Socio-Economics History Blog

Socio-Economics & History Commentary

Panetta Says Israel Could Strike Iran in Spring!

Be careful of all the Zionist propaganda to drive us to war with Iran!

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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Infowars Nightly News: New False Flag! U.S. Intel Director Prepares Public!

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Fritz Springmeier: The Illuminati – A Global Religious War Against All Humanity!

  • Bloodlines of The Illuminati 
    This 624-page, large format book is a literal encyclopedia of rare, unbelievable information that exposes the dynasties that make up the global elite.

    Who really controls world events from behind-the-scenes? Bloodlines of the Illuminati answers the questions and provides a devastating exposé of the people and families who are the movers and shakers of the entire world. Years of extensive research and investigation have gone into this massively documented work which is rich in detail. Includes photos, illustrations, charts and membership lists to the most elite secret societies in the world.

    Author Fritz Springmeier discloses mind-boggling facts and never before revealed truths about the top Illuminati dynasties. Discover the amazing role these bloodlines have played, and are now wielding, in human history with family names such as Astor, DuPont, Kennedy, Onassis, Rockefeller, Rothschild, Russell, Van Duyn and Krupp. You will also learn of the secretive Chinese Li family, which operates with impunity in the U.S. and around the world. Along the way you will find out why President John F. Kennedy and actress Grace Kelly were killed, who created the United Nations, who controls the two major U.S. political parties, how the Rothschilds invented and control modern-day Israel, who secretly founded false religions such as the Jehovahs Witnesses and much, much more.

    This is the third and latest edition of this book. The author has added over forty pages of information to his previous work.
  • 624 Pages
  • Released January 07
  • Published by Pentracks Publications
  • ISBN: 978-0972792929
  • Softcover
  • Author: Fritz Springmeier
  • Measures: 10.25 x 7.5 x 1.25 inches

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February 3, 2012 Posted by | EndTimes, GeoPolitics, History | , , , , , | Comments Off on Fritz Springmeier: The Illuminati – A Global Religious War Against All Humanity!

Alex Jones: Reign of The Luciferian Psychopaths!

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Jim Rogers on Ben Bernanke, The Dollar And “Saving The Saver”!

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US Intel Scapegoats Iran Retaliation!

  • I do not believe that the Iranians have the resources or reach to organize any serious terror threats in America. If they have, they would have done so in retaliation for the covert war for the past few years. My guestimate would be 90+% of terrorist incidents that are coming are false flag attacks by the Illuminist western shadow government on their own people. The rest are probably isolated dis-enfranchised individuals. Iran does not have any credible terrorist network in the west nor are they known to employ such tactics. The real terrorist network is owned/controlled by western Illuminist intelligence agencies: CIA, Mossad, MI6 … etc. Do not be taken for a ride. It is a psyop, war propaganda to get the sheeple behind the coming war! All wars are based on deception – Sun Tzu!

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The Dirty History of Promoting “Democracy”!

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China And Russia Refuse Regime Change for Syria!

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Joseph Farrell: Genes, Giants, Monsters And Man!

Genes, Giants, Monsters, and Men: The Surviving Elites of the Cosmic War and Their Hidden Agenda!

February 3, 2012 Posted by | History | , , | Comments Off on Joseph Farrell: Genes, Giants, Monsters And Man!

Israeli Soldiers Drive Tractor Over Worker’s Legs To Stop Palestinians From Building a House on Their (Occupied) Lands!

  • May God bless Philip Weiss and people like him!

    Israeli soldiers drive tractor over worker’s legs to stop Palestinians from building a house on their (occupied) lands! 
    by , http://mondoweiss.net/ 
    Today is the Sabbath, and I pray with all my heart that all American Zionists see the pictures below and tell me how an ideology of Jewish separatism that has deprived several million Palestinians of any rights can be justified in today’s world.

    Two days ago a brave and noble Palestinian man, pictured below– we don’t know his name– was building a house in the occupied West Bank when Israeli soldiers told the Palestinians they could not build on their land. The village is al-Dirat near Hebron– Area C, under Israeli control.

    The man refused to move. The Israeli army drove a tractor over his legs. The tractor belonged to the Palestinians. The Israeli army had seized it. The man was hospitalized. More information is here. The photos are by Hazam Bader of AFP.

