Essential Quotes

I have sworn on the altar of God eternal hostility against every form of tyranny over the mind of man.
Thomas Jefferson

Wednesday, May 27, 2009

Axioms

"Great spirits have always encountered violent opposition from mediocre minds."

~~~~Albert Einstein

Friday, May 22, 2009

Telepathy

DEPARTMENT OF THE NAVY
OFFICE OF THE SECRETARY
SECNAVINST 3900.39D
3 November 2006
Taken from page 9.

"(2) The Under Secretary of the Navy (UNSECNAV) is the Approval Authority for research involving: (a) Severe or unusual intrusions, either physical or psychological, on human subjects (such as consciousness-altering drugs or mind-control techniques)."

Published May 14, 2009 in Wired Magazine a very important article:

Danger Room What's Next in National Security
Pentagon Preps Soldier Telepathy Push

"Forget the battlefield radios, the combat PDAs or even infantry hand signals. When the soldiers of the future want to communicate, they'll read each other's minds.

At least, that's the hope of researchers at the Pentagon's mad-science division Darpa. The agency's budget for the next fiscal year includes $4 million to start up a program called Silent Talk. The goal is to "allow user-to-user communication on the battlefield without the use of vocalized speech through analysis of neural signals." That's on top of the $4 million the Army handed out last year to the University of California to investigate the potential for computer-mediated telepathy.

Before being vocalized, speech exists as word-specific neural signals in the mind. Darpa wants to develop technology that would detect these signals of "pre-speech," analyze them, and then transmit the statement to an intended interlocutor. Darpa plans to use EEG to read the brain waves. It's a technique they're also testing in a project to devise mind-reading binoculars that alert soldiers to threats faster the conscious mind can process them.

The project has three major goals, according to Darpa. First, try to map a person's EEG patterns to his or her individual words. Then, see if those patterns are generalizable - if everyone has similar patterns. Last, "construct a fieldable pre-prototype that would decode the signal and transmit over a limited range."

The military has been funding a handful of mind-tapping technology recently, and already have monkeys capable of telepathic limb control. Telepathy may also have advantages beyond covert battlefield chatter. Last year, the National Research Council and the Defense Intelligence Agency released a report suggesting that neuroscience might also be useful to "make the enemy obey our commands." The first step, though, may be getting a grunt to obey his officer's remotely-transmitted thoughts."

The material below was taken from our book Earth Rising the Revolution - Toward a Thousand Years of Peace. It was a pre 9-11 expose on what was to come and it is now here!

In "a dramatic demonstration of mind reading, neuroscientists have created videos of what a cat sees by using electrodes implanted in the animal's brain. 'Trying to understand how the brain codes information leads to the possibility of replacing parts of the nervous system with an artificial device,' he said." The scientist commenting on this technology saw the future possibility of brain activity mapping being used in creating electronic components to replace damaged parts of the system. The use of mind mapping had other possibilities as well. Similar research was pursued by Dr. José Delgado at one of the country's leading research institutions in controlling the behavior of humans and animals. Actual testing of certain systems proved "that movements, sensations, emotions, desires, ideas, and a variety of psychological phenomena may be induced, inhibited, or modified by electrical stimulation of specific areas of the brain." By 1985, Dr. Delgado was able to create these effects using only a radio signal sent to the brain remotely, using energy concentrations of less than 1/50th of what the Earth naturally produces. This discovery implied that frequency, waveform and pulse rate (modulation) were the important factors rather than the amount of energy being used. In considering this it makes sense because the human body does not require high electromagnetic power concentration to regulate its normal functioning - the key was in finding the "tuning" mechanisms for locating the right "receiving station" in the brain.

