Monday, December 29, 2008

Where Do These People Really Come From?

The people that are held up to us in the media. Where do they really come from?

Some will say that they are just like us but famous. Some others may say that they are from the well to do and are meant to be famous. Yet others (like me) say that they are pod people.

Pod people to me means that they are born and bred from a particular bloodline to remain in the positions of power so that the "little people" never get in. The majority of society would laugh and shake their heads, thinking that I was completely insane to say that, let alone think something that outrageous. I, however consider myself completely coherent and sane for that matter and will continue to DARE to think along those lines.

My argument to those skeptics would be to show me just 2 people that have truly come from some nowhere place, attended some piss ant school in some nowhere town and have made it to the heights of fame and renown. Just 2 people. It cannot be done because these people are not like the rest of us.

I have said before in my other blog that all of Hollywood is made up of the children from the child sex slavery business that runs through Washington and the Halls of Power. How's that for crazy? But I give a nod to Cathy O'Brien for her dedication and honesty in drawing attention to the plight of the people who are victims of this. But even Cathy doesn't know the real truth behind what she has experienced because she herself does not know where she came from. She knows the parents that she saw but are they her REAL parents? She will never know.

What is heritage? Does anyone really know where they REALLY came from? Who their real parents are? I don't think most people do. Some do because there are bloodlines that are distinctly preserved and protected. But to the common man who knows whose who.

For me to even entertain the thought of going to Harvard would be equivalent to me thinking about going to the MOON. I know where Harvard Law School is. I can go right to the door of the school. But I will never get in. Not in a million years. I know where the moon is too. I know how to get to NASA to ask for a ride to the moon. But do you think I would ever be allowed on the shuttle? NO. Same difference. Harvard might as well be on the moon for me.

I have the brains to go to Harvard. I'm not a stupid person. I have outrageous ideas, but I am smart. I can function in a school like that. I may not graduate Magna Cum Laude but I think I can hold my own. But I will never see the inside of that school as a student. Not because I don't have the brains to get in but I don't have the BLOODLINE to get in.

Harvard and Yale and a few other schools are private schools for the bloodline children. They will and have always been just that. You don't think that the bloodline children can mingle with the little people do you?

I learned something recently that I should have caught the snaps to a long time ago. Watching Caroline Kennedy out in public now and being reminded what a recluse that she is. She doesn't know how to function in "normal society". Yes, her brother mingled with the common man, but her brother was curious. He got out there and mingled because of the oddity between him and his life and the normal people or "little people" if you will. Once he saw something that started him thinking and getting the idea that he could effect a change he was eliminated. That is what happens to those people who either break their conditioning or get "confused". John John was sacrificed just like his father and his uncle. Caroline is being sacrificed now so to speak by being put out into the filthy, dirty, scumbag world and she so clearly cannot function out here.

Most of the bloodline children can't. Put them out here with the sodomites and see how long they last. Why do you think they marry within their own realms? You never hear stories about how they met some guy or girl just working out here in a nowhere job in a nowhere town and they live happily ever after. You hear about George Clooney doing that shit, but Clooney is gay, he has no intention of ever marrying some female. That is for show.

Why do you think that homosexuality rules Hollywood, Media & the Halls of Power? Because that is what runs the child sex slavery business. The ones in the most powerful of positions are gay. They breed gay. Gayness is supported and pushed as an acceptable way of life. It is for them anyway.

Everyone is gay or bisexual. There are very few if any heterosexual people in those positions. Yes, there are those who are married with families but that doesn't mean anything. A lot of gay people are married and HAVE CHILDREN. That doesn't mean anything obviously because you see them come out and say they were living a lie as a married heterosexual.

I learned a lot from watching the 9 episodes of My Own Worst Enemy before it got yanked off the air. The powers that be love to brag about what they are doing and getting away with and all the cool toys they have and what they can do if they want to. My Own Worst Enemy was nothing more than bragging rights. It was a "look at what we are doing and there is nothing you can do about it". I even saw a commercial to join the CIA during the shows run.

Most people will tell you that these TV shows like My Own Worst Enemy or 24 is just Hollywood and isn't real. Bullshit. Where do you think they come up with the shit they use in the movies and television? Who gives Hollywood the green light on what can and cannot be made? Who do you think does the PR work for the Foggy Bottom Boys? There is more reality in these shows than anybody wants to admit. Because if you start admitting that this shit is real then you have just canceled out your own fantasy world you have been living in. The two worlds clash at that point. Better to look at these shows for what they really are and then when you finally come face to face with it you will not be so blown away that you cannot function.

I completely believe that the powers that be are capable of not only what is in My Own Worst Enemy but more. I believe that a lot of people are living lives they know nothing about and that they are so intermingled with society that if you tried to separate them out you would be extremely hard pressed to do so. Look at the person who works next to you at work. Do you know them? Know where they came from? Can the pictures they show you of their family be considered to be real? Or are they created? What about yourself? Are you real?

The ones that have the purest bloodlines are the ones that are retained inside the inner circle. The others that are nothing more than collateral damage from some accidental breeding process are left in society to function until possibly needed at a later time.

Look at Prince Harry. It is clearly obvious that James Hewitt is that boy's father. He doesn't have one drop of royal blood in him as far as the Royal Family is concerned. He does not have one drop of Charles' blood in him. But yet he is held up to us as one of the heirs to the British Throne and people accept it. They can be shown pictures all day long of the distinct and absolute proof of James Hewitt being the father and people will walk around and call him Charles' son. Blind ignorance. They don't want to believe what is all too true and what is all too common. It is too scary for them.

This is why Harry will never ascend to power. He will remain as one of the Royals but he will never see the throne. Not by choice anyway. William will ascend to the throne and take his rightful place as Arthur the once and future king. You wait and see if that doesn't happen. It is closer to happening than most people want to admit. Bloodlines.

These people are not normal people. They don't live normal lives, they don't understand normal things. They live in a fantasy world, because that is where they were raised. If you were to drop them off in society and expect them to function they would be completely lost. They would actually fail. A daydream that I have for a lot of them.

A rule of thumb I always try to practice is that when I see a person being held up to us as one to be honored or worshiped I automatically think that this is a pod person. God is the only entity to be worshiped, not mankind.

Sunday, December 28, 2008

Rudyard Kipling

IF

If you can keep your head when all about you
Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you
But make allowance for their doubting too,
If you can wait and not be tired by waiting,
Or being lied about, don't deal in lies,
Or being hated, don't give way to hating,
And yet don't look too good, nor talk too wise:

If you can dream--and not make dreams your master,
If you can think--and not make thoughts your aim;
If you can meet with Triumph and Disaster
And treat those two impostors just the same;
If you can bear to hear the truth you've spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to, broken,
And stoop and build 'em up with worn-out tools:

If you can make one heap of all your winnings
And risk it all on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breath a word about your loss;
If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the Will which says to them: "Hold on!"

If you can talk with crowds and keep your virtue,
Or walk with kings--nor lose the common touch,
If neither foes nor loving friends can hurt you;
If all men count with you, but none too much,
If you can fill the unforgiving minute
With sixty seconds' worth of distance run,
Yours is the Earth and everything that's in it,
And--which is more--you'll be a Man, my son!


Worth a mention here. Since Blago used it in his press conference I was interested to see what the whole poem said and thought when I read it that someone else could benefit from it.


Friday, December 26, 2008

Why America Will Never Revolt

I am always hearing about how one day America will revolt against what is growing in this country. I beg to differ on that subject. I put forth the following theory that America will NEVER revolt.

When you dumb down and medicate the people you render them harmless. They will never ever rise up to do anything. Since the early 30's (maybe earlier than that) the people have been systematically dumbed down and increasingly medicated. To the point that nowadays people can only think about the next reality show, who they are texting on their cellphones and where the next good time can be had or where to buy their next hit of heroin, cocaine, crack, marijuana or pharmaceuticals. They care little about anything else.

I was listening to Mike Barnicle talk on Morning Blow the other day and he was very succinct in what he described as the American people. He said that people were incapable of any attention span and were incapable of reading anything beyond the three lines of text they type and receive on their cellphones. I totally agreed with him. As a matter of fact he was being too kind to the people.

It's that bad now. People have no attention span unless they are playing a video game or watching some moronic movie or reality show. To try to get people to do anything you have to wade through the bullshit of everyone wanting his or her way and him or her being offended. You would never get 3 people to agree on anything for more than a few minutes before someone got offended.

When you think about all the medications that are being put out for the people you would have to ask yourself how people are managing to function at all. Pills for impotence, pills if you don't want a menstrual period anymore, pills for depression, pills for dieting, pills to make you sleep, pills to adjust your cholesterol, to adjust your blood pressure, to help you urinate, to stop urinary infections, to stop heart attacks. Pills to cure STD's, pills to prevent pregnancy. Pills for anything you want.

There are people walking around that are taking an army of pills everyday. They must have some affect on a person. If you ever listen to what they say the side effects of some of these pills are you hear them say that death itself could be a possible side effect. Listen to the side effects and you will get the message.

Then you have what they are putting in the water. Flouride and lithium are two things that have been in the water for years and years. The Germans started putting Flouride in the water back in the 30's to calm the people down. Lithium is naturally in the water in some places but is added in larger quantities all around the world. In the last year there were articles being published about the amount of undigested medications in the water supply. People taking all these pills and them passing through the body without completely breaking down. Going into the water supply and not being filtered out. Then going out into the public and the masses consuming them. Of course they won't tell us just how bad that problem REALLY is. But if you do some basic reasoning you could figure it out for yourself and you wouldn't need to be told how bad it is.

Then you have what they are spraying you with in the air. One of the more common things that is being sprayed is aluminum particles. But there is quite a cocktail of things that are included in the chemtrail sprays that include such interesting things as carbon, metal cations, nano wire fibers, and barium. Mmm, Mmm good. I just love to get my daily dose everyday when I walk outside and take a breath.

