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Tuesday, October 22, 2013

Lindsey Williams on A Call To Decision

Brace for impact...
Lindsey Williams reveals the time line from here to January
Confiscation of pension funds, Dollar devaluation and Banks closure.


The End Game Memo with Greg Palast

Why I’m So Worried About Japan’s Ballooning Trade Deficit

Trade is one of the critical elements in Abenomics. Devaluing the yen would boost exports and cut imports. The resulting trade surplus would goose the economy. But the opposite is happening. It isn’t happening in small increments, with minor ups and downs, as it did in the US spread over decades, but rapidly and with a brutal relentlessness. It’s not energy imports that are driving it – they actually dropped! It’s because of a fundamental shift. And it doesn’t bode well for Japan’s economy, not at all, or for the new religion of Abenomics.
Exports rose 11.5% in September from prior year, according to the Ministry of Finance. It disappointed the wishful thinkers. Given that the yen lost about 20% of its value over those twelve months, export volume actually declined. But imports soared 16.5%, and the trade deficit hit ¥932.1 billion ($9.5 billion).
It was the worst September trade deficit ever. It continues a steep trend: August was the worst August ever, July the worst July ever, June the worst June ever, May the worst May ever. And so on! A trend that has been getting worser and worser, as they say. At a dizzying rate.
It was the 15th month in a row of trade deficits, the worst such sequence since anyone started counting, worse even than the 14-month series in 1979-1980. And there is nothing whatsoever on the horizon that signals a turnaround.
The September trade deficit was 66.7% higher than a year ago. By contrast, in September 2011, Japan had a trade surplus of ¥300 billion and in 2010 a surplus of ¥774 billion. Hefty trade surpluses in September had been the norm. For the 9 months, the deficit jumped 66% to ¥7.74 trillion from the same period last year. It more than sextupled from the same period in 2011. In 2010, Japan had a surplus of ¥4.9 trillion. An unrelenting, breath-taking deterioration.
The chart shows how the trade deficit in each month of 2013 deteriorated sharply from the equivalent month in 2012; and how those months had deteriorated from their equivalent months in 2011:
On the positive side for Japan is trade with the US as administrative barriers block US imports. The Japanese auto market, for example, remains hermetically sealed off to mass-market imports, and no Administration has been willing or able to crack it open. So the trade surplus with the US ballooned by 25% to ¥533 billion.
China and Japan might try to gouge out each other’s eyes, but they do trade. Nearly a quarter of Japan’s exports end up there, and nearly a quarter of its imports come from there. Neither country can let the political saber-rattling get in the way of trade. It would take down both economies.
Trade with China can be murky; a large portion of exports to China are transshipped through Hong Kong. So we look at China and Hong Kong as one. Exports to both combined rose 12.6% to ¥1.41 trillion, less than the yen devaluation, and actual volume declined. But combined imports soared 31% to ¥1.69 trillion, for a deficit of ¥287 billion. Japan used to be one of the few major countries that had trade surpluses with China. In the halcyon days before the financial crisis.
But don’t blame oil, natural gas (LNG), and coal for the soaring imports.
Imports of mineral fuels actually declined 1.0% in September. The only import category to decline! All other import categories jumped deep into the double digits. Among them: manufactured goods up 22.2%; machinery up 37.9%; electrical machinery up 46.6%, and within in it, semiconductors, up 59%.
Japan used to be a manufacturing powerhouse in the categories of “machinery” and “electrical machinery.” Semiconductors used to be one of the industries where Japanese companies were world leaders. But the entire industry is in the process of being phased out in Japan as companies have shifted production to overseas locations, and as foreign competitors have eaten their lunch.
The classic reasons for offshoring production of even sophisticated products – cheap labor and being closer to end customers – have played a role for many years. But the trend has gained momentum since the earthquake of March 2011, when companies were struggling with their supply chains, electricity shortages, transportation issues, and other hiccups. They could instantly reappear with the next major earthquake. One way around those problems was to diversify production to overseas locations. And it has spawned a relentless movement by Japanese companies to invest overseas, rather than in Japan.
Devaluing the yen doesn’t change that equation. It makes imports more expensive and the trade deficit worse. But it puts some cheap gloss on income statements as companies translate overseas revenues and earnings into the devalued yen. Yet they’re not repatriating the moolah, and the Japanese economy can’t benefit.
There is absolutely nothing on the horizon – not even a mirage – that indicates that this shift of money and production to entities in distant countries might ever slow down or even reverse. The real economy will bleed from these wounds, while monetary policy and gargantuan fiscal deficits are injecting addictive and ultimately toxic drugs into the system. Not a good combination.
As the Fukushima fiasco hobbled from cover-ups to partial revelations, mega-utility TEPCO always pretended the situation was under control. But days after Tokyo scored the 2020 Olympics, that pretense fell apart. Now Prime Minister Abe begged for international help. Read… After Snatching Olympics, Japan Suddenly Admits Fukushima Not “Under Control,” Begs For International Help

