wouldn’t let us do it.” ― Mark Twain

“Those who cast the votes decide nothing. Those who count the votes decide everything.” — attributed to communist tyrant and mass murderer Josef Stalin

And, you expect me to “trust” the system!

Never mind that the “system” is structurally engineered to ensure that you only get to chose between large Gooferment and still larger Gooferment. 

(Ross Perot was a democratic operative running to split the republican vote (again).  He was campaigning on smaller Gooferment. He was on the verge of winning. He was being so competitive that he had to self-destruct the campaign to ensure the correct result. IMMEDIATELY, the two parties agreed to “reforms” that would prevent any challenge to the duopoly.

Even now, my beloved Libertarian Party, it financed by the D’s to split the R vote. As is the Green Party, which I regard as the Communist Party in disguise, is financed by the R’s to split the D vote.

Argh!

Secession. 

And a return to a truly representative republic.

On our way to a 100% voluntary society.

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RANT: Loris Lerner’s IRS emails do still exist…

Dear Friend & Supporter,

We wanted to make sure you saw the breaking developments in our IRS investigation. In a bombshell admission, forced out by Judicial Watch lawsuits, the Obama Administration has disclosed that backs-ups of Loris Lerner’s IRS emails do still exist…

Please donate right now to keep the heat on Obama’s IRS.

Judicial Watch Statement on Discovery of Backups for “Missing”
Lois Lerner IRS Emails

Judicial Watch announced the following developments in our IRS missing emails investigation. Judicial Watch President Tom Fitton stated:

Department of Justice attorneys for the Internal Revenue Service told Judicial Watch on Friday that Lois Lerner’s emails, indeed all government computer records, are backed up by the federal government in case of a government-wide catastrophe. The Obama administration attorneys said that this back-up system would be too onerous to search. The DOJ attorneys also acknowledged that the Treasury Inspector General for Tax Administration (TIGTA) is investigating this back-up system

We obviously disagree that disclosing the emails as required would be onerous, and plan to raise this new development with Judge Sullivan.

This is a jaw-dropping revelation. The Obama administration had been lying to the American people about Lois Lerner’s missing emails. There are no “missing” Lois Lerner emails – nor missing emails of any of the other top IRS or other government officials whose emails seem to be disappearing at increasingly alarming rate. All the focus on missing hard drives has been a diversion. The Obama administration has known all along where the email records could be – but dishonestly withheld this information. You can bet we are going to ask the court for immediate assistance in cutting through this massive obstruction of justice.

Here is the second set of sworn declarations by IRS officials in response to Judge Emmet G. Sullivan’s investigation into the missing emails of Lois Lerner and other IRS officials. The declarations were provided after close of business on Friday, August 22.

Sincerely,

Your Judicial Watch Team

Visit JudicialWatch.org
425 3rd St, SW Suite 800
Washington, D.C. 20024

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Yes, I am a Judicial Watch contributor.

I don’t understand why there are not people going to jail or being disbarred?

Personally, I am going to review all the testimony in front of Congress and statements to the media. Any lawyer involved will generate a letter to the appropriate Bar Association asking for disbarment proceedings to start. It was done to Clinton and it should be done to another liar!

Argh!

We have to fight for the Republic against the D’s, the R’s, and the Crony Capitalists.

Argh!

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POLITICAL: Records retention policies compromised

http://www.therightcurmudgeon.com/2014/07/benghazi-talking-points-developed-govt-watchdogs-blast-kerry-aides-use-gmail-account

Home  Breaking News Feed  Breaking News – Daily Caller  
‘Is This How The Benghazi Talking Points Were Developed?’
Govt Watchdogs Blast Kerry Aide’s Use Of Gmail Account
Jul 25, 20140 39
By Brendan Bordelon

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Two top government watchdogs in Washington D.C. slammed a key aide to Secretary of State John Kerry for using a private Gmail account to conduct official government business, calling it “the worst possible practice in trying to maintain transparency” and speculating whether this was “how the Benghazi talking points were developed.”

*** and ***

“Records retention policies could be compromised by the use of private email,” he said, referencing Freedom of Information Act (FOIA) rules giving citizens the right to check up on their government by requesting official documents. “There are a variety of ways that federal records laws could be compromised through the use of private emails to conduct public business.”

*** end quote ***

Just another way the current administration breaks the law.

Ho hum, what’s new about that?

“Move along, people. Nothing to see here. Go home, you looky-loos.” Officer Barbrady’s Catch Phrase South Park

Argh!

POLITICAL: Salman Khan will kill Gooferment Skrules

http://www.lewrockwell.com/2014/07/gary-north/one-man-is-bringing-down-teachers-unions-and-public-schools/

http://www.garynorth.com/public/12661.cfm

Khan Academy’s Challenge to State-Certified Educators
By Gary North
GaryNorth.com
July 12, 2014

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I have written a lot about Salman Khan and the Khan Academy. I will continue to do so.

