War Without Bullets



Everybody is aware that the United Nations is attempting to execute a worldwide ban on guns and that our Second Amendment right to keep and bear arms is under threat. In Idaho, one of the questions on the ballot Tuesday before last, was an amendment question concerning hunting and fishing and whether or not we wanted to keep our traditional laws concerning these activities. Today in the Senate, Senator Jeff Sessions spent about a half an hour talking about an amendment to a piece of legislation that would allow a Department of the Interior official to set the price of duck stamps and probably big game tags with no limits or controls on their actions concerning prices. This is an amendment to a piece of legislation that supposedly expands hunting and fishing rights on federal lands. Plain language - it's a trick and I wonder how many hunters and fishermen know of or understand that these actions are an end-run attack on outdoor sports and the use and enjoyment of our natural resources. This agenda is no doubt driven by United Nations Agenda 21- the attempt to control and prohibit the use of all natural resources.

Setting up the situation in which hunters can be priced out of the sport is an indirect attack on Second Amendment gun rights designed to reduce the number of gun owners and people interested in guns. Reduction in the numbers of a special interest group reduces the political and economic power of the interest group. This is an example of indirect, intellectual warfare -- war without bullets. Brains will win over brawn every time - over time.

On another front in the intellectual war, the Committee on Financial Services released their full report on the MF Global bankruptcy and theft of funds (they say "missing funds" - but it's the same thing). C-Span carried the press conference with Rep. Spencer Bachus giving the report. It's worth listening to and then asking why the Congress is allowing the thieves to continue stealing. The following is an excerpt from the press release issued by Chairman Spencer Bachus:

“Choices made by Jon Corzine during his tenure as chairman and CEO sealed MF Global’s fate,” Chairman Neugebauer stated. “Farmers, ranchers and other customers may never get back over $1 billion of their money as a result of his decisions. Corzine dramatically changed MF Global’s business model without fully understanding the risks associated with such a radical transformation.”



.... “By expanding MF Global into new business lines without first returning its core commodities business to profitability, Corzine ensured that the company would face enormous resource demands and exposed it to new risks that it was ill-equipped to handle,” the subcommittee report states.



In order to generate the revenue needed to fund MF Global’s transformation, Corzine invested heavily in the sovereign debt of struggling European countries. These investments, which carried enormous default and liquidity risks, were a “prime focus” of Corzine’s attention and he failed to develop a corporate strategy for managing the risks, the subcommittee majority staff found. ... In addition, the subcommittee’s report reveals that Corzine acted as MF Global’s “de facto chief trader” and insulated his trading activities from the company’s normal risk management review process. This enabled Corzine to quickly build the company’s European bond portfolio “well in excess of prudent limits without effective resistance.”



Rather than hold the European bonds on MF Global’s books, which could expose the company to earnings volatility, Corzine chose to use these bonds as collateral in repurchase-to-maturity (RTM) transactions. This permitted the company to book quick profits while keeping the transactions off its balance sheet.





Jon Corzine was a Co-Chairman of Goldman Sachs who then became a Senator and then Governor of New Jersey.

What Corzine was doing with other people's money was waging war on the people of Europe using intellectual weapons in the form of Bonds and the Bond market which is the mechanism for financing infrastructure. A few days ago, C-Span broadcast a meeting of the European Parliament in which Angela Merkel addressed the members. The subject was the eurozone financial crisis - which means - and this was stated by one of members during the comment session, that the underlying problem is Bonds and the inability to pay the investors. If you remember some months ago, investor vultures were attempting to take possession of the Greek Isles in lieu of payment of Greece's debt.

A very important footnote in this story of Goldman Sachs and the attempt to take down the world, is the fact that it was Jacques De Lors, who first proposed using the Bond Market to finance Europe-wide infrastructure projects to build support for the final steps towards creating the European Union. You can read about it HERE and in several other places on my website.

