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Friday, June 26, 2009

NufffRespect Blog FAQ

FREQUENTLY ASKED QUESTIONS

Below I will try to answer some frequently asked questions concerning myself and my YouTube channel. I get asked these questions quite a lot and I can perfectly understand why people would want to ask them. So I'll try to answer some of the main questions as briefly as I can below. I will answer more questions here as time goes on. If you have any questions you’d like to ask me, please get in touch with me on my YouTube channel, or email me at: Nufffrespect@gmail.com


(1) Why did you start your YouTube channel and what do you hope to achieve from it?

I started up my YouTube channel simply because I want to do my bit to help wake people up about the illuminati and the new world order agenda.

I never wanted my channel to be anything more than a source of information. My aim is simply to raise people’s awareness of the truth about subjects like 9/11 and the new world order. If we want to stop the new world order agenda, there needs to be a big change in the way everyday people view the world and how it is run. We need to know what the enemy is and we need to explain the problems in simple, easy-to-understand terms that everyone can relate to. We will never stop the new world order with bullets or with any kind of violence. Even marches and protests can only achieve so much. The real battle is a battle of the hearts and minds of the people. And this means getting information out to as many people as we can, and helping them to understand the information. When enough of us have been educated about the new world order and what it means for the human race, it is then simply a matter of each and every one of us participating in peaceful non-compliance on a global scale. The new world order cannot succeed if its slaves refuse to comply en masse. This doesn't mean that we need to break any natural laws or resort to any kind of violence. All we need to do is simply refuse to comply with the system and just get on with our lives as independently as we possibly can. The elite rely on our consent and willingness to go along with the Orwellian system they are imposing on us. The elite know that there will always be a small minority of people who will refuse to comply, and these people can easily be dealt with as long as the dissent is on a relatively small level. But the elite know they cannot stop us all and that’s why they’re making it increasingly difficult for the average person to get information out there to the masses. The elite need to keep the majority of people in a zombified, distracted and apathetic state so that they can push forward with their agenda.

A large number of people who visit my channel will already be aware of the subjects I cover, and this is a good thing. But there are just as many people who have never even heard of the new world order. And it is my aim to try to introduce them to these subjects using short, simple videos that lay out the facts in a simple, easy-to-understand way.

There are so many aspects to the new world order and so many things to cover, it would be difficult for one channel like mine to adequately cover everything that needs to be covered. So I decided to focus on the main things that are easily provable - things that we can see with our own eyes and discern with our own mind. These include subjects like 9/11, false flag attacks, secret societies, symbolism, chemtrails, and the use of toxic substances like sodium fluoride in our drinking water.

I have no political or religious bias, or any other bias for that matter. I don’t ask anyone for anything other than to hear the information and then decide for themselves what they want to make of it. I want people to get more active in their own communities and do whatever they can to spread information about the new world order. But that is entirely up to the individual. The most important thing for me is to do what I can to share the information because this is the first step we have to take if we want to stop the new world order agenda. The corporate media will not do this job for us, so it is down to individuals like you and me to volunteer to do the job. We have to become the new media, and we have to do it now while we still have this window of opportunity.


(2) What are your thoughts on the censorship that is taking place on YouTube?

When I started my YouTube channel, I had already been using Google Video for a few months. I also went to lots of different forums and posted links to movies like Terror Storm and Loose Change. Every day these movies were consistently in the top 10 most watched videos on Google Video. But then Google removed the hit counters on all the videos and then they got rid of the top 100 most-viewed list altogether. The censorship got so bad on Google Video that I decided to try to redress the balance a bit by opening a YouTube account and trying to get information out on there. At that time YouTube was not owned by Google, so there wasn’t really any significant censorship to speak of on YouTube. But within a few months of me starting up my YouTube channel, Google bought YouTube for $1.6 billion, and within a few months the censorship really started to kick in. For instance, two years ago, many of my YouTube videos would receive a million views within a month. Now I post better quality videos and yet they often fail to reach even 20,000 views within a month. This is staggering when you consider that two years ago I had around 3,000 subscribers and now I have over 55,000 subscribers. However this is just one of many examples that show how much censorship is taking place on YouTube right now. I’ll try to explain this in a bit more detail below.

