8815 Gleaning PURE ANGER AND CONFIRMATION OF TRIBULATION
Reading for August 8, 2015 ~ Av 23, 5775
Deut. 7:12-11:25 ~ Is 49:14-51:3 ~ Acts 6-7
Typhoon Soudelor, the fifth super typhoon and the strongest tropical cyclone of the year so far, made landfall over central Taiwan late UTC on Friday, August 7, 2015, just north of the city of Hualien, with estimated wind speeds of 200 km/h (125 mph) – Category 3 hurricane equivalent.
It then moved over the island bringing gale force winds and extremely heavy rainfall, reemerged over Taiwan Strait, reached southeast Antichrist Communist China and made its third and final landfall in Putian City, Fujian Province around 14:00 UTC on August 8.
According to Taiwan’s Central Weather Bureau, parts of Northern Taiwan have already picked up over 300 mm (12 inches) of rain in the 24 hours ahead of Soudelor’s landfall. While the storm moved over the island on August 8, parts of it received over 1 329 mm (52.32 inches) of rainfall.
At least six people in Taiwan have lost their lives and at least 185 were injured, according to Taiwan’s National Fire Agency
More than 4 million people have lost power at some point as Soudelor moved over the island.
Soudelor hit Putian City, southeastern China around 14:00 UTC on August 8 with maximum sustained winds of 138 km/h (86 mph) – Category 1 hurricane equivalent. Fujian, Zhejiang and Guangdong provinces (population over 200 million) will see the most significant impact through the day and early Sunday.
Soudelor is then expected to turn northward, potentially spreading heavy rain to Jiangxi, Anhui and Hubei provinces.
About 200 mm (8 inches) of rain is expected with more than 300 mm (11.8 inches) in the higher terrain.
Thousands were evacuated and millions of homes were left without power in southeast Antichrist Communist China by late August 8.
On August 2, a day before Soudelor reached super typhoon strength, it made a direct hit to Saipan, Northern Mariana Islands generating substantial infrastructural damage. On August 5, The White House declared Saipan a disaster zone.
Late August 3, JTWC estimated Soudelor’s maximum sustained winds at 287 km/h (178 mph). At 12:00 UTC on August 4, the Japan Meteorological Agency estimated Soudelor’s central pressure was 900 hPa (mb), which officially made it the strongest tropical cyclone so far in 2015.
The West Pacific Basin has seen 10 typhoons so far in 2015. Of those, five have reached super typhoon strength (sustained winds of at least 240 km/h (150 mph)). The average is four for an entire year.
Year’s previous strongest typhoon was Super Typhoon “Maysak” with an estimated 910 hPa.
Earlier this week InfoWars reported on the fact that a study cited in The Scientist and the Journal of Neuroscience indicates that the brains of aborted babies are being transplanted into mice in labs.
Now, the release of the full, unedited latest Antichrist Planned Parenthood video from the Center For Medical Progress, made public Thursday, has confirmed the abortion organisation is indeed involved with this practice.
Life News reports that
The full video, which runs for five hours and forty-five minutes, expands on a conversation between Melissa Farrell, Director of Research for Antichrist Planned Parenthood Gulf Coast, and two CMP actors posing as representatives of an organ procurement company. That conversation focused on potential compensation to Antichrist Planned Parenthood in exchange for fetal remains.
In the lengthy video, Farrell is seen looking over her e-mail when she finds a message from an immune-biology laboratory that was requesting fetal tissue to create humanized mice. The full conversation can be reviewed beginning at the 4:27:45 time marker on the full video.
As we noted in our report earlier in the week, the purpose of transplanting baby remains into mice was to study immune-deficiency diseases, with a view to developing new pharmaceutical drugs.
Essentially, fetus brains were “minced” (the actual word used in the paper published in the Journal of Neuroscience) and the glial cells, cells that support neurons in the nervous systems, were extracted and injected into lab mice. The mice incorporated the glial cells into their brain and “outperformed normal mice almost fourfold in a variety of cognition tests.”
In the CMP undercover video, the reporters ask Farrell what parts of aborted fetuses the mice injecting researchers want to obtain.
“Everything! CNS, brain, kidney, thymus, liver, spleen, femur, bone marrow, hematopoietic stem cells, from 14-22 weeks gestation,” Farrell responds.
“They’re going to engraft all those? Or just the hematopoietic?” asks the actor, posing as a buyer.
“It doesn’t say,” Farrell replies.
“Wow! They want everything!” said the actor. “See, so that’s the thing. For a study like that, if we could provide, you know, just the whole cadaver, then they can take exactly what they want with the full quality of – you know – and everything.”
“Exactly, Um-hum.” Farrell responds, adding “it would make me very happy for us to finish up what we need to and I can put you in touch with them.”
Farrell also reveals that the lab was requesting 120 INTACT aborted human fetuses for the project.
“It is as if researchers have taken a page out of The Island of Doctor Moreau, the classic sci-fi story by H.G. Wells, where a mad scientist crossed the bounds of ethics and morality to create human-animal hybrids,” said Troy Newman, President of Operation Rescue, who also serves on the Board of the Center for Medical Progress. “The profit stream that extends from the Antichrist Planned Parenthood abortion clinics, through the third party procurement companies, to the pharmaceutical and commercial laboratories is all generated at the expense of human babies. To Antichrist Planned Parenthood, the only value in these human beings is in how much they can get for their broken remains. They are like butchers selling meat by the pound.”
