Friday, July 26, 2013

Free Yourself from the International Conspiracy Against Enlightenment: - An Essential 10 Step Program

The Rumor Mill News Reading Room 
Free Yourself from the International Conspiracy Against Enlightenment: - An Essential 10 Step Program
Posted By: Lion [Send E-Mail]
Date: Friday, 26-Jul-2013 17:42:28

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Almost everyone alive on Earth today is caught in a trap set by the global elite to prevent anyone from realizing a state of God Consciousness, or Enlightenment.
Truth has been degraded to fact, and jealously guarded by those who don't understand it themselves, and who fear the implications of it's discovery by others.
We are being stripped of our birthright, but we can overcome the many obstacles set against us.
This video series is made with the intention to equip all who view it to free themselves from the conspiracy against their innate, natural intelligence, intuition, and freedom to realize enlightenment.
Truly, if you live in the world today, and don't want to be a victim of the conscienceless global elite, it's a must watch.
For a full transcript, check out my blog:
http://manithyasudevi.blogspot.com
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Uploaded on Oct 28, 2011 By MaNithyaSudevi

http://youtu.be/1YbXpidAcz0
https://www.youtube.com/watch?feature=player_embedded&v=1YbXpidAcz0#at=24
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IMO... OUR POLITICIANS SHOULD TAKE NOTES FROM VLADIMIR PUTIN'S SHORT SPEECH AT THE RUSSIAN PARLIAMENT

IMO... OUR POLITICIANS SHOULD TAKE NOTES FROM VLADIMIR PUTIN'S SHORT SPEECH AT THE RUSSIAN PARLIAMENT
Posted By: Seawitch [Send E-Mail]
Date: Friday, 26-Jul-2013 17:33:58
 
FROM AN EMAIL
IMO... OUR POLITICIANS SHOULD TAKE NOTES FROM VLADIMIR PUTIN'S SHORT SPEECH AT THE RUSSIAN PARLIAMENT
Subject: Putin's short speech!
"The problems we face today are there because the people who work for a living are now outnumbered by those who vote for a living."
On February 4th, 2013, Vladimir Putin, the Russian president, addressed the Duma, (Russian Parliament), and gave a speech about
the tensions with minorities in Russia:

"In Russia live Russians.” Any minority, from anywhere, if it wants to live in Russia, to work and eat in Russia, should speak Russian, and should respect the Russian laws. If they prefer
Sharia Law, then we advise them to go to those places where that's the state law. Russia does not need minorities. Minorities need Russia, and we will not grant them special
privileges, or try to change our laws to fit their desires, no matter how loud they yell 'discrimination'. We better learn from the suicides of America, England, Holland and France, if we are to survive as a nation. The Russian customs and traditions are not compatible with the lack of culture or the primitive ways of most minorities. When this honorable legislative body thinks of creating new laws, it should have in mind the national interest first, observing that the minorities are not Russians.

The politicians in the Duma gave Putin a five minute standing ovation.
If you keep this to yourself, you are part of the problem!
http://www.rumormillnews.com/cgi-bin/forum.cgi?read=283301


URGENT PRAYER REQUEST



DEFEND CHRISTIANS org


One of our key partners in Alabama has been faithfully trying to get to the bottom of whether or not President Obama meets the constitutional criteria to be elected President. This has been a long, arduous, legal battle and is now pending before the Alabama Supreme Court.

Before the case is scheduled for a hearing before the full court, a panel of 4 judges along with the Chief Justice, Roy Moore, will make the decision whether or not to proceed based on the evidence presented.

Please pray that God would allow a hearing on the merits of this case so that the truth about President Obama's eligibility can be resolved one way or the other. Other courts have used technicalities to sidestep the issue and the merits of the case have never been considered. We believe this is an opportunity for truth and righteousness to be established through due process.

Please pray for Chief Justice Roy Moore and the other justices of the Alabama Supreme Court listed below:
  • Justice Jacquelyn (Lyn) Stuart
  • Justice Michael F. Bolin
  • Justice Tom Parker
  • Justice Glenn Murdock
  • Justice James Gregory Shaw
  • Justice James Allen Main
  • Justice A. Kelli Wise
  • Justice Tommy Bryan

In His Service,


Dr. Gary L. Cass


For a more in-depth look at the case, click here.



