WTC Power-Downs Before 9/11 !

Biggest French Banks May Have Ratings Cut by Moody’s on Greek Holdings!

• All the warning signs of a ginormous collapse are there! Are you prepared or are you a sheeple? Sheeple only realize an event has occurred after the fact! They cannot see a tsunami coming even when the ginormous waves are 10 metres out! There are 2 kinds of people in this world. Smart people learn from history and others’ mistakes! Idiots learn from their own mistakes! Don’t be a sheeple!
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• Practically all western banks are insolvent! Got physical gold yet? (See also: German Economy Minister: “Greek Default Can’t Be Ruled Out” And “We Need A Bankruptcy Procedure For Countries”)
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  Biggest French Banks May Have Ratings Cut by Moody’s on Greek Holdings
  By Helene Fouquet, http://www.bloomberg.com/
  BNP Paribas (BNP) SA, Societe Generale SA and Credit Agricole SA (ACA), France’s largest banks by market value, may have their credit ratings cut by Moody’s Investors Service as soon as this week because of their Greek holdings, two people with knowledge of the matter said.
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  Moody’s placed the three banks’ ratings on review in June to examine “the potential for inconsistency between the impact of a possible Greek default or restructuring and current rating levels,” the rating company said at the time. Cuts are likely as the review period concludes, said the people, who declined to be identified because the matter is confidential.
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  Group of Seven finance chiefs vowed on Sept. 9 to support banks and buoy slowing economic growth as Europe’s debt crisis roiled financial markets and threatened a global recession. Renewed fears that European policy makers are failing to prevent a Greek default and contain their debt woes prompted investors to sell stocks and push the euro to a six-month low against the dollar. European bank and sovereign credit risk reached all-time highs as 10-year Treasury and German bund yields fell to record lows on demand for a haven.
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  “We will take all necessary actions to ensure the resilience of banking systems and financial markets,” G-7 finance ministers and central bankers said in a statement released during talks in Marseille, France. Moody’s currently rates BNP Paribas’ long-term debt at Aa2, the third-highest investment grade. Credit Agricole is rated Aa1, the second highest, while Societe Generale (GLE) is Aa2.

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Germany And Greece Flirt With Mutual Assured Destruction!

Above, lightning over the Parthenon temple, on the Acropolis hill in Athens. Photograph: Petros Giannakouris/AP

