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Monday, June 15, 2015

China Confirms Hypersonic Missile Test

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China’s defense ministry on Friday confirmed a fourth test of a new hypersonic strike vehicle was carried out last week.

“The scheduled scientific research and experiments in our territory [are] normal, and those tests are not targeted at any country and specific goals,” said the ministry in response to a report of the test published Thursday by the Washington Free Beacon.

U.S. defense officials disclosed the latest test of what the Pentagon calls the Wu-14 hypersonic glide vehicle and said the most recent test, conducted June 7 in western China, involved extreme maneuvers by the high-speed strike weapon.

The advanced strategic strike weapon travels at speed of up to 10 times the speed of sound, or more than 7,600 miles per hour.

The Wu-14 test was carried out amid heightened tensions between the United States and China over Chinese aggression in the South China Sea.

The test also took place days before a top Chinese military leader, Gen. Fan Changlong, vice chairman of the Central Military Commission, met senior U.S. officials in Washington.

Defense Secretary Ash Cater met Fan at the Pentagon on Friday and discussed China’s island building in the South China Sea.

“Carter reiterated U.S. concerns on the South China Sea, and called on China and all claimants to implement a lasting halt on land reclamation, cease further militarization, and pursue a peaceful resolution of territorial disputes in accordance with international law,” the Pentagon said in a statement on the meeting.

Critics in Congress said Fan should not be allowed to visit the United States in light of recent reports of the Chinese military’s hacking of U.S. government computer networks, and the aggression in the South China Sea.

Chinese analysts said the Wu-14 test, launched atop a ballistic missile, was timed to the Fan visit as a way to express China’s displeasure with U.S. opposition to Chinese island-building in disputed waters of the South China Sea, the South China Morning Post reported.
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“The test is aimed at helping Fan increase the People’s Liberation Army’s bargaining power on the negotiation table when he deals with his U.S. counterpart,” Macau-based military analyst Antony Wong Dong told the Hong Kong daily.

Another Chinese analyst, He Qisong of Shanghai University, said the hypersonic glide vehicle test was a political message in response to the flight of a U.S. P-8 surveillance aircraft two week ago over the South China Sea.

“The Wu-14 … is designed to penetrate US missile defense systems, meaning the PLA is capable of defending China’s territorial sovereignty,” he said. “But such a test is only a nuclear deterrence. Neither China nor the U.S. wants to declare war over the South China Sea issues.”

The June 7 Wu-14 test was the fourth time China tested the ultra-high-speed maneuvering weapon. Earlier tests took place in 2014 on Jan. 9, Aug. 7, and Dec. 2.

The Washington Free Beacon first reported the tests.

U.S. intelligence has assessed the Wu-14 to be a nuclear delivery vehicle designed to defeat U.S. missile defenses, which currently are designed to counter ballistic missiles and warheads that have predictable trajectories.

Current U.S. missile defenses are not capable of countering maneuvering targets, such as the Wu-14. The U.S. government insists that its missile defenses are not designed to counter Chinese or Russian strategic missiles.

The Wu-14 can travel up to 10 times the speed of sound, or around 7,680 miles per hour.

A congressional China commission stated in a report published last fall that “hypersonic glide vehicles could render existing U.S. missile defense systems less effective and potentially obsolete.”

China also is developing a hypersonic weapon that employs a high-technology scramjet engine.

The Pentagon has said its main counter to such maneuvering high-speed missiles is an extended-range version of the Army’s Terminal High Altitude Area Defense, or THAAD, missile defense system.

The House version of fiscal 2016 defense authorization bill would add $291 million for the advanced THAAD development to counter hypersonic threats.

Credit to freebeacon.com

Will The ECB Finally Use The Greek "Nuclear Option" This Wednesdsay?

