Worldwide Economic meltdown

by zone Tue Aug 09, 2011 2:39 am

Aug 08 18:30

Greece In Panic: Masses Race To Pull Cash From Banks Causing A Great Depression Style Bank-Run

Tags:

ECONOMY
EUROPE

The Guardian reports that while Western media has been silent on the issue Greece is in an absolute state of panic facing a Great Depression style run on the banks as people race to withdrawal their cash.

http://whatreallyhappened.com/

by zone Tue Aug 09, 2011 4:08 pm

market-rout-drives-global-economy-precipice

Worldwide Economic meltdown 2011-08-09T050937Z_01_BAN204_RTRIDSP_3_MARKETS-THAILAND-STOCKS

market-rout-drives-global-economy-precipice-investors losing confidence as global economic crisis worsens
BEIJING/SINGAPORE (Reuters) - The global economy stumbled deeper into crisis as stock markets slumped further on Tuesday, with investors losing confidence that the United States and Europe can rein in their debt burdens quickly and avert a double-dip recession.

~

these boys meant what they said.
God help us all.

Manifesto of the Communist Party
http://www.marxists.org/archive/marx/works/1848/communist-manifesto/index.htm

by zone Wed Aug 10, 2011 9:34 am

The Decline and Fall of the American Empire

By paul craig roberts (about the author)

The United States Government and its presstitute media have wasted time and energy creating hysteria over a non-existent "debt ceiling crisis." After reading the "news" in the Ministry of Propaganda and witnessing the stupidity of the US government, the rest of the world is struck dumbfounded by the immaturity of the "world's only superpower."

What kind of superpower is it, the world wonders, that is willing to go to the eleventh hour to convince the world, which holds its banking reserves in US Treasury debt, that the US government will default on the debt?

Every country in the world now worries about the judgment and sanity of the country with the largest nuclear arsenal in the world.

This is the achievement of the Republicans, who took an ordinary commonplace increase in the debt-ceiling limit, an event that has occurred routinely many times over the course of my life, and turned it into a crisis threatening the world financial system.

To be clear, there was never any risk whatsoever of US default, as President Obama has power established by President George W. Bush's Presidential Directive 51 to declare default a National Emergency and to set aside the debt-ceiling limit and Congress' power of the purse, and to continue to issue the debt necessary to fund the US government and its wars.

That the American press ever took this highly-hyped "crisis" seriously merely demonstrates their prostitute status.

The US public debt is rising too rapidly against US GDP, although it is still below the percentages during World War II. The problem that is ignored by the idiots in Washington and the presstitutes is that the debt is rising relative to the economy because the economy is not rising, but war expenditures are.

Why is the economy not rising?

It is not rising, because it has been off-shored. What formerly was US GDP produced in Gary, Indiana, St. Louis, Detroit, Silicon Valley, and other US locations is now GDP for China, India, Indonesia and other countries where manufacturing labor and professional services can be hired below US rates.

What happens with off-shoring? The answer is clear. US GDP, consumer income, career opportunities, and tax base leave the country. Corporate profits and bonuses rise due to the lower labor costs.

Who is this good for?

The answer is that it is only good for Wall Street, corporate shareholders, and corporate management. Their incomes go up, and the GDP goes down along with the employment opportunities of Americans and the tax base for government.

The other destroyer of American economic prospects was the deregulation of the financial sector. Economists theorized that markets were self-regulating and created the illusion that greed was never a problem. This was music and dollars to Wall Street's ears. Federal Reserve Chairman Alan Greenspan and the Wall Street-owned US Treasury jumped on board. Those, who like Brooksley Born, were empowered by US law to regulate derivatives, were driven out of office by the Federal Reserve Chairman, the US Treasury Secretary, and the Securities and Exchange Chairman.

Financial institutions freed from Glass-Steagall, freed from capital requirements, and freed from oversight, immediately took debt leverage on highly unrealistic bets to amazing heights. When the schemes collapsed, the Federal Reserve lent US and foreign banks $16.1 trillion dollars, a sum larger than the US national debt and larger than the US GDP.

Where did the Federal Reserve get $16.1 trillion to lend? The Fed created it out of thin air with a stroke of a computer entry.

While the Federal Reserve created $16.1 trillion in new loans for private banks, the bailed out banks bulldoze the foreclosed homes of the evicted Americans.

