This is too much to let pass.
Dave Hodges attends the Arizona Breakfast Club. I spoke with him at the last meeting. He is really on top of things and has his own Internet Radio show… I do believe that we all have a tendency to “overlay” the information we read and come across with a pair of “rose-colored” glasses. We, by nature, use our belief systems to twist the information to fit the outcome our “belief” leads us toward. We must try to avoid applying these “beliefs” and try to look, objectively, at the information that is available to us. Applying “beliefs” and assuming things that are not true may put us in jeopardy. With that in mind… Events seem to be coming that we may not be prepared to handle. These two articles are CURRENT and quite on point. Please prepare yourself – at least mentally – for what may be coming. EXPECT THE UNEXPECTED! Terry = = = = = = = = = Game Over: Total Collapse is Imminent September 28, 2013 - Conspiracy, Featured, Main- Tagged: crony capitalism, environmentalists, false flag, federal reserve, FEMA, goldman sachs, government, martial law, new world order, obama, police state, prepping, tyranny, wall street- 21 comments
America, while you slept, your country was stolen from you. Your country was absconded by all the political misfits and corporate criminals that the disenfranchised former Republicans and Democrats have been trying to warn you about during the last several years .
Laws, originating out of New Deal legislation, written in response to the Great Depression, provided some measure of protection for the American financial system from the unsavory forces which led to its initial demise in 1929. In 2008, corporate greed, governmental corruption and a populace who was asleep at the wheel, has succeeded in achieving what historians will someday label the “Greatest Depression of 2013-2014.” History will also show that the destruction of the late, great American economy was entirely self-inflicted.
Why the US Economy Is Irreversibly Damaged If Americans knew their history, then we would be cognizant of the fact that one of the prime causes of the Great Depression was due to stock investors buying shares on margin (i.e., loans). Glass Steagall Act protected Americans from this shady practice by separating commercial banking from this investment practice of stockbrokers. However, with one stroke of his New World Order pen , Bill Clinton’s repeal of the Glass-Steagall Act opened the flood gates for the domestic AND foreign infusion of bad credit into both our stock market and banking system. Consequently, both industries stand in the midst of a total and complete economic collapse in what is quickly becoming known as the most massive wealth transfer in world history.
On September 30, 1999 , Fannie Mae and Freddie Mac sought governmental permission to “relax” (i.e., break) the prudent governmental regulations on sound lending practices and begin to make loans to individuals who were not credit worthy. This spelled the death of the mortgage industry as we once knew it and the housing market was collapsed.
The Uptick Rule once prevented companies from crashing due to large scale shorting of company stock. A company’s stock could not be sold short as long as it was in continuous decline. Short sellers had to wait for an uptick in the stock before engaging in shorting. The Uptick Rule was retired in 2007 and the rest, as they say, is history. The elimination of the Uptick Rule is like going to a basketball game and not being able to see the scoreboard. Who’s ahead, who’s behind? Nobody knows but “Ladies and Gentlemen, place your bets!” What is your stock portfolio worth? Who knows? Who cares? Somebody wealthy is getting wealthier at your expense and you and your middle class investors are none the wiser.
The rapid increase in the price of fuel during the last several years is a good example of the destructive nature of the derivative market. Most of the price gouging which resulted in unprecedented increases in gas prices, and record oil company profits, was due to speculation in futures especially by Goldman Sachs which just happens to be former Treasury Secretary’s Henry Paulson’s old company. Paulson oversaw the first bailouts as a result of the derivatives market failure. Today the derivatives market has collapsed and the collapse has pulled our entire economy along with it. The Federal Reserve is temporarily keeping the economy barely afloat by printing massive sums of money, but this game is almost over.
Why America Can Never Recover banksters get out of jail card free
Derivatives are not stocks or bonds or anything of tangible value. The value of a derivative is technically viewed as “anticipated future value.” Therefore, derivatives have no real value. However, a derivatives transaction must have the backing of a financial institution such as a brokerage or a bank. The assets used to back up and collateralize the worthless derivatives are real and substantial. When the derivatives market crashed, it took down hard assets of tangible value. In effect, the economy had stupidly used something in order to back up nothing and the something is now in the total control of the central bankers. To cover the losses of the “too-big-to-fail” entities, the bailouts were initiated in what constituted the largest wealth transfer in world history.
This is the ultimate money game in which paper derived from other paper, such as futures and options, has served to bolster the balance sheets on Wall Street. Futures and options are exchanged traded derivatives, but the largest group of derivatives is not even traded on the exchanges. These are called “counterparty derivatives” and consist of such financial entities as mortgage backed securities and credit default swaps.
