Debt Crisis: Global Markets Plunge as Eurozone Contagion Spreads!

• Financial tsunami is here! Are you prepared? Have you taken precautions to protect your family, your life savings? Gold is still very cheap at US$1670/oz. It will hit US$2000/oz by year end and US$3000/oz in 2012!
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  Debt crisis: Global markets plunge as eurozone contagion spreads
  By James Hall, and Richard Blackden, http://www.telegraph.co.uk/
  Eurozone countries are failing to stop the “contagion” of the debt crisis, the   President of the European Commission warned yesterday.
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  José Manuel Barroso’s warning came as stock markets plunged around the world amid growing fears of another global recession. Mr Barroso called for an emergency strengthening of Europe’s bail-out mechanism. He said he had “deep concerns” about the faltering Spanish and Italian economies. The stark message was delivered as the FTSE 100 suffered a 3.43pc fall, its biggest since the height of the banking crisis in March 2009. In the past five days, investors have lost a total of £125bn.
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  The doubts spread to America as the Dow Jones Industrial Average fell 4.3pc to   its lowest point since December 1 2008.
  ….
  Mr Barroso’s letter to European Council members came a fortnight after European leaders were congratulating themselves for bringing the Greek economy back from the brink with a £96bn bail-out. He said the main reason for the market instability was the “undisciplined communication and complexity and incompleteness” of the Greek package.
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  Investors were not convinced that member states had a grip on the crisis. Mr Barroso said he had “deep concerns” about Spain and Italy, as the cost of borrowing for both economies reached more than 6.2pc, close to the 7pc level at which the eurozone was forced to bail out Greece.
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  He called for the eurozone’s €440bn bail-out fund to be expanded to safeguard the euro because existing mechanisms were failing to calm the stock markets. “Markets remain to be convinced that we are taking the appropriate steps to resolve the crisis,” he said. “We are no longer managing a crisis just in the euro-area periphery. Euro-area financial stability must be safeguarded.
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  “These developments…reflect a growing scepticism among investors about the capacity of the euro area to respond to the evolving crisis.” Silvio Berlusconi, Italy’s prime minister, sought yesterday to play down the   scale of the crisis by insisting that his country had “sound economic fundamentals”. “Our banks are liquid, they passed the stress tests and Italian families are less indebted than others among the major economies,” he said.
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  Earlier, the Spanish government had to pay high interest rates in a bond sale as concerns about sovereign debts grew. Madrid sold €2.2bn of bonds maturing in 2014 at a 4.8pc average yield, up on the 4.29pc it offered in a sale this time last month.
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  The European Central Bank intervened in an attempt to stabilise the markets, announcing that it would offer unlimited loans to banks for the next six months. Jean-Claude Trichet, the bank’s president, said: “The common aim should be to put public debt ratios and finances on a sustainable path as soon as possible.
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  “Substantial and comprehensive structural reforms need to be implemented in the countries of the euro area to increase the flexibility of their economies and their longer-term growth potential.”
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  In a day of increasing tension across Europe, Mr Barroso’s call to increase the size of the bail-out fund was immediately rejected by Germany, which said his comments could stoke further market uncertainty. Jyrki Katainen, the Finnish prime minister, said Europe was “in a very dangerous situation” amid growing concern that the bailout fund was too small.
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  Howard Archer, the chief British and European economist for the financial analysts at IHS Global Insight, said: “There has always been a feeling that European leaders have been kicking the can down the road. “But subsequent events have proved that the problems are still there.”
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  A tenth of the €440bn fund has been committed to the bailouts of Ireland and Portugal, with reserves to be further reduced by the Greek bailout. Stock markets around the world dropped sharply as fears of a second recession gathered pace.
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  The FTSE 100 fell by 191 points, or 3.43pc, to 5,393, wiping almost £50bn off the value of Britain’s largest companies. Other European financial indexes   followed suit, with the French stock market falling by 3.9pc, the German by 3.4pc, the Spanish by 3.89pc and the Italian by 5.16pc.
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  In America, the impact of the eurozone debt crisis was exacerbated by a slowdown in the country’s manufacturing and services sector, suggesting that the economic recovery has stalled. Today will be critical for stock markets with the release of the latest monthly report on unemployment.
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  Wall Street is already expecting a weak report, with just 85,000 jobs created. Anything less risks triggering another wave of selling as investors run for cover. The renewed anxiety over the economy is putting more pressure on President Barack Obama, whose poll ratings have dropped to a new low of 40pc this week. However, the White House and the Federal Reserve have little ammunition left to help shore up confidence.
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  In a sign of concern about declining returns from US stocks, investment houses have started to deposit large amounts of cash in banks, which are seen as safer options than stocks.

