---
By George Will — info@islandpacket.com
Because Ben Bernanke's public persona is as mild as milk, the transformation in American governance in which he has participated is imperfectly understood and hence insufficiently deplored. The change is dramatized by two recent developments.
One was the campaigning by several constituencies for and against what supposedly were the two leading candidates -- Larry Summers and Janet Yellen -- to replace Bernanke as chairman of the Federal Reserve. The Fed can no longer be considered separated from politics.
The second, and related, development is the semantic infiltration of journalism by language that ratifies the Fed's increasingly grandiose role. A Financial Times column on Yellen, now Bernanke's presumptive successor, described her as "poised to take the tiller of the U.S. economy." Oh? The economy has a tiller? And with it the Fed chairman can steer the economy? Who knew? On The Atlantic website, a columnist defends the Fed's recent decision not to follow through on earlier intimations about reducing its monthly purchases of $85 billion in mortgage and treasury bonds. This, the columnist said, illustrates the Fed's admirable "nimbleness." A touch on the tiller here, a nimble reversal there -- these express the fatal conceit of an institution that considers itself capable of, and responsible for, fine-tuning the nation's $15.7 trillion economy.
Slowing the Fed's bond purchases is called "tapering," which means more modest "quantitative easing." This is how governments talk when trying not to be understood. By continuing the pace of "easing" -- printing money -- the Fed has acknowledged that its fine-tuning has failed. The nimble, tiller-touching Fed assumed it would be more successful at reducing unemployment.
Well, to err is human. To assume that a few government officials can and should steer America's vast, globally connected economy -- hundreds of millions of people making trillions of decisions a day -- is a kind of confidence peculiar to the progressive temperament. In December 2010, Bernanke had this exchange with Scott Pelley of CBS' "60 Minutes"-
Bernanke: "We could raise interest rates in 15 minutes if we have to. So, there really is no problem with raising rates, tightening monetary policy, slowing the economy, reducing inflation at the appropriate time."
Pelley: "You have what degree of confidence in your ability to control this?"
Bernanke: "One hundred percent."
Bernanke once hoped that economists might (in John Maynard Keynes' words) "get themselves thought of as humble, competent people on a level with dentists." But Bernanke speaks the heroic language of a central planner, talking about the Fed's tasks of "economic management" and "economic engineering."
Of course he has confidence in the Fed's abstract power to end zero interest-rate policy (ZIRP). Easier said than done. Rep. Kevin Brady, R-Texas, chairman of the Joint Economic Committee of Congress, notes that four years of ZIRP has become "monetary morphine" for Wall Street, which is addicted. The day the Fed reneged on its hints of tapering, Wall Street responded euphorically -- the Dow soared 147 points.
ZIRP, which Yellen ardently supports, is trickle-down economics: Money, searching for yields higher than bonds offered under ZIRP, floods into stocks, the rising value of which supposedly creates a "wealth effect" -- feelings of prosperity that stimulate spending and investing among the 10 percent who own about 80 percent of all stocks.
ZIRP also makes the Fed an indispensable enabler of big government. By making borrowing, and hence deficits, cheap, ZIRP facilitates the political class's bipartisan strategy of delivering current benefits while deferring costs. ZIRP also provides cheap credit to big government's partner, big business.
Originally, in 1913, the Fed's mission was price stability -- preserving the currency as a store of value. In 1978, Congress created the "dual mandate," instructing the Fed to maximize employment. This supposedly authorizes the Fed to manipulate the stock market, part of Bernanke's inflation of the dual mandate into "promoting a healthy economy." Is a particular distribution of income unhealthy? The Fed will tell us.
The next Fed chair will put her or his hand on the economy's imaginary tiller after politically muscular constituencies campaigned for her or his candidacy. What will this helmsman do when, say, the homebuilders and others in the construction industry clamor pre-emptively against any retreat from ZIRP?
The Fed has become the model of applied progressivism, under which power flows to clever regulators who operate independent of political control. The Fed is, however, a creation of Congress, which may not forever refrain from putting a bridle and snaffle on a Fed that increasingly allocates credit, wealth and opportunity.
Read more here: http://www.islandpacket.com/2013/09/29/2708272/the-feds-applied-progressivism.html#storylink=cpy
Monday, September 30, 2013
Thursday, September 26, 2013
If anyone has ever received a #sign from #God it is me #FX #forex #trading
---
What a "claim" huh?
