42814 Gleaning Mile Wide Mississippi Tornado Obozo The POTUS Clown Antichrist Asks ”(g)od Has No Son” Muslim Bastard Imam For His Antichrist Islamic Prayer As Debt Marks The Spot (666 Upon The Forehead) And Declares Locusts In The Field
3 – FACTA goes into full force July 1 2014. – This is one of the “Deadline Dates” that those in the financial arena believe will cause the house of cards to come falling down. I reported on
This bill does several important things, as of July 1st, 2014:
1. It forces all worldwide banks to comply with the IRS if they have any transactions in U.S. dollars.
2. Because the U.S. dollar is still the world’s reserve currency, it essentially means ALL WORLDWIDE BANKS, except for the smallest community institutions, must comply.
3. To comply, banks can either spend a fortune segmenting, tracking, and potentially “taxing” their U.S. dollar transactions by as much as 30%… or they can simply get rid of all of their U.S. customers.
You may not think that this is going to affect you, well the repercussions of this is HUGE…
For one, it means more and more institutions will move AWAY from the U.S. dollar, accelerating the already rapid worldwide move away from the dollar as reserve currency.
For another, it essentially makes it extremely difficult, if not impossible, for the average American to get some of his money out of U.S. dollars, and into more stable currencies via foreign banks.
Already, we’ve seen two of the largest banks in the world, JP Morgan Chase and HSBC, basically eliminate international wire transfers. Many small banks have reportedly followed suit.
This is a clear example of Capital Controls.
A lack of volatility in the markets is dangerous, according to Saxo Bank’s Chief Economist Steen Jakobsen, who says we need to know why the danger will be with us for some time. In this brief clip he warns, “…the world seems to think there is a stable permanent equilibrium which doesn’t make sense if you think about it, unemployment is still rising, debt to GDPs are still rising, the Crimea situation is increasing in tension, not decreasing, The US still has a lot of stuff to do on social security and welfare spending…for two or three years down the road, with no activity, the world will fall into not only deflation, but also a recession.” Jakobsen predicts that, year on year, world growth will actually be “a big fat zero” and therefore the markets are drifting into dangerous territory.
Imagine if Russia/Ukraine “really” is at true geopolitical risk, if lowflation is not transitory, if growth does not come back again this year, if central banks have no alternative at zero bound, if European Central Bank chief Draghi is bluffing (as he often does)….., if China devalues…. ?
No, it will never happen. We have great diplomatic efforts being expended on Russia, central banks understanding the true economy and politicians who are committed and fully in line with the real economy, plus an extremely strong bank sector – The King is dead, long live the King….
If there is a lesson to be learned from events such as this one in Argentina, it is that the EU and US are not far behind in their socio-economic/political deterioration. Perhaps the reason that the dominant powers in the world today are ramping up their internal defence systems so dramatically is that they see the writing on the wall.
For a country that now has a life expectancy at birth of 78.7 years, retirement savings for post-work years is considered a matter of national importance. These concerns led President Barack Obama to propose a retirement savings account for working adults — MyRA — during this year’s State of the Union address. It remains to be seen whether this new type of savings plan, which will be available in late 2014, will ultimately alleviate some Americans’ concerns about retirement.
The answer, of course, is no and as with any other such “no risk, guaranteed return” instrument the outcome will be a disaster of epic proportions. But we’ll cross that bridge when central-planning takes us to it. In the meantime, just BTFD, or alternatively, BTFATH, and hope for the best. After all, in a market as rigged and manipulated as this one, hope (and prayer) is without doubt the best, and probably only, strategy.
Visiting Malaysia’s National Mosque on Sunday, President Obama was asked by the institution’s imam to end oppression against Muslims worldwide, Malaysia’s national press agency Bernama reported.
“Pray for me,” Obama replied, according to Grand Imam Ismail Muhammad, who took him on a 25-minute tour of the mosque, called Masjid Negara in Malay, in Kuala Lumpur.
The 70 year-old cleric said Obama had frequently replied with InsyAllah (Malay for “Allah willing”) and terima kasih (“thank you”) during the tour.
