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.
People are waking up and realizing how they have been controlled and manipulated by the secret cabal members who wish to implement the New World Order. There are those working on the inside who have already made their plans to carry out the arrests and free the world of oppression. With peace and love in our hearts, we accept the beginning of a beautiful new way of life.
“Very soon, you will witness the world-wide mass arrests of the many criminal cabal members.
These arrests will mean the removal of the final obstacles that will allow for the implementation of the new abundance systems that are ready to immediately free humanity from the current economy and its falsely imposed conditions of debt and poverty.
There have been many men and women dedicated to this cause who have been working diligently in secret for years to bring us to this moment and are so eager to present to humanity the new system that will immediately redistribute abundance to all of humanity and release humanity from the mundane life it has known. Freedom is to be returned to the people.
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.
Against whom is the European Union’s so-called “oil embargo on Iran” really aimed at?
This is an important geo-strategic question. Aside from rejecting the new E.U. measures against Iran as counter-productive, Tehran has warned the member states of the European Union that the E.U. oil embargo against Iran will hurt them and their economies far more than Iran.
Tehran has thus warned the leaders of the E.U. countries that the new sanctions are foolish and against their national and bloc interests. But is this correct? At the end of the day, who will benefit from the chain of events that are being set into motion?
Are Oil Embargos against Iran New?
Oil embargos against Iran are not new. In 1951, the Iranian government of Prime Minister Mohammed Mossadegh with the support of the Iranian Parliament nationalized the Iranian oil industry. As a result of Dr. Mossadegh’s nationalization program, the British militarily blockaded the territorial waters and national ports of Iran with the British Royal Navy and prevented Iran from exporting its oil. They also militarily prevented Iranian trade. London also froze Iranian assets and started a campaign to isolate Iran with sanctions. The government of Dr. Mossadegh was democratic and could not be vilified easily domestically by the British, so they began to portray Mossadegh as a pawn of the Soviet Union who would turn Iran into a communist country together with his Marxist political allies.
Another quite interesting and revealing Ben post here. It sounds from what he reports here, that we are in the last act of this dark old global soap opera. Ben gives some of the history behind much of this, from his understanding, and lays it out for all to see. The fact that he puts so much of this type of information out there tells me he knows he is “protected” (whatever that means) and that this dark-oriented group is pretty much out of it, power-wise. Others have likewise reported such (SaLuSa, Montague Keen, Wanderer).
As always, suggest using your Higher Discretion as you read.
…911… attacks…was an esoteric battle in a war for control of the global financial system… the 311 nuclear tsunami attack against Japan was also part of this battle.
…A critical mass of military, law-enforcement, banking and other officials has been identified and is about to arrest the culprits behind these and other attacks.
…global…accounts…backed by the pooled assets of many of the world’s governments… meant to be used to finance peaceful development… were mostly misspent on war by a group of misguided oligarchs concentrated in the financial, military, oil and (to a lesser extent) pharmaceutical industries.
…the top cabalists include George Bushes Jr.&Sr, Henry (Heinz) Kissinger, Queen Elizabeth, Queen Beatrix of the Netherlands, Senator J. Rockefeller, Paul Wolfowitz, Frank Carlucci, Donald Rumsfeld, Tony Blair and the Pope.
When U.S. President John F. Kennedy agreed with the 77-nation non-aligned group to create US treasury dollars to finance the development of the third world…, he was killed.
The problem with this fake war on terror is that it required the rest of the world to continue financing the US military industrial complex.
When Putin kicked the cabalists out of Russia, suddenly the cabal’s control over oil, and thus their stranglehold over much of the world’s economy, began to collapse.
However, the entire [cabal] plan began to crumble after 2006 when the Chinese began to stop buying US Treasury certificates.
…in June of 2009…two Japanese carrying $134.5 billion of various bonds were seized in Italy and had [them] taken… the trail led to cabal members located at the very top of the Western power structure.
Until this mess can be sorted out, a freeze has been put out at the very highest levels of the global financial system. This is what is ultimately behind the recent financial turmoil seen around the world.
The best intelligence available says…many cabal members will be put in jail while [thoss] judged to have sincerely worked with the greater good in mind, will be allowed to stay free…
There will also be some sort of announcements to the global public at large about what has been going on. Humanity will then enter uncharted waters.
