Socio-Economics History Blog

Socio-Economics & History Commentary

Chuck Missler – Days of Noah, Nephilims & UFOs

  • The current worldwide phenomenon of UFOs and Alien Abduction is drawing more and more attention. MSM talk shows like Larry King has also covered in some detail some UFO sightings and encounters last year. The MSM seems to be ratcheting up the reporting of such things. What was totally derided previously is given more credibility now.
     
  • What does the Bible have to say about this? You mean the bible has an opinion on this? The simple answer is Yes ! The bible is a historical document whose accuracy is without equal. What we describe as UFOs and Alien Abductions do have a parallel in the Book of Genesis Chapter 6 :
     
    1 Now it came to pass, when men began to multiply on the face of the earth, and daughters were born to them, 2 that the sons of God saw the daughters of men, that they were beautiful; and they took wives for themselves of all whom they chose.
    3 And the LORD said, “My Spirit shall not strive with man forever, for he is indeed flesh; yet his days shall be one hundred and twenty years.” 4 There were giants on the earth in those days, and also afterward, when the sons of God came in to the daughters of men and they bore children to them. Those were the mighty men who were of old, men of renown. 
       
  • Jesus said that the End Times just before Armageddon and his 2nd coming will be very much like the Days of Noah. Are we in fact in this period of time?
     
  • Chuck Missler, renown preacher of God’s Word, of Koinonia House Online, gives an excellent exposition of the Genesis 6 passage. Most interestingly he also gives a scientific and historical perspective to the entire phenomenon.
     
  • Are these creatures a figment of imagination, or are they really the age old demons disguised as Aliens? Why do UFOs seem to materialize and de-materialize so suddenly? Isn’t this much like angelic beings appearing and disappearing suddenly? Are UFOs really from a distant star system or are they from another dimension? The Heavenly dimension perhaps?? It will surprise many that this phenomenon has been seen and experienced by many throughout history.
     

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January 31, 2009 Posted by | EndTimes, History, Social Trends | , , | 29 Comments

Israelis who Refuse to Serve in the Military – American Jews Protest !

Israelis who Refuse to Serve in the Military
American Jews shutdown Israeli Consulate

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January 30, 2009 Posted by | GeoPolitics | , , , , | 25 Comments

What’s not to Like about Gold ?

Money Supply Explosion !
Vodpod videos no longer available.
  • The above Glenn Beck video illustrates clearly what kind of terrifying deep shit hole we are all in. The FedRes has undoubtedly outdone themselves and the entire world too. No right minded individual who understands economics can remain positive. Printing so much money out of thin air means : Currency Devaluation !
     
  • I find it hard to believe that the FedRes is not out to debase the currency. It is grossly overvalued. In other words, the real intention of the FedRes is to devalue the USD and inflate away the government debts, banksters’ debts and all American debts I suppose.
     
  • What this means is: massive hyperinflation will kick in. How does this voodoo economic magic work? Imagine you owe US$10 T  and your current asset is worth only US$250B. When hyperinflation kicks in, prices will rise astronomically but your debts are still US$10T. Eventually your asset will rise in price say to US$10T . Hey presto! You are now solvent. Of course I am simplifying this a bit. But it is essentially true.
     
  • When hyperinflation kicks in, your salary say US$100K/year will become US$1T/year rapidly. So servicing a debt of US$10T is less of a problem.
     
  • Of course what this means is : the USD will become worthless! A loaf of bread will cost US$1B. And the price of Gold will soar. Gold is money! Gold is currency anywhere in the world !
     
  • We now have people coming out and saying the bank bailout will cost up to US$ 4T. Really? A figure of US$40T is more believable looking at all the derivatives exposure (US$512T derivatives market). Anyway, CNBC says in Bank Bailout Could Cost Up to $4 Trillion: Economists :
      
    The cost of restoring confidence in U.S. financial firms may reach $4 trillion if President Barack Obama moves ahead with a “bad bank” that buys up souring assets.
     
    The figure far exceeds even the most pessimistic estimates of how great the loan losses might be because there is so much uncertainty about default rates, which means the government may need to take on a bigger chunk of bank debt to ease concerns.
      ……
    Goldman Sachs estimated that it would take on the order of $4 trillion to buy troubled mortgage and consumer debt. That number could shrink if the program were limited to only certain loans or banks, but it could also grow if other asset classes such as commercial real estate loans were included.
     
    New York Sen. Charles Schumer has said that a number of experts thought that up to $4 trillion may be needed to buy the bad assets, an estimate that a Senate aide said was based on informal conversations with people in the industry. The Wall Street Journal said government officials had discussed spending $1 trillion to $2 trillion to help restore banks to health, citing people familiar with the matter. At $4 trillion, that would be the equivalent of nearly 1/3 of U.S. gross domestic product. If the government had to fund that amount by issuing additional debt, it would intensify investor concerns about massive supply scaring off demand.

