WARNING: Alt Energy Insider — The Elite Are In A PANIC SGTreport.com


Prepare.

Presented without further comment.

For REAL News & Information 24/7:
http://sgtreport.com/
http://thelibertymill.com/

Music: “The Complex”
(http://www.incompetech.com) Licensed under Creative Commons “Attribution 3.0” http://creativecommons.org/licenses/b…

The content in my videos and on the SGTbull07 – SGTreport.com channel are provided for informational purposes only. Use the information found in my videos as a starting point for conducting your own research and conduct your own due diligence (DD) BEFORE making any significant investing decisions. SGTbull07 – SGTreport.com assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you.

James Turk: Money Bubble About to Pop ~ Greg Hunter


Gold expert James Turk thinks the biggest bubble of all is long past its expiration date. Turk thinks this bubble will end like all bubbles. Turk predicts, “This money bubble is going to pop. It has to because there is just too much debt in the world. That debt has to be reconciled and, ultimately, when you are reconciling debt, it gets back to the point about collateral on the balance sheets. There is just not enough good collateral to support all of this paper money circulating out there.”

Turk also says there is way too many paper promises for the actual physical gold that can be delivered. So, in the future, Turk says, “I see a lot of these promises to deliver gold being broken and, ultimately, the only way you are going to see this being resolved is with a much higher gold price.” How high? Turk estimates, “You’ve got to be looking back to the all-time highs of $1,900 or $2,000 per ounce. We are eventually going to take those out. It’s just a question of when we do it. It’s obvious it is going to happen because gold has been money for 5,000 years and, ultimately, people will come back to gold when they realize that all these promises of bankers and central bankers really cannot be fulfilled. So, it is just a question of when that reconciliation comes. In March of 1968, the dam broke and the gold price was released and the gold price climbed for another 12 years. When the gold price finally gets released this time around, it’s going to climb for many, many more years. It’s hard to say how high it can go, but relative to the amount of paper that’s out there . . . a price several times higher than what we have today seems very, very reasonable in the long run.”

Join Greg Hunter as he interviews James Turk of GoldMoney.com.

All links can be found on USAWatchdog.com in the “After the Interview” section of this post. http://usawatchdog.com/prolonged-gold…

One Furious Greek Sums It All Up: “My Country & Its People Are Falling Apart” ~ ZeroHedge


Tyler Durden's picture

Submitted by KeepTalkingGreece,

I am speechless. Not since yesterday or last week. I have been speechless since July 13th when the Greek left-wing coalition government agreed to burden the country and the people with a new loan, the third bailout for Greece since 2010 together with the strictest austerity program ever. I have been speechless ever since and for  more than a week I thought I cannot blog anymore. I took me time to swallow and absorb the shock. And still. I am unable to deal with it.

I am unable to comprehend how a left-wing government ended up signing the worst austerity program ever. For the simple reason that if a left-wing government signs such an agreement, what should I expect from a right-wing or a neo-liberal government to do? Raid my apartment, steal my kitchen pans, my pottery cats collection and my underwear? When the left-wing government signs such an agreement, we can say that the political system in Greece is over. And there is no alternative.

First, we blamed the creditors for wanting to crack down SYRIZA in order to avoid creating other examples of the same kind within the eurozone. Then we blamed again the creditors and specifically German finance minister Schaeuble and his Grexit plan: 5 years bailouts, 5 years temporary Grexit, before Greece could return to the markets. That was original tone by Schaeuble in 2011. Then we blamed the disagreement between the IMF and Germany in terms of “Greek debt relief”.  And finally we blamed the ‘dilettantism of the Greek government” that sent to Eurogroup its economic team to explain to Greece’s creditors, how the Eurozone should be changed. It took Varoufakis & Co two months to understand that creditors are not in the mood to listen to some economic theories and revolutionary manifestos but that they simply wanted their money back.  All our blames were right and wrong at the same time because the game was f;ixed’ form the very beginning.

When the Greek team started to work on its proposals, it was too late. Schaeuble was determined to kick Greece out of the euro and furthermore to ‘help it’ bridge the Grexit time with a loan of some 50 billion euros. Either way, with or without euro, with or without drachma, with or without Schaeuble or SYRIZA, the result is the same: a third bailout of 50-84 billion euro and another bailout program. There is no hope for this country, for the people – at least, for some of them.

I really don’t care,if Varoufakis wears tasteless shirts and why he wanted to ‘hack’ taxpayers’ numbers while sitting with his team of skilled hackers and childhood friends. Varoufakis is not my cup of tea. He never was. But while our Greek life is falling apart day by day, I have to read Varoufakis’ interview Nr 2034 explaining his game theory and his academic hypothesis, hi smother’s story and his cousins pain. Frankly, my dear, I don’t give a dam. Frankly, my dear, I’m fed up.

I am also fed up listening to opposition lawmakers complaining about the Parliament Speaker and claiming “Zoi Konstantopoulou is torturing MPs with her pedantism.” I honestly don’t give a dam. Frankly, my dear, I’m fed up to see ‘tortured’ MPs earning €5,000+ per month and enjoy tax-free, while the rest of us is literally bleeding: financially, psychologically, physically and morally.

Neither do I care whether SYRIZA is falling apart, whether the Prime Minister wants early elections in September in order to secure a clear majority in Parliament so that he can pass the austerity bills that lead to nowhere.

I am deaf to government ministers and party officials and opposition lawmakers debating on whether Varoufakis should be indict for high or for low treason.

I just don’t care. It doesn’t affect my life, not even a tiny little bit. I give neither a a whole dam nor half of it for this so-called Greek political agenda after July 13th.

What do I care about is to watch my country and the people falling into pieces. I see our Greek lives suffering another ‘internal devaluation’ minute by minute, day by day, week by week. When the 3. bailout deal will be sealed by 15 or 20 August I will be also able to say “I see our Greek lives suffering another ‘internal devaluation’ minute by minute, day by day, week by week, month by month, year by year.”

The 40% internal devaluation settled in Greece since 2010, experiences a new peak even though the 3rd bailout has not been signed yet. The Capital Controls imposed on June 29th in order to save the banks from draining, have ruined the lives of many Greeks. Friends of mine who have been working for more than two decades in private companies, were “sent to enforced holiday” together with the banks: their full time job turned into 1 or maximum 2 days work per week. That is 4 or 8 work days per month. In relation, their also salary plunged by end of July.  Many employees in the private sector saw their working hours and already low salaries been reduced. How can these people get along without income? Nobody cares and nobody talks about. Neither national nor international media talk about it. We whisper these hazardous circumstances  among ourselves. In quiet. Because we are ashamed. And we wonder endlessly.

Others, plagued by long term unemployment and no perspective to get a job or even a pension, felt obliged to sell their home. That’s not possible under capital controls. The selling amount will remain in the bank and it may even fall victim to “deposits haircut” by the end of the year. Another friend who needs to sell her second flat  – an inheritance – so that she has money to live, cannot sell it either. Ten years ago, the flat was worth 130,000 euro. Now, if she finds a buyer she will have to sell it for 45,000-50,000 euro. She is trying to sell it for the last 1.5 year. Not a single buyer came around the corner.

With the new Value Added Tax hikes, the amount we need to spend for our weekly basic groceries now extra 15-20 euro. “Just 15 euro?” one may ask. Yes. That’s a huge amount, if you don’t have it and you have kids to feed and bills to pay. The 50-euro banknote that will go for groceries will be missed at the end of the month. Bills will remain unpaid, the extra for a health emergency, for example, will simply be not there. It’s either eat or die.

In hospitals and public health care the situation is going from worse to worst. Shortage of doctors, of nurses, of administration personnel, of material. You need a portion of fluid iron? Average waiting time is 3 days. The same for special creams, for this and that. You need some cotton? “Oh, not so much, please, a tiny piece,” the nurse tells you politely. Sometimes, the drugs or creams never come, you get the prescription upon exiting the hospital.

In the night shift a single nurse is in charge for 40-50 patients, even in the public hospital they proudly call “the biggest in Greece, in the whole Balkans, indeed.”  Neither this nor the previous governments managed to raise the working hours of civil servants.

Patients that need night care need to hire a private nurse. They charge €8.5 per hour,  €55 for six and a half hours, and one nice green 100-euro banknote on Saturdays. Union rights as before the crisis. Is this the competitiveness the Troika has been talking about? They work at fixed shifts and by the clock: 11:00 pm to 5:40 am, for example. A 24-hours care will cost you more than 200 euro, the overtime they charge is without receipt. One day, the doctor sends you home, half fixed, half broken and totally broke. Then you will need to consult another doctor and get skilled caretakers at home, all paid by your own pocket. Or lay down and die.

A pair of low-pensioners next door with a bed-ridden and dementia-sick wife  have been going in and out the hospitals for the last 5 months. The woman needs 24/7 care but they cannot afford neither a caretaker or even better a care home for the elderly. Their last savings were spent on private nurses when the woman was hospitalized. The man was in shock and awe when he heard that they both will have 20-euro less because of the rises in health care contributions. The man was in such a shock that he forgot to go pick up their pensions on Friday. And on Monday.

