Spain in a State of ‘Total Emergency’!
- Things are unravelling rapidly in the Eurozone. There are a great deal of rumours swirling that JP Morgue is going down big time and with it the world financial system. The derivatives collapse has been triggered. It appears to be unstoppable. The Illuminists may think they are gods but they are not. All their scheming, scamming, planning, control … will mean nothing when the markets get out of hand. It will blow up in their faces! Get out of paper assets. Move to hard assets like physical gold/silver immediately!
- - Even though I still think the collapse will start in the Aug-Oct 2012 time frame. I have been out of paper assets for some time now. Never time this type of thing to the month or day. I have been wrong before. The consequences of being wrong this time round is too severe to muck around.
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Spain in a state of ‘total emergency’!
By Louise Armitstead, http://www.telegraph.co.uk/
Spain is in a state of ‘total emergency’, the country’s former prime minister has warned, with Madrid facing punitive borrowing costs and the prospect of needing a Greek-style bail-out.
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Felipe González, the country’s elder statesman, said: “We’re in a situation of total emergency, the worst crisis we have ever lived through.” Global financial markets lurched yesterday at the spectre of the eurozone’s fourth biggest economy being locked out of international capital markets and being unable to fund itself.
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Spanish borrowing costs soared, while the Madrid stock market fell 2.6 per cent, the euro sank to a 22-month low against the dollar and the price of Brent crude dropped 2 per cent. Meanwhile, global investors fled to “safe havens” sending UK bonds to another low. The FTSE 100, however, dropped 1.7 per cent, along with European and American stockmarkets.
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The rout on global markets paused briefly around midday when the European Commission published a report calling for radical new support for “sinner states” across the eurozone.
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read more!
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Spain faces ‘total emergency’ as fear grips markets!
By Ambrose Evans-Pritchard, http://www.telegraph.co.uk/
Spain is facing the gravest danger since the end of the Franco dictatorship as the country is frozen out of global capital markets and slides towards an epic showdown with Europe.
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“We’re in a situation of total emergency, the worst crisis we have ever lived through” said ex-premier Felipe Gonzalez, the country’s elder statesman. The warning came as the yields on Spanish 10-year bonds spiked to 6.7pc, pushing the “risk premium” over German Bunds to a post-euro high of 540 basis points. The IBEX index of stocks in Madrid fell 2.6pc, the lowest since the dotcom bust in 2003.
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Chaos over the €23.5bn rescue of crippled lender Bankia has led to the abrupt resignation of central bank governor Miguel Ángel Fernández Ordóñez, who testified to the senate that he had been muzzled to avoid enflaming events as confidence in the country drains away.
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Markets are on tenterhooks as Spanish yields test levels that forced the European Central Bank to respond last November with its €1 trillion liquidity blitz. “Nobody is short Spanish debt right now because they are expecting ECB intervention,” said Andrew Roberts, credit chief at RBS. “If it doesn’t come — if we take out 6.8pc — we’re going to see a hyberbolic sell-off,” he said.
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read more!
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Harvey Organ: JP Morgan IR Swaps Derivatives Crisis Can Bring Down The World Financial System! Gold Rehypothecation Fraud !
- SilverDoctors :
The Doc sat down with Harvey Organ over the holiday weekend to discuss the escalation of the European debt crisis, JP Morgan’s derivatives crisis, and the gold and silver markets.
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In this explosive interview, Harvey discusses the cartel’s re-hypothecation of physical gold bullion, and documents how the bullion banks are running a shell game by re-hypothecating/ swapping/ leasing Arab investors’ gold bullion deposited at the Bank of England to the GLD and other ‘gold depositories’.
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‘Essentially the GLD vaults hold physical gold metal, but it’s not owned by the GLD. It has to be re-swapped back to the Bank of England. The Bank of England has basically swapped the gold to the GLD, and it’s not even the Bank of England’s gold, it’s Arab investor’s gold! It’s an obligation on the part of the Bank of England to get it back! This goes along with the whole hypothecation/ rehypothecation story of MF Global. The same ounces of gold are going from one place to another to another. The COMEX, the LBMA, the Bank of England- it’s ONE INVENTORY!! It serves three masters, and the fun begins when they all want it back!‘
- - Harvey Organ: JPM Unwinding IRSwaps, Losses ‘COULD BRING DOWN THE WHOLE FINANCIAL SYSTEM’!
