Bloomberg files this report on the recent rise of insider selling, company executives dumping the most shares since mid-2007, shortly before the broad stock market’s peak.
Executives at U.S. companies are taking advantage of the biggest stock-market rally in 71 years to sell their shares at the fastest pace since credit markets started to seize up two years ago.
Insiders of Standard & Poor’s 500 Index companies were net sellers for 14 straight weeks as the gauge rose 36 percent, data compiled by InsiderScore.com show.
…
Sales by CEOs, directors and senior officers have accelerated to the highest level since June 2007, two months before credit markets froze, as the S&P 500 rebounded from its 12-year low in March. The increase is making investors more skittish because executives presumably have the best information about their companies’ prospects.Surely this can’t be a good development for your typical retail investor, many of whom have just recently convinced themselves that it’s OK to put some money back into stocks again.
The good news is that the 2007 stock market peak didn’t occur until some four months after insider selling peaked in June. Here we are, almost exactly two years later, and it appears that the timing could be again aligned for a fall season that does not treat equity markets kindly.
Why is insider selling so important? It’s quite simple…
“If insiders are selling into the rally, that shows they don’t expect their business to be able to support current stock- price levels,” said Joseph Keating, the chief investment officer of Raleigh, North Carolina-based RBC Bank, the unit of Royal Bank of Canada that oversees $33 billion in client assets. “They’re taking advantage of this bounce and selling into it.”
…
“They’re looking to take some money off the table because they think the rally will come to an end,” said Ben Silverman, the Seattle-based research director at InsiderScore. “It’s the most bearish we’ve seen insiders, on a whole, in two years.”
The last time there were more U.S. corporations with executives reducing their holdings than adding to them was during the week ended June 19, 2007, the data show. The next month, two Bear Stearns Cos. hedge funds filed for bankruptcy protection as securities linked to subprime mortgages fell apart, helping trigger almost $1.5 trillion in losses and writedowns at the world’s biggest financial companies and the 57 percent drop in the S&P 500 from Oct. 9, 2007, to March 9, 2009.
There’s much more information in the report about stock sales at individual companies, but, perhaps the most important detail is that insider selling reached an all-time record back in the first quarter of 2000, as the 18-year bull market in stocks reached its climax, the official demarcation point between “dotcom” and “dotbomb”.
How to Create a Mind-Controlled Slave — by Fritz Springmeier & Cisco Wheeler See the 12 chapters below for the whole book. Note that a copy of these files was found in the internet archive. Further note that Fritz Springmeier and his wife were arrested by the FBI in the spring of 2001 whereby all their research material was confiscated.
Chapter 1 — The Science of Victim Selection & Preparation
Chapter 2 — The Science of Traumatizing and Torturing the Victim
Alexander Emerick Jones is an American paleoconservativeradio host and documentary filmmaker. His nationally syndicated talk show (titled The Alex Jones Show) airs via the Genesis Communication Network on over 60 AM, FM, and Short Wave radio stations across the United States, as well as having a large internet based audience. Alex Jones has been referred to as a “conspiracy theorist” by mainstream media outlets, while Russia Today has referred to him as an investigative journalist. Alex Jones was born February 11, 1974.
The elite put Alex Jones in place to be the leader and symbol of the alternative media.
Alex Jones repeatedly attacks the idea that TV Fakery was used on 9/11. It has become obvious to serious investigators of 9-11 that no airplanes were used in the attack. Is Alex Jones naive to catch on, or is he deliberately covering up evidence that links the mainstream media to 9-11?
Indeed, Alex Jones would appear to have a clear motive for wanting to cover up the media’s role in 9-11. His network, GCN Live, has close ties to ABC News. In fact, ABC NY provides satellite broadcasting services for The Alex Jones Show. Some say that this is only a business deal, and is not very important… but think about it — why would part of the controlled media provide satellites to a network that was dangerous to them?
This is easily explained by considering that Alex Jones is not really on the side of real truth. His job is to distract us from following the most important people in the world… the Jesuits.
ABC is owned by Walt Disney, which has had a Jesuit priest on it’s board of directors since 1996. This brings us to the question of why Jones is seemingly reluctant to talk about the role of the Society of Jesus in world corruption.
When Alex Jones released his famous “Dark Secrets: Inside Bohemian Grove” film, he gave us detailed background information about the Grove, yet, for some reason he left out the fact that Roman Catholic masses take place at the Grove, and that the Bohemian Club’s patron saint is John of Nepomuk, a Roman Catholic figure who symbolizes the Seal of Confession. The story of John of Nepomuk was developed by Bohuslav Balbín, a Jesuit.
Alex Alex Jones’ suspicious connections do not end there. He has close ties with the John Birch Society. His father was a member of JBS and he had it’s President, John F. McManus, on his show. McManus was trained by Jesuits at Holy Cross College and was involved in US Air Force Weapons Development.
The Best Video on the New Age Movement ever made. An eye-opening film of the Yoga Meditation, Eastern Mysticism, psychological Therapy, Self-Help, Mind Control and much more… Explores the eerie world of ego-maniacal gurus and their western counterparts, New Agers. The definitive work. Explores its birth, its invasion, and its effect on western society. It explores the pagan roots of eastern mysticism, meditation, yoga, and more. An eye-opening expose of the New Age movement. Shows how it was conceived in the early 1960’s at a planning session by Hindu gurus in India as a means of converting Americans to Eastern mysticism. The seemingly innocuous devices used range from Yoga meditation to a belief in reincarnation. We are given an extraordinary inside glimpse into cult mentality and mindless obedience (opening up to demonic possession), and we see how an outright attack against traditional American beliefs has been successfully launched, not only from Hindu missionaries, but from unsuspecting Americans who have accepted the surface manifestations of this religion as trendy and fun. The film covers the chilling parallels between the belief structure in today’s New Age subculture and that in Hitler’s Third Reich two generations ago. 1 hour 43 minutes.’ With explosive facts, it explains why yoga, meditation, psychologiaI therapy and self-help are turning millions to a pagan world view. This film expores the eerie world of ego-maniacal gurus and their western counterpats, New Agers. In a series of exclusive, candid interviews, we share the thoughts of “master” and witness the blind devotion and mindless obedience of “disciple.” Gods of the New Age takes us from a clandestine, early sixties planning meeting held by Indian gurus to today’s dignified U.S corridors, American schoolrooms and Christian churches. The film uncovers the chilling parallels between today’s Western culture. and the similar climate that bred Hitler’s Third Reich a generation ago! “This is the most powerful Christian documentary I have ever seen!” –Rabi Maharaj, author of The Death of a Guru THE NEW AGE MOVEMENT, YOGA, DEVIL WORSHIP: THE RISE OF SATANISM and EVOLUTION
We all know I have been warning of this bear market rally. I know it has been a rough ride, but at the end of the day, a dollar is a dollar and a loss is a loss. I do hope nobody is surprised. This may not even be the end of the bear market rally, but the internals have been looking weak for the last week or two, and we all know how I felt about the fundamentals and the macro outlook.
ECB warning prompts shift from equities. Risk appetite suffered a sharp deterioration on Monday as fresh uncertainty about the global economy and the financial system prompted investors to shift away from equities, commodities and emerging market assets into the perceived safety of government bonds and the dollar.
Eurozone banks face additional losses of more than $283bn this year and next as continental Europe’s severe recession intensifies strains on its financial sector, the European Central Bank has warned.
The fates of the eurozone economy and its banks have become increasingly interlinked, the ECB reported on Monday in its latest “financial stability review” with banks losses expected to be focused on their loan exposures. Risks to the stability of the financial sector remained high, it said, while “uncertainty prevails” over the shock-absorbing capacity of the banking system.
And from that bastion of unbiased reporting, CNBC: Asian Markets Slide, Optimism May Be Misplaced
No need to worry, we still have reasons to be bullish in the media. Check this out:
From WSJ’s Market Beat:
Rochdale Research analyst Richard Bove’s weekend note on Bank of America got a bit of attention today, largely for the section in which he writes “Bank of America is now experiencing horrific loan losses. It may have loan loss provisions of $46 billion this year.”
