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21 January 2011 Thought for the Week:

Homespun wisdom: You cannot make a silk purse out of a sow’s ears. [They are of two different structures/materials/fabrics (people, philosophies, cultures?]

• “The thief comes to destroy and to kill, I have come that you might have Life!”

Economic Hit Men: by John Perkins.
Watch: https://www.gilad.co.uk/writings/economic-hitmen.html

“US must stop resisting dollar decline and come under rule of New World Order”: George Soros:
Watch: http://theeconomiccollapseblog.com/archives/george-soros-the-united-states-must-stop-resisting-the-orderly-decline-of-the-dollar-the-coming-global-currency-and-the-new-world-order

“Greater love hath no man than to lay “his own life on the line to help rescue his fellow Queenslander in his dire need”.

Watch: Watch: Watch:  


by John Brett
Many thanks to folk from the other States for their commiserations and kind thoughts about this devastating event to hit us in Queensland. I and my family live above any flooding and from that isolated and comfortable position have observed the behaviour and performance of fellow Queenslanders to those in need, that should be taken to heart and deeply considered by everyone - far and wide.

The media keep emphasising the great community spirit: everybody helps all those they can. But that community spirit has been my experience all of my life. This constant observation and astonishment from the media indicates they are victims of their own incessant war of words that they use against us and to divide us. They imply: fancy all these people liking each other ! ! !

Comment that needs to be deeply considered
A very important comment from one of our better media commentators, who was struck by the amazing array of volunteer and Government institutions that exist in these circumstances, and sprang into action to help fellow Australians now and afterwards. The commentator compared it with the tragedy in the city of New Orleans, in the richest nation on earth. While often first in to other countries suffering a calamity, (where there might be mineral and oil loot to pick up afterwards) ‘turned a blind eye’ to their own people in a time of great need.

Besides established professional organisations such as the Police, Armed Services, Main Roads etc. here in Australia, there is this vast number of volunteer organisations with members who are trained and ‘on the ready’, but who are nowhere to be seen until the crisis arrives. They are effective and function because they are not only trained volunteers who function as a team, but are motivated by the spirit of service. But sadly, some Australians are now manifesting the same selfish spirit that can be seen in the behaviour of many a professional power-hungry bureaucrat; the spirit of service is missing. The corruption of power and money along with the incessant squabbles nullify their effectiveness and efficiency in the intervals between events.

I am sure the reader can think of those they have met within the CES, Fire brigades, St. John Ambulance, Red Cross, amateur radio operators and many more, who display the spirit of service and those who want to wield their little bit of power but have not come prepared for the practical, real task at hand.

And now for the clean up
Next for the folk in Queensland (and WA) comes the heart-breaking - and back-breaking - task of clean up. There exists the “Volunteers Australia Association”, which is now recruiting volunteers from all around Australia for the post, tragic, clean up and other events. Victorians, after experiencing those horrifying and tragic bushfires well know of the Association. Many volunteers travelled from all parts of this wide land to give a helping hand.
While so many of these organisations originated in the UK, members came here with the convicts, but the Australian environment and distances produced all these other voluntary groups; many of which have been copied around the world. Back in the 50's I was struck by the amazement of a Canadian delegation who I entertained as they examined our volunteer Bush Fire Brigade team. At the time I thought: “But everybody knows this - don't they"?

All this is another illustration about how effectively this country was built from the ground up by ordinary folk, but now being destroyed from the top down by the richest people in the nation, who clambered to ‘the top’ on the backs of those who pioneered this land and built up the communities, who were motivated by the spirit displayed by our volunteers today. We should be rejoicing in that spirit!  


by Henry Raynel, New Zealand
Conor English chief executive of federated farmers said ; “There is no such thing as a free lunch”. Conor English states governments only have three ways to get money: “Taxing or charging others who have earned it; selling assets or by borrowing”. New Economics campaigners do not accept this. The present banking and economic system was devised by man and can be changed.

Every human being is entitled to a free lunch provided by our Society’s Cultural Inheritance. Private enterprise is producing abundance. Our free lunch is God and Natures gift of raw materials and the sun’s harnessed energy that drives our inherited forefather’s technology and machines that today produce free goods and services of all descriptions.

Today’s economic fault is in pricing and incomes distribution. Incomes paid by industry and commerce are insufficient. The world body of New Economics claims every individual is entitled to and needs a supplementary income, (that does not enter into business costs), to give access to our Cultural Inheritance production.

