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protos
16-01-2010, 06:20 AM
http://eclipptv.com/viewVideo.php?video_id=9493



Even as Barack Obama makes a
public show of calling out major US banks, some analysts remain skeptical about his sincerity. Gerald Celente says that Wall Street owns Washington and real reform has yet to be put in place.

motleyhoo
16-01-2010, 06:45 AM
Both parties have a basket of major industries that they choose to bow down to for promises of election/re-election and money. The Democrats chose the financial services industry several years ago to be their number one cash cow. I saw a list after the elections of Obamas 20 largest contributors and the top 10 were all Wall Street banks and investment firms. Goldman Sachs was #1 and you can see the results right in our faces. All of Obama's economic policies look as if they were actually written by Goldman Sachs. Half of his cabinet were Goldman Sachs employees. Paulson, Geihtner, Bernanke...all ex-Goldman Sachs executives. Top govt positions are now connected by a revolving door between govt agencies and the private sector and they just trade jobs back and forth in order to enrich themselves with our money.

Here's an example of this that just happened a week ago. After using fear-mongering and propoganda to push Merck's vaccines, the head of the CDC just quit to take a 6-figure job at Merck as Director of its vaccine marketing program. That is an exact example of the kind of revolving door Corporatocracy I am talking about.

This is what is actually taking down our economy and destroying our country, and it is getting worse and worse because there is no protection in place to stop it, and the corporate controlled media does not report on it, so it's not in people's minds.

.

ritchs
16-01-2010, 07:26 AM
Both parties have a basket of major industries that they choose to bow down to for promises of election/re-election and money. The Democrats chose the financial services industry several years ago to be their number one cash cow. I saw a list after the elections of Obamas 20 largest contributors and the top 10 were all Wall Street banks and investment firms. Goldman Sachs was #1 and you can see the results right in our faces. All of Obama's economic policies look as if they were actually written by Goldman Sachs. Half of his cabinet were Goldman Sachs employees. Paulson, Geihtner, Bernanke...all ex-Goldman Sachs executives. Top govt positions are now connected by a revolving door between govt agencies and the private sector and they just trade jobs back and forth in order to enrich themselves with our money.

Here's an example of this that just happened a week ago. After using fear-mongering and propoganda to push Merck's vaccines, the head of the CDC just quit to take a 6-figure job at Merck as Director of its vaccine marketing program. That is an exact example of the kind of revolving door Corporatocracy I am talking about.

This is what is actually taking down our economy and destroying our country, and it is getting worse and worse because there is no protection in place to stop it, and the corporate controlled media does not report on it, so it's not in people's minds.

.

I have to agree and realize things are not looking good. There really is no protection in place now. The press is nothing but a propaganda machine, no debate is taking place. I wonder if we have passed the point of no return.

Television news is obsessed with celebrity gossip while Rome is burning

gestaltdude
16-01-2010, 12:38 PM
and we're surprised at this news because..?

uksecretcourts
16-01-2010, 03:43 PM
Gerald Celente is excellent.

Several indicators that he's right on the money. Neither of which look good for Obama.

1. Obama has ordered 1 million troops to return to the USA - deadline of 30th January 2010 - ie about 2 weeks time.
Why?

2. Interpol has been given total legal immunity with the US, so you can't even raise an FOI. No police force, including Interpol should be given total immunity - they can literrally destroy evidence without recourse.
Why?

3. The fake Gold bars said to have been found by China.
No one can find out if this story is true. If it is, oh dear, we are in trouble.

http://http://www.daily.pk/fake-gold-bars-in-bank-of-england-and-fort-knox-14477/

4. It's been several decades since an audit of Fort Knox has been allowed.
Why?

ritchs
16-01-2010, 08:06 PM
Gerald Celente is excellent.

Several indicators that he's right on the money. Neither of which look good for Obama.

