Wednesday, March 19, 2014

Fed tapers another $10 billion

Fed tapers another $10 billion

   Published: Wednesday, 19 Mar 2014 | 3:22 PM ET
By: Jeff Cox | Finance Editor


At its first meeting under new Chair Janet Yellen, the Federal Reserve agreed to dial down its stimulus package another notch, and changed its view on when interest rates will rise.
Despite a seemingly dovish tone, markets recoiled at remarks from Yellen, who said interest rate increases likely would start six months after the monthly bond-buying program ends.
Stocks tumbled as Yellen spoke at her initial post-meeting news conference, with the Dow industrials at one point sliding more than 200 points before shaving those losses nearly in half. Short-term interest rates rose appreciably, with the five-year note moving up 0.135 percentage points. The seven-year note tumbled more than one point in price.
In moves widely anticipated by financial markets, the Fed Open Market Committee voted to reduce the pace of its monthly asset purchase program by $10 billion to $55 billion—a continuing process in the market known as "tapering."
At a news conference following the release of the Fed Open Market Committee statement, Yellen defined a "considerable period" of time it would take for interest rates to rise after the end of quantitative easing to be about six months. That would still take rate hikes into 2015, about in line with market expectations, but traders still were rattled.
Separately, the FOMC amended language that previously indicated the U.S. central bank's key policymaking body would begin to consider raising interest rates once the national unemployment rate hit 6.5 percent. The new change gives the Fed leeway in deciding when to hike rates regardless of where the jobless number, currently at 6.7 percent, gyrates.
Financial markets seemed a bit confused by the decision, though it seemed to mirror expectations.
"Exactly what we expected, but clearly markets reacted a little bit," said Todd Hedtke, vice president of investment management at Allianz Investment Management. "What didn't occur was a little more accommodative stance. With the China (economic) numbers recently and maybe even Ukraine and some softer data, there was a certain faction of folks in the market who were expecting to see that accommodating verbiage a little stronger."
Paul Ashworth, U.S. economist at Capital Economics, noted: "What we hadn't anticipated is that FOMC participants would raise their interest rate projections. The median forecast now puts the fed funds rate at 1.00 percent by end-2015, up from the 0.75 percent projection made last December, and 2.25 percent by end-2016, up from 1.75 percent.
Market pros said there is a feeling that rate increases, while still a ways off, could move more quickly than expected once they start, as indicated in economic projections that accompanied the FOMC statement.
Andrew Harrer | Bloomberg | Getty Images
Janet Yellen, chair of the U.S. Federal Reserve.
"The implication is we're going to go faster," said Kathy Jones, fixed income strategist at Charles Schwab. "Oddly enough, the expectations for economic growth have been brought down except for unemployment. It's a very mixed bag."
The moves mark the first key decisions from the Fed since the ascent of Yellen, formerly the vice chair and head of the Fed's San Francisco branch. She takes over for Ben Bernanke, whose eight years at the helm marked a historically easy approach to monetary policy that has seen the central bank balance sheet balloon past $4.2 trillion.
Taken together, the decisions are indicative that the Fed will maintain its dovish approach.
The statement passed on an 11-1 vote, with Narayana Kocherlokota voting against.
"The bond market immediately sold off in response to the statement, but appears to be taking the opposite view to Mr. Kocherlakota sensing perhaps that short-term rates are set to move higher," Andrew Wilkinson, chief market strategist at Interactive Brokers, said in a note. "The shift higher in bond yields seems at odds with the dovish tone to the statement."
In a statement detailing the decision, the Fed used its most pessimistic language in months to describe conditions, saying "economic activity slowed during the winter months, in part reflecting adverse weather conditions."
The committee altered some of its language when it came to unemployment and inflation targets. Fed members said they will use "progress—both real and expected—toward its objectives of maximum employment and 2 percent inflation."
The language reflected the committee's desire to use "forward guidance" rather than concrete numbers in determining the future course of interest rates.
—By CNBC's Jeff Cox. Follow him on Twitter @JeffCoxCNBCcom.

