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The Greatest Financial Conspiracy In American History

Dave Hodges

The Common Sense Show

There is a conspiracy being perpetrated against the American people with regard to the true nature of America’s financial situation. To most people, America appears to be on her last economic legs and the future looks hopeless. On the other hand, America has never been wealthier. However, the wealth has been horded and hidden from the American people.

This article exposes why the central bankers and the corporate controlled media are attempting to make it appear as America is dead broke with no hope of recovery. The central bankers, through the government, have indeed hijacked and are hording and hiding substantial assets as they are planning to take the surface economy down as early as this fall/winter. The globalist strategy consists of convincing the people, in advance of the collapse, that there is no hope of economic recovery. Under this scenario, the perpetrators of the collapse will meet with less direct resistance, both in the collapse phase and in the recovery phase in which we will all witness the establishment of a world government and a one world economic system.

Which side is correct? Are we broke or do we have substantial hidden assets? Both sides are correct. The visible economy, which is obvious to all (e.g. the health of the fiat currency, the unemployment rate, national GDP relative to the planet’s GDP), clearly indicates that a collapse is imminent. However, there is also substantial wealth that is being horded on behalf of the banks and corporations by their governmental partners, which could make a significant difference in the health of our economy. The wealth is substantial and has successfully been hidden from most Americans

The Case for a Looming Economic Collapse

The undoing of the America currency has been a century in the making. In 1913, the most evil organization on the earth was created by an unconscionable act of Congress with the creation of the Federal Reserve. The United States national debt is more than 5000 times larger than it was when the Federal Reserve was first created, and this fact has served to turn nearly all of us into debt slaves with each of us vulnerable to the manipulation of the global elite.

The bankers who helped to create the Federal Reserve intended to permanently enslave the U.S. government to a perpetually expanding spiral of debt, and their plan has worked and their final victory is nearly at hand.

Boston University economist Laurence Kotlikoff, stated that the U.S. government is facing a “present value difference between projected future spending and revenue” of 222 trillion dollars in the years ahead. Where are we going to come up with 222 trillion dollars? The short answer is that we won’t under the existing set of economic rules that we are forced to live under.

In 2001, the United States represented 31.8 percent of the world’s economic activity.  By the end of 2011, that share had dropped to 21.6% in 2011, which means that America’s portion of the world’s economy is 32% smaller than it was a decade ago and it is declining more with each passing day. With economic indicators such as these, there is no way to climb out of the economic hole we have entered courtesy of the globalist inspired free-trade agreements (i.e. NAFTA, CAFTA and now the MEFTA, AFTA and the TPP). With these kinds of economic indicators, more Americans will be competing for a smaller number of jobs which are significantly declining in pay.

Over one hundred million unemployed Americans are no longer even looking for work. The next time you go into the Department of Motor Vehicles, please realize that you are subsidizing a drivers license for about a third of the people in that building. You are also paying for their health care, food stamps and shelter. And many of these lower class, poverty-stricken “Americans” are living a higher standard of living than you are and this is by design courtesy of Chairman Obama.

It Does Not Pay to Go to Work

Wayne Emmerich found that the family breadwinner who works only one week a month at minimum wage makes 92% as much as the breadwinner grossing $60,000 a year. Emmerich’s stats demonstrate that by working only one week a month one can save a lot of money in child care expense. But topping the list is Medicaid, which is accessible to minimum wage earners and the program has very low deductibles and co-pays. In short, by working only one week a month at a minimum wage job, a minimum wage earner is able to get total medical coverage for next to nothing courtesy of you and me.

The middle class is not as lucky as the $60,000 breadwinner pays out approximately $12,000 per year in health insurance costs with an addition $4,500 in co-pays. And if anyone in the part-time minimum wage earning family is disabled, SSI pays out an additional $8,088 per year. When one begins to calculate the expenses incurred by a typical breadwinner making $60,000 per year, compared to the part time minimum wage worker, coupled with minimum wage earners tax supported federal bailouts for these freeloaders, the poor have more discretionary income than those who pay the taxes that run the country. And if the part time minimum wage worker is willing to cheat and participate in the underground economy, they will have significantly more discretionary income than their hard-working $60,000 per year counterpart who actually works for a living. In short, if you are a full-time employee making above minimum wage, you are paying for your own economic demise. The numbers here suggest that we’d be better off staying home and living off of the labors of what’s left of the middle class and of course this would help to collapse the economy.

Unbearable Taxes Are Leading to Record Expatriation Rates

Overwhelmingly, the number one reason that Americans are fleeing the country is because of high taxes. The income tax rate rose this year to 39.6% from 35% for individuals earning more than $400,000 a year and married couples earning more than $450,000. As of this year, 77% of Americans will pay higher federal tax rates because the cuts in Social Security payroll taxes expired when Congress passed its tax package on New Year’s Day. The Tax Policy Center estimates that those who earn more than $1 million would pay an average of $170,341 more in taxes. The tax burden is adding crushing weight to a beleaguered upper and middle class America.

Hiding and Hording Massive Assets That Could Rescue the Country’s Economy

Americans are lamenting the fact that our budget deficit is now over $17 trillion dollars. Our national debt and deficit is a drop in the bucket compared to the assets that our government controls. However, far beneath the ground, the federal government owns the rights to mineral and energy leases, from which they receive royalties, rents, and bonus payment, states the Institute for Energy Research, an industry group. According to their estimates, government states that the assets are worth $128 trillion. That’s almost eight times the national debt. This is a hard asset which could be collateralized and matched against the deficit.

“These resources could be leased to third parties and could subsequently earn the state and national government huge royalties, rents, and bonus payments that it is estimated could total almost $150 billion over 10 years, just for the oil and gas leases alone.” Then why isn’t this being done? Simple, ask yourself who would lose money if these idle assets were to brought to fruition? The oil companies would lose money, that’s who! The same oil companies that block oil drilling on the North Shore of Alaska. The same oil companies who preserve the existing relationship with Middle Eastern nations, which someday, will pull us into a devastating world war with Syria and Iran.

Further, the unleashing of these assets would reduce the costs of energy for consumers and businesses. Now, the owners of the utilities, the same people who are the owners of the oil companies, could not permit that. The utilities have invested billions toward the installation of smart meters and a new infrastructure smart grid, in which they control all energy pricing.

