Download and Distribute the PDF Leaflet of this StatementCapitol Hill sources have confirmed that Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke are demanding that Congress prepare emergency legislation for yet another hyperinflationary bailout of the hopelessly bankrupt trans-Atlantic financial system. For the past week, the two men have been meeting secretly with leading Congressional Democrats and Republicans, demanding that they draft new legislation to bailout the banks on an even larger scale than after the 2008 collapse. According to several congressional sources, Geithner and Bernanke have pledged that they will do everything in their power to flood European banks with bailout funds through the Federal Reserve, but they candidly admit that it may be impossible, and that congressional action may be required. If the crisis hits, they warn, there must be legislation already prepared, because the speed and magnitude of the crisis may require extraordinary intervention to "save the system." Lyndon LaRouche today denounced the Bernanke-Geithner efforts as "tantamount to treason." "The current Trans-Atlantic system cannot be saved" LaRouche warned. "The only option is the immediate reinstatement of the original Franklin Roosevelt Glass-Steagall Act. It must happen now!" LaRouche warned that, as of Thursday or Friday of this week, the entire European financial system will explode. "Either Germany will hold firm and refuse to surrender the last vestiges of national sovereignty, or Europe will go into a hyperinflationary breakdown. It all hangs on Germany." German Chancellor Angela Merkel is under pressure from a swarm of British and Wall Street agents - from Geithner and Bernanke to George Soros - to agree to a German bailout of the entire euro system. "The reality is that the gambling debts of the European and Wall Street banks can never be paid. The only option is an orderly cancellation of all those trillions of dollars of gambling debts by reinstating Glass-Steagall." Rep. Marcy Kaptur (D-OH) has introduced H.R. 1489 to reinstate Glass-Steagall and the bill now has 69 co-sponsors from both parties. Last week, LaRouchePAC exposed the fact that former Federal Reserve Chairman Paul Volcker has been mobilized, on behalf of Geithner and Bernanke, to sabotage the passage of Glass-Steagall. Now, Geithner and Bernanke are pushing for another even bigger taxpayers bailout of Wall Street and London's gambling debts. According to Capitol Hill sources, even Rep. Barney Frank (D-MA) rejected the Bernanke and Geithner demands! Lyndon LaRouche reiterated that the only option is Glass-Steagall. "Anyone who is not fighting for Glass-Steagall now is going to be judged a traitor to humanity. The only way to save the viable commercial banks is to end the bailouts and go back to Glass-Steagall. If Glass-Steagall is not passed into law now, we face the danger of total chaos, when the system comes crashing down. It could happen as early as the end of this week, as the European crisis reaches a break point." CALL YOUR FEDERAL REPRESENTATIVE AND TELL THEM: NO MORE BAILOUTS, RESTORE GLASS-STEAGALL Drake | August 2, 2012 at 2:09 pm | Categories: Uncategorized | URL: http://wp.me/s2tRr3-1122 |
Thursday, August 2, 2012
Geithner-Bernanke Leaflet Download
"Drone Nullification" Bill in Virginia
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Will The REAL James Holmes Please Stand Up ?
Subject: FW: Will The REAL James Holmes Please Stand Up ?
We need Jesse Ventura on this!!
Subject: Fw: Will The REAL James Holmes Please Stand Up ?
Date: Mon, 30 Jul 2012 21:06:58 -0500
Date: Mon, 30 Jul 2012 21:06:58 -0500
This is an E-Mail that I received this afternoon. There is a second one I received this morning that I will send after sending this one. Both of them relate to the shooting that happened in Aurora Colorado this past week. To me they are proof that much of what we are being told about the events that happened the terrible night are not correct. I do not believe these E-Mails are completely an accident, just put together by interested bystanders, but is an indication of what we are going to start to see unfold on this case. Prepare to be shocked at what you will see and read. I know nothing more than what I have seen here and like most of you, have heard on news reports. Please feel free to send this far and wide.
Sent: Monday, July 30, 2012 3:01 PM
To: undisclosed recipients:
Subject: Fw: Will The REAL James Holmes Please Stand Up ?
JohnWill The REAL James Holmes Please Stand Up?
7-28-12
7-28-12
FBI DIRECTOR ROBERT MUELLER
| http://www.fbi.gov/contact-us/field/ "Our local FBI offices are all about protecting YOUR communities." "The FBI has 56 field offices (also called divisions) centrally located in major metropolitan areas across the U.S. and Puerto Rico. They are the places where we carry out investigations, assess local and regional crime threats, and work closely with partners on cases and operations. Each field office is overseen by a special agent in charge, except our offices in Los Angeles, New York City, and Washington, D.C., which are headed by an assistant director in charge due to their large size. Within these field offices are a total of about 380 resident agencies located in smaller cities and towns. Resident agencies are managed by supervisory special agents." Well, with ALL of these law enforcement resources... Why is it the FBI can't figure this out: |
Are not these FBI (and ATF) Agents at the CSI in Aurora, Colorado?
| MISPRISION OF FELONY: United States Federal Law "Misprision of felony" is still an offense under United States federal law after being codified in 1909 under 18 U.S.C. 4: Whoever, having knowledge of the actual commission of a felony cognizable by a court of the United States, conceals and does not as soon as possible make known the same to some judge or other person in civil or military authority under the United States, shall be fined under this title or imprisoned not more than three years, or both.This offense, however, requires active concealment of a known felony rather than merely failing to report it. |
Is it not exceedingly clear that the alleged shooter who made his first court room appearance
is not the same "James Holmes" as depicted in earlier photos?
is not the same "James Holmes" as depicted in earlier photos?