This was not supposed to happen: by now the Greek insolvency "can" should have been kicked, and the Greek government, realizing the money has run out for both the government and the banking system, should have folded to Troika demands, and allow the Troika money to return repaying obligations to the Troika in exchange for more spending cuts. 
Instead, the "game theoretical" approach of bluffing until the end, and beyond, has put both countries in a corner from which neither knows how to escape, and with the "final deal deadline" passing this weekend we now have quotes such as this from the EU:
while in an op-ed due to be published today in German newspaper Bild, German Vice Chancellor and Economy Minister Gabriel has been quoted as saying that ‘the shadow of a Greek exit from the euro zone is becoming increasingly perceptible’ and that ‘repeated apparently final attempts to reach a deal are starting to make the whole process look ridiculous, there is an even greater number of people who feel as if the Greek government is giving them the run-around." So time for another "final attempt" then:
Meanwhile, Greece digs in over its red lines:
And yet, in this climate of animosity between the IMF (which as a reminder walked out of talks last Thursday), and the Commission (whose amicable attitude toward Greece promptly soured over the past week), there is still one way Europe can promptly end the impasse.
As a reminder, on Friday when we looked at the latest Greek one-day outflow which saw another €600 million leave local banks, we said that "next Wednesday is when a non-monetary policy board meeting of the ECB non-governing council will take place in Frankfurt where Draghi and company will discuss the issue of guarantees of Greek banks and perhaps the proposal for collateral "haircut." 
Earlier today, Deutsche Bank hinted at the ECB meeting as just the place where the ECB, which has until now stayed out of the ever more rancorous Greek spat, and in fact has buttressed may just invoke the nuclear option. From DB's Jim Reid:
The ECB non-monetary policy meeting is also scheduled for Wednesday. George believes that a lack of progress on Thursday should see a more formal deadline put on Greece, beyond which capital controls will be implemented.
Which makes us wonder: with both sides digging in and unwilling to budge, will Europe revert back to its strategy from day 1, namely creating a slow initially, then fast bank run in Greece, one which leads to gradual then sudden capital controls, resulting in civil discontent and disobedience and ultimately, a violent overthrow of the Greek government. 
The best way to achieve all of that would be to use the aptly named Cyprus "blueprint" - after all, with the "successful" Cyprus capital controls already tested out, and with the Greece stalemate going nowhere and leading to a loss of credibility in the EU, it may be time for the ECB to do what it did on March 21, 2013 when it issued the following statement:
Governing Council decision on Emergency Liquidity Assistance requested by the Central Bank of Cyprus

The Governing Council of the European Central Bank decided to maintain the current level of Emergency Liquidity Assistance (ELA) until Monday, 25 March 2013.

Thereafter, Emergency Liquidity Assistance (ELA) could only be considered if an EU/IMF programme is in 
place that would ensure the solvency of the concerned banks.
So will Wednesday see an identical press release issued by the ECB, only with "Greece" instead of "Cyprus"? Because with the ECB's emergency liquidity assistance already covering some 64% (call it two-thirds following the latest weekly outflows) of total Greek deposits... 

... if there is one way to bring the Greek "crisis" to a grinding halt, it would be to give the Greeks themselves the "option" of regaining access to their now "capital controlled" funds if and only if they "choose" a different government, like any true democracy?
Considering that according to the latest poll, for the first time a majority, or 50.2%, of Greeks want the government to accept the creditors’ proposals to prevent the country’s bankruptcy, this may be just the catalyst to push the population over the edge and to tell Tsipras that Europe has won?
Credit to Zero Hedge

Russian jet flies close to Nato ships in the Baltic Sea in a show of military force

It has been reported that a Russian military aircraft flew within 150 metres of a group of Nato warships in the Baltic Sea last week.

The British, French and German ships' close call with the plane was reportedly caught on video, although the footage has not yet been released.

Although no one was injured and no weapons were fired, representatives from Nato reportedly saw the incident as an attempt at intimidation, amidst growing tensions between Russia and the west, politically and militarily.

CNN quoted a US State Department official as saying: "We are not calling this safe and professional. We are calling it routine, but we are on the edge of being very uncomfortable."

This kind of low-level intimidation and show of military presence is not uncommon between Russian and Nato militaries.

