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PERRIN LOVETT

~ Deo Vindice

PERRIN LOVETT

Tag Archives: economy

With Recoveries Like These…

01 Monday Aug 2016

Posted by perrinlovett in Legal/Political Columns, News and Notes

≈ 1 Comment

Tags

America, banksters, economy, Federal Reserve, government, money, politicians, recession, Ron Paul

Friday the Commerce Department, as reported by the Wall Street Journal, officially confirmed what many have known for some time – the current, post-financial crisis, recession “recovery” is one of the longest in modern history and THE weakest.

Even seven years after the recession ended, the current stretch of economic gains has yielded less growth than much shorter business cycles.

In terms of average annual growth, the pace of this expansion has been by far the weakest of any since 1949. (And for which we have quarterly data.) The economy has grown at a 2.1% annual rate since the U.S. recovery began in mid-2009, according to gross-domestic-product data the Commerce Department released Friday.

For so many it feels like the recession never ended. This, by the way, was the recession that they never actually admitted had begun. Remember that? The lies? “Bankin’ industry’s never been stronger!” – even as it teetered on the edge of total collapse.

The WSJ provides several informative graphs. In describing the graphs they lay off of the “recovery” talk and correctly label the upward-trending parts of the business cycle as “expansions”. Except, there hasn’t been much of the upward of late.

nimbus-image-1470051868389

That’s us, over far right, the littlest bar. WSJ/Commerce Dept.

You’ll immediately note that as time goes by the recoveries (expansions) are steadily getting weaker. This graph notes annual GDP changes. Their next graph shows cumulative changes over decades or, rather, between recessions. By that one, America’s best days were in the 1960s and the 80s/90s. Of course, that particular graph allows one to compute a rough average time between recessions.

Yes, the current “recovery” started seven years ago but the precipitating recession started nearly nine years back. Recovered or not, we’re overdue for another recession. Nice, huh?

This story and the graphs show the strength (or lack thereof) of recovery, not the magnitude of the recessions. The financial crisis was huge. We’re nowhere near being made whole again. And now the entire economy is changing.

If any of the forgoing alarms you (you awake, out there?), you may lay the blame for your concerns at the feet of our friends at the Federal Reserve and our trusty “servants” in Washington. In a world with a responsible government and without a central bank cartel (the USA before 1913) recoveries were as sudden and short-lived as the recessions – both merely punctuated periods of steadier growth. Growth without the benefit of Fed funny money.

Not content with the status quo the Fed and the criminals in D.C. set out to “manage”the economy, which the Fed accomplishes in much the same way a bad drunk “manages” a car. (It goes really, really fast …. until it hits a tree).

Part of their brilliant management scheme for the past nine years has been to foster ridiculous government spending while simultaneously flooding banks (not just American ones) with cash. The banks have not released much to the general economy. Rather, they have played Monopoly and roulette with derivatives and other gambles of their own making. They haven’t played too well, either. Currently there is a race to see which major bank will collapse under its own weight first. Right now it looks like Deutsche Bank but who knows? Then comes another financial crisis. Recession. More funny money. Rinse and repeat.

qVrsoXi

Reddit.

Those of you who wasted your time watching THE party’s two political conventions, with all the blabbing about seemingly everything, may remember hearing nothing about these issues. They certainly don’t have any solutions to offer. Ron Paul did but the masses wrote him off as crazy and unelectable. Now we have a recovery which is crazy and unsalvageable.

Happy August the first!

The World Is Changing. You In?

28 Thursday Jul 2016

Posted by perrinlovett in News and Notes, Other Columns

≈ 1 Comment

Tags

Amazon, books, changes, economy, James Altucher, jobs, money

Earlier today I wrote an article about how sitting in a cubicle like a zombie will kill you. If you’re already undead, you might as well go all the way, right? In my story I mentioned that the job itself might be a problem.

Then I read a couple of pieces by James Altucher (one usually leads to another). You need to read them now. The first is 10 Reasons Your Boss Hates You. The Next is 10 Reasons You Have to Quit Your Job (in 2016). Go ahead, read them now – I’ll wait right here.

