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FOURTH TURNING: THE PEOPLE vs BIG BROTHER « The Burning Platform

FOURTH TURNING: THE PEOPLE vs BIG BROTHER « The Burning Platform.

 

“The risk of catastrophe will be very high. The nation could erupt into insurrection or civil violence, crack up geographically, or succumb to authoritarian rule. If there is a war, it is likely to be one of maximum risk and effort – in other words, a total war. Every Fourth Turning has registered an upward ratchet in the technology of destruction, and in mankind’s willingness to use it.” – Strauss & Howe – The Fourth Turning

 

 

 

“In the need to develop a capacity to know what potential enemies are doing, the United States government has perfected a technological capability that enables us to monitor the messages that go through the air. Now, that is necessary and important to the United States as we look abroad at enemies or potential enemies. We must know, at the same time, that capability at any time could be turned around on the American people, and no American would have any privacy left such is the capability to monitor everything—telephone conversations, telegrams, it doesn’t matter. There would be no place to hide.

 

If this government ever became a tyrant, if a dictator ever took charge in this country, the technological capacity that the intelligence community has given the government could enable it to impose total tyranny, and there would be no way to fight back because the most careful effort to combine together in resistance to the government, no matter how privately it was done, is within the reach of the government to know. Such is the capability of this technology.

 

I don’t want to see this country ever go across the bridge. I know the capacity that is there to make tyranny total in America, and we must see to it that this agency and all agencies that possess this technology operate within the law and under proper supervision so that we never cross over that abyss. That is the abyss from which there is no return.” – Frank Church on Meet the Press regarding the NSA – 1975

 

Ever since Edward Snowden burst onto the worldwide stage in June 2013, I’ve been wondering how he fits into the fabric of this ongoing Fourth Turning. This period of Crisis that arrives like clockwork, 60 to 70 years after the end of the previous Fourth Turning (Civil War – 66 years after American Revolution, Great Depression/World War II – 64 years after Civil War, Global Financial Crisis – 62 years after World War II), arrived in September 2008 with the Federal Reserve created collapse of the global financial system. We are now five and a half years into this Fourth Turning, with its climax not likely until the late-2020’s. At this point in previous Fourth Turnings a regeneracy had unified sides in their cause and a grey champion or champions (Ben Franklin/Samuel Adams, Lincoln/Davis, FDR) had stepped forward to lead. Thus far, no one from the Prophet generation has been able to unify the nation and create a sense of common civic purpose. Societal trust continues to implode, as faith in political, financial, corporate, and religious institutions spirals downward. There is no sign of a unifying regeneracy on the horizon.

 

The core elements of this Fourth Turning continue to propel this Crisis: debt, civic decay, global disorder. Central bankers, politicians, and government bureaucrats have been able to fashion the illusion of recovery and return to normalcy, but their “solutions” are nothing more than smoke and mirrors exacerbating the next bloodier violent stage of this Fourth Turning. The emergencies will become increasingly dire, triggering unforeseen reactions and unintended consequences. The civic fabric of our society will be torn asunder.

 

In retrospect, the spark might seem as ominous as a financial crash, as ordinary as a national election, or as trivial as a Tea Party. The catalyst will unfold according to a basic Crisis dynamic that underlies all of these scenarios: An initial spark will trigger a chain reaction of unyielding responses and further emergencies. The core elements of these scenarios (debt, civic decay, global disorder) will matter more than the details, which the catalyst will juxtapose and connect in some unknowable way. If foreign societies are also entering a Fourth Turning, this could accelerate the chain reaction. At home and abroad, these events will reflect the tearing of the civic fabric at points of extreme vulnerability – problem areas where America will have neglected, denied, or delayed needed action.” – The Fourth Turning – Strauss & Howe

 

Debt

 

The core crisis element of debt is far worse than it was at the outset of this Crisis in September 2008. The National Debt has risen from $9.7 trillion to $17.5 trillion, an 80% increase in five and half years. It took 215 years for the country to accumulate as much debt as it has accumulated since the start of this Crisis. We continue to add $2.8 billion a day to the National debt, and the president declares it is time for this austerity to end. The total unfunded liabilities of the Federal government for Social Security, Medicare, Medicaid, government pensions and now Obamacare exceeds $200 trillion and is mathematically impossible to honor. Corporate debt stands at an all-time high. Margin debt is at record levels, as faith in the Federal Reserve’s ability to levitate the stock market borders on delusional. Consumer debt has reached new heights, as the government doles out subprime auto loans to deadbeats and subprime student loans to future University of Phoenix Einsteins. Global debt has surged by 40% since 2008 to over $100 trillion, as central bankers have attempted to cure a disease caused by debt with more debt.

 

All of this debt accumulation is compliments of Bernanke/Yellen and the Federal Reserve, who have produced this new debt bubble with their zero interest rate policy and quantitative easing that has driven their balance sheet from $935 billion of mostly Treasury bonds in September 2008 to $4.2 trillion of toxic mortgage garbage acquired from their owners – the insolvent Too Big To Trust Wall Street banks. This entire house of cards is reliant upon permanently low interest rates, the faith of foreigners in our lies, and trust in Ivy League educated economists captured by Wall Street. This debt laden house of cards sits atop hundreds of trillions of derivatives of mass destruction used by the Wall Street casinos to generate “riskless” profits. When, not if, a trigger ignites this explosive concoction of debt, the collapse will be epic and the violent phase of this Fourth Turning will commence.

 

Civic Decay

 

The core crisis element of civic decay is evident everywhere you turn. Our failed public educational system is responsible for much of the civic decay, as a highly educated critical thinking populace is our only defense against a small cabal of bankers and billionaires acquiring unwarranted influence and control over our country. Our children have been taught how to feel and to believe government propaganda. The atrocious educational system is not a mistake. It has been designed and manipulated by your owners to produce the results they desire, as explained bluntly by George Carlin.

