Friday, August 1, 2014

Dacid Wilcock Update 7-31-14… “FULL EPISODE of David on Coast: The Global Initiation”

Dacid Wilcock Update 7-31-14… “FULL EPISODE of David on Coast: The Global Initiation”

Posted on by kauilapele
[Kp update: I just noticed that there WAS a C2C radio show with David on 7-31-14.]
Thanks to RMN, I found this just now, so I’d better post!! This is not only the radio show (from 6-20-14), but a rather extensive article as well.
I’m only posting the text here, so to view the entire article with images and links, please go to the article. The show audio is at the bottom, but I’ll post the link here, and an audio player. David comes in at about 5:30. This show was recorded on 6-20-14.
http://divinecosmos.com/media/files/Wilcock_06-20-14_WITW.mp3
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FULL EPISODE of David on Coast: The Global Initiation
Enjoy David’s long-awaited comeback to Coast to Coast AM as a full-length guest, discussing the global initiation we are all moving through, how it is being generated by mysterious cosmic forces, and what we need to learn from it today!
THE GLOBAL INITIATION
There is no question that we are experiencing a worldwide economic crisis. We can now correctly call it Great Depression II, or GDII.
In hindsight, this appears to have started with the dot-com collapse of 2000. It has dramatically accelerated since the subsequent, larger collapse of 2008.
It was announced this week that 35 percent of all Americans — one out of three adults — are being called and harassed by bill collectors for debts.
This is concentrated most strongly in the Southern and Western states, with nearly 45 percent of people in the largest Texas cities being pursued.
Additionally, 15,000 people in Detroit have now had their water turned off this week, with tens of thousands more threatened — but large corporations are being protected:
Detroit Shuts Off Water to Residents, But Not Businesses Who Owe Millions
http://www.thedailybeast.com/articles/2014/07/26/detroit-shuts-off-water-to-residents-but-not-to-businesses-who-owe-millions.html
Some 15,000 residential customers have lost water service, and tens of thousands more are in danger of losing it, thanks to past due bills.
But businesses owing hundreds of thousands of dollars have not been disconnected, Detroit Water and Sewerage Department records show.
According to a department list, the top 40 commercial and industrial accounts have past-due accounts totaling $9.5 million.
That list includes apartment complexes, the Chrysler Group, real estate agencies, a laundromat and even a cemetery.
LET’S STOP CALLING IT A ‘RECOVERY’
The controlled corporate media has been using the Orwellian term ‘recovery’ to describe this accelerating crisis ever since the real economy started plunging in 2000.
The endless repetition of the term “recovery” for the last 14 years, as if to say “Oh, we just need to get through this next bit,” is truly a sign of the criminal mentality that is occurring.
There can be no recovery until the existing perpetrators are brought to justice, and their crimes are finally halted.
The LIBOR scandal showed us that the top banks have formed a cartel, and are colluding with each other to manipulate their own interest rates.
This allows them to appear far more financially solvent than they really are.
It is openly and grossly embarrassing to see “business as usual” go on in the controlled corporate media in the aftermath of LIBOR — and then it got even worse.
GOLD, SILVER AND CURRENCY RIGGING
As of December 2013, we found absolute proof that the same criminal manipulation is occurring in the gold, silver and currency markets — if not worse.
Germany officially came after the banking cartel in January 2014 about this collusion:
1/16: Top German Financial Regulator Says Metals and Currency Rigging Worse Than LIBOR
http://www.bloomberg.com/news/2014-01-16/metals-currency-rigging-worse-than-libor-bafin-s-koenig-says.html
Germany’s top financial regulator said possible manipulation of currency rates and prices for precious metals is worse than the Libor-rigging scandal, which has already led to fines of about $6 billion.
The allegations about the currency and precious metals markets are “particularly serious because such reference values are based — unlike Libor and Euribor — typically on transactions in liquid markets and not on estimates of the banks,” Elke Koenig, the president of Bonn-based Bafin, said in a speech in Frankfurt yesterday….
Bafin said this week it is investigating currency trading, joining regulators in the U.K., U.S. and Switzerland, who are examining whether traders at the world’s largest banks colluded to manipulate the WM/Reuters rates, used by money managers to determine the value of holdings in different currencies.
At least a dozen firms have been contacted by authorities and more than 13 traders suspended, fired or put on leave in the currency case….
“The financial sector is dependent on the common trust that it is efficient and at the same time, honest. The central benchmark rates seemed to be beyond any doubt, and now there is the allegation they may have been manipulated.”
THE “BANKER SUICIDE” EPIDEMIC BEGAN OCCURRING JUST TEN DAYS LATER
British, German, American and Swiss regulators are now openly cracking down on the banking cartel. This is only one part of a massive effort to defeat the Cabal that we have been steadily documenting on this site.
Based on what we have shared in many articles here in the David’s Blog section of divinecosmos.com, as well as in our epic e-book Financial Tyranny with over 1.6 million views, there is undoubtedly much more yet to come.
The NSA revelations appear to be part of this greater plan as well, for reasons we have not yet entirely disclosed.
Not surprisingly, right after these probes expanded into gold, silver, other metals and currency — essentially everything left after LIBOR — we had a rash of “banker suicides.”
This began only ten days after Germany made the official announcement.
THIS MANY JUMPING DEATHS IN A ROW IS VERY SUSPICIOUS
The chief medical officer of the American Foundation for Suicide Prevention revealed it is very unlikely to see so many jumping suicides in such a short time.
3/18: Rash of Suicides Among Financial Professionals Baffles Experts
http://nypost.com/2014/03/18/string-of-suicides-rocking-financial-world-baffles-experts/
The financial world has been rattled by a rash of apparent suicides, with some of the best and brightest among the finance workers who have taken their lives since the start of the year.
A majority of the eight suicides of 2014 have been very public demonstrations, which has suicide-prevention experts puzzled.
“Jumping is much less common as a method for suicide in general, so I am struck by the number that have occurred in recent months in this industry,” said Dr. Christine Moutier, chief medical officer of the American Foundation for Suicide Prevention….
MARCH 12: Kenneth Bellando, 28, an investment banker at Levy Capital, was found dead on the sidewalk outside his building on Manhattan’s East Side, after allegedly jumping from the sixth-story roof, sources said.
