CRISIS COVERAGE REPORT
BAILOUTS, MERGERS, CORRUPTION
EXTENDED BREAKDOWN ANALYSIS

* Update on Bank System Shutdown
* Bankers & Their Messiah Complex
* USTreasury Default & The Fuse
* United States & Great Britain on Bad Path
* Violence Begins amidst Virus Genocide


HAT TRICK LETTER
Issue #68
Jim Willie CB, 
“the Golden Jackass”
15 November 2009

"This is far and away the strongest global economy I have seen in my business lifetime." -- USTreasury Secy Henry Paulson, (July 2007)

"Goldman Sachs is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. -- Matt Taibbi

"And as far as [Goldman Sachs] doing Gods work, I think the bankers who took government money and then gave out obscene bonuses are the same self-interested sorts Jesus threw out of the temple." -- Maureen Dowd (New York Times)

UPDATE ON BANK SYSTEM SHUTDOWN

◄$$$ A GLOBAL BANK DISASTER RECOVERY EXERCISE TOOK PLACE IN LATE OCTOBER!!! (ALERT) THIS COULD BE A SIGNAL OF AN ANTICIPATED BANK SYSTEM FAILURE, OR A PLANNED BANK SYSTEM SHUTDOWN. THE MOTIVE COULD BE TO IMPOSE A NEW VALUE ON THE USDOLLAR, TO INSTALL A NEW USDOLLAR WITHIN THE UNITED STATES, TO PILFER GRAND SUMS OF MONEY FROM ACCOUNTS, AND TO CAUSE CONDITIONS THAT MIGHT LEAD TO HARSH POLITICAL CONDITIONS. REFER TO MARTIAL LAW OR DECLARED STATE OF EMERGENCY. $$$

Reports came from across the world on October 25 that a long list of big banks from numerous countries were engaged in nearly identical exercises. They occurred over the weekend, when most operations are on hold. An industry wide disaster recovery drill was being conducted, seemingly on a global basis. The most common speculation aloud was the banks are planning a shutdown in order to abruptly devalue the USDollar. Some go futher and wonder if the supposed contrived National Emergency over the swine flu, which has relatively low incidence and fatalities, is merely a cover for for the currency collapse that is taking place before our eyes.

Wells Fargo Investments announced it would participate in an industry wide disaster  recovery exercise which may result in the brokerage website being unavailable for all or part of the event, conducted on October 24 and 25. They apologized for any inconvenience and thanked people for their patience. The Clearing Corporation announced its goal in their continuing effort to provide seamless trade processing capability to their clearing  participants in the event of a disaster. Thus CCorp participated in the FIA Industry Wide Disaster Recovery test scheduled for 24 October 2009. As part of the test, CCorp provided clearing services from its disaster recovery (DR) site in order to help firms test their preparedness in the event that CCorp needs to relocate to its DR site. See the CCorp message (CLICK HERE). Pershing Clearing also joined the exercise. TD Ameritrade announced systems maintenance scheduled for 25 October 2009 while they performed maintenance updates to ensure continued high level service for clients. See the TD message (CLICK HERE). From Europe, a consistent theme was evident. From the Netherlands, planned maintenance was announced. The ING message in Dutch was "Onderhoud Mijn ING. Vanwege onderhoud is Mijn ING op zondag 25 oktober van 1:45 tot 6:00 en op maandag 26 oktober van 3:00 tot 6:00 niet beschikbaar en kunt u geen iDEAL-betalingen verrichten." See the ING message (CLICK HERE). A similar announcement was made at another Netherlands bank site at ABN Amro. They announced necessary maintenance and temporarily unavailable internet bank services. See the ABN Amro message (CLICK HERE). Another bank in Belgium joined the exercise. A more prominent voice also participated. Online banking maintenance was announced by Barclays of England. For a more complete catalog of the financial firms involved in the planned coordinated exercise, see the Tree of Liberty thread (CLICK HERE). Regard this event as a something BIG going on in the banking world.

A globally connected banker made a trip to Europe in late October. Upon return, a message was sent my way as an update on the deteriorating psychological condition among bankers on the continent. He wrote, "Greetings from Europe, the old continent. Yes, there is quite obviously something mega going on that is much bigger than governments can prevent from coming apart. The nervousness and tension is so thick that you can cut the air with a knife. I was in Geneva, Zurich, London, Berlin, and on my way out East. Everybody tries to find a safe harbor for whatever liquidity they hold. There are billions of US$ tranches out there that are frantically looking to be converted into Euros, Yen, Rubles, and Swiss Francs, or straight into hard assests. It appears that the guys on the A-deck of the financial USS Titanic finally realized that the lifeboat capacity is limited and that the ship is going down. This entire process is an exponential function accelerating with lightning speed. System failure is imminent and unavoidable. There is no market any longer, as 'they' are struggling to stay afloat with the first guys on the A-deck drowning and no one coming to their rescue. It will be total destruction and annihilation with no prisoners taken."

◄$$$ SECURITY WITH BANK DEPOSIT BOXES IS SERIOUSLY DEBATED. $$$ Ever since the Patriot Act went into effect in 2002, without benefit of the USCongress even reading the bill, under pressure and threats from anthrax in the Congressional ventilation systems, much debate has come regarding the true security and privacy of bank safety deposit boxes. My understanding is that the Patriot Act forbids the usage of bank safety boxes for holding jewelry, coins, and other metal valuables. During a bank shutdown event, such items might be simply stolen by the banks. The Act stipulates that the purpose for safety desposit boxes is for personal papers and documents, like Last Will & Testament and property titles.

Privacy has been destroyed with bank safety boxes altogether. Confiscation has become common. Banks are under extreme pressure from insolvency and ruin. They are using flimsy laws that permit them to seize contents of supposedly inactive boxes and accounts. How does one prove a box is not inactive? Banks are being protected by the courts in most cases. Across the nation deposit boxes are being opened, contents seized, then auctioned off by the banks to raise money. Bank of America is the bank most often cited for violations. Accounts are even been labeled as unknown, despite records at the bank with clear identification. Often the state claims the property if they initiate the process. Some states keep the unclaimed property in a special trust fund and only tap into the interest earned from it. But California has dumped the money into the general fund, and spends it. The contents are supposed to be segregated and protected, but they are not. California State Controller John Chiang inherited the situation when he came into office. He said, "What we have done here over the last two decades has been dead wrong. We have kept the property and not provided owners with the opportunities, the best opportunities, to get their property back." He now faces the daunting task of returning $5.1 billion worth of unclaimed property to aggrieved people. Suing and recovering from the state is often impossible. In many reported cases, important contracts, property rights, treasured family documents, and other papers were taken and shredded without regard for the owner or their value. Stories abound. Bank lobby groups actively argue against a halt to the abuse, since it is a real source of income. In fact, all 50 states pay private contractors 10 to 12% commissions to locate and seize accounts for them. It is an inherent conflict of interest that is outrageous, but continues. See the David Vaughn article on the subject, extended further to bank related claims abused (CLICK HERE). The events described are part & parcel to a Police State, with banks acting with an extension of the Gestapo.

BANKERS & THEIR MESSIAH COMPLEX

◄$$$ DESPITE THEIR SOMEWHAT RECOGNIZED BOND FRAUD, AND ACCUSATIONS OF STOLEN T.A.R.P. FUNDS, SOME BANKERS STILL MAINTAIN A STRONG MESSIAH COMPLEX. SEE GOLDMAN SACHS, WHOSE CHIEF EXECUTIVE SUFFERS FROM DELUSIONS. A DEMONIC IMAGE IS MORE SUITABLE. THE BANKERS FEEL BOLD, SINCE THEIR CRIMES ARE PROTECTED BY THE USGOVT. $$$

Lloyd Blankfein is the CEO of Goldman Sachs. In a recent speech, he mixed bank function with the divine in a gesture that has resulted in sporadic outrage. This is an extraordinary example of delusion, far worse than any Messiah Complex held by medical doctors. He believes banks serve a social purpose and do God's work. He said "We are very important. We help companies to grow by helping them to raise capital. Companies that grow create wealth. This, in turn, allows people to have jobs that create more growth and more wealth. We have a social purpose. Everybody should be happy. Companies are looking to grow again and raise money. That is where we come in. The financial system may have led us into the crisis but it will lead us out." In fact, the banking sector was responsible for attracting truly gargantuan sums of money as it lured them away from USTreasury Bonds into risky mortgage bonds and related leveraged contracts. The result was the largest capital drain in modern history. The Wall Street bankers became the grandest parasites ever known to mankind in capital markets, as fraud was their game. The drain occurred with money markets, pension funds, insurance firms, annuities, personal savers, and corporate paper that funds the supply chain, which account for significant distraction away from business capital formation. The attraction was to a ruinous bond fraud and orchestrated bubble, still protected by the USGovt.

