Monday, November 15, 2010
"Something needs to be done about Bernanke". No Kidding
Weimark Republic also went through a nice growth phase that was masking hyperinflation.
Then hyperinflation exploded like Taleb's spilled Ketchup analogy.
The currency went into a confidence crisis collapse.
And Germany started a World War within the next decade.
The same thing is happening here except very few of those cheering the quantitative easing have any idea.
They are busy worshiping the Golden Calf on Wall Street.
There are forces in play that are pushing towards the complete collapse of the United States as we know.
There are always unintended blow back events to every type of policy.
The United States will not stand around for more than a decade and watch itself marginalized by a hyperinflationary collapse of its monetary base.
There are several theories as to why a collapse of the United States is needed.
The US is the #1 Military/Police Power in the World. That is a threat to those that are in competition in this economic World War.
The US, with only 5% of the World's population, is consuming 30% of the World finite resources.
This is an obvious threat to other World Powers, including a growing threat from 1.3 Billion person China.
Then there are the Global Controllers who feel this is their planet to run and would feel more secure with a 90% reduction of the Earth's population.
The unveiling of the charade that is this endless money printing response to continuing Global financial collapse seems to be a misdirection play from some greater threat/upcoming event....
To say something is not right with the World today is an understatement.
Thursday, November 04, 2010
Ben The Butcher: The Final Moral Hazard
Ben Bernanke, You have blood on your hands.
Have you no shame? Or a shred of decency or a single ounce of humanity in your hollow heart?
Your Private Cartel's policies have led to a 15% decline in the dollar in the last couple of months and a recently never before seen daily decline of 1-2% just this week.
About 2 billion of the world's poor barely survive on less than $2 a day.
Your destructive monetary policy towards the world's only reserve currency will be responsible for the starvation death of more people than all the combined Tyrants of Earth's stained History.
That's right!
Your legacy will be that of the butcher point man for a group of heartless people who are willingly committing mass genocidal starvation of up to 2 billion people while making the rest destitute serfs.
Your intentions for a Wealth Effect catalyst in flooding the Stock and Bond markets with cheap money are backfiring and will lead to a cataclysmic world wide famine.
There are many ways you could have helped the US economy recover.
Your choice of cynically attempting to inflate one last bubble in the markets speaks of your utter contempt for the billions of suffering human beings that are hopelessly trapped at the bottom end of society.
Instead of spending 12 trillion! in a bid to save the den of vipers and thieves known as the Banking cartel that owns your FED and controls you as their puppet point man, you could have used only 4 trillion! to buy all the mortgages in this country and even offer the rest of the citizenry a chance at a free home.
Your thinking is: Why would you do this for everyone and take away the biggest obstacle that is in effect their primary form of economic bondage.
You would term this as a Moral Hazard.
I have news for you: You have become a Moral Hazard and your reckless monetary policies will make you the Final Moral Hazard.
There are economic forces at work that are way beyond your vanity and your capability in fighting them.
Your actions can only do one thing: make things worse.
You have chosen to destroy the purchasing power of everybody and the poor completely.
The poor and working poor barely have enough money to buy food and clothes, let alone shelter. They have no discretionary money to put in play with your stock market casino buddies in hope of riding the wealth effect pump that you misguidedly attempting to shove down everybody's throat.
They're the ones that make up the majority of the 22% unemployed in this country.
You know that your policies cannot help them but they can kill them.
You are smart enough to know that it will not work.
It can only destroy the purchasing power of the US dollar and rob away the life of those that use it as primary form of what little currency they possess.
This is not Zimbabwe or Brazil or Argentina.
There is no reserve currency to turn to as one's currency is being debased to pay off debt. You are debasing the world's reserve currency and in doing so, you will become known as Butcher Ben, the man bearing the responsibility of committing the greatest genocide in the history of this Planet.
The idiots on Wall Street that proudly think of themselves as the smart money do not see the end of this road that you are paving. They are too busy cheering your flawed policies as you debase the currency and they watch their worthless paper gains expand continuously.
They are being egged on by you in levering up to ride this Final Moral Hazard to financial oblivion.
They cheer stock market highs not knowing that shortly, records will be broken in a hollow fashion: The DOW may hit 100k but it will be in worthless currency that nobody wants any part of.
Nobody that remains alive that is.
Thursday, June 10, 2010
BP's Task: Get the Gulf water out of the oil.
| The Daily Show With Jon Stewart | Mon - Thurs 11p / 10c | |||
| Cenac - The Spilling Fields - Oil Leak Containment Ideas | ||||
| ||||
Sunday, May 23, 2010
Thursday, May 13, 2010
Test Crash was too fast for even the Banksters to make any money
They pulled the rug on the market and there was no floor. 15 minutes and it looked like the world was ending.
For a Racketeering bankster, that's no way to profit.
Riding the backs of serf backstopped fiat currency, imagine milking the market on the way up only to have it run completely dry and crash and seemingly burn until the FED racket buyers of last resort step in to place a floor to the market.
When counting the trading ranges of DOW stocks outside the NYSE, the DOW index dropped around 1250 points before normal manipulation was restored.
Everybody was given a sneak peak of what is to come.
The Banksters did not like the way the market completely tanked in record time. Even their Super High Frequency Trading computers can't make money during a sudden fall off a cliff.
That's why the SEC is instituting additional circuit breakers. In the past, the central bankster minion controlled media scared people away from the market as the market was allowed to rise over a wall of worry.
Except the sheeple did not truly return to the market. Sure, there are still some die hard speculators and newbies and people clueless to what is going on.
They're up a lot if they bought the right stocks and distressed bonds from the carnage of 07-09.
They're busy patting themselves on the back for riding the most obscene levels of paper asset inflation stimulus in the History of the World.
The Banksters have bought all the shares in the world and have been trying to sell them to the unsuspecting consumers who are busy not consuming Wall Street drivel anymore.
Fool me once, shame on you. Fool me 3 times plus, forget about my shame. As a consumer, I'm completely naked lying down in the mud after being continuously downtrodden by the game runners that I have no time to worry about being ashamed.
I have nothing left to lose so don't you dare piss me off again with another one of your tulip mania crashes.
WallStreet used to promise safe 7-10% returns yoy. Now, the worker bees of the last decade should be happy they are only losing 10% yoy.
Remove 2008 and 2009 and 10% yoy losses are the new investment normal if you decide not to time the market by going out at DOW 14000 and coming back in at S&P 666.
The idiotic carnal cretins in power and their political minions are setting up the stage for a 4th Reich to rise up out of the ashes of a financially bankrupted American Empire.
We have entered the end game of the twilight zone and banksters are waiting for the bullet to hit the bone.
For a Racketeering bankster, that's no way to profit.
Riding the backs of serf backstopped fiat currency, imagine milking the market on the way up only to have it run completely dry and crash and seemingly burn until the FED racket buyers of last resort step in to place a floor to the market.
When counting the trading ranges of DOW stocks outside the NYSE, the DOW index dropped around 1250 points before normal manipulation was restored.
Everybody was given a sneak peak of what is to come.
The Banksters did not like the way the market completely tanked in record time. Even their Super High Frequency Trading computers can't make money during a sudden fall off a cliff.
That's why the SEC is instituting additional circuit breakers. In the past, the central bankster minion controlled media scared people away from the market as the market was allowed to rise over a wall of worry.
Except the sheeple did not truly return to the market. Sure, there are still some die hard speculators and newbies and people clueless to what is going on.
They're up a lot if they bought the right stocks and distressed bonds from the carnage of 07-09.
They're busy patting themselves on the back for riding the most obscene levels of paper asset inflation stimulus in the History of the World.
The Banksters have bought all the shares in the world and have been trying to sell them to the unsuspecting consumers who are busy not consuming Wall Street drivel anymore.
Fool me once, shame on you. Fool me 3 times plus, forget about my shame. As a consumer, I'm completely naked lying down in the mud after being continuously downtrodden by the game runners that I have no time to worry about being ashamed.
I have nothing left to lose so don't you dare piss me off again with another one of your tulip mania crashes.
WallStreet used to promise safe 7-10% returns yoy. Now, the worker bees of the last decade should be happy they are only losing 10% yoy.
Remove 2008 and 2009 and 10% yoy losses are the new investment normal if you decide not to time the market by going out at DOW 14000 and coming back in at S&P 666.
The idiotic carnal cretins in power and their political minions are setting up the stage for a 4th Reich to rise up out of the ashes of a financially bankrupted American Empire.
We have entered the end game of the twilight zone and banksters are waiting for the bullet to hit the bone.
Thursday, May 06, 2010
Blame the machines taking over for exposing the fakeness of the markets
Imagine if you were an employee and or a shareholder of Accenture or Sam Adams Beer and you were checking on your retirement or brokerage account between 2:40 PM and 3 PM EST today.
If you were heavy into ACN or SAM you would have at one point witnessed your retirement account go to zero and a leveraged brokerage account go below zero when the share prices of both companies plummeted to 1 cent from 40 and 55 dollars respectively.
"Accenture, Don’t Worry: These Stocks Fell to a Penny, or Less"
By Matt Phillips
"We’ve heard of penny stocks, but Thursday was ridiculous.
We already mentioned how Procter & Gamble plummeted. Accenture ADRs briefly lost all their value Thursday as height of the Flash Crash, falling to one cent.
But they weren’t the only ones. Here are a few other stocks that fell to below one cent briefly Thursday, all of them at 2:48 p.m. ET, when what ever it was that happened, happened.
Here they are, with ticker/name, high, low and last prices, and the percentage drop from the daily high to daily low.
EXC Exelon Corp 43.35 0.0001 41.01 43.35 -100%
EXP Eagle Materials 31.97 0.0001 30.40 31.48 -100%
BRO Brown & Brown 19.86 0.0001 19.03 19.69 -100%
IWA Iowa Telecommunications16.86 0.0001 16.11 16.78 -100%
CNP CenterPoint Energy 14.39 0.0001 13.55 14.39 -100%
SAM Boston Beer 63.17 0.01 55.43 59.44 -100%
CASY Casey’s General Stores 37.86 0.01 36.21 37.76 -100%"
http://blogs.wsj.com/marketbeat/2010/05/06/dont-feel-bad-accenture-these-stocks-fell-to-under-a-penny/?mod=yahoo_hs
Apparently, trading desks and their computers where still partying like yesterday where Cinqo de Mayo turned into Uno Del Cento.
