Socio-Economics History Blog

Socio-Economics & History Commentary

G. Edward Griffin: Fighting the Illuminati Since 1960s

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July 16, 2009 Posted by | Economics | , , | Comments Off on G. Edward Griffin: Fighting the Illuminati Since 1960s

America: Jobless Benefits Run Out in Record Numbers

  • Why you should take the reported jobless claims number with more than a grain of salt. The data is highly manipulated and you must read the final points in the data collection methodology. Jefferson George reports :
      
    After final payments, folks still seeking work turn to already-strapped aid agencies.
      
    With the recession midway through its second year, the number of people running out of jobless benefits has reached a record high. Just as first-time claims for unemployment insurance surged in the sour economy, final payments – made when laid-off workers have exhausted their initial benefits and all extensions – are climbing, with Mecklenburg County numbers more than double from a year ago.
     
    As a result, more people are seeking help from already strained assistance agencies and trying to find creative ways to generate income, from babysitting to braiding hair to refinancing loans to taking on roommates.
     
    Relief, in the form of new jobs, doesn’t appear imminent, based on the latest labor statistics. The national unemployment rate rose to 9.5 percent in June, a 26-year high, with companies cutting 467,000 jobs – more than economists expected. Charlotte-area unemployment has outpaced the nation, reaching 12 percent in May. Economists expect both numbers to rise further before the end of the year.
     
    Last month, the number of Mecklenburg County residents who ran out of unemployment benefits climbed to nearly 2,900 – the fourth straight month above 2,000 and more than double the number of people in June 2008, according to new data from the N.C. Employment Security Commission. Before the recession, the number of final payments in a single month never topped 2,000.
     
    Among those out of benefits is Dennis Perkins, 57, of Charlotte, who filed for unemployment in December, after he was laid off from his job as a sales estimator for a Pineville company that makes metal parts for manufacturers. Because he had been with the company only six months, Perkins said, his jobless benefits were limited. “I had 13 weeks,” he said, “and that was it.”
      ….  
    Final unemployment payments usually rise during recessions. In 2002 and 2003, payments in Mecklenburg topped 1,000 in most months before dropping to an average of 780 a month for 2004-2007.
     
    The current recession, however, is the worst since at least the early 1980s and possibly the Great Depression, economists say. That severity plus the Charlotte region’s robust population growth in recent years have resulted in the record number of people running out of benefits.
     
    The next several weeks probably won’t bring much relief. Although many economists say layoffs have slowed, most companies haven’t resumed hiring. Job seekers also compete in a larger labor pool during the summer, when students, teachers and new graduates search for work. Given that outlook, even people who haven’t yet exhausted jobless benefits are searching for other sources of income.

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July 16, 2009 Posted by | Economics | , | Comments Off on America: Jobless Benefits Run Out in Record Numbers

China Plans Global Role for RenMinBi (Yuan)

  • Why are the Chinese doing this? They see a coming collapse of the USD. These are final moves towards a new monetary order. I seriously doubt the collapse of the USD will be a gradual event. So, China is stepping up actions to mitigate this coming disaster. The Peninsula reports :
      
    China has kick-started a major plan to internationalise the renminbi and the process is likely to be faster than many expect, according to HSBC. If successful, this could lead to nearly $2,000bn in annual trade flows, or as much as 50 percent of China’s total, being settled in renminbi each year by 2012, compared with less than 10 percent today.
     
    The move follows calls by China for the world to adopt a supranational currency to replace the dollar. “China is beginning an ambitious scheme to raise the role of the renminbi in international trade and finance and to reduce reliance on the US dollar,” said Qu Hongbin, China chief economist at HSBC.
     
    “This will likely be a multi-year and gradual process. Yet, we believe the pace is likely to be faster than many expect.” HSBC said the internationalisation of the renminbi was long overdue, given China’s rising economic power relative to the limited use of the renminbi overseas.
     
    The bank estimated that Chinese gross domestic product could hit $4,700bn this year, implying it could overtake Japan as the world’s second-largest economy in 2010, while it was likely to overtake Germany as the world’s second-largest trading country by the end of the year.
     
    China announced a pilot programme last week that expanded renminbi settlement agreements between Hong Kong and five major trading cities, including Guangzhou and Shanghai. Furthermore, this year the People’s Bank of China has signed a total of Rmb650bn ($95bn) in bilateral currency swap agreements with six central banks: South Korea, Hong Kong, Malaysia, Indonesia, Belarus and Argentina.
     
    HSBC said China was still in talks with other central banks to form additional swap agreements and was likely to expand them to cover all the country’s trade with Asia, excluding Japan. This would be followed by an expansion to take in other emerging countries, including those in the Middle East and Latin America, that needed renminbi to pay for their imports of Chinese manufactured goods.
     
    “More than half of China’s total trade flows, primarily bilateral trade with emerging market countries, are likely to be settled in renminbi in the next three to five years,” said Mr Qu. “This means that nearly $2,000bn worth of cross-border trade flows would be settled in renminbi, making it one of the top three currencies used in global trade.”

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July 16, 2009 Posted by | Economics | , , , , , | Comments Off on China Plans Global Role for RenMinBi (Yuan)

Israeli Navy in Suez Canal Prepares for Potential Attack on Iran !

  • The war hawks are in charge of the world now. And they are calling for wars incessantly. The planned attack on Iran has nothing to do with nuclear weapons. This is just the MSM propaganda to sell the war to the sheeple public. It is about Oil and the fact that the Iranians refused to bow to the western Illuminati powers. The fact is: only Iran is a major threat to them in the middle east. See :
      
    New IAEA Head: No Evidence Iran Seeking Nuclear Weapons
    New International Atomic Energy Agency (IAEA) Director-General Yukiya Amano may have been the candidate of choice for Western nations, and in particular Israel, but he sought to assure the world today that he would remain independent and would seek to de-politicize the office.
     
