MooPig Tech Coroner :: "Credit Cards"

Who Pays for What Value Added?
mashed articles by Pat Darnell  |  Feb 9, 2014  |  Bryan TX

[Picture LINK]

In recent news we are seeing lots of articles about the changing situations in the Credit Card Processing industry ...

" ... But the credit card processing industry isn't going to change over night. These startups are entering into an extremely complex and entrenched space. (JOHN HEGGESTUEN. FEB. 6, 2014. LINK) ..."

In the USA alone, last year, according to Business Insider, BI guesstimate there was $4 trillion in Credit Card Processing's. We try today to answer who pays for the advertised 'value added' inducements from Credit Card Processing companies.

VISA and MasterCard don't pay directly for any value the consumer gets from using his Credit Cards. " ... They simply provide the rails that the [steam locomotive] credit card system runs on. Credit card processors like First Data that actually do the work of processing merchants' credit card transactions on the back-end are also in a strong position (ibid. Feb 6, 2014.) ..."

Credit Card Processing is a multi-faceted chain of events with a different player at each chain link. In BI referenced article there is a complete breakdown of all the links and players in the chain of events. BI also says that First Data Corp is in position to continue despite new players entering the arena. [Sorry about all the sports and train analogies.]

In November last year, Wall Street Journal, WSJ, reports that First Data Corp is going through CEO's and carrying billions in debt.

" ... First Data has run through five CEOs in about as many years. The latest is Frank Bisignano, former co-chief operating officer of J.P. Morgan Chase. Mr. Bisignano has been in charge since, oh, April 28. He'll make $1.5 million a year in salary, millions more in guaranteed incentive payments, and stands to receive at least $9.5 million in severance if he's fired (AL LEWIS. Nov. 30, 2013. LINK) ..."

In finance terms of endearment: "... First Data Corp. is drowning in about $23 billion in debt, paying credit-card-type interest as high as 11.75% at a time when the yield on a 10-year Treasury note is 2.7% (ibid. Nov 30, 2013)..." It means they are paying out 9.05% more on their end of Credit Card Processing. How long that lasts depends on the Federal Reserve actions.

"... Then came Kohlberg Kravis Roberts, the storied private-equity firm. It bought First Data for $29 billion in late 2007 and loaded it up with debt. Now First Data posts enormous losses each year (ibid. Nov 30, 2013)..."

What values to using Credit Cards is added to your transactions, you might ask? Convenience of not having to carry lots of cash around, management of expenditures for business logging, and sometimes they offer points for future expenditures, are some of the inducements that are advertised. The rationale is that if you pay the total amount of your balance each month on time, and start each month with a balance of zero, there will be no interest added by the Credit Cards.

So why all the wise ass discussion about this mega business? It is because the USA runs on this transaction method in earnest. The Credit Card Processor, First Data Corp, was profitable until the buyout and now it is leaking billions in debt. We try to understand this weird nature of mega industry, with its propensity to load up a profitable business with debt, but alas we are not in the Board Rooms behind closed doors where Directors cook up these zany policies.

CONCLUSION
We try to find who pays for the Credit Card inducements, and find a chain of players in the Credit Card Processing industry. And it is a very large industry in the USA alone. We have only scratched the shell of the egg that has a debt-full-yolk in a dubious financial market.

It will be interesting however to see what inducements new players bring to the Credit Card Processing industry to attract users. As is usual, we think in the final analysis, the consumer pays for the value added to Credit Card use.


_______________________Reference
http://moopigwisdom.blogspot.com/2014/02/moopig-tech-coroner-end-of-swipe-and.html
http://www.businessinsider.com/credit-card-payments-market-competition-2-2014-1?utm_source=House&utm_term=RR&utm_campaign=RR
http://www.reddit.com/r/explainlikeimfive/comments/1xfvy7/eli5_what_happens_to_a_persons_creddit_card_debt/
https://www.firstdata.com/en_us/about-first-data.html
https://www.firstdata.com/en_us/home.html
http://online.wsj.com/news/articles/SB10001424052702304747004579223903871386892
http://quotes.wsj.com/KKR

MooPig Tech Coroner :: "End of Swipe and Sign"

Credit Cards' Liability is Migrated to the User
Mashed and mangled articles by Pat Darnell  |  Feb 7, 2014  |  Bryan TX

[Picture LINK]

We love to point out technology lost as the Internet absorbs systems, and we become more and more dependent on electronic transactions.

October 2015: The End of the Swipe-and-Sign Credit Card - Corporate Intelligence - WSJ: "The recent large-scale theft of credit card data from retailers including Target and Neiman Marcus brought the issue more mainstream attention, leading to a Senate Judiciary Committee hearing this week. Executives told the senators that once the country transitions to the new system — which includes credit cards embedded with a microchip containing security data — these kind of hacking attacks will be much more difficult to pull off."

'via Blog this'

Much of the rest of the world switched to chip and PIN cards years ago. Why has it taken the U.S. so much longer?

The article explains that swipe and sign systems do not require instantaneous communication with the credit card company. It can operate "offline." However, swipe and sign is not as secure as the new EMV system, or 'chip and PIN' system. Thus, enter fraudsters into the US who look for "path of least resistance." October 2015 is the date set by major credit cards for the changeover.

Also, there is mention of the Durbin Amendment applying to credit card transactions. " ... Swipe fees are paid to banks by merchants for the privilege of accepting payment cards. Merchants and card-issuing banks have long fought over these fees. Merchants lobbied heavily for a rule to limit debit card swipe fees. They accomplished this when the Durbin Amendment passeed with the Dodd-Frank financial reform legislation. This was considered a major loss for banks, who receive billions of dollars a year in income from swipe fees. (Y ikki peed ya) ... "

They are fighting over pennies, folks. Yes, the almighty Federal Reserve wants to charge back to merchants the cost of credit card fraud.

" ... The rule that the Federal Reserve issued went into effect on 1 October 2012 and allowed non-exempt card issuers to charge a one-cent fraud prevention fee to merchants in addition to another 0.7 percent for fraud prevention already included in the interchange fee. (ibid.)

