Analysis of News—www.analysis-news.com
Of Interest to Investors, Survivalists and Others Concerned
About Their
Economic and
Financial Futures
__________________________________________________________________________________________________________________
With
a focus on the Plutocrats, Goldsmiths, Super-Rich Insiders, and their Allies
and
what they are conspiratorially doing to
manipulate the financial markets, make more
profits, rip us off and install a world government under
their control
The Goldsmiths, Part CLXIII
By R. D. Bradshaw
On
Oct 4, 2010, Rothschild relative and key US manipulating agent Ben Bernanke
spoke to the Rhode Island Public Expenditure Council on Fiscal Sustainability
and Fiscal Rules. While not receiving
wide media coverage, there was enough from the media to catch the attention of
most Federal Reserve followers. For
those persons interested in the words of Rothschild’s front man and liar
Bernanke, the full speech is at the Federal Reserve web site. In the meantime, this Goldsmiths will make
reference to a few of his statements which seem especially relevant.
The Speech
He
said: “The recent deep
recession and the subsequent slow recovery have created severe budgetary
pressures… There is no way around it--meeting these challenges will require
policymakers and the public to make some very difficult decisions and to accept
some sacrifices… The budgetary position of the federal government has
deteriorated substantially during the past two fiscal years, with the budget
deficit averaging 9-1/2 percent of national income during that time... If
current policy settings are maintained, and under reasonable assumptions about
economic growth, the federal budget will be on an unsustainable path in coming
years, with the ratio of federal debt held by the public to national income
rising at an increasing pace. Moreover, as the national debt grows, so will
the associated interest payments, which in turn will lead to further increases
in projected deficits.
“Failing to address our unsustainable
fiscal situation exposes our country to serious economic costs and risks… Larger
government deficits increase our reliance on foreign lenders, all else being
equal, implying that the share of U.S. national income devoted to paying
interest to foreign investors will increase over time. Income paid to foreign
investors is not available for domestic consumption or investment. And an
increasingly large cost of servicing a growing national debt means that the
adjustments, when they come, could be sharp and disruptive… It would be
difficult to identify a specific threshold at which federal debt begins to pose
more substantial costs and risks to the nation's economy. Perhaps no bright
line exists; the costs and risks may grow more or less continuously as the
federal debt rises. What we do know, however, is that the threat to our economy
is real and growing, which should be sufficient reason for fiscal policymakers
to put in place a credible plan for bringing deficits down to sustainable
levels over the medium term. The sooner
a plan is established, the longer affected individuals will have to prepare for
the necessary changes… Amid all of the uncertainty surrounding the long-term
economic and budgetary outlook, one certainty is that both current and future
Congresses and Presidents will have to make some very tough decisions to put the
budget back on a sustainable trajectory.
“Conclusion. Today I have highlighted our nation's fiscal
challenges. In the past few years, the recession and the financial crisis,
along with the policy actions taken to buffer their effects, have eroded our
fiscal situation. An improving economy should reduce near-term deficits, but
our public finances are nevertheless on an unsustainable path in the longer
term, reflecting in large part our aging population and the continual rise in
health-care costs. We should not underestimate these fiscal challenges; failing
to respond to them would endanger our economic future.
“Well-designed fiscal rules cannot
substitute for the political will to take difficult decisions, but U.S. and
international experience suggests that they can be helpful to legislators in
certain circumstances. Indeed, installing a fiscal rule could provide an
important signal to the public that the Congress is serious about achieving
long-term fiscal sustainability, which itself would be good for confidence. A
fiscal rule could also focus and institutionalize political support for fiscal
responsibility.”
The Reaction
The
essence of Rothschild cousin Bernanke’s talk was that the US is on an
unsustainable course in its present budgetary and spending practices. The economic future of the nation is at risk
unless measures are taken soon to install a critical plan at the national level
to bring budget deficits down. Failing
to take action on a timely basis can set the stage for later adjustments to be
sharp and disruptive when they do come.
Most/many
analysts addressing this Bernanke talk took the position that it was a
demand/request for Congress to get serious on budget responsibilities and start
cutting the deficits significantly. An
article at LewRockwell.com had it that the Federal Reserve will not destroy the
US dollar in order for Congress to play a game to deceive people.
These
are good points to consider but let me suggest in this Goldsmiths that the real
message from Rothschild cousin Bernanke was in a different vein than just
urging Congress to be prudent and responsible.
I am 76 years old and as far back as I can remember we have always had
Federal Reserve Chairmen publicly calling for budgetary and fiscal
responsibility. Even the deceptive con
man Alan Greenspan, another Rothschild relative and agent, publicly called for
budget cuts and even balanced budgets.