The Doc spoke with financial/metals analyst Harvey Organ this weekend to discuss the escalation of the European debt crisis, JP Morgan’s derivatives crisis, and the gold and silver markets.
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Harvey believes that the panicked reactions of multiple federal regulatory agencies indicates that JP Morgan’s losses are likely much more critical and severe than the mere $8 billion lost in the IG9 tranche, and states the data indicates JP Morgan is unwinding a portion of its $50 Trillion in interest rate swaps.
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Harvey fears that the losses on JP Morgan’s interest rate swaps could already be $100 billion, and ‘COULD BRING DOWN THE WHOLE FINANCIAL SYSTEM OF THE WORLD!‘
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Harvey states ‘If JP Morgan’s involved it really is The Fed itself, and if The Fed’s blowing up that will just about be THE explosion heard throughout the world.‘ When asked what type of risk JP Morgan’s derivatives crisis currently poses to the financial system Harvey responded:
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We’ve been following this (JP Morgan’s derivatives) for quite awhile. Rob Kirby in 2009 wrote a great paper The Elephant in the Room, where he describes the huge amount of interest rate swaps that JP Morgan has underwritten, and it’s probably in excess of $50 trillion- of the $70 trillion in derivatives that they hold.
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These interest rate swaps are really a bet where they go long on long term rates (T-bonds), and short the short term treasury bills. That forces the purchase of bonds, which in turn causes long term rates to fall. That’s basically why long term rates are low for the United States, but Europe’s rates are higher: it’s because of the manipulation by JP Morgan.
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What Jim Willie has shown is that JP Morgan right now is unwinding some of these interest rate swaps. If they’re unwinding these things, together with the huge losses from the IG9 (which were losses from the underwriting of the European credit default swaps), THIS COULD BRING DOWN THE WHOLE FINANCIAL SYSTEM OF THE WORLD!
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If it’s $100 billion, then that blows up everybody. This is scary- and it probably will explain why JP Morgan was forced to come out on a Thursday night rather than let the world know on a Friday evening- the regulators certainly forced them to make their statement on Thursday. It probably will explain why the FBI are involved. JP Morgan probably told them what is coming, so the FBI is now doing a criminal probe. It will also explain why the CFTC has their enforcement arm coming in on the derivatives side. And the SEC also began a probe on these trades the moment it was announced.
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So if you look at these trades and realize JP Morgan earned $20 billion, and all of a sudden announce a loss of $2 billion- that shouldn’t cause this much of a scare. But probably these regulators know the truth, JP Morgan probably told them ‘we have a major problem here’ , and that’s why all these other regulatory bodies have started coming in. If JP Morgan’s involved it really is The Fed itself, and if The Fed’s blowing up that will just about be THE explosion heard throughout the world.
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This is huge, and it will probably really explain why these three regulatory bodies all of a sudden came in all at once. JP Morgan’s been fooling around in all these derivatives for years and now they’re suddenly worried about the customers? The probe didn’t start with MF Global, I didn’t see the FBI coming in when JP Morgan stole customer money there! But they came in now, and it’s immediate!
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There’s some strong merit here that JP Morgan’s losses are huge – NOT from the losses they had in Europe with the IG9 tranche, and $8 billion is so huge! But I think that the scare is the huge losses that are unwinding on their interest rate swaps.
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Jim Tucker: A Coming World Treasury!
- The Illuminist plan appears to be: Global Supra-National Central Bank – likely to be the IMF with the BIS as backup; World Treasury, Ministry of Finance – likely to be the World Bank!
end
Dr. Deagle & Harley Schlanger: Eurozone Sovereign Debt Meltdown, Global Financial Collapse, Bank Holiday, 75% Devaluation of Dollar, World War …
- Spanish Collapse Can Bring Down the Trans-Atlantic System this Weekend!
by http://larouchepac.com/
Abruptly, but lawfully, the Spanish debt crisis has erupted over the past 48 hours into a systemic rupture in the entire trans-Atlantic financial and monetary facade, posing the immediate question: Will the European Monetary Union and the entire trans-Atlantic financial system survive to the end of this holiday weekend?
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Late on Friday afternoon, the Spanish government revealed that the cost of bailing out the Bankia bank, which was nationalized on May 9, will now cost Spanish taxpayers nearly 24 billion euro—and rising. Many other Spanish banks are facing imminent collapse or bailout; the autonomous Spanish regions, with gigantic debts of their own, are all now bankrupt and desperate for their own bailout. Over the last week, Spanish and foreign depositors have been pulling their money out of the weakest Spanish banks in a panic, in a repeat of the capital flight out of the Greek banks months ago.