As Jon Ogg over at 24/7 Wall Street notes, the core call of the note is surprisingly positive. Bove upped his price target on Bank of America shares to $19 from $14, citing growing confidence in management. Bove also kept his “Buy” rating on the stock and wrote that Bank of America’s purchase of Merrill Lynch — and even Countrywide — will help it offset the losses it’s suffering on loans.
Concerning those losses, Bove has a couple interesting observations as to why Bank of America’s loan losses may be more pronounced than some competitors:
A key to the company’s success in driving its operating costs lower has been the implementation of automated systems and uniform products. The reduction in labor intensity in the process has carried with it a reduction in the personalized approach to lending.
The credit card industry or auto lending are examples of this process. Credit card loans are in fact personal loans that historically were provided after a customer spoke with a loan officer who generally knew the client’s background. Now the bank provides the loans to people it has never met and never interacted with using a systemized process. This is also true of automobile loans and in many cases of mortgages and home equity lines of credit.
These systems, now many decades old, are widely supported by consumers and have combined to lower the cost of originating loans and in increasing loan volumes. The problem with these systems is that they fail to detect changes in the borrower’s condition until losses start to appear. Then it is generally too late so that losses soar before the bank gains control of the process once again.
This is now happening throughout the industry and to a greater degree at Bank of America.
Countrywide is a veritable boiling cauldron of putrid assets and potentially devastating liabilities that are actually labeled as assets. Merrill Lynch was collapsing under its own weight in real time and BofA needed government assistance to close the deal. Bove says that these companies will help offset the losses it (BofA) is suffering on its loans, but the loans it is suffering from stem largely in part from Merrill and Countrywide. Circular logic moving in an ovular pattern????
by Justice Litle, Editorial Director, Taipan Publishing Group June 10, 2009
Among its many other sins, the greenback is a press hog. The world’s reserve currency, loved and loathed as it is, simply gets most of the ink these days.
In that light many a U.S.-based commentator, not least your cynical Taipan Daily scribes, have repeatedly waxed eloquent on the long-run death of the dollar.
But in our zeal we sometimes forget that, in order for the dollar to die, it has to die relative to other fiat currency offerings… and some of those others are looking pretty sick too. (The main exception, of course, being gold – the one and only “stateless currency” not subject to the whims of a printing press. As Grant’s Interest Rate Observer quips, “Show us a monetary asset whose value is not subject to governmental debasement and we will show you a Krugerrand.”)
In short, the dollar is not the only basket case out there. Take the euro, for example. Now there’s a troubled currency if ever one existed.
As pollyanna stock market bulls are finding out the hard way, rising interest rates (via falling bond prices) can have ugly consequences. The same is true of a rising currency when coupled with a weak economic backdrop.
In this particular case, the stronger the euro gets, the more it cuts into European export sales. At a time when most all of Europe is sick, the economic pain of a too-strong currency becomes intense above a certain threshold.
On top of that, various bits of Europe are in the process of blowing up… or falling apart… or both. There is deep trouble brewing in multiple corners of the continent. Let’s take a quick look on a country-by-country basis to see why Europe is being held together with duct tape.
Britain on the Brink
We’ll start with Britain – not an adopter of the euro, but a member of the EU (European Union) nonetheless.
Britain has been hurled into political chaos, thanks to an unholy combo of deep financial crisis, explosive Labour Party scandals, and the hapless lame-duck status of embattled Prime Minister Gordon Brown. Cabinet Ministers are resigning left and right in protest as Brown’s popularity plummets, calling for the PM to step down. Election results tallied this week showed the Labour Party (Brown’s party) putting in its worst showing since 1918.
June 03, 2009 “Information Clearing House” — Last week’s ructions in the bond market, leave little doubt that the financial crisis has entered a new and more lethal phase. Of particular concern is the spike in long-term Treasuries which are used to set interest rates on mortgages and other loans. On Thursday, the average rate for a 30-year fixed loan jumped from 5.03% to 5.44% in just two days. The sudden move put the mortgage market in a panic and stopped the refinancing of billions of dollars in loans. The yields on Treasuries are going up because investors see hopeful signs of recovery in the economy and are moving into riskier investments. More money is moving into equities which is why the stock markets have been surging lately. (The Federal Reserve’s multi-trillion dollar monetary stimulus has played a large part, as well.) The bottom line is that investors are looking for better returns than the paltry yields on government debt. That will make it harder for the Fed to sell up to $3 trillion in Treasuries in the next year to finance Obama’s proposed economic recovery plan. For now, foreign central banks are still buying enough short-term Treasuries to cover the current account deficit, but that could change in a flash, especially given Fed chief Bernanke’s propensity to print more money at the drop of a hat. That’s making foreign holders of dollar-based assets more jittery than ever.
Bernanke is in a bit of a pickle. He needs to sell boatloads of US debt, but if he raises interest rates; he’ll kill the recovery and send the stock market reeling. What to do? Eventually the Fed chief will arrive at the conclusion that there’s only two ways out of a credit bust of this magnitude; either raise rates and crush the economy or print more money and face a funding crisis. Either way, there’s a world of hurt ahead.
Here’s how economists Christian Broda, Piero Ghezzi and Eduardo Levy-Yeyati sum it up in their report “The New Global Balance: Financial de-globalisation, savings drain, and the US Dollar”:
“In a new financial landscape in which leverage is limited by worldwide regulation, and where the gradual digestion of toxic assets will weigh on bank’s balance sheets for some time, limiting the availability of credit, the US will face tougher terms to finance its external imbalance. In our view, these tougher terms, together with the sharp increase in US household savings, could have gone a long way towards unwinding the global imbalances in a non-traumatic way. However, that would have entailed passive fiscal and monetary policies and a politically unpalatable economic contraction. Instead, a massive fiscal stimulus partially financed directly by the Fed through the purchase of Treasuries should ultimately lead to a reversal of the dollar bonanza. Perfectly at odds with the global imbalance premonitions of the early 2000s, the dollar’s weakness will likely be the best gauge of the turnaround of the global crisis.” (”The new global balance: Financial de-globalisation, savings drain, and the US dollar”, Christian Broda, Piero Ghezzi and Eduardo Levy-Yeyati)
The factors which strengthened the dollar earlier in the crisis have now run their course. Treasuries no longer attract “flight-to-safety” investors, because most people don’t think that another Lehman Bros-type meltdown is likely. Investors are shifting to emerging markets, corporate bonds and securities. Commodities are on the upswing because speculators think that Fed’s quantitative easing (QE) will end in hyperinflation. More important, cross-border flows have either stopped entirely or been significantly reduced due to the need for fiscal stimulus at home to counter falling demand and rising unemployment. In 2006, 65% of global surplus capital flowed to US markets. No more. Now the US will have to fight tooth-and-nail for a smaller and smaller share of the same pool. It will be uphill all the way.
The US economy is facing other headwinds, too; like a banking system that is hobbled by hundreds of billions in non performing loans and toxic assets, and a wholesale credit system that’s still in a deep coma. The Fed and Treasury had plenty of time to take insolvent institutions into government conservatorship and restructure their debt (as they have with General Motors), but have chosen to pursue the same failed approach of providing unlimited funding via the Fed’s lending facilities to any institution with a license and a begging bowl. Now time is running out and nothing has been done to address the underlying problems. Bernanke clings to the misguided notion that he can firehose the financial system with liquidity and the troubles will instantly vanish, but that’s just more wishful thinking. Insolvency can’t be fixed by adding more debt, that just puts off the inevitable day of reckoning and increases the likelihood of a run on the dollar.
Here’s how the World Bank put it in their 2002 analysis titled, “Managing the Real and Fiscal Costs of Banking Crises,” which examined similar banking crises over the last half century:
“Accommodating measures such as open-ended liquidity support, blanket deposit guarantees, regulatory forbearance, repeated recapitalizations and debtor bailouts appear to increase significantly the costs of banking crises. Did these accommodating policies achieve faster economic recovery? We failed to uncover evidence that they did. Indeed, they seem to have prolonged crises because recovery took longer.”
