“The Fed is playing a very dangerous game,” Starwood Capital’s Barry Sternlicht warns,”and they need to stop.” Sternlicht has quadrupled his firm’s net worth in this time and, to the incredulity of the CNBC anchors, warns, “this is bad, this is a heroine addiction.. and now they are printing more money than the deficit.” The outspoken CEO of the $29 billion fund, noted “all my friends who are money managers.. are much closer to the sell button than they ever were before,” adding that “everyone’s holding cash,” since if they start to get nervous “volatility will come back instantly.” Simply put, he concludes, “you know when this ends, it’s gonna get ugly.”
On Fed QE and investors’ heroin addiction:
“they should knock this off. This is bad. This is a heroin addiction. The more you get on it, the worse it’s going to get; the more asset values inflate.”
Submitted by Tyler Durden on 11/01/2013 12:09 -0400 When even Bank of America’s Michael Hartnett has a note titled “It’s getting frothy, man“, and joins such other bubble-warners as JPM, Bill Gross, Larry Fink, and David Einhorn, one can be absolutely positive that the Fed will do… absolutely nothing. From Bank of America:
It’s Getting Frothy, Man!Equity funds: 3rd straight week of big inflows ($12.4bn); YTD, equities have seen $231bn inflows versus a mere $16bn inflows to bond funds (Chart 1)
Global Flow Trading Rule: another $8-9bn of inflows to long-only equity funds over next 2 weeks would trigger a contrarian “sell” signal (Chart 2). Bullish investor flows dovetails with our Bull & Bear Index, which is on course to trigger a cautionary riskoff signal in mid-November Crowded trades: this week investors continue to funnel money into Europe, Japan, HY and Floating-rate debt
A wave of speculative activity is sweeping major markets.
The uncertainty regarding the shutdown and “debt default” constitutes a golden opportunity for “institutional speculators”. Those who have reliable “inside information” regarding the complex outcome of the legislative process are slated to make billions of dollars in windfall gains.
While Wall Street exerts a decisive influence on policy and legislation pertaining to the government shutdown, these same major financial institutions also control the movement of currency markets, commodity and stock markets through large scale operations in derivative trade.
Most of the key actors in the US Congress and the Senate involved in the shutdown debate are controlled by powerful corporate lobby groups acting directly or indirectly on behalf of Wall Street. Major interests on Wall Street are not only in a position to influence the results of the Congressional process, they also have “inside information” or prior knowledge of the chronology and outcome of the government shutdown impasse.
They are slated to make billions of dollars in windfall profits in speculative activities which are “secure” assuming that they are in a position to exert their influence on relevant policy outcomes.
It should be noted, however, that there are important divisions both within the US Congress as well as within the financial establishment. The latter are marked by the confrontation and rivalry of major banking conglomerates.
These divisions will have an impact on speculative movements and counter movements in the stock, money and commodity markets. What we are dealing with is “financial warfare”. The latter is by no means limited to Wall Street, Chinese, Russian and Japanese financial institutions (among others) will also be involved in the speculative endgame.
Speculative movements based on inside information, therefore, could potentially go in different directions. What market outcomes are being sought by rival banking institutions? Having inside information on the actions of major banking competitors is an important element in the waging of major speculative operations.
US$ dollars have been flooding the financial markets ever since Bernanke launched quantitative easing allegedly to turnaround the US economy. These huge amounts of US$ toilet paper are mainly in financial markets (and in central banks) outside of the United States. A huge chunk is represented as reserves in central banks led by China and Japan.
If truth be told, the real value of the US$ would not be more than a dime and I am being really generous here, as even toilet paper has a value.
That the US dollar is still accepted in the financial markets (specifically by central banks) has nothing to do with it being a reserve currency, but rather that the US$ is backed/supported by the armed might and nuclear blackmail of the US Military-Industrial Complex. The nuclear blackmail of Iran is the best example following Iran’s decision to trade her crude in other currencies and gold instead of the US$ toilet paper.
If the United States were not a military threat and a global bully that can blackmail with impunity the oil exporting countries in the Middle East, the global financial system which hinges on the US$ toilet paper would have collapsed a long time ago.
The issue is why has the US$ not collapsed as it should have by now?
When we apply common sense and logic to the state of affairs, the answer is so simple and it is staring at you.
But, you have not been able to see the obvious because the global mass media, specifically the global financial mass media controlled mainly from London and New York, has created a smokescreen to hide the truth from you.
Let’s analyse the situation in a step by step manner, and apply common sense.
1. The US is the world’s biggest debtor. The biggest creditors are China and Japan, followed by the oil exporting countries in the Middle East. With each passing day, the value of the US$ toilet paper is worth less and less. Like I said earlier, even toilet paper has some intrinsic value. It reaches zero value when everyone has to carry a wheelbarrow of US$ to purchase anything.
