If you think the Federal Reserve’s quantitative easing will only affect the US dollar, think again. Now that the United States has officially begun it’s third round of money printing to the tune of at least $40 billion monthly, central banks around the world will also act to ‘defend’ their currencies in kind.
Moreover, because everyone is joining the fray, all of that extra money will make its way into key resource stocks and commodities, adding further upside price pressure to essential goods like food and fuel.
It’s a race to the bottom, and the losers are the 99.9% of us who aren’t being kept in the loop.
Quantitative easing is really another word for currency wars. A weak U.S. currency puts continued pressure on the Japanese Yen, the Chinese Yuan, the South Korean Won, the Australian dollar and other currencies.
Cheap money also fuels speculation and this money quickly drifts into commodity markets and the ETFs that help propel commodity market speculation. This is inflationary for food prices.
The lower the U.S. dollar the greater the intensity of currency wars.The break below the key uptrend line on the Dollar Index chart was an early warning of the third round of quantitative easing (QE3).
The most important question now is to use the chart to examine the potential downside limits of a QE3 weakened U.S. dollar.
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The weekly close below this uptrend line was the first signal of a major change in the trend direction. It came before the announcement of QE3, last week.
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The third significant feature is historical support near 74.5. This is the upper edge of a consolidation band between 73.5 and 74.5. This is the downside target for the Dollar Index following a fall below 79.
This target can be reached very rapidly over three to four weeks. A rapid collapse of the U.S. dollar puts immediate pressure on other dollar-linked currencies.
There is a very low probability the U.S. dollar will resume its uptrend. The move below the value of the uptrend line and a fall below 79 confirm thata new downtrend has developed.
The weakness in the U.S. Dollar will hurt export dependent economies and companies.
There are two ways this may end – neither of which is going to be good for the average Joe:
The Fed et. al. continue to print, so much so that prices for food, gas, utilities and other key commodities that are linked to US dollar movements will rise exponentially. This rise in prices will accelerate the pressure on consumers as more jobs are lost in an ever progressing, self reinforcing economic death spiral. The pressure of rising prices, even though the Dow Jones may reach 20,000 or 50,000 points, will be so great that American consumers simply won’t be able to pay their bills or put food on the table.
The Fed and their brethren around the world won’t be able to print fast enough to maintain stable financial markets, leading to stock market crashes in Europe, Japan, China and the United States, which then leads to a shift of capital to US Treasury bonds, ironically strengthening the dollar. A weak US economy that isn’t creating jobs and is adding tens of thousands of people to an already overburdened social safety net every week will eventually lead to confidence being lost in the US government’s ability to repay its debts. As we noted in 2012 Predictions of a Mad Tin Foilist, the end result will be a currency crisis, or de facto default by way of hyperinflating away our debt.
Despite the mainstream notion that inflation is under control and most of the money is sitting on the sidelines with banks, all we need to do is look at the price increases for consumers since private and public bailouts begin in late 2008. Gas has doubled. Food is up over 25%. Electricity costs and the cost of just about every other non-debt based asset has steadily risen.
This is not going to stop.
While timelines remain elusive because of never ending government intervention into financial markets and economies, the policies being instituted by central banks around the world can only lead to continued degradation of paper currencies and the rise in prices of all goods linked to those currencies.
In a monumental television moment for truth seekers, Jesse Ventura appeared on CNN’s prime time Piers Morgan Tonight and proceeded to lash Morgan and his large audience with a barrage of questions and facts surrounding the nation’s most pivotal event.
Morgan, a seasoned journalist whose exploits include filling a judge’s seat on the reality show America’s Got Talent, faltered, quite comically, against the former Minnesota governor’s intense line of questions and facts, trying in vain to dispel a majority of what the truth advocate was saying.
Here’s a transcript of what took place:
Morgan: “What would you have done on September the 12 2001? What would you have done if you’d have been president?”
Ventura: “I would have done a legitimate investigation to find out what exactly happened on 9/11. How did they know who did this so quickly like they did Lee Harvey Oswald? How quick they know Lee Harvey Oswald killed Kennedy.”
Morgan: “We knew who did it because the people who did it were identified and we knew who they were.”
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Ventura: “Well then why couldn’t we have stopped them before hand if they were identified and we knew who they were.”
Morgan: “It was a failure of intelligence. Everyone’s accepted that.”
Ventura: “No it wasn’t. We knew before with Condeleeza Rice’s memo in August 6th when it stated right in the memo: “Bin Laden to steal planes and run them into buildings.” And more stuff is coming out now also, how much the Bush administration ignored the intelligence. It was almost like they ignored it cause they wanted it to happen.”
“Oh come off it, Jesse,” Morgan stammered as the audience began applauding.
“Every war fought starts with a false flag operation,” Ventura finished up to scattered applause.
