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Post by e362 on Oct 3, 2014 7:53:14 GMT -5
Peter Schiff: Biggest crisis ever looms " Dollar Doom "
Published on Sep 26, 2014
This year has seen plenty of political turmoil - the waves of instability seem to do little to the world’s economy. Will that remain so for long? And if not - is there an another crisis looming, like the one that left thousands if not millions helpless and in poverty in 2008? And, finally, what does tomorrow hold for dollar? We ask these questions to leading financial analyst and CEO of Euro Pacific Capital Peter Schiff.
Similar content with expanded explanation and charts/graphs from the CIA's Financial Threat and Asymmetric Warfare Advisor. (whatever the hell that is) , although in the end he is hawking his book, the ominous message is there.
moneymorning.com/ext/articles/rickards/project-prophecy.php?from=oo
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Post by JoeRockss on Oct 15, 2014 7:05:09 GMT -5
Well, it is late 2014. The rumor mill is awash with tales of a US Treasury Note that is gold backed (Basel III Compliant) and stories of Banker arrests have actually been in the Lamestream media. Arrests for FOREX manipulations, yes. But then, the Statute of Limitations on their crimes leading up to the 2008 financial collapse are about done and gone. The Chinese effectively foreclosed on the FED, presumably it will fade into oblivion at some point. Been saying the same thing since January, 2006. Been laughed at, jeered at, attacked reviled and dismissed. But, there is more evidence coming out every day that Golden an I figured this out nearly 9 yrs ago, in an hour. Ain't Life Grand?! They can faulking pay us, now. Do you want to get paid? Who doesn't? Well, the folks here and on all the boards who are pretending to be shareholders, for one. But, that's not why I am breaking my vow not to post on this board any more. I have never spoken to Al Hodges by phone or in person, but I believe him to be an honorable man, fighting the good fight on our behalf. I have exchanged very few words with him on these boards. But, several years ago, he posted something to me that has prompted me to make this post. I can't remember his exact words and I can not retrieve them because I have been banned from the board run by the illiterate redneck on which they were posted. Apparently illiterate rednecks get cranky when you prove them wrong in a public forum. But that's not why I am posting, either. Al prompted me to post this, by way of ShowMeTheMoney's posting last week of Al's Tome regarding the Federal Reserve Bank and the sins it has committed against us. You see, some time around the time this document was written, (it is dated 9/21/2009) Al said to me in a post, something to the effect of, "You're a very smart man." At the time, I interpreted that to be referencing the post I had made previously in the same thread regarding what I termed as the treasonous behavior of the bankers. And I responded as such, trying to draw him out. But, being the attorney he is, he did not get drawn into that conversation and let it drop as did I. Reading Al's tome last week, I realized he was speaking in a much larger picture, for I am sure he had seen me post my statement, We get paid when the fed goes down and probably even my explanation of why I believe that to be true. Here for your refreshed memory is that statement, posted most recently on the unofficial board: We Get Paid When The Fed Goes Down.
As I have told the story many times, when I first made the statement, it was a conclusion Golden1101 and I had come to at the end of a long phone conversation. At the time, the little we knew was that we were fighting the richest, most powerful people on earth. From that, we were able to extrapolate that we were in effect, fighting the fed. So, we concluded that the only way we would get paid, would be to bring down the fed. Later, we would learn through the research of AGoodBadGirl that the Fed is the guarantor of last resort on all trades. That confirmed our conclusion for me, because we knew that to get paid, we might likely bring down the brokers who sold the counterfeit securities. But, at the levels we had been oversold, it was almost certain, we could also bankrupt the guarantor of last resort. Later still, we would learn that the markers that made up the vapor shares we had been sold, had been monetized and sold as derivatives, too. JimboCMKX, also known as Ralph and an assortment or two of other handles indicated that we would not get paid until those derivatives had been unwound and we had "Extracted Maximum Value" from those crimes. It ties in nicely because the act of unwinding 600 trillion dollars nominal value's worth of derivatives is almost certain to bankrupt the fed. So Duc, you are absolutely right when you postulate they are connected. As the guarantor of last resorts for all trades in the marketplace, unwinding the derivatives is most certainly tied to bankrupting the fed. There is still the odd shareholder out there who lays claim to the fact that their FRN's are still buying coffee in the morning, not having lost any value. This is a rather simplistic and obtuse oversight. In reality, the FRN has been reduced by half or more in value in the last fifteen years. the price of fuel had quadrupled, the price of food more than doubled and we are awash in people unable to pay for the houses they thought they owned. And finally, when the back room political struggles are over and we step through the open window into the next stage, we will hopefully have a commodities backed currency that actually maintains its value. And compensation for the theft, pain and suffering we have endured these 12+ years. Good luck to all cmkx and pcbm longs. The rest of you losers hiding here in sheep's clothing, can wallow in your self loathing.
