The MF Global heist: Trust has been destroyed in the markets

Ann Barnhardt: The Entire Futures/Options Market Has Been Destroyed by the MF Global Collapse

“Was the collapse of MF Global an accident or the calculated move of a political insider? Ann passionately lays the whole scheme bare, explaining the massive implications this has for our legal and financial systems, not to mention how investors should prepare in the face of systemic corruption.”

http://www.financialsense.com/financial-sense-newshour/guest-expert/2011/12/01/ann-barnhardt/entire-futures-options-market-destroyed-by-mf-global-collapse

Propagandists Scramble to Censor Wall Street ties to Russian Protests

“As the evidence begins to mount pointing the accusing finger at the increasingly illegitimate corporate-financier occupiers of the West’s governments as having built up Russian opposition movements and being behind the current unrest filling Russia’s streets, the corporate media has already started to rewrite events as they unfold”

http://www.infowars.com/wall-street-propagandists-scramble-to-cover-us-ties-to-russian-protesters/

Whatever you think about Russia and Putin, do you think they are so clueless as to miss the wall street manipulations here?  Would you not consider it an act of war for Russia to attempt to overthrow the US government through subversion?  Of course there are good reasons for people to take to the streets (in both countries, I might add) but it’s naive to think that the behind the scenes connections being forged between wall street and the russian dissident leadership will evaporate when their claimed objectives are achieved.

But in any case, the US government has already been overthrown, though not by Russia.

Army Posts Job for Civilian “Internment Specialist”

“Following our report on December 6 documenting KBR’s outfitting of FEMA internment camps in the United States, Business Insider posted an article entitled The US Army Now Offers A Prison Guard Specialty Securing ‘Civilian Detainees.’ “Every soldier that enlists in the Army chooses a Military Occupational Specialty (MOS),” writes Robert Johnson. “Designated by a number and a letter, the 31E MOS now includes advanced responsibilities including command and control of prisoner of war and civilian internee camps.”

http://www.infowars.com/army-posts-job-for-internment-specialist-following-kbr-call-for-fema-camp-subcontractors/

Come on now people, do you really think they’re planning on interning foreign civilians?

“The Civilian Inmate Labor Program is a program of the United States Army provided by Army Regulation 210-35[1]. The regulation, first drafted in 1997, underwent a “rapid act revision” in January 2005; it provides policy for the creation of labor programs and prison camps on Army installations. The labor would be provided by persons under the supervision of the Federal Bureau of Prisons.”

http://en.wikipedia.org/wiki/Civilian_Inmate_Labor_Program

But don’t worry, they’re only talking about drug users and common street criminals, not the arch criminals who import the drugs with impunity.  Of course when people are reduced to crime through desperation due to the deliberate and systematic destruction of the economy by these same arch criminals, the ranks of the emerging “prisoner class” are likely to swell considerably.  Thank goodness the army had the good sense to prepare years ahead of time.

Robert Fisk: Bankers are the dictators of the West

“Writing from the very region that produces more clichés per square foot than any other “story” – the Middle East – I should perhaps pause before I say I have never read so much garbage, so much utter drivel, as I have about the world financial crisis.

“But I will not hold my fire. It seems to me that the reporting of the collapse of capitalism has reached a new low which even the Middle East cannot surpass for sheer unadulterated obedience to the very institutions and Harvard “experts” who have helped to bring about the whole criminal disaster. …

“The banks and the rating agencies have become the dictators of the West. Like the Mubaraks and Ben Alis, the banks believed – and still believe – they are owners of their countries. The elections which give them power have – through the gutlessness and collusion of governments – become as false as the polls to which the Arabs were forced to troop decade after decade to anoint their own national property owners. Goldman Sachs and the Royal Bank of Scotland became the Mubaraks and Ben Alis of the US and the UK, each gobbling up the people’s wealth in bogus rewards and bonuses for their vicious bosses on a scale infinitely more rapacious than their greedy Arab dictator-brothers could imagine.”

http://www.independent.co.uk/opinion/commentators/fisk/robert-fisk-bankers-are-the-dictators-of-the-west-6275084.html

Everything Happening Now Was Planned Before 9/11

Special preface to my friends in the military, law enforcement and intelligence and other government servants: You are sworn to defend and uphold the Constitution, and the facts below may help you do so.

“We’ve been told that “9/11 changed everything” and that we’re living in “a post-911 world”.

“We’ve been told that what our government is doing now has been rendered necessary by the urgent post-9/11 threat from terrorists.

“In reality, however, virtually everything happening now was planned before 9/11. Please see for yourself:

  • The Patriot Act was planned before 9/11 (and see this). Indeed, former Counter Terrorism Czar Richard Clarke told Stanford law professor Lawrence Lessig:

After 9/11 the government drew up the Patriot Act within 20 days and it was passed.

The Patriot Act is huge and I remember someone asking a Justice Department official how did they write such a large statute so quickly, and of course the answer was that it has been sitting in the drawers of the Justice Department for the last 20 years waiting for the event where they would pull it out.

(4:30 into this video).