Merchants fought back:

" ... The Merchant Payments Coalition (MPC) argued that this rule was unfair as the Durbin Amendment required the Federal Reserve to ensure that banks take effective steps against fraud and determine how much of the cost banks should bear themselves. The MPC said that banks should actually have to reduce fraud before receiving more funds. The MPC pointed out that the common practice of having customers merely signing for debit card purchases processed through the Visa and MasterCard payment networks instead of requiring a PIN greatly increases fraud. (ibid.) ..."

Thus, we will have the 'chip and PIN' credit cards next year.
*
*
*
BUT WAIT ... ! Banks say: "EMV is infallible." So when your card is jacked with its chip and PIN technology, and used to buy cruise tickets and poker hands, you don't get your lost money back from the banks. You are up a creek without a paddle.

What does "EMV" stand for? It is an acronym for "Europay, MasterCard, Visa." EMV has been used in almost all countries but USA for decades now. And it is a failure, in that in other countries cards have been jacked and used even though the banks claim EMV is infallible.

So, maybe it is time to go back to putting your hard-fought, after-tax, cash into your mattresses. Cash basis for all your transactions could mean difference in surviving all the Tech Coroners coming your way.

________________________Reference
http://blogs.wsj.com/corporate-intelligence/2014/02/06/october-2015-the-end-of-the-swipe-and-sign-credit-card/
http://en.wikipedia.org/wiki/Durbin_Amendment

1. ^ Jump up to:^a b c Ylan Q. MuI (21 August 2013). "Fed slated to outline plans for cap on debit card 'swipe' fees". Washington Post

http://www.cl.cam.ac.uk/~sjm217/papers/oakland10chipbroken.pdf

http://consumerist.com/2014/02/04/massive-data-breaches-could-lead-to-americans-finally-getting-smarter-credit-cards/

http://youtu.be/szgwaYajKHA

http://business.time.com/2014/01/23/the-stripe-on-your-dedit-card-is-a-massive-achilles-heel/

http://www.ntctexas.com/credit-card-processing-blog/?Tag=near%20field%20communication

MooPig Narcissus Department :: "Who Would Win in a Cage Match #2.1"

Submitted by Pat Darnell  |  June 29, 2013  |  Bryan TX

Ben Bernanke 

-- vs --

Joseph Stalin

Faced with international crisis management decisions, both these narcissistic, poisonous, bunch-back'd toads will have been responsible for making policies that kill millions of people worldwide.


What might they do faced with one-on-one survival in the octagon cage of today? I would like to see this one, if only.


Joseph Stalin Biography - Facts, Birthday, Life Story - Biography.com: "Born on December 18, 1879, in Gori, Georgia, Joseph Stalin rose to power as General Secretary of the Communist Party, becoming a Soviet dictator upon Vladimir Lenin's death. Stalin forced rapid industrialization and the collectivization of agricultural land, resulting in millions dying from famine while others were sent to camps. His Red Army helped defeat Nazi Germany during WWII."

'via Blog this'

But what exactly does the Fed do? Chairman Bernanke explains what the Fed actually does and explains his job too.

The Federal Reserve System, often referred to as the Federal Reserve or simply "the Fed," is the central bank of the United States. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Federal Reserve was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law.

MooPig Wisdom reserves the right to not be responsible for irony of this subject. Cage Match is an invention of Pribek.net HERE, titled: Friday Night Cage Match/ Fondue Party/ Evolving Conversation/ Dancing About Architecture/

___________________Reference
http://www.biography.com/people/joseph-stalin-9491723
http://www.forextv.com/forex-news-story/ben-bernanke-video-what-is-the-federal-reserve
http://pribek.net/2013/01/18/friday-night-cage-matchfondue-partyevolving-conversationdancing-about-architecture-vol-150/

MooPig Financial Trends :: "Bank Subsidies"

Government Cheese
Re-fashioned by Pat Darnell | June 29, 2013 | Bryan TX

"This is a clear case of socialism for the rich, -- and rugged, you're-on-your-own individualism for everyone else." (Bernie Sanders)  [Picture/MEME from faceBook]

Why Should Taxpayers Give Big Banks $83 Billion a Year? - Bloomberg: "So what if we told you that, by our calculations, the largest U.S. banks aren't really profitable at all? What if the billions of dollars they allegedly earn for their shareholders were almost entirely a gift from U.S. taxpayers?"

'via Blog this'

On television, in interviews and in meetings with investors, executives of the biggest U.S. banks -- notably JPMorgan Chase and Co. Chief Executive Jamie Dimon -- make the case that size is a competitive advantage. It helps them lower costs and vie for customers on an international scale. Limiting it, they warn, would impair profitability and weaken the country’s position in global finance.

In June 2011 Bernie Sanders and crew audited for the first time ever "from top to bottom" the Federal Reserve. It revealed that $16 trillion was provided by American banks, during the greatest economic failure since the Great Depression. The trillions were used to bail out "American and foreign, banks and businesses.

" ... Among the investigation's key findings is that the Fed unilaterally provided trillions of dollars in financial assistance to foreign banks and corporations from South Korea to Scotland, according to the GAO report. "No agency of the United States government should be allowed to bailout a foreign bank or corporation without the direct approval of Congress and the president," Sanders said. (Sanders, Bernie. June 21, 2011. LINK ) ... "

In Senator Sander's report from his web site it is implied that no one knows what the Federal Reserve System is, or how it does what it does; except for those employed by it. Those few executive yes men and women sitting at CEO positions at FRBNY, Federal Reserve Bank New York, and others are privy to secret information known only to the owners of the Federal Reserve Banks. Central Banks of Europe are included in this banking cartel.

For example:

"...the CEO of JP Morgan Chase served on the New York Fed's board of directors at the same time that his bank received more than $390 billion in financial assistance from the Fed. Moreover, JP Morgan Chase served as one of the clearing banks for the Fed's emergency lending programs. (Sanders, Bernie. June 21, 2011. LINK ) ... "

CONCLUSION
If the Federal Reserve Bank were a mouth, it would be chock full of cavities. Deep, dark, secret caves exist in our financial system.