http://www.cnbc.com/id/101507905

FOREX-Dollar rises ahead of Fed statement, Yellen debut

FOREX-Dollar rises ahead of Fed statement, Yellen debut

   Published: Wednesday, 19 Mar 2014 | 10:54 AM ET
By: Michael Connor


* Dollar rises against yen and euro
* Fed expected to continue tapering its bond-buying stimulus
* Canadian dollar drops as sterling recovers vs US dollar
(Adds quotes, updates prices; changes byline and dateline, previous LONDON)
NEW YORK, March 19 (Reuters) - The dollar got a lift on Wednesday from expectations the Federal Reserve will look beyond the drag of a harsh winter on America's economy and keep unwinding its monetary stimulus.
The greenback's gains against the euro and yen were held back by some trepidation before Janet Yellen's inaugural policy review as Federal Reserve chief, traders said.
The Fed is widely expected to reduce its monthly bond-purchase program by a further $10 billion at the end of its two-day meeting. Yellen, widely regarded as a dove, is due to address a news conference later in the day.
Many in markets expect the Fed to amend its forward guidance on policy, assuring investors that interest rate hikes remain distant despite unemployment easing faster than expected.
"For the Fed to light a fire under the dollar it would tend to take a less dovishly worded statement or any hint from the Fed that short-term rates could rise sooner than current forecasts of around mid-next year," Western Union Business Solutions senior market analyst Joe Manimbo said in a note.
The dollar edged up 0.13 percent to 101.55 yen, staying above a one-month low of 101.20 yen hit on March 3. The euro fetched $1.3916, down 0.14 percent on the day but not far from last Thursday's 2-1/2-year high of $1.3967.
The dollar index was up at 79.49, a gain of 0.09 percent.
"The key thing will be whether there will be any change in the timing of rate hikes by the Fed from next year," said Jeremy Stretch, head of currency strategy at CIBC World Markets.
"I am not convinced the Fed is ready to materially change guidance and we will see a very even-handed Yellen. All of which leaves investors looking to second-quarter U.S. data before taking fresh positions in the dollar."
The Fed has said it will not raise rates until joblessness falls to at least 6.5 percent, a pledge policymakers thought would hold until at least mid-2015. But it hit a five-year low of 6.6 percent in January, before rising to 6.7 percent in February.
Expectations Yellen will pursue a broadly dovish stance have helped rein in U.S. Treasury yields and this, in turn, has undermined the attraction of the dollar for investors.
The U.S. dollar, though, hit its highest since late January against the Canadian dollar at C$1.1196. Selling in the currency gathered pace after Bank of Canada Governor Stephen Poloz said on Tuesday Canada could face a prolonged period of sluggish growth and lower interest rates.
FOCUS ON STERLING
Sterling rose as high as $1.6653, rebounding from a one-month low struck on Tuesday with help from data showing wages ticking higher and a steadily improving jobs market. It stood at %1.6611 in midmorning New York trade.
The number of Britons claiming jobless benefits fell more than expected while wages rose 1.4 percent year-on-year, which though higher than forecast was still below inflation.
Finance minister George Osborne, due to present the UK annual budget later on Wednesday, is expected to stick to his plan to fix public finances. This will keep the onus on the Bank of England to keep monetary policy loose to ensure growth.
"In order to keep the pressure on the budget deficit, a continuation of austerity can be expected from the government," said Jane Foley, senior currency strategist at Rabobank.
"However, with the election a little over a year away, some crowd pleasers are also likely and this could lend the pound some support."
And while the safe-haven yen lost ground, investors remained cautious over tensions in Ukraine. Anxiety eased somewhat after Russian President Vladimir Putin said on Tuesday he did not plan to seize other regions of Ukraine, after Crimean citizens on Sunday voted to be annexed by Moscow.
(Additional reporting by Anirban Nag in London; Editing by Chris Reese)

http://www.cnbc.com/id/101507505

UTTERLY FANTASTIC DISCLOSURE! Aliens Have Been Hiding at the Vatican and are Preparing to Show Themselves!

UTTERLY FANTASTIC DISCLOSURE! Aliens Have Been Hiding at the Vatican and are Preparing to Show Themselves! End Times Alien Invasion Imminent! (Video) You REALLY Need to See This!