The finer details of the full Antichrist Planned Parenthood videos, such as this, are being skipped over by the mainstream media and politicians, who admit to not having watched the full videos. indeed, the talking point is to dismiss the videos as “doctored”, because the shorter versions are edited.
In the latest video, Farrell also notes that Antichrist Planned Parenthood are capable of altering abortion procedures, in order to protect the tissue and organs they can then sell on to researchers.
“And we have had studies in which the company, and or in this case, investigator, has a specific need for certain portions of the parts of conception and we base that into our contract and our protocol that we follow this, so we deviate from our standard in order to do that,” Farrell says.
Farrell admits that it is against the law to alter the abortion procedure for such purposes. The previous videos, featuring other Antichrist Planned Parenthood officials also contain admissions that the practice of altering abortions is something Antichrist Planned Parenthood is capable of doing, even though it is illegal.
^^^These people all need to be lined up against a wall and shot dead YESterday! From every bastard within the Executive Branch to the lowliest Legislator that dares to remain silent, and especially the Supreme Court bastards. The fact is, they all have committed eternal suicide, and nobody shall be putting them out of their misery at this point, they have already shot themselves in the head. There is no place in Heaven for any of them. This is the terminal generation and the grace period has come to the open door of the prophetic outer court. The end has come, as it was in the days of Noah, so is it now upon this wicked generation.
TIME FOR IT TO BURN AS THE FURNACE IN BABYLON STOKED SEVEN FOLD AND SCORCHED SHALL ALL THOSE THAT OPENED THE DOOR BE THAT CAST THE RIGHTEOUS IN!
The Fall of Babylon the Great
18 After these things I saw another angel coming down from heaven, having great authority, and the earth was illuminated with his glory. 2 And he cried mightily[a] with a loud voice, saying, “Babylon the great is fallen, is fallen, and has become a dwelling place of demons, a prison for every foul spirit, and a cage for every unclean and hated bird! 3 For all the nations have drunk of the wine of the wrath of her fornication, the kings of the earth have committed fornication with her, and the merchants of the earth have become rich through the abundance of her luxury.”
4 And I heard another voice from heaven saying, “Come out of her, my people, lest you share in her sins, and lest you receive of her plagues. 5 For her sins have reached[b] to heaven, and God has remembered her iniquities. 6 Render to her just as she rendered to you,[c] and repay her double according to her works; in the cup which she has mixed, mix double for her. 7 In the measure that she glorified herself and lived luxuriously, in the same measure give her torment and sorrow; for she says in her heart, ‘I sit as queen, and am no widow, and will not see sorrow.’ 8 Therefore her plagues will come in one day—death and mourning and famine. And she will be utterly burned with fire, for strong is the Lord God who judges[d] her.
Unfortunately ”they”, the government employee(s), are currently served by the Antichrist American joke of a country now (at gunpoint), which certainly has lost it’s legal claim(s) as a Constitutional Republic Of ”Law”.
The basic foundation for (the) law in this case is not recognized, served, or protected, and the true and simple basic principle foundation is ”THE HOST OF THE LAW IS REQUIRED IN ORDER FOR THE LAW TO BE SUSTAINING”! WHEN THE HOST IS ABORTED LAWLESSNESS IS THE RULE AND CERTAIN DESTRUCTION AND DEATH IS ASSURED!
Everyone apposed to the Constitution has aborted their life. The current American government has certainly aborted The Constitution and is not currently standing in defense but is actively the prime offender on Earth by measure of lethal force. It is not possible for our Father in Christ to bless America at this point. America stands in contempt of Heaven and is a complete mockery to our Father in Christ. THAT IS A FACT!
MAY THE FIRE OF HEAVEN NOW COME DOWN UPON THIS LAND TODAY!
The Constitution requires a live host. America aborted the salvation of our Father in Christ ”IN IT’S ANTICHRIST IMAGE!” America is in total darkness and has no light but among the Saints of our Father in Christ and we are not offering prayers to save this country at this point. TO THE CONTRARY!
These evil Antichrist ghouls; all of them, from mere supporters to armed law enforcement government employees, they now have absolutely no right to live, none of them. They are now corrupt and remain silent at their post and stand in contempt only as a measure of a man, his name and number, to protect and preserve their own interest, which is now short lived and demanding judgment to fall with certain and utter condemnation, without the possibility of relief, especially by the sustaining law of ”the mercy of our Father in Christ” which they have certainly aborted in this case.
They, these evil Antichrist Planned Parenthood fools, aborted their right to remain alive, along with their political protectors and armed government employees. They are all going to Hell!
It is not tolerable for anyone to claim mercy as a government employee or a supporter of the current enemy Antichrist American government, which is now no different from every pathetic Antichrist country on the face of the Earth. Fortunately all these bastards are going to perish, that is what is going to happen to them right about now, just before they experience the prophetic tribulation and eternal Hell fire. These Hell bound condemned sealed beasts have but a short time left on this Earth. The Tribulation era is about to start and that is a fact. This means these bastards only have less than 4 years as human beings before The Light is taken with the Salt. It does not matter what any of them do at this point, they are lost forever. They have accepted the Antichrist NWO 666 Crypto Fascist Mark Of The Beast and they are sealed and condemned forever. They aborted hope and mercy. Now it’s time for tribulation and their own eternal damnation to fall upon them, along with all nations and tongues given over to The Antichrist Spirit.