Thus the bond fraud and asset backed bond wreckage perpetrated by Goldman Sachs and other Wall Street investment banks is more responsible for the USEconomic recession and capital destruction that any single factor. Blankfein went on to rationalize the extreme executive bonuses and ill-gotten corporate profits as evidence that the world economy was recovering. He bypassed the USGovt role in supplying billion$ in TARP Fund aid, without conditions, and surely overlooked the grotesque insider trading that goes on. The FBI continues to cover up the revelation of their stock front running ahead of NYSE with flash trades after monitoring its order flow. See the Reuters article (CLICK HERE). One must wonder what religious affiliation Blankfein embraces, or perhaps he worships at a syndicate altar.

The Daily Bell summarized well a contrary point of view. They wrote, There really is no defending what Goldman Sachs does, which is to operate at the center of American mercantilism, greasing the wheels of its manifold and stupendously profitable enterprises by backing voluminous laws and burnishing government relationships. Goldman almost constantly seems to have one of its senior people at the forefront of the American Treasury, and in other high government places as well... Goldman is an intermediary. It puts together buyers, sellers, and partners in business dealings. Goldman's main profit comes when it benefits from one of the incredible booms that central banks seem to engineer at least once a decade, and for a good portion of each decade (present decade perhaps excluded). Goldman's fees go up commensurately during these periods. It is therefore a main beneficiary of the ruin that central banking visits on much of the Western world on a regular basis. Its business becomes even more profitable when the economy heats up as a result of excessive fiat money printing. Subsequently its fees, including trading margins, go down during a bust. It is to Goldman's advantage to encourage the kind of central banking difficulties that the world currently suffers from because during better times Goldman's profits are huge." Nicely put!

Maureen Dowd posted a column on the New York Times castigating Goldman Sachs for their blood-sucking Messiah Complex. She makes some great points in focused fashion. Through the Treasury Secy conduit, they placated the USCongress with a switch to stock option compensation in lieu of executive bonuses, knowing they control the Plunge Protection Team and the rules creation against bank short positions. They arranged their own back-door gains. She wrote the following.

"The Great Vampire Squid has gotten religion... Banks, Blankfein explained, are really serving the greater good... When Arlidge asked whether it is possible to make too much money, whether Goldman will ignore the people howling at the moon with rage and go on raking it in, getting richer than God, Blankfein grinned impishly and said he was 'doing Gods work.' Whether he knows it, he is referring back to The Protestant Ethic & The Spirit of Capitalism. Except, of course, the Calvinists would have been outraged by the banks vicious (not virtuous) cycle of greed and concupiscence. Blankfeins trickle-down catechism is not working. Now we have two economies. We have recovering banks while we have 10+% unemployment and 17.5% under-employment. The gross thing about the Wall Street of the last decade is how much its success was not shared with society... As many Americans continue to struggle, Goldman, Morgan Stanley, and JPMorgan Chase, banks that took government bailout money after throwing the entire world into crisis, have said they will dish out $30 billion in bonuses, up 60% from last year. The saying used to be, whatever happens, the lawyers win. Now, it is whatever happens, the bankers win. Under pressure from regulators, who were trying to ensure that long-term performance was rewarded, the banks agreed to award more in stock, deferring cash payments. But as The Times reported this week, the Goldman executives who got stock options instead of bonuses last year, at market lows, got a windfall. So it had nothing to do with bank employees performance. And as far as doing Gods work, I think the bankers who took government money and then gave out obscene bonuses are the same self-interested sorts Jesus threw out of the temple."

Allow the Jackass a more COMPREHENSIVE REBUTTAL. Most importantly, the most powerful bankers worship money as their idol. It is true, bankers do create what they believe to be money, and that might be the foundation of their complex. This control enables vast fraudulent bond and counterfeit systems to be created, to function, to thrive, and to operate with impunity. They operate with impunity ever since Goldman Sachs took control of the USDept Treasury in 1992 with Robert Rubin appointed by President Clinton. The executive branch exerts significant control over high level law enforcement and regulatory control. However, the big bankers have a Messiah Complex that must be regarded in a revolting manner. They are responsible for bond fraud, bond counterfeit, narco money laundering, and possibly presidential assassinations (see JFKennedy). They engage in predatory lending that reversed the Ownership Society and turned it into a Foreclosure Society. Home buyers were often duped and betrayed by predatory loans, now homeless and angry. They bribe the USCongress so as to subvert democracy, and place their associates in committee head posts. They control the press networks in order to direct presidential selection and election, in addition to disseminating mundane weekly stories that help direct money flow traffic according to their plans and bets. They organize insider trading so as to act as a direct lodged parasite upon the entire financial system. They manage the Plunge Protection Team interventions in the financial markets on behalf of the USGovt, which easily lift values of bank shares where they own executive stock options.

Permit me to continue. The bankers steal entire nation's banking systems (see Argentina in the 1990 decade). They exploit global bank groups to extort from nations and keep them in poverty through harsh rules and conditions (see the World Bank and Intl Monetary Fund). They ruin broad pricing systems in numerous financial markets, principally the usury cost of money, as in the primary interest rates, which in turn leads to asset bubbles, later to bust. They devised a series of credit derivatives that act like nuclear bombs wrapped around the global economy's neck with criss-crossed fuses and unclear location of damage zones. These credit derivatives now act as a queer sort of blackmail exerted upon the US and global economy, almost entirely without regulatory supervision. They lead the pervasive political movement toward global fascism, tyranny, and dictatorship. Apologies must be given for leaving out half a dozen other important crimes, faults, plots, and general poxes from this group of cancerous parasites suffering from megalomania. These bankers strut like royalty, demand icon status in society, are revered by the press and corporate heads alike, but are often some of the greatest criminals ever to inhabit the United States of America. Their actions are often one wrung above the high treason on the crime ladder. So no, let me disagree that the bankers are doing God's work!! They are rumored to be heavily involved with Satanic rituals in secret societies. So they are more likely doing Satan's work!!

◄$$$ GOLDMAN SACHS THEFT & FRAUD LAID OUT. $$$ Matt Taibbi is a brave man. He has survived several rounds with Golman Sachs, and still walks the earth. They attempted to smear him, but failed. They threatened lawsuits against him in court, but would not dare risk the discovery phase with a spotlight shined upon their deeds and records. Insider trading to the extreme has occurred in diverse manner and in numerous arenas. They do not seem to care about hiding their highest level frauds, since they control control of the USDept Treasury and law enforcement, even regulators. It is my opinion that GSax lies at the center of a syndicate whose reach is perhaps global, which extends beyond the financial sector. Their illegal enterprise is probably at least as large as their legal business units. See the Goldman Sachs massive theft laid out in a Lew Rockwell article (CLICK HERE). Below is the shrine headquarters.

◄$$$ GOLDMAN SACHS SEIZES HOMES AFTER SELLING MORTGAGE BONDS, THEN PURCHASING BONDS. THEY INVESTED HEAVILY IN SUBPRIME MORTGAGE BONDS AND ARE ACTIVE IN THE HOME FORECLOSURE PROCESS. $$$ Companies associated with Goldman Sachs have gone to courts from California to Florida seeking approval to foreclose on the homes of middle and lower income Americans who failed to keep up with monthly payments on their loans. Here are two stories that bravely take shots at GSax. The article titles are "Why did blue-chip Goldman take a walk on subprime's wild side?" (CLICK HERE) and "Goldman takes on new role: taking away people's homes" (CLICK HERE). Neither piece is complimentary, each from the first week of November from McClatchy News.

Goldman Sachs was late to the game of bond securitization based upon subprime loans. When they entered, they did so with some high flyers that quickly went bust like New Century. In fact, GSax sold $5 billion in bonds backed by New Century home loans long after their lending standards deteriorated and a cash squeeze had taken firm grip. It was as though GSax knew in advance of the bust, but wanted profits from bond sales of tainted products. In all, GSax bought, repackaged, and sold $135 billion worth of mortgage bonds from firms that failed from the subprime meltdown. Never forget that GSax also invested very heavily in CDSwap contracts that profited from the meltdown itself, unlike most Wall Street firms. GSax greased their own business backyard. Along with other investment banks, GSax stood in a position to gather $20 million in gains taking a 1% fee for assembling, securitizing, and selling a $2 billion pool of mostly AAA rated bonds backed by subprime loans. GSax earned million$ more by servicing the very same loans, and even more fees by arranging sophisticated Interest Rate Swap contracts to guard against interest rate moves. They set up a $450 million credit line of credit to New Century, known as 'warehouse loans' in the trade, which were used to finance the issuance of more home loans to other borrowers of marginal or wretched quality. This was street crack cocaine drug dealing within the mortgage finance industry at both ends of the supply chain. The second article linked above provides stories of misery for home buyers who suffered foreclosure, many of whom were duped by predatory loans.