This isn't to mention what they are putting in the foods to make them last forever. We know that they are now currently radiating the vegetables and fruits and they are also using genetically modified fruits and vegetables. You have mercury in the fish. Beef is getting hormones. Then you have the dry goods and you don't know what they are doing to that stuff. Everything has salt and sugar in it. Two things that aren't good for you. Then what goes into the preservatives they use?

You can't win. They have you coming and going. People are too fat, too lazy and too unconcerned. The government can do whatever they want as long as they don't interfere with the people's lives. But when they do interfere the people will bitch and moan and cry that their rights are being violated but they will NEVER, EVER stand up and defend anything. They can't, they don't have it in them anymore. They are incapable of understanding anything and they can't come together because they have been isolated from each other.

The American people have already laid down and gone to sleep.

Thursday, December 25, 2008

America - The Great Whore OR Neighborhood Bully Out of Control

Is America the Great Whore spoken of in the bible? Or is she nothing more than a neighborhood bully run amok? Let's discuss this and see.

According to the bible a whore has much fair speech and flattering lips.

Flattery is excessive praise used to seduce someone against his will. It is portraying a matter too favorably in order to make it more pleasant and to beguile the listener. Men love the praise of a woman, for winning the favor and devotion of a woman is an instinctive drive placed in their heart and loins by their Creator. Evil women manipulate this desire in men to prey on them in their scheming plans of seduction for various ends.

This is how America moves through the world and seduces countries that it seeks something from. When it sees something that it wants from a country, it comes in and flatters and lies and does whatever it takes to get that country under its control. Much like a whore.

I can find no other country that displays such whorish traits as the United States. There is nothing that this country will not do to get what it wants at the moment for whatever reason it desires. I find that attitude revolting.

When other countries see us for what we are and refuse us what we ask or more often demand, we will work at destroying that country until it capitulates to our wishes. When countries are stronger in some respects and can threaten us we demonize that country and make it look as if it is a great enemy when in fact we are the very enemy that we describe them as being.

A bully does the same thing. Everything is a lie. Everything is made to look as if everything and everyone else is wrong and we are the only ones who are right. That cannot be realistically.

There are case after case where we have taken advantage of a country because there was something there we wanted. Iraq is the one of the latest examples. They told us that we would be seen as liberators. Liberators to a country that was supposedly under the control of a madman. Because the American people do not know any better and have chosen to ignore any kind of education they believe whatever they are told. The number of innocent people (both American & Iraqi) that have had to die because the powers that be wanted strategic control where the oil was concerned. It did whatever it had to do to get what it wanted....including slaughter. Makes no difference to the powers that be, people are nothing more than an annoyance to them.

I don't have to sit here and list all the countries that have fallen under the pressure from the American whore. Look to Zimbabwe and Robert Mugabe as another recent example. Britain has released cholera on the people since Mugabe won't capitulate. America does the demonizing and the onslaught of the campaign that tells us repeatedly that he is a murderous tyrant has begun and will continue without ceasing until either Mugabe goes the way that Saddam Hussein did or he gives in to the pressure and lets America have what it wants. But he cares about his country and it may very well cost him the one thing he cares the most about.

This is the game that is being played with the rest of the world.

Is America a whore or a bully. I think she is a Bullying Whore myself.

Tuesday, December 16, 2008

It's A Miracle - Adam Walsh Murder Solved

Who would have thunk it? Adam Walsh's murder is miraculously solved! It's a miracle!!!! Right.

If anyone was ever paying attention to that "murder" to begin with they would have seen all the familiar earmarks of an inside job. I'm not blaming John Walsh mind you....not directly anyway.

It's the same thing that happened to JonBenet Ramsey. Their parents, the Ramsey's and the Walshes sold their children into the sex slavery ring. Those children were killed in ritualistic ceremonies. They were allowed to be killed. Nothing different than what Joe Kennedy did to his sons repeatedly in the public eye. He had no problem with them being killed for whatever reason.

John Ramsey worked for Microsoft. He was the one who invented the database program for Microsoft - Access. They lived like rich people and it was no surprise that that happened in that family. There sure wasn't that much grief and they didn't act like regular parents.

John Walsh has some very sketchy details as far as his past is concerned (1st red flag). If you search his bio anywhere most will only talk about Adam. Some list his birthplace as Washington, DC and some list it as Auburn, NY (2nd red flag). Essentially John Walsh didn't exist before the murder of his son for all intents and purposes. How odd.

This is what I am talking about. We all have some form of biography to tell. We all were born, grew up, raised and worked somewhere. I don't think that there are that many people who just "poof - came into existence".

The child sex slavery ring is huge and has been in existence for many, many years. It must be fed somehow. Jeff Gannon gave us a bird's eye view of it back a few years ago. It is common knowledge that young boys are paraded through the White House late at night. We know what is going on, but most refuse to acknowledge it. That doesn't make it go away.

Cathy O'Brien has tried to bring attention to this matter but gets blown off by the public as being a nutcase. That doesn't make her one though.

The news media would like for everyone to think now that some strange man by the name of "Ottis Toole" (how do you like that name), did it and died in prison. Like anyone can ever challenge that.

The big payoff for John Walsh was his TV show. The powers that be made him an international star and he got one hell of a big pay day for playing ball and going along with the game plan. Now that there has been enough time passed the case gets mysteriously solved. You would think that with his show he could have found the killer if there really was one. That's why he didn't because he knew what happened to his son. But he wanted the money and fame more.

There are those people out there. They will sell off their children and this has always been the way it has been since the beginning. It is still done today in this country and around the world. This is not something that only happens in the US.

The Ramsey's are different in a sense because they didn't get any TV shows or large amounts of cash for their donation to the ring. They stayed in the public eye and kept the story going all the time. They didn't play ball. I will never believe that Patsy Ramsey just happened to get cancer. I believe that she needed to be shut down. There is also a rumor that she named the person who did her daughter on her deathbed. That would not surprise me in the least. But she was offed. Since then John Ramsey has shut his mouth and gone on his way. He wanted to keep breathing.

This goes on all the time. Most of the abductions that you hear about are for the sex slavery ring. There just aren't that many nuts on the loose. Even the Lindberg case was a contribution to the ring. Everyone close to the Lindbergs admitted that Charles bragged about it. Hauptmann was the fall guy, the patsy.

It's an ugly subject, but it is real and alive and well. People just would rather prefer believing they live in a world where things like that do not exist or do not happen. How unfortunate for them.

Saturday, December 6, 2008

Not Enough Qualified Americans To Go Around

Well, well, well it looks like there are not enough American doctors to go around for the war effort. So they will need to hire out illegals to do the various medical jobs that the US Government needs done.

I find this hard to believe. But then again it just so happens that Bush signed an executive order less than 3 years ago allowing for illegals who serve in the US Military to be eligible for an expedited citizenship. I guess they saw this coming didn't they?

With the number of doctors and nurses that they have rolling out of schools here in this country every year you would think that they would have plenty to choose from. I know the doctors and surgeons are plentiful because they all go to school to make the big money. I am sure (even confident) that there are enough translators around the country to fill the need for the military. But somehow I don't think that is their agenda. Because if it were then the government could step in and require the medical community to serve its country in whatever capacity is needed since it is a life saving situation. I know I cannot be the only one thinking of these things.

You know if the military would stop spending millions of dollars in the research of staring at goats and spend it where it needs to be spent they may not have this problem right now. But then it really isn't a problem. They tell us it is, but it isn't.

They (the powers that be) are strategically maneuvering into bringing in as many illegals as they possibly can in order to help bring this country down to a third world nation. If you bring in enough of everyone you cease having anything that is anything at all but one big ol pile of people. It's like going to Florida. Try finding a true Floridiot in Florida. You can't do it because they never existed. Try finding a true Californian in California. You can't do it. Try finding a true New Yorker in New York. You can't do it. The people who live in those states are all transplants from elsewhere. There are no original people. But then you could say that about this country as well.

Most people will argue with you and say that the people born in those places are in fact true people of those places, but I disagree. I was born here but my great grandfather wasn't. My original "home" is in Germany on my father's side and Ireland on my mother's side. With that being said, in order to determine where your true home is you have to go back to where your ancestors originally came from. Not where you were born.

The only original citizens of this country would be the Native Americans. The rest of us are all illegal aliens. We have no right to point the finger at anyone else unless we are willing to leave ourselves. Which I don't think we are.

That is why it doesn't surprise me that history in a weird way is repeating itself. The influx of foreigners like at the turn of the century.

Hell I say bring 'em on. Pour in as many as you can. The white man is getting ready to be a third class citizen here in the good ol USA. They are already accomplishing this task in Britain. The people don't like it but there isn't much they can do about it but leave or deal with it. The Indians (East) are taking over Britain in no small way. Next we will see a raghead sitting on the throne over there.

It's this way almost everywhere in the world that is industrialized and progressed. But the US is definitely on its way to being a third world country. But then even that has to come about at some point. Like Rome fell, so will the US.

What I find fantastic is the fact that the powers that be are so narrow sighted that they don't see what they are doing. They see what it looks like on paper but they don't allow for the possibility that maybe in real life it won't play out that way. But then they are the brains and they know better than anyone else. I say whatever.

These plans that they execute are born and bred in think tanks. That is what those brains get paid to do. They are given a hypothetical situation or maybe just an idea written on a napkin and told to "flesh it out" and see if they can take it full circle. Which of course they do. But it is all on paper. None of it can be truly "fleshed out" until it is put into action. Taken off the page and put into practice so to speak. Once that is done then they can see if it works or not. All the things that they are doing were born and bred in a think tank somewhere.

But to fill up the military with illegals and foreigners tells me that the army can be made up of anything, they don't care as long as they have the necessary number of bullet stoppers out there. Remember we will be fighting wars with Iran, Pakistan, India, Afghanistan, Israel. All these countries are going to be involved in one BIG FAT WAR. I think they will try for World War III here. I say whatever.

It was only a matter of time anyway before this started.

Monday, December 1, 2008

Is Everybody Happy!?!?!?