In our country, I kind of stumbled into Goldman Sachs financing of "economic development" when I was asked to try and find out why a new housing development was being built in Star, Idaho when there was no market for the homes and no infrastructure to support the homes. I had a hunch that it had to do with Agenda 21 but it was based more on circumstantial evidence than hard evidence. It was a complex story that I couldn't finish at the time because it was just too much to digest so I did a timeline. One section off the timeline is devoted to the financing for "economic development" which was actually driven by the federal government, Economic Development Administration facilitating Robert Rubin's "New Markets Tax Credit Program". When the subprime market meltdown occurred, I realized the connection so I captured as much information as I could. I believe it has now pretty much disappeared off the internet because I had to go to the archives to capture these. Take a look at these:

New Markets Tax Credits. And See page 8.

Community Reinvestment Funds - presented to the Federal Reserve Bank in Syracuse, NY

Community Reinvestment Collaboration - Goldman Sachs Community Development Conference

Building homes where there is no market and selling them to people who can't afford them doesn't make economic sense and businessmen don't do things that don't make economic sense. Taking a step down look at the situation, building homes and new businesses requires what? New Infrastructure. Cities finance new infrastructure with what? Municipal Bonds.

We know that our cities and states are looking for foreign direct investment for infrastructure because we saw it with Cintra and the Trans-Texas Corridor, in Colorado with the Public Highways Authority and their toll roads, and Butch Otter, Governor of Idaho with his Project 60 seeking Communist Chinese investors in Idaho in an area called "The CORE" - a new business area where buildings were built but not occupied. And just a few days ago, the Chief Economist for the U.S. State Department (why does the State Department need an economist?) said in a panel discussion presented by the World Affairs Councils of America, that she is busy looking for foreign direct investment for the U.S. - no doubt looking for that red money from Asia.

Cities and states are desperate for money because the accession to the World Trade Organization (WTO) transferred economic sovereignty to them - the WTO. It also caused an exodus of manufacturing and professional services companies to low wage "developing countries". None of that made any economic sense for the United States. There was a different agenda at work. Agenda 21.

Herr Henry Paulson, former CEO of Goldman Sachs was the Treasury Secretary at the time of the subprime meltdown arranging for the taxpayers to pick up the bad debt from the banks. What this means is that the taxpayers get a double whammy - they pick up the debt for the non-economic construction and then the taxpayers get to keep paying on the bonded debt to pay for infrastructure created by the same non-economic construction. Brilliant.

The Great Swindle

TIME Magazine bio on Henry Paulson

The Bird Watching Businessman

Los Angeles Times

October 28, 1989

Michael Parrish, Times Staff Writer

COLUMN ONE: Making it Pay to Conserve : Money talks louder than force argues a new breed of environmentalist. The best way to preserve a resource may be to give it to people who have a stake in it.

"We probably have taken the regulatory system, what we call the command and control system, about as far as we can take it," said former U.S. Environmental Protection Agency Administrator William D. Ruckelshaus. "If we're really going to make additional progress, we have to figure out how to get the economic incentives in line with our environmental goals."

The "economic incentives" to conserve and preserve are to price us out of the market - and their method of doing that is through ownership of the bonds used to finance infrastructure, followed by the control of that infrastructure through takeover when they can't be repaid because our real economy has been destroyed through global "free trade".

Vicky Davis

November 15, 2012

Case in point - Twin Falls, ID

Clinton's initiative to lower the allowable level of arsenic in the water (a small amount is natural and not harmful) caused small towns all over the country to desperately seek money for water treatment facilities. My water bill has an $11.00 surcharge on it to pay for this unnecessary treatment of the water. I know that it's unnecessary because I play cards with people in their 80's and 90's who have lived most of their lives here - and nobody ever died from the water.

We also have a new "business" in town. AgroFarma, a business started in New York wanted to build a yogurt factory here. The name of the yogurt is Chobani and the CEO, Hamdi Ulukaya is from Turkey. This yogurt factory (I'm not a fan, but people who are tell me its horrible), required new infrastructure to be built - in particular, a wastewater treatment facility. Here is the deal sheet provided by the City of Twin Falls. You'll notice that AgroFarma, "the Client" put in $18,000 for it and he was given a Tax Increment Financing Loan for the rest. TIF loans are to be repaid with future tax revenues which of course assumes that the business will be a viable business "some day". The taxpayers of Twin Falls will pick up the balance of the infrastructure costs - on the promise of new jobs (note: see tax credits for "new jobs created" paid for by Idaho State taxpayers).