By 1998, publicly released information was being discussed as a result of information openly flowing out of Russia. A meeting was held to assess the threat: the "main purpose of the March meetings was described in the Psychotechnologies memo as to 'determine whether psycho-correction technologies represent a present or future threat to U.S. national security in situations where inaudible commands might be used to alter behavior.'" The threat assessment was likely to begin to condition Americans for the pubic acknowledgement of one of the government's long held secrets - the human mind and body could be controlled remotely without a trace of evidence being left behind. In another quote, one of the leading researchers in this area began to announce his findings: "But psychological-warfare experts on all sides still dream that they will one day control the enemy's mind. And in a tiny, dungeon like lab in the basement of Moscow's ominously named Institute of Psycho-Correction, Smirnov and other Russian psychiatrists are already working on schizophrenics, drug addicts and cancer patients." The results of this research have been investigated and demonstrated to members of the intelligence community in the United States and have even been demonstrated on a Canadian television documentary by Dr. Smirnov.

"Fantasies are thought processes involving internal monologues and imaginative sequences which can motivate healthy people to constructive behavior; likewise, they can inspire unbalanced individuals to destructive or dangerous behavior. One conclusion from that research was that fantasy played a major role among violent criminals. Researchers learned that criminals often daydreamed their fantasies, and then practiced elements of those fantasies before committing their crime. FBI agents determined that violent criminals often exhibit telltale signs as children and as adults. Hence, disturbed employees or students may demonstrate signs of violent fantasies to close observers. Troubled individuals may be obsessively interested in music with violent lyrics, or may have a drug or alcohol problem. When these signs reveal themselves, they should be reported to a threat management team, which can then neutralize the threat, either by therapy, if rehabilitation is possible, or by firing the employee. Workplace and school violence is usually preceded by warning signs." This issue is also an interesting one as the next chapter will show. The ability to determine a "predisposition" for a behavior does not mean that a person will make the "choice" to act on the feelings and internal thoughts. Every person on the planet can remember times when his thoughts were dangerous, immoral or otherwise un-acceptable, falling below the standards set by societal and cultural "norms." Yet, we could have these thoughts in the privacy of our own mind. The trend in the application of mind control technology now would make our most private internal thoughts, as we wrestle with the temptations and choices of everyday life, subject to scrutiny by government and employers. Who will define the rules for psycho-correction? Who will decide what is ethical and right in this area as it develops over the next decade?

Go Here Now: http://www.earthpulse.com/default.asp

Tuesday, May 12, 2009

Secrecy Is Repugnant

The very word "secrecy" is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings. We decided long ago that the dangers of excessive and unwarranted concealment of pertinent facts far outweighed the dangers which are cited to justify it. Even today, there is little value in opposing the threat of a closed society by imitating its arbitrary restrictions. Even today, there is little value in insuring the survival of our nation if our traditions do not survive with it. And there is very grave danger that an announced need for increased security will be seized upon by those anxious to expand its meaning to the very limits of official censorship and concealment. That I do not intend to permit to the extent that it is in my control. And no official of my Administration, whether his rank is high or low, civilian or military, should interpret my words here tonight as an excuse to censor the news, to stifle dissent, to cover up our mistakes or to withhold from the press and the public the facts they deserve to know.

