Socio-Economics History Blog

Socio-Economics & History Commentary

9/11: BBC and CNN Report About WTC 7 Collapse Before It Happened !

August 31, 2011 Posted by | History | , , , , , , , , | Comments Off on 9/11: BBC and CNN Report About WTC 7 Collapse Before It Happened !

Bill Murphy, GATA: SEISMIC EVENTS in Precious Metals!

August 31, 2011 Posted by | Economics | , , , , , , | Comments Off on Bill Murphy, GATA: SEISMIC EVENTS in Precious Metals!

9/11: Fox ‘News’ Reports WTC 7 Collapse Before it Happens! Foreknowledge!

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August 31, 2011 Posted by | History | , , , , , , , , | Comments Off on 9/11: Fox ‘News’ Reports WTC 7 Collapse Before it Happens! Foreknowledge!

9/11: Explosive Evidence – Experts Speak Out, Trailer; AE911Truth.org!

August 31, 2011 Posted by | History | , , , , , , | 1 Comment

Declassified: Massive Israeli Manipulation of US Media Exposed !

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

August 31, 2011 Posted by | GeoPolitics | , , , , , | Comments Off on Declassified: Massive Israeli Manipulation of US Media Exposed !

Alex Jones and Pepe Escobar: Al Qaeda Takes Libya!

Vodpod videos no longer available.

August 31, 2011 Posted by | GeoPolitics, History | , , , , , , , , , , | 1 Comment

Bob Chapman: QE3 Is Coming Soon!

August 31, 2011 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , | Comments Off on Bob Chapman: QE3 Is Coming Soon!

War a Waste: $30 Billion Stolen By US Contractors!

August 31, 2011 Posted by | GeoPolitics | , , , | Comments Off on War a Waste: $30 Billion Stolen By US Contractors!

UN Libya Plan: Troops on The Ground !

August 31, 2011 Posted by | GeoPolitics | , , , , | Comments Off on UN Libya Plan: Troops on The Ground !

The “Liberation” of Libya: NATO Special Forces and Al Qaeda Join Hands!

  • The western MSM is projecting the image that US and NATO forces are the great righteous warriors, setting the people free. If you believe that I like to sell you my seaside bungalow on planet Jupiter. You can swim with the Jovian dolphins! In war, truth is the first casualty! NATO forces are committing war crimes and bombing civilians!

    The “Liberation” of Libya: NATO Special Forces and Al Qaeda Join Hands
    by Prof. Michel Chossudovsky, http://www.globalresearch.ca/
    “Former Terrorists” Join the “Pro-democracy” Bandwagon
    Extensive war crimes have been committed. NATO has blood on its hands. The heads of government and heads of state of NATO member countries are esponsible for extensive war crimes

    The “pro-democracy” rebels are led by Al Qaeda paramilitary brigades under the supervision of NATO Special Forces. The “Liberation” of  Tripoli was carried out by “former” members of the Libya Islamic Fighting Group (LIFG).

    The jihadists and NATO work hand in glove. These “former” Al Qaeda affiliated brigades constitute the backbone of the “pro-democracy” rebellion. NATO special forces with “boots and the ground” pass unnoticed. Their identity is not known or revealed. They blend into the Libyan rebellion landscape of machine guns and pickup trucks. They are not highlighted in the

    photo ops.

    Special forces composed of US Navy SEALS, British Special SAS Forces and French legionnaires, disguised in civilian rebel garb, are reported to be behind major operations directed against key government buildings including Gadhafi’s Bab al-Aziziya compound in central Tripoli.

    Reports confirm that British SAS were on the ground in Eastern Libya prior to the onset of the air campaign. Special Forces are in close coordination with NATO air operations. “Highly-trained units, known as ‘Smash’ teams for their prowess and destructive ability, have carried out secret reconnaissance missions to provide up-to-date information on the Libyan armed forces.” (SAS ‘Smash’ squads on the ground in Libya to mark targets for coalition jets, Daily Mirror, March 21, 2011)  

    NATO special forces and the CIA sponsored Islamic brigades under the command of “former” jihadists constitute the backbone of combat capabilities on the ground, supported by the air campaign, which now includes Apache helicopter raids.

