Joseph P Farrell – THE BANKER DEATHS SCRAPBOOK: CANADIAN INVESTMENT ADVISOR MURRAY ABBOT ADDED TO GROWING LIST


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Posted on May 25, 2015 by Joseph P. Farrell •

There has been another said death of a “banker” to add to a growing, and growingly perplexing, list, this time of Canadian Murray Abbot, an investment advisor for Morgan Stanley. (These two articles were shared by Ms. K.F., and Mr. C.S., to whom goes our gratitude);
Missing Morgan Stanley trader found dead in Lake Ontario near Toronto’s Beaches

Murray Abbott, Missing Morgan Stanley Trader, Dies at 36

There are some oddities to note here, not the least being that the Financial Post article of May 12, reference Bloomberg as the source of its story, and in the Bloomberg article itself, which is dated May 11, one day before. In the May 11th article, we read the following:

His death wasn’t suspicious, Mark Pugash, a Toronto Police Service spokesman, said Tuesday in a telephone interview. “It was obviously a very tragic missing person’s case.”

The death is not suspicious, merely “a very tragic missing person’s case.” Yet, a day later, this appears to have been tacitly retracted by the second article;

“Police are awaiting an autopsy before determining the cause of death of Abbott, who went missing two weeks ago, Detective Constable Neil Thornton said in a telephone interview Monday.”

One might wonder what caused this subtle change, but perhaps it was careful consideration of the fact that the unfortunate Mr. Abbot was missing for approximately two weeks before being found. Presumably, if he had somehow fallen into Lake Ontario and drowned early on in the two week period, he would most likely have been found much sooner than he was. While Lake Ontario is a big place, big enough to lose a body in, it is also a busy place. This might suggest that he met his end prior to ending up in Lake Ontario, and thus, an autopsy might lead to conclusions that his death was something other than “a very tragic missing person’s case.”

Well… maybe…

But if it was not just another “very tragic missing person’s case,” then what might it be? There’s a pattern that Mr. Abbot fits, and it’s here:

Abbott was a vice president and one of 16 people on the institutional equities desk at Morgan Stanley’s Canadian wealth-management division. He joined the New York-based bank in 2010, following jobs at Toronto-based brokerage Blackmont Capital Inc. and Research Capital Corp.
“He was larger than life, a very gregarious guy, very well liked by clients,” Laura Adams, head of Morgan Stanley’s Canadian equity-distribution business, said Tuesday in a telephone interview. “He was just a super guy.”

Abbott’s clients included mutual funds, pension plans, hedge funds and banks, according to Adams, who hired Abbott and was his manager.

“Clients really enjoyed working with him, he was well liked and had a very strong network across Bay Street,” Adams said. “He just worked really hard and had a great work ethic.”

One part of that pattern fits many of the other strange bankers’ deaths that we have blogged about on this website, namely, Mr. Abbot was a respected co-worker, very professional, and well-liked, and, apparently, a very moral and ethical man. This pattern we have seen before, as mystified family and friends are at a loss to explain why their loved ones would commit “suicide”(or rather, as we suspect in many cases, have been suicided). This factor is, I submit, an important one in whatever pattern may be emerging in these suspicious deaths, for it connotes invididuals who, if they were to encounter data or activities in conflict with their principles, might be constrained to report it or otherwise bring it to the attention of authorities, either within their own corporate structures, or within their respective national governments.

And here Mr. Abbot fits yet another pattern that seems to be repeated in these deaths, namely, he was in a position to encounter such data and/or activities in the first place. In this respect, Mr. Abbot had access to data concerning “institutional equities, mutual funds, pension plans, hedge funds, and banks.” This conglomeration would have put him into a position to see, perhaps, aggregate financial activity of a suspicious nature. In this, he joins a growing list of suspicious deaths that would seem to indicate that someone, somewhere, is trying to conceal something. The question is, what?

Here my “high octane speculation” differs somewhat with that of others who have covered these stories, in that I do not think these banker deaths have anything to do with scenarios of “immanent collapse” of the western financial system. At least, not in the conventional sense. Rather, I think they might have everything to do with people who might have discovered significant evidence for the existence of what I have called a “hidden system of finance,” one put into place after World War Two to fund both massive and long term covert operations projects, and massive and long term black projects research projects. Additionally, one might assume that in uncovering evidence of such a system, people in the position of Mr. Abbot might have gained peculiar insight into the actual day-to-day detailed functioning of such a system. As such, they would pose a threat not only to that system, but to national security, if they threatened to expose it. But even here one is left with something of a mystery: why go to all the trouble of murdering so many bankers under such increasingly suspicious circumstances, thereby drawing further attention to something that one would presumably want to keep entirely out of the public’s eye? Why not simply “threaten” or “warn” such people into silence? Unless, of course, they already had been so warned.

In the end, we are left with more questions than answers, but, as the list grows, the pattern outlined above becomes clearer, with each addition confirming its broad outlines. And with the mention, in Mr. Abbot’s case, of institutional equities and hedge funds, the possibility of my “high octane speculation” being perhaps the motivation behind these deaths would seem to have been ratcheted up considerably.

See you on the flip side…

http://gizadeathstar.com/2015/05/the-banker-deaths-scrapbook-canadian-investment-advisor-murray-abbot-added-to-growing-list/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+GizaDeathStar+%28Giza+Death+Star%29

UBS Shocked To Learn Ratting Out Fellow Criminals Doesn’t Buy DOJ Immunity ~ ZeroHedge


Submitted by Tyler Durden

 

Back in 2012, when the first massive marketwide-rigging scandal made the front pages, that of Libor (one which Zero Hedge discussed first in January 2009 with “This Makes No Sense: LIBOR By Bank” and for which we won early points in the “you are a fringe tinfoil blog” category until proven correct as usual) the prosecution’s case was handed on a silver platter by one bank which hoped it would squeeze through the prosecutorial cracks by ratting out all of its heretofore complicit partners in crime: UBS.

And sure enough, UBS did indeed get away with a paltry fine, and the whole affair was quietly swept under the rug with a December 2012 settlement, in which the U.S. agreed not to prosecute the bank on the condition that it “commit no United States crime whatsoever” for the two-year term of the agreement, subsequently extended by an extra year.

Unfortunately for UBS, its reputation as a ratting squealer was all for nothing, because just over one year later UBS as well as virtually all the same banks that were manipulating Libor, were caught rigging that other massive, global market in secret online chatrooms such as the “Bandits” and the “Cartel”: foreign currency rates.

And also unfortunately for UBS which had sworn to commit no US crimes, it had just been caught committing at least one US crime. As a result, as Bloomberg reported earlier this week and as WSJ reported tonight, the US “Justice” Department is now tearing up and voiding the UBS 2012 settlement.

Actually, make that two crimes: “UBS also was viewed by the Justice Department as a repeat offender, having reached previous settlements including one in 2011 related to antitrust violations in the municipal-bond investments market.”

Actually, make that three crimes: “[Justice Department criminal division head Leslie] Caldwell’s message in the talks was stern: UBS was a recidivist having previously settled with the Justice Department over antitrust violations and had also obtained a deferred-prosecution agreement in 2009 to resolve charges it helped American taxpayers hide money overseas.”

Sure enough, UBS is shocked, shocked to find out there was criminal gambling going on in its world’s largest trading floor in Stamford, CT which is on its way to becoming a mini golf course. And again. And again.

UBS officials are confounded by the outcome, some of the people familiar with the negotiations said. The bank believes it provided early cooperation which helped prosecutors break open the foreign-exchange investigations and, as a result, was promised immunity by the antitrust division of the Justice Department.

But for prosecutors the punishment is seen as justified, the people said: The bank promised not to break the law in its 2012 deal and it violated those terms when its traders engaged in the currency-market misconduct after the 2012 agreement, they said. Prosecutors have been investigating whether traders colluded to move currency rates to benefit themselves to the detriment of clients.

We too would be shocked to learn that ratting out all our former peers and colleagues doesn’t pay off in the end.

The WSJ also adds, “the negotiations with the Justice Department are expected next week to result in UBS paying a fine of about $200 million to the Justice Department and pleading guilty to allegations that UBS traders manipulated the London interbank offered rate, or Libor, prior to 2012, according to some of the people.”

While the fine is paltry, the guilty plea will open the bank to a myriad of lawsuits from around the globe, which will surely result in billions of new recurring, non one-time “one-time, non recurring” legal fees, charges and further settlements as UBS is now open to litigation by anyone and everyone.

And while we applaud the DO”J” for doing its job for once, will it be too much just once not to assume everyone is an idiot and that clearly the DO”J” has a bias against foreign banks who are used as a buffer to avoid prosecution of domestic banks, which have mysteriously gotten away with virtually every criminal act known to man and mafia.

Such as JP Morgan for example. The same JP Morgan whose luck may have run out, because according to the WSJ, in addition to UBS, Barclays, Citigroup, RBS, and J.P. Morgan “are expected to plead guilty to criminal antitrust charges and pay between $500 million and more than $1 billion in penalties to various government entities, according to company disclosures and people familiar with the talks. On Thursday, J.P. Morgan disclosed in a financial filing that “any resolution acceptable to DOJ would require that the Firm plead guilty to an antitrust charge.”

Curiously, it is none other than JPMorgan who courtesy of Troy Rohrbaugh happens to be the Chairman of the Fed’s Foreign Exchange Committee.

We are confident, however, that JPMorgan admiting guilt to a criminal anti-trust FX rigging charge will have zero impact on, and no conflicts of interest whatsoever with it remaining head advisor to the NY Fed on all issues FX.

And while there are several things we can be absolutely certain of i) the banks will pay a few more billion in settlements here and there, and maybe UBS will be barred from competing with Goldman and JPM in fields in which the US banks feel there is “too much competition” (because a Lehman-type raid on a key competitor would not quite work out just now), and ii) nobody will actually go to prison, we have one question: just which umbrella agreement with US prosecutors will UBS use for that “other other other” market UBS was most recently caught rigging: gold.

