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.

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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


Tyler Durden's picture



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


Tyler Durden's picture


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:

Bix Weir: A FINAL CHECKLIST FOR EVERYONE


http://www.roadtoroota.com/public/422.cfm?awt_l=PL07Y&awt_m=3YT14D9fr0AZ85B

My Road to Roota analysis shows that we are VERY CLOSE to the breakdown of the entire fiat monetary system and I thought it a great time to go over final preparations for the coming chaos. In the grand scheme of things you can never be fully prepared for what is about to transpire because nobody on earth has been through it before…not to this scale. I guess the closest thing we can compare it to is the experience of the Germans in the early 1920’s with the Weimar Republic. Look at how quickly their currency lost value:

422a

Compound that onto a GLOBAL SCALE and the currency in question is ALL FIAT CURRENCIES IN EVERY COUNTRY and you can get an idea of just how big this is and how fast it can happen.

Let me ask you an important question. How safe do you think ELECTRONIC ASSETS really are? I’m not that old but I can remember my first savings account and I was issued something called a “passbook” where the bank had a special stamp they put in my book to record every deposit and withdrawal I made. They also wrote it down in their ledger and signed off on the transaction. For some reason, the act of physically recording my fluctuating wealth made me feel very secure even though the access to my “wealth” was totally dependent upon the health and well being of my bank.

That was only 40 years ago. Now days EVERYTHING is done on computers. Your balance, statements, checks, withdrawals, deposits have all been turned into little 1’s and 0’s and stored on magnetic disks. Oh, be assured that that’s all computer data storage is… 1’s and 0’s recorded on a storage disk. They rarely even mail statements anymore…everything is VIRTUAL.

Money is CREATED in the same way….with little 1’s and 0’s on magnetic discs. Convenient…yes. Durable…NO. Free from fraud…NO. Free from manipulation…NO. In the hands of the Bad Guys…YES! The fact is that computer wealth is even less reliable than paper wealth which in itself is not credible. It is not real wealth but a derivative of wealth. It is nothing but VIRTUAL WEALTH!

You might laugh at the 17th century Dutch who experienced the first recorded financial bubble bursting with Tulip Mania.

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

How could they have possibly believed that a FLOWER could take on the characteristics of money…of true wealth? Well, what do you figure those “Crazy Dutchmen” would think if we told them that we placed ALL our faith in tiny electronic 1’s and 0’s recorded on a magnetic disc? Who are the REAL FOOLS?

Trust in electronic wealth has turned into some kind of MASS HYSTERIA. To think that the entire world has freely placed all their wealth in these little electric blips and in the hands of those who control all the 1’s and 0’s. What if those 1’s and 0’s were to disappear one day? Gone forever? What would you REALLY own then? Would you kick yourself for buying into the MASS HYSTERIA when it cracks?

I guarantee you that our little experiment with “VIRTUAL WEALTH” is going to end very badly…and very soon!

Let’s talk about different scenarios of how these 1’s and 0’s can be erased from this world.

SCENARIO 1 – The EMP (Electro Magnetic Pulse)

Let’s talk about the sun. It’s changing. It’s always changing but understanding what ramifications might come of these changes will be relevant for a discussion about the future of our monetary system. First, the sun goes through cycles with increased solar activity on a fairly regular basis…

http://www.spaceweather.sflorg.com/space_weather/sob_multimedia/flvswm_14

We are entering into a solar maximum where we will encounter more and more solar flares and coronal mass ejections. These events have the ability to seriously mess with our electronics down here on earth.

A while back USA Today posted an interesting article about the potential of an EMP (Electro Magnetic Pulse) going off over the US:

http://www.usatoday.com/tech/science/2010-10-26-emp_N.htm?loc=interstitialskip

One hundred years ago a decent sized EMP hitting the earth would not have been such a big deal because we were not so reliant on electronics. Today is a much different story. Electronics are in EVERYTHING. From automobiles to media transmission we are 100% reliant on fully functioning electronics. EVEN OUR MONEY AND STORES OF WEALTH ARE NOW ELECTRONIC!

So the stability of our electronic world is a big deal these days.

I have talked a few times about this in past Friday Road Trips. Now imagine if a large EMP hit the States. We are not just talking about “the grid” as the article suggests but rather EVERYTHING that is run by electronic blips including cars, gas pumps, food delivery and of course ALL OUR MODERN ELECTRONIC ASSETS such as bank deposits, 401k’s, ETF’s…I can go on and on.

Unfortunately, these EMP’s can also be caused by setting off a nuclear explosion at altitude. The higher and stronger the blast the more area is effected below.

There’s more info on Wikipedia with this visual:

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

The fragility of our VIRTUAL lifestyle is massively underestimated. One big solar flare or nuclear bomb and we are TOAST. Back to horse and buggy days instantly.

SCENARIO 2 – The Super Computer Virus

Do we really have to have a natural disaster to totally erase all those little electronic blips from our financial system? According to George Ure over at www.urbansurvival.com the latest Super Computer Virus could do virtually the same thing!

The virus is called STUXNET and a description of it can be found here:

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

The big mystery behind this virus is WHO could have possibly spent the many years and many man hours to put together such an elaborate program. Mr. Ure tends to lean towards what he and Clif High call the PTB or “Powers That Be”. At the Road to Roota Letters I like to call them the “Bad Guys”.

But what if this super virus wasn’t the work of the Bad Guys…but the GOOD GUYS?! What if this is the FINAL END GAME of the long term implementation plans originally hatched up by Alan Greenspan and Stephen Devaux that is the premise of the Road to Roota Theory?

http://www.roadtoroota.com/public/190.cfm

In my mind there are certain correlations that have sparked my interest down this line (road) of thinking. I have long suspected that Warren Buffett was working with the good guys but what about his close friend and confidant…BILL GATES?! They often spend hours talking about business and macroeconomic issues…much the way that Warren Buffet’s father, Senator Howard Buffet, would talk to Warren at the dinner table when he was growing up. Howard Buffett battled the banking cabal for many years but was never able to achieve his ultimate goal of returning the United States to a fully backed Gold Standard. Here’s an excerpt from what this amazing man said in the US Congress:

Human Freedom Rests on Gold Redeemable Money

By HON. HOWARD BUFFETT U. S. Congressman from Nebraska (1948)

IS TIME PROPITIOUS

Most opponents of free coinage of gold admit that that restoration is essential, but claim the time is not propitious. Some argue that there would be a scramble for gold and our enormous gold reserves would soon be exhausted. Actually this argument simply points up the case. If there is so little confidence in our currency that restoration of gold coin would cause our gold stocks to disappear, then we must act promptly.

The danger was recently highlighted by Mr. Allan Sproul, President of the Federal Reserve Bank of New York, who said:

“Without our support (the Federal Reserve System), under present conditions, almost any sale of government bonds, undertaken for whatever purpose, laudable or otherwise, would be likely to find an almost bottomless market on the first day support was withdrawn.”

Our finances will never be brought into order until Congress is compelled to do so. Making our money redeemable in gold will create this compulsion.

The paper money disease has been a pleasant habit thus far and will not be dropped voluntarily any more than a dope user will without a struggle give up narcotics. But in each case the end of the road is not a desirable prospect. I can find no evidence to support a hope that our fiat paper money venture will fare better ultimately than such experiments in other lands. Because of our economic strength the paper money disease here may take many years to run its course.

