Saturday, October 19, 2013
Friday, October 18, 2013
Don’t Leave Your Money in the Bank Without Reading This First
According to Naomi Wolf’s New York State Supreme Court complaint, she first discovered
“unexplained activity” on her three Washington Mutual (WaMu) checking accounts in 2005. The prominent feminist author claims that she diligently sought to “monitor the activity of her accounts.” However, Wolf was blocked in her own self-monitoring efforts when WaMu stopped sending her monthly statements and denied her access to her online account.
“unexplained activity” on her three Washington Mutual (WaMu) checking accounts in 2005. The prominent feminist author claims that she diligently sought to “monitor the activity of her accounts.” However, Wolf was blocked in her own self-monitoring efforts when WaMu stopped sending her monthly statements and denied her access to her online account.
The net result of WaMu’s alleged actions is that Wolf alleges that more than $300,000 was stolen from her three accounts and this resulted in her filing a law suit against the bank. What happened to Naomi Wolf is going to be played out all across this country. And we are not going to have long for all of us to realize that we are Naomi Wolf.
What Used to Be Unthinkable Is the New Norm
“. . . the game itself changed. By raiding the depositors’ accounts, a major central bank has gone where they would not previously have dared. The Rubicon has been crossed.”
Eric Sprott and Shree Kargutkar, “Caveat Depositor”
America, we now live in a thugocracy. The banksters are using the power of government to steal from Americans. These banksters control the Congress, the President and the judges. There is seemingly nobody who is beyond their sphere of influence as these criminals are the poster children for the old adage which states that “Every man has his price”.
This is the part of the article where the reader would be advised to hang on every word that is written, because the following will have a devastating effect on the financial well-being of every American.
There is absolutely no integrity in the banking system. There is no honor among these thieves. A scientific, technocratic mafia runs the banking system. These money changing criminals will keep enticing you to put your hard earned money into their privately run lairs of thievery. Everyone reading these words will be victimized in a manner similar to Naomi Wolf, if you keep the bulk of your funds in one of the Federal Reserve banks. Americans are woefully ignorant regarding how much danger their deposits are truly in. The thief is at the door and you are in danger of having everything stolen.
Most Americans Think That Their Deposits Are Safe
Some readers have written to me and have dutifully reminded me that the FDIC is at their bank standing guard over their deposits. How woefully and depressingly ignorant is that statement?
The FDIC odes not have the money to cover your deposits as it has only $25 billion in its deposit insurance fund. By law, the FDIC is required to keep a balance equivalent to only 1.15% of insured deposits on hand. Yes, America, that means that less than 2% of your deposits are covered.
Others have pointed out to me that the Dodd-Frank Act (Section 716) now bans taxpayer bailouts of most speculative derivatives activities. You remember the derivatives don’t you? They were the imaginary wealth that was built upon more imaginary wealth but were guaranteed with hard assets backed by the banks. When this house of cards collapsed, it pulled the banks down and led to the series of bailouts which has devastated our economy. Before continuing in this analysis, we need to review one very important detail.
The derivative debt in this country is estimated at $1 quadrillion to $1.5 quadrillion dollars. This is more than 16 times the value of every asset on the planet. There is no way that this debt can ever be paid, but that is not stopping the banks who are actively co-mingling their derivative debt with their other banking instruments including their customer savings deposits. We could fund 1,000 bail outs and there is only one unmistakable conclusion:
THERE IS ABSOLUTELY NO WAY THAT THIS DEBT CAN EVER BE PAID OFF! IT IS THE EXCUSE BEING USED, IN PERPETUITY, FOR THE BANKSTERS TO KEEP STEALING FROM YOU!
Therefore, when your bank defaults, and it will, the depositors as well as the banks will turn to the FDIC for relief. The FDIC will have no choice but to draw upon its credit line in order to cover a BofA, Wells Fargo and JPMorgan derivatives bust which has been co-mingled with savings account funds. The resulting effect is that this will require a taxpayer bailout to cover the credit line.This will negate the safety from the bailouts that the public thought that they were receiving under the Dodd-Franks bill of no more bailouts.
What very few people are talking about, and as is the case with all credit lines, this money will have to be paid back. Therefore, the coming default of the FDIC, used to cover the derivatives debt, will become the excuse for another taxpayer bailout. And on and on it goes.