Read more at http://investmentwatchblog.com/why-im-so-worried-about-japans-ballooning-trade-deficit/#sFo4sEDV57epUi20.99

This Lack Of Syrian Aggression Will Not Stand, Saudi's Furious At US

That Saudi Arabia has been furious at the US for refusing to be the monarchy's puppet Globocop, and in the last minute declining to bomb Syria following Putin's gambit in which World War III seemed a distinctly possible consequence of John Kerry's hamheaded "YouTube-substantiated" false flag campaign, is no secret. However, while the US has largely forgotten this latest foreign policy debacle and the humiliation it brought upon the Department of State, Saudi Arabia is nowhere close to forgetting. Or forgiving. And this time the anger comes from the one man who truly matters, and whom we dubbed several months ago as the puppetmaster behind the Syrian campaign: the man in charge of Saudi intelligence, Prince Bandar Bin Sultan.

The WSJ reports overnight, that Prince Bandar told European diplomats this weekend that he plans to scale back cooperating with the U.S. to arm and train Syrian rebels in protest of Washington's policy in the region, participants in the meeting said. This demonstratively framed announcement follows Saudi Arabia's surprise decision on Friday to renounce a seat on the United Nations Security Council. "The Saudi government, after preparing and campaigning for the seat for a year, cited what it said was the council's ineffectiveness in resolving the Israeli-Palestinian and Syrian conflicts."

In short: Bin Sultan has decided to take the stage and make it quite clear that this lack of aggression by the US will not stand. The question is: what can or will he do?

Diplomats here said Prince Bandar, who is leading the kingdom's efforts to fund, train and arm rebels fighting Syrian President Bashar al-Assad, invited a Western diplomat to the Saudi Red Sea city of Jeddah over the weekend to voice Riyadh's frustration with the Obama administration and its regional policies, including the decision not to bomb Syria in response to its alleged use of chemical weapons in August.

"This was a message for the U.S., not the U.N.," Prince Bandar was quoted by diplomats as specifying of Saudi Arabia's decision to walk away from the Security Council membership.

U.S. officials said they interpreted Prince Bandar's message to the Western diplomat as an expression of discontent designed to push the U.S. in a different direction. "Obviously he wants us to do more," said a senior U.S. official.

Obviously. What is odd is that the "proxy" intelligence chief appears to have usurped foreign policy decision-making from the Saudi king himself.

Top decisions in Saudi Arabia come from the king, Abdullah bin Abdulaziz al Saud, and it isn't known if Prince Bandar's reported remarks reflected a decision by the monarch, or an effort by Prince Bandar to influence the king. However, the diplomats said, Prince Bandar told them he intends to roll back a partnership with the U.S. in which the Central Intelligence Agency and other nations' security bodies have covertly helped train Syrian rebels to fight Mr. Assad, Prince Bandar said, according to the diplomats. Saudi Arabia would work with other allies instead in that effort, including Jordan and France, the prince was quoted as saying.

If there was any confusion that the entire Syrian campaign was purely at the behest of the Qataris and the Saudis as we first suggested in May, it can finally be put to bed.

The monarchy was particularly angered by Mr. Obama's decision to scrap plans to bomb Syria in response to the alleged chemical-weapons attack in August and, more recently, tentative overtures between Mr. Obama and Iran's new president.

Diplomats and officials familiar with events recounted two previously undisclosed episodes during the buildup to the aborted Western strike on Syria that allegedly further unsettled the Saudi-U.S. relationship.

In the run-up to the expected U.S. strikes, Saudi leaders asked for detailed U.S. plans for posting Navy ships to guard the Saudi oil center, the Eastern Province, during any strike on Syria, an official familiar with that discussion said. The Saudis were surprised when the Americans told them U.S. ships wouldn't be able to fully protect the oil region, the official said.

Disappointed, the Saudis told the U.S. that they were open to alternatives to their long-standing defense partnership, emphasizing that they would look for good weapons at good prices, whatever the source, the official said.

In the second episode, one Western diplomat described Saudi Arabia as eager to be a military partner in what was to have been the U.S.-led military strikes on Syria. As part of that, the Saudis asked to be given the list of military targets for the proposed strikes. The Saudis indicated they never got the information, the diplomat said.

"The Saudis are very upset. They don't know where the Americans want to go," said a senior European diplomat not in Riyadh.

To be sure, not just Prccne Bandar is angry - everyone else in Saudi is now fuming at Obama too:

In Washington in recent days, Saudi officials have privately complained to U.S. lawmakers that they increasingly feel cut out of U.S. decision-making on Syria and Iran. A senior American official described the king as "angry."

Another senior U.S. official added: "Our interests increasingly don't align."