Wouldn't that be the felony crime of Subornation of Perjury?
Subornation of perjury , in United States law, is the crime of persuading a person to commit perjury; [as in substitution of suspects?] and also describes the circumstance wherein an attorney causes or allows another party to lie. In American federal law, 18 U.S.C. § 1622 provides:
"Whoever procures another to commit any perjury is guilty of subornation of perjury,
and shall be fined under this title or imprisoned not more than five years, or both."
The condition of suborning perjury applies to an attorney at law who presents testimony (or an affidavit), either to judge or to a jury, that the attorney knows to be materially false, and not factual. In civil law and in criminal law, the attorney’s knowledge that the testimony is materially false must rise above mere suspicion to what an attorney would reasonably have believed in the circumstances of the matter discussed in the testimony. Hence, the attorney cannot be wilfully blind to the fact that his or her witness is giving false, perjurious testimony.
Moreover, an attorney who actively encourages a witness to give false testimony is suborning perjury, which is a crime punished with formal disciplinary action, disbarment, or jail. Likewise, a false statement by an attorney in court also is a crime similar to subornation of perjury, and is punished accordingly. Hence, in the professional conduct of an attorney at law, there is a fine delineation between assisting a witness to recall occurred events and encouraging him or her to give materially false testimony. The practice of “horse shedding the witness” (rehearsing testimony) is an example of such perjurious criminal conduct, which is depicted in the true-crime novel Anatomy of a Murder (1958), by Robert Traver, and the eponymous film (Otto Preminger, 1959), about a rape-and-murder case wherein are explored the ethical and legal problems inherent to the subornation of perjury.
OK FBI... LET'S GET ON IT
SOMEONE IS LYING...
SOMEONE IS LYING...
All writings by members of AbundantHope are copyrighted by
©2005-2012 AbundantHope - All rights reserved
©2005-2012 AbundantHope - All rights reserved
Temporary Locks on all Grid Points is Now in Effect
Temporary Locks on all Grid Points is Now in Effect
Flow of Celestial Incoming Energies is currently requiring a locking (more accurately a strong restriction in movement) of grid intersect points in the Containment Dome around Planet Gaia-Eriu.
Restrictions are to be removed when consciousness resolutions among Light Groups are finished. No time frame is being set for this, however the week of July 27 is the finish.
Restrictions enable completion of Gaia Eriu karmic patterns without outside influence of Higher Energetic input.
This was a Very Confusing One from Gaia Portal, and We would Like to Add a Commentary, as Well. The Flow cannot be halted or restricted in any way this is truly impossible. Once Energy is In Motion, Its In Motion. It cannot be locked or controlled. Now, we do have Lightworker Groups Out there who are still refusing to SEE The Truth which is right there in front on them, and they are in resistance. So, this We feel is what she was describing. All Karma is being dissolved, and in Truth all ready has. All which Exists is this Present Moment Of NOW, and those Ready Are Moving UP. Love Mother and Father God and The Earth AlliesTime for a really big Wake up NOW!
Time for a really big Wake up NOW!
02 August 2012
And to also write some observations that I feel have made this
time a very confusing one for myself and many others.
First of all I would like to say that I felt well prepared as far as my awakening to be able to proceed through this time. I spent much time listening to Ian Lungold and hearing him speak about the changes we could expect from 2008 until this year 2012. And then he left the physical realm quite unexpectedly at the height of all of this. I remember him saying that those of us who were awake would have an easy time navigating through all of the changes that were to come. And this gave me much hope and reassurance, that I would be successful in completing this journey in ascending with humanity and the planet.
Well....easier said than done. As what Ian failed to mention or
most probably had no idea about was the extent to which the dark forces would be able to create a time-line loop in the year of 2008 that would appear to circumvent the nice and neat view of the predictions that the Mayan calender was saying would happen in each of the last of the nine waves. And I really must admit that these last years seem to have been a much bigger challenge for me than any of the asleep and unaware people that surround me in my life circles.
I remember being on such a high for a few years because I thought that my being here and knowing what I know would help so many people. I am a long distance vibrational healer, so I was looking forward to all of the people that I could help to heal and also wake up and be somewhat of a guiding light to. But the last years since 2008, all of the dreams that I had began to fall apart. Leaving me, and many of us, looking like the fool on the hill which certainly no one in their “right mind” would listen to. Oh my, what a surprise!
Well I managed to stick to my convictions, and set up a long distance healing practice, healing the subtle bodies, removing implants, cords and attachments. And also doing what ever came to mind that needed doing on the planet, with removing thought forms, negative energies and balancing energies all around the world.
And because I chose to do all of this for free (taking only donations) I have basically ended up homeless, losing everything in the material sense, including all of my animals who meant so much to me.
I am not writing this to complain about what has happened, but to preface something that is an observation I have. And that is to say that the awakened group of starseeds on the planet are in all sorts of different sets of circumstances. Some have been able to situate themselves in quite lovely settings with a much nicer “View” of the world around them from which to watch this whole scenario. Others are in the middle, living as best they can within the system, with one foot in each of the worlds. And then there is another group who was willing or forced to leave the 3D construct behind and “hang on” and I mean “haaaaannnnggg onnnnn” holding on by only their bare wits until something happens, because they could not bear to play the game of the system any longer.
