Why Chuck Can't Get His Business Off the Ground
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Missives on Important Issues of Our Time
Posted by
Kerux
at
8:35 PM
Labels: economics, entreprenueralism, finance, free market
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Jesus Christ is undoubtedly, among many other attributes, history's most influential teacher. He is unmatched in the use of parables as a means of instruction. Most educated people today have at least heard of the Parable of the Talents as found in the book of Matthew, Chapter 25:
14 For the kingdom of heaven is as a man traveling into a far country, who called his own servants, and delivered unto them his goods.
15 And unto one he gave five talents, to another two, and to another one; to every man according to his several ability; and straightway took his journey.
16 Then he that had received the five talents went and traded with the same, and made them other five talents.
17 And likewise he that had received two, he also gained other two.
18 But he that had received one went and digged in the earth, and hid his lord's money.
19 After a long time the lord of those servants cometh, and reckoneth with them.
20 And so he that had received five talents came and brought other five talents, saying, Lord, thou deliveredst unto me five talents: behold, I have gained beside them five talents more.
21 His lord said unto him, Well done, thou good and faithful servant: thou hast been faithful over a few things, I will make thee ruler over many things: enter thou into the joy of thy lord.
22 He also that had received two talents came and said, Lord, thou deliveredst unto me two talents: behold, I have gained two other talents beside them.
23 His lord said unto him, Well done, good and faithful servant; thou hast been faithful over a few things, I will make thee ruler over many things: enter thou into the joy of thy lord.
24 Then he which had received the one talent came and said, Lord, I knew thee that thou art an hard man, reaping where thou hast not sown, and gathering where thou hast not strawed:
25 And I was afraid, and went and hid thy talent in the earth: lo, there thou hast that is thine.
26 His lord answered and said unto him, Thou wicked and slothful servant, thou knewest that I reap where I sowed not, and gather where I have not strawed:
27 Thou oughtest therefore to have put my money to the exchangers, and then at my coming I should have received mine own with usury.
28 Take therefore the talent from him, and give it unto him which hath ten talents.
29 For unto every one that hath shall be given, and he shall have abundance: but from him that hath not shall be taken away even that which he hath.
30 And cast ye the unprofitable servant into outer darkness: there shall be weeping and gnashing of teeth.
Posted by
Kerux
at
5:43 PM
Labels: corruption, economics, finance, Jewish banking, jewish psychopathology
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The economic free fall the United States, and much of the rest of the world is experiencing, was not happenstance, not a mistake that took us by chance. These events were planned by International Jewry, the International Jewish financiers who control most of the world's economy. These people - Hans "Henry" Kissinger, Zbigniew Brzezinski, Alan Greenspan, Hank Paulson, Rahm Emanuel, Robert Rubin, Tim Geithner, Larry Summers, Paul Volcker, Ben Shalom Bernanke, Peter R. Orszag, David Axelrod, the Rothschilds, we rarely if ever hear about, along with those at Goldman Sachs, Lehman Brothers, JPMorgan, Citigroup, Merrill Lynch, and the Bernard Madoffs and Maurice Greenbergs, [AIG] Jews one and all, along with their sock puppets, Poppy Bush and Baby Bush, the Clintons, Tony Blair, and now Gordon Brown, and the usurper Barry Soetoro, all had their hands in the demise of the United States' economy.
Not by mistake, no no, not a chance this greater depression was by mistake. These people are way too intelligent for that. After all - it is the Jews themselves who never miss a chance to tell us how smart they are, the "Masters of the Universe," the over represented Nobel Prize winners among us, "God's Chosen." No, this was all planned out. A conspiracy? Yes. But not a theory, the proof is there for all to discover, going all the way back to the first central banks in Europe some three hundred years ago, controlled by the Rothschild family - right up the central banks today that control our world's financial systems. All the evidence one needs can be found at sites such as I Am the Witness which houses dozens of books containing thousands of pages available for free, documenting the conspiracy for anyone wishing to do the research.
