Socio-Economics History Blog

Socio-Economics & History Commentary

IDF Attacks Peaceful Children Demonstration With Tear Gas!

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

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July 2, 2011 Posted by | GeoPolitics, Social Trends | , , , , , , | Comments Off

Ancient Aliens: Season 2 Episode 1 & 2.

  • See also:
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    Ancient Aliens: Season 1 Episode 1
    Ancient Aliens: Season 1 Episode 2 & Episode 3 !
    Ancient Aliens: Season 1 Episode 4 & 5.
    Ancient Aliens: Season 1 Episode 6
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  • ‘Major deception of the last days… the (Satanic) priest told us … Master’s (Satan) Grand Plan for harvesting the nations/multitudes of the earth into his cause … Just before the close of the great controversy of the forces of good and evil … It is going to be done in a unique manner … people are going to eat this stuff … Spirits (demon spirits) will declare themselves to be inhabitants of far distant planets in the galaxies … coming to warn inhabitants of planet earth of the impending destruction of the planet … unless something is done to avoid it…’
    Roger Morneau, Ex Satanist
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  • There is an ongoing psychological warfare by the Illuminists against the world. They are preparing the world for the coming of the endtimes strong delusion!
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    2 Thessalonians 2:9-12 (New King James Version)
    9 The coming of the lawless one is according to the working of Satan, with all power, signs, and lying wonders, 10 and with all unrighteous deception among those who perish, because they did not receive the love of the truth, that they might be saved. 11 And for this reason God will send them strong delusion, that they should believe the lie, 12 that they all may be condemned who did not believe the truth but had pleasure in unrighteousness.
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    Revelation 12:7-9 (New King James Version)
    Satan Thrown Out of Heaven
    7 And war broke out in heaven: Michael and his angels fought with the dragon; and the dragon and his angels fought, 8 but they did not prevail, nor was a place found for them[a] in heaven any longer. 9 So the great dragon was cast out, that serpent of old, called the Devil and Satan, who deceives the whole world; he was cast to the earth, and his angels were cast out with him.
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    Revelation 16:13,14 & 16 (New King James Version)
    13 And I saw three unclean spirits like frogs coming out of the mouth of the dragon, out of the mouth of the beast, and out of the mouth of the false prophet. 14 For they are spirits of demons, performing signs, which go out to the kings of the earth and[a] of the whole world, to gather them to the battle of that great day of God Almighty.
    …. 16 And they gathered them together to the place called in Hebrew, Armageddon.[b]
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  • There is a strong likelihood that they will initiate phase 1 of this strong delusion at the end of the coming World War 3. This will be their fake 2nd coming of Jesus Christ, the Muslim Mahdi, Buddhist Maitreya … all roll into one. It will turn out to be: the Return of the Alien ‘Gods’ who created mankind via bio-engineering. They will offer gifts of ‘eternal life’, strange magical technologies, medical life extension and healing technological powers. These UFO-Aliens are really demons, fallen angels and their Nephilim children. Will this cause a great falling away of the Christian church. A 50-75% wipeout?
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    2 Thessalonians 2:1-3, New King James Version (NKJV)
    The Great Apostasy
    1 Now, brethren, concerning the coming of our Lord Jesus Christ and our gathering together to Him, we ask you, 2 not to be soon shaken in mind or troubled, either by spirit or by word or by letter, as if from us, as though the day of Christ[a] had come. 3 Let no one deceive you by any means; for that Day will not come unless the falling away comes first, and the man of sin[b] is revealed, the son of perdition,

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July 2, 2011 Posted by | EndTimes, Social Trends | , , , , , | 6 Comments

Bill Bonner: Advice To The Greeks – Tell The Bankers To ‘Drop Dead’!

Illuminist banksters: Rest in Pieces!

