Sunday, November 30, 2008
US Government Immorality Will Lead to Bankruptcy
This unrealistic "promise" is fiscally irresponsible and is mortgaging the futures of our children and grandchildren.
Watch as the federal government's dirty little secret is revealed!"
Inevitable World War 3 NWO: Russia moves nukes near US soil
Inevitable World War 3 NWO: Russia moves nukes near US soil
This effort is not a pie in the sky reality. It is real-ity made manifest in each one of us by our choice. It is a science and technology that we can access by our intention.
Part 1 Discovery of The Unified Field
Part 2 What is Vedic Science?
Part 3 Consciousness based education
Part 4 "Can you imagine the world at peace?
Occult knowledge/Vortex Energy
Occult: Definition of Occult:
The occult knowledge touches all aspects of our lives, scientific, religious, political, educational, medical and physiological.
Some would say we have crossed the threshold and now through the study of quantum, vibrational, hyper-dimensional physics, comparative religion, human psychology, ancient civilizations and consciousness, we are becoming whole again.
There are sinister forces working to keep humanity from waking up....this reality is not a joke. They have used the occult knowledge to maintain their power and control over humanity. Conversely there is another path, towards the light and the connection to the higher realms.
The rediscovery of the old scientific understanding is there for all to see if they will educate themselves and help to usher in a new paradigm utilizing the natural powers of the universe.
The electromagnetic earth grid is humming with unlimited electric power. The old power system using the pyramids, obelisks, and natural electromagnetic forces within the planet is available, waiting for us to tap into it.
I encourage each person reading this blog to watch the short videos and expand your mind. All of this knowledge has been available and yet hidden by those who want to control the world and all of humanity. It is my understanding that now is the time for all of us to spread the word and help wake up our brothers and sisters so we can live in harmony with humanity, nature, earth and our cosmic multidimensional neighbors.
Tuesday, November 25, 2008
"Researcher Jordan Maxwell discussed how his exposé of the Illuminati and its occult roots has brought fear and threats into his life. He reported that his phone line is tapped by the NSA/CIA and they occasionally break into his calls and talk about him."
We must ask the most high for protection and to surround all of us with His Light!
What is the Mandelbrot set?
A system of free will, to create something when everything is free..........Now I call that a free gift from the Multi-Versal Mind........ (Galactic Brain)(God?)(Creative Intelligence).
Crop Circle/Sacred Geometry
We are standing on the shore of a dimensional shift.....this fractal spiral is moving ever faster and faster into the singularity/zero point of its cycle(expression). It is now our choice whether to hold on to the old energy or release it, while embracing the next evolutionary jump in our human consciousness development. This age/time is upon us now. It is happening at this moment......
The Crop Circles phenomena speak to the Sacred Geometry (Universal/Multi-versal language) of the cosmos and can speak to each one of us if we will open ourselves through the heart, allowing it to move through our consciousness, connecting with our higher self. This multi dimensional, hyper dimensional communication is offered for our edification and instruction. It is incumbent on each one of us to either listen and resonate with the message or continue to miss the opportunity for graduation. The free gift is offered for those souls ready to make the evolutionary leap to infinity.
I encourage each person reading this communication to DYOR, come to your own truth and hopefully enjoy the gift from the Supreme Infinite Creator......The information is available for those willing souls who reach for spiritual understanding......
"Ask, and it will be given to you; seek, and you will find; knock, and it will be opened to you.
In Love and Light
Monday, November 24, 2008
Lyndon La Rouche
May I suggest you take the time to listen and come to your own truth.
Lyndon La Rouche November 18th 2008
Intended to instruct, build up, an uplifting enlightenment by integrating moral, intellectual and spiritual understanding.
The act of edifying, or a state of being edified; a building up, especially in a moral or spiritual sense, intellectual, or spiritual improvement; instruction.
Didactic Edification is my life path, my perceived mission while in the earth plane. This didactic edification is best accomplished through the experiential, inter-active approach and can be utilized through any dimension of our earthly journey. We have within our nature a longing for spiritual development that transcends our limited 3D perspective and when we focus our intention can literally unlock the chains that bind us.
My spirit guides have instructed me to communicate a message of love, hope and empowerment to every person I can reach, through the written word, web site(s), video feeds, and to shout it out from the mountain top at every opportunity. As instructed, I am doing what I can to help move this effort along. They have put into motion a level of activity that is generating a tsunami tidal wave that is beyond our human understanding. This effort involves people from all over the planet that are hearing the call and answering, as best they can, imperfectly but actively. Many people can now feel an explosion of consciousness reaching a crescendo, building towards a burst of cosmic energy.
The Mayan Cosmology speaks to the close of this cycle and the age of revealing when the masks shall come down and the veil will be removed from our eyes. There is a new level of understanding sweeping across the world on almost every front. As the veil is lifted we have the opportunity to move past the divisions that have divided us and reclaim our personal and collective sovereignty.