◄$$$ GOLDMAN SACHS MANIPULATION AND EXPLOITATION OF THE CRUDE OIL MARKET IS MAGNIFICENT AND ONGOING. SOME PAST EPISODES EXPOSE EGREGIOUS PROFITEERING, CARRYING OUT A USGOVT AGENDA. THE I.C.E. WAS CREATED IN ORDER TO FACILITATE GRAND FRAUD IN COMMODITY TRADING. THE RESULT IS A PARASITIC COST INFLICTED ON THE GLOBAL ECONOMY, ILLICIT RUIN OF PRIVATE INVESTMENT FUNDS, AND EXTREME ALIENATION BY FOREIGNERS. $$$

Goldman Sachs, Morgan Stanley, British Petroleum, Total (of France), Royal Dutch Shell, Deutsche Bank, and Societe General founded the Intercontinental Exchange in 2000. The ICE is an online commodities and futures marketplace. It lies outside the US borders and therefore operates outside the constraints of US laws. The ICE exchange was set up to facilitate 'Dark Pool' trading in the commodities markets by large financial firms and oil companies. Without taking oil delivery, they ratchet up the price using various shady techniques. A basic USCongressional investigation into energy trading in 2003 discovered that ICE was being used to facilitate 'round-trip' trades, wherein transactions are executed and immediately sold back to the original seller without any product changing hands. When done on an exchange, the practice sends a signal to the market that lifts price artificially, and even boosts revenue for the company. This is nothing more than a massive fraud, pure and simple. DMS Energy, when investigated by Congress, admitted that 80% of its trades in 2001 were 'round-trip' trades, bogus trades where no commodity changed hands. Yet the balance sheets showed added revenue. Furthermore, the co-existence of Brent crude oil (mostly North Sea output) and West Texas crude oil enables Wall Street firms to game one market against the other, and further manipulate price for their private gain. In mid-2008 an estimated $260 billion was invested in the Brent energy markets on the ICE, in sharp contrast to the $4 to $5 billion worth of actual oil output from the North Sea each month. Before the ICE inception, the typical American family spent 7% of its income on food and fuel. In 2008, the proportion surpassed 20%. This data is evidence of deeply rooted parasites.

Note the tranquility of the commodity prices before the 2000 introduction of the ICE exchange, and the relentless rise after its launch. The Wall Street spinmeisters blamed it on Chinese growth and its higher demand, which is only part of the story. Corrupt price mechanisms is the other part of the story. The Goldman Sachs Commodity Index funds accounted for $60 billion out of $100 billion of all managed commodity funds in 2007. Investors in the GSCI lost 15% in 2006 while Goldman had a record year. They routinely steer the contracts at the end of the rollover periods, when one contract ends and another begins. They manipulate prices up or down to suit their objectives, and pocket huge profits, with contracts stipulating their right to settle at the very end of contract duration. Examples of manipulation abound. In the summer and autumn of 2005, GSax changed the weight for unleaded gasoline in the GSCIndex, lowering it from 9% to 2%. They forced huge selling of gasoline contracts, resulting in massive GSax profits. Beforehand, large short positions were put into place. In the summer of 2008, GSax cooperated with the Bush II Admin to sell large amounts of crude oil from the USGovt Strategic Petroleum Reserve. The price ultimately fell from $150 to under $40 per barrel. GSax profited heavily from the coordinated move. The USGovt covered its tracks with large scale oil swap contracts with the Mexican Govt. The oil price had been pushed toward the $150 level by round-trip trade techniques, along with other methods like targeting SemGroup. Their management blames actions by GSax for their ruin. The motive for the 70% oil price decline was to bring lower costs to the threatened USEconomy and to provide indirect USDollar support. See the Phil's Stock World article (CLICK HERE).

USTREASURY DEFAULT & THE FUSE

◄$$$ HUGE CRIPPLING FORCES CONSTANTLY PRESSURE THE FINANCIAL SYSTEM FROM DERIVATIVE CONTRACTS. THESE OVER-THE-COUNTER CONTRACTS ARE TOTALLY UNREGULATED AND TOTALLY OUT OF CONTROL. THEIR STAGGERING VOLUME HAS COME DOWN ONLY A SMALL AMOUNT IN RECENT MONTHS. THE CONTRACTS COVER INTEREST RATES, CURRENCIES, ASSET BACKED BONDS, CRUDE OIL, AND DIVERSE OTHER CUSTOMIZED CONTRACTS. THEY CREATE A PLAGUE. THEY THREATEN THE ENTIRE WESTERN FINANCIAL FOUNDATION STRUCTURE LIKE A CHAIN OF NUCLEAR BOMBS. $$$

The OTC derivatives eat at the financial body like a cancer. See the deep AIG and Fannie Mae losses that will never cease to kill capital. See the Berkshire Hathaway unsuspecting adoption of a cancer in General RE, which prompted Buffett to call the credit derivatives financial weapons of mass destruction. The most complete data on the anti-matter comes from the Bank For Intl Settlements in Switzerland, the mother of central banks. The Office of the Comptroller for the Currency reports complete data from US financial firms. The total notional value of all OTC derivative contracts was $592.0 trillion at the end of 2008. Fear not: this number is actually a reduction from the most recent previous read of $683.7 trillion at end June of 2008. The more accurate total exposure must include regulated exchanges, which would require one to double the numbers above. In totality, the corralled collection of 'sidebets' on everything under the sun within the derivative markets is closer to $1300 to $1400 trillion. This represents the Too Big To Fail monster when the bank facades within balance sheets are peeled back. The cancer within these derivatives cannot be removed without destroying the very foundation and fabric of both the capital markets and society itself. One can see the total has come down, but the credit exposure has increased.

CDSwap contracts insure against default of an asset backed bond, like a corporate bond or mortgage bond. The volume of outstanding Credit Default Swap contracts fell 27.0% to $41.9 trillion as severely strained credit markets forced liquidations but also close-outs of profitable trades. Increased multilateral netting of offset positions by market participants occurred also, which is a fancy way of saying that complex contracts were sorted out among multiple positions connected by customizations and indexes. The trend for clearing up and sorting out was a continuation of the developments seen in the first half of 2008. Single-name contracts declined by 22.8% to $25.7 trillion while multi-name contracts, a category that includes CDS indices and CDS index tranches, saw a greater decrease of 32.7% to $16.1 trillion. Despite the lower outstanding volumes, the gross market value for CDSwap contracts increased by 78.2% to $5.7 trillion as a result of the credit market turmoil and raised insurance rates on bonds generally. Gross market values grew 95.6% to $3.7 trillion for single-name contracts and 52.5% to $2.0 trillion for multi-name contracts. To be sure, comprehension is a challenge.

The Interest Rate derivatives (swaps, options, and forwards) dominate in the OTC derivative arena. Worse, the players (actually abusers) are heavily concentrated. Of the $420 trillion in notional OTC total, about $200 trillion is held by the usual pampered zombie suspects: Goldman Sachs, JPMorgan, Bank of America, Citigroup, and Wells Fargo. The USFed will forever be compelled to bail out what Tyler Durden calls the 'Unholy Pentagram' of entrenched firms that form the syndicate. If any one firm fails, they all will fail and ruin the entire financial system. Therein lies the blackmail source and potential for extortion. Any corporate collapse of one or more of the five major spokes of this broken wheel of $420 in Interest Rates derivatives would guarantee a total wipeout of all in its path, without exception. See the excellent discussion from Zero Hedge (CLICK HERE). This is a difficult topic to cover, to explain, and to comprehend. My approach is to provide awareness through glimpses.

◄$$$ THE BREAKDOWN SEQUENCE IS PERHAPS MUCH SIMPLER. OBAMA WAS SELECTED AND ELECTED WITH AN AGENDA TO LOAD ON A COLOSSAL ADDITION TO USGOVT DEBT. HE KEEPS GOLDMAN SACHS IN CHARGE OF THE USDEPT TREASURY, THUS KEEPING THE SYNDICATE IN PLACE. $$$

The plan is to pillage the system behind the curtains and to force a USTreasury default. The credit derivatives are used as leverage to keep the system running, but also to commit extortion from USGovt policy. When the breakdown is imminent, a military coup is to occur that prohibits foreign involvement in any resolution. That is my theory. Just speculation to share a theory that seems more credible than most other theories.

