Category Archives: Bilderbergers

Builderburgler Jay Rockefeller Wants ‘Net Control

My friend Nolocontendere has a theory about the recent ‘cyber-attacks’ on government agency sites:

Fear sells better than sex.

Blitz of “Cyber Attacks” as Rockefeller Bill Approaches

A determined propaganda blitz is well underway as the government sets the stage for the passage of Cybersecurity Act of 2009, introduced in the Senate earlier this year. If passed, it will allow Obama to shut down the internet and private networks. The legislation also calls for the government to have the authority to demand security data from private networks without regard to any provision of law, regulation, rule or policy restricting such access. In other words, the bill allows the government to impose authoritarian control over electronic communications.”

“According to “security experts analyzing the attacks,” Obama’s White House, the Pentagon, the New York Stock Exchange, the National Security Agency, Homeland Security Department, State Department, the Treasury Department, Federal Trade Commission and Secret Service, the Nasdaq stock market and The Washington Post were targeted.
All of this is happening as Senate Commerce Chairman John (Jay) Rockefeller — who has said we’d all be better off if the internet was never invented — plans a committee vote on cybersecurity legislation he introduced in April with Sen. Olympia Snowe, R-Maine.”

I agree. The so-called attacks were only superficial, if true.

Nothing serious was cracked and no data was lost, so WTF?

More false flag B.S.

“Cyber Attack” Just Excuse For More Government Control?

Interstellar ‘GPS’, Demonic UFOs and ‘Chinese’ Assets

An interstellar ‘GPS’ for future probes?

Pulsars have huge advantages. A deep space satellite network to fix position is a costly option — it doesn’t scale well as we expand deeper into the Solar System and beyond it. Autonomous navigation is clearly preferable, tying the navigation system to a natural reference frame like pulsars. The down side: Pulsar signals are quite weak and thus put demands upon spacecraft constrained by mass and power consumption concerns. So there’s no easy solution to this.

But several readers (thanks especially to Frank Smith and Adam Crowl) have pointed out a recent paper by Bartolome Coll (Observatoire de Paris) and Albert Tarantola (Institut de Physique du Globe de Paris) that speculates on a system based on four millisecond pulsars: 0751+1807 (3.5 ms), 2322+2057 (4.8 ms), 0711-6830 (5.5 ms) and 1518+0205B (7.9 ms). The origin of the space-time coordinates the authors use is defined as January 1, 2001 at the focal point of the Cambridge radiotelescope where pulsars were discovered in 1967. Thus, the paper continues:

…any other space-time event, on Earth, on the Moon, anywhere in the Solar system or in the solar systems in this part of the Galaxy, has its own coordinates attributed. With present-day technology, this locates any event with an accuracy of the order of 4 ns, i.e., of the order of one meter. This is not an extremely precise coordinate system, but it is extremely stable and has a great domain of validity.

If these numbers are correct, they represent quite a jump over the ESA study cited above, which worked out the minimal hardware requirements for a pulsar navigation system and arrived at a positioning accuracy of no better than 1000 kilometers. ESA is working within near-term hardware constraints and discusses ways of enhancing accuracy, but the report does point out the huge and perhaps prohibitive weight demands these solutions will make upon designers.

Weight demands might not be as much a concern as Paul and others speculate, if probe builders use the proposed nanotechnology previously written about on his site. And using Nature in all her glory isn’t so far-fetched as it seems!

Millisecond Pulsars For Starship Navigation 

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Are UFOs and associated phenomena really supernatural angels and demons fighting over the immortal souls of human beings?

Dave Biedny and Gene Steinberg during this past Sunday’s Paracast (5/31/09) interviewed Christian UFO researcher L.A. Marzulli to find the answer to that question.

I don’t think Marzulli convinced them, but tune in and find out for yourselves!

Marzulli Interview – 5/31/09

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Sir, can you spare $770 billion?

Mr Geithner is on his first official visit to China, the biggest foreign investor in US treasury bonds.

Ahead of meetings with President Hu Jintao and Premier Wen Jiabao, he said the US and China must work together to fix the global economic system.

Mr Geithner said the US would move swiftly to get its debt under control.

In a speech at Beijing University at the start of his two-day visit, Mr Geithner reassured his Chinese hosts that they need not worry about the estimated $770bn (£475bn) they have invested in US treasuries, a class of US government debt.

“Chinese financial assets are very safe,” he said, drawing laughter from the audience.

Ha-hahaha, hehehehehe, hohohoho, it is to laugh!

Ask these folks how funny things are:

tentcity.60209

Tent Cities In America

Geithner Assures China Investors

Thanks to Piglipstick !