Not even Charles Ponzi was brazen enough with this type of swindling.
"'Machines took over'
"This is an electronic market where bids can be cancelled at the flick of a button, and everyone cancelled at the same time," said Joe Saluzzi, of Themis Trading in New Jersey.
"We should be down big today, but not 1,000 points. This is an equity market structure issue, there's no major problem going on."
Computer trading is thought to have cranked up the losses, as programmes designed to sell stocks at a specified level came into action when the market started falling.
"I think the machines just took over," said Charlie Smith, chief investment officer at Fort Pitt Capital Group.
"There's not a lot of human interaction. We've known that automated trading can run away from you, and I think that's what we saw happen today."
http://news.bbc.co.uk/2/hi/business/10101581.stm
So, when the bids are automatically canceled, many stocks are technically worth only a penny per share?
How absurd is that? This kind of crap does not even occur at the shadiest craps table let alone legit monetary displacement establishments known as Casinos.
Later on, in a bid to restore what little confidence is left in this shammockery that is the market, Major indexes come out with statements that they will cancel many if not all heavily outside of normal trading range trades:
"Nasdaq cancels trades made over 20-min. period"
cancel all trades made earlier in the day between 2:40 p.m. Eastern time and 3 p.m. Eastern time which were "greater than or less than 60% away from the consolidated last print in that security at (2:40 p.m.) or immediately prior."
http://www.marketwatch.com/story/nasdaq-cancels-trades-made-over-20-min-period-2010-05-06?siteid=yhoof2
What about the poor shmucks that sold in a panic or had low stop losses triggered and were still within the 60% trading ranges?
Some people were wiped out today on what is being called a technical glitch. Tell that to someone who lost all their money in mere minutes if not seconds.
"NYSE: P&G's Plunge Came After Stock Moved Below Circuit Breaker"
By Donna Kardos
NEW YORK (MarketWatch) -- Shares of Procter & Gamble tumbled as much as $22.79, or 37%, at one point Thursday afternoon after sharp declines in the stock market sent the stock below a key circuit breaker level.
Once a stock falls below its circuit breaker, or what the New York Stock Exchange calls "liquidity replenishment points," the price quotes are no longer just electronic and they go into "slow" mode, under which they are no longer protected under Regulation NMS. Reg NMS requires traders to transact on a trading venue at the lowest price rather than on a venue offering the quickest execution or the most reliability.
In turn, when P&G's stock fell below its circuit breaker, other market centers can trade through the quotes. While the designated market maker at the NYSE traded at the $56 level, a trade came through from the Nasdaq exchange at $39.37, according to the NYSE. "
http://www.marketwatch.com/story/nyse-pgs-plunge-came-after-stock-moved-below-circuit-breaker-2010-05-06
The kind of brazen manipulation seen on the street is now reaching dizzying levels that makes one question reality. Besides the typical fear and greed and general level of theft via the swindling of the longest running confidence game in the world, what the hell is going on? Robbing people blind over weeks and months is not enough now? They have to do it in mere seconds?
This is what Happens when you print trillions out of thin air and give it to banksters to continue the theft of whatever remaining wealth the people have left:
Turning our attention to the currencies market we find similarly disturbing price moves that can leave people potentially wiped out on as little as 1-2% move in the underlying currency knowing full well that typical currency trading is levered 50-1 meaning a 2% move the wrong way in a currency bet will leave you broke in one day.
Imagine if you are a Large Hedge Fund or a Bank that is levered up in borrowing money you do not have only to place it and lever it up again in the currency market only to either watch it make you obscene profits that you will instantly pocket as expedited bonuses or lose everything and go to the tax payers who have not yet participated in riots to overthrow their elected officials.
So this is what we have come to as a Human Civilization.
Unstable people, unstable markets and unstable planetary geology.
It truly is different this time. We were a few badly placed trades away from having a completely worthless market before the end of this month.
It looks like there was going to be selling in May and a permanent going away.
Some third world nations have prior experience in watching their national currencies get the penny stock treatment.
What type of reaction from the 1st world's populace will we get when the exploding toxic asset $hit hits the fan all over?
Add a couple of coronal mass ejections and you have the recipe for a real life Sci Fi movie Cataclysm coming to a street Theater near you.
Rated EX. for Excrementally Xecuted( by a high frequency trading robot nonetheless)
Trader types in a B instead of an M and the whole Ponzi market collapses in mere minutes!
Sources say that a trader entered the wrong letter when apparently selling the hell out of the market( was he trying to selling a billion or a million) and that is the real or disinformation answer as to why the Dow Jones index lost almost 7% of its total value in 15 minutes only to gain almost all of that back 20 minutes later.
Almost everybody knows that the market is manipulated by a hidden and often computerized hand but this is becoming absurd.
Another hour or two of this level of selling and there would not have been a stock market left to manipulate.
That does not compute. The days of 1000 point DOW crash per day are coming but not before some little 1 week before skyrocket marker outlier and ladies and gentlemen, this has not occurred yet because there is a certain oft delayed court case that is currently in limbo.
In the meantime, keep on getting the informative North East West South months,weeks and years before it becomes air wave OLDS.
Almost everybody knows that the market is manipulated by a hidden and often computerized hand but this is becoming absurd.
Another hour or two of this level of selling and there would not have been a stock market left to manipulate.
That does not compute. The days of 1000 point DOW crash per day are coming but not before some little 1 week before skyrocket marker outlier and ladies and gentlemen, this has not occurred yet because there is a certain oft delayed court case that is currently in limbo.
In the meantime, keep on getting the informative North East West South months,weeks and years before it becomes air wave OLDS.
Wednesday, May 05, 2010
Will Europe Collapse? Is there a way out of this mess other than War and Cataclysms?
The World Bank's own former top economist acknowledged the existence of step by step destabilization protocols that are enacted to collapse the economies of non first world countries while simultaneously extracting usurious debt based profits and monetizing the paper debt created out of thin air into ownership of the infrastructure of poor countries.
When you get enough economic Hitmen to do your bidding, eventually enough poor nations are destabilized into going to war.
http://www.democracynow.org/2004/11/9/confessions_of_an_economic_hit_man
Why go to war? That is how national treasuries are bankrupted by merchant bankers who pretend to do central banking.
We are under the fallacy of thinking that we are modern human beings who have evolved.
We are reminded of what Gandhi said when asked:
"What do I think of Western civilization? I think it would be a very good idea."
In reality we are devolved mammals in a Petri dish called Earth while the eye in the sky is ashamed in its involvement in our advancement.
Friday, April 30, 2010
Will Government Sachs get criminally indicted? Or is it just a show?
Five Years ago this April, Elliot Spitzer had a chance to stop Wall Street's impending Casino fiasco by doing one thing that he ended up refusing to do:
Criminally indicting AIG. It would have severly affected the stock market but it would have pricked the bubble 3 years before it blew up.
Elliot Spitzer did nothing.
AIG was rigging their own reinsurance schemes with some of the 280 subsidiary insurance shell companies that they controlled secretely or not so secretly.
AIG even had ensnared Warren Buffet into their own reinsurance fraud schemes.
They were busy defrauding state pension and unemployment funds while simultaneously helping high net worth individuals through tax evasion schemes.
They were busy shredding paper night and day in the bahamas.
Yet, nothing was done. No one was arrested. Ex AIG CEO Maurice "Hank" Greenberg seemed untouchable due to his high up Military Industrial Complex connections.
He skipped the country for month and was forced to resign. He even went as far as wanting to claim back some underwear he left at AIG's offices.
Greenberg used to have a luxury bathroom on his private jet that only his family and dog could use. His pilots had to use the mini toilet in the front.
Greenberg was also using a shell and seperate company linked to AIG to pay off his high up executives using AIG stock held by the seperate company he controlled.
All in a scheme to make it look like AIG was making record profits when in fact they were busy picking up nickles in front of steamrollers in selling disaster scenario credit default swap insurance to the banking cabal on the street.
Now we are standing at another threshold.
Will the Justice department have the courage to indict Goldman Sachs and their co conspirator banks on the street and in Europe(that partook in the bailout) or will they only give Goldman and their peers a slap on the wrist settlement and wait a few years until Goldman and their gang have completely destroyed our economy?
Let's remember that AIG was involved in increasing the insurance on the World Trade Centers shortly before they fell down. Convenient so.
Now we go back to Goldman Sachs. They have been proven to adversly bet against their clients and they have no problems in doing so.
They are busy front running any and all lucrative trades on Wall Street.
They receive the Government's manipulated economic numbers long before they are released to the public. Let's not forget that being a shareholder of the Federal Reserve, they are privy to the FED's meeting minutes weeks before they are released.
They serve no purpose other than to enrich themselves using public money. They are not a real bank and even if they were there is no real money they are risking. They only risk printed money that the American Tax payer is liable for.
Their former CEO was able to smoothly move over to being the head of the Treasury department thereby acomplishing two vital things:
1) Selling all his hundreds of millions of dollars in shares of Goldman without triggering a panic dumping of the stock as people would get suspicious to his dumping of his shares.
2) Getting a Tax exemption for the Government allowing him to not pay a dime in taxes on the shares that he sold.
He then proceeds to work his way manipulating our Government's and the Quasi Government FED's moves into who should get the bailout and when.
His company's similarly overleverd competitors were set to bite the dust clearing the way for his company to become either the sole clearing house in most of the lucrative monetary vehicles or at most part of a duopoly.
Due to their ability to control our Government by buying their support through campaign finance bribery and continously placing their cronies in high up sensitive economic positions and other positions of influence, Goldman Sachs has turned the White House, Senate and House of Representatives in captured entities who continously do their bidding.
This is not capitalism. This is not democracy nor is our country's leadership behaving as if this is a constitutional republic.
This is not even thinly veiled fascism that Mussolini would be proud of for its effective brutality.