“It was nice of him, although he could not speak much of the Malay language but understood what I had said to him,” he said.
Obama, who wore a dark suit and removed his shoes, also visited and paid his respects at the National Mausoleum at the mosque complex, where former prime ministers and deputy prime ministers are buried.
“This is out of the ordinary as I cannot recall any non-Muslim world leader visiting the National Mosque and this is a good start for Muslims here,” said Ustaz Wan Akashah Wan Abdul Hamid, a religious scholar.
The news agency also cited a former National Mosque imam, Hassan Mahmood Al-Hafiz, as saying that “the willingness of the world leader to set foot on the Islamic landmark was a good omen, more so when Muslims were being wrongly linked to violence.” <—Yeah, Islam and the Mohammad morons ”convert or die” ”eye for an eye” Antichrist lying bastards are going straight to Hell, where ’70 virgin”s will torture their dumb dusty asses until they wish they could die. Lol. If you are an Islamic dipshit reading this site, and you still fall for the violent idiot ‘(g)od has no Son” bastard claim of Mohammad, then let all of the Islamic claims seal you and fall upon you in Mohammad’s image without the mercy of Yahweh Yahshua. Certainly you shall not surely rise but remain as you were, fallen.
invited to comment on Obama’s decision to visit a mosque but not a church while in the country, Council of Churches of Malaysia general secretary Hermen Shastri demurred, but said that those responsible for arranging the visit had “ensured that he is made aware of the religious freedom issues in the country.”
A spokesman for the National Evangelical Christian Fellowship chairman, Rev. Dr. Eu Hong Seng, said he welcomed the fact Obama chose to tour the National Mosque.
“Given the challenges and concerns for non-Muslim religions in Malaysia, especially Christianity, it would have been good for President Obama to also visit the places of religious worship of other religions,” he said. “This would help him better understand the issues facing non-Muslim religions in Malaysia.”
An Egyptian court has condemned the leader of the Muslim Brotherhood and 682 of his supporters to death, a year after the Islamist group was ousted from power in a military coup.
Mohamed Badie, the Brotherhood’s general guide, and his fellow defendants faced charges over an attack on a police station in Minya in 2013 in which a policeman was killed.
If confirmed by Egypt’s Grand Mufti, it would make him the most senior Brotherhood figure sentenced to death since one of the group’s leading ideologues, Sayed Qutb, was sentenced and executed in 1966.
The decision sparked hysteria outside the court as several women fainted upon hearing news of the verdicts, while others wailed: ‘Why? This is unfair!’
But after sentencing Badie and his followers, the judge then overturned the death penalties of another 492 Muslim Brotherhood members, jailing them for life instead. <—Does anyone think the Obozo’s Muslim Brotherhood Bastards would spare life in this case, especially Christians or Jews? Lol. Islam can’t live by it’s own rule, it’s own rule is death, proven by this case. The Antichrist Mohammad ”(g)od has no Son” bastard(s) entire rule of law is covert of die. Lol, it doesn’t get any weaker than Islam or more pathetic and stupid as a muslim moron that goes around slaughtering humanity thinking to do the work of Heaven. These muslim brotherhoods Obozo the clown supported are evil bastards and so is POTUS also guilty. The Egyptian court sentence also convicts POTUS. That is the whole true reality of Egypt and the slaughter supported by the American President, who is an evil Hell bound bastard.
Everyone that supports POTUS Obozo is also guilty, and the sad reality is that 95% of one political caucus in the U.S. voted for this asshole twice, not because he has half a brain, he doesn’t, but, because of his skin color, which makes that block equal with a Clipper that reaps the whirlwind for being a moron. Look what has happened to everything this evil asshole has touched. Obozo goes to Egypt and it burns down. Obozo touches Health Care and it burns down. America is reaping Egypt’s whirlwind and the lying bastard is starting World War 3 with Russia while trying to seal the prophetic covenant with many that declares the Antichrist who by peace destroys many. This jerk is the spitting image of the Antichrist. Christians do not call the Koran a ”holy book”, but this pandering evil bastard walks into a Muslim church and the fools buy his bullshit just like the socialist in the EU and the U.S.. It doesn’t get more obvious than seeing Egypt convict obvious criminals supported by Obozo the clown ”after” they pay the penalty for having done so. So here the world stands with the POTUS of Egypt and Sodom, at the very end of 6000 years, does anyone really expect this generation is not going to suffer tribulation with 666 POTUS Obozo’s hand on the trigger? Lol, Egypt tells the tale, the answer is upon this generation and the coming months and years are not going to get better but extremely worse every passing day.