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On The Commons with Bill Davis - Saturday, July 27, 2013, 2:0 pm, or anytime thereafter, onthecommons.us!

Finally, attorneys for homeowners!  What a brilliant idea!  Now, the law and innocent people rights and property have to be recognized in the courts!  There should be no biases; gender, familial, or personal, etc.,  that are the basis, many times for this abuse, criminality and discrimination and courts need to stop upholding, or covering up the criminality being inflicted by these perpetrators and predators. My opinion and experience in far too many of these cases.

The show can be listened to, or downloaded to any device following the broadcast on Saturday, July 27th at 2:00 pm.  See: onthecommons.us, or onthecommons.net!


Hosted and produced by Shu BartholomewOn The Commons is a weekly radio show dedicated to discussing the many issues surrounding mandatory homeowner associations, the fastest growing form of residential housing in the nation.

What is an HOA?  The term and the concept seem to be shrouded in misunderstandings, misinformation and deliberate misnomers.  If there is so much confusion about what it is, can we all get on the same page to talk about a common concern and actually understand each other? 

 Joining us On The Commons this week is Bill Davis.  Bill, a Texas attorney who, after years of being caught up in the quagmires of controlled living, is starting to take on HOA cases  - representing the homeowners.  That is a very good thing for Texas owners.  Join us as we talk about HOAs in general, what they are and what they are not.  We also talk about the problems in general and some of the misinformation that is rampant in the world of residential corporate Amerika. 

On The Commons is broadcast every Saturday from 2-3 PM ET on Radio Fairfax.  In the Northern Virginia area, On The Commons can be heard on Cox Cable, Channel 37 and Verizon Channel 37.  On Comcast channel 27 in Reston in addition to several more cable channels all across Northern Virginia.  To listen LIVE globally on the internet, go to http://www.radiofairfax.com and click on “Stream Radio Fairfax” and if you are on the go, on your mobile devices,  http://tunein.com/radio/Radio-Fairfax-s24818  The show will be available on http://onthecommons.us/ shortly afterwards.  Please also visit our archives at http://onthecommons.net .

Shu Bartholomew
Host and producer

On The Commons is produced by OTC Multimedia Productions






Pictures: The Bankruptcy Edition



The Week in Pictures: Bankruptcy Edition

So Detroit is bankrupt, Obamacare continues to crumble, and our national security challenges remain a festering mess, and Obama decides he has to talk about . . . Trayvon Martin. 
I’m starting to get a bad feeling about this president.  In any case, it’s clear where the biggest bankruptcy of the nation is right now, and its street address is “1600.”

 http://www.powerlineblog.com/admin/ed-assets/2013/07/Obama-Trayvon-copy.jpg


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http://www.powerlineblog.com/admin/ed-assets/2013/07/Race-Baiting-Obama-copy.jpg



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http://www.powerlineblog.com/admin/ed-assets/2013/07/Obama-detroit-copy.jpg


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http://www.powerlineblog.com/admin/ed-assets/2013/07/Brain-copy.jpg




Pretty much sums up my sentiments


Pretty much sums up my sentiments

I don't often forward links, but this one is worth a careful listening, probably true, this guy is bold to speak out and say what we all believe, 



JPMorgan To Exit Physical Commodity Business

JPMorgan To Exit Physical Commodity Business

Tyler Durden's picture
Submitted by Tyler Durden on 07/26/2013 15:18 -0400


After weeks of emptying of their Gold vaults and making headlines in recent days over their oligolopolization of commodity warehousing, it seems the threat of a probe has excited Blythe and her colleagues to dump while the dumping is good:
  • JP. MORGAN TO EXPLORE STRATEGIC ALTERNATIVES FOR ITS PHYSICAL COMMODITIES BUSINESS
Options include sale, spin-off, or strategic partnership as they re-confirm that they are "fully committed to traditional banking activities," as they look to drop the holdings of commodities assets and the physical trading business. We can only assume that "physical commodities" include the company's extensive inventories of tungsten (as well as the vault housing it), and not so extensive stores of gold and silver. That said, we are confident that the collapse in represented (but not warranted) JPM Comex gold vault holdings to a record low, and this news is completely unrelated.

From JPM:
J.P. Morgan to Explore Strategic Alternatives for its Physical Commodities Business

New York, July 26, 2013 - JPMorgan Chase & Co. (NYSE: JPM) announced today that it has concluded an internal review and is pursuing strategic alternatives for its physical commodities business, including its remaining holdings of commodities assets and its physical trading operations.

