The Ice Blog

by Ice

Meltup

The beginning of a U.S. currency crisis and hyperinflation.

Meltup features Gerald Celente, Peter Schiff, Ron Paul, Marc Faber, Jim Rogers, Tom Woods, and others.


July 25, 2010 Posted by | Austrian Economics, Banks, Banksters, Credit, Currency, Deficit, Deficit Spending, Economy, End of America, End the Fed, Federal Reserve, Finance, Inflation, Money, Ron Paul, Stocks, Tax, Trade | , , , , , , , , , | 1 Comment

Money, Banking and The Federal Reserve (Video)

by The Ludwig von Mises Institute
The Ludwig von Mises Institute

Thomas Jefferson and Andrew Jackson understood “The Monster”. But to most Americans today, Federal Reserve is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and operates; or of the sound money and banking that could end the statism, inflation, and business cycles that the Fed generates.

Dedicated to Murray N. Rothbard, steeped in American history and Austrian economics, and featuring Ron Paul, Joseph Salemo, Hans Hoppe and Lew Rockwell, this estraordinary film is the clearest, most compelling explanation ever offered of the Fed and why curbing it must be our first priority.

Alan Greenspan is not, we’re told, happy about this 42 minute blockbuster. Watch it and you’ll understand why. This is economics and history as they are meant to be: fascinating, informative, and motivating. This movie could change America.

You can order the “Money, Banking and The Federal Reserve on DVD at Mises.org

October 11, 2009 Posted by | American History, Austrian Economics, Banks, Congress, Credit, Currency, Deficit, Deficit Spending, Economy, End of America, End the Fed, Federal Reserve, Finance, Government, Inflation, Investing, Investment, Law, Legislation, Lew Rockwell, Limited Federal Government, Loans, Loans/Mortgage, Ludwig von Mises Institute, Market Economy, Money, Murray N. Rothbard, Politics, Ron Paul, Sovereignty, Tax, Taxation, Taxpayer, Trade | , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Ron Paul on Coast to Coast AM

Ron Paul on Coast to Coast AM with George Noory

July 22, 2009 Posted by | Bailout, Banks, Bernanke, Congress, Credit, Currency, Deficit, Deficit Spending, Economy, End the Fed, Federal Reserve, Finance, Fraud, Free Market, Government, Inflation, Investing, Investment, Law, Legislation, Limited Federal Government, Loans, Market, Market Economy, Politics, Ron Paul, Senate, Statutes, Tax, Taxation, Taxpayer, Trade | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

A Sound Bite: Free Market Economy Has Failed

We have been subjected to the onslaught of this sound bite coming from the top Banksters and Main Stream Media from the beginning of the sub-prime fiasco.  Of course there is only one solution to a failure of a Free Market.  That’s right… more regulation.  More aptly put: Less Freedom and more Government Control.

How many people across the country are now repeating that sound bite?  Many Americans, wanting to demonstrate their knowledge in matters far above their daily life, are using sound bites like this one while repeating the latest propaganda spewing from the bought and paid for Main Stream Media.  Some may even engage in lengthy arguments over this misinformation and denial of obvious truths that have been staring them in the face for many, many decades.

The masses, having been focused on increasing their material wealth and “fun in the sun”,  haven’t had time to educate themselves on these very important issues. They depend on their limited education from government indoctrination centers, commonly referred to as “public education”, and the Main Stream Media for knowledge of the world around them. Imagine how different our reality might be if men and women had taken time after dinner, or right before bed, to read a book on any of these important matters.  In hindsight they might agree that a bit of self education is worth the effort to protect their freedom.

Is the sound bite “Free Market Economy Has Failed” in any way legitimate?

The truth of the matter is that intervention in the market, rather than the market economy itself, was the driving factor behind the bust.

F.A. Hayek won the Nobel Prize for his work showing how the central bank’s intervention into the economy gives rise to the boom-bust cycle, making us feel prosperous until we suffer the inevitable crash. Most Americans know nothing about Hayek’s theory (known as the Austrian theory of the business cycle), and are therefore easy prey for the quacks who blame the market for problems caused by the manipulation of money and credit. The artificial booms the Fed provokes, wrote economist Henry Hazlitt decades ago, must end “in a crisis and a slump, and…worse than the slump itself may be the public delusion that the slump has been caused, not by the previous inflation, but by the inherent defects of ‘capitalism.’”