It is estimated that total derivative exposure of the financial system is between one quadrillion and one and a half quadrillion. A quadrillion is 1,000 trillion dollars and it has largely collapsed. The entire Gross Domestic Product (GDP) of all the world’s countries in 2011 was approximately 77 trillion dollars. GDP is an economic term for everything that is produced for sale. The American middle class is being asked to bear the burden of the entire derivatives market collapse which totals over 16 times the net value of the entire planet. No amount of bailouts can ever cover the loss. This is simply the bankers way of transferring what is left of middle class wealth before the final collapse.
Where do you think the bail out money went? Ask yourself why so many corporate heads are building homes overseas? Why did George Bush build a 100,000 acre ranch in Paraguay? Why is NORTHCOM, a combat organization, is engaged in urban riot control training? Why did DHS purchase 2.2 billion rounds of ammunition to go with their 2700 armored personnel carriers? Even the National Weather Service has purchased million of rounds of ammunition. Why are the Russians training on American soil with FEMA in a bilateral agreement signed by Obama? Why are we seeing one disaster drill after another being carried out in this country? Here is a partial list of disaster drills being carried between September 25-November 13th.
Many of us feel that inside one of these disaster drills lies the false flag event which will be used to collapse the economy and lead to either martial law or civil war. Do you really think that language is too strong? On Friday, Senator Tom Harkin (D-Iowa) stated that the political rhetoric has reached civil war levels.
The central bankers know that no amount of Quantitative Easing can pay for the hard assets that were lost in order to collateralize the derivatives. They have no option but to collapse the system and start over, but before they do, they are going to steal everything that is not nailed down. This is why in preparation of this move to collapse the system, they are obtaining as many hard assets as possible. This is why the Federal Reserve has been printing 40 billion dollars per month for the sole purpose of purchasing mortgage backed securities. This is why central bankers are under orders from the Bank of International Settlement which has ordered its rank and file central bankers from each country to greatly minimize loans in order to limit exposure when the collapse occurs. This is why the MERS mortgage fraud, in which millions of people are having their houses stolen through the creation of phony titles, continues unabated. This is why the Seventh Circuit Court of Appeals ruled that once a depositor puts their money in the bank, the bank owns the money. This is why Treasury Secretary Lew began to “borrow” against federal pensions late last spring. This is why DHS, the IRS et al are preparing to go to war with the American people as they arm to the teeth. This is why the foreign troops are here. You are on the Titanic and you are going down. Still not convinced? Then explain Cyprus, Greece, Poland and now Panama where the TPTB are stealing pensions and bank accounts and you don‘t think it can happen to you because you are an American?
We have options America. We could arrest the Wall Street thugs that perpetrated this whole bloody mess and issue a declaration of debt repudiation. However, the other side is prepared to fight you as evidenced by the recent militarization of every federal agency. I do not believe that that America has the intestinal fortitude to fight back. We are a soft nation. And if we did resist, we should be prepared to fight the Russians and the Chinese on American soil because the central bankers will certainly follow a Red Dawn scenario.
When the Titanic went down, who did they save? They saved 70% of the wealthy as they were the ones that got into the life boats while the coach passengers were locked into steerage in which only 10% of those poor persons survived. This is exactly what is going on now. The government is not bailing out small business owners, pension holders and the average investor. They, we, are only bailing out the rich friends of the international bankers. The rest of us are locked into middle class steerage. Get your money out of the bank. Cash in your 401K and your pensions. The game is over and you only have time to jump from this sinking ship.
America is a captured operation, captured from within. Time is too short to mince words or to fear the ridiculous accusations of “doom porn,” made either by the factually challenged or some paid, professional government trolls (see DHS Insider articleby this author, later verified in the media) describing what you are about to read.
Within the last 24 hours, I had two separate conversations with two different sources, each saying nearly the same thing: Expect the unexpected. Wake up. Understand that everything we’re being told is a lie. We are at the epicenter of a ‘perfect storm.’
The opening words coming from my source inside the intelligence community tell much. “These people [the Obama regime and his handlers] are ‘pissed.’ They did not get what they wanted with Syria because we put them behind schedule by exposing Benghazi. The ‘alternative media’ put them behind, but that doesn’t mean they’ve given up. Far from it. What it means is that they have the same objective, but are switching plans.”
To be clear, I asked about their end-game objective. “ The take-down of America as a viable global power, economically and militarily. They are counting on people’s attention being diverted to political theater, which is exactly what’s happening right now with the budget showdown. But no one is looking beyond the stage act and if they are, very few are understanding what they are seeing. They are thinking too small and are still clinging to the right-left paradigm of political theater,” he stated.
The objective is to create a new global economic and power structure by removing the U.S. dollar as the world’s reserve currency. By making the U.S. subservient to a global power structure. Why isn’t anyone in the media talking about this? Because they are complicit. Why aren’t the majority of those in the ‘alternative media’ talking about this? Because they are not looking at the bigger picture. The lie is bigger than they realize.”
