State of the World's Economy Is Dire!
Lorimer Wilson * Munknee.com
Minor tidbits of good news, combined with manipulated and seasonally adjusted economic figures, are giving politicians worldwide reason for spreading their optimistic gospel of recovery that has nothing to do with reality. [They are nothing but] false hope and total misunderstanding of the real state of the world economy.
So says Egon von Greyerz (goldswitzerland.com) in edited excerpts from his original article* entitled The Real State of the Economy Is Dire.
[The following article is presented by Lorimer Wilson, editor of www.FinancialArticleSummariesToday.com www.munKNEE.com and the FREE Market Intelligence Report newsletter (sample here – register here) and may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. This paragraph must be included in any article re-posting to avoid copyright infringement.]
von Greyerz goes on to say in further edited excerpts:
A world based on debt
How can a world with $250 trillion of debt and over $1 quadrillion of worthless derivatives ever recover? Of course it can’t, especially since this is a world that is supported by legs of worthless printed paper money – legs that are just getting longer and more unstable by the day as trillions are added to the debt every year.
Wherever we turn Europe, USA, Japan and many other nations, the situation is totally beyond repair….It is not just beyond repair but we are likely to be at the end of a major economic cycle that started at the end of the Dark Ages. I wrote about this back in 2009 in my article “The Dark Years Are Here” . Major economic cycles take a long time to develop and if we are now at the beginning of a major downturn in the world economy, people living today will only experience the very beginning of the downturn but, sadly, the beginning will be a major and very unpleasant upheaval that virtually nobody will escape.
We have had a century of false prosperity based on printed money and credit. In the last 100 years we have seen the creation of the Fed in the US (a central bank owned, created and controlled by private bankers) combined with fractional reserve banking (allowing banks to leverage 10 to 50 times), exploding government debt and a derivatives market of $1.4+ quadrillion. These are the principal reasons why the world economy has expanded in the last century and particularly in the last 40 years. These four extremely shaky legs:
- Central bank printing,
- Bank leverage,
- Government borrowing and
- Derivatives manufacturing
have created a world of delusional wealth and illusory prosperity. Also, there is a total absence of moral and ethical values. We are in the final stages of an era of extreme decadence, an era that sadly cannot and will not have a happy ending.
Europe a hopeless case
…In Europe the Mediterranean countries are expanding their debt at exponential rates. Government debt-to-GDP of Spain, Portugal, Italy and Greece is ranging from 100% to 180%. There are futile attempt at austerity but this only leads to lower growth and higher debts. There is sadly no way out for these countries whose population is suffering terribly. The best solution would be to leave the EU and the Euro [and] renege on the debts and devalue currencies but the Eurocrats are unlikely to accept this and would rather add more debt and print more money, making the situation even worse.
US debt will sink the world
The situation in the U.S. is no better. There is hardly one economic figure being published that has anything to do with reality.
- Real unemployment is 23% and not 7% as published.
- GDP using real inflation figures has been declining for years, and
- real wages have declined for 40 years.
- The perceived increase in living standards has only been achieved with a massive increase in debt.
US government debt was $1 trillion in 1980, $8 trillion in 2006 when Bernanke became Chairman of the Fed and is now $17 trillion and growing by at least one trillion a year. Bernanke has managed to create $9 trillion of debt during his brief 7 years as Chairman of the Fed…and this debt excludes unfunded government liabilities of around $220 trillion. Who in their right mind can believe that the U.S. can get out of this hole!
Yes, the U.S. and the rest of the world will print unlimited amounts of money but printed money is printed worthless pieces of paper and has nothing to do with wealth creation. The worldwide printing will just add to the already unsustainable debt worldwide and not create one penny of added prosperity. Instead we are likely to see a hyperinflationary depression in many countries.
Conclusion
For the privileged few that have financial assets to protect, physical gold stored outside the banking system is likely to be the best way to preserve wealth and purchasing power.
[Editor’s Note: The author’s views and conclusions in the above article are unaltered and no personal comments have been included to maintain the integrity of the original post. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.]
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Every thing on this planet is manipulated. Good luck with eating your gold stores when your hungry.
