CAP& TRADE NUTS AT IT AGAIN-LEFT NUTCASES

TODAY JOHN KERRY AND JOE LIEBERMAN WILL BRING TO GOVERNMENT THE CAP & TRADE INVISIBLE AIR SCAM TO GET PASSED.THESE NUTCASES NEVER STOP WITH THIS WORLD TAX SCAM.

Cap-and-Trade: A Scam Based on a Scam
By Alan Caruba Tuesday, May 11, 2010

It is almost beyond comprehension that Sen. John Kerry (D-MA) and Sen. Joseph Lieberman (I-CT) will introduce the Cap-and-Trade Act on Wednesday, May 12th, for consideration by the Senate. It is being passed off as a climate bill with provisions for more oil drilling, but it is an assault on reality, on science, on common sense, and on any future economic growth of the nation.The nation’s prisons are filled with men still claiming to be innocent after trials filled with evidence of their guilt. Denial of the truth is their last resort and this metaphor reflects what is happening in the utterly corrupt community of global warming liars and their associates in the U.S. government. Recently 225 scientists wrote a letter defending global warming. It was published in the journal Science, one of the many such publications that have become as corrupt as those at the center of the global warming scam. Based on last November’s leaked emails among those most responsible for the data at the heart of the global warming scam, it was revealed that the United Nations Intergovernmental Panel on Climate Change had been systematically publishing false climate information and analysis.

Moreover, the photo used to illustrate the scientists letter was photo-shopped to show a polar bear on a small piece of ice surrounded by water. The deception included the fact that many of the signatories to the letter lack credibility. Among the first 20 listed, none work in the field of climate science.As reported by Tony Hake of Climate Change Examiner, Pediatric surgeons, an expert in the Maya and Olmec civilizations, a chemist that studies bacteria, and a computer pioneer with Microsoft, an electrical engineer, the chairman of a biotechnology firm, and even an expert studying corn are but a few of the 225 experts that signed the letter.Dr. Gerhard Kramm, an atmospheric scientist at the University of Alaska Fairbanks, fired off a letter disputing the usual claim that human activity is causing carbon dioxide emissions that are, in turn, causing global warming. Until today, there is no scientific evidence that an increase of the globally averaged near-surface temperature by less than one Kelvin during the last 160 years can be linked to the increase of the atmospheric concentrations of so-called greenhouse gases.

There is no global warming. Whatever warming occurred followed the end of a mini ice age that began around 1350. Around 1850 the Earth’s temperature increased about one degree Fahrenheit to its current level.The United Nations has been the locus of the greatest hoax perpetrated in the modern era The United Nations has been the locus of the greatest hoax perpetrated in the modern era, codified in the bogus Kyoto Protocol, an international agreement that many nations signed onto in1997. The Clinton administration signed the agreement, but did not implement it due to a Senate resolution that unanimously rejected it. The real aim of the global warming scam is the prospect of selling carbon credits in exchanges around the world, in effect selling air!Cap-and-Trade Act: Constitute the greatest tax on energy use in the history of the nation If the Cap-and-Trade Act is passed at the urging of the Obama administration, it will constitute the greatest tax on energy use in the history of the nation and it will energize exchanges, such as the one in Chicago, set up to buy and sell the carbon credits.

As reported by Investor’s Business Daily on May 7, The carbon trading system being pushed here has spawned crime and fraud across the pond. Cap-and-Trade is not about saving the planet. It’s about money and power, and absolute power corrupting absolutely.The European Emissions Trading System is a warning to America. IBD described it as a scam built upon a scam. British and German law enforcement authorities have been busy arresting miscreants as part of a pan-European crackdown on carbon credit VAT tax fraud.And VAT, a valued added tax, is being advanced in the United States as a way to raise money to pay off our ever increasing debt.Last December, reported IBD, Europol, the European criminal intelligence agency, announced that Emissions Trade System fraud had resulted in about five billion euros in lost revenues as Europe’s carbon traders schemed to avoid paying Europe’s VAT and pocket the difference. In announcing the raid, the agency said that as much as 90% of Europe’s carbon trades were the result of fraudulent activity.The entire global warming theory has been a scam, a hoax and a fraud from the day it was first put forth. Its advocates, corrupt scientists, corrupted science journals, and all of the environmental organizations are hoping the same Congress that foisted Obamacare on Americans will do the same with Cap-and-Trade.Alan Caruba, 2010

LISTEN TO THE SHOW HERE INFOWARS.COM
http://www.infowars.com/
OBAMA DECEPTION
http://www.youtube.com/watch?v=eAaQNACwaLw
FALL OF THE REPUBLIC MOVIE
http://www.youtube.com/watch?v=F8LPNRI_6T8&feature=player_embedded
ENDGAME GLOBAL ENSLAVEMENT
http://video.google.com/videoplay?docid=1070329053600562261
POLICE SATE 4-THE RISE OF FEMA MOVIE
http://www.youtube.com/watch?v=Klqv9t1zVww&feature=player_embedded
INVISIBLE EMPIRE MOVIE
http://www.youtube.com/watch?v=NO24XmP1c5E&feature=player_embedded
BOHEMIAN GROVE NWO OCCULTISTS
http://video.google.com/videoplay?docid=-82095917705734983
WITCHCRAFT IN THE WHITE HOUSE
http://www.youtube.com/watch?v=AmaiX86sUoc&feature=related
http://www.youtube.com/watch?v=IF2eILED00s&feature=related
http://www.youtube.com/watch?v=ZARWvlz_yKI&feature=channel_page
http://www.youtube.com/watch?v=Sbh7KrUwawI&feature=channel
http://www.youtube.com/watch?v=4IG0tmvCozU&feature=channel
http://www.youtube.com/watch?v=NgP-SyrooKI&feature=channel
OBAMA SCAM
http://www.youtube.com/watch?v=9V1nmn2zRMc&feature=player_embedded
PHIL BERG - OBAMA CRIMES
http://obamacrimes.com/
LAURIE ROTH SHOW
http://therothshow.com/
DOUG HAGMANN
http://homelandsecurityus.com/
CANADA FREE PRESS-JUDI MCLEOD
http://www.canadafreepress.com/

JUNE 29TH ELLIGABILITY CASE
http://www.wnd.com/index.php?fa=PAGE.view&pageId=137773

AND THE OTHER ISSUE WE MUST KEEP ON THE TABLE AND IN PEOPLES MEMORY IS THAT BARRY SOETORO IS REALLY BARACK OBAMAS REAL NAME AND HE WAS BORN IN KENYA NOT AMERICA.BARRY SOETORO AKA BARACK OBAMA IS NOT ELLIGABLE TO BE THE PRESIDENT OF THE USA GOVERNMENT.EVERYTHING HE SIGNS IN BARACK OBAMA IS ILLEGEL,BECAUCE HIS REAL NAME IS BARRY SOETORO.AMERICAS CONSTITUTION WILL BE IN SHAMBLES ONCE THIS SCAM IS FINALLY REVEALED TO THE WORLD.

BY THE TIMELINE IN OBAMAS OWN BOOKS-OBAMA WENT TO PAKISTAN ON HIS INDONESIAN PASSPORT.ANOTHER ISSUE OUT OF 400 PEOPLE AT COLUMBIA THAT GRADUATED THE YEAR OBAMA OR BARRY SOETORO DID,NO ONE COMES FORWARD TO SAY THEY KNEW HIM.HOW COME AT HAWAII HOSPITAL WERE OBAMA CLAIMS HE WAS BORN,NO NURSES OR ANYBODY CAME FORWARD TO SAY THEY WITNESSED OR TOOK PART IN THE BIRTH.THIS BARRY SOETORO OR AKA BARACK OBAMAS LIFE IS A COMPLETE FRAUD.AND AMERICA IS CONNED TO BELIEVE THE LIE.WHY WOULD SOETORO AKA OBAMA SPEND 2 MILLION DOLLARS TO STOP ALL THESE LAWSUITS IF THERES NO COVERUP.HE WOULD JUST SHOW THE PROOF OF EACH EVENT-PLACE OF BIRTH,CERTIFICATE AND REAL NAME BARRY SOETORO INDONESIAN PASSPORT.

The proof is everywhere from statements and affidavits from Government parliament sources and Obama’s own Grandmother who says she saw him born in a hospital in Mombassa Kenya. The former ambassador to Kenya says Obama was born in Mombassa Kenya, so do others. Check out the affidavits at www.obamacrimes.com and join Phil Berg and other concerned citizens for a huge eligibility protest march May 29th 12-4pm.

ONE SUCCESS AT LEAST THE FED WILL BE AUDITED BACK TO 2007.THE GOVERNMENT FINALLY TOOK ACTION,ITS ABOUT TIME.

Alan Grayson: We Beat The Fed Paul Joseph Watson
Prison Planet.com Wednesday, May 12, 2010

While many are expressing disappointment and even despair that the Senate voted down Ron Paul’s audit the Fed bill while passing a weakened version, Congressman Alan Grayson is confident that the stronger provisions of the original House amendment can be added in Committee, ensuring the Federal Reserve doesn’t get off the hook, as Congressman Paul has warned.The Senate last night voted 96-0 in favor of a compromise amendment that requires the GAO to conduct a one time audit of the Federal Reserve that will focus on which financial institutions received over $2 trillion dollars in bailout funds during the peak of the economic crisis.However, the Senate voted down 37-62 Senator David Vitter’s audit the Fed amendment, which mirrored Ron Paul’s version that was passed by Congress. The stronger version would have ensured ongoing congressional audits and would have severely hampered the Fed’s ability to continue its credit swap program which has seen billions of U.S. dollars sent to foreign banks.Congressman Paul has dismissed the watered down version as a placebo amendment that lets the Fed off the hook, noting with suspicion how it was enthusiastically supported by the Obama administration.If they’re all supporting it, I would be very suspicious that the Fed is quite aware of this and they’re satisfied with this and maybe they think they’re getting off the hook, Paul said in a recent interview.However, Congressman Alan Grayson, who has been a vehement supporter of Ron Paul’s efforts to properly audit the Fed, believes that the one time audit is an important step towards full transparency.

Grayson is confident that a one time audit would expose the Fed’s arguments for secrecy as a ruse, leading to greater pressure to enact regular audits. He believes that the stronger provisions of the Ron Paul version can be merged into the bill the Senate passed last night.The Senate audit provision isn’t as strong as what we passed in the House, writes Grayson, adding, The Senate provision has only a one-time audit, whereas what we passed in the House would allow audits going forward. There will be a conference committee that will merge the provisions from the two bills….So we will be fighting on to get a full audit from the conference committee.

No longer can Ben Bernanke get away with saying, I don’t know. Now, we’re going to know who got what, and why,writes Grayson, referring to his confrontations with Bernanke in which he demanded to get answers on where the bailout money had gone.
Grayson says the one time audit represents significant progress given the overwhelming opposition to Fed transparency just months ago.Let’s not lose sight of what we have accomplished so far – real independent inquiry into the Fed, and its incestuous relationships with Wall Street banks. For the first time ever,writes Grayson.Our calls, emails, lobbying, blogging, and support really mattered. We made it happen. Today, we beat the Fed,he concludes.It remains to be seen whether Grayson can help piggy back the stronger provisions onto the watered down amendment, but as it stands, the version passed by the Senate will at least crank the door ajar on Fed secrecy. But some fear that door could once again be slammed shut subsequent to a whitewash and a limited audit.During a speech on the House floor last night, Congressman Ron Paul reacted to the failure of the stronger version of the bill by imploring full transparency in light of the Fed’s decision to restart loans to foreign banks and governments, which is heaping more future misery on American taxpayers and threatening the long term survival of the U.S. dollar.

