Showing posts with label Not. Show all posts
Showing posts with label Not. Show all posts

Tuesday, August 4, 2015

FBI Orwellian Cyber Police State: Citizens Not Allowed to Have Secrets

""The police and surveillance state predicted in the forward-looking 1940s classic "1984" by George Orwell, has slowly, but steadily, come to fruition. However, like a frog sitting idly in a pan of steadily-warming water, too many Americans still seem unaware that the slow boil of big government is killing their constitutional liberties.

The latest sign of this stealth takeover of civil rights and freedom was epitomized in recent Senate testimony by FBI Director James Comey, who voiced his objections to civilian use of encryption to protect personal data – information the government has no automatic right to obtain.

As reported by The New American, Comey testified that he believes the government's spy and law enforcement agencies should have unfettered access to everything Americans may store or send in electronic format: On computer hard drives, in so-called i-clouds, in email and in text messaging – for our own safety and protection. Like many in government today, Comey believes that national security is more important than constitutional privacy protections or, apparently, due process. After all, aren't criminals the only ones who really have anything to hide?

In testimony before a hearing of the Senate Judiciary Committee entitled "Going Dark: Encryption, Technology, and the Balance Between Public Safety and Privacy" Comey said that in order to stay one step ahead of terrorists, as well as international and domestic criminals, Uncle Sam's various spy and law enforcement agencies should have access to available technology used to de-encrypt protected data. Also, he believes the governmentshould be the final arbiter deciding when decryption is necessary.

What could go wrong there?

Find more articles on the police state at PoliceState.news

Government, at all levels, is responsible

During the hearing, TNA reported, technology experts warned the panel that giving the FBI limitless access to the personal electronic data of Americans would open it up to exploitation by "bad actors." But Comey was having none of that.

"It is clear that governments across the world, including those of our closest allies, recognize the serious public safety risks if criminals can plan and undertake illegal acts without fear of detection," he told the committee.

"Are we comfortable with technical design decisions that result in barriers to obtaining evidence of a crime?"
So, in essence, Comey  like many before him, especially since the global war on terror was launched – believes that, in the name of national security Americans ought to give up more of their individual and constitutional rights because that's the only way we can be adequately protected.

Perhaps realizing that his Senate hearing testimony was public, Comey gave the Constitution a passing glance, noting that the government should respect the "requirements and safeguards of the laws" and the country's founding document. However, as Americans now know, spy agencies during the past two presidential administrations have been tasked increasingly with conducting warrantless, unchecked surveillance of Americans' electronic data and communications.

But all of this is not on men like Comey and Presidents George W. Bush and Barack Obama. Congress bears its share of responsibility, too.""



Monday, August 3, 2015

Let's Be Clear Here, When You Deposit Money into a Bank, Legally it's Considered that Companies Money, Not Yours