The primary method YouTube uses to suppress videos is to manipulate the view counter that is displayed below the video itself. You will notice that the ratings counter, favorites counter and comments counter, all update in near-real time. However, the view counter only updates in near-real time for the first 300 views (it used to be 200). What happens is this: When you post a video and people start watching it, you will notice the view counter increasing as more and more people watch your video. Let’s say the view counter has now risen to 290 views and then suddenly another 23 people all come to your video at the same time. The view counter will register all of those views in near-real time. This is because they all came to your video before the view counter had actually reached the 300 mark. Therefore the view counter will count those views and display a figure of 313. On the other hand, let’s say the counter was on 290 views and then 12 people came to watch your video. The counter would rise to 302 because those 12 people were all watching your video when the counter reached the 300 mark. However, once the counter has reached or surpassed the 300 mark, the counter will stop and it will no longer update in near real-time. Some people argue that this is because the view counters for videos are displayed in lots of different places on YouTube, and the constant updating of all of these view counters puts a lot of strain on YouTube’s servers. But if this was the case, why doesn’t YouTube have any problem updating the ratings, favorites and comments counters in real time? I’ve seen videos that have received 20,000 ratings within 2 days and these ratings update in real time, every time. And yet the view counter is stuck on something like 323, and it can stay like that for 24 or even 48 hours. Surely you’d expect YouTube to be able to update the view counters at least once every hour. But in most cases all they can manage is about 3 or 4 view counter updates per day.

The evidence strongly suggests that YouTube (ie: Google) is deliberately stopping the view counters at 300 views in order to give their algorithms time to decide which videos should be suppressed and which ones should not. For example, let’s say you posted a highly controversial video about a topic that is particularly damning to someone like Barack Obama. And let’s say this video was hugely popular and that 50,000 people viewed that video in the first 12 hours. What YouTube does is to stop the counter when it surpasses the 300 mark, and then all further views are not displayed in real time. Then, after say 12 hours, they will update the view counter, but instead of showing the real view count of 50,000 views, the view counter will display a number like 3,012 – even though the ratings and comments counters might have already reached 4,000. Then, say 10 hours after that, they will update the view counter again - but instead of showing the true number of views, which might be, say 100,000, the counter will only show something like 6,454 views. The purpose of this is to stop your video from reaching the first page of the most-viewed lists for that day. With 100,000 views, your video would most certainly reach the first page of the most-viewed list for that day. However, with only 3,000 views it probably won’t even reach the last page. The counter will continue updating like this so that, after 48 hours, the counter will rise to something like 15,016 - even though in reality your video may have received 200,000 views. Once your video has been up on YouTube for 48 hours, it can no longer appear in today’s most-viewed lists – and this is where most of the views for a viral video will come from in the first place. From this point on, YouTube doesn’t need to manipulate the view counter because they have already achieved what they set out to do – and that is to stop your video from going viral. In order for a video to go viral, within the first day it must reach the first page of the most-viewed list for that day. In most cases, if your video fails to reach that first page on day one, it cannot go viral.

How does YouTube know which videos to suppress when there are so many videos uploaded every minute? All the work is carried out automatically by algorithms that search through the video title, description and tags to find specific keywords that YouTube deems as controversial. They can also search through the audio of the video itself in order to find controversial words. If any of those keywords is found, the algorithm will down-rank your video to stop it from appearing on the first pages of the most viewed lists - regardless of how many views the video has actually received. This is the whole purpose of freezing the view counters when they surpass 300 views; it gives YouTube’s algorithms the opportunity to manipulate the view counters without being caught red-handed. It’s all pretty straightforward and it can all be carried out automatically without any human intervention whatsoever. Google has been doing this successfully with their search engine for the last ten years, and they are experts in this field, so it is not a problem for them to apply these same algorithmic techniques to a site like YouTube.

YouTube (ie: Google) is not bothered so much about whether you post a controversial video, just as long as that video doesn’t reach the front pages of YouTube – because that’s where most views are generated from. However, there are countless cases where YouTube will suspend your channel if you post controversial videos - even though your videos might only have received a low number of views. If you have a thousand videos on your channel, and each video has generated around 1,000 views, this can be just as worrying for YouTube as a channel that has only 10 videos that have each generated around 100,000 views. So if you have a channel that has lots of controversial videos but with a low number of views, there is every chance that YouTube will just suspend your channel for no reason whatsoever. This has happened more times than I care to remember, and to some excellent channels too.