"Neither bank executives nor shareholders have much incentive to change the situation. On the contrary, the financial industry spends hundreds of millions of dollars every election cycle on campaign donations and lobbying, much of which is aimed at maintaining the subsidy. The result is a bloated financial sector and recurring credit gluts. Left unchecked, the superbanks could ultimately require bailouts that exceed the government’s resources. Picture a meltdown in which the Treasury is helpless to step in as it did in 2008 and 2009. (By the Editors. Feb 20, 2013. LINK and LINK) ... "

NEXT WEEK ::  The Federal Reserve Act of 1913 is scheduled to expire at midnight December 31, 2013. It's renewal needs to be stopped.

__________________Reference
http://www.bloomberg.com/news/2013-02-20/why-should-taxpayers-give-big-banks-83-billion-a-year-.html
http://www.sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3
http://www.sanders.senate.gov/imo/media/doc/GAO%20Fed%20Investigation.pdf
http://www.opensecrets.org/industries/index.php

A New Fed Thought for 'Too Big to Fail' Banks: Shrink Them - NYTimes.com

[Picture LINK]

A New Fed Thought for 'Too Big to Fail' Banks: Shrink Them - NYTimes.com: "Mr. Tarullo said much had been done to make the financial system safer, through the two main overhauls that came after the crisis. Those are the Dodd-Frank Act, passed by Congress in 2010, and the internationally agreed bank regulations known as Basel III.

In particular, these initiatives have made banks hold more capital, a part of a bank’s balance sheet that can serve as a buffer against losses. Before the crash of 2008, banks had insufficient capital, which stoked the fears that swept the global financial system. Taxpayers had to step in and provide new capital as part of efforts to restore confidence.

Still, Mr. Tarullo sees remaining areas of concern. He focused on the markets where Wall Street banks borrow huge sums of money for short periods. They use their borrowings in these so-called wholesale markets to then buy assets. But in times of stress, like 2008, these markets can dry up. Deprived of their lifeblood, banks rush to sell off the assets they bought with their wholesale borrowings, which can set off a wider collapse."

'via Blog this'

Don't you just love how money loving fools dick around with terminology? Wholesale, periods, assets, insufficient capital, comptrollers, global financial systems ... on and on. This week, beginning of May, at MooPig Financial Trends Department we are featuring a round of New York Times articles dealing with "Post Collapse" banking duct taping.

Yawn.

We get it, you can't even spell "punitive interest..." but for certain we must try to sort this out. Other wise we are seeing the collapse of the American Empire as we know it. We "must" get past these frustrated academicians who think money is science.

Can anyone say for certain just how bad it really is? Commentators must admit that they say confusing things on purpose, just to keep the status of banking worldwide the way it is... meant for only persons at the top.

__________________Reference
http://dealbook.nytimes.com/2013/05/03/fed-governor-pushes-for-measure-aimed-at-strengthening-large-banks/?src=recg
http://dealbook.nytimes.com/2013/05/01/in-brown-vitter-bill-a-banking-overhaul-with-possible-teeth/?src=recg
http://www.nytimes.com/2013/05/02/opinion/preying-on-pensioners.html?src=recg
http://www.nytimes.com/2013/05/03/opinion/need-for-payday-loans.html?src=recg
http://dealbook.nytimes.com/2013/05/03/scrutiny-falls-on-a-pioneer-at-jpmorgan/?src=recg
http://dealbook.nytimes.com/2013/05/02/jpmorgan-caught-in-swirl-of-regulatory-woes/
http://dealbook.nytimes.com/2013/05/03/jpmorgan-board-feels-heat-from-upset-shareholders/?ref=business
http://www.knowyourbank.com/blogs/too-big-to-fail/

MooPig Hegelian Dialectic Department :: "Rothschild's Solution" PART TWO

Children Telling the Truth Never gets Old
Corroborated by Pat Darnell | APR 5, 2013 | Bryan TX

HOPE!!!: BRILLIANT 12 YEAR OLD GIRL EXPOSES THE FRAUDULENT ROTHSCHILD BANKING SYSTEM [VIDEO] – Secrets of the Fed:

  'via Blog this'

TRANSCRIPT
" ... economists around the world is struggling to break free of the clutches 0:04of the financial crisis box a twelve-year-old canadian 0:08knitters what needs to be done 0:09the story grown took the internet by storm in the myself to video open 0:14slamming calibers bangs for robbing the people 0:17when viral 0:20brought this about a half of the bulge dato 0:23have credited financially and save the people of color line 0:29liability let's let me just like that 0:33or are you 0:34but im actually gave you a minor 0:36necropsy i had come here acting as a fact that money out of 0:41budget proposal not loss 0:44all the 0:44probably are pulling 0:47that we have enough problems are not part of our courses start dot com 0:50support at all 0:52will lead you to stop this current 0:57well we've got internet since issue between grant in her mother masi grant 1:01on the line from canada right now 1:03so the drug what sort of your speech is quite long so can you just very briefly 1:07tell us what's being bothering u about canada's banking system 1:14um... well it's been not a meeting is that 1:17our government has been borrowing money from private banks and putting us into 1:22that 1:23and they're not doing anything about that cell 1:26they're just standing by and watching the private banks make us think on 1:30cutting contracts 1:32don't clearly understand what's happening there in your country do they 1:34need solutions for the world's economic problems 1:41my solution is that 1:43let me stop buying from private banks and we start buying from the bank of 1:47canada i with my daughter knowing chest 1:50worawut but ok now you'll just twelve years old what do you think you 1:54understand what's wrong with the economy that you have the answer in world 1:57leaders don't 2:02camping researching and watching documentaries and 2:05uh... like reading bucks and it's not that hard to understand when c start 2:11researching 2:12and uh... 2:14right let me as they probably 2:16now what's happening is just they're just they're not doing anything about it 2:20why not t_v_ why do they care 2:25uh... i think they don't care because they're benefiting from what they're 2:29doing fine 2:31all right now i know you mum city makes you must yet how do you feel about your 2:34daughter becoming an internet sensation and not even talking to global news 2:37channels liability 2:41biased and um... it's been quite exciting we never knew in this project 2:45started what would happen with this region actually dream of this would 2:48happen but it's exciting at six a_m_ ever getting people talking 2:52and doing their own research and whether they agree or disagree there at least 2:56and listening and um... exploring 3:00well at the door at as a similarly i saw your presentation it was very impressive 3:04uh... i suppose a lot of people ask you this question did you really come up 3:07with the bullies ideas yourself 3:13and my dad had been watching documentaries cell i'd be taking alex 3:17and then let you know i clean rate down and then 3:20we put it into my speech 3:22so this is a lonely disguising operating so you've been discussing this 3:26with your dad 3:28and clearly is something that is really taking 3:31your interest by storm and i i do you feel that you you definitely have a 3:34message 3:35to to tell not just people of your generation of your age but but the whole 3:39of the world from what your understanding now 3:45alright not dozens of course people around the world but with we've seen you 3:49explaining what's wrong with uh... what about you yourself yet your mum's 3:54oversee pretty excited bout of this but what about the attention on you know 3:59dance families a man 4:02i like that so many people i like it because they king that information on on 4:06what's happening and making chan tell other people about it 4:10but some people your age my say economics financial boring isn't it 4:17you have probably a big but what you say to them is actually important for our 4:21lives 4:25markets and playing the has 4:28it's something really bad happenings senile light 4:31week a bit 4:32go well at online living like just like one meal a day and if this keeps getting 4:36worse 4:38what about them when you grow up 4:40what your ambitions to you 4:42one of the economist you would be at the prime minister 4:48well i want to be acting changes nine ac 4:51bag i'm definitely going to keep studying on monetary reform 4:57seated at the interior designers say your creative as well as sir 5:00having a financial mind as well 5:03well we wish you the best of luck in your career 5:05thank you very much indeed victoria graham and also a mother masi agron 5:09joining us live there in canada thank you ... "