    In particular,
    Amano noted that going through the IAEA’s documents he didn’t see any evidence that Iran was trying to develop nuclear weapons. The IAEA had repeatedly certified that Iran was not diverting any of its civilian program’s enriched uranium to any other purpose, but outgoing chief Mohamed ElBaradei claimed to have a “gut feeling” that Iran secretly wanted the technology.
     
    Germany’s BND denies report on Iran bomb timing
    Germany’s foreign intelligence agency BND denied a report in a magazine on Wednesday that its experts believe Iran is capable of producing and testing an atomic bomb within six months.
     
    The report, in German weekly Stern, cited BND experts as saying Iran had mastered the enrichment technology necessary to make a bomb and had enough centrifuges to make weaponised uranium.
     
    It quoted one expert at the agency as saying: “If they wanted to, they could detonate an atomic bomb in half a year’s time.” But a BND spokesman said the article did not reflect the view of the agency, which is that Iran would not be able to produce an atomic bomb for years. “We are talking about several years not several months,” the spokesman said.
     
  • Keep in mind that the Satanic plan is for 3 World Wars. And WW3 is a conflict between the Zionists and the Muslim world. See: Satanic 3 World Wars plan as elucidated by Satanist Albert Pike ?
        
    The Third World War must be fomented by taking advantage of the differences caused by the “agentur” of the “Illuminati” between the political Zionists and the leaders of Islamic World. The war must be conducted in such a way that Islam (the Moslem Arabic World) and political Zionism (the State of Israel) mutually destroy each other. Meanwhile the other nations, once more divided on this issue will be constrained to fight to the point of complete physical, moral, spiritual and economical exhaustion…We shall unleash the Nihilists and the atheists, and we shall provoke a formidable social cataclysm which in all its horror will show clearly to the nations the effect of absolute atheism, origin of savagery and of the most bloody turmoil.
     
    Then everywhere, the citizens, obliged to defend themselves against the world minority of revolutionaries, will exterminate those destroyers of civilization, and the multitude, disillusioned with Christianity, whose deistic spirits will from that moment be without compass or direction, anxious for an ideal, but without knowing where to render its adoration, will receive the true light through the universal manifestation of the pure doctrine of Lucifer, brought finally out in the public view. This manifestation will result from the general reactionary movement which will follow the destruction of Christianity and atheism, both conquered and exterminated at the same time.”
    4
     
  • ‘We shall unleash the Nihilists’ ie unleash the terrorists to cause multitudes of problems/terrorism worldwide. I doubt these Satanists will be successful with Iran. Iran is no push over. And also because Ezekiel 38 and 39 clearly states that there will be 1 big invasion of Israel by Gog and Magog (Russia), Persia (Iran) and their allies.
      
    Ezekiel 38:1-9
    1 Now the word of the LORD came to me, saying, 2“Son of man, set your face against Gog, of the land of Magog, the prince of Rosh, Meshech, and Tubal, and prophesy against him, 3 and say, ‘Thus says the Lord GOD: “Behold, I amagainst you, O Gog, the prince of Rosh, Meshech, and Tubal. 4 I will turn you around, put hooks into your jaws, and lead you out, with all your army, horses, and horsemen, all splendidly clothed, a great company with bucklers and shields, all of them handling swords. 5 Persia, Ethiopia, and Libya are with them, all of them with shield and helmet; 6Gomer and all its troops; the house of Togarmah from the far north and all its troops—many people are with you.
     
    7 “Prepare yourself and be ready, you and all your companies that are gathered about you; and be a guard for them. 8 After many days you will be visited. In the latter years you will come into the land of those brought back from the sword and gathered from many people on the mountains of Israel, which had long been desolate; they were brought out of the nations, and now all of them dwell safely. 9 You will ascend, coming like a storm, covering the land like a cloud, you and all your troops and many peoples with you.”
     
  • Netanyahu wants war. Some are of the opinion that he wants to rebuild the 3rd temple which he failed to do so in his 1st term as prime minister. The Times UK reports on the latest Israeli manoeuvres:
      
    Two Israeli missile class warships have sailed through the Suez Canal ten days after a submarine capable of launching a nuclear missile strike, in preparation for a possible attack on Iran’s nuclear facilities.
     
    The deployment into the Red Sea, confirmed by Israeli officials, was a clear signal that Israel was able to put its strike force within range of Iran at short notice. It came before long-range exercises by the Israeli air force in America later this month and the test of a missile defence shield at a US missile range in the Pacific Ocean.
     
    Israel has strengthened ties with Arab nations who also fear a nuclear-armed Iran. In particular, relations with Egypt have grown increasingly strong this year over the “shared mutual distrust of Iran”, according to one Israeli diplomat. Israeli naval vessels would likely pass through the Suez Canal for an Iranian strike.
     
    “This is preparation that should be taken seriously. Israel is investing time in preparing itself for the complexity of an attack on Iran. These manoeuvres are a message to Iran that Israel will follow up on its threats,” an Israeli defence official said.
      
    It is believed that Israel’s missile-equipped submarines, and its fleet of advanced aircraft, could be used to strike at in excess of a dozen nuclear-related targets more than 800 miles from Israel.

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July 16, 2009 Posted by | EndTimes, GeoPolitics | , , , , | 1 Comment

Game is Fixed! Market is Manipulated !

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July 16, 2009 Posted by | Economics | | 1 Comment