Winter Patriot Community Blog

I was thinking about all this the other day and you know great minds think alike. This is very important stuff and I encourage everyone to read it if they haven't already.

There's a lot to absorb, and it takes a bit of time and effort and concentration, which puts it beyond some people, to be sure. But fortunately our readers here are very keen and bright, and they won't have any trouble with the material.

In a nutshell: We've all been betrayed by the people who were supposed to be protecting us, and that ain't the half of it.

Thanks again, James, and best wishes to all.

Very good read second time around, James! I think I'm getting better at this stuff. I should re-read these posts more often.
I had forgotten about the Deep Capture info, it feels like forever ago.

I liked Yiamouyiannus suggestions at the end of his article. I believe you made some similar, excellent suggestions in some of your other posts.

"We can help each other fortify and maintain our health through community programs and “medical tourism”, cutting out health insurance and medical industry parasites. We can set up or join intellectually and socially edifying cultural groups. In short we can exercise civil disobedience, refuse to be stooges, create our own spaces, and and recommit to spend time and energy where our true heart lies, free from the delusional temptations of a corporate-driven reason for life that has shown itself to be both conclusively abusive and unfulfilling.

In the end, they need us, and we don’t need them. This is the only “this life” we are going to have. It’s a lot more adventurous and enhancing to be a cultural creative then a debt slave. So, what are we waiting for?"

I have been thinking a lot about how we survive this and it seems to me coming together as communities and being of service to one another is the direction we need to take. This is not so foreign to me as it may be to others, having been raised on the Canadian prairies. I am old enough to remember the community events and the pooling of resources. This is the only way my grandparents were able to survive the harsh prairie environment. Even when I was younger, our families planted large gardens together (on the family farm) producing enough veggies for three families for several months. We also helped with the annual harvest and went out together to pick wild berries and other fruits, and mushrooms etc. We canned and preserved pretty much everything we got our hands on and I still do. Then there were eggs, milk, cream, beef, pork and chicken, all of which tasted delicious... I could go on.....

When we moved to BC when I was in my late teens, one of the hardest things for us to adjust to was the 'lack of community'. And it wasn't that people here were not friendly just that they didn't come together in the same way to get things done. You know, the "barn raising" mentality. Literally, and I don't think I am exaggerating or being over nostalgic, if others needed help building something such as a barn, or if someone was sick or injured at harvest time etc. the neighbours all pitched in and got it done. Sadly, that lifestyle has diminished over years as the majority of small, family run farms have given way to the modern farming practices. The independent farmer is hard pressed to make end meets.

I guess it comes down to really caring about one another and being willing to give of yourself. Make yourself useful to the universe and then the universe will have a reason to look after you.

This was probably a bit off topic but just where my mind went on this one. It may have something to do with being up to my armpits in garden produce.

First apologies for dragging this off topic-
James don't know if you read my post from the other day, but, I left a note for you.
You were right on the money with the thought that the writer from the UK, in hiding from Syria was MI6!
You completely nailed it!

As for the garden. I got one and it is work but worth it.
Right now I have beets frozen for winter and zucchini, I am going to freeze more. (bought a vacuum sealer to help out)
Cucumbers, So far this week I think we have picked about 25 of them, way to much for us. So we have been giving them away. THere will be more in another couple days.
I did find a delicious recipe for zucchini pancakes!
And yes, compost helps alot!

I will give the soapy water a try tonight.
I did also find that as a suggested remedy on a few other blogs but there was so much information I became overwhelmed and didn't do anything about them yet.
And thanks for the interesting links McJ. Interesting times, these are...

Yes, of course, McJ. Who shall i make the cheque out to? Top find, btw!

If Bloombergs are publishing an article saying it won't work and all the talking heads quoted are singing the same song, then i think it is reasonable for the casual but intelligent reader to assume that it will work, indeed. A lot of the wording in the article is very misleading and deceptive

"The problem with a partial ban -- which is what we have now -- is that it moves the problem to other parts of the system,”

Is this true? (I wonder if this guy is aware that he's saying short selling is a problem.)

Yes it is true in the sense that short sellers will look elsewhere for shorting opportunities. But if these short sellers are specifically targeting European banks (which it seems they are) then that specific problem has no where else to go.

These short sellers will be the big hedge funds of New York and London which have a preponderance of Jewish bankers behind them. And Bloombergs speaks for these people. So they have been checkmated for the time being. Meanwhile the European bankers' move through their respective governments to ban short selling highlights the essential problem involved. And as you pointed out, McJ, their opponents through their squealing have further exposed this problem. And it is a problem. And it is staring everyone in the face.