Okay, he’s right, right? The old economy is on life support. And the “old way” hasn’t really been around that long. At any rate it isn’t working anymore.

5) Income is Disappearing

In the past 25 years, real income has gone from $36,000 to $33,000 for people ages 18 to 35.

Why? Who knows. Because nobody cares.

Then the talking blobs on TV tell you you have to start saving during those years.

Meanwhile, the cost of living has gone up.

How do you save, when it costs more to LIVE, while the money coming in the bank is going down.

Society is being strangled. I don’t blame anyone. It’s not the government’s fault. It’s not Wall Street’s fault. Or Main Street’s fault.

Jobs were a myth from the beginning.

The Industrial Revolution standardized society so that factory workers would show up at the same time, have the same education, hit the same bolt on the same nut at the same time, and get paid every two weeks.

That’s the truth, good, bad or indifferent. I’m a fuddy-duddy. Yet, even I realize things are changing and must change. It’s not just incomes that are going down (away?). Home ownership is at the lowest level in over 50 years – only 62% of adults own a house. And, most of them don’t even own one – a bank owns it for them.

The whole economy is being shaken up. Facebook, today, passed Berkshire Hathaway in terms of market cap. Let that sink in for a second. Then again, many of you are reading this right now because you saw it on Facebook, not through one of Buffett’s companies.

129_1200

vimeo.com/HP.

I had a conversation with a friend yesterday and another, similar one today about how I publish words. To some, what I do seems like wizardry. Maybe it is in a sense. But, its academic and logistical, not magical. Me – computer – internet – Amazon – your computer, phone or bookshelf. Kind of like: cow – farmer – bottle – truck – grocery store – your fridge. Easy, huh?

The old economy is on life support and the funeral arrangements are now being made for the traditional publishing industry (and the bookstores). Meanwhile, Amazon keeps posting record profit after record profit. They capitalize on me and my computer and I on them. Heck, I’m preparing to give them two new amazing works to offer world-wide in a few days (weeks? – y’all know I’m slow). Then, I’m publishing more. And more after that.

If the world is changing, I’m going to make the most of it. I hope you do to.

20 Trillion Reason$ to Love Government

21 Thursday Jul 2016

Posted by perrinlovett in Legal/Political Columns, News and Notes

≈ Comments Off on 20 Trillion Reason$ to Love Government

Tags

America, banksters, debt, Debt Clock, economy, government, law, politicians, The People, usury

Democrats are (once again) celebrating Hillary’s inexplicable ability to avoid the jailhouse. Republicans are celebrating Trump for Trump’s sake. It’s so exciting!

They should all take a brief pause to celebrate a mutual achievement, many years in the making. The on-books U.S. federal debt has hit TWENTY TRILLION DOLLARS ($20,000,000,000,000)!!!! Hooray for government!

Actually, it’s a hair under $19.4 Trillion. Or, it was; it has gone up many millions of dollars while I’ve been typing these sentences. But, heck, I’m celebrating early. Here’s where it stood just a minute or two ago:

nimbus-image-1469105193964

Courtesy: U.S. Debt Clock.

Yes, your “share” of the debt is almost $60,000. Each one of your children “owes” $60,000 – today – tomorrow (hell, later this morning) it will be more.

The debt, if it must be divvied up, should be allocated among about 600 corrupt men and women – the President, members of Congress, Treasury officials, and Fed Governors. They each “owe” roughly $32.33 Billion. By the way, $19.4T is about 105% of our GDP.

That’s just for the federal debt, as officially and wrongly accounted. The total on-book liabilities including state, corporate, and your own debts comes closer to $66 Trillion (358% of GDP).

These are big numbers. They keep getting bigger.

A more honest accounting figures in the total of all liabilities like Medicare and Social Security shortcomings, which must under law be paid … somehow. The net present value of those liabilities is over $100 Billion (554% GDP). And, that’s what we owe, and need the money on hand to pay off, today. We’re in the hole. Deep.

