Friday, February 27, 2015



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     I just called Investment Rarities Incorporated which publishes the James Cook Market Update and asked for permission to reprint a page or two from their copyrighted Late February 2015 issue of this financial newsletter. They said this would be fine with them.  If you like this report taken from several in their latest issue, Investment Rarities Incorporated is located at 7850 Metro Parkway, Minneapolis, Minnesota 55425. Their phone numbers are 800-328-1860  and 952-853-0700. Their Fax is 952-851-873. And their website is I always like reports which show smart brains in national publications.

      This report is telling how America can go bankrupt following the wrong economic advice for America to run itself by. 


     Here's a quote from PayPal founder Peter Thiel's excellent book Zero to One: "If you can identify a delusional popular belief, you can find what lies behind it: the contrarian truth." We are confronted daily with the greatest economic and financial delusion of all time: Keynesian economics. The contrarian truth behind Keynesianism is that it must fail. Government is the greatest advocate of Keynesian economics because it finances government spending. The socialism that's financed and paid for by Keynesian money creation has never worked in history, but has engineered economic and social suffering on a scale so enormous we can't comprehend it. 

     Besides socialism, the other great beneficiary of Keynesian policies is Wall Street and its minions who see no harm as long as stocks finish up.They care not about the loss to the public's savings or the income disparity that inflation creates. These shallowest of thinkers ignore the speculative excess and the inevitable boom and bust to worship at the alter of the Fed. They fail to understand that the money printing they swoon over is the favored method of financing the welfare state and socialism.

     The essence of Keynesianism in America is inflation. In his book The Ethics of Money Production, the Austrian economist Jorg Hulsmann described inflation's cultural and spiritual legacy: "The notion that inflation is harmful is a staple of economic science. To appreciate the disruptive nature of inflation in its full extent we must keep in mind that it springs from a violation of the fundamental rules of society. Inflation is what happens when people increase the money supply by fraud, imposition, and breach of contract. Invariably it produces three characteristic consequences: (1) it benefits the perpetrators at the expense of all other money users: (2) it allows the accumulation of debts beyond the level debts could reach on the free market; and (3) it reduces the purchasing power of money below the level it would have reached on the free market.

     "Once these three consequences are bad enough, things get much worse once inflation  is encouraged and promoted by the state. The government's fiat makes inflation perennial, and as a result we observe the formation of inflation-specific institutions and habits. Thus fiat inflation leaves a characteristic cultural and spiritual stain on human society."

      More important for the short term are the economic consequences which including the coming destruction of the dollar through hyperinflation. This inevitable outcome is brought on by our ongoing monetization of the debt. You cannot pay a nation's bill forever by printing or creating new money. The markets will eventually enforce repercussions. No money in history has withstood permanent inflating. In fact, all paper, fiat currencies have become worthless for the same reason.

      The famous classical economist Ludwig von Mises warned, "Inflation cannot last; if not radically stopped in time, it must lead inexorably to a complete breakdown. It is an expedient of people who do not care a whit for the future of their nation and its civilization." He also pointed out who's to blame: "It is government interference that has destroyed money in the past and it is government interference that is destroying money again." Years ago he warned, "The monetary and credit policies of all nations are headed for a new catastrophe."

     Another economist of similar persuasion, Professor Hans Sennholz explained, "The ultimate destination of the present road of political fiat is hyperinflation with all its ominous economic, social, and political consequences." The economist John Williams predicts that hyperinflation will strike in 2015. His Shadowstats newsletter has debunked the widely hyped economic recoveries of the past five years starting with Mr. Bernanke's green shoots." In other words he's been the most accurate macroeconomic thinker in the world. For him, the current phoney recovery will cause the dollar to tank and inflation to rage.

     Central banks have trapped themselves. If they stop inflating, their economies crumble. They must forever apply greater doses of money and credit or face a depression. They cannot stop and they will not stop. That's why the public is seduced into believing that inflation is a good thing. Although it's a hidden tax that robs the citizenry of purchasing power, they've been taught to love it by the scoundrels in Washington and Wall Street.

     The fact that virtually everyone in America buys into the Keynesian argument that 2% inflation is good should make you a contrarian. Inflation has always been something to be avoided. Economic history proves that encouraging inflation is insanity. However, if you become a Keynesian contrarian, this can be a great environment for making money. Unfortunately, for most it will be a time of great losses. Those who buy the Keynesian argument will see their wealth destroyed as markets collapse and the currency is ruined. Prepare to see your institutions fail, your neighbors impoverished and your nation go bankrupt. - End of quoted report by James Cook.

     In nice terms James Cook is saying that the American economy should end up going broke (bankrupt) unless we return to a sounder money system than the Federal Reserve which is a perpetual debt building system of money. Pass my proposed Omni Law shown on our national website Then we can propose direct to the American people by national referendums meaning you economic tactics to turn the American economy around instead of crashing as it is heading for. With more businesses going out of business instead of new businesses being started in America under Obama leadership, this is an economy going backward and not forward. With a lot more people on welfare than those working for a living in America under Obama leadership, this is an economy going backward instead of forward. 