My web site is designed to be a portal and a jumping off point for people to explore their world absent the false manipulation. We each come to our own truth many different ways and at many different times. Robert Reckmeyer.Com is meant to help facilitate a trip down the rabbit hole where one is confronted with one adventure after the other. Take a trip down the rabbit hole, look around and reframe the nature of your personal reality. Find your own truth and expand your mind, don’t let others tell you what is true, find out for yourself.
We are in a critical period of time as we come to the close of this cycle, ending around the 2012 date, December 21, 2012. I try not to get to caught up on the date or try and pin down a certain set of events. One thing is quite clear; we are experiencing time speeding up and our level of understanding exploding with revelation on a daily basis. The fact that so many people are experiencing an altered state of consciousness is testimony to our collective experience. The key during these next few years is to be in the right place spiritually and vibrationally.
It is imperative to be in community with like minded souls who have a commitment to their personal ascension and can be supportive to each other.
A time of daily meditation is similar to a defrag of our computer hard-drive and can, with practice, help one to form a clearer connection to each other, other dimensional beings and to Super Universal Consciousness, the Galactic Brain, God, or any other name one might ascribe to the Grand Architect of the Universe(s). It is critical that we are open to receive and quiet enough to hear when we tune ourselves to the higher frequencies.
It works very much like a FM radio receiver. If we fail to turn on the receiver or fail to dial in a station, or fail to use an antenna then no wonder we never hear anything and we falsely believe that those who do are not being truthful. “If I can’t hear it then it must mean there is nothing to hear”. That is patently false. The universe is teaming with intelligent life wanting to connect with us. They utilize many frequencies of the octave spectrum, within our Musical Universe(s). If we want to join the galactic community then we have to play by their rules and expand our reality to include them. If we want to be stuck in a 3D world and never grow past our current paradigm then it is truly our choice.
We have been caught in a time loop from one grand cycle (25,920 years) to the next. We have failed the harvest and many souls repeat the cycle over and over again. We have a great opportunity right here and now, to graduate to the next vibrational level. The earth is cycling through the photon belt, highly charged light particles, consciousness units, that are speeding up the frequency of the earth and throughout our solar system. The reason we are able to see more truth, understand both the Dark Side manipulations and also the higher energy realities, is because we are absorbing more light through our DNA antenna system. We are more telepathic and in tune with the cosmic order because we are in the photon belt. You can see why it is so important for all of us to be awake, clear headed, not medicated and in spiritual communication with the higher realms.
Now is not the time to be sleeping or seeking false entertainment. We must be working to graduate to the next vibrational level and bring as many souls along, with us, as is humanly possible.
I have been instructed to do everything in my power to get the message out and to request that we are not bashful, weak minded, fearful, or putting the cares of this world before the work that needs to be done. This is a wake up call to those souls who signed up for this mission before incarnating into the earth plane. The harvest is upon us and we need to shout it from the hill tops. I am asking that each person reading this, stop and close your eyes for a minute, try and remember why we came to earth. We must reconnect with our higher self and find our way home to our spiritual center.
I encourage each of you to copy this web site to ten friends and request that they do the same, (Conscious Creator Enterprise). If we can get the word out, through word of mouth, and ignite a spiritual fire helping others connect with their higher self then it will take on a life of its own. I am trying to do my part, as a catalyst, but it takes all of us to make it happen. This is directed from a higher power and comes from a place that can only be found from within. If this message resonates within your spirit and you recognize something from deep inside then pass it along and ask others to do the same. I will be eternally grateful to all of you for the help and I will do my best to move this effort along.
If we can flood the market with love and light articulating a message of freedom and liberty, asking the universe to open the right doors and bringing the right people together then anything is possible. Nothing is impossible when we are doing the work that needs to be done. The Universal Consciousness will empower us to accomplish the mission no matter how difficult it may seem. I encourage all of us to search our souls and make the most of each day we have left on Gods green earth. Time is passing by and we want to make sure we don’t waste a minute for the work that needs to be done.
In Love and Light
Robert B. Reckmeyer
Alex travels up to Trout Lake, Washington to talk with ufologist James Gilliland about the phenomena on July 6th, 2008. James claims that after a near death experience he entered into what he calls intra-dimensional intelligence and began communication with beings of a higher nature. It is in this region of Washington where UFOs are seen on a regular basis around Mt. Adams. In this interview he shares his thoughts as well as some of his predictions. www.eceti.org
Sunday, November 23, 2008
DYOR come to your own Truth!
China Earthquake caused by HAARP weapon
Good people must unite in their opposition to concentrated power and control. The New World Order has no qualms about using any and all means to further their agenda. Now is the time to awaken and demand they STOP. We must assert our individual and collective sovereignty or we will lose our ability to reason and think critically. We are at a critical fork in the road..........If we fail to open our eyes and face the truth then we will be a system controlled by the dark side.
Chemtrails turn the atmosphere into a highly charged plasma allowing the HAARP system to operate at a much greater intensity. It allows the manipulation of our atmosphere for weather manipulation, it has the ability to trigger earth quakes and volcano's and can pulse the atmosphere with very slow frequencies that help maintain a mind controlled public. All of these technologies can be researched within the public domain, see; Angels Don't Play that HAARP, chemtrails, mind control, frequency transmutation, DNA manipulation.