And then I read about the Financial Crimes Units (SDOE) that have caught in flagranti tourism businesses with fake cash registers in Mykonos and Santorini. Cash registers that have not been registered to the tax office. The customer gets his receipt, but the businessman pockets the money without giving the state the V.A.T. or taxes. The Finance Ministry got alarmed from this new phenomenon of tax evasion by the evergreen smart “Greeks”.  But “personnel shortage” hinders a raid to all fake cash registers… One of the fake cash registers was located in Mykonos, two in Santorini, two of the richest islands of Greece. In fact: in the richest regions of the debt-ridden country with impoverished families and ruined economy.

And then, I get this damned feeling that I live on another planet in a far away universe. And I want to stay there forever. In a bubble. Away from this Greece, where half of its population starves and is in dire need and the other half, the ‘clever Greeks’ keep cheating and evading taxes and enjoy a real life of fake registration and exorbitant per hour charge, away from austerity agreements, Troika’s demands and the hateful “Mnimonia” (memoranda) as they take advantage of the shortages of the public system.

http://www.zerohedge.com/news/2015-08-04/one-furious-greek-sums-it-all-my-country-its-people-are-falling-apart

Greek Stocks, Economy Collapse, Suffer Worst Declines In History


Tyler Durden's picture

The Athens Stock Exchange reopened on Monday and unsurprisingly, some folks were selling.

Trading was suspended five weeks ago after PM Alexis Tsipras’ dramatic midnight referendum call precipitated capital controls and a lengthy bank “holiday.” Shares opened lower by nearly 23% and the country’s banks traded limit-down, which makes sense because they are, after all, largely insolvent. Here’s NY Times:

The Athens Stock Exchange plunged 22.8 percent when it reopened on Monday after a five-week shutdown imposed by Greek authorities as part of efforts to prevent a financial collapse.

Bank stocks, which are particularly vulnerable as Greek lenders are set for new recapitalization in the coming months, took a battering, falling by as much as 30 percent.

Although foreign investors face no restrictions in the Athens exchange, local traders can only use existing cash holdings to buy shares; they are prohibited from tapping local bank deposits to buy shares as the authorities seek to prevent capital flight.

Asked about the harrowing decline, European Commission spokeswoman Mina Andreeva had no comment but did say that Brussels has “taken note” of the reopening. Amusingly, she also said the decision was made by “competent” Greek officials. A ban on short-selling was due to expire on Monday but will be extended, an unnamed official told Reuters.

Meanwhile, monthly PMI data from Markit confirmed that the Greek economy suffered an outright collapse in July. Last month marked the 11th consecutive month of contraction, but it was the depth of the downturn that was truly shocking as the index plummeted to 30.2 from 46.9 in June. It was the lowest print on record. New orders plunged to 17.9 from 43.2.

“July saw factory production in Greece contract sharply amid an unprecedented drop in new orders and difficulties in purchasing raw materials,” Markit said. Here’s more from the report:

Record contractions were registered for almost all variables monitored by the survey, including output, new orders, employment and stocks. 

The drop in output in July was led by the capital goods sector, while there were also sharp contractions in the production of intermediate and consumer goods. The latest decrease in output was the seventh in successive months.

July’s sharp decrease in the level of new business at manufacturers surpassed the previous record set in February 2012. Panel members commented on the impact of capital controls on demand, and also cited a generally uncertain operating environment which further weighed on sales. A sharp and accelerated decrease in new export orders (also a series record) added to the overall reduction in new work. 

Manufacturers’ buying levels decreased to the greatest extent in the survey’s history in July. Panel member reports indicated that companies commonly faced difficulties sourcing inputs due to capital restrictions and the limited availability of some items. Accordingly, stocks of purchases contracted sharply on the month, as did postproduction inventories. 

The troubles goods producers had in obtaining inputs was further highlighted by a marked increase in average supplier delivery times. The degree of deterioration in vendor performance was by far the most pronounced in the series history. Panellists mentioned in particular the difficulty in receiving items from abroad. 

July’s survey signalled the steepest drop in factory employment ever recorded during the 16-plus years of data collection. 

Note that the commentary here underscores what we’ve been warning about since the imposition of capital controls; namely that an acute credit crunch would eventually lead to a shortage of imported goods.

The data is also emblematic of the sheer desperation that’s taken hold. “Although manufacturing represents only a small proportion of Greece’s total productive output, the sheer magnitude of the downturn sends a worrying signal for the health of the economy as a whole,” Markit’s Phil Smith said.

Yes it most certainly does, and indeed, as we noted last week, there may be no modern economy left in Greece by the time this is all over as many Greeks have already reverted to the barter system in an effort to grease the wheels of commerce and skirt the frozen banking system.

So in sum, a complete and total disaster on all fronts to start the week. And because this is Greece we’re talking about, we’ll give the last word here to Socrates:

Via Bloomberg and ForexLive:

Share price falls seen after open are logical given 5-week close Athens Stock Exchange CEO Socrates Lazaridis says in Bloomberg TV interview with Hans Nichols.

ASE doesn’t expect at this point in time any companies to express wish to move listing from Greek exchange.

Expects some shares to bounce tomorrow.

http://www.zerohedge.com/news/2015-08-03/greek-stocks-economy-collapse-suffer-worst-declines-history

LIBOR Scapegoat Found Guilty, Sentenced To 14 Years ~ ZeroHedge


Tyler Durden's picture
Update: Hayes has been sentenced to 14 years in jail.*  *  *

Tom Hayes, the former UBS trader standing trial for his role in manipulating LIBOR, was found guilty on eight counts in a London court. The jury, which deliberated for a week, was unanimous in its decision. To wit, from Bloomberg:

Former UBS Group AG and Citigroup Inc. trader Tom Hayes, the first person to stand trial for manipulating Libor, was found guilty of eight counts of conspiracy to rig the benchmark rate.

After a week of deliberations, jurors unanimously found that the 35-year-old conspired with traders at brokers to dishonestly game the London interbank offered rate to benefit his own trading positions.

As Bloomberg notes, Hayes is the first person to stand trial for rigging the benchmark and had contended that he only pleaded guilty in the first place because he had an intense fear of having to serve a lengthy prison sentence in the US.

Hayes was also quick to remind the court that the practice of gaming the submissions to benefit trading books was so ubiquitous as to be enshrined in an official LIBOR rigging guide called “Guide to Publishing Libor Rates” that was distributed to UBS employees. It was also revealed during the trial that Hayes has been diagnosed with Asperger’s syndrome, which means he tends to “only see the world in black and white” – apparently that was supposed to be seen as a mitigating factor.

In the end, it appears that the public needed a head (not literally we hope), and because prosecuting senior executives for such things is absolutely out of the question even when, as we saw last week with Anshu Jain, they were not only supportive of the practice but in fact physically moved desks around to facilitate it, Hayes will be the fall guy.

Or, as we put it in June: “Will Hayes’ quest to diffuse responsibility and bring down more senior executives with him succeed? Hardly.”

We’ll give Tom the last word here and although we’re not entirely sure what this quote means, we’re sure there’s a lesson in it somewhere:

“I’ve always wanted to do my job as perfectly as I could, whether I was cleaning a deep fat fryer or deboning a chicken. They always gave me those jobs because they knew there would be no chicken left on the bone and no fat left in the fryer.”

 


 

 

Why The U.S. Is the Next Greece: Doug Casey On America’s Economic Problems


Tyler Durden's picture

“With these stupid governments printing trillions and trillions of new currency units,” warns investor Doug Casey, “it’s building up to a catastrophe of historic proportions.” In an excellent brief interview with Reason magazine Editor-in-Chief Matt Welch, Casey expounds on the US noting that “as any institution gets larger and older it inevitably becomes corrupt and fails.” What to do? “I wouldn’t keep significant capital in banks,” he exclaimed, “most of the banks in the world are bankrupt. That didn’t stop the “brain dead” Greeks who left their money in banks as all the signs were on the wall, he notes as he addresses whether gold is a good investment in 2015, and offers back-handed bright side: Catastrophes create many opportunities to earn a profit.

 

Comex On The Edge? Paper Gold “Dilution” Hits A Record 124 For Every Ounce Of Physical


Tyler Durden's picture

Over the few days, we got what was merely the latest confirmation that when it comes to sliding gold prices, consumers of physical gold just can’t get enough.

As the Times of India reported over the weekend, India’s gold imports shot up by 61% to 155 tonnes in the first two months of the current fiscal year “due to weak prices globally and the easing of restrictions by the Reserve Bank. In April-May of the last fiscal, gold imports had aggregated about 96 tonnes, an official said.”

This follows confirmations previously that with the price of gold sliding, physical demand has been through the roof, case in point: “US Mint Sells Most Physical Gold In Two Years On Same Day Gold Price Hits Five Year Low“, “Gold Bullion Demand Surges – Perth Mint and U.S. Mint Cannot Meet Demand“, “Gold Tumbles Despite UK Mint Seeing Europeans Rush To Buy Bullion” and so on. Indicatively, as of Friday, the US Mint had sold 170,000 ounces of gold bullion in July: the fifth highest on record, and we expect today’s month-end update to push that number even higher.

But while the dislocation between demand for physical and the price of paper gold has been extensively discussed here over the years, most recently in “Gold And The Silver Stand-Off: Is The Selling Of Paper Gold And Silver Finally Ending?”, something unexpected happened at the CME on Friday afternoon which may be the most important observation yet.