To maximize value, the firm will explore a full range of options over time including, but not limited to: a sale, spin off or strategic partnership of its physical commodities business. During the process, the firm will continue to run its physical commodities business as a going concern and fully support ongoing client activities.

J.P. Morgan has built a leading commodities franchise in recent years, achieving a top-ranked revenue position. The business has been consistently named as a top client business in Greenwich Associates' annual client surveys and was recently named Derivatives House of the Year by Energy Risk magazine.

Following the internal review, J.P. Morgan has also reaffirmed that it will remain fully committed to its traditional banking activities in the commodity markets, including financial derivatives and the vaulting and trading of precious metals. The firm will continue to make markets, provide liquidity and offer advice to global companies and institutions that have, for years, relied on J.P. Morgan's global risk management expertise.

And then the question: which Fed-backed bank will "buy" JPM's commodity exposure? Or maybe this time Bernanke will cut away the middlemen and make the tunnel between its gold vault and that of JPM across Liberty Street, official?

The Rebirth of the Republic & the Rise of the Meek

• Historic progress towards freedom made in last six weeks alone
• Return of the US to the gold standard close at hand
• A world of transparency and disclosure rapidly emerging
News | July 24, 2013 | UPDATED: July 25, 2013 (see links below)
For more news stories see our News Archives
Get ready. Our world is about to undergo a total and complete metamorphosis. Despite what you see on the nightly news channels and mainstream newspaper headlines, the world we have grown accustomed to is going to be transformedfrom top to bottom –– spectacularly! Magnificently!
The Declaration of Independence
In fact, our world has already been deep in the throes of change now more than any other period in the recorded history of mankind –– bar none. As many anxiously await a series of major events to unfold, most particularly the Global Currency Reset to be implemented, we must always be mindful of the overall big picture.
In assessing the big picture, we can truly appreciate the unprecedented amount of progress which has been made, and continues to be made, towards the liberation of the human race just within the last few weeks alone. It is truly astounding to see.
At this stage of the game, it is clear the mindset of the world has escalated into a very high state in order to prepare itself for an impending, global event of the greatest magnitude. There clearly are many, many signs indicating a strong sense of urgency is stirring within numerous countries as a brilliant, grand plan is coming more and more into focus with each passing day and in each passing hour.
The grand plan we are witnessing now is nothing less than historic. Yes,historic. Let's take a quick review of what has transpired over the last six weeks or so.
–  June 7 - 9th: President Barack Obama and Chinese President Xi Jingping meet in Palm Springs, California for negotiations on the Basel III accords, the Global Currency Reset and the Restoration of the Republic.
– June 27th: The United Nations Security Council votes 15 - 0 to lift Chapter 7 sanctions against the country of Iraq after nearly 23 years of hardships on the Iraqi people. This is Iraq’s biggest achievements since the ouster of Saddam Hussein a decade ago, allowing Baghdad to regain control over its own currency, oil and economy.
– July 10th: Treasury Secretary Jack Lew meets with a Chinese delegation to work out final details of the Global Currency Reset.
– July 11th: An updated version of the Glass - Steagall Act is reintroduced for vote in the US Senate led by Senators Elizabeth Warren (D-Mass.) and John McCain (R-Ariz.) which would require all the major, "too-big-to-fail" banks to be completely overhauled and downsized.
– July 15th: The Iraqi Stock Exchange opens for international trading for approximately two hours to test if their system interfaces correctly with NASDAQ. In order for the ISX to conduct international trading, the logical next step is for Iraq to revalue their dinar in order to have an internationally recognizable currency.
– July 18th: Confirmed reports emanating out of the United Nations (UN) insist the revaluation of the Iraqi dinar was announced within the UN itself by two foreign countries, one of which may have been the delegation from Iraq.
– July 20th: Fox News briefly reports US Secretary of State John Kerry offering confirmation of the adoption of the Basel III banking regulations.
– July 21st: Numerous reports of banks across the US, and apparently some in the UK, announcing to their customers various down times for system maintenance including the international service known as SWIFT (Society for Worldwide Interbank Financial Telecommunications).
– July 23rd: More rumblings coming out of the UN as a growing chorus of impatience continues to swell amongst some its member nations who openly question why the Global Currency Reset has not been enacted yet.
By any stretch of the imagination, the sheer number of astounding events listed above marks nothing less than a complete changing of the guard. These kinds of developments would not even happen, if the old regime was still in charge. We simply have not seen this kind of significant activity on both a national and international scale ever, ever before.
STAGE IS SET FOR A RETURN TO THE GOLD STANDARD