Then, for honesty’s sake and as a precaution, one should calculate in the U.S. derivatives market. That means all of the side bets made by banks, insurance companies, and different funds – a sort of end around the Fed to create more money than really exists. That number is over $420 Trillion (what’s the point% of GDP). The global derivatives exposure pushes the number well over $1 QUADRILLION (Ha Ha % of GDP)! These extraordinary inclusions are important and necessary because, though they are private and fictitious, in the event of eventual default or collapse, they will be placed on the backs of the people. The banks are too big to fail, remember. Your share of that is something like $3,125,000. Got your checkbook ready, just in case???

Now for some predictions by me.

Presidents tend to serve two terms almost as a rule these days. I’d say there is, right now, a 65% chance Donald John Trump will be the 45th President. At the end of his second term the “official” U.S. debt will probably be somewhere around $40 Trillion. In the off-chance Hillary Rodham Clinton is elected, at the end of her second term the debt will also be about $40 Trillion. Again, that’s the loosely accounted debt. The real figure will be closer to a quarter Quadrillion, the hypothetical deviratives-based debt exposure closer to $2Q.

None of this will ever be paid. These numbers exceed the GDP of the entire world. The higher numbers are likely equal to, or exceed, the value of the entire earth and its contents. The only way to pay off such ridiculous amounts would be to print more money – which would have to be accounted as additional debt. Hilarious.

The politicians and the banksters would be content to let this cycle go on forever if that were possible. It is not. The people, the majority, don’t understand or care. It doesn’t hit home until the lights go out and the grocery store is derelict – ask those in Venezuela.

The only sane solution is to blank the books – entirely. The whole of all the debts should be repudiated and forgotten. This will happen at some point. It has to. We might as well make it an official decision. Thereafter, it might be wise to make debt illegal. How about a war on debt!? Debt issuance, by governments, banks, etc., could (should) be a felony; debt creation via usury and creation of supply inflating, funny money – capital felonies.

If that were now the law, we would need about 600 tall trees and 600 lengths of good rope. I think you’ll admit those are far easier and cheaper to come by than your $60,000 alternatives.

Getting The Business

20 Wednesday Jul 2016

Posted by perrinlovett in News and Notes

≈ Comments Off on Getting The Business

Tags

America, banks, business, corporations, economy, government, Perrin Lovett, recession, small business, start-ups, Wall Street

Money reports there were fewer small business start-ups these days in America:

Bad news for aspiring entrepreneurs: Now might not be the best time to launch your own business.

Total entrepreneurial activity in the U.S.—measured by the number of people starting and operating new businesses—fell to 12% in 2015, from 14% in 2014, according to a report released Tuesday by Babson College. The drop reverses upward growth in small business activity during the previous four years.

The findings could indicate that employees are satisfied with their jobs and unwilling to strike out on their own. But the research could also show a lack of confidence in the small business environment in the wake of the recession, Babson professor Donna Kelley told CNBC. The Small Business Optimism Index, a metric from the National Federation of Independent Business, has remained below its 42-year average since the recession.

I find it interesting that commentators keep throwing around “since the last recession” and “the wake of the recession” so much. Are they talking about the 2008 financial crisis recession? You know, the one that will soon be a decade past. Or do they really mean the current or immediate future recession? We are historically overdue.

Ebay.

This story is a little personal for me as I launched (full-time) my small business this summer. I’ve had several in the past – all failures. This time will be different (as I’ve said before). A business idea, even if it’s the very best idea in the world, isn’t easy to get off the ground anymore. Big, existing, and stagnant business dinosaurs join with the government to make the start-up process as painful as possible.

Aside from the licenses, taxes, regulations, inspections, prohibitions, and general meddling, the corporatist/banking/state cabal has seen to it that your potential customers and investors are not in the best position to help you with your incredible idea launch – they too still recover from “the last recession”.

You’ve got the likes of Speaker Paul Ryan who promises to crack down on job-taking and nightclub-shooting immigrants just after he rubber-stamps another 300,000 of them coming in on visas.