Monday, March 17, 2014 15:10
0

Karen Hudes, former Senior Attorney with the Central Bank System for 20 years Announces the Existence of a Second Species on Earth


March 17 2014


This is so nuts, it’s hard to believe but it’s true. Karen Hudes was being interviewed by Future Money Trends when midway through the interview about conspiracies conerning global economy, she reveals the aliens that have been hiding at the Vatican. WHAAT?? When executive professionals such as Karen begin speaking out about these coming events, we need to start paying closer attention.


Karen Hudes served an an attorney for The Cebtral Bank for 20 years. She had learned of deep corruption and aligned herself with other whistle blowers to uncover the corrupt activities. even after going to The World Banks Evaluation Department and country directors, and then to the U.S. Treasury Department and even the United States Congress, she was ignored. So she went public and uncovered much more, what she calls a ‘global conspiracy.’


HOT, Unprecedented Announcement Concerning an Alien Invasion is Brought Up During a Future Money Trends Interview! Incomprehensible! Here are some excerpts from the interview, you can listen to the interview in the following video.

 

As far as the TIMING, here’s the deal. Goid has His own agenda in place and NOTHING and NOBODY alien or human is going to get in the way of His timing. So we people are off on our dates, it’s because either we missed the timing/foreseeing the date or God held it back if it was going to interfer with His plans. The bottom line is, the Bible tells us there will be a great deception. He has told several peope that there will be an invasion. I believe that will be the aliens/fallen angels/demons coming with their false promises and false peace plan, which is in the near future.


Future Money Trends: “… Who is calling the shots at the Vatican? I am assuming it’s not the pope.”


Karen Hudes: “Well, there is something called the black pope but that’s umm… that’s not the ultimate reason why we have been in the fix that we are in. What we have found out, and this sounds implausible, but it’s absolutely correct, the fact that its been held in secret doesn’t mean that it’s not true. It is true. 


“There is a second species on this planet.


“They are not extraterrestrial, they are very much with us, they made maps in the previous ice age. The remnants of their civilisations are all over the place. A lot of times along the coast its submerged because the umm… amount, the sea level has gone up by 400 meters, but this group has large brains. They are very distinct from homo sapiens. 


“Their DNA is so different that if the two species mated, their offspring would be infertile and we know this because their DNA was just tested. They have skulls all over the place because they have been on Earth with us, but after the ice age there weren’t that many of them. And so they have been hiding and one of the places they have been hiding is in the Vatican. That’s why the Vatican are wearing those miters. It turns out thats also what the high priests wore in the early beginnings of Judaism. 




“… The people that were doing archaeology in Israel know this, and the reason is that not only are Homo Capensis trying to keep human beings under control by divide and conquer, using our money system, they have also been doing this with our religion.


“Organized religion. Trying to get human beings to hate people of different faiths so that they will kill each other off, so that the people in the back, manipulating human beings, could… what can I say, could use us like cattle. That’s what’s been going on through our history.”


Future Money Trends: “Okay Karen, you’re an attorney, you worked for the World Bank for 20 years, what your saying is on the fringe of conspiracy, it sounds crazy so… I mean obviously you have had to come to terms with this. What have you seen that has made you so confident to actually say this stuff publicly?”


Karen Hudes: “Because they have been going to meetings. I sent an email to a fellow in Portugal and the next day he went to a meeting of Bankers and he sent me back an email saying that at that meeting there had been a big skulled individual with bright blue eyes. 


Another person in touch with Doctor Edward Spencer, who is a retired neurologist, he’s the one who started telling me about this. A friend of his was in Egypt and saw these homo (cepranensis?) running around. They are umm… their skulls are all over the planet. It’s not a conspiracy theory. Just because this group likes to hide and likes to accuse people of having conspiracy theories doesn’t make these facts (raw?), they are facts.”



For the time-constrained Karen’s alien disclosure begins approx. 23:00 into the video. WOWZA





ARE THE FALLEN ANGELS RETURNING SOON?



PROOF FROM NASA THAT THERE IS A FLEET OF UFO”S ON THE WAY!

MORE ON THIS SUBJECT!


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ARE YOU TIRED OF HEALTH BALOGNA.... BS??

ARE YOU TIRED OF HEALTH BALOGNA.... BS??