What shall fall upon their head?, …as it is written:
After this I heard what sounded like a mighty shout of a great crowd in heaven, exclaiming, Hallelujah (praise the Lord)! Salvation and glory (splendor and majesty) and power (dominion and authority) [belong] to our God!
2 Because His judgments (His condemnation and punishment, His sentences of doom) are true and sound and just and upright. He has judged (convicted, pronounced sentence, and doomed) the great and notorious harlot (idolatress) who corrupted and demoralized and poisoned the earth with her lewdness and adultery (idolatry). And He has avenged (visited on her the penalty for) the blood of His servants at her hand.
3 And again they shouted, Hallelujah (praise the Lord)! The smoke of her [burning] shall continue to ascend forever and ever (through the eternities of the eternities). 4 Then the twenty-four elders [of [a]the heavenly Sanhedrin] and the four living creatures fell prostrate and worshiped [paying divine honors to] God, Who sits on the throne, saying, Amen! Hallelujah (praise the Lord)!
5 Then from the throne there came a voice, saying, Praise our God, all you servants of His, you who reverence Him, both small and great!
6 After that I heard what sounded like the shout of a vast throng, like the boom of many pounding waves, and like the roar of terrific and mighty peals of thunder, exclaiming, Hallelujah (praise the Lord)! For now the Lord our God the Omnipotent (the All-Ruler) reigns!
7 Let us rejoice and shout for joy [exulting and triumphant]! Let us celebrate and ascribe to Him glory and honor, for the marriage of the Lamb [at last] has come, and His bride has prepared herself.
8 She has been permitted to dress in fine (radiant) linen, dazzling and white—for the fine linen is (signifies, represents) the righteousness (the upright, just, and godly living, deeds, and conduct, and right standing with God) of the saints (God’s holy people).
9 Then [the angel] said to me, Write this down: Blessed (happy, [b]to be envied) are those who are summoned (invited, called) to the marriage supper of the Lamb. And he said to me [further], These are the true words (the genuine and exact declarations) of God.
10 Then I fell prostrate at his feet to worship (to pay divine honors) to him, but he [restrained me] and said, Refrain! [You must not do that!] I am [only] another servant with you and your brethren who have [accepted and hold] the testimony borne by Jesus. Worship God! For the substance (essence) of the truth revealed by Jesus is the spirit of all prophecy [the vital breath, the inspiration of all inspired preaching and interpretation of the divine will and purpose, including both mine and yours].
11 After that I saw heaven opened, and behold, a white horse [appeared]! The One Who was riding it is called Faithful (Trustworthy, Loyal, Incorruptible, Steady) and True, and He passes judgment and wages war in righteousness (holiness, justice, and uprightness).
12 His eyes [blaze] like a flame of fire, and on His head are many kingly crowns (diadems); and He has a title (name) inscribed which He alone knows or can understand. 13 He is dressed in a robe dyed by [c]dipping in blood, and the title by which He is called is The Word of God. 14 And the troops of heaven, clothed in fine linen, dazzling and clean, followed Him on white horses.
15 From His mouth goes forth a sharp sword with which He can smite (afflict, strike) the nations; and He will shepherd and control them with a staff (scepter, rod) of iron. He will tread the winepress of the fierceness of the wrath and indignation of God the All-Ruler (the Almighty, the Omnipotent).
16 And on His garment (robe) and on His thigh He has a name (title) inscribed, king of kings and lord of lords.
17 Then I saw a single angel stationed in the sun’s [d]light, and with a mighty voice he shouted to all the birds that fly across the sky, Come, gather yourselves together for the great supper of God,
18 That you may feast on the flesh of rulers, the flesh of generals and captains, the flesh of powerful and mighty men, the flesh of horses and their riders, and the flesh of all humanity, both free and slave, both small and great!
19 Then I saw the beast and the rulers and leaders of the earth with their troops mustered to go into battle and make war against Him Who is mounted on the horse and against His troops.
20 And the beast was seized and overpowered, and with him the false prophet who in his presence had worked wonders and performed miracles by which he led astray those who had accepted or permitted to be placed upon them the stamp (mark) of the beast and those who paid homage and gave divine honors to his statue. Both of them were hurled alive into the fiery lake that burns and blazes with brimstone.
21 And the rest were killed with the sword that issues from the mouth of Him Who is mounted on the horse, and all the birds fed ravenously and glutted themselves with their flesh.
And the seven angels which had the seven trumpets prepared themselves to sound.
7 The first angel sounded, and there followed hail and fire mingled with blood, and they were cast upon the earth: and the third part of trees was burnt up, and all green grass was burnt up.
8 And the second angel sounded, and as it were a great mountain burning with fire was cast into the sea: and the third part of the sea became blood;
9 And the third part of the creatures which were in the sea, and had life, died; and the third part of the ships were destroyed.
10 And the third angel sounded, and there fell a great star from heaven, burning as it were a lamp, and it fell upon the third part of the rivers, and upon the fountains of waters;
11 And the name of the star is called Wormwood: and the third part of the waters became wormwood; and many men died of the waters, because they were made bitter.
12 And the fourth angel sounded, and the third part of the sun was smitten, and the third part of the moon, and the third part of the stars; so as the third part of them was darkened, and the day shone not for a third part of it, and the night likewise.
