How Bailouts Pass on the Burden to Taxpayers

May 17, 2012 Leave a comment

By BOB CHAPMAN | INTERNATIONAL FORECASTER | MAY 17, 2012

Article originally published in April 4, 2012

How do you create your own monsters? Over the past month the US and Europe have been telling us they will agree to release oil reserves into the market to drive down prices. What are they waiting for? It is expected there could be serious supply disruption, but yet no action. Incidentally, in all the media we see no admission or comment that those nations’ actions were responsible for oil prices at $107.00 a barrel.

Over the past month China and India have been avoiding oil sanctions by agreeing to trade for local currencies commodities and consumer goods. The trend continues, but leaves Iran with a shortage of currencies. In addition Iran is helping Syria by supplying an oil tanker. That oil is shipped directly to China.

Appointed Greek PM Papademos informed Europe late last week that a third bailout cannot be excluded. Just as we predicted. There will be no end to these subsidies. The idea is to keep bleeding Greece forever.

This past Friday European governments called for a bigger financial emergency fund, extra engineering a firewall to fight the regions debt crisis. The firewall commitment is $1.1 trillion, and of that $320 billion has be set aside to fund the ESM due July 1st.

If you remember more then several months ago we told you it would take $4 to $6 trillion to bail out Italy and Spain. These firewall funds are supposed to protect the sovereign debt of some six countries, and $1.3 trillion cannot accomplish that. They’ll need at least four times that amount. As you can see, the entire program is deceitful and these subsidies, if allowed to, will continue for years with Northern European taxpayers footing the bill for these subsidies. They believe eventually Europe will never be able to tear away from the grip of world government. Those of you who have been paying attention are witnessing the demonstrations, violence and arrests in Spain and it appears it is escalating. Cutting the budget by 1/3 under the circumstances is stupid. That is a fall in the public debt from 8.5% to 5.3% of GDP.

In Greece, the Greeks know they cannot nor do they want to, meet the terms of their financial agreements. On April 29th an election is due and that has caused a splintering of the vote, which pollsters believe only gives the two major parties some 35% of the total vote. This means political instability and perhaps social and political chaos not seen in Sprain since the 1930s. This is what happens when people are without hope in any country. During May and June chaos will reign and the austerity-bailout deals will have to be canceled plunging Greece into default, something that should have been done three years ago, and all of this could in part been avoided.

In the Greek election that many never happen on April 29th, or maybe May 6th or perhaps May 13 Pasok and the Democracy Parties, as we pointed out before, may only get 35% of the vote together and if they do not win there will be no parties to pledge support to cutting more public spending of 5.5% of GDP. That means no bailout in a fractionalized government. Those kinds of cuts will flatten the economy totally. Greek debt is still more than 100% of GDP, or $440 billion.

It only took three months and Spanish PM Rajoy is losing support as millions of Spaniards demonstrate in the streets. The voters in Andalusia failed to give him a majority, as well. Already Rajoy is in trouble.

Avoidance of a Greek election is only going to make things worse. As it stands now Greece is going to end up in chaos and if that happens Spain and others may follow, upsetting all of Europe.

This past week’s results of EU member meetings may have set the stage for bailout, but it will be interesting to see if the funds are found to accomplish their ends. Many professionals are not convinced that all will go well in Greece, or for that matter in Ireland, Portugal, Italy and Spain. Many believe they are facing a global government finance bubble. Let’s face it; the risks are massive, because all governments and the financial sectors have all taken the route of expansive money and credit that will all end in bubbles.

Like all the creations of the last few years’ currency swaps by the Fed, commonly known as illegal loans, to the European Central Bank is just another form of welfare that they know will only try to work in the short run. A virtually free service provided by the banks that control everything. It is all risk free of course, because bankers supposedly know what they are doing. That is how they put us in the position we are in the first place. These loans, created out of thin air do not create economic goods and services or a recovery, especially who 800 banks refuse to lend any of the funds out to business to increase business and employment. Mind you this is virtually free money – like financial welfare.