It is past time the economists and politicians understood and accept the fact that machines cannot buy the production they make. Incomes paid by industry and commerce are not sufficient to purchase total prices generated by modern businesses. There is a gap between total incomes and total prices. This is caused by machines replacing human labour - i.e., human energy, and thereby reducing total incomes. Production of all goods and services is simply a conversion of one thing into another, and is primarily a matter of energy. As the best brains are continuously building more and better machines the incomes/prices “Gap” widens”. Jobs get scarcer.

Machines are killing jobs and reducing incomes, and most people still with a job have had their wages and salaries reduced - and incomes will continue to reduce as jobs become scarce causing job hunters to accept reduced conditions and incomes. Employers fight cost. No wonder there has been a general movement for more mothers to go to work to make ends meet. Internationally approximately four billion individuals are competing for jobs; immigrant job hunters are prowling the world chasing jobs. This is making more countries multicultural and tending to cause social tensions. Of course what they are really begging for is money to purchase the abundant goods and services that exists.

Economists provide politicians with schemes and strategy to grow more business and hence to grow more jobs. Incomes are still not enough. Machines and technology are continually destroying jobs. The incomes/prices “gap” widens. Bankers are printing, i.e. creating huge quantities of extra debt money in the hope that more production will be produced for our population to buy, or export.
Hopefully exports will clear the production surplus and bring income into New Zealand helping to fill the “Gap”, but this does not cure the fault of loss of income caused by machines. All nations are suffering outdated banking and economics.

Because the “Gap” will not be filled a double dip recession will continue to haunt us. Every nation is trying to fill the “Gap” by orthodox methods that are not working.

A real cure is available
The economic fault is that insufficient incomes are released for consumption from each cycle of production. Banks and their economists are living very comfortably and cannot be expected to change their system. They are doing OK. Unfortunately they will not modernise the present system until voters demand change. Voters need to demand that a supplementary income is paid regardless of other income. Every individual is entitled to receive a “National Dividend” to enable them to purchase their fair share of their Cultural Inheritance.

Every Mother and Father has in their heart the yearning for freedom with financial security, so does every individual whether teenage, middle age or old age. All struggle to get a job that pays a reasonable living wage. Having rearing children is becoming a sacrifice, a luxury. Neither Government nor Society must ask the existing banks to print extra debt money to finance society’s Cultural Inheritance free production. Society is already overloaded with bank debt.
Society needs to print some society-owned debt-free money that has no interest and no debt to repay; not too much not too little, sufficient to purchase our free Cultural Inheritance production and for this purpose it would be vitally important for Government to establish a State Money Authority independent of both bankers and politicians. This should be the main source of money for financing government spending. The Authority must be carefully constituted and independent to prevent interference or dictatorship by bankers or politicians. Result a better “Way of Life” for everybody. Any Government with the will can modernise banking and economics.

Comment by Robert Klinck of Canada: The people who say "There's no free lunch" should stop breathing the free air all around them!

Further reading: The Whole World in Debt Chains by C.H. Douglas -


1948-49 New Times journal:
At Bow Street yesterday, John Albert Smith, bookmaker's blower, aged 20, was charged under the Air Nationalisation Act of 1962 with having, contrary to the Law, inhaled air, the property of the State, otherwise than through an approved meter.
The Attorney General said that the Government took a very serious view of this case for it involved a particularly cunning fraud, which, but for the brilliant work of the Airleak Detection Department of Scotland Yard, might have gone unnoticed for years. Smith, in fact, whilst carrying on his back an approved meter which was apparently perfect in all respects, had made a series of small holes in the tubing near the nosepiece so that, in addition to the 3 cu. ft. of air per minute which was the ration to which he was entitled, he received black market air variously estimated to amount to between 1 and 2 cu. ft. per minute.

Smith, under interrogation, had admitted his fault but had endeavoured to mitigate it by saying that the nature of his work and the size of his frame, together with the extent of his chest development (which had a big expansion), called for an increase in his ration of more than 3 cu. ft. per minute, and he saw no reason why miners should be allowed 6 or, in some cases, 7 cu. ft., whilst he was constrained to make do on 3 cu. ft., on which ration he was unable satisfactorily to carry out his duties. He also added that it appeared to him that there seemed to be plenty of air about and that he could be doing no harm in making a few small holes in his tube.