◄$$$ GLOBAL FORCES CONSPIRE TO PUT GREAT PRESSURE ON THE USDOLLAR. FOREIGN CREDITOR NATIONS ARE ENGAGED IN A GLOBAL MOVEMENT, A PARADIGM SHIFT WHEREIN THE USDOLLAR IS NO LONGER THE CENTER. THE NEXUS FOR BREAKDOWN IS THE USDOLLAR AND GOLD. FORMAL G-20 STATEMENTS ARE CONSISTENT WITH THE SHIFT, WHICH HAS A NATURAL END OF USTREASURY DEFAULT. $$$

The topic will be treated more thoroughly in the Gold & Currency Report next week. The G-20 Meeting of finance ministers consolidated the consensus behavior. They will employ benign neglect against the USDollar, and will not support it. The G-20 official position was stated as endorsing continued global stimulus. One should interpret that plank in two ways. The emerging market nations that desire more formal power wish for the major currencies to be debased further by monetary inflation. Let the industrialized nations continue a course of self-destruction, resulting eventually in a USTreasury default that is destined to occur. The emerging market nations wish to see the USDollar removed from global reserve status, even to descend into oblivion. Far too much in foreign reserves is held in US$-based bonds, with massive diversification underway. At the G-20 Meeting in Scotland, the US & UK bankers were given no respect, even at times shunned.

◄$$$ SOME THOUGHTS ON DEFAULT SCENARIOS FOR USTREASURY BONDS CAN BE CITED. IF THE THREAT IS CLOSE TO REALITY, TREMENDOUS EARTH SHAKING CHANGES WILL COME, INCLUDING POLITICAL RESTRUCTURE. THE POSSIBILITY OF MILITARY COUP IS PALPABLE IN ORDER TO KEEP CONTROL WITHIN U.S. BORDERS, AND THUS TO PROTECT BOTH THE SYNDICATE AND THE MILITARY INDUSTRIAL ESTABLISHMENT. $$$

As preface, two points are important. First, the United States always resorts to guns, bombs, invasions, and warfare when pressured. Add weaponized viruses to the list. It has done so frequently in modern history ever since the Vietnam War, especially when profit and skimming and fraud are possible. In fact, it might soon resort to deadly virus propagation in order to limit the populist response to the criminal behavior of its leaders, and plots to decimate the Middle Class of America. Second, the entire defense weapon sector is highly likely to morph into a separate mercenary consulting syndicate subsidiary. It will be for hire to the highest bidder, ally and enemy alike, without regard to anything but profit. It could easily begin to openly prey upon the American population. The first true test will be the FEMA camps and control of riots.

Default is assured on USTreasurys, given the reckless path the USGovt is on. It continues the nationalizations, the social programs, and the wars without end. Two kinds of default must be addressed, total repudiation of the debt and forced writedown of the debt by the USGovt officials. In the latter, foreigners would be ordered (likely at the point of military pressures) to accept a huge debt balance writedown like 30% to 50%. A total repudation would involve a receivership committee taking control of the USGovt, organized from among the many major USTBond creditors. Include China, Arabs, Japanese, and Central Europeans. The Japanese have already volunteered to serve in the Tribunal Manager post, according to one connected source. They would dissolve the USGovt executive and legislative branches, since of no further authority or functional usage. That path would lead to a dictatorship by foreign tribunal with effective martial law, but a benevolent one certain to treat American workers better than the betraying corporate chieftains of recent vintage. The USMilitary would probably be charged with carrying out order and arrests like for rioting, as well as to fill the FEMA camps with aliens, virus infected, suspected terrorists, even dissidents. The US would essentially cease to exist as a nation any longer, bound together by foreign tribunals taking control over regions so as to instill order. The USEconomy would not necessarily suffer powerful damaging price inflation. Instead, like in all martial law settings, widespread restictive rationing and profound shortages would occur, like with gasoline, milk, bread, meat, and more.

The scenario of a debt writedown would be different. If a 30% writedown is coerced, then a whopping amount of debt would be forgiven. A commensurate reduction in USGovt borrowing costs would reduce the federal deficit, but a rise in interest rate would render the outcome as no different on adjusted debt servicing costs. If China owned $800 billion in USTBonds, then $240 billion would be forgiven, poof, lost to the angry Beijing leaders. The US would not be able to conduct any further USTreasury auctions afterwards. It would be forced to go public about total monetization an official policy. Weimar times would be openly adopted, with the effects striking hard, and hyper-inflation a certain outcome. My personal belief is that the USGovt is soon to suffer a domestic USMilitary Coup d'Etat. Its practical effects would be vast. The coup would keep foreigners out, eliminate their potential to take control, force the first scenario with rationing and shortages, and greatly reduce the risk of hyper-inflation. The internal coup would prevent resolution of high crimes, and enable the syndicate to go scott-free. In fact, the syndicate would order the coup itself. Yet the trade-off would be LACK of supply instead of HIGH PRICES. Either supply is provided with fast rising prices, or else supply is curtailed with maintained price levels. Either way, the USDollar would quickly disintegrate as a global reserve currency. The death of the dollar is assured with either default scenario unfolding. The loss of the USDollar reserve status will ensure gold will hit $2000 and likely considerably higher. From there, one must re-assess for the next milestone. This is a highly fluid situation. Both pathways lie within the Third World, into which the United States is to be thrust.

Some corrollary thoughts. My belief is that Obama was hired and selected as president, whose victory was pre-ordained, whose path was paved by a subservient press, to kill the USDollar and impose communism. He follows the orders of Higher Powerz. If he crosses the USMilitary and CIA over the Afghan War, they will remove him from office one way or another. He might be sent him six feet under, if an advantage is seen for that option. The practical effects would be to initiate the martial law scenario, and to divert any class civil war (rich versus poor) into a racial civil war (white versus black & latino & asian).

Another important topic is the factional divisions within the USGovt agencies, where real power lies. Numerous stories are told of factions dividing all major federal agencies and ministries, to such a degree that one might properly conclude that a civil war is well along within the government bodies. It clearly had its origin in the 911 insider attacks that killed the Republic and introduced a Fascist state. The CIA has the old school of truth and valid information pitted against new preppies devoted to narcotics business and its compromised power games for advancement. Formally, they are called Constitutionalists (devoted to the Republic) versus Loyalists (devoted to the Syndicate) respectively. Huge divisions are known within the USMilitary also, where the factions are not just in two parts.

The USMilitary is a sprawling conglomerate that has evolved over 60 years since the conclusion of World War II. For the most part nowadays, it serves itself and the Syndicate. None of Eisenhower's warnings have been heeded, as evolution has turned it into a truly vast multi-faceted crime syndicate, whose lower ranks feature soldiers unaware of the military's actual leadership or purpose. There are many factions such as the narco gangs, oil gangs, virus bioweapon gangs, banker gangs, defense contractor gangs, even arms dealer gangs. The latter two stole $2.3 trillion from defense appropriations, whose gangs have connections to some serious mafia organizations outside the United States (from allied nations). This is dangerous stuff, happening in dangerous times. An implosion and explosion of these groups is clearly in progress on the power structure side. Time will sort out the new structure, especially after the USGovt debt default occurs. My full expectation is that some morphing into private cartels comes, with the US defense establishment evolving into a mercenary organization that both builds and sells weapons. It might even supply Russia and China. The USMilitary will no longer be charged with defending either Asia or the Middle East. The two new powers of Russia and China will ably take that new commission of responsibility.

◄$$$ A WAVE OF CHANGE COMES TO THE UNITED STATES, AS PROMISED DURING THE OBAMA CAMPAIGN. IT TURNS OUT TO BE COMMUNISM EVOLVING FROM A BROKEN FINANCIAL FOUNDATION, A CRIPPLED ECONOMY, LEADING ULTIMATELY TO A FAILED STATE. FEW SEEM TO RECOGNIZE THE NEWLY HATCHED POLITBURO PANEL OF CZARS HAVING TAKEN SEATS. THEY ARE A CENTRAL PLANNING COMMITTEE WITHOUT LEGITIMATE POWERS, ONLY DICTATED POWERS. EXPECT FOR MORE SUCH POSTS WITH NEW CZARS IN RESPONSE TO FURTHER SYSTEM BREAKDOWN. $$$

Consider a recent essay written by Porter Stansbury on the evolving US Communist State. He actually overlooks the important Politburo Panel of Czars without legal standing. He wrote, "When the facts change, I change my mind. I never thought we would see the government running $2 trillion deficits, taking over health care, owning all the banks. The stock market seems to believe the government can solve all of our problems with paper money and bureaucratic mandates. My bet is, it does not work, at least, not for long. And given the choice between earning less than 1% in the bank and buying gold at $1100 per ounce, I am buying gold. Watching the government rack up debts that will be impossible to repay while narrowing the tax base (at least 50% of Americans pay zero federal income tax) at the same time is very scary. Not only has the government gone mad with spending and corruption, but it also expects about 10% of the population to pay for essentially all the costs. The math simply does not add up: 10% of the population cannot (and will not) pay for all of the costs of a socialist federal government.