And these ones who have been hanging on for dear life are in
much pain in watching this whole painstaking long and tedious
process unfold which has taken so much longer than of us
thought or imagined. I mean we knew (or thought) of course
that 2012 would be the deadline, and now it seems as though
some are hedging that date as well. Really, though I do not
think that any of us could have imagined that the TRUTH
could be held back all of this time.
And as we have all been working, watching and waiting, we
have also become the ones that our families “move to the other end of the bench from” now so as to distance themselves from getting cooties from all of the crazy ideas we seem to believe in.
I am darn frustrated with all of this and as our “Guest” was saying that he really needed some sort of sign that “something” and I say “anything” is going to happen.
Anyone reading this wanting to respond, I would like to know where you are in the three positions that I catagorize here above.
Or are you behind door number 3 – (which really has no door) which has left you living on the edge of all of existence, not knowing how the heck you will make it just to stay sane and alive while watching everyone around you continues to be happy viewing inane television shows, chowing down the chips and living their mind controlled lives, going to work, paying taxes completely ignorant of anything beyond their material lives caring for nothing about the lives of others animals and
our dear planet Earth?
I mean this really has been torture watching this for the past years, hoping that "anything" would happen!
I say it is time for a really big wake up NOW!
(please write door number 1, 2 or 3 at the beginning of your responses)
Are you behind door number 1 – nicely situated in some beautiful spot on the planet?
Are you behind door number 2 – able to hold some assemblage of “normalcy through this time? A successful straddler.
http://soundofheart.org/galacticfreepress/content/time-really-big-wake-now
OBAMA PLANNING MILITARY TAKEOVER IN OCTOBER, 2012. NO NATIONAL ELECTION IF OBAMA HAS HIS WAY! I HAVE MOLES WHO REPORT TO ME! From Erasmus of America,
I have a very sharp military intelligence mole who reports to me, not one else. I also have other very sharp sources. Obama is an utter political fanatic in the White House. We have mass graves dug all over America for the planned killing of millions of the Middle Class of America. We have had a large number of guillotines that have been shipped to America. Chopping off of heads is the Islamic way of killing off your enemies. We have secret federal concentration camps set up all across America. C.I.A. and other intelligence sources are supposed to help engineer terrible economic conditions in America for October to help stir up the people to mass discontent, rioting in the streets, etc. and this gives Obama the legal excuse to place America under martial law. Foreign soldiers are already arranged for to help mass disarm the American people of all their guns. Homeland Security for example has already been notified to prepare for massive uprisings in America in October. Why would this warning be given to Homeland Security if something big was not already planned to cause this mass uprising in America? Obama has been secretly sabotaging a worldwide currency realignment that would help improve the American economy, economy of Europe, etc. Part of the secret Obama strategy is keep the people tricked by Washington propaganda while the real economy gets weaker and weaker. Obama already had access to enough money to potentially pay off the national debt and this money instead disappeared to keep the American economy weak. By the way, the money went to the secret wealthy backers of Obama who helped put him in the White House. Also, the Federal Reserve is supposed to carry out secret trick tactics to help crash the American economy. What they want is for the American people to explode in the streets due to lack of food, money, etc. and they claim this as their excuse for the mass seizure of America through declared martial law. Police elements across America are being organized like the Gestapo for the intended crushing of the American people when the engineered riots on the streets, etc. are created by those working for Obama. The Illuminati took over Czarist Russia by arranging that food shipments over the Siberian rail service got stopped and then blamed the Czar for this food shortage in St. Petersburg, Russia, etc. The Communists heavily financed then seized control of Russia having tricked the Russian people against the Czar of Russia who knew nothing of this international conspiracy against him by elements from Wash., D.C., New York City, and part of Europe. They plan to seize control of America like they earlier did in Czarist Russia. They think the same tactics should work again in history. The Communists are in secret control of Wash., D.C. now and planning to shortly seize national power by tricking the American people.Obama wants to start one or more new wars to distract the American people while his forces prepare to seize control of America.
I invite the U.S. Congress to investigate these charges. I will present witnesses, legal evidence, etc. and then ask for arrest warrants for high treason for Obama and all those in the federal government working with him for the planned Communist takeover of America through Wash., D.C. I will ask for the death sentence for those in this conspiracy who knew what they were really doing. Some in the military have been tricked and don't yet know why they are being organized to totally crush the American people once ordered to by Obama.
I spent eleven calendar years in military academies and have a heavy background in military intelligence. I know shrewd ways to stop this would-be military takeover of America aimed for in October, 2012. Pass this report all over the internet so all Americans see it. Demand Congress investigate my charges as to be true or false. Of course, Congress corrupt and disloyal as all hell is not going to investigate these charges. Between the corrupt and cowardly in Congress, few are left who are really on the side of the American people. Put Obama on the spot and have him asked to appoint Ron Paul as the military regent over internal military affairs of America until the national election is over and a new President put in the White House. Ron Paul is to have total powers of authority and investigation over all branches of government involved with the internal security of America civilian and military. I will be glad to coach Ron Paul on where to investigate and watch like a hawk their actions with him having the authority to fire them instantly from government if required. And turn them over to criminal prosecution for planned high treason. If found guilty, then executed by firing squad or hanging. When involved traitors in Wash., D.C. see this report, they are going to get scared fast. And many are going to want to get away from Obama suddenly like he just acquired Bubonic Plague. Obama is also to be investigated over this conspiracy to overthrow the U.S. Constitution and put America under an intended lifetime dictatorship under Obama. Also, whether he could legally run for President or else he conned the daylights out of the American people not even being a U.S. citizen. Out of his own recorded words, I can show that he said he was not born an American, but a citizen of Kenya.
