Monday, July 23, 2012

Message from the Galactic Federation of Light 7/23/12 'New Financial System'

http://www.youtube.com/watch?v=uPQyYS4ETSQ&list=UUM-esfZaFtua8qIijiZUEmg&index=1&feature=plcp

The Galactic Federation of Light discuss our new financial system of abundance.





No, there have not been large-scale changes to your financial system as of yet that will at least affect the man and woman on the street. Much is still transpiring behind the scenes and moves are being made, but these moves are large and they are slow due to their enormous weight of the effects that they will have on your world. What we see for your people is an entirely new banking, financial and monetary system. We see a new system based on fairness, equality and true earnings for work related duties which include services offered to your communities through your working cooperation with us, the members of the Galactic Federation of Light. What we see is a world where funds that are readily available are transferred from their current states of holding back to the people of your world who are its rightful owners and have always been its rightful owners, as money is not created by Gods, or by rich men of affluence, or by governments, or by banking institutions. Money is created by you, the people of your world who have broken your backs working so hard building roads and schools and dams and office buildings and factories and warehouses and your industrial infrastructure of your entire planet. Money is not created in a laboratory and its science is not difficult to understand once the proper and truthful information is shared with the people, and we intend to do just that.


We wish at this time to explain to you how money is created. Money is created when a being chooses to lift even one finger and create something that is to be shared with another being. That is all it takes to create some kind of finance, some kind of collateral, some kind of financial backing, some kind of currency. That's it, that's all it takes and money is created. The actual printing of the form of currency a world will use is a different matter, as whether a society uses bills, or coins, or cards, or another form of currency, it does not affect the methods of how the money is created in the first place, and the money that is created in the first place is created by you, the people, and your willingness to give effort in the creation of something that can be shared with another individual, thus creating an economic flow of wealth, that is all.

In your world since the beginning of what you now understand as your recorded history, there have been pilferers, thieves, siphoners, bloodsuckers of your funds. They have waited in hiding behind the scenes, and they have amassed enormous amounts of your hard-earned money for themselves without lifting one finger to create something that is meant to be shared with another. This is not how an economy effectively operates, this is how an economy effectively crashes and burns, as sooner or later this siphoning, this pilfering, this purging of funds will catch up to its society, put a stranglehold on it and kill it. That is what is happening today in your world, as your eyes must see that your banking and financial institutions are crashing all around you, taking with them human wreckage in the form of individuals, entire countries and even continents as well.

This is a crash that will not be preempted, for this is a crash that must happen to allow your new financial system to take root in the fertile soils of the disintegrating system of old. We are here to assist you in many areas and your financial system is one of the most important systems that we are here to assist you with. We will not stand by and watch your societies crumble because of the irresponsible actions of a few individuals at the tops of these deep wells of pyramidal structure. We have methods that we have utilized in many worlds to stave off financial ruin and destitution and all of the problems that naturally will follow and follow quickly when one financial system fails and a new one is born in its place. We will assist you create a system based on abundance, on equality, on fairness, on safety and security for you and your families and each and every being that calls your planet home.

How this new system will be instituted in the early stages is through a system of barter and exchange that will continue, but continue using a different currency than the currencies that are currently being used throughout your nations. Your new currency will be a currency free from the clutches of these dark and greedy ones, as they have not been given the permission, the opportunity or the luxury of printing these new bills. These new bills have been printed by those of the light, as you say, those of honesty, of integrity, those men and women of your human race that care about others, that are willing to share the wealth with others and who do not have a plan to siphon any part of this wealth from their brothers and sisters.

This we promise to you; we, the Galactic Federation of Light, will oversee your new financial system and we will make sure it runs and is operated smoothly and efficiently, fairly and honestly, quickly and completely, and we will make sure your new system remains a system of fairness, equality and abundance, or we will step in and shut down whoever or whatever it is that is in any way negatively affecting the system or siphoning any amount of funds unfairly or unjustly from this, your new system. This we promise to you, our brothers and sisters.

