Ron Paul: “Government Should Be There To Protect Our Liberties Not Run The Economy & Police The World !”

Bob Chapman: 33 Banks May Be Wiped Out!

• Bob Chapman : “They want to bring the economies and the financial systems of Europe, England and the United States to a level where the unemployment and the financial chaos will be such that people will be happy to accept world government , and this is really what it is all about …..”

end

Predatory Policy: US, UK Enter Yemen With Deadly Drone Strikes, Choppers!

Colonel 6 Reaffirms Ground Invasion of Libya, Other Middle East Countries by Obama!

Max Keiser: Mass Rioting In Greece As Economists Warn Of Global ‘Armageddon Scenarios’!

Ireland Snubs ECB Effort to Avoid Meltdown With Threat to Bank Bondholders!

• The financial quakes are sounding off. Greece and Ireland will default sooner or later. Do not for one moment think that Illuminist banks (ECB and IMF) are there to help the Irish and Greeks. How does lending money at exorbitant interest rates help Greece and Ireland? And they call this a bailout? What bailout? There is no bailout. This is just loan sharks (IMF & ECB) smelling blood and going in for the kill ! These are privately owned Illuminist organizations. They are there to force a fire sale of national assets/treasures into Illuminist hands.
  -
  Ireland Snubs ECB Effort to Avoid Meltdown With Threat to Bank Bondholders!
  By Jana Randow and Simon Kennedy, http://www.bloomberg.com/
  Ireland opened a new front in the drive to restructure debt on the euro area’s periphery, adding to the European Central Bank’s concerns as it tries to head off another wave of financial turmoil.
  -
  Irish Finance Minister Michael Noonan said yesterday that senior bondholders should share in the losses of Anglo Irish Bank Corp. and Irish Nationwide Building Society, reversing a policy of protecting owners of senior securities. The ECB is against imposing losses on investors. President Jean-Claude Trichet said on Feb. 7 that haircuts aren’t part of a plan to reduce Ireland’s debt load.
  -
  Ireland’s about-face on bondholder involvement in its banking crisis comes as European lawmakers struggle to settle a dispute over how to avoid a Greek sovereign default. While German Finance Minister Wolfgang Schaeuble said last week that Europe’s biggest economy insists on the participation of the private sector, his French counterpart Christine Lagarde has ruled out any action that constitutes a “credit event,”backing the ECB’s view.
  -
  “Noonan must be kidding,” said Klaus Baader, an economist at Societe Generale in London. “It’s not so much money-saving as a way of Ireland trying to improve its bailout terms, just as the Eurogroup is focused on Greece. Naturally, it means investor stress and increases pressures on bank funding. The ECB won’t take this particularly seriously, but the annoyance factor is extremely high.”
  …
  ‘Contagion Effect’
  “Greece could have a contagion effect,” ECB Vice President Vitor Constancio said yesterday. “That’s the reason why we are against any sort of default with haircuts and any form of private-sector event that could lead to a credit eventor a rating event.”
  -
  The euro fell to $1.4074 in New York, the weakest level since May 26, before paring its decline. The cost of protecting European corporate bonds soared to the highest level since January and credit default swaps anticipated an 81.5 percent chance that Greece won’t pay its debts. The cost of insuring against default on Irish and Portuguese government debt also surged to records.
  -
  “Given the amount of pressure the ECB is under on Greece and its hardening position against any private-sector involvement, I don’t think they’ll be changing their position on Ireland at this stage,” said Giada Giani, an economist at Citigroup Inc. in London.

end

Military Sources Reveal Ground Force Invasion of Libya! U.S. Invasion of Libya Set for October!

