The Conglomerate Empire

Conspiracy for Control By Crisis, Deception & Technology

Back To Introduction

Economic Control

Also in this chapter: 

More About Inflation ~ Collapse ~ The Banking System ~ The Federal Reserve Bank

TICK Economic Policies ~ Problem Sectors Of The Economy ~ Summary ~ Other Resources


Economics is a study of how people and institutions behave and interact with each other in regard to exchanging value. The dictionary definition refers to it as a science analyzing the creation, distribution, and use of goods and services.

The purview of economics includes investment, real estate, resources, production, distribution, transport, markets, prices, assets, liabilities, financial instruments, currencies, banking, other financial institutions and more.

It is important to know some simple basics about this to understand how the TICK conglomerate has accomplished what they have.

Since most people think of economics as incomprehensible and boring, we will explain these basic concepts as simply, concisely and enjoyably as possible.


Key Economics Concepts

Scarcity, Demand And Supply
As our current economic system has developed, people, business enterprises and governments are forced to compete for what are considered "scarce" resources and other goods.

Economics studies the methods that have been developed for making goods and services available, marketing and distributing them, receiving appropriate value in return, and the ultimate consumption and use of these valuable goods.

The amount of "demand" for something desirable compared to the available "supply" is considered the major factor in the pricing of that good or service.

Uniqueness, quality, processing expense, risk, promotional costs, and market manipulation are other factors that may be involved in the determining of a price.

When there is a high degree of control of a widely desired resource or product, or dominance of the marketing of that item, a significant extra profit may be built into the price of it.

Our global economic system is based on the concept of scarcity and the unhealthy idea that individuals and social organizations are all separate entities with competing interests.


Originally, simple small items of agreed upon value that are easy to store and carry were used as "means of exchange". In a barter economy, so many beads could be exchanged for so much grain or blankets for example.

Certain useful metals became recognized as rare, and nuggets, bars and coins made of these metals became a common means of trading at some point long ago.

Eventually, with development of the banking system, paper currency representing precious metals in storage, became the common way of transacting business.

The tie between paper currency and gold was loosened in the 1930's. The U.S. government attempted to stimulate a depressed economy, under guidance of the Federal Reserve Bank, by pumping out more dollars than all the gold in Fort Knox could back.

In 1971 the dollar was divorced from gold entirely. Soon inflation became a serious financial concern as government spending for the Viet Nam War and other projects mushroomed.


This is a major economic problem that can effect virtually every business and household, which they cannot really control. The gradual erosion of the value of a currency known as "inflation" results in a lessening in the value of all cash-type assets.

The term inflation is derived from the idea of pumping up dollars with air so they look bigger, but each one has less "weight" and will actually buy less. This results from an increased money supply without a balancing increase in the amount of goods produced for consumers to buy.

Anyone who has experienced "cost-of-living raises" probably understands that their paycheck increased, but the total received would be worth about the same or even less in purchasing power than in the past.

We usually think of inflation as rising prices. The "Consumer Price Index" is the average retail value of a common selection of consumer goods that economists use to indicate what prices are doing.

With a combination of the resumption of "Quantitative Easing" style money creation by the FED, and manipulation of markets, such as oil, gold, stocks and bonds, the dollar may decline in value before long. That would make imported goods higher in price.

The U.S. and several other western nations have been pouring more and more money into the world economy. With such massive government spending, inflation is inevitable, and will likely become very significant eventually.

More about inflation below.


The term "deflation" refers to air leaving an inflated dollar, meaning prices going down. This may occur during a period of stagnation where economic growth subsides, or recession when the economy contracts.

We saw a period of some amount of deflation after the Crash of 2008, especially in real estate. Producers and vendors of goods and services also lowered prices or ran sales and specials as they attempted to prompt reluctant consumers to purchase.

Deflation has been rare in modern times. Our modern economic slowdowns have been times of "stagflation" where inflation continues in some sectors of a stagnant economy, or even inflationary recessions where there is still a little inflation in certain goods.

The dollar had strengthened in the years after the 2008-09 crisis, while other nations struggled with financial trouble and weakened currencies.

If the price of oil remains relatively low, it could engender a deflationary period. Although goods and services may become lower in price, there may be few people having enough work and income to afford to purchase much.


When the economy slows down, as the pandemic experience has caused, companies cut expenses. Workers are laid off; then people may have less in their bank accounts and also spend less. Merchants have lower receipts and not as much to deposit in their bank accounts and pay bills. Many without a cushion go out of business.

As a result, the banks have less funds available and fewer loans are made. Then even less money is available to be spent or deposited.

Economic contraction develops in waves, usually anticipated by dives in the stock market. We have seen major market dives and waves of contraction in the last few months, and there are likely more to come.


Recession and Depression
Economic slowdowns are not unusual. They are an aspect of a modern economy continuously changing to reflect new trends, technologies and markets, as well as changes in interests and in lifestyle. Contractions can also be effected by monetary and fiscal policies, or unforeseen "black swan" events such as a shut down over a pandemic.

Deflation is more likely during a serious recession, a time of economic contraction and sluggish activity; or worse, a depression in which the economy suffers a longer period of decline and greater unemployment.

An inflationary recession or depression could also occur, especially when there is massive amount of debt, particularly government debt.


Business Organization
Economists describe four different forms of industries or markets:

~ pure or perfect competition -- There is easy entry to the market and a lot of competitors, each with little control over resources or price. A business in such a market must respond quickly to changes to be able to survive. This is the most efficient way of doing business. Small, family owned businesses often exemplify this model.

~ partial or practical monopoly -- An example of this is a local store that serves a neighborhood or a larger area with particular products or services. Within price extremes and depending on levels of service, they control most of their market within a certain radius. Their appeal diminishes in the areas where possible customers reside who are drawn to shop at the nearest similar store.

~ oligopoly -- There are several giant companies striving for brand identity and a bigger share of an important market. The competitors monitor each other, and strategize their product development, advertising, marketing and determination of a pricing range that makes them the most money in a certain period.

Reactions to financial or economic changes are sluggish. There is a lot of waste. A company may advertise lower prices than another for a time to win customers from the competitor, possibly then charging more for an adjunct product or for service. This is a less efficient way to do business, but it is how most major industries function, usually involving a corporate structure with officers and a board of directors. Example: the auto industry.

~ monopoly -- There is one source for a good or service, with no competition, no motive to have a low price or to strive for quality, minimal control on spending, and a slow response to changes in the market. Monopoly is the least efficient way of doing business. An example of a local monopoly is a utility, such as electric or natural gas delivery. These are usually regulated.

Which of these do you think a government is most like? Examples of government monopolies include local water and sewer service, automobile titles and registration, and various licenses.


More About Inflation

Inflation has been one of the most persistent aspects of economic life for about sixty years. A modest amount of it has been built-in throughout the economy.

When inflation continues year after year, currency becomes gradually worth far less than it used to be. Most people are aware that it takes a $10 bill today to buy what used to cost about $1. In fact it takes almost $100 to buy what $1 bought around the year 1900.


Reasons For Inflation
There are different reasons for inflation. Economics textbooks talk about some of them.

~ "Demand-pull inflation" occurs when consumers have access to extra money, and increase their spending on various wants (perhaps before the prices go up anymore!).

~ "Cost-push inflation" puts the blame for price increases on rising costs. There could be greater costs of raw materials or supplies, or increased transportation costs from higher gas and diesel prices, or organized labor may have negotiated for wage hikes.


Borrow Into Inflation
Inflation benefits those who borrow (including governments), because they can pay back their loans with dollars that are worth less than the ones borrowed earlier.

Lenders try to compensate for inflation by charging a high enough interest rate to cover it. In fact, inflation does not usually hurt the big banks.

Whether banks are borrowing from other banks through the FED or from their depositors, inflation causes the value of the dollars they pay back later to be less than when they borrowed as well.

Meanwhile, if they lend or invest the money at a rate-of-return greater than the interest they pay, they earn income using "other people's money".

Companies and individuals may also take advantage of inflationary times by borrowing, especially for business purposes.

However, access to credit may lead to increased debt spending, adding to demand and contributing to more inflation.

On the other hand, deflation usually means money is harder to come by, making it harder to pay back loans and interest, especially if the asset purchased with the loan has declined in value while the loan balance remaining is high.

For example, being "under water" on a mortgage loan means that the current property resale value is less than the mortgage balance.


Inflation Hedges And Losers
Sometimes real estate and other real assets like gold and silver will rise in price along with inflation and be a "hedge", a protective buffer, against suffering losses from holding depreciating dollars.

Actually, gold and silver coins are real money and currently worth vastly more than their face value. In an economy where paper currency is no longer trusted, gold coins could be used for larger purchases; and silver coins would be good for small buys and making change for larger purchases.

