“No-one saw this coming.” Balderdash!
Will the talking heads, the paid actors and actresses known as news anchors and reporters try to convince their viewers that “No-one saw this crisis coming.”? Again?
I recall my frustration back in 2008 and 2009 when all the news media, officials, and financial analysts were saying “No one saw this coming.”
Sadly most of the public was buying that “hook, line, and sinker”!
The public swallowed the official excuse hook, line, and sinker.
I recall Bernanke stating for the cameras there is no housing bubble…
I recall reading Alan Greenspan said “No one saw this coming.”
The new “Cold War” with Russia – again the mantra is “No one saw this coming.”
Cyprus “Bail Ins” was a test case for the new G-SIFI banking policies, and again the media and officials said “No one saw this coming.”
The Loan Sharks are on the Hunt
Today, most nations are struggling to revive their national economic growth amid a Sovereign Debt Crisis.
That Sovereign Debt Crisis has persisted from 2008 till today, a 7 year long crisis.
The governments face institutional investment risk in a artificial market manipulated by technocrats and vulture funds where the truth is hidden, deception is rampant, and wealth transfer/scams are perpetrated…
A privileged few have access to vast sums of near zero interest financial paper (digital money) hunting for interest bearing revenue and if there is a default they would gladly seek to capture the hard assets (farms, airports, shipping ports, toll roads, utility plants, and other hard assets), that is a rigged system with loan sharks at the helm.
I recall listening to Carmen Segarra (bank examiner), former U.S. N.Y. Federal Reserve -appointed regulator of Goldman Sachs, who recorded 46 hours of audio that has apologists spinning it as “legal but shady.”
I recall investigative journalist Greg Palast documenting the shady activities of New York Banks and Wall Street Banks preying on Argentina and much more.
I recall watching a academic meeting where PhD. Jeffrey Sachs labelled the banking sector a industry of criminality, in his rant against the Federal Reserve.
“2 year olds get this far better than these executives. You have to be really taught to treat People in this kind of abusive fashion. You need an organization that institutionally trains people from the beginning to behave like beasts towards their customers.” – Bill K. Black
The New Rules Have Gone Into Effect.
None of the systemic problems were solved, the bailouts merely allowed the bankrupt institutions to stay in business, and this is euphemistically called “kicking the can down the road”.
I recall reading Jurgen Stark, a European Central Bank executive (ECB board member), stating that the world’s financial system is “pure fiction”.
I recall listening to PhD. William (Bill) K. Black, – an American lawyer, academic professor, author, and a former bank regulator with expertise in white-collar crime, – explain why the “System is So Flawed That Fraud is Mathematically Guaranteed”!
“The issue which has swept down the centuries and which will have to be fought sooner or later is The People vs. The Banks.” – Lord Acton, Historian, 1834 – 1902
“The poor have sometimes objected to being governed badly; the rich have always objected to being governed at all.” – G. K. Chesterton, 1908
Where justice is denied, where poverty is enforced, where ignorance prevails, and where any one class is made to feel that society is an organized conspiracy to oppress, rob and degrade them, neither persons nor property will be safe. ~Frederick Douglass
There is so much evidence that the criminal system is world wide control; and it is likely to become more despotic.
I wonder if the citizens who trusted the institutions will ever ask themselves why they refused to question and research for themselves, before they are once again told “No one saw this coming.”
Some Will Say ‘No One Saw This Coming’
A Quick Video Review of the Money Masters’ Criminality and System of Control
Prof. Jeffrey Sachs presentation on April 17, 2013
William K. Black at the Public Eye Awards 2013
Bankers Are Not Who You Think They Are
“System is So Flawed That Fraud is Mathematically Guaranteed”
TPP: Fast Track To HELL!
We have discussed documented evidence that government is not what most citizens think it is. Thus it is a necessary reminder for the readers to know that I do not agree with Bill Still as he obviously believes in government and the political party show.
