Rick Santelli: You Are Stripping The Poor of Everthing They Have!
- Rick Santelli: “You’re not addressing the problem when you talk about compromise and cutting entitlements. You are stripping the poor of everything they have. They won’t have anything when the country is broke and the lines at the unemployment will be exponentially larger. What a great strategy that is!”
end
Deutsche Bank CEO: “It is an Open Secret That Numerous European Banks Would Not Survive Having To Revalue Sovereign Debt Held on The Banking Book at Market Levels!”
- Most major western banks are insolvent/bankrupt. When these banks go under, the world financial system will come crashing down. This is the Illuminist’s plan! Got physical gold yet? (emphasis mine)
-
Deutsche Bank CEO Just Gave A Terrifying Speech In Frankfurt
by Courtney Comstock, http://www.businessinsider.com/
Josef Ackermann just gave a terrifying speech about the fragility of the Euro banking sector right now. At a conference in Frankfurt he said, “It is an open secret that numerous European banks would not survive having to revalue sovereign debt held on the banking book at market levels.”
…
“In recent weeks, the distrust of the financial markets has spread to the banks because they are now suffering from the debt crisis in Europe and have a lot of exposure to, for example, Greek bonds.” “Since the financial crisis, some European banks have lost a third or more of their market capitalization,” he said, according to Google Translate.
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“Most institutions have a rating of “below the book value or at best.” There are three major stress factors crushing Euro banks right now, he says: the debt crisis, structural factors and financial regulation. With them together, it will be hard for the European banks to increase their revenues.
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The implication is that not just Eurozone countries are buckling under the pressure of Greece’s, France’s, and Italy’s debts, but banks are too. It sounds like a desperate call for a bailout. Now. However he says, “State funds could use means to put stability back into many companies and countries, but that does not remain the only solution.”
-
Still, the situation he describes looks dire. He says, “Many countries and households would have to reduce their debt. The mortgage business and consumer loans were [the few things] driving growth. In addition, there’s the problem of shrinking populations in several European countries, which negatively affects the growth of credit markets.”
-
“All this reminds one of the autumn of 2008,” said Ackermann. “We should resign ourselves to the fact that the ‘new normality’ is characterized by volatility and uncertainty.”
…..
Sounds like Ackermann just sounded the alarm. There is now a full-on Euro banking crisis.
end
Nassim Taleb: The American Economy Will Transfer $5 Trillion To Banker Pay And Bonuses Over The Next 10 Years!
- THE PROTOCOLS OF THE LEARNED ELDERS OF ZION (Satanic)
PROTOCOL No. 10
1. … I BEG YOU TO BEAR IN MIND THAT GOVERNMENTS AND PEOPLE ARE CONTENT IN THE POLITICAL WITH OUTSIDE APPEARANCES. ….
…..
OUR GOAL – WORLD POWER
3. We count upon attracting all nations to the task of erecting the new
fundamental structure, the project for which has been drawn up by us…
-
4. WHEN WE HAVE ACCOMPLISHED OUR COUP D’ETAT WE SHALL SAY THEN TO THE VARIOUS PEOPLES: “EVERYTHING HAS GONE TERRIBLY BADLY, ALL HAVE BEEN WORN OUT WITH SUFFERING. WE ARE DESTROYING THE CAUSES OF YOUR TORMENT – NATIONALITIES, FRONTIERS, DIFFERENCES OF COINAGES. YOU ARE AT LIBERTY, OF COURSE, TO PRONOUNCE SENTENCE UPON US, BUT CAN IT POSSIBLY BE A JUST ONE IF IT IS CONFIRMED BY YOU BEFORE YOU MAKE ANY TRIAL OF WHAT WE ARE OFFERING YOU.” … THEN WILL THE MOB EXALT US AND BEAR US UP IN THEIR HANDS IN A UNANIMOUS TRIUMPH OF HOPES AND EXPECTATIONS. …
- - This is a great piece by Nassim Taleb. Illuminist banksters run America. The aim of the FedRes is to support their bankster shareholders. Not Main Street. This whole period of economic collapse and rising unemployment is engineered by Illuminist banksters for the financial raping of the sheeple! In the coming months and years, the Illuminists will appear to attack the banks responsible for the crimes but in reality they are moving to collapse the entire financial system and the full covert acquisition of the Federal Government. ie. the banks and the government will be one and the same!
-
Nassim Taleb: The American Economy Will Transfer $5 Trillion To Banker Pay And Bonuses Over The Next 10 Years
by Nassim Taleb and Mark Spitznagel, Project Syndicate
For the American economy – and for many other developed economies – the elephant in the room is the amount of money paid to bankers over the last five years. In the United States, the sum stands at an astounding $2.2 trillion.
-
Extrapolating over the coming decade, the numbers would approach $5 trillion, an amount vastly larger than what both President Barack Obama’s administration and his Republican opponents seem willing to cut from further government deficits.