I was reading an interesting interview today with Will Smith on his new movie "Seven Pounds" and he was talking about several different things during the interview. One of the things that the interviewer put to him was whether or not he was a "Scientologist". I found it quite interesting that he was incapable of giving a simple yes or no answer until specifically made to.

Here is the way that conversation went:

There are also rumors about you being a Scientologist. Jada has spoken about you two studying many religions, including Scientology. So are you a Scientologist?

I love the nature of humanity's search for meaning. For me I'm certain about my relationship with the model of perfection of human life that's laid out with the life of Jesus Christ. I'm certain of that. So I'm at home and not fearful when I sit in a mosque or a synagogue or a Buddhist temple, the same way that I'm home in the Church of Scientology. I like anywhere people are searching for the truth, and I respect their path and I'm intrigued by their path. I think when you are certain in and of what you believe in, you can open your mind to seeing the ways of others. I'm not bothered when someone says "Allah" because they're talking about God—we are talking about the same person. I was in India recently and my hotel was near the Taj Mahal. Five times a day there would be a call for prayer, and it was the most beautiful thing. I was lying in my bed thinking, no matter what your religion is, it would be great to have that reminder five times a day to remember your Lord and savior.

How droll of him. He was asked a direct question and gave a politician's answer. Asked again more directly he was forced to answer specifically.

So you're not a Scientologist?

No, but when people are afraid of religion they have to go back and get in touch with the Good Book. Fear of other religions means you're questioning your own understanding, and that's just not where I am.

Hmm, a get even response after saying "No". When people fear other religions it means that they are questioning their own? I don't think so. That sounds too much like "When people fear Homosexuality that means that they are questioning their own sexuality". Could it be something much simpler than that? Could it just be ignorance? Ignorance of one's own religion as well as other religions? Or sexuality? That was a very telling answer he gave.

Let me explain something here before people start going off the deep end and start saying stupid shit like "What do you think being ignorant means?" The southern mentality is a perfect example of what I mean.

Those people in the deep south spend their entire lives every single Sunday and Wednesday night in their local church nodding in agreement to every single word the preacher says. They don't understand most of it but because that is the way their parents and their parents before them did that is the way they do and it is not open to interpretation or explanation or justification. "No reason to read the bible since the preacher is telling us what it says". End of story. That is not a matter of questioning anything on their part. They take what they hear to be the truth and they DO NOT intend to have it questioned by some smart alecky asshole.

When something different comes along it is automatically perceived as "foreign", which it in fact is. If something is not known it is foreign. People are generally skeptical at first of foreign things until they are around them for awhile and can see what they are all about, generally speaking. You do have those people who have no use for anything that is foreign. That is their choice. It does not mean they do not understand or are questioning a damn thing.

I can give you a personal example from my own life. I don't like certain personality types. Those certain personalities make themselves apparent to me within the first 5 minutes of talking to them usually. They are the types of people who feel the need to step on everyone around them to make themselves feel superior. We all know these type of people. I don't like them. From the initial recognition of them being in the immediate vicinity causes me to become quite cynical and insulting with them. I do this on purpose because I have a deep dislike of them.

Here's the argument. They may be right in what they do and how they act. But I don't like them. I am not questioning a damn thing with myself or my beliefs. I KNOW I don't like them and I KNOW why I don't like them and I INTEND to continue not liking them because I don't SUBSCRIBE to their particular belief systems. Now who is questioning what here? No one. They don't question their own system and I don't question mine. We both know we don't like each other and we assume the necessary attitudes when in contact with each other. End of story. It is just that simple.

Will Smith is spewing forth the psycho babble of the Scientologist Church. I know double talk when I hear it.

Don't throw a blanket over the entire South and tell me that they are all questioning their belief systems when they see a homosexual or come into contact with a foreign religion. They aren't, for the most part. There are probably a few that do. But the majority blindly follow along in their own religion because it is the way they were raised and they CHOOSE not to question it. "If it was good enough for my daddy and his daddy's daddy then it is by God good enough for me". That is the belief system in a nutshell. They do the exact same thing with Patriotism, Guns, Politics, Marriage, Kids, Life, etc. They have a code they live by and CHOOSE not to question it.

Will Smith is full of shit.

Then asked whether or not Scientology would be taught in the new school that he and his wife have started he refused to give a clear answer on this as well:

The school that you and your wife, Jada, opened this year in Calabasas, Calif., the New Village Academy, has gotten a lot of attention, particularly rumors that Scientology will be taught there. Did that upset you?

It was just important to me to put something out there to help kids understand that it all starts right there—in that classroom and with those teachers. I want to be a part of kids figuring out that it is a new time in America and they can be a part of it. I take my citizenship very seriously, and one part of that is service. My grandmother taught me that, and I was happy that President-elect Obama talked about it so much on the campaign trail. Part of the reason the country is where we are now is because many of us aren't doing our part. We need to get back to the help-your-neighbor concept that's just disappeared in the last eight years.

I feel like I am listening to a politician being interviewed. You ask them a question and they tell you what they want you to hear. Talking points if you will. No one fucking asked him about his citizenship. They asked him if he was upset about people spreading the word that Scientology would be taught at the school.

I just talked about the Hollywood crowd a few blogs ago. I would like to believe that there are some actors out there that do not come from the same breeding pool as the open nut jobs that are running around in Hollywood, but I can't because they all come from the same "family". Some just appear to be better put together than others.

Now here's the clincher, asked about how Will feels personally about Tom Cruise. This answer should send shivers up and down the spines of those familiar with the original movie "Manchurian Candidate".

You and Tom Cruise are good friends. What is it about him that makes you guys so close?

Tom is one of the most open, honest and helpful people I've met in Hollywood, or really anywhere.

Here is the quote from the movie "Manchurian Candidate" starring Frank Sinatra that is the required answer from all the mind controlled soldiers when asked about "Raymond Shaw".

"Raymond Shaw is the kindest, bravest, warmest, most wonderful human being I've ever known in my life".

I find an extremely strong similarity in the answer that Smith gives about Cruise when compared against the Raymond Shaw response in Manchurian Candidate. And by the way I do not recognize the Denzel Washington remake of that movie. I watched it, it sucked.

I see that further into the article Will Smith admits that all the scripts that he is interested in doing he sends to Tom for Cruise's approval. How quaint. I thought Will Smith might have done some of his own thinking, but I guess not.

No one else gave you that kind of support in all your years in the business?

Well, Eddie Murphy and Bill Cosby reached out and really helped me back in the day, but they were older. Tom is my age, so I really felt there would be some competition between us, but he looks over my scripts and everything. When I did "I Am Legend," I sent him the script, and he sent me back four hours of notes and changes. He did more work on "I Am Legend" than I did.

First off, Eddie and Bill were first and foremost comedic actors which would have served Will back in the Fresh Prince days. But once he started in dramatic acting they wouldn't have been much help there since that is not their genre of choice. Even though Cosby did do "I Spy" early on in his career.

Now let's get down to some specifics here - Eddie Murphy was born in 1961, Cruise in 1962 and Smith in 1968. I would think that Eddie and Tom are pretty close in age wouldn't you think? I will concede that Cosby is older, hell he's been around forever. But I think what the truth really is here and what he would not say out loud is that Eddie and Cosby are not part of the Scientologist cult.

But the fact that Tom has final say so to speak of Will's scripts tells me quite a bit. Who is in control here? Tom or Will of Will's career? I think we have the answer there.

Here's another confusing, political answer from Will Smith:

You talked a lot about what Tom has done for you. What do you do for him?

Well, I hooked Connor up! It's just to have someone who knows what you're dealing with and being able to talk to them and get good advice and know that they mean you the best. I think now I'm mature enough to know how important it is to bounce things off the wall to someone who knows exactly where I'm coming from.

Who are we talking about here? Connor or Will? Who is doing the bouncing and who is doing the advising? First look it reads as if Will has Connor around in order to talk to and get advice from. But that can't be possible since Connor is only 13 years old. But after re-reading it I still can't be sure what he is talking about. That is again, the feeling you get after listening to a politician and you are not sure what you just heard and you can't make any sense out it.

Why does Connor Cruise look like Will Smith's offspring?

This is what has me stumped. Where & how do these people "adopt" these kids? What pool are they drawing from here? Is there any decision making going on here or are these children being assigned to them to raise? This is my own personal opinion on this. They are "accidental" products of other mind controlled people and outsiders. The babies are taken and placed with slaves to raise. We are being told that they are "great humanitarians" because instead of polluting the planet by reproducing they are taking in the ones already here and needing homes. What a load of SHIT!

I hate having my intelligence insulted every damn time I turn around by some of the lamest, most absurd lies that I have ever heard. The chances that Connor Cruise could look so much like Will Smith and be adopted by Tom Cruise only to have his first acting role playing Smith's younger self in a movie? I don't think so. That is not just a lucky chance. Chances are that Smith probably got some girl knocked up about 14 years ago and the baby was taken from the girl and placed with Mr Wonderful and Nicole Kidman to raise (who are both slaves). God only knows who Isabella's real non-slave parent is. I can't place who she looks like. By the way Isabella seems to be proudly signifying the fact that she has a "girlfriend" these days. Why are we not surprised she is gay and why isn't the media talking about that? Could it be that Tom Cruise controls the media and what they can and cannot say about him? It would not be the first time he has been accused of that.

Now to prove the point that not only is Tom Cruise full of shit on top of being a mind controlled slave, I will also prove that Scientology is a bullshit religion (cult) created by a man who was clinically insane.

L Ron Hubbard was known by another name way back in his younger days. That name was "Frater H". The reason he had that name is in fact a very interesting story, which only serves to back up what I have been saying about these nut jobs.

