Hillary Clinton: US committed to establishment of a Palestinian state

Clinton: US to ‘vigorously’ promote peace efforts

3.3.09 / Matti Friedman / AP

U.S. Secretary of State Hillary Clinton promised Tuesday to work with the incoming Israeli government, but delivered a clear message that could put her at odds with the country’s next leader: Movement toward the establishment of a Palestinian state is “inescapable.”

At the same time, Clinton said she would not dictate orders to Israel, saying the Jewish state would determine its interests. She also pledged “unrelenting” support for Israel’s security.

Clinton also said the U.S. would soon send two envoys to Syria for “preliminary conversations.” It was the most significant sign yet that the Obama administration is ready to mend relations with the Damascus regime. The U.S. withdrew its ambassador in 2005, accusing Syria of supporting terrorism.

“We have no way to predict what the future with our relations concerning Syria might be,” she told a Jerusalem news conference. “There has to be some perceived benefit of doing so for the United States and our allies and our shared values. But I think it is a worthwhile effort to go and begin these preliminary conversations.”

Clinton lamented that President Barack Obama’s attempts to reach out to Syrian ally Iran have so far been unsuccessful. The U.S. and Israel accuse Iran of pursuing nuclear weapons and supporting anti-Israel militant groups.

Clinton, seeking to calm her Israeli hosts, said diplomacy should not be confused with softness.

“When we talk about engagement with Iran, do not be in any way confused, our goal remains the same: to dissuade and prevent Iran from acquiring nuclear weapons and continuing to fund terrorism,” she said. “Whatever we do will be done thoughtfully in consultation with our friends and Israel, most particularly Israel.”

Clinton, making her first visit to the region as secretary of state, spoke ahead of a meeting with Benjamin Netanyahu, Israel’s prime minister designate. Netanyahu’s past criticism of peace talks and opposition to full Palestinian independence has raised concerns that his incoming government could clash with the U.S.

When asked about Netanyahu, she acknowledged the possibility of disagreements with any Israeli government and made clear the U.S. will push forward with its efforts to forge a peace deal that includes the creation of an independent Palestinian state alongside Israel.

“The United States will be vigorously engaged in the pursuit of a two-state solution every step of the way,” she said. “The inevitability of working toward a two state-solution is inescapable.”

Ahead of their meeting, Netanyahu showed signs of backing off his previous pledges to abandon the current round of peace talks, launched in November 2007 at a U.S.-hosted summit.

That message would mark a change in the Likud leader’s long-stated position that peace talks are a waste of time because of the weakness of the Palestinian leadership. He has suggested in the past he would instead invest in the Palestinian economy while continuing Israel’s military occupation of the West Bank indefinitely.

And Clinton signaled that open confrontation with Israel is unlikely, stressing the close relationship between the two countries and saying Israel must ultimately decide what is in its best interests.

“We happen to believe that moving toward the two-state solution, step by step, is in Israel’s best interests. But obviously it’s up to the people and the government of Israel to decide how to define your interests,” she said.

Clinton also stressed the “unrelenting” U.S. commitment to Israel’s security, specifically criticizing continuing rocket attacks out of the Hamas-controlled Gaza Strip.

Netanyahu, leader of the hardline Likud Party, is putting together a new coalition government after right-wing and Orthodox Jewish parties won a majority of seats in last month’s Israeli parliamentary election. He is expected to be sworn in as prime minister within weeks.

His criticism of U.S.-led Mideast peace talks during the recent election campaign – along with his reliance on small hardline partners – has raised fears that his government could clash with the Obama administration.

Netanyahu planned to tell the secretary of state that his government will continue peace talks with the Palestinians, a lawmaker from Netanyahu’s Likud Party said.

“I think that Hillary Clinton, when she comes today, will find Benjamin Netanyahu prepared to continue to hold negotiations, not only on economic projects but also political negotiations, a political process,” said Likud lawmaker Silvan Shalom, a former foreign minister.

In Damascus, the U.S. Embassy announced that Jeffrey Feltman, the State Department’s top diplomat for the Middle East, would lead the American delegation headed to the Syrian capital. Embassy spokeswoman Katherine Vandevate said the visit aims to build on his “substantive and constructive” meeting last month with Syria’s ambassador in Washington, Imad Moustapha.

The U.S. ambassador was pulled out by the Bush administration in 2005 to protest Syria’s suspected role in the assassination of former Lebanese Prime Minister Rafik Hariri. The United States has also criticized Syria for supporting militant groups such as Hamas and Hezbollah and has accused Syria of not doing enough to prevent foreign fighters from crossing into Iraq. Syria has said it is doing all it can to safeguard its long, porous border.

Clinton arrived in Jerusalem Monday evening from the Egyptian Red Sea resort of Sharm el-Sheik, where she pledged $900 million in U.S. aid at an international donors conference for rebuilding the Gaza Strip after Israel’s recent offensive against its Hamas rulers.

A packed schedule of meetings with Israeli leaders in Jerusalem included talks with Prime Minister Ehud Olmert and Foreign Minister Tzipi Livni. On Wednesday, she is to call on Palestinian President Mahmoud Abbas in the West Bank.

In continued show of solidarity with Israeli government, Egyptian police seize Gaza aid supplies

Egypt seizes Gaza aid, arrests Islamists

2.13.09 / AFP

AL-ARISH: Egyptian police on Thursday seized 2,200 tons of food and medical aid destined for the Gaza Strip and arrested two members of the banned Muslim Brotherhood responsible for the goods.

Hossam Al-Shurbagi and Kamel Al-Shaarawi, members of the Doctors Syndicate’s committee for aid to Gaza and responsible for three warehouses that were raided in northern Sinai, were arrested, Shurbagi told AFP from in detention.

A security official said that the two were accused of illegally storing goods.

Shurbagi said the aid was being stored pending a reopening of the Rafah crossing, which Egypt closed on Feb. 5 to all but exceptional cases after opening it to aid and wounded Palestinians during Israel’s war on the Hamas-ruled Gaza.

During the 22-day conflict, which ended on Jan. 18, the Egyptian authorities several times prevented the Brotherhood — of which Hamas is an offshoot — from demonstrating and delivering aid to Gaza.

More than 1,000 members of the banned movement were arrested during the Israeli offensive while trying to take part in demonstrations in support of Gaza, with most subsequently released.

Egypt has refused to open Rafah permanently in the absence of EU monitors and representatives of Palestinian president Mahmoud Abbas after Hamas ousted his forces from the territory in deadly fighting 18 months ago.

The Muslim Brotherhood is banned by the government but fielded independent candidates in 2005 parliamentary elections, winning a fifth of the seats despite fraud and police intervention.

Arrests of its supporters have increased since the group’s success in the election, in which it contested a limited number of seats. –AFP

Indian government proposes ring of 5,000 CCTV cameras for Mumbai

5,000 CCTV cameras to watch Mumbai round the clock

1.16.09 / Rakshit Sonawane / Indian Express

Mumbai: In a bid to revamp vigilance and strengthen the security of the metropolis after the 26/11 Terror attacks, the state Government is considering a proposal moved by the Power Grid Corporation of Indian Ltd (PGCI) to install 5,000 CCTV cameras across the city.The proposal was among the various plans discussed by the ministerial sub-committee headed by Deputy Chief Minister Chhagan Bhujbal on Wednesday.

According to the PGCI proposal, it would be a turnkey project estimated to cost Rs 157 crore. It would include a CCTV network that enables motion detection, bio-matrix, optical character recognition (for screening number plates of vehicles), night vision, thermal imaging, and also pan, tilt and zoom capabilities.

The CCTVs are proposed to be installed at 480 traffic junctions in the city to monitor movements of vehicles and individuals round the clock. The network of CCTVs would also monitor important Government installations and buildings, railway stations, BEST depots and beaches.

Out of the estimated cost of Rs 157 crore, it has been proposed that Rs 25 crore be provided for the current financial year, in order to start the project before March-end.The PGCI is one of the largest transmission utilities of the world and has diversified into Telecom business besides having a network of optical fibres. It wheels about 45 per cent of the total power generated in the country and is one of the Navratna public sector enterprises.

The issues discussed by the ministerial committee on Wednesday also included a proposal to strengthen police control rooms (at an estimated cost of Rs 3.31 crore), procuring of ammunition (Rs 7 crore), a megacity wireless project (Rs 3.86 crore), strengthening of the Anti-Terrorist Squad (Rs 16.43 crore), and setting up of 12 new coastal police stations (Rs 2.25 crore).

Rs 90 cr revamp of police force

The ministerial committee approved an expenditure of Rs 90 crore for the modernisation of the police force. The package includes purchase of 12 boats for Rs 4 crore each, 12 digital video cameras, 24 search lights, 12 GPS systems, 19 satellite phones, 120 life-jackets and 100 helmets.

Ceasefire? What ceasefire? Israeli military seizes Gaza aid ship

Israel seizes Gaza-bound aid ship

2.5.09 / BBC

The ship set sail from the Lebanese port of Tripoli

Aid ship in Tripoli, Lebanon, on 2/2/09

A Lebanese ship carrying aid for Gaza was stopped by the Israeli navy and is being escorted into port, Israeli Defence Minister Ehud Barak says.

Earlier, officials in Lebanon said Israeli gunboats had fired on the ship before soldiers boarded it, although Israel denied this.

Lebanese PM Fouad Siniora has called on the international community to persuade Israel to allow the shipment through.

In the West Bank, Israeli troops have killed a Palestinian militant.

The Israeli military said Ala a-Din Abu Rop was a local commander of the armed wing of the Islamic Jihad group.

There have been sporadic incidents of violence since Hamas and Israel declared separate ceasefires on 18 January, following Israel’s three-week attack on the Gaza Strip.

Activists aboard

The aid ship was reported to have set off from the Lebanese port of Tripoli on Tuesday carrying 50 tonnes of medical supplies, food, clothing and toys for Gaza.

Ehud Barak
The navy boarded the vessel, stopped it and it is now bringing it to Ashdod
Israeli Defence Minister Ehud Barak

Also on board were eight activists and journalists, as well as the former Greek-Catholic archbishop of Jerusalem, Monsignor Hilarion Capucci, who had served time in an Israeli jail in the 1970s for his membership of the Palestine Liberation Organisation (PLO).

An organiser of the shipment, Maen Bashur, said the ship was confronted by an Israeli military boat 32km (19 miles) off the Gazan coast late on Wednesday.

“We were informed by the crew that the Israeli forces boarded the ship after firing shots at it,” he told the AFP news agency. “We have lost contact with them.”

He said the ship was asked to turn back as “two Israeli military helicopters flew over the area and fired flares”.

The Israeli military denied troops had fired at the ship. “No gunshots were fired on board during the boarding and capture of the cargo boat,” it said.

Ehud Barak said the Israeli navy had requested the ship head towards Egypt, and only boarded it after it headed back towards Gaza.

“At first the ship understood we were prohibiting it from heading to Gaza and steered towards El-Arish [in Egypt],” he said.

“From Egyptian territorial waters it tried to slip into Gaza waters. That is when the Israeli navy boarded it, and it is now taking it to [the Israeli port of] Ashdod.”