Although my recently released book, Meltdown explains the process in more detail, an abbreviated version of Austrian business cycle theory might run as follows:

Government-established central banks can artificially lower interest rates by increasing the supply of money (and thus the funds banks have available to lend) through the banking system. This is supposed to stimulate the economy. What it actually does is mislead investors into embarking on an investment boom that the artificially low rates seem to validate but that in fact cannot be sustained under existing economic conditions. Investments that would have correctly been assessed as unprofitable are falsely appraised as profitable, and over time the result is the squandering of countless resources in lines of investment that should never have been begun.

Source: “No, The Free Market Did Not CauseThe Financial Crisis”, by Thomas E. Woods, Jr.

Continued Here.

May 8, 2009 Posted by | Bailout, Banks, Bernanke, Books, Credit, Currency, Deficit, Deficit Spending, Economy, End the Fed, Federal Reserve, Finance, Fraud, Free Market, Government, Inflation, Investing, Investment, Loans/Mortgage, Market, Market Economy, Politics, Stocks | , , , , , , , , , , , , , , | 7 Comments

Will Senate Allow Banksters To Reap More Rewards?

The provision giving judges the power to reduce mortgage principals and interest rates for homeowners in bankruptcy may be stripped from H.R. 1106 by the Senate.  The provision, referred to as “cramdown”, would not give more taxpayer money to the banks.  Instead, the Banksters may be offered “incentive payments” for “voluntarily” lowering interest rates.

From OpenCongress.org:

So far, all the foreclosure prevention plans that rely on voluntary participation from the banks have failed. If cramdown is removed from the current bill, we will be left with another voluntary plan plus some cash bonuses for banks. Homeowners who owe much more than the current value of their house will still not be helped.

April 30, 2009 Posted by | Bailout, Banks, Credit, Deficit, Deficit Spending, Economy, Fraud, Government, Inflation, Legislation, Loans/Mortgage, Politics, Scam, Tax, Taxation, Taxpayer | , , , , , , , , , , , , , , , | 1 Comment

“Hope for Change” – Has Anything Changed Yet??

You heard the slogan.  Were you one of those taken in by it?  Do you still believe that there will be any change in the way the federal government does business?  Will the People be able to count on their government to “preserve, protect and defend” the Constitution and their Freedom?


Think about all that the new administration has accomplished up to this point.  What do you see??  Disagree all you want but at this point I see nothing but the same ol’ song and dance.  If at all possible I hope to enlighten the readers of this blog to the fact that the 2 major political parties are one and the same, with very slight and inconsequential differences which all serve a single specific purpose, marching in the same direction.


We have seen a “stimulus” bill passed and signed into law under the “economic emergency” without the full transparency that had been promised on the campaign trail while Obama fought to secure votes.  This bill was passed in much the same way that the USA Patriot Act was passed during the Bush Administration.[1] And when scrutinized closely we find a few new laws tucked away within its pages that do nothing more than infringe upon the rights of the People[2] and invade privacy[3] while implementing new systems of control[4] over them.


As noted in a previous post, Obama has surrounded himself with “globalists” that work towards their goal of a New World Order.[5] This NWO is not in the best interests of America or the World.  It serves to benefit only the lust for financial gain and power of the International Corporations. But I digress…


We have had to endure an assault on our liberty from the Bush Administration which brought protests from around the country, from all corners and regardless of political affiliation.

“The brownshirt Bush regime ignored the protections provided by habeas corpus. They spied on American citizens without warrants. They violated the First Amendment. They elevated decisions of the president above US statutory law and international law. They claimed the power to withhold information from the people’s representatives in Congress, and they asserted, and behaved as if, they were unaccountable to the people, Congress, and the federal courts. The executive branch claimed the power to ignore congressional subpoenas. Republicans regarded Bush as a Stuart king unaccountable to law.”[6]

And what solution did the American People come up with??  Yep, that’s right, they voted for the same ol’ song and dance instead of looking to someone that was outside of the mainstream political landscape.  They looked to another “politician” instead of a “statesman”.


We now see that Obama is falling into line with much of what the Bush Administration has accomplished (which was by no means for the benefit of the American People).

“Now we have the Democrats, and the assault on civil liberty continues. President Obama doesn’t want to hold Bush accountable for his crimes and violations of the Constitution, because Obama wants to retain the powers that Bush asserted. Even the practice of kidnapping people and transporting them to foreign countries to be tortured has been retained by President Obama.

The civil liberties that Bush stole from us are now in Obama’s pocket.”[7]

How is that for change?  Allow me to demonstrate some of the other “changes” that come from the “Hope for Change” administration.


The current administration is now attempting to block a lawsuit seeking to recover millions of missing White House emails.[8] Why is Obama’s administration continuing the Bush administrations efforts to block this lawsuit?


