Posted September 1, 2013
This instalment of Tony Newbill emails focuses on the economy with the last email looking at the injustice of Federal Employees getting a pass from Obamacare because it would raise each employee’s insurance premium.
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Here comes the Hyper-Inflation to the USA and Euro ZONE in Fuel!!!!!! ‘Petro-Yuan’ vs ‘Petrodollar’
7/25/2013 10:33 AM
With gold now traded in Yuan, it appears to be only a matter of time before oil is traded in Yuan thereby positioning the Yuan as ‘Petro-Yuan’ and a rival to the Petrodollar as the global reserve currency.
China’s Yuan Set to Become Global Reserve Currency with Gold Backing?
By Mark O’Byrne
25 July 2013
Recent media reports in China and Russia suggest that China is continuing to consider backing the yuan with gold. Since 2005, we have said that such a move by China was likely as China seeks to become a superpower and lessen and undermine U.S political dominance. We have in the past discussed the possibility of the Chinese pegging their currency to gold bullion.
… (READ ENTIRETY)
HEY will this be a PHONY SCANDAL???
7/25/2013 10:50 AM
[Editor: A humor look on how your personal data can be collected by a person buying pizza. This answers the question in Newbill’s title. You have to watch be clicking above link!]
Consider Private Sector Economy Transforming to a Govt. Phony Fiat Capitalist Economy
8/1/2013 12:02 PM
Let’s consider what is driving the fundamental transformation from a private sector driven Economy to one that’s initially funded by Governments around the world with Phony Fiat Capital….. I would like to draw your attention to what is said at this link:
The Green Agenda
“We require a central organizing principle – one agreed to voluntarily.
Minor shifts in policy, moderate improvement in laws and regulations,
rhetoric offered in lieu of genuine change – these are all forms of
appeasement, designed to satisfy the public’s desire to believe that
sacrifice, struggle and a wrenching transformation
of society will not be necessary.”
– Al Gore,
Earth in the Balance
The Great Shift
Environmental activists often claim that modern human civilisation is ‘destroying the earth’ and our harmful activities are overwhelming Gaia’s ability to regenerate ‘herself.’ As discussed in my article about the Club of Rome (CoR) the concepts of sustainability and ‘ecological overshoot’ were brought to widespread public attention by the CoR in their 1972 report Limits to Growth. According to their predictions by now we should have run out of many vital resources, including zinc, aluminium and uranium, and be experiencing extreme food and oil shortages.
Despite the obvious failure of their dire warnings to eventuate the CoR, and a plethora of other environmental organisations, have continued to proclaim that the planet is rapidly approaching critical tipping points that will plunge the earth into an ecological collapse and result in the dieoff of thousands of species (including us). Of course the most successful tool they have found to promote this concept is Global Warming. Most other environmental problems are of a local or regional nature, are clearly visible, and can be addressed with appropriate regulations. Global Warming, however, is caused by an invisible trace gas, an essential nutrient for life, and a by-product of almost every human activity (even breathing) but, they claim, it will doom us all!
For more than thirty years the CoR has proclaimed that our modern society is unsustainable and must be replaced by an “interdependent sustainable global society, based on respect and reverence for the Earth.” This theme has become rooted deeply within the environmental movement. There is now a constant and increasingly loud drumbeat for CHANGE. This has coincided with a dramatic escalation in the rhetoric of those eager to pronounce our doom. According to a recent report the use of the word ‘crisis’ in the mainstream media has been increasing by more than 10% per year since 1995.
This psychological warfare has been very successful. Many people now feel afraid and uncertain. They tell us that soon there will be no more oil, the economy is about to collapse and our children are going to burn. No wonder people are beginning to embrace the ‘green solutions’ that they promise will lead us away from the abyss. Of course this has been the plan all along. The CoR state clearly in their own words:
“Man possesses, for a small moment in his
history, the most powerful combination of knowledge,
tools, and resources the world has ever known. He has
all that is physically necessary to create a totally new form
of human society – one that would be built to last for
generations. The two missing ingredients are a realistic,
long-term goal that can guide mankind to the equilibrium
society and the Human Will to achieve that goal.”