When the last instrument has been looted and then deflated, where do you think that will leave you and your computerized digits that represent the bulk of your self-built financial empire? All of your life, most of you have worked for banker backed interest in some capacity and now, these banksters are stealing back the pittance they paid you in the first place. Where’s Karl Marx when you need need him? Bank depositors of the world, unite!
Conclusion
America is only another 90 days away with another potential date with destiny, another government default and shutdown. Meanwhile, the banksters are the driving force which forces us to the edge of financial destruction and it is never going to end until, we the people, have nothing left to steal. I am still highly concerned about the Cyber attack drill in the which the first of phases was completed yesterday without any apparent incident. As a reminder the cyber attack drill consisted of a simulated attack on more than 1,000 banks participating in a National Cyber-Attack Drill October 16-17 and again on October 23-24.
Phase two of this cyber drill will take place next week. As I have said before, I do not make predictions and I am not predicting a false flag event emanating from this event. However, given the nature of past false flag events (e.g. 9/11, 7/7 bombings and the Boston Marathon bombing), the conditions are ripe that this could turn into another false flag event. I think if the government had not avoided total default two days ago, the likelihood of this scenario turning into a false flag event would have been more certain. It would be wise for us to keep our eyes on October 23rd, but there is another major event that is rapidly approaching and it will require our immediate attention.
Of course, you could take your money out of the bank. Well, maybe you can…. Yesterday, Chase announced it is limiting customer withdrawals.
The International Monetary Fund is suggesting that countries tax the rich to fix deficit. This 
proposal is a Trojan Horse. The rich will not be taxed more, you will be. On the surface, this sounds like a wonderful idea. However, this proposal will allow the banks to reach further into your pocket. And the best thing of all for the banksters is that no false flag attack is required in order to keep on stealing from us. This will be the topic of the next part in this series.
proposal is a Trojan Horse. The rich will not be taxed more, you will be. On the surface, this sounds like a wonderful idea. However, this proposal will allow the banks to reach further into your pocket. And the best thing of all for the banksters is that no false flag attack is required in order to keep on stealing from us. This will be the topic of the next part in this series.
Credit to The common Sense Show
Putin declared his desire to put Israeli nukes on the table as a bargaining chip with Syria and Iran
Next week at the quiet Swiss lakeside resort of Glion, officials from the UN, Russia, US and the UK will gather, ostensibly to prepare for December’s Non-Proliferation Treaty conference in Helsinki.
The December meeting was originally slated for 2010. The purpose: to assemble the permanent members of the UN Security Council—aka, the world’s nuclear club—to work out a plan for making the Middle East a zone free of weapons of mass destruction (WMD).
One would think they would focus on ridding Syria of its chemical weapons and getting Iran to abandon its nuclear program. After all, Assad’s sarin gas attacks against civilians have outraged the world, leading Russian President Vladimir Putin to propose disarming Syria of its deadly gases. In addition, the P-5 plus Germany are pushing Iran to freeze its nuclear program.
But the way things are shaping up, the conference may endanger Israel's unconfirmed nuclear deterrent.
At the 10th annual Valdai Club meeting, Putin declared his desire to put Israeli nukes on the table as a bargaining chip with Syria and Iran. In Moscow’s black and white world of “us against them,” Iran and Syria are viewed as friends, if not allies, while Israel, Saudi Arabia, Qatar and other Arab Sunni states are considered America’s geopolitical “assets.”
If Russia is to negotiate over Syria’s chemical weapons and Iranian nukes, it wants to try and disarm Israel of its weapons of last resort. Moreover, Moscow wants to re-establish itself in the Middle East in a big way, replacing the US where possible. The Kremlin sees such a blatantly anti-Israel step as a way to win points within the region.
Nuclear defanging, the Kremlin believes, would irreversibly weaken an important American ally. Moscow ignores the fact that, according to open sources, Israel’s deterrent has not grown in decades. Furthermore, Jerusalem never threatened to wipe its neighbors off the map – like Tehran did. Indeed, if Israeli nukes exist, they have been a stabilizing factor in the Middle East for 40 years -- preventing yet another Arab attack on the Jewish State.
Putin’s decision to put the Israeli deterrent on the table raises a number of questions. First, Israel is not a member of Non-Proliferation Treaty (NPT). It developed its nuclear program in the 1950s with the help of France, a member of the nuclear club. It is surrounded by enemies with huge populations, who formally are in a state of war with it, with the exception of Jordan and Egypt.
