Zero Interest 666 Market Implode Marks The Start
Arguing that Tea Party groups have a financial advantage after the Supreme Court’s 2010 Citizens United decision, Schumer said the Obama administration should bypass Congress and institute new campaign finance rules through the IRS.
“It is clear that we will not pass anything legislatively as long as the House of Representatives is in Republican control, but there are many things that can be done administratively by the IRS and other government agencies—we must redouble those efforts immediately,” Schumer said.
Imagine that, let the banks fail! Let the criminal bankers take the same risk as any other business venture. Can we imagine Obama ever speaking this way in public? In fact, if the United States was Iceland, President Obama, John McCain, Diane Feinstein, Nancy Pelosi, Harry Reid, Lindsay Graham, Hillary Clinton, Valerie Jarrett, G.W. Bush, G. H. W. Bush, Lloyd Blankfein, Tim Geithner, Hank Paulson, Jon Corzine, Peter Sutherland, Ben Bernanke, et al., would all be in prison.http://www.youtube.com/watch?v=w_rDbOgq-_k
Revelations surrounding ‘Operation Fast and Furious’ gave the public an insight into the nefarious, yet symbiotic relationship between US federal agencies and Mexican drug cartels.
This latest investigation (below) shows how the Greater Chicago area has been flooded with Class A drugs under the direct control of the Drug Enforcement Agency (DEA). It demonstrates without a shadow of doubt that the US Federal gov’t in Washington DC is not only culpable, but profiting from this illicit trade…
January 1, 2014 All Americans Will Bail Out The Banks.
Under the Dodd Frank bill all currency placed into a American bank
account is no longer secure after January 1, 2014.
That includes Federal credit unions.
Frank Dodd bill declares bank depositors you and me as unsecured creditor’s of the bank.
This is how bail ins will take place in America.
Depositors are no longer depositors.
Bank’s now own your deposit by law.
If a bank has any financial problems they can now take your money
as written under Frank Dodd.
Be prepared to have your money confiscated if any bank finds itself
in trouble by bad loans because, you the depositor will make up
the banks loss through your bank account.
Bail ins for banks legal in America January 1, 2014.
Now we know why Frank left politics.
Following research last week suggesting that HSBC has a major capital shortfall, the fact that several farmer’s co-ops were unable to pay back depositors in China, and, of course, the liquidity crisis in China itself, news from The BBC that HSBC is imposing restrictions on large cash withdrawals raising a number of red flags. The BBC reports that some HSBC customers have beenprevented from withdrawing large amounts of cash because they could not provide evidence of why they wanted it.
HSBC admitted it has not informed customers of the change in policy, which was implemented in November for their own good: “We ask our customers about the purpose of large cash withdrawals when they are unusual… the reason being we have an obligation to protect our customers, and to minimise the opportunity for financial crime.” As one customer responded: “you shouldn’t have to explain to your bank why you want that money. It’s not theirs, it’s yours.”
It turns out, that’s exactly what is happening right now, as Chinese banks struggle to cope with nearly $23 trillion worth of potentially bad loans. Yes, that’s Trillion, with a “T.” The Chinese, it appears, have mimicked the exact set of circumstances that led to the 2008 crisis in America. Remember all of those empty cities and malls in China – they housed no people or shopping venues, yet cost billions of dollars to develop? It looks like all those bridges to nowhere are catching up with the Chinese. And the panic has begun, as evidenced by capital controls and restrictive withdrawal policies now being implemented by one of the largest banks in the world all across China.
But then again, as Ben Bernanke has said previously, there is no risk to the financial system. Moreover, the FDIC has insured your money, so if something does go wrong with the American banking system, all of your losses are totally covered by the roughly $50 billion in FDIC reserves. That should be plenty of money to handle the $9 trillion in US-based domestic customer deposits, plus the $300 trillion in derivatives bets made by the banks
Many individuals have heard it a million times, but for the uninformed, or those just looking to fuel their 2014 fire to finally defeat Monsanto and their cronies, you’ll be interested to know that Monsanto’s Bt-toxin is far from ‘safe’ as the chemical company claimed it would be when filing their papers with the FDA. New research from Canada show that BT toxins are showing up in pregnant women, and low and behold – they are killing human embryo cells. 2014 is the year of the horse, but we’re not through beating this one to death.
I hearken back to the popular television show, Revolution, in which a MSM television network is prominently presenting re-education camps and a bioterror attack upon the people of the United States in order to reduce the size of the population as part of its plot in a hit TV series.
I think a good case can be made that a major bio-terror event is coming and FEMA is getting ready to control this contrived situation. Regardless, a Constitutional Republic should never tolerate a law which permits its government to conduct heinous experiments upon its citizens with impunity.
Losses accelerated into the close, with the Dow Jones Industrial Average falling 318.24 points, or 2 percent, at 15,879.11, down 3.5 percent for the week, its worst since November 2011, and off 4.2 percent since the end of 2013.
Falling under the 1,800 level seen as a key support, the S&P 500 tumbled 38.17 points, or 2.1 percent, to 1,790.29, with industrial companies hardest hit among its 10 major industry sectors, all of which fell. The S&P 500 posted a weekly drop of 2.6 percent, its worst week since June 1012.
The Nasdaq declined 90.7 points, or 2.2 percent, to 4,128.17, a weekly loss of 1.7 percent and down 1.2 percent for the year.
In what’s been described as the biggest online outage in history,China’s Internet went completely down Tuesday afternoon. Theories have abounded since as to what caused it, and whether the crash was intentional on the part of the Chinese government to block citizens from seeing a controversial news story on the nation’s leadership and their offshore bank accounts.
The historic outage, which affected about 500 million Chinese, began at 3:30 pm local time on January 21, according to GreatFire.org, a group that monitors China’s efforts to censor Internet information.
The murderous attacks that hit the Sinai peninsula have not abated; they’ve just shifted to the country’s major cities
Now cybernetic experts are pointing to the trends in robotics, artificial intelligence, and 3D printing to suggest that the “merger” could go beyond the establishment of an era of cyborgs and into a very literal one: sex with robots.
Cybernetics experts say it’s possible for robots to breed with each other, and with humans, by 2045.
The magical transhumanist date of 2045 holds many predictions for how man will attain his final merger with computer systems and usher in an age of “spiritual” machines. Ray Kurzweil has issued a bevy of likely scenarios in his book The Singularity is Near, and continues to suggest that much of those predictions could arrive much sooner. Others have pointed strictly to the economic impact and have marked 2045 has the date when humans could be completely outsourced to robotic workers.