– Club of Rome,
Limits to Growth (1972)
“The common enemy of humanity is man.
In searching for a new enemy to unite us, we came up
with the idea that pollution, the threat of global warming,
water shortages, famine and the like would fit the bill. All these
dangers are caused by human intervention, and it is only through
changed attitudes and behavior that they can be overcome.
The real enemy then, is humanity itself.”
– Club of Rome,
The First Global Revolution (1992)
Fortunately, those pushing the Green Agenda have already developed a range of alternative world systems which, they say, will solve the problems that humanity has caused. These proposals go by various names: The Great Shift, The Great Transition, A New Green Deal, The Planetary Phase, The Power Down, The Great Descent etc. However, they all seem to several elements in common: a global management system for world resources, a global currency, replacing nation states with regional unions, population control/reduction, and … READ THE REST
And then please take a Look at this, because we the people are being played for FOOLS!!!!!!!
[Editor: the below writing only makes sense in Newbill parlance if it is a demonstration of the propaganda idiocy by Left Wing NWO. Otherwise it is a bit confusing.]
A quote from a Paragraph in this Link speaks volumes and Strikes directly at the heart of a Capitalist economic system and explains why we see an unsustainable debt slowing [and] collapsing the current economic system worldwide. Gandhi said, “[B]e the change you want to see in the world”. In today’s world this means change your consciousness so others would change theirs. How can you do that? First of all, get rid of the old consciousness, and the values and beliefs that support it.
Ask yourself: do you believe that —
o Everyone is separate and rightfully pursues just his or her own interest.
o Life is a struggle for existence; only the fittest (meaning the wealthiest or most powerful) survives.
o In the ruthless competition for fitness the ends justify the means.
o The more money you have, the better you are (and very likely also the happier).
o People owe allegiance only to one nation and one company—the rest are strangers and competitors.
o If we want peace, we must prepare for war.
o Technology and efficiency are the answer, no matter what the question.
o For all intents and purposes the Earth is an inexhaustible source of resources and an infinite sink of wastes.
o The environment can be engineered like a settlement or a highway to fit our needs and demands.
If you hold such beliefs, you are part of the problem. But how can you become part of the solution? Here you must take a further step: adopt new thinking. As Einstein said, you can’t solve a problem with the same kind of thinking that produced the problem.
The Quest for a Quantum Leap in Human Affairs
By Ervin Laszlo
We are approaching a major watershed; a global tipping point. Our very survival is in question.
We are destroying the planet. The production of essential biological and physical resources has already peaked. Forests, species of fish, and coral reefs are damaged and disappearing, soils are impoverished by overcropping and by chemicals; diversity is reduced by genetic manipulation. The reserves of fresh water are diminishing; more than half the world’s population faces water shortages. And climate change threatens to make much of the planet unsuited for food production and habitation.
We are destroying the fabric of society. There is growing insecurity in countries both rich and poor and greater propensity to resort to terrorism and war. Islamic fundamentalism is spreading throughout the Middle East, religious fanaticism is growing in America, neo-Nazi and other extremist movements are surfacing in Europe. The gap is widening between the wealthy and powerful and the poor and marginalized. Eighty percent of the world’s domestic product belongs to one billion people, and the remaining twenty percent is shared by five-and-a-half billion. One in three urban dwellers live in slums, shantytowns and urban ghettoes; more than 900 million are classified as slum-dwellers.
If we continue in this way, changing weather patterns will create drought and hurricanes, harvest failures, and rising sea levels. Famine and frustration will fuel terrorism and trigger wars. The delicate balance of our global interdependence will … READ ENTIRETY
State Law could Kill ‘Made in USA’ Label
8/1/2013 3:45 PM
And we wonder why our middle class is dying?????
State law could kill ‘Made in USA’ label
If a company wants to label its product “Made in the USA,” it had better beware of selling it in California, which may allow people to sue the company for using the label.
While the other 49 states adhere to federal standards allowing a product to carry the “Made in the USA” label if it is substantially manufactured in the U.S., California alone requires a product be 100-percent American made. Not a pin, not a screw can be made anywhere else.
