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Saturday, 20 November 2010

Quantitative Easing Is Just One Part of the Perfect Hyperinflation Storm

 

The Federal Reserve Will Bankrupt This Country There has never been a time when so many things have come together to work towards the destruction of...

 


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Gerald Celente : Currency wars and trade wars will lead to real wars

 

Gerald Celente on The Alex Jones Show - 11.18.2010 Gerald Celente :...TSA and Washington are gone over the line ....look what's going on over seas...


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Quantitative Easing Explained (Hilarious)

 

Vatic Note: ROTFLMAO..... I am amazed at the humor lately that I have been seeing coming out into the main stream grass roots all over the world with respect to our plight. Satire is taking hold as it should and making a big splash on the international scene with grassroots citizens. Whatever the bankers do to us, others not yet affected can see what they will do to them, and its having its impact on their perceptions and how deeply they will allow the International ZIONIST bankers inculcate themselves into their system.
Its as if everyone got hit with the ridiculousness of the situation at the same time about how we got here. This one is the best and most fun to share. I could not stop laughing. Its entertaining as well as educational for those who have no idea what has happened. Very orwellean indeed. "Deflation is bad, Inflation is good". LOL. What I really love is when he explains this is because of "THE BERNANKE" as if it were some object rather than anything human that had done this and he woudl be right.
Quantitative Easing Explained
http://www.youtube.com/watch?v=PTUY16CkS-k&feature=player_embedded
malekanoms, Utube, provided to Vatic project by Ron Wood, Dominican Republic
November 11, 2010,
"THE BERNANKE" LOL

What the Federal Reserve is up to, and how we got here. (ITs hilarious! )
http://www.youtube.com/watch?v=PTUY16CkS-k&feature=player_embedded



The article is reproduced in accordance with Section 107 of title 17 of the Copyright Law of the United States relating to fair-use and is for the purposes of criticism, comment, news reporting, teaching, scholarship, and research.

http://vaticproject.blogspot.com/2010/11/quantitative-easing-explained-hilarious.html

California Legislatures in Maui! In Your Face!

 

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california-legislature-conference-at-fairmont-kea-lani-resort
Last night as I was watching the local news, I nearly fell out of my chair while hearing a report that California legislatures are on an expense paid trip this week in Maui at the very posh resort, Fairmont Kea Lani while lobbyists wine and dine them at two conferences as they discuss the 25 billion dollar California deficit!

Seriously, this stuff makes my blood boil, especially during today’s hard economic times with so many people out of work and making do with less. Shouting at the TV while listening to the report of legislature sheer arrogance and disdain for the voter, didn’t do any good except to vent a bit of frustration. I am simply astounded at the in-your-face attitude and actions of the California legislature – lawmakers and government.
california-legislatures-poolside-at-fairmont-kea-lani-maui
Evidently Gov. Arnold Schwarzenegger called the Maui conferences to rub shoulders with lobbyists and interest groups to discuss government reform and the deficit. Now lets think about this for half a second… why would the California governor and legislature need the advice of lobbyists and interest groups to bring about reform ideas. Hmmmm, wait, I think I’ve got it… money talks!

Yes, we can be assured that deals are being made and laws are being crafted so as to benefit the groups that are reportedly there with them (pharmaceutical companies, the Correctional Peace Officers Association – prison guard union, Pacific Gas and Electric Co, and others), while the taxpayer will surely continue to get screwed.
california-legislature-maui-room-at-fairmont-kea-lani
But wait, there’s more… they couldn’t hold the conferences on just one Hawaiian Island, they had to island hop between Maui and Kauai. I guess the view gets boring after a few days and they needed a switch.
california-legislatures-playing-in-the-pool-at-fairmont-kea-lani-maui
The reason I posted on this subject, being a local issue to the state of California, is that I am sure this is just a microcosm of the attitude and actions of other government bodies around the USA and the entire world.

It’s all about the money, and who pays the most for access to those that make the rules and laws. The rest of us are here only to be served for a short time while leading up to an election to keep these bums in office. Once re-elected, it’s all about the money groups.