This talk has sounded good to the public for the last 65 years following
WWII. But thinking people have known all
along that it’s all smoke and mirrors and that’s not what was really on the
table at the Fed or with the Congress and presidents (yes, even Reagan had no
puncture to deal with the spending/deficit problems).
A Revisit to some Earlier Goldsmiths
Back
in the Goldsmiths, Part L, published on March 17, 2009, it mentioned some words
very similar to some of the above by Bernanke.
This Goldsmiths addressed the Rothschild imposed depression and words
from Bernanke and various other officials on what must be done. In particular, mention was made to the
assessment of Rothschild cousin John Kohn (who uses the alias Kerry).
Rothschild media source Bloomberg
of Mar 6, 2009 had a story on “Animal House party Days Are Over for U.S. banks:
John Kerry” which quoted Kerry as saying:
“We have to face the reality that huge swaths of our banking system are
insolvent. We must recapitalize banks, not
to help shareholders, but to rescue our economy… A large, aggressive
recapitalization of banks will be costly and unpopular. But we have no other choice. Congress will
bite the bullet on this tough decision, but it’s a lot harder when Americans
are reading stories about excessive spending by the very banks we’re here to
save… What does this have to do with
lavish and frivolous spending by TARP recipients? Everything. If Americans continue to lose faith that their
tax dollars are being used to rescue the economy, they’ll rebel -- at a time
when more painful investments and sacrifices must be made to avoid a deeper and
deeper recession. Make no mistake: We
need fewer concerts with big-name attractions and more of the hard work to get
our economic house in order…”
Even
Bernanke’s words about budget deficits were not new. In the Goldsmiths CLVII, published on Sep 2,
2010, focus was directed to Rothschild cousin Bernanke’s words at the Federal Reserve
Banking system’s annual Monetary Symposium at the fat cat resort at Jackson
Hole, Wyoming in late August 2010.
In his address to the participants,
Bernanke said: “In many countries,
including the United States and most other advanced industrial nations, growth
during the past year has been too slow and joblessness remains too high. This list of concerns makes clear that a
return to strong and stable economic growth will require appropriate and
effective responses from economic policymakers across a wide spectrum, as well
as from leaders in the private sector. Central
bankers alone cannot solve the world's economic problems… a return to strong
and stable economic growth will require appropriate and effective responses
from economic policymakers across a wide spectrum, as well as from leaders in
the private sector…”
My comment in the Goldsmiths 157
back then was that Rothschild cousin Ben and the privately owned Fed had been
working overtime to figure out more ways that they can send trillions of
dollars more from the taxpayers to the big Rothschild Cabal banks and financial
institutions and we could expect no change in that mission.
Though Rothschild cousin Bernanke
did not explain the private assistance reference in Wyoming, it was clear to me
that the intent was that the American people must expect to suffer more and
more (sacrifice) as unemployment expands and the credit markets further
contract. Obviously, since there are
limits to what the Fed or the government can do, it is clear that we the people
will be expected to bite the dust and pay for the money going to the big banks
thru our blood, sweat and tears.
I summed it up as “But the Rothschild
Cabal snakes running things know exactly what they are doing. They are experts at causing periods of
inflation and deflation in tandem with periodic wars where they really clean
up. Based on the words of Rothschild
cousin Ben, my take is that the Rothschild Cabal expects we the people to go
thru the wringer of a much harder deteriorating economy with deflation as the
Rothschild goal in the immediate future.”
That assessment back in Aug-Sep is the same today.
Yet The Tone of Oct 4 was Slightly
Different
Though
the spin about budget and fiscal responsibility was not new in Rothschild
cousin Ben’s words in Rhode Island, there was a new or at least sharper tone
than used heretofore by Bernanke. All of
a sudden, he introduced the thinking that the US is
on an unsustainable path in coming years which will expose the nation to serious
economic costs and risk; and failure to respond to them will endanger America’s
economic future. He noted that failing to take action on a timely basis would set the stage
for later adjustments to be sharp and disruptive when
they do come.
My
Take and Conclusion
While
the case might be made for just more of the same—smoke and mirrors and pap and
crap—I would suggest that there was more to it than just that reality.
I
must hasten to say that Bernanke has spent his entire career at the Fed working
for his cousins in the Rothschild Cabal of bankers—to include the Rothschilds, Roggenfelders/Rockefellers,
Lazards, Oppenheimers, Warburgs, Lamberts of Belgium (the mother was a
Rothschild), Agius at Barclays (the mother was a Rothschild), Bronfmans (who
are big in Canada), etc. As far as I can
tell, everything Bernanke does and says is designed to benefit his banking
relatives and not the people of America.
Thus, his talk in Rhode Island was to benefit his relatives with the big
Cabal banks.