The dollar price of gold has increased dramatically in recent years, similar to how it moved in the late 1970's. There was a fall off in 2014 as the dollar strengthened and oil prices declined, but precious metal prices are regaining upward momentum. Most experts believe it highly likely for both gold and sliver prices to climb further than ever if substantial inflation returns as anticipated.

Relative to the high oil prices of 2008, gold should have been nearly $2000 per ounce or more then. The price of gold was strangely subdued when the oil price was extremely high. 

This may have been partly due to unfamiliarity with purchasing and storing "hard assets", but there also has been manipulation of the gold market by big time players using options contracts to hold the price down. The sell off of gold reserves by  governments in deep debt has also subdued the price. Meanwhile, governments that were able have accumulated vast amounts of gold, such as China.

In any case, gold and silver are good assets to have, and they should be a part of any investment portfolio. Accumulating while the prices are low is the best policy.

Significant losses can result from holding assets in a cash savings account, CD, cash value life insurance policy, etc., during times of inflation. These may not return enough value to give you any real gain after accounting for inflation, and they may be serious losers!


Recent Low Inflation
In recent years, inflation has been modest for several reasons:

1) Even though the economy had been operating at close to "full employment", people were working more hours, many at multiple jobs, rather than receiving more in wages per hour. Many companies keep employees at level just below full-time to avoid giving them benefits.

2) Increased world trade and low labor costs in developing areas have resulted in competitive prices from imported goods and incited an emphasis on improving productivity.

3) There was an over-capacity of capital equipment in many U.S. factories, especially as jobs went elsewhere, so there was less need for investment in new machinery (which would have raised the cost of making products). 

4) Consumers are price-wise in their shopping for bargains.

5) Now we are in a world-wide depression, with high unemployment and a low price of oil. These conditions cause other prices to remain low or be reduced.

The temporary hold on inflation we are experiencing may allow the conglomerate financiers more time to gather up available assets at bargain prices, and low interest rates, while stemming a consumer uproar over the economic downturn with some price relief.


Is Inflation Inevitable?
In the long term, the main reasons for inflation are expansion of debt, and the way that our currency is issued and handled. Major inflation is due to an overly increased amount of dollars in use.

Inflation can be described as "too many dollars are chasing too few goods."

Because of the excessive debt of both individuals and governments, the supply of dollars (mostly as computer credits in bank accounts) has increased substantially, so the value of each unit of cash is greatly lessened.

As long as the U.S. government spends more than it takes in, borrowing more by selling bonds is the way it pays its bills. There is a consequent interest on the growing "National Debt", but when the rates are very low government is more likely to borrow through, and even from the Federal Reserve Bank, and spend more.

The current round of bailouts, stimulus payments and tax relief due to the pandemic crisis is adding trillions of dollars to the debt.

The government doing business this way means ever more debt and more interest to pay. The value of the U.S. dollar diminishes with higher government expenditures and inflation.

Since World War II, when the dollar was set as the primary reserve currency of the world, The FED and the U.S. government have exported vast amounts of dollars to the world. This process was facilitated by the 1973 agreement with Saudi Arabia and OPEC for the "petro-dollar" to be used exclusively for oil purchases.

In essence these agreements caused dollar inflation to be spread around internationally, rather than having the excessive creation of fiat dollars generate hyperinflation in the U.S. Rampant inflation may have upset U.S. consumers enough to react.

Now the dollar's status as world reserve and petro-dollar is subsiding as other nations have begun to trade in oil and other goods using their own currencies and bypassing the dollar. Unless there is a currency reset and a significant reduction or elimination of play money production by the FED, the dollar is likely to collapse leading to big time inflation, especially in oil and imports.



Will we have total economic collapse soon, as many economists believe, or will it be delayed another year or more by continued manipulation methods?

The repercussions of the shaky derivatives market is still threatening the financial industry more than ten years after it surfaced as a crisis. Several banks have quietly been assimilated into bigger banks.

The debt crunch is likely to worsen, accompanied by more retail closings, failed business ventures, bankruptcies and consolidations in banking and other industries, increasing unemployment, another decline in real estate and a further fall in stock prices.

Massive government borrowing and spending will ultimately bring a return of either serious inflation or collapse, and possible replacement of the dollar. There may be a new domestic dollar separate from the internationally used dollar.

Either way, U.S. currency is likely to fall far more deeply in value than it was before the recent strengthening in conjunction with lower oil prices.

Before long, Americans and others around the world may face financial hardship unlike anything known before, including the "Great Depression".


The Worst Is Yet To Come
The economic upheaval we have seen so far is just the beginning. The severity of the long and deep stock market crash of 2008 and 2009 was indication that we are in for more than a "recession". Now in 2020 we have had the greatest decline in the stock market in history.

Even though the stock market has recovered somewhat, as it was re-inflated after the crash of 2008, U.S. manufacturing, the retail sector and especially commercial properties, are way down and dropping further. The credit card debt bubble will also lose more air. Real unemployment is suddenly higher than ever. The amount of job losses is astounding.

How can the stock and real estate values hold in a depression economy?

Despite their claims, administrations in the past have not really fixed economic trouble with stimulus policies. Most of those serving as advisors and agency heads, are conglomerate agents, often from corporations that can benefit from their government position.

The presidency of the U.S. has been mainly a ceremonial front role, an acting job in service of conglomerate controllers, since at least Kennedy.


Vested Interests
Former Treasury Secretary Paulson and FED chairman Bernanke were our economy's main financial leaders from 2006 through the crash in 2008.

The recession was going on for a year before they acknowledged it. Yet they were all over the financial bailout and rapidly drummed up well over a trillion dollars from Congress. Further, these TICK agents operated without accountability, and they made sure that most of the funding went to their allies in the financial industry.

Bernanke remained in charge of the FED until February, 2014, with the next Fed operative in line, Janet Yellen, taking over the helm. Their buddy, Tim Geithner, another Goldman Sachs alumnus, had moved from being a FED executive to be Treasury Secretary for the first term of President Obama. Trump has continued bringing in banking executives and other TICK operatives to key government roles.

In many government departments and agencies, the industry controls the related government office.

Why has it come to this -- risky ventures, fraud, bank and credit crises, bailouts and TOTAL FINANCIAL TAKEOVER?

That's right, the conglomerate bankers and other corporate manipulators have taken over the U.S. government and economy and are doing with it as they will. They lobbied for and got the reduced regulation that allowed Wall Street to become a giant casino with nearly fake chips.

The "Deep State" has planned and executed their coup over the course of about a century, to the point that they became more boldly obvious in recent years.

The fear and distraction the TICK perpetuates have turned people's attention away from dedication to the positive values of living: love, caring, happiness, creative enterprise and pride in one's work.

The fear culture the controllers have fostered emphasizes greed, selfishness, short-cuts, cheating, ignorance, doubt and apathy.


The Banking System

In the economy that has been developed in this world, control of money is control of power. The money brokers are more powerful than governments. They often operate above the law and in ways that disregard or diminish the well-being of humanity.


Real Money
In the days of real money, before currency was divorced from precious metals, a $5 "Silver Certificate" actually said right on it, "This Certifies That There Is On Deposit In The Treasury Of The United States Of America FIVE DOLLARS In Silver Payable To The Bearer On Demand."

Even the original "Federal Reserve Notes" stated that they were, "Redeemable In Lawful Money At The United States Treasury Or At Any Federal Reserve Bank."

Here is the clue, the term "Lawful Money". That is gold and silver. Article I, Section 10 of the Constitution states, "No State shall . . . make any Thing but gold and silver Coin a Tender in Payment of Debts."


"The refusal of King George the Third to allow the colonies to operate an honest money system which freed the ordinary man from the clutches of the money manipulators was probably the prime cause of the revolution."

-- Benjamin Franklin


"Play Money"
Today’s dollar bills have on them only the limited statement, "This Note Is Legal Tender For All Debts Public And Private," and they are not linked to gold or silver. This "currency", the paper bills each titled "Federal Reserve Note", is still called "legal tender" to maintain confidence in using it for commercial payments.

However, the value of U.S. currency has diminished dramatically since 1964 when the government began to move away from precious metals as a true value for our coin and currency.

Today's currency is pretty much like play money. We can take some of it out of the "bank" for day to day transactions because all parties have been willing to agree to use it as a means of exchange.

However, unlike play money, which has a fixed value in the context of the game it is used for, our cash money has lost value incredibly over the years.

Cash money is only pieces of fancy paper and nearly worthless coins. Its value changes depending on transactions between buyers and sellers. It is likely to lose even more value in the next year or two, perhaps rapidly.

How Banking Works
Banking is a very interesting business about which most people have a poor understanding.

Financial banks control the flow of currency similar to the banks of a river guiding and limiting the currents of the water.