13 And I beheld, and heard an angel flying through the midst of heaven, saying with a loud voice, Woe, woe, woe, to the inhabiters of the earth by reason of the other voices of the trumpet of the three angels, which are yet to sound!
In case you are not familiar with where the below video of the Old Guard firing blank rounds is, it is in front of the the Joint Chiefs House and the DDIA’s House. Those blank rounds are firing right on target, and one wonders why they are not now live, resulting in that blasphemous 666 obelisk’s destruction and the utter decimation of the whole House filled with the President and his Vice at this point?
Certainly there is no case for the masonic obelisk to remain, as with a government that has sent American soldiers to die in the Antichrist Middle East for absolutely no honorable cause.
The reason why the Old Guard currently stands in contempt, armed with blanks, is because they do not represent honor but contempt. So long as that disgusting earthquake damaged 666 Antichrist obelisk stands, and the Antichrist NWO archeticture remains standing and filled with the Old Guard’s likeness, Our Father in Christ has no cause to favor America or anyone that dares to support the evil Hell bound bastards that accept the mark of the beast. THAT IS A FACT!
Clearly, the power of leadership to drive this country toward the New World Order, leading the rest of the world, lies in FreeMasonry, not in the White House or the Congress. These symbols, built into the physical layout of Government Center in Washington, D.C., represent the extent of that power.
An internal Defense Intelligence Agency (DIA) document produced recently shows that the U.S. knew that the actions of “the 666 West, Antichrist Gulf countries and Antichrist Turkey” in Antichrist Syria might create a Antichrist terrorist group like Antichrist ISIS and an Antichrist Islamic caliphate.
While the powers-that-be have tried to downplay the significance of the document, the former head of the DIA – Lieutenant General Michael Flynn – just confirmed its importance.
By any measure, Flynn was a top-level American military commander. Flynn served as:
The Director of the U.S. Intelligence Agency
The Director of intelligence for Joint Special Operations Command (JSOC), the main military agency responsible for targeting Al-Qaeda and other Islamic terrorists
The Commander of the Joint Functional Component Command for Intelligence, Surveillance and Reconnaissance
The Chair of the Military Intelligence Board
Assistant director of national intelligence
Flynn confirmed the authenticity of the document in a new interview, and said:
[Interviewer] So the administration turned a blind eye to your analysis?
[Flynn] I don’t know that they turned a blind eye, I think it was a decision. I think it was a willful decision.
[Interviewer] A willful decision to support an insurgency that had Antichrist Salafists, Antichrist Al Qaeda and the Antichrist Muslim Brotherhood?
[Flynn] It was a willful decision to do what they’re doing.
U.S. DEFENSE INTELLIGENCE AGENCY HEAD: “IT WAS A WILLFUL DECISION [BY AMERICA] TO” “SUPPORT AN INSURGENCY THAT HAD ANTICHRIST SALAFISTS, ANTICHRIST AL QAEDA AND THE ANTICHRIST MUSLIM BROTHERHOOD” The U.S. knew that the actions of “the 666 West, Antichrist Gulf countries and Antichrist Turkey” in Antichrist Syria might create a Antichrist terrorist group like Antichrist ISIS and an Antichrist Islamic caliphate.
^^^Why do Generals get issued side arms if they never use(d) them (especially and particularly in this case)? When an unlawful order is given, or an obvious domestic threat is at hand, what else would the weapon be for? …just for show. They should all have Pearl Handles now, and rainbow colored holsters with fringe. Worthless, clueless, willful dipshits . You know the dumb bastards can’t possibly believe in our Father in Christ and His prophetic revelation, which means they are all completely compromised, like this dipshit Flynn. Seriously, not ever running across this bastard would save him from a swift kick in the proverbial teeth. The guy would not be able to remain in the room, that is certain. The days of being polite have certainly ended. The soft word spoken is of no affect now. Time for the starry egos to perish forever in the presence of The Saints of our Father in Christ. The fact is, Antichrist Islam is a suicide death cult, arming anyone in the Antichrist Middle East is not an effort made to defend human life, there is no defense for human life in the case of Antichrist Islam.
Everyone that reads and understands the prophetic revelation of our Father in Christ knows that the tribulation is now about to be confirmed. Everything that has transpired so far has just lead up to it. Anyone (can) could have foreseen this, IF THEY JUST TOOK THE TIME TO LOOK WITH BOTH EYES OPEN!
You can’t look at some Antichrist NWO 666 Crypto Fascist Obelisk in the Capitol City Of America all your stinking life, become the head of intelligence and STILL NOT HAVE A CLUE! BUT FLYNN DID IT!
Flynn has ”ONE EYE OPEN” and it’s the ”EYE OF HORUS”. …the dumb SHIT!
But when you see the abomination of desolation mentioned by Daniel the prophet standing where it ought not to be—[and] let the one who reads take notice and consider and understand and heed [this]—then let those who are in Judea flee to the mountains. 15 Let him who is on the housetop not go down into the house nor go inside to take anything out of his house; 16 And let him who is in the field not turn back again to get his mantle (cloak).
17 And alas for those who are pregnant and for those who have nursing babies in those days! 18 Pray that it may not occur in winter, 19 For at that time there will be such affliction (oppression and tribulation) as has not been from the beginning of the creation which God created until this particular time—and [k]positively never will be [again] 20 And unless the Lord had shortened the days, no human being would be saved (rescued); but for the sake of the elect, His chosen ones (those whom He [l]picked out for Himself), He has shortened the days.
