Socio-Economics History Blog

Socio-Economics & History Commentary

Israeli Warplanes Bomb Gaza Strip!

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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September 8, 2011 Posted by | GeoPolitics | , , , , , , | Comments Off

9/11: Painful Deceptions!

September 8, 2011 Posted by | History | , , , , , , | Comments Off

New 9/11 Photos ‘Prove WTC Exploded From Inside’!

  • YouTube: New picture releases are shedding light on September 11th, some say they prove that the assault on America proves a homegrown attack. The new photos are provided by US national institute of standards and technology. There are over 2,000 new photos that have been made public. Manny Badillo says that you see an explosion from the inside, not what it has seemed to be, he says there has never been a building taken down by a plane.

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September 8, 2011 Posted by | History | , , , , , , | Comments Off

ZERO: An Investigation Into 9/11 (Full Documentary)! The Official Version of The Events Surrounding The Attacks on 9/11 Cannot Be True!

  • YouTube:
    ZERO: An Investigation into 9/11, has one central thesis – that the official version of the events surrounding the attacks on 9/11 can not be true. This brand new feature documentary from Italian production company Telemaco explores the latest scientific evidence and reveals dramatic new witness testimony, which directly conflicts with the US Government’s account.
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    Featuring presentations from intellectual heavy weights; Gore Vidal, and Nobel Prize winner Dario Fo, the film challenges assumptions surrounding the attacks. In the words of the Italian daily newspaper, Il Corriere de da Sera, “What results is a sequence of contradictions, gaps, and omissions of stunning gravity.”
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    The importance of this film can not be overstated. If its thesis is correct, the justification for going to war in Iraq is built on a series of outrageous lies.
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    On Tuesday 26th February, Europarlementarian Guilietto Chiesa invited his colleagues and the press to attend the screening and debate of the Italian-produced documentary named ‘ZERO, an investigation into the events of 9/11′. Object of the screening was to create political awareness of the faulty official investigation into the events by the 9/11 Commission.
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    Besides Mr Chiesa, the panel consisted of Japanese parlementarian Fujita, Dr David Ray Griffin, film distributor Tim Sparke & the director and producers of the film.
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    After his opening statements, Mr Chiesa welcomed his guest speakers, including the producers, director and distributor of the documentary. Mr Chiesa pointed out that he was unable to find any distributor in his native country of Italy and was happy to find a company in the UK, led by Mr Tim Sparke, to handle worldwide distribution of this important film. ‘It is important to realize,’ he emphasized ‘that the movie was made thanks to contribution and donations of hundreds of citizens who feel a new investigation is more than warranted.’ No less than 450 people worked on this documentary on a voluntary basis. They never received any kind of payment. Their reward is the movie itself, which they feel is an instrument to create awareness and a means to provoke a political debate in Europe. Read the rest on 9/11 Blogger….
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    http://www.911blogger.com/node/14103 

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September 8, 2011 Posted by | GeoPolitics, History | , , , , , , , | Comments Off

Group Accused in New Delhi Bombing Created by Western Intelligence Agencies!

  • Muslim Extremist Fundamentalism/Terrorism is the creation of western Illuminist intelligence agencies (CIA, MI6…). These Muslim Terrorist groups are really CIA assets. They are financed, organized, controlled by Illuminists. The sheeple do not understand this especially the Christian and Muslim sheeple.
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  • Illuminists are simply building up 2 opposing forces: Muslims vs Jews/Zionists/Christians. This is to fulfil their master, Lucifer’s Satanic World War 3 Plan! (See: Israeli IDF General Says ‘Arab Spring’ May Turn Into ‘Radical Islamic Winter’ and Regional War) The Global War on Terrorism is a FRAUD! It is really about taking away the rights of the sheeple via fear mongering and preparing them for the coming Luciferian New World Order, Global Fascist Military-Police State!
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    Group Accused in New Delhi Bombing Created by Intelligence Agencies
    by Kurt Nimmo, www.Infowars.com 
    A deadly bomb blast in New Delhi is being attributed to the usual suspect – al-Qaeda. “Authorities said they are investigating a claim of responsibility allegedly made by the Harkat-ul-Jihad Islami (HUJI) militant group — an al Qaeda affiliate with bases in Pakistan and Bangladesh,” reports Reuters.
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    The attack’s MO outside the High Court in the Indian city also raises suspicion: “An attack in broad daylight at such a high-profile location, which lacked CCTV cameras and had faulty security scanners, quickly led critics to question the authorities readiness especially as it came ahead of the September 11, 2001 anniversary of attacks in the United States.”
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    The remainder of the article emphasizes lack of security preparedness by government and repeatedly underscores the tenth anniversary of September 11.
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    Not mentioned are Harkat-ul-Jihad Islami’s links to intelligence agencies. Harkat-ul-Jihad Islami (HUJI) is a creature of the CIA’s war against the Soviet Union in Afghanistan.
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    “Indoctrinated in the mould of the radical Islam of Bin Laden and Talibanised militia of HuJI Pakistan, Afghan War-returned Mujahideens set up a subsidiary unit of HuJI Pakistan in Bangladesh,” writes R. Upadhyay for the South Asian Analysis Group. HUJI was formed with “the help of ISI and the patronage of radical Islamists,” including the government of Saudi Arabia.
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    HUJI is linked to Jaish-e-Mohammed (JEM), Lashkar-e-Taiba (LET) in Pakistan and al-Qaeda – all created by intelligence agencies. It calls itself the “Bangladeshi Taliban.” The original Taliban in Afghanistan and Pakistan was also created by the ISI and  the CIA with patronage from Saudi Arabia.
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    The attack in India occurs as September 11 approaches and the FBI and Homeland Security have released an amorphous “advisory” about an al-Qaeda threat to aviation.