Another factor that comes into play on why these assets are not being unleashed is because plentiful, reliable and cheap energy supplies would greatly accelerate economic growth and jump start the economy out of the doldrums. But when the globalists’ goal is the creation of a one world economic system, based upon keeping nations in debt, controlled by a tyrannical one world government, the old government and economy must be brought down and this economic boon to the economy cannot be allowed to transpire. Therefore, the government acts as a procurement agent for the globalists, who will eventually unleash these assets to themselves, after the collapse of the dollar.

CAFR’S the Source of Untold Wealth

For over a decade, accountant Walter Burien, has been trying to raise public consciousness over what he says is a massive conspiracy, totaling trillions of dollars. The conspiracy, Burien says, is one in which governments at all levels have hidden away funds in a practice commonly called CAFR’s. Burien’s numbers may be questioned, but there can be no doubt that significant hidden funds clearly exist. The existence of CAFR’s are evidenced by the existence of the Comprehensive Annual Financial Reports (CAFRs). CAFR’s are a required aspect of every government agency accounting practices. Therefore, the existence of this underground slush fund is a matter of public record.

The subject of CAFR’s first came to light when Colonel Gerald Klatt alerted Burien to their existence. Coincidentally, Klatt died under very mysterious circumstances, in 2004, which lent credence to the claim that there was a conspiracy to cover up the scope and true nature of CAFR’s. Just what is a CAFR and how does it explain how the American are being lied to about how much money truly exists within the control of the government?

To help you understand the nature and process of CAFR’s, let’s pretend that you were to have a checking account with $100 and a savings account with $1,000 in two different banks. Let’s further imagine that you only reported to the IRS, that you only had $100 dollars as your net worth because you don’t want to use your savings account to pay bills (i.e. taxpayer obligations). Subsequently, you’d be audited and put in a federal prison for failure to report the larger amount. However, the government grants itself permission to play by its own rules and to make up the CAFR rules as they go along. The government, as described in the above example, simply designatesthat it has two accounts (i.e. the $100 account and the $1,000 (CAFR) savings account). However, the larger CAFR account is designated as “non-governmental” or “non-taxpayer” income and this allows the government to hide all of this wealth from the people as reported in the government’s Budget Report. In this economic scenario, only the smaller account is the one that gets declared. And the reason that governments continue to engage in this shady practice, is that they want to be able to justify the taking of a greater portion of your income through increased taxation. I call this highway robbery. As an aside, have you noticed that many counties are building monumental justice centers which defy description of where the funds came from given the present state of economic affairs. These centers are being built with CAFR’s which are monetized in a variety of ways.

The subject of CAFR’s is something that has come into my life with an explosion. In Maricopa County (greater Phoenix area), former county attorney, Andrew Thomas, was disbarred eighteen months ago. A three-member panel found that former County Attorney Andrew Thomas violated the professional rules of conduct for lawyers in bringing criminal charges against two county officials and a judge in December 2009. What gets lost in the media reporting of Thomas sudden departure from office and his disbarment is why Thomas was prosecuting two county officials, County Supervisors Dan Stapely and Mary Rose Wilcox as well as Superior Court Judge Gary Donahoe. Thomas initiated the investigation with allegations of financial wrong doing on the part of the three individuals. The second phase of his investigation was to attack the use of off the books funds (i.e. CAFR’s).Thomas was gone from office before phase two of his legal action could be commenced and Arpaio was neutralized.

A few years ago, Maricopa County just completed the building of an expensive justice center worth more than 500 million dollars. Where did the money come from as it has repeatedly been reported in the Phoenix media that the County is broke? Who benefitted? Thomas found evidence of money being kept off of the books and was attempting to expose it and the forces of the establishment had him expelled from office and disbarred within months of the first accusations. Simultaneously, Sheriff Joe Arpaio was complicit in the ill-fated Thomas investigation by carrying out the investigation and participating in the arrests of the three officials. Shortly thereafter, Arpaio was the source of a massive Eric Holder led justice probe into his department’s alleged racial profiling of illegal immigrants in Maricopa County. Arpaio brilliantly retaliated with an investigation into the authenticity of Obama’s long form birth certificate. Obama was declared, by Arpaio, to be ineligible to appear on Arizona’s ballot for President in 2012. Then the controversy went dark and the back and forth between the Feds and Arpaio disappeared from the front page of the newspapers. Obama eventually appeared on the ballot and Arpaio received a mere slap on the wrist from the Department of Justice. Can anyone say “a deal was struck?”  Apraio survived because he had leverage against Obama and Andrew Thomas did not and subsequently, Thomas’ license to practice law was revoked by a three judge panel which operated in the spirit of the worst of any kind of Kangaroo court.

If the Thomas case had been fully exposed to the media, the subject of CAFR’s would have been irrevocably exposed. The obfuscation of public funds issue appeared to be dead. However, I had an inside source come forward and his name is Doug Rhoads. Doug is a former Maricopa County prosecutor. He approached me in early June of 2013 after reading a multipart series that I had published on my website regarding the privatization of for profit prisons and the fact that many states were promising private corporations a 90% prison occupancy rate, thus driving up zealousness of criminal prosecutions aimed at keeping the prisons full and profits high.

Doug Rhoads informed me that these everyone of these criminal cases were being monetized as a traded commodity on the market and that the earned money went off of the books. Doug subsequently appeared on my talk show for two hours and exposed the fact that this was indeed taking place and we also discussed the Andrew Thomas affair. Since the airing of this interview with Rhoads, I have been personally threatened on two occasions that if I continued to report on prison privatization and the Rhoads revelations of hidden public assets, there would be “grave consequences.” Also, since the Rhoads interview, I have been contacted by several people, each with a different angle on this situation. However, all of them are afraid for their careers and their lives if their whistle-blowing were to ever be exposed.

The issue and existence of CAFR’s is being zealously guarded. The release of CAFR’s, alone, could erase our national debt and return financial affluence to America. For example, California Governor Brown, claims that the California’s state budget deficit of $16 billion requires austerity actions. However the state’s CAFR funds revealed $600 billion in undeclared assets. When all the CAFR surplus accounts are totaled, Californians have been overtaxed by $8 trillion dollars in a sampled study. This is being done at every level of government, two sets of books and two sets of figures. You do not have to be living in California and Arizona to be the victim of this deception, it is in every state. This makes the national debt appear to be meaningless.

And whatever happened to Col. Klatt, the man who first revealed the existence of the CAFR’s? He suffered a worse fate than Andrew Thomas, he was likely murdered as Klatt served for a long time as an Air Force auditor and federal accountant, and it’s likely that he got too close to some military CAFR’s being used for “off the books” operations and he died under very mysterious circumstances. Google “Walter Burien” and be prepared to get really upset about how much money is being withheld by government in this unholy accounting practice.

