Tuesday, April 15, 2014

"10 Signs the Global Elite are Losing Control" Posted by IamJoy at TNT

"10 Signs the Global Elite are Losing Control" Posted by IamJoy at TNT

04/15/2014
IamJoy:  10 Signs The Global Elite Are Losing Control

 Karma is coming for the elite in a big way. As the Powers That Be head toward a devastating defeat in their war plans for Syria, signs are emerging that their rule over humanity is rapidly diminishing.

Over the last decade the global elite have been on a mad dash to consolidate power over the world. It's always been their plan like some evil villain in a comic book, but after 9/11 the plan went into overdrive and then turbo charged during the financial crisis of 2008.

Yet it's doomed to fail because humans are meant to be guided by their own free will, not controlled like livestock. The more the elite try to control humanity, the more entropy occurs. Entropy, for those who don't know, is the lack of order or predictability; a gradual decline into disorder.
....

Although the elite still enjoy a huge wealth advantage over the masses, they are now resigned to behaving like tyrants to maintain control. This, in turn, exposes their dark side which has been cleverly concealed for ages. Not anymore.

People are waking up in droves, at least as fast as the elite can build their full-spectrum prison matrix. Let them try. To paraphrase Victor Hugo, "No army can stop an idea whose time has come."

Here are ten signs that the elite are losing control over the people

1. Official lies no longer effective: The lies they tell simply don't work anymore. There was a time when official lies, especially about war and peace, were believed. Because, after all, how evil would it be to lie about such things? Generally people want to believe they are being told the truth when life and death is at stake. The boy who cried wolf has cried one too many times. Even if they told the truth at this point, very few would believe them.

2. No confidence in politics: US politicians have a paltry approval rating. The trust in government is at all-time lows here and around the world. Mainstream polls show only 10% of the public has confidence in Congress. In other words, 90% don't believe in them to be competent to govern.

 3. No confidence in media: The most recent polls show that 77% of the population no longer trusts corporate TV news. Is it any wonder why the establishment media failed to sell the lies about the alleged Syria chemical event? With all their monopoly might over the airwaves, they can no longer claim that black is white simply because officialdom says so.

4. Bankers rejected: Hungary recently became the first country to follow Iceland's lead by shedding international bankers (IMF) and is considering pursuing prosecution of past prime ministers who enslaved the people with debt.

5. Vatican abruptly cleaning up its act: Under the previous Pope, Pope Benedict, scandals erupted from the Vatican ranging from covering up pedophile priests to money laundering and fraud. Benedict, in an unprecedented move, abruptly retired to make way for a seemingly much more likable Pope Francis. Pope Francis by all measures is working furiously to reclaim the church's peaceful and humble reputation. Whether this is genuine or a PR move, it's telling that the church was forced into such a drastic turnaround to save itself from losing all credibility.

Also see:
What If Everything You Were Taught Was A Lie?

6. Mutiny among soldiers: Finally. Soldiers, who are outlawed from making political statements, are steadily speaking out against US military adventurism. As Einstein famously said "The pioneers of a warless world are the young men (and women) who refuse military service."

7. Militarized police state: One of the darkest signs that the elite are losing their grip on power is the construction of the militarized police state specifically trained to combat domestic civil unrest. Local cops with tanks and other combat gear are working with Feds at Fusion centers, active Army units are on American soil for the first time in history, the NSA spy grid is being used by the IRS and DEA, and the elimination of due process for Americans under the NDAA are just some of the tyrannical moves made to secure the elite criminals from public backlash. They're clearly scared, and they should be given what they've done to the American people and the Constitution.

 8. Serious secession movements everywhere: A state seceding from a larger political entity used to be an ultra-fringe concept, until now. In America, secession movements are winning over the public in parts of Colorado and California. In Europe, serious secession movements are happening in Spain and Scotland, as well as several EU nations flirting with the idea of dropping out of the euro. Decentralization = Entropy!

Also see:
It's All Collapsing, Right On Schedule!

9. GMO food being rejected everywhere: Control the food and you control the people. True in theory, but much more difficult in practice. GMO leaders like Monsanto are being exposed. All of their economic and political strength cannot defeat the spread of knowledge about the dangers of pesticide-soaked Frankenfoods. GMO fields are being burned in protest in America and around the world, informed nations continue to reject their products, and labeling laws are gaining traction.