In another orgy of free money the Fed tells us that it bought 61% of US Treasuries issued in 2011, and as we said in an earlier issue that program, Operation Twist, was a disaster. Again, the Fed was undermined by its own so-called allies. This exercise, just like the year before, has just barely kept the economy alive.

If House bill (HR-4180) by Rep. Kevin Brady (R-TX) makes it out of committee it would strip the Fed of half of its dual mandate. It would no longer have to provide full employment they would only have to insure price stability. Like the efforts of Ron Paul over countless years, who expect billions of dollars will be passed out in bribes and nothing will happen. The only way to recapture the system is to bring it down.

The Fed oblivious of history pours money and credit here, there and everywhere, keeping many currencies from failing and supposedly giving them viability. If needed more money is extended with a hope someday it will be repaid and, of course, it won’t be. The extension of debt central banks believe can go on forever, and needless to say, that is ridiculous. Something you probably missed in the Copenhagen meetings was that there was a proviso to supposedly increase competition within rating agencies by forcing rotation and to draw in European agencies. This was a move to have less rerating encounters, so as to deceive the public.

Money is readily available to banks and to an extent to major corporations, which in turn have used part of those funds in western stock markets sending them close to new highs. Most economies are sputtering at best and investors ask how can this be? Well, that is why markets are up in spite of lack of participation and volume. That means there is a limited market to sell into. The buyers are not there, so the banks have to sit on the shares. 70% of the volume is algo trades that last 8 nanoseconds. That adds no liquidity to the markets. There is no longer a retail to dump the shares on.

Now that the G-20 has decided how much money will be donated to the EFSF and the ESM, they now want $500 billion more from the IMF, 19% of which is paid for by US taxpayers. The bulk of those additional funds are to come from emerging market economies. The BRICS have said that they will not participate without an increase in their voting power.

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European Debt Crisis Continues to Bleed

May 16, 2012 Leave a comment

The blame game begins as no solution is achieved for Greece, Italy or Spain.

By JAMES CHAPMAN | MAIL ONLINE | MAY 16, 2012

David Cameron will today express grave doubts about the survival of the euro amid fears that a collapse could drag Britain into a decade-long depression.

He will warn of ‘perilous economic times’ and launch a startling attack on the failure of Germany and other major European countries to take the necessary steps if they want to prevent the euro breaking apart.

‘The eurozone is at a crossroads – it either has to make up, or it is looking at a potential break-up,’ the Prime Minister will say, insisting that sticking to the Government’s austerity measures is the only way to ‘keep Britain safe’.

With signs of a full-blown bank run beginning in debt-stricken Greece, experts warned that if the crisis is not quickly contained, as much as 10 per cent of national income could be wiped out in countries across the EU.

Bank of England governor Sir Mervyn King said yesterday the single-currency bloc was ‘tearing itself apart without any obvious solution’, while former Labour Chancellor Alistair Darling said the crisis could condemn Britain to ‘years of stagnation’. In other developments:

■ Households face another painful squeeze this year after the Bank of England raised its inflation forecast and warned of rising mortgage costs;

■ Growth forecasts for this year were slashed from 1.3 per cent to 0.8 per cent, with no return to pre-financial crisis levels of growth before 2014;

■ Financial markets slumped further as Greek leaders braced themselves for  fresh elections after talks to form a coalition government failed;

■ In a glimmer of good news, unemployment dropped 45,000 to 2.63million, while the number in work jumped by 105,000 to 29.2million.

Economists believe the euro breaking up in disarray would herald a ten-year slump similar to that experienced by Japan in the 1990s. Japanese policymakers hesitated before tackling a banking crisis, and then struggled to revive economic growth, leading to a so-called ‘lost decade’.

