Archive for the ‘BIS’ Category

The Eurozone Crisis: What we should do?….

Posted on 2012 07, 13 by rockingjude

Posted on 13 July 2012 by Cameron Rae

We are in the midst of one of the most complex and potentially devastating economic crises in European history. Having been going on for over two years now, reading and writing about it seems a tired conquest; and yet, there is little else as economically important as the continuing saga of the Eurozone crises. Every new development provides a glimpse of a myriad of different futures – it’s political quantum mechanics.

The fall of Sarkozy proved to be a game-changing event, breaking up the Franco-German austerity alliance. It’s impacted Merkel’s ability to impose strict controls on failing economies seeking bailouts and has tipped the balance in favour of large, struggling powerhouses like Italy and Spain who favour austerity, but on their own terms. At times a Greek exit looks inevitable.

~HERMANN GOERING…CONTROL THE SECRET AGENDA…

Posted on 2012 04, 17 by rockingjude

WWI, WWII, & WWIII

~VOICE OR NO VOICE THE PEOPLE CAN ALWAY BE BROUGHT TO THE BIDDING OF THE LEADERS.THAT IS EASY…ALL YOU HAVE TO DO IS TELL THEM THAT THEY ARE BEING ATTACKED, AND DENOUNCE THEM FOR THEIR LACK OF PATRIOTISM AND EXPOSING THE COUNTRY TO DANGER..IT WORKS THE SAME WAY IN ANY COUNTRY

~HERMANN GOERING

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(COMPLETE VERSION) [illuminati card game] The Arab Revolution planned by the Illuminatis…

Posted on 2012 03, 12 by rockingjude

~I *think* I have all the cards now if anyone wants to discuss them~jude

The Illuminati Card Game:

New World Order has been released by Steve Jackson in 1995. It contains a huge number of all the aspects of the Illuminatis plan, past, present and future. This game has been released by the illuminatis themselves and is to taunt us and to show us that they (the World Government/the illuminatis) control our lifes like we control our characters in our role games.

One more proof that exposes that the on-going Arab Revolution has been orchestrated for long and is meant to reach all the Arab World and to trigger a war with Israel which will turn in a WW3, is exposed by the illuminati card game.

There are 2 illuminatis cards which are related:

The first one is labeled “dictatorship” and shows a picture of the stereotype of the arab regime.

The second illuminati card is labeled “Revolution” and show the same picture but with riots and revolutions.

The note written above says: “The rebels…they have outside support! They have photocopiers”

The Arab Revolution is indeed sponsored by the World Government and their puppets: The major governments, the major mainstream media, the major social networks are at the service of the Arab Revolution.

“They have photcopiers” is for Facebook (Facebook did not exist in 1995), it means that the revolution will be organized through a kind of social network, in this case: facebook.

Several sources have reported that a huge number of fake youtube accounts have been created during the arab revolution in the arab countries affected by riots, the goal is to give the impression that the people’s uprising was through a genuine popular facebook movement, which is not true. The illuminatis agents have organized the movement throught facebook, Youtube and internet…

Another illuminati card labeled “France” says that France can attack any country on the name of freedom, which was the case with the military intervention in Lybia, France is leading the current military intervention against the regime of khaddafi.

Another illuminati card labeled “UN” says that the UN can be used to attack any country, it’s indeed the UN which is totaly under the control of the illuminatis which has give legtimity to this military intervention.

I am not defending the dictators, they have what they deserve, I am just exposing that this revolutionnary arab movement is not genuine and has been totaly staged in order to bring the Middle East war which will oppose Israel to the arab nations and which will trigger WW3.

The illuminatis need WW3 in order to enter the New World Order.

This move will bring to the people an illusion of freedom, each person will be able to choose his own destiny: to obey Allah Alone and his Quran or to follow the perdition of the New World Order, the Reign of the Dajjal Maitreya Raj Patel.

Laicity, Interfaith, New Age, the Organized Religions,…and all the others sects are not the Religion of God, the religion of God is to have a direct true relationship with Allah/God on the basis of his holy books: Torah, Bible and the Quran prevails.

http://www.youtube.com/watch?v=Q5YzHKbBKB4&feature=related

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THE REAL ISSUE IS HOW YOU THINK AND FEEL

Posted on 2012 02, 09 by rockingjude

 

According to insiders, official ‘government’ Disclosure is now underway — and the real story behind the alleged Bin Laden incident was shockingly different than what I expected to hear. The overall news is extremely positive, though we may have to endure further disruptive events to get there.