 

 

 

 

 

“There’s a reason that education sucks, and it’s the same reason it will never ever ever be fixed. It’s never going to get any better, don’t look for it. Be happy with what you’ve got. Because the owners of this country don’t want that. I’m talking about the real owners now, the big, wealthy, business interests that control all things and make the big decisions. They spend billions of dollars every year lobbying to get what they want. Well, we know what they want; they want more for themselves and less for everybody else. But I’ll tell you what they don’t want—they don’t want a population of citizens capable of critical thinking. They don’t want well informed, well educated people capable of critical thinking. They’re not interested in that. That doesn’t help them. That’s against their interest.”

 

The urban ghettos become more dangerous and uninhabitable by the day. The inner cities are crumbling under the weight of welfare spending and declining tax revenues. The very welfare policies begun fifty years ago to alleviate poverty have hopelessly enslaved the poor and ignorant in permanent squalor and destitution. The four decade old drug war has done nothing to reduce the use of drugs. It has benefited the corporate prison industry, as millions have been thrown into prison for minor drug offenses. Meanwhile, millions more have been legally addicted to drugs peddled by the corporate healthcare complex. The culture warriors and advocates of new rights for every special interest group continue their never ending battles which receive an inordinate amount of publicity from the corporate media. Class warfare is simmering and being inflamed by politicians pushing their particular agendas. Violence provoked by race and religion is growing by the day. The fault lines are visible and the imminent financial earthquake will push distress levels beyond the breaking point. Once the EBT cards stop working, all hell will break loose. Three days of panic will empty grocery store shelves and the National Guard will be called out to try and restore control.

 

Global Disorder

 

The core crisis element of global disorder is evident everywhere you turn. The false flag revolution in the Ukraine, initiated by the U.S. and EU in order to blunt Russia’s control of natural gas to Europe, has the potential to erupt into a full blown shooting war at any moment. The attempt by Saudi Arabia, Israel and the U.S. to overthrow the Syrian dictator in order to run a natural gas pipeline across their land into Europe was blunted by Russia. Iraq is roiled in a civil war, after the U.S. invaded, occupied and destabilized the country. After 12 years of occupation, Afghanistan is more dysfunctional and dangerous than it was before the U.S. saved them from the evil Taliban. Unrest, violent protests, and brutal measures by rulers continue in Egypt, Turkey, Thailand, Venezuela, Bahrain, Brazil, and throughout Africa. American predator drones roam the skies of the world murdering suspected terrorists. The European Union is insolvent, with Greece, Spain, Italy and Portugal propped up with newly created debt. Austerity for the people and prosperity for the bankers is creating tremendous distress and tension across the continent. A global volcanic eruption is in the offing.

 

It is clear to me the American Empire is in terminal decline. Hubris, delusion, corruption, foolish disregard for future generations and endless foreign follies have set in motion a chain of events that will lead to a cascading sequence of debt defaults, mass poverty, collapsing financial markets, and hyperinflation or deflation, depending on the actions of feckless bankers and politicians. There is no avoiding the tragic outcome brought on by decades of bad choices and a century of allowing private banking interests to control our currency. The “emergency” QE and ZIRP responses by the Federal Reserve to the Federal Reserve created 2008 financial collapse continue, even though the propaganda peddled by the Deep State tries to convince the public we have fully recovered. This grand fraud cannot go on forever. Ponzi schemes no longer work once you run out of dupes. With societal trust levels approaching all-time lows and foreign countries beginning to understand they are the dupes, another global financial crisis is a lock.

 

The Snowden Factor

 

With ten to fifteen years likely remaining in this Fourth Turning Crisis, people familiar with generational turnings can’t help but ponder what will happen next. Linear thinkers, who constitute the majority, mistakenly believe things will magically return to normal and we’ll continue our never ending forward human progress. Their ignorance of history and generational turnings that recur like the four seasons will bite them in the ass. We are being flung forward across the vast chaos of time and our existing social order will be transformed beyond recognition into something far better or far worse. The actual events over the coming decade are unknowable in advance, but the mood and reactions of the generational archetypes to these events are predictable. The actions of individuals will matter during this Fourth Turning. The majority are trapped in their propaganda induced, techno distracted stupor of willful ignorance. It will take a minority of liberty minded individuals, who honor the principles of the U.S. Constitution and are willing to sacrifice their lives, to prevail in the coming struggle.

 

Despite fog engulfing the path of future events, we know they will be propelled by debt, civic decay, and global disorder. Finding a unifying grey champion figure seems unlikely at this point. I believe the revelations by Edward Snowden have set the course for future events during this Fourth Turning. The choices of private citizens, like Snowden, Assange, and Manning, have made a difference. The choices we all make over the next ten years will make a difference. A battle for the soul of this country is underway. The Deep State is firmly ingrained, controlling the financial, political and educational systems, while using their vast wealth to perpetuate endless war, and domination of the media to manipulate the masses with propaganda and triviality. They are powerful and malevolent. They will not relinquish their supremacy and wealth willingly.

 

Snowden has revealed the evil intent of the ruling class and their willingness to trash the Constitution in their psychopathic pursuit of mammon. The mass surveillance of the entire population, locking down of an entire city in pursuit of two teenagers, military training exercises in major metropolitan areas, militarization of local police forces by DHS, crushing peaceful demonstrations with brute force, attempting to restrict and confiscate guns, molesting innocent airline passengers, executive orders utilized on a regular basis by the president, and treating all citizens like suspects has set the stage for the coming conflict. Strauss & Howe warned that history has shown armed conflict is always a major ingredient during a Fourth Turning.