    The remainder of the rebel forces include untrained trigger happy gunmen (including teenagers) (see photo above), which serve the function of creating an atmosphere of panic and intimidation.

    What we are dealing with is a carefully planned military intelligence operation to invade and occupy a sovereign country.

    Killing the Truth. The Role of the Western Media
    The Western media constitutes a major instrument of war. NATO war crimes are obfuscated. Popular resistance to the NATO led invasion is not mentioned.


    A narrative of  “liberation” and  “opposition pro-democracy rebel forces” is instilled in the inner consciousness of millions of people. Its called the “NATO Consensus”. “The NATO Consensus” which upholds the “humanitarian mandate” of the Atlantic alliance cannot be challenged. The bombings of civilian areas as well as the role of a terrorist militia are either trivialised or not mentioned.

    Killing the truth is an integral part of the military agenda.
    Realities are turned upside down.
    The lie becomes the truth.

    Its an inquisitorial doctrine. The NATO consensus dwarfs the Spanish Inquisition by a long shot. The criminal invasion and occupation of Libya is not mentioned. The lives of independent journalists in Tripoli who report on what is actually happening are threatened. The catch words are “Liberation” and “Revolution” with NATO’s mandate limited to R2P (“Responsibility to Protect”).

    Liberation or Invasion? By camouflaging the nature of the military operation, not to mention NATO atrocities, the Western media has contributed to providing the Transitional Council with a semblance of legitimacy and international recognition. The latter would not have been forthcoming without the support of the Western media.

    NATO special forces and intelligence operatives on the ground are in permanent liaison with military planners involved in coordinating NATO strike sorties and bombing raids on the Libyan capital.

    … for the full article click here!

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August 31, 2011 Posted by | GeoPolitics | , , , , , , , , | Comments Off on The “Liberation” of Libya: NATO Special Forces and Al Qaeda Join Hands!

Parts of Britain Suffer Coldest Summer For Nearly Two Decades!

  • So much for the Man Made Global Warming hoax! The planet is getting cooler and may actually be facing a mini ice age. The variability of earth’s temperature has practically nothing to do with man’s life style! It has mainly to do with light output from the sun.
  • The Illuminists know they have lost the fight. They have subtly amended their Global Warming marketing SCAM to Climate Change! Do not be taken for a ride. This scam has nothing to do with improving the living conditions of planet earth. It is about moving the sheeple to a world government. It is about implementing a tax on all humanity to set a precedent for the coming ‘666’ tax on all buying / selling!

    Parts of Britain suffer coldest summer for nearly two decades
    by http://www.telegraph.co.uk/
    Much of Britain suffered the coldest summer for almost two decades, Met Office statistics show.
    As Britons return to work today after a soggy Bank Holiday weekend, official   weather data reveals that average temperatures were significantly down on   recent years.

    The UK’s average temperature from June 1 to August 15 was only 57F (13.9C) –   the lowest for 13 years. For central England the average was 59F (15C), making it the coolest summer since 1993. Helen Waite, a Met Office forecaster, said: “The average temperature for central England this summer has been just 15C – this sort of temperature is normally typical of September. “Generally speaking, you would expect to see temperatures of at least 17C for this time of year.”

The most abundant form of Carbon is Carbon12. It is a key element in the human DNA! 6 protons, 6 neutrons & 6 electrons -> '666' ! Get the message?!

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August 31, 2011 Posted by | Social Trends | , , , , | Comments Off on Parts of Britain Suffer Coldest Summer For Nearly Two Decades!

Timebomb in Euroland: The Eurozone is Heading For a Crash!