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The situations in Greece, Italy, Portugal, and Ireland are equally on the edge of total disintegration—and the exposure of the big Wall Street banks to this European disintegration is so enormous that there is no portion of the trans-Atlantic system that is exempt from the sudden, crushing reality of this collapse.
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Whether or not the system holds together for a few days or weeks more, or whether it literally goes into total meltdown in the coming hours, the moment of truth has arrived, when all options to hold the current system together have run out.
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Today, in response to this immediate crisis, American political economist Lyndon LaRouche issued a clarion call to action. Referring to the overall trans-Atlantic financial bubble, in light of the Spanish debt explosion of the past 48 hours, LaRouche pinpointed its significance as follows:
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“The rate of collapse now exceeds the rate of the attempts to overtake the collapse. That means that, essentially, the entire European system, in its present form, is in the process of a hopeless degeneration. Now, this is something comparable to what happened in Germany in 1923, and they’ve caught themselves in a trap, where a rate of collapse exceeds the rate of their attempt to overtake yesterday.
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“So therefore, we’re in a new situation, and the only solution in Europe, in particular, is Glass-Steagall, or the Glass-Steagall equivalent, with no fooling around. Straight Glass-Steagall — no bailouts! None! In other words, you have to collapse the entire euro system. The entirety of the euro system has to collapse. But it has to collapse in the right way; it has to be a voluntary collapse, which is like a Glass-Steagall process. This means the end of the euro, really. The euro system is about to end, because you can’t sustain it.
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“Everything is disintegrating now in Europe. It can be rescued very simply, by a Glass-Steagall type of operation, and then going back to the currencies which existed before. In other words, you need a stable system of currencies, or you can’t have a recovery at all! In other words, if the rate of inflation is higher than the rate of your bailout, then what happens when you try to increase the bailout, you increase the hysteria. You increase the rate of collapse. In other words, the rate of collapse exceeds the rate of bailout.
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“And now, you have Spain, and Portugal implicitly, and the situation in Greece. Italy’s going to go in the same direction. So the present system, which Obama’s trying to sustain, in his own peculiar way, is not going to work. There’s no hope for the system. Nor is there any hope for the U.S. system in its present form. The remedies, the problems, are somewhat different between Europe and the United States, but the nature of the disease is the same. They both have the same disease: It’s called the British disease. It’s hyperinflation.
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read more!
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Romney Pledges To Expand Military!
- 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.
- - 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.

The US ‘defence’ budget is easily above US$1Tillion for 2011 when all the discretionary spending are added !
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Bilderberg 2012: Secretive Summit Kicks-Off in Virginia!

The Western Illuminati Organization Chart. Source: http://www.stevequayle.com
Israel Takes Back Promise To Obama Not To Attack Iran Before The Election!
- This ‘disagreement’ between Zionist ’666′ Israel and America is an illusion for sheeple consumption. America wants to distance itself from Zionist ’666′ Israel‘s coming attack on Iran. This is to sell the idea that it is an independent act by rogue Israel and America (and NATO) is not responsible for it. US and NATO are hitting a brick war ie. the Russian Bear which threatens nuclear war. China has also weighed in by saying they do not support military action in Syria (and Iran obviously).
- - What we have is an unwinnable thermonuclear war, should the major powers decide to have a go at each other. Everybody dies! So the Anglo-American west is going to Plan B. This is to use Zionist ’666′ Israel to fight the Satanic World War 3, Greater Middle East War. The unspoken intent is also to destroy all oil supplies, all Middle Eastern oil powers. China will thus be defeated.
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Israel takes back promise to Obama not to attack Iran before the election!
by http://rt.com/
Sources from inside Washington, DC are telling the international media that Israeli leadership is upset with US President Barack Obama’s handling of Iran’s alleged nuclear threat and may take military action before the November election.
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The Debka news agency quotes sources from America’s capital that say Israel has withdrawn its earlier promise to avoid striking Iran before the upcoming US presidential election this fall. The reason, reports Debka, heavily revolves around President Obama’s refusal to side with Israel’s demands in dealing with the rumored emerging threat of a nuclear program in Iran.
