Socio-Economics History Blog

Socio-Economics & History Commentary

Bob Chapman: 2011 Forecast, Silver $50-$70/oz, Gold $1650 – $2400/oz.

January 15, 2011 Posted by | Economics | , , , , , | Comments Off

Chuck Missler & Tom Horn: The EndTimes Strong Delusion! Official UFO-Alien Disclosure, Prepare For Contact!

  • First broadcasted on April 2010.
     
    Official Disclosure Of Alien Life Imminent
    Recently The Royal Society, the national academy of science of the UK and the Commonwealth hosted representatives from NASA, the European Space Agency and the UN Office for Outer Space Affairs, during its 350th anniversary celebration. The event offered some dizzying intellects in the featured discussion, “The Detection Of Extraterrestrial Life and the Consequences for Science and Society.” Lord Martin Rees, President of the Royal Society and Astronomer Royal, announced that aliens may be staring us in the face in a form humans are unable to recognize. Other speakers used words like “overwhelming evidence” and “unprecedented proof” to signify how close we are to making irrefutable discovery of alien life. Some, like Simon Conway Morris, professor of evolutionary­paleobiology at Cambridge University, worried that contact with these unknowns might not be a good thing. Extra-terrestrials might not only resemble us but have our foibles, such as greed, violence and a tendency to exploit others’ resources,” he said. “And while aliens could come in peace they are quite as likely to be searching for somewhere to live, and to help themselves to water, minerals and fuel.
     
    Vatican astronomers likewise weighed in on this question, “Are we alone in the Universe,” and their top scholars are hinting that discovery of alien life, including intelligent life, might be made in the near future. Father Jose Gabriel Funes in a long interview with the L’Osservatore Romano newspaper said there is a certain possibility of intelligent life elsewhere in the universe, and that such notion “doesn’t contradict our faith.” Another Vatican astronomer, Guy Consolmagno concluded that chances are better than not that mankind is facing a near-future discovery of extraterrestrial intelligence. Monsignor Corrado Balducci made similar news when he said ETs were actually already interacting with earth and that some of the Vatican’s leaders are aware of it.
     
    To separate fact from fiction and to understand the social, scientific, and spiritual ramifications of alien disclosure and/or contact with earth, some of the world’s leading authorities–including some who attended the 2010 Royal Society Conference such as Nick Pope, Britian’s Military of Defence lead officer over UFO research–speak out in this special 18 hour series on the numerous important issues that could soon affect all mankind. Questions such as:
     
    * Is official disclosure of alien contact near? When will it happen?
    * Are the aliens friendly or hostile?* What is happening during alien abduction?
    * Are angels or demons involved?
    * Is this the fulfillment of biblical prophecy?
     
    The answers to these questions are sometimes unnerving as ex-government agents with above top-secret security clearance, world-famous field investigators, physicists and theologians peel back for the first time the truth behind a reality so astonishing the personal destiny of every man, woman and child may shortly be impacted by it. Featuring: Chuck Missler, Thomas Horn, Gary Stearman, Michael Heiser, Nick Pope, Stanton Friedman, Jesse Marcel Jr., James Hughes, Joe Jordan, Lynn Marzulli, David Ruffino, Doug Elwell, Ken Klein, Mike Bennett, Terry James, Guy Malone, Stephen Yulish, Keith Robinson and more. Learn more at:
     
    http://www.SurvivorMall.com
    http://www.ApollyonRising.com
    http://www.RaidersNewsNetwork.com
     
  • See also:
     
    Chuck Missler – Return of the Nephilim, UFO, Aliens & the Bible 
    Chuck Missler – Days of Noah, Nephilims & UFOs 
    Dr. Mark Eastman: Ancient UFO History and the Modern Phenomenon
    Vatican Seeks Signs of Alien Life, Vatican’s 2009 Conference on Astrobiology. Alien Hybridization, Nephilim & Parable of Wheat and Tares.
    Steve Quayle And Tom Horn: Genetic Armageddon Part 2, Return of the Nephilim Giants Demigods, Transhumanism…29 June 2010
    Bill Schnoebelen: UFO, Aliens and Nephilim EndTime Attack on Humanity!
    Bill Schnoebelen: UFOs, Aliens, Masonry And Satanism In The Occult Social Order!