What Does It All Mean?

Through CAFR’s, the government is clearly hording money. Where does the money go? Nobody can be certain except that it makes the lion’s share of money collected eligible to be used as off the books spending.

This is where the plot thickens and things get very interesting. If the economy is collapsed due to the well-publicized debt listed in the first part of this article, it is not known what would happen to the CAFR’s, the underground mineral resources, etc. Since these assets are technically off the books and under the control of local governments and many of their corporate NGO’s, they would presumably be unaffected in an economic collapse scenario. And wouldn’t that be the goal of banking interests who would want to collapse the economy in that they would want to procure as many hard assets as possible before the collapse. Since government at all levels has repeatedly proven itself to be agents of the megabanks and the corporations, these institutions would survive an economic collapse with a great deal of hard assets. 

Conclusion

I have concluded that the powers that be are hording hard assets as a means to maintain power following the economic reorganization which would follow a collapse. Further, this theory is further bolstered by the fact that Federal Reserve continues to buy $40 billion of mortgage backed securities every month and MERS is continuing their theft of home mortgages at record rates. This scenario looks like the globalists are following a massive wealth transfer scenario and the pace of this wealth transfer is accelerating. What is the rush? Could it be that what I wrote about two weeks ago is indeed coming into play?

The GRID EX II drill in which the power grid is being “taken down in a simulation,” is something that cannot be easily dismissed as the next false flag event. However, this is eerily similar to what happened in 9/11 and the 7/7 bombings as well as the Boston Marathon bombing in which a drill culminated in a false flag attack. If the grid is taken down, and as I have stated before, a false flag within a false flag can be executed and the banks can be collapsed and the country will barely notice. Who would notice the missing digits in their bank accounts when the grid is down and the people are starving by the third day following the blackout? Meanwhile, government as well as their banking and corporate partners would hold most of the hard assets in the country following an economic collapse and would stand to be in a position of extreme power when the smoke eventually clears.

In this scenario, the largest remaining asset that the banks would not totally control would be the privately owned homes and businesses. But after a collapse, how would people pay their mortgage? The short answer is that they could not. And who would the deeds revert to? They would revert to the banks.

Although I think this scenario is likely, this is only a theory regarding the tie in with GRID EX II, hidden wealth and collusion to collapse the economy in order to transfer wealth and to consolidate holdings. However, what is not a theory is the fact that our hidden assets outnumbers the sum total of our debt as a nation and the debt and the deficit could be paid off overnight should the people wake up and force the government to release the true wealth of the country.

 

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By | 2017-10-26T22:13:56+00:00 September 18th, 2013|Conspiracy, Featured, Main|41 Comments

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41 Comments

  1. […] Hodges The Common Sense Show September 18, […]

  2. Carl H. September 18, 2013 at 7:50 am

    Hi Dave,

    You make a good case for a false flag/financial implosion scenario set to come on November 13 of this year. Interestingly, 11/10/13, three days before the blackout drill, corresponds to the Jewish date of 7 Kislev, which is 7/11 in the Jewish calendar. 11/10 is also 4444 days after 9/11/01, which was also 7/11 in the Jewish calendar.

    As the Mossad and cronies pulled off 9/11 as a ritual, it may be the case that the aforementioned dates and numbers are important in a ritualistic sense. And consider this: 2000 was the year of the dragon, with the Y2K fear-mongering and deception. Then the real fear-evoking event happened in 2001, the year of the SERPENT, with 9/11. Now the cycle repeates: 2012 was the year of the dragon, with the Dec. 21 end of the Mayan calendar/end of the world deception. Is the next huge false flag set to appear this fall, in 2013, the year of the Serpent, again?

    Maybe the whole week of 11/10-11/16 is set to be a series of: false flag to economic collapse to Middle East war.

    Carl

  3. musivick September 18, 2013 at 8:37 am

    anyone know if the GRID X II drill will coincide with the OTR Truckers Denial Of Delivery protest on October 11th-13th

  4. David September 18, 2013 at 8:46 am

    The wealth of the united States is mostly an illusion because of one fact: it is entirely denominated in fiat currency. So actually, it doesn’t matter much if banks are hoarding because ultimately their dollars will be (are now) worthless. The Federal Reserve Act coupled with the 16th amendment and FDR’s gold confiscation saw to it that real money didn’t exist and all monetary transactions would have to be done using debt notes. Furthermore Dave, I’m not sure what you mean by that last sentence – “However, what is not a theory is the fact that our hidden assets outnumbers the sum total of our debt as a nation and the debt and the deficit could be paid off overnight should the people wake up and force the government to release the true wealth of the country.” What hidden assets are you talking about? Are you referring to the gold that is in the Fed’s vault? If you are referring to the fiat that the banks “are hoarding” and expect that to be released into circulation then standby for inflation on par with the Weimar Republic.

    The entire system is based on a fraud and thus there are no assets to speak of. Sure there are physical assets like land, buildings, crops and such. And yes, the government has 8,100 tons of gold in its vaults (if you believe the publicly available reports) but that won’t go very far. That amounts to 236 million Troy ounces, less than one ounce per American citizen. At today’s spot price that is roughly $283 Billion, hardly enough to put a dent in the debt. So where exactly are these assets you speak of? They don’t exist. Who cares if CAFR’s “are hoarding money”? That money is fraudulent and nothing more than vapor. If released then society would be destroyed by massive inflation. The only real assets are metals, food and land.

  5. Don September 18, 2013 at 9:52 am

    Hi Dave,
    I admire the fact that you obviously have enormous intestinal fortitude in the fact that you are willing to sacrifice yourself for the good of the people of the United States of America! Too bad that there are not more like you! But perhaps, as this stuff comes out, others with information and some influence will come out and join the battle, and perhaps the tide will actually turn. Even though the USA cannot be saved in its present form, (and I don’t believe that is possible, but a cleaning house will be in our best interests), we will soon be living in a better world and our children will escape the burden of slavery that has been imposed on them. I remember the night that Donald Rumsfeld gave his speech about the 2.3 trillion dollars that could not be accounted for. There was an investigation going on at the Pentagon by the Naval Accountants, I believe, and the very next morning most, or all of those accountants, were murdered by the cruise missile that slammed into their Pentagon offices, ending the enquiry. The original hole in the building ( http://www.truthweather.com/images/pentagon/ ), was only the size of a double car garage door. Certainly not the size of a 757! That’s what happens when people with some authority get too close to the truth! I heard of this CAFR stuff a while ago, and am excited that you are bringing it out once again. It will be interesting to see who is involved, and who will stand up for America. Stay safe!