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Previously, authorities in Israel told the White House that they would refrain from striking Iran until after Election Day as to avoid marring the race by possibly involving the US in an international war. Because President Obama has not put his foot down on Iran’s alleged nuclear warhead procurement plan, Israeli officials are not reportedly willing to attack at any moment.
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“There is no need to tell us what to do, and we have no reason to panic. Israel is very, very strong, but we do know that the Iranians are accomplished chess players and will try to achieve nuclear capabilities,” reads a translated statement from Israeli Defense Minister Ehud Barak delivered this week in Hebrew. “Our position has not changed. The world must stop Iran from becoming nuclear. All options remain on the table.”
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Minister Barak offered his statement on May 23, less than a week after attending a meeting in Washington. On May 17, Barak spoke with US Defense Secretary Leon Panetta at the Pentagon outside of Washington to discuss the ongoing conflict between Israel and Iran, at which point Debka reports he was told that Obama had rejected the Jewish state’s plea. Debka’s sources say Obama was unwilling to demand that Iran halt their “high-grade uranium enrichment, export its stocks of material enriched higher than 3.5 percent grade and shut down production at the Fordo nuclear plant near Qom.”
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Debka adds that, after the meeting with his US counterpart, Defense Minister Barak spoke with Secretary of State Hillary Clinton and National Security Adviser Tom Donilon over the ongoing Iran issue but was unable to have either member of the Obama administration aid in Israel’s plea to sanction Iran.
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Previously, President Obama has gone on the record to say that he stands by America’s alliance with Israel and told The Atlantic earlier this year, “I think that the Israeli government recognizes that, as president of the United States, I don’t bluff.”
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“I also don’t, as a matter of sound policy, go around advertising exactly what our intentions are. But (both) governments recognize that when the United States says it is unacceptable for Iran to have a nuclear weapon, we mean what we say,” added Obama.
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President Obama and Israel Prime Minister Benjamin Netanyahu met in Washington back in March during the annual American Israel Public Affairs Committee (AIPAC) conference, where the Iran issue was a major topic of discussion. Despite urging from overseas, however, the White House yet refused to formally side with any military strikes on Iran.

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.
- The 13th Tribe of Khazaria! Ashkenazi Khazars Are Not The Jews of The Bible!
If almost 98% of JEWS we know today are NOT semitic, wouldn’t the term ANTI-SEMITIC be null and void? I made this video with 3 Jewish friends who admit they are not Semites!!!!
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“Many [modern-day Jews] of whom have clamored to go back [to Palestine] NEVER had antecedents [physical ancestors] in that part of the world …. The OVERWHELMING majority of Jews are descendants from the converts of Khazaria and elsewhere who ADOPTED Judaism…. This VIEW of the NON-ethnicity of the largest portion of Jewry IS SUSTAINED by such prominent anthropologists as Ripley, Weissenberg, Hertz, Boas, Pittard, Fishberg, Mead and others. . “
- Dr. Alfred M. Lilienthal
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“… Though many Jews are NOT of Semitic origin, we are the religious, spiritual, and national [but NOT genetic] descendants of those who first formed the early foundations of Judaism who were Semites”
- Rabbi Cyril A. Stanway in “Viewpoints,” Thursday, November 8, 1990, in the Sun-News (Las Cruces, New Mexico)
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“. . these Eastern European, Yiddish-speaking Jews who form the Zionist group practically in toto [almost entirely], have NEITHER a geographic, historic NOR ethnic connection with either the Jews [Israelite Judahites] of the Old Testament OR the land known today as Palestine. “
- Jewish Dr. Benjamin H. Freedman, published by the National Economic Council, Inc. as “Council Letter No. 177 (October 15, 1947)
- - 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!
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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.
- - 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”. – “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 !!!
- - See also:
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History of The “Six Million” Myth!
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 !
The Hidden History of Jewish Bolshevism & Freemasonry! How Masonic Wall Street Banksters Financed The Communist Revolution Which Killed Over 100 Million People!
Mark Weber: Wilhelm Höttl And The Elusive ‘Six Million’! Part 2 – How Many Jews Died?
Ashkenazi Khazars (90+% of modern Jewry) are not the Jews of the Bible!
Benjamin Freedman: Ashkenazi Khazars Self Style “Jews” Are Not Semitic And Not The Biological Descendents of The 12 Tribes of Israel !
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!
Texe Marrs: Conspiracy of The 6 Pointed Star!
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.
The Historical Truth About Auschwitz!
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!