Credit to The Independent

Surviving the Jade Helm Era Depends On Taking Your Money Out of the Bank

Now that you that you know, or should know, that your bank account is no longer owned by you, a prudent man would also realize that your retirement, 401k, your home and even your freedom is at risk. It is time for you to salvage what you can and then put what’s left of your resources towards surviving what is coming. Literally, your life depends on whether you begin to take your assets out the bank and begin to purchase life sustaining supplies as well as build an economic base designed to meet future requirements in a post-Jade Helm world. 
This article will make more sense if you visit The Common Sense Show website and read the articles posted between November 16-20, 2014 and what you will discover will be the following:

1. Your bank deposits are no longer considered to be money.

2. The Credit Swap derivatives have priorty over all bank depositors in case of widespread bank failures. The FDIC will not know your name.

3. On November 10, 2014, the Federal Reserve, the FDIC and the UK banks practiced for widespread bank failure.

4. Drastic policies have been enacted which inhibit your ability to take your money of your bank.

5. Ultimately, the globalists will be coming for your pensions and 401 K’s in addition to the loss of your bank account

The Petrodollar is on the verge of collapse. Some are forecasting that the run on the banks could begin at anytime between now and October of 2015. I do not make financial predictions and attach dates to the predictions, however, given the volatility of the present market, I feel strongly that one might want to error on this side of caution.  

The Death of the American Economy

There was an obscure story which ran three years ago which is receiving scant attention and yet, it is the banking story of the decade. It is the number one banking story in human history. It is the story which will destroy America’s banking accounts. It is the story that spells the beginning of the end of America’s financial empire. This is the end of the America’s financial empire and NOBODY is talking about it. What is that story? First, the prerequisite background. 

Our Crushing Debt

And this will be looked at as the good ole' days.
And this will be looked at as the good ole’ days.
Nearly every publication estimates the derivatives debt to be in the range of one quadrillion dollars to $1.5 quadrillion dollars. Conservative estimates tell us that this derivatives debt, that has been assumed by the governments of the world, is at least 16 times the entire value of the assets of Planet Earth. This generation cannot pay off this debt. Your children, grandchildren and even great-great-great-great-great grandchildren cannot pay off this debt. If the status quo were to remain in place this debt could not be paid off in the 25th century, the 30th century, nor the 50th century. My estimates place the interest on the debt to exceed the entire value of the world’s assets and the interest is increasing far faster than the governments of the world can service the debt. Who is the debt owed to? It is owed to the first movers, the owners of the central banking system. If you want an identifiable target, let’s call the debt owners of the planet the Bank of International Settlement (BIS) along with their henchmen at the World Bank, the International Monetary Fund and their minions at the United Nations. The BIS is collapsing its own banking empire in order to usher in a New World Order which will be discussed later in the article.
The world’s economy has been dealt a fatal blow from which it cannot recover. No amount of budget, belt tightening will ever change this fact. the economy of every nation will fail including the United States and there is NOTHING that can be doneto alter that fact! We could literally be taxed at a 100% rate and the derivatives debt and the interest on this debt will continue to increase faster than the nations can pay the debt down.

Bank of America Case In Point

In an obscure, but well reported 2011 event, Bank of America announced it was shifting derivatives in its Merrill investment-banking unit to its depository arm, which has access to the Fed discount window and is protected by the FDIC. This was announced as a news blurb in the main stream media and was prominently reported in the Daily Bail.
This was the single biggest financial event in the history of America. It was bigger than the 1929 stock market crash and it was bigger than the beginning of the bail outs in 2008, but it did not received the banner headlines that it should have received. What does this mean? It means that the Bank of America’s European derivatives are now going to be “insured” by U.S. taxpayers and its two most important financial institutions, the Federal Reserve and the FDIC. What is even more distressing is that the Bank of America did not even seek or receive regulatory approval for this action. This action was simply acted upon on behalf of frightened counterparties. Under the Federal Bankruptcy Act of 2005, the counterparties derivatives debt receive “super priority” when it comes to the disbursement of FDIC insurance payments to failed banks. Where do the rest of us stand in terms of reimbursement for a failed bank? We, the account holders in our banks, are in last place. In short, when your bank fails, your money is gone.