  6. […] Read it all at the Common Sense Show. […]

  7. Smilardog September 18, 2013 at 11:47 am

    David
    You missed the point of what the hard assets are. Research what the CAFR Accounts are. There are millions of them that each city, county, state, feds, and every agency in between has. They try to just say that they are pension fund, etc, and that they are not extra funds, and such. It is actually gigantic secret funds that are used as investments by the powers that be to acquire/steal all of the hard asset of our nation, or the world for that matter.

    All I know is that me and my family are converting all of our fiat into tangible survival hard assets. So as, to come out a live and free on the other end, of this end game.

    Cudo, to you Mr Hodges… I listen to you every time that I know you are on air, and I read and forward all of your articles to everyone I know. To some, your articles are unbelievable, to the uninformed. I love sending your article to my friends and family, because you say the things I want to say to them, but don’t dare to, till I get them up to speed (baby steps, haha), and them hearing it from someone else besides me seems to have more credibility. Then I can take what you said and compound on it.

    Smilardog
    Yuma,AZ

  8. […] The Common Sense Show – by Dave Hodges […]

  9. macaroni September 18, 2013 at 2:48 pm

    To David: There is not a single currency in the world that is not fiat at this stage, so I fail to see your point. All is illusion, but unless all the assembled masses panic and repudiate said fiat (which would be a death sentence in the short run), fiat will continue, until it cannot any longer. Bernanke is printing because he is deathly afraid of a deflationary spiral, such as occurred during the Great Depression, largely because of a terrible combination of Central Bank policies and New Deal nonsense, especially regarding agriculture. Had these been avoided, as they had been in the previous minor depression of the early ’20s (caught you there, right–nobody seems to recall that one, because it was BRIEF), the slowdown of the 1929-1933 period likely would have ended far earlier, and not become systemic and causative of the following breakdown.
    I also fail to see your point regarding your refutation of Dave’s thesis regarding CAFRs. It is quite well known that the government uses an accounting system (or systems, for that matter) that does not conform to any system legally admissible under GAAP standards; talk to your accountant. The so-called Social Security “Trust Fund” is a case in point. It no longer exists; it was looted by Congress ages ago, and they were kind enough to leave an IOU in the vault, interest rate unknown. This is all off balance sheet accounting. Let’s not forget what happened at the Pentagon the day before 9/11, either, when the Secretary of Defense admitted that $2 trillion was missing. This is public record. Everyone seems to have forgotten that, and perhaps that was the point, because it was the accounting office that was hit.
    Musivick: That drill is timed for mid-November. Google it.

  10. A.Friend September 18, 2013 at 3:01 pm

    Echoes of anon’s comments for Makow who published #1 and I’ll post #2 and #3. Keep it up, anon.

    — 2 —
    henrymakow.com/2013/09/Libertarian-Meets-Sound-Money-Hero%20.html
    ———

    “a [decent] government…if we can still imagine that.”

    Larken Rose terms it the most dangerous superstition.

    “the people can eventually do something about…government”

    So can Freemasons, spooks, assassins, blackmailers, reds, globalists, and financiers. Current wars defend petrodollars.

    Centralized power draws evil. Evil lusts for it; goodness wants none. An engineering term is “single point of failure.” Policy wonks never advocate smaller government or plural competing ones. You might think such matters fundamental, like volume of money.

    The idea of money as a creature of law is monkey training. It can equally well result from free consumer choices. It can take many forms. Spices were once good as gold.

    Whether metal sufficient for trade exists depends on whether God supplied it for the purpose, as prior generations believed. Genesis mentions gold early.

    Under shortage any halfway free market will rapidly find alternatives. Diamonds are good currency and plentiful (even manufactured at some cost). They enjoy monetary, industrial, and vanity markets. Here “law” works for bad guys, big surprise. The NWO’s problem is precisely that diamonds ARE such good currency. So they monkey-train us about “blood” diamonds and “smuggler” currency to impose legal claptrap. Overpricing comes courtesy the usual cartel method. Cecil Rhodes was a founding father of NWO secret society networks. The diamond trade is also heavily Yiddish, big surprise.

    “And what happened? A hyperinflationary panic, a deflationary crash, and decades of depression concluding in the American civil war.”

    The era from Jackson to Civil War was America’s boom. Jackson left no debt. Nicholas Biddle admitted to making the panic. He controlled that single point of failure. Without it no panic was possible, people would just use other monies. FDR confirmed Jackson’s integrity to his handler, the notorious Edward Mandell House (Antony Sutton, “Wall Street and FDR,” ch. 1).

    Satanists have trained us to lose our bowels at the notion of freedom. I don’t get it. We act like the sun will stop shining if their system fails. Please God make it fail and force us to use something other than their computer blips.

    — 3 —
    henrymakow.com/2013/09/The-Myth-of-Hitler-as-Monetary-Reformer%20.html
    ———

    I figured Migchels would fire a salvo – but that Hitler study, WTF? A nerf ball just missed something.

    My response is who cares. Hitler was a British plant per Greg Hallett, trained by Tavistock in agitprop and spookery. He used Rothschild’s typewriter for Mein Kampf. He was hired to make a war machine; he made one. Rothschild’s “Bormann Empire” then sailed for Argentina, where Hitler retired; thebushconnection.com tells the rest. What about the price of tomatoes?

    To scratch a period economics itch, try Weimar/wartime black marketing. It saw real currencies in food rations, gold, diamonds, cigarettes, and art. Notice the term, black market. Black substitutes for natural, human, free. NLP, repeat after me…war is peace…freedom is darkness…

    We link such natural economy with war and hyperinflation only because those conditions finally inspire people to give Big Brother the finger. A better world we’d soon have if men would step up before then. Germans could have formed credit unions with any chits or goods they pleased – banks be damned, Hitler be damned. Reforms needn’t and shouldn’t involve government. If there’s a Hitler lesson, it’s stop reforming and kill it. Migchels all but says Hitler should have been a bigger control freak…WTF…

    Migchels doth protest too much on guilt by association. Freedom he often paints as neo-this, quasi-that, controlled-the-other, suspicious, nefarious. He’s got a boogeyman around every corner. FWIW I detest Ayn Rand like Hitler. She was a Rothschild mistress promoting social darwinism, the occult religion.