Today, I want to talk about what he has done to modern theories of education. For over a century, there has been a mass illusion that has been fostered by beneficiaries of tax money. This money has gone to teachers and educators. This illusion is as follows: state certification necessary to be a good teacher.

*** and ***

It is all a farce. It is summarized by the slogan we have all heard: “He who can, does. He who can’t, teaches. He who can’t teach, teaches teachers.”

*** and ***

Because one man has single-handedly proven that the entire theory of progressive education is wrong, and that you don’t need to have specialized training in order to be a great teacher, other institutions can now get involved. Institutions that are not certified by the educational establishment will be able to provide top-flight educational services. Churches will be able to do this. Charitable groups will be able to do this. I hate to think about it, but inner-city gangs will be able to do this. Anyone who wants to gain a following in the community can do so by offering top-flight educational services free of charge, simply by providing low-cost computers to students, and a minimal place to house them. The state will still regulate square footage, and the teachers’ union will still try to convince people that these alternative routes to education are substandard, but Khan Academy’s success at Oakland Unity High School is proof that an uncertified teacher and his educational program are better than what the inner-city schools, or regular public schools, are capable of providing. That is the affront of the Khan Academy.

*** end quote ***

Maybe this will finally kill Gooferment Skrules and the corruption goes with them (i.e., politicians appoint bureaucrats who “negotiate” with teacher’s union who then make contributions of money and labor to the politicians). It’s incest!

Argh!

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GOVEROTRAGEOUS: Gooferment Skrules are politicaly influenced

http://www.breitbart.com/Breitbart-Texas/2014/07/04/Sources-Whistleblowers-Forcing-Out-UT-President

SOURCES: WHISTLEBLOWER FORCING OUT UT PRESIDENT
Michael Quinn Sullivan is a contributor and founding member of the Breitbart Texas team, and is the president of Empower Texans. 

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AUSTIN, Texas–Two highly placed sources say University of Texas president Bill Powers has been given a choice: resign by the end of the day July 4, or be fired next week. The order comes as a whistleblower has allegedly stepped forward with information tying Powers directly to a growing admissions scandal. The sources tell Breitbart Texas that the decision to axe Powers came early Thursday, with the ultimatum handed down by UT Chancellor Francisco Cigarroa and Board of Regents chairman Paul Foster.

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“I’m shocked, shocked to find that gambling is going on in here!” Captain Renault in Casablanca

I’m “shocked” that politicians are using their influence for their relatives.

And, when it’s “discovered”, they attack the whistleblower!

Argh!

Tell me again why we have Gooferment Skrules?

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RANT: The Elite get a police escort at your expense

http://www.breitbart.com/Breitbart-Sports/2013/08/17/LBJ-Police

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From the Associated Press:

The Miami Heat star posted a video of him saying he was following ”a police escort on the wrong side of the street” to get to the concert at Sun Life Stadium. The eight-second video shows James’ vehicle behind others with police lights flashing, as oncoming traffic on the three-lane side of the road allowed them to pass.

It was unclear what law enforcement agency was providing the escort, which appeared to be taking place in the vicinity of the stadium. Traffic around much of the area was clogged because of the concert.

*** end quote ***

Never let it be said that we don’t have a two class society.

The Elite and the rest of the Mundanes.

Chew on that Sheeple!

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POLITICAL: Menendez “wooed” married woman

http://www.nypost.com/p/news/local/nj_state_of_affairs_uv9nrD55pWXg5WlpLflqHI

New Jersey Sen. Robert Menendez wooed married woman: source
By ISABEL VINCENT and MELISSA KLEIN
Last Updated: 6:05 AM, June 23, 2013

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Menendez apparently sees no ethics problem with taking his married girlfriend to the Puerto Rican governor’s beach house while the governor was under federal investigation, and published reports describe Menendez as putting a senatorial hold on the nomination of the US attorney who was to oversee the investigation,” said Ken Boehm, chairman of the National Legal and Policy Center. “Is there any wonder the public has such a low opinion of elected officials?”

*** end quote ***

What a sleaze!

Anyone in Pepuls Republik of Nu Jerzee proud to be represented by this cad?

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POLITICAL: Racial “Clovers”?

http://lewrockwell.com/williams-w/w-williams168.html

Honest Examination of Race

by Walter E. Williams

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You might ask, “What’s the point, Williams?” Let’s be clear about it. I’m not stating that there’s a causal relationship between crime, poverty and squalor on the one hand and, on the other, Democratic and black political control over a city. Nor am I saying that blacks ought to vote Republican. What I am saying is that if one is strategizing on how to improve the lives of the poorest black people, he wants to leave off his to-do list election of Democrats and black politicians. Also to be left off the to-do list is a civil rights agenda. Racial discrimination has little to do with major problems confronting black people.

*** end quote ***

Argh!

Any time one “party” rules, the Sheeple and Clovers get screwed. The fact that the Sheeple and Clovers are various colors makes no difference!

