Owl: Hedges, Others, Predict US Financial Collapse in 2014
Commerce, Corruption, Government, Idiocy, Ineptitude
Collapse is Soon, says Hedges, and Others Predict it for 2014
“It is estimated that total derivative exposure of the financial system is between one quadrillion and one and a half quadrillion. A quadrillion is 1,000 trillion dollars and it has largely collapsed.The entire Gross Domestic Product (GDP) of all the world’s countries in 2011 was approximately 77 trillion dollars. GDP is an economic term for everything that is produced for sale. The American middle class is being asked to bear the burden of the entire derivatives market collapse which totals over 16 times the net value of the entire planet. No amount of bailouts can ever cover the loss. This is simply the bankers way of transferring what is left of middle class wealth before the final collapse
Where do you think the bail out money went? Ask yourself why so many corporate heads are building homes overseas? Why did George Bush build a 100,000 acre ranch in Paraguay? Why is NORTHCOM, a combat organization, is engaged in urban riot control training? Why did DHS purchase 2.2 billion rounds of ammunition to go with their 2700 armored personnel carriers? Even the National Weather Service has purchased million of rounds of ammunition. Why are the Russians training on American soil with FEMA in a bilateral agreement signed by Obama? Why are we seeing one disaster drill after another being carried out in this country? Here is a partial list of disaster drills being carried between September 25-November 13th.
Port of Houston Ran Simulation Drill for ‘Dirty Bomb’ Attack Sept. 25
Maine Hosted Secret Multi-Agency Disaster Drill Sept. 25
Great ShakeOut Earthquake Drill Set Oct. 17
More Than 1,000 Banks Plan National Cyber-Attack Drill Oct. 16-17, Oct. 23-24
Quantum Dawn’ Is a Cyber-Attack Bank Drill –
The central bankers know that no amount of Quantitative Easing can pay for the hard assets that were lost in order to collateralize the derivatives. They have no option but to collapse the system and start over, but before they do, they are going to steal everything that is not nailed down. This is why in preparation of this move to collapse the system, they are obtaining as many hard assets as possible. This is why the Federal Reserve has been printing 40 billion dollars per month for the sole purpose of purchasing mortgage backed securities. This is why central bankers are under orders from the Bank of International Settlement which has ordered its rank and file central bankers from each country to greatly minimize loans in order to limit exposure when the collapse occurs. This is why the MERS mortgage fraud, in which millions of people are having their houses stolen through the creation of phony titles, continues unabated. This is why the Seventh Circuit Court of Appeals ruled that once a depositor puts their money in the bank, the bank owns the money. This is why Treasury Secretary Lew began to “borrow” against federal pensions late last spring. This is why DHS, the IRS et al are preparing to go to war with the American people as they arm to the teeth. This is why the foreign troops are here. You are on the Titanic and you are going down. Still not convinced? Then explain Cyprus, Greece, Poland and now Panama where the TPTB are stealing pensions and bank accounts and you don‘t think it can happen to you because you are an American?”
More;
Owl: Richard Martin Charts on Collapse of USA
Commerce, Corruption, Government
One wonders how most of the people can stay so blind most of the time.
Why America Will Collapse (Charts)
by Richard Martin
Let's look at the state's rising share of the national income. Here is GDP:
Continue reading “Owl: Richard Martin Charts on Collapse of USA”
Berto Jongman: Seymour Hersh on OBL Raid Story One Big Lie + Raid Meta-RECAP
07 Other Atrocities, 08 Wild Cards, Corruption, Cultural Intelligence, Government, Idiocy, Ineptitude, IO Deeds of War, Military, Officers Call, Peace IntelligenceSeymour Hersh: Bin Laden Raid “One Big Lie”
Pulitzer-prize wining journalist slams “pathetic” US media for failing to challenge White House
Paul Joseph Watson
Infowars.com
September 27, 2013
Pulitzer Prize-winning journalist Seymour Hersh says that the raid which killed Osama Bin Laden in 2011 is “one big lie” and that “not one word” of the Obama administration’s narrative on what happened is true.
In a wide-ranging interview published today by the Guardian, Hersh savages the US media for failing to challenge the White House on a whole host of issues, from NSA spying, to drone attacks, to aggression against Syria.
On the subject of the Navy Seal raid that supposedly resulted in the death of the Al-Qaeda terror leader, Hersh remarked, “Nothing’s been done about that story, it’s one big lie, not one word of it is true.”
Hersh added that the Obama administration habitually lies but they continue to do so because the press allows them to get away with it.
“It’s pathetic, they are more than obsequious, they are afraid to pick on this guy [Obama],” Hersh told the Guardian.
Continue reading “Berto Jongman: Seymour Hersh on OBL Raid Story One Big Lie + Raid Meta-RECAP”
Jon Rappoport: Navy Yard Story Line Changes
Corruption, Idiocy, Ineptitude, Media
Navy Yard shooting: media dump shocking story line
EXTRACT
So what really happened?
No word. No retraction from USA Today. No followup from USA Today or any other major media outlet.
“Just drop it. Who cares? It doesn’t fit with the official narrative. Let it go. Move on. We have a new story line. He never shot anybody in the parking garage. He walked into the building unhindered. So be it…”
Really?
Berto Jongman: U.S. command in Afghanistan gives Army 60 days to fix or replace intel network [meanwhile, Palantir spends millions buying legislative intervention]
Commerce, Commercial Intelligence, Corruption, Ineptitude, IO ImpotencyU.S. command in Afghanistan gives Army 60 days to fix or replace intel network
The Pentagon’s main battlefield intelligence network in Afghanistan is vulnerable to hackers — both the enemy or a leaker — and the U.S. command in Kabul will cut it off from the military’s classified data files unless the Army fixes the defects within 60 days, according to an official memo obtained by The Washington Times.
The confidential memo says the Army’s Distributed Common Ground System (DCGS) flunked a readiness test and does not confirm the sources of outside Internet addresses entering the classified database.
Berto Jongman: Google Guilty of Global Wiretapping
07 Other Atrocities, Commerce, Commercial Intelligence, Corruption, Idiocy, IneptitudeGoogle Begs Court to Reconsider Ruling That Wi-Fi Sniffing Is Wiretapping
David Kravets
WIRED, 25 September 2013
Google is asking a federal appeals court to reconsider a recent ruling finding Google potentially liable for wiretapping when it secretly intercepted data on open Wi-Fi routers.
The Mountain View-based company said the September 10 decision by the 9th U.S. Circuit Court of Appeals will create “confusion” (.pdf) about which over-the-air signals are protected by the Wiretap Act, including broadcast television.
The case concerns nearly a dozen combined lawsuits seeking damages from Google for eavesdropping on open Wi-Fi networks from its Street View mapping cars. The vehicles, which rolled through neighborhoods around the world, were equipped with Wi-Fi–sniffing hardware to record the names and MAC addresses of routers to improve Google location-specific services. But the cars also gathered snippets of content.
The search giant petitioned the San Francisco-based appeals court to reconsider its decision that allowed the case to proceed at trial — a ruling that upended Google’s defense.
Google claimed it is was legal to intercept data from unencrypted, or non-password-protected Wi-Fi networks. Google said open Wi-Fi networks are “radio communications” like AM/FM radio, citizens’ band and police and fire bands, and are “readily accessible” to the general public and exempt from the Wiretap Act — a position the appeals court rejected.
