Puppet Masters
1. $1,000,000,000,000,000 in Sales. Not One Cent for Sales Tax
The trading volume on the Chicago Mercantile Exchange (CME) reached an incomprehensible $1 quadrillion in notional value in 2012. That's a thousand trillion dollars. In comparison, the entire U.S. GDP is $17 trillion.
On that quadrillion dollars of sales CME imposes transfer fees, contract fees, brokerage fees, Globex fees, clearing fees, and contract surcharges, many of them on both the buyer's and seller's side. As a result, the company had a profit margin higher than any of the top 100 companies in the nation from 2008 to 2010, and it's gotten even higher since then.
But not a penny in sales tax for the taxpayers who provide publicly-funded infrastructure, technology, systems of law, and security to help them process billions of financial transactions.

Members of a research team at Texas A&M University at Corpus Christi carry a drone following a test flight near Sarita, Tex.
In the first incident on May 29, the pilot of a commercial airliner descending toward LaGuardia Airport saw what appeared to be a black drone with a 10-to-15-foot wingspan about 5,500 feet above Lower Manhattan, according to a previously undisclosed report filed with the Federal Aviation Administration.
In the second, two airliners separately approaching Los Angeles International Airport soared past what they described as a drone or remote-controlled aircraft the size of a trash can at an altitude of 6,500 feet, FAA records show.
The records do not name the airlines involved or say how close the aircraft came to the drones when they flew past. FAA officials said their inspectors could not track down the unregistered drones or determine who was flying them. "In many cases, radar data is not available and the operators cannot be identified," the agency said in a statement.
"They deprived themselves of markets to sell their products and of the opportunity to participate in investment program of Crimea," Aksyonov told reporters in Simferopol on Tuesday.
The stance of the European Union, which banned imports from Crimea and Sevastopol, is not constructive, Aksyonov said.
"It is a dead-end stance to punish citizens for the opinion on what country they should be in," he said.
The EU decision to ban imports from Crimea was made under US influence, Aksyonov said. "General agitation over Crimea's accession to Russia has calmed down in the EU. As far as I understand in this case the US authorities push this stance," he said.
Crimea's accession to Russia is irreversible, he said.

The company is founded by John Francis Queeny, a member of the Knights of Malta, a thirty year pharmaceutical veteran married to Olga Mendez Monsanto, for which Monsanto Chemical Works is named.
Even then, the government knew saccharin was poisonous and sued to stop its manufacture but lost in court, thus opening the Monsanto Pandora's Box to begin poisoning the world through the soft drink.
It is becoming increasingly difficult for the West to prolong recognizing the obvious, that the Syrian government has prevailed. In a recent TIME Magazine article titled, "In Syria, Victory is Written in Ruin," it admits:
Defying expectations that he would be the next domino to fall in the Arab Spring's chute of regional dictators, Assad stands stronger than ever. His military, augmented by fighters from the Lebanon-based Shi'ite militia Hizballah, funded in part by Iran and armed with Russian weapons and ammunition, has consolidated control over a strategic corridor connecting the capital, Damascus, to the coast.TIME then attempts to make excuses as to why Syrians support the government. The article claims:
...the war's toll has more and more Syrians turning, reluctantly, toward the regime. Not because they support Assad but because they are desperate to return to some semblance of normal life.But perhaps the most deliberate distortion TIME makes is its revision of how the war unfolded in the first place. It claims:
For the rebel brigades and exiled opposition leaders, the involvement of extremist groups was an unfortunate stain on an otherwise pure uprising against tyranny. To the regime, it was proof of a foreign-funded scheme to destabilize Syria.
He said the Russian delegation indicated during the conference, which had been partly held behind closed doors, that the terrorists' activity was not confined to a single country.
"We also called the Security Council's attention to the problem of financing terrorism," Churkin said. "In the case of ISIS, the militants' ability to export oil especially rings an alarm because it enables them to engage in terrorism."
Comment: For more on terrorists' oil shipments see: The fight for oil in Iraq: Jihadism and the petroleum industry
For the Atlanticist press, the Islamic State in Iraq and the Levant (ISIL). which has just invaded the north and west of Iraq. is a group of jihadists led by their faith, the Koran in one hand and a Kalashnikov in the other. For those who have suffered their abuses, including in Syria, it is a private army of mercenaries, composed from the four corners of the Earth and managed by American, French and Saudi officers - dividing the region to allow easier control by the colonial powers.
Surging mistrust of the euro during Europe's debt crisis fed a campaign to bring Germany's entire $141 billion gold reserve home from New York and London. Now, after politics shifted in Chancellor Angela Merkel's coalition, the government has concluded that stashing half its bullion abroad is prudent after all.
"The Americans are taking good care of our gold," Norbert Barthle, the budget spokesman for Merkel's Christian Democratic bloc in parliament, said in an interview. "Objectively, there's absolutely no reason for mistrust."
Ending talk of repatriating the world's second-biggest gold reserves removes a potential irritant in U.S.-German relations. It's also a rebuff to critics including the anti-euro Alternative for Germany party, which says all the gold should return to Frankfurt so it can't be impounded to blackmail Germany into keeping the currency union together.
Comment: So after recovering only a miserable 5 tons of its gold (less than 10% of the gold it scheduled to repatriate) in all of 2013, Germany appears to have gotten the message. The talk about trusting the
Remember a few weeks back when we discussed the DHS Fusion Centers' use of powerful investigative tools like Twitter searches and The Google to investigate such harmful Occupy Wall Street-related activities like not participating in Black Friday sales or cutting up people's credit cards (at their request). Anti-consumerist is anti-government, apparently. It makes for a great conspiracy theory -- one that implies the government is actually run by corporations.
It doesn't seem to be much of a "theory," though. Given the number of active revolving doors that accomodate lobbyists, representatives and board members every time someone shouts "Change places!" there's little evidence out there to dispel this perception. The business of government is apparently business. The FBI worked with banks and Wall Street itself to ferret out certain Occupy protesters, going so far as to keep an assassination plot against Occupy leaders under wraps.
The Fusion Centers' ability to treat nearly every submission with complete credulity has only added to the mismanaged mess, which resulted in the agency's underlings breathlessly exchanging Facebook links to planned disruptions like protests of irresponsible lending processes and the singing of Christmas carols at a "high-profile, undisclosed location."













Comment: See Money as Credit for details on the origins of money.
See also:
SOTT Talk Radio: Interview with 'Web of Debt' author Ellen Brown - How the banking system controls the world