Watch the clip below.
http://www.youtube.com/watch?v=_FRq4hB48fE&feature=player_embedded

http://www.foxnews.com/world/2010/05/10/world-health-organization-moving-ahead-billion-dollar-internet-tax/
Updated May 10, 2010 World Health Organization Moving Ahead on Billions in Internet and Other Taxes By George Russell- FOXNews.com

The World Health Organization is moving full speed ahead with a controversial plan to impose billions of dollars in global consumer taxes on such things as Internet activity and everyday financial transactions like paying bills online — while its spending soars and its own financial house is in disarray.The World Health Organization (WHO), the United Nations' public health arm, is moving full speed ahead with a controversial plan to impose global consumer taxes on such things as Internet activity and everyday financial transactions like paying bills online — while its spending soars and its own financial house is in disarray.The aim of its taxing plans is to raise tens of billions of dollars for WHO that would be used to radically reorganize the research, development, production and distribution of medicines around the world, with greater emphasis on drugs for communicable diseases in poor countries.

The irony is that the WHO push to take a huge bite out of global consumers comes as the organization is having a management crisis of its own, juggling finances, failing to use its current resources efficiently, or keep its costs under control — and it doesn't expect to show positive results in managing those challenges until a year from now, at the earliest.Fox News initially reported last January on the suite of proposals for new and innovative sources of funding, prepared by a 25-member panel of medical experts, academics and health care bureaucrats, when it was presented of a meeting of WHO's 34-member Executive Board in Geneva.Now the proposals are headed for the four-day annual meeting of the 193-member World Health Assembly, WHO's chief legislative organ, which begins in Geneva on May 17.The Health Assembly, a medical version of the United Nations General Assembly, will be invited to take note of the experts' report. It will then head back with that passive endorsement to another Executive Board meeting, which begins May 22, for further action. It is the Executive Board that will give effect to the Assembly's decisions.

What it all means is that a major lobbying effort could soon be underway to convince rich governments in particular to begin taxing citizens or industries to finance a drastic restructuring of medical research and development on behalf of poorer ones.

The scheme would leave WHO in the middle, helping to manage a global health research and innovation coordination and funding mechanism, as the experts' report calls it.In effect, the plan amounts to a pharmaceutical version of the U.N.-sponsored climate-change deal that failed to win global approval at Copenhagen last December. If implemented as the experts suggest, it could easily involve the same kind of wealth transfers as the failed Copenhagen summit, which will send $30 billion a year to poor nations, starting this year.The WHO strategy involves a wide variety of actions to transfer pharmaceutical-related technology, and its production, along with intellectual property rights, to developing countries, according to a condensed global strategy and plan of action also being presented to the World Health Assembly.

Regional networks for innovation would be cultivated across the developing world, and some regions, such as Africa, would be encouraged to develop technology to exploit traditional medicines.According to the condensed plan of action being presented to the Assembly, a number of those initiatives are already well under way.
Click here to read the plan of action.The rationale for the drastic restructuring of medical R and D, as outlined in the group of experts' report, is the skewed nature of medical research in the developed world, which concentrates largely on non-communicable diseases, notably cancer, and scants research on malaria, tuberculosis and other communicable scourges of poor countries. It cites a 1986 study that claimed that only 5 percent of global health research and development was applied to the health problems of developing countries.(In dissecting contemporary medical R and D, however, the expert report glosses over the historical fact that many drugs for fighting communicable diseases in developing countries are already discovered; the issue in many cases is the abysmal living and hygienic conditions that make them easily transmitted killers.)What truly concerns the experts, however, is how to get the wealth transfers that will make the R and D transfers possible — on a permanent basis. The panel offers up a specific number of possibilities.

Chief among them:
-a digital or bit tax on Internet activity, which could raise tens of billions of U.S. dollars;
-a 10 percent tax on international arms deals, worth about $5 billion per annum;
-a financial transaction tax, citing a Brazilian levy that was raising some $20 billion per year until it was canceled (for unspecified reasons);
-an airline tax that already exists in 13 countries and has raised some $1 billion.

Almost casually, the panel's report notes that the fundraising effort would involve global changes in legal structures — and policing. As the report puts it: Introducing a new tax or expanding an existing tax may require legal changes, nationally and internationally and ongoing regulation to ensure compliance.As a backup, the panel offers some less costly, voluntary alternatives, including solidarity contributions via mobile telephone usage, or set-asides on income taxes.

Yet another alternative: new health care contributions from countries such as China, India or Venezuela, or higher contributions from rich countries — neither idea looking likely in the current climate of international financial crisis. In the report's words: channeling these resources in this way can only be achieved if there is political will to do so and a convincing case is made.Click here to read the financing report.As follow-up, the experts suggest that WHO promote each and every suggested approach for new financing, along with regulatory harmonization and integration in the developing world, research and development platforms in the developing world,and new product development partnerships to kick-start the global medicines program.Just as big an issue for WHO, however, may be whether it can adequately manage the money it is already getting — or trying to get — for its current planned needs.Other budget documents intended for the World Health Assembly, and obtained by Fox News, paint a picture of an organization where:

-spiraling financial demands are beginning to outstrip the ability of member-nations to pay;
-outsized headquarters budgets, in contrast to the regional and country networks where WHO's public health work is largely done, are rising even faster than the overall budget; and
-efforts to control onerous staff costs are just getting underway.

Those challenges are laid out in WHO's proposed biennial budget for 2010-2011, which calls for a combination of mandatory and voluntary contributions from the world's nations — meaning, overwhelmingly, the three dozen richest ones — of $5.4 billion — a whopping 27 percent increase over the same initial draft figure for 2008-2009.

But that increase, large as it is, will likely be far less than WHO needs before the latest biennium ends. In 2008-2009, the initial $4.23 billion draft budget was revised to a final $4.95 billion during the two-year period, a 17 percent increase.

Using the same inflationary measure, WHO's spending could well climb to $6.3 billion before the end of 2011.Click here for the draft 2010-2011 budget.One of the biggest jumps would come in the spending centered on WHO's headquarters in pricey Geneva — a 44 percent climb in its share of program budgets, from $1.18 billion to $1.7 billion, even before any future revisions.WHO planners point to the shrinking value of the U.S. dollar, its budgeted currency, against the Swiss franc as a major factor, which they say has increased costs by 15 percent. But other factors include more meetings for WHO's governing bodies and salary provisions for the top officers of the WHO Secretariat.According to documents presented to the program, budget and administration committee of WHO's Executive Board, headquarters costs for the organization have remained proportionately steady for years at almost 38 percent of WHO's spending, however much that spending has grown. The ratio is striking, since WHO devotes most of its efforts to improving health care conditions in the developing world.The organization's stated goal is to spend only 30 percent of its program funding in Geneva, but the same planners think it is unrealistic to think WHO will reach that objective, even by 2013.In foggy bureaucratic language, they declare that a change that is too swift and radical will be disruptive to the entire function of the Organization or fail because of an insurmountable accumulation of practical problems of execution.

Translation: the WHO bureaucracy won't easily cooperate.In a bid to get the head-to-tail ratio under better control, WHO's top managers have set ceilings for headquarters hiring, but these only went into effect this year. The hiring limits will not cut the Geneva head-count but limit its further growth — an acknowledgement, the document says, that staff numbers are the main driver of WHO's expenditures.That combination of WHO's sharp hikes in costs and a grim economic climate have led to another major management problem: continued disparities between the approved budgets and the available resources.In other words, WHO's member states and donors are not paying up as fast as the organization is spending the money across its many and varied priorities, leading to budgetary juggling and behind the scenes efforts to get major donor countries to ante up future contributions in advance, and cough up more voluntary funds in the future.In its planning committee documents, the WHO bureaucracy promises to get a better grip on its finances in the near future.Among the cost management efforts will be higher levies on voluntary donations to cover WHO staff costs — higher administrative fees, in short — along with more voluntary and fully flexible donations that can be used at the management's discretion, rather than being earmarked for specific programs.Click here for the resource management report.It will be another year, however, before WHO's overseers will be able to see if its management juggling will bear adequate fruit.All in all, that is not a confidence-building credential for an organization that is simultaneously trying to reorganize the world's medical research, development, production and distribution system — and make the world's consumers and taxpayers pick up most of the multibillion-dollar tab.George Russell is executive editor of Fox News.

DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.

JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.

EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

REVELATION 13:16-18
16 And he(FALSE POPE) causeth all,(WORLD SOCIALISM) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM

WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/site/14081545/?tabid=15839796&tabheader=false

HALF HOUR DOW RESULTS WED MAY 12,2010

09:30 AM +1.25
10:00 AM +81.47
10:30 AM +92.50
11:00 AM +93.33
11:30 AM +79.12
12:00 PM +84.64
12:30 PM +110.03
01:00 PM +114.64
01:30 PM +123.16
02:00 PM +118.50
02:30 PM +134.07
03:00 PM +143.14
03:30 PM +144.57
04:00 PM -148.65 10,896.91

S&P 500 1171.67 +15.88

NASDAQ 2425.02 +49.71

GOLD 1,240.70 +20.40

OIL 75.38 -0.99

TSE 300 12,196.10 +195.50

CDNX 1625.73 +13.15

S&P/TSX/60 716.83 +11.84

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow +33 points at 4 minutes of trading today.
Dow +1 points at low today.
Dow +150 points at high today so far.
GOLD opens at $1,239.00.OIL opens at $76.28 today.
GOLD AT ALLTIME HIGH OF $1,248.20

AFTERNOON,NEWS,STATS
Dow +1 points at low today so far.
Dow +150 points at high today so far.

WRAPUP,NEWS,STATS
Dow +1 points at low today.
Dow +150 points at high today.

CRUDE OIL +1.9 MILLION BARRELS.
GASOLINE -2.8 MILLION BARRELS.
DISTILLATE INVENTORIES +1.4 MILLION BARRELS.
REFINERY UTILIZATION

GREECE ITS ROBBERY,NOT BAILOUT
http://www.youtube.com/watch?v=FOENajeR2qE&feature=player_embedded

The Fed Is Using Its Cronies And Lobbyists To Stop Us From Auditing It Ron Paul Texas Straight Talk Tuesday, May 11th, 2010

It doesn’t come as too much of a surprise that the measure to audit the Federal Reserve is coming under continuous fire from the central bank and its cronies. For the first time since the Federal Reserve was created nearly a century ago, they have hired an actual lobbyist to pound the pavement on Capitol Hill. This is a desperate effort to hang on to the privilege of secrecy and lack of accountability they have enjoyed for so long. Last week showed they are getting their money’s worth in the Senate.At the very last minute on the floor of the Senate, supposed compromise language was agreed to and substituted in the Sanders Amendment to the Financial Reform Bill. This language was acceptable to the administration, committee leadership, and to the Fed. The trouble is, while it is better than no audit at all, it guts the spirit of a truly meaningful audit of the most crucial transactions of the Fed. In fact, rather than still calling the Sanders Amendment an audit, maybe it should instead be called more of a disclosure at this point.The new language of the Sanders Amendment requires a one-time disclosure from the Fed of 13(3) facilities, foreign currency swaps and mortgage-backed securities. Basically, their sins of the past would be revealed and Americans would know more about who got bailed out by the Fed and under what terms. This would be good, but its not nearly enough.