[Major Update Sunday, May 8th, 9AM PST -- New end section added regarding Bin Laden issue.]

WE LIKE IT WHEN THE MAGIC WORKS

In the last week of March, insiders from two different groups — the European Rothschild faction and others affiliated with the Obama administration — independently told me that major new developments towards a formal, official “government” Disclosure were imminent.

I was not told exactly what these developments would be — only that it would be a significant step forward.

Of course, if an official announcement does finally happen, it will be the most significant event in recorded human history. This obviously makes it a fantastic opportunity to explore — both as a journalist as well as a spiritual seeker.

Obama and Geithner: Government, Enron-Style….MATT TAIBBI~ xo

Posted on 2012 01, 13 by rockingjude

Taibbi: Obama And Geithner Are Acting Like Lehman Executives Before The Crash

Strongly recommend this piece at theHuffington Post by Jeff Connaughton, a former aide to Senator Ted Kaufman. Jeff is one of the smartest guys on the Hill and is particularly strong on issues surrounding Wall Street and the regulatory system. In this piece, he takes apart the oft-stated mantra that what Wall Street firms did during and after the crisis was maybe unethical, but not illegal.

He takes particular aim at Barack Obama, who recently tossed that line out on 60 Minutes in what I thought was one of the real low moments of his presidency. Here’s Jeff’s take:

Speaking in Kansas on December 6, [Obama] said, “Too often, we’ve seen Wall Street firms violating major anti-fraud laws because the penalties are too weak and there’s no price for being a repeat offender.” Just five days later on 60 Minutes, he said, “Some of the least ethical behavior on Wall Street wasn’t illegal.” Which is it? Have there been no prosecutions because Wall Street acted legally (albeit unethically)? Or did Wall Street repeatedly violate major anti-fraud laws (and should thus find itself in the dock)?

The President is confusing “legal” with “difficult to prosecute successfully.”

The notion that what Wall Street firms did was merely unethical and not illegal is not just mistaken but preposterous: most everyone who works in the financial services industry understands that fraud right now is not just pervasive but epidemic, with many of the biggest banks committing entire departments to the routine commission of fraud and perjury – every single one of the major banks, for instance, devotes significant manpower to robosigning affidavits for foreclosures and credit card judgments, acts which are openly and inarguably criminal.

Banks and hedge funds routinely withhold derogatory information about the instruments they sell, they routinely trade on insider information or ahead of their own clients’ orders, and corrupt accounting is so rampant now that industry analysts have begun to figure in estimated levels of fraud in their examinations of the public disclosures of major financial companies.

Beyond that, as Jeff points out, Obama is simply not telling the truth about the supposedly insufficient penalties available to regulators. Employing the famous “mistakes were made” use of the passive tense, Obama copped out in his December 6 speech by saying that “penalties are too weak.” As Jeff points out, what Obama should have said is that “the penalties my own regulators chose to dish out were too weak”:

Moreover, the President is misleading us when he says that Wall Street firms violate anti-fraud law because the penalties are too weak. Repeat financial fraudsters don’t pay relatively paltry — and therefore painless — penalties because of statutory caps on such penalties. Rather, regulatory officials, appointed by Obama, negotiated these comparatively trifling fines. This week, the F.D.I.C. settled a suit against Washington Mutual officials for just $64 million, an amount that will be covered mostly by insurance policies WaMu took out on behalf of executives, who themselves will pay just $400,000. And recently a federal judge rejected the S.E.C.’s latest settlement with Citigroup, an action even the Wall Street Journal called “a rebuke of the cozy relationship between regulators and the regulated that too often leaves justice as an orphan.”

What makes Obama’s statements so dangerous is that they suggest an ongoing strategy of covering up the Wall Street crimewave. There is ample evidence out there that the Obama administration has eased up on prosecutions of Wall Street as part of a conscious strategy to prevent a collapse of confidence in our financial system, with the expected 50-state foreclosure settlement being the landmark effort in the cover-up, intended mainly to bury a generation of fraud. Here’s how Jeff puts it:

In Ron Suskind’s book, Confidence Men, he quotes Treasury Secretary Timothy Geithner as saying, “The confidence in the system is so fragile still… a disclosure of a fraud… could result in a run, just like Lehman.” The Obama Administration is pushinghard for a 50-state settlement with the major banks for their fraudulent foreclosure practices, even though several state attorneys general have rejected this approach because, in their view, it would shield too much wrongdoing. Regrettably, Obama’s top officials and lawyers seem more eager to restore the financial sector to health than establish criminal accountability among the executives who were in charge.