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Inside the Murky World of Arms Smuggling

May 16, 2012 Leave a comment

By VICTOR THORN | AMERICAN FREE PRESS | MAY 16, 2012

Union Gen. William Tecumseh Sherman once said, “War is hell.” But to those who profit off the sale of weapons, war is big business that brings in huge profits. That explains why, even in these tough economic times, global weapons sales are booming, with U.S. corporations being some of the biggest arms peddlers.

The global arms market can be split into three sectors: First are the legal sales whereupon governments buy arms from corporations. Second are sales on the black market. And third is a legally gray area where governments, militaries and intelligence agencies rub shoulders with shady and corrupt dealers in order to carry out covert agendas such as regime changes and assassinations.

On March 2, Richard Norton-Taylor, reporting for The Guardian, wrote: “Sales of weapons and military services exceeded $400B in 2010 . . . [and] the top 10 arms producing companies account for 56% of total arms sales.”

To Americans, what should be most troublesome is the role the United States plays in bombarding the world with deadly weaponry in this half-trillion dollar market.

In a recent article entitled “America: Arms Dealer to the World,” reporter William Astore wrote, “From 2006 to 2010, the U.S. accounted for nearly 1/3 of the world’s arms exports.” However, in 2010, Astore claimed that, in spite of a recessionary downswing, “The U.S. increased its market share to a whopping 53%.” As the undisputed masters of war, America shipped weapons to 62 different countries.

According to the Stockholm International Peace Research Institute, of the top 20 global weapons dealers, 16 are U.S. corporations. These include: (1) Lockheed Martin, (2) Boeing, (3) Northrop Grumman, (4) General Dynamics and (5) Raytheon.

Rounding out, the biggest arms selling nations in the world include Russia, Germany, France, Britain and China. Taken together with the U.S., these countries supply more than 80% of total weaponry.

If arms are being manufactured and sold, obviously somebody has to be buying them. On March 19, Agence France-Presse provided an analysis of these purchasers. India was far and away the No. 1 importer of weaponry, followed by South Korea, Pakistan, China (which is also a big exporter) and Singapore. Overall, these five countries accounted for 30% of all international arms imports.

But leaders who stock up on weapons can find themselves in serious trouble.

After Libyan leader Muammar Qaddafi surrendered his weapons of mass destruction in 2003, Britain, France and the U.S. began selling him billions of dollars worth of arms. Oddly, at the same time, anti-Qaddafi rebels were tapping the black market for high-tech weaponry such as rocket-propelled grenades and machine guns. As everyone now knows, in 2011, a NATO-led army of the same countries that previously sold weapons to Qaddafi led an attack on Libya, which ultimately resulted in the death of Qadaffi and about 20,000 others.

Arms dealing is “the single most lucrative business there is,” said Houston-based international defense attorney Frank A. Rubino. “It’s unbelievably profitable,” he added.

Rubino should know. As the lead trial counsel for Panamanian strongman Manuel Noriega as well as arguing cases before the U.S. Supreme  Court, Rubino was also involved in the Pan Am 103 bombing trial at The Hague. Such a background allows Rubino to frequently defend individuals involved in the illegal arms business.

During an April 26 interview with this writer, Rubino said: “Black-market arms deals occur in the dark shadows. But the amount of money generated is incredible. We’re talking about millions and millions of dollars, and the profits are extremely high.”

When asked where the hottest spot on the globe is for this type of nefarious activity, Rubino replied: “Africa, because of all the warlords and private armies in countries such as Somalia who are always looking to acquire arms.”

Middle Eastern countries are the world’s No. 2 hot spot for illegal arms sales, he explained.

He broached the subject of last year’s Libyan invasion. “The forces opposing Qaddafi clearly bought their weapons on the black market from individual profiteers,” he said. “They probably originated or were manufactured in Russia or China.”

AMERICAN FREE PRESS inquired as to how much of this Libyan firepower found its way there from America. “I’m not sure how many guns came from the United States,” said Rubino. “That’s a question for the Central Intelligence Agency, not me.”