“ … it turns out the creation of Israel had not, after all, been a haphazard fight in which the Arabs fled their homes at the directives of their own leaders, but it had been an unprovoked, systematic campaign of ethnic cleansing by the Jewish militia involving massacres, terrorism and the wholesale looting of an entire nation.” from 4:22 onwards

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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February 3, 2012 Posted by | GeoPolitics, Social Trends | , , , , , , | Comments Off on Israeli Soldiers Drive Tractor Over Worker’s Legs To Stop Palestinians From Building a House on Their (Occupied) Lands!

NATO’s Grissly Crimes in Libya: Extensive Evidence that NATO Deliberately Targetted Civilians!

  • Most people have a rather warped perception of reality. Their definition of right and wrong have been messed up by the Illuminist MSM war propaganda. “We are Americans and they are our enemies. So we must do whatever is needed to get rid of the enemies!” What the sheeple do not understand is that the Muslim people are not our enemies. 9/11 was an inside job! Murder is still murder regardless who does it. The MSM will demonize and dehumanize “enemies” so that in the eyes of the sheeple, killing them is more acceptable. It is all a psyop by the Illuminists to get one group of sheeple to kill another group of sheeple.
  • God does not teach me to hate and kill Muslims, Jews or anybody. The commandments are: Love God, love your fellowmen and even your enemies and preach the Gospel of Jesus Christ, the Blessed Son of God, make disciples. Where does it say: arm yourself to the teeth to kill Muslims or anybody? Do not get involve in any of these Illuminist generated wars. Do not be a useful idiot serving the machinations of Satan. Via subtlety and deception they get you to violate the commandments of God !

    NATO’s Grissly Crimes in Libya: Extensive Evidence that NATO Deliberately Targetted Civilians 
    by Farirai Chubvu, http://globalresearch.ca/
    While Charles Ray – the US envoy here [Zimbabwe] – portrays himself as the face of the free world, a champion of human rights and democracy, and has been vociferous about his country’s role in the Libyan invasion, it turns out that just like Vietnam and other illegal wars before it, Libya is turning into a major embarrassment for Uncle Sam.

    A report released last week by human rights groups in the Middle East presents extensive evidence of war crimes carried out in Libya by the United States, NATO and their proxy “rebel” forces during last year’s invasion, that culminated in the murder of Colonel Muammar Gaddafi.

    The “Report of the Independent Civil Society fact-finding Mission to Libya” presents findings of an investigation carried out last November by the Arab Organisation for Human Rights, together with the Palestinian Centre for Human Rights and the International Legal Assistance Consortium.

    Based on interviews with victims of war crimes as well as with witnesses and Libyan officials in Tripoli, Zawiya, Sibrata, Khoms, Zliten, Misrata, Tawergha and Sirte, the report calls for the investigation of evidence that NATO targeted civilian sites, causing many deaths and injuries.

    Civilian facilities targeted by NATO bombs and missiles included schools, government buildings, at least one food warehouse, and private homes.

    The report also presents evidence of systematic murder, torture, expulsion and abuse of suspected Gaddafi loyalists by the NATO-backed “rebel” forces of the National Transitional Council. It describes the forced expulsion of the mostly black-skinned inhabitants of Tawergha and the ongoing persecution of sub-Saharan migrant workers by forces allied to the NTC and its transitional government.

    The investigators report savage and repeated beatings of prisoners held without trial or charges, the summary execution of pro-Gaddafi fighters, and witness reports of “indiscriminate and retaliatory murders, including the ‘slaughter’ (i.e., throat slitting) of former combatants.”

    The report exposes the human rights and democratic pretexts employed by the US, France, Britain and their NATO accomplices to carry out a colonial-style war of conquest. It makes clear that UN Security Council Resolution 1973, imposing a “no-fly zone” and arms embargo on Libya supposedly to protect civilians from repressive actions by Muammar Gaddafi, was in fact used to carry out a ruthless air war waged in co-ordination with “rebel” forces on the ground.

    The report suggests that soon after the outbreak of anti-Gaddafi protests in Benghazi and other cities, opposition forces were receiving training from Western armed forces as well as weapons from NATO powers and allied Arab states. Opposition to Gaddafi that erupted last February following the fall of Mubarak in Egypt was rapidly taken into hand by the US, France, Britain and their agents within Libya to launch a pro-imperialist invasion.

    As the report states: “From first-hand information available to the Mission, and secondary sources, it appears that NATO participated in what could be classified as offensive actions undertaken by the opposition forces, including, for example, attacks on towns and cities held by Gaddafi forces.

    … for more click here!

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Petrodollar Pumping US Policy on Iran, Backfire Looms!