MARCH 11: Edmund (Eddie) Reilly, 47, a trader at Midtown’s Vertical Group, jumped in front of an LIRR train near the Syosset, NY, train station.
FEB. 28: Autumn Radtke, CEO of First Meta, a cyber-currency exchange firm, was found dead outside her Singapore apartment. The 28-year-old American jumped from a 25-story building, authorities said.
FEB. 18: Li Junjie, a 33-year-old JPMorgan finance pro, leaped to his death from the roof of the company’s 30-story Hong Kong office tower, authorities said.
FEB. 3: Ryan Henry Crane, 37, a JPMorgan executive director who worked in New York, was found dead inside his Stamford, Conn., home. A cause of death in Crane’s case has yet to be determined as authorities await a toxicology report, a spokesperson for the Stamford Police Department said.
JAN. 31: Mike Dueker, 50, chief economist at Russell Investments and a former Federal Reserve bank economist, was found dead at the side of a road that leads to the Tacoma Narrows Bridge in Washington state after jumping a fence and falling down an embankment, according to the Pierce County Sheriff’s Department.
JAN. 28: Gabriel Magee, 39, a vice president with JPMorgan’s corporate and investment bank technology arm in the UK, jumped to his death from the roof of the bank’s 33-story Canary Wharf tower in London.
JAN. 26: William Broeksmit, 58, a former senior risk manager at Deutsche Bank, was found hanged in a house in South Kensington, according to London police.
WHAT IS GOING ON HERE?
This is all just one aspect of what we’re now calling a Global Initiation. That will be the subject of tonight’s program on Coast.
The Russian television special we are launching this weekend, with an estimated 21 million viewers, has fascinating new insights into these suicides as well.
Everything we are now seeing was predicted, well in advance, in The Synchronicity Key, which debuted at #8 on the New York Times best-seller list last August, thanks to your generous support.
The surprising reality is that this is part of a global awakening, triggered by cosmic forces that directly influence our lives in profound and specific ways.
On tonight’s show, I will be laying out the case of how this works, why it works, and what it means for us today.
We will be on from 10-12 PM PST on Coast to Coast AM with George Noory tonight. The website is coasttocoastam.com.
This show coincides with the release of The Synchronicity Key in paperback, making it even more affordable to enjoy this increasingly-relevant expose’.
OTHER RADIO SHOWS FOR YOU TO ENJOY AS WELL
In the meantime, if you want to hear more about the “big picture” I am describing here, I appeared on Coast for the first hour of June 4, 2014, during George’s birthday bash:
http://www.coasttocoastam.com/show/2014/06/04
Although I was scheduled to talk about synchronicity, I ended up really going after the Cabal and the subject of the Alliance that is defeating them.
I also continued and extended this theme on “What in the World” with Richard Garner on Sirius XM Radio, as of June 20th, 2014. Do a right click and “Save As” to download the file.
[Note from webmaster dated July 31, 2014 at 7:00PM PDT: Link has now been fixed. Please right click and choose "Save As"]
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This show not only goes into the financial issues we are discussing here, and the international alliance that is working to solve them — it also discusses the fascinating subject of the breakaway civilization.
In the next day or two we will publish a separate article debuting a full-length Russian TV documentary, featuring Wilcock and Fulford, that discusses these banker suicides — and much more.
This will be in full, accurate English subtitles — and we will also upgrade the subtitles on our previous Russian appearances as well.
ANCIENT ALIENS
Right now I have to dash to prepare for the next Ancient Aliens taping. In case you haven’t been watching, you can see me in almost every new episode since October 2013.
This is one of several key, intersecting factors that have made my schedule far more crowded since the beginning of the year.
It seems like every time I get a break, we have another taping — since those are the only times I have available.
Thus, even though this site has been updated very infrequently — and for that I apologize — I have been working non-stop.
WHISTLEBLOWER
I am also proud to announce that we are soon going to debut a new, second TV show that I will be hosting on Gaiam TV.
This show is called Whistleblower, where I interview key insiders and truth pioneers — rather than the documentary style I use in Wisdom Teachings.
We have built an enormous, gorgeous cinematic set for this new show, which has significantly increased our production value.
I just wrapped the 81st episode of Wisdom Teachings in Boulder this past week — and over 70 of them are already available on Gaiam TV.
Much of the best material from my books and conferences is now being released, a half hour a week, and it’s all available for 9.99 a month.
The basic monthly fee lets you see my existing show as well as Whistleblower, once it launches.
It also includes other great original programs — including George Noory’s show, many wonderful interviews by Regina Meredith, a wealth of spiritual films and the full collection of Gaiam exercise videos — for yoga, tai chi, fitness and more.
I feel that a hundred-dollar Roku box is an essential element to a Gaiam subscription, as you can pop through everything as easily and effortlessly as Netflix, and watch it on your big screen.
Now that I’ve got a Roku box, I just sit down, fire it up and it works — just like watching a movie.
You can sign up for a free 10-day trial, with full access to all 70-plus episodes now out there, at wisdomteachings.com.
UPCOMING CONFERENCES
I have been so busy with juggling three full-time TV shows — Ancient Aliens, Wisdom Teachings and Whistleblower — that I have seriously dropped the ball here, and I do apologize.
We have also done a great deal of work in getting the Convergence film script, with the CONTACT screenwriter Jim Hart, to its final draft.
Things have finally cleared up enough, as these new initiatives move forward, that I can settle into a groove — and I intend to post a lot more often!
In the meantime, I have two great conferences coming up: Contact in the Desert and a special edition of the Conscious Life Expo.
Contact in the Desert is arguably now the biggest, best event of its kind, out in Joshua Tree next weekend. I have multiple events there. Check it out!
Also, on August 23rd, I will be doing a full-day event at the LAX Hilton Hotel with the producers of Conscious Life Expo.
Both of these appearances will focus on the subject of Ascension — the Tibetan Rainbow Body — and how this knowledge applies to us today.
Additionally, the most recent half-hour episodes of Wisdom Teachings all cover the Tibetan Rainbow Body as well, in a fascinating eight-part miniseries.
That’s it for now… I have two hours to finish cramming for the next taping!
We will be launching the new Russian video and the subtitles-upgraded earlier versions very soon. Thanks again for all your support!