Just how serious is the derivatives debt for the Bank of America? The Daily Bail reported that this was a “direct transfer of risk to the taxpayer done by the bank without approval by regulators and without public input . . . ”  The estimated total of derivatives debt tied around the neck of Bank of America is a little under $80 trillion dollars and is growing exponentially because of the interest payments. And yet, there is another shocker, JP Morgan Chase is receiving the same undue government benefit with $79 trillion of its  national derivatives debt guaranteed by the FDIC and Federal Reserve. What this means for you and me is that when Europe finally implodes and banks fail, U.S. taxpayers will hold the bag for trillions in insurance derivatives contracts, labeled as credit default swaps (CDS) which were sold by Bank of America and JP Morgan. This is when you will lose all control over your money and ultimately your life, if you are not prepared ahead of time.

As Plain As the Nose on Your Face

When the derivatives debt reaches the point where it causes our debt load to be so great that we cannot even service the interest, which is now $505 trillion dollars as per Michael Snyder, all financial institutions will fail. All governments will go into default.  If the Federal Reserve engages in “print money out of thin air policy” to cover the insurmountable debt, as they did with the bailouts in 2008, the resulting hyperinflation will make the German Weimar Republic seem like a prosperous economy. And do you think your money is safe because of the FDIC? Let me repeat, the FDIC, by law, must first pay the derivatives counterparties.
Since the derivatives debt exceed the world’s total wealth by a factor of at least 16, do you now understand how and why you are not getting your money back when EVERY bank fails in the near future?  
Just the debt insurance that Bank of America and JP Morgan Chase have obtained from the American people totals nearly $160 trillion dollars. Before you accuse me of being paranoid, first explain how that debt can be paid? It cannot be paid back, ever! Why? Because the U.S. government only takes in about $2 trillion dollars per year. Since we no longer have any meaningful tariffs on foreign imports. Thanks to the free-trade agreements, the people of the United States have no way to pay back this money. However, the banksters are grasping for breath as they die on the vine. However, they will not go down without a fight.
They are delaying the inevitable crash which will take them down with us. So, they are trying to keep their heads above water by stealing your bank accounts, your pensions and 401K’s. When your money is gone and your life is destroyed, the one solace we can take is that Wall Street will follow us right into the gates of hell as they will not survive either, and this is all by design. The purveyors of the central banking system are as evil as they come. They have set into motion the derivatives scheme so as to destroy all civilization so they can remake this planet in their own twisted image of their conceptualization of a Brave New World (order).

Out of Chaos Comes the New World Order

apoclaypse now

Where Should You Put Your Money?

In a post collapse America, paper currency will be worthless, so you can abandon your “cash under the bed solution”.  So, you may ask, where do you put your money today in order to economically survive tomorrow.
You need to invest your cash into precious metals and I do not mean gold or silver certificates. If you are going to buy gold or silver, remember, that “if you cannot touch it, you do not own it”.
If you need a suggestion, I would strongly urge you to consider investigating what Renaissance Precious Metals has to offer. Renaissance Precious Metals is sponsored by Steve Quayle.
Along the same lines, stay out of the Kmarts, Walmarts or any other slave labor mart. Do not shop in big box corporate stores. Buy local and only keep enough money in the bank to pay your monthly bills. Be careful how you withdraw your money. If you need a new home for banking, I would suggest using your local credit union and not Bank of America, JP Morgan, Wells Fargo, etc.
Be very careful when you move your money and know that if  you make a mistake, you could go to jail. In an upcoming article, I will review how you can convert your soon-to-be worthless cash assets into tangible products of sustainable wealth and I will help you do it without going to prison.
Walmart is a participant in the demise of America.  Stay out of Walmart at all costs.
Walmart is a participant in the demise of America. Stay out of Walmart at all costs. Along with Monsanto, Walmart is one of the two most evil corporations on the face of the planet.
Dave Hodges
Credit to Common Sense

Europe tells Greeks to prepare for 'state of emergency' as talks collapse

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Draghi urged to ignore "irresponsible" commentators

Mario Draghi has just begun his address in front of parliamentarians. He's promised us "a few words on the current situtation in Greece". Hold tight.