That is why we must be suspicious of any Government Led investigations into Goldman Sachs:
"Justice Department Reviewing SEC Case Against Goldman Sachs
Govt. Sources: DOJ Reviewing Whether SEC Case Warrants Criminal Investigation
Officials at the U.S. Department of Justice are reviewing whether the Securities and Exchange Commission's recent fraud charges against Wall Street giant Goldman Sachs warrant a full-scale criminal investigation, two government sources told ABC News.
Goldman Faces Possible Action From Germany, UK
Stock prices whiz by on a ticker near the Goldman Sachs booth on the floor of the New York Stock Exchange, April 16, 2010 in New York. The Wall Street Journal is reporting that the Department of Justice is reviewing the Securities and Exchange Commission's civil fraud case against the investment giant.
It's unclear what specific deals or which Goldman Sachs employees are part of the Justice Department's review and whether criminal charges will ever be filed. The Wall Street Journal reported today that the federal prosecutors were investigating whether Goldman employees committed securities fraud in connection to the firm's mortgage trading.
Goldman spokesman Michael Duvally declined to confirm the Justice Department's involvement, as first reported by the Journal.
"Given the recent focus on the firm, we are not surprised by the report of an inquiry. We would fully cooperate with any requests for information," he said.
The Journal described the department's review as an investigation that is in a "preliminary stage" based out of the Manhattan U.S. Attorney's Office.
The SEC filed a civil lawsuit against Goldman two weeks ago, alleging that the firm defrauded its investors."
http://abcnews.go.com/Business/justice-department-reviewing-sec-case-goldman-sachs/story?id=10514528
The is a high likelyhood of collusion between the SEC and Goldman Sachs in the fortuitous release of the civil case on an options expiration day, allowing Goldman Sachs's traders to profit from the nad news by buying put options on their own stock in addition to their confirmed large purchases of put options on the S&P exchange the morning of the indictment.
http://funy1.blogspot.com/2010/04/would-would-sec-charge-goldman-sachs-on.html
Again, we must ask the Justice Department: Can you be trusted in not being either on the take from Goldman Sachs and the rest of the NY FED racket and or being captured entities that are just for show?
Will we get a real investigation? Can we handle the truth?
"Barofsky Threatens Criminal Charges in AIG Coverup, Goldman Sachs Abacus Deal, TARP Insider Trading; New York Fed Implicated
The day that Tim Geithner lands in jail will be a day of celebration. Don't count on it soon or ever, but Neil Barofsky, Special Inspector General for the Troubled Asset Relief Program (SIGTARP), is now threatening criminal charges.
Please cheer the following headline: Barofsky Says Criminal Charges Possible in Alleged AIG Coverup"
http://globaleconomicanalysis.blogspot.com/2010/04/barofsky-threatens-criminal-charges-in.html
Those in the know about what is really going on Wall Street and their captured entities in Government know that a real investigation with teeth that bite will end up putting the following minions in front of a Judge in and have them get their perp walks:
Alan Greenspan
Timothy Geitner
Ben Bernanke
Larry Summers
Bob Rubin
Hank Paulson
Stephen Friedman
Maurice Greenberg
Warren Buffet
This is only a short list of low level minions in the Global Con game of finance.
Getting them in front of a judge and throwing the book at them will help in allowing them to fess up who really is running the strings here.
Old man Rockefeller?
There needs to be a real investigation armed with RICO charges backing and it needs to go wherever it may go even if it leaves the current charade of an economic system and its resultant Gamblepitalism ponzi schemed markets in shambles.
It's a sham now and it will continue to be a sham until it is washed away and replaced by non collusive and corrupt individuals and captured entities.
Thursday, April 29, 2010
If Criminal Charges are brought up against Goldman Sachs......
Will this mean that the planned 2 year hiatus from the complete crashing of the economy has been accelerated?
The Fraudulently bailed out Banksters put a gun to the head of the captured entities that are the legislative and executive branches of what once was the Government of the no longer as United States of America( Ask Arizona).
The clueless and continuously laissez-faire un cafe au leche de IV sucking on the thin air unit teat of the Bankster outfit known as Feral Federal Reserve's moula printin Bernanke Brigade.....
Congress and the Pres and the country were told that the world as we knew it would be coming to an end if we do not bail out the corrupt banking cartel racket on Wall Street and parts of Europe.
Now, after allowing the Banksters to commit the biggest treasure theft in known history,Congress members are talking criminal charges against the lead bully of the scandal: The parasitic non deposit banking entity called Goldman Sachs.
"US politicians talk criminal charges as Blankfein warns staff of more pain ahead
AFTER one day of "rigorous" grilling by US senators, Lloyd Blankfein told Goldman Sachs staff to hunker down and prepare for more pain.
In an internal voicemail sent after his marathon grilling by politicians investigating the financial crisis, Lloyd Blankfein described the US senate hearing as “rigorous” and warned colleagues that the bank was not yet out of the woods.
He had every reason to suggest that more trouble is to come. As he left his voicemail for staff, 62 American politicians were signing a letter asking the Department of Justice to investigate the possibility of bringing criminal charges against Goldman.
The letter comes after civil charges for securities fraud were brought against Goldman and one of its traders, Fabrice Tourre. The civil charges were brought by the US Securities and Exchange Commission on April 16, over the 2007 sale of a synthetic collateralised debt obligation called Abacus, which was backed by rotten mortgages.
Investors lost $US1 billion ($1.1bn) when the mortgages were defaulted on.
Said Marcy Kaptur, the Democrat congresswoman from Ohio who organised the letter: “On the face of the SEC charges, criminal fraud on an historic scale seems to have occurred in this instance.”
The DoJ has previously declined to comment on whether it investigated Abacus alongside the SEC.
Meanwhile, the Goldman Sachs CEO used voicemail to tell his bankers: “Let me remind you that we should anticipate continued external focus on Goldman Sachs for the foreseeable future."
http://www.theaustralian.com.au/business/news/us-politicians-talk-criminal-charges-as-blankfein-warns-staff-of-more-pain-ahead/story-e6frg90f-1225859992273
As previously and easily predicted:
http://funy1.blogspot.com/2010/03/is-this-governments-rico-racket-entry.html
http://funy1.blogspot.com/2010/01/can-you-spell-r-i-c-o-by-any-other-name.html
This script is obvious to those that are informed. Should we be ultra paranoid along the lines of the Documentary Esoteric Agenda?
7:35 into the clip.
If the Federal Reserve's RICO Racket( And that includes you London Based Rotten child Bauers) is insane enough to try to implement a bankrupt and enslave Americans strategy, they don't have to worry about the Tea Party civilians and others with guns who won't stand for it.
They'll have to worry about the United State's Secret Hyper dimensional DoD program that's the root cause of the massive budget deficit and the reason being of the 600 dollar plunger and 30 thousand dollar toilet.
Let's just say that the Masters of the Universe( as the bankers think of themselves) have a new thing coming.
As of this moment, these master puppets are in charge of printing money and enslaving human beings as life long serfs for it.
Their continuous and unabated consolidation of wealth and power will only lead to the sudden and cataclysmic end of their power in blistering and shocking fashion.
They won't have to worry about whether or not a criminal indictment is coming. They will have to worry about getting down a flight of stairs in their respective banking cartel buildings before the US military's UFO like Defense technology is hovering above them ready to disintegrate their offices starting with the 333 Executive Suites on 33rd floors.
Laugh right now but I heard first hand from someone belonging to one of the branches that we have Star Trek like technology.
When it's unleashed as a matter of last resort, you better hope the world markets do not open again, ever.
That is if they are still standing and have not be hyper dimensionally expunged from our reality.
Want a preview? Russia emasculated themselves by shooting off a RSM-56 Bulava missile that disappeared into this spiral. Some think it's a NAZI related breakaway civilization running above all Governments.
The Russian were busy running with their heads between their tales as they spouted off that their missile spiraled out of control into multiple layers of perfect spirals. Talk about Orwellian double speak.
Ask yourself: Who do you think got most of the NAZI Scientists in the race to Berlin?
Exactly.
Needless to say, if the video below is not an elaborate hoax, the Russian got the message clearly as it hovered mockingly above their humiliated power base.
The Fraudulently bailed out Banksters put a gun to the head of the captured entities that are the legislative and executive branches of what once was the Government of the no longer as United States of America( Ask Arizona).
The clueless and continuously laissez-faire un cafe au leche de IV sucking on the thin air unit teat of the Bankster outfit known as Feral Federal Reserve's moula printin Bernanke Brigade.....
Congress and the Pres and the country were told that the world as we knew it would be coming to an end if we do not bail out the corrupt banking cartel racket on Wall Street and parts of Europe.
Now, after allowing the Banksters to commit the biggest treasure theft in known history,Congress members are talking criminal charges against the lead bully of the scandal: The parasitic non deposit banking entity called Goldman Sachs.
"US politicians talk criminal charges as Blankfein warns staff of more pain ahead
AFTER one day of "rigorous" grilling by US senators, Lloyd Blankfein told Goldman Sachs staff to hunker down and prepare for more pain.
In an internal voicemail sent after his marathon grilling by politicians investigating the financial crisis, Lloyd Blankfein described the US senate hearing as “rigorous” and warned colleagues that the bank was not yet out of the woods.
He had every reason to suggest that more trouble is to come. As he left his voicemail for staff, 62 American politicians were signing a letter asking the Department of Justice to investigate the possibility of bringing criminal charges against Goldman.
The letter comes after civil charges for securities fraud were brought against Goldman and one of its traders, Fabrice Tourre. The civil charges were brought by the US Securities and Exchange Commission on April 16, over the 2007 sale of a synthetic collateralised debt obligation called Abacus, which was backed by rotten mortgages.
Investors lost $US1 billion ($1.1bn) when the mortgages were defaulted on.
Said Marcy Kaptur, the Democrat congresswoman from Ohio who organised the letter: “On the face of the SEC charges, criminal fraud on an historic scale seems to have occurred in this instance.”
The DoJ has previously declined to comment on whether it investigated Abacus alongside the SEC.