Actually, if UBS made the price of gold drop with its gold-rigging, it may well be that the Swiss bank just may get a commendation by the US DO”J” for that one.

http://www.zerohedge.com/news/2015-05-14/ubs-shocked-learn-ratting-out-fellow-criminals-doesnt-buy-doj-immunity

Missing Morgan Stanley trader found dead in Lake Ontario near Toronto’s Beaches


Doug Alexander, Bloomberg News
Tuesday, May 12, 2015

Murray Abbott, a Morgan Stanley adviser, was last heard from on April 25 in eastern Toronto. Toronto Police Service via Bloomberg

Toronto police identified a body found in the water near the city’s Beaches neighborhood as that of missing Morgan Stanley sales trader Murray Abbott.

Police are awaiting an autopsy before determining the cause of death of Abbott, who went missing two weeks ago, Detective Constable Neil Thornton said in a telephone interview Monday. His body was found around 6:40 a.m. floating face down just east of a water filtration plant, close to Queen Street East and Courcelette Road, according to earlier police reports.

Toronto Police marine unit officers remove the body found near the R.C. Harris Water Filtration Plant near Fallingbrook Road and Queen Street in Toronto on Monday. Laura Pedersen/National Post

Police had been searching the affluent neighbourhood along the shore of Lake Ontario for Abbott, who was last seen April 25. Abbott was a vice president in the capital markets group of Morgan Stanley’s Canadian wealth management division.

Abbott, 36, joined the New York-based bank in 2010 and earlier worked at Blackmont Capital Inc., a Toronto-based brokerage.

http://www.financialpost.com/m/wp/blog.html?b=business.financialpost.com%2F%2Finvesting%2Fmissing-morgan-stanley-trader-found-dead-in-lake-ontario-near-torontos-beaches

A Global Financial Reset Is Coming: ‘A Deal Is Being Made Between All The Central Banks’


central-banks-currencyThere is an unprecedented reset coming to world financial markets and if you’ve been paying attention it’s impossible to ignore the signs. In fact mega-investment funds, governments and central banks have been secretly buying up and storing physical gold in anticipation of an event that will leave the U.S. dollar effectively worthless and governments around the world angling for a new global currency mechanism, according to mining executive Keith Neumeyer.

But before the reset can happen Neumeyer, who recently founded First Mining Finance and has partnered with billionaire alternative asset investors like Eric Sprott and Rick Rule, says that foreign creditors must first deleverage their U.S. dollar debt, a move that is happening right now and is evidenced by the recent strength of the U.S. dollar.

Once these U.S. debt holders unwind their positions, however, the dollar will be allowed to crash and we should prepare for a total financial, economic and monetary realignment.


(Watch the full interview at Future Money Trends)

With the central banks now buying gold… which is quite unique… we haven’t seen that  in our lifetimes… they’ve always been sellers of gold and now they’re buyers of gold… I think there will be a reset of the financial industry… 

I think China is being allowed to accumulate gold purposefully by the American government… I believe that the Chinese need to own at least the same amount as the U.S. owns before this reset occurs. I think that there’s some kind of deal that’s being made between all the central banks behind the scenes and that’s why you’re seeing governments accumulating the metal.

I do believe there will be some kind of new currency created with the backing… and it might not be a direct backing of the metal… but it’ll be some kind of blend of currency.. it could be through SDR’s… Special Drawing Rights… or some type of mechanism… I think that’s where we’re going.

And when that reset occurs I think gold will be left to rise… and I wouldn’t be at all surprised to see three…four… five thousand dollar gold over the next five years.

Because the price of gold has been suppressed to allow governments and central banks to accumulate it cheaply, Neumeyer sees opportunity in the mining industry and that’s why his latest mineral bank project is mimicking their actions and buying up physical mining assets around the world.

And though Western mainstream media pundits argue that the recent strength of the U.S. stock market and the U.S. dollar are proof positive that an economic recovery has taken hold, Neumeyer says exactly the opposite is happening.

The reason for the recent rise in the value of the world’s reserve currency, he suggests, is a result of the massive unwinding of U.S. debt as private investors and governments around the globe know a rush for the exits is coming soon:

The view on the strength of the dollar recently is the fact that it’s short-term. You’ve got so much U.S. debt out there and governments are now getting rid of their U.S. debt and converting all the debt to local debt… that’s causing a huge demand for dollars in order to make that conversion,so this whole dollar rally is basically a deleveraging against the U.S. dollar… you’re not seeing that story showing up anywhere in North America.

Once the world is deleveraged than the U.S. dollar… then basically the U.S. dollar will crash and that will be the beginning of this new reset.

Everything, of course, is very hush-hush but, as Neumeyer explains, most of the influential players involved know exactly what is going on and they are making their moves right now to ensure they survive the coming financial reset:

The gold accumulation that’s going on… this is gold that’s outside of the system… you don’t hear about it… these are big sovereign wealth funds, these are government funds, these are banks that are buying the physical metal… they are very intimately involved in the sector and they know what’s going on.

Definitely world governments and central banks around the world are unwinding their U.S. debt. They’re trying to bring their debt home and that’s causing the upside pressure on the dollar.

If Neumeyer is right, and all the signs suggest his assessment is fairly accurate, then the recent strength of the U.S. dollar will be short-lived. Once deleveraging by governments and central banks has been completed they will unleash an economic, financial and monetary storm that will change the very fabric of the global order.

The consequences are difficult to predict, but given that these entities have been buying up gold like their lives depended on it, the notion of an ounce of the precious metal being valued at $5,000 per ounce isn’t out of the question.

You can watch Keith Neumeyer’s full interview here. To learn more about theFirst Mining Finance Corp mineral bank project with billionaire contrarian investors Eric Sprott and Rick Rule, click here.

Courtesy of SHTFplan.com

Don’t forget to follow the D.C. Clothesline on Facebook and Twitter. PLEASE help spread the word by sharing our articles on your favorite social networks.

http://www.dcclothesline.com/2015/04/06/a-global-financial-reset-is-coming-a-deal-is-being-made-between-all-the-central-banks/

China’s international payments system is almost ready


A clerk counts Chinese 100 yuan banknotes at a branch of China Construction Bank in Nantong, Jiangsu province December 2, 2014. REUTERS/China Daily Thomson ReutersA clerk counts Chinese 100 yuan banknotes at a branch of China Construction Bank in Nantong

HONG KONG (Reuters) – A long-awaited China International Payment System (CIPS) that would facilitate international usage of the yuan is ready and may be launched as early as September or October, three sources with direct knowledge of the matter told Reuters.

The system, which would be a worldwide payments superhighway for the yuan, will replace a patchwork of networks and allow hassle-free renminbi transactions, greatly boosting the internationalization of the Chinese currency.

“The CIPS is ready now and China has selected 20 banks to do the testing, among which 13 banks are Chinese banks and the rest are subsidiaries of foreign banks,” said a senior banking source who is involved in the matter.

“The official launch will be in September or October, depending on the results of the testings and preparation,” the source said.

A second source with direct knowledge of the matter said authorities are striving to launch the first phase of CIPS before December.

“It’s not a plan but we are trying our best to have the first phase (of CIPS) online before the end of this year,” said the source, who declined to be named because he is not authorized to speak to the media.

“If it’s all smooth, (the launch) will be in September or October. If there is a need for a bit more time, we are still confident about (rolling it out) before the year-end,” he said.

The People’s Bank of China was not immediately available for comment when contacted.

(Reporting by Michelle Chen and Saikat Chatterjee in Hong Kong and Koh Gui Qing in Beijing; Editing by Richard Borsuk)

Read the original article on Reuters. Copyright 2015. Follow Reuters on Twitter.

Ed. Note:  September and October are forecast to be months of great change, including a possible collapse of the dollar. And, the Pope is meeting with Obama in the White House, then he addresses Congress and the U.N.in the last week of Sept. The last blood moon is also in September.

Russia Asks Greece To Join BRICS Bank ~ ZeroHedge


Tyler Durden's picture

As if the discussions in Brussels and Athens were not mired in enough uncertainty, Bloomberg reports that a Greek official confirms:

  • *STORCHAK ASKED TSIPRAS FOR GREECE TO JOIN BRICS BANK: OFFICIAL

The pivot appears to continue. Reportedly, Tsipras was pleasntly surprised by the proposal.

As Bloomberg reports,

Russian Deputy Finance Minister Sergei Storchak spoke with Greek PM Alexis Tsipras today, proposed that Greece become 6th member of New Development Bank set up by Brazil, Russia, India, China, South Africa, a Greek govt official says in e-mail to reporters.

Tsipras said keen to discuss matter in St. Petersburg Economic Forum June 18-20, with leaders of BRICS countries.

Tsipras was pleasantly surprised by proposal.

http://www.zerohedge.com/news/2015-05-11/russia-asks-greece-join-brics-bank

Ed. Note: My favorite question over the last year for those still “asleep”, who get their news from non alternative sources, is: “Have you heard of BRICS?”. Not one person to date has said yes – and some of those people are highly intelligent and actually consider themselves well informed on economic matters. Yet, they’re clueless that a new gold backed financial system is currently being erected from the Eastern world and that the U.S. is being isolated because the rest of the world is fed-up with the cabal’s banking cartels, taxation, usury and being bullied by the US military.

You gotta hand it the cabal, they’re Masters at the game of deception. The fact that the propaganda media has kept BRICS completely out of the news is quite a feat, and one that is clearly reveals most people in the U.S. are about to get the rug quickly pulled out from under their feet. They’re completely unprepared for what’s coming in this game of smoke and mirrors….

If you don’t use a bank, where should you stash your cash?


Daisy Luther
March 10th, 2015
The Organic Prepper

The following article was originally published by Daisy Luther at The Organic Prepper.

Daisy is the author of The Organic Canner and The Pantry Primer: How To Build A One Year Food Supply In Three Months.

piggy-bank-lg

Should You Trust Your Bank? 43% of Americans Don’t. Here’s Why.
By Daisy Luther

If you read between the lines on a recent report from American Express, it looks like more Americans are veering away from the traditional bank savings accounts:

A majority consumers say they’ll keep their savings at a local bank (57% vs. 55% in 2014) but more than half of those who keep their savings in cash plan to hide bills in a secret location at home (53%).

This means that 43% of the people who are saving money are not putting it in the bank.  This is good news for those of us who wish people would wake up and see the net being cast around them, but bad news for the banks that depend on deposit accounts to be able to give out loans and earn interest.

