This analysis sums up the global Central Bank financial model dynamics that led the world into the Great Financial Crisis of 2007-2012.

Financial Blogger, Matt Taibbi (TAIBBLOG – May 8, 2012):

1. Let banks inflate massive asset bubbles with the aid of cheap or even free government cash, and tons of leverage;
2. Before it all explodes, carve out gigantic sums for bonuses and compensation for the companies that inflated those bubbles;
3. After it explodes, get the various governments to bail those companies out;
4. Pay for it all by slashing services to what’s left of the middle class.

This is the model we used in America. We had a monster asset bubble based on phony mortgages, which Wall Street was allowed to inflate to spectacular dimensions with minimal reserve capital, huge amounts of leverage, and tons of fraud for good measure. When that bubble exploded, we first rescued the banks who inflated the thing in the first place…

Source: http://www.rollingstone.com/politics/blogs/taibblog/austerity-cant-be-a-one-way-street-20120508#ixzz1uZKHj700

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America needs to rebalance the financial system with a powerful new economic acceleration dynamic – one that regenerated economic vitality at ground level.

America needs an economic plan that replaces growing government debts with massive government surpluses, reignites powerful and sustainable economic growth, and restores financial health to main street America.

The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens.  It is a comprehensive plan with long-term economic and social benefits for citizens and government.

The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$75,000 per U.S. citizen  –  Leviticus 25 Plan 2018 (2898 downloads)

The Council on Foreign Relations, founded in 1921, is a non-profit American organization, populated with senior government figures and politicians, bankers, lawyers, intelligence officers, and other from the elite class.  With offices in New York and Washington, D.C., it is viewed as the nation’s “most influential foreign-policy think tank.”

Four short years ago, this august body proposed a radical idea to reset the …

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Seeking Alpha / Sep 2, 2014  5:55 AM ET – Excerpts

When an article appears in Foreign Affairs, the mouthpiece of the policy-setting Council on Foreign Relations, recommending that the Federal Reserve do a money drop directly on the 99%, you know the central bank must be down to its last bullet.

The September/October issue of Foreign Affairs features an article by Mark Blyth and Eric Lonergan titled “Print Less But Transfer More: Why Central Banks Should Give Money Directly To The People.” It’s the sort of thing normally heard only from money reformers and Social Credit enthusiasts far from the mainstream. What’s going on?

The Fed, it seems, has finally run out of other ammo. It has to taper its quantitative easing program, which is eating up the Treasuries and mortgage-backed securities needed as collateral for the repo market that is the engine of the bankers’ shell game. The Fed’s Zero Interest Rate Policy (ZIRP) has also done serious collateral damage. The banks that get the money just put it in interest-bearing Federal Reserve accounts or buy foreign debt or speculate with it; and the profits go back to the 1%, who park it offshore to avoid taxes. Worse, any increase in the money supply from increased borrowing increases the overall debt burden and compounding finance costs, which are already a major constraint on economic growth.

Meanwhile, the economy continues to teeter on the edge of deflation….

Source:  https://www.foreignaffairs.com/articles/united-states/2014-08-11/print-less-transfer-more

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The Council on Foreign Relations (CFR) is headed in the right direction.  However, their proposal does provide the full power needed to eliminate massive quantities of debt, generate government surpluses, and restore economic liberty in America.  The CFR plan also does nothing to free people from the heavy hand of government in controlling and restricting them in managing their daily affairs.

The Leviticus 25 Plan does restore economic liberty in America, and it frees people from oppressive government programs that actually keep them in poverty and servitude.

The Leviticus 25 Plan would effect wide-scale debt elimination at the family level, thereby helping to insulate millions of Americans from potentially devastating effects of another severe economic contraction.

The Plan would eliminate massive government restrictions and control over healthcare, and replace it with individual control  and consumer choice in healthcare access.

The Leviticus 25 Plan would balance the federal budget – immediately, and annually for each of the first five years after enactment.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$75,000 per U.S. citizen  –  Leviticus 25 Plan 2018 (2893 downloads)

Currently in the U.S., 114.8 million Americans (~36%) are dependent, in one form or another, on monthly means-tested welfare subsistence.