You can expect your new financial system to take root in the months ahead. We understand that we talk very much about the months ahead and many of you want changes and you want them today, but we tell you that nothing can get underway until the men and women of your criminal cabal have been rounded up, for they are one of the obstacles that are preventing all these changes and your new systems to begin. We see these members of your cabal are being rounded up and we see they are being removed from your society and they are being expunged from your systems of wealth, finance and banking, and this is a beautiful sight to behold. We say to you that when sufficient numbers of these individuals are safely removed from your society we will, with the assistance of our Earth allies who have worked so hard on your new system, begin its birth into your world like a newborn child that you all must learn to nurture, to raise and to grow as if this child is your very own, for this newborn is your very own and it is the responsibility of each and every one of you to act as its mother, to act as its father, to be its surrogate, for indeed, each of you are.

We will, in the days ahead, speak more about your new system, but for now just know that there is a new system waiting for the playing field to be cleared, and it is a system that will bring all joy, all prosperity, all financial independence, for your new system is something that none of you have ever experienced throughout any of your physical incarnations. Your new system is a blessing, it is a privilege, it is a right, it is a wonderful opportunity for each and every one of you to be able to do whatever it is you wish for a living as long as it in some way makes another happy, makes another joyful, warms another, cools another, feeds another, makes another smile or assists another on their journey in any way, shape or form. This is your new system, and we feel so many of you will be so very excited and enjoyed when it is brought out of the maternity ward for you to see for the first time with your proud eyes, for each and every one of you are a parent of your new system, for it was your hopes, your dreams and your hard work that has co-created your new child.

We will talk more about this in the days ahead, until tomorrow; we are your fathers and your mothers, your brothers and your sisters and your friends of the Galactic Federation of Light.



  

As channeled through Greg Giles

Bankers Gone Wild

The Rumor Mill News Reading Room 

Bankers Gone Wild
Posted By: DannyCahalin [Send E-Mail]
Date: Monday, 23-Jul-2012 21:20:49

This week in The New Yorker
*******
In order to work well, markets need a basic level of trust. As Alan Greenspan said, in 1999, “In virtually all transactions we rely on the word of those with whom we do business.” So what happens to a market in which the most fundamental assumptions turn out to be lies? That is the question in a scandal that has roiled the banking industry all summer. The LIBOR (London Inter-bank Offered Rate) index is the most important set of numbers in the global financial system. Used as a benchmark for interest rates around the world, it’s assembled by asking a panel of big banks to estimate what it would cost them to borrow money today, if they had to. Hundreds of trillions of dollars in derivatives, corporate loans, and mortgages are pegged to these rates. Yet we now know that for years LIBOR rates were rigged. Barclays has agreed to pay nearly half a billion dollars to regulators for its manipulations, and a host of other big banks are under investigation for similar misdeeds.
Rigging LIBOR was shockingly easy.
Read more http://www.newyorker.com/talk/financial/2012/07/30/120730ta_talk_surowiecki#ixzz21UyJB44i

