http://www.care2.com/causes/occupiers-convince-city-of-buffalo-to-ditch-jpmorgan-chase.html#ixzz1wYYodl00 Occupiers convince city of Buffalo to ditch JPMORGAN CHASE Sounds like good news to me
Saw that veri....bravo buffalo ! EVERYONE should take any savings they have out of the zombie banks and open accounts in local credit unions, invest in silver or just hide it in their mattress ffs. Just imagine if everyone did? Do you think that would put a little fear in the hearts of the banksters? I do.
People are making a difference all over the world a little at a time. If we could only consolidate that energy and work together all at once the possibilities of our success against the blood suckers increase exponentially.
The bottom line here is that "austerity" is a euphemism for "attrition" - and the whole system is class warfare, based on the strategy of USURY.
"Debt" is a term for owing for legitimate gains had. There is NO legitimate gain had in a system wherein the "money" is a certificate of debt. It is simply a con-game, a racket. Fractional Banking is actually Fictional Banking. There is NO reserve of any kind.
The problem is NOT debt, the problem is a criminal system based on usury. The debt is not legitimate, and should be dismissed with prejudice - it is NOT "default" as there is no fault in those caught in the scam. The payment should be the blood of the usurers who run the racket.
must say...the header: The American fascist would prefer not to use violence. His method is to poison the channels of public information. ~ Henry A. Wallace" ...is apropos....
July 5 - False Flag 5 preparation: Franklin Roosevelt orders the Panama Canal closed to the civilian Merchant Marine Fleet of the empire of Japan, forcing Japanese cargo carriers to make a seven-thousand mile detour around South America. This places Japanese commerce at a competitive disadvantage and forces Japan to use more of its limited petroleum.
"I see the prepper generation as a generation of sacrifice; men and women who must endure the collapse of the façade for the sake of an honorable future society they may not live to experience. Modern day Cassandras? Hopefully not. But, certainly a group of people who have lost much in the path to knowledge. We lose our blissful naivety. That which once easily entertained us becomes banal and meaningless. We set aside many of our dreams to make room for the private and public battle we must wage for the truth. And, in the early days of our awakening, we tend to lose sleep."
I have discovered a new psychological syndrome, I shall term "Wooditeism" as it is primarily found in Woodites, the members of a cult following the holy book "Where Did The Towers Go?" by Judy Wood.
To say that these people are as crazy as shithouse rats is an understatement. They are fanatics by every definition of the term. "Blinded by the light" as it were.
Personal interaction with these people is a mix of comedy and tragedy, a farce of gargantuan measure. Remaining civil in discourse with them is of course quite difficult. It seems an infectious disease, so beware of contact with any Woodites you might come across, and alert the proper authorities.
Are there any "proper authorities"?
Well, probably not, perhaps it is best to simply seek shelter or put on a pose of nonchalance.
It all hinges upon the depth of understanding of the architecture of political power in the 21st century. This is not grand conspiracy theory, this is grand systems theory.
A long piece by Paul Craig Roberts on Finances -- http://www.paulcraigroberts.org/2012/06/05/collapse-at-hand/
The bottom quotes are at its end. You can begin to grasp the absolutely fraudulent nature of Bankers being protected by the Politicians in-on-the-scam, with both of these criminal syndicates billing American taxpayers for any of their gambling losses...and at the same time wallowing in their grotesque profits ponzied by using "funny money" that they give to themselves by fiat.
With this scenario prevailing in corporate American, the financial "district", while sleeping with the politicians -- you can readily see WHO is SCREWING YOU! Until WE say NO MORE! it will continue.
"Assets, of course, are not risk-based capital. According to the Comptroller of the Currency report, as of December 31, 2011, JPMorgan Chase held $70.2 trillion in derivatives and only $136 billion in risk-based capital. In other words, the bank’s derivative bets are 516 times larger than the capital that covers the bets.
It is difficult to imagine a more reckless and unstable position for a bank to place itself in, but Goldman Sachs takes the cake. That bank’s $44 trillion in derivative bets is covered by only $19 billion in risk-based capital, resulting in bets 2,295 times larger than the capital that covers them.
Bets on interest rates comprise 81% of all derivatives. These are the derivatives that support high US Treasury bond prices despite massive increases in US debt and its monetization.
US banks’ derivative bets of $230 trillion, concentrated in five banks, are 15.3 times larger than the US GDP. A failed political system that allows unregulated banks to place uncovered bets 15 times larger than the US economy is a system that is headed for catastrophic failure. As the word spreads of the fantastic lack of judgment in the American political and financial systems, the catastrophe in waiting will become a reality.