So what can we do about this censorship? Well, since Google is a private company, they can operate whatever policy they choose - even when the policy is unethical and goes against free speech. If you want to make informative videos about controversial subjects, and you want to reach a lot of people with those videos, you simply cannot afford to stop using YouTube. After all, it is the most popular video sharing site and it is among the top 5 most popular sites on the Internet. At this point, no other video sharing site can offer you the same amount as exposure as YouTube. So we have to just grin and bear it, despite the obvious censorship that is taking place. However, there are many things we can do. Firstly, we should get into the habit of posting our videos on other popular video sharing sites - such as Yahoo, LiveVideo.com, Blip.tv and DailyMotion.com. This way we can take Google out of the loop so that they have no control over the information we put out there. If you upload your video to five other sites, and on each site your video receives 1,000 views, that’s better than putting your video only on YouTube and it getting 5,000 views. It is better because if YouTube takes your video down, it is gone and your video cannot gain any more views. But if one of the other video sites takes your video down, you’ll still have your video hosted on the other 4 sites. This way we don’t have to rely exclusively on YouTube to reach large numbers of people. Another thing we can do is to use YouTube to our advantage by creating lots of YouTube channels and posting our videos on each of those channels using different keywords each time for the titles, descriptions and tags. This way, if they take down one of your channels, you still have lots of others to continue with. It is always a good idea to have a backup channel on YouTube anyway because you never know when your channel will be taken down. The chances are that if you upload controversial content, your channel WILL be taken down at some point. It’s just a matter of WHEN, not IF. So it pays to have at least one backup channel. Another big thing we can do is to raise awareness of the censorship on YouTube so that no one is under any illusions about the way YouTube works in terms of ranking videos. We can organize regular boycotts of YouTube like we did last December, and we can post lots of videos that explain the censorship that is taking place on YouTube. There are many other things you can do to counter YouTube’s censorship, you just need to get thinking. But the most important thing right now is to continue using YouTube because it is the most popular video site, but at the same time we should be posting our videos on lots of other video sites. This way, the other sites will become more popular and YouTube will become less popular. This means YouTube won’t have the control over information that it has today.


(3) Why have you not posted any of your OWN videos for the last few months?

The last two videos of my own that I posted on YouTube are the one called “Who controls The Web”, featuring David Icke, and a video called “The President Who Told The Truth”, which featured a speech by JFK. These were posted around March of this year. Since then I have only posted videos that other people have sent me and asked me to re-post on my channel. I have also posted a few breaking news reports. The initial reason why I stopped posting my own videos was that I had become so disappointed at the way YouTube was censoring the view counters on every video I post. I reached the final straw when I posted the “Who controls The Web” video and saw that during the first 48 hours the number of ratings were consistently higher than the number of views, even after the view counter had been updated. After three days the ratings had reached over 2,000 and the comments had reached over 1,000. And yet the view counter had barely reached 6,000 views, even though it was being updated about four times a day. In one 8-hour period I saw the ratings rise by over 500 and yet when the view counter updated, it only went up by about 300. This is quite disturbing when you consider that my channel has over 50,000 subscribers.

Even when YouTube doesn’t blatantly censor the view counter on your video, they will often prevent your video from appearing in the most-viewed list anyway. For example, in December 2008, I posted a video which received 130,000 views within the first two days. This meant that the video should have appeared on the first page of the most-viewed videos for that day (globally) at number 18. However, YouTube put my video on the last page, at number 93, and left it there, even though it had already received enough views to be displayed on the first page of the most-viewed list. This is a typical example of algorithmic demotion.

Anyway, since then I’ve got over the censorship and I’ve accepted that I cannot stop it directly on my own. So all I can do is just accept the censorship and try to carry on in spite of it. It has taken me a couple of months to fully accept this, but it has done me a lot of good to take a break from making videos. It has helped me to take a step back and re-evaluate the work I’m doing on YouTube and to put things into perspective. When I start making videos again, I’ll be coming at it with a fresh mind and without any hang-ups about the censorship. I'm hoping to start posting my own videos again within the next few weeks.