~~~JFK

See speech here:

http://www.youtube.com/watch?v=0s2xyzcqIbQ&feature=related

Wednesday, May 06, 2009

Bravery

"It is perfectly possible for a man to be out of prison, and yet not free - to be under no physical constraint and yet to be a psychological captive, compelled to think, feel and act as the representatives of the national state, or of some private interest within the nation, wants him to think, feel and act.

"The nature of psychological compulsion is such that those who act under constraint remain under the impression that they are acting on their own initiative. The victim of mind-manipulation does not know that he is a victim. To him the walls of his prison are invisible, and he believes himself to be free. That he is not free is apparent only to other people. His servitude is strictly objective."


~~~Brave New World Revisited, Aldous Huxley, 1958

Tuesday, April 21, 2009

In The Light

“We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light.”

~~~ Plato

Thermite

April 14, 2009 "Information Clearing House" -- -A recent article published in the respected peer-reviewed Open Chemical Physics Journal by nine noted scientists offers incontrovertible proof that the dust from the Twin Towers and Building Seven of the World Trade Center contains small intact samples of Thermite.

Thermite is a highly explosive agent consisting mostly of aluminum and iron oxide, and is used to cut steel in building controlled demolitions, and is also used in welding and in military applications.

Using optical microscopy, scanning electron microscopy, X-ray energy dispersive spectroscopy, and differential scanning calorimetry, the scientists were able to determine that the Thermite present is of a specialized type called Nano-thermite or Superthermite. It burns hotter and has a lower ignition temperature than normal Thermite, and is produced at laboratories such as Lawrence Livermore, incidentally thought to be the same lab that produced the anthrax sent out shortly after 9/11.

Nano-thermite could not be accidentally present in dust samples collected at four different sites, nor could it be the result of clean-up operations at ground zero, as one of the samples was retrieved a mere ten minutes or so after the collapse of the second tower. All samples show the same consistency.

This would explain the streams of molten steel (not aluminum) falling from one of the towers, and the fact that steel remained molten in the rubble for more than a month after the event. There is no scientific explanation for this other than the use of Thermite, which can achieve temperatures of 3500 C, while under ideal conditions jet fuel can achieve just approximately 285 C. It would also explain the otherwise physically impossible near freefall speed of the three buildings, and how they were able to fall so homogeneously.

Here Now: http://informationclearinghouse.info/article22408.htm

Basel2

The Tower of Basel: Secretive Plans for the Issuing of a Global Currency

“The world is a step closer to a global currency, backed by a global central bank, running monetary policy for all humanity.”

Go Here: http://www.globalresearch.ca/index.php?context=va&aid=13239

Wednesday, April 08, 2009

Project Camelot Interviews David Icke

'David's unflinching and remarkable commitment to his cause has made life far easier for many who have come after him - including ourselves. We owe him our own vote of thanks, and in this two hour FutureTalk we pay tribute to his life's work, and to the man who is still standing after all these years, still marching on that road less traveled, determined to present what he suspects is the truth, whatever it is.'

See It Here Now: http://www.davidicke.com/content/view/21844

Fusion Centers

Virginia Fusion Center Releases “Homegrown Terrorism” Document

If you thought the MAIC Report was bad, well here is the Mother Load from the Lovers State. Get a complete copy of the PDF ASAP and distribute it widely.

Go Here Now: http://www.infowars.com/virginia-fusion-center-releases-homegrown-terrorism-document/

Saturday, April 04, 2009

Marrs

Currently reading The Rise of the Fourth Reich: The Secret Societies That Threaten to Take Over America by Jim Marrs. Totally mind blowing and must reading. Anybody targeted with Electromagnetic Energy will be interested in this material because they know this technology is possible and much more.

US Electromagnetic Weapons and Human Rights
A Study of the History of US Intelligence Community Human Rights Violations & Continuing Research in Electromagnetic Weapons
by Peter Phillips and Lew Brown and Bridget Thornton
Get the full text PDF here:

http://www.globalresearch.ca/index.php?context=va&aid=9524

Thursday, March 19, 2009

Preparing for Civil Unrest in America

By Michel Chossudovsky

The Economic and Social Crisis

The financial meltdown has unleashed a latent and emergent social crisis across the United States.

What is at stake is the fraudulent confiscation of lifelong savings and pension funds, the appropriation of tax revenues to finance the trillion dollar "bank bailouts", which ultimately serve to line the pockets of the richest people in America.

This economic crisis is in large part the result of financial manipulation and outright fraud to the detriment of entire populations, to a renewed wave of corporate bankruptcies, mass unemployment and poverty.

The criminalization of the global financial system, characterized by a "Shadow Banking" network has resulted in the centralization of bank power and an unprecedented concentration of private wealth.

Obama's "economic stimulus" package and budget proposals contribute to a further process of concentration and centralization of bank power, the cumulative effects of which will eventually resul in large scale corporate, bankruptcies, a new wave of foreclosures not to mention fiscal collapse and the downfall of State social programs. (For further details see Michel Chossudovsky, America's Fiscal Collapse, Global Research, March 2, 2009).