Onward we march towards Socialism?  Benito Mussolini coined the term “fascism” and later said that “corporatism” would have been a better term. Socialism or Corporatism?  Take your pick.  We are without a doubt headed in that direction as evidenced by the leanings of the new administrations desire to institute mandatory programs of national service.

“Despite denials that Obama plans to institute a mandatory program of national service, his original change.gov website stated that Americans would be “required” to complete “50 hours of community service in middle school and high school and 100 hours of community service in college every year”. The text was only later changed to state that Americans would be “encouraged” to undertake such programs.”[9]

The pattern should be obvious to anyone with a skittle of intelligence. How do you think the Obama Administration is going to react to the Bush Administrations efforts to protect the telecom industry from liability when Bush had successfully enacted law giving them immunity[10]?  Will that Bush policy change under this new administration?  The pattern suggests that these huge corporations have nothing to worry about and they will continue to allow your privacy to be invaded.


While people are busy living their life, working, throwing “Oscar” night partys (Can you believe it? People actually have Oscar night parties!!) or watching News stories about which celebrity doesn’t wear underwear – the reality around them is gradually undergoing change they may not see the danger of until it is much too late.


Thankfully, there are many people that understand the dangers the runaway federal government brings upon The People and are working diligently to thwart these assaults on the Freedom that the People of this country have long defended and enjoyed. Hmm, maybe I should be wary of a visit by the Sercret Service?[11]


It appears that “hope” for change was the promise. Hope all you want – you won’t see real change until we have Statesman that refuse to be puppets of corporations and their lobbyists.


Get Active. Join Patriots from every corner of this great land and work to effect real change.  The promise of “hope” for change is not a promise for actual change.  Real Change begins with You.


See the links under “America Acts” to find out how you can be a part of effecting change.  Investigate and compare those “other” political partys and their candidates.  Do not allow the mainstream medias’ coverage of the same ol’ song and dance routine of the 2 major partys be your only source of information.


[1] The USA Patriot Act and The Bill of Rights

“Under cover of darkness the President had the substitute bill printed at 3:45 a.m., only hours before the House vote scheduled for that same morning. Out of 435 Representatives, NOT ONE would read the substituted Act before voting on the bill.

[2] Gun Registry Bill Draws Massive Resistance

[3] Stimulus Bill Includes Medical Databases for “Biosurveillance”

[4] The “Stimulus” Computerized Medical Records Provision Has Implications For Gun Owners

[5] Change?? What Change?, Obama Picks Bilderberger for Health Secretary

[6] From One Assault on the Constitution to Another

[7] From One Assault on the Constitution to Another

[8] Obama Administration backs Bush, tries to kill lost White House emails lawsuit

[9] Lawmaker Warns of “Forced Servitude” Under Obama

[10] Judge Questions Law Giving Telecoms Immunity

[11] Man Pulled Over By Cops, Visited By Secret Service Over Anti-Obama Sign

February 24, 2009 Posted by | Bill of Rights, Bush, Constitution, Credit, Declaration of Independence, Deficit, Deficit Spending, Democrat, DNC, Economy, Elections, End of America, Finance, Freedom, Freedom & Liberty, GOP, Government, Gun Control, Inflation, Law, Liberty, Martial Law, Media, New World Order, Obama, Political Partys, Politics, President, Privacy, Republican, Secret Service | , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Analysts: New Era Of Chaos Has Taken Hold

Analysts: New Era Of Chaos Has Taken Hold 230209meltdown

Banking collapse has already happened; Crisis is worst ever; Financial system has effectively disintegrated; Mass social insurrection likely

Steve Watson
Infowars.net
Monday, Feb 23rd, 2009

A wave of economists, investors and other financial experts issued a series of dire warnings concerning the global financial crisis over the weekend, stating that a new era of chaos has taken hold all over the globe.

Some asserted that a total banking collapse has already occurred, while others said that the downturn is now the worst on record, far outstripping the great depression.

Hedge fund manager and billionaire philanthropist George Soros said the financial system has effectively disintegrated, with the turbulence more severe than during the Great Depression and with the decline comparable to the fall of the Soviet Union.

Former chairman of the Federal Reserve Paul Volcker said he could not remember any time, even in the Great Depression, when things went down so fast and quite so uniformly around the world.

Financial market analyst Martin D. Weiss has stated that the banking collapse has already occurred and a major Wall Street meltdown is now imminent.

Leading forecasters, The National Association for Business Economics, have warned that the recession is projected to worsen and unemployment could hit 9% this year, 10% percent next year and continue to rise into 2011. In 2008, the jobless rate averaged 5.8 percent, the highest since 2003.