Although a decade of research has proven a high level cabal at the top of the Western power structure was behind the 911 terror attacks, few realize the attack was an esoteric battle in a war for control of the global financial system. Fewer still realize the 311 nuclear tsunami attack against Japan was also part of this battle. However, a critical mass of military, law-enforcement, banking and other officials has identified and is about to arrest the culprits behind these and other attacks. The search for the ultimate culprits led to something known as the global collateral accounts and a high level group of conspirators that illegally took them over. These accounts are backed by the pooled assets of many of the world’s governments and were meant to be used to finance peaceful development. Instead, they were mostly misspent on war by a group of misguided oligarchs concentrated in the financial, military, oil and (to a lesser extent) pharmaceutical industries.
According to a US intelligence group that has been on this case for some time, the top cabalists include George Bushes Jr.&Sr, Henry (Heinz) Kissinger, Queen Elizabeth, Queen Beatrix of the Netherlands, Senator J. Rockefeller, Paul Wolfowitz, Frank Carlucci, Donald Rumsfeld, Tony Blair and the Pope. Of course there were many thousands of working below them or else above them in the shadows who were in on the scheme. The intelligence and police agencies of the world have now obtained the codes for the global collateral accounts and can trace in detail who has been using these funds, and for what purpose, ever since they were hijacked in the 1950’s.
Submitted by Robert Denner of Daily Economic Update
U.S. CORP And The Impending IMF Merger
Been lots of talk around lately regarding the collapse of the US Dollar and what that would mean for the United States of America and the world. There has also been a lot of talk about the Federal Reserve Bank of the United States of America and how unhappy the people of the US are getting with this largely unknown organization.
These two forces are converging together in what could be a very serious and detrimental way as it relates to the average US citizen. This article will rely heavily on flawed analogies to help the lay person understand the inner workings of both the IMF and the Federal Reserve Bank. This is not to be taken as an academic piece and I would ask that it not be judged as such. This is meant to help those people that have recently woken up to the reality that their country has been hi-jacked and those that are desperate to get up to speed as quickly as possible. So let’s jump right into the thick of it shall we? First we need to start with what I hope are simple lessons so that you can take what I am about to teach you and apply it to the real world.
There is one thing that bankers and computer people love to do and that is to use big scary acronyms to scare off the simple folk. So here is your first lesson.
I.M.F. and the S.D.R.
So right off the bat we are using acronyms that mean absolutely NOTHING to the lay person and yet that is an actual sentence believe it or not… IMF stands for the International Monetary Fund. The SDR is short for Special Drawing Rights and is the currency of the IMF. The International Monetary Fund is a private bank that is used to help sovereign nations engage in international commerce. Just like if you owned a company and you used bank A, and your supplier used Bank B, the IMF would be the bank that both banks A and B used to transfer payments and credits back and forth to each other. To Company A and B (using Bank A and B) it would be seamless.
But the IMF does a whole lot more for the global economy. They are the creditor of last resort for a lot of countries. For if you want to engage in international commerce in the free world (meaning the world now) you must be a part of the IMF system. Should a country that is part of this system become over leveraged because of mismanagement and debt accumulation, the IMF stands ready to come to the rescue. To understand how this relationship has worked in the past (and the present); I MUST go into some history. I will keep it brief I promise.
To understand how the global monetary/commercial world works you have to go back to the end of World War II. Following the war the United States was alone as a major industrial power. The rest of the industrial countries were in shambles. The United States was also nearly alone as a producer of oil. It is this later point that needs to be highlighted.
The United States used its vast oil reserves and coupled it with a highly trained industrial labor force and put it to work in its vast expanse of industrial capacity to re-build the rest of the world. It is this fact that is at the very center of our current monetary system some 60 years later. So I will start with my first analogy…
The US Corp could be seen as a huge company like General Motors. Following WWII US Corp was the only company left with the capacity to make things and it had the working capital and energy to do what it wanted. US Corp went out into the world and started to acquire other businesses. First was Japan Corp which US Corp had beaten into a pulp during the war. US Corp decided that it was in its own best interest to build Japan Corp back up but it needed to make sure that it never again could threaten US Corp the way it did in WWII. Japan Corp used its own currency called the YEN and US Corp obviously used the Dollar. So to make this all work, US Corp had to make sure that the workers at Japan Corp didn’t feel like the last of their country was being taken from them. To keep them vested in the viability of their own country it was very important to let them keep their own currency and their own political structure, albeit greatly modified under the surface. We allowed Japan Corp to keep their figurehead CEO (the Emperor) and we installed a new board of directors (Democratic institutions). We linked the Bank of Japan to US Corp’s bank the Federal Reserve Bank through a new institution called the International Monetary Fund and the World Bank.