Smith, having pleaded guilty, was asked whether he wished to say anything before sentence was passed. Having repeated more or less what he had said at the time of his arrest, Mr. Blank, the presiding magistrate, said: —

"The Attorney-General is well justified in saying that this is a most serious case. Not only serious in that a wrongful act has been done by a man old enough to know better, but serious too in showing the depraved state of the mind of the accused. He has the hardihood to assert that there is plenty of air about. One might well ask: what business is that of his?

"The Air Nationalisation Act of 1952 lays down quite clearly in Paragraph 1977, Section 2 (a) (i) that no one may have more air than is set out in Paragraph 1977, Section 3. Provision is, however, made in Paragraph 1981 for special cases, to which I will refer later.

"Meantime it is to be noted under Paragraph 1978 the air ration must be taken through an approved meter, which has to be taken to the Police Station for examination once a week. It is true that the defendant submitted his apparatus to the Police once a week, but the holes that he made were so small and so numerous that they could not be detected by examination with the naked eye, and no blame attached to the Police for not noticing that a crime had been committed.

"The defendant says that he thought no harm could come from his making a few small holes in his tube. 'His tube' indeed. Section 1979 of the Act to which I have referred makes it quite clear that the inlet, the meter, the tube, and the nosepiece are all State property, and it is very fortunate for the accused that the National Air Commissioners to whom he presumably, like the rest of us, pays the prescribed rent of £1,000 per week for the apparatus, have not brought an action against him for the mutilation of their property.

"Whilst in view of his comparative youth I have every wish to treat him leniently, I cannot overlook his neglect to present himself to the National Air Board Medical Advisory Committee with a view to satisfying them that his was a case for increased air ration under Paragraph 1981. Had they decided that his was an exceptional case they would doubtless have authorised the issue of emergency ration cards for an additional cube footage per minute. One can only surmise that he concluded that his chances of satisfying that body were not good. One can hardly suppose that he was so poor to be unable to afford, or so mean as to be unwilling to pay, their very modest charge for an examination, which I believe amounts to a mere £25,000.

"Upon the whole I think the case, which is a first offence, can be met by a fine of £200,000."

Smith thereupon asked for time to pay, saying that he had only £300,000 in his pocket and that he had promised to take his fiancée to the pictures that evening. The Magistrate declined to grant time, saying that he had little sympathy with improvident people who spent their money down to the last penny and that if Smith and his fiancée had in consequence of the fine to go into cheaper seats and go without cigarettes or ices, it was Smith's fault. Smith was a danger to Society, and if he again came before the Bench on a similar charge the fine would be £1,000,000 or ten days' imprisonment in default.


by Gabriel Donohoe; Source: http://foolscrow.wordpress.com/2011/01/04/irish-leaders-castigated-as-greatest-traitors-of-all-time/ January 4, 2011

The Irish Government has recently passed the harshest budget in the history of the State with further austerity promised for the next three years and perhaps for decades. Prime Minister Brian Cowen and Finance Minister Brian Lenihan have steered Ireland from the booming prosperity of a Celtic Tiger to a ruined shell of a country where unemployment, poverty, emigration, and despair are proceeding to destroy a once proud, industrious people.

Cowen and Lenihan also bear the ignominy of having brought in the International Monetary Fund who, along with EU banksters, are now dictating Irish fiscal policy. The IMF has long had a vulturish reputation for plundering weaker countries by stripping the flesh of its victims down to the bare bones. This repulsive scavenger is well known for promoting austerity and misery, grabbing national assets for its bankster and corporate friends, and leaving the skeleton of a country’s economy in its wake. The first piece of offal to be plucked from the Irish carcass by this opportunistic carrion eater was the nation’s €20 billion pension fund, the life savings of working people.

As a result of Ireland’s dramatic reversal of fortune the names of Brian Cowen and Brian Lenihan are now being reviled as the villains who inflicted horrendous financial disaster upon the Irish people and forced the enslavement of future generations to a criminal cadre of International Banksters.

The words ‘treason’, ‘traitors’, and ‘treachery’ are being increasingly used not only by ordinary citizens but also by certain politicians, economists, business leaders, and celebrities. ‘Economic treason’ was a term used by the leader of the Labour Party to describe Cowen and Lenihan’s blanket guarantee to the banks. And, incredibly, even the country’s ostensibly non-partisan police association, the GRA, accused the government of ‘treachery’ and denounced it as a ‘government of national sabotage’.