Everyone wants a solution, so I will provide one. The US government should simply cancel the $230 trillion in derivative bets, declaring them null and void. As no real assets are involved, merely gambling on notional values, the only major effect of closing out or netting all the swaps (mostly over-the-counter contracts between counter-parties) would be to take $230 trillion of leveraged risk out of the financial system. The financial gangsters who want to continue enjoying betting gains while the public underwrites their losses would scream and yell about the sanctity of contracts. However, a government that can murder its own citizens or throw them into dungeons without due process can abolish all the contracts it wants in the name of national security. And most certainly, unlike the war on terror, purging the financial system of the gambling derivatives would vastly improve national security".
last I heard, the whole worlds GDP is 70 trillion dollars. Derivatives are nothing but a computer entry creating a contract to pay on completion of the contract betting that the value of the commodities being contracted on go up in value. Only the top money players are allowed in this club and inflation is the end result. As in the fractional reserve system, it's nothing more than a way of creating the necessary reserves to create more fiat money in the system. If you consider that the 9 too big to fail US banks have signed onto and bet 226 trillion to create a 10 % reserve, that's a lot of Monopoly money, do not pass go do not collect $200. I seen something not long ago put out by David Wilcock and Ben Fulford stating there's a hidden financial system in operation that is over and above what's fronted to us that states that this is mere chump change and is manipulated by the top money changers. A trillion dollars is just 2 words and is so far over the top that it barely holds any significance to the average Joe. Anyone care to elaborate?
I know what you're referring to V, they say its in the quadrillions or more. REAL funny money, aye? How much more can anyone elaborate on this charade? I ask you.
http://www.care2.com/causes/occupiers-convince-city-of-buffalo-to-ditch-jpmorgan-chase.html#ixzz1wYYodl00
ReplyDeleteOccupiers convince city of Buffalo to ditch JPMORGAN CHASE
Sounds like good news to me
Saw that veri....bravo buffalo ! EVERYONE should take any savings they have out of the zombie banks and open accounts in local credit unions, invest in silver or just hide it in their mattress ffs. Just imagine if everyone did? Do you think that would put a little fear in the hearts of the banksters? I do.
ReplyDeletePeople are making a difference all over the world a little at a time. If we could only consolidate that energy and work together all at once the possibilities of our success against the blood suckers increase exponentially.
Btw, excellent presentation on austerity!
The bottom line here is that "austerity" is a euphemism for "attrition" - and the whole system is class warfare, based on the strategy of USURY.
ReplyDelete"Debt" is a term for owing for legitimate gains had. There is NO legitimate gain had in a system wherein the "money" is a certificate of debt. It is simply a con-game, a racket. Fractional Banking is actually Fictional Banking. There is NO reserve of any kind.
The problem is NOT debt, the problem is a criminal system based on usury.
The debt is not legitimate, and should be dismissed with prejudice - it is NOT "default" as there is no fault in those caught in the scam. The payment should be the blood of the usurers who run the racket.
\\][//
6/2/2012 — USGS censors 5.1 magnitude earthquake in the Gulf of Mexico!
ReplyDeletehttp://www.youtube.com/watch?feature=player_embedded&v=3Zo4TbER_tw
Well f*ing said....nothing more needed...
ReplyDeletemust say...the header: The American fascist would prefer not to use violence. His method is to poison the channels of public information. ~ Henry A. Wallace" ...is apropos....
ReplyDeleteSing it Bob Zimmerman
ReplyDeletehttp://www.youtube.com/watch?v=CnIvuuaxZng&feature=related
Sing it Every body!!!! MUBARAK IS DEAD
http://english.ahram.org.eg/NewsContent/1/64/18032/Egypt/Politics-/Lawyer-repeats-claims-that-Mubarak-is-dead-during-.aspx
Ha-Ha! Diffraction Jackson, watch your back son! Being the body double is pretty tough work.
http://www.egyptindependent.com/news/fake-mubarak-photo-continues-provoke-reactions
Just can't get the eyes right. Oh well try try again.
http://www.telegraph.co.uk/news/worldnews/africaandindianocean/egypt/9307456/Hosni-Mubarak-has-a-heart-attack-while-taken-to-prison.html
Conjuction Junction, what's your function? I'm going to get you there if you're very careful!
http://www.youtube.com/watch?v=ODGA7ssL-6g
PANAMA ~ The Perfect Target!!
ReplyDeleteKORNISKING: http://cotocrew.wordpress.com/2012/05/12/banking-holiday/
BANKING HOLIDAY? COMING SOON TO AN ATM NEAR YOU!
It’s the Egg Scrambler. Cooking time is about two minutes. It’s a Ronco item.
Looks like it came down NAU I-35 from Torture Central at Ft. Hood. Might they set up shop at the Zapata Grande?
South America is getting ready to defend off Central Zones. Guatamala and Honduras likely to fall first followed by Nicaragua.
Expect warships in Panama and you will see why the canal was given away to the globalists for the price of drug money from Noriega.
CONNECT THE DOTS and SEE THE BEAST!!!
By: Puddy Dunne on May 13, 2012
at 1:06 pm
Log in to Reply
_______________________________________________
M6.4 - 283km S of Punta de Burica, Panama
2012-06-04 03:15:24 UTC
http://earthquake.usgs.gov/earthquakes/eventpage/usb000a66u#summary
M6.2 - South of Panama
2012-06-04 00:45:15 UTC
http://earthquake.usgs.gov/earthquakes/eventpage/usb000a664#summary
July 5 - False Flag 5 preparation: Franklin Roosevelt orders the Panama Canal closed to the civilian Merchant Marine Fleet of the empire of Japan, forcing Japanese cargo carriers to make a seven-thousand mile detour around South America. This places Japanese commerce at a competitive disadvantage and forces Japan to use more of its limited petroleum.