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A CONUNDRUM - DEFINITION OF AMERICA IN 2014! FORWARDED IN 2014 BY ERASMUS OF AMERICA

A CONUNDRUM - DEFINITION OF AMERICA IN 2014! FORWARDED IN 2014 BY ERASMUS OF AMERICA
Sent: Friday, August 01, 2014 10:15 AM
Subject: Fw: A Conundrum

The definition of the word conundrum is: something that is puzzling or confusing.

Here are six Conundrums of socialism in the United States of America:
1. America is capitalist and greedy - yet half of the population is subsidized.
2. Half of the population is subsidized - yet they think they are victims.
3. They think they are victims - yet their representatives run the government.
4. Their representatives run the government - yet the poor keep getting poorer.
5. The poor keep getting poorer - yet they have things that people in other countries only dream about.
6. They have things that people in other countries only dream about - yet they want America to be more like those other countries.
Think about it!

And that, my friends, pretty much sums up the USA in the 21st Century. Makes you wonder who is doing the
math. These three, short sentences tell you a lot about the direction of our current government and cultural environment:

1. We are advised to NOT judge ALL Muslims by the actions of a few lunatics, but we are encouraged to judge ALL gun owners by the actions of a few lunatics. Funny how that works.

And here's another one worth considering...
2. Seems we constantly hear about how Social Security is going to run out of money. How come we never hear about welfare or food stamps running out of money? What's interesting is the first group "worked for" their money, but the second didn't. Think about it.....

and last, but not least,
3. Why are we cutting benefits for our veterans, no pay raises for our military and cutting our army to a level lower than before WWII, but we are not stopping the payments or benefits to illegal aliens?

Am I the only one missing something? 

FORWARDED BY ERASMUS OF AMERICA - AUGUST 1, 2014

To show how easy it is to fool people by pseudo-logic which looks like logic if that is your intent as so many politicians play con games on the public in what they say, if the average person was asked how much money would 1 penny be if doubled each day for 30 days, most people would guess probably a few dollars total by the end of 30 days. Taking my scientific hand calculator and doubling one penny each day for 30 days ends up as $10,737,418.24 . As Albert Einstein once said when alive and I assume as good humor, "The greatest discovery in science was compound interest." The one penny doubled each day for 30 days is an example of compound interest going astronomical in amount when the base interest is not paid off but allowed to continually compound. Want to know where your "official" 17 trillion dollar national debt came from? The principal never paid off on any part of national debt and interest allowed to compound every year. Finally you owe $17 trillion as an "official" national debt and the owners of your national debt got their principal back even as far as around 100 years ago and you have been paying on interest on top of interest on time of interest ever since then.

       Actually counting enough liabilities of the federal government owed as entitlements, etc., it has been estimated that Wash., D.C. may in hidden ways owe up to several hundred trillion dollars in total real debt and not just the "official" national debt figure given. Does that make any difference to you Mr. or Mrs. Joe American Average Citizen? All this compound interest is where nearly all your federal income tax comes from you pay each year. And likely pretty much the same situation for state income taxes as well.

     You never saw the economic studies I did how much a tax made on each item used with the eventual making of a loaf of bread adds to the eventual final price for a loaf of bread that you pay for at the grocery store, bakery, etc. Every person in the chain of supplying what ends up as the finished loaf of bread adds to their basic price over their cost the cost of any taxes they have to pay to sell you their product. You pay every tax on the final product of a loaf of bread, a house you buy, a car you buy, etc. One study of years ago concluded that the taxes added to all the sources contributing to the eventual production of a loaf of bread sold to you increased your price for a loaf of bread by around 70% if I recall the figure given in this old economic report. Get those needless taxes removed which are added to producing the products you buy in America and your money might buy close to twice as much in America as what you can buy now from any job, etc.

     Did you ever wonder how back in I think the 'fifties 3 lbs. of ground beef could be sold for $1.00 or a first class stamp could be sold for 4 cents then or a coke for 10 cents back then and gasoline could be sold for as cheap as 21 cents per gallon around 1971 in a price war in Oklahoma then, taxes put the pressure on to keep raising prices in America that you have to pay. And in case you never heard of the economic saying that "inflation is hidden taxation," a government issues more money without officially increasing the tax rate on you when inflated prices makes money worth less in purchasing power. The government or major central banks rush in and issue more money to fill the vacuum of purchasing power decreasing on every dollar issued by them. They get the new issued purchasing power, not you. You make them richer instead of them making you richer. I studied with six of the most brilliant economists of America and Europe including one endorsed by Albert Einstein as teaching the only true economic science in the 20th century. I know how the money rackets are pulled on the American people and businesses of America. The politicians are paid bribes various clever ways that normally do not get them into legal trouble and you will notice that having so much of the purchasing power of the American people taken away by methods that Washington politicians approve of means that they are on the side of the evil cabal doing this and not on the side of you the American people or you the main businesses of America.

