About Me

- Dave S.
- COVERING IMPORTANT ISSUES ON A WEEKLY BASIS: -Economic -Financial -Social -Freedom -Political
Saturday, November 12, 2011
Just Throw Money At It
EU falling apart, precious metals price supression, economy, and the looming war with Iran.
The world has come to it's point of no return. The markets have become nothing more than a utopic atmosphere for traders, speculators, and sociopaths. We have seen violent swings in the Dow Jones Industrial between 200-300 points in one day and ongoing daily. Everyday has become an illusion of stability in the markets. All one has to do is look at history to see what happened prior to the crash of 1929. The crash of 1929 was brought on by a massive speculative bubble in the economy and margin loans were no exception in the demise of the 1920's leading up to the crash. We are seeing history repeat itself over again. Prior to the great crash of 1929, the markets were fluctating back and forth, to and fro, up and down, daily. This is exactly what is going on currently. In order to keep the engine running without any temporary knocks, the Federal Reserve is drawing closer to a financial collapse if they do not announce QE3. There are enough insolvent banks that should be let go and fail, but with the current markets Bernanke can no longer twiddle his thumbs and rub his beard any longer unless he wants a deflationary depression. I believe the FED will start bailing out before the end of the year and injecting stimulus into markets and provide banks with liquidity to operate further, if they don't everything crashes. We are already starting to experience this pre-crash jekyll and hyde swings and the FED may provide the liquidity the EU needs during another bout of QE3. This never-ending cancerous economic policy will forsake the public through the close-to-home effects of large inflation.
These violent swings have been volatile on both sides with losses and gains from Europe's sovereign debt issues. Wall Street insiders, traders, and hedge fund hyenas are likely making inconceivable amounts of money hedging themselves through options on both sides of these swings.
The Greek people are refusing to allow any kind of government debt agreement or bailout agreement. They are instinctively rejecting Prime Minister Papandreou and his office and so they should. Front runners for his office have emerged amidst the buzz of a national referendum. France's Sarkozy and Germany's Merkel, commonly known as Merkozy as of late, have made the threat to corner the Greek people at the G2O meetings to accept a new package which would strip all sovereignty away from the Greek people. This package of Oct. 27, 2011 was offered by Merkozy with having the ECB as the lender of last resort. Merkozy pressed on at the conference that the only way for Greece to get this bailout is for them to accept all parts of this deal. From what I understand, the temporary bailout needed is $517 billion. They want to leverage this bailout at a 5 to 1 ratio bringing it to approximately $2.5 trillion with the use of derivatives. This is extremely dangerous leveraging simply for the fact that derivatives are backed by nothing. If this leveraging fails, watch out for devastating effects rippling into the market with not only the Greek people on the hook, but the rest of Europe and all of it's tax payers as their game of derivatives Russian roulette comes crashing down. Currently, there are about 6 countries that are on the verge of pulling out of the EU in order to survive. This would leave 11 remaining countries to dabble about in an insane circus of he said/she said trickery, incompetence, and inflation, maybe even hyperinflation as the plutocrats try to continue to sell the failed idea that is the European Union.
Sure people in Greece want a high standard of living and don't want to work until they are 55 years of age and are in support european socialist ideals, but that doesn't mean they don't have a scumbag government swindling them. Papandreou and his father are communists who have looted the country and allowed the banks to run the table on the Greek people for far too long. There is likely to be an interim government for a period of 40 days or so coming soon. The TPTB would like to keep Papandreou in office for as long as possible because he is a great tool for the IMF in future bailouts if need be. Europe will likely not have any kind of solution in the near future and the dog and pony show between Merkozy, Papandreou, and the ECB is bound to continue for some time. The Federal Reserve in the US likely hasn't commenced QE3 as of yet because they may be waiting to see what happens in Europe first, this could give them the timely excuse to offer a bailout package for Europe's crisis, we will see. Mario Draghi, head of the ECB, has recently annouced interest rate cuts of 0.25% leading to 1.25% ECB rates, which surely isn't going to help the people of Europe with the problems of inflation. We are likely to see new governments in Greece and Italy, Europe's 3rd largest economy, within the year. Berlusconi has proved to every Italian that he is incompetent to steer the country in a positive direction because he is more concerned with his narcistic orgies. Former EU commissioner, Mario Monti, will likely succeed the position of Berlusconi. Monti is full of the banking oligarchy mindframe as a former international advisor for Goldman Sachs. Monti was a learned student and product of James Tobin at Yale University. Tobin was a Keynesian economist who served on the Council of Economic Advisors and the Board of Governors of the Federal Reserve. With this Keynesian disposition, Monti was also the first chariman of Bruegel, which is an internationalist think-tank that steers economic policy for the EU. That is not all that is on Monti's resume, as the European Chairman of David Rockefeller's Trilateral Commission and a Bilderberg member, Monti is the illuminati's prime candidate to push austerity, impoverish millions and to impose a supra-banking structure in Italy, if not all of the EU through his influence. He is a real poster child of cleptocracy and look for his Keynesian background to ramp up inflation in Italy and Europe through economic irresponsibility and bailouts.