The video is discussed merely to point to the events and activities around the secret trade agreements – TREATIES That destroys Peoples’ freedom –
Video Posted 16 Jun 2015
Central Banks Buy Stocks, Propping up the Markets
One could phrase this as institutional investors have no where to park cash; or you could phrase it as a rigged-controlled-manipulated Market…
“Mystery” Buyer Of Stocks In The First Quarter Has Been Identified
zerohedge.com posted 07 May 2015 http://www.zerohedge.com/news/2015-05-07/mystery-buyer-stocks-first-quarter-has-been-identified
Three days ago, when looking at the unprecedented, record outflows from US equities (coupled with continued inflow into bond funds into what BofA’s Hans Mikkelsen would likely dub the Great Antirotation) we asked a simple question: “who is buying… no really”.
… We now know, because while everyone else, hedge funds included, were dumping stocks in droves, here is what the Swiss National Bank was doing
There’s No B.S. Like The BLS
Posted on May 8, 2015 by The Doc
The BLS used its fictitiously calculated “Birth/Death Model” plug metric to pad today’s report of 223k jobs added in April with 213,000 “fairytale” jobs.
That’s right, 96% of the jobs supposedly added in April were BLS BS…
Submitted by PM Fund Manager Dave Kranzler, Investment Research Dynamics:
The Bureau of Labor Statistics, armed with the highly unreliable Census Bureau employment data sample (you, the Taxpayer pay for the this tragicomedy), released its extraordinarily overanalyzed and extraordinarily useless non-farm payroll report today. According to Bloomberg, the Wall St. brain trust consensus estimate was for 220k jobs “added” to the economy. The “actual” reported number was 223k.
As predicted, the S&P 500 melted up
It’s like the claim that “no one” noticed the 2 prisoners escaping from the maximum security prison in New York.
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The “trusted” institutions are desperate!
Misdirection, deception, sensational headlines, false flags are all used to divert attention away from their new legal agreements, treaties and central bank funded activities…
Greece Dropped The Debt Bomb On The IMF; U.S. Citizens Are Logging Military Activities As Awareness Is Heightened
Video Posted 17 Jun 2015
While Germany and France demand Greek submission over their debt repayment programme, the country’s austerity measures paid to bailout French and German banks, Zoi Konstantopoulou, president of the Hellenic Parliament, stated during her address in Athens, Wednesday.
The House President went on to say that the Truth Commission to Audit the Greek Debt did justice to the Greek people and those who warned that debt programme imposed by the intuitions known as the Troika (IMF, ECB, EU), calling the measures “illegal, illicit, offensive, and in any case, unsustainable.”
Konstantopoulou is the founder of the Truth Commission to Audit the Greek Debt, which aims to unearth the purported violations of democracy and human rights in Greece caused by the forced application of austerity measures by the institutions.
Zoi Konstantopoulou, President of the Hellenic Parliament (Greek): “Germany and France demand Greece’s submission and the repayment of a contested debt. However, they hide the fact that the so-called bailout program didn’t save the Greek people, but French and German banks – and this is one of the indisputable facts which were revealed and documented as part of the preliminary results of the commission.”
SOT, Zoi Konstantopoulou, President of the Hellenic Parliament (Greek): “The preliminary findings of the Truth Commission to Audit Public Febt do full justice to the citizens who disputed the obligation to contribute to repaying this debt. They do full justice to those who, early enough and before the destruction of the memoranda went into full swing, warned that these debts and these loans are not legal. They are illegal, illicit, offensive and, in any case, unsustainable.”
Video posted 17 Jun 2015
Good to see this getting the public attention it deserves.
ECB “Blesses” Greek Bank Runs, Says Unsure If Banks Will Reopen Monday
18 Jun 2015
Just minutes after Greek FinMin Varoufakis warned people were trying to “incite capital flight” from Greece and Dijsselbloem stated that “capital outflows from Greece are worrying,” Reuters is reporting that The ECB dropped the bank run hammer:
ECB TOLD EURO ZONE FINANCE MINISTERS IT WAS NOT SURE IF GREEK BANKS WOULD BE ABLE TO OPEN ON MONDAY- OFFICIALS
Friday sees Russia-Greece meetings and Euro area leaders are supposedly meeting on Monday evening due to the seriousness of the situation so it appears the endgame is looming large one way or another.