What is happening is that these criminal conspirators are deliberately burying Americans in debt so monumental while providing trillions of borrowed dollars to themselves as they complete the financial rape of the Western world. These financial wizards know full well these trillions they are throwing at the problems they created by way of their banking and insurance schemes, will not solve the problems they created, but will, in fact, exacerbate the problems, which is precisely what they want. Too much spending, too much debt, is the problem, more spending, more debt is not going to solve the problem. When someone drinks too much and has a hangover, the solution is not to drink more alcohol, but to endure the hangover, no matter how painful, vowing to not drink too much next time. Their solution is not a 12 Step Program, but more fuel on the fire.
When they are done with their various "stimulus" packages, there will be no resources left to provide real solutions.
Why are they doing this?
Control. These people are control freaks to the extreme. They desire nothing less than complete control over the rest of us. These sociopaths believe they have the right, due to their supremacy, to control the rest of the world, us goyim, us cattle. They want to tell us what to believe, Christianity is out, holocaustianity is in, for one example, climate change, for another; what to say, "hate crime" laws, for example; what to do, tolerant homosexuality, for one example, abortion for another; what to learn, indoctrination in public schools, for one example; what to eat, raw milk is illegal, for example, organic farming is being made illegal for another, Amygdalin/laetrile for yet another; not defend ourselves, gun control laws, for example; the list goes on. These people want to enslave us, control our speech, our actions, our beliefs, even what we think.
Once we are brought to our knees economically, forced out of our homes, jobless, because they pushed CAFTA and NAFTA, globalism, outsourcing, offshoring, "free trade" and illegal immigration down our throats, in debt up to our eyeballs with usury, unable to defend ourselves due to our fractured families they promoted through their "no-fault" divorce schemes, financially burdened with wars for Israel - which our fully duped Christian Zionist mega-churches - deceived through the Zionist C.I. Scofield Reference Bible, wholeheartedly support - and the countless hours of television programming that brainwash and transform our attention deficient consumers into useful idiots, these criminal Zionists will present "solutions' that most sheople will gladly exchange their birthright for, just like Esau.
Most Americans, given a roof over their head, three squares a day and "security," and perhaps a green related "job" or community service in an Obama jobs corp, to do their part, will be eating out of the Zionist's hands, willingly.
Which was their plan all along.
For those who don't take the bait, among those solutions offered will be the means by which the ruling elite will destroy all dissent, prevent all debate, squelch all disagreement, physically or verbally, and imprison all those who dare object, as "anti-Semites," hatemongers, domestic terrorists, all under the guise of the un-Americanism and anti-terrorism laws they have already enacted to make what they will soon do, perfectly legal. Those taking the porridge will condemn those who don't and "democracy" - rule by the majority - will triumph.
Right now, these Zionists are avoiding the word depression. Once they start using the term depression openly and frequently, you'll know they are moving into the next phase, providing the "solutions" they've been intending for us all along.
Those solutions will involve complete control over our lives. We will no longer be a nation of freemen. The United States as we knew it will no longer exist.
Posted by
Kerux
at
5:30 PM
Labels: economics, finance, greater depression, International Jewry, Jewish banking, martial law, Zionism
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The Jewish controlled media had no problem alleging it was a conspiracy of "19 Arabs with box cutters" behind 9/11. So, why are they not telling us the facts about the conspiracy of Jews behind the financial bailout that has cost close to $12 trillion dollars thus far?
Here are the names of the Jews behind the latest stimulus deal, also known as the "swindle," courtesy of Real Jew News
Timothy Geithner: Treasury Secretary - Jewish.
Steven Rattner: Treasury Advisor For Auto Sector - Jewish.
Larry Summers: Economic Advisor to the President - Jewish.
Robert Rubin: Economic Advisor to the President - Jewish.
Alan Blinder: Economic Advisor to the President - Jewish.
Jason Furman: Director Of Economic Policy - Jewish.
Peter Orszag: Head of Budget - Jewish.
Jon Leibowitz: Chairman Of FTC - Jewish.
Adding to this list of Jewish-Zionists on Obama’s economic advisors team, is his administrative staff of Zionist Jews:
Rahm Emanuel: Chief of Staff - Jewish.