Taxpayers are sick and tired of bailing out privileged, dysfunctional institutions that should be allowed to fail in order to stop their ability to wreak havoc on our economy. Perpetuating these corporations at taxpayer expense is not just wasteful, it is actively harmful. It would be good to know what went on in the past, but what about accountability in the future? A one-time disclosure now will not do us a lot of good down the road when the cycle repeats itself and friends of the Fed find themselves in trouble again.More importantly, agreements with foreign central banks are not touched by the new Sanders Amendment language. At a time when Greece, Portugal, Spain and other countries are experiencing dire financial crises and have their hands out to the international community, we need to know if our Federal Reserve is at all involved in bailing them out. As weary as we are of bailing out companies, the American people would not stand for bailing out entire countries. Our government is wasteful enough in its own affairs without contributing to the waste of other countries. Yet the Fed currently has the tools it needs to do just this, and to do it in secret.If we cannot take away the Fed’s ability to waste trillions of taxpayer dollars on failing companies and failing countries, at the very least, we can take away their ability to do this with no transparency or accountability to the American people. While the Sanders Amendment no longer contains a full audit, Senator David Vitter has introduced an amendment which contains the Audit the Fed language that passed the House last fall. The Senate must pass the Vitter amendment for full disclosure and full accountability going forward.

Barroso calls for reform as shine fades on bail-out
ANDREW WILLIS 11.05.2010 @ 17:40 CET

EUOBSERVER / BRUSSELS - European Commission President Jose Manuel Barroso has called on member states to tackle the imbalances behind the eurozone's recent crisis, as the sheen on Europe's day-old financial support mechanism already shows signs of fading. It's not just about giving money, its about asking member states of the eurozone to make additional efforts for the correction of some unbalances that still exist,Mr Barroso said on Tuesday (11 May) after meeting with OECD secretary general Angel Gurria in Brussels.EU finance ministers yesterday agreed a massive €750 billion relief package, together with the IMF, to prop up struggling eurozone governments that may need to request external help. Just days before, euro area leaders signed off a €110 billion bail-out for Greece.Rising government debt and deficit levels have catapulted the region into a maelstrom of financial turmoil in recent months, as investors increasingly questioned the credit-worthiness of member states.Mr Gurria said Monday's rescue package has credibility and was the right size. I think it is going to generate the time to look objectively at the fiscal problems that made it necessary in the first place, he added. We will see in the next few days Portugal announce special additional efforts and I'm sure that tomorrow Spain will come out with a very strong package,the OECD chief said in reference to the two southern economies that have come under the glare of markets.

Others agree that the massive eurozone support package - made up of €60 billion in immediately accessible funds, €250 in IMF money and €440 in bilateral loan guarantees - will do little more than buy the beleaguered currency bloc limited breathing space. On Monday, Finnish Prime Minister Matti Vanhanen said: The most important thing after this decision ... is to avoid feeling good about everything being well permanently, because in the background there are the bloated deficits.

As well as agreeing stronger budgetary rules to stamp out excessive deficits, Mr Vanhanen said the EU must implement structural reforms to increase its competitiveness relative to the rest of the world. The economy of the eurozone contracted 4.1 percent in 2009, and is expected to grow by a meagre one percent this year. In comparison, the United States, where the crisis originated, saw its economy dip just 2.4 percent last year, with growth of 3.1 percent forecast for 2010. Already on Tuesday, market euphoria related to the European financial stabilisation mechanism showed signs of waning, with European stocks and the euro currency closing lower than the previous day.

Commission proposals

Mr Barroso's comments come less than 24 hours before the EU executive is due to publish an ideas paper on greater economic co-ordination and tighter budgetary rules for the European Union. Speaking from New York on Monday, the EU's internal market commissioner Michel Barnier said greater harmony in budget policies would be needed to prevent a repeat of the recent crisis that plunged the euro currency. More economic governance is needed in the eurozone, more co-ordination and supervision of budgetary and economic policies, he said.However, colleague Olli Rehn, the EU's economy commissioner, received a frosty reception from EU finance ministers meeting in Madrid last month when he suggested euro area members and the commission should examine national budgets before they were passed to national parliaments. Amongst other ideas expected to feature in Wednesday's commission communication are plans to reduce EU funding for national governments that repeatedly break the bloc's budgetary rules.

Obama calls for resolute spending cuts in Spain
VALENTINA POP Today MAY 12,10 @ 09:26 CET

EUOBSERVER / BRUSSELS – US President Barack Obama on Tuesday asked Spain for resolute action to stem its widening deficit, in order to regain market confidence in the eurozone and avoid a spill-over effect from Greece.President Obama and Spanish President Jose Luis Rodriguez Zapatero ... discussed the importance of Spain taking resolute action as part of Europe's effort to strengthen its economy and build market confidence,the White House said in a statement. Washington is backing austerity measures in Spain and other European countries because of a fear that anything might stem the recovery that we believe is taking place, Mr Obama's spokesman, Robert Gibbs, told journalists in Washington.Mr Obama's phone call to Madrid was part of the ongoing consultations with close allies on the troubles affecting the eurozone, he added.The US president has been working the phones in recent days to EU leaders struggling to defend the eurozone from growing market speculation on its ailing southern economies.His extensive talks with German Chancellor Angela Merkel and French President Nicolas Sarkozy are believed to be one of the catalysts behind the €750 billion bailout agreed over the weekend by the leaders of the eurozone.Mr Zapatero is due to present on Wednesday (12 May) spending cuts of €5 billion this year and a further €10 billion in 2011, in a bid to stem the public deficit, which is currently at 9.8 percent of the GDP.

According to the eurozone's internal rules, deficits cannot surpass 3 percent of the GDP. Spain already approved an austerity package in January but has so far failed to cap its widening deficit.EU leaders last weekend pressed Madrid for even deeper cuts, saying that these plans are not tough enough to calm markets, but Spanish finance minister Elena Salgado managed to resist the pressure, El Pais reported.She argued that the meeting was called to discuss bail-out mechanisms, not Spanish austerity, and to plead for more time for her government to come up with additional measures.Cutting social benefits will be tough for Spain's centre-left government as the country's unemployment rate has recently surpassed 20 percent and the economy is expected to shrink by 0.4 percent. In addition, Spain's tax inspectors' union (Gestha) calculates that 23 percent of the country's GDP is attributable to its shadow economy, which grew about 0.7 percent last year.

David Cameron becomes UK leader in pact with Lib Dems
LEIGH PHILLIPS Today MAY 12,10 @ 09:28 CET

After 13 years in opposition, the UK's Conservative Party has returned to office heading the first coalition government the country has known since World War II, following the failure of talks between the Liberal Democrats and the Labour Party to forge a deal between the two left-of-centre parties.Tory leader David Cameron, speaking on the steps of Number 10 Downing Street as supporters cheered and opponents already began to gather, said: This is going to be hard and difficult work.
Liberal leader Nick Clegg is to be awarded the deputy premiership in return for his party providing a stable alliance to the Conservatives, who had won the most seats and votes, but were shy of an outright majority.It is understood that talks between the Liberal Democrats and Labour foundered as prominent Labour actors began to publicly baulk at the idea of a coalition, underlining to the Liberals the fragility of any would-be partnership between the two parties and a ragged band of minor parties.

Beyond Mr Clegg prominent place in the new government, the Liberals have won five cabinet roles and 15 other lower-ranking ministerial positions.Conservative George Osborne is to be chancellor and William Hague, a former Tory leader, is to be foreign secretary.Full details of the pact between the two sides are still unknown, but the agreement will see a review of laws that Liberals and others have argued under Labour undermined civil liberties, and the Labour-introduced ID card system will be scrapped.The lynchpin to the deal however was a promise of a referendum on an alternative vote system, a step towards a more continental proportional representation form of voting, to replace the current 'winner-takes-all' first-past-the-post system. However, Conservatives will be allowed to campaign against the change during the referendum.The Liberals, who had backed an amnesty for irregular immigrants in the election campaign, for their part have now accepted the Tories' plans for an annual cap on immigration.They have also given way over Tory wishes to deliver a special tax status to married couples.Underscoring traditional conservative themes of personal responsibility, Prime Minister David Cameron said his new era would be one in which We do not just ask what are my entitlements, but what are my responsibilities, one where we don't ask just what am I just owed, but more what can I give.

Outgoing leader Gordon Brown for his part declared that despite the result, a majority of UK voters had supported left-of-centre parties: We know more certainly than ever before that there is a strong progressive majority in Britain, I wish more than I can possibly say that I could mobilise that majority.One thing that will not change is that I am Labour and Labour I will always be, he said.

EU farming nations oppose Mercosur talks ahead of key summit
ANDREW WILLIS Today MAY 12,10 @ 09:22 CET

EUOBSERVER / BRUSSELS - A group of ten EU member states have indicated their opposition to the resumption of South American trade talks, just days before European and Latin American leaders are to sit down for a major summit in Madrid. Led by France, the ten states on Tuesday (11 May) said the resumption of talks with the Mercosur trading bloc, comprised of Argentina, Brazil, Uruguay and Paraguay, sent a highly negative signal to Europe's struggling farm sector.The European Commission last week announced its decision to restart the talks, suspended in 2004, citing clear economic benefits for both sides from an eventual deal. But Europe's farming nations fear the agricultural might of Argentina and Brazil, two of the world's largest beef producers, and say no further concessions can be granted above those already given under the Doha round of multilateral trade talks.The ten nations propose to submit a joint statement to EU agricultural ministers next Monday, reports AFP, the same day a bilateral EU-Mercosur summit is scheduled to take place in Madrid. A statement from the ten opposing the resumption of talks, Austria, Finland, France, Greece, Hungary, Ireland, Luxembourg, Poland, Romania and Cyprus, read: We regret that it has been taken without prior political debate with the Council, and without a debate on the possible economic impact of an agreement.The ambitions and interests of both parties do not appear to allow progress to be made in these negotiations, which were begun in 1999, unless further concessions are made on agriculture by Europe, and this would be unacceptable,its continues.