       
  • Americans are going to have US$4T of debt shove down their throats. That does not include the stimulus plan of US$825 B and ….whatever. It is about 40% of GDP. Are they out of their freaking mind?? Hyper inflating away the debts does not look so dumb right? If all of us each earn US$1T/year, US$4T does not look like a large figure.
     
  • Larry Edelson writes in Exploding Gold Demand as Governments Print Money :
     
    The U.S. banking system is toast. It’s bankrupt in every sense of the word and in every number you can imagine.Don’t kid yourself. Citibank, Bank of America, Washington Mutual, you name the bank — are broke. Insolvent! The entire U.S. banking system — dead broke.That’s why authorities in Washington are panicking, creating money out of thin air. Mind you, it’s the only thing they can do!
     
    But be aware of the consequences: Eventually, the purchasing power of the dollar — indeed all currencies — is going to fall dramatically. Even more so because …
     
    The U.S. Government is also broke. I’m constantly amazed at how so few people … so few analysts ask the question, “Where is all the money going to come from to bail out the banking system and the economy?” Simple — Washington and the Federal Reserve can create UNLIMITED amounts of money and credit. But again, think of the implications of creating more debt to pay off existing debt … printing more paper money to circulate in the economy … spending trillions of previously non-existent dollars to try and stimulate the economy.
     
    Then printing still trillions more to save the banking system … to pay off eventual Social Security obligations as they come due … to pay Medicare liabilities … to fund failing pensions … and more. Either way — compared to an asset whose supply is strictly limited, like gold — the value of current money must and will decline. There’s no question about it.
      …..
    The giant government bond market is now also collapsing. In just the past six weeks, the prices of long-term U.S. Treasury bonds have plunged more than 12 full points — wiping out almost six years of interest income for investors holding bonds. Why? Because investors who panicked and flocked to the relative safety of long-term government bonds are now beginning to realize that bonds are about the worst investment one can make right now — for all the reasons I just cited. 
      ….
    Gold has now closed above the important $879 level. Its next important level is $929. Once gold closes above $929 — new record highs will be forthcoming. Now I ask you again, “What’s not to like about gold?!” 

     
  • So what’s not to like about Gold? The safe haven and real money for thousands of years! Greenlight Founder Takes Grandfather’s Advice on Gold
     
    Greenlight Capital Inc. founder David Einhorn is finally taking his grandfather’s advice. The $5.1 billion hedge fund is buying gold for the first time amid the threat of inflation from increased government spending.
     
    Since Einhorn was 10 years old, his grandfather has warned him that investing in bullion and gold-mining stocks was the only “sensible” thing to do given the threat of inflation and the risks of so-called fiat currencies, New York-based Greenlight said in a Jan. 20 letter to clients. The firm had never before considered buying bullion or mining-company shares. 
     
  • See also :
     
    Massive US Dollar Devaluation Against Gold During 2009
    Gold Rush Worldwide!
    Obama, Roosevelt, Gold Confiscation and Dollar Devaluation
    Economic Depression and Gold

Disclaimer – I am not a financial advisor. This is not an advice to buy, sell or hold any stocks or bonds or any precious metals.
 
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January 30, 2009 Posted by | Economics | , , , , , , , | 10 Comments

Steve Quayle on Black Ops, UFOs, Nephilims and the Bible

[blip.tv ?posts_id=1705778&dest=-1]

http://watchman42.blip.tv

  • Dr Bill Deagle interviews Steve Quayle – Author, Radio Talk show host, researcher and web master (www.stevequayle.com). Steve Quayle has written a few books about the Nephilims or Giants of Genesis 6 of the Bible. They are thoroughly researched and gives historical documentation on giants all over the earth in ancient times. See his website : Genesis 6 Giants (Nephilims) .
     
  • In this interview Steve Quayle talks about Black Ops whistle blowers who reveal the extent of their knowledge on Giants, UFO technology and gives his Christian perspective on it. Was a 12 feet giant killed in Afghanistan and secretly transported back to America using the C130 Hercules military plane recently? This giant was allegedly weighed at 1250 pounds by the crew and had 6 fingers on each hand. Steve also reveals some pretty interesting stuff about the state of the secret Black Ops technology. Are all these true ? Judge for yourself.
     
  • The bible has some pretty unusual verses that are rather interesting. Genesis 6: 1-4 says :
     
    1 Now it came to pass, when men began to multiply on the face of the earth, and daughters were born to them, 2 that the sons of God saw the daughters of men, that they were beautiful; and they took wives for themselves of all whom they chose.
    3 And the LORD said, “My Spirit shall not strive with man forever, for he is indeed flesh; yet his days shall be one hundred and twenty years.” 4 There were giants on the earth in those days, and also afterward, when the sons of God came in to the daughters of men and they bore children to them. Those were the mighty men who were of old, men of renown. 
     