  • Bailout of the Greeks? What bailout? This is just loan sharks going in for the kill. How does lending Euro$110B to Greece at exorbitant interest rates help them? Within 5 years, the interest alone will amount to Euro$130B! Bailout? More like financial rape! (emphasis mine)
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    Why Greece Should Default and Go Broke With  Dignity
    By http://dailyreckoning.com/
    ….
    Investors still had the Greek debt crisis on their minds. But they seemed to  have gotten tired of worrying about it. …. But it’s not over yet. You’ll remember that we gave some advice to the  financial officials who are in charge of bailing out Greece? We told them to  take a page out of Gerald Ford’s book. Just tell the Greeks to “drop dead.”
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    Today, we give advice to the Greeks. Tell the bankers to ‘drop dead.’
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    A vote is expected today…which will tell us something. The Financial  Times says it could be a “suicide vote.” That is, the governor of Greece’s  central banks says the Greeks will be committing financial suicide if they don’t  go along with the plan. ……
    ….
    We’re not so sure. From what we’ve been able to make out of the rescue plan,  they’d be better off rejecting it. Not that we’re in favor of people who don’t  play fair. But this deck was always stacked. And the dealer had a few aces up  his sleeve at the get go. The way we figure it, the politicians, the banks – notably Goldman Sachs, as well as the big French banks – were in on the whole  thing from the get-go. It would be considered rude to mention it, for example at  a champagne-swilling reception hosted by Christine Lagarde, but the whole deal  was always corrupt. Goldman Sachs helped the Greeks disguise their debt so they  could get in the EU system. Then, more or less the same bankers, advising  pension funds, the IMF and the European Central Bank, urged them to buy Greek  debt. And then, when the debt went bad, they organized a rescue – which spared  the lenders any losses. And then, when the rescue went bad, they set to work  figuring out the terms of a new rescue…and warning the Greek people that if they  don’t go along, they’ll have to face Armageddon.
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    The Greeks would be better off calling their bluff.
    Then, they could go broke with some dignity. They wouldn’t get any more  credit. But more credit is the last thing they need. Besides, each time they are  rescued, they end up in worse shape, with more debt to pay…and higher interest  rates to pay on it.
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    So tell the bankers to ‘drop dead.’
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    Of course, the Greeks themselves were as corrupt as the bankers. They took their  opportunities, too, as they came along. If they could get paid for not working,  they didn’t work. If they could get a subsidy and not have to compete in the  real world economy, they took the subsidy. If they could retire early, or get  something for nothing, or hoodwink investors with some nonsense figures…of  course, they did it.

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July 2, 2011 Posted by | Economics | , , , , , , , , , | 1 Comment

Where Will You Go When The Sovereign Debt Volcano Blows?

  • Private bankster debts have been socialized and this is leading to a sovereign debt crisis. The amount of public debt which America carries is in the region of US$100T-200T when you include Social Security, Medicare, GSE debts, unfunded liabilities, off balance sheet items..etc. The debt to GDP ratio of most Eurozone nations exceed 100%, IMO, when you include all the off-balance sheet items and unfunded liabilities. Japan’s debt to GDP is over 200%! How will all these debts be repaid?
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  • Major banks in America has something like US$40-$90T of worthless derivatives in their books each. BoA has about US$40T, so does CitiBank. JP Morgan carries something like US$70-90T of these financial weapons of mass destruction in their books. How exactly do you lose US$40T? Illuminist banksters will protect and save themselves: To hell with the people.
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  • No one can afford to lose US$70-90T. The world GDP is only US$65T. So how will Illuminist banksters save themselves? What if a cup of coffee costs US$1T? Then, US$90T is only 90 cups of coffee. It is chump change, I can afford to lose this amount too. How do you get the price of coffee to US$1T? HYPERINFLATION! Get the idea? The snakes will create so much money out of thin air until fiat currencies are worthless! Got gold yet?
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    Where Will You Go When the Sovereign Debt Volcano Blows?
    by Ron Holland, http://www.thedailybell.com/
    “People never believe in volcanoes until the lava actually overtakes them.” – George Santayana
    ….
    Today we find the United States and most of Europe in a similar situation. We risk an eruption and collapse of the mountain of unsustainable sovereign debt built up over the last two decades. Frankly, the US dollar and national debt situation is so dire and our means to contain a sovereign debt crisis so limited by multiple wars, Washington’s debt and political incompetence at home, that anything could happen – almost overnight. Even a minor foreign policy or economic event like a Greek default or Middle East crisis could reap havoc with the precarious interlocking sovereign debt pyramid in the West.