Today, Cowen and Lenihan are being compared to other traitors in history like Vidkun Quisling, a Norwegian politician who assisted the Nazis to conquer his native country; General Benedict Arnold, an American soldier who changed sides during the Revolution and betrayed his country to the British; and even Judas Iscariot, who betrayed his Master for 30 pieces of silver.

In Ireland, the names of Cowen and Lenihan now evoke the same revulsion as that reserved for Dermot MacMurrough, a 12th century King of Leinster who has been loathed for over 8 centuries as the man who brought the first English invaders to Ireland. In 1167, after a dispute with other Irish kings which led to his forced exile, MacMurrough persuaded an English army under the command of the Earl of Pembroke, known as ‘Strongbow’, to invade Ireland and help him take his kingdom back… And yet Brian Cowen and Brian Lenihan are reviled with the same detestation as that accorded the traitorous 12th century King of Leinster.

What did Cowen and Lenihan do to earn such public loathing?
On September 29th, 2008, a momentous event occurred. That evening, four of the most senior executives of Ireland’s two largest high street banks, Dermot Gleeson and Eugene Sheehy of Allied Irish Bank (AIB) and Brian Goggin and Richard Burrows of Bank of Ireland (BOI), called to Government Buildings for a hastily convened meeting with the Prime Minister, Brian Cowen, and the Minister for Finance, Brian Lenihan. Also present was the Irish Attorney-General, Paul Gallagher.

The banksters were frantic. As the property bubble was beginning to burst, their main rival, Anglo Irish Bank, was in serious trouble and the huge loss of liquidity could bring down the country’s entire financial system. Like Anglo Irish, AIB and BOI also had massive exposure to the developers and all were in danger of imminent collapse. The banksters implored the Government to do something, immediately, before the money markets opened the following morning.

Having received such stark news from the banksters, Cowen and Lenihan knew they had to move quickly and decisively. They would have to act, and be seen to act, without bias and without favouring any special interest groups. Their first duty was to ensure the welfare of the nation as a whole and to safeguard the financial interests of all the Irish people. But in this they failed utterly. One special interest group, the banksters, prevailed spectacularly over the interests of the Irish people. How did the banksters manage to wield such inordinate influence over crucial governmental policy?

A key disturbing fact about this meeting was never commented upon in the mainstream media. On the government side of the table sat Paul Gallagher, the Attorney-General, legal adviser to the Irish Government. On the banksters’ side of the table sat Dermot Gleeson, the AIB chairman and himself a former Irish Attorney-General. But, apart from both men holding the senior law office of the land, a more sinister connection between them remained undisclosed. They were both Bilderbergers.

For those who haven’t heard of the Bilderbergers, they are a brotherhood of unelected international banksters, corporatists, politicians, and others who meet secretly every year to formulate and manipulate world policy in finance, economics, trade, and any other area that they can control for their own selfish, globalist interests. It may well be that the presence of the two Bilderbergers, Gleeson and Gallagher, was just a coincidence but, considering such incredibly high stakes, it can be argued that Gallagher’s attendance as Attorney-General at such a crucial meeting generated a monumental conflict of interest. His Bilderberger connection clearly compromised him as legal adviser to the Irish Government, especially when his Bilderberger pal, Gleeson, was about to be on the receiving end of a whopping government bailout.

After a surprisingly short discussion with some members of the cabinet, the Attorney-General, and top civil servants, Cowen and Lenihan arrived at an ominous decision. They decided that the Government would guarantee all the liabilities of six Irish banks – not just customer and interbank deposits but also the full exposure of all bondholders! This amounted to some 450 billion euro, an astronomical figure which, if ever called upon, would destroy the country.

With the stroke of a pen Cowen and Lenihan shifted hundreds of billions of private debt incurred by greedy, fraudulent banksters and dumped it onto the backs of the Irish people.
This was an incredible act of treachery against the Irish nation. What could possess these two politicians to put their people into impossible debt and penury – perhaps for generations – just to save a few mega-rich banksters from taking a loss on their reckless gambling? Was it utter ineptitude or was it something more sinister than that?

As Marcellus said to Horatio in Shakespeare’s Hamlet, ‘Something is rotten in the State of Denmark.’ He said ‘Denmark’, but he might well have been describing present-day Ireland. This bank guarantee deal stinks to high heaven…! Well Australia when are you going to wake up?