Fair enough: but what can it do? It is no secret, that as the primary hub of the petrodollar system which is instrumental to keeping the dollar's reserve status, Saudi has no choice but to cooperate with the US, or else risk even further deterioration of the USD reserve status. A development which would certainly please China... and Russia, both of which are actively engaging in Plan B preparations for the day when the USD is merely the latest dethroned reserve currency on the scrap heap of all such formerly world-dominant currencies.

Perhaps the only party that Saudi can lash out at, since it certainly fears escalating its animosity with the US even more, is Russia. And perhaps it did yesterday, when as we reported, a suicide-bombing terrorist incident captured on a dashcam killed many people, and was supposedly organized by an Islamist extremist - of the kind that Bandar told Putin several months ago are controlled and funded by Saudi intelligence chief.

If true, and if Saudi wants to project its impotence vis-a-vis the US by attacking Russia, this will likely culminate with the Sochi winter Olympics. So will Prince Bandar be crazy enough to take on none other than the former KGB chief? And more importantly, just like in the US Syrian fiasco, what happens when and if Putin retaliates against the true power that holds the USD in place?
Credit to Zero Hedge

Hollywood Unmasked

Warning: graphic images


The Council on Foreign Relations (CFR), Trilateral Commission (TLC), and Bilderbergers (with covert assistance from others) are said to run the world through manipulation of the banking and financial systems.
 In the United States it is the Federal Reserve, a private organization that most Americans incorrectly assume is owned, run, and/or controlled by our government. In other countries, the World Bank is in control of international finance and ultimately tied to a group some call the "Illuminati."
 Webster’s Illustrated Encyclopedic Dictionary gives the following definition under the word “illuminati,” and it couldn’t be more accurate if it had been written by your traditional right-wing conservative.

1) Persons claiming to be unusually enlightened with regard to some subject. 2) a. The members of a secret society of freethinkers and republicans that flourished in Germany during the late 18th century. Also called “Illuminaten.” b. Persons regarded as atheists, libertines, or radical republicans during the 18th century (such as French Encyclopedists, the Freemasons, or the freethinkers). 3) The members of a heretical sect of 16th-century Spain, who claimed special religious enlightenment.
Consider the first definition: “Persons claiming to be unusually enlightened with regard to some subject.” Members of the Illuminati consider themselves to be the only ones qualified and sufficiently enlightened to run the world, and they are power-hungry enough to scheme until they actually control it…and us. The second definition (part “a”) refers to a “secret society” going back to Germany as far as the eighteenth century; part “b” says they were regarded as atheists, libertines, and radicals, and further adds a reference to the Freemasons. The third brings in the religious aspect of the Illuminati, calling it a heretical sect claiming special religious enlightenment.

Where the CFR, Trilateral Commission, and Bilderbergers emphasize control of the world through control of world finances, the Illuminati/Freemasons, Skull & Bones, and similar secret societies found on university campuses around the world focus on education, or the control of the minds of our future leaders. Of course, they all adhere heavily on the “good ol’ boy” network, where anyone who belongs to the organization is assured successful placement in a position of power and prominence. In personnel or other selection, priority is always given to candidates who are brothers of this elite group over applicants or candidates who are not.

Antony Sutton, former research fellow at the Hoover Institution, Stanford University, as well as professor at California State University, Los Angeles, authored the bookAmerica’s Secret Establishment: An Introduction to the Order of Skull & Bones. It details the Order of the Skull & Bone (without becoming an initiate), gives a brief background on the origin of the Illuminati, and makes the case for a plausible link between the two groups, though the author is careful to point out that his documentation is inconclusive as yet.

The Illuminati [a secret society] was a group of Bavarian conspirators dedicated to the overthrow of government. The society was founded on May 1, 1776, by Adam Weishaupt, Professor of Canon Law at the University of Igolstadt [while in America we were busy drafting the Declaration of Independence]. The Order of the Illuminati presumably ceased to exist when it was raided by the Bavarian police in 1786.… The Order was dissolved and its seized papers published. Because the Bavarian state ordered the Illuminati papers published, we have authentic information about the organization and its methods of operation.… Subsequent investigation [of those documents] determined that the aim of the Illuminati was world domination, using any methods to advance the objective, i.e., the end always justifies the means. It was anti-Christian although clergymen were found in the organization. Each member had a pseudonym to disguise his identity [a truly secret society in every sense of the term]. (See: Antony Sutton, “America’s Secret Establishment—An Introduction to Skull and Bones,” American Buddha Online Library, last accessed September 25, 2013.)
The Illuminati’s concept of education can be traced to the influence of early nineteenth-century German philosophers. These concepts were introduced in the United States by postgraduate students studying in Europe, bringing their ideas back home with them, then instigating the Illuminati plan to educate our youngsters according to their goals and philosophies.