    My faith is that a humanity not taxed into dirt would save the world. Normal people have hearts of charity, but lack money to enact it, courtesy taxes for the greater public good by the usual suspects. Meanwhile police arrest church folk feeding the hungry downtown.

    Without government, banksters are nothing. Without banksters, government is nothing. Usury and taxes are pincers. What guarantees payment on fictitious national debt is taxes grabbed at gunpoint by a gov that’s here to help. Said gov grants monopoly charter on fiat counterfeiting to said banks, who reciprocate with infinite spending privileges and perks. We foot the bill. They are all one pirate crew. Viewing them as different breeds is a hoot, even cliché: revolving doors.

    Economic surplus should make us all rich. Useful idiots help psychos divert it to evil, pawned as public good under hate/jealousy/fear NLP slogans (tax the rich, fair share, national security, New Deal, equitable distribution, gimme some). Public “dividends” work in theory, just not here on planet earth, where psychos like Hitler and swindlers like FDR run us. They love dividends – for cronies, voting blocs, corporate interests, and their own pockets.

    Look at CAFR1.com for the mind-boggling surplus. Taxes are provably needless. Bob Fletcher has a DVD on the deep underground bases, a whole nation crafted under us with our surplus. That’s government for you.

    Personally I don’t think usury half the problem of taxes. Usury has been variously outlawed, capped, or hit by market discipline. Taxes are forever and only rise. Psychos tax us poor, then offer dividends to social-engineer our dependence on them. It helps obedience. We think we’re getting something and shout down freedom boy calling the emperor naked.

    Without income and inheritance taxes, each new baby might enter the world with money in the bank – a dividend of freedom. You don’t need gov for it. Parents bless their offspring naturally.

    Henry you might find fun a Canadian who beat the system, deanclifford.info – he’s a one-man riot who does Canada proud.

  11. TTS September 18, 2013 at 3:58 pm

    David (the poster),
    Mr. Hodges stated exactly what’s being hoarded. Did you read the article? – cash, minerals, oil, etc. is being hoarded. Of course THEIR cash WILL be worth something when SHTF financially. Banks, government, and the well-connected have practically nothing to worry about. The adjustment will be made with the peoples money. Besides, most of the rich have been very busy bees the past several years converting their dollars into hard assets, perhaps “just in case”.

  12. […] By Dave Hodges The Common Sense Show […]

  13. Walter Burien - CAFR1 September 18, 2013 at 5:10 pm

    In REPLY to David:

    Here are a few missing pieces to the puzzle that are never intentionally mention so that all think opposite of what the reality is:

    Who are the #1 investors with the banks? ANS: Collective government accounting for over 75% of the deposits.

    How does the banks, brokerage, and insurance industries get the full cooperation of government? ANS: They give government the Lion’s share of the profits.

    Why are interest rates at their lowest levels for the last several years? ANS: That is exactly where the government cartel wants them to be at this time.

    Government collective investments do not only control the interest rate markets, but also the equity market both domestic and international. By keeping the interest rates low at this time: A.) their equity positions maintain profitable and not in the red; B.) the economy stays fluid especially with the money they are pumping into it and thus higher profits on their equity; real-estate; mortgage holdings; C.) the international holdings profit by maintaining consumer orders and the international holdings are generating a X-times greater profits than US Holdings.

    Interest rates will rise when the government cartel determines the economy is rolling along strong enough to where they can drain some more profit out via their interest rate vehicle investment holdings. Not before..

    You have been intentionally led to forget the golden rule: “He who controls the gold makes the rules”. Well, the investment holdings value of collective government makes the total gold held globally look like a kids change jar in front of his lemon-aid stand.

    And before you jump off on another misconception intentionally spoon fed the population of: “But it is all priced in worthless dollars, a paper fiat currency”. That is also an idiot’s play of misconception. Hard assets can be exchanged for anything. Land, gold, cattle, labor, etc. A currency is but a bartering tool used for exchange. Cattle did not work to good for that purpose being that they would not fit in those ATMs so in the case of the US, dollars were used.

    If anyone bothered to look (and great effort is extended to keep them from looking) the government cartel has hedged themselves for the last 40-years back and forth trading all currencies. Did not matter on the short run if the dollar went up or the dollar went down, the government cartel was profiting through their investment positioning through international currencies traded. In fact they made the market and in doing so guaranteed themselves a profit every single time..

    Per the quote of: “All Wars Are Bankers Wars” well, people were never told or given an iota of cognitive thinking as to who controls the banks by the investment capital the banks are holding and in as such who the banks are working for. That being collective government pooled through the banks and the shots called to the banks and other financial institutions through private associations that group the membership of collective government into one moving force for policy exertion and accomplishment. And then you have the strong arm of government regulation to deal with any uncooperative or rough players.

    Is the overall picture coming into clear view yet with the pieces of the puzzle put in place to see the whole picture?

    Walter Burien – http://CAFR1.com

    EDITOR’S NOTE: I appreciate your insight and your body of work.

  14. Gary September 18, 2013 at 5:58 pm

    Thank you Dave. Perhaps a good way I keep this straight in my mind is to view it as the “old economic system” holding the debt and the “new economic system” holding the assets. By design those with assets are helping the sun set on the old.

  15. Walter Burien - CAFR1 September 18, 2013 at 7:22 pm

    PS: My prior reply to “David” was to the “Comment” of David posted at 8:46 AM

    This comment is for Dave Hodges:

    Dave, I just received confirmation this week that I will be walking into the Lion’s den in DC to make a presentation in the near future that could and I hope will be a game changer – Mr. Smith (CAFR1) goes to DC – http://CAFR1.com/MrSmith.html

    Will keep you posted. CSPAN2 should cover the 1-hour presentation live and then it will be in the archives for viewing internationally.