David Axelrod: Senior Advisor to the President - Jewish.
Ronald Klain: Chief of Staff to the Vice President - Jewish.
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And there is Bernard Bernanke - Federal Reserve chairman - Jewish.
And let's not forget a big player in all of this mess, Alan "Maestro" Greenspan - Jewish.
These Jews are robbing the American taxpayers blind, after having caused the problems in the first place.
Posted by
Kerux
at
2:41 AM
Labels: economics, finance, International Jewry, Jewish banking
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Click the link below if the video doesn't play.
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The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
Posted by
Kerux
at
12:36 AM
Labels: credit crisis, economics, finance, greater depression, Jewish banking
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Click on image to enlarge. Graph from StockCharts
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I want to go on record stating that the DJIA will fall to at or below 3000 before this Greater Depression reaches bottom. And likely below 2000. Most people invested in paper assets, such as stocks, will lose most or all of what they invested. Bye bye retirement plans and pensions for the hardworking. The Greater Depression will last upwards of 10 years because of all the wrong things the government is doing - trillion dollar bailouts for the greedy Jewish bankers who caused most if not all the problems, trillion dollar stimulus packages instead of allowing the correction that is needed to compensate for the excessive spending during the years of cheap anyone-who-can-hold-a-pen-can-get credit. Along with this doozy depression, starting in about 9-12 months, the winds of hyperinflation are going to blow through the economy like a hurricane - Hurricane Zim - after Zimbabwe.
As a result of 30% or greater un-employment, bank runs, food scarcity, the collapse of the dollar, there will be massive civil unrest, and hopefully, revolution. Then maybe people will be interested in getting back to the Ten Commandment Model of free market economics - just weights and measures, gold and silver coin as money to restrain government spending and bank lending, no private central bank charging usury and a high personal savings rate. I doubt that will happen but when the Ten Commandment Model was used, the nation was prosperous.
There is a price to be paid for ignoring God's biblical laws of economics. But what will be offered instead, by the same criminals that brought calamity upon the rest of us, will One World Order - a new global financial system run by the Jewish financial "Masters of the Universe" i.e., the Rothschilds, their progeny and the rest of the Jews so-called. The Volkers, the Kissinger, the Zionist boot licking Clintons, the Summers, the Geithers, the usurper Soetoro and all the rest of the government pimps and prostitutes will use the Jewish controlled media to sell the gullible lemmings their lies and profitable propaganda. And the people, who reject God and all that He stands for, will gladly accept the proposed solution for the crust of bread that is offered.
Posted by
Kerux
at
12:01 AM
Labels: economics, finance, gold, greater depression
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US job losses hit record in 2008
Inauguration Gala - $150 Million
Sharp decline in US retail sales
Inauguration Gala - $150 Million
Economic Crisis Hits Exports
Inauguration Gala - $150 Million
Many jobless find they're not eligible for benefits
Inauguration Gala - $150 Million
Circuit City to liquidate, adding to US job losses
Inauguration Gala - $150 Million
White House forecast sees more job losses in 2009
Inauguration Gala - $150 Million
Blue Cross cites $1B loss in job cuts, proposed rate hikes
Inauguration Gala - $150 Million
Dollar slides on big losses for banks, job cuts
Inauguration Gala - $150 Million
N. Idaho home foreclosures hit record
Inauguration Gala - $150 Million
Record foreclosures
Inauguration Gala - $150 Million
NV posts nation's top foreclosure rate in 2008
Inauguration Gala - $150 Million
Drop in US Trade Gap ‘Slim Comfort’ as Exports Keep Plunging
Inauguration Gala - $150 Million
Credit Crunch Taking a Toll on US Exports
Inauguration Gala - $150 Million
Senate gives Obama access to $350 billion bailout aid
Inauguration Gala - $150 Million
Chrysler Financial Gets $1.5 Billion to Aid Car Sales
Posted by
Kerux
at
2:19 PM
Labels: corruption, economics, finance, Government, hypocrisy
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And Bernanke and Paulson refuse to reveal who got how much.
