Greg Palast: Vulture’s Picnic

The older you get the more you realize how often things are connected and how sometimes things that you thought were at opposite ends of the spectrum actually come full circle and intersect. Such is the case here… see side story at the bottom.

Video: Greg Palast "I Do Investigative Reporting! I Don't Think It's Legal Under Patriot Act 4 In The U.S."

Lazy Ouzo-Swilling, Olive-Pit Spitting Greeks
Or, How Goldman Sacked Greece

Here's what we're told:

Greece's economy blew apart because a bunch of olive-spitting, ouzo-guzzling, lazy-ass Greeks refuse to put in a full day's work, retire while they're still teenagers, pocket pensions fit for a pasha; and they've gone on a social-services spending spree using borrowed money. Now that the bill has come due and the Greeks have to pay with higher taxes and cuts in their big fat welfare state, they run riot, screaming in the streets, busting windows and burning banks.

I don't buy it.  I don't buy it because of the document in my hand marked, "RESTRICTED DISTRIBUTION."

I'll cut to the indictment:  Greece is a crime scene.  The people are victims of a fraud, a scam, a hustle and a flim-flam.   And––cover the children's ears when I say this––a bank named Goldman Sachs is holding the smoking gun.

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This is an adaptation of an excerpt from Vultures' Picnic, Greg Palast's new book, out next week, an investigator's pursuit of petroleum pigs, power pirates and high-finance fraudsters. Read the first chapter or just get the book here.

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In 2002, Goldman Sachs secretly bought up €2.3 billion in Greek government debt, converted it all into yen and dollars, then immediately sold it back to Greece.

Goldman took a huge loss on the trade.

Is Goldman that stupid?

Goldman is stupid—like a fox. The deal was a con, with Goldman making up a phony-baloney exchange rate for the transaction.   Why?

Goldman had cut a secret deal with the Greek government in power then.  Their game:  to conceal a massive budget deficit.  Goldman's fake loss was the Greek government's fake gain.

Goldman would get repayment of its “loss” from the government at loan-shark rates.

The point is, through this crazy and costly legerdemain, Greece's right-wing free-market government was able to pretend its deficits never exceeded 3 percent of GDP.

Cool. Fraudulent but cool.

But flim-flam isn’t cheap these days: On top of murderous interest payments, Goldman charged the Greeks over a quarter billion dollars in fees.

When the new Socialist government of George Papandreou came into office, they opened up the books and Goldman's bats flew out.  Investors' went berserk, demanding monster interest rates to lend more money to roll over this debt.

Greece's panicked bondholders rushed to buy insurance against the nation going bankrupt.  The price of the bond-bust insurance, called a credit default swap (or CDS), also shot through the roof.  Who made a big pile selling the CDS insurance?  Goldman.

And those rotting bags of CDS's sold by Goldman and others? Didn't they know they were handing their customers gold-painted turds?

That's Goldman's specialty.  In 2007, at the same time banks were selling suspect CDS's and CDOs (packaged sub-prime mortgage securities), Goldman held a “net short” position against these securities. That is, Goldman was betting their financial "products" would end up in the toilet. Goldman picked up another half a billion dollars on their "net short" scam.

But, instead of cuffing Goldman's CEO Lloyd Blankfein and parading him in a cage through the streets of Athens, we have the victims of the frauds, the Greek people, blamed.  Blamed and soaked for the cost of it.  The "spread" on Greek bonds (the term used for the risk premium paid on Greece's corrupted debt) has now risen to — get ready for this––$14,000 per family per year.

Euro-nation, the secret Geithner memo, and the Ecuador connection

Why did the Greek government throw its nation's fate into Goldman's greasy hands?  What the heck was in the "RESTRICTED" document? And why did I have to take it to Geneva, to throw it down in front of the Director-General of the WTO for authentication, a creepy French banker I otherwise wouldn't bother to spit on, and then tear off to Quito to share it with the grateful President of Ecuador?

To give you all the answers would require me to write a book.  I have:  Vultures' Picnic––in Pursuit of Petroleum Pigs, Power Pirates and High-Finance Fraudsters.

It's really quite important to me that you read it, that you get it now.  That's a funny statement, I suppose, from an author.  But if you've been reading my stories in The Guardian or watching my reports on BBC Newsnight, you've gotten the facts; but I really want to let you inside the investigations, to cross the continents with me and follow down the leads so that you can get a full picture of The Beasts.  The Beasts and their trophy wives, intelligence agency go-fers, political concubines and bone-breakers.  And besides, it's enormous fun when it's not scary as sh*t.

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Here's a taste of Chapter 12 - The Generalissimo of Globalization - from the film-enhanced eBook edition.  [And more on the 1% Greece-ing us, check out the upcoming issue of In These Times.]

VIDEO:  Vultures' Picnic - Chapter 12 - The Generalissimo of Globalization

Note:  I will be in Chicago for In These Times on November 29, part of our 15 city tour that begins this coming Sunday, November 13, in Portland, then moves to San Francisco, LA, San Diego, Denver, Boulder, New Mexico, Albuquerque, Chicago, Madison, New York, DC, Houston, Burlington, and Atlanta. Find out more info here.

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Greg Palast is the author of Vultures' Picnic: In Pursuit of Petroleum Pigs, Power Pirates and High-Finance Carnivores, which will be released on November 14 by Penguin USA.

Greg Palast just wrote Vultures' Picnic

Video:  Vulture's Picnic, 1% Vultures Praying on 99% Greg Palast Interview

Related: 

Video: UKIP Nigel Farage – How dare you tell the Italian and Greek People Wath to do!!!  - Nov 2011

Out of the blue I received information from a friend on Greg Palast’s new book:  Vultures' Picnic 

In 1970 two politically active kids were Presidents of their high school classes in Southern California.  Both went through the next 40+ years of their lives involved in writing, photography and political activism… one a progressive and the other a tea party type.  One is Greg Palast and the other is the writer of this was well as several other blogs, Marion Algier.

Amazing how two people, coming from the same high school with opposite points of view can come full circle and actually find some common ground…  agreeing on fraud, corporate greed, inept and corrupt government, banksters and the list surely goes on, while still disagreeing on so much. And fun to look back!

Poly Class Presidents 1970  - Left:  Greg  and Middle: Marion

By Marion Algier

Ask Marion~  -  h/t to Jean Stoner

The Rothschilds have their Central Banks in almost Every Country now

The Rothschild family is slowly but surely having their Central banks established in every country of this world, giving them incredible amount of wealth and power.

In the year of 2000 there were seven countries without a Rothschild owned Central Bank:

• Afghanistan
• Iraq
• Sudan
• Libya
• Cuba
• North Korea
• Iran

It is not a coincidence that these country, which are listed above were and are still being under attack by the western media, since one of the main reasons these countries have been under attack in the first place is because they do not have a Rothschild owned Central Bank yet. The first step in having a Central Bank establish in a country is to get them to accept an outrageous loans, which puts the country in debt of the Central Bank and under the control of the Rothschilds. If the country does not accept the loan, the leader of this particular country will be assassinated and a Rothschild aligned leader will be put into the position, and if the assassination does not work, the country will be invaded and have a Central Bank established with force all under the name of terrorism.