The truth is stranger than fiction.................I encourage everyone to DYOR and come to your own truth. I may be sounding the bell, trying (in my small way) to sound the alarm but it takes individual thinking people to turn this ship of state around. Please listen and take the time to research these issues. We are literally running out of time.........
Alex Collier/UFO Contactee
"The love you withhold will be the pain you carry." Let the evolutionary spiral elevate my conscious awareness and speak to my soul. To be or not to be, that is the question. Letting go means allowing the river of life to carry me downstream. Allowing the current to speed up my graduation to a higher frequency of the creation.
There is a cosmic battle taking place between those aligned with the negative, dark side polarity and those aligned with the light, the positive polarity. It really is time to pick sides, making a choice and working towards the betterment, or not, of humanity and our planet earth. This is a cosmic battle for humanities consciousness. Our ability to graduate to the next frequency is dependent on those willing soldiers who will rise up and stand for truth.
We must be embolden and firm in our steadfastness......rejecting fear and embracing the power of the multi verse and the heavenly host who stand ready to assist us in this great effort. It is sink or swim, we either stand on our own two feet and grow past the evil manipulation or we fall back and repeat the cycle once again.
Let us stand together and hold back the tide knowing we have the power of the Infinite Creator empowering us and helping us achieve our highest potential as a Gifted Royal Bloodline. We are special and unique in the creation. Lets start acting that way.......................................................
Love-Light & Peace
Google # 7,8,9,10,11,12
Friday, November 21, 2008
Wake up Call
We are running out of time..........2012 is upon us.....the Ascension has begun. Are you where you want to be? Are you connected to your higher self?
Who am I? Why am I here? What did I contract to do while I am in the Earth Plane? How many days do I have left to complete my journey?
tic toc tic toc tic toc..........................
Brrriiiiiiiiiiiiing ******** Time to wake up and get busy!
Are you ready to go home to 5-D Earth?
Robert Kennedy Jr.
PART 2: The setting: a forum exploring the Liberalism and Conservatism of the 60s, via reactions to the re-publication of Barry Goldwater's 'Conscience of a Conservative' and JK Galbraith's 'New Industrial State.' Robert F. Kennedy Jr., now a law professor, makes devastating comments about the current administration while demonstrating that Goldwater's ideas, and true Conservatism, are the antithesis of Bush, his cronies, and the Republican party. Completely extemporaneous - a masterpiece!
We must comes to terms with our past if we are to change the current paradigm and usher in a new way of doing business in the world. Those that would continue a system based on war, mind control, (see the HAARP system/Chemtrails, non lethal weapons)must not be allowed to prosper. Good people of the world must unite to establish a world based on the Brotherhood of Man.
Now is the time to stand up and reject covert action that keeps the American public out of the loop and allows the Secret Government to operate in our name.
Watch......listen.......learn.......and act, to overturn their mis-placed power and control. Their power and control, over us, is not okay.
Thursday, November 20, 2008
While naive, giddy and myopic establishment leftists have been celebrating the great “change” heralded by the election of Barack Obama, the President elect has been busy appointing people to key positions who advocate the same Neo-Con imperialist foreign policy crafted during eight years of the Bush administration.
The New York Times, widely recognized as the voice of the establishment Democratic left, set the tone of what we can expect from an Obama foreign policy in a lead editorial last Sunday entitled, A military for a dangerous world, editorial calls for U.S. military imperialism not to be scaled back under Obama, but to be vastly expanded both in terms of budget and scope.
Iran, China, Somalia, Russia and Pakistan are all listed as potential targets of U.S. military aggression and the paper echoes what Obama himself has said he will implement - an addition of nearly 100,000 more soldiers and marines to American ground forces, bringing the total to 759,000 active duty forces, at a cost of $100 billion dollars over the next six years.
Does this sound like a “change” from the Project for a New American century framework of endless “multi-theatre warfare,” the inspiration for eight years of Bush administration militarism, or an expansion of that very doctrine?
Obama’s announced appointees and those that are expected to follow differ only from their Bush administration contemporaries in proficiency and competence, their zeal for military adventurism is coequal, while others that shaped eight awful years of spying, torture, evisceration on freedom and unprovoked military attacks on sovereign nations will merely stay on in their roles.
Welcome to the “change that you can believe in”.
Obama's likely selection of Hillary Clinton for the position of Secretary of State highlights the brazen hypocrisy with which the “change” agenda has begun to be implemented since Obama won the election two and a half weeks ago.
Does this sound like the language of diplomacy or a change from eight years of the Bush doctrine?
Likewise, one of the favorites to become Obama's Defense Secretary is Michele A. Flournoy, deputy assistant secretary of defense in the
Alex Lantier writes; “Members of CNAS, a rather small
“So many CNAS members are likely to join the Obama administration that CNAS officials told the (Wall Street) Journal they were concerned the think tank might fold after Obama's inauguration.”