The army said the crew of the ship would be questioned by police, while all humanitarian goods found on board would be transferred to Gaza.

Search

Ala a-Din Abu Rop was shot dead by Israeli troops during a raid on his home near Jenin, in the West Bank, on Thursday.

An Israeli military spokesman said the 21-year-old was suspected of involvement in attacks on Israelis.

He was fully armed when troops stormed his home, and weapons and ammunition were found during the search, the military said.

Ala a-Din Abu Rop’s father said his son had been sleeping, alongside his brothers, when soldiers broke into the house before dawn.

US backed Fatah, not Hamas, firing rockets into Israel

U.S. partner, not Hamas, firing rockets into Israel

While terrorists promise cease-fire, American ‘allies’ provoke violence

2.1.09 / Aaron Klein / WorldNetDaily

With Hamas signaling it is willing to enter a cease-fire with Israel, it was the U.S.-backed Fatah party of Palestinian Authority President Mahmoud Abbas whose so-called military wing took responsibility for a barrage of rockets and mortars fired from the Gaza Strip today.

Fatah’s Al Aqsa Martyrs Brigades called WND and also released an official pamphlet to take credit for firing at least five rockets and four mortars today, lightly wounding two Israeli soldiers and one civilian. Also taking responsibility was a cell claiming it was working on behalf of the Iranian-backed, Hamas-allied Islamic Jihad terrorist organization.

Contacted by WND, the leadership of Islamic Jihad in both Gaza and the West Bank were not aware their group launched any rockets.

The claimed results of an immediate investigation launched by both Hamas and Islamic Jihad were shared with WND. The probe found the Islamic Jihad rockets were actually fired by Fatah.

Hamas and Islamic Jihad sources explained that when Hamas took over Gaza from its Fatah rivals in 2007, about 100 members of Fatah’s Al Aqsa Martyrs Brigades joined Islamic Jihad, and it was those members who launched today’s attacks.

Hamas has demanded Islamic Jihad immediately clamp down on the Fatah members within its ranks, prompting some tension between the two allies.

A top member of Hamas’ so-called military wing told WND today the Fatah members who shot today’s rockets will be dealt with harshly, hinting they may even be killed.

“If we catch them, I think they will not live to see the light of day,” he said.

Earlier today, the Al-Arabiya television network quoted Hamas sources stating the group has accepted an Egyptian proposal for a year-long truce with Israel in Gaza starting on Thursday. The report said Hamas agreed to an international mechanism along the Egypt-Gaza border that includes members of Fatah, as long as those Fatah members coordinate their activities with Hamas.

One of Israel’s main goals for its offensive was to halt Hamas’ ability to smuggle weapons across the Egypt-Gaza border. Previous international monitors stationed along the Egypt-Gaza border fled their duty and repeatedly failed to stem Hamas’ weapons smuggling. The monitors were stationed at the border following Israel’s 2005 evacuation of the Gaza Strip.

Hamas in 2007 seized control of Gaza from Fatah, taking over all U.S.-backed security compounds in the territory. Top diplomatic sources in Jerusalem told WND last month Abbas and his top representatives had waged a quiet campaign for months asking the Israeli government to target Hamas in Gaza just before the PA president’s term in office expired Jan. 9.

Hamas leaders repeatedly had warned they would not recognize Abbas after Jan. 9 and that they would launch a major campaign to delegitimize the PA president and install their own figures to lead the Palestinian government. Abbas used the violence to declare an emergency government that will keep him in office at last another year.

Uh.. Gaza anyone?! European leaders agree to set up Palestinian arms embargo

EU commits to anti-smuggling efforts

1.19.09 / UPI

European leaders say they will work to prevent arms smuggling to Palestinian militants operating inside the Gaza Strip.

Meeting Sunday at the Egyptian resort city of Sharm al-Sheikh, the European Union leaders’ commitment answers a key Israeli condition for lifting blockades of Gaza, the EU Observer reported. Specifically, the EU’s “Big Three” of France, Germany and Britain offered troops and technological assistance in cooperation with the United States and Egypt to clamp down on Gaza arms smuggling, perhaps through an international naval force.

In return, the EU leaders called on Israel to lift the Gaza blockades, which they say are causing a humanitarian crisis in the Palestinian enclave.

“Israel should state immediately and clearly that if rocket fire will stop, the Israeli army will leave Gaza. There is no other solution to achieve peace,” the Observer reported French President Nicolas Sarkozy saying at the summit.

The EU leaders were taking advantage of a one-week truce called by Hamas militants, allowing the entry of humanitarian aid, announcing an additional $29 million in such aid, the Observer said.

Financial Storm of the Century, or a Turning of the Tide?

by Stefan Fobes

Ladies and gentlemen, what you have just witnessed is an op carried out on the world. Previously, in The Beginning of A World Centralization Whirlwind, I wrote about how banks, legally able to treat credit card, student, auto, and house loans as assets, and then bundled them up into financial packages called asset backed securities and structured finance collaterilized debt obligations, since the risk was too great for them, they sold them to investors, who sold them on the stock markets for profit. All the banks that have crumbled and being bailed out were buying up and holding these securities. And so here we are, facing the storm.

I call this an op, or more accurately, an attack, for several reasons. But first, as reported by the Asia Times, there’s a little something called the BIlderberg Group.

“It would have been quite impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national autodetermination practiced in past centuries …
- David Rockefeller, Bilderberg club permanent member, 1991

This conversation never happened. Well, it actually did. Date: March 5 to 8, 2005. Location: the isolated, fully-booked Dorint Sofitel Seehotel Ueberfahrt in Rottach-Egern, 60 kilometers east of Munich, Germany. Essential amenities: luxury rooms, a lake, a golf course, no suits – and no wives. Participants: 120-odd Western movers and shakers – politicians, tycoons, bankers, captains of industry, so-called strategic thinkers – invited for the 2005 meeting of the ultra-secretive Bilderberg club. Security: absolutely draconian. Global media coverage: non-existent.

But the world is most definitely not prepared for a world government. These people know that, though. So to put in a one world government, they have to do it by using forceful stealth tactics, one of which is known now as the global financial crisis. This “intellectual elite” seem to be on some sort of deadline by the speed at which things are being centralized this year, which I believe is around the time of the mistakenly believed by New Agers and others to be the magical ascension year 2012. We have seen the emergence of the new South American and Mediterranean Unions, and no doubt an Asian and a Pacific nation Union will follow in the coming months, if the backstory of this plot is anything to go by.

I found it strikingly interesting that this year’s Bilderberg gathering in Chantilly, Virginia was loaded with dozens of bankers, including the European Central Bank president, Jean-Claude Trichet, all the EU Commissioners in the areas of trade and business, and…..America’s own New York Fed President Timothy Geithner, Fed Chairman Ben Bernanke and the demon of the hour himself, Henry Paulson. Whaddya think of that? It would be just that by itself — interesting. But when Tony Fratto, Deputy White House Press Secretary Tony Fratto goes up and admits that the bailout bill was written months before the domino bank crashes in September, then the interesting starts looking like the suspicious. More so when Congressman Brad Sherman blew the whistle on Congress being threatened with martial law being imposed if the bailout bill was not passed in the House. So…thug intimidation tactics used if you sign, and thug intimidation tactics if you don’t? Does that look like the actions of a healthy, ethical government to anyone with a brain on the clock?

Henry Paulson, himself was CEO of Goldman Sachs before he left to become Treasury Secretary in 2006, and during his tenure he was at the center of the asset backed securities game there. Him being there in government is a living insult not only to Americans anymore, but to the entire world that is being affected by this because of the rampant economic damage that has ensued from the speculators and the banks crooked ways. Everyone knows that Bush & Co. are crooks, and criminals only work closely with other criminals. The mainstream puppet (for the most part) media are fearmongering, and also emphasizing fluff like the pittance of a $150,000 extra from the FDIC if the bank it’s in tanks. Well, what if you have a million? The rest is gone with the wind. Paulson, in his push for the first version of the bailout bill, refused to even consider giving homeowners a chance. ABC reports:

Paulson resisted suggestions being made by Democrats that the program be changed to include further relief for homeowners facing mortgage foreclosures and to include an additional $50 billion stimulus effort. Some Democrats have also suggested capping compensation of executives at firms who get the bailout help.

Paulson said he was concerned that debate over adding all of those proposals would slow the economy down, delaying the rescue effort that is so urgently needed to get financial markets moving again.

Helping thousands from potentially being homeless would be slowing things down? Look at that. Gracious man, him. Homeowners are the economy. Without them the banks wouldn’t be able to survive. Small business owners and the rest of middle income earners aren’t living on canoes. All crazy if you come from the perspective of this being the latest pathetic effort of a government vainly struggling to help America, but on target if you see from the angle of all this being the result a preplanned strategy of a cold group of people making power grabs at every point they’re allowed to by the people. The banking institutions are given all the cash they want, and the guy to oversee the bailout money handouts is even named Neel Kashkari, a Treasury assistant secretary for international affairs and before that, he was with Paulson as Goldman Sachs’s IT security investment banking division head. While all that is going on, credit is given freely to the banks, and the masses are facing a tightening of credit. Which means heavier prices at the supermarkets and everywhere else since no one really pays the trucks without credit anymore, which it now costs more to get. In every policy statement out of their tax exempt foundations and in public, those in power in and behind the scenes say we must stop eating meat, the middle class is living too well, doing too good, they have to be stopped. Is it then any wonder when the G8 heads of state made speeches on poverty, the horrible plague of hunger across Africa, everyone around the world needs to cut back, and waste, they and their wives had afterwards an 18 course banquet? It’s all about greedy people who are so desperate to have control over others that anything even slightly more than a beaten down demeanor, a skeletal body, and a flea infested Japanese coffin-bed causes them to have insane amounts of jealousy and fear. That’s the mentality of these bloodlines that rule the world, and unless people stand together in these times, it will go on, and that boot will stamp in everyone’s face. 1984 style.

The thing is, the $700 billion isn’t nearly enough, as if that can be imagined. Out of Newsmax::

Gross told CNBC that the government’s current plan will help clear up bank balance sheets but leaves just $50 billion in free cash to lend out.

“The plan goes far but it doesn’t go far enough in terms of recapitalization,” Gross said.

“The banking system and the investment banking system in total really requires about $500 billion more. Where that comes from is still up in the air.”

Separately, banking experts already predict that the Federal Deposit Insurance Corporation (FDIC) could need an additional $150 billion to cover coming bank failures.

That comes to $1.3 trillion! Imagine the bankers, the media saying, we need a trillion+ bucks to get us through this. Now you know why cops coast to coast are dressing up in skull outfits and black uniforms. Just like the corporate media, don’t think Obama will tell you about any of that, or help once he gets in. He has already said he wants the Treasury given as broad authority as possible. But even FrankenCain (who would just bait and switch it in the end) put out his proposal for the government to buy up mortgages and arrange for American homeowners to get lower mortgage payments and stay in their houses, Obama bashed it as socialist. Rasmussen Reports, one of the biggest pollers next to Zogby’s found that 52% of Americans favor this proposal. I don’t favor government gifts because it always means government control, but if the bill is going to be passed, at least do it right. The smart dictator’s tactic. When you want to attack and don’t want to be seen as a dictator, don’t use bullets, just give bullshit excuses for why people have to start starving, or dying, or fighting wars, and then have your puppet media orchestrate a gigantic campaign making you look racist or inept or anything that draws attention away from your true nature and agenda. Look at that smirk on his face, that was also on his face all throughout the debate last week. As soon as the spell wears off, and all the people all over the world slowly start to see what a dictatorial lemon they worshipped and shilled for, they’ll wonder how they didn’t notice it before.