(4) Why is "NufffRespect" spelt with three F's?

When I started my YouTube channel back in 2007, the name "NuffRespect" was already taken. In fact, that account has hardly been used and the person who set up the account hasn't signed in for well over 2 years. Anyway, I wanted to use this name, but I didn't want to add numbers into the name because that would make it more difficult to remember. So the next best thing was to simply repeat one of the letters - and the most suitable letter to repeat is the one that is already repeated (ie: the letter “F”). This makes the name stand out more, it makes it easier to remember, and there are no numbers to get confused about.

I have received criticism from some people who dislike the fact that I use a name with 3 F’s in it. The letter "F" is of course the 6th letter of the alphabet, which means that three F's could be construed as the number 666 if you were using a basic code such as "A=1, B=2, C=3, etc". But this kind of thinking was the last thing on my mind when I selected my YouTube name. The funny thing about all this is that if I had used a name like “Nuff666”, I doubt if anyone would have said anything about it. There must be literally millions of YouTube names that have the number 666 directly in the name; usually at the end of the name. And I never hear anyone say anything negative about that. When your name has three F’s in it, I suppose it's natural for people to wonder whether you deliberately encoded the number 666 into your name by disguising the 6’s as F’s. I can fully understand why people would think like this, as I often tend to look for these kind of things myself whenever when I look at corporate names and symbols. But I can assure you that there is nothing sinister about me or my intentions. And even if I did have any desire to encode the number 666 in my name, I'd certainly wouldn't make it as obvious as "FFF". After all, there would be no point in encoding the number in the first place. In a way, I’m glad that my name has the 3 F’s in it because it makes the name more intriguing and it gets people’s minds thinking.


(5) Why do you use the pyramid and eye symbol as your channel profile image?

On YouTube, the purpose of the channel profile image is to help illustrate what kind of content people can expect from your channel. You only have to look at my videos on symbolism to see that I'm trying to wake people up to the occult symbolism that is being put in our faces every day. The pyramid and eye symbol is probably the most widely used symbol used to represent the new world order, power structures, secret societies, etc. It is self-evident why I use this symbol when you look at the kind of videos I post - which talk in-depth about all of these subjects. When people see my profile image, they instantly know what kind of content they'll get on my channel. The symbol also lets people know that I am someone who is aware of the illuminati and the new world order. There are many other people in the movement who use the same kind of symbol, and probably for the same reason.

The following image shows just a small selection of some of the main truth channels on YouTube that use the pyramid and eye symbol as their channel profile image. Please click on the image for a larger view:


This symbol perfectly sums up what my channel is about, but I’m prepared to change it if anyone feels that it is inappropriate. A few weeks ago I asked my friends and subscribers what they think of me using this symbol, and whether they think I should change it. Virtually everyone who replied said that they want me to keep my profile image as it is. One person did suggest that I could turn the symbol upside-down or put a red line through it to let people know that I am against the new world order. This is a good idea and many people are doing this, and I will probably do something similar at some point in the future. But I don’t think it matters that much either way because the content on my channel is enough to show that I am against the illuminati and the new world order agenda.


(6) What are your thoughts on numerology and symbolism?

This is a big subject but I will briefly give you some of my thoughts on it. I have a good interest in symbols and numbers. I am mathematically-minded and I always try to look for patterns and correlations between things. We know that the illuminati have a very deep understanding of symbols and numbers, and they certainly use them ritualistically in their exploits. The most common numbers associated with the illuminati are 3, 7, 9, 11, 13, and any repeated number such as 22, 33, 77, etc. The dates of big historical events like 9/11, 7/7, and the JFK assassination (11/22), have these numbers within them as if by design. The illuminati believe that all numbers have their own unique energy or frequency that can be manipulated by those in the know. They believe that when a number is repeated (such as the number 33), it increases the power or force of that number. By using these numbers in the things they do, they believe that they can call upon, or channel, forces from outside our realm of reality. Considering the number of times the illuminati has got away with carrying out their evil deeds on dates that have these numbers in them, shows that there could well be something to it. I think the mind plays the biggest role and that the numbers themselves have no power of their own.

