Socio-Economics History Blog

Socio-Economics & History Commentary

Happy Good Friday And Resurrection Sunday!

  • May God bless you and your family! Have a happy Good Friday and weekend, Resurrection Sunday!

    Isaiah 53:5 New King James Version (NKJV)
    5 But He was wounded for our transgressions,
    He was bruised for our iniquities;
    The chastisement for our peace was upon Him,
    And by His stripes we are healed.


    John 3:16-17 (New King James Version)
    16 For God so loved the world that He gave His only begotten Son, that whoever believes in Him should not perish but have everlasting life. 17 For God did not send His Son into the world to condemn the world, but that the world through Him might be saved.

    John 20:1-18 (New King James Version)
    The Empty Tomb
    1 Now the first day of the week Mary Magdalene went to the tomb early, while it was still dark, and saw that the stone had been taken away from the tomb. 2 Then she ran and came to Simon Peter, and to the other disciple, whom Jesus loved, and said to them, “They have taken away the Lord out of the tomb, and we do not know where they have laid Him.”
    3 Peter therefore went out, and the other disciple, and were going to the tomb. 4 So they both ran together, and the other disciple outran Peter and came to the tomb first. 5 And he, stooping down and looking in, saw the linen cloths lying there; yet he did not go in. 6 Then Simon Peter came, following him, and went into the tomb; and he saw the linen cloths lying there, 7 and the handkerchief that had been around His head, not lying with the linen cloths, but folded together in a place by itself. 8 Then the other disciple, who came to the tomb first, went in also; and he saw and believed. 9 For as yet they did not know the Scripture, that He must rise again from the dead. 10 Then the disciples went away again to their own homes.

    Mary Magdalene Sees the Risen Lord
    11 But Mary stood outside by the tomb weeping, and as she wept she stooped down and looked into the tomb. 12 And she saw two angels in white sitting, one at the head and the other at the feet, where the body of Jesus had lain. 13 Then they said to her, “Woman, why are you weeping?”
    She said to them, “Because they have taken away my Lord, and I do not know where they have laid Him.”
    14 Now when she had said this, she turned around and saw Jesus standing there, and did not know that it was Jesus. 15 Jesus said to her, “Woman, why are you weeping? Whom are you seeking?”
    She, supposing Him to be the gardener, said to Him, “Sir, if You have carried Him away, tell me where You have laid Him, and I will take Him away.”
    16 Jesus said to her, “Mary!”
    She turned and said to Him,[a] “Rabboni!” (which is to say, Teacher).
    17 Jesus said to her, “Do not cling to Me, for I have not yet ascended to My Father; but go to My brethren and say to them, ‘I am ascending to My Father and your Father, and to My God and your God.’”
    18 Mary Magdalene came and told the disciples that she had seen the Lord,[b] and that He had spoken these things to her.

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March 29, 2013 Posted by | Social Trends | , | 2 Comments

Peter Schiff: Cyprus Banks and The End Game is a Huge Crisis! Pull Your Money Out of the Banks!

  • Published on Mar 26, 2013
    http://usawatchdog.com/why-leave-extr…  In the wake of the Cyprus banking crisis, Peter Schiff of Euro Pacific Precious Metals says, “There’s no question a crisis is on its way.  The end game is a huge crisis.”  With that in mind, Schiff says, “Why would you leave any extra money in a bank to get zero percent interest. . . . I think pull your money out, and put it into some kind of investment. . . . anything other than a piece of paper that’s going to lose value.”   Join Greg Hunter as he goes One-on-One with money manager Peter Schiff.

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March 29, 2013 Posted by | Economics | , , , , , , , , , , | 1 Comment

Laurence Kotlikoff: European Bank Runs Could Spread Like Wildfire Due to Cyprus Banks!

  • Published on Mar 24, 2013
    http://usawatchdog.com/i-moved-my-mon…  Economics Professor Laurence Kotlikoff says banking problems in Cyprus “could spread like wildfire throughout Southern Europe and Northern Europe and into the U.S. because we have a banking system that’s built to fail.”   Dr. Kotlikoff also says, “It’s going to happen in the form of a crash in the bond market.  Interest rates are going to skyrocket, and we’re probably going to have high inflation because the government is printing money out the wazoo.”  Join Greg Hunter as he goes One-on-One with Economics Professor Laurence Kotlikoff of Boston University.

