Wednesday, June 27, 2012

Pay Full Attention to Those Behind the Curtain, Audit the Federal Reserve

According Daily Paul, this year's audit the fed bill passed the committee and is headed to the full House for a vote, possibly in July. 

The last audit revealed that the fed created and gave over $1 Trillion to US banks, corporations, and foreign banks everywhere from France to Scotland, between December 2007 and July 2010.
  • Citigroup: $58 billion 
  • Morgan Stanley: $45 billion 
  • Merrill Lynch: $19 billion 
  • Bank of America: $67 billion 
  • Barclays PLC (United Kingdom): $58 billion 
  • Deutsche Bank: $30 billion 
  • Goldman Sachs: $20 billion 
  • Royal Bank of Scotland (UK): $58 billion 
  • JP Morgan Chase: $31 billion 
  • Deutsche Bank (Germany): $30 billion 
  • UBS (Switzerland): $35 billion 
  • Credit Suisse (Switzerland): $21 billion 
  • Wells Fargo: $25 billion 
  • Bank of Scotland (United Kingdom): $20 billion 
  • BNP Paribas (France): $19 billion 
  • Dexia SA (Belgium): $23 billion
  • Bank of Scotland (United Kingdom): $20 billion
  • Societe Generale SA (France): $17 billion
  • Wachovia Corporation: $16 billion 
  • Commerzbank AG (Germany) : $20 billion
  • AIG: $15 billion
  • Norinchukin Bank (Japan): $15 billion
  • All Other Borrowers: $537 billion
Click here to read the GAO report and skip to page 132 

A common response to "Audit the Fed" is that the federal reserve is already audited by the Government Accountability Office (GAO). Which is true, however, there are four major restrictions on the audit that have a tremendous impact on what happens to the value of the Federal Reserve Note, commonly referred to as "the dollar."

Federal Banking Agency Audit Act - Amends the Accounting and Auditing Act of 1950 to authorize the General Accounting Office (GAO) to conduct independent audits of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency.

Prohibits the GAO from auditing:
(1) transactions conducted on behalf of or with foreign central banks, foreign governments, and nonprivate international financing organizations
(2) deliberations, decisions, and actions on monetary policy matters, including discount window operations, reserves of member banks, securities credit, interest on deposits, and open market operations
(3) transactions made under the direction of the Federal Open Market Committee including transactions of the Federal Reserve System Open Market Account
(4) those portions of oral, written, telegraphic, or telephonic discussions and communications among or between Members of the Board of Governors, and officers and employees of the Federal Reserve System which deal with topics listed in this Act.
·Sets forth prohibitions on the public disclosure of certain information.
·Authorizes bank examiners to discuss the affairs of banks and bank holding companies with GAO audit personnel.
·Imposes a fine of up to $5,000 and/or one year imprisonment for disclosure of information from a bank examination report by a GAO auditor.

I'd like to thank you for taking the time to read through this post and possibly sharing it. At this point in time, you now cannot unknow the fact that starting less than a year before the financial crash in 2008, the federal reserve magically found over a trillion dollars to give to major corporations and foreign banks.

We have Ron Paul's introduction of this bill and the efforts of grassroots activists to thank for this peek into the window of the house of hellborn liars who run our government, our money supply, and most major corporations. Now that you've read this, this information will stick in your head forever like a horrific case of seemingly incurable mental herpes.

So what's the solution? I don't think there is "a" solution, instead I think there are multiple solutions. One of the many solutions is to pressure local "representatives" (yes I used quotes because they don't really represent your interests) to stay focused on the federal reserve system. Here's how you can start to contact them: 

Sure contacting the same people who are most likely supported in some way by the federal reserve system and demanding that they bite the hand that feeds them seems like urinating in the wind, however, I'm of the opinion that every step that can be taken, should be taken.