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James Anderson: The Greatest Wealth Transfer in History! Convert Fiat Cash To Real Money Now!

David Duke: Top Rabbi Exposes Jewish Racism!

• Lenin is Jewish. Winstin Churchill is incorrect here! (See here too!)
  Winston Churchill~ Quoted in an article from The Illustrated Sunday Herald, February 8, 1920
  There is no need to exaggerate the part played in the creation of Bolshevism and the actual bringing about of the Russian Revolution by these international and for the most part atheistical Jews. It is certainly a very great one; it probably outweighs all others. With the notable exception of Lenin, the majority of the leading figures are Jews. Moreover, the principal inspiration and driving power comes from the Jewish leaders. Thus Tchitcherin, a pure Russian, is eclipsed by his nominal subordinate Litvinoff, and the influence of Russians like Bukharin or Lunacharski cannot be compared with the power of Trotsky, or of Zinovieff, the Dictator of the Red Citadel (Petrograd), or of Krassin or Radek — all Jews. In the Soviet institutions the predominance of Jews is even more astonishing. And the prominent, if not indeed the principal, part in the system of terrorism applied by the Extraordinary Commissions for Combating Counter-Revolution has been taken by Jews, and in some notable cases by Jewesses.
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  The same evil prominence was obtained by Jews in the brief period of terror during which Bela Kun ruled in Hungary. The same phenomenon has been presented in Germany (especially in Bavaria), so far as this madness has been allowed to prey upon the temporary prostration of the German people. Although in all these countries there are many non-Jews every whit as bad as the worst of the Jewish revolutionaries, the part played by the latter in proportion to their numbers in the population is astonishing.
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• Modern Judaism is not the religion of the Bible! See here!
• Modern Ashkenazi Jews are not the Jews of the Bible! God’s covenant was with Abraham and his biological descendents. Ashkenazi Jews are not semitic and their ancestors were never in Palestine. They are not the descendents of Abraham. They have no right to stay in Palestine.
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  1980 Jewish Almanac
  “Strictly speaking it is incorrect to call an ancient Israelite a ‘Jew’ or to call a contemporary Jew an Israelite or a Hebrew.”
  (1980 Jewish Almanac, p. 3)
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  The Jewish Encyclopedia:
  “Khazars, a non-Semitic, Asiatic, Mongolian tribal nation who emigrated into Eastern Europe about the first century, who were converted as an entire nation to Judaism in the seventh century by the expanding Russian nation which absorbed the entire Khazar population, and who account for the presence in Eastern Europe of the great numbers of Yiddish-speaking Jews in Russia, Poland, Lithuania, Galatia, Besserabia and Rumania.”
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  The American Peoples Encyclopedia
  … for 1954 at 15-292 records the following in reference to the Khazars: “In the year 740 A.D. the Khazars were officially converted to Judaism. A century later they were crushed by the incoming Slavic-speaking people and were scattered over central Europe where they were known as Jews.
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  According to the standard Jewish Encyclopedia 96% of all the Jews known to the world today are descendents of the Khazar tribes of Russia, Eastern Europe and western Mongolia.
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• The Bible specifically forbids the ill-treatment of people different from us ie: strangers. What Zionist ’666′ Israel does to the Palestinians is called: genocide and ethnic cleansing! Zionist ’666′ Israel is in total violation of God’s law!
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  Exodus 22:21
  “You shall neither mistreat a stranger nor oppress him, for you were strangers in the land of Egypt.”
  Exodus 23:9
  “Also you shall not oppress a stranger, for you know the heart of a stranger, because you were strangers in the land of Egypt.”
  Leviticus 19:33
  ‘And if a stranger dwells with you in your land, you shall not mistreat him.’