Tucker’s 2009 Bilderberg Report: Update 1

From American Free Press:

Bilderberg found President Obama a Willing Wilkie at its June, 2008 meeting in Chantilly, Va. near Washington. They were reassured when he chose their boy, Harold Koh, a strong advocate of the U.S. accepting the ICC, as the State Department’s top lawyer.

In the Penn State Law Review, Koh wrote sneeringly of “nationalists” who oppose surrendering sovereignty to international institutions, including the ICC. He praised the “transnationalist faction” on the Supreme Court and the wisdom of the jurists for their rejection of the “nationalist faction.”

[…]

“Generally speaking, the transnationalists tend to emphasize the interdependence between the United States and the rest of the world, while the nationalists tend instead to focus more on preserving American autonomy,” Koh wrote. “The transnationalists believe in and promote the blending of international and domestic law, while nationalists continue to maintain a rigid separation of domestic from foreign law.”

The “transnationalists view domestic courts as having a critical role to play in domesticating international law into U.S. law, while nationalists argue instead that only the political branches can internalize international law,”

Koh wrote. “Transnationalists believe that U.S. courts could and should use their interpretive powers to promote the development of a global legal system, while the nationalists tend to claim that U.S. courts should limit their attention to the development of a national system.”

The development of a more international interpretation of law is a step toward a world court, but let’s take this a step at a time, shall we.

I don’t think people would take such a dim view of internationalism as they do now if they had a say in what goes on. Our supposed “representatives” are firmly in the back pockets of international mega-corporations who historically have held a dim view of human rights dating back to the First Gilded Age. The international governing system in place now is not United Nations “socialism”, for what little that’s worth, despite what misinformed people say. The global system in place currently resembles Mussolini’s “corporate fascism” and it is very effective in funneling the world’s hard material currency to the top 5% of the already wealthiest families and individuals.

Now some folks like Bill and Melinda Gates who practice philantropy have indeed scattered some of their money throughout the world in worthy causes, but nothing like the wealth that still enters their coffers, so they’re still ahead of the game.

But at least they make the attempt. Or make it look good anyway. Others are blatant in their contempt of the human race.

Ordinary people are noticing this world governace more and more every day, mainly through the efforts of individuals like Tucker and Estulin via the Internet.

And the people see that they have very little to gain by an international system that they have no say in and is bleeding them dry daily.

It’s no wonder the Bilderberg Group hide what they do. If the ideas they propose are detrimental to most of the world’s inhabitants, they need to be exposed and exposed now!

There’s a lot of people who think this is just a conspiracy-whacko-tinfoil hat-wearing bunch of crap and it can be blown out of proportion at times. And the Bilderbergs aren’t totally united in their agendas, there are factions who disagree with each other vehemently.

But take the time to look around you sometime and count the number of international corporations there are (and financial institutions especially) and study what they do and where they invest your money (if you have any at all!).

Is it whacko conspiracy theory?

Bilderberg Agenda Exposed

Update

Read this excellent article by Andrew G. Marshall of GlobalReasearch.ca:

Bilderberg’s Plan in Action?

 

Reorganizing the Federal Reserve

 

Following the Bilderberg meeting, there were several interesting announcements made by key participants, specifically in regards to reorganizing the Federal Reserve. On May 21, it was reported that US Treasury Secretary Timothy Geithner “is believed to be leaning heavily towards giving the Federal Reserve a central role in future regulation,” and “it is understood that the Fed would take on some of the work currently undertaken by the US Securities and Exchange Commission.”[11]

On Wednesday, May 20, Geithner spoke before the Senate Banking Committee, at which he stated that, “there are important indications that our financial system is starting to heal.” In regards to regulating the financial system, Geithner stated that, “we must ensure that international rules for financial regulation are consistent with the high standards we will be implementing in the United States.”[12]

[..]

Bloomberg reported that, “The Obama administration may call for stripping the Securities and Exchange Commission of some of its powers under a regulatory reorganization,” and that, “The proposal, still being drafted, is likely to give the Federal Reserve more authority to supervise financial firms deemed too big to fail. The Fed may inherit some SEC functions, with others going to other agencies.” Interestingly, “SEC Chairman Mary Schapiro’s agency has been mostly absent from negotiations within the administration on the regulatory overhaul, and she has expressed frustration about not being consulted.”