In fact, much of commercial language, policies and law have to do with mercantile shipping, originally on seas and rivers, but now including air and land transportation as well.

Most of us have been unwittingly bound to a commercial economic and legal system that operates under international maritime agreements regarding contracts, financial instruments, regulations and laws, that we do not have the education nor the tools to to navigate for our own best interest.

The TICK corporate masterminds have used banking and these little understood rules of commercial engagement to capture nations, industries and individuals in a net of unrecognized slavery through debt, taxation, insurance, employment, poverty, welfare, wars and expanding regulation.

The banking industry benefits tremendously from two main practices that were "grandfathered" into legitimacy centuries ago that could really be considered unethical.

These are:

~ fractional reserves

~ compound interest


Multiplier Effect
The fractional reserve method of banking that Mayer Rothschild developed in the 1600's is the key to how banks operate even today.

The banking goldsmiths of old lent out scrip, paper receipts for the gold they kept in safe storage for customers. As scrip circulated as currency, they had noticed that few customers came in to claim their gold, preferring to keep it safe with the goldsmith. So they lent out far more notes than they had gold in the vault.

As long as they keep assets amounting to at least a set portion of their loaned value on hand as computer credits with the Federal Reserve Bank, banks are actually permitted to create the money to issue loans or buy assets

A bank is able loan out about four times as much money as depositors keep in their various accounts in that bank.

As the loan recipient spends the money received, some or all of it will go into another bank account, increasing that bank's deposit and its capacity to loan.

So more loans mean more deposits leading to more loans.

When banks or other lending institutions issue loans, more dollars are instantly added to those already in circulation through a computer entry.  People, businesses and the government going deeper and deeper into debt as the years have gone by, have added trillions of "credit dollars" to the economy.


More Dollars, Less Value
A lot of dollars have been created and added to the money supply over the years through the government's bond sales and their expenditures.

The expansion of consumer credit has also been a major inflationary factor.

Actual U.S. government debt and obligations are now over $17 trillion, reaching a 53 year high as a percentage of Gross Domestic Product (GDP). The debt ceiling has been raised again and again to accommodate the annual deficit.

By comparison, at the end of 2005 the debt stood at about $7.8 trillion.

At the same time U.S. consumer debt has risen to more than $14 trillion as well.

Meanwhile, the FED has issued massive loans to banks and "pseudo-banks".

Put more simply, vast amounts of dollars have been pumped into the U.S. economy for years. There are far many more computer credit dollars than there are paper dollars, and there are lot of paper dollar bills.

You can imagine that with a limited amount of goods to buy, the more of these dollars of both types that there are in circulation, the less value each will have.

In the global money game, the rest of the world is justifiably not valuing U.S. dollars as highly as in the past.

The dollar has been sustained by sale of U.S. bonds, world reserve status, petrodollar status, manipulation of markets and U.S. military might. However, the greed, corruption, fraud, crimes and excessive amount of dollars issued have brought the U.S. and world economies to the brink of ruin.


The concept of interest arises from treatment of the created money as a commodity. Interest is "rent" for the temporary use of money borrowed from a lender.

The problem is that when a bank "creates" computer money to loan, it does not create any for the interest. So for the interest to be paid, someone has to have less money for other things.

Compound interest makes this problem much worse. Compound interest means that interest is being calculated on unpaid interest as well as on the principal.

Compound interest is why a $100,000 home may actually cost over $300,000 by the end of the mortgage; or why it is so hard to pay down a credit card, especially when the interest rate is 20% plus.

The 2% interest demanded by Mr. Potter drove George Bailey nearly to suicide in the movie It's A Wonderful Life. The normal rate at the time was 1%.

Interest on consumer debt today is effectively usury. It sinks people into perpetual debt. It does not seem right, but it has been well-entrenched business practice in the financial industry for many years.

Banks and other financial institutions also pay out compound interest on savings accounts, Certificates of Deposit, etc. However, the rate paid to the account holder is obviously less than an institution charges on loans. It has been mostly less than the inflation rate for decades.

Further, when you deposit money in a bank, you have lent them the money, and they can use it as they choose. If the bank goes insolvent, you are an unsecured creditor and may not get it all back. The FDIC cannot possibly cover all the funds in all the bank accounts. They technically have up to 99 years to reimburse customers for insured losses.

Take note that none of this makes your local banker a "bad guy"! We all know and deal with bank employees. They are nearly all fine and ethical people. They work at the bank to perform a service and earn a living. They have no control over how banking works.

It is the system and the elite at the top that created the problems long ago.


The Federal Reserve Bank

Central Bank
In review, the banking system in the United States was reorganized around the "Federal Reserve Bank" as the central bank beginning in 1913. European banks have followed the central bank format for much longer.

There has been a controversy over a central bank since the founding of the United States. We have had periods with and without one, and the economy did very well through most of U.S. history.

As mentioned earlier, the Federal Reserve Act of 1913 was structured by Paul Warburg, agent of the European Rothschild banks, with the help of U.S. financier, J.P. Morgan and his contacts.

The Federal Reserve Bank is a private bank. It is not owned or controlled by the United States government. In fact it is owned by big banks, which are members of the Federal Reserve System.


Banks, companies, other governments, and individuals loan money to the United States government through the Federal Reserve, which markets U.S. government bond issues.

Other functions of the FED include:

~ issues and manages U.S. currency
~ tracks and attempts to control the money supply
~ acts as a clearinghouse for checking account transactions
~ provides cash loans to member banks to meet their daily needs
~ sets the interest rate for these loans (which is the basis for the prime interest rate on which most other interest rates are based)
~ determines the amount of reserves banks must keep on account with the FED relative to each bank's deposits available for investment.

These activities make the Federal Reserve Bank the most powerful one influence on the U.S. economy.

They also earn income through lending, buying and selling precious metals, and marketing or investing in government securities of the U.S. and other nations.

The Federal Reserve Bank and the Federal Reserve Board that runs it have no real oversight from the government. The FED has never been audited. No outsiders know how they handle their money.

The Bank for International Settlements is a global version of the Federal Reserve which is associated with the International Monetary Fund and the World Bank. These institutions control literally trillions of dollars in international financial dealings and make unbelievable profits for their highly restricted mega rich investors.


FED Funds Flow
Making a show of trying to resurrect the economy after the "Crash of 2008", the FED lowered the "Federal Funds Rate" to nearly zero, the lowest in their history. This is the interest rate on short term funds borrowed by banks from other banks. Now they have done it again with the current pandemic economic collapse.

Banks must maintain a certain level of cash on deposit with the FED, as a reserve against the liability of their much larger amount of deposits. The required reserve rate, which is set by the FED, is currently slightly less than 10%. To maintain this required reserve, banks often borrow from each other.

At one time the reserve was set in the 20% range. That means that banks now keep about half as much deposited cash on hand with the FED than they used to have.

The gradual lowering of this reserve rate allowed banks to almost double their level of lending and investing over time. This larger supply of money for lending partly explains why a lot of additional investment dollars went into more risky ventures in the last 25 years, such as 100% sub-prime home mortgages and the questionable derivatives based on mortgage packages including many of these.


There are twelve regional Federal Reserve Banks, with the New York bank being the leading one. The primary owners of the New York Federal Reserve Bank are nine major regular banks, which themselves have a substantial foreign ownership.

So after our earlier, and perhaps wiser, national leaders resisted or limited the foreign banker involvement in our economy for the first 135 + years; our representatives and other leaders were gradually pressured, manipulated and/or bought off to turn control of the financial well-being of our nation and its citizens over to these banking interests with the Federal Reserve Act of 1913.


The primary recipients of financial bailout funds are the banking institutions that are members of the Federal Reserve system.

Henry Paulson, the U.S. treasury Secretary under G. W. Bush, that guided the funds into banker hands in 2008 was the former chairman at Goldman Sachs, a huge investment bank that become a regular bank as well to get some of the bailout funds.

Treasury secretaries are usually from the banking industry, perhaps a former head of a Federal Reserve Bank.

The bankers then run the government's finances. They take care of their friends and associates by handing them bailout money. Maybe they do a song and dance for Congress to get the funding, like Henry Paulson.

Some of the outrageous Wall Street bonuses and other executive perks were still paid despite the 2008-09 financial disaster.

Was there any collateral for bailout loans? In which situations has the government taken an equity position in a company? With bailouts there is a major movement of funds the U.S. government has borrowed into private conglomerate hands.

In a historic television interview, FED chairman Bernanke stated that in addition to government funds, the FED itself was loaning its own money to banks and companies that were called "banks".

The printing presses are cranked up to flood the economy with cash, purportedly to get the economy moving.