Lat-Am summits and trade complications

The latest dispute will add to already existing frictions between Europe and central and southern American regions. Madrid has used its six months at the helm of the EU presidency to push forward a number of bilateral trades deals with its former colonies, but the commission was last week forced to suspend talks with the central American trade bloc due to a number of outstanding differences.It now looks increasingly unlikely that the deal will be initialed in Madrid next week at a bilateral meeting between the two sides on 19 May, despite the EU apparently waiving concerns related to a coup d'etat in Honduras last June, following which there were widespread reports of human rights abuses.A majority of Latin America's leaders had threatened to boycott the main EU-Latin America and the Caribbean Summit on Tuesday (18 May) in protest against the attendance of the new conservative Honduran leader, Porfirio Lobo. In the end, Mr Lobo said he would skip the main event to enable it to go ahead. The EU will be represented by European Council President Herman Van Rompuy, Commission President José Manuel Barroso, EU High Representative Catherine Ashton and trade commissioner Karel De Gucht.Bilateral trade talks between the EU and Peru and Colombia were wrapped up in March, in time to be initialed next week, but they too have proved problematic. Endowed with fresh powers under the EU's new rulebook, the Lisbon Treaty, a large number of MEPs have signaled they will refuse to give their final approval to a bilateral deal with Bogota until the country improves its human rights record. Colombia currently has the highest rate of trade unionist murders in the world.

Bolivia and Ecuador had formerly been part of bloc-to-bloc talks between the EU and Andean Nations, but the two dropped out, resulting in the commission initiating bilateral discussions with Peru and Colombia instead, a decision criticised by Bolivian vice-minister for foreign affairs Pablo Guzman in the European Parliament last month. Since the start of bilateral talks we have had something of a crisis in the Andean community,he told MEPs in the parliament's trade committee.

Diplomatic service talks proceed in fractious atmosphere
HONOR MAHONY 11.05.2010 @ 18:10 CET

EUOBSERVER / BRUSSELS - Four-way talks on finalising the diplomatic service broke off on Monday evening (10 May) with no real progress between the two main protagonists - EU foreign policy chief Catherine Ashton and the European Parliament.

The two-and-a-half-hour-long debate involving Ms Ashton, two MEPs, Spanish foreign minister Miguel Moratinos and institutional affairs commissioner Maros Sefcovic came no closer to finding a compromise on issues identified by the parliament as being essential for its approval of plans for the new service.Sources close to the discussions suggested the Ashton camp was frustrated at the MEPs' insistence on talking about nitty-gritty details rather than looking to achieve an overall political agreement. From Ms Ashton's point of view, the talks did not go down that well,said an official.The foreign policy chief's blueprint for the service was accepted by member states toward the end of last month. The European Commission has also given its political backing. But the wild card in the negotiations is proving to be the European Parliament.Its co-decision power over changes to the financial and staff regulations - needed to get the service on its feet - gives MEPs a de facto veto. According to the leader of the Liberal faction in the chamber, Guy Verhofstadt, present at Monday's talks, last night's discussion ... has unfortunately not led to any great progress on the EEAS [European External Action Service] dossier.[The parliament] is prepared to move quickly on these issues - and indeed our initial report on the EEAS dates back to October last year - but so far we have seen little sign of movement from the Council, he noted.

Among the most important demands on the parliament's wish-list - there is about 10 issues on the table - is attaching the diplomatic service to the European Commission in budgetary terms and the appointment of political representatives to deputise the ever-busy Ms Ashton.Mindful of the recent EU trend towards intergovernmentalism - agreements between member-state governments rather than ones crafted by EU institutions - MEPs say the service must be attached to the commission, otherwise it risks setting a precedent for other pseudo institutions in charge of spending vast amounts of EU money but outside immediate political control. They are also looking for clarity on who should represent Ms Ashton on foreign policy issues and stand firmly opposed to a civil servant taking on the role.

Concessions

Ahead of the talks Ms Ashton sent a letter to the EP budgetary committee in which she assures the purse-string-holding deputies that parliament will have its full powers of discharge over the EEAS with me in the front line in terms of political accountability.She has also drafted a statement on political accountability, seen by EUobserver, which tackles the 10 issues on the table due to be discussed with parliament. The statement makes some important concessions to the assembly, including pledging that parliament will be consulted on the planning of election observation missions; slightly extending the current system of allowing five MEPs access to classified information to other MEPs on a need to know basis; and giving information about planned common foreign and security policy missions ahead of their deployment.Points that are likely red lines for Ms Ashton, who needs to keep member states on her side, include demands by deputies in the budget committee to limit the room for manoeuvre within the Common Foreign and Security Policy budget by making it much more detailed and by stopping portions of funds from being transferred from one part of a mission to another. Member states are keen to keep the status quo in order to respond quickly to unforeseen events and to prevent MEPs from politicising the CFSP budget.

Looking for a June agreement

For her part, Ms Ashton is keen to get the service fully agreed before EU leaders meet for summit in June so she can start putting the first elements into place before the summer break.In the meeting, [Ms Ashton] put forward a number of new elements that she feels go a long way to meeting parliament's demands, said a spokesperson.She now hopes that the parliament lives up to its responsibilities.
According to an official recounting the position of MEPs, Ms Ashton's political declaration represents a big step forward, although parliament has been asking for this for over three months. But the official pointed to where to put the EAS and the issue of deputies as areas where no significant progress has been made The talks are due to resume in two weeks' time.

Tea Party Clueless About U.S. Tax Dollars Funding Bailout Heist .Silence from anti-tax movement on bailouts is deafening – and dangerous Paul Joseph Watson
Prison Planet.com Tuesday, May 11, 2010

As CNBC hosts Joe Kerne and Rick Santelli pointed out yesterday, the Tea Party movement seems largely clueless about the fact that a huge chunk of the $1 trillion dollar bailout heist being pushed through to save the face of global economic governance is being funded with dollars looted from American taxpayers.Founded on the principle of keeping taxes low for the benefit of the economy, the Tea Party movement has seemingly ignored the biggest and most insidious stealth tax – inflation – which as Ron Paul highlighted yesterday, will only soar as a result of this latest bailout.Could you really tell the American taxpayer, you can connect the dots between them and Greece? I mean are they paying for some lavish benefits in Greece right now? asked CNBC’s Kerne.Well there’s no connect-the-dots, Santelli replied.I mean it is a fact. We contribute a little less than 18 percent to the IMF. And the IMF is pretty much using its entire piggy bank, of course to pledge up to €250 billion, no matter how you slice it, Joe. Eighteen percent of that money, or more, because you know, if they go much beyond this, they’re going to have to replenish the coffers.

And we know that replenishing the coffers means not only raising taxes on Americans but also inventing new ones out of thin air, which will then go straight to the IMF to bankroll the next phase of global governance. It’s not good enough for these people to impose inherently undemocratic centralized systems of economic planning that only they control which then result in lowering your living standards – you have to pay for the whole thing to begin with.In addition to Americans picking up the tab for the IMF’s bailout of Europe, they will also be waving goodbye to further unknown billions in the form of Federal Reserve credit swaps, with the Fed directly sending U.S. dollars to European banks. And don’t believe for a second that you actually have a right to know to which foreign entities these untold billions are heading – because Ben Bernanke refuses to tell us.I don’t think the average Tea Partier knows we’re paying for lavish benefits in Greece for public employees over there, Rick, Kerne said.I think maybe you need to tell them.But it appears as if the Tea Party and the American public as a whole has bailout fatigue and has completely lost track of the trillions stolen from them and the consequences this will have in the not too distant future.Perhaps when the government keeps increasing the retirement age out of their reach, or when they outright pillage their pension funds will Americans finally grasp what all this truly means. Perhaps the drastic cuts in public services, in policing, and further withdrawals from infrastructure and road maintenance funds will create the flash point that will lead to similar scenes we’ve seen in Greece unfolding on American streets.But as it stands, Kerne and Santelli are right, the silence from the Tea Party in reaction to the bailouts is deafening, and if such a meek response is to continue then the entire momentum, purpose and relevance of the movement will quickly begin to dissipate.
Watch VIDEO HERE
http://www.prisonplanet.com/tea-party-clueless-about-u-s-tax-dollars-funding-bailout-heist.html

PLUNGE PROTECTION TEAM-ROBBERY-SDRS

WORLD GOVERNMENT
http://www.youtube.com/watch?v=nnq5cQMiAB8&feature=related
http://britanniaradio.blogspot.com/2009/07/we-are-already-under-global-government.html#links
DICK MORRIS-This truly creates a global economic system. From now on, don’t look to Washington for the rule making, look to Brussels.

EPHESIANS 6:10-13
10 Finally, my brethren, be strong in the Lord, and in the power of his might.
11 Put on the whole armour of God, that ye may be able to stand against the wiles of the devil.
12 For we wrestle not against flesh and blood, but against principalities,(DEMONIC ANGELS IN HIGH PLACES) against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.(SPIRTIUAL DEMONIC PERSONS)
13 Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.

LUKE 4:5-7(BECAUSE SATAN OFFERS WORLD POWER, WORLD ORDERERS HAVE ACCEPTED SATANS GIFT)
5 And the devil, taking him (JESUS) up into an high mountain, shewed unto him all the kingdoms of the world in a moment of time.
6 And the devil said unto him, All this power will I give thee, and the glory of them: for that is delivered unto me; and to whomsoever I will I give it.
7 If thou therefore wilt worship me, all shall be thine.

DANIEL 7:23-25
23 Thus he said, The fourth beast shall be the fourth kingdom upon earth, which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.
24 And the ten horns out of this kingdom are ten kings that shall arise: and another shall rise after them; and he shall be diverse from the first, and he shall subdue three kings.
25 And he shall speak great words against the most High, and shall wear out the saints of the most High, and think to change times and laws: and they shall be given into his hand until a time and times and the dividing of time.

DANIEL 12:4,1
4 But thou, O Daniel, shut up the words, and seal the book, even to the time of the end: many shall run to and fro, and knowledge shall be increased.
1 And at that time shall Michael stand up, the great prince which standeth for the children of thy people: and there shall be a time of trouble, such as never was since there was a nation even to that same time: and at that time thy people shall be delivered, every one that shall be found written in the book.

REVELATION 13:1-3,7,8,12,16-18
1 And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having seven heads and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy.
2 And the beast which I saw was like unto a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and the dragon gave him his power, and his seat, and great authority.
3 And I saw one of his heads as it were wounded to death; and his deadly wound was healed: and all the world wondered after the beast.
7 And it was given unto him to make war with the saints, and to overcome them: and power was given him over all kindreds, and tongues, and nations.
8 And all that dwell upon the earth shall worship him, whose names are not written in the book of life of the Lamb slain from the foundation of the world.
12 And he exerciseth all the power of the first beast before him, and causeth the earth and them which dwell therein to worship the first beast, whose deadly wound was healed.
16 And he causeth all,(WORLD SOCIALISM) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.

REVELATION 17:3,7,9-10,12,18
3 So he carried me away in the spirit into the wilderness: and I saw a woman sit upon a scarlet coloured beast, full of names of blasphemy, having seven heads and ten horns.
7 And the angel said unto me, Wherefore didst thou marvel? I will tell thee the mystery of the woman, and of the beast that carrieth her, which hath the seven heads and ten horns.
9 And here is the mind which hath wisdom. The seven heads are seven mountains, on which the woman sitteth.
10 And there are seven kings: five are fallen, and one is, and the other is not yet come; and when he cometh, he must continue a short space.
12 And the ten horns which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.
18 And the woman which thou sawest is that great city, which reigneth over the kings of the earth.

