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Re: A new Global Economic Restructure in 2012 [Re: Elle] #155695
09/02/13 02:07 AM
09/02/13 02:07 AM
E
Elle  Offline OP
Active Member 2019
Died February 12, 2019

2500+ Member
Joined: Dec 2008
Posts: 2,536
Canada
NEIL KEENAN UPDATE: KEENAN GROUP CLOSES IN ON THE CABAL
http://jhaines6.wordpress.com/2013/09/01...cabal-2-videos/

Quote:
Ø Global security force lines up to close down the corrupt elite

Ø A new International Court takes shape, backed by 90% of United Nations member countries

Ø Not just a PR show court, but licensed, legitimate, and enforceable

Ø The final pieces fall into place: control of the assets; 173 nation alliance; a powerful global security force…and the rule of law

by Michael Henry Dunn

September 1st, 2013 – From the outset of Neil Keenan’s trillion-dollar lawsuit against the corrupt Western banking elite and bloodline families, the scoffers asked, “Who could ever enforce a judgment? And what duly authorized international policing entity could provide the global muscle needed to actually shut down this all-pervasive web of influence, which is woven into every power structure, be it financial, political, military, educational, agricultural, or pharmaceutical? And where will the funds come from to back this massive effort?”

Welcome to the end game.

The latest word from The Keenan Group is that the legal basis, the financial leverage, the enforcement/security apparatus, and the cooperation of the global community needed to bring the fight for freedom to a close are now coming into alignment.

Those spearheading this fight have known for decades that only a slow and careful undermining of the cabal’s foundations would ultimately remove this global cancer, that violent revolutions are a tragic mistake – that such bloody convulsions have been, in fact, the elite’s favorite tool of control for centuries, creating the chaos that has allowed them to seize ever tighter control of humanity in the name of “order.” As David Wilcock recently pointed out, the fall of the Soviet Union seemed to happen overnight – but it had been carefully planned for decades by Russian patriots, who painstakingly removed the props of power beneath Bolshevik hegemony over years of quiet planning. Violent revolutions almost always result in chaos and greater tyranny. Storming the Bastille was no doubt a glorious experience for the oppressed people of France, but it led directly to the Reign of Terror and the ultimate rise of Napoleon, while the Rothschilds played both sides against the middle to amass mind-boggling wealth – and the foundation of their long-term plans to control the global banking system.

It would appear that the Keenan Group’s meticulous undermining of the corrupt oligarchy – the penetration of their operations, the hacking of their accounts, the careful crafting of alliances, the establishment of authentic legal mechanisms for their arrest, the assembling of a legitimate security force – and most importantly, the restoration of the stolen wealth of the nations to a globally sanctioned guardianship – are now almost all in place. It all comes back to the Accounts. The elite’s fraudulent mirroring of the Global Collateral Accounts might be compared to the Ring of Power in Middle Earth. When it was destroyed, the founding malice of the Dark Tower simply disintegrated, and the seemingly impregnable fortress slid to the earth, a pile of rubble. When The Keenan Group’s final moves to control the assets are made, we can expect the fraudulent foundation of the fiat currency empire to vanish with startling speed. The allied ancient clans of Asia have joined forces with Mr. Keenan in the wake of his recent meetings with the influential Count Albert Chiang in Hong Kong, and The Keenan Group’s plans for controlling the assets are well underway.

The exact nature of the global security forces that will hunt down and arrest cabal leaders and operatives may not now be revealed, for obvious reasons. Mr. Keenan is deliberately vague on this point in the video message taped yesterday. He will leave it to the cabalists to wonder which faction has turned against them, which intelligence operatives are actually moles, which elements of Interpol, or MI6, or CIA, or the NSA, or the Russian FSB, or NATO, or the Pentagon are actually freedom fighters, which well-bribed judge has had a crisis of conscience, which Mossad tough guy finally had his fill of Zionist slaughter in the name of Bilderberg profit…or which White head-of-state may be waiting for the moment to take a chance on the victory of humanity. To these courageous ones may be added the thousands of timid and terrified cabalist mid-level operatives who will turn state’s evidence with a vengeance…once they see a prominent global elitist hobbling through a “perp walk” in ankle bracelets. They may already be collecting evidence to offer in exchange for their lives or their freedom, as they see their escape routes disappear.