Argh!

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POLITICAL: Lessig’s One Way Forward

http://boingboing.net/2012/02/21/lessigs-one-way-forward.html

Lessig’s One Way Forward
by Cory Doctorow at 6:41 am Tuesday, Feb 21

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Lawrence Lessig’s new ebook One Way Forward is one of the most exciting documents I’ve read since I first found The Federalist Papers. One Way Forward is more of a long pamphlet than a book. It’s tempting to call it a “manifesto,” except that it’s so darned reasonable, and that’s not a word that comes readily to mind when one hears “manifesto.”

At the core of Lessig’s reasonable manifesto is the corrupting influence of money in politics, a corruption that predates the notorious Citizens United Supreme Court case. Lessig ascribes to this corruption the outrage that mobilizes both Occupy and the Tea Party, and he believes that the corruption can’t be ended until both the left and right realize that though they don’t have a common goal, they do share a common enemy, and unite to defeat it.

To this end, Lessig has a series of extremely practical suggestions, legislative proposals that, individually, strike at the root of the corruption, and, collectively, could kill it. Most of these don’t require any kind of constitutional amendment. All are designed to be passed through the nonpartisan action of activists of all political stripes, working together on ideals that neither should find fundamentally objectionable.

*** end quote ***

Lessig is a known forward thinker.

Cory Doctorow is another thought leader.

So why can’t us little people drain the swamp?

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FLASH: Sunday is “reserved for the NFL”; by who? (Heard on ESPN)

2011-Dec-30 @ 1711

Just heard on ESPN that the Rose Bowl has been moved from New Year’s Day to Saturday because “Sunday is reserved for the NFL”. My immediate reaction was “by who”?

This indicate collusion by persons or organizations unknown.

Is there linkage between the NFL and the NCAA? ESPN as the go between?

To me this raises questions.

(1) Is NCAA football merely a minor league for the NFL? And, if so, does that have tax and labor implications?

(2) When players “come out early” or “stay for their senior year”, what influence does the NCAA or NFL have on this?

(3) What are the implications if the NCAA is the puppet of the NFL?

(4) The NCAA is a “non-profit association”; the NFL is an LLC. What are the implications if the NCAA is captive subsidiary of the NFL?

(5) Is there a funds transfer, or even an “in kind” value transfer, in this “reservation”?

No, my tin foil hat isn’t on too tight. It just sounds fishy!

# – # – # – # – #  2011-Dec-30 @ 17:11

POLITICAL: National Popular Vote would enable fraud

http://www.wnd.com/index.php?fa=PAGE.view&pageId=374709

Why National Popular Vote is a bad idea
Posted: December 05, 2011
Phyllis Schlafly

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Moving quietly under the cover of the presidential debates and the enormous publicity given to the Republican nomination race is a plan to change how U.S. presidents are elected. It would bypass the procedure spelled out in the U.S. Constitution, which has been used successfully for over two centuries.

The Constitution prescribes how we elect our presidents. It is a mirror image of the Great Compromise. Designed by the Constitutional Convention of 1787, the Great Compromise brought together the large and small states by means of a national Congress, with the House of Representatives based on population and the Senate based on state sovereignty.

Likewise, when the presidential electors meet in gatherings known as the Electoral College, each state’s vote is equal to the sum of its House and Senate representation in Congress. Our Founding Fathers understood that America is a nation of both “we the people” and a federal system of states, so it allows all states, regardless of size, to be players in electing our president.

The plan to change this system is called the National Popular Vote. It obviously has a lot of money behind it because it is sending highly paid lobbyists around the country to persuade state legislatures to adopt the NPV plan.

NPV is an attempt to achieve the longtime liberal goal of getting rid of the Electoral College. Instead of proposing an amendment that would first need to be passed by Congress and then ratified by three-fourths of the states (38), NPV is a scheme to deviously bypass the grand design of our U.S. Constitution.

Learn why it’s crucial to preserve the brilliant concept handing down from our founders — read George Grant’s “The Importance of the Electoral College”

*** and ***

Remember our national trauma as we suffered through recounts in Florida where the margin between Bush and Gore was only about 500 votes? If the election is based on the national popular vote and it’s close, NPV would induce recounts in many or most of the 50 states.

*** and ***

People who pretend that the Electoral College system is undemocratic are not only ignorant of the history and purposes of the U.S. Constitution, but they probably don’t even understand baseball. Basing the election on a plurality of the popular vote while ignoring the states would be like the New York Yankees claiming they won the 1960 World Series because they outscored the Pirates in runs 55-27 and in hits 91-60. Yet, the Pirates fairly won that World Series, 4 games to 3, and no one challenges their victory.

*** end quote ***

Can you imagine the corrupt political machines having even MORE power?

Argh!

How stupid can “We, The Sheeple” be?

Corruption in Chicago can out vote everyone?

It’s a joke!

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