Most folks have been trained to keep their savings in the bank.  It’s just the way things have been for over 100 years. But there are a lot of reasons why that is no longer a good idea. For one, deposit accounts are no longer legally protected. As well, the Federal Reserve passed a policy that in the event of an economic crisis (think “bank run) that accounts can be frozen to preserve the liquidity of the banks.

In an recent interview, alternative asset manager Eric Sprott explains why stashing fiat currency in a bank is a bad idea:

In my mind the biggest reason to own precious metals is because of the risks in the banking system… you get nothing for putting your money in the bank… and yet when you have your money in the bank you take on all the risks of a leveraged bank… and I’ve always thought it’s the risks in the banking system that would cause people to go to gold…

And now you have another level of concern out there and that is, of course, the currency risk. We’ve seen so many currencies that have been incredibly weak… (Source: SHTFplan)

Of course, the government has several reasons they’d like everyone to stash their money in a bank account:

1.)   Ease of confiscation

We need only to look at the horrible situation a couple of years ago in Cyprus to see how bank accounts are like all-you-can-steal-buffets for the powers that be.  A suggested theft TAX of up to 20% of the money in Cypriot bank accounts may be levied in order for the country to meet its staggering debts in the terms of the proposed EU bailout.  The banks of Cyprus were loaded with the money of residents and businesses of other countries that have used them as a tax haven.  The banks were closed for several days and frantic customers were left to withdraw the maximum daily balances from ATM machines in an attempt to salvage what they could.

Think it can’t happen here?  I wonder if the people of Iceland, Greece, Ireland, Hungary, Argentina, Spain, and Portugal thought that too.

2.)  Surveillance

The second reason that “everyone should have access to banking services” is the digital trail that it leaves.  Every dime you receive and spend out of these accounts is part of an intricate system of surveillance.  When your money goes into a bank – any bank – Big Brother knows about it.  It’s a simple matter of compiling information via your social security number (or other federally- assigned number) to find out how much you make, how much you have, and where it comes from.  This can be used to prosecute you for tax purposes, to locate you through where your pay comes from, and to follow your personal money trail for a variety of different reasons.

It can also be used to track your spending – Big Brother can find out that you spent $2000 at a gun store, that you purchased online from a prepper supply website, or that you bought some books with “questionable” content in order to paint you as a threat.

3.) Revenue Generation

In 2013, US banks generated a stunning $31.9 billion in overdraft fees. That’s right. They took billions of dollars from people who were clearly financially struggling or they wouldn’t have bounced payments in the first place. This number doesn’t even touch upon the fees you pay to stand in line and use a human teller instead of an ATM, the fees you pay for the privilege of having the bank hold on to your money, or the fees you pay per transaction in many accounts.

If you don’t use a bank, where should you stash your cash?

For most of us, banking is a necessary evil.  Our paychecks are directly deposited. We pay our bills online.  Our mortgage payments are  automatically debited.  My recommendation is not to leave in any more money than is required to meet these expenses.  I personally withdraw everything beyond the bills coming out between pay periods.

For the reasons mentioned above, safety deposit boxes are also not a place you want to keep your savings.  If the banks doors are locked, your precious metals and cash are locked in too, and you will have no access until the bank reopens.  In the event of a disaster, that might be a very long time, if ever.

This doesn’t mean to stuff your mattress with bills or to put the money in an assortment of shoeboxes under the bed. Consider investing in one or more fireproof safes.  Be creative about where you hide them, and when you’ve selected a spot, bolt them into the floor. You can get a couple of smaller, less expensive safes and fill them with minimal amounts of money and costume jewelry to serve as decoys. Some people bury PMs in a cache, but if you do this, be very careful to map it out in a way that you’ll be able to find it.

You can also invest in tangible goods like food, firearms, preparedness supplies,property investments, and precious metals.  Gold and silver retain their value far better than the dollar, and the metals are easily liquidated if an emergency arises and it becomes necessary to change them to fiat currency. This being said, metals are harder to spend, and it takes a little bit of effort to cash them in, so it can help deter you from spending unwisely if you tend to have difficulty saving money.

Remember: If you don’t hold it, you don’t own it.


The Pantry Primer

Please feel free to share any information from this article in part or in full, giving credit to the author and including a link to The Organic Prepper and the following bio.

Daisy Luther is the author of The Pantry Primer: How to Build a One Year Food Supply in Three Months.  Her website, The Organic Prepper, offers information on healthy prepping, including premium nutritional choices, general wellness and non-tech solutions. You can follow Daisy on Facebook and Twitter, and you can email her at daisy@theorganicprepper.ca

http://www.shtfplan.com/headline-news/if-you-dont-use-a-bank-where-should-you-stash-your-cash_03102015

David Morgan-Market Crash in September 2015 ~ Greg Hunter


David Morgan of Silver-Investor.com says the world is loaded with debt that is going to explode. It’s just a matter of time. When might the economy and the “debt bomb” explode? Morgan predicts this fall. Why? Morgan says, “Momentum is one indicator and the money supply. Also, when I made my forecast, there is a big seasonality, and part of it is strict analytical detail and part of it is being in this market for 40 years. I got a pretty good idea of what is going on out there and the feedback I get. . . . I’m in Europe, I’m in Asia, I’m in South America, I’m in Mexico, I’m in Canada; and so, I get a global feel, if you will, for what people are really thinking and really dealing with. It’s like a barometer reading, and I feel there are more and more tensions all the time and less and less solutions. It’s a fundamental take on how fed up people are on a global basis. Based on that, it seems to me as I said in the January issue of the Morgan Report, September is going to be the point where people have had it.”

Join Greg Hunter as he goes One-on-One with David Morgan of Silver-Investor.com.
http://usawatchdog.com/debt-bomb-goin…

Bix Weir ~ Disappearance of Dollar Happens This Year


Bix Weir of RoadtoRoota.com says, “I do believe it will be this year that they end the manipulation and end this monetary system. . . . . You can see it happening already in Europe. It won’t take long when the Greeks say okay Germany, we are done with you. . . . That whole system will go down, and that will come to the United States. If you have a crash of the system, you will have a crash of the banks. You can’t have one of the big banks go down, because they are all interconnected, and have everybody else stay fine. That is where the disappearance of the dollar will be. . . . This time, they will not be able to stop it because the United States wants the system to crash to get us out of this mess, and we can start fresh again.”

Join Greg Hunter as he goes One-on-One with Bix Weir, author of the new book, “Silver, Gold, Bitcoin . . . and God.”
http://usawatchdog.com/next-crash-alr…

Inquiring Minds Want to Know: Was Putin really talking to ET’s? From Simon Parkes, March 2015


Note: I just discovered Simon Parkes website and wanted to share his most recent newsletter with readers. So now we know where the Putin talking to ET rumors originated, makes sense now and ads some credibility to the story. Much love, {~A~}

Welcome to the March edition of the Newsletter. There was no February edition which I was sorry about but circumstances did not permit it!

Sharpe eyed readers will have seen that the established press ran with the story about me and President Putin, this came about from my workshop last week where I was speaking to a group of awake people who had attended “The Vault” in Newcastle in the UK. I had been asked questions about the situation in the Ukraine and as part of my reply I explained that The Russian President was being advised by a group of off-world human related species and that these were at odds with the different group currently advising/running the show in the USA. This clearly did not go down well with the establishment, who have been running the line “Putin Bad – Russia Bad – US President Good – USA – Good”. Interestingly this support for Putin caused my own political party grandees to put pressure on me to retract, having never interfered in regard to my alien information in the past, the Putin story was a step to far for them! Of course I did not retract my story. About this time I came under attack by a paid troll posting on web sites, who’s only command of the English language seamed to be “your a liar”. We did offer to put him on the Newsletter distribution list but so far no reply. We continue to suffer cyber attacks and would ask you all to be patient when waiting for replies to mails as were often taken down and mails are lost. On a positive note it was nice to get a mention in Cobra’s latest interview and also the galaticconnection.com, I am also told that my name came up in the Vatican!

The International Monetary Fund (IMF) has announced a 50 billion injection of cash into European banks, with more to follow – this is because collapse is imminent – and the elite are doing all they can to prop up the falling house of cards, they may well do it! It depends on 3 men who are “on the ground” one is in Frankfurt, one in Bonn and one in London. If they think that the worthless zeros on the computer screen can be made to work and hood-wink ordinary people they will stay the course and there will be no crash this year – if not then look for the months of September to November for a crash. The elite in the US are forcing the petro dollar down to levels that can NOT be sustained and will have to rise back up to $120 a barrel. In their desperate efforts to bring Putin down they are putting their own people and the people of the West into hardship – here in the UK. In Scotland oil jobs are on the point of being axed, of course we need alternative energy, but any transference must be within a managed process. As it stands it’s just one crazy fair ground ride, with mad-men at the controls.

The biggest threat in the coming 8 months is yet another false flag, however its effect, if realised, would be to knock out mains electricity to many cities in the US – more on this as I get it. In regard to CERN and the particle generator (a time machine as I had publicly stated 2 years ago) is undergoing a massive expansion to UP its power output. The linear collider in Japan is never going to be built in time, and thus CERN is the elites only hope.

Presently the Vatican is putting out a number of peace initiatives, testing the water so to speak, because who wants to be on the losing side, eh? And as I write this it’s far from clear who has the upper hand. More on this as and when.

Over the last few weeks I have met so many wonderful spiritual awake people during the Soul readings via Skype, it gives me so much hope to connect with so many fantastic people, all dedicated to delivering a better fairer world. As we all agree its not the planet that is at fault, its the rules and values, the regulations and laws designed to hold down ordinary decent good people – that is wrong! It really is quite amazing how a handful of greedy people control nearly the whole planet and its resources – it’s scandalous! It’s one that will have to be reversed in order to gain balance.

So I close with a thank you. Thank you to all of you, no matter who you are, thank you for holding the truth, keeping the flame of love and compassion burning bright, not being corrupted, but walking the straight path. Keep walking forward, there are many of us, and we are united in our common values and shared goals!

