Socio-Economics History Blog

Socio-Economics & History Commentary

Two Palestinians Girls Arrested During Home Demolitions in Umm Fagarah, South Hebron Hills!

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


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Dr. Webster Tarpley: The NATO-CIA Destabilization of Syria is Under Way!

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Dr. Jerome Corsi: World War 3 is About To Begin!

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Bob Chapman: Europe Will Either Collapse or Go To Hyperinflation!

  • Bob Chapman Radio Liberty 28 November 2011 : Europe has one only way out and that is to follow the Austrian school of economics principals , austerity is a dead end Europe will either collapse or go to Hyperinflation says Bob Chapman ….


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9/11 Truth Versus The BBC Psyop!

  • The Illuminist MSM can repeat the Big Lie about 9/11 all they want. But it does not make it the truth. 9/11 was an inside job planned by the Illuminist shadow government executed via CIA and Mossad ! The Illuminist MSM will not succeed in derailing the 9/11 Truth movement!


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Europe’s Shrinking Money Supply Flashes Slump Warning!

  • The Eurozone is going to collapse. It is getting pretty close. Once the Illuminists have their way with fiscal union of most of Europe and the empowerment of the ECB to do whatever they want, they will pull the plug. It is very clear that the Euro will not survive. The Illuminist politicians despite all their rhetoric about saving the Eurozone are simply laying the foundation for a super merger with a re-engineered and enlarged United States 2.0 to form a World Government, Luciferian New World Order with a One World Currency and Global Supra-National Central Bank! (emphasis mine)

    Europe’s shrinking money supply flashes slump warning! 
    By , 
    All key measures of the money supply in the eurozone contracted in October with drastic falls across parts of southern Europe, raising the risk of severe recession over coming months.

    The three main gauges – M1, M2, and M3 – have each begun to decline in absolute terms after slowing sharply over the Autumn. The broad M3 measure tracked closely by the European Central Bank as an early warning indicator shrank last month by €59bn to €9.78 trillion, a sign that Europe’s long-feared credit squeeze is underway as banks retrench to meet tougher capital requirements.

    “This is very worrying,” said Tim Congdon from International Monetary Research. “What it shows is that the implosion of the banking system on the periphery is now outweighing any growth left in the core. We are seeing the destruction of money and it is a clear warning of serious trouble over the next six months.”

    “This is the first sign of an emerging credit crunch,” said James Nixon from Societe Generale. Banks cut their balance sheets by €79bn in October, while mortage lending saw the biggest drop since December 2008.

    Simon Ward from Henderson Global Investors said “narrow” M1 money – which includes cash and overnight deposits, and signals short-term spending plans – shows an alarming split between North and South.

    … for more click here!


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Will Global Financial Demolition Lead To New World Order?

  • The drive of the Rockefellers and their allies is to create a one-world government combining supercapitalism and Communism under the same tent, all under their control…. Do I mean conspiracy? Yes I do. I am convinced there is such a plot, international in scope, generations old in planning, and incredibly evil in intent.”
    Congressman Larry P. McDonald, 1976, killed in the Korean Airlines 747 that was shot down by the Soviets
  • The Illuminist plan simply stated is: global economic, financial and monetary collapse leading to Satanic World War 3. They will sell via their Illuminist owned MSM all types of made up enemies: it is the Chinese/Communists, Russians, the Jews, Muslims, Christian religious extremists, Iran, Taliban …. etc. The truth is: this coming global war is the Illuminists attacking all humanity. Unfortunately, the sheeple are easily deceived. All kinds of flag waving, nationalistic rhetoric … will lead them down the path of false patriotism to genocidal wars!

    Will Global Financial Demolition Lead To New World Order? 
    by Allen L Roland, 
    The financial elite are laughing for they are well aware of the ongoing planned global financial demolition as well as the rapidly emerging New World order ~ with the Global elite firmly in control. However, there is another choice but it will take the same courage the people of Iceland took in reclaiming their country from the robber barons.

    The next step in the Occupy Wall Street movement, after establishing its presence and credibility, is to fully expose the enemy, the global financial elite, as well as their ongoing global financial demolition plans which will eventually lead to a New World Order ~ unless the people reclaim their power as they did in Iceland.

    Make no mistake ~ this is a planned demolition not unlike Building 7 as well as the two Trade Center towers on 9/11.

