I hear music to my ears. I see George Sores, Bildenburgs and Rothschilds leading the rally to dismantle the IMF. We will get our Liberty Dollar the Ron Paul way. I see very quiet back room talks with Ron Paul that we will never know about. They will see how much more money they can make by talking to him and going through back doors to get it done. After all they are smart and can spot a good deal when they see one. I hear hedge funds already making noise about bypass the banks and do it themselves. Did I say they should do that awhile back? Yes I did and I was scoffed at and dismissed but the seeds were planted. When Sores and the others realize how much more they can make by this revolution put your seat belt on and watch the fireworks light up the globe. I is going to be a wild year and I for one am going to enjoy it. Fool on my friends. [more]
A while back when these people kept sending me information I fanally got pissed off and sent them a reply and told them I (thanks to you MF favorate bloggers) that we were facing a depression. I also set them straight on the actual unemployment figures and everything esle they were missing. Now 2 week after that they started coming out with their new predictions. Thanks to you my friends you made me look good. Here are the people. And here are their predictions.
Massive Risks at America's Megabanks
(bill. of dollars) B of A Citi B of A + Citi JPM 9/30/2008
Total assets 1,831 2,050 3,881 2,251 All derivatives 38,186 39,979 78,165 91,339 Credit default swaps 3,291 2,467 5,758 9,250 Exposure to defaults by trading partners 177.6% 259.5% 400.2%
Fact #1. Too big to save. Bank of America Corp. and Citigroup, Inc. have combined assets of $3.9 trillion, or 43 times the size of the Treasury bailout funds they've received to date. [more]
From our soon to be Treasury person to Caroline Kennedy. They all believe that we need to pay taxes and if we don't we should be tossed into jail. However with the Harvard and Yale group form the 60's to now, the law does not apply to them. I say it is time for a good old Boston Tea Party. Thank you all who have serverd. I have not said it in awile and I think of all of you everyday. LQ.
Housekeeper and Taxes Are Said to Derail Kennedy’s Bid By DANNY HAKIM and NICHOLAS CONFESSORE Published: January 22, 2009 ALBANY — Problems involving taxes and a household employee surfaced during the vetting of Caroline Kennedy and derailed her candidacy for the Senate, a person close to Gov. David A. Paterson said on Thursday, in an account at odds with Ms. Kennedy’s own description of her reasons for withdrawing.
The account emerged 14 hours after Ms. Kennedy announced that she was taking her name out of contention for the Senate seat vacated by Hillary Rodham Clinton, and as Mr. Paterson appeared to be leaning toward selecting Representative Kirsten E. Gillibrand, an upstate lawmaker in her second term in Congress. [more]
IMF Approves €402.5 million Stand-By Arrangement for Serbia Press Release No. 09/12
January 16, 2009
The Executive Board of the International Monetary Fund (IMF) today approved a 15-month SDR 350.8 million Stand-By Arrangement (about €402.5 million or US$530.3) to support the authorities' program aimed at maintaining macroeconomic and financial stability. The approval makes SDR 233.9 million (about €268.4 million or US$353.3) immediately available. However, the Serbian authorities intend to treat the arrangement as precautionary, and not to draw on Fund resources unless the need arises. [more]
The next shoe to drop. Unless you follow the banking industry closely, you probably haven't heard of the Federal Home Loan Banks. But the FHLBs are vitally important as a source of funding for U.S. banks both large and small. There are 12 of them spread around the country — in Atlanta, Boston, Chicago, Cincinnati, Dallas, Des Moines, Indianapolis, New York, Pittsburgh, San Francisco, Seattle, and Topeka.
The FHLBs own billions and billions of dollars worth of mortgage backed securities. Those securities have plunged in value. So just like their banking customers, FHLBs are facing potentially huge write-downs on their portfolios. They may also be losing money on derivatives they employ. [more]
Most of the bill is not for roads and bridges so congress lies to us again. What else is new? Then If these people succede then what will happen to infrastructure stocks? Dive Baby Dive,
ysThe Done Deal is Coming Undone - We Demand Transit First, Not Freeways Faced with the twin meltdown of climate and economy, the Premier and the Prime Minister seem intent to drive us over the edge by refusing to rethink the Gateway Project. [more]
What have they been keeping from us again and how will this do with our banking system? [more]
This is an old report but With as bad as it is getting out there it is good to review. This is taken from the Plim Report. http://www.plim.org/01%20usa_dollar_devalua.htm I will add my own spin on it in black. First part. Yahweh said to Israel that they perished for a lack of knowledge (Hos. 4:6). I think they are wrong the latest numbers I saw from the ex comptroller of the U.S. was a total debt of gov. and you and me at 53 Trillion. Was it IOUSA? not sure exactly where. Most Americans, no matter their vocation, are totally ignorant of the current plight of the US dollar, especially in relation to the Euro. In short there is dollar crisis in the world economy due to the level of debt of America, who is the largest debtor in history, owing between $70-$100 trillion.. What you don't know can hurt you. Americans have no knowledge that the US private control central bank, the Federal Reserve Bank, creates money out of this air and it is the chief cause of inflation in America and the creator of various financial bubbles in stock market and real estate. What do we expect from a media cartel?
The reason that Americans are ignorant of the current dollar and economic crisis is that the US controlled media has not reported on it. The US media is controlled by five or six major corporations; Disney owns ABC, CBS is owned by Viacom, GE owns NBC. In short, the truth is suppressed and kept from the American masses. This is the chief cause of the mind control of 99.0% of Americans. [more]
I was looking at TMF Sinchiruna and all I can say is from the looks of things it is going to be 2 times as bad as the Great Depression. All the stock analysis forgot 2 things to factor in that we did not have during the Great Depression and that is Social Security and Medicare. Then they forgot to factor the 2 wars in Afghanistan and Iraq not to mention all the bases around the world. So.... With that then that is 1 1/2 times more that we take in on taxes.Just 3 budgets of the entire government budget. So. How bad do you think it is going to be. Unless there is World War 3 then I think it will be 30% to 40% unemployment. And lets not forget the 10 million undocumented workers living and working here that take away the jobs from the (is it now?) 12 or 13 million unemployed? The way I factored it in my head by all the articles I have read is now the IMF ( The Fed ) who is not part of the Government but as far as I can see an arm of the World Bank now Owns the Entire United States of America due to our Debt. I hope they don't call in that Loan. Poof we would be no longer America. Blessings. Just call me little miss merry sunshine.