It was reported that “Treasury Secretary Timothy Geithner was set to discuss proposals to change financial regulations last night at a dinner with National Economic Council Director Lawrence Summers [who was also present at Bilderberg], former Fed Chairman Paul Volcker [also at Bilderberg], ex-SEC Chairman Arthur Levitt and Elizabeth Warren, the Harvard University law professor who heads the congressional watchdog group for the $700 billion Troubled Asset Relief Program.”[13] The Federal Reserve is a privately owned central bank, owned by its shareholders, consisting of the major banks the make up each regional Fed bank (the largest of which is JP Morgan Chase and the Federal Reserve Bank of New York). This plan would essentially give a privately owned bank, which has governmental authority, the ability to regulate the banks that own it. It’s the equivalent of getting a Colonel to guard a General to whom he is directly answerable. Talk about the fox guarding the hen house. It is literally granting ownership over the financial regulator to the banks being regulated.

The Bilderberg Plan For 2009: Remaking the Global Political Economy

Optimism despite the coming Panopticon

As the world plunges further into economic chaos and war being brought about by the world’s elites (few of which actually realizing they shot themselves in the foot), scientific endeavors funded by tax dollars have either reached a rather dystopian turn, or have gone to research that encourage an inward turning of human interests.

But there are still people who dream of an interstellar future for mankind and Paul Gilster is one of them.

In yesterday’s post on his Centauri Dreams site, the dream of finding planets around our closest interstellar neighbor, Alpha Centauri, still is on the front burner and not about to be snuffed out yet:

Finding Earth-like planets around any star would be a stunning feat, and either Kepler or CoRoT may deliver such news before too long. But how much more exciting still if we find a planet like this around a star as close as Centauri B? After all, the Centauri stars are our closest stellar neighbors, close enough (a mere 40 trillion kilometers!) to conjure up the possibility of a robotic mission there and, if we play our propulsion cards right in the future, perhaps a manned trip as well.

[…]

Gregory Laughlin (UC-Santa Cruz), on the other hand, armed with a planet hunter’s insights, a passion for the Centauri system, and a realization that patience could tease out faint signals like these, traded ideas with Debra Fischer (San Francisco State) on the possibility of devoting years to an Alpha Centauri search. Fischer is now hard at work, using a telescope at the Cerro Tololo Inter-American Observatory (CTIO) in Chile. She works with a decommissioned spectrometer and other vintage equipment. Call it ‘Alpha Centauri on the cheap.’

On the cheap indeed, most money tied up in astronomical research is done either in NASA, DARPA, Pentagon with a little thrown toward Seth Shostak’s way.

It may take promising early data to get even this modest setup funded after National Science Foundation funds run out in November, but we’ll take the funding problem one step at a time. For now, the precision work continues, with software Fischer herself coded being used to filter out distortions of weather, instrumentation and stellar activity on the target stars to hunt for the minute shifts in wavelength that could signal the breakthrough discovery. If she pulls this off, Fischer’s patience may become legendary.

This is the only good thing about the advanced programming being developed by Microsoft and Google, the ability to clean out distortions made by the atmospheric glare, pollution, dust and lights from cities.

Actually, Microsoft and the Google-Plex are writing these programs to enhance their own new telescopes they are building for Google-Moon and Google-Mars in order to sell more realistic VR tourist jaunts to folks sitting in their Panopticon/Matrix prisons, er…living rooms.

Alright, maybe that’s a little paranoid. But with most of our tax money going to the Pentagon, DARPA and the growing domestic “spy on the public because there’s terrorists there” industry, I think we all should be a little paranoid.

It’s shaping up to be that if we’re going to the stars, it just might be folks like Branson and Musk pushing the envelope because there’s money to be made.

Very Heinlein-like.

And if I remember right, most of Heinlein’s characters hated the government snooping in their privacy.

The Hunt for Centauri Planets

The Yale Law Journal – Escape Into the Panopticon: Virtual Worlds and the Surveillance Society

Download a new telescope

FBI “Going Dark” Program to add $234M in new surveillance technology

More 2009 Bilderberg Meeting Updates

From Bilderberg investigative journalist Daniel Estulin:

Investigative journalist Daniel Estulin, whose information from inside Bilderberg has routinely proven accurate, states that the global elite’s plan to completely destroy the economy and ultimately lower global population by two thirds has stoked fears even within Bilderberg itself that the fallout from such chaos could ultimately result in the globalists losing their control over the world.

In a telephone interview, Estulin re-iterated his original points about Bilderberg’s 2009 agenda, which were released in a pre-meeting booklet to members. These include the notion that investors, whipped up into a false state of euphoria by the belief that the economy is recovering, are being suckered into ploughing their money back into the system as a set up for “massive losses and searing financial pain in the months ahead” as the stock market reverses its uptrend and plummets to new lows.

One of Bilderberg’s main topics of conversation at this year’s meeting was whether to oversee a long period of economic stagnation or to quickly sink the economy with a rapid depression.

Estulin called the “bank stress tests” recently conducted as being “little more than a shameless hoax based on the irrational assumption that the economy wont get as bad as it already is.”