Two nights ago, I was on the phone speaking to Golden1101 about Al's tome and our 2006 phone call where we came to the same conclusion. Sean asked, "How did we come up with that so easy in an hour conversation on the phone?" I didn't have the answer for him then, but it occurs to me that we came up with our conclusion that we get paid when the fed goes down, because it has been there for us, right in front of us all the time and all we did was take the time to look at it. It has been said to me by several people that one of the reasons Al allowed this document to be posted at this time is to remind everyone of what happens when you delegate your responsibility to ensure your government is working in your best interest. I interpret that to mean that if we are ever going to get paid, we need to do something about it. We need to ensure that the bankers are held accountable for their crimes and we need to ensure that true banking reform not only happens, but is meaningful. It is my considered opinion that the conditions of the release of the trust include that the United States become BASEL III compliant and we will not be paid until that happens, regardless of how many bouncing balls are thrown in our path to amuse and distract us. If we want to get paid, we have to make BASEL III a reality and we have to hold the bankers accountable. It is that simple. Now, I am not a leader. My people skills suck. I'm an analyst. I deal with facts, efficiencies, code and big pictures. I was trained first as a communicator, but I hated the work. Dealing with people sucks, because they almost never react to the facts, they react to emotions. So I gravitated away from dealing with people to a solitary occupation where I deal with deducing how to achieve goals. I'm very good at what I do. Anyone who knows and loves me will tell you that I suck at dealing with people and am good at figuring shiit out. But, they will also tell you as some on this board have said in standing up for me, (thank you friends) that I speak the truth as I know it. Always the truth, because that is all we have. I don't pretty it up and I don't really care who I wizz off or offend, because if they are offended, it really is their problem, not mine. For I speak what I believe without malice or harmful intent. My truth is, that we will not be paid unless the bankers are held accountable. The last word in the press was that we "MIGHT" be ready for Basel III late 2014. So, we need to make it our truth, that it happens before then. Surely, there is someone with the people, political and organizational skills to create, organize and run a grass roots organization to demand BASEL III compliance and holding the bankers accountable. If the executive, legislative and judicial branches, the press and anyone else who will listen are suddenly bombarded with a constant onslaught of demand to jail the bankers and enforce Basel III now, it will get their attention. Telling them we want to be paid has had no effect. Whining and crying and pissin' and moaning in our beer and on these boards has had no effect. But, I believe a national campaign to demand justice and transparency and asset backed banking will. It's up to you. I can't do it alone. Peace.
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Post by Brigantine on Dec 30, 2014 18:13:47 GMT -5
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Post by thunkerdrone on Dec 31, 2014 9:29:00 GMT -5
that article from 'Dave Hodges' is one of the most worrying things which one can read, Brigantine. We can hope that all of this is somehow good news for us. So far it is only good news for the people who want to do to the to the rest of the world what they have done to China as far as standard of living and human rights go (the Western banks who financed Mao, for example, and the multinationals who feed on China's D_ickensian labor force) Is it good news to learn that these people are right on schedule to complete the takeover of the global financial system? Another lovely and comforting thing to consider is that the same people (G8,G20 et al) have been doing 'practice drills' by fomenting fake violence at all of their summits , training for how to handle civil unrest and urban anarchy. Are these lovely and talented people preparing for a financial crash so jarring that they anticipate riots in the streets? When the bank machines stop working and a month later there is almost no food left in the grocery stores and the only people still being paid are the police and military , as we all wait for our CMKX settlement windfalls, things could get as ugly as (insert Diva here). we could be subsisting only on rice, dried fish by the time we begin to understand and embrace our new third world status in the global order of things.