Meanwhile, the Goldman Sachs CEO used voicemail to tell his bankers: “Let me remind you that we should anticipate continued external focus on Goldman Sachs for the foreseeable future."
http://www.theaustralian.com.au/business/news/us-politicians-talk-criminal-charges-as-blankfein-warns-staff-of-more-pain-ahead/story-e6frg90f-1225859992273
As previously and easily predicted:
http://funy1.blogspot.com/2010/03/is-this-governments-rico-racket-entry.html
http://funy1.blogspot.com/2010/01/can-you-spell-r-i-c-o-by-any-other-name.html
This script is obvious to those that are informed. Should we be ultra paranoid along the lines of the Documentary Esoteric Agenda?
7:35 into the clip.
If the Federal Reserve's RICO Racket( And that includes you London Based Rotten child Bauers) is insane enough to try to implement a bankrupt and enslave Americans strategy, they don't have to worry about the Tea Party civilians and others with guns who won't stand for it.
They'll have to worry about the United State's Secret Hyper dimensional DoD program that's the root cause of the massive budget deficit and the reason being of the 600 dollar plunger and 30 thousand dollar toilet.
Let's just say that the Masters of the Universe( as the bankers think of themselves) have a new thing coming.
As of this moment, these master puppets are in charge of printing money and enslaving human beings as life long serfs for it.
Their continuous and unabated consolidation of wealth and power will only lead to the sudden and cataclysmic end of their power in blistering and shocking fashion.
They won't have to worry about whether or not a criminal indictment is coming. They will have to worry about getting down a flight of stairs in their respective banking cartel buildings before the US military's UFO like Defense technology is hovering above them ready to disintegrate their offices starting with the 333 Executive Suites on 33rd floors.
Laugh right now but I heard first hand from someone belonging to one of the branches that we have Star Trek like technology.
When it's unleashed as a matter of last resort, you better hope the world markets do not open again, ever.
That is if they are still standing and have not be hyper dimensionally expunged from our reality.
Want a preview? Russia emasculated themselves by shooting off a RSM-56 Bulava missile that disappeared into this spiral. Some think it's a NAZI related breakaway civilization running above all Governments.
The Russian were busy running with their heads between their tales as they spouted off that their missile spiraled out of control into multiple layers of perfect spirals. Talk about Orwellian double speak.
Ask yourself: Who do you think got most of the NAZI Scientists in the race to Berlin?
Exactly.
Needless to say, if the video below is not an elaborate hoax, the Russian got the message clearly as it hovered mockingly above their humiliated power base.
Wednesday, April 28, 2010
Gamblitalism is a $hity deal for the taxpayer
Visit msnbc.com for breaking news, world news, and news about the economy
Visit msnbc.com for breaking news, world news, and news about the economy
Visit msnbc.com for breaking news, world news, and news about the economy
Visit msnbc.com for breaking news, world news, and news about the economy
Visit msnbc.com for breaking news, world news, and news about the economy
Tuesday, April 27, 2010
Goldman Octopus: We have a duty to serve our clients.............
on a Golden Platter to the Profit gods of Mammon.
More to come as the Dog and Pony Octopus hanging show continues:
$hitty deal?
$HIT: STORE HIGH IN TRANSIT otherwise what's in the security gets exposed.
Fabulous Fab: "The List includes sophisticated Hedge Funds, we should not expect to make too much money from them since they are by and large on the same side as we are"
The NY FED Goldman Sachs lead Octopus that's got our world ensnared is basically nothing more than a RICO RACKET run by people in 5 thousand dollar suits.
You walk into a movie theater for some fantasy escape from this increasingly grim reality of ours.
Ever wonder why the ticket prices you paid to get into that nice theatre keep going up and up endlessly?
Well here's your 2 part answer in a nutshell:
A: There are more people in the world. More and more everyday. There has to be more and more money created to give an incentive these people to get off their butts and do something like be working people and work to live on this slave planet of ours.
B: There are people that run something called the Federal Reserve. It's the official counterfeiting monetary organization in this country and the world based on the amount of thin air monetary units that have been created. Beside not being Federal and not having any Reserves, this quasi Government Organization that is made up of those same banks that were bailed out during the first part of the crisis, they made it look like they forced themselves to get these bailout for themselves via arm twisting by their wholly owned entity called the federal reserve the creature from Jekyll Island that has enslaved the people of this nation and the world using nothing by thin air units and cyber 1's and zeros.
If we were on another planet, they'd literally think we've gone mad with the Monopoly game economy that we live in.
The solution to the problem, per our bribed by the FED leaders, is to give the FED control over the Hen house that their member FOXES( The Banks) have been running rampant with since the Christmas eve 3-0 vote to enact the Federal Reserve act of 1913.
I've stated this several times before and I will state it again: These people are running a RICO RACKET.
This fascist mess in our country and the world in general is not going to stop until we get perp walks for the people that are in charge of the Federal Reserve Racket and their minions and overlords.
It may get Hitler level ugly before this is stopped. What we have been witnessing for the last few years are the seeds for a sequel to the impoverishment that lead Germany to start World War II.
The way to nip this in the bud is to shut down all the Federal reserve bank racket pronto and reconstitute a new national bank made up from the people who are willing to work to help restart the economy without worrying about making hundreds of millions of dollars.
I know people will shout that it sounds socialist. It is.
But it is better than the current fascist system that we have in place.
We need to have this new national bank take all the assets that the FED racket has not made worthless and use that to lend to people who want to do something other than speculate on destroying the world financially.
This national bank should lend at less than 1% interest rates, ideally zero percent loans should be given but the international speculative racket would find away to have a carry trade with this.
We should invest in our future on this planet and being able to live on it with dignity without destroying our habitat or committing to a genocidal culling of 90% of its population as a preemptive water/fuel resource hoarding plan
http://funy1.blogspot.com/2010/02/bank-lending-continues-to-plummet-1.html
More to come as the Dog and Pony Octopus hanging show continues:
$hitty deal?
$HIT: STORE HIGH IN TRANSIT otherwise what's in the security gets exposed.
Fabulous Fab: "The List includes sophisticated Hedge Funds, we should not expect to make too much money from them since they are by and large on the same side as we are"
The NY FED Goldman Sachs lead Octopus that's got our world ensnared is basically nothing more than a RICO RACKET run by people in 5 thousand dollar suits.
You walk into a movie theater for some fantasy escape from this increasingly grim reality of ours.
Ever wonder why the ticket prices you paid to get into that nice theatre keep going up and up endlessly?
Well here's your 2 part answer in a nutshell:
A: There are more people in the world. More and more everyday. There has to be more and more money created to give an incentive these people to get off their butts and do something like be working people and work to live on this slave planet of ours.
B: There are people that run something called the Federal Reserve. It's the official counterfeiting monetary organization in this country and the world based on the amount of thin air monetary units that have been created. Beside not being Federal and not having any Reserves, this quasi Government Organization that is made up of those same banks that were bailed out during the first part of the crisis, they made it look like they forced themselves to get these bailout for themselves via arm twisting by their wholly owned entity called the federal reserve the creature from Jekyll Island that has enslaved the people of this nation and the world using nothing by thin air units and cyber 1's and zeros.
If we were on another planet, they'd literally think we've gone mad with the Monopoly game economy that we live in.
The solution to the problem, per our bribed by the FED leaders, is to give the FED control over the Hen house that their member FOXES( The Banks) have been running rampant with since the Christmas eve 3-0 vote to enact the Federal Reserve act of 1913.
I've stated this several times before and I will state it again: These people are running a RICO RACKET.
This fascist mess in our country and the world in general is not going to stop until we get perp walks for the people that are in charge of the Federal Reserve Racket and their minions and overlords.
It may get Hitler level ugly before this is stopped. What we have been witnessing for the last few years are the seeds for a sequel to the impoverishment that lead Germany to start World War II.
The way to nip this in the bud is to shut down all the Federal reserve bank racket pronto and reconstitute a new national bank made up from the people who are willing to work to help restart the economy without worrying about making hundreds of millions of dollars.
I know people will shout that it sounds socialist. It is.
But it is better than the current fascist system that we have in place.
We need to have this new national bank take all the assets that the FED racket has not made worthless and use that to lend to people who want to do something other than speculate on destroying the world financially.
This national bank should lend at less than 1% interest rates, ideally zero percent loans should be given but the international speculative racket would find away to have a carry trade with this.
We should invest in our future on this planet and being able to live on it with dignity without destroying our habitat or committing to a genocidal culling of 90% of its population as a preemptive water/fuel resource hoarding plan
http://funy1.blogspot.com/2010/02/bank-lending-continues-to-plummet-1.html
Monday, April 26, 2010
What type of Off World Alien would contact Stephen Hawking?
In order for Aliens to want to take the arduous journey to Earth from a Planet so far away as to make it a journey of no return to be completed over millenia, they would have to exhibit a brutal military industrial complex fetish exponentially beyond Humanity's pathetic Bank and Warfare model reality.
Which is why Preeminent Physicist astutely warns against attempted contact with Aliens.
"“To my mathematical brain, the numbers alone make thinking about aliens perfectly rational,” he said. “The real challenge is to work out what aliens might actually be like.”
The answer, he suggests, is that most of it will be the equivalent of microbes or simple animals — the sort of life that has dominated Earth for most of its history.
One scene in his documentary for the Discovery Channel shows herds of two-legged herbivores browsing on an alien cliff-face where they are picked off by flying, yellow lizard-like predators. Another shows glowing fluorescent aquatic animals forming vast shoals in the oceans thought to underlie the thick ice coating Europa, one of the moons of Jupiter.
Such scenes are speculative, but Hawking uses them to lead on to a serious point: that a few life forms could be intelligent and pose a threat. Hawking believes that contact with such a species could be devastating for humanity.
He suggests that aliens might simply raid Earth for its resources and then move on: “We only have to look at ourselves to see how intelligent life might develop into something we wouldn’t want to meet. I imagine they might exist in massive ships, having used up all the resources from their home planet. Such advanced aliens would perhaps become nomads, looking to conquer and colonise whatever planets they can reach.”