[…]

One of Bilderberg’s primary concerns according to Estulin is the danger that their zeal to reshape the world by engineering chaos in order to implement their long term agenda could cause the situation to spiral out of control and eventually lead to a scenario where Bilderberg and the global elite in general are overwhelmed by events and end up losing their control over the planet.

[…]

Estulin said that such a massive crisis would bring many unknowns that “Scare and frighten some of the more savvy members of the Bilderberg inner circle who are wondering how far they have actually gone not only to destroy the world but perhaps even destroy themselves,” adding that this subject was a topic of conversation at this year’s meeting.

I wondered how long this would go on before some of the more intelligent inbreds (I know, an oxymoron) figured out that continually bleeding the victim would cause death, and thus their own. Even the dumbest of predators know this.

Speaking of predators, here’s this year’s List . (Most of the list is in Greek, but some of the names are in English and easily recognisable.)

Bilderberg Fears Losing Control in Chaos Plagued World

Recent NWO News

Journalist Jim P. Tucker Jr. reports from the latest Bilderberg Conference:

DISPATCH RECEIVED MAY 14, 9:30 A.M. EDT

Bilderberg luminaries all appeared grim-faced as they stepped from their limos on to the grounds of the Nafsika Astir Palace Hotel in Vouliagmeni, Greece. They arrived from the airport in nearby Athens, escorted by police with sirens blaring. The world economy is at the top of the Bilderberg agenda. Bilderberg will debate how to exploit the global recession and fabrications about “swine flu” to advance its world government goals. Bilderberg’s agenda has expanded, even as public awareness has grown.

Sources within Bilderberg said President Obama will be instructed to make another effort to get the United States to sign on to the International Criminal Court. The ICC treaty, if ratified by the Senate, would be superior to the Constitution, able to overrule Congress and the Supreme Court and impose “world law” on America.

Bilderberg leaders said they understood the effort would have to be handled with “subtle delicacy” because of the Senate’s traditional hostility to joining the ICC.

I don’t think this Senate, or any Senate elected in 2010 will approve joining the ICC.

The country is still way conservative, despite what the GOPers say about the Dems.

FLASH! TROUBLEMAKERS CONVENTION

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Professor Roubini, of New York University’s Stern business school, believes that while such a major change is some way off, the Chinese government is laying the ground for the yuan’s ascendance.Known as “Dr Doom” for his negative stance, Prof Roubini argues that China is better placed than the US to provide a reserve currency for the 21st century because it has a large current account surplus, focused government and few of the economic worries the US faces.

In a column in the New York Times, Prof Roubini warns that with the proposal for a new international reserve currency via the International Monetary Fund, Beijing has already begun to take steps to usurp the greenback.

China will soon want to see the yuan included in the International Monetary Fund’s special drawing rights “basket”, he warns, as well as seeing it “used as a means of payment in bilateral trade.”

Well, China did call for a ‘basket of currencies’ to be the default international money of choice earlier this year because of the declining US economy and dollar.

Could ‘Dr. Doom’ be right?

China’s yuan ‘set to usurp US dollar’ as world’s reserve currency

source

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Land of the “Free”, eh?

A study designed to rank countries in terms of how aggressively they monitor their populations electronically, has placed the US as 6th and the UK as 5th on a global index.

The two countries lag behind only China, North Korea, Belarus and Russia in terms of governmental surveillance.

The report, titled The Electronic Police State, (PDF link) was compiled from information available from different organizations such as the Electronic Privacy Information Center, Reporters Without Borders, Freedom House, the Ludwig von Mises Institute and The Heritage Foundation.

52 countries were rated on 17 criteria with regard to how far down the line they are toward a total electronic police state.

[…]

Here are the 52 states and their rankings:
1. China
2. North Korea
3. Belarus
4. Russia
5. United Kingdom: England & Wales
6. United States of America
7. Singapore
8. Israel
9. France
10.Germany
11.Malaysia
12.Ireland
13.United Kingdom: Scotland
14.Netherlands
15.South Korea
16.Ukraine
17.Belgium
18.Australia
19.Japan
20.New Zealand
21.Austria
22.Norway
23.India
24.Italy
25.Taiwan
26.Denmark
27.Hungary
28.Greece
29.Canada
30.Switzerland
31.Slovenia
32.Poland
33.Finland
34.Sweden
35.Latvia
36.Lithuania
37.Cyprus
38.Malta
39.Estonia
40.Czech Republic
41.Iceland
42.South Africa
43.Spain
44.Portugal
45.Luxembourg
46.Argentina
47.Romania
48.Thailand
49.Bulgaria
50.Brazil
51.Mexico
52.Philippines

Of course, there will be those who willfully deny this is happening, either out of ignorance or just outright lying.