Iran, on the other hand, is a member of the NPT. It has built a massive ballistic missile arsenal and is apparently preparing to build a nuclear bomb or to remain a nuclear weapons threshold state. “Death to America, Death to Israel” is a weekly prayer chant.
Moreover, the non-NPT nuclear powers - India, Pakistan and North Korea - have repeatedly threatened peace in their regions. North Korea is a genocidal, totalitarian communist dictatorship, while Pakistan is a feeble state, where radical Islamists may take over the government – and its nukes. Yet, Russia, the Arab states and many in the non-aligned world would single out Israel for nuclear disarmament.
As long as Iran is not fully disarmed and Arab countries do not sign a comprehensive peace with Israel, recognizing it as a Jewish state, any Israeli government that gives up its ultimate deterrent would undermine the country’s security.
Thus, the Russia-inspired UN initiative is quickly becoming a tough test for the Netanyahu government. Avoiding international pressure to sign the NPT and disarm is the ultimate imperative.
The nuclear disarmament issue will quickly become a litmus test for US-Israeli relations and for President Obama personally. After all, he believes in “global zero” – total nuclear disarmament.
Mr. Obama may think that reaching a deal with Putin on Syria and the prospect of freezing Iran’s nuclear program justify applying pressure on Netanyahu. Or, he may decide that such a step would jeopardize Israel's security so much that it would make it a burden for America.
The sands in the Middle East are shifting fast, as are US-Russian and US-Israeli relations. One can only hope that these shifts will not undermine the foundations of power equilibrium and stability that have helped hold the Middle East together for the last four decades.
Credit to i24
Fed Balance Sheet Increases By $50 Billion In One Week, $100 Billion In One Month, $1 Trillion In One Year
Five years after the "recovery" began, the Fed continues to monetize more debt as part of QE3 than at any time in history, and certainly more than during QE1, Twist, and QE2, as can be seen on the chart below (remember: all that matters is the flow, as we noted well over a year ago, and as even the Fed has finally realized).Why is this important? Because as even the Treasury has now admitted, the Fed's daily liquidity injections are all that matters.
Of note: in the just completed week, the Fed's balance sheet increased by over $50 billion (again, in one week), by $100 billion in the past month, and by just shy of $1 trillion in the past year.Incidentally, this is "money" that continues to not make its way into the economy, and every single "reserve" dollar created by the Fed in exchange for monetization, is used by banks to ramp asset prices to now daily record levels.
And since in a centrally-planned market self-fulfilling prophecies always come true, and Fed balance sheet correlation is causation, the reason why for the second day in a row we have seen panic buying is because as we noted last week...
.... stocks have still substantial catch up (now certainly less than a week ago) to the "fair" Fed balance sheet implied fair value.
However, all that matters to the BTFATHers, is that a $4 trillion Fed balance sheet, which is where it will be on December 31, implies 1800 on the S&P.
Credit to Zero Hedge
Australian wildfires continue
Australian fire fighters are battling a series of major wildfires in New South Wales, with fears that hundreds of homes have been destroyed.
The blazes are continuing to burn on the outskirts of Sydney, despite the easing of temperatures and winds.
One man has died while trying to protect his home.
Prime Minister Tony Abbott visited Winmalee in the Blue Mountains, one of the areas worst-hit by the fires, around 70km (45 miles) west of Sydney.
Correspondents say bushfires are common in Australia but they have come earlier than normal this year, sparking concerns of further problems to come.
Minister for Police and Emergency Services Michael Gallacher told the BBC that "the speed and the ferocity" of the fires was something "not seen for many, many years".
"We had one fire front that changed direction and had a front to it, so if you can imagine, burning in one direction 25km [15 miles] wide."
"We're only now in the process of being able to return to some of the sites to check the magnitude of the losses and I've got to say, it's going to be quite substantial," he added.Extraordinary speed
Hundreds of residents spent Thursday night in evacuation centres, with many returning home to find their houses razed.
Fire fighters described blazes as tall as 20m to 30m (100ft).
A 63-year-old man died from a heart attack as he tried to defend his home in Lake Munmorah, in the Central Coast region of NSW, on Thursday afternoon.
Around 2,000 fire fighters across the state worked to try and contain the fires but many are still burning out of control, says the BBC's Jon Donnison.