2. For the US$ toilet paper creditors, they cannot admit the fact that they have been conned by the global Too Big To Fail Banks (TBTFs) acting in concert with the FED and the Bank of England to accept US$ toilet papers. The central bankers of these countries have a reputation to preserve (not that there is in fact any reputation, for their so-called financial credibility is also part of the scam) and the political leaders that relied on them is in a bigger bind. How can the political leaders be so very stupid to trust these central bankers (who have stashed away in foreign tax havens huge US$ toilet papers as a reward for their complicity). This is the current state of affairs in plain English. They are having sleepless nights worrying if and when the citizens would wise up to this biggest con in history i.e. the promotion and acceptance of fiat currencies, the US$ being the ultimate fiat currency.
JPMorgan Chase lawyers have demanded that Bloomberg hand over five years of internal staff logs, in another sign of disquiet among financial firms over the extent of a snooping scandal at the market data vendor.
News of the probe is another blow for Bloomberg after it confirmed earlier this week that journalists at the firm had monitored page views and log-ins by traders using its desktop data terminals.
“Our legal department sent a formal request to Bloomberg to verify exactly what information reporters had access to and confirmation of their controls to prevent future breaches,” JPMorgan Chase said in a statement.
Bloomberg CEO Daniel Doctoroff sought to draw a line under the scandal on Monday by outlawing the practice and creating a new role of client data compliance officer to tighten up procedures.
The Two-Party System Doesn’t Exist. There’s Only One Political Party – Ron Paul
The two political parties are both owned by the same ruling class. This is why they do not differ for those concerns which matter most to the public. – Image courtesy of netrightdaily.com.
Take the analogy of only two phone companies or two oil companies serving America. In almost no time they would secretly form a trust (this is illegal) and their prices and fees would sky rocket as if only a single company existed. Their quality control would probably regress all the while having a callous disregard for simple customer support for most services. This is not unlike the two-party system of the American government which is a conduit for corporatism.
When people say that both parties are exactly the same they mean within the context of those public policies which matter most.
Please consider the following 15 points where I attempt to prove, and I do think I succeed, that there is no difference between the two candidates running for president who are represented by the two parties for those concerns which are of a most pressing nature:
One candidate signed the NDAA 2012 which “legalizes” martial law and indefinite detention of innocent American citizens simply for peacefully protesting. The other candidate supports this.
One candidate signed a four-year extension of the Patriot Act which can imprison American citizens indefinitely with no trial. The other candidate supports this.
One candidate supports the assassination of American citizens suspected of participating in subversive activities. The other candidate likely supports this.
One candidate has broken his promise and kept Gitmo concentration camp open which also practices torture. The other candidate supports this.
The TSA has grown to include train stations under one candidate. The other candidate likely supports this.
One candidate maintains his support of Israel’s foreign policies for the United States. The other candidate supports this.
One candidate maintains his support of the war of aggression in Afghanistan. The other candidate supports this.
One candidate ignores the Federal Reserve. The other candidate also ignores this.
One candidate has done nothing to prevent another Wall Street meltdown. The other candidate ignores this.
One candidate supports open borders and legalizing illegal aliens. The other candidate likely supports this.
One candidate supports limiting our liberties and increasing surveillance of innocent American citizens. The other candidate supports this.
One candidate agrees that any citizens who rise up to the abuses by government are enemies of the state or terrorists. The other candidate agrees with this.
The building of FEMA concentration camps are in full force under one candidate. The other candidate likely supports this.
One candidate has secretly met with the Bilderberg Group. It is also highly likely that the other candidate has or will secretly meet with the Bilderbergs.
Both parties are owned by the same ruling class (especially Wall Street) through campaign financing, political favors, and lobbying.
Yes those fascist provisions of the NDAA 2012 were nullified by the Supreme Court but what does it say about our legislators who were elected to represent our best interests? When we look at the bigger picture we find that all our petty concerns such as gay rights, stem-cell research funding, health care, the deficit, even taxation, etc. are just a smoke screen to hide those things that are guaranteed to weigh heavily on us as free citizens.
There is no real difference between the two candidates. Both represent the interests of the ruling class who must keep us under strict obedience to the state so that they may maintain their control.
The Republican and Democrat parties have a duopoly on American power as Ron Paul (R-Tx) reveals in this short film, Ron Paul on Glenn Beck Show: Both Parties Owned by Same Elite. It might as well be a monopoly because these two parties now do a lot of horse trading to support each others bills. The election of a new president changes nothing if we vote in a candidate from one of the two political parties because both are financed and in collusion with the bank cartel of American, European finance corporations, the military industrial complex, and the ruling class. This was most noticeable after the assassination of our last true great president – John F. Kennedy. Instead of returning the troops home from Vietnam like President Kennedy had intended on doing, President Johnson greatly expanded American involvement.
