"Outlaw the Shadow Banking System!" - Guess Who Said It?

Are the follow articles just rumours? or have we finally reached a point were the Elites are literally on the run?

When I read the remarks of President Obama and Prime Minister Gordon Brown after their meeting at the Oval Office on March 3, 2009 and the speech of the latter to the Joint Session of Congress on March 4, 2009, I realized that a growing antagonism has emerged between certain factions of the ruling elites in the City of London and in Washington DC.

The first warning of the acute differences was sounded by President Obama himself and it was most surprising that the mass media paid hardly attention to it. In his weekly address on February 28, 2009, President Obama said:

“I realize that passing this budget won’t be easy. Because it represents real and dramatic change, it also represents a threat to the status quo in Washington. I know that the insurance industry won’t like the idea that they’ll have to bid competitively to continue offering Medicare coverage, but that’s how we’ll help preserve and protect Medicare and lower health care costs for American families. I know that banks and big student lenders won’t like the idea that we’re ending their huge taxpayer subsidies, but that’s how we’ll save taxpayers nearly $50 billion and make college more affordable. I know that oil and gas companies won’t like us ending nearly $30 billion in tax breaks, but that’s how we’ll help fund a renewable energy economy that will create new jobs and new industries. In other words, I know these steps won’t sit well with the special interests and lobbyists who are invested in the old way of doing business, and I know they’re gearing up for a fight as we speak. My message to them is this:

“So am I.”

It is clear something is definitely amiss within the ruling elites and President Obama has thrown the gauntlet to his adversaries. The skeptics may say that we should not read too much into this above quoted paragraph, as it could be mere spin to rally the troops in times of crisis. Time will tell.

I take the view that it is inevitable that the members of the ruling elites would go for each other’s throats because those who were given the charge to ensure that the money-machine keeps running have screwed up big time. Someone must answer for the fiasco.

The Blame Game

It would be naïve to assume that the status quo would remain, when the Global Trillion Dollar Casino is for all intents and purposes broken down beyond repair.

Confirmation that the blame game has started in earnest can be found in the aforesaid remarks of President Obama and Prime Minister Gordon Brown on March 3, 2009 given after their meeting at the Oval Office and Brown’s speech to Congress on March 4, 2009.

Let us come back to the issue of the money-lenders. For some strange reason, many people are put off by the term “money-lenders” but are ever so comfortable with bankers.

But are not bankers, money-lenders?

In fact I would say that money-lenders are more honourable than your high street bankers, as they can only rob you in the millions. The global bankers, they rape and plunder in the trillions!

Is it any wonder that Gordon Brown and President Obama, the political representatives of the Power Elites have decided that it is about time that these financial harlots are to be brought under control before they wreck the entire global power structure?

Let us have no illusions about Obama and Gordon Brown. They are going after these financial harlots not because they want to protect us from these criminals, but because for too long the political faction had to play second fiddle to the financial faction in the overall scheme of global one world government.

Until lately, money power triumphed over political power. However, when the entire financial system broke into pieces, it was time to settle scores!

Read for yourself:

Prime Minister Gordon Brown’s remarks at the White House, March 3, 2009

“Well, there's got to be deep regulatory change. We've just been talking, Barack and I, about the need for proper supervision of shadow banking systems, of areas where there was bank practices that were unacceptable, where remuneration policies got out of hand and weren't based on long-term success, but on short-term deals. And these are the changes that we've already announced that we are going to make.”

“We've had a global banking failure, and it's happened in every part of the world. It's almost like a power cut that went right across the financial system. And we have got to rebuild that financial system. We've got to isolate the bad assets.”

“You don't want shadow banking systems. You don't want regulatory tax havens. So we've got to act as a world together to deal with that. And that's one of the things we'll be talking about in April in London.”

President Obama’s response at the White House, March 3, 2009

“Now, having said that, the banking system has been dealt a heavy blow. It has to do with many of the things that Prime Minister Brown alluded to: lax regulation, massive over-leverage, huge systemic risks taken by unregulated institutions, as well as regulated institutions. And so there are a lot of losses that are working their way through the system. And it's not surprising that the market is hurting as a consequence. In fact, I think what we're seeing is that as people absorb the depths of the problem that existed in the banking system, as well as the international ramifications of it, that there's going to be a natural reaction.”

“We are cleaning up that mess. It's going to be sort of full of fits and starts in terms of getting the mess cleaned up, but it's going to get cleaned up.”