This has nothing to do with traditional party politics. Both parties have grown the size and responsibilities of government. Both parties have added to the national debt. And both parties support the narrowing of the tax base... Unfortunately, we know from history this kind of political system cannot last for long, for lots of reasons. One important reason: The rich will leave. Or they will stop working. They will hide their incomes or only invest in tax-protected vehicles. And we know the political response will be tougher laws on emigration, taxation, more money printing, and eventually capital controls that make it impossible to protect yourself from a massive currency devaluation.

The trends I am talking about are cultural and fiscal, not ideological. Read the original Communist Manifesto. It is nearly identical to today's government policies. Any politician who tries to oppose the landslide of modern entitlements is immediately labeled a kook and is unelectable. Whether you think we ought to have free health care and drugs for retirees, more military spending than the rest of the world combined, a bankrupt retirement scheme based on government debt, government guarantees for the banks, does not matter to me... I can tell you this with 100% accuracy: You cannot support the world's reserve currency when you are the world's largest debtor, when you plan to finance annual deficits exceeding $2 trillion with progressive income taxes and money printing. Our economy is a charade. And when it falls apart, the consequences will be devastating."

UNITED STATES & GREAT BRITAIN ON BAD PATH

◄$$$ THE DISILLUSIONMENT IS REACHING CRITICAL MASS IN AMERICA. THE PEOPLE SEE THEIR LEADERS AS OUT OF TOUCH, PRIVILEGED, AND NOT DEMONSTRATING A CARING SENSE ABOUT THE PEOPLE. THEY SEE LEADERS AS EITHER CORRUPT OR CLUELESS. $$$ Peggy Noonan wrote in the Wall Street Journal an article entitled "We are Governed by Callous Children" (CLICK HERE). Noonan begins by saying that the disillusionment in the United States is reaching critical mass. An excerpt captures her diverse points.

"Part of the reason is that the problems (debt, spending, war) seem too big. But a larger part is that our government, from the White House through Congress and so many state and local governments, seems to be demonstrating every day that they cannot make things better. They are not offering a new path. They are only offering old paths, [as in] spend more, regulate more, tax more in an attempt to make us more healthy locally and nationally. And in the long term everyone (well, not those in government, but most everyone else) seems to know that will not work. It is not a way out. It is not a path through. And so the disheartenedness of the leadership class, of those in business, of those who have something. This week the New York Post carried a report that 1.5 million people had left high-tax New York state between 2000 and 2008, and more than a million of them from even higher-tax New York City. They took their tax dollars with them, in 2006 alone more than $4 billion.

When I see those in government, both locally and in Washington, spend and tax and come up each day with new ways to spend and tax (health care, cap and trade), I think: Why aren't they worried about the impact of what they are doing? Why do they think America is so strong it can take endless abuse? I think I know part of the answer. It is that they have never seen things go dark. They came of age during the great abundance, circa 1980-2008 (or 1950-2008, take your pick), and they do not have the habit of worry. They talk about their 'concerns' and they are big on that word. But they are not really concerned. They think America is the goose that lays the golden egg... They do not feel anxious, because they never had anything to be anxious about. They grew up in an America surrounded by phrases like 'strongest nation in the world' and 'indispensable nation' and 'unipolar power' and 'highest standard of living' [but] they are not bright enough, or serious enough, to imagine that they can damage that, hurt it, even fatally. We are governed at all levels by America's luckiest children, sons and daughters of the abundance, and they call themselves optimists but they are not optimists. They are unimaginative. They do not have faith. They have just never been foreclosed on. They are stupid and they are callous, and they do not mind it when people become disheartened. They do not even notice."

◄$$$ OBAMA FACES TWO DEADLY ENEMIES, CAUGHT IN THE MIDDLE BETWEEN THE PEOPLE AND THE PENTAGON. SOME SAY HE STANDS BETWEEN THE TALIBAN AND THE PENTAGON. OBAMA IS AT HIGH RISK, SINCE THE USMILITARY WIELDS FAR MORE IN CONTROL THROUGH THE SYNDICATE AND SECURITY ESTABLISHMENT. THE PEOPLE WANT A WAR REDUCTION AND TROOP WITHDRAWALS. THE SYNDICATE DOES NOT. $$$

See the Rolling Stone article entitled "The Generals Revolt" (CLICK HERE). Few would have expected that President Obama faces extreme risk politically from his own USMilitary if he does not provide them what they demand to continue the Afghan War. Its purpose is clouded. History foretold an unwinnable war. Victory might not be the goal, whereas narco profits are the hidden goal. The objective also might be to gain control of Pakistan after extraordinary interference in that country that might include assassination of former President Bhutto in recent years. Never lose sight of the fact that Pakistan has nuclear capability. The risk to Obama might be minor from the people and the USCongress if he does not follow through on his campaign promise to reduce the troop count and begin the withdrawal process. The subtitle says it well, as Obama rethinks America's failed strategy in Afghanistan, he faces two insurgencies: the Taliban and the Pentagon. My view is that the Taliban can be left alone, since they had nothing to do with the 911 attacks and have little interest outside their native country. The War on Terrorism is a sham facade to cover for a grand monopoly on a narcotics business, whose epicenter is Afghanistan. If Obama interferes with pursuit of the business objectives or Pakistani plans, he could quickly be removed one way or another.

◄$$$ THE UNITED STATES IS ON THE WRONG TRACK, ACCORDING TO AMERICANS. THEY ARE LATE IN AWARENESS, SINCE THIS POSITION SHOULD HAVE BEEN CLEAR LONG BEFORE 911. IT TAKES A WRETCHED ECONOMY, A BROKEN BANKING SYSTEM, WALL STREET PREDATORY ACTIONS, AND ENDLESS WAR FOR THE PEOPLE TO AWAKEN TO REALITY. $$$

Wall Street Journal/NBC News poll was conducted on October 22 through 25. The poll measured that for the first time in the Obama presidency, 52% of Americans say the US is headed down the wrong track. President Obama's job approval rating stands at 51%, unchanged from the previous two months. On remaining poll results, only the leading response is provided, since a small but sizeable middle of the road is represented as non-committal. His approval ratio for his handling the economy has dipped from 51% in September to 47% in October. Fully 58% say there is 'still a ways to go' before the economy hits bottom. They are not so easily duped by federal and banker interference, since 64%  fail to regard the improvement in the stock market as real evidence the economy is improving. Ironically, despite his inexperience, 51% of the public approves of his handling of on foreign affairs. Outrage is directed at the USCongress in public opinion. Fully 65% disapprove of the job Congress is doing.

On the political spectrum, Americans see the Democratic Party positively by a 42% to 36% margin, while the Republican Party is regarded negatively by 46% to 25%. That is just a pendulum that swings each decade or so. Appropriately, 57% say the partisan atmosphere in WashingtonDC is equally the fault of both parties. An interesting question was posed, and 49% say they would like to see a new face in their own districts. On health care, 42% say the reform plan Obama is pushing is a bad idea. On the Afghan War, Americans support a troop increase by 47%, whereas just last month they opposed it by 51%. However, when asked about specifics on troop increases, Americans oppose by 49% to 43% sending as many as 40 thousand additional soldiers as requested by General McChrystal, the head commander in Afghanistan. The public is divided at 45% each on the option of withdrawing nearly all troops and using Predator drones and Special Forces to attack al Qaeda camps. The Pakistani Govt recently gave harsh criticism to USGovt officials for drone weapon attacks, calling them 'Executions without Trial' very justifiably. Push button war is an exercise in brutality in my view. See the Politics Daily article (CLICK HERE).

◄$$$ USMILITARY RELAXES STANDARDS AS 75% OF AMERICANS ARE UNFIT  FOR ACTIVE DUTY. OTHER ETHICAL STANDARDS HAVE LONG AGO BEEN RELAXED, LIKE RESTRICTIONS FROM CRIMINAL RECORDS AND TENDENCY TOWARD VIOLENCE. ACTIVE RECRUITING AMONG URBAN GANGS IS COMMON. $$$

The latest USArmy statistics show a stunning 75% of young Americans of military age to be unqualified for military service because they are overweight, cannot pass entrance exams, have dropped out of high school, or have criminal records. The USMilitary is so concerned about the supply of able-bodied recruits between ages 17 and 24 that a group of retired military leaders calls for more investment in childhood education against the harmful effects of junk food and inadequate education. General John Shalikashvili, former chairman of the Joint Chiefs of Staff is alarmed at youth obesity. He firmly believes the rising number of youth unfit for duty is a matter of national security. Compromise abounds. Between years 2004 and 2008, the USArmy more than doubled the number of so-called conduct waivers it granted to new soldiers with criminal or misdemeanor records. The loosened standards proved necessary to fill the military service ranks. Talk centers on remedy by the USGovt like a health capital tax levied against companies that inflict harm to the people, especially those of military age. See the Sphere article (CLICK HERE). What an ironic twist if the USMilitary takes an adversarial role against the US food industry for their garbage sold to make people fat! Next they must take on the US Big Pharma industry for medicating the public into a semi-catatonic state. That will not happen!

