Socio-Economics History Blog

Socio-Economics & History Commentary

Alex Jones: ‘The UN Needs To Be Abolished’!

  • “For a long time I felt that FDR had developed many thoughts and ideas that were his own to benefit this country, the United States. But, he didn’t. Most of his thoughts, his political ammunition, as it were, were carefully manufactured for him in advanced by the Council on Foreign Relations – One World Money group. Brilliantly, with great gusto, like a fine piece of artillery, he exploded that prepared “ammunition” in the middle of an unsuspecting target, the American people, and thus paid off and returned his internationalist political support.
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    “The UN is but a long-range, international banking apparatus clearly set up for financial and economic profit by a small group of powerful One-World revolutionaries, hungry for profit and power.
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    “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

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September 23, 2011 Posted by | GeoPolitics | , , , | 1 Comment

Currency Killers: Currency War! In The End, Both Dollar And Euro Will Fail !

September 23, 2011 Posted by | Economics | , , , , , , | Comments Off

Dr. Andrew Wakefield: Deadly Inoculations!

September 23, 2011 Posted by | Medicine & Health | , , | Comments Off

Peter Schiff: This Phony Economy is Unraveling!

September 23, 2011 Posted by | Economics | , , , , , , , , , | Comments Off

Alex Jones: Foreign Banking Cartel Runs U.S. Gov.!

  • There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt. – John Adams, 1826

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September 23, 2011 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , | Comments Off

Marc Faber: Bigger Financial Crisis on The Way! Most Banks Are Bankrupt!

September 23, 2011 Posted by | Economics | , , , , , , , , , , | Comments Off

1930′s-Style Financial Meltdown Imminent !

  • The world is at the edge of a cliff and about to take a dive. Global economic, financial and monetary collapse dead ahead ! This is a planned take down of the world by the Illuminati! They want a catastrophic collapse to usher in their Luciferian New World Order, World Financial Hegemony, Global Supra-National Central Bank and One World Currency!
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    1930′s-Style Financial Meltdown Imminent!
    By Will Hutton, Guardian Observer, September 18, 2011
    The ailing euro is part of a wider crisis. Our capitalist system is near meltdown. A 1930s-style crash threatens us and our financial partners. Collective action is the only solution.
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    Eighty years ago, faced with today’s economic events, nobody would have been in any doubt: we would obviously be living through a crisis in capitalism. Instead, there is a collective unwillingness to call a spade a spade. This is variously a crisis of the European Union, a crisis of the euro, a debt crisis or a crisis of political will. It is all those things, but they are subplots of a much bigger story: the way capitalism has been conceived and practised for the last 30 years has hit the buffers. Unless and until that is recognised, western economies will be locked in stagnation which could even transmute into a major economic disaster.
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    Simply put, the world has trillions upon trillions of excessive private debt financed by too many different currencies whose risk is allegedly mitigated by even more trillions of financial bets which in aggregate do not minimise the systemic risk one iota. This entire financial edifice, underwritten by tiny amounts of capital, has been created over three decades backed by the theory that markets do not make mistakes. Capitalism is best conceived and practised, runs the theory, by hunter-gatherer bankers and entrepreneurs owing no allegiance to the state or society.
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    This is nonsense. Business and the state co-generate wealth in a system of complex mutual dependence. Markets are beset by mood swings and uncertainty which, if not offset by government action, lead to violent oscillations. Capitalism without responsibility or proportionality degrades into racketeering and exploitation. The prospect of limitless pay is an open invitation to bad, or even criminal, behaviour. Good capitalism cannot happen without referees to blow the whistle or robust frameworks in which markets can function; neither is reliably created by capitalism itself, hence the role of democratic government. Yet the world is trying to solve the legacy of the last 30 years as if none of this were true and, instead, that the practice and theories that created the mess are still valid.
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    US treasury secretary Tim Geithner, joining EU finance ministers in Poland as again they pondered how best to end the ongoing euro crisis, was at least recognising today’s interdependencies between countries when he urged his fellow ministers to stop bickering because the markets were terrified by the threat of a catastrophic event – with all the risk that posed the US.
    ….
    We are living through the most dangerous confluence of economic circumstances in modern times. Trying to pretend the interdependencies do not exist or that the collapse of the euro is the answer can only make matters worse. It is a straight choice: we do all we can to help each other or risk going down in what could be the worst economic contraction for a century.
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    … for the full article click here!

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September 23, 2011 Posted by | Economics | , , , , , , , , , , , , | 1 Comment

Lloyd’s of London Pulls Deposits From Banks on Debt Crisis!

