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.


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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

“We The People” Stimulus Package

Bob Basso author of “Common Sense” plays the role of Thomas Paine to ignite the fire of change in America. Patriotism and Pride for America lead Thomas Paine to help take back America!


July 17, 2009 Posted by | auto industry, Bailout, Bill of Rights, Congress, Constitution, Deficit, Deficit Spending, Economy, Elections, End of America, End the Fed, Federal Reserve, Foreign Policy, Fraud, Freedom, Government, Inflation, Legislation, Liberty, Limited Federal Government, Lobby, New World Order, Politics, Protests, Senate, Sovereignty, States Rights, Statutes, Tax, Taxation, Taxpayer, Traitors, Tyranny, United Nations | , , , , , , , , , , , , , , , , , , , , | 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

CFR Corporate Members Get Lion’s Share of Bailout Funds

Source: NewAmerican

Written by Thomas R. Eddlem
Monday, 23 March 2009 11:30

Newspapers are fixated upon $160 million in bonuses given to American International Group (AIG) executives. And it’s nice to know where the millions are going (note: the bonuses could have been cancelled had the federal government let the company go bankrupt, as officials should have). But where are the trillions in TARP, TALC and Federal Reserve Bank bailout funds going? The man in charge of administering the bailouts is Treasury Secretary Timothy Geithner, who served as a staff member of the New York City-based Council on Foreign Relations before being hired in 2003 to head the New York City branch of the Federal Reserve Bank (Fed). As the vice chairman of the Fed’s Open Market Committee, Geithner is probably a poor choice to get the nation out of it’s current economic mess. He served as Alan Greenspan’s number two man at the Fed, so Geithner is as responsible as anyone for facilitating the severity of the real estate and financial bubble and its subsequent collapse. After all, the Fed was the driving force behind the asset bubble, inflating the bubble larger and larger through artificially low interest rates and an inflationary easy-money policy.

Under Geithner and his predecessor (former Goldman Sachs CEO Henry “Hank” Paulson), the majority of bailout funds have been awarded to high-level donors to Geithner’s former employer: the Council on Foreign Relations (CFR).

Thomas Eddlem raises very important questions at the end of his article … see the entire article here.  A great many of the People know the business relationship of the people involved and yet… there is nothing done.  The People screamed loud and clear for a “No” vote on the bailouts and yet… the bailouts were passed.  Maybe it’s time The People looked for new representation from a different political party?? How about a party that stands on the principles found in the founding documents of this country?

April 28, 2009 Posted by | Bailout, Banks, Bernanke, CFR, Council on Foreign Relations, Deficit, Deficit Spending, Economy, Elections, End of America, Federal Reserve, Finance, Fraud, Government, Inflation, New World Order, Political Partys, Politics, Taxpayer | , , , , , , , , , , , , , , , | 3 Comments

Robert Welch, Founder of the John Birch Society

Open your eyes America… Wake Up!! Robert Welch predicted what would happen and gave the same solution that many are giving today, including Ron Paul.

April 21, 2009 Posted by | Bailout, Banks, Congress, Constitution, Currency, Deficit, Deficit Spending, Economy, End of America, End the Fed, Federal Reserve, Finance, Foreign Policy, Fraud, Freedom, Government, Inflation, John Birch Society, Legislation, Liberty, Limited Federal Government, Martial Law, New World Order, Politics, Ron Paul, Senate, States Rights, Tax, Taxation, Taxpayer, Tyranny, UN, United Nations | , , , , , , , , , , , , , , , , , , , , , , , | 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