 ______________________Reference
http://www.secretsofthefed.com/hope-brilliant-12-year-old-girl-exposes-the-fraudulent-rothschild-banking-system-video/

MooPig Re-Run :: Prepare for the AUDIT of all Audits that would make even a Scientologist Fall like a Cold Cock

Archive re-do by Pat Darnell  |  Mar 9, 2013  |  Bryan TX

MooPig Editors from time to time look in the archives of MooPig Wisdom. Believe you me, they know their limitations as to being nothing more than satire on a stick. But many a true word is said in jest. Eh? Our editors think this story needs a re-look.

In 2011, Ron Paul tried his best to alert the nation to its destiny under the hostile and crabbed rule of privately owned Federal Reserve. The audit? Nothing was ever done, so now we face in 2013 consequences too vast for common persons to fathom.


MooPig Wisdom: Prepare for the AUDIT of all Audits that would make even a Scientologist Fall like a Cold Cock:

Will Now Ron Paul Step Up?
Retrieved by Pat Darnell  |  November 30, 2009 | 02:52 PM EST [HERE] -- and -- [Read Entire Article HERE] ... great article it clearly outlines the two pillars of Bernake's argument against Ron Paul's long term assault on the fed:
a) banking independence. - this is a red herring as the constitution placed fiscal control squarely in the hands of congress, and forbade them from giving any of their powers away. Also, our government is based on the idea that the only way to prevent corruption and tyranny is to have checks and balances.

b) public and market confidence in Fed control of the market. - it is fed control of the market that caused this crash. the sub prime loans were leveraged against the idea that the fed would act responsibly and raise interest rates at the first sign of the housing bubble slipping. this would give owners the opportunity to refinance for fixed rate mortgages. (yes it was stupid to bet on a future possibility) but instead the Fed lowered the rates further in an attempt to expand the bubble further. Thus defeating the fiscal plans of mortgage brokers and initiating the crisis. (then of course there were a host of other issues that compounded the problem)

$ Note: When the interest rate of  lender Bank is higher from previous dealings, than for dealings he is into now, he cannot get return on investment ... so the Fed messes around with interest rates, money supply quantity, and devaluation of the dollar.

... and then the fed takes the TARP money and refuses to acknowledge where it went.

... and then they, on their own, printed up an additional trillion dollars in between TARP and the Recovery Act, further devaluing the dollar.

... had they been required to submit to oversight.. how would this history have been written?

***

January 26, 2011 [SOURCE] The Federal Reserve is the chief culprit behind the economic crisis. Its unchecked power to create endless amounts of money out of thin air brought us the boom and bust cycle and causes one financial bubble after another.

Since the Fed’s creation in 1913, signed into law by his Royal Moronic-self: Woodrow Wilson, the dollar has lost more than 96% of its value, and by recklessly inflating the money supply the Fed continues to distort interest rates and intentionally erodes the value of the dollar. 

This year, Audit the Fed is back with a vengeance. Reintroduced on 01/26/2011 as HR 459, Ron Paul’s bill to audit the Federal Reserve now has 81 co-sponsors, and the numbers keep growing! HR 459′s companion bill in the Senate, S 202, has already attracted 2 co-sponsors.

***

'via Blog this'


________________________Reference
http://moopigwisdom.blogspot.com/2011/03/prepare-for-audit-of-all-audits-that.html
http://millercenter.org/president/events/12_23
http://www.moneynews.com/MKTNews/billionaires-dump-economist-stock/2012/08/29/id/450265?PROMO_CODE=110D8-1&utm_source=taboola
http://www.moneynews.com/Outbrain/interview-exposes-stocks-collapse/2012/09/20/id/456981?PROMO_CODE=109C0-1#v1&utm_source=taboola
http://www.americanbankingnews.com/2009/11/30/ben-bernanke-fears-ron-pauls-audit-above-all-else/

MooPig 12 Days of Doom Prep :: DAY Twelve "Eve of the end of the world as we know it ..."

Rock ~ Paper ~ Scissors ~ [...] ~ Truth 
by Pat Darnell  |  Dec 20, 2012  |  Bryan TX

[Picture LINK]

Let's begin where we left off: it begs repeating --

" ... The 2012 Mayan Prophecy has been readily distorted and misunderstood. The End of the Mayan Calendar on December 21, 2012 has nothing to do with the “End of the World”.