10. Cannabis liberation: Many reading this will think marijuana legalization is a superficial development. However, it is a major signpost that the elite's grip is fading. Enormous resources have been spent to keep cannabis illegal. Cannabis has been a powerful medicine for physical, mental, and spiritual health throughout the ages. This single plant represents a huge threat to the power structures and their industries, hence its seemingly senseless illegality. The approaching global reversal of the tyrannical policy of prohibition is the first of many concessions to come.

http://www.in5d.com/10-signs-the-global-elite-are-losing-control.html

http://www.dinarrecaps.com/1/post/2014/04/10-signs-the-global-elite-are-losing-control-posted-by-iamjoy-at-tnt.html

BLM to be stripped of power in Utah

Two Updates – Jim Stone: BLM to be stripped of power in Utah; The BLM dropped NOTHING

Posted on by Jean

BLM to be stripped of power in Utah

Utah sheriffs want the BLM stripped of all priviledge to enforce state laws, because they and the forest rangers are exercising abusive power and attitude, and they are sick of it. Because this appeared in Deseret news (I am actually shocked) it cannot be ignored. Deseret news is one of the last decent print publications in the country. Get the details there, This lengthy article really says it all (the way I would)
April 14, 2014
UPDATE: The Feds changed radio frequencies this morning, and there are reports saying Federal vehicles are moving on the ranch
The BLM has not backed off on the Bundy’s, and will continue to proceed to try to take the ranch, as I predicted. Because this is the case, I am going to re-post the following:
There is apparently a momentary stand down, but they are still out there and around the area and that begs the question: Are they waiting for people to tire of this story before acting on it for real? Once everyone goes home, the protestors are not likely to return a second time for the real show . . . . . . and THAT could be the plan.
I would not be surprised if during this time frame the Bundy’s go crazy compliments of a dose of something from the CIA, a little warning to the Bundy’s – IF THAT DINER YOU EAT AT GETS A NEW EMPLOYEE,
THAT IS HOW THE CIA NAILS PEOPLE. They will watch you, see where you get your food, and somewhere in your food supply there will be a weakness – bread you buy, a place you eat, whatever, and the CIA will get someone hired on there as an employee, and that employee’s REAL JOB will be to take you out with drugging or poisoning. Heads up, this is not a joke – I am former intelligence and this is just basic knowledge, how they do things.
You won’t even show symptoms of having been poisoned or drugged until a week or more after it happens (so hopefully you return for repeat doses), their stuff is all delay action. They prefer small cumulative doses just in case someone who is not the target gets some by accident, whatever happens to someone who gets one small dose won’t usually destroy them.
WATCH YOUR FOOD SUPPLY, EAT FRESH BEEF OF YOUR OWN AND A LOT OF CANNED GOODS. DO NOT EAT OUT at ANY diner you normally visit.
The CIA’s goal will be to render you incompetent or too sick to fight so you cannot put up a real resistance and will look stupid for the TV cameras. They will work hand in hand with the BLM to take you out over time, since the initial push did not do it.
http://jhaines6.wordpress.com/

Store Food/Water. Yellowstone May Blow.

Store Food/Water.
Yellowstone May Blow.
I noticed that the mainstream news media is trying to conceal 
the alarming truth about the growing danger of an explosion 
of the Yellowstone super volcano caldera. 
 
There was a herd of  bison filmed charging out of a sulfurous 
steaming, heating, or rumbling section of the Yellowstone 
National Park. 



 
The news media promptly issued a report that this film was a hoax, 
and that the herd of bison was charging INTO Yellowstone, not out 
of it. 



 
Now, it really takes an idiot to dream up a lie like that to pacify and 
distract the public. 
However, these idiots are also criminals, because as the danger grows 
that many thousands of unaware people may be killed in such a horrific 
catastrophe, those who chose to conceal this threat from the public 
must be charged with murder in the second degree.  