Financial professors Carmen Reinhart of the University of Maryland and Kenneth Rogoff of Harvard University have said that the crisis is “as bad as they come”, warning that if the averages of previous crises hold, Americans can expect unemployment to reach 11 or 12 percent, housing prices nationally to drop 36 percent, stocks to lose more than half their value, and real output per capita to plunge 9.3 percent.

New York University economist Nouriel Roubini has predicted a lost decade of Japanese-style stagnation (a deadly combination of stagnation, recession and deflation) but on a worldwide basis.

“The global economy is now literally in free fall as the contraction of consumption, capital spending, residential investment, production, employment, exports and imports is accelerating rather than decelerating,” Roubini wrote.

More from PrisonPlanet.com

February 24, 2009 Posted by | Bailout, Banks, Chaos, Commodities, Credit, Deficit, Deficit Spending, Economy, End of America, Finance, Government, Inflation, Loans, Martial Law, New World Order, Politics | , , , , , , , , , , , , , , | Leave a comment

Change?? What Change?

In the past please note that I have stated that if you vote for a Republican or Democrat (with very few exceptions) you will get the same old song and dance.  Maybe the article below will shed more light upon the subject for my readers.  If you dare believe that we are not being led to a Global New World Order ruled by a few elite … maybe you should think again. And maybe, just maybe, you will take another look at the “other” political parties and their candidates.

From the American Free Press:

Change? Obama Inner Circle Filled With Bilderbergers

By Victor Thorn

FOR TWO YEARS, Americans have heard an unrelenting mantra of change emanating from the campaign trail. But now that President-elect Barack Obama has begun forming his cabinet, we’re seeing a cadre of more deeply entrenched insiders than any administration that has preceded it.

In regard to key foreign policy advisors, all three of Obama’s selections either initially supported the Iraq war, or still do. On the economic front, each appointee maintains a close relationship with the Jewish triad of Ben Bernanke, Robert Rubin and Alan Greenspan—as well as bailout engineer Henry Paulson. Barack Obama himself is a Council on Foreign Relations member, has strong ties to Zbigniew Brzezinski, and participated in a clandestine meeting with Hillary Clinton at Bilderberg member Diane Feinstein’s house at the time when 2008 Bilderberg members were congregating only a few miles away.

Below is an overview of Obama’s top 14 selections to date. When considering their collective histories, a trend becomes clear, proving that the more things change under Obama, the more they stay the same.

1. TIMOTHY GEITHNER – TREASURY SECRETARY

Bilderberg, Council on Foreign Relations, Trilateral Commission, president and CEO of Federal Reserve Bank of New York, director of policy development for IMF, member Group of Thirty (G30), employed at Kissinger & Associates, architect of the recent 2008 financial bailouts, mentored by Lawrence Summers and Robert Rubin.

2. PAUL VOLCKER – ECONOMIC RECOVERY ADVISORY BOARD

Bilderberg, Council on Foreign Relations, North American chairman of Trilateral Commission, Federal Reserve chairman during Carter and Reagan administrations, president of Federal Reserve Bank of New York, G30 member, chairman Rothschild Wolfensohn Company, key figure in the collapse of the gold standard during the Nixon administration, longtime associate of the Rockefeller family.

3. RAHM EMANUEL – CHIEF OF STAFF

Member of Israeli Defense Force, staunch Zionist, congressman, Board of Directors for Freddie Mac, member of Bill Clinton’s finance campaign committee, made $16.2 million during 2.5 years as an investment banker for Wasserstein Perella. His father was a member of the Israeli Irgun terrorist group.

4. LAWRENCE SUMMERS – NATIONAL ECONOMIC COUNCIL

Bilderberg, Council on Foreign Relations, Trilateral Commission, treasury secretary during Clinton administration, chief economist at World Bank, former president of Harvard University, Brookings Institute board member, huge proponent of globalization while working for the IMF, protege of David Rockefeller, mentored by Robert Rubin.

5. DAVID AXELROD – SENIOR ADVISOR

Political consultant whose past clients include Sens. Hillary Clinton, John Edwards and Christopher Dodd; main Obama fixer in the William Ayers and Reverend Wright scandals.

6. HILLARY CLINTON – SECRETARY OF STATE

Bilderberg, Council on Foreign Relations, Trilateral Commission, clandestine CIA asset used to infiltrate the anti-war movement at Yale University and the Watergate hearings, senior partner at the Rose Law Firm, key figure in the Mena drug trafficking affair, architect of the Waco disaster, implicated in the murder/ cover-up of Vince Foster, and many other deaths.