 

“History offers even more sobering warnings: Armed confrontation usually occurs around the climax of Crisis. If there is confrontation, it is likely to lead to war. This could be any kind of war – class war, sectional war, war against global anarchists or terrorists, or superpower war. If there is war, it is likely to culminate in total war, fought until the losing side has been rendered nil – its will broken, territory taken, and leaders captured.” – The Fourth Turning – Strauss & Howe -1997

 

It appears to me the Deep State is preparing for armed conflict with the people. Why else would they be utilizing Big Brother methods of surveillance, militarization of police forces  and Gestapo like tactics of intimidation to control the masses? This doesn’t happen in a democratic republic where private individuals are supposed to know everything done by public government servants, not vice versa. They know the cheap, easy to access energy resources are essentially depleted. They know the system they have built upon a foundation of cheap energy and cheap debt is unsustainable and will crash in the near future. They know their fiat currency scheme is failing.They know it is going to come crashing down.  

 

They know America and the world will plunge into an era of depression, violence, and war. They also know they want to retain their wealth, power and control. There is no possibility the existing establishment can be purged through the ballot box. It’s a one party Big Brother system that provides the illusion of choice to the Proles. Like it or not, the only way this country can cast off the shackles of the banking, corporate, fascist elites, and the government surveillance state is through an armed revolution. The alternative is to allow an authoritarian regime, on par with Hitler, Stalin and Mao, to rise from the ashes of our financial collapse.This is a distinct possibility, given the ignorance and helplessness of most Americans after decades of government education and propaganda.       

 

The average mentally asleep American cannot conceive of armed conflict within the borders of the U.S. War, violence and dead bodies are something they see on their 52 inch HDTVs while gobbling chicken wings and cheetos in their Barcalounger. We’ve allowed a banking cartel and their central bank puppets to warp and deform our financial system into a hideous façade, sold to the masses as free market capitalism. We’ve allowed corporate interests to capture our political system through bribery and corruption.

 

We’ve allowed the rise of a surveillance state that has stripped us of our privacy, freedom, liberty and individuality in a futile pursuit of safety and security. We’ve allowed a military industrial complex to exercise undue influence in Washington DC, leading to endless undeclared wars designed to enrich the arms makers. We’ve allowed the corporate media and the government education complex to use propaganda, misinformation and social engineering techniques to dumb down the masses and make them compliant consumers. These delusions will be shattered when our financial and economic system no longer functions. The end is approaching rapidly and very few see it coming.

 

Glory or Ruin?

 

The scenario I envision is a collapse of our debt saturated financial system, with a domino effect of corporate, personal, and governmental defaults, exacerbated by the trillions of currency, interest rate, and stock derivatives. Global stock markets will crash. Trillions in paper wealth will evaporate into thin air. The Greater Depression will gain a choke-hold around the world. Mass bankruptcies, unemployment and poverty will sweep across the land. The social safety net will tear under the weight of un-payable entitlements. Riots and unrest will breakout in urban areas. Armed citizens in rural areas will begin to assemble in small units. The police and National Guard will be unable to regain control. The military will be called on to suppress any and all resistance to the Federal government. This act of war will spur further resistance from liberty minded armed patriots. The new American Revolution will have begun. Leaders will arise in the name of freedom. Regional and local bands of fighters will use guerilla tactics to defeat a slow top heavy military dependent upon technology and vast quantities of oil. A dictatorial regime may assume power on a Federal level. A breakup of the nation into regional states is a distinct possibility.

 

With the American Empire crumbling from within, our international influence will wane. With China also in the midst of a Fourth Turning, their debt bubble will burst and social unrest will explode into civil war. Global disorder, wars, terrorism, and financial collapse will lead to a dramatic decrease in oil production, further sinking the world into depression. The tensions caused by worldwide recession will lead to the rise of authoritarian regimes and global warfare. With “advances” in technological warfare and the proliferation of nuclear warheads, this scenario has the potential to end life on earth as we know it. The modern world could be set back into the stone-age with the push of a button. There are no guarantees of a happy ending for humanity.

 

The outcome of this Fourth Turning is dependent upon the actions of a minority of critical thinking Americans who decide to act. No one can avoid the trials and tribulations that lie ahead. We will be faced with immense challenges. Courage and sacrifice will be required in large doses. Elders will need to lead and millennials will need to carry a heavy load, doing most of the dying. The very survival of our society hangs in the balance. Edward Snowden has provided an example of the sacrifice required during this Fourth Turning. How we respond and the choices we make over the next decade will determine whether this Fourth Turning will result in glory or ruin for our nation.

 

“Eventually, all of America’s lesser problems will combine into one giant problem. The very survival of the society will feel at stake, as leaders lead and people follow. The emergent society may be something better, a nation that sustains its Framers’ visions with a robust new pride. Or it may be something unspeakably worse. The Fourth Turning will be a time of glory or ruin.” – Strauss & Howe – The Fourth Turning

 

Click these links to read the first two parts of this three part series:

 

Do No Evil Google – Censor & Snitch for the State

 

Google, China, the NSA and the Fourth Turning

When Net Neutrality Becomes Programmed Censorship Washington’s Blog

When Net Neutrality Becomes Programmed Censorship Washington’s Blog.

Guest Post By Sartre, BATR.

The worst fears of all free speech proponents are upon us. The Verizon suit against the Federal Communications Commission, appellate decision sets the stage for a Supreme Court review. The Wall Street Journal portrays the ruling in financial terms: “A federal court has tossed out the FCC’s “open internet” rules, and now internet service providers are free to charge companies like Google and Netflixhigher fees to deliver content faster.”

In essence, this is the corporate spin that the decision is about the future cost for being connected.

“The ruling was a blow to the Obama administration, which has pushed the idea of “net neutrality.” And it sharpened the struggle by the nation’s big entertainment and telecommunications companies to shape the regulation of broadband, now a vital pipeline for tens of millions of Americans to view video and other media.