    I do not have my notes with me where I am preparing this report, but not showing the levels money is multiplied for the evil cabal and not you, for example during the War in Vietnam, for every $50,000 loaned to the federal government to fight the War in Vietnam, the evil cabal used this starting $50,000 loan of the government's own money back to it to multiple their money to where they drew interest on I think of around or over $2.7 million in money created out of thin air by banking magician tricks the public does not understand. All this money in purchasing power form was pickpocketed out of the pockets of all American citizens and mainline businesses of America and given to this evil cabal because they controlled the creation of money in violation of the U.S. Constitution and not controlled by you the American people.

     As Thomas Edison once commented at an electrical plant dedication, the federal reserve system of money was the greatest racket invented in human history. And he commented how this greatly increased the cost of all things in the nation and the taken away money (in purchasing power money) went to those who did not work instead of those who did work in society. 

      Let me teach you one key economic concept not taught in the usual school system. Purchasing power is money. What it can buy in the marketplace is the amount of purchasing power any units of money are worth in that nation. Real money in the form of purchasing power is transferred to the evil cabal running the central banking system instead of to the American people and ordinary businesses of America. They are sophisticated and you are conned by tactics above your level of understanding economic science. I know their tricks and why they do what they do. I am a deadly trick to them and you are no threat until you pass my proposed Omni Law on our website which is  temporarily interfered with until everything straightened out. Likely another of these "dirty trick" operations by our "friends" from Wash., D.C. that wish at all costs that they could effectively silence us somehow. We have had too many hacker attacks on our website not to know that they are told and given free license to try and stop our national movement if they could. They will not win, but will trigger countless legal investigations into them later on and we will get the names behind these criminal tactics and see that they are totally prosecuted once we have the collected evidence on them. 

      Our regular website will be operational again we assume before long now, but tactics like this if federally done smell of a Soviet America or else a Nazi America in operation from Wash., D.C. and Mr. O in the house of mass corruption. Our website is www.fastboomamericaneconomy.com Our email is fastboomamericaneconomy.com@gmail.com Our mailing address for orders and payments sent in by mail instead of through the website is NIFI, P.O. Box 1465, Seneca, SC 29679 . Make checks, etc. out to NIFI and tell us what the payment is for whether our products offered on our website or else our loan program to help finance the Omni Law Drive which is the Omni Law Loan Program on our website. We expect to win with our Omni Law (full name Omnibus Civil Rights Act For America), but we are hiding some aces we have to win with as the other side is trying to figure out if there is some way to stop us from soon winning in America. Intelligence games are games of wits and I am a pro at this with a lot of practice behind me! 

     Pass this report around as the other side would not try to stop us by various criminal tactics if they were not scared to death that we will awaken the people to where they mass support the Omni Law before the November election. People from other nations are also watching us and plan to copy us in winning their nations to what we stand for such as the Omni Law is to give the American people the final power of referendum over the national government . This would be set up in order to stop major corruption and high treason going on at this time in too many circles in Wash., D.C. such as in some federal agencies and in at least some of the membership in the U.S. Congress.
      Yours For God And Country, Erasmus Of America (pen name for that American military intelligence operative who several times was credited with keeping America out of a pending  nuclear World War III. Back in 1990 the F.B.I. came to me and asked my help in keeping America out of a pending World War III with the Soviet Union then. I had the answers needed and America was not nuclear bombed by the Soviet Union because of me. Another time before the head of the Soviet spy ring in America told an F.B.I. undercover operative that he thought was a fellow Communist spy that I had outwitted the Soviet Union when they had cracked White House security and knew how to defeat America then to either defeat America by nuclear war or else surprise military occupation of America. By the time Soviet intelligence knew how I had tricked them out of victory over America then when the factors were right for the defeat of America then. I have been the secret guardian angel of America at several times like this and many in American intelligence secretly think very highly of me! As the Joint Chiefs Of Staff  of the Pentagon once congratulated me for saving America from a pending nuclear World War III, they called me the "Michaelangelo of American military intelligence." "Brilliant" in creating masterpieces in military intelligence, but too gifted a genius to be told by others how to set up these masterpieces in military intelligence for the national defense of America.They just gave me a charter to do what was right for the national defense of America and left it at that!)
           





A Challenge From The Brics Part 1 of 3

A Challenge From The Brics Part 1 of 3

08/01/2014
 Challenge From the BRICS

New York Times, By THE EDITORIAL BOARD JULY 23, 2014

 On July 15, the leaders of Brazil, Russia, India, China and South Africa — the BRICS group of nations — announced the creation of the New Development Bank aimed at challenging the American-led global economic order.

The United States and Europe should take note that these nations are determined not to be constrained by Western institutions that fail to accommodate their ambitions.

The frustrations of this five-nation bloc are understandable, if somewhat divergent. Brazil and India blame the West’s 2008 financial crisis for sapping economic growth.
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  South Africa and India need capital for infrastructure development, preferably without conditions imposed by the International Monetary Fund or World Bank. China, whose economy is expected to surpass that of the United States as the world’s biggest sometime soon, doesn’t see why its currency shouldn’t replace the American dollar in a good portion of global transactions.

Russia, ousted from the Group of 8 and facing Western economic sanctions following its annexation of Crimea and support for rebels in Ukraine, is working to build closer relationships with China and the rest of its fellow BRICS.

The BRICS contain 40 percent of the world’s population and account for 20 percent of global economic output, yet only Europeans and Americans have led the I.M.F. or the World Bank.

The United States Congress has contributed to frustration by refusing to pass legislation to shift voting power more fairly among I.M.F. member states — even though this would cost the United States nothing.

China represents 70 percent of the collective gross national product of the BRICS. A China Development Bank already exists, and China is creating its own Asian Development Bank.

The New Development Bank will be based in Shanghai. India will assume the presidency of the bank for the first six years, followed by rotating terms for Brazil and Russia, but how this will counterbalance China’s economic clout is far from clear.

The bank will begin with an initial capital of $50 billion, rising to $100 billion, with a separate $100 billion Contingent Reserve Arrangement. The BRICS plan to bring in other developing countries in Africa and Asia, and they are talking about creating a regional-security alternative to NATO.

