"It is not enough to know that there is a shadow government pulling the strings of the visible government- we must also act to expose it, and defeat it!"-Mark Matheny
New transfers of wealth from middle class go directly to French and German banks
Paul Joseph Watson
Prison Planet.com Monday, May 10, 2010
American taxpayers have been freshly liberated of hundreds of billions more dollars as part of the IMF’s new bailout package which is principally going straight to European banks, in addition to the Federal Reserve program to ship U.S. dollars to Europe, in a move that represents little more than a desperate effort to save the Euro and rescue the credibility of economic global governance.
“The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on the continent,” reports the Associated Press.
“The Fed’s action reopens a program put in place during the 2008 global financial crisis under which dollars are shipped overseas through the foreign central banks. In turn, these central banks can lend the dollars out to banks in their home countries that are in need of dollar funding to prevent the European crisis from spreading further.”
Dylan Ratigan talks to William Isaac, former Chairman of the FDIC on May 10, 2010 in regard to the failure of Washington and its Bureaucrats to see the financial crisis as it was developing.
Isn't it funny that the failures always take place first, and then they come out so knowledgeable on the reasons for the failure! What they won't tell you however, is that the Globalists see these same failures as stepping stones toward the dissolution of Nation-States, and the emergence of world government.
This broadcast in Statist "Double Speak" would instead be titled "How Washington is Helping to Establish A New World Order From The Ashes of Chaos"
They expect us to believe they are ignorant on the one hand when it comes to the collapse, and yet smart enough on the other hand to bring us out of the mess they were too stupid to see coming!
If you still trust the government, then I have some Prime swampland in Florida to sell you at a cheap price!
There has been lots of talk about a coming food crisis due to the massive looting of the nations under the cover of an "economic crisis". Recently, a report published by The Trumpet has shown food prices spinning out of control.
In the article it shows some of the most startling year-over-year price increases in the U.S. markets:
* Fresh and dry vegetables up 56.1%
* Fresh fruits and melons up 28.8%
* Eggs for fresh use up 33.6%
* Beef and veal up 10.7%
* Dairy products up 9.7%
As the effects of inflation starts to reveal itself in higher prices, many grocery retail stores will be forced to raise their prices to continue to make a profit. Many retail businesses are now feeling the pain as sales suffer. I work in the retail business and can say with certainty that the effects of unemployment, bailouts, fraud, and the Fed's printing press are finally taking a toll on the fiat currencies of the world, weakening the U.S. currency along with the Euro.
We can expect to see rising food prices, and according to some experts, coming food shortages in the possible near future.
Watch the following video, and read the article below it carefully. My opinion is that these events (economic turmoil, terrorist threats, rising food prices, rising unemployment,etc.) are going to push many of the countries of the world ( at the behest of elitists in positions of power who desire global government) to advocate consolidation of power into the control of the United Nations, IMF, the World Bank, and their affiliating institutions who have been behind the scenes pushing for a "New World Order". When and how this will unfold is yet to be seen, nevertheless, I believe once the other nations start to default as Greece has, there will bring with it the right circumstances, or "crisis"- if you will - and the nations "will accept the New World Order" as David Rockefeller once said.
"Never let a serious crisis go to waste"..."..What I mean by that is it's an opportunity to do things you couldn't do before."
-Rahm Emanuel
"This present window of opportunity during which a truly peaceful and interdependent world order might be built, will not be open for too long - We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order." -David Rockefeller
Source: You Tube
Editor's Note: The following Article was originally published on Thursday, December 17, 2009:
By Shannon D. Harrington and Abigail Moses Bloomberg.com
May 10 (Bloomberg) -- Europe’s government debt crisis is starting to infect the bank funding system, driving borrowing costs higher from Asia to the U.S. and threatening to slow the global economic recovery.
The interest rate financial companies charge each other for three-month loans in dollars rose to the highest since August, while traders are paying record amounts to hedge against losses in European bank bonds. Yields on corporate debt rose last week by the most relative to government securities since Lehman Brothers Holdings Inc.’s bankruptcy in September 2008, according to Bank of America Merrill Lynch indexes.
European Union policy makers unveiled an unprecedented loan package today worth almost $1 trillion. A statement from the region’s finance ministers highlighted “a risk of contagion which we needed to address.” The European Central Bank will intervene in secondary markets for securities, EU Economic and Monetary Affairs Commissioner Olli Rehn said in Brussels after a 14-hour emergency meeting.
UNITED NATIONS (AP) — An impatient U.N. Secretary-General Ban Ki-moon is pushing to set a deadline for activating the treaty banning all nuclear tests, stepping up pressure in a campaign to win over holdouts, including the U.S. Senate.
"The bottom line is this: It has been 15 years since the treaty was opened for signature. How long must we wait?" Ban asked delegates at the opening of a pivotal, monthlong conference on nuclear nonproliferation.
The U.S. Senate in 1999 rejected the "CTBT," the Comprehensive Test-Ban Treaty, but President Barack Obama plans to resubmit the pact for ratification. Some Republicans are again mustering opposition, but Democrats are hopeful of approval next year.
Ban also said it's time to consider creative ways to get around what may prove to be final die-hard obstacles to the treaty — possibly a resistant North Korea, or India and Pakistan.
Negotiated in the 1990s, the treaty specified 44 nuclear-capable states — from Algeria to Vietnam — that must give full approval before it can take effect.
Becomes the first incumbent to lose his seat in Washington this year
Sen. Bob Bennett, R-Utah, becomes emotional while thanking his volunteers and family after being rejected by delegates at the 2010 Utah GOP Convention on Saturday in Salt Lake City.
By BROCK VERGAKIS
APNews updated 8:34 p.m. CT, Sat., May 8, 2010
SALT LAKE CITY - Republican Sen. Bob Bennett was rejected Saturday by delegates at the Utah GOP convention in a stunning defeat for a once-popular three-term incumbent who fell victim to a growing conservative movement nationwide.
Bennett's failure to make it into Utah's GOP primary — let alone win his party's nomination — makes him the first congressional incumbent to be ousted this year and demonstrates the difficult challenges candidates are facing from the right in 2010.
"The political atmosphere obviously has been toxic and it's very clear that some of the votes that I have cast have added to the toxic environment," an emotional Bennett told reporters, choking back tears.
The fear that began in Athens, raced through Europe and finally shook the stock market in the United States is now affecting the broader global economy, from the ability of Asian corporations to raise money to the outlook for money-market funds where American savers park their cash.
What was once a local worry about the debt burden of one of Europe’s smallest economies has quickly gone global. Already, jittery investors have forced Brazil to scale back bond sales as interest rates soared and caused currencies in Asia like the Korean won to weaken. Ten companies around the world that had planned to issue stock delayed their offerings, the most in a single week since October 2008.
