Socio-Economics History Blog

Socio-Economics & History Commentary

Greece Being Forced To Buy Arms!

  • Things are seldom what they seem. Private debts and especially bankster debts have been dumped onto the people. Because if the banks fail the whole world will collapse right? Yeah right, pigs can fly! The Greek public have been profligate and they must bear some responsibility for the debacle they are in. But much fraud IMO have been done behind the scenes to bring the country to this state of affair. The Greek bailout is really for the banksters and their Illuminist masters. Their plan calls for more wars!
     
    ‘Greece being forced to buy arms’
    A leading European parliamentarian has accused France and Germany of forcing Greece to buy billions of euros in arms in exchange for their bailout money. France and Germany, while publicly urging Greece to make harsh public spending cuts, bullied its government to confirm billions of euros in arms deals, Franco-German lawmaker Daniel Cohn-Bendit alleged on Friday.
     
    The accusation drew a stern denial from the French government.
    Cohn-Bendit said he had met last week in Athens with Papandreou, a long-time friend of his, and accused German Chancellor Angela Merkel and French President Nicolas Sarkozy of blackmailing the Greek leader.
     
    Cohn-Bendit accused France and Germany of making their contributions to an IMF-led rescue package for the debt-ridden Greek economy contingent on Athens honoring massive arms deals signed by Papandreou’s predecessor. “Mr. Fillon and Mr. Sarkozy told Mr. Papandreou: ‘We’re going to raise the money to help you, but you are going to have to continue to pay the arms contracts that we have with you,'” Cohn-Bendit said.
     
    On Friday, eurozone leaders approved a 110-billion-euro Greek aid package in an emergency summit in Brussels. The meeting was held in an effort to restore confidence in the euro after the Greek crisis rattled financial markets worldwide. 
     

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May 10, 2010 Posted by | Economics, GeoPolitics, Social Trends | , , , , , | 1 Comment

Feds Probing JPMorgan Trades in Silver Pit!

  • This is what many silver and Gold Bugs have been waiting for. I am not entirely sure what is going on. Why are Goldman Sachs and JP Morgan being probed? After all, they own the Congress. White hat forces in the American government may not all be emasculated after all. We shall see what comes of this. Is this a genuine probe or a cover for distracting the sheeple to something bigger. I suspect both vampire squid banks will just be slapped on the risk with a fine. Whatever the reason, be prepared for a massive short squeeze. Silver and gold are likely to go parabolic! New York Post reports:
      
    Federal agents have launched parallel criminal and civil probes of JPMorgan Chase and its trading activity in the precious metals market, The Post has learned. The probes are centering on whether or not JPMorgan, a top derivatives holder in precious metals, acted improperly to depress the price of silver, sources said.
     
    The Commodities Futures Trade Commission is looking into civil charges, and the Department of Justice’s Antitrust Division is handling the criminal probe, according to sources, who did not wish to be identified due to the sensitive nature of the information.
     
    The probes are far-ranging, with federal officials looking into JPMorgan’s precious metals trades on the London Bullion Market Association’s (LBMA) exchange, which is a physical delivery market, and the
    New York Mercantile Exchange (Nymex) for future paper derivative trades.
     
    JPMorgan increased its silver derivative holdings by $6.76 billion, or about 220 million ounces, during the last three months of 2009, according to the Office of Comptroller of the Currency. Regulators are pulling trading tickets on JPMorgan’s precious metals moves on all the exchanges as part of the probe, sources tell The Post.
     
    JPMorgan has not been charged with any wrongdoing. The DOJ and CFTC each declined to comment, as did JPMorgan. The investigations stem from a story in The Post, which reported on a whistleblower questioning JPMorgan’s involvement in suppressing the price of silver by “shorting” the precious metal around the release of news announcements that should have sent the price upwards.
     
    It is alleged that in shorting silver, JPMorgan sells large blocks of silver option contracts or physical metal — actions that would bring down the price of the metal — closely following news that would otherwise move the metals higher.
     
    Last week, The Post got a telling e-mail the Justice Dept. sent to a concerned investor. “Thank you for your e-mail regarding allegations that JPMorgan Chase, and perhaps other traders, are manipulating the silver futures market,” the e-mail read.
     
    Telling, indeed, as the concerned investor, in an e-mail to Justice’s Anti-trust division, never mentioned any companies or traders.

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May 10, 2010 Posted by | Economics | , | Comments Off on Feds Probing JPMorgan Trades in Silver Pit!

Gerald Celente: Terror 2010, Economic Collapse, Bank Holidays, Dollar Devaluation, Gold, War …

Vodpod videos no longer available.

May 10, 2010 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

EU Preps $645 Billion Fund to Fight ‘Wolfpack,’ Debt Crisis! Global Governance Called for by European Central Bank !