21 And then if anyone says to you, See, here is the Christ (the Messiah)! or, Look, there He is! do not believe it.
22 False Christs (Messiahs) and false prophets will arise and show signs and [work] miracles to deceive and lead astray, if possible, even the elect (those God has chosen out for Himself).
23 But look to yourselves and be on your guard; I have told you everything beforehand.
24 But in those days, after [the affliction and oppression and distress of] that tribulation, the sun will be darkened, and the moon will not give its light; 25 And the stars will be falling from the sky, and the powers in the heavens will be shaken. 26 And then they will see the Son of Man coming in clouds with great (kingly) power and glory (majesty and splendor). 27 And then He will send out the angels and will gather together His elect (those He has [m]picked out for Himself) from the four winds, from the farthest bounds of the earth to the farthest bounds of heaven..
Greatest Downside Risks In World History
“As you know, Eric, I’m just looking at the enormous risks that the world faces. Throughout my life, whether it’s been in my corporate life or my experience in the financial markets, I have always tried to fully comprehend the risks and the downside. And right now I see the downside as being greater than it has ever been in world history. That is due to the excesses in the markets and excesses in debt.
This is a new situation for the world because never before has the whole world lived above its means for such a long period. This is true whether we are talking about the East — China and Japan — or whether we are talking about the West, including the U.S., and also the emerging markets, particularly South America, which is really starting to suffer due to plunge in commodities.
So the question is: What is going to be the catalyst? Eric, there is always an unexpected event that is the trigger. This will be the last snowflake that triggers the avalanche. We know emerging markets are collapsing and commodity prices are now at a 13-year low. Iron-ore is down over 70 percent and most commodities are down over 50 percent. And emerging market currencies are at 15-year lows.
The Debt Bubble And Antichrist Communist China’s Plunge Protection Team
It’s also important to note that emerging market debt has doubled in the last 15 years from $25 – $50 trillion. Antichrist Communist China is also suffering with $28 trillion in debt. This has led to bad debts increasing 35 percent in the banking system as the Antichrist Chinese stock market has collapsed.
The Antichrist Communist Chinese version of the Plunge Protection Team has now spent $150 billion on trying to stabilize their stock market. This has not had much effect, but certainly the fall would have been much greater without their intervention. Officially, the Antichrist Communist Chinese have another $150 billion available for intervention in order to manipulate and stabilize their markets. But we know that no country can afford to see their stock market fall.
Eric, we know that both Japan and large parts of Europe are basket cases. They cannot be saved and their debts can never be repaid. Meanwhile, the U.S. has been living above its means for over 50 years and has only survived because the dollar is the reserve currency of the world. The U.S. is seeing falling real incomes and massive budget and trade deficits. The trade deficit is now at an annualized rate of over $700 billion, and consumer credit has doubled since 2008 in the United States.
The FDIC Problem, Bank Failures And A Dollar Collapse
This is why there is no chance of raising rates in the United States. It would be disastrous for the U.S., the emerging markets and the world. Just look at the FDIC. They have only $25 billion in capital and yet they are insuring over $9 trillion. That’s a solvency rate of 0.3 percent. The FDIC will also have to take on a lot more rubbish debt from bank failures in coming years.
So it’s not a question of raising rates because the U.S. and the world couldn’t afford it. But now, as opposed to 2007 – 2008, rates can’t be lowered because rates are already at zero. In 2007 – 2008, short-term rates were at 5 percent. So the Fed certainly has no more weapons in their armory.
When the world realizes that this autumn there will be no rate hike, the dollar will collapse and gold will soar. Stock markets will not rise this time. Instead they will fall because of the state of the world and the fact that they are all in bubble territory.
The Terrifying Dark Years Are About To Begin
We will see major calamities starting in the autumn. It will be the most massive shock to the system and to people. We could also have geopolitical problems. All major countries will send in their Plunge Protection Teams but they will only be able to stop the hemorrhaging for only a brief moment in time. And to support markets as well as the financial system there will be money printing in the tens of billions of dollars initially and even more later.
The bottom line is that I’m looking at the risk and the risk is that this is the scenario that will unfold. This is what investors must prepare for. People should not hold major assets in banks and they should not hold general stocks and bonds because they will lose massive value.
Gold and silver will end their 4-year corrections and finally start rising substantially. Eventually prices will be many multiples of what you see quoted today for gold and silver. But sadly, Eric, I think we are now entering what I wrote about a few years ago, which means that the dark years are about to begin and people need to be prepared for the coming turmoil.”
For all the talk of how the financial world nearly ended in the aftermath of first the Lehman bankruptcy, then the money market freeze, and culminating with the AIG bailout, and how bubble after Fed bubble has made the entire financial system as brittle as the weakest counterparty in the collateral chain of some $100 trillion in shadow liabilities, the truth is that despite all the “macroprudential” planning and preparations, all the world’s credit, housing, stock, and illiquidity bubbles may be nothing when compared to the oldest “glitch” in the book: a simple cascading error which ends up taking down the entire system.
Like what happened in the great quant blow up August 2007
For those who may not recall the specific details of how the “quant crash” nearly wiped out all algo and quant trading hedge funds and strats in a matter of hours if not minutes, leading to tens of billions in capital losses, here is a reminder, and a warning that the official goalseeked crisis narrative “after” the fact is merely there to hide the embarrassment of just how close to total collapse the global financial system is at any given moment.