It’s amazing that any small business starts today. I’m not so sure about that idea of employee satisfaction with existing work. CNBC reports on the woes of “regular” employment, the loss of jobs and pay, even on Wall Street. This story deals with Wall Street banks – those very entities that OWN America… If their employees are getting the short end of the stick, what does that suggest about the rest of the workforce?

Anyway, I’m plowing ahead with my new enterprise. Of late I have finally developed an email list of sorts. Someone important once said, “You’re an idiot if you don’t have a list.” I was an idiot up until last week… In my defense, I was still recovering “from the recession.”

Randy Forbes Gets the SHAFTA

18 Saturday Jun 2016

Posted by perrinlovett in Legal/Political Columns, News and Notes

≈ Comments Off on Randy Forbes Gets the SHAFTA

Tags

Congress, economy, freedom, ObamaTrade, politics, revolution, SHAFTA, The People

NAFTA, CAFTA, SHAFTA (ObamaTrade) are programs foisted upon the public by Congress and the Whitehouse under the guise of “free trade”. They’re really about money for large corporations and lost prosperity and jobs for the people. I wrote about ObamaTrade a few times last year as it secretly passed through congress like a wraith.

Do you like secrecy, unregulated bank power, and Washington control of … everything? Like your job? Hate it? Want to give it to some H1-B foreigner? If so, you’ll love H.R. 1314. It covers the globe where NAFTA and CAFTA left off.

SHAFTA just claimed a deserving victim – Congressman Randy Forbes (R-VA).

The populist uprising against phony “free trade” and Republicans who love it has taken its first scalp.

Rep. Randy Forbes, GOP establishment stalwart and longtime Obamatrade supporter from Virginia’s 2nd Congressional District, will soon be unemployed. Voters rejected him in favor of his primary opponent Scott Taylor, who stridently opposed Obamatrade.

Taylor blasted Forbes for voting to give President Obama fast track authority to ram through Congress the Trans-Pacific Partnership, a sweeping 12-nation international regulatory pact that would merge our economy with some of the poorest and most repressive on earth.

This move was especially hypocritical for Forbes, chairman of the House Prayer Caucus. Obamatrade would give special economic privileges to countries that persecute Christians, including Vietnam, Malaysia and the Shariah-law regime of Brunei.

After his disastrous vote for fast track, Forbes tried to tap dance around the Constitution-shredding, religious-liberty-trampling Obamatrade agreement.

  • OBAMATRADE COST GOP CONGRESSMAN HIS JOB, Curtis Ellis, World Net Daily, June 17, 2016.

Dance on out the door, jackass. Begone! Good riddance. I’m glad to see the voters in at least one district are awake and a little angry. Let’s hope and pray this spreads.

Dailykos/Creators

Paul Ryan Rescues Banksters, Globalists

24 Tuesday May 2016

Posted by perrinlovett in Legal/Political Columns, News and Notes

≈ 3 Comments

Tags

America, banksters, Congress, debt, economy, election, freedom, government, Paul Ryan, politicians, taxes, The People, theft

Do not panic. That foul odor wafting through the air today was not the result of an explosion at a hog rendering plant. You did not smell a rat. Well, actually you did – a rat named Paul Ryan. The little Speaker who couldn’t finally got some traction with his first signature legislation in the House. He, under orders from Jacob Lew and the international monied powers, crafted a “bipartisan deal” to bail out..er..restructure Puerto Rico’s $70 Billion debts.

A bipartisan action is generally applauded as it is seen as cooperation between the Bloods and Crips of Congress. What it really means, most of the time, is that a royal screwing is coming.

The Commonwealth of Puerto Rico is an unincorporated U.S. Territory. The people there have been granted near statehood, with a governor, a general assembly and some other criminal offices. The locals have petitioned for full statehood. Oddly, the United Nations considers P.R. a separate and sovereign nation. Whatever one calls the Island, the voters there and their elected clowns are adults. They should act like adults. Make a debt, pay a debt. Or not. Just don’t expect someone else to pick up the tab. Speaker Ryan has other ideas.

