Thursday, July 10, 2014
EUROPE TUMBLES AS BANKS LOSE ALL 2014 GAINS
A truly important aspect of the use of money has been lost or forgotten in the age of credit cards, checking accounts, and other methods of conducting commerce. It is that when one uses unmarked cash for buying and selling, the transaction cannot be traced. The buyer and seller remain anonymous. They are free from peering eyes and snooping agencies, especially those possessed by snooping governments.
The reality is that anonymity in the use of money is an important part of freedom. If you can’t buy or sell what you want without having to reveal who you are or why you are buying or selling, you have been forced to lose your anonymity. Others who might not have your best interests in mind know what you are doing.
Today’s worldwide trend is toward creation of a “cashless society” where all transactions would be accomplished electronically. This would create a record of all monetary transactions that ought to be no one else’s business. Governments and others with access to such records would then know a great deal about everyone’s business, a rather scary consequence being promoted in the name of efficiency. Use of checking accounts, credit and debit cards, etc., should be everyone’s choice, but not the only choice.
As might be expected, the United Nations is one of the chief promoters of doing away with cash. Two of its agencies, the World Food Program and the United Nations Development Program have expressed support for the idea. What this amounts to, of course, is an obvious step toward eventual knowledge of everyone’s previously anonymous conduct of personal affairs. In addition, world planners are backing a program that would have micro-chips placed in everyone’s body to serve as an ID, but also to function as a credit/debit card.
While being promoted in the names of efficiency and safety, the trend toward a cashless society brings to mind George Orwell’s tyrannical Big Brother. He would surely champion the idea.
Credit to Infowars
Another Banker Suicide... JP Morgan Executive "Blasts Wife, Kills Self" With Shotgun
With Russia and China having briefly taken over the hub of global executive suicides, the sad trend has returned back to America. In what appears to the 15th financial services executive suicide this year, yet another JPMorgan Director took his own life. As IBTimes reports, Jefferson Township (New Jersey) police report that the Global Network Operations Center Executive Director, "Julian Knott, age 45, shot his wife Alita Knott, age 47, multiple times and then took his own life with the same weapon." They are survived by 3 teenage children...
JP Morgan executive director Julian Knott blasted his wife Alita to death with a shotgun before turning the gun on himself.The 45-year-old, who worked for the investment bank in London until July 2010, shot his 47-year-old wife multiple times before committing suicide with the same weapon....Julian moved to the United States from London in 2010 and was working at JP Morgan's Global Network Operations Center in Whippany, New Jersey, at the time of the tragedy....Jefferson Township police, in New Jersey, confirmed on Sunday they had found two unconscious bodies at the Knotts' large suburban home at 1.12am.A statement released on Tuesday added: "Through an extensive investigation conducted by the Jefferson Township Police Department, the Morris County Prosecutors Office and the Morris County Medical Examiner's Office the preliminary investigation has revealed that the two adults died as a result of gunshot wounds and the incident has been determined to be a murder/suicide."This preliminary investigation revealed that Julian Knott, age 45, shot his wife Alita Knott, age 47, multiple times and then took his own life with the same weapon."...
Photos of the couple painted a picture of a content family life. Beneath the 2012 photo of Julian carrying his wife on the beach, a friend commented, "Always acting like newlyweds."
College student daughter Kayleigh, who along with her two teenage brothers survive their parents, used social media site Instagram to pay tribute to her mum and dad.
"Although I am heartbroken that they will never see me graduate college, will never be there to see me get married or to be grandparents for my children, I can still have my inner peace knowing that they are now stress-free in a much better place," she wrote."You never know what life is going to throw at you, but it is all part of a plan that is bigger than us all.""So hug your families a little tighter tonight and count every little blessing because you never know what tomorrow will bring. Life is so incredibly beautiful and I can't wait to see what the world has in store for me.Rest in Peace Mummy and Daddy, stay close," she added.
* * *
This is the 15th financial services exective death in recent months...
1 - William Broeksmit, 58-year-old former senior executive at Deutsche Bank AG, was found dead in his home after an apparent suicide in South Kensington in central London, on January 26th.
2 - Karl Slym, 51 year old Tata Motors managing director Karl Slym, was found dead on the fourth floor of the Shangri-La hotel in Bangkok on January 27th.
3 - Gabriel Magee, a 39-year-old JP Morgan employee, died after falling from the roof of the JP Morgan European headquarters in London on January 27th.
4 - Mike Dueker, 50-year-old chief economist of a US investment bank was found dead close to the Tacoma Narrows Bridge in Washington State.
5 - Richard Talley, the 57 year old founder of American Title Services in Centennial, Colorado, was found dead earlier this month after apparently shooting himself with a nail gun.