Here is a short description of Hubbard and one of his early "disciples":

Jack Parsons

Am early contactee with Nordics (space aliens) includes Scientist Jack Parsons who met the so-called Venusian saucer in the desert in 1946. He is the creator of solid rocket propellant fuel and went on to become one of the founders of the Jet Propulsion Laboratory in Houston and the Aerojet Corporation. Hardly a small time quack. Jack was a member and leader of the Agape lodge. This was the American chapter of Aleister Crowley’s Occult group, Ordo Templi Orientis, based in England. Aleister Crowley was a world-renowned occultist and Satan worshiper. Prior to the war, he met Adolph Hitler and continued correspondence with him. It has been said that Crowley was everything from a Nazi spy to a double agent working for the allies. There is unclear evidence for both rumors but every indication is that he was involved in spying. One of Jack Parsons early United States contacts with the Agape Lodge was a man code-named as "Frater H." He had a close association with Jack Parsons and led him to believe that he had come into contact with the same higher powers that Crowley himself came into contact with, in Cairo in 1904. Interestingly enough, a drawing of this higher power is the image of the typical "Gray"(space alien). This association of Parsons to Frater H later proved to assist in his downfall. They shared a joint banking account of which Frater H. took the money and wound up marrying Parson’s girlfriend. By 1952 Parsons now referred to himself as Belarion Armiluss Al Dajjal Antichrist. In his home laboratory he dropped a vial of fulminate of mercury and died in the resulting explosion. Jack Parsons was a man with a professional life filled with great achievements. Parsons was hardly the stereotypical contactee as depicted by supermarket tabloids. Yet his personal and spiritual life was filled with the occult, deception and yet another possible Nazi connection. He also paved the way for the Nordic.

L Ron Hubbard aka Frater H.

Frater H., the man most responsible for leading Parsons into this madness was himself a claimed contactee of the Nordics. His real name is none other than the well-known L Ron Hubbard, Science-fiction writer, Author of Dianetics and Founder of the Church of Scientology. His sphere of influence today in America is renowned. Many movie stars, intellectuals and social elite are ardent followers of his "Church". Recently his "Church" is suffering persecution in Germany. I believe because of all people, the German people have heard this line before and recognize it for what it really is.

Nut Jobs. These people believe in aliens and the occult and God knows what else. L Ron Hubbard went insane. No one knows quite when this happened. He may have been mad all along. Who says Hubbard actually wrote Dianetics? Who is to say that he actually started the Scientology cult? They used his name but he spent a good deal of years (it is reported) living on a yacht in international waters because the minute that he docked on US shores the IRS owned his sorry ass for non payment of taxes. What is that? Who knows anything for sure about this guy except what can be documented by first hand experience earlier in his life. That information doesn't help build any credibility about him.

Hollywood is made up of people who have been born and bred in a specific controlled environment. They are all sick, but they are held up to us as being special. Well we know that in school the retarded are referred to as special people so I guess these people can be considered to be retarded to some degree. If you follow that line of thinking.

Hollywood offers nothing but a look into the sick world of people who have no control over their own lives, are mutants and are not normal. They aren't aliens I don't think, but they aren't far from it.

Saturday, November 29, 2008

Dubai, the playground of the Rich & Famous

Well, I see that Dubai has opened up the biggest hotel (resort) in the world. Named "Atlantis The Palm" or Dubai Atlantis if you will. Everything it seems in Dubai is bigger, shinier, longer, wider, etc. Why, if I wasn't knowledgeable about history and the world I would think they were talking about Texas.

If you are wondering where all the money that is being stolen from the people is going, look to Dubai. They are showing off their most recent success. All of Hollywood went there and everyone who is anyone was there. I won't go into all the things that it has, you can read it for yourself. But I will tell you this that it makes Donald Trump look like he's a mere pissant.

I guess when you have a city that answers to no one and offers you everything that you could ever want including sex slaves and prostitution and children being sold on the black market then what more could a rich person want? I find it sad that the rich can only satisfy their desires by debasing themselves and others. What sick people they must be.

Of course all of Hollywood is born and bred out of sex slavery. Most, if not all of the people that have come up through Hollywood started off as kidnapped children who were taken into the sex trade. If not kidnapped then sold in by their parents.

You find this radical thinking? Well think about it a little more closely and watch and see how these people live their lives. They live as if they had been brought up that way. Alot if not the majority are all gay. Most if not all are drug abusers and sadists of some sort. Most if not all are crazy or clinically sick. I don't know of any normal people in the entertainment business. As much as I would like to think that some are normal, I have to admit that they aren't.

The chances of anyone in normal society knowing someone who was not famous and then became famous is rare if not unheard of. You hear of these people coming from normal places and they may have technically but they weren't raised normally. Most if not all Hollywood is sick.

Patty Duke is a good example of what I am talking about. When she wrote her story she touched on the subject but didn't go into alot of detail. But for those who knew what they were looking for could see what she was saying. Most people cannot comprehend these things because it defies everything that we are raised to believe. But it does happen, more than anyone wants to admit.

The fact that the rich have finally unveiled their all new and improved playground tells me alot. If you want to know where all the money has gone that has been taken away from the people, look to Dubai. Too bad you can't enjoy where you money has gone, but I don't think you would if you could considering what goes on in places like that. I know I wouldn't want to go there.

How sad it is that those places exist and children and women have to suffer working there against most of their wills to service the rich and their decadent desires. But then no one said the world was a wonderful place and we have Dubai to prove that.

Manchurian Candidates Called Forth To Duty

Yes, it's true. The Manchurian Candidates that live among us, ignorant of what they are have been called into service for their country. They appeared at WalMart in Long Island, NY and they have appeared at Toys R Us in Palm Desert, CA. They have also appeared in the form of an 8 year old child who shoots his father & his friend and a young Florida mother who has mysteriously "misplaced" her 2 year old daughter Caylee. Also appearing as a man shooting his wife & another person in a church in New Jersey. Also a man who supposedly killed an anchor woman in Arkansas.

My aren't they busy little bees? That is only a short list of just the recent stuff we are hearing about. God only knows what else is working that is only being locally reported. But the shopping murders are the most high profile ones.

You know what they are setting up for don't you? Take the guns away, among other things. Of course the stories of the shopping incidents make no sense when you stop and think about them. Why didn't anyone else get shot at Toys R Us? Why aren't they releasing any details? Why aren't the customers talking about what they witnessed? No one is saying anything of any real consequence. They are just repeating the regular buzz words. Nothing of relevance from either incident. Matter of fact the stories are now out of circulation.

The fact that they were able to get 2000 + black people at a WalMart in Long Island amazes me. Too much money in that area for something like that to happen. Not only that but it wasn't even a Super WalMart. They said in the news that they had 3 items on sale at the store with two of them being a vacuum cleaner for $28 and a plasma TV for $768. Doesn't sound interesting enough to get 2000 people in first thing in the morning. That's not a sale. There were plenty of pictures of that debacle and I am here to tell you that what I saw in 12 pictures does not measure up to the story that is being circulated.

Toys R Us is a weird experience. No names, no details, no nothing. But then again we aren't supposed to ask. I find it interesting that there were plenty of pictures to go around for the WalMart scenario but none for the Toys R Us. Why is that? Both stories went away at the same time.

The reason is because they are all Manchurian Candidates at work. Someone went around for the WalMart fiasco and rounded up all those people and promised them something of value for showing up. They were too mad. But definitely MKUltra slaves for Toys R Us and the rest of the other scenarios that are working in the news right now.

What is the goal here? What are they trying to achieve? Scare the people, frighten them? Make them doubt and wonder subconsciously so that they are more fearful? I think all those are possibilities. But it is the constant onslaught of these type of things.

Personally, I am of the school of thought that people for the most part are not that nutty by themselves. But when you start pumping them full of drugs and subconscious messaging and constant media attention to things that are detrimental to the general population's way of thinking you are going to get some real oddball behavior. Especially if these people are already in some kind of "treatment".We the people are under a constant onslaught of detrimental messaging. We get it from every angle and just trying to hold on to some kind of normal thinking is nearly impossible.

But I take comfort in knowing that when the messages need to be driven home to the masses they can call on their army of Mind Controlled slaves to come out with guns and god knows what else to wreak havoc in society. But if you scrutinize the scenarios and start looking for something that might make some sense you won't find anything. They don't want you to. Just take what they tell you and go on and mind your own business because the powers that be have everything under control thank you very much.

If you want to know who the slaves are just turn on the news or pick up a paper and you will see them all there front and center. There are many of them, no shortage that's for sure. Whenever they need them they are everywhere among us. You may be one for all you know.

Things are only going to get worse and more crazy until we are all pointing fingers at each other and turning everyone in for being a terrorist or some sick fuck. It's only just getting going good.

If you think that the spooks are conducting all this you're wrong. The psychiatrists are the majority of what is working when you deal with Mind Controlled slaves. They use certain words, phrases, drugs, routines, thought processes. The psychiatrists are the critical sources here. It isn't the Foggy Bottom Boys or the Oz crew. They perfected it, but they trained the psych doctors to carry out these things. That is how they reach so many.

When you think about how many people's minds are actually fertile grounds for these types of programming then you can easily see how it happens. If you take enough drugs and stop thinking for yourself and believe everything that is told to you then you are ripe for the picking. Think about how many kids were put in Ritalin back in the late 70's, 80's and 90's. They are grown people now probably still on it and other drugs as well. They push alot of drugs on children early only to add to it later.

Some may say that drugs are good. Well, maybe they are and then again maybe they aren't. I tend to think that anything that is created in a laboratory should be looked at with a high level of skepticism. I don't want to be dependent on synthetic drugs to live. If I get sick I try to treat myself naturally if at all possible. I have personal issues with aspirin, but will take straight aspirin from time to time if I have to. But with all the drugs that are in the foods and water and air, you just about have to treat those problems with other drugs. It is one sick cycle.

But if you take the time to take off those damn rose colored glasses and come into reality and admit to yourself that this is no fucking picnic and this life must be dealt with seriously then you may stand a chance. Otherwise forget it, take the drugs and go back to sleep.

Friday, November 28, 2008

Kill To Shop At WalMart

Well it looks like Black Friday is turning out to in fact be a black day indeed for Walmart.

The actual meaning of Black Friday involves businesses being able to make their yearly money on this one day of the year. When their books turn from red to black. That is the real meaning behind Black Friday. But this year I think it will take on a new meaning.