We shall have World Government, whether or not we like it. The only question is whether World Government will be achieved by conquest or consent.James Paul Warburg appearing before the Senate on 7th February 1950

Like a famous WWII Belgian General,Paul Henry Spock said in 1957:We need no commission, we have already too many. What we need is a man who is great enough to be able to keep all the people in subjection to himself and to lift us out of the economic bog into which we threaten to sink. Send us such a man. Be he a god or a devil, we will accept him.And today, sadly, the world is indeed ready for such a man.

DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.

JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.

EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

REVELATION 13:16-18
16 And he(FALSE POPE) causeth all,(WORLD SOCIALISM) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM


The Financial Oligarchy Reigns: Democracy’s Death Spiral From Greece to the United States Posted on Monday, May 10th, 2010 at 10:20 am.
http://www.infowars.com/high-frequency-terrorism-how-the-big-banks-and-federal-reserve-maintained-their-death-grip-over-the-united-states/

As the Economic Elite continue their plunder, the people in Greece riot and the big banks score yet another big blow against the people of the United States.

——-I: Democracy Vs. Oligarchy: Lessons from History
——-II: The Second Civil War: Financial Reform 2010
——-III: Financial Terrorism Operations: 9/29/08 & 5/6/10
——-IV: Economic Imperialism and Blowback
——-V: Propagandized in America
——-VI: Save Yourself and Take Action

Democracy throughout the world is under attack. Many people can make the argument that our democracy here in America is only an illusion, but even the illusion of democracy is crashing down. Tragedies are currently playing out across the world on an epic scale. Unprecedented economic and environmental catastrophes have become the norm. Billions of people, the overwhelming majority of humanity, have been sentenced to a slow death due to a concentration of wealth and resources within humanity’s economic top 0.5%. Ultimately, short-sighted greed has proven to be humanity’s most severe disease.

I: Democracy Vs. Oligarchy: Lessons from History

The experiment known as democracy is devolving into fascism before our eyes; the iron law of oligarchy is once again asserting itself. From the Founding Fathers on, we have known that you cannot have a concentration of vast wealth and Democracy at the same time - and we currently have the greatest concentration of wealth in the history of the United States. As former Supreme Court Justice Louis Brandeis once said, We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can’t have both.

The power struggle between democracy and the concentration of power represented within private banking interests has been a war raging throughout American history. Our Founders and early Presidents were very explicit in their opposition and our need to vigilantly guard against any private interests who sought control over our economy. In fact, our current crisis and power structure were summed up with stunning accuracy by the Founding Fathers themselves. What James Madison called, the daring depravity of the times. As he described,The stock-jobbers will become the praetorian band of the government, at once its tools and its tyrants, bribed by its largesse, and overawing it by clamors and combinations. Substituting the motive of private interest in place of public duty, leading to a real domination of the few under an apparent domination of the many.

Leave it to Madison, the Father of the Constitution, to give us one of the most prescient quotes on modern-day America you can find. For those of you who have never heard the term stock-jobbers, here’s the definition from a dictionary written in 1811:

Stock Jobbers

Persons who gamble in Exchange Alley, by pretending to buy and sell the public funds, but in reality only betting that they will be at a certain price, at a particular time; possessing neither the stock pretended to be sold, nor money sufficient to make good the payments for which they contract: these gentlemen are known under the different appellations of bulls, bears, and lame ducks.

Yes, even the Founders, long before High Frequency Trading algorithms and derivatives, had a clear understanding and great fear of the casino rigging tyrants in Exchange Alley. Madison also famously said: History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance.

Thomas Jefferson was prophetic in his statements as well: Our country is now taking so steady a course as to show by what road it will pass to destruction, to wit: by consolidation first, and then corruption, its necessary consequence. Jefferson added,I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance.

If that wasn’t clear enough, Jefferson reiterated his conviction: 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 [them] will deprive the people of all property until their children wake-up homeless…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.

One wonders what Jefferson would have to say about our current foreclosure crisis and stock market driven housing crash.

The Founders clearly knew that a concentration of wealth and a centralized banking system were the biggest threats to freedom and democracy. That is why the Founders adamantly opposed a central bank and a paper money system. Several Founders even suggested death as the punishment for any banking interest that wanted to create a centralized paper money system. They agreed that it was inevitably the surest road to tyranny.

Moving forward to our seventh President, Andrew Jackson also hit the nail on the head when he warned, Unless you become more watchful in your states and check this spirit of monopoly and thirst for exclusive privileges, you will in the end find that the most important powers of government have been given or bartered away, and the control of your dearest interests have been passed into the hands of these corporations.

When President Jackson was asked what his greatest accomplishment was during his presidency, he gave a simple and direct four-word answer: I killed the Bank.

Our 16th President, Abraham Lincoln wasn’t as fortunate as Andrew Jackson. It can be argued that the Bank killed Lincoln. He took on the banking interests during the Civil War. The banks were charging the government usurious interest rates on the funds Lincoln needed to fight the war. So Lincoln heeded Thomas Jefferson’s advice and made the bold move of taking on the bankers by creating a new money system and issuing green backs as the new currency. Shortly before he was assassinated, he had this to say:

The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy, and more selfish than bureaucracy. It denounces as public enemies, all who question its methods or throw light upon its crimes. I have two great enemies, the Southern Army in front of me and the Bankers in the rear. Of the two, the one at my rear is my greatest foe.

Lincoln then prophetically added:

I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my Country. Corporations have been enthroned, an era of corruption in high places will follow, and the money power of the Country will endeavor to prolong its reign by working upon the prejudices of the People, until the wealth is aggregated in a few hands, and the Republic is destroyed.

Many will argue that Lincoln was proved right and the Republic was destroyed some years later in 1913, when the Federal Reserve Act was signed into law. In 1913, U.S. Congressman Charles Lindbergh famously argued: The [Federal Reserve] Act establishes the most gigantic trust on earth. When the President signs this Bill, the invisible government of the monetary power will be legalized. The greatest crime of the ages is perpetrated by this banking and currency bill…. From now on, depressions will be scientifically created.

In fact, President Woodrow Wilson, in 1916, looking back at his signing of the Federal Reserve Act in 1913, considered it the most tragic and biggest mistake of his presidency and said this:

I am a most unhappy man. I have unwittingly ruined my country. A great industrial Nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the Nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the world, no longer a Government of free opinion, no longer a Government by conviction and vote of the majority, but a Government by the opinion and duress of a small group of dominant men.

And, of course, the Federal Reserve Act came as Wall Street’s backlash against Wilson’s two trust busting predecessors, Presidents Theodore Roosevelt and Howard Taft. In a situation much like our current crisis, Roosevelt brazenly took on JP Morgan and friends and declared: Corporation cunning has developed faster than the law of nation or state. Corporations have found ways to steal long before we have found that they were susceptible to punishment for theft. But sooner or later, unless there is a season of readjustment, there will come a riotous, wicked, murderous day of atonement…. These fools on Wall Street think that they can go on forever! They can’t!

Even the famed economist John Maynard Keynes, the Founding Father of our modern economy, summed it up for us this way: The ideas of economists… are more powerful than is commonly understood. Indeed, the world is ruled by little else.

The evident lesson from history to take away from all this, is that it has been clearly understood that whoever controls the money supply and economy, controls the country. No matter what form or type of government you have, if the economy is run by a private interest, you live in a Fascist society. Or as President Franklin D. Roosevelt put it: The liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic state itself. That, in its essence, is fascism — ownership of government by an individual, by a group, or any controlling private power.

As the former populist Senator Huey Long once said, When fascism comes to America, it will come in the form of democracy.

II: The Second Civil War: Financial Reform 2010

Most Americans aren’t even aware of the profound implications in the battle being fought on Capitol Hill right now. In the wake of our economic crisis, the financial reform bill has become a critical defining moment in American history. This brings us right into the throes of another pivotal war for the very soul of America, once again pitting concentrated power against American democracy.

After two years since our economic crisis began, people who spend time objectively researching our economic system know what needs to be done to protect the future and general economic security of the American people. There are clearly crucial common-sense measures that must be taken.

On the evening of May 6th, 2010, one of the most vital battles of this war came to the Senate floor, the amendment to break up the too big to fail banking interests. The amendment was voted down and the American people were dealt a severe blow, as our democracy was publicly exposed as a mere charade.

The primary reason why 99% of the American population is experiencing the beginning phase of their downward shift in living standards, and the reason the free market and our government have become a farce, as our Forefathers warned, is because large politically-dominate bankers have become so powerful that they are able to rig the market and economic system in their favor and eliminate competition.

To break it down statistically, when six inter-connected banks, all organized in the Federal Reserve system, control over 60% of GDP and have the power to issue currency, competition is impossible. The game is over. They wield so much power that society and government are effectively captured and dominated by this Oligarchy.

Just as the Founders had feared and warned against, these six banks, along with their centralized Federal Reserve system, have concentrated wealth and power and now work together to control the economy and money supply, and therefore control politicians through legalized bribery (campaign finance and lobbying). Or as James Madison put it, our politicians have been bribed by its largesse, and overcome by clamors and combinations.

As former Harvard University President Abbott Lowell made clear back in 1926, Popular election, it is said, may work fairly well as long as those questions are not raised which cause the holders of wealth and industrial power to make full use of their opportunities. But if the rich people in any modern state thought it worth their while… there is so much skill to be bought, and the art of using skill for production of emotion and opinion has so advanced, that the whole condition of political contests would be changed for the future.

Key point: as long as those questions are not raised…

Quite clearly, the most important questions are now not only being raised, they are being debated and voted upon on the floor of the U.S. Senate. So this hidden power, and their ownership of Government, has now come to the forefront and been exposed for all to see. Let’s look behind the curtain and reveal who the political puppets truly are. Here is a list of the 61 Senators who voted against the interests of the American people and in favor of the Financial Oligarchy. This vote has given us the clearest view of who our enemies really are:

Akaka (D-HI)
Alexander (R-TN)
Barrasso (R-WY)
Baucus (D-MT)
Bayh (D-IN)
Bennet (D-CO)
Bond (R-MO)
Brown (R-MA)
Brownback (R-KS)
Burr (R-NC)
Carper (D-DE)
Chambliss (R-GA)
Cochran (R-MS)
Collins (R-ME)
Conrad (D-ND)
Corker (R-TN)
Cornyn (R-TX)
Crapo (R-ID)
Dodd (D-CT)
Enzi (R-WY)
Feinstein (D-CA)
Gillibrand (D-NY)
Graham (R-SC)
Grassley (R-IA)
Gregg (R-NH)
Hagan (D-NC)
Hatch (R-UT)
Hutchison (R-TX)
Inhofe (R-OK)
Inouye (D-HI)
Isakson (R-GA)
Johanns (R-NE)
Johnson (D-SD)
Kerry (D-MA)
Klobuchar (D-MN)
Kohl (D-WI)
Kyl (R-AZ)
Landrieu (D-LA)
Lautenberg (D-NJ)
LeMieux (R-FL)
Lieberman (ID-CT)
McCain (R-AZ)
McCaskill (D-MO)
McConnell (R-KY)
Menendez (D-NJ)
Murkowski (R-AK)
Nelson (D-FL)
Nelson (D-NE)
Reed (D-RI)
Risch (R-ID)
Roberts (R-KS)
Schumer (D-NY)
Sessions (R-AL)
Shaheen (D-NH)
Snowe (R-ME)
Tester (D-MT)
Thune (R-SD)
Udall (D-CO)
Voinovich (R-OH)
Warner (D-VA)
Wicker (R-MS)

These are the 61 Senators who sold out the American people and voted their allegiance to the Economic Elite. These Senators not only voted against the American people, they voted against the fundamental structure of a democratic society and free market.