He concludes that trying to make contact with alien races is “a little too risky”. He said: “If aliens ever visit us, I think the outcome would be much as when Christopher Columbus first landed in America, which didn’t turn out very well for the Native Americans.”
http://www.timesonline.co.uk/tol/news/science/space/article7107207.ece
The respected professor does make a very valid point in that conventional space travel would lead one to believe that resource hoarding would be the primary goal of a civilization that uses primitive travel technology such as the type openly displayed by World Governments.
The existence of Hyper Dimensional technology completely changes the equation.
A civilization that possesses such technology would look at NASA technology as nothing more than a primitive firework like dark ages extrapolation with all due respect reserved to brilliant rocket scientists.
If one is to introduce the existence of an infinite number of parallel realities based on extrapolating upon Schrodinger's hypothesis(
http://www.manyuniverses.com/schrodingerscat.htm) then one must ask the question:
Where are all the infinite universes that are constantly being created stored?
Carrying the idea of branching Universes based on what happens inside the box with the cat, one can postulate that not only 2 outcomes are possible but an infinite amount of outcomes based not only on whether or not the acid beaker breaks and kills the cat but on where does the cat fall( which can be extrapolated to an infinite number of positions based on how discrete measurements are calculated)
When comparing it to IT System Engineering's constant need to expand storage, the need to physically allocate the space needed for the infinitely and exponentially increasing amount of branching universes needed, the original theory of branching universes has to be quantified as incorrect.
For Schrodinger's theory to be correct, all reality has to be an illusion created by thoughts based emanations from a unquantifiable consciousness, similar in a way to the fact that many dream dream worlds are non existent(hence parallel or completely illusory).
As Edgar Allen Poe would say in his poem A Dream Within A Dream: Is all that we see or seem But a dream within a dream?
What does this have to do with Aliens and their use of Advanced technology to visit the Earth? Any truly advanced technology would have figured out that reality is made up from nothing but consciousness and hence traveling within the compartments of that consciousness should not require an endless amount of natural resources.
And May I remind professor Hawking that Humanity's religions are based on the subjugation of what is today known as man in an effort to mine what is left of the once abundant Gold metal resource.
The primitive worker clone refused to be a drone.
What is known as the Lulu Amelou( literally precious stone worker in a Semitic language translation of what the Annunaki called their genetic experiment) got tired of being a slave mine worker drone and rebelled against those whom he described by mentioning their arrival from above(Teyaritoo, aka His airplane/spacecraft etc)
When will be, as a species, move beyond a materialistic view point and its resultant hoarding and wars of scarcity?
Which is why Preeminent Physicist astutely warns against attempted contact with Aliens.
"“To my mathematical brain, the numbers alone make thinking about aliens perfectly rational,” he said. “The real challenge is to work out what aliens might actually be like.”
The answer, he suggests, is that most of it will be the equivalent of microbes or simple animals — the sort of life that has dominated Earth for most of its history.
One scene in his documentary for the Discovery Channel shows herds of two-legged herbivores browsing on an alien cliff-face where they are picked off by flying, yellow lizard-like predators. Another shows glowing fluorescent aquatic animals forming vast shoals in the oceans thought to underlie the thick ice coating Europa, one of the moons of Jupiter.
Such scenes are speculative, but Hawking uses them to lead on to a serious point: that a few life forms could be intelligent and pose a threat. Hawking believes that contact with such a species could be devastating for humanity.
He suggests that aliens might simply raid Earth for its resources and then move on: “We only have to look at ourselves to see how intelligent life might develop into something we wouldn’t want to meet. I imagine they might exist in massive ships, having used up all the resources from their home planet. Such advanced aliens would perhaps become nomads, looking to conquer and colonise whatever planets they can reach.”
He concludes that trying to make contact with alien races is “a little too risky”. He said: “If aliens ever visit us, I think the outcome would be much as when Christopher Columbus first landed in America, which didn’t turn out very well for the Native Americans.”
http://www.timesonline.co.uk/tol/news/science/space/article7107207.ece
The respected professor does make a very valid point in that conventional space travel would lead one to believe that resource hoarding would be the primary goal of a civilization that uses primitive travel technology such as the type openly displayed by World Governments.
The existence of Hyper Dimensional technology completely changes the equation.
A civilization that possesses such technology would look at NASA technology as nothing more than a primitive firework like dark ages extrapolation with all due respect reserved to brilliant rocket scientists.
If one is to introduce the existence of an infinite number of parallel realities based on extrapolating upon Schrodinger's hypothesis(
http://www.manyuniverses.com/schrodingerscat.htm) then one must ask the question:
Where are all the infinite universes that are constantly being created stored?
Carrying the idea of branching Universes based on what happens inside the box with the cat, one can postulate that not only 2 outcomes are possible but an infinite amount of outcomes based not only on whether or not the acid beaker breaks and kills the cat but on where does the cat fall( which can be extrapolated to an infinite number of positions based on how discrete measurements are calculated)
When comparing it to IT System Engineering's constant need to expand storage, the need to physically allocate the space needed for the infinitely and exponentially increasing amount of branching universes needed, the original theory of branching universes has to be quantified as incorrect.
For Schrodinger's theory to be correct, all reality has to be an illusion created by thoughts based emanations from a unquantifiable consciousness, similar in a way to the fact that many dream dream worlds are non existent(hence parallel or completely illusory).
As Edgar Allen Poe would say in his poem A Dream Within A Dream: Is all that we see or seem But a dream within a dream?
What does this have to do with Aliens and their use of Advanced technology to visit the Earth? Any truly advanced technology would have figured out that reality is made up from nothing but consciousness and hence traveling within the compartments of that consciousness should not require an endless amount of natural resources.
And May I remind professor Hawking that Humanity's religions are based on the subjugation of what is today known as man in an effort to mine what is left of the once abundant Gold metal resource.
The primitive worker clone refused to be a drone.
What is known as the Lulu Amelou( literally precious stone worker in a Semitic language translation of what the Annunaki called their genetic experiment) got tired of being a slave mine worker drone and rebelled against those whom he described by mentioning their arrival from above(Teyaritoo, aka His airplane/spacecraft etc)
When will be, as a species, move beyond a materialistic view point and its resultant hoarding and wars of scarcity?
Wednesday, April 21, 2010
Lehman's Executive REPO made them unfairly RICO
It is time for the people who were swindled by Lehman's execs to do a legal REPO of their own to repatriate some of the what was lost to the financially fraudulent REPO 105 RICO Racketeers.
AIG's Maurice Greenberg, Warrent Buffet and Goldman Sachs.
What do they have in common?
Nothing if you ask their captured mouthpiece wage slave Sebastian Mallaby:
http://www.washingtonpost.com/wp-dyn/content/article/2010/04/20/AR2010042003528.html?hpid=opinionsbox1
http://www.cfr.org/bios/4452/
Just like Fabulous Fab, Sebastian Mallaby is at the center of it all from the sucking at the teat side of the bank and warfare model.
Bear with me as I explain:
Warren Buffet is a large shareholder of the Washington Post. He also owns lots of Goldman sachs shares + warrants that were worth 33% more before Goldman's auspicious drop last Friday.
This is where CFR member and Washpost Columnist Sebastian comes in.
As one of the many foot soldiers of these carnal Cretinous Excremental Orifices(CEO's)of the fascist Military Industrial complex, Sebastian tries his best to whitewash this littlest of many illegal deeds pulled off by the Goldman Sachs, the poster boys of the RICO RACKET.
http://funy1.blogspot.com/2010/04/corrupt-politicians-doing-bankster.html
http://funy1.blogspot.com/2010/03/is-this-governments-rico-racket-entry.html
This is only the tip of the Iceberg..... or shall I say Greenberg?
Our country has been overtaken and become a captured entity of usurious Banksters who use our treasury to print money out of thin air in order to gamble with it to make their brand of fascist "capitalism" work as they socialize their losses(2008) and privatize the profits(Prior to and post 2008).
If we go back to 2005, had the SEC and the Justice Department gotten involved and taken the bull by the horns instead of allowing Greenberg's former attorney Elliot Spitzer to do a toothless civil investigation, AIG would have been exposed 3 years earlier than when they imploded and took structured finance down with them.
It would have also meant that Sebastian Mallaby would not have had a Maurice R. Greenberg Center for Geoeconomic Studies to direct.
Maurice "Hank" Greenberg used a re-insurer subsidiary of AIG to get some insured assets off the books of AIG in order to continue their Ponzi scheme of insuring assets that will eventually implode: assets that Goldman Sachs and others took out credit default swap levered insurance bets on knowing they would fail since they were the architects that had structured these assets to fail.
Who was the reinsurance partner of AIG's Greenberg in all of this? You guessed it: Warren Buffet, the noted large shareholder of the Washington Post, the subsidizer of this apologist bribery piece of "op-ed journalism".
You can kill them with kindness or you can Qui L'aime with sarcasm.
The Truth will set you free and lies will make you an eternal prisoner(aka the biblical state of being known as "an ISRA-EL") of your own deVICES.
Sunday, April 18, 2010
STAR OF MOLOCH Middle East Title Bout. SUN worshiping Henotheism at its finest
The Albert Pike Prophetic manifest destiny demonic MOLOCH entities are back at it again.
Circa 2006 post World Cup fighting was tit for tat to the dot self fulfilling manifestation of ISAIAH 33 between Moloch STAR STATE ISRA-EL Vs HIZBALLAH
EL and ALLAH are part and parcel Semitic descriptions of the same Old Testament “Most High” Canaanite Deity thought by scholars to actually be the biblical manifestation of the much older worship of the SUN.
So now, the ancient SUN worshiping Henotheist religious byproducts are at it again destroying the Earth in the name of one deity chosen out of many Deities:
Usurious Rotten Child Bankster founded STAR OF MOLOCH state "ISRA-EL" have just threatened their Middle East STAR OF MOLOCH counterparts SYRIA with a self fulfilling manifestation of the Old Testament ISAIAH 17 prophecy.
http://debka.com/article/8726/
"Israel has delivered a secret warning to Syrian President Bashar Assad that it will respond to missile attacks from Hezbollah, the militant Lebanese-based Islamist group, by launching immediate retaliation against Syria itself.