• Wars and more wars are coming. War is a cover for economic collapse. When the economy collapses, the sheeple will rise up against their rulers. So, the Illuminists start wars as a way of killing off their opposition (the sheeple). It is simply mass culling, depopulation and at the same time it fulfils the Illuminist’s objective of world conquest. In a time of Great Depression, when you have no food, no jobs, screaming kids and wives, a job offer from the military looks mighty attractive! Guaranteed job security (almost) and constant income. A great many sheeple will sign up to be cannon fodder, to fight in foreign lands to feed the MIC-War monster.
  -
  INFOWARS EXCLUSIVE: Military Sources Reveal Ground Force Invasion of Libya
  Infowars.com has received alarming reports from within the ranks of military stationed at Ft. Hood, Texas confirming plans to initiate a full-scale U.S.-led ground invasion in Libya and deploy troops by October.
  -
  The source stated that additional Special Forces are headed to Libya in July, with a Calvary Division (heavy armor) and three corps deploying in late October and early November. Initial numbers are estimated at 12,000 active forces and another 15,000 in support, totaling nearly 30,000 troops.
  -
  This information was confirmed by numerous calls and e-mails from other military personnel, some indicating large troop deployment as early as September. Among these supporting sources is a British S.A.S. officer confirming that U.S. Army Rangers are already in Libya. The chatter differs in the details, but the overall convergence is clear– that a full-on war is emerging this fall as Gaddafi continues to evade attempts to remove him from power.
  -
  U.S. Invasion of Libya Set for October
  by Aaron Dykes, Infowars.com 
  Infowars.com has received alarming reports from within the ranks of military stationed at Ft. Hood, Texas confirming plans to initiate a full-scale U.S.-led ground invasion in Libya and deploy troops by October.
  -
  The source stated that additional Special Forces are headed to Libya in July, with the 1st Calvary Division (heavy armor) and III Corps deploying in late October and early November. Initial numbers are estimated at 12,000 active forces and another 15,000 in support, totaling nearly 30,000 troops.
  -
  This information was confirmed by numerous calls and e-mails from other military personnel, some indicating large troop deployment as early as September. Among these supporting sources is a British S.A.S. officer confirming that U.S. Army Rangers are already in Libya. The chatter differs in the details, but the overall convergence is clear– that a full-on war is emerging this fall as Gaddafi continues to evade attempts to remove him from power.
  -
  … click here for full article!
  -
• Daniel 7:23 (New King James Version)
  23 “Thus he said:
        ‘The fourth beast shall be
        A fourth kingdom on earth,
        Which shall be different from all other kingdoms,
        And shall devour the whole earth,
        Trample it and break it in pieces.

end

Is This It? Mass Rioting, Civil Unrest In Greece As Economists Warn Of Global ‘Armageddon Scenarios’!

• Although, I believe the Illuminists want to drag the crisis out for another year before allowing things to collapse in 2012, they are not God. Things are getting out of control and a Greek default can detonate and collapse the global financial system. The insurance for this is Gold. No fiat currency is safe. Do you really believe that the Illuminists will allow their Euro and USD to become toilet paper while allowing other currencies to survive? It is like shooting themselves on the foot! When their global financial hegemony goto hell, they will drag the rest of the world along.
  -
  Is This It? Mass Rioting, Civil Unrest In Greece As Economists Warn Of Global ‘Armageddon Scenarios’
  by Steve Watson, www.infowars.com
  As protesters continue to run riot in the streets,  economists are warning that the whole of Europe and by extension, the rest of  the world could face financial armageddon should Greece default on its debt, in  the absence of a second bailout.
  -
  Financial experts are warning of a ‘Lehman Moment’  as the European markets are beginning to show signs of unraveling in the wake of  the Greek crisis. “The markets have moved from simply pricing in a  high probability of a Greek debt default to looking at a scenario of it becoming  disorderly and of contagion spreading to other economies like Portugal, like  Ireland, and maybe Spain, Italy and Belgium.” a former UK Treasury official told  Bloomberg news.
  -
  Many European countries and banks currently hold  billions in Greek debt, meaning that a Greek default will act like a virus  throughout Europe. According to the Bank for  International Settlements, Spanish banks currently hold $600  million in Greek debt, Italian banks hold $2.6 billion, UK banks hold $3.2  billion, French banks hold $19.8 billion, German banks hold $26.3 billion and  other Eurozone countries hold a combined total of around $15.7 billion in Greek  debt. US banks also hold $1.8 billion in Greek debt and  Japanese banks hold $500 million in Greek debt.
  -
  The euro has declined by more than 2 percent  against the already vastly devalued dollar within the past two days. Equities  declined around the world, while corporate bond protection costs soared to their  highest level since January. There is now an estimated 78 percent chance that  Greece will not pay its debts. Four of Greece’s largest banks have been downgraded by Standard & Poor’s, while  Moody’s Investors Service said it may downgrade BNP Paribas SA and two  other big French banks owing to the amount of Greek debt they hold.
  -
  A worldwide market freeze on the scale of that  seen in 2008 following the collapse of Lehman is looking increasingly likely.  Such a scenario would send shockwaves through currencies, money markets, equities and derivatives globally.
  -
  The Greek Prime Minister, George Papandreou, is  seeking a parliamentary vote on a 78 billion-euro ($110 billion) program of  austerity cuts and asset sales. The EU and the IMF have announced that the  program must be passed by the end of the month in order that the country can  receive “funds disbursement”.
  -
  Should such a motion not pass, “Armageddon  scenarios come into play, which include default and potentially the whole  contagion scenario plays out.” Charles Diebel, head of market strategy at Lloyds  Bank Corporate Markets in London, wrote in a note to clients yesterday.
  -
  The Greek people, who are now facing either total  collapse of their country’s economy or the fire sale of everything of any value  that the country owns, have taken forcefully to the streets in protest. Central Athens has descended into a war zone with  ski masked protesters violently provoking police into firing tear gas into  crowds of otherwise peaceful protesters.