When, astoundingly, Ventura pointed out the BBC’s televised blunder during the 9/11 broadcast as it seemed to “predict” the collapse of World Trade Center Building 7 half an hour before the building actually came down, Morgan dutifully bumbled to maintain the innocence of his nation’s beloved news organization: “If you’re trying to make out the British Broadcast Company, one of the most respected news organizations in the world, was inventing huge buildings falling over you need to have a break Jesse.”
At one point in the interview, which admittedly turned into more of a debate, Morgan criticized Ventura for making “crackpot points,” at which point Ventura turned to the audience and asked, “How many people here think I make crackpot points?”
Only one person in the audience agreed.
He next asked, “How many think I make sensible points?” which received a positive eruption of audience applause.
If Ventura’s appearance is any indication of what his announced independent 2016 presidential campaign is going to be like, it’s shaping up to be a wild, exciting ride.
By mid morning on Monday, September 17, as Occupy Wall Street protesters marched around the perimeter of the Federal Reserve Bank of New York, all signs that an FRPD (Federal Reserve Police Department) existed had disappeared. The FRPD patrol cars and law enforcement officers had been replaced by NYPD patrol cars and officers. That decision may have been made to keep from drawing attention to a mushrooming new domestic police force that most Americans do not know exists.
Quietly, without fanfare or Congressional hearings, the USA Patriot Act in 2001 bestowed on the 12 privately owned Federal Reserve Banks, domestic policing powers.
Section 364 of the Act, “Uniform Protection Authority for Federal Reserve,” reads: “Law enforcement officers designated or authorized by the Board or a reserve bank under paragraph (1) or (2) are authorized while on duty to carry firearms and make arrests without warrants for any offense against the United States committed in their presence…Such officers shall have access to law enforcement information that may be necessary for the protection of the property or personnel of the Board or a reserve bank.”
Mass mind control focuses on two elements: image and feeling.
By linking the two primary elements, it is possible to short-circuit thought and “cut to the chase,” when it comes to enlisting the allegiance of huge populations.
Two seemingly unrelated events spurred my interest in mass mind control.
On the evening of April 12, 1945, I listened to a radio report on the death of Franklin D Roosevelt. I was seven years old.
I became upset. I didn’t know why. I was angry at my own reaction.
Forty years later, I pulled into a gas station near my apartment in West Los Angeles. I got out of my car and took the cap off my gas tank. I looked to my right and saw Tony Curtis sitting in his car. I was shocked.
A few days later, I began making notes under the heading of “image-emotion cues.” At the time, I had just started working as a reporter, writing articles for LA Weekly. I knew next to nothing about mind control, MKULTRA, Soviet psychiatric gulags, Chinese re-education programs, or US psychological warfare operations.
But because I had been painting for 25 years, I knew something about the power of images.
I remembered my first exhibition of paintings in LA, at my friend Hadidjah Lamas’ house. We had hung my work in her large living room and dining room. Hadidjah had enlisted the services of a friend who had videotaped me painting in my studio, and at the exhibition she set up a television set out on her patio and continuously played the videocassette.
People came through her front door, almost automatically walked through the house to the patio, as if guided by an unseen hand, and watched the video; then they came back inside and looked at the paintings.
They would stop at a painting and say: “That picture was in the video!” “ You see that one? It was in his studio!”
My first note on “image-emotion cues” was, “Investing an image with importance. Projecting emotion into an image.”
Projecting emotion into a newspaper image of the president, FDR. Projecting emotion into the screen image of Tony Curtis. Projecting emotion into a video of a painter working in his studio.
When people encounter an image, when they invest it with importance, they project feeling into the image—and this all happens in a private sphere, a private space.
If this didn’t happen, there would be no way to control populations through images. It wouldn’t work. It all starts with a person setting up his own personal feedback loop that travels from him to an image and back again.
Coming out of World War 2, US psychological warfare operatives knew they could turn their skills to political purposes. They had just succeeded in making Americans believe that all Japanese and German people were horribly evil. They had been able to manipulate imagery successfully in that area. Why couldn’t they shape America’s view of a whole planet that lay beyond personal experience?
They could and they did. But the power to do that emanated from the fact that every person invests images with feeling. That’s where it really starts.
I had seen the 1957 film, Sweet Smell of Success, a number of times. I admired it. Burt Lancaster and Tony Curtis gave tremendous performances. When, decades later, I saw Curtis sitting in his car at that gas station, I was “working from” the emotion I had invested in his onscreen image. It produced a sense of shock and paralysis for a few seconds.
Other people might have rushed up to Curtis and asked for his autograph. With me, it was shock, cognitive dissonance. Ditto for the death of FDR. I was working off newspaper pictures I’d seen of him, and the feeling I’d invested in those presidential images. Other people, when FDR died, went out into the street and hugged their neighbors and wept openly. For me, it was upset and shock and anger.