In a message, sent earlier this month, Israel made it clear that it now regards Hezbollah as a division of the Syrian army and that reprisals against Syria will be fast and devastating.
It follows the discovery by Israeli intelligence that Syria has recently supplied long-range ballistic missiles and advanced anti-aircraft systems to Hezbollah.
“We’ll return Syria to the Stone Age by crippling its power stations, ports, fuel storage and every bit of strategic infrastructure if Hezbollah dare to launch ballistic missiles against us,” said an Israeli minister, who who was speaking off-the-record, last week.
The warning, which was conveyed to Damascus by a third party, was sent to reinforce an earlier signal by Avigdor Lieberman, the Israeli foreign minister. “If a war breaks out the Assad dynasty will lose its power and will cease to reign in Syria,” he said earlier this year.
The Israeli decision to hold Syria directly responsible for Hezbollah’s actions is believed to be the result of intelligence assessments that Beirut has lost control of the Shi’ite organisation, which has become an increasingly powerful force in Lebanon.
Reports that Syria has supplied Hezbollah with Russian-made Scud ballistic missiles have alarmed Israeli ministers. The missiles have the potential to reach the entire country and could carry chemical warheads. New gas masks are being supplied to Israel’s entire population, with an intensive television advertising campaign underway to stress their importance."
http://www.timesonline.co.uk/tol/news/world/middle_east/article7101106.ece
What is ISAIAH 17?
"The burden of Damascus. Behold, Damascus is taken away from being a city, and it shall be a ruinous heap."
http://funy1.blogspot.com/2010/02/star-of-chiun-on-syrian-palace-floor-on.html
Somewhere in the after life's ethereal realm equivalent of the outskirts of the ancient Jerusalem garbage dump heap known as Gehenam(the origin of the word HELL), Albert "Roasting on a S"Pike is amused that his Fascist Forecast of a World War III between ISLAM and JUDAISM is about to come to fruition.
In 2006, after the World Cup had ended by 2 days, ISRAEL and HIZBALLAH were running around fulfilling ISAIAH 33.
The 7-11 US dated( 12-7 Middle East Calendar) conflagration is going to be harder to replicate this year on convenience store day since the World Cup Final will be decided on 7-11.
What are a bunch of lunatic military industrial fascists to do in stopping their party hardy foot soldiers from month long and all night long 7-11 World Cup Final partying so they can get to the business of manifesting abominably desolate confrontation?
Circa 2006 post World Cup fighting was tit for tat to the dot self fulfilling manifestation of ISAIAH 33 between Moloch STAR STATE ISRA-EL Vs HIZBALLAH
EL and ALLAH are part and parcel Semitic descriptions of the same Old Testament “Most High” Canaanite Deity thought by scholars to actually be the biblical manifestation of the much older worship of the SUN.
So now, the ancient SUN worshiping Henotheist religious byproducts are at it again destroying the Earth in the name of one deity chosen out of many Deities:
Usurious Rotten Child Bankster founded STAR OF MOLOCH state "ISRA-EL" have just threatened their Middle East STAR OF MOLOCH counterparts SYRIA with a self fulfilling manifestation of the Old Testament ISAIAH 17 prophecy.
http://debka.com/article/8726/
"Israel has delivered a secret warning to Syrian President Bashar Assad that it will respond to missile attacks from Hezbollah, the militant Lebanese-based Islamist group, by launching immediate retaliation against Syria itself.
In a message, sent earlier this month, Israel made it clear that it now regards Hezbollah as a division of the Syrian army and that reprisals against Syria will be fast and devastating.
It follows the discovery by Israeli intelligence that Syria has recently supplied long-range ballistic missiles and advanced anti-aircraft systems to Hezbollah.
“We’ll return Syria to the Stone Age by crippling its power stations, ports, fuel storage and every bit of strategic infrastructure if Hezbollah dare to launch ballistic missiles against us,” said an Israeli minister, who who was speaking off-the-record, last week.
The warning, which was conveyed to Damascus by a third party, was sent to reinforce an earlier signal by Avigdor Lieberman, the Israeli foreign minister. “If a war breaks out the Assad dynasty will lose its power and will cease to reign in Syria,” he said earlier this year.
The Israeli decision to hold Syria directly responsible for Hezbollah’s actions is believed to be the result of intelligence assessments that Beirut has lost control of the Shi’ite organisation, which has become an increasingly powerful force in Lebanon.
Reports that Syria has supplied Hezbollah with Russian-made Scud ballistic missiles have alarmed Israeli ministers. The missiles have the potential to reach the entire country and could carry chemical warheads. New gas masks are being supplied to Israel’s entire population, with an intensive television advertising campaign underway to stress their importance."
http://www.timesonline.co.uk/tol/news/world/middle_east/article7101106.ece
What is ISAIAH 17?
"The burden of Damascus. Behold, Damascus is taken away from being a city, and it shall be a ruinous heap."
http://funy1.blogspot.com/2010/02/star-of-chiun-on-syrian-palace-floor-on.html
Somewhere in the after life's ethereal realm equivalent of the outskirts of the ancient Jerusalem garbage dump heap known as Gehenam(the origin of the word HELL), Albert "Roasting on a S"Pike is amused that his Fascist Forecast of a World War III between ISLAM and JUDAISM is about to come to fruition.
In 2006, after the World Cup had ended by 2 days, ISRAEL and HIZBALLAH were running around fulfilling ISAIAH 33.
The 7-11 US dated( 12-7 Middle East Calendar) conflagration is going to be harder to replicate this year on convenience store day since the World Cup Final will be decided on 7-11.
What are a bunch of lunatic military industrial fascists to do in stopping their party hardy foot soldiers from month long and all night long 7-11 World Cup Final partying so they can get to the business of manifesting abominably desolate confrontation?
Corrupt Politicians doing Bankster bidding......now turning against Banksters?
Say it ain't so, Gordon.
Apocalyptic preview Volcanic Ash got ya seeking redemption for selling your soul to the lowest bidder Banksters?
So now Greed isn't good, Gekko?
Or is that Gordon "Greek is Good" Gekko?
"Gordon Brown has called for a "special investigation" into Goldman Sachs after reports that the bank is to pay £3.5bn in bonuses.
Speaking on the BBC's Andrew Marr Show the Prime Minister described the situation as one of "moral bankruptcy".
His criticism follows allegations by the Securities and Exchange Commission in US that Goldman defrauded investors during the sub-prime housing crisis.
Goldman strongly rejected the claims as wrong "in fact and law".
Mr Brown said that the UK Financial Services Authority should launch an immediate inquiry in co-operation with the US regulator, the Securities and Exchange Commission (SEC).
The Sunday Times reported that the bank was set to pay out £3.5bn in bonuses to its staff worldwide - including almost £600m to 5,500 London-based employees - for just three months work.
On Friday, the SEC issued civil charges against Goldman that it failed to disclose conflicts of interest during the marketing of sub-prime mortgages in which investors lost $1bn.
Mr Brown said that the issue underlined the need for further reform of the international banking system. "I am shocked at this moral bankruptcy. This is probably one of the worst cases that we have seen," he said. "
http://news.bbc.co.uk/2/hi/business/8628231.stm
This coming from the guy who sold what remained of Britain's Gold at the bottom(or what remained of Empirical Bullion that the Rotten Child has not swindled away into its subterranean vaults while awaiting the return of the Annunaki gold seekers.... The Nibiru invaders do not take thin air paper units. Rotty cannot monetize its 500 Trillion plus ownership of half the world without some non Tungsten laced Gold)
The thinking shared by this Blogger and others
http://www.zerohedge.com/article/yesterday-germany-today-uk-tomorrow-world-goldmans-response-lawsuits-everyone-q1-stub-bonuse
is that Goldman Sachs is running out of time left where they can extort thin air monetary units before they are shut down for spear heading the RICO RACKET whose end will see the likes of low level minions such as Helicopter Ben and Turbo Tax Tim get their perp walk along with Easy Al and the rest of the cronies at 33 Liberty.
At this moment, it sounds ludicrous to make the statement above and I'm sure that The Little Prince's 500 Million Cretinous Excremental Orifice doing God's work is thinking up more ways to defraud the lower caste of humanity, but soon, these carnal cretins of financial disaster are going to be wishing for those perp walks.
Why?
They're going to be facing the hordes of penniless serfs who want someone's head on a stick and will not take a no for an answer.
Violent Vitriol? Hardly.
Sometimes, one must forecast what one sees blatantly coming down the Pike, Albert!
Even perp walks for the RICO RACKET is better than the long term forecast for this crowd at the end of this decade: Cannibalism.
The people who have been busy eating away the life essence of the bondage serfdom of humanity while accumulating soon to be worthless thin air units, will find themselves in literal eat or be eaten struggles near the end of this decade as the famine that arises out of disregarding the biggest threat to Humanity takes center stage.
The Karma Piggy bank will be broken and the hordes of the starving serfs will need bigger Walls than those that intersect broad on the little Island in the stream.
That is what they are.
In the mean time, - 100$ per share will soon be deemed too expensive a price to pay for buying Government Sachs, even for someone as daft at creating exotically worthless securities as Fabulous Fab.
http://funy1.blogspot.com/2010/03/whose-leverage-is-more-worthless-jp.html
Apocalyptic preview Volcanic Ash got ya seeking redemption for selling your soul to the lowest bidder Banksters?
So now Greed isn't good, Gekko?
Or is that Gordon "Greek is Good" Gekko?
"Gordon Brown has called for a "special investigation" into Goldman Sachs after reports that the bank is to pay £3.5bn in bonuses.
Speaking on the BBC's Andrew Marr Show the Prime Minister described the situation as one of "moral bankruptcy".
His criticism follows allegations by the Securities and Exchange Commission in US that Goldman defrauded investors during the sub-prime housing crisis.
Goldman strongly rejected the claims as wrong "in fact and law".
Mr Brown said that the UK Financial Services Authority should launch an immediate inquiry in co-operation with the US regulator, the Securities and Exchange Commission (SEC).
The Sunday Times reported that the bank was set to pay out £3.5bn in bonuses to its staff worldwide - including almost £600m to 5,500 London-based employees - for just three months work.