  • The coming war on Iran has nothing to do with Iran having nuclear bombs. They don’t. It is a lie propagated why the Anglo-American-Zionist western ruling cabal on the sheeple. Even if Iran proves another 100 times they do not have nuclear weapons or want to have a nuclear weapons program, the war will still continue. The Illuminist western power will lie their way into an illegal war of aggression much like they did for Iraq and Afghanistan.
  • It is really about global monetary hegemony. Iran has broken their rule of only selling oil in USD. The petrodollar hegemony is what underpins the western Illuminati’s global currency hegemony. If oil is sold in any other currency or gold, it means that countries all over the planet no longer need to hold the USD. This petrodollar demand is the mechanism which artificially supports the USD by creating demand for it. When it falls, the USD will collapse! Thus, all the war mongering by US and Israel. (emphasis mine)

    Petrodollar pumping US policy on Iran, backfire looms! 
    by Michael T Winter, http://rt.com/ 
    As tensions between the US and Iran heat up, author Michael T. Winter believes the main reason behind America’s harsh stance is Tehran’s move to seek an alternative to the dollar as an oil currency.

    ­Economic sanctions, spearheaded by the US and, less willingly, the EU could have a disastrous effect on both of their respective economies. If Iran cannot sell their oil to Europe, there are plenty of customers waiting in the wings, and if they come bearing not petrodollars, but gold and sovereign currencies, then all the better for Iran. These sanctions, if enforced, will in effect place a serious dent in the power of the petrodollar.

    Any rhetoric regarding Iran’s nuclear program and the insistence on crippling it is nothing more than a US attempt to force regime change for one more receptive to maintaining the hegemony of the petrodollar.

    The world now knows the truth about the US and how they conduct their affairs. US hostilities toward Iran have nothing to do with nuclear weapons development. If that were the case, then North Korea and Pakistan would be facing similar sanctions and threats, but they aren’t. The difference of course is in what lies beneath the ground – oil. Iran has it and the other guys don’t.

    At the heart of the issue is not Iran’s dubious attempt to build nuclear weapons, or even oil, but how that oil is paid for. In 1973, Richard Nixon promised King Faisal of Saudi Arabia that the US would protect Saudi Arabian oilfields from any and all interested parties seeking to forcefully wrest them from the House of Saud. It’s important to remember that in 1973, Saudi Arabia didn’t have a fraction of the military and ground forces it possesses today (almost exclusively US manufactured weapons) and the USSR was very much a threat.

    In return Saudi Arabia, and by extension OPEC, agreed to sell their oil in US dollars only. As if that weren’t sweet enough, as part of the deal, they were required to invest their profits in US treasuries, bonds and bills. The real zinger is that all countries purchasing oil from OPEC had to do so in US dollars, or ‘petrodollars’.

    This strengthened the US dollar, resulting in a steady US economic growth cycle throughout the 80’s and 90’s. Countries purchasing OPEC oil started buying US treasury bills, bonds and securities to ensure they could continue purchasing OPEC oil. This worked fine for the US until 2001. No plan, however well formulated, functions smoothly indefinitely.

    2001, enter Saddam Hussein. He floated a plan to sell oil for European currencies in lieu of petrodollars. Shortly after Iraq was ‘suddenly’ found to be seeking and stockpiling weapons of mass destruction – allegations spearheaded by the US. The world knows what happened, suffice it to say that Saddam is dead and Iraq is ‘back on track’, selling its oil for petrodollars once again.

    Muammar Gaddafi harbored the Lockerbie Bombers and allowed various terrorist organizations establish training camps in Libya. He tried to buy a nuke from China in 1972. In 1977, he approached Pakistan, then India. He sought nerve gas from Thailand. In spite of well over fifty failed assassination attempts on Gaddafi by Israel, the US and the UK, Libya was left to its own devices for the most part. Seeking nukes and harboring terrorists is one thing, but threatening the petrodollar is quite another. Gaddafi made a fatal error when he decided to move away from the petrodollar in favor of other currencies. This simply was not tolerated by the US. Having already played the WMD card in Iraq, something new was pulled from the US ‘regime change’ grab bag. Within a year, ‘internal’ elements rose up in rebellion against Gaddafi and now he is dead. Long live the petrodollar.

    Dominique Strauss-Kahn, former head of the International Monetary Fund (IMF), suggested last year that the Euro would be a more suitable oil reserve currency than the US Dollar. Within three months of that statement, allegations of rape ruined his career, derailing his bid for the French Presidency in the process. Soon thereafter, all charges were dropped, but of course, le dommage était fait – the damage was done. Christine Lagarde, DSK’s replacement as head of the IMF sees no reason to change the current arrangement, naturellement.