If the American people don’t wake up and realize what is at stake here, and urgently start to defend themselves and take action, as bad as the past two years have been, we are going to be in a much worse situation in the near future. The Wall Street Elite are not messing around. They are launching serious attacks upon an unsuspecting American public.

III: Financial Terrorism Operations: 9/29/08 & 5/6/10

In the aftermath of Goldman Sachs’ public flogging before the world in Congress, and while under investigation, on the very day that Congress was voting on the break up the too big to fail banks amendment and cutting behind the scenes deals to gut the audit of the Federal Reserve, the stock market had its greatest sudden drop in history, plummeting 700 points in ten minutes - shades of September 29, 2008 all over again.

If you recall, back in September ‘08, as Congress was voting down the first bailout, the big banks made the market plunge a record 778 points in one day. Fear and panic then led Congress to pass the bailout. Trillions of our tax dollars, the money that we desperately need to keep our society functioning over the long run, then went out the window and into the pockets of the very people who caused the crash.

What happened on September 29, 2008 will go down in history as one of the greatest acts of terrorism ever.

9/29/08 proved that when you have so much power concentrated in the hands of a few, you can manipulate a computer algorithm and make the market and economy go whichever way you want it to go. So on 5/6/10, just as the power of the big banks was again threatened on the floor of the Senate and a deal on auditing the Federal Reserve was being negotiated, in came a sudden and unprecedented ten-minute 700 point market drop, a precision-guided High Frequency Trading (HFT) attack to show Congress who’s boss.

If you think the massive sudden drop happened because one lowly trader hit one wrong button, if you actually believe that the entire stock market can plunge because of one mistaken key stroke by a low-level trader, you are stunningly naïve. I hate to burst your bubble, but this was a direct attack.

In a market where 70% of all trades are executed by computer algorithms via High Frequency Trading (HFT), Goldman Sachs has the power to make the market crash or rise at will. In fact, Goldman has a major Weapon of Mass Destruction in its Program Trading monopoly of the New York Stock Exchange, as Tyler Durden described on Zero Hedge:

Goldman’s dominance of the NYSE’s Program Trading platform, where in addition to recent entrant GETCO, it has been to date an explicit monopolist of the so-called Supplementary Liquidity Provider program, a role which affords the company greater liquidity rebates for, well providing liquidity, and generating who knows what other possible front market-looking, flow-prop integration benefits. Yesterday [5/6/10], Goldman’s SLP function was non-existent. One wonders - was the Goldman SLP team in fact liquidity taking, or to put it bluntly, among the main reasons for the market collapse….

… here is the most recently disclosed NYSE program trading data….

What is notable here is that of the 1.4 billion in principal shares, or shares traded for the firm’s own account, Goldman was the top trader by a margin of over 100% compared to the second biggest program trader.

We have long claimed that Goldman is the de facto monopolist of the NYSE’s program trading platform. As such, it is certainly the case that Goldman was instrumental in either a) precipitating yesterday’s crash or b) not providing the critical liquidity which it is required to do, when the time came. There are no other options.

For further investigation, I turned to Max Keiser, who has written and authored similar Program Trading and HFT computer algorithms. I asked him if he thought this was an attack. Here is what he had to say:

May 6th was an unequivocal act of domestic financial terrorism in America. A day that will live in infamy.

To scare the lawmakers, themselves large owners of the very banks and stocks that they are supposed to be regulating, a financial Weapon of Mass Destruction was put to their head and they acquiesced.

As the inventor of the continuous double-auction, market-making technology (VST tech. US pat. no. 5950176) that is referenced 132 times by program trading and HFT patents since 1996, I can tell you that Goldman, JP Morgan and the gang simply pulled the buys from their computer trading programs and manufactured a crash. And when the coast was clear, and it was clear the politicians were not going to vote for anything that would break up the too big to fail banks, all the sells were pulled from the computers and the market roared back.

This is a Manchurian Candidate market where program trading bots start the ball rolling in whatever direction Wall St. wants the market to go - and then hundreds of thousands of day-traders watching Cramer on CNBC jump on the momentum bandwagon and commit the crime for the Wall St. financial terrorists, who then say, It wasn’t us, it was the market!

On Friday, the next day, after the break up the too big to fail banks amendment was soundly defeated by a 61 to 33 margin in Senate and a deal was struck to eliminate key provisions from the audit of the Federal Reserve bill, Goldman was meeting with the SEC to work out a settlement in their case against them. Once again, Goldman proves that crime pays. Welcome to the New Mafia World Order.

Other than the two major operations carried out on 9/29/08 and 5/6/10, we must also recall a smaller attack on January 21st and 22nd of 2010, when Obama had a press conference and came out in favor of the Volcker Rule, which would have limited these HFT and proprietary trading schemes. At that time, the market dropped 430 points. Soon after this attack, all follow-up talk on the Volcker Rule faded away and this reform has not been seriously addressed by Obama since then.

The bottom line: the United States has been taken over by a financial terrorism network. Let’s face it, we are all hostages of these financial terrorists and their puppet politicians would rather be in on the scam than defend our interests. If these terrorists don’t get their way at all times, they have the power to throw their tremendous weight around and turn millions of lives upside down in a matter of minutes and, as they have shown, they have no hesitation in executing that power, no matter how many millions of lives they destroy.

They set off this crisis with a wave of bombings in their initial Economic Shock and Awe campaign two years ago, resulting in massive devastation. Just to name a few of their greatest hits within the U.S.:

-50 million Americans are now living in poverty, which is the highest poverty rate in the industrialized world;
-30 million Americans are in need of work;
-Five million American families foreclosed upon, 15 million expected by 2014;
-50% of US children will now use a food stamp during childhood;
-Soaring budget deficits in states across the country and a record high national debt, with austerity measures on the way;
-Record-breaking profits and bonuses for themselves.

Like other terrorists, they don’t use IEDs, they use CDOs. They don’t use precision laser-guided missiles, they use High Frequency Trading. They don’t have WMDs, they have derivatives. Let’s also not forget that they have toxic assets and dirty debt bombs just waiting to be deployed upon the American public once there is any true growth in the economy. Their nuclear arsenal includes hundreds of Trillions in secretive derivatives and hidden debt bombs, just ticking away, waiting to be set off… at their whim…

IV: Economic Imperialism and Blowback

These same Financial Oligarchs who have been terrorizing America have unleashed vicious attacks all over the world for years now. Ironically, the latest attack is being carried out on the country that was the birthplace of democracy. Greece is now on fire, people are rioting and storming parliament, the financial terrorists have dropped a debt bomb on Greece and harsh austerity measures are being thrust upon the Greek people.

As UK Guardian reporter Poul Rasmussen described it, the Greek economy is being water-boarded. His reporting gives a glimpse into the Financial Oligarchy’s master plan:

The austerity measures forced on to the Greeks are not only unfair, they set a bad precedent for the rest of Europe. The EU Conservative majority is trying to use these kinds of austerity measures to force through social cutbacks across Europe. This is but a cynical attempt to roll back fundamental social standards. It does not even make financial sense as it would force thousands into the grey economy – one of the structural causes of the crisis in the first place – or even worse, would force them into abject poverty.

The big banks, through the International Monetary Fund (IMF), their ultimate imperialism organization, are now in the process of turning Greece into a debt slave nation, yet another of many countries to fall under the brutal grip of the IMF.

For those of you who haven’t been following world affairs since World War II, imperialism never disappeared from the world. It just evolved. You don’t have to enslave populations through brute force; you can now do it through policy, conquering nations through Structural Adjustment Programs (SAPs). As President John Adams once said, There are two ways to conquer and enslave a nation. One is by sword. The other is by debt.

So once again, Greece is leading the way for us, showing us what our future may hold. This time, however, the lesson isn’t democracy; it’s rebelling against neo-feudalistic economic terrorism.

This is the exact economic terrorism that has blown back to the United States in the bailout. Again, history teaches us a valuable lesson. Once empires have conquered the third and developing world, they then turn on their own population, in an orgy of greed and the quest for total unfettered world domination.

As the Greeks are demonstrating, democracy is not a spectator sport. It’s time for us to grow up as a nation and turn off the Disneyland illusion machine (TV) and stand up for ourselves.

V: Propagandized in America

Part of the reason we are in this mess, and the main reason why the American people don’t even know what is happening to them, is that the illusion machine (television) has removed the American population tragically far from reality. The gap between the news we see on TV, and what is actually happening in the world today, is the most severe it has ever been. We have been bred to be completely removed from reality. As famed American philosopher and psychologist John Dewey once said, We live exposed to the greatest flood of mass suggestion that any people has ever experienced.

The American people need to understand that creating, manipulating and controlling public opinion through mass media propaganda is a science. As social psychologist Kelton Rhoads wrote in his study, Universal Persuasion, Everyday Influence:

“Make no mistake. There are legions of influence agents operating in our society. They thrive — they exist at the pinnacles of power — by getting you to think things and to do things they want you to think and do… Most people are either unaware of these influences, or when they are, vastly overestimate the amount of freedom they have to make up their own minds. But the successful influence agent knows that if he can manage the situation and choose the correct technique, your response to his technique will be as reliable as the springing of a mousetrap.

People with power have used this science to divide and conquer the United States. In 1923, Edward Bernays, the Godfather of propaganda wrote: Propaganda is the executive arm of the invisible government. William Blum in Rogue State wrote: Propaganda is to a democracy what violence is to a dictatorship. Harold Lasswell in 1927 declared: The new antidote to willfulness is propaganda. If the mass will be free of chains of iron, it must accept its chains of silver. If it will not love, honor, and obey, it must not expect to escape seduction.

In an extensive study on propaganda, which is also one of the most insightful looks into our modern-day technological society, sociologist Jacques Ellul wrote:

Governmental propaganda suggests that public opinion demand this or that decision; it provokes the will of a people, who spontaneously would say nothing. But, once evoked, formed, and crystallized on a point, that will becomes the peoples will; and whereas the government really acts on it’s own, it gives the impression of obeying public opinion – after first having built that public opinion. The point is to make the masses demand of the government what the government has already decided to do.

Famed British philosopher Bertrand Russell summed up the importance of propaganda this way: It is much easier than it used to be to spread misinformation, and, owing to democracy, the spread of misinformation is more important than in former times to the holders of power.

Speaking of the holders of power, for another historical lesson in how much effort powerful interests put into dominating mass media and controlling public opinion, consider Congressman Oscar Callaway’s report to Congress in 1917 on JP Morgan’s master plan, which has been in effect since 1915:

In March, 1915, the J.P. Morgan interests, the steel, shipbuilding, and powder interest, and their subsidiary organizations, got together 12 men high up in the newspaper world and employed them to select the most influential newspapers in the United States and sufficient number of them to control generally the policy of the daily press. They found it was only necessary to purchase the control of 25 of the greatest papers. An agreement was reached. The policy of the papers was bought, to be paid for by the month, an editor was furnished for each paper to properly supervise and edit information regarding the questions of preparedness, militarism, financial policies, and other things of national and international nature considered vital to the interests of the purchasers.