The final bailout bill passed contains these provisions:

  • Section 8 of the bill says: “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.”
  • Carbon tax audit provisions hidden deep in section 116 and 117.
  • IRS Gestapo provisions, giving the agency immunity from several federal laws, allowing agents to open bank accounts with taxpayer dollars, conduct sting operations posing as business owners, and to share all info gathered in the course of any of these spy operations with any intelligence agency they want. The intelligence agencies all will be merged into one in the future, the preconditioning for that has already been laid out. There’s a reason they have a National Intelligence Director with a whole agency devoted to all that stuff. Watch for it.

Even Bush, as reported by Fortune Magazine, called Henry Paulson his wartime general. Because this was an attack on the middle income earners, as I’ll get to shortly. But all this is planned to extend far beyond America’s shores because it is planned to have at the least, a central authority which controls all banking activity worldwide, and at most, a world central bank. The World Bank’s full name is the World Bank Group. Another example of preconditioning. This is a coordinated assault on the world, and Iceland, its currency and financial system on ice, and having to ask the IMF to bail them out, is the first major fatality. We can see this by the coordinated actions being taken.

  • France’s president Nicolas Sarkozy, speaking along similar lines as other heads of state at the UN General Assembly, has called for capitalism to be rebuilt to control global financial markets when necessary. Britain’s Gordon Brown called for a new global financial order, and Brazil’s Luis Ignacio di Silva, said, “The global nature of this crisis means that the solutions we adopt must also be global,”
  • The G7 countries, which includes the US, have endorsed and will go ahead with the idea of central governments officially buying stakes in banks.
  • Coordinated interest rate cuts by world central banks

The people won’t like it when they finally get it that printing all this money by their respective central banks to fund wars and bailout bills is what is really causing the prices of everything to go up. Therefore, something needs to be set up to contain them. Is it really a coincidence that starting October 1, proudly announced by the Army Times, several brigades have been deployed domestically to “help in disasters”, and are also being trained to use crowd control weapons, in total violation of Posse Commitatus and the Constitution, just like Paulson’s unilateral abilities in that bill? Over to the east, the German government wants to change their constitution to allow the military to be deployed domestically as well. And more countries will announce they want to do the same. More restrictive legislation such as the Patriot Act, Military Commissions Act, and the Violent Radicalization And Homegrown Terrorism Prevention Act will be rolled out. They have to, to protect their sorry criminal butts from what will be a rightfully angry population. This is just what Alex Jones has been pressing out all these years, especially in his seminal work on the subject, Police State 2000 where he has actual footage of US troops training in mock drills where Americans are being forced to the ground, tied up, in concentration camps with full mock check-in procedures, and bullhorns of “American troops are here to help” are all there. The video is at the bottom of this article.

This is spilling over even to the insurance and auto industries, who are also feeling the credit tightening. GM and Chrysler, two of America’s biggest auto companies, are suffering from the Stearns Syndrome so badly that the company that owns majority stock in Chrysler is considering merging with GM. Ford’s doing badly too. It won’t solve much, because as Ken Thomas, the writer, aptly notes, it’ll just make one big company that’s not doing too good, centralizing the problem. And if they fall, before or after a merger, of course the solution will be to get the Supergovernment in the mix to fix things, the same as with the insurance companies. The latest that I’ve found is that Prudential’s shares have fallen 42% in the last week, Metlife had to raise $2 billion by selling off stock, and Hartford Services Group had to do the same, raising $2.5 billion to a German company. I thought Morgan Stanley might get out of this all right since it was on the sidelines of all this, but now, since their stock has dropped 60% in the past week, Moody’s Investor Service is considering a credit ratings downgrade, and a recent estimate is that they need to raise $60 billion to reassure investors and customers. Good luck.

The president of the Organization of American States, itself a stepping stone to a Union of the Americas, called for a new global financial organ to control all the financial markets, and: “Insulza said the current financial organism does not work, and the circulation of money, like the flow of goods and people, must be regulated.” Yeah? I’d love to “regulate” your money, Mr. Insulza. Where do I sign up??? .”Silvio Berlusconi, the Italian prime minister put out the wildest statement ever two days ago: “The idea of suspending the markets for the time it takes to rewrite the rules is being discussed,” Berlusconi said today after a Cabinet meeting in Naples, Italy. A solution to the financial crisis “can’t just be for one country, or even just for Europe, but global.” Ah, global solutions to global problems. There are just two simple questions that when answered, that will always tell that an attack was carried out, who did it, and why in these times on a population. Who stands to gain the most? Are there unreasonable rewards, praise, bonuses, or prmotions being handed out when the situation demands that the opposite be done?

Called problem-reaction-solution, the technique used by this group running the world is to create aproblem or let one exacerbate, wait for the something must be done reaction from the population, and introduce the solutions that they want after they hear that cue. Here’s how the problem was allowed to fester.

Here’s how and why the people really hold the power, explained in a way even a three year old can understand. Literally. Just watch, you’ll see.

And what awaits if this great power is given away.

It won’t be done today, or even tomorrow or next week. This is much too big for that. But even posting this on one message board or myspace can have an unexpected positive effect far beyond what the logical mind can concieve. Hell, give it to your husband or wife or boyfriend or girlfriend with your name on it and say you wrote it. I don’t care if my name’s on it or not, as long as the info gets out. This is not just a call to action, it’s a call back to power. Yours.

The Beginning Of A World Centralization Whirlwind

by Stefan Fobes

To solve global problems we need global solutions, and we must work together even when there are differences in our political systems. – Jose Manuel Barroso, European Commission President speaking to the Chinese Communist Party Central School in Beijing on November 27, 2007

As the climb towards a world government continues, several things need to be done first, and one of them is centralization of all regulatory bodies, governments, and anything that affects our daily lives to even the smallest degree, the signs of which are too great to be ignored when reading on world events is done. 2008 seems to be the start of a turning point of this race for control, and those running things behind the scenes aren’t pacing themselves to conserve energy anymore. So, I will concentrate here on what appears to me at the moment to be the three main things that that are in the beginning stages of or will soon be quickly centralized right now around the planet.

The Banks

So here it is. Everything I said three weeks ago before the crap really really started to hit the fan that about the banking and housing situation proved to be correct, unfortunately. I’ll do a recap of the overall steps that have led the financial world to this point.

Banks and investment houses were lending out loans to people who clearly didn’t have the income to pay. They could legally treat the cash flow from the loan itself as an asset and it seems the risk to them was so great since they were issuing so many of them, they combined them into packages called asset backed securities and collaterilized debt obligations, and then sold those to investors, who then traded them on the open market for profit.

This is basically what was being done all over the world, as is now public. The New York Times lends a hand here.

According to JPMorgan, there are about $1.5 trillion in global collateralized debt obligations, and about $500 billion to $600 billion in structured-finance C.D.O.’s, referring to those made up of bonds backed by subprime mortgages, slightly safer mortgages and commercial mortgage backed securities.

Many of the products have proved to be highly problematic as the underlying assets — the subprime mortgages — have gone bust, revealing dangerous amounts of leverage in the securities that few people could value. As a result, they have become like a potent computer virus, leaving many people fearful that they too will be affected.

“A lot of risk in the subprime asset-backed market is embedded in, and amplified by, C.D.O.’s,” said Rod Dubitsky, head of asset-backed research at Credit Suisse.

Weaknesses in the system were laid bare, including ratings that did not accurately reflect risk and faulty assumptions on how diversified pools with multiple layers of leverage would react.

They were laid bare by the Bear Stearns catastrophe. Out of Fortune Magazine:

Still, momentum was turning against the firm. That morning Goldman Sachs’s credit derivatives group sent its hedge fund clients an e-mail announcing another blow. In previous weeks, banks such as Goldman had done a brisk business (for a handsome fee, of course) agreeing to stand in for institutions nervous, say, that Bear wouldn’t be able to cough up its obligations on an interest rate swap. But on March 11, Goldman told clients it would no longer step in for them on Bear derivatives deals. (A Goldman spokesman asserts that the e-mail was not a categorical refusal.)

“I was astounded when I got the [Goldman] e-mail,” says Kyle Bass of Hayman Capital. He had a colleague call Goldman to see if it was a mistake. “It wasn’t,” says Bass, who is a former Bear salesman. “Goldman told Wall Street that they were done with Bear, that there was [effectively] too much risk. That was the end for them.”

It was ominous, but it wasn’t yet the end. Bear continued absorbing blows. The cost of insuring $10 million in Bear debt via credit default swaps, which had hovered near $350,000 in the month before, shot past $1 million. By the end of March 11, the rate was irrelevant: Banks refused to issue any further credit protection on Bear’s debt.

All it took was just this one crash to scare investors and their lack of confidence in all these different banks drove down their stock prices and credit ratings and then they were done. Banks all over the world were buying up these debt backed securities like hungry hyenas and they have got and are getting burned along with US banks. At the end they all held a bunch of bootleg assets which were the cash flows from all the home, student, car, credit card loans from people who could never have paid them in the first place, and were totally vulnerable to all their investors and depositors pulling out their money on the event of public exposure of this. All it took was just one bank, Bear Stearns, to cause a chain reaction which brought the financial markets to their knees. Bear Stearns was clearly a corporate hit, as the Fortune Magazine timeline shows. Goldman Sachs just came out of nowhere, and did that, and didn’t even make a buy bid? Come on.

When you really look at it, the banks killed themselves. Literally. In 2004, representatives of Goldman Sachs, Morgan Stanley, Lehman Brothers, Merill Lynch and Bear Stearns met with the SEC and asked for a whole string of things, including that their rainy day money which was supposed to be used to be a cushion against losses on their investments be loosed so they could start doing deals with the asset backed securities and that whole mess. The SEC commissioners gave em everything they wanted in a unanimous vote of approval. Some more of what they got was…

In loosening the capital rules, which are supposed to provide a buffer in turbulent times, the agency also decided to rely on the firms’ own computer models for determining the riskiness of investments, essentially outsourcing the job of monitoring risk to the banks themselves.

Over the following months and years, each of the firms would take advantage of the looser rules. At Bear Stearns, the leverage ratio — a measurement of how much the firm was borrowing compared to its total assets — rose sharply, to 33 to 1. In other words, for every dollar in equity, it had $33 of debt. The ratios at the other firms also rose significantly.

Unbelievable. And it got even wilder.

Annette L. Nazareth, the head of market regulation, reassured the commission that under the new rules, the companies for the first time could be restricted by the commission from excessively risky activity. She was later appointed a commissioner and served until January 2008.