  • Do you see the lit fuse? It should be pretty obvious now! All the figures are saying a massive collapse dead ahead for the Eurozone! When the Eurozone tanks, its banking/financial system go bust, do you really believe the rest of the world will escape unscathed? Obviously not! The detonation will start in the Eurozone and spread to UK, Japan and America. Asia will not escape the calamity! This is a global economic, financial and monetary collapse! Fiat currencies will be destroyed via hyper-inflation! Got physical gold yet?
  • This is an excellent article explaining the true situation in the Eurozone banking / financial system! The Eurozone Big Bang is about to be heard around the world. Buckle up for the ride! The Illuminist banksters solution will be to create more money out of thin air! QE to infinity is around the corner! The Euro, UKP, JPY and USD are toast. Minor currencies will not survive the onslaught!

    Timebomb in Euroland: The Eurozone is Heading for a Crash
    by Mike Whitney, http://globalresearch.ca/
    Bank funding costs are rising, liquidity is being choked off, and interbank lending has started to stall. A full-blown crisis can still be averted, but leaders will have to knuckle down and resolve the political issues fast. Otherwise the 17-member monetary union will fracture and the euro will be kaput. Here’s a clip from the Wall Street Journal:

    “Commercial banks boosted their reliance on the European Central Bank, borrowing €2.82 billion ($4.07 billion) from an emergency lending facility on Tuesday … While the amount of borrowing is tiny … the increase from €555 million a day earlier, nonetheless suggest that some lenders are struggling to borrow from traditional funding sources.”(“Europe Banks Lean More on Emergency Funding”, Wall Street Journal)

    Sure, it’s a pittance compared to the trillions floating around in the EU banking system, but the pattern is the same as it was in 2007 when the troubles began at French bank PNB Paribas. Back then, the problems seemed small, too, but things got out of hand quick. Over the following year, trillions in mortgage-backed securities (MBS) were downgraded forcing bigger and bigger losses on the bondholders, many of which were the nation’s largest banks. The bloodletting dragged on until September 2008, when Lehman blew up and the whole financial system went into cardiac arrest. The Fed had to rush to Wall Street’s rescue with $12 trillion in loans and other guarantees in hand just to keep the patient from croaking on the Emergency Room floor. Now it looks like history is repeating itself.

    As the collateral the banks hold (mainly foreign sovereign bonds) continues to lose value, the banks will come under greater pressure making funding more costly and harder to get. In fact, the mad-scramble for short-term funding has already begun. Banks are hoarding capital just as they did after the Crash of ’08, depositing larger and larger amounts in overnight accounts with the ECB in order to avoid lending to the other banks. All of this is taking a toll on consumer and household lending which will inevitably push eurozone GDP further into the red. The negative feedback loop into the real economy will send unemployment higher while further crimping business investment. This is from Businessweek:

    “Despite the ECB’s best efforts, some of Europe’s banks may be inching toward insolvency. The cost of insuring the bonds of 25 European banks and insurers set a record high on Aug. 24 of 257 basis points, higher than the 149 basis-point spike when Lehman Brothers collapsed in the fall of 2008, according to the Markit iTraxx Financial Index of credit default swaps.

    The banks aren’t required to mark down most of their holdings of government debt to market prices. If they did, some would be forced to default or seek a bailout.” (“How Long Can the ECB Prop Up Europe’s Sick Banks?”, Businessweek)

    Are you kidding me? The banks are sitting on a mountain of garbage paper and EU regulators haven’t even forced them to write down the losses. Is it any wonder why public confidence is at all-time lows?

    U.S. money funds have been gradually reducing their exposure to EU banks due to worries about their collateral, much of which is bonds from Portugal, Italy, Ireland, and Greece (PIIGS). Eventually, these bonds will be pounded by downgrades and the banks will have to pony-up for the losses. That’ll be the swan song for some of Europe’s big name banks that are gravely undercapitalized. Of course, there could be a multi-trillion dollar bailout like in the US, but it’s hard to imagine how that would work. After all, Germany as already rejected eurobonds; so why would they support the more offensive idea of bank bailouts? It just doesn’t add up.