But we can be approaching the critical stage. When that day arrives, our political rulers will probably find that foreign war and ruthless regimentation is the cunning alternative to domestic strife. That was the way out for the paper-money economy of Hitler and others.

In these remarks I have only touched the high points of this problem. I hope that I have given you enough information to challenge you to make a serious study of it.

I warn you that politicians of both parties will oppose the restoration of gold, although they may outwardly seemingly favor it. Also those elements here and abroad who are getting rich from the continued American inflation will oppose a return to sound money. You must be prepared to meet their opposition intelligently and vigorously. They have had 15 years of unbroken victory.

But, unless you are willing to surrender your children and your country to galloping inflation, war and slavery, then this cause demands your support. For if human liberty is to survive in America, we must win the battle to restore honest money.

There is no more important challenge facing us than this issue — the restoration of your freedom to secure gold in exchange for the fruits of your labors.

END http://www.fame.org/PDF/buffet3.pdf

To Warren Buffett there was no greater man in the world than his father and he has made it one of his life’s goals to finish his father’s business. Those who claim that Buffett has “lost it” with all his recent comments are not seeing the big picture. He hasn’t lost it but rather he is suckering EVERYONE in (and away from gold) so the wealth re-distribution after the big crash is more equitable. Eventually, Buffet will throw himself on the derivative sword to make sure the fiat monetary system implodes fully and finally this time.

To continue…

So is it too far fetched to imagine that Buffet and Gates would talk of monetary policy and/or the return to sound money over their long philosophical discussions about macroeconomics? I don’t think so. I know Gates is associated with MANY “Bad Guy” enterprises so don’t hold me to my take on his involvement because I DON’T KNOW. It’s just a guess.

Here’s some clues as to their penchant for monetary metals. Both Buffett and Gates were investors in SILVER back in the early 2000’s. Buffett with 120M oz of physical and Gates with a large ownership position in Pan American Silver (PAAS). Both sold out of their silver positions about the same time. Both have given away 1/2 their gigantic fortunes to charities and have urged other rich folks to do the same. What did they know about the coming destruction of fiat money? Did they try to do some good with all that money before it became WORTHLESS FIAT PAPER?

Still with me? Along this line it struck me that the STUXNET computer virus is a “Windows-based” virus. Could Bill Gates have been recruited by the Good Guys (via Warren Buffet) to create and implant this virus around the world such that they could “pull the plug” on the fiat monetary system when they were ready? This angle may have legs but it is way out of my area of expertise.

But there is one more thing that hits right to the heart of the Road to Roota early days and the first “Implementer” of the original market rigging programs – Stephen Devaux. This is from the Original Road to Roota article:

http://www.roadtoroota.com/public/120.cfm

Here’s what I wrote about Stephen Devaux:

****

Stephen Devaux, the person who “adapted” the cartoon “Wishes and Rainbows”, worked for the Federal Reserve in Boston…Mr. Devaux is now a world renowned author and trainer on “Project Management and Implementation” …Stephen Devaux would have been the perfect person to implement the Greenspan plan. His teachings talk about long implementation time frames, and the necessity of profit enhancement during the process of change.

Mr. Devaux worked for the Federal Reserve Bank for 9 years during the Gold Commission crisis. The 1980’s is when many gold bugs believe Citicorp and Goldman Sachs implemented the trading programs for “managing” the markets.

Devaux went to work for Citicorp right after his stint at The Federal Reserve Bank of Boston. His job at Citi was described as: “Developed and taught customer seminars in the implementation and use of Citicorp banking software.” Oil and Gold were just the beginning. Then he went on to Fidelity to train them how to use his software in the share market.

His last job before moving on to his own consulting firm was for Project Software and Development Inc or PSDI which supplied the software Maximo to the US Mint and almost every other high value asset business.

“Businesses, government agencies, and other organizations use PSDI’s products across their enterprise to assist them in the management of their high-value capital assets, such as plants, facilities, and production equipment, to cut inventories and supply chain costs, control maintenance expenses, reduce downtime, and more effectively deploy productive assets, personnel and other resources.”

PSDI software is now owned by IBM and is embedded in asset control software throughout the world (…now is that “Total Project Control” or what?!). END

******

Are you starting to get the same chills I am? Could Stephen Devaux’s computer programs still be out there lurking in the deep recesses of all those “high value capital assets”?

Over the years I have tried to understand more about Stephen Devaux but I’ve always come up short of getting a full picture. From what I understand he is extremely confident in his professional beliefs to the point of being self righteous. He is also very private and, supposedly, incredibly altruistic.

It seems to me that Stephen Devaux is the VERY LAST MAN in the world to walk away from a “Project” before it was finished! (Anybody who writes a book called “Total Project Control” and charges $140 for it likely takes himself very seriously and would want to see that his “total project” was FINISHED)

http://www.amazon.com/Total-Project-Control-Integrated-Operations/dp/0471328596

Has Devaux teamed up with Bill Gates to embed a Super Computer Virus hidden in the Windows Operating System and that now has “Total Project Control” over the Global Electronic Monetary System with the ability to destroy all those “electronic blips” we call ASSETS? Since I write a “Conspiracy Letter” I would have to say that it is VERY possible that Mr. Devaux is still heavily involved with the good guys and ready to “FLIP THE SWITCH” at any moment (next week maybe?). He’s just not the kind of guy to walk away from such an important project as the Implementation of the Gold Standard!

Just one more little bit on Devaux. He has a little quirk that may be a clue…STEPHEN DEVAUX LOVES PALINDROMES. Palindromes are anagrams (a type of word play) that are spelled the same way in either direction…like “EYE” or “RACECAR”. Here’s a letter he wrote that I found on the internet:

“I have always been delighted by palindromes, and have spent many hours composing them. (My masterpiece: “A man? A prisoner! A cage? Iron! = Did Noriega care? No, sir! Panama…”) I had always regarded this as an idiosyncracy until, a few years ago, I saw a Devaux family tree which listed one of the 18th century branches as having an oldest son named Xuaved Devaux. tell me, is there any other evidence of love of palindromes among Devaux genes?” http://www.famille-louisdevaux.com/steve-devaux.htm

So why do I mention this quirky fact? Because when I was reading George Ure’s analysis of the STUXNET virus I came across this statement:

“Besides, somewhere down in the guts, the anagram of “STUXNET” might be just the PTB having their fun with us – and keeping up their old tricks of ‘doing evil in plain sight’ which seems to be one of their ‘rules’ of engagement. So is STUXNET and anagram for “T US NEXT” or “US NEXT T”? END

Yes. That’s a HUGE stretch and not at all conclusive that Stephen Devaux is still involved with the Good Guys…BUT HE WAS IN CHARGE OF IMPLEMENTING THE OFFICIAL COMPUTER MARKET RIGGING IN THE 70’S AND 80’S so why assume he ever totally removed himself?!

HOW MUCH CONTROL DOES THE LITTLE MAN BEHIND THE CURTAIN NOW HAVE?

Ok…let’s get back to earth for a bit. I’m not saying that either of the above scenarios are going to happen in mid November and send us back to the stone age but they are potential scenarios for the crash that the world so desperately needs to change our global monetary system.

SCENARIO 3 – Derivatives = Weapons of Mass Financial Destruction

The simple fact is that we really don’t even need something so drastic as an electronic computer related meltdown. The popping of the Derivative Bubble would have a similar effect as it would freeze all financial assets in much the same way an EMP or Super Computer Virus would. Our VIRTUAL banking system is so interconnected with the way our entire system functions on a daily basis that the failure of only ONE large bank can bring the entire world to a grinding halt.