One wave of disclosure with the first audit (which was admittedly watered down) clearly wasn't enough to hit a critical mass, however, there is a chance to hit the system with another wave, so if for nothing other than your own amusement, contact your representative (via email, the phone, and especially in person) and demand they vote to audit the federal reserve. 

9/22/12 - Coming to a city near you, Nationwide END THE FED rally. Click the link to RSVP on facebook, more details to come...

this post was recently edited due to a few details which were brought to my attention in a recent comment. i updated the post and removed the comment as it didn't make sense after the post was edited, so to the anonymous commenter, thanks for bringing that to my attention. regardless of how much was "paid back" on the books, it still doesn't negate the fact that the central bank has the ability to create and destroy money out of thin air and issue it to favored corporations and foreign banks. nor does it eliminate the inherent moral hazards, conflicts of interest, and gambling on taxpayers. 

Monday, June 25, 2012

Ep 9 - MSW Podcast ft Jameson & You 6/25/12 10pm EST

Click here for the audio version, Ep 9 ft Mike Salvi & Jameson

It's been a few weeks since we've blessed the world with another life changing episode of the Mike Salvi's World Podcast. Because of this tragic lapse in amazing audio/video mental stimulation, we made the choice to give you something special this time around.

What is Mike Salvi's World going to give you? Well, to quickly end the suspense you're feeling as you read this, here it is. This episode will feature, not only your favorite, but history's favorite podcast host and one of Ireland's finest children, Jameson Irish Whiskey. That's right, just me and some alcohol...sorry, alcohol and I. Also, depending on his schedule and attitude at the time, we may also be joined by the four-legged alpha male of the Salvi Rebel Base, General Caesar aka PC aka Ceezows aka Caesar Boy.

This will be our first official interactive episode, we not only welcome and encourage, but borderline need your participation. So take time to gather your thoughts, and email topics, questions, issues, etc to

We'll go live on Ustream tonight, Monday 6/25 at 10pm. We'll be open to live chat questions via facebook and Ustream, emailed questions, twitter messages, telepathically delivered thoughts, information beamed through the cosmos from other worlds and possibly parallel universes, and for the religious crowd, maybe even a sign from above (unfortunately not from any burning bushes, and hopefully not in the form of a catastrophic natural disaster).

Lots to cover, stories of interest, upcoming events, perception, contemplation of existence, attitude, tragedy, comedy, euphoria, depression, and whatever else comes up. Join us!

Friday, June 22, 2012

MSW Newsletter - Stories of Interest 6/22/12

Quite a few interesting things here in Mike  Salvi's World. Some interesting news stories, but a ton of events coming up this summer including the premier of Mike Salvi's World live this August. Also my fellow philly bred paisano, Vinnie Paz, gives the world a preview of what's to come in this fall's release of his next solo album. check it out, hope you enjoy!


The Federal Reserve unleashed a fresh wave of economic stimulus Wednesday as it predicted subpar US growth would be even worse this year than thought. After a two-day meeting the Fed doubled down on a program to lower long-term borrowing costs, as it sharply revised down 2012 growth projections to between 1.9 and 2.4 percent.

Anyone who thinks we need government to build and maintain roads may want to consider the residents of Kauai who don’t wait for the state to repair roads. Their livelihood was being threatened, and they were tired of waiting for government to help, so business owners and residents pulled together and completed a $4 million repair job to a state park – for free.

Barring a CIA drone strike on the Ecuadorian embassy in London, WikiLeaks founder Julian Assange’s sudden appeal for asylum there may spare him a prison stay in Sweden or possibly the United States. Assange’s freedom now depends largely on Ecuadorian President Rafael Vicente Correa Delgado, a new breed of independent-minded leader like Venezuelan President Hugo Ch├ívez.

Rhode Island now joins its its northeastern neighbors Connecticut, Maine, Massachusetts, New York, and Pennsylvania is choosing to remove criminal penalties for possession of small amounts of pot. Nationwide, 14 other states have decriminalized, the first wave in the 1970s and the second beginning with Nevada in 2001 and picking up momentum in recent years.