6 - Tim Dickenson, a U.K.-based communications director at Swiss Re AG, also died last month, however the circumstances surrounding his death are still unknown.
7 - Ryan Henry Crane, a 37 year old executive at JP Morgan died in an alleged suicide just a few weeks ago. No details have been released about his death aside from this small obituary announcement at the Stamford Daily Voice.
8 - Li Junjie, 33-year-old banker in Hong Kong jumped from the JP Morgan HQ in Hong Kong this week.
9 - James Stuart Jr, Former National Bank of Commerce CEO, found dead in Scottsdale, Ariz., the morning of Feb. 19. A family spokesman did not say whatcaused the death
10 - Edmund (Eddie) Reilly, 47, a trader at Midtown’s Vertical Group, commited suicide by jumping in front of LIRR train
11 - Kenneth Bellando, 28, a trader at Levy Capital, formerly investment banking analyst at JPMorgan, jumped to his death from his 6th floor East Side apartment.
12 - Jan Peter Schmittmann, 57, the former CEO of Dutch bank ABN Amro found dead at home near Amsterdam with wife and daughter.
13 - Li Jianhua, 49, the director of China's Banking Regulatory Commission died of a sudden heart attack
14 - Lydia _____, 52 - jumped to her suicide from the 14th floor of Bred-Banque Populaire in Paris
15 - Julian Knott, 45 - killed wife and self with a shotgun in Jefferson Township, New Jersey
Credit to Zero Hedge
ISIS Has Seized 88 Pounds Of Uranium In Northern Iraq
With the mainstream media having moved on in the news cycle to Dow 'almost' 17,000 and the 'Border Crisis' Scandal, it seems The Islamic State (the terrorists formerly known as ISIS) have stepped up their game and come out swinging... by seizing 88 pounds of nuclear material (uranium compounds) from Mosul University. As Iraq's UN Ambassador warned, "these nuclear materials, despite the limited amounts mentioned, "can be used in manufacturing weapons of mass destruction... or in combination with other materials in its terrorist acts."
As Reuters reports, insurgents in Iraq have seized nuclear materialsused for scientific research at a university in the country's north, Iraq told the United Nations in a letter appealing for help to "stave off the threat of their use by terrorists in Iraq or abroad."
Nearly 40 kilograms (88 pounds) of uranium compounds were kept at Mosul University, Iraq's U.N. Ambassador Mohamed Ali Alhakim told U.N. Secretary-General Ban Ki-moon in the July 8 letter obtained by Reuters on Wednesday."Terrorist groups have seized control of nuclear material at the sites that came out of the control of the state," Alhakim wrote, adding that such materials "can be used in manufacturing weapons of mass destruction.""These nuclear materials, despite the limited amounts mentioned, can enable terrorist groups, with the availability of the required expertise, to use it separate or in combination with other materials in its terrorist acts," said Alhakim.
The US is playing down the threat (for a change)
A U.S. government source familiar with the matter said the materials were not believed to be enriched uranium and therefore would be difficult to use to manufacture into a weapon.Another U.S. official familiar with security matters said he was unaware of this development raising any alarm among U.S. authorities.
But, ironicaly, it is is Iraq that is most worried about the nukes...
"The Republic of Iraq is notifying the international community of these dangerous developments and asking for help and the needed support to stave off the threat of their use by terrorists in Iraq or abroad," Alhakim wrote...."It also provides for expanded cooperation between and among states regarding rapid measures to locate and recover stolen or smuggled nuclear material, mitigate any radiological consequences of sabotage, and prevent and combat related offences," according to the IAEA.
* * *
Another great addition to ISIS Annual Report and another potentially terrifying prospect for the rest of the world... all this as rockets from Gaza fall around Israel's Dimona nuclear facility also... Should be good for guaranteeing Dow 17,000 tomorrow..
Credit to Zero Hedge
WHAT THE NEW CALIPHATE MEANS FOR THE WORLD
Two weeks ago, our illustrious President Obama stood in the White House and made the following statement:
“[T]he truth of the matter is that for all the challenges we face, all the problems that we have, if you had to be – if you had to choose any moment to be born in human history, not knowing what your position was going to be, who you were going to be, you’d choose this time. The world is less violent than it has ever been. It is healthier than it has ever been. It is more tolerant than it has ever been. It is better fed then it’s ever been. It is more educated than it’s ever been.”
On Sunday afternoon, my Twitter account lit up, as the various radical Muslims I follow erupted with jubilant declarations that the Islamic State of Iraq and the Levant (ISIL, or ISIS) had officially declared a caliphate – an Islamic state ruled by Islamic Shariah. No longer is it ISIS, but simply the Islamic State (IS). After an official meeting of ISIS’ shura (religious) council, they named their shadowy leader, Abu Bakr al Baghdadi, to be the Emir al-Mu’minin, or the commander of the faithful – the first “caliph” in roughly 90 years. The caliph is essentially a Muslim pope, president and general all rolled into one.