Increasingly,
it is clear to many persons that the present path spells disaster (which cannot
now be avoided). And this disaster is
not just something surfacing in the last few years (as the liar Bernanke tries
to convey). No, the disaster was laid on
in 1913 when we stupidly, illegally (per the US Constitution) and irresponsibly
turned the US money supply over to this gang of money changers and money
crooks. The question was never about the
certainty of the end of the US money system, but rather only a question of WHEN. The days of WHEN are almost to the point of
resolution. As Bernanke subtly conveyed
in Rhode Island, the when is getting very close and can quickly and sharply
come on us.
As
always, the solution has been for the president and Congress to cut spending
drastically and start showing a budget surplus--except for Rothschild Cabal
wars and bail-outs (and even if the budget act is all smoke and mirrors, as
occurred under Bill “Slick” Clinton).
But Bernanke knows this course is now impossible. The primary problem is that the Rothschild
Cabal of bankers has been stealing this nation blind for centuries. Their thefts are accelerating and they fully
intend stealing all of the remaining wealth in America before the nation hits
the garbage can. That’s what Kohn (alias
Kerry) had in mind back in March 2009 (in cited in Goldsmiths 50). Bernanke fully supports this and is making
plans right now to explode monetary expansion to the hilt in order to further
bail out and support the big Cabal banks and their bail-outs and wars for
profit.
In
the final analysis, it matters little or nothing what the people want. The president and Congress have been bought
and paid-for to deliver to the Cabal bankers.
This is going to happen and can’t be stopped except in a crisis of a
successful internal revolution and/or the defeat of the US in WWIII. In earlier statements, even as late as August
2010 at Jackson Hole, Rothschild cousin Ben spoke in the vein of survival if
the Americans will sacrifice and give up everything to support the dollar so
that it can be used to further enrich the Rothschild Cabal. In the Rhode Island talk, I didn’t detect
that option in plain speech.
Bernanke
is no fool. He is clever, cunning and
deceptive (which is the MO of the Rothschild Cabal of crooks—see Understanding
Money and War XIV at www.analysis-news.com). I submit that in Rhode Island, he was laying
out the frightening aspects of a soon coming melt down of the US system. And when it happens, the people must not
blame the Fed (or its secret banking owners) but must ignorantly place the
blame on the president and Congress.
This
is the very point I made in August 2008 in the Goldsmiths Part I and again in
Understanding Money and War I (at www.analysis-news.com). The name of the game is not to blame the Fed
(or its secret banking owners), but to blame the elected leaders as chosen by
the Rothschild Cabal (who have been spending trillions in Rothschild Cabal
wars, bail-outs, benefits, etc and thus working for the banking owners of the
Fed). Thus, it’s alright to blame teleprompter
Obama, Reid, Pelosi, the idiot Bush, etc—but do not blame the Rothschild Cabal
of bankers who are actually the bosses and controllers of presidents and
leading members of Congress.
If
the idiots out there get mad in a revolution, they MUST NOT take their wrath
out on the Rothschilds, Roggenfelders, Lamberts, Lazards, Warburgs, Aguises,
Oppenheimers, Bronfmans, etc. The dumb
sheep people must be taught to hate and hang their own elected
politicians. And if the heat does get
bad, all of the Cabal fat cats can jump in their executive airplanes and flee
to Israel/Switzerland where they have dual citizenship and secret bank accounts
stashed away for a rainy day.
I
suggest that it is all a game of CYA (cover your –ss) in Bernanke’s talk. But the fact that he made it and suggested
the urgency and fear involved leads me to suspect that Rothschild cousin Ben
now sees the handwriting on the wall/the certainty of the end on the horizon
and is making preparations for the dumb sheep public to not get mad at the bankers;
but instead the people must take their wrath out on members of Congress (which
is the Rothschild MO, as cited in the Goldsmiths I and Understanding Money and
War I at www.analysis-news.com).
After
all, Rothschild cousin Ben has his own hide at stake if the dumb sheep go wild
and start hanging people. Ben would like
to get away to Israel first if possible where he has dual citizenship and where
he will not be extradited to a foreign state to face criminal charges for his years
of lying, deceiving, cheating, defrauding and stealing from the public. The Cabal masters and their cousins and
agents all expect to be able to flee to safety if the mess they cause in
America heats up and gets out of control.
____________________________________________________________________
Disclaimer: None of the above is for investment advice.
It is for information purposes only.
Back issues of the Goldsmiths, by the editor of the Analysis
of News, can be accessed from a Google or Yahoo search engine by typing in “R.
D. Bradshaw” Goldsmiths. Several hundred
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issued to date.
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articles, the work of the plutocratic financial market manipulators to
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profits and install a world government under their management) is also
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