IRS EXAMINING CLAIM OF HSBC WHISTLEBLOWER


As U.S. senators digest a sharply critical committee report confirming massive international money laundering by global banking giant HSBC, the Internal Revenue Service is acknowledging receipt of a whistleblower claim from a former employee of the bank who presented 1,000 pages of evidence to WND six months ago, after local and federal authorities ignored him.
series of WND stories, beginning in February, reported the evidence collected by John Cruz, a former vice president and relationship manager for HSBC in New York who documented hundreds of millions of dollars in suspicious transactions he pulled from a bank computer system before he was fired. Cruz was terminated in 2010, after two years at HSBC, for “poor performance,” but he contends he was let go because senior management didn’t want to him to pursue his personal investigation.
In a letter to Cruz, the supervisor of the IRS whistleblower office in Ogden, Utah, acknowledged the agency is evaluating Cruz’s claim to determine whether an investigation is warranted. Cruz previously told WND he met with special agents with the IRS criminal division in April and handed over a computer disc with copies of his internal documents.
The agents, according to Cruz, were overwhelmed with the volume and detail of the information, calling it “mind-boggling.”
Meanwhile, a Senate report released last week presents evidence HSBC abetted massive money laundering by Iran, terrorist organizations, drug cartels and organized criminals throughout the world. The report said HSBC transferred $19 billion for Iran and $7 billion in physical cash for Mexico.
WND’s series of articles on HSBC has caused fallout for WND senior reporter Jerome Corsi and for WND, which saw one of the articles temporarily blocked when HSBC filed a complaint with an Internet provider that turned out to be unwarranted.
Reuters recently reported an officer in HSBC’s compliance operations in Delaware who questioned transactions he suspected were linked to Hamas was berated and overruled.
One of the largest banks in the world, London-based HSBC has about 7,500 offices in more than 80 countries and territories in Europe, North and South America, the Asia-Pacific region, the Middle East and Africa.
As WND reported, law enforcement authorities sat on the HSBC money-laundering allegations, even denying they were handed the same information by a whistleblower, until the story was exposed by WND.
WND also reported evidence that Eric Holder’s Justice Department has not investigated money laundering charges in deference to bank clients of Washington-based law firm Covington & Burling, where Holder was a partner prior to joining the Obama administration.
In February, when WND asked HSBC to respond to the money laundering allegations, the bank issued a statement insisting it was cooperating with authorities.
“We support efforts to protect the integrity of the financial system, and our commitment to AML (anti-money laundering) includes rigorous internal processes and a close working partnership with regulators and law enforcement,” the statement said.
In a video interview with WND, Cruz detailed how he turned over his information on HSBC to authorities more than two years ago to Frank J. DiGregorio, a detective sergeant in the office of the Queens County District Attorney, and Graham R. Klein, special agent at the U.S. Department of Homeland Security.
Cruz previously told WND he handed over his evidence at a meeting in April to Special Agent David Wagner and supervisory Special Agent Kevin B. Sophia with the Department of Treasury’s IRS criminal investigation division.
Among the evidence handed over was about 19 to 20 hours of recorded discussions with HSBC employees concerning his allegations.
“They told me that if the information on the computer disk and in the audio files was as I represented, the IRS agents were talking about arresting HSBC bank employees,” Cruz said.
Cruz has expressed his frustration with federal law enforcement.
“It’s a circle,” Cruz explained in a previous interview. “I turn over the information to law enforcement, and law enforcement turns around and gives the information right back to the bank for the bank to conduct their own internal investigation.”
HSBC ‘a criminal organization’
In his position as a vice president and a senior account relationship manager in New York, Cruz worked in a region that accounts for approximately 50 percent of HSBC’s North American revenue. He was assigned to work with several branch managers to identify accounts for which HSBC might introduce additional banking services.
Cruz told WND he recorded hundreds of hours of meetings he conducted with HSBC management and bank security personnel during which he charged various bank managers were engaging in criminal acts.
“I have hours of hours of recordings, ranging from bank tellers, to business representatives, to branch managers, to executives,” he said. “The whole system is designed to be a culture of fraud to make it look like it’s a legal system. But it’s not.”
Cruz explained that after many repeated efforts, he gave up on the idea that HSBC senior management or bank security would pursue his allegations to investigate and stop the wrongdoing.
“My conclusion was that HSBC was not going to do anything about this account because HSBC management from the branch level, to senior bank security, to executive senior management was involved in the illegal activity I found,” he said.
After repeated attempts to bring the information to the attention of law enforcement officers, Cruz hit a brick wall until WND examined his documentation and determined his allegations were sufficiently substantiated to merit publication.
“HSBC is a criminal organization,” he stressed. “It is a culture of crime.”

Free Lunch...

Free Lunch...
900 teachers just got laid off from the Los Angeles Unified School District . They are $650,000 over their annual budget.