The potential implications for the world are absolutely profound. First, according to Islamic jurisprudence, once a caliph has been declared, it is mandatory upon all Muslims to make a pledge of allegiance to the sitting caliph, known in Arabic as the bay’ah. The bay’ah translated is as follows:
“I pledge my allegiance to the Commander of the Faithful, to hear and obey, in hardship and in blessings, to establish the religion of Allah, and to enforce Allah’s Shariah, and to expand the order of Allah, to establish the global Islamic state.”
According to various hadith (Muslim sacred traditions found outside of the Quran), if one does not make the pledge, he will die the death of jahiliyya, or as a non-Muslim, and should be treated as a non-Muslim:
“[W]hen he stands before Allah on the Day of Judgment, and one who dies without having bound himself by an oath of allegiance (to an Amir) will die the death of one belonging to the days of Jahillyya.” (Abu Muslim 20: 4562)
Already, there have been numerous tribal leaders and jihadi groups that have pledged their allegiance to the caliph with their lives. What groups will follow? What might it look like if various groups such as Boko Haram in Nigeria, al-Shabab in Somalia and Kenya, al-Qaida in Yemen, al-Qaida in the Arabian Peninsula, the Taliban in Afghanistan and Pakistan, Hamas in Gaza and the West Bank, and perhaps even segments of the Muslim Brotherhood in Egypt and throughout the world begin swearing allegiance to the caliph? The dangers of a snowballing trend is profound. Rather than having an Islamic State spanning segments of Syria and Iraq, there could be smaller segments of the Islamic State in numerous other nations.
Consider the fact that even here in the United States, Mohamed Elibiary, one of three senior fellows on President Obama’s Homeland Security Advisory Council, is an open supporter of the Muslim Brotherhood, the goal of which is the re-establishment of the caliphate. Elibiary is an open supporter of the R4bia movement. According to its own website, R4bia is, among other things, the following:
R4BIA is the birth of a new world
R4BIA is the return of Muslims to world stage
R4BIA is the place where the so-called values of the West collapsed
R4BIA is the name of those who wake all the Islamic world with their death
R4BIA is justice for everyone against rotten Western values
R4BIA is unification of Islamic World
R4BIA is the end of oil sheikhs
R4BIA is the end of capitalists
R4BIA is the end of Zionists
R4BIA is the arena of martyrdom
R4BIA is a smiling martyrdom
How many Americans honestly feel comfortable knowing that the very man who openly supports the above statements was appointed by President Obama as a senior adviser within the Department of Homeland Security?
Don’t miss Joel Richardson’s compelling books and videos on Bible prophecy, the Antichrist and end times – at WND’s Superstore.
Another significant reality now that the caliphate has been restored is that it is actually mandatory for the caliphate to engage in perpetual jihad until there are literally no non-Muslims left throughout the world, or they submit to being subjected peoples:
Allah’s Apostle [Muhammad] said: “I have been ordered (by Allah) to fight against the people until they testify that none has the right to be worshipped but Allah and that Muhammad is Allah’s Apostle.” (Bukhari Volume 1, Book 2, Number 24)
According to the Islamic State media, one of the obligations of the caliph is stated as follows:
He must strive in jihad against those who stubbornly reject Islam after being called to it, until they become Muslim or agree to live under Muslim protection and pay jizyah, so that the rights of Allah will be fulfilled and His religion will prevail over all others.
Even beyond the official state jihad, it is also incumbent upon all Muslims everywhere to expand the rule of Islam through individual jihad. One of the significant debates that many Muslim jurists had with Osama bin Laden is that jihad is not technically legal according to Islamic Shariah unless there is a sitting caliph. Well, now there is one. As such, the potential for various lone-wolf terrorism attacks throughout the world has just absolutely ballooned.
Already there have been numerous pictures popping up on Twitter of Muslims gathering in European nations and throughout the world, donning the black flag of of the Islamic State to show their support. The danger that these groups hold for their host countries is tremendous.
Only two weeks ago, President Obama declared that the world is safer now than it ever has been, that it’s truly a wonderful time to be alive. Based on the various videos of celebrating Sunni Muslims in cities from Mosul to Raqqa, if you are a radical Muslim, then Obama may very well be right. A new day has dawned.
Credit to WND
Read more at http://www.wnd.com/2014/07/what-the-new-caliphate-means-for-the-world/#UBGGywXZJM3zqLWm.99
Futures Tumble, Bunds Soar To Record, Gold Surges As Europe Is Broken Again; Espirito Santo Halted
But... but... the VIX said everything is ok, and European rates were the lowest they have been in centuries... How can something possibly go wrong?