Instead, the financiers and big banks, including the FED, have used a good chunk of free or low cost money to buy up equity assets such as other banks, utilities and companies in core industries, or to support their own stock. Of course banks are taking ownership of vast numbers of residential and commercial properties through foreclosures as well.

Beyond marketing U.S. government bonds, the FED has become the largest holder of U.S. debt obligations in the trillions of dollars. By contrast, U.S. citizens are owed nearly a trillion, followed by China at about another trillion.

The FED and U.S. government alliance in running our economy is NOT capitalism. It is corporate statism. This is effectively a redressed version of the top-down "communism" we were taught as children to disdain.

Corporate statism is made to look like capitalism with a bow to socialism for taking care of the needy. However, it is a consolidation of power administered by the largest government and financial bureaucratic cartel in history.

Government regulation is instituted to make a show of controlling capitalist greed, corruption and disregard for the health of people and nature. However, the real issue is power -- control of resources and populations.

As China and Russia have seemed to move more toward enterprise capitalism, the U.S. government is appearing to appreciate a socialist agenda, while actually becoming a corporate state controlled by the financial, political and and media moguls of the TICK.

Most of these people are unelected, and they do not represent the best interests of the American people.

Beyond the fraud and corruption that contributed to the financial crisis, there have probably been additional shady deals with the bailout funds behind the scenes. Further, there is no process of accountability in place.

According to Catherine Austin Fitts, who is a former undersecretary of the U.S. Department of Housing and Urban Development (HUD), and now an outstanding commentator on economics and government, more than 3 trillion dollars have vanished from the military budget in a recent two year period, and much more than that over the years.

Where has this money gone? To Black Ops? To "Homeland Security" for secret technologies of mass monitoring and control? For new weapons of mass destruction? To development of equipment and specially trained troops and procurement of weapons for enforcement of the "New World Order"?



"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." – Thomas Jefferson

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance." - James Madison

"If congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corporations." - Andrew Jackson



Letter written from London by the Rothschild bankers to their New York agents introducing their banking method into America:

“The few who can understand the system will be either so interested in its profits, or so dependent on its favours, that there will be no opposition from that class, while, on the other hand, that great body of people, mentally incapable of comprehending the tremendous advantage that Capital derives from the system, will bear its burden without complaint and, perhaps, without even suspecting that the system is inimical to their interests.”


Click here for an excellent video on the bankster scam that has ruined the economy.


Rest Stop

A relaxing breath and fresh thought can make things better:

 Loving is freeing.

~ ~


TICK Economic Policies

Spending Dollars
The wars in Iraq and Afghanistan have had a major detrimental effect on the U.S. economy. The extreme costs of war and military occupation produce massive government borrowing.

More and more dollars were created and spent to conduct the wars, and the dollar's relative value globally became much lower as a result. Now many more billions of dollars are intended for the war in Afghanistan.

Defense spending constitutes at least 30% of known government spending, with nearly another 20% going to payments on the National Debt. There may be much more going into secret defense and "national security" projects.

The U.S. government has spent additional vast amounts of dollars in the bailouts of major financial institutions such as Bear Stearns, Fannie Mae, Freddie Mac, AIG, plus a number of banks, supposedly to restore liquidity in the lending industry.

With all this, plus the funding to cover much more of the financial industry's bad debt, the Social Security, Medicare and other obligations, the U.S. government is so far in debt it is said to be impossible to ever pay for it.  The 2009 "stimulus package", authorized more stimulus funds yet to be spent. The government is also taking over funding of college loans.

Good money is chasing bad, and the common people will be the last to get any benefit from it.

Meanwhile we are effectively owned by the Federal Reserve Bank and China, with other lenders holding claims on smaller portions of the pie.


Rich Get Richer
The bailout funds are supporting the financial positions of the wealthy. TICK insiders are funding other TICK insiders by stealing from the people of the United States.

As Mom used to say, "Them that 'gots', gets!"

Those that have wealth have the capital, the connections and the power to get more. The wealth assets of the United States are being further consolidated under TICK control.

The Federal Reserve Bank recently reported a profit for 2009 of more than $50 billion. This is the largest annual corporate profit ever recorded, beating the previous record profits of Exxon which prompted government investigation.

Meanwhile, ordinary people are getting hardly a crumb from the TICK's table. In fact our purchasing power will again be diminishing soon.


The Currency Crisis
The weakening of the dollar, the great domestic inflationary pressure of government borrowing and spending, the expanded bank lending, the high price of oil, and changing consumer trends, altogether had set the stage for the economic disaster in 2008 and 2009.

The freezing of liquidity and the housing, debt and stock market crashes unleashed financial havoc in the U.S.

Real estate remains fairly depressed, many people have lost their homes and foreclosures continue to be processed, more businesses are closing, and jobs continue to disappear.

Despite politicians claiming that recovery is underway, the economy is on the verge of collapsing. Commercial real estate is going down the tubes. That will cost many more jobs, and possibly kindle another destructive fire in housing market.

Further, there are many high quality counterfeit U.S. currency bills circulating in the world economy.

It was reported last year that a real currency printing plate was stolen from a Korean printing plant that was contracted to print U.S. currency. (What sense does it make to have our currency printed overseas?)

Beyond that, it is rumored that Russia has assisted in ruining the U.S. economy with carefully fabricated counterfeit currency of their own. They may have done this in retaliation for covert U.S. efforts to damage the Soviet economy with bogus rubles in the late 1980's. That dirty trick contributed to the folding of the Soviet Union. 

So an increased amount of counterfeit higher denomination dollar bills is adding to economic turmoil in the U.S.  You have probably experienced bills of $20 or higher being checked for validity at many retail stores.

A long-planned currency change is likely to be enacted before long. It may not be favorable to your financial well-being when it happens.


In 1971 the U.S. dollar was taken off of the gold standard under President Nixon. Within a few years we experienced skyrocketing inflation of nearly 20% per year.

This was similar to the fall of paper currency's value during and after the Revolutionary War, when a "Continental dollar" eventually fell to near zero. This spawned the phrase "not worth a Continental" as a description of something worthless.

During the Civil War, under Lincoln, the "Greenback dollar" was issued without precious metal backing to pay for Union war expenses. Over the course of the war it fell in value by about two-thirds.

Compared to the shocking inflation of the late 1970's, the modest inflation of recent years has been accepted with little attention. The exception to this was the run up in oil and gas prices during 2008, which is evidence of the real world valuation of the dollar.

Inflation is fairly certain to return before long, because debt is easier to pay off as dollars become worth less. The government and many business corporations are even deeper in debt than consumers. They all need inflation rolling to assist them in servicing the debt.

Further, the government will continue to use massive spending in a prolonged attempt to rescue the economy. The interest rate on government securities is nearly zero. Yet they have no trouble selling their bills and bonds.

U.S. Treasury obligations are considered the safest haven for cash in the world. Investors are parking their money in these papers without caring that they are making almost nothing.

So the U.S. government has been borrowing huge amounts for an extended time, with almost no interest to pay. Meanwhile the FED has opened its till to member banks, filling the pipeline with new dollars created with no backing.

They will continue pumping money into the economy like toy cash from a box game trying to make the economy seem like it's growing or at least not getting worse. Eventually as the rest of the world ends their dollar dependency, the diminished value will become the issue as inflation becomes undeniably underway. They will then raise interest rates farther in an attempt to curb inflation.

Either the return of massive domestic inflation, or the complete wipeout of the dollar is inevitable. Possibly both will occur.

The hyperinflation that is likely to be unleashed once inflation gets started will make the financial side of life even more challenging for everyone.

The creation of more and more government debt is continually needed to pay off earlier debt instruments while still funding government programs, which cost far more than government income.

In fact, revenues from taxes will be much lower with so many people out of work and business profits down. Watch for new or higher taxes as politicians ignore campaign promises to try to lessen huge deficits.

At a certain point, the interest on Treasuries may need to be raised to attract more lenders to fund the growing expenditures and to stem inflation.

That would lead to increased interest rates throughout the banking system, which could put the brakes on the very recovery the government is claiming is in progress, but which is hiding behind a bunch of faked statistics.

By the time the United States admits its long hidden bankruptcy, it will be paying debtors with dollars that are worth about the same as the box game cash.

If a day comes when the U.S. government stops expanding the national debt and cuts most of their outlays, the whole balloon may burst. It seems that anymore, only the government, banks and a few flush corporations have any funny money to spend.


The TICK has acted to scale back inflation and hold it off for a while longer. Cash availability through the banking system has been restricted.

With reduced manufacturing and high unemployment, demand for oil and gasoline have plummeted, and prices have dropped way off of their high when oil was near $150 per barrel.

Some economists are concerned about this deflation, a rare experience in modern times.

Actually a recession and deflationary period were expected by demographers who foresaw that "Baby Boomers", many now in their sixties, are spending a lot less money for several reasons.