In fact, the Mayan calendar does not end on December 21st, 2012. Rather December 21 marks the beginning of a new “Long Cycle” in the Mayan calendar system. (See Washington’s Blog, End of the World: Hear the 2012 Prophecy … Direct from the Mouths of the Mayan Priests, Global Research, December 13, 2012)

The End of the World concept is a falsehood and misinterpretation of Mayan thought. What is at stake is a renewal, the unfolding of a new era. For the Mayans, December 21, 2012 marks the beginning of a new long cycle (Ibid).

Meanwhile, “End of the World” stories and commentary are plastered on the news tabloids. While the Western media readily refutes the Mayan prophesy, the apocalypse narrative, when repeated ad nausea  serves as a distraction and distortion. ( Prof Michel Chossudovsky. Global Research, December 19, 2012. HERE) ... "

Ten percent of the world's population believe that “The Mayan calendar, which some say ‘ends’ in 2012, marks the end of the world”. That is about 700 million persons. Now shall we add some metaphorical stuff?

ROCK ~ Media Disinformation

PAPER ~ Economic Medicine

SCISSORS ~ Criminalization of the Banking System

Yes, folks, it is all a game.

• Scissors cuts paper
• Paper covers rock
• Rock crushes lizard
• Lizard poisons Spock
• Spock smashes scissors
• Scissors decapitates lizard
• Lizard eats paper
• Paper disproves Spock
• Spock vaporizes rock
• and, as it always has, rock crushes scissors

TRUTH ~ The Government has no solutions to problems. All they know how to do is to 'spend money.' The quantity of money is controlled by a banking cartel, the Federal Reserve, which is neither Federal nor a Reserve, but a privately owned bank, by bunch of greedy bastards.

" ... [T]he FOMC decided to extend its asset purchases in 2013 as Operation Twist expires. Get Ready For QE4: Fed To Buy $870B More Through 2013, Barclays Says.

The Fed will therefore accelerate its rate of balance sheet expansion, easing monetary conditions further. While Operation Twist had been sterilized, which means the Fed sold assets at the same rate as it was gobbling them up, the new program will consist purely of Treasury purchases. Combined with QE3, the Fed will be taking $85 billion in bonds, both Treasuries and MBS, out of the market. The FOMC also decided to begin rolling over its maturing Treasuries as of January. (Agustino Fontevecchia, Forbes Staff. 12/12/2012. HERE)... "

Go ahead bang your fists into your hands... then slap yourself in the forehead ... gobbled up T-bills at same rate as selling T-bills ... as a balance sheet monetary 'easing?'

After all, it turns out, the 700 million believers are right. It is the end of the world as we have known it.


_____________________________Reference
http://www.globalresearch.ca/the-mayan-2012-prophecy-the-end-of-the-world-is-man-made-orwellian-doomsday-made-in-america/5316231?utm_source=rss&utm_medium=rss&utm_campaign=the-mayan-2012-prophecy-the-end-of-the-world-is-man-made-orwellian-doomsday-made-in-america
http://www.funnyjunk.com/funny_pictures/3504331/Rock+paper+scissors+lizard+spock/
http://www.theinnoplex.com/news/newssub/the-mayan-2012-prophecy-the-end-of-the-world-is-man-made-orwellian-doomsday-made-in-america
http://www.globalresearch.ca/end-of-the-world-hear-the-2012-prophecy-direct-from-the-mouths-of-the-mayan-priests/5314814
http://www.forbes.com/sites/afontevecchia/2012/12/12/qe4-is-here-bernanke-delivers-85b-a-month-until-unemployment-falls-below-6-5/

MooPig 12 Days of Doom Prep :: DAY Ten "Fascism"

Sadly, historical amnesia is the norm in the world today.
Retrieved by Pat Darnell | Dec 19, 2012 | Bryan TX

[Picture LINK]
Fascism seems to grow in popularity when one faction of a society is losing its grip on power and money. How much power and how much money is required for unrequited fascists to make their move is unknown.

In these expressions below is a constant reminder of 'Ruling Elite.' As far as MooPig Doomsday Department Analysts can figure, that ruling elite today refers to the Banking Cartel. You see, Timmy, when you try to do something, you must ask for money to do it. Yes, everyone asks the bank to give it some money, everywhere. And, being that the Federal Reserve Bank is privately owned since Woodrow Wilson Days, the BANK is into everyone's business. Their hands are in your mortgages and in your company dealings, in your child's education and in your welfare. This is not rocket science; this is money changers.

" ... In the spring of 2003, ex-corporate executive and political scientist Lawrence W. Britt published an essay in Free Inquiry magazine entitled “Fascism Anyone?” (MARCH 24, 2012. BY: GREGORY PATIN. HERE) ...  He [Britt] identified 14 characteristics that were common to all of them. These traits have since been widely accepted as the 14 defining characteristics of fascism. ... "

1. Powerful and continuing expressions of nationalism. From the prominent displays of flags and bunting to the ubiquitous lapel pins, the fervor to show patriotic nationalism, both on the part of the regime itself and of citizens caught up in its frenzy, was always obvious. Catchy slogans, pride in the military, and demands for unity were common themes in expressing this nationalism. It was usually coupled with a suspicion of things foreign that often bordered on xenophobia.

2. Disdain for the importance of human rights. The regimes themselves viewed human rights as of little value and a hindrance to realizing the objectives of the ruling elite. Through clever use of propaganda, the population was brought to accept these human rights abuses by marginalizing, even demonizing, those being targeted. When abuse was egregious, the tactic was to use secrecy, denial, and disinformation.

3. Identification of enemies/scapegoats as a unifying cause. The most significant common thread among these regimes was the use of scapegoating as a means to divert the people’s attention from other problems, to shift blame for failures, and to channel frustration in controlled directions. The methods of choice—relentless propaganda and disinformation—were usually effective. Often the regimes would incite ‘spontaneous’ acts against the target scapegoats, usually communists, socialists, liberals, Jews, ethnic and racial minorities, traditional national enemies, members of other religions, secularists, homosexuals, and ‘terrorists.’ Active opponents of these regimes were inevitably labeled as terrorists and dealt with accordingly.