Then you have the ‘if you don’t break the law, you don’t have anything to worry about’ crowd.

They’re either crypto-fascists or clueless.

Probably both.

Police State Study Ranks US As 6th Worst In The World

UFO Round-table and 2009 Bilderberg meeting

The May 10, 2009 episode of Gene Steinberg and David Biedny’s Paracast was a real treat to fans of the show who follow it on a regular basis because it featured Fortean researchers Nick Redfern, Greg Bishop and film maker Paul Kimball, names fans are familiar with.

The discussion ranges from the validity of the MJ-12 documents to why corporate Western media willfully ignores sources of UFO activity in non-Western countries, specifically South America, which by the way, has more reports of the phenomenon than North America.

This is an excellent show you shouldn’t miss!

http://www.podtrac.com/pts/redirect.mp3/media.blubrry.com/paranormal/www.theparacast.com/podcasts/paracast_090510.mp3

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The 2009 Bilderberg meeting to be held in Greece?

Don’t tell anyone, don’t breathe a word, but the world’s most powerful men are meeting secretly again to save the planet from economic catastrophe. Oh, and their address, should you want to send them your opinions, is: c/o Nafsika Astir Palace Hotel, Apollonos Avenue 40, 16671 Vouliagmeni, Greece.

[…]

Each country delegates two people to the steering committee that is the intellectual hub of Bilderberg. In the past Kenneth Clarke, the Shadow Business Secretary, and Martin Taylor, formerly head of Barclays Bank, have had their hand on the British tiller.

[…]

This year the club is going to talk about depression. “According to the pre-meeting booklet sent out to attendees, Bilderberg is looking at two options,” says the Bilderberg-watcher Daniel Estulin — “either a prolonged, agonising depression that dooms the world to decades of stagnation, decline and poverty — or an intense but shorter depression that paves the way for a new sustainable economic world order, with less sovereignty but more efficiency.”

Hmmm…decades of “stagnation, decline and poverty” or an “intense, but shorter depression.”

Boy, caught between the devil and the deep-blue sea here.

Some Bilderberg researchers would say that we’re all headed for poverty anyway, despite what the Builder-burglers do.

Maybe they’ll at least give us some GMO seeds to plant, eh?

Shadowy Bilderberg group meet in Greece – and here’s their address

Hat Tip

Techno-Rapture of the Elites!

Some technologies are so complex and have so many frequent breakthroughs that few people can keep up. Now comes a new nine-week summer program in Silicon Valley for super-smart people. Dubbed Singularity University, its founders hope it will help close the gap in understanding and applying fast-developing technologies to solve what they called “humanity’s grandest challenges.”

The goal of the Singularity school, which will be located at an Ames facility in Sunnyvale, Calif., is to bring together the world’s top graduate and postgraduate students in 10 diverse disciplines, such as biotechnology, nanotechnology, medicine and law. They will spend nine weeks together learning about each others’ disciplines and then focus on …
… finding ways to overcome pressing challenges such as poverty, hunger and pandemics. Technology heavyweights, including Internet pioneer Vint Cerf, are slated to give the lectures.
Applications should be available at Singularity University’s website, which is supposed to go live tonight.

Peter Diamandis, the Santa Monica physician credited with fueling private space rocketry; S. Pete Worden, director of NASA’s Ames Research Center; and futurist Ray Kurzweil are behind the move to form the school. Internet giant Google is a sponsor.

 

I had started a humongous post about the GooglePlex and its link to the Singularity and above individuals noted, but I ran away with myself writing it and it ended up not making any sense.

But I will provide link(s) to a person who has studied the subject extensively, in fact, he’s going to release DVDs concerning it within weeks;

http://ignoranceisfutile.wordpress.com/2008/12/02/darpa-ibm-building-a-global-brain-to-monitor-people/

KurzweilAI & New Scientist are supporting a 30 year old Club of Rome economic forecast

I used to think the Singularity could be a good thing, but I found it’s just another Apocalyptic Religion.

The bad thing here is, this Apocalypse has a good chance of happening!

http://www.redicecreations.com/article.php?id=5766

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Every baby born a decade from now will have its genetic code mapped at birth, the head of the world’s leading genome sequencing company has predicted.
A complete DNA read-out for every newborn will be technically feasible and affordable in less than five years, promising a revolution in healthcare, says Jay Flatley, the chief executive of Illumina.
Only social and legal issues are likely to delay the era of “genome sequences”, or genetic profiles, for all. By 2019 it will have become routine to map infants’ genes when they are born, Dr Flatley told The Times.
This will open a new approach to medicine, by which conditions such as diabetes and heart disease can be predicted and prevented and drugs prescribed more safely and effectively.
The development, however, will raise difficult questions about privacy and access to individuals’ genetic records. Many people may be reluctant to have their genome read, for fear that the results could be used against them by an employer or insurance company.

