SpecialAgentGibbs, RobertProfessor and I4u Member Chat Late Sunday PM

SpecialAgentGibbs, RobertProfessor and I4u Member Chat Late Sunday PM

07/27/2014

[SpecialAgentGibbs] Robertprofessor Hey there stranger

[Robertprofessor] SpecialAgentGibbs Hello. Everyone doing well tonight?

[SpecialAgentGibbs] Robertprofessor this is a happy place

[Robertprofessor] SpecialAgentGibbs Curious what you think of ZAPs timeline tonight.

[SpecialAgentGibbs] Robertprofessor Hmmm, methinks the new system finally has enough foothold to show itself

[Robertprofessor] SpecialAgentGibbs I like the sound of that.

[SpecialAgentGibbs] Robertprofessor Disclosure, even in increments, is now possible
....

[spirit156] SpecialAgentGibbs: Quote from zap "this closure (no international transfers other than normal commerce and domestic banking) coincides with the arrests of the criminals that have raped and pillaged humanity for so long" Confusing. Surely not saying all banking will be closed? Related to facta?

[Robertprofessor] SpecialAgentGibbs I've always felt that Iraq is the tail and asset backed currencies reseting is the dog, but I do like how the tail is Iraq is wagging these days.

[SpecialAgentGibbs] Robertprofessor Bullseye

[SpecialAgentGibbs] spirit156 I could bring some old notes from a friend in Rio who said long ago to expect a "banking holiday"

[Robertprofessor] Iraq could not be making rapid progress as reported unless the GCR is close to finalizing.

[SpecialAgentGibbs] Robertprofessor Few stood firm on that idea

[spirit156] SpecialAgentGibbs I've heard much about a banking holiday. You think this is it, then?

[SpecialAgentGibbs] spirit156 maybe

[SpecialAgentGibbs] He always said to grab some silver to get through it

[SpecialAgentGibbs] I don't think it will go to that extreme though but, who knows for sure

spirit156] SpecialAgentGibbs Do you think this supports the Anonymous post from a couple of weeks ago?  http://www.dinarrecaps.com/our-blog/from-an-anonymous-we-are-9985-there

[SpecialAgentGibbs] spirit156 partially

[Robertprofessor] I don't think ZAP is saying all banking stops for a month. He's clear enough on that. He's saying big transfers, big expenditures will not be possible for a month as the authorities world wide will scrub the last of the grime off the old ways of doing business. Then the world  will transact in new ways of regulation.

[SpecialAgentGibbs] Robertprofessor I tend to agree however, that might well include legitimate dinarians wishing to spend big

 [SpecialAgentGibbs] But, BUT, that could work out for the best

[Robertprofessor] SpecialAgentGibbs I think we can hold our horses on new cars, etc. for a month.

 [SpecialAgentGibbs] Robertprofessor Just to let the dust settle on the USD/TRN changeover

[Robertprofessor] SpecialAgentGibbs Yes, totally agree. That's prudence.

[spirit156] SpecialAgentGibbs There's a article out that the tanker in the Gulf has been cleared to unload and the State Department will not interfere. Any thoughts?

[Robertprofessor] spirit156 I'm wondering about those "reports" too.

 [SpecialAgentGibbs] The State Dept. won't interfere??? Just who allowed it into port anyway LOL

[SpecialAgentGibbs] Now what WOULD be due diligence would be to find out just how many more of those tankers are enroute

[spirit156] HOUSTON (Reuters) - A tanker carrying crude oil from Iraqi Kurdistan was cleared by the U.S. Coast Guard to unload its cargo at sea off Texas on Sunday as a State Department official signaled Washington would not intervene to block delivery of the controversial crude.

[SpecialAgentGibbs] So, somebody blew the lid off

[Robertprofessor] SpecialAgentGibbs But couldn't the transaction on that Kurdish oil be done in petro dollars? How would unloading necessitate a revalued dinar?

[sananddan24] Crude oil rises just above $102 a barrel per associated press

 [SpecialAgentGibbs] Robertprofessor I have not made that assumption either but, it does show that "they" had to cover the story with something

[SpecialAgentGibbs] What's interesting is there being a big todo over it being there

[SpecialAgentGibbs] Robertprofessor I'm on the train of thought that this would not happen until there was a global system in effect that would allow the required prosperity to be realized

[SpecialAgentGibbs] The BRICS movements, IMHO, indicates that just such a system is now a reality

[Robertprofessor] SpecialAgentGibbs I'm fully in that camp also. It doesn't matter what else we hear or see from any quarter, the dinar will have no important rate change until the old system is replaced with the new.

[SpecialAgentGibbs] I'm thumbing my nose to all those that continue to play upon the political happenings in Iraq as trigger points

[Robertprofessor] SpecialAgentGibbs BRICS news over shadows in importance all of the very good news rg. Iraq.

 [SpecialAgentGibbs] Robertprofessor Please allow me the honor of shaking your hand sir

[SpecialAgentGibbs] REFRESHING!

[Robertprofessor] SpecialAgentGibbs Iraq can only do awkward dancing to keep things from "finalizing" there until the full GCR and associated changes are implemented.

