Is there a global conspiracy? I don’t know. However, the concepts here are important to hear and touch a lot of important themes that will impact the lives of all people on the planet.

He states that the elites have formed an Aristocracy of Purpose.  That purpose is to maintain control over money and resources around the globe.  Their focus is on energy because without energy, money loses its value. With peak oil on the immediate horizon, elites are hard at work moving to consolidate control.  They are driving to destroy national sovereignty via globalization so that no nation can be self-sufficient and strike out on its own.  They feel the world is over-populated and must be reduced back to pre-industrialized numbers.  He introduces the concept of post-industrialization put in motion by destroying the world economy.

He says get out of debt.  Now is not a good time to own a home if it comes with debt.  Buy gold but better to get silver.  It will go toward $40/oz.  Buy land because you can always eat off land.  The nation state of the US has already failed.  Americans are on their own.

Click here to view the embedded video.

Some of my notes:

• He discusses a war agenda and military doctrine which involves oil pipelines and oil reserve control but is about much more than these things.
• The New American Century is a blueprint for world domination and lays out a game plan for conquest using the War on Terror as an excuse to move into the middle East.
• Al Qaeda is a creation of and continues to be a US intelligence asset
• There are four opposing factions including the US/British, Euro zone, Russia and China.  A silent war is currently raging between these groups around the defense industry/arms, oil and currency.
  
• Nuclear war is now part of the strategy in US preemptive warfare.
• Globalization of poverty is the result, not due to scarcity but due to the destructive expansion of the empire via privatization and deregulation.
• Financial crises is a result of the shift of resources to the military complex away from the real productive economy.  The agenda is to privatize all public assets and activities into centrally controlled corporations.  Unlike WWII, the war economy will not create jobs and bring economic well being to US citizens.  The opposite is happening.
  
• We see a slide into Fascism.  Outside of the US it looks like military and economic conquest.  Inside the country it looks like a police state via the militarization of the police force.
• 9/11 serves to justify the war on terror (war of conquest).  But this is a false cover and much like Pearl Harbor, could have been avoided and was used as an excuse to move forward with war plans.
• Dealing with the criminalization of the state.  Politicians on both sides are highly compromised and complicit in keeping the system running.  High level politicians are puppets.
  
• American citizens are uneducated and unaware of truth.  Media has failed to inform people for many reasons.  Government propaganda machine overwhelms truth that does make it out.
• Must question the legitimacy of what is behind all these plans.  Must identify the corporate interests involved including central banks, Wall St., defense industry, pharmaceutical industry, big oil, big agriculture, etc.  Must then get behind who runs these highly centralized businesses and sets their agendas.
• Watch out for dissent movements that serve to demobilize and distract the truth movement.  Manufacturing dissent is used to redirect dissent in ways that actually support the system as a whole.
• Truth is the enemy of this system.  Truth will destroy it.  Truth can be spread person to person in a grass roots movement.

Click here to view the embedded video.

Lecture: The Global Financial Crises — The Great Depression of the 21st Century with Michel Chossudovsky Causes and consequences of the financial meltdown.

• The speculative onslaught
• Financial fraud and the “bank bailouts”
• Bankruptcy of the real economy
• Impacts on employment, wages and social services
• Towards a spiralling public debt
• The economic crisis and its relationship to the Middle East war
• The centralization of corporate power
• The concentration of wealth
• The globalization of poverty
  

Click here for Part I and Part II or read below:

LEWISBURG, Tenn. — Five years ago, this small factory town was struggling to pay the interest on a bond for new sewers. Bob Phillips, Lewisburg’s part-time mayor and full-time pharmacist, was urged by the town’s financial adviser, an investment bank named Morgan Keegan & Company, to engage in a complex financial transaction to lower interest rates.

Mr. Philips was urged by an investment bank to engage in a complex financial transaction to lower interest rates…And when Lewisburg decided to go ahead with the transaction, who was there to make the deal? Morgan Keegan.

In January, local officials were shocked to discover that annual interest payments on the bond had quadrupled to $1 million.

The US Treasury, through the TARP bailout program, is the largest named potential shareholder of Regions Bank, which means that each American citizen is indirectly a shareholder. I looked at Regions Bank about a year ago. Their largest investor at that time was Deutsch Bank.

As described in its annual proxy, Regions next annual meeting of shareholders is in Birmingham on April 16th, the day after most of us file our taxes. Region’s slogans promote “going green” and community service.