Meanwhile, the shape of the new International Court of Human Rights is becoming clear. Neil Keenan arranged for this writer to have an extended interview yesterday with an international lawyer/jurist who is helping to establish the nature and standing of this new court – a global human rights court which is already licensed in a free country belonging to the non-aligned movement. This distinguished judge has been working closely with Mr. Keenan for the last two years. The aftermath of the cabal’s fall will entail a crying need for an untainted, globally recognized international court, possessing a solid legal foundation, effective jurisdiction world-wide, and most importantly, swift enforcement mechanisms to see that justice is done.

The so-called international courts of justice now in existence are (as may be expected) globalist frauds. The International Court of Justice, The International Criminal Court, The European Union Human Rights Court, the Inter-American Court of Central and South America, the African Union Court all share the same fundamental legal flaws. Unlike an authentic court, they are not “courts of record” – in other words, the cases are not published, their database is not searchable, and the cases refused a hearing are not revealed. These courts were all established by treaties which require the consent of the accused party – in other words, a nation which may have committed human rights violations may simply refuse to participate in the treaty, thereby removing itself (as the U.S. has done) from the court’s jurisdiction.

In addition, these courts require that all legal remedies against the accused government should first have been exhausted before the court will hear the case. So if you have a million or so dollars to waste on processing a case through half a dozen layers of a corrupt and hostile judicial system, you may then have a chance – perhaps – to have a hearing in the international court.

Like so many cabal-designed institutions, these courts exist to thwart and prevent the very purpose which they were supposedly founded to accomplish. The World Bank was created to eliminate poverty – it has dedicated itself to expanding impoverishment amid crushing global debt. The United Nations was supposedly created to protect the sovereignty of all nations through global peacekeeping – little need be said on that score. And the international courts exist largely to create officially sanctioned sink-holes where human rights abuse cases go to die.

The new court now taking shape is markedly different. Firstly, it is not established by treaty (as with the fraudulent present courts whose jurisdiction may be escaped by gross offenders simply by withdrawal from the treaty), but by letters of agreement from the ministers of justice (or equivalent office) of the 173 countries (fully 90% of the membership of the U.N.) in the non-aligned movement who have joined forces to defeat the cabal, in which they commit their nations to honor the jurisdiction of the court. Secondly, it will be a fully established court of record, with all cases published, constituting the searchable database necessary for a living body of law to have legitimacy. Thirdly, it will proceed with its mission as a global human rights court on the basis of Common Law, and the body of international convention established in constructive contract law. Not the mysterious, phony NESARA or OPPT super-secret, backroom-deal, non-laws promulgated by internet fraudsters, but the accumulated precedents of centuries, open to the scrutiny of all, and duly published.

And for those global elitists who are smugly scoffing as they read these lines, thinking “yeah, come and get me, do-gooders – see if you can touch my money or my freedom!” – we have some startling news. As the court’s rules will be established on the foundation of contract law, they will function in cooperation with the International Chamber of Commerce, which by current U.N.-sanctioned treaty signed by nearly every country in the world (including the U.S.) allows for immediate collection through local mechanisms of any and all judgments, by means of wage garnishment, asset seizure, and all other appropriate means.

The Indonesian judges and other officials who are alleged to have illegally conspired to keep Martha Wibawa (called Nelu) in prison should take note. A complaint against them is being prepared, and their names are known. A window of time may remain for this situation to be resolved, but the complaint is proceeding.

Or again, the global elitist may simply cry, “I refuse to recognize the jurisdiction of your court!” Well, good luck with that one. The “shrink-wrap” precedent whereby software companies bind you to their terms of agreement when you tear the wrapping also applies here. What’s good for the cabal goose is good for the alliance gander – the elite put people in jail and seize their assets everyday on the basis of the precedents of consent by failure to appear, or recognition of jurisdiction through the act of response itself. The new court will apply the same precedent. There is really no way out of this one, boys and girls.

We are the world. And you are not.

And there is that little matter of the new global police force, soon to make its debut. As Mr. Keenan states in the accompanying video, this force will operate independently of the corrupt governments, will be funded from the Global Accounts, and guided by new international peace-keeping agreements aimed at establishing a safe arena for healthy competition for markets in a multi-polar world – one in which the absence of a deliberately created scarcity will make war a thing of the past. Once there is a million times more than is needed to sustain the planet – a rough estimate of the true wealth of planet earth – then the endless warring for resources may finally cease.