The following English teacher helps to explain one area that looms large over California's educational crisis.

THIS HAS GOT TO BE PASSED ALONG TO AS MANY AS
POSSIBLE OR WE WILL ALL GO DOWN THE DRAIN BECAUSE A FEW DON'T CARE.


This English teacher has phrased it the best I've seen yet.

This should make everyone think, be you Democrat, Republican or Independent.

From a California school teacher - -

"As you listen to the news about the student protests over illegal immigration, there are some things that you should be aware of:
I am in charge of the English-as-a-second-language department at a large southern California high school which is designated a Title 1 school, meaning that its students average lower socioeconomic and income levels.

Most of the schools you are hearing about, South Gate High, Bell Gardens, Huntington Park , etc.
, where these students are protesting, are also Title 1 schools.

Title 1 schools are on the free breakfast and free lunch program. When I say free breakfast, I'm not talking a glass of milk and roll -- but a full breakfast and cereal bar with fruits and juices that would make a Marriott proud. The waste of this food is monumental, with trays and trays of it being dumped in the trash uneaten.
(
OUR TAX DOLLARS AT WORK)

I estimate that well over 50% of these students are obese or at least moderately overweight. About 75% or more DO have cell phones. The school also provides day care centers for the unwed teenage pregnant girls (some as young as 13) so they can attend class without the inconvenience of having to arrange for babysitters or having family watch their kids.
(OUR TAX DOLLARS AT WORK)

I was ordered to spend $700,000 on my department or risk losing funding for the upcoming year even though there was little need for anything; my budget was already substantial. I ended up buying new computers for the computer learning center, half of which, one month later, have been carved with graffiti by the appreciative students who obviously feel humbled and grateful to have a free education in America.
(OUR TAX DOLLARS AT WORK)

I have had to intervene several times for young and substitute teachers whose classes consist of many illegal immigrant students here in the country less than 3 months who raised so much hell with the female teachers, calling them "Putas"(whores) and throwing things, that the teachers were in tears.

Free medical, free education, free food, day care, etc, etc, etc. Is it any wonder they feel entitled not only to be in this country but to demand rights, privileges and entitlements?

To those who want to point out how much these illegal immigrants contribute to our society because they LIKE their gardener and housekeeper and they like to pay less for tomatoes: spend some time in the real world of illegal immigration and see the TRUE costs.

Higher insurance, medical facilities closing, higher medical costs, more crime, lower standards of education in our schools, overcrowding, new diseases etc., etc, etc. For me, I'll pay more for tomatoes.


Americans, We need to wake up. The guest worker program will be a disaster because we won't have the guts to enforce it. Does anyone in their right mind really think they will voluntarily leave and return?

It does, however, have everything to do with culture: A third-world culture that does not value education, that accepts children getting pregnant and dropping out of school by 15 and that refuses to assimilate, and an American culture that has become so weak and worried about"political correctness" that we don't have the will to do anything about it.

If this makes your blood boil, as it did mine, forward this to everyone you know including your Congressmen and Senators.

CHEAP LABOR? Isn't that what the whole immigration issue is about?

Business doesn't want to pay a decent wage.

Consumers don't want expensive produce.

Government will tell you Americans don't want the jobs.

But the bottom line is cheap labor. The phrase "cheap labor" is
a myth, a farce, and a lie. There is no such thing as "cheap labor."

Take, for example, an illegal alien with a wife and five children. He takes a job for $5.00 or 6.00/hour. At that wage, with six dependents, he pays no income tax, yet at the end of the year, if he files an Income Tax Return, he gets an "earned income credit" of up to $3,200 free.

He qualifies for Section 8 housing and subsidized rent.

He qualifies for food stamps.

He qualifies for free (no deductible), noco-pay) health care.

His children get free breakfasts and lunches at school.

He requires bilingual teachers and books.

He qualifies for relief from high energy bills.