For consumers, the ruling could usher in an era of tiered Internet service, in which they get some content at full speed while other websites appear slower because their owners chose not to pay up.

“It takes the Internet into completely uncharted territory,” said Tim Wu, a Columbia University law professor who coined the term net neutrality.”

What the Journal is not telling you is that this “uncharted territory” is easy to project. If ISP’s will be able to charge varied rates or decide to vary internet speed, it is a very short step towards selectively discriminate against sites based upon content. Do not get lulled into thinking that constitutional protective political speech is guaranteed.

Once again, the world according to the communication giants paint a very different interpretation as the article, Verizon called hypocritical for equating net neutrality to censorship illustrates.

“Verizon’s argument that network neutrality regulations violated the firm’s First Amendment rights. In Verizon’s view, slowing or blocking packets on a broadband network is little different from a newspaper editor choosing which articles to publish, and should enjoy the same constitutional protection.”

The response from advocates of the Net Neutrality standard, that is about to vanish, sums up correctly.

“The First Amendment does not apply, however, when Verizon is merely transmitting the content of third parties. Moreover, these groups point out, Verizon itself has disclaimed responsibility for its users’ content when it was convenient to do so, making its free speech arguments ring hollow.”

Prepare for the worst. The video, Prepare To Be Robbed. Net Neutrality Is Dead!, which includes frank language and expletives, provides details that place the use of internet access into question coming out of this appellate decision.

Analyze the implications logically. It is one thing to charge a for profit service like Netflix a higher fee to transverse the electronic bandwidth of a communication network. Selling a membership to an end user is the source of their cash flow. However, most activist political sites usually provide internet users free access to their particular viewpoint and source links.

Your internet service provider controls the pipeline that feeds your devices and data connection. No matter which company you pay for this service, you are dependent upon this union. A free WiFi link may well become a memory. Beaming a satellite signal, mostly is an alternative, when DSL, cable or other broadband is not available.

No matter what method is used to surf the net, this decision clearly implies that internet access is now a privilege, at the effective discretion, if not mercy; of a provider that allow an account for service.

Next, consider the implication that search engines will use this decision to re-work their algorithms lowering their spider bots selection of sites that challenge the “PC” culture. Restrictive categorization used for years by Google, Yahoo and Bing can use this decision as cover to purge dissenting sites even more from their result rankings.

It is common knowledge that YouTube censors and targets certain uploads. One particular subject that experiences technical glitches is Fukushima. The video You Tube Censoring Truther Channels explains the drill. Add to the frustration are the ads, especially the ones with no skip option and imagine future requirements for uploading approval. What is next, a paid subscription to use and upload to the service?

Yes, the Ending Net Neutrality Signals A Digital Paradigm Shift. It also means that they could unfairly push sites like (add the name of your favorite sites) out of the way of users if they (the “PC” protectors) didn’t like them, acting as effective censors.

Stephen Lendman writes in Digital Democracy vs. Corporate Dominance: R.I.P. Internet Neutrality?

“Without Net Neutrality, ISPs will be able to devise new schemes to charge users more for access and services, making it harder for us to communicate online – and easier for companies to censor our speech.”

Corporate gatekeepers will control “where you go and what you see.”

Verizon, AT&T, Comcast and Time Warner Cable “will be able to block content and speech they don’t like, reject apps that compete with their own offerings, and prioritize Web traffic…”

They’ll be able to “reserve the fastest loading speeds for the highest bidders (while) sticking everyone else with the slowest.”

Doing so prohibits free and open communications. Censorship will become policy. Net Neutrality is too important to lose.”

Ready yourself for the inevitable results! According to Michael Hiltzik, Net neutrality is dead. Bow to Comcast and Verizon, your overlords.

“In the U.S., there’s no practical competition. The vast majority of households essentially have a single broadband option, their local cable provider. Verizon and AT&T provide Internet service, too, but for most customers they’re slower than the cable service. Some neighborhoods get telephone fiber services, but Verizon and AT&T have ceased the rollout of their FiOs and U-verse services–if you don’t have it now, you’re not getting it.

Who deserves the blame for this wretched combination of monopolization and profiteering by ever-larger cable and phone companies? The FCC, that’s who. The agency’s dereliction dates back to 2002, when under Chairman Michael Powell it reclassified cable modem services as “information services” rather than “telecommunications services,” eliminating its own authority to regulate them broadly. Powell, by the way, is now the chief lobbyist in Washington for the cable TV industry, so the payoff wasn’t long in coming.”

In a digital environment, access to an internet that provides uncensored content at the lowest costs is a direct threat to the corporate economy. Innovation and creative cutting-edge services are clearly marked as competing challenges to the Amazon jungle of merchandising. The big will just get bigger.

Then the unavoidable effects from the “all the news fit to report” mass medium, intensifies their suppression of honest investigative journalism. Filtering out the alternative and truth media is the prime objective of this ruling. Eliminating political dissent from the internet is the ultimate implication. What would the net be like without access to the Drudge Report?

When the cable or satellite services bundle their programming into a “take it or leave it” format, the choices for the consumer becomes a major financial burden just to watch the few channels that have interest. Applying this pattern to the internet will cause even greater resentment.

Just look at the disaster from the Yahoo retooling. That Ms. “wicked witch” MM have pushed up the stock price, but ask any yahoo group member what they think of the new format. This is a classic example of how to turn off users and ruin your product.

Subscription services are playing with fire. With the collapse of the main street economy, the added fees to access content that is mediocre at best, is the actual fallout. Like the dinosaur TV networks, the corporatist sites risk total rejection from internet visitors.