Mr Abbott, in Winmalee, said of those helping to battle the fires: "These are ordinary people who, on an extraordinary day, come together to support their community and to protect their fellow Australians."
At least three fire fighters have been reported injured.
The NSW Rural Fire Service said an initial assessment of the Winmalee and Springwood areas showed that 81 properties had been destroyed, with 37 damaged.
"Approximately 30% of the fireground has been assessed," it said. "The number of properties destroyed or damaged will rise."
Reports estimate that as many as 200 homes could be lost in total.
The fires have been caused by unseasonably hot temperatures and strong winds. While these have now died down, more hot weather is forecast next week.
"It's been an awful 24 hours for the Blue Mountains [region]," Mayor Mark Greenhill told Nine Network Television. "We've lost possibly scores of homes."
Ron Fuller, who lost his home in Winmalee, told ABC News: "We've had a number of fires through here before but this was an extraordinary fire. The speed was extraordinary, it just raced through this whole area, took out some houses, left other ones standing."
Residents faced scenes of devastation in Sydney's Blue Mountains
Plumes of orange smoke hung over Sydney
Some buildings were destroyed beyond recognition
Jodie Harrison, Mayor of Lake Macquarie, said that four heritage homes, as well as a historic jetty, were caught in the fire.
"It's been confirmed that four houses in the heritage village of Catherine Hill Bay have been lost," she told local media.
Credit to BBC
Some buildings were destroyed beyond recognition
Jodie Harrison, Mayor of Lake Macquarie, said that four heritage homes, as well as a historic jetty, were caught in the fire.
"It's been confirmed that four houses in the heritage village of Catherine Hill Bay have been lost," she told local media.
Credit to BBC
1.8 million years old perfectly preserved Skull that could kill evolution
They are from a previous Creations....
Scientists have revealed one of the most dramatic discoveries in human origins with a perfectly preserved fossilised skull of an ape-like man who lived about 1.8 million years ago.
The discovery, along with the remains of four other individuals who lived at the same time, in the same place, has generated intense excitement among palaeontologists who believe the finds could re-write the early history of human evolution.
The skull and its lower jawbone were found at a palaeontology site near the medieval town of Dmansi in the foothills of the Caucuses in Georgia, which has become one of the most important centres for understanding human origins outside Africa.
A team of researchers has spent the past eight years studying the fossil skull, which was first excavated in 2005, and its jawbone, discovered in 2000 but only now re-united with its "owner".
The first scientific description of "skull 5", published in the journal Science, indicates that the adult male had a large, long face, heavy features, large jaw and teeth but an exceptionally small brain case, less than half of the size of a typical human today and not much bigger than a gorilla's brain.
The four other skulls are thought to have belonged to an elderly, toothless male, another adult male, a young female and an adolescent of unknown sex. The scientists do not know whether they were part of the same family group or had lived at precisely the same time.
Dating technology based on argon isotopes found that they lived between 1.77m and 1.85m years ago. The site was next to a river where big game and fierce predators made frequent encounters - bones of large saber-toothed cats and an extinct giant cheetah have also been found alongside those of large herbivores.
All five skulls were unearthed from what were probably underground dens where the large carnivores had dragged their prey. These had collapsed soon afterwards, which had helped to preserve the animal and human remains in good condition.
"Dmansi is a unique snapshot of time - maybe a time capsule that preserves things from 1.8 million years ago," said Professor David Lordkipanidze of the Georgia National Museum in Tblisi, the lead author of the study.
"This was a place where was big competition between carnivores and hominins [ancient humans]. It seems that they were fighting for the carcasses, and unfortunately for the hominins, but fortunately for us, they were not always successful," Professor Lordkipanidze said.
What has surprised the scientists is the range of physical variation between the five individuals. This has led them to suggest that several other early human species living at about the same period in Africa may in fact all belong to the same species.
"Had the braincase and the face of skull 5 been found as separate fossils at different sites in Africa, they might have been attributed to different species," said Christoph Zollikofer, a neurobiologist at the Anthropological Institute and Museum in Zurich.
"The [five skulls from Dmanisi] look quite different from one another, so it's tempting to publish them as different species. Yet we know that these individuals came from the same location and the same geological time, so they could, in principle, represent a single population of a single species," Professor Zollikofer said.
Despite their anatomical differences, 3-D modelling of the five skulls shows that they would only have been as physically varied as any five individuals chosen at random from a population of either modern humans or chimpanzees.