The dominoes are easy to follow. One large bank fails who has derivative contracts with 20 others who have corresponding contracts with 100 others and all are leveraged 30-1 or more with “Off Balance Sheet Special Purpose Entities”…blah, blah, blah. All of a sudden people scramble to get their money out of their banks, the stock market, their 401k only to find out that it was all running off a “fractional reserve” system so nobody gets anything because there is no money to distribute. You know how the story goes…

Can the world function without money? Would you go to work if you weren’t getting a dime for it and your family needed you at home to protect them? Push that scenario across all professions and you begin to get a sense of what may happen. Our “advanced society” totally breaks down then the 1’s and 0’s are wiped clean from this earth. It matters not if it was caused by a natural disaster or a man made one or just your simple banking Derivative Meltdown.

Everything will stop in it’s tracks.

Sorry if this scares you but you’re much better off if you UNDERSTAND what may happen than if you are one of the BILLIONS who will be scared, lonely and confused waiting in line for days at the bank.


  
Many people have asked me the two big questions:

“How long will it take?”

and

“What will I need to get through it?”

Those are questions you need to answer for yourself. Everybody’s situation is different so think through what you are going to need in case of a global banking breakdown. A good rule of thumb is surviving on your own for 4-6 months to be safe. If it goes on longer than that…well, go watch the movie “The Road” and you’ll get the idea….

ALRIGHT: Break OUT of that mind set. Like I have said all along the Road to Roota…

The Road to Roota Theory postulates that there is a group of people in the United States as well as around the world that are working to remove and destroy the financial banking powers that have secretly controlled all aspects of our lives for hundreds of years.

The end result of all this will be GLORIOUS but we will have to go through the DARKNESS to reach the LIGHT!

Use this FINAL CHECKLIST to prepare yourself for what is coming.

Remove Yourself From The Electronic Financial System - The corruption, fraud and abuse goes so much deeper than anyone knows that the ONLY way to get beyond this mess is 100% collapse of the current system and start again. Without the complete collapse of all electronic and paper assets and debt there will be those in the shadows who continue to run the show. The $700B bailout was NOTHING when it comes to the “Shadow Banking System”. I have heard estimates of total fiat monetary instruments in the QUINTILLIONS! If we try to “readjust” our system with something like www.NESARA.org we will only be hurting ourselves, delaying the pain and playing into the hand of the Bad Guys. We will feel that the problems were solved but a readjustment wouldn’t take care of what lurks in the shadows. We need a complete and total CREATIVE DESTRUCTION EVENT that ZEROS out everything. That will be achieved in a derivative collapse and/or an EMP.

So if you have any “assets” that are still entangled in the Electronic Financial System expect to lose them somewhere in the coming crash. That will most likely be balanced out by your holdings of gold and silver coin but only if it’s in your own possession.

Food & Water Storage - For anyone who’s analyzed how quickly food stocks turn at your average grocery store the timing is scary at best. Even without any kind of panic mentality most perishables take only a few days to sellout and get restocked. Imagine what would happen if there was a financial breakdown with no new deliveries due to a collapse. We’re talking only hours after the word starts to spread before all the shelves are wiped clean (most likely from looting as electronic transactions will freeze).

So I recommend having a substantial amount of dried food on hand at all times. How much you will need will depend on the amount of people you will be sheltering and the duration of the collapse. I am of the view that the more dried food you have the better off you will be. Bartering with your extra food will prove to be very, very valuable if the problems persist.

And don’t forget water. You won’t survive without water. If there is a total breakdown you won’t be able to rely on the local utilities for ANYTHING for a while. Get yourself some large plastic kegs that can hold enough water for you to survive off for at least a month or two. You’ll also need it to cook with.

Gold, Silver & Cash - If there is a total breakdown of our electronic monetary system (as in wiped clean from the earth) you are going to want a nice pile of physical cash as well as gold and silver coins. The cash will be very valuable in the early stage of the crash because very few will have access to any and people are still conditioned to deal in fiat money. I suggest $1’s, $5’s, $10’s and $20’s. Also keep piling up that change that you currently toss into your change jar. It should go a long way right after the crash.

As for gold and silver…it might take a while for them to be accepted by the masses. With the markets frozen shut even gold and silver diehards will not know the value of a 1oz eagle coin. It is likely that there will be some sort of announcement by the Government about backing the new currency with gold or silver but it will take a while for people to both understand and accept this transition. Pre-1965 90% silver coins may be a very good transition money as they are recognized as legal tender, have the form and shape of our current money and their purity is reliable as forgery of these coins has not been a problem due to their low value…at least at the moment. There will likely be warnings to watch out for fake gold and silver as the veil is lifted off the ETF fraud and the bars drilled.

Piles of Basic Necessities and Just Stuff - One of the results of the currency crash will be the End of Globalization. This is easy to understand because nobody will be accepting fiat money any more. There will be anger at the US for basically defaulting on the dollar promises. China will nationalize all our factories and equipment in their country as payback. They will use this infrastructure to supply goods to their own population. Every other country will follow suit.

Unfortunately, the US imports almost everything these days so expect massive shortages on “STUFF” even after we get back on our feet with a new domestic backed currency. Make a checklist starting with the basic necessities such as toilet paper, medicines, soap, cleaning supplies, clothes, etc. Then you should move on to survival gear such as matches, tents, sleeping bags, knives, camping gear, etc. Then think about barter stuff like cosmetics, alcohol, sporting goods, kids toys, bicycles, etc.

EVERYTHING you stock up on can also be used for barter because there will be things that you didn’t think of but will really, really want. Barter goes both ways.

It will take some time before manufacturing of most goods starts again in the US. It will start with the necessities and slowly but surely we will rise from the ashes…but it will all be domestic production for a while.

Protection & Safety - Given that you WILL be one of the few that is fairly prepared for this transition it is only appropriate that you protect your possessions as well as yourself and loved ones against those that were not as prepared and willing to take what they need. The obvious answer is getting a gun. I don’t like to recommend it…but I will. If you do get a gun make sure you know how to use it and understand that it carries with it the ultimate moral responsibility. Don’t use it UNLESS you have to.

Having said that there are many other steps you can take to tighten up your security. Get a VERY LOUD alarm for your home (and a battery powered back-up). Get motion censored security lights. Get a BIG safe and anchor it into the ground. Get some sort of air filter breathing mask in case of disease outbreaks. Get a portable water purifier. If you are with a group of people get some walkie-talkies.

But MOST of all GET TO KNOW YOUR NEIGHBORS as they will be your new community. You will need to band together and help each other through this. That old saying “there is safety in numbers” is something you should take to heart. Share your knowledge with them on how this all came about and the great potential for us to get though it if we stick together. YOU can change the way your community thinks and deals with the coming chaos. Yes, you might have to approach them AFTER the first signs of the crash because we all know how people react to us radical gold bugs already. But you can ease them into a NEW relationship you must development when things really start to fall apart. This local group will also be your barter partners so develop a good working relationship with your neighbors.