These markets are supposed to be for investors buying and selling their investments. They are NOT designed for speculators to sell shares they do not have and justify it by saying they are 'correcting the price' for everyone's else's benefit. It's bizarre logic even by their own mantra of supply and demand setting the correct price in the market place. How can that happen when some one can create infinite supply at no cost and pour it into the market?

Not that i have any sympathy for the Euro banks. They have known all along that it is a problem. They have implemented this ban to save their own skins. They've had years to do it and could have saved a lot of relatively ordinary people a lot of money and grief. No doubt, these same banks were amongst the sharks preying on these same people.

The thing is, if you are going to swim with the sharks, you have to make sure you are the biggest shark in the pool and/or be able to trust your fellow sharks.

I think the moral is clear

Liquidity, which loosely translates as how much money there seems to be about, is a product of the amount of money on issue (the Money Supply) and its "velocity" i.e. how fast it is being used in trade.

Velocity is measured by how many times the whole money supply turns over in one year. It normally hovers around 1 times. In boom times it will go up to 1.1 times and in depressed times down to 0.9. So it can easily vary 20% though sentiment. But this sentiment is in response to the effects of the shrinking of the money supply by the banks in the first place.

It is interesting to note at this point that the GDP of a country, the amount of production for a given year in a country, is equal to this figure of Money Supply multiplied by Velocity. The reason they are equal to each other is because GDP is a direct consequence of the money available to buy this production.

The banks shrink it by not issuing new loans at the same rate as old loans are being paid off. So new money is created at a lower rate that money is being extinguished (for want of a better word!). It is a very simple mechanism for controlling and exploiting our economies and it is further exacerbated by public sentiment or psychology.

Anyone who understands the above two points knows more about the true functioning of an economy than most graduates with economics degrees. The reason being is that this and the consequences of it is not taught in their degree courses.

So 'Liquidity' is a function of both public and corporate confidence together with banking connivance in increasing or decreasing the amount of money in circulation.

The whole banking system is ultimately hot air because the thing that makes anything money only exists in peoples minds and their willingness to play along and their confidence that others will continue to play, too

Lehman Bros was brought down by other banks taking the lead of the Fed and the SEC, refusing to extend them credit. Lehman Bros were cut out of the system or thrown off the 'raft' to use the metaphor in the quoted article. Other banks stopped playing the game. People then lost confidence and the end result was a certainty. ANY bank will fail if subjected to that.

Reading you guys is always an education. Thank you.
A couple of questions: What will the powers that be get from destablizing more of Europe(via their banks), is it more control, closer to NWO, or just plain get richer(which of course translates to more power)?
How do some/any of you think the London/English riots were a part of all this?

Thanks very much. James.

Delaying the inevitable....

http://www.sco.ca.gov/eo_news_registeredwarrants.html
"Without action by the Governor and Legislature to stave off a severe cash deficit, the Controller was forced to issue individual registered warrants, also called IOUs, beginning July 2, 2009.
Payment delays, like those used in February to manage a smaller cash crisis, will not provide sufficient resources to meet the State’s obligations.
A registered warrant is a “promise to pay,” with interest, that is issued by the State when there is not enough cash to meet all of the State’s payment obligations.
If there is sufficient cash available, registered warrants, or IOUs, will be paid by the State Treasurer on October 2, 2009. If the Pooled Money Investment Board (PMIB) determines there is sufficient cash available for redemption at an earlier date, they may be redeemed earlier than October 2, 2009. These IOUs are issued in the place of regular warrants, or checks. The interest rate, set by the PMIB on July 2, 2009, is 3.75% per year.
The State Constitution, federal law and court orders protect education, debt service, state payroll, pensions, In-Home Supportive Services and Medi-Cal providers. In July, those payments will be made with regular, or “normal,” warrants.
However, due to the cash shortage, the State has no alternative but to issue registered warrants, or IOUs, to private businesses, local governments, taxpayers receiving income tax refunds and owners of unclaimed property.
The Controller's office produced a chart illustrating the severity of the cash deficit and why the State was being forced to issue IOUs. (Click on this link for a larger PDF version of the chart.)
Registered warrants are issued in the same manner as regular, or normal, pay warrants, and will be issued on the same day a normal warrant is scheduled to be issued. Registered warrants, or IOUs, are legal negotiable instruments that are paid with interest."

Or maybe not...

