71414 Gleaning ===((>X<))===
The identification of the true object of worship practiced by modern Freemasonry—Athena to Mithras, to Attis and Cybele, Semiramis and Ninus, Neith and Ra, Isis and Osiris, and Eve and the Nachash.
The identification of the ultimate goal that has been looked forward to for thousands of years by the elite members of the mystery religion might come as a surprise to many. The truth might seem too fantastic to accept. But the fact that the common man will be made aware of this truth also points to the lateness of the hour. The final objective of the great work that was started by the ancient mystics will be accomplished. The true end however, won’t occur as they have been expecting.
Most people have never heard of Jaime Caruana even though he is the head of an immensely powerful organization. He has been serving as the General Manager of the Bank for International Settlements since 2009, and he will continue in that role until 2017. The Bank for International Settlements is a rather boring name, and very few people realize that it is at the very core of our centrally-planned global financial system. So when Jaime Caruana speaks, people should listen. And the fact that he recently warned that the global financial system is currently “more fragile” in many ways than it was just prior to the collapse of Lehman Brothers should set off all sorts of alarm bells.
In other words, at a point which is month #61 of the current business cycle, and thereby already beyond than the average cycle since 1950, why would any one in their right mind say a market is not bubbly when it’s trading at nearly 20X reported earnings. Indeed, in a world where interest rate and profit rate normalization must inevitably come, the capitalization rate for current earnings should be well below normal—-not extended into the nosebleed section of historical results.
And this applies to almost any other measure of valuation in risk asset markets. The Russell 2000, for example, still stands at the absurd height of 85X reported earnings. The cyclically adjusted S&P stands at 24X, or six turns higher than its half century average. The Tobin’s Q measure is also far more stretched than in 2007.
Likewise, emerging markets have piled on $2 trillion in foreign currency debt since 2008. This makes them far more significant in the global financial scheme than they were in 2008 or even at the time of the East Asia crisis of the late 1990s. And that is not even considering the massive house of cards in China, where credit market debt has soared from $1 trillion at the turn of the century to $25 trillion today.
At the end of the day, the Fed and its fellow traveling central banks have systematically dismantled the natural stability mechanisms of financial markets. Accordingly, financial markets have now become dangerous casinos in which speculative bubbles are guaranteed to build to dangerous extremes as the central bank driven financial inflation gathers force. That’s where we are now. Again.
According to the CPI, the overall rate of inflation since January of 2000 has been 39 percent.
Oklahoma Sen. James Inhofe, the top Republican on the Senate Armed Services Committee, said in response: “Once again [President Obama] is putting domestic politics ahead of the security of our nation. The Army captains and majors receiving pink slips while on the battlefield is just the latest example.
“My heart goes out to these men and women who are risking their lives and making great sacrifices, yet are now being told they are being separated from the Army and will have no job when they return home to their families.”
Since December of last year, JPMorgan Chase has been experiencing tragic, sudden deaths of workers on a scale which sets it alarmingly apart from other Wall Street mega banks. Adding to the concern generated by the deaths is the recent revelation that JPMorgan has an estimated $180 billion of life insurance in force on its current and former workers.
They are the highest clouds in Earth’s atmosphere, located in the mesosphere at altitudes of around 76 to 85 kilometres (47 to 53 mi). They are normally too faint to be seen, and are visible only when illuminated by sunlight from below the horizon while the lower layers of the atmosphere are in the Earth’s shadow. Noctilucent clouds are not fully understood and are a recently discovered meteorological phenomenon; there is no record of their observation before 1885.
On June 11, 2002 a conference on North American integration was held by the Woodrow Wilson International Center for Scholars. The center, which influences policy making in Washington, is funded by the Rockefeller Brothers Fund, The Gates Foundation and George Soros. During the 2002 meeting, shocking revelations were made regarding the elite’s plans to create a North American Union between Canada, Mexico, and the United States. In order to accomplish this, representatives from various think tanks agreed that a campaign of social engineering needed to re-shape beliefs about national sovereignty and identity.
We have found this cycle’s greater fool and once again it is the retail investor.
Because this time they are telling the truth. In the meantime, Japanese population continues to ingest rice and who knows what other irradiated food under the assumption that all is safe.