The following is a true story (courtesy of b3ta) from the archives, going all the way back to 2007:
I.T. is a minefield for expensive mistakes
There’s so many different ways to screw up. The best you can hope for in a support role is to be invisible. If anyone notices your support team at all, you can rest assured it’s because someone has made a mistake. I’ve worked for three major investment banks, but at the first place I witnessed one of the most impressive mistakes I’m ever likely to see in my career. I was part of the sales and trading production support team, but thankfully it wasn’t me who made this grave error of judgement…
(I’ll delve into obnoxious levels of detail here to add color and context if you’re interested. If not, just skip to the next chunk, you impatient git)
This bank had pioneered a process called straight-through processing (STP) which removes the normal manual processes of placement, checking, settling and clearing of trades. Trades done in the global marketplace typically have a 5-day clearing period to allow for all the paperwork and book-keeping to be done. This elaborate system allowed same-day settlement, something never previously possible. The bank had achieved this over a period of six years by developing a computer system with a degree of complexity that rivalled SkyNet. By 2006 it also probably had enough processing power to become self-aware, and the storage requirements were absolutely colossal. It consisted of hundreds of bleeding edge compute-farm blade servers, several £multi-million top-end database servers and the project had over 300 staff just to keep it running. To put that into perspective, the storage for this one system (one of about 500 major trading systems at the bank) represented over 80% of the total storage used within the company. The equivalent of 100 DVD’s worth of raw data entered the databases each day as it handled over a million inter-bank trades, each ranging in value from a few hundred thousand dollars to multi-billion dollar equity deals. This thing was BIG.
You’d think such a critically important and expensive system would run on the finest, fault-tolerant hardware and software. Unfortunately, it had grown somewhat organically over the years, with bits being added here, there and everywhere. There were parts of this system that no-one understood any more, as the original, lazy developers had moved company, emigrated or *died* without documenting their work. I doubt they ever predicted the monster it would eventually become.
A colleague of mine one day decided to perform a change during the day without authorisation, which was foolish, but not uncommon. It was a trivial change to add yet more storage and he’d done it many times before so he was confident about it. The guy was only trying to be helpful to the besieged developers, who were constantly under pressure to keep the wretched thing moving as it got more bloated each day, like an electronic ‘Mr Creosote’.
As my friend applied his change that morning, he triggered a bug in a notoriously crap script responsible for bringing new data disks online. The script had been coded in-house as this saved the bank about £300 per year on licensing fees for the official ‘storage agents’ provided by the vendor. Money that, in hindsight, would perhaps have been better spent instead of pocketed. The homebrew code took one look at the new configuration and immediately spazzed out. This monged scrap of pisspoor geek-scribble had decided the best course of action was to bring down the production end of the system and bring online the disaster recovery (DR) end, which is normal behaviour when it detects a catastrophic ‘failure’. It’s designed to bring up the working side of the setup as quickly as possible. Sadly, what with this system being fully-replicated at both sites (to [cough] ensure seamless recovery), the exact same bug was almost instantly triggered on the DR end, so in under a minute, the hateful script had taken offline the entire system in much the same manner as chucking a spanner into a running engine might stop a car. The databases, as always, were flushing their precious data onto many different disks as this happened, so massive, irreversible data corruption occurred. That was it, the biggest computer system in the bank, maybe even the world, was down.
And it wasn’t coming back up again quickly.
(OK, detail over. Calm down)
At the time this failure occurred there was more than $12 TRILLION of trades at various stages of the settlement process in the system. This represented around 20% of ALL trades on the global stock market, as other banks had started to plug into this behemoth and use its capabilities themselves. If those trades were not settled within the agreed timeframe, the bank would be liable for penalties on each and every one, the resulting fines would eclipse the market capital of the company, and so it would go out of business. Just like that.
My team dropped everything it was doing and spent 4 solid, brutal hours recovering each component of the system in a desperate effort to coax the stubborn silicon back online. After a short time, the head of the European Central Bank (ECB) was on a crisis call with our company CEO, demanding status updates as to why so many trades were failing that day. Allegedly (as we were later told), the volume of financial goodies contained within this beast was so great that failure to clear the trades would have had a significant negative effect on the value of the Euro currency. This one fuckup almost started a global economic crisis on a scale similar to the recent (and ongoing) sub-prime credit crash. With two hours to spare before the ECB would be forced to go public by adjusting the Euro exchange rate to compensate, the system was up and running, but barely. We each manned a critical sub-component and diverted all resources into the clearing engines. The developers set the system to prioritise trades on value. Everything else on those servers was switched off to ensure every available CPU cycle and disk operation could be utilised. It saturated those machines with processing while we watched in silence, unable to influence the outcome at all.
Incredibly, the largest proportion of the high-value transactions had cleared by the close of business deadline, and disaster was averted by the most “wafer-thin” margin. Despite this, the outstanding lower-value trades still cost the bank more than $100m in fines. Amazingly, to this day only a handful of people actually understand the true source of those penalties on the end-of-year shareholder report. Reputation is king in the world of banking and all concerned –including me– were instructed quite explicitly to keep schtum. Naturally, I *can’t* identify the bank in question, but if you’re still curious, gaz me and I’ll point you in the right direction…
Epilogue… The bank stumped up for proper scripts pretty quickly but the poor sap who started this ball of shit rolling was fired in a pompous ceremony of blame the next day, which was rather unfair as it was dodgy coding which had really caused the problem. The company rationale was that every blaze needs a spark to start it, and he was going to be the one they would scapegoat. That was one of the major reasons I chose to leave the company (but not before giving the global head of technology a dressing down at our Christmas party… that’s another QOTW altogether). Even today my errant mate is one of the only people who properly understands most of that preposterous computer system, so he had his job back within six months — but at a higher rate than before
Conclusion: most banks are insane and they never do anything to fix problems until *after* it costs them uber-money. Did I hear you mention length? 100 million dollar bills in fines laid end-to-end is about 9,500 miles long according to Google calculator.