If Ron Paul does not want this temporary post, with reluctance I will agree to accept this post just long enough so this intended military takeover of America by Obama is blocked. Then I quit. I consider Wash., D.C. about as enjoyable to be involved with politically as swimming in a cesspool and claiming how wonderful it is to swim in the political cesspool of Wash., D.C. If Obama does not agree to legally set up this position which I really anticipate he would put on airs of righteousness that he would never do such a thing as I charge, then Congress should promptly vote for and authorize this proposed position immediately and stripping Obama immediately of any legal authority over the internal security of America whether civil or military. I am a deadly boy in military intelligence. I suggest the elements in Wash., D.C. in conspiracy quick quit Obama's conspiracy and then pretend you are innocent and hope to God I don't catch you and hang you once I get the legal proof on you. For military reasons, political reasons, and legal reasons, this is the correct way you break the Obama conspiracy to soon kill off or otherwise eliminate basically the entire Middle Class of America.
All you American people copy and paste this report in emails so all American soon see this. Massive sunlight is a good antidote to a very deadly conspiracy of high treason now going on in Ameica. Also, if you don't drag your heels and fast push my Omni Law to create 10 civil tribunes to act as a legal oversight committee over Wash., D.C., once passed, the Omni Law will stop this conspiracy of high treason of Obama the moment it is passed. I will be one of the ten appointed civil tribunes of America by its terms and once I am one of the ten and I am confident the others will totally back this, we will go after Obama and his co-conspirators and they will break out in cold sweat whether we get the legal evidence and witnesses to order their arrest for high treason and put them on trial for their lives. The 10 civil tribunes under Roman law were the legal sword of the people ruled by the Roman Republic and made sure that things like Obama never happened to their Roman Republic. The civil tribunes had to be undermined and then disappear before the citizens of Rome could lose their freedom and prosperity which lasted for centuries under the protectionship of the civil tribunes of Rome. James Madison, father of the U.S. Constitution, praised the Roman people for their brilliant idea in creating these 10 civil tribunes of Rome. It is smart to use what worked so brilliantly before in history. The Omni Law is a modernized American version of the 10 civil tribune law of Rome which kept Rome free and prosperous for several centuries until finally overthrow by the corrupt of Rome who did not want such an honest government for Rome. You can look in the google search engine under Erasmus of America - Omni Law for many listings for the proposed Omni Law I wrote up. I knew the lawyer tricks and made sure the law was written for the American people, not the corrupt of America who hire lawyers to use their legal tricks to make Washington law corrupt in America and working for them rather than the American people. You can look up the Omni Law in the Nesara News in their archive listing for May, June, and July as well as other reports of mine they posted nationally. Or send an email requesting a copy of the Omni Law from fastboomamericaneconomy@gmail.com Financial support for this Omni Law movement is welcome. Send checks made out to NIFI to NIFI, P.O. Box 1465, Seneca, SC 29679 which is used just as a clearing house for finances and bookkeeping service for this movement. I treat these finances received as loans, not outright gifts. And in reports of mine, tell how if the Omni Law is passed, the loan principle should be repaid and two programs how I intend to financially reward those who were patriots of America and give them financial blessings they will be very happy with. By the way, any legal sources wanting to pick a fight with in any way with this movement to try and interfere with it, I am sharp at law. To try to interfere with this makes you a legal accessory to high treason in America. Also, President Ronald Reagan signed the Genocide Treaty into national law. The American statute law version of it is the Proxmire Act where you can go to prison for life if found guilty of conspiracy of genocide against the American people which Obama definitely is guilty of at this stage. If tried internationally, then you can be executed under international law. Want to push your luck in law with the high treason aggressively being engaged in by Obama now? I do not call Obama President. He is not an American citizen, but was born a British subject or citizen in Kenya as he admitted himself in a recorded session in 2006. As he said, he was not born in Hawaii but in Kenya. Also, corrupt as Congress and the U.S. Justice Dept. are right now, the U.S. Constitution which you despise still states that Obama has to be a natural born citizen meaning both of his parents were American citizens. This was written in by James Madison, etc. so no person of divided loyalties between two nations could become President of America. I suggest that Obama withdraw from the race and I will pass from being the prosecutor that delivers all the legal evidence proving his already practiced and intended future execution of high treason against the American people. Obama does not know how much I may actually know about him including the murders he ordered of American citizens. Obama, time to quit while you are still ahead and not prosecuted for high treason. Or we could call you a foreign agent engaged to kill off millions of Americans with which we can just as easily execute you with under law. Time to quit Obama and let the Vice President become President as happened when Richard Nixon resigned as President. I think it is getting too hot for you to push your luck any further! Yours for God and Country, Erasmus of America (pen name for a military intelligence super ace who is too honest and cannot be bought off or else intimidated by threats. I am an alley cat fighter by nature and love to turn the tables on would-be bullies who hate the American people and want to do great harm to them!)