1. Obama has ordered 1 million troops to return to the USA - deadline of 30th January 2010 - ie about 2 weeks time.
Why?

2. Interpol has been given total legal immunity with the US, so you can't even raise an FOI. No police force, including Interpol should be given total immunity - they can literrally destroy evidence without recourse.
Why?

3. The fake Gold bars said to have been found by China.
No one can find out if this story is true. If it is, oh dear, we are in trouble.

http://http://www.daily.pk/fake-gold-bars-in-bank-of-england-and-fort-knox-14477/

4. It's been several decades since an audit of Fort Knox has been allowed.
Why?

They don't care about public opinion too much. They are almost operating with impunity at this point. Never has freedom been so close to the brink of being lost. I'm genuinely worried now. This governor directive, presumably to prevent succession, the immunity for interpol, and several other things tells me we are very very close. The ramping up for Yemen, all the troops concentrated together in the east, they are not doing all this stuff for the exercise. We are now right on the edge.

My opinion is that 'they' will not wait for the economy to collapse and all the corruption and incompetence to stink up the air and show them for what they are. They will never wait for angry mobs to form over the criminal robbing and looting. They are way ahead of us. They will be making their moves now to create a mass distraction.

Gerald Celente, Bob Chapman, Peter Schiff, they have the puzzle figured out on the money aspect

And the seventh angel poured out his bowl upon the air; and a loud voice came out of the Temple from the throne, saying, “It is finished.” Revelation 16:17

uksecretcourts
16-01-2010, 10:34 PM
Have you considered China's reaction to the collapse of the western economies?

She's the biggest creditor - and all that money will be lost. She will be incensed with this.

So, as the Chinese follow Asymmetrical warfare, we can expect a response. Within a day, China has the "nuclear" option of selling her $1.43trillion us bonds.

China holds the key. If she sees her money going down the pan, we'll all pay.

Money has collapsed before, twice before, so this is just the 3rd time lucky. However Celente has made the point that this time we don't produce anything, and we'v got massive debts.

The chinese option is a basket of currencies that includes gold and silver, and I could see this working.

However for those countries with massive debts, implosion to a lesser or greater degree seems the only probable outcome. It's come to this... the banks fail, or the entire country fails.
This time i vote that we let the banks fail during 2010. They've bought a year, but sacrficied several countries to do so. Greece has been sacrified to save Germany. Latvia, hungary, Iceland, there's no way the taxpayers can service the debt and the UK is on her way to following them.
UK figures came out - the economy decreased by 4.8% the biggest decrease since 1921. In fact, this year we had a worse year than they had during the great depression.
So I think "recession" is a bit of oxymoron. Even Germanys economy shrank 5%, as they're a major exporter, and the global economy just isnt' buying.
IMHO 2009 was the "calm before the storm", rather than a recovery.

Is this how everyone else is reading the situation? Am I reading it right?

ritchs
16-01-2010, 10:52 PM
Well, Gerald Celente has been saying right along that the collapse has already happened. In a manner of speaking, 'the tree has been severed and we are just waiting for the branches to hit the ground' He says that they used the tarp money and other mechanisms such as "monetizing debt" (running the printing presses) to buy time. He, and others are saying we are going to see the inevitable, probably within 2010, unless China, the biggest creditor, comes to the rescue. This will be with their self interest of course, as they do not want to see the dollars they're holding turn to ashes. They will likely wind up owning the west.

It's easy to foresee the pandemonium in the streets of China and their regime destabilized by the social unrest of a world depression.

dynamicwiseman
16-01-2010, 10:55 PM
The UK economy grow by +0.3% in December 2009 so things are looking up. Unemployment has stop raising and people on benefits have decreased by 80,000. So yes by 2011 our economy should be back to full growth i.e. +4.3% hence end of the great recession. :)

romas
16-01-2010, 11:46 PM
How trustworthy are those numbers?

dynamicwiseman
17-01-2010, 12:32 AM
How trustworthy are those numbers?