Rubino pointed out that, “the CIA also puts a lot of weapons on the streets. They give weapons to one side, then the other side so it’s balanced. These countries always get more than they need, so plenty of guns go out the back door”.

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Banks Can No Longer Hide the Collapse

May 16, 2012 Leave a comment

By LUIS MIRANDA | THE REAL AGENDA | MAY 16, 2012

It’s been at least four years since the current financial collapse began. Back in 2008, when the crisis was already taking shape, the banks supported by international financial institutions such as the IMF, World Bank, Bank of Europe, Bank of England and the US Federal Reserve did not hesitate to calm everyone down saying that the earliest signs of a global financial collapse were nothing to worry about. It was all a minor cough, they said. But as time went by, those who warned about the coming depression were proven correct. The forecasts of local, regional and global crisis were unfortunately true.

Today, four years after the banks recognized the existence of a ‘difficult situation’ due to the accumulation of sovereign debt, we have confirmed, over and over, that the threat of a global financial collapse is greater than ever, and that it is just a matter of time before more countries declare bankruptcy. The crisis did not begin with Greece, as many would have us believe. It did not start with Iceland either. In fact, Iceland did what it had to do in order to clean its own house. The collapse began from the moment the bankers were set free to gamble away investments into fake financial products they invented to lure nations into fast and easy returns on their savings.

The signs of the crisis have been so alarming, that in the past few weeks the same entities that once said there was no crisis, and that the economy would begin to pick up, started to warn that the world was getting to edge of the precipice. Their acceptance of the inevitable did not come easy. It was only after reality made it impossible to hide the current financial collapse that the bankers had to come out and publicly accept that their debt based business model came to an end. However, this acceptance was not a clear ‘it is our fault’ kind of thing. Instead, the bankers sought to blame countries for their irresponsible management of savings and investments which the bankers themselves had helped to carry out by swindling politicians and bureaucrats to divest their people’s monies to put it all in one single bag; the banker’s bag.

The collapse couldn’t have happened without the help of accomplice politicians who opened their country’s doors to powerful financial institutions by deregulating their activity, permitting investment banks to fuse their operations with savings banks. Those banks then offered toxic financial products which countries around the world invested their monies in under the premise that their cash would be returned fast and multiplied many times over.

As we now know, in the case of Greece and Iceland deregulation brought about more debt rather than a healthy recovery. The difference is that Iceland decided to face their debt problem the right way, liquidating what needed to be liquidated instead of bailing out their banks and other institutions that had used their money to buy credit default swaps. Greece on the other hand decided to bend over to the bankers’ demands and began accept supposed financial aid provided by other European nations. As a result, the country is in a financial comma from where it will probably not wake up unless it exits the Euro zone and goes back to the drachma, its former currency. Greece’s exit from the Euro will not only allow it to start fresh, but also will free the country from the chains attached to it by powerful European bankers in command of the fraudulent Euro scheme. Greece’s only possible change of survival as a nation is to reject the payment of a gigantic illegally incurred debt acquired by corrupt politicians on behalf of their people, who were not consulted about it. Most of that debt, as it happened in the case of Iceland, does not belong to the Greek, but to banks themselves.

As we reported before, people have begun to realize that their trusted leaders defrauded them and one by one they’ve been voted out of office. Greece’s former Prime Minister was outed, France’s Sarkozy was also kicked out of office and Angela Merkel had giant loses in the latest state elections in Germany. Meanwhile, in the United States, the man who came with change written all over himself will most likely be changed next november. Any and all efforts made by the bankers to provide a rosy picture of reality has failed because reality has shown the dark side they didn’t want people to see.

World stocks and the euro have fallen in value as nations become less capable of paying their debt. Banks all over the Eurozone continue to be downgraded and borrowing rates for eurozone countries continue to go up as none of the nations are trusted to pay their dues. Attempts by Greece’s President to form a new government which he openly called to be composed by technocrats failed Tuesday and new elections will have to take place. The rejection by Greek politicians to form a government led by their president comes during a time when the country is incapable of paying the interests on its debt and with it the likelihood of Greece abandoning the Eurozone becomes more real than before.