Their rainy day money being burned out? Their debt ceiling erased? She was tied in. No one’s that dumb. Also, in 2004, Paulson was CEO of Goldman Sachs before he became Treasury Secretary. Him being in that position is an insult a minute to America.

I’ve said in my last article about the financial storm that the banks that this was all a case of problem-reaction-solution. Create a problem, or let an existing one exacerbate, wait for the people to cry out “This is enough! Something must be done!”, and then changes in society and power structures are introduced to clean up problems by the very same people who created those problems in the first place. Alan Greenspan set interest rates after 9/11 to the absolute minimum they could be, which was what gave the banks the encouragement to go wild. He held them there for years after, right up to the peak of the subprime mortgage lending scenario, and was called out on this by Leslie Stahl on 60 Minutes.

One of his former Fed governors, Ed Gramlich, said that he proposed that the Fed examine these lending practices and look into them to see if something could be done. Greenspan rejected that idea.

Why did he reject it?

“I thought that…we would not be capable of doing what he was suggesting,” Greenspan says.

“But if sitting on them, taking some regula-what…” Stahl asks.

“Well, I think not,” Greenspan replies.

“Even looking into it?” Stahl asks.

“It’s nothing to look in to particularly because we knew there was a number of such practices going on, but it’s very difficult for banking regulators to deal with that,” Greenspan says.

He insists there’s nothing he could’ve done to prevent today’s plummeting home prices and the fact that a million families have lost their homes, and many more could. But some economists now say Greenspan actually created the housing bubble and the credit crunch by keeping interest rates too low for too long.

Oh no, nothing wrong here. Don’t look at the man behind the curtain! People talk about Bush’s smirk, but you look at Greenspan’s, he makes Bush look like a store mannequin, he has it on so much.

More from the 60 Minutes exchange.

“Just remember we raised interest rates at every meeting from June of 2004 till I got out of office,” he says.

“You raised rates in 2004. But only after you held interest rates at historically low level for three years, while the bubble, the housing bubble was forming,” Stahl points out. “And that you had 13 rate cuts in that period of time.”

“It was our job to unfreeze the American banking system if we wanted the economy to function. This required that we keep rates modestly low,” Greenspan explains.

This casual, carefree attitude about his position as Federal Reserve Chairman makes no sense if you come from the point of view that he is put there to stabilize the economy and to help save the world. But if you understand the little known fact that every year, world heads of state, European royalty, politicians, military, Fortune 500 business and banking CEOs, military bigs, and key journalists and academics, collectively known as the Bilderberg Group, meet at a luxurious hotel every year to talk, and it’s so secret that not even the journalists or newspaper owners that do attend are allowed to report on what goes on. This is even from the Asia Times reporting on one of the more infamous guys who goes there.

“It would have been quite impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national autodetermination practiced in past centuries …”
- David Rockefeller, Bilderberg club permanent member, 1991

This conversation never happened. Well, it actually did. Date: March 5 to 8, 2005. Location: the isolated, fully-booked Dorint Sofitel Seehotel Ueberfahrt in Rottach-Egern, 60 kilometers east of Munich, Germany. Essential amenities: luxury rooms, a lake, a golf course, no suits – and no wives. Participants: 120-odd Western movers and shakers – politicians, tycoons, bankers, captains of industry, so-called strategic thinkers – invited for the 2005 meeting of the ultra-secretive Bilderberg club. Security: absolutely draconian. Global media coverage: non-existent.

Can’t get much more solid than that. A person holding the above knowledge can easily understand why Bear Stearns suddenly turned upon Goldman Sachs, why Greenspan did what he did, and why the institutions which hold sway over populations are merging and combining like some lab experiment. Deputy White House Press Secretary Tony Fratto has admitted that the bank bailout bill was actually planned and written months before this reached even close to the point it is now.

Fratto said it would be “unthinkable” for Congress not to pass legislation this week, asserting the result would be a “very, very serious situation” for the U.S. economy.

“It shouldn’t take much analysis to remember what happened last week, which was a very serious freeze-up in our credit markets,” Fratto said. “Our financial markets right now do not need uncertainty, they need increased certainty as to how this rescue plan is going to go forward – and that they can be sure that there is a plan to go forward – and that will begin the correction in our financial markets.”

Fratto insisted that the plan was not slapped together and had been drawn up as a contingency over previous months and weeks by administration officials. He acknowledged lawmakers were getting only days to peruse it, but he said this should be enough.

The gigantic Patriot Act bill coming out within two months of 9/11, when the planning, research, teamwork and coordination, and typing work would have taken ages to stamp out. Take a look at the Patriot Act sometime. Even if the bailout bill was written with the best of goals in mind, it won’t work because it offers no solutions, just gives more money to the problem. And it wasn’t. Speaking of throwing money, the revised bailout bill allows the FDIC to borrow unlimited amounts of money from the Treasury. The inclusion of a provision raising the amount that the FDIC can give out is just the steak thrown to the people that’s been riddled with poison. That money gets out there, inflation will surge yet again because an upped money supply = less worth for the dollar. Too long has this machine run on other people’s energy, other people’s money. It’s time these business hacks used their own steam to keep the train moving. Nouriel Roubini of Global Economonitor fleshes my thoughts out better.

Indeed, the plan also does not address the need to recapitalize those financial institutions that are badly undercapitalized: this could have been achieved by using some of the $700 billion to inject public funds in ways other and more effective than a purchase of toxic assets: via public injections of preferred shares into these firms; via required matching injections of Tier 1 capital by current shareholders to make sure that such shareholders take first tier loss in the presence of public recapitalization; via suspension of dividends payments; via a conversion of some of the unsecured debt into equity (a debt for equity swap). All these actions would have implied a much lower fiscal costs for the government as they would have forced the shareholders and creditors of the banks to contribute to the recapitalization of the banks. So less than $700 billion of public money could have been spent if the private shareholders and creditors had been forced to contribute to the recapitalization; and whatever the size of the public contribution were to be its distribution between purchases of bad assets and more efficient and fair forms of recapitalization (preferred shares, common shares, sub debt) should have been different. For example if the private sector had done its fair matching share only $350 billion of public money could have been used; and of this $350 billion half could have taken the form of purchase of bad assets and the other half should have taken the form of injection of public capital in these financial institutions. So instead of purchasing – most likely at an excessive price – $700 billion of toxic assets the government could have achieved the same result – or a better result of recapitalizing the banks – by spending only $175 billion in the direct purchase of toxic assets. And even after the government will waste $700 billion buying toxic assets many banks that have not yet provisioned for such losses/writedowns will be even more undercapitalized than before. So this plan does not even achieve the basic objective of recapitalizing undercapitalized banks.

Americans were furious over this bill, and Congress is saying they are recieving record amounts, in the millions of emails and calls on this one alone. Oh, if only the anger could have been about the ramifications of the proviso that gives Henry Paulson, the US Treasury Secretary some pretty badass powers under the plan: “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.” America, like all other countries to some degree or another, is already headed towards a total 1984 style dictatorship in so many areas it’d make the average Joe or Jane’s head spin if they knew the full extent of it. Paulson said that there was no room or time to get some money to bail out the screwed over homeowners when he was pitching the first version of the bill. It was only three pages long. I’m not going to spare the space for the obvious response to that. Oh and those golden mega payouts to exiting bank CEOs? Payoffs for a job well done. Why did the government officials who were at the helm before 9/11 get promoted instead of at the very least, fired? Same deal. Rewarded for a job, in their masters eyes, well done. Who stands to gain the most? Are there, to the naked eye, unreasonable rewards and promotions being passed around when the situation screams for the opposite to be happening? This is the simple formula that will let anyone know an attack was carried out, who did it and why in any major catastrophe that strikes anywhere on the globe. And indeed, Bush called Henry Paulson his wartime general. The reason for that remark is plain and clear now.

When I said in From Trap to Crunch to Assimilation – The Great American Power Lunch three weeks ago that the solution to the created problem would be more power given to government or a new regulatory agency created to control financial institutions, it wasn’t that hard to see when the history is looked at. FEMA cut off water, aid and food and wouldn’t let any of the French, Dutch, or anyone else come in with water filters or food or water or anything. But they took away the guns of the people and let the Mexican troops in. And then wanted MORE authority afterwards. FBI and CIA after 9/11? Wanted more power. It is now harvest time for these string pullers and they aren’t being nice and easy about it. Timothy Geithner, New York Federal Reserve president, just right after Bilderberg ended on the 8th of June, proposed a global banking regulatory framework in the Financial Times of London. After that, what Greenspan did, and the meetings at Bilderberg, not too hard really. Here are all the people who have called for a centralized control over banks.

  • Mark Zandi, co-founder of Moody’s Economy was the second one out the gates on the morning of September 18 on CSPAN calling for a new banking regulatory framework that gives the Federal Reserve greater power over institutions.
  • John McCain came out the next day saying he would create a new regulatory body specifically to deal with weakened financial institutions. Barack Obama said he is all for giving the Treasury as broad unilateral authority as possible. It’s change, baby.
  • Council on Foriegn Relations member, former policy planner for Henry Kissinger when he was Secretary of State, and now Yale professor Jeffrey Garten has called for a global monetary authority which would: “It would act as “bankruptcy court” for financial reorganisations of global companies above a certain size. The biggest global financial companies would have to register with the GMA and be subject to its monitoring, or be blacklisted. That includes commercial companies and banks, but also sovereign wealth funds, gigantic hedge funds and private equity firms. The GMA’s board would have to include central bankers not just from the US, UK, the eurozone and Japan, but also China, Saudi Arabia and Brazil. It would be financed by mandatory contributions from every capable country and from insurance-type premiums from global financial companies – publicly listed, government owned, and privately held alike.”
  • At the UN General Assembly, French president Nicolas Sarkozy said capitalism must be rebuilt in order to control financial markets when necessary. Guess that’s the Chinese brand of capitalism. Gotcha. Brazilian president Luis Ignacio de Silva and UN Secretary General Ban ki-moon both called for international action on the financial storm.
  • Gordon Brown called for a new global financial order. His words.

And European Central Bank president Jean-Claude Trichet says to preserve the unity of Europeans, the bailout bill must pass. Do it for the global community. And it has, today. And a European Central Bank Executive Board member Lorenzo Bini says governments must buy up stakes in banks to save economies. He says it is not right to use taxpayer money to save banks, but the question must be asked, where would governments be getting the money from to buy these stakes? Could it be from the very same banking kingpins such as the Rothschilds which started every single financial disaster from the London market tumble, to the Great Depression, to beyond? They don’t have nearly the amount of charge to get the consent needed for a world central bank, but one more big bank, say a Citigroup, falls, they’ll get it for sure.

Food

I found it strange and not a little funny when Mahmoud Ahmadinejad and Robert Mugabe got up at a summit in Rome a few months ago and blamed the West for the food crisis. I also found it boldly hypocritical in the worst way. Mugabe actually blamed the West for starving his people. Anyone who knows the basic story of Zimbabwe knows that it is he who keeps the food under strict control, but what I really found chilling, is that Ahmadinejad called for a global food regulatory organization. This guy is a total New World Order shill, deeper cover than most, but on the world stage you truly can be judged by the friends you keep, and below can be seen where his true loyalties lie.

