Pole Shift 2012

From: http://www.youtube.com/user/FREETHINKINGUK#p/c/02456961913D6A85/0/ZE7ELVDkmFk

Fall Of The Republic

Western and Eastern World Vie for Currency Control

Bilderberg Group orders destruction of US Dollar?

MINA | May 21, 2009

A new Kremlin report on the shadowy Bilderberg Group, who this past week held their annual meeting in Greece, states that the West’s financial, political and corporate elite emerged from their conclave after coming to an agreement that in order to continue their drive towards a New World Order dominated by the Western Powers, the US Dollar has to be “totally” destroyed.

Even worse, a new US report on these secret Bilderberg meetings states: “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.”

Prior to the Bilderberg Meeting, the Kremlin report continues, most of the West’s wealthiest elite convened at an unprecedented secret meeting in New York called for and led by the staunch New World Orderlist David Rockefeller to plot the demise of the US Dollar and which, strangely, was reported in the US mainstream propaganda media, but to which the dissident American website PrisonPlanet.Com questioned by stating:

“ABC News today devoted a prominently featured three page story to a “secret meeting” of rich philanthropists which took place earlier this month in New York, and yet one of the biggest news corporations in America was completely silent during a far more important meeting of around 150 of the world’s powerbrokers at the Bilderberg conference last week.”

To the ‘ultimate’ outcome of the plans of the West’s elite classes, connived under the auspicious of the Nazi backed Bilderberg Group, Russian Intelligence Analysts predict that their fears of “losing control” due to the catastrophic chaos they are embroiling our World in are, indeed, valid, especially since the unleashing upon our Earth’s population the bioengineered H1N1 Swine Flu variant that is continuing its unrelenting march of death and illness across our entire Earth, and when coupled with the total collapse of the Global economic system can only lead to Total War.

Russian President Medvedev has joined calls by China, Brazil, and other Nations, to prepare for the collapse of the US Dollar and has put forth the Russian Ruble as one of a number of International Reserve Currencies to replace the soon to collapse American currency, and as warned about by the St. Petersburg Times News Service:

“Last week, despite the apparent appeal of the dollar in the midst of this global crisis, the U.S. bond market — often a harbinger of future trends — suddenly panicked, and the prices of U.S. Treasury bonds plummeted with 10-year yields jumping to over 3.3 percent. This could be ominous for the future of the dollar.”

Even worse for these American people is how horrific their immediate economic future is going to be, and as best articulated by Gary Dorsch, the editor of Global Money Trends, who writes: “No one is asking who will purchase the $1-trillion of US Treasuries to be offered to the market by September. Once that colossal amount of paper is bought, who will purchase another $5-trillion of Treasury paper over the next four-years, as the US-government plunges deeper into insolvency. The Federal Reserve would be forced to print (monetize) vast quantities of US-dollars to pay the principal and interest on the national debt that is not covered by tax revenue.”

Bloomberg News Service is further reporting today that the concerns of the US Federal Reserve Bank are also growing, and as we can read, “Policy makers, meeting April 28-29 in Washington, saw “significant downside risks” to the outlook for the economy, with the global financial system still “vulnerable to further shocks,” minutes of the session released yesterday said.”

With the US now reporting another record being set in the number of their citizens out of work and claiming unemployment benefits, the true number of American jobless has reached a staggering 15.8% of their workforce with no relief in sight and many Russian analysts predicting a summer of violence due to massive discord among these beleaguered people as once their relief payments run out there exists no more money to pay them.

It is important to note that Great Britain is preceding the US into bankruptcy and is reported close to losing its AAA Credit Rating as it suffers its worst economic crisis since World War II, with the Financial Post issuing a further warning to the Americans, and as we can read:

“The U.S. dollar's day of reckoning may be inching closer as its status as a safe-haven currency fades with every uptick in stocks and commodities and its potential risks - debt and inflation - are brought under a harsher spotlight. Ashraf Laidi, chief market strategist at CMC Markets, said Wednesday a "serious case of dollar damage" was underway. "We long warned about the day of reckoning for the dollar emerging at the next economic recovery," Mr. Laidi said in a note.”