How can a world with $250 trillion of debt and over $1 quadrillion of worthless derivatives ever recover? Of course it can’t, especially since this is a world that is supported by legs of worthless printed paper money – legs that are just getting longer and more unstable by the day as trillions are added to the debt every year. Simple! Stand up and take it all back and return to constitutional gov where debe free money is used backed by all the assets seized world wide. We could recover by simply declaring all debts created out of thin are null and void. Pay the honest debts only. 385 billion of personal tax money fuels this corruption/interest and is sent to a private corporation then sent to the IMF. Look it up. http://www.mindserpent.com/American_History/federal/IRS/internal_revenue_service-birth_and_history.htm
Where is the Money?
Where does the money go that is paid into the IRS? It spends at lease a year in what is called a “quad zero” account under an Individual Master File, after which time the Director of the IRS Center can apparently do whatever he wants with the money. It is sometimes dispersed under Treasury Order 91 (Rev. 1), May 12, 1986 which is a service agreement between and the Agency for International Development, AID.
http://www.mindserpent.com/American_History/federal/IRS/internal_revenue_service-birth_and_history.htm If you have not read this it is time you do. Learn now!
——————————————————————————-
Subject: FW: 11 Amendment Notice for courts.
Date: Fri, 13 Sep 2013 18:15:47 -0700
The IRS is an illegitimate and private collection agency of the Fed and uses color of law and the “abuse of process”, and the power of the boot and the gun to oppress citizens and illegally strip them of their assets (astute researchers have shown beyond any reasonable doubt that the 16th Amendment was never fully ratified and has been covered up by lies and false narratives).
REPETITION OF USURPED GOVERNMENT POWERS RENDERED UNCONSTITUTIONAL.
Unconstitutional usurpations by one branch of government of powers entrusted to a coequal branch are not rendered constitutional by repetition.
The United States Supreme Court held unconstitutional hundreds of laws enacted by Congress over the course of five decades that included a legislative veto of executive actions in INS v. Chada, 462 U.S. 919 (1982).
According to the Library of Congress the FBI never obtained the required charter and is illegitimate. Even the CIA which is reputed to be another enforcement arm of the offshore London Banksters obtained a USG charter.
“Every person (this includes EVERY government official) who under color of law, deprives any citizen of rights, privileges, or immunities secured by the United States Constitution is subject to civil and/or criminal penalties pursuant to Title 42, United States Code, Section 241 and 242. Penalties include up to $10,000 fine and/or 10 years to life imprisonment, or both, if death results.”
_____________________________________________________________________________
Ignorance of the Law does not excuse misconduct in anyone, least
of all a sworn officer of the law. (Maxim of law)
No one is believed in court but upon his oath. (Maxim of law)
AFFIDAVITS
All Affidavits are TRUTH AFFIDAVITS-for they are the manner for the Sovereign
People to address other Sovereign people or government. The Constitutions statethat all cases of
Common Law will be tried by Affidavits. Affidavits state only the facts
provable by the maker.
Affidavits
are mainly in COMMERCE and deal with COMMERCIAL MATTERS.
Affidavits entered in the County Records/Public Records become
PUBLIC POLICY and are established as the facts of the case/issue.
Affidavits entered in the County Records/Public Records and not REBUTTED
after 30 days becomes the Law of the (particular) Case/Issue.
Affidavits establish the Law for the cases in COMMON LAW and
through the County Recorder/Public Record they become PUBLIC POLICY. PUBLIC
POLICY is not for the Sovereign People. It is for the PUBLIC (SERVANTS)
OFFICIALS, OFFICERS, WORKERS, AGENTS, etc.
Sovereign People are PRIVATE, the government is PUBLIC (including
everything in the public corporations).
After entering the AFFIDAVIT into the County Record/Public
Record, three certified copies should be obtained from the Notary Public, if
the case is in a CORPORATE COURT (which it always is).
One copy is entered into the Records of the Court (file stamp into case)
and take the other two copies to court.
Upon the court appearance, present one to the Plaintiff and give the other to
the bailiff to hand to the Judge.
From this point on you are the Creditor or Secured Party in the case and
the case cannot proceed until your AFFIDAVIT has been rebutted.