The prospect of genome screening for all has emerged because of the plummeting cost of the relevant technology.

The Human Genome Project, which published its first rough sequence of mankind’s genetic code in 2001, cost an estimated $4billion (£2.7billion). By the time the scientists James Watson and Craig Venter had their genomes mapped two years ago, the cost had fallen to about $1m (£700,000).

 
Hmmm…2019…the same year the Singularity University plan to have their worldwide AI working.
Notice the name of the company too! (Oh no, there’s no such thing as the Illuminati, is there?)

These guys are fooling themselves into believing that an artificially intelligent GooglePlex will let itself be controlled by genetically perfect “elites”. By its very nature the Singularity is unpredictable and beyond any human comprehension.

I asked IIB about this one time and he said the elites might not even care if they get wiped out along with the rest of us, if the GooglePlex decides to do just that. His impression is that as long as this “child” of humanity survives mankind’s death, so much the better for Mother Gaia.

I know a few people who would go along with that, but I’m not one of them!

http://www.redicecreations.com/article.php?id=5751

Hat tip to Red Ice Creations today!

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Had Enough Yet?

How is everyone doing this week? Still have a bank account? Company retirement? 401K? Stocks? Piles of worthless paper?

To be honest, I haven’t had the balls to check my 401K at work, I think the shock would give me a stroke!

Not that it would matter, with my luck a stroke wouldn’t kill me outright, just paralyze me. And with the US Government printing presses running 24/7 to make enough Monopoly money in order to “bail out” banks and financial institutions, the idea that Social Security will be funded when the Japanese and Chinese start calling in their markers is just ludicrous.

So begging for alms looks like a real possibility for poor, disabled folk in the near future.

Great, isn’t it?

Very real possibility. But, if we keep printing funny money non-stop to keep Wall Street consolidating into ever larger and larger monstrosities, the world might not allow us to drop forever into the blackhole sewer, because we would either start WWIII, or drag the rest of the planet down the economic crapper with us according to Benjamin Fulford in this article.

And because the theory of “decoupling” ( disentanglement from various economies ) is proving to be so much bullshit as the UK and China start to experience the “pain” of the US with its over-inflated values of property and bogus fiat paper floating all over the planet:

Even in the case where the direct effect is small — the decoupling assumption — the U.S. slowdown still can have a substantial net impact on European exports because of its indirect effect on Asian imports from Europe.

So Europeans should not be tempted to think that they are somehow “decoupled” from America’s foibles and woes. Until recently, many Europeans thought they were insulated from the current U.S. housing and mortgage crisis. But in what has been a truly malignant “export” from America to Europe, the U.S. created “garbage debt” in the form of sub-prime mortgages, and Europeans — hungry for extra yield, and as reckless as Americans — bought it. Many European banks’ balance sheets are now as contaminated as those of American banks, and no one is sure who is holding — or hiding — the junk, and how to value it.

This is why European banks are now reluctant to lend to each other. They could be lending to an institution that is in serious financial trouble.

It is hard to imagine that higher interest rates and reduced credit availability will not lead to distress for Europe’s overall economy. Yet this is exactly the stance of the European Central Bank, which is treating the euro zone as if its financial sector was somehow decoupled from the rest of the economy — and running a different monetary policy for each sector at the same time.

By pumping in whatever liquidity the financial sector needs to alleviate the credit crunch, the ECB is effectively maintaining a deflationary bias for the financial sector, whereas it has announced an inflationary bias for the rest of the economy.

A monetary policy at war with itself cannot long endure…

( link )

Which is exactly what happened in the Eurozone these past two weeks as word of impending financial insolvency of Freddie Mac/Fannie Mae became apparent and word of Lehman Brother’s bankruptcy got around, all of Europe’s markets panicked, not just one or two. As soon as they got word the US government were either directly bailing out or loaning money to these places, the panic eased some.

And so it happened once again this week shortly after Lehman Brothers, AIG started to go belly-up. Thus, the Federal printing presses are cranking up full speed to loan Monopoly money to AIG.

So what can we take from all of this?

1.) Washington ’s Three Stooges:

Greenspan and Bernanke have not been alone in what will surely be remembered as America ’s Financial Apocalypse – the eventful period ushering in a decade-long depression, as predicted in my 2006 book by the same title. Certainly, President Bush did not create these trends. But his financial irresponsibility has accelerated their magnitude. In less than eight years, he has managed to increase the national debt by 90%. As the data shows, not only has he led the worst recovery since the post-WWII era, he has also positioned his successor with budget shortfalls for many years to come due to Part D Medicare, the Iraq War, and his tax cuts for the wealthy.