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Rothschild owned Central Bank:

Central banks are illegally created private banks that are owned by the Rothschild banking family. The family has been around for more than 230 years and has slithered its way into each country on this planet, threatened every world leader and their governments and cabinets with physical and economic death and destruction, and then emplaced their own people in these central banks to control and manage each country’s pocketbook. Worse, the Rothschilds also control the machinations of each government at the macro level, not concerning themselves with the daily vicissitudes of our individual personal lives. Except when we get too far out of line.

More about Central Banks

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The only countries left in 2003 without a Central Bank owned by the Rothschild Family were:

• Sudan
• Libya
• Cuba
• North Korea
• Iran

The Attacks of September 11th were an inside job to invade Afghanistan and Iraq to then establish a Central Bank in those countries.

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The only countries left in 2011 without a Central Bank owned by the Rothschild Family are:

• Cuba
• North Korea
• Iran

After the instigated protests and riots in the Arab countries the Rothschild finally paved their way into establishing Central Banks, and getting rid of many leaders, which put them into more power.

The Rothschilds are “the” Banksters. If the OWS protest was a real grassroots movement with the focused goal of ridding the world of evil and corporate greed instead of just being lost sheep controlled by the Progressive left (many of whom are Bilderbergers and members of groups like the CFR, The Trilateral Commission, the Illuminati etc (including people like the Royals of Europe, George Soros, Bill and Melinda Gates, the Clintons along with most heads of state and presidents… all related to the Rothschilds and their tentacles in one way or another, this is whose homes and banks they’d be at.  And a lot of those Hollywood types… connected as well.  Obama’s friend Oprah has been spotted at a Bilderberg event to two!!

Source: Flip the Pyramid - h/t to Jean Stoner

Related:

Video: Media Collusion With Bilderberg Group Confirms Hidden Agenda – Gerard Barren MEP

Slavery or Freedom

Naming Names…

The Last Stand…

Ask Marion~

Occupy Wall Street: A Globalist Op Designed to Destroy Efforts to End the Fed

“The initial call for the protest was put out by the magazine Adbusters.”

snip:

Like many so-called leftist non-profits, Adbusters is a creature of globalist foundations. According to research conducted by Activistcash.com, Adbusters takes money from a number of supposedly progressive foundations, including the big Kahuna of leftish foundations – the Tides Foundation and Tides Center. Between 1996 and 2003, Tides doled out $334,217.00 to Adbusters, by far the largest amount of eight foundations donating.

Occupy Wall Street: A Globalist Op Designed to Destroy Efforts to End the Fed

A couple days after the initial launch of the Occupy Wall Street protests, Infowars.com received an email taking us to task for attributing the movement to Anonymous, the activist hacker group.

How can a movement originated and funded by globalists end the globalist scheme to enslave the world?

“There is one major inaccuracy in all the coverage that has been bothering me, and that is the focus on Anonymous as the architects and organizers of the event,” an email received September 23 states. “The initial call for the protest was put out by the magazine Adbusters.”

The person, who shall remain nameless at this point – since I have not gained his permission to quote the private email he sent to me – is not merely a bystander or an outsider making an observation. He claims to be intimately connected to the movement through the General Assembly of New York, described as the central planning and organizing committee for the protest. His Facebook page reveals he is indeed connected to Occupy Wall Street.

The Adbusters Media Foundation describes itself as a non-profit “anti-consumerist” organization that functions as "a global network of artists, activists, writers, pranksters, students, educators and entrepreneurs who want to advance the new social activist movement of the information age."

Like many so-called leftist non-profits, Adbusters is a creature of globalist foundations. According to research conducted by Activistcash.com, Adbusters takes money from a number of supposedly progressive foundations, including the big Kahuna of leftish foundations – the Tides Foundation and Tides Center. Between 1996 and 2003, Tides doled out $334,217.00 to Adbusters, by far the largest amount of eight foundations donating.

Steve Baldwin claims Tides received over $7 million from George Soros. Although the monetary connection between Tides’ founder Drummond Pike and the arch globalist Soros is somewhat murky, researcher Ron Arnold has mapped out numerous connections between the two so-called philanthropists. Under IRS rules, Drummond is not obliged to reveal who he receives money from to fund a large number of supposedly progressive organizations.

“The Tides Foundation is a pass-through for other foundations’ money,” writes Arnold. “Tides Foundation is a public charity, not a private foundation. Tides Foundation passes other foundations’ money to a spectrum of left-wing organizations which the original donors would not or could not support on their own… Because none of the more than 260 projects under the Tides umbrella files its own Form 990 with the IRS, their finances are totally secret and not available for public inspection, an issue that requires congressional remedy.”

The Dj Osiris blog adds further detail: “It would seem George Soros is connected to the U.S. Day of Rage aka Occupy Wall Street through The Ruckus Society. On the U.S. Day of Rage website. The Ruckus Society receives funding from the Tides Foundation and George Soros’ Open Society Institute provides grants to Tides, including a mere $4.2 Million in 2008, the last year figures are available.”

As the filmmaker Michael Moore admitted to We Are Change activist and journalist Luke Rudkowski last week, the goal of the movement funded in large part with globalist lucre is to attack and dismantle capitalism. Moore discounted out of hand any effort to end the Federal Reserve and return the nation to sound and honest money controlled by the American people, not a cartel of bankers and oligarchs from the financial class, including George Soros.

Instead of addressing issues that will solve the serious social and political problems created by fractional reserve banking and other scams run by the ruling elite, the Soros lubricated anti-capitalist movement will steer popular outrage and political reaction into fireproof channels that can be controlled by globalist forces behind the curtain.

On the so-called right side of the political spectrum, a similar operation was carried out against the Libertarian Tea Party movement, now largely a cheering section and amen choir for the establishment Republican Party that is dominated by neocon personalities such as Sarah Palin, Michele Bachmann, and the political cameleon and former Gore operative Rick Perry.

The Occupy Wall Street movement, funded by globalist foundations – and increasingly receiving sympathetic coverage by the corporate media, at least its “liberal” wing – is now describing itself as a gathering of “descamisados” (impoverished, landless) arrayed against the “estancieros” (land owners), a class warfare reference made popular in Argentina.

In reality, it is another consolidation of wealth program designed by the elite. Warren Buffet may take to the pages of the New York Times and call for taxing the “rich,” but what he is advocating is in essence a wealth consolidation program.

The ruling elite, their banks and transnational corporations do not pay taxes, the little people do, as Leona Helmsely arrogantly noted. Increasing taxes on the “1 percent,” as the movement demands, to save the “99 percent,” will result in a further erosion of the middle class, as the elite know.

“The higher taxes may very well cause the smaller businesses to go out of business,” notes the Collateral Damage blog. “They won’t have the economies of scale to compete with the bigger corporations, so what ends up happening is that the small business assets eventually get sold to the big corporations, usually for a fraction of what the assets are worth. So in effect, it ends up being a wealth transfer from the middle class to the super elite rich.”

If we look beyond the facile socialist rhetoric and examine who is funding and essentially running the Occupy Wall Street movement – the “liberal” foundations with the same globalist goal as their supposed ideological enemies on the so-called right (who defused the real Tea Party movement) – we realize that the movement is essentially another effort to colonize political opposition and render it ineffective and politically impotent.