In fact, in 2011 California’s Supreme Court affirmed in Kwikset v. Benson that the company Kwikset could be sued for using the label on one of its locks because the screws in it were manufactured in Mexico.
Far from protecting American manufacturers and consumers, however, even the Made in USA Foundation is warning California’s law is placing a chilling effect on American companies everywhere.
“In our new global economy it is virtually impossible to manufacture a high-tech product 100-percent in the USA,” explained Joel Joseph, chairman of the Made in the USA Foundation, in support of a California Assembly bill that would amend the law and bring the state into line with federal guidelines.
“The fact that California is the only state in the nation to have such rigid standards is a barrier to business,” added California Assemblyman Brian Jones, R-Santee, sponsor of the bill, AB 890, which was blocked in committee June 25 but has been granted reconsideration. “The inconsistency in law has resulted in … (READ THE REST – State law could kill ‘Made in USA’ label: ‘Joblessness and dysfunctional government go hand in hand’; By Drew Zahn; WND; 6/30/13 1:33 PM)
How Long before the Tradeoff Stagnates?
8/2/2013 9:03 AM
So as long as Metals/raw resources keep selling off in the West and relocate to Asia they will continue to take dollars in exchange for Durable is what I see in these reports.
LBMA Data: Beyond The Smoke And Mirrors
By Michael O’Brien
2 August 2013
On Wednesday, the London Bullion Market Association (LBMA) published June clearing turnover statistics for the over-the-counter London Gold Market which revealed a new multi-year record of astronomical monthly ‘gold clearing’ activity for June and rounded off a quarter of record activity from April to June, a period during which the gold price fell substantially. These monthly statistics are usually released at least one month after the end of the reporting month, hence the latest figures were released on July 31st.
On a six month comparison from January to June 2013, even though the gold price fell by 20.7% over the period, demand for gold shot up by 39%. As the LBMA commented on Wednesday:
“demand for gold has increased by 39% since January, buoyed by strong physical demand particularly from China and India which has more than offset sales by ETF funds in the western economies”
June gold clearing figures broke a new record for millions of ounces transferred with on average 29 million ounces transferred (cleared) per day in the London Market, improving on the previous multi-year record of 28.2 million ounces transferred per day which was reached in May.
Since the gold price trended lower in June compared in May, the average daily value in US dollar cleared was lower in June than in May, even though volume was higher. The June average daily number of gold transfers reached … READ ENTIRETY
This Week’s Market Updates (7/29 to 8/1/13)
Well No Wonder the Support at the Federal Level for Obamacare will Continue!!!!!!!!
8/2/2013 9:29 AM
The Office of Personnel Management, under heavy pressure from Capitol Hill, will issue regulations saying that the government can continue to make the employer contribution to the health plans of congressional members and aides, according to several Hill sources.
Lawmakers and staff can breathe easy — their health care tab is not going to soar next year.
The Office of Personnel Management, under heavy pressure from Capitol Hill, will issue a ruling that says the government can continue to make a contribution to the health care premiums of members of Congress and their aides, according to several Hill sources.
A White House official confirmed the deal and said the proposed regulations will be issued next week.
Just Wednesday, POLITICO reported that President Barack Obama told Democratic senators that he was personally involved in finding a solution.
The problem was rooted in the original text of the Affordable Care Act. Sen. Chuck Grassley (R-Iowa) inserted a provision which said members of Congress and their aides must be covered by plans “created” by the law or “offered through an exchange.” Until now, OPM had not said if the Federal Employee Health Benefits Program could contribute premium payments toward plans on the exchange. If payments stopped, lawmakers and aides would have faced thousands of dollars in additional premium payments each year. Under the old system, the government contributed nearly 75 percent of premium payments.
Obama’s involvement … (READ THE REST – Hill gets Obamacare fix; By JOHN BRESNAHAN and JAKE SHERMAN; Politico; 8/1/13 9:39 PM EDT Updated: 8/2/13 6:33 PM EDT)
Edited by John R. Houk
© Tony Newbill
Brackets indicate words added by Editor.