The middle class is disappearing. The middle class is getting entirely squashed, screwed, stomped on, fleeced, and destroyed, while the big boys laugh, party, and carry on.

I wish that we could all arrange a day and time when we open our windows, stick our heads out, and shout in unison, “I’m not going to take it anymore!”

An article from the Sacramento Bee explains the screwing in a bit more detail here.
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Friday, 19 November 2010

Scientists picture Icelandic volcano's 'plumbing'

 

November 18, 2010

volcano plumbing explained

Scientists think they can now explain the sequence of events deep inside the Earth that led to the major volcanic eruptions on Iceland earlier this year.

Using data from satellite radar, GPS, and seismometers, the group has sketched a blueprint for the "plumbing" underneath Eyjafjallajokull. The analysis is published in the journal Nature.

It goes someway to explaining why the volcano caused so much disruption to European air traffic.

"We can say that each volcano has a plumbing system and with our observations we have come up with a model for the plumbing system that was active at Eyjafjallajokull during this whole event," said Professor Freysteinn Sigmundsson from the University of Iceland.

"We were surprised by how complex it was," he told BBC News. The root cause of the eruptions was a major intrusion of magma below the mountain. [ BBC NEWS ]

http://www.nature.com/nature/journal/v468/n7322/full/nature09558.html

7.5-magnitude quake? Fault found in Rockies

 

Scientists have mapped a previously unknown and active seismic fault in the northern Rockies capable of unleashing an earthquake with a magnitude as high as 7.5. The newly discovered fault in central Idaho does not lie in a densely populated area.But Glenn Thackray, chairman of Idaho State University's geosciences department, said the 40-mile-long fracture in the Earth's crust at the base of the Sawtooth Mountains near the tiny mountain town...

http://www.armageddononline.org/earthquake-rockies-idaho-prediction.html

Thursday, 18 November 2010

Metaphysicians tell us that our DNA composition approximates one's consciousness, and vice versa

 

Vatic Note: We have covered this subject extensively and now we are covering another one of the ways they are trying to mutate and dissemble our DNA and why? Well there is a quote right after my note that may well explain it, since they have had the most advancement in manipulating DNA with Spider nano technology and other such ways. Remember sometime in the past that already happened when two of our DNA strands were disconnected and we have no idea what that may have done to us. We also only use 10% of our brain capacity. What was the other 90% doing in the past and what is it capable of doing should we fix the problem??? Is that why our DNA is continually under assault through the DU poisoning, the food and chemicals in our food, our water supply tainted with flouride and heavy metals such as lithium, our children being drugged with psychotropic drugs in record numbers in our schools????? We had better wake up before we can't. That is how serious this is getting and rapidly too. Its your children and grandchildren that will become the androids they seek to create and you will have failed them for the first time in the history of our nation that one generation failed to protect and defend the next generations. Its our duty to do so, no matter the cost.
Check out this quote and tell me if this sounds like the motivation for this happening, since that same country, controlled the reason for the scanners, they made the scanners and Chertoff, the dual Israeli traitor citizen ordered the scanners weeks before the panty bomber ever came on the scene, yes, I think it does.
"The Jewish people as a whole will be its own Messiah. It will attain world domination by the dissolution of other races (VN: can only be done by DNA manipulation) ...and by the establishment of a world republic in which everywhere the Jews will exercise the privilege of citizenship. In this New World Order the Children of Israel...will furnish all the leaders without encountering opposition..." (Karl Marx in a letter to Baruch Levy, quoted in Review de Paris, June 1, 1928, p. 574)
Coming Soon to You: Massive DNA Destruction
http://newsbuster.com/Pages/content/coming-soon-to-you-massive-dna-destruction.html
NewsBuster.com, by J. Speer-Williams
October 4, 2010