Prime Minister Gordon Brown’s Speech to Congress, March 4, 2009

“And we need to understand what went wrong in this crisis, that the very financial instruments that were designed to diversify risk across the banking system instead spread contagion across the globe. And today's financial institutions are so interwoven that a bad bank anywhere is a threat to good banks everywhere.”

“And you are also restructuring your banks. So are we. But how much safer would everybody's savings be if the whole world finally came together to outlaw shadow banking systems and offshore tax havens?”

You have just read that Prime Minister Gordon Brown has made the call to “outlaw the shadow banking system and offshore tax havens!”

Wow!

Even if you are a skeptic and holds the view that the quotes are mere spin to delude the people, you cannot deny that Prime Minister Brown has let the genie out of the bottle!

Whether there are any follow through actions by President Obama and Prime Minister Brown, the global citizens must take action independently, if they want to save their children, and their children’s children from decades of impoverishment and extreme hardship.

The most powerful leader of the Western world and his side-kick has openly and unreservedly acknowledged that we are having a global financial melt-down. And that the cause for this catastrophe is the shadow banking system!

There is now an open warfare between the political factions and the financial factions of the global power elites. This will be ugly. And as President Obama warned, “they are gearing for a fight…” He has also responded to the challenge: “So am I.”

Given the above scenario, we must first take out the financial elites, and thereafter the political faction, failing which we will all plunge into the black hole of financial Armageddon!

Source: globalresearch.ca

...and now this: rumormillnews.com

07/10/2008

I have thought about posting the information below for a long time. However, I feel I should post the information below and if it does turn out to be nothing then the worst that could happen is I will look like just another conspiracy theorist.

Once again, is this article just another conspiracy theory or is there something behind this? There has been a lot of investigation into the "web bots" software, and granted some of the "predictions" have come true.

However! On a completely separate issue, I have been told that 'something' big will happen on the week commencing the 6th October and warned to be on my guard and make sure things are in place.

The article reads "The Web Bots see September 22-27, 2008 as precursor dates to the main turning point date" This article was posted before the economic activity of last week.

I am sceptical about this sort of information and about articles just like the one below. I have posted the article below and informed you what I have been told; it is now up to you to decide if any of this is true.

I hope I am sat here next Friday being able to write about the latest gossip that is flowing around the world, still moaning about the same people, creating the same problems. The name of the website also brings this information is one thing to smile about "pimp in turtle"

Until then, good luck everyone. Peace to you all.


RELATED: Web Bot Report Foresees October 7 "Turning Point"

"The Time Monks" of the Web Bot Project answered questions on Coast to Coast radio during the early morning hours on September 22nd, 2008.

Firstly, here is a short recap to the previous Web Bot interview from September 2nd, 2008:

" The Web Bots see September 22-27, 2008 as precursor dates to the main turning point date of October 7, 2008. Closely watch events during September 22-27, 2008 for hints as to what to expect on October 7, 2008.

Cliff said whenever "it" happens, and whatever "it" turns out to be, "it" will be a date in history you remember like 9/11, we will remember 10/7.

The Web Bots foresee that October 7, 2008 to February 19, 2009 will be filled with emotional intensity, and the length of the release period will be extraordinary. The Web Bots have never picked up any event lasting this long. In comparison, 9/11 length lasted about 10 days. This event will be four months of high emotion......."

Based upon the September 22nd interview on Coast to Coast radio with the Time Monks, here is an outline of what the Web Bots have uncovered for the following weeks, months and years:

The next year will get very ugly and will change your life worse than 9/11. It is important to understand the magnitude of the data. The sort of agony, grief, pain and rage that was felt the six days following 9/11 will be felt for five and a half months. From October 7th, 2008 until March of next year....

for more information: pimpinturtle.com

aphroditeastrology.com

This has also now appeared on the net:

*** FLASH TRAFFFIC ** EXTREMELY URGENT ***
Reliable word that Bank of America branch managers just received a message via the U.S. Federal Reserve Wire system from the US Fed instructing them to "perhaps be ready for a one-week universal shut-down of the banking system", including access to checking accounts, savings accounts and credit cards and ATM's.

Reliable word has it that BofA bank branches received a shipment of signs last week, reading "We're sorry, but due to circumstances beyond our control, we cannot be open at this time."

This raises the likelihood of a ONE WEEK LONG bank holiday coming soon. It would be wise to have some cash around because checks, credit cards, CDs don't work when the banks are closed. If you have CDs it might be worthwhile to cash them even though there is a penalty.