[SpecialAgentGibbs] Robertprofessor Yes, all the way back (and more) to Shabs being charged

[SpecialAgentGibbs] Dogs form a line to the left, ponies to the right LOL

[Robertprofessor] SpecialAgentGibbs All a show, a necessary distraction, but they did have much work to do in Iraq before all could be finalized. It's just that they have never been in charge, because this is a GLOBAL change and not just one country returning to a reality rate.

 [SpecialAgentGibbs] And WE are the reason for the show.... Had dinarians never become involved, they would have never needed the show at all

[SpecialAgentGibbs] Do you really think all those IMF, BIS, UN, ETC types don't swing with each other on the golfcourse

[Robertprofessor] SpecialAgentGibbs Dinarland "news" has been the necessary smoke screen to keep us preoccupied while the real work was done behind the smoke screen. Most of us have wasted a lot of time becoming experts on things that don't matter.

[SpecialAgentGibbs] Spy vs Spy type stuff

[Robertprofessor] SpecialAgentGibbs Agree.

[Robertprofessor] SpecialAgentGibbs Timelines, open windows, back walls ... dinarland inventions. Only purpose served is to cause frustration.

[spirit156] Robertprofessor But the chasing nothing was part of the "sting" operation to keep it going. Did you read that Anonymous post a couple of weeks ago?

[spirit156] SpecialAgentGibbs If Zap is right, what was the IMF waiting for?

[SpecialAgentGibbs] spirit156 the new, non-corrupt, system

[sandytob] Robertprofessor Hi. Good to see you. So if we cannot exchange in the first week, we will NOT have to wait a month, correct?

[Robertprofessor] sandytob Good to see you. I don't think ZAP is saying that, and I have no idea if he's right, but I read it as some/many will exchange this week. Those that did not will have to wait a month before they do their exchange.

[SpecialAgentGibbs] sandytob do not toil little one, your turn will come

[sandytob] Robertprofessor Now that is distressing and I do not understand the logic behind that.

[Robertprofessor] sandytob Why do you find it distressing, assuming ZAP's timeline is correct. At most, some will wait about six weeks to exchange. That's darn good news.

[SpecialAgentGibbs] Folks, please stop trying to slap an exacting timeline to this thing

[SpecialAgentGibbs] It WILL happen, just as I have tried to allude for awhile, WHEN the time & system is right

[SpecialAgentGibbs] YOU all will be VERY glad that things have been changed

[SpecialAgentGibbs] I do not propose to have this all figured out by any means BUT, if you just look at things with a tad of logic you will soon see what is real & what is an illusion

[HIGHERGROUND] Robertprofessor HI there.... the antithesis to your sentiments is that it may have kept many in the game and attracted more to be a blessed recipient...

 [Robertprofessor] HIGHERGROUND Yes, that and the hyped up dates has been used to trick the bad guys and get them to expose themselves. Just rough on the nerves of all of us. I've let myself be the victim on that too.

[SpecialAgentGibbs] Collateral damage

 [HIGHERGROUND] Robertprofessor oh yeah ... me too... so glad we appear to be at the end of the ride...

[Robertprofessor] SpecialAgentGibbs Succint and apropos.

[lilypad] Hello everyone from the lurker's lounge. I have been following this converseration. Quite interesting. Probably what the Z has be alluding too. What is really sad is all those who have suffered and still are suffering along the way.

[sandytob] lilypad Yes, I agree. Unfortunately I am one of those.

[Robertprofessor] lilypad There's been a ton of that, and some of the suffering could not be helped ... yes, collateral damage ... but many of us have set ourselves up too. We've followed whatever pipe was piping if we liked the sound of the tune.

[lilypad] Are we saying that the general public will not be exchanging this week?

 [SpecialAgentGibbs] lilypad again, do yourself a favor, do not try to apply any timelines

[SpecialAgentGibbs] Folks please, revel in the knowledge that something VERY real is unfolding before your very eyes

[Robertprofessor] SpecialAgentGibbs Big picture and patience vs. small picture and desperation.

[SpecialAgentGibbs] Robertprofessor Again sir, bullseye

[Robertprofessor] SpecialAgentGibbs I see we think very much alike.

[SpecialAgentGibbs] Robertprofessor TRULY a pleasure!

[SpecialAgentGibbs] Bartender, a round of Becks for the house!

 [Robertprofessor] SpecialAgentGibbs cheers

[SpecialAgentGibbs] SAGOUT :)

[lilypad] So we are waiting for the stabilazation of the GOI in Iraq. This conversation has been quite revealing to say the least

[Robertprofessor] lilypad It's my opinion that all will be ready when needed in Iraq when the entire global system is ready.

Robertprofessor] lilypad Iraq has been the sideshow all along. It is normal in warfare to take down the enemies currency but to then return it a few years after the war. The fact that it has been so long this time is that THIS is not your normal RV or RI. This is a global changeover.

[lilypad] Thank you Robertprofessor. Now I understand!