Speaking of Goldman Sachs, we cannot forget about John Corzine, former Co-Chief Operating Officer at GS and New Jersey Governor, who ran MF Global into it's grave leaving 50,000 contracts of investors locked and unavailable. Corzine being a former big-wig at GS, likely new a thing or two on how to make money. One has to beg the question why he bought the European toxic assets (derivatives) and exposed his company and clients to such malarky. Time will tell as lawsuits will be pending and enraged investors look to search for truth and indictments against Corzine and MF Global, at this point it's too early to tell if he had a motive, but I would not put it past him.
The precious metals market is still in a stage of government-bankster price suppression. I refuse to call it a correction because a correction is indicative of true price discovery. What we've seen a few weeks ago was government/bankster intervention in the markets. JP Morgan and HSBC took advantage of such conditions with silver being driven down to just over $27/oz USD. Up until that point, JPM was short approximately some 65,000 contracts on their playground of loot and swindle known as the COMEX, or CRIMEX is what I've heard it called. According to some, they were likely to cover about 60-70% of their short positions which would relate to 40,000-45,000 contracts. JPM and HSBC likely encoutered some loss, but I would bet they are planning for steady growth in the PMs and maybe a moving point past $50/oz USD of silver on the looming financial instability worldwide. One could assume that the FED might cover these losses of JPM and place them on their own balance sheet during QE3, which would be doublemurder. Gary Gensler, head of the CFTC, was notified and presented with evidence 2-3 years ago of JPM's and HSBC's silver manipulation and yet has failed to do anything. This should not be a surprise to anyone in the PMs because it further proves that the CFTC and SEC are accessories complicit in this crime. If the PMs being gold and silver exploded in price, adjusted to real inflation in the US, the Federal Reserve's incompetency would be shown as the long time buyers of treasury bonds and holders of FED notes, would immediately switch to gold and silver, which would in turn expose the FED's ponzi scheme. Financial people in the know have even had assasination attempts on their lives, as was the case with Andrew Maguire recently.
Billionaire Eric Sprott has held several interviews and discussion where the demand for silver is increasing and certain mints are experiencing shortages and cannot produce until new material becomes available. The US Mint stopped the production of 1oz American Eagle silver coins as sales are at an all time high. Sprott also cited the justification for a substantial price increase. In discussion and research with James Turk, owner of Goldmoney.com, Sprott has discovered that silver has been bought at a 1 to 1 ratio with gold for at least the past year or so. When you have a historical ratio of 16:1 silver to gold, $1600 gold should logically bring about $100 silver, further evidence of a no longer undeniable manipulation taking place everyday on the CRIMEX and Globex. There is recent buzz that the CME Group (JPM) may raise margin requirements again this coming week, if so, it's a buying opportunity for physical.
The Royal Canadian Mint a crown corporation, unlike the independent and private Bank of Canada, has just recently announced that they would like to participate in the ongoing manipulation. They are now offering "Exchange-Traded Receipts" for investment gold bullion on deposit at the mint. The approximate issue size is $250,000,000 CAD or 12,500,000 contracts. The RCM holds the physical bullion and purchasers of the ETRs are entitled to a fraction (1/10 oz or 28g) of 1 troy oz of gold. ETR holders will not be entitled to hold a certificate for physical in definitive form and the notices of physical redemtion must be in excess of 10,000 ETRs. Any redemption in physical gold under 10,000 oz must be paid out in cash by the RCM at the Redemption Price determined by the mint. In layman's terms, if 1/10 oz multiplied by 10,000 oz minimum for redemption = $650,000 to $1.2million CAD to redeem for physical. Who has that kind of money to operate in this small game? Also the RCM is entitled to 3% of gross proceeds of redemption, if gold goes up and you decide to sell (if you can participate at that level) they waste no time making sure you pay your tithe to them. There is a termination caveat of this program if there is a change in the Mint Act, Financial Administration Act, regulatory requirements, custom duties, other taxes or securities, other laws that change mint mandate, or other factors that would obversly affect the ETRs or the mint's ability to operate the program. AND, the government of Canada can privatize the mint at any point if there is a loss or catastrophic loss of the gold bullion underlying the ETRs due to among other things; theft, loss, damage, or destruction, market conditions in which it is no longer economically feasible to continue program, or ETRs or are no longer listed on the TSX or other exchange or on which the ETRs are traded. They also carry an annual service fee of 0.35%. They are traded in CAD and USD and are being offered by most financial institutions in Canada. ETR holders will NOT have any recourse available to them through the mint or the government. To sum it up, the government of Canada gave itself an exit to do what it wants and deny physical bullion to those holding less than 10,000 ETRs and only pay those out in cash as gold rises. This should benefit the others who may be short gold. This is definitely a program to avoid for any investor who has interest in gold.
