The cashless society is under construction

Two news stories this week are huge reminders that the cashless society already is under construction throughout the Western world.
I have added the word Western, because there are rumblnigs from Middle-Eastern countries that Islamic scholars are now working on a new interpretation of Sharia Law to allow gold to be used in commerce. So, while the West is moving toward a digital fiat system, the East is headed in the opposite direction with the intent of placing precious metals at the center of all monetary transactions. What a tragedy for the West.

The European Central Bank has announced it will stop issuing the €500 euro note by 2018, using the excuse that these notes often are used for illegal activities. A financial expert says that the move benefits the banks because people will find it more convenient to keep their money in the bank and it sets the stage for a cashless society with negative interest rates. Reuters 2016 May 5 (Story)

Last month, more than 100 executives from some of the biggest financial institutions, including Nasdaq, Citigroup, Visa, Fidelity, Capital One, and Pfizer met in secret for the unveiling of a proposed digital money system that converts US dollars into digital currency. Promoters say this will reduce crime and corruption, but the real attraction for this group is its role in a cashless society. If there is no currency, then money will exist only in the computers of banks, which means that every transaction – even the payment of a child’s allowance – will generate a bank transaction fee. Your money also will be forever available for confiscation for bank bail-ins and government taxes and fines. These guys can hardly wait. Economic Collapse 2016 May 2 (Story) (Cached)

G. Edward Griffin
2016 May 6

THIS WEEK IN REVIEW

Indiana: Anti vote-fraud activist and Trump supporter, Gary Welsh, was found dead just before the Indiana primary in the stairwell of an apartment with a gun next to him. Police quickly ruled it a suicide. An ominous message was posted on his blog before his death hinting that he may not be around to see the election results. Welsh claimed that Senator Marco Rubio attended gay ‘foam parties’ in the 1990’s and provided photos of the event. He also provided photographic evidence that Senator Rubio’s father had worked with Oswald and was involved in the JFK assassination. Yup. Suicide, for sure. InfoWars 2016 May 6 (Story)

Baghdad, Iraq: The US is sending 25 heavily armed Marines to defend the American embassy. This is in response to hundreds of protestors breaking into the international ‘Green Zone’ last week where politicians are headquartered. Protests have been led by a Shi’ite cleric. CNN 2016 May 6 (Story)

Greenpeace leaked 248 pages of the secret Transatlantic Trade and Investment Partnership (TTIP) treaty that show how it will destroy jobs, food safety, and online privacy. Following France’s refusal to endorse the treaty, a poll in Germany showed that 70% of its citizens also oppose the TTIP. Support for the deal is falling apart in the US – and the UK as well. RT 2016 May 6 (Story) (Cached)

The US Department of Justice threatened North Carolina with withholding hundreds of millions in federal funds unless the state opens up its public bathrooms to transgender individuals. A new state law requires individuals to use only bathrooms that correspond to the gender listed on their birth certificates. Fox News 2016 May 5 (Story) (Cached)

Israeli warplanes struck four Hamas positions in Gaza, threatening the 2014 ceasefire that followed a 50-day war. Israel says that Hamas has been shelling them at the border. Hamas accuses Israeli forces of encroaching into Gazan territory. PressTV 2016 May 5 (Story) (Cached)

Donald Trump’s new fundraising-operation chairman is Steve Mnuchin who worked for Goldman Sachs for 17 years and also worked for Soros Fund Management. Mnuchin frequently has donated to Democrats. Trump has criticized Ted Cruz for his ties to Goldman Sachs. ZeroHedge 2016 May 5 (Story) (Cached)

Washington State: Three more workers were hospitalized after inhaling radioactive fumes at the Hanford Nuclear Plant. Last week, 19 workers were sent for radiation evaluations after being exposed to a leaking nuclear-waste tank. Hanford stores 2/3 of America’s nuclear waste, a total of 56 million gallons, and the system is gradually falling into disrepair. RT 2016 May 4 (Story)

New Mexico: For decades, the Los Alamos Nuclear Laboratory has discharged water from its cooling towers into Sandia Canyon. The towers are lined with chromium, which has led to the creation of a mile-long, underground chromium deposit that now threatens an aquifer, drinking water, and tribal lands. High levels of chromium can cause cancer. To neutralize this contamination will cost hundreds of millions of dollars. RT 2016 May 4 (Story)

Detroit: Nearly three years following the city’s record-setting bankruptcy, residents face a continuing and growing crisis over lack of money. City officials say they must turn off water service to as many as 20,000 households that have failed to pay their water bills. If that’s not cataclysmic enough, for a second straight day, nearly all public schools were closed after teachers called in sick in a wage dispute. 47,000 students have no school to attend. CBS News 2016 May 3 (Story)