7. JOSEPH BIDEN – VICE PRESIDENT

Bilderberg, Council on Foreign Relations, U.S. Senator since 1972, member of the Senate Judiciary Committee, current chairman of the U.S. Senate Committee on Foreign Relations, strong Zionist sympathizer who recently told Rabbi Mark S. Golub of Shalom TV, “I am a Zionist. You don’t have to be a Jew to be a Zionist.”

8. BILL RICHARDSON – COMMERCE SECRETARY

Bilderberg, Council on Foreign Relations, former U.S. congressman, chairman of the Democratic National Convention in 2004, employee of Kissinger Associates, UN ambassador, governor of New Mexico, energy secretary, major player in the Monica Lewinsky cover-up with Bilderberg luminary Vernon Jordan.

9. ROBERT GATES – DEFENSE SECRETARY

Bilderberg, Council on Foreign Relations, former CIA Director, defense secretary under President Bush, co-chaired CFR task force with Zbigniew Brzezinski, knee-deep in the Iran-Contra scandal, named in a 1999 class action lawsuit pertaining to the Mena drug trafficking affair.

10. TOM DASCHLE – HEALTH SECRETARY

Bilderberg, Council on Foreign Relations, former Senate majority leader, Citibank lackey, mentored by Robert Rubin.

11. ERIC HOLDER – ATTORNEY GENERAL

Key person in the pardon of racketeer Marc Rich, deputy attorney general under Janet Reno, facilitated the pardon of 16 Puerto Rican FALN terrorists under Bill Clinton.

12. JANET NAPOLITANO – HOMELAND SECURITY DIRECTOR

Council on Foreign Relations, Arizona governor, attorney for Anita Hill during the Clarence Thomas hearings, U.S. attorney during the Clinton administration, instrumental in the OKC cover-up, where she declared, “We’ll pursue every bit of evidence and every lead,” described as another Janet Reno, soft on illegal immigration (i.e. pro-amnesty and drivers licenses to illegals).

13. GEN. JAMES L. JONES – NATIONAL SECURITY ADVISOR

Bilderberg, Trilateral Commission, European supreme allied commander, special envoy for Middle-East Security during Bush administration, board of directors for Chevron and Boeing, NATO commander, member of Brent Scowcroft’s Institute for International Affairs along with Zbigniew Brzezinski, Bobby Ray Inman, Bilderberg luminary Henry Kissinger and former CIA Director John Deutch.

14. SUSAN RICE – U.N. AMBASSADOR

Council on Foreign Relations, Rhodes scholar, campaign foreign policy advisor to presidential candidates John Kerry and Michael Dukakis, member of Bill Clinton’s National Security Council and assistant secretary of state for Africa, member of the Brookings Institute (funded by the Ford Foundation and the Rockefellers), and member of the Aspen Strategy Group (teeming with Bilderberg insiders such as Richard Armitage, Brent Scowcroft, and Madeleine Albright).

Victor Thorn is a hard-hitting researcher, journalist and the author of many books on 9-11 and the New World Order. These include 9-11 Evil: The Israeli Role in 9-11 and Phantom Flight 93.


January 19, 2009 Posted by | Banks, Constitution, Credit, Deficit, Deficit Spending, Economy, Elections, End of America, Foreign Policy, Fraud, Freedom, Freedom & Liberty, Future, Law, Liberty, Political Partys, Politics, Scam, Terrorism | , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

I Want My Bailout Money

‘Nuff Said!

Thanks to Phil for the heads up on this video.

January 19, 2009 Posted by | auto industry, Bailout, Banks, Credit, Deficit, Deficit Spending, Economy, End of America, Fraud, Freedom, Freedom & Liberty, Future, Law, Liberty, Loans, Loans/Mortgage, Media, Politics, Rap, Scam, Taxation, Terrorism, Trade | , , , , , , , , , , , , , , , , , , , | 1 Comment

BDI Falls 93%

The Baltic Dry Index (BDI) is a number issued daily by the London based Baltic Exchange.  The index provides an assessment of the price of moving major raw materials by sea.  The BDI traces its roots to the Virginia and Baltick Coffeehouse in London’s financial district in 1744.  Taking in 26 routes measured on a timecharter and voyage basis, the index covers Handyman, Panamax and Capesize dry bulk carriers carrying a range of commodities including coal , iron ore and grain.

Will the US be CUT OFF from the World?  Watch the video, do some research and draw your own conclusions.

BDI FALLS 93%

Update:  For those of you unaware of the recent news, the BDI has fallen 98% since this article was posted.  There is no merchandise being moved by sea.

December 23, 2008 Posted by | Commodities, Credit, Economy, End of America, Index, manufacturing, Production, raw materials, Shipping, Trade | , , , , , , , , , | 6 Comments

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