At that point simply notify the Judge (administrator), My AFFIDAVIT has
not been rebutted, I am Creditor and Secured Party to this action and
I, Sui Juris, John,
a competent natural man of the genealogy of Doe, on the Land do
hereby choose to honor your offerand accept the
constitutions of the United States of America and the State of Illinois and
your mandated Oath of Office as the designated PUBLIC SERVANT, doing
business as “Judge – Circuit Court Cook County,” as found filed and recorded in
the official public records of Cook County Illinois, as instrument 2003023744
dated the 19 day of January 2012,successor, assigns and
Court Clerks and all PUBLIC SERVANTs relating, as your open andbinding offer of promise
to form a firm and binding contract between the respective governments, their
political instrumentalities and all the above so recognized PUBLIC SERVANTs and
Me, in My private capacity. Certified copy of instrument
2003023744 attached. By My acceptance for
“full acquittance and discharge” with prejudice and I am leaving.
If you do not want to go to the court-simply write an order to the court for
Full Acquittance and Discharge with prejudice.
Any papers received after this can be sent back refused for
“failure to state a claim upon which relief can be granted” in
REBUTTAL of your Affidavit.
Affidavits must be entered into the County Record/Public Record for it
is here that PUBLIC POLICY LAW is established by the Sovereign People.
If it is not put into the County Record/Public Record – it must
be placed in the Newspaper for 3 weeks or posted on the court bulletin board
for 3 weeks. or posted on the Internet.
COMMON LAW-THE FACTS
Common Law is the beginning of all Law and in its perfection is
the absence of all Law and in today’s society it is known as PUBLIC POLICY.
Common Law summed up in simple terms is the will of the people and will
manifest itself in separate cases as people so rule with their conscience and a
sense of fair play.
Common Law is a Law that is Common to all People.
Common Law is Common Sense and is the Law of the Creator of this
Universe – Do unto others as you would have them do unto you.
Common Law supersedes all Law and is Superior in all Cases to Statutory
Law, Codified Law, and Rules and Regulations, Codes etc.
Common Law establishes Constitutions as all Power is inherent in the People.
Common Law establishes through the Constitution all restrictions on the
corporate government (public servants).
Constitutions never give the corporate government power for legislating
People.
Government only has the power to Legislate the workings of the different
functions of the various departments to allow the people Life, Liberty, and the
Pursuit of happiness.
Constitutions can never establish Common Law…for then all Power would
not be in the People, but would be in the Constitution and it is only a piece
of paper, and the Peoples right to redress grievances or to amend, change, or
address any problem could not be.
The Creator created man… man (with help) created government,
government started CORPORATIONS.
The Creator rules over man,
man rules over government,
and government rules over CORPORATIONS.
Governments are mere pieces of paper to be altered and changed to the whim of
the living souls.
CORPORATIONS are mere pieces of paper that government can change and alter at
their whim.
The Creator is Superior over Man,
government, and CORPORATIONS.
Man is superior to government and CORPORATIONS.
If man says they do not exist-they do not exist.
Simply said, Common Law – PUBLIC POLICY – the Will of the People, a Law
Common to all People.
____________________________________________________________________
Simply ask the public servant will you swear to that in writing
signed under your commercial liability?
Simple say I will hold you personally liable for any injury,
violation of rights to me, my family, my property.
______________________________________________________________________
Source: http://nesaranews.blogspot.com/2013/07/power-of-affidavits-common-law.html
——————————————————————————–
N THE COURT OF . . . .
Petitioner Ticket # or Document #
HEARING OFFICER:
Vs
FICTTIOUS PLAINTIFF
NO JUDICIAL POWERS
ELEVENTH AMENDMENT NOTICE,
ELEVENTH AMENDMENT VIOLATION,
And DEMAND FOR ADMINISTRATIVE
HEARING AGAINST PLAINTIFF
NOTICE and AFFIDAVIT
All “judicial power” of the “inferior courts” comes from the
Judiciary Act of 1789, as did the Attorney General position. “Judicial
power” comes from Article III, Section 2 of the Constitution. The
Eleventh Amendment removed all “judicial power” in law, equity,
treaties, contract law, and the right of the State to bring suit against
the People.