Metaphysicians tell us that an individual's DNA composition approximates one's consciousness, and vice versa: One's consciousness determines one's DNA structure. Attack one, you attack the other. Improve one and you improve the other.
Mainstream Doctors Fritz-Albert Popp and Bruce Lipton both tell us that our DNA appears to be the vital link between our physicality and spirituality.
Dr. Popp, founder of the International Institute of Biophysics, at Neuss, Germany, and Dr. Lipton, of the University of Wisconsin, both confirm that modern science now realizes and recognizes that our DNA structures directly reflect our consciousness.
This makes it possible for us to willfully activate what science formerly called "junk" DNA, by increasing our individual consciousnesses.
By activating dormant DNA, one would likely be able to perceive life beyond the five physical senses of sight, hearing, taste, touch, and smell; and one's world of spiritual intuition, discernment, judgment, and wisdom begin to develop.
The more we learn about the negative intentions of the dark forces of our world, the more we wake up spiritually, and the more our "junk" DNA activates, if we are not overcome with negativity or fear ourselves in the process of waking up.
Fear blocks any possible expansion of consciousness, which explains the constant and universal fear-mongering promoted by the private International Monetary/Banking Cartel's corporate media, all resulting in the severe stunting of our universal consciousness.
The Cartel's silent, soft-kill weapons of mass DNA destruction are all around us. Depleting uranium, chemtrails, street and pharmaceutical drugs, vaccines, genetically modified foods, fluoride, aspartame, psychotropics, and now naked body scanners are used against us for a very basic reason: To keep us from waking up to their crimes by damaging our DNA.
The Cartel's latest cloaked attacks against mankind are their so-called Backscatter X-ray Machines that expose the naked bodies of men, women and children at busy airport security portals all based on the flimsy ploy of simply one "crotch bomber" at Christmas time of '09 in Detroit. Now suddenly, these Backscatter machines will be showing up at over 125 US airports.
These virtual strip searches, in addition to damaging our DNA, will be setting the stage for the expansion of our world-wide cancer epidemic. Any amount of radiation is dangerous, as it is cumulative, and poses a serious threat to all living cells through which it passes, leaving behind a trail of destruction and genetic mutations.
The Backscatter doesn't actually emit X-rays, but little tested T-rays, or THz waves (terahertz waves), which is radiation that is positioned between microwaves and infrared rays on the electromagnetic spectrum.
Sound dangerous? It is. One would think that US taxpayers would object to their government spending so much of the people's money in order to inflict its citizens with cancer.
But no, the Monetary Cartel and their dark minions in "think-tanks" are clever.
Knowing that the majority of the American public cares not a whit about their personal privacy, but has huge concerns for their personal security, the dark overlords of the Cartel had their corporate media begin calling their cancer-dealing/death-dealing machines, "Naked Body Scanners."
This made what little public argument there has been against the Backscatter machines a "privacy issue," instead of a "cancer issue."
And the ploy has worked marvelously. Millions of Americans with no concerns about how their privacy is being violated still line up at full-body scanners, across the US, never knowing how those T-ray machines could eventually kill them.
At best, the issue of the dangers of full-body scanners at airports and other places has become controversial. Which means, the voices of governmental "authority" wins that Info-war, given that American who can't think for themselves always defer to governmental pronouncements as being the last word.
Boian Alexandrov, of the Center for Nonlinear Studies at Los Alamos National Laboratory, however, has a very decided opinion regarding the dangers of T-rays: He tells us that T-rays tear apart human DNA.
Alexandrov, and his team at Los Alamos, say that although the forces that T-rays exert are small, their resonant effects can "unzip" DNA strands, tearing them apart, thus creating bubbles in the strands that significantly interfere with gene expression and DNA replication. And whatever that means, it doesn't sound good.
Moreover, it seems these T-ray scanners will be operated by non-healthcare, hourly wage-earners, not trained in radiation medicine or imaging. And who is to prevent massive radiation overdoses?
What protection will be offered to pregnant women, children, or our reproductive organs?
Also, whether you fly or not, the dark powers that have subjugated our federal government are intent on repeatedly lashing you with deadly radiation all for your own good, mind you.
Our government has bought hundreds of mobile Z Backscatter Vans (ZBVs) to hunt you down, so they can shoot you with deadly radiation.
These vans, that look innocuous enough, are carriers of radiation-death-machines that take no quarter, while they are driven through out our neighborhoods radiating pets, children, women, and men, alike, while they are in the privacy of their own homes.
These ZBVs also drive through city streets, irradiating other vehicles, and passengers, with strong enough radiation to penetrate steel and destroy the cells of human bodies, all on the flimsy pretense of protecting us from terrorists, who may be carrying bombs or drugs in their vehicles.
But who will protect us from the terrorists in our own government, who are so wantonly radiating us onto death?
It is truly amazing how much cruelty is afoot in our criminally insane world; however, the ruling financial oligarchs who are causing this growing lunacy are merely symptomatic of our collective spiritual state of being.
Until we develop more empathy for our fellow man, we'll continue to suffer at the hands of the criminally insane.
And, if you are like me, it's beginning to appear obvious that some power has far more interest in damaging our DNA, than keeping us safe from terrorists.
J. Speer-Williams
jsw4@mac.com