So in America, the light unto the world, American citizens are thrown out of their homes in order that banks can bulldoze their homes.

Only in America does this makes sense.

And it is not only Americans who are being made homeless by US policies. Afghans, Pakistanis, Iraqis, Yemenis, Somali, Libyans are also consigned to homelessness by American policy. Moreover, America's wars against these peoples, together with the supporting military/security budget, account for 75% of the US budget deficit. Indeed, the cost of these wars exceed the planned future budget savings from the debt limit deal.

In other words, the cost of the wars that make millions of foreigners homeless use up revenues that the federal government could have used to keep Americans in their homes and teachers in the schools. As much as many Republicans profess to be concerned about the US public debt, Republicans were not sufficiently concerned to address their issue by cutting back the $1.2 trillion military-security budget or by raising the low tax rates on the mega-rich.

Look at these July 30 headlines, just two days prior to the default deadline, from the online group, Stop NATO:

US Military To Be Based In Australia To Confront China

Call To Expand American Counterinsurgency Operations In Philippines

US Could Upgrade Polish Warships For Baltic Sea

Bulgaria: Pentagon Continues Upgrading Military Bases

US Uses Romanian Air Base To Supply Afghan War

America's Africa Partnership Station In East Africa

Mongolia: US Leads NATO, Asian NATO Allies In Military Exercise

Libyan War: Over 17,000 NATO Air Missions, Nearly 6,500 Strike Sorti

The Big Picture: War on Libya is War on Africa

What in the world is a country facing bankruptcy and default doing conducting military exercises in Mongolia and Central Asia? What is the North Atlantic Treaty Organization, designed to counter a Soviet thrust into Western Europe, doing in Mongolia?

Why are these military expenditures necessary, but not expenditures to keep America's homeless population from rising while homes are destroyed?

Why do not the Republicans listen when mega-billionaire Warren Buffet says that the tax rate on his massive income is lower than the tax rate on his secretary's income?

The answer is that the Republicans have an agenda: War. And Republicans want to fund this war, not by taxing high incomes but by cutting support programs for the down and out.

To cut to the chase: Even if all the cuts actually happen, the weakening economy will result in new deficit projections that will wipe out the expected savings from the debt limit agreement.

What then will the government do?

Until US policymakers comprehend that the economy has been moved offshore and take steps to bring it home, there will be no solution to America's debt problem or to its unemployment problem.
http://www.opednews.com/articles/The-Decline-and-Fall-of-th-by-paul-craig-roberts-110802-602.html

by zone Wed Aug 10, 2011 9:44 am

Homeland Security's Internment Camps

Directly related to the issue of curbing social unrest, cohesive system of detention camps is also envisaged, under the jurisdiction of the Department of Homeland Security and the Pentagon. A bill entitled the National Emergency Centers Establishment Act (HR 645) was introduced in the US Congress in January. It calls for the establishment of six national emergency centers in major regions in the US to be located on existing military installations. http://www.govtrack.us/congress/billtext.xpd?bill=h111-645 The stated purpose of the "national emergency centers" is to provide "temporary housing, medical, and humanitarian assistance to individuals and families dislocated due to an emergency or major disaster." In actuality, what we are dealing with are FEMA internment camps. HR 645 states that the camps can be used to "meet other appropriate needs, as determined by the Secretary of Homeland Security."

There has been virtually no press coverage of HR 645. These "civilian facilities" on US military bases are to be established in cooperation with the US Military. Modeled on Guantanamo, what we are dealing with is the militarization of FEMA internment facilities. Once a person is arrested and interned in a FEMA camp located on a military base, that person would in all likelihood, under a national emergency, fall under the de facto jurisdiction of the Military: civilian justice and law enforcement including habeas corpus would no longer apply. HR 645 bears a direct relationship to the economic crisis and the likelihood of mass protests across America. It constitutes a further move to militarize civilian law enforcement, repealing the Posse Comitatus Act.