This benefits the corporations whose business is war. This also benefits the banks who own huge shares in these companies and fund this war through government deficit spending and borrowing. Those who stand to make money on war have a controlling interest in the American government through lobbying, campaign financing, future lucrative job offers to politicians, gerrymandering, and a central bank (Federal Reserve).
This happens because we believe the patriotic and mass media propaganda and misinformation we are overwhelmed with every single day of our lives. We do not question information from authority figures and we prefer to lazily watch entertaining television programs or play video games. The result of this is that we continually support the two parties who betray our trust and allow lobbyists to hijack our representation. They may appear to be opposed however they work closely together to secure whatever wealth and liberty we have remaining even if this means drafting our adult children into a false war to fight for our freedom or a foreign state’s liberty.
A federal or state government populated with several more political parties and independent representatives would have far more difficulty serving its own agenda because of all the opposition between them. Most would be on their best behavior so that they could also obtain a controlling representation in government. Once any party obtained this power they might also fall from grace.
Most politicians probably begin their political career with good intentions however somewhere along the way they are seduced by money and power. This is unavoidable regardless of party and initial good intentions. All governments in history have evolved or will evolve into fascism because of this is very predictable trait. It is important to note that a dictatorship and a monarchy are a form of fascism because the government is controlled by a single family acting as one and it is in their best interest to control the population through that government much like corporations control a government to serve their own interests.
For democracy to exist we must have a continuous cycle of replenishing new representatives. This is why some elected offices have term limits. Perhaps there should also be term limits for political parties. Instead we allow a stalemate of the Republican and Democratic parties to represent us at all levels of government. One may also notice that among some politicians there is a revolving door between the two parties or between serving the state and serving corporations. They throw their hat in whatever party they believe will give them the best chance at winning an election. One striking example between serving the state and running a corporations is Dick Cheney. He served in congress, the White House, and the Pentagon before moving on as Chief Executive Officer of Halliburton and returning as Vice President. Cheney’s Law is PBS Frontline episode is on how during the Bush administration Dick Cheney succeeded as a very secretive hands on player to enhance presidential powers to detain, render, interrogate, and wiretap.
Why perpetuate the same old habits if any policy changes are always negative? There will always be groups of unethical and dangerous individuals who are highly motivated to secure this power. No one said democracy was free, easy, and static. As soon as we shed our ideological labels and indoctrinated propaganda we find that in full frontal view of the naked truth we are all united in the same mission of life, liberty, and pursuit of happiness.
If what we really want is a free nation, we must do everything in our power to urge all Americans to vote for Libertarian Party candidate Gary Johnson. He is the only viable option who intends on representing the best interests of the American public. Or at the very least do not support any of the two-party candidates — vote third party or independent.
It is no measure of health to be well adjusted to a profoundly sick society.
– Jiddu Krishnamurti (1895 – 1986)
Abstract I: Intent of this Article
With all the patriotic, good government, world beacon of freedom and democracy, and America is the greatest nation propaganda that Americans are indoctrinated with since childhood; most are hard-pressed to face the reality that the United States is now exhibiting striking attributes that it is sinking toward a closed fascist society. – Image courtesy of antemedius.com.
I need to stress three points about this article. Please recognize that it is an editorial and an analysis of current affairs. This means you will not see referenced citations for all points discussed because most facts are well established in the historical record and therefore not in dispute. However, plentiful links and embedded videos by credible and independent sources are provided that inspired some of the content and analysis.
The purpose of this article is not to repeat the facts and news stories of other texts and articles. The intent is to illustrate the true nature of the United States government by using freely available information to connect the dots in a way that may not have been considered before.
Abstract II: Defining Fascism
The new face of fascism isn’t necessarily white anymore. It may come in different flavors however it is still served in the similar cold dish of collectivism with the main course a government by the people for the government for the corporation. And, we the people always pick up the tab. Perhaps there is such a thing as a “free lunch,” for the very lucky few. – Image by unknown.
Secondly, what is fascism? Although I may have difficulty defining it I know it when I see it. However it is always best to begin with the dictionary definition to determine if it reflects what we are seeing today. Dictionary.com defines fascism as:
(sometimes initial capital letter) a governmental system led by a dictator having complete power, forcibly suppressing opposition and criticism, regimenting all industry, commerce, etc., and emphasizing an aggressive nationalism and often racism.
This of course is the traditional meaning of fascism as racism does not play a key role in American fascism. Moreover, the dictator is not a single person but a group of elite or ruling class despots all working together for their own interests. For a thorough definition please visit the Wikipedia definition for fascism.
The primary element of any fascist state is collectivism. It places a higher value on the concerns of the group over the rights of the individual. Thus the needs or even life of any single human being or all people of any smaller group can be sacrificed for the greater good. However, this term is really just a misnomer because it is almost solely applied by those who drive public policy to serve their own hidden illicit agendas.