The real movement, and the one posing a serious threat to the “1 percent,” the global elite, is calling for an end to the Federal Reserve, a return to the core principles of our once proud constitutional republic, and sound, honest money not controlled by the elite and the financial sector now tasked with taking down the economy and reducing America to a third-world wasteland.

Related:

“This Is Revolution Not Reform” – Occupy Wall Street Organizer to ‘Excited’ Al Sharpton:  We Are Anarchists and Revolutionaries, ‘This is the Beginning of a Revolution in this Country!”

h/t to Jean Stoner~

4 Old Cartoons Explain The World

By voxOnox, on August 4th, 2011

1. The Bankers/Wall Street own the False Left Right Paradigm:

2. The Tyranny of and by the False Left Right Paradigm funnels substantially ALL tax revenue to the Bankers/Wall Street:

3. The Tyranny of and by the False Left Right Paradigm incurs incredible amounts of deficits to enslave future generations to pay interest to the Bankers/Wall Street; under the guise of funding basic (unnecessary) bureaucratic services:

4. The sum total is you are a debt/tax slave to the Rothschilds:

Rothschild behind China's purchase of foreign firms

Who Made Nearly a $1 Billion Bet on U.S. Debt Downgrade?

Drunken Ben Bernanke Tells Everyone At Neighborhood Bar How Screwed U.S. Economy Really Is

Bit of a language alert…

The intoxicated Federal Reserve chairman informs bar patrons of the dangers of reckless spending.

SEWARD, NE — Claiming he wasn't afraid to let everyone in attendance know about "the real mess we're in," Federal Reserve chairman Ben Bernanke reportedly got drunk Tuesday and told everyone at Elwood's Corner Tavern about how absolutely ‘fucked’ the U.S. economy actually is.

Bernanke, who sources confirmed was "totally sloshed," arrived at the drinking establishment at approximately 5:30 p.m., ensconced himself upon a bar stool, and consumed several bottles of Miller High Life and a half-dozen shots of whiskey while loudly proclaiming to any patron who would listen that the economic outlook was "pretty goddamned awful if you want the God's honest truth."

"Look, they don't want anyone except for the Washington, D.C. bigwigs to know how bad shit really is," said Bernanke, slurring his words as he spoke. "Mounting debt exacerbated—and not relieved—by unchecked consumption, spiraling interest rates, and the grim realities of an inevitable worldwide energy crisis are projected to leave our entire economy in the shitter for, like, a generation, man, I'm telling you."

A drunken Bernanke attempts to find the Aerosmith song "Back In The Saddle" on the bar jukebox.

"And hell, as long as we're being honest, I might as well tell you that a truer estimate of the U.S. unemployment rate is actually up around 16 percent, with a 0.7 percent annual rate of economic growth if we're lucky—if we're lucky," continued Bernanke, nearly knocking a full beer over while gesturing with his hands. "Of course, if everybody knew that, it would likely cripple financial markets across the entire fucking globe, even in various emerging economies with self- sustaining growth."

After launching into an extended 45-minute diatribe about shortsighted moves by "those bastards in Congress" that could potentially exacerbate the nation's already deeply troublesome budget imbalance, the Federal Reserve chairman reportedly bought a round of tequila shots for two customers he had just met who were seated on either side of him, announcing, "I love these guys."

Numerous bar patrons slowly nodded in agreement as Bernanke went on to suggest the United States could pass three or four more stimulus packages and "it wouldn't even matter."

"You think that's going to create long-term economic growth, let alone promote job creation?" Bernanke said. "We're way beyond that, my friend. There are no jobs, okay? There's nothing. I think that calls for another drink, don't you?"

While using beer bottles and pretzel sticks in an attempt to explain to the bartender the importance of infusing $650 billion into the bond market, the inebriated Fed chairman nearly fell off his stool and had to be held up by the patron sitting next to him.

Another bar-goer confirmed Bernanke stood about 2 inches from her face and sprayed her with saliva, claiming inflation was going to "totally screw" consumer confidence and then asking if he could bum a smoke.

"Sure, we could hold down long-term interest rates and pursue a program of quantitative easing, but c'mon, we all know that's not going to make the slightest bit of difference when it comes to output, demand, or employment," Bernanke said before being told to "try to keep [his] voice down" by the bartender. "And trust me, with the value of the U.S. dollar in the toilet, import costs going through the roof, and numerous world governments unprepared for their own substantial debt burdens, shit's not looking too good for us abroad, either."

"God, I'm so wasted," added Bernanke, resting his head on the bar.

Later in the evening, Richard Kampman, a truck driver who was laid off in 2010, said Bernanke approached him in the men's restroom and attempted to strike up a conversation about various factors contributing to the current financial crisis.

"He stumbled up to the urinal and started mumbling on about the depressed housing sector or something," said Kampman, who claimed Bernanke had to use both hands on the wall to steady himself. "Then after a while he just sort of stopped and I couldn't tell if he was laughing or crying."

"Then he puked all over the sink and the mirror," Kampman added.

Customers at the bar told reporters the "shitfaced" and disruptive Bernanke refused to pay for his drinks with U.S. currency, claiming it was "worthless." Witnesses also confirmed that near the end of the evening, Bernanke put money into the jukebox and selected Dire Straits' "Money For Nothing" to play five times in a row.

"This is what it's all about," said Bernanke, who reportedly danced alone in the middle of the dark tavern. "Fucking love this song."

Source:  The Onion  -  AUGUST 3, 2011 | ISSUE 47•31

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Scenes from Obamaville's Malaise

Videos:

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We're Losing 200 Million Dollars A WEEK! With The FFA Shutdown - August 03, 2011 CNBC

Massive Hacking Attack Hits U.S. & U.N. Speculation That China Is Involved - August 03, 2011 CNN

"There's No Reason To Blame Us! THEY'RE CRAZY!" Senator Hatch - August 03, 2011 CNN

Are Sarah Palin & Donald Trump The Answer To The Country's Problems? - August 03, 2011 CNN

Debt Crisis, Ron Paul, The Fed and the IMF

Video:  Ron Paul "If We Don't Become OUTRAGED What Will They Do Next!"

Max Keiser

Italy’s 2,400 tons of gold is the Real Target of the banking cabal and ‘IMF terrorists’

Video also on the page below

The Coming Insurrection - A Final Warning to Governments around the World

Excerpt:

‘The world’s monetary systems are crashing and as a direct result economies all over the world are collapsing in tandem, at break neck speed with absolutely no sign or possibility of abating. We have reached the point of no return, that not even the most extreme plan of “fiscal responsibility” advanced by our so-called elected officials can reverse.

Our corrupted democracies will not save our monetary systems because politicians can compromise but the laws of gravity cannot. What goes up must eventually come down.’

Rep and GOP Presidential Candidate Ron Paul says it is time to get outraged and stand up!!

RON PAUL RELEASES FIRST TV AD — AND IT’S EPIC

AUSTIN, Texas (AP) — Republican presidential hopeful Ron Paul is using his first campaign television ad to promote his opposition to a compromise on raising the federal debt ceiling.