[ForeverALady] Great job Gentlemen :)

http://www.dinarrecaps.com/our-blog/specialagentgibbs-robertprofessor-and-i4u-member-chat-late-sunday-pm

ALIPAC Registers Success Across Nation

- Quick Links Oath Keepers Site Join Oath Keepers Oath Keepers Store National And State Chapter Forums Donate Contact Oath Keepers Youtube Facebook Twitter he Border Patrol rightly REFUSED to deploy against the protesters!)  Sunday Reading: ALIPAC Registers Success Across Nation Note: Read this article in full at our Oath Keepers website, where readers will find all the necessary details for this announcement and are invited to leave comments: http://oathkeepers.org/oath/2014/07/27/sunday-reading-alipac-registers-success-across-nation/   h  Arizona Oath Keeper Kait Hylton has sent in updates on the protest demonstrations against illegal immigration and the government's role in promoting illegal entry into the USA. Those demonstrations were coordinated by William Gheen, founder of "Americans for Legal Immigration PAC" (ALIPAC) and James Neighbors, founder of "Overpasses For America". On short notice, and with the invitation from William Gheen of ALIPAC, Oath Keepers rallied protesters to attend the more than three hundred protest events. Kait Hylton is a veteran of more than ten years as a volunteer in the border wars, and she keeps up to date info on developments along the border from California to Texas. It was Kait who acted as liaison between ALIPAC and Oath Keepers. Kait has extensive experience in desert patrols, observation activities, and night movements to assist the Border Patrol. She has worked on the borders in both California and Arizona. She is an ardent supporter of the Oath Keepers mission, and her primary personal focus is on the border problem. She is as concerned as the rest of us that our political representatives inside government continue to totally ignore the Oath they swore to the Constitution. As she and I agree, when the government breaks its own law there is no law. And while ALIPAC and Overpasses For America are focused on giving the boot to all politicians who support amnesty and the Obama Administration's complicity in swelling the numbers of illegal aliens crossing our southern border, Oath Keepers realizes that America's troubles may now be beyond any political solution. Yet it is important that American patriots make their voices heard, if for no other reason than to help awaken our good neighbors. Therefore Oath Keepers is encouraging our membership to participate in upcoming ALIPAC and Overpasses For America protests. Wear your Oath Keepers gear proudly and with dignity. Being as Kait was holding the camera, we have no pics of her in her Oath Keepers gear at this particular protest. Kait took the picture below. -   -   Please enjoy reading about last weekend's successful wave of protests against illegal immigration. The following is from ALIPAC's website: Historic Protests Against Illegal Immigration Across America Achieve Goals Contact: Americans for Legal Immigration PAC (ALIPAC) Williamg@alipac.us | (866) 703-0864 Website: http://www.alipac.us/  For the first time in the history of America, hundreds of protests took place against illegal immigration within the last 24 hours! With a coalition of more than 50 groups and organizations of various sizes, protests against illegal immigration and the Obama inspired surge of illegals at America's borders took place in more than 300 locations. The protests were highly visible and some were small with a handful of people on overpasses with others being larger with hundreds of people. The hundreds of protests have achieved the goals of raising public awareness of the Obama created border surge of illegals. The goal of putting politicians on notice was also achieved and several protest locations had candidates running for Congress present. These historic protests generated talk radio show attention, televised reports, and hundreds of local news reports, thus breaking through the media blockade against the effort maintained by CNN, MSNBC, ABC, CBS, etc. ALIPAC would like to thank all of the Americans who came out in the last two days, all of the different groups that really came together in coalition behind this effort, and all of the new media outlets that did their job right by telling people about these events beforehand! For interviews or to learn more about these protests against illegal immigration, please visit http://www.alipac.us/. End quoted passages from ALIPAC's website. - Speaking of the rallies, Kait Kylton noted that at the rally she attended there were seven or more police officers and two plain-clothes officers. She told me that only two La Raza goons showed up to taunt the protesters, and those two quickly made fools of themselves. Kait said that the Stolen Quilt Project was on display there - focusing on Americans killed by illegal aliens. Further, Kait said, one woman was wearing a surgical mask as she carried a sign representing "Healthcare Workers Against Illegal Aliens", and a guy with the "Latinos for Legal Immigration" was very vocal against illegal immigration. She said that two local news affiliates (ABC and FOX) attended. Also, Rusty Childers of Riders USA attended. Unfortunately, Kait was the only Oath Keeper there at that protest in Oath Keepers gear. She figures it was a miscommunication, as some other Oath Keepers she knows were there but were not in Oath Keepers gear. Stewart Rhodes reminds us all that any event co-sponsored or solely sponsored by Oath Keepers is fine for wearing our Oath Keepers gear. More upcoming opportunities to wear our gear are noted below.... (Snip!) Please read entire report at our national website, gather all the info, and leave your remarks in the comments thread beneath the article.     http://oathkeepers.org/oath/2014/07/27/sunday-reading-alipac-registers-success-across-nation/    Salute! Elias Alias, editor  _________________________________ Oath Keepers is growing FAST, but like General Patton, we are outpacing our own supply lines. Your donations are "fuel" for our advance! If you would like to support the Oath Keepers vital mission to teach the current serving about their oath and about the Constitution so they will stand firm and do what is right, and our second mission to remind veterans of their oath and obligations: Please click the PayPal image below to donate.   If you would like to mail your donation: Make checks payable to: OathKeepers Mail to: Oath Keepers 5130 S. Fort Apache suite 215 Las Vegas, NV 89148  This email was sent from an unmonitored email address. If you wish to contact us, please use the contact form on the contact page of our website. http://oathkeepers.org/oath/contact/