Bernanke’s no fool; he knows his strategy won’t work. He’s just following orders from the banking establishment. Remember, the IMF has a long history of recapitalizing or winding-down failed banks. It’s not rocket science. There are tried-and-true methods for resolving underwater financial institutions and they are rigorously followed. The IMF would never give the banks a blank check and simply hope-for-the-best like Bernanke and pal, Geithner. They’ve created a situation where the banks will be a drain on public resources for years to come, diverting capital from productive sectors of the economy and choking off credit expansion. Credit derivatives expert Satyajit Das pinpoints the real problem in an article posted on his blogsite:
“Mancur Olson, the American economist, in his books (The Logic of Collective Action and The Rise and Decline of Nations), speculated that small distributional coalitions tend to form over time in developed nations and influence policies in their favor through intensive, well funded lobbying. The policies result in benefits for the coalitions and its members but large costs borne by the rest of population. Over time, the incentive structure means that more distributional coalitions accumulate burdening and ultimately paralysing the economic system causing inevitable and irretrievable economic decline.
Government attempts to deal with the problems of the financial system, especially in the U.S.A., Great Britain and other countries, may illustrate Olson’s thesis. Active well funded lobbying efforts and “regulatory capture” is impeding necessary actions to make needed changes in the financial system. For example, the Centre of Public Integrity reported that the expenditure on lobbying and political contribution of the top 25 sub-prime mortgage originators, most linked to large U.S. banks, was around $380 million (the Economist (9 May 2009).(The finance government Complex & The End of US economic Dominance”, Satyajit Das’s blog)
The institutional bias of the Fed is obvious in every decision they make. Consider the fact that the Fed has provided over $12.8 trillion in loans and other commitments to shore up wobbly financial institutions while the two-year fiscal stimulus for 320 million Americans is a paltry $787 billion. Its goose liver and Cabernet for the bank mandarins and breadcrumbs for the working stiff. Unlike General Motors–where bondholders and workers sustained huge losses and were forced to dramatically slash the size of their business—the banks and brokerage houses have been given carte blanche and are free to use their loans any way they choose, including commodities speculation which has driven the price of oil from $33.98 per barrel on Feb 12 to more than $68 per bbl. today. The taxpayer is literally paying for the rope to hang himself. And Wall Street is only too happy to oblige.
Despite the Fed’s best efforts, the oversized financial system will have to shrink to meet the new reality of falling demand and persistent high unemployment. Household deleveraging is ongoing cutting into discretionary spending and changing attitudes towards saving. That means corporate profits will falter while and layoffs continue for the foreseeable future. The economy will probably bump along the bottom for a decade or so before household balance sheets are patched up enough to stage a comeback. The Fed’s job is to hasten the recovery by forcing weak players to write-down their losses or declare bankruptcy so their dodgy assets can be put up for auction. That gives the system a chance rebuild on a solid “debt-free” foundation. Bernanke’s plan just puts off the pain by keeping asset prices artificially high so losses aren’t realized. It’s pointless. Author and economist Henry C.K. Liu explains the implications of the Fed’s actions like this:
“When financial institutions deleverage with free money from the central bank, the creditors receive the money while the Fed assumes the toxic liability by expanding its balance sheet. Deleverage reduces financial costs while increasing cash flow to allow zombie financial institutions to return to nominal profitability with unearned income and while laying off workers to cut operational cost. Thus we have financial profit inflation with price deflation in a shrinking economy.
What we will have going forward is not Wiemar Republic-type price hyperinflation, but a financial profit inflation in which zombie financial institutions turn nominally profitable in a collapsing economy. The danger is that this unearned nominal financial profit is mistaken as a sign of economic recovery, inducing the public to invest what remaining wealth they still hold, only to lose more of it at the next market meltdown, which will come when the profit bubble bursts. (”Liquidity drowns meaning of ‘inflation”, by Henry C. K. Liu Asia Times)
“What we have is…financial profit inflation in which zombie financial institutions turn nominally profitable in a collapsing economy.” Has anyone given a more lucid description of the wacky goings-on in today’s market than that?
Bernanke has shown that he’ll do whatever he can to avoid simple price discovery on the illiquid, hard-to-value assets which are at the heart of the crisis. He’s underwritten the entire financial system and shifted 100% of the liability for losses onto the taxpayer. He’s also managed to keep the banks in private hands, although the cost has been substantial. The so-called “free market” exists only in theory now. The truth is that without the Fed’s support, the financial system would collapse in an instant. The transition to state capitalism has taken place without public hearings or input. The line that distiguishes the banks from the government has disappeared.
For $10 trillion, Bernanke could have guaranteed every mortgage in the country, thereby stopping the decline in housing prices, the deluge of foreclosures, and the deep cutbacks in consumer spending. Such a move would have defrosted the secondary market (where mortgage-backed securities (MBS) are traded) because investors would know that the collateral was backed by “the full faith and credit” of the US government. Instead, millions of homeowners have been forced from their homes and onto the streets while Wall Street kingpins debate whether they should be allowed to issue themselves fat bonuses from the TARP funds.
DOOMSDAY FOR THE GREENBACK?
Last week’s sudden rise in Treasury yields indicates that Bernanke is nearing the end of the line. The benchmark 10-year T-bill zoomed to a 6-month high of 3.75 percent. Investors want better returns for lending their money to Uncle Sam. That means that funding the multi-trillion dollar deficits will get harder and harder. Bernanke can purchase more long-bonds and keep interest rates low, but investors will see that he’s monetizing the debt and head for the exits. Or he can raise rates to attract foreign capital and risk putting the struggling economy into a death spiral. Either way, the consequences will be dire.
Collapsing home prices and credit markets continue to put downward pressure on consumer spending, forcing the Federal Reserve to take even more radical action to revive the economy. Last week, Fed chief Ben Bernanke raised the prospect of further monetizing the debt by purchasing more than the $1.75 trillion of Treasuries and mortgage-backed securities (MBS) already committed. The announcement sent shock-waves through the currency markets where skittish traders have joined doomsayers in predicting tough times ahead for the dollar. Foreign central banks have been gobbling up US debt at an impressive pace, adding another $60 billion in the last three weeks alone. That’s more than enough to cover the current account deficit and put the greenback on solid ground for the time-being. But with fiscal deficits ballooning to $3 trillion in the next year alone, dwindling foreign investment won’t be enough to keep the dollar afloat. Bernanke will be forced to either raise interest rates or let the dollar fall hard.
Export-led nations are looking for an edge to revive flagging sales by keeping their currencies undervalued. But the strong dollar is making it harder for Bernanke to engineer a recovery. He’d like nothing more than to see the dollar tumble and reset at a lower rate. That would reduce the debt-load for homeowners and businesses and send consumers racing back to the shopping malls and auto showrooms. Perception management is a big part of stimulating the economy. That’s why the financial media has been air-brushing articles that focus on deflation and shifting the attention to inflation. It’s an effort to kick-start consumer spending by convincing people that their money will be worth less in the future. But deflation is still enemy number one. Rising unemployment, crashing home prices, vanishing equity and tighter credit; these are all signs of entrenched deflation.