Combined with the staggering deficits for Medicare and Social Security , America ’s economy will be in the gutter for many years to come even after the banking and real estate troubles cool down. No one else is talking about these issues because they’re wrapped up in the daily drama. But save this article and others I’ve written because I’ve been mentioning the longer-term problems ever since writing my book. In a few years, more people will begin to address these issues once they are transformed into daily drama.

2.) President Bush’s attempts at a recovery:

…have been so horrendous they’ve actually led to the current recession, which will turn out to be the worst in decades. I would venture to guess he is desperately pleading with officials to come up with even more gimmicks to hide the full realities of the economy so the worst will be reported only after he leaves office. But I will guarantee you if Washington and the Fed continue this reckless game of applying band aids instead of letting things play out, we will see a much bigger crisis down the road, similar to what happened after Greenspan tried to mitigate the dotcom collapse. You can bet this is going to happen because Washington does not understand the meaning of preemption.

Altogether, we have had eight years of no gains in real median wages, flat stock market returns, and minimal net new jobs. Despite what you have heard, after adjusting for debt spending, population growth and realistic adjustments to the GDP deflator, there have only been 3 or 4 quarters of GDP growth since 2005. If you adjust for military, government and minimum wage positions – i.e. jobs funded by tax payers and jobs that don’t pay anything – there have been absolutely no net new jobs. Bush’s largest gains have been with inflation, oil and food prices, debt, trade deficits, bankruptcies, foreclosures, and healthcare costs. If an assembly of the world’s leading economic strategists were to design the most destructive economic disaster possible, they could not match the results of Bush’s tenure. Even the most loyal Bush supporters will admit he has been an absolute disaster – that is if they’re being honest. America is now more dependent on foreign nations than ever – not only for oil, but also credit and manufactured goods.

3.) America ’s “Resilient” Economy:

Many of the pundits flood the propaganda networks with repeated denials of the problems, boasting how resilient the U.S. economy is. You know who they are. I’m not quite sure what they’ve been smoking. But it appears to be some sort of hallucinogen because they seem to expect Superman to bend the economy back into shape. Ladies and Gentlemen, in case mommy never told you, there is no Santa Claus and there is no Superman. And if you think Bernanke’s printing presses have an endless supply of ink and paper, just wait until the real crisis appears. So you had better get ready because it’s coming. It is virtually inescapable. And it’s going to cause devastation around the globe. Of course I’m taking about the likely implosion of the CDS market.

Let’s take a look at America ’s “resilient economy.” Let’s see…the entire financial system is in the process of blowing up. Already there have been over $500 billion in bank losses, with over $1 trillion more to come. Over one dozen banks have failed, with hundreds on deck. A handful of large hedge funds have blown up, with hundreds more on the way. Already, over $1 trillion has been transferred from the Fed to the banking cartel. But I estimate another $1.5 trillion will be needed to maintain liquidity as banks de-leverage over the next few years. Unemployment is now over 6% and inflation is over 5%, even with Washington ’s manipulation of the data. Virtually every metric in the housing market is at multi-decade lows, except for foreclosures which are hitting new highs.

Taxpayers are now on the hook for billions of dollars of potentially worthless debt held by Fannie and Freddie. It’s now official. America ’s free market economy is really a socialist system for corporations. One could argue this to be a form of Fascism. My best estimate for losses due to the Fannie and Freddie taxpayer bailout are between $200 to $500 billion. The worst case scenario would be $800 billion. If this economy is resilient, I can’t wait to see how it magically bounces back. When Superman fails to show up, Washington might consider giving David Copperfield a call. But this would be one illusion he won’t be able to pull off. Get the popcorn ready.

( link to full story )

So there you have it. Ain’t too pretty, is it?

I think this is going too fast for the Builderburglers to keep up with, the victim…er…patient has severed an artery instead of a vein and it’s in danger of bleeding to death.

And guess what, China wasn’t ready enough yet to take the reins of world economic super-power.

Too bad, so sad as Highwayman is wont to say.

So you say you don’t believe there’s an NWO, Bilderberger, Trilateral Commission or Council of Foreign Relations or any form of shadow government running anything? That’s your right I suppose.

But unless you’re a billionaire or work for the oil companies and the military-industrial-congressional complex, you’re resigned to a pretty shitty life for the coming decade if you didn’t prepare right.

Had enough yet?

The Fed Takeover of Freddie-Mac/Fannie Mae: Did Benjamin Fulford Know This Before It Happened?