◄$$$ BRITISH POLICE TARGET DOMESTIC EXTREMISTS. THE LISTS INCLUDE ROUTINE DEMONSTRATORS, PROTESTORS, AND CERTAIN FORMAL GROUPS, ALL OF WHOM EXERCISE THEIR LEGAL RIGHTS. $$$ British police are gathering the personal details of thousands of activists who attend political meetings and protests, and storing their data on a network of nationwide intelligence databases. Senior law enforcement officers have given such people the name of 'domestic extremists' without legal basis. Diverse types of offenses or membership qualify for the maintained list. It can include activists suspected of minor public order offenses such as peaceful demonstrations and other acts of civil disobedience. Even people's vehicles associated with protesters are being tracked via a nationwide database system. One man without any criminal record was actually stopped by the police more than 25 times in under three years after a protest marker was placed against his car when he attended a small protest against duck and pheasant shooting. The police official in command of domestic extremism, Anton Setchell, claimed people who find themselves on the databases should not worry at all. That is hardly reassuring as the Police State widens its net. See the UK Guardian article (CLICK HERE).

◄$$$ BRITISH CONFISCATION LAWS BROADEN IN AN ALARMING MANNER. THE PROGRAMS MIGHT BE MOTIVATED BY STATE INSOLVENCY IN SEARCH OF FRESH REVENUE STREAMS. $$$

The vile arm of the law has reached wider in England. Councils without police authority, never voted into office, within the security organizations, have been granted broad power to seize assets from people even for only minor criminal offenses. At issue is the extension of power to seize assets to certain councils, quangos, and agencies that operate within the British Govt. One might regard them as growing syndicate cells. Draconian police powers designed several years ago to deprive crime barons of luxury lifestyles are being extended for usage against the public, according to The London Times. The right to search homes, seize cash, freeze bank accounts, and confiscate property will be given to town hall officials and civilian investigators employed by organizations as diverse as Royal Mail, the Rural Payments Agency, and Transport for London. So now they are empowered to pursue assets of subway fare dodgers and ticket forgers, along with those in arrears on tax payments. The measure, being pushed through by Alan Johnson, the Home Secretary, has come into force.

The radical extension of the Proceeds of Crime Act, through a Statutory Instrument which is not debated by Parliament, has been condemned by the chairman of the Police Federation. Paul McKeever said that he was shocked to learn that the decision without consultation or debate was made to hand over what he called intrusive powers to people who were not police. Certain legal statutes are being fashioned as Trojan Horses to seize assets, thus bringing new revenues into government coffers in highly questionable manner. McKeever said, "The Proceeds of Crime Act is a very powerful tool in the hands of police and police related agencies, and it should not be treated lightly. There is a behind the scenes creep of powers occurring here. I think the public will be very surprised. They would want such very intrusive powers to be kept in the hands of warranted officers and other law enforcement bodies which are vetted to a very high standard rather than given to local councils. His concerns are shared by leading legal figures, who believe that there is a risk of local authorities abusing the powers to search and seize on a broad basis. The legal movement has origins in the wide-ranging confiscation powers given to police and law enforcement bodies in 2003. The intention was to seize the cash and property from drug dealers, traffickers of prostitutes and children, and money launderers. These 'Al Capone Powers' enabled law enforcement to target the homes, yachts, mansions, businesses, and luxury cars of the crime barons. The British law is akin to the US law called the RICO law, the Racketeering Influenced & Corrupt Organization law, used to seize assets from organized crime. My wish is that RICO laws are used against Wall Street to liquidate them entirely from a Citizen's Movement, and pay down the USGovt debt.

The expansion of seizure powers is part of a Home Office plan to embed financial seizure across the criminal justice system. The UK Gestapo is growing. Ministers have set a target to recover £250 million in criminal assets by 2010, rising to £1 billion per year. The goals themselves smack of planned abuse for the sake of revenue generation, much like US bank safety deposit box seizures. The official memorandum explains that the National Policing Improvement Agency will have oversight for the small legion of financial investigators associated to the empowered bodies. Incentives are built into the system, all without police supervision, seemingly without legal process for challenge. The extension of such draconian powers to civilian investigators coincides with mounting legal concern about the evolution of British law enforcement operations. DUE PROCESS IN NOWHERE. The memo exposes the vested interest for abuse, stating Investigation bodies will receive a share of money recovered as additional funding to incentivise further work in recovering the proceeds of crime. The organization rationalizes with public statements that their financial investigators will be less reliant upon the police, thus boosting the fight against crime, and even freeing up police resources. This sounds much more like a free-rein Gestapo. See the Business Times Online article (CLICK HERE). The legal practices are characteristic of Third World Nations led by Fascists, into which England is descending.

◄$$$ BIG BROTHER HAS DEEPLY ROOTED RESIDENCE IN ENGLAND. TELEPHONE AND INTERNET PATHWAYS NEXT BECOME ENTRIES IN PUBLIC DATABASES WITH NO COURT REQUIREMENTS. $$$

Every phone call, text message, email and website visit will be stored for a year as the state monitors the people. All telecoms companies and internet service providers will be required by law to keep a record of every customer's personal communications, showing who they are contacting, when, where, and which websites they are visiting. Despite widespread opposition over Britain's growing surveillance society, 653 public bodies will be given access to the confidential information, including police, local councils, the Financial Services Authority, the Ambulance Service, fire authorities, and even prison governors. They will not require the permission of a judge or a magistrate to access the information, but simply the authorization of a senior police officer or the equivalent of a deputy head of department at a local authority. DUE PROCESS IN NOWHERE.

The Home Office admitted that only a third of respondents to its six-month consultation on the issue supported its proposals, with 50% fearing that the scheme lacked sufficient safeguards to protect the highly personal data from abuse. The new law will increase the amount of personal data which can be accessed by officials through the controversial Regulation of Investigatory Powers Act (RIPA), which is supposed to be used for combatting terrorism. Objections are broad and deep throughout the public and private groups of concerned citizens, with phrases like 'Big Brother' commonly used. No matter, the fascist state continues! See the UKTelegraph article (CLICK HERE). England is the nation with the most public surveillance in the world. My view is that the trend stated with justifiable basis during times of violence by the Irish Republican Army, but the trend has gone totally out of control.

VIOLENCE BEGINS AMIDST VIRUS GENOCIDE

◄$$$ A MADOFF GUY IS FOUND DEAD IN A SWIMMING POOL. THE MURDERS CONTINUE TO COVER UP THE MASSIVE PONZI SCHEME OF FRAUD. $$$ Last December 2008 a Madoff hedge fund advisor Thierry de la Villehuchet supposedly slit his wrists in a Manhattan in a phony suicide. He even prepared a garbage basket to catch all the blood, so as not to ruin the condo carpet for the next resident. BS!! He knew too much, but he was surely distraught from his ruined reputation and heavy losses to his own investors. See the CNN article (CLICK HERE). Now a Madoff colleague is found dead at the bottom of his Florida swimming pool. He probably knew too much also. These are both likely executions to cover up the $150 billion fraud, triple the reported amount conjured up for public consumption. Billionaire Jeffry Picower is swimming with the fishes, ones that can handle chlorine anyway. He was known as a philanthropist, but investigators honed in on his ill-gotten gains as part of the scheme. The Picowers and their daughter Gabrielle allegedly gained by over $5 billion in fictitious profits, according to a complaint filed as part of federal efforts to recover money for the Madoff victims. See the Palm Beach Post article (CLICK HERE).

According to my sources, the Madoff money remains tucked away in Israeli banks where absolutely no American law enforcement or USDept Treasury officials or investigators are even bothering to look for it. The stolen funds are well protected by USGovt officials, who probably are part of the scheme. Press stories about negotiating with Madoff for the location of the funds are totally false. Worse, the USGovt and Bank of England are part of much bigger roll programs, of which the Madoff scheme is but one. He pissed some important people off, or else his crimes were too stupidly bold without covered tracks to conceal.