If they are or become, aged, blind or disabled, they qualify for SSI.
Once qualified for SSI they can qualify for Medicare. All of this is at (our) taxpayer's expense.

He doesn't worry about car insurance, life insurance, or homeowners insurance.

Taxpayers provide
Spanish language signs, bulletins and printed material.

He and his family receive the equivalent of $20.00 to $30.00/hour in benefits.

Working Americans are lucky to have $5.00 or $6.00/hour left after paying their bills AND his.

The American taxpayers also pay for increased crime, graffiti and trash clean-up.

Cheap labor? YEAH RIGHT!
Wake up people!

THESE ARE THE QUESTIONS WE SHOULD BE ADDRESSING TO THE PRESIDENTIAL CANDIDATES FOR EITHER PARTY. 'AND WHEN THEY LIE TO US AND DON'T DO AS THEY SAY, WE SHOULD REPLACE THEM AT ONCE!'

THIS HAS GOT TO BE PASSED ALONG TO AS MANY AS POSSIBLE OR WE WILL ALL GO DOWN THE DRAIN BECAUSE A FEW DON'T CARE.


  

ABC News Joins Obama- Bans American Flag Lapel Pins!

Subject: Goodbye to ABC TV!
  
ABC News Joins Obama- Bans American Flag Lapel Pins!!!!!

ABC NEWS BANS FLAG LAPEL PINS
This is what we get from the present stuff going on in Washington . What next?
Barbara Walters said that this was going to hurt ABC bad. And she works for ABC.

YESTERDAY THE BRASS AT ABC NEWS ISSUED ORDERS FORBIDDING REPORTERS TO WEAR LAPEL PIN AMERICAN FLAGS OR OTHER PATRIOTIC INSIGNIA. THEIR REASONING WAS THAT ABC SHOULD REMAIN NEUTRAL ABOUT 'CAUSES'.

SINCE WHEN IS PATRIOTISM TO BE DISCOURAGED?
I URGE YOU TO BOYCOTT ABC AND ITS SPONSORS AND AFFILIATES. WE ARE SLOWLY LOSING EVERYTHING OUR COUNTRY STANDS FOR AND EVERYTHING OUR MEN AND WOMEN FOUGHT AND DIED TO PRESERVE!
PLEASE FORWARD THIS TO AS MANY AS YOU CAN.

THIS HAS BEEN VERIFIED THROUGH:
http://www.truthorfiction.com/rumors/a/abcflag.htm
THIS ONE NEEDS TO BE CIRCULATED...QUICKLY

NOT SO FAST: OBAMACARE "TAX" IS UN-APPORTIONED Therefore, It's Constitutionally Prohibited

