Dazed and confused? That's because you're being mugged.

by Simon Davies and Donald Hunt at SOTT

Excerpts:

What is important is that we understand that we are in a controlled Phase Transition. It may seem chaotic to us but there is an underlying order to it. We are being taken to a new economic phase or Economic Order. The separation between the state and big business is long gone, we find ourselves with increasingly narrow options as our environment changes around us in ways increasingly unfamiliar. We have to apply ourselves in seeking to understand as exactly as possible the new economic environment so as to be better able to navigate our way through it.

We are moving, without doubt, towards totalitarian government first on a national, then regional and ultimately global scale. Totalitarianism has to be resisted on the street, in the market place and in our hearts and minds. Protest is crucial to resistance for it shows us that we are not alone. Similarly economic boycotts at an individual level seem as a drop in the ocean but when added together the economic actions we all take are the economy; if we all boycott a country's products then there will be no market for them; if we all take our bank deposits from the banks there will be a real banking crisis.

and...

We don't have the data access, resources or tools to prove what is happening but if our hunch is right then we have an extraordinary situation. The Fed is having the US government borrow vast sums through the issuance of Treasury Securities issued to the Fed by the government in exchange not for cash but for a data entry in the government's accounts with the Fed, the Fed then takes this non-cash money, this data entry, from the government's account and credit's it to the accounts of it's crony banks who immediately give it back to the Fed in exchange for the Treasury Securities issued by the government to "fund" the injection into the banks. So the US government runs up vast debts, the banks get to rebuild their balance sheets and, to the extent this is fully mirrored at all levels, absolutely no money goes into the economy whatsoever. America is being scammed and, ironically, Obama's "tough restrictions may only exacerbate the scam.

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