The cumulative decline of real economic activity backlashes on employment and wages, which in turn leads to a collapse in purchaisng power. The proposed "solution" under the Obama administration contributes to exacerbating rather than alleviating social inequalities and the process of wealth concentration.

Go Here For The Legislation:

http://www.globalresearch.ca/index.php?context=va&aid=12793

T.J. on Tyranny

"Educate and inform the whole mass of the people... They are the only sure reliance for the preservation of our liberty."

"Enlighten the people generally, and tyranny and oppressions of body and mind will vanish like evil spirits at the dawn of day."

~~~Thomas Jefferson

Sunday, March 15, 2009

The Obama Deception

Damon R.-W.
RiseUpRochester
March 15, 2009

Alex Jones, for those who don’t know, is the self-described “tip of the spear” in the Infowar. Jones is a nationally-syndicated radio host with a daily listening audience in the hundreds of thousands and he has directed and produced over 20 documentary films. The most recent film, The Obama Deception, could in time be remembered as one of the most important films in our history. The movie is indicative of being rush-released, which it clearly was. Timing is everything. Mr Jones knew what he was doing in getting this film out to the masses fast and I would venture is evidence of its critical timeliness at this moment in history. Never have so many people been so tantalizingly close to waking up their fellow man to the realities of the world we live in. This film may be the one to finally do that.

Barack Obama, despite what the Madison Avenue spin doctors try to tell/sell us, is not the ONE. I think Alex Jones and his film The Obama Deception might just be the ONE. The title of this film is slightly misleading because it is not a film about Obama per se, his questionable character, or even the legitimacy of his presidency in light of the questions surrounding the true origin of his birth. It does cover some of his campaign messages/promises and his subsequent reversals upon assuming office. Notably he has shirked on his commitment to withdrawal the troops from Iraq and also not to appoint lobbyists to his cabinet.

Though Obama gets top billing in this movie the film isn’t that much about our spruce pack-a-day new Prez. What it breaks down is the false left-right paradigm, the military industrial owned and therefore controlled mainstream media and the unholy alliance between the Federal Government and the private offshore banking cartel that is the Federal Reserve. The Federal Reserve is the crack dealing money machine to the Federal Government which has been an addict of fiat money since 1913 when Woodrow Wilson sold our country out to the Wall Street den of vipers and thieves. This is the film that will finally get people to understand that there is a shadow government behind the puppet government. It is run by the Rothschild-Rockefeller-British & Dutch Royal Family and assorted Bilderberg cohorts. This is the Anglo-American Empire exposed and Jones does better in exposing the great lie in The Obama Deception than any other film on the subject to date, even his own earlier films.

Get The Film Now:

http://www.infowars.com/review-the-obama-deception-by-alex-jones/
http://www.obamadeception.net/

Friday, March 13, 2009

Behold A Pale Horse

"One basic truth can be used as a foundation for a mountain of lies, and if we dig down deep enough in the mountain of lies, and bring out that truth, to set it on top of the mountain of lies; the entire mountain of lies will crumble under the weight of that one truth, and there is nothing more devastating to a structure of lies than the revelation of the truth upon which the structure of lies was built, because the shock waves of the revelation of the truth reverberate, and continue to reverberate throughout the Earth for generations to follow, awakening even those people who had no desire to be awakened to the truth."