    Walter Burien – htp://CAFR1.com

    EDITOR’S NOTE: I do not think we could have a better spokesperson. Let me know if you would like to come on my show and educate my audience about CAFR’s [email protected]

  16. Ralph September 18, 2013 at 10:33 pm

    CAFR means Comprehensive Annual Financial Report which is required by law to be reported by all levels of government, city, county, state etc. I have looked at the CAFR of my medium size city and county. All the information that you would want to know is in the yearly reports.
    This great corpus of extra “savings” started right after WW 2 when the local and state governments begin collecting more in taxes then they could spend. Hence, the trillions in so-called saving. I think most of this excess monies are in the stock market. I think that 50% or more of the entire US stock market is owned by governments. This is where governments have stuck most of this excess tax monies since WW 2.
    You tell me at present levels just what is 50% of all US corporate stocks worth? Trillions!!!
    This major ownership of US corporate stocks by local, county and state governments is the very
    essence of fascism. This has created a symbiotic relationship between the Fed, the US government and all local governments. This is a relationship that has been and is undermining our constitutional form of government and the balance of power between the states and Washington D.C.
    The fly in this ointment is if the cities and counties and states were to sale off their corporate
    stocks-well you get the idea. It would spin off the market into the greatest crash in the history of the world, for there would be no one on the other side of the trade with enough money to buy the stocks. This country is in a fine pickle. All property including your very personhood and that of your children has been collateralized. Just like when a bank repossesses of home, when the
    international bankers move to “repossess” on America they will take much, much more then
    is really owned on the debt owed them via their Federal Reserve Central Bank because of the massive “savings” as shown on the CAFRs. It’s the greatest financial crime in the history of the world.
    Kudos to Walter B.

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    […] The Greatest Financial Conspiracy In American History  […]

  18. John Rambo September 19, 2013 at 3:29 am

    Every “household” in America needs to be mailed a copy of this article !!! I know that’s impossible … it would cost around $100 million to do that, but if ALL of us make copies of this and tell everyone we know to do the same and keep copying – passing – copying – passing …. we can inform the sheeple. This is one of those articles that’s very worthy of the extra effort.

  19. [email protected] September 19, 2013 at 4:33 am

    However, this so called wealth is an imaginary number, and as everyone is aware is completely debt based meaning slavery and loss of freedom. Slavery is the never ending chore of laboring but never getting ahead or reaping the fruits of your labor. The harder you work the further behind you become. Loss of Freedom is the loss of Life, Liberty, and Pursuit to Happiness! This is the only way money ever obtains it power. The jews stole all the gold and silver and now their homing in on the kill shot. The NWO! I suggest from this point on seeking divine inspiration from our Lord and Savior Jesus Christ! Get to understand His message…REAL QUICK!

  20. Stiri scurte: 19.09.2013 | George Valah Blog September 19, 2013 at 6:50 am

    […] The Greatest Financial Conspiracy In American History […]

  21. dbdonovan September 19, 2013 at 7:47 am

    Their goal, amongst many others, is to collapse the economy and then snap up not just mortgages, but important, influential properties – at fire sale prices. They have worked this scam before, the other Great Depression: June 1, 1933, the owner of the Washington Post, Ned McLean was forced to sell the Post at bankruptcy auction. The buyer is Zionist former Federal Reserve Chairman, Eugene Meyer, the first President of the World Bank. This was the infancy of the television empires, when print was considered king; and now, the four most powerful media sources are all under Jewish ownership. (CBS-Paley, NBC-Sarnoff, NY Times-Ochs, Sulzberger, & Washington Post-Meyer.) The Post will later be handed down to Meyer’s daughter, the late Katherine Meyer-Graham, and it is run today by her son, Donald Graham. The Post was sold in August, 2013 to Amazon founder, Jeff Bezos. Research shows Bezos was raised Episcopalian, but the Jewish Press claims otherwise:

    Jewish Efforts to Save Washington Post Date Back to 1933
    http://www.jewishpress.com/tag/jeff-bezos/
    “This week’s purchase of The Washington Post by Amazon’s Jewish CEO Jeff Bezos is not the first time a Jew has bailed out the newspaper. In 1933, the Jewish investor Eugene Meyer rescued the Post from bankruptcy, acquiring it at auction at the height of the Depression.”

  22. […] The Greatest Financial Conspiracy In American History […]

  23. […] via The Greatest Financial Conspiracy In American History | Dave Hodges – The Common Sense Show. […]

  24. Guy September 19, 2013 at 11:21 am

    Dave, Why not find out who actually owns the mega-banks? While doing that find out who actually owns the private municipal corporations that control said corporate CAFRs, i.e. city, county, state, fed, etc.? Manna.com reveals the corporate structure of all of these so-called ‘governmental bodies’. Your local sheriff is a private corporation. Amazing how stupid the American people are.

  25. Luke September 19, 2013 at 1:53 pm

    The beast who is going to instigate the one world system as described in Re 13:2.

    Re 13:2 And the beast which I saw was like unto a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and the dragon gave him his power, and his seat, and great authority.

    The leopard is Syria, the bear is the Medio-Persian empire and the dragon’s seat is in Pergamos Turkey. The switch from the pound to the dollar as world reserve currency happened in a relative short period of time. According to scripture the one world empire is going to emerge from Syria and comprise of the region shown in the link below

    http://www.google.com/imgres?imgurl=http://www.preceptaustin.org/medopersian.jpg&imgrefurl=http://www.preceptaustin.org/daniel_7_commentary%281%29.htm&h=348&w=461&sz=62&tbnid=6bL3u8ihkhhFsM:&tbnh=91&tbnw=120&zoom=1&usg=__xFilEViDXyBCuuVPXmRYy8dC6AI=&docid=vIghHeR3Ho1mbM&sa=X&ei=nnE7UoD1GYW6yAGx0YGwBw&ved=0CE8Q9QEwBQ&dur=3468

  26. lamont September 19, 2013 at 4:35 pm

    Ha Ha – there are more of us than them. If all this is true It wouldn’t be hard to find them living in their ridiculous luxury of stolen money. I think this is a BS story though. There is a genuine world wide debt problem.

    EDITOR’S NOTE- Lamont, click the hypertext links. Don’t think something is wrong, prove it and discover your own truth.

  27. Anthony Clifton September 19, 2013 at 11:38 pm

    stand by for MIND CONTROL…

    from HOLLYWOOD…http://www.roitov.com/articles/palacecave.htm

    ….get the Mug Shots – officer Friday

    see Also : THE WORLD ORDER by Eustace Mullins

    knowing the Truth liberates the individual from the “Stool Sculpture deity cult compound”…so-called “religion”….

    from where Bad Faith oooozes from….

  28. […] by Dave Hodges, The Common Sense Show: […]

  29. Walter Burien - CAFR1 September 20, 2013 at 8:05 am

    In REPLY to: [email protected] at 4:33 AM:

    Wealth is not “imaginary”. It is imaginary to those who do not have it. And per “debt based” now here is your real eye opener for you:

    Debt is backed by investment. Who are the primary investors in the massive debt governments have on their books? Collective governments are. In fact since the 70’s they have been promoting debt at the front door and using their own investment funds through the back door to fund their own debt. Being that the general population was intentionally kept clueless and government was rolling in the truck-loads of cash, they needed a “parking-zone” for that cash. By funding their own debt through the use of their own investment funds, it was an undisclosed tax they were collecting and in as such they accomplished a return on the parked wealth amassed.