    Richard K Moore (An expatriate from Silicon Valley, who retired and moved to Ireland in 1994 to begin his ‘real work’ ~ trying to understand how the world works, and how we can make it better ~ which culminated in his widely acclaimed book Escaping the Matrix: How We the People Can Change the World (The Cyberjournal Project, 2005) ~ explains the Global Elite plan for a New World Social Order.

    Excerpt: “From their position of power, as the financiers of governments, the banking elite have over time perfected their methods of control. Staying always behind the scenes, they pull the strings controlling the media, the political parties, the intelligence agencies, the stock markets, and the offices of government. And perhaps their greatest lever of power is their control over currencies. By means of their central-bank scam, they engineer boom and bust cycles, and they print money from nothing and then loan it at interest to governments. The power of the elite banking gang (the ‘banksters’) is both absolute and subtle … Capitalism is a vehicle that helped bring the banksters to absolute power, but they have no more loyalty to that system than they have to place, or to anything or anyone. As mentioned earlier, they think on a global scale, with nations and populations as pawns. They define what money is and they issue it, just like the banker in a game of Monopoly. They can also make up a new game with a new kind of money. They have long outgrown any need to rely on any particular economic system in order to maintain their power. Capitalism was handy in an era of rapid growth. For an era of non-growth, a different game is being prepared.”

    So what is the different game that is being prepared ?
    Moore describes it well ~ “Just as the financial collapse was carefully managed, so was the post-collapse scenario, with its suicidal bailout programs. National budgets were already stretched; they certainly did not have reserves available to salvage the insolvent banks. Thus the bailout commitments amounted to nothing more than the taking on of astronomical new debts by governments. In order to service the bailout commitments, the money would need to be borrowed from the same financial system that was being bailed out!”

    So what really happened in 2008/09?
    Moore explains ~It’s not that the banks were too big to fail, rather the banksters were too powerful to fail: they made politicians an offer they couldn’t refuse. In the USA, Congress was told that without bailouts there would be martial law the next morning. In Ireland, the Ministers were told there would be financial chaos and rioting in the streets. In fact, as Iceland demonstrated, the sensible way to deal with the insolvent banks was with an orderly process of receivership…The effect of the coerced bailouts was to transfer insolvency from the banks to the national treasuries. Banking debts were transformed into sovereign debts and budget deficits. Now, quite predictably, it is the nations that are seeking bailouts, and those bailouts come with conditions attached. Instead of the banks going into receivership, the nations are going into receivership.”

    … for more click here!


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Paul Craig Roberts: Just Another Goldman Sachs Take Over!

  • “The best way to control the opposition is to lead it.” Lenin
  • Goldman Sucks, JP Morgue … are Illuminist banks and are shareholders of the Illuminist FedRes! Keep in mind the Illuminist philosophy is to own all sides in a conflict. This is the way they manipulate events to get their desired result ! Alot of so-called opposition are controlled opposition! Who controls the bond market? Illuminist banksters! (emphasis mine)

    Just Another Goldman Sachs Take Over! 
    Bankers Seize Europe
    On November 25, two days after a failed German government bond auction in which Germany was unable to sell 35 per cent of its offerings of 10-year bonds, the German finance minister, Wolfgang Schaeuble said that Germany might retreat from its demands that the private banks that hold the troubled sovereign debt from Greece, Italy, and Spain must accept part of the cost of their bailout by writing off some of the debt. The private banks want to avoid any losses, either by forcing the Greek, Italian, and Spanish governments to make good on the bonds by imposing extreme austerity on their citizens, or by having the European Central Bank print euros with which to buy the sovereign debt from the private banks. Printing money to make good on debt is contrary to the ECB’s charter and especially frightens Germans, because of the Weimar experience with hyperinflation.

    Obviously, the German government got the message from the orchestrated failed bond auction. As I wrote at the time, there is no reason for Germany, with its relatively low debt to GDP ratio compared to the troubled countries, not to be able to sell its bonds.  If Germany’s creditworthiness is in doubt, how can Germany be expected to bail out other countries?  Evidence that Germany’s failed bond auction was orchestrated is provided by troubled Italy’s successful bond auction two days later.

    Strange, isn’t it. Italy, the largest EU country that requires a bailout of its debt, can still sell its bonds, but Germany, which requires no bailout and which is expected to bear a disproportionate cost of Italy’s, Greece’s and Spain’s bailout, could not sell its bonds.