There from the CBI, which is a leading economic think tank, their numbers are rarely wrong. Also I gathered most of the data during my economic research i do everyday as it is critical when building a business.

romas
17-01-2010, 02:07 AM
There from the CBI, which is a leading economic think tank, their numbers are rarely wrong. Also I gathered most of the data during my economic research i do everyday as it is critical when building a business.



Alright, cool :)

ritchs
17-01-2010, 05:06 AM
If what I can find , CBI is a business lobby organization. That means they represent big business, many of the which are the same people who have caused the various crises that we are facing.


We have many experts here in the states that agree that the economy is indeed growing and getting better every day, that we are currently experiencing a rough patch, and that will soon change: Geithner, Greenspan, Bernanke, Paulson :)

dynamicwiseman
17-01-2010, 11:26 AM
I'm not naive to think the economy would simply recover over night and we all go back to our mass consumption ways, which is impossible considering the level of information people have been exposed too this time round; remember the 1990 recession? When the recession kicked in during the banking crises, of 2008, the American/UK people saved more of there money that ever before. We Britons saved a massive 280 billion pound sterling an increase of 1800% to our current accounts. The American people saved in similar fashion, this is the free market at work. The free market drives people to act rationally, in times of crises. This recession has opened allot of eyes for a whole lot of people considering our spending habits in the last 20 years, we will be savers once
more.

What can you really do about Greenspan, Bernanke, Paulson? Well educate ourselves about how the free market works and more importantly understand the business cycle in a modern industrialised country. There is a recession at the beginning and end of a decade i.e. (1979-1981 >> 1989-1991) (1999-2001 >> 2008-2011)

ritchs
17-01-2010, 10:01 PM
I'm not naive to think the economy would simply recover over night and we all go back to our mass consumption ways, which is impossible considering the level of information people have been exposed too this time round; remember the 1990 recession? When the recession kicked in during the banking crises, of 2008, the American/UK people saved more of there money that ever before. We Britons saved a massive 280 billion pound sterling an increase of 1800% to our current accounts. The American people saved in similar fashion, this is the free market at work. The free market drives people to act rationally, in times of crises. This recession has opened allot of eyes for a whole lot of people considering our spending habits in the last 20 years, we will be savers once
more.

What can you really do about Greenspan, Bernanke, Paulson? Well educate ourselves about how the free market works and more importantly understand the business cycle in a modern industrialised country. There is a recession at the beginning and end of a decade i.e. (1979-1981 >> 1989-1991) (1999-2001 >> 2008-2011)

These business cycles are subject to the manipulations of the illuminati through their control of policy and the money printing presses. There are supposedly the cause of the worlds depression in 1929. But never before have the Banks and Wall Street been in such total control as now. They have the politicians, media right in their pocket, which wasn't the case in 1929. We are not without power as you suggest, and that's a very good point indeed. If we took the stance to buy American or or British or European goods we could send the whole manipulation crashing to the ground.

The reaction of people to not spend is definitely at work now. What I would love is to see the "Buy American" or "Buy British" attitude come into play. It would sort out much of this mess. The factories and jobs would return to the west

uksecretcourts
17-01-2010, 10:32 PM
http://www.howestreet.com/articles/index.php?article_id=12147
Is the "The Times" neutral enough?

United Kingdom

The Times Online is reporting Britain's recession the steepest for 88 years

Britain's economy fell last year at the sharpest rate since 1921, despite hopes that it finally emerged from recession in the last three months of the year, according to a respected economics forecaster.

For the year as a whole, the economy contracted by 4.8 per cent, a bigger fall than in any year of the Great Depression and the biggest contraction for 88 years.


++++

Germany

The New York Times is reporting German Economy Contracts 5 Percent in 2009.

Germany's economy contracted 5 percent in 2009 amid the global economic downturn, by far its worst performance since World War II, official data showed Wednesday.