Much strength, much hope much love
Simon

For Upcoming Events and to subscribe, please check the Events Page
www.simonparkes.org

“Colossal Defeat” For Obama As Australia Joins China’s Regional Bank ~ ZeroHedge


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Having attacked its “closest ally” UK for “constant accomodation” with China, we suspect President Obama will be greatly displeased at yet another close-ally’s decision to partner up with the Chinese-led Asian Infrastructure Investment Bank (AIIB). As The Australian reports, “make no mistake,” the decision by Australia’s Abbott government to sign on for negotiations to join China’s regional bank, foreshadowed by Tony Abbott at the weekend,  “represents a colossal defeat for the Obama administration’s incompetent, distracted, ham-fisted dip­lomacy in Asia.”

As The Australian’s Greg Sheridan writes Op-Ed,

The decision by the Abbott government to sign on for negotiations to join China’s regional bank, foreshadowed by Tony Abbott at the weekend, represents another defeat for Barack Obama’s diplomacy in Asia.

The Abbott government is right to make this decision. It had well-founded concerns about the vague and unsatisfactory governance arrangements of the institution when Beijing first invited Canberra to join.

Those arrangements have ­improved since then and Australia is only signing on to negotiate terms of accession.

If the terms are no good, Australia will ultimately walk away.

Canberra’s move follows similar decisions by Britain, Singapore, India and New Zealand.

Make no mistake — all this represents a colossal defeat for the Obama administration’s incompetent, distracted, ham-fisted dip­lomacy in Asia.

The Obama administration didn’t want Australia to sign up for the China-led AIIB. The Abbott government rightly feels that it owes Obama nothing.

Obama went out of his way to embarrass the Prime Minister politically on climate change with a rogue speech at the G20 summit in Brisbane.

The speech had been billed as dealing with American leadership in Asia and instead was full of ­material designed to embarrass Abbott.

Since then, the Abbott government has felt absolutely zero subjective good will for Obama.

This is an outlook shared by many American allies.

It’s important to get all the distinctions right here.

The Abbott government operates foreign policy in Australia’s national interest.

That includes full fidelity to the American ­alliance and to supporting US strategic leadership.

But the Obama administration has neither the continuous presence, nor the tactical wherewithal nor the store of goodwill or personal relationships to carry Canberra, or other allies, on non-essential matters.

The Obama administration has tried to convince both its friends and ­allies not to join the China Bank.

This was probably a bad call in itself, but, as so often with the Obama administration, it was a bad call badly implemented.

The characteristically bad implementation has helped shred Obama’s diplomatic credibility.

The Chinese have been the US’s best friends in Asia, diplomatically. Their territorial aggressiveness in the East and South China Seas has driven Asia to embrace America’s security role more tightly than ever.

The American military are now the best American diplomats in Asia by far.

Such prestige as the US enjoys in Asia these days rests disproportionately on the shoulders of the US military.

Obama has neglected and mistreated allies and as a result Washington has much less influence than previously.

The saga of the China Bank is almost a textbook case of the failure of Obama’s foreign policy.

*  *  *

As we have detailed recently, Australia is in trouble economically and its pivot to China makes perfect self-preservatn sense… as Sheridan notes:

Obama treats allies shabbily and as a result he loses influence with them and then seems perpetually surprised at this outcome.

The Asian professionals in Washington regard the Obama administration as particularly ineffective in Asia.

The consensus is that the Obama White House is insular, isolated, inward-looking, focused on the President’s personal image and ineffective in foreign policy.

* * *

De-dollarization continues… As Simon Black recently concluded, now we can see words are turning into action..

Britain and Australia might be too polite to tell the US straight up– “Look, you have $18.1 trillion in official debt, you have $42 trillion in unfunded liabilities, and you’re kind of a dick. I’m dumping you.”

So instead they’re going with the “it’s not you, it’s me” approach.

But to anyone paying attention, it’s pretty obvious where this trend is going.

It won’t be long before other western nations jump on the anti-dollar bandwagon with action and not just words.

*  *  *

Bottom line: this isn’t theory or conjecture anymore. Every shred of objective evidence suggests that the dollar’s dominance is coming to an end.

http://www.zerohedge.com/news/2015-03-16/colossal-defeat-obama-australia-joins-chinas-regional-bank

Crude Plunge Sends Energy Stocks Soaring ~ ZeroHedge


Ed. Note: WTF? Everything’s turned inside out and upside down.

So, now that oil prices are lower, when are we going to see retail prices lower to reflect decreased shipping costs? Here in Hawaii where everything is outrageously expensive due to “shipping costs”, we’ve seen virtually no difference in prices since January when oil prices plunged. I imagine it’s the same on the mainland…and for that matter, everywhere else too.

Blessings, {~A~}

Tyler Durden's picture

The new “paranormal”…

Makes perfect sense…

 

Now where have we seen this before?

Charts:Bloomberg

http://www.zerohedge.com/news/2015-03-16/crude-plunge-sends-energy-stocks-soaring

When It Becomes Serious, First They Lie – When That Fails, They Arrest You


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Submitted by Charles Hugh-Smith of OfTwoMinds blog,

When lying is no longer enough to gain compliance, then the organs of security are unleashed on dissent and resistance.

“When it becomes serious, you have to lie.” Jean-Claude Juncker simply gave voice to what the world’s leaders practice on a daily basis, because now it’s always serious.
And why is it now serious? Persuading tax donkeys and debt serfs that everything is going their way is now impossible without lies. Persuading the populace that the leadership is working on their behalf was jettisoned in the wake of the 2008 bailout of bankers and parasites.
Stripped of the artifice that they care about anything other than preserving the wealth of their cronies, global political leaders now rely on propaganda: narratives designed to manage expectations and perceptions, bolstered by carefully tailored official statistics.
Reliance on lies erodes legitimacy. As the rich get richer and the burdens on tax donkeys and debt serfs increase, the gulf between the official happy-story narrative and reality widens to the breaking point, and faith in the narrative and the leadership espousing it declines.
When 20% of the populace no longer believe the lies and begins questioning the state’s enforcement of the status quo, the government devotes its resources to punishing dissenters and resisters. Whistleblowers are charged with trumped-up crimes; those publicly refuting the status quo’s narrative of lies are harassed and discredited, and those who resist state enforcement of parasitic cronyism are set up, beaten, entrapped, investigated, interrogated and arrested once suitably Kafkaesque charges can be conjured up by the apparatchiks of enforcement.
Why 20%? It’s the Pareto Distribution (the 80/20 rule): the 20% of any populace that accepts a new trend, technology or narrative has an outsized influence over the other 80%.
Governments operate on the premise that propaganda and threats will always be enough to cow their populaces into compliance and bribes will induce complicity.When lies, bribes and threats no long work, the state unleashes its full pathological powers on dissent.
The last mass campaign of political suppression in the U.S. occurred in the late 1960s and early 1970s, when resistance to the war of choice in Vietnam reached mainstream proportions.
The U.S. government was accustomed to manipulating and managing the populace with very simple propaganda: Communism is our deadly enemy, we must fight it everywhere on the planet, etc. But when thousands of American service personnel started coming home in body bags from the latest “we must fight Communism everywhere because it’s dangerous to us” war in East Asia, this simplistic justification made no sense: what existential threat to the U.S. did a Communist Vietnam pose?
The U.S. has faced only two existential threats to its sovereignty since 1860: World War II (1941-45) and the potential for a nation-destroying nuclear war with the Soviet Union. The idea that the U.S. was existentially threatened by falling dominoes in East Asia was always ludicrous, and the U.S. status quo (the political leadership, the Deep State, private industry profiting from war, etc.) soon abandoned the absurd justification.
Vietnam was always more of a domestic-politics issue than a geopolitical one: the Democrats feared being perceived as being “weak on Communism” because that impacted the results of elections. Throwing treasure and American lives away in Vietnam was pure domestic politics from 1961-68 (once mired, Democrats feared being tagged as the party that “lost Vietnam”), and thereafter the treasure and lives were sacrificed on the equally contrived Nixon-Kissinger policy of avoiding losing geopolitical face with a withdrawal that amounted to surrender.
Though it is not well known, the Federal Bureau of Investigation (FBI) was ordered to devote essentially all its resources to suppressing dissent in these years. Teams assigned to organized crime were reassigned to track down draft resisters and other political malcontents.
COINTELPRO was a vast program devoted to illegally entrapping, beating up and undermining any and all political resistance to the war and the government’s increasingly heavy-handed oppression of dissent.
Simply put: when lies no longer work, governments freak out and devote their resources not to eliminating wars of choice, cronyism and corruption but to suppressing dissent and resistance to those policies.
The U.S. government has always been free to pursue wars of choice with its professional military, with little risk of widespread political blowback. A variety of “splendid little wars” have been waged, generally for conquest or enforcement of hemispheric hegemony. The government’s success in rallying the nation during World War II instilled a false confidence that merely raising the flag of existential threat would be enough to eliminate dissent and elicit compliance in the masses.
Vietnam was the first time the American public went through the process of buying the usual “threat” justification for war, questioning the threat and eventually rejecting the state’s narrative. The government responded by lashing out at its own citizenry, engaging in a full spectrum of illegal and blatantly immoral actions designed not to right wrongs or fix broken policies, but to suppress dissent and resistance to destructive policies and broken systems.
The U.S. government is not unique in this; on the contrary, all governments, by their very nature as concentrations of coercive power, will pursue the same path. Rather than confess the government is operated by cronies, for cronies, the machinery of the state will increasingly be turned on its citizenry.
Rendering unto Caesar that which is Caesar’s is no longer enough; abiding by the laws of the land are no longer enough. What the state demands is not just compliance with its countless laws and regulations, but absolute obedience to its narratives and policies.
Anyone who withholds obedience is quickly deemed a traitor–not to the nation or its Constitution, but to the state itself, which is ultimately a collection of cronies and self-serving vested interests protecting their fiefdoms at the expense of the citizenry.
When lying is no longer enough to gain compliance, then the organs of security are unleashed on dissent and resistance.This process is well under way in nation-states around the world.
If I had to pick the two key operative dynamics of the next 20 years, I would choose:
1. The over-expansion and implosion of credit/debt bubbles.
2. The over-reach of the central state as it seeks to win the hearts and minds of its people by ruthlessly suppressing dissent.
The two dynamics are of course causally connected. Central states depend entirely on credit bubbles for their financial survival, and on enforcing increasingly untenable official narratives for their legitimacy.
Both are unraveling, and will continue to unravel, no matter how many state resources are thrown at the symptoms of political illegitimacy, rather than at the root causes of that illegitimacy.