Since this is all happening in the “bible belt,” I invite the pastors of all participants involved and everyone impacted by state and local financial support of Wall Street high finance, which includes most Christian congregations in Tennessee, to begin a discussion about why mortgage fraud, illegal drugs and marketing derivatives to municipalities are common in our state.

Step one may be for the municipalities in Tennessee to determine whether a proper application of disclosure laws and the theory of fraudulent inducement is a basis for successful abrogation of any and all swap contracts. Step two may be inviting Morgan Keegan and Regions Bank to leave. Step three may be cleansing state and local pension funds and reserves of providing fees and financing to Wall Street.

This Sunday we gather to celebrate our Lord’s crucifiction and resurrection. The resurrection is a reminder that anything is possible — even the miracle that we might integrate the commandment “love thy neighbor” with the practices we use to make and invest our money.

Your prayers are invited.

Part II

Morgan Keegan defended itself today against the NY Times report which we commented on yesterday, titled Liquidating Thy Neighbor – Part I.

I do agree with Morgan Keegan’s spokesman that this was a politically motivated attack. I can only guess what the particular motivation was in this case.

• For example, the New York brokerage firms and banks have a much worse record of financially raping local communities, including with derivatives. (Click here and here for JP Morgan and Morgan Stanley in Pennsylvania and here and here for JP Morgan and Morgan Keegan together in Alabama) Surely they would have a vested interest in watching a regional firm take the fall for the municipal woes overtaking our country. Firms like AIG and their law firms would certainly have access to the information they needed to package this story and hand it to the NY Times.

• As the industry consolidates, certainly competitors both global and local can benefit from the loss of market share by as institution as prominent as Regions, including subsidiary Morgan Keegan.

• What could be more politically useful as folks in Tennessee prepare their individual taxes in the face of a Washington-Wall Street engorgement of $12-14 trillion of bailouts, then their ire be turned on their neighbors?

I don’t agree with Morgan Keegan’s defense of its practices. As an investment banker who has closed more than $25 billion in transactions and advised both governments and corporations for decades, including on interest rates swaps (the transaction in question), what happened to Lewisburg, Tennessee should not have happened. But let’s set that aside. There is something much more deeply, seriously wrong here that needs to be addressed.

The important question is not why did Lewisburg use a interest rate swap deal in which it assumed the risk for a default or downgrade by the insurance provider in connection with taking on more debt. The important question is why in the world did Lewisburg take on more debt in the first place? Why did Lewisburg not shift more local capital out of Wall Street and into investment in Lewisburg?

Lewisburg, Tennessee borrowed money to fund water and sewer for economic development. Why were they borrowing for such purposes in the first place?

Typically, municipalities borrow because there is insufficient equity investment and income in the county in the first place.

The county makes a significant investment in educating and rearing young people. What happens to that investment? A few high performers head of to college on scholarships never to return. Many of the rest go to the military or, if entrapped instead into dealing drugs, to prison. The return on investment on their young? It goes to Wall Street and Washington, not to the families and community.

Despite the drain of human capital, numerous hard working members of the community build businesses and careers, live modestly and over a life time accumulate capital. Where is that capital? It is in state and local pension funds, 401k and IRA accounts, and various bank and brokerage accounts, all such as those marketed and managed by Morgan Keegan and Regions Bank.

So as Morgan Keegan and Regions Bank and their competitors attract all of this hard earned capital into their accounts, where is that investment channeled? It is channeled out of the community. It is invested through Wall Street in the stock of Citibank, JP Morgan Chase, Wal-Mart, the big defense contractors, the internet stocks, Enron and the telecoms, or, as the powers that be direct, into investments abroad.

How much of it is channeled back into equity investment in the community? Typically, none.

And so, as the human capital in the community is shipped out to Harvard, Iraq and the state penitentiary or the morgue while the equity capital in the community is shipped to Wall Street, the value of the local small business community is drained. Reinvestment into the local businesses slows to a trickle. They do not keep up with technology and globalization.

This means that the franchise businesses financed by Wall Street (including with the state and local equity) can then come in and take over the market, eating into the market share of the local businesses and putting them out of business. The local savers, turning over their capital to Wall Street through firms like Morgan Keegan, Regions and their national counterparts, are financing their own destruction. The theory, of course, is that doing so would make them money. As we have seen over the last year, that theory has not panned out particularly well.