Surprise! Ebola Outbreak Connected To Bill & Melinda Gates Foundation and George Soros

The Rumor Mill News Reading Room 

Surprise! Ebola Outbreak Connected To Bill & Melinda Gates Foundation and George Soros

Posted By: Jordon [Send E-Mail]
Date: Monday, 28-Jul-2014 03:35:49

George Soros’s foundation funds the Kenema bioweapons lab at the focus of the Ebola outbreak, and which is about to be closed, apparently amid an investigation. At the epicentre of the current Ebola epidemic is the Kenema Government Hospital in Sierra Leone, which houses a US a biosecurity level 2 bioweapons research lab with links to the Bill and Melinda Gates Foundation and Soros Foundation. Sierra Leone: the final frontier? George Soros, his Ebola bioweapons lab and the death of WHO spokesperson Links to the Bill and Melinda Gates Foundation at core of Ebola epidemic

http://youtu.be/MrkhA_kXo68

The MH17 Video Report Deleted by BBC - English Subtitles

The Rumor Mill News Reading Room 

The MH17 Video Report Deleted by BBC - English Subtitles

Posted By: NaturalWisdom
Date: Monday, 28-Jul-2014 06:16:16

The Catastrophe of #MH17: #BBC in the Search of the “BUK” – The Video Report Deleted by BBC elektropostman Published on Jul 25, 2014 Translation by: Valentina Lisitsa http://www.youtube.com/watch?v=zUvK5m2vxro

EXOGEN UPDATE: WHERE ARE WE?, 27 JULY

EXOGEN UPDATE: WHERE ARE WE?, 27 JULY

EXOGEN: WHERE ARE WE??

vinman: The Grinch that has been holding up the RV has given up and things will start moving now.  

Rudolph is waiting to bring Santa.

Looking for BRICS bank/alternative swift vehicle to go live Monday...unconfirmed.

New PM in meetings to set goals and preparing for press conferences and speech.

GT: Clues so far.......The PTB are ready to let us CELEBRATE CHRIStMAS in July!!! 

The BRICKS & the USAs Beef is DONE & are ready to live on the market!

Theirs a Meeting going on...... To approve an announcement (maybe the new PM)???

L KEMPLE: New unconfirmed report of a meeting going on to set up the feast for Christmas/RV.

The grinch couldn't stop christmas/RV no matter how hard he/they tried--Thanks to the BRICS.  We watching the reindeer getting ready to be hooked up to the sleigh.

Derivatives: Abuse, Props, Risks.

 V.K.D.  Wow!  Finally I can get some rest!  All that has to be done next is "Round these bad boyz up.. give them a fair trial and make strong enough examples as to the penalty for MURDER. SEDITION, TREASON, ECONOMIC ESPIONAGE and HUMAN RIGHTS VIOLATIONS.. SO SEVERE IT WILL TAKE THESE SAUNCHES ANOTHER 200 YEARS TO GET UP ENOUGH TO TRY THIS AGAIN AGAINST WE, THE PEOPLE OF THE GLOBAL COMMUNITY. [PER COL. RUSSELL HERMAN]

Derivatives: Abuse, Props, Risks.