Antony Sutton states (quoting John Robinson in Proofs of a Conspiracy): “So far as education is concerned, the Illuminati objective was as follows: ‘We must win the common people in every corner. This will be obtained chiefly by means of the schools, and by open, hearty behavior, show, condescension, popularity, and toleration of their prejudiceswhich we shall at leisure root out and dispel’” (emphasis added; ibid.).

Johann Friedrich Herbart was a major German philosopher when the Yale postgraduate students were studying there. Herbart adhered to the Hegelian philosophy (the state is superior to the individual) and thoroughly indoctrinated his protégés in this teaching.

Therefore, “For Herbart, education had to be presented in a scientifically correct manner, and the chief purpose of education,” in his opin­ion, was:
…to prepare the child to live properly in the social order, of which he is an integral part. The individual is not important. The mere development of individual talent, of individual fitness, mental power, and knowledge is not the purpose of education. The purpose is to develop personal character and social morality, and the most important task of the educator is to analyze the activities and duties of men within society. The function of instruction [according to Herbart] is to fulfill these aims and impart to the individual socially desirable ideas. (emphasis added; Antony Sutton, “America’s Secret Establishment”)
In today’s vernacular, we would call this being “PC” (politically correct). All these ideas in today’s American educational philosophy can be recognized as originating and being transmitted by members (knights and patriarchs) of Skull & Bones, having been learned at the feet of Illuminati educators.

As we progress further into this investigation, you will become increasingly aware of how many people are members of two or more such orders. For example, former president George H. W. Bush is a member of the Order of Skull & Bones (as was his father before him), as well as a member of both the Council on Foreign Relations and the Trilateral Commission. Other prominent contemporary members of Skull & Bones include Winston Lord, former ambassador to China; US senators David Boren of Oklahoma and John Chaffe of Rhode Island; as well as William F. Buckley (was the conservative publisher of The National Review), among others.

According to Sutton, those on the “inside” of Skull & Bones know it simply as “The Order.” Others have known it for more than one hundred and fifty years as “Chapter 322” of a German secret society, which we will discuss in the next entry. For legal purposes it was incorporated in 1956 as the Russell Trust. It was also once known as the “Brotherhood of Death.” The casual name (or the name sometimes used derogatorily) is “Skull & Bones,” or just plain “Bones,” and it is not just another Greek letter campus fraternity with passwords and secret handshakes. It is far more insidious. Chapter 322 is a secret society whose members are sworn to silence (they are supposed to actually leave the room if someone outside the Order even mentions the name Skull & Bones). So far as we can determine, it exists only on the campus of Yale University, though rumors are beginning to surface indicating there may be a select number of other locations; additionally, rumors have begun to circulate regarding possible links to a couple of other secret societies on the Yale campus: the Scroll & Key and Wolf’s Head, both founded in the mid-nineteenth century. Allegedly, these are competitive societies; however, Sutton believes them to be part of the same network. It has rules and rituals…ceremonial rites which we will mention briefly a little later.

Sutton states that its members “always deny membership…and in checking hundreds of autobiographical listings for members, [he] found only half a dozen who cited an affiliation with Skull & Bones” (ibid.). He is concerned about whether the many members of the various administrations (either elected or appointed) have declared their membership in the biographical data supplied to the FBI for their obligatory “background checks,” implying that it is not likely.
Further, Sutton asserts, then documents, that the Order is unbelievably powerful.
Skull & Bones is an organization of only senior students at Yale University. Each year, only fifteen initiates are selected in their junior year. The Patriarchs (see below) only meet annually on Deer Island in the St. Lawrence River.
PICTURED: Skull & Bones Members George W. Bush & John Kerry
Admission to Skull & Bones is by invitation only; there is no lobbying, electioneering, or applying for membership. During commencement week, the juniors are privately “tapped.” The junior is given an option: “Skull & Bones. Accept or reject?” This method has not changed since the Order’s inception in 1832. “Those who accept, presumably the greater number, are invited to attend the Bones Temple on campus to undergo an initiation ceremony [described briefly below]… For the ambitious, ‘tapping’ is the magic password to a future [success-guaranteed] career.” Potential candidates are apparently selected based on their school and extracurricular activities, their support of Yale, and particularly their sports ability—teamwork is held in very high esteem. The most unlikely choice would be “a loner, an iconoclast, an individualist, [a person who] goes his own way in the world.” They want people who put the Order first, without question, and who will abide by the rules at all costs. Sutton states:
The most likely potential member is from a Bones family, is energetic, resourceful, political, and probably an amoral team player. A man who understands that to get along you have to go along. A man who will sacrifice himself for the good of the team. A moment’s reflection illustrates why this is so. In real life, the thrust of the Order is to bring about certain objectives. Honors and financial rewards are guaranteed by the power of the Order. But the price of these honors and rewards is sacrifice to the common goal, the goal of the Order. Some, perhaps many, have not been willing to pay this price. (Antony Sutton, “America’s Secret Establishment”)
Initiates undergo bizarre rituals and initiation ceremonies with sexual overtones, conducted on the order of brainwashing techniques designed to strip the initiate of all pride and sense of self. The initiates are then “reprogrammed” to embrace only the philosophies and goals of the Order. (Sutton describes these rituals in great detail in his book.)
At any given time, about five to six hundred members are alive and active. Roughly about one quarter of these take an active role in furthering the objectives of the Order; the others either change their minds or just lose interest and become silent dropouts.
Credit to Tom Horn