On a side note: After the earthquake in D.C. shut down POTUS Obozo’s 666 Debt ceiling prop, there really isn’t any cause to not completely destroy it and D.C. at this point. If you think judgment isn’t coming you would be dead wrong. Consider where your heart is and if you are inspired to be so moved. Looking down from Heaven, would you spare Sodom and Egypt or Babylon at this point? The people have remained as they were, not moved by the storm, unaffected by the quake and they have accepted the mark of the beast. Have no doubt, tribulation is certain to come suddenly.
Introducing AISight: The slightly scary CCTV network completely run by AI AKA Antichrist Islam (Imagine The Blasphemy Algo)
Even more ominously, the order to have the IRS dig up information to prosecute conservatives was given to the Justice Department’s director of the Election Crimes Branch of the Public Integrity Section by “someone” higher up in the chain of command.
That means the orders either came from someone in a position of top authority at the Justice Department, or, someone at the White House.
As Floyd Brown told WND, “The authoritarianism of the federal government should frighten every American. The new slogan of big government has changed from ‘we won’t listen,’ and it has become ‘you can’t speak.’”
The current presidential administration has engaged in so much outright thuggery it’s hard to keep track of. It has abused its power at every level and in every department possible, going after its political opponents with the full force of the federal government.
The Republicans on the House Oversight Committee have uncovered emails that seem to indicate that the IRS was actively working with the Justice Department in the targeting of conservative groups.
But it gets worse. Holder’s DOJ was apparently considering using criminal prosecution against these conservative activists to silence them, doing so for activities which are perfectly legal.
1. Debt is the enforcement mechanism of feudal fealty. Debtors–those with mortgages, student loans, vehicle loans, credit card balances, etc.–are obligated to fund the rentier income of their financial masters, the New Nobility. This is the essence of a feudal arrangement.
Others have different definitions of neofeudalism.
The real problem with Piketty’s taxation/social welfare solution to wealth inequality is that it does nothing to change the source of systemic inequality, debt-based neofeudalism and neocolonialism. Simply raising more taxes to fund more social welfare programs leaves the unjust, rapacious, and ultimately destabilizing Status Quo entirely intact.
I have laid out another path in my books: refuse serfdom, abandon participation in neofeudalism and neocolonialism, and build parallel systems of cooperation and wealth-building that are not debt-dependent.
yes – it is inevitable. I can rally a few hundred thousand people and we can all march on Washington. It will change nothing as was the case with the Occupy Wall Street gathering. Government simply arrested people under all sorts of pretense. Michael Bloomberg, who was Mayor of NYC at the time, was more concerned about people drinking soda than the freedom of speech. God forbid they protest against his bankers – never forget he came from Salomon Brothers.
Just as the pretend liberal Bloomberg sought to crush the freedom of speech yet cared so much about people drinking soda, we are hopelessly lost in a declining spiral vortex of debt and corruption that will only change with war and civil unrest.
It is perhaps supremely ironic that the last time we did an in depth analysis of Deutsche Bank’s financial situation was precisely a year ago, when the largest bank in Europe (and according to some, the world), stunned its investors with a 10% equity dilution. Why the capital raise if everything was as peachy as the ECB promised it had been? It turned out, nothing was peachy, and in fact DB would proceed to undergo a massive balance sheet deleveraging campaign over the next year, in which it would quietly dispose of all the ugly stuff on its balance sheet during the relentless Fed and BOJ-inspired “dash for trash” rally in a way not to spook investors about everything else that may be beneath the Deutsche covers.