The shaky conditions in the Mediterranean nation has prompted people to take their money out of the banks. In the last week, depositors have withdrawn at least 1 billion out of Greece’s banks and the trend is expected to continue. Meanwhile, the Bank of England has cut down its forecast for economic growth for Britain as it warned that the debt crisis was the biggest threat to the financial recovery. Suddenly the organizations that promoted indebtedness are now portraying themselves as the speakers of truth. In its announcement, the BoE says that growth will be limited to just 1 percent, as supposed to just over 1 percent, a number given by the bank in a previous financial report. The BoE also cut down its growth estimate for 2013. It now sets it at 2 percent, as supposed to 3 percent from its previous estimations in February.

The financial crisis’ effects have been augmented by the interconnectedness of the global economy, composed by economic blocks as supposed to independent nation-states. Nowadays, a sneeze in Italy will carry its waves to all the European Union. A protectionist measure in Argentina will impact the whole Mercosur. Another trend that shows the reach of the current financial crisis is the movement of large amounts of cash from one country to another. Investors seem to trust Germany more than Greece as they’ve bet their assets will be safer there. The interest rate which Germany must pay to borrow money for 10 years fell to the lowest level ever in early trading on Wednesday, which is a reflection of the growing concern about the need for Greece to carry out elections. “New elections are risky because they could confirm the population’s support for anti-austerity parties and lead eventually to a eurozone exit”, said bond strategist Jean-Francois Robin to AFP.

The latest voice of alarm came from the International Monetary Fund’s President, Christine Lagarde, who said that when it comes to Greece she is prepared for anything, and that she believes that a Greek exit from the Eurozone must be done in an orderly fashion. Both Angela Merkel and Greece’s President, Karolos Papoulias, have gone out fear mongering on the public they most make the right decision in the coming election, of face a “threat to our national existence”. According to the UK Telegraph European shares and the euro itself fell again. The stock markets, such as the Eurostoxx 600 fell 0.7 per cent to a year-low; Germany’s Dax dropped 0.8 percent and Spain’s Ibex was down 1.6 per cent. In London the FTSE100 slid 0.5 per cent. These are clear signs that not even the banks believe that a solution to the Greek crisis will emerge, or that a recovery will take place anytime soon.

Elsewhere in Europe, the worrisome situation in Spain, for example, further accelerates the collapse of the Euro system. The rate of borrowing for debtor nations which are seen as riskier borrowers jumped sharply this week. In Spain, the market rate on 10-year bonds increased to 6.49 percent, exactly .4 above the levels that analysts consider safe to sustain in the long run. Despite its decision to once again bailout commercial banks, Spain continues to struggle to keep its head over the water. The banks that the country is trying to ‘rescue’ from their knowingly bad investments are feeling their loses from their loans to the real-estate sector, which collapsed in 2008. Local media reported today that Moody’s, an entity created by the banks themselves, was ready to once again cut down the ratings of some 20 spanish banks just a couple of days after it cut down the ratings of 26 Italian banks.

Italy, Spain and Portugal are said to be the next countries that will join Greece in the financial bankruptcy wagon; a process that will only be delayed if the European bankers decide to continue with their policies to force the hand of countries which they are in complete control of to bailout more local banks that invested in heavily toxic financial products. This process is set to go on for as long as the bankers need in order to further consolidate power in Europe and the United States. The final implosion will occur after the banks have absorbed the largest and most important nations of the troubled European Union zone, which is originally composed by 17 countries.