Let me explain how / why I think this is true..
I have been an above average forex trader for most of this year (2013)..
For a 4 month period of time (preceding the article below) from 12/22/2012 through 04/22/2013 I had a trading loss of -196 pips.
Which works out to close to -49 pips per month (196 / 4), or -12.25 pips per week (196 / 16).
I run a fairly small FX account where a single pip has a value of 0.10 (microlot) so on a monetary basis here we are talking about fairly close to B/E trading over this 4 month period that amounted to -($4.90) USD per month or -($1.23) USD per week. While not breaking the bank, obviously not a lot to "live on" ;)
Then I wrote and published this article on my blog.. --> Wednesday, May 22, 2013 READ THIS! And TRY to understand it..
Since that post, ie; from May 22, 2013 to Sept 26, 2013 my trading numbers have been nothing short of amazing..
From May 22, 2013 (the day the above article was posted on my blog) to Sept 26, 2013 my pip profit has been +16,878 pips
I still trade microlots so I end up here with +4,219 pips per month ($422.00 USD) or about 1,406 pips per week ($140.00 USD)
For the sake of comparison my pip count (See: How I count pips) (again at a dime per pip) between 01/01/2012 through 01/01/2013 was -14,207 pips so I lost about $1,421.00 USD over the course of the preceding year.
---
Whoever / whatever created us (humans) included a built in communications system (our DNA) and explained how to use it in the bible.
---
Mat_17:20 And Jesus said unto them, Because of your unbelief: for verily I say unto you, If ye have faith as a grain of mustard seed, ye shall say unto this mountain, Remove hence to yonder place; and it shall remove; and nothing shall be impossible unto you.
As I said in the article linked above..
"I didn't pray for pips or wealth or power.. I prayed (in earnest, which is important) for the ability to effectively use the "gifts" that were bestowed upon humanity by God / the Anunnaki. For wisdom, understanding and knowledge."
Pro_2:6 For the LORD giveth wisdom: out of his mouth cometh knowledge and understanding.
Isa_11:2 And the spirit of the LORD shall rest upon him, the spirit of wisdom and understanding, the spirit of counsel and might, the spirit of knowledge and of the fear of the LORD;
Col_1:9 For this cause we also, since the day we heard it, do not cease to pray for you, and to desire that ye might be filled with the knowledge of his will in all wisdom and spiritual understanding;
I highly recommend that you trust in God.
Isa 55:1 Ho, every one that thirsteth, come ye to the waters, and he that hath no money; come ye, buy, and eat; yea, come, buy wine and milk without money and without price.
Isa 55:2 Wherefore do ye spend money for that which is not bread? and your labour for that which satisfieth not? hearken diligently unto me, and eat ye that which is good, and let your soul delight itself in fatness.
Greg
What a "claim" huh?
Let me explain how / why I think this is true..
I have been an above average forex trader for most of this year (2013)..
For a 4 month period of time (preceding the article below) from 12/22/2012 through 04/22/2013 I had a trading loss of -196 pips.
Which works out to close to -49 pips per month (196 / 4), or -12.25 pips per week (196 / 16).
I run a fairly small FX account where a single pip has a value of 0.10 (microlot) so on a monetary basis here we are talking about fairly close to B/E trading over this 4 month period that amounted to -($4.90) USD per month or -($1.23) USD per week. While not breaking the bank, obviously not a lot to "live on" ;)
Then I wrote and published this article on my blog.. --> Wednesday, May 22, 2013 READ THIS! And TRY to understand it..
Since that post, ie; from May 22, 2013 to Sept 26, 2013 my trading numbers have been nothing short of amazing..
From May 22, 2013 (the day the above article was posted on my blog) to Sept 26, 2013 my pip profit has been +16,878 pips
I still trade microlots so I end up here with +4,219 pips per month ($422.00 USD) or about 1,406 pips per week ($140.00 USD)
For the sake of comparison my pip count (See: How I count pips) (again at a dime per pip) between 01/01/2012 through 01/01/2013 was -14,207 pips so I lost about $1,421.00 USD over the course of the preceding year.
