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[Leslie <cayadopi AT yahoo.com>]

________________________________
From: Lynn Wigglesworth lynnw1366 AT hotmail.com

<<<<<< All great civilizations eventually fall from corruption and apathy 
within. What I 
don't understand is, with so many people fearing communism, why are we 
allowing ourselves to become a wholly-owned subsidiary of China? >>>>>>>>>>>

I think it is a "slight of hand" type move.  The current fear shouldn't be of 
communism.
It should be of fascism, the merger of state and corporations.  If they can 
keep us focused on the word communism, we will miss the signs and symptoms 
and implications of fascism.



As to China, I wish I could remember from a decade ago which Mises.org 
article I read that helps explain some of the psychology behind the way the 
masses tend the make their purchasing decisions.

Basically, it comes down to this.  Throughout history, people for the most 
part tend to acquire the best quality, but at prices they can afford.  They 
want and covet the better quality stuff, but if they can't afford it, they 
wind up sacrificing quality, UNLESS they have the discipline to save up for 
better quality.  

Discipline of the masses to save over the last couple of decades is pretty 
much unheard of in this country.    Need proof?  Just look at credit card 
debt and home equity loans to purchase consumer goods.  With all the 
defaults, their purchasing power (via credit) has been drastically reduced.  
their purchasing power via debasing the USDollar is what forced so many to 
get so deep into debt.  They are now forced to either sacrifice quality or do 
without, or steal.

Let's say you are a low to minimum wage earner, and you go to Walmart and you 
see an electric cake mixer made in the USA for $100, and one made in China 
for $19 (if you even looked at the package to see country of manufacturing 
origin).  You open the package and you can see that the blades on the one 
made in China obviously are thinner.  You can see that the motor isn't as 
heavy - but it will still stir up cake mix............ you choose the one for 
$19.  In your mind you didn't spend $19, you saved $81.

You aren't thinking about communism or fascism.  

You aren't thinking about the effect that your decision to purchase a foreign 
goods is a huge factor in keeping US jobs overseas.  

You don't know that the reason you have to purchase a foreign good instead of 
a Made in USA good is because your government has betrayed you by debasing 
the currency over and over and over.

You aren't thinking about and probably don't even know that the IMF just did 
a middle of the night coup d'tat on the world's currencies and the impact 
this is going to have on future prices of goods.  (Another email in a bit on 
this.)

Heck, you might not even know how far away it is to drive to or fly to New 
York City, let alone China.  (Sounds ridiculous?  It isn't.  You can't 
imagine how many young people I've met who think NYC is a 2-3 hour drive from 
Miami, and didn't know that hamburer is ground up beef.  Some of the teenage 
kids I've met never had a homecooked meal - meals come from McD's or from a 
tv dinner box...)

And on and on.  

All you are thinking about is you've always wanted an electric cake mixer (or 
need to replace your broken one), and that you can't afford the more 
expensive one because your credit card doesn't have that much available 
credit limit left.

Unless, of course, your credit card isn't maxed out, then you might make a 
different decision, even if you can't afford it.



Under Hitler, the people were forbidden to purchase products from the Jewish 
merchants, in an attempt to force the masses to purchase higher priced 
cheaper quality products from German merchants.  But, the masses knew that 
Jewish people had the best quality at better prices.  So they broke Hitler's 
decrees and bought from them anyway whenever they could.  Even Hitler himself 
purchased from the Jewish merchants.  The Jewish merchants risked selling to 
the masses, even though they were risking their own freedom and lives.  And 
the masses risked going to jail.  Hitler solved the Jewish merchant 
problem,,, thru his extermination program.  Did the Jewish merchant fully 
understand that risk of the gas chamber when he made the sale?  Did the 
German consumer understand he risked getting those merchants killed?

(Of course a lot more was going on back then, but this is something a lot of 
people don't know.)

A US example would be the shift to purchasing Made in Japan cars instead of 
USA cars.  Were people thinking about shifting jobs overseas when they 
started this?  Nah, it was a just a good quality product at a lower price 
type decision.  (Eventually somebody figured it out, and some Japanese cars 
are now made in USA....)


The uneven parallel here is that the US consumer is purchasing imported 
goods, at the risk of destroying our own economy ..... unwittingly.  They see 
the bumper stickers "buy USA" but they don't understand why when they are 
over at Walmart.   Does the US consumer fully understand the impact of his 
purchase of Made in China?  Or the reason our government debased the currency 
which is what is forcing the decision to buy Made in China in the first 
place?  

I'd place my bets that 95% of the US population doesn't.