I warned about this coming theft several weeks ago:

Puerto Rico is not about to default on its debt payments, but is defaulting (has [past tense] defaulted) on them. All things being equal this would not concern me much. What got my attention in the Wall Street Journal’s article last night was the smug arrogance of the Empire’s chief henchman, Jack Lew. He’s the creep who is kicking Old Hickory off the Twenty. Well, he’s been chosen to make that suggestion to the Fed puppet-masters.

In a letter to Congress, Treasury Secretary Jacob Lew warned on Monday that a U.S. “taxpayer-funded bailout may become the only legislative course available” if the proposed restructuring legislation isn’t approved.

The island’s debt is held by mutual funds, hedge funds, bond insurers and individual investors, who were attracted in part by tax benefits and high yields. The default Monday casts serious doubt on the commonwealth’s ability to make other future payments, which “means that other defaults are very likely on other Puerto Rico credits,” said Paul Mansour…

-WSJ, May 2, 2016.

Well, of course. Let one government and its supporters screw up and the other government and all its supporters (willing or no) will foot the bill. It’s the only course available. Letting nature take its course is not an option – that would be bad for the hedge funds, banks, and insurance companies. They pay a lot of money for their (their, like the own it and it belongs to them) government. They have to get their money’s worth. The bulk of the people remain blissfully unaware.

You may be blissful about this garbage but you’re no longer unaware. The Hill and the WSJ have notified you and I’ve told you twice now.

A people and their crooked “leaders” make mistakes. It happens to the best of us. A default would be bad for P.R. but it wouldn’t be the end of the world. Things might actually get better – financial correction they call it. But then the big boys would lose on their investments and they NEVER lose. At least not while they have your taxes to loot.

Mike Thompson, Detroit Free Press

The local spendthrifts will keep on spending, the Wall Street cabal will remain neck-deep in caviar, and the GOP establishment claims a victory. Yes, those “conservatives” everyone loves (and their “liberal” friends like Nanny Nancy Pelosi) think robbing the people to pay satanic hucksters is a victory. By the way, the only real opposition to this scheme in Congress has come from “socialist” Bernie Sanders:

The Puerto Rico legislation still hasn’t been scheduled on the House floor. Bishop will mark up the bill in his committee on Wednesday, leaving the full chamber just one day to take it up before lawmakers leave town Thursday for the Memorial Day recess.

Some lawmakers want a quick vote on Puerto Rico this week. The longer it hangs out there, the thinking goes, the more time political foes will have to try to stir up opposition. On the left, Sen. Bernie Sanders (I-Vt.), a Democratic presidential candidate, urged his Senate colleagues Monday to oppose the legislation, ripping the oversight board as “undemocratic” because it’s comprised of “unelected” appointees.

  • The Hill, May 24, 2016.

The bailout will happen; consider it a done deal. Really $2 Billion or the whole $70 Billion is but a barely noticeable drop in the fed’s ocean of economic woe. Things like this add up though. When the whole system comes crashing down don’t count on the banksters to be found let alone lend a hand. They’re gathering the last of the cash (yours and mine) and preparing to flee. However, come hell or high water, the politicians will be easier to find. They’ll still expect to be re-elected. Remember this story and all the others. Hold them accountable or rinse and repeat with similar results.

Mencken Proven Right Again and Again and Again and …

23 Monday May 2016

Posted by perrinlovett in Legal/Political Columns, News and Notes

≈ Comments Off on Mencken Proven Right Again and Again and Again and …

Tags

America, Austria, crime, culture, economy, elections, Europe, evil, freedom, government, immigration, insanity, Mencken, The People, The West

A theory no more: “Democracy is the theory that the common people know what they want, and deserve to get it good and hard.” – H.L. Mencken. This is now Mencken’s LAW of Democracy.