Flashback 1990: Holocaust Expert Rejects Charge That Nazis Made Soap From Jews!
“ … it turns out the creation of Israel had not, after all, been a haphazard fight in which the Arabs fled their homes at the directives of their own leaders, but it had been an unprovoked, systematic campaign of ethnic cleansing by the Jewish militia involving massacres, terrorism and the wholesale looting of an entire nation.” - from 4:22 onwards
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Leon Panetta: Pentagon ‘Prepared’ To Attack Iran!
- Illuminist puppet lap dog Leon Panetta is pushing the Illuminist agenda. They want to start their Satanic World War 3, Greater Middle East War with an attack on Iran! All the talk about Iran being a nuclear threat is BS! Iran does not have any nuclear bombs nor a nuclear weapons program. Their leaders have publicly and repeatedly denounced nuclear weapons as against their religion Islam and will not seek it! If they are really keen on solving nuclear weapons proliferation why don’t they go after India, Pakistan and Zionist ’666′ Israel? Countries proven to have nuclear bombs and have refused to sign the NPT!
- - This is about the coming global economic, financial and currency meltdown. It is about the western Illuminati going to war to maintain their global currency (petrodollar) hegemony. It is about creating a distraction, a false pretext with which they can blame the problems on. It is about using a World War for the mass culling of the sheeple (the Illuminists’ enemy). It is about destroying the current order/system to set the stage for the coming fake messiah, the bringer of false peace, the Anti-Christ, the white horseman of Revelation 6!
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Revelation 6:1-4 New King James Version (NKJV)
First Seal: The Conqueror
1 Now I saw when the Lamb opened one of the seals;[a] and I heard one of the four living creatures saying with a voice like thunder, “Come and see.” 2 And I looked, and behold, a white horse. He who sat on it had a bow; and a crown was given to him, and he went out conquering and to conquer.
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Second Seal: Conflict on Earth
3 When He opened the second seal, I heard the second living creature saying, “Come and see.”[b] 4 Another horse, fiery red, went out. And it was granted to the one who sat on it to take peace from the earth, and that people should kill one another; and there was given to him a great sword.
- - Revelation 6 gives us the chronology of the final 7 years of this age! It opens with the image of the white horseman, a conqueror with a bow but no arrows given to him. This is the image of the Anti-Christ, the fake messiah out to conquer the world with peace! The next red horseman is war, so this also confirms that the white horseman is a conqueror using peace. The white horseman ‘went out conquering and to conquer‘ with peace. This implies that when the Anti-Christ appears, the world will be in a period of global wars! IMO, we are about to enter this period of global wars!
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Pentagon ‘prepared’ to attack Iran – Panetta!
by http://www.rt.com/
Leon Panetta has stated that the US is ready to do everything it can to prevent Iran from developing a nuclear weapon. The American envoy to Israel earlier said that the military option is “fully available” and the necessary planning has been done.
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“We will do everything we can to prevent them from developing a weapon,” Panetta told ABC News. Panetta thus confirmed US Ambassador Dan Shapiro’s comments on Israel’s Army Radio on May 17, that Washington has a military contingency plan in case “diplomatic talks” fail to “pressure” Iran successfully. Shapiro said the option is not only “fully available”, but “ready.”
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Now, a week on, Panetta said US officials “have plans to be able to implement any contingency we have to in order to defend ourselves.” However, Panetta said that the US still hopes that the conflict over Iran’s nuclear ambitions can be “resolved diplomatically.”
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Israel is the only country insisting on using military force to pressure Iran away from a suspected atomic weapon. Tel Aviv reaffirmed its position on May 23, the first day of a new round of talks between the P5+1 group and Iran. Defense Minister Ehud Barak said the negotiations only let Iran to buy time and get in the way of Washington and Tel Aviv.
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The next day, even before the negotiations were officially ended, Israeli leadership backtracked on a promise not to attack Iran before America’s November presidential election.
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Meanwhile, IAEA suspicions towards Iran remain unresolved. Straight after the two days of negotiations in Baghdad, the IAEA suspected that Iran had raised its enrichment threshold slightly closer to weapons-grade level. The reason for such accusations was traces of uranium enriched up to 27 per cent reportedly found at the Fordo plant. However, Iran responded that the find was a technical glitch. Ali Asghar Soltanieh, Tehran’s envoy to the IAEA, said the finding’s been blown out of proportion for political reasons.