They don't make the connection.

They do hear government leaders on brainwash-vision blame the Chinese for 
manipulating their currency.............blame it all on the Chinese.

<<<....why are we allowing ourselves to become a wholly-owned subsidiary of 
China?>>>  

Because the masses have no concept of currency devaluation, the true cause 
and risk of inflation, the impact of their purchasing decisions, living 
within their means, staying on top of government overspending and the risk of 
making the government "take care of everything cradle to grave".... and they 
are brainwashed by the b.s. on TV.



>From cayadopi AT yahoo.com  Tue Sep  8 13:49:21 2009
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From: Leslie <cayadopi AT yahoo.com>
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Subject: [Homestead] IMF coup
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http://www.kitco.com/ind/Nathan/aug312009.html
 
(Emphasis added in CAPS.)
 Late on a Friday in August, when most people around the world
were not looking, the international monetary system, in an
unprecedented move, evolved. We were notified by the IMF of the
following:
 
 
AUG. 28 (Bloomberg) -- The International Monetary Fund said it
today pumped about $250 BILLION INTO FOREIGN-EXCHANGE RESERVES WORLDWIDE, 
acting on an APRIL call from leaders of the Group of 20
nations to boost global liquidity.
 
Countries will be able to convert the money, to come from so-called
Special Drawing Rights, into hard currencies through “voluntary
trading arrangements” with other members, the IMF said on its
Web site today. The SDRs are the institution’s unit of account
based on a basket of currencies.
 
The allocation, approved by the IMF’s board of governors earlier
this month, will not increase the fund’s pool of money available for
lending, the IMF said. “It will, however, provide members with an
additional method to obtain hard currencies.”
 
Another smaller reserves allocation of about $33 billion will take
place SEPT. 9 and will be limited to members that joined the lender
after 1981, such as countries from the former Soviet bloc, the IMF
said.
 
About $110 billion of the total allocation will go to emerging-market
and developing countries and $20 billion to low- income nations.
 
“A number of members with sufficiently strong external positions”
have already said they are ready to set up or expand existing
arrangements enabling the sale or purchase of SDR's, the IMF
said. The lender typically acts as a broker and arranges
transactions between parties at no cost. 
(End News Release)
 
 
What this means is that FOR THE FIRST TIME IN HISTORY WE HAVE A WORLD CENTRAL 
BANK CAPABLE OF CREATING MONEY OUT OF THIN AIR.No longer
does the IMF need to borrow money with a vote of all members
PLUS the consent of the US CONGRESS It can simply create whatever
amount of money it needs through the creation of SDRs. Not for
itself, mind you, but for the world. The SDR has been around since
1967, but never as a convertible asset. That changed Friday,
August 28th, 2009. The SDR has quietly mutated.
 
The decision was made August 7th, in an IMF vote. According to
the IMF "GLOBAL RESERVES increase from just USD[OLLARS] 33 BILLION to
USD 283 BILLION or about 4% of global reserves excluding gold. In
addition, the IMF will start issuing SDR notes later this year (CHINA, BRAZIL 
AND RUSSIA will be the main buyers). These SDR notes can be counted as part 
of currency reserves and hence SDR assets could reach 5% of total reserve 
assets later in 2009 and possiblycurrency provided"asset" will fill that 
role. Like the dollar, this(a larger bank of last resort)
surpass GBP, JPY and CHF in importance as reserve assets."
 
This is a foot in the door.
 
The prospect of this happening was covered in my article, The
Making Of An International Monetary Crisis:
 
"The spectacle of billions of INCOVERTIBLE DOLLARS FROZEN in the vaults
of central banks has brought on CRIES OF CONDEMNATION OVER THE DOLLAR'S 
CREDIBILITY as a reserve currency. The Policy Maker’s theory of a stable 
yet artificially ever-expanding reserve currency has failed.
 
The "solution" to the problem (if the Policy Maker remains
consistent) will be to evolve the international monetary system from
a system in which an EVER-EXPANDING RESERVE 
the world with credit and liquidity, to a system in which an everexpanding
reserve 
reserve "asset" will amount to circulating debt, i.e. something owed
rather than something owned. It will be a non-market instrument,
deriving its acceptability from government cooperation and decree,
"immune from the laws of the free market and outside the reach of
greedy speculators."
 
Where will this "asset" come from? Under the Bretton Woods
system, dollar reserves were furnished by the U.S. central bank.
Both the bank and the "asset" failed to provide sufficient stability.
The NEXT STEP IS TO CREATE A WORLD BANK 
CONTROLLED BYÂ an international organization (the IMF) with the power
to create a new "asset," INDEPENDENT OF ANY SINGLE GOVERNMENT's
monetary policy.
 
