Marketwatch’s David Weidner makes a stop on Mean Street to point out that amid all of Apple’s recently reported financial successes, there is a familiar dark side to all the good news. Photo: Reuters.
(AB note: The World Global Settlement Funds, referenced on this page, should not be confused with the SG World Trust. The World Global Settlement Funds have in excess of $47 trillion to disburse to 140 nations across the globe. This due and lawful disbursement has been blocked by the Washington DC private corporationfor more than three decades. The SG World Trust is much bigger, and older, than The World Global Settlement Funds.)
On the evening of Thursday 28th July 2011, Barack Obama, the President of the United States, informed the World Court at The Hague that as long as he was President, he would not sign off on the World Global Settlement Funds. More background here (28.07.11).
Obama’s refusal to lawfully execute his responsibilities in this specific followed upon the wide circulation of a letter dated 7th July 2011, from Lindell Bonney to Dana Wilcox (full text here). The financial data set out in this letter showed that the US income taxes expected to be paid to the US Treasury from just four of the World Global Settlement Fund-related recipient-paymasters would amount to a sum in excess of $11 trillion. This would be sufficient to pay off most of the US national deficit and would pump-prime the US Dollar Refunding Program.
This executive refusal to sign further delayed the due and lawful disbursement of The World Global Settlement Funds ($47 trillion), the implementation of the US Dollar Refunding Project ($10 trillion), the long-agreed global debt jubilee (universal debt forgiveness), and the introduction of the new precious metals-backed international currencies.
The text linked above is a letter dated the 17th June 2011 from Pasadena Attorney Al Clifton Hodges to the Chinese government through the Chinese Ambassador to the United States,
The direct Chinese involvement in the internal finances of the US dates from 2009 when a $47 trillion Lien against the US Treasury and the US Federal Reserve Board was taken out by élite monetary interests in the UK and China. More here(18.06.11).—>
~pretty much sums it up from my point of view~jude
What’s in store for the world in 2011? Trends forecaster Gerald Celente of the Trends Research Institute provided his insights on the year ahead. Will the people of the world wake up to a dire economic reality? Will the US dollar or the value of gold prevail? Will hardship-driven crimes be committed across the socioeconomic spectrum by legions of the on-the-edge desperate? Will the “War on Terror” morph into the “War on Crime,” where all Americans are suspects until proven innocent? Will governments try to eliminate free access to the web and literally shut down computers and websites they consider a threat to national security? Will the seeds of revolution be sown? Celente argued that all of the above will take place in some shape or form. There will be a wakeup call on the economy, a crack down on the people and a loss of liberty, and also an increase in Journalism 2.0, alternative energy and a growth in cyber war tactics. “Look what’s happening now. You name the city,” he said. “The people are getting hit on at every level.” The banks and governments are robbing the people and will continue to do so, he argued. “What they are going to do, is they are going to make up the slack by going after the little people at every level; licensing fees, parking fees, you name it, they’re going to squeeze every dollar out of the people,” Celente commented. “If you go five miles over the speed limit there’s a cop waiting for you.” Gold will run high in 2010, as the federal resave continues to dump US currency into the system gold will rise much higher, possibly even double in value over the next year. In the name of terror the government will clamp down on the people, crime will rise as dissatisfaction with the economy and government policies rise. “Big Brother will be watching!” Celente said. “We even have Wal-Marts as a rat for the homeland security division to call them up and let them know if anything is untore that they should know about and they are talking now about expanding homeland terrorist security in hotels and shopping malls.” The US government will be watching every move every person makes. “They are going to clamp down more and more as people continue to complain more and more about the injustices that are happening, particularly on the economic front,” he explained. “When people lose everything, and they have nothing left to lose, they lose it! As people keep losing it, the government will crack down even tighter.” Looking forward, cyber warfare will grow further, becoming a new type of warfare for the 21st century. Those in cyber industry have a strong future, he added. “Were going to see more and more cyber attacks, just like we saw with WikiLeaks,” explained Celente. “We’re going to see worldwide cyber crime. In the end, the world will end in 2011 said Celente, but what that means exactly he wouldn’t say. More videos at RT America Youtube channel http://www.youtube.com/RTAmerica.
Incoming Speaker of the House, John Boehner, fresh off of ridding Congress of those out-of-control, tax and spend Democrats announced his first big plan to cut the budget today and he started close to home – in his and other congressman and senator budgets.
He stated:
“I’m gonna cut my budget — my leadership budget — 5 percent,” he said, in video released by CBS. ”I’m gonna cut all the leadership budgets by 5 percent. I’m going to cut every committee’s budget by 5 percent. And every member is going to see a 5 percent reduction in their allowance. All together. that’s 25, 30 million dollars that likely would be one of the first votes we cast. We can start with ourselves.”
Wow! $30 million out of a $3.9 trillion budget. That’s 0.000007%!
Just out of curiosity, I went to the US Debt Clock website and timed how long it took for the US national debt to increase by $30 million. The amount of time? 13 minutes.