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Post by thunkerdrone on Dec 31, 2014 9:39:16 GMT -5
btw, is Dave Hodges connected to Al Hodges? Is it possible that a Hodges team co-wrote the article?
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Post by Brigantine on Dec 31, 2014 9:50:42 GMT -5
You're right. It is nasty ugly scary. There is a lot out there, that is scary to read. But, there is also a lot of fear mongering going on, all the time. "They" want us afraid. They want us paralyzed and unable to respond. And if we do respond, they will shoot us down like the dogs we are. And that's just the more moderate fear mongers' analysis.
As always, I suspect the truth will be something a little more contained. Possibly still ugly, but manageable with planning and foresight.
My hope and understanding is, that the folks in this country who are working to bring about some of these changes understand and are planning to minimize the downside, should things get out of hand. Ultimately, if they do it now, before everything collapses, it will go a d*mn site better than if the whole system is allowed to implode. Because implosion is coming. And if it comes to that, things will get ugly, very fast.
I very highly doubt Dave Hodges is related to Al Hodges.
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Post by thunkerdrone on Dec 31, 2014 11:04:04 GMT -5
You're right. It is nasty ugly scary. As always, I suspect the truth will be something a little more contained. Possibly still ugly, but manageable with planning and foresight. maybe its the old 'thousand cuts' game of making people expect the extreme, so that they will 'compromise' and accept the very thing which was on the agenda to begin with. Prep public psyche for "certain doom" so that when things are "only extremely bad" it comes as less of a shock. In fact you can sell "only extremely bad" corn flakes by touting their superiority to "certain doom Toasties" Threaten starvation and/or WW3, and when that doesn't happen they are more likely to accept whatever horrible new reality comes along. Like this:
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Post by mygirlwantsarock on Dec 31, 2014 15:19:37 GMT -5
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Post by Brigantine on Dec 31, 2014 16:06:14 GMT -5
Agreed Thunkerdrone, Fearful Masses are much more pliable than pissed off raving lunatic masses.
There has been a steady "diet" of "bad news" for as long as I can remember. The racial thing in Ferguson is just the latest example. The scare of race riots thrown in our faces for months, relentlessly. And yet, when I do get out in the community, the folks of color I encounter are pleasant, smiling and friendly. How can that be? Surely, they must be ready to murder me, right?
Yes, we have an issue of racism in this country. But, I think that issue is primarily promoted and perpetuated by folks who have something to gain from that issue. Folks like Jesse and Al and the the lily white bankers behind the curtain, pulling their strings.
If everyone would just disengage from the matrix and treat their neighbors and business associates with respect, dignity and honor, it would go a long way to removing the power of those scum sucking weasels.