Austria sits geographically and politically near the center of Europe. Like other Western nations the Republik Österreich is awash in third world invasion, degeneracy, and political/cultural chaos. The Austrian people had a chance to reverse course and apparently decided to stay it instead. Pro-Austrian and anti-terrorism/invasion Presidential candidate Norbert Hofer lost very narrowly to a typical liberal bed-wetter. Given the way he lost I suspect ballot fraud. Nonetheless, the people have, democratically, spoken – stupidly.

Austrians chose to elect a man who says, “Anyone who loves Austria must be shit”.  They chose that over a man who would defend them and their culture. And, unlike Americans, they had real choices. Getting it good and hard.

Americans too are suffering the simultaneous dismantling of their culture and rampant immigration/invasion. The dots on the map below represent immigrants flooding the U.S.; imagine instead they are inbound cruise missiles.

nimbus-image-1463968603712

http://metrocosm.com/us-immigration-history-map.html

Criminal invasion in America is surging. The invaders seek welfare and terror targets. They try to run people over with automobiles. They bring tuberculosis. This, coupled with a crumbling economy, a corrupt government, trans-whatever insanity, bad music and open witchcraft, makes for a different country than some of us remember.

Norbert will be back in Austria; he and his peers will sweep Europe. It will take but a little time. Hopefully time will cure the U.S. too. Otherwise we will continue to get it good and hard.

 

 

 

 

 

 

Outmaneuver Your Own Obsolescence

01 Sunday May 2016

Posted by perrinlovett in Other Columns

≈ Comments Off on Outmaneuver Your Own Obsolescence

Tags

books, economy, freedom, ideas, James Altucher, work

James Altucher is a genius or at least he keeps coming up with great ideas. He’s not afraid to act on them either, though he seems to keenly understand the importance of timing.

I highly recommend you read his lengthy article, How To Quit Your Job the Right Way, April, 2016. The initial concept is that sooner or later your employer won’t need you (or won’t be in business) and it is best to diversify yourself before a layoff comes along. He delves into personal solutions for numerous modern problems – the changing/declining economy, escaping debt slavery, working smarter, and pursuing passions. He also goes into idea creation and networking.

James and one of his great books. Forbes.com.

James on the 80/20 rule at work:

The 80/20 rule refers originally to the fact that 20% of the seeds planted in a garden will result in at least 80% of the flowers that eventually blooming the garden.

It’s applied to every area of life. 20% of employees do 80% of the work.

20% of your customers, will result in 80% of your profits.

20% of your studying will result in 80% of what you remember.

And so on.

But what if you square it. So 20% of 20% of what you do will result in 80% of 80% of what you value.

So 4% of your work will result in 64% of the value.

Square it again. 1% of your work will result in 48% of the value.

This is the rule I like. 1% of the seeds planted in the garden will result in almost 50% of the flowers that will bloom.

This is how I know I can do many 2 week experiments to see what will eventually work in my life.

Instead of wasting my time on going out at night or watching TV I can take some days to start these two week experiments.

I wonder if you are like me. If you take certain stories. Certain questions. Squirrel them a way into your soul so you can peek at them later.

Let mystery wink at you.

Networking:

But here’s the real important thing to remember: networking compounds.

If I meet you today, I know you forever. And you might even tell others about me. Some will. Some won’t.

Do that every day and over years, your network becomes huge.

I am the worst networker possible. I am shy. I don’t cold call people. I am nervous meeting people.

But over years it’s compounded. Do favors for people. Introduce people in your network.

The value in your network is not the list of people you know, it’s the list of connections between all of those people.

That’s how you make networking exponentially powerful instead of linear.

The more people you can introduce to each other, the more value you bring.

I found this to be one of his more inspiration articles in a long, deep line of inspirations. Give the full article a read and then check out some of his books. Start with Choose Yourself.

No, I was not paid for this plug. I’m just passing on great information.

Cheers!