In the ad, the Texas congressman criticizes both Republicans and Democrats for striking deals in the past, and notes that he always has voted against raising the federal limit on borrowing.

Video: Ron Paul Ad  - Conviction

It‘s an important issue to conservatives who make up the Republican Party’s base.

The ad is set to air in early primary voting states.

Paul is running for the Republican nomination for a second time. He also ran for president as a Libertarian in 1988. Reducing the federal budget and the national debt have always been his key issues

Related:

Obama Walks Out of Debt Talks – Demands Higher Tax Hikes

UN Reveals Its Master Plan for Destruction of Global Economy

The Biggest Bank in France Has Suddenly Cut ATM Card Access to Cash in Half and People are Freaking Out!

http://www.jovanovic.com/blog.htm I just got off the phone with Pierre Jananovic . . . La Banque Postale has lowered the limits on the amounts of cash customers can withdraw per week by 50%. First of all, for you Americans and Brits, the way France works its banking system – customers are limited to how much they can withdraw per week from their accts no matter what the balance. Now what has happened here is that Gold card members – who could take out 3,000 euros a week – are now limited to 1,500 a week. This was sudden, without warning, and people here in France are freaking out. Pierre tells me that its the first clear sign that liquidity in the European banking system is drying up. http://maxkeiser.com/2011/06/07/the-biggest-bank-in-france-has-atm-card-access-to-cash-in-half/ If you remember we warned about this happening  here in the U.S. (sometimes it really stinks to be right!) (Reprint below) And is it a coincidence that this is happening just as the big Bilderberg conference in St. Moritz is closing?    Is An ATM Cash Shortage Coming? Submitted by Tyler Durden on 11/08/2010 11:35 -0500 Image: Betsy Fletcher While we have no way to confirm or refute the validity of this statement presented by a supposed ATM business insider on Steve Quayle.com, it does bring up an interesting point regarding how banks may be conserving "petty cash." Of course, if this perspective is true, it validates concerns about bank capitalization, and explains the reason why the FDIC recently expanded insurance on checking accounts from $250,000 to infinity in an attempt to get Americans to put their money in their friendly neighborhood bank. Of course, that this contradicts everything that the Fed Chairman is trying to do by getting Americans to spend (or buy Netflix at a 1,000 P/E) instead of putting the money in the bank, is precisely the reason why Sheila Bair's relationship with Geithner and Bernanke is, shall we say, tenuous. From Steve Quayle (who may or may not have properly attributed the original article on Urban Survival). "George, I work with a business partner in the [region redacted] . We have combined between us 180 ATM machines that we service, Cash Load. In order to do this we NEED to order the money, 20's only from several banks on a weekly basis. This is a considerable amount weekly, 380k plus. Here is the interesting piece that is developing: In the past several weeks 4 of the MAJOR banks have informed us that they can no longer provide us with the cash for our business. Now the problem is that it is OUR money we are taking out! So speaking with bank "personnel" on the side my question was this, what is going on? how come we cannot take OUR money out? Answer: "they" are not authorized to hold, carry or have on hand anymore more than a certain amount of cash on hand! The amount we are getting, even though it is out of our account, they cannot order or have on hand that amount of cash at any time now. I am not talking small banks...large banks [large money center bank in America name redacted] etc...! We can see our ability to keep these machines with available cash is becoming more and more difficult. This has taken place just in the past few weeks. By the way, these banks were willing to lose our full business due to this issue. Trying to work with smaller banks now...we will see how long!" h/t Kyle Ben Bernanke Federal Deposit Insurance Corporation ATMs Crash Across The Country After “Bank Holiday” Warning Paul Joseph Watson -  Infowars.com - November 8, 2010 Following rumors of a “bank holiday” that could limit or prevent altogether cash withdrawals later this week, Twitter and other Internet forums were raging yesterday about numerous ATMs across the country that crashed in the early hours of Sunday morning, preventing customers from performing basic transactions. It’s unknown whether the crashes were partly a result of a surge of people trying to withdraw their money in preparation for any feared bank shutdown, or if mere technical glitches were to blame. The fact that the problem affected numerous different banks in different parts of the U.S. would seem to indicate the former. The Orange County Register reported that the problems were “part of a national outage” which prevented people from performing simple transactions such as cashing checks and withdrawing money. “Computer issues” were blamed for similar issues in Phoenix Arizona, while in Birmingham Alabama, Wells Fargo customers’ online banking accounts and ATMs displayed incorrect balances. The banks primarily affected were Wells Fargo, Chase and Bank of America, but according to blogger Phil Brennan, who studied Twitter feeds and other Internet message boards that were alight with the story, numerous other financial institutions were also affected, including US Bank, Compass, USAA, Suntrust, Fairwinds Credit Union, American Express, BB&T on the East Coast and PNC. “Twitter is going crazy with reports of ATMs and online accounts going down as of 01:00 hours EST of the 7th of November 2010,” writes Brennan. “This is happening to many banks all across America. Some are trying to say that it is a computer glitch to do with the change in Daylight Savings Time, but I will call BS on this as we manage to put our clocks back over here in the UK without knocking out ATMs and online accounts nationally.” Brennan questions whether the outages were the first warning shots in a move to “devalue the dollar,” just days after Federal Reserve chairman Ben Bernanke sparked an international currency war by announcing that the Fed will buy $600 billion of U.S. government bonds over the next eight months. Any perceived inability of banks to deal with a sudden demand for cash would undoubtedly place in peril the United States’ triple A credit rating and spark a fresh dollar crisis. “In the light of what is going on geopolitically, I am still very suspicious about the reasons for this mass downtime of ATMs and Online Accounts, adds Brennan. “There is still a very distinct possibility that November the 11th will turn into an extended Bank Holiday so I would advise all those who can get their money out of their banks to do so, even if you have to pay your upcoming bills manually.” As we reported last week, the “bank holiday” rumor has reared its ugly head once again, after a story emerged that a pastor was told by one of the managers of a prominent east coast bank that banks would close for an undetermined amount of time, and that when they reopened, “all withdrawals by checks would be limited to $500 per week – no matter what the balance in the account is.” Though the story is still an unconfirmed rumor, banks have been preparing for limiting withdrawals. As we reported back in February, Citigroup sent an advisory to its customers at the start of the year which stated that the bank reserved “the right to require (7) days advance notice before permitting a withdrawal from all checking accounts.” The advisory stoked fears that financial institutions were preparing for bank runs. Fresh food that lasts from eFoods Direct (Ad) While we still think this new bank holiday rumor will subside as the previous two did earlier this year and last, in the current economic climate it would be foolish not to keep at least a small amount of your savings in physical cash. The current financial turmoil has been likened with the post 1929 period, during which newly elected Franklin Roosevelt declared a “bank holiday” that lasted four days, therefore such a scenario is not without historical precedent. — Paul Joseph Watson is the editor and writer for Prison Planet.com. He is the author of Order Out Of Chaos. Watson is also a fill-in host for The Alex Jones Show. Watson has been interviewed by many publications and radio shows, including Vanity Fair and Coast to Coast AM, America’s most listened to late night talk show.