Recall that in the middle of 2013, in an extensive series of articles, we covered what was then a complete collapse in Comex vaulted holding of registered (i.e., deliverable) gold.  At the time the culprit was JPM, where for some still unexplained reason, the gold held in the newest Comex’ vault plunged by nearly 2 million ounces in just six short months.

More importantly, the collapse in registered Comex gold sent the gold coverage ratio (the number of ounces of “paper” gold open interest to the ounces of “physical” registered gold) soaring from under 20 where, or roughly in line with its long-term average, to a whopping 112x. This means that there were a total of 112 ounces of claims for every ounces of physical gold that could be delivered at any given moment.

Gradually, the Comex raid was relegated to the backburner when starting in 2014 the amount of registered gold tripled from the upper 300k range to 1.15 million ounces one year ago, at which point the slide in Comex registered gold started anew.

Which brings us to Friday afternoon, also known as month end position squaring, when in the latest daily Comex gold vault depository update we found that while some 270K in Eligible gold had been withdrawn mostly from JPM vaults, what caught our attention was the 25,386 ounces of Registered gold that had been “adjusted” out of registered and into eligible. As a reminder, eligible gold is “gold” that can not be used to satisfy inbound delivery requests without it being converted back to registered gold first, which makes it mostly inert for delivery satisfaction purposes.

 

Most importantly, this 25,386 oz reduction in deliverable Comex gold from 376,906 on Thursday pushed the amount of registered Comex gold to an all time low: at 351,519 ounces, or just barely over 10 tons, registered Comex gold has never been lower!

 

Incidentally, as part of the month-end redemption requests, we saw a whopping 22% of the eligible gold in Kilo-bar format (where there is no registered, just eligible) be quietly whisked away from Brink’s vaults: unlike traditional ounce-based contracts, the kilo format traditionally serves as an indication of Chinese demand, and if withdrawals on par with those seen on July 31 persist, it will soon become clear that Chinese buyers are once again scrambling for the safety of gold now that their stock market bubble has blown up.

This covers the sudden surge in demand for physical gold as manifested by CME data.

Meanwhile, over in “paper gold” land, things remained unchanged: as shown in the chart below, the aggregate gold open interest rose modestly to 43.5 million ounces up from 42.9 million the day before.

 

While on its own, gold open interest – which merely represents the total potential claims on gold if exercised – is hardly exciting, as we have shown previously it has to be observed in conjunction with the physical gold that “backs” such potential delivery requests, also known as the “coverage ratio” of deliverable gold.

It is here that things get a little out of hand, because as the chart below shows, all else equal, the 43.5 million ounces of gold open interest and the record low 351,519 ounces of registered gold imply that as of Friday’s close there was a whopping 123.8 ounces in potential paper claims to every ounces of physical gold.

This is an all time record high, and surpasses the previous period record seen in January 2014 following the JPM gold vault liquidation.

Another way of stating this unprecedented ratio is that the dilution ratio between physical gold and paper gold has hit a record low 0.8%.

Indicatively, the average paper-to-physical coverage ratio since January 1, 2000 is a “modest” 19.1x. As of Friday it had soared to more than 6 times greater.

Which brings us to the usual concluding observations:

First: as we have said previously, at a time when all the gold selling (and naked shorting) is in the paper markets and when demand for physical gold is once again off the charts, with soaring purchases not only in India but also in the US, where is this gold going? Clearly not into CME gold vaults, which are once again a source of physical gold, and as the above shows, have never had less deliverable gold.

Second, total Comex gold has dropped to such precarious levels in the past and while on many occasions market observers have asked if the Comex is close to a failure to deliver, aka a default of the CME’s gold warehouse, it has always avoided such a fate. Still, one wonders: the 10+ tons of deliverable gold at the Comex are now worth a paltry $383 million. It would not be very complicated for a next generation “Hunt Brother” to buy some $400 million in Comex gold, and promptly demand delivery: after all the gold crash of two weeks ago saw some $2.7 billion in paper gold dumped in the most illiquid market – why can’t it be done in reverse. What would happen next is unknown, but unless somehow the Comex found a way of converting millions of ounces of Eligible gold into Registered, the CME would simply be unable to satisfy such a delivery request.

Third: while there are still over 7 million ounces of Eligible gold, why the recent spike in “adjustments” of eligible to registered gold (i.e., missing a warehouse receipt)?

Finally, we assume the mainstream press will once again start paying close attention to the total, and especially registered, gold held at the Comex: at a pace of 25K a day, the gold vaults that make up the CME’s vaulting system would be depleted in just under two weeks of daily withdrawals.

In any case, we are very curious to see how this latest dramatic face off in the long-running war between paper and physical gold, concludes.

http://www.zerohedge.com/news/2015-08-03/comex-edge-deliverable-gold-drops-record-low-124-ounces-paper-every-ounce-physical

TPP Ministerial Deadlock.”Good News for People on the Planet”. Worldwide Opposition to Trade Deal


http://www.globalresearch.ca/tpp-ministerial-deadlock-good-news-for-people-on-the-planet-worldwide-opposition-to-trade-deal/5466469

BUZZSAW: 2015 Bilderberg Conference Review: Collapse and False Flags with Daniel Estulin ~ TheLipTV


Nice find Keri! Reblogged from https://followingworldchange.wordpress.com

The 2015 Bilderberg conference is discussed with Daniel Estulin, who explores how the group is facing declining influence and hedging their bets against a global economic collapse. The tools of false flags and unrest that are being employed by the world’s elite, as well as the upcoming documentary on the Bilderbergs, and the possible catastrophic outcomes of the Iran Nuclear deal are explored. Learn about the Tavistock house, the growing power of the BRIC alliance, and if deindustrialization and population control are on the agenda of the elite in this Buzzsaw interview, hosted by Sean Stone.

GUEST BIO:
Daniel Estulin is an award winning investigative journalist and bestselling author of The True Story of the Bilderberg Group, published in 59 countries and translated into 34 languages. He was featured on Jesse Ventura’s Conspiracy Theory television show. He is currently the host of RT TV show, DESDE LA SOMBRA, and has a new documentary on the Bilderberg Group.

Chris Martenson “$40 Trillion Lost in Next Crash” ~ USA Watchdog Greg Hunter


Economic researcher Chris Martenson, who also holds an earned PhD in Toxicology, says watch China because the recent signs are not good. Martenson contends, “You get your early signals from the place that is closest to the true economic action, and China is the center of that. So, to me, watching commodities tank first, gyrations in the Chinese stock market second, says third, you better be prepared for a big deflationary event or a big crash. . . . This is the mother of all crashes because the crash of 2008 was actually a side show. . . . We are going to discover that, like all bubbles, you return from where you started. . . . That means $40 trillion will have to get wiped out in the U.S. market alone.”
Economic researcher Chris Martenson, who also holds an earned PhD in Toxicology, says watch China because the recent signs are not good. Martenson contends, “You get your early signals from the place that is closest to the true economic action, and China is the center of that. So, to me, watching commodities tank first, gyrations in the Chinese stock market second, says third, you better be prepared for a big deflationary event or a big crash. . . . This is the mother of all crashes because the crash of 2008 was actually a side show. . . . We are going to discover that, like all bubbles, you return from where you started. . . . That means $40 trillion will have to get wiped out in the U.S. market alone.”

Join Greg Hunter as he goes One-on One with Dr. Chris Martenson of PeakProsperity.com.

All links can be found in the “After the Interview” section of USAWatchdog.com http://usawatchdog.com/vicious-out-of…
Join Greg Hunter as he goes One-on One with Dr. Chris Martenson of PeakProsperity.com.

All links can be found in the “After the Interview” section of USAWatchdog.com http://usawatchdog.com/vicious-out-of…

Bix Weir: “You Don’t Own What You THINK You Own” SGTreport.com


Bix Weir from Road to Roota joins us for another wake up call. As hard as it is for some folks to understand, when it come to the stock market, and even your own home, you may not own what you think you own.

According to Zero Hedge, annual ETF trading has eclipsed the entire US GDP. That’s more than $18.2 TRILLION in annual trading volume on ETF assets which total a mere $2.1 TRILLION — further evidence that the “markets” are nothing more than a Ponzi scheme.

But it gets worse. Recounting the massive and blatant criminality of Wall Street, Bix reminds us the on a daily basis BILLIONS of shares are traded back and forth, and millions of those shares go unsettled. The DTCC is essentially a $19 TRILLION private bank which most people have never heard of. The DTCC is charged with settling all daily stock trades within three days, but because of computer and HFT trading the sheer volume of daily trading makes proper settlement virtually impossible. Adding to the confusion is the fact that CEDE & Co. is the secret entity behind the scenes which “owns” all of the shares. So when the system finally implodes you are likely to learn that you don’t own what you think you own.

For REAL News & Information 24/7:
http://sgtreport.com/
http://thelibertymill.com/

Music: “The Complex”
(http://www.incompetech.com) Licensed under Creative Commons “Attribution 3.0” http://creativecommons.org/licenses/b…

The content in my videos and on the SGTbull07 – SGTreport.com channel are provided for informational purposes only. Use the information found in my videos as a starting point for conducting your own research and conduct your own due diligence (DD) BEFORE making any significant investing decisions. SGTbull07 – SGTreport.com assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you.