What should we expect to see next? One of the most important final steps most anticipated is some kind of acknowledgment that the United States has returned to the gold standard. Whether it comes in the form of a formal announcement remains to be see. It has been nearly 41 years since President Richard M. Nixon removed the US from the gold standard, setting the stage for hyper-inflation of the dollar and the manufactured global financial crisis of 2007.
Make no mistake about it, the current world-wide financial crisis was totally engineered by the international bankers, the Federal Reserve, Ben Bernanke in collusion with the George W. Bush, Jr. administration in order to bring about their frightful New World Order agenda. Instead of succeeding towards that objective, it had just the opposite effect of mobilizing and waking up a world-wide resistance force which has stood tall to stop the NWO dead in its tracks.
As we outlined in our previous article, "At the Precipice of a Brave New World,"a return to the gold standard seems to be assured for the United States from all of the blatant symbolism alone found on the new $100 bill due to be released on October 8, 2013.
There was an air of high expectation on July 17th, when US Treasury Secretary, Jack Lew, appeared on CNBC's "Delivering Alpha" conference. Many had anticipated Secretary Lew would take the opportunity to formally announce a return to the gold standard. Alas, he did not. However, it appears that announcement is still very much in the cards.
A HEIGHTENED NEED FOR SECURITY 
Nonetheless, the lingering question remains, why has the Global Currency Reset not happened as of yet, despite many sensing it is so very, very close? And the simple answer to that question is one word, and one word only ––security.
We must realize how much monumental hard work has been invested into this process, by a wide assortment of people from a variety of entities. These entities come from across the spectrum, many of which have banded together and include: the Chinese elders; the Chinese government; Russia; the BRICS alliance; the United States Treasury; the US Military; the US Supreme Court; the World Court; the IMF; the World Bank; the Iraq government; a number of other foreign governments; and the numerous banks involved, among many others.
After decades of slow but steady progress, no one who has worked so tirelessly on behalf of the people of the Earth desires to see their hard fought efforts sabotaged at this late stage of the game. No one, that is, except for the ever-shrinking cabal opposition.
Democracy vs. Republic
Apparently, the Chinese elders have insisted there be a total restoration of the Republic in the US when the new asset-backed, Basel III financial system is implemented, to ensure it will be completely safe and secure. Otherwise, chaos could be unleashed by an evil cabal who is hellbent on taking the whole world down with them.
The Chinese have long held a reputation for being extremely thorough and infinitely patient. They are unwilling to risk anything without the necessary safeguards firmly in place. Therefore, it is highly likely we may see a Restoration of the Republic go hand-in-hand with the Global Currency Reset. Believe it or not.
APPEARANCES CAN BE DECEIVING
Many may also be wondering why would all of these global institutions be co-operating now to allow a new asset-backed economic system to be installed after benefiting so richly from the old corrupt debt-based system?
The answer to that question is two-fold:
1) Realize this has been a long and drawn out struggle. Decades and decades of groundwork has been laid out through the legal route and by sheer force which has backed the cabal into a very tight corner they can no longer remove themselves from, despite all their futile efforts. In addition, their source of funds used to finance all their dirty deeds has been systematically cut off, one by one.
2) Despite the nefarious reputations of many of these global institutions –– most particularly the major banks –– it is important not to paint them all with a broad brush. There are white knights or white hats strategically placed throughout every one of these establishments who are working in secret from the inside to turn them around. While still many others serving within the ranks of the cabal have been offered deals they simply cannot refuse, ie: long jail sentences, bankruptcy, and/or something far worse.
In other words, we have arrived at check mate time. Game over.
Along with security, two other key words are clearly defining these times we are living in –– transparency and disclosure. What we are now seeing is the same old nasty tricks which used to work so well in the old days, no longer do because the people of the world are waking up. And as they wake up, they are saying ––  enough is enough.
And we can clearly see across the planet, from far and wide, people are waking up in droves. They are standing up to be counted through protests; demonstrations; Occupy Wall Street; the Arab Spring; Egypt; Greece; Brazil; Spain; alternative media; blogs; social networks; and on and on. And they are shouting it out to anyone who can hear them  –– "we have had enough of the corruption, lies and greed." The time has come to change the rules of the game.
The new Basel III banking system is preparing the world for a totally transparent global economy built upon real, tangible assets. No more stashing trillions of ill-gotten gains away in some secret Swiss, Vatican Bank or offshore accounts. No more black budgets where other untold trillions are funneled down black holes to finance unending black operations. No more nuclear threats, no more war on terror, no more using warfare for global conquest.