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That $5 trillion dollars is not money invested in building roads, schools, and other long-term projects, but is directly transferred from the American economy to the personal accounts of bank executives and employees.
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Such transfers represent as cunning a tax on everyone else as one can imagine. It feels quite iniquitous that bankers, having helped cause today’s financial and economic troubles, are the only class that is not suffering from them – and in many cases are actually benefiting.
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Mainstream megabanks are puzzling in many respects. It is (now) no secret that they have operated so far as large sophisticated compensation schemes, masking probabilities of low-risk, high-impact “Black Swan” events and benefiting from the free backstop of implicit public guarantees.
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Excessive leverage, rather than skills, can be seen as the source of their resulting profits, which then flow disproportionately to employees, and of their sometimes-massive losses, which are borne by shareholders and taxpayers.
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In other words, banks take risks, get paid for the upside, and then transfer the downside to shareholders, taxpayers, and even retirees. In order to rescue the banking system, the Federal Reserve, for example, put interest rates at artificially low levels; as was disclosed recently, it also has provided secret loans of $1.2 trillion to banks. The main effect so far has been to help bankers generate bonuses (rather than attract borrowers) by hiding exposures.
….
…. for the complete article click here!
- - “”It was a carefully contrived occurrence. International bankers sought to bring about a condition of despair, so that they might emerge the rulers of us all.“”
Louis McFadden on 1929 Stock Market Crash. Louis McFadden died of poisoning shortly thereafter.
-
“The depression was the calculated ‘shearing’ of the public by the World Money powers, triggered by the planned sudden shortage of supply of call money in the New York money market….The One World Government leaders and their ever close bankers have now acquired full control of the money and credit machinery of the U.S. via the creation of the privately owned Federal Reserve Bank.”
Curtis Dall, FDR’s son-in-law as quoted in his book, My Exploited Father-in-Law
end
Gold May Top $6,200, Silver $600!
Mr Gold, maestro Jim Sinclair believes gold will achieve US$12,500 in the coming years. I agree! Silver will easily achieve US$300/oz!
-
Gold May Top $6,000, Silver $600: Asset Manager
By: Katy Barnato Assistant Editor, CNBC
Gold prices may reach $6,200 per ounce in a bull run which will “end all major bull markets,” Urs Gmuer, asset manager at Dolefin, a Swiss investment advice firm, told CNBC.
-
Gmuer’s prediction is based on analysis of the last major gold boom of the 1970s, during which gold prices rose from $35 per ounce to $850 per ounce. Gmuer said that in the current bull run, prices would be pushed upwards by a protracted period of global economic difficulty—potentially lasting years—during which investors would continue to search for so-called safe havens.
-
“Gold prices have risen over the last few years, as the macroeconomic picture has become worse. The deterioration of the fundamental situation has now gone even further. “Purchases by investors of gold will be based on fears of systemic risk or banking crashes,” Gmuer said.
-
The investment manager said that as no “safe” currencies remain, cautious investors had no choice but to opt for precious metals. “The ultimate currency, which has stood the test of time, which has no political support behind it, is gold. Nobody can print gold out of a machine or a PC.
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“What the Swiss National Bank did two-and-a-half weeks ago, increasing the supply of the Swiss franc, means the safe currencies are all gone. That is why gold will have a revival,” he said.
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Gmuer said the precious metal had entered a “super-cycle,” which he likened to the 1998-to-2000 boom in technology media and telecommunications.He added, “This bull trend will end all the other major bull markets,” and singled out debt capital as an asset class for which demand and prices would decline.
-
However, Gmuer denied that high and rising gold prices could be indicative of a bubble. “If everybody is saying a particular asset is a bubble, that reflects the fact that most people have disposed of it,” he said.
end
Equities Hammered by Euro Zone And Banking Worries! Stoxx 600 Europe Posts Biggest Two-Day Drop in 2-1/2 Years on Debt Crisis!
- The financial quakes are coming fast and furious. The sovereign debt crisis is about to blow up! On Wednesday, September 6, the German Constitutional Court will past verdict on whether the German federal government has the right to use German taxes to bailout foreign countries. If the verdict is even close to a NO, though unlikely, all hell will break loose and the Eurozone will collapse! See: German Court Set to Trip Up EU?
-
Equities hammered by euro zone and banking worries
LONDON (Reuters)- European stocks tumbled 4 percent on Monday, with banks plumbing a more than two year low, as fears for the future of the euro zone bubbled up against a background of weak economic growth and threats to the banking sector.
-
The euro fell across the board, with peripheral euro zone debt concerns and political uncertainty in Germany prompting rises in both the dollar and safe-haven Swiss franc.
-
Worries about public deficits in Greece and Italy and a regional election rout for Germany’s ruling party cast fresh doubt on the euro zone’s ability to tackle its debt crisis.