“There are no Judicial courts in America and there has not been since
1789. Judges do not enforce Statutes and Codes. Executive
Administrators enforce Statutes and Codes. There have not been any
Judges in America since 1789. There have just been Administrators.” (FRC
v. GE 281 US 464, Keller v. PE 261 US 428 1Stat. 138-178)
The positions of Attorney General and Prosecutor, of both the United
States and the several states, come under the Judicial branch not the
Executive branch of the government. All attorneys come under the
Judicial branch and are judicial officers under the Supreme Court, not
under the Secretary of State as licensed professionals, which means they
can only represent the Court and not the People or the State. The
Eleventh Amendment removed all “judicial power” from the “inferior
courts” and the prosecutor’s office as well as from all court officers
in law, equity, and so forth. The Eleventh Amendment also makes a
foreign state separation from the position of the Public
Office positions to throw off the People. The People have Eleventh
Amendment immunity, because there is NO “JUDICIAL POWER” of the
“inferior courts” AND the People have FOREIGNSOVEREIGN IMMUNITY. Article
III, Sec. 2, U.S. Constitution “The
judicial Power shall extend to all Cases, in Law and Equity, arising
under this Constitution, the Laws of the United States, and Treaties
made, or which shall be made, under their Authority;–to all Cases
affecting Ambassadors, other public ministers and Consuls;–to all Cases
of admiralty and maritime Jurisdiction;–to Controversies to which the
United States shall be a Party;–to Controversies between two or more
States;–between a State and Citizens of another State;–between Citizens
of different States;–between Citizens of the same State claiming Lands
under Grants of different States, and between a State, or the Citizens
thereof, and foreign States, Citizens or Subjects.”Eleventh Amendment
“The Judicial power of the United States shall not be construed to extend to any suit in law or equity, commenced or prosecuted against one of the United States by Citizens of
another State, or by Citizens or Subjects of any Foreign State.”
NOW, COMES, ____________________________, the Petitioner, with this NO
JUDICIAL POWER, ELEVENTH AMENDMENT NOTICE, ELEVENTH AMENDMENTVIOLATION
and a DEMAND FOR an ADMINISTRATIVE HEARING AGAINST PLAINTIFF
The Hearing Officer in charge is aware that the Eleventh Amendment
removed all” Judicial Power” from this hearing, turning it into an
Administrative hearing with no “judicial power” to rule in OR on law,
equity, treaties, contract law OR issues between the State OR the UNITED
STATES and its People. The Hearing Officer is aware, as is the
Petitioner, that the authority delegated by Article III, Section 2 of
the Constitution for the United States of America was amended and
revoked by the Eleventh Amendment on February 5th, 1795.The Hearing
Officer is also aware that the Offices of Attorney General and
Prosecutor were created under the same Judiciary Act as were the
“inferior courts.” When the Eleventh Amendment removed “Judicial Power”
from the Courts, it also removed “judicial power” from the prosecution.
Any prosecution done in law, equity, contract law, treaties or claims by
the State against the People now constitutes Putative Fraud and
Dishonest Service due to the salary contract that the public official
has with the People to perform his/her duties as a Hearing Officer and
Prosecution Officer. These contracts of these Public Officers are
private contracts under the Constitution, Article I, II, and III and
under the Compensation clause for services to the People. It is a fact
that a pleading cannot be placed before a court without “judicial power”
and 12(b) (1) or 12 (b) (2) of the FRCP
and the Civil Rules of Procedure,
clearly defines why there is no “judicial power” before which to make
such a pleading. The Petitioner now Demands dismissal due to lack of
judicial power and jurisdiction, and Demands a grant of sweat equity to
the Petitioner for labor and time required to address this hearing at a
rate of $1500.00 dollars for appearance, $250.00 dollars per hour for
labor and any part of such hour for the time required to deal with this
issue, with Payment in Full at time of dismissal of this hearing. This
is Option A.