The article is reproduced in accordance with Section 107 of title 17 of the Copyright Law of the United States relating to fair-use and is for the purposes of criticism, comment, news reporting, teaching, scholarship, and research.

http://vaticproject.blogspot.com/2010/11/metaphysicians-tell-us-that-our-dna.html

Fears of a new food crisis as prices soar

 

The bill for global food imports will top $1,000bn this year for the second time ever, putting the world “dangerously close” to a new food crisis, the United Nations said.The warning by the UN’s Food and Agriculture Organisation adds to fears about rising inflation in emerging countries from China to India. “Prices are dangerously close to the levels of 2007-08,” said Abdolreza Abbassian, an economist at the FAO.The FAO painted a worrying...

http://www.armageddononline.org/Fears-of-a-new-food-crisis-as-prices-soar.html

Wednesday, 17 November 2010

Dr. Bill Deagle Vision - WORLD WAR III

 

Dr. Bill Deagle Vision - WORLD WAR III Dr. Bill Deagle, `s Vision WORLD WAR III "FIGHTER jets, infantry troops, destroyers and submarines will...


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Revolution against Central Banks

 

Vatic Note: What we have to accept and realize is if we ever allow this whole process of these internationalist zionist bankers to ever reach the level of control of the entire globe and all its resources, governments and wealth, then we are done. It will result in the deepest and darkest dark ages ever to grace this planet and this article and videos below are THE BEST I HAVE EVER SEEN IN TRULY SHOWING US JUST HOW BAD IT CAN GET. We are powerful and we can stop it and the evil ones know it. That is why they use the WMD of fear and hate, to keep us out of our power. This video and this group have got a great handle on how to revolt only against those that are the problem.
They are absolutely correct in their assessment and it shows how little the layman knows about what is going to befall them if these internationalists ever succeed. I am becoming more and more impressed with "Russia Today" and the programs' handle on the big picture. Please watch the videos, but more importantly read this all the way through and see how they offer a solution through revolution against NO ONE ELSE BUT THESE BANKERS and their corruption, drug running, money laundering, and other criminal fraud activities. Once in power they will no longer need to do any of it, as they will have millions if not billions of us working as slaves for them and their wealth will become unlimited. Ever hear of FEMA camps?
Its time to wake up and understand deeply just what we are about to embark on in the way of a global fascist new world order and stop it as soon as possible. WE CAN DO IT..... TRUST ME, WE CAN. We are great in numbers and we have tasted freedom and that can never be taken away, that taste stays with you forever. Its greater in power than greed, avarice and perversions (addictions).
Revolution against Central Banks
http://batr.org/gulag/111410.html
Global gulag blog
"The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered". Thomas Jefferson
"The Rothschilds, and that class of money-lenders of whom they are the representatives and agents - men who never think of lending a shilling to their next-door neighbors, for purposes of honest industry, unless upon the most ample security, and at the highest rate of interest - stand ready, at all times, to lend money in unlimited amounts to those robbers and murderers, who call themselves governments, to be expended in shooting down those who do not submit quietly to being robbed and enslaved". Lysander Spooner