The Greeks said this:
*GREEK GOVT SAYS SOME PEOPLE SEEKING TO INCITE CAPITAL FLIGHT
And now we know who: the same ECB staffer who leaked the ECB’s “adjustment” to QE to a select group of hedge funds 10 hours before the news was public: Benoit Couere.
As Reuters reports:
The European Central Bank told a meeting of euro zone finance ministers on Thursday that it was not sure if Greek banks, which have been suffering large daily deposit outflows, would be able to open on Monday, officials with knowledge of the talks said.
The officials said that during the closed-door meeting of the ministers on Greece, the chairman of the meeting Jeroen Dijsselbloem asked European Central Bank Executive Board member Benoit Coeure if Greek banks would be able to open tomorrow.
Coeure answered: “Tomorrow, yes. Monday, I don’t know”
Banking sources said on Thursday that between Monday and Wednesday, Greeks have withdrawn around 2 billion euros from their bank accounts.
EU’s Dijsselbloem added:
“WE ARE PREPARED FOR ALL EVENTUALITIES”
I’m beginning to see a strong likelihood that capitalism itself may collapse in Greece – to be replaced by the self-governing economic structures created by the solidarity movement (and involving 30% of the population).
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That would be an exciting development of community consciousness!
Can you point to some activities and events that indicate “self governing” concepts are a trend catching on in Greece?
I remind everyone that one of the greatest deterrents to personal sovereignty and self governance flourishing are groups with the most deadly weapons willing to use them against individuals exercising personal sovereignty and self governance.
I would refer you to the solidarity4all website http://greecesolidarity.org/?page_id=1112 and the post I did on them earlier in the week: http://stuartjeannebramhall.com/2015/06/17/living-the-revolution/
My post is based on a radio interview their co-founder gave in Seattle about a week ago: http://kexp.org/playlist/2015/06/07/7AM/3000
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Thank you for the links!
Published on Jun 17, 2015
Interview with Christos Giovanopoulos, co-founder of Solidarity 4 All (Greece)
Cities all across the USA Disturbed by Low Flyby
Chemplanes and Choppers and Jets – OH MY!
Posted 17 Jun 2015
Will you stand and be counted or accept the coming police state?
Crrow777 Interviewed By The Best, Greg Carlwood Of THC Fame
Posted 18 Jun 2015
This interview ran 3 hours and this is the first hour.
The remaining interview is available to members of http://thehighersidechats.com/
with Greg Carlwood at the cost of a few bucks a month.
Greg Carlwood is the best interviewer I have ever had and we have now done 3 interviews.
Become a plus member at THC and catch the full interview.
We cover everything under the sun – literally.
Cayman Islands to Begin Reporting Everyone on October 1, 2015
Posted on June 25, 2015 by Martin Armstrong
The Cayman Islands’ Department of International Tax Compliance (DITC) has notified Cayman financial institutions of its intention to move forward with implementing the OECD’s Common Reporting Standard (CRS), with the introduction of local regulations by the Economic Confidence Model turning point – October 1, 2015. This of course will end banking in the Cayman Islands and will impact many hedge funds as well.
Like Switzerland, the Cayman Islands has surrendered its sovereignty to the tyranny of global taxation. The West is imploding all for taxation because those in power will NEVER reform; all they will ever do is raise taxes to line their own pockets while destroying the world economy.
The Cayman Islands is among 50 “early adopters” of the CRS that will begin the automatic exchange of tax information starting in 2017. Eleven other countries will start tax information exchange in 2018.
Under the CRS, as of September 2017, tax authorities in over 50 jurisdictions — in addition to the U.S. and U.K. — will be entitled to information on accounts that individuals or entities hold in a Reportable Jurisdiction, under the tax laws of that jurisdiction.