SEVERAL YEARS AGO SOME FRIENDS OF MINE HAD JOINED THESE GROUPS LISTED BELOW.... THEY ARE BOTH SIMILIAR IN COST AS WELL AS GETTING YOUR HEALTH CARE COSTS TAKEN CARE OF VERY QUICKLY.  BOTH HAVE BENEFITED MY FRIENDS AND THEY WILL NEVER EVER GO BACK TO HEALTH CARE INSURANCE....
ONE ELDERLY LADY I KNOW HAD 300K + OF MEDICAL COSTS PAID IN FULL 2 WEEKS AFER HER SURGERY AND THE COVERAGE ALSO COVERED ALL HER REHAB..... NOW HERE IS THE KICKER.....WHEN ALL BILLS WERE PAID IN FULL SHE DISCOVERED SHE HAD MONEY LEFT OVER. WHEN SHE CALLED THEM TO ASK WHERE TO SEND IT THEY TOLD HER TO KEEP IT....AS IT WAS A GIFT. WHAT INSURANCE COMPANY WOULD DO THAT??



“UNIVERSE-SHATTERING EVIDENCE” RE: OBAMA CRIMINAL INVESTIGATION

“UNIVERSE-SHATTERING EVIDENCE” RE: OBAMA CRIMINAL INVESTIGATION

Michael Thomas
by 
March 8th, 2014
Updated 03/14/2014 at 7:52 am
 
Storyleak EXCLUSIVE
How is the Obama criminal probe related to the preplanned Ukraine ‘Orange Revolution 2.0′ executed by the Anglo-American Axis?
March of 2014 may shape up to be a series of defining moments in both US and world history. The staged coup in the Ukraine, which was orchestrated by the US et al., may very well lead to an even more bellicose confrontation between Russia and the Western powers. Russia is quietly supported in their various moves to protect Ukrainian sovereignty by many other nations including China, another permanent member of the UN Security Council.
There are several other key nations that have been victimized by US military action and/or threats of aggression which also stand firmly behind the Russian response. Likewise, there are many countries around the world that have been the recipient of intense economic pressure and financial leverage used by the US-EU to compel compliance with their oppressive agenda.  The BRICS economic union is particularly aligned in their mission to end US global dominance, and especially to terminate the petrodollar as the world’s reserve currency.
The same bloc of nations is well aware that the USA carefully premeditated the color revolution staged in Kiev as a means of deliberately provoking the Russian “bear”.  They are also cognizant of Russia’s firm intention to reverse this coup d’état coordinated by the CIA.  Nevertheless, it is clear that there are critical geo-political moves being made on the Ukrainian chessboard which will ultimately determine who wins the Great Game, once and for all.  
From a much larger perspective, it is important to understand that there are truly “universe-shattering” events in the making that directly revolve around the future of the Ukraine.  When portentous threats and counter-threats are made on a daily basis such as those delineated in this article, the world has already changed … profoundly and irreversibly!  The inevitable outcome of the upcoming massive movements of money and power, influence and force, will determine the future economic and financial landscape of the planet. 
Screen Shot 2014-03-08 at 9.00.23 AM
Source: “Political, military standoff escalates in Ukraine’s Crimea region” (CNN)
The Obama Administration is operating under extreme pressures at home and extraordinary stresses from abroad. 
Why would Team Obama execute the violent overthrow of yet another democratically elected nation on Russia’s border, unless it was a necessary diversion to soon-to-be-presented “Universe-Shattering Evidence“?
“When this information is finally exposed to the public, it will be universe-shattering,” Mike Zullo told WND. “This is beyond the pale of anything you can imagine.”[1]
This quote refers to a statement recently made by Mike Zullo, the lead investigator of the Cold Case Posse (CCP) that was constituted by Phoenix Arizona Sheriff, Joe Arpaio.  The CCP has evolved into a full-blown “Obama Criminal Investigation” and Zullo is referring to evidence that will be presented in an upcoming March news conference. Initially set up to investigate the authenticity of Barack Obama’s birth certificate, the CCP has since significantly expanded its mandate.  This augmentation of investigative powers occurred because of a continuous stream of incriminating evidence that has poured into Zullo’s office regarding other illicit conduct on the part of Obama and his Administration.
“I can’t tell you what this is, but the magnitude is so great that Sheriff Arpaio has allotted resources from the Maricopa County Sheriff’s Office. He is fully invested in this and I don’t think I’ve been home more than two days this month.”  – Mike Zullo [1]
What could be so “Universe Shattering” that Team Obama would deliberately implement covert plans to instigate a civil war in an ex-Soviet Republic during the entire Sochi Winter Olympics?
“According to Zullo, Arpaio has taken down the previous barrier between the CCP [Cold Case Posse] and the MCSO [Maricopa County Sheriff's Office] regarding the expanded criminal investigation that now goes way beyond just the forged BC [birth certificate].” [1]
Both Zullo and Arpaio ought to be commended for the depth and integrity of their investigation.  In the process they stumbled upon a genuine national security threat as follows:
“Zullo explained that along with new information discovered regarding the birth certificate since the posse’s March 1 press conference, his team has discovered Hawaii provides easy access to a birth certificate, even if the child wasn’t born in the state.”
However, the much greater national security risk exists in the fact that, at any time, the president can be threatened with exposure on the front page of any major newspaper or on any of the major networks’ evening news.  The risk goes well beyond these two examples, since any foreign nation could also make Obama’s forged birth certificate their top story — evidence and all — for a protracted period of time.  In this way a sitting president can be coerced or extorted into making a desired decision(s) on behalf of those applying the political pressure.
wagthedog