More on Bilderberg Week Including Agenda 21 Updates…

UPDATED TOPICS: 6-10-2011 Bilderberg Meeting:  Comet Elenin (or ELEnin Brown Dwarf Star), Solar Flares, Earthquakes, Tornadoes, Underground Cities.

Coincidentally???: (Video) NASA Emails ALL Employees Today to PREPARE! June 10, 2011 - The word on alternative media is that the Brown Dwarf is coming and its affects will be evident by July 7th.
It doesn't mean it will hit earth on July 7th - it means that everyone will know from the events happening that this could be coming.
So if nothing happens by July 7 - we are out of the woods on this one.

Aaron Dykes  -  Infowars.com  -  June 10, 2011

--> BREAKING: Bilderberg 2011 Attendees List  <--

As Alex Jones has said the more light you shine on these people and this event, the more there is hope - Video: The Fall of Bilderberg:  The People Strike Back  There are many significant names and former attendees missing from the list this year.  To name a few that are missing that have been spotted there before:

Bill or Melinda Gates (they never attend together), the Clintons, Oprah Winfrey, Tony Blair, Katie Couric, Eric Schmidt, CEO of Google,  George H.W. Bush, John Kerry, John Edwards, Paul Wolfowitz,  Rick Perry (Governor of Texas),  Alan Greenspan,  Michael Bloomberg, Donald Rumsfeld, Rupert Murdoch, George Soros… any many more~

A few noteable biggies attending:  Kissinger, Henry A., Chairman, Kissinger Associates, Inc., Rubin, Robert E., Co-Chairman, Council on Foreign Relations; Former Secretary of the Treasury, Rockefeller, David, Former Chairman, Chase Manhattan Bank, Hughes, Chris R., Co-founder, Facebook, Bezos, Jeff, Founder and CEO, Amazon.com, Orszag, Peter R., Vice Chairman, Citigroup Global Markets, Inc., and the list of elites, dignitaries, politicians, world royalty and power brokers goes on… See full list attending this year above~

The Bilderberg Group

Bilderberg Behind Rick Perry 2012 Run

Texas Governor Rick Perry is dipping his toes into the 2012 presidential race, coincidentally, as the Bilderberg conference convenes in St. Moritz, Switzerland. Bilderberg, notorious kingmakers in the U.S. and Europe, tapped Perry in 2007, inviting him to the conference meeting in Istanbul and presumably vetting him for higher office. Has his moment now arrived?

With a GOP primary field weak in viable-but-malleable globalist candidates, Perry may well prove to be a rising star. Current U.S. media is buzzing with speculation of his imminent entry. Bilderberg have long worked to own both horses in each cycle of U.S. presidential races. Bill Clinton, an obscure governor when he attended Bilderberg in 1991 before his 1992 presidential run, is a prime example of a candidate selected and run by Bilderberg. Bilderberg is also responsible for selecting British Prime Ministers Tony Blair and David Cameron.

Gov. Rick Perry has been building his credentials as a pseudo-Tea Party leader and supposed proponent of succession, so he may prove to be a marketable product to the grassroots populists rebelling against the establishment GOP. In reality, of course, he is another pawn. His own rise in politics in the mid-80s came at the hands of one Karl Rove, known alternately as “Bush’s Brain,” who convinced Perry to flip from Democrat to Republican. Perry became George W. Bush’s Lt. Governor, rising to Governor once Bush the Younger gained the White House in 2000. He is now the longest serving governor in office.

Weeks ago, Perry’s office discussed the possibility of his entering the GOP primary at the end of the Texas legislative session. Now fresh rumors about his entering the race coincide with the end of the regular session. His speculative run is buoyed by the news that his top political aide David Carney has just quit the Gingrich campaign, which has fallen flat. Carney and related aides are considered key to Perry’s campaign viability. CBS News writes that Perry is “serious” about a run, but “There was no way Perry would run for president without his top political consultant, Dave Carney… Unfortunately for Perry, both of those guys were working on Gingrich 2012… Now, Gingrich’s entire team has up and quit. And all of a sudden Carney/Johnson are available. And Rick Perry is for real.”

The June 9-12 conference is well-timed for Bilderberg’s influence in the GOP primary, with potential voters still undecided and no clear frontrunner yet established.

Veteran Bilderberg sleuth Jim Tucker wrote last week about Perry’s likely entry into the 2012 field, pointing out that he may be Bilderberg’s “Ace in the Hole” as backlash against typical GOP candidates has given little promise for other establishment candidates. Tucker writes:

Perry has repeatedly denied that he is running for president, but several campaigns have been put forth to draft the three term Texas governor. In addition, Perry keeps pushing himself as a Bilderberg wild card. At Republican events, he has described the type of nominee the GOP needs (like himself) without naming himself.

Bilderberg, true to form, wants the U.S. recession to continue throughout 2012 and for oil prices to remain high and increase further. This could make Obama a one-term president. But at this point it appears Bilderberg’s “other horse” is headed for the stable, to be groomed as their ace in the hole.

Tucker identified Perry as a likely presidential contender back in 2007. President Barack Obama reportedly attended Bilderberg in Chantilly, Virginia in 2008, alongside Hillary Clinton, whom he had just dominated in the primary. Undoubtedly, he gained approval and backing during their shadowy meeting. Bilderberg regular James A. Johnson admittedly led the search for Obama’s running mate in 2008, vetting potential VPs.

Perry could now prove to be a strong challenger to Obama in 2012.

Our BIlderberg 2011 coverage is sponsored by Midas Resources, the trusted name in precious metals. Visit them at http://www.midasresources.com/

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Doomsday? China claims U.S. already in default

The faces of stock traders tell the story that big trouble is brewing.

(Photo by Scott Olson/Getty Images

As a means of stirring up political opposition to the intention of Congressional conservatives to refuse to raise the debt ceiling, the Obama Administration, Congressional Democrats, and liberals in general have warned that if we do not raise the debt limit the U.S. will 'default on its obligations to its lenders.' Apparently that warning was highly misplaced. One of America's largest creditor nations, China, is claiming today that the U.S. is already defaulting on its loans. Is this the doomsday many have warned about for at least 3 years?

The Obama Administration has pursued a policy of deliberately devaluing the dollar and spending the nation into oblivion with money that is borrowed. Many astute political observers, including this writer, have warned incessantly that such a policy would ultimately lead to economic collapse. The more the Administration spends borrowed money without restraint, the more likely it is that the nation will default, given that it has no money to pay its creditors and its creditors are becoming more convinced by the day that they cannot lend America any more money.

Without the luxury of continuing to borrow money, the vast majority of America's obligations to senior adults and the disabled poor will go unfunded. This will lead to widespread suffering on a scale never before experienced in the United States of America.

Not surprisingly, the stock market plunged again today in response to such news, dipping below 12,000 for the first time in months. Today's plunge represents the worst sustained decline in stocks since 2002, just after the 9/11 attacks.

What does this mean for the average citizen on the street?

t means inflation will necessarily skyrocket. This has already happened in the food and energy sectors, but the government conveniently does not count these two items in its inflation numbers. Further, look for food shortages, energy shortages, and continued skyrocketing costs. Electricity rates will be raised to historic levels, in keeping with a statement Obama made in 2007, "Under my plan, energy costs will necessarily skyrocket."