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Iran’s nuclear chief Fereidoun Abbasi said on Sunday that there was no need to halt production of uranium enriched to 20 per cent, as Iran produces “only as much 20 per cent material” as it needs. The statement came in response to the group of six’s demands that Iran suspend 20 per cent enrichment in exchange for a US-supported package that would include radioactive material and spare civilian plane parts. But Tehran said they offered too little in return.
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Abbasi also touched upon a possible visit to the Parchin military site by IAEA observers, saying it would not come any time soon. “We haven’t been convinced yet. No reasons and documents have been presented to enable us to arrange a visit to Parchin, which is a military site,” he was quoted by ISNA as saying.

Why is genocidal madman Netanyahu screaming for war with Iran? It is all about the global petrodollar hegemony!

What is all the BS about Iran being a nuclear threat? It is pure propaganda and outright lies by the Zionists!
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When The Derivatives Market Crashes (And It Will) U.S. Taxpayers Will Be On The Hook!
- My American friends: open your eyes to see who is screwing you, your country, your children … children’s children! They are Illuminist Masonic Wall Street banksters and their Illuminist politician puppets! (emphasis mine)
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When The Derivatives Market Crashes (And It Will) U.S. Taxpayers Will Be On The Hook!
by http://theeconomiccollapseblog.com/
Warren Buffett once said that derivatives are “financial weapons of mass destruction”, and that statement is more true today than it ever has been before. Recently, JP Morgan made national headlines when it announced that it was going to take a 2 billion dollar loss from derivatives trades gone bad. Well, it turns out that JP Morgan did not tell us the whole truth. As you will see later in this article, most analysts are estimating that the losses will eventually be far larger than 2 billion dollars.
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But no matter how bad things get for JP Morgan, it will not be allowed to fail. JP Morgan is the largest bank in the United States, so it is essentially the “granddaddy” of the too big to fail banks. If JP Morgan gets to the point where it is about to collapse, the U.S. government and the Federal Reserve will rush in to save it. Because of this “security blanket”, banks such as JP Morgan feel free to take outrageous risks. Today, JP Morgan has more exposure to derivatives than anyone else in the world. If they win, they win big. If they lose, U.S. taxpayers will be on the hook. Not only that, but thanks to Dodd-Frank, U.S. taxpayers are on the hook for bailing out the major derivatives clearinghouses if there is ever a major derivatives crisis. So when the derivatives market crashes (and it will) you and I will be left holding a gigantic bill.
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Derivatives almost caused the complete collapse of insurance giant AIG back in 2008. But instead of learning our lessons, the derivatives bubble has gotten even larger since that time. A Bloomberg article that was published last year contained a great quote from Mark Mobius about derivatives….
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Mark Mobius, executive chairman of Templeton Asset Management’s emerging markets group, said another financial crisis is inevitable because the causes of the previous one haven’t been resolved.
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“There is definitely going to be another financial crisis around the corner because we haven’t solved any of the things that caused the previous crisis,” Mobius said at the Foreign Correspondents’ Club of Japan in Tokyo today in response to a question about price swings. “Are the derivatives regulated? No. Are you still getting growth in derivatives? Yes.”
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Never in the history of the world have we ever seen anything like this derivatives bubble. But instead of getting it under control, we just allowed it to get bigger and bigger and bigger.
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read more!
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Signs of Panic Spreading as Europeans Face Inevitability of Collapse!
- Brace yourself! Stock up on food (3-6 months supply?). Abandon paper assets. Accumulate physical gold and silver. Hold as little fiat currency in the bank as possible. Make sure you have more cash in your wallet. You do not want to be caught in the event of a bank holiday ie. nobody can withdraw cash! Financial Armageddon dead ahead ! The west is heading towards riots, social collapse, violence, hyperinflation … and even civil war (America in particular)!
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Signs of Panic Spreading as Europeans Face Inevitability of Collapse!
by http://larouchepac.com/
May 28 (LPAC)—As the frontline Spanish situation was imploding over the past 24 hours, the following indications of panic, and the dimensions of the crisis surfaced.
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* British Prime Minister David Cameron held an emergency meeting today at 10 Downing Street, including head of the Bank of England, Chancellor of the Exchequer Osborne, FSA chairman Lord Turner and a number of others. The Daily Telegraph story says it’s to discuss “contingency plans” for the Eurozone collapse.