On Friday, the SEC issued civil charges against Goldman that it failed to disclose conflicts of interest during the marketing of sub-prime mortgages in which investors lost $1bn.
Mr Brown said that the issue underlined the need for further reform of the international banking system. "I am shocked at this moral bankruptcy. This is probably one of the worst cases that we have seen," he said. "
http://news.bbc.co.uk/2/hi/business/8628231.stm
This coming from the guy who sold what remained of Britain's Gold at the bottom(or what remained of Empirical Bullion that the Rotten Child has not swindled away into its subterranean vaults while awaiting the return of the Annunaki gold seekers.... The Nibiru invaders do not take thin air paper units. Rotty cannot monetize its 500 Trillion plus ownership of half the world without some non Tungsten laced Gold)
The thinking shared by this Blogger and others
http://www.zerohedge.com/article/yesterday-germany-today-uk-tomorrow-world-goldmans-response-lawsuits-everyone-q1-stub-bonuse
is that Goldman Sachs is running out of time left where they can extort thin air monetary units before they are shut down for spear heading the RICO RACKET whose end will see the likes of low level minions such as Helicopter Ben and Turbo Tax Tim get their perp walk along with Easy Al and the rest of the cronies at 33 Liberty.
At this moment, it sounds ludicrous to make the statement above and I'm sure that The Little Prince's 500 Million Cretinous Excremental Orifice doing God's work is thinking up more ways to defraud the lower caste of humanity, but soon, these carnal cretins of financial disaster are going to be wishing for those perp walks.
Why?
They're going to be facing the hordes of penniless serfs who want someone's head on a stick and will not take a no for an answer.
Violent Vitriol? Hardly.
Sometimes, one must forecast what one sees blatantly coming down the Pike, Albert!
Even perp walks for the RICO RACKET is better than the long term forecast for this crowd at the end of this decade: Cannibalism.
The people who have been busy eating away the life essence of the bondage serfdom of humanity while accumulating soon to be worthless thin air units, will find themselves in literal eat or be eaten struggles near the end of this decade as the famine that arises out of disregarding the biggest threat to Humanity takes center stage.
The Karma Piggy bank will be broken and the hordes of the starving serfs will need bigger Walls than those that intersect broad on the little Island in the stream.
That is what they are.
In the mean time, - 100$ per share will soon be deemed too expensive a price to pay for buying Government Sachs, even for someone as daft at creating exotically worthless securities as Fabulous Fab.
http://funy1.blogspot.com/2010/03/whose-leverage-is-more-worthless-jp.html
Friday, April 16, 2010
Why would the SEC charge Goldman Sachs on Friday options expiration day?
A little too late to prevent the now paused but soon to be continuing financial meltdown brought upon this nation by unprecedented fraud from the RICO RACKET:
http://funy1.blogspot.com/2010/01/racket-racket-theyre-running-racket.html
The SEC has finally charged Goldman Sachs and its exec Fabrice Tourre(known as Fabulous Fab) with civil securities fraud for creating securities for its client John Paulson then selling it to their clients(Two European Banks) while simultaneously betting against the toxic bouquet that it helped create.
From the Horse's mouth, all you need to know about self named DIVA known as Fabulous Fab:
"More and more leverage in the system. Only potential survivor, the fabulous Fab[rice Tourre]... standing in the middle of all these complex, highly leveraged, exotic trades he created without necessarily understanding all of the implications of those monstrosities!!!"
http://money.cnn.com/2010/04/16/news/companies/goldman_fabrice_tourre_sec/index.htm
http://www.styleblips.com/2010/04/goldman-sachs-john-paulson-and-fabulous.html
http://news.bbc.co.uk/2/hi/business/8625931.stm
"April 16 (Bloomberg) -- Goldman Sachs Group Inc. was sued by U.S. regulators for fraud tied to collateralized debt obligations that contributed to the worst financial crisis since the Great Depression. The firm’s shares tumbled as much as 16 percent and financial stocks slumped.
Goldman Sachs misstated and omitted key facts about a financial product tied to subprime mortgages as the U.S. housing market was starting to falter, the Securities and Exchange Commission said in a statement today. The SEC also sued Fabrice Tourre, a Goldman Sachs vice president.
“The product was new and complex but the deception and conflicts are old and simple,” SEC Enforcement Director Robert Khuzami said in the statement. “Goldman wrongly permitted a client that was betting against the mortgage market to heavily influence which mortgage securities to include in an investment portfolio, while telling other investors that the securities were selected by an independent, objective third party.”
The SEC alleged that Goldman Sachs, led by Chief Executive Officer Lloyd Blankfein, 55, structured and marketed CDOs that hinged on the performance of subprime mortgage-backed securities. The New York-based firm failed to disclose to investors that hedge fund Paulson & Co. was betting against the CDO, known as Abacus, and influenced the selection of securities for the portfolio, the SEC said. Paulson wasn’t accused of wrongdoing. "
http://www.bloomberg.com/apps/news?pid=20601087&sid=agT1H2ffyJCA
There is one pertinent question that must be asked not only of the SEC but of Goldman Sachs?
Why today? Why on an options expiration day?
Is the SEC in collusion with Goldman Sachs? It is beyond simple suspicion that this happened on an options expiration day. Had this occurred next Monday it would have been suspicious also.
Did the SEC staff not know that today was expiration day? Hardly!
Someone must have known about these proceedings and guess #1 is Goldman Sachs.
Who's going to investigate Goldman's traders and their purchasing of puts on their own securities to bet against themselves in effect and win big.
How big?
If a gambler( aka Government Sachs Casino Services, Inc) had put down 1 grand on their $170 April put options in the morning when they were trading for pennies, by high noon that 1k bet(plus 1k commissions) would be worth at least a cool million if not 1.45 million.
Does the SEC care to find out who else was betting on Goldman to fall this much on options expiration day?
This would be a loop feedback type of investigation where the SEC would be investigating its own leaks on this case.
A slap of the hand indictment was bound to happen, but there's a reason why you don't indict on options expiration days, unless you have the need to make 110,000 % on your money in one day.
That means you Ben's Bernanke's Brigade of bribed primary dealers. Who's going to investigate you?
http://funy1.blogspot.com/2010/03/whose-leverage-is-more-worthless-jp.html
http://funy1.blogspot.com/2010/01/racket-racket-theyre-running-racket.html
The SEC has finally charged Goldman Sachs and its exec Fabrice Tourre(known as Fabulous Fab) with civil securities fraud for creating securities for its client John Paulson then selling it to their clients(Two European Banks) while simultaneously betting against the toxic bouquet that it helped create.
From the Horse's mouth, all you need to know about self named DIVA known as Fabulous Fab:
"More and more leverage in the system. Only potential survivor, the fabulous Fab[rice Tourre]... standing in the middle of all these complex, highly leveraged, exotic trades he created without necessarily understanding all of the implications of those monstrosities!!!"
http://money.cnn.com/2010/04/16/news/companies/goldman_fabrice_tourre_sec/index.htm
http://www.styleblips.com/2010/04/goldman-sachs-john-paulson-and-fabulous.html
http://news.bbc.co.uk/2/hi/business/8625931.stm
"April 16 (Bloomberg) -- Goldman Sachs Group Inc. was sued by U.S. regulators for fraud tied to collateralized debt obligations that contributed to the worst financial crisis since the Great Depression. The firm’s shares tumbled as much as 16 percent and financial stocks slumped.
Goldman Sachs misstated and omitted key facts about a financial product tied to subprime mortgages as the U.S. housing market was starting to falter, the Securities and Exchange Commission said in a statement today. The SEC also sued Fabrice Tourre, a Goldman Sachs vice president.
“The product was new and complex but the deception and conflicts are old and simple,” SEC Enforcement Director Robert Khuzami said in the statement. “Goldman wrongly permitted a client that was betting against the mortgage market to heavily influence which mortgage securities to include in an investment portfolio, while telling other investors that the securities were selected by an independent, objective third party.”
The SEC alleged that Goldman Sachs, led by Chief Executive Officer Lloyd Blankfein, 55, structured and marketed CDOs that hinged on the performance of subprime mortgage-backed securities. The New York-based firm failed to disclose to investors that hedge fund Paulson & Co. was betting against the CDO, known as Abacus, and influenced the selection of securities for the portfolio, the SEC said. Paulson wasn’t accused of wrongdoing. "
http://www.bloomberg.com/apps/news?pid=20601087&sid=agT1H2ffyJCA
There is one pertinent question that must be asked not only of the SEC but of Goldman Sachs?
Why today? Why on an options expiration day?
Is the SEC in collusion with Goldman Sachs? It is beyond simple suspicion that this happened on an options expiration day. Had this occurred next Monday it would have been suspicious also.
Did the SEC staff not know that today was expiration day? Hardly!
Someone must have known about these proceedings and guess #1 is Goldman Sachs.
Who's going to investigate Goldman's traders and their purchasing of puts on their own securities to bet against themselves in effect and win big.
How big?
If a gambler( aka Government Sachs Casino Services, Inc) had put down 1 grand on their $170 April put options in the morning when they were trading for pennies, by high noon that 1k bet(plus 1k commissions) would be worth at least a cool million if not 1.45 million.
Does the SEC care to find out who else was betting on Goldman to fall this much on options expiration day?
This would be a loop feedback type of investigation where the SEC would be investigating its own leaks on this case.
A slap of the hand indictment was bound to happen, but there's a reason why you don't indict on options expiration days, unless you have the need to make 110,000 % on your money in one day.
That means you Ben's Bernanke's Brigade of bribed primary dealers. Who's going to investigate you?
http://funy1.blogspot.com/2010/03/whose-leverage-is-more-worthless-jp.html
Saturday, April 10, 2010
If Franz Ferdinand's driver does not take the wrong turn.......
after the first attempted assassination of the Archduke failed, there would not have been a World War I triggered by the various defense treaties.
Had there not been a World War I, Germany would not have lost it and plunged into the Depression that led to the rise of Hitler and his banker funded World War II which lead to various holocausts and catastrophes of millions of people from all creeds that ultimately lead to continuous Middle East Conflicts.