As a supplement to gold and like the dollar before it, this "asset"
should be a credit instrument. Unlike the dollar, it would have the
backing of an entire world of central banks. The "asset" should be
ever-expanding and should provide both liquidity and stability."
That asset is the SDR and the potential became a reality this
weekend. 
 
(For a further discussion of creating international
reserves and the SDR, see my articles The Making Of An
International Monetary Crisis and Bretton Woods 1944-1971, under
"Other articles" by Paul Nathan).
 
As of this weekend, THE WORLD IS 250 BILLION DOLLARS "RICHER".  NO PRODUCTS 
WERE PRODUCED.  NO TAXES WERE RAISED.  NOT EVEN ON ECENT WAS BORROWED.The 
IMF simply created a bookkeeping entry on
behalf of those countries it felt worthy of receiving additional
reserves. The reserves, SDRs, are a claim to "hard currency". The
HARD CURRENCYÂ WILL BE PROVIDED BYÂ  those with "sufficiently strong
external positions”, in other words, SURPLUS NATIONS.
 
There is no reason for surplus nations to part with hard currency,
save two, that I can think of: Altruism or POWER. And in my opinion
they are having a go at the latter. My read on this is that THE SURPLUS 
NATIONS HAVE JUST MADE AN END RUN AROUND THE UNITED STATES AND THE US 
Congress WHO HAVE VETO POWER OVER IMF DECISIONS. Surplus nations can now 
provide “voluntary trading arrangements” with non-surplus (importing) 
nations with the IMF as
"broker". This sounds like a MECHANISM FOR THE SURPLUS NATIONS TO PROVIDE 
BUYING POWER TO IMPORTING NATIONS AT THE EXPENSE OF US ALL.
 
The ability to inflate has now been augmented. It has transcended
national boundaries from national central banks to A WORLD CENTRAL BANK. This 
"new" bank now has the POWER TO CREATE MONEY.
 
Inflation is no longer limited to one currency but will affect all paper
currencies in the world. We now have the prospect of a
SYNCHRONIZED INTERNATIONAL INFLATION. It's not enough that citizens
throughout the world had to keep a keen eye on their nations
central bank, now we all need to keep an eye on the IMF.
 
The "IMF's Board Of Governors", a group never elected to office,
unknown to most, and ACCOUNTABLE TO NO ONE, has now gained the
power to create new claims on production without legal limits or
oversight from any regulatory body. All it need do is vote for more
SDRs.
 
Given the "announcement in the dead of night" tactics just
employed, I suggest we all sharpen our eyesight. This development
DOESN'T CHANGE THE INFLATION OUTLOOK FOR THE NEXT MONTH OR EVEN THE NEXT 
YEAR. But make no mistake -- the "POWERS THAT BE" just took
the fiat system and the INFLATION THREAT to a new level.
 
------------------------
 
I'm mulling all this one over.



>From lurine AT com-pair.net  Tue Sep  8 14:48:13 2009
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I think the public schools are a marvelous success.  The objective is to
teach consumerism.  Heck, half the junk out there is stuck in math textbooks
and other textbooks.

And, even those of us on this list fall pray to it.  You did, more or less,
with your example.  "you go to Walmart and you see an electric cake mixer
made in the USA for $100, and one made in China for $19 (if you even looked
at the package to see country of manufacturing origin). You open the package
and you can see that the blades on the one made in China obviously are
thinner. You can see that the motor isn't as heavy - but it will still stir
up cake mix............ you choose the one for $19. In your mind you didn't
spend $19, you saved $81."

Ah, no!  You don't buy the mixer at all if you have an ounce of sense and
you save $100.  It takes less time to grab a wooden spoon and mix the mix
than to get out the mixer and then clean up the mess.  There in lies the
real problem.  Not only are they stuck in consumerism, they want it either
done for them or done easier OR they want that great deal black box that
doesn't exist (the whole mortgage debacle is a prime example).

This country, overall, doesn't have the common sense of a truckload of
turnips!

And with all the masters of PMing (not on the computer), DT, Alinsky, etc.,
anyone with half a brain is immediately made to look like an idiot.

It still boogles my mind how quickly the Shiney Thing's PM team turned
around the birth certificate lawsuit and made it into a wingnut,
conservative, Republican thing when it was done by a DEMOCRAT!