Now consider why it is that so many of the most significant issues and problems facing American society are rarely, if ever, discussed on U.S. television…

I could go on for hours about how mass media propaganda is used to manipulate, confuse, distract and divide us. We, as a population, have been acting against our own interests and fighting amongst ourselves, while the Economic Elite, who control our society and media system, are left unquestioned and unchallenged, operating behind the scenes, beyond the spotlight, above the law, concentrating wealth and resources, at our expense, in unprecedented fashion.

For a painfully obvious example, on the day that the crucial break up the banks amendment went to the Senate floor, a deal to gut the vital bill to audit the Federal Reserve was struck; the market had a record-breaking drop; Greece was burning and oil was spewing all over the Gulf of Mexico. I couldn’t believe the amount of historically significant news that was occurring! It was Shakespeare on steroids! I turned on the TV news networks and the coverage primarily focused on two things. One: an old football player, albeit one of the greatest ever, allegedly raped and beat a 16 year old girl. Two: a male anti-gay activist rented a boy prostitute.

Tweet this: OMG! What a sign of the times!

Never mind an economic crisis that affects millions. Never mind one of the greatest environmental disasters of all time. Never mind the historic vote on a Senate amendment that will have a profound effect on our economic well-being and possibly break up the Financial Oligarchy that caused our crisis and holds our nation hostage. Never mind the behind-the-scenes dealings to gut the audit of the Federal Reserve that secretly dished out trillions of taxpayer dollars.

While Rome burns, the mainstream media distracts us and spins the economic devastation as business as usual, nothing to be worried about. Yeah, the BS unemployment rate went up, but it’s good news people! Good times ahead, so go invest in some stocks and go buy yourself something special at the mall.

Other than to create and control popular opinion and keep us politically passive, the mainstream media exists to keep people consuming and spending their hard-earned money. That is the bottom line.

Every time you turn on the TV, you have to realize that the entire mass media system is an elaborate psychological operation to keep you passive and make you feel secure in spending your money. That’s why TV pundits and talking heads are paid huge salaries; they are experts in duping us and playing us for fools. We are all being played. We aren’t free citizens; we are indebted wage slaves. That may sound much too harsh for a population that has been propagandized for hours a day, every day of our lives, but it is the truth. As the brilliant John Dewey said, We live exposed to the greatest flood of mass suggestion that any people has ever experienced.

Who needs reality when you have American Idol, Disneyland and celebrity sex scandals?

Until we can block out these distractions and face reality, our future and living standards will continue to spiral downward.

VI: Save Yourself and Take Action

If you’re waiting on the Government to help you, you’re going to end up with the short end of the stick yet again. The Government is not on our side. In fact, just like Goldman Sachs, they are betting against us and shorting us, as the financial reform process is proving. Our government officials have been bought off and are on the side of the Oligarchs.

In life, things are rarely black and white; most situations usually have many gray areas. Unfortunately, this is not one of those situations. Either we all unite on common ground and STAND UP together as a mass non-violent movement now, or we descend further into a death spiral that will eventually lead to rioting and mass violence, as the 50 million Americans who are now desperately fighting for survival continue to be ignored, until they act out, just as they have done the world over. Suicide bombings, like the one that hit the IRS building in Texas, will occur more frequently. Next time, exploited and foreclosed-upon American citizens will not fail in their bombing attempts. The situation we are in now has many precedents in history and currently around the world. On a sociological level, we know what the future will hold for a society with such devastating inequalities and such a high number of desperate citizens living in dire straits.

As Guy DeBord summed it up: The economy has now come to declare open war on humanity, attacking not only our possibilities for living, but our chances of survival…. When an all-powerful economy lost its reason - and that is precisely what defines these spectacular times.

In conclusion, my main message is not one of despair. I know the game is rigged against us, but I also know that we ultimately have the power. We are 99% of the population. It’s just a matter of organizing together and exercising our will. It comes down to our ability to inform and inspire our family, friends and neighbors. It comes down to us overcoming our own passive unwillingness to STAND UP for our own rights, which is part of the reason we are in this crisis to begin with. We are at a point in American history where the stakes have never been higher. I wish we could just turn away and ignore it, but I know we can’t. Our very way of life is under attack. It is the very unfortunate reality of our current crisis.

Will we WAKE UP and acknowledge this, or will we continue to sleepwalk in ignorance to a slow death?

The Financial Oligarchy and their puppet politicians are betting that we will remain passive and accept a severe reduction in our standard of living. On a personal level, I’m going all in on the side of the American people. So from this point forward, I am dedicating myself to a mobilization to SAVE OUR ECONOMY AND DEMOCRACY from the Financial Oligarchy that has seized it.I hope that those of you who are aware will do the same. You can get more information on the Mobilization for Our Economy here: http://ForOurEconomy.org/

PLUNGE PROTECTION TEAM WEBSITE
http://plungeteam.com/default.aspx
VIDEOS ABOUT PLUNGE PROTECTION TEAM
http://www.youtube.com/watch?v=X06kz9dzXho
ROBBERY
http://www.youtube.com/watch?v=FOENajeR2qE&feature=player_embedded

WHO ARE THE CURRENT PLUNGE PROTECTION TEAM.BOB RUBEN,TIM GEITHNER(TWINKLE TOES),BEN BERNANKE(HELCOPTER BEN).THE MAGIC CASH APPEARS TO BANKS AROUND THE WORLD AFTER THE STOCK MARKET LOSES BIG,LIKE LAST THURSDAY.

Secrets Of The Plunge Protection Team - The Four Derivative US Dictators
By Michael Edward 5-13-4

There are just four people who control all of the U.S. markets through their use of dangerous and explosive DERIVATIVES. They are risking the assets and retirement funds of all Americans. Because of their manipulations, especially since 2001, U.S. financial markets are now based on the gambling whims of a special fraternity of Federal Government DERIVATIVE dealers.

This group is known among Wall Street as the Plunge Protection Team (PPT). Their official role was to prevent another 1987 Black Monday. They have the entire U.S. Treasury at their disposal to manipulate the markets through DERIVATIVES (futures options). In other words, they are using the assets behind the U.S. Treasury to rig the prices of commodites (gold, currencies, etc.) and stocks.

This fraternity comprises of Fed Chairman Alan Greenspan, the Secretary of the Treasury, and the heads of the SEC and the Commodity Futures Trading Association. It works closely with all the U.S. exchanges and Wall Street banks, including the largest DERIVATIVE risk holders Citibank and JP Morgan Chase. Few people are aware of Executive Order 12631 signed by Ronald Reagan on March 18, 1988. In a nut shell, this is the authority behind the four dictators and the [sic] laws and regulations that have backed their casino-style DERIVATIVE gambling spree since 2001. Here are some highlights of this Executive Order to ponder: Executive Order 12631 - Working Group on Financial Markets - Mar. 18, 1988; 53 FR 9421, 3 CFR, 1988 Comp., p. 559.

By virtue of the authority vested in me as President by the Constitution and laws of the United States of America, and in order to establish a Working Group on Financial Markets, it is hereby ordered as follows: Section 1. Establishment. (a) There is hereby established a Working Group on Financial Markets (Working Group). The Working Group shall be composed of:

(1) the Secretary of the Treasury, or his designee; (2) the Chairman of the Board of Governors of the Federal Reserve System, or his designee; (3) the Chairman of the Securities and Exchange Commission, or his designee; and (4) the Chairman of the Commodity Futures Trading Commission, or her designee.

Section 2. Purposes and Functions. (a) Recognizing the goals of enhancing the integrity, efficiency, orderliness, and competitiveness of our Nation's financial markets and maintaining investor confidence, the Working Group shall identify and consider:

(2) the actions, including governmental actions under existing laws and regulations (such as policy coordination and contingency planning), that are appropriate to carry out these recommendations.

(b) The Working Group shall consult, as appropriate, with representatives of the various exchanges, clearinghouses, self-regulatory bodies, and with major market participants to determine private sector solutions wherever possible.

Section 3. Administration. (c) To the extent permitted by law and subject to the availability of funds therefore, the Department of the Treasury shall provide the Working Group with such administrative and support services as may be necessary for the performance of its functions.

Get out of the markets before the inflated DERIVATIVE bubble bursts

The pre-911 U.S. markets showed an astounding - yet confounding and puzzling - rise for the 4 months proceeding 911. The U.S. media dubbed it a patriotic rally. The European Press called it a PPT [Plunge Protection Team] rally. Obviously, the U.S. markets were manipulated and rigged to an inflated value in advance of the 911 disaster. Was this a coordinated measure in anticipation of what was to come? Only The Powers That Be can answer that question directly.Since 911, there have been at least three major long-term stock market rallies. In all 3 instances, when the markets opened all the indexes began to quickly plunge. In each incidence, by early afternoon the markets were brought back from the brink of collapse to the surprise of everyone, including historical analysts.An event that should have sent markets spiraling downward was the Enron, et al, unprecedented corporate accounting scandals. Yet despite this, an unprecedented accross-the-board markets rally began on July 24, 2002. Once again, the European Press called it a PPT rally.

Outside the U.S., it's no secret who is behind these secretive no-name purchases of high risk DERIVATIVE gambling wagers:On September 16th, 2001, The Guardian reported that a secretive committee... dubbed the plunge protection team... is ready to coordinate intervention by the Federal Reserve on an unprecedented scale. The Fed, supported by the banks, will buy equities from mutual funds and other institutional sellers...On Feb 21, 2002, the Financial Times featured an article about Japan's Stock Buying Body. The article stated that ...government backed equity markets, as Japan has recently become aware, do not work... Plunge protecting the world's markets may be a hazardous pursuit.In each of these occurances, a large no-name buyer in the futures market secretly plunged in and bought up massive quantities of DERIVATIVES through banking groups such as JP Morgan. These were completely reckless gambling bets that the futures index [S&P] would rise even though it was obvious that it was going to fall. Because such a large amount of money was wagered on the S&P's rise, in each instance, it reversed the market's free-fall.

At the Federal Open Market Committee meeting on Jan 29-30, 2002, the Federal Reserve System (Greenspan) openly discussed the use of unconventional methods to stimulate the economy. Recently, the Financial Times of London quoted an anonymous U.S. Fed official who stated that one of the extraordinary measures considered in January 2004was buying U.S. equities.These gambling interventions by the Four Financial Dictators have successfully brought the markets back each time... despite the inflated financial realities that existed. The purchase of these gambling DERIVATIVES at a great loss have transformed each market crisis into a rally. By manipulating the markets in this way, they have further inflated the highly overvalued market indexes.Perhaps Americans can now understand why the major U.S. banks, such as JP Morgan, are holding TRILLIONS of gambling derivatives on their books as the PPT group of four use them to rig the markets. Sooner or later, these market fixes will no longer hold the bubble from bursting.Thus, we have witnessed the creation and growth of the financial bubble that is on the brink of explosion... and we know who rigs and controls the markets to create this inflated bubble of gambling debt.