  • The above verses imply that giants (in the original – Nephilims) are the progeny of the union between fallen angels and women. The actual word is Nephilim, although it is translated as giants here. These Nephilims had the characteristic of gigantic size. The verses say that there were giants both before and after the Genesis flood. These giants were “renown”  ie infamous.
     
  • There is the another view that the sons of God were not angels. But I tend to accept the traditional historical, original old view that they were indeed fallen angels. For more on this issue see : Sons of God, Daughters of Men .
     
  • Verse 2 also seems to suggest that these fallen angels took forcibly or abducted any women they chose to be their wives for the sake of having children. Why do we hear so much about alien abductions nowadays? If you were to read the cases, practically all of them talk about abduction, experiments with sexual organs or sexual insemination and impregnation. In cases of women: production of  ‘Alien Hybrid’ children. Is this so called modern phenomenon really what is being described in Genesis 6 ?
     
  • Many researchers (not necessarily Christians) have come to the conclusion that the ‘Alien Abduction’ phenomenon is the demonology of old. For eg. :
     
    “UFO behaviour is more akin to magic than to physics as we know it … the modern UFOnauts and the demons of past days are probably identical.”
    -Dr. Pierre Guerin, FSR Vol. 25, No. 1, p. 13-14
     
    “The UFO manifestations seem to be, by and large, merely minor variations of the age-old demonological phenomenon…”
    – John A. Keel, UFOs: Operation Trojan Horse, p. 299
     
    “The ‘medical examination’ to which abductees are said to be subjected, often accompanied by sadistic sexual manipulation, is reminiscent of the medieval tales of encounters with demons. It makes no sense in a sophisticated or technical framework: any intelligent being equipped with the scientific marvels that UFOs possess would be in a position to achieve any of these alleged scientific objectives in a shorter time and with fewer risks.”
    – Dr. Jacques Vallee, Confrontations, p. 13
     
    “I wondered if I might not be in the grip of demons, if they were not making me suffer for their own purposes, or simply for their enjoyment.”
    – Whitley Strieber, Transformation, p. 172 

     
  • Other interesting verses in the bible,  Daniel 2:41-43  :
     
    41 Whereas you saw the feet and toes, partly of potter’s clay and partly of iron, the kingdom shall be divided; yet the strength of the iron shall be in it, just as you saw the iron mixed with ceramic clay. 42 And as the toes of the feet were partly of iron and partly of clay, so the kingdom shall be partly strong and partly fragile. 43 As you saw iron mixed with ceramic clay, they will mingle with the seed of men; but they will not adhere to one another, just as iron does not mix with clay.
     
  • The final world empire will be one of ‘clay and iron’. “they will mingle with the seed of men” – this suggests 2 races, 1 quite obviously the seed of men ie humanity. But what is the other race that will mingle with the seed of men? Could it be the serpent seed – the Satanic bloodline? Could all these ‘Alien Hybrids’ be it ?? It seems quite clear to me that we are in the Days of Noah, Matthew 24:37-38 :
     
    37 But as the days of Noah were, so also will the coming of the Son of Man be. 38 For as in the days before the flood, they were eating and drinking, marrying and giving in marriage, until the day that Noah entered the ark, 
       
  • The defining characteristic of the Days of Noah is found in Genesis 6. A worldwide corruption of the human race genetically. No doubt the clear intent is to destroy the human race (and the messianic line in the past). 
     
  • Keep in mind also Revelation 12 : 7-9 ,
     
    7 And war broke out in heaven: Michael and his angels fought with the dragon; and the dragon and his angels fought, 8 but they did not prevail, nor was a place found for them in heaven any longer. 9 So the great dragon was cast out, that serpent of old, called the Devil and Satan, who deceives the whole world; he was cast to the earth, and his angels were cast out with him. 
     
  • We know that Satan and his fallen angels will be cast down to earth. Earth will in fact be their prison. They will not be able to return to heaven as in the past. Could all these Alien UFO sightings be no more than fallen angels being cast out of heaven to earth? The war in heaven, like any war will last some period of time. So in stages all these fallen angels are being defeated and cast out of heaven onto earth. What do you think? We cannot be absolutely certain for now. But I believe, in the near future it will more than likely be proven correct.

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January 30, 2009 Posted by | EndTimes, History | , , | 31 Comments

UK Airforce tried to Shootdown UFOs

  • What exactly are all these UFOs? There have been a marked increased in these sightings worldwide. A large portion may be explainable natural or man made phenomena. But there is still a significant portion that cannot be explained that are reported by credible eyewitnesses.
     