~~~Delamer Duverus

Oath Keepers

"The time is now near at hand which must probably determine, whether Americans are to be, Freemen, or Slaves; whether they are to have any property they can call their own; whether their Houses, and Farms, are to be pillaged and destroyed, and they consigned to a State of Wretchedness from which no human efforts will probably deliver them. The fate of unborn Millions will now depend, under God, on the Courage and Conduct of this army"

~~~ Gen. George Washington, to his troops before the battle of Long Island

OATH KEEPERS: ORDERS WE WILL NOT OBEY

1. We will NOT obey orders to disarm the American people.

2. We will NOT obey orders to conduct warrantless searches of the American people

3. We will NOT obey orders to detain American citizens as “unlawful enemy combatants” or to subject them to military tribunal.

4. We will NOT obey orders to impose martial law or a “state of emergency” on a state.

5. We will NOT obey orders to invade and subjugate any state that asserts its sovereignty.

6. We will NOT obey any order to blockade American cities, thus turning them into giant concentration camps.

7. We will NOT obey any order to force American citizens into any form of detention camps under any pretext.

8. We will NOT obey orders to assist or support the use of any foreign troops on U.S. soil against the American people to “keep the peace” or to “maintain control.”

9. We will NOT obey any orders to confiscate the property of the American people, including food and other essential supplies.

10.We will NOT obey any orders which infringe on the right of the people to free speech, to peaceably assemble, and to petition their government for a redress of grievances.

Must See Website for Police and Military:

http://www.oath-keepers.blogspot.com/

Police Trained Nationwide That Informed Americans Are Domestic Terrorists

A secret report distributed by the Missouri Information Analysis Center lists Ron Paul supporters, libertarians, people who display bumper stickers, people who own gold, or even people who fly a U.S. flag and equates them with radical race hate groups and terrorists. This is merely the latest example in an alarming trend which confirms that law enforcement across the country is being trained that American citizens are a dangerous enemy.

A copy of the MIAC report was sent to us by an anonymous Missouri police officer who was concerned by its content.

Perhaps due to the outlandish and shocking nature of the document, some people are still having difficulty believing it is real. Unfortunately, we have confirmed that it’s 100 per cent genuine. We spoke with Capt Hull at the Missouri State Highway Patrol who told us that the MIAC Strategic Report is a part “normal operation for officers” to receive these periodic reports for “safety purposes and to track trends or changes”. Hull added that the report was for the purposes of training their officers.

We also spoke to Lt. John Hotz who, along with Capt Hull, declined to appear on The Alex Jones Show to talk about the document.

Go Here, See Videos:

http://www.infowars.com/police-trained-nationwide-that-informed-americans-are-domestic-terrorists/

Thursday, March 12, 2009

Secret State Police Report: Ron Paul, Bob Barr, Chuck Baldwin, Libertarians are Terrorists

Kurt Nimmo
Infowars
March 11, 2009

Alex Jones has received a secret report distributed by the Missouri Information Analysis Center (MIAC) entitled “The Modern Militia Movement” and dated February 20, 2009. A footer on the document indicates it is “unclassified” but “law enforcement sensitive,” in other words not for public consumption. A copy of the report was sent to Jones by an anonymous Missouri police officer.

The MIAC report specifically describes supporters of presidential candidates Ron Paul, Chuck Baldwin, and Bob Barr as “militia” influenced terrorists and instructs the Missouri police to be on the lookout for supporters displaying bumper stickers and other paraphernalia associated with the Constitutional, Campaign for Liberty, and Libertarian parties.

“Missouri Information Analysis Center (MIAC) provides a public safety partnership consisting of local, state and federal agencies, as well as the public sector and private entities that will collect, evaluate, analyze, and disseminate information and intelligence to the agencies tasked with Homeland Security responsibilities in a timely, effective, and secure manner,” explains the MIAC website. “MIAC is the mechanism to collect incident reports of suspicious activities to be evaluated and analyzed in an effort to identify potential trends or patterns of terrorist or criminal operations within the state of Missouri. MIAC will also function as a vehicle for two-way communication between federal, state and local law enforcement community within our region.”

MIAC is part of the federal “fusion” effort now underway around the country. “As of February 2009, there were 58 fusion centers around the country. The Department has deployed 31 officers as of December 2008 and plans to have 70 professionals deployed by the end of 2009. The Department has provided more than $254 million from FY 2004-2007 to state and local governments to support the centers,” explains the Department of Homeland Security on its website. Missouri is mentioned as a participant in this federal “intelligence” effort.

Last month, the ACLU issued a news release highlighting the activity of a fusion center in Texas as the “latest example of inappropriate police intelligence operations targeting political, religious and social activists for investigation,” in particular “Muslim civil rights organizations and anti-war protest groups.”

The MIAC report does not concentrate on Muslim terrorists, but rather on the so-called “militia movement” and conflates it with supporters of Ron Paul, Chuck Baldwin, Bob Barr, the so-called patriot movement and other political activist organizations opposed to the North American Union and the New World Order. The MIAC document is a classic guilt by association effort designed to demonize legitimate political activity that stands in opposition to the New World Order and its newly enshrined front man, Barack Obama.