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Psychotropic Industry Making a Killing

May 15, 2012 Leave a comment

By LUIS MIRANDA | THE REAL AGENDA | MAY 15, 2012

The largest medical conspiracy is not the one that causes physical disease to hundreds, thousands or millions of people, but the one that is set in motion to control the minds of people. Today, the psychotropic industry not only makes billions of dollars a year through the sale of pharmaceutical products used by psychiatrists and psychologists to “treat” their patients, but also, knowingly and purposely deplete the minds of those who use such products.

The way in which Psychiatry as a pseudo-science became relevant in modern society is one story in itself. Large medical organizations, academia and powerful foundations are responsible for the adoption of “curing” techniques that originated back in the early 20th century which sought to treat patients with archaic, torturous procedures that were nothing more than live human experiments whose effectiveness were based on nothing but hunches. With the advancement of science, psychiatrists saw an opportunity to achieve the goal they had not been able to achieve despite multiple trials with their insane physical treatments.

In 1967, psychiatrists met in the island of Puerto Rico to conspire and create what they thought was the best way to make people mental servants of the medical-scientific-pharmaceutical industry. Their plan was to create, provide and even mandate people to take a whole new range of psychotropic products that they’d recommend as the only solution for a list of nonexistent mental diseases that people would be made to believe they actually had. During their meeting, these so-called medical experts and men of science, such as Heinz Lehmann, Joseph Zubin, Nathan Kline, Charles Savage and others, expressed their desire to control people’s minds. They produced a document or report called “Psychotropic Drugs in the Year 2000″ where they outline their plan for the future.

The purpose of these psychiatrists was clear, as it was expressed by Wayne O. Evans. “We see a developing potential for nearly a total control of human emotional status, mental functioning, and will to act.” What Evans described was the medical establishment’s complete plan to bring people under control with the use of pharmaceutical products that would be pushed through trusted scientists, medical journals and ultimately with the help of medical doctors who were to a great extent indoctrinated into believing the drugging someone for life was the best way to cure their mental and physical illnesses.

Psychotropic drugs used to treat problems like dementia, stress, depression and other supposed mental conditions aren’t safe at all. In fact, they are responsible for a wide range of side effects including violence, desire to commit suicides and homicide in addition to making patients addicted. In the best case scenario, psychotropic drugs have managed to kill more people; not help them, than cure them of their physical ailments. Their side effects are almost never studied before they are put out and the addiction they cause is simply referred to as dependence. Psychotropic drugs, which are legally sold and recommended by health practitioners are responsible for more deaths than illegal street drugs. According to research, over half of the people who commit suicide in the United States are patients or users of psychotropic drugs prescribed to them. A short list of these drugs include: Zoloft, Paxil, Prozac, Wellbutrin, Effexor, Seroquil and Ultram, among others.

In the past few weeks, multiple reports in the media have pointed to abuse of psychotropic drugs by soldiers who are sent to the battle field even though they are mentally unprepared to face the reality brought to them when in combat situations. Psychotropic drugs are even given to soldiers as a way to mentally flush their brains and eliminate any fear, phobia or intolerance to the crude reality of a combat zone, so they can be deployed 3, 4 or more times. As reported by Fox News, psychotropic drugs are responsible for military suicides, and warnings about the consequences of their use and abuse have been issued by psychiatrists themselves, the ones not committed to use prescription drugs to cure anything and everything. They’ve said that “the risk from side effects is too great.” The calls to stop using prescription drugs to make soldiers tolerant to the stress of the battlefield have become louder and louder. “There’s no way on earth that these boys and girls are getting monitored on the field,” said Dr. Peter Breggin, a New York-based psychiatrist. “The drugs simply shouldn’t be given to soldiers.”