Introducing the ECB president, the parliamentary speaker urged Mr Draghi to ignore the recent "irresponsible" comments from foreign commentators. Naming no names, but that might be a dig at this piece from German Wolfgang Munchau in the FT this morning, where he calls for Greece to cut their losses and choose a Grexit.

An excerpt:

Grexit, of course, has pitfalls, mostly in the very short term. A sudden introduction of a new currency would be chaotic. The government might have to impose capital controls and close the borders. Those year-one losses would be substantial, but after the chaos subsides the economy would quickly recover.

Comparing those two scenarios reminds me of Sir Winston Churchill’s remark that drunkenness, unlike ugliness, is a quality that wears off. The first scenario is simply ugly, and will always remain so. The second gives you a hangover followed by certain sobriety.

So if this were the choice, the Greeks would have a rational reason to prefer Grexit. This will, however, not be the choice to be taken this week. The choice is between accepting or rejecting the creditors’ offer. Grexit is a potential, but not certain, consequence of the latter.

Greek documents leaked

Greek paper Kathimerini have got hold of the proposals from Athens which were subject to only 45mins of discussions last night. In the documents, the government plans to hit the proposed 1pc primary budget surplus target - this has been a key sticking point, with previous targets falling short of creditor demands.

The text says the government will hike VAT to yield €1.4bn for the state coffers, but would not increase rates on "basic goods, such as medicine, energy and fresh food". They also plan to make administrative efficiencies amounting to €2.3bn.

The measures also include €200m in defence spending cuts, and €71m in pension cuts for 2016. According to reports at the weekend in Germany, Athens planned to offset its pension spending with military cuts. The plan was given the provisional go ahead by Jean Claude-Juncker and Angela Merkel, but was torpedoed by the IMF who are insisting on pension sustainability as a point of principle it seems.

The measures also include a luxury tax on private yachts, a tax on TV advertisments and a hike on corporate profits.

Credit to The Telegraph

Divine Connection between the Fall of Syria, the Messiah and the End of Days

“The LORD your God will raise up for you a prophet like me from among you, from your fellow Israelites. You must listen to him.” (Deuteronomy 18:15)

Will the fall of Syrian president Bashar al-Assad herald in the Messiah? (Photo: Syrianist/Wiki Commons)

Daily headlines are increasingly pointing to the notion that the President of Syria, Bashar Hafez al-Assad, more commonly known as Bashar Assad, is losing his grip on Syria. Is this a sign that the End of Days are approaching?

There are several hints in sacred Jewish texts to a connection between the fate of Syria and the End of Days and, in particular, between the fall of Damascus, Syria’s capital city, and the imminent arrival of the Messiah, son of David.
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And it is a sign for you, when you see the Nero of the East fall in Damascus, the Salvation will come to Israel, and Mashiah Ben David will come… – Rabbi Shimon Bar Yochai

The 2nd century Jewish sage Rabbi Shimon Bar Yochai predicted that when an evil ruler in Damascus [the Nero of the East] falls from power, the Messiah, son of David, will appear. The End of Days blogger known as Tomer Devorah made the connection in a recent blog post.

Similarly, the Zohar, the foundational mystical Jewish text, says that when the king of Damascus falls, the Messiah will come. Since Damascus is Syria’s capital city, the current king of Damascus is none other than Bashar Assad.

Jerusalem is destined to reach Damascus – Shir Hashirim Raba, Chapter 7

More than a thousand years ago, the rabbinic commentary to the Biblical Song of Songs, known as Shir Hashirim Raba, predicted that Jerusalem will eventually reach Damascus.

One way of understanding this commentary is that the modern country of Syria will eventually revert back to being part of the Holy Land, which is symbolized by Jerusalem.

In the midst of the Yom Kippur war in 1973, the Lubavitcher Rebbe, Rabbi Menachem Mendel Schneerson, the then-head of the worldwide Chabad Lubavitch movement, spoke about the significant connection between the war in Syria and the End of Days redemption.

The Rebbe singled out the role of the Syrian capital of Damascus, calling it “a city with an ancient history [that] symbolized the stability of the Muslim world, and therefore the threat Islam posed to the Jewish people.”