    In my opinion, the failed German bond auction was orchestrated by the US Treasury, by the European Central Bank and EU authorities, and by the private banks that own the troubled sovereign debt.

    My opinion is based on the following facts. Goldman Sachs and US banks have guaranteed perhaps one trillion dollars or more of European sovereign debt by selling swaps or insurance against which they have not reserved. The fees the US banks received for guaranteeing the values of European sovereign debt instruments simply went into profits and executive bonuses. This, of course, is what ruined the American insurance giant, AIG, leading to the TARP bailout at US taxpayers’ expense and Goldman Sachs’ enormous profits.

    … for more click here!


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Final Attempt To Save Eurozone?

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Alex Jones: Senate Wants Martial Law in America!

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War Profiteers Steal Billions!

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Militarism Created Culture of Corruption!

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Nomi Prins, Banks Are Like “Government-Sponsored Mafias”!

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Italy is Stitched Up by Central Bankers – Hit with New Loan Sharking Rates!

Italy govt bond yield soars!

  • The Illuminist plan is a full takeover of the world via any means. If their financial conquest do not succeed, they will go for all out war. They want to implement their Luciferian New World Order, World Government, One World Currency, Global Supra-National Central Bank –> ‘666’. What you are seeing is the destruction of democracy across Europe and the establishment of a technocracy, Illuminist bankster ruling elites. These banksters are drawn from the Illuminati organizations: Trilateral Commission, Council on Foreign Relations …etc.
  • Do not be taken for a ride by all the play acting of German, French … politicians who appear to oppose plans for more power to be given to the ECB, Eurobonds, more fiscal integration, more loss of sovereignties, more centralization of power to the EU parliament … etc. These politician snakes are all part of the Illuminist organization. They are just play acting in the political theatre to CYA (Cover your/their Ass).
  • It is about offering a token opposition to defuse much of the opposition towards the Illuminist plan. When the sheeple see a politician voicing the sheeple’s opposition and concerns, the sheeple generally go back to sleep after that. After all, in their mind, they think they have someone protecting their interest! This is of course not true and what the Illuminists want. Alot of appearance of (controlled) opposition by politician snakes but no conrete actions!

    Italy is stitched up by central bankers – hit with new loan sharking rates 
    by Patrick Henningsen,
    As the old adage goes, “He who has the gold makes the rules”. Today, all you need to make the rules is the power to print fiat paper.

    In this new era of euro bailouts and banker-induced austerity measures, there can be only one true winner. Led by its unelected gray technocrat and central banking stooge, ‘Super Mario’ Monti, the Italian people have been summarily marched down the economic plank with a blindfold on.

    Similarly, Greece has also been put under forced banker-led administration, as avuncular technocrat Lucas Papademos is presented to Greeks as the man who will restore ‘national unity’. The truth behind these high-powered banking clerks is something much more insidious.

    As if Brussell’s IMF-style third world austerity measures were not enough, Italy has now been forced to pay circa 7.814% to raise two billion euro in two-year bills. That rate is nearly double the 4.628% it had to pay during its last fund-raising auction.

    The technocrats have told Italy that the reason their interest rates for borrowing are so high, is that Italians need loan-shark level interest rate in order to… “attract investment”. Doesn’t really sound like investment they are talking about, but more loans. In reality it’s an economic takeover in the works.

    Based on the current dismal growth projections for Europe, and for Italy itself, it is mathematically impossible for Italy to ever pay off the new debts it is now piling up in order to tread water inside this new inflationary Eurozone. This latest planned economic crisis is also the first step in eliminating Italy’s middle class, a trend which will be replicated throughout growth-starved Southern Europe.

    And it gets worse for Italy, as other new reports are suggesting that the International Monetary Fund (IMF) are organising a new €600 billion ‘assistance package’ for the Italians.

    Permanently sitting on the Eurozone fence are countries like Britain, whose politicians often tout their seemingly neutral position with regards to the EU’s single currency, but many are unaware that any European IMF rescue packages will be partly underwritten by British taxpayers, leave them liable if Italy, Spain, Greece, Portugal or Ireland are unable to repay the IMF loan. The London Telegraph reported yesterday:

    Britain provides 4.5 per cent of the IMF’s funding and would, therefore, face a potential liability to an Italian package of up to €27 billion (£23 billion).