CNAS has opposed a set timeline for withdrawal from
“CNAS publications, many of which are publicly available on its web site, make it clear that the Obama administration’s foreign policy will have a thoroughly imperialist character,” notes Lantier.
How does this represent a “change” from eight years of Bush administration foreign policy? How does this represent a shift from a strategy of diplomacy based on intimidation, invasion and occupation?
Obama’s advisers have also been floating the likelihood of Robert Gates remaining as Obama's Secretary of Defense, so it looks like we’re either going to have a warmonger or a warmonger in the position - what a choice!
The Financial Times; “President-Elect Barack Obama and Robert Gates are negotiating terms under which the defense secretary would remain as Pentagon chief in the new administration.”
Gates of course has a history of entanglement with the military-industrial complex having pushed for the
Gates was the primary advocate for the
Obama’s decision to appoint Eric Holder as Attorney General caused a flutter of controversy considering Holder’s involvement in ensuring billionaire fugitive investor Marc Rich received a presidential pardon at the end of Bill Clinton’s term, but the real dirt on Holder is far more shocking.
After leaving the
As Bill Van Auken writes, “Using his longstanding ties at the Justice Department, Holder managed to get Chiquita off the hook with a fine that amounted to 0.55 percent of its annual revenue. This was despite the overwhelming evidence—and the company’s own admission—that it had paid out millions of dollars to the United Self-Defense Forces of Colombia (known by its Spanish acronym AUC), as its gunmen carried out the massacre, assassination, kidnapping and torture of tens of thousands of Colombian workers, peasants, trade union officials and left-wing political activists.”
“Holder’s record is not that of a champion of civil and democratic rights or a defender of the oppressed, but rather a legal servant of the corporations and the state, complicit in their criminality and repression.”
Holder’s law enforcement deputy in the Obama administration is likely to be Robert Mueller, who will remain as FBI Director despite his involvement in the use of National Security Letters to illegally spy on American citizens via the collection of email, telecommunications and financial records.
Obama's head of the CIA transition team is none other than John Brennan, an aide to former CIA director George Tenet and a key participant in the formulation of policies that led to the torture scandal, extraordinary renditions and secret prisons.
Van Auken notes, “Brennan, like Tenet, deserves to confront a war crimes tribunal, yet he is shaping intelligence policy for Obama.”
“Given these appointments, a report published Monday by the Associated Press that the incoming Obama administration “is unlikely to bring criminal charges against government officials who authorized or engaged in” torture hardly comes as a surprise.”
Then we have Rahm Emanuel, “the enforcer”, and Obama's new chief of staff.
Emanuel is the son of a member of the terrorist group; which was responsible for bombing hotels, marketplaces as well as the infamous Deir Yassin massacre, in which hundreds of Palestinian villagers were slaughtered.
Upon news of his appointment, Emanuel’s father, Dr. Benjamin Emanuel, told the Jerusalem Post, “Obviously he will influence the president to be pro-Israel. Why wouldn’t he be? What is he, an Arab? He’s not going to clean the floors of the White House.”
But forget sins of the father, Rahm Emanuel himself is a former Israeli IDF soldier who has a penchant for making death threats against his political enemies while crazily slamming a knife into a dinner table. Sounds like a diplomatic kind of guy.
When Emanuel’s appointment was confirmed, top Israeli newspaper, the Maariv Daily; the headline, “Our man in the White House.”
Another Israeli news outlet, Y Net reported, “Emanuel is pro-Israeli, and would not be willing to consider accepting the job unless he was convinced that President-elect Obama is pro-Israel.”
Recall that President elect Barack Obama's first act of “change” upon winning the Democratic presidential nomination back in June was to don a joint US-Israeli label pin, head on over to AIPAC and prostrate himself in front of the Israeli lobby, vowing to keep military action in mind for Iran and promising to hand over another $30 billion of American taxpayers’ money in military assistance to the Zionist state.
It seems that Obama has already answered the question of whether he can be a more hardcore
When are left-wing establishment liberals going to overcome their inane idolatry for Obama and realize that the people he is putting into positions of power are the same and in some cases worse than the Neo-Cons who ran eight years of Bush foreign policy?
When are leftists going to get over their petty power trips and understand that the mantra of “change” is a mere illusion to provide left cover for a massive expansion in U.S. imperialism the likes of which the Bush administration could never have accomplished?
When are liberals going to stop behaving like gloating children and understand that Obama's exalted messiah status and political capital, allied with his publicly stated agenda and the nature and track record of those he has appointed to key positions, is a recipe for a new wave of militarism and an expansion of the pre-emptive Bush foreign policy doctrine that Obama himself campaigned against with his rhetorical and empty promises of “change”?
Barack Husein Obama is a reflection of our collective consciousness..........Our (His) ability to navigate to a better place is dependent on our collective will, and yet Obama represents our hopes and dreams while still being a work in progress. Obama has taken on a super human responsibility and so we await his maturation and our ability to project our collective consciousness onto him and his Presidency.
The future is not written in stone...it is pliable and mailable to our energetic projection. We as a human family have the ability to choose which direction we want to go...it is an individual and a collective future time line...do we align with the positive or the negative? Do we line up with service to self or service to others? Are we helping or hurting? Is our Nation part of the solution or part of the problem? How do we energetically influence the outcome of our human drama?
