EU Cutting off NSA from Financial Spying – The Real Game Changer
The NSA has had access to financial transactions in Europe and their abuse of power is being noticed everywhere. The EU has now voted to block the access of the NSA to financial records in Europe. Many people are now looking at Switzerland as a safe harbor not for money, but for data. They are now looking at storing data in Switzerland outside the EU and the USA. Brazil is also taking steps to combat the NSA by making servers for internet providers be located domestically. Russia will now monitor everything on the internet.
The thing with monitoring a person’s communication is that the person then becomes behaviorally programmable. Once they know they are being monitored, the change accordingly. There is a serious reaction that causes a psychological, intellectual, emotional response. The Mafia began using random pay phones and spoke in code. The government would then prosecute them and argue to juries that every time they said pizza it was a code word for some illegal act. Normal behavior that is then innocent suddenly becomes criminal. Communication access is thought access; and thought access is behavior influence access. If you think about something it will become an act, and acts can then become habits. Everything changes and this is what politicians do not get because they are lawyers for the most part who assume if they pass a law you will obey or be imprisoned and fined. This is why money flees or hides (hoards) because sometimes it is better to not invest rather than suffer the pains of government harassment.
This is all about control. Most normal people respect another’s right to form their own thoughts and behave autonomously; but for the high-powered folks, that’s apparently not enough. No boundary is inviolable, including your own thoughts and autonomy of behavior. If it can be accessed and hacked, they seem to have no qualms about it. It’s a kind of sociological chess game to them. Leaders of countries are subject to being made into pawns as much as ordinary citizens, either on a group or targeted individual basis. It is disturbing and disconcerting to say the least.
What the NSA has done is far-reaching. It is altering the behavior of the entire world. They are playing with fire for the outcome can be only one thing – total collapse in the trust the people once had for government. This turns the government into an adversary – not an institution for the people. This is part of the cycle that shifts the confidence away from government and into the private sector.
Saudi & Russia – The Corridors of Power
One of the things that the hard money crowd overlook is the dollar and oil. In fact, Russia and many other OPEC countries have often used oil as a political weapon. To a large extent, they became masters of the world behind the curtain. However, the USA began to wiggle free and is now possibly the largest oil and gas producer in the world. This has changed the game and those who think if the Saudis priced oil in something other than dollars it will have some catastrophic impact on the dollar, sorry, it may have a reverse effect on Saudi Arabia. Indeed, the game has changed This is in part why the Saudis are upset at not getting rid of Syria so they would have been able to get their pipeline to Europe and compete with Russia. The past is past and the strangle hold OPEC once had has diminished with respect to the dollar. The Euro countries are still dependent upon imports and thus the unfettered access to Europe has been the corridors of power in the struggle between Russia and the Saudis. The entire Syrian issue was hype and it demonstrated that terrorism is a tool more so than a real threat for it is supported and ignored when it benefits the reins of power.
NSA Out of Control
Germany says U.S. may have monitored Merkel’s phone calls. Merkel called Obama and has made it clear that the NSA is out of control. This far beyond terrorism and is in itself terrorism carried out by the NSA.
Secret Session Approves Urgent Spending in EU to Prevent Default
Anyone who thinks that the US debt is the only problem had better starting looking around the globe. European Commission President Jose Manuel Barroso on October 21st has made a desperate plea for extra cash to keep the institution afloat warning that the EU Commission would be technically bankrupt “by mid-November.”
While the opening the European Parliament’s plenary session in Strasbourg on 21st of October was greeted by an urgent request for an extra €2.7 billion in a supplementary budget for 2013 in order for the commission to meet its financial obligations, this measure was passed in an extraordinary secret session. Normally, such sessions are accessible via the internet. This one was a closed door secret session.
The Hunt for Whatever is not Nailed Down
QUESTION: “If the new reserve currency that will emerge will be electronic, and no gold standard is possible, why will governments confiscate gold?
If the great deflation strikes after 2015.75 all assets can go down a lot in value, so is not good to hoard cash, common u$s bills at your home, or will cash value less tan other assets?”
Thank you
If the great deflation strikes after 2015.75 all assets can go down a lot in value, so is not good to hoard cash, common u$s bills at your home, or will cash value less tan other assets?”
Thank you
ANSWER: We are in an asset confiscation mode right now where they see all wealth as really theirs. They seem to be after gold not to confiscate it for a return to a gold standard, but as an escape from taxation. There is a rise in barter taking place and even rare ancient coins dealers are complaining that nobody wants to sell. This is part of the hoarding where people will hoard different things but the end game is the same. Keeping “cash” handy yes. Keep in mind that is necessary because of capital controls as we saw in Cyprus. In December last year, I could withdraw 1,000SF at an ATM. Now, the maximum is 500SF and in Italy it was €150 down from €200 last year. The various governments are trying to eliminate cash for they see that as an escape valve.
The Fed has been telling banks to re-calibrate their models for there may not be the flight to quality this time during any decline. Property values in London have jumped 10% on average as politicians are trying the same policy that led to the 2007 crisis – over-leveraging property. Thailand is looking at introducing a property tax. Everything is very much in the air.
We will still see gold rise. However, it is being driven deeper into the underground economy simply because these people need money desperately. This is the crisis. It is the hunt for whatever is not nailed down. They cannot see what they are doing to the global economy.
We are going to have to start coming together to make our voice heard on a global scale.
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