The Greek Crisis – What You’re Not Being Told


Reblogged from FollowingWorldChange.wordpress.com

Published on Jul 7, 2015

There are several important variables to the Greek debt crisis that most people aren’t talking about.
Sources and transcript: htttp://stormcloudsgathering.com/the-gre­ek-crisis-what-youre-not-being-told

Venezuela Increasingly Looks Like A War Zone


Tyler Durden's picture

Over the years, we have repeatedly poked fun at the transformation of Venezuela into a “socialist utopia” – an economy in a state of terminal collapse, where the destruction of the currency (one black market Bolivar is now worth 107 times less than the official currency’s exchange rate) and the resulting hyperinflation is only matched be barren wasteland that local stores have transformed into now that conventional supply chains are irreparably broken.

Just this past Wednesday we showed a clip of what is currently taking place inside Venezuela supermarkets, noting that “the hyperinflationary collapse in Venezuela is reaching its terminal phase. With inflation soaring at least 65%, murder rates the 2nd highest in the world, and chronic food (and toilet paper shortages), the following disturbing clip shows what is rapidly becoming major social unrest in the Maduro’s socialist paradise… and perhaps more importantly, Venezuela shows us what the end game for every fiat money system looks like (and perhaps Janet and her colleagues should remember that).”

 

Unfortunately, while mocking socialist paradises everywhere is a recurring theme especially once they have completely run out of other people’s money to burn through, what always follows next is far less amusing – completely social collapse, with riots, civil war and deaths not far behind.

That is precisely what the video shown below has captured. In the clip, a demonstration against Venezuela’s poor transportation services quickly turned violent. End result: one person dead from a gunshot wound, more than 80 arrested and four shops looted on the Manuel Piar Avenue in San Felix.

What is most distrubing is how comparable to an open war zone what was once a vibrant, rich and beautiful Latin American country has become.

This is just the beginning: with the ongoing collapse of the economy, the resultant acts of social violence will only deteriorate and claim more innocent lives, until the “socialist utopia” ends as it always does: with the arrival of a military coup or a full blown civil war.

“Planetary Update” August 2015 ~ Mastering Alchemy by Jim Self


Every month, Jim Self “takes the pulse” of the energies currently affecting us and the planet.

Free eBook – The Shift — What it is… Why it’s Happening… How it’s Going to Affect You and The Mastering of Alchemy
by Jim Self
http://www.masteringalchemy.com/libra

Mastering Alchemy (sign up for our monthly newsletter and receive an invitation to Jim’s free webinar series)

http://www.masteringalchemy.com/newsl

Mastering Alchemy Facebook Page
http://www.facebook.com/MasteringAlch

Jim & Roxane’s Book – What Do You Mean the Third Dimension is Going Away? Why Now is the Time to Release Who You Are Not and Remember Who You Are
http://www.masteringalchemy.com/produ
– Also through Amazon
http://www.amazon.com/s/ref=nb_sb_ss_
– Barnes and Nobles
http://www.barnesandnoble.com/w/what-

Israelis Arrested in JPMorgan Hack Case – #NewWorldNextWeek ~ Corbett Report


Welcome to New World Next Week — the video series from Corbett Report and Media Monarchy that covers some of the most important developments in open source intelligence news.

This week:

Story #1: Arrests in Florida, Israel Tied to JPMorgan Hack
http://ur1.ca/nb8dd
Digital Misfits Link JPMorgan Hack to Pump-and-Dump Fraud
http://ur1.ca/nb8de
A Brief History of Israeli Spying in the US
http://ur1.ca/nbeww

Story #2: Her Very Lowness Shown Giving Nazi Salute in Leaked 1933 Home Movie
http://ur1.ca/nb8dg
Queen ‘Nazi salute’: British Film Institute Works with Buckingham Palace to Find Source of Leak
http://ur1.ca/nb8dh
UK Lord John Sewell Caught in Cocaine Party with Prostitutes
http://ur1.ca/nb8dn

Story #3: #GoodNewsNextWeek – Hay for Cheese? Barter Booms in Cash-Squeezed Rural Greece
http://ur1.ca/nb8dp
#MigrantCrisis Meets #GreekCrisis as Refugees Set Up Camp in Athens
http://ur1.ca/nb8dr

#NewWorldNextWeek Updates: Hospitals the #3 Killer in the United States
http://ur1.ca/nb8ds
Satanic Temple Unveils #Baphomet Statue in Detroit
http://ur1.ca/nb8du
Australia’s 60 Minutes Special on ‘Westminster Paedophile Network’
http://ur1.ca/nb8dy
#JadeHelm Psyop?: General Wesley Clark, the Mad Bomber of Belgrade, Wants to Intern Disloyal Westerners
http://ur1.ca/nb8e0
#IranDeal Will Be ‘Competing in Europe Head-On With Russia’
http://ur1.ca/nb8e3
Russia Vetoes MH17 Tribunal Draft at UN Security Council
http://ur1.ca/nb8e4

Visit http://NewWorldNextWeek.com to get previous episodes in various formats to download, burn and share. And as always, stay up-to-date by subscribing to the #NewWorldNextWeek RSS feed or iTunes feed. Thank you.

Previous Episode: Pentagon Moving to Weaponize Space
http://ur1.ca/nb8e8

John Hogue ~ Entering a Century of Revolution ~ TimeMonkRadioNetwork



Audio File:
http://www.mediafire.com/download/pfd…
To Contact Paul, email him at: plane(at)timemonkradio(dot)com
To read more about Plane and this interview, please go to the following link
http://timemonkradio.com/threads/the-…
PTS~3138
2015 07 ~ 28
Time Monk Radio Network Interviews Presents:
The Plane Truth on TMRN Radio
http://www.farsight.org/
http://www.hogueprophecy.com/

Meanwhile In Venezuela… The Socialist Paradise Has Arrived ~ ZeroHedge


Tyler Durden's picture

As we recently warned, the hyperinflationary collapse in Venezuala is reaching its terminal phase. With inflation soaring at least 65%, murder rates the 2nd highest in the world, and chronic food (and toilet paper shortages), the following disturbing clip shows what is rapidly becoming major social unrest in the Maduro’s socialist paradise… and perhaps more importantly, Venezuela shows us what the end game for every fiat money system looks like (and perhaps Janet and her colleagues should remember that).

As we previously concluded, and seemingly confirmed by the above video,

Venezuela’s hyperinflation is reaching its final stages. It is probably already far too late for the government to stop the complete collapse of its currency. The bolivar is in the process of transforming from a medium of exchange to tinder for wood-stoves. Venezuelans who had the presence of mind to convert their savings into gold or foreign currency in good time are likely to survive the conflagration intact.

Those who bought stocks on the Caracas stock exchange seem to have successfully side-stepped the effects of the devaluation as well, but they need a plan for the post-inflation adjustment crisis, which will bankrupt a great many companies very quickly. Also, the government can simply close the market down at any time if it doesn’t like what is happening there, so there is the ever-present danger of even more government interference as well.

It is quite fascinating to see that in spite of numerous examples throughout history, governments never seem to learn. They all believe they can somehow overrule economic laws by diktat. This is not only true of Venezuela’s government, but of practically every government in today’s world. Central planning of money has been adopted everywhere. Venezuela merely shows us what the end game for every fiat money system looks like.

At some point the State is overwhelmed by the promises it has made to its citizens. When it can no longer pay by means of confiscating private wealth, the printing press is always the last resort. Recently one actually gets the impression that it is often the first, rather than the last resort.

In developed countries, people believe that the planners have everything in hand, and that their “price stabilization” rules will protect them from such outcomes. However, it should be clear that these rules will simply be abandoned in extremis. The independence of central banks exists only on paper – it will mean nothing in a perceived “emergency”. It is almost comical in this context that gold is being sold while most of the world’s major central banks are seemingly hell-bent on aping John Law’s Banque Générale Privée.

http://www.zerohedge.com/news/2015-07-29/meanwhile-venezuela-socialist-paradise-has-arrived

Total Collapse: Greece Reverts To Barter Economy For First Time Since Nazi Occupation ~ ZeroHedge


Tyler Durden's picture

Months ago, when Alexis Tsipras, Yanis Varoufakis, and their Syriza compatriots had just swept to power behind an ambitious anti-austerity platform and bold promises about a brighter future for the beleaguered Greek state, we warned that Greece was one or two vacuous threats away from being “digitally bombed back to barter status.”

Subsequently, the Greek economy began to deteriorate in the face of increasingly fraught negotiations between Athens and creditors, with Brussels blaming the economic slide on Syriza’s unwillingness to implement reforms, while analysts and commentators noted that relentless deposit flight and the weakened state of the Greek banking sector was contributing to a liquidity crisis and severe credit contraction.

As of May, 60 businesses were closed and 613 jobs were lost for each business day that the crisis persisted without a resolution.

On the heels of Tsipras’ referendum call and the imposition of capital controls, the bottom fell out completely as businesses found that supplier credit was increasingly difficult to come by, leaving Greeks to consider the possibility that the country would soon face a shortage of imported goods.

On Tuesday, we brought you the latest on the Greek economy when we noted that according to data presented at an extraordinary meeting of the Hellenic Confederation of Commerce and Entrepreneurship, retail sales have fallen 70%, while The Athens Medical Association recently warned that 7,500 doctors have left the country since 2010.

Now, the situation has gotten so bad that our prediction from February has come true. That is, Greece is reverting to a barter economy. Reuters has more:

Wild boar and power cuts were Greek cotton farmer Mimis Tsakanikas’ biggest worries until a bank shutdown last month left him stranded without cash to pay suppliers, and his customers without money to pay him.