Boomers have accumulated most of their hard goods needs. Their children are mostly on their own financially by now. Boomers are not buying homes, refrigerators, etc., as they once did. Also, many of them have lost a huge portion of their retirement funds with the market crash.

Following the lower prices of oil and gas, the reduced prices of real estate, the crash in stock values, and the massive loss of jobs, many other prices were reduced.

New automobile prices fell substantially a couple years ago, after the 2008 Crash.

With more Boomers retiring, more people becoming unemployed and lower home and retirement fund values causing drastically reduced purchasing, there is pressure for vendors who are not moving their merchandise to lower prices to entice sales.

Retailers uncharacteristically lowered prices and offered discounts early in the last few holiday shopping seasons to motivate reluctant buyers. Most continued running specials to get sales in trying to stay afloat, yet even with that many retailers have had to consolidate or have gone out of business.

As merchants reduce their prices to try to generate more business, they may have to cut expenses.

This often results in more employees being let go, cut backs in inventory, decreased advertising, curtailed goods and services, many store closures, and overwork stress for remaining employees. All of this has further negative repercussions throughout the economy.

If real estate values fall even more, and additional mortgages and credit card payments are abandoned by income starved consumers, many more banks and other companies that are in deep trouble would close unless purchased by bigger ones.

The deflation actually held off the tremendous inflationary pressures of the monumental amount of dollars that have been pumped into the economy in recent years from war spending, debt expansion and the bailouts, but inflation has been coming back.

The inflationary pump will gain power as the FED continues spending to try to prop up the markets.

Along with the recovery in the stock market, some companies have raised retail prices, especially in the food sector. Also, a weaker dollar makes imported products or materials more expensive to a U.S. business, an added pressure for increasing prices

Deflation in some industries has delayed the wipe out of the dollar by the probable coming hyperinflation and/or currency replacement. Meanwhile the TICK financiers have grabbed up as many assets as they can at a bargain, with the aid of government money. Also China, our greatest foreign creditor, has been given the opportunity to acquire U.S. assets including infrastructure.

TICK government insiders have handed their wealthy and powerful associates mountains of free cash to take advantage of the fire sale of U.S. assets. On the other hand, little of the FED's "Quantitative Easing" has gotten to small businesses or individuals to actually help the economy.

Prices of many items were held down as people lost their jobs and homes and small businesses went under. Keeping down the cost of basic necessity goods helped ease the burden of being out of work. It also dampened the motivation for an insurrection by consumers until the TICK is ready to deal with that. Now prices are starting to rise, especially for foods.

Meanwhile wealth is being further consolidated in the hands of the ultra-rich.

Rather than using government finances in this crunch time to foster creative enterprises that could generate jobs and build real wealth among the population, the TICK has fostered a bargain buying opportunity and has been gathering up whatever assets of worth that they can before the inflation train gets really rolling.

One way that hyperinflation might be stemmed is by authorities almost completely shutting down the economy rather than trying to spend their way out of recession.

Either way the financial challenges for most people will be significant.

If the economy were allowed to reset without manipulation, new leading sectors could come forth to become firm footing for a revived economy.

Some are concerned that the government could get to the point of declaring a financial emergency whereby they would cut or even stop paying out Social Security, welfare and unemployment payments. Then only a few people would have an income.

In that case, rather than currency inflation, people may be forced to trade work for food or rent and to barter for exchanges, as cash in the hands of average people would be very scarce. Even worse, crime could increase to unbearable levels, particularly in the cities.


Over the many years of high U.S. government expenditures, the dollar has become worth substantially less in its purchasing power. Before long, it will probably plummet even more.

The dollar has survived for decades of overproduction because it had been set to be the world's reserve currency back near the end of World War II when the U.S. became the leading power in the world. Through 1971 the dollar had a gold exchange value pegged at $35 per ounce. Other nations were glad to accumulate dollars as they needed it for their currency exchanges with other nations.

Shortly after the dollar was divorced from gold, a deal was arranged with Saudi Arabia and OPEC for it to be the "petrodollar", used exclusively to pay for oil, which maintained the demand for dollars around the globe. This and the continued military and economic strength of the U.S. maintained confidence in the dollar. It allowed the FED to export trillions of dollars, as well as creating a market for U.S. Treasury debt instruments for nations to park their dollars to earn some interest.

The U.S. government used the acceptance of the dollar and U.S. Treasury paper to expand its bureaucracy and military presence around the world.

The nearing end of the dollar's reign as the world's reserve currency and petrodollar, the great domestic inflationary pressure of continued U.S. government borrowing and spending, the current accumulation of U.S. bonds by the FED itself as others avoid them, the ongoing high price of oil, and weak demand from a vastly underemployed population, have brought us closer than ever to the brink of economic collapse.

The "BRICS" nations, Brazil, Russia, India, China and South Africa, agreed last year to use a basket of currencies for the exchange of oil. The price of a barrel of oil will no longer be expressed and sold in U.S. "petrodollars" alone.

China, as the largest foreign holder of U.S. dollars, cannot afford an immediate and rapid collapse of the dollar, but they are now apparently willing to let it float down further in international value.

They will probably try to spend their dollars as rapidly as they can without dramatically undermining the worth of the dollar in the process, until they have unloaded most of what they hold. Russia is boldly making moves to undermine the dollar and weaken the U.S. military grip.

If the U.S. government and the FED continue the flood of dollars, they will no longer be soaked up by the world economy, the dollar's value will lessen, causing serious diminishment of the U.S. economically.

If a new currency is adopted globally or regionally, the dollar may be severely devalued in exchange, or possibly replaced with a new asset backed dollar.

Click here for a short video of a statement by an investor with inside connections in a discussion with a journalist about the plans by authorities for the dollar.


Debt Crisis
With the current debt crunch, jobs are being eliminated throughout the economy, and people are cutting back on spending. This is causing more and more businesses to contract, resulting in more job losses.

In addition to a vast number of people "under water", having their mortgage balance higher than the current market value of the home, many also have their credit card accounts near the maximum. Great numbers of these card account holders are behind on payments, many to the point of collection calls or legal action.

The monetary and lending policies of the Federal Reserve, Fannie Mae, Freddie Mac and other financial institutions have bankrupted the United States several times over.

In fact the U.S. government has been effectively bankrupt since the 1930's, as the the Federal Reserve and its bankers became our primary creditors.

By today, the U.S. government has borrowed over 80% of the world's financial savings to keep their debt game going. Most of our government's expenditures are made by deficit spending.

Around $3 trillion in U.S. dollars was held by China alone at the peak. The U.S. debt obligations to China are almost 1/3 of that. Now the U.S. government has opened up avenues for China to accumulate assets and set up manufacturing in the U.S., including bringing in their own people to work here.

Other foreigners have also bought up many U.S. assets with dollars they were holding.

The total U.S. government "National Debt" is reported to be over 17 trillion dollars and growing each year.

Considering future obligations such as Social Security, Medicare, etc., some believe the U.S. government is actually on the line for more than $150 trillion!

China cannot rapidly spend very much of the vast amount of dollars they hold, or it would raise their own currency's value dramatically, making their goods more expensive to the world market. The resulting reduction in their exports would worsen their current serious problem with unemployment.

The U.S. is so far in debt that we may not be able to pay it off if we gathered up every asset in America and sold it to raise money. With the economic stimulus programs on top of the financial bailout, the U.S. is going far deeper into debt.


Income Taxes
There is much about the Internal Revenue Service and its codes that most of us, including IRS agents, do not understand. It can be truthfully said that we have been purposely misled for many years.

The two major income tax issues are:

1) What is taxable income?

2) Who is liable for the income tax?

Experts, including former IRS agents who have researched the Internal Revenue Code have said there is no language that establishes that what one is paid for their time and effort is "income" subject to the tax. Further there is nothing that clearly establishes that a person paid for their work is liable for the tax.

This tax code actually contains "coded" language. There are terms used in a different way than normal without explanation.

For example, the word "must" does not necessarily mean that one has to do something absolutely. It can mean "to be reasonably expected to do it". This is consistent with the "voluntary compliance" policy of the IRS.

Since the personal income tax may not really be a constitutional tax, as explained later; the Internal Revenue Code and the IRS are structured to convince the people of the United States that they are "taxpayers" who "must" pay income tax and file informative tax reports.

Information that can be used against you in court cannot be compelled from you, as that violates your 5th Amendment right to refuse to provide self-incriminating evidence. That is why filing a tax return is voluntary.

Millions of people in the U.S. do not file returns. However, if you don't file, the IRS may eventually harass you about it.  Communicating with the IRS about this issue is fruitless, as they just send passages quoted from their code that do not state anything clearly.