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September 8, 2011 Posted by | GeoPolitics, Social Trends | , , , , , , , , | Comments Off

20 Quotes From European Leaders That Prove That They Know That The Financial System Is Doomed !

  • The world is heading towards a global economic, financial and monetary meltdown. I cannot tell you when precisely but it can happen at any moment! If you are not afraid, you don’t know what is going on! Got physical gold yet?
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    20 Quotes From European Leaders That Prove That They Know That The Financial System Is Doomed
    By Michael Snyder, http://www.blacklistednews.com/
    The financial crisis in Europe has become so severe that it has put the future of the euro, and indeed the future of the EU itself, in doubt. If the financial system in Europe collapses, it is going to  plunge the entire globe into chaos. The EU has a larger economy and a  larger population than the United States does. The EU also has more Fortune 500 companies that the United States does. If the financial system in Europe breaks  down, we are all doomed. An economic collapse in Europe would unleash a financial tsunami that would sweep across the globe. 

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    As I wrote about  yesterday, the nightmarish sovereign debt crisis in Europe could potentially bring about the end of the euro. The future of the monetary union in Europe is being questioned all over the continent. Without massive bailouts, there are at least 5 or 6 nations in Europe that will likely soon default. The political will for continued bailouts is rapidly failing in northern Europe, so something needs to be done quickly to avert disaster. Unfortunately, as anyone that has ever lived in Europe knows, things tend to move very, very slowly in Europe.
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    If the bailouts end and Europe is not able to come up with another plan before then, mass chaos is going to unleashed. Most major European banks are massively exposed to European sovereign debt, and most of them are also very, very highly leveraged. If we see nations such as Greece, Portugal and Italy start to default, we could have quite a few major European banks go down in rapid  succession. That could be the “tipping point” that sets off mass financial panic around the globe.
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    Of course the governments of Europe would probably step in to bail out many of those banks, but when the U.S. did something similar back in 2008 that didn’t prevent the world from plunging into a horrible worldwide recession.
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    Right now, the way that the monetary union is structured in Europe simply does not work. Countries that are deep in debt have no  flexibility in dealing with those debts, and citizens of wealthy countries such as Germany are becoming deeply resentful that they must keep shoveling money into the financial black holes of southern Europe.
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    These bailouts cannot go on indefinitely. Political and financial  authorities all over Europe know this and they also know that Europe is  rapidly heading toward a day of reckoning.
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    The quotes that you are about to read are absolutely shocking. In Europe they openly admit that the financial system is dying, that the euro is in danger of not surviving and that the EU does not work in its present form. The following are 20 quotes from European leaders that prove that they know that the financial system in Europe is doomed….
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    #1 Polish finance minister Jacek Rostowski:  “European elites, including German elites, must decide if they want the euro to survive – even at a high price – or not. If not, we should  prepare for a controlled dismantling of the currency zone.”
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    #2 Stephane Deo, Paul Donovan, and Larry Hatheway of Swiss banking giant UBS:Under  the current structure and with the current membership, the euro does  not work. Either the current structure will have to change, or the  current membership will have to change.”
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    #3 EU President Herman Van Rompuy: “The euro has never had the infrastructure that it requires.”
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    #4 German President Christian Wulff:  “I regard the huge buy-up of bonds of individual states by the ECB as legally and politically questionable. Article 123 of the Treaty on the EU’s workings prohibits the ECB from directly purchasing debt instruments, in order to safeguard the central bank’s independence”
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    #5 Deutsche Bank CEO Josef Ackerman:  “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.”
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    #6 ECB President Jean-Claude Trichet: “We are experiencing very demanding times”
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    #7 International Monetary Fund Managing Director Christine Lagarde: “Developments this summer have indicated we are in a dangerous new phase”
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    #8 Prince Hermann Otto zu Solms-Hohensolms-Lich, the Bundestag’s Deputy President:  “We must consider whether it would not be better for the currency union and for Greece itself to go for debt restructuring and an exit from the  euro”
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    #9 Alastair Newton, a strategist for Nomura Securities in London:  “We believe that we are just about to enter a critical period for the eurozone and that the threat of some sort of break-up between now and year-end is greater than it has been at any time since the start of the  crisis”
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    #10 Former German Chancellor Gerhard Schroeder:  “The current crisis makes it relentlessly clear that we cannot have a common currency zone without a common fiscal, economic and social policy”
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    #11 Bank of England Governor Mervyn King:  “Dealing with a banking crisis was difficult enough, but at least there were public-sector balance sheets on to which the problems could be moved. Once you move into sovereign debt, there is no answer; there’s no backstop.”
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    #12 George Soros:  “We are on the verge of an economic collapse which starts, let’s say,  in Greece. The financial system remains extremely vulnerable.”
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    … for the full article click here!