The BRICS nations have quite different political systems. Russia and China, for instance, are authoritarian regimes; India and Brazil are democracies.

Some of them may be more willing than others to observe international norms on, say, human rights, and some may be more inclined to condition investments on environmental protection.

It will be interesting to see how these differences play out in the bank’s governance and operations.

 
http://www.nytimes.com/2014/07/24/opinion/a-challenge-from-the-brics.html?_r=1
Post By BigDog-OH Brought From Intel4u   Part 2 of 3

For The BRICS Bank, A Tough Road Ahead   By RUSSELL GREEN

The announcement of a new BRICS Bank displays the desire of emerging economies to move away from Washington D.C.-style lending institutions.

But between India’s bureaucratic efficiency and China’s indifference to humanitarian, environmental and regional concerns, they resemble John F. Kennedy’s tart characterisation of the very place they hope to leave behind.

Much work lies ahead for the creators of these new multilateral financial institutions before the first loan can be made.
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  How were they able to agree?

Simply reaching sufficient agreement to announce the new BRICS Bank represents a significant achievement for the six-year-old BRICS group. While it may seem silly to organise a serious international grouping based on a clever acronym, the BRIC countries are the four largest economies in the developing world. They have economic heft, but do they have much in common?

Unlike, say, OPEC, their economic fundamentals differ dramatically. Russia, Brazil and South Africa export different commodities, while China exports manufactured goods and India exports services. Two are current account surplus and three are deficit countries.

There may be value in giving each member equal voting rights in the institution to avoid concerns about Chinese domination, but it may not be practical

What they most need to succeed is trust. Russia and India have long histories of conflict with China. Brazil and Russia are not famous for being creditworthy. South Africa is a solid neutral party, but also, frankly, a lot less significant than the other members. So apparently their joint desire to plant a flag on the global economy sufficiently overcame mutual differences.

Escaping Western hegemony

What does it mean to be freed of the dominance of developed economies for a development bank? Where have these countries disagreed with developed countries on World Bank policy, for instance?

The preponderance of the friction on lending policy at the International Financial Institutions (IFIs) reflects typical lender-borrower conflict. Developed countries, most often net lenders, want high standards to make sure money is used responsibly and repaid. The developing countries, most often net borrowers, resent outsiders imposing conditions on the use of money inside their own country.

Any lender must pay attention to prudential concerns to survive. But given business practices in the BRICS — especially where government is involved — this cannot be taken for granted. The BRICS governments have not always been enthusiastic about World Bank scrutiny and transparency in the past. They must be vigilant to ensure that BRICS Bank money is used wisely and gets repaid.

Developed countries have also imposed high-minded lending values, the benefit of which can be more reasonably debated. High environmental standards, for instance, may feel like a luxury that poor borrowing countries cannot afford. Some Western-imposed mandates feel more like development fads. Most are legitimate values that the BRICS should aspire to follow.

If the BRICS are comfortable with lowering their lending standards I do not doubt they will find plenty of projects to fund. But if they are, it is best that the existing IFIs are not affiliated with it.

If they do maintain high standards, then it is not clear where their comparative advantage lies. As Robert Kahn at Council of Foreign Relations (CFR) rightly identified, the World Bank and regional development banks largely fill current demand.

From what has been announced, the BRICS Bank will take a very democratic approach to governance by giving each member equal voting rights. Undoubtedly there is value in such an equal arrangement for symbolic solidarity, as well as to avoid concerns about Chinese domination.

But is it practical? The allocation of vetoes matters. If equal vote means equal veto power, like in the UN Security Council, the institution may be doomed.

Despite its shortcomings, this arrangement may be the only way to overcome their mutual trust deficit. Mihir Sharma has already pinned the BRICS Bank as a vehicle for the Chinese to commandeer the friendlier public image of the three southern BRICS as a front for China’s foreign economic policy.

On the other hand, can an institution survive being funded primarily by China and Russia, the only two BRICS with excess reserves, when their influence is no greater than any other member? If adequate checks are put in place to prevent Chinese dominance, will China remain interested in this project?

This works as long as they see long-term value in the institution. U.S. taxpayers would not accept such a bargain, but China and Russia have less need to answer to their own taxpayers.

Unanswered questions

The BRICS clearly want something tangible to demonstrate their global prominence and the power of non-Western values. Yet the new BRICS Bank faces two critical tensions. The first pits the desire to be free of Western-imposed constraints on lending, versus the need for prudential lending. The second sets the high-minded desire for equality of governance against the reality that lack of Chinese dominance may result in institutional neglect by its primary benefactor.

While the BRICS Bank project was put together in an impressively short two years, most of the difficult questions remain unanswered.
These tensions — critical to the bank’s viability — will not be easily resolved. I expect it will be several years before the details are sufficiently ironed out for the BRICS Bank to open its doors.

(Russell Green is the Will Clayton Fellow for International Economics at Rice University’s Baker Institute and a former U.S. Treasury official.)

http://www.thehindu.com/opinion/op-ed/for-the-brics-bank-a-tough-road-ahead/article6238656.ece
Post By BigDog-OH Brought From Intel4u   Part 3 of 3

How Should the United States Respond to BRICS?    By David Thornton   | July 22, 2014

 While the U.S. economy continues to shrink slowly, several prominent countries are considering lessening their dependence on the U.S. dollar. Of course, this does not bode well for US economic interests.