  • The Afghanistan war was planned before 9/11 (see this and this)

 http://www.washingtonsblog.com/2011/12/educationgram-copy-the-body-of-this-post-and-send-it-in-an-email-all-browsers-allow-you-to-do-it-to-everyone-you-know-and-your-elected-representatives-and-local-law-enforcement-agencies.html

My fellow citizens, we have been led to the brink of destruction by enemy forces which have for all intents and purposes taken over the federal government.  No matter what we do hard times are ahead.  But there is a way out.  It’s called the American Monetary Act.  It simply restores article 1 section 8 of the constitution, which states:

“The Congress shall have Power To … provide for the common Defence and general Welfare of the United States … [and] To coin Money [and] regulate the Value thereof”

The latter power was delegated to wall street investment banks in 1913 by a whirlwind of political chicanery:

http://modernhistoryproject.org/mhp?Article=FedReserve&C=3.0#Act

Clearly “providing for the common defense and general welfare” of this country necessitates defending against the shock doctrine which has been imposed on us by the enemy (see ref section).  If in 1776 the british military had landed on our shores dressed up like Jesus, waving american flags and carrying bibles, the colonists would have had the sense to recognize the deception.  The current situation is no less obvious.  It’s quite clear that the implementation of this plot began in 1981 when GHW Bush gained access to the political levers of power in the white house.  The bush crime family has a long history of treason to this country, dating back to prescott’s attempted coup and his money laundering operation for hitler and his death camps (see ref section).  The criminals are not all hidden, but in any case, like the saying goes, “by their fruits you will know them.”

The provisions of the monetary act are now pending in the house of representatives in Dennis Kucinich’s NEED act (HR 2990).  Get busy.

Also see www.oathkeepers.org

 

“Patriot Act” first attempted by Joe Biden months before OKC bombing

Months before the Oklahoma City bombing took place, Biden introduced the Omnibus Counterterrorism Act of 1995. (introduced 2/10/1995) It previewed the 2001 Patriot Act by allowing secret evidence to be used in prosecutions, expanding the Foreign Intelligence Surveillance Act and wiretap laws, creating a new federal crime of “terrorism” that could be invoked based on political beliefs, permitting the U.S. military to be used in civilian law enforcement, and allowing permanent detention of non-U.S. citizens without judicial review.* The Center for National Security Studies said the bill would erode “constitutional and statutory due process protections” and would “authorize the Justice Department to pick and choose crimes to investigate and prosecute based on political beliefs and associations.

“Biden himself draws parallels between his 1995 bill and its 2001 cousin. “I drafted a terrorism bill after the Oklahoma City bombing. And the bill John Ashcroft sent up was my bill,” he said when the Patriot Act was being debated, according to the New Republic, which described him as “the Democratic Party’s de facto spokesman on the war against terrorism.”

http://www.washingtonsblog.com/2011/12/joe-biden-drafted-the-core-of-the-patriot-act-in-1995-before-the-oklahoma-city-bombing.html

The Financial Crisis was Utterly Predictable

“We’ve known for literally thousands of years that debts need to be periodically written down, or the entire economy will collapse. And see this.

We’ve known for 1,900 years that that rampant inequality destroys societies.

We’ve known for thousands of years that debasing currencies leads to economic collapse.

We’ve known for hundreds of years that the failure to punish financial fraud destroys economies.

We’ve known for hundreds of years that monopolies and the political influence which accompanies too much power in too few hands is dangerous for free markets.

We’ve known for hundreds of years that trust is vital for a healthy economy.

We’ve known since the 1930s Great Depression that separating depository banking from speculative investment banking is key to economic stability. See this, this, this and this.

We’ve known since 1988 that quantitative easing doesn’t work to rescue an ailing economy.

We’ve known since 1993 that derivatives such as credit default swaps – if not reined in – could take down the economy. And see this.

We’ve known since 1998 that crony capitalism destroys even the strongest economies, and that economies that are capitalist in name only need major reforms to create accountability and competitive markets.

We’ve known since 2007 or earlier that lax oversight of hedge funds could blow up the economy.

And we knew before the 2008 financial crash and subsequent bailouts that:

  • The easy credit policy of the Fed and other central banks, the failure to regulate the shadow banking system, and “the use of gimmicks and palliatives” by central banks hurt the economy
  • Anything other than (1) letting asset prices fall to their true market value, (2) increasing savings rates, and (3) forcing companies to write off bad debts “will only make things worse”
  • Bailouts of big banks harm the economy
  • The Fed and other central banks were simply transferring risk from private banks to governments, which could lead to a sovereign debt crisis

 http://www.washingtonsblog.com/2011/12/the-financial-crisis-was-foreseeable-a-long-time-ago.html

When the outcome of an act is predictable and known by the actor, then obviously the outcome of the act is what was intended by the actor.

Obama confronts Russian & China on their borders

“After going from defeat to defeat on the periphery of world power and not satisfied with running treasury-busting deficits in pursuit of empire building against economically weak countries, Obama has embraced a policy of encirclement and provocations against China, the world’s second largest economy and the US’s most important creditor, and Russia, the European Union’s principle oil and gas provider and the world’s second most powerful nuclear weapons power.”

http://www.globalresearch.ca/index.php?context=va&aid=28144

Transparency in all things