GUESS WHO is Moving from Wisconsin
The Rumor Mill News Reading Room
Reader: GUESS WHO is Moving from Wisconsin
Posted By: Susoni [Send E-Mail]
Date: Thursday, 2-Aug-2012 14:46:42
Date: Thursday, 2-Aug-2012 14:46:42
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On Green Light, The Event, and Drake BY THE GOLDEN RULE 29 June 2012
Sent: Friday, June 29, 2012 7:29 PM
On Green Light, The Event, and Drake BY THE GOLDEN RULE 29 June 2012
On Green Light, The Event, and Drake
29 June 2012
I was having a bit of writer’s block yesterday, actually going so far as to do a 15 minute audio recording last night that I ended up not liking. Fact is, the information seems to be coming so fast now I am just having a delay in processing time as I digest the news. Everyone seems to feel an acceleration, a quickening of events so it’s important to step back and fit the puzzle pieces together. Some call this the “big picture,” and we’ve been hearing some lofty claims of very positive shifts happening…SOON. Turns out I posted an article in haste which has so many gold nuggets buried, it took a day for them to shine through.
At the bottom of this post, Drake has posted a new note regarding theGREENLIGHT he issued which has been discussed since he began giving broadcasts. This was given officially around 8:20 EST Wednesday night, and is posted at his blog American National Militia. Before you read it though, try and keep these key points in mind, as I think they must be telling us something critical.
It’s the economy, silly!
Yesterday I posted an article from Reuters which has been mentioned in many places but didn’t receive quite the attention I thought it should, especially for all those “aware” of the mass arrest scenario. If you haven’t read this article, take 20 minutes and really read it over carefully. It took me 2 or 3 read overs to fully grasp the immensity of what it was suggesting;
The article, entitled “Big banks craft ‘living wills’ in case they fail,” dives right into it immediately:
Five of the biggest banks in the United States are putting finishing touches on plans for going out of business as part of government-mandated contingency planning that could push them to untangle their complex operations.
The plans, known as living wills, are due to regulators no later thanJuly 1 under provisions of the Dodd-Frank financial reform lawdesigned to end too-big-to-fail bailouts by the government. The living wills could be as long as 4,000 pages
Did I hear that right? End too-big-to-fail bailouts by the government? They continue…
Since the law allows regulators to go so far as to order a bank to divest subsidiaries if it cannot plan an orderly resolution in bankruptcy, the deadline is pushing even healthy institutions to start a multi-year process to untangle their complex global operations, according to industry consultants.
“The resolution process is now going to be part of the cost-benefit analysis on where banks will do business,” said Dan Ryan, leader of the financial services regulatory practice at PricewaterhouseCoopers in New York. “The complexity of the organizations will shrink.“
For those scared of the world bank and the international corporate banking institutions – well – we’ve already had that haven’t we? This is what we want to deconstruct. That’s been the mechanism so far, and here it is in mainstream news that there is some kind of July 1 Deadline, whereby a 4,000 page document is being tendered to shrink the complexity of these organizations. Follow me?
But wait, there’s more…
JPMorgan Chase & Co (JPM.N), Bank of America Corp (BAC.N), Citigroup Inc (C.N), Goldman Sachs & Co (GS.N) and Morgan Stanley (MS.N) are among those submitting the first liquidation scenarios to regulators at the Federal Reserve and the Federal Deposit Insurance Corp, according to people familiar with the matter.
The five firms, which declined to discuss their plans for this story, have some of the biggest balance sheets, trading desks and derivatives portfolios of financial institutions in the United States.
This is a stunning statement! The biggest banks on the planet are the first to submit 4,000 page plans for liquidation scenarios but declined to comment on them! Why isn’t CNN, FOX, or MSNBC going crazy over this? I believe Drake said in his broadcast that things will get so immense, “they won’t have a choice.” Alex Jones, Gerald Celente and many others have covered the derivatives mess for years. When it comes to financial tyranny, derivatives are THE WEAPON OF CHOICE for enslavement and takeover – also known as the housing bubble and foreclosure crisis, IMF bank loans et al. Yet in this one article this seems to be addressed:
If the extensive planning and review process works as proponents hope, big banks will become less hazardous to the public and regulators will be more confident that they can let wounded institutions die without wrecking the economy.
In congressional hearings earlier this month, JPMorgan CEO Jamie Dimon said that the bank’s contingency plan for going out of business would let it fail without cost to taxpayers.
Skip to 5:40 for the quote
I’m no fan of JP Morgan and certainly not Jamie Dimon, but this is a stark contrast to what we heard from similar figureheads in 2008…
The tune has changed. The tables, turned.
PLAN FOR TWO WAYS TO DIE
Under the Dodd-Frank Act, banks and regulators must imagine liquidations in two different ways. The first is through bankruptcy courts with banks negotiating with their creditors. This is the going-out-of-business method planned in the living wills due July 1. The living wills must include how subsidiaries inforeign jurisdictions will be liquidated.
These gems keep shining through and help corroborate a lot of what Drake has been saying. More specifically, he has said they will be seizing control of the collateral accounts which are the basis upon which the whole fiat debt system has been propagated. These accounts, which are specifically addressed in the Neil Keenan lawsuit are amounts of historic Gold and other “prosperity funds” that were stolen from we the people, and Reuters makes mention of it right here in black and white!
The second way is through a new kind of liquidation process in which the FDIC takes control of putting a financial giant down. This method has more flexibility than is allowed in bankruptcy courts, but still uses critical information collected in the banks’ living wills, such as where exactly to find collateral.
One of the other key points in “the plan” as I understand it, is that eventually the top of the pyramid would actually step forward and announce who they are, a la Nuremberg trials or as Ben Fulford puts it, a “truth and reconciliation committee” in a semi-televised manner. Again, Reuters reports:
The rules for crafting the living wills are 74 pages long, including an explanatory supplement. The plans could even include drafts of press releases showing how the banks would announce that they are going out of business, Herring said.