In September of 2008, Missouri sheriffs and prosecutors organized truth squads to intimidate people opposed to Obama and threatened to arrest and prosecute anybody who ran “misleading television ads.” Missouri governor Matt Blunt eventually denounced the use of “police state tactics” on the part of the Obama-Biden campaign.

MIAC claims members of a “rightwing” militia movement organized in the 1990s — generally in response to the Oklahoma City bombing and the events at Waco — “continuously exploit world events in order to increase participation in their movements. Due to the current economical and political situation, a lush environment for militia activity has been created” and supposedly exploited by “constitutionalists” and “white supremacists,” the latter an oft-employed canard used to demonize activists as dangerous and potentially violent lunatics.

MIAC notes many of the political issues cited by the so-called patriot movement — the Ammunition Accountability Act, the impending economic collapse of the government, the possibility of a constitutional convention, the North American Union, Obama’s “Universal Service Program,” and the implementation of RFID, issues that are not limited to the patriot movement but are shared by a wide array of political activists.

The MIAC document includes a map of the North American Union not dissimilar from one released by NASCO, the North America SuperCorridor Coalition (see the NASCO map here).

The MIAC report is similar to one created by the Phoenix Federal Bureau of Investigation and the Joint Terrorism Task Force during the Clinton administration (see page one and page two of the document). The FBI document explicitly designates “defenders” of the Constitution as “right-wing extremists.” The MIAC report expands significantly on the earlier document.

In order to artificially heighten the perceived threat threshold, MIAC rolls in Christian Identity, white nationalism, “militant” anti-abortion activists, opposition to illegal immigration, and income tax resistance. MIAC deceptively blurs the lines between these disparate political ideologies and underscores the possibility for violence in a summary of the organizational structure of the militia movement and a section describing how members strive to train in “combat readiness.”

The MIAC effort to characterize Libertarians and Constitutionalists as racists is reminiscent of an attempt by the corporate media in early 2008 to portray Ron Paul as a racist by attempting to link him to a series of vaguely racist newsletters produced in the 1980s. Paul did not exercise editorial control over the newsletters and went so far as to apologize for them, but this did not prevent the corporate media from characterizing him as a racist.

According to MIAC, opposition to world government, NAFTA, federalization of the states, and restrictive gun laws are a threat to the police. “The militia subscribes to an anti-government and NWO mindset, which creates a threat to law enforcement officers. They view the military, National Guard, and law enforcement as a force that will confiscate their firearms and place them in FEMA concentration camps,” the document claims in a section entitled “You are the Enemy.”

In regard to supposed militia movement literature and media, the MIAC report mentions Aaron Russo’s America: Freedom to Fascism and William Luther Pierce’s The Turner Diaries — the latter was penned by the former leader of the white nationalist organization National Alliance and the former by a Libertarian filmmaker. In order to underscore the absurdity of the MIAC attempt to link Pierce’s novel and Russo’s anti-tax documentary, it should be noted that the late Aaron Russo was Jewish and The Turner Dairies posits a Zionist government in America (or ZOG, the Zionist Occupation Government) run by Jews.

The award-winning film Zeitgeist, featuring Alex Jones, is also mentioned as terrorist material.

The MIAC report is particularly pernicious because it indoctrinates Missouri law enforcement in the belief that people who oppose confiscatory taxation, believe in the well-documented existence of a New World Order and world government (a Google search of this phrase will pull up numerous references made by scores of establishment political leaders), and are opposed to the obvious expansion of the federal government at the expense of the states as violent extremists who are gunning for the police. It specifically targets supporters of mainstream political candidates and encourages police officers to consider them dangerous terrorists.

MIAC is attempting to radicalize the police against political activity guaranteed by the U.S. Constitution and the Bill of Rights. If Missouri police indoctrinated by MIAC propaganda overreact to political activists and supporters of Ron Paul in their state and injure or kill people involved in entirely legal and legitimate political activity, MIAC, the governor of Missouri (his name appears on the MIAC document), and the DHS and federal government should be held directly responsible and prosecuted the fullest extent of the law.

Read Now: http://www.infowars.com/secret-state-police-report-ron-paul-bob-barr-chuck-baldwin-libertarians-are-terrorists/

Download: Thumbnail documents of the MIAC Strategic Report.

Wednesday, March 11, 2009

The ACT

Congressman Charles August Lindbergh, Sr., father of the historic aviator, said on the floor of the Congress:

“This Act establishes the most gigantic trust on Earth ... When the President signs this Act, the invisible government by the Money Power, proven to exist by the Money Trust investigation, will be legalized ... This is the Aldrich Bill in disguise ... The new law will create inflation whenever the Trusts want inflation ... From now on, depressions will be scientifically created ... The worst legislative crime of the ages is perpetrated by this banking and currency bill.”

Lindbergh supposedly paid for his opposition to the IIluminati. When there appeared to be growing support for his son Charles to run for the Presidency, his grandson was kidnapped, and apparently killed.

The Federal Reserve Act

Thursday, March 05, 2009

Playing the Banking Game

How Cash Starved States can Create their Own Credit

By Ellen Brown

Global Research, March 3, 2009
webofdebt.com


“He that will not apply new remedies must expect new evils; for time is the greatest innovator.”