Obama has within him the seed to our ascension or the seed to our demise. Now we are called to energetically resonate love and compassion, charity and hope for humanity. If we choose to accentuate the negative, the Dark Side, then we are saying NO to a future filled with light. Rather we project a world left in the dark.
May we now realize that we have great power, within our being, to affect the future course of American and World history. We can not tell Obama what to do but we can energetically influence the outcome. We can elevate the vibration to a higher frequency and picture wholeness. We can usher in a new reality by thinking it into existence.
All is working itself out and bringing us closer to a new day.......It is important for us to let go of the past and embrace a new future based on the brotherhood of man. Those souls who can not let go of the past will be held back for another cycle until they learn that they create their own reality and it is either filled with love or separation. Those that hold on to power and control will be left to experience the fruit of their labor.
Now we turn and lift up our hearts, understanding our cosmic role as a planetary system, and a human family in transition. May we send our positive vibrations out to the multi verse and ask that the Supreme Creator bless us and keep us safe while we move up the evolutionary ladder to a new tomorrow. May He also bless Barack Obama and give him the insight and wisdom to make the right choices as he reflects our collective human consciousness. This is my prayer....................
Thursday, November 20, 2008
2012, Hollow Earth, Pole Shift
Doctor of Physics, Brooks Agnew discussed possible cataclysms that may occur around 2012, and offered an update on his planned North Pole Inner Earth Expedition. The current timetable is to embark on the expedition in August 2009, traveling to the Arctic region aboard a nuclear powered icebreaker. A helicopter and ship stored in the icebreaker will be used to advance scout for a hole that might exist in the curvature of the crust, he detailed.
Agnew said ancient Mesoamericans described visits from the 'Shining Ones'-- possible ETs, who may have given them the knowledge of astronomy, architecture and agriculture. One of the Mayans' complex calendrical systems ends in 2012, coinciding with the Earth aligning with a black hole in the center of the galaxy, he outlined. This positioning will cause planets to heat up in the solar system, and potentially wreak havoc with our climate, he said.
A pole shift could take place within a short time period-- 3 to 5 days, and the reversal of Northern and Southern hemispheric patterns could set up a "global superstorm," with 300 mph winds lasting up to a month, Agnew warned.
Ark of Millions of Years Volume Two: 2012 and the Harvest of the End Times
Ark of Millions of Years: Volume Three
Those of us who have the tools, at our finger tips, (computer) must stand up and do the work that must be done in order to turn this ship around. We are at a point in history that we either sink or swim as a human species. If you have awoken from your slumber then by all means don't fall back asleep! Arise and awaken your neighbor! Study where we have been, where we are and the possible outcomes, (time lines). Influence the future by becoming pro-active within the context of your reality. Speak out, write a book, set up a website, talk to your friends, attend a rally and make your voice heard (shout it from the roof tops).
Consciousness is the ability to think outside the box, question the accepted norm and keep questioning everything until it rings laud and clear within your whole being. Trust your gut, trust you intuition, trust your heart! DO NOT TRUST THE SYSTEM! Because it is controlled by the Dark Side and "they" do not have our best interest(s) at heart. They are power hungry and want to own and control the world and not just the world but each and every one of us.
We are literally at the fork in the road.......to the left we have more of the same.....negative polarity, the Dark side, perpetual war, 500 lb bunker buster bombs on innocent men, women and children, trillions of dollars to bailout the super rich. We have a world where 2% of 2% own and control EVERYTHING!
To the right we have 6.5 Billion human beings that want to drink clean water, are willing to do a fair days work for a fair days pay, they want to eat a hot meal (and would be happy for one hot meal a day), sleep in their own bed, share some affection, play with their children, and share some love and compassion with their fellow human family. We want to resonate LIGHT and LOVE and HOPE (Charity). There are 6.5 billion human beings alive on Planet Earth right now that want to do the right thing and yet they are easily manipulated and stuck, unable to see the forrest from the trees. We are living in a manufactured false reality based on fear. It is time to wake up and create a different model.
Watch Obama! His National Security Team is more of the same.....his chief of staff is a friend of Wall Street, not Main Street. We must pray he chooses the Light and not the Dark side....right now it does not look good. We must not fool ourselves but rather hold each "Public Servant" to account for their action(s). Not what we say but what we do!
I encourage every thinking person who stumbles across this blog to share it with their friends and family. To share my websites and pass along the links so others can DYOR.
www.truth-in-government.com, www.robertreckmeyer.com, www.truth-in-health.com,
Tuesday, November 18, 2008
The Federal Reserve caused the 700 billion dollar bailout and economic crash
Ron Paul questions Bernanke about world currency
Holy Holy Holy Lord God Almighty .. [Agnus Dei]
Naomi Klein/Democracy Now/Criminalization of Gov.
by Naomi Klein, The Nation, November 13, 2008
The more details emerge, the clearer it becomes that Washington's handling of the Wall Street bailout is not merely incompetent. It is borderline criminal.