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September 8, 2011 Posted by | Economics, GeoPolitics | , , , , , , , , | Comments Off

German Court Reins in Berlin on Euro Crisis!

  • Germans are asking the simple question: ‘Why should we bailout Greece and the PIIGS when we ourselves are overburdened with debts (debt to GDP of 85+%)? Especially when it is unlikely we will ever get paid back!‘ They are absolutely correct in opposing more good money thrown after bad money! In reality, when you are bankrupt, no banks will bail you out by lending you more money. It is all about Illuminist politicians stealing money from the public to give to their insolvent Illuminist bankster buddies! It is all a SCAM ! (emphasis mine)
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    German court reins in Berlin on euro crisis
    By Noah Barkin
    BERLIN (Reuters) – Germany’s top court handed the country’s parliament a greater say over euro zone bailouts on Wednesday, in a closely-watched ruling that could hamper Berlin’s ability to act swiftly to counter a debt crisis that has plagued the currency bloc for two years.
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    The Constitutional Court in the southern city of Karlsruhe rejected, as expected, a series of lawsuits aimed at blocking German participation in emergency loan packages. Chancellor Angela Merkel hailed that decision as validation of her much-criticized euro zone policy.
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    But the court also said her government must get approval from parliament’s budget committee before granting such aid and appeared to rule out more radical solutions floated by Germany’s European partners for solving the crisis, such as joint euro zone bonds.
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    “This was a very tight decision. But it should not be mistakenly interpreted as a constitutional blank check authorizing further rescue measures,” the chief judge Andreas Vosskuhle told plaintiffs, government officials and members of parliament in the courtroom.
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    The euro briefly rose against the dollar in response. “Today’s ruling should bring some relief to financial markets as a total chaos scenario has been avoided, but it should not lead to euphoria,” said Carsten Brzeski, an economist at ING.
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    Doubts about the willingness of countries like Italy and Greece to push through the austerity measures demanded by their partners have darkened the political mood in Germany and other northern European members of the 17-nation currency bloc.
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    Italy’s center-right government promised on Tuesday to hike value-added tax as it bowed to market pressure for more action on its swollen debt and ignored mass street protests and strikes against its austerity measures.
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    But such has been the chaos surrounding its austerity drive that markets, and more importantly the European Central Bank which has stepped in to buy Italian bonds and avert the need for a bailout, are unlikely to be convinced yet.
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    Meanwhile fiscal backsliding in Athens has put a new aid payment from the country’s international lenders in danger and prompted lawmakers in Merkel’s party to call for Greece’s ejection from the 17-nation currency area.
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    …. for the full article click here!

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September 8, 2011 Posted by | Economics, GeoPolitics | , , , , , , , | Comments Off

German Court Curbs Future Bail-Outs, Bans EU Fiscal Union!

