Wall Street occupation continues, and is ignored by presstitutes

As the occupation of Wall Street continues, Keith Olbermann wonders why the mass media (presstitutes) ignores it.

Paid by silver, by gold or by fiat - a historical comparison

What if you had started a new job in 2001 and had been given the choice to be paid by silver, paid by gold, or paid in fiat? Let's take a look from 2001 to 2010.

This chart is comparing paid by fiat (US dollar) versus paid by silver using a raise of 3% a year. The paid by silver fiat equivalent adjustment was calculated using January historical silver price average for each year.

Year	Worker One (paid by fiat)	Worker Two (paid by silver)	Fiat Equivalent
2001	$1000	214.59 ounces	$1000
2002	$1030	221.03 ounces	$994.64
2003	$1060.90	227.66 ounces	$1095.04
2004	$1092.73	234.49 ounces	$1477.10
2005	$1125.51	241.52 ounces	$1596.45
2006	$1159.28	248.77 ounces	$2276.25
2007	$1194.06	256.23 ounces	$3289.99
2008	$1229.88	263.92 ounces	$4212.16
2009	$1266.77	271.84 ounces	$3069.07
2010	$1304.77	280 ounces	$4981.20

Note our paid by silver worker had two down years, 2002 and 2009. Note also that the paid by silver worker ends up earning almost 500% more than the "fiat" worker over 10 years. A paid by gold worker would have earned less than the paid by silver worker but paid by gold is infinitely preferable to paid by fiat.

Union leaders could actually offer up the workers at no raise, as long as the workers are paid by silver or paid by gold the raise is built in.

Income tax theft- Billionaire versus Joe Six Pack

Income tax is theft of the poor, middle class, and small business to reward the rich and large corporations. Through the use of "tax breaks" the rich and large corporations take advantages that Joe Six Pack and the small business can't, by design, qualify for. "Tax breaks" are just piles of useless paperwork to the poor, middle class, and the small business.

How is this theft by design? Consider the fictional case of the billionaire versus Joe Six Pack. Let us assume Joe earns the median American household income of $46,000 and the billionaire earns $1,000,000 a year which is about average for someone with $10 billion in assets. How can income tax treat the two fairly? Joe earns $884.62 a week before taxes while the billionaire earns $19230.77 a week.

How could anyone ever devise a way to make their tax burdens fair? It gets worse. Joe has no assets, only debt. The bank owns his house, his car, and whatever he bought on credit. The billionaire has $10 billion in assets, which if they're even remotely competent, are earning 10% a year or $1,000,000,000. If they were smart enough to buy silver, they'd be earning $8.9 billion a year (on average) for the last ten years (but I digress).

If you tax the billionaires salary at 100% it's only 1% of what the billionaire earned that year. ANY tax on Joe Six Pack is exponentially more damaging. A 10% tax on Joe is 10% of everything he earned that year. If we tax the billionaire at 10% of everything earned (as opposed to just salary) that would be more fair.

To be truly fair you would tax based on wealth. In the above example, Joe has no wealth, only salary and a debt which exceeds it. He would pay NO TAX. If we taxed the billionaire at just 5% of his wealth, that's $500,000,000. Want to guess how many of us (Joe) that it taxes to make up for this income tax gift to billionaires?

The stock market - death of 1000 cuts

Why would I compare the stock market to a slow and painful death? As we've already documented in Worldwide race to debase all paper currency, From November 2009 until now – how worthless is your cash, and Your pay was cut in the last 60 days – worldwide ponzi collapse accelerates, your purchasing power has been steadily eroded (for decades) and the process is accelerating.

This theft by devaluing currency gives the investor a false view of the stock market. Here is the graph of the New York Sock Exchange they want you to watch:

Looks like you've been making money, doesn't it? This is not accounting for the devaluation of the fiat these stocks are measured in. Let's look at the same stock exchange priced in natures economic thermostat, gold:

As you can see, the stock market has been consistently loosing value since September of 2009. Looks like what chart readers call a "head and shoulders" pattern which means a massive correction is imminent.

In case you think it's just one exchange, here's the NASDAQ and S and P:

For those of you who don't believe the worldwide ponzi collapse is worldwide, here's the CAC, the DAX, and the FTSE:

It's not just America and Europe either. Here's Canada, Hong Kong, Bombay, and Brazil.

For those of you who believe China can stop the worldwide ponzi collapse, here's Shanghai:

As you can see it is irrelevant which country, company, culture or currency. It's death by a 1000 cuts to investors in the stock market. The only way out is to protect your purchasing power before it is bled away. Buy gold and silver. As time passes, you'll be able to buy less and less until your fiat is worthless. If you still like stocks, ask yourself this:

Every chart looks identical after June of this year, does that look like a free market or central control?

Professor Dr. Cornell West - Speak the Truth

Dr. Cornel West is one person you can count on to speak the truth. I've run one of his interviews before (Obama is Wall Streets' black mascot). Some of his pearls of wisdom in this video include:

If you don’t talk about poverty, you’re not telling the truth

If you’re not talking about working people being pushed against the wall, with corporate profits high, you’re not telling the truth

If you’re not talking about the criminal activity on Wall Street and not one person gone to jail yet, you’re not telling the truth

The "niggerization" of America started on 9/11

Gold and Silver ROI in one year – just the facts

Your return on investment (ROI) for one year if you invested in gold and/or silver are displayed in the graphs below.

When some presstitute tells you gold and silver are in a bubble, simple show them the ten year charts.

Your pay was cut in the last 60 days – worldwide ponzi collapse accelerates

In our first installment of “how worthless is your cash” we learned if you are paid in fiat paper, from November 2009 until the date of the article (March 28 2011), EVERYBODY got a secret pay cut. The winners being the Australians whose purchasing power was cut by only 24%.

In todays addition we’ll look at the last 60 days. The worldwide ponzi collapse is accelerating and to see how fast all you need to watch is how quickly EVERYONE is devaluing their currency. Look at the graph below and notice the freefall after July 1 2011.
Australia

The Australians had devalued their currency less than everyone else when we last checked, ready to see the rest?

Britain

Canada

Europe

Japan

New Zealand

Switzerland

United States

Cash is trash and the process is accelerating. The longer you hold it the more worthless it becomes! Time is NOT your friend! Protect your purchasing power NOW. Buy silver (and gold). Remember every time you hear gold went up, it is really your cash going down.

(original September 8, 2011)