Totalitarian culturalists are rejoicing with this latest damper on free speech. News by way of government press releases is pure propaganda. How did this happen?

For a short explanation history, Nilay Patel writes in The Wrong Words: How The FCC Lost Neutrality And Could Kill The Internet.

“The FCC tried to appease the out-of-control corporate egos of behemoths like Verizon and Comcast by pretending internet providers were special and classifying them as “information service providers” and not “telecommunications carriers.” The wrong words. Then, once everyone was wearing the nametag they wanted, the FCC tried to impose common carrier-style telecommunications regulations on them anyway.”

Credo Action believes that “FCC Chairman Tom Wheeler can undo the Bush-era decision to deregulate broadband Internet providers and allow them to operate outside of the legal framework that has traditionally applied to companies that offer two-way communication services.”

Such optimism seems naive in light of the real controllers of policy, much the same, for the Supreme Court coming to the rescue. Mark this court decision as the strategic destruction of the internet as a beacon of unfeigned free expression of information and open political speech. The programmers will be working overtime to set up layers of tasks, restrictions and huddlers to jump over. If you think Facebook censorship is bad, get ready for a purely governmental approved net along the Chinese model.

oftwominds-Charles Hugh Smith: Resolution #1: Let’s Call Things What They Really Are in 2014

oftwominds-Charles Hugh Smith: Resolution #1: Let’s Call Things What They Really Are in 2014.

The Status Quo system is failing. Its collapse will be messy. Starting to call things what they really are is a necessary first step to working with this reality.

Longtime correspondent Harun I. has offered a refreshing resolution for 2014: let’s start calling things what they actually are, rather than continue using officially sanctioned half-truths and misdirections. Language defines the context, meaning and agenda–in other words, everything. If we continue using Orwellian language, we get an Orwellian world of officially sanctioned deceptions passing as reality.

Here are Harun’s suggestions should we accept the value of Calling Things What They Really Are. This may well be one of the most insightful explanations of our financial system you will ever read:


“Let’s start off the new year by resolving to call things exactly what they are with words a 5th grader would understand.

Bank Deposit: An unsecured personal loan. The bank can do whatever it wishes with the money. The money may not be returned (ironically, people pay for this “service”).

Fractional Reserve Banking (Lending): Leverage. A bank has only a fraction of what it owes to its depositors. In a 10% fractional reserve system, the bank is only required to have ten cents of every dollar in its vaults.

The IMF is suggesting a 10% default by European banks. In a 10% reserve system, this is a reversal. Effectively, one person is going to get their money back and nine others are not. This may reset the banking system but the economic consequences due to the loss of purchasing power at such a scale will be significant.

Bank Bailout: The bank has lost its depositors money and thence government forces the public to borrow money they have a) already earned, b) from the very banks that supposedly have no money, and c) do so at interest (which must be borrowed). Effectively it is a failure and therefore a default.

Bank Bail-in: Every dollar placed at a bank is a dollar it owes to someone (liability). When the bank has lost all or a portion of its depositors’ money, it cannot return what it owes. Rather than forcing the people that are owed money by the bank to borrow money to put back in their accounts, the bank merely points out that it doesn’t have the money. This is a default.

Default = Default.

Money: Has no other purpose than to allow people to trade things they have worked to make or services they have performed. Holding on to it may allow one to trade for more or less of a particular good or service in the future. Money is a promise but not a guarantee that it will be exchangeable for something in the future. It is credit and debt.

Without a tangible good or service to trade money is worthless. If I have made a fine overcoat and you, with your skills in carpentry, have made an exquisite chair, we can trade these things directly. In this case money is worthless. It does not work the other way around. Goods and services do not become worthless in the absence of money. My coat will still have value even if I choose to wear it to keep warm. Your chair will have value even if you just choose to sit in it.

This is a critical distinction — and it has been completely lost on just about everyone. We have become completely divorced from the goods and services we make and provide and the money we use to trade these goods and services. At the core of this divorce is Fractional or zero Reserve Banking.

Let’s propose that you and I traded our goods and we deposited our goods in a bank. The bank immediately pledges my chair and your coat to ten other people. Some time later I engage in a redecoration of my home and want my chair. Winter comes and you want your coat. Immediately there is a problem. The bank owes our goods to ten other people. The only way for them to resolve this situation is to either get everyone to accept a fraction of the coat and chair, which of course isn’t very practical, reduce their liability by giving one person the chair and one person the coat and the other ten people get nothing (bail in), or get you and I to bail them out by producing eleven more chairs and coats (10 plus interest).

You see, if in the definitions of bailout and bail in we simply substitute the word money with the words goods and services, the situation loses its ambiguity. When we understand internally what money represents, then we understand what the term Bank backstops really mean. A bank can only be backstopped, bailed out or bailed in, by labor because that is the only thing that “money” represents.

If we understand the definition of money then when we discuss the Federal Reserve’s leverage, e.g. 72 to 1, we immediately understand that for each unit of labor performed 72 are owed. If for each hour of labor 72 is owed, how is this ever make that up? The clever person would pipe up and say, I’ll just work for 72 hours straight. But for each of those 72 hours he has worked he now owes 72. When we understand this, we understand that it is an event horizon.

We then understand that every bit of QE (quantitative easing) is a pledge of labor someone must perform at some point in time and that the rate of performance required is impossible.

If we now understand money and leverage and are to propose debt forgiveness then we must embrace rather than bemoan austerity because austerity is the necessary result of 10 other people not getting a chair to sit in or a warm coat for the winter.

With these concepts firmly in tow we begin to see that all of this hand wringing over paying off the $17 trillion in debt is, at best, a fools errand. Yes, in public politicians try to sooth us by appearing concerned. But behind closed doors, the Fed, Treasury, the Congress and the Executive, are all trying to figure out how we are going to borrow more so that over the next doubling period (about 10 years) debt will expand to a necessary $34 trillion.