end

Why Your Money-Market Fund Could Be Hit by Greek Default!

• This article explains how inter-connected the world really is. The man on the street has no idea what is coming. He thinks he is totally safe as all his money are in safe money market funds. What he does not know is that such funds may be exposed to the Eurozone debt market.
  -
• Some of you may say: our deposits are insured ! But if the entire country goes belly up, where is the government going to get the money to bailout everybody? The answer is: money printing, creating money out of thin air! It means currency debasement! Got gold yet?
  -
  Why Your Money-Market Fund Could Be Hit by Greek Default!
  By: John Carney Senior Editor, CNBC.com
  Some of the safest, plain-vanilla investment accounts in the U.S. could be  challenged if Greece defaults on its sovereign debt.
  -
  Forty-four percent of mutual fund assets in the U.S. are invested in the short-term debt of European banks, according to a report from Fitch. A separate report from Moody’s noted that 55 percent of those holdings are in the commercial paper of French banks, such as Societe Generale, BNP Paribas ..  and Credit Agricole. French banks are some of biggest creditors to Greece, with over $53 billion in outstanding loans to the Greek government and private sector.
  -
  While fund managers have had plenty of warning of the potential of a default in Greece, many would likely still be caught off guard. Many fund managers assume that a bailout will prevent a default by Greece. The bankruptcy of Lehman Brothers similarly caught money-market fund managers off guard, famously causing the Reserve Fund to “break the buck.”
  -
  The debt of these French banks is still very highly rated and Moody’s says the risk of default on the short-term debt is very low. But the high ratings assume that the probability of a default by Greece is very low.
  -
  If Greece defaults, it is possible that the market value of the commercial paper of French banks could plummet and the ratings could be downgraded. Money-market funds would likely refuse to fund new issuances of the short term debt, creating a liquidity problem for the French banks.
  -
  Other European banks would likely face pressure as investors tried to measure their exposure to Greece and those over-exposed to Greece.

end

Greece is Fast Approaching The Point of No Return!

Renewed rioting in Athens worries investors as bankers and eurozone politicians squabble over the next bailout package. Photograph: KPA/Zuma/Rex Features