The Chinese Buy Billboards Announcing The Renminbi As “The New World Currency” ~ ZeroHedge


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Submitted by Simon Black via Sovereign Man blog,

When I arrived to Bangkok the other day, coming down the motorway from the airport I saw a huge billboard – and it floored me.

The billboard was from the Bank of China. It said: “RMB: New Choice; The World Currency”

Given that the Bank of China is more than 70% owned by the government of the People’s Republic of China, I find this very significant.

It means that China is literally advertising its currency overseas, and it’s making sure that everyone landing at one of the world’s busiest airports sees it. They know that the future belongs to them and they’re flaunting it.

And it’s true. The renminbi’s importance in global trade and as a reserve currency is increasing exponentially, with renminbi trading hubs popping up all over the world, from Singapore to London to Luxembourg to Frankfurt to Toronto.

Multinational companies such as McDonald’s are now issuing bonds in renminbi, and even sovereign governments are issuing debt denominated in renminbi, including the UK.

Almost every major global player out there, be it governments or major multinationals, is positioning itself for the renminbi to become the dominant reserve currency.

But here’s the thing. Nothing goes up and down in a straight line. And China is in deep trouble right now. The economy is slowing down and the enormous debt bubble is starting to burst.

A lot of people, including the richest man in Asia, are starting to move their money out of the country.

So while the long-term trend is pretty clear – China becoming the dominant economic and financial superpower – the short-term is going to look incredibly rocky.

We talk about this in today’s short podcast with Sovereign Man’s Chief Investment Strategist, Tim Staermose, which includes a few ways to actually make money from China’s short-term unwinding.

Here’s exactly how you can profit from China’s short-term unwinding: Click HERE for detailed podcast…

 

http://www.zerohedge.com/news/2015-03-04/chinese-buy-billboards-announcing-renminbi-new-world-currency

In “Paranormal” Europe, Banks Will Pay You To Borrow, And Charge You To Save


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A month ago, we wrote about a bizarre situation involving Denmark’s now totally broken monetary system, where as a result of an unprecedented scramble to weaken the currency in order to preserve the peg to the Euro the central bank unleashed a historic rate-cutting scramble, where in 4 consecutive rate cuts its pushed the interest rate to an unheard of -0.75% (while at the same time being the first modern central bank to unveil what we dubbed “Bizarro Backdoor QE“). The culmination of this series of events was the surreal realization by some debtors that the bank would now pay them the interest on their new or existing mortgage.

The insanity was only compounded when one considers that in the vast majority of European countries, depositors are already (or will soon) pay for the “privilege” of providing banks with unsecured funds (in the US, JPM recently also started charging some customers – mostly corporate and hedge funds- for holding their deposits).

In short, this is what Europe has become: savers – those who diligently put away the fruits of their labor – are now forced to pay, using banks as an intermediary, and subsidize the the debtor: spenders, who live beyond their means, and who in increasingly more frequent situations are now paid to take out even more debt! Call it monetary socialism.

Which is probably why with a one month delay, none other than the NYT decided to cover precisely this topic with “In Europe, Bond Yields and Interest Rates Go Through the Looking Glass

Here is the story in a nutshell, shown with pictures so even central bank idiots and other economist PhDs will get it:

A Denmark bank will pay Eva Christiansen, left, $1 a month for taking out a loan. Ida Mottelson’s bank will charge her to hold her money:

The key highlights from the NYT story:

At first, Eva Christiansen barely noticed the number. Her bank called to say that Ms. Christiansen, a 36-year-old entrepreneur here, had been approved for a small business loan. She whooped. She danced. A friend took pictures.

“I think I was so happy I got the loan, I didn’t hear everything he said,” she recalled.

And then she was told again about her interest rate. It was -0.0172 percent — less than zero. While there would be fees to pay, the bank would also pay interest to her.

* * *

… some corporate bonds, which are generally deemed less creditworthy than government bonds, are falling into the negative territory, including some issued by Nestlé and Novartis, a Swiss pharmaceutical company. While they did not initially have negative yields, investors bid up their prices after they were issued. “This is obviously a once-in-a-lifetime and once-in-history phenomenon,” said Heather L. Loomis, a managing director at JPMorgan Private Bank, who specializes in bonds, “and it is hard to make sense of it.”

Ms. Christiansen, a sex therapist, took out a loan to finance a website called LoveShack that is part matchmaking site, part social network. For her, the full novelty of her loan didn’t sink in until a spokeswoman for the bank called her back.

“She said, ‘Hi, Eva, they have contacted us from TV 2’ — it’s a big station in Denmark, one of the biggest — ‘and they would like to talk to you because of this loan,’” Ms. Christiansen said. “Then I was really like, ‘O.K., this is big.’”

She said she was generally aware of what the Danish central bank was doing, but fuzzy on the specifics and had not paid close attention to the issue until she realized she might be asked about it in front of a camera.

“When I was contacted by the television, I was like, ‘O.K., I need to know something,’” she said, laughing, during an interview at her office, where two distant windmills were visible outside the windows. “So I actually called my bank adviser and said, ‘Can we please have a meeting?’ Because all these financial terms, I’m not used to them,” she said. “If I talk about something, I’d like to know something about it.”

* * *

Some other Danes are facing a related, if somewhat opposite, issue.

Last month, Ida Mottelson, a 27-year-old student, received an email from her bank telling her that it would start charging her one-half of 1 percent to hold her money. “At first I thought I had misunderstood this, but I hadn’t,” she said.

Ms. Mottelson is studying for a master’s degree in health sciences, and lives in Odense, a city about 100 miles west of Copenhagen. She said she had been following the news about the central bank, but called her own bank just to make sure she was reading the email correctly.

“I asked him supernaïvely, ‘Can you explain this to me?’ And he tried, but I got the feeling he was like, come on, just move the money and you’ll be fine.”

She does plan to move her money to another bank. “I’m not an expert,” Ms. Mottelson said, “but to me it sounds so weird that you have to pay to have your account at a bank.”

You are right, Ms. Mottelson: it is. And it will only get much weirder from here. Because we have now gotten so far past the looking glass into a world in which the central banks have broken every correlation and logical relationship so profoundly, that nothing makes sense any more; whoever, before the now inevitable grand reset when everything finally collapses under the unsustainable weight of the global house of cards, things will only going get even stranger.

And while we have been lamenting all of this years in advance, all of which we predicted would happen back in June 2012, we are delighted that even the mainstream media has once again, with the usual two to three year delay, caught up with what Zero Hedge readers knew long, long ago.

These are strange times for European borrowers, as if a wormhole has opened up to a parallel universe where the usual rules of financial gravity are suspended. Investors lent Germany nearly $4 billion this week, knowing they would not be fully repaid. Bonds issued by the Swiss candy maker Nestlé recently traded in the market for more than they will ever be worth.

Consumers loans and mortgages with interest rates that are outright negative remain rare, and Ms. Christiansen appears to be one of the few who actually received one while banks mull how to proceed. Some other Danes are getting charged to park their money in their bank accounts.

* * *

Such paranormal financial episodes are taking place all across Europe.

Indeed, call it the new “paranormal”, and thank the central-planners for bringing the world to the edge, and beyond, of reason, where nothing makes sense any more. But don’t worry, because this time it’s different, and there will be a happy ending for everyone involved…

http://www.zerohedge.com/news/2015-02-27/paranormal-europe-banks-will-pay-you-borrow-and-charge-you-save

Former heads of failed bank Kaupthing receive the heaviest jail sentences for financial fraud in Iceland’s history


By Staff

  • Convicted From left, chairman Sigurður Einarsson, CEO Hreiðar Már Sigurðsson, CEO of Luxembourg branch Magnús Guðmundsson and investor Ólafur Ólafsson. Photo/Vísir.is

The Supreme Court of Iceland sentenced today four former heads of failed bank Kaupthing to jail for their role in market manipulation of share prices in Kaupthing bank in 2008.

Former CEO, Hreiðar Már Sigurðsson, received a five-and-a-half year long sentence, which is the heaviest sentence for financial fraud in Iceland’s history.

Former chairman, Sigurður Einarsson, received a four-year sentence, Magnús Guðmundsson, former CEO of the bank’s Luxembourg branch, got four-and-a-half years and so did investor Ólafur Ólafsson, who was a leading shareholder in the bank.

The four men were convicted for conspiring to try to manipulate Kaupthing’s share price by claiming that sheikh Mohammed Bin Khalifa al-Thani, a Qatar royal, had risked his own money by buying a 5% stake in the bank for 155 million UK pounds in September, only weeks before the bank collapsed in October 2008.

At the time of the investment the bank’s chairman, Sigurður Einarsson, told English newspaper the Guardian that the bank’s strategy of increasing the diversity of its shareholder base had proved “fruitful”.

However it later surfaced that it was the bank itself that was indirectly buying the shares and now the four men who conceived that strategy are going to jail for a long time.

Kaupthing was one of Iceland’s big three banks that crashed in the autumn of the 2008. The other two were Glitnir and Landsbankinn. All three are still in winding-up proceedings.

http://icelandmag.com/article/former-heads-failed-bank-kaupthing-receive-heaviest-jail-sentences-financial-fraud-icelands

Ed. Note: Excuse me, while I applaud Iceland for jailing the banksters – meager sentences of only 4-5 yrs are a slap on the hand when taking into consideration the number of lives that were destroyed when Iceland’s three biggest banks failed. In addition to light sentences, if Iceland’s penal system is like the U.S., they’ll do time at minimum security facility and if they’re good boys and behave themselves, they’ll get out early for good behavior.

To deter future corruption, the justice system must deliver sentences that fit the crime…period. These bozo’s will likely get out in 2-4 yrs and be back to living the life of Reilly on money stashed in foreign accounts.

On the bright side, Iceland sets a precedent – the time to jail the banksters is long overdue.