Posted on July 27, 2014 by Freewill Leave a comment

No more printing no more war….
The topic of financial derivatives is a huge can of worms. The subject has arisen in the financial press much more in the last few years since the global financial crisis turned critical and became a clear case of grand struggle to prevent a veritable collapse. In a loose sense, the derivatives are the scotch tape, bailing wire, band-aids, and chewing gum holding the system together, the glue and adhesive, with rose colored glasses used with a large amount of deception. Another analogy preferred for usage by the Jackass is the floating fabricated foundation laden with vaporous illicit toxic fabric, the phony platform on which insolvent structures lie. That the big banks do not serve well as credit engines or investment crucibles is no surprise. They are insolvent, and their derivative foundation is fractured. It is very difficult to explain how the derivatives serve as foundation. Imagine a spinning wheel, spinning very fast, except that the flat disk has almost zero mass. It spins so fast that it appears to serve as a platform which can support weight. Its floor is mentioned more than seen. It is fake, an illusion.
ORIGIN OF DERIVATIVE SPECIES
The origins of derivatives really came onto the scene in the early 1990 decade following the Black Monday 1987 crash. Most people believe the nation overcame the crisis. It did not. Actually the weight shifted, so that the Asian Meltdown occurred ten years later in a grand echo. The firm Jackass belief was that after a decade of adjustment to significantly higher crude oil prices (following 1973 Arab Oil Embargo) and a massive slice of US manufacturing having been outsourced to the Pacific Rim and to Japan, the USEconomy suffered a severe air pocket of insolvency. It lost its income and endured higher costs. Economists overlook the challenges with jutted chests like peacocks. The 1987 stock slam that occurred was a wake-up call. The response was the creation of a derivative banking foundation of vaporous substance. It was a shoddy attempt to compensate for the gross insolvency of the US Banking system. It operates like a constantly moving Round Robin of self-dealing fraud designed to maintain the value of the foundation itself. The US lost industry, lost income, relied upon debt security trading, lost solid foundation, and set itself up for grotesque dependence upon asset bubbles for income and wealth generation, instead of from industry and tangible work. The US created a Ponzi Economy that is fracturing finally, here and now.
TYPES OF DERIVATIVE DEVICES
Main types of derivatives litter the contrived banking landscape, all highly risky. Credit Default Swaps are insurance contracts to protect against default of corporate bonds. The most popularly traded are the CDSwaps from bank bonds, linked to the big financial firms. They tend to be traded hundreds of times over, a true absurdity. Imagine 20 neighbors have fire insurance on your  home, and then some go out and borrow money on the fire insurance policy to manage their household. Chaos would come if and when a fire actually destroyed the house. Well, chaos did come to the House of Lehman, mentioned later. The Interest Rate Swap contracts are short-term versus long-term trades, then leveraged further within the contracts that link the bonds on inner workings. They are clever devices used to create massive artificial USTreasury Bond demand. The architects can even create a vacuum in which the big US and London banks must go out and secure more bonds, and to purchase them unwillingly. Evidence of such atrocity is the infamous Failures to Deliver of USTreasurys, the backwash which the Wall Street conmen prefer never to explain. They are evidence of too much reliance upon the IRSwap to create phony bond demand.
The 2011 USTreasury Bond rally was all artificially contrived, from a cool $8.5 trillion in Int Rate Swaps put on by Morgan Stanley over several months late in 2010. The financial news chose to ignore the phenomenon, and instead focus on a bond rally. They wish never to look at data from the Office of Comptroller to Currency. The intrepid Rob Kirby and the Jackass do. There was no rally in reality. In fact, there was no US loose wealth lying around from which to purchase bonds. At the same time as the hefty dose of IRSwaps dispensed by Morgan Stanley, the USFed made available between $5-10 trillion in Dollar Swaps to rescue an insolvent European banking. Their banks were in dire straits in 2011 in the aftermath of the PIIGS sovereign debt implosion. They should have collapsed, just like the Wall Street banks.
The US financial system desperately required the ZIRP to remain in place. Notice 0% is stuck, which enables long-term bonds to be bought with free short-term cash via the swap. The Int Rate Swap is used to push the demand into long-term bond instruments, and poof, a rally. The practice is very risky since it constitutes self-dealing fraud, much like structural Flash Algorithm Trading operating on a vast vapor platform. The risk is to blow away the vaporous platform and its illusory mass. The JPMorgan Chief Investment Office and USDept Treasury use the powerful Exchange Stabilization Fund to do much hidden dirty work. The ESFund is dangerous to discuss, since it controls almost every world market. Foreign nations do not wish to learn of the control of their markets from a Wall Street control room. Best to describe in rough cuts. The entire USTreasury Bond complex of 0% short-term and 3% long-term is carefully managed by derivatives. Despite the nearly complete absence of foreign USTBond buyers, and the huge uncontrollable USGovt debt to finance, the sovereign bond from the financially crippled United States remains in safe calm controlled secure ground. How so? By Interest Rate Swap contracts and fabricated demand.
The other leveraged asset backed securities use leverage squared. See the incredibly crazy Collateralized Debt Obligations whose wreckage still has not been entirely cleaned up. The mortgage bonds have a higher structure with another 25:1 or 30:1 leverage put on the already leveraged mortgage bonds. With just a 7% to 13% decline in the basis of the CDO bond, the entire bond goes worthless, and did go worthless. Much of QE bond monetization is done to offer effective cloud cover to redeem a massive amount of financial derivatives. The chairman talks about $40 billion per month, but never is coverage of derivatives mentioned. Thus the estimation of $100 to $150 billion in QE volume per month. The Jackass lives in the world of reality, not in the US propaganda shadow or fecal downwind draft.
The entire USEconomy remains totally dependent upon ZIRP and QE, thus better described as a Ponzi Scheme economy. Draghi at the Euro Central Bank devised phony super senior bonds as patches, declared illegal by the German high court. The Long-Term Refinance Operation (LTRO) attempted to create a super senior bond that lorded over the sovereign bond. In this way, a banking collapse would allow the elite owning the LTRO bonds to be paid first, not lose any money, and impose the losses on the unwashed masses for the standard fare sovereign bonds that attract all the attention. More derivative hanky panky mumbo jumbo, pure shenanigans.
DECEPTIVE LEGAL UNDERPINNING