Or. Option B requires the Hearing Officer to convene this court as
“administrative” under Congressional mandate S.7, 60 Stat 237 of the
Administrative Procedure Act of 1946, so that the Petitioner can set
forth such claim of injury under Civil Rights violation, R.I.C.O.,
threat of a firearm to compel Petitioner, threat of extortion,
kidnapping, misuse of emergency lights, assault with intent to injure,
violation of domestic terrorism, and contract-default violation
increasing the public debt. The Petitioner now places a 14th Amendment,
Section 4 bounty against the plaintiff and against the public debt and
demands $150 million dollars for any such contractual violation against
the public debt, plus any amount of public debt accrued by that private
party(s) in such a contractual agreement between that party and the
Petitioner at such time and place that is agreed upon to conduct such
contractual agreement. Such public debt then shall be paid to the
Petitioner in FULL at the time and place specified, upon the conclusion
of such agreement by the party(s) entering into such contractual
agreement. The plaintiff has now created more public debt which now
needs to be paid back to the public. The citizen’s share of the debt
owed is $40,871.33, which is to be paid to the petitioner as their part
of this public debt. The Petitioner will remind the Hearing Officer of a
“sanction” for such violation under Administrative Procedure, Title 5,
USC, Section 551, which includes repaying the public debt under 14th
Amendment bounty by removal from office of the Plaintiff and other
parties involved, loss of benefits, loss of performance bonds and any
other bond to that position to pay the public debt, as well as paying
back all wages collected when carrying out judicial fraud, and “LOSS” of
the plaintiff and other parties’ property such as homes, vehicles, bank
accounts, stock share in all court cases due to illegal gain of such
items by way of fraud perpetrated on the defendant. All of this creates
the public debt by the Plaintiff and the courts and parties by this
action against the Petitioner. ______________________________ NOTARY
_______________________ STATE OF ____________________ COUNTY
OF_____________________ PROOF OF SERVICE NOW, COMES,
___________________________, Petitioner with this
ELEVENTH AMENDMENT NOTICE, ELEVENTH AMENDMENT VIOLATION, And DEMAND FOR ADMINISTRATIVE HEARING AGAINST PLAINTIFF
before the Clerk of Court of___________________ on this
day_____________ and month of________________ in the Year of Our Lord,
2013, AD. All copies delivered directly or by U.S. Postal
Service. ______________________________
_____________________________________________________________________________
All seats of government have been vacated!
December
26, 1933 49 Statute 3097 Treaty Series 881 ( Convention on Rights and
Duties of States ) stated CONGRESS replaced STATUTES with international
law, placing all STATES under international law.
December 9, 1945, the International Organization Immunities Act relinquished every public office of United States to United Nations.
22 CFR 92.12-92.31 FR Heading “Foreign Relationship” states that an oath is required to take office.
Title
8 USC 1481 states once an oath of office is taken, citizenship is
relinquished, thus one becomes a foreign entity, agency, or state. That
means every public office is a foreign state, including all political
subdivisions. ( i.e. every single court is considered a separate foreign
entity ).
Title 22 USC ( Foreign relations and Intercourse ) Chapter 11 identifies all public officials as foreign agents.
Title
28 USC 3002 Section 15A states United States is a Federal Corporation
and not a government, including the Judicial Procedural Section.
Federal Rules of Civil Procedure ( FRCP ) 4j states that the Court jurisdiction and immunity fall under a foreign state.
The
11th Amendment states “The Judicial power of the United States shall
not be construed to extend to any suit in law or equity, commenced or
prosecuted against one of the United States by Citizens of another
State, or by Citizens or Subjects of a Foreign State.” ( A foreign
entity, agency, or state cannot bring any suit against a United States
citizen without abiding the following procedure. )
Title
22 CFR 93.1-93.2 states that the Department of State has to be notified
of any suit, and in turn has to notify the United States citizen of
said suit.
Title
28 USC 1330states that the United States District Court has to grant
permission for the suit to be pursued once the court has been supplied
sufficient proof that the United States citizen is actually a corporate
entity.
Title 28 USC 1608 One has Absolute Immunity as a Corporation.
Title
28 USC 1602-1611 ( Foreign Sovereign Immunities Act ) allows the
jurisdiction of a court to be challenged, and a demand of proper
jurisdiction to be stated.
July
27, 1868, 15 Statutes at Large Chapter 249 Section 1 “Acts Concerning
American Citizens in a Foreign State,” expatriation, is what is broken
when jurisdiction is demanded, and is not met with an answer.
Under
the Federal Rules of Civil Procedure 12b 6, the prosecution has failed
to provide adequate proof that the parties involved in this situation
are actually corporate entities. There is ample proof that the
prosecution and other agents are actually corporations.