  • The UK has started de-classifying 5-6 decades of UFO reports and is making them gradually available to the public. They can be accessed at : http://www.nationalarchives.gov.uk/ufos/  . Many other countries are also opening up their files to the public (Brazil for example).
     
  • Nick Pope was the former government official in charge of documenting UFO phenomenon. I no longer hold to the view that UFO sightings are by ‘kooks’ or mentally unstable people. Something of extreme significance is happening here. My assessment is that we will hear and see more of this in the future. The answer to what is behind it will be startling.

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January 29, 2009 Posted by | EndTimes, Social Trends | | 2 Comments

World Economy to shrink in 2009 for the 1st time since WW2

  • There should be no doubt in most people mind that the entire world is in a severe downturn. The Daily Telegraph has this to say in Warning over collapse in capital flows  :
      
    The Institute of International Finance, the global organisation of major banks, predicted an almost unprecedented collapse in world economic growth and capital flows.
     
    It became the first major global institution to forecast a full-scale global contraction in 2009, predicting that the economy would shrink by 1.1pc.
     
    IIF chief economist Philip Suttle said: “This is the worst period since the interwar years. The global growth backdrop is very difficult. We foresee a contraction in 2009 in the global economy of over 1pc.”
     
    He also expects rich economies to contract by 2.1pc – the worst peacetime output since the 1930s. Private flows of capital into the emerging world are set nearly to dry up in the next year, the IIF predicted, dropping from $928.6bn in 2007 down to $465.8bn in 2008 and then to $165.3bn the following year.
     
    As a result the current account deficits in emerging Europe will more than treble in the coming year, from $30bn in 2008 to $117bn next year. The forecasts shed light on the likelihood that the current financial crisis transmutes into a severe worldwide recession of the kind that has not been seen since the Second World War. Asia is likely to suffer a worse downturn than during the Asian financial crisis, the report indicated.
     
     
  • The growing concern is rising protectionism. With it we will see a repeat of the circumstances that led to the 1st Great Depression.
     
  • Some analysts are even more pessimistic than me. James Quinn says in U.S. Heading for Japan Style Two Decade Economic Depression :
      
    Every day seems worse than the previous day. Five hundred thousand people are getting laid off every month. Our banking system is on life support. Retailers are going bankrupt in record numbers. The stock market keeps descending. Home prices continue to plummet. Home foreclosures keep mounting. Consumer confidence is at record lows. You would like to close your eyes and make it go away. Not only is the news not going away, it is going to get worse and last longer than most people can comprehend. The Great Depression lasted 11 years, but the more pertinent comparison is Japan from 1990 until today. A two decade long downturn has a high likelihood of occurring in the United States. There are many similarities between the U.S. and Japan, but in many areas the U.S. has a much dire situation. If the next decade resembles the Japanese experience, there will be significant angst and social unrest.
     
    The talking heads on CNBC were almost unanimously predicting a second half recovery for the economy in the 1st week of January. Most of these people manage money and only earn money if dupes invest their hard earned dollars in their funds. Their analytical case for predicting recovery is that it was so bad last year that it has to go higher in 2009. This is what passes for analysis on Wall Street. The market is already down 7% in four weeks. These “experts” fail to see the big picture and have no sense of history. It took 28 years to get to this point and it will take at least a decade to repair the damage. If the politicians running this country try to take the easy way out (very likely), add another decade to the recovery timeframe. Some indisputable facts will put our current predicament in perspective:
     

    • The U.S. National Debt was $930 billion in 1980, or 33% of GDP. Today it is $10.7 trillion, or 76% of GDP. The National Debt has grown by 1,150% in 28 years. With the planned fiscal stimulus (taxing future generations), the National Debt will reach 100% of GDP during the Obama administration. When Argentina’s economy collapsed in 1998, their National Debt as a percentage of GDP was 65%. The Great Deniers say we are not Argentina. They say we are safe because the U.S. dollar is the reserve currency of the world. This is like jumping off a 20 story building and as you pass the 10th floor someone yells out the window asking how you are doing. You answer, “Good, so far”. 
        
        
  • I think this will be worse than the 1st Great Depression but I don’t think it will stretch to 2 decades. Who knows? right?

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January 29, 2009 Posted by | Economics | , , , | Comments Off on World Economy to shrink in 2009 for the 1st time since WW2

Ron Paul on Economy, Bailout and Stimulus

  • Dr Ron Paul, Senator US Congress, explains what is wrong with America’s economy. The stimulus package, government interference will make the recession worse and turn it into a Depression. The government is pouring kerosene on the fire instead of dousing the economic fire.
     
  • Stop the government interference in the economy and let the free market work things out. Lower spending by cutting the military budget and stop running the world empire. Use the money freed up on the domestic economy.
     