Some analysts of TICK fraud practices believe that a person unknowingly commits to being a "taxpayer" by declaring on IRS forms that they are a "United States citizen", a corporate federal citizen of the United States Of America, as distinct from being a citizen of the state where they live and thereby a citizen of the united States.

In any case, if you work for a corporation, including a government, the TICK considers your pay to be taxable for sure, and the income taxes will be withheld from your paycheck.


IRS Collection Agency
The Internal Revenue Service is the TICK's collection agency in the United States Of America.

The Federal Reserve banking system drives us deep into debt, both as individuals and as a nation. Then through the IRS, the the funds are collected to pay the interest on the national debt to the bankers from the unjust income taxes on workers and businesses.

The IRS has virtually all business and organizations convinced that they are required to withhold taxes from their employees wages and submit them.

If you work for yourself, the IRS will make a sustained effort to capture value from you. They can be ruthless and relentless, sometimes basing their determinations on incomplete or even fabricated financial data.

Unlike the normal common law right of innocence until proven guilty, the IRS attempts to get their "taxpayers" to prove what their "income" is by documentation and a signature "under penalty of perjury".

There are similar taxing agencies in other TICK controlled nations.

Question: Is the IRS a U.S. government subsidiary acting like an independent collection agency? Or is it a private corporation making itself out to be part of the government? Some investigators have claimed the IRS was incorporated separately in either Delaware or Puerto Rico.

Either way the U.S. income tax the IRS collects is inconsistent with the proscribed methods of taxation spelled out in the Constitution.

Researcher, Red Beckman, has documented that the 16th Amendment (Income Tax) was never actually properly ratified by the states of the United States .

The Federal Reserve Bank, the IRS and the U.S. income tax are all TICK control tools that would horrify the founders of our republic.

Click here for an article and video about a CPA and former IRS agent turned whistleblower who does seminars exposing the IRS fraud.


Problem Sectors Of The Economy

The TICK has ridden a profit wave with each of the leading sectors of the economy for the last few centuries. These dominant trends have each had a major economic impact of their own, as well as generating or influencing various spin-off industries.

The leading economic sectors since 1700 have been: agriculture, cotton and textiles, defense and munitions, mining and drilling (coal, metals and oil), railroads, automobiles, manufacturing, chemicals and medicine, retail consumer sales, and electronic and digital technologies. Each has had a turn at or near the top, and each is still a major industry.

Even greater has been the strength and longevity of service and support industries. Banking and finance, law, transportation (ships, railroads, trucking and airlines), real estate, utilities and media all benefit greatly from the leading sectors.

The TICK has had a hand in all of these important industries, fashioning relationships, guiding, manipulating and gaining or extending control.

Now there are problems in a number of these sectors as well as other aspects of the economy. These problems have developed with the TICK running the game, suggesting that they are unfolding some agenda in the process.

Several times in the past they have orchestrated financial panics and economic hardship, perhaps drying up liquidity and fostering deflation, then accumulating real estate, businesses and stocks at bargain prices. The greatest example was the "Great Depression".


There is a chapter all about oil and the energy sector. Click here to read it.


Real Estate
The sub-prime mortgage fiasco has already had a disastrous effect on the banking system and the economy. What has happened thus far is just the beginning of the debt problems.

The debt load, especially in the U.S., but internationally as well, is a giant house of (credit) cards, uncertain mortgages and student loans. It is worsening into an unprecedented economic catastrophe in the not-to-distant future that will last for years.

Government policies of both parties and several government agencies encouraged the expansion of home ownership, credit cards and student loan debt. Banks were encouraged if not pressured to lend, and government agencies got in the game as well.

Removing restrictions on lending and loosening standards to qualify for home mortgage credit, brought a false boom to the real estate and mortgage industries.

It has led to vast numbers of people being in debt with mortgages and credit cards beyond their ability to make the payments.

Real estate values have stabilized and improved in some areas, but they generally continue to be far below earlier highs, even as inflation returns for other goods.

The TICK financial industry and the controlled courts have rigged a system designed to gradually accumulate most of the property in the United States by document fraud, removing the mortgage paying occupants (serving Agenda 2030), while taking down the entire economy. To contract for a mortgage is commonly to enter a game of fraud that could result in years of payments, mostly interest, and no chance of actually owning the property in the end. (Click here for more information.)

Many businesses have closed or will be closing, more and more people are out of work, few qualify for loans to purchase homes, many of those that have a mortgage cannot keep up with the payments, and few businesses are either newly opening or expanding their operations.

Unless there is a dramatic solution to current conditions, before long you will hear about a terrible worsening of the financial crises with the fall of the dollar, the crash of the retail sector, the demise of the commercial real estate market, and the collapse of the flimsy tower of credit card debt.

The overextended mortgages created on purpose, the reselling of mortgages through multiple straw companies, the derivative securities casino, and the fraud that paying your mortgage loan will result in your owning the property, is about to "hit the fan" with economy collapsing force.

The crises in home real estate, mortgage fraud, lack of employment and complete economic distress will become major issues. There may be social turmoil.


Financial Markets
The financial markets have been less regulated in recent years, and they went wild. They were creating new deals, new financial instruments, new ways to make money with options, day-trading, mortgage backed securities, credit derivatives, etc.

Weak mortgages have been a major part of the downfall of the financial sector. Even more important may be the overextension of most consumers on credit card debt. 

There is little left to spend on most credit lines, and people do not qualify to borrow more. In fact, card issuers are reducing many credit lines, sometimes even if balances are paid down.

Vast numbers of credit accounts of various types are experiencing missed payments. More and more of them are going into collection actions.

At the same time, big banks and stable corporations are gobbling up weaker ones and any other assets they can. The TICK is consolidating, lessening the number of players in most major industries to just a few of their choosing.


The Money Market
The financial system is subject to the vast funds of giant investors moving in and out of cash, securities and commodities on a daily basis. The relative value of currencies effects all of these markets.

Foreign lenders have been hesitant to buy U.S. debt, but still see the U.S. government obligations as a safe harbor in a turbulent financial market.

The interest rate on some Treasury bills is presently held so low it has has even dipped into the negative occasionally. Are there really investors who will pay to lend the U.S. Treasury money?

This situation will change and the U.S. dollar will lose more value before long as the debt-ridden United States continues to deteriorate financially. It would be wise to minimize the dollar-based assets held.

With current government spending, the money supply is doubling every couple of months. The world is flooded with cash, especially U.S. dollars. This inflationary pressure can be held back for only so long.

The deflationary period we experienced was characteristic of the early stage of a developing depression. When inflation resumes, it will probably accelerate rapidly. Some analysts think there may be a collapse of the dollar in the next year or so.

Hyperinflation, rapid devaluation of the dollar and a worldwide decline of confidence in the U.S. dollar, may lead to declaration of a "national emergency" followed by major actions.

U.S. Treasury bills and bonds have been sold and dollars have been spent all over the world. Any devaluation of the dollar is in effect a tax on the world. So far devaluations have been only a few per cent at a time.

Some believe that North American governments have been considering a common currency that would replace the Canadian and U.S. dollars, and the Mexican peso. Others think that a global currency may be developed instead. Still others think we will have a new asset-backed U.S. Treasury currency issue first.

If any such new currency were instituted, the funny money Federal Reserve Notes may be exchanged for it at pennies on the dollar, a drastic devaluation.

If the Federal Reserve dollar becomes nearly worthless, Americans holding mostly assets based on that dollar will become instantly poor. Knowledgeable financial analysts say that it will soon become revealed clearly that "cash is trash".

The incredible amount of personal, small business, corporate and government debt is likely to revive the financial storm until our financial system looks like a house of cards that has been scattered in a strong wind.

If the FED dollar goes into collapse without a viable alternative, the U.S. may become unable to pay even the interest on the National Debt, and may suspend expenditures. The U.S. and its people are becoming a "third world" nation financially. Social disorder could follow.


The Debt Market
Several years ago, businesses were not borrowing as much, so banks were looking for additional revenue and income. 

With decreased regulation and policies that encouraged it, they expanded their presence in the mortgage business, as it was backed by real estate. They also went heavily into the credit card market.

The expansion of sub-prime mortgages and loans at up to 100% of appraised value, as well as the vast amounts owed for credit card balances, have caused many financial institutions to be overextended.

Many lending institutions sell off the loans they have contracted to secondary lenders for immediate cash. These loans are discounted so the new creditor has the potential for enough profit to undertake the venture.

They may in turn sell the loans to another group of capitalists. The riskier loans, especially those on which people are behind in payments, are sold at the greatest discounts. The worst ones go to collections.

Today much of the debt being held by the various levels of the lending and collections industry is very shaky.

The financial wheelers and dealers created a giant bubble of overly priced low quality assets, and even have faked documents and committed frauds. That bubble leaked fast. Now it's offspring bubble, the under-reported derivatives market of trillions of dollars worth of very shaky financial instruments, is about to be exploded by the poke of the fingers pointing at what the fraudulent banksters have done.


