Thanks for the post, JC. And sort of off topic, those Pravda links posted by efsaturn - it almost seems that both citigroup and standard & poor are betting on the success or failure of the Iranian oil bourse.
From http://english.pravda.ru/world/20/91/368/16823_dollar.html : "Standard & Poor's (SP) ties the possible decline of the American currency with the imminent rise of the European economy and the payment shortage of the USA"
Okay. It would seem that the Iranian oil bourse would have a positive effect on the euro and a very negative effect on the dollar... and therefore the US would do whatever it takes to keep the oil bourse from occurring. (I certainly don't do the previous posts by qrswave on this subject any justice by my summary.)
But reading this: "While Standard & Poor's specialists talk about the looming collapse of the American currency, Citigroup analysts predicted the end of the dollar reign in the world economy back in 2005. Nowadays, Citigroup forecasts the fall of the European currency and recommend investors to sell euros."
Is citigroup thinking that security council action or something more serious will now keep the Iranian oil bourse from happening? Do they know something we don't? It makes me wonder if the analysts for these companies are just placing bets on the outcome of the upcoming crisis, maybe even making a little profit off of the trades resulting from their forecasts? Or it's just late and I am rambling. ;0)
Anon, it may be late, but you're not rambling. I think your analysis is right on target. The folks at citi more or less know what the US plans to do and by their actions this is not encouraging.
Those who don't know are always gambling on their speculations. That's the name of the game. The financial market is nothing but a big sophisticated gambling casino.
[Image]For the past week or so I've been mulling over whether it would be possible to put together a formal suit against the US Government (President, Senate and Congress) charging them for Treason, Fraud etc. Seeing that they have sold the country and enslaved its people to a clique of bankers and industrialists.
I'm no lawyer so I didn't know where to begin. But just thinkiing about the crimes committed and how they did not match with articles of the US Constitution made me think "There's something here. It might actually be feasible." What's really needed is people to back it up.
Then I came across this. As it turns out "On May 23, 1933, Congressman, Louis T. McFadden, brought formal charges against the Board of Governors of the Federal Reserve Bank system, The Controller of the Currency and the Secretary of United States Treasury for numerous criminal acts, including but not limited to, CONSPIRACY, FRAUD, UNLAWFUL CONVERSION, AND TREASON. The petition for Articles of Impeachment was thereafter referred to the Judiciary Committee and has YET TO BE ACTED ON."
Here's some of what he had to say:"Mr. Chairman, we have in this Country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks, hereinafter called the Fed. The Fed has cheated the Government of these United States and the people of the United States out of enough money to pay the Nation's debt. The depredations and iniquities of the Fed has cost enough money to pay the National debt several times over."
"This evil institution has impoverished and ruined the people of these United States, has bankrupted itself, and has practically bankrupted our Government. It has done this through the defects of the law under which it operates, through the maladministration of that law by the Fed and through the corrupt practices of the moneyed vultures who control it."He goes on to state amongst other things that:"Mr. Chairman, when the Fed was passed, the people of these United States did not perceive that a world system was being set up here which would make the savings of the American school teacher available to a narcotic-drug vendor in Acapulco. They did not perceive that these United States was to be lowered to the position of a coolie country which has nothing but raw material and heart, that Russia was destined to supply the man power and that this country was to supply the financial power to an 'international superstate.' A superstate controlled by international bankers, and international industrialists acting together to enslave the world for their own pleasure?"
"It is true that the warehouses and coal yards and grain elevators are full, but these are padlocked, and the great banks and corporations hold the keys."
New Westminster, B.C., April 15, 2005. John Ruiz Dempsey BSCr, LL.B, a criminologist and forensic litigation specialist filed a class action suit on behalf of the People of Canada alleging that financial institutions are engaged in illegal creation of money. The complaint filed Friday April 15, 2005 in the Supreme Court of British Columbia at New Westminster, alleges that all financial institutions who are in the business of lending money have engaged in a deliberate scheme to defraud the borrowers by lending non-existent money which are illegally created by the financial institutions out of “thin air.” Dempsey claims that creation of money out of nothing is ultra vires these defendants’ charter or granted corporate power and therefore void and all monies loaned under false pretence contravenes the Criminal Code. The suit which is the first of its kind ever filed in Canada which could involve millions of Canadians alleges that the contracts entered into between the People (“the borrowers”) and the financial institutions were void or voidable and have no force and effect due to anticipated breach and for non-disclosure of material facts. Dempsey says the transactions constitutes counterfeiting and money laundering in that the source of money, if money was indeed advanced by the defendants and deposited into the borrowers’ accounts, could not be traced, nor could be explained or accounted for.We can bring them all down people. It can be done. Read the documents. Spread the word.
11 Comments
Close this window Jump to comment formExcellent post, jc!!!
Wednesday, February 01, 2006
thx!!
Wednesday, February 01, 2006
now we just need some lawyers to put their heads together and make this work. did you check JFK's EO?
it's still valid. how's that?
Wednesday, February 01, 2006
Great idea!
Also Prava has had a lot of articles predicting 20% and 40% decline in the dollar. One says it is S&P.
http://english.pravda.ru/world/20/91/368/16539_dollar.html
http://english.pravda.ru/world/20/91/368/16823_dollar.html
Wednesday, February 01, 2006
Thanks for the post, JC. And sort of off topic, those Pravda links posted by efsaturn - it almost seems that both citigroup and standard & poor are betting on the success or failure of the Iranian oil bourse.
From http://english.pravda.ru/world/20/91/368/16823_dollar.html :
"Standard & Poor's (SP) ties the possible decline of the American currency with the imminent rise of the European economy and the payment shortage of the USA"
Okay. It would seem that the Iranian oil bourse would have a positive effect on the euro and a very negative effect on the dollar... and therefore the US would do whatever it takes to keep the oil bourse from occurring. (I certainly don't do the previous posts by qrswave on this subject any justice by my summary.)
But reading this: "While Standard & Poor's specialists talk about the looming collapse of the American currency, Citigroup analysts predicted the end of the dollar reign in the world economy back in 2005. Nowadays, Citigroup forecasts the fall of the European currency and recommend investors to sell euros."
Is citigroup thinking that security council action or something more serious will now keep the Iranian oil bourse from happening? Do they know something we don't? It makes me wonder if the analysts for these companies are just placing bets on the outcome of the upcoming crisis, maybe even making a little profit off of the trades resulting from their forecasts? Or it's just late and I am rambling. ;0)
Thursday, February 02, 2006
jc, I'll look at it more closely this weekend.
great links, efsaturn!
Anon, it may be late, but you're not rambling. I think your analysis is right on target. The folks at citi more or less know what the US plans to do and by their actions this is not encouraging.
Those who don't know are always gambling on their speculations. That's the name of the game. The financial market is nothing but a big sophisticated gambling casino.
Thursday, February 02, 2006
Testing
Thursday, February 02, 2006
Well, sonofagun, it works!!
Thursday, February 02, 2006
LOL! you're funny, Ohio!
Thursday, February 02, 2006
Thanks for the post. It was very interesting and meaningful.
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