  • This is merely the beginning of the sovereign debt crisis which will sweep the world. The basic Illuminist plan is to use it to knock down national sovereignty and build a One World Government. Watch the video above. Why is the ECB calling for global governance in the banking system when the problem is largely confined to EU and US?
     
  • Implied in the video is that the crisis they create will sweep Asia too. They intend to bring Asia down although Asia is pretty healthy (beside Japan). The Illuminist banksters will use their ‘wolf packs’ hedge funds, vampire banks like Goldman and Morgan to attack countries.
     
  • This crisis will build bigger and bigger in cycles. It has started in Greece and will proceed to the rest of the PIIGS, UK, France and Germany, Japan and finally a ginormous detonation in America. France and Germany will be affected because they are amongst the largest creditor nations to the PIIGS. All the bailouts the ECB and IMF are talking about is to bailout the banks! Not the people.
     
  • Remember, how US Congress and the FedRes bailed out the banks in the subprime mortgage crisis to the tune of trillions of dollars? Why is it that the American people are still made to make monthly mortgage payments? The amount supplied to resolve the subprime problem can pay all residential mortgages and then some.
     
  • Snakes speak with fork tongue! Smoke and mirrors, deception is the operative method. By collapsing country by country, the sheeple will be terrified. Thereafter, the sheeple will surrender their individual freedoms/rights to accept security and prosperity which is tyranny in disguised. The European Illuminist will then come out with their solution: An ECB and European Parliament 2.0 which will adopt the ‘nuclear option’ of printing money out of thin air (QE). This will inflate all the debts away but hyper-inflation will destroy economies and currencies. The sheeple pays for it like it or not!
     
  • At the end of this global economic, financial and monetary collapse, the Illuminati will introduce their One World Currency and One World Government. I doubt they can force through their agenda without triggering their World War 3 plan. They need to distract the jobless starving, unhappy… sheeple who will riot and protest.
     
    EU Preps $645 Billion Fund to Fight ‘Wolfpack,’ Debt Crisis
    May 10 (Bloomberg) — European Union finance ministers moved toward agreement on an unprecedented loan package worth at least $645 billion to prevent Greece’s fiscal woes from triggering a broader sovereign-debt crisis and shattering confidence in the euro.
     
    Jolted into action by last week’s slide in the currency to a 14-month low and soaring bond yields in Portugal and Spain, the 16 euro governments sketched out plans to make 440 billion euros ($570 billion) available, with 60 billion euros more from the EU’s budget, according to three officials at the talks in Brussels. An additional, unspecified sum may come from the International Monetary Fund, the officials said.
     
    “We are going to defend the euro,” Spanish Economy Minister Elena Salgado told reporters as she arrived to chair the meeting yesterday. “We think we have a duty for more stability for our currency. We will do whatever is necessary.”
     
    Europe’s failure to contain Greece’s fiscal crisis triggered a 4.1 percent drop in the euro last week, the biggest weekly decline since the aftermath of Lehman Brothers Holdings Inc.’s collapse. It prompted the U.S. and Asia to urge broader steps to prevent a debt crisis from pitching the world back into a recession.
     
    ‘Wolfpack Behavior’
    President Barack Obama spoke by phone with German Chancellor Angela Merkel for the second time in three days, adding to the international pressure Europe has faced since a hurriedly arranged conference call of Group of Seven finance chiefs on May 7. Obama yesterday emphasized “the importance of the members of the European Union taking resolute steps to build confidence in the markets,” White House spokesman Bill Burton told reporters in Hampton, Virginia.
     
    “In the night, when the markets are opening, we cannot afford a disappointment,” said Finance Minister Anders Borg of Sweden, one of 11 EU nations not in the euro. “We now see herd behavior in the markets that are really pack behavior, wolfpack behavior.”

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May 10, 2010 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , | Comments Off on EU Preps $645 Billion Fund to Fight ‘Wolfpack,’ Debt Crisis! Global Governance Called for by European Central Bank !

Dead Osama Seen Eating Pizza, Talking To Michael Jackson And Threatens Most Americans With Erectile Dysfunction!

  • Here we go again. The NeoCons and their MSM shills reviving the bogeyman Osama Bin Laden and tying him to Iran. How stupid do these people think we are? I hope they keep it up because it is telling everyone how corrupt the western MSM is. People are waking up and realizing which news channel are total psy-ops operations run by intelligence operatives. Keep in mind that the Bin Laden family and the Bush family are business partners for many decades. Ahmadinejad is correct in asserting this fact!
     
    Media promotes far-fetched ‘bin Laden in Iran’ report 
    According to a new documentary, Osama bin Laden has been living in Iran’s capital of Tehran with his family since 2003, enjoying the protection of the Revolutionary Guard and regularly taking part in the elite sport of falcon hunting.
     