Credit to BreakingIsraelNews.com
Read more at http://www.breakingisraelnews.com/43245/end-of-days-redemption-fall-syria-messiah-jewish-world/#mERVmQmk5B0zf0lC.99

How Obama's "Trade" Deals Are Designed To End Democracy

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U.S. President Barack Obama has for years been negotiating with European and Asian nations — but excluding Russia and China, since he is aiming to defeat them in his war to extend the American empire (i.e, to extend the global control by America’s aristocracy) — three international ‘trade’ deals (TTP, TTIP, & TISA), each one of which contains a section (called ISDS) that would end important aspects of the sovereignty of each signatory nation, by setting up an international panel composed solely of corporate lawyers to serve as ‘arbitrators’ deciding cases brought before this panel to hear lawsuits by international corporations accusing a given signatory nation of violating that corporation’s ‘rights’ by its trying to legislate regulations that are prohibited under the ’trade’ agreement, such as by increasing the given nation’s penalties for fraud, or by lowering the amount of a given toxic substance that the nation allows in its foods, or by increasing the percentage of the nation’s energy that comes from renewable sources, or by penalizing corporations for hiring people to kill labor union organizers — i.e., by any regulatory change that benefits the public at the expense of the given corporations' profits. (No similar and countervailing power for nations to sue international corporations is included in this: the ‘rights’ of ‘investors’ — but really of only the top stockholders in international corporations — are placed higher than the rights of any signatory nation.)
This provision, whose full name is “Investor State Dispute Resolution” grants a one-sided benefit to the controlling stockholders in international corporations, by enabling them to bring these lawsuits to this panel of lawyers, whose careers will consist of their serving international corporations, sometimes as ‘arbitrators’ in these panels, and sometimes as lawyers who more-overtly represent one or more of those corporations, but also serving these corporations in other capacities, such as via being appointed by them to head a tax-exempt foundation to which international corporations ‘donate’ and so to turn what would otherwise be PR expenses into corporate tax-deductions. In other words: to be an ‘arbitrator’ on these panels can produce an extremely lucrative career.
These are in no way democratic legal proceedings; they’re the exact opposite, an international conquest of democracy, by international corporations. This “ISDS” sounds deceptively non-partisan, but it's really a grant to the controlling international investors giving them a 'right' against the taxpayers in each of the signatory nations, a ‘right’ to sue, essentially, those taxpayers; and ISDS includes no countervailing ‘right’ to those taxpayers, to sue those international corporations; it’s an entirely one-sided provision, and it even removes the authority of the democratically elected national government to adjudicate the matter. It even removes the appeals-court system: once a decision is reached by the ‘arbitrating’ panel, it is final, it cannot be appealed. And no nation may present a challenge to the constitutionality of the ‘arbitrators’ decision. These treaties, if signed, will override the signatory nation’s constitution, on those matters.
This idea started after World War II and the defeat of the fascist nations on the military battlefields, and it moved this great fascist-v.-democratic war to a different type of battlefield. It’s round 2 of WW II.
Unlike many wars, WW II was an ideological war. On the one side stood the Allies; on the other, the fascist powers. The first fascist leader, Italy's Benito Mussolini, said in November 1933 that his ideal was “corporatism” or “corporationism,” in which the state, or the national government, serves its corporations (see page 426 there):
"The corporation plays on the economic terrain just as the Grand Council and the militia play on the political terrain. Corporationism is disciplined economy, and from that comes control, because one cannot imagine a discipline without a director.

Corporationism is above socialism and above liberalism. A new synthesis is created. It is a symptomatic fact that the decadence of capitalism coincides with the decadence of socialism. All the Socialist parties of Europe are in fragments.