There’s nothing intrinsically wrong with investing emotion in images. It can be exhilarating. It can be uplifting. As a painter, I know this in spades. Putting emotion into images can, in fact, vault you into a different perception of reality.
But on the downside, it can also take you into lockstep with what media operatives want you to experience, second-hand.
We focus to such a degree on how we are being manipulated that we don’t stop to consider how we are participating in the operation. And our own role is clear and stark: we invest images with feeling.
So how does one individual’s projection of feeling into an image become a uniform projection of the same feeling into one image, by millions of people? How does what one person invests privately become mass mind control?
Through external instruction or cues.
Why does this work? Why do millions of people fall into line?
Because they don’t realize they started the whole ball rolling themselves. All they know is: images are connected to feelings.
If they knew they were the real power in the whole operation, if they knew they were investing feelings into images all day long, if they could actually slow down enough to see how they do this….then they would be far less prone to taking instruction about what feelings they “ought to” invest in second-hand images.
Hypnotherapist Jack True unceremoniously put it to me this way: “If a dog could analyze how he got from eating meat to drooling at the sound of a bell that came at feeding time, he could stop drooling.”
I would add: If Chris Matthews could analyze how his own voluntary investment of feeling in the image of Barack Obama sends a tingle up his leg, he could stop tingling.
We’re now seeing images of people rioting all over the Middle East. We’re seeing burning flags and crowds outside embassies. We’re supposed to invest our own anger into those images. Outrage.
We see an image of miles of flat farmland and wheat waving in the breeze. We’re supposed to invest that image with feelings of happiness and pride.
Nowhere are we told we can back up a step and realize that we are the ones who begin the whole process, by projecting feelings into images. Any images.
Imagine a thought-experiment. You’re watching your computer screen. It holds an image of a tall blue vase. With purpose, you project the feeling of joy into the vase. Then you project the feeling of disgust. Then, fear. Then, worry. Then, pleasure…on purpose.
The objective is to gain some measure of consciousness about an unconscious process.
When I was 19, I was sent to an trained expert in New York to take a Rorschach (ink-blot) Test. I was displaying signs of what would now be called Oppositional Defiance Disorder.
The expert said he wanted me to tell him everything I saw in each ink-blot. I took him at his word.
An hour later, I was still working on the first blot. I was describing everything from bats and owls and chickens to space ships and buckets of hidden treasure in caves.
Well, I was cheating a little. I wasn’t really describing what I saw. I was imagining. I was taking off from what was on the page and improvising. This was outside the bounds of the Test.
The expert was seething. He was sweating, because he had many other blots to show me, and it was late in the afternoon, and he was looking at spending the entire evening with me. Finally, he held up his hand and put an end to the Test.
I wasn’t playing his game. Among other sins, I wasn’t investing feelings in the images. Therefore, my choices of “what to see” in the blots expanded greatly.
When I go to a museum, I like to watch people stand in front of abstract paintings. Many of them are stumped. They’re trying to figure out what feelings they “are supposed to” project into the painting. They’re looking for “instruction,” and there isn’t any. They’re asking for mind control, and they’re not getting it.
Fanaticism of any kind begins with individuals projecting feelings into images. This is harnessed by leaders, who then choose the images and direct which feelings are permitted. The tempting prospect for the follower is: participation in a drama that goes beyond what he would ordinarily experience in life. This is bolstered by the idea that what he is doing is moral.
In this election season, people on the left are urged to project messianic feelings into images of Barack Obama. People on the right are cued to invest feelings of pride, hope, and “tradition” into images of Mitt Romney. On both sides, it is principally images that are presented. The real candidates aren’t actually experienced.
Since Vietnam, shooting wars have been more difficult to sustain among soldiers. “In the old days,” feelings of hatred could be projected into images of enemies that included civilians, so overtly killing everybody on foreign soil was easier to accept. Now, soldiers are taught “enemy combatant” and “civilian” are two different images that require the injection of two different feelings.
Here at home, police and military are taught, more and more, to invest feelings of suspicion into images of American civilians. This is a acceleration of mass mind control for law enforcement.
The astonishing number of civilians who participate in government and corporate surveillance of the public, through technological means, learn to invest “dead empty feelings” into images of citizens, as if these targets are nothing more than ciphers, units.
The recent bizarre instances of police detaining and questioning parents who allow their children to play unsupervised reveal another accelerating trend. These confrontations start with neighbors snitching on the parents. The neighbors have learned to invest feelings of panic, suspicion, and anger in images of “free children.”
In all these cases, there is no real experience. It’s all second-hand. It’s all feeling-projected-into-image.