 
Type into your search engine: 



 
Yellowstone   April   2014   alert
 
Warn people, store food, water, medicinals . . . and google 
pollen masks, because volcanic dust particles are glassy and 
have sharp points which tear up lung tissue.     JD



 
 Thanks to Dr. Tom Termotto for sending this link. 

http://stateofthenation2012.com/?p=4764

STATE TV SAYS RUSSIA COULD TURN US TO 'RADIOACTIVE ASH' - FORWARDED BY ERASMUS OF AMERICA FROM YAHOO NEWS 03.16.2014 - APRIL 14, 2014

STATE TV SAYS RUSSIA COULD TURN US TO 'RADIOACTIVE ASH' - FORWARDED BY ERASMUS OF AMERICA FROM YAHOO NEWS 03.16.2014 - APRIL 14, 2014

      "SLEEPING NATIONS ARE EASY TO CONQUER!" - ERASMUS OF AMERICA

     I spent eleven years in military academies and got involved with military intelligence activities. I scored many bull's eyes in military intelligence. I got the top ultimate weapon design left over from Nazi Germany and hidden from Soviet and American Intelligence. I got the most brilliant defense engineer of America in the Cold War and we completed the Nazi technology and ultimate weapon design. I nicknamed it "The Wrath Of God" as it is overwhelmingly more powerful than any ultimate weapon system possessed by America, Russia, China, etc. Any nation having this is then the undisputed military power of the world. This defense engineer of America had the same negative opinion of Wash., D.C. as I have and so we never turned over this colossal weapon system to Wash., D.C.
     When America passes my proposed Omni Law, then I have a way I will allow this ultimate weapon system to be built for America, but on my terms, not that of Obama or other traitors in Wash., D.C. It is not to be used as a weapon to conquer the world with, but only to strengthen the national defense of America with. I suggested to this defense engineer that we do a reversal of engineering logic. I have these systems of logic how to invent in engineering fields and this defense engineer thought my systems of engineering logic were brilliant and no engineering school had ever thought of these systems of engineering logic. We had the greatest ultimate weapon system in human history and then we figured out how to turn this Nazi technology into the most powerful air defense system seen in human history and used correctly could potentially stop all nuclear warhead missiles from any nation from ever reaching America.  
      Separately I had underground connections across the world and somewhere and somehow I located this defector from the Moscow Institute For Nuclear Studies who did not notify Western intelligence services when he in disgust slipped out and left the Soviet Union then in power. He had a good military background and had once been given a tour of Cuban secret defenses by Fidel Castro when he met with him. Castro discussed with him how the Soviet Union could easily defeat America in a global nuclear war once started. This defector was not wildly pro-Western, just basically tired of Communism and wanted out of the rat race. He would not have done this for the Pentagon, but he liked my style of cynical thinking towards both sides in the Cold War and so turned over to me all the nuclear attack plans of Moscow then.
     Putin and I know the same nuclear attack plans of Russia against America. Moscow modernized some things, but the basic foundation is still the same  how to annihilate America the first blow when a nuclear war starts between Russia and America. This has to do with the Pearl Harbor doctrine first developed by Soviet military planners. Thinking unorthodox, I had him train me like a Soviet general so I could think like them in a nuclear war. I frankly judge I understand Russian military thinking better than the Pentagon. The Pentagon is good, but frankly not infallible against the Russians who also have some very smart people on their side. I saw recent moves by Russia setting up the planned annihilation of America and I saw no move by the Pentagon indicating that they ever recognized or understood what Russia had just done.
     Obama wants to make America a Communist nation. All the economics that he ever studied were from Communist teachers inside and outside of college level. I want to make America a serious free enterprise nation again. Pass my Omni Law, free enterprise wins in America and the economy skyrockets with jobs and prosperity for all. Don't pass it and the sleeping Americans will finally let America be turned into a Communist nation by Obama and those Democrats who are secretly sympathetic to Communism but smart enough not to openly admit it. Obama also wants to make America a Muslim nation. I want to make America a Christian nation in values again, but all are free to worship God as they will such as Jews, etc. and atheists can still raise their children as atheists, but they will know that the national culture has strongly moved into support and acceptance of Christian values that gave the world the great Western culture of science, engineering, representative government when not controlled by the corrupt, free enterprise is super great when done correctly for national economies and the world economy, etc.
     For those ordering from my website through the end of April, 2014, give me your email and I will send you my report on "Organic Farming Report" which shows you trick angles of brilliant people how to make organic farming so powerful in results as to overwhelm and replace GMO food, chemical insecticides and fertiilizers, etc. trying to replace God given principles of gardening from your yard on up to and including large commercial farms. GMO food is not smart for farming from the scientific information I have seen and I want it replaced by a return to the basic farming that has worked for mankind for thousands of years. 
     Our national website is www.fastboomamericaneconomy.com Our national email is fastboomamericaneconomy.com@gmail.com  . Our national mailing address for orders sent to us by mail instead of through our website is NIFI, P.O. Box 1465, Seneca, SC 29679 . Make checks, etc. out to NIFI and tell us what the order is for. Include your mailing address, email is possible, etc. Pass this report around in America unless you want Obama and his allies of corruption to run America instead of honest leadership raised to give America a future and a new branch of government created by our Omni Law as shown on our website which creates national trustees who can call national referendums for you to vote in whether you want certain laws and policies passed by elected officials who really do not want to represent you in Congress or else stonewall the American people over laws and policies you want passed and Congress is stonewalling you because they do not want to do what you want them to. Orders and our loan program shown on our website help finance our Omni Law Drive to get this passed as a constitutional amendment as soon as possible. We can win soon with your support but don't want the other side to know all our aces up our sleeves until ready to play them. We have a strong hand to win with behind the scenes. Without earlier support, we would not have a strong hand we can play soon. Your past support made possible the strong hand we have now but timing is also important for maximum effect to win a fast victory! Yours For God And Country, Erasmus Of America (pen name for that leader giving the enemies of America a real run for their money where they are starting to get the terrible feeling that they are going to soon lose to us as we restore true control of the federal government in Wash., D.C. back to the American people who it legally belongs to but was stolen from you by traitors in Wash., D.C. Also, they worked to carry out the plans of  those corrupt evil secretly backing them with finances and control of much of the news media.)