    And, in case there’s any doubt about German Chancellor Angela Merkel’s contempt for eurobonds; here’s what she said on Tuesday: “At this time — we’re in a dramatic crisis — euro bonds are precisely the wrong answer…They lead us into a debt union, not a stability union. Each country has to take its own steps to reduce its debt.”

    Then she added this corker: “We are in no rush whatsoever to solve the crisis in Europe. We will not be swayed by market crashes or panics.”

    Hmmm. That doesn’t sound like someone who appreciates the urgency of the moment. It sounds like someone who wants to teach the market “who’s boss”.

    But Merkel’s bravado doesn’t change the fact that the EU bank funding system is on the fritz; liquidity is drying up, stress gauges are blinking red, and the banks are too scared to lend to each other. It just demonstrates the obtuseness of grandstanding politicians.

    And, keep in mind that–while QE2 helped many of the European banks stockpile “rainy day” reserves in the US–those piles are beginning to dwindle as investors wise-up and head for the exits. They’ve seen this movie before, and it doesn’t end well. Better to be safe than sorry.

    Here’s an excerpt from a report by Nomura that shows how liquidity is gradually being drained from the system:

    “The USD cash buffer has been falling according to FED data from 889 billions USD on July 20 to 758 billions USD on August 3….In fact, according to the same report, there was a notable decline of 131 billions USD in two weeks, clearly a trend to watch…. (“Credit Terminal Velocity”, Macronomics, Pragmatic Capitalism)

    So, no, we’re not at the panic-phase yet, but the situation is steadily deteriorating. As the run on the money markets continues, more banks have to go “cup in hand” to the ECB seeking loans to stay afloat. At the same time, ECB chief Jean-Claude Trichet will have to step up his sovereign debt purchasing program to prop up plunging bond prices to help tottering Greece and Co. stay upright. Otherwise, someone’s going to go belly-up and take down a good portion of the EU financial system along with them.

    So, it’s a mess, and it’s going to get a whole lot messier because eurozone banks need to roll over more than $4.5 trillion in the next two years and the funding flywheel is already gummed up. If there’s not a political solution to the trans-EU fiscal issues in the next few months, there’s going to be Hell-to-pay. When the credit markets start to freeze, bad things can happen fast.

    This isn’t the time for pompous pronouncements or footdragging. Policymakers need to make a choice and stick by it. Is there a future for the eurozone or not? It’s that simple. Either implement the policies that will make the monetary union work or forget about it. But, for God sakes, don’t just stand there while the markets rip the economy to shreds.

    Do something!

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August 31, 2011 Posted by | Economics | , , , , , , , , , | Comments Off on Timebomb in Euroland: The Eurozone is Heading For a Crash!

9/11: More Proof of Bombs Planted in The Towers!!

August 30, 2011 Posted by | History | , , , , , , | Comments Off on 9/11: More Proof of Bombs Planted in The Towers!!

9/11: Analysis of North Tower Controlled Demolition!

August 30, 2011 Posted by | History | , , , , , , | Comments Off on 9/11: Analysis of North Tower Controlled Demolition!

There Is Fire In The Eurozone, Things Are Going To Explode! Engineered Crisis For More Centralization of Power!

  • This coming sovereign debt collapse is a deliberately engineered situation by Illuminist banksters. They employ the Hegelian Dialectic of: Engineered Problem, wait for the Reaction and deliver their Pre-Planned Solution. They cause the problem and then use the reaction of the sheeple to herd them into the Illuminists’ pre-planned solution.
  • In the herding of the sheeple, the Illuminists employ massive amounts of fear. Fear will cause the sheeple to give up on many of their rights and look for a savior to save them. The Illuminist wolf in sheep clothing will be standing at the door posing as savior. It is all a SCAM. All scams are based on deception and mis-direction! (emphasis mine)

    Riots, panic and meltdown in financial markets…To the Eurofanatics it’s just another BENEFICIAL CRISIS!
    By Gwyn Prins, http://www.dailymail.co.uk/home/index.html
    … At times it reached far higher levels than when I wrote in this newspaper three weeks ago that the European Central Bank (ECB) had experienced its ‘1931’ moment and had lost credibility as the lender of last resort.