Source: Rock Creek Free Press
Posted by
Kerux
at
1:46 PM
Labels: corruption, economics, finance, International Jewry, Jewish banking, tyranny
Posted by
Kerux
at
8:01 PM
Labels: corruption, debt, economics, finance, Government, International Jewry, Jewish banking, survival, Zionism
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"If the American people ever allow private banks
to control the issue of their money,
first by inflation and then by deflation,
the banks and corporations that will
grow up around them (around the banks),
will deprive the people of their property
until their children will wake up homeless
on the continent their fathers conquered."
Thomas Jefferson 1802
Posted by
Kerux
at
2:40 PM
Labels: economics, finance, greater depression, Jewish banking
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Listen as Max Keiser sidesteps Alex Jones, who never mentions the financial criminal conspirators by their ethnic origin, to reveal their criminal activity on the Comex, referred to by Robert Chapman as the Crimex. 2:31 seconds of time well spent.
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I've long said gold - like a beach ball held under water - when released from it's manipulated suppression by the Plunge Protection Team - will explode upward. Won't be long now.
Posted by
Kerux
at
1:06 PM
Labels: corruption, economics, finance, Jewish banking
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As brought out back in July here: Time to Buy the Farm the time to own a farm has come. Events transpiring in the US [and elsewhere] not only could, but most likely will, lead to a demand for food that Americans have not witnessed before.
"An estimated 40,000 people came to a Weld County farm Saturday - [November 22] - to collect free potatoes, carrots and leeks."
The Miller family of Colorado expected about 5,000 - 10,000 people to show up for the free "gleanings," but an estimated 40,000 people arrived - starting in the dark at 6 a.m. - for the free vegetables. Down on the Farm
But also, another sign of things to come was evident the previous week in nearby Denver:........ thieves broke into freezers owned by the Park Hill Grandparents Organization and stole Thanksgiving trimmings — including more than a dozen frozen turkeys — set to be donated.
Fortunately, no one was in the Park Hill Grandparents Organization building when the turkey thieves broke in. Had there been, perhaps some grandparents may have have been hurt. When people are hungry, there is no telling what they will do.
Americans haven't seen hunger - real hunger - yet. Methinks that inexperience will soon change and when it does, not only will the hungry not wait for nice people like the Millers to invite them for the gleanings, but bad people like those who stole those soon to be donated turkeys won't wait for an invitation to steal food from those who have and won't necessarily wait until the home is empty.
The fact that crime will rise in the lean years ahead has not been lost on the hundreds of thousands who have been stocking up on weapons and ammunition.
Gun sale boom follows Obama's winI think people have some fear of the unknown.
Gun sales soaring
Another reason sales are up is that some fear a sour economy will increase crime.
Gun sales booming big time
Two stories that have been getting lots of post-presidential election play are the bad economy and, despite the bad economy, skyrocketing gun sales.
Two things you might want to make sure you have access to - food for your family and the means to protect not only your food, but yourself as well. There is no telling what hungry people will do.
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As the following links show, there now exists a shortage of physical gold in the real world market place. This shortage is in contradistinction to the falling price of price of paper gold in the Comex world of digital traders. Once some of these paper gold traders start demanding the delivery of their contracts, the fact of the physical gold shortage will become apparent and there will be a rush to acquire gold as a hard asset that can be held in investor's hands. Paper gold may turn out to be fool's gold.
Gold Market Dis-Information Specialists Ply Their Trade
"Well, here's a dose of reality folks: In a conversation I [Rob Kirby] had with one of Canada 's largest physical, retail bullion dealers last Friday – here's a summary of what he told me: As a long time and valued customer of the Royal Canadian Mint, he has been told that the Mint is not accepting ANY orders for gold or silver coin for at least 3 months – and no guarantees then either."
Gold: There are zero one ounce gold bars in North America at wholesale – period.
Same thing for 10 oz gold bars.
Some kilo gold bars are available at wholesale but in highly limited at prices starting at 5 % over spot [COMEX price].
He is currently receiving a couple of hundred calls per day for small gold [one ounce denominations] and has no product to sell.