In Canada, parliament has passed bill C-52, section 16 (1), which authorizes the government and police to force internet service providers (ISPs) to provide personal and consumer information without a warrant or court order and due process of law. Bill C-50 also authorizes the police to intercept "communications", as defined by bill C-51, as long as they deem the interception necessary. Canadians have slipped into the abyss of abject tyranny by it's government and everyone now is a suspect. The removal of numerous rights under these bills are nothing more than a power grab in which to control and suppress free speech, opinion, and religion by the Harper government. It is also a move to further silence their critics and political dissidents at will. Think of all the internet "communications" that you may use on a daily basis; skype, email, websites, blogs, forums, comments, facebook, etc.
Statistics Canada shows the Consumer Price Index (CPI) rate of "official" inflation currently at 3.2% nationwide. I quote stats Canada, "The Inflation Calculator uses monthly consumer price index (CPI) data from 1914 to the present to show changes in the cost of a fixed "basket" of consumer purchases. These include food, shelter, furniture, clothing, transportation, and recreation."
Compare that with the real inflation reported by the masterful and painstaking work of John Williams at Shadow Stats in the US at 11.4-11.6%. How can this be? There is more to this than meets the eye. Isn't it convenient that major purchases such as housing, automobiles, and average median home income and the decline of household income are not mentioned? Even if it is not mentioned, food and fuel prices have risen substantially past 3.2% annually and nationwide, so obviously we have some major downplaying by the government of Canada.
The Canada Pension Plan Investment Board said on Nov. 10, 2011 that the value of investments under management slipped in it's second fiscal quarter. The CPP has 17 million contributors and beneficiaries. The CPPIB said the assets under management as of Sept. 30, 2011 were $152.3 billion, which were $1.2 billion lower than at the end of the first quarter. We are in the midst of the government theft $1.2 billion in the Canada Pension Plan and yet there has not been the slightest mention of this in the mainstream media. For those of you who are reliant on this, you will be betrayed in Judas-like fashion at the robbery of what you have been working for in the coming times and that doesn't even include inflation factored in. Get ready because it's going to be a long, bumpy ride as government continues to steal more and more of your pension money in Canada and the US. This is just the tip of the iceberg.
The threat of war with Iran is ever looming as of late as the hour grows near. The US is getting prepared to either stike first or support Israeli aggression in an assault, but the bought and paid for warmongers call it a "preemptive" attack. It is likely we will see false flag terrorism on oil pipelines and in the Gaza strip to be blamed on Iran as the pretext for war. Right now the US is amassing naval fleets offshore of the middle east, particulary the 5th fleet AOR.
Now that you've been angered, it's time to share some positives. In Alberta, the Trans Link super powerline plan has been nullified. This plan to build transmission lines and heavy transmission infrastructure at the cost of the Albertan taxpayer has been disproved in Alberta. Alta Link was then going to charge higher rates for power usage ultimately resulting in a small factor that would drive down the standard of living, leaving higher power costs to Albertans while Alta Link gets a free power line at the expense of the taxpayer.