Every month it seems, there’s a new Chinese contaminated product scandal coming out. Tainted milk here, bad pet food there, sick children due to lead paint in toys just hitting the public’s heads constantly. Here are all the Chinese scandals there over the past two years that have been publicized. The aspartame which fries people’s brains, the genetically modified food which can change the DNA of gut bacteria, and the MSG which turns kids into little Tasmanian Devils. These should be front page news items without stop every day until these products are taken off the shelves. Even the thousands of deaths in China are nothing compared to the effects of aspartame in Diet drinks, MSG, and the deaths from the mercury in vaccines combined.

So why China? As far as I can see, there are two main reasons for shoving this in the public’s face, and it’s not for any altruistic purposes. I continue to write about there being a plan for a manufactured war involving China, Russia, Iran, and several other countries vs the West. It won’t start out the way most are expecting it to straight into Iran though. The public isn’t giving them the consent and already the false flag terror attack tactic has been made wise to too many for it to work again. That will be tried from a totally unexpected angle. The way this is being broadcasted, it looks to me to be an economic war against China as part of an ongoing sort of WW2.5 before the actual hard war starts. The EU has banned products containing Chinese milk. China seems to have told its banks to stop lending to US financial institutions as retaliation, because it seems so out of character for them, who are the biggest foriegn holders of US debt. A little known story by TIME has revealed that Iranian and US troops had gotten into a firefight at the Iraqi-Iranian border. Which has been blacked out by the corporate media outlets at large. The world got their first brush with WW3 during the Georgia breakaway province conflict, and other outbreaks of the same will happen. China has been in Africa for several years gathering up all the natural resources it can and is bossing the African people around just like the British did them during colonial times. But actually colonial times have never ended for China since the British Windsors own it now as much as they have ever during colonial times, just in an economic way and through the subordinate to them Chinese secret societies, the slightly more public face of them known today as the Triads and Tongs. In Africa, the US has started up a new command called Africom, whose head had some curious things to say.

However General Ward said Africom did not intend to help the US get control of more of Africa’s oil and other resources.

“There is no hidden agenda. It is about working with the African nations to help them build their capacity,” the general told the BBC’s World Today programme.

He said it was a “myth” and “absolutely not the case” that the command was going to build big bases in Africa.

“We will do those things in partnership with our African friends,” he said.

“Where we bring in, for instance, trainers or other forms of military support and assistance there, they are only so long as is required to conduct the specific training that we’ve been asked to do or to conduct the specific activities.”

It’s the special reversespeak which tells you what they really plan to do. There are fantastic amounts of gold, silver, bauxite, all that stuff, and watch for African events that will provide justification for the US to come in, whether it be a resurgence of Al-Qaeda, new African rebel groups that threaten the African democratic process, or whatever other excuse will be needed to come in and get the territory away from China before WW3 starts up. This is subtle, this is real, and it is ongoing even as I write this. But this plan can be stopped through exposure of it. Feel this info is valid? Pass it around. This agenda is gaining ground like a Pacman and if people think that just sitting on their asses and being afraid of mysterious government agencies who in reality don’t have the manpower (other than their supercomputers) to spy to even a fraction of a degree to what the public believes they can will save them from Big Brother, they are dead wrong.

The other reason, is to gain control of world food trade, growing, and distribution. It is no coincidence that there are stories also in the US rolled out every other month as well about contaminated food. It is my gut feeling that there is in the works, planned a giant food related incident headlined in the world press, then the world leaders will get up on the podiums and say international regulatory action has to be carried out, we need more genetically modified food, and the same old script will play out again.

The Airlines

Rising fuel prices have contributed to price increases in so many areas of our daily lives. Every week, prices are going up for something when previously it took three years for those same things to go up in cost. Even the airlines are getting hit by it, and that’s why you see it coming in form of reduce quality of service, such as being charged to carry extra luggage on planes. But more to the point, there are the all day takeoff waits for flights, the stranding in airports in the bitter cold winter, Northwest, Transworld, and Delta going bankrupt, and the others that have gone bust, it’s a problem waiting to happen. Here’s the list of airplanes crashing mysteriously. The one in Madrid, they wouldn’t even let the reporters in the Spanish media report on it. Total ban. There have also been a string of medical helicopter accidents reported almost every other day it seems now. These pilots can’t all be incompetent, and there are many unanswered questions regarding all these incidents. Whenever there’s a string of incidents rapid fire reported over a short period of time, it always ends up culminating in some call for more centralized control. And control over movement is a much desired feather in any dictator’s cap.

Iberia and British Airlines, two of the biggest ones, are set to merge in March of ‘09. When they first came out with the announcement that they were holding merger talks, or should it be called cartelism talks?

BA’s close rival Virgin Atlantic said the merger could lead to less choice for consumers and push up ticket prices.

Virgin also expressed concern that the combined entity would control nearly half of all take off and landing slots at Heathrow airport.

Laurie Price, head of aviation strategy at Mott MacDonald, said that travellers may see fewer flights to certain destinations or larger aircraft used on certain routes.

“They will agree spheres of interest,” Mr Price said.

“Iberia will likely concentrate on South America and Africa while BA will focus on the Middle and Far East,” he added.

They are both part of an alliance called Oneworld, funnily enough. If a world government with a small group of regulatory bodies having centralized control over everything is to be put in place, the corporations have to be merged along with the governments and other units. This is the reason why everything is so lax regarding mergers, and becoming more so by the day.

From Trap to Crunch to Assimilation – The Great American Power Lunch

by Stefan Fobes

Before I start with anything about the banks and the financial markets and this whole mess, I should start at the beginning of all this. On the news the words are flashed, subprime, subprime, mortgage, housing crisis. Crisis crisis crisis! Well just what the hell is the subprime mortgage crisis?

Let’s start with the financial definitions of prime and subprime. Loans to people with good incomes and credit records are classed as prime. Loans to people with low incomes and bad credit ratings are called subprime loans. By the law of the banking jungle, since there were many prime loans three years ago, recievers of these prime loans were allowed to start paying low and then later on pay higher rates. The jungle too, dictated that since home values were going up, people could just refinance their loans, which is basically getting a new loan to pay off the one they had already, replacing it with one with a better payment plan. Or they could just sell some property to cover their hind ends.

Those were the good old days. The problem is that big financial giants like Lehman Brothers, Citigroup, Goldman Sachs, IndyMac, Freddie Mac and Fannie Mae cook the books to make themselves look financially solid as routine business. And so they can stay in business. William Engdahl of Globalresearch.ca elaborates:

It is well known on Wall Street that some of the largest financial institutions have huge undeclared problems with Asset Backed Securities they have valued far above their worth to make their books look better than they are. The names Citigroup, Lehman Bros., Morgan Stanley, even Paulson’s old firm, Goldman Sachs and of course the inventor of sub-prime mortgage securitization, Merrill Lynch, all hold a huge percentage of what are called Level Three assets, these being assets where no one is willing to buy but the bank declares their worth based on “fantasy.” In short the value of those core financial institutions of the US financial system is massively overvalued compared with their value were they forced to sell into the open market today. In a sobering aside, readers should not expect any serious economic remedies for the crisis from a President Barack Obama. Obama’s National Campaign Finance Chairman is Chicago real estate billionaire, Penny Pritzker, who is heir to among other things the Hyatt Hotels. It was Pritzker together with Merrill Lynch ten years ago who first developed the model for securitizing “sub-prime” real estate, the trigger for the current Financial Tsunami crisis.

There are so many other factors involving these, as you will see, extremely predatory and disgusting people dishing out these, what turned out to be for so many, deathtrap loans to the unsuspecting.

The house value increases that helped greatly to create the climate for all the bad loans were financial institutions colluding with crooks who wrote up grossly inflated appraisals for the value of homes, which drew buyers, and made huge profits because of this. Details.

Instances of outright mortgage fraud are also coming to light. Reports of suspected fraud from federally regulated institutions more than doubled between 2003 and 2006. Federal officials estimate mortgage fraud totaled from $1 billion to $6 billion in 2005 alone.

One strategy involved organized groups that sold several homes in a neighborhood based on inflated appraisals. An individual would buy a property, then sell it to a real or straw buyer at an inflated price and pocket the difference. Often, a ring of appraisers, mortgage brokers, real estate agents and closing attorneys colluded with the seller to push through the deal.

Such schemes temporarily drove up prices in neighborhoods, hurting other, earnest buyers who paid for homes that quickly lost their value.
Quicker processing times to accommodate the growth in mortgage volume made the system “abuser friendly,” says Robert Russell, counsel to the Office of Thrift Supervision, which regulates some lending institutions. Rewarding brokers for sale volume, rather than for loan repayment, also contributed.

This opened the way for lenders to set out attractive interest rates for homebuyers, thus increasing the potential and actual amount of homeowners, which moved up home values. After that, speculators came in looking to get their piece, which raised prices even more.

Adjustable Rate Mortgages were another straw on homeowners’ backs. And a damn big one. Two that seem to have been the most used are called interest-only loans or optional payment loans. Interest-only loans allowed homeowners to pay only the interest on the loan while optional payment plans let them pay off the initial loan amount and the interest, only the interest, or even less than the interest. This practice always screws over the reciever of the loan because it eventually means they will pay at least double the value of their home. Here’s some cuts from Counterpunch contributer Mike Whitney interviewing economist Michael Hudson, an advisor to several foriegn governments and Dennis Kucinich’s chief economic advisor during his presidential run.

Fannie and Freddie have been loading up on risky mortgages for ages, under-stating the risks largely to increase their stock price so that their CEOs can pay themselves tens of millions of dollars in salary and stock options. Now they are essentially insolvent, as the principal itself is in question. There was widespread criticism of this year after year after year. Why was nothing done?

Hudson: Fannie and Freddie were notorious for their heavy Washington lobbying. They bought the support of Congressmen and Senators who managed to get onto the financial oversight committees so that they would be in a position to collect campaign financing from Wall Street that wanted to make sure that no real regulation would take place.

Ah yes. Nothing gets Congress working faster than love of those little green, white and black flags. Some more.

The CEOs claimed to pay themselves for “innovation.” In today’s Orwellian vocabulary financial “innovation” means the creation of special rent-extracting privilege. The privilege was being able to get the proverbial “free ride” (that is, economic rent) by borrowing at low-interest government rates to buy and repackage mortgages to sell at a high-interest markup. Their “innovation” lies in the ambiguity that enabled them to pose as public-sector borrowers when they wanted to borrow at low rates, and private-sector arbitrageurs when they wanted to get a rake-off from higher margins.

The government’s auditors are now finding out that their other innovation was to cook the accounting books, Enron-style. As mortgage arrears and defaults mounted up, Fannie and Freddie did not mark down their mortgage holdings to realistic prices. They said they would do this in a year or so – by 2009, after the Bush Administration’s deregulators have left office. The idea was to blame it all on Obama when they finally failed.