Walmart is probably one of the most hideous businesses known to humanity. It practices the most criminal type of business and forces people to shop at their stores by lowering prices to the point that people HAVE to shop there if they want certain things. It's psychological. Walmart officials will of course tell you "We don't make people shop here". No they don't physically put a gun to your head and drag you into the store and make you shop. But they do do it on a psychological level.

It's this simple: If you have $20 for groceries for the week where are you going to shop to get the most for your money? Walmart. Nuff said.

You don't want to shop there, but you have to because you have to be able to feed your family and provide other things as well. You have to, you have no choice. Not in this day and time you don't.

Walmart is fucking criminal. I hate that store, I hate the people who run it, who work in it and who own it. I have no respect for any Walmart employee. That is not the only job out there and they damn sure aren't paying that well. If you have ever talked to a former Walmart employee, they would never EVER go back to work for that company. Sometimes you can actually talk to a current employee who will tell you right in the store and right on their shift how they hate that company. Now that is an interesting conversation. I have actually had them.

A man died today at Walmart in fucking Long Island, New York. That place is not a poor area. Those people have money there. But according to the news report the people were such savages that they literally lifted the doors off the hinges and stormed the store stampeding an employee and killing him. They also took down a pregnant woman and another employee but not killing them.

What kind of people do this? What kind of people shop that way? Who were the people that did this and are they aware of what they did? What kind of people do that and walk away?

The Walmart lawyers are saying that they are working with police to bring this matter to justice because the welfare of their employees and customers are their top priority. BULLSHIT. The customers money is their top priority. But don't worry Walmart, people don't give a shit anymore so you have nothing to worry about. So a few employees are killed at your stores, no big deal, as long as the money flows.

I can understand the poor doing this type of thing. I didn't know the rich lowered their standards like that. I figured their noses were stuffed so high in the air that they wouldn't be able to stampede a damn thing. But I guess the rich can get down in the gutter with the useless eaters just as well. Makes me sleep better at night knowing this fact.

I wonder how Walmart will compensate the dead man's family? They will find a way to get around it I'm sure. Walmart isn't in the habit of paying anyone, they are only in the business of taking in money, not spending it out.

I think this is a sign of things to come. I literally believe that the people have been stirred into such a frenzy with the economy that this will happen anywhere that a SALE is going on in the near holiday future. People are desperate and desperate times call for desperate actions. Stampeding people to death to save a few dollars is only collateral damage in the end.

The powers that be must be celebrating a small victory today with the success of the Walmart in Long Island, New York. If they can only magnify that result nationwide, imagine the results in deaths they could rack up. Less people to have to worry about later if the useless eaters start killing off each other by stampeding them as they shop for that all sacred holiday known as Christmas. It always brings out the BEST in people.

But then pagan holidays should do that. Since they aren't good for much else.

Wednesday, November 26, 2008

Ever Heard of Bernard Freedman?

This is one of those times when everywhere you turn you can read some of the most interesting articles. I found one of them again today and am posting it here in its entirety.

When we can finally understand what really happened back in the day leading up and during World War II we can actually see parallels to what is happening today.

The Amazing Warnings of Benjamin Freedman
From Bible Believers.org.au
11-26-8

What do we face now? If we trigger a world war that may develop into a nuclear war, humanity is finished. Why might such a war take place? It will take place as the curtain goes up on Act 3: Act 1 was World War I, Act 2 was World War II, Act 3 is going to be World War III. The Jews of the world, the Zionists and their co-religionists everywhere, are determined that they are going to again use the United States to help them permanently retain Palestine as their foothold for their world government. That is just as true as I am standing here. Not alone have I read it, but many here have also read it, and it is known all over the world.

A Jewish Defector Warns America

Introductory Note

Benjamin H. Freedman was one of the most intriguing and amazing individuals of the 20th century. Born in 1890, he was a successful Jewish businessman of New York City at one time principal owner of the Woodbury Soap Company. He broke with organized Jewry after the Judeo-Communist victory of 1945, and spent the remainder of his life and the great preponderance of his considerable fortune, at least 2.5 million dollars, exposing the Jewish tyranny which has enveloped the United States.

Mr. Freedman knew what he was talking about because he had been an insider at the highest levels of Jewish organizations and Jewish machinations to gain power over our nation. Mr. Freedman was personally acquainted with Bernard Baruch, Samuel Untermyer, Woodrow Wilson, Franklin Roosevelt, Joseph Kennedy, John F. Kennedy, and many more movers and shakers of our times.

This speech was given before a patriotic audience in 1961 at the Willard Hotel, Washington, D.C., on behalf of Conde McGinley's patriotic newspaper of that time, Common Sense. Though in some minor ways this wide-ranging and extemporaneous speech has become dated, Mr. Freedman's essential message to us -- his warning to the West -- is more urgent than ever before. -- K.A.S.

Benjamin Freedman Speaks:

Here in the United States, the Zionists and their co-religionists have complete control of our government. For many reasons, too many and too complex to go into here at this time, the Zionists and their co-religionists rule these United States as though they were the absolute monarchs of this country. Now you may say that is a very broad statement, but let me show you what happened while we were all asleep.

What happened? World War I broke out in the summer of 1914. There are few people here my age who remember that. Now that war was waged on one side by Great Britain, France, and Russia; and on the other side by Germany, Austria-Hungary, and Turkey.

Within two years Germany had won that war: not only won it nominally, but won it actually. The German submarines, which were a surprise to the world, had swept all the convoys from the Atlantic Ocean. Great Britain stood there without ammunition for her soldiers, with one week's food supply -- and after that, starvation. At that time, the French army had mutinied. They had lost 600,000 of the flower of French youth in the defense of Verdun on the Somme. The Russian army was defecting, they were picking up their toys and going home, they didn't want to play war anymore, they didn't like the Czar. And the Italian army had collapsed.

Not a shot had been fired on German soil. Not one enemy soldier had crossed the border into Germany. And yet, Germany was offering England peace terms. They offered England a negotiated peace on what the lawyers call a status quo ante basis. That means: "Let's call the war off, and let everything be as it was before the war started." England, in the summer of 1916 was considering that -- seriously. They had no choice. It was either accepting this negotiated peace that Germany was magnanimously offering them, or going on with the war and being totally defeated.

While that was going on, the Zionists in Germany, who represented the Zionists from Eastern Europe, went to the British War Cabinet and -- I am going to be brief because it's a long story, but I have all the documents to prove any statement that I make -- they said: "Look here. You can yet win this war. You don't have to give up. You don't have to accept the negotiated peace offered to you now by Germany. You can win this war if the United States will come in as your ally." The United States was not in the war at that time. We were fresh; we were young; we were rich; we were powerful. They told England: "We will guarantee to bring the United States into the war as your ally, to fight with you on your side, if you will promise us Palestine after you win the war." In other words, they made this deal: "We will get the United States into this war as your ally. The price you must pay is Palestine after you have won the war and defeated Germany, Austria-Hungary, and Turkey." Now England had as much right to promise Palestine to anybody, as the United States would have to promise Japan to Ireland for any reason whatsoever. It's absolutely absurd that Great Britain, that never had any connection or any interest or any right in what is known as Palestine should offer it as coin of the realm to pay the Zionists for bringing the United States into the war. However, they did make that promise, in October of 1916. And shortly after that -- I don't know how many here remember it -- the United States, which was almost totally pro-German, entered the war as Britain's ally.

I say that the United States was almost totally pro-German because the newspapers here were controlled by Jews, the bankers were Jews, all the media of mass communications in this country were controlled by Jews; and they, the Jews, were pro-German. They were pro-German because many of them had come from Germany, and also they wanted to see Germany lick the Czar. The Jews didn't like the Czar, and they didn't want Russia to win this war. These German-Jew bankers, like Kuhn Loeb and the other big banking firms in the United States refused to finance France or England to the extent of one dollar. They stood aside and they said: "As long as France and England are tied up with Russia, not one cent!" But they poured money into Germany, they fought beside Germany against Russia, trying to lick the Czarist regime.

Now those same Jews, when they saw the possibility of getting Palestine, went to England and they made this deal. At that time, everything changed, like a traffic light that changes from red to green. Where the newspapers had been all pro-German, where they'd been telling the people of the difficulties that Germany was having fighting Great Britain commercially and in other respects, all of a sudden the Germans were no good. They were villains. They were Huns. They were shooting Red Cross nurses. They were cutting off babies' hands. They were no good. Shortly after that, Mr. Wilson declared war on Germany.

The Zionists in London had sent cables to the United States, to Justice Brandeis, saying "Go to work on President Wilson. We're getting from England what we want. Now you go to work on President Wilson and get the United States into the war." That's how the United States got into the war. We had no more interest in it; we had no more right to be in it than we have to be on the moon tonight instead of in this room. There was absolutely no reason for World War I to be our war. We were railroaded into -- if I can be vulgar, we were suckered into -- that war merely so that the Zionists of the world could obtain Palestine. That is something that the people of the United States have never been told. They never knew why we went into World War I.

After we got into the war, the Zionists went to Great Britain and they said: "Well, we performed our part of the agreement. Let's have something in writing that shows that you are going to keep your bargain and give us Palestine after you win the war." They didn't know whether the war would last another year or another ten years. So they started to work out a receipt. The receipt took the form of a letter, which was worded in very cryptic language so that the world at large wouldn't know what it was all about. And that was called the Balfour Declaration.

The Balfour Declaration was merely Great Britain's promise to pay the Zionists what they had agreed upon as a consideration for getting the United States into the war. So this great Balfour Declaration, that you hear so much about, is just as phony as a three dollar bill. I don't think I could make it more emphatic than that.

That is where all the trouble started. The United States got in the war. The United States crushed Germany. You know what happened. When the war ended, and the Germans went to Paris for the Paris Peace Conference in 1919 there were 117 Jews there, as a delegation representing the Jews, headed by Bernard Baruch. I was there: I ought to know.