Large drilling continues across Alberta, but appears to be a drop in the bucket compared to Saskatchewan. There are drilling rigs across the province and there will continue to be as the price of oil nears $100/barrel USD and potentially running up to $120/barrel USD before years end. Not only with higher oil prices in the world, Saskatchewan will still continue to drill extensively with the re-election of Premier Brad Wall. Wall has opened up Saskatchewan to huge oil discovery and oil investment from the previous communist NDP provincial party reign. Not many oil companies would venture into Saskatchewan to extract oil under the strangleholds of the NDP and Premier at the time, Lorne Calvert. Wall has proven to be good for the western economy giving incentive for large job creation. Drilling hasn't been limited to oil however, there has been active drilling for potash in Saskatchewan as that commodity may be another industry in which there will be steady growth and demand. Affecting western Canada right now heavily is a diesel shortage experienced across the western provinces. Problems at a refinery in Regina have limited the sales of diesel to literage and hours of operation and most cardlocks and service stations and likely will not be resolved for a few weeks. Look for gasoline to spike in price as they will use this diesel shortage to bid the price up on their other products.
Sunday, October 23, 2011
PROBLEM, REACTION, AND SOLUTION: It's Financial Dictates On the Economic Outlook
The author makes no delusions about what he is about to present. I do not conclude the following as concrete evidence, nor as theorem, but as indications of the dire consequences that the public faces.
Many of us who are informed, are also aware that there is a formula named after Hegel, called the Hegelian dialectic. We are currently seeing this being used to it's full effects as of late, both in economic and social matters. First, the issue of banking.
Bank of America, one of the largest "too big to fail" banks in the US, is insolvent. Their debt issues are beyond repair. Recently, they've raised transaction fees to $5 USD per transaction. It is my conclusion that they did not start this without knowing what they were getting themselves into. Why would they do this? Well, for starters, it's a way for them to try to cover their debts to increase their ability to further leverage themselves and make their bank more "elastic" in the derivatives market. They wish to run up as many derivatives as they can before they implode from within and have to go lobby their friends in Congress who are complicit in bailing them out. Anything to make a quick buck before the great stock market plunge. BOA knew that instituting such a decision would create a fearful frenzy wherein the public would start lining up outside of their branches to start demanding their money back and closing any accounts they currently have at BOA. Essentially, this is a run on the bank putting $1.9 trillion in deposits at risk. Many customers are being denied the right to close their accounts at BOA and there have even been some who have been arrested when they have tried to close them. As Bob Chapman of The International Forecaster and Lindsey Williams have announced, BOA, will eventually become nationalized. An offically government chartered and subsidized institution where the government dictates what you can and cannot do with your cash, savings, and investments. We can all see the indications that this may very well be true. They have also said that most of the large banks across the US will eventually become nationalized. With the debts running high from over-leveraging themselves in the derivatives market, Congress and the illegal alien in the white house, Barry Soetoro, aka Barack Obama, will use the banking crisis as a way to nationalize the banks through legislation. This will be done under the pretext of preventative measures taken in order to prevent another situation like this from happening. Of course, that will be their claim when in fact the globalists will use the coming crash to setup world government. The banks will go hand in hand with the current Obama administration on this move and they will have nothing to lose by doing this because a state-run bank will mean direct capitalization on demand anytime they want, via the Federal Reserve. When the crash does come, it will likely be after the 2012 election to give the public the impression that President O'bottom has done a great job, although there will be a large crash sooner, but the big one will come after the election. If there is another candidate the globalists prefer they will still wait until after that candidate is sworn in, that is my personal belief. We've seen this played out before previously. Since the war criminal George W. Bush was finishing up the last year of his 4 terms, Obama was brought in and provided massive bailouts and stimulus for the banks, directly injecting massive liquidity to which the public did not question it due to Obama's cult following and Black Friday fear mongering. If Ron Paul becomes President and doesn't become assassinated, we will not see him support such damaging fiscal policy even though the rest of Congress may bellyache and fear monger.
The world is in a point of no return from it's debts globally, and the US banks are no exception. The US banks have meddled into markets both domestic and foreign and have driven the world into a downward spiral as they push their financial vehicles known as, derivatives. Some have suggested that the derivatives toilet is more than it's studied and estimated $1.5 quadrillion! How on earth does the world pay for this mess? Well, Wall Street and the big banks have done just fine driving everybody into oblivious debt while once productive cities like Detroit, Michigan appear to be close to 50% unemployment. This is absolutely heinous in nature. When one produces, one should reap the rewards, but in the financial world, when one destoys and hedges on both sides, one reaps the rewards.