It just did.
The scandal which we first reported yesterday, after observing the record collapse in the bonds of troubled Portuguese lenderEspirito Santo International following the failure to make a bond payment, has quickly escalated and overnight went nuclear.
It seems someone is intervening in Portuguese bonds...
Early on in the European trading session, following a report in Diario that E.S. International is considering an insolvency request, Espirito Santo Financial Group, which holds 25% of Banco Espirito Santo, fell as much as 16.15% to EU1.09 and traded over 15% lower at EU1.10, at the same time as Banco Espirito Santo fell as much as 7.15% to EU0.571.This was aggravated by creditors concerns that anything was contained after yesterday's failed damage control attempt by the parent.
Then things went from bad to worse after Espirito Santo Financial announced it has suspended trading in its shares and bonds due to its exposure to ESI, adding the decision was taken due to “ongoing material difficulties” at its largest shareholder Espirito Santo International, according to regulatory filing. ESFG says it “is currently assessing the financial impact of its exposure to ESI”. ESFG also suspends bond issued by fully owned subsidiary Espirito Santo Financiere. We will have the full, convoluted, org chart of Espirito Santo shortly.
At that point the genie was out of the bottle and thanks to Europe's still completely insolvent banking system, linked intimately to the sovereign as the ECB has done absolutely nothing to break the bank-sovereign link, promptly hit the sovereign sector, leading to a blow out in the Portuguese 5Y yield +16bps to 2.616%, sending the 10Y yield pushing wider +12bps to 3.896%, and the 10Y spread vs bunds +15bps to 270bps, highest since May 21. And not only in Portugal but other peripheral spreads widened also, with Greece (which is supposed to sell 3Y bonds today - good luck) and Ireland expanding most in 10Y.
Then the safe haven trade came back with a vengeance and the September German Bund future rose as much as 46 ticks to a contract high 147.79, and sending 10 Year yields to all-time lows of 1.17%.
Then, the contagion spread to stocks as first European shares tumbled, with the banks and travel & leisure sectors underperforming and personal & household, telco outperforming. The Italian and Spanish markets are the worst-performing larger bourses, the U.K. the best. Then, it moved across the atlantic as S&P futures have tumbled the most in months in the premarket.
Adding insult to Portuguese bank injury, was very disappointing French (-1.7%, Exp. 0.2%, Last 0.3%), Italian (-1.2%, Exp. 0.2%, Last 0.5%) and Dutch (-1.9%, Exp. 0.3%, Last 2.3%) industrial Production data, confirming any illusions about a European recovery absent a fix of the broken credit channel are utterly ridiculous, and that the ECB was once again wrong focusing on boosting the carry trade - the very same reason why Portugal is today picking up the pieces as Draghi forced traders in the very same trades which today are halted in Portugal!
In other news commodities decline, with nickel, WTI crude underperforming and silver outperforming. But not gold and silver: the precious metals have exploded this morning, with gold trading north of $1340 (but... but... Morgan Stanley said...) and silver at $21.50.
Finally, US equity futures are tumbling. This may be the day contagion and volatility finally comes back with a vengeance, which is great news for all those who plodded through months of centrally-planned boredom and artificial stability. Let the games finally begin.
Market Wrap
- S&P 500 futures down 0.5% to 1958.2
- Stoxx 600 down 0.8% to 337.4
- US 10Yr yield down 2bps to 2.53%
- German 10Yr yield down 3bps to 1.2%
- MSCI Asia Pacific down 0.1% to 146.5
- Gold spot up 0.1% to $1329.8/oz
EUROPE MARKET
- All 19 Stoxx 600 sectors fall; personal & household, telco outperform, banks, travel & leisure underperform
- 13.5% of Stoxx 600 members gain, 84.8% decline
- Eurostoxx 50 -0.7%, FTSE 100 -0.4%, CAC 40 -0.9%, DAX -0.8%, IBEX -1.6%, FTSEMIB -1.7%, SMI -0.4%
ASIA MARKET
- Asian stocks little changed with the Sensex outperforming and the Nikkei underperforming.
- MSCI Asia Pacific down 0.1% to 146.5
- Nikkei 225 down 0.6%, Hang Seng up 0.3%, Kospi up 0.1%, Shanghai Composite down 0%, ASX up 0.2%, Sensex up 1.5%
- 5 out of 10 sectors rise with energy, utilities outperforming and telcos, health care underperforming
Bulletin headline summary from RanSquawk and Bloomberg
- Treasuries gain as bank stocks lead European equities lower, peripheral sovereign yields surge, with Portugal’s 10Y yield +22bps amid concern over problems at the nation’s second largest bank.