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March 29, 2013 Posted by | Economics | , , , , , , , , , , | Comments Off on Laurence Kotlikoff: European Bank Runs Could Spread Like Wildfire Due to Cyprus Banks!

Israeli Terrorism Against America!

Mossad involvement in 9/11.

Mossad involvement in 9/11.

https://socioecohistory.wordpress.com/2010/05/06/is-the-star-of-david-a-jewish-or-biblical-symbol-or-an-occult-satanic-symbol/

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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March 29, 2013 Posted by | GeoPolitics, History | , , , , , , | Comments Off on Israeli Terrorism Against America!

How Khazarian Ashkenazi Jews Invented Modern Terrorism Before 9/11 !

https://socioecohistory.wordpress.com/2010/09/04/hexagram-star-of-david-or-star-of-lucifer/

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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March 29, 2013 Posted by | GeoPolitics, History | , , , , , | Comments Off on How Khazarian Ashkenazi Jews Invented Modern Terrorism Before 9/11 !

Video: Large-Scale Military Drills in Black Sea Following Order from Putin!

  • Published on Mar 28, 2013
    President Vladimir Putin ordered the launch of military exercises in the Black Sea region on Thursday, his spokesperson said. Putin issued the order at 4:00am Moscow time (0000 GMT) as he flew back from an international summit in South Africa, the president’s spokesperson Dmitry Peskov said.

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March 29, 2013 Posted by | GeoPolitics | , , , , | Comments Off on Video: Large-Scale Military Drills in Black Sea Following Order from Putin!

Keiser Report: Plunderball – New Euro Banking Game (E424)!

  • Published on Mar 28, 2013
    In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the PLUNDERBALL games in Europe and how the United Kingdom turned from Aspiration Nation to Asphyxiation Nation. They also talk about the ‘mega-caust’ of the financial markets in which those who worried about their gold being confiscated have now lost their bank deposits instead! In the second half of the show, Max Keiser talks to Mitch Feierstein about the implications to all bank depositors of the confiscation of some funds in Cyprus.

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March 29, 2013 Posted by | Economics | , , , , , , , , , , , , | 3 Comments

Israel Confiscates Private Palestinian Land to Enlarge Checkpoint !

https://socioecohistory.wordpress.com/2011/05/26/ashkenazi-jews-are-not-descendents-of-the-biblical-israelites-2/

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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March 29, 2013 Posted by | GeoPolitics, Social Trends | , , , , , , , , , , | 1 Comment

Israeli Forces Kidnap 6 Palestinians in West Bank!

https://socioecohistory.wordpress.com/2012/12/03/ashkenazis-self-styled-jews-are-not-the-descendants-of-the-ancient-israelites/

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

  • Israeli forces kidnap 6 Palestinians in West Bank! 
    by http://www.presstv.com/ 
    The military forces of the Israeli regime have abducted six Palestinians including five members of the Islamic resistance movement, Hamas, in the occupied West Bank.

    According to reports, the Palestinians were abducted from their homes in the West Bank city of al-Khalil (Hebron) early Wednesday morning. Hamas Member of Parliament Mohammed Jamal al-Natsheh is also among the abductees. Hamas has 74 members in the 132-seat Palestinian Legislative Council.

    Palestinian human rights groups have condemned the abductions, saying the move is aimed at destabilizing the ongoing reconciliation efforts among Palestinian factions.

    The Israeli military regularly raids Palestinians’ houses in the West Bank arresting activists and civilians, mostly without any charges. Many Palestinians remain under detention in Israeli prisons, where they are offered minimal access to their basic rights. Many of the inmates are under so-called administrative detention.

    The administrative detention, often implemented by the Israeli regime against the Palestinian population, is a sort of imprisonment without trial or charge, allowing regime forces to make arrests without formal charges for up to six months.

    However, the detention order can be renewed for indefinite periods of time.
    Palestinian prisoners have been subject to human rights violations such as torture during interrogations by Israeli prison authorities.
http://www.democracynow.org/2013/1/29/the_gatekeepers_in_new_film_ex#.UQf8XvB8aRA.email

Click on image to goto video interview of director Dror Moreh!

“Shalom (Ex ShinBet chief) shocked viewers. He called Israeli occupation no different from Nazi occupied Europe.” – Quote

https://socioecohistory.wordpress.com/2010/05/06/is-the-star-of-david-a-jewish-or-biblical-symbol-or-an-occult-satanic-symbol/

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

“ … 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

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Canada’s Depositor ‘Haircut Provision’ for Important Banks in 2013 Budget ! Stealing from Depositors to Save the Banks?!