  Leviticus 19:34
  The stranger who dwells among you shall be to you as one born among you, and you shall love him as yourself; for you were strangers in the land of Egypt: I am the LORD your God.
  Leviticus 23:22
  ‘When you reap the harvest of your land, you shall not wholly reap the corners of your field when you reap, nor shall you gather any gleaning from your harvest. You shall leave them for the poor and for the stranger: I am the LORD your God.’
  Leviticus 24:22
  You shall have the same law for the stranger and for one from your own country; for I am the LORD your God.
  Ezekiel 47:22-23
  ²² It shall be that you will divide it by lot as an inheritance for yourselves, and for the strangers who dwell among you and who bear children among you. They shall be to you as native-born among the children of Israel; they shall have an inheritance with you among the tribes of Israel. ²³ And it shall be that in whatever tribe the stranger dwells, there you shall give him his inheritance,” says the Lord GOD.
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• The so-called Star of David is a Satanic symbol. Satanists and occult practitioners use it for calling Satan and demons!
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  Former Satanist, Bill Schnoebelen (now born again Christian)
  “A hexagram must be present to call forth a demon” and ” it is a very powerful tool to invoke Satan”.
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  “To the sorcerer, the hexagram is a powerful tool to invoke Satan.” In fact, the word “hex” — as to put a “hex” or “curse” on people — comes from this word.
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  If you examine the so-called “Star of David,” or hexagram, closely, you will discover something astonishing. It has six points, forms six equilateral triangles, and in its interior forms a six sided hexagon — thus it reveals the number of Satan’ antichrist beast, — 6 points, 6 triangles, and the 6 sides of the hexagram — 666 !!!
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• See also:
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  Bolshevik Jews Plotted The Ukrainian Holocaust!
  The Jewish Genocide of 1.4+ Million Armenian Christians!
  The Bolshevik Jews Behind The Deaths of 40+ Millions During The Communist Revolution!
  YNET Israel News: Stalin’s Jews. We Mustn’t Forget That Some of Greatest Murderers of Modern Times Were Jewish!
  Bolshevik Jews Plotted The Ukrainian Holocaust!
  Mark Weber: The Jewish Role in the Bolshevik Revolution and Russia’s Early Soviet Regime! During Which 20+ Million Russians Died !
  Ashkenazi Khazars (90+% of modern Jewry) are not the Jews of the Bible!
  The 2002 Jenin Holocaust of Palestinians By Zionist ’666′ Israel !
  Deir Yassin Remembered ! The 1948 Holocaust of Palestinians by Zionist ’666′ Israel !
  Jewish Historian Ilan Pappe: History of Zionism – Genocide And Ethnic Cleansing of Palestine!
  Jenin Massacre
  Jewish Historian Teddy Katz: 1948 Tantura Massacre of Palestinians! Genocide And Ethnic Cleansing!
  Zionist ’666′ Israeli Apartheid and The Nakba!
  Forget Deir Yassin: Its Victims Were “Unworthy”! The Holocaust of Palestinians by Zionist ’666′ Israel !
  Holocaustianity: Zionism’s Big Lie!
  Repost: Holocaust, Hate Speech & Were the Germans so Stupid?
  Jack Bernstein: The Life of an American Jew in Racist Marxist Israel !
  Peace, Propaganda & The Promised Land ! US Media And The Israeli-Palestinian Conflict!
  ’666′ Star of David, Satanic Curse / Hex(agram) On Humanity! Occult Symbol.
  Jewish Estimate Sees Number of Holocaust Dead Drop To 2.8 Million!
  Fred Leuchter: The End of The Auschwitz Gas Chambers Myth!
  Fred A. Leuchter, Jr.: Inside the Auschwitz ‘Gas Chambers’!
  The Rudolf Report: Expert Report on Chemical and Technical Aspects of the ‘Gas Chambers’ of Auschwitz!
  Barbara Kulaszka: What is ‘Holocaust Denial’?
  How Many Died At Auschwitz?
  How the Illuminati Manipulates Jews!
  Hitler Was A Rothschild Jew?!
  Norman Finkelstein on Zionism And The Holocaust Industry!
  Holocaust Denier Death, Mossad Linked. How Many Jews Died in the German Concentration Camps?
  Gideon Levy: Ethnic Cleansing of Palestinians, Or, Democratic Israel At Work?!
  Israel Admits It Covertly Canceled Residency Status of 140,000 Palestinians!