    The Iran situation is a little trickier. The US has sought to dismantle Iran’s regime ever since the 1979 Iranian Revolution, so this round of hostilities, while not new, reflects a new level of intensity. Why, after thirty years of hostility, has the US ratcheted up its rhetoric? As Obama stated in his recent State of the Union address, when it comes to Iran and the insistence they dismantle their nuclear program, “no options are off the table”. By stating ‘no options’ this would include nuclear deployment as a deterrent.

    The answer of course is that Iran is now seeking to disengage itself from the petrodollar dynamic. In 2005, Iran sought to create an Iranian Oil Exchange, thus bypassing the US controlled petrodollar. Fear that western powers would freeze accounts in European and London banks put an end to that plan.

    But that was not the end of their attempts, and Iran sought other ways to get around the petrodollar noose. There are rumors that India, which imports 12% of their oil from Iran, has agreed to purchase oil for gold. Energy trade with China, importing 15% of its oil and natural gas from Iran may be settled in gold, yuan, and rial. South Korea plans to buy 10% of their oil from Iran in 2012, and unless Seoul sides with American and European sanctions, it is likely to use gold or their sovereign currency to pay for it. Also, Iran is already dumping the dollar in its trade with Russia in favor of rials and rubles.

    Iran is breaking the back of the petrodollar. Others have tried, but Iran is succeeding. To understand how disastrous this is for the US, one must have a basic understanding of how critical a role the petrodollar plays in the economic health of the US.

    Through King Faisal, Nixon elevated the US to supreme economic ascendency, not unlike Damocles in his desire to rule. Sitting on the (economic) throne of the world is great, but Nixon was either unaware of the sword dangling over the US economic system, or chose to ignore it in favor of reaping the rewards of the moment.

    By creating the petrodollar paradigm, the US economy soared, as all countries of the world were required to amass US currency to purchase oil from OPEC nations. Sales of T-bills, securities and US bonds soared. US coffers fattened. With the US dollar as the world’s oil currency reserve, economic fortune favored the US. But with great reward comes great risk. While other countries exchanged their currency for the dollar, (forfeiting value in the process) the US simply printed more money to match their needs and purchase their oil – essentially for free. The best example is that while gasoline in the US cost $3.00 per gallon, in Europe that same gallon costs $6.00 or more.

    Herein lies the danger. If Iran is successful in its bid to set up their own bourse, or oil exchange, then what need does the world have for all those US dollars? The answer is none at all. As Iran creating gold and sovereign currency partnerships with India, China, South Korea and Russia, the hegemony of the petrodollar will be destroyed.

    The resulting sell-off of US dollars, T-bills, securities, bonds and assets will flood the already swollen world economy with even more useless dollars, ultimately devaluing it into a position where hyper-inflation becomes a risk.

    So, while the US government sabre-rattles and prattles on and on about nuclear weapons and the threat Iran poses to the Middle East, the thin veneer of lies spouted by the elite controlled media is being stripped away, revealing the truth of their warmongering rhetoric.

    The US, by their foolish insistence on enforcing embargoes and sanctions against Iran, is hastening the end of the petrodollar and ushering in the age of US dollar hyper-inflation. A practical example: One loaf of bread in a healthy economy is $1.00. In an inflationary economy it’s $1.75. In a hyper-inflationary economy, $500.00. Bullies may be large and dangerous, but rarely are they intelligent.

    Damocles wisely vacated the throne of Dionysius before the sword fell upon his head, but the US is foolishly refusing to step down from their economic dais in spite of the catastrophic effect current policy direction will mean for US citizens and the world economy.

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February 3, 2012 Posted by | Economics, GeoPolitics, History | , , , , , , , , , , , , | Comments Off on Petrodollar Pumping US Policy on Iran, Backfire Looms!

Paul C. Roberts: The American Economy is “Dead”! The Illusion of Economic Recovery!

Dr. Paul Craig Roberts is the father of Reaganomics and the former head of policy at the Department of Treasury. He is a columnist and was previously an editor for the Wall Street Journal. His latest book, “How the Economy Was Lost: The War of the Worlds,” details why America is disintegrating.

  • The American MSM persists in selling delusional recovery stories. You have to look at the details to see that even the manipulated statistics can no longer hide the true situation.

    The American Economy is “Dead”: The Illusion of Economic Recovery! 
    By: Paul Craig Roberts, http://www.paulcraigroberts.org/ 
    Last Friday the US Bureau of Economic Analysis announced its advance estimate that in the last quarter of 2011 the economy grew at an annual rate of 2.8% in real inflation-adjusted terms, an increase from the annual rate of growth in the third quarter.