A Reportable Jurisdiction is one that has a multilateral or bilateral Competent Authority Agreement with other jurisdictions to provide information under the CRS and is on the OECD’s list of such jurisdictions.
Very interesting. I suspect the EU gave them an offer they couldn’t refuse. I doubt the pressure came from the US.
I have been to Cayman several times and the stark divide of the wealth and poor reveals a BIG story. (Rows of beach shoreline banks/hotels…) A kingdom of wealth is stored there, thus the U.K. and U.S. money masters would have to agree or be overpowered to clamp down of that tax haven for the wealthy class.
I may be over-simplifying the dynamics in saying that generally there are two wealth reservations:
1.Institutional (Corporate & foundation) tax exemptions
2. individual off shore accounts tax havens such as the Caymans
Perhaps some millionaires and some billionaires are a thorn in the sides of the money masters. If so some wealthy individuals and families will be facing the tax man and government agents unless they sell out to “The Club” in the years ahead…
Looking ahead I forecast more corporate mergers and bankruptcies where “The Club” buys or take over the smaller/regional competition
I consider this a indication that my forecast above is playing out as “The Club” becomes more despotic:
Investment Advisors Will Be Criminally Prosecuted If They Fail to Report on Their Clients
Posted on June 26, 2015 by Martin Armstrong
I have warned that the final stage of collapse of every empire throughout history is when they divide society and turn everyone against their neighbor. Venice had the Mouth of Truth where people could drop slips in on anyone. The SEC is dividing and conquering society turning those registered into financial rats whom, if they do not report on their clients, will go to prison.
A Registered Investment Advisor (RIA) is an advisor or firm engaged in the investment advisory business and registered with either the Securities and Exchange Commission (SEC) or state securities authorities. The definition of such a person is an individual or firm that offers personal guided investment advice.
There is a proposal from FinCEN, whereas a RIA will be required to monitor and REPORT any questionable activity of their clients under the Bank Secrecy Act. In other words, if your RIA suspects that you have an account you are hiding from the government, or have not paid your taxes (new definition of money laundering), they will be required under penalty of imprisonment to report you. They will be reporting anything over $3,000.
This will require advisers to monitor what you do in your own account. Historically, an RIA was not defined as a “financial institution” so there was no such requirement to report on their clients, as there was in a bank. The SEC is passing a rule that becomes a law with criminal penalties without Congress passing any such legislation. This is anti-Democratic and is really unconstitutional, but good luck on getting a judge to ever say that.
This is further closing the noose and strangling the economy; this will contribute to shrinking liquidity even further. This is all about ensuring that everyone is reporting on everyone else. This is hunting loose change everywhere. This is turning man against his brother until any structure of freedom is completely obliterated, for the motive is all because government is dead broke. Anyone who thinks we are wrong on our forecast had better start waking up.
This is just one more step toward annihilating all our freedoms and we should expect this to start with the turn in the ECM come October 1st.
David Icke: The Tide Is Turning
Posted 19 Jun 2015
David Icke Videocast: The Tide Is Turning.
The words conspiracy theorists are being heard more and more these days.
Watch the full video at http://www.davidicke.com
17 MORE Shocking Sept 11th Facts Most Don’t Know
We Are Change
Bill Cooper’s Death: http://www.rense.com/general16/coop.htm
List and Sources:
17. Ground breaking for the construction of the Pentagon https://en.wikipedia.org/wiki/The_Pen…
16. Fireproofing upgrades http://whatreallyhappened.com/WRHARTI…
15. Turner construction and wtc fireproofing upgrades: http://911review.org/Sept11Wiki/Contr…
14. Once the cleanup of ground zero was fully coordinated, the operations were consolidated under two primary contractors: AMEC construction management and Bovis Lend Lease. http://www.defense.gov/news/newsartic… http://wamu.org/programs/metro_connec…
13. The Bush Administration was so resistant to the idea of launching an official investigation into the events of 9/11 that it took over 440 days after the attack to get the investigation started…and this only happened after independent groups put massive public pressure on the Government to call for an official inquiry.