  • We should have more regulation on the Federal Reserve…and the Treasury..” The Federal Reserve is the problem. “We are going to have a dollar crisis.“. To continue what America has been doing by borrowing more money, debt financing, and loose monetary policies will make the recession into a depression much worse than the 1929-1939 Great Depression. More of the same policies that got America into this mess is not going to solve the problem.
     

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January 29, 2009 Posted by | Economics | , , , | Comments Off on Ron Paul on Economy, Bailout and Stimulus

The Science and Politics of Cancer

  • This is a video by G Edward Griffin. G. Edward Griffin is a writer and documentary film producer with many titles to his credit. Listed in Who’s Who in America, he is well known for his unique talent for researching difficult topics and presenting them in terms that all can understand. He has dealt with such diversified subjects as the Federal Reserve System, archaeology and ancient earth history, international banking, internal subversion, terrorism, the history of taxation, U.S. foreign policy, the Supreme Court, the United Nations, and the science and politics of cancer.
     
  • Mr. Griffin is a graduate of the University of Michigan where he majored in speech and communications. He is the recipient of the coveted Telly Award for excellence in television production, a Contributing Editor for The New American magazine, the creator of The Reality Zone Audio-Archives, and president of American Media, a publishing and multimedia production company in Southern California. (from World Without Cancer
     
  • He tells the history of cancer research and the politics behind it. Is cancer really incurable? Mr Griffin says that :
     
    – Big Pharma has effectively taken control of all the medical schools in America via endowment funds like Rockefeller and Carnegie.
     
    – Big Pharma has become a business cartel that controls and filters what is taught in medical schools with the hidden agenda of selling more of their drugs.
     
    – When a cancer cure is found that cannot be patented like Laetrile (Vitamin B17), Big Pharma will actively suppress it via its control of the Board of Directors in medical schools. He highlights his experience with Vitamin B17 cure for cancer.
     
    – Such cures are a threat to the business and profits of cancer for Big Pharma. They would rather suppress it than let the cure be approved and known.
     
    – Since it takes about US$20M for an FDA approval of any drug, and medical schools are under the influence of Big Pharma, effectively a cancer cure like Laetrile will never be approved. So the public will never hear about it.
     
    – Big Pharma will also employ propaganda tactics to denounce such cures as quackery. They will discredit all who oppose them since their big profits are being threatened. Big Pharma will only be interested in a cure which they can patent and thus make huge profits.
     
  • He highlights the case of Vitamin B17 approval process, where it was tested with highly positive results and the subsequent documented attempts to suppress it. And who was behind it.
     
  • Is the current orthodox treatment of cancer effective? How does it compare with no treatment at all? You will be surprised with the answer. Statistically, orthodox treatment does not seem to be any better than no treatment (the video concludes).
     
  • The Story of Vitamin B17 :
      
    G. Edward Griffin marshals the evidence that cancer is a deficiency disease-like scurvy or pellagra-aggravated by the lack of an essential food compound in modern man’s diet. That substance is vitamin B17. In its purified form developed for cancer therapy, it is known as Laetrile. This story is not approved by orthodox medicine. The FDA, the AMA, and The American Cancer Society have labeled it fraud and quackery. Yet the evidence is clear that here, at last, is the final answer to the cancer riddle. Why has orthodox medicine waged war against this non-drug approach?
     
    The author contends that the answer is to be found, not in science, but in politics-and is based upon the hidden economic and power agenda of those who dominate the medical establishment. With billions of dollars spent each year on research, with other billions taken in on the sale of cancer-related drugs, and with fund-raising at an all-time high, there are now more people making a living from cancer than dying from it. If the solution should be found in a simple vitamin, this gigantic industry could be wiped out overnight. The result is that the politics of cancer therapy is more complicated than the science.

     
  • See also :
     
    World Without Cancer – The Story of Vitamin B17
    Vitamin B17 Cancer Treatment ?
    Promising Cancer Cure – DCA ! 
     

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January 29, 2009 Posted by | Medicine & Health | | 7 Comments

CBS 60 minutes – Exposing Apartheid !

  • Is this just ? Does Israel really want peace with the Palestinians? Or do they want to drive out all Palestinians by oppression? Draw your own conclusions ! The Bible does not support oppression !
       
    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 19:34
    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 G_d.
     
    Deuteronomy 10:19
    Therefore love the stranger, for you were strangers in the land of Egypt.

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January 28, 2009 Posted by | GeoPolitics | , , , | 15 Comments

Economic Depression and Gold

  • We are undoubtedly in a Depression. The MSM is coming round to that now. What most people still do not realize is that it will not be better than the 1st Great Depression. It will definitely be a lot worse.
     