In the words of Rep. Ron Paul:

"...the fusion centers, militarized police, surveillance cameras and a domestic military command is not enough... Even though we know that detention facilities are already in place, they now want to legalize the construction of FEMA camps on military installations using the ever popular excuse that the facilities are for the purposes of a national emergency. With the phony debt-based economy getting worse and worse by the day, the possibility of civil unrest is becoming a greater threat to the establishment. One need only look at Iceland, Greece and other nations for what might happen in the United States next." (Daily Paul, September 2008, emphasis added)

The proposed internment camps should be seen in relation to the broader process of militarization of civilian institutions. The construction of internment camps predates the introduction of HR 645 (Establishment of Emergency Centers) in January 2009. There are, according to various (unconfirmed) reports, some 800 FEMA prison camps in different regions of the U.S. Moreover, since the 1980s, the US military has developed "tactics, techniques and procedures" to suppress civilian dissent, to be used in the eventuality of mass protests (United States Army Field Manual 19-15 under Operation Garden Plot, entitled "Civil Disturbances" was issued in 1985), and REX 84.

http://www.uaff.info/deathcamps.htm

by zone Wed Aug 10, 2011 9:47 am

U.S. FEMA PRISON CAMPS
There are some aspects to the FEMA conspiracies that very are true and scary, but most is dis-information and complete bull-crap. I have tried to debunk all of the silly stuff here on my website. Like the FEMA Trains which are in reality just car haulers.... I have also gone to several locations on the internment camp lists that all proved to be nothing. This is a pure diversion to keep us all guessing and an easy way to make us all look like right wing nut jobs. I have added all of the real FEMA issues below and also included all of the conspiracy stuff so you can all do your research. Remember that they do not need camps. Most high schools are now fenced in and could be used at anytime for internment. Anything and any place could be used, they do not need to have facilities set in place if they want to imprison the masses. Parks, sports facilities, parking lots, schools all have the possibility to hold large populations. The goal is depopulation. Many things that people believe are simply not true, and many things people do not want to believe are very true, look into (HR 645), FM 3-19.40, Rex 84, Operation Gardenplot, CILFs (Civilian Inmate Labor Facilities) and FEMA COFFINS.

http://www.uaff.info/femacamps.htm

by **strangelove** Wed Aug 10, 2011 12:31 pm

EXECUTIVE ORDER 11051

Specifies the responsibility of the Office of Emergency Planning and gives authorization to put all Executive Orders into effect in times of increased international tensions and economic or financial crisis.

by zone Wed Aug 10, 2011 9:20 pm

just the stroke of a pen, Doc.

by **strangelove** Thu Aug 11, 2011 9:26 am

Do you know of similar executive orders in the UK zone?

Do we have the same deal over there?

by zone Thu Aug 11, 2011 3:11 pm

stock-futures-rise-helps-pare-asia-losses-

Worldwide Economic meltdown 2011-08-11T115727Z_01_AMR07_RTRIDSP_3_STOCKS-MIDEAST

World stocks fall back on European bank concerns
NEW YORK/LONDON (Reuters) - Firmer U.S. stocks pulled world shares higher on Thursday as strong U.S. jobs data took some of the focus away from renewed fears about the health of the euro zone banking system.

by zone Thu Aug 11, 2011 3:14 pm

Strangelove wrote:Do you know of similar executive orders in the UK zone?

Do we have the same deal over there?

i'm certain Doc.
i'll look into it.
its built into their COMMON PURPOSE thing.
the usual suspects involved.

Wednesday, September 8, 2010

Nikki Raapana explains Communitarianism below

http://www.scribd.com/doc/9683923/Niki-Raapana-on-Communitarianism-

Nikki Raapana explains Communitarianism below. There are also excellent mp3 audio links to more information
and website links. Information on Amita i Etzioni (b. Werner Falk, 4 January 1929, Cologne, Germany)
Also see docs for C.O.P.S.- Community Oriented Policing which is connected to Communitarianism.
http://newresearchfindingstwo.blogspot.com/2010/09/nikki-raapana-explains-communitarianism.html

we have files here on it.
this guy >> Etzioni >> connected to NASA, the Noetic Sciences, the Noahide Laws, SDA, and the Pharisees.

by zone Thu Aug 11, 2011 3:22 pm

Strangelove wrote:Do you know of similar executive orders in the UK zone?

Do we have the same deal over there?

it's in this document somewhere: won't allow a cache search, though i've seen it before.
will keep searching for it.

http://www.angelfire.com/la2/prophet1/towg.html

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