At this point, I informed my intelligence source about my conversation hours before with a financial insider who uses the internet pen-name “V, The Guerrilla Economist.” This financial insider has a near perfect record of accurate financial predictions as documented by his multiple disclosures on The Hagmann & Hagmann Report, from the Bank of Japan through, most recently, Deutsche Bank. In addition to being a regular guest on The Hagmann & Hagmann Report, he recently founded the website Rogue Moneyand appeared on Coast to Coast AM with George Noory last week. He was emphatic about the current liquidity crisis in the U.S. “We’re broke, bankrupt, and not by accident, but by design.” he stated. “While some 18,000-plus Yankee fans who incredibly stood in line for hours last week to stake their claim to some cheap and meaningless plastic bobble-head of a retiring sports figure, their country and their pensions and retirement accounts are about to be looted. Sadly, this is the prevailing mentality that is allowing the power brokers and the complicit media to do what they will. But it’s even bigger. A perfect military, economic and political storm is brewing.”
“What people must realize is that China and Russia are acutely aware of our economic and military vulnerabilities, and are exploiting those vulnerabilities. China has positioned their economy for domination, world domination. Additionally, they have increased their military power to surpass that of the U.S.,” he added.
“Currently, the Russians are teaming up with the Chinese and conducting war exercises. Remember that in 2008, a war simulation conducted using U.S. Joint Strike Force F-35 fighters against the Russian Su-35 heavy fighters, it was clear that the clear victors were the Russians. The U.S. JSF f-35s were ‘clubbed like baby seals.’ Don’t think for a minute that the Chinese and the Russians aren’t positioning themselves to dominate the U.S. militarily. In light of the U.S. involvement against Syria and Russia’s push back, this is very significant,” stated this financial insider. Concurrent with the information I received from my intelligence insider, “V” added that the time clock for the U.S. dollar as holding the position of the world’s reserve currency is a ticking time bomb.
“Thanks to the policies of the Federal Reserve and this regime of economic psychopaths, the U.S. is in very deep financial trouble. Yet, you have politicians and talking heads on the news telling everyone that everything is okay. It’s far from okay, and we’ll be experiencing the same that is happening in Europe, with bank runs and bank holidays, in addition to the looting of our pensions and retirement accounts. It’s just a matter of when, not if.” He also added that it is obvious that the plan is a single global currency, a one world economy. And with that comes a one world power structure to oversee this new world financial order.
“One more thing,” added this financial insider. “Domestically, watch more municipalities go belly up across the U.S., like Detroit. Do you know which city is right behind Detroit in terms of teetering on bankruptcy,” he asked me. “New York City. That’s right, New York City is right behind Detroit” and headed for a financial apocalypse.
Looking at the larger picture, we are at the precipice of an economic collapse that will make the Great Depression look like a holiday at “Club Med,” compliments of the elite membership within “Club Fed.” “Club Fed” is populated by both democrats and republicans, progressives and conservatives, those elected and others appointed, all rabidly pining for a new world economic order. It is an incestuous group of international and domestic families consumed and propelled by greed and power who have been at this for decades, even generations.
As a result of their insatiable greed and lust for power and control, we are about to experience the pain of a world-wide crash and economic depression that will leave no one untouched. Moreover, it has been planned, awaiting the “perfect storm” to be formed. The last few isobars have been drawn on the map of devastation, and we are now in a short and deceptive calm before this storm hits us like a freight train.
As I continued my discussion with my intelligence insider, I asked what we might expect next from Syria and the Russia-China push-back against U.S. and Saudi hegemony in the Middle East. “We can expect to get hit, the other shoe to drop, but perhaps not in the manner we expected. They, the power brokers, the international bankers, the globalists will implement their agenda by whatever means fits the conditions that exist at the time. We’ve been saying that World War III will start in Syria, but their plans are not always foolproof. I don’t think they counted on the ‘alternative media’ to be as effective in exposing the real deal behind Benghazi, which was a weapons running operation to Syria, to slow them down. But it did. Now, they are switching to plan B, C or even plan Q,” he stated.
“We’re in one of the most dangerous times in our history. Think about this, and I mean really think about it. If we believe that the real power masters were behind some of the most historic, life-altering and bloodiest events in history, whether it’s Benghazi, the military overthrows of sovereign countries, or even elements of 9/11 and going back even further to the assassination of JFK, what are they capable of now? It’s the same groups, the same families, but different generations. Their objectives have not changed.”
“Look at D-Day as a classic example of the art of deception in wartime. And make no mistake, we are at war being waged by the globalists. Based on elaborate deceptions that convinced Hitler that Patton would lead an attack at Calais, the real invasion happened at Normandy,” stated this intelligence insider. “They are using the same principals. They want to take us out from being politically, militarily and economically viable to implement their plans for a new global power structure. While we think the trigger event could happen in the Middle East, maybe it will happen in the U.S. instead. While we expected Syria to be the causative factor to usher in an economic collapse, perhaps the sequence of events have been changed,” he stated.
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