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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Nazemroaya: Destabilization of Syria Based on Libya Model !

Gerald Celente & Alex Jones: Obama’s ‘Super Congress’ Will Achieve an Orwellian Omnipresence!

US Defense Budget Higher Than Ever!

• 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.
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• Daniel 11:36-39 (New King James Version)
  ³⁶ “Then the king shall do according to his own will: he shall exalt and magnify himself above every god, shall speak blasphemies against the God of gods, and shall prosper till the wrath has been accomplished; for what has been determined shall be done. ³⁷ He shall regard neither the God^[a] of his fathers nor the desire of women, nor regard any god; for he shall exalt himself above them all. ³⁸ But in their place he shall honor a god of fortresses; and a god which his fathers did not know he shall honor with gold and silver, with precious stones and pleasant things. ³⁹ Thus he shall act against the strongest fortresses with a foreign god, which he shall acknowledge, and advance its glory; and he shall cause them to rule over many, and divide the land for gain.
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• General Smedley Butler:
  WAR is a racket. It always has been.
  It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.
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  A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small “inside” group knows what it is about. It is conducted for the benefit of the very few, at the expense of the very many. Out of war a few people make huge fortunes.
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  In the World War [I] a mere handful garnered the profits of the conflict. At least 21,000 new millionaires and billionaires were made in the United States during the World War. That many admitted their huge blood gains in their income tax returns. How many other war millionaires falsified their tax returns no one knows.
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  How many of these war millionaires shouldered a rifle? How many of them dug a trench? How many of them knew what it meant to go hungry in a rat-infested dug-out? How many of them spent sleepless, frightened nights, ducking shells and shrapnel and machine gun bullets? How many of them parried a bayonet thrust of an enemy? How many of them were wounded or killed in battle?
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  Out of war nations acquire additional territory, if they are victorious. They just take it. This newly acquired territory promptly is exploited by the few — the selfsame few who wrung dollars out of blood in the war. The general public shoulders the bill. And what is this bill?
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  This bill renders a horrible accounting. Newly placed gravestones. Mangled bodies. Shattered minds. Broken hearts and homes. Economic instability. Depression and all its attendant miseries. Back-breaking taxation for generations and generations.
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  For a great many years, as a soldier, I had a suspicion that war was a racket; not until I retired to civil life did I fully realize it. Now that I see the international war clouds gathering, as they are today, I must face it and speak out.
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    …. to continue reading click here! War Is A Racket

US: Money only for wars and banksters!

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Barroso Calls for EU Bailout Fund Increase ‘To Stop Crisis Spreading’!

• Hegelian dialectic in action: they create the problem, wait for the reaction and then present their pre-planned solution! This is about amassing and centralization of power by the Illuminists! The destruction of national sovereignties is happening before our eyes!
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• Quotes:
  “The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements, arrived at in frequent private meetings and conferences. The apex of the system was the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the worlds’ central banks which were themselves private corporations. The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups.”
  Tragedy and Hope: A History of The World in Our Time (Macmillan Company, 1966,) Professor Carroll Quigley of Georgetown University, highly esteemed by his former student, William Jefferson Blythe Clinton.
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  “In the next century, nations as we know it will be obsolete; all states will recognize a single, global authority. National sovereignty wasn’t such a great idea after all.”
  Strobe Talbot, President Clinton’s Deputy Secretary of State, as quoted in Time, July 20th, 1992.
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  “We are at present working discreetly with all our might to wrest this mysterious force called sovereignty out of the clutches of the local nation states of the world. All the time we are denying with our lips what we are doing with our hands.“
  Professor Arnold Toynbee, in a June 1931 speech before the Institute for the Study of International Affairs in Copenhagen.
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  “The New World Order under the UN will reduce everything to one common denominator. The system will be made up of a single currency, single centrally financed government, single tax system, single language, single political system, single world court of justice, single state religion…Each person will have a registered number, without which he will not be allowed to buy or sell; and there will be one universal world church. Anyone who refuses to take part in the universal system will have no right to exist.”
  Assessment of the New World by Dr. Kurk E. Koch

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ZeroHedge: EURCHF Crashing After Hours On Italian Bank Run Concerns!

Chart: http://www.zerohedge.com/

• I do not want to be a pain in the butt repeating the same scenario over and over again. But it is necessary for the many sheeple zombies! The world is at the cusp of a global economic, financial and monetary collapse. Got gold yet? How long do you think the Euro will last? How long do you think the SFR (Swiss Franc) will last? The strong SFR is affecting the Swiss economy and the SNB is sweating like rain to weaken it! Eventually, the central bankers will turn to the great gold revaluation to weaken their currencies! Got gold yet?
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  EURCHF Crashing After Hours On Italian Bank Run Concerns
  by Tyler Durden, http://www.zerohedge.com/
  Less than an hour ago, Larry Kudlow tweeted the following: “Sources tell me Italy has to restructure bonds. Deposit run on Italian banks. EU will have to mount Tarp rescue. Big stress on interbank loans.” Basically, this is the worst possible combination for Europe which means that another bailout is not only imminent but has to happen tomorrow. Incidentally Reuters is reporting of an emergency meeting between Sarkozy and Merkel and Zapatero on “the markets” which can only mean damage control following today’s disastrous Trichet performance.
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  Too bad the markets won’t buy it any longer absent some actual actions to back up the deeds. Yet what we are more concerned about is whether or not there really is a bank run in Italy which would be the end of the euro. For that we went to the most trustworthy indicator for European “bankrunnyess” the EURCHF. To our surprise, the pair just plunged nearly 100 pips after hours, after dropping over 200 pips from intraday highs following yesterday’s SNB intervention. Will this force the SNB to intervene again? Find out shortly. AS to what Sarkozy has up his sleeve, we will just have to wait and see when the European markets open in about 10 hours.