The elite often use certain numbers and symbols as a way of communicating their "tag" to other initiates, just like with grafitti. Occult symbols are used in virtually every major organisation that has any real power and influence in the world. I don’t believe necessarily that any symbol itself has power of its own, regardless of how the symbol is orientated. I believe that it is your own mind that gives the symbol its power. So really, the elite are just playing a mind game on us. They know how the mind works and they know our minds respond to symbols on a subconscious level. Before humans started to communicate using words, we used symbols and this would have went on for thousands of years, and many symbols would have become “hardwired” into the human psyche. These symbols include the triangle, the eye, the sun, the cross, the crescent moon, skull & bones, the fish, and any type of star shape. Since these symbols have become so entrenched in the human consciousness after thousands of years of conditioning, they can affect us on a deep subconscious level when we see them, and this is why these symbols are used so often for corporate logos, branding, and even street signs. I don’t think there is anything good or bad about any symbol. It is all down to the way the symbol is used, and how the observing mind wants to see that symbol on a conscious or subconscious level.


(7) What are your thoughts on the haters, shills and general troublemakers on YouTube?

When I first started on YouTube, there were definitely more skeptics than truthers. Today it seems to be the other way around, and this is excellent news for the truth movement. So the haters and shills now use other tactics to try to disrupt our efforts in waking people up. Instead of just debating the information, the shills now resort to the tactic of discrediting the person who is providing the information by throwing as much mud as they can in the hope that some of it will stick. They will pick on your name and try to make something funny or sinister out of that. Or they’ll pick on the way you look and exaggerate everything just like a bad impersonator would. Or they’ll take your video and superimpose a tin-foil hat on your head, chop up your voice to make it seem like you’re saying something stupid, or they’ll pause your video right at the point where you’re in the middle of a deep thought and they’ll use that image to make you seem like a freak. The thing is though, if they can’t debunk the information, and they have to resort to such childish tricks, it only shows that they’ve lost the argument right off the bat. Of course, we should never allow cheap tricks to deter us from getting information out there. But why should we make it easy for the haters and shills?

There are a few different types of “shill” on YouTube, and they all do what they do for different reasons. I use the word “shill” to represent anyone who deliberately tries to disrupt or divide the truth movement. However, 99% of them are not real paid shills in the strictest sense of the word. Most of them are just ordinary people who feel they have some reason to hate you, or the movement.

For example, some of these haters are just ordinary skeptics with nothing better to do, who go to 9/11 videos and post comments such as:

“Of course there were explosions in the buildings, they were hit by jet planes! If you believe this video then you're a retard!”

A couple of years ago, comments like this would have had a big effect in deterring people from finding out more about 9/11. However thesedays there are just too many people who've done their research and will quickly post a reply comment such as:

“But Building 7 was a 47-storey skyscraper, it was over 100 yards from the twin towers and it collapsed at virtual freefall speed into its own footprint, and it wasn’t even hit by a plane! How do you explain that? And how do you explain the thermite residue and the pools of molten steel in the rubble of all three buildings?”

When enough of us promptly reply like this, we end up quickly winning the debate, and it is the debunkers who end up being discredited. The debunkers know this and so they now resort to more outlandish tactics.

Another type of shill/hater is the one who will pretend to be a truther but will try to divide the movement by planting the seed of doubt in people’s minds about prominent truthers in the movement. But this ploy is so easy to see through because it obvious that they’re just clutching at straws in an attempt to distract people by getting them to focus on the messenger instead of the information. And most of the claims these haters make are so outrageously unprovable that no intelligent person is going to take them seriously anyway. As I said before, if they can’t debunk the info they will just throw mud at the messenger.

I have looked at some comments about me from some of these haters, and so far I've read that I am: working for the CIA, that I am an illuminati shill, a Scottish Rite 33rd degree freemason, a blood-drinking Satanist, a zionist, a jew, a muslim, a catholic, a Knight of Malta, a YouTube employee, a BNP supporter, a Jesuit gatekeeper, and the murderer of Bill Cooper. And that's just to name a few. Of course, logic would tell you that I couldn't be all of these things. And a quick glance at the content of my channel makes it abundantly clear that I am none of these things. But this is the kind of nursery school mud-slinging that some of these haters and shills indulge in daily on YouTube. They simply don't care that they can't provide even a single shred of evidence to support the wild assertions they make. To them, the assertion itself is good enough.

