What is going on?
No answer from officials in institutions.
“now we are in the hands of ‘barbarians.’ They have no idea of how our society came to be, and what is necessary to keep it going. They are fiddling with the controls: You might think of a monkey flying a 747 (airplane) — they don’t have any idea what they are doing.” – Billionaire Hugo Salinas Price
- Some bankers have hinted that September 1, 2013 is an important date.
- Pope issues decree to take effect September 1, 2013.
- High profile officials plan to leave their posts prior to September 1, 2013.
- Global economy has not improved from the 2008 financial crisis, that is 6 years of recession.
- There are (over) one quadrillion dollars of derivatives and most of them are related to interest rates. The spiking of interest rates may set off a global chain of institutional bankruptcies. Fraud and Market manipulation (rigging) is systemic.
- Aug 13 2012 Exclusive: U.S. banks told to make plans for preventing collapse (we shared those news reports revealing)
U.S. regulators directed five of the country’s biggest banks, including Bank of America Corp and Goldman Sachs Group Inc, Citigroup Inc, Morgan Stanley and JPMorgan Chase & Co to develop plans for staving off collapse if they faced serious problems, emphasizing that the banks could not count on government help.
The, now, 3 year-old program, which has been largely secret, is in addition to the “living wills” the banks crafted to help regulators dismantle them if they actually do fail. This shows that regulators are concerned that banks could experience the worse case scenarios and must have plans for worst-case scenarios to act in coordinated and preplanned fashion in times of distress. They all have a financial policy-script to follow.
- We are aware of past scripts to maintain control or transfer of wealth and control:
via Wars, Political Assassinations, asset confiscations, etc. thus we are not surprised at Afghanistan, Iraq, Libya Wars and we see the campaigns for more wars. We expect more financial crisis to tighten the controls into fewer and wealthier hands. Gold & Silver accumulation is part of this jockeying by wealthy entities.
- Aug 2, 2013 HSBC’s decision to sack embassies as customers has caused chaos, because other banks have also refused to take the embassies business. This is evidently a new policy change.
The “official” national debt has been the same for more than 70 days. How is that possible, considering the national debt climbs about a million dollars a minute?
According to CNSNews.com, which has analyzed the ongoing U.S. Treasury debt data, the federal debt has been stuck at exactly $16,699,396,000,000.00 for more 70 days, as of July 29, 2013 That’s about $25 million below the congressionally authorized legal limit of $16,699,421,095,673.60:
The portion of the federal debt subject to the legal limit set by Congress first hit $16,699,396,000,000.00 at the close of business on May 17. At the close of every business day since then, it has also been $16,699,396,000,000.00, according to the official accounting published by the Treasury Department.
If the debt had increased by a penny more at any time during that period, it would have exceeded the statutory limit and would have become a violation of the law. Treasury says that hasn’t happened, however – despite the fact that, as of this writing, USDebtClock.org has the nation’s debt at well above that statutory limit (in excess of $16.884 trillion)… Meanwhile the Treasury continues to issue Bonds and that ballooning debt is being kept by whom?
- Terror warnings issued by the State, alarming people of possible attacks mere weeks prior to September 2013.
- Russia is at full military readiness and practicing war drills.
Putin suggests that war may be necessary to stop Monsanto’s GMO warfare.
U.S. citizen, Snowden whistleblower, accepts political asylum protection in Russia.
- The United States plans to hold a major military exercise called Bright Star in Egypt in mid-September.
The U.S. continues to finance, arm, and train terrorists to attack Syria
- New rumors emerge about the Dinar’s currency exchange and valuation.
- Queries to bank regulatory agencies regarding stock ownership in the top 25 US bank holding companies were given Freedom of Information Act status, before being denied on “national security” grounds. This is rather ironic, since many of the bank’s stockholders reside in Europe.
- Keep watch on the 8 houses of the Federal Reserve System (Bank of America, JP Morgan Chase, Citigroup and Wells Fargo, Exxon Mobil, Royal Dutch/Shell, BP, and Chevron Texaco) and other Major players such as: Deutsche Bank, BNP, Barclays, Vatican bank, HSBC, and Goldman Sachs.
- NOTE: One important repository for the wealth of the global oligarchy that owns these bank holding companies is US Trust Corporation – founded in 1853 and now owned by Bank of America. A recent US Trust Corporate Director and Honorary Trustee was Walter Rothschild. Other directors included Daniel Davison of JP Morgan Chase, Richard Tucker of Exxon Mobil, Daniel Roberts of Citigroup and Marshall Schwartz of Morgan Stanley.
- NOTE: SIFI list identifies the Too Big To Fail institutions with new policy changes following the 2009 “Bail-outs” that implement procedures for “Bail-ins”, and Cyprus was the first test case.
- What follows is not new news because this is old news that was rejected by corporate controlled media and indoctrinated people for many years. But on August 2, 2013 KWN reported Billionaire Hugo Salinas Price said: “Elites Plan to Control the World”. Why express this now? He described the people planning this as “barbarians,” and said, “this is not going to end well.” He also issued this ominous warning, “I have very serious doubts about the survival of our civilization under such people.” –kingworldnews.com
Click on above mp3 file to hear Chris Powell, GATA Secretary/Treasurer and Director
MAJOR Financial EVENTS:
(June 2013? Month Prior to MF Global’s Suit)
EU regulators charged 13 banks and 2 financial data companies with antitrust violations.
Possibly those 15 financial entities blocked rival exchanges in the Credit Derivatives business between the years 2006 – 2009.
As a “CARTEL” they colluded to effectively monopolize/manipulate the Credit Derivatives industry.
MF GLOBAL SUES entities for restricting competition in the $25 trillion Credit Default Swaps (CDS) Market
Location of the court is in Northern Illinois‘ DISTRICT COURT. This is a BIG event!
1 Bank of AMERICA
3 BNP Paribas
5 Credit Suisse
6 Deutsche Bank
7 Goldman Sachs
10 Morgan Stanley
11 The Royal Bank of Scotland
13 Markit (major CDS price provider/owner of benchmark CDS indexes)
14 International Swaps & Derivatives Assoc. (ISDA trade group owns licenses)
*Speaking about FINANCE: Give focused attention on implementation of Basel III and how the federal regulatory agencies have adopted the new regulatory capital rules regarding the implementation of Basel III and lobbying efforts by powerful entities…
Basel III codifies the various regulatory capital rules applicable to financial institutions.
Last Updated: Aug 7, 2013