Just another run of the mill week of drug war law enforcement corruption, except having a state trooper involved in a major pot grow is fairly unusual.



Wednesday, June 13, 2012

MSW Newsletter - Stories of Interest 6/13/12

It's been a pretty hectic week over in Mike Salvi's World, I've been on the go nonstop since last Thursday, but I'm never too busy to notice a few stories of interest. Check out what stood out to me over the past few days. P.S. new episode of the MSW Podcast is on its way, quite possibly this week, more details soon, stay tuned and enjoy! 



Aaron wasn’t buying, selling or even touching coke when cops busted the then 23-year-old college student in 1993. Instead Aaron was simply a witness of a plotted crack transaction and associate of the buyer and seller, who, unlike him, pled guilty and gave law enforcement their full cooperation. But despite lacking any criminal record at all, however, Aaron was sentenced to serve three life sentences behind bars for his role in a would-be drug deal.

All of those troops leaving Afghanistan during the next two years will have to go somewhere, right? The US Army will deploy thousands of soldiers across the continent of Africa during 2013. The Army Times confirms that the US military gave the go-ahead for the mass deployment last month and that roughly 3,000 soldiers will soon be sent overseas, with more troops expected to be dispatched during the duration of the program.

The research casts doubt upon the widely-held theory that the universe has continued to expand since the Big Bang and will continue to do so until it ceases to exist. Prof Penrose says that his research shows that all matter in the universe will eventually be consumed by black holes, leaving only energy behind which will in turn trigger the next Big Bang.

The government posted a budget deficit of $125 billion in May, more than twice the level registered in the same month last year. The budget has become a key point of political contention in Washington during this election year. Economists worry another budget impasse like the one that cost the United States its AAA credit rating last year could be in store at the end of 2012, potentially derailing a fragile economic recovery.

The world's second biggest hamburger chain on Thursday is launching several pork, beef and chicken sandwiches as limited time offers. And for a sweet ending, the company is also offering a bacon sundae — vanilla soft serve with fudge, caramel, bacon crumbles and a piece of bacon.



Thursday, June 7, 2012

MSW Newsletter - Stories of Interest 6/8/12

We're sprucing things up over here in Mike Salvi's World. Stories of interest just don't seem to be enough for me, so I've decided to add a pic of the day, a video of the day, and to keep you posted on upcoming events. Take a look at what stood out to me these past few days, enjoy!


The professional staff in charge of managing the banking committee will be quite familiar to J.P. Morgan Chase’s CEO Jamie Dimon and his team of lobbyists. That’s because the staff director for the Senate Banking Committee is none other than a former J.P. Morgan lobbyist, Dwight Fettig.

Hundreds of pre-crime surveillance cameras are to be installed in San Francisco’s subway system that will analyze “suspicious behavior” and alert guards to potential criminal or terrorist activity – before any crime has been committed.

"Transferring this situation from the negotiations track to the track of forcible sanctions would not be in anyone's interests,” the Russian minister said. “We consider additional sanctions absolutely counterproductive."  Moscow is maintaining regular contact with Tehran regarding the situation, which has caused a heightening of tensions between Iran and the United States and Israel.

If you like the ambience of rap music, but prefer contemplating space-time and stars over money and cars, a record tailored to your tastes is in the making. The hip-hop artist GZA, a founding member of the renowned Wu-Tang Clan rap group, will wax lyrical about the magnificence of the cosmos in a forthcoming album called "Dark Matter," slated for release this fall.

A massive dock that landed this week on Agate Beach more than a year after the Japan tsunami ripped it from its moorings is raising all kinds of questions about how to dismantle it and what to do with countless organisms that hitched a ride onboard. 