WAG THE DOG

“To ‘wag the dog‘ means to purposely divert attention from what would otherwise be of greater importance, to something else of lesser significance. By doing so, the lesser-significant event is catapulted into the limelight, drowning proper attention to what was originally the more important issue.”
It is a well known political device in times of extreme stress and extraodinary pressure that wars are started in foreign lands as a diversionary tactic.  These patently illegal wars are calculated to divert attention from some very serious political or criminal developments at home.  Everything points to the Ukrainian crisis being manufactured by the political arm of the White House.  Now the question is why embark on such a risky, dangerous and misguided venture?
Of course, there are other very good reasons why Obama would literally start World War III.  Not only are his poll ratings tanking, Obamacare is proving to be an disaster of epic proportions.  His gross ineptitude and willful neglect on the economic front has also become so apparent that a war would not only serve as a necessary distraction, it might also provide a desperately boost to the economy.
The operative word in this discussion is DESPERATE.  The current administration has acted with such a high degree of recklessness and irresponsibility, by their provocations and inciting violence against a sovereign nation, that they do seem inordinately desperate.  This conduct includes the regular dissemination of outright falsehoods and fabrications which have only aggravated an already grave situation.  Obama, Kerry, Nuland and Company did their level best to twist the realities on the ground in Kiev, as they continue distort the responses of Russia’s Vladimir Putin.
Unparalleled Constitutional Crisis Hss Been Brewing For Over Five Years
The ongoing constitutional crisis, which has been in the making since Obama took center stage in American politics, is fast coming to a head.  The massive and unprecedented problems with Obamacare have only accelerated the drive to understand how a presidential candidate was vetted so poorly by his own political party. That he was eventually forced to post a forged and fraudulent birth certificate as proof of eligibility, on an official White House website, has only intensified the efforts of those who pursue the truth and demand justice.
With an ever-growing number of independent voters who are no longer aligned with either side of the two-party system, there is less tolerance for outright criminal activity by those in government service, especially within the Federal Executive Branch.  The Tea Party, in particular, has aggressively pursued the truth about Obama, going so far as to solicit Sheriff Arpaio’s official assistance back in 2011.
Truly, when the factual revelations about President Barack Obama’s actual history are made known, everything will change. When the various willful violations of federal law and state statutes are presented to the public, the current Administration will collapse in a day and a night. As the details of this multi-year crime spree are disseminated throughout the mainstream media (MSM), this nation will cease to operate the way that it has been.
Team Arpaio: Major Media Heavily Involved
In Sheriff Joe’s Obama Criminal Investigation
“*
*The Birther Report was posted here because it was the only video source  
that spoke directly to the recent developments announced by Mike Zullo.
When multiple sources publish that major media will be involved with
with the Obama Criminal Investigation, the more that possibility exists.
The point is that when the mainstream media gets involved, the entire
Obama Birth Certificate charade is very close to blowing wide open.
And that’s as big as it gets!  
Can there be any other reason why Obama’s State Department would aggressively foment a revolution in the biggest economic and political powder keg on the European Union border? While there are also other compelling economic and financial considerations that motivated the US (and EU) to perpetrate an act of war against a Russian-speaking people, there is something much bigger in the offing that Team Obama felt necessary to distract from.
Yes, the birth certificate has been scientifically proven a fake.  Therefore, it really is now that serious. Because the MSM has knowingly and willingly colluded in deceiving the American public since April of 2011, when the forged and fraudulent birth certificate was first posted on the WhiteHouse.gov website, this whole situation has only gotten much more complicated.  The MSM is profoundly complicit in the cover-up of a series of high-level crimes, which have been committed in an effort to deceive the American people.  That they have have never been so desperate is easily seen by watching any news coverage.
This evolving crime saga is not only very complicated for Obama and his Administration, the Congress, the Supreme Court, and the entire Democratic Party, it also presents the most thorny and divisive issue to be taken up by the US electorate as well as the nation-at-large. Of course, the far-reaching ramifications for geo-political relationships, signed treaties, trade agreements, etc. are also complex and convoluted.
When Israel Enters The Fray
When the Israel Science and Technology website performed exhaustive analyses and technical assessments on the posted copy of Obama’s Long-Form Birth Certificate, they found definitive evidence of forgery and fraud that was as irrefutable as it was unassailable. Here are the final and categorical conclusions which they published on their web page entitled:
The analyses presented below reveal without a doubt that the Long-Form Birth Certificate of Mr. Obama is a fabricated, fake and forged document.