No one in government – not one single person – has any type of politically viable plan, whatsoever, to break this cycle of government dependency.

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Majority Of Young Americans Live In A Household Receiving Welfare

ZeroHedge,  Aug 24, 2018  – Excerpts:

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America needs an economic plan that will provide a helping hand ‘up’ out of poverty – for those with an honest desire for a better life.

The Leviticus 25 Plan is the only politically viable plan with the power to re-incentivize work, reward industriousness, and break the government-dependency cycle.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$75,000 per U.S. citizen – Leviticus 25 Plan 2018 (2878 downloads)

Global Central Banks are running a racket… and ripping off citizens, worldwide.

The Swiss National Bank now owns a massive portfolio of U.S. stocks – which currently generates “over $1 billion worth of dividends, or as @SheepleAnalytics notes, “they print money and we ship them our profits.”

U.S. citizens, meanwhile, have to make stock purchases the old-fashioned way – with funds that were gainfully acquired.

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The Swiss National Bank Now Owns $87.5 Billion In US Stocks After Q2 Tech Buying Spree

ZeroHedge, Aug 9, 2018 – Excerpts:

In the second quarter of 2018…  another central bank buying spree meant to boost confidence that things are now ba ck to normal, using “money” that was freshly printed out of thin air, and spent to prop up risk assets around the world by recklessly buying stocks with no regard for price or cost.

Nowhere was this more obvious than in the latest, just released 13F from the massive hedge fund known as the “Swiss National Bank.” What it showed is that, just like in the prior quarter, and the quarter before that, and so on, the Swiss central bank went on another aggressive buying spree and following a modest selloff in the first quarter which was a mirror image of the SNB’s buying spree during Q1 2017 – the Swiss central bank boosted its total holdings of US stocks to $87.5 billion, up 6.6% or $5.4 billion from the $82.0 billion at the end of the first quarter, and just shy of their all time high.

On a share basis, the SNB added some 33.659 million shares to its total holdings of US stocks, which at the end of Q2 stood at 1.320 billion.

Some notable observations: in the second quarter, after the SNB printed money out of thing air, it then added 4.85 million shares of AT&T, 673K shares of MSFT, 305K shares of AAPL, 272K shares of FB, 46K shares of AMZN, 423K shares of XOM. And according to some calculations, the SNB’s portfolio now generates over $1 billion worth of dividends, or as @SheepleAnalytics notes, “they print money and we ship them our profits.”

While we are far beyond the point of debating central bank intervention in equity markets (we do want to remind readers that until several years ago, it was considered “fake news” to even mention it, and those who accused central bankers of manipulating stock markets were said to be paranoid tinfoil basement dwellers), we want to point out that unlike the BOJ, which at least keeps its capital markets distortion local, the SNB, which likewise creates money out of thin air (then sells it for dollars in an attempt to keep the Swiss franc depressed) is actively causing substantial price distortions in the US while collecting billions in annual dividends from US corporations which are then remitted to various Swiss cantons and regional governments to fund local growth.

While we doubt this will be investigated with stocks at all time highs, we look forward to the Congressional hearings after the crash when the scapegoating and fingerpointing begins as it always does, and everyone is “stunned” to learn that central banks were responsible for blowing the biggest asset bubble the world has ever seen by directly buying stocks.

What else did the SNB reveal in its 13F? Two main things:

First, its top 20 holdings are as shown in the following chart. The central bank was clearly not shy in adding to its top positions. And more notably: it was most aggressive in adding to tech names, just in case there is still confusion why with the rest of the stock market flat YTD, it was tech names that drove the S&P500 higher.

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The Swiss National Bank gets to create ‘fake money’ to purchase U.S. stocks – and ‘suck’ over $1 billion in annual dividends out of our markets – to distribute to their own citizenry.

And, U.S. citizens sit on the sidelines and watch.