The US federal government take-over/nationalization of the mortage giants Freddie Mac/Fannie Mae over the weekend was not a big surprise to government people and insider world financiers. The world stock markets breathed a temporary sigh of relief this morning as the markets in Asia and the EU opened; The US economy, still the largest on Earth was not going to tank and take the rest of the planet with it, not today anyway:

World stock markets soared Monday after Washington announced a bailout of mortgage giants Fannie Mae and Freddie Mac — a move that could help bolster a shaky U.S. housing market and renew global investor confidence.

By afternoon in Europe, Germany’s DAX jumped 3.45 percent to 6,338.89 and France’s CAC 40 climbed 4.83 percent to 4,399.55.

Trading on the London Stock Exchange, Europe’s oldest independent exchange, was halted in the morning because of a computer fault but Britain’s FTSE 100 had risen 3.81 percent to 5,440.20 shortly after 9:00 a.m. local time (0800 GMT), and remained at that level midmorning.

“It was a very broad rally,” said Lawrence Peterman, investment director at Eden Financial in London. “All the banks are up strongly on the back of the U.S. news at the weekend.”

Shares in HSBC Holdings Plc, Europe’s largest bank by market value, advanced 5 percent. HBOS Plc, one of Britain’s biggest mortgage lenders, rose 12.98 percent, and Barclays Plc, the country’s third largest bank, 11.90 percent.

Over in Asia, Japan’s benchmark Nikkei 225 index surged 3.4 percent to 12,624.46, while Hong Kong’s Hang Seng index advanced 4.3 percent to 20,794.27. Seoul’s Kospi rose 5.2 percent.

Ordinary folks had no idea this was going to happen, even tinfoil hat wackos like me.

Until Saturday when I was surfing the ‘Tubeways and checked out the Project Camelot site anyway.

Now Project Camelot collects all kinds of esoterica, NWO and UFO stuff all of the time and Bill Ryan and Kerry Cassidy interview various people who have inside knowledge of these subjects.

One of these people, Benjamin Fulford, is a regular there and is a person I have flamed in the past for being a possible NWO disinformation agent. Mainly because of the fantastic claims he has promised and failed to come through on.

The guy has an impressive resume though and you can read some of it here. He also has a Wikipedia entry if one is inclined to believe Wiki posts.

The point I’m getting to here is that Cassidy/Ryan post that during an abbreviated phone interview with Fulford on September 4th, he refers to September 8th, 2008 as a date when something very important is going to occur:

We had a telephone interview scheduled yesterday with Benjamin Fulford which was unexpectedly canceled at the last minute. It appears he’s very concerned over the latest turns of events, and would only say that we should be aware of 8 September. We know nothing more than this, other than he stressed that things are constantly changing.

Two weeks previously he publicly stated that he had learned from his own sources that 30 September would be important, being the end of the US Fiscal Year. It was then, he had been told, when US bankruptcy could be announced, with various complex major consequences.

Could he be referring to the FMac/FMae take-over? This is vague at best, but Fulford is an economist by trade, supposed NWO fighter by choice. Could he have foreknowledge of this?

As you can see by the above excerpt, the Japanese market sky-rocketed and the dollar is propped up further by this development.

Fulford also has an article explaining why the US Government is trying to pick a fight with Russia, and it concerns the end of the US fiscal year ( September 30th ):

The US war-mongering and talk of World War 3 is nothing more than a desperate negotiation tactic aimed at staving off US bankruptcy, according to two sources affiliated with US intelligence agencies. The Bank for International Settlements has demanded that the Bush/Nazi cabal that has taken control of the US pay back trillions of dollars they stole from the rest of the world by September 30th, the sources say. The money was stolen during the Reagan presidency by George Bush senior to finance the collapse of the Soviet Union. This money must now be returned to its rightful owners,  the sources say. As the deadline approaches, the cabal has threatened to impose martial law on the US and launch World War 3 unless they are given a reprieve.

Hmmm, won’t the sheeple be surprised after Monday Night Football, eh?

Gas rationing, food rationing, heating fuel rationing, round-ups of people of Middle East descent, searches, jailings, progroms. 

Not to mention radiation from Russian and Chinese nukes lighting up the Northern Hemisphere like a billion Christmas trees.

And where do you think Bu$hco, Cheneyburton, Sweet Candy, the neo-cornholers, the Rockefellers and most exclusively, the Rothschilds are going to be?

Not enjoying the light-show outside, you can bet your ass on that!

But is that scenario going to play out? Are we going to dodge a very large bullet?

Stay tuned!

US war-mongering in Georgia; A Negotiation Tactic as Bankruptcy Looms

Freddie Mac/Fannie Mae Takeover

Project Camelot ( Fulford links are on main page )

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