◄$$$ MORTGAGE RELATED VIOLENCE BLOWBACK HAS BEGUN, IN VERY EXPECTED FASHION. RAGE AMONG THE PUBLIC GROWS. $$$ Let the Alternet website tell the story. "As Foreclosure Nightmares Increase, Will More Homeowners Pay Off Their Bankers in Violence?[title] ... Anger and discontent are reaching a boil as a lethal combination of economic corruption and political collusion are deleveraged across the United States. From recent rampages in Orlando Florida, to mortgage related torture in Los Angeles, certain members of the citizenry seem to have had their fill of being manipulated for the financial gain of others, and they are firing back with force." See the Alternet article (CLICK HERE).

◄$$$ BIG PHARMA IS ACCUSED IN THE OPEN, THIS BY A RENOWNED HEALTH EXPERT. $$$ Gary Null is a world famous health expert, author, and owner of a website called 'Your Guide to Natural Living.' He goes out on a limb in a very passionate testimony about the swine flu vaccine, and the role of Big Pharma. See Part 1 (CLICK HERE), Part 2 (CLICK HERE), and Part 3 (CLICK HERE).

◄$$$ THE HEALTH CARE PROGRAM IS A BAILOUT TO INSURANCE COMPANIES, ACCORDING TO HOUSE REP KUCINICH. HE IS ANGRY ABOUT BROKEN PROMISES BY THE USCONGRESS LEADERS. WALL STREET WILL BE SOOTHED AS INDIRECT BENEFICIARY BY THE FINAL HEALTH CARE BILL. WALL STREET CONTROLS THE USCONGRESS. $$$

House Speaker Nancy Pelosi has reneged on a promise to conduct an open vote for single payer health care. Single payer health care proposals have been eliminated and blocked. The feature sponsored by Kucinich of Ohio to allow states to implement a single payer system was stripped from the final bill version. He was livid when he learned his provision to permit states to create a single payer system was stripped. He angrily accused the insurance company interests of bringing pressure to take it out. A formal statement of objection and rebuttal came from the Kucinich's office with direct explicit accusations. It stated, "The removal of the Kucinich amendment constitutes yet another capitulation to the health insurance and pharmaceutical industries, who are already reaping billions of dollars from the bill. Maybe instead of a sellout, it is a bailout. Maybe what we are looking at here is another way that Wall Street's speculative engine can be fueled, this time with the help of the premiums of tens of millions of Americans." See the News Junkie Post (CLICK HERE). The other hidden motive of the entire Health Care Plan is its order for participants to obtain a national ID card. The Powerz want to track Americans in yet more controls.

◄$$$ FINNISH MINISTER OF HEALTH SUMMARIZES THE ENTIRE STORY OF THE SWINE FLU VACCINE, THE PLAN FOR REDUCED GLOBAL POPULATION, AND EXTREME PROFITS FOR THE BIG PHARMACEUTICAL FIRMS. FINLAND HAS STEPPED AWAY FROM THE GENOCIDE PLAN. $$$

The Finnish health minister Rauni Kilde speaks clearly and passionately about the swine flu vaccine. The 7-minute video is worth your time. She mentioned preparation for the vaccine with modified food in the United States for years. Basically, Big Pharma (not just US but Swiss also) plans to make the public very sick. The Big Pharma goal is to reduce the global population by as much as two thirds, or 5 billion people, but the Bilderbergers are evenly split on acceptance of the Kissinger Genocide Plan. The vile diabolical throng met in Athens for their annual conference. She explained the greater danger is not the vaccine so much as the contents of the injection, which are loaded with chemicals designed to destroy your body neurology (nervous and immune system). The primary target is women and children for death, who produce the next generation. That explains why the media networks stress the highest risk is women and children, and the need for their vaccination. The media is engaged in a global scare program in order to motivate vaccination. Big Pharma is set to profit in the billion$ with the genocide plan and forced government vaccinations, with Donal Rumsfeld a key figure. He is formerly president of Gilead Labs, who with Swiss Roche worked to develop the specialized virus, but later went to serve as Defense Secy for the USGovt.

The legal system has been altered so that the Big Pharma firms do not suffer legal action in victim compensation, like in 1976. The stage has been set, as the World Health Org in 1998 was given legal authority to order vaccinations during a pandemic. Despite only moderate numbers of cases, the WHO has just declared a global pandemic improperly and without justification. Kilde does not believe their global vaccine contamination plan will work. (NEITHER DOES THE JACKASS). Recently, the Finnish Govt removed swine flu as a serious disease threat, thereby eliminating the order for forced injections or vaccination. See the Underground Video UK (CLICK HERE). Thanks to a European contact for sharing the link. By the way, the syndicate in control of the USGovt and USMilitary is deeply complicit with the Kissinger Genocide Plan. In 2004, they diverted $2.3 billion from the Iraqi Reconstruction Fund and sent it to the Kissinger group, without the approval of the USCongress. The syndicate ordered the payment.

◄$$$ SWEDISH NURSES HAVE BECOME SICK FROM SWINE FLU VACCINES. THEIR STORIES ALL SOUND SIMILAR, WITH FEVER, WEAKNESS, AND SEVERE ARM DEBILITATION. THE PUBLICITY OF THE NATIONWIDE HARMFUL REACTION MIGHT HALT THE BROADER VACCINATION PUSHED BY BIG PHARMA. SOON THE NURSES WILL REALIZE THEY WERE GIVEN THE GUILLAIN-BARRE SYNDROME, FULLY FORECASTED BY THE HAT TRICK LETTER. $$$

Nurses from Sweden are becoming seriously sick from the swine flu vaccine. The story broke on October 21st, when 140 people experienced such severe side effects that went to a hospital. The number was 30 people the day before. The Swedish newspaper Expressen was the first to report the outbreak. They claim the biggest medical scandal in the history of Sweden has begun. Annika Linde, director of The Swedish Institute for Infectious Disease Control (SMI), said "It is obvious so that the vaccine against the swine flu results in more side effects than the normal flu vaccines. That is because the swine flu vaccine contains adjuvants, shark liver oil, which triggers the immune defense to respond." The director tells only half the story, the other half suppressed by her organization. Thousands of Swedes have been vaccinated so far and the reports of side effects are 'flooding in' to the disease center. In time, the Swedish nurses will come to learn the vaccine was laced with agents that led to the immediate neurological disorder known as Guillain-Barre syndrome.

Several severe cases of acute response and allergic reactions have been reported. Nurse Lotta Lindstram took the swine flu shot, and later contracted a high fever and shivers. She said "I was shaking in my whole body. It was so severe that I could not even hold a glass of water in my hand. I am now thinking about what it is I have been injected with. I really was affected. It feels really unpleasant." Maria Strindlund is not so sure she made the right choice to take the shot. She also contracted a severe fever and shivering reaction. She said, "Since I work as a nurse, I decided it was the best thing to do. I got a extreme pain in my arm. I could no longer lift it. I was lying in bed shivering and was feeling very cold and stood in a hot shower to get warm." She claims many colleguse who also took the vaccine have had similar reactons. Rebecka Andersson was the first person to get the shot in Sweden. She became feverish and felt sick to her stomach from the shot. She said, "I lost all energy. I am normally never sick, so I understood it must be the vaccine." Five out of 19 classmates also got sick from the swine flu vaccine. Nurse Lotta Lindstram claims one week after she took the shot she was still not well, the fever arriving the next day with headaches. She said, "It feels very worrying. I did not sleep anything the night after the shot since the pain in my arm was so severe." Another nurse Jennely could hardly walk after she got sick from the vaccination. She was completely healthy when she got the shot but the day after she had a fever. She said, "I could hardly walk the five meters I had to the bathroom. I know of at least ten [colleagues] that got the fever. We are about 80 people at my workplace." Pass the word that the vaccine is poison, and the governments are lying, part of the plot!!

◄$$$ AMERICANS ARE SHOWING HARMFUL SIDE EFFECTS TO THE SWINE FLU VACCINE ALSO, AND AUTHORITIES ARE LYING THROUGH THEIR TEETH ABOUT SIDE EFFECTS. REFER TO GUILLAIN-BARRE SYNDROME, A NEUROLOGICAL DISORDER, THE DISORDER THAT WAS THE CENTER OF THE 1976 FAILED USGOVT VACCINATION DEBACLE. $$$

A 14-year old Virginia high school student named Jordan McFarland was hospitalized after he developed Guillain-Barre Syndrome, a rare muscle neurological disorder disease within hours of being vaccinated against swine flu. Its traits are severe headaches, muscle spasms, and weakness in arms or legs. The press report states that only a handful of cases of the syndrome have been reported in relation to the vaccine, probably because the vaccination process has only begun. Here is the BIG LIE. An official from the Centers for Disease Control & Prevention in Atlanta said there was no clear link between the vaccine and the GB Syndrome. The connection has been well established by the disastrous 1976 nationwide vaccination for swine flu, using the same laced vaccine and same controversial trigger mechanisms. In fact, the USGovt paid huge lawsuit settlements after causality of the same Guillain-Barre Syndrome from the vaccine was demonstrated. BIG LIE!!! See the AOL news article (CLICK HERE).