Tools To Rebuild Your Future - Once the initial shock wears off we will ALL be able to CREATE A NEW LIFE for ourselves. Remember…there will be no more debt. If it all goes the way I think it is planned by the Good Guys we will all be started off with a nice chunk of cash (gold and silver backed) so everyone will be able to take some time to figure out what they want to do with their NEW future. Many of the old jobs will disappear (finance jobs will be cut back the most) but new jobs will be available as we rebuilt our civilization.

So think about WHAT YOU ALWAYS WANTED TO DO but never had the time, money or confidence to do and start preparing for it now. What are the “tools of the trade” you might need for your new profession? It will take a while for manufacturing to get back on it’s feet so you might want to stock up on supplies now to get a head start on the competition. Remember, people will have the means of payment but not so much the tools to be a producer. Get a head start while the tools are still available.

Examples: If you always wanted to be a clothes designer stock up on fabrics and thread. An organic farmer should stock up on seed and fertilizer. A guitar player should stock up on strings and a recording equipment. A local bread baker should stock up on flour, ingredients and paper bags to sell their products. In the beginning of our rebirth everything will be small and community centric so think about what people will need, how you can contribute and what will fulfill your desires as a profession.

These are just some of the things you should be thinking about to prepare for the coming changes. If you live in the city you will have different wants, needs and resources than someone who lives in the country. REALLY put your head to this topic and ACT before the chaos begins…

How long?

I think the initial “Shock and Awe” period where EVERYTHING shuts down and there is mass global chaos will be about 1 week. Then I think there will be a very slow improvement as local communities band together trying to help each other through the crisis. My time frame for that is 3-4 months. These will be very hard and very dark days with a lot of anger, fear and chaos.

OUR GLORIOUS FUTURE: After 4-6 months we will realize that we are finally FREE of the evil controllers that have held us in bondage for so long. We will rejoice in our new found freedoms and rejoice in the idea that we can create our own future full of peace and prosperity. The way we ALWAYS thought life should be if we had our choice. Now WE get to CHOOSE!!!

HUMANITY HAS ARRIVED AT OUR LONG PROPHESIED CROSS ROADS…

MAY GOD HELP US PICK THE RIGHT ROAD FROM HERE.

All the best in your endeavors.

Bix Weir www.RoadtoRoota.com

HSBC exposed in tax evasion data leak


Submitted by Andre, mahalo!
Published time: February 09, 2015 10:46
Edited time: February 09, 2015 14:16

Reuters / Edgard Garrido

Reuters / Edgard Garrido

​A new investigation exposes HSBC’s Swiss private banking arm of helping royalty, criminals, terrorists, drug dealers, and even music stars such as Tina Turner and David Bowie to conceal their identities to dodge taxes.

The Washington-based International Consortium of Investigative Journalists (ICIJ), which obtained the documents from French paper Le Monde, found over 100,000 account holders in 200 countries listed in the data leak.

The documents shed light on the bank’s practice of courting rich depositors in exchange for protection from taxes from 2005 until 2007. During this period, the private banking armed controlled $100 billion in assets, according to Bloomberg.

HSBC reportedly reassured client that its bank was a safe haven for secrets, and that it would not disclosure details of accounts to national authorities or taxmen. Files also reveal that several clients were allowed to quietly transfer bricks of cash in foreign currencies.

A recorded example in the files is the case of Richard Caring, British retail tycoon and restaurateur, who walked out of the bank with 5 million Swiss francs in a suitcase.

This is the cancer that is destroying our society. The rich dodge tax with impunity while the poor are hounded for every last penny.

Seven hundred and forty Russian clients are on the list with combined assets of $1.7 billion, according to Vedomosti. Sanctioned businessman Gennady Timchenko, the former president of Russia’s state-owned Rosneft Sergey Bogdanchikov and the children of Boris Yeltsin’s Prime Minister Viktor Chernomyrdin are among them. Several civil servants appear on the list, despite Russia’s 2008 law that forces officials to declare foreign bank accounts and property.

The leak began in 2008 when Herve Falciani, a former HSBC computer technician turned whistleblower, left the company with troves of confidential information which he then turned over to the then French Finance Minister Christine Lagarde.

So, has colluded in tax avoidance? ‘Surprising.’ Let’s remember that when they inevitably screw up and need another taxpayer bailout.

“We acknowledge that the compliance culture and standards of due diligence in HSBC’s Swiss private bank, as well as the industry in general, were significantly lower than they are today,” the bank told ICIJ. HSBC said that since 2007, it has gone through a “radical transformation.”

HSBC is just one of more than a dozen Swiss banks under fire for nontransparent banking and aiding tax evasion.

READ MORE: Tax Haven No.1 – 340 global companies avoid billions in Luxembourg

The European Commission, along with the G20, has made it a goal to get rid of secret banking regimes, and in October signed an agreement to end tax evasion and money laundering.

There has been mounting pressure on several European banks that provide cover for illicit money. Switzerland’s largest bank UBS admitted to helping 52,000 American clients evade taxes in 2009, and paid a $780 million fine to the US Justice Department.

In February 2014, Credit Suisse was accused by the US Senate of holding more than 12 billion Swiss francs for more than 22,000 American clients.

More than $2 trillion in assets is held in more than 300 private Swiss banks.

http://rt.com/business/230483-hsbc-leak-swiss-bank/

 

“Cheerful” Dutch Financier Becomes 4th ABN Amro Banker Suicide


Tyler Durden's picture

Following the deaths of 36 bankers last year, 2015 has got off to an inauspicious start with the reported suicide of Chris Van Eeghen – the 4th ABN Amro banker suicide in the last few years. As Quotenet reports, the death of Van Eghen  – the head of ABN’s corporate finance and capital markets -“startled” friends and colleagues as the 42-year-old “had a great reputation” at work, came from an “illustrious family,” and enjoyed national fame briefly as the boyfriend of a famous actress/model. As one colleague noted, “he was always cheerful, good mood, and apparently he had everything your heart desired. He never sat in the pit, never was down, so I was extremely surprised. I can not understand.”

As Niburu details, friends and colleagues were startled by the news that Chris van Eeghen had committed suicide.

He worked in Amsterdam for ABN / AMRO in the position of “head of syndicate and corporate finance markets.”

Again, there is again a familiar pattern, namely that there is no indication that Van Eeghen had plans to take his life.

Ostensibly a successful banker, coming from what was described as an illustrious family. Chris was also a familiar sight in Amsterdam’s nightlife scene and enjoyed national fame as possible new boyfriend of Tatjana Simic (a famous Croatian-Dutch model, singer, actress).

 

 

“I have never expected. It was an incredibly nice cute guy, “said a neighbor from Amsterdam. In banking circles he had a good reputation.

Most believe that the suicide is not related to his work at the bank,
but a former colleague had noticed that on his Facebook recently changed
its job title to “former.”

Chris leaves behind a son – who had recently been cleared of cancer.

*  *  *

This is the 4th ABN Amro suicide in recent years…

In December last year, missing couple, Thieu (64) [a relationship manager at ABN Amro] and Ellen (55) Leenen from Valkenswaard were found dead in their car Monday afternoon in the Bocholt-Herentals canal in Mol (Belgium). The circumstances under which the car is hit water, point to suicide, police said.

In April last year killed former ABN Amro board member Jan-Peter Schmittman even suicide.

In 2009, ABN-Amro banker and Fentener Vlissingen scion Huibert Boumeester an end to his life in London to put a bullet through his head. Cause for the suicide were missed Madoff investments, was then suggested.