If that was the idea it certainly wasn’t a good one. Many of these adjustable rate mortgages were taken out at the peak of the loan frenzy two to three years ago. Now these loans’ interest rate increases have kicked in and they are increasing and increasing and the monthly payments are exceeding the amounts homeowners are earning. Not much point in selling the house to pay off the debt because what’s owed to the bank is more than the house’s value. Financial institutions have gone strict on credit standards due to the skyrocketing default rates from nonability to pay off the loans, so there is pretty much a bleak future for them unless they can think something up to get themselves out of that situation. Which is certainly highly possible. Necessity is the mother of invention. Another part of this sick joke from a shit financial system. “Nearly all real estate experts are in agreement that for the next year or two, many of today’s homeowners will find themselves locked into where they are now living. Their situation is much like medieval serfs were tied to their land. They can’t sell, because the market price won’t cover the mortgage they owe, and they don’t have the savings to pay the difference.” Chase is being a greedy punk, not even willing to work with homeowners and give them even the pittance of lower interest rates.

All the banks are loaded up with debt from an avalanche of loan defaults and what you are seeing, is the result of what I’ve laid out above. Lehman Brothers is already on the auction block, its stock down 90% in nearly a month’s time over investors lack of confidence in their future viability. Which, as you can see from the actual status of these companies vs their previous popularity, is all that financial institutions stand on. Confidence. It’s all a house of cards. Lehman’s not the end of the story either. A number of other companies are also showing signs of the Stearns Syndrome.

  • Due to all the loan defaults, Washington Mutual has set aside for this three month quarter $4.5 billion to cover their losses, down from 5.9 in the one before that. Their stock price dropped 46% this week. Their credit rating has been downgraded by two big rating agencies, and news broke a couple of days ago about Washington Mutual being unlikely to get new profits till 2010, further downgrading their status in the stock markets. They’ve told investors everything’s all right, even giving notice that their new CEO Allen Fishman could recieve a max of $20 million total starting pay at 2009’s end.
  • Merill Lynch not doing too good either, their stock falling 17% on Sept 11, it being the company’s lowest in ten years, and analysts agreeing that of all the investment banks, after Lehman Brothers, it would be the next to go. Credit raters Fitch Ratings has placed Lynch and its businesses on something called Ratings Watch Negative, which will lower them even more in the market’s eyes.
  • Wachovia has a staggering $30 billion of debt it’s holding. JP Morgan Chase CEO Jamie Dimon has indicated that he’s shopping around for banks, and JP insiders have said that Wachovia is high up on the list, despite its financial condition.

But is all this just another Enron type example of corporate greed gone wild, or a coldly planned design in the works? David Icke, researcher/investigator into the criminal activities of the global elite, known popularly as the Illuminati, New World Order, etc, brings up in his books and talks a technique that they use that he calls problem-reaction-solution. Create a problem, or knowingly allow an existing one to fester, wait for the cue from the people “something must be done!”, and then introduce the “solutions” that they want as policy in the public arena. Lesley Stahl of 60 Minutes interviewed Alan Greenspan on the housing storm. Here’s what was said.

One of his former Fed governors, Ed Gramlich, said that he proposed that the Fed examine these lending practices and look into them to see if something could be done. Greenspan rejected that idea.

Why did he reject it?

“I thought that…we would not be capable of doing what he was suggesting,” Greenspan says.

“But if sitting on them, taking some regula-what…” Stahl asks.

“Well, I think not,” Greenspan replies.

“Even looking into it?” Stahl asks.

“It’s nothing to look in to particularly because we knew there was a number of such practices going on, but it’s very difficult for banking regulators to deal with that,” Greenspan says.

He insists there’s nothing he could’ve done to prevent today’s plummeting home prices and the fact that a million families have lost their homes, and many more could. But some economists now say Greenspan actually created the housing bubble and the credit crunch by keeping interest rates too low for too long.

Does anyone really believe that nothing could be done? This is the Federal Reserve, the king kahuna of all banks in the USA, not some corner pit stop in Ditchville, Alaska. Look at the guy’s eyes and his perpetual smirk that looks like it was welded onto him whenever he says just about anything. He knew damn well what would happen. More.

“Just remember we raised interest rates at every meeting from June of 2004 till I got out of office,” he says.

“You raised rates in 2004. But only after you held interest rates at historically low level for three years, while the bubble, the housing bubble was forming,” Stahl points out. “And that you had 13 rate cuts in that period of time.”

“It was our job to unfreeze the American banking system if we wanted the economy to function. This required that we keep rates modestly low,” Greenspan explains.

Not. This blogger who says he was a stock and mortgage broker writes:

Either way, if the Chairman raises rates furiously for over a year and as a result then needs to drop the rates just as furiously, it is safe to say they didn’t act appropriately in managing rates.
By the end of 2001, the recession was perpetuated not only by 9/11, but by the plethora of accounting scandals headed up by Enron. Chairman Greenspan continued to lower rates to absolutely no avail all the way deep into 2002. He lowered rates so much that eventually the Federal Funds Rate (three points below prime and the rate at which banks borrow from the fed) dropped below one percent. At that point, he could lower it no longer since it really couldn’t go any lower.

So he just threw open the doors to the castle and let the barbarians go to town. This is what gave the banks the go ahead and the encouragement for all this. All need to understand that the less sophisticated dictator’s old-hat way of attacking populations is to go at them with bullets. The smart man’s way, especially if he is in a position of control, anything that will hurt you or inconvenience you, he finds miraculously easy to do, no matter what the challenges or consequences. Anything to help you, no matter how easy, it will always be too difficult, too expensive, or too challenging. This is what goes on every day with Bush & Co. yet the people rationalize it as ineptness because most would go to pieces if the truth were ever consciously acknowleged because they also subcsonciously believe they don’t have the strength to stand up and say no to it all. The above situation includes the people who have access to this type of material who also soak up info every day and don’t spread it around. Bush gives word to my thoughts here.


“Capital must protect itself in every way… Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law applied by the central power of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principle men now engaged in forming an imperialism of capitalism to govern the world. By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd.” – JP Morgan

These are the principles by which the smart dictator operates. Another quote from World Food Prize winner and former Undersecretary-General of the UN Catherine Bertini, which is on the World Food Prize’s site itself!

“Food is power! We use it to change behavior. Some may call that bribery. We do not apologize.”

This whole plan here, that so many Americans are suffering because of, is to bring about nothing less than the combining of or consolidation of control of all banks worldwide under a single world bank, with America the alpha version for it. Another part of the agenda is to create a starving underclass that will do anything for their daily meals. In Britain last week there was a series of measures introduced that allows 30% down payment, interest free loans to first time buyers of homes less than 175,000 pounds with moderate incomes. A direct mirroring of how America got into the mess it did. There is no excuse for this now, because of the state of the British housing market, homes costing as much as five times as much as earnings, and the American example right there for the world to see, and this will end up, if allowed to continue, being the British housing crisis.  And you know what? This centrally dictated plan will keep on being introduced in country after country unless this is exposed for the blatant scam that it is.

Every year, at a luxurious hotel at a different city each year, the top dogs in banking, politics, industry, media, and the military meet to discuss what they want done with the world. They used to be very shy about their activities, but no more. This year, due to intense pressure due to international exposure, most widely by the Canadian mainstream media, they have issued a press release to all the major news agencies announcing their gathering. The USA, heavily censored as always, keeps its mouth shut and won’t report on it. Here’s the attendee list, which includes Timothy Geithner, the New York Federal Reserve Bank president, who in a Financial Times article, called for a global banking regulatory framework. “The institutions that play a central role in money and funding markets – including the main globally active banks and investment banks – need to operate under a unified framework that provides a stronger form of consolidated supervision, with appropriate requirements for capital and liquidity.”

Another attendee, former Chase Manhattan Bank Chairman, David Rockefeller boldly admits in his autobiography, Memoirs on p.405:

For more than a century, ideological extremists at either end of the political spectrum have seized upon well-publicized incidents such as my encounter with Castro to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as ‘internationalists’ and of conspiring with others around the world to build a more integrated global political and economic structure – one world, if you will. If that is the charge, I stand guilty, and I am proud of it.

This is why Greenspan, another previous Bildeberg attendee, allowed the banks to do what they did. And why Bear Stearns was deliberately broken via Goldman Sachs, as Fortune Magazine reports.

Still, momentum was turning against the firm. That morning Goldman Sachs’s credit derivatives group sent its hedge fund clients an e-mail announcing another blow. In previous weeks, banks such as Goldman had done a brisk business (for a handsome fee, of course) agreeing to stand in for institutions nervous, say, that Bear wouldn’t be able to cough up its obligations on an interest rate swap. But on March 11, Goldman told clients it would no longer step in for them on Bear derivatives deals. (A Goldman spokesman asserts that the e-mail was not a categorical refusal.)

“I was astounded when I got the [Goldman] e-mail,” says Kyle Bass of Hayman Capital. He had a colleague call Goldman to see if it was a mistake. “It wasn’t,” says Bass, who is a former Bear salesman. “Goldman told Wall Street that they were done with Bear, that there was [effectively] too much risk. That was the end for them.”

Why would they go and do that out of the blue thing when they didn’t even throw out a bid afterwards to buy Bear Stearns? Anyone who reads the Fortune article can see plain and clear that this was a corporate hit to the nines. The problem was created, soon more banks will fall after Lehman, the people will cry never again, and the solution put forth will be either a government agency to control or regulate the banks, or more dictatorial powers given to the Federal Reserve to do the same. We see the dawn of this with the Freddie Mac and Fannie Mae federal government takeovers.

Mark Zandi, chief economist at Moody’s Economy.com predicted that 30-year mortgage rates, currently averaging 6.35 percent nationwide, could dip to close to 5.5 percent. That’s because investors will be more willing to buy the debt issued by Fannie and Freddie – and at lower rates – since the federal government is now explicitly standing behind that debt.

“Effectively, the federal government has now become the nation’s mortgage lender,” he said. “This takes a major financial threat off the table.”

In this University of Wisconsin lecture, the topic of the Great Depression is brought up. “After the Great Crash, the American public sought a scapegoat for the economic collapse. Some held President Hoover responsible, others targeted the “three B’s”–brokers, bankers, and businessmen.”

This certainly correlates with the history, chronicled by Ralph Epperson in his The Unseen Hand, A Conspiratorial View of History. He notes that in 1920, the Federal Reserve expanded the money supply from $31.7 to $45.7 billion. The banks moved the increase into America at large by brrowing from the Federal Reserve, and this move was supported by corporations like Standard oil making their surplus cash available to Wall Street. The media encouraged the people to buy stock, and the stockbrokers encountering this wave of new business started up a system called buying on margin where the buyer put up 10% of their own money and borrowed the other 90% from a corporation via the broker. This came with strings attached. At any time, a broker could call the stock buyer up and demand repayment of the loan within 24 hours. At the peak of the stock craze of the 1920s, the brokers called in all their loans at once, people sold en masse to get money to pay, most couldn’t, and the banks, which were heavily involved in the broker call loan business were exhausted by people all wanting their money at once, and they closed. All the selling drove down stock prices to nothing and it collapsed the stock market. The elites of the time  who were “smart enough” to sell their stock and get out early, then came back and bought up all the small banks and stock for pennies on the dollar.

And to top it all off, a unique admission by Ben Bernanke (Bilderberg attendee) in 2002, then a Federal Reserve Governor.