 Several of the world’s leading countries are forming a coalition designed to relieve much of their reliance on the West. Brazil, Russia, India, China, and South Africa (BRICS) are the five leading countries that have united to form a reserve banking system that will lessen their reliance on the US Dollar and create “a more multi­­­–polar world.”
~~~
  [1]  Recently, leaders from each of the BRICS countries convened in Brazil to agree on the development of the $100 billion BRICS Development Bank.

[2]  According to Alonso Soto, “The money would be invested in infrastructure projects within BRICS countries, including the construction of roads, bridges, and airports.”

[3]  Many expect the fund to be operational by the time the BRICS summit meets next year in Russia.

[4]  In the United States, however, economic policy continues to lack much-needed reform as the national debt continues to accumulate. Molly Elgin-Cossart analyzes the BRICS summit in Brazil and offers advice on what the U.S. stance should be in addressing this rising economic partnership.

Elgin-Cossart writes that the US should seriously consider restructuring its policies concerning the NSA and intelligence gathering in addition to pursuing economic reforms.

[5] Some countries have vocalized their disapproval of the encroaching spying by the U.S. In an effort to stabilize growing tensions between foreign countries, the U.S. should retrace some of its stances on what are acceptable intelligence gathering techniques in order to prevent possible strain in foreign trade.

For example, several prominent U.S. technology firms, such as IBM Corp, have reported weaker sales in China as a result of U.S. cyber spying.

[6]  While some may disapprove of the BRICS reserve fund, monetary prosperity throughout the world will grow once the U.S. takes economic and trade reforms seriously.

 First, the U.S. needs to revise the corporate tax rate. It is critical for the U.S. to rethink its corporate tax laws which disincentivize many U.S. and foreign companies from placing their headquarters, research and development centers, and jobs within the United States.

Michael J. Graetz describes how the U.K., Ireland, and Canada have become favored countries for major corporations due to their low business income tax rates.

[7] According to Graetz, the U.S. “has the highest statutory corporate rate in the Organization for Economic Cooperation and Development,” which is currently 35%.

[8] With improved corporate tax reforms, the U.S. will likely grow its revenue, which, in return, will provide more opportunities for the United States to trade and contribute more in aiding foreign countries in need.

 Second, the United States needs to address its ever growing trade deficit, which is currently calculated at around -$10.347 trillion.

[9] Michele Nash-Hoff claims that “our 20-year total trade deficit with China since 1994 is a staggering -$3.287 trillion.”

[10] According to Robert E. Scott, America’s trade deficit with China between 2001 and 2011 resulted in a loss of 2.7 million U.S. jobs.

[11] It is critical that the U. S. government addresses this issue and come together to formulate trade reforms that will benefit the American people. With a growing trade deficit, the United States continues to weaken its economy and lessen its effectiveness in spreading monetary prosperity throughout the world.

Given the present political atmosphere in Washington, one may not place too much faith in the U.S. remaining the world’s leading economic powerhouse with the strongest currency. Concerning BRICS, it will be interesting to see how this upcoming reserve fund affects US fiscal policies in the years to come.

 Notes

 [1] “BRICS establish $100bn bank and currency reserves to cut out Western dominance,” RT, July 15, 2014, accessed July 15, 2014,
http://rt.com/business/173008-brics-bank-currency-pool/


 [2] Ibid.

 [3] Alonso Soto, “BRICS investment fund likely to have $10bln initial capital-source,” Reuters, July 15, 2014, accessed July 15, 2014, .
http://in.reuters.com/article/2014/07/15/brics-summit-investment-fund-idINKBN0FK1SV20140715

 [4] Ibid.

 [5] Molly Elgin-Cossart, “What to watch at the BRICS summit in Brazil,” Center for American Progress, July 14, 2014, accessed July 15, 2014,
http://www.americanprogress.org/issues/security/news/2014/07/14/93801/what-to-watch-at-the-brics-summit-in-brazil/

 [6] Michael Martina and Matthew Miller, “U.S. firms brace for China backlash over cyber spying charges,” Reuters, May 20, 2014, accessed July 19, 2014,

http://www.reuters.com/article/2014/05/20/cybercrime-usa-china-business-idUSL3N0O62NU20140520


 [7] Michael J. Graetz, “Inverted Thinking on Corporate Taxes: Instead of trying to bar U.S. companies from going overseas, why not make America more hospitable?” Trade Reform, July 16, 2014, accessed July 18, 2014, . http://www.tradereform.org/2014/07/inverted-thinking-corporate-taxes-instead-trying-bar-u-s-companies-going-overseas-make-america-hospitable/

 [8] Ibid.

 [9] Michele Nash-Hoff, “Trade Deficit Would Shrink with Stroke of a Pen,” Trade Reform, July 16, 2014, accessed July 19, 2014,
http://www.tradereform.org/2014/07/trade-deficit-shrink-stroke-pen

[10] Ibid.

 [11] Robert E. Scott, “Trading away the manufacturing advantage: China trade drives down U.S. wages and benefits and eliminates good jobs for U.S. workers,” Economic Policy Institute, September 30, 2013, accessed July 19, 2014,
http://www.epi.org/publication/trading-manufacturing-advantage-china-trade/

Well done

If you are a vet and/or just love this country, please take a few minutes and watch this video.
Thank You and GOD BLESS.


Moving, very moving.  Please watch it full screen if you can!






Subject: Well done








GOD BLESS AMERICA



WHAT HAPPENS IF YOU HAVE SURPLUS MH370, PART 6: AN PROJECT CAMELOT INTERVIEW PARTIAL TRANSCRIPT

The Rumor Mill News Reading Room 

WHAT HAPPENS IF YOU HAVE SURPLUS MH370, PART 6: AN PROJECT CAMELOT INTERVIEW PARTIAL TRANSCRIPT
Posted By: IZAKOVIC [Send E-Mail]
Date: Friday, 1-Aug-2014 15:20:49

DAVID HAWKINGS PROJECT CAMELOT IMPORTANT POINTS INTEVIEW TRANSCRIPT RE MH370
..My name is David Hawkins, I am 70 year old guy roughly turning 71, I am graduated from chemical engineering from Cambridge University, back in 19'60, and after leaving Cambridge with a degree in mechanical engineering and diploma in dust fumigation I joined French oil field exploration company called Schlumberger (http://slb.com/) based out of Paris, and I had an quite exiting carrier including being deployed from Paris hoping to pull up the oil funds, international trouble shutting, and my last job with Schlumberger was to coordinate rather artificial intelligence. And GSM research at Schlumberger research center in Reachfield Connecticet where I worked on advanced problem solving techniques where computers emulated human beings.