Bernanke faces three main challenges to put the economy back on track. He must remove the hundreds of billions in toxic assets from the banks balance sheets, reignite consumer spending to offset the sharp decline in aggregate demand, and fix the wholesale credit-mechanism that provides 40 percent of the credit to the broader economy. Treasury Secretary Timothy Geithner has taken over the distribution of the remaining TARP funds, and created a new program, the Public-Private Investment Partnership (PPIP), for purchasing toxic mortgage-backed assets. The PPIP will provide up to 94 percent “non-recourse” government loans for up to $1 trillion of assets which are worth less than half of their original value at today’s prices. The Treasury’s plan is an attempt to keep asset prices artificially high so that the losses will not be realized until they’ve been shifted onto the taxpayer. Here’s how John Hussman of Hussman Funds summed up Geithner’s PPIP:
“From early reports regarding the toxic assets plan, it appears that the Treasury envisions allowing private investors to bid for toxic mortgage securities, but only to put up about 7% of the purchase price, with the TARP matching that amount – the remainder being “non-recourse” financing from the Fed and FDIC. This essentially implies that the government would grant bidders a put option against 86% of whatever price is bid. This is not only an invitation for rampant moral hazard, as it would allow the financing of largely speculative and inefficiently priced bids with the public bearing the cost of losses, but of much greater concern, it is a likely recipe for the insolvency of the Federal Deposit Insurance Corporation, and represents a major end-run around Congress by unelected bureaucrats.
Make no mistake – we are selling off our future and the future of our children to prevent the bondholders of U.S. financial corporations from taking losses. We are using public funds to protect the bondholders of some of the most mismanaged companies in the history of capitalism, instead of allowing them to take losses that should have been their own. All our policy makers have done to date has been to squander public funds to protect the full interests of corporate bondholders. Even Bear Stearns bondholders can expect to get 100% of their money back, thanks to the generosity of Bernanke, Geithner and other bureaucrats eager to hand out the money of ordinary Americans.” (John Hussman, “The Fed and Treasury – Putting off Hard Choices with Easy Money, and Probable Chaos, hussmanfunds.com) Read the rest of this entry »
James Arrabito’s documentary on the fascinating history of the Jesuit Order, the Most Powerful Occult Brotherhood in the World. Launched by Ignatius Loyola in the 16th century to wage war against the Reformation, the Society of Jesus rapidly spread to every corner of the globe. The Jesuits insinuated themselves into the affairs of governments, war, banking, oil, and churches, eventually earning expulsion from almost every nation in this world, including the Vatican itself! (80 min.)
Neuro-linguistic programming (or NLP) is a controversial interpersonal communication model applied in psychotherapy and other contexts of communication and change. It was initially co-created by Richard Bandler and linguist John Grinder in the 1970s based on the communication and behavioral patterns acquired from gestalt therapist Fritz Perls, family systems therapist Virginia Satir and psychiatrist Milton H. Erickson. The originators emphasize modeling of excellence as the core methodology of NLP, that is, the methods they used to imitate and produce the models of exceptional communicators. They also claim that the basic assumptions of NLP draw from aspects of neurology (”neuro-”), transformational grammar (”linguistics”) and cybernetics (”programming”). It has often been promoted as an art and science of effective communication and defined as ‘the study of the structure of subjective experience’. Others put more emphasis on the tools, techniques and applications specific to contexts such as psychotherapy, business management and communications training, motivational seminars, personal development, and teaching.
“…This conjunction of an immense military establishment and a large arms industry is new in the American experience. The total influence – economic, political, even spiritual – is felt in every city, every Statehouse, every office of the Federal government. We recognize the imperative need for this development. Yet we must not fail to comprehend its grave implications. Our toil, resources and livelihood are all involved; so is the very structure of our society.
In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.
We must never let the weight of this combination endanger our liberties or democratic processes. We should take nothing for granted. Only an alert and knowledgeable citizenry can compel the proper meshing of the huge industrial and military machinery of defense with our peaceful methods and goals, so that security and liberty may prosper together.
GAAP-Based 2008 Federal Deficit Hits $5.1 Trillion
Government Bankruptcy/Hyperinflation Just a Matter of Time
As discussed in the December 15th Alert, the U.S. Treasury published its 2008 Financial Report of the United States Government on December 15th: http://fms.treas.gov/fr/08frusg/08frusg.pdf. A summary of the generally accepted account principles (GAAP)-based detail is shown in the following table:
U.S. Government – Alternate Fiscal Deficit and Debt
Reported by U.S. Treasury
Dollars are either billions or trillions, as indicated.
Sources: U.S. Treasury, Shadow Government Statistics.
Fiscal
Year (1)
Formal
Cash-Based
Deficit
($Bil)
GAAP
Ex-SS Etc.
Deficit
($Bil)
GAAP
With SS Etc,
Deficit
($Tril)
GAAP
Federal
Negative
Net Worth
($Tril)
Gross
Federal
Debt
($Tril)
Total(2)
Federal
Obligations
(GAAP)
($Tril)
2008
$454.8
$1,009.1
$5.1
$59.3
$10.0
$65.5
2007
162.8
275.5
1.2
(3)
54.3
9.0
59.8
2006
248.2
449.5
4.6
53.1
8.5
58.2
2005
318.5
760.2
3.5
48.5
7.9
53.3
2004
412.3
615.6
11.0
(4)
45.0
7.4
49.5
2003
374.8
667.6
3.0
34.0
6.8
39.1
2002
157.8
364.5
1.5
31.0
6.2
35.4
(1) Fiscal year ended September 30th. (2) Revised to include gross federal debt, not just “public” debt. While the non-public debt is debt the government owes to itself for Social Security, etc., the obligations there are counted as “funded” and as such are part of total government obligations. (3) On a consistent reporting basis, net of one-time changes in actuarial assumptions and accounting, SGS still estimates that the GAAP-based deficit for 2007 topped $4 trillion, with negative net worth of $57.1 trillion and total obligations of $59.8. So as to maintain consistency with the official GAAP statements, the “official” numbers are shown in the table for 2007. (4) SGS estimates $3.4 trillion, excluding one-time unfunded setup costs of the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (enacted December 2003). Again, in order to maintain consistency with the official GAAP statements, the “official” numbers are shown in the table for 2004. Link to the 2008 statements: http://www.fms.treas.gov/fr/08frusg/08frusg.pdf
Against what had been the recently publicized, cash-based “official” fiscal 2008 (year-ended September 30th) federal deficit of $454.8 billion, and parallel $161.8 billion deficit in 2007, the U.S. Treasury reported that the 2008 deficit [change in net position] was $1,009.1 billion, versus $275.5 billion in 2007, using GAAP. Since 2002, the Treasury has been reporting the government’s finances using annual statements prepared using accounting standards similar to those used in corporate America.
Those numbers, however, did not account for the annual change in the net present value of unfunded Social Security and Medicare liabilities, except in discussions and footnotes. Counting those changes, as a corporation would for its pension and healthcare liabilities for retirees, the 2008 annual deficit was $5.1 trillion, versus $1.2 trillion in 2007. Such showed total U.S. obligations — gross federal debt outstanding plus the net present value of unfunded liabilities — at $66 trillion, roughly 4.6 times the level of reported U.S. GDP, and greater than total estimated global GDP. These numbers are unsustainable, as suggested in the accompanying graphs, and already are deteriorating severely for fiscal 2009. They also doom the U.S. dollar to hyperinflation, as discussed in the Hyperinflation Special Report of April 8, 2008.
An actual U.S. deficit of $5.1 trillion is uncontainable, and it is about to get a great deal worse. The shortfall cannot be covered by taxes, and the needed spending cuts tied to Social Security and Medicare cannot be worked politically. The rapidly deteriorating economic conditions promise reduced tax revenues, while the incoming Obama Administration has promised significantly increased spending.
Impact of Systemic Solvency Crisis to Be Seen in 2009 Numbers. As the U.S. Treasury responded in tandem with the Federal Reserve in 2008 to address a collapsing financial system, placing Freddie Mac and Fannie Mae into conservatorship added about $13 billion to the annual deficit and government liabilities for fiscal 2008. Most of the impact from that and other actions, however, will not show up until 2009 accounting. In like manner, the Troubled Asset Relief Program (TARP) was not enacted until fiscal 2009 and will be so accounted for.
As reported so far in fiscal 2009 (see the Federal Deficit comments in the Reporting section), the “official” cash-based (not GAAP-based) accounting shows for October and November 2008 — the first two months of the 2009 fiscal year — that the official deficit more than doubled to $401.6 billion, from $154.1 billion in the same period of fiscal 2008.