In other words, Geithner and Obama are behaving like Lehman executives before the crash of Lehman, not disclosing the full extent of the internal problem in order to keep investors from fleeing and creditors from calling in their chits. It’s worth noting that this kind of behavior – knowingly hiding the derogatory truth from the outside world in order to prevent a run on the bank – is, itself, fraud!

This is exactly the mindset that led Lehman to the abuses of the ”Repo 105″ accounting trick, in which loans were disguised as revenues in order to prevent the outside world from knowing the dire state of the bank’s balance sheet.

Now Obama and Geithner are engaged in the same sort of activity, only they’re trying to prevent a run not on an individual bank, but the entire American financial services sector. Geithner seems really to believe that if fraud were aggressively policed, and the world made aware of the incredible extent of the illegality in our markets, that international confidence in the American financial sector would plummet and our economy would suffer – and suffer, incidentally, on Barack Obama’s watch.

Better, apparently, the Band-Aid the problem now, and let the real mess happen later on, on someone else’s watch, or at least in a second term, when there’s no need to worry about re-election.

Of course, this is exactly the wrong way to go about things. If Geithner and Obama really wanted to convince the world that America’s markets weren’t broken, they would effectively police fraud, and by extension prove to everybody that at the very least, our regulatory system is not broken.

But by taking a dive on fraud, and orchestrating mass cover-ups like the coming foreclosure settlement fiasco, what they’re doing instead is signaling to the world that not only are our financial markets corrupt, but our government is broken as well.

The problem with companies like Lehman and Enron is that their executives always think they can paper over illegalities by committing more crimes, when in fact all they’re usually doing is snowballing the problem so completely out of control that there’s no longer any chance of fixing things, thereby killing the only chance for survival they ever had.

This is exactly what Obama and Geithner are doing now. By continually lying about the extent of the country’s corruption problems, they’re adding fraud to fraud and raising such a great bonfire of lies that they probably won’t ever be able to fix the underlying mess.

If they looked at the world like public servants, and not like corporate executives, they’d understand that the only way out is to come clean. That they don’t look at things that way should tell people quite a lot.

http://www.rollingstone.com/politics/blogs/taibblog/obama-and-geithner-government-enron-style-20111220#ixzz1hCJtsRzA

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Atlas Shrugged…awhile ago…

Posted on 2011 10, 27 by rockingjude
Atlas sculpture, New York City, by sculptor Le...

Image via Wikipedia

 

When you see that in order to produce, you need to obtain permission from men who produce nothing; when you see that money is flowing to those who deal not in goods, but in favors; when you see that men get rich more easily by graft than by work, and your laws no longer protect you against them, but protect them against you. . . you may know that your society is doomed.

Ayn Rand in ‘Atlas Shrugged’

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BIS warns low rates may create “financial distortions”..like..having money?…

Posted on 2011 06, 27 by rockingjude

seeker401 | June 28, 2011 at 8:37 am | Categories: World FinancesWorld News | URL: http://wp.me/psFpA-6DW TY ;)

http://www.bbc.co.uk/news/business-13922857

The Bank for International Settlements (BIS) has warned that low interest rates across the globe are a threat to world financial stability.

The BIS warned low cost of borrowing had resulted in a credit and property price boom that was fuelling inflation, especially in emerging economies.

Central banks across the globe have cut interest rates in an attempt to boost growth after the 2008 financial crisis.

However, BIS warned that the policy may prove to be counterproductive.

“The prolonged period of very low interest rates entails the risk of creating serious financial distortions, misallocations of resources and delay in the necessary deleveraging in those advanced countries most affected by the crisis,” the bank said.

While lose monetary policies and availability of easy credit have triggered growth, there has been a flip side to it as well.

Emerging economies, especially in Asia, have had to deal with rising prices for food and other essential commodities.

This has pushed up the cost of living and has threatened to derail growth in many developing nations.