---
Whoever / whatever created us (humans) included a built in communications system (our DNA) and explained how to use it in the bible.
---
Mat_17:20 And Jesus said unto them, Because of your unbelief: for verily I say unto you, If ye have faith as a grain of mustard seed, ye shall say unto this mountain, Remove hence to yonder place; and it shall remove; and nothing shall be impossible unto you.
As I said in the article linked above..
"I didn't pray for pips or wealth or power.. I prayed (in earnest, which is important) for the ability to effectively use the "gifts" that were bestowed upon humanity by God / the Anunnaki. For wisdom, understanding and knowledge."
Pro_2:6 For the LORD giveth wisdom: out of his mouth cometh knowledge and understanding.
Isa_11:2 And the spirit of the LORD shall rest upon him, the spirit of wisdom and understanding, the spirit of counsel and might, the spirit of knowledge and of the fear of the LORD;
Col_1:9 For this cause we also, since the day we heard it, do not cease to pray for you, and to desire that ye might be filled with the knowledge of his will in all wisdom and spiritual understanding;
I highly recommend that you trust in God.
Isa 55:1 Ho, every one that thirsteth, come ye to the waters, and he that hath no money; come ye, buy, and eat; yea, come, buy wine and milk without money and without price.
Isa 55:2 Wherefore do ye spend money for that which is not bread? and your labour for that which satisfieth not? hearken diligently unto me, and eat ye that which is good, and let your soul delight itself in fatness.
Greg
Friday, September 20, 2013
#Revolution: An Instruction Manual - Strategic non-compliance / definace
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Grabbed on the net.. from here cyberguerrilla.org
Illusion of authority, I like that..
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Revolutionary Music, enjoy ;)
---
Have a great weekend
Greg
Grabbed on the net.. from here cyberguerrilla.org
Illusion of authority, I like that..
---
Revolutionary Music, enjoy ;)
---
Have a great weekend
Greg
Monday, September 16, 2013
Wednesday, September 4, 2013
Grabbed from the net.. #Human #evolution is coming, ready or not..
---
Humanity's time is now. Deep down in the essence of our heart, we have known that something in this system is wrong. We are now consciously realizing that it is the system itself. It has given us a false sense of growth, one that will not suffice anymore. We are becoming aware of this and are connecting back to our core essence - LOVE. In awareness of that, a new system is emerging. This is 'The Love Revolution.'
NOTE: This event is global. If you cannot make it to New York on 9/23/2013, unite locally. WE have the power. WE will be the reason this movement succeeds. WE will be the reason the system changes.
The reason why we are meeting at New York on 9/23/2013, is because there is a UN meeting on that day. Representatives of all countries will be there. The reason why the importance of this event is so critical is because we have an ambassador that is not 'from here' who reveals truth to humanity at that place, on that date. Now I may have gotten your attention thus far, and I may have lost you just now, but please be open minded - for the sake of humanity's future depends on it.
This person I talk about, she is an ambassador of her kind. You can follow her on twitter at @Cynthia_418. When I say her kind, it does not mean she looks like an alien. Her biology is that of a human, but her consciousness is not. The changes we see throughout this planet is that of consciousness, and she has come here with a mission. That mission being to unite humanity, and to reveal HUMANITY'S TRUTH to us on that day. We are working together with her in order to bring full potential to this movement.
If you are skeptical on aliens being on Earth already, please watch this video:
http://www.youtube.com/watch?v=XEQdvYFMBAU
This is just a simple video of Canadian Ex Minister of Defense publicly disclosing aliens working with the government and being on this planet.There is much more evidence out there if you do the digging. Even if you are skeptical, please consider. Humanity needs it. The state of this world will not be fit to live in with the current ways of this system. It needs changing.
If you need a reason for you to come on that day, please read this article:
http://99998271.blogspot.jp/2013/05/the-movement.html
Again this is simply very generic, mind opening, information that will help to give you a nudge in the right direction. We have known this system was wrong. We have known that we need to stand up, but we were too scared. It is time to break free from that fear and say enough is enough.
This event cannot succeed to it's full potential without YOU. The unification of a collective consciousness such as humanity's is essential in the succession of this event. The UNITY of HUMANITY is what will bring change in this system. We will stand firm, we will not harm, we will love - and through love we will bring change.