Thus American fascism is rooted in the trading of other people’s wealth and liberty by those in power in exchange for personal gain and it is done without the consent or knowledge of those being compromised. A paraphrase from the Gettysburg Address nicely packages democracy (and freedom) – a government by the people for the people. With traditional fascism we have a government by the people for the government. With contemporary American fascism government becomes a conduit for a third party – a government by the people for the government for the corporation.
Congressman Ron Paul (R-Tx) describes American fascism as soft fascism. This is also known as corporatism. This means fascism is a spectrum with the most extreme form being that of Benito Mussolini’s Italy, Hitler’s Germany, or Stalin’s Soviet Union.
To prove that the United States reflects many traits of traditional fascism this article will reveal how all people are manipulated with questionable principles to support public policies that are harmful to society; demonstrate how our elected leaders are eroding our civil rights; disclose how the government is managed by an elite class of despots through corporatism, other private interests such as labor unions, and because of foreign interests such as the Israel lobby (AIPAC) and European banks; and advance why democracy is very limited to anemic representation in Washington and other levels of government.
Others have taken a point by point approach and these also inspired my analysis. These are very good for a quick overview but they do not examine how the collective mind of the public is systematically shaped to support public policies that lean toward fascism.
Laura Dawn Lewis What is Fascism (The 7 Conditions that Foster and Fuel Fascism).
It is dire to correct this before it becomes too deep otherwise just like Third Reich Germany, there is a possibility of history repeating itself and we may have reached a point of no return. I sincerely hope my analysis will motivate readers to take effective action whatever form that may take.
The following embedded video is of the whole interview of Ron Paul on NBC’s Meet The Press with Tim Russert. Before moving on it is important to note that most republics (states) now exhibit a sort of states-level soft fascism through labor unions who represent government workers.
English: One Dollar with the owl of the Illuminati (Photo credit: Wikipedia)
Illuminati – the Illuminati is a secret orginazation of the most powerful and influential elite in the world. They go back for centuries and maintain the same bloodlines. They set up the council on foreign relations,the bilderberg group and the tri-laterial commission. Those 3 groups all meet to plan the fate of the world. They consists of international bankers,top government officials,leaders in the energy cartel and media monopoly owners and have control over the U.N. and Unesco. Their subdivisions reach into everyones daily life without most sheeple even being aware of it. They also have ties to the freemasons,skull and bones, and the knights templar.Their ultimate goal is for a one world government which they will control,also a one world currency, and they want control and ownership of all land, property, resources and people. Also they manipulate political parties,and the legal and illigal drug trade and federal agencies related to all matters listed above.
Taken from urbandictionary.com One needs to read about Zagami below this article~jude
By Henry Makow PhD 1-7-7
At the New Year, Leo Zagami, 36, has an urgent message.
The Illuminati plan to “Nazify” the West by the year 2012 and persecute all believers in God, using the pretext of war, terror and economic collapse.
The scion of an ancient Illuminati family, Zagami had a religious conversion (to Islam) last June and rebelled. He’d had enough of the horrifying Satanic, black magic rituals, mind control and torture that was going on inside the lodges, behind closed doors.
On Saturday he posted on his web site Illuminati Confessions~[Website Taken Down]~jude
http://www.illuminaticonfessions.webfriend.it/#news1 names of high ranking Masons who are ready to do battle with the Satanists. He has organized his own security detail and even posted a personal phone number to answer serious questioners about his sincerity.
“These are the end times; it’s no joke,” Zagami says in an January 3 interview on his website.
“The cosmic alignment on the 21st of December 2012 gives you 6 years to prepare… So its about time you all wake up and fight for your right to stay free under one God before they take complete control and start persecuting the true believers in the one God. Get your swords and get ready to fight to defend your faith or perish. This is a war against Satan so please wake up in the western countries or you might wake up in a nightmare one morning in December 2012.”
“From 2010 you will start feeling the big changes in the air more and more but in 2012 you will have the clear evidence of the end of this civilization in front of your eyes.the total NAZIFICATION of the western countries by 2010 before the economic situation starts to badly crack for everyone. Then social tension will hit a peak never seen before and internal conflicts could eventually become in 2012: CIVIL WAR!”
“Are you ready to die for God and your believe in a positive change for the world or are you all a bunch of cowards in the hands of the devil, just talking and talking with no sense of reality?”
As an ex-member of the Comitato Esecutivo Massonico – Masonic Executive Committee (MEC) of Monte Carlo, Zagami was, until recently, a true insider, a 33rd degree Freemason, and a high-member of the infamous Freemasonic P2 (Propaganda 2) Lodge. He was the “prince”, prepared to take over from the older Illuminati “king”, Licio Gelli.