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January 15, 2011 Posted by | EndTimes, History | , , , , | 2 Comments

Tom Horn, Gary Stearman & LA Marzulli: The Secret ‘Alien’ Agenda! Return To The Days of Noah, Nephilim ‘Alien’ Human Hybrids, The EndTimes Grand Deception ….

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January 15, 2011 Posted by | EndTimes | , , , , , , , | 2 Comments

France And Germany Veto Increase In EU Rescue Fund !

France's President Sarkozy with German Chancellor Angela Merkel. Photo: REUTERS

  • The 10 horns/toes of the Revived Roman Empire is forming. At the end of this period, we will see 10 countries united to form this neo-EU. It will at least take 3-4 years more. The current 17 member states of the Eurozone will definitely be downsized to 10. I expect countries like Ireland to default and leave the Eurozone.
     
  • Keep in mind that the current crisis is engineered for the further integration and consolidation of power by the Illuminati. They are now talking about fiscal budget integration ie. the EU parliament will set and oversee fiscal budgets of member states. This clearly implies political union/integration. What good is the task of overseeing fiscal budgets when you do not have the power to enforce rules? Political union is coming ie.: A United States of Europe!
     
    France and Germany veto increase in EU rescue fund
    Germany and France have rejected calls by Brussels for a rapid increase in the size and powers of the EU’s rescue machinery, once again exposing serious differences at the heart of monetary union.
      
    Jose Barroso, head of the European Commission, called on EU leaders to boost the firepower of the EU’s €440bn (£366bn) bail-out fund and beef up its role, allowing it to intervene with pre-emptive bond purchases to help states under threat. “It is important for the markets to know that Eurozone leaders are committed to do whatever is necessary,” he said, hoping for action as soon as early February.
     
    He also proposed a “new phase of European integration” with far-reaching oversight of the budgets, pensions, labour markets, and trade flows of EU states to prevent a recurrence of the imbalances that led to the EMU debt crisis. Mr Barroso said the fund boost was a “precautionary” move, not directed at any one country. The gambit is risky since it may be taken by investors as a sign that Brussels fears imminent contagion to Spain, deemed too big for the current fund.
     
    The response in Paris and Berlin was chilly. “We think the fund is big enough,” said Francois Baroin, France’s budget minister. German Chancellor Angela Merkel said the bail-out mechanism was “nowhere near exhaustion”, adding curtly that she did not wish to debate the matter “any further”.
      
    Mrs Merkel is wary of attempts by Brussels to bounce her country into an EU debt union, or ‘Transferunion’ as it is described luridly by Germany’s press. Such moves may breach the German constitution. … Charles Dumas at Lombard Street Research said Germany faces an impossible demand. “If the German people go along with plans to prop up the economies of Club Med to save the euro, it means that they will have to pay subsidies for the next decade or two that significantly exceed what they have had to pay for German reunification,” he said.
     
    Separately, EU officials have floated proposals for a bank tax to fund the EU’s permanent bail-out fund from 2013 onwards. An EU source said member states are “very cautious” about such an intrusion into fiscal sovereignty.

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January 15, 2011 Posted by | Economics | , , , , , | 1 Comment

Ellen Brown: The Fed Has Spoken – No Bailout For Main Street!

  • The FedRes is a privately owned Illuminist organization. It serves its Illuminist bankster masters. Americans should not be under the illusion that it serves Main Street. It serves Wall Street banksters because they are the shareholders of the FedRes. This privately owned central bank exists for the shearing of the sheeple. It is simply stealing from the poor, middle class, sheeple and giving it to the Illuminists.
     
    America’s Economic and Social Crisis: The Fed has Spoken: No Bailout for Main Street
    The Federal Reserve was set up by bankers for bankers, and it has served them well.  Out of the blue, it came up with $12.3 trillion in nearly interest-free credit to bail the banks out of a credit crunch they created. That same credit crisis has plunged state and local governments into insolvency, but the Fed has now delivered its ultimatum: there will be no “quantitative easing” for municipal governments.
     