4. The supremacy of the military/avid militarism. Ruling elites always identified closely with the military and the industrial infrastructure that supported it. A disproportionate share of national resources was allocated to the military, even when domestic needs were acute. The military was seen as an expression of nationalism, and was used whenever possible to assert national goals, intimidate other nations, and increase the power and prestige of the ruling elite.

5. Rampant sexism. Beyond the simple fact that the political elite and the national culture were male-dominated, these regimes inevitably viewed women as second-class citizens. They were adamantly anti-abortion and also homophobic. These attitudes were usually codified in Draconian laws that enjoyed strong support by the orthodox religion of the country, thus lending the regime cover for its abuses.

6. A controlled mass media. Under some of the regimes, the mass media were under strict direct control and could be relied upon never to stray from the party line. Other regimes exercised more subtle power to ensure media orthodoxy. Methods included the control of licensing and access to resources, economic pressure, appeals to patriotism, and implied threats. The leaders of the mass media were often politically compatible with the power elite. The result was usually success in keeping the general public unaware of the regimes’ excesses.

7. Obsession with national security. Inevitably, a national security apparatus was under direct control of the ruling elite. It was usually an instrument of oppression, operating in secret and beyond any constraints. Its actions were justified under the rubric of protecting ‘national security,’ and questioning its activities was portrayed as unpatriotic or even treasonous.

8. Religion and ruling elite tied together. Unlike communist regimes, the fascist and proto-fascist regimes were never proclaimed as godless by their opponents. In fact, most of the regimes attached themselves to the predominant religion of the country and chose to portray themselves as militant defenders of that religion. The fact that the ruling elite’s behavior was incompatible with the precepts of the religion was generally swept under the rug. Propaganda kept up the illusion that the ruling elites were defenders of the faith and opponents of the ‘godless.’ A perception was manufactured that opposing the power elite was tantamount to an attack on religion.

9. Power of corporations protected. Although the personal life of ordinary citizens was under strict control, the ability of large corporations to operate in relative freedom was not compromised. The ruling elite saw the corporate structure as a way to not only ensure military production (in developed states), but also as an additional means of social control. Members of the economic elite were often pampered by the political elite to ensure a continued mutuality of interests, especially in the repression of ‘have-not’ citizens.

10. Power of labor suppressed or eliminated. Since organized labor was seen as the one power center that could challenge the political hegemony of the ruling elite and its corporate allies, it was inevitably crushed or made powerless. The poor formed an underclass, viewed with suspicion or outright contempt. Under some regimes, being poor was considered akin to a vice.

11. Disdain and suppression of intellectuals and the arts. Intellectuals and the inherent freedom of ideas and expression associated with them were anathema to these regimes. Intellectual and academic freedom were considered subversive to national security and the patriotic ideal. Universities were tightly controlled; politically unreliable faculty harassed or eliminated. Unorthodox ideas or expressions of dissent were strongly attacked, silenced, or crushed. To these regimes, art and literature should serve the national interest or they had no right to exist.

12. Obsession with crime and punishment. Most of these regimes maintained Draconian systems of criminal justice with huge prison populations. The police were often glorified and had almost unchecked power, leading to rampant abuse. “Normal” and political crime were often merged into trumped-up criminal charges and sometimes used against political opponents of the regime. Fear, and hatred, of criminals or “traitors” was often promoted among the population as an excuse for more police power.

13. Rampant cronyism and corruption. Those in business circles and close to the power elite often used their position to enrich themselves. This corruption worked both ways; the power elite would receive financial gifts and property from the economic elite, who in turn would gain the benefit of government favoritism. Members of the power elite were in a position to obtain vast wealth from other sources as well: for example, by stealing national resources. With the national security apparatus under control and the media muzzled, this corruption was largely unconstrained and not well understood by the general population.

14. Fraudulent elections. Elections in the form of plebiscites or public opinion polls were usually bogus. When actual elections with candidates were held, they would usually be perverted by the power elite to get the desired result. Common methods included maintaining control of the election machinery, intimidating and disenfranchising opposition voters, destroying or disallowing legal votes, and, as a last resort, turning to a judiciary beholden to the power elite.

Now, isn't this awkward? I see our blessed country in the throes of Fascsim; do you?

[Picture LINK] "Fascism should more properly be called corporatism since it is the merger of state and corporate power." Benito Mussolini


_______________________________Reference
http://www.examiner.com/article/14-defining-characteristics-of-fascism-the-u-s-2012
http://www.hermes-press.com/fascist_capitalism.htm

MooPig's Tribal Supremacists Department :: American Anthropology

MooPig Redefining the Cliche

Snagged by Pat Darnell  |  Nov 10, 2012  |  Bryan TX

http://youtu.be/-IpVX5Y5KyQ

In aftermath, following the 2012 Elections, we look at the guys who say "I never get into politics." Those are the guys and gals who actually do the most harm with their own special flawed personal politics... they think they act outside some box, while in fact they are the most deluded within the boxes.

You know who I am talking about. Business men always try to seem impartial, and neutral while doing business in public, but if you get into their heads, they are different. Yes, they display all sorts of neurosis, prejudices, delusions, and worst of all bigotry.

When I see an Internet posting like this youTube, I get the creepy feeling that I am witnessing the worst of flawed politics. If there were facts involved I could make a better distinction, but it looks as if both sides of this argument are bombastic cowards.

This is the first time I heard the term Ziocracy... with all the zio-media, zio-Fed, and so on. Remember, in that Tom Berenger movie, Betrayed, the main character was fighting ZOG... Zionist Occupied Government. That was from 1988, when all the shit hit the fan about the oil supplies.

Boom bust cycles in the USA economy were most felt in 1973, and 1984. In Japan, though they began their endless recession at that time... and are probably in denial about their full blown depression for the last 25 years.

Back then we tried to put in rules that would soften the bust cycles in the future... But has it? I say the countries that are totally dependent on imported energy are the boondoggles. Those allies are the ones yanking our chain. They whine about being without resources, and are hit on every purchase of material they have to import: everything from wood to make pallets to oil to make energy.