~~~ Francis Bacon

On February 19, 2009, California narrowly escaped bankruptcy, when Governor Arnold Schwarzenneger put on his Terminator hat and held the state senate in lockdown mode until they signed a very controversial budget.1 If the vote had failed, the state was going to be reduced to paying its employees in I.O.U.s. California avoided bankruptcy for the time being, but 46 of 50 states are insolvent and could be filing Chapter 9 bankruptcy proceedings in the next two years.2

One of the four states that is not insolvent is an unlikely candidate for the distinction – North Dakota. As Michigan management consultant Charles Fleetham observed last month in an article distributed to his local media:

“North Dakota is a sparsely populated state of less than 700,000, known for cold weather, isolated farmers and a hit movie – Fargo. Yet, for some reason it defies the real estate cliché of location, location, location. Since 2000, the state’s GNP has grown 56%, personal income has grown 43%, and wages have grown 34%. This year the state has a budget surplus of $1.2 billion!”

What does the State of North Dakota have that other states don’t? The answer seems to be: its own bank. In fact, North Dakota has the only state-owned bank in the nation. The state legislature established the Bank of North Dakota in 1919. Fleetham writes that the bank was set up to free farmers and small businessmen from the clutches of out-of-state bankers and railroad men. By law, the state must deposit all its funds in the bank, and the state guarantees its deposits. Three elected officials oversee the bank: the governor, the attorney general, and the commissioner of agriculture. The bank’s stated mission is to deliver sound financial services that promote agriculture, commerce and industry in North Dakota. The bank operates as a bankers’ bank, partnering with private banks to loan money to farmers, real estate developers, schools and small businesses. It loans money to students (over 184,000 outstanding loans), and it purchases municipal bonds from public institutions.

Still, you may ask, how does that solve the solvency problem? Isn’t the state still limited to spending only the money it has? The answer is no. Certified, card-carrying bankers are allowed to do something nobody else can do: they can create “credit” with accounting entries on their books.

Read Now: http://www.globalresearch.ca/index.php?context=va&aid=12522

Endurance

“Find out just what the people will submit to and you will have found out the exact amount of injustice and wrong which will be imposed upon them; and these will continue until they are resisted with either words or blows, or both. The limits of tyrants are prescribed by the endurance of those whom they oppress.”

~~~ Frederick Douglas