The Financial Pyramid of Power

Sometimes it is beneficial to pause and try to intellectually understand what the American people are fighting against. We see the daily struggles (e.g. threats to our pensions, bank accounts and civil liberties), however, what seems to be missing is a narrative which provides a macro view which reveals that there is a centralized plot designed to bring the nations of the world and its people to its knees and then impose one centralized political and economic authority.
I will not mince words here, this is also a classic battle between good and evil and for now, evil is winning hands down.  

 You Are Playing In a Rigged Game

Let’s take a moment and examine the financial ground rules that we all live by. First, you need to realize that the first and only rule of the New World Order is that there are no hard and fast rules of the New World Order. I understand that in order to wrap your mind around this concept, it will require a huge paradigm shift because you have been raised to follow a set of established rules. This constitutes a naive world view and you need to realize that the rules that we are made to follow were only designed by the central bankers to keep you and me in line and to limit our ability to collectively compete with them both financially and politically.
Even though there are no rules when we deal with the structure of the central bankers, there are, however, two things that you can generally count on. Number one, most of you spend a significant portion of your day earning money to keep the wolf from the door. Your life is largely predicated on meeting your financial obligations so that you can survive. This principle was established by the elite in order to keep you working for them for your entire life. They have built a financial system in which they know how much to pay you and still keep you dependent on their system. Their system is a conscious predication of making you overpay on your home for 30 years because this keeps you working until just before you drop dead. Also, your retirement is the carrot they dangle in front of you for 50 years in order to keep you working for them.
For most of us, we work for peanuts in comparison to the wealth our labors collectively generate. On the other hand, the global elite spend their day trying to contemplate ways to add to their bottom line and, more often than not, your earned resources are their target. Directly, or indirectly, you work for the global elite and they compensate you with a miniscule fraction of what you make for the elite. Then your financial masters concoct plots designed to separate you from you money by using the power of government. We see evidence of this paradigm with the MERS mortgage fraud, stealing depositor’s money, rigging the stock market and the central bankers printing their own money so they can acquire hard assets.
federal-reserve-child-debt-300x300Even though Americans have participated in a rigged game, mostly since 1913 with the inception of the Federal Reserve, the system has minimally sustained the middle class in this country. However, as I have written extensively about the economic assault against the American people over the past several weeks, these central banksters are preparing to collapse the system and any semblance of law and order in our financial systems will disappear. Most Americans will prove to be easy prey to this strategy because their collective cognitive dissonance will not permit them to see all the danger signs. In short, the people in our country expect our political leaders and our captains of industry to follow the same rules that they impose upon us and this is a grossly naive and fatal world view.

We Exist In a Predatory, Not a Benevolent World

Have you figured this game out yet? You are playing in a predatory game where “might makes right” is the standing order of the day. The global elite constitute the hunters and your resources are the hunted. Every strategy, and I mean every strategy being employed by the central bankers is geared towards the fulfillment of one goal: Separate the middle class from their money and then use that money to purchase hard assets in anticipation of the dollar collapsing, for when the smoke clears, the elite will have all the toys and the middle class will have all the debt. This is a classical Marxist example of total class warfare. However, before you judge the institutions of the global elite, please realize that they are fighting for their very lives.

The Food Chain Comprising the Global Banking Empire

If you want to know who is controlling the money in the world and who has the power to decide what direction the global economy will take, simply follow the money to its source.
bis collapseAs far as can be determined, the global economy has three players. Let’s call the executive directors of this grand economic scheme, the Bank of International Settlement. The second level of power is the one that we see making decisions on a daily level. These organizations include the global central banks. In the United States, this group is called the Federal Reserve Board which is an unelected cabal of private bankers who have wrestled the financial power of this country away from Congress and control the nation’s money. If an entity controls the money, they also control those who use their money (you and me), through the establishment of a predatory debt enslavement system. You learned this principle of finance as a teenager when your parents told you, “For as long as you live under this house, you will do what I say.” The power of the purse determines who controls behavior.
The third level of power of this unholy system are the financial institutions of a nation. In our case in America this would be institutions such as Goldman Sachs, other lesser Wall Street investment houses as well as the megabanks (e.g. Bank of America, Chase, Wells Fargo, etc.).
Technically, there is a fourth level and that would be you, me and the sheep of this country. However, this group has no real power because we have fallen victim to the global elite’s designed divide and conquer strategies (e.g. gay vs. straight, citizen vs. illegal, abortion vs. right to life, Democrat vs. Republican, etc.). If the fourth element comprising the people would develop a collective consciousness and some competent leadership, we could make the first three levels of power disintegrate. Don’t hold your breath, we are all too brainwashed by the system to achieve this level of awareness.