Faced with collapsing economic activity, President-elect Obama has promised a massive economic stimulus package that likely will total close to $1 trillion, spiking the “official” cash-based deficit to possibly $2 trillion in fiscal 2009, more than four times the 2008 record level. All that will have to be funded by the U.S. Treasury, on top of its regular refunding needs. Therein lies a problem for the markets and the incoming Administration.
U.S. Treasury funding needs exploded by about $500 billion in October 2008. Yet, even as Treasury issuance began to spike in calendar third-quarter 2008, foreign purchases of those instruments began to falter, as reflected in the Federal Reserve’s flow-of-funds data, which tend to be unreliable. Nonetheless, the U.S. Treasury has relied on foreign net purchases of an average 80% of its net debt issuance since 2002. As foreign investors increasingly shy away from a losing proposition with the U.S. dollar, faltering demand for U.S. Treasuries will become a problem for the Federal Reserve, the U.S. Treasury buyer of last resort. At such time as the Fed monetization of U.S. debt accelerates meaningfully, the risks of hyperinflation will move in over the horizon.
Risks of U.S. Default. As discussed in the prior newsletter, stories keep circulating in the global markets of a possible default on U.S. debt within the next year or so, as result of the explosive growth in federal debt. Such remains unlikely, unless foreign lenders start making not-so-unreasonable demands that the United States issue its debt in yen, pounds, euros, etc. As shown by the latest GAAP-statements, the United States already had no prospects of ever honoring the obligations that were in place before the current crisis, which will push this year’s cash-based deficit possibly to $2 trillion (perhaps $8 trillion GAAP). Under such circumstances, most governments would opt to use the printing press to inflate their way out of debt, rather than to go through a formal debt default.
That is why the agencies that issue sovereign debt ratings usually will give a “AAA” rating, when debt is issued in the sovereign’s currency, backed by the power of being able to create whatever currency is needed in order to meet the obligations.
If, however, the U.S. had to start covering new obligations in something other than the U.S. dollar, then the risk of formal default would become meaningful, and sovereign ratings on non-dollar U.S. Treasury debt easily could fall below investment grade. Given that the U.S. government has no way out of its obligation bind within the traditional system, offering non-U.S. dollar denominated debt would not be a desirable option. Such would raise the risk of actual debt default and a possible ratings downgrade that would not otherwise be seen, while possibly accelerating the onset of hyperinflation in the process.
Why is America so brainwashed by the corporate media? Why do we care more about American Idol and sports games than being poisoned with mercury in our vaccinations and sodium fluoride in our water supply? America needs to wake up and get the facts about our chemical manipulation before it’s too late.
The Federal Reserve apparently can’t account for $9 trillion in off-balance sheet transactions.
When Rep. Alan Grayson (D-Orlando) asked Inspector General Elizabeth Coleman of the Federal Reserve some very basic questions about where the trillions of dollars that have come from the Fed’s expanded balance sheet, the IG didn’t know.
Worse, nobody at the Fed seems to have any idea what the losses on its $2 trillion portfolio really are.
“I am shocked to find out that nobody at the Federal Reserve is keeping track of anything,” Grayson says.
Grayson asked Coleman if her agency had done any research into the decision not to save Lehman Brothers, which “sent shockwaves through the entire financial system,” Coleman said it had not.
“What about the $1 trillion plus expansion of the Federal reserve’s balance sheet since last September?” Grayson asked.
“We have different connotations,” Coleman replied. “We’re actually conducting a fairly high-level review of the various lending facilities collectively.”
Translation: Nobody at the Fed knows where the money went.
Do you know what who got the $1 trillion or more in the Fed’s expansion of its balance, Grayson pressed.
“I do not know. We have not looked at this specific area at the particular point on that specific review,” Coleman answer.
What about the trillions of off-balance transactions since last September, Grayson asked.
Coleman demurred again, saying the IG does not have jurisdiction to audit the Federal Reserve.
Grayson pointed out that it was the inspector general’s job to audit such spending and asked again if the office had done any investigation at all.
Coleman’s answer: Not enough yet to even respond. “We are in not a position to say if there losses.”
Grayson concluded, “I am shocked to find out that nobody at the Federal Reserve, including the inspector general, is keeping track of this.”
Meanwhile, Federal Reserve Chairman Ben Bernanke says the bank is working on ways to rein in the massive balance sheet commitments.
“A majority of the members who made these projections just recently took 2 percent as being an appropriate number” for inflation, Bernanke said Monday.
“Somewhere between 1-1/2 to 2 percent is basically the number that our committee has individually stated is the appropriate medium-term inflation rate.
“To achieve that we need to demonstrate that we will be able to exit from the balance sheet position that we currently have, and have been working on this intensively,” Bernanke said in response to questions after a speech to a conference organized by the Federal Reserve Bank of Atlanta, reported by Reuters.
It has long been blamed for creating a nation of couch potatoes. But a new report today claims that Britain’s love affair with television is causing far more damage – both physically and psychologically – than previously thought.
The findings have been compiled by Dr Aric Sigman, a psychologist who has previously written about the effects of television on the viewer. His report, analysing 35 different scientific studies carried out into television and its effect on the viewer, has identified 15 negative effects he claims can be blamed on watching television.
Among the most disturbing findings are the links he claims to have found between long hours of television viewing and cancer, autism and Alzheimer’s.
The effects on children watching TV have been well publicised in Britain. Fears of a timebomb of obesity have sparked a wave of ministerial initiatives to promote sport and tackle the couch-potato lifestyle.
However, today’s report suggests the consequences of television are far more serious. They range from myopia and attention deficit disorder to diabetes, autism, Alzheimer’s and a generation whose brains are being numbed by on-screen imagery.
His report, published in the respected Biologist magazine, claims the problem with television lies in the length of time we spend in front of the set. For most people, watching television now takes up more time than any other single activity except work and sleep. According to the British Audience Research Bureau, by the age of 75 the average Briton will have spent more than 12 years of their life watching television.– Read the rest of this entry »
References in this video are from the book “Compromised“
Film that includes clips from mainsteam media at the time, CBS etc. http://www.ncoic.com/clinton.htm ARKANSAS GOVERNOR BILL CLINTON PRESIDENT GEORGE BUSH CIA DRUGS FOR GUNS CONNECTION By Paul DeRienzo An independent group of researchers in Arkansas are charging that Governor Bill Clinton is covering up an airport used by the CIA and major cocaine smugglers in a remote corner of the Ozark mountains. According to Deborah Robinson of In These Times, the Inter mountain Regional Airport in Mena,Arkansas continues to be the hub of operations for people like assassinated cocaine kingpin Barry Seal as well as government intelligence operations linked to arms and drug smuggling. In the 1980’s, the Mena airport became one of the world’s largest aircraft refurbishing centers, providing services to planes from many countries. Researchers claim that the largest consumers of aircraft refurbishing services are drug smugglers and intelligence agencies involved in covert activities.In fact, residents of Mena, Arkansas, have told reporters that former marine Lt. Colonel Oliver North was a frequent visitor during the 1980’s. Eugene Hasenfus, a pilot who was shot down in a Contra supply plane over Nicaragua in 1986, was also seen in town renting cargo vehicles. A federal Grand Jury looking into activities at the Mena airport refused to hand down any indictments after drug running charges were made public.Deborah Robinson says that Clinton had “ignored the situation” until he began his presidential campaign.” Clinton then said he would provide money for a state run investigation of the Mena airport. But according to Robinson, the promise of an investigation was never followed up by Clinton’s staff. In fact, a local Arkansas state prosecutor blasted Clinton’s promise of an investigation, comparing it to “spitting on a forest fire.”
Confession No. 14: The 9/11 Dead, Speaking In The Midnight Skies, Demand Justice. Any discussion of who are the real perpertrators of 9/11 is incomplete with discussing Vatican and Jesuit Order hierarchy.
10 Sep 2006
By Greg Szymanski
If you listened closely last night, the voices of the 9/11 dead began speaking from the heavens, demanding with a thunderous midnight cry to bring the true perpetrators to justice.