RECIPROCITY
It's time to to see the Mormon Frequency. SIX months.
ReplyDeletehttp://www.zerohedge.com/news/guest-post-realities-choosing-your-survival-retreat-location
"I see the prepper generation as a generation of sacrifice; men and women who must endure the collapse of the façade for the sake of an honorable future society they may not live to experience. Modern day Cassandras? Hopefully not. But, certainly a group of people who have lost much in the path to knowledge. We lose our blissful naivety. That which once easily entertained us becomes banal and meaningless. We set aside many of our dreams to make room for the private and public battle we must wage for the truth. And, in the early days of our awakening, we tend to lose sleep."
I have discovered a new psychological syndrome, I shall term "Wooditeism" as it is primarily found in Woodites, the members of a cult following the holy book "Where Did The Towers Go?" by Judy Wood.
ReplyDeleteTo say that these people are as crazy as shithouse rats is an understatement. They are fanatics by every definition of the term. "Blinded by the light" as it were.
Personal interaction with these people is a mix of comedy and tragedy, a farce of gargantuan measure. Remaining civil in discourse with them is of course quite difficult. It seems an infectious disease, so beware of contact with any Woodites you might come across, and alert the proper authorities.
Are there any "proper authorities"?
Well, probably not, perhaps it is best to simply seek shelter or put on a pose of nonchalance.
\\][//
And further more...do I have to log on to reply? I thought I was logged on...
ReplyDeleteWTF?
\\][//
It all hinges upon the depth of understanding of the architecture of political power in the 21st century. This is not grand conspiracy theory, this is grand systems theory.
ReplyDelete\\][//
A long piece by Paul Craig Roberts on Finances -- http://www.paulcraigroberts.org/2012/06/05/collapse-at-hand/
ReplyDeleteThe bottom quotes are at its end. You can begin to grasp the absolutely fraudulent nature of Bankers being protected by the Politicians in-on-the-scam, with both of these criminal syndicates billing American taxpayers for any of their gambling losses...and at the same time wallowing in their grotesque profits ponzied by using "funny money" that they give to themselves by fiat.
With this scenario prevailing in corporate American, the financial "district", while sleeping with the politicians -- you can readily see WHO is SCREWING YOU! Until WE say NO MORE! it will continue.
"Assets, of course, are not risk-based capital. According to the Comptroller of the Currency report, as of December 31, 2011, JPMorgan Chase held $70.2 trillion in derivatives and only $136 billion in risk-based capital. In other words, the bank’s derivative bets are 516 times larger than the capital that covers the bets.
It is difficult to imagine a more reckless and unstable position for a bank to place itself in, but Goldman Sachs takes the cake. That bank’s $44 trillion in derivative bets is covered by only $19 billion in risk-based capital, resulting in bets 2,295 times larger than the capital that covers them.
Bets on interest rates comprise 81% of all derivatives. These are the derivatives that support high US Treasury bond prices despite massive increases in US debt and its monetization.
US banks’ derivative bets of $230 trillion, concentrated in five banks, are 15.3 times larger than the US GDP. A failed political system that allows unregulated banks to place uncovered bets 15 times larger than the US economy is a system that is headed for catastrophic failure. As the word spreads of the fantastic lack of judgment in the American political and financial systems, the catastrophe in waiting will become a reality.
Everyone wants a solution, so I will provide one. The US government should simply cancel the $230 trillion in derivative bets, declaring them null and void. As no real assets are involved, merely gambling on notional values, the only major effect of closing out or netting all the swaps (mostly over-the-counter contracts between counter-parties) would be to take $230 trillion of leveraged risk out of the financial system. The financial gangsters who want to continue enjoying betting gains while the public underwrites their losses would scream and yell about the sanctity of contracts. However, a government that can murder its own citizens or throw them into dungeons without due process can abolish all the contracts it wants in the name of national security. And most certainly, unlike the war on terror, purging the financial system of the gambling derivatives would vastly improve national security".
last I heard, the whole worlds GDP is 70 trillion dollars. Derivatives are nothing but a computer entry creating a contract to pay on completion of the contract betting that the value of the commodities being contracted on go up in value. Only the top money players are allowed in this club and inflation is the end result. As in the fractional reserve system, it's nothing more than a way of creating the necessary reserves to create more fiat money in the system. If you consider that the 9 too big to fail US banks have signed onto and bet 226 trillion to create a 10 % reserve, that's a lot of Monopoly money, do not pass go do not collect $200. I seen something not long ago put out by David Wilcock and Ben Fulford stating there's a hidden financial system in operation that is over and above what's fronted to us that states that this is mere chump change and is manipulated by the top money changers. A trillion dollars is just 2 words and is so far over the top that it barely holds any significance to the average Joe. Anyone care to elaborate?
ReplyDeleteI know what you're referring to V, they say its in the quadrillions or more. REAL funny money, aye? How much more can anyone elaborate on this charade? I ask you.
ReplyDelete