So what happens next? Well some smart fellow from a firm like Morgan Keegan or Regions Bank comes along and proposes that to create new businesses the town should borrow money to do an industrial development park and create the water and sewer infrastructure to attract business.

Note they do not promote the idea that the town should set up an apprentice program for young people to encourage them to stay and build the local small business. They do not propose that the town should create an incubator or a local angel network to support the existing businesses and entrepreneurs. They do not propose a local venture fund with local capital that will allow consumers to enjoy the equity creation from their own purchases. They do not promote that local savings should circulate locally as equity investment. They do not promote any of those ideas. In fact, those who do promote such ideas, such as myself or Franklin Sanders find themselves under attack by the Department of Justice and unable to continue. Those who do not promote centralized control by Wall Street of the savings and capital in the community are driven out and treated like pariahs.

So the town borrows money. Now, what is the difference between equity and debt? Well, if Wall Street had invested equity in Lewisburg, Tennessee, then they would make money if Lewisburg’s projects succeeded and lose money if they failed. However, if they finance Lewisburg with debt, then they don’t need to worry about whether the project succeeds or not. They get paid either way. If Lewisburg’s economic development plans sour, the town will just have to dig deeper or raise taxes to pay the debt.

Debt bondage. Suck up their capital. Use it with rigged government deals to make you rich and hire away all their kids. Get them to borrow their own money back from you. While you are getting bailed out by the government, jack up their interest rate because something went wrong and Washington and Wall Street have no intention of fixing that derivative — just the ones that Goldman Sachs holds.

Is the problem that we need the banks to be able to lend so that we can borrow more money to get the economy going again, as President Obama says?

I think not. We need our equity and income to be rising and our debt to be falling – not vice-versa. Indeed, the time has come to speak seriously about how to shift our capital out of the same old Wall Street and Washington channels and into ways that build greater wealth for us, our children and our communities.

I have not seen this yet but the trailer basically captures the essence of the central banking financial warfare model. Enslave countries through weapons sales, wars and immense loans for various construction projects that are outsourced to American companies like Bectel and Halliburton. Destroy anyone who gets in the way.

For more information on how this model works, see post Confessions of an Economic Hitman.

This documentary is very helpful on many levels. We get to see people dealing with the aftermath of a pump and dump attack the Argentina economy by the financial warfare machine. We see pieces of their history, the players involved in indebting the country, the betrayal of the people by politicians and the pain caused to the majority of the people.

It is encouraging to see how these people have learned to cope and their fight to unite and rebuild. See the official description of the film below:

In suburban Buenos Aires, thirty unemployed auto-parts workers walk into their idle factory, roll out sleeping mats and refuse to leave.

All they want is to re-start the silent machines. But this simple act – The Take – has the power to turn the globalization debate on its head.

In the wake of Argentina’s dramatic economic collapse in 2001, Latin America’s most prosperous middle class finds itself in a ghost town of abandoned factories and mass unemployment. The Forja auto plant lies dormant until its former employees take action. They’re part of a daring new movement of workers who are occupying bankrupt businesses and creating jobs in the ruins of the failed system.

But Freddy, the president of the new worker’s co-operative, and Lalo, the political powerhouse from the Movement of Recovered Companies, know that their success is far from secure. Like every workplace occupation, they have to run the gauntlet of courts, cops and politicians who can either give their project legal protection or violently evict them from the factory.

The story of the workers’ struggle is set against the dramatic backdrop of a crucial presidential election in Argentina, in which the architect of the economic collapse, Carlos Menem, is the front-runner. His cronies, the former owners, are circling: if he wins, they’ll take back the companies that the movement has worked so hard to revive.

Armed only with slingshots and an abiding faith in shop-floor democracy, the workers face off against the bosses, bankers and a whole system that sees their beloved factories as nothing more than scrap metal for sale.

What really goes on behind global affairs? Very few people know anything about what really goes on behind the scene when it come to U.S. foreign policy and the corporate interests that drive it all.

This interview puts forward an inside perspective on the financial warfare model.  He presents that our government is controlled by powerful corporate interests that have literally hijacked the powers of government and our military to advance their own selfish agendas. This interview and presentation should totally blow your mind.

John Perkins was one of the men working behind the scenes to expand a global empire primarily through economic blackmail where they seduced third world leaders into taking out enormous loans that were impossible to repay so US corporations could swoop in and acquire control of their natural resources.