• Greece will default! The Illuminist banksters and vulture funds are all ready to take advantage of the coming collapse. It will spread to the rest of the PIIGS and bring down the Eurozone! UK and Japan will follow next and finally USD will go down the toilet bowl ! Got physical gold yet?
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  Germany and Greece flirt with mutual assured destruction
  By Ambrose Evans-Pritchard, http://www.telegraph.co.uk/
  Bild Zeitung populism has prevailed. Germany is pushing Greece towards a hard   default, risking the uncontrollable chain reaction so long feared by markets.
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  First we learn from planted leaks that Germany is activating “Plan B”, telling banks and insurance companies to prepare for 50pc haircuts on Greek debt; then that Germany is “studying” options that include Greece’s return to the drachma.
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  German finance minister Wolfgang Schauble has chosen to do this at a moment when the global economy is already flirting with double-dip recession, bank shares are crashing, and global credit strains are testing Lehman levels. The recklessness is breath-taking.
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  If it is a pressure tactic to force Greece to submit to EU-IMF demands of yet further austerity, it may instead bring mutual assured destruction. “Whoever thinks that Greece is an easy scapegoat, will find that this eventually turns against them, against the hard core of the eurozone,” said Greek finance minister Evangelos Venizelos.
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  Greece can, if provoked, pull the pin on the European banking system and inflict huge damage on Germany itself, and Greece has certainly been provoked.
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  Germany’s EU commissioner Günther Oettinger said Europe should send blue helmets to take control of Greek tax collection and liquidate state assets. They had better be well armed. The headlines in the Greek press have been ”Unconditional Capitulation”, and “Terrorization of Greeks”, and even “Fourth Reich”.
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  Mr Schauble said there would be no more money for Athens under the EU-IMF rescue package until the Greeks “do what they agreed to do” and comply with every demand of `Troika’ inspectors.
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  Yet to push Greece over the edge risks instant contagion to Portugal, which has higher levels of total debt, and an equally bad current account deficit near 9pc of GDP, and is just as unable to comply with Germany’s austerity dictates in the long run. From there the chain-reaction into EMU’s soft-core would be fast and furious.
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  Let us be clear, the chief reason why Greece cannot meet its deficit targets is because the EU has imposed the most violent fiscal deflation ever inflicted on a modern developed economy – 16pc of GDP of net tightening in three years – without offsetting monetary stimulus, debt relief, or devaluation.
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  This has sent the economy into a self-feeding downward spiral, crushing tax revenues. The policy is obscurantist, a replay of the Gold Standard in 1931. It has self-evidently failed. As the Greek parliament said, the debt dynamic is “out of control”.
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  We all know that Greece behaved badly for a decade. The time for tough love was long ago, when the mistakes were made and all sides were seduced by the allure of EMU. Even if the Papandreou government met every Troika demand at this point, it would not make any material difference. Greek citizens already understand this, and they understand that EU loan packages are merely being recycled to northern banks.
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  Instead of recognizing the collective EU failure at every stage of this debacle, the creditor powers are taking out their fury on what is now a victim. We have never been so close to EMU rupture. Friday’s resignation of Jurgen Stark at the European Central Bank is literally a kataklysmos, a German vote of no confidence in EMU management. Dr Stark is not just an ECB board member. He is the keeper of the Bundesbank’s monetary flame.
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  The vehemence of his protest against ECB bond purchases confirm what markets suspect: that the ECB cannot shore up Italian and Spanish debt markets for long without losing Germany. “I look at what is happening in EMU and the words that spring to mind are total and utter disaster”, said Andrew Roberts, credit chief at RBS. He thinks German Bund yields could break below 1pc in the flight to safety.
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  Citigroup and UBS both issued reports last week on the mechanics of EMU break-up, both concluding with touching faith that EU leaders cannot and will not allow it to happen. “The euro should not exist,” said Stephane Deo from UBS. It creates more costs than benefits for the weak. Its “dysfunctional nature” was disguised by a credit bubble. The error is now “painfully obvious”.
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  Yet Mr Deo warns that EMU exit would not be as painless as departing the ERM in 1992. Monetary unions do not break up lightly. The denouement usually entails civil disorder, even war.
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  If a debtor such as Greece left, the new drachma would crash by 60pc. Its banks would collapse. Switching sovereign debt into drachma would be a default, shutting the country out of capital markets. Exit would cost 50pc of GDP in the first year.
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  If creditors such as Germany left, the new mark would jump 40pc to 50pc against the rump euro. Banks would face big haircuts on euro debt, and would need recapitalization. Trade would shrink by a fifth. Exit would cost 20pc  to 25pc of GDP.
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  UBS concludes that the only course is a “fiscal confederation”, a la Suisse. Well, perhaps, but Germany’s top court chilled such hopes when it ruled that the Bundestag’s budgetary powers may not be alienated to “supra-national bodies”. Nor do I believe that German society is willing to undertake such a burden for Greco-Latins in regions equal to six times East Germany.
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  Citigroup’s Willem Buiter disputes the “federalism or bust” dichotomy, saying Anglo-Saxon commentators are trapped in the mental world of the Peace of Westaphalia in 1648, which established the sovereign state as pillar of international order.
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  … for the full article click here!

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Keiser Report: Passing Fiat Cash Grenade! Global Financial, Currency War! Gold Is The Only Safe Haven Asset!

9/11: Professor Steven Jones – Scientific Evidence of NanoThermite Explosives And The Controlled Demolition of Twin Towers & WTC 7!

9/11 Loose Change Documentary! State Sponsored False Flag Terrorism!

9/11: Proof That The WTC Was Rigged With Explosives!

The 9/11 Mossad, Truck (Van) Bomb, Dancing Israelis Connection!

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

9/11: WTC Sub-Level Explosions!

World Trade Center on 9/11: Sounds of Explosions!

9/11 Firefighters Testimony On Explosions In WTC1 !

9/11 NYC Firefighters: Controlled Demolition!

Firefighters For 9/11 Truth: Explosion Witness Barry Jennings!

9/11: Explosive Evidence – Experts Speak Out (Full Documentary)

• 9/11 was an inside job planned by the Illuminist shadow government and executed via CIA and Mossad ! All 3 towers were taken down by controlled demolition!
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  YouTube :
  The powerful new documentary film by Architects & Engineers for 9/11 Truth. Just in time for the 10th anniversary of the September 11th attacks. 9/11/11
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  Architects & Engineers for 9/11 Truth
  Richard Gage, AIA
  http://www.ae911truth.org/
  -
  Fire Fighters For 9/11 Truth – FF911Truth
  http://firefightersfor911truth.org/

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