After the deliberate collapsing of the US Dollar, these reports continue, the Bilderberg ‘plan’ for the Global economy rests on what are called Special Drawing Rights issued by the Western controlled International Monetary Fund, and which the Telegraph News Service succinctly warns:

“The International Monetary Fund is poised to embark on what analysts have described as "global quantitative easing" by printing billions of dollars worth of a global "super-currency" in an unprecedented new effort to address the economic crisis.”

Russian economists warn that this IMF attempt to destroy the value of Eastern European, Asian and Middle Eastern economies is ‘doomed to failure’, and now being reported that oil rich Saudi Arabia has now joined Russia, China and Brazil by refusing to lend to this travesty of a bank backed by the West and intent upon massive destruction to obtain their goals.

The American people continue to remain, for the most part, blissfully unaware of catastrophe looming before them...

New Movie Trailer: The New World Order

The Obama Deception

Project Camelot interviews Joseph Farrell on Nazi Germany

Interview with Dr. Joseph Farrell on the history of Germany before, during, and after WWII. Including about 'The Bell' up to the recent banking bailout. It's a long video, but Dr. Farrell states his case well worth watching:



The title of this interview, Nazi International, refers to Joseph Farrell's most recent book, in which he details - how the Nazis were experimenting with technology extremely advanced for their time, and how many Nazi scientists, evaluated as being valuable resources for post-war America, were repatriated to the US under Project Paperclip.

We first heard of Joseph Farrell from Richard Hoagland - and soon after from Nick Cook, the author of The Hunt for Zero Point. Farrell, like Peter Levenda, is essentially an academic: a document researcher who digs deep into historical detail and has become fascinated, as many others have, with the hidden history of the Third Reich. He has continued Igor Witkowski's and Nick Cook's research into the enigmatic Nazi Bell: an experimental device, classified at the highest level, that seems to have been used to investigate time distortion effects or antigravity - very possibly both - based on the beginnings of theoretical torsion physics that was being developed in the 1920s and 1930s by a number of brilliant European scientists, themselves very much ahead of their time.

In this interview, Bill Ryan takes the lead and talks with Joseph Farrell in some depth about his work. The interview takes the viewer on a journey which starts before the Second World War, and explores just what German scientists may have been doing in great secret, with the full support of the SS. And, as the title of the video indicates, the story by no means ends there. This video may be of considerable interest to students of wartime advanced technology, and of the hidden history of the Third Reich.

Core of Corruption: In The Shadows (Released 3/27/09)

Video: US is Already Bankrupt...Analyst on CNBC

The Zeitgeist Movement: Orientation Presentation

Wow, couldn't pass this one up

This blog "The Gamut" is on a little bit of everything. Almost 3 million people have watched this video. It's amazing, esp. the last attempted landing:

The Death of 'Blue Chip' Corporate America...Renaissance for America?

Little snippet on today's events:

U.S. Stocks: Fall to a 13 Year Low

March 5: Stocks tumbled, driving the S&P 500 to its lowest level since 1996 (down 4.3% to 683) and the DJIA fell by 4.1% to 6,594, after Moody’s said it may cut JPMorgan's credit rating and China quelled speculation the government will add to its stimulus plan. Wells Fargo and BofA slumped 12% after Moody’s said it’s reviewing their ratings while Citigroup slipped below $1 for the first time. GM sank 15% after its auditor said the automaker may not survive.

'Blue Chip' Corporate America DO NOT make America. The country will get along just fine when they are no longer bailed out.

Capitulation Friday?

From: http://www.cnbc.com/id/29536876

"Market Insider: Wall Street Braces for Ugly Friday"
Posted By: Patti Domm

Let's face it. Nothing about Friday's employment report will be pretty, and the 7 percent decline in stocks this week has been signaling that.

Yet, stocks enter Friday still nervous about a jobs number that some economists say could point to a worse-than-expected decline in the economy during the first quarter.