Now what happened? The Jews at that peace conference, when they were cutting up Germany and parceling out Europe to all these nations who claimed a right to a certain part of European territory, said, "How about Palestine for us?" And they produced, for the first time to the knowledge of the Germans, this Balfour Declaration. So the Germans, for the first time realized, "Oh, so that was the game! That's why the United States came into the war." The Germans for the first time realized that they were defeated, they suffered the terrific reparations that were slapped onto them, because the Zionists wanted Palestine and were determined to get it at any cost.

That brings us to another very interesting point. When the Germans realized this, they naturally resented it. Up to that time, the Jews had never been better off in any country in the world than they had been in Germany. You had Mr. Rathenau there, who was maybe 100 times as important in industry and finance as is Bernard Baruch in this country. You had Mr. Balin, who owned the two big steamship lines, the North German Lloyd's and the Hamburg-American Lines. You had Mr. Bleichroder, who was the banker for the Hohenzollern family. You had the Warburgs in Hamburg, who were the big merchant bankers -- the biggest in the world. The Jews were doing very well in Germany. No question about that. The Germans felt: "Well, that was quite a sellout."

It was a sellout that might be compared to this hypothetical situation: Suppose the United States was at war with the Soviet Union. And we were winning. And we told the Soviet Union: "Well, let's quit. We offer you peace terms. Let's forget the whole thing." And all of a sudden Red China came into the war as an ally of the Soviet Union. And throwing them into the war brought about our defeat. A crushing defeat, with reparations the likes of which man's imagination cannot encompass. Imagine, then, after that defeat, if we found out that it was the Chinese in this country, our Chinese citizens, who all the time we had thought were loyal citizens working with us, were selling us out to the Soviet Union and that it was through them that Red China was brought into the war against us. How would we feel, then, in the United States against Chinese? I don't think that one of them would dare show his face on any street. There wouldn't be enough convenient lampposts to take care of them. Imagine how we would feel.

Well, that's how the Germans felt towards these Jews. They'd been so nice to them: from 1905 on, when the first Communist revolution in Russia failed, and the Jews had to scramble out of Russia, they all went to Germany. And Germany gave them refuge. And they were treated very nicely. And here they had sold Germany down the river for no reason at all other than the fact that they wanted Palestine as a so-called "Jewish commonwealth."

Now Nahum Sokolow, and all the great leaders and great names that you read about in connection with Zionism today, in 1919, 1920, 1921, 1922, and 1923 wrote in all their papers -- and the press was filled with their statements -- that the feeling against the Jews in Germany is due to the fact that they realized that this great defeat was brought about by Jewish intercession in bringing the United States into the war. The Jews themselves admitted that. It wasn't that the Germans in 1919 discovered that a glass of Jewish blood tasted better than Coca-Cola or Muenschner Beer. There was no religious feeling. There was no sentiment against those people merely on account of their religious belief. It was all political. It was economic. It was anything but religious. Nobody cared in Germany whether a Jew went home and pulled down the shades and said "Shema 'Yisroel" or "Our Father." Nobody cared in Germany any more than they do in the United States. Now this feeling that developed later in Germany was due to one thing: the Germans held the Jews responsible for their crushing defeat.

And World War I had been started against Germany for no reason for which Germany was responsible. They were guilty of nothing. Only of being successful. They built up a big navy. They built up world trade. You must remember that Germany at the time of the French Revolution consisted of 300 small city-states, principalities, dukedoms, and so forth. Three hundred separate little political entities. And between that time, between the times of Napoleon and Bismarck, they were consolidated into one state. And within 50 years they became one of the world's great powers. Their navy was rivaling Great Britain's, they were doing business all over the world, they could undersell anybody, they could make better products. What happened as a result of that?

There was a conspiracy between England, France, and Russia to slap down Germany. There isn't one historian in the world who can find a valid reason why those three countries decided to wipe Germany off the map politically.

When Germany realized that the Jews were responsible for her defeat, they naturally resented it. But not a hair on the head of any Jew was harmed. Not a single hair. Professor Tansill, of Georgetown University, who had access to all the secret papers of the State Department, wrote in his book, and quoted from a State Department document written by Hugo Schoenfelt, a Jew whom Cordell Hull sent to Europe in 1933 to investigate the so-called camps of political prisoners, who wrote back that he found them in very fine condition. They were in excellent shape, with everybody treated well. And they were filled with Communists. Well, a lot of them were Jews, because the Jews happened to comprise about 98 per cent of the Communists in Europe at that time. And there were some priests there, and ministers, and labor leaders, and Masons, and others who had international affiliations.

Some background is in order: In 1918-1919 the Communists took over Bavaria for a few days. Rosa Luxemburg and Karl Liebknecht and a group of other Jews took over the government for three days. In fact, when the Kaiser ended the war he fled to Holland because he thought the Communists were going to take over Germany as they did Russia and that he was going to meet the same fate as the Czar. So he fled to Holland for safety, for security. After the Communist threat in Germany was quashed, the Jews were still working, trying to get back into their former status, and the Germans fought them in every way they could without hurting a single hair on anyone's head. They fought them the same way that, in this country, the Prohibitionists fought anyone who was interested in liquor. They didn't fight one another with pistols. Well, that's the way they were fighting the Jews in Germany. And at that time, mind you, there were 80 to 90 million Germans, and there were only 460,000 Jews. About one half of one per cent of the population of Germany were Jews. And yet they controlled all the press, and they controlled most of the economy because they had come in with cheap money when the mark was devalued and bought up practically everything.

The Jews tried to keep a lid on this fact. They didn't want the world to really understand that they had sold out Germany, and that the Germans resented that.

The Germans took appropriate action against the Jews. They, shall I say, discriminated against them wherever they could. They shunned them. The same way that we would shun the Chinese, or the Negroes, or the Catholics, or anyone in this country who had sold us out to an enemy and brought about our defeat.

After a while, the Jews of the world called a meeting in Amsterdam. Jews from every country in the world attended this meeting in July 1933. And they said to Germany: "You fire Hitler, and you put every Jew back into his former position, whether he was a Communist or no matter what he was. You can't treat us that way. And we, the Jews of the world, are serving an ultimatum upon you." You can imagine what the Germans told them. So what did the Jews do?

In 1933, when Germany refused to surrender to the world conference of Jews in Amsterdam, the conference broke up, and Mr. Samuel Untermyer, who was the head of the American delegation and the president of the whole conference, came to the United States and went from the steamer to the studios of the Columbia Broadcasting System and made a radio broadcast throughout the United States in which he in effect said, "The Jews of the world now declare a Holy War against Germany. We are now engaged in a sacred conflict against the Germans. And we are going to starve them into surrender. We are going to use a world-wide boycott against them. That will destroy them because they are dependent upon their export business."

And it is a fact that two thirds of Germany's food supply had to be imported, and it could only be imported with the proceeds of what they exported. So if Germany could not export, two thirds of Germany's population would have to starve. There was just not enough food for more than one third of the population. Now in this declaration, which I have here, and which was printed in the New York Times on August 7, 1933, Mr. Samuel Untermyer boldly stated that "this economic boycott is our means of self-defense. President Roosevelt has advocated its use in the National Recovery Administration," which some of you may remember, where everybody was to be boycotted unless he followed the rules laid down by the New Deal, and which was declared unconstitutional by the Supreme Court of that time. Nevertheless, the Jews of the world declared a boycott against Germany, and it was so effective that you couldn't find one thing in any store anywhere in the world with the words "Made in Germany" on it. In fact, an executive of the Woolworth Company told me that they had to dump millions of dollars worth of crockery and dishes into the river; that their stores were boycotted if anyone came in and found a dish marked "made in Germany," they were picketed with signs saying "Hitler," "murderer," and so forth, something like these sit-ins that are taking place in the South.

At a store belonging to the R. H. Macy chain, which was controlled by a family called Strauss who also happen to be Jews, a woman found stockings there which came from Chemnitz, marked "Made in Germany." Well, they were cotton stockings and they may have been there 20 years, since I've been observing women's legs for many years and it's been a long time since I've seen any cotton stockings on them. I saw Macy's boycotted, with hundreds of people walking around with signs saying "murderers," "Hitlerites," and so forth.

Now up to that time, not one hair on the head of any Jew had been hurt in Germany. There was no suffering, there was no starvation, there was no murder, there was nothing.

Naturally, the Germans said, "Who are these people to declare a boycott against us and throw all our people out of work, and make our industries come to a standstill? Who are they to do that to us?" They naturally resented it. Certainly they painted swastikas on stores owned by Jews. Why should a German go in and give his money to a storekeeper who was part of a boycott that was going to starve Germany into surrendering to the Jews of the world, who were going to dictate who their premier or chancellor was to be? Well, it was ridiculous.

The boycott continued for some time, but it wasn't until 1938, when a young Jew from Poland walked into the German embassy in Paris and shot a German official, that the Germans really started to get rough with the Jews in Germany. And you found them then breaking windows and having street fights and so forth.

Now I don't like to use the word "anti-Semitism" because it's meaningless, but it means something to you still, so I'll have to use it. The only reason that there was any feeling in Germany against Jews was that they were responsible for World War I and for this world-wide boycott. Ultimately they were also responsible for World War II, because after this thing got out of hand, it was absolutely necessary for the Jews and Germany to lock horns in a war to see which one was going to survive. In the meanwhile, I had lived in Germany, and I knew that the Germans had decided that Europe is going to be Christian or Communist: there is no in between. And the Germans decided they were going to keep it Christian if possible. And they started to re-arm. In November 1933 the United States recognized the Soviet Union. The Soviet Union was becoming very powerful, and Germany realized that "Our turn was going to come soon, unless we are strong." The same as we in this country are saying today, "Our turn is going to come soon, unless we are strong." Our government is spending 83 or 84 billion dollars for defense. Defense against whom? Defense against 40,000 little Jews in Moscow that took over Russia, and then, in their devious ways, took over control of many other countries of the world.