  • Banks in America and EU are largely bankrupt. We have seen 2nd bailouts for countries like, US, UK, Germany, Denmark and many more countries to come. Are there any doubts that US and UK are bankrupt ? Both countries are facing massive collapse which the MSM is trying to hide or are putting a positive spin to it. No one knows how much more money the banksters need to bailout their failed banks! The exposure of the Top 3 banks to derivatives are as follows :
     
    Bank of America      – US$ 38 T
    CitiBank                  – US$ 40 T
    JP Morgan               – US$ 91 T
     
    Total derivatives exposure is : US$169 T
    Their combined assets are : US$6 T .
        
  • By any reasonable fair accounting standard, mark to market means that they are all insolvent. These derivatives are no doubt difficult to value in the current market conditions. But to say that fair value is < 50% of book value would not be unreasonable. In fact some would argue that there is hardly any market value for them as there is no market for most of these derivatives at the moment.
     
  • Taking just a 50% haircut, they will need additional capital of about US$ 80 T . This is way more than the entire world’s GDP of US$ 50-60T. So will the 2nd, 3rd, 4th… bailouts be successful? There is not enough money in the world to bail them out. The fact of the matter is : the banksters are going to bankrupt US, UK and Western Europe and possibly even Japan.
     
  • Martin Weiss writes in Warning: Mega-banks Could Fail Despite Federal Bailouts  :
      
    Shares in failed banks are worth zero, and that’s where Bank of America’s are headed. Citigroup’s are already close, making it almost impossible for the company to raise capital from investors. In light of these facts, how can the government save America’s megabanks?
     
    Wall Street is hoping that the Obama administration will create a separate , government-run “bad bank” to take bad assets off their hands. And some pundits are even proposing that the U.S. government nationalize the big banks in trouble. But …

    Neither approach addresses the obvious reason our nation’s banks are in the ICU to begin with: Excess debts and risk-taking. In fact, these “solutions” would merely pile on more of the same . Meanwhile …
     
    Both approaches spread and transform the contagion from a Wall Street debt crisis into a Washington debt crisis, as the federal deficit explodes to as much as $2 trillion in fiscal 2009.   

Washington Will Ultimately Lose This Epic Battle!
No matter what the government does, it cannot patch back together the busted market for mortgages, derivatives and especially credit default swaps.  It cannot stop a pandemic of loan losses among large AND small banks as the economy sinks and traditional bank lending goes bad.
 
It cannot stop the contagion of falling confidence, fear and panic. It cannot outlaw gravity or stop investors from selling. Nor can it turn back the clock and reverse years of financial sins. So don’t count on Uncle Sam to save your bank, your business, or the economy.
 

  • Unemployment is skyrocketing worldwide. Caterpilla just announced a 20,000 lay off exercise. Ambrose Evans-Pritchard reports in Bad news: we’re back to 1931. Good news: it’s not 1933 yet :
      
    Barack Obama inherits an economy already contracting at an annual rate of 6pc, much like the mid-Depression year of 1931 (-6.4pc). This may beat Germany (-7pc) Japan (-12pc) and Korea (-22pc) over the fourth quarter. But that merely underlines the dangers ahead as the collapse of global trade chokes the mini-boom in US exports, setting off another stage of the crisis.
     
    The US is losing 500,000 jobs a month. Brazil lost 650,000 in December. Beijing says 10m Chinese have lost their jobs since the crunch began. Japan’s exports fell 35pc last month, year-on-year. The central bank is printing money furiously, buying bonds to prevent a relapse into deflation.
     
    So yes, it is like early 1931. Citigroup and Bank of America have more or less disintegrated. JP Morgan’s health is failing fast. General Motors and Chrysler survive only on life-support from the US taxpayer.
     
    But it is not yet like 1933. That second leg down was the result of “liquidation” policies by a Dickensian leadership blind to the dangers of debt deflation. By then the Gold Standard had degenerated into an instrument of torture. It forced the Fed to raise rates from 1.5pc to 3.5pc in October 1931 to stem gold loss, with predictable results for shattered banks.
     
    It is worth glancing at the front page of New York Timeson Monday March 6, 1933 to see what the world looked like three days after Franklin Roosevelt moved into the White House. The newspaper splashed with the story that FDR had closed the US banking system – invoking the Trading with Enemies Act – and ordered the confiscation of private gold. From left to right, the headlines read: “Hitler Bloc Wins A Reich Majority, Rules Prussia”; “Japanese Push On In Fierce Fighting, China Closes Wall, Nanking Admits Defeat”; “City Scrip To Replace Currency”; “President Takes Steps Under Sweeping Law of War Time”; “Prison For Gold Hoarders”. 

     
  • The ponzi fractional reserve banking system is close to collapse in America and UK. We will undoubtedly see another major leg down when people come to realize that there is no way out. The banksters have defrauded America and the bill has been shove down their throats.
     