* * *

This is the third banker death in 2015…

1) Michael Flanagan, 45, head of Foreign Exchange, National Australia Bank, London, England

2) Omar Meza, 33, Vice President, AIG, Los Angeles, America

3) Chris van Eeghen, 42, Head of Syndicate and Corporate Finance Markets, ABN / AMRO, Amsterdam, The Netherlands

*  *  *

After at least 36 banker deaths last year…

1) David Bird, 55, long-time reporter for the Wall Street Journal working at the Dow Jones news room
2) Tim Dickenson, a U.K.-based communications director at Swiss Re AG
3) William Broeksmit, 58, former senior manager for Deutsche Bank
4) Ryan Henry Crane, age 37, JP Morgan
5) Li Junjie, 33, Hong Kong JP Morgan
6) Gabriel Magee, 39, age JP Morgan employee
7) Mike Dueker, 50, who had worked for Russell Investments
8) Richard Talley, 57, was the founder and CEO of American Title (real estate titles)
9) James Stuart Jr. 70, Former National Bank of Commerce CEO was found dead in Scottsdale, Ariz
10) Jason Alan Salais, 34 year old IT Specialist at JPMorgan since 2008
11) Autumn Radtke, 28, CEO of First Meta, a Singapore-based virtual currency trading platform
12) Eddie Reilly, 47, investment banker, Vertical Group, New York
13) Kenneth Ballando, 28, investment banker, Levy Capital, New york
14) Joseph A. Giampapa, 55, corporate bankruptcy lawyer, JP Morgan Chase
15) Jan Peter Schmittmann, 57, voormalig topbestuurder ANB/AMRO, Laren, Nederland
16) Juergen Frick, 48, CEO Bank Frick & Co AG, Liechtenstein
17) Benoît Philippens, 37, directeur BNP Parisbas Fortis Bank, Ans, België.
18) Lydia…, 52, bankier Bred-Banque-Populaire, Parijs
19) Andrew Jarzyk, 27, bankier, PNC Bank, New York
20) Carlos Six, 61, Hoofd Belastingdienst en lid CREDAF, België
21) Jan Winkelhuijzen, 75, Commissaris en Fiscalist (voormalig Deloitte), Nederland.
22) Richard Rockefeller, 66, achterkleinzoon elitebankier John D. Rockefeller, Amerika
23) Mahafarid Amir Khosravi (Amir Mansour Aria), 45, bankeigenaar, zakenman en derivatenhandelaar, Iran
24) Lewis Katz, 76, zakenman, advocaat en insider in de bancaire wereld, Amerika
25) Julian Knott, Directeur Global Operations Center JP Morgan, 45, Amerika
26) Richard Gravino, IT Specialist JP Morgan, 49, Amerika
27) Thomas James Schenkman, Managing Director Global Infrastructure JP Morgan, 42, Amerika
28) Nicholas Valtz, 39, Managing Director Goldman Sachs, New York, Amerika
29) Therese Brouwer, 50, Managing Director ING, Nederland
30) Tod Robert Edward, 51, Vice President M & T Bank, Amerika
31) Thierry Leyne, 48, investeringsbankier en eigenaar Anatevka S.A., Israël
32) Calogero Gambino, 41, Managing Director Deutsche Bank, Amerika
33) Shawn D. Miller, 42, Managing Director Citigroup, New York, Amerika
34) Melissa Millian, 54, Senior Vice President Mass Mutual, Amerika
35) Thieu Leenen, 64, Relatiemanager ABN/AMRO, Eindhoven, Nederland
36) Geert Tack, 52, Private Banker ING, Haaltert, België

http://www.zerohedge.com/news/2015-01-24/cheerful-dutch-financier-becomes-4th-abn-amro-banker-suicide

Millionaires for Carbon Control – New World Next Week with James Corbett and James Evan Pilato


01/23/2015

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: Pharrell & Al Gore Announce Global @LiveEarth Concerts On All 7 Continents
http://ur1.ca/ji5aa
Pharrell Planning Worldwide Sing-along Psyop for Live Earth Concerts?
http://ur1.ca/ji5eh
Wikipedia: Live Earth 2007 – Controversies and Criticism
http://ur1.ca/ji5ep

Story #2: UK, US to Stage ‘Cyber War Games’
http://ur1.ca/ji5fc
Britain and US to Train ‘Cyber-Agents’ to Protect Banks From Terrorists
http://ur1.ca/ji5fl
iPhone Has Secret Spy Software That Can Be Remotely Activated
http://ur1.ca/ji5de
GCHQ Classifies Investigative Journalists As ‘Threats’
http://ur1.ca/ji5do
Ex-MI6 (That’s their CIA) Chief: ‘We Cannot Stop Terrorism Unless We Spy On Innocent People’
http://ur1.ca/ji5dt

Story #3: Teenager’s Browser Plug-In ‘Greenhouse’ Shows You Where Politicians Get Their Funding
http://ur1.ca/ji5g8
Get The ‘Greenhouse’ Plug-In Here
http://AllAreGreen.us/
Thirteen Year-Old Builds Braille Printer With Legos, Starts Company
http://ur1.ca/ji5gq
Where Cellular Networks Don’t Exist, People Are Building Their Own
http://ur1.ca/ji5gx
A Year After Marijuana Legalisation In Colorado, Police Confirm “Everything’s Fine”
http://ur1.ca/ji5h1
Broc West: Community Garden Journal – Week #2 ‘Planting Seeds, Making Cuttings & Soil Prep’
http://ur1.ca/ji5h8

#NewWorldNextWeek Updates: Argentinian Prosecutor Who Accused President of Terror Cover-up Murdered Before Testimony
http://ur1.ca/ji5hk
How The U.S. Government Convinces a Newspaper To Kill a Story
http://ur1.ca/ji5ho

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: IRS Goes Global
https://www.corbettreport.com/?p=13342

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Comments (6)

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  1. Colin Green says:

    Thanks James and James. I like where you are going. Balance is key to critical ‘free’ thinking. You can’t think freely when the information you consume is too heavily marinated in either syrup or vinegar.

  2. Nick says:

    Consider this re the Argentina prosecutor/bombing story: http://youtu.be/XkC4wvRK5OI?t=9m22s

    Wouldnt be the first time actual anti-semitic facists in Argentina got cover from both the US and Israel for expediency’s sake.

  3. Jeff says:

    Many thanks 2xJames, love this show, and in complete agreement on the focus on solutions here. Personally, the evidence has been in for a long time so to speak and solutions are what I’m interested in now. Looking forward to more open source solutions in the future and helping to explore the groundwork for such environments.

  4. candideschmyles says:

    While I am in complete agreement that the effort to own the climate debate is being dominated by big government/industry and is sold to the masses by the talentless whores of popular entertainment I still think you two are throwing out the baby with the bathwater. Ordinary scientists are not globalist conspiracists yet again and again I detect this evil scientist paradigm coming through on this subject.