For this country now to be on the verge of a Third World War, from which we cannot emerge a victor, is something that staggers my imagination. I know that nuclear bombs are measured in terms of megatons. A megaton is a term used to describe one million tons of TNT. Our nuclear bombs had a capacity of 10 megatons, or 10 million tons of TNT, when they were first developed. Now, the nuclear bombs that are being developed have a capacity of 200 megatons, and God knows how many megatons the nuclear bombs of the Soviet Union have.

What do we face now? If we trigger a world war that may develop into a nuclear war, humanity is finished. Why might such a war take place? It will take place as the curtain goes up on Act 3: Act 1 was World War I, Act 2 was World War II, Act 3 is going to be World War III. The Jews of the world, the Zionists and their co-religionists everywhere, are determined that they are going to again use the United States to help them permanently retain Palestine as their foothold for their world government. That is just as true as I am standing here. Not alone have I read it, but many here have also read it, and it is known all over the world.

What are we going to do? The life you save may be your son's. Your boys may be on their way to that war tonight; and you don't know it any more than you knew that in 1916 in London the Zionists made a deal with the British War Cabinet to send your sons to war in Europe. Did you know it at that time? Not a person in the United States knew it. You weren't permitted to know it. Who knew it? President Wilson knew it. Colonel House knew it. Other insiders knew it.

Did I know it? I had a pretty good idea of what was going on: I was liaison to Henry Morgenthau, Sr., in the 1912 campaign when President Wilson was elected, and there was talk around the office there. I was "confidential man" to Henry Morgenthau, Sr., who was chairman of the Finance Committee, and I was liaison between him and Rollo Wells, the treasurer. So I sat in these meetings with President Wilson at the head of the table, and all the others, and I heard them drum into President Wilson's brain the graduated income tax and what has become the Federal Reserve, and I heard them indoctrinate him with the Zionist movement. Justice Brandeis and President Wilson were just as close as the two fingers on this hand. President Woodrow Wilson was just as incompetent when it came to determining what was going on as a newborn baby. That is how they got us into World War I, while we all slept. They sent our boys over there to be slaughtered. For what? So the Jews can have Palestine as their "commonwealth." They've fooled you so much that you don't know whether you're coming or going.

Now any judge, when he charges a jury, says, "Gentlemen, any witness who you find has told a single lie, you can disregard all his testimony." I don't know what state you come from, but in New York state that is the way a judge addresses a jury. If that witness told one lie, disregard his testimony.

What are the facts about the Jews? (I call them Jews to you, because they are known as "Jews". I don't call them Jews myself. I refer to them as "so-called Jews", because I know what they are). The eastern European Jews, who form 92 per cent of the world's population of those people who call themselves "Jews", were originally Khazars. They were a warlike tribe who lived deep in the heart of Asia. And they were so warlike that even the Asiatics drove them out of Asia into eastern Europe. They set up a large Khazar kingdom of 800,000 square miles. At the time, Russia did not exist, nor did many other European countries. The Khazar kingdom was the biggest country in all Europe -- so big and so powerful that when the other monarchs wanted to go to war, the Khazars would lend them 40,000 soldiers. That's how big and powerful they were.

They were phallic worshippers, which is filthy and I do not want to go into the details of that now. But that was their religion, as it was also the religion of many other pagans and barbarians elsewhere in the world. The Khazar king became so disgusted with the degeneracy of his kingdom that he decided to adopt a so-called monotheistic faith -- either Christianity, Islam, or what is known today as Judaism, which is really Talmudism. By spinning a top, and calling out "eeny, meeny, miney, moe," he picked out so-called Judaism. And that became the state religion. He sent down to the Talmudic schools of Pumbedita and Sura and brought up thousands of rabbis, and opened up synagogues and schools, and his people became what we call "Jews".

There wasn't one of them who had an ancestor who ever put a toe in the Holy Land. Not only in Old Testament history, but back to the beginning of time. Not one of them! And yet they come to the Christians and ask us to support their armed insurrections in Palestine by saying, "You want to help repatriate God's Chosen People to their Promised Land, their ancestral home, don't you? It's your Christian duty. We gave you one of our boys as your Lord and Savior. You now go to church on Sunday, and you kneel and you worship a Jew, and we're Jews."

But they are pagan Khazars who were converted just the same as the Irish were converted. It is as ridiculous to call them "people of the Holy Land," as it would be to call the 54 million Chinese Moslems "Arabs." Mohammed only died in 620 A.D., and since then 54 million Chinese have accepted Islam as their religious belief. Now imagine, in China, 2,000 miles away from Arabia, from Mecca and Mohammed's birthplace. Imagine if the 54 million Chinese decided to call themselves "Arabs." You would say they were lunatics. Anyone who believes that those 54 million Chinese are Arabs must be crazy. All they did was adopt as a religious faith a belief that had its origin in Mecca, in Arabia. The same as the Irish. When the Irish became Christians, nobody dumped them in the ocean and imported to the Holy Land a new crop of inhabitants. They hadn't become a different people. They were the same people, but they had accepted Christianity as a religious faith.

These Khazars, these pagans, these Asiatics, these Turko-Finns, were a Mongoloid race who were forced out of Asia into eastern Europe. Because their king took the Talmudic faith, they had no choice in the matter. Just the same as in Spain: If the king was Catholic, everybody had to be a Catholic. If not, you had to get out of Spain. So the Khazars became what we call today "Jews".

Now imagine how silly it was for the great Christian countries of the world to say, "We're going to use our power and prestige to repatriate God's Chosen People to their ancestral homeland, their Promised Land." Could there be a bigger lie than that? Because they control the newspapers, the magazines, the radio, the television, the book publishing business, and because they have the ministers in the pulpit and the politicians on the soapboxes talking the same language, it is not too surprising that you believe that lie. You'd believe black is white if you heard it often enough. You wouldn't call black black anymore -- you'd start to call black white. And nobody could blame you. That is one of the great lies of history. It is the foundation of all the misery that has befallen the world.

Do you know what Jews do on the Day of Atonement, that you think is so sacred to them? I was one of them. This is not hearsay. I'm not here to be a rabble-rouser. I'm here to give you facts. When, on the Day of Atonement, you walk into a synagogue, you stand up for the very first prayer that you recite. It is the only prayer for which you stand. You repeat three times a short prayer called the Kol Nidre. In that prayer, you enter into an agreement with God Almighty that any oath, vow, or pledge that you may make during the next twelve months shall be null and void. The oath shall not be an oath; the vow shall not be a vow; the pledge shall not be a pledge. They shall have no force or effect. And further, the Talmud teaches that whenever you take an oath, vow, or pledge, you are to remember the Kol Nidre prayer that you recited on the Day of Atonement, and you are exempted from fulfilling them. How much can you depend on their loyalty? You can depend upon their loyalty as much as the Germans depended upon it in 1916. We are going to suffer the same fate as Germany suffered, and for the same reason.

Monday, November 24, 2008

Financial Stupidity At Its Most Glaring

I just read an article on the financial situation that the world is dealing with courtesy of the United States and its unbridled greed. I thought I would include it here since it is so well written and quite simple to understand.

This Is Not A Normal Recession (Moving On To Plan B)
By Mike Whitney
11-23-8

"The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while mitigating risk by spreading it system wide." Economists Paul Davidson and Henry C.K. Liu "Open Letter to World Leaders attending the November 15 White House Summit on Financial Markets and the World Economy"

The global economy is being sucked into a black hole and most Americans have no idea why. The whole problem can be narrowed down to two words; "structured finance".

Structured finance is a term that designates a sector of finance where risk is transferred via complex legal and corporate entities. It's not as confusing as it sounds. Take a mortgage-backed security (MBS), for example. The mortgage is issued by a bank (the loan originator) which then sells the mortgage to a brokerage where it is chopped up into tranches (pieces of the loan) and sold in a pool of mortgages to investors that are looking for a rate that is greater than Treasurys or similar investments. The process of transforming debt ("the mortgage") into a security is called securitization. At one time, the MBS was a reasonably safe investment because the housing market was stable and there were relatively few foreclosures. Thus, the chance of losing one's investment was quite small.

In the early years of the Bush administration, Wall Street took advantage of the gigantic flow of capital coming into the country ($700 billion per year via the current account deficit) by creating more and more MBS's and selling them to foreign banks, hedge funds and insurance companies. It was a real gold rush. Because the banks were merely the mortgage originators, they didn't believe their own money was at risk, so they gradually lowered lending standards and issued millions of loans to unqualified applicants who had no job, no collateral and a bad credit history. Securitization was such a hit, that by 2005, nearly 80 percent of all mortgages were securitized and the traditional criteria for getting a mortgage was abandoned altogether. Subprimes, Alt-As and ARMs flourished, while the "30 year fixed" went the way of the Dodo. Lenders were no longer constrained by "creditworthiness"; anyone with a pulse and a pen could get approved. The mortgages were then shipped off to Wall Street where they were sold to credulous investors.

The disaggregation of risk--spreading the risk to many investors via securitization--was as much of a factor in the creation of "the largest equity bubble in history", as the banks lax lending standards or Greenspan's low interest rates. By spreading risk throughout the system, securitization keeps interest rates artificially low because the real risks are not properly priced. The low interest rates, in turn, stimulate speculation which results in equity bubbles. Eventually, credit expansion leads to crisis when borrowers can no longer make the interest payments on their loans and defaults spiral out of control. This forces massive deleveraging and the fire-sale of assets in illiquid markets. As assets lose value, prices fall and the economy enters a deflationary cycle.

There are many types of of structured instruments including asset-backed securities (ABS), mortgage-backed securities (MBS), collateralized debt obligations (CDOs) and collateralized loan obligations (CLOs) all of which provide a revenue stream from loans that were chopped into tranches and turned into securities. There are many problems with these complex securities, the biggest of which is that there is no way to unravel the individual pools of loans to isolate the bad paper. That's why subprime mortgages had such a destructive affect on the secondary market, because--even though subprimes only defaulted at a rate of roughly 5 percent--MBS sales slumped nearly 90 percent. Why? Former Secretary of the Treasury Paul O'Neill explained it like this: "It's like you have 8 bottles of water and just one of them has arsenic in it. It becomes impossible to sell any of the other bottles because no one knows which one contains the poison."