The BIS and Sun Tzu

sun tzuOver 2,000 years ago, Chinese military strategist, Sun Tzu, imparted a knowledge of military strategy which is still being taught in our service academies and in our war colleges. One of the primary principles of Sun Tzu consists of the concept of placing one’s soldiers on “death’s ground” if you want them to fight hard and achieve victory against all odds. The best military example that comes to mind is what happened to the WWII Normandy invasion force at Omaha Beach on June 6, 1944. These men were thrown onto a beach where there was no retreat and they were only going to leave the beach dead or victorious. The BIS has employed a Sun Tzu strategy of placing its second level of power on death’s ground.
The BIS developed the money game that we refer to today as futures derivatives. It is a Ponzi scheme in which brokers quickly flip a product or service at a greatly inflated price in the hope of a huge profit and it does not matter if the selling price matches the real value of the product. The rules are to get into the game early, flip some product and then get out before it all collapses. As with all money games, eventually the game quickly rolls up and only the individuals and organizations who began the game are the only ones who make money.
derivatives for dummiesWhen the derivatives were introduced, the second tier of economic power on the planet (i.e. the central banks and its financial enforcement arms) could not resist the allure of a quick financial score. No more patiently waiting for the 4% margin of profit to come to fruition through wise and deliberate investing. Profits of 100%, 1000% and much more were possible by following the new money game called derivatives.
What caused the global economy to collapse is that most developed nations require that derivative transactions be backed by financial organizations capable of endorsing and underwriting the transaction with their line of credit. It is the equivalent of a parent co-signing for a car loan for their children. When the Ponzi scheme eventually dried up these financial transaction guarantors were on the hook for the losses. Hence, this is the reason that former Goldman Sachs executive, and then, Treasury Secretary, Hank Paulson told Congress that if they did not provide the bailouts, the ensuing economic crisis would cause massive and violent civil unrest resulting in a brutal form of martial law. In short, the BIS money game policies have now placed the second tier of financial power on this planet on death’s ground and this was all by design.

The Goal of the BIS

debt enslavementThe overall goal of the global elite as expressed through the BIS, is to establish a New World Order which means the total elimination of the sovereign nation state which will enslave all the remaining people on the planet. They want a system in which they control the economy through one dominant currency and they desire to politically control the world through the United Nations through such policies as Agenda 21. In order to achieve these goals, two objectives must be accomplished. First, the rank and file must be economically devastated so that they will accept a global currency along with a new set of economic policies. To accomplish this objective, the people have to placed in such dire straits that they will beg for relief from a relentless and crushing debt. As far as the second goal, political consolidation of the planet can only occur through WWIII in which all of the stubborn nation state members of the planet (e.g. Russia, China, Syria, Iran, etc.) are drawn into a war and are crushed.

Crushing the Global Economy

As the Ponzi schemes of the derivatives market began to fail and institutions such as Goldman Sachs were crumbling, this constituted placing this second tier of power on death’s ground. Institutions such as Goldman Sachs and to some degree, the central banks were having their very existence threatened. With a debt of at least $1 quadrillion dollars created by the derivatives, which is 16 times greater than the entire gross product of the planet, these institutions turned even more predatory than before in an attempt to stay one step ahead of the burning bridge. As a result, the American people are facing a pack of level two wounded and desperate animals designed to steal every financial asset that they can. Now, does the MERS mortgage fraud make more sense? Do you now understand why selected institutions have been robbed blind (e.g. MF Global and Naomi Wolf)?  Do you understand that the worst is yet to come?
There is one other consideration in that the second tier of financial power on this planet will eventually run out of assets to plunder and will begin to prey upon each other. This is the breeding ground of WWIII in which both goals of the BIS can be accomplished.
Since Obama failed to deliver the beginnings of WWIII by not being able to invade Syria, he will not likely finish his term of office. I expect that he will be given one more chance to get us militarily into Syria as a starting point, or a scandal (Benghazi, IRS harassment scandal, etc.) will end his presidency. This is why Obama needs a false flag followed by martial law. The end game is to create a pretext for war and to eliminate all competition to his mandated views and subsequent actions.
Prior to the commencement of WWIII, more plundering is continuing. In fact, the IMF will soon be into your personal bank account in just another plot of the long line of financial tyranny being imposed by the second level of economic power on this planet. This will be the subject of the next article in this series.
CREDIT TO the common Sense Show

Earthquake hits northern Israel for fifth time in a week

A mild earthquake hit northern Israel on Tuesday, marking the fifth quake in a week to hit areas near the Kinneret.

The earthquake hit the north-western part of the Kinneret at 8:50 A.M. local time and registered a magnitude of 3.3 on the Richter scale.