Bearing all this in mind, there are so many other key economic bullet points which indicate a very bumpy next few days.
Recently Lord Christopher Monckton reported that the G20 meeting in Rio de Janeiro was focused not on humanitarian efforts, but instead how they will go about clamping down the entire planet. This tiny group of people are struggling to maintain their suppression of a growing and rapidly awakening humanity. Watch Monckton break it down below:
In no less dramatic fashion, Lyndon Larouche released an audio blog on June 26, entitled “Our Enemies Could End Civilization This Weekend.” Give it a listen or continue on below for my comments.
Yes, he was referring to June 28-July 1, 2012.
to watch the video http://golden-rule.org/2012/06/29/on-green-light-the-event-and-drake/
Larouche has long been a proponent of reinstating Glass-Steagall which is specifically referenced in the aforementioned Reuters article. This rule was the original safety mechanism which prevented the banks from becoming gambling houses, as they have become in recent years. LaRouche writes and speaks of this particular rule as a way to sever the US monetary system from the private foreign central banking system and re-establish a national credit system. Yet again, Reuters reports that these regulations would take ques from this exact rule!
Larouche has long been a proponent of reinstating Glass-Steagall which is specifically referenced in the aforementioned Reuters article. This rule was the original safety mechanism which prevented the banks from becoming gambling houses, as they have become in recent years. LaRouche writes and speaks of this particular rule as a way to sever the US monetary system from the private foreign central banking system and re-establish a national credit system. Yet again, Reuters reports that these regulations would take ques from this exact rule!
Lyndon has some pretty strong things to say about what might be a crummy weekend, even going so far as to say “stock up on toilet paper” and cites the imminent plans between Geithner and Bernanke to seek additional printing of money to bail out Europe. This would come in the form of a long predicted stimulus program called Quantitative Easing 3 or QE3. His report is detailed here. This program has been LOUDLY anticipated by a whole host of extremely well respected analysts including Peter Schiff, Jim Sinclair, James Turk, Eric Sprott and others. This “stimulus” is the only facility available to provide the funds necessary to prop up the Eurozone. This was always the plan! Destroy Europe, and have Americans pay for it.
Geithner and Bernanke Demand New Mega-Bailout of Europe:
Capitol Hill sources have confirmed that Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke are demanding that Congress prepare emergency legislation for yet another hyperinflationary bailout of the hopelessly bankrupt trans-Atlantic financial system. For the past week, the two men have been meeting secretly with leading Congressional Democrats and Republicans, demanding that they draft new legislation to bailout the banks on an even larger scale than after the 2008 collapse.
What’s Next for the Dollar? QE3?
According to several congressional sources, Geithner and Bernanke have pledged that they will do everything in their power to flood European banks with bailout funds through the Federal Reserve, but they candidly admit that it may be impossible, and that congressional action may be required. If the crisis hits, they warn, there must be legislation already prepared, because the speed and magnitude of the crisis may require extraordinary intervention to “save the system.”Continue Reading…
Last and not least – on April 22, 2012 Forbes reported China would begin purchasing oil from Iran in gold on June 28, 2012 bringing a de facto endto the US Dollar as the world’s reserve currency. In response, world renowned Gold analyst Jim Sinclair stated:
Dear CIGAs,
The implications of China paying for Iranian oil in gold is the most important event in the modern history of gold
1. It is reasonable to assume that China has been threatened with total or at least selective exclusion from the SWIFT system if it pays in any currency for Iranian oil.
2. Gold has been decided by China as the means of making payment for massive international purchases free of the SWIFT system.
3. Other Asian and Middle Eastern nations will now see the gold they hold as money free of Western economic interference.
4. Gold now is not only money free of liability, but also free from interference regarding settlement by the long arm of Western influence.
5. The SWIFT system is becoming ever more a weapon of Western international political will.
6. In case of war anywhere, it is now demonstrated for all to see that only gold will buy the materials required. Paper currencies are under the SWIFT system’s control in settlement.
7. Far from being a barbaric relic, gold is now clearly the money of state survival in every sense.
8. It is reasonable and possible for the supply of physical gold to fall far behind the size of the massive short positions now common to algorithm and hedge fund paper shorts. That will make an effective cover at a reasonable price as compared to a certain day’s close impossible the following day on an exogenous event.
9. It may not be possible to use TA of any nature to determine a price of overvaluation for gold. Should the USA decide to take on China in full out economic war with the physical market totally illiquid, such as through isolation from the SWIFT system, consider the gold price that might result.
Make up your own mind.
All I know is that the anticipation in the air is so thick you could nearly cut it with a butter knife. Whether you are fully conscious or still very much asleep, a momentous point in time is now undeniable for the majority of people. Ultimately 2012 will be about finding your own individual truth amidst peaceably fitting it in with the collective. Then, we can co-create as one…
With that said, a Native American proverb seems apropo;
“It takes 1,000 voices to tell a single story.”
Stunning Crimes of the Big Banks: Worse than Your Wildest Imagination
The Rumor Mill News Reading Room
CGI's BillsBest: Stunning Crimes of the Big Banks: Worse than Your Wildest Imagination
Posted By: CGI_admin [Send E-Mail]
Date: Thursday, 2-Aug-2012 14:29:47
Date: Thursday, 2-Aug-2012 14:29:47
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Obama's Body Count
August 2, 2012
Obama's Body Count
Barack Obama and Hillary Clinton feel that Osama bin Laden's death and the drone attacks show that they have mastered national security and foreign policy. They are wrong.