For practical central bankers, among which I now count myself, Friedman and Schwartz’s analysis leaves many lessons. What I take from their work is the idea that monetary forces, particularly if unleashed in a destabilizing direction, can be extremely powerful. The best thing that central bankers can do for the world is to avoid such crises by providing the economy with, in Milton Friedman’s words, a “stable monetary background”–for example as reflected in low and stable inflation.

Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again.

Oh, I disagree.

Red Heat, Real Time: Glimpses of WW3

by Stefan Fobes

Many with an interest in numerology have been locked in anticipation of 8/8/08, because of the store managers of this world, otherwise known as the global elite/Illuminati’s obsession with numerology, astrology, and the occult. According to People magazine, several presidents, including Teddy Roosevelt, the founding fathers of the USA, the wives of Gerald Ford and Warren G. Harding consulted astrologers and based their major life decisions off of their conversations with them. The article goes on to reveal that several astrologers noticed uncanny parallels between several decisions Reagan made, including whether or not to seek a second term, his authorization to bomb Libya, and certain celestial configurations. Him and his wife Nancy Reagan had regular meetings with the astrologer, Joan Quigley, which is also in the People article.

Another example of this obsession broke the surface in Britain with Cherie and Tony Blair, the former first family over there. Click to enlarge.

Numerology is an extremely tricky subject. So much so that I prefer to stick to only the most blatant examples of this Illuminati obsession with numerology. Like this.

Adding to that, the Carter assassination scare which involved two men named Lee Harvey Raymond and Osvaldo Espinoza Ortiz. I could go on and on all day about the 9/11 numerology blatancy, the Madrid bombings in 2003 happening 911 days after 9/11, but my main is really about the Ossetia conflict, so….

On 8/8/08, Georgia invaded its Russian-backed separatist spinoff neighbor South Ossetia in a vicious attempt to regain control of it, and captured the capital, Tskhinvali, killing Russian peacekeepers that were in there. Russia, in response, went in there with tanks and are just slaughtering the Georgian military. The Georgian President, Mikhail Saakasvili complained, saying that the Russians are attacking them in their own territory. South Ossetia, in a hard war with Georgia, won semi-independence from Georgia sixteen years ago, so that claim is weightless. Ethnic cleansing has been reported by the Russians and Georgians, and certainly, the Georgians have been brutal, dropping grenades in starving people’s houses and running women over with their tanks. I’ll just report their claim and leave it at that till something more solid than that pops up.

The Russians have the nuts to say they have liberated the South Ossetians when everyone who could fled the country and those who haven’t have hardly any food or electricity. And all the buildings are smashed. Bush must be doing his ventriloquist act again. The mainstream media, for the most part, is giving marginal attention to this, continuing to show the usual cartoons, the Olympics, and some fluff john Edwards scandal, like all this is dust in the wind. This could turn into World War friggin 3, and FOX is debating whether or not John Edwards is the father of some kid. Just like during the Depression. The networks then wouldn’t show all the bank run riots, but they showed instead ostrich races. All by design. The mainstream media is always right on time when they want to manipulate the public. Just remember Iraq and Afghanistan. They are attempting to carefully stage and steer the thinking of the public to their owners’ benefit, with only Russia’s war crimes and outright thuggishness as its focus, and even jumping on the harmless little things like them recognizing South Ossetia and Abkhazia. They want to be free of Georgia, and the world heads of state dare to say Georgia’s territorial integrity must be respected, these two countries’ having no say whatsoever, like the people are a group of slaves on the auction block. This is from Fox’s website, which actually is fair and balanced, compared to what you see on TV.

Witnesses said the South Ossetian capital, Tskhinvali, was devastated.

“We lost our city … The Georgians are like Nazis, they are killing civilians, women and children with heavy artillery and rockets,” said 28-year-old Sarmat Laliyev, a Tskhinvali resident who had fled to Dzhava, a village near the border with Russia.

The fighting broke out as much of the world’s attention was focused on the start of the Olympic Games and many leaders, including Russia’s Prime Minister Vladimir Putin and President Bush, were in Beijing.

And Mikhail Saakashvili, does he have any remorse or guilt about any of this?

The fighting broke out as much of the world’s attention was focused on the start of the Olympic Games and many leaders, including Russia’s Prime Minister Vladimir Putin and President Bush, were in Beijing.

The timing suggests Saakashvili may have been counting on surprise to fulfill his longtime pledge to wrest back control of South Ossetia — a key to his hold on power.

Saakashvili agreed the timing was not coincidental, but accused Russia of being the aggressor. “Most decision makers have gone for the holidays,” he said in an interview. “Brilliant moment to attack a small country.”

Did Brzezinski mentor him too?

The Georgians have exited the South Ossetian capital, but with the understanding that South Ossetia has been doing its thing since breaking fully away from Georgia in 1992 and being left alone militarily for all the years between then and 2008, the next question should be who or what made Georgia go in there now?

The LA Times has reported that Joseph R. Wood, Cheney’s deputy assistant for national security affairs visited Georgia right before the war began. Dick Cheney’s Georgia visit announcement was the reason given for this. Someone that high up reduced to errand boy? I don’t think so. This matches with a New York Times report where the Bush crew was more upfront about things: “Senior members of the Bush administration met several times in recent months with leaders of a coalition that ousted the Venezuelan president, Hugo Chávez, for two days last weekend, and agreed with them that he should be removed from office, administration officials said today.”

2002. The new war on freedom arrives in Georgia. The cover story was that the Al-Qaeda fighters who were causing trouble in Chechnya decided to stay in Georgia for a while. Even the Georgian Defense Minister, whose country recieved enourmous benefit from this in terms of $64 million in military aid and weapons, had this to say: “For me personally, it is very difficult to believe in that [al Qaeda is in the Gorge],” commented Tevzadze, “because to come from Afghanistan to that part of Georgia, they need to [cross] at least six or seven countries, including [the] Caspian Sea… No, al Qaeda influence can’t be in the country.”

Magic carpets, man. You forgot about the magic carpets and the genies! How do you think they toppled World Trade Center Building 7 without even touching it with a plane? So thickheaded.

This aid has also come in the form of elite Green Beret training:

President George Bush called the May deployment of some 150 U.S. advisers to Georgia the latest front in the U.S. war on terrorism. Much like their fellow soldiers in the Philippines, U.S. Special Forces are teaching Georgian soldiers how to better fight Muslim extremists within their country. Also, as in the Philippines, U.S. troops are not permitted to engage in combat.

Plus, Israel is also providing training. The International Herald Tribune provides some details:

In addition to the spy drones, Israel has also been supplying Georgia with infantry weapons and electronics for artillery systems, and has helped upgrade Soviet-designed Su-25 ground attack jets assembled in Georgia, according to Koba Liklikadze, an independent military expert based in Tbilisi. Former Israeli generals also serve as advisers to the Georgian military.

It’s even deeper than that. From the Israeli DEBKA.com:

Last year, the Georgian president commissioned from private Israeli security firms several hundred military advisers, estimated at up to 1,000, to train the Georgian armed forces in commando, air, sea, armored and artillery combat tactics. They also offer instruction on military intelligence and security for the central regime. Tbilisi also purchased weapons, intelligence and electronic warfare systems from Israel.

These advisers were undoubtedly deeply involved in the Georgian army’s preparations to conquer the South Ossetian capital Friday.

Oh indeed. Wired.com Danger Room writer Nathan Hodge gives a definitive answer to the Georgia question.

As Sergei Shamba, the foreign affairs minister of Abkhazia, told me in 2006: “The Georgians are euphoric because they have been equipped, trained, that they have gained military experience in Iraq. It feeds this revanchist mood… How can South Ossetia be demilitarized, when all of Georgia is bristling with weaponry, and it’s only an hour’s ride by tank from Tbilisi to Tskhinvali?”

One of the U.S. military trainers put it to me a bit more bluntly. “We’re giving them the knife,” he said. “Will they use it?”

Feeding the Georgians! But then this leads to the next question. Why are Israel and the US working together? To answer that, I have to bring up a subject that few really think to tread down, and if not brought up, also can bring a debate to a dead stop when someone says, “Well since Israel and the US are against Chavez, Putin and Ahmadinejad, they must be good”. No they must and are damn not. They are all dictators to one degree or another and are no better than Western “democratic” dictators, a subject which I cover in Hugo Chavez: The Rising Neosocialist Face of the South American Union.

The planet, from my research, is ruled by a group of families or factions, all sharing the same goal to create a world government with the continents as states making up an Earth Union. It would have a world central bank, world army, microchipped population, and a cashless electronic credit type currency, but since each one of them has been programmed from childhood to do their absolute best to dominate everything in their sight, each family-faction wants to be world king.

I can hardly believe this every day of my life, but the facts are there in front of me. The Bank of International Settlements has called for all global currencies to be ditched in favor of a small block of currencies like the euro or the dollar. And The Independent reported two years ago that the UN called for:

The most potent threats to life on earth – global warming, health pandemics, poverty and armed conflict – could be ended by moves that would unlock $7 trillion – $7,000,000,000,000 (£3.9trn) – of previously untapped wealth, the United Nations claims today.

The price? An admission that the nation-state is an old-fashioned concept that has no role to play in a modern globalised world where financial markets have to be harnessed rather than simply condemned.

Sacrifice sovereignty to a pack of rapists and criminals? Screw that. With Timothy Geithner, the head of the Federal Reserve Bank of New York, calling for a global banking regulatory framework, and all the continent-wide unions such as the EU, African Union, the new Mediterranean and South American Unions, anyone with eyes can see that we are going into this fast. From what I’ve looked at, the Rothschilds, the chiefs of the central bank tribe are one of them, controlling Israel, the Zionists, and much of Europe, and having tremendous world influence. David Icke has well documented how the Rothschilds have been the guiding dark in Israel since the early kibbutz work farm days there. Another is the Windsors, which control the US, China of and much of Africa, also having much influence. Stewart Swerdlow, who claims that he was mind controlled and in secret government projects, says that there are at least two others. A Romanov line which controls Russia, Iran, parts of Europe and the Middle East, and a Yakuza and North Korea controlling Yamato family based in Japan.

My personal opinion on the Benjamin Fulford situation. To me it seems that he has stepped in a swamp he has no bearings on. The high ranking members of the notorious and ruthless Triads and Tongs who run the drug trade in the region and in the Chinatowns of the world are these Chinese secret societies he talks about who instigated the Boxer Rebellion. I’m sure some reading here have come across how they put the fear of god into their fellow Chinese and rule with iron fists wherever they are found. They could do so much for China to stop the out of control Chinese government. But they fatten themselves up at the expense of the Chinese people the same as the government does and use the same tactics because they are the Chinese branch of the Illuminati. The same Japanese royal family who Fulford says that he is in contact with are total scum who think of the Japanese people as roaches and sacrifice them without hesitation the same as any Rothschild or Windsor would in their attempts to gain more territory and control through imposing ritualistic trash beliefs such as kamikaze. The head of the Japan faction, Emperor Hirohito, why didn’t he keep to the Japanese tradition of seppuku and kill himself after Japan lost WWII? Wasn’t what happened to Japan the ultimate shame? Of course not, because it’s one rule to control the slaves, another for the royal bloodlines who rule this world. These people will hang Fulford out to dry in a minute and they will never help him if the going gets tough for him.