    TREASON: “Treason doth never prosper; what’s the reason? For if it prosper, none dare call it treason.” Sir John Harrington, 1561-1612

    ———————————————-

    In Reply to dbdonovan at 7:47 AM:

    The 1929 event was a collapse and massive wealth changed hands with the “fire-sales” created. Since then they do organized plays to milk all others. They network between themselves to work out a plan based on circumstantial opportunity; pr-position the leveraged investments; implement the plan; entertain the population in an ass-backwards presentation to keep them clueless; transfer of wealth takes place as intended. The recent events of 911 and the 2008 housing market bubble burst generated trillions for the planers of the events who meticulously pr-positioned globally and then “promoted” the results they were looking to accomplish.

    Per the Jewish ownership of the media, yep, they did pull that off. The important thing to remember is not that it was the Jewish gang that pulled it off, but that it was done period. Could have been a gang from Guam, or Samoa that “pulled it off” but it was the Jewish cartel that did it for one reason: They teach their kids business since they are three years old. Gives that sect an advantage over the rest. People do not point the finger and bitch about the winning Supper-bowl football team or Tiger Woods being that they were trained and played the best game, so we can’t really slam the Jews for doing the same. What is required is kicking a little butt if greed based opportunity is played out unrestrained to all others severe disadvantage and loss. Jew, Guamanian, or Samoan it does not matter. Whomever is abusing their position needs a good kick in the butt from time to time if “they” are abusing their position of control accomplished.

    ————————————————————–
    In REPLY to Guy at 11:21 AM:

    The “Mega-Banks” have a corporate listing of owners and management directors. They may be the figure heads but it is the “investors” with their entity that are the true owners. The investors are what allows the “Mega-Banks” to prosper. Who are the primary investors? ANS: Collective governments. It is cute that the governments also “regulate” the banks. That is the investor’s (government’s) insurance policy that keeps the banks in line and thus their (government’s) investments in the black. The bailouts of the banks was just government keeping themselves in the black after they orchestrated global world theft, done so at taxpayer expense. Get it?

    TREASON: “Treason doth never prosper; what’s the reason? For if it prosper, none dare call it treason.” Sir John Harrington, 1561-1612

    ———————————————————————

    In REPLY to Luke at 1:53 PM:

    Your interpretation of Revelations 13:2 is based on a perception as if applicable to the Holy Lands. The vision was for the world in the future, the whole world. In as such the beast: a “Leopard” is a beast that hunts by stealth in the night (the world) having the feet of a bear (the symbol of Russia) and the mouth of a “Lion” (many mid-east countries, the UK, and Slovak have the Lion as their banner) and last but not least the “dragon” (China is clearly their symbol) with China being the up and coming new world power that in trade, growing economy, and numbers of people is now becoming the #1 world “power” and “authority” in as such. The true definition of “the Beast” is that all are networking with each other to establish a “one” world policy to “utilize” the population as a productivity unit to be drained and managed. That is what the NWO is all about. A one world “standardized” slave market for corporate capital wealth accumulation under a well masked government collective ownership of it all. Reminds me of the Borg’s policy: “You will be assimilated, resistance is futile.”

    Understanding and clear comprehension of the basics taking place are sentential if corrective action is to be exerted and corrective action implemented. What this all boils down to are two words: “Greed and Opportunity” running unrestrained within government and its control by acquisition through investment and then regulation of the same corporate world. With the general population so easily “entertained” into distraction giving importance on what has none and a void intentionally created and maintained towards the basics of ownership and wealth amassed, that Greed and Opportunity principle running unrestrained is allowing for the systematic theft of all that the population possesses; their wealth, property, and even their children.

    We as a people have allowed the “Beast” to grow and flourish unrestrained. It is devouring our life blood and penning us all for easy feeding. It is not a local or regional issue. it is a world issue that is being solidified into a standard of operation, or as all like to call it: the NWO. That is what the “Beast” is as was warned about in Revelations. By the way you left out the Eagle with its talons (the US symbol) I guess just an oversight on your part Guy.

    Now for the very relevant issue: Who in revelations will fight and overcome the “Beast”?

    I will leave it as a personal note that is in the works: http://CAFR1.com/MrSmith.html

    ——————————————————————————-

  30. Walter Burien - CAFR1 September 20, 2013 at 9:08 am

    —————————————————-

    PS: To Dave Hodges:

    Dave: I was never an accountant. I was a CTA (Commodity Trading Advisor). http://CAFR1.com/BIO.html

    Also Gerald Klatt did not brief me, I briefed Gerald Klatt in 1999 and being that he was a retired Federal Auditor and very concerned about what had developed, I challenged him to put up a website to show CAFR reviews. Six months later in 2000 he launched http://CAFRMan.com He died mysteriously in July of 2004 two months after putting up a CAFR fill in the blank excel review program that could be utilized for any venue.

    Keep in mind Gerald was the “ONLY” active or retired government official in a multi-trillion dollar a year government syndicate that mentioned openly and offered CAFR reviews for public view. All the rest maintained their silence out of self-interests.

    The CAFR is the “Holy Grail” of accounting for any local government. About 184,000 separate local government operations prepare one and collectively a few billion are spent each year on the accounting thereof with tens of thousands of individuals involved with the accounting thereof. The “Silence is Golden” rule has been in effect now for over 65-years with the full cooperation of the syndicated media, controlled education, and both primary political parties. The heads of all of the before-mentioned were sent the CAFR reports for the last 40-years, and in cooperation due to the wealth and absolute control involved, not a peep.

    Gerald broke that silence and he truly is an UNSUNG HERO in having done so. One of his first letters he sent me after I briefed him and before he launched his website can be viewed here – http://cafr1.com/STATES/1KLATT1999-Read.pdf (takes a while to download being a large scanned image file)

    —————————————————————-

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  33. Jarheadusmc September 21, 2013 at 11:31 am

    In 1962, twelve Vatican Theologian/Historians, while studying documents and books in the Vatican Archives in their original languages, discovered the largest conspiracy in history. What they discovered was the conspiracy from the time Christ to undermine and destroy the Christian faith; but not to destroy the Church, but rather to commandeer the Church and use it’s authority and power to herd the sheep into their pens.