The nation can also look for civil unrest as citizens grow increasingly outraged that their government has deliberately pursued policies that have brought the nation to the brink of ruin. Even James Carville, former Bill Clinton advisor, confirmed that such a scenario is not mere speculation or fear-mongering but a distinct possibility.

What can the government do to reverse this march into the abyss? Stop spending money. Cut the budget drastically. Don't borrow any more money. The government must live off of only what it takes in from the citizens in the current tax structure. And taxes must not be raised in any shape, form, or fashion. That would merely throw dirt on the grave.

In addition, the nation must lower the tax rate for business, making this country the most business-friendly nation on earth. Only the private sector can get the economy moving again, and a friendly and non-oppressive tax structure would do the trick in getting businesses to invest and hire workers.

Be sure to catch my blog at The Liberty Sphere. Visit my ministry site at Martin Christian Ministries.

Source: Examiner.com

• China ratings house says US defaulting: report

 

German Rating Agency Feri Downgrades US Government Bonds: AAA to AA!

The first Western downgrade of US government bonds is a fact! The German credit rating agency Feri lowered its rating on US debt by a full notch, from AAA to AA.

Here is the German press release: Feri Downgrades US Gov Debt AAA to AA

The English translation:

Homburg, 8 June 2011 - The Bad Homburg Feri EuroRating & Research AG downgraded the first credit rating agency's credit rating for the United States from AAA to AA. Feri analysts justify the downgrade by the continuing deterioration of the creditworthiness of the country due to high public debt, inadequate fiscal measures, and weaker growth prospects.

"The U.S. government has fought the effects of the financial market crisis primarily by an increase in government debt. We do not see that there is sufficient attention being paid to other measures, "said Dr. Tobias Schmidt, CEO of Feri Rating & Research AG. "Our rating system shows a deterioration in economic health, so the downgrading of the credit ratings of U.S. is warranted."

For the third consecutive year the deficit of the United States is in double digit percentages relative to gross domestic product (GDP). "Deficits of such magnitude are not a sustainable fiscal policy. We would reconsider the rating when the U.S. government creates a long-term sustainable budget," said Schmidt.

Feri Rating is listed on the Federal Financial Supervisory Authority (BaFin) as an EU credit rating agency approved and created with more than 20 years experience in sovereign ratings. Every month, the Feri analysts evaluate sovereign credit ratings from the perspective of a foreign investor based on the ability and willingness of countries to repay their debts. The credit ratings have eleven possible gradations between "AAA" (best credit) and "Default".

Obama's Jobs Plan Takes a Page From Marx

By Investor's Business Daily

Politics: The president has unveiled a plan to cut joblessness with an industrial policy from the 19th century. In this "new" economy, government will pick winners and losers for industry. It didn't work then, it won't work now.

Taking a cue from classical Marxist theory as well as vintage union organizing doctrine, both discounting the value of service work over manufacturing, we now see President Obama touting training for factory jobs over all others, pushing government spending in that area and calling it a jobs recovery plan.

"I see a future where we train workers who make things here in the United States, and continue a important and honorable tradition of folks working with their hands, creating value, not just shuffling paper," he said Wednesday at Northern Virginia Community College, urging students to pack up and go to ... Detroit.

As he announced his public-private "Skills for America" partnership to train and credential 500,000 students for jobs in industries favored by the Obama administration, it bears looking at how at odds this approach is to both history and economic reality.

"We know it means building the infrastructure, the roads and bridges, and manufacturing new products here ... that create good jobs," Obama said. "Above all, it means training and educating our citizens to out-compete workers from other countries."

The Bill Moyers crowd has been touting manufacturing-era nostalgia for years, claiming the world would go back on its axis if America could just shut its market and put everyone back into blue collars, turning gears and listening for the lunch whistle.

Fact is, the more advanced the economy, the greater percentage of the work force that moves out of manufacturing and into services.

Economists call this the "tertiary progression" of development - from farming and fishing, to the Industrial Revolution, to an advanced service economy. Every rich nation has followed this path - every one.

In the U.S., that move started not last decade but more than 70 years ago. In the U.S. there are six times more service workers than factory workers, boasting higher skills and per capita income. U.S. trade data consistently show U.S. surpluses in service exports across the board because that's America's competitive advantage.

Now the president wants us to "give back" all that white collar development and return to a simpler sort of economy premised on manufacturing - one that's more characteristic of today's China or Peru than a developed economy such as America.

Amazingly, he wants this even though he admits state-directed industrial policy has failed. "We've got a lot of programs out there," he said. "If a program does not work in training people for the jobs of the future and getting them a job, we should eliminate that program."

Which defies belief when one recalls he's holding up job-creating free-trade treaties with Colombia, Panama and South Korea for just such a useless training program called "Trade Adjustment Assistance," or TAA.

That program is so bad a 2008 American University study by Kara Reynolds and John Palatucci declared it "of dubious value in terms of helping displaced workers find new, well-paying employment opportunities." Obama is holding up a proven way to create jobs - trade deals - to expand TAA from $2 billion to $7 billion.

It's as if all the economic knowledge acquired in the course of the 20th century never made it to the Obama White House. Obama wants to pick industrial winners while the economy languishes from high taxes, massive new regulatory burdens and his failure on free trade.

The only logic that can explain this is that Obama means to spend more money on vocational education to prepare kids for work in industries dominated by unions - Obama's main base of political support.

Presumably, if enough community college students can be trained for traditionally unionized manufacturers, employers will have no choice but to hire them. That's a win-win-win-win for educational bureaucrats, unions, jobs and Obama's political prospects.

Too bad the rest of the economy - which accounts for three-quarters of all U.S. output - didn't make Obama's list of industrial winners.

Breaking: Secret Bilderberg Agenda Leaked by Mole

Exclusive: Live Video & Photos from Bilderberg (Continually Updated)

Infowars  -  June 8, 2011

Breaking: Secret Bilderberg Agenda Leaked by Mole

Alex Jones and Infowars.com have received inside information regarding the Bilderberg agenda now unfolding in the idyllic Swiss countryside.

According to AFP journalist and legendary Bilderberg sleuth Jim Tucker’s inside sources, the agenda now under review includes a number of critical issues at the top of the elite’s to-do list. These breakdown as follows:

The elite are concerned that the American Congress may soon turn against the illegal and immoral invasion under humanitarian cover by NATO and the UN against the north African dictator Moammar Gaddafi.

As columnist Patrick Buchanan noted yesterday, Congress is rising in opposition to bogus wars launched by the executive branch in violation of the Constitution.

“Last week, House Speaker John Boehner had to scramble to cobble up a substitute resolution to prevent half his GOP caucus from joining with Democrats to denounce President Obama’s war in Libya as unconstitutional and to demand a total U.S. pullout in 15 days,” Buchanan wrote.

More than a third of House Republicans voted to pull out of the NATO coalition attacking Gaddafi’s forces, in essence forcing a NATO withdrawal from the color revolution engineered civil war in that country.