    On January 7, according to the     Wall Street Journal, Federal Reserve Chairman Ben Bernanke announced that the Fed had ruled out a central bank bailout of state and local governments.  “We have no expectation or intention to get involved in state and local finance,” he said in testimony before the Senate Budget Committee. The states “should not expect loans from the Fed.”
     
    So much for the proposal of President Barack Obama, reported in     Reuters a year ago, to have the Fed buy municipal bonds to cut the heavy borrowing costs of cash-strapped cities and states. The credit woes of state and municipal governments are a direct result of Wall Street’s malfeasance.  Their borrowing costs first shot up in 2008, when the “monoline” bond insurers lost their own credit ratings after gambling in derivatives.  The Fed’s low-interest facilities could have been used to restore local government credit, just as it was used to restore the credit of the banks.  But Chairman Bernanke has now vetoed that plan.
     
    Why?  It can hardly be argued that the Fed doesn’t have the money.  The collective budget deficit of the states for 2011 is projected at $140 billion, a mere drop in the bucket compared to the sums the Fed managed to come up with to bail out the banks.  According to     data recently released, the central bank provided roughly $3.3 trillion in liquidity and $9 trillion in short-term loans and other financial arrangements to banks, multinational corporations, and foreign financial institutions following the credit crisis of 2008. 
     
    The argument may be that continuing the Fed’s controversial “quantitative easing” program (easing credit conditions by creating money with accounting entries) will drive the economy into hyperinflation.  But creating $12.3 trillion for the banks – nearly 100 times the sum needed by state governments — did not have that dire effect.  Rather, the money supply is     shrinking – by some estimates, at the fastest rate since the Great Depression.  Creating another $140 billion would hardly affect the money supply at all. 
      …
    …The Fed is simply replacing expensive credit from private banks (which also create the loan money on their books) with cheap credit from the central bank.  
     
    So why isn’t the Fed open to advancing this cheap credit to the states?  According to Mr. Bernanke, its hands are tied. He says the Fed is limited by statute to buying municipal government debt with maturities of six months or less that is directly backed by tax or other assured revenue, a form of debt that makes up less than 2% of the overall muni market.  Congress imposed that restriction, and only Congress can change it.
     
    That may sound like he is passing the buck, but he is probably right.  Bailing out state and local governments IS outside the Fed’s mandate.  The Federal Reserve Act was drafted by bankers to create a banker’s bank that would serve their interests.  No others need apply.  The Federal Reserve is the bankers’ own private club, and its legal structure keeps all non-members out.   
      ….
    So Who Will Save the States?
    Highlighting the immediacy of the local government budget crisis, The Wall Street Journal quoted Meredith Whitney, a banking analyst who recently turned to analyzing state and local finances.  She said on a recent broadcast of CBS’s “60 Minutes” that the U.S. could see “50 to 100 sizable defaults” in 2011 among its local governments, amounting to “hundreds of billions of dollars.”
     
    If the Fed could so easily come up with 12.3 trillion dollars to save the banks, why can’t it find a few hundred billion under the mattress to save the states?  Obviously it could, if Congress were inclined to put non-bank lending back into the Fed’s job description.  Then why isn’t that being done?  The cynical view is that the states are purposely being kept on the edge of bankruptcy, because the banks that hold Congress hostage want the interest income and the control.
     
    Whatever the reason, Congress is standing down while the nation is sinking. Congress must summon the courage to take needed action; and that action is not to impose “austerity” by cutting services, at a time when an already-squeezed populace most needs them.  Rather, it is to create the jobs that will generate real productivity.  To do this, Congress would not even have to go through the Federal Reserve.  It could issue its own debt-free money and spend it on repairing and modernizing our decaying infrastructure, among other needed works.   Congress’ task will become easier if the people stand with them in demanding action, but Congress is now so gridlocked that change may still be long in coming.  
     
    In the meantime, the states could take matters in their own hands and set up their own state-owned banks, on the model of the Bank of North Dakota.  They could then have their own very-low-interest credit lines, just as the Wall Street banks do.  Rather than spending or selling off valuable public assets, or hoarding them in massive rainy day funds made necessary by the lack of ready credit, states could LEVERAGE their assets into a very strong and abundant local credit system, following the accepted business practices of the Wall Street banks themselves. 

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January 15, 2011 Posted by | Economics | , , , , , , | Comments Off

   

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