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    Of course, no nation wants a collapse – especially China – because a western debt collapse and write down is certainly uncharted financial waters and the contagion risks are global. Still, America and most European governments and the central banking elites, which created the criminal sovereign debt fiasco, are only trying to buy more time and delay the inevitable. This inaction means the threat of an immediate US debt and dollar collapse cannot be ruled out. Therefore, readers who have not protected themselves certainly have cause to worry because now could be too late.
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    It Is Exit Time For Your Gold, Wealth & Family
    Although you may have some time, nothing else has to happen before a big collapse could take place, even within days. Consequently, after 30 years of watching, writing and creating protective retirement planning and financial strategies, today I’m finally going to yell “FIRE” inside the closed ‘financial iron curtain” which is America.

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    If you have failed to store your precious metals outside the US, diversify out of the dollar or reduce or terminate your private retirement plan, there is now a clear danger of a Washington dollar and sovereign debt crisis which could sweep away most of your remaining wealth and financial security.
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    I do not have a crystal ball or inside political information on a specific imminent threat, only the observation that the sovereign debt crisis from Europe, a debt ceiling misstep from the clowns in Washington or a Middle East event could suddenly trigger the collapse. Actually any major political or economic shock could bring the Madoff style Ponzi scheme, which Greenspan and Bernanke have created, down almost overnight on top of us.
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    This will likely happen over a weekend and the following Monday morning you could wake up to Presidential Executive Orders “means testing” you out of Social Security benefits if you still have substantial retirement benefits or personal savings. You’ll likely discover an end to your home interest deductions, new confiscatory taxes and restrictions on US gold and silver, controls on moving private wealth and funds to safety offshore and dramatic hikes in taxes and cuts in government programs. In addition, spiking inflation rates, violence and massive protests will immediately follow these confiscatory actions and cutbacks. You can also expect severe banking and stock market liquidity restrictions, or closures, and this will only be the beginning. In short your wealth will be trapped in dollars and locked up for the duration of the emergency inside the American jurisdiction.
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    Therefore if you haven’t already prepared for this type of crisis contingency ahead of time, I’m telling you there will be little you can do after the fact. Washington will simply take and throw your wealth and promised benefits at the problem thus buying them more time with your wealth.
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    The Central Banks, City of London & Wall Street Have Looted America and the World
    Back in 2007, did the Federal Reserve or your politicians or financial experts predict a collapse in housing prices of 30 to 50 percent? Remember, Bernanke, Greorge W. Ben Bush and Barack Obama all promised this was a temporary blip in the long-term upward trend in housing values. All advised you to “stay the course.”

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    Today, Tim Geithner claims we have a “strong dollar policy” but have you observed the 35% plus appreciation in the currencies of Brazil and Switzerland to the dollar in the last year? The EU establishment has repeatedly claimed over the last few months that the Greek problems are solved but these fake solutions usually only last a few days at best.
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    Back here in the US, there is talk about deficit reduction, cutting programs and tax increases but nothing really happens because solving the problem is political suicide. The American and European elites are buying time knowing that only a crash or war will give them the opportunity to act as they did in the 2008 meltdown. They only wait for a cataclysmic event to provide the fear, excuse and public support for government action needed to grab our private wealth and to delay their problems.
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    The mainstream American press doesn’t cover it, however the rest of the world knows that Wall Street banks and their central banking buddies in London and New York created the sovereign debt crisis. They then sold their profitable template, or imposed it on the end of a gun, for debt democracy to politicians around the world as a means to buy votes and maintain political control. The scam is now over and no one has a solution to the tens of trillions in debt already spent.
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    While many millions of poor people overseas are going hungry because of our exported inflation on food costs, now the foreign middle classes are being impoverished just to pay interest on the sovereign debts to our banking elites. Although, much of the world correctly blames their thieving politicians who’ve been bought off by our banking elites as the problem, our nation is also a target for their outrage.
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    …. for the full article click here!

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July 2, 2011 Posted by | Economics | , , , , , , , , , , , , | 2 Comments

RBA Director Professor Warwick McKibbin: Global ‘Train Wreck’ Coming!!