     I like to give free plugs to Messiah's Branch which copied this from Yahoo News and then I copied from their newsletter of May, 2014. Their address is 230 West 4th Street, Florence Kansas 66851. Send them a buck or so and ask for a free sample of their monthly newsletter which carries very interesting reports each month from other sources. They don't have the vast number of reports with them like Nesara News does, but they do get good reports that all Americans should see.
    

      Now quoting from the original release of Yahoo News 03.16.2014 .

     Moscow (AFP) - A leading anchor on Russian state television on Sunday described Russia as the only country capable of turning the United States into "radioactive ash," in an incendiary comment at the height of tensions over the Crimea referendum.

      "Russia is the only country in the world realistically capable of turning the United States into radioactive ash," anchor Dmitry Kiselyov said on his weekly news show on state-controlled Rossiya 1 television.

     Kiselyov made the comment to support his argument that the United States and President Barack Obama were living in fear of Russia led by President Vladimir Putin amid the Ukraine crisis. His programme was broadcast as the first exit polls were being published showing an overwhelming majority of Crimeans voting to leave Ukraine and join Russia.

     He stood in his studio in front of a gigantic image of a mushroom cloud produced after a nuclear attack, with the words "into radioactive ash."

     "Americans themselves consider Putin to be a stronger leader than Obama," he added, pointing to opinion polls which then popped up on the screen. "Why is Obama phoning Putin all the time and talking to him for hours on end?" he asked. Kiselyov has earned a reputation as one of Russia's most provocative television news hosts, in particularly with his often blatantly homophobic remarks. But he is also hugely influential with his weekly news show broadcast at Sunday evening prime time.

      Putin last year appointed Kiselyov head of the new Russia Today news agency that is to replace the soon to be liquidated RIA Novosti news agency with the aim of better promoting Russia's official position. Kiselyov also made great play of Russia's so-called "dead hand" capability to fire nuclear-capable intercontinental missiles automatically in the case of attack.
   
     The system, also known as Perimeter, was in use during the Cold War but its use in post-Soviet Russia is not officially confirmed. But Kiselyov appeared to claim it remained active, giving Russia the chance to strike back even if its main command positions were taken out in a strike by the West.
   
      "Even if people in all our command posts after an enemy atomic attack cannot be contacted, the system will automatically fire our missiles from mines and submarines in the right direction," he added.

      The channel's graphic showed the line of a Russian missile heading towards the Pacific coast and the United States. Pro-opposition news site slon.ru did not mince its words in describing the implications of Kiselyov's comments. "This evening...Dmitry Kiselyyou threatened the United States with a nuclear strike if the conflict over Crimea deepens," it said.