-
Wall Street was closed for a holiday but it was unlikely that U.S. investors would have been in any more of a positive mood given data ahead of the long weekend that showed U.S. employment growth halted in August. That fueled concerns that the world’s biggest economy is slipping back into recession.
….
The euro zone, meanwhile, faces a week packed with political and legal risks, beginning with a German constitutional court ruling on Wednesday on claims that Berlin is breaking German law and European treaties by contributing to bailouts for Greece, Ireland and Portugal. The court is not expected to rule against the contributions, but may add stipulations for dealing with future requests that will complicate the region’s bailout plans.
-
“People are pricing in the risk of European meltdown, rather than the likely outcome,” said Ian King, head of international equities at Legal & General. Banks in Europe were also under the cosh because of uncertainty about what a U.S. lawsuit connected to the packaging of toxic mortgage debt might mean.
-
“Not a great start to the week. There is a lot going on for banks, especially in the light of a low-growth environment and the backdrop in the euro zone not improving,” said Mike Lenhoff, chief strategist at Brewin Dolphin.
-
Stoxx 600 Europe Posts Biggest Two-Day Drop in 2-1/2 Years on Debt Crisis
By Sarah Jones, http://www.bloomberg.com/
European stocks tumbled, with the Stoxx Europe 600 Index posting its biggest two-day drop since March 2009, as investors speculated that support for bailing out Europe’s indebted nations may fade.
-
Deutsche Bank AG (DBK) and Credit Suisse Group AG (CSGN) both tumbled more than 8 percent after the U.S. sued 17 lenders to recoup $196 billion and the cost of insuring against default in Europe surge to a record. Clariant AG (CLN) led chemical makers lower, tumbling 16 percent after the company cut this year’s earnings forecasts.
-
The Stoxx Europe 600 Index lost 4.1 percent to 223.45 at the 4:30 p.m. close in London as all 19 industry groups declined. Standard & Poor’s 500 Index futures expiring in September retreated 2 percent. U.S. stock markets are closed today for the Labor Day holiday.
-
“Europe is being hammered on the debt crisis,” said Henrik Drusebjerg, senior strategist at Nordea Bank AB in Copenhagen. “It’s Merkel getting slapped at the regional election yesterday and it’s the Finns demanding collateral for the money they’re wiring to Greece.”
-
The benchmark Stoxx 600 plunged 2.4 percent on Sept. 2, after a worse-than-forecast U.S. jobs report added to concern that America’s economic recovery is stalling. The gauge lost 10 percent last month amid concern that global economic growth is slowing as Europe’s sovereign-debt crisis spreads.
-
German Election
Merkel’s party yesterday suffered its fifth election loss this year after the Chancellor failed to sway voters in her home state with a campaign based on her handling of the euro area’s debt crisis.
-
The Social Democrats, the main opposition party nationally, took 35.7 percent to win yesterday’s election in Mecklenburg-Western Pomerania, while Merkel’s Christian Democratic Union had 23.1 percent, its worst result since voting began in 1990 after reunification that year between West Germany and the former communist East Germany.
….
European Markets Tumble
National benchmark indexes dropped in all 18 western European markets. Germany’s DAX Index (DAX) tumbled 5.3 percent, sending the gauge’s companies to their cheapest-ever valuation as a multiple of estimated earnings, according to Bloomberg data that began in 2006. The U.K.’s FTSE 100 Index dropped 3.6 percent and France’s CAC 40 Index lost 4.7 percent.
….
European efforts to contain the region’s debt crisis risk unraveling as individual nations’ demands for collateral, Greece’s deteriorating economic predicament and wavering commitment to austerity packages from euro members such as Italy throw any recovery in doubt.
end
Gaza Not Represented in UN’s Blockade Whitewash!

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.
- What is the entire situation in Gaza, Palestine about? Why is the western world governments and the Illuminist UN supporting Zionist ’666′ Israel? Let me give you a clue! Ashkenazis (which are not semitic and not the Jews of the Bible) flying a Satanic ’666′ flag are killing semitic Palestinian people, the brethren of Jesus Christ! Get the message?! See: Revelation 12:13 – 14. (emphasis mine)
-
Gaza not represented in UN’s blockade whitewash
By Stuart Littlewood, http://www.redress.cc/
Warped “inquiry” invites mega-mischief
Stuart Littlewood analyses the conclusions of the UN’s Palmer inquiry into the fatal Israeli raid on the Gaza-bound Turkish aid ship Mavi Marmara: a “bizarre reframing of the situation – that the illegal occupier, Israel, is the victim of the Palestinians’ lawful resistance and that Israel’s security must be given priority over everyone else’s”.