Subj: [We The People] NOT SO FAST: OBAMACARE "TAX" IS UN-APPORTIONED, UNCONSTITUTIONAL




http://givemeliberty.org/
 
July 21, 2012
Therefore, It's Constitutionally Prohibited
Editor's Note: Of all the mandates in the Constitution, there is only one that is repeated twice: direct taxes must be apportioned. Judge Roberts has admitted this. Writing for the majority in the Supreme Court's decision on Obamacare, Roberts confessed direct taxes "must be apportioned among the states." To avoid this constitutional restraint, Roberts falsely declared Obamacare's individual mandate is not a tax on the ownership of personal property and "is thus not a direct tax that must be apportioned among the several states." The decision is erroneous. Most troubling is the fact that both the majority and the dissent refused to deal honestly with the issue of direct taxes.   
On June 28, 2012, five of the nine Justices of the Supreme Court upheld the most controversial provision of the Patient Protection and Affordable Care Act ("Obamacare"): Section 5000A, popularly known as the "individual mandate." Right-click to download the decision.
Under 5000A, those who can afford to but do not purchase health insurance will be required to make an additional payment to IRS for each month they go without the insurance. The payment will be exacted from the worker's income and will be legally unavoidable. Justice Roberts wrote:
"Under the mandate, if an individual does not maintain health insurance, the only consequence is that he must make an additional payment to the IRS when he pays his taxes. See §5000A(b)."
The Obama administration argued in Court that what it called the "shared responsibility payment" was authorized under the Commerce Clause.
Judge Roberts ruled the Commerce Clause does NOT authorize this type of payment. However, Chief Justice Roberts then held Congress had the power under the "Tax Clause" to exact the payment.
We sharply disagree and here challenge the logic of the Court's decision that Congress has the power under the Tax Clause to require the People to buy a product or pay a tax to the Government for not purchasing the product, without apportioning the tax among the several states.
Congress's taxing power is specified in three sections of Article I:
Article I, Section 2, Clause 3:
"Representatives and direct taxes shall be apportioned among the several states which may be included within this Union .."
Article I, Section 8, Clause 1:
"The Congress shall have power to lay and collect taxes, duties, imposts and excises. but all duties, imposts and excises shall be uniform throughout the United States."
Article I, Section 9, Clause 4:
"No capitation, or other direct, tax shall be laid, unless in proportion to the census or enumeration herein before directed to be taken."
Of all the mandates in the Constitution, there is only one that is repeated twice: direct taxes must be apportioned. It means exactly what it says.
READ THE FULL UPDATE! 

 
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NEWS from Neil Keenan – July 23, 2012

NEWS from Neil Keenan – July 23, 2012

by Drake

From: Neil Keenan To: 'Drake Sent: Monday, July 23, 2012 5:27 AM Subject: RE: as per our conversation

Good Morning my friend,
As always I want to keep things clear so no one gets confused most especially me.  The case and the liens are two different issues.  For the case I must return to Asia to receive the rest of the documentation, I have most recently been promised, that ties in much more than jurisdictional issues.  It ties in actions.
As you know the phony Euros printed by the European Central Bank are in our possession in Indonesia .  These notes are outright fraud and we have all the answers back to us from the system.  They have no value but they made them as payment for the interest on the Gold from the Global Accounts.  Once submitted as frauds the European Central Bank could be out of business.  If not then I will go back and bring back millions of Euros and let the ECB accept them and validate them or get out of business.  Then you have the end of this atrocity called the European Commission headed by some Eastern European Mummies from Hungary (Soros Boys).
Exposing the Euro is this simple.
Soon we will be auditing and validating what is real and what is not.  The Indonesians have waited far to long for the long overdue promises to kick in.  Asia has waited far too long.  The Middle East has waited far too long.  The world has waited far too long.  Why?  Because the Kazars/Nazis controlled US Corporation has stolen from the Collateral Accounts from Day One.  Since when has a Kazar or Nazi ever kept even the simplest promise.  In this case they saw the opportunity to financially control the world.  Well, we are coming to close you down.  Your days in the sun (you are all so white I think you hate sun) are over with.  Exposure is already prevalent and in our hands but to literally take the money right out of your pockets will take just a little longer.  When we shut you down then it is up to others to straighten out the wrongs.
To date we have closed up the BIS on you and frozen trading for 90 days and making it very difficult for you to do anything.  The Central Banks are already in fault not default and in a few days they go into default.  It is only going to get tougher and when it does you will become more desperate but guess what?  There will be no corners to hide in so you will be forced to stay in the middle of the ring until this is over with.  It is best you take a good long look at your situation because soon it will be too late.
Sorry Drake got carried away,
Neil Keenan
Drake | July 23, 2012 at 4:44 pm | Categories: News | URL: http://wp.me/p2tRr3-e5

Interview 527 – David Smith on the Eurozone Crisis

Posted: 23 Jul 2012 08:08 AM PDT
David L. Smith of GenevaBusinessInsider.blogspot.com joins us to discuss the Eurozone crisis. We examine the origin of the problem, what is happening now, and what is likely to happen from here, as well as how European countries that are not part of the Euro currency situate themselves in this context.

This posting includes an audio/video/photo media file: Download Now