In
1950, the 81st Congress investigated the Lawyers Guild and determined
that the B.A.R. Association is founded and run by communists under
definition. Thus, any elected official that is a member of the B.A.R.
will only be loyal to the B.A.R. and not the people.
In
1933, elected officials and the alleged “country” have been given to
the United Nations Government system. Under Senator Barack Hussein
Obama’s Bill, SB2433, the Poverty Act of 2007, the UN military forces
can step on American soil to confiscate weapons from U.S. citizens.
Under the Bush Administration, B.A.R. Attorney General Ashcroft and
Haliburton established FEMA Concentration Camps for U.S. citizens who
refuse the new world order/one world government.
“That
the Pan American treaty of 12-26-1933 (49 STAT 3097) Treaty Series 881 –
(Convention on Rights and Duties of States) stated CONGRESS replaced
STATUTES with international law, placing all states under international
law.
That
the International Organization Immunities Act of 12-9-1945 – – Congress
relinquished every public office over to the UN. Local governments up
to the president fall under UN jurisdiction. Congress gave the UN the
right to dictate what laws will be international & gave them the
right to tax the States.
That
the International Reorganization Rescind Act- Congress put this into
form but they never took action to rescind the act. Fairly recently an
Ohio judge filed suit claiming that Congress did not have the right to
relinquish government authority over to the UN (a corporation or foreign
country) and that the Congressional act was a constitutional violation
because they didn’t put it to the States or the people to agree on it.
In 2005 the US Supreme court declined to hear the case therefore all
public offices are under UN jurisdiction & they are not American
Citizens.
That
the Oath of Office – Title 5 USC 331, 332, 333 backed up by Title 22
CFR Foreign Relations 92.12 – 92.31 and Title 8 USC, section 1481 – the
public official relinquishes his national citizenship and are thus
foreign agents as stipulated under Title 22 USC, chapter 11, section
611, loss of national citizenship – Public officials are no longer US
Citizens, but rather are foreign agents and must register as such.
That
Title 8 USC 1481 stated once an oath of office is taken citizenship is
relinquished, thus you become a foreign entity, agency, or state. That
means every public office is a foreign state, including all political
subdivisions. (i.e. every single court is considered a separate foreign
entity).
That Title 22 USC (Foreign Relations and Intercourse) Chapter 11 identifies all public officials as foreign agents.
Title
28 USC 3002 Section 15A states that the United States is a Federal
Corporation and not a Government, including the Judiciary Procedural
Section.
That the Federal Rules of Civil Procedure (FRCP) 4j states that the Court jurisdiction and immunity fall under a foreign State.
That 28 USC CHAPTER 176 – FEDERAL DEBT COLLECTION PROCEDURE.
The Federal Debt Collection Procedure places all courts under equity and commerce and under the International Monetary Fund.”
That
in 1950 81st Congress investigated the Lawyers Guild and determined
that the B.A.R. Association is founded and run by communists under
definition. Thus any elected official that is a member of the B.A.R.
will only be loyal to the B.A.R. and not the people.
__________________________________________________________________________________
The United States is a “Federal Corporation”: 28 U.S.C. § 3002 Which only has power within the 10 mile sq Look up the Act of 1871
“Every person (this includes EVERY government official) who under color of law, deprives any citizen of rights, privileges, or immunities secured by the United States Constitution is subject to civil and/or criminal penalties pursuant to Title 42, United States Code, Section 241 and 242. Penalties include up to $10,000 fine and/or 10 years to life imprisonment, or both, if death results.”
The reason why the Bible says we will always have the poor is all economy is based on credit or credit expansion via interest.
In another words going beyond the value of known wealth by being interest based debt. But this creates economical bubbles. Thus the Jubilee year to pop it once every 50 years before it gets to look like Honey BooBoo.
Also, I agree with someone said is that all employees should be paid EVERDAY not every month or weeks. This is also Biblical based. This works better in fulfilling human needs which are everyday and not once a month or week on payday only.
The other Biblical reason why it will crash is the charging of internal interest which is forbidden in the Bible amongst the tribes.
Somebody said to me the ideas are terrific but no one wants to try it because it makes so much sense.