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Wall Street And Global Markets Tumble on Debt Fears!

• Are the Illuminists pulling the plug? This looks like phase 1 of their engineered global economic, financial and monetary collapse. I gather from all the talking heads at CNBS that everybody is running to cash and US treasuries because of risk aversion. This sounds like psyop and mass herding of the sheeple to be slaughtered of course! When everyone is in cash (ie USD) and US treasuries, it will be a great time to crash the USD and treasuries market.
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• The Illuminist bullion banksters were working overtime depressing gold price, holding it below US$1680/oz. $1680/oz is the upper channel trend line above which gold will go parabolic! The bullion banksters went out of their way to make gold look ‘unsafe’. They want to drive the sheeple into the ‘safety’ of USD and US treasuries, before crashing them! Do not be deceived ! Gold (and silver) will rocket much higher when they pull the plug on the Euro and USD! All scams are based on deception and mis-direction!
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• The Illuminists want people and countries all over the world to hold as much USD and US treasuries as possible before initiation of their collapse! This is to inflict maximum pain and disaster. They are positioning the world for a global currency crisis. Major currencies: Euro, UKP, JPY and USD will all go down the toilet bowl. Trust me: they will not allow other fiat currencies to survive. When their babies: Euro, UKP, JPY and USD collapse and their current fiat currency hegemony collapse, do you think they will allow another currency (like the Chinese RMB) to threaten their coming One World Currency? Obviously not!
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• How do you get countries all over the world to accept this One World Currency, if their own local currencies (say RMB, SGD, SFR, AUD, NZD, CAD) are standing and prospering? The Illuminist plan calls for the destruction of all fiat currencies via hyper-inflation! Any country which resist the coming new Luciferian Monetary Hegemony and Financial System will be demonized and attacked via war! This coming One World Currency will be backed by gold to give it legitimacy. Quite obviously, most of the gold in the world are in Illuminist hands!
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  Wall Street and global markets tumble on debt fears
  by http://www.bbc.co.uk/news/
  Wall Street had its worst day for almost three years as shares tumbled on fears about the eurozone debt crisis and the US economic recovery. The Dow Jones index closed down more than 500 points, or 4.3%, and came after the leading European bourses fell more than 3%.
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  It was the biggest one-day fall for the Dow since December 2008. Earlier, European Commission President Jose Manuel Barroso warned that the sovereign debt crisis was spreading. Also in New York, the S&P 500 index fell 4.8% and the tech-rich Nasdaq was more than 5% lower.
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  Meanwhile, Frankfurt’s Dax and London’s FTSE 100 indexes had their worst day this year, closing almost 3.5% lower as investors fretted that Italy and Spain might become engulfed in the debt crisis. “People are throwing in the towel because they can’t find relief on any front,” said Milton Ezrati, market strategist at Lord Abbett. Investors sought the relative safety of gold, sending the price of the metal to a new record high of $1,677 an ounce.
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  Bank shares hit
  More weak jobs data from the US also raised concerns about the strength of
  the economic recovery there. Wall Street’s financial power houses were hit hard, with JP Morgan and Bank of America falling 5% and 7.4% respectively.
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  In Europe, Lloyds Banking Group fell 9.9% and Royal Bank of Scotland was down 7%. France’s Societe Generale lost 6.9% and Germany’s Commerzbank dropped 6.8% in Frankfurt.
  ….
  The oil price also slumped on fears that a weaker global recovery would hit demand. Benchmark West Texas crude for September delivery fell $5.30, or 5.8%, to $86.63 a barrel. Brent crude fell 5.3% to $107.25.
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  Since 21 July, the Dow has lost more than 1,300 points, or 10.5% of its value, and Thursday’s fall was the index’s ninth-steepest decline ever.’
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  Exceptional circumstances’
  In a letter to European governments, Mr Barroso warned that the eurozone debt crisis was spreading beyond the so-called periphery nations of Greece, Portugal and the Republic of Ireland. He said markets “remain to be convinced that we are taking appropriate steps to resolve the crisis”.

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Dow Dives 512 Points!!

Will Italy Default?

The European Contagion!