''What was striking in 2009 is that both exports and capital formation in machinery and equipment slumped heavily,'' the office said in a statement. ''Foreign trade, which in previous years had been a major driving force for growth in the German economy, slowed down economic development in 2009.''

uksecretcourts
17-01-2010, 10:38 PM
It's easy to foresee the pandemonium in the streets of China and their regime destabilized by the social unrest of a world depression.

This is a very interesting point...

I saw a video issued by the chinese govt telling it's people to buy silver. It's been out for a couple of months, so that would indicate the Chinese govt is telling it's people to cash in currency ahead of time.

motleyhoo
18-01-2010, 02:32 AM
There from the CBI, which is a leading economic think tank, their numbers are rarely wrong. Also I gathered most of the data during my economic research i do everyday as it is critical when building a business.

They're also the results of a fake bubble economy that's almost entirely made up of stimulus funds and quantitative easing, which means they have no relation to what's really happening on the streets. Also, think tanks are almost always beholden to big business. It's how they get paid. You cannot let banks borrow at 0% and then call the results growth. Where I come from that's called cooking the books.

.

ritchs
18-01-2010, 02:42 AM
http://www.howestreet.com/articles/index.php?article_id=12147
Is the "The Times" neutral enough?

United Kingdom

The Times Online is reporting Britain's recession the steepest for 88 years

Britain's economy fell last year at the sharpest rate since 1921, despite hopes that it finally emerged from recession in the last three months of the year, according to a respected economics forecaster.

For the year as a whole, the economy contracted by 4.8 per cent, a bigger fall than in any year of the Great Depression and the biggest contraction for 88 years.


++++

Germany

The New York Times is reporting German Economy Contracts 5 Percent in 2009.

Germany's economy contracted 5 percent in 2009 amid the global economic downturn, by far its worst performance since World War II, official data showed Wednesday.

''What was striking in 2009 is that both exports and capital formation in machinery and equipment slumped heavily,'' the office said in a statement. ''Foreign trade, which in previous years had been a major driving force for growth in the German economy, slowed down economic development in 2009.''

Nice Links!

hadabusa
18-01-2010, 04:09 AM
im starting to question all "advisors" who dont ever mention abolishment of money as an option.

most want2 "restart" capitalism.

:confused:

tenzingnorgay
18-01-2010, 04:39 AM
I'm not naive to think the economy would simply recover over night and we all go back to our mass consumption ways, which is impossible considering the level of information people have been exposed too this time round; remember the 1990 recession? When the recession kicked in during the banking crises, of 2008, the American/UK people saved more of there money that ever before. We Britons saved a massive 280 billion pound sterling an increase of 1800% to our current accounts. The American people saved in similar fashion, this is the free market at work. The free market drives people to act rationally, in times of crises. This recession has opened allot of eyes for a whole lot of people considering our spending habits in the last 20 years, we will be savers once
more.

What can you really do about Greenspan, Bernanke, Paulson? Well educate ourselves about how the free market works and more importantly understand the business cycle in a modern industrialised country. There is a recession at the beginning and end of a decade i.e. (1979-1981 >> 1989-1991) (1999-2001 >> 2008-2011)

The US does not have a free market. The US has a controlled and corrupted market. The UK will not recover in the next few years nor will the US.

motleyhoo
18-01-2010, 07:22 AM
The US does not have a free market. The US has a controlled and corrupted market. The UK will not recover in the next few years nor will the US.

And not only that, but people cannot possibly react rationally to economic news when that very news is full of lies and fictional data, which 80% of people seem to trust (because they're sheeple).

.

uksecretcourts
18-01-2010, 01:10 PM
We have entire countries crashing.

It's something that 2 years ago would have been laughted at.

The PIIGS (Portugual, Iceland, Ireland, Greece, Spain) are the first 5 to go. They might not all crash,but Iceland had already crashed.

The US and UK will follow in the next 5 years.


So what happens if the population turns around and refuses to pay the debts of the banks?