-
According to the Palmer inquiry, brought to you by that freak-show, the United Nation, under its Secretary-General Ban Ki-Moon,
-
Israel faces a real threat to its security from militant groups in Gaza. The naval blockade was imposed as a legitimate security measure in order to prevent weapons from entering Gaza by sea and its implementation complied with the requirements of international law… the flotilla acted recklessly in attempting to breach the naval blockade.
-
This is completely at odds with what other experts have said. The UN itself has already accepted that Israel’s blockade is illegal. One of its own fact-finding missions declared that it constituted collective punishment of the people living in the Gaza Strip and thus was illegal and contrary to Article 33 of the Fourth Geneva Convention. The action by Israel’s military in intercepting the Mavi Marmara on the high seas was “clearly unlawful” and couldn’t be justified even under Article 51 of the Charter of the United Nations [the right of self-defence]. “No case can be made for the legality of the interception and the [UN fact-finding] mission therefore finds that the interception was illegal”.
-
The Centre for Constitutional Rights also concluded that the Israeli blockade was illegal. It said:
-
Due both to the legal nature of Israel’s relationship to Gaza – that of occupier – and the impact of the blockade on the civilian population, amounting to “collective punishment”, the blockade cannot be reconciled with the principles of international law, including international humanitarian law… The flotilla did not seek to travel to Israel, let alone “attack” Israel… Israel could have diplomatically engaged Turkey, arranged for a third party to verify there were no weapons onboard and then peacefully guided the vessel to Gaza.
-
Craig Murray also knows a thing or two about such matters, having headed the Maritime Section of Britain’s Foreign and Commonwealth Office. He was responsible for giving political and legal clearance to Royal Navy boarding operations in the Persian Gulf following the Iraqi invasion of Kuwait, to enforce the UN-authorized blockade against Iraqi weapons shipments. He commented:
-
Right of free passage is guaranteed by the UN Convention on the Law of the Seas… Israel has declared a blockade on Gaza and justified previous fatal attacks on neutral civilian vessels on the high seas in terms of enforcing that embargo, under the legal cover given by the San Remo Manual of International Law Applicable to Armed Conflicts at Sea.
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But, he explains, San Remo only applies to blockade in times of armed conflict. “Israel is not currently engaged in an armed conflict… San Remo does not confer any right to impose a permanent blockade outwith times of armed conflict, and in fact specifically excludes as illegal a general blockade on an entire population.”
-
Furthermore, Security Council resolution 1860 (2009) emphasizes “the need to ensure sustained and regular flow of goods and people through the Gaza crossings” and calls for “the unimpeded provision and distribution throughout Gaza of humanitarian assistance, including of food, fuel and medical treatment”. Israel has imposed a land blockade for decades and until very recently had a hand in keeping Gaza’s land crossing with Egypt closed. The 2005 Agreement on Movement and Access between the Palestinian Authority and Israel is also ignored. So, the only sensible channel for “unimpeded provision and distribution” is by sea.
-
Panel “cannot make definitive findings”
The Terms of Reference for the Palmer inquiry handed down by Ban Ki-Moon set out a “method of work”, which is described in the report this way:
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The panel is not a court. It was not asked to make determinations of the legal issues or to adjudicate on liability… The panel was required to obtain its information from the two nations primarily involved in its inquiry, Turkey and Israel, and other affected states… the limitation is important. It means that the panel cannot make definitive findings either of fact or law. The information for the panel’s work came primarily through its interactions with the points of contact designated by Israel and Turkey.
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So, it could not summon individuals or approach individuals or organizations direct. It could only do so through the points of contact designated by Israel and Turkey.
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The legal views of Israel and Turkey are no more authoritative or definitive than our own. A commission of inquiry is not a court any more than the panel is. The findings of a commission of inquiry bind no one, unlike those of a court. So, the legal issues at large in this matter have not been authoritatively determined by the two States involved and neither can they be by the panel.
-
The four-man panel included a representative each from the governments of Turkey and Israel, and was headed by Sir Geoffrey Palmer (Chair) and Alvaro Uribe, 58th president of Colombia. Palmer was the 33rd prime minister of New Zealand if that’s any consolation.
-
Note the absence of anyone to represent the views of the party targeted by the blockade. Ban Ki-Moon didn’t think it necessary to invite someone from (horror of horrors) the government of Gaza. Can you imagine, if the tables were turned, the merry hell Israel would kick up if not represented on an inquiry about the legality of a blockade on one of its ports?
-
…. for the full article click here!
- - 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/Isaac/Israel. They have no right to stay in Palestine. What the Zionists are doing to the Palestinians is called: genocide and ethnic cleansing! Zionist ’666′ Israel is not the Israel of the Bible! It is a LIE!
-
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)
.
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.”
.
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.
-
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.
- - 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!
-
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.
- - The so-called Star of David is a Satanic symbol. Satanists and occult practitioners use it for calling Satan and demons!
-
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”.
-
“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.
-
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 !!!

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


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