“I see… I see… a ship!”

There was this episode of Gilligan’s Island when Ginger had occasion to use her stage craft to become Madame Zelda (or the like) and “see” into the future. The castaways had been on the island awhile and their social fabric was beginning to fray. The Professor confided this to Ginger and convinced her to “see” a ship coming in her crystal ball so as to buoy the hope of the castaways. He wanted to give them something to cling to.

This country since the beginning has maintained a similar ruse. The political parties have used the false dichotomy of Democrats vs Republicans. They get everyone to wear the t-shirt of ‘their’ team. Give money to their team. Follow the box scores in the paper as to who won and who lost (elections). To sucker them into going to the games (conventions). To get the rubes to believe that if they just give them “this” election, that NOW it will be different! NOW they will have won! And vanquish the other party to the dustbin of history!

That is so cute. Its been about handing out taxpayer’s money to corporations and banks. Its been about subsidizing millionaire farmers. Its been about propping up the military industrial complex with bullshit wars and high priced weapon systems. Its been about maintaining monopolies for big pharmaceuticals. It hasn’t been about this important “war” of Liberals vs Conservatives. Its simply been about taking your money (and selling books, magazines, airtime, newspapers and websites). Follow the money. Its no more complicated than that.

Jim Roach

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They knew

A few of us now know about the conspiracies from yesteryear. A select few back then knew about them also. Representative Charles Lindbergh, Henry Ford, Louis McFadden, these guys knew. One of the most important conspiracies, as it goes to the core of what a nation is, is the fake money supply. It doesn’t bode well for a country when the basis of everything it does is false. When you have a cabal of crooks turning all of us into debt slaves, its good to know the facts, figures and methods in which they did it. I found out all I needed to know at Artic BlogSpot.com

I’d had a few posts on the subject of this post, Louis McFadden, over the years. Reviewing one I noticed something I had missed, he was murdered. A search brought me to the link above, “Who Murdered Louis McFadden?” Poisoned to be precise. Like Patton, like Kennedy, like Representative Larry McDonald, the NWO/Deep State/Establishment/Insiders/International Communists are not above murder. In fact they are quite good at it.

Jim Roach

 

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Thrift Savings Plan

In 1984 the Federal Government needed a new pool of money to steal from so they invented the “Federal Employee Retirement System” (FERS). There was no “economic boom” in the 80’s, there was simply living large on a credit card. Spending now with the “promise to pay” later. Reagan took a modest national debt of around $920 billion and turned it into a staggering $2.7 trillion dollars. The “80’s boom” simply indentured our progeny into being debt slaves. We sold out future generations while calling it “trickle down”.

The Civil Service Retirement System (CSRS) was fair and protective of the employee, but it didn’t create a pool of money that Congress could then steal. Hence: the  Thrift Savings Plan. Most people are so stupid they don’t realize there is nothing in the “lockbox” or trust fund of SSA and Medicare, that has long ago been stolen by Congress. As has been noted before, a standing pile of money cannot remain untouched in Washington, it has to be stolen. Its diabolical really. Thrift Savings Plan (TSP) money went into the employee’s 3rd leg of the retirement plan, into government bonds, securities and the stock market.

This new pool of money existed solely on paper. It went out as soon as it came in. In its place Congress put an IOU. And as the Federal Government is the nations largest employer this worked out pretty well. What had been the world’s largest Ponzi Scheme, SSA, now had some help. If that betrayal wasn’t enough, Congress added several twists. When they switched to the new system in 1984, it was 30 months before they had a fund for employees to put their money in. The G Fund wasn’t created until April of 1987. They in effect stole 2 1/2 years from the workers. They stole the time value of their money. They didn’t have the S&P 500 index, the C Fund for 4 years, 1988.

Not only did they steal the time value of our money, they gave us no education on what to do with it. They took the perfectly protected CSRS system, and turned us FERS folks over to the wolves. A self directed retirement system is fine, but you GOT to give us some guidance! We promptly went out and made every investment mistake in the book. Our unions were of no help, all they talked about were the political machinations going on in Washington. God forbid there was an “Investment Corner” in each months magazine giving tips. God forbid they gave us some help in the whole point of working – retirement.  Our unions think the whole point of our working is to fund them.

So you make it to the end of the road. You retire. 30 years of faithful service to the government, and the screw job gets worse. You have to prove your life to the government. I know it sounds strange, but its true. Everything you had to document during your 30 years (whether you had military service, or you were married, or had children, etc.), you had to prove again with birth certificates and marriage licenses and DD-214s and the like.

Despite making every investment mistake there is during your career, you end up with a few hundred thousand dollars and its time to decide how to get it out. One option is to purchase a guaranteed monthly income for life through an annuity. Sounds good, so you fill out the paperwork and send it in. Then you realize you just gave them authorization to take your life savings, and they have promised you nothing. YOU had to go to the notary public to prove your existence and sign your life away, and they are on paper for NOTHING. You get the contract AFTER you purchase the annuity. Just trust us. We’re from the government and we’re here to help.