I went back to the UK and started a software company for the international oil industry, and I was the founder and a part of the software people. We ended up solving the data problems in international oil industry, so all the data mowing between the mayor oil companies runs on the software developed by my team.
I experienced then just how savage international finances could be because I ended up having my company and it's intellectual property taken away from the original shareholders, laundered thru liquidator, and ending up with my previous employer coming from Schlumberger at the time when the director of Schlumberger was John Deutch, the disgraced former director of CIA. It was fired by Bill Clinton, but I digress.
After leaving Schlumberger and my company in UK I come to British Colmbia in 1992, and within 3 weeks of arriving I sensed that I was in the most corrupted juristinction in the world...
...Very interestingly, the company called McDonald Devilder, that I know very well, was given a contract by the U.S. Air Force to develop software for taking plains off their regular air airways and clipping them to the what is known as final approach proceedings for category C3 landing. That was designed as one anti-hijacking technology, but I knew back then that this would give the Canadian government and investigators of McDonald Devilder the ability to hijack the aircraft electronically and provide the category C3 landing, ostensibly to protect against the physical hijacking of the cockpit, but in reality if you got the bad guy, that is operating the Dragon Drop interface, they can capture a plane remotely as happened with MH370.
So, around December the 6 of 2006, I have been desperately trying to alert anyone who would listen to me of the dangers of what I have known in that in the spy industry is called the manned attack on the command structures of sovereign states, including Americas...
...The theory that I have would fit the Occam Razor, fitting all the facts and maximum simplicity.
The plane lands at Diego Garcia, category C3 landing (instruments only, Boeing uncontrolled by pilot,
pilot has no involvement, physical involvement to that plane, taxis into the hangar, deployable
hangar, extendable, so it can handle B2s, and B777-200. Inside that hangar would be a group of agents, deployed out of UK, a ZIGBEE agent. That is term from the industry, a stealth asset which might be a human being with the bracelet around the ankle for sub-cutaneous chip...
...Once that plane is inside the hangar all bets are off of what can happen to that plane...because they could fly the Freescale semiconductor team to Being...and gas the rest of the passengers, which would be 209... and fill up the aircraft with corpses and wait for opportunity to scatter the search parties along the 20.000 km long between Kazhastan and western Australia and wait about 30 days, having trigered the clock of the battery inside the black boxes, and then started warning the public that it was a tremendous race to locate the black boxes before the battery went dead.
And then you got this magnificent piece of theater that, maybe, on the 30's day some lucky ship in southern Indian Ocean, is going to get one ping from satellite that got ping from Rolls Royce engine, and then the batteries are to go dead.
They would be able to say: Well we know that the plane went down in the south Indian Ocean, but, unfortunately, the water depth there is 15.000 feet, the currents are high, the weather is very bad, so we are calling off any search for human beings or debris...
…I'd like to introduce your listeners to the concept of Free Flight Technology that was sponsored by ICA based in Montreal.
Idea of free flight technology is to detach the plane from ground based air traffic control when the plane reaches it's cruising altitude which is, normally not so busy as it is around an airport where lots of contextual decisions are to be made by pilots based on their visual observations...
...At altitude that was reached by MH370 was not lot of activity, and so what the people in Montreal did ….. is they said: “would not be interesting if we could use a particular aircraft to do positioning of anyone of their members at cruising altitude so the plane just, instead of being controlled by aircraft control from the ground, are controlled by a swarm of aerial zigbiees, each using precise synchronising timing signal and satellites and the most accurate clock in the world, which is the National Physical Laboratory clock (http://www.npl.co.uk/) tha is in the custody of CIRCO.
Now, when that plane had it's transponders and e-car systems switched off , it is my belief that it was not Inmarsat (http://www.inmarsat.com/) that was receiving a ping from the RR engines. It was that Inmarsat was sending Ping to find that aircraft...asking “where are you?”.
Inmarsat is, I believe, integral part of conspiracy of the abduction of the MH370. That is British company with some very dodgy directors.
Inmarsat have then pretended that it was receiving passively ping from the engines. No other satellite in that area, space is now swarming with satellites, civilian or military. No other satellite received that ping despite if it was designed to receive the signals of everything what was communicated. And they said the only satellite that received the last PING was the Inmar satellite in geostationary orbit directly above Diego Garcia.
Therefore they could not triangulate so they were forced to use Doppler analysis which is phoney baloney...
...I believe that what they were operating was effectively a homing beacon directly above Diego Garcia and guiding the plane towards the Diego Garcia in what the ICAO would call “free fly mode”, that is detached from ground traffic control and flown entirely by cooperative network of aerial zigbees...
...For example, the biggest share holder in BOEING is the TIAA Craft, the Teachers Insurance Annuity Association College Retirement Equity Fund, which manages the pension of educators such as Barack Obama...And Hillary Clinton, and Bill Clinton...
….So TIAA Craft was the big institution shareholder in BOEING was the company was forced to move it's HQ from Washginton state to Chicago, where it's offices were commissioned on 911...
There is lot more.
Summing up MH370 story:
Plane was abduced by city of london zigbee personal that is stationed on Diego Garcia using installed remote control during Malay-US military exercise. So its dissapereance could be explined by a friendly fire. The MH370 pilot was practizing navigation to and landing at remote islands at Indian ocean. It's flight simulator was quite sophisticated.
MH370 was landed on Diego Garcia. Then the island was closed for take-offs for next 72 hours.
During that time 20 Malaysian and Chinese experts on Freescale were flown to the China factory that is equipped to produce new processors. And its owned by Chinese Military.
At that time Michele Obama, with the history of patent lawyer arrived at Beijing with her mother who molested everyone. She there did a god job, for her family. As the rest is still directed by a dying bush.