And to think that several years ago we joked (or so we hoped) that in order to fix its demographic bubble, in which Japan finds itself having the oldest average population of any country in the world, was merely to feed said population radiation. It appears that this “proposal” was taken a little too seriously by the local administration.
Russia and Saudi Arabia plan to sign an intergovernmental agreement in the civilian nuclear cooperation, the head of Russia’s Rosatom nuclear energy corporation said on Sunday. “Everything is ready, at the level of delegations everything has been initialed and agreed. We expect to sign [the document] in the fall,” Rosatom chief Sergei Kiriyenko said.
In June, reports said Russia and Saudi Arabia had agreed on the draft document and discussed prospects for advancing bilateral cooperation in civilian energy and related sectors. Saudi Arabia also presented its national nuclear energy program..
Earlier, the former KGB spy launched his tour with a visit to Russia’s Cold War ally Cuba, where he met President Raul Castro and his 87-year-old brother Fidel, father of the island’s communist revolution.
U.S. Secretary of State John Kerry said on Sunday major differences persist between Iran and six world powers negotiating on Tehran’s nuclear program, with a week to go before a deadline for a deal.
The United States, Britain, France, Germany, Russia and China want Iran to reduce its nuclear fuel-making capacity to deny it any means of quickly producing atom bombs. In exchange, international sanctions that have crippled the large OPEC member’s oil-dependent economy would gradually be lifted.
But now we know.
The uncertainties were swept aside on Friday afternoon, when the prime minister, for the first time in ages, gave a press conference on Day Four of Operation Protective Edge.
He spoke only in Hebrew, and we are in the middle of a mini-war, so his non-directly war-related remarks didn’t get widely reported. But those remarks should not be overlooked even in the midst of a bitter conflict with Gaza’s Islamist rulers; especially in the midst of a bitter conflict with Gaza’s Islamist rulers. The prime minister spoke his mind as rarely, if ever, before. He set out his worldview with the confidence of a leader who sees vindication in the chaos all around. He answered those fundamental questions.
Netanyahu finally speaks his mind
At his Friday press conference, the prime minister ruled out full Palestinian sovereignty, derided the US approach to Israeli security, and set out his Middle East overview with unprecedented candor. His remarks were not widely reported; they should be
He made explicitly clear that he could never, ever, countenance a fully sovereign Palestinian state in the West Bank. He indicated that he sees Israel standing almost alone on the frontlines against vicious Islamic radicalism, while the rest of the as-yet free world does its best not to notice the march of extremism. And he more than intimated that he considers the current American, John Kerry-led diplomatic team to be, let’s be polite, naive.
Perhaps most reporters switched off after he’d delivered his headlines, making plain that “no international pressure will prevent us from acting with all force against a terrorist organization (Hamas) that seeks to destroy us,” and that Operation Protective Edge would go on until guaranteed calm was restored to Israel. If they did, they shouldn’t have.
Even after US President Barack Obama telephoned him and personally asked him to mediate between Israel and Hamas, Egyptian President Abdel Fattah al-Sisi is doing it “unenthusiastically,” as an advisor at the presidential palace defined it.
What’s changed is the perception that the USA has any role to play any longer even in the diplomatic theatrics. The Middle East is disintegrating faster than any polity in historical memory. It appears that, if anything, the USA has only succeeded in accelerating the process wherever we turn our attentions. Since the 1970s, we haven’t felt the ultimate consequence of trouble in that part of the world, which would be an interruption in the oil supply coming out of there.
Back then, there might have been something we could do about it. Now there is nothing we can do but stand on the sidelines and wait. In the meantime, wouldn’t it be a good idea to attend to our own problems, especially the critical need to prepare for American life in a post-oil world?
Russia on Sunday accused Ukraine of lobbing a shell over the border and killing a Russian civilian and warned of “irreversible consequences,” in a sharp escalation of rhetoric that raised fears of a Russian invasion in Ukraine’s east.
My opinion of the IMF, concurs with that of John Perkins, author of ‘Confessions Of An Economic Hitman’, his views being that of an insider in the system and mine merely as an observer. He succinctly points out that major western nations use financial warfare to get what they want and gain influence over other countries – the IMF being one of the tools with which they do this..