Month: April 2013

Matt Taibbi: Everything in the Financial World is Rigged

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Great stuff.

TRUTH SEEKER1313

Illustration by Victor Juhasz

Illustration by Victor Juhasz

By Matt Taibbi, Rolling Stone – April 25, 2013

http://www.rollingstone.com/politics/news/everything-is-rigged-the-biggest-financial-scandal-yet-20130425page=4#ixzz2RXlcikKA

Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this out in recent months, when a series of related corruption stories spilled out of the financial sector, suggesting the world’s largest banks may be fixing the prices of, well, just about everything.

You may have heard of the Libor scandal, in which at least three – and perhaps as many as 16 – of the name-brand too-big-to-fail banks have been manipulating global interest rates, in the process messing around with the prices of upward of $500 trillion (that’s trillion, with a “t”) worth of financial instruments…

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RadioLive talkback radio, great stuff..

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Recently I have been on the ‘airways’ at RadioLive in New Zealand. An extremely popular talkback station with over a million tuned in each week. Pretty big for New Zealand. Talk-back in a sense is regarded as the first form of ‘social media’ in many respects. The ability to informally engage in two-way communication and somewhat anonymously. The topics as you would expect are usually mainstream current affairs news. Particularly political banter.

Some big news for New Zealand has been the same sex marriage bill successfully introduced by Labour MP Louisa Wall. From what I have heard the main opponents have been for religious reasons, citing Bible translations, however if you have been fortunate enough to read my Holy Grail article you will understand my concerns with this argument. Importantly the impact on how any children adopted or born in vitro to a same sex relationship or parents, has also been a debate of concern. How will they fair at school with school mates who may tease them because of the ‘parental’ relationship? Will the child(s) have a tendency to also be gay etc. Generally in defence of this argument the comments suggest that the main thing is that the child(s) is loved and cared for properly and not abused by parents, which as we know happens in a so called ‘normal’ (Man/Woman) relationship.

On 25 April each year New Zealand and Australia have a national holiday called Anzac Day. This in many respects is not fully understood , but mainly we express sincere gratitude for those many ‘excited’ young men who went to war for the ‘motherland’ – Great Britain, and either lost their lives or returned physically and mentally scarred for life. There has been heated debate as to the real reasons these strong healthy young men gave their lives willingly or unwillingly? Many saw it as an adventure or a great opportunity to visit far away lands, they were young and naïve. The question for me is, what is the cause of this on-going war lunacy? Is it pure ‘human nature junky adrenalin stuff’ ? Have we been instructed by a minority (Government) who themselves have been misled by an obscure bunch of self-centred economic misfits or control freaks? There was recently a very interesting article in the NZ Herald by Dean Parker. Which pretty much sums up what the surviving soldiers gut feelings about war were, who was really responsible (the real scoundrals) and a system of unity unanimously voted in that would never see such human sacrifice again, a democratization of wealth. At one point when the Brigadier demanded a cease of meetings or proceedings he was out-voted 600-1. If you have had the time to read my Holy Grail article you may further understand what is really going on. I also previously wrote an article about who ‘The Crown or Crown Law’ really is and what they represent. The suppression of advanced technology capable of rendering nuclear weapons obsolete has also been presented. Each of these articles present compelling evidence that the world is run by a secret society of control ‘misfits’.

The Dean Parker article talks about the “Forces Parliament in Cairo 1943/44” that took a very ‘socialist viewpoint’ to politics and literally decided to encourage community rather than privatisation or capitalism. Many Americans, who regard themselves to be the supreme democracy with very strong capitalistic bias would I suspect cringe at the arguments presented by the “forces parliament”. But, in the old model of Athenian democracy ( many would argue the true meaning of democracy ) everybody participated actively in voting and had access to political offices.This effectively expressed the substantial equality of everybody.  I for one, can reason with the proposals and understand that we really are intelligent enough to move up and beyond ‘dictatorship’ or perceived as being corrupt such as Queen, President, Pope, Prime Minister or Corporate obscurity. I don’t agree with the left/right political mis-direction or banter but more with that great scholar Plato. He obviously doesnot mean a promissory note society. Quote from Wikipedia :

“Until philosophers rule as kings or those who are now called kings and leading men genuinely and adequately philosophise, that is, until political power and philosophy entirely coincide, while the many natures who at present pursue either one exclusively are forcibly prevented from doing so, cities will have no rest from evils,… nor, I think, will the human race.” (Republic 473c-d)