Squeezed on all sides, the 41-year-old farmer began informal bartering to get around the cash crunch. He now pays some of his workers in kind with his clover crop and exchanges equipment with other farmers instead of buying or renting machinery.

Tsakanikas is part of a growing barter economy that some Greeks deplore as a step backward from modernity, but others embrace as a practical means of short-term economic survival.

When he rented a field this month, he agreed to pay with part of his clover production.

“It’s a nightmare. I owe many people money now – gas stations and firms that service machinery. I have to go to the bank every single day, and the money I can take out is not enough,” said Tsakanikas, who also grows vegetables and corn on 148 acres (60 hectares) of farmland.

“I’ve begun bartering in some forms – it existed in the past but now it is growing… Times have become really tough, and friends and relatives help each other out.”

So Greece, the birthplace of Western civilization and democratic governance, is now literally sliding backwards in history.

The nation – which has already suffered the humiliation of becoming the first developed country to default to the IMF and which was nearly reduced to accepting “humanitarian aid” from Brussels when a Grexit looked imminent a few weeks back – is now transacting in clover, hay, and cheese. Here’s Reuters again:

Tradenow, a Website started three years ago to facilitate barter of everything from food to technology, says the number of users and the volume of transactions have doubled since capital controls came into effect on June 29.

“Before capital controls, we were reaching out to companies to encourage them to register,” says Yiannis Deliyiannis, the company’s chief executive. 

“Now companies themselves are getting in touch with us to get registered.”

He rattles off a list of firms using the site to strike deals with suppliers: a car repairs shop that exchanged tyres with another firm for a new shower cubicle, a burglar alarm provider offering services in return for paper and advertising, an Athens butcher that trades daily meat supplies for services.

In the lush yellow and green fields outside Lamia dotted with cotton, peanut and olive groves, barter is also flourishing on an informal basis outside the online platforms.

Kostas Zavlagas, who produces cotton, wheat, and clover recounted how he gave bales of hay and machine parts to another farmer who did not have cash to pay him.

“He is going to pay me back in some sort of product when he is able to, maybe in cheese.”

Yes, “maybe in cheese”, but certainly not in euros, especially if the growing divisions within Syriza render Athens unable to pass a third set of prior actions through parliament next week.

Should the vote not pass, it’s not clear if Greece will be able to obtain the funds it needs to pay €3.2 billion to the ECB on August 20 – a missed payment would endanger the liquidity lifeline that is the only thing keeping any euros at all circulating in the Greek economy.

On the bright side, “barter has been a part of everyday life for Greeks for a long time” economist Haris Lambropoulos told Reuters. The only difference is that now, “it is a more structured and organised phenomenon.”

Maybe so, but this is one “structured and ordered phenomenon” that many Greeks would likely just as soon do without and indeed, the new barter economy is drawing comparisons to a period in Greece’s history that has gotten quite a bit of attention over the course of the last few months, and on that note, we’ll give the last word to Christos Stamatis, who runs the barter website Mermix:

“Of course, a barter economy is something that we shouldn’t aspire to and should be a thing of the past – the last time we had it on a large scale was when we were under [Nazi] occupation.”

http://www.zerohedge.com/news/2015-07-29/complete-collapse-greece-reverts-barter-economy-first-time-nazi-occupation

GLOBAL FEAR MEETS PEAK GOLD & SILVER ~ SGTreport.com


Andy Hoffman from Miles Franklin is back to document the global economic collapse for the final week of July, 2015.

With September looming, a month in which many have predicted the great collapse will begin in earnest, Andy and I cover the current state of affairs as the global economic situation deteriorates. First on the menu, the Chinese stock markets where despite $800 Billion in overt government intervention the bubble continue to burst, the ripple effect of which may soon be felt globally.

We also cover the current state of the PHYSICAL metals markets which Andy explains, “As we speak we are at record demand, we’re at record deliveries of physical gold around the world and inventories everywhere from the Comex to the Shanghai Exchange to the GLD etf are vanishing. In silver it’s beyond ridiculous, the US Mint keeps running out of silver. The perfect storm is hitting precious metals and the powers that be are doing everything in their power to kick the can that last mile.”

We also cover other critical news items from around the world including the never ending Fukushima nightmare, the secret UK government plan to unleash 5,000 armed soldiers on city streets, the rise of Donald Trump, and the fall of Abenomics.

For REAL News & Information 24/7:
http://sgtreport.com/
http://thelibertymill.com/

Music: “The Complex”
(http://www.incompetech.com) Licensed under Creative Commons “Attribution 3.0” http://creativecommons.org/licenses/b…

The content in my videos and on the SGTbull07 – SGTreport.com channel are provided for informational purposes only. Use the information found in my videos as a starting point for conducting your own research and conduct your own due diligence (DD) BEFORE making any significant investing decisions. SGTbull07 – SGTreport.com assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you!

Pope Francis ignites a revolt that will overthrow American capitalism


Note: Many Jesuit related dots are connecting right now. The Jesuits are appearing just about EVERYWHERE in the background, apparently trying to take control of the world during this time of change. Heather Tucci-Jaraff co-opted the ITNJ docs and it appears she’s in cahoots with the Pope. 

Reblogged from RemovingtheShackles

From Dani:

More and more pieces coming out, and more notice being given.  I know that you’re probably sick of hearing about the Vatican and his popyness, but THIS is an important article.  A LOT is being said.  This is from Marketwatch- about as main stream as you can get, AND a leading financial news site…. just think about that for a minute.

ON monday night on the Roundtable Discussion Lisa and I continued digging through the rabbit warren of ridiculousness: The Vatican et al.  This article came out the next day.  I just republished the Roundtable Discussion archive video HERE on RTS.

Read between the lines.  This is VERY interesting….

My highlights in blue as usual

d

http://www.marketwatch.com/story/pope-francis-leading-the-new-american-socialist-revolution-2015-07-20?siteid=yhoof2

Pope Francis ignites a revolt that will overthrow American capitalism

Published: July 21, 2015 11:30 a.m. ET

Yes, Pope Francis is encouraging civil disobedience, leading a rebellion. Listen closely, Francis knows he’s inciting political rebellion, an uprising of the masses against the world’s superrich capitalists. And yet, right-wing conservatives remain in denial, (no they are not…. it’s all part of the play) tuning out the pope’s message, hoping he’ll just go away like the “Occupy Wall Street” movement did. (D: well isn’t that an interesting reference?  Occupy Wall Street was created and funded BY Wall Street…. what does that say about the Pope’s revolution, eh?)

Never. America’s narcissistic addiction to presidential politics is dumbing down our collective brain. Warning: Forget Bernie vs. Hillary. Forget the circus-clown-car distractions created by Trump vs. the GOP’s Fab 15. Pope Francis is the only real political leader that matters this year. Forget the rest. Here’s why:

Pope Francis is not just leading a “Second American Revolution,” he is rallying people across the Earth, middle class as well as poor, inciting billions to rise up in a global economic revolution, one that could suddenly sweep the planet, like the 1789 French storming the Bastille.

Unfortunately, conservative capitalists — Big Oil, Koch billionaires, our GOP Congress and all fossil-fuel climate-science deniers — are blind to the fact their ideology is on the wrong side of history, that by fighting a no-win battle they are committing suicide, self-destructing their own ideology.

The fact is: The era of capitalism is rapidly dying, a victim of its own success, sabotaged by greed and a loss of a moral code. In 1776 Adam Smith’s capitalism became America’s core economic principle. We enshrined his ideal of capitalism in our constitutional freedoms. We prospered. America became the greatest economic superpower in world history.

But along the way, America forgot Smith’s original foundation was in morals, values, doing what’s right for the common good. Instead we drifted into Ayn Rand’s narcissistic “mutant capitalism,” as Vanguard’s founder Jack Bogle called the distortion of Adam Smith’s principles in his classic, “The Battle for the Soul of Capitalism.” The battle is lost.

Pope Francis, leader of the coming 21st Century American Revolution

In the generation since the Reagan Revolution, America’s self-centered, consumer-driven, mutant capitalism lost its moral compass, drifting: Inequality explodes, income growth stagnates, the poor keep getting poorer. Yet across the world, billionaires have explode from 322 in 2000 to 1,826 in 2015, with 11 trillionaire capitalist families predicted to control the planet by 2100.

But not for much longer, as Pope Francis’ revolution accelerates, as his relentless socialist message of sacred rights for all people makes clear. Why? Our mutating capitalist elite have triggered a massive backlash, a “profound human crisis, the denial of the primacy of the human person. The worship of the ancient golden calf has returned in a new and ruthless guise in the idolatry of money.” (D:  There is that word again:  “Idolatry”)

An aggressive Pope Francis is on a mission to transform the mutant ideology of today’s capitalist world with its rampant profits-centered climate-science denialism. Fortunately, the pope will soon confront and challenge America’s GOP Congress directly,  (September 24, 2015) then the United Nations General Assembly  (Sept 25th )to challenge the capitalist world’s failure to take climate change actions. Maybe they’ll finally wake up.