The BIS warned that the central banks needed to change their policies in order to deal with the situation.

“Tighter global monetary policy is needed in order to contain inflation pressures and ward off financial stability risks,” it said.

“It is also crucial if central banks are to preserve their hard-won inflation fighting credibility,” the bank added.

———-

this is absolute crap..the BIS is working on the premise of a huge recovery hitting the world in the next 2 years..yeah..fairies at the bottom of the garden stuff..but when the BIS speak governments act..cant have the plebs with money due to low interest rates..lets screw them over..uh huh..

“low interest rates across the globe are a threat to world financial stability.”

401

Related articles

  • Interest rates must rise worldwide, says BIS (europebiz.wordpress.com)
  • QE3? Don’t even think about it, says BIS (olafstorbeck.com)
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Political Ponerology: Psychopathic Elite & ‘Evil’…

Posted on 2010 11, 30 by rockingjude
Gustave Doré, Depiction of Satan, the antagoni...

Please see my notes below as I agree on  the subject but not the one sided slant~ ~jude


Tue Apr 01st 2008, 10:22 PM

http://journals.democraticunderground.com/Time%20for%20change/294

“Many people believe that man is evolving; society is evolving; and that we now have control over the arbitrary evil of our environment; or at least we will have it after George Bush and his Neocons have about 25 years to fight the endless War against Terror” – Laura Knight-Jadczyk, from the Editor’s Preface to “Political Ponerology – A Science on the Nature of Evil Adjusted for Political Purposes” by Andrew M. Lobaczewski

For all of my life, one of my greatest interests has been to understand the nature of human evil. And I have always believed that it is one of the most important subjects that mankind needs to understand. So thank you to fellow DUer Larry Ogg for referring me to Lobaczewski’s book on Political Ponerology (and for your ideas on how to present this information).

Laura Knight-Jadczyk, in her Editor’s Preface to “Political Ponerology”, puts today’s world in perspective:

At the social level, hatred, envy, greed and strife multiply exponentially. Crime increases faster than the population. Combined with wars, insurrections and political purges, multiplied millions across the globe are without adequate food or shelter due to political actions… The totality of human suffering is a dreadful thing…

The woeful status of today’s world, as depicted in that brief but cogent summary, is due to human evil more than it is due to any other factor. Furthermore, humanity’s historical record in dealing with human evil has been abysmal.

New Eugenics and the Rise of the Global Scientific Dictatorship The Technological Revolution and the Future of Freedom…8/2010

Posted on 2010 08, 18 by rockingjude

This may well be one of the most important things you read this year concerning the human condition, the past, present & future~ 2/23/2012
~jude

By Andrew Gavin Marshall: Global Research

This is the third and final part of the series, “The Technological Revolution and the Future of Freedom.” Part 1: The Global Political Awakening and the New World Order Part 2: Revolution and Repression in America

English: human mind for performance psychology...

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Introduction

We are in the midst of the most explosive development in all of human history. Humanity is experiencing a simultaneously opposing and conflicting geopolitical transition, the likes of which has never before been anticipated or experienced. Historically, the story of humanity has been the struggle between the free-thinking individual and structures of power controlled by elites that seek to dominate land, resources and people. The greatest threat to elites at any time – historically and presently – is an awakened, critically thinking and politically stimulated populace. This threat has manifested itself throughout history, in different places and at different times. Ideas of freedom, democracy, civil and human rights, liberty and equality have emerged in reaction and opposition to power structures and elite systems of control.

  

Wall Street makes ‘luxurious’ profits from trades with Fed… 8/3/09…

Posted on 2009 08, 03 by rockingjude

By Henny Sender

Financial Times,London

Monday,August 2, 2009

NEW YORK — Wall Street banks are reaping outsized profits by trading with theFederal Reserve, raising questions about whether the central bank is driving hard enough bargains in its dealings with private-sector counterparties, officials and industry executives say.

The Fed has emerged as one of Wall Street’s biggest customers during the financial crisis, buying massive amounts of securities to help stabilise the markets. In some cases, such as the market for mortgage-backed securities, the Fed buys more bonds than any other party.

However, the Fed is not a typical market player. In the interests of transparency, it often announces its intention to buy particular securities in advance. A former Fed official said this strategy enables banks to sell these securities to the Fed at an inflated price.


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