On Sunday, two earthquakes rocked the Kinneret at a magnitude of 3.6 on the Richter scale.

The first earthquake on Sunday happened around noon. As in the two previous earthquakes, no damage was reported. It isn't clear what the recent string of quakes means in terms of future seismic events.

Early in the morning on Saturday, at 2:30 A.M., another mild earthquake also with a 3.6 magnitude was recorded. According to the geophysical institute, the earthquake's epicenter was nearby, in the area between the Hula Nature Reserve and the Sea of Galilee.

Last week, an earthquake with a magnitude of 3.5 was recorded in roughly the same place as Sunday's earthquake.

"There were similar cases in the past in which a number of earthquakes clustered around the same time and place, among other cases in Lebanon and the Gilboa," said Dr. Uri Friedlander the head of the Israel Geophysical Institute Sunday. "The truth is we don't know what this recent string means."

The Kinneret is located on the seismically-active Great Syria-African Rift. In a number of cases in the past, the area saw devastating earthquakes with a magnitude of 6 and upward. Sometimes, a series of earthquakes could mean the release of energy that had built up in the earth and thus would mean that there is less of a chance of a devastating earthquake taking place in the near future, but it isn't clear that this is the case here.

The last devastating earthquake in Israel took place in 1927. It had a magnitude of 6.2 and its epicenter was in the Dead Sea. 300 people perished.

Credit to Haaretz

Russia and Iran expanding military cooperation and arms trade

In his four-day trip to Tehran, Russian Air Force Chief Gen. Viktor Bondarev and his hosts, Brig. Gen. Hassan Shasafi and other senior Iranian military chiefs, laid the groundwork for a series of agreements to upgrade their military ties to a level unprecedented in their past relations. DEBKAfile’s military and Iranian sources report that Iran is deliberately accentuating those ties as a message to the Western powers that if they give the Islamic Republic a hard time over its nuclear program, it will go all the way to a full-dress defense pact with Russia.

Moscow has its own reasons for being keen to expand its military ties with Tehran:

1. Signing defense accords and arms transactions with Iran will give Russia its first serious military foothold in the Persian Gulf;

2. Moscow is not only seeking to compete with the US military presence in the Gulf but also displace America and China in the weapons markets of the Middle East.
3. Major Russian-Iranian arms deals will be a precedent for important weapons transactions brokered by Saudi Arabia with Egypt. Moscow sees the shape of a weapons-trading triangle that could be exploited in the future for Russia to serve in the role of mediator between Riyadh and Tehran.

These are long term strategic goals for the Kremlin.

Iran additionally keeps at the front of its mind the potential for an Israeli or American military strike on its nuclear program if the diplomatic track runs into the sand – especially since the Islamic regime has no intention of giving up what it considers its right to develop nuclear power and enrich uranium.

That is the truth behind the make-believe posture in some Western circles that Iran offered the Geneva conference last week a list of concessions on its nuclear program.

Tehran has put in special requests for massive Russian technological assistance for upgrading its missile industry by extending the range of their ballistic missiles and improving their precision. The Iranians also see a chance to renovate their aging air force and have applied for Russian fighters, interceptors, transports and refueling planes as well as training facilities for air force flight crews.

After Moscow refused to deliver them advanced S-300 anti-air missile systems, the Iranians set up programs for developing home-made products. They claim to have built their own S-200 interceptor missiles and are offering to shell out hefty sums for the purchase of new Russian technology to improve them.

The visiting Russian air force chief therefore had plenty to discuss with his Iranian hosts. Especially significant was his visit Monday, Oct. 21 to the Iranian anti-air command at Khatam Al-Anbiya and his conversation with its head, Brig. Gen. Farzad Esmaili.