BURLINGAME, Calif.--In the 50 years since Burt Blumert founded Camino Coin Company, a precious metals dealer in this quiet San Francisco suburb, he's never witnessed such a frenzy of interest in gold and silver coins.
"There are no gold coins available," said Blumert, who is now mostly retired after giving the business to a longtime employee last year. "This is just as true of silver, even more so."
"I also have a friend there [Singapore] telling me that suddenly Chinatown jewelery ships are swamped with customers and the local gold shops have been out of physical since last week."
Dubai: A massive rush at jewellery shops has led to a shortage of gold at some outlets, prompting some shopkeepers to overcharge customers, Gulf News has learnt.
Asian economic activity has a big influence on the purchase of gold. At the London Gold Bullion Traders Conference in Kyoto, I was amazed to find the magnitude of the shortage of gold and silver coins. In Germany, they aren’t having the crisis we’re having here, but Germans were lining up to buy gold.
As the crisis in financial markets deepens and the value of stocks rapidly drops, many people in Germany are turning to gold as a traditional form of safe investment.
In Berlin, supplies of gold bars have been cleared and the city's goldsmiths report delivery times as high as six weeks.
Demand remains high in spite of the recent spike in the precious metal price, which now floats around 888 dollars per ounce.
Asim Jang said due to the international volatility in the gold market, there was shortage of physical gold bars but NCEL has already made arrangements from the refinery in Switzerland. “The refinery has been supplying commodity to NCEL in collaboration with its gold bars sector.”
The gold and silver shortage has not abated, and if you can find gold or silver at the retail level, consider yourself fortunate.
1. We must report that there are no Gold or Silver Coins in dealer vaults or at the mints. Demand has simply overwhelmed the physical supply-every dealer has sold everything!
2. To complicate the shortage, the U.S. Mint halted minting 2008 American Eagles for the year.
One of the reasons I continue to believe that gold is on the verge of a substantial jump in price has to do with the divergence between paper and physical gold. The other day I had a client call the Denver mint in search of gold and silver coins and was advised that gold eagles cost US $1,195.00/ounce, while silver eagles are at US $25.95/ounce; take it or leave it. Also, coin shops in Florida simply do not have any gold and silver coins to sell. I know that the paper markets are subject to manipulation, but the reality can be found in the physical market. Gold may have turned around on Friday with its almost upside reversal, or it may fall down to 642.80 before we finally see a bottom, but gold is the only protection an investor can find in the deflationary world. Therefore everybody should be accumulating it on a regular basis according to their respective pocket books.
The current dichotomy between paper [Comex] and physical precious metals markets is being caused by an intentional bottleneck at the wholesale level. Wholesale gold and silver is being hoarded to fund precious metal suppression schemes, such as sales and leasing, and to maintain dominance of the commercials in the paper markets by preventing a failure to deliver. In essence, this bottleneck between the wholesale and retail levels of the market in precious metals amounts to a de facto confiscation of gold and silver from the masses.Robert Chapman - October 29 2008
CALIFORNIA: Popular gold and silver coins such as the one-ounce gold and silver American Eagles produced by United states Mint is not available for sale in the market and those who sell do it at a premium of 50 percent or more on spot price, according to Michael Maroney, Vice President, Monex Deposit Company.
"One-ounce and smaller gold and silver coins . . . ten-ounce and hundred-ounce silver bars . . . ten-ounce ingots and 32.15 ounce "kilobars" of gold have virtually disappeared from the marketplace," explains Maroney. "They're in private hands now, and people are holding onto them, unwilling to sell them back into the market."
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Must see video [59 mins] on the economic collapse in Argentina in 2001. It all started with a loan from the British Barings Bank in 1824.
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And ended with the collapse of the Argentina economy in 2001. Watching this video I had a feeling of reverse deja vu. What happened in Argentina is what I believe is coming to the United States soon after the derivatives time bomb goes off.