Evidently the two phenomena—I will not say conditions—present a point of view which is strictly logical: there is between them a historical parallel. Corporative economy arises at the historic moment when both the militant phenomena, capitalism and socialism, have already given all that they could give. From one and from the other we inherit what they have of vitality. …

There is no doubt that, given the general crisis of capitalism, corporative solutions can be applied anywhere."
After World War II, the ‘former’ Nazi, Prince Bernhard, took up the fascist (lower-case f, indicating the ideology, instead of Mussolini’s Fascist political party; Bernhard had belonged instead to Hitler’s Nazi Party) cudgel, when he created in 1954 his then-secret (and still secretive today) Bilderberg group, which brings together the leaders, and the advisers to the leaders, of international corporations, meeting annually or bi-annually, near the places where major national leaders or potential future leaders have pre-scheduled to congregate, such as this year’s G-7 meeting in Bavaria, so that even heads-of-state (and/or their aides) can quietly slip away unofficially to join nearby the Bilderbergs and communicate privately with them, to coordinate their collective international fascist endeavor (and decide which presidential candidates to fund), to institute a fascist world government that will possess a legal control higher than what’s possessed by any merely national government. Just as the anti-Russian, anti-Chinese, G-7 conference ended on 8 June 2015, the Bilderberg conference opened 15 miles away three days later (after a few days of vacation in the Bavarian Alps), and Britain’s Telegraph (as it does every year with extraordinary boldness for the Western press) issued the list of attendees, which included top advisors to many heads-of-state, plus major investors in ‘defense’ stocks, plus top propagandists against Russia (such as Anne Applebaum).
Bilderbergers have always been opposed to the old ideal of an emerging global federalism of democracies to constitute an ultimate world government; they instead favor a dictatorial world government, imposed by (the controlling owners of) international corporations. The major international corporations are controlled by perhaps fewer than a hundred people around the world; and, the other billions of people, the mere citizens, will, in this plan, as realized under Obama’s ‘trade’ deals, be fined if a three-person panel of servants (the ‘arbitrators’) to that perhaps fewer than 100 people, rule to say that the given nation has violated the ‘rights’ of those ‘investors,’ and assesses the ‘fine’ against those taxpayers.
The first Bilderberg meeting was called together by Bernhard in a personal invitation which proposed that, “I think that a 'partnership for growth' is a fine idea. A good deal has been said but very little has been done about trade policy, and this would be a good place to start the partnership.” (Note the ‘Partnership’ in “Trans Pacific Partnership,” and in “Transatlantic Trade & Investment Partnership”; but TISA doesn’t use that term.)
Among the leading Americans at the first (and perhaps each of the subsequent) Bilderberg meetings, were Wall Streeters David Rockefeller and George Ball, both of whom subsequently lobbied the U.S. Congress heavily to replace national standards with international standards, something that would be an improvement if done within a democratic framework (which would thus have electoral accountability to the public, and be appealable and amendable), but they didn’t even mention any proposed framework, and virtually everyone at that time was simply assuming that nobody in ’the West’ would have any dictatorial framework in mind; everybody assumed that, after the defeat of the fascist nations, any emerging world government could only be democratic. This isn’t what Bilderbergers actually had in mind, however.
Matt Stoller, on 20 February 2014, bannered, “NAFTA Origins, Part Two: The Architects of Free Trade Really Did Want a World Government of Corporations,” and he reported, from his study of the Congressional Record, that:
After the Kennedy round [international-trade talks] ended [in 1967], liberal internationalists, including people like Chase CEO David Rockefeller and former Undersecretary of State George Ball, began pressing for reductions in non-tariff barriers, which they perceived as the next set of trade impediments to pull down. Ball was an architect of 1960s U.S. trade policy — he helped write the Trade Act of 1962, which set the stage for what eventually became the World Trade Organization.

But Ball’s idea behind getting rid of these barriers wasn’t about free trade, it was about reorganizing the world so that corporations could manage resources for “the benefit of mankind”. It was a weird utopian vision that you can hear today in the current United States Trade Representative Michael Froman’s speeches. …