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* Yesterday, on Meet the Press, CNBC wildman Jim Cramer ranted against imminent catastrophe as a result of the European crisis, predicting “financial anarchy” and “bank runs” in Spain and Europe. Of course, the latter are aleady going on.
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* Most perceptive is a column which appears in the Huffington Post by Simon Johnson (a former IMF economist) and Peter Boone, under the title “The End of the Euro: A Survivor’s Guide.” The title is misleading, as no solution is offered, but the long article is a fairly well-documented elaboration of how the “Greek exit” will inevitably lead toward chaos, detailing a much fuller extent of its debts, including the whole Target2 payments system which puts billions in bad debt on the books of the German banks.
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Johnson figures Greece leaving the euro will mean default on EU121 billion of official creditor debt, EU27 billion to the IMF, then EU155 billion owed to the euro system, of which EU110 are through the Target2 system. So, he says, “between Target2 and direct bond purchases alone, the euro system claims on troubled periphery countries are now approximately EU1.1 trillion (this is our estimate based on available official data). This amounts to over 200% of the (broadly defined) capital of the euro system.” They also amount to about 43% of the German GDP.
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Later in the article, Johnson and Boone spin out the way this bankruptcy collapse might affect the “global financial markets” in a way much worse than 2008. European government will face insolvency — and if you look at the euro-denominated derivative contracts outstanding, they amount to a $185 trillion market, and this will lead to massive turmoil. Note that they are talking only about an estimate of the euro-denominated derivatives—and in all cases, these are estimates undoubtedly being incomplete.
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Johnson and Boone don’t go all the way, in terms of how this will blow up this side of the Atlantic as well, but they see the chaos coming, need for an orderly plan. However, despite their denunciations of all fantasies and “bedtime stories” at the conclusion of the article, they fail to mention the one solution that will work: the immediate and ruthless application of a strict Glass-Steagall.
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Now, It’s Italy’s Turn As Spain Continues To Break All Records!
- The contagion is spreading like wildfire amongst the PIIGS. How long do you think this will last? My guestimate is: in Aug-Oct 2012 the detonations will start, the fuse is already lit. The Eurozone will implode triggering a massive global economic, financial and currency meltdown. This is the Illuminist plan to drive the world to their Luciferian New World Order, World Government, One World Currency, Global Supra-National Central Bank –> ’666′! Their Satanic methodology: Order Out of Chaos!
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Now, It’s Italy’s Turn As Spain Continues To Break All Records!
by Tyler Durden, http://www.zerohedge.com/
… Spain’s 10 year just hit a record 6.72%, a spike of nearly 30 bps on the day, and just shy of the apocalyptic 7.00%, at which point everyone will quietly move to the bomb shelter (and JPM is not helping things, saying the total Spanish bank bailout may hit €350 billion even as the Spanish bailout fund has just €4 billion left in it…), even as the 2 Year rises above 5% for the first time since December 2011 on some rapid curve inversion moves. No: today the market simply had one of those epiphanies where it sat in front of a map, and finally remembered that last year as part of the continental contagion spread that forced the November 30 coordinated global central bank intervention, Italy was at the forefront.
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Sure enough, 2011 is once again becoming 2012. Today’s catalyst was an Italian sale of €5.73 billion in 5 and 10 year bonds, less than the maximum €6.25, where €3.391 billion of the 5 Year was sold at a 5.66% yield, compared to 4.86% on April 27, and the BTC of 1.35 vs 1.34. But the optical killer was the €2.341 billion in 10 Years which priced above 6% for the first time in a long while, coming at 6.03% compared to 5.84% in April, and a dropping BTC of 1.40 compared to 1.48 before. The result is a blow out in the entire Italian curve, with the 10 Year point widening by 28 bps, and sending Italian CDS wider by 21 bps to 543 bps. In other words: welcome to the party Italy. You have been missed. Some perspectives on the first of many ugly Italian bond auctions:
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MICHAEL LEISTER, RATE STRATEGIST, DZ BANK, FRANKFURT
“Those figures are really unconvincing. The 10-year benchmark has been issued (at a price) below secondary levels and the bid/cover for the new bond doesn’t look too strong. All these on the back of quite a concession into the auction.
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“The auction doesn’t provide any arguments to become bullish on peripherals again. We’re seeing Italy being taken hostage by the Spanish concerns. The market does not discriminate anymore, it is either ‘risk on’ or ‘risk off’, you either buy periphery as a whole or you sell it. “The market isn’t happy with this auction.”
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read more!
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