  • The German Constitutional court appears to have delivered a verdict that has the financial markets rejoicing. However, the detail verdict/opinion is more sobering! (emphasis mine)
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    German court curbs future bail-outs, bans EU fiscal union
    By http://www.telegraph.co.uk/
    Germany’s constitutional court has at last delivered its Solomonic judgment on   Europe’s rescue machinery.
    It chose to avert Götterdämmerung. The nexus of bail-outs already agreed for Greece, Portugal and Ireland are allowable under Germany’s Basic Law – or Grundgesetz – because there is no “automatic” transfer of money beyond the Bundestag’s control. Germany may participate in Europe’s €440bn (£388bn) bail-out fund (EFSF).
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    To prohibit the existing rescues would have brought down the temple of monetary union within days, and with it Europe’s financial system. The judges did not want a global depression on their conscience.
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    Fears that the court might queer the pitch in some complicated way have been eating at markets for weeks, so Wednesday’s relief rally was predictably fast and furious. Germany’s DAX index surged 3.7pc and Milan’s MIB was up 4.2pc as Italian banks came back from death.
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    Yet euphoria is surely misplaced. The court’s president, Andreas Vosskuhle, cautioned Chancellor Angela Merkel and Brussels to watch their step. “This was a very tight decision. But it should not be mistakenly interpreted as a constitutional blank cheque authorising further rescue measures,” he said.
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    The opinion is a partial victory for the professors who brought the case and fear that Euroland’s crisis is dragging Germany across the Rubicon into an EMU debt union without treaty authority or democratic control.
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    Karl Albrecht Schachtschneider, their lead jurist, called the verdict “a bad day for Germany and Europe and a slap in the face of the country”. Yet in reality the professors extracted language that kills off any prospect of a debt union, or an EU treasury and fiscal federalism, for the foreseeable future.
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    “The Bundestag’s budget responsibilities may not be transferred through open-ended appropriations to other actors. In particular, no financial mechanisms can lead to meaningful fiscal burdens without prior approval,” said the opinion.
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    “No permanent treaty mechanisms shall be established that leads to liability for the decisions of other states, especially if they entail incalculable consequences,” it said.
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    The ruling is “a clear rejection of eurobonds”, said Otto Fricke, finance spokesman for the Free Democrats (FDP) in the governing coalition. Above all, the court ruled that the Bundestag’s fiscal sovereignty is the foundation of German democracy and that Article 38 of the Basic Law prohibits transfer of these prerogatives to “supra-national bodies”.
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    By stating that there can be no further bail-outs for the eurozone without the prior approval of the Bundestag’s budget committee, the court has thrown a spanner in the works and rendered the EFSF almost unworkable.
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    It restricts the ability of Chancellor Angela Merkel to strike rescue deals at EU summits, leaving it unclear how she or any future Chancellor could respond to the sort of crisis that blew up in late July of this year when Italian and Spanish bond yields reached danger levels above 6pc. Moreover, Finland, the Netherlands and Slovakia are all eyeing variants of this legislative veto.
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    Mrs Merkel is already facing a simmering mutiny in the Bundestag. Up to 25 deputies from her coalition – mostly from the FDP and Bavaria’s Social Christians (CSU), but also top Christian Democrats – intend to vote against the revamped EFSF later this month or abstain.
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    What this reflects is the deeper revolt by German society over escalating rescue costs and the threat to German nationhood. The budget committee is already fractious and is likely to prove tougher with each fresh demand. The question is how will it respond to the disintegration of Greece’s rescue programme or if and when Brussels again pushes for a massive boost in the firepower of the EFSF to cope with Spain and Italy.
    ….

    UBS has even put precise figures on the costs of break-up, deeming the current structure unworkable. “We note that almost no modern fiat currency monetary unions have broken up without some form of authoritarian or military government, or civil war,” it said. As long as major banks are uttering such thoughts, this crisis can only rumble on
    ….

    …. for the full article click here!

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September 8, 2011 Posted by | Economics, GeoPolitics | , , , , , , , , | Comments Off

UBS: Euro Collapse Could Lead To Martial Law, Civil War!