- Shares of Banco Espirito Santo SA tumbled more than 14%, bonds to record lows; central bank assurances that it is protected after parent company missed debt payments are failing to ease creditor concern they may also suffer losses
- Spain’s Banco Popular postponed a planned euro benchmark offering of PNC5 AT1 notes, citing heightened volatility in secondary markets; IPT had been 7%/7.25%
- China’s exports trailed estimates in June, suggesting support for growth from global demand will be limited as leaders try to defend their economic-expansion goal of about 7.5% this year
- Japan’s machinery orders fell the most on record in May, suggesting that companies remain cautious about deploying record cash reserves into investment
- Israel has mobilized 20,000 soldiers for a possible ground invasion of the Gaza Strip, as militants there extended their rocket barrage and the Palestinian death toll climbed to at least 75
- Donetsk is steeling itself for a siege as troops encircle separatists who’ve pulled back to the biggest city in Ukraine’s conflict zone after months of bloody unrest
- Four months after Vladimir Putin’s government annexed Crimea, the U.S. and EU have failed to deliver on threats to cripple Russia’s economy, penalizing fewer than 100 people and companies
- Sovereign yields lower with the exception of peripheral Europe; Greek, Spanish and Italian 10Y spreads to Germany all above 100-DMAs. Euro Stoxx Banks index slides 3.2%, at lowest since January. Asian stocks mixed; Japan and China fall. European equities, U.S. stock futures decline. WTI crude and copper lower; gold surges 1.2%
Credit to Zero Hedge
The Naked Truth About The American Police State
“The most dangerous man, to any government, is the man who is able to think things out for himself…Almost inevitably, he comes to the conclusion that the government he lives under is dishonest, insane, and intolerable.”—H.L. Mencken, American journalist
It’s vogue, trendy and appropriate to look to dystopian literature as a harbinger of what we’re experiencing at the hands of the government. Certainly, George Orwell’s 1984 and Animal Farm have much to say about government tyranny, corruption, and control, as does Aldous Huxley’sBrave New World and Philip K. Dick’s Minority Report. Yet there are also older, simpler, more timeless stories—folk tales and fairy tales—that speak just as powerfully to the follies and foibles in our nature as citizens and rulers alike that give rise to tyrants and dictatorships.
One such tale, Hans Christian Andersen’s fable of the Emperor’s New Clothes, is a perfect paradigm of life today in the fiefdom that is the American police state, only instead of an imperial president spending money wantonly on lavish vacations, entertainment, and questionable government programs aimed at amassing greater power, Andersen presents us with a vain and thoughtless emperor, concerned only with satisfying his own needs at the expense of his people, even when it means taxing them unmercifully, bankrupting his kingdom, and harshly punishing his people for daring to challenge his edicts.
For those unfamiliar with the tale, the Emperor, a vain peacock of a man, is conned into buying a prohibitively expensive suit of clothes that is supposedly visible only to those who are smart, competent and well-suited to their positions. Surrounded by yes men, professional flatterers and career politicians who fawn, simper and genuflect, the Emperor—arrogant, pompous and oblivious to his nudity—prances through the town in his new suit of clothes until a child dares to voice what everyone else has been thinking but too afraid to say lest they be thought stupid or incompetent: “He isn’t wearing anything at all!”
Much like the people of the Emperor’s kingdom, we, too, have been conned into believing that if we say what we fear, if we dare to suggest that something is indeed “rotten in the state of Denmark,” we will be branded idiots and fools by the bureaucrats, corporate heads, governmental elites and media hotshots who have a vested interest in maintaining the status quo—or who at least are determined to maintain the façade that is the status quo. Yet the truth is staring us in the face just as surely as the fact that the Emperor was wearing no clothes.
Truth #1: The U.S. is on the brink of bankruptcy, as many economists have been warning for some time now, with more than $16 trillion in debts owned by foreign nationals and corporations. As one financial news site reports: “Internationally, the world is fed up with The Fed and the U.S. government’s unabashed debt growth. China, Russia, Iran, India and a host of other countries are establishing trade relationships that are bypassing the U.S. dollar altogether, a move that will soon see the world’s reserve currency lose purchasing power and status. In anticipation of this imminent collapse gold is being hoarded by private and public entities from Berlin to Beijing in an effort to preserve wealth before the Tsunami hits.”
Truth #2: We no longer have a government that is “of the people, for the people and by the people.” What we have now is a feudal monarchy, run by wealthy overlords and financed with the blood, sweat and labor of the underclasses who are kept in check by the increasingly militarized police. This sorry state of affairs is reinforced by a study which found that average citizens have “little or no independent influence” on the policy-making process. A similar study published by the Political Research Quarterly revealed that members of the U.S. Senate represent their wealthiest constituents while ignoring those on the bottom rung of the economic ladder.