Bring signs. Bring noisemakers. Bring your friends. Bring your family. Bring everyone. Bring your love, and bring your positivity. This is a peaceful gathering, there will be no weapons, no causing trouble, just love and a powerful message.
Humanity needs this. The system lacks love. Anything that lacks love for too long will run it's self to destruction. We are on that path of destruction. We are killing our brothers and sisters daily. Our brothers and sisters starve and lack clean water because we refuse to distribute resources fairly. We are ravaging the planet's resources at break neck speed. There is corruption in the government. The government lacks transparency. They take away our rights daily. Free energy is suppressed. Our foods manipulated. Big pharma continues to poison us. There is fluoride in our water. Manipulation of media and information. The monetary system tainted with greed and corruption. We have been turned into slaves feeding a perpetual debt system that will last eternity if we let it. The list goes on.
This is not freedom. This is not living. This goes against every part of our being. Change will come. But only if we unite. The unification of humanity on this day is what will push for the system change. STAND STRONG. IF YOU DON'T STAND FIRM FOR YOUR RIGHT, YOU WILL HAVE NO RIGHT.
We stand up for a better future. Our actions now will lay the foundation for what it is like for our children. The seeds we plant now will determine the fruit we harvest. Don't be afraid. Unite.
Social media will be our bestfriends in assisting with this.
Follow us on twitter:
@theloveresolute
Follow Cynthia on twitter:
@Cynthia_418
Share this movement, invite all your friends, tell everyone.
Use the hashtag #theloveevolution
Tweet positive messages, tweet messages waking people up, just tweet about it. Raise awareness, because OUR efforts are the DIRECT OUTCOME of this event.
You have received the message. It is your responsibility to pass it. This event is very real. The movement has begun.
Additional reading
Ascended Masters - Who Are They?
Richard Gabriel: Humanity’s Origins and Ascension
Human Visualization Abilities, Contact with Ascended Beings and the Original Physical Templates for Mankind
Humanity's time is now. Deep down in the essence of our heart, we have known that something in this system is wrong. We are now consciously realizing that it is the system itself. It has given us a false sense of growth, one that will not suffice anymore. We are becoming aware of this and are connecting back to our core essence - LOVE. In awareness of that, a new system is emerging. This is 'The Love Revolution.'
NOTE: This event is global. If you cannot make it to New York on 9/23/2013, unite locally. WE have the power. WE will be the reason this movement succeeds. WE will be the reason the system changes.
The reason why we are meeting at New York on 9/23/2013, is because there is a UN meeting on that day. Representatives of all countries will be there. The reason why the importance of this event is so critical is because we have an ambassador that is not 'from here' who reveals truth to humanity at that place, on that date. Now I may have gotten your attention thus far, and I may have lost you just now, but please be open minded - for the sake of humanity's future depends on it.
This person I talk about, she is an ambassador of her kind. You can follow her on twitter at @Cynthia_418. When I say her kind, it does not mean she looks like an alien. Her biology is that of a human, but her consciousness is not. The changes we see throughout this planet is that of consciousness, and she has come here with a mission. That mission being to unite humanity, and to reveal HUMANITY'S TRUTH to us on that day. We are working together with her in order to bring full potential to this movement.
If you are skeptical on aliens being on Earth already, please watch this video:
http://www.youtube.com/watch?v=XEQdvYFMBAU
This is just a simple video of Canadian Ex Minister of Defense publicly disclosing aliens working with the government and being on this planet.There is much more evidence out there if you do the digging. Even if you are skeptical, please consider. Humanity needs it. The state of this world will not be fit to live in with the current ways of this system. It needs changing.
If you need a reason for you to come on that day, please read this article:
http://99998271.blogspot.jp/2013/05/the-movement.html
Again this is simply very generic, mind opening, information that will help to give you a nudge in the right direction. We have known this system was wrong. We have known that we need to stand up, but we were too scared. It is time to break free from that fear and say enough is enough.
This event cannot succeed to it's full potential without YOU. The unification of a collective consciousness such as humanity's is essential in the succession of this event. The UNITY of HUMANITY is what will bring change in this system. We will stand firm, we will not harm, we will love - and through love we will bring change.