Colonial Finance Redux In The California Republic
Posted on October 31, 2010
By: John Ford
http://currencycommonsvt.org/2010/10/colonial-finance-redux-in-the-calif...
(Good article, worth the read, I believe. )

Snip:
California decided to get hip and get into the money issuing business, albeit for a short period of time, by issuing IOU registered warrants to pay state vendors and issue tax refunds to residents totaling $3 billion. And what do you do with a registered warrant? Well, you have a couple of options. One of the ways that a warrant functioned was like a post dated check. The state of California says sorry, but we are broke and here’s a warrant, but you will have to hold it until October of this year to get your money with interest of 3.75%. That’s if you can find a bank that is willing to redeem the warrant for US dollars, and many of them would not.

Supposing that you have a window cleaning business to clean windows in state buildings for $5000 per month and you soon find out that the checks not in the mail, and what you get instead was a warrant that’s going to get stuffed in your wallet until October. And meanwhile you have employees that need to be paid. Remember now, that according to the state Controller that warrant is a negotiable instrument meaning that it can be circulated by being endorsed by the original payee and can be redeemed by the bearer. So the first month you get paid with this warrant and realize you are pretty strapped for cash and so instead of stuffing that warrant in your wallet, you decide to endorse it over to a family member who has the cash and wouldn’t mind collecting the 3.75% interest on the warrant and gives you the cash for immediate use. (California would only pay the interest to the original payee and not to the bearer of the warrant) But suppose you didn’t need the cash and in fact you had a number of bills that needed to be paid to the state of California like your taxes for example, or tuition to a state college. Assembly Bill 1506 says “for the payment of any obligation owed by that payee to that state agency”. So you put a stamp on the envelope, endorse the warrant and send it off to the state of California. And voila, you have just stepped out of the matrix of the US dollar and into the strange new world of parallel currencies.
With the stroke of a pen you and the state of California have teamed up and gone into the money creation business engaged in the very same activity as the Colonial states and their bills of credit where they utilized essentially a parallel currency system. In parallel systems of exchange both you, the State and your piers always have more then one way of engaging in exchange. In the Colonial states, internal commerce was carried on with colonial scrip, while trade with other countries was gold coin. California, by utilizing registered warrants in 1992 and again in 2009 has morphed into an open source system of exchange that operates in its dual capacity in both US dollars and registered warrants. And although the warrants were intended simply as a stop-gap measure in a deficit crisis and were somewhat clumsy and limited in their application, they nevertheless fulfill the basic requirements necessary for a parallel currency system primarily due to the fact that the state accepts them as payment for taxes and fees, a measure that immediately imparts value to them, and that the warrants were intended to circulate between the state and the taxpayers and between individual citizens.
By taking the step to issue warrants, California has trespassed into the forbidden zone outlined in the Constitution regarding bill of credit where it states “…..no state shall coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts.” In Craig v. Missouri, 29 U.S. 410 (1830) the court reestablishes the definition of bills of credit outlining the differences between a bill of credit and a municipal bond where a bill of credit is a paper medium of exchange that circulates between citizens and citizens and government. And although California did not impart legal tender status to the warrants, they were clearly intended to circulate for ordinary purposes of exchange in society. If California were to embark on a more aggressive policy of issuing warrants then they would no longer be revenue constrained as are all non-sovereign governments and their deficit problems would be over. And they are over because the state of California in its capacity as a sovereign would become an issuer of money, no longer limited to raising revenue by taxing and borrowing. When the IOU warrants become functionally like a currency, the limitations of closed source systems and budget deficits no longer apply. A sovereign entity does not necessarily need to raise revenue before it can spend. Quite the contrary. In a sovereign credit system of finance the function of taxation is not limited to raising revenue. Taxation works to impart value to fiat currencies to secure their standing as a medium of exchange and to maintain an adequate velocity of this currency by keeping it moving out of the system. By invoking the power of seignorage (money creation) governments are Never revenue constrained, but act according to the primary fundamentals of economic stewardship that ensure that money works for the benefit of the citizens and not for the exclusive domain of a private financial cartel.

A small town in central Italy is trying to go independent and mint its own money in protest at government austerity cuts.
http://www.cnbc.com//id/44322945

There's a superb article by Washington State economist Dick Eastman that explains the monetary situation, and remedy, as well as any I've seen: search "Belling the Rothschild Cat".

Another part of the remedy involves curtailing corporate charters, which have grown absurdly permissive since the 1800s as various crafty businesspeople have shielded themselves behind corporations that assumed the status of "persons" with limited liability. Earlier on, corporations tended to have strictly defined 20-year charters, that would be renewed or not – depending on their behaviour!