FERS has been a screw job from the start, and it continues to the very end.

Jim Roach

 

 

 

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“We have in this country one of the most corrupt institutions the world has ever known”

“We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks, hereinafter called the FED. They are not government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign
customers…”

— Louis McFadden
(1876-1936) US Congressman (R-PA) (1915-1935), Chairman of House Banking and Currency Committee. Poisoned in 1936.
Source: Speech in Congress, June 10, 1932

Louis_T._McFadden_cph.3b17014

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A Random Walk Down Wall Street

It pays to screen books. After reading a plethora of bad investment books, I screened a half dozen ‘Top 10’ lists and came up with 3 books that appeared on all of the lists. Forget getting ripped off investing, I even got ripped off buying bad books. And while long, this one is a very nice read, worth every penny. Malkiel is brutal in his assessment of Wall Street as a den of thieves. You get the impression that American business isn’t so much about creating a better product, as it is about creating a better way to cheat the public. The goal of the investment banks isn’t to make you rich, it is to pick you clean and leave you wondering how they did it.

He also drives home that the investment “professionals” are just as clueless as the rest of us when it comes to forecasting the direction of the markets. Essentially that the buy and hold strategy of an index fund will beat a managed fund any day of the week. Chartists and soothsayers can spout all the mumbo jumbo they want, but they don’t beat the law of averages. My only gripe with the author, is that he lets  the Securities and Exchange Commission off the hook for letting Wall Street get away with murder.  Nope, if the SEC isn’t going to do their job, find someone who will.

Chapter 7 is a good example. He highlights how companies like Enron, Sunbeam, Qwest, etc. ripped off stockholders with ridiculous accounting schemes. Why did the SEC allow this? There’s a foolproof way these crooks never get off the ground, its called GAAP (Generally Accepted Accounting Principles). How can this be happening in the computer age? Sure in the old days of actual books it would be tough, but now? Their program either runs through the SEC program or they don’t. But if you stop the corruption, retiring SEC officers don’t get sweetheart positions at the big investment banks when they leave government service.

Its been over a hundred years since we went after the ‘robber barons’, its time to put some hides on the wall.

Jim Roach

[The other gripe I have with Malkiel (aside from him letting government regulators off the hook for their lack of oversight), is on page 196 when he says, “The period 1930 – 1932 was extremely poor for stock investors. The early 1970s also produced poor returns.” My God sir! Those were the greatest buying opportunities the world has ever seen! Along with the big dip in October ’87, July of 2002 and July of 2008, those are opportunities of a lifetime. Quit encouraging people to fear the dip. Maintain liquidity to grab the dip! On page 321 he makes a similarly questionable statement regarding government debt that he blames on entitlement programs. They aren’t the problem, the fact that Congress spent the trust fund that was supposed to pay for them was the problem. Don’t sit there and try to blame old people. It was Congress.]

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How stupid are people?

If you get on Twitter you’ll see Republicans railing against Democrats like Chuck Schumer, Nancy Pelosi and Alexandria Ocasio-Cortez. In their minds these Democrats are the root of all evil. Which is true of course, but that ain’t the Republican’s problem. I don’t know how you remain that stupid? They must be using steroids… “the stupid is strong in that one!”

Mitt Romney highlighted that a couple a days ago with a piece in the Washington Post dissing on Trump. That’s what the problem is. Worthless pieces of shit like Romney. Oh and he has plenty of company. Filth like Bob Corker, Jeff Flake, Lisa Murkowski, Susan Collins, Lamar Alexander and most of the rest of the “Republican” controlled Senate.

How Republicans can remain so brain dead and not see the traitors in their midst is beyond me. But one thing I do know, if you can’t identify the problem, there’s no way in hell you’re going to solve it. 

Jim Roach

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I’m getting really confused…

I go on Twitter and everyone is acting like the last 2 years didn’t happen. Regular people, famous people, they’re going on just like nothing has happened. The clock ran out, the final buzzer sounded, the game’s over. We walk to our car, drive home and get on with our life. They’re still playing this, “You Democrats did this!” “You Republicans did that!” game. What the hell is that all about? The party’s over.

Republicans have exposed themselves to be complete and utter frauds. Look at the evidence for god’s sake. The Republican Party had the House, the Senate, the Presidency, and a majority of the Supreme Court. They had it all! They did nothing. How on earth do you sit there and act like, “Well, we’ll get them next time!” No you won’t. This was it, the last chance. You had a guy Trump, and all the trappings of power to drain the swamp, and you deliberately chose not to.

Don’t sit there and tell me that at some specified time in the future, THEN by golly you’re going to do it! Uh-uh. You’re liars. People should not give you one red cent. The Republican Party should die penniless and out of power. People are stupid though. So I’m confident the game will continue. FOX News and the liberal outlets have too much money at stake to give up and go home. There’s money to be had on them thar airwaves. They need to keep the saps involved so the revenue stream doesn’t stop.