And in the name of the fallen, we begin this Sept. 11 Confession with the Jesuits with a moment of silence and a solemn prayer for the more than 3,000 innocent souls killed by the U.S. government with complicity of the Vatican hierarchy and the evil hierarchy of the Jesuit Order.
Yes, the Mossad was involved. Yes, the CIA played an important role. Yes, the members of the CFR knew what was coming down. And yes they all knew full-well and without a shadow of a doubt that Muslim terrorists were going to be used as scapegoats and that they had the full cooperation of all the Middle East leaders who agreed to play the bad guys in this fake war on terrorism and who together with their corrupted American leaders are all playing on the same New World Order/Illuminati team.
However, even if you nailed every last one of them you still wouldn’t have cut off the head of the real snaky perpetrator until the chain of 9/11 legal causation was linked to the Vatican hierarchy and the creepy hierarchy of the Jesuit Order led by the priest known as the Black Pope and the Jesuit General, Fr. Peter-Hans Kolvenbach (Now Adolfo Nicolás).
Although prayers or a court of law can never bring back the lives cut short on 9/11, we can at least in the names of those who died, as well as for the sake of their loved ones, dedicate all of America’s resources and all of America’s waking hours to nail the real killers hiding behind black robes and the thin veil of a free America.
Simply put, five years have passed and the 9/11 criminal investigation has been a joke.
The U.S. has put up a big smokescreen. The media has helped spread more smoke. Hollywood movie and video makers are now profiting from the tragedy by spreading more false propaganda.
And the table is now set like it was in the JFK assassination debate for 30 more years of endless seminars and symposiums among truth seekers who enjoy listening to themselves talk ad essentially playing with the tail of the snake instead of having the courage to cut off it’s ugly head.
As we meet for Confession 14 among the peaks of the Rockies where God’s beauty still abounds, we urge the Jesuit Order and the Vatican hierarchy “to finally come clean and give it up,” so to speak in the parlance of street criminals, as many good Americans now fully understand who are the true spiritual leaders of the New World Order.
However, those Americans who still only listen to Katie Couric and mainstream media, who are covering for the spiritual controllers, are told the war on terrorism is being caused and 9/11 was caused by Muslim extremists.
For those Americans who don’t buy the official government story, now estimated by a recent poll to be 36 percent of the population, they are forced to turn to the alternative media for answers.
And when one turns to the alternative media, they are most likely to hear in unison from most sources in radio, print and internet television, the real perpetrators of the war on terrorism and 9/11 are either the international banksters and the Zionist Jews.
What’s most disturbing in the alternative media is that usually the discussion of the real snakes in the grass goes no farther than corrupted politicians, Zionist Jews and international thieves and banksters.
However, after a close examination of distorted and hidden history, as well as modern day realities of the true power of the Vatican and their henchmen Jesuits, we have come to the conclusion that any discussion of who really caused 9/11 is incomplete without a thorough investigation of the above-mentioned entities, both of which are far more than just benign religious organizations.
Knowing this discussion will be silenced on this 5th anniversary of 9/11 by the true spiritual controllers and their temporal co-conspirators in the media, government and other religious organizations, we present the writings of true patriot, Eric Jon Phelps, author of Vatican Assassins, who is one of the few Americans brave enough to speak out and cut off the head of the real snake behind 9/11 and the war on terrorism – the Vatican hierarchy and the hierarchy of the Jesuit Order.
Here are some of Phelps’ writings:
Vatican and Jesuit Connection to 9/11
Peter-Hans Kolvenbach, the General of the International Military Order of the Society of Jesus, commonly known as “the Black Pope”, ordered the attack on the World Trade Center and the Pentagon on Tuesday, September 11, 2001, with the advice and consent of his General Staff, composed of five assistants (each representing a hemisphere and under whom are many advisory Provincials), an advisor (resembling the likes of a military commander to warn him of any faults or mistakes), and his confessor (to ease his conscience and absolve him of his many sins).
Why? Because the appointed time has arrived for the Jesuit General to destroy both the Dome of the Rock and the Al Aqsa Mosque in Jerusalem, secretly using his CIA/Nazi-trained, Masonic Zionist Mossad in conjunction with his CIA/Nazi-trained, Masonic Islamic Intelligence Agencies, including Osama bin Laden’s MAK and Pakistan’s ISI, while shrouded in the confusion of a huge aerial war yet to come. This will enable the General’s crusading Knights Templars (the present day Shriner Freemasons) to rebuild Solomon’s Temple — for the Papal Caesar in Rome’s Vatican. And how could the Black Pope destroy these Moslem Mosques, they comprising the third most important Islamic religious site in the world behind Saudi Arabia’s Mecca and Medina, without causing an uncontrollable Moslem holy war, called a “jihad”, resulting in the destruction of Pope Pius XII’s creation of Zionist Israel? (Remember, Israel was admitted into the New York-based United Nations in 1949 through the efforts of Jesuit-trained Francis Cardinal Spellman – the darling of Pope Pius XII who, after his Jesuits carried out the Jewish Holocaust in Europe and then driving the survivors to Palestine, intended, under the guidance of his Jesuit confessor, Augustin Cardinal Bea, to make Jerusalem an international city – while governed by the Papal Caesar’s Chaim Weizmann and his Masonic Jewish Zionists.) The Black Pope must cause a war using a country he also wishes to further destroy. Enter the “Holy Roman” Fourteenth Amendment American Jesuit Empire created in 1868 on the ruins of George Washington’s Calvinist Republic, the last political stronghold of the Protestant Reformation with freedom of conscience, freedom of speech and freedom of the press.
Missing: Shame, Guilt and Remorse
Signs of a Society That Can No Longer Blush
By Bruce A. Ritter
May 04, 2009
Africa, deep in the Third World: No one hears the screams of a nine-year-old girl suffering at the merciless hand of ragtag “soldiers.” The assault is violent—brutal—unthinkable—yet commonplace in a land without hope, a world in which the helpless suffer and the remorseless roam free.
Evening, the parking lot of an out-of-the-way restaurant infamous for adulterous rendezvous: Surrounded by floodlights and a television crew, a husband lunges at his wife and threatens to harm her as she cowers behind the host of a TV reality show. The host asks, “Why are you cheating on your wife?”
The husband feels no shame, no sense of guilt or remorse, only “righteous” indignation over being caught—and on camera. He blames his wife for not understanding the affair meant nothing to him. “You know I always come home to you.”
A nursing home where loved ones rarely visit: Caregivers taunt, slap, shake, push, punch, beat and spit on elderly residents suffering from Alzheimer’s disease and dementia.
A prominent cable television news program: Horrified viewers watch CCTV footage of a car speeding away after it hits a jaywalking pedestrian. Onlookers on the street hesitate. Some call 911, others draw closer to gawk at the unconscious man; all wait before offering assistance.
From the Third World to First World “civilization,” people from all walks of life either commit vile acts without remorse or think only of themselves when others need help.
Teachers, convinced they have “fallen in love,” prey upon students for sexual encounters, stealing their innocence, in effect, sentencing young minds to a lifetime of mental and emotional anguish.
Teens and pre-teens see nothing wrong with “sexting”—sending risqué, even nude, digital images of themselves to their peers. They fail (perhaps refuse) to comprehend that, despite all efforts to push “delete,” anything sent electronically will exist in cyberspace for many years to come—and could lead to being charged with a crime.
A Wall Street con artist swindles family, “friends” and colleagues out of untold millions of dollars.
A paranoid and delusional dictator strikes fear in the international community as he test fires a costly, state-of-the-art weapon—the price of which could have fed millions of his starving citizens and prevented needless deaths.
In the 21st century—the age of instant communication, instant travel and instant pleasures—shame lies on its deathbed, remorse gasps its last breath, and personal guilt is fast-becoming extinct. It’s time to understand why.
Changing Standards
The Victorian Era was a glorious time for the world-spanning British Empire. Yet it was also a period of extreme sexual prudery. The subject of sex was taboo, viewed as shameful, despite being a God-ordained blessing for husband and wife.