 

A Den of Vipers and Thieves

20 Wednesday Apr 2016

Posted by perrinlovett in Legal/Political Columns

≈ 6 Comments

Tags

Alexander Hamilton, America, Andrew Jackson, central banking, Congress, Constitution, crime, decline, economy, Federal Reserve, freedom, government, history, money, The People

Today news comes of a revenge 184 years in the making, a revenge that could only happen in post-American America. Treasury Secretary Jacob J. Lew has tentatively announced that Harriet Tubman will replace former President Andrew Jackson on the Twenty Dollar Bill as early as 2020. Lew made the decision after shock followed his previous proposal to knock Alexander Hamilton off the Ten Dollar Bill in favor of a woman.

Hamilton is safe thanks to a new hip hop Broadway musical. (Yes, post-American America.) However, he will likely be joined on the new $Ten by one or more famous American ladies. Might I recommend Bonnie Parker. Rumor has it Jackson will be relegated to a supporting role on the back of the new $20. Maybe they will feature a picture of his tombstone.

So, how is this revenge? History, my friends, history. In 1816 there was created the Second National Bank of the United States in Philadelphia. It was a private corporation set up, in violation of Article One of the Constitution, in order to expand government debt and power while simultaneously enriching the already wealthy. It was modeled after the failed First National Bank and in keeping with the central banking cabal theories of Alexander Hamilton. Is all this starting to make sense?

Earlier Congresses, while happy to illegally trade away their authority for easy money, were still more prone to banking oversight and regulation than their modern contemporaries. The Second Bank was not a complete sell-out. It was, however, ruinous to the larger economy the way central banks tend to be. It died a veto’s death in 1832 on the watch of ardent central bankstering opponent Andrew Jackson. Jackson, a blunt man, accurately condemned the Second Bank: “You are a den of vipers and thieves. I intend to rout you out, and by the Eternal God, I will rout you out.” And rout them out he did.

So long, old man. Slate/google.

Money returned to being real money for a time. Congress set the value in gold and silver and notes were issued and held by various state and federally chartered banks. This period corresponded with the most robust economic growth in American history. Only once, during Abraham Lincoln’s war, was the gold standard suspended – among many other illegalities. Most Americans, those not killed in the government’s wars, prospered. Times were good. Slaves were freed. And so on. Still unscrupulous politicians were constrained by fiscal reality and a certain small sect of leeches lost decades worth of influence and domination. Both of these maniacal parties returned to splendor when central banking made a comeback in 1913 with the passage of the Federal Reserve Act.

The Federal Reserve brought happy days back again – for them, not us. The people have only reaped two depressions (with another looming), the financial crisis, the S&L crisis, junk bonds, bailouts, the constant cycle of smaller recessions, blossoming federal debt, spending and power, crushing private debts, the collapse of purchasing power, inflation, wars, wars, and more wars, one idiotic government program after another, the end of the gold standard, the confiscation of gold, the theft of gold, and the near total evisceration of monetary value. Hooray!

All of these calamities were foreseen by Jackson. By vetoing the Second Bank he set the Hamiltonians (almost as cult-like as the Lincoln lovers) and the Rothschilds back by almost a century. In truth they had their revenge in 1913 at Jekyll Island, Georgia. Keeping Hamilton while ditching Jackson from the fiat currency is merely icing on the cake. Given the degeneration of America in post-American times, that icing must be particularly sweet.

Kari Winter is the director of the University [SIC] of Buffalo’s Institute for Gender. (Again, no need for colleges anymore). “Dedicated to advancing women’s and LGBTQ leadership, vision, and influence, the Gender Institute fosters workspaces in which each participant is stimulated to reach her/his highest potential and to increase knowledge and justice within the university, within their disciplines, and in society at large.” University [SIC] of Buffalo website.

Ms. (Mr.?) (It???) Winter praised leech Lew’s announcement as follows: “[Hamilton] is fully appropriate to be on American currency, whereas Jackson was a scoundrel, a slave holder and a white supremacist who was involved in the removal of Indians and was completely opposed to paper money and was horrible to women…” Her Institute is dedicated to knowledge, remember.