    Good news, right? Wrong. If you want to know what is really happening, you must turn to John Williams at www.shadowstats.com. What the presstitute media did not tell us is that almost the entire gain In GDP growth was due to “involuntary inventory build-up,” that is, more goods were produced than were sold. Net of the unsold goods, the annualized real growth rate was eight-tenths of one percent.

    And even that tiny growth rate is an exaggeration, because it is deflated with a measure of inflation that understates inflation. The US government’s measure of inflation no longer measures a constant standard of living. Instead, the government’s inflation measure relies on substitution of cheaper goods for those that rise in price. In other words, the government holds the measure of inflation down by measuring a declining standard of living. This permits our rulers to divert cost-of-living-adjustments that should be paid to Social Security recipients to wars of aggression, police state, and banker bailouts.

    When the methodology that measures a constant standard of living is used to deflate nominal GDP, the result is a shrinking US economy. It becomes clear that the US economy has had no recovery and has now been in deep recession for four years despite the proclamation by the National Bureau of Economic Research of a recovery based on the rigged official numbers.

    … for more click here!

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Survey of Banks Shows a Sharp Cut in Lending in Europe!

  • The Eurozone is sliding into a depression. Only Germany appears to be doing ok.

    Survey of Banks Shows a Sharp Cut in Lending in Europe! 
    By , http://www.nytimes.com/ 
    FRANKFURT — Banks in the euro area cut lending sharply at the end of 2011, according to data published Wednesday, raising concern that Europe was on the verge of a credit crisis that could lead to a deeper recession than expected.

    A quarterly survey of commercial banks by the European Central Bank showed a surge in the number of institutions that were becoming more restrictive about who they lent to, because the banks themselves were having trouble raising money and were under pressure from regulators to reduce risk.

    The survey, which covered the last three months of 2011, provided more evidence of the harmful effect that the sovereign debt crisis was having on the banking system. It also somewhat validated the European Central Bank policy of providing big emergency loans to euro area banks in an attempt to stave off a full-blown lending drought.

    “A credit crunch would tip the euro zone back into a severe recession,” Marie Diron, an economist who advises the consulting firm Ernst & Young, said in a statement.

    … for more click here!

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February 3, 2012 Posted by | Economics | , , , , , , | Comments Off on Survey of Banks Shows a Sharp Cut in Lending in Europe!

German-IMF Rift Stalls Greece Deal !

  • The PSI (private sector investors) debt negotiations for Greek debt will certainly not go well. If PSI accepts a 70% haircut voluntary debt restructuring, the ISDA (International Swaps and Derivatives Assoc.) will declare that Greece has not defaulted. Thus, all the 5 major banks which sold the CDS (insurance against default) need not pay out any insurance claims. These are the banks which essentially own/control the ISDA. So why would any PSI agree to such a deal? They stand to lose enormously.
  • The sane/sound strategy is to reject any compromise, haircut …. and force a hard default by Greece. Then, the ISDA will have no choice but to accept a default credit event has occurred and the banksters will have to pay out on all the CDS claims! Thus, the PSI will be made whole on their debts and more! Why would any PSI accept losses when the ECB and IMF are exempt from it? Do not buy into all the MSM talk that a deal is imminent. I don’t think so!

    German-IMF Rift Stalls Greece Deal ! 
    By STEPHEN FIDLER, http://online.wsj.com/
    BRUSSELS—A long-awaited agreement to restructure more than €200 billion ($262 billion) of Greek government bonds in private hands is being held up in large part by big differences between two of Greece’s official creditors: the International Monetary Fund and Germany.

    Several people close to the negotiations say a deal between Greece and private bondholders could be concluded in hours, as only small differences remain between the two sides. But the rift between the IMF and Germany—on top of a desire among all official creditors to secure a solid commitment from Greek politicians across the political spectrum to big changes in the economy’s structure—has delayed final completion of the accord.

    The gap between Germany and the IMF, central players in the decision on a new bailout for Greece, reveals a fundamental divergence in their approach to reducing Greece’s huge debt burden.

    The IMF has argued, increasingly vociferously, that cutting the face value of the €200 billion of Greece’s debt in private hands won’t be enough to reduce the government’s debt to the official target of 120% of gross domestic product by 2020—a goal many analysts consider not ambitious enough.

    … for more click here!

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February 3, 2012 Posted by | Economics | , , , , , , , , | Comments Off on German-IMF Rift Stalls Greece Deal !