Debt Trouble
The mortgage crisis is just the tip of the iceberg. At least mortgages have the actual properties behind them, but these are greatly down in value.

In many cases a home's current market value is "under water", less than the remaining mortgage balance.  If it becomes difficult to pay the mortgage payment, people often walk away from the mortgage in this situation.

In an Adjustable Rate Mortgage with a high balance, the monthly payment can become so high if interest rates increase that a householder simply cannot pay that amount.

Car loans are less valuable than real estate because an automobile depreciates. Also there is only so much of a market for repossessed cars.

The worst debt problem is with credit cards and unpaid utility bills. Deficit spending has been rampant for years. The amount of this unsecured debt is mind-boggling, and a great danger to our economic stability.

One large natural gas company in the Midwest reported a couple of years ago that more than 20% of their customers were behind on their bills. That may actually be far below the level of unpaid bills that most natural gas, electric and telephone companies have on their books now.

More and more people are walking away from their debts, and not just those that are poor or the ones that have lost their job. 

Some knowledgeable home owners in crisis have bought a second bargain home with a smaller mortgage before their credit status was totally wiped out. Then they abandoned the higher mortgage on their first home.

Not all of these people even go through bankruptcy.  Many just stop paying their bills when they can't keep up with them anymore.

As people spend less, businesses sell less and must cut expenses, then they lay off workers, who then spend less.

In foreclosure or bankruptcy, value is lost, dollars fade away, and liquidity dries up in the monetary system.

Then neither individuals or businesses, even qualified ones, are able to get loans to help "tide them through". 

The middle class is likely to get wiped out as the collapse worsens.  It would be wise to reduce a highly leveraged situation now, if possible.

The banks and credit card companies have reduced the funds available for credit card accounts by $2 trillion. They have even reduced the credit lines on cards already in use, perhaps by as much as one-half.

This stops a cardholders from using their card for another purchase after making a payment until they whittle their balance down to a certain level.

As the credit vice tightens, many more people will be in serious cash flow trouble.

The downward spiral we are already experiencing might really gain momentum if the financial markets and involved businesses fully correct to reflect the rapidly leaking debt balloon.


Bank Mergers
With the diminishing value of real estate, and the trend of debtors walking away from loans, many banks are or have been on the verge of closing.  There have been a number of major bank bailouts and consolidations already.

As an example of the shakiness of the mortgage industry, Fannie Mae and Freddie Mac, government chartered financial institutions that back mortgage loans and issue mortgaged backed securities, were taken over by government regulators for reorganization.

Investment banks, regular banks and securities firms have folded right and left.  The TICK financial insiders have been arranging for these institutions to be gobbled up by stronger banks.

The executives of many of these financial companies have had golden parachute payouts built into their contracts that total into the billions. The former execs of failed institutions have walked away with millions of dollars in salaries and bonuses, despite the poor jobs they have done.

It has been estimated that all the mortgages that have been foreclosed or are currently in default in the U.S. could be paid off for less than $100 billion.

Why have we spent more than 10 times that to help the crooks that created the mess? These people marketed junk paper backed by bad debt assets, and a credit default insurance scam, to any institution they could, making billions of dollars, and leaving us holding the empty bag.

The FED continues spending at a clip of more than a trillion dollars per year on rescuing the financial industry and feeding a vastly overweight government full of parasites. This is clearly an example of ticks helping ticks.

Wall Street runs Washington like a washing machine.


New Owners
Huge amounts of U.S. debt, both public and private, is held by foreign investors, many in Asia, especially China, and in Europe and the Middle East as well. Before long these new owners of many U.S. based assets will probably be making their impact felt here.

This takeover of our nation is happening due to behind the scenes business and economic methods, instead of by the military or nuclear conquest we were concerned about during the Cold War.

More U.S. physical assets are likely to be sold to foreign investors eager to dump dollars before they fade into oblivion.


The automotive industry was the leading economic sector for much of the Twentieth Century. For many years, General Motors was the largest company in the world. At one time it was larger than almost all other nations' economies.

Now the auto makers are in deep financial trouble. They have made bad decisions; they have operated inefficiently, and the convoluted union contracts have made it so that workers were taking naps or playing cards on the job.

A great number of people have lost jobs, and so many companies are scaling back that most of these people will not have jobs for quite a while. Even most of the people working are deep in debt.

How many people out of work, or thinking they might be soon, are going to buy a new car?

With the tremendous amount of bailout handouts and loans provided to the financial industry, which does not even make a real product, the auto industry deserved to be given the modest loans to tide them through while they take a shot at reorganizing.

Automotives was the longtime leading economic sector. It supported a massive amount of jobs. Now, both Chrysler and GM are still not far from trouble, even after they have received assistance.

The auto industry must get much better organized rapidly or it will topple and contribute to a plunge into a long and very deep depression.

However, we should be concerned about the government taking over companies. The TICK corporate statist system tends to grow larger and expand control as it moves to solve the crises it creates for the purpose.


Who has extra money to spend? Only desperate or ignorant people are going to add to their debt load by spending with plastic that they cannot pay off shortly.

For the most part, only those businesses selling the basics are going to stay alive in the the deepening economic pit.

Many well-known retail brands and stores have sold out or gone out of business with more to come. There will be lots of empty offices and storefronts, sparsely occupied buildings and plazas, and idle factories.


"The Age Of High Mass Consumption" described 40 years ago by economist Walt Rostow, is over in the United States. 

About 70% of U.S. Gross Domestic Product has depended on consumer spending. Many trillions of dollars have been spent, a lot of them on credit, just because a consumer wanted something that was promoted by advertising or otherwise valued as desirable.

This extended era of spending more and more money on consumption for its own sake is coming to a close. The TICK has brought us through that wasteland of false value to the financial collapse that is the inevitable result of such a misguided adventure.

A great deal of American prosperity has been focused on empty mass consumerism, with incredible tons of waste going into our landfills.

The amount of money spent on packaging and worn out, outmoded, damaged or instantly consumed unnecessary goods, could have prevented abject poverty, starvation, illness and even the ravages of war, for millions of people who have suffered and/or died around the world as a consequence of this enormous consumption folly.

The TICK has considered these masses of harmed people expendable. They are casualties of contrived and/or controlled scarcity, marketing and consumer waste.


As businesses scale back or close, more and more people are losing their jobs. Of course many jobs had already gone overseas to less expensive employment markets.

Technology has already reduced the need for human labor, and this will continue as well.

A great number of the people who have lost their job will not be able to find another one. They will be forced to be creative in working for themselves, or they may turn to crime.

Our current economic system is based on scarcity and profit. A great amount of profits are generated by capturing and exploiting apparently scarce resources and necessities as inexpensively as possible.

There was no provision in this system for helping the jobless, the poor and the starving, so Progressive politicians, influenced by Communist ideology, legislated redistribution of wealth via taxation to support the poor. A graduated income tax and government enticement of low income supporters is a key plank of Communist strategy adopted by the global controllers 100 years ago for taking over free societies.

Encouragement of voluntary charitable assistance, along with training and help to get a job or develop one's own business serves everyone better than taxation on the earnings of those who work. Taxes, particularly on income, retard creative enterprise.

Unfortunately, people tend to take advantage of a gravy train. Those who are satisfied with handouts do not pursue other opportunities. Then, like livestock not realizing they are to be slaughtered, they blindly support the growth of the monster government that provides for them until it is ready to eat them en masse!

The elite intend to destroy the masses of those they consider "useless eaters" to reduce global population. 


There is already a global food shortage, and rising food prices in other countries are causing rioting by poor hungry people. If severe weather or other factors greatly reduce harvests, food could become the major crisis issue in the world.

Food product prices in the U.S. have been rising under the radar for several years by the method of slight reductions in package contents. With the higher cost of fuel for transporting food in the last couple years, many sticker prices went up as well.

There could become very serious food shortages, even in the U.S., that may make life challenging.  Further, the quality of food could suffer with a possible reduction in restrictions on genetic engineering, use of chemicals, irradiation, etc. 

If crop growers become fearful, the current momentum of organic and sustainable agriculture could be reversed.  Fewer farmers would feel confident in making changes from what is conventional, or in resisting the promises of seed and chemical companies for artificially boosted harvests.

Beyond that, for farmers to grow beans, wheat or another crop instead of GMO corn or sorghum for ethanol, the profit per acre must be competitive.

Weather anomalies and disasters are repeatedly destroying crops. These are from a combination of entering a possible "Grand Solar Minimum" period of lower temperatures, and weather manipulation by geo-engineering.