In January, former oil industry pastor Lindsey Williams revealed that his inside sources said oil prices will skyrocket – a fait accompli with gas prices at the pump now at historically high levels – as the global elite work behind the scenes to take take down national economies. Williams appeared on the Alex Jones Show to talk about new revelations that deal with the death of the dollar, exploding energy prices, and the engineered onset of order out of chaos revolution worldwide.

The elite now meeting behind closed door in the Switzerland are pushing for a wider war and incalculable suffering in the Middle East.

The money masters have long profited from war and mass murder. Nathan Rothschild made a financial bet on Napoleon at the Battle of Waterloo and while also funding the Duke of Wellington’s peninsular campaign against Napoleon. The House of Rothschild financed the Prussian War, the Crimean War and the British attempt to seize the Suez Canal from the French and also financed the Mexican War and the Civil War in the U.S.

In addition to worrying about Congress waking up to the Libyan scam, the global elite is also concerned about a diverse liberty movement that has grown exponentially with the help of an open and free internet.

In response, the pocketed pawns in Congress have introduced a raft of bills over the last few months designed to take down the internet and blunt its impact as a medium for alternative news and information.

On April 1, 2009, the Senate introduced two bills, endangering a free and open internet: S. 773: Cybersecurity Act of 2009 and S. 778 to establish a White House cybersecurity czar.

In addition, on September 20, 2010, S. 3804: Combating Online Infringement and Counterfeits Act (COICA) was introduced.

Early last month, an especially ominous bill was introduced in the Senate. Entitled Preventing Real Online Threats to Economic Creativity and Theft of Intellectual Property Act of 2011, PROTECT IP for short, this legislation would use copyright infringement as a smoke screen to take down web domains and institute rolling censorship.

On the international front, the European Commission gave a nod toward implementing the Anti-Counterfeiting Trade Agreement (ACTA), a draconian measure that will subvert national sovereignty, trash Net Neutrality, consumer privacy, and civil liberties. In the United States, the corporate media has virtually ignored ACTA, but then key players in the Mockingbird media are often Bilderberg attendees and privy to aspects of the agenda.

The above represent a small sampling of legislation and treaties that will be used to shut down the opposition under the cover of protecting copyright and preventing terrorism.

Hyperventilating over exaggerated threats of cybersecurity, Senator Jay Rockefeller mused during a congressional meeting on cyber crime and terrorism in 2009: “It really almost makes you ask the question would it have been better if we had never invented the internet.”

The globalists are not opposed to the internet, especially as a corporatized money-making instrument. They are, however, opposed to an open, free, and unregulated by government internet where alternative media opposed to their globalist devices are allowed to thrive.

In addition, we can expect minions of the global elite who parade around as our elected representatives and appointed government officials to continue their propaganda efforts to convince the American people that the internet will be used as a terrorist weapon of mass destruction and as such needs to be tightly regulated – for our own safety, of course, and that of the children.

Finally, the Bilderbergers will work on an effort to sucker an already economically besieged American public into further fantastic debt producing bankster bailouts, specifically for Greece, Ireland, Portugal, and other member EU nations sliding toward bankruptcy and social disruption on a monumental scale.

In late 2010, the U.S. Treasury, now operating as a liaison between the government and the bankster owned private Federal Reserve, indicated it was ready to fork over billions more to the European black hole.

“There are obviously some severe market problems,” said a faceless bureaucrat, speaking on condition of anonymity. “In May, it was Greece. This is Ireland and Portugal. If there is contagion that’s a huge problem for the global economy.”

As of late 2010, the IMF, whose biggest single “shareholder” (read: parasitical host) is the United States, has committed 250 billion euros to the bankster engineered black hole.

“Why should American taxpayers be on the hook because a foreign government cannot cover its debts?” asked Rep. Ron Paul, R-Texas, at a House subcommittee hearing last May.

Because the plan is to take down national sovereignty, impose drastic austerity measures, hold fire sales on national assets, consolidate wealth and power, and use an endless economic crisis as an excuse to usher in world government, a one-world currency, and a sprawling high-tech police state.

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Startling revelations from a Swiss banking insider

(interview with a Swiss banker done in Mosсow 30.05.2011)

Q: Can you tell us something about your involvement in the Swiss banking business?

A: I have worked for Swiss banks for many years. I was designated as one of the top directors of one of the biggest Swiss banks. During my work I was involved in the payment, in the direct payment in cash to a person who killed the president of a foreign country. I was in the meeting where it was decided to give this cash money to the killer. This gave me dramatic headaches and troubled my conscience. It was not the only case that was really bad but it was the worst.

It was a payment instruction on order of a foreign secret service written by hand giving the order to pay a certain amount to a person who killed the top leader of a foreign country. And it was not the only case. We received several such hand written letters coming from foreign secret services giving the order to payout cash from secret accounts to fund revolutions or for the killing of people. I can confirm what John Perkins has written in his book “Confessions of an Economic Hit Man”. There really exists just a system and Swiss banks are involved in such cases.

Q: Perkins book is also translated and available in Russian. Can you tell us which bank it is and who was responsible?

A: It was one of the top three Swiss banks at that time and it was the president of a country in the third world. But I don’t want to give out to many details because they will find me very easily if I say the name of the president and the name of the bank. I will risk my life.

Q: You can’t name any person in the bank either?

A: No I can’t, but I can assure you this happened. We were several persons in the meeting room. The person in charge of the physical payment of the cash came to us and asked us if he is allowed to payout such a big amount in cash to that person and one of the directors explained the case and all others said ok you can do it.

Q: Did this happened often? Was this kind of a slush fund?

A: Yes. This was a special fund managed in a special place in the bank were all the coded letters came in from abroad. The most important letters were hand written. We had to decipher them and in them was the order to pay a certain amount of cash from accounts for the assassination of people, funding revolutions, funding strikes, funding all sorts of parties. I know that certain people who are Bilderbergers were involved in such orders. I mean they gave the orders to kill.

Q: Can you tell us in what year or decade this happened?

A: I prefer not to give you the precise year but it was in the 80’s.

Q: Did you have a problem with this work?

A: Yes, a very big problem. I could not sleep for many days and after a while I left the bank. If I give you too many details they will trace me. Several secret services from abroad, mostly English speaking, gave orders to fund illegal acts, even the killing of people thru Swiss banks. We had to pay on the instructions of foreign powers for the killing of persons who did not follow the orders of Bilderberg or the IMF or the World Bank for example.

Q: This is a very startling revelation that you are making. Why do you feel the urge to say this now?

A: Because Bilderberg is meeting in Switzerland. Because the world situation is getting worse and worse. And because the biggest banks in Switzerland are involved in unethical activities. Most of these operations are outside the balance sheet. It is a multiple of what is officially declared. Its not audited and happening without any taxes. The figures involved have a lot of zeros. Its huge amounts.

Q: So its billions?

A: Its much more, its trillions, completely unaudited, illegal and besides the tax system. Basically it’s a robbery of everybody. I mean most normal people are paying taxes and abiding by the laws. What is happening here is complete against our Swiss values, like neutrality, honesty and good faith. In the meetings I was involved in, the discussions where completely against our democratic principles. You see, most of the directors of Swiss banks are not locals anymore, they are foreigners, mostly Anglo-Saxon, either American or British, they don’t respect our neutrality, they don’t respect our values, they are against our direct democracy, they just use the Swiss banks for their illegal means.