All Wars Are Bankers' Wars - FULL version
When the button for Global Currency Reset is finally pushed, our world will never, ever be the same again. Trillions upon trillions of fraudulent debt will be instantly wiped off the books. Massive amounts of money will flow through the World Global Settlements to repay countries who have been robbed blind by the international banking cartel, including the US. And still more multiple billions will finally be made available to underwrite massive global humanitarian projects. What is waiting in the wings ready to be distributed to humanity is truly staggering.
Once the parasites are fully removed from the system, which has been ongoing for years and has picked up momentum this year and last, we will see the floodgates open to a bountiful number of changes.
If you knew the amount of planning, preparation and strategy which has gone into rescuing the world from a total take-down, it would boggle your mind. Programs such as Global Currency Reset, the World Global Settlements, the Global Collateral Accounts, NESARA and more were not some sort of random idea or initiative somebody thought up a few years ago. Rather, they have been part of an overall grand scheme in the works since the end of World War II to restore complete sovereignty and peace to a chaotic planet and human race in crisis.
Anyone with a conscious and a heart, can easily see the world is in trouble. Big trouble. There are far too many people living in poverty and misery and the world is drowning in a sea of debt. People are demanding sweeping changes to the system. Yet we must realize, nearly all of humanity's profound problems we see right now can be quite easily solved as long as there is a will. And, the good news is –– that will has been found. And soon you will see it and find it within you too!
THE FOUNDING FATHERS RISE AGAIN
It only takes a very small percentage of dedicated, passionate people to a have a great effect upon the world. Remember, during the Revolutionary War in the American colonies in the late 1700's only 3% of the population actually entered into the conflict and only 10% actively support the 3%. Yet the outcome effected every single person in America and untold future generations of people still to be born. And it became a global phenomenon blazing in the hearts of those who longed for the ideals of freedom.

The Founding Fathers drafting the US Constitution
Our Founding Fathers who drafted the brilliant documents known as the Declaration of Independence, the Bill of Rights and finally the US Constitution, were some of the most illustrious men who have ever lived, not only in this country, but anywhere in the world. And their great work is about to be reborn yet again. Yes, it is time for an encore!
Some of these men were mere simple farmers, doctors and statesmen yet they came together in an almost Divinely-inspired mission to lead their country out of the depths of bondage to create a new nation which became a beacon of light to the world. Many paid with their lives but their sacrifices were not in vain. The nation which they founded was the united states for America ––  a republic, not a democracy, as the media and educational system would have you believe.
Since the war of 1812, there has been an all-out assault on our country by the international banking cartel to steal the hard fought freedoms and values established by the Founding Fathers. The British Crown never gave up their desire to rule over America and eventually they succeeded by controlling our money supply through the City of London bankers, the Federal Reserve, in cahoots with the Vatican and numerous Popes.
Forget about all the phony baloney you have read about in the history books ––  "history is written by the winners," it has often been said. All wars are about money. Nearly all political assassinations such as Abraham Lincoln, JFK, RFK, MLK, etc. were about controlling the supply of money and maintaining absolute power.
You have been told a pack of lies about your history. Now is the time to begin to know the true heritage on planet Earth and its people.
Soon you are going to learn of the many brave men and women who have put their lives on the line once more to save the world from total annihilation to bring us to the point of emancipation. You will learn about completely anonymous people who have worked tirelessly behind the scenes and have never received any kind of recognition, whatsoever.
Some of these great people have long since passed away. Some have passed away only recently. But eventually, all will be remembered and duly honored for their service to not only the US, but the entire human race. Still others may simply prefer to remain completely unknown, their selfless acts of heroism to be forever silent and unacknowledged.
THE END IS JUST THE BEGINNING 
Make no mistake about it, the proverbial genie is out of the bottle. And all the kings horses and all the kings men will never be able to put him back in again.
With the adoption of the Basel III accords by the Federal Reserve, the FDIC and the Office of the Comptroller; with the impending reimplementation of the gold standard and the very vital Glass-Steagall Act; with the introduction of new money in October and rebirth of the US Treasury, all the pieces are falling into place. Combined those major steps with the intense negotiations ongoing between the US and China and the swift action underway in Iraq, then we can truly say we are nearly set to light the fuse. Victory is within our grasp.
Have faith all is unfolding in perfect order. Do not buy into the fear-mongering mainstream news headlines. Many of the more controversial news stories of the day are now being quickly exposed as fake or propaganda, or at the very least, completely baseless.
The news media is an integral part of maintaining the illusion and they can no longer keep up the facade. Their days as gatekeepers of the flow of information are numbered as the Restoration of the Republic begins to unfurl.
Do not misjudge a world uniting as one to stand in resistance to a wicked force such as the New World Order as somehow a part of the problem. Amazing alliances have been formed which have never existed before. The human family is coming together in order to create a new Earth, and a new Heaven. A true Golden Age for one and all. We are all in this together.
You may be shocked to ultimately learn we are all connected, we are all a part of the same whole. A part of God. A part of the Divine Creator.
Appreciate what has happened thus far and not frustrated with what has not.
Remember the immortal words of the late John F. Kennedy –– ask not what your country can do for you, ask what you can do for your country.