Prepare-We are at the Verge of Collapse Says Jonathan Cahn Author of Mystery of the Shemitah


Best-selling author Jonathan Cahn says you better get ready for “a great shaking.” Cahn, whose new book titled “Mystery of the Shemitah,” says, “The Bible says a prudent man prepares. What do you do? I am not a financial expert, but I will speak for myself . . . in general, I would not be putting my stock in the stock market or have things attached to it. . . . You should also have essentials in store so if there is a collapse of not only markets but of infrastructure and services, and these things should break down, that you would be okay for this time period. I am not a survivalist. I am more of a revivalist. . . . We say things will always work perfectly, and I don’t believe things will always work perfectly. I believe we are at the verge of collapse.”

How do you get ready for this collapse? Cahn, who is a Christian minister, says, “The first thing is if you are listening to this and you are not right with God, get your life right because America is rapidly accelerating into a moral collapse and a spiritual collapse.”

Join Greg Hunter as he goes One-on-One with Jonathan Cahn, best-selling author of “The Harbinger,” and “Mystery of the Shemitah.” – http://usawatchdog.com/great-shaking-…

Zero Hedge – Ten Banks, Including JPM, Goldman, Deutsche, Barclays, SocGen And UBS, Probed For Gold Rigging


zero-hedge-dot-com-red

Submitted by Tyler Durden on 02/23/2015
No matter how many times the big banks are caught red-handed manipulating precious metals, some failed former Deutsche Bank prop-trader (you know who you are) will take a vociferous stand based on ad hominem attacks and zero facts that no, what you see in front of you is not precious metal rigging at all but a one-off event that has nothing to do with a criminal banking syndicate hell bent on taking advantage of anyone who is naive and dumb enough to still believe in fair and efficient markets.

The last time this happened was in November when we learned that “UBS Settles Over Gold Rigging, Many More Banks To Follow”, and sure enough many more banks did follow, because in Europe, where the stench of gold market manipulation stretches far beyond merely commercial banks, and rises through the central banks, namely the BOE and ECB, culminating with the Head of Foreign Exchange & Gold at the BIS itself, all such allegations have to be promptly settled or else the discovery that the manipulation cartel in Europe involves absolutely everybody will shock and stun the world, which heretofore was led to believe that such things as gold market (not to be confused with Libor or FX) manipulation only exist in the paranoid delusions of a few tinfoil fringe-blogging lunatics.

However, as usually happens, someone always fails to read the memo that when it comes to gold-market manipulation one must i) find nothing at all incriminating if one is a paid spokesman for the entities doing the manipulation such as former CFTC-sellout Bart Chilton or ii) if one can’t cover it, then one must settle immediately or else the chain of revelations will implication everyone.

This time, that someone is the US Department of Justice, which as the WSJ just reported, is investigating at least 10 major banks for possible rigging of precious-metals markets. The DOJ is shockingly doing so “even though European regulators dropped a similar probe after finding no evidence of wrongdoing, according to people close to the inquiries.” Of course, the reason why said probe was dropped in Europe is because it would have implicated virtually the entire trading desk at the biggest and most important European bank: Deustche Bank, as well as the biggest bank in Switzerland, UBS and UK’s own Barclays, reveal a manipulation cartel rivaling even that of Libor. And once traders at the commercial banks turned sides and squealed for the prosection, well then it would be the central banks’ turn next. Which is why it was imperative to bring this investigation to a quiet end.

But not in the US.

According to the WSJ, “prosecutors in the Justice Department’s antitrust division are scrutinizing the price-setting process for gold, silver, platinum and palladium in London, while the Commodity Futures Trading Commission has opened a civil investigation, these people said. The agencies have made initial requests for information, including a subpoena from the CFTC to HSBC Holdings PLC related to precious-metals trading, the bank said in its annual report Monday.

HSBC also said the Justice Department sought documents related to the antitrust investigation in November. The two probes “are at an early stage,” the bank added, saying it is cooperating with U.S. regulators.

Who is involved in this latest gold-rigging scandal? Why everyone! … which makes it immediately obvious why the European regulator had to promptly cover up the whole affair. Under scrutiny are Bank of Nova Scotia , Barclays PLC, Credit Suisse Group AG , Deutsche Bank AG , Goldman Sachs Group Inc., J.P. Morgan Chase & Co., Société Générale SA, Standard Bank Group Ltd. and UBS AG , according to one of the people close to the investigation.

Robert Hockett, a law professor at Cornell University, said it is “not particularly surprising” that the Justice Department is plowing ahead despite the decision by European regulators. Recent scrutiny of big banks’ operations in the physical commodities markets and criticism of the Justice Department’s financial-crisis track record make it “quite understandable” that the agency would investigate allegations of precious metals price-rigging.

Last year, the FCA fined Barclays £26 million ($40.2 million) for lax controls after one of its traders allegedly manipulated the gold fix at the expense of a client.

Swiss regulator Finma settled last year allegations of foreign-currency manipulation with UBS. The regulator said it found “serious misconduct” among precious-metals traders at UBS, including “front running,” or trading ahead of, the silver-fix orders of one client. A spokeswoman for UBS, which said at the time that it “instituted significant cultural and compliance changes,” declined further comment.

You mean to say that the banks that were for decades rigging Libor… and FX… and bonds… and stocks… oh, and gold, were let go with a slap on the wrist and a promise to “change their ways” and not to do it again? Yup, that’s exactly right.

So what happens next? Well, we finally will find just how much of a banker-controlled muppet the so-called US attorney general truly is. Recall that a week ago he gave his subordinates 90 days to being cases against individuals for their role in the financial crisis.

Well here is the perfect opportunity. Should Holder let this latest mass criminal ring go without any incarecration, one can officially stick a fork in the US justice system, which is meant for everyone, but the rule-flouting bankers who can clearly get away with absolutely anything.

As for the rigging in the gold market, rigging which begins with the lowliest prop-traders at Deutsche Bank and involves every single central bank and High Frequency trading outfit and is now a proven fact, we have explained over the years and thousands of times just how to end it all, so instead of wasting readers’ time on this topic yet again, here are just two very simple solutions how to fix this one particular market:

@StockCats

all trading in “paper” gold should cease immediately and all contracts be settled in physical for true price discovery
3:53 PM – 24 Feb 2015
@StockCats

audit Fort Knox
4:08 PM – 24 Feb 2015
So simple, even the most corrupt US Attorney General caveman can do it.

http://www.zerohedge.com/news/2015-02-23/ten-banks-including-jpm-goldman-deutsche-barclays-socgen-and-ubs-probed-gold-rigging

ZeroHedge ~ HSBC Bank: Secret Origins To Laundering The World’s Drug Money


GREAT find Andre, thanks for the link…mahalo!

Tyler Durden's picture

Submitted by the Drug Trafficking & Narco-Terrorism Department of GreatGameIndia

HSBC Bank : Secret Origins To 26/11 Mumbai Attacks

#SwissLeaks what the media has termed it is a trove of secret documents from HSBC’s Swiss private banking arm that reveals names of account holders and their balances for the year 2006-07. They come from over 200 countries, the total balance over $100 billion. But nowhere has the HSBC Swiss list touched off a more raging political debate than in India.

That’s why to obtain and investigate the Indian names, The Indian Express partnered in a three-month-long global project with the Washington-based International Consortium of Investigative Journalists (ICIJ) and the Paris-based Le Monde newspaper. The investigation revealed 1,195 Indian HSBC clients, roughly double the 628 names that French authorities gave to the Government in 2011. The new revelation— published as part of a global agreement — is expected to significantly widen the scale and scope of the ongoing probe by the Special Investigation Team (SIT) appointed by the Supreme Court.

For years, when banks have been caught laundering drug money, they have claimed that they did not know, that they were but victims of sneaky drug dealers and a few corrupt employees. Nothing could be further from the truth. The truth is that a considerable portion of the global banking system is explicitly dedicated to handling the enormous volume of cash produced daily by dope traffickers.

Contrary to popular opinion, it is not “demand” from the world’s population which creates the mind destroying drug trade. Rather, it is the world financial oligarchy, looking for massive profits and the destruction of the minds of the population it is determined to dominate, which organized the drug trade. The case of HSBC underscores that point. Serving as the central bank of this global apparatus, is HSBC.

2009 CIA Map of Drug Trade Routes

* * *

East India Company Origins

The opium trade began in the early 1700s as an official monopoly of the British East India Company, which conquered India, and ran it on behalf of the British Crown and the financiers operating through the City of London. Indian-grown opium became a key component in the trade for tea and silk in China.  The East India Company had a thriving business selling British textiles and other manufactured products in India, and selling Chinese silk and tea in Britain. But the Company ran into problems with the opium end of the trade. The influx of opium caused major problems for China, and led the Emperor to issue an edict in 1729 prohibiting opium consumption. Then, in 1757, the Emperor restricted all foreigners and foreign vessels to a trading area in the port city of Canton. A stronger edict in 1799 prohibited the importation and use of opium under penalty of death.

None of this stopped the British from continuing to flood China with opium, creating millions of addicts, but it did cause the East India Company to protect its tea and silk trade by shifting its Chinese opium operations to nominally independent drug runners who bought opium legally from the East India Company in Calcutta, and smuggled it into China. The most prominent of these drug-running firms was Jardine Matheson & Co. It was founded in 1832 by two Scotsmen, William Jardine and James Matheson.  Jardine had been a ship’s surgeon with the East India Company, while Matheson was the son of a Scottish baronet. The firm today is controlled by the Keswick family. In 1839, the Chinese Emperor launched an anti-opium offensive, which included the confiscation of all opium stocks in the hands of Chinese and foreign merchants. The merchants put up a fight, but were ultimately forced to concede, turning in their opium stocks after being indemnified against losses by British officials.

In response, however, the British launched a propaganda campaign against China, accusing it of violating Britain’s right to “free trade.” Britain sent its fleet to China, to force the Chinese to capitulate to the opium trade. The action, known as the First Opium War, resulted in the Treaty of Nanking in 1842, under which China not only capitulated to the opium trade, but also agreed to pay reparations to the opium runners and gave the British control of the island of Hong Kong. However, the treaty did not specifically legalize opium, so the British launched a second Opium War, which resulted in the 1856 Treaty of Tientsin, which legitimized the opium trade and opened China up to foreigners even more.

As the opium and other trade with China expanded, Britain’s new territory of Hong Kong became a major imperial commercial center. The opium dealers gathered together to form a bank, the Hongkong and Shanghai Bank, as the financial flagship of the British opium trade. Over time, the bank—now known as HSBC—would extend its reach into the drug fields of the Middle East and Ibero-America, as befitting its role as the financial kingpin of Dope, Inc.