The publication of such a blatantly fake document about something so basic as the birthplace of Mr. Obama, should raise great concern about the suitability of the person who is holding the reins on the most powerful country of the World.
Moreover, the lack of action on the part of the members of the United States House of Representatives and Senate, as well as the courts of the United States, despite many previous appeals to these three branches of American government, also raise a concern about how the governmental institutions of the reputedly best, and certainly the most important democracy in the Free World have avoided this issue.”
DrudgeReportSheriffJoeObamaBirthCertificateFake-7-17-2012-CROP-BC-SS
Conclusion:
Without a doubt, there are some very serious problems within the Obama Admisistration.  This president has not only turned out to be the most divisive and untrustworthy in US history, he seems to go out of his way to inflame passions around the most volatile issues. You name it – gun control, immigration, gay marriage, abortion, marijuana legalization, partisan healthcare reform, inserting himself into inter-racial killings, steadfast refusal to enforce laws not to his liking, abuse of executive orders, misuse of recess appointments, extrajudicial assassinations by drones, NSA spying on foreign leaders and innocent US citizens, dramatic increase in the national debt, string of broken campaign promises such as Guantanamo, etc.
Much more significantly, Obama always seems to take the wrong side of these inflammatory issues.  Or, he thoroughly mucks them up as he has with his fatally flawed ‘signature’ legislation ObamacareGiven all the governmental debacles and disasters that have occurred on his watch, you really have to wonder what his real purpose is!
There is much more dubious conduct on the part of Obama and his Administration that beckons for further inquiry and investigation.  As follows:
•  Using the IRS to target Obama’s political enemies
•  Repeatedly and lawlessly rewriting the Affordable Healthcare Act
•  Benghazi debacle and cover-up
•  Associated Press reporters’ phone records scandal
•  ATF “Fast and Furious” scheme
•  HHS Secretary Sebelius solicits large donations from companies to save Obamacare
•  Pigford scandal
•  Immigration Enforcement – relentless subversion by DOJ
•  GSA Administrator resignation in the face of blatant waste of taxpayers’ money
•  Justice Department monitoring reporter James Rosen of FOX News
•  Cash for Clunkers fiasco
•  Solyndra and other solar company financial scandals
•  BP Gulf oil spill gross misrepresentation and mishandling
•  Obama’s birth place questioned according to his own Harvard Law Review entry
•  CIA Spying on the Senate
One would think that a sitting president, who has not even proven his eligibility to occupy the office, would tread very carefully.  Instead, Obama cavalierly commits more crimes to cover up the most felonious transgressions of his administration.  Perhaps in the hope that he will successfully divert and distract his way through two terms, does he so brazenly stay the same course — “Welcome to the Shuck and Jive Show“!
Michael Thomas
March 8, 2014
StateoftheNation2012.com
Author’s Note:
It is inconceivable, in view of so much categorical evidence that demonstrates a forged and fraudulent Obama birth certificate, that the US Congress has allowed this situation to go unaddressed.
Clearly, there are so many bonafide cases of misprision of felony[2] throughout this sordid affair that it’s difficult to know who to hold accountable first.  Scores of government officials, political operatives, DC attorneys, Democratic party leaders and the like will eventually be identified for their obvious failure to blow the whistle on this premeditated presidential deception.
They — all of them — have knowingly deceived the American people and violated the public trust in a most profound and fundamental way.  This constitutional republic will never be the same.  Nor should it be, when all is said and done.
Editor’s Note:
What is fast developing on the global economic/financial chessboard is a complete international and multi-institutional rearrangement of the recently shredded Bretton Woods Agreement. Several countries have been secretly or quietly exiting the Bretton Woods System for years.  Because of the many interpenetrating and seemingly inextricable linkages between those nations who want to maintain this US-UK dictated system and those that don’t, the final divorce has been tentatively postponed time and again.
However, the longer the period of the ongoing separation, the more groundwork that has been fastidiously laid by those who have already decided to leave the Yankee-English reservation.  Were one to look closely at the many initiatives taken by the BRICS economic union, it would become obvious that the end is very near indeed.  Brazil recently announced the plan of a “new undersea cable” completely outside the internet sphere of Anglo-American influence.
The upshot of this whole state of affairs is that the world is literally on the cusp of an unprecedented and earth-shattering transformation.  The birth pangs have been felt for years, especially since 9/11.  The Crash of 2008 only accelerated the process.  The fateful US-UK ‘miscalculation’ in the Ukraine may very well serve as the catalyst for the Russian midwife to finish the delivery.  The new baby will live in a world that is not dominated by any single currency ($) or nation (U$) or military pact (NATO).
Neither will it be presided over by a Nobel Peace Prize ‘winner’ who perfected the art of drone warfare by which hundreds of innocent civilians have been killed.  And, who has yet to produce his birth certificate after five years of occupying the highest office in the land!
Endnotes:
[1] www.freerepublic.com
[2] Misprision of felony defined (Source: www.law.cornell.edu)
Screen Shot 2014-03-07 at 8.39.23 PM
References:


Read more: http://www.storyleak.com/universe-shattering-evidence-re-obama-criminal-investigation-announced-cold-case-posse/#ixzz2wQCUZGGM

ANALYSIS OF EXECUTIVE ORDER 13303

THERE SEEMS TO BE A LOT OF CONFUSSION ABOUT EXECUTIVE ORDER #13303
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ANALYSIS OF EXECUTIVE ORDER 13303
When George Bush stocked the US Treasury with Trillions of Iraqi Dinar in 2003, he also signed an Executive Order protecting such from ANY KIND OF ENCUMBRANCES (EO #13303), which Obama (who I am sure will try to take credit for setting this all up) just extended through May 22, 2014. This makes me believe that it will all be done by then... but what is the rest of the story? (READ BELOW)
IMPORTANT PARTS OF E.O. 13303:
I, GEORGE W. BUSH, President of the United States of America, find that the threat of attachment or other judicial process against the Development Fund for Iraq, Iraqi petroleum and petroleum products, and interests therein, and proceeds, obligations, or any financial instruments of any nature whatsoever arising from or related to the sale or marketing thereof, and interests therein, obstructs the orderly reconstruction of Iraq, the restoration and maintenance of peace and security in the country, and the development of political, administrative, and economic institutions in Iraq. This situation constitutes an unusual and extraordinary threat to the national security and foreign policy of the United States and I hereby declare a national emergency to deal with that threat.
[He then goes on to exclude all the above from any judicial process. I would contend that an argument could be made to also include taxes of any kind]
Section 1. Unless licensed or otherwise authorized pursuant to this order, any attachment, judgment, decree, lien, execution, garnishment, or other judicial process is prohibitedand shall be deemed null and voidwith respect to the following:
[some text excluded]
(b) all Iraqi petroleum and petroleum products, and interests therein, and proceeds, obligations, or any financial instruments of any nature whatsoever arising from or related to the sale or marketing thereof, and interests thereinin which any foreign country or a national thereof has any interest, that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of United States persons.
[some text excluded]
[Who are "United States persons"? See Below]
Section 3. For the purposes of this order:
(a) The term "person" means an individual or entity;
(b) The term "entity" means a partnership, association, trustjoint venture, corporation [or LLC], group, subgroup, or other organization;
(c) The term "United States person" means any United States citizen, permanent resident alien, entity organized under the laws of the United States or any juris-diction within the United States (including foreign branches), or any person in the United States;
SO, IN MY VERY HUMBLE OPINION:
1. Executive Order 13303 essentially EXCLUDES all of Iraq's currency (IQD) that is owned by a U.S. “person or entity” from ANY kind of encumbrances (taxes).
[NOTE: This only applies to the IQD, not to any other currencies. This MAY be the reason why we have always been told to keep the IQD in a separate account from any other currencies “for tax purposes”.]