John F. Kennedy - "...ask not.."
Each and every day we move ever closer towards our freedom. Each and every hour our world is transforming. And each and every moment we are discovering the power which lies deep within us.
And through all the struggles, all the trials and all the tribulations we are witnessing the fulfillment of the great prophecy –– and the meek shall inherit the Earth.
© 2013 MR Productions, LLC | All rights reserved
For more news stories see our News Archives
SUPPLEMENTAL INFORMATION
Who Owns America - The Corporation Pt. 1 of 2
Who Owns America - The Corporation Pt. 2 of 2
The Money Masters – Full Movie
Republic vs. Democracy
Change is on the Horizon Part 1 of 3 Dawn of the Golden Age
Change is on the Horizon Part 2 of 3 The American Federal Empire
Change is on the Horizon Part 3 of 3 The Farmer Claims Program

The Four Men Who Control 75% of the World Money Supply - Having Some 'Issues'...

The Rumor Mill News Reading Room 

The Four Men Who Control 75% of the World Money Supply - Having Some 'Issues'...
Posted By: Lion [Send E-Mail]
Date: Friday, 26-Jul-2013 16:24:35

------------------------
Sovereign Man
Notes From The Field
July 26, 2013
Kiev, Ukraine
Over the past several decades, people around the world have become so brainwashed that few people really give much thought anymore to the safety of their currency.
It's not something people really understand... there's apparently some Wizard of Oz type figure at the top of the hill pulling all the levers of the monetary system.
And we just trust them to be good guys.(?)
This is partially true.
Today's financial system is dominated by central bankers who have been awarded nearly dictatorial control of global money supply.
In allowing them to set interest rates, they are able to control the 'price' of money, thus controlling the price of... everything.
This power rests primarily in the hands of four men who control roughly 75% of the entire world money supply:
Zhou Xiaochuan, People's Bank of China
Mario Draghi, European Central Bank
Haruhiko Kuroda, Bank of Japan
Ben Bernanke, US Federal Reserve
Four guys.
And they control the livelihoods of billions of people around the world.
So, how are they doing?
We could wax philosophically about the dangers of fiat currency.
Or the dangers of the rapid expansion of their balance sheets.
Or the profligacy of wanton debasement through quantitative easing.
But let's just look at the numbers.
In theory, a central bank is like any other bank.
It has income and expenses, assets and liabilities.
For a central bank, assets are typically securities or commodities which have value in the international marketplace, such as gold or US Treasuries.
Central bank liabilities are all the trillions of currency units floating around... dollars, euros, yen, etc.
The difference between assets and liabilities is the bank's equity (or capital).
And this is an important figure, because the higher the capital, the healthier the bank.
Lehman Brothers famously went under in 2008 because they had insufficient capital.
They had assets of $691 billion, and equity of just $22 billion... about 3%.
This meant that if Lehman's assets lost more than 3% of their value, the company wouldn't have sufficient cushion, and they would go under.
This is exactly what happened.
Their assets tanked and the company failed.
So let's apply the same yardstick to central banks and see how 'safe' they really are:
- US Federal Reserve: $54 billion in capital on $3.57 trillion in assets, roughly 1.53%. This is actually less than the 1.875% capital they had in December. So the trend is getting worse.
European Central Bank: 3.69%
Bank of Japan: 1.92%
Bank of England: 0.843%
Bank of Canada: 0.532%
Each of these major central banks in 'rich' Western countries is essentially at, or below, the level of capital that Lehman Brothers had when they went under.
Repeat: Each of these major central banks in 'rich' Western countries is essentially at, or below, the level of capital that Lehman Brothers had when they went under.