    I am not a scientist but I have worked with them and understand the scientific method. Neither am I an ecofascist with some axe to grind over some notional humans = bad agenda. I love our natural environment and I love mankind and our singularly awesome achievements, many of which were only possible because we developed the scientific method. So I find the dismissal of the science I find here really rather sad. And it seems obvious to me you are both only reading the politicised interpretations of the data and not the data itself.
    In 1989 I did several square metre surveys of every plant species growing in several locations within a local national park. Returning to the same plots 22 years later I witnessed with my own eyes that grasses had been n replaced by mosses and reeds. This is consistent with the 60% increase in rainfall Scotland has experienced in the past 50 yrs. Am I a liar? Am I cooking the books? Well I know I am not and it is the 100s of 1000s of little studies like this that convince me rapid change is afoot.
    While there is much manipulation of the science by politicos your approach does not clarify it only compounds. The truth is that the overwhelming majority of scientists, not politicians, industry or bloggers, do not think massive changes are taking place they know it with certainty. Yes we can and will adapt but that is no excuse for complacency and especially no excuse for continuing to poison our biosphere.

  5. Simon says:

    Well indeed Metallic played Live Earth 2007, Sad But True. Well to Metallic fans I guess Nothing Else Matters, probably boring to most so Enter Sandman. Although I believe Master of Puppets is a song about drug addiction, still the lyrics for me make me think of the powers that should (not) be. So if they do play Live Earth 2015 perhaps Master and …Justice for All would be my suggestions.
    Good show guys, and I do like the other album low in the background, don’t know it but the title made me smile, like you both do, BECOME THE MEDIA!

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“Russia, India and China: the emerging Eurasian equation” ~ What you won’t learn from Western Media


Note: I stumbled on this excellent article on FB written by Arun Shrivastava on some of the behind the scenes geopolitical movements behind BRICS developments. He’s provided some great links for further research into this emerging equation…

Copyright: Arun Shrivastava

New Delhi, India
The three dominant components of BRICS in the Eurasian landmass are Russia, India and China or RIC. Led by Vladimir Putin, Narendra Modi and Xi Jinping, the three have forged an economic, energy, trade, finance and banking, and weapons (manufacturing and trade) alliance within a span of five months. Military cooperation will be a continuous feature as much as a coordinated effort to neutralise and eventually defeat largely USA sponsored terrorism.

Such tectonic shifts in geo-politics do not happen overnight. Here are a few points that illustrate the processes that went behind forging of the alliance.

1. Narendra Modi [1] has worked closely with Putin for over fourteen years. Modi was not even a minister then, just a senior party worker. Prime Minister Vajpayee [1999-2004] was grooming him for bigger role. It was Modi and Putin who worked out twinning arrangement between Gujarat State and Astrakhan. They laid down a strategic cooperation plan between Russia and India, adopted in 2001. Putin, already President of Russia, came to Delhi to initiate strategic dialogue covering economic, energy and military cooperation. When Modi became Chief Minister of Gujarat late in 2001, that relationship was further strengthened. Discussion to lay down a gas pipeline from Astrakhan to Gujarat was first initiated during this early period. [2][3]

When 9/11 events happened both Vajpayee and Putin offered to collaborate with the USA. Both offers were rejected and we all know why. By late 2003, after the US attack on Iraq, it was clear that a devilish, global resource war is on in which democratic leaders and international law would be ignored. Even the UN system became an extension of US power through its Framework Team. Putin went on to say that ‘they [the West] don’t want any discussions, or partners; they want to dictate to vassals.’ In 2004 ‘stolen’ election Manmohan Singh, a former IMF Executive Director and a despicable character, was inserted as Prime Minister and India became one of West’s vassals. They stole another election in 2009. During Manmohan years [2004-2014] there was no significant progress on Indo-Russian strategic partnership. A hostile posture vis-a-vis China was maintained along with diplomatic inanities with BRICS. If Manmohan Singh and her de facto boss Antonia Maino [known in India as Sonia Gandhi, a low level Nazi’s daughter] had won the election in 2014 [April-May], they would broken up and sold India to the West. [4] The planned balkanisation, role of West sponsored ‘Secularists’ and NGOs, west funded political groups, academics and media, and the hijacking of people’s anti-corruption movement is properly documented. [5] The embassies of USA, UK, France Germany, Norway, Switzerland and Sweden and the Israelis have ensured that Nepal and Bhutan can be exploded anytime and the entire Himalayan region straddling China and India can go up in flames. [6][a,b,c,d]

2. Modi’s Asia centric strategy evolved from early 1990s onward. Twenty years ago, around the time Dawood Ibrahim funded terrorist acts followed by communal riot in 1992, he had warned that terrorist activities will have to be resolved at global level but he was told that ‘such activities are local law and order problems.’[7] Recall history. Whenever there was an uprising in India, the British Media called it local law and order problem. Now, it is the same story except that they engineer the events and call it local law and order problem.

Narendra Modi, denounced by West’s liberal Left as fascist, saw through the game back in the early 1990s. Had warned. Was denounced ‘hard-liner’. By who and why? Governments are extremely well briefed. They have access to top class information. Officers know and can brief leaders. Modi reads a lot even now, rather more so. That is worrying the West.

Within months of his taking office as Chief Minister, a communal riot was engineered in which he was implicated. Even after 12 years of most intense intelligence probes, instigated by the Western Crime Conglomerate including the Jesuits and American Christian fundamentalists, no one, not even the Supreme Court of India, find could a single evidence showing Modi’s involvement in these riots.
When he became Gujarat’s Chief Minister [2001], he established contact with China, invited investments and joint ventures. As Chief Minister Modi travelled to China five times. Just as he was impressed by China’s economic progress, so were the Chinese political and commercial leaders impressed with his no-nonsense approach to business and economic development. As a result Gujarat has largest investments from China. Businessmen from around the world wanting to do business in India during Singh-Sonia rule avoided Delhi, went directly to Gujarat and flew out ignoring Delhi’s rulers.

In one of his China visits [Nov., 2011] Modi was accorded the honour to address senior Politburo members led by Mr Wang Gang at the Great Hall at Beijing usually reserved for head of the states. [8] Modi’s personal rapport with the Chinese Communist Party [CPC] leadership was built parallel to that with the Russian leadership and particularly Putin, facts that few analysts know and fewer bother to even mention in the mainstream media.

When Xi Jinping was in India [Sept., 2014], Indo-Chinese border tension was escalated by the Chinese line commanders. Both leaders ignored this and instead, with a shared concern for rapid economic development and cooperation, said in their Joint Statement: [We agree] “to make this developmental partnership a core component of the Strategic and Cooperative Partnership for Peace and Prosperity……. conducive not only to the common interests of both sides, but also to stability and prosperity of the region and the world.” [9][10]

This vital public statement uncovered an evolving relationship where constructive engagement will be the new normal. Following his return to China, Xi Jinping called a top level meeting with services chiefs and gave them, as some reports say, real dressing down telling them that the armed forces must work under the CPC. This was not reported by India’s pro-West mainstream media but the border incidence was kept on the front page for days.

3. Between 2004-2014, Narendra Modi was consolidating his power within his party [BJP] but even within the BJP a large segment was secretly collaborating with Singh-Sonia duo. Many of Modi’s current cabinet ministers are known collaborators of pro-West clique which ultimately links them with the Western Crime Conglomerate [WCC] whichever way one defines WCC. [Banksters, Anglo-American Zionists, the Bilderbergers, the Jesuits, American fundamentalist Christians or any combination]. Russia and China were watching the drama unfold as India stumbled from one multi-billion dollar scam to another, open looting of its natural resources, and the NGOs, particularly Liberal West’s darling Arundhati Roy openly advocating ‘Breaking India’ for which she was charged with sedition. Events between 2009 and 2014 gave an impression, to me at least, that India would be broken up into five to seven countries.