Credit to DEBKAfile

Another One Trillion Dollars ($1,000,000,000,000) In Debt

George Washington Crying

Did you know that the U.S. national debt has increased by more than a trillion dollars in just over 12 months?  On September 30th, 2012 the U.S. national debt was sitting at$16,066,241,407,385.89.  Today, it is up to $17,075,590,107,963.57.  These numbers come directly from official U.S. government websites and can easily be verified.  For a long time the national debt was stuck at just less than 16.7 trillion dollars because of the debt ceiling fight, but now that the debt ceiling crisis has been delayed for a few months the national debt is soaring once again.  In fact, just one day after the deal in Congress was reached, the U.S. national debt rose by an astounding 328 billion dollars.  In the blink of an eye we shattered the 17 trillion dollar mark with no end in sight.  We are stealing about $100,000,000 from our children and our grandchildren every single hour of every single day.  This goes on 24 hours a day, month after month, year after year without any interruption.
Over the past five years, the U.S. government has been on the greatest debt binge in history.  Unfortunately, most Americans don't realize just how bad things have gotten because the true budget deficit numbers are not reported on the news.  The following is where the U.S. national debt has been on September 30th during the five years previous to this one...
09/30/2012: $16,066,241,407,385.89
09/30/2011: $14,790,340,328,557.15
09/30/2010: $13,561,623,030,891.79
09/30/2009: $ 11,909,829,003,511.75
09/30/2008: $10,024,724,896,912.49
The U.S. national debt is now 37 times larger than it was 40 years ago, and we are on pace to accumulate more new debt under the 8 years of the Obama administration than we did under all of the other presidents in U.S. history combined.
Of course all of the blame can't be placed at the feet of Obama.  During the last two elections the American people have given the Republicans a solid majority in the U.S. House of Representatives, and the government cannot spent a single penny without their approval.
Unfortunately, House Speaker John Boehner and the Republicans that are allied with him have repeatedly turned their backs on the people that gave the Republicans the majority and they have authorized trillions of dollars of new debt which will be passed on to future generations of Americans...
Since John Boehner became speaker of the U.S. House of Representatives on Jan. 5, 2011, the debt of the federal government has increased by $3,064,063,380,067.72. That is more than the total federal debt accumulated in the first 200 years of the U.S. Congress--during the terms of the first 48 speakers of the House.
In fact, if all of that debt had been given directly to the American people, every household in America would have been able to buy a new truck...
The $26,722 in new debt per household accumulated under Speaker Boehner would have been more than enough to buy every household in the United States a minivan or pickup truck--or to pay three years of in-state tuition (not counting room and board) at the typical state college.
Sometimes we forget just how much money a trillion dollars is.  In aprevious article, I included some illustrations that I believe are helpful...
-If you were alive when Jesus Christ was born and you spent one million dollars every single day since that point, you still would not have spent one trillion dollars by now.
-If right this moment you went out and started spending one dollar every single second, it would take you more than 31,000 years to spend one trillion dollars.
We are doing the exact same thing that Greece did, only on a much larger scale.  What we are doing is not even close to sustainable, and it will inevitably end very, very badly.  The following is what Michael Pento, the president of Pento Portfolio Strategies, told RT the other day...
"That $17 trillion everybody says its 107 percent of GDP, that’s true. But who really cares about the percentage of GDP? It’s the percentage of the debt as a percentage of the revenue – its 700 percent of our revenue. Deficits are growing at 30 percent of our revenue every year added to the deficits we have already. So it’s unsustainable. What is going to happen eventually – a currency and bond market collapse! And it’s not going out 20 years, as I also heard someone mention. In 2016 we’ll probably be spending 40 percent of all of our revenue just to service our debt. That is what the interest payments will equal."
The U.S. debt situation is so bad that even the Prime Minister of Cyprus is scolding us...
"The U.S. has been fortunate in the sense that it’s like a bank, it prints the money that other people accept. So you can live beyond your means over an extended period of time without being punished by the market."
Unfortunately, we will not be able to live way beyond our means forever.  Reality is going to catch up with us at some point.
Right now, the rest of the world is lending us giant mountains of money at interest rates that are far below the real rate of inflation.  This is extremely irrational behavior, and this state of affairs will probably not last too much longer.
But if interest rates go up, it will absolutely cripple the U.S. economy.  For much more on this, please see this article.
And what would make things much, much worse is if the rest of the globe starts moving away from using the U.S. dollar.  At the moment, the U.S. dollar is the de facto reserve currency of the planet and this creates a tremendous demand for U.S. dollars and U.S. debt.
If that changes, it will be absolutely catastrophic for the United States, and unfortunately there are already lots of signs that this is already starting to happen.  I wrote about this in my recent article entitled "9 Signs That China Is Making A Move Against The U.S. Dollar".
But don't just take my word for it.  Just a couple of days ago a major U.K. newspaper came to the same conclusions...
China has overtaken the US as the world’s largest oil importer and goods trading nation. Over the next five years, it will surpass the rest of the world combined in its consumption of base metals.
Given the scale of the country’s consumption of fossil fuels and raw materials, it is only a matter of time before the renminbi replaces the dollar as the primary currency for trading commodities and resources such as crude oil and iron ore.
The debt ceiling farce in Washington and China’sgrowing reluctance to continue underwriting the US economy by buying up its bonds and adding to America’s near $17 trillion (£10.5 trillion) debt mountain suggests that this tectonic shift in the global trade system could be just around the corner.
So what will happen when the rest of the world decides that they don't need to use our dollars or buy our debt any longer?
At that point the consequences of decades of incredibly foolish decisions will result in an avalanche of economic pain that the American people are not prepared for.
Earlier today, I came across a photograph that perfectly captures what America is heading for.  The following photo of Mt. Rushmore crying has not been photoshopped.  It was taken by Megan Ahrens and it was posted on the Tea Party Command Center.  If George Washington was alive today, this is probably exactly how he would feel about the nation that he helped establish...
Mt. Rushmore Crying
Credit to Economic Collapse