The USA has had its share of natural disasters. Over there, the Japanese have failed due to natural disasters' making a soup of its Nuclear facility. The only thing saving the Nipponese is their abilities to do with very little, and get by. Austerity is part of their 'low tech' defense system -- austerity that Americans could never adapt to.

"I create nothing; I own it..." says the blogRadio intro. So if our shadow government is Ziocracy, Chinese-ocracy, Bank Cartel-ocracy, Fascist Organized,  ... whatever ... our best hope for future truth is still the Internet.

Listen to internet radio with The Truth Militia on Blog Talk Radio

Conclusion:
I find it difficult to make a list of the facts that have ruined life for the majority of Americans, but to blame the situation of record on Zionist clowns who have difficulty getting along with each other, is absurd. The Internet won the election for Barry Obama '12 ... that is the truth.

___________________Reference
http://encyclopedia.jrank.org/articles/pages/910/Betrayed-1988.html
http://www.blogtalkradio.com/the-truth-militia/2012/11/05/a-jewish-culture-christ-insanity-sandys-aftermath
http://www.blogtalkradio.com/the-truth-militia
http://moopigwisdom.blogspot.com/2012/09/moopig-site-review-alex-jones-jewish.html

MooPig Economic Crisis Department :: "Filling Geithner's (Small) Shoes"

Retrieved by Pat Darnell  |  Oct 22, 2012  |  Bryan TX  | Thanks to Pribek.net

[Picture LINK] ...Timmy Geithner Knows Diddly-Squat...

Our Economic Crisis is years -- no, decades -- in the making. Propaganda has been spewed about a "strong dollar" ... "trade partners" ... "why the costs of gold and silver rose..." and what does all the talk bring us?

For answers you have to research Tim Geithner's regime as Treasury Secretary. Ho-hum... boring... it's not about kittens and teenagers. No; it's more like a story about "if you can't screw it, or throw money at it, it isn't worth anything..." rhetoric.

Here's how that rhetoric goes:

" ... Unbowed by the dollar's recent weakness — it hit its lowest level since August 2008 Tuesday -- or record-setting gold and silver prices, Geithner reiterated a now familiar theme among policymakers: The dollar's strength during the "darkest moments" of the crisis is "very encouraging," he said, and shows investors "retain fundamental confidence in the ability of the U.S. to manage" its long-term budget issues. (Cohen, Dave. 04/27/2011. HERE) ... "

 Filling Geithner's (Small) Shoes: "In an economic crisis, the treasury secretary (tied with the Fed chairman) becomes the most important domestic public official after the president. Two huge and interconnected issues will face the next secretary: what to do about the still dysfunctional and largely unreformed banking system; and how to deal with the elite clamor for deficit reduction uber alles." (Robert Kuttner: 09/23/2012. HERE)

'via Blog this'


Timothy Geithner has said that he'll step down as Treasury Secretary at the end of Obama's first term. Assuming that Mitt Romney keeps self-destructing and Obama wins a second term, who should succeed him?

" ... Here are some people who might be taken seriously. I hope my comments don't spoil it for the relative good guys...

• Erskine Bowles.
• Jack Lew.
• Larry Fink
• Lael Brainard.
• Gene Sperling.
• Michael Barr.
• Laura Tyson.
• Daniel Tarullo.
• Gary Gensler.
• Ben Bernanke.
• Janet Yellen.
• Sheila Bair.
• Martin Gruenberg.
• Sarah Bloom Raskin.
• Barney Frank,
• James Galbraith,
• Damon Silvers
• Joseph Stiglitz, Brooksley Born, Phil Angelides.

" ... Heh-heh-heh-heh-heh. This is a key appointment, folks. Should not be left to the usual suspects. Progressive community should be paying attention, big time. (Robert Kuttner: 09/23/2012. HERE) ..."


_____________________Reference
http://www.huffingtonpost.com/robert-kuttner/filling-geithners-small-s_b_1908111.html
http://www.declineoftheempire.com/2011/04/timmy-geithner-knows-diddly-squat.html

Son of an Oil Man Whistleblower Rant

Have you Heard any Good Rants Lately? Here's a Good One.
Retrieved by Pat Darnell, thanks to Marilyn Lamb on my faceBook

http://youtu.be/ttDF9ATr57E

If you receive this post via email, you notice it is mostly 'blank'.
We at MooPig Surmise, that at this point, one either says:
"WOW, I'm off the hook, and don't have to pay any attention to that pesky MooPig STUFF!!"
-- OR --
"Hey, where is it ...?"
The answer is: "IT IS A youTUBE presentation"... and you will now click on the http above to go see this modern miracle of technology.

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Prepare for the AUDIT of all Audits that would make even a Scientologist Fall like a Cold Cock

Will Now Ron Paul Step Up?
Retrieved by Pat Darnell

November 30, 2009 02:52 PM EST
[HERE]
-- and --
[Read Entire Article HERE]
great article
it clearly outlines the two pillars of Bernake's argument against Ron Paul's long term assault on the fed

a) banking independence.
- this is a red herring as the constitution placed fiscal control squarely in the hands of congress, and forbade them from giving any of their powers away. Also, our government is based on the idea that the only way to prevent corruption and tyranny is to have checks and balances.

b) public and market confidence in Fed control of the market.
- it is fed control of the market that caused this crash.
the sub prime loans were leveraged against the idea that the fed would act responsibly and raise interest rates at the first sign of the housing bubble slipping. this would give owners the opportunity to refinance for fixed rate mortgages. (yes it was stupid to bet on a future possibility) but instead the Fed lowered the rates further in an attempt to expand the bubble further. Thus defeating the fiscal plans of mortgage brokers and initiating the crisis. (then of course there were a host of other issues that compounded the problem)

$ Note: When the interest rate of  lender Bank is higher from previous dealings, than for dealings he is into now, he cannot get return on investment ... so the Fed messes around with interest rates, money supply quantity, and devaluation of the dollar.

... and then the fed takes the TARP money and refuses to acknowledge where it went.

... and then they, on their own, printed up an additional trillion dollars in between TARP and the Recovery Act, further devaluing the dollar.