      Russia and the United States are reducing their Cold War missile and nuclear warhead arsenals under the terms of a the New Strategic Arms Reduction Treaty that entered into force in 2011. (End of quoted report from Yahoo.News.)

      A comment from Erasmus Of America. I watched an elected official in Moscow indicate that he was happy for this New Strategic Arms Reduction Treaty when passed. As he explained it, America had a good advantage in nuclear warheads over Russia then. By the treaty, America would be pulled down to the same size nuclear arsenal as Russia then and make it much easier after that to defeat America if a nuclear war came. I know the Russian tricks with nuclear attacks including the wiggle missiles that confuse computers how to calculate how to intercept nuclear warhead missiles, the missiles that disappear from the radar screens, the missiles designed to withstand EMP attack, and other clever tricks of theirs.
     However, if my Omni Law is passed before this World War III erupts Obama seems to have such an itch to start, I will show the Pentagon a clever trick from the Moscow Institute For Nuclear Studies. The Soviets were quite ruthless and their own tactics can be used against Moscow itself if necessary. Use one bomb correctly and you annihilate an entire continent. This was planned for America, but it can be done to Russia also. If Moscow knows that the Pentagon is now taking orders from me due to the Omni Law now being passed in America, there will be no nuclear war between Russia and America then. Our differences will be solved peacefully then and not by a dumb nuclear World War III. I can save 300 million Americans from all dying in a dumb nuclear war. Obama is dumb in military and does not know how to do this. 
     I am in a strange situation here. I do not wish to see Russia destroyed. I descend from a minor branch of the royal line of Czarist Russia and I am not interested in seeing the people and nation some of my forefathers founded be destroyed by a bad move in military. I am not picking a war with Russia and once the Omni Law is passed in America, I will build bridges between America and Russia and make it economically smart for both nations to work together rather than act as enemies towards each other. But even Russia must understand this about me. I am a man of honor and if I am in real control of the military policy of America during a time of crisis, I am honor bound to defend America by all means possible if necessary. If it was required that I was bound to save America by defeating Russia, by my code of honor though I would hate to do this, I would defeat Russia if necessary. But understand this also. If I had been the Czar of Russia, then I would have been honor bound to defend Russia by all smart means necessary and not allow Russia to be defeated by any power on earth. I would in that case be a real czar and woe unto any enemy who was dumb enough to pick a fight with me! That is my character bound by a code of honor that I doubt that Wash., D.C even understands as I don't see a code of honor being upheld by the current leadership in Wash., D.C.           
     Russian intelligence reads this statement of mine above, they will automatically analyze I know how they play their hand and it would be national suicide for Russia to start a war with America if once my Omni Law is passed in America. If I lead America, there will be no nuclear war between America and Russia. And once hot tempers are calmed down, we will end up with a great relationship between America and Russia and both nations will greatly benefit by economic deals that we will make with one another.
     Once my Omni Law is passed, America will suddenly become incredibly strong in military overnight. There will be no reason for Chinese military to try and plan how to militarily defeat America in a nuclear war. I grew up with some Chinese and know how the Chinese think! I have great respect for the Chinese and wish China no harm or evil. But if required, I would defend America from any Chinese military plans against America and with my hand of super military technology, I would automatically win against China. But I want peace and not war between America and China. I got a copy of his address. One retired Chinese general talked about Chinese plans how to take over North America, kill off two-thirds of all Americans and make the other third of Americans the slaves of Chinese coming over the Bering Straits to colonize and annex North America to China. Under Obama he is so evil and also so amateur in professional talents, maybe China could carry out and win with such a plan. But once my Omni Law is passed in America, America will never be conquered or annexed to China. Also, your plans for colonization of America will be stopped and then. I read what you planned and I will not allow this to happen to America. Putin is a real leader for Russia. I am a real leader for America. And I was very surprised years ago when connections of mine told me that American intelligence rated that I would be the strongest leader of this age for America and I would stop any enemies from taking over or destroying America after that.
     I don't like war but peace. But I know how to play the game of war if required and win at it! When growing up, I was a pacifist by nature and would still be a pacifist if I believed this world was governed by basically good and not evil. But the evil still control too much of America and the world, so what they understand is strength, not appeals to decency and values of a civilized society. If I smash a determined enemy, after that he will be easy to reason with and want along with me peace and decent moral standards to run society and nations with. It is easy to reason with people who prefer evil rather than good when you are too tough for them and now see the light that maybe letting good rule over society instead of evil is not such a bad idea after all! - Erasmus Of America
P.S. For those with short legal memories in Wash., D.C., the Nuremberg War Trials of Nazi Germany in 1945-6 called it "Crimes Against Humanity" when Hermann Goering and Hitler outlawed during peacetime Jews and other Germans from moving their money freely and without legal permission from Nazi Germany put money into foreign investments and purchase of property outside of their nation.     




