‘Intellectuals yet idiots’: RT’s Keiser Report tests theory about central bankers

‘intellectuals-yet-idiots’:-rt’s-keiser-report-tests-theory-about-central-bankers

23-07-19 12:43:00,

The use of ultra-low interest rates and bond-buying programs by the world’s major central banks including the ECB, BOJ and the Federal Reserve has pushed the total amount of debt with yields below zero to a record of $13 trillion.

RT’s Keiser Report discusses the issue with Chris Martenson of PeakProsperity.com who says “central bankers are really intellectuals yet idiots.” 

They make completely ridiculous statements and are not questioned or challenged at all, according to Martenson.

“They are able to say completely dumb stuff… It’s kind of listen what the king says that he is wearing clothes when he is just totally naked.”

The economic researcher told Max Keiser and Stacy Herbert: “You know, it’s just ridiculous that the Federal Reserve can’t just own up to the fact that it is the proud owner of the largest wealth and income gaps in all our history.”

He stressed that $13 trillion of negative yielding debt is “guaranteed losses, it’s not even like you have to wait till infinity to get your returns, you will never get your money back from those.”

For more stories on economy & finance visit RT’s business section

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An Idiot’s Guide To Destroying Your Country In Six Easy Steps

an-idiot’s-guide-to-destroying-your-country-in-six-easy-steps

15-07-19 07:41:00,

Authored by Robert Bridge via The Strategic Culture Foundation,

The United States of America seems to have a suicide wish as it wanders aimlessly down a continually narrowing path that can only lead to national ruin. Is this a premeditated act of self-annihilation or simply a series of foolish choices?

Before a nation can be effectively destroyed from within it is necessary first that it be owned lock, stock and barrel. An independent, freedom-loving people are less easily controlled than one that is effectively ball and chained, which brings us to the first step in the program.

1. Create a Central Bank

Beginning around 1910, representatives from the leading banking powerhouses – Morgan, Rockefeller, Rothschild, Warburg and Kuhn-Loeb – began meeting in secret at distant retreats, and not for the purpose of philandering with underage girls, mind you. No, these elitists had a totally different sort of crime up their sleeves, and that was to dominate the entire US banking system. And would it really surprise anyone that they succeeded? This was achieved by the passage of the Federal Reserve Act, signed into law by President Woodrow Wilson on Dec. 23, 1913, which took away the constitutional power “to coin money, regulate the value thereof,” as enacted by the US Constitution.

As Anthony C. Sutton summed up the dire situation in his book, The Federal Reserve Conspiracy, “Congress handed over all monetary powers to the Fed in 1913. The Fed is a private bank, owned by banks, and pays dividends on its shares owned only by banks. The Fed is a private Bankers’ Bank.”

Today, the power of ‘printing money’ rests with a private corporation. In fact, the Fed is not actually in the business of printing currency, which is handled by Treasury; instead, it creates bank deposits which are stored at the Fed. This ‘legal’ banking cartel, which can manipulate inflation at will, never has to deal with serious competition, least of all from the US government. Indeed, crotchety Uncle Sam depends on this institutionalized ‘lender of last resort’ for his money supply, which he must return – with excessive interest – thus guaranteeing America’s eternal indebtedness, or until the country simply goes broke.

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Blithering Idiots Express Fear That Putin Will Rig 2020 Election For Trump

blithering-idiots-express-fear-that-putin-will-rig-2020-election-for-trump

04-05-19 08:55:00,

“Putin” is the number one USA trend on Twitter as of this writing, which is always a reliable sign that something very stupid is happening in American media.

“Putin” is once again the hysterical shrieking buzzword of the day because Donald Trump openly boasted at a press conference of having had an hour-long phone call with the Russian president, in which he claims the two leaders discussed nuclear de-escalation, Venezuela, North Korea, and the discredited “collusion” narrative. When asked whether he’d told Putin not to meddle in the 2020 US elections, Trump replied, “We didn’t discuss that.”

“Had a long and very good conversation with President Putin of Russia,” the president tweeted. “As I have always said, long before the Witch Hunt started, getting along with Russia, China, and everyone is a good thing, not a bad thing. We discussed Trade, Venezuela, Ukraine, North Korea, Nuclear Arms Control and even the ‘Russian Hoax.’ Very productive talk!”

Had a long and very good conversation with President Putin of Russia. As I have always said, long before the Witch Hunt started, getting along with Russia, China, and everyone is a good thing, not a bad thing….

— Donald J. Trump (@realDonaldTrump) May 3, 2019

So of course everyone is now in garment-rending apocalyptic DEFCON 1 catastrophe mode.

“It bears repeating: We have been given no indication that Trump or his re-election campaign will hesitate to take advantage of Russian help again in 2020, in whatever form it might take,” warned the Wall Street Journal’s Dustin Volz.

“President Trump today continues to belittle Russian election interference in the 2016 presidential election, as well as continued election interference,” CNN’s Jake Tapper solemnly warned today. “The president went on to tell reporters later that he did not tell Putin to stop engaging in election interference which remains, according to Trump’s own top national security officials, a continuing threat to the United States. Based on the president’s public statements, and apparently his private one with Vladimir Putin, the man who led and continues to lead cyber-attacks on the United States, the president’s more concerned with underlining that Special Counsel Robert Mueller was unable to find sufficient evidence that any member of his team was involved in criminal conspiracy with Russia.”

“The simple fact is this: Trump remains — despite all available evidence — a skeptic about both Russia’s past attempts at interference in the 2016 election and,

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