The 2005 Bankruptcy Reform Law was a douzey, rarely ever explained for its details or consequences. The private citizen side is often discussed. If John Doe declared bankruptcy, he could no longer exercise a Chapter 7 BK. No more was permitted the lineup of all assets, placed against all debts, with a cleansing operation and single sweep. Ch-7 used to allow for the debtor to walk away with no more debts, the creditors dealt with fairly, using whatever assets existed. Imagine the debts being 5 times larger than the assets, which would mean the creditors would receive 20 cents per dollar in debt held. Clean, nice, done! It was eliminated, in favor of Chapter 13 BK. It instead stipulated a restructure of debts, often with reductions on amounts owed, along with a revised timetable for repayment, seemingly forever in many cases. Imagine a rework of a car loan or home mortgage, when more time is given, interest rate possibly reduced, with end result being more years to pay off but more manageable. The social impact was to eliminate fresh starts, and to make systemic the debt dependence, kind of a debt slavery with legion of debt vassals working in servitude. Also, a key element to the Reformed BK Law was that income taxes were never reduced or forgiven. In many cases, the repayment would take 20 to 30 years, a clear cut display of tax slavery.
The far more onerous and deceptive side of the Reformed BK Law is seen in provisions for the financial institutions. The failure of big banks or other large financial institutions would never again be a simple failure, with liquidation, with trustee management, with a hierarchy of losers. The entire hierarchy was quietly altered, but with almost zero publicity. It took many alert analysts a few years to discover the fine points of the revised law. The new law dictated the derivatives would be first in seniority for satisfaction during any bankruptcy proceeding. The truly sadistic element of the new law was the accounting classifications, whereby depositors are called “unsecured lenders” to the bank, while derivative owners are called “secured lenders” to the bank. Hence, the depositors like with CD or passbook savings accounts no longer own their accounts. They technically lend their deposits to the bank and are permitted to withdraw them with interest, provided the bank is sound. The depositors found themselves to be last in line during a failure, the disadvantaged class from the Reformed BK Law. Individuals stand behind the derivative owners. The US public had no idea what happened on the financial firm pecking order, and still largely does not. If a big bank fails, or a major mortgage firm fails, then the derivatives are handled first, and then depositors are given crumbs left on the floor. Most analysts believe the depositors will be wiped out, as the derivatives will find some salvage. It is accurate to say that the Bankruptcy Reform Act ushered in the Bail-in concept long before Cyprus hit the scene in 2013.
LEHMAN FAILURE KILLJOB & SHAM
Derivatives played a key role in the Lehman investment bank failure. In reality, it was more a planned financial murder event, orchestrated by JPMorgan and Goldman Sachs. Much has been written about the carefully crafted event of denying Lehman Brothers their due payouts from certain investment instruments, in order to force them into a dangerously poor liquidity position. The vultures JPM & GSax exploited the situation to the max. The true background was that Goldman Sachs was vulnerable to failure, as a result of its heavily leveraged position in mortgage bonds, even CDO bonds (leverage squared). The biggest victim to the Subprime Mortgage Crisis was Goldman Sachs, the venerable firm of superstars who only knew near perfection. Their strong performance is maintained through graft, collusion, insider trading, and government control. So the Wall Street kings killed Lehman in order to pick its bones and to feed Goldman Sax, in plain terms. It bears repeating. The most at risk firm on mortgage bonds during the Lehman collapse chapter was GSax (not Lehman) since more leveraged. In the aftermath, the USGovt chose to nationalize AIG for a few reasons. Among them were the desire to cover up how duplicate Credit Default Swap contracts were owned against the failed firms, even the preferential treatment. The financial derivative impact crater was large, to be kept quiet with AIG movement under the USGovt aegis. Recall several owners of fire insurance against your house, where payouts are complicated.
The Lehman CDSwap contracts had to be managed in payouts. GSax then received 100 cents per dollar on their Credit Default Swaps, incredibly, first in line, since they managed the desk. It can be said that AIG was nationalized, in order to control the derivative implosion, and to redeem GSax fully in secrecy, without AIG executives offering obstacles. Other payouts occurred at 30 cents or 60 cents per dollar insured. The Lehman event was a derivative implosion event very well disguised. When it was killed, it caused a derivative crisis and the immediate need to alter the rules, conjure up new rules, and to favor the JPM/GS tagteam of white collar crime. The derivative implosion forced the USFed into ZIRP Forever and QE to Infinity, in order to continually manage the wrecked derivative landscape. The USFed monetary policy of ZIRP/QE is stuck permanently, which continually has created a backdoor bailout to Wall Street bank portfolios, since they must manage the long-term USTreasury Bond breakdown. The USTreasury complex required free money from which to create steady ongoing never ending bond demand. The derivative foundation evaporated. The end result was the US financial system stuck with hyper monetary inflation to finance debt and to sustain the vaporous derivative foundation, that spinning whirling dirvish that still gives the impression of mass for a foundation.
LONDON WHALE DAMAGE & LIES
From the Lehman failure in late 2008, to the Zero Interest Rate Policy installed in 2009, to the Quantitative Easing put in place in 2011, it only took another year for the big accident to occur. The crash site was the so-called London Whale incident. It was well covered up, as per usual with Wall Street. It was another derivative disaster story. At first, JPMorgan spokesmen told a fantasy fairy tale about losses due to European sovereign bonds for the previous quarter. Divert the blame to Europe, keeping attention off the United States. Upon easy quick examination, one could see (reported in Hat Trick Letter at the time) that the PIGS sovereign bonds all improved in value during the cited quarter. The only damage done was to the USTreasury Bonds, which lost ground in a sudden bout of volatility. It is well known to experts that volatility in either direction is the bane, the key enemy, of all such derivatives like the powerful Interest Rate Swap. The JPMorgan told lie was that the London Whale, with its Chief Investment Office and London outpost, has lost $800 million. They soon changed the amount of stated loss to $1.9 billion, when in reality it is in the neighborhood of $100 billion. As of now, JPM admits its loss from the London Whale incident has amounted to $8.9 billion.