Nothing is more destructive on the planet than the insidious enslavement of humanity at the hands of central banks. The concept of debt created money violates every axiom of logic and common sense. Self-interest should be a primordial instinctive drive. Christendom once condemned usury through a papal prohibition that it was a sin to charge interest on a money loan. The Qur'an teaches, "The usury that is practiced to increase some people's wealth, does not gain anything at God". However, the Hebrew Bible makes an exception, Deuteronomy 23:21 "Unto a foreigner thou mayest lend upon interest; but unto thy brother thou shalt not lend upon interest".
Where is the self-interest of the masses that accepts the ruthless theft from the ultimate crime? The helplessness of individuals to resist the cabal of greed is obvious. The literal acceptance of rabbinical Talmudic opportunism is the basis of central banking deception. Let’s be perfectly clear, When Victims Rule http://www.jewishtribalreview.org/04usury.htm provides the contrast.
"The vast gap between Christian and Jewish moral perspectives, per materialist self-aggrandizement, is evidenced everywhere in their respective traditions. In the Christian New Testament, for instance, Jesus enjoined values of humility and modesty to his followers, teaching that "It is easier for a camel to go through the eye of a needle than it is for a rich man to enter the Kingdom of heaven." [LUKE 18-25] Jewish religious tradition stands in drastic opposition. The [Talmudic] Mishnah, for instance, proclaims, "Who is rich? He who enjoys his wealth." Likewise, there is no equivilant in Jewish mainstream tradition to Christian vows of poverty and material abstinence".
Who created the sham of central banking? What is the justification to create money and charge interest for its use? Even more offensive, how were governments swindled into allowing private monopolies the function of loaning fiat money (produced by a ledger entry) to the State? What became of state sovereignty? The notion that a central bank demands an obligation from the government to allow money placed into circulation is not only absurd but is hideous.
The history of central banking is well defined. The refusal to focus on the controllers of the world’s money hoax is a requirement to engage in meaningful commerce. Governments serve central banks. The banksters share the iniquity of the Khazari tradition. The rest of us are all foreigners to the cult of the Tempter.
Escalate the deception from the personal level to the community of nations. The recent G 20 fiasco in Seoul illustrates that the scheme to subjugate countries under the bonds of phony debt is getting old. This video explains well the laws of economics
http://www.youtube.com/watch?v=H3avIXD2foM&feature=player_embedded
Asians are blessed from being condemned to the insane victim devotion that Western culture has sunk in the last century. The poor bankers worship in their hedge fund temples. Governments beg for sustenance from the synagogue of quantitative easement.
One can never fault for a lack of creativity, such a nasty trick. Foreigners will pay the highest price and brothers will get relief from the policy benefits that are always a condition for allowing governments to borrow additional phantom money. A nice gig if you can get it for a tribe of respectable merchants from the Venetian heritage.
Enough is enough! The global free trade/transnational economic plague all depends upon rolling over higher levels of debt that accrue more interest for the privately owned banking cartels. This larceny is not natural, but the evil nature of the banksters is genetic. Central banking based upon debt created money must be eliminated. Sounds radical but this requirement is entirely traditional, at least for civilizations that foster a meaningful degree of state and individual sovereignty.
The author Eustace Mullins is the definitive source on the SECRETS OF THE FEDERAL RESERVE - The London Connection. His video The Federal Reserve & Central Banking System is a must view. His recent passing does not diminish the force of his analysis.
Watch this video of Eustace Mullins on the Federal Reserve and Central Banking
http://www.youtube.com/watch?v=DPAu8UK9AqU&feature=player_embedded
A perceptive article Monetary Gold, SDR's and the BIS explains the following,