1912-wall-street-banksters-cartoon

  • Canada Includes Depositor Haircut Bail-In Provision For Systemically Important Banks in 2013 Budget! 
    by http://www.silverdoctors.com/ 
    Just as DieselBOOM accidentally admitted Monday, it appears that the Cypriot bail-in is anything but a one-off event, and is in fact the new collapse template for the entire Western banking system, and not just the ECB/ Eurozone!

    SD has been alerted to an alarming provision that has been buried deep inside the official 2013 Canadian Budget that will result in depositor haircut bail-ins jumping to this side of the pond during the next bank crisis!

    Titled ECONOMIC ACTION PLAN 2013 and tabled in the House of Commons by Minster of Finance James Flaherty on March 21st, the official 2013 Canadian budget contains an explicit provision that Canada will pursue the bail-in model for systemically important banks for future bank failures!

    Depositor haircuts have just jumped to this side of the pond, effective the next bank crisis/ failure:
    From Page 144: “The Government also recognizes the need to manage the risks associated with systemically important banks—those banks whose distress or failure could cause a disruption to the financial system and, in turn, negative impacts on the economy. This requires strong prudential oversight and a robust set of options for resolving these institutions without the use of taxpayer funds, in the unlikely event that one becomes non-viable.”

    Translated, Without the use of taxpayer funds means via depositor funds.

    And the meat of the provision, from Page 145:

    The Government proposes to implement a bail-in regime for systemically important banks. This regime will be designed to ensure that, in the unlikely event that a systemically important bank depletes its capital, the bank can be recapitalized and returned to viability through the very rapid conversion of certain bank liabilities into regulatory capital.

    This will reduce risks for taxpayers. The Government will consult stakeholders on how best to implement a bail-in regime in Canada. Implementation timelines will allow for a smooth transition for affected institutions, investors and other market participants…

    Confiscating wealth from depositors will reduce risks for taxpayers???  Only those with 100% of their assets in physical gold and silver, or those Canadian depositors who are somehow not also taxpayers perhaps!

    The bail-in provision in Canada’s 2013 budget can be found on pages 144,145: www.budget.gc.ca/2013/doc/plan/budget2013-eng.pdf

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March 29, 2013 Posted by | Economics | , , , , , , , , | Comments Off on Canada’s Depositor ‘Haircut Provision’ for Important Banks in 2013 Budget ! Stealing from Depositors to Save the Banks?!

Cyprus has Finally Killed Myth that EMU is Benign!

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9957999/Cyprus-has-finally-killed-myth-that-EMU-is-benign.html

Click on image for article!

  • Cyprus has finally killed myth that EMU is benign! 
    by , http://www.telegraph.co.uk/ 
    The punishment regime imposed on Cyprus is a trick against everybody involved in this squalid saga, against the Cypriot people and the German people, against savers and creditors. All are being deceived.

    It is not a bail-out. There is no debt relief for the state of Cyprus. The Diktat will push the island’s debt ratio to 120pc in short order, with a high risk of an economic death spiral, a la Grecque.

    Capital controls have shattered the monetary unity of EMU. A Cypriot euro is no longer a core euro. We wait to hear the first stories of shops across Europe refusing to accept euro notes issued by Cyprus, with a G in the serial number.

    The curbs are draconian. There will be a forced rollover of debt. Cheques may not be cashed. Basic cross-border trade is severely curtailed. Credit card use abroad will be limited to €5,000 (£4,200) a month. “We wonder how such capital controls could eventually be lifted with no obvious cure of the underlying problem,” said Credit Suisse.

    The complicity of EU authorities in the original plan to violate insured bank savings – halted only by the revolt of the Cypriot parliament – leaves the suspicion that they will steal anybody’s money if leaders of the creditor states think it is in their immediate interest to do so. Monetary union has become a danger to property.

    One can only smile at the denunciations of Eurogroup chief Jeroen Dijsselbloem for letting slip that the Cypriot package is a template for future EMU rescues, with further haircuts for “uninsured deposit holders”.

    read more!

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March 29, 2013 Posted by | Economics | , , , , , , , , , , | Comments Off on Cyprus has Finally Killed Myth that EMU is Benign!

Buchheit On Cyprus: “The Situation Is Spiralling Down”, And Why A Second Bailout May Be Needed ! Slovenia Next? Who Else ?? Then Spain & Italy??