Monday, April 14, 2014

Happy Ending for Foals from BLM Wild Horse Slaughter Roundup

PLEASE READ THIS.  THESE ARE THE FOALS OF THE HORSES THE BLM ROUNDED UP ILLEGLY AND SOLD THEM TO SLAUGHTER.  IF IT HAD NOT BEEN FOR KIND HEARTED PEOPLE THAT RESCUED THE FOALS THEY WOULD OF GONE TOO.  THIS BLM MUST BE COMPLETELY REORGNIZED.
SHIRLEY

From: Straight from the Horse's Heart
Sent: Saturday, April 12, 2014 11:44 PM
 
Subject: [New post] Happy Ending for Foals from BLM Wild Horse Slaughter Roundup


R.T. Fitch posted: "Source: The Lovell Chronicle "It is 'Feel Good Sunday' and to find something good we had to dig into something that was really bad to locate even a tiny glow of sunshine.  It has been a week of the BLM and their rancher buddies breaking federal law on "
Respond to this post by replying above this line


New post on Straight from the Horse's Heart


Happy Ending for Foals from BLM Wild Horse Slaughter Roundup

Source: The Lovell Chronicle "It is 'Feel Good Sunday' and to find something good we had to dig into something that was really bad to locate even a tiny glow of sunshine.  It has been a week of the BLM and their rancher buddies breaking federal law on all fronts and our feature for today […]




Vetted Facts About the Bundy Ranch Land Dispute [video]

 

Vetted Facts About the Bundy Ranch Land Dispute [video]

Let’s trash the disinfo and please share, people! Senator Harry Reid gots to go.

Exclusive: Sources Inside the BLM and Las Vegas Metro Say Feds Are Planning a Raid On Bundy Home

The intel (and disinfo) is flying fast and furious. We wanted action—now we’re getting it. Let’s be careful out there and stay calm.
And let’s not be manipulated and go with our gut instincts. 
Please see the articles at Ben Swann’s web site and the video. I must run!  ~ BP
Also… BLM Claims It Will “Stand Down” In Nevada, Snipers, Agents and No Fly Zone Remain In Place
The Bundy Ranch Video Facebook Won’t Let You See
LOTFI: Who actually “owns” America’s land? A deeper look at the Bundy Ranch crisis
http://2012thebigpicture.wordpress.com/

"BRICS say So Long to the US and IMF"

 
BRICS say so long to the US and the IMF

Posted by Sqwatchy on April 14, 2014 at 7:17pm

Well, we can see now what the credibility of the USA controlled  IMF is after this weeks kicking the can down the road...AGAIN!!!, in Washington, D.C..

Very soon, the IMF will cease to be the world's only organization capable of rendering international financial assistance. The BRICS countries are setting up alternative institutions, including a currency reserve pool and a development bank.
Source: Russia Beyond the Headlines -

The BRICS countries (Brazil, Russia, India, China and South Africa) have made significant progress in setting up structures that would serve as an alternative to the International Monetary Fund and the World Bank, which are dominated by the U.S. and the EU.
....
 A currency reserve pool, as a replacement for the IMF, and a BRICS development bank, as a replacement for the World Bank, will begin operating as soon as in 2015, Russian Ambassador at Large Vadim Lukov has said.

Brazil has already drafted a charter for the BRICS Development Bank, while Russia is drawing up intergovernmental agreements on setting the bank up, he added.

In addition, the BRICS countries have already agreed on the amount of authorized capital for the new institutions: $100 billion each. "Talks are under way on the distribution of the initial capital of $50 billion between the partners and on the location for the headquarters of the bank. Each of the BRICS countries has expressed a considerable interest in having the headquarters on its territory," Lukov said.