The U.S. Federal Reserve can take a big step toward leveling the playing field by granting direct liquidity extensions to U.S. citizens, in similar fashion to what they provided as bailouts Wall Street’s financial sector 2007-2010.

The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens.  It is a comprehensive plan with long-term economic and social benefits for citizens and government.

The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

Leviticus 25 Plan 2018 (2869 downloads)

The Leviticus 25 Plan provides the mechanism for a $75,000 credit extension to each U.S. citizen who wishes to participate.

One of the ‘recapture’ provisions for participants in the plan is an agreement to opt out of receiving benefits from ‘Income Security’ social programs. The Earned Income Tax Credit is (EITC) one of those programs.  Payments are currently running at approximately $55 billion / year.

And this Income Security program is riddled with overpayment fraud.

The Earned Income Tax Credit (EITC) program has been “plagued with “improper payments” for years — decades actually (American Thinker – Henry Percy, April 26, 2013).  “The General Accounting Office (GAO) verified the vast scale of the fraud… estimated [to be] between 27 and 32 percent of EITC dollars claimed.’”

The “IRS overpaid Earned Income Tax Credit by at least $110.8 billion” during the years 1999 – 2008, according to a recent Treasury Department inspector general report. Source:  NetRightDaily.com: http://netrightdaily.com/2013/04/irs-overpaid-earned-income-tax-credit-by-at-least-110-8-billion-since-2000/#ixzz2dE6cUTZk

According to an inspector general’s report, at least, 21% of EITC payments in 2012 were “improper” ($11.6 billion), by far the highest fraud rate in any government entitlement program.

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The Leviticus 25 Plan would set America on course for getting government out of the business of administering massive fraud-riddled social programs.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$75,000 per U.S. citizen  –  Leviticus 25 Plan 2018 (2863 downloads)

During the Great Financial Crisis, the U.S. Federal Reserve was blow-hosing trillions of dollars out to a sinking Wall Street financial sector – to include foreign banks. These were the very Wall Street financial institutions that precipitated the crisis with their financial innovation schemes and high-stakes leveraged speculation gambits.

And… U.S. citizens got left holding the bag.  Millions of citizens lost employment, and millions of families lost their homes to foreclosure.

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‘Crashed’ Review: The Trouble Is Trans-Atlantic – WSJ

Aug 7, 2018 – Excerpt:

Between 2008 and 2010, as the Fed purchased massive quantities of mortgage-backed securities, 52% of its purchases were from foreign banks, mainly European, which desperately needed the Fed’s dollars to meet their commitments. The Fed also signed swap agreements that gave foreign central banks almost unlimited access to dollars that they could then use to aid troubled commercial banks. “The Fed, without public consultation of any kind, made itself into a lender of last resort for the world” …

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It is now time to level the playing field, and grant U.S. citizens the same access to liquidity that was provided to major U.S. and foreign financial institutions.

The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens.  It is a comprehensive plan with long-term economic and social benefits for citizens and government.

The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

Leviticus 25 Plan 2018 (2859 downloads)

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Central Banks transfused the global financial markets with trillions of dollars in direct liquidity transfers and credit guarantees during the financial crisis.  These ‘extraordinary measures’ did nothing to provide long term strength and stability to global economies.

The world is eyeball-deep in debt.  Global economies are fragile.

The clock is ticking again for a major blow-up…

There is an answer to this quagmire…

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“There’s No Way To Make This Work” Martenson Warns “A Big Reset Is Locked In”

ZeroHedge, Jul 28, 2018  – Excerpts:

Chris Martenson “Here’s why people need to be concerned. Credit cycles, when they blow up, are really, really destructive…”

“2008 to 2009 was very destructive. Instead of realizing the error of their ways, they went for a third. This is the most comprehensive credit cycle that we have seen. Remember, bubbles have two things that they need. Number one, a good story that people can believe in and, of course, it’s a false story. Number two, ample credit. That’s what the Fed and central banks of Japan and Europe have done. They just flooded the world with credit. Now, we have bubbles everywhere. When these burst, it will be the worst bursting in anybody’s lifetime because we have never seen anything like this.”