Counting bodies and sorties proves little. As Einstein said, "[n]ot everything that counts can be counted, and not everything that can be counted counts."
President Obama's term in office has left entire regions where U.S. influence has waned and U.S. interests have been defeated. Thousands protested in the Islamic world, seeking "Hope and Change," but found that it was only a cynical slogan. Millions now wonder: does America remember what it means to be "the leader of the free world"?
Obama sent an ambassador to Syria -- over Congress's express objection. Bashar Assad began slaughtering 20,000 of his people. Obama did nothing about the bloody repression in Iran, but he did help oust a far less despotic regime in Egypt, ushering in the Muslim Brotherhood -- the organization that spawned Hamas and al-Qaeda. Now Obama-Clinton pretend that the Muslim Brothers are moderates.
Secretary Clinton is often struck dumb by Arab-Islamic extremism. In 1999, she hugged Suha Arafat, wife of the PLO leader. Arafat said (in Clinton's presence) that Israel used poison gas on Arabs and poisoned their wells. Clinton was silent. Clinton, who hugged Arafat, now embraces Obama's bashing of Israel.
When an Israeli judge found that Israelis have a right to build on land bought in the West Bank, the State Department said all Israeli settlements were "illegitimate" -- a term Obama likes.
Clinton kept quiet when Egypt's Islamist foreign minister declared, in a joint press conference, that keeping the peace treaty with Israel was contingent on Israel getting out of the West Bank entirely. Clinton acquiesced when Islamist Turkey banned Israel from taking part in NATO exercises and top counter-terror forums.
Turkey helps Hamas. Israel is the world's greatest foe of terror. Clinton helps Turkey.
Clinton's sad performance is not limited to the Mid-East. She led a "reset" in ties with Russia that is now a fiasco. She unveiled a huge button ostensibly labeled "reset" in Russian but actually reading "overcharge" -- an apt depiction of the failure of U.S.-Russian ties and the Obama-Clinton foreign policy in general.
There was no reset. Russia's leaders returned to brutal autocracy, invading Georgia, threatening Ukraine and Poland, assassinating political foes, and opposing the U.S. wherever possible. But Obama-Clinton think they can charm Russia into moderation.
Obama put his arm around Dmitri Medvedev -- the puppet of Russian chief Vladimir Putin -- and confided that, after the inconvenient U.S. elections, he (Obama) would be "flexible" about Russian demands.
Obama's first major foreign venture was to Islamist Turkey, whose leader, Recep Erdoğan, dreams of leading a caliphate (like Egypt's leader Muhammad Morsi). Obama thinks Turkey's Erdoğan is a "moderate" and might mediate between the U.S. and Iran. For America's most pro-Islam president ever, this makes sense. Both Erdoğan and the ayatollahs share the dream of leading a new Islamic caliphate.
This is but a small sample of Obama-Clinton foreign policy failures. The list of successes has only bin Laden on it, and Obama should paraphrase what he just said about success: "you didn't do that by yourself" and "somebody helped you."
Obama's biggest terror test is yet to come: dealing with a terror state that wants to be a nuclear power -- Iran. During this testing period, Obama will listen to his "inner voice," his closest advisor, Valerie Jarrett, who speaks Farsi and was born in Iran.
Jarrett has also been Obama's emissary to U.S. Muslims, many of them rich Iranian donors. The day after the Iranian-aided terror attack on Israelis in Bulgaria, the White House hosted a day-long conclave with Iranian-Americans, including the leader of the National Iranian-American Council (NIAC), who said Israel invited the terror attack in order to have an excuse to attack Iran. Ms. Jarrett was featured at the event.
Later, perhaps coincidentally, The New York Times reported that a senior Obama official said the Iranian terror attack was "in retaliation for the assassinations of Iranian nuclear scientists, for which Iran has blamed Israeli agents." The Times report again quoted the senior Obama official saying, "This was tit for tat."
In other words, the day after an Iranian terror attack, the White House hosted pro-Iranian groups, and a senior U.S. official adopted the Iranian narrative: "tit for tat."
As President Obama wonders what to do or -- more likely -- not to do about Iran, it is good that he has both the ear and the inner voice of Iran. As they say in Farsi, "o-ba-mah": "He is with us."
Dr. Michael Widlanski, an expert on Arab politics and communications, is the author of Battle for Our Minds: Western Elites and the Terror Threat, published by Threshold/Simon and Schuster. He was strategic affairs advisor in Israel's Ministry of Public Security and teaches at Bar Ilan University.
President Obama's term in office has left entire regions where U.S. influence has waned and U.S. interests have been defeated. Thousands protested in the Islamic world, seeking "Hope and Change," but found that it was only a cynical slogan. Millions now wonder: does America remember what it means to be "the leader of the free world"?
Obama sent an ambassador to Syria -- over Congress's express objection. Bashar Assad began slaughtering 20,000 of his people. Obama did nothing about the bloody repression in Iran, but he did help oust a far less despotic regime in Egypt, ushering in the Muslim Brotherhood -- the organization that spawned Hamas and al-Qaeda. Now Obama-Clinton pretend that the Muslim Brothers are moderates.