My detailed report weeks before Narendra Modi’s landslide victory was not published by leading Left Liberal websites because they still believe that Narendra Modi is a fascist. They have not done their homework and don’t know the ground reality in India.

4. Modi won absolute majority in the Parliament and became Prime Minister in May [results were declared on 16th May, 2014]. A Chinese delegation was in Delhi that time finalising Agriculture related agreements. They stayed back and returned one month later! Perhaps during this initial phase the ground work for BRICS and broad based cooperation was discussed and shared with the Russians. People don’t know in the West that 50-60% of all international treaties India has are with Russia and China. Also worth noting is that China and India never had a border, never fought a war in their 8,000-year history and about 3000-years’ history of trade relations. [Fleets of merchant ships would sail around November from India, aided by wind, drop anchor at Bali (Indonesia), then sail up North to East Asia, China and Japan. Even today Bali-Yatra (Voyage to Bali) is celebrated as a major festival in Orissa. Similarly, Chinese ships came here].

5. Modi, Xi Jinping and Vladimir Putin are deeply religious and deeply grounded in their traditional civilizational values. Modi is conservative Hindu, Xi follows Confucius and Putin is Eastern Orthodox Christian. They have evolved a common world view in which Britain and USA-the main architects of Western domination, the Anglo-American Zionists, and the Vatican- have no role. That’s what is the deep structure of their shared belief system. They can’t accept coercion. Modi made that absolutely clear in his joint Press conference with Putin and Jinping.

6. Fact check-economy: The combined GDP of Russia, China and India [RCI] in 2014 was larger than that of Germany. USA, UK, France and Italy [GUUFI]. Savings to GDP ratio and investments in Fixed Capital were much higher in RIC as compared to GUUFI. The western media alleges that Russia lives off oil and gas economy. This is false. Russia has balanced and diversified economy with perhaps lowest tax rate [about 13%]. RCI are unlikely to privatise core strategic assets and one reason RCI did not face financial problem in 2008 and earlier is that their biggest banks are Government owned and tightly regulated. Private Western banks have limited role, even in India. RIC have real manufacturing economy projected to grow at 5-6% [China], 8-10% [India] and about 8-10% [Russia]. All three have aversion to GMOs so their food sector will grow as well. RIC have 388 million hectare of good land which can feed the world. American agriculture will eventually be finished because RIC as well as EU have zero tolerance for GMOs. Furthermore, Modi’s declared policy is to compensate a farmer at Cost of production + 50%. China increased its agricultural production by 750% between 1980 and 2005. Russia has earmarked agriculture sector for heavy investment. Armies can fight wars only when they have healthy food. American soldiers have GMOs in their belly, somehow surviving to walk straight.

6. Fact check-military: RIC have an immense military infrastructure. Active men/women number about 4.37 million against GUUFI’s 2.15. Total armed forces number 11.92 million for RIC against GUUFI’s 3.64. The technological gap has been closed in almost all types of weapons’ system. Russia has trained its soldiers to such high level that each can perform the role of five NATO soldiers because they have just 145 million people and the smallest armed forces. It is for this reason that the West has used the fifth columnists [NGOs] to create problems in Russia, China and India, consistently for the past 15-20 years. Insiders from the USA say that their nuclear command has been compromised by Obama, perhaps a reason why both Paul Craig Roberts and Lynn LaRouch have been warning of thermonuclear war.

7. Important recent developments juxtaposed against history

Xi-Jinping and Modi signed an agreement on many cooperation areas but paragraph 18 paves the way for potentially full spectrum military alliance. Without China’s tacit cooperation India could not have taken up massive deployment of troops against Pakistan in 1971 war. India withdrew the highly trained mountain divisions across the Indo-Chinese border to be redeployed against Pakistan. Many writers cite Indo-Chinese war of 1962 and the border issue as a hindrance to full scale cooperation. If I remember correctly, Chou En Lai had made an offer to India in the mid 1950s to cede barren rocks of Aksai Chin for access to Tibet, in exchange for more fertile land in the East, part of Tibet, north of Arunachal Pradesh then known as North East Frontier Agency [NEFA]. India’s Prime Minister Nehru, gloriously known as international political monkey and a British lackey, refused the deal and ordered war without any preparation. Indian soldiers with canvas shoes and no high altitude survival training capitulated against 9:1 Chinese attack force. This event is written about in India as China’s war against India. The fact is that straight analysis in “The Great Himalayan Blunder” prove foolishness of two British stooges and many army commanders of World War II vintage caused the problem. Misleading writings of typically pro-Empire rogues like Maxwell’s “India’s China War” can be dismissed.

Russia-India military alliance was signed in 1971 during the Soviet era that still is on the statue books. That alliance ensured the liberation of East Pakistan now known as Bangladesh. When the US Pacific fleet sailed from Guam to ‘teach India a lesson,’ the Soviet fleet was right behind. British warships in the Arabian Sea sighted Russian submarines too frequently and left the area in a hurry. Before the Pacific fleet led by USS Enterprise could reach war zone, Bangladesh had been liberated. IT was one of the greatest defeats of Anglo-American warlords.
Putin and Modi have signed a raft of MoUs on 20 cooperation areas including joint design and construction of nuclear reactors for world market, joint development and manufacturing of helicopters, passenger aircrafts [essentially to compete with Airbus and Boeing], joint military officers’ training programme, etc. Putin’s 22 hour stay in Delhi was a momentous occasion during which sixteen major cooperation agreements were signed in addition to already existing 69, highest with any country. The most important ones deal with joint production of nuclear reactors, as many as ten new nuclear reactors in India, manufacturing of Russia’s technologically advanced helicopters in India, major energy deals and other cooperation.
https://www.youtube.com/watch?v=Qmy1MHqupqc

Foreign policy: The most significant statement came in the joint press conference of Putin and Modi on 11th December on Afghanistan, Iraq and Syria and earlier with Xi Jinping. Both statements have been downplayed or removed. They said (a) the way things are going on has to change and (b) Russia, China and India have a role to play to start peace process and economic development. The oblique reference was that the world has had enough of plundering and killing, It must stop now.

SUN TZU in the ‘ART OF WAR’ states: “Those who use fire to assist their attacks are intelligent; those who use inundations are powerful.” [sic]

[1] Modi’s background
http://en.wikipedia.org/wiki/Narendra_Modi
[2] http://timesofindia.indiatimes.com/…/articleshow/1715287.cms
http://timesofindia.indiatimes.com/…/articleshow/1698471.cms
[3] Russia India dialogue on Pipeline starts
http://www.hindustantimes.com/…/india…/article1-1248292.aspx
[4] http://www.salem-news.com/ar…/may132012/soetoro-maino-as.php
[5] http://www.vijayvaani.com/ArticleDisplay.aspx?aid=3188
In this article I had said weeks before election results that if Narendra Modi does not win, India could be dismembered and South Asia would be in serious trouble.
[6] http://www.globalresearch.ca/the-political-crisis-in-…/31494
[7] http://defence.pk/…/modi-warns-against-narco-terrorism-by-…/
[8] http://www.narendramodi.in/speech-of-hon%E2%80%99ble-chief…/
He is the first Prime Minister who has not gone to London to pay obeisance to the Lords of the planetary manor. Nor has he given much importance to the Western European Governments, nor to the World Bank whose CEO came calling within days of his taking up as PM.
[9] Xi Jinping accorded ceremonial welcome [last 5 minutes, very important]
https://www.youtube.com/watch?v=6gqxWEz8zok
[10] http://www.mea.gov.in/bilateral-documents.htm…

 

It’s Time to Fix America’s Infrastructure. Here’s Where to Start


An aerial view of the Interstate 35W bridge that collapsed over the Mississippi River in Minneapolis, Aug. 3, 2007.