Deal Sheet Public Records for Chobani Yogurt

And already, AgroFarma is unable to meet their obligations concerning payments to the Urban Renewal Agency. This is just the first warning bell.

Something very interesting about AgroFarma is that not only was the CEO not "investment grade", but he built milk and yogurt production facilities within about 30 miles of each other in small towns in New York. I don't care how much hay seed you have in your hair, that doesn't make sense. I didn't finish this story because I got sidetracked with Smart Meters but here is a timeline of AgroFarma and a map of the area where these "yogurt production facilities" in New York are located.

AgroFarma Timeline

New York area map where multiple "yogurt production facilities" were built by AgroFarma.

Minutes from the November 5th City Council meeting. Chobani is requesting the creation of a Local Improvement District to provide "security" for Zion Bank in order for them to underwrite TIF bonds for infrastructure improvements. See page 13. Excerpt - keeping in mind that Chobani only kicked in $18,000 for infrastructure as documented in the Deal Sheet. Also, Zion bank is the Morman bank:

Since the announcement and execution of the Development Agreement, Chobani has been covering the upfront costs of the improvements by providing advances to the Agency. This short term financing has allowed the City and the Agency to make the improvements prior to the development and creation of a long-term funding solution being in place.



On October 22, 2012, the City Council received a petition from Chobani requesting the formation of a modified local improvement district. The creation of the local improvement district will provide the security required by Zion’s bank for them to underwrite the TIF bonds. The LID recognizes that improvements to the sewer system, water system, related utility extensions, road and other facilities and related improvements are necessary and beneficial. In a modified LID, the improvements extend beyond the LID boundary. The improvements outside of the LID boundary include the water system improvements, waste water system improvements, roadway improvements, and utility system improvements. These improvements will benefit more than the 20 ± acres being considered for the LID, as requested by Chobani.



In addition, on October 22, 2012, the City Council adopted Resolution No. 1895 declaring the intention of the City Council to create the LID for the purpose of acquiring, constructing and installing various public infrastructure improvements needed to support the Chobani’s expansion to Twin Falls. The Resolution passed by the City Council established that a public hearing would be held on November 5, 2012. The purpose of the public hearing is to provide an opportunity for the public to voice their thoughts on the creation of the LID. It is important to note that Chobani is the only property owner that is impacted by this decision.

So already, Chobani wants to expand and they are going for more money. The reason I know about this is because an alert Twin Falls resident sent me a link to this page with a note saying.... I can't afford any more water increases.... and neither can I.



November 13, 2012

Twin Falls City Council Seeks Applicants for Citizen Advisory Committee on Infrastructure



The Twin Falls City Council on Tuesday announced that it will organize a citizen advisory committee, which will guide the City of Twin Falls toward an ambitious plan to address significant wastewater and water infrastructure challenges.



The City of Twin Falls has outgrown its current wastewater and water facilities, which treat wastewater and deliver potable water to residents and businesses. The City is now at a critical juncture where it cannot handle substantial residential, commercial and industrial growth without expanding the facilities.



“We need to move on this as quickly as possible,” said Greg Lanting, Twin Falls City Mayor. “We are turning businesses and jobs away because we can’t provide the wastewater capacity that they need.” The Twin Falls City Council will select numerous community members to serve on the committee, which will have a critical role in working with city council and staff to address infrastructure inadequacies and explore possible funding solutions. The City is currently conducting a comprehensive and in-depth study of its wastewater and water facilities, which will provide the committee with detailed information about current and future needs. The committee will be asked to use that information as well as input from the community to find possible solutions to the wastewater and water infrastructure issues. “It became real for me when I was meeting with a large employer in Twin Falls that asked if they could do a pretty significant expansion,” said Greg Lanting, Twin Falls City Mayor. “We had to stand there and tell them ‘no’ because we don’t have the wastewater capacity.”



And that's how it's done. "War in the Context of Everything Else".

Vicky