Economists expect the biggest job losses in 60 years, with a decline in non-farm payrolls of 650,000 and an employment rate of 8 percent.

Traders are holding out hope that the vicious selling in the stock market this week is a sign it is closing in on capitulation, and a bad jobs report could be the trigger for a big sell off.

"There's always a chance. The level of despondency is very high..." said Art Cashin, UBS director of floor operations...

Avoiding a Depression?

"Depression"

Oh, My, Indian Worker Riots in Dubai

Riot in Dubai:



And Why:





From: http://www.nytimes.com/2009/02/12/world/middleeast/12dubai.html?_r=1

"Laid-Off Foreigners Flee as Dubai Spirals Down"
By ROBERT F. WORTH
Published: February 11, 2009

DUBAI, United Arab Emirates — Sofia, a 34-year-old Frenchwoman, moved here a year ago to take a job in advertising, so confident about Dubai’s fast-growing economy that she bought an apartment for almost $300,000 with a 15-year mortgage.

Now, like many of the foreign workers who make up 90 percent of the population here, she has been laid off and faces the prospect of being forced to leave this Persian Gulf city — or worse.

“I’m really scared of what could happen, because I bought property here,” said Sofia, who asked that her last name be withheld because she is still hunting for a new job. “If I can’t pay it off, I was told I could end up in debtors’ prison.”

With Dubai’s economy in free fall, newspapers have reported that more than 3,000 cars sit abandoned in the parking lot at the Dubai Airport, left by fleeing, debt-ridden foreigners (who could in fact be imprisoned if they failed to pay their bills). Some are said to have maxed-out credit cards inside and notes of apology taped to the windshields...

We live in a very strange twilight period...

Good brief article below regarding CDS's and AIG and banks. Nouriel is impressed with Chris' analysis too:

From: http://www.theglobalist.com/StoryId.aspx?StoryId=7529

"What Is Really Killing the Big Banks?"
By Christopher Whalen | Friday, February 13, 2009

As the Obama Administration performs triage on the housing and credit markets, one of the most damaging aspects of the financial crisis has been largely overlooked. Christopher Whalen, hailed by Nouriel Roubini as one of the leading independent analysts of the U.S. banking system, explains the problem of credit default swaps.

One of the least understood aspects of the financial crisis — but potentially the most damaging — is the market for over-the-counter derivatives and particularly one type of derivative known as a credit default swap (CDS).

The losses at American International Group (which was the recipient of a vast public bailout last year financed by the Fed of New York for the benefit of Goldman Sachs and the other large CDS dealers banks) stem in large part from CDS contracts. And there are many other AIG-type situations festering in the United States and Europe that will burst into bloom in coming months.

AIG's sin was thinking it could buy low-risk growth through CDS, but even veteran CEO Hank Greenberg failed to understand the true risk of insuring credit losses. And the sad part is that in chasing growth by taking risks with CDS, Greenberg and AIG were entering a relatively low-margin business compared with traditional insurance.

What is the problem with CDS? The tension, especially regarding the large money center banks and other financial houses, comes from several basic flaws in the model for these instruments.

These are deliberate flaws built into the game that include the lack of a central counterparty, no effective limit on dealer leverage and a schizophrenic pricing methodology that has nothing to do with the several different types of underlying risk contained in these contracts. It is a market designed by and for the seller, to the disadvantage of the buyer. But CDS may also be thought of as a poker game where the dealers have few chips on the table.

It is very telling that more than a year into the crisis and six months since the AIG rescue, the Federal Reserve Board still refuses to enforce any type of credit margin discipline over dealers in the CDS markets, which would raise collateral requirements on dealer positions to realistic levels.

Thus the short-selling pressure on Citigroup and other wounded money centers is magnified many times above the true pool of investors with hedging needs, including the much maligned ranks of the hedge funds. You see, it is the banks too, not just the hedge funds, which sell short the securities of the other banks, a kind of speculator cannibalism.