In the medical arena, countless advertisements and news stories are geared to convince people to invest feelings of trust in images of doctors. The suggestion, “Ask your doctor if X is right for you,” is framed as the solution to a little problem. The problem is set this way: Drug X is wonderful; drug X has serious adverse effects; what to do? Solution: ask your doctor; trust him; he knows.
As the class of victims in society has grown by leaps and bounds, including any group that can organize and promote itself as needing help or justice—going miles beyond the people who really do need assistance—citizens have been trained to invest feelings of sympathy and concern for all images of victims everywhere, real or imagined. This, too, is mass mind control.
Pick an image; invest feelings in it. Facts don’t matter. Evidence doesn’t matter.
We shouldn’t leave out a peculiar twist on the feeling-image op. The very people who are portrayed, image-wise, as objects for us to invest feelings into, take their cues from this game as well: doctors act like the doctors on television; gangsters acts like gangsters on television; FBI agents and cops act like law-enforcement officers on television. They’re roped in, just like everyone else.
You’ve heard people say, So-and-so has become a caricature of himself. Well, that’s what it means. The person has projected massive feelings of approval into an image of himself—often an image shown on television.
As a society, we can go on this way until we become a horrific cartoon of ourselves (some people believe we’re already there), or we can step back and discover how we invest emotion into images, and then use that process to pour feeling into visions of our own choosing and invent better futures.
Since the dawn of time, leaders have portrayed themselves as gods. They’ve assembled teams to promote that image, so their followers could project powerful emotion into the image and thereby cement the leaders’ control and power.
The game isn’t new. Understanding the roots of it within each individual could, however, break the trance of mass mind control.
During the first West Nile “outbreak” of 1999, I spoke with a student who had just dropped out of medical school. He told me he’d been looking at electron-microscope photos of the West Nile Virus, and he suddenly realized he was “supposed to” invest feelings of fear in those images.
Somehow, he broke free from the image-feeling link. He was rather stunned at the experience. His entire conditioning as a medical student evaporated.
Parents all over the world are having the same experience vis-a-vis vaccines. They realize they’re supposed to invest fear in images of germs and disease, and they’re also supposed to invest feelings of hope and confidence in images of needles and vaccines. They see the game. They’re supposed to ignore evidence that vaccines are dangerous and ineffective. They’re supposed to remain victims of mass mind control.
But they’ve awakened.
We’ve all been taught that what we feel is always and everywhere out of our control. These feelings are simply part of us, and we have to act on them. The alternative would be to sit on them and repress them and turn into androids, robots.
This is simply not true. There are an infinite number of feelings, and as strange as it may sound, we can literally invent them.
This, it is said, is inhuman. It’s a bad idea. It’s wrong. It would lead us to “deserting the human community.”
Nonsense. That’s part of the propaganda of mind control. If the controllers can convince us that we’re working from a limited map of emotions and we have to stay within that territory, they can manipulate that limited set of feelings and trap us.
The power of art is that it shows us there are so many more emotions than we had previously imagined. We can be much freer than we supposed.
The synthetic world of mind control and the handful of feelings that are linked to images is what keeps us in thrall.
The natural world—the world of what we can be—is so much wider and more thrilling and revealing.
Late Monday night a federal judge in New York, Raymond Lohier, granted the Obama administration an “emergency” stay that temporarily blocks a ruling by U.S. District Judge Katherine Forrest last week blocking the NDAA.
“Lohier offered no explanation or rationale for the temporary stay. However, the Justice Department has asked the appeals court to block the injunction,” Politico reported late last night.
The Obama administration characterized the ruling by Forrest as unconstitutional.
The Justice Department said the ruling was “unprecedented” and argued that the executive has the right under the Constitution to detain anyone indefinitely without due process. The Fifth Amendment specifically mentions due process of law.
The NDAA also violates the “equal protection” clause of the 14th Amendment stating that all people be treated the same under the law.
The federal government argues that the National Defense Authorization Act did not expand its authority beyond what already existed under the 2001 Authorization for Use of Military Force (AUMF) , as interpreted by judges in Guantánamo Bay habeas corpus cases.
“This pernicious law poses one of the greatest threats to civil liberties in our nation’s history,” writes Brian J. Trautman. Under AUMF, “this law can be used by authorities to detain (forever) anyone the government considers a threat to national security and stability – potentially even demonstrators and protesters exercising their First Amendment rights.”
Documents produced by the Department of Homeland Security and fusion centers and subsequently leaked to the media target numerous organizations and individuals as threats to national security — including supporters of Ron Paul, returning veterans, and other “rightwing extremists.”
In the months ahead, the NDAA will likely become an invaluable tool for the government as the economy finally topples over a cliff and a violent conflagration engulfs the Middle East. Iran has promised to shut down the flow of oil out of the region if the United States and Israel invade. This would undoubtedly have a devastating effect on the world economy and would result in massive protests against the government.
Federal judge Raymond Lohier.