[A debt reset is locked in, and somebody is going to pay].

“When you have as much debt that the United States has… the overall debt level in the United States, including auto loans, mortgages, consumer debt, student loans and corporate debt and whatever, we’re sitting at about $60 trillion right now. It’s a huge number, and when you get to this level of indebtedness, plus those unfunded or underfunded liabilities…when you get to this level of indebtedness, there is really only one question left to be resolved, and that is who is going to eat the losses. That’s it.

So, when you start asking that question, the banks and people writing the laws are pretty sure they are not going to take the losses. The person relying on the pension is the person that is going to eat the losses. . . . There is no way to make this work. Here’s where the social tension comes in. Even as ordinary middle class people are being destroyed in this process, the rich are taking more and more out of the system. That is courtesy of the policies of the Federal Reserve…

But the big risk is when these printing sprees, these credit cycles finally burst. They are wildly destructive. They are fast. They are hard. They are sharp and they hurt.”

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“Real assets are the place you need to be if and when a paper tower comes crumbling down. I am diversified myself. I believe in land. I believe in real estate. I believe in gold. I believe in silver. I believe in other metals. I believe in these hard assets because this is where we are going to have to hide out because if you held hard assets in Turkey, in Venezuela, in Argentina and in places where the currency collapsed and declined, these would have been great places to be hiding out…

When this worm turns, it’s going to be a lot faster than it has in the past. There is no free lunch, and if you can see that, there is a wealth transfer coming. The wealth transfer is going to have a bright red line, and people are going to get trapped on the side where they hold paper claims, and the people that are going to preserve their wealth are going to be on the other side of the line with their wealth tied up in real things. That’s the period of history that is about to unfold.”

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America needs to get ‘creative’ very soon.  We need an economic plan with with the raw power to insulate U.S. citizens from the blow-back of another economic crisis, eliminate massive loads of public and private debt, reestablish free market dynamics, and restore economic liberty.

There is precisely one plan in America that features the type of dynamic leverage needed to restore financial health to citizens, businesses, and government entities.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$75,000 per U.S. citizen:  Leviticus 25 Plan 2018 (2850 downloads)

“Central bank policies of QE, NIRP, ZIRP have unquestionably exacerbated the gap between Wall St & Main St in past decade.”  – Michael Hartnet, Bank of America

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BofA: Central Banks Have Unquestionably Exacerbated The Gap Between Rich And Poor

 ZeroHedge, Jul 20, 2018 – Excerpts:

In his latest weekly Flow Show, BofA’s Michael Hartnett touches on a familiar topic: the rise of global populism and where it ultimately ends: “the end of central bank independence“, which he calls the ultimately populist policy.

Confirming something we have said since inception and explaining – once again – the advent of such phenomena as Brexit, the European backlash against immigrants, and of course, Donald Trump, the BofA strategist writes that “central bank policies of QE, NIRP, ZIRP have unquestionably exacerbated the gap between Wall St & Main St in past decade.”

Meanwhile, the wealth gap continues and in the latest quarter the US private sector financial assets are now 5.5x greater than US GDP, an all-time high, with the bulk of said financial assets held by a tiny fraction of the population.

With the great divide between the haves and have nots continuing to grow – despite the election of numerous populist leaders in nations around the globe, most recently Malaysia, Austria, and Mexico – BofA warns that the inability of monetary & fiscal policy, global synchronized recovery, and record corporate profits to create sustained wage growth, investors must discount more protectionism, redistribution & ultimately debt monetization via central banks in coming years… all trends that a recession would dramatically accelerate.

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it is a very simple process to re-stabilize the system and grant citizens the same access to (free money) liquidity that the Fed provided to Wall Street’s financial sector during the economic crisis 2007-2010.