What the Fed will not tell you is that it is the largest dealers — and not the customers like hedge funds — that are the systemic problem when it comes to CDS and inadequate collateral regulations.

Let me say that again: the systemic risk to the global markets comes not primarily from the rapacious hedge funds, who mostly are forced to post real collateral behind their trades, but from the other dealers and financial institutions in the United States and the European Union particularly. These banks are writing CDS positions to support short sales against other bank names or buying CDS to hedge regulatory capital needs or both.

For those of you with normal lives not cluttered with acronyms related to obscure financial instruments, a CDS contract is essentially a form of insurance on a corporate bankruptcy or default. Less generously you could call it a gaming contract. The contract says that the writer of the insurance is obligated to purchase a bond issued by Ford or Citigroup from the buyer in the event those entities default.

Thus when Lehman Brothers filed bankruptcy, the writers of protection via those CDS contracts had to pay the buyer of protection 97% of the face value of the Lehman Brothers bonds, because there is expected to be little recovery for bond holders in the Lehman bankruptcy. In the case of the government takeover of Fannie and Freddie Mac, the CDS protection payments were very low because there is little or no expected loss for bondholders — at least at the moment.

Many observers have been critical of hedge funds that do or at least did write naked CDS positions during the past several years, essentially like being short a put option, without adequate capital. Hedge funds generally don’t have capital other than insider funds, thus the concern. This issue of adequate capacity and the ability of writers of CDS protection to pay last year almost led the New York State Insurance Department to unilaterally begin the regulation of CDS counterparties who were writing risk for regulated insurance companies.

It now seems that the large bank dealers and a number of banks in Europe are themselves the weakest link in the chain in terms of systemic risk. This reportedly is why then-Fed of New York chief Tim Geithner insisted on bailing out AIG — to prevent an AIG bankruptcy from dragging Goldman Sachs and other dealers down as well.

As the New York Times reported last year, Goldman was AIG’s largest trading partner and CEO Herb Blankfein was in the room when the AIG bailout was hammered out by Geithner.

By failing to enforce margin limits on CDS leverage while investing new capital in Citigroup, Bank of America and other large banks via the TARP, the U.S. Fed and Treasury, as well as global regulators in the EU and Asia — are essentially trying to fill up a bucket with a hole in the bottom.

The Fed and Office of the Comptroller of the Currency (OCC) are entirely complicit in this contradictory effort to protect the ability of the major CDS dealer banks in London, Paris and New York to continue to do business without any basic prudential limitations. If the U.S. Congress truly understood the duplicity of the Fed and OCC when it comes to concealing the risk from over-the-counter derivatives, these agencies would be closed down tomorrow.

Consider that nothing was wrong with the basic model for unregulated derivatives markets such as CDS — then there would be no need for the global financial industry to have “torn up” $30 trillion or half of the notional amount of contracts during the past year!

The truth, by the way, is that these contracts were not always actually extinguished. Sometimes they are merely paired up with opposite contracts to “net out” the risk using the facility of the DTCC. Only time will tell if this approach to deflating the CDS bubble, which is many times the underlying cash basis, will succeed.

But even if you believe that most of the remaining $30 trillion in notional amount of CDS faithfully reported by the DTCC in New York is not problematic, this is happening as corporate default rates rise to historic levels. That still leaves trillions of dollars in net CDS exposure concentrated among some of the less savvy players in the global banking and investment worlds, including some of the largest banks in Europe. For example, UBS just announced thousands of layoffs at its investment bank as part of dramatic cost-cutting related to credit-related losses. Some even anticipate UBS closing its investment bank entirely.

The Fed and the OCC are entirely complicit in this contradictory effort to protect the ability of the major CDS dealer banks in London, Paris and New York to continue to do business without any basic prudential limitations, a pandering bias toward the largest banks that illustrates regulatory capture well.

When the political classes of the industrial nations reckon the final cost of managing down the CDS bubble, the only sane alternative will be to slowly allow some of the largest banks to be restructured, or merely wither as assets are sold.