Lynda
All politicians should be limited to two terms:  one in office, one in jail.
----- Original Message -----
From: "Leslie" <cayadopi AT yahoo.com>

I think it is a "slight of hand" type move. The current fear shouldn't be of
communism.
It should be of fascism, the merger of state and corporations. If they can
keep us focused on the word communism, we will miss the signs and symptoms
and implications of fascism.

As to China, I wish I could remember from a decade ago which Mises.org
article I read that helps explain some of the psychology behind the way the
masses tend the make their purchasing decisions.

Basically, it comes down to this. Throughout history, people for the most
part tend to acquire the best quality, but at prices they can afford. They
want and covet the better quality stuff, but if they can't afford it, they
wind up sacrificing quality, UNLESS they have the discipline to save up for
better quality.

Discipline of the masses to save over the last couple of decades is pretty
much unheard of in this country. Need proof? Just look at credit card debt
and home equity loans to purchase consumer goods. With all the defaults,
their purchasing power (via credit) has been drastically reduced. their
purchasing power via debasing the USDollar is what forced so many to get so
deep into debt. They are now forced to either sacrifice quality or do
without, or steal.

Let's say you are a low to minimum wage earner, and you go to Walmart and
you see an electric cake mixer made in the USA for $100, and one made in
China for $19 (if you even looked at the package to see country of
manufacturing origin). You open the package and you can see that the blades
on the one made in China obviously are thinner. You can see that the motor
isn't as heavy - but it will still stir up cake mix............ you choose
the one for $19. In your mind you didn't spend $19, you saved $81.

You aren't thinking about communism or fascism.

You aren't thinking about the effect that your decision to purchase a
foreign goods is a huge factor in keeping US jobs overseas.

You don't know that the reason you have to purchase a foreign good instead
of a Made in USA good is because your government has betrayed you by
debasing the currency over and over and over.

You aren't thinking about and probably don't even know that the IMF just did
a middle of the night coup d'tat on the world's currencies and the impact
this is going to have on future prices of goods. (Another email in a bit on
this.)

Heck, you might not even know how far away it is to drive to or fly to New
York City, let alone China. (Sounds ridiculous? It isn't. You can't imagine
how many young people I've met who think NYC is a 2-3 hour drive from Miami,
and didn't know that hamburer is ground up beef. Some of the teenage kids
I've met never had a homecooked meal - meals come from McD's or from a tv
dinner box...)

And on and on.

All you are thinking about is you've always wanted an electric cake mixer
(or need to replace your broken one), and that you can't afford the more
expensive one because your credit card doesn't have that much available
credit limit left.

Unless, of course, your credit card isn't maxed out, then you might make a
different decision, even if you can't afford it.

Under Hitler, the people were forbidden to purchase products from the Jewish
merchants, in an attempt to force the masses to purchase higher priced
cheaper quality products from German merchants. But, the masses knew that
Jewish people had the best quality at better prices. So they broke Hitler's
decrees and bought from them anyway whenever they could. Even Hitler himself
purchased from the Jewish merchants. The Jewish merchants risked selling to
the masses, even though they were risking their own freedom and lives. And
the masses risked going to jail. Hitler solved the Jewish merchant
problem,,, thru his extermination program. Did the Jewish merchant fully
understand that risk of the gas chamber when he made the sale? Did the
German consumer understand he risked getting those merchants killed?

(Of course a lot more was going on back then, but this is something a lot of
people don't know.)

A US example would be the shift to purchasing Made in Japan cars instead of
USA cars. Were people thinking about shifting jobs overseas when they
started this? Nah, it was a just a good quality product at a lower price
type decision. (Eventually somebody figured it out, and some Japanese cars
are now made in USA....)


The uneven parallel here is that the US consumer is purchasing imported
goods, at the risk of destroying our own economy ..... unwittingly. They see
the bumper stickers "buy USA" but they don't understand why when they are
over at Walmart. Does the US consumer fully understand the impact of his
purchase of Made in China? Or the reason our government debased the currency
which is what is forcing the decision to buy Made in China in the first
place?

I'd place my bets that 95% of the US population doesn't.

They don't make the connection.

They do hear government leaders on brainwash-vision blame the Chinese for
manipulating their currency.............blame it all on the Chinese.

<<<....why are we allowing ourselves to become a wholly-owned subsidiary of
China?>>>

Because the masses have no concept of currency devaluation, the true cause
and risk of inflation, the impact of their purchasing decisions, living
within their means, staying on top of government overspending and the risk
of making the government "take care of everything cradle to grave".... and
they are brainwashed by the b.s. on TV.



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