... had they been required to submit to oversight.. how would this history have been written?

***

January 26, 2011 [SOURCE]

The Federal Reserve is the chief culprit behind the economic crisis. Its unchecked power to create endless amounts of money out of thin air brought us the boom and bust cycle and causes one financial bubble after another. Since the Fed’s creation in 1913 the dollar has lost more than 96% of its value, and by recklessly inflating the money supply the Fed continues to distort interest rates and intentionally erodes the value of the dollar.

This year, Audit the Fed is back with a vengeance. Reintroduced on 01/26/2011 as HR 459, Ron Paul’s bill to audit the Federal Reserve now has 81 co-sponsors, and the numbers keep growing! HR 459′s companion bill in the Senate, S 202, has already attracted 2 co-sponsors.

***

Mooney

[LOINK]

Does it make sense to Audit our Federal Reserve? You Betcha' it does !!

MooPig Report from the Middle: are you my Fodder?
by Patrick Darnell all by his self

I am so happy to have this soap box this morning... I could preach all day on a platform of angst... Why am I feeling so left out? This is not about Conspiracy, rather about DUH?! What were we thinking ??

Federal Government today in the USA seems to act like a Business. With its thirty secretive security levels, and mind-warped spending... our Congress Persons go away from their homes and happen onto a mad frenzied spending spree every year. Without a reasonable audit of those US$ spending, we the people have no way to vote with any certainty.

I don't want to die MOOT !! My worst eulogy: "Hey MooP, you are MOOT !!"

Why spend it all all the time? ?? What else can they do but join the frenzy?? Seems like a cast of thousands of piranha in a smallish tank... surrounded by a sleeping giant? It is like a cold war within our borders. Sell Washington DC to Disney, let them make it into a Theme Park. Then move the Federal Capitol around to different city-states every six years. Most the buildings in old DC are un-inhabitable fire hazards, and indefensible ... sitting ducks as it were, fish out of water. Anyone listening?

I think this game of Attrition and Spending is much better than Mafia Wars... talk about your hoop-snakes ... AMA, the largest lobby in the world, and all the congress persons are supposed lawyers ... makes one wonder: Who is hitting who?

I have wondered, since I was only a wee lad, how for the love of God the US Government can spend trillions of unsecured federal reserved notes every year??? I am fifty four, [shad'dup] and I have been left in the dark for fifty years... the Federal Reserve gambit is more interesting than all the War Games out there in game land; more fun than Mafia Wars... how can so many be duped over such a long period of time?

Is Congressman Ron Paul the only troubadour left in our supposed Round Table Government in Camelot, DC??? ..So not to double up on long lists, go to this link and peruse our solemn vision at risk!


Sunday, January 17, 2010
Federal Reserve is the Corner Stone of Bilderberg Dynamics

UPDATE: Look Out Baby, 'Cause Here I Come....... RECESSION

Ides of March -- Idus Martiae... Recession !!!!

Any language you say it, it means doom. "Ides" is the 15th of the month, as in the day Caesar was assasinated in 44 BC, the term has come to be used as a metaphor for impending doom. This story has the drama and the look of a curse upon it. Bear Stearns, see also: http://www.urbandictionary.com/define.php?term=bear+stearned Urban Dictionary.

"March 15 - a weekend - JP Morgan and the Federal Reserve Bank Board stepped in to rescue an 85 year old Bear Stearns Wall Street Investment bank. A company that was valued at $20,077 million last year, was bought for a mere $2,362 million on that beleagured weekend just past, JP Morgan was the buyer at $2 per share, 98% less than what it is worth."

"The Federal Reserve has agreed to put $30 billion in the deal." (Mark, Roy & Perelman. eweek, March 24, 2008; paraphrased pp 33-4.)

"Well tweedle dee, tweedle dum, look out baby 'cause here I come. (Rare Earth. Get Ready) Here is Dusty Springfield, because when I feel the doom I play this tune:


Buy Low Sell High: the article goes on to say: "On March 5, 2008 the Federal Reserve put out a report that found economic growth to be sluggish in 2/3 of the 12 districts it surveys... rising food, energy, and materiels costs utting pressure on growth ans slowing hiring..."(eweek; March 24, 2008, pp34).

"It is certainly a buying opportunity for strategic investors," [said Ward Carter, president of mergers and acquisitions advisory company Corum Group], "After all, you want to buy at the bottom, not the top."

Well Duh! Man, we were a bunch of Freaks in 1973! The year I graduated HighSchool:

--AND--



On this Day March 15, 1973:

by Charlie Crane, Thorofare, NJ
Pink Floyd, Spectrum, March 15, 1973
Pink Floyd had been touring for over a year doing the Dark Side of the Moon line-up of songs — although they hadn’t released the album yet. Everywhere they played, it seemed a bootleg of the concert was released. The album would be released on March, 24th 1973 — but at that time it was still somewhat of an unknown for many. The program called the concert “Eclipse - a Piece for Assorted Lunatics,” as it had been called for about a year of live shows. But it was song-for-song and word-for-word Dark Side of the Moon.

PF came out without much fanfare and proceeded to perform the entire album uninterrupted by breaks for applause. It was awesome. They just played it straight through. Back then they hadn’t developed the elaborate special effects such as remote-control planes, flying brass beds, mirror balls, laser-beams, larger-than-life projections and red eyed floating pigs. The effects were limited to carbon dioxide “smoke” illuminated by mostly pink and green floodlights. There was a large gong that they used for their encore numbers, but it broke loose from its mountings when struck and the roadies had to do a quick repair. It was worth the wait, as they played “Set the Controls for the Center of the Sun” and set fire to the kerosene-soaked rim of the gong. The flickering flames dwindling down as the long epoch song slowly ended seemed to weave a magic spell and draw everyone into the gong — as if it had become the sun.

Before the show, almost everyone made paper airplanes out of their program and sailed them around the Spectrum waiting for the concert to begin. I kept mine as a souvenir and still have it — a testament to this piece of music history. http://xponentialmusic.org/blogs/885mmmm/2007/09/06/pink-floyd-spectrum-march-15-1973-dark-side-of-the-moon/