    An IMF rescue package involves a country being offered hundreds of billions of euros in return for agreeing to launch a major austerity programme to cut spending. A credit line is a more flexible arrangement which gives countries short term access to international finance.

    Italy and Spain are likely to be forced to accept some international help as the cost of their debts has risen to unsustainable levels of about seven per cent.

    (…) Under the scheme set to be discussed, the euro area’s European Financial Stability Facility (EFSF), would have to “insure” bonds of troubled countries by covering the first 30 per cent of any unpaid debts.

    To offer this guarantee, the European bail-out fund would have to be able to raise €1.4 trillion – a threefold increase compared to the current size of the scheme.

    Let us not forget that it was only weeks ago that Europeans were told by its ‘expert’ technocrats that a 50-60 billion euro bailout was enough.

    … for more click here!


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Al-Qaeda Terrorists Airlifted From Libya to Aid Syrian Opposition!

“Military men are dumb, stupid animals to be used as pawns for foreign policy.” ~ Henry Kissinger (Committee of 300). Picture source:

  • Al Qaeda is really just a marketing phrase used to label any terrorists, mercenaries, dis-enfranchised group of people … willing to resort to violence to achieve their aim. Al Qaeda is a CIA creation. It is used as a meme for fear and hate mongering. The real masterminds, organizations, planning, financing … behind these terrorists groups are western Illuminist intelligence agencies ie. CIA, MI6, Mossad …!
  • It is a genocidal game of creating an enemy so that the Illuminists have an excuse to invade other countries. The real war is hidden behind subtlety and deception. It is a war against all humanity by the Illuminist globalists out to conquer the world to establish their Luciferian New World Order!

    Al-Qaeda Terrorists Airlifted From Libya to Aid Syrian Opposition 
    by Paul Joseph Watson
    The same Al-Qaeda terrorists who fought U.S. troops in Iraq and helped NATO overthrow Colonel Gaddafi are now being airlifted into Syria to aid rebels there in toppling President Bashar al-Assad.

    Libya’s transitional ruling authority has agreed to send weapons and fighters over to Syria to help the Free Syrian Army fight government forces. “There is something being planned to send weapons and even Libyan fighters to Syria,” a Libyan source told the London Telegraph, speaking on condition of anonymity. “There is a military intervention on the way. Within a few weeks you will see.”

    In a separate piece, the Telegraph also reports that terrorist commander Abdulhakim Belhadj, now head of the Tripoli Military Council, “met with Free Syrian Army leaders in Istanbul and on the border with Turkey,” after being sent there by Mustafa Abdul Jalil, the interim Libyan president.

    A rival Libyan rebel brigade detained Belhadj at Tripoli airport for traveling on a fake passport and threatened to jail him before Jalil stepped in to intervene. “Members of the Free Syrian Army on the borders of Lebanon and Turkey denied rumours circulating in Tripoli that “hundreds” of Libyans had tried to cross into Syria,” states the article, amidst other reports that Libyans have already been detained trying to infiltrate the country from the Turkish border.

    As we previously documented, Abdulhakim Belhadj is the former front man for the Libyan Islamic Fighting Group (LIFG), designated as a terrorist organization by the US State Department. Belhadj was captured by the CIA in Malaysia in 2003 and extradited to Libya where Colonel Gaddafi had him imprisoned. Belhadj is a committed jihadist who fought with the Taliban against U.S. troops in Afghanistan. Libyan rebel leader Abdel-Hakim al-Hasidi also admitted that Belhadj’s LIFG fighters were the second-largest cohort of foreign fighters in Iraq, responsible for killing U.S. troops.

    A 2007 West Point report indicated that the Benghazi-Darnah-Tobruk area of Libya is a world capital for Al-Qaeda or mujahideen suicide bomber recruitment. Author Webster Tarpley details this intelligence in his excellent analysis piece, The CIA’s Libya Rebels: The Same Terrorists who Killed US, NATO Troops in Iraq. The West Point report detailed how the LIFG and Al-Qaeda had formed an “increasingly co-operative relationship”.

    Libyan rebels have gone on to impose a “reign of terror” across the country, throwing blacks in concentration camps while torturing and murdering thousands of others before imposing Sharia law. The official Al-Qaeda flag now flies high and proud above Libyan cities as armed gangs roam the streets.

    … for more click here!


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