     And now we have the Obama invented classic for crash of the American dollar for international trade purposes. With the fanatical Obama pushing FATCA all over the world, he may wildly enrage foreign nations with his FATCA policy which is a revival of the Nazi War Crime Policy condemned by the Nuremberg War Trials in 1945 as genocidal "Crimes Against Humanity" and a hanging offense under the genocide standards of the Nuremberg War Trials. They were going to hang Hermann Goering for this policy in prewar World War II Nazi Germany except he committed suicide just before the Allies were going to hang him for this policy. This policy was basically to make it virtually impossible for your citizens to deposit their money in foreign nations in their banks. This way Nazi Germany could steal the money of  the Jews in Germany from them since they could not place their money in safe havens abroad. Foreign banks and nations find the terms of this Obama imposed FATCA so offensive to them that many banks in the world do not want American accounts any longer as the FATCA terms dictated by Obama in Wash., D.C. make it intensely expensive to agree to handle American bank accounts after that. Also, imposes extreme regulatory terms over foreign banks that makes them virtually nationalized in operations by Wash., D.C. if they accept accounts of Americans under FATCA dictated terms. Understand that foreign reaction to FATCA is pushing nations to where they may no longer accept American money in international trade due to Obama dictated FATCA. FATCA could lead to the collapse of American money for international trade and then bankruptcy of America as a nation as no foreign nations will want American money after FATCA turns them against American money for international trade purposes.

     I have seen several sources commenting that FATCA set up and pushed by Obama could end up bankrupting America as a nation as other nations would no longer want American money and making American money worthless internationally and nationally due to Obama's FATCA. We pass the Omni Law shown on and we can immediately cancel by national referendum of your votes FATCA as it is so damaging to the future of America as a nation, a violation of international genocide law as ruled upon by the Nuremberg War Trials of 1945, and a tactic used by police state dictatorships, not constitutional governments dedicated to freedom and legal rights of their citizens as America was founded to be. Now Obama came to overthrow the U.S. Constitution and U.S. Bill of Rights as his new version of wonderful government under Obama as he has no respect for human rights and freedom in America.  

    Full name of our Omni Law to be passed as national law by support of the American people is The Omnibus Civil Rights Act For America and to be added to the U.S. Bill of Rights once passed. This gives you ten legal trustees over Wash., D.C. who can block corruption and treason in government when required. And also to put up for national referendum to be voted upon by you the American people what laws and policies you want for America under the national government or else what laws and policies you want cancelled that Wash., D.C. is trying to impose on you contrary to the will of the American people as shown by national referendum vote of the American people. The Omni Law forces Wash., D.C. to now be the servant of the American people instead of their intended master and laughing at you for letting them take away your legal rights, your future, etc, in America. 

     Pass this report around to rally more of America to rally for passage of the Omni Law, full restoration of free enterprise in America instead of growing Communism in America under Obama and radical allies, and laws to make the people free rather than make them slaves by the laws created in America under the radicals in Wash., D.C. Our website is Our email is Our mailing address for orders and financial support sent in by mail instead of through our website is NIFI, P.O. Box 1465, Seneca, SC 29679 . Make checks, etc. out to NIFI and tells us what the payment is for. We just saw two cases where emails which we sent ordered books to in pdf format  to the people were blocked by apparent Obama federal criminal operatives. Any time there is a problem, let us know by email and we will see that the matter gets straightened even when Obama boys thought that they had pulled a funny joke by committing a federal felony and trying to block the sending of your orders to you. When the grand juries are gathered under the Omni Law to investigate federal felonies by Obama criminal thugs, grand juries can vote for presentment as well as indictment to criminally charge Obama with criminal violations performed by subordinates carrying out his orders for him as to criminal acts to be committed against American citizens. 
     The answer is obvious. Obama hackers have been interfering with a few of these emails so orders or replies back were never received where these federal tactics were used, but we intend to see criminal prosecution later on of federal operatives or federal agencies trying to commit federal felonies this way.  Some emails sent to our customers were rerouted to the spam files instead by Obama hackers. (Please check your spam file and let us know!) We send again  to you if we find this kind of criminal trash has been tried against you by Obama boys. By the way Obama boys, if we obtain the proof that you did this to any of our customers, our customers you attacked this way can later sue you under federal civil rights acts for enough money to take away your car, house, bank accounts, etc. from you as such as one I.R.S manual warned federal operatives some time ago.

     American people, if you do approve of federal operatives committing criminal acts against you, then don't back the Omni Law as you do not respect nor care about your own legal rights in America. But if you want the government to respect you and your legal rights in America, help us pass the Omni Law and now. Our hand is stronger than we publicly admit, but when the time is right, we will display such a powerful hand to force through the fast passage of the Omni Law as Congress, etc. may feel like the Wrath of God has just come against them for supporting the criminal acts of federal operatives instead of the legal rights of the American people under the U.S. Constitution and U.S. Bill of Rights.

     Old saying, "Democracy will be safe when citizens are as offended as the person who was wronged by the government." When Obama tries to stop the Omni Law from being passed by federal criminal acts, then Obama is the strongest argument why the Omni Law must be passed and now. For example, when John of Nesara News was alive, a number of times we confirmed that national reports sent to him by me for posting were never received by him. This made him mad enough that he would promptly post the report if he found out that Obama operatives from C.I.A., etc. had tried to stop him from seeing the report sent to him. We communicated by phone when he never received a report from me that he knew that he was supposed to have. The C.I.A. or federal whoever would try and destroy the report if they wanted it stopped or else block it so John never received it. We had a backup system so he would get the report regardless they were trying to block him from receiving from me. Obama wants a federal police state in America, not a free nation and government for the American people. Pass the Omni Law and soon or you deserve the federal police state in America you will have if you let Obama have his way. Obama is dedicated to evil, not good, in America.

      Yours For God And Country, Erasmus Of America (pen name for that American who descends from generations of freedom fighters. One nobleman the King of England tried to have murdered later came back and organized the nobles to force the King of England to grant Magna Carta to the English people. One called Johnny Armstrong and later called Robin Hood in legend regained the legal rights for the English people being ruled by the tyrant King of England then. One of my forefathers was a key fighter in the American Revolution. And I could go on. It is time for the American people to stand up! And let their voice be heard in America!)
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