• It is touch and go for Greece. The likelihood of a default in the next few weeks is very high. It will be the start of a global financial meltdown. It will cause the house of cards: the Eurozone to collapse. Greece will cause the PIIGS to tumble. All eyes will be on Italy and Spain, when they collapse, all hell will break loose. Japan, UK and United States are not far behind. All fiat currencies will revert to their intrinsic value of ZERO!
  -
• The wildfire will spread throughout the world. I do not believe Asia will be spared. Nor do I believe that China will be unscathed. The entire world is closely interlinked because of ‘Globalization’. (‘Globalization’ is simply the SCAM for financial world conquest by Illuminist money power!)
  -
• When the PIIGS fall, the countries go belly up. Their banks go bust. The customers of the banks go bust. The depositors go bust. Other countries’ corporations that do business with the PIIGS’ corporations go bust. The other countries’ banks that are owed money by these local corporations go bust. On and on and on …. the madness continues. There is simply no fool-proof way of saying a strong country like Singapore will not be affected because it is not exposed to PIIGS debts. It is a nightmarish set of cascading dominoes spreading across the globe. It affects everybody, every bank, every corporation …. and every country! I repeat: got Gold yet?
  -
  Greece is fast approaching the point of no return
  Nils Pratley, guardian.co.uk
  An uncontrolled debt default by Athens is suddenly starting to seem a horrible possibility
  -
  Greeks rioted , the country’s prime minister offered to resign and the yield on Greek two-year sovereign bonds hit 28%. Meanwhile, the Dow Jones industrial average fell 190 points at one stage. Markets are carrying a simple message: we fear politicians and policymakers are losing control of the plot. The long-feared “Lehman moment” – an uncontrolled debt default by Greece, with the impact being felt across the eurozone banking system – suddenly seems a horrible possibility.Investors’ worries are understandable. The past month has seen the European Central Bank and eurozone politicians squabble over the design of the next bailout package for Athens. Private sector investors must share some pain, says German finance minister Wolfgang Schäuble, if German taxpayers’ money is to be dispatched. Unacceptable, says the ECB, we cannot allow anything that looks like a debt default, it would be too dangerous.
  -
  That squabble over the design of a bailout that wasn’t meant to be necessary (Greece was supposed to be borrowing in the market by now, according to last year’s plan A) suddenly looks a sideshow. If Greece doesn’t have an effective government capable of imposing the austerity measures demanded by its lenders, the game is close to up.
  -
  A unity administration in Athens might allow bailout talks to resume, but by then investors might have zero faith that the next package of loans could succeed where the last one failed. More austerity, even if the Greeks could be coerced into accepting more pay cuts and more state sell-offs, might simply damage the economy further.
  -
  Default, then, seems to be looming one way or another. The best policy would be to try control the damage by ensuring the impact of the rest of the eurozone banking system is as soft as possible. That assumes, of course, that damage-control is still an option. The point of no return is fast approaching.

end

Henry Makow: Illuminati Planning Another Financial Crash?

Don't you see the Illuminist pyramid and Satanic capstone on your dollar bill?