Some additional clarification may be needed to explain leverage and work. At 72 to 1 the other option is to create 72 units in the time it takes to make one. In other words, if it took you and I one month to create our goods, we must create 72 coats and chairs in that one month. Broken down into hours, if we worked at full capacity 8 hours per day to create one coat and chair, we must do enough work in that 8 hours to create 72 coats and chairs.

Ultimately, work is nothing more than an exchange of energy, and the equation for any exchange of energy is quantifiable and finite (the equation must always balance). If we measured labor output in calories instead of money, the deception disappears. People may not be willing to expend 10 calories for 1. We would also understand that 1 calorie cannot create 10.

These concepts (thermodynamics) are esoteric to the point a 5th grader would have trouble understanding. But what is easily understandable is that if we all did the same work everyday but got less food because of an increase of incoming workers, yes, we would all have food – and we would all soon become malnourished or starved.

How would people react if the Fed said that for every loaf of bread it takes out of the system 72 loafs of bread will disappear?

We must also understand that a lever transmits torque, it does not create more torque.

It is at this point of awareness that it becomes clear that to balance the equation, it is unavoidable that people are not going to get most or all of what they have been promised (austerity). It is at this point that the sober realization arises that we have to dramatically change our expectation of the future.

Credit: Allows trade of something for a promise. Regardless of whatever expectation that may exist, something has been traded or given for no service performed or product yet created. Simply, something has been traded for nothing.

Federal Reserve System: A group of secretly privately owned banks (which, logically were among those who lost all of their depositors money and most certainly compose the primary dealers), that control the global money supply by making more or less credit/money available. It is also supposed to regulate banks within its system.

Even if this system functioned as designed rather than what it has morphed into, it still reads: a subsidiary formed but not funded by member banks and sanctioned by government to lend money to corporations and member banks (to themselves) against strong collateral (which no other bank would touch). Meaning the assets they own are good, but nobody wants them (i.e. the assets are worthless). In essence, this gets those great and wonderful assets off corporation’s and member bank’s books at full value.

Today this subsidiary of the member banks (the banks that own the Fed), loans money to its parent banks to buy all sorts of debt (mostly government debt), then goes about removing that debt (asset) from its parent bank’s balance sheet by buying it from them at full price, regardless of what it would have fetched in the market place.

At the most cursory glance, one begins to see how this farcically incestuous relationship would open the door to cronyism, political capture, monetary dominance, and serious abuses of public trust. Whether there is an awakening on the part of of the public is irrelevant. This system is failing. Its collapse will be messy.

There is no need to fret over debt or the monetary system, or the Feds economic and monetary “models”. There is no need to grouse about their manipulations. These things are destined to fail and are already doing so. What we will do in the aftermath of their complete failure, however, is probably of utmost importance.”


Thank you, Harun, for an excellent start in Calling Things What They Really Are. Off the top of my head, here are two more:
Capitalism: in the U.S. and global economy, this is a cover-word for crony/State capitalism, in which the Central State (rather than the marketplace) chooses the winners and losers.

Growth: Heavily manipulated statistics that reflect the increasing dominance of crony/State capitalism, passed off as “growth” in the real, lived-in economy. Those crony cartels that are receiving the Federal Reserve’s “free money” from quantitative easing (QE) are “growing,” and everything that isn’t receiving the Fed’s “free money” is stagnating.

I am sure you can add your own list of “calling things what they really are.”

Senator Bernie Sanders Asks NSA If It Spies On Congress | Zero Hedge

Senator Bernie Sanders Asks NSA If It Spies On Congress | Zero Hedge.

The real life magic-mushroom, banana dictatorship envisioned by George Orwell just went full retard.

From VT Senator Bernie Sanders:

U.S. Sen. Bernie Sanders (I-Vt.) today asked the National Security Agency director whether the agency has monitored the phone calls, emails and Internet traffic of members of Congress and other elected officials.

 

Has the NSA spied, or is the NSA currently spying, on members of Congress or other American elected officials?” Sanders asked in a letter to Gen. Keith Alexander, the NSA director. “Spying” would include gathering metadata on calls made from official or personal phones, content from websites visited or emails sent, or collecting any other data from a third party not made available to the general public in the regular course of business?”

 

Sanders said he was “deeply concerned” by revelations that American intelligence agencies harvested records of phone calls, emails and web activity by millions of innocent Americans without any reason to even suspect involvement in illegal activities. He also cited reports that the United States eavesdropped on the leaders of Germany, Mexico, Brazil and other allies.

 

Sanders emphasized that the United States “must be vigilant and aggressive in protecting the American people from the very real danger of terrorist attacks,” but he cited U.S. District Court Judge Richard Leon’s recent ruling that indiscriminate dragnets by the NSA were probably unconstitutional and “almost Orwellian.”

 

Sanders has introduced legislation to put strict limits on sweeping powers used by the National Security Agency and Federal Bureau of Investigation to secretly track telephone calls by millions of innocent Americans who are not suspected of any wrongdoing.

 

The measure would put limits on records that may be searched. Authorities would be required to establish a reasonable suspicion, based on specific information, in order to secure court approval to monitor business records related to a specific terrorism suspect. Sanders’ bill also would put an end to open-ended court orders that have resulted in wholesale data mining by the NSA and FBI. Instead, the government would be required to provide reasonable suspicion to justify searches for each record or document that it wants to examine.

Uhm… yes?

 

NEWSPEAK « The Burning Platform

NEWSPEAK « The Burning Platform.

Do you see any parallels with our current day government and media propaganda machines disguised as news organizations?

List of Newspeak words

http://georgeorwellnovels.com/books/list-of-newspeak-words/

In George Orwell’s Nineteen Eighty-Four, the fictional language Newspeak attempts to influence thought by influencing the expressiveness of the English language.