  • We are entering a period of massive chaos and social upheaval. There is no easy route out of this period. Looming sovereign debt implosion and financial system collapse will likely end in World War!
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  • Out of this unsettling period we will see the fulfilment of the biblical prophecy of the 10 Horn Beast! See also: EU Parliament Recommendation 666 (Page 47).
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    Daniel 7 (New King James Version)
    7 “After this I saw in the night visions, and behold, a fourth beast, dreadful and terrible, exceedingly strong. It had huge iron teeth; it was devouring, breaking in pieces, and trampling the residue with its feet. It was different from all the beasts that were before it, and it had ten horns. 8 I was considering the horns, and there was another horn, a little one, coming up among them, before whom three of the first horns were plucked out by the roots. And there, in this horn, were eyes like the eyes of a man, and a mouth speaking pompous words.
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    19 “Then I wished to know the truth about the fourth beast, which was different from all the others, exceedingly dreadful, with its teeth of iron and its nails of bronze, which devoured, broke in pieces, and trampled the residue with its feet; 20 and the ten horns that were on its head, and the other horn which came up, before which three fell, namely, that horn which had eyes and a mouth which spoke pompous words, whose appearance was greater than his fellows.   
    21 “I was watching; and the same horn was making war against the saints, and prevailing against them, 22 until the Ancient of Days came, and a judgment was made in favor of the saints of the Most High, and the time came for the saints to possess the kingdom.    
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  • UBS: Euro Collapse Could Lead To Martial Law, Civil War
    by Paul Joseph Watson, www.Infowars.com 
    Hank Paulson-style fearmongering is desperate effort to save single currency, preserve plan for superstate
    In a similar vein to how Hank Paulson threatened  martial law on the streets of America if the bailout failed to pass, top banks  like UBS are now warning of “authoritarian or military government” and “civil  war” in a bid to frighten away member states from leaving the euro.
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    It’s a transparent ploy designed to create the  pretext for empowering the EU to enforce a common economic policy across all  member states, something that British Prime Minister David  Cameron is now openly backing.
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    In  a UBS Investment Research release, the Swiss bank warns that should member  states begin to desert the euro, precipitating a collapse of the single  currency, “some form of authoritarian or military government, or civil war,”  would likely ensue.
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    The tone of UBS’ advisory sounds very sobering and  authoritative, but we’ve seen this type of financial fearmongering before,  during the 2008 bailout debate, which was eventually rammed through on the back  of bellicose threats about martial law and economic armageddon.
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    As  Senator James Inhofe revealed, then Treasury Secretary Hank Paulson told  members of Congress the crisis would be “far worse than the great depression” if  Congress didn’t authorize the bill to buy out toxic debt, a proposal “which he  abandoned the day after he got the money,” added Inhofe, referring to how  immediately after it was approved, Paulson announced that the bailout money  would not be used to buy up toxic debt but would instead be injected directly  into banks like Goldman Sachs, at which he was a former CEO.
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    Lawmakers  at the time were threatened with “martial law” and “troops on the streets”  if they failed to vote for the bill, identical rhetoric we’re now hearing from  UBS and others.
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    The Obama administration also used economic  terrorism to  get an agreement pushed through on the debt hike. While telling Americans  that a new great depression could be just days away if a compromise wasn’t  reached, Obama was privately telling big banks not to worry, assuring them that  “such an event won’t happen.”
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    Billionaire  investor George Soros has now joined the chorus, warning that the “crisis  has the potential to be a lot worse than Lehman Brothers,” unless the European  Union is handed more power to create a central economic authority.
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    Of course, the populations of Greece, Italy,  Portugal and others would most likely not resort to mass rioting and civil war  if the euro was to disappear. Most of them would welcome the return of their old  traditional currencies and the value of goods and services would simply be  re-valued accordingly.
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    There would be no mass panic, no civil unrest and  no need for martial law, but the banking establishment has to make it appear  that way in order to preserve the euro and keep the continent on track for a  future amalgamation into a 4th  Reich-style federal superstate, which was the agenda from the very  beginning.

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September 8, 2011 Posted by | Economics, EndTimes, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , | Comments Off

Mike Maloney: Debt Collapse – $20,000 Gold ! Gold and Silver Going Alot Higher!

September 8, 2011 Posted by | Economics | , , , , , , , , , , , , , | Comments Off

Greek 1-Year Bond Yield Hits 88.48%, 2-Year Bond Yield Hits 50%!

It is obvious Greece will default! 2 year bond yield is already at 50%! Source:http://globaleconomicanalysis.blogspot.com/

September 8, 2011 Posted by | Economics | , , , , , , | Comments Off

Lyndon LaRouche: The Trans-Atlantic World Has Entered A Breakdown Crisis Worse Than The 14th Century Dark Ages!

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September 8, 2011 Posted by | Economics, GeoPolitics | , , , , , | Comments Off

   

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