The Johnson & Johnson company was hit with a $55-million judgment based on evidence that its talcum powder was a primary cause of the plaintiff’s cervical cancer. This follows a similar jury verdict in February for $72-million in the case of another woman who had cervical cancer and died from it. The company denies responsibility, but an expert witness said that there have been 20 studies that indicate talc is carcinogenic. There are more than a thousand more cases pending. CBS News 2016 May 3 (Story)

A class-action lawsuit for false advertising has been filed against Quaker Oats after traces of the pesticide glyphosate were found in samples of oatmeal. The complaint is not that the levels were thought to be dangerous, but that the company was not telling the truth when it labeled the product as 100% natural. Glyphosate is the active ingredient in Monsanto’s weed-killer, Roundup. Plaintiffs are seeking refunds and asking PepsiCo (Quaker’s parent company) either to reformulate the product or disclose the presence of glyphosate in it. Eater 2016 May 2 (Story) (Cached)

US Senator Charles Schumer is calling for a federal probe into the practices of a billboard advertising company that uses electronic devices inside its billboards to extract data from the smartphones of people walking or driving by. The company says it gathers no information about their identities, just their purchase and travel patterns. Critics, however, point out that it is an easy matter to merge this information with data obtained from other sources to discover personal identities. IB Times 2016 May 2 (Story) (Cached)

A new anti-ISIS coalition that you won’t believe. It consists of Israel, Egypt, and Hamas, a militant group that violently opposes Israeli occupation of Palestine. Ironically, Israel was instrumental in the creation of Hamas. Hot Air 2016 May 2 (Story) (Cached)

NATO will send four battalions of ground troops, a force of about 4,000 soldiers, to the Russian border along the Baltic. Troops are to be deployed in Poland and around the former Soviet states of Lithuania, Latvia, and Estonia. Western media are following the Pentagon script that NATO is merely responding to the threat of a Russian invasion of Eastern Europe. AntiWar 2016 May 1 (Story) (Cached)

US: The House Armed Services Committee approved an amendment to the National Defense Authorization Act that now requires women to register with the Selective Service. If Congress brings back the draft, women will be conscripted the same as men. Some people support the draft in hopes that it will cause opposition to aggressive wars. However, Ron Paul argues that this will not happen until people recognize and reject the war propaganda from the military-industrial complex and mainstream media. RPI 2016 May 1 (Story) (Cached)

Zwickau, Germany: Angry protesters shut down the pro-refugee speech of Federal Justice Minister Heiko Maas and then chased him into the streets. The leftist leaders who opened Germany’s borders are complaining that the speaker’s right to free speech was violated. However, Maas, himself, is an advocate of censorship laws that classify opposition to mass immigration as “hate speech” and, for that, he demands persecution, fines, and jail-time. Information Liberation 2016 May 1 (Story) (Cached)

Kunduz, Afghanistan: The US military bombed a ‘Doctors Without Borders’ hospital in October, 2015, killing 42 people. Initially, the government denied the charge but, later, changed its story and blocked an independent investigation. It now says it was a tragic accident. The Intercept 2016 Apr 29 (Story) (Cached)

Aleppo, Syria: A ‘Doctors Without Borders’ hospital was bombed last week, killing at least fourteen people, including three doctors. Rebel groups, backed by the US, blamed the attack on Syrian or Russian forces, but are not sure which. Russia denies involvement, and Syria has nothing to gain from such an attack. This appears to be part of an ongoing false-flag operation in which the only benefit is to blame the attacks on one’s enemy so as to engineer public opinion. RT posted 2016 Apr 30 (Story) (Cached)

San Francisco: Anti-Trump demonstrators blocked traffic, forcing Trump to enter the Republican venue from the rear, and then they tried to storm the hotel to prevent him from delivering his speech. NBC News 2016 Apr 30 (Story) (Cached)

The Anti-Defamation League urged Trump to stop using the phrase ‘America First’, claiming it has anti-Semitic roots tracing back to Charles Lindbergh, who the ADL described as a Nazi supporter. InfoWars 2016 Apr 30 (Story) (Cached)

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ANALYSIS

News and commentaries that reveal historical facts and trends that place current events into perspective and make it possible to anticipate future events.