Rest of the MH370 passengers were moved to the Great Cocos Island, together with the plane which was re-painted, and got a new registration. Not that one what that passenger published on line boarding the MH17.

Source:

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

WHAT HAPPENS IF YOU HAVE SURPLUS MH370, PART 5: JULY 19, 2014 CASSIOPAEA AND FOSUS SESSIONS: ISRAELI
http://www.rumormillnews.com/cgi-bin/forum.cgi?read=312860

You can dump it on Ukraine rebels to nail Putin.
Yes, they are so dumb.
IZAKOVIC
http://www.derepspace4.com

India Shocks World, Joins Russia Against Obama Regime

August 1, 2014
India Shocks World, Joins Russia Against Obama Regime
By: Sorcha Faal, and as reported to her Western Subscribers

A new report prepared by the Ministry of Foreign Affairs (MoFA) circulating in the Kremlin states that India’s veto earlier today of a landmark World Trade Organization (WTO) treaty has shocked the world and could very well lead to the entire collapse of this Western led global organization that forpast 66 years has, in essence, economically destroyed too many once free nations to count.
According to this report, India was forced to take a stand against the West who were attempting to force this sub-continent nation into starving hundreds-of-millions of its own citizens should this WTO treaty taken effect.
In a nutshell, according to press reportsIndia was facing extreme pressure, mostly from the Obama regime led West, for holding up the Trade Facilitation Agreement under the WTO.  It did so because it wants to first settle the question of flexibility to buy and stock as much food as it wants from its farmers. This is important to ensure the implementation of its Food Security Act.
Current WTO rules cap subsidies to farmers at 10 percent of the total value of farm production based on 1986-88 prices. [Example: Wheat: 1986:$2.42 per bushel 2014: $5.93 per bushel]
India, however, had wanted the base of calculating food subsidies updated to current price levels, taking into account inflation and currency movements. Otherwise, the government would not be able to provide subsidized food to some 67 percent of its 1.2 billion people it wishes to cover under its food security law.
Obama regime spokesman, Secretary of State John Kerry, this MoFA report continues, had flown to India to pressure Prime Minister Narendra Modi into signing this treaty but was quickly rebuffed. After which the US then blamed India for the collapse of these talks and stated that by New Delhi taking a hard-line position, the future of the WTO is now on “uncertain ground”.
In a further Indian move against the Obama regime, this report says, the Bank of Russia and the Reserve Bank of India, this week, agreed to set up a working group to devise tools to use their national currencies in bilateral payments bypassing the US Dollar in a further blow to the West.
Important to note of these events, this report continues, is that India in being a member of the anti-Western economic alliance known as BRICS (Brazil, Russia, India, China and South Africa) that last month signed an historic agreement to break the Obama regimes hegemony over the world by establishing their own monetary system.
Director Domenico Lombardi, an expert on the global economy from the Canadian think tank Center for International Governance Innovation's (CIGI) global economy program, in commenting on the BRICS establishment of their New Development Bank (NDB) to counter the destructive policies of the Western-led World Bank (WB) and International Monetary Fund (IMF) further stated:
The BRICS’ new financial institutions, it has been further warned, could also undermine US-EU global dominance as they have had unchallenged sway over the decision-making institutions of global financial governance for 70 years, and the last thing they want to see is competition.
So deadly serious have the US-EU become in trying to maintain their global economic hegemony, MoFA experts in this report say, one need look no further than Libya, where in 2011, Muammar Gaddafi planned to quit selling Libyan oil in US Dollars — demanding payment instead in gold-backed“dinars (a single African currency made from gold).
Within weeks of Gaddafi announcing his plan to replace the US Dollar, it should be remembered, his regime was attacked by a supposed popular uprising by what were described by the West as rag-tag revolutionaries who curiously announced the designation of the Central Bank of Benghazi as a monetary authority competent in monetary policies in Libya and the appointment of a Governor to the Central Bank of Libya, with a temporary headquarters in Benghazi.
So absolutely astounding was it that these “rag tag” Libyan rebels were able to establish a central bank before they had even formed a government, even Robert Wenzel of the US Economic Policy Journal was forced to admit to CNBC, “I have never before heard of a central bank being created in just a matter of weeks out of a popular uprising.”
Wenzel in his CNBC interview further revealed that foreign powers may have a strong influence over the rebels and stated: “This suggests we have a bit more than a ragtag bunch of rebels running around and that there are some pretty sophisticated influences”.
Most critical to note in this report, however, is its warning that while the whole world is in the middle of a global currency war (i.e. a situation where nations all compete to devalue their currencies the most in order to boost exports), the Obama regime has now “set its sights” on Russia like it did in 2011 against Libya, and in 2003 against Iraq, and in 2000 against Iran…all nations that have sought to break away from the US Dollar.
Even Brazilian President Dilma Rousseff warned the West in 2010 that the last time there was a series of competitive currency devaluations … it ended in World War II.
Sadly, President Rousseff’s warning is being joined by some of the world’s top financial experts who warned this week that “World War III is coming”.
And with India now joining with Russia and China against the US and EU…it looks to be coming much sooner than later.
August 1, 2014 © EU and US all rights reserved. Permission to use this report in its entirety is granted under the condition it is linked back to its original source at WhatDoesItMean.Com. Freebase content licensed under CC-BY and GFDL.
[Ed. Note: Western governments and their intelligence services actively campaign against the information found in these reports so as not to alarm their citizens about the many catastrophic Earth changes and events to come, a stance that the Sisters of Sorcha Faal strongly disagrees with in believing that it is every human beings right to know the truth.  Due to our missions conflicts with that of those governments, the responses of their ‘agents’ against us has been a longstanding misinformation/misdirection campaign designed to discredit and which is addressed in the report “Who Is Sorcha Faal?.]