12. Key members of the 9/11 commission including chairmen, Lee H. Hamilton and Thomas H. Kean openly admit that the 9/11 commission was “set up to fail in MANY ways,” citing lack of funding, insufficient time, commission members with serious conflicts of interest and cover ups. http://www.washingtonsblog.com/2015/0… The 9/11 Commissioners concluded that officials from the Pentagon lied to the Commission, and considered recommending criminal charges for providing false statements
11. Before noon on Sept. 11 at the New York Air Route Traffic Control Center, in Ronkonkoma, N.Y., about 16 Air Traffic controllers met in a basement conference room known as the Bat Cave and passed around a microphone, each recalling his or her version of the Tragic events of a few hours earlier. http://web.archive.org/web/2004050902… http://www.nytimes.com/2004/05/07/us/…
10. General Wesley Clark. https://www.youtube.com/watch?v=9LTdx…
9. Petrodollar and Saddam ditches Dollar for Euro: http://content.time.com/time/magazine…
8. Chantilly Va based National Reconnaissance Office: http://www.boston.com/news/packages/s…
7. Lt. Col. Shelton Lankford quote: http://pilotsfor911truth.org/forum/lo…
6. Senator John Kerry admitted that those who brought building 7 down did it in a controlled fashion https://www.youtube.com/watch?v=rJsJj…
5. The first episode of an X-Files spin-off called “The Lone Gunmen,” which aired March 4, 2001, (7 months before 9/11) https://en.wikipedia.org/wiki/The_Lon…
4. How secure is the Pentagon? http://cpol.army.mil/library/emergenc…
3. The Washington Post reported Wally Miller, “It looked like someone took a scrap truck, dug a 10 foot ditch and dumped trash into it.” After arriving on the scene, Miller said, “I stopped being coroner after about 20 minutes, because there were no bodies there.”
2. Passing the unpatriotic Patriot Act. https://en.wikipedia.org/wiki/Patriot…
1. William Cooper: https://www.youtube.com/watch?v=LyBRO… *** (This is NOT and endorsement of the teachings of William Cooper)
The post 17 more shocking 9/11 facts most people don’t know. appeared first on We Are Change.
Germany Replacing Bank Cards and Eliminating Cash Withdrawals
The game is afoot to eliminate CASH. According to reliable sources, Maestro is seriously under attack. In Germany, Maestro was a multi-national debit card service owned by MasterCard and founded in 1992. Maestro cards obtained from associate banks and can be linked to the cardholder’s current account, or they can be used as prepaid cards. Already we see the cancellation of such cards and the issuing of new debit cards. Why? The new cards cannot be used at an ATM outside of Germany to obtain cash. Any attempt to get cash can only be an advance on a credit card.
Little by little, these people are destroying everything that held the world economy together. Their hunt for spare change for tax purposes is undermining every aspect of civilization. This will NEVER END NICELY for they can only think about their immediate needs with no comprehension of the future they are creating. Indeed, somebody better pray for us, for those in charge truly do not know what they are doing.
We seriously need to hit the Ctrl-Alt-Delete button on government. This is total insanity and we are losing absolutely everything that makes society function.
Once they eliminate CASH, they will have total control over who can buy or sell anything.
We Can See This One Coming
Many thanks for your frequent “Shanghai updates” – as you say: truly amazing how everything is so tightly connected: Haute Brion and Laffite at discounts, VW and BMW car dealerships complaining about unsold cars and a very good indicator also showing that the investors got hit badly this summer: you get tables in all the exclusive restaurants at and around the Bund.
I look forward to seeing you in November !
REPLY: Yes, this one we can see coming. The recovery has been shallow. You still cannot get a table here in the States, but this should change after October. We do see cars starting to sell with better deals. Office space is abundant, so the impact of the internet is alive and well, reducing physical space requirements. We have the deflationary cycle from the expansion of the internet and the deflationary cycle from rise in taxation, which is reducing disposable income. Prices rose, thanks to healthcare costs, and general cost-push inflation fueled by taxation rather than a boom demand inflation.