Operation Twist, which was created by Ben Bernanke and the Federal Reserve, has been a failure, or has it? It depends on which side of the pen you are on. The world is experiencing a major deflationary period in institutional lending, which has been freezing slowly. Could it be that Ben Bernanke and the rest of his clique of bankers and terrorists at the Fed may have an alterior motive to operation "Twist"? They may, let me explain. If the banks are deflationary in lending fearing a credit squeeze, but real inflation is around 11.4% in the US from the amount of money printing and easy credit the Fed has provided previously. We are currently experiencing a point where there is not enough currency and credit available to stimulate lending, but prices are rising. It's not like stimulus and bailouts go to production anyway. We know that the banks have used it to further leverage themselves while businesses struggle to get commercial financing. What am I getting at? Let's examine the major owners of the US Federal Reserve: JP Morgan, Goldman Sachs, Bank of America, Citigroup, and Wells Fargo. JPM has the largest share in the Fed and this is why we see absolute collusion between their CME Group, which owns and oversees commodity and future markets, and Fed policy. Policy that benefits JPM and it's Fed colleagues, the evil empire as we should rightly call it. So, with this deflationary period, one must look at the influencers who own the Fed. Their problem is not a lack of capital, but debt. They allude to their problem as a lack of capital in order to bribe Congress for intervention into the market effectively outsourcing all fiscal accountability to the Fed! There is an inherent problem with this as anyone can see, plain as day! Bailout addendum via QE3 or QE3-hybrid of some sort is soon to follow to cover current financial and legal obligations to their debts and leveraging. It will mainly go to cover over-leveraged derivatives to free themselves up a little more to continue to run the table. Many of which are still operating in the mortgage-housing industry at full steam ahead, believe it or not. Pundits and 'presstitutes' in the mainstream media are trying again to encourage the public that the housing sector isn't doomed and that Congress, the Fed, and the banks are working ever so diligently on making things better and that real estate is still a good investment. How much of this crap will the public buy?
In Canada, the public is in a state of 'do we, don't we?' when it comes to purchasing homes. Location has a major influence regarding what buyers can and cannot do. For instance, many people in rural to moderately urban Alberta are still considering buying and selling homes as if they were a safe investment. The mindset is that Canada's financial sector is completely different than the US financial sector and that we are in a state of 'protection' and that the industry is 'solid' due to different regulations in Canada than those of our southern neighbor. Don't count your chickens before they hatch. Many of those in Alberta have a higher standard of living than the rest of the other Canadian provinces due to the oil and gas industry. There are massive drilling projects across Alberta currently and the service industry is soon to follow after these programs. From the jist of what is being said about the activity, some are prematurely comparing it to the activity of 2006 and 2007. This has set an illusion into housing short term, but the long term effects of commitments and payments will certainly follow when property values plunge. There will come a time when the general public starts to realize this plunge as the mortgage to rent ratio becomes more realistic. Generally, as people have their homes foreclosed on, they need places to rent. The more this happens, the harder it will be to find places available for rent, but they will not carry the current rates.
The reason I said that the housing industry in Canada depends on location is because it is parallel to the current disposable income of individuals of that area. Thus, certain areas of Alberta are busy. However, if we look at Calgary and Edmonton, both cities are experiencing a drop in housing prices. We know for certain that Calgary and Edmonton have been hit at the same time as other cities across the country have. Vancouver, Montreal, Toronto, Saskatoon, Regina, Winnipeg, Halifax, and Ottawa have all experienced a post-summer downturn. This downturn is becoming the digressive realization of a bubble that is coming to a pop. The powers that be (TPTB) will try to prolong the real estate market for as long as they can by continuing to do business as usual. We may even see promotional offers with a few percentage points lower or the Bank of Canada may lower interest rates to stimulate lending before the eventual collapse. Subsequently, there will be a credit crunch after this. The banks in Canada are not capitalized enough to protect themselves from potential runs, but all of them are chartered. These banks include Toronto-Dominion-TD (CEO Edmund Burke, commitee Bilderberg member), Royal Bank of Canada-RBC, Bank of Nova Scotia-SCOTIA, Bank of Montreal-BMO, and Canadian Imperial Bank of Commerce-CIBC. Under the Bank Act of Canada, there is no reserve requirement for these chartered banks to 'lend' unlike the United States and their fractional reserve system. No reserve requirement, period. This has been confirmed by Finance Minister Jim Flaherty. Is this where Canadian politicians get their idea that the Canadian finance industry is somehow immune to the world's problems and is much safer? Maybe so, but it is completely stupid. The threat potential for monopoly and hyperinflation created by the banks is infinitly greater under a system without a reserve requirement. Also, one has to wonder what kind of intergovernmental banking structure is being set up by Stephen Harper and Obama in these trade talks which have been kept hidden from the public. The people and media have asked for details regarding these agreements and have been rejected by the Harper Cabinet, evidence of a fascist regime and the North American Union being established.