With the nightmarish horrors of World War I came the apathy of the disillusioned “Lost Generation,” the Roaring Twenties and the cynicism of “eat, drink and be merry, for tomorrow we die.”
The Great Depression and then the Second World War ushered in an era of harsh and desperate times, leading mankind teetering on the brink of destruction. Out of it, America emerged as a world superpower, with calls of patriotism and “doing your part.” Citizens, embracing the importance of the nuclear family, advocated conservative, middle class values.
But the 1950s, the decade of “country and family first—don’t question authority,” gave way to the 1960s, the decade of “question everything” and “don’t trust anyone over age 30,” along with political assassinations and the sexual revolution.
With the laidback, “go with the flow” 1970s came oil embargoes, high gas prices, high unemployment rates, the rise of two-income families, the abuse of government powers, and embarrassing U.S. losses in the Cold War.
The “Morning in America” 1980s brought a hollow morality, leading to the situation ethics of the tattooed, body-pierced, “hooking up” 1990s, and the polarizing of the secularism versus evangelical “righteousness” of the 21st century.
Each generation thought it knew better than the previous one. Things people felt shame and remorse over in the 1950s they questioned in the 60s, tolerated in the 70s, and embraced in the 1980s and beyond.
Foundation of Civilization
God created the first man and woman, Adam and Eve, and gave them plain instructions: “Of every tree of the garden you may freely eat: But of the tree of the knowledge of good and evil, you shall not eat of it: for in the day that you eat thereof you shall surely die” (Gen. 2:16-17).
Eating the fruit of the Tree of Life symbolized choosing to follow God’s will, allowing Him to determine how man should live. Eating the fruit of the tree of the knowledge of good and evil represented choosing to make decisions based on one’s own understanding.
Adam and Eve ate of the wrong tree.
When they heard God’s presence draw near, they hid from Him because they had decided to be ashamed for being naked. They did not wait for their Creator to tell them when or in what circumstances they should feel embarrassment.
And that was the problem: Instead of being humble, teachable, ready to let God instruct them in making successful decisions, Adam and Eve became their own judges. They decided for themselves that they should feel embarrassed for being naked.
Sadly, civilization was founded on man’s natural inclination to judge for himself how to live, how to make life decisions, how to direct his own steps.
Yet God’s Word declares, “It is not in man that walks to direct his steps” (Jer. 10:23) and “There is a way that seems right unto a man, but the end thereof are the ways of death” (Prov. 16:25).
No One Standard
Approximately one in every three people on Earth claim to worship the same God and hold sacred the same Bible—yet the world’s 2.1 billion professing Christians are divided among competing and disagreeing churches, denominations and sects. Catholics, Protestants, evangelicals—none walk together in absolute doctrinal agreement.
Others assert that the Bible is still in effect, yet they have added (unnecessarily) humanly devised traditions and manmade codes of conduct that have turned the Law of God into a heavy burden.
Many professing Christians claim God’s Law is “done away.” Notice a prophecy about today’s religious leaders: “Her priests [this world’s religious leaders] have violated My law, and have profaned My holy things: they have put no difference between the holy and profane, neither have they showed difference between the unclean and the clean, and have hid their eyes from My Sabbaths, and I am profaned among them” (Ezek. 22:26).
If there is no Law, then sin does not exist, for “Whosoever commits sin transgresses [breaks, violates] also the law: for sin is the transgression of the law” (I John 3:4). And if there is no sin, then there is no reason to feel remorse.
Ours is an age of changing moralities: Man conducts himself according to what “seems right in his own eyes.” Religions cannot agree to one standard of belief. Governments are the same, with politicians changing sides whenever the winds of public opinion change direction.
People feel shame and remorse for their actions when they believe in a standard of right and wrong. But in this modern world, standards deteriorate with every passing generation.
Humanity is fast approaching a time Jesus Christ warned would come, a period that would mirror Noah’s final days in the Pre-Flood World. People will—as they did prior to the Great Flood—continue daily life as though nothing is wrong (Luke 17:26), all while ignoring God’s warning, “until the day that Noah entered into the ark, and the flood came, and destroyed them all.”
Except for Noah and his family members, God took the life of every human being—but why?
Notice Genesis 6: “And God saw that the wickedness of man was great [abundant] in the earth, and that every imagination [purpose] of the thoughts of his heart was only evil continually. And it repented [regretted] the Lord that He had made man on the earth, and it grieved Him at His heart” (vs. 5-6).
Jesus foretold the perverse spiritual conditions of the final days before His imminent Return to replace the governments of men with the kingdom of God: “And because iniquity [lawlessness] shall abound, the love of many shall wax [grow] cold” (Matt. 24:12).
Genuine outgoing concern for others will “wax cold” because sin—hatred, malice, selfishness and insincerity—will abound!
Darker times are ahead—especially for the American and British peoples. Describing the United States, Britain and their sister nations of the West, the Bible states, “For from the least of them even unto the greatest of them every one is given to covetousness; and from the prophet even unto the priest every one deals falsely. They have healed also the hurt of the daughter of My people slightly, saying, Peace, peace; when there is no peace.
“Were they ashamed when they had committed abomination? No, they were not at all ashamed, neither could they blush: therefore they shall fall among them that fall: at the time that I visit them they shall be cast down, says the Lord.
“Thus says the Lord, Stand you in the ways, and see, and ask for the old paths, where is the good way, and walk therein, and you shall find rest for your souls. But they said, We will not walk therein” (Jer. 6:15-16).
Read America and Britain in Prophecy, by David C. Pack, and discover why the peoples of these nations “were not at all ashamed, neither could they blush.”
Well, I did it. I started fooling around with Fibonacci numbers and I scared myself half to death. Leonardo Fibonacci, was perhaps the greatest mathematician of the Middle Ages. I pried open his seven hundred year old crypt, dusted him off and asked him his specialty … a question about the future. The question I posed, “Are we headed for inflation or deflation in 2009?” I was stunned by the clarity of his answer. This Einstein of his day warned, inflation of nightmare proportions and worse, is coming to this nation soon.
He does it through his Fibonacci sequence of course. A segment of which looks like this: 3, 5, 8, 13, 21, 34 … You add the last two numbers to get the next number in the sequence. No one knows why, but this number sequence echoes the rhythms of nature. Look at the petals on flowers. There are 3, 5, 8, 13, even 21 (daisies). Exceptions are rare. This is why four leaf clovers are good luck, you can find one, but it will take you all day. Look at you elbow and your knee cap. They are located .618% up the length of your extremity. You get .618 every time you divide any number in Fibonacci’s sequence by it larger neighbor. 144 ÷ 233 = .618. I always hated math, now … not so much.
As to the question at hand, we have had two periods of hyperinflation in America. The first period was during the Revolutionary War (not worth a Continental). The second was during the Civil War (greenbacks and graybacks). With 1776 as an obvious starting point, I leapt forward to 2009 and got a Fibonacci 233 years. The Civil War ended in 1865. Leap forward to 2009 from 1865 and you get a Fibonacci 144 years. If you’ve got your thinking cap on you’re already wondering about the length of time between 1776 and 1865, and yes, it is a Fibonacci 89 years.
But wait, it gets worse! Hyperinflation in 2009, would only be a side dish, the main course is war. Note well, these were not simply wars, but wars with ourselves. The Civil War was sometimes literally brother against brother until it ended in 1865. King George was our King, we were his subjects, until we declared independence on the fourth of July, 1776.
Are we really headed for war with ourselves and hyperinflation once again in 2009? This cluster of Fibonacci numbers linking up and landing on the year 2009 is striking and elegant. Is this the year where the old world ends and the new world begins? Leonardo Fibonacci says yes.