Truth #3: Far from being a benevolent entity concerned with the well-being of its citizens, whether in matters of health, safety or security, the government is concerned with three things only: power, control and money. As an often quoted adage says, “Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master.” Unfortunately, the master-servant relationship that once had the government answering to “we the people” has been reversed. Government agents now act as if they are the masters and we are the servants. Nowhere is this more evident than in the transformation of police officers from benevolent keepers of the peace to inflexible extensions of the military hyped up on the power of their badge.
Truth #4: Our primary use to the government is as consumers, worker bees and bits of data to be collected, catalogued, controlled, mined for information, and sold to the highest bidder. Working in cahoots with corporations, the government has given itself carte blanche access to our phone calls, emails, bank transactions, physical movements, even our travels on foot or in our cars. Cybersecurity expert Richard Clarke envisions a future where data about every aspect of our lives will be collected and analyzed. Thus, no matter what the U.S. Supreme Court might have said to the contrary, the government no longer needs a warrant to spy on your cell phone activity or anything else for that matter. As the Washington Post recently revealed, 9 out of 10 people caught up in the NSA’s surveillance net had done nothing wrong to justify such intrusions on their privacy. Clearly, the government now operates relatively autonomously, answering only to itself and unbridled by the courts, Congress, the will of the people or the Constitution.
Truth #5: Whatever problems we are grappling with in regards to illegal immigrants flooding over the borders has little to do with the fact that the borders are porous and everything to do with the government’s own questionable agenda. How is it that a government capable of locking down roads, open seas, and air routes is unable to prevent tens of thousands of women and children from crossing into the U.S. illegally? Conveniently, the Obama administration is asking Congress for $3.8 billion in emergency funding to send more immigration judges to the southern border, build additional detention facilities and add border patrol agents. The funds would be managed by the Departments of Justice, Homeland Security, State and Health and Human Services, the very same agencies responsible for bringing about a rapid shift into a police state.
Truth #6: The U.S. government is preparing for massive domestic unrest, arising most likely from an economic meltdown. The government has repeatedly made clear its intentions, through its U.S. Army War College report alerting the military to prepare for a “violent, strategic dislocation inside the United States,” through its ongoing military drills in cities across the country, through its profiling of potential homegrown “dissidents” or extremists, and through the proliferation of detention centers being built across the country.
Truth #7: As Gerald Ford warned, “A government big enough to give you everything you want is a government big enough to take from you everything you have.” Too often, Americans have fallen prey to the temptation to let the government take care of whatever ails them, whether it be financial concerns, health needs, childcare. As a result, we now find ourselves caught in a Catch-22 situation wherein the government’s so-called solutions to our problems have led to even graver problems. In this way, zero tolerance policies intended to outlaw drugs and weapons in schools result in young children being arrested and kicked out of school for childish behavior such as drawing pictures of soldiers and crying too much; truancy laws intended to keep students in school have resulted in parents being arrested and fined excessively; and zoning laws intended to protect homeowners have been used to prosecute residents who attempt to live off the grid.
Truth #8: The U.S. is following the Nazi blueprint to a “t,” whether through its storm trooper-like police in the form of heavily armed government agents, to its erection of an electronic concentration camp that not only threatens to engulf America but the rest of the world as well via NSA surveillance programs such as Five Eyes. Most damning of all is the Department of Homeland Security’s self-appointed role as a national police force, a.k.a. standing army, the fundamental and final building block for every totalitarian regime that has ever wreaked havoc on humanity. Indeed, just about every nefarious deed, tactic or thuggish policy advanced by the government today can be traced back to the DHS, its police state mindset, and the billions of dollars it distributes to police agencies in the form of grants.
Truth #9: Not only does the U.S. government perpetrate organized, systematic violence on its own citizens, especially those who challenge its authority nonviolently, in the form of SWAT team raids, militarized police, and roaming VIPR checkpoints, but it gets away with these clear violations of the Fourth Amendment because the courts grant them immunity from wrongdoing. Expanding its reach, the U.S. also exports its violence wholesale to other countries through armaments sales and the use of its military as a global police force. Yet no matter how well trained, well equipped and well financed, America cannot police the world. As history shows, military empires, once over extended, inevitably collapse into chaos.
Truth #10: As I make clear in my book A Government of Wolves: The Emerging American Police State, the United States of America has become the new battlefield. In fact, the only real war being fought by the U.S. government today is the war on the American people, and it is being waged with deadly weapons, militarized police, surveillance technology, laws that criminalize otherwise lawful behavior, private prisons that operate on quota systems, and government officials who are no longer accountable to the rule of law.