 

Yikes! Goldman Sachs is offering investment opportunities in space that include militarizing the new frontier. Want to get in on space wars? What a growth opportunity! Don’t wait. Act now! RT 2016 May 5 (Story)

Edward Snowden warns against solar-powered drones that can stay in the air for weeks tracking the movements of, not just individuals, but whole populations. He says that government can reduce our dignity to that of tagged animals by tracking our mobile devices. Drones will be used in war zones at first, but surveillance technology will follow us home. RT 2016 May 4 (Story) (Cached)

Insurance companies participating in Obamacare are set to collect $5 billion in taxpayer bailouts in spite of the fact that Congress passed a law in 2014 that expressly forbids it. Obama’s attorneys devised a scheme in which insurance companies were invited to sue the government for their losses. The next step is for the government to put up such feeble resistance that the suits undoubtedly would be decided in favor of the insurance companies. The final step is for the government to pay the settlements which, although they would be equal to the amount of a bailout, would be classified for accounting purposes as legal settlements instead. If Congress and the public allow this scheme to succeed, Congress will no longer have control over government expenses. CNS News 2016 May 3 (Story) (Cached)

Private commandos were hired to break into a Midwestern electrical-grid station and then hack into its network for full access to the system. The purpose was to test the facility’s security, and it found it was surprisingly easy to take control of the grid and, if desired, take it down. Business Insider Posted 2016 Apr 30 (Story)

WHO SAID THAT?

“Power concedes nothing without a demand. It never did and it never will. Find out just what any people will quietly submit to and you have found out the exact measure of injustice and wrong which will be imposed upon them, and these will continue till they are resisted with either words or blows, or both. The limits of tyrants are prescribed by the endurance of those whom they oppress.”

Click here for the answer.

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HUMOR

Need to Know is as serious as it gets, but laughter is good for the soul and helps to keep our equilibrium amid the chaos. So, here are quips, gags, and images to put a smile on your face. If you have some you would like to share, please send them here.

The reason politicians try to get re-elected is they couldn’t make a living under the laws they passed.

The funny thing about what follows is that someone took the time to compile it:

Stewardesses is the longest word typed with only the left hand, and lollipop is the longest word typed with your right hand.

No word in the English language rhymes with month, orange, silver, or purple.

Dreamt is the only English word that ends in the letters mt.

The sentence: “The quick brown fox jumps over the lazy dog” uses every letter of the alphabet.

The words racecar, kayak, and level are the same whether they are read left to right or right to left (palindromes).

There are only four words in the English language that end in “dous”: tremendous, horrendous, stupendous, and hazardous

There are two words in the English language that have all five vowels in order: abstemious and facetious.

Typewriter is the longest word that can be made using the letters only on one row of the keyboard.

February 1865 is the only month in recorded history not to have a full moon.

The cruise ship QE2 moves only six inches for each gallon of diesel it burns.

The winter of 1932 was so cold that Niagara Falls froze completely solid.

Women blink nearly twice as much as men.

All the ants in Africa weigh more than all the elephants!

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READERS’ FORUM

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THE GOAL IS MONEY, NOT CURE
posted 2016 May 5 from Olo
Suspend disbelief for a moment. I have been studying these methods for 10 years now, particularly in the web page www.cancertutor.com, which is a must Text Book for anybody who wants or needs to know other methods to cure cancer. They empower every person to do much more than the traditional methods. Why traditional medicine and government do not make this available to you? Very simple, the income of the medical establishment due to cancer would fall by about 80 or 90 % … no more lavish life styles if people can cure themselves. But it is not only a matter of cost … it is a matter of survival and not suffering with the treatment.

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HEALTH STARTS WITH A PHILOSOPHY
2016 May 4 from Bert Maupin
Mr. Griffin: As I see it, the basis of health is a proper philosophical outlook. Our youths must be made aware of the gifts they have been given. The gift of a fantastic thing called a human body; the gift of a beautiful earth and all it contains; and the gift of twenty four hours each day. The proper response to be given gifts is appreciation. But too many only use their gifts for their own titillations and ego service; and they/we reap the consequences.

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NEED TO KNOW

Being informed is not enough. Knowledge, by itself, is not power, but it holds the potential for power if we use it as a guide for action. Truth always will be defeated by tyranny unless we are willing to step forward and enter the battle. The future belongs, not to ideas, but to people who act on those ideas. If you truly want to make a difference in the world, Freedom Force International awaits you.

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Frederick Douglas
Born a slave, became an American abolitionist, social reformer, orator, and writer. 1817 – 1895

“Power concedes nothing without a demand. It never did and it never will. Find out just what any people will quietly submit to and you have found out the exact measure of injustice and wrong which will be imposed upon them, and these will continue till they are resisted with either words or blows, or both. The limits of tyrants are prescribed by the endurance of those whom they oppress.”

 

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