Pope Francis’ recent trip to South America revealed a clear anticapitalism, socialist message, calling for a “structural change to a global economy that runs counter to the plan of Jesus,” as reported in Time by Christopher Hale. Francis warned:

“The future of humanity does not lie solely in the hands of great leaders, the great powers and the elites.” The future “It is fundamentally in the hands of peoples and in their ability to organize. It is in their hands, which can guide with humility and conviction this process of change. I am with you.” The pope is warning all capitalists everywhere. As Jesus says in the Bible, the poor will always be with you, but the rich may not be after the coming revolution.

Yes folks, Pope Francis is a revolutionary destined to end up in the history books right up there with Lenin and Marx, Mao and Castro. He is obviously inciting revolution, wants civil disobedience and political insurrection, he is egging the poor into rebellion against a vastly outnumbered rich.

In fact, Francis has become one of the world’s great revolutionary leaders. He not only is inciting an uprising of the masses against wealthy capitalist billionaires, he’s out in front of the emerging global revolution, encouraging the masses, shouting battle cries, a leader in the tradition of Washington.

So the media should stop mistaking Francis’s congenial nature, his perpetual smile, dismissing his true intentions. His is an aggressive call to arms, a call for a global revolution attacking today’s out-of-control, consumer-driven “mutant capitalism,” a call to replace capitalism with a new economic socialism giving the poor “sacred rights” on par with the superrich.

Time’s Hale went on to outline the four “foundations” of the pope’s coming “revolution.” Hale covered the pope’s tour in South America in, “Pope Francis Isn’t Holding Back — And U.S. Politicians Should Watch Out.” In Bolivia Francis warned that global capitalism is a failure and needs a “structural change” because it runs “counter to the plan of Jesus.” Hale then added that “leaders of both parties might regret their invitation to the 78-year-old Jesuit pontiff” to address a historic joint session of Congress in two months. Five reasons make the warning quite obvious:

1. Socialism: Everyone has a sacred right to land, lodging and labor

“Pope Francis argued that everyone has a God-given right to have a job, to own land, and to have a home.” These rights go “well beyond the traditional social teaching of the Catholic Church, which argues for the dignity of work, but doesn’t go as far to say that everyone has a God-given right to have a job.” But clearly, Pope Francis says the poor do have inalienable “sacred rights” on par with those guaranteed in the U.S. Constitution. And clearly, Scott Walker and the GOP already deny a similar liberal agenda of “sacred rights” to a living wage, property and a home.

2. Humans, not capitalist profits, must be at the center of global economics

Pope Francis message is unambiguous: “Unbridled capitalism” has become a “subtle dictatorship,” is now the very “dung of the devil.” Ouch, that must hurt even the stone-cold Koch ego. Francis says that capitalism’s greedy “unfettered pursuit of money” is destroying the “common good,” setting a stage for revolutions. The pope urged the masses to “say no to an economy of exclusion and inequality, where money rules,” because capitalists will “destroy Mother Earth” in order to enrich the superrich elite. Yet another revolutionary call to battle.

3. Billions worldwide, cannot wait much longer for action

Earlier Pope Francis’ encyclical warned that “doomsday predictions” about climate “can no longer be met with irony, disdain” or dismissed without action. Now, Francis is aggressively pushing world leaders and humans everywhere to fight against all economic injustices against individuals. The clock’s ticking loudly, time is “running out: we are not yet tearing one another apart, but we are tearing apart our common home” here on Earth. Pope Francis also encourages people to start demanding, “We want change!” Remember the 1976 movie “Network”: where an anchorman gets listeners shouting, “I’m mad as hell and I’m not going to take this anymore!”

4. Revolutions begin with angry citizens, not politicians or philanthropists

Time’s Hale says the pope’s call for “structural change won’t be the result from any one political decision.” The pope understands that politicians rarely lead. Real change is triggered from below, by angry mobs, they get “caught up in the storms of people’s lives,” fired up, rebel, motivated to act, then revolutions ignite and move fast like a wildfire on jet fuel.

5. Warning: Socialism is now a moral obligation, a commandment to obey

Admit it, Pope Francis is clearly inciting people to rebel with his passionate, provocative and inspirational message, which triggers memories of Marx, yet is directly from the Gospels of Jesus: “Working for a just distribution of the fruits of the earth and human labor is not mere philanthropy,” not just a handout from capitalist billionaires.

Instead Pope Francis shifts our focus: The socialism is now “a moral obligation. And for Christians, the responsibility is even greater: it is a commandment. It is about giving to the poor and to peoples what is theirs as a sacred right.” And if we fail to do give it freely, do not be surprised when revolutions explode across Planet Earth.

Posted by D … Breaking The Silence at 23:47 No comments:

Email ThisBlogThis!Share to TwitterShare to FacebookShare to Pinterest

Labels: pope calls for revolution, pope francis, pope to overthrow capitalism., Socialism is now a commandment

The Roundtable Discussion- Monday July 20th Video and all the notes

Here is the Archive Video from Monday July 20th, The One People Roundtable Show.

I am posting all the info again here so that it’s all nice and neatly in one big pile, lol.  I’ve also included my Noahide law notes from my work room at the bottom.

d
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
We’ve been heading deep into the rabbit hole of the Vatican, Vatican Law, The Treaty of Verona and the Magna Carta, “The Crown”, the ISO, and the Grand Jubilee Shemitah.   It seems that for the past 2 months, not a week has gone by that we didn’t get handed yet another clue to all of this vastly convoluted mess.

On Monday night, July 20th, 2015, on the One People’s Roundtable Discussion, Lisa and I will be reviewing the past few pieces of the puzzle, and really taking a close look at this HUGE piece that I was sent  just before going live on air for the Transpicuous News Midweek Report this past Wednesday night.

In preparation for Monday nights show, I’ve laid out here several of the pieces that are all very relevant to our latest discussions ….. This is your Pre-Show Homework.

I’m not going to put it all in here (it would probably take me all weekend, lol), but I wanted to put out publicly several of the major pieces that have seemingly tied themselves together.  Oh so neatly.

At the end of June, Lisa and I discussed the ISO amendments on the Roundtable Discussion (video archive HERE) , and I published the Data dump from my workroom with all the info I had at that moment HERE.

The moment I read the June 19th ISO amendments, I immediately knew that this was a huge piece of the puzzle.   The June 19th ISO Amendment link is HERE.   The major part of the amendments was adding -for most of the country listings- (THE) to the beginning of the countries names.   Now, this wasn’t the only ISO amendment listed- I actually went back and got the master list from ISO for country amendments HERE.  At the bottom of this article I have embedded the actual Amendments Docs.

Here are the interesting amendments on the page:

With immediate effect, the following minor corrections are made to “Table A.1 – Currency and funds code list” (as advised by the ISO 3166 Maintenance Agency):

HOLY SEE (VATICAN CITY STATE) to
HOLY SEE (THE)

RUSSIAN FEDERATION to
RUSSIAN FEDERATION (THE)

UNITED KINGDOM to
UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND (THE)

UNITED STATES to
UNITED STATES OF AMERICA (THE)

The other interesting ISO Amendment happened back in 2014:

28 March 2014
ISO 4217 AMENDMENT NUMBER 158
With immediate effect, the following change is made to  “Table A.1 – Currency and funds code list” and “Table A.2 – Funds codes registered with the Maintenance Agency“:
Entity Currency Alphabetic code
Numeric code Minor unit
UNITED STATES US Dollar (Same day)
USS
998
2
The US Dollar (Same day) is no longer in use and therefore will be removed from the  ISO 4217 lists.
With immediate effect, the following change is made to  “Table A.3 – Codes for historic denominations of currencies and funds“:
Entity Currency Alphabetic code
Numeric code Minor unit
UNITED STATES US Dollar (Same day)
USS
998
2
……
Vatican City State (HOLY SEE) has been removed as it is a duplicate of the entry  HOLY SEE (VATICAN CITY STATE)
Really?  The ISO didn’t notice that they had a “duplicate entry” for Vatican City, that just happens to have a different corporate name….. for YEARS?!   Yea…. I think not.

During that Roundtable Discussion I said that I suspected that the changes to the names of the countries is because they are going to “bankrupt” the old corporations (and currencies), and the name changes reflected the new corporations that would be replacing the old bust ass broke ones.  Not only that, but the addition of the word (THE) to the names, is a statement of ownership BY the Vatican.  (thanx to Mel Ve for that lesson in Etymology!)…..

…. and now the Pope is openly stating that countries should be able to declare bankruptcy:

Francis stated, “if a company can declare bankruptcy, why can’t a country do so and we go to the aid of others?” Francis offered further comments noting that too many countries are struggling with high debts and he suggested a United Nations bankruptcy proposal could be the solution.‎

Debt Forgiveness? National Bankruptcy? And an nice shiny Jubilee to wrap it up all nicely.

Then we also have Pope Francis’ “leaked” Encyclical on June 15th (just in time for the anniversary of Magna Carta…. among other things), in which he calls for new Earth Constitution, a planetary court, and a global government…. to go along with his idea of a global currency that he talked about last year, no doubt.  All in the name of “Climate Change” & “Global Warming”.

…. Agenda 21 Anyone?