"The official currency unit of the Bank for International Settlements itself is the SDR. The BIS, of course, and its member central banks and private individuals/corporations (until they were bought out in 2001) is the father of the IMF. The BIS also holds "Investment Accounts" or IA's for the IMF since 2005. These are international loans and investments that the IMF pays the BIS to run. The SDR itself took the position as official unit of the BIS from no other than the gold* Swiss franc in 2003 (*more on that shortly). As we know, the SDR's are "a potential claim on the freely usable currencies of IMF members"--55 of which are subject to the central banks that own the BIS.
This is how it works: the BIS is creating up SDR's. The BIS is taking national currency deposits from the 55 member/owner central banks and converting them to SDR's on its own balance sheet. The SDR's are "claims on the freely usable currencies of IMF members," therefore, the deposits of the central banks become claims on those currencies--the deposits of the fiat central banks who can deposit as much as they feel at the BIS in whatever currency the chose--including the SDR's allotted to their "nation," as the central banks are the sole depositories for the national wealth/sellers of the national debt. The BIS is then paying out dividends to these same member CB's in the form of SDR's, which again can be used to claim currencies. By August 2009, they had just made up out of thin air almost twelve times the supposed global supply of SDR’s. They are truly acting like the "central bank of the world," complete with printing!"
The significance is that a modified SDR with an unredeemable (for individuals) gold backing component as a substitute for currency recalls is being floated out as an alternative for the failed Federal Reserve IOU Note. All the time the underlying debt obligation would just be rolled over into a new dodge to keep the Ponzi scheme afloat. How is this ploy any different from Shakespeare’s quid-essential money-monger?
SHYLOCK: The Merchant of Venice
Act I, Scene III
This kindness will I show:
Go with me to a notary, seal me there
Your single bond; and, in a merry sport,
If you repay me not on such a day,
In such a place, such sum, or sums, as are
Express'd in the condition, let the forfeit
Be nominated for an equal pound
Of your fair flesh, to be cut off and taken
In what part of your body pleaseth me.
This is the essence of central banking. It uses debt created money to rob societies, manipulate economies and maintain perpetual indebtedness. Human bondage is permanent under the reign of loan shark banking dynasties. Apply this same standard against the central banks, but instead of settling for a mere pound, set your sights at repossessing the wealth of generations stolen from the labor and ingenuity of freemen by the cabal of iniquity.
Combating this global gulag demands bold and inventive resistance. Break away from all financial instruments. Get out of debt; everyone is already in a virtual bankruptcy. Convert into real assets that have liquidity outside the banking system. Reduce your expenditures, increase your savings and lower your taxable income, while building up bartered reserves. Hard times are here and will get only worse, prepare as time allows.
Governments are subservient to money dominance as long as they accept the central banking illusion that money can only be issued under a debt obligation paid to bankers. The remaining few thinking individuals are able to understand this basic principle. Politicians dispel this wisdom, economists apologize for fractional reserve banking and the average taxpayer sinks deeper in debt – personally and as a citizen of their country of residence.
War is the favored tool of the oligopoly financial magicians. They set the wheels in motion to detract from economic collapse when the sheeple have no more wool to shear. They build even higher, the debt corridor under the guise of national survival. How quaint! This formula works well and serves to consolidate the money moguls design on planetary serfdom.
Revolution against the financial banking houses combats the enslavers. The House of Rothschild is more than a symbol; it is a curse on civilization. A revolt against central banking masters is the redress mission that humanity requires to unleash individual dignity and economic freedom. Take back national sovereignty with the repudiation of the illicit debt and issue constitutional U.S. Dollar specie. This is a moral war, which needs to be fought . . .
SARTRE – November 14, 2010



