Financial topics

[gerald]

Higgenbotham ------------"The current situation is different than anything that has been seen in the past 20 centuries all the way back to the fall of Rome. If I'm right about that, new lows will do nothing but increase from here on out and bankruptcy will follow bankruptcy when things really get rolling."

------ What is going on? ---- from the twilight zone, a push for a one world government?------------ hmmmm -- what ever.

http://www.zerohedge.com/news/2013-12-2 ... erve-taper

"The powers of financial capitalism had (a) far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland; a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank... sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world." - Carroll Quigley, member of the Council on Foreign Relations"

from this 13 minute video http://www.youtube.com/watch?v=AeG5549b0Ng ----------- 3 'City States' Rule the World

Vatican City ---- spiritual
City of London -( not what is commonly called London )--------- financial ( it only occupies about one square mile founded in the 1st century by Rome http://en.wikipedia.org/wiki/City_of_London)
Washington DC ------ military ( http://www.newsfocus.org/us_corp.htm)

A side note in all three cities stands an obelisk (http://www.jesusisfreedom.net/secret-wo ... mples.html ) ( note at the end of Christian prayer the word "Amen" { as in Amen-Ra --- "The word or root amen, certainly means "what is hidden," "what is not seen," "what cannot be seen," and the like"------------------------- http://www.touregypt.net/amen.htm#ixzz2o8SA3oVGand })

There is also an obelisk on the banks of the Yangtze --which I saw --http://books.google.com/books?id=ffOniR ... h.&f=false

hmmmm

Another side note, I have read from various sources that Venus, Earth, Mars, Jupiter, Saturn, Pluto, and the Sun are undergoing changes. hmmm --- interesting.

Also --
The Vatican City has "moon" rocks from the Apollo mission --http://en.wikipedia.org/wiki/File:Vatic ... n-Flag.jpg
and Freemasons went to the moon -- http://freemasonsfordummies.blogspot.co ... -moon.html

hmmm -- whatever

[Higgenbotham]

Gerald, I'm not sure if all that he is saying in the zero hedge article is accurate. I just don't know but do see QE as a "tool" (the Fed even calls it that), one of many, that is designed to shift and concentrate wealth to temporarily prolong a system that is already bankrupt. It may be that this so-called "tool" has concentrated wealth too much where the Fed sees it infecting the core too much. So they have decided to back off a bit and concentrate the wealth a little less to give the peripheral companies in the NYSE a little breathing room and perhaps prolong the bubble a bit more. I doubt the market sees it this way but I think the market instinctively knows this. But it also shows the end game is being reached. There's only so much of a fine line the Fed can walk. History records the Central Bankers as saying after the onset of every crisis, "we did all we could". Getting back to the zero hedge article, he seems to be saying that rather than go through hyperinflation, the Fed is deliberately setting up a bankruptcy event by tapering the QE. I think instead the Fed is trying to delay the inevitable event as long as they can and, while it might not be obvious, tapering the QE is what they determined would do that and the stock market responded in the affirmative. That doesn't mean we don't crash soon though. I think if the tapering were to really prove longer term positive effect, the new Hindenburg signal would not have appeared the day after the tapering decision.

[Higgenbotham]

About Black Swan events, here is an alternate theory to consider, or maybe John has already said something similar to this. Many, in fact most, seem to be of the opinion that Black Swan events are unpredictable and themselves trigger a crash. But maybe it plays out by the system first showing fragility in its weaker individual components where there is no indication of problems on the surface. After that, the system becomes susceptible to the so-called Black Swan event whereas otherwise the same event would have no impact. The cluster of Hindenburg signals with the additional signal Thursday may be saying the market is now susceptible to a Black Swan event, whenever it comes, regardless of what the Fed does from here on out.

This dynamic of margin call and price reductions contributed to the collapse of two Bear Stearns hedge funds in July 2007, an event which economist Mark Zandi referred to as “arguably the proximate catalyst” of the crisis in financial markets.

http://en.wikipedia.org/wiki/Subprime_m ... March_2008

This is what I knew in July 2007 as related below in the discussion here a few years back. What I didn't know was that the Hindenburg signals had triggered.

Going back to July 2007, the derivatives mess was piling up and the potential existed for it to spring a leak. At that time, few people in the world understood what a CDO was or what the loss of value in these derivatives would mean. But there were people who did and they were waiting. On July 17, 2007 the stock market was very near all time highs. That evening, news broke that 2 Bear Stearns hedge funds that were invested in CDOs had lost billions. S&P futures immediately went down. There was discussion on Internet forums as to why the futures were falling. It was attributed to a couple tech companies posting lower than expected earnings. You can still look at that breaking news story on Bear Stearns today; it is still posted on cbsmarketwatch.com and there was not one comment on that story. Usually, a marketwatch story draws dozens of comments. This story is an example of leading news. Granted, by the time the news announced that Bear Stearns was bankrupt 9 months later, that news was a lagging indicator and it was plastered on the front pages of newspapers worldwide, and there were probably hundreds of comments on the marketwatch story that appeared that day.

http://gdxforum.com/forum/viewtopic.php ... arns#p2433

[aedens]

http://thebookofdenial.blogspot.com/200 ... -from.html

Scope and scales of normalcy bias. To many do not and cannot understand what walking in circles truly is any more.
The silent war still claims victims since we know the absence of reason is the definition of separations.
Grace is no stranger as to the dignity of others Liberty. To few cannot fathom if he knocked on his own door
would they see? History is just that testimony. The suppressive of Republicanism has a dire cost few have the resolve to
envision. As we noted many ignored some important works to our current induced unraveling period.