"In a moment of high panic in late September, the US Treasury unilaterally pushed through a radical change in how bank mergers are taxed--a change long sought by the industry. Despite the fact that this move will deprive the government of as much as $140 billion in tax revenue, lawmakers found out only after the fact. According to the Washington Post, more than a dozen tax attorneys agree that "Treasury had no authority to issue the notice."
Of equally dubious legality are the equity deals Treasury has negotiated with many of the country's banks. According to Congressman Barney Frank, one of the architects of the legislation that enables the deals, "Any use of these funds for any purpose other than lending--for bonuses, for severance pay, for dividends, for acquisitions of other institutions, etc.--is a violation of the act." Yet this is exactly how the funds are being used.
Then there is the nearly $2 trillion the Federal Reserve has handed out in emergency loans. Incredibly, the Fed will not reveal which corporations have received these loans or what it has accepted as collateral. Bloomberg News believes that this secrecy violates the law and has filed a federal suit demanding full disclosure.
Despite all of this potential lawlessness, the Democrats are either openly defending the administration or refusing to intervene. "There is only one president at a time," we hear from Barack Obama. That's true. But every sweetheart deal the lame-duck Bush administration makes threatens to hobble Obama's ability to make good on his promise of change. To cite just one example, that $140 billion in missing tax revenue is almost the same sum as Obama's renewable energy program. Obama owes it to the people who elected him to call this what it is: an attempt to undermine the electoral process by stealth.
Yes, there is only one president at a time, but that president needed the support of powerful Democrats, including Obama, to get the bailout passed. Now that it is clear that the Bush administration is violating the terms to which both parties agreed, the Democrats have not just the right but a grave responsibility to intervene forcefully.
I suspect that the real reason the Democrats are so far failing to act has less to do with presidential protocol than with fear: fear that the stock market, which has the temperament of an overindulged 2-year-old, will throw one of its world-shaking tantrums. Disclosing the truth about who is receiving federal loans, we are told, could cause the cranky market to bet against those banks. Question the legality of equity deals and the same thing will happen. Challenge the $140 billion tax giveaway and mergers could fall through. "None of us wants to be blamed for ruining these mergers and creating a new Great Depression," explained one unnamed Congressional aide.
More than that, the Democrats, including Obama, appear to believe that the need to soothe the market should govern all key economic decisions in the transition period. Which is why, just days after a euphoric victory for "change," the mantra abruptly shifted to "smooth transition" and "continuity."
Take Obama's pick for chief of staff. Despite the Republican braying about his partisanship, Rahm Emanuel, the House Democrat who received the most donations from the financial sector, sends an unmistakably reassuring message to Wall Street. When asked on This Week With George Stephanopoulos whether Obama would be moving quickly to increase taxes on the wealthy, as promised, Emanuel pointedly did not answer the question.
This same market-coddling logic should, we are told, guide Obama's selection of treasury secretary. Fox News's Stuart Varney explained that Larry Summers, who held the post under Clinton, and former Fed chair Paul Volcker would both "give great confidence to the market." We learned from MSNBC's Joe Scarborough that Summers is the man "the Street would like the most."
Let's be clear about why. "The Street" would cheer a Summers appointment for exactly the same reason the rest of us should fear it: because traders will assume that Summers, champion of financial deregulation under Clinton, will offer a transition from Henry Paulson so smooth we will barely know it happened. Someone like FDIC chair Sheila Bair, on the other hand, would spark fear on the Street--for all the right reasons.
One thing we know for certain is that the market will react violently to any signal that there is a new sheriff in town who will impose serious regulation, invest in people and cut off the free money for corporations. In short, the markets can be relied on to vote in precisely the opposite way that Americans have just voted. (A recent USA Today/Gallup poll found that 60 percent of Americans strongly favor "stricter regulations on financial institutions," while just 21 percent support aid to financial companies.)
There is no way to reconcile the public's vote for change with the market's foot-stomping for more of the same. Any and all moves to change course will be met with short-term market shocks. The good news is that once it is clear that the new rules will be applied across the board and with fairness, the market will stabilize and adjust. Furthermore, the timing for this turbulence has never been better. Over the past three months, we've been shocked so frequently that market stability would come as more of a surprise. That gives Obama a window to disregard the calls for a seamless transition and do the hard stuff first. Few will be able to blame him for a crisis that clearly predates him, or fault him for honoring the clearly expressed wishes of the electorate. The longer he waits, however, the more memories fade.
When transferring power from a functional, trustworthy regime, everyone favors a smooth transition. When exiting an era marked by criminality and bankrupt ideology, a little rockiness at the start would be a very good sign."
Robert B. Reckmeyer, November 18th 2008
The criminalization of our government to the tune of trillions of $$$$$$ and both political parties are complicit in the crimes. They are either to weak to act or part of the scam. It all comes down to a spiritual dynamic, service to self (power and control) or service to others (love and compassion).