They use huge amounts of money created out of nothing and they destroy our society and destroy the people world wide just for greed. They seek power and destroy whole countries, like Greece, Spain, Portugal or Ireland and Switzerland will be one of the last in line. And they use China as working slaves. And a person like Josef Ackermann, who is a Swiss citizen, is the top man at a German bank and he uses his power for greed and does not respect the common people. He has quite a few legal cases in Germany and also now in the States. He is a Bilderberger and does not care about Switzerland or any other country.

Q: Are you saying, some of these people that you mention will be at the up-coming Bilderberg meeting in June in St. Moritz?

A: Yes.

Q: So they are currently in a position of power?

A: Yes. They have huge amounts of money available and use it to destroy whole countries. They destroy our industry and build it up in China. On the other hand they opened up the gates in Europe for all Chinese products. The working population of Europe is earning less and less. The real aim is to destroy Europe.

Q: Do you think that the Bilderberg meeting in St. Moritz has symbolic value? Because in 2009 they where in Greece, 2010 in Spain and look what happened to them. Does this mean Switzerland can expect something bad?

A: Yes. Switzerland is one of the most important countries for them, because there is so much capital here. They are meeting there because apart from other things they want to destroy all values that Switzerland stands for. You see it’s an obstacle for them, not being in the EU or Euro, not totally controlled by Brussels and so on. Regarding values I am not talking about the big Swiss banks, because they are not Swiss anymore, most of them are lead by Americans. I am talking about the real Swiss spirit that the common people cherish and hold up.

Sure it has symbolic value, as you said, regarding Greece and Spain. Their aim is to be a kind of exclusive elite club that has all the power and everybody else is impoverished and down.

Q: Do you think that the aim of Bilderberg is to create a kind of global dictatorship, controlled by the big global corporations, were there are no sovereign states anymore?

A: Yes and Switzerland is the only place left with direct democracy and its in their way. They use the blackmail of “too big to fail” as in the case of UBS to put our country in big debt, just like they did with many other countries. In the end maybe they want to do with Switzerland what they did with Iceland, with all the banks and the country bankrupt.

Q: And also bring it in to the EU?

A: Of course. The EU is under the iron grip of Bilderberg.

Q: What do you think could stop this plan?

A: Well that’s the reason I speak to you. Its truth. Truth is the only way. Put a light on this situation, expose them. They don’t like to be in the spotlight. We have to create transparency in the banking industry and in all levels of society.

Q: What you are saying is, there is a correct side to the Swiss banking business and there are a few big banks that are misusing the financial system for their illegal activities.

A: Yes. The big banks are training their staff with Anglo-Saxon values. They are training them to be greedy and ruthless. And greed is destroying Switzerland and everybody else. As a country we have a majority of the most correct operating banks in the world, if you look at the small and midsize banks. Its just the big ones who operate globally that are a problem. They are not Swiss anymore and don’t consider themselves as such.

Q: Do you think it is a good thing that people are exposing Bilderberg and showing who they really are?

A: I think the Strauss-Kahn case is a good chance for us, because it shows these people are corrupt, sick in their minds, so sick they are full of vices and those vices are kept under wraps on their orders. Some of them like Strauss-Kahn rape women, others are sado maso, or paedophile and many are into Satanism. When you go in some banks you see these satanistic symbols, like in the Rothschild Bank in Zurich. These people are controlled by black-mail because of the weaknesses they have. They have to follow orders or they will be exposed, they will be destroyed or even killed. The reputation of Strauss-Kahn is not only killed in the mass media, he could be killed also literally.

Q: Since Ackermann is in the steering committee of Bilderberg, do you think he is a big decision maker there?

A: Yes. But there are many others, like Lagarde, wo will probably be the next IMF head, also a member of Bilderberg, then Sarkozy and Obama. They have a new plan to censor the internet, because the internet is still free. They want to control it and use terrorism or what ever as a reason. They could even plan something horrible so that they have an excuse.

Q: So that is your fear?

A: Its not only a fear, I am certain of it. As I said, they gave orders to kill, so they are capable of terrible things. If they have the feeling they are losing control, like the uprising now in Greece and Spain and maybe Italy will be next, then they can do another Gladio. I was close to the Gladio network. As you know they instigated terrorism paid by American money to control the political system in Italy and other European countries. Regarding the murder of Aldo Moro, the payment was done thru the same system as I told you about.

Q: Was Ackermann part of this payment system at a Swiss bank?

A:  (S m i l e) … you are the journalist. Look at his career and how fast he made it to the top.

Q: What do you think can be done to hinder them?

A: Well there are many good books out there that explain the background and connect the dots, like the one I mentioned by Perkins. These people really have hit men that get paid to kill. Some of them get their money thru Swiss banks. But not only, they have a system set up all over the world. And to expose to the public these people that are prepared to do anything to keep control. And I mean anything.

Q: Thru exposure we could stop them?

A: Yes, telling the truth. We are confronted with really ruthless criminals, also big war criminals. Its worse then genocide. They are ready and able to kill millions of people just to stay in power and in control.

Q: Can you explain from your view, why the mass media in the west is more or less completely silent regarding Bilderberg?

A: Because there is an agreement between them and the owners of the media. You don’t talk about it. They buy them. Also some of the top media figures are invited to the meetings but are told not to report anything they see and hear.

Q: In the structure of Bilderberg, is there an inner circle that knows the plans and then there is the majority who just follow orders?

A: Yes. You have the inner circle who are into Satanism and then there are the naive or less informed people. Some people even think they are doing something good, the outer circle.

Q: According to exposed documents and own statements, Bilderberg decided back in 1955 to create the EU and the Euro, so they made important and far reaching decisions.

A: Yes and you know that Bilderberg was founded by Prince Bernard, a former member of the SS and Nazi party and he also worked for IG Farben, who’s subsidiary produced Cyclone B. The other guy was the head of Occidental Petroleum who had close relations to the communists in the Sowjetunion. They worked both sides but really these people are fascists who want to control everything and everybody and who gets in their way is removed.

Q: Is the payment system you explained outside of normal operations, compartmentalized and in secret?

A: In those Swiss banks the normal employees don’t know this is happening. Its like an own secret department in the bank. As I said these operations are outside of the balance sheet, with no supervision. Some are situated in the same building, others are outside. They have their own security and special area where only authorized people can enter.

Q: How do they keep these transactions out of the international Swift system?

A: Well some of the Clearstream listings where true in the beginning. They just included fake names to make people believe the whole list is fake. You see they also make mistakes. The first list was true and you can trace a lot of things. You see, there are people around that discover irregularities and the truth and they tell it. Afterwards of course there are law suits and these people are forced to shut up.

The best way to stop them is to tell the truth, put the spot light on them. If we don’t stop them we will end up as their slaves.

Q: Thanks you for this interview.

Peter Odintsov  -  Moscow May 30th, 2011

Source:  HoBblin DeHb

Video:  !!A DAY BEFORE 911!! 2.3Trillion Lost by The Pentagon!.mp4

h/t to Jean Stoner