It is expected that contributions to the currency reserve pool will be as follows: China, $41 billion; Brazil, India, and Russia, $18 billion each; and South Africa, $5 billion. The amount of the contributions reflects the size of the countries' economies.

Russia to launch domestic alternative to Visa and Mastercard

By way of comparison, the IMF reserves, which are set by the Special Drawing Rights (SDR), currently stand at 238.4 billion euros, or $369.52 billion dollars. In terms of amounts, the BRICS currency reserve pool is, of course, inferior to the IMF. However, $100 billion should be quite sufficient for five countries, whereas the IMF comprises 188 countries - which may require financial assistance at any time.

BRICS Development Bank

The BRICS countries are setting up a Development Bank as an alternative to the World Bank in order to grant loans for projects that are beneficial not for the U.S. or the EU, but for developing countries.

The purpose of the bank is to primarily finance external rather than internal projects. The founding countries believe that they are quite capable of developing their own projects themselves. For instance, Russia has a National Wealth Fund for this purpose.

"Loans from the Development Bank will be aimed not so much at the BRICS countries as for investment in infrastructure projects in other countries, say, in Africa,” says Ilya Prilepsky, a member of the Economic Expert Group. “For example, it would be in BRICS' interest to give a loan to an African country for a hydropower development program, where BRICS countries could supply their equipment or act as the main contractor."

If the loan is provided by the IMF, the equipment will be supplied by western countries that control its operations.

Asian markets offer a way out for Russia

The creation of the BRICS Development Bank has a political significance too, since it allows its member states to promote their interests abroad. "It is a political move that can highlight the strengthening positions of countries whose opinion is frequently ignored by their developed American and European colleagues. The stronger this union and its positions on the world arena are, the easier it will be for its members to protect their own interests," points out Natalya Samoilova, head of research at the investment company Golden Hills-Kapital AM.

Having said that, the creation of alternative associations by no means indicates that the BRICS countries will necessarily quit the World Bank or the IMF, at least not initially, says Ilya Prilepsky.

Currency reserve pool

In addition, the BRICS currency reserve pool is a form of insurance, a cushion of sorts, in the event a BRICS country faces financial problems or a budget deficit. In Soviet times it would have been called "a mutual benefit society", says Nikita Kulikov, deputy director of the consulting company HEADS. Some countries in the pool will act as a safety net for the other countries in the pool.

The need for such protection has become evident this year, when developing countries' currencies, including the Russian ruble, have been falling.

The currency reserve pool will assist a member country with resolving problems with its balance of payments by making up a shortfall in foreign currency. Assistance can be given when there is a sharp devaluation of the national currency or massive capital flight due to a softer monetary policy by the U.S. Federal Reserve System, or when there are internal problems, or a crisis, in the banking system. If banks have borrowed a lot of foreign currency cash and are unable to repay the debt, then the currency reserve pool will be able to honor those external obligations.

This structure should become a worthy alternative to the IMF, which has traditionally provided support to economies that find themselves in a budgetary emergency.

"A large part of the fund goes toward saving the euro and the national currencies of developed countries. Given that governance of the IMF is in the hands of western powers, there is little hope for assistance from the IMF in case of an emergency. That is why the currency reserve pool would come in very handy," says ambassador Lukov.

Who will become the Russian S&P?

The currency reserve pool will also help the BRICS countries to gradually establish cooperation without the use of the dollar, points out Natalya Samoilova. This, however, will take time. For the time being, it has been decided to replenish the authorized capital of the Development Bank and the Currency Reserve Pool with U.S. dollars.

Thus the U.S. currency system is getting an additional boost. However, it cannot be ruled out that very soon (given the threat of U.S. and EU economic sanctions against Russia) the dollar may be replaced by the ruble and other national currencies of the BRICS counties.

Source: Russia Beyond the Headlines - http://rbth.com/business/2014/04/14/brics_countries_to_set_up_their_own_imf_35891.html)
 


Comments

Sharp Talon
04/14/2014 8:40pm
This is a good sign that we are moving away from the old SWIFT system, from which the "bad guys" could steal our blessings. The BRICS nations have some surprises up their sleeves for the cabal.