Years ago, from 1970 till 1982 (the last overt act in the indictment) I smoked pot and sold it on a large scale. I broke the law dealing with a natural herbal substance and I pled guilty for my illegal acts. Conversely I was sentenced to Federal Prison, served my eight (8) years (96 months) not an easy punishment for any man, woman or child. I did plead guilty, pay my debt (oppressive) and rebuild my life.
I came home joined the "system" paid my taxes, collected taxes on my employees and complied with the rules, regulations and laws of the land. Now I watch the fleecing of the public, through corrupt, illegal practices, protected by a criminal political system and I have to ask myself and every person reading this Blog, what the hell are we doing to stop this madness.
This great nation of ours is being liquidated my a criminal element, see the Bush Crime Family on my website, www.truth-in-government.com, both corporate, political, banksters (Anglo-American) and we sit back and do nothing! They loot our 401 k, our equity in our homes, our jobs and people are in a fog. May I suggest we organize and march on Washington demanding action to take back our government.
The first assessment of Obama does not look good. He is assembling a National Security Team that spells more of the same, not fundamental change. He has spoken of widening the war to Pakistan and has Zbigniew Brzezinski front and center.
I am as hopeful as any person but without grassroots action, nothing will really change. We can't just vote for change, we have to continue to bring the pressure on our government or it won't happen. The power elite are bringing their pressure on the government and trust me they won't let up until they own and control everything.
Monday, November 17, 2008
USA Great Depression
November 16, 2008
The financial crisis is deepening, with the risk of seriously disrupting the system of international payments.
This crisis is far more serious than the Great Depression. All major sectors of the global economy are affected. Recent reports suggest that the system of Letters of Credit as well as international shipping, which constitute the lifeline of the international trading system, are potentially in jeopardy.
The proposed bank "bailout" under the so-called Troubled Asset Relief Program (TARP) is not a "solution" to the crisis but the "cause" of further collapse.
The "bailout" contributes to a further process of destabilization of the financial architecture. It transfers large amounts of public money, at taxpayers expense, into the hands of private financiers. It leads to a spiraling public debt and an unprecedented centralization of banking power. Moreover, the bailout money is used by the financial giants to secure corporate acquisitions both in the financial sector and the real economy.
In turn, this unprecedented concentration of financial power spearheads entire sectors of industry and the services economy into bankruptcy, leading to the layoff of tens of thousands of workers.
The upper spheres of Wall Street overshadow the real economy. The accumulation of large amounts of money wealth by a handful of Wall Street conglomerates and their associated hedge funds is reinvested in the acquisition of real assets.
Paper wealth is transformed into the ownership and control of real productive assets, including industry, services, natural resources, infrastructure, etc.
Collapse of Consumer Demand
The real economy is in crisis. The resulting increase in unemployment is conducive to a dramatic decline in consumer spending which in turn backlashes on the levels of production of goods and services.
Exacerbated by neoliberal macro-economic policy, this downward spiral is cumulative, ultimately leading to an oversupply of commodities.
Business enterprises cannot sell their products, because workers have been laid off. Consumers, namely working people, have been deprived of the purchasing power required to fuel economic growth. With their meager earnings, they cannot afford to acquire the goods produced.
Overproduction Triggers a String of Bankruptcies
Inventories of unsold goods pile up. Eventually, production collapses; the supply of commodities declines through the closing down of production facilities, including manufacturing assembly plants.
In the process of plant closure, more workers become unemployed. Thousands of bankrupt firms are driven off the economic landscape, leading to a slump in production.
Mass poverty and a Worldwide decline in living standards is the result of low wages and mass unemployment. It is the outcome of a preexisting global cheap labor economy, largely characterized by low wage assembly plants in
The current crisis extends the geographic contours of the cheap labor economy, leading to the impoverishment of large sectors of the population in the so-called developed countries (including the middle classes).
We are dealing with a long-term process of economic and financial restructuring. In its earlier phase, starting in the 1980s during the Reagan Thatcher era, local and regional level enterprises, family farms and small businesses were displaced and destroyed. In turn, the merger and acquisition boom of the 1990s led to the concurrent consolidation of large corporate entities both in the real economy as well as in banking and financial services.
In recent developments, however, the concentration of bank power has been at the expense of big business.
What is distinct in this particular phase of the crisis, is the ability of the financial giants (through their overriding control over credit) not only to create havoc in the production of goods and services, but also to undermine and destroy large corporate entities of the real economy.
Bankruptcies are occurring in all major sectors of activity: Manufacturing, telecoms, consumer retail outlets, shopping malls, airlines, hotels and tourism, not to mention real estate and the construction industry, victims of the subprime mortgage meltdown.
General Motors has confirmed that "it could run out of cash within a few months, which could prompt one of the biggest bankruptcy filings in
The Vodafone Group PLC, the world’s biggest mobile phone company not to mention InterContinental Hotels PLC are in difficulty, following the collapse of stock values. (AP, Nov 12, 2008). Worldwide, over two dozen airlines have gone under in 2008, adding to a string of airline bankruptcies in the course of the last five years. 30 October 2008).