Livestock feed pricing also hinges on corn prices. As the prices of foods rise there will be a reduction in demand for non-essential items unless and until the price is driven lower.

Still, people must eat, so demand and prices will likely be relatively high for staple food items.


The supply of surface water fit for human use is diminishing rapidly. Water tables are generally low. These do not replenish rapidly enough to meet current use demands. Rural wells need to be drilled or re-drilled much more deeply than previously.

Water will become a major issue. Charges to consumers for water will escalate. Conservation regulations will increase. Water deals as well as squabbles between communities are likely to become more common. Some are saying there could be wars over water.

The establishment sees water as a profit center, whereas the deep sources of water from the earth are plentiful and pure, just needing to be accessed for abundant, clean, inexpensive water for all.


Immigration Issues
In the United States, our birth rate is now at what is considered equal or below a replacement level. New births are about the same as deaths.

However, in recent years the U.S. population has grown by over 2 million people per year from immigration. Some of these have entered legitimately through appropriate procedures. Most have come into the U.S. illegally.

Not only does our government do a poor job of controlling this, border patrol agents have been prosecuted and gone to prison for defending themselves against illegally entering, armed drug traffickers.

The hordes of undocumented immigrants are bringing high levels of crime with them, filling low end jobs, cramming into low cost housing, costing us billions in government spending, and overloading our emergency rooms and hospitals.

Many immigrants, legal or not, and from a variety of other nations, come from a culture of poverty, and they bring that with them. They may or may not be able to raise their financial status here, but at the least they are getting food and medical services.

Immigrants of the same backgrounds tend to settle in crowded neighborhoods together, and maintain their own language. They also tend to stay together socially, to the exclusion of outsiders.

Meanwhile, they are bringing along their rituals, their cultural practices, and their associations, including gangs. As they move around the United States, these influences come with them.

Some futurists believe that the growth of our population, and the changing of the lifestyle and economic status of the people of the United States will be the dominant concerns of the next 30 years.

Do Progressive politicians anticipate giving illegal immigrants citizenship, and thus add their pool of voter support? There are reports that many illegal residents of the U.S. have actually been voting fraudulently.

Are the globalists favoring this flood of mostly poor, inexpensive labor into the U.S.? Will this help them move things toward their goals of a North American Union and a global corporate government?

There are reports that many illegal immigrants or their young adult offspring, are being incorporated into domestic "security" forces and prepared for assisting with military occupation of the United States during a coming declared emergency.


Yes, crime is a sector of the economy -- in fact it is becoming one of the few growing sectors. As other sectors are going down, crime is increasing dramatically.

Starting in the early 1950's the first major computer study was done by computer pioneer Wasily Leontif for hire by the Rockefellers. He was given the task of tracking social conditions in relation to economic conditions in the United States.

The TICK conglomerate has orchestrated an economic situation that will foster more crime than we have now. If it is a matter of survival, people who would otherwise pursue legitimate work will turn to illegal activities, burglary and even violence to raise money.

Jobs are currently few and far between. For a large segment of the population, the main options for work are either going into the military or getting involved in the illegal drug market or worse criminal activities. That is where the incentives are.

Unfortunately, the southwest United States is becoming more and more like Mexico, which is ravaged with drug cartels and their violence and corruption.

Both the "War On Terror" and the "War On Drugs" have concentrated power in the hands of government agencies and eroded the freedom of our people, while optimizing the profits of drug traffickers.


Global Currency Reset
There is talk that the International Monetary Fund (IMF) and the Bank for International Settlements (BIS) are in the process of instituting a "Global Currency Reset", whereby their SDR's (Special Drawing Rights) or something similar will likely become the new currency of international trade, leaving national currencies to be used only in country. It is conceivable that with this plan currencies may no longer be exchanged on the Forex market.

In this scenario, a basket of top currencies backs the SDR's, and assets of each nation could back their own currency.

Some think that these institutions, with their tighter regulations on banks and the strengthening of currency fluctuations, are moving to corral the corrupt bankers.

However, far from ending the reign of the elite controllers, the IMF, BIS and SDR's are all tools of the top banksters that they have created for their purpose of consolidating the world's financial system in conjunction with a world government, all under their dominance.

A similar game to the fractional reserve banking by goldsmiths issuing scrip in excess of the gold in the vault is still going on. The banksters have been selling gold futures contracts on gold they do not possess to keep the price down, while nations, corporations and wealthy individuals accumulate as much as they can.

Most currency has been long divorced from being tied to gold, including the dollar. Gold and silver themselves are too limited in amount and too expensive for circulation as routine currency. A purely gold backed currency could cause deflation and worsen the current depression if too little were to be issued.

The currencies to be held in the backing basket for the SDR's of the Bank for International Settlements (BIS), are to be valued based on a variety of each included nation's assets. One of them could well be the labor force, which would be an incentive for a government to control workers as nearly slaves.

The workers in the new world economy are to be "dumbed down", trained to task, limited in consumption and expected to be grateful to have a means of eating and shelter. Workers as corporate property may also mean elimination of those who are unable to work enough, as well as any that create problems or resistance.

Monitoring of everyone's whereabouts, behavior and even our thoughts could be accomplished by microchips or nanobots inserted via forced vaccination or geo-engineering aerosols in conjunction with frequencies of the 5G wi-fi system.




Compound interest, inflation, income taxes, control of major resources, manipulation of the economy, biological manipulation and psychological operations, are all tools the TICK parasites use to limit the wealth and well-being of the common people, and to gain and maintain full control over the populations in the nations under their dominance.

The weakening economy and reduced production in many sectors will cause shortages, which will contribute to higher prices once inflation resumes.

It could be challenging to continue a preferred lifestyle during an inflationary depression. Will people be able to afford basic necessities? How many will afford to pay for heating their home with natural gas if prices rise again or if a carbon tax is imposed?

It may come to the point that we may think twice or even find it financially challenging to run our cars except for absolute necessity. Bicycles or community shared electric vehicles may become the common way of getting around our own area.

The worst part of the current financial crisis is not individual mortgage defaults. Commercial paper issued by hedge funds and commercial banks backed by mortgages are the major portion of what are going into default and creating the crisis.

Financial institutions had been bundling and selling their poorer securities holdings to other institutions with better balance sheets. Credit default insurance was created and marketed like an asset among the big players. Now most of those institutions are in trouble.

What the government leaders came up with is beyond a bailout. It is partly a cover-up of the disastrous policies of the poorly regulated financial industry.

Even more, it is the conglomerate moving the government toward global corporate state dictatorship.

It may not matter what the FED and the government do publicly to supposedly try to keep the economy from spiraling down out of control. It may happen anyway. That has been the plan scripted behind the scenes.

The FED should be nationalized so it is under congressional oversight. Our central bank should not be in the hands of the private bankers. They have spent billions on themselves for lavish buildings, cushy offices, limos, airplanes, travel and fine dining.

The TICK's high level criminals going back and forth through the revolving doors of financial institutions and government positions are ripping off the American people more and more. They have the government in their pockets.

The TICK is now making their move to take over the United States completely. They want to secure the U.S. assets they have confiscated through their financial maneuvers.

The TICK controls the money, and thereby the government. The TICK may be about to stake out their property using the military as security guards right here in the United States of America. The growing crime will be used to prompt the population to welcome troops into our streets.

We are losing America to the TICK conglomerate, particularly the international bankers and their lackeys. We will not have our freedom back until we throw these rip-off artists out completely.


Other Resources

Click here to learn more from Catherine Austin Fitts, economist, former Federal Housing Commissioner, former Assistant Secretary of Housing.

Click here to learn more from Paul Craig Roberts, former Assistant Secretary of the United States Treasury.

Click here to learn more from economist Michael Snyder at "The Economic Collapse Blog".

Click here to learn more from Mike "Mish" Shedlock, economist and investment advisor.

Click here to learn more from Gerald Celente of Trends Research.


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Links To Other Chapters:


What Is Going On?

The "TICK" Conspiracy

The Corporate Kingdom


Control of Energy

History of Control

TICK Plans

TICK Tricks


The Agenda


Be Prepared



Jon David Miller, M.A., M.Div.

holistic educator, social scientist, philosopher and author

About The Author


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Caring For One Another

If you are not already aware of it, this information may be shocking and a lot to consider at once. It is unlikely that all that has been mentioned in this analysis will happen, but events that will change life for all of us are more than probable. They are already happening.
Awareness and cooperation are essential for humanity to make our way out of the deep trap The Powers That Be have created for us. We must break free of the ignorance instilled by poisoning with chemicals and electromagnetic fields, and the hypnosis by distraction and fear that keeps us confused and clinging to the hope of normalcy.
It is very important to form an alliance with your close friends and relatives to help each other through difficult times. Such an alliance is the best resource for making plans to provide food, shelter and protection for yourselves.

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