The article is reproduced in accordance with Section 107 of title 17 of the Copyright Law of the United States relating to fair-use and is for the purposes of criticism, comment, news reporting, teaching, scholarship, and research.

http://vaticproject.blogspot.com/2010/11/revolution-against-central-banks.html

Tuesday, 16 November 2010

Inside the Meltdown

 

On Thursday, Sept. 18, 2008, the astonished leadership of the U.S. Congress was told in a private session by the chairman of the Federal Reserve that the American economy was in grave danger of a complete meltdown within a matter of days. "There was literally a pause in that room where the oxygen left," says Sen. Christopher Dodd (D-Conn.).
As the housing bubble burst and trillions of dollars' worth of toxic mortgages began to go bad in 2007, fear spread through the massive firms that form the heart of Wall Street. By the spring of 2008, burdened by billions of dollars of bad mortgages, the investment bank Bear Stearns was the subject of rumors that it would soon fail.
"Rumors are such that they can just plain put you out of business," Bear Stearns' former CEO Alan "Ace" Greenberg tells FRONTLINE.
The company's stock had dropped from $171 to $57 a share, and it was hours from declaring bankruptcy. Federal Reserve Chairman Ben Bernanke acted. "It was clear that this had to be contained. There was no doubt in his mind," says Bernanke's colleague, economist Mark Gertler.
Bernanke, a former economics professor from Princeton, specialized in studying the Great Depression. "He more than anybody else appreciated what would happen if it got out of control," Gertler explains.
To stabilize the markets, Bernanke engineered a shotgun marriage between Bear Sterns and the commercial bank JPMorgan, with a promise that the federal government would use $30 billion to cover Bear Stearns' questionable assets tied to toxic mortgages. It was an unprecedented effort to stop the contagion of fear that seemed to be threatening the rest of Wall Street.
While publicly supportive of the deal, Treasury Secretary Henry Paulson, a former Wall Street executive with Goldman Sachs, was uncomfortable with government interference in the markets. That summer, he issued a warning to his former colleagues not to expect future government bailouts, saying he was concerned about a legal concept known as moral hazard.
Within months, however, Paulson would witness the virtual collapse of the giant mortgage companies Fannie Mae and Freddie Mac and preside over their takeover by the federal government.


The episode sent shockwaves through the economy as confidence in Wall Street began to evaporate. Within days, in September 2008, another investment bank, Lehman Brothers, was on the brink of collapse. Once again, there were calls for Bernanke and Paulson to bail out the Wall Street giant. But Paulson was under intense political pressure from conservative Republicans in Washington to invoke moral hazard and let the company fail.
"You had a conservative secretary of the Treasury and conservative administration. There was right-wing criticism over Bear Stearns," says Congressman Barney Frank (D-Mass.), chairman of the House Financial Services Committee.
Paulson pushed Lehman's CEO Dick Fuld to find a buyer for his ailing company. But no company would buy Lehman unless the government offered a deal similar to the one Bear Stearns had received. Paulson refused, and Lehman Brothers declared bankruptcy.
FRONTLINE then chronicles the disaster that followed. Within 24 hours, the stock market crashed, and credit markets around the world froze. "We're no longer talking about mortgages," says economist Gertler. "We're talking about car loans, loans to small businesses, commercial paper borrowing by large banks. This is like a disease spreading."
"I think that the secretary of the Treasury could not fully comprehend what that linkage was and the extent to which this would materialize into problems," says former Lehman board member Henry Kaufman.
Paulson was thunderstruck. "This is the utter nightmare of an economic policy-maker," Nobel Prize-winning economist Paul Krugman tells FRONTLINE. "You may have just made the decision that destroyed the world. Absolutely terrifying moment."
In response, Paulson and Bernanke would propose -- and Congress would eventually pass -- a $700 billion bailout plan. FRONTLINE goes inside the deliberations surrounding the passage of the legislation and examines its unsuccessful implementation.
"Many Americans still don't understand what has happened to the economy," FRONTLINE producer/director Michael Kirk says. "How did it all go so bad so quickly? Who is responsible? How effective has the response from Washington and Wall Street been? Those are the questions at the heart of Inside the Meltdown."

[[ This is a content summary only. Visit my website for the full story www.Trends2012.co.cc ]]

Monday, 15 November 2010

Paul Craig Roberts : Military spending, The collapse of US empire

 

The military industrial complex continues to rev its engine even as the US economy continues to struggle. Pro-defense Republicans are already...


[[ This is a content summary only. Visit my website for the full story www.Trends2012.co.cc ]]

Prophetess Baba Vanga Prediction for the next 3000 years

 

Prophetess Baba Vanga predict what will gonna happen in next 3000 years in the world2010 - The start of WWIII. The war will begin in November of 2010...