Bring signs. Bring noisemakers. Bring your friends. Bring your family. Bring everyone. Bring your love, and bring your positivity. This is a peaceful gathering, there will be no weapons, no causing trouble, just love and a powerful message.
Humanity needs this. The system lacks love. Anything that lacks love for too long will run it's self to destruction. We are on that path of destruction. We are killing our brothers and sisters daily. Our brothers and sisters starve and lack clean water because we refuse to distribute resources fairly. We are ravaging the planet's resources at break neck speed. There is corruption in the government. The government lacks transparency. They take away our rights daily. Free energy is suppressed. Our foods manipulated. Big pharma continues to poison us. There is fluoride in our water. Manipulation of media and information. The monetary system tainted with greed and corruption. We have been turned into slaves feeding a perpetual debt system that will last eternity if we let it. The list goes on.
This is not freedom. This is not living. This goes against every part of our being. Change will come. But only if we unite. The unification of humanity on this day is what will push for the system change. STAND STRONG. IF YOU DON'T STAND FIRM FOR YOUR RIGHT, YOU WILL HAVE NO RIGHT.
We stand up for a better future. Our actions now will lay the foundation for what it is like for our children. The seeds we plant now will determine the fruit we harvest. Don't be afraid. Unite.
Social media will be our bestfriends in assisting with this.
Follow us on twitter:
@theloveresolute
Follow Cynthia on twitter:
@Cynthia_418
Share this movement, invite all your friends, tell everyone.
Use the hashtag #theloveevolution
Tweet positive messages, tweet messages waking people up, just tweet about it. Raise awareness, because OUR efforts are the DIRECT OUTCOME of this event.
You have received the message. It is your responsibility to pass it. This event is very real. The movement has begun.
Additional reading
Ascended Masters - Who Are They?
Richard Gabriel: Humanity’s Origins and Ascension
Human Visualization Abilities, Contact with Ascended Beings and the Original Physical Templates for Mankind
Thursday, August 29, 2013
One day it may be #time for our own Coup d'état #Military #Suicide [Just say NO!]
---
On 9/11 in 2001 19 #terrorists (allegedly) killed 3,000 Americans in "the worst terror attack ever on American soil".
Sept 11 this year, 2013, marks the 12th anniversary of that unfortunate event.
We have been "at war" (though never actually declared other than for buzzwords ie; The War on Terror) in the middle east for the past 12 years as a result of that single "terrorist attack".
If we take 3,000 [American lives] / 12 years, we get an "average" of 250 Americans per year killed by evil terrorists.. (If you like you can throw Maj Hasan's contribution in here too but it won't change the result).
When we look at the latest data for suicides by military personnel we see..
US military suicides have never been so high since data was recorded: up to 349 for 2012.
One doesn't have to excel in math to see that, on a per year basis, more military personnel, on average, kill themselves than Americans who have been killed by terrorists.
Past 12 years average number of Americans killed by terrorists = 250
2012 number of suicides by military personnel = 349
This is the human cost, saying nothing about the [#fiat] $$ cost of all U.S. military action(s) in the middle east, northern Africa, wherever..
US military suicides in charts: how they overtook combat deaths
I #hope I have active duty military readers of this blog.. I know I have quite a few military followers on @twitter.
Because I'd like to say, "I feel your pain". But don't give up. Don't do yourself in.
We have much work to do.
The #plan for the USA certainly "appears" to be something close to martial law
Many people suspect civil war in the USA is a very real possibility.
So, in short we need you.. You are "trained", battle hardened, sworn to defend the homeland from enemies abroad & domestically..
Most of you swore to God..
"I, [name], do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; that I take this obligation freely, without any mental reservation or purpose of evasion; and that I will well and faithfully discharge the duties of the office on which I am about to enter. So help me God."
It would be very comforting to many Americans to know that you have our back when / if things go south and government tyranny and the police state arrive in America.
One day it may be #time for our own military Coup d'état..
See also: Suicide Rate Among Vets and Active Duty Military Jumps - Now 22 A Day
On 9/11 in 2001 19 #terrorists (allegedly) killed 3,000 Americans in "the worst terror attack ever on American soil".
Sept 11 this year, 2013, marks the 12th anniversary of that unfortunate event.
We have been "at war" (though never actually declared other than for buzzwords ie; The War on Terror) in the middle east for the past 12 years as a result of that single "terrorist attack".