    Since then the ECB has become a ‘bad bank’. It has only limited resources, yet has spent billions a week buying Spanish and Italian bonds to save their  economies. It is not just economies – Europe’s private-sector banks are also under immense strain and the ECB is expected to help them as well.

    Make no mistake, there is fire in the eurozone. And sooner or later, things are going to explode.

    It might come as a surprise, then, after such turmoil in the financial world and the ugly riots in the streets of Athens, to realise that in the eyes of those Eurocrats who inhabit the Brussels bubble, things are going pretty well.

    That’s because the present euro crisis is an inevitable consequence of a deliberate choice. For them it is all part of a greater long-term project: a ‘beneficial crisis’ that will help hasten their ultimate goal of a federal European state.

    This is not fanciful mischief making. Would that it were! One powerful Eurocrat, who is today at the epicentre of EU affairs, once described to me the three great crises the EU has experienced since 1991 in exactly these terms.

    The first was the rejection of the EU Constitution in France, the Netherlands and Ireland. Ultimately, of course, the Eurocrats repackaged the document to be incomprehensible (as the constitution’s author, former President Giscard d’Estaing, openly admitted). It was then imposed as the ‘Lisbon Treaty’ with the Irish forced to vote again to give the ‘right’ answer.

    The second crisis was over the endlessly intrusive EU climate policy. It was intended to make Europeans love the ‘Environment Union’, but it actually created corruption, bureaucracy, fake markets and the repeatedly collapsing Emissions Trading Scheme.

    The third crisis is the big one: the euro. All three, my Eurocrat suggested, were ‘beneficial’ in that they had all resulted in ‘more Europe’. The root of our present collective peril lies in the fact that the euro single currency was consciously created to produce just such ‘beneficial crises’.

    Any competent economic historian will tell you there has never been a successful ‘fiat’ (non-gold-based) currency unless it is underpinned by a unitary state, with unitary fiscal policies. They will also quote the golden rule:  ‘Never play politics with currencies: currencies bite back.’

    The ‘Godfather’ of the euro, Jacques Delors, and his colleagues knew all this perfectly well. But the euro was always intended – slowly but inevitably – to generate successive crises to force the EU states to override their citizens and surrender sovereign control to Brussels.

    This is how for 80 years single-minded dreamers have planned to build the federal state that the ignorant people of Europe so annoyingly refused to grant them freely. The tactic has its origins in a forgotten episode of European history.
    ….
    And this tactic has worked, exclaimed my Eurocrat. The result of ‘beneficial crises’ over the past 60 years has always been ‘more Europe’. He also used another image for me, and a telling one: ‘To get a horse to jump a hedge, you have to frighten it.’
    ….
    The certainty of a euro explosion is why Angela Merkel and Nicolas Sarkozy, appearing before the world’s Press earlier this month, looked like rabbits trapped in the headlights of a crisis spinning out of their control. They announced proposals for a ‘true European economic government’ that turned out to be nothing of the sort. Instead, their plans for a tax on financial transactions spooked the markets.

    Like their predecessors in 1931, they were trying to pretend at all costs that a bust financial system was not bust. But at what cost? History tells us that similar policies in the Thirties caused extreme deflation and the Depression. In Germany, the Nazis thrived. From 1932 to 1938, most of southern Europe went fascist.
    ….
    Are these ‘beneficial crises’ so cynically fostered, so consistently and for so long, now unintentionally beckoning to the shadows once again? It is not just the euro at stake, but much deeper and darker things too.

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August 30, 2011 Posted by | Economics | , , , , , , | Comments Off on There Is Fire In The Eurozone, Things Are Going To Explode! Engineered Crisis For More Centralization of Power!