    This seemingly bizarre charge by by falconry expert Alan Parrot appears in the film Feathered Cocaine, which depicts “the secretive world of falconers where some birds can sell for over $1 million, and in which the elite of the Middle East conduct business and politics in remote desert camps.”
     
    Parrot, who claims to have traveled to Iran after he graduated from high school in the 1970’s and become chief falconer to the Shah, says that a northern Iranian warlord, who reluctantly agreed to talk about bin Laden after one of Parrot’s men saved his life, spoke of meeting the al Qaeda leader on six hunting trips between 2003 and 2008 and described him as calm and healthy.
     
    As unlikely as Parrot’s story might appear, ABC’s George Stephanopoulos actually raised the question with Iranian President Mahmud Ahmadinejad during an interview on Tuesday, inaccurately asserting that Parrot himself had met bin Laden on several occasions.
     
    “There’s a new documentary out that says that Osama Bin Laden is living in Tehran,” Stephanopoulos
    began. “And the subject of the documentary, a man named Alan Parrot, one of the world’s foremost falconers living in Iran, says he’s spoken to Osama bin Laden several times since 2003. Is Osama bin Laden in Tehran?”
      
    “Your question is laughable,” Ahmadinejad replied. He went on to say mockingly, “I heard that Osama bin Laden is in the Washington, D.C. … Because he was a previous partner of Mr. Bush. They were colleagues in fact in the old days. You know that. They were in the oil business together. They worked together. Mr. Bin Laden never cooperated with Iran but he cooperated with Mr. Bush–”  The film is being
    promoted heavily by Fox News, which ….. click here to continue reading!
      
    Osama bin Laden: A dead nemesis perpetuated by the US government
    Osama bin Laden is dead. The news first came from sources in Afghanistan and Pakistan almost six months ago: the fugitive died in December [2001] and was buried in the mountains of southeast Afghanistan. Pakistan’s president, Pervez Musharraf, echoed the information. The remnants of Osama’s gang, however, have mostly stayed silent, either to keep Osama’s ghost alive or because they have no means of communication.
     
    With an ego the size of Mount Everest, Osama bin Laden would not have, could not have, remained silent for so long if he were still alive. He always liked to take credit even for things he had nothing to do with. Would he remain silent for nine months and not trumpet his own survival? [
    New York Times. July 11, 2002]
      
    Pakistan’s Musharraf: Bin Laden probably dead
    Pakistan’s president says he thinks Osama bin Laden is most likely dead because the suspected terrorist has been unable to get treatment for his kidney disease. [A Bush administration official] said U.S. intelligence is that bin Laden needs dialysis every three days and “it is fairly obvious that that could be an issue when you are running from place to place, and facing the idea of needing to generate electricity in a mountain hideout.” [
    CNN]
      
    Karzai: bin Laden ‘probably’ dead
    Osama bin Laden is “probably” dead, but former Taliban leader Mullah Omar is alive, Afghan President Hamid Karzai has said. [
    CNN]
     
    FBI: Bin Laden ‘probably’ dead
    The US Federal Bureau of Investigation’s counter-terrorism chief, Dale Watson, says he thinks Osama bin Laden is “probably” dead. [
    BBC]
      
    Magazine runs what it calls bin Laden’s will
    The editor-in-chief of a London-based Arab news magazine said a purported will it published Saturday was written late last year [2001] by Osama bin Laden, and shows “he’s dying or he’s going to die soon.” [
    CNN]
     
    Usama bin Laden has died a peaceful death due to an untreated lung complication, the Pakistan Observer reported, citing a Taliban leader who allegedly attended the funeral of the Al Qaeda leader. “The Coalition troops are engaged in a mad search operation but they would never be able to fulfill their cherished goal of getting Usama alive or dead,” the source said. [
    FOX News]
      
    Israeli intelligence: Bin Laden is dead, heir has been chosen
    Israeli sources said Israel and the United States assess that Bin Laden probably died in the U.S. military campaign in Afghanistan in December. They said the emergence of new messages by Bin Laden are probably fabrications, Middle East Newsline reported. [
    World Tribune]
     
     …. to continue
    reading click here!

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May 10, 2010 Posted by | GeoPolitics, History | , , , , | 1 Comment

Marc Faber: Phantom Jobs Created In The Labour Statistics! Everthing Is Still Horrible! The Government Is Still Manipulating The Markets!

May 10, 2010 Posted by | Economics | , , , , , , , , , , , , , , | Comments Off on Marc Faber: Phantom Jobs Created In The Labour Statistics! Everthing Is Still Horrible! The Government Is Still Manipulating The Markets!