The Lucifer Project as it is most often described is the attempt by man to create a small star in our solar system out of one of the gas giants, Jupiter, Saturn, Uranus, or Neptune. It was noted by this author in the summer of 2003 that likely the first attempt at star-making, or at least the pilot project of such, was conducted when NASA’s Galileo satellite was plunged into Jupiter on September 21, 2003. It was also speculated by this author that at the end of the NASA Cassini primary mission would be a logical time to consider another similar plunge attempt. This attempt obviously did not occur since Cassini’s mission was extended. The following information appends the articles this author has already written and speculates on the end of NASA’s current extended Cassini mission called the Equinox Mission and what it means regarding the Lucifer Project.
A intersting fact is that Saturn is called the “unconquered sun” as Tamsyn Barton illustrates in Ancient astrology p 202
December 25th known to Christians as Christmas is nothing more than a pagan holiday, it is called Saturnalia
Now you might ask yourself why is this so important an is this really feasible/possible. First of all, as another user pointed out, (Giovanni Domenico) Cassini was a Jesuit (If you still don’t know why Jesuits are important refer to this page).
This was found on godlikeproductions.com forum originally posted on rinf.com but no longer available:
This is a documentation and study of the feasibility of creating a sustainable fusion reaction from an initial fission reaction on Saturn caused by a significant quantity of Plutonium-238 being inserted deep into the atmosphere. A fusion-ignited Saturn-sun would be the key to creating a human-habitable area on Titan. This report is the result of my intensive research on this subject since late 2002. I could not be so confident in my assertions if it were not for the additional key research of Jacco van der Worp, a Netherlands physicist, and former NASA Consultant, Richard C. Hoagland. I am sure I will be accused of being an alarmist, but I believe the information presented here will convince any open mind that there is at least some suspicious activity regarding NASA’s Galileo and Cassini missions.
Exotic Titan, Saturn’s largest moon, like an early earth frozen in time~”
There are a few people in the world, who with endless imagination and creativity in union with massive resources and high technology have been playing “God” and secretly experimenting with changing the makeup of our solar system. There are not too many plans conceived that could be greater than creating a new star in our own backyard. One could almost claim godship upon success. Although at first I considered hiding what I knew so that the plan would go forward with full success, in the end my conscience overcame this desire since I knew there could be dangerous Earth implications for such a plan. Also keeping something this large a secret would be like finding a massive buried treasure while deep-sea diving and then never returning or telling anyone about it. (I still find myself wavering back and forth between wanting to see this spectacular plan unfold and not wanting it to happen knowing the potential consequences). I first stumbled onto the reality of this project while reading a famous conspiracy book entitled “Behold A Pale Horse” by William Cooper, former U.S. Naval Security Briefing Team member. Most people who came across Cooper’s short account (only a couple paragraphs) immediately discounted it, afterall, creating a star with a plutonium bomb sounds somewhat incredible at first, but this idea captured my imagination and completely fascinated me. I kept asking myself, “Why discount this?” With advanced knowledge and technology, I could see how some great minds would start to think about doing once impossible things. The more I checked into the facts, the more I became convinced that Cooper did not just make this up out of the blue. Too many coinciding events that he had predicted started manifesting themselves for it all to be just a tale. I could not keep quiet anymore about the plan despite my appreciation of the deep science, creativity, and innovation that made it possible. Also, despite the long odds of the event occurring, I felt compelled to warn the public because of the potential danger from the cast-off of matter that normally occurs in a star’s ignition. I will also make a case that there is a great deal of ritualistic symbology associated with the timing of this event, symbology that has strong ties to Freemasonry (old and new). I ask the reader to consider this scenario first: If a handful of the world’s greatest scientists were hired and paid top dollar by an organization with great wealth to solve a nearly impossible scientific problem and were allowed to work on it full time for years or even decades, do you think they would have a good shot at solving the problem, assuming they had the latest and greatest technology at their fingertips and were allowed to work in secrecy? My personal answer to this is “Yes, I believe they would have a very good chance!” One needs only to know the story of the “Manhattan Project” to see this. Read the rest of this entry »
Leslie Stahl makes some very interesting comments on the morality and ethics of mind-control.
Here are mine:
1. The technology called FMRI (Functional Magnetic Resonance) is OLD and ARCHAIC actually. Mengele and others were “reading” brain waves via magnetic resonance graphing in the early 70’s. Boston-Logan Airport is already using NEW light-wave beams to scan AND READ air traveler’s INTENTIONS before they board the planes.
2. The GERMAN individual Stahl interviewed was very HESITANT TO REVEAL exactly WHO HAD THE MIND-READING TECHNOLOGY TODAY. Again, just look at the U.S. PATENTS issued in the last decade to realize the height and breadth of the mind-control explosion – and keep in mind that patents are usually applied for AFTER the technology has been proven to be commercially viable via working models. —.
3. The FMRI “computer” that “reads the mind” is just one side of the coin. IT IS MUCH, MUCH EASIER TO PRODUCE EMOTIONS AND IMPULSES INTO the brain than to actually READ the brain via computer programs.
4. This technology needs much more bandwidth space than is currently provided by ANALOG SIGNALS in order to be implemented. Thus the need to switch to DIGITAL SIGNALS EXCLUSIVELY.
5. THIS TECHNOLOGY, IN THE WRONG HANDS, IS A BIGGER THREAT TO INDIVIDUAL FREEDOM THAN ANY STANDING ARMY.
6. IS HOMELAND SECURITY THE “WRONG HANDS”?? Why is this just now beginning to be reported by such news programs as “60 Minutes”?
Read this patent abstract, and then read my expose on DIGITAL TV once again in the context of Stahl’s report.
TITLE: Nervous System Manipulation by EM Fieldsfrom Monitors
Issued to: Loos, Hendricus
Abstract: Physiological effects have been observed in a human subject in response to stimulation of the skin with weak electromagnetic fields that are pulsed with certain frequencies near 1/2 Hz or 2.4 Hz, such as to excite a sensory resonance. Many computer monitors and HD TV screens, when displaying pulsed images, emit pulsed electromagnetic fields of sufficient amplitudes to cause such excitation. It is therefore possible to manipulate the nervous system of a subject by pulsing images displayed on a nearby computer monitor or DIGITAL TV set. For the latter, the image pulsing may be embedded in the program material, or it may be overlaid by modulating a video stream, either as an RF signal or as a video signal. The image displayed on a computer monitor may be pulsed effectively by a simple computer program. For certain monitors, pulsed electromagnetic fields capable of exciting sensory resonances in nearby subjects may be generated even as the displayed images are pulsed with subliminal intensity.
This technology is about to be used, albeit in a more subtle fashion, against American citizens in a highly classified and covert operation to mind control and manipulate the entire population into ‘compliance’ with our New World order overlords. The technology will utilize a combination of HAARP transmitters, GWEN towers, microwave cell phone towers, and the soon-to-be-mandatory High Definition Digital TV that will enter your home via: a) cable, b) satellite, c) HD TVs, or d) those oh-so-easy-to-obtain “digital converter boxes” that the government is so anxious to help you obtain and underwrite most of the cost on your behalf.
But why is the government so anxious to help American citizens experience a clearer and more highly defined television picture? Does that make sense to you? Since when is the government so concerned about the visual quality of our televised entertainment that congress would pass an undebated statutory proclamation which mandated that the HD conversion take place on Feb. 17, 2009 and and then subsidze about 90% of the associated cost?
I’m only guessing, but if there are 200 million “regular” televisions in America to be converted into HD, then that $40 in government subsidy per TV x 200,000,000 = $8 billion. Why is the government so anxious to spend 8 billion dollars on her citizens to improve the clarity of a TV picture? Or is the recently touted “additional bandwidth” cover story that supposedly is to be gained with the HD technology the only and genuine reason for spending so much taxpayer dollars on HD conversion?
The second service that this author performs is to “out” two of our more deceptive CIA/Pentagon ‘assets’ masquerading under the rubric of natural health advocates. Their names are Rima Laibow and her husband, “former” Major General Albert Stubblebine. If your e-mail Inbox has been filling with warnings and articles in recent months about the coming Codex regulations and the “wonderful” job that Rima and her retired Army husband have been doing to try and stem the tide, then you know who I’m talking about.