The entire story is full of lies, an absolutely fabrication of lies. In fact, Bruno Iksel has been made into something of a scapegoat. The JPM bank executives have tried consistently to put distance from themselves to Iksel himself. They gave him all the marching orders, in a closely coordinated operation, with some leeway to be sure. The Whale was managing a boatload of Interest Rate Swaps. He and JPM played serious accounting games, like not marking to market, like pushing through a late day trade to alter the final price. The truth has never come out. The full extent of losses cannot be revealed without admitting that the entire USTreasury Bond complex being from an artificially defended fortress, bound by the corrosive derivative anchors. The false story is kept alive by means of the many London banker murders, of mid-level officers who carried out the dirty details. The other JPMorgan large holes of bankruptcy are kept quiet by Swiss insurance murders.
SYSTEMIC RISK FROM CONTAGION
Apart from numerous background pressures, the system limps along deeply wounded and probably fatally so. When China wanted to exit the long-term USTreasurys, the USFed accommodated them. They launched Operation Twist without much clear explanation of its provisions. We are always led to trust the magic of their machinations. China actually transferred their long-term bond holdings to short-term holdings, in order to make possible their redemption at maturity, and soon, like before the implosion. The USFed accomplished the task by putting on an enormous swath of cleverly devised Int Rate Swaps, which in effect switched from LT bond to ST bond. There are a great many other types of derivatives, such as exotic swaps, and customized contracts.
The entire Euro Monetary Union has its foundation created upon swapped hidden debt into FOREX currencies, an illicit deed that to this day has not been resolved. The Maastricht Treaty was circumvented by means of heavy swap contracts, shifting debt onto currency obligations in the form of these derivative swaps. Many were the big investment banks eager to assist in the deception and illicit qualification process, and thus earn big fees. The nations of Italy and Spain, for instance, were able to qualify for the European Monetary Union by hiding their debt with the FOREX swaps. Prosecutions are laced all through the Deutsche Bank chambers here and now, the legal wheels of justice grinding slowly. Therefore, the Euro Currency has a phony fraudulent foundation, an illicit basis enabled by derivative abuse. The victim of the ongoing prosecution, if the USGovt chooses to impose yet more heavy fines, could be the German alliance. The Germans are ready to jump ship, away from the sinking USS Dollar.
Perhaps the ugliest derivative story is the IRS Tax secure stream contract very likely used by China as collateral, which is suspected by the Jackass to be the backend deal to secure a Gold Lease from China. It is related to the 1999 Most Favored Nation granted by US to China. The Chinese would receive gigantic direct foreign investment, and thus build an industrial base. The Wall Street criminal bankers would receive a vast hoard of gold bullion, leased from the Chinese Mao Era gold reserves. The Chinese distrusted the US bankers, after many past experiences, which might include several rafts of fake gold bars sent to Hong Kong banks by the Clinton-Rubin Admin. In the outcome, the Wall Street masters reneged on the gold lease, while the USEconomy entered a downward spiral of recession which accelerates downward. The Jackass suspects that the powerful recession made impossible the honoring of the IRS secure stream derivative contract held as collateral, forcing a national default. In the last few months, we see China busy securing US commercial property. The Chinese have taken control of the JPMorgan Chase headquarters in South Manhattan, the famed One Chase Plaza. In it is contained the largest private gold vault facility in the world. It has underground tunnels connected to the US Federal Reserve. Many are the rumors and suspicions that with the end of the Federal Reserve Act operational contract, following 100 years of hidden financial tyranny, that the Chinese might have taken over a strong interest in the Fed, maybe a controlling interest.
GOLD ON WHITE HORSE
The Western financial system is operating on fragile tenterhooks, on shaky pylons, on that same vaporous floating spinning illusory foundation. A few big banks have entered failure, like Banco Espirito Santo in Portugal. When big banks begin to fail, the belief has been, the risk of contagion will be the main focus. Since Lehman, the major Western banks have lashed themselves together for safety and security. They have done so with financial derivatives, the rope to connect them together. Thus no repeat of Lehman failure, a big financial firm failure to put the entire system at risk of breakdown. So the next failures will put the entire system at risk of collapse. This is the oft-described nuclear outcome, which has been brought upon by the overusage of derivatives. Their total in usage is somewhere between $700 trillion and $1.4 quadrillion, depending on the definition and the team doing the calculation. Claims of big reductions in derivative overall usage are a lie, since new derivatives are put on quickly. They offer short-term security but long-term systemic risk. The world faces a guaranteed systemic implosion caused by derivatives. Bank failures and contagion will lead to the widespread connected failures, and lost control by both governments and central banks to manage them. Gold will be the secure port during the stormy outcomes.
The derivative cost will be revealed as obscene, in high multiple $trillion suddenly. The public will ask questions like how we could have permitted the situation to go out of control. To be sure, derivatives assure the equivalent of a financial nuclear explosion. The answer to the question posed is that the Rubin Doctrine has been used after the Rubin thefts of the USGovt gold reserves at Fort Knox. The doctrine dictates the sacrifice of tomorrow for a few more todays. Well, tomorrow has arrived. The return to the Gold Standard is the answer, but the clean-up crews will be busy for a long time. The Gold Price will reach incredibly high levels when the derivative implosion occurs, which should occur when the East introduces a legitimate gold-backed new BRICS currency for trade settlement. The fallout will be tremendous, as the USDollar is rejected on the global stage.
A solution must also come for the ancillary devious devices like secret weapons on weather, virus, espionage, and more. Gold will continue to draw capital away from the dying corrupted sinking system. Then finally the Gold Standard will be installed, but by the Eastern nations. It will be led by Russia, China, and Germany. The United States will be indescribably isolated. The US Fascist leaders have attempted to isolate Iran, but Tehran will be integrated into the Eurasian Trade Zone. The US Fascist leaders have attempted to isolate Russia, but Moscow will be integrated into the Eurasian Trade Zone. The US Fascist leaders have attempted to coerce Europe to join a deadend insane war with an absurd basis, but the core powers of the NATO will move away and be integrated into the Eurasian Trade Zone. The United States is a hair away from losing both Germany and France to the Eastern Alliance. They will embrace gold, and walk away from the USDollar, with a certain absorbed cost. Great changes are coming like a fierce new storm.
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Message from Montague Keen - July 27, 2014