[gerald]

Higgenbotham -- History is what has survived and was recorded and translated by those who did, for whatever reason. The truth? who knows. People in back rooms , and other forces, may have more influence then we think.

I just threw out some bones, -- whether they be true or not, who knows? We live in a maze of mirrors. But it is interesting.

cheers

P.S.

As to the future, it will not be what we think.

[Higgenbotham]

In March 2005, a nuclear warhead almost exploded in Texas. The near miss accident occurred in Amarillo, when workers at the Pantex nuclear weapons plant bungled the dismantling of a W-56 warhead, a weapon 100 times stronger than the atomic bomb dropped on Hiroshima during World War II.

If the worst were to happen at Pantex because of our quiet acceptance of adverse safety conditions, the consequences are almost too awful to speak, but must be declared: the loss of a billion-plus dollar facility that services our nation’s defense needs, the loss of the entire plant populace (3200 plus souls), the loss of the large populations in the immediate vicinity of the plant, the loss of a major east-west transportation corridor for the U.S., the contamination and therefore loss of major portions of the city of Amarillo, and the contamination and therefore loss of … approximately 200 thousand square miles of national agricultural assets and farming cities and communities in between.

In short, an accidental nuclear detonation at Pantex … could bring the nation to its knees.

Would it have? I thought yes at the time and still do because the consequences would have been large enough to alter the cycle. Or would the housing bubble have continued on as it did through 2006 and 2007 until the Bear Stearns hedge funds unraveled, a minor event in comparison, but at the "right time" in the cycle?

http://grist.org/article/dept-of-holy/

A related question would be, in either case, can the financial powers control either the trigger and its timing, or the response of the masses to it? It doesn't seem like they can.

[aedens]

"The Martyrdom of Polycarp," the oldest extant account of Christian martyrdom, written in the form of a letter from the Church of Symyrna to the Church of God at Philomelium in Greater Phrygia.

[Second] Letter to the Philippians (135 A.D.)
Chapter 6 [his advice to priests and laity]
"And let the presbyters be compassionate and merciful to all, bringing back those that wander, visiting all the sick, and not neglecting the widow, the orphan, or the poor, but always 'providing for that which is becoming in the sight of God and man; ' abstaining from all wrath, respect of persons, and unjust judgment; keeping far off from all covetousness, not quickly crediting [an evil report] against any one, not severe in judgment, as knowing that we are all under a debt of sin. If then we entreat the Lord to forgive us, we ought also ourselves to forgive; for we are before the eyes of our Lord and God, and 'we must all appear at the judgment-seat of Christ, and must every one give an account of himself.' Let us then serve Him in fear, and with all reverence, even as He Himself has commanded us, and as the apostles who preached the Gospel unto us, and the prophets who proclaimed beforehand the coming of the Lord [have alike taught us]. Let us be zealous in the pursuit of that which is good, keeping ourselves from causes of offence, from false brethren, and from those who in hypocrisy bear the name of the Lord, and draw away vain men into error."


ricaduta favorevole, which is literally translated “favorable overflow.”

It s what we do with scarce resources.

[Higgenbotham]

Gerald, regarding the Fed, we do know this much:

Bernie Sanders: "My question to you is, will you tell the American people to whom you lent $2.2 trillion of their dollars?"

Ben Bernanke: "No."

Believe me, I don't post this to be a smart ass or with a grin on my face. This is a horrible tragedy for 7 billion people to have fallen into this trap.

http://uk.reuters.com/article/2009/03/0 ... 5020090303

[Higgenbotham]

http://www.nytimes.com/2013/12/21/busin ... .html?_r=0
http://www.telegraph.co.uk/finance/fina ... storm.html
http://www.telegraph.co.uk/finance/mark ... -risk.html
http://www.reuters.com/article/2013/12/ ... AV20131220

[Reality Check]

.
Democrats, Independents and Republicans, Each Independently - Fear U.S. Government
.
These Gallup Polls are stunning. A landslide proportion of Democrats now fear the U.S. Government more than any other risk to the United States:

http://www.gallup.com/poll/166535/recor ... hreat.aspx

If a triggering event occurred now - the confidence in the U.S. Government's ability to fix it would be negligible.

Obamacare may just destroy the United States - but not in the way most frequently predicted.