"Thanks to the relatively large Dmanisi sample, we see a lot of variation. But the amount of variation does not exceed that found in modern populations of our own species, nor in chimps and bonobos," Professor Zollikofer said.
"Furthermore, since we see a similar pattern and range of variation in the African fossil record, it is sensible to assume that there was a single Homo species at that time in Africa," he said.
"And since the Dmanisi hominids are so similar to the African ones, we further assume that they both represent the same species," he added.
The scientists suggest that the Dmanisi individuals probably belonged to Homo erectus, the first human species to emerge from Africa, and that certain African species such as Homo habilis, which had lived earlier than H. erectus, may actually be the same species as Dmanisi man.
Ian Tattersall of the American Museum of Natural History in New York told Science that the latest, fifth skull from Dmanisi is "undoubtedly one of the most important ever discovered", while Tim White of the University of California, Berkeley, described it simply as "an iconic fossil".
Credit to The Independent
The discovery, along with the remains of four other individuals who lived at the same time, in the same place, has generated intense excitement among palaeontologists who believe the finds could re-write the early history of human evolution.
The skull and its lower jawbone were found at a palaeontology site near the medieval town of Dmansi in the foothills of the Caucuses in Georgia, which has become one of the most important centres for understanding human origins outside Africa.
A team of researchers has spent the past eight years studying the fossil skull, which was first excavated in 2005, and its jawbone, discovered in 2000 but only now re-united with its "owner".
The first scientific description of "skull 5", published in the journal Science, indicates that the adult male had a large, long face, heavy features, large jaw and teeth but an exceptionally small brain case, less than half of the size of a typical human today and not much bigger than a gorilla's brain.
The four other skulls are thought to have belonged to an elderly, toothless male, another adult male, a young female and an adolescent of unknown sex. The scientists do not know whether they were part of the same family group or had lived at precisely the same time.
Dating technology based on argon isotopes found that they lived between 1.77m and 1.85m years ago. The site was next to a river where big game and fierce predators made frequent encounters - bones of large saber-toothed cats and an extinct giant cheetah have also been found alongside those of large herbivores.
All five skulls were unearthed from what were probably underground dens where the large carnivores had dragged their prey. These had collapsed soon afterwards, which had helped to preserve the animal and human remains in good condition.
"Dmansi is a unique snapshot of time - maybe a time capsule that preserves things from 1.8 million years ago," said Professor David Lordkipanidze of the Georgia National Museum in Tblisi, the lead author of the study.
"This was a place where was big competition between carnivores and hominins [ancient humans]. It seems that they were fighting for the carcasses, and unfortunately for the hominins, but fortunately for us, they were not always successful," Professor Lordkipanidze said.
What has surprised the scientists is the range of physical variation between the five individuals. This has led them to suggest that several other early human species living at about the same period in Africa may in fact all belong to the same species.
"Had the braincase and the face of skull 5 been found as separate fossils at different sites in Africa, they might have been attributed to different species," said Christoph Zollikofer, a neurobiologist at the Anthropological Institute and Museum in Zurich.
"The [five skulls from Dmanisi] look quite different from one another, so it's tempting to publish them as different species. Yet we know that these individuals came from the same location and the same geological time, so they could, in principle, represent a single population of a single species," Professor Zollikofer said.
Despite their anatomical differences, 3-D modelling of the five skulls shows that they would only have been as physically varied as any five individuals chosen at random from a population of either modern humans or chimpanzees.
"Thanks to the relatively large Dmanisi sample, we see a lot of variation. But the amount of variation does not exceed that found in modern populations of our own species, nor in chimps and bonobos," Professor Zollikofer said.
"Furthermore, since we see a similar pattern and range of variation in the African fossil record, it is sensible to assume that there was a single Homo species at that time in Africa," he said.
"And since the Dmanisi hominids are so similar to the African ones, we further assume that they both represent the same species," he added.
The scientists suggest that the Dmanisi individuals probably belonged to Homo erectus, the first human species to emerge from Africa, and that certain African species such as Homo habilis, which had lived earlier than H. erectus, may actually be the same species as Dmanisi man.
Ian Tattersall of the American Museum of Natural History in New York told Science that the latest, fifth skull from Dmanisi is "undoubtedly one of the most important ever discovered", while Tim White of the University of California, Berkeley, described it simply as "an iconic fossil".
Credit to The Independent
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