So there you have it: facts rather than fiction, so naked that a child could call it for what it is, and yet so politically inconvenient, incorrect and uncomfortable that few dare to speak of them.
Even so, despite the fact that no one wants to be labeled dimwitted, or conspiratorial, or a right wing nut job, most Americans, if they were truly paying attention to what’s been going on in this country over the past few decades and willing to be truthful, at least to themselves, would have to admit that the outlook is decidedly grim. Indeed, unless something changes drastically for the good in the near future, it looks like this fairytale will not have a happy ending.
Credit to Zero Hedge
Why Are Armed "International Security" Personnel Now Arresting American Citizens?
Very recently I came across a scenario in the streets of Hollywood, California. The big scene seemed a bit striking to the average person walking by as it was the middle of the day in a crowded busy Hollywood street. A closer look caused me to be even more intrigued - there was a gentleman being arrested. He was in handcuffs and surrounded by three or four armed officers. Or were they really officers?
A closer look surprised me even more. The "officers" were not police. They were not Sheriffs department or California Highway Patrol (CHP). They all wore a logo on their sleeves and a logo on an otherwise unmarked car that read "Andrews International Security Services" nothing else. They otherwise had all black uniforms and all were armed like police officers, looking scary and aggressive.
After getting a photograph of their logo (which earned me a dirty look from them) and investigating them with the LAPD, I was told by an LAPD officer that this private security company is part of a program called "Business Improvement District" (BID). The officer explained that they've been putting these security entities on the streets for at least a few years to his knowledge. Ultimately, the officer agreed with me that this was a very serious situation saying it was a "very interesting" concept in light of the Constitutionality and legality of it.
These "Business Improvement Districts" go by many other names which all interestingly happen to have three letter representations (like government agencies making them sound official) including the Business Improvement Area (BIA), the Business Revitalization Zone (BRZ), Community Improvement District (CID), Special Services Area (SSA), and the Special Improvement District (SID). All of these groups are similar types of BIDs operating nationwide.
Upon further research on this matter I discovered that this is a business model that first began in 1970 in Toronto where the first Business Improvement District (BID) was created in the "Bloor West Village." Here in the U.S. the first BID appeared New Orleans in 1974 touting themselves as the "Downtown Development District."
How are BIDs formed? According to Wikipedia:
A business improvement district (BID) is a defined area within which businesses pay an additional tax (or levy) in order to fund projects within the district's boundaries. The BID is often funded primarily through the levy but can also draw on other public and private funding streams... BIDs provide services, such as cleaning streets, providing security, making capital improvements, construction of pedestrian and streetscape enhancements, and marketing the area.Apparently the richest business owners in the neighborhood can collude together to form a private group which donates money to provide whatever "services" they agree is to their best interest. Funding can come from both public or private entities and local government needs to determine that the majority of businesses want the BID before they enact legislation to create the BID. Local government does not consult with the community but instead with the business owners who are able to influence legislation to ensure the establishment of the BID. In fact, most people don't know that BIDs have become a powerful lobby group pushing municipalities for certain services that they then select private companies to cash in on when the job is contracted to them. In other words, business owners have gotten together and formed yet another product that they are selling to the municipalities. That's right, your freedom to walk down the streets is being sold to private entities.
What am I talking about? Or, so what, you might say, what's the big deal?
As the document source states above, BIDs are providing "services" such as street cleaning, making capital improvements, construction of pedestrian and streetscape enhancements, and marketing capital improvements. In addition to these services of "improvements," "enhancements" that serve corporate interest, they are also providing "security" because security is part of the "improvement".
As I recently found out, this includes "International" private armed security companies who are being given the power to arrest people in the streets. When the state municipalities begin to sell the "service" of policing the people, funded by programs that were not approved by the people but instead by a small group of business owners, we are walking down a slippery road to corporate tyranny.
With the number of BIDs in American now increased from a small handful in the 1970s-80s we now have over 1000-1200 BIDs in the United States alone operating in cities throughout the United States without the approval of the people. The corporations are using this program to arm themselves against the people. This represents a large civilian army whose numbers are growing with no end in sight; this should concern all Americans who care about freedom, liberty and the Constitution. These private (PRO-Corporation) illegal "security" personnel are posing as officers and police and are spreading in the United States, and that is a direct threat to the people who have no say in who these people are and why they are roaming around in our streets.
We are now approaching a time when these private security gangs or pseudo-police are looking to intimidate and bully Americans (which is exactly what I witnessed on the streets of Hollywood) who are walking the streets enforcing their own private set of rules, independent of the basic laws of the local government. Their private rules are based on whether you the pedestrian are interfering with the "improvement" or the "enhancement" or even the "marketing" of the general area where the private business cabal who formed the Business Improvement District (BID) to begin with, is conducting their business.