If we take 3,000 [American lives] / 12 years, we get an "average" of 250 Americans per year killed by evil terrorists.. (If you like you can throw Maj Hasan's contribution in here too but it won't change the result).
When we look at the latest data for suicides by military personnel we see..
US military suicides have never been so high since data was recorded: up to 349 for 2012.
One doesn't have to excel in math to see that, on a per year basis, more military personnel, on average, kill themselves than Americans who have been killed by terrorists.
Past 12 years average number of Americans killed by terrorists = 250
2012 number of suicides by military personnel = 349
This is the human cost, saying nothing about the [#fiat] $$ cost of all U.S. military action(s) in the middle east, northern Africa, wherever..
US military suicides in charts: how they overtook combat deaths
I #hope I have active duty military readers of this blog.. I know I have quite a few military followers on @twitter.
Because I'd like to say, "I feel your pain". But don't give up. Don't do yourself in.
We have much work to do.
The #plan for the USA certainly "appears" to be something close to martial law
Many people suspect civil war in the USA is a very real possibility.
So, in short we need you.. You are "trained", battle hardened, sworn to defend the homeland from enemies abroad & domestically..
Most of you swore to God..
"I, [name], do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; that I take this obligation freely, without any mental reservation or purpose of evasion; and that I will well and faithfully discharge the duties of the office on which I am about to enter. So help me God."
It would be very comforting to many Americans to know that you have our back when / if things go south and government tyranny and the police state arrive in America.
One day it may be #time for our own military Coup d'état..
See also: Suicide Rate Among Vets and Active Duty Military Jumps - Now 22 A Day
HOW MARTIAL LAW IN AMERICA WILL AFFECT YOU
---
[Editor's Note: The following post is by TDV contributor, Wendy McElroy]
Martial law occurs when the military or militarized law enforcement replaces civilian authorities in order to impose military rule during an emergency. Civil liberties are suspended. In the United States, a pivot point that signals martial law is the suspension of habeas corpus – the right to a hearing on whether an imprisonment is lawful. In practice, habeas corpus means a person cannot be imprisoned without legitimate charges and due process. The U.S. Constitution recognizes the suspension of habeas corpus as an identifying feature of martial law in Article I, Section 9, “The Privilege of the Writ of Habeas Corpus shall not be suspended, unless when in Cases of Rebellion or Invasion the public Safety may require it.”
Obama is preparing to declare martial law in America. He may decide not to do so but it is a prepared option that requires nothing more than the say-so of one man. The necessary Executive Order has been authorized. The National Defense Resources Preparedness grants Obama power over “resources and services needed to support...plans and programs” in “the event of a potential threat to the security of the United States.” The grant of authority is so complete that it includes the ability to commandeer technology, industry, and the nation's other resources down to its “food resources, livestock resources, and the distribution of farm equipment and commercial fertilizer.”
The legal framework for martial law is in place.
Continue reading on THE DOLLAR VIGILANTE BLOG
[Editor's Note: The following post is by TDV contributor, Wendy McElroy]
Martial law occurs when the military or militarized law enforcement replaces civilian authorities in order to impose military rule during an emergency. Civil liberties are suspended. In the United States, a pivot point that signals martial law is the suspension of habeas corpus – the right to a hearing on whether an imprisonment is lawful. In practice, habeas corpus means a person cannot be imprisoned without legitimate charges and due process. The U.S. Constitution recognizes the suspension of habeas corpus as an identifying feature of martial law in Article I, Section 9, “The Privilege of the Writ of Habeas Corpus shall not be suspended, unless when in Cases of Rebellion or Invasion the public Safety may require it.”
Obama is preparing to declare martial law in America. He may decide not to do so but it is a prepared option that requires nothing more than the say-so of one man. The necessary Executive Order has been authorized. The National Defense Resources Preparedness grants Obama power over “resources and services needed to support...plans and programs” in “the event of a potential threat to the security of the United States.” The grant of authority is so complete that it includes the ability to commandeer technology, industry, and the nation's other resources down to its “food resources, livestock resources, and the distribution of farm equipment and commercial fertilizer.”
The legal framework for martial law is in place.
Continue reading on THE DOLLAR VIGILANTE BLOG
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