Another type of hater is the type who feels hard done by in some way. This could be, for example, because you blocked that person after they posted an offensive comment on your channel. Or it could be because of some misunderstanding the other has about you. Most of these haters are just everyday people who have a grudge of some sort. They will do things like cloning your channel, or they might edit and re-post your videos to make you appear stupid in some way. Or they might call you some name, such as “nwo agent” or “zionist” or “gatekeeper” or “Jesuit priest” or “cointel pro” or anything else they can think of to try to label you as a bad person who is not to be trusted. But even this has little effect because, after all, “sticks and stones may break your bones but names can never hurt you.” And in any case, the more these haters do these things, the more traffic they drive to your channel. On several occasions when there is someone attacking me in this way on YouTube, I notice that a lot more people subscribe to my channel during that period. This can only be the result of the extra traffic that is being generated by these haters. So they are really just shooting themselves in the foot.

There are several other types of “shill” on YouTube who use other types of methods to discredit the movement. I will go into more detail on that another time. But as I say, most of them are not actual “shills” that work for the government. At least 99% of them are just ordinary folk who either disagree with you on something, or they feel that you did something wrong to them, or they just don’t like you for some other reason, such as jealousy.

On YouTube, it is not always easy to determine people’s real intentions. You basically have to trust your own intuition and judge each person by their fruits. However there are certain indicators that can give you an idea about someone’s true intentions. When you come across someone who spends a lot of their time criticizing other truthers, that’s usually a sign that the person is out to cause trouble.

The real “shills” are the ones that are extremely difficult to spot. They are clever and calculated infiltrators. They just act normal and they don’t rock the boat too much or do anything to draw attention to themselves. Most of their comments and videos will contain good information, and this gains people’s trust. However, at some point they will come out with disinformation which, by association, eventually discredits the movement. You can find out more about this type of shill by searching the Net for terms like "Counter Intelligence" and “Operation Mockingbird”.

Anyway, hopefully I’ve been able to answer some of the main questions that people have about my YouTube channel. In the future I will answer more questions here so please feel free to contact me on YouTube or via email:
Nufffrespect@gmail.com

Peace : )

NufffRespect

Tuesday, June 23, 2009

The Recession is here to stay

Economy Still in Crisis?

Nouriel Roubini and other experts say the crisis is here to last for at least a couple of years , others more gloomy like Marc Faber Peter Schiff , Gerald Celente say the real crisis have not started yet and we are heading for a total collapse of the system based on credit and stock market gambling :
We are still seeing severe real economy effects from this crisis," Linda Yueh from Oxford Analytica told CNBC when discussing the economic outlook Monday.

Thursday, June 18, 2009

Latvia is on the brink of bankruptcy

Latvia's Meltdown
Latvia's teeters are on the brink of bankruptcy, Sweden is taking the damage.Europe and the IMF have been asked to bailout Latvia many eastern Baltic former soviet republics in Europe face the same faith as Latvia , eastern Europe is collapsing western Europe banks take a hit as a result

Monday, June 15, 2009

TARP payback

The U.S. Treasury authorized 10 of America's largest banks to repay government funds borrowed in the big bank bailout of 2008.
Ten Major U.S. banks get approval to repay $68 billion in government loans offered as part of the Troubled Asset Relief Program (TARP).


Friday, June 12, 2009

Americans wealth declines by $1.3 trillion

Americans saw $1.3 trillion of wealth vaporize in the first quarter of 2009, as the stock market and home values continued to decline, according to a government report released Thursday.

Household net worth fell to $50.4 trillion, according to the flow of funds report by the Federal Reserve. Americans' stock holdings plunged 5.8% to $5.2 trillion and mutual funds holdings slid 4.1% to $3.3 trillion, while their home value dropped 2.4% to $17.9 trillion.

Entire article Here

Thursday, June 11, 2009

Fed lost $5.3 Billions

Associated Press
10:17 AM PDT, June 10, 2009

WASHINGTON -- The Federal Reserve lost $5.25 billion in the first quarter on the securities it acquired with last year's bailouts of Bear Stearns and insurer American International Group Inc., according to a report issued Wednesday.

