Showing posts with label sovereign debt crisis. Show all posts
Showing posts with label sovereign debt crisis. Show all posts

Monday, November 29, 2010

Fire the Banksters!

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It's high time for the 'money changers' to find new work. Banksters have surreptitiously looted the fruits of man's labor for long enough and while they might think the power to mint money and create credit is the power to author human history, there is only One true Author to whom ALL are accountable.

I find noteworthy that the most popular current comment on the following video is:

Dedicated to Ireland who entered the International Monetary Fund ..

Keep a firm grip ..

Greetings from GREECE ..

Now watch and listen:


For the Lamb at the center of the throne will be their shepherd; ‘he will lead them to springs of living water.’ ‘And God will wipe away every tear from their eyes.’ [Revelation 7:13-17]


The Irish are a God-loving, God-fearing, free people. To try and further enslave them with debt is just plain poppycock!

Ireland's international bailout boosted its bank stocks Monday but outraged many hard-pressed taxpayers, who questioned why the government's pension reserves must be ravaged as part of a deal that burdens the whole country with the mistakes of a rich elite.



100 years ago this month the 'money changers' met on Jekyll Island and forged the hidden foundation of their dominance over the course of America, an human civilization in general, for personal gain using the power of credit creation:





Just days after the Federal Reserve will announce it has launched QE2, the Fed will hold a major conference at Jekyll Island, celebrating the secret meeting held 100 years ago that resulted in the creation of the Fed. [MORE]


This has served them well for a century, but the time has come to hand these usurpers of God's Creation their pink slips.

What do I mean by this? Think of it like this.

In the beginning, at the Moment of Creation, the now so mislabeled "Big Bang", there was pure energy. Per the first law of thermodynamics that energy has neither been created nor destroyed since the beginning....it has only been transformed. How is the course of energy transformation directed in our world? Well....we do it everyday. After all, human beings are energy forms that choose the course of future change. But what influences our transformational choices? In the modern age, MONEY is obviously key, hence Lloyd Blankfein's comment about doing "God's work".

Those who "make money" and credit are directing the course of historical change in a critical way. After all, they effectively control everyone's future income at virtually no expense to themselves via the magic of fractional reserve banking and credit creation, and all must follow accordingly! Keep in mind that when you use credit you are effectively pulling future income forward via a bank intermediary that charges interest and lays ultimate claim to purchased assets in the event of default. For this privileged power over future income and national wealth banks produce nothing but accounting entries. What's more, big banks which account for most of the industry are effectively no longer exposed to risk given their failsafe-backing from taxpayers through our hijacked governments. The problem is this organized crime syndicate, this den of thieves, is misleading Western Civilization into Evil and what's tantamount to collective suicide.

So what's the solution? I dare say that's why God created me, i.e., to deliver manKIND from Evil. The banksters need to be fired and the power to create money returned to We The People where it belongs.

Hey....but I'm crazy, right?

To the contrary, it is this world that's gone completely insane and is dangerously out of touch with 'reality'.

Stop serving money and the masters thereof and turn to God or there'll be no hope at all.

"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson

Saturday, January 30, 2010

Is That Euro-Pop? - Bubble Ben Bernanke & Central Banks Might Have Done It Again...

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So in recent weeks the U.S. dollar has been headed higher:


The value of the dollar has become inversely correlated with the movement of prices in all other asset classes over the past few years:


Why?

Because central bank authorities like Bubble Ben Bernanke have, in their arrogant ignorance of markets, turned the global financial system into a Ponzi scheme where big banks and their proxy hedge funds use highly-leveraged derivatives to engage in carry trades that, for a time, bring in big paper profits so that Wall Street robber barons can pocket their billions in bonuses. It's all fine and good until the carry trade unwinds because of unforeseen risks that undermine all the digitized risk-taking that fed the uptrend. When that happens, the bottom falls out, This is generally what played out in 2008 and is now playing out again as the next shoe drops, i.e., a sovereign debt crisis.

Ambrose Evans-Pritchard is tracking a developing Eurozone crisis caused by the irresponsible fiscal habits of countries like Greece and Spain. This is reaping havoc on the value of the Euro and thus causing the value of the dollar to rise. This, in turn, is causing asset prices, like oil, gold and equity prices, to fall. The emerging trend could easily get out of control leading to another crash in values thanks, in part, to the mismanagement of financial affairs by the world's central banks that continue to rely on dangerously misleading theories of economics and finance that were geared to rationalize greed rather than deal with the hazards of human nature.

What is noteworthy is that theories which do deal with historical financial market patterns caused by "animal spirits" have been projecting the developing collapse in asset values. As tracked in this blog, Robert Prechter has been warning in recent weeks (see video below) that the uptrend in asset prices since last March was coming to an end and a new large-scale downtrend was about to ensue associated with a rising dollar.

Also followed in this blog is that these fluctuations in mass emotion are in tune with astroharmonics, and the lunar cycle in particularly. Why do you think Arch Crawford, a financial astrologer, is Hurlbert Digest's Market Timer of the Year over and over again?:





On this score, we are potentially at a very important juncture since, as I blogged about a few days ago, we are currently in a Puetz eclipse crash window. Accordingly, a major financial panic might unfold next week with the DJIA failing at the psychologically important 10,000 mark.

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