◄$$$ WORLD HEALTH ORG (W.H.O.) LAID OUT THE WEAPONIZATION OF VACCINES BACK IN 1972, BUT FEW PAID HEED. NOW THEY DO. OLD DOCUMENTS PAINT A TRAIL OF CONSPIRACY TO THE LEADING GLOBAL HEALTH AGENCY, WHICH IS WORKING CLOSELY WITH BIG PHARMA, FULLY CORRUPTED IN JOINT EFFORTS. $$$

The WHO documents from 1972 explain how to turn vaccines into a means of mass killing. The initiative was taken by the USArmy Bioweapons Lab in Fort Dietrich Maryland, which works closely with the Big Pharma firms, the Centers for Disease Control (CDC), and other agencies to design and produce the killer viruses. Ironically, the effort to produce a stronger vaccine runs parallel to produce a more powerful killer virus. The February incident where Baxter Labs of Austria 'accidentally' sent active viruses loaded within vaccines to several nations exposed the prima facie of the Genocide Program. Two key memorandums from WHO, discovered by Patrick Jordan, prove the organization has intentionally created the killer vaccine in three steps. The US population and other countries are on course to proceed on a path to take the three steps.

Reference the 1972 WHO Bulletin 47, No 2 Memordanda #1 and #2 Virus-associated immunopathology. Animal models and implications for human disease technically outline the ability to create biological weapons in the form of vaccines that:

  • First totally disable the Immune System
  • Load every cell of the Victims body up with Infection
  • Switch the Immune System on causing the host to kill itself in a Cytokine Storm.

These official WHO Memorandums describe the three-stage impact of the three shots to allegedly treat a virus that WHO also helped create and release. This is a crucial piece of evidence of WHO's long-term genocidal motives that could stand in any court of law. The challenge is to find a court with jurisdiction or power! These memorandums give the best and fullest explanation of WHO and current activities at affiliated labs (such as the CDC in Atlanta), such as their patenting of the most lethal bird flu viruses, their sending that virus to Baxter's subsidiary in Austria, and cooperation with major pharmaceutical firms. The Baxter dissemination of a supposed vaccine and its distribution of 72 kilos to 16 laboratories in four countries almost triggering a global pandemic, but with zero legal prosecution. The WHO memorandums provide the evidence that deliberate, long-term planning to kill people by weakening their immune system from the first vaccine, injecting a live virus into their body by a second, and creating a cytokine storm using squalene in a third. See the WHO Memoranda (CLICK HERE) and the Fight Back article on the entire story (CLICK HERE).

◄$$$ UKRAINE SUFFERS A DEADLY OUTBREAK OF PNEUMONIC FLU. IT COULD BE NATURAL, BUT NOT LIKELY IN MY VIEW. UKRAINE ATTEMPTED TO SERVE AS A U.S. PUPPET ZONE, BUT THE RUSSIANS RETRIEVED IT BACK TO THE FOLD. NOW UKRAINE FINDS ITSELF CAUGHT IN THE MIDDLE BETWEEN TWO GIANTS IN A NEW COLD WAR. THE VIRUS COULD BE THE RESULT OF TARGETED BIOWEAPON ATTACKS. TIME MIGHT REVEAL THE TRUTH, MAYBE NOT. $$$

A hemorrhagic pneumonic influenza has hit Ukraine, resulting in a plague. At an early stage, almost one million are sick and almost 100 confirmed deaths in Ukraine have occurred. Theirs is a distinctly different type of viral infection from the rest of the world and the United States. In 6 days 500 thousand people have been infected, resulting in 93 confirmed deaths. However, the rapid spread of H1N1 swine flu virus in Ukraine together with the high frequency of hemorrhagic pneumonia cases raise concerns that potentially a mutation could have occurred to a more virulent virus. Mutation agents are part of the vaccination process, but Ukraine has not been vaccinated widely. Medical professionals report the rapid spread of the virus might be enabled by a small change in a specific gene, one that controls entry of the virus to cells and influences tissue tropism. Since the moment the epidemic started to spread, and up to a recent day, over 871 thousand people have been diagnosed with influenza and other respiratory viral infections. Almost 40 thousand of these people had been hospitalized, including 317 in intensive care. Importantly, the plague or virus in the Ukraine has 10 times the mortality rate than the normal swine flu!! Furthermore, the rapid spread of H1N1 swine flu in Bulgaria raises concerns that there will be a dramatic increases in cases and deaths in the region. Spikes in deaths have already been reported in Turkey and Italy, although far fewer than in Ukraine. See updated reports on the Ukraine Plague Weblog (CLICK HERE).

◄$$$ RARE DISEASES HAVE JUST BEEN FOUND IN PAKISTAN & AFGHANISTAN. $$$ USMilitary troops have been exposed to a rare virus, of high virulence with high death rates. The disease called Crimean-Congo hemorrhagic fever was first reported in the Crimea in 1944, then in the Congo in 1956, according to the World Health Organization. An outbreak was reported eight years ago in Quetta, the capital of Baluchistan province inside Pakistan, which lies at the border of Afghanistan. Some wonder if a related disease has struck the region. US soldiers in Afghanistan not only have to worry about the Taliban resistance from an invasion of their land, but also a host of microbes not indigenous to the West. The See the Washington Times article (CLICK HERE).

One must ask the logical question, given the bioweapons capability, of whether the disease is natural or an example of biological warfare. Afghanistan has long been the site of many serious unusual microbe diseases. This is apparently a rare diseases which is a combination of naturally occurring and laboratory developed, according to an informed source. One subscriber with British Military contacts inquired for information from a man who has direct experience in the zone affected. He wrote a note passed onto me from a military analyst, described as a top expert on these issue. It read "This is bad juju. It kills 30% of those infected and is passed via tick bites, or blood infected with the virus."

◄$$$ PERSONAL STORY FROM A FRIEND. HE HAS LONG ADVOCATED FIGHTING AGAINST SPECIALIZED VIRUSES WITH BASIC VITAMIN-D. HIS RECENT EXPERIENCE TESTIFIES TO THE VITAMIN EFFECTIVENESS. $$$

A friend Aaron from Atlanta wrote last week of a personal experience. Aaron cared for a very sick girlfriend, loaded up with Vitamin-D beforehand, and did not contract any illness. He shared his story, so that others might learn of the power of simple vitamins, and ignore the propaganda laced with self-serving motives by giant pharamaceutical firms. They wish to sell their flu treatments like Tamiflu, which are of minimal effectiveness. My friend wrote, "Last week I spent most of the week visiting my girlfriend. She felt she was getting sick in the few days before I arrived, and unfortunately her condition just worsened. It seemed to be a bad cold or a mild flu. I am no expert diagnostician, but her father is a doctor and thought it might have been H1N1 (swine flu). She works in a big office and if H1N1 or any other flu was going around in the general WashingtonDC region, she would likely be exposed to it. Whatever the virus, I was not going to let it stop me from visiting her and taking care of her. And I figured it would be another good instance to test out the Vitamin D-3 hypothesis. So I loaded up a bunch of 2000 IU (international units) D-3 pills and hopped on a plane. I took about 20,000 IUs of D-3 per day while I was there. The short of the story is: it worked! I was basically shut in with her for five days and did not even come close to getting sick. Actually, the only time I felt I might have been getting a little sick was the last two days, when I started running out of D-3 pills. Actually, I did not bring quite enough. I felt a little irritation in my throat, the sort that sometimes precedes falling ill with a virus. But when I got back to Atlanta, I just tanked up on D-3 again, and it went away. Conversely, my girlfriend would NOT take therapeutic doses of either D-3 or Vitamin C, and she is only now getting over the virus, after more than a week and a half. The amounts she took would be what you would expect for a normal daily vitamin intake, not an extra load for prevention. At this point I am quite convinced that D-3 is one of the most reliable remedies and immune boosters out there. There is very little that has such a consistent and thorough reaction, in my experience. I just might never get a cold or flu again ;)"

A wise contact, with diverse experience in many important fields of life, replied to my friend, "Aaron, you are absolutely correct. I recommend a Vitamin-D spray product. It is comparatively cheap and it is one of the most effective ways to stay healthy and ahead of all the hype."