Documentary on the events that led to the economic collapse of Argentina in 2001 which wiped out the middle class and raised the level of poverty to 57.5%. Central to the collapse was the implementation of neo-liberal policies which enabled the swindle of billions of dollars by foreign banks and corporations. Many of Argentina's assets and resources were shamefully plundered. Its financial system was even used for money laundering by Citibank, Credit Suisse, and JP Morgan. The net result was massive wealth transfers and the impoverishment of society which culminated in many deaths due to oppression and malnutrition. The same thing from happening in the United States right now.
http://www.Kick Them All Out
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U.S. Stocks Rally Most Since 1930s on Bank Plan; Dow Gains 936
Oct. 13 (Bloomberg) -- U.S. stocks staged the biggest rally in seven decades on a government plan to buy stakes in banks and a Federal Reserve-led push to flood the global financial system with dollars.
Posted by
Kerux
at
5:18 PM
Labels: economics, finance, force majeure, Jewish banking
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Nouriel Roubini: The world is at severe risk of a global systemic financial meltdown and a severe global depression
AP: Dow plunges 679 to fall to lowest level in 5 years
"Everything we're seeing is historic. The problem is historic, the solutions are historic, and unfortunately, the sell-off is historic. It's not the kind of history you want to be making."
"It's a financial panic," said Choi Min Jai, who oversees the equivalent of $2.1 billion at KTB Asset Management Co. in Seoul. "The recession can only get worse. You can't find the link that will break the vicious cycle."
"It's getting worse and worse as import costs are surging everyday because of the plunging won and expensive credit," Lee Won Jae, an analyst with SK Securities Co., said by phone from Seoul today. "Local banks are reluctant to provide new financing for imports."
"I think people are trying to liquidate positions, but there just aren't any buyers there. It's the nature of the markets that there are very few people willing to buy stocks," said Andrew Sullivan, a sales trader at Main First Securities. "A lot of people sitting on cash are happy to be sitting on cash at the moment." He added the selling was likely intensified because of a holiday in Japan on Monday.
"Europe is in the midst of a once-in-a-lifetime crisis," 256 of the continent's leading economists said Tuesday in an open letter to EU leaders.
"Unless European leaders immediately unite to address this crisis before it spirals out of control, they may find themselves fighting over how best to salvage the aftermath," the economists said. They evoked "the dark years of the 1930s," adding: "It is not an exaggeration to say that it could happen again if governments fail to act."
“Big discounts fail to lure shoppers,” reports the Wall Street Journal . Restaurants are empty. Shopping malls are not even attracting strollers and gawkers – let alone people with money to spend. Auto lots are so quiet the salesmen take turns pretending to be customers – just to keep their skills at-the-ready. Even the private jet business is in a tailspin."
9 out of 10 Americans now believe the country is headed in the "wrong direction" economically, while, according to CNN/Opinion Research Corp. poll, which surveyed more than 1,000 Americans over the weekend, a majority of people now "believe another economic depression is likely" and that we will experience "25% unemployment rate, widespread bank failures and millions of Americans homeless and unable to feed their families."
SEOUL (Reuters) - As the global financial crisis picks off victims among U.S. and European financial institutions, analysts fear South Korea's banks could be the next casualties.
LONDON - European stock markets slumped in early trading Friday following massive sell-offs on Wall Street and Asia as lending rates between banks continue to rise despite this week's efforts by central banks to break the logjam in credit markets.
"Overall it's the fact that despite the huge fire-fighting efforts of central banks worldwide we still haven't seen any thawing of interbank lending that is going to be causing the most concern now," said Matt Buckland, a dealer at CMC Markets in London.
"Investors were gripped by fear," said Yutaka Miura, senior strategist at Shinko Securities in Tokyo.
"I don't know what they can do. The actions of governments and central banks have had no effects, they haven't freed up credit markets and not inspired confidence in stock markets," said David Jones, chief markets strategist at IG Index.
Few places escaped the deepening gloom. In Australia, where the S&P/ASX200 plummeted a record 8.3 percent, market watchers were calling it "Black Friday." Key indices in Hong Kong, Singapore, the Philippines and India were all down about 8 percent. South Korea's Kospi closed down 4.1 percent, while the Shanghai Composite Index posted a more moderate decline of 2.8 percent.
The Japanese yen and gold remain in demand as safe-haven assets.