Paper Stocks Rise as Metals Loose - PTT Rigging is Obvious

In the same motus opperandi, the PPT group of 4 are currently buying metals futures (DERIVATIVES) in great amounts on the New York and Chicago exchanges. For the past two weeks, they have created a loss in silver and gold indexes by purchasing (at U.S. taxpayer's expense) large gambling bets (derivatives) against the true value of intrinsic metals.The result is that they have rigged the value of metals to discourage investors from purchasing gold and silver instead of U.S. Federal Reserve Notes. This is a measure by the PPT to plug a large hole in the bursting dam of the financial bubble, but even Hans Brinker cannot stop this leak.The bottom line? Stick with history and prepare for the financial explosion. When the bubble deflates and pops, economic deflation will control our daily lives. The PPT cannot continue to spend what it doesn't have. The retirement funds they are borrowing from are already exhausted. Get yourself some gold and silver... it will buy your bread to survive in the coming future... while paper Federal Reserve Notes will burn in your furnace to heat your homes.http://worldvisionportal.org/wvpforum/viewtopic.php?t=204

IMF DOES SHARECROPPING
sharecropping DODGE.ca/ontariooffers
http://www.answers.com/topic/sharecropping

[derived from S.E. sharecropping, the practice of tenant farmers paying a portion of their crop in rent] the practice of writing fiction set in a universe created by, and usually under license to, another (typically more established) author.[Gardner Dozois, in an email to the OED, says that he did not coin this term.]

-2004 B. Stableford Historical Dictionary of SF Literature № 15: He lent the selling power of his name to a large number of sharecropping works by other hands, including Foundation novels.

IMF SDR STORIES
http://www.imf.org/external/np/sec/pr/2009/pr09283.htm
http://www.imf.org/external/np/exr/faq/sdrallocfaqs.htm
http://www.imf.org/external/np/tre/sdr/proposal/2009/0709.htm
http://www.imf.org/external/np/pp/eng/2009/071609.pdf
http://www.imf.org/external/np/fin/data/rms_sdrv.aspx

THE PLUNGE TEAM WANTS A ONE CASHLESS SOCIETY FIRST PROBABLY SDRS SYSTEM,THEM MICROCHIP IMPLANT SYSTEM LEAD BY THE EUROPEAN UNION.

Factsheet Special Drawing Rights (SDRs) January 31, 2010
http://www.imf.org/external/np/exr/facts/sdr.htm

The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries' official reserves. Its value is based on a basket of four key international currencies, and SDRs can be exchanged for freely usable currencies. With a general SDR allocation that took effect on August 28 and a special allocation on September 9, 2009, the amount of SDRs increased from SDR 21.4 billion to SDR 204.1billion (equivalent to about $ 321 billion).

The role of the SDR
The SDR was created by the IMF in 1969 to support the Bretton Woods fixed exchange rate system. A country participating in this system needed official reserves—government or central bank holdings of gold and widely accepted foreign currencies—that could be used to purchase the domestic currency in foreign exchange markets, as required to maintain its exchange rate. But the international supply of two key reserve assets—gold and the U.S. dollar—proved inadequate for supporting the expansion of world trade and financial development that was taking place. Therefore, the international community decided to create a new international reserve asset under the auspices of the IMF.However, only a few years later, the Bretton Woods system collapsed and the major currencies shifted to a floating exchange rate regime. In addition, the growth in international capital markets facilitated borrowing by creditworthy governments. Both of these developments lessened the need for SDRs.

The SDR is neither a currency, nor a claim on the IMF. Rather, it is a potential claim on the freely usable currencies of IMF members. Holders of SDRs can obtain these currencies in exchange for their SDRs in two ways: first, through the arrangement of voluntary exchanges between members; and second, by the IMF designating members with strong external positions to purchase SDRs from members with weak external positions. In addition to its role as a supplementary reserve asset, the SDR, serves as the unit of account of the IMF and some other international organizations.

Basket of currencies determines the value of the SDR
The value of the SDR was initially defined as equivalent to 0.888671 grams of fine gold—which, at the time, was also equivalent to one U.S. dollar. After the collapse of the Bretton Woods system in 1973, however, the SDR was redefined as a basket of currencies, today consisting of the euro, Japanese yen, pound sterling, and U.S. dollar. The U.S. dollar-value of the SDR is posted daily on the IMF's website. It is calculated as the sum of specific amounts of the four currencies valued in U.S. dollars, on the basis of exchange rates quoted at noon each day in the London market.

The basket composition is reviewed every five years by the Executive Board to ensure that it reflects the relative importance of currencies in the world's trading and financial systems. In the most recent review (in November 2005), the weights of the currencies in the SDR basket were revised based on the value of the exports of goods and services and the amount of reserves denominated in the respective currencies which were held by other members of the IMF. These changes became effective on January 1, 2006. The next review will take place in late 2010.

The SDR interest rate
The SDR interest rate provides the basis for calculating the interest charged to members on regular (non-concessional) IMF loans, the interest paid and charged to members on their SDR holdings and charged on their SDR allocations, and the interest paid to members on a portion of their quota subscriptions. The SDR interest rate is determined weekly and is based on a weighted average of representative interest rates on short-term debt in the money markets of the SDR basket currencies.

SDR allocations to IMF members
Under its Articles of Agreement, the IMF may allocate SDRs to members in proportion to their IMF quotas. Such an allocation provides each member with a costless asset. However, if a member's SDR holdings rise above its allocation, it earns interest on the excess; conversely, if it holds fewer SDRs than allocated, it pays interest on the shortfall.

There are two kinds of allocations:

General allocations of SDRs. General allocations have to be based on a long-term global need to supplement existing reserve assets. Decisions to allocate SDRs have been made three times. The first allocation was for a total amount of SDR 9.3 billion, distributed in 1970-72 in yearly installments. The second allocation, for SDR 12.1 billion, was distributed in 1979–81 in yearly installments.

The third general allocation was approved on August 7, 2009 for an amount of SDR 161.2 billion and took place on August 28, 2009. The allocation increased simultaneously members’ SDR holdings and their cumulative SDR allocations by about 74.13 percent of their quota.

Special allocations of SDRs. A proposal for a special one-time allocation of SDRs was approved by the IMF's Board of Governors in September 1997 through the proposed Fourth Amendment of the Articles of Agreement. Its intent is to enable all members of the IMF to participate in the SDR system on an equitable basis and correct for the fact that countries that joined the Fund after 1981—more than one-fifth of the current IMF membership—had never received an SDR allocation.

The Fourth Amendment became effective for all members on August 10, 2009 when the Fund certified that at least three-fifths of the IMF membership (112 members) with 85 percent of the total voting power accepted it. On August 5, 2009, the United States joined 133 other members in supporting the Amendment. The special allocation was implemented on September 9, 2009. It increased members' cumulative SDR allocations by SDR 21.5 billion using a common benchmark ratio as described in the amendment.

Buying and selling SDRs
IMF members often need to buy SDRs to discharge obligations to the IMF, or they may wish to sell SDRs in order to adjust the composition of their reserves. The IMF acts as an intermediary between members and prescribed holders to ensure that SDRs can be exchanged for freely usable currencies. For more than two decades, the SDR market has functioned through voluntary trading arrangements. Under these arrangements a number of members and one prescribed holder have volunteered to buy or sell SDRs within limits defined by their respective arrangements. Following the 2009 SDR allocations, the number and size of the voluntary arrangements has been expanded to ensure continued liquidity of the voluntary SDR market.

In the event that there is insufficient capacity under the voluntary trading arrangements, the Fund can activate the designation mechanism. Under this mechanism, members with sufficiently strong external positions are designated by the Fund to buy SDRs with freely usable currencies up to certain amounts from members with weak external positions. This arrangement serves as a backstop to guarantee the liquidity and the reserve asset character of the SDR.

IMF MEETING PRESS CONFERENCE
http://www.imf.org/external/mmedia/view.aspx?vid=83330291001

IMF Says Moderate and Uneven Recovery Taking Shape Across Europe
Press Release No. 10/189 May 11, 2010

A moderate and uneven recovery is taking shape across Europe, supported by the rebound in global trade and policy stimulus, the International Monetary Fund (IMF) says in its latest Regional Economic Outlook for Europe. Growth in the region is expected to pick up during 2010–11, but the traditional drivers of recovery are likely to be weaker than usual. In the near term, growth will continue to benefit from exports, fiscal support (including from lagged stimulus measures such as infrastructure investment), and an upswing in inventories. Improvements in investor and consumer confidence should raise domestic demand. However, with unemployment expected to increase, and with lingering difficulties in the banking sector likely to restrain credit supply, consumption and investment will remain lackluster.

Fiscal policy protected aggregate demand and private consumption from the full impact of the shock through discretionary stimulus and automatic stabilizers. Although supportive macroeconomic policies are still needed to secure a self-sustaining recovery, the costs and limits of many crisis interventions are of growing concern. Such concerns are most prominent on the fiscal side, but they exist as well for monetary and financial policies. Aiming to stabilize public debt in the short run is neither feasible nor desirable, given the risk of a relapse into recession and the magnitude of the required fiscal retrenchment. However, sustainability indicators are flashing warning signs over public debt levels in most countries, and sizable consolidation efforts are needed in the medium term. For countries with already low fiscal credibility, more immediate consolidation is a must.

For emerging Europe, the key policy challenge will be attracting and harnessing healthy capital inflows to restore economic growth. After a long period of relatively large and seemingly unstoppable inflows, the region saw capital inflows decelerate as the crisis took hold. The uneven impact of the crisis across countries reflected variations in the factors that attracted excessive foreign capital before the crisis. In general, the worst-hit countries had the largest excess in precrisis inflows related to structural factors, such as the degree of income convergence or the size and structure of their economies. Their economies often had features that tended to create the illusion of fiscal space—heavily managed exchange rates, booming credit markets, and overheated growth. As policymakers became increasingly worried about vulnerabilities associated with the surge of flows, they often resorted to prudential policies that were somewhat effective in moderating the size and composition of those flows.

These precrisis trends provide a number of important policy lessons. For countries that are already seeing a resumption of inflows, responsive macroeconomic policies will be critical to stemming an excessive surge. For countries with pegged exchange rates, the best response to inflows in excess of those driven by structural factors is to tighten fiscal policies. For countries without pegged exchange rates, the most effective response could be to let the currency appreciate. A freely floating exchange rate is also helpful in preventing excessive inflows and the accumulation of financial fragilities. Where healthy capital inflows have yet to resume, policymakers will need to reorient the sources of economic growth toward the tradables sector. While this transformation would take place in the private sector, it will require support from public policies, including through improving intersectoral labor mobility, reducing skill mismatches, and addressing country-specific infrastructure bottlenecks.

These macroeconomic policies should be accompanied by improvements in the financial stability of the region’s increasingly integrated financial system. Prudential tools such as capital requirements on foreign borrowing help to lower excessive inflows and related risks in banks. Higher risk premiums on loans to certain sectors help build buffers in the banking system and prevent overheating of certain sectors. To sustain the resilience of the financial system, these tools need supportive macroeconomic policies and effective cross-border financial supervision.