  • There is a silent run on European banks by large corporations. If these corporations do not trust Eurozone banks, should you? Obviously not! This is not going to end well for everyone. The Eurozone can go into a cataclysmic financial and monetary collapse at any moment. I believe the Eurozone leaders are preparing for a controlled default of Greece. The problem is that the world economy is too inter-connected and the ramifications are unpredictable! The contagion effect is difficult to contain. What is not apparent in this article is the fact that: capital is fleeing from countries deemed most likely to default! How long can the current state of affairs last? Not for long!
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    Lloyd’s of London Pulls Deposits From Banks on Debt Crisis
    By Kevin Crowley and Jeff Black, http://www.bloomberg.com/
    Lloyd’s of London, concerned European governments may be unable to support lenders in a worsening debt crisis, has pulled deposits in some peripheral economies as the European Central Bank provided dollars to one euro-area institution.
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    “There are a lot of banks who, because of the uncertainty around Europe, the market has stopped using to place deposits with,” Luke Savage, finance director of the world’s oldest insurance market, said today in a phone interview. “If you’re worried the government itself might be at risk, then you’re certainly worried the banks could be taken down with them.”
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    European banks and their regulators are trying to reassure investors and customers that lenders have enough capital to withstand a default by Greece and slowing economic growth caused by governments’ austerity measures. Siemens AG, European’s biggest engineering company, withdrew short-term deposits from Societe Generale SA, France’s second-largest bank, in July, a person with knowledge of the matter said yesterday.
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    Lloyd’s, which holds about a third of its 2.5 billion pounds ($3.9 billion) of central assets in cash, has stopped depositing money with some banks in Europe’s peripheral economies, Savage said, declining to name the countries or institutions.
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    … for the full article click here!

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September 23, 2011 Posted by | Economics | , , , , | Comments Off

Dylan Ratigan: ‘Occupy Wall Street’ Protest ! “Wall Street Financiers Own Congress And They Make The Rules”!

  • Quotes:
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    “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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    “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.
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    “The real menace of our republic is this invisible government which like a giant octopus sprawls its slimy length over city, state and nation. Like the octopus of real life, it operates under cover of a self created screen….At the head of this octopus are the Rockefeller Standard Oil interests and a small group of powerful banking houses generally referred to as international bankers. The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes. They practically control both political parties.
    New York City Mayor John F. Hylan, 1922
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    “The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson.”
    A letter written by FDR to Colonel House, November 21st, 1933

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September 23, 2011 Posted by | Economics, Social Trends | , , , , , | Comments Off

Ex IDF Officer: Israeli Occupation is Neither Moral Nor Legitimate!

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

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 23, 2011 Posted by | GeoPolitics, History, Social Trends | , , , , , | Comments Off

Jim Rogers: Next Global Recession Will Be Worse Than 2008 ! Disintegration of Euro?

September 23, 2011 Posted by | Economics | , , , , , , , , , , , | 1 Comment

IMF: Rash of Bank Downgrades Signals Return To ‘Danger Zone’ !

  • The financial quakes are getting bigger and coming faster. Stock markets around the world are being hammered. The world is at the cusp of a catastrophic breakdown. The herd instinct of the sheeple is driving them into the USD and US treasuries. Both of which are not safe. Gold and silver were hammered in the process. This is a great time to buy physical gold !
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    Rash of bank downgrades signals return to ‘danger zone:’ IMF
    by Barrie Mckenna, http://www.theglobeandmail.com/
    Europe’s big financial institutions are under pressure to quickly secure tens of billions of euros of new capital, as the continent’s spreading debt crisis increasingly engulfs the banking system.
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    The International Monetary Fund warned the global financial system is more vulnerable now than at any point since the financial crisis of three years ago, as Europe’s debt crisis risks trigger a treacherous slide back into the widespread instability that prevailed during the darkest days of 2008.
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    “We are back in the danger zone,” IMF director José Vinals said on the eve of a key meeting of global finance ministers and central bankers in Washington. “Some European banks urgently need to bolster their capital levels,” the IMF said in its semi-annual Global Financial Stability Report.
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    Highlighting the growing financial risks in Europe, Standard & Poor’s downgraded seven large Italian banks over the continent’s sovereign debt woes – a day after it downgraded Italy’s government debt. The downgrades show financial market angst is spreading from troubled government finances to troubled banks.
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    In the U.S., meanwhile, Moody’s Investors Service on Wednesday downgraded the debt ratings of the three largest U.S. banks – Bank of America, Citibank NA and Wells Fargo, citing a reduced likelihood that the United States government would ride to the rescue in the event of a failure.
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    The U.S. government is “more likely now than during the financial crisis to allow a large bank to fail should it become financially troubled, as the risks of contagion become less acute,” Moody’s analysts said in a statement on Bank of America and Wells Fargo.
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    U.S. banks are suffering a hangover from the deep housing slump and the recession, which wiped out trillions of dollars worth of Americans’ wealth. Bank of America has improved its capital and liquidity positions, but the bank’s mortgage portfolio contains risks, Moody’s said.
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    European banks are caught in a more immediate squeeze. Saddled with large holdings of risky European sovereign bonds, they’re facing woes, faltering capital bases and, now, an apparent run by foreign investors.
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    …. for the full article click here!

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September 23, 2011 Posted by | Economics | , , , , , , , , | Comments Off

Peter Schiff: Global Depression Unfolding! FedRes Will Implement QE3!

September 23, 2011 Posted by | Economics | , , , , , , , , | 1 Comment

Global Recession Fears Hammer Markets! Markets Selloff on Mounting Fears!

September 23, 2011 Posted by | Economics | , , , , , | 1 Comment

Global Market Meltdown!

September 23, 2011 Posted by | Economics | , , , | 1 Comment

   

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