The U.S. crisis revealed that the imperialism bases are falling down and U.S. President George W. Bush and the IMF should be responsible for the world financial crisis, Chavez said.
·The Dow Jones industrial average closed down 678.91 points, or 7.33%, at 8,579.19.
·The S&P 500 Index plunged 75.02 points and the Nasdaq Composite Index tumbled 95.21 points.·Over past seven days, the Dow shed almost 21% and the S&P 500 nearly 22%
"I think this is all-out panic," said Jim Paulsen, chief investment strategist for Wells Capital Management in Minneapolis. "It's gone from economic problems creating fear to fear creating economic problems."
"While the global automotive industry is clearly experiencing a slowdown in 2008, the global market in 2009 may experience an outright collapse," said Jeff Schuster, executive director of automotive forecasting for J.D. Power.
Posted by
Kerux
at
7:13 PM
Labels: economics, finance, Jewish banking
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Not everyone was fooled by Mr. Bubbleman. Peter Hartcher published this book May 2006.
Posted by
Kerux
at
2:27 AM
Labels: economics, finance, humor, Jewish banking
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Dow Drops
Humpty Dumpty sat on a wall,
Humpty Dumpty had a great fall,
All the king's men,
All the king's horses
Could not put Humpty Dumpty
Back together again.
Posted by
Kerux
at
1:54 PM
Labels: economics, finance, Jewish banking
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For the most part, people, including businessman and investors, make economic decisions, invest or spend their money based on a continuum between fear on the one end and greed on the other. To make prudent economic decisions, one must strike a proper balance between fear and greed. With too much fear, inaction results, too much greed and the risk of ruin is greatly increased.
Peter Schiff, found here: Don't Blame Capitalism added to this missive on October 16th
Just as prices in a free market are set by supply and demand, financial and real estate markets are governed by the opposing tension between greed and fear. Everyone wants to make money, but everyone is also afraid of losing what he has. Although few would ascribe their desire for prosperity to greed, it is simply a rose by another name. Greed is the elemental motivation for the economic risk-taking and hard work that are essential to a vibrant economy.
Wall Street bankers for the last several years have been basically gambling without fear. They have traded their mortgage backed paper away by bundling them all together the good and the bad, had them rated by their gambling buddies at Fitch, Moodys or Standard and Poors and then sold them off to the unsupecting saps in Japan and China, and others around the world, who thought they were buying Triple AAA rated material when in fact, they were purchasing nothing more than doogie poo painted gold. These saps had no fear in buying this doggie pooh, as they were rated by the best of the best to be the best of the best. Stamped Triple AAA by Moodys or S&P - how much better does it get?
Not content with just mortgages to bilk billions, these Masters of the Universe fearlessly started selling collateralized debt obligations - CDOs - composed of mortgage backed securities, commercial real estate debt and high yield corporate loans. The Masters gave these gold plated dog turds a fancy name - special purpose vehicles - [the special purpose was, of course to bilk the buyers of such toxic waste, but that was just an insider's secret to be shared around a high prized cocktail at an after work dinner club near Wall Street.] These CDOS couldn't fail because the firm's hot shot MBAs said the trances' algorithms showed that the rate of failure was next to zero. If a M.I.T hotshot gave the green light, it was petal to the metal without fear.
With all fear gone, greed kicked in. And boy are these Jewish Wall Street firms greedy. Investors, underwriters, asset managers, trustees and collateral administrators, accountants and attorneys were all were part of the scam. After Phil Gramm successfully undid the Glass-Steagul Act, removing the very restrictions imposed during the Great Depression to prevent greed from taking over in an incestuous and now unregulated market, they started trading these unregulated "insured" dog turds among themselves sometimes acting as both insurer and broker - to pay for their Lamborghinis. Things were never better.
Until Bear Stearns.