Additional word as of 8:08 PM EDT is that a silent run is taking place on many U.S. Banks with customers withdrawing huge amounts from all banks almost everyday. My source says that unless Congress comes through with a plan which will stop the silent run, Banks will be forced to close to stop the run.

Source: drudge.com

Also, this is what I feel: smokingmirrors.blogspot.com

Time is running out

Dear Friends,

Whenever a Great Bipartisan Consensus is announced, and a compliant media assures everyone that the wondrous actions of our wise leaders are being taken for our own good, you can know with absolute certainty that disaster is about to strike.

The events of the past week are no exception.

The bailout package that is about to be rammed down Congress' throat is not just economically foolish. It is downright sinister. It makes a mockery of our Constitution, which our leaders should never again bother pretending is still in effect. It promises the American people a never-ending nightmare of ever-greater debt liabilities they will have to shoulder. Two weeks ago, financial analyst Jim Rogers said the bailout of Fannie Mae and Freddie Mac made America more communist than China! "This is welfare for the rich," he said. "This is socialism for the rich. It's bailing out the financiers, the banks, the Wall Streeters."

That describes the current bailout package to a T. And we're being told it's unavoidable.

The claim that the market caused all this is so staggeringly foolish that only politicians and the media could pretend to believe it. But that has become the conventional wisdom, with the desired result that those responsible for the credit bubble and its predictable consequences - predictable, that is, to those who understand sound, Austrian economics - are being let off the hook. The Federal Reserve System is actually positioning itself as the savior, rather than the culprit, in this mess!

• The Treasury Secretary is authorized to purchase up to $700 billion in mortgage-related assets at any one time. That means $700 billion is only the very beginning of what will hit us.

• Financial institutions are "designated as financial agents of the Government." This is the New Deal to end all New Deals.

• Then there's this: "Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency." Translation: the Secretary can buy up whatever junk debt he wants to, burden the American people with it, and be subject to no one in the process.

There goes your country.

Even some so-called free-market economists are calling all this "sadly necessary." Sad, yes. Necessary? Don't make me laugh.

Our one-party system is complicit in yet another crime against the American people. The two major party candidates for president themselves initially indicated their strong support for bailouts of this kind - another example of the big choice we're supposedly presented with this November: yes or yes. Now, with a backlash brewing, they're not quite sure what their views are. A sad display, really.

Although the present bailout package is almost certainly not the end of the political atrocities we'll witness in connection with the crisis, time is short. Congress may vote as soon as tomorrow. With a Rasmussen poll finding support for the bailout at an anemic seven percent, some members of Congress are afraid to vote for it. Call them! Let them hear from you! Tell them you will never vote for anyone who supports this atrocity.

The issue boils down to this: do we care about freedom? Do we care about responsibility and accountability? Do we care that our government and media have been bought and paid for? Do we care that average Americans are about to be looted in order to subsidize the fattest of cats on Wall Street and in government? Do we care?

When the chips are down, will we stand up and fight, even if it means standing up against every stripe of fashionable opinion in politics and the media?

Times like these have a way of telling us what kind of a people we are, and what kind of country we shall be.

In liberty,

Ron Paul

Is the Illuminati Provoking Economic Collapse?

We may be on the verge of a stock market crash reminiscent of 1929.

I was watching CNBC when the news came across that Moody's had downgraded the Insurance giant AIG (American International Group.) This company was already on the ropes Monday when its stock crumbled to $4.75 from $11, %60 in one day. It was down from a $70 52-week-high. The company had gone to the Fed for a bailout. It was estimated it needed $40 billion.

Because of the Moody's downgrade, it emerges that it will need alot more money to avert bankruptcy. This is a massive company that holds the pensions of millions of employees. A money manager estimated that a trillion dollars would be lost if AIG declares bankruptcy. The whole world financial system could be taken down. He said banks in the Far East were already acting like this is inevitable, and the collapse already has been set in motion.

As you can imagine, the CNBC commentators were frantic. One demanded to know how the Fed can allow this to happen. "We know they print money," he said. Another wondered if the States whose pension funds were held by AIG could organize a bailout. Not enough time, he was told.

The bottom line is that Tuesday and the rest of this week could be ugly so be prepared. The second bottom line is that this Depression like the last appears to be caused by a deliberate contraction of credit. House prices are falling because banks don't have the money to lend to house buyers. As a result, portfolios holding mortgage backed securities are tumbling, taking banks with them. The Fed, after bailing out Fannie May and Fredie Mack, have let Lehman Brothers fail. AIG appears to be next and the dominoes will continue to fall.