Secretary Clinton is often struck dumb by Arab-Islamic extremism. In 1999, she hugged Suha Arafat, wife of the PLO leader. Arafat said (in Clinton's presence) that Israel used poison gas on Arabs and poisoned their wells. Clinton was silent. Clinton, who hugged Arafat, now embraces Obama's bashing of Israel.
When an Israeli judge found that Israelis have a right to build on land bought in the West Bank, the State Department said all Israeli settlements were "illegitimate" -- a term Obama likes.
Clinton kept quiet when Egypt's Islamist foreign minister declared, in a joint press conference, that keeping the peace treaty with Israel was contingent on Israel getting out of the West Bank entirely. Clinton acquiesced when Islamist Turkey banned Israel from taking part in NATO exercises and top counter-terror forums.
Turkey helps Hamas. Israel is the world's greatest foe of terror. Clinton helps Turkey.
Clinton's sad performance is not limited to the Mid-East. She led a "reset" in ties with Russia that is now a fiasco. She unveiled a huge button ostensibly labeled "reset" in Russian but actually reading "overcharge" -- an apt depiction of the failure of U.S.-Russian ties and the Obama-Clinton foreign policy in general.
There was no reset. Russia's leaders returned to brutal autocracy, invading Georgia, threatening Ukraine and Poland, assassinating political foes, and opposing the U.S. wherever possible. But Obama-Clinton think they can charm Russia into moderation.
Obama put his arm around Dmitri Medvedev -- the puppet of Russian chief Vladimir Putin -- and confided that, after the inconvenient U.S. elections, he (Obama) would be "flexible" about Russian demands.
Obama's first major foreign venture was to Islamist Turkey, whose leader, Recep Erdoğan, dreams of leading a caliphate (like Egypt's leader Muhammad Morsi). Obama thinks Turkey's Erdoğan is a "moderate" and might mediate between the U.S. and Iran. For America's most pro-Islam president ever, this makes sense. Both Erdoğan and the ayatollahs share the dream of leading a new Islamic caliphate.
This is but a small sample of Obama-Clinton foreign policy failures. The list of successes has only bin Laden on it, and Obama should paraphrase what he just said about success: "you didn't do that by yourself" and "somebody helped you."
Obama's biggest terror test is yet to come: dealing with a terror state that wants to be a nuclear power -- Iran. During this testing period, Obama will listen to his "inner voice," his closest advisor, Valerie Jarrett, who speaks Farsi and was born in Iran.
Jarrett has also been Obama's emissary to U.S. Muslims, many of them rich Iranian donors. The day after the Iranian-aided terror attack on Israelis in Bulgaria, the White House hosted a day-long conclave with Iranian-Americans, including the leader of the National Iranian-American Council (NIAC), who said Israel invited the terror attack in order to have an excuse to attack Iran. Ms. Jarrett was featured at the event.
Later, perhaps coincidentally, The New York Times reported that a senior Obama official said the Iranian terror attack was "in retaliation for the assassinations of Iranian nuclear scientists, for which Iran has blamed Israeli agents." The Times report again quoted the senior Obama official saying, "This was tit for tat."
In other words, the day after an Iranian terror attack, the White House hosted pro-Iranian groups, and a senior U.S. official adopted the Iranian narrative: "tit for tat."
As President Obama wonders what to do or -- more likely -- not to do about Iran, it is good that he has both the ear and the inner voice of Iran. As they say in Farsi, "o-ba-mah": "He is with us."
Dr. Michael Widlanski, an expert on Arab politics and communications, is the author of Battle for Our Minds: Western Elites and the Terror Threat, published by Threshold/Simon and Schuster. He was strategic affairs advisor in Israel's Ministry of Public Security and teaches at Bar Ilan University.
Investigators Are Closing In On Two Other Banks Involved In LIBOR Rigging
Investigators Are Closing In On Two Other Banks Involved In LIBOR Rigging
July 28, 2012
Source: Reuters
New details from court documents and sources close to the Libor scandal investigation suggest that groups of traders working at three major European banks were heavily involved in rigging global benchmark interest rates.
Some of those traders, including one who used to work at Barclays Plc in New York, still have senior positions on Wall Street trading desks.
Until now, most of the attention has involved traders at Barclays, which last month reached a $453 million settlement with U.S. and UK authorities for its role in the manipulation of rates. Now, it is becoming clear that traders from at least two other banks – UK-based Royal Bank of Scotland Group Plc and Switzerland’s UBS AG – played a central role.
Between them, the three banks employed more than a dozen traders who sought to influence rates in either dollar, euro or yen rates. Some of the traders who are being probed have worked for several banks under scrutiny, raising the possibility that the rate fixing became more ingrained as traders changed jobs.
Full story here.
New details from court documents and sources close to the Libor scandal investigation suggest that groups of traders working at three major European banks were heavily involved in rigging global benchmark interest rates.
Some of those traders, including one who used to work at Barclays Plc in New York, still have senior positions on Wall Street trading desks.
Until now, most of the attention has involved traders at Barclays, which last month reached a $453 million settlement with U.S. and UK authorities for its role in the manipulation of rates. Now, it is becoming clear that traders from at least two other banks – UK-based Royal Bank of Scotland Group Plc and Switzerland’s UBS AG – played a central role.
Between them, the three banks employed more than a dozen traders who sought to influence rates in either dollar, euro or yen rates. Some of the traders who are being probed have worked for several banks under scrutiny, raising the possibility that the rate fixing became more ingrained as traders changed jobs.
Full story here.
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