What does this mean?
Think about Lehman again.
When Lehman's equity was wiped out, it caused a huge crisis.
The company's liabilities instantly lost value, and almost everyone who was a counterparty to Lehman Brothers lost a lot of money because the company could no longer pay its debts.
Accordingly, if the US Federal Reserve's assets unexpectedly lose more than 1.5% of their value, the Fed's equity would be wiped out.
This means that any counterparty holding the Fed's liabilities (i.e. Federal reserve notes) would lose.
More specifically, that means everyone holding dollars.
Theoretically if a central bank becomes insolvent, it can be bailed out.
It happened in Iceland a few years ago.
There's just one problem with that thinking.
Iceland's government wasn't in debt at the time.
So they were able to borrow money in order to bail out their central bank.
Today the government is in debt over 100% of GDP, but the central bank is solvent.
But governments in the US, Europe, Japan, England, etc. are all too broke to bail out their central banks.
These governments are already insolvent.
So if the central bank becomes insolvent, there won't be anyone to bail them out.
This is one of the strongest indicators of all that the financial system as we know it is finished.
When central banks can no longer credibly issue liabilities, and their home government are too broke to bail them out, this paper currency standard can no longer function.
Such data really underscores the importance of owning real assets such as productive land and precious metals.
Given its nominal roller coaster ride lately, there has certainly been a lot of scrutiny and skepticism about gold.
But to paraphrase Tony Deden of Edelweiss Holdings, if you dispute the validity of gold as a hedge against declining fiat currency, that makes you, by default, a paper bug.
Can you really afford to be confident in this system?
[To be continued on Monday... when I'll give you some even more surprising numbers.]
Signature
Simon Black
Senior Editor, SovereignMan.com

Navy SEAL'S Father: Obama Sent My Son To His Death

Subject: FW: Navy SEAL'S Father: Obama Sent My Son To His Death


FYI

The father of one of the 22 Navy SEALs killed in August 2011 when their Chinook helicopter was shot down by the Taliban in Afghanistan, told talk-host Michael Savage he believes the U.S. government sent his son and his colleagues to their deaths.

After Vice President Joe Biden revealed that SEAL Team 6 carried out the operation that killed Osama bin Laden in May 2011, Strange said the members of his son’s team gave startling indications to their families they were about to meet their demise.

Charles Strange, the father of slain SEAL Michael Strange, told Savage Wednesday night that in June 2011, on at least three separate occasions his son grabbed him by the bicep and announced that he had prepared his will.

The bewildered father finally was able to find out what it all meant.

Michael Strange, his father recalled, said, “Something’s going on with the team. Somebody’s leaking things out. Something’s going on.”

Savage, reacting with emotion, asked: “Your son knew he was being sent to his death?”
“They knew,” Strange replied. “They knew something was up. Every one of them.”


Other families of the victims have reported similar experiences with their sons the last time they saw them, Strange said.

Strange said documents related to the crash that he obtained show that, among other anomalies, the rescue team was held back.

“This was all planned,” he said. “I have it in the paperwork.”

Strange affirmed that there was no chase helicopter or any other kind of support for the team.

“So, you’re saying they planned to execute your son and the others on purpose?” Savage asked.

“One hundred percent, sir,” Strange replied.


-----Original Message-----
From: "Wanda Stewart"
Sent: Friday, July 26, 2013 11:03am
To: "Wanda Stewart"
Subject: Navy SEAL'S Father: Obama Sent My Son To His Death
Yep