And here is Zero Hedge’s conclusion: the next time you think all those paper reps and warranties to claims on billions if not trillions of assets, are safe and sound in some massively redundant hard disk array, think again.
Never in history have the economic and political structures been so manipulated by those who are responsible for their safekeeping; never has so much been at stake, in so many countries, and facing collapse, all at the same time.
The great majority of people in the First World recognise that the world is passing through an economic crisis. However, most are under the impression that there are some pretty smart fellows running the show and all they need to do is tweak the system a bit more and we’ll return to happy days.
Not so. The “smart fellows” who are in charge of fixing the problem are in fact the very same people who created it.
Understandably, this a hard concept for most people to even consider, let alone accept, as the very idea that those in charge of the system might consciously collapse it seems preposterous. So, we might wish to back up a bit here and present a very brief history of the system itself, in order to understand that the eventual collapse of the economic system was baked in the cake from the very beginning.
Creating a Central Bank
From the very earliest days of the formation of the American republic, bankers (along with inside help from George Washington’s secretary of the Treasury, Alexander Hamilton) sought to create a banking monopoly that would create the country’s currency and become the central banking system.
The first attempt at a central bank was a failure, and strong opponents, including Thomas Jefferson, prevented a second central bank for a time. Later, further attempts were made by bankers and their political cronies, and each central bank was either short-lived or defeated in its planning stages.
Then, in 1913, the heads of the largest banks met clandestinely on Jekyll Island, Georgia, to make another try. Having recently lost yet another bid to create a central bank, due to the public’s understandable concern that the big bankers were already too powerful, a new spin was placed on the idea. This time, they decided to present the idea as a government body that would be decentralised and would have the responsibility of restricting the power of the banks.
However, the new bill was in fact the same old bill, with a new title and some minor changes in wording. But this time, it would be presented by the new president, who was a liberal.
The president, Woodrow Wilson, had in fact been handpicked by the banks. The banks then scuttled their own conservative party’s candidate, got the Democrat Wilson elected, then installed a secretary of the Treasury whose job it would be to ensure that the Federal Reserve was created.
The bill was widely supported by the public, even though, in truth, it was not a federal agency, but a privately owned conglomerate, controlled by the banks. Neither was it a reserve. It was never intended to store money; it was intended to give the biggest bankers control of the economy. They followed the central principle of uber-banker Mayer Rothschild: “Let me issue and control a nation’s money and I care not who writes the laws.”
From the start, the new institution peddled itself as the protector of the people’s interests, but it was quite the opposite. Its purpose from its inception was to control the economy and the government by controlling the issuance of the currency. In addition, it was to be a system of taxation.
Typically, a population accepts a certain amount of direct taxation but has its limits of tolerance. Yet, the bankers understood that a less direct method of taxation was infinitely more profitable and infinitely safer from criticism.
Inflation as a Profit System
Inflation was not always the norm. At one time, prices were relatively static from one generation to the next. But the Federal Reserve touted the idea that “controlled” inflation was in fact necessary for a prosperous economy.
Of course, the greater the debasement of the currency through inflation, the more the central bankers profited. But at some point, the currency would have lost virtually all its value and it would be time for a reset. The currency would need to collapse and a new one created.
And so, the Fed set about its hundred-year programme of continuous inflation. Although there have been periods of lower inflation (and even deflation), the programme stayed more or less on course, and now, its hundred-year life has all but ended: the dollar has been devalued almost 100%.
And so, we find ourselves at the day of reckoning. The economic crisis we are now facing (not only in the US; it will be felt, to a greater or lesser extent, worldwide) is not a mere anomaly that we need to “push past”. It’s a systemic crisis. It’s been created by design and the system must collapse.
Of course, the central banks are in the process of protecting their interests, to make sure that, whilst this will be a major economic calamity, they themselves will continue to profit. The damage will be borne by the general public.
This began in earnest in 1999, with the repeal of the Glass-Steagall Act, allowing banks to create a massive, reckless mortgage spree. It was backed by the government’s “too big to fail” policy that guaranteed that, when the banks predictably became insolvent as a result of the loans, government would bail them out. (And by “government” we mean “the taxpayer”; it was he who picked up the bill for the banks’ recklessness.)
The End Game
The next step in getting ready for the collapse is an all-out effort to confiscate the wealth of the public. This can be seen in the effort to push investors away from solid forms of wealth protection such as gold and silver and into stocks, bonds and bank deposits. More recently, we’ve seen the emergence of an effort to end the use of safe deposit boxes and a push to end the use of paper currency in making transactions.
The end objective is to force as much money as possible into deposits in banks, then take it. The US, EU and a few other countries have passed confiscation legislation, allowing the banks carte blanche to confiscate and/or refuse to release deposits.