Therefore, if the amount of time spent enacting this budget cut takes up more than 13 minutes it will, literally, be a waste of time.
To be fair to John Boehner, we’re sure he has other big plans to cut the budget. But, here is the problem, even if he cut the US government discretionary spending by 100%, it still isn’t enough. Just take a look at the numbers:
Here is the 2010 tax receipts for the US federal government:
$1.061 trillion – Individual income taxes
$940 billion – Social Security and other payroll tax
$222 billion – Corporation income taxes
$77 billion – Excise taxes
$23 billion – Customs duties
$20 billion – Estate and gift taxes
$22 billion – Deposits of earnings
$16 billion – Other
Now, notice how the US government includes Social Security tax, taken off of paychecks as being INCOME?? No company could ever do that. But the US government can. Why? Because they’ve got all the guns and can do what they want.
But the money taken in from payments into Social Security is obviously not real income of the government. That money, theoretically, is supposed to be set aside to pay for Social Security in the future.
So, if you exclude Social Security receipts, the total “income” (tax/theft) of the federal government for 2010 was $1.44 trillion.
The numbers are pretty simple. The US government had total real tax receipts of $1.44 trillion in 2010. This only pays for 66% of the Mandatory Spending, even if you got rid of 100% of the discretionary spending.
In other words, in order to balance the budget the government would have to cut 100% of Discretionary Spending and 34% of Mandatory Spending. What would that look like?
To do this, they would have to close every military base and lay-off every serviceman in the Armed Forces, close every public school and fire every teacher, shut down the Department of Homeland Security and every other government agency and, as well, cut all Social Security, Medicare and Medicaid spending by 34%.
John Boehner’s got quite a bit further to go!
But whether he does the cutting himself or not, these cuts will have to be made. They will either be made by choice or by force as the rest of the world is about to take away the US’ credit card. When they do, and that time is very near, the USSA will collapse just as the USSR did, and for the same reasons: Because they both were or became centrally planned, socialist/communist economies.
People need to at least know the agenda and understand the desired future outcome of globalization and CO2 treaties along with total economic control of all populations on the planet. You want a Star Trek future. The question is: Is that the future that is on the agenda?
One final quote left out of the video:
“In searching for a new enemy to unite us, we came up with the idea that pollution, the threat of global warming, water shortages, famine and the like would fit the bill. All these dangers are caused by human intervention, and it is only through changed attitudes and behavior that they can be overcome. The real enemy then, is humanity itself.”
According to the Associated Press, the Obama administration will give away nearly $6 million of American tax dollarsto restore 63 historic and cultural sites, including Islamic mosques and minarets, in 55 nations. See the State Department document here. The latest taxpayer givaway includes $76,000 for a 16th century mosque in China, $67,000 for a mosque in Pakistan, $77,000 to restore minarets in Nigeria and Mauritania, and $50,000 for an Islamic Monument in India…
U.S. DEPARTMENT OF STATE
BUREAU OF EDUCATIONAL & CULTURAL AFFAIRS CULTURAL HERITAGE CENTER
U.S. AMBASSADORS FUND FOR CULTURAL PRESERVATION 2010 AWARDS
Africa
1. Comoros: Restoration of the 18th‐Century Sultan Palace of Ujumbe in Mutsamudu
2. Congo (Democratic Republic of): Documentation of Traditional Pygmy Music
3. Kenya: Restoration of the Early 19th‐Century Fort at Lamu
1.) The law expands entitlement spending by over $1 TRILLION in order to “cover” $30 Million more people. What will that do to State Budgets? We only need to look at history to find out. Cases in point?
2.) It adds $500 Billion in new tax increases at a time in our nation’s history when a RECORD number of American’s pay NO INCOME TAXES! And if you believe the lie told by President Obama that your taxes will NOT increase if you make less than $200,000 as an Individual or $250,000 as a Married couple, you need to know the TRUTH!
Speaking of NEW taxes, if you are a Small Business owner. Here’s what’s coming for you thanks to Obamacare:
Driving from the baseball field, where I’d dropped off Nine, to the place where Five and I were supposed to go to Nursery Rhyme Dance, I saw the police officer‘s motorcycle in my rear view mirror. I didn’t think about it at the time, of course, but now I remember how Claire Wolfe, one of my favorite freedom writers, talked about not having a car and how wonderful it was to have freedom from the blue light in the rear view mirror. Ah, but our government taxfeeders do love to make us late for things and to miss things all together, just for the privilege of driving on their roads, of course. Here I was, a law-abiding mom just trying to get my children to where they needed to go, and totally and completely following the rules of the road. Except, of course, for the cell phone use rule. I’ve written about this ridiculous law when it was first passed in California, but now, things have really gotten out of hand. On a day when the stock market took a strange plunge, I began to see what our country is coming to: a totalitarian mess in which little old ladies, moms, and other innocent folks can be stopped, detained, asked for identification, and treated like a criminal. I did, of course, sign the document that said I was guilty of the crime, with no jury trial; not doing so may have gotten me arrested and harassed even longer by the people whose salary my tax dollars pay.