LONDON (Reuters) – U.S. oil company Anadarko Petroleum Corp said its major gas finds offshore Mozambique were around twice as large as it earlier thought, adding support to hopes that East Africa will become another major gas production centre.
Anadarko said on Monday that the results of its Barquentine-3 appraisal well showed its fields had recoverable reserves of 15 to over 30 trillion cubic feet (Tcf) of natural gas — compared to total UK gas reserves of 9 Tcf, according to the BP Statistical Review of World Energy.
“This could be one of the most important natural gas fields discovered in the last 10 years,” said Anadarko Chairman Jim Hackett.
URL of this article: www.globalresearch.ca/index.php?context=va&aid=27928
At the recent APEC meetings, Canada and Mexico announced their interest in joining the U.S., along with other countries already engaged in negotiations to establish what has been referred to as the NAFTA of the Pacific.
The leaders of the nine countries that are part of the Trans-Pacific Partnership(TPP) met at the Asia-Pacific Economic Cooperation (APEC) summit in Hawaii and agreed on the broad outlines of a free trade agreement. The current members include the U.S., Australia, New Zealand, Malaysia, Vietnam, Singapore, Brunei, Peru and Chile. The TPP has been hailed as a, “landmark, 21st-century trade agreement, setting a new standard for global trade and incorporating next-generation issues.”
Key features of the TPP are that it would provide comprehensive market access and be a fully regional agreement designed to facilitate the development of production and supply chains. Various working groups have been discussing issues such as financial services, government procurement, intellectual property, investment, rules of origin, telecommunications and trade remedies. The next round of talks will take place in December and there are hopes of concluding negotiations before the end of 2012.
Eurozone leaders have brought their begging bowl to China, looking for help in boosting their bailout fund. So what does this say about the shift in the global balance of power?
In October 1911, China rose up in revolution. Four months later the last emperor had fallen and European moneymen were flocking to Beijing, eager to finance the bankrupt new republic.
In October 2011, another European moneyman headed for Beijing. But Klaus Regling, head of the European Financial Stability Facility, did not go there to lend to China. He was there to borrow, asking China to save Europe from economic disaster.
In just one century, China has gone from financial basketcase to the world’s banker, and Europe has made the same trip in the other direction. It is one of the biggest turnarounds in history. How did it happen? And, more to the point, what does it mean?
The turnaround is part of a much longer story.
The average Briton or American earns 10 times as much as the average Chinese. But China is catching up”
It begins around 1600, when China was the richest nation on earth and Europeans, anxious to trade with China, were building new kinds of ships. For millennia, the Atlantic Ocean had been a barrier cutting Europe off from the rest of the world, but Europe’s new ships effectively shrank the ocean, turning it into a commercial highway. By 1700, the resources of the Americas were feeding a European take-off.
Fukushima is now far and away the worst nuclear disaster in all of human history. Chernobyl was a Sunday picnic compared to Fukushima and the amount of cesium-137 released at Fukushima this year so far is equivalent to 168 Hiroshima bombs. The crisis at Fukushima is far, far worse than you have been told. We are talking about multiple self-sustaining nuclear meltdowns that will not be fully contained for years. In an attempt to keep people calm, authorities in Japan (and around the rest of the world as well) have lied and lied and lied. Over the months that have passed since the disaster began, small bits of the truth have slowly started to come out. Authorities are finally admitting that the area immediately surrounding Fukushima will be uninhabitable indefinitely, and they are finally admitting that the amount of radioactive material that has been released is far higher than initially reported. It is going to take the Japanese years to fully contain this problem. Meanwhile, Fukushima will continue to blast all of us with high levels of cesium, strontium and plutonium and will slowly kill millions of people around the globe for years to come.
These days, the mainstream media does not talk about Fukushima much. The reality is that there have beena whole lot of other disasters for them to talk about.
But just because Fukushima is a nightmare that is playing out in very slow motion does not mean that it does not deserve our full attention.
To get an idea of just how nightmarish Fukushima has turned out to be, just consider the words of nuclear expert Steven C. Jones….