Rumor Mill News Agents Forum

Message from Montague Keen - July 27, 2014

Posted By: Mr.Ed [Send E-Mail]
Date: Sunday, 27-Jul-2014 22:16:17

Message from Montague Keen - July 27, 2014 My friends, every day you become more awake and aware of your own power. You are now seeing for yourselves how things changed when you began the work on the ley lines. I cannot stipulate enough the importance of releasing this ENERGY. Please continue and intensify this work as it is your SALVATION. The evidence of this is everywhere. Know that the Cabal's inability to start WW3 is due to your work on the ley lines, obelisks, and all such structures of control. You are becoming powerful beings of light once more. The Dark extinguished your light, but through your energy work, you are removing the dark controls that bound you to them. Now, every day, you cut more chains and remove more blocks. Through this work, you will reinstate a world of love and peace for all. Every country will be part of this great awakening and the coming together of humanity. 1 August is LUGHNASAD. I ask that you put special effort into your ley line work on that day. YOU ARE WINNING THE WAR OF LIGHT OVER DARK. Keep up the momentum and all wars will cease and justice will be restored. There are those among you who are so locked into the 3D mentality that FEAR keeps them imprisoned in it. They lash out at all who advocate light and love. They try to gather other 3D people around them. They attack those who wish to progress into the light. They take a grain of truth, embellish it with all the darkness within them, and use it in an effort to destroy the inevitable. They should know that the light will not, and cannot, be extinguished. The great change will happen in spite of these lost souls. Everything, and I mean everything, will change. Nothing in your lives will be the same after the Transition. For this, you need to prepare, and equip yourselves with as much information as possible, so that you will not be floundering in darkness when the dark falls. Greater minds than Veronica decided that Centers are needed, in order to provide help and guidance to humanity. I, myself, and some of the greatest minds who have walked the Earth, have come together to work with her in order to assist humanity. Veronica knows our plans. She agreed to work with us before returning to Earth. The Dark Cabal is using everything in its power to prevent this happening. They can no longer hide what they are doing. Think for a moment what she is up against. She was attacked again, last week. We have to constantly increase her protection. She made a commitment to help rescue humanity and that is what she intends to do. She is not alone. There are many throughout your world, though you may not be aware of them yet. Each is working towards the same end. So instead of criticizing, you should look into your own hearts and ask how you can help to rescue humanity and this beautiful planet. Every day, you witness the massacre of the innocent, but you do nothing to stop it. Do you not think that, one day, they will come to your door? Who will speak up for you? Every one of you is a PALESTINIAN. That is just a label. It is humanity that is being killed off. Yet you are standing by, closing your eyes to it. If you want platitudes from heaven, then you have come to the wrong site. Our purpose is to create a better world for all. Through our Centers we can do just that. To those who have donated, we extend our grateful thanks. You are the ones who want a better world and are prepared to take the steps to make it happen. It is necessary to come together as one and become the power. You are the 99%. You decide what you want and together you can create it. When thought and emotion come together, you can make it happen. Believe in yourselves, not the puppets who pretend to be "in power". They all answer to the ONE CONTROLLING POWER. IT IS TIME FOR ALL THOSE GAMES TO STOP. Truth must be revealed. Then, mankind can come together in the light. Once you overcome FEAR, you can step into your own innate power where nothing can stop you. So be brave. Forget all that has divided you which has been man-made to reduce your power. The Dark's greatest FEAR is humanity coming together and realizing who they are: a real power to be reckoned with. The Dark will disappear in a flash when this happens, for they fear you. Together, you have nothing to fear from them, as without your support they are helpless. Have the courage of your convictions and stand together. Life is very tough for Veronica. Please send love and light. We ask a lot of her and she gives without question. Those on Earth right now, with missions to fulfill, are all going through difficult times. There is a massive power struggle happening: the Light versus the Dark. The Dark will fight to the bitter end for its survival. They do not care who or what they destroy in the process. THIS IS THE END GAME. My dear, they are trying to cause confusion around you. Do not buy into it. What is meant to happen will happen, and in your soul, you know that. Always at your side, your adoring, Monty. Source: Website: The Montague Keen Foundation http://www.montaguekeen.com/page1470.html