At this time, it is important to be aware that an illuminati defector known as "Svali" said she was taught that the "end of the world" scenario involved an economic collapse. Remember the Illuminati is a Masonic cult founded and funded by the central bankers who own the Fed. Here is her full testimony given about ten year ago.

"Want to hear the end of the world scenario the Illuminati taught me? It was cult propaganda, but this is how they believed the New Order would be ushered in:

There will be continued conflict in the Mideast, with a severe threat of nuclear war being the culmination of these hostilities. An economic collapse that will devastate the economy of the US and Europe, much like the great depression.

One reason that our economy continues limping along is the artificial supports that the Federal Reserve had given it, manipulating interest rates, etc. But one day, this won't work (or this leverage will be withdrawn on purpose) and the next great depression will hit.

The government will call in its bonds and loans, and credit card debts will be called in. There will be massive bankruptcies nationwide. Europe will stabilize first,and Germany, France and England (surprise) will have the strongest economies, and will institute through the UN an international currency. Japan will also pull out, although their economy will be weakened.

Peacekeeping forces will be sent out by the UN and local bases to prevent riots. The leaders will reveal themselves, and people will be asked to make a pledge of loyalty during a time of chaos and financial devastation.

Doesn't sound pleasant, does it? I don't know the exact time frame for all of this, and wouldn't want to even guess. The good news is that if a person is debt-free, owes nothing to the government or credit debt, and can live self sufficiently, they may do better than others. I would invest in gold, not stocks, if I had the income.

Gold will once again be the world standard, and dollars will be pretty useless (remember after the Civil War? Our money will be worth about what confederate money was after the collapse).

All this said, it could just be cult propaganda taught to me and others to frighten us. It may be that none of this will happen. I sincerely hope not. I also strongly believe that God is able to stay the hand of the wicked, and to take care of our nation and others, if we turn to Him."

http://giuli.com/svali/EssentialSvali.pdf

That noted, let's remember the words of Denis Healey, former British Defence Secretary and Secretary of the Exchequer: "World events do not occur by accident: They are made to happen, whether it is to do with national issues or commerce; and most of them are staged and managed by those who hold the purse strings."

I think we are in for a recession, maybe even a Depression but I don't think the Illuminati is ready to declare their New World Order just yet. However, this could be part of a larger scenario leading to World War Three, similar to the role the Great Depression played as a precursor to World War Two.

The Illuminati goal is to torture the human race until we cry out to them for world government, anything to stop the pain.

Source: Henrymakow.com

The Fed: Something big is going to happen

FEDERAL RESERVE BOARD OF GOVERNORS MEETING TO TAKE PLACE AT "C.O.G." FACILITY IN JACKSON HOLE, WYOMING ON AUGUST 31 !

C.O.G. STANDS FOR "CONTINUITY OF GOVERNMENT" AND IS A SUPER-HIGH-SECURITY, UNDERGROUND MILITARY INSTALLATION DESIGNED AS A SANCTUARY FOR GOVERNMENT IF THE U.S. IS HIT WITH NUKES OR SUFFERS OTHER CATASTROPHIC DISASTER

Why would the Fed Board of Governors decide to meet in such a place unless they KNOW something terribly huge is going to happen to the United States next month? This information on top of the stories below are unmistakable signals to us that something terrible is going to happen and the big shots already know it. . . . . .

Please spread the information on this web page along to every American so as many as possible know in advance that any "disaster" or "terrorist attack" or "economic collapse" was no surprise to our government. They clearly know something is going to happen and they are apparently going to let it happen. We may be forced to grab-up members of the Federal Reserve Board of Governors BEFORE they get into the COG so they can be properly "dealt with" when whatever happens, happens. The only reason they would head into the COG is to hide from angry Americans.

My advice to the government and to the Bankers is simple: Come clean now. Tell us the truth, the whole truth and nothng but the truth right now, BEFORE disaster strikes so we can make rational decisions, make rational plans and get through it as smoothly as possible - even if there's no way to avoid it. HOWEVER, if you conceal what seems to be coming and you allow it to blind-side us, there won't be any place for any of you to hide. We will hunt you down and deal with you for concealing the truth and thus harming us worse.

Source: mparent7777-2.blogspot.com