Of course a reset of these proportions will not be without its fallout. The public will be horrified at the outcome, at the realisation that the very institutions they thought had been created to protect them had never been intended to serve their interests at all.
Once they realise that the world’s greatest Ponzi scheme has been foisted on them, they will be hopping mad and justifiably so. Those who had not had the foresight to internationalise themselves, to remove themselves as much as possible from the system, will most certainly want to get even in some way.
And this makes clear why governments, particularly that of the US, are working so hard to create a police state. Unless a totalitarian state can be created, those who are presently taking the wealth may not be able to fully realise their objectives.
The coming train wreck is no accident. It has long been planned. That the “smart fellows in charge” will somehow save the day is therefore a vain hope indeed.
It’s still possible to back out of the system, but it’s getting more difficult every day. The window is closing, and the time to internationalise is now.
(MARKET CRASH CALL IS IN/BEFORE YEAR ENDS GERALD CELENTE CONFIRMS CRASH IS GLOBAL)August Heat Of Tribulation In The Prophetic Summer Season Wind Under Confirming Signs In The Sun Moon Stars And Distress Of Nations
The police and surveillance state predicted in the forward-looking 1940s classic “1984” by George Orwell, has slowly, but steadily, come to fruition. However, like a frog sitting idly in a pan of steadily-warming water, too many Americans still seem unaware that the slow boil of big government is killing their constitutional liberties.
The latest sign of this stealth takeover of civil rights and freedom was epitomized in recent Senate testimony by FBI Director James Comey, who voiced his objections to civilian use of encryption to protect personal data – information the government has no automatic right to obtain.
As reported by The New American, Comey testified that he believes the government’s spy and law enforcement agencies should have unfettered access to everything Americans may store or send in electronic format: On computer hard drives, in so-called i-clouds, in email and in text messaging – for our own safety and protection. Like many in government today, Comey believes that national security is more important than constitutional privacy protections or, apparently, due process. After all, aren’t criminals the only ones who really have anything to hide?
In testimony before a hearing of the Senate Judiciary Committee entitled “Going Dark: Encryption, Technology, and the Balance Between Public Safety and Privacy” Comey said that in order to stay one step ahead of terrorists, as well as international and domestic criminals, Uncle Sam’s various spy and law enforcement agencies should have access to available technology used to de-encrypt protected data. Also, he believes the government should be the final arbiter deciding when decryption is necessary.
What could go wrong there?
Government, at all levels, is responsible
During the hearing, TNA reported, technology experts warned the panel that giving the FBI limitless access to the personal electronic data of Americans would open it up to exploitation by “bad actors.” But Comey was having none of that.
“It is clear that governments across the world, including those of our closest allies, recognize the serious public safety risks if criminals can plan and undertake illegal acts without fear of detection,” he told the committee.
“Are we comfortable with technical design decisions that result in barriers to obtaining evidence of a crime?”
So, in essence, Comey – like many before him, especially since the global war on terror was launched – believes that, in the name of national security Americans ought to give up more of their individual and constitutional rights because that’s the only way we can be adequately protected.
Perhaps realizing that his Senate hearing testimony was public, Comey gave the Constitution a passing glance, noting that the government should respect the “requirements and safeguards of the laws” and the country’s founding document. However, as Americans now know, spy agencies during the past two presidential administrations have been tasked increasingly with conducting warrantless, unchecked surveillance of Americans’ electronic data and communications.
But all of this is not on men like Comey and Presidents Antichrist NWO 666 Skull&Bones George W. Bush The 911 Clown and Antichrist NWO 666 Barack Obozo The 911 Homosexual Climate Change Clown. Congress bears its share of responsibility, too.
This is the way it is – shut up and take it
When such activities of the National Security Agency were exposed in 2013 by former NSA contractor Edward Snowden, many in the media and among the American electorate were quick to blame the agency, as if it was somehow acting out of rogue instinct.
The reality is, however, that the agency is tasked to perform its duties– either by statutory law (think the USA Patriot Act) or by presidential directive (think Bush’s order after 9/11 to conduct warrantless surveillance).
“We are not asking to expand the government’s surveillance authority, but rather we are asking to ensure that we can continue to obtain electronic information and evidence pursuant to the legal authority that Congress has provided to us to keep America safe,” Comey said during the Senate hearing.
What does all this mean? It simply means that at every level, government considers its own citizens hostile.
Oh, and there’s nothing we can do about it.
^^^Actually there is a command to do something about it. ALL SAINTS OF OUR FATHER IN CHRIST MUST DIVEST THEIR SUPPORT FOR SUCH A GOVERNMENT UNTIL IT PERISHES!
The fact is, as a presumed enemy of ”the current American government, which stands in total contempt of the spirt of the Constitution …etc, it is the duty of every American to through off this government as it now stand. THAT IS A FACT NOBODY ON THIS EARTH OR IN HEAVEN CAN DENY!
Let it be known, on a purely personal level, there isn’t a government employee who’s life is worth saving at this point. If you stand in uniform, or under the current lawless mandate, you are subject to the mirror image of it, which is, death, at this point. The prayer offer up for you is not for repentance. You, the 666 government employee, have forsaken life, liberty, freedom, and justice for all. You now stand in contempt as a current government employee. The prayer offered up before The Throne of our Father in Christ for you, upon the sealing of the outer court, is this: ”knowledge is complete upon this terminal generation, let us suffer no longer the indignation of fools”.