    These findings were published in a book called “The Plot Against the Church” under the pen name “Maurice Pinay” available from OMNI Christian Books of California for $20.

    In this book you will find the history, intention, methods and end game of the world elite of Judaism and their minions including their adepts or Judeo-Freemasonry. Here is detailed how thousands of Jews faked conversion over the centuries in order to infiltrate the worlds religions and governments. These “Marranos” or “Crypto-Jews” have and are become Catholic Cardinals, Bishops, and Prelates, Protestant Ministers, Muslim Clerics, Pagan Priests, all in order to further their intention to establish a One World Satanic Judeo-Freemasonic Dictatorship and to enthrone Satan as Prince of the World – their God. “Their God is the devil – The Synagogue of Satan”.

    Some of these Marranos were and are the most apparently devote, faithful and learned priests and Prelates, who wrote edifying books on prayer and religion, but secretly conspired to destroy the very thing they outwardly seemed to represent, secretly practicing their Jewish faith.

    Of the 502 Offices of the highest rank in the First Soviet Government 476 were Jews. Alexander Solzenitzyn writes in his last work on the last 200 years of Russian history, how the Jews murdered over 66 million Russians and that is not counting the Poles, Hungarians, Ukrainians, Chechs, Slavs, etc that were also murdered. THe leaders and advisers of the Chinese Communist Revolution were all Russian Jews, Marx, Engels, Lenin, Stalin, Bakunum, Trotsky, etc are and were all Jews, the Father of Comminism is Judaism as they themselves brag.

    Greenspan, Bernanke, Summers, Geithner, Shumer, Feinstein, Axelrod, and the list goes on. Look carefully who are all the handlers of our finances, Jews, who are those who have introduced legislation for gun-control, abortion, homosexuality, hate-crime laws, all Jewish lawyers and legal firms. The list of all those responsible for the wrecking of America – read their names – Jewish near everyone.

    Then we have modern day “Marranos” or secret Jews: John Kerry, Madaline Albright, General Wesley Clark, all were outed as coming from entirely Jewish family’s – gee I didn’t know my father, mother, sisters, brothers, grandparents etc, were all Jews; we also have Nancy Pelosi and her husband who are Catholic Marranos who come from Argentinian Jewish families.

    The Muslims are our physical and outward enemies and will be till the end of time, however, the Jews are the most sinister and secretive of our enemies – who have been expelled from over 102 countries and hundreds of cities, towns and villages in the past, but in most cases too late, after they had betrayed and robbed their “hosts” of their wealth and even lives, they are for the most part found and discovered only too late. Near all the spies caught in America in the last 100 years have been Jewish and near all the historical spies and traitors also in the world have been Jews.

    Yes, pray for the Jews and the Muslims and the Pagans, but as was written on the homes and barns of 15th century Spain, “Pray to God and Keep your powder dry”. And don’t believe the absolutely inaccurate and phony history of the Inquisition written by Jews and Masons. Hollywood, the Publishing Houses in America and 96% of the media are owned by six Jewish families – you read and hear only what they want you to read and hear – sheeple.

  34. delightme321 September 21, 2013 at 11:09 pm

    I am compelled to say….’obama, you’re fired’…. Take your worthless administration and any friends you might have far away from the country you betrayed. Americans ar allergic to your type of evil…..

    And to ‘congress’ (every one of you…..much love to RP, though:))…. You’re fired, too. No one even knows your name (and those that do? they don’t like you..) You’re a desperate and pathetic group of people who’ll do anything to be recognized by a superior (perceived) evil power in your trade. You’ve gotten away with way too many lies. If nobody respects you, who do you represent? if ‘your constituents’ (laughable) don’t even care who you are…. tell, me….no, tell us… who the hell are you to endanger Americans by supporting the imaginary laws from the first criminal described above?

    government- youn need to be very cautious….you’re simply entertainment at this point.. WE…The American People will fight. WE, The American People will prevail.

    Dear God,
    Please forgive our countrymen and women for letting ourselves be deceived. Forgive us for categorizing and denouncing your infinite words and promises in order to avoid accountability….Give us a chance for redemption. Let us fight in your honor.

    God- I know you win in the end. I would be honored to be your warrior…..A loyal warrior who promises to make a difference in the beginning….so you can prepare to celebrate in..

    The End.

  35. […] Source: The Common Sense Show […]

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  40. 789 September 23, 2013 at 11:46 am

    @ Walter Burien
    “Who are the #1 investors with the banks?”
    (since I don’t see where on your website, I ask it here)

    I think this subject should discussed and understood a lot more:
    The whole entire pension sytem is based/built on interest on the bonded national debt (pensioners need large, permanent national debt), on bank profit, on proceeds from stock market speculation……
    75% of the shares of the arch-villain of Wall street, J.P. Morgan Chase, are held by pension funds and mutual funds (like the teachers of California, Illinois, New York, Ontario)
    These pension funds are the too-bid-to-fail corporations; these pension funds are the big-bad oil companies (BP, Exxon); these pension funds are the GMO corporations (Monsanto, Archer D.M.); these pension funds are the big pharma vaccine corporations

    How many teachers are there in the United States ? how many unionized government employees are there in the United States ? ….. they are all against the idea of di-vesting (therefore dispossessing) them……

    Not one of the groups and people who complain about the too big to fail, about big bad Wall street, wants to know that these nice old retireez hold more bonds and bank shares than the Rothschilds, Sachs, Goldmans, Seligmans……..

    These banks, that are owned by the pension funds (55% of Bank of America owned by institutionals), are members of the Federal Reserve system; as such they are required to purchase shares in the Federal Reserve……. so, once again, nice old pensioners own more of the Federal Reserve system than the usual suspects (told to us by conspiracy books, who spent a century wandering on Jekyll island, looking for a boogie man under every banker)

    The 85billion a month injection re-flated the stocks of these pension funds……..

    @Hodges
    In the article you did not bring it out that the problem is not too little government revenue; the problem is exponentially too big government expenditure (Mr. Burien brought this up 15 years ago)
    We don’t need to find new sources of revenue; we need to find a way (or many ways) to drastically reduce the size and expenditure of government(s)

    I am no fan of Abraham Lincoln; but his government had 5 departments, and its non-war budget was 70million silver dollars….. since 1865 the population of the U.S. quadrupled, so 280million silver coins should be enough for a year (which, of course, could be supplied by half per centum royalty on oil and other natural resources)…….

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