Iceland is leading the way. This might be our best option - declare thecountry bankrupt and refuse to pay up. It's not our debts. The taxpayers are innocent.

hypha
18-01-2010, 01:30 PM
US AND UK ARE ALLREADY BANKRUPT

UK 1869 Bankruptcy Act

US in 1933 or something

Declare yourself Sovereign with an Affidavit of Truth to remove yourself from this extortion aimed society legally then use NO CONTRACT - RETURN TO SENDER for all letters/documents from all courts and all the rest of them fridgecakes. they never ever had jurisdiction. don't be an idiot and do it politically - not gonna work - they will squish u with their massive asses.

It's all Fiat, fake, i didn't realise there was a depression and won't ever because allot of us are not cyborgs anymore, the money didn't tell me by popping out of my wallet and saying oi i'm depressed lol, cyborgs cant feel their insides but can feel the economy, cyborgs are inside out, they are remote controlled using language and fear from school past, remember ALL language is fiat and so is fear if you get this then you are on the way, self awareness doesn't exist in a cyborg otherwise no one would care for the economy (economy only exists corporately), self awareness was removed during education years by mummycyborg and daddycyborg (they didn't know any different) and the teachercyburgers by slowly making you think you don't know anything, but you knew everything! by utilising their there fake language of lies and fake everything to then trap your lovely self into a field of fakeness - everything is fake to you so the real self thinks its fake without knowing the fake shit so you learn the fake shit and forget the real you and then you get all knotted up until one day maybe you will realise what is fake and whats real, its your own choice, nothing is really real apart from your awareness but we know what works in this realm, the truth exists but only in this realm, the way things are like animals and water and gasses like farts which only goes so far btw :P we can then realise what is further fakeness ontop of the already fake truth called reality - if you have more fakeness ontop of the already fake reality you don't have fun anymore - you become a cyborg an arm or leg or phallus of the king cyborg that knows what is faker than that, that is fake lol what is fake like words or alphabet or numbers?? are you an number of do you make sounds that others call numbers or words or lies lol you think you are useless without money, another way to describe money - like wanting to be a planet when you are a human or combing your hair with a baseball bat - that s as much sense it will make as long as it exists - try harder, money is useless without us. no need for it unless you are the Uniform Commercial Codes Trumps and want to manipulate the cyborgs - tenticles - long tenticles created by the UCC founders - their tool that makes the cysheeples buck is fearfull imagination or lack of knowing that language is fiat and so is fear. btw its much more fun when you know how to remove fear or a better explanation transform fear. just a bit of a self push and its all yours - otherwise just stay a cyborg - either way is fine - there is no wrong way lol

Pointless broadcast if you wanna stay a cyborg, just a bit of finger exercise for me in that case. turn the telly off and go outside and take a shit on 10 downing street or the white house - get their custodians a more interesting job. much more fun. x

dynamicwiseman
18-01-2010, 02:32 PM
The negative comments in this thread concerning the economy is filled with naivety and ignorance, this could be due to age or lack of economic training. The business cycle is very real and is not susceptible to manipulation as some seem to think. The economy grows & contracts due to 2 factors. First the supply/demand curve of goods/services in the economy in real terms.This means can business grow without a need to invest extra capital initially, and can consumers spend without breaking the bank. Second, the spending power of a nation as a whole, i.e. can we buy oil/iron/fruits/coco butter with our currency. Our trade deficient plays a big role in how we prosper as a nation. Right now we have a trade deficient with mainland Europe of 200 billion pound sterling.