The names of these bondholders are now a matter of public record, thanks to investigative journalists like Guido Fawkes (www.order-order.com).  


Matt Brockman, The Homeowners Revolt.Com has 14 years experience in Civil Litigation. 25 years experience in Mortgage and Real Estate Investment Acquisitions, he writes:
As a result of the recent investigation launched by the Florida Attorney General’s office, Bank Of America, GMAC Bank, JP Morgan Chase, and others, have all been found guilty of foreclosure fraud. Depositions by the banks employees revealed that the banks have been forging, falsifying, and fabricating documents in order to foreclose on millions of homes owned by unsuspecting American homeowners.

Additionally, Wells Fargo Bank has admitted to 55,000 counts of perjury in submitting false affidavits to the courts in its efforts to fraudulently foreclose on homeowners. To add to this disgusting, and arrogant display of lawlessness by the banks, nothing has been done by the Justice Department, or any other federal officials in the way of civil or criminal charges against the banks, until now.

Recently, The Arizona and Nevada Attorney Generals have filed a civil lawsuit against Bank Of America for fraud against homeowners seeking loan modification, and hopefully there will be more lawsuits on the way, as the Obama Administration has also launched a Financial Fraud Enforcement Task Force to investigate and prosecute financial crimes in the lending and financial markets. As bank fraud has already proved to be pervasive, lets hope that this task force has the political will and integrity to prosecute the banks, and the corrupt attorneys who represent them.

These are essentially mortgages that the banks knew they did not own, but were willing to break the law in order to put homeowners out on the streets to satisfy their insatiable greed for even more money. In spite of clear and convincing documented evidence, in the forms of deposition testimony by bank employees, the banks have been carrying on as if nothing ever happened, and federal officials have seemingly given them the green light to continue to break the law with impunity.

Until such time as the Department Of Justice, the SEC, and the Attorney Generals of each state decide to take action against these criminal banks, homeowners have no choice but to implement their own available legal strategies to fight to save their homes. Because most of these foreclosure cases involve the banks inability to produce the promissory note in order to prove they have any legal rights to foreclosure; homeowners have several legal strategies available to them in order to stop the banks from fraudulently foreclosing on their homes.

One of the more popular strategies employed of late is the “Produce The Note” Strategy. As a large percentage of mortgage loans were securitized, and sold to investors all over the world, it has been difficult, if not impossible, for the banks to produce the required documents that would establish their right to foreclosure, as those documents have been lost in the Wall Street ether. This is why the banks have attempted to forge and falsify the documents, but have been recently caught, and found guilty of fraud.

Secondly, the homeowner can also file a civil suit against the banks for fraud, and make them prove they are the rightful owner of the note who is authorized to foreclose on the homeowner’s property.

Last, but definitely not least, is the latest, and possibly most powerful strategy available, which does not require a homeowner to go to court at all. It is strictly an administrative process pursuant to The Administrative Procedures Act Of 1946, by which the homeowner is legally able to reconvey the property title back into his/her name, thereby revoking any authority by the bank to foreclose on the property, and taking the property back free and clear usually within 90 days.
This effectively puts the homeowner back in control, and forces the bank to deal with the homeowner, who now is negotiating from a position of strength, instead of begging the bank for help. The bank now has to go to the homeowner to resolve any title issues.

Until such time as our government officials decide that they will uphold, and enforce the rule of law, and the U.S Constitution, and not allow themselves to be bought by the banks lobbyist, the American homeowner must be willing to fight for their constitutional rights, and homes by any legal means necessary against the Federal Reserve, the banks, and the wealthy Wall Street barons, who created this mess with the full intention of fleecing the American (and Australian...ed) citizens from all of their remaining wealth in the form of equity in their homes.

Source: https://www.stockmarketsreview.com/realestate/2010/12/28/banks-found-guilty-of-foreclosure-fraud/  


To the Editor, The Age,
Emma Borghesi is right to defend the virtues of tolerance, respect and courtesy in association with that of free speech (12/1), but one problem that she has overlooked is that crafty political activists nowadays routinely apply terms like 'hate-mongering' and 'racism' to reasonable public statements by dissident commentators whose views these activists find threatening to their own interests.
In Europe a significant number of honourable persons are now in gaol as a result. The community should be very wary of any attempts to limit free speech, no matter how decent and honourable they seem.

- - Nigel Jackson, Belgrave Victoria  

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