In the last two months, there have been numerous plant closures across
US factory orders have declined dramatically. Research firm Autodata reported in October that "sales of cars and light trucks in September had declined 27 percent compared with a year earlier."(
According to the US Bureau of Labor Statistics, an additional 240,000 jobs were lost during the month of October alone:
"Nonfarm payroll employment fell by 240,000 in October, and the unemployment rate rose from 6.1 to 6.5 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. October’s drop in payroll employment followed declines of 127,000 in August and 284,000 in September, as revised. Employment has fallen by 1.2 million in the first 10 months of 2008; over half of the decrease has occurred in the past 3 months. In October, job losses continued in manufacturing, construction, and several service-providing industries…
Among the unemployed, the number of persons who lost their job and did not expect to be recalled to work rose by 615,000 to 4.4 million in October. Over the past 12 months, the size of this group has increased by 1.7 million."
The official figures do not describe the seriousness of the crisis and its devastating impact on the labor market, since many of the job losses are not reported.
The situation in the European Union is equally disturbing. A recent British report points to the potential plight of mass unemployment in North Eastern England. In
Job cuts have also been announced at General Motors and Nissan-Renault plants in
Bankruptcies and Foreclosures: A Money-spinning Operation for the Financial Giants
Among the companies on the verge of bankruptcy are some highly lucrative and profitable operations. The important question: who takes over the ownership of bankrupt giant industrial corporations?
Bankruptcies and foreclosures are a money-spinning operation. With the collapse in stock market values, listed companies experience a major collapse of the price of their stock, which immediately affects their creditworthiness and their ability to borrow and/ or to renegotiate debts ( which are based on the quoted value of their assets).
The institutional speculators, the hedge funds, et al have cashed in on their windfall loot.
They trigger the collapse of listed companies through short selling and other speculative operations. They then cash in on their large scale speculative gains.
According to a report in the Financial Times, there is evidence that the plunge of the
The financiers are on a shopping-spree.
Once they have consolidated their position in the banking industry, the financial giants including JP Morgan Chase, Bank of America, et al will use their windfall money gains and bailout money provided under TARP, to further extend their control over the real economy.
The next step consists in transforming liquid assets, namely money paper wealth, into the acquisition of real economy assets.
In this regard, Warren Buffett’s Berkshire Hathaway Inc. is a major shareholder of General Motors. More recently, following the collapse in stock values in October and November, Buffett boosted his stake in oil producer ConocoPhillips, not to mention Eaton Corp, whose price on the NYSE tumbled by 62% in relation to its December 2007 high (Bloomberg).
The target of these acquisitions are the numerous highly productive industrial and services sector companies, which are on the verge of bankruptcy and/or whose stock values have collapsed.
The money managers are picking up the pieces.
Ownership of the Real Economy
As a result of these developments, which are directly related to the financial meltdown, the entire ownership structure of real economy assets is in turmoil.
Paper wealth accumulated through insider trading and stock market manipulation is used to acquire control over real economic assets, displacing the preexisting ownership structures.
What we are dealing with is an unsavory relationship between the real economy and the financial sector. The financial conglomerates do not produce commodities. They essentially make money through the conduct of financial transactions. They use the proceeds of these transactions to take over bona fide real economy corporations which produce goods and services for household consumption.
In a bitter twist, the new owners of industry are the institutional speculators and financial manipulators. They are becoming the new captains of industry, displacing not only the preexisting structures of ownership but also instating their cronies in the seats of corporate management.
No Reform Possible under the
The November 15 G-20 Financial
While formally presenting a project to restore financial stability, in practice, the hegemony of Wall Street remains unscathed. The tendency is towards a unipolar monetary system dominated by the
The architects of financial disaster under the 1999 Gramm-Leach-Bliley Financial Services Modernization Act (FSMA) have been entrusted with the task of mitigating the crisis, which they themselves created. They are the cause of financial collapse.
The G20 Financial Summit doesn’t question the legitimacy of the hedge funds and the various instruments of derivative trade. The final Communiqué includes an imprecise and blurred commitment "to better regulate hedge funds and create more transparency in mortgage-related securities in a bid to halt a global economic slide."
A solution to this crisis can only be brought about through a process of "financial disarmament", which forcefully challenges the hegemony of the Wall Street financial institutions including their control over monetary policy. "Financial disarmament" would also require freezing the instruments of speculative trade, dismantling the hedge funds and democratizing monetary policy. The term "financial disarmament" was initially coined by John Maynard Keynes in the 1940s.
Obama Endorses Financial Deregulation
Barack Obama has embraced the
Jim Leach, Madeleine Albright and former Treasury Secretary Larry Summers, who also played a key role in pushing through the FSMA legislation, were in attendance at the November 15 G-20 Financial Summit, as part of President-elect Barack Obama’s advisory team:
"President-elect Barack Obama and Vice President-elect Joe Biden announced that former Secretary of State Madeleine Albright and former Republican Congressman Jim Leach would be available to meet with delegations at the G-20 summit on their behalf. Leach and Albright are holding these unofficial meetings to seek input from visiting delegations on behalf of the president-elect and vice president-elect.
Hold on for the ride..................