Still from Michael Radford’s film production of Orwell’s 1984 (Copyright: MGM)

A telescreen from Orwell’s 1984 with the message: “Think in Newspeak”

In keeping with the principles of Newspeak, all of the words listed here serve as both nouns and verbs; thus, crimethink is both the noun meaning “thoughtcrime” and the verb meaning “to commit thoughtcrime”. To form an adjective, one adds the suffix “-ful” (e.g., crimethinkful) and to form an adverb, “-wise” (e.g., crimethinkwise). There are some irregular forms, such as the adjectival forms of MinitrueMinipaxMiniplenty, and Miniluv (Ministry of TruthMinistry of PeaceMinistry of Plenty, and Ministry of Love, respectively – all ministries of the active government in Nineteen Eighty-Four).

To say that something or somebody is the best, Newspeak uses doubleplusgood, while the worst would be doubleplusungood (e.g., “Big Brother is doubleplusgood, Emmanuel Goldstein is doubleplusungood”).

◊ ◊ ◊ ◊ ◊

Bellyfeel

The word bellyfeel means a blind, enthusiastic acceptance of an idea.

The word likely comes from the idea that any good Oceanian should be able to internalize Party doctrine to the extent that it becomes a gut instinct – a feeling in the belly.

“Consider, for example, such a typical sentence from a Times leading article as “Oldthinkers unbellyfeel Ingsoc.” The shortest rendering one could make of this in Oldspeak would be: “Those whose ideas were formed before the Revolution cannot have a full emotional understanding of the principles of English Socialism.” But this is not an adequate translation. … Only a person thoroughly grounded in Ingsoc could appreciate the full force of the word bellyfeel, which implied a blind, enthusiastic, and casual acceptance difficult to imagine today.

—Orwell, Appendix to 1984

 

Blackwhite

Blackwhite is defined as follows:

… this word has two mutually contradictory meanings. Applied to an opponent, it means the habit of impudently claiming that black is white, in contradiction of the plain facts. Applied to a Party member, it means a loyal willingness to say that black is white when Party discipline demands this. But it means also the ability to believe that black is white, and more, to know that black is white, and to forget that one has ever believed the contrary. This demands a continuous alteration of the past, made possible by the system of thought which really embraces all the rest, and which is known in Newspeak as doublethink.

—Orwell, Nineteen Eighty-Four

The word is an example of both Newspeak and doublethink. It represents the active process of rewriting the past, control of the past being a vital aspect of the Party’s control over the present.

The ability to blindly believe anything, regardless of its absurdity, can have different causes: respect for authority, fear, indoctrination, even critical laziness or gullibility. Orwell’s blackwhite refers only to that caused by fear, indoctrination, or repression of one’s individual critical thinking (“to know black is white”), rather than caused by laziness or gullibility. A true Party member could automatically, and without thought, expunge any “incorrect” information and totally replace it with “true” information from the Party. If properly done, there is no memory or recovery of the “incorrect” information that could cause unhappiness to the Party member by committing thoughtcrime. This ability is likened to the total erasure of information only possible in electronic storage.

Crimethink

Crimethink is the Newspeak word for thoughtcrime (thoughts that are unorthodox, or are outside the official government platform), as well as the verb meaning “to commit thoughtcrime”. Goodthink, which is approved by the Party, is the opposite of crimethink.

In the book, Winston Smith, the main character, writes in his diary:

“Thoughtcrime does not entail death: thoughtcrime IS death.”

 

Duckspeak

Duckspeak is a Newspeak term meaning literally to quack like a duck or to speak without thinking. Duckspeak can be either good or “ungood” (bad), depending on who is speaking, and whether what they are saying is in following with the ideals of Big Brother. To speak rubbish and lies may be ungood, but to speak rubbish and lies for the good of “The Party” may be good. In the appendix to 1984, Orwell explains:

Ultimately it was hoped to make articulate speech issue from the larynx without involving the higher brain centres at all. This aim was frankly admitted in the Newspeak word duckspeak […]. Like various words in the B vocabulary, duckspeak was ambivalent in meaning. Provided that the opinions which were quacked out were orthodox ones, it implied nothing but praise, and when the Times referred to one of the orators of the Party as a doubleplusgood duckspeaker it was paying a warm and valued compliment.

An example of a skillful duckspeaker in action is provided in the beginning of chapter 9, in which an Inner Party speaker is haranguing the crowd about the crimes of Eurasia when a note is passed into his hand; he does not stop speaking for a moment, or change his voice or manner, but (according to the changed party line) he now condemns the crimes of Eastasia, which is Oceania’s new enemy.

Goodsex and sexcrime

Goodsex is any form of sex considered acceptable by the Party; specifically, this refers only to married heterosexual sex for the exclusive purpose of providing new children for the Party. All other forms of sex are considered sexcrime.

Ownlife

Ownlife refers to the tendency to enjoy being solitary, which is considered subversive. Winston Smith comments that even to go for a walk by oneself can be regarded as suspicious.

Prefixes

  • Un-” is a Newspeak prefix used for negation. It is used as a prefix to make the word negative, since there are no antonyms in Newspeak. Therefore, for example, warm becomes uncold. It is often decided to keep the word which has a more unpleasant nuance to it when choosing which one of the antonyms should be kept in the process of diminishing vocabulary. Therefore, cold is preferred to unwarm or unhot, and dark is preferred to unlight, even though cold and darkness are not physical phenomena as opposed to light and heat. The Party’s choice for the less pleasant versions of an antonym may be interpreted as another way the Party makes its subjects depressive and pessimistic to suppress unorthodox thought. On the other hand, the Party controls one’s ability to think negatively by sometimes allowing only the positive term preceded by “un-”. For example, the concept of “bad” can be expressed only with ungood. When placed before a verb, “un-” becomes a negative imperative; for example, unproceed means “do not proceed”. This is similar to the adding of “mal” for negation in Esperanto.
  • Ante-” is added to a word in place of using the word “before” (and literally means ‘before’ in Latin). For example, “antefiling” would mean “before filing”.
  • Plus-” is an intensifier, in place of “more” or the suffix “-er” (in some situations). Thus, great or better becomes plusgood.
  • Doubleplus-” further intensifies “plus-”, so doubleplusgood is used in place of excellent or best.