Most may not agree with everything Stewart Swerdlow says, but what is for sure is that the official story we are told about the American Revolutionary War is 100% bull. Yes, I understand, the colonists were innovators with the guerilla warfare tactics, the redcoats never encountered the style before, etc. Britain is notorious in history for being the most ruthless, greedy, money and resource hungry colonial power ever. Which is why it had the most territory of all of them. I liken the American Revolution to a battle against a vicious, greedy, hungry, nasty enemy for years who will do anything to win and get money. And then one day just gives up and says “Ok, it’s all yours, guys!” The people on the opposing side would naturally get suspicious and wonder what was up their sleeve. This is exactly the story we are told to believe as historical fact in the history books.

Harold Brooks-Baker, the publishing director of Burke’s Peerage, the encyclopedic bible of aristocratic genealogy, said in 2004 that every single president from Washington and beyond has been closely related to European royalty, and that Kerry and Bush were related to every European monarch on and off the throne, with Kerry having the most royal relatives in history. Obama is a 10th cousin once removed of George W. Bush, and McCain is the 6th cousin of Laura Bush. George W. Bush is the 13th cousin once removed of Queen Lizard II of England. George W’s mom’s maiden name was Barbara Pierce, as in President Franklin Pierce. A direct descendent. How and why is this? Because the “exit” by the colonial powers was a con job to fool the disgruntled public while they left the royal bloodlines (Washington and Bolivar and Mandela) as viceroys and the secret society networks behind as their eyes, ears, and hands to manipulate these bloodlines into power and carry out other aspects of the agenda. That’s why you see the top dogs in banking, politics, the military, and entertainment all can claim close blood links with European royalty, and why there is such a high ratio of people in these top positions that are secret society initiates compared to those who aren’t.

Working with this understanding that there are factions who all want a global government, but also fight amongst themselves for the king of the ring title, you can understand then why Putin and Chavez, who are clearly dictators when you see who they call friends and ally themselves with, are being attacked by the West. They are just getting in the way of Windsor or Rothschild power grabs. The media, controlled in areas by all factions, then issue certain nationalistic or whatever lie is necessary to cover up what is really going on behind the scenes.

Every single nation that is called a hostile or rogue state by Bush & Co. all were countries, at the time the Project for the New American Century document, Rebuilding America’s Defenses was written, that did not have US military bases on them. Burma is also a country without one of them. It is a highly strategic point because it is the center of Southeast Asia which would offer easy access to China and other Asian nations militarily in a future conflict with them that is planned. The Middle East is also right near China and it is essential that they be taken to choke China like a noose. The same idea in Eastern Europe with Russia. Radical Islam was created through the Western intelligence agencies to provide justification for getting these countries under control.

Russia and China are the two most poweful nations in the East, and they are rapidly making alliances all over the place, and gathering up natural resources in Eastern Europe and Africa to further these goals. Recently, in a deal by state owned natural gas company Gazprom with Turkmenistan, Russia has gained control over the much desired Turkmen natural gas deposits, the fifth largest in the world. Putin has already announced that he wants the former Soviet Union reunited, and this is the reason you see why Russia has such a possessive attitude in regard to neighboring countries. And why the factions controlling the US and Israel are working together in this situation and have been fueling up Georgia to block them. A member of Rice’s Georgian “diplomatic” delegation said about Russia:

On board of Condoleezza Rice’s airplane one of the members of the US delegation said something even more explicit than what Secretary Rice had said. The member wished to remain anonymous.

“Russia needs to realize that the empire is gone. Austro-Hungarian Empire is not coming back. The Ottoman Empire is not coming back and nor is the Soviet empire,” Reuters quoted the US official as saying.

The U.S. official traveling with Rice to Tbilisi said a simmering confrontation between Georgia and Russia over two breakaway regions could lead to a catastrophe, and that Moscow should realize it is no longer Georgia’s imperial master.

These are the countries Russia has already allied themselves with.

  • Iran – Ahmadinejad and Medvedev called for strong Tehran-Moscow ties just two weeks ago. This was obvious but I’ll just put it here again just to show the raw extent of Russia’s alliances and influence in the region.

Russia is a member of the UN Security Council, which means it can veto any Iran resolution. It is also Iran’s ally now, so you can see how that’d go. Already the US, Britain, and other nations are trying to get together to put out independent sanctions on Iran. Even though they always end up hurting only the common people. That’s freedom.

Russia already has gained through that big deal with the Turkmen gas, which must have been devastating to the plans of the Rothschild-Israel and Windsor-Uk-US factions. Most of Asia and Eastern Europe is now on the Russia-China team. They had to move fast and stop Russia from gaining any more ground and put a stop to Russia’s aggression so they can snatch up the remaining Eastern European countries into NATO and the EU. Russia’s already threatened to nuke Ukraine and other countries around it if they joined NATO. Therefore team Israel and USA create a problem by arming up Georgia, giving them the knife to go in. Which they have. They knew Russia wouldn’t stand for what happened over there, and that they’d attack. Now the perfect justification has been created for NATO and the UN to curb Russia’s violent growth, in my view.

The above is where I ended the original version of this article, and as the days pass by, I see the confirmation of more and more of what I said. Because it’s what they the Illuminati have said. David Miliband, the UK Foriegn Minister says that this is all to stop Russia from gaining territory. The Guardian article astonishingly admits that the world was cut up into regions with each of the leading world powers given their own territory. Miliband said: “Britain will not accept the redrawing of Europe into spheres of influence, the foreign secretary said today, as he kept the diplomatic pressure on Russia after its recognition of Georgia’s breakaway provinces.” At least not when Russia is getting in the way of our faction’s control desires Britain won’t. And the confirmation providing warning: “The statement, described as an “unprecedented step” by the Foreign Office, followed a warning from Miliband delivered in Kiev, the Ukrainian capital, to the Russian president, Dmitry Medvedev, that he bore a “big responsibility” not to provoke a new cold war.” The former Georgian president Eduard Shevarnazde, in an interview with Bild.de said that the US has been plotting for years to start up a new Cold War through the missile defense shield set up in Poland and the Czech Republic.

Earlier in this work, I said that NATO and the UN now have the justification to curb Russia’s territorial expansion. There is a strong case that NATO was even created with just this scenario in mind. In Miliband’s statement, he added that special type of reversespeak denial which is so common while there’s a plan in the works: “Miliband said Russia’s approach was “anathema” and belonged to the second world war era of Yalta. He rejected the argument that Nato was an offensive alliance seeking to encircle Russia.” Another Guardian article, called The week that buried the new world order, shows that the history negates all that.

Into this was interposed the issue of Nato expansion up to Russia’s very borders, sold first by President Bill Clinton and then George Bush, as a mechanism for ‘democratisation’ that would guarantee security. Gaddy says: ‘That push was counter-productive and largely responsible for what is happening today. If we push harder, [as Gordon Brown suggests] it will confirm Russia’s worst fear over what Nato is about. That is what I am afraid of – by pushing ever-harder we end up in a dangerous place.’

Indeed NATO looks like it’s going to do something. They have caused the Russians considerable alarm because the latest addition to their number of warships off the coast of Georgia now means that they outnumber Russia’s. Sarkozy, now EU president, also has said to Russia to pack it up, because “no one wants a new Cold War.” And of course, Russia issued threats, one being their ambassador to NATO growling out that any NATO interference meant war. Doubly chilling in its implications, the Chief of the Russian General staff warning the West that to defend Russia’s territories, they are ready to go nuclear, even going so far as to engage in American style preemptive strikes. Preemptive nuking. I still can’t believe all this manuevering is going on and the networks are still devoting airtime to cartoons. This time though, the West is going for broke and wants to do this domino style, Russia->China->Iran->allies. I know it looks that everything is pointing to Iran because of the threats, but Iran is too expected. I said that the China Olympics would be uneventful and I was dead on. Why? The Illuminati operate on a “shock and awe” doctrine where they use the same old techniques but always do it in an unexpected way or moment. Everyone expects a terror strike on American soil to justify a war with Iran. Everyone expects the US and/or Israel to go directly into Iran. Basically, the way this game works is to introduce an out of the blue, traumatic shock. After this happens the mind enters a sort of “out”, ungrounded state where it is terribly susceptible to outside influences or commands and thus can be controlled at that time. It is textbook Tavistock technique. Did you or anyone you know expect 9/11 on a conscious level in the way that it happened? Or any of the other controlled terror attacks? Diana? Unless you did you homework, probably not, right?. This is one of the finest tools in the Illuminati arsenal that is so essential to understand when researching the overall plan.

All this has to be done very delicately because Russia supplies most of Europe’s oil and natural gas.I saw that David Icke’s newsletter that just came out today where he gives an update current eventswise about a traffic cop that told him about a secret plan by the UK government to use CCTV operators, private security guards, traffic cops, and other people to act as military style enforcers in the aftermath of a war where the people would be rioting. With the info I’ve gone over I certainly agree with David Icke that the deliberately manipulated into war involving China is definitely the war they are prepping for with this. Icke has a scan in his article of a Daily Mail article where citizens can take a course and get police abilities. I include a link to that at the end of this article. Now the only reason why citizens would mass riot is if something really extreme happened, even worse than a new war with just one Middle East country. It couldn’t be just Iran because look at Iraq. It was a major oil supplier and prices didn’t surge up that much. So something bigger, something involving a war with Russia the major European energy supplier which would send oil and as a consequence, food prices through the roof. And the British people aren’t like Americans, programmed through that box to think that standing up for your rights is insane and criminal. If they will riot over something like a genetically modified food trial, they sure will over that. Not meaning to tear down my fellow Americans, but the truth is the truth.

To me this possible WW3 situation looks not like an unavoidable inevitability, but an ultimate opportunity for humanity to firmly stand up and stop bucking responsibility for everything we see around us. A reader sent me an email with an article about the 545 members of Congress…just 545 people who are the source of all our problems, we can do it. No. Just 7 billion people, we can do it. Soldiers need to come through the fear of being jailed and act like the real heroes we are told they are. Military men and women, is it really so bad to sit in the brig when you know that you aren’t going to earn your pay by coldly shooting or bombing people with families who love them, that you’ve never seen in your life? Contrary to popular belief, the infantry hold the greatest power in the military because through them and their deciding whether or not to follow orders, bloody massacres can happen without a hitch or never make it past the planning stages.The power to create a warless world are the youth who refuse military service. Albert Einstein. Utterly simple and utterly profound. The same principle we need to use in our daily lives. Stop giving in to the Illuminati created gangsta rap and TV news bombardments of all the 6 or so that happen in a year “race” violence occurences meant to incite racism, come together, and nonviolently choose not to participate with any police state type law that is passed. If we close our egos and open our hearts, we will know this way is the simplest, the cleanest, and the most favorable for humanity. In other words, it’s make or break time.

[Related Reading]

London Underground Bombing ‘Exercises’ Took Place at Same Time as Real Attack

David Icke Newsletter on plan to use citizens, police, CCTV operators, and others along with the military as enforcers after a war that would cause mass riots