Had that one event not occurred, the tragedy of the massacre of Katyn would not have happened, its 70th anniversary would not have been commemorated with the tragic death of Poland's President, his wife and countless other elected and appointed officials from Poland
http://news.bbc.co.uk/2/hi/europe/8613778.stm
http://news.bbc.co.uk/2/hi/europe/8612920.stm
"The pavement in front of President Kaczynski's palace in central Warsaw has nearly disappeared from sight, covered now with thousands of small glass pots containing candles laid as a mark of respect, the BBC's Duncan Kennedy reports from the city.
Mr Kaczynski's body was brought back from Russia on Sunday. It was driven through crowd-lined streets to the palace, where it will lie in state.
"He taught Poles how to respect our traditions, how to fight for our dignity, and he made he made his sacrifice there at that tragic place," mourner Boguslaw Staron, 70, told the Associated Press news agency.
Among those who also died in the crash was the president's wife, Maria.
There is no precedent for a duel funeral involving a head of state and his first lady, so it is unclear if they will have a joint or separate ceremony, our correspondent says.
With a swathe cut through the top military leaders, their first deputies have taken over any immediate duties meaning that the country's armed forces are operating normally, he adds.
At the central bank, the late Slawomir Skrzypek was replaced temporarily by his deputy, Piotr Wiesiolek.
Parliamentary Speaker Bronislaw Komorowski said he would call for early elections within 14 days, in line with the constitution. The vote must be held within another 60 days.
Relatives of some of the air crash victims have been arriving in Moscow in an effort to identify their loved ones formally.
The Polish government plane was carrying dignitaries who spanned Polish public life. They had been due to attend a memorial for the Polish victims of a World War II massacre by Soviet secret police at Katyn in Smolensk.
Commentators in Poland have stressed the irony that so many senior figures were killed making a visit to commemorate victims of a massacre which targeted the elite of Poland's officer corps.
"This is so very much like Katyn, where our head was cut off," said former President Lech Walesa.... "
http://news.bbc.co.uk/2/hi/europe/8614685.stm
Fate? Happenstance?
It's almost as if there is an inherent negative energy vortex that is present at Katyn that seeks out polish officers. It would be best to stay away from Smolensk when commemorating the now double tragedies that the Polish people have suffered through their long history of suffering.
Let us hope that Smolensk is where the suffering has come to an end.
Had there not been a World War I, Germany would not have lost it and plunged into the Depression that led to the rise of Hitler and his banker funded World War II which lead to various holocausts and catastrophes of millions of people from all creeds that ultimately lead to continuous Middle East Conflicts.
Had that one event not occurred, the tragedy of the massacre of Katyn would not have happened, its 70th anniversary would not have been commemorated with the tragic death of Poland's President, his wife and countless other elected and appointed officials from Poland
http://news.bbc.co.uk/2/hi/europe/8613778.stm
http://news.bbc.co.uk/2/hi/europe/8612920.stm
"The pavement in front of President Kaczynski's palace in central Warsaw has nearly disappeared from sight, covered now with thousands of small glass pots containing candles laid as a mark of respect, the BBC's Duncan Kennedy reports from the city.
Mr Kaczynski's body was brought back from Russia on Sunday. It was driven through crowd-lined streets to the palace, where it will lie in state.
"He taught Poles how to respect our traditions, how to fight for our dignity, and he made he made his sacrifice there at that tragic place," mourner Boguslaw Staron, 70, told the Associated Press news agency.
Among those who also died in the crash was the president's wife, Maria.
There is no precedent for a duel funeral involving a head of state and his first lady, so it is unclear if they will have a joint or separate ceremony, our correspondent says.
With a swathe cut through the top military leaders, their first deputies have taken over any immediate duties meaning that the country's armed forces are operating normally, he adds.
At the central bank, the late Slawomir Skrzypek was replaced temporarily by his deputy, Piotr Wiesiolek.
Parliamentary Speaker Bronislaw Komorowski said he would call for early elections within 14 days, in line with the constitution. The vote must be held within another 60 days.
Relatives of some of the air crash victims have been arriving in Moscow in an effort to identify their loved ones formally.
The Polish government plane was carrying dignitaries who spanned Polish public life. They had been due to attend a memorial for the Polish victims of a World War II massacre by Soviet secret police at Katyn in Smolensk.
Commentators in Poland have stressed the irony that so many senior figures were killed making a visit to commemorate victims of a massacre which targeted the elite of Poland's officer corps.
"This is so very much like Katyn, where our head was cut off," said former President Lech Walesa.... "
http://news.bbc.co.uk/2/hi/europe/8614685.stm
Fate? Happenstance?
It's almost as if there is an inherent negative energy vortex that is present at Katyn that seeks out polish officers. It would be best to stay away from Smolensk when commemorating the now double tragedies that the Polish people have suffered through their long history of suffering.
Let us hope that Smolensk is where the suffering has come to an end.
Thursday, April 08, 2010
Let us work so you can retire. You have fun as we expire...
Visit msnbc.com for breaking news, world news, and news about the economy
Why are we bailing out GM's Pension Benefit Guaranty Corporation? Most companies no longer have 401k retirement and pension programs anymore.
There is 2 main reasons why GM got into trouble:
#1 Once Germany and Japan recovered from the Allied devastation of WWII, their productive capacity and work ethic made them ultra competitive in producing durable cars.
#3 As a result of thinking #1 would not occur and becoming complacent in productive capacity, innovation and quality of work, GM and its workers atrophied and were unable to compete because they produced inferior products. Had their products been superior, Americans would not have dramatically increased their purchases of foreign cars.
We have been collectively working towards our own demise. As the Poet and writer Gibran Khalil Gibran has stated in his masterpiece the prophet: "woe to the nation that reaps from what it does not sow."
We are reaping the benefits of a Global Banking and Military industrial complex whose side effect is a monstrosity that is called the Bank and Warfare model.
During the boom cycles of the Bank and Warfare model, we party like there is no tomorrow and then the music stops and it's bye bye Miss American pie:
American Pie Lyrics
A long, long time ago...
I can still remember
How that music used to make me smile.
And I knew if I had my chance
That I could make those people dance
And, maybe, they'd be happy for a while.
But February made me shiver
With every paper I'd deliver.
Bad news on the doorstep;
I couldn't take one more step.
I can't remember if I cried
When I read about his widowed bride,
But something touched me deep inside
The day the music died.
So bye-bye, Miss American Pie.
Drove my Chevy to the levee,
But the levee was dry.
And them good old boys were drinkin' whiskey and rye
Singin', "this'll be the day that I die.
"this'll be the day that I die."
Did you write the book of love,
And do you have faith in God above,
If the Bible tells you so?
Do you believe in rock 'n roll,
Can music save your mortal soul,
And can you teach me how to dance real slow?
Well, I know that you're in love with him
`cause I saw you dancin' in the gym.
You both kicked off your shoes.
Man, I dig those rhythm and blues.
I was a lonely teenage broncin' buck
With a pink carnation and a pickup truck,
But I knew I was out of luck
The day the music died.
I started singin',
"bye-bye, Miss American Pie."
Drove my Chevy to the levee,
But the levee was dry.
Them good old boys were drinkin' whiskey and rye
And singin', "this'll be the day that I die.
"this'll be the day that I die."
Now for ten years we've been on our own
And moss grows fat on a rollin' stone,
But that's not how it used to be.
When the jester sang for the king and queen,
In a coat he borrowed from James Dean
And a voice that came from you and me,
Oh, and while the king was looking down,
The jester stole his thorny crown.
The courtroom was adjourned;
No verdict was returned.
And while Lennon read a book of Marx,
The quartet practiced in the park,
And we sang dirges in the dark
The day the music died.
We were singing,
"bye-bye, Miss American Pie."
Drove my Chevy to the levee,
But the levee was dry.
Them good old boys were drinkin' whiskey and rye
And singin', "this'll be the day that I die.
"this'll be the day that I die."
Helter skelter in a summer swelter.
The birds flew off with a fallout shelter,
Eight miles high and falling fast.
It landed foul on the grass.
The players tried for a forward pass,
With the jester on the sidelines in a cast.
Now the half-time air was sweet perfume
While the sergeants played a marching tune.
We all got up to dance,
Oh, but we never got the chance!
`cause the players tried to take the field;
The marching band refused to yield.
Do you recall what was revealed
The day the music died?
We started singing,
"bye-bye, Miss American Pie."
Drove my Chevy to the levee,
But the levee was dry.
Them good old boys were drinkin' whiskey and rye
And singin', "this'll be the day that I die.
"this'll be the day that I die."
Oh, and there we were all in one place,
A generation lost in space
With no time left to start again.
So come on: jack be nimble, jack be quick!
Jack Flash sat on a candlestick
Cause fire is the devil's only friend.
Oh, and as I watched him on the stage
My hands were clenched in fists of rage.
No angel born in hell
Could break that satan's spell.
And as the flames climbed high into the night
To light the sacrificial rite,
I saw satan laughing with delight
The day the music died
He was singing,
"bye-bye, Miss American Pie."
Drove my Chevy to the levee,
But the levee was dry.
Them good old boys were drinkin' whiskey and rye
And singin', "this'll be the day that I die.
"this'll be the day that I die."
I met a girl who sang the blues
And I asked her for some happy news,
But she just smiled and turned away.
I went down to the sacred store
Where I'd heard the music years before,
But the man there said the music wouldn't play.
And in the streets: the children screamed,
The lovers cried, and the poets dreamed.
But not a word was spoken;
The church bells all were broken.
And the three men I admire most:
The father, son, and the holy ghost,
They caught the last train for the coast
The day the music died.
And they were singing,
"bye-bye, Miss American Pie."
Drove my Chevy to the levee,
But the levee was dry.
And them good old boys were drinkin' whiskey and rye
Singin', "this'll be the day that I die.
"this'll be the day that I die."
They were singing,
"bye-bye, Miss American Pie."
Drove my Chevy to the levee,
But the levee was dry.
Them good old boys were drinkin' whiskey and rye
Singin', "this'll be the day that I die."
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