Then the party was over. All hell broke loose. Fear now entered where no fear existed previously - Wall Street. One by one, the 'too big to fail' firms were failing and needed to be bailed out by the American sheople. Following Bear Stearns we had the nationalization of Freddie Mac and Fannie Mae; then we had Lehman Brothers Holdings Inc filing for bankruptcy protection; next an $85 billion loan to American International Group Inc; U.S. Treasury Secretary Henry Paulson calls for the government to spend billions of dollars to take toxic mortgage assets off financial companies to restore financial stability; Goldman Sachs Group Inc and Morgan Stanley become bank holding companies regulated by the Fed; The FBI says it is expanding its probe of possible corporate fraud related to the U.S. mortgage market collapse; [maybe that struck some fear in the Masters of the Universe]; Washington Mutual is closed by the U.S. government in the largest failure of a U.S. bank.
Henry Paulson and Ben Bernanke then create the fear of catastrophe in Americans and push for Paulson's Plan, which is seen by the American sheople for what it is, the biggest power grab by the Banksters in American history and a scam to pay those who created the fiasco in the first place; the U.S. House of Representatives rejects the $700 billion rescue plan and rightly so. Dow Jones posts its largest point decline ever while the S&P 500 has its worst day since 1987 with an 8.8 percent drop, which creates more fear among both the Congress and the sheople. Those in the know know that the Plunge Protection Team caused this worst day drop to create an atmosphere of fear.
Amid this state of panic and fear, along with bribes and backroom kick backs, the President and Henry Paulson used fearmongering to get the U.S. Senate passes the bailout plan which was soon followed by House approval and signature by George W. Bush.
In short, those who had no fear, Wall Street, used fear to push through the biggest financial scam in American history. But they aren't through yet. An evern bigger scam and more fearmongering is coming our way. The dollar is going to be purposely collapsed to bring economic chaos to the United States. During this crisis, solution will be offered by the very same people who brought us the TARP - the Jewish Wall Street Masters of the Universe through their agent ex-CEO of Goldman Sachs, Henry Paulson.
They will once again use fear to push Americans into accepting the new currency for the new North American Union which will be tauted as the cure for what ails America. Those still unfortunate to be holding US Federal Reserve Notes will be offered a choice - trade in their now worthless dollars for the Amero, at a few cents on the dollar or accept total loss.
This modus operandi - creation of a problem, ensuring panic and fear, offering of a solution by the same people who caused the problem and, because of the conditioning of the sheople, the solution is accepted, because the sheople like to be led to safety.
This is the same m.o. used during the Great Depression caused by the Federal Reserve restricting credit, then offering the solution through their Jewish president, Franklin Rossenvelt, and the results were the New Deal, or communism disguised as social welfare programs with the resulting alphabet soup bureaucracies.
This is the same m.o. that was used seven years ago during 9/11. International Jewry, through their Zionist agents - the Mossad - and the Bush Administration, plan and carry out the attacks of 9/11, blame, through the Jewish controlled media - "19 Arabs with box cutters" - a conspiracy theory, but an acceptable conspiracy theory, and the result is a 'war on terror is launched that will not end in our lifetime, accepted by the sheople because of the fear of smoking gun in the form of a 'mushroom cloud' over an American city.
Americans, wake the heck up, you're being scammed through fearmongering. In fact, I think a coup occurred with the passage by the House of Representatives on October 3, 2008 of the TARP.
"The fear of man bringeth a snare." Proverbs 29:25
What is a snare?
a noose (for catching animals), (literally or figuratively); by implication a hook (for the nose) Strong's Concordance of the Bible
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Through fear, an animal as strong as a bull can be led around by the nose. If only Americans realized that they have the power of a bull, if they would simply let go of their fear.
Posted by
Kerux
at
8:50 AM
Labels: corruption, fear, fearmongering, finance, Government, International Jewry, traitors, treason, tyranny
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For those of you who watched this video - Amero to Replace Collapsing Dollar
and thought, "well, that Hal Turner is just way out there. I won't believe this stuff about the Amero until I see it on the mainstream media."
This is for you:
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If you still don't believe what your ears just heard and your eyes just saw, then all I can say is that some people have to learn by experience, i.e. the hard way.
Here's more:Will the Dollar be Replaced by the Amero?
Posted by
Kerux
at
2:15 AM
Labels: economics, finance, North American Union