The Leviticus 25 Plan dissolves massive quantities of ground level debt in the U.S., generates $1.057 trillion federal government surpluses each year for the next five years, generates massive tax revenue growth for state and local governments, re-ignites economic growth, stabilizes the banking sector, restores citizen-centered healthcare market dynamics, and restores economic liberty in America.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

Leviticus 25 Plan 2018 (2848 downloads)

Central Banks opened up the liquidity floodgates during the 2007-2010 financial crisis, rescuing scores of major financial institutions and their ‘ultra-wealthy’ executives in the process.

Their efforts unfroze markets, filled massive ‘capital holes’ in the banking system, and provided short-term stability.

Their efforts did nothing, however, to provide longer-term health and stability to global economic systems.  Global debt is snowballing.  Debt service obligations are suffocating economic growth.

It is time for a change…

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‘Unelected Power’ Review: Monetary Mavericks – WSJ

The lesson of the past decade is that this promise is a lie.

The developed world’s four major central banks—the Fed, the Banks of England and Japan, and the European Central Bank—have executed a series of extraordinary policy maneuvers to rescue us from the 2008 financial panic, with debatable success. These include ultralow or negative interest rates; the purchase of sovereign debt in mind-boggling quantities; forays into commercial debt, equity and real-estate markets; and ventures into mortgages, small-business loans and other similar instruments.

Central banks have also taken on vast new supervisory powers over the financial system. Each of these measures has had profound effects on our economies: debtors win, savers lose; large, bond-issuing companies get credit, smaller firms don’t; owners of assets accumulate wealth, wage earners see their salaries endangered by inflation. Such distributional choices are normally left to elected leaders, but no one elects a central bank.

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The Central Banks ‘did what they thought they had to do’... to provide liquidity to rescue the global financial system – and restore global financial institutions to a state of  “financial health.”

In the process Central Bank lifelines bailed out Wall Street Financial institutions that had engaged in reckless leveraged speculation.  In other cases, certain institutions were engaging in rate fixing in the LIBOR and Foreign Exchange (FX) markets, at the same time they were being ‘transfused’ by the Central Banks.  Various institutions were engaged in fraudulent mortgage application filings.

It is now time for the Fed to grant U.S. citizens – who did not engage in reckless leveraged speculation, or rate fixing in the LIBOR and Foreign Exchange (FX) markets, or fraudulent mortgage application filings – the same access to liquidity that was granted to Bank of America, Citigroup, Goldman Sachs, JP Morgan, State Street, Morgan Stanley, Wells Fargo, Lehman, Merrill Lynch, and financial behemoths like Deutsche Bank, UBS, Barclays, Royal Bank of Scotland… and many others.

Now is the time. The Leviticus 25 Plan – $75,000 per U.S. citizen.

The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens.  It is a comprehensive plan with long-term economic and social benefits for citizens and government.

The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

Leviticus 25 Plan 2018 (2844 downloads)

Global debt sirens blaring.  This is not going to end well.

Deflation pressures will gradually ‘freeze’ the system up, and eventually the Central Banks are going to have no other choice than to open up the liquidity floodgates and re-transfuse the global financial system with trillions of dollars.

Paper (fiat) currency values worldwide will evaporate.

Stay tuned..

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• The Bank for International Settlements, nicknamed the bank for central bankers, said in a report that the ballooning levels of public and private debt are creating a “trap” that would be hard to escape.
• Although higher leverage can boost growth in the short run, it comes at the cost of deeper and longer recessions down the road, the BIS said in its 2018 annual economic report.
• It identified specific pockets of the market that leverage has made vulnerable, including the US commercial-real-estate market.

“In the United States, in particular, corporate leverage today is at its highest level since the beginning of the millennium,” the BIS said, adding that most investment-grade companies are vulnerable to being downgraded.

The BIS also flagged US commercial real estate, where prices have recovered close to pre-crisis highs.

“Values there seem particularly vulnerable to rising long-term yields,” the bank said.

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A global debt crisis… needs a global debt elimination solution

That solution is The Leviticus 25 Plan, and the starting line for this powerful economic acceleration plan is ‘ground level’ debt elimination in the United States of America.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

Leviticus 25 Plan 2018 (2828 downloads)