Yes, Jackson may have been a scoundrel – a temperamental man prone to violence and dueling. Then again, Hamilton dueled as well; he just wasn’t as good at it as Jackson. Jackson was a slave owner, true. George Washington was but they don’t seek his removal from the $1 Bill just yet. Jackson did remove forcibly many Indians. So did Abraham Lincoln. Lincoln is secure on the $5 Bill; I’m sure Ms. (????) Winter agrees. Lincoln never adopted two Indians as his own children as the racist Jackson did – such a white supremacist. Horrible to women? Lincoln made widows and vagabonds out of hundreds of thousands of women. Jackson fought to save women (and men) from economic destruction. Jackson also defended his wife from the lowbrow political attacks of his rivals – that violent temper at work.

It really all comes down to the paper money, to Jackson’s atavistic hatred of the evils of central banking. In a way it is fitting that Jackson should be removed from our worthless, private corporation-issued currency. By the way, whatever Lew decides on the matter, the Federal Reserve has the final say. In a world where mobsters run the economy and the government, where popularity and history are in the keeping of rappers and teenagers, and where a University [SIC] seeks to advance LGBLT (or is it LGBBQ?) influence, a man like Jackson is a misfit.

‘Merica. Google.

Let the vipers and thieves gloat; theirs is the long victory.

Yours and Their$, Two Different Things

05 Tuesday Apr 2016

Posted by perrinlovett in News and Notes

≈ 1 Comment

Tags

America, economy, freedom, government, money, Panama Papers, The People, War

There is a war raging against cash (paper) money, a battle really in the larger war on freedom. Money in banks and computers can be tracked and controlled and confiscated with ease. That’s good for our betters. Paper money can be hoarded and used freely by its owners. That’s bad.

Most large U.S. banks, including Chase, Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. have been rolling out new ATMs, sometimes known as eATMs, which perform more services akin to tellers. That includes allowing customers to withdraw different dollar denominations than the usual $20, typically ranging from $1 to $100.

The efforts run counter to recent calls to phase out large bills such as the $100 bill or the €500 note ($569) to discourage corruption while putting up hurdles for tax evaders, terrorists, drug dealers and human traffickers.

The Wall Street Journal reported in February that the European Central Bank was considering eliminating its highest paper currency denomination, the €500 note. Former U.S. Treasury Secretary Lawrence H. Summers also has called for an agreement by monetary authorities to stop issuing notes worth more than $50 or $100.

  • ZeroHedge, Was There a Run On The Bank?

JP Morgan/Chase oddly had some super ATMs which allowed unlimited withdrawals denominated in $100 bills. Some folks started making large cash withdrawals – $20,000 at once in some cases. Sensing its customers were fighting back in the war Chase limited the withdrawals to $1,000 per day. They made it a little harder for you, the enemy combatant, to access your own money. They want your money under careful controls – but not theirs.

The Panama Papers are the largest information leak in history. 2.6 Terabytes worth of documentation was smuggled out of a Panama-based law firm which caters to some of the world’s richest and most powerful people.  The papers reveal that the super-rich routinely offshore their considerable assets in an effort to evade control and taxation, and to maintain secrecy. Vladimir Putin, for example has at least $2 Billion hidden away; while running for office he declared his net worth to be a few hundred thousands.

By itself there is nothing wrong with this offshoring just as there’s nothing wrong with getting $20,000 from an ATM. It’s your money; do with it as you like.

4bitnews.

The problem is the hypocrisy. At the same time these vampires seek to completely lock our assets down within the system they are moving their own money out of it. Perhaps this revelation will lead to the discovery of the stolen MF Global funds or the Madoff money. I would love to see Larry Summers’s name revealed, connected with secret accounts. Summers, Madoff, and John Corzine have acted against us in the war, treating us to POW-style financial torture. How should we counter-attack?

Most of this will be completely missed by the majority of Americans. There’s too much other stuff going on – the Final Four, the sham election, tattoos, etc. Our enemies plan on all of these distractions working. It’s time we withdraw from their system. While we’re at it we should offshore as many of these rats as we can find –  send them anywhere but here.

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Perrin Lovett

From Green Altar Books, an imprint of Shotwell Publishing

From Green Altar Books, an imprint of Shotwell Publishing

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