• More and more people are coming to the realization that: the Illuminists want a global economic, financial and monetary collapse leading to World War 3. This is their setup to usher in their Luciferian New World Order, One World Currency and Global Supra-National Central Bank –> ’666′. They want to lay the groundwork of intense global chaos and global wars to prepare the way for their ‘messiah’, ‘the one who is to come’, the Anti-Christ, the bringer of false peace!
  -
  Revelation 6:1-2, New King James Version (NKJV)
  First Seal: The Conqueror
  ¹ Now I saw when the Lamb opened one of the seals;^[a] and I heard one of the four living creatures saying with a voice like thunder, “Come and see.” ² And I looked, and behold, a white horse. He who sat on it had a bow; and a crown was given to him, and he went out conquering and to conquer.
  -
• Revelation 6 opens with an image of a whitehorseman who goes out conquering the world with a bow but no arrows. This is the Anti-Christ, false messiah and bringer of false peace. He arrives on the scene and becomes the great peace maker. For these 2 verses to make sense, it implies that the world is engulfed in world wars before this man of the hour arrives. If the world is in peace, these verses make no sense. The confirmation is in verses 3 & 4 also, an image of a fiery red horse and the horseman empowered to take peace from the earth ie. start wars! The world is entering a period of global wars, the period just before the arrival of the Anti-Christ.
  -
• The derivatives market is hard to understand. It is very likely far higher than the official BIS figures of US$600T. I believe it is closer to US$1,500T. These financial instruments are correctly termed as ‘financial weapons of mass destruction’ by Warren Buffet. It is an unregulated financial casino run by Illuminist banksters! QE is really about saving these TBTF Illuminist banks by providing them with cheap money to weather this derivatives storm that is blowing stronger and stronger. Be sure of this: financial tsunami dead ahead and very likely by end 2012! All hell can break loose at any moment.
  -
  Illuminati Planning Another Financial Crash?
  by Henry Makow Ph.D., http://www.henrymakow.com/index.html
  (Revises and updates an Oct 2009 article)
  As the talk of sovereign debt defaults roil the markets, it appears the Illuminati bankers may cause another financial breakdown as a way to enact a world currency and New World Order. This certainly was their mantra during the 2008 crisis.
  -
  The PBS Frontline Documentary “The Warning” proves the Illuminati bankers deliberately sabotaged the financial system, and continue to do so.
  -     
  Shortly after Brooksley Born became Chair of the Commodities Futures Trading Commission in Aug.1996, Fed Chairman Alan Greenspan summoned her to his office. There he told her that being a regulator did not include preventing or policing fraudulent activity. He said the “market” would take care of that.  Remember this is from the Rothschild’s point man in America!
  -
  It stands to reason, doesn’t it? The Fed itself, and central banks in general, are the biggest fraud in the history of the world. They create our currency in the form of a debt to them. A medium of exchange should belong to no one. 
  -
  The documentary describes what happened when Born tried to regulate the $495 trillion derivatives market. The four Illuminati Jews running the US financial system — Greenspan, Robert Rubin, Lawrence Summers and Arthur Levitt read her the riot act and stonewalled her proposals.
  -
  In Congressional hearings, Born insisted she was trying to protect the American people’s money from the reckless practices of US banks. 
  But the “committee of four” assured Congress that any regulation would itself bring down the system. Congress, dependent on banking contributions, supinely agreed.
  -
  In 1998, right on schedule, the financial system almost collapsed when a hedge-fund, “Long Term Capital Management”  went belly up.  In a harbinger of the future housing bubble,  the banks had made huge derivative bets on the Russian economy with LTCM. The Fed forced 13 US and international banks to purchase the hedge-fund. Altogether $4.6 Billion was lost. 
  -
  The documentary magnificently shows that although the American (and world) economies were at stake, and despite this near catastrophe, the Clinton and Bush Administrations refused to regulate the derivative market, and allowed it to grow to an eventual $595 Trillion during the housing bubble.
  -
  Not only did they refuse to regulate the industry, they forced  Brooksley Born ..out of her job by removing her powers. Her prophesy came true in 2008. Because of derivatives called credit default swaps, the US taxpayer was forced to indemnify US and foreign banks for more than two trillion dollars.
  -
  FAKE REPENTANCE
  At this time, Alan Greenspan was hauled before Congress and asked why he had rejected regulations. The documentary shows him confessing that he had been “mistaken.” The “world view” that had guided him for 40 years –that markets were self regulating– had been wrong.
  -
  What is shocking, and you can see this for yourself in this amazing documentary, Greenspan is making a Masonic “triangular” hand sign as he offers this confession. He is signaling to his fellow Illuminati that he knew exactly what he was doing. His confession was bogus.
  -
  Similarly, in the same documentary, Arthur Levitt, the Chair of the SEC at the time, makes the same sign while confessing he should have listened to Brooksley Born.
  -
  In other words, this dangerous high wire act is Illuminati policy. Brooksley Born says that we can expect more financial turmoil until markets are regulated. Or until world government is instituted, I might add. 
  -
  Alan Greenspan, Robert Rubin and Lawrence Summers were in charge in 1998. Their then-deputies, Timothy Geitner and Ben Bernanke are in charge now. All are Fed or Goldman Sachs alumni. This is like asking cocaine addicts to regulate drugs.
  -
  The hand signs and the fact that no significant regulation has taken place, suggests market turmoil again will be used to bring down the US (and world?) economies, cause a depression and usher in the New World Order.
  -
  PBS is virtually a province of the Rockefeller empire. Yet this Frontline documentary is superb, what journalism should be. Apparently, the Illuminati is willing to operate “in plain sight,” after the damage is done. They are also willing to stoke public anger at their mainly Jewish underlings. 
  -
  Born seems to be a Gentile. Her opponents were all Illuminati Jews. The optics are bad.
  -
  Essentially, the American people are being disenfranchised, disinherited and enslaved. Their leaders are Freemasons and Illuminati Jews who are dedicated to integrating the country into a world government run by the central bankers.  This is promised in The Protocols of the Elders of Zion. And it’s happening right on schedule.

Revelation 2:9 - .... and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

end