This intriguing development is very much a part of the globalist restructuring of our world in the name of private profit and corporate despotism. This is another way in which private corporations are working hand in hand with local government to enslave the people and remove, arrest, charge and perhaps even beat or kill anyone who gets in the way of private profit.
Let's not be fooled by back stage formations of these private business coalitions that are forming in our own towns while we work every day and do our own thing. They are catching on with these models and using them to take away your freedom, while they profit even more. If you see or learn of one of these organizations in your local community confront it. Find out everything you can about them and try to have a voice in what they are doing. Tell others about these programs and help inform voters from the perspective of the U.S. Constitution so that people can have a voice in this issue. Let your local government know that armed civilians enforcing security in the name of corporate profit is not what America is about and does not serve the interest of Americans. Big business owners are not America, they do not represent the interest of the we-the-people and their private security forces need to be dismantled immediately.
Sadly, many people will see these corporate takeovers of our local municipal towns and streets as innocent, maybe even a good idea, and they won't think twice about the dangers this represents. To those people, I will remind them of the words outlined in our Declaration of Independence which states:
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed,
Let this be a reminder that we truly are all created equal, and it is the greed and arrogance that is often related to the pursuit of riches, power and control, that give men the delusion that he is greater than another just because he has more money and riches. This is all part of the superiority complex psychosis known as eugenics, which is ultimately driving the effort to create a one world government.
Those that suffer from this mental disease truly believe they are superior to the average person, and this psychosis is at the heart of this entire issue. Without this eugenic superiority mentality we would not be seeing what we are seeing in the streets of America. The eugenicists who are running many of the successful businesses today really believe it is up to them to control society and impose their personal wishes on the general public. Call it what you will, this has to stop and we must expose these programs.
The officer I spoke with never did tell me why or how the private security company known as Andrews International Security Services is granted the authority to arrest Americans, and I'm still investigating to see if they have been officially granted such authority, but either way this is a red flag for all Americans to start sounding the alarm. As I mentioned before, the officer I spoke with seemed to agree that this was at the very least an issue of interest and concern, especially for anyone who truly understands the Constitution. I believe we will hear more of this issue as we continue to march toward global tyranny and we continue to witness the presence of these mysterious "International" and private security corporations, donning the role of police and attempting to police a sovereign nation full of millions of Veterans and active and retired Officers who themselves swore an oath to defend the Constitution.
These are signs of the times and I urge readers to take a stand against tyranny and the corporate-government funded new world order. If you don't take a stand now, you may not have a chance to take a stand tomorrow, for by then it will be too late.
Credit to Activist Post
The officer I spoke with never did tell me why or how the private security company known as Andrews International Security Services is granted the authority to arrest Americans, and I'm still investigating to see if they have been officially granted such authority, but either way this is a red flag for all Americans to start sounding the alarm. As I mentioned before, the officer I spoke with seemed to agree that this was at the very least an issue of interest and concern, especially for anyone who truly understands the Constitution. I believe we will hear more of this issue as we continue to march toward global tyranny and we continue to witness the presence of these mysterious "International" and private security corporations, donning the role of police and attempting to police a sovereign nation full of millions of Veterans and active and retired Officers who themselves swore an oath to defend the Constitution.
These are signs of the times and I urge readers to take a stand against tyranny and the corporate-government funded new world order. If you don't take a stand now, you may not have a chance to take a stand tomorrow, for by then it will be too late.
Credit to Activist Post
Japocalypse Now - Machine Orders Collapsed 19.5%, Biggest Monthly Drop On Record
"Bye, bye, Abe" Just when you thought Japanese macro data couldn't get any worse... it does. Plumbing new depths in the "you can't print your way to prosperity" plan, Japanese Private Sector Machine Orders collapsed 19.5% month-over-month - the largest monthly drop ever (as the dragged-forward pre-tax-hike demand left a hole the size of Fukushima behind it). With Abe's disapproval ratings soaring and inflation surging, hopes for more 'bad news is good news' QQE should be quickly dismissed.
This 19.5% collapse MoM (compared to expectations of a 1.1% rise!!!!) is not made any more easy for Abe to bear than the 14.3% Year-over-year plunge as Abenomics exuberance makes comps now considerably harder....
Think this is normal post-tax hike behavior!! Think again.
This 19.5% collapse MoM (compared to expectations of a 1.1% rise!!!!) is not made any more easy for Abe to bear than the 14.3% Year-over-year plunge as Abenomics exuberance makes comps now considerably harder....
Think this is normal post-tax hike behavior!! Think again.
Credit to Zero Hedge
Subscribe to:
Posts (Atom)