We’ll be digging into this and a lot more on this Monday night’s Roundtable Discussion, July 20th, at 11pm BDT/ 6pm EDT, LIVE Stream on CCN:  http://www.consciousconsumernetwork.tv/ccn-live/

And just to be completely clear to everyone:   in the past few days Kapersky’s antivirus  and Malwearbytes has decided that CCN is a dangerous site and they are now blocking people from being able to access it …. no matter what you do.   So if you are running either of those programs or having an issue getting CCN loaded, no worries: you can also watch CCN’s LIVE Stream here on Removing the Shackles, on lisamharrison.com , and on the CCN and RTS Facebook pages!!

d

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Pope Francis Calls for Global Bankruptcy Process

Jul 15, 2015 7 Comments

WASHINGTON – Pope Francis called for an international bankruptcy process in a news conference as he left Latin America on Monday. According to the Associated Press, when asked about the Greek debt crisis, Francis stated, “if a company can declare bankruptcy, why can’t a country do so and we go to the aid of others?” Francis offered further comments noting that too many countries are struggling with high debts and he suggested a United Nations bankruptcy proposal could be the solution.‎

“Pope Francis knows that heavy debt loads cause poverty and inequality,” said Eric LeCompte, who consulted the Vatican on its position. LeCompte is the head of the religious development organization Jubilee USA Network. “The Pope’s statement is a logical extension of the Catholic Church’s strong support of debt relief for struggling countries.”

Last year, LeCompte led a delegation of global Jubilee organizations to advise Vatican Secretary of State Cardinal Pietro Parolin on the need for a bankruptcy process to address inequality. The Catholic Church is a founder of Jubilee USA and supports its efforts to win debt relief for struggling countries.

In September of 2014, the United Nations General Assembly voted 124-11 to develop the bankruptcy process that Pope Francis referenced. LeCompte addressed the UN earlier this year on the creation of the process. This Fall, the United Nations is set to review progress on the proposal. Because International Monetary Fund (IMF) studies point to debt as a cause of inequality, the IMF is exploring aspects of a bankruptcy process based on an April 2013 paper. In addition to the debt crisis in Greece, nearly 50 countries‎ face worrying levels of debt distress according to World Bank statistics.

“A bankruptcy process is critical if we want less poverty and if we want to prevent financial crisis,” stated LeCompte, who consulted a recent United Nations Conference on Trade and Development road map that fed into the UN bankruptcy process. “Bankruptcy means less inequality and more global stability.”…..

Read the United Nations Conference on Trade and Development road map: ​​ Sovereign Debt Workouts: Going Forward Roadmap and Guide​.​

Read the IMF’s April 2013 paper on debt restructuring.

Jubilee USA Network is an alliance of more than 75 US organizations and 400 faith communities working with 50 Jubilee global partners. Jubilee’s mission is to build an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA has won critical global financial reforms and more than $130 billion in debt relief to benefit the world’s poorest people. www.jubileeusa.org

 
Notice the religious ties: Christian, Judaic, and Islamic

Jubilee (Christianity)

In Judaism and Christianity, the concept of the Jubilee is a special year of remission of sins and universal pardon. In the Biblical Book of Leviticus, a Jubilee year is mentioned to occur every fiftieth year, in which slaves and prisoners would be freed, debts would be forgiven and the mercies of God would be particularly manifest….

In Christianity, the tradition dates to 1300, when Pope Boniface VIII convoked a holy year, following which ordinary jubilees have generally been celebrated every 25 or 50 years; with extraordinary jubilees in addition depending on need. Christian Jubilees, particularly in the Catholic tradition, generally involve pilgrimage to a sacred site, normally the city of Rome…..

“Pre-History” of the Christian Jubilee[edit]

The year of Jubilee in both the Jewish and Christian traditions is a time of joy, the year of remission or universal pardon. In Mosaic law, each fiftieth year was to be celebrated as a jubilee year, and that at this season every household should recover its absent members, the land return to its former owners, the Hebrew slaves be set free, and debts be remitted (see Jubilee (Biblical)).

The same conception, spiritualized, forms the fundamental idea of the Christian Jubilee, though it is difficult to judge how far any sort of continuity can have existed between the two. It is commonly stated that Pope Boniface VIII instituted the first Christian Jubilee in the year 1300, and it is certain that this is the first celebration of which we have any precise record, but it is also certain that the idea of solemnizing a fiftieth anniversary was familiar to medieval writers, no doubt through their knowledge of the Bible, long before that date. The jubilee of a monk‘s religious profession was often kept, and probably some vague memory survived of those Roman ludi saeculares which are commemorated in the “Carmen Saeculare” of Horace, even though this last was commonly associated with a period of a hundred years rather than any lesser interval. But, what is most noteworthy, the number fifty was specially associated in the early 13th century with the idea of remission. The translation of the body of St. Thomas of Canterbury took place in the year 1220, fifty years after his martyrdom. The sermon on that occasion was preached by Cardinal Stephen Lantron, who told his hearers that this coincidence was meant by Providence to recall “the mystical virtue of the number fifty, which, as every reader of the sacred page is aware, is the number of remission.”

We might be tempted to regard this discourse as a fabrication of later date, were it not for the fact that a Latin hymn directed against the Albigenses, and certainly belonging to the early 13th century, speaks in exactly similar terms. The first stanza runs thus:

Anni favor jubilaeiPoenarum laxat debitum,Post peccatorum vomitumEt cessandi propositum.Currant passim omnes rei.Pro mercede regnum DeiLevi patet expositum. (The blessing of the year of jubilee releases the obligation of punishments. After sinners have been purged, the cause against them ends. All the guilty go free by the mercy of God’s kingdom, as set forth in the law of Levi.)

In the light of this explicit mention of a jubilee with great remissions of the penalties of sin to be obtained by full confession and purpose of amendment, it seems difficult to reject the statement of Cardinal Giacomo Stefaneschi, the contemporary and counsellor of Pope Boniface VIII, and author of a treatise on the first Jubilee, that the proclamation of the Jubilee owed its origin to the statements of certain aged pilgrims who persuaded Boniface that great indulgences had been granted to all pilgrims in Rome about a hundred years before. It is also noteworthy that in the Chronicle of Alberic of Three Fountains, under the year 1208 (not, be it noted 1200), we find this brief entry: “It is said that this year was celebrated as the fiftieth year, or the year of jubilee and remission, in the Roman Court.”,…

…..On 13 March 2015, Pope Francis announced a special jubilee on the theme of mercy to be held from 8 December 2015 until 20 November 2016,[7] and formally convoked the holy year through the papal bull of indiction, Misericordiae Vultus (The Face of Mercy), on 11 April 2015.

https://en.wikipedia.org/wiki/Jubilee_(Christianity)

‘Holy Year of Mercy’ will begin on December 8

Pope Francis has declared an Extraordinary Jubilee Year for the Church, calling it a “Holy Year of Mercy”.

The year will begin on December 8 2015, the 50th anniversary of the end of the Second Vatican Council, and conclude on November 20 2016, the Feast of Christ the King.

http://www.catholicherald.co.uk/news/2015/03/13/pope-announces-extraordinary-jubilee-year/

Summary of the “Misericordiae Vultus”, Bull of Indiction of the Extraordinary Jubilee of Mercy

April 12, 2015

……The granting of indulgences as a traditional theme of the Jubilee year is expressed in section No. 22. A final original aspect is offered by Pope Francis with regard to mercy as a theme shared also by Jews and Muslims: “I trust that this Jubilee year celebrating the mercy of God will foster an encounter with these religions and with other noble religious traditions; may it open us to even more fervent dialogue so that we might know and understand one another better; may it eliminate every form of closed-mindedness and disrespect, and drive out every form of violence and discrimination” (No. 23).

http://www.news.va/en/news/summary-of-the-misericordiae-vultus-bull-of-indict

Misericordiae Vultus

BULL OF INDICTION
OF THE EXTRAORDINARY
JUBILEE OF MERCY

http://w2.vatican.va/content/francesco/en/apost_letters/documents/papa-francesco_bolla_20150411_misericordiae-vultus.html

* The 2015/2016 Shemitah Jubilee is the 70th such jubilee spanning a 3500 year epochal cycle (70 jubilees x 50) within the Hebrew Calendar.  WE have discussed the Shemitah Jubilee in several of the last One People Roundtable Discussions, so I am not going to get into that aspect here today.

Pope Francis makes a law..destroys every Corporation in the world

Here: http://w2.vatican.va/content/francesco/en/motu_proprio/documents/papa-francesco-motu-proprio_20130711_organi-giudiziari.html

http://www.gold-shield-alliance.com/papal_decree

The Vatican created a world trust using the birth certificate to capture the value of each individual’s future productive energy.  Each state, province and country in the fiat monetary system, contributes their people’s value to this world trust identified by the SS, SIN or EIN numbers (for example) maintained in the Vatican registry.  Corporations worldwide (individuals became corporate fictions through their birth certificate) are connected to the Vatican through law (Vatican to Crown to BAR to laws to judge to people) and through money (Vatican birth accounts value to IMF to Treasury (Federal Reserve) to banks to people (loans) to judges (administration) and sheriffs (confiscation).

Judges administer the birth trust account in court matters favoring the court and the banks, acting as the presumed “beneficiary” since they have not properly advised the “true beneficiary” of their own trust.  Judges, attorneys, bankers, lawmakers, law enforcement and all public officials (servants) are now held personally liable for their confiscation of true beneficiary’s homes, cars, money and assets; false imprisonment, deception, harassment, and conversion of the true beneficiary’s trust funds.