[[ This is a content summary only. Visit my website for the full story www.Trends2012.co.cc ]]

Sunday, 14 November 2010

Saturday Seven Up

 

7up

The story of the week on the blog was the hunt for the extinguisher tosser, Guido offered a bounty as a reward, so many readers offered to chip in such that we had pledges for well over the original £1000. We will keep our counsel see what results. Many thanks for the pledges.

The blog’s reporting of the NUS riot this week has been comprehensive, we were there, we were unspun – when the BBC claimed CCHQ had been evacuated – this blog reported correctly from sources inside that it had not been. When the NUS spun that a small minority of outsiders were responsible we highlighted the involvement of NUS officials and elected national officers, exposing NUS president Aaron Porter’s hypocrisy in calling for a “demo-lition” on a route passing in front of CCHQ, his warning days before the march that “we will use every weapon in our armoury” telling students they needed to be not just on “the streets of London” but “inside the rooms where the deals will be made”. The rioters took him at his word…

Guido’s favourite story of the week was this piece of business news. The blog had 242,789 visits and 400,884 pageviews by 86,544 visitors. The top 7 stories last week in order of popularity were:

You’re either in front of Guido, or you are behind…

http://feedproxy.google.com/~r/guidofawkes/~3/Dzp6J5mN0dg/

Conspiracy Theory With Jesse Ventura, (THE POLICE STATE) Pt 1 of 4

 

Vatic Note: This series of videos comes from Jesse Ventura's Conspiracy Theory show Titled "The Police State". It is eye opening and revealing how much planning has gone into this. Everything I mention below here about what we have already experienced, he brings up as the evil ones using the same bioweapon again to herd us into those FEMA camps. Remember the Avian Flu last year in September of 09? Well, Jesse's scenario almost happened back then, but got cut off at the knees by a court injunction. Remember also, they passed a bill to make it mandatory to take the tainted flu vaccines? Remember also the Baxter tainted Flu Vaccine in the thousands that got sent overseas? Remember the Chek Republic went against the orders not to test the vaccine and they did anyway and the ferrets died, both of them. The vaccines were recalled immediately. Millions would have been killed in Eastern Europe had the Cheks not tested those vaccines. Remember the 89 Dead Microbiologists since 9-11-01?
So this was all suppose to happen way back then. Forced vaccines, loaded with killer viruses to kill off millions world wide. That was the plan and it failed, so here we are again with some "disease" that will require quarantine and thus the camps. Who is going to say no, if it might mean they will not get ill. Another damn patriot act scam to institute the police state using a legitmate excuse that is bogus. The fusion centers are proving that one fully.
Remember Bill Gates pushing and promoting and selling the public on massive vaccinations that ended up causing sterility??? I ask if you remember because these videos show that the plan appeared to be based on the "Medical Emergency Health Powers Act" passed in all states back when Bush was pushing this and everyone signed onto it. Also remember "Pax Americana" written by Cheneys' New American Century Think Tank, that talked about Bioweapons BY GENOTYPE to be used for "POLITICAL PURPOSES". (If the link no longer works, I have the text) Not defence, but politics.
Conspiracy Theory With Jesse Ventura, (THE POLICE STATE) Pt 1 of 4
http://www.youtube.com/watch?v=ScAQaeADk4k
Federaljacktube3
November 12, 2010
Part 1 - FEMA camps and coffins with Alex Jones
http://www.youtube.com/watch?v=ScAQaeADk4k
Part 2 - Fusions Centers -
http://www.youtube.com/watch?v=XiJ4HLyuR6A&feature=watch_response
Part 3 - FEMA Camps with Alex Jones - Rex 84, concentration camps (same bankers, same concentration camps as World War II, funny how the "enemy" never deviates from his successes). We brought the "enemy", the nazi's over here and they do exactly this same thing; Prescott Bush ring a bell?
http://www.youtube.com/watch?v=_k3aQHY4ulI&feature=watch_response
Part 4 - Use a bioweapon disease outbreak to justify martial law and incarcerate under the bogus
excuse of quarantine. Regionalizing the nation.
http://www.youtube.com/watch?v=-CGr3QLDUfI&feature=related



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http://vaticproject.blogspot.com/2010/11/conspiracy-theory-with-jesse-ventura.html