In the opening statement [by Ball to Congress in 1967], before a legion of impressive Senators and Congressmen, Ball attacks the very notion of sovereignty. He goes after the idea that “business decisions” could be “frustrated by a multiplicity of different restrictions by relatively small nation states that are based on parochial considerations,” and lauds the multinational corporation as the most perfect structure devised for the benefit of mankind.
As for David Rockefeller, he wrote in the 1 February 1999 Newsweek an essay “Looking for New Leadership,” in which he stated (p. 41) the widely quoted (though the rest of the article is ignored): “In recent years, there's been a trend toward democracy and market economies. That has lessened the role of government, which is something business people tend to be in favor of. But the other side of the coin is that somebody has to take governments' place, and business seems to me to be a logical entity to do it.” He meant there that international corporations should have supreme sovereignty, above that of any nation. He always emphasized what he proudly called “internationalism.” To him, like to Ball, governments — that is, national governments —  were the problem, and democracy is not the solution. The solution is, to exact the contrary: provide supreme sovereignty to international corporations, as an international authority higher than any democracy, or that any nation.
A two-minute video succinctly states the case for UK citizens against ISDS regarding Obama’s proposed TTIP or Transatlantic Trade & Investment Partnership with Europe, but the case equally applies for all citizens, regarding Obama’s TPP with Asia, and his TISA with all countries for “Services,” including financial services and the ‘rights' that international financial corporations such as banks have to transfer their billionaires’ gambling (‘investment’) losses onto the taxpayers (via megabank bailouts). Obama’s ‘trade’ deals will thus internationalize the system to bail out billionaires on their losses. Furthermore, (as that linked source on TISA explained): if TISA passes, then the United States, which is virtually the only industrialized country that hasn’t socialized the health-insurance function, would be prohibited from ever socializing it. (This, mind you, from the very same Barack Obama who, while he was running against Hillary Clinton in 2008 to win the Democratic Presidential nomination, told the AFL-CIO, “I happen to be a proponent of single-payer universal healthcare coverage.”
He didn’t just lie: he’s now fighting to make socialization of health insurance absolutely impossible in the United States. No wonder why as President, Obama’s White House argued to the Supreme Court that no state may limit lying in political campaigns — that lying in politics is Constitutionally protected ‘Free Speech.’ Obama sets the record for phoniness.) 
The world is already almost completely fascistic. As I previously reported, it really, truly, is the case that the “World’s Richest 80 People Own Same Amount as World’s Bottom 50%.” And, furthermore, the only rigorous scientific study that has ever been done of the extent to which a recognized ‘democratic’ country actually is a democracy found that that nation definitely is not. The nation was the United States. The U.S. was discovered to be, and long to have been, a dictatorship, in which the people who are not in the richest 10% have no impact whatsoever on the nation’s policies. A brief video accurately summarized that study (by Gillens and Page) and explained why its findings are that way.
This 6-minute video is a crash course on political reality. That Gillens and Page study noted at the end, that, "Our findings also point toward the need to learn more about exactly which economic elites (the ‘merely affluent’? the top 1%? the top 0.01%?) have how much impact upon public policy.” However, the most detailed study of the flow of economic benefits and costs in the United States since 2000 has found that all of the economic benefits from ‘America’s economic recovery’ and ‘the end of the recession,’ etc., have gone only to the top 1%. (The ‘news’ media try to say it’s not ‘really’ so, but the finding is based on the most solid of all data, and that’s the most reliable way to calculate anything.) Another study, which I did, also based on the best available data, “The Top 1% of America’s Top 1%,” has shown that the reason for the immense power that’s within the top 10% is the soaring wealth-boost to only the top 0.01%, the very top end of the top end. Comparing the boost to incomes at America’s top 0.1% to that of the top 0.01%, one sees that most of the income of the top 0.1% is actually going to merely the top 0.01%, so that, as I summed it up, “the wealthiest of the billionaires are getting almost everything.” And, this is the situation even before the Bilderberg plan is fully in force. Obama’’s ‘trade’ deals wouldn’t just lock this in; they’d vastly increase the power, and also the wealth, of the perhaps 100 or fewer people who control the largest international corporations.
The fact that these ‘trade’ deals are being pushed right now, means that the people who are in power have concluded that, already, ‘the free world’ is so dictatorial, that the chances that their plan can now be imposed globally are about as good as is likely ever to be the case again. The time is ripe for them to establish a global corporate dictatorship. The political money this year will be flowing like never before.
Credit to Zero Hedge