Role of Secret Societies

In 1783 Lord Shelbourne launched the Chinese opium trade with Scottish merchants from the East India Company and members of the House of Windsor-allied Knights of St. John Jerusalem.

Shelbourne’s chief propagandist was Adam Smith who worked for East India Company, which emerged from the slave-trading Levant Company and later became known as Chatham House, home to the powerful Royal Institute for International Affairs (RIIA). In 1776 the high seas pirate Adam Smith wrote Wealth of Nations, which became the bible of international capitalism.

In the Far East the British organized the Chinese Triad Society, also known as the Society of Heaven and Earth, to smuggle their opium.  Beginning in 1788 the Freemason Grand Lodge of England established lodges in China, one of which was the Triad Society.  Another was known as the Order of the Swastika.

In 1839 William Jardine- a Canton-based opium trafficker- steered Britain into the first Opium War after Chinese officials confiscated his stash. The second Opium War lasted from 1858-1860.  Lord Palmerston commanded both expeditions for the Brits.  He was also the High Priest of Scottish Rite Freemasonry in the British Empire.

Throughout the 19th century the British families of Matheson, Keswick, Swire, Dent, Inchcape, Baring and Rothschild controlled the Chinese heroin traffic.  The Inchcape’s and Baring’s Peninsular & Orient Steam Navigation Company (PONC) transported the dope around the world.

To the US West Coast, the families brought Chinese coolies to build JP Morgan’s railroads, slave laborers who were kidnapped (shanghaied) by the Triads.  The Triads came along too, setting up opium dens in San Francisco and Vancouver and using a network of Chinatowns as a channel for heroin.  This network exists today.  To the US East Coast the families brought African slaves and cotton.  These same families built plantations and became kings of southern cotton on the backs of shanghaied Africans.

The American families Perkins, Astor and Forbes made millions off the opium trade.  The Perkins’ founded Bank of Boston, which is today known as Credit Suisse First Boston.  The Perkins and Morgan families endowed Harvard University.  William Hathaway Forbes was a director at Hong Kong Shanghai Bank shortly after it was founded in 1866.  John Murray Forbes was the US agent for the Barings banking family, which financed most of the early drug trade.  The Forbes family heirs later launched Forbes magazine. Steve Forbes ran for President in 1996.  John Jacob Astor invested his opium proceeds in Manhattan real estate and worked for British intelligence.  The Astor family home in London sits opposite Chatham House.

These families launched the Hong Kong Shanghai Bank Corporation (HSBC) after the second Opium War as a repository for their opium proceeds.  HSBC, a subsidiary of the London-based HSBC Holdings, today prints 75% of Hong Kong’s currency, while the British Cecil Rhodes-founded Standard Chartered Bank prints the rest.  HSBC’s Hong Kong headquarters sits next to a massive Masonic Temple.

Freemasonry is a highly secretive society, making it an ideal vehicle for global drugs and arms trafficking.  According to 33rd Degree Mason Manly Hall, “Freemasonry is a fraternity within a fraternity – an outer organization concealing an inner brotherhood of the elect…the one visible and the other invisible.  The visible society is a splendid camaraderie of ‘free and accepted’ men enjoined to devote themselves to ethical, educational, fraternal, patriotic and humanitarian concerns.  The invisible society is a secret and most august fraternity whose members are dedicated to the service of an arcanum arcandrum (sacred secret).”

Wealth derived from selling this Chinese opium during British colonial rule, helped build many landmarks on India’s west coast. The Mahim Causeway, The Sir JJ School of Art, David Sassoon Library and Flora Fountain, landmarks in modern Mumbai, were built by prominent Parsi and Jewish traders from profits made by a flourishing opium and later cotton trade with China.

Prominent families from Mumbai’s past, names that adorn today’s famous institutions such as the Wadia’s, Tata’s, Jejeebhoy’s, Readymoney’s, Cama’s and Sassoon’s sold opium to China through the British. By the end of the nineteenth century, when the opium trade went bust, cotton from India’s western state of Gujarat, which had already developed strong trade links with Canton profited. The Paris’s ploughed profits from the trade with the Chinese back into India, setting up several schools, hospitals and banks. Historical records prove that some of India’s prominent Parsi traders at the time, were founders of the Hong Kong and Shanghai Banking Corporation (HSBC) founded in 1865. For a detailed report read Rothschild colonization of India.

It is this deadly opium empire that Gandhiji was very much conscious about and spoke out against for which he was jailed in 1921 by India’s British rulers for “undermining the revenue”. Having seen generations of Chinese youths rendered docile and passive Gandhijis was concerned over opium and its deadly effects on India which is clear from his letters. These opium production activities ran until 1924 in India and were stopped with the heroic efforts of Mahatma Gandhi who first agitated to remove opium production from India and destruction of China using Indian soil. Finally the British transferred the entire production to Afghanistan in 1924 handing the production to southern Afghani tribals which after 90 years became the golden crescent of opium production. Though the production is in the hands of Afghan tribals the distribution finance market control is still exercised by the same old British business houses or their proxies.

Afghan Opium for Bankers and Terrorists

There is a general impression that Afghanistan has always been the center of opium production. In fact, it has not. Prior to the Soviet invasion in 1979, opium production in Afghanistan was less than 1,000 tons; that grew to 8,200 tons (based on conservative UN Office on Drugs and Crime/UNODC figures) in 2008. Throughout this period, Afghanistan was in a state of war. Following the Soviet invasion, the anti-Soviet powers, particularly, the US, UK, and Saudi Arabia, began generating larger amounts of drug money to finance much of the war to defeat the Soviets. Since 1989, after the Soviet withdrawal, there has been an all-out civil war in Afghanistan, as the US-UK-Saudi-created mujahideen dipped further into the opium/heroin money.

What was happening in Afghanistan during this period that caused opium production to soar to those levels? History shows that the US invasion in 2001 came close to wiping out the Taliban forces; the Afghan people, at least at that point in time, because of the Pakistani-Saudi links to the Taliban and the oppressive nature of the Wahhabi-indoctrinated regime, supported the invading American and NATO forces. That began to change in 2005.

The year 2005 is important in this context, since one of the most damning parts of the US Senate report details HSBC’s relationship with the Saudi-based Al Rajhi Bank, a member of Osama bin Laden’s “Golden Chain” of important al-Qaeda financiers. The HSBC-Al Rajhi relationship has spanned decades; perhaps that is why, even when HSBC’s own internal compliance offices asked that it be terminated in 2005, and even when the US government discovered hard evidence of Al Rajhi’s relationship with terrorism, HSBC continued to do business with the bank until 2010.

In fact, the report said, Al Rajhi’s links to terrorism were confirmed in 2002, when US agents searched the offices of a Saudi non-profit US-designated terrorist organization, Benevolence International Foundation. In that raid, agents uncovered a CD-ROM listing the names of financiers in bin Laden’s Golden Chain. One of those names was Sulaiman bin Abdul Aziz Al Rajhi, a founder of Al Rajhi bank.

Recently an operation by German Customs official revealed that the British Queen financed Osama Bin Laden. German officials in an operation raided two containers passing through Hamburg Port and seized 14,000 documents establishing that Osama bin Laden was funded by UK Queen’s bank Coutts, which is part of the Royal Bank of Scotland.

HSBC & 26/11 Mumbai Attacks

Why did HSBC not terminate its links with the Al Rajhi in 2005? The answer lies in what was then put in place in Afghanistan to generate large amounts of cash. When it comes to opium/ heroin and offshore banks, Britain rules supreme. In 2005, poppy fields in southern Afghanistan began to bloom, and it became evident to the bankers and the geo-politicians of Britain and the US that cash to support the financial centers and the terrorists could be made right there.

It was announced on Jan. 27, 2006 in the British Parliament that a NATO International Security Assistance Force (ISAF) would be replacing the US troops in Helmand province as part of Operation Herrick. The British 16 Air Assault Brigade would make up the core of the force. British bases were then located in the districts of Sangin, Lashkar Gah, and Gereshk.

As of Summer 2006, Helmand was one of the provinces involved in Operation Mountain Thrust, a combined NATO/Afghan mission targeted at Taliban fighters in the south of the country. In July 2006, the offensive essentially stalled in Helmand, as NATO (primarily British) and Afghan troops were forced to take increasingly defensive positions under heavy insurgent pressure. In response, British troop levels in the province were increased, and new encampments were established in Sangin and Gereshk. In Autumn 2006, some 8,000 British troops began to reach “cessation of hostilities” agreements with local Taliban forces around the district centers where they had been stationed earlier in the Summer, and it is then that drug-money laundering began in earnest.

This drug money, at least a good part of it, is generated in this area with the help of Dawood Ibrahim, who also played a role in helping the Mumbai attackers by giving them the use of his existing network in Mumbai. At the time, Ibrahim worked on behalf of the British, and ran his operation through the British-controlled emirate of Dubai. Drugs came into Dubai through Dawood’s “mules,” protected by the Pakistani ISI and British MI6; the dope was shipped in containers which carried equipment sent there for “repair” from Kandahar and elsewhere in southern Afghanistan. British troops controlled Helmand province, where 53% of Afghanistan’s gargantuan 8,200 tons of opium was produced in 2007.

The drugs were converted, and still are today, to cash in Dubai, where Dawood maintains a palatial mansion, similar to the one he maintains in Karachi. Dubai is a tax-free island-city, and a major offshore banking center. The most common reason for opening an offshore bank account is the flexibility that comes with it.

With the development of the Dubai International Financial Centre (DIFC), which is the latest free-trade zone to be set up there, flexible and unrestricted offshore banking has become big business. Many of the world’s largest banks already have significant presence in Dubai – big names such as Abbey National Offshore, HSBC Offshore, ABN Amro, ANZ Grindlays, Banque Paribas, Banque de Caire, Barclays, Dresdner, and Merrill Lynch, all have offices in the Emirate already.

In addition to Dubai, most of the offshore banks are located in former British colonies, and all of them are involved in money laundering. In other words, the legitimization of cash generated from drug sales and other smuggled illegitimate goods into the “respectable banks” is the modus operandi of these offshore banks. The drugs that Dawood’s mules carry are providing a necessary service for the global financial system, as well as for the terrorists who are killing innocents all over the world.