***

The Importance of Motu Propria by Pope Francis

According to the New Advent Catholic Encyclopedia, Motu Propria in Latin stands for “of his own accord” and is the name given to an official decree by a Pope personally in his capacity and office as supreme sovereign pontiff and not in his capacity as the apostolic leader and teacher of the Universal Church. To put it more bluntly, a Motu Propria is the highest form of legal instrument on the planet in accordance to its provenance, influence and structure to the Western-Roman world, over riding anything that could be issued by the United Nations, the Inner and Middle Temple, the Crown of Great Britain or any other Monarch and indeed by any head of state or body politic. If you are a member of the United Nations, or recognized by the United States or the United Kingdom or have a bank account anywhere on the planet, then a Motu Propria is the highest legal instrument, no question.

In the case of the Motu Propria issued by Pope Francis on July 11th 2013, it is an instrument of several functions and layers.

In the first instance, it may be legally construed to apply to the local matters of the administration of the Holy See.

In the second instance, the document relates to the fact that the Holy See is the underpinning to the whole global system of law, therefore anyone holding an office anywhere in the world is also subject to these limits and that immunity no longer applies.

Thirdly, we see the Holy See and the Universal Church clearly separating itself from the nihilist world of the professional elite who continue, to be proven time and time again, to be criminally insane, bark raving mad and with no desire to do anything honorable until they are torn from power by anyone, any body who cares for the law.

The age of the Roman Cult, as first formed in the 11th Century and that hijacked the Catholic Church first formed by the Carolingians in the 8th Century, then the Holly Christian Empire or Byzantine Church by the 13th Century and the world at large by the 16th Century ceased to exist around March 14th 2013 upon the election of Pope Francis.

This document issued by Pope Francis is historic on multiple levels, but most significant above all others in that it recognizes the supremacy of the Golden Rule, the same teaching ascribed to Jesus Christ and the intimate connection to the Rule of Law, that all are subject to the rule of law, no one is above the law.

———–

thanks to intrigued for the link..

well..did he?

and if he did..why have we not heard more of it?

understand this:

“the Holy See is the underpinning to the whole global system of law, therefore anyone holding an office anywhere in the world is also subject to these limits and that immunity no longer applies.”

and here:

“it recognizes the supremacy of the Golden Rule, the same teaching ascribed to Jesus Christ and the intimate connection to the Rule of Law, that all are subject to the rule of law, no one is above the law.”

we are all under roman catholic law..and you didnt even know it..

“Motu Propria is the highest form of legal instrument on the planet in accordance to its provenance, influence and structure to the Western-Roman world, over riding anything that could be issued by the United Nations, the Inner and Middle Temple, the Crown of Great Britain or any other Monarch and indeed by any head of state or body politic.”

https://seeker401.wordpress.com/2015/02/01/pope-francis-makes-a-law-destroys-every-corporation-in-the-world/

Papal Decree of July 11, 2013

http://www.vatican.va/holy_father/francesco/motu_proprio/documents/papa-francesco-motu-proprio_20130711_organi-giudiziari_en.html

APOSTOLIC LETTER [Annotated]
ISSUED MOTU PROPRIO [on his own impulse]

OF THE SUPREME PONTIFF
FRANCIS

ON THE JURISDICTION OF JUDICIAL AUTHORITIES OF VATICAN CITY STATE
IN CRIMINAL MATTERS

In our times, the common good is increasingly threatened by transnational organized crime, the improper use of the markets and of the economy, as well as by terrorism.
It is therefore necessary for the international community to adopt adequate legal instruments to prevent and counter criminal activities, by promoting international judicial cooperation on criminal matters.
In ratifying numerous international conventions in these areas, and acting also on behalf of Vatican City State, the Holy See has constantly maintained that such agreements are effective means to prevent criminal activities that threaten human dignity, the common good and peace.
With a view to renewing the Apostolic See’s commitment to cooperate to these ends, by means of this Apostolic Letter issued Motu Proprio, I establish that:
1. The competent Judicial Authorities of Vatican City State shall also exercise penal jurisdiction over:
a) crimes committed against the security, the fundamental interests or the patrimony of the Holy See;
b) crimes referred to:
– in Vatican City State Law No. VIII, of 11 July 2013, containingSupplementary Norms on Criminal Law Matters;
– in Vatican City State Law No. IX, of 11 July 2013, containing Amendments to the Criminal Code and the Criminal Procedure Code;
when such crimes are committed by the persons referred to in paragraph 3 below, in the exercise of their functions;

  1. c) any other crime whose prosecution is required by an international agreement ratified by the Holy See, if the perpetrator is physically present in the territory of Vatican City State and has not been extradited.
  2. The crimes referred to in paragraph 1 are to be judged pursuant to the criminal law in force in Vatican City State at the time of their commission, without prejudice to the general principles of the legal system on the temporal application of criminal laws.
    3. For the purposes of Vatican criminal law, the following persons are deemed“public officials”: [former “private officials” exempt from law are now within the laws dictates and are held liable, aka “public servants”]
    a) members, officials and personnel of the various organs of the Roman Curia and of the Institutions connected to it.[world-wide corporations and all individuals in trust are corporations pursuant to their birth certificate]
    b) papal legates and diplomatic personnel of the Holy See. [The Pope governs the Church/people/trust, all the people in the Birth Trust, through the Roman Curia, the governing body of the Vatican]
    c) those persons who serve as representatives, managers or directors, as well as persons who even de factomanage or exercise control over the entities[public servants] directly dependent on the Holy See [trust beneficiaries] and listed in the registry [through birth certificates] of canonical juridical persons[legal fiction represented by your birth certificate ALL CAPS NAME] kept by the Governorate of Vatican City State;
    d) any other person holding an administrative or judicial mandate in the Holy See, permanent or temporary, paid or unpaid, irrespective of that person’s seniority. [all public servants]
    4. The jurisdiction referred to in paragraph 1 comprises also the administrative liability of juridical persons arising from crimes, as regulated by Vatican City State laws. [public servants are now liable for crimes against humanity]
    5. When the same matters are prosecuted in other States, the provisions in force in Vatican City State on concurrent jurisdiction shall apply.
    6. The content of article 23 of Law No. CXIX of 21 November 1987, which approves the Judicial Order of Vatican City State remains in force.
    This I decide and establish, anything to the contrary notwithstanding.
    I establish that this Apostolic Letter issued Motu Proprio [on his own impulse]will be promulgated by its publication in L’Osservatore Romano, entering into force on 1 September 2013.
    Given in Rome, at the Apostolic Palace, on 11 July 2013, the first of my Pontificate.

[Synopsis: Church = People = Trust

The Vatican created a world trust using the birth certificate to capture the value of each individual’s future productive energy.  Each state, province and country in the fiat monetary system, contributes their people’s value to this world trust identified by the SS, SIN or EIN numbers (for example) maintained in the Vatican registry.  Corporations worldwide (individuals became corporate fictions through their birth certificate) are connected to the Vatican through law (Vatican to Crown to BAR to laws to judge to people) and through money (Vatican birth accounts value to IMF to Treasury (Federal Reserve) to banks to people (loans) to judges (administration) and sheriffs (confiscation).

Judges administer the birth trust account in court matters favoring the court and the banks, acting as the presumed “beneficiary” since they have not properly advised the “true beneficiary” of their own trust.  Judges, attorneys, bankers, lawmakers, law enforcement and all public officials (servants) are now held personally liable for their confiscation of true beneficiary’s homes, cars, money and assets; false imprisonment, deception, harassment, and conversion of the true beneficiary’s trust funds.]

http://www.gold-shield-alliance.com/papal_decree

APOSTOLIC LETTER
ISSUED MOTU PROPRIO

OF THE SUPREME PONTIFF
FRANCIS

ON THE JURISDICTION OF JUDICIAL AUTHORITIES OF VATICAN CITY STATE
IN CRIMINAL MATTERS

http://w2.vatican.va/content/francesco/en/motu_proprio/documents/papa-francesco-motu-proprio_20130711_organi-giudiziari.html

PDF: ISO Amendment to Country names, June 2015 by breakingthesilence
PDF: ISO Amendments to countries March 28 2014 by breakingthesilence

Just for shits and giggles, you might find this paper interesting as well:

IMF Working Paper Research Department – The Chicago Plan Revisited 

Noahide Law notes….. it’s a mess, just sayin’

https://www.youtube.com/watch?v=_3W1tbvqGYk&list=PL2VQBdA8x58Hk7ZmmHtGxObvj8XjOBKIY&index=1

http://thomas.loc.gov/cgi-bin/query/z?c102:h.j.res.104.enr:

http://www.jlaw.com/Articles/noach2.html

http://www.thewatcherfiles.com/noahide_laws.html

this has been sent to me by about 6 people so far this week.  if finally watched the first couple of videos and had a bit of a thud

http://www.chabad.org/library/article_cdo/aid/142535/jewish/The-Rebbe-and-President-Reagan.htm

https://seemytruth.wordpress.com/2010/04/14/noahide-laws-passed-by-congress-1991-death-by-guillotine/

http://www.legis.ga.gov/Legislation/Archives/19951996/leg/fulltext/hb1274.htm
NOW THE GOVERNMENT CAN LEGALLY KILL CHRISTIANS
Bill Dannemeyer
U.S. Congressman, 1979-1992

http://www.takebackourrights.org/docs/Christians-full%20page.html

Posted by D … Breaking The Silence