President Obama believes America must build “21st century infrastructure—modern ports, stronger bridges, faster trains and the fastest Internet,” and in his State of the Union this week he asked the Republican-controlled Congress to pass a bipartisan infrastructure plan, likely the trillion-dollar legislation Senator Bernie Sanders proposed earlier this month.It’s an ambitious plan that many agree is desperately needed.

The American Society of Civil Engineers says the US needs massive investments in all essential infrastructure, from bridges and airports to dams and railways. According to the society’s most recent infrastructure report card, the US earns a D+ for its infrastructure. It is, in a word, a mess. This is about much more than potholes. This is about keeping the economy, literally and figuratively, moving. Much of the economic boom the United States has experienced over the last 50 years is because the network of highways makes it easy to ship goods. If it continues into a state of disrepair, the long-term hit to our economy could be catastrophic.

“The grades in 2013 ranged from a high of B- for solid waste to a low of D- for inland waterways and levees,” the society wrote in the 2013 report, which is issued every four years. Things got a bit better, but not by much. “Solid waste, drinking water, wastewater, roads, and bridges all saw incremental improvements, and rail jumped from a C- to a C+. No categories saw a decline in grade this year.” Bringing it all up to current standards will be a massive, and massively expensive, undertaking akin to the construction of the interstate highway system. At the bottom line, the US would have to invest $3.6 trillion to bring it all up to snuff by 2020.

“Let’s set our sights higher than a single oil pipeline,” President Obama in the State of the Union, referring to the controversial Keystone XL oil pipeline. “Let’s pass a bipartisan infrastructure plan that could create more than thirty times as many jobs per year, and make this country stronger for decades to come.”

There’s a lot of work to be done. Here’s an overview of the American infrastructure that needs to be fixed, and some good places to start the work.

Highway Funding

In 2007, taxpayers spent $146 billion on highways in the United States, with three-quarters of that coming from state and local governments and the rest from the feds. For major highway projects, federal funds are matched with state or local dollars, especially if the project benefits interstate travel. Much of highway investment comes from the Highway Trust Fund, funded by an 18.4 cent per gallon excise taxes on gasoline, and 24.4 cents per gallon on diesel. There are also revenues generated various taxes on trucks.

Unfortunately, highway fund revenues have been insufficient to fully fund existing highway spending, with Congress authorizing billions of dollars in transfers from the US Treasury’s General Fund into the Highway Trust Fund to keep it solvent, including a $10.8 billion transfer last August. It has ongoing funding needs that will continue unless a more permanent solution can be found, either by raising the national gas tax (which hasn’t been increased since 1993), or some other funding measure. The Congressional Budget Office expects the Highway Trust Fund to have an annual shortfall of $15 billion.

A number of solutions have been proposed including mileage-based fees on drivers, additional gas taxes, or simply pulling more money from the Treasury’s General Fund. And that’s just for highways.

Falling Down Bridges

One in 10 bridges are deemed structurally deficient, meaning the bridge has a significant defect that requires reduced weight or speed limits. (It does not necessarily mean the bridge is unsafe.) Another 14 percent of the nation’s 607,380 bridges are considered “functionally obsolete,” meaning they are no longer suited to their current task because of overuse or a lack of safety features, yet are still in use.

This is not an academic issue. Just last week, an overpass collapsed on I-75 in Cincinnati as it was being dismantled, killing a construction worker and gravely injuring a truck driver. It remains to be seen if the collapse was due to the age and condition of the span, or was an unfortunate demolition accident, but it underscores the risks we face. More well known was the collapse of the I-35 West Mississippi River Bridge in Minneapolis seven years ago. Thirteen people were killed and 145 injured. The bridge had been deemed structurally deficient in 1990, though the collapse was attributed to a design flaw that was exacerbated by an increase in bridge load over time.

“For many years we have underfunded the maintenance of our nation’s physical infrastructure,” Sen. Sanders wrote in an op-ed earlier this week. “I will soon be introducing legislation for a $1 trillion investment, over five years, to modernize our country’s physical infrastructure.”

Waterways

Inland waterways, including canals and rivers, move the equivalent of 51 million truckloads of goods every year—and half the locks are more than 50 years old. According to the ASCE, the problem is so bad that many barge operators have supported an increase in their fuel tax to increase funding to the Inland Waterways Trust Fund, the main user funding mechanism for construction and rehabilitation of inland waterways. So, what needs to be done?

The US Army Corps of Engineers, which maintains most of the system, says it will take $13 billion through 2020, with 27 percent of that going towards new lock and dam facilities and 73 percent toward improving existing facilities. Without an increase in funding, it could take the Army Corps until 2090 to finish everything on the to-do list.

The Olmstead Lock Project on the Ohio River, estimated at $3 billion, has been one of the biggest drains on the Inland Waterways Trust Fund. Originally authorized by Congress in 1988 for $775 million, the project isn’t expected to be completed until 2020. It’s the largest and most expensive inland water navigation installation in the country.

Before legislation introduced last year, the project absorbed almost all of the Trust Fund, though now Congress has separately appropriated funds to pay for the project, freeing up cash for other overdue projects.

Ports, Harbors, and Dams

Then there are the hundreds of commercial ports and harbors. But it’s not the cargo terminals that need upgrading—those have seen significant investment as shipments in standardized containers have risen over the past couple of decades. Instead, it’s the navigation channels that need upgrading, and taxpayers foot that bill. To handle the New Panamax ships—which, at 1,200 feet long and 161 feet wide, are the largest capable of navigating the new locks being built in the Panama Canal—navigation channels as deep as 45 feet will need to be dredged.

The ASCE cites the Port of Savannah, in Georgia—the fourth busiest in the country—as needing improvement, claiming that deepening its channels by just six feet will reduce the cost of shipping in and out of the port by 15 to 20 percent.

Our dams are equally in need of investment and upgrades. In 2012, nearly 14,000 dams were considered a high-hazard, where failure of the dam would likely cause the loss of life. They’re not necessarily unsafe, but if they were to fail, very bad things would result. Complicating matters, just 4 percent of the nation’s 84,000 dams are owned and operated by the federal government; the rest are managed by state governments, regional authorities or private entities like utility companies. These dams are overseen by state, rather than federal, safety programs, many of which lack sufficient funding. South Carolina, for example, has one full-time inspector and one half-time inspector to inspect the state’s 2,380 dams.

They’re also frightfully expensive to maintain. The US Army Corps of Engineers says it will take more than $25 billion to do all of the maintenance required at the 694 dams it manages, and without an infusion of cash it will take 50 years to complete the repairs. According to the Association of State Dam Safety officials, rehabilitation of all dams categorized as high-hazard would cost some $21 billion.

“For the U.S. economy to be the most competitive in the world, we need a first class infrastructure system” said the ASCE report. “We must commit today to make our vision of the future a reality—an American infrastructure system that is the source of our prosperity.”

Whether a Republican Congress and the Democratic President can actually get together and agree to do it is another question entirely.

http://www.wired.com/2015/01/time-fix-americas-infrastructure-heres-start/