  • The British Sterling Pound has been under onslaught for the past few weeks. It has collapsed spectacularly. Jim Rogers said to sell anything sterling and get out. I agree. What you must also realize is : the USD is headed the same way too. With it the entire Western world’s currencies including Japan’s. The threat is a worldwide competitive devaluation. All efforts to re-inflate have thus far failed! Will we see protectionism again ala 1929-1939 ?
     
  • One thing for sure: Gold is increasingly look upon with favour. It has tested US$900/ounce and looks like trending higher. Christopher Laird in Deteriorating World Economy Leading to Currency Instability and Strong Gold  :
     
    If a trade war develops and there are competitive currency devaluations (each country lowering its currency to try to stimulate exports) then you can guarantee that gold will rise inexorably. Gold will then detach from its commodity correlations, and become primarily driven by currency developments around the world. This is already starting to occur.
     
    With the trouble the British Pound, the Ruble, the Euro, the Korean Won, and the USD are facing, and then add this pending competitive currency devaluation, gold will be the final measure of the whole situation. It will rise relentlessly in all of these currencies.
     
    Now, gold is already near new highs to the Pound and the Euro. It’s not at a new high to the USD as of yet because the USD has risen so much since April of 2008, from about 70 on the USDX (basket of currencies heavily Euro weighted) to around 85 now. But gold will rise to new highs in the USD too, and we believe likely this year. 

     
  • Paper currency is rapidly losing value. Worldwide the electronic fiat money printing presses are working 3 shifts every day to reflate the economy. I may be wrong but how can Gold not go higher ?

Disclaimer – I am not a financial advisor. This is not an advice to buy, sell or hold any stocks or bonds or any precious metals.
 
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January 28, 2009 Posted by | Economics | , , , , , , , | 2 Comments

America: From Freedom to Fascism

  • This video by Aaron Russo traces the history of how America’s freedom was hijacked by powerful banksters. The year was 1913, powerful bankers like : JP Morgan, Paul Warburg and John D Rockefeller finally achieved their long term goal of a central bank for America : Federal Reserve Bank and the IRS personal income tax Act.
     
  • Since then America has been controlled by banksters who are the secret shadow government. Is the IRS personal income tax constitutional? Is there a law that says the American people must pay income tax. In a recent court case (2003), US District Court Judge James C. Cox stated :
     
    “If you …. examined [the 16th Amendment] carefully you would find a sufficient number of states never ratified that amendment.”
     
  • The Federal Reserve Bank is no more Federal than Federal Express. The fact is the Federal Reserve is a private corporation owned by banksters. It serves the interest of its shareholders: the banksters and not the American people. Quote :
      
    “I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls Britain’s money supply controls the British Empire, and I control the British money supply.” – Nathan Mayer Rothschild 1777-1836
      
  • This banking cartel exerts profound influence on the military industrial complex. War is highly profitable for bankers. They can finance both sides in a conflict and bankrupt a nation. Thus taking control of countries.
     
  • Why is it America has a major war every decade all over the world? Why does America maintain a huge war machine with around 750 military bases worldwide? They are not to serve American interest. They are to serve the interest of the bankster shadow government. Nothing more than a military enforcement arm of these private corporate interests. The coming Anti-Christ, the Beast is a military dictator, Revelation 13 ,
     
    4 So they worshiped the dragon who gave authority to the beast; and they worshiped the beast, saying, “Who is like the beast? Who is able to make war with him?”
       
  • The banksters are remaking the world into – New World Order, a 1 World Fascist Government system that will bow to them. Micro-chipping of citizens worldwide is planned. This should come as no surprise to Christians who understand the prophecy of ‘666’, Revelation 13 :
     
    16 He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, 17 and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name. 18 Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666. 
      
  • We are undoubtedly in the End Times. How long more before this Satanic Illuminati Cabal take over the world? Their coming world military dictator the Anti-Christ will kill all who will not worship him, Revelation 13 :
     
    15 He was granted power to give breath to the image of the beast, that the image of the beast should both speak and cause as many as would not worship the image of the beast to be killed. 
     
  • For the military industrial complex see :
     
    America – Why do We Fight ?

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January 28, 2009 Posted by | EndTimes, GeoPolitics | , , , | 21 Comments

Gaza 2009 – We will never Forget !

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

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January 28, 2009 Posted by | EndTimes, GeoPolitics | , , , , | 16 Comments

Exposing the Illuminati from Within

  • Just who exactly is the Satanic Illuminati? Where did they originate from? What are their religious philosophy and methods ? What has the illuminati, FreeMasons, Nimrod, Knights Templar… got to do with the New World Order ?
     
  • This is a video lecture by an Ex Satanist Illuminati. Bill Schnoebelen was a Satanic and Voodoo High Priest, 2nd degree Church of Satan, New Age guru, occultist, spirit channeler, 90th degree Mason, Knight Templar and a member of the Illuminati.
     