If we increase our manufacturing sector by 9% in real terms, we could reduce that deficient totally, and increase of 11% will leave us with a healthy trade surplus of 120 billion. These are the facts and they are not based on mythology, superstition or lies.

hypha
18-01-2010, 02:58 PM
lol - the only way to trade is with UCC who makes the rules i wonder? Money will never be part of the human - we will think it is there - we will promise to sweat for it. the banks will promise to use our sweat to pay for our promises. 120 billion IOUs what use is it to the poor people if they cant use it? i'm not trying to make it look bad - just another perception. you make your number feel so real to yourself. it's only because everyone else is on the same sinking ship (illusion) don't worry "Everything will be OK!" x

hypha
18-01-2010, 03:02 PM
I'm just having fun btw - i like to give interesting perceptions and see what people think - there is no wrong way even if lots of people are un happy - it's your own fauilt for playing this lovely game of reality - play fun guys - well have as much fun as you can. remember - if you believe anything you are not being your self :D x

hadabusa
18-01-2010, 03:13 PM
The negative comments in this thread concerning the economy is filled with naivety and ignorance, this could be due to age or lack of economic training. The business cycle is very real and is not susceptible to manipulation as some seem to think. The economy grows & contracts due to 2 factors. First the supply/demand curve of goods/services in the economy in real terms.This means can business grow without a need to invest extra capital initially, and can consumers spend without breaking the bank. Second, the spending power of a nation as a whole, i.e. can we buy oil/iron/fruits/coco butter with our currency. Our trade deficient plays a big role in how we prosper as a nation. Right now we have a trade deficient with mainland Europe of 200 billion pound sterling.

If we increase our manufacturing sector by 9% in real terms, we could reduce that deficient totally, and increase of 11% will leave us with a healthy trade surplus of 120 billion. These are the facts and they are not based on mythology, superstition or lies.

yup.
but you must admit that crashes and bubbles are inevitable, theyre part of it.

motleyhoo
19-01-2010, 07:16 AM
The negative comments in this thread concerning the economy is filled with naivety and ignorance, this could be due to age or lack of economic training. The business cycle is very real and is not susceptible to manipulation as some seem to think. The economy grows & contracts due to 2 factors. First the supply/demand curve of goods/services in the economy in real terms.This means can business grow without a need to invest extra capital initially, and can consumers spend without breaking the bank. Second, the spending power of a nation as a whole, i.e. can we buy oil/iron/fruits/coco butter with our currency. Our trade deficient plays a big role in how we prosper as a nation. Right now we have a trade deficient with mainland Europe of 200 billion pound sterling.

If we increase our manufacturing sector by 9% in real terms, we could reduce that deficient totally, and increase of 11% will leave us with a healthy trade surplus of 120 billion. These are the facts and they are not based on mythology, superstition or lies.

This is the most sheeple-like, head in the sand comment I have ever read on this forum. Seriously, do you ever get out? The business cycle is real, but it is concocted by a central bank that can create booms and busts simply by raising and lowering the interests rates of the money it lends to banks. But what we just witnessed was much worse and consisted with bankers, realtors, appraisers, investment houses, the SEC, politicians, and a whole host of other characters with the ethics of snake oil salesmen colluding to maximize profits and paying off politicians to relax laws and create loopholes for their schemes. Now, if our system of watchdogs, intended to prevent the kind of financial fraud and predation that was going on, was not asleep at the switch or too busy taking backroom bribes we may have prevented this to some extent. But to simply say that financial bubbles and collapses are normal business cycles is beyond ludicrous, it's insane. Maybe from now on you should refrain from drinking the PTB's koolaid because they're the ones who want us all to believe that these are just normal cycles. If you believe that, maybe you'd like to buy the bridge I have for sale 100 miles South of New Orleans.

When the Feds keep interest rates too low for too long in order to hide the lack of real productivity in this country or to make a certain President's economic policies look good it creates a bubble by skewing the very supply/demand curve you seem to think is gospel. Eventually that curve gets so skewed that underlying liabilities outstrip income or productivity until the bubble becomes so fragile that a failure in only one segment of the economy causes it to suddenly collapse. But what we just went through consisted of way more manipulation than just the Fed interest rate and was a result of putting the foxes in charge of the hen house and some of this country's wealthiest people buying political favor to have laws changed to allow them to rip off the population at large. There is no way a sane man could believe that should be normal business as usual, and if you do then you have been seriously duped and brainwashed.

.