""The world is awash with “promises”. Nearly everything we think of as having “value” is because of a promise behind it. A few examples; your bank accounts, retirement funds, bonds and even the dollar bills in your pocket. Your bank account for example, once you deposit the money it is no longer yours. You can argue this if you wish but we now know this is true for sure after recent “bail in” legislations passed throughout the west. When you deposit funds into a bank, it then becomes “their money” held for you …they “owe” it to you.
Do not take this lightly, lawmakers around the world have made this the new reality. A little known fact, in 1845 Britain passed banking law that made depositors (unsecured creditors), this is still precedent to this day. When you deposit money you “accept a liability” from your bank and are classified as an unsecured creditor. In other words, “get in line with everyone else”!
Same thing with many retirement accounts. Think about Social Security. When you get your annual statement form, it comes with an asterisk. This is to inform you they “might need to reduce benefits”. With any retirement account you are relying on the custodian to make payments to you upon retirement. Think about state and municipal retirement accounts promising the good life, they are nearly ALL underfunded. Meaning there is not enough money in there to make (promised) future payments unless some sort of magically higher returns are realized. These are underfunded by the TRILLIONS of dollars!
Bonds are an obvious asset class where a “promise” is relied on. Dollars on the other hand seem the most misunderstood by the public while being the biggest leap of faith in all asset classes. Dollars rely on the “full faith and credit” of the U.S. government (a bankrupt entity) yet the populace sleeps through the night secure knowing they own dollars. ALL non backed, fiat currencies in the past have failed. The dollar is the widest spread and widely owned fiat the world has ever known, its failure will be spectacular upon arrival!
I wanted to point out the above “promises” as a basis to speak about trust or confidence. The financial world turns on the axis of “trust”. This trust was nearly broken in 2008 and is the reason the Federal Reserve needed to secretly lend $16 trillion all over the world. If the Fed had not come up with these funds, failures would have spread and trust would have been broken amongst the banks/other financial institutions and even between the central banks themselves! The Fed’s largesse worked and trust was maintained.
Now, I believe we are set for another “test” of trust. We have gone five+ years with QE this and QE that, the reality being outright monetization. In fact, central banks today are buying more sovereign bonds than are even being issued. The public and even the professional funds have backed away from the debt markets, you can’t blame them because the interest received does not even cover inflation not to mention a risk premium. Globally the pace of trade and business activity is slowing or even declining which will bring to a head the difficulties in meeting debt service and other “promises”.
I ask, what will happen when inevitably “trust” begins to wane? Or even fully break? It is at this point the system goes into “The Great Call”. Margin call? Of course, because nearly everything financial has leverage behind it but there is more to it than this. The “call” I am speaking of is for contracts of all sorts to “perform”. In particular I am thinking “derivatives” contracts will be called on to perform their contractual duties.
All in all, there are over $1 quadrillion worth of derivatives outstanding. The problem with this is the “tail” is bigger than the dog. In other words, the amount of derivatives outstanding dwarfs the total amount of money outstanding and thus the ability to “pay” and make good on the contracts. The other side of this coin are contracts promising to deliver something. Here I am thinking both gold and silver. There are far more (100-1 or more) obligations outstanding than there are ounces or kilos available to deliver. This is a default just waiting to happen.
If you listen to the Harry Dents of the world, the dollar will be the safe haven and where all fear capital will go. In a world based on nothing but trust and promises, will fear capital really pile INTO a currency based ONLY on trust and promises …when “trust” is exactly what is come into question. Actually, it can be said the dollar was originally set up in 1971 on a “never pay” model. The dollar (and bonds) only promise to pay “more dollars” and nothing else. This game worked for many years, now it looks like the Saudis after doing many deals with both Russia and China may be set to transact in currency other than dollars. Are they displaying confidence?
The Chinese are now net sellers of U.S. Treasuries. Ask yourself this question, if China could sell all of their Treasuries and turn it all into gold, silver, oil, copper and other real tangible assets (without destroying the Treasury market or making gold and silver go no offer), would they? I say yes, they absolutely would love to be out from under their Treasury position. Apologetic others might say China is comfortable, we will soon see.
Because confidence is the only thing at this point holding the game together …and its fickle nature, it is important for you to think this through. What will be standing when confidence breaks? Can banks globally survive “runs” when depositors come calling? Can commodity exchanges deliver all they promise? Can borrowers “borrow more” if they cannot redeem past issues with new debt? This is where we are headed both systemically and globally!
Before finishing I want to tie two connected thoughts together. First, the great Paul Craig Roberts said last week he feared precious metals could be suppressed forever. I received MANY fearful e-mails regarding this thought process. Mr. Roberts would be entirely correct if it were not for one small detail, REAL gold and REAL silver must be available to deliver. Otherwise the game comes to an end and the fraud is exposed. He is entirely correct, “price” can be jammed or rammed with enough “margin” posted. Dan Norcini once upon a time had it correct when he said, nothing will unnerve the shorts more than the longs standing for delivery …and making a call for the product. I would like to remind you, COMEX currently has only 11.7 tons of gold for delivery. This is roughly $400 million. If I were short, this paltry sum would not add to my confidence.""



Tuesday, May 5, 2015

Ancient Archaeology Discoveries in History You Might Not Have Known About

1. The unfinished obelisk

For how long and complex human history is, it’s no big surprise to me that it would miss a few major places and events, right? Well we’ll help you fill in the gaps a bit.

This obelisk was recently found in Aswan, Egypt, and was ordered to be constructed by Hatshepsut in the mid 1500s BC.

The obelisk was never finished, but if it had been, it would have been Egypt’s largest. - Continue reading

2. Yonaguni Monument

It’s debated among experts whether or not this underwater monument off the coast of Japan was created naturally or by man.


It features twin obelisks that appear to have been placed there, as well as a formation above it called “the turtle.” What do you think made it? - Continue reading

3. The Stone Spheres of Costa Rica

This is quite the mystery! Not much is known about this giant spheres other than the fact that they were likely made by the Diquis people who lived from 700 to 1530 AD.


Legend has it that these spheres were originally made in Atlantis, but it’s all speculation. - Continue reading

4. The Longyou Grottoes

These tunnels found in Zhejian, China are enormous and date back as far as 212 BCE.


They are covered from floor to ceiling in precise, 60 degree angled markings. - Continue reading

5. Göbekli Tepe

This was a major find because it made scientists rethink the origins of human society.


It was found near a mountaintop in turkey and predates agriculture, which indicates that primitive religion may have been what originally brought civilization together, not commerce. This monument dates back to 10,000 BCE. - Continue reading

6. Boheno-Daro

This interesting ancient city, built in 2600 BCE in what is now Pakistan, is one of the earliest examples of city planning. This town contains roads and a drainage system that worked like a sewer.

7. Saksaywaman

Saksaywaman is a fortress outside of Cusco, Peru – the former capital of the Incan nation.


These giant rocks are fitted tightly together. Hundreds of years later, you can’t even fit a piece of paper through them. Now that’s tight! - Continue reading

8. L’Anse aux Meadows

This settlement in North America is believed to have been built by the Vikings 500 years before Columbus discovered the continent for the European empire.


It’s incredible to think that vikings made it all the way to North America from their home in Northern Europe.



By Higher Perspective


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