Recently, the commodities markets took a beating by JP Morgan/CME Group and the US government, especially the precious metals. On Sept. 23, 2011 the CME Group hiked gold margin requirements by 21%, silver 16%, and copper 18%. JPM and HSBC as well as a few others, were able to cover most of their naked shorts in gold and silver. They are still short somewhat and don't have as much to lose, but now they are going long and will experience more profit by going long and will be able to cover any cash settlements under CFTC trading rules, instead of settling in bullion. Media pundits such as MSNBC are still beating their drums that gold and silver were in a bubble and are no good for anything other than fillings in teeth and jewelry and are encouraging USD related assets (oxymoronic) such as treasury bonds. Chief commodities strategist at JP Morgan, Colin Fenton, was recently featured on MSNBC and claimed that JPM is likely to still go long on gold at their projected $2500 USD/Oz, but made an attempt to the viewers to claim that gold is not a store of value, but a barometer. Gold AND silver have always accounted for the expansion of the currency supply no matter what. In typical gangster fashion, Fenton revealed that JPM is looking for a hefty $4 trillion in spending by the unconstitutional Deficit Super Commitee (Super Congress) to prevent a further US credit rating downgrade. If the US is downgraded, then JPM as well as the other banks will have a more volatile market in which to hedge themselves. In essence, the banks prefer a more volatile market to continue to run shorts and options (both ways) and will profit even more. Fenton said that in the time that deficit ceilings and spending is raised, USD denominated assets should increase in price. It doesn't take a rocket scientist to figure out that he's referring to inflation and maybe even hyperinflation by next year. The average TV viewer will look at this and see their USD denominated assets potentially increasing in price, but unfortunately they are losing any and all profits to inflation and their diminishing purchasing power.
The threat of another war is being hyped currently. The globalists have been trying to create a war with Iran since 2003, but haven't been able to. It may not have happened yet because of the Bush administration's Iraq and Afghanistan wars at the time and troop availability, but Obama has shown that he can have 5 wars going on and create more wars. The 5 wars include Afghanistan, Iraq, Pakistan, Egypt, and Libya wherein the US has troops and/or operatives in each country. The new potential for US occupation in Syria is very real, but Iran is the real prize they have their eyes on. The current geopolitical strategy is to use Israel to go ahead and attack Iran which would take the focus off of the Obama administration and the unconstitutional wars it creates. The other scenario is to continue to have more false-flag terror and assassination attempts and blame them on Iranian officials or to affiliate them with Iranian officials. We are all reminded of the "believed to be linked to Al-Qaeda" and such and such a country "aides terrorists" slogans, aren't we? Either way, whether Israel or the US attacks Iran, there will be a war with Iran. They will press for a war to the bitter end. Again, it may come after the election and in the meantime the US government may stage more terror attacks on it's people until that time comes to give the impression that Obama waited and that the US has been victim the whole time. The powers that be will use this war to create chaos and uncertainty in the oil markets to drive up the price (oil is traded in USD) propping up the dollar while Europe and the rest of the world unravels to their own financial destruction.
We have seen these creatures use crises to create a problem, there is a reaction to which the public outcries, and then government offers up the solution with media to drive it into the brains of the helpless people. It appears the solutions are perpetual legislation creation where the banks won't be held accountable and will become nationalized, all the while being allowed to carry multiple sets of books for the declaration of asset and liability allocation. Congress and parliaments throughout the world are creating a banking superstructure and that's what is coming out of the Soros funded 'Occupy' color revolutions. As the public demands stricter legislation on the banks, they will be so uninformed as to the real deception of banker loopholes that will be prevalent in the upcoming legislation. The statutes will be given names under guises of security, but most of the public unfortunately doesn't know that security means money is involved and not protection. This is what these bills will likely be along the lines of.
It is hard to try to deny that the longer the 'Occupy' protests continue throught the world, that the police will open fire on civilians giving rise to the excuse for martial law. Once protectorates of the peace they have been indoctrinated enough to believe that they are the neo-Gestapo, above the law.
My only hope is that the public can concern themselves with the right intelligent information to understand what is being done to them. Hopefully when the public informs themselves and his fellow man, he or she can offer better solutions to the current economic problems other than more bailouts, deceptive legislation/de-regulation, and war.
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