Exactly right. So why weren't these structured debt-instruments "stress tested" before the markets were reworked and the financial system became so dependent on them?

Greed. Because the real purpose of these exotic investments is not to provide true value to the buyer, but to maximize profits for the seller by increasing leverage. That is the real purpose of MBS, CDOs and all the other bizarre-sounding derivatives; higher profits with less capital. It's a scam. Here's how it works: A mortgage applicant buys a house for $400,000 and puts 10 percent down. His mortgage is sold to Wall Street, chopped into pieces, and stitched together in a pool of similar loans. Now the brokerage can use the debt as if it were an asset, borrowing at ratios of 20 or 30 to 1 to fatten the bottom line.

When Fannie Mae and Freddie Mac were taken into conservatorship by the government, they were leveraged at an eye-popping 100 to 1. This shows that nearly an infinite amount of debt can be precariously balanced atop a paltry amount of capital. This explains why the $4 trillion aggregate value of the 5 big investment banks and the $1.7 trillion value of the hedge funds is now vanishing more quickly than it was created. Once the mighty gears of structured finance shift into reverse, deleveraging begins with a vengeance pulling trillions into a credit vacuum.

It all started when two Bear Stearns hedge funds defaulted in July 2006 and there were no offers for their MBS's and other structured investments. Panic quickly spread to every corner of Wall Street as the alchemists of modern finance began to see that their worst nightmare might be realized, that trillions of dollars of Frankenstein investments could be worth nothing at all.

Since the Bear Stearns funds fiasco, there have been huge explosions in the financial markets. Fannie Mae, Freddie Mac, Wachovia, Washington Mutual, Indybank, AIG, Lehman Bros and other industry giants have either gone under or been forced into shotgun weddings by the FDIC. The stock market has plunged over 40 percent and suffered wild gyrations not seen since the 1930s. The entire Wall Street landscape has changed completely. Investment banking is no longer a viable business model; the Big 5 have either vanished or transformed themselves into holding companies to escape short sellers. The hedge funds have been deleveraging with a ferocity that has sent sent stocks and commodities crashing. In one day last week, the stock market plunged 300 points in the morning only to bounce back 550 points a few hours later; a whopping 850 point-spread in one trading day! No one but a madman would dabble in this market. Cautious investors have pulled up stakes and moved to the safety of Treasurys. Meanwhile, the financial tsunami is roaring through the real economy where consumer confidence has plummeted, unemployment is soaring and retail sales have fallen to historic lows. The downdraft from the financial markets has flattened Main Street and set the stage for a humongous $500 billion stimulus package to be delivered in the first few months of the Obama administration. The meltdown appears to be playing out much like Henry Paulson anticipated. According to Bloomberg News : "Shortly after leaving Wall Street as Goldman Sachs' CEO, Henry Paulson was at Camp David warning the president and his staff of "over-the-counter derivatives as an example of financial innovation that could, under certain circumstances, blow up in Wall Street's face and affect the whole economy." (PAUL B. FARRELL, "30 reasons for Great Depression 2 by 2011", MarketWatch)

So far, the Federal Reserve has provided nearly $2 trillion through its lending facilities just to keep the financial system upright. The Treasury is currently distributing $700 billion to key banks and other financial institutions that are perceived to be "too big to fail". In truth, the "too big to fail" mantra is a just a public relations hoax to conceal the web of counter-party deals that make it impossible for one institution to fail without dominoing through the rest of the system and wreaking havoc. That's why AIG is still on life-support with regular injections of taxpayer money; because it had roughly $4 trillion of credit default swaps (structured "hedges" that are not traded on a regulated exchange) for which AIG does not have sufficient capital reserves. In other words, the taxpayer is now paying the debts of an insurance company that didn't set aside the money to pay its claims. (As yet, No SEC indictments for securities fraud) In fact, the Fed and Treasury are now providing a backstop for the entire structured finance system which is frozen solid and shows no sign of thawing any time soon.

This is not a normal recession, which is a downturn in the business cycle and "a period of reduced economic activity" usually brought on by a mismatch between supply and demand. (that ends in two quarters of negative growth) The present situation is much graver; it is the utter destruction of a system that was developed fairly recently and has proven to be thoroughly dysfunctional. It cannot withstand the effects of tighter credit or adverse market conditions. This is not a cyclical downturn; the structured finance system has collapsed leaving behind a multi-trillion dollar capital hole that is bringing the broader economy to its knees.

One by one, we have seen the structured instruments fail; mortgage-backed securities (MBS), collateralized debt obligations (CDOs), credit default swaps (CDS), commercial paper (CP), auction rate securities. Now we are seeing investors boycott anything related to structured investments. This is from Mish's Global Economic Trend Analysis:

"There were NO sales of bonds backed by credit-card payments in October, the first time since 1993, when the asset-backed securities market was in its infancy. Yields on top-rated credit card bonds relative to benchmark interest rates reached a record high of 525 basis points more than the London interbank offered rate, or Libor, last week, according to Bank of America Corp. data."

Wall Street has turned off the faucet for securitized investments. That market is toast. The only reason that Libor and the other gauges of interbank lending have normalized is because the Fed guaranteed money markets and commercial paper. It has nothing to do with trust between the banks themselves. There is no trust. Even so, the banks are not capable of making up for the vast amount of credit which was produced by the now-defunct investment banks and hedge funds which are constrained by losses of nearly $3.5 trillion; half of their total value. In the best case scenario, bank credit will only shrink 15 or 20 percent, which will put the US on track for a deep "18 month to 2 year" recession rather than another Great Depression.

Paulson's attempt to divert $30 billion to non-bank financial institutions to revive loan securitization when there is no appetite among investors for such structured junk is pure folly. More troubling, is that neither Paulson nor Bernanke have a Plan B; an alternate scheme for rebuilding the financial markets on a solid, sustainable foundation rather than low interest rates and pools of debt. Everything they have done so far, suggests that they are focused on one thing alone; inflating another equity bubble. "Inflate or die", as the saying goes; and Bernanke intends to achieve this objective using the same tools that brought us to the brink of catastrophe. Here's a clip from a recent speech by Bernanke which shows his determination to prop up the broken system:

"The ability of financial intermediaries to sell the mortgages they originate into the broader capital market by means of the securitization process serves two important purposes: First, it provides originators much wider sources of funding than they could obtain through conventional sources, such as retail deposits; second, it substantially reduces the originator's exposure to interest rate, credit, prepayment, and other risks associated with holding mortgages to maturity, thereby reducing the overall costs of providing mortgage credit."

Sorry, Ben, the funding has dried up and the banks have shown no interest in going back to the days of conventional "30-year fixed" mortgages. It's a dead letter. The Fed and Treasury need to stop looking for ways to reflate the bubble and work to restore confidence in the markets by increasing regulation and reducing the amount of leverage that's allowable to 12 to 1. After all, it's no coincidence that AIG, Fannie and Freddie, Lehman Bros, General Motors, General Electric have all fallen off a cliff at the very same time. They are all victims of the same low interest, easy money finance swindle which allowed them to roll over huge amounts of short-term debt at artificially low cost. When Bear blew up; lending tightened, demand weakened, and credit was flushed from the system at an unprecedented pace. Borrowing short for long-term investments is not feasible when credit becomes scarce, but it's not because the banks aren't lending. That's just another myth that keeps the public from seeing what's really going on. As Jon Hilsenrath points out in his Wall Street Journal article, "Banks Keep Lending, but that isn't easing the crisis", that is not the case:

"Banks actually are lending at record levels. Their commercial and industrial loans, at $1.6 trillion in early November, were up 15% from a year earlier and grew at a 25% annual rate during the past three months, according to weekly Federal Reserve data. Home-equity loans, at $578 billion, were up 21% from a year ago and grew at a 48% annual rate in three months....The numbers point to one of the great challenges of the crisis. The credit crunch is surely real, but it is complex and not easily managed. Banks are lending, but they're also under serious strain as they act as backstops to a larger problem -- the breakdown of securities markets..The worst of the credit crisis is being felt not in banks but in financial markets..."

The banks are not to blame. There is a generalized contraction of credit in the non-bank financial system where structured finance has blown up and taken half of Wall Street with it. It's the end of an era. Here's how economist Henry C. K. Liu sums it up in his "Open Letter to World Leaders attending the November 15 White House Summit on Financial Markets and the World Economy":

"Neoliberal economists in the last three decades have denied the possibility of a replay of the worldwide destructiveness of the Great Depression that followed the collapse of the speculative bubble created by unfettered US financial markets of the 'Roaring Twenties'. They fooled themselves into thinking that false prosperity built on debt could be sustainable with monetary indulgence. Now history is repeating itself, this time with a new, more lethal virus that has infested deregulated global financial markets with 'innovative' debt securitization, structured finance and maverick banking operations flooded with excess liquidity released by accommodative central banks. A massive structure of phantom wealth was built on the quicksand of debt manipulation. This debt bubble finally imploded in July 2007 and is now threatening to bring down the entire global financial system to cause an economic meltdown unless enlightened political leadership adopts coordinated corrective measures on a global scale."

Rome is burning. It's time to stop tinkering with a failed system and move on to "Plan B" before it's too late.

End of Article

You know you would think that people would catch the snaps eventually. But they don't. There are people today who are buying houses at horrendous prices and setting themselves up for mortgages that they cannot afford if just one thing goes wrong for them bookkeeping wise. That is a hell of a risk to take on one of the two most important investments a regular person will make in his lifetime. But some people never learn, or they labor under the false belief that they are 10 feet tall and bulletproof.

You would think that the Enron fiasco would have been a good example of what was on the horizon. They were testing it out then and saw what they thought they needed to do or change to make it work.

How people can be so foolish. But they will never look in the mirror and blame themselves, it always has to be someone else's fault.