  • In June 1984 Bill Schnoebelen turned away from the Illuminati by the power of God unto the Gospel of Jesus Christ. Since 1986 he has been serving as a preacher of God and helping those who were harmed by the illuminati.
     
  • Bill goes thru the entire history of the Illuminati starting as far back as Nimrod and the Towel of Babel. He traces how the various organizations of the illuminati evolved and operates. Bill shows how the conspiracy works, how it uses the Lodge, the highest echelons of power and technology from secret “black project” operations to form a world government.
      
     
  • Listen to this insider on what is really going on. See also :
     
    http://www.prophecyclub.com
    Khazar Empire, Illuminati and New World Order

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January 27, 2009 Posted by | GeoPolitics, History | , , | 16 Comments

Lindsey Williams – 22 Jan 2009 Update

Part   3      ,    Part   4     
  • Pastor Lindsey Williams on Jeff Rense show on 22 Jan 2009. He gives us his latest update on what is about to happen. Snippets :
     
    – America going into Depression and will take years to recover.
    – Planned bankruptcy of ME oil powers by the suppression of oil prices at or below US$50/barrel.
    – Behemoth Bakken Oil field find in North Dakota
    – USD will collapse.
    – Banking cartel machinations – planned financial collapse.
     
  • See also :
     
    Lindsey Williams – Next 12 months Update
    Lindsey Williams – The Next 12 Months

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January 26, 2009 Posted by | Economics, GeoPolitics | , , , , | 3 Comments

Vitamin B17 Cancer Treatment ?

Part   5       ,    Part   6    

“The history of science is the history of struggle against entrenched error.”

  • This video presents the view that cancer is caused largely by a nutritional deficiency of Vitamin B17. This is of course not the accepted medical profession main stream view and is not supported by the FDA.
     
  • Big Pharma has too much invested in cancer in terms of profits. I have my doubts that Big Pharma and the ruling medical PTB want to find a cure for cancer. Too much money is involved. As the video says “The science of cancer therapy is not nearly as complicated as the politics of cancer!” .
     
  • Video gives the historical perspective of innovative treatments that were rejected by the main stream establishment for many decades/centuries even though they were known to be effective. History of diseases highlighted : scurvy and pellagra.
     
  • Video explains how and why Vitamin B17 works. The mechanism behind it is interesting. It also gives some holistic reasons why cancer seems to be more prevalent now than in the past.
     
  • This is a very interesting alternative treatment. It also highlights the success past cancer patients have had with the B17 treatment. Vitamin B17 : Cure for Cancer ? :
     
    Vitamin B17 contains cyanide that is locked inside of a chemical compound, making it completely harmless under normal circumstances. However, when the vitamin compound comes into contact with cancer cells, an unlocking enzyme releases the cyanide, which then works to destroy the cancer cells.
     
    A number of lab tests have proven the destructive effect of vitamin B17 on cancer cells, but this information, along with the actual vitamin therapy, has been suppressed by the government-run medical establishment. In fact, the FDA prohibits doctors from even talking about vitamin therapy with their cancer patients, and if they disobey — as many have — they are stripped of their medical licenses. As a result, each year, thousands of Americans travel to Mexico and Germany to receive therapy. Most of them resort to vitamin therapy as a last-ditch effort — only after they are given up as hopeless by conventional medicine, and yet an astounding number of them go on to live far beyond expectations.
     
    Why, then, is vitamin B17 suppressed? It’s complicated, but the simple answer is that the government-run medical system has evolved in such a way as to disallow the prescription and testing of vitamins as preventative or curative agents. Like the doctors who once rejected vitamin C as a cure-all for scurvy, modern-day doctors have been taught to seek only complicated solutions to cancer. 
     
  • Laetrile / Vitamin B17 Treatment For Cancer :
      
    Laetrile (i.e. amygdalin or Vitamin B17) therapy is one of the most popular and best known alternative cancer treatments. It is very simple to use and is very effective if used in high enough doses and if the product is of high quality and if it is combined with an effective cancer diet and key supplements (in other words, you need to do your homework to maximize its benefits).
     
    Laetrile works by killing cancer cells and building the immune system to fend off future outbreaks of cancer. It uses two different methods for killing cancer cells. It involves a strict diet (as do all cancer treatments) and several supplements. 
     
    When the laetrile compound molecule comes across a cancer cell, it is broken down into 2 molecules of glucose, 1 molecule of hydrogen cyanide and 1 molecule of benzaldehyde. In the early days of laetrile research it was assumed that the hydrogen cyanide molecule was the major cancer cell killing molecule, but now it is known that it is the benzaldehyde molecule that is by far the major reason the cancer cell is killed. 
     
  • See also :
     
    World Without Cancer
    Promising Cancer Cure – DCA !

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January 26, 2009 Posted by | History, Medicine & Health | , | 7 Comments