We note this because moments ago, Deutsche Bank did the same again when it announced that it would issue yet another €1.5 billion in Tier 1 capital.
Ok, so in retrospect nothing is peachy in Frankfurt, and for all the constant lies about improving NPLs and rising cash flows, banks – especially those which not even the ECB can bailout when push comes to shove – Deutsche is as bad as it was a year ago.
So, just like last year when we decided to take a look inside the company’s financials to understand why DB was scrambling to dilute its shareholders and raise a few paltry billion in cash, so this year too, we had the pleasure of perusing the European megabank’s annual report.
What we found, while hardly surprising for those who read out post from also a year ago, “At $72.8 Trillion, Presenting The Bank With The Biggest Derivative Exposure In The World (Hint: Not JPMorgan)”, is just as jarring.
Because while America’s largest bank by assets, and certainly ego of its CEO, that would be JPMorgan of course, had a whopping $70.4 trillion in total notional of derivative holdings (across futures, options, forwards, swaps, CDS, FX, and so on), Deutsche Bank once again put it well in the dust.
The number in question? €54,652,083,000,000 which, converted into USD at the current exchange rate, amounts to $75,718,274,913,180. Which is over $5 trillion more than JPM’s total derivative holdings.
The good news: at least Bank of America has no error in its $55.7 trillion in total derivative exposure notional:
On Friday, U.S. President Barack Obama started bringing down the curtain on the American peace initiative spearheaded by his secretary of state, John Kerry, since last March. Obama did not formally wave the white flag, but his statements to the press make it clear that he thinks that currently, both Israeli Prime Minister Benjamin Netanyahu and Palestinian President Mahmoud Abbas are not partners for peace. Obama’s statements were neither planned nor orchestrated in advance. He was asked a question, and he answered honestly and directly that despite a year of supreme efforts by the American administration, both Netanyahu and Abbas were unwilling to show leadership. In Obama’s opinion, both figures, motivated by political survival, don’t want to make decisions which will begin to untie the Gordian knot called the Israeli-Palestinian conflict.
Alexander the Great passed through Gordium in 333 BC, famously severing the Gordian Knot in the temple of Sabazios (“Zeus”). According to a legend, possibly promulgated by Alexander’s publicists, whoever untied the knot would be master of Asia.
US Secretary of State John Kerry has warned that in the absence of a two-state solution, Israel risks becoming an apartheid state, The Daily Beast news site reported early Monday morning.
According to The Daily Beast, Kerry also reiterated that failure of the Israeli-Palestinian negotiations could result in a resumption of Palestinian violence against Israelis.He apparently placed the blame on both sides for the crumbling of peace talks, slammed Israeli settlement construction, and opined that a change in either the Israeli or the Palestinian government could increase the possibility of achieving peace.
”A two-state solution will be clearly underscored as the only real alternative. Because a unitary state winds up either being an apartheid state with second class citizens—or it ends up being a state that destroys the capacity of Israel to be a Jewish state,” The Daily Beast quoted Kerry as saying, suggesting that he may offer his own peace deal as a final option.
The Jerusalem Post could not independently confirm the veracity of this report.
Polio passes easily from person to person and can spread rapidly among children, especially in the kind of unsanitary conditions endured by displaced people in war-torn regions, refugee camps and areas where healthcare is limited.
“Wild polio virus continues to spread internationally from both endemic and re-infected countries,” the United Nations health agency said in a statement, adding that the meeting in Geneva would last several days.
Health experts from North America, Europe, Asia, Africa and the Middle East will be asked “to advise on whether the current developments on the spread of polio virus constitute a public health emergency of international concern”, it said.
Polio re-emerged in Syria in 2013 for the first time in 14 years, fanning fears of a wider international proliferation and prompting a vast regional emergency vaccination campaign. [ID:nL5N0IT2OM]
The virus invades the nervous system and can cause irreversible paralysis within hours. The WHO has repeatedly warned that as long as any single child remains infected with polio, children everywhere are at risk.