The loss on the holdings, which include mortgage-backed securities, reflected a decline in their value as the recession carried over into the first three months of this year. The cumulative loss of the Bear and AIG holdings come to $16.46 billion since they were taken over last year.
article

A Regional Central Banker Blows the Whistle

Gary North / LewRockwell.com | June 10, 2009

"In the long run, we are all dead but our children will be left to pick up the tab." ~ Thomas Hoenig, Federal Reserve Bank of Kansas City

Thomas Hoenig is the president of the Federal Reserve Bank of Kansas City. In a recent speech, he laid out a scenario for what the Federal Reserve ought to do and what the U.S. government ought to do, and what will happen if they refuse. You can read it here.

Tuesday, June 9, 2009

False Flag Recovery , the wealth will continue to flow from the poor to the rich

What a “Jobless Recovery” Really Means: A Massive Redistribution of Wealth from the Little Guy to the Big Boys


Washington’s Blog
June 9, 2009

Everyone from the Fed bank of San Francisco to Kiplinger’s is saying that we may have a "jobless recovery".

The meaning of the phrase jobless recovery itself is simple:

A jobless recovery or jobless growth is a phrase used by economists to describe the recovery from a recession which does not produce strong growth in employment. The phrase originated in the early 1990s in the United States, to describe the economic recovery at the end of President George H.W. Bush’s term; it came back into use during the early 2000s.

But what is the deeper meaning of a jobless recovery now?

The government has spent more than $12 trillion dollars responding to the financial crisis. But the overwhelming majority of that money has gone to big banks and big corporations.

Obama’s stimulus plan calls for $787 billion dollars in spending. That amounts to less than 7% of the government’s crisis spending.

The fact that much of the stimulus bill is really pork reduces that number still further. And while Obama might throw more stimulus money into the system, independent experts say that total government spending could rise to $20 trillion dollars, so the percentage might substantially decline.

What these figures show is that the government has given well over 90% of the taxpayers’ money to the richest companies and well under 10% for job-creation programs.

Therefore, the "jobless recovery" is really a massive redistribution of wealth from the little guy to the big boys (see this and this).

Via Infowars

Tuesday, June 2, 2009

The Big Collapse Could Be Very Near

Robert Wenzel
Global Research
June 2, 2009

The Federal Reserve appears to be increasingly nervous about the long term bond market. This is serious. How panicked are they? After leaking a story on Friday, they are back at it on Sunday.

featured stories   The Big Collapse Could Be Very Near

Chan



The Fed can of course print money to buy up every Treasury bond in existence, but the inflationary ramifications would be Zimbabwe like, and crush the dollar on international currency markets.


The Federal Reserve leaked to CNBC’s Steve Liesman on Friday that they weren’t targeting long rates. Why such a leak? Probably because the Fed did not want to appear impotent in controlling the long rate. So they put out the word through Liesman that they weren’t targetting the long rate. Can you imagine what would happen to the markets if it sensed long rates were beyond the control of the Fed?

The Fed can of course print money to buy up every Treasury bond in existence, but the inflationary ramifications would be Zimbabwe like, and crush the dollar on international currency markets. Are we near the phase where all hell breaks loose? I have never even answered, maybe, to this question before. It’s always been, “no.” Now it’s maybe.

What really has me spooked is another article out this afternoon (on a Sunday) that Drudge has even picked up. It’s a Reuters story by Alister Bull. The headline: Federal Reserve puzzled by yield curve steepening.

Translation, the Fed doesn’t know what is going on, but they are really scared.

Here’s more from Bull:

The Federal Reserve is studying significant moves in the U.S. government bond market last week that could have big implications for the central bank’s strategy to combat the country’s recession.

But the Fed is not really sure what is driving the sharp rise in long-dated bond yields, and especially a widening gap between short and long term yields.

Do rising U.S. Treasury yields and a steepening yield curve suggest an economic recovery is more certain, meaning less need for safe haven government bonds and a healthy demand for credit? If so, there might be less need for the Fed to expand the money supply by buying more U.S. Treasuries.

Read entire article :

NEWS ON BUZZ
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