A Capitalistic regime here in New Zealand – The National Party – continues down the road of selling national assets in what they term privatisation, where large Power Companies like Mighty River Power and Charter Schools policy are hot topics, for those with time. Privatisation will certainly ‘strangle’ complete control and benefits to New Zealand ‘debt’ payers, where much of the profit (and less responsibility) will go offshore instead of being retained in New Zealand. While that may seem an obscure comment to an offshore reader, we really have an enormous amount of our own debt crisis to sought especially with the Christchurch re-build, which as previously predicted here, has blown the budget out another 10 billion dollars reported by TVNZ News .  The current account deficit is ‘exploding’ out of control, listening to a RadioLive interview with Journalists, that exceeds something liked 200 billion dollars that New Zealanders owe to Central ‘printing press’ Banks. I don’t think  putting people into so much debt will stop a rebellion at some stage, but maybe this is what is planned? The FEMA camps in USA mabe a sign of impending gloom? The Americans share information through Social Media channels better than most other western countries, so it makes sense to repress them initially or to prepare to do so as they discover the truth of past misdemeanours and back door deals that actually work against them, disguised by the divide and rule money supply chain. National is the current New Zealand parliament majority with support by Act member John Banks – currently the subject of a citizen prosecution and United First Peter Dunne. A so-called democratically voted government which has the power to ignore changing consensus public opinion.

If you want to read a relevant article that relates to ‘privatisation outcomes’ , I suggest, the David Wilcock Financial Tyranny article. David provides research evidence that most of the biggest corporations owned on the planet are collectively owned by very few. Check it out later, its quite a read.

It could be time for Online instant Referendum voting. That way a true mandate can be obtained. The old system of three years in Power is questionable in an age of broadband internet. All Bills could be followed and argued by the nation before then getting a online vote from registered users. A form of Political “Social Media”, certainly a transparency out of the ordinary but in line properly informing the people.

The Labour Party supported by The Green Party  recently announced a highly debated upcoming election policy of effectively nationalising the Electricity assets such as Mighty River Power by proposing a central price control mechanism to be called New Zealand Power. I suspect that this has generated a shift in thinking for many voters who supported National at the last elections.

We have a globalisation medium now with the Internet where we can connect and learn from our mistakes and hopefully from history, I have alluded to the global grid concept used by the ancients in an earlier post and I am now more convinced that we need to rather than be ignorant, be assured that we can really appreciate the lessons of these conflicts, history and progress to an accepted universal standard.

I leave the final words to the murdered Libyan Leader, Gaddafi – who makes some valid remarks in this announcement.

Are we giving “too big to fail” banks $83 billion a year?

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Great information from USA

Policy Interns

The short answer is: maybe.

On Wednesday, during the Senate Banking Committee hearing, Senator Elizabeth Warren grilled Federal Reserve Chairman Ben Bernanke on the $83 billion implicit subsidy that big banks receive from low interest rates. That night, Fox Business News’ Gerri Wilson misquoted the figure, expressing outrage over the “$83 trillion dollars, you know, I can’t get over that number.”

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Both women were alluding to the $83 billion figure calculated by the Bloomberg View’s editorial team last week. This “too big to fail” (TBTF) subsidy refers to the advantage that big banks receive in borrowing because creditors assume the government will bail them out should they fail.

As the debate over how to address risk in the financial system continues, the question over the existence and the size of this subsidy will doubtlessly be revisited time and time again. Understanding the rationale behind these figures is important for informing…

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The Armenian Genocide – 98 Years Later – Proof & Evidence of Cowardice Behavior By The Turks

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An informative article. Congrats for your efforts.

Talin Orfali Ghazarian

For the past 17 years in a row, I have attended the Armenian Genocide Commemoration Protests in Canada’s Capital Ottawa, but this year I could not attend due to personal reasons that I missed out this year, however throughout the day I had friends update me on what is happening in Ottawa for the April 24, 1915 Armenian Genocide Commemoration March from Parliament Hill then Marching to the Turkish Embassy to keep me in the loop.

Little did I know that in the history of My Attendance in Ottawa for the Armenian Genocide March went into a total new twist and for the first time ever Turkish people that showed up at their Embassy celebrating the Armenian Genocide by killing 1.5 Million Armenians By raping, hanging, and doing so many terrible things to Armenians, evicting them out of their homes, making them walk in the dessert when they got tired…

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