The more savvy observers in the media are already asking what New York will look like without the large money center banks as anchor tenants. But the more pertinent question will be how many more Lehman Brother-style liquidations we will see in 2009.

Then the question will be asked, particularly in Europe and Washington: Is the wild growth of speculative markets such as CDS a sign of fundamental economic decay? When a speculative market grows to many times the real, cash basis and is therefore not validated by the real economy, is it any surprise that the largest banks in the world are insolvent?

While many of the global financial systems problems are traced back to housing or other base markets, the unlimited leverage of CDS may be reckoned as the catalyst for the global meltdown among the largest banks. Greenberg and AIG went into CDS chasing higher growth, but also bought big risks.

The bottom line: what remains of the CDS market will be cleared and settled by one or more central counterparties by mid-year. The market will be increasingly transparent. Meaningful margin discipline, collateral and risk limits will be imposed. This will have a devastating effect on the big banks’ fixed income revenues, but will actually improve their balance sheets greatly and lower the overall risk in the US financial system.

Chris Martenson's The Crash Course Series

• Intro (on this page, above)
• Chapter 1: Three Beliefs (Time: 1:46)
• Chapter 2: The Three "E"s (Time: 1:38)
• Chapter 3: Exponential Growth (Time: 6:20)
• Chapter 4: Compounding is the Problem (Time: 3:06)
• Chapter 5: Growth vs. Prosperity (Time: 3:40)
• Chapter 6: What is Money? (Time: 5:55)
• Chapter 7: Money Creation (Time: 4:19)
• Chapter 8: The Fed - Money Creation (Time: 7:13)
• Chapter 9: A Brief History of US Money (Time: 7:14)
• Chapter 10: Inflation (Time: 11:48)
• Chapter 11: How Much Is A Trillion? (Time: 3:28)
• Chapter 12: Debt (Time: 12:32)
• Chapter 13: A National Failure To Save (Time: 12:06)
• Chapter 14: Assets & Demographics (Time: 13:41)
• Chapter 15: Bubbles (Time: 14:10)
• Chapter 16: Fuzzy Numbers (Time: 15:52)
• Chapter 17: PART A: Peak Oil (Time: 17:52)
• Chapter 17: PART B: Energy Budgeting (Time: 12:15)
• Chapter 17: PART C: Energy And The Economy (Time: 7:05)
• Chapter 18: Environmental Data (Time: 16:22)
• Chapter 19: Future Shock (Time: 8:02)
• Chapter 20: What Should I Do? (Time: 19:48)

Loose Change: What really happened on 9-11-01?

To understand why and how we got to where we are today, we need to understand what happened on 9-11-01:

Loose Change: Final Cut


Loose Change: Second Edition


Loose Change: First Edition

Movie "Core of Corruption" due out on March 27, 2009

The Greatest Depression

Something I just noticed...

The past two Friday's have been the highest transaction volume days of the past year for the DJIA, and both were heavy volume days DOWN. This past Friday, the last day markets were open was THE record day for DOWN transaction volume.

Also, from the the Dow 11,000 during the summer through October the Dow fell to about 8,500, or 2,500 points. The Dow is now almost at 7,000, another 1,500 points. Each a comparable percentage point drop.

There won't be a recovery anytime soon in the markets, and a lot of people realized that this past week and acted upon it this past Friday.

I believe this past week was a good leading signal to the world, we are entering a Depression. I call this one The Greatest Depression.

Zeitgeist Addendum Video

Zeitgeist Addendum series continued...

Zeitgeist Video

Zeitgeist series continued...

Videos on Ascension 2012

A new blog...The Gamut

Am starting a new blog. Have a couple of other blogs, but feel I can't write about certain things on those because it might be considered off topic.

With events progressing as they have been on the economic front, I feel I need to be able to comment on "the gamut" of events taking place. So that's what I will do here.

There will be a lot of videos posted here. A lot of it will be on economics, but also on corruption as with 9-11, and even on astronomical events such as Ascension 2012. I promise it will be interesting.

Here I will be known as the "Observer."