The new TRN and Bond dates

[11:37:44 AM, SUNDAY 04/13/14] Capital Resources: Last Thursday the BIS (Bank of International Settlement) made the first payment of funds to Governments and organizations, on Friday USA signed the entry into effect of the new dollar TRN (backed in gold by the Basel III regulations compliance) and major transactions were effective this same Saturday. This continues today Monday and will continue this week until the new system is learned.

The funds will move down the levels, and will be available for the General Paymasters between tonight and tomorrow Tuesday. The funds will be sent by the the Paymasters on Wednesday and Thursday; and they will arrive to the platforms between Thursday and Monday depending on international transfer times. Hong Kong was ahead in this process because they do not rely on the issuance of TRN and they could cash in USD, however platforms must wait for their conversion to TRN. The banking system needs a week to fit the new system, to be efficient and meet all the Basel III agreements, in the future all transactions must be approved on the basis of Basel III with the appointment of an official that will verified it adjust to the regulation.

All packages of bonds will be processed quickly now, and both the Department of Treasury of the United States much as China will streamline the process during this phase of Pre-reset and prepare large number of purchasing/redemption of bonds. The first TTMs already have been organized with large discretion; This activity will last until mid-April where all Farmers and 10,000 liberty must be paid; and April 17 is marked as the day when it will be announced the second payment of the remainder of bonds, following the process again the process previously indicated.!.






Showdown at Bundy Ranch

Subject: Showdown at Bundy Ranch
 


Feds send a massive militarized force
to back their version of an administrative
dispute against a family ranch.

Human beings show up and force them
to stand down.

The lame stream media ignores the story.

Here's what you might have missed.

Video:

http://www.brasschecktv.com/page/26425.html

- Brasscheck

P.S. Please share Brasscheck TV e-mails and
videos with friends and colleagues.

That's how we grow. Thanks.

SCANDAL: Benghazi Reporter Quits!




As you may have heard, there have been big developments in the scandal surrounding the Benghazi terrorist attacks.

One of the few mainstream media reporters who had the courage to report on the truth surrounding the Benghazi scandal, Sharyl Attkisson of CBS News has resigned out of frustration because of the constant censoring of her reports by CBS.
With Attkisson's reports on Benghazi no longer being aired by CBS it is more important than ever for us to step up our ad campaign alerting the American people to the truth about the Benghazi scandal, including the coverup and lies by Barack Obama and Hillary Clinton.

Do not let those four Americans who lost their lives on that fateful night of September 11, 2012 be forgotten, swept under the rug by Democrat politicians who don't want the American people to know about the lies and cover ups surrounding that horrific terrorist attack in Benghazi, Libya.

Please review our TV ad below demanding that Barack Obama be held accountable for the Benghazi cover up, and if you want us to keep the pressure on the Obama administration for this scandal, make a contribution to our TV ad campaign - HERE
You can help us keep these ads running on the airwaves by making a contribution of any amount from as little as $5 up to the maximum allowed contribution of $5,000.

To make a contribution online - JUST CLICK HERE.

Ever since the Benghazi terrorist attack the Obama administration, with significant backing from the liberal media, have attempted to hide the truth about what happened.  To cover their failures in combating terrorism, they told lies saying it was not a preplanned terrorist attack, even when they knew that to be an absolute falsehood.
Barack Obama, Hillary Clinton and countless members of the Obama administration have lied, concealed and attempted to cover up not only the truth but their failures.  As has been his pattern of appeasement in the face of Islamic terrorism, Obama himself would not even call this an act of terrorism.
Obama's Secretary of State, Hillary Clinton, said it didn't matter whether Benghazi was a terrorist attack or whether she and the Obama administration had lied about it.
The Obama administration has dishonored those who lost their lives on that fateful night of September 11, 2012 and now they say it doesn't matter because it happened "a long time ago."
It's time to hold the Obama administration accountable for their misdeeds.
We know the media will try to whitewash the seriousness of this issue.  We need to get the truth out as soon as possible, so please make a contribution to our TV ad campaign that holds Barack Obama and Hillary Clinton accountable - CONTRIBUTE HERE.
Again, you can contribute any amount from as little as $5 up to the maximum allowed amount of $5,000.

You can also make a contribution online here:

Conservative Campaign Committee
ATTN:  Benghazi Ad Campaign
P.O. Box 1585
Sacramento, CA 95812

Paid for and authorized by the Conservative Campaign Committee.  Not authorized by any candidate or candidate's committee.