The newspapers ain’t gonna give up a dime and admit its all been a scam. Laura Ingraham and Ann Coulter still got books to sell, so they’re going to help prop up the façade. Rush Limbaugh and Sean Hannity got commercial airtime to sell on the radio to wring out their $25 million dollar a year salaries or whatever it is. But I’m sorry, the Emperor has no clothes. Your false dichotomy has been exposed. I cannot be a participant to this farce any longer. In the last few years it was getting tough to pretend that change was possible, but it is quite clear now that the door has been shut.

The last 2 years have shown we have a One Party system. This was freedom’s final shot, and freedom lost. 

Jim Roach

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Only 1 thing can take down a populist

As someone brilliantly stated in a post from July of 2015, the media can’t take down a populist. The Elites can’t take down a populist. A populist, as opposed to a tool of the establishment, doesn’t derive his power from the 1%. A populist by definition obtained his power from the people. They are the only ones who can take it away. I’ve only undersold Mr. Trump about a gazillion times, we’ll see if I have done so this time too.

Mr. Trump said he is going to pull out of Syria. No problem from his base on that. That’s what he promised he’d do. Only neocons like Mark Levin are upset with the pullout. Nope the thing that put Trump in trouble was the announcement he would sign a spending bill without a wall. His base just vaporized.

People dealing with the crime wave that is illegal immigration, are not going to stand for that betrayal. That was his core plank. 

Jim Roach

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Its a little sad really

As it will happen in the next 2o years, chances are real good I’ll live to see it. In my younger days my activism, at least subconsciously, was trying to head this off. Now I see it as inevitable. It all hinged on Donald Trump. The other option was to build a groundswell of informed voters that would provide a bottom-up revolution. That ain’t gonnna happen.  The government really began to make inroads on the control of K – 12 education in 1963. It really shows in the results, beyond the dismal results in math and science. Even as the array of educational tools exploded, the output shrank. The government by virtue of its control of K-12 education, succeeded in making the population so stupid it couldn’t see it was being slow boiled.

We have a government run amuck. Since the end of WWII it has been running as an Empire, whether it has been called one or not. I said our last chance was Donald Trump. That man sees it, from top to bottom , side to side, inside and out. Donald Trump knows what the problem has been for over 35 years. Go  back and see the Rona Barret interview from 1983. Its been 3 and one half years since he announced, and for a person who knew what to look for he checked all the boxes. He knows. And I can’t fault him for not getting it done. The Swamp was just too big, too woven throughout the fabric of our government. The Republican Party had been “absorbed” long ago. The Swamp has become the government.

There are 7 areas that I’ve identified that took us down:

  • Education
  • The Federal Reserve
  • Monopolies
  • National debt
  • Corporate media
  • Borders
  • Real property rights

I’m not going to try and flesh out all the nuances of these 7 items. Its clear the ‘norms’ don’t get it and never will. For my own sanity I will try to hit the bullet points. Congress has spent this nation into oblivion. The Federal Reserve and its magic printing press isn’t going to get us out of this one. Congress bankrupted us, but they’re going to balance the budget eventually on the backs of retirees. They act like entitlement spending is somehow the ill-gotten gains of the aged. Hardly. We paid into it our entire working lives. Its that Congress spent the trust fund as fast as it came in.

They did it to appease their corporate masters and to get reelected. People really don’t seem to understand corporatism. They seem to think there is only capitalism or socialism. Corporations have run this country since the beginning. Its just become more blatant. Anyway, the point is the country will soon become financially insolvent. The press will play along and not make a big deal about the fix. And for the American people, if it didn’t appear on the TV, it didn’t happen.

The coming budget shutdown is a typical example. They will talk about the money spent for Park Services and the Food Stamp program. Discretionary spending, which is a speck of dust on the national budget. The elephant in the room is Social Security  and Medicare spending. The big screw will likely come like this. On a Friday afternoon in an odd year (lookout 2019), on a voice vote, a bill will pass both Houses of Congress changing the entitlement rates. The cuts won’t start until another 2 years (after the next even year election). They will also be phased in so as not to ruffle the feathers overmuch of those already getting theirs.

My guess it will be over an 8 year period. My guess is the final cut will be 60% to 65% of current rates. And like I say, the press will play along keeping it quiet in order to prevent “civil unrest”. I think most likely the people are so used to civil obedience, the nanny state and being screwed, that the confiscation of 40% of their wealth/retirement dollars will hardly phase them. They will be convinced that entitlement spending was somehow their fault and that they were to blame. Hardly. Congress did this. Always remember that, Congress did this and will blame you.

Those gutless bastards always ducked the tough vote and never looked beyond the next election. And sometime in the past the American citizen quit being an “active and informed electorate”. They always wanted to kick the can down the road, and now we’re at the end of the road. 

Jim Roach

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“I believe that if the people of this nation fully understood what Congress has done to them…”

“I believe that if the people of this nation fully understood what
Congress has done to them over the last 49 years, they would move on
Washington; they would not wait for an election… It adds up to a
preconceived plan to destroy the economic and social independence of the
United States!”

— George W. Malone
(1890-1961) U.S. Senator (Nevada) 1957

 

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