But the use and abuse of psychotropic drugs doesn’t only happen in the army. It also occurs in mental institutions, which in most cases are places filled with people who were forced by their doctors to be imprisoned in such places “for their own good”, and who are then submitted to long and painful medical treatments that include the intake of prescription drugs for the rest of their lives. Many of these patients are children who are deemed by their doctors as troubled, which qualifies them to become lab rats in a mental institution where they are loaded with psychotropic drugs — that are often in their experimental phase — in order to calm down or in theory eliminate the origin of the trouble pointed by the medical expert. Children as young as 7 suffering from neglect, abuse or who simply were not raised by two parents, are prescribed antipsychotic drugs for the rest of their lives, and are taught that only the continuous use of pharmaceutical drugs will take them out of their supposed mental illness. Drugs like Lexapro and Vyvanse are responsible for children suicide. Others are prescribed Symbyax, a drug that supposedly works as an anti-depressant, even though its label clearly states that it may lead to suicide.

Today, 100 million people around the world are on psychiatric drugs. How did we come to this? Their doctors convinced them that they were mentally sick. They talked them into believing that every mental or emotional experience was an example of a mental or emotional disease. They told them that stress, anxiety, depression and every other reaction to their lives experiences were treatable diseases and that they had the solutions and the cures for them. Although more and more psychiatrists confess that their profession lacks the science they often claim to have, that their analysis and treatment of patients is a trial and error process, when they are in front of their patients, many of these professionals do not hesitate to recommend drugs that will only worsen any mental or physical medical problem. “We don’t have any blood tests, or any other medical tests that are definitive for any mental disorder,” said a psychiatrist from New Jersey, outside and medical convention venue. This statement was similar to what another psychiatrist from Mexico City said: “If you come to my office and tell me you are depressed, there is no medical test or blood test…” And the testimonies about the medical uncertainties of psychiatry and their so-called medical cures continue: “There aren’t currently any available tests to verify your diagnosis,” said a psychiatrist from Greece.

Even when psychiatrist and drug makers know that their products have dangerous side effects and that the scientific base for the manufacturing of these products is faulty to say the least, they have no problem whatsoever to wake up every morning to go to their offices and recommend the pharmaceuticals to their unsuspecting patients. Many of these patients often become part of the list of at least 3000 people a month who directly die because of the use of psychotropic drugs recommended by their doctors. Many people were shocked on September 11, 2001, when around 3000 people were murdered during the terrorist attacks in New York and Pensilvannia. Most people fail to realize that as bad as 9/11 was, the kind of crime committed that day is actually replicated monthly or perhaps more often by doctors prescribing pharmaceutical drugs to their patients. According to publicly available data, 70% of the psychotropic drugs used by people with supposed mental disease are prescribed by their trusted medical doctors. “They use what I call statistical contortionism. They manipulate the numbers to make them look fantastic and hide the bad numbers,” says Shane Ellison, an organic chemist who used to work for as a drug researcher for pharmaceutical giant Eli Lilly.

According to the film Making a Killing: The Untold Story of Psychotropic Drugging, the number of psychotropic drugs has grown exponentially since 1966. Back then there were a total of 44 different products. Today, the number reaches 176 different pharmaceutical drugs available for doctors to sell to their patients. It is through this direct relationship between doctors and patients together with clever marketing directed to medical professionals — in seminars and conferences — that the pharmaceutical industry managed to do exactly what elite psychiatrists had planned 40 years ago. The top five pharmaceutical drugs sold around the world bring in about $18 billion dollars for Big Pharma every year. This is about the same amount obtained when we add up the GDP of half of the nations of the world. As a whole, the psychiatric industry, says the film, makes a grand total of $330 billion dollars a year of the health and well-being of millions of people around the world.

This article is just a quick summary about how the pharmaceutical industry’s unholy alliance with the medical industry helped drive the goals planned for many decades ago. We recommend you watch the film Psychiatry: An Industry of Death, in order to obtain a strong background about the origins, workings and goals that the pseudoscience of Psychiatry has for all of us. Then, for a more contemporaneous view on what is the Psychiatry Industry doing right now and how the unholy alliance works, please watch the film Making a Killing: The Untold Story of Psychotropic Drugging. Furthermore, pass the information contained in this article and the films cited above to as many people as possible.

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