 

Suffixes

  • -ful” is a Newspeak suffix used to turn another word into an adjective. For example, rapid would be rendered as speedful.
  • -ed” is the only method to make a non-auxiliary verb past tense in the A-vocabulary. This decreases the number of words required to express tenses by removing irregular conjugations. Ran becomes runneddrank becomes drinked, etc.
  • -wise” is a Newspeak suffix used to turn another word into an adverb. For example, quickly would be rendered as speedwise. Therefore “He ran very quickly” would become “He runned plus-speedwise”.

 

Thoughtcrime

Main article: Thoughtcrime

Unperson

An unperson is a person who has been “vaporized”; who has not only been killed by the state, but effectively erased from existence. Such a person would be written out of existing books, photographs, and articles so that no trace of their existence could be found in the historical record. The idea is that such a person would, according to the principles of doublethink, be forgotten completely (for it would be impossible to provide evidence of their existence), even by close friends and family members. Mentioning his or her name, or even speaking of their past existence, is thoughtcrime; the concept that the person may have existed at one time and has disappeared cannot be expressed in Newspeak. Compare to the Stalinist practice of erasing people from photographs after their execution.

In his 1960 magazine article “Pravda means ‘Truth’”, reprinted in Expanded Universe, Robert A. Heinlein argued that a cosmonaut who mysteriously disappeared on May 15, 1960 had also received this treatment. The BBC has described journalist Melissa Chan as having become an “unperson” in China, after her expulsion from the country.

Other Newspeak words

(Many of these are in fact merely part of the “abbreviated jargon — not actually Newspeak, but consisting largely of Newspeak words — used in the Ministry for internal purposes”, described by Orwell in chapter 4.)

  • ante~: A prefix used meaning “pre~” or “before”.
  • artsem: Artificial insemination.
  • bb: Big Brother.
  • crimestop: to rid oneself of unwanted thoughts, i.e., thoughts that interfere with the ideology of the Party. This way, a person avoids committing thoughtcrime.
  • current
  • dayorder: Order of the day.
  • doublethink
  • equal: Only in the sense of physically equal, like equal height/size, etc. It does not mean socially – politically or economically – equal, since there is no such concept as social inequality in purportedly egalitarianistic Ingsoc.
  • facecrime: An indication that a person is guilty of thoughtcrime based on their facial expression.
  • file
  • forecast
  • free: meaning Negative freedom (without) in a physical sense, only in statements like “This dog is free from lice”, as the concepts of “political freedom” and “intellectual freedom” do not exist in Newspeak.
  • full: (The adverb fullwise appears in the Records Department’s written orders.)
  • good: (Can also be used as a prefix vaguely meaning “orthodox”.)
  • goodthink: Vaguely translatable to orthodox thought.
  • ingsoc: English Socialism.
  • issue: children produced by goodsex.
  • joycamp: forced labor camp.
  • malquoted: flaws or inaccurate presentations of Party or Big Brother-related matters by the press. See misprints below.
  • miniluv: ”Ministry of Love” (secret police, interrogation and torture)
  • minipax: ”Ministry of Peace” (Ministry of War, cf: ‘Department of Defense’ vs ‘War Department’)
  • minitrue: ”Ministry of Truth” (propaganda and altering history, culture and entertainment)
  • miniplenty: ”Ministry of Plenty” (keeping the population in a state of constant economic hardship)
  • misprints: Errors or mispredictions which need to be rectified in order to prove that the Party is always right. See malquoted above.
  • oldspeak: English; perhaps any language that is not Newspeak.
  • oldthink: ideas inspired by events or memories of times prior to the Revolution.
  • plus~: A prefix used in the sense of very, i.e., to give an adjective or an adverb a stronger meaning (e.g. plusgood means “very good”).
  • pornosec: Subunit of the Fiction Department of the Ministry of Truth that produces pornography.
  • prolefeed: the steady stream of mindless entertainment to distract and occupy the masses.
  • recdep: ”Records Department” (division of the Ministry of Truth that deals with the rectification of records; department in which Winston works)
  • rectify: Used by the Ministry of Truth as an euphemism for the deliberate alteration of the past.
  • ref: To refer (to).
  • report
  • sec: Sector.
  • speakwrite: An instrument used by Party members to note or “write” down information by speaking into an apparatus as a faster alternative to an “ink pencil”. It is, for example, used in the Ministry of Truth by the protagonist Winston Smith.
  • telescreen: television and security camera-like devices used by the ruling Party in Oceania to keep its subjects under constant surveillance.
  • thinkpol: The Thought Police.
  • upsub: submit to higher authority. In one scene in the novel, Winston Smith is instructed to alter a document to conform with the Party line, and submit it to his superiors before filing it: rewrite fullwise upsub antefiling.
  • verify
  • yp (year plan)

 

Words incorrectly attributed to Orwell’s Newspeak

The word doublespeak is often incorrectly attributed to Orwell. It was actually coined in the early 1950s, and does not appear in Nineteen Eighty-Four, but its meaning forms a natural parallel to the Newspeak word doublethink. The word groupthink, another word using a Newspeak-like pattern, was coined in 1952 by William H. Whyte.

 

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