  • Buchheit On Cyprus: “The Situation Is Spiralling Down”, And Why A Second Bailout May Be Needed! 
    by Tyler Durden, www.zerohedge.com
    When the world’s leading expert on Sovereign debt restructurings believes that the endgame for Cyprus might be another round of restructuring, adding that “I’m not sure this is over,” it is important to listen. With the calmness in Cyprus today more reflective of paralysis than confidence,  Lee Buchheit senses that the parameters of how much money will be needed to recapitalize the banks have changed. He tells Bloomberg TV’s Lee Pacchia in this brief clip, “the situation is spiraling down… they’ll need more money because the economy is worse, tax collections less, deposits will flow out when they can flow out.” As for which European nation will be next in need of assistance with its sovereign debt burdens? Buchheit agrees with us that while many are looking to Slovenia, he sees real economic and political problems in both Italy and Spain remaining especially since the EU “have certainly changed the rules of the game.”

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March 29, 2013 Posted by | Economics | , , , , , , , , , , , , , | Comments Off on Buchheit On Cyprus: “The Situation Is Spiralling Down”, And Why A Second Bailout May Be Needed ! Slovenia Next? Who Else ?? Then Spain & Italy??

Egon von Greyerz: What We Are Now Seeing Is Unprecedented In World History!

implosion_demolition_DesertInn

  • What We Are Now Seeing Is Unprecedented In World History! 
    by www.kingworldnews.com
    Today Egon von Greyerz warned King World News that the chaos we are seeing right now is unprecedented in world history.  Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, also cautioned “The confluence of these cycles will cause unimaginable turmoil in the future.”  Below is what Greyerz had to say in this remarkable interview: 

    Eric King:  “Clearly the banks have reopened in Cyprus, your thoughts in the aftermath of all of this?”

    Greyerz:  “Eric, they have opened, but the problem is still there.  Banks still don’t have enough money.  The package which has been put forward by the Troika is not going to last.  If they ever, which they might not, lift the exchange controls and restrictions on Cyprus banks, then we will see a run on the banks again….
    ….
    So the panic will be of a magnitude that no one can understand today.  This will lead to destruction of paper currencies.  It will also lead to precious metals going up dramatically as they will ultimately reflect the destruction of the paper currencies.

    ….
    Eventually the current system will implode, and we will see a dramatic lowering of the standard of living.  Before that time you will have social unrest, war, cyberwars, etc.  But you will have massive suffering.  So, sadly we are entering very difficult times.  It could take decades of turmoil.  Remember, the Dark Ages after the fall of the Roman Empire lasted 500 years.

    read more!

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Jim Sinclair: The Most Dangerous & Potentially Fatal Gamble In History!

The_perfect_storm_by_Methevas

  • The Most Dangerous & Potentially Fatal Gamble In History! 
    by www.kingworldnews.com
    Today Jim Sinclair warned King World News that what we are witnessing right now is one of the most dangerous and potentially fatal gambles in history.  Below is what Sinclair, who was once called on by former Fed Chairman Paul Volcker to assist during a Wall Street crisis, had to say.

    Eric King:  “Jim, what is your biggest takeaway at this moment in the aftermath of all of this chaos and the Cyprus banks reopening?”

    Sinclair:  “There is a public relations campaign that is gaining momentum in the amount of articles being published by brokerage firms, commentators, and newspapers.  There is now a definite desire to communicate to the public that there may be a chink in the armor of ‘too big to fail.’ 

    The message is that depositors may be considered as lenders, whereby their deposits will be taken in exchange for shares in the banks or financial institutions, rather than what’s happened up to now which is their deposits have been guaranteed by the bailouts. It’s a scare tactic, but it is having an impact because it’s growing….
    …..
    So the catastrophic danger here is if the central planners fail they will have totally run out of tools and this thing will implode because they will have inherently weakened the banking system at the most inopportune time.  This is one of the most dangerous and potentially fatal gambles in history.”


    read more!

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March 29, 2013 Posted by | Economics | , , , , , , , , , , , , , , , | Comments Off on Jim Sinclair: The Most Dangerous & Potentially Fatal Gamble In History!

Jim Rogers: “Get Your Money Out of The Banks! They’re Going To Loot It !”

March 29, 2013 Posted by | Economics | , , , , , , , , , , | Comments Off on Jim Rogers: “Get Your Money Out of The Banks! They’re Going To Loot It !”