6/30 – 7/3 - Freedompalooza 2012

Monday, June 4, 2012

MSW Newsletter - Stories of Interest 6/4/12

Seems like interesting things don't take a break even though it'd be a well deserved break. Fortunately in Mike Salvi's World we try to make your life a little simpler and consolidate them into one post. See? I care. Also decided to add a new feature, the "Pic of the Day," enjoy.

Pic of the Day:

Fellow TFP member and Philly area activist/infowarrior Keith F. Smith stops by for an awesomely informative conversation. Watch the video if you have time, but definitely get the audio version and take us with you in your car, during your workout, when you do yardwork, or however you spend your time, enjoy! 

A clear majority of Americans now want to see marijuana legalized. Fifty-six percent believe it should be treated like alcohol or tobacco. Only thirty-six percent defend the status quo. What's more, the trend has been moving towards the pro-legalization position, and continues to do so.

 Little is known about what happened at past Bilderberg meetings, let alone this year’s conference near the nation’s capital in Chantilly, Virginia. Over the years, however, some journalists and rogue reporters have either infiltrated the event or learned from insiders about the goings-on of the elusive meeting of the minds. But are members of the exclusive group breaking US law while meeting off the record?

Russian President Vladimir Putin will meet his Iranian counterpart Mahmoud Ahmadinejad on the sidelines of a summit in Beijing next week as tensions rise over Tehran's nuclear drive, a Kremlin official said. "Meeting Ahmadinejad will let Putin personally feel the tension around the Iranian issue and how it is perceived in Tehran," Kremlin foreign policy aide Yury Ushakov told reporters last week.

Breathing; we do it every day. We don’t even need to think about it. But what if we actually did take the time to think about it? Not just regular breathing; the deep saturating breaths that make our skin tingle? What are some other reasons why we should practice deep breathing?

Friday, June 1, 2012

Ep 8 - MSW Podcast ft Keith F Smith 6/1/12

Fellow TFP member and Philly area activist/infowarrior Keith F. Smith stops by for an awesomely informative conversation. Watch the video if you have time, but definitely get the audio version and take us with you in your car, during your workout, when you do yardwork, or however you spend your time, enjoy! Subscribe to Keith's channel at

Listen here, MSW Ep. 8 - ft Keith F. Smith

Download the audio version of this episode and subscribe to Mike Salvi's World on iTunes.

MSW Newsletter - Stories of Interest 6/1/12

Way too much to keep up with this week, even with a holiday. For this newsletter I picked the following six stories. What you won't see is anything regarding the Bilderberg meeting in VA because the media isn't covering it, and anything worth hearing about can be seen live at You also won't see anything about all the zombie sightings because quite honestly, I don't know what the @#$% to make of all that. So here's what stood out in Mike Salvi's World over the past few days, enjoy. 

Breaking: Romney did not win nomination
Even with news circulating like wildfire that Romney secured the Republican nomination with an alleged win in Tuesday's Texas Primary, it seems as though this may not actually be the case. Ironically enough, Romney still may not have even taken Texas, yet.

US and European regulators are essentially forcing banks to buy up their own government's debt—a move that could end up making the debt crisis even worse, a Citigroup analysis says.

In an extraordinary article in Tuesday’s New York Times, “Secret ‘Kill List’ Proves a Test of Obama’s Principles and Will,” authors Jo Becker and Scott Shane throw macabre light on the consigliere-cum-priestly role that counterterrorist adviser John Brennan provides President Barack Obama.

The law banning all outdoor feedings of large numbers of people on City parkland went into effect on Friday. Mayor Michael Nutter has said the ban will protect the dignity of the homeless, cleanliness of the parks, and eliminate food health concerns.

There is the only one true sign of freedom once all is said and done.  You can live in a geographical location or tax jurisdiction (fondly called countries) and you are subject to no law except what you agree to so long as you may opt-out as you wish; that simple, your compliance is not mandatory except where your behavior is initiated aggression through force or fraud.

Don't give joints to snitches you're having an affair with - that's the lesson one California cop learned last week. There are more crooked cops for us this week, too.