In December of 2007, this Britain-run drug-money-laundering and terrorist-networking operation was about to be exposed when Afghan President Hamid Karzai learned that two British MI6 agents were working under the cover of the United Nations and the European Union behind his back, to finance and negotiate with the Taliban. He expelled them from Afghanistan. One of them, a Briton, Michael Semple, was the acting head of the EU mission in Afghanistan and is widely known as a close confidant of Britain’s Ambassador, Sir Sherard Cowper-Coles. Semple now masquerades as an academic analyst of Afghanistan, and was associated with the Harvard Kennedy School’s Carr Center. The second man, an Irishman, Mervin Patterson, was the third-ranking UN official in Afghanistan at the time that he was summarily expelled.

These MI6 agents were entrusted by London with the task of using Britain’s 7,700 troops in the opium-infested, Pushtun-dominated, southern province of Helmand to train 2,000 Afghan militants, ostensibly to “infiltrate” the enemy and “seek intelligence” about the lethal arms of the real Taliban. Karzai rightly saw it as Britain’s efforts to develop a lethal group within Afghanistan, a new crop of terrorists.

The drug money thus generated to fund the financial centers and terrorists through HSBC was also responsible for ongoing terrorist attacks that have destabilized most of South Asia. The most important of these was the massive attack on Mumbai.

The mode used to launder such drug money is through diamonds. A 2003 Report assessed various alternative financing mechanisms that could be used to facilitate money laundering and or terrorist financing. Trading in commodities, remittance systems, and currency were assessed on each of their abilities to earn, be moved, and store value. Diamonds were the only alternative financial device that fit into all of these assessment criteria.

Diamonds can be vulnerable for misuse for money laundering and terrorist financing purposes because they can transfer value and ownership quickly, often, with a minimal audit trail. They provide flexibility and an easy transportation of value.

Top diamond traders of the country, several of whom are now settled abroad, figure on what the media calls as the #SwissList, with mostly Mumbai addresses given. Many persons on the list are Gujarati diamond merchants with offices all over world having roots in Palanpur.

However their involvement in not just limited to money laundering. Almost 6 months before 26/11 2008 Mumbai Attacks the Financial Intelligence Unit of India (FIU-IND) (the central national agency responsible for receiving, processing, analyzing and disseminating information relating to suspect financial transactions) was already tracking the diamond industry for suspicious activities by terrorists.

“A year ago, some people from Mumbai began purchasing diamonds worth crores of rupees. When the industry tried to trace the traders, they turned out to be non-existent,” said Vanani.

The FIU traced all foreign transactions of Surat’s diamond industry, especially those emanating from Belgium. It found that a great deal of money was being invested by terrorist groups.

However in May 2014 eight of these Belgium based diamond dealers were given a clean chit by the Income Tax department in the black money case. The I-T department said a probe was initiated against the eight individuals, but there was no proof of tax evasion by them. Why is the Government reluctant in disclosing Black Money related data; be it NDA and even UPA before it ? For a detailed report on the issue read 26/11 – The Black Money Trail.

From the Far East to the Middle East to Ibero-America to India, everywhere the drug trade is flourishing, you will find HSBC. It may not handle the dope, but it does handle the money, making sure that the “citizens above suspicion” who run the empire get their cut of the proceeds.  Now HSBC has been caught red-handed laundering money in the U.S., India, China, Argentina almost everywhere the sun shined through the colonies. This is a bank which has abused us, assaulted our people, and violated the law with abandon. Isn’t it time we set an example and revoke its charter to do business here in India ?

Strawman Trust Understood (Kiri Campbell’s Exchange System) | The End of Debt Slavery? Perhaps…You Decide


Ed. Note: Interesting developments with Kiri Campbell, at this point it’s probably a good idea to see what happens. I wouldn’t bank on anything right now…

Also, I had a difficult time posting this article without running off into the columns…it happens. Much love and aloha! Annette

February 11, 2015

Note from Brian: this article contains a substantial amount of research and information which proves, beyond the shadow of a doubt, that humanity does in fact operate within a global slavery system designed to control the population through debt and banking. Much of this information is not new. However, it will be new to many. The content of this post, specifically the links to supporting articles and videos are a great starting point for any friends or family who are new to this information, or even on the fence still trying to figure out what to believe. 

If there is too much information here and the reader is not interested in diving into all of it, I suggest scrolling to the middle where I share a quote from Colonel Edward Mandell House, providing verifiable evidence of the gross coercion at play behind the scenes in the build up to the creation of the Federal Reserve. This quote alone will likely inspire digging into the rest of the material presented here. To the people who may end up reading this content and diving into this material for the first time, this information will be shocking at the very least. Before you get mad, angry or upset, please understand that there is a light at the end of the tunnel. As you read this post, this system, designed to control and manipulate the masses for the benefit of the few is failing. In fact, the whole reason for me putting this out now, is to highlight recent developments which lead myself and many others to believe, this failure may be taking place sooner rather than later. Be strong. Keep the Faith. We are all in this together. Humanity will prevail. Our destiny guarantees it. Namaste ~BK

For live real time updates, make sure to check out http://www.consciousconsumernetwork.tv. The world’s first alternative media live streaming news platform.

This is a long story that spans back nearly two years. In fact, it spans back to the dawn of the Federal Reserve and the installment of debt into modern day money mechanics. For those with a reasonable level of awareness of how the debt and money system works, this will be pretty simple to grasp. For everyone else, in order for this information to make any level of remote sense, a significant amount of research and digging will be in order. I will do my best to provide a few links and videos to help initiate that process.

Before I do so, let me say this. It is easy to judge that which we do not understand. This is the type of high profile story, with global ramifications beyond which my mind can even fathom at this point, which will undoubtedly bring with it a great deal of judgment, criticism and skepticism. So be it. Goes with the territory. This story needs to be told and I will do whatever I can in my power to help get the message out. Wayne Dyer once said, “the ultimate form of ignorance is when you reject something you don’t know anything about.”

So, before you reject, seek to understand.

This article I put out back in August, 2013 is a great start: http://briankellysblog.blogspot.com/2013/08/kiri-campbells-innocence-web-of-lies.html.

Within that article, there are also links to a few other key blog posts, which provide a substantial amount of additional data to help illustrate the underlying story and statement of facts presented herein. Here are the links to those two articles, previously posted here on this blog. To this date, these are the most widely read blog posts I’ve ever pieced together and have since been shared on hundreds of other blogs all over the internet.

Proof ALL Your Debt is PRE-PAID
The United States — A Private for Profit Federal Corporation — Bankrupt & has to Pay Our Bills

The following is an animated short video that went out back in 2010, called Meet Your Strawman. In just a few minutes the creators of the short have captured in a fun and playful way the concept of the strawman (the creation of the corporate fiction aka: YOU), as well as the story behind its creation.

For a deeper read into how the strawman works, I highly recommend reading Mary Elizabeth: Croft, How I Clobbered Every Bureaucratic Cash-Confiscatory Agency Known to Man, which can be read here. There are also free pdf versions available for download all over the internet by searching the title on Google.

http://briankellysblog.blogspot.com/2013/07/mary-elizabeth-croft-how-i-clobbered.html

Still not convinced?

This is a direct quote from Colonel Edward Mandell House, on the Federal Reserve System, as stated to then President, Woodrow Wilson.

Edward Mandell House On The Federal Reserve System

The Federal Reserve is the real (hidden) government of the United States Corporation. What is unknown to most Americans, is that Washington D.C. is merely the Federal Reserve System’s puppet.

“Passage of the Federal Reserve Act was a major milestone on the ‘road to serfdom’ that this entire progression outlines. The conspiratorial nature of matters is exemplified in comments by one of the major actors in the triumph of the Federal Reserve, Edward Mandell House, who had this to say in a private meeting with President Woodrow Wilson: 

[Very] soon, every American will be required to register their biological property in a national system designed to keep track of the people and that will operate under the ancient system of pledging. 

By such methodology, we can compel people to submit to our agenda, which will affect our security as a chargeback for our fiat paper currency. 

Every American will be forced to register or suffer being unable to work and earn a living. They will be our chattel, and we will hold the security interest over them forever, by operation of the law merchant under the scheme of secured transactions. 

Americans, by unknowingly or unwittingly delivering the bills of lading to us will be rendered bankrupt and insolvent, forever to remain economic slaves through taxation, secured by their pledges. 

They will be stripped of their rights and given a commercial value designed to make us a profit and they will be none the wiser, for not one man in a million could ever figure our plans and, if by accident one or two should figure it out, we have in our arsenal plausible deniability. After all, this is the only logical way to fund government, by floating liens and debt to the registrants in the form of benefits and privileges. 

This will inevitably reap to us huge profits beyond our wildest expectations and leave every American a contributor to this fraud which we will call ‘Social Insurance.’
‘Without realizing it, every American will insure us for any loss we may incur and in this manner; every American will unknowingly be our servant,
however begrudgingly.
The people will become helpless and without any hope for their redemption and, we will employ the high office of the *President of our dummy corporation to foment this plot against America.’” 

Editor’s Note: President, referring to the President of the United States of America AKA, the United States Corporation.”

Now that there is sufficient background in place, let’s fast forward to present day, February 11th, 2015. Last Friday a platform called Credit Xchange www.creditxchange.co.nz (website currently down to increase server capacity) was launched in New Zealand, by Kiri Campbell and her team of Freedom Fighters. Below is the first public announcement about this new program.

There is still much information coming out now as to how this system will work. Since I am still in the process of understanding its inner workings, I will hold back any explanations, so as to avoid unconsciously providing any misinformation.

I will say this. This development may not be “THE” answer. However, from my assessment it represents one of major importance. The likes of which, carrying the capacity to create a tsunami of positive change, likely to follow as a result.

Let me take this moment to send a HUGE thank you to Kiri Campbell and her team for your unwavering commitment and collective service to humanity. This is an exciting time to be alive and I’m honored to be sharing this mission of Operation Liberate Humanity with all of you who read this blog and beyond. Victory will be ours!

More on this coming soon…

In closing one of my favorite YouTube videos ever created to accompany the famous speech by Charlie Chaplin from the movie The Dictator:

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