2. THEREFORE, any IQD that “we” own as citizens of the United States (or is owned by a trust or LLC) should be EXCLUDED from any taxes,
3. FURTHERMORE, this is a "currency exchange" not an "investment" so "capital gains" taxes should not apply either way. There is a tax on the books for "excessive exchange of foreign currency" at a minimal rate (much lower than "capital gains" or "ordinary income" would be),
4. HOWEVER, Executive Order 13303 should EXCLUDE the IQD from any “currency exchange” tax also.
5. THEREFORE, it sounds like the IQD is EXCLUDED and protected from ANY kind of withholding,tax, fee, garnishment, lien or judgment under this provision, so any tax would be null and void and would not be applicable.
6. Be very careful at your "CURRENCY EXCHANGE" to never refer to it as "cashing out" or "selling an investment". It is a "financial instrument" being exchanged for US currency, so any kind of excessive fees, taxes, garnishments, etc., should fall under this exclusion.
NOTE: If your Dinar is held by your trust, it will be exempt from any "gift taxes" when your trust purchases a HOUSE, VEHICLE, EDUCATION, or any other asset for your children (who are listed as beneficiaries of the trust).
SUBSEQUENT EXECUTIVE ORDERS PERTAINING TO E.O. 13303:
1. Executive Order 13315 of August 28, 2003,
2. Executive Order 13350 of July 29, 2004,
3. Executive Order 13364 of November 29, 2004,
4. Executive Order 13438 of July 17, 2007.
So here is the BIG CATCH 22:
If the PTB continue to delay this PAST the May 22, 2014 extension, then the possible ZERO TAX scenario outlined above would become “null and void”. Therefore, all the people and “entities” who have exchanged prior to the deadline, would be exempted from any tax, garnishments, fees, etc. (including the Dinar held by all the corrupt Banksters and Politicians).

__________________

Dave Schmidt "The RV is Unfolding"

03/19/2014
 
March 19th, The RV is Unfolding!!!

Posted on March 18, 2014 by Dave Schmidt

Last week I mentioned the RV was underway, this week unfolding is a better word.

I mentioned the RV is a three step process.  First, the release of the bonds.  Second, the RV unfolding.  Third, the GCR. 

The first step is done and is signified by some new developments that took place in the last week.  I’m attaching a 15 minute You Tube video entitled “The Freeing of Humanity.” 

This video gives the history of much of the gold in SE Asia that was under the trustee control of President Seokarno, the former president of Indonesia. 


http://www.youtube.com/watch?v=_S8QbITwXAw

The trustee control has been transferred to his son.  The video displays pictures of his son, one week ago signing a sheet of uncut new U.S. Treasury $1 bills. 

These are new U.S. currencies to be backed by gold and to replace the current Federal Reserve notes.

http://www.youtube.com/watch?feature=player_embedded&v=bRbb_f_8VMg#t=0

It’s all underway and unfolding.  I’ll keep you posted if any new developments take place this week. 

We’ll be discussing this and taking your questions on this weeks radio program. 6PM PT/ 9PM ET

http://thesedonaconnection.wordpress.com/