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Post by mygirlwantsarock on Feb 7, 2015 21:23:07 GMT -5
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Post by Brigantine on Feb 9, 2015 23:15:19 GMT -5
MR. HODGES: Here is the simple answer as I started to say a few minutes ago, and I probably did not finish. The original agreement -- there was a war that ensued after the sting got under operation, because what the sting always contemplated was that Mr. Maheu would collect all of these bad doers -- the hedge fund people and the people like Waterhouse and all the other stock brokerage houses around who were naked shorting this company, collect them all in a big room and offer them a deal for two reasons: first of all, to collect money for CMKX for what had been done to them in effect; second of all, to teach these people a lesson that there were people out there watching what was going on, and hopefully that would head them off in continuing in such illicit, illegal, and improper behavior. That was in fact done, and I have a witness who was there when it was done. They had a room about three times the size of your courtroom in which they had representatives from all these brokerages from all over the world who were there present. They watched a video presentation, because Mr. Maheu as the Court may be aware was at one time closely associated with the CIA and Howard Hughes and all kinds of other people. THE COURT: I was going to ask you if it was the same Robert Maheu. MR. HODGES: It is indeed the same one, a gentleman I happened to make acquaintanceship with in the '70s. At any rate, all of these people were accumulated in this room, and they were shown a video and a slide presentation of all of the evidence of their wrongdoing, and they were offered an opportunity that you could either step up and sign away your money and pay a reasonable amount for each transaction that you did illegally and improperly, or you can walk out of here and get prosecuted and go to jail because what you did is criminal. Every single person in that room stepped and made a deal. www.writebyte.net/Files/20100802-Hodges-Transcript-of-Proceedings.pdf
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Post by John Winston Lennon O'Boogie on Feb 10, 2015 6:54:51 GMT -5
MR. HODGES: Here is the simple answer as I started to say a few minutes ago, and I probably did not finish. The original agreement -- there was a war that ensued after the sting got under operation, because what the sting always contemplated was that Mr. Maheu would collect all of these bad doers -- the hedge fund people and the people like Waterhouse and all the other stock brokerage houses around who were naked shorting this company, collect them all in a big room and offer them a deal for two reasons: first of all, to collect money for CMKX for what had been done to them in effect; second of all, to teach these people a lesson that there were people out there watching what was going on, and hopefully that would head them off in continuing in such illicit, illegal, and improper behavior. That was in fact done, and I have a witness who was there when it was done. They had a room about three 12 times the size of your courtroom in which they had 13 representatives from all these brokerages from all over the world who were there present. They watched a video presentation, because Mr. Maheu as the Court may be aware was at one time closely associated with the CIA and Howard Hughes and all kinds of other people. THE COURT: I was going to ask you if it was the same Robert Maheu. MR. HODGES: It is indeed the same one, a gentleman I happened to make acquaintanceship with in the '70s. At any rate, all of these people were accumulated in this room, and they were shown a video and a slide presentation of all of the evidence of their wrongdoing, and they were offered an opportunity that you could either step up and sign away your money and pay a reasonable amount for each transaction that you did illegally and improperly, or you can walk out of here and get prosecuted and go to jail because what you did is criminal. Every single person in that room stepped and made a deal. www.writebyte.net/Files/20100802-Hodges-Transcript-of-Proceedings.pdf
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Post by John Winston Lennon O'Boogie on Feb 10, 2015 9:36:44 GMT -5
The Court addressed and pointed to the Broad case, 11 which is right on point here. It's the same case. It's 12 money put in trust, and the Ninth Circuit decided that the 13 investors didn't have a property interest in those trust 14 funds. That's the case here. The funds are held by a 15 private company, not the federal government. That came out 16 at the last hearing, and it's still the case. The 17 government doesn't have any control over the trust funds of 18 a private company.
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Post by John Winston Lennon O'Boogie on Feb 10, 2015 9:37:38 GMT -5
In that regard, the plaintiffs contend that the government has taken those funds when in fact they are in the custody and possession of a private company.
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Post by Brigantine on Feb 10, 2015 9:45:04 GMT -5
The quote above was actually posted in response to reading Old Pro's thread on Millionaire's board. People are constantly asking for clarification. Al's statements above, made in open court, come about as close as we are going to get to clarification.
Since then, he has stated in no uncertain terms, that we will be paid when we have a safe banking system, so they can't just steal it back away from us. Those are apparently the terms of release of the resulting trust.
I don't know why this is so hard to understand. The bad guys, you know, the ones with all the money, are still doing battle to prevent the new system. I've said this before, several times. If you are interested in helping to finish this, get active. Pursue the bankers. Pursue a just banking system. Pursue cleaning up our electoral system. Write letters, make phone calls, be a thorn in their side until we have our watershed event. The truth is, without that, we may never get paid. Because if the bad guys manage to keep their corrupt ways intact, we are lost.
I just don't understand what is so bloody hard to fathom about that. The choice is clear. Sit on your arse whining and complaining or get out and do something about it.
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