  • I have warned and will repeat the warning again: the world is heading towards a global economic, financial and monetary collapse. There are insurmountable debts in the industrialized world. Coupled with something like US$1.5 Quadrillion ($1,500 Trillion) of derivatives (financial weapons of mass destruction), it will sweep the whole world. All countries will be affected, Asia will not escape. The world is too inter-connected because of globalization. Listen to Australian Reserve Bank Director McKibbin.
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    Global ‘train wreck’ coming
    by PETER MARTIN, http://www.stuff.co.nz/
    The global economy is facing ”a slow-motion train wreck” with Greece only the first nation to be hit, Australia’s Reserve Bank director Warwick McKibbin says. Referring to the most recent global economic crisis as a mere ”blip”, he said the coming crisis could undo Australia’s mining boom and bring on inflation of the kind not seen since the 1970s.
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    Professor McKibbin told the Melbourne Institute conference dozens of European countries now had gross government debts on track to exceed 60 per cent of GDP. ”Japan is forecast to be 200 per cent of GDP, the US is forecast to be over 100 per cent of GDP,” he said.
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    ”At zero interest rates that can be sustained, but at 5 per cent interest rates countries have to put aside 5 per cent of their GDP every year just to service the debt. That is not sustainable. ”Already consumers aren’t spending and investors aren’t spending because of the tax increases that are in prospect.
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    ”Greece, Portugal and Ireland don’t just need to have their debts written off, they need to have a 30 per cent to 40 per cent depreciation of their real exchange rate,” he told the conference. ”There are two ways to do that, either pull out of the euro and depreciate by 40 per cent, or have deflation of 40 per cent over the next 12 months. ”I do not believe any society can survive having a 40 per cent deflation that’s been imposed by the International Monetary Fund and the European Central  Bank.”
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    As the US created more dollars to inflate away its debt repayment obligations, countries that are linked to the dollar, including China, India and parts of Latin America, would suffer 1970s-style inflation. ”In India inflation is 9 per cent, in China it is 6 per cent. That inflation is pushing up resource prices for now, but it will have to be brought under control with much higher interest rates,” he said.
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    Joking that he could not talk about Australian interest rates, which were in any event ”always appropriate”, the Reserve Bank board member warned that the inflation would spread worldwide. Australia needed a sovereign wealth fund to store mining income while it lasted, ideally stored in a separate account for each taxpayer so the government could not raid it.

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July 2, 2011 Posted by | Economics | , , , , , , , , | 2 Comments

Tarpley From Tripoli: Take Fishing Boat And You’ll be Drone-Bombed !

July 2, 2011 Posted by | GeoPolitics | , , , , , | 1 Comment

Who’s Afraid of The Big Bad Bank? An Uncensored Investigation of The U.S. Federal Reserve!

  • Bait and Switch TV: Investigative Satire
    [STANION STUDIOS] Presents Part 1 of 8 segments in the controversial saga of the Federal Reserve Banking system. Firmly rooted at the center of the current financial crisis, the Federal Reserve holds the purse strings for the USA monetary system. So it is hardly conspiracy theory to wonder about why this private and mega-powerful “federal” reserve system has been so controversial since its inception, why President Jackson was so opposed to a cartel as our central bank, what are the Fed’s actual factual successes and failures over the last 100 years, and how does currency, and control of that currency, determine the balance of power in a nation, and the world.
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    Bait and Switch TV makes the financial collapse fun, and easy enough for a child to understand. But fun bedtime stories aside, we also propose real, obtainable, non-extreme alternatives to Federal Reserve Banking in this BSTV episode, including an in-depth look at the promising prospects of public, state-owned banks. Public banking can circumvent the federal reserve system without upsetting necessary capitalist apple carts, like the credit system, essential to a healthy and innovating economy.
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    UPCOMING SEGMENTS in this comedic documentary “Who’s Afraid of the Big Bad Bank?” –with  Bait and Switch TV’s Expert Interviews  &  Comedian Correspondents:
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      o     History of the Federal Reserve & Fractional Lending
      o     The Fed, Shadow Banking & Leveraged Buyouts (LBOs)
      o     Federal Reserve, BIS, IMF & Global Investment Banks
      o     Government Sachs, Futures, Front-Running & the Fed
      o     The Fed, Discounts, Derivatives & Re-emerging Cap&Trade
      o     End the Fed? Meh! It’s Never Gonna Happen
      o     WHAT TO DO:  TAKING BACK THE MONETARY SYSTEM –
    The Fed VERSUS State-Owned Public Banks

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July 2, 2011 Posted by | Economics, Satire, Social Trends | , , , , , , , , , , , , | 1 Comment

Webster Tarpley from Tripoli: Million Men March In Support of Gaddafi, Dares Obama, NATO To Invade!

July 2, 2011 Posted by | GeoPolitics, Social Trends | , , , , , , | Comments Off

   

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