We’re not there yet. And the end game will have rough spots. There is much that cannot now be told. Keenan has aces up his sleeve. And always a song on his lips. This one’s straight and edgy and tells it like it is. “Matt G.” with the Best Anti-Illuminati/NWO Song of 2012 – “Broken Monitors.”

Pass it along to wake up a friend.

Michael Henry Dunn



Blessings
Re: A new Global Economic Restructure in 2012 [Re: Elle] #155723
09/03/13 04:44 PM
09/03/13 04:44 PM
E
Elle  Offline OP
Active Member 2019
Died February 12, 2019

2500+ Member
Joined: Dec 2008
Posts: 2,536
Canada
This is a pretty good presentation of the derivitive market, what the bank legal documents and government say if there is a bank failure, and the risk people take in leaving their money in the large banks.

Take Your Money Out of the Bank!

[video:youtube]http://www.youtube.com/watch?feature=player_embedded&v=M-2eJQqXm7s#t=736[/video]


Blessings
Re: A new Global Economic Restructure in 2012 [Re: Elle] #155765
09/04/13 11:43 AM
09/04/13 11:43 AM
E
Elle  Offline OP
Active Member 2019
Died February 12, 2019

2500+ Member
Joined: Dec 2008
Posts: 2,536
Canada
My comments: I missed this article which was dated in March of this year. We see that the BRICS are setting up a new banking system.

BRICS agree on $50bn IMF rival bank, ‘difficult’ details remain
March 26, 2013 10:47

http://rt.com/business/bank-rival-imf-world-852/
Quote:
The ‘big five’ of the developing world, the BRICS nations, have agreed to create their own version of the World Bank at their fifth annual summit, which kicked off Tuesday in sunny Durban, South Africa.

The five BRICS states agreed to establish the BRICS Development Bank, South African Finance Minister Pravin Gordhan said on Tuesday.

The move is linked to the developing world’s disillusionment with the status quo of world financial institutions. The World Bank and IMF continue to favor US and European presidents over BRICS nations, and in 2010, the US failed to ratify a 2010 agreement which would allow more IMF funds to be allocated to developing nations.

"Not long ago we discussed the formation of a developmental bank... Today we are ready to launch it," South African President Jacob Zuma said on Monday.


The ‘big five’- Brazil, Russia, India, China, and its newest addition, South Africa, come together for the annual conference this year in Durban, South Africa in hopes of establishing a new development bank which will fund infrastructure and development projects in the five member states, and will pool foreign currencies to fend off any impending financial crisis.

The BRICS have called for a reconstruction of the World Bank and IMF, which were created in 1944, and want to put forth their own ‘Bretton Woods’ accord. And they are serious.

"Brics is not a talk show. It is a serious grouping," Zuma told reporters at the presidential guest house in Pretoria.

The new bank will cater to developing world interests and will symbolize a great economic and political union.

“There’s a shift in power from the traditional to the emerging world. There is a lot of geo-political concern about this shift in the western world,” Martyn Davies, chief executive officer of Johannesburg-based Frontier Advisory, told Bloomberg.

“A future BRICS Investment Bank is seen as a mechanism that would help realize where money should go, agree development strategies and coordinate investment," explained Georgy Toloraya, the executive director of Russia’s national committee for BRICS studies to SA News.

In its nebulous stage, the new BRICS bank is unanimously supported by all five member states. In Durban, problems will arise on how to govern, fund, and operate the grand venture.

“When you set up a bank like this it’s not just a question of opening the doors. There are some issues about where it is going to be located, what the capital contributions are going to be, the rules of deploying that investment. These are the sort of details that are in various stages of discussion and negotiation,” said South African Trade Minister Rob Davies, in a statement.

The leaders may not reach a specific agreement in Durban this week, as each country has its own stipulations on its creation. Russia, for example, wants to cap each side’s initial contribution to $10 billion, according to Mikhail Margelov, part of President Putin’s team in South Africa.



Emergency Currency Fund
Pooling currency to deflect a future crisis is also a high priority topic set for the conference.

Once a loose political affiliation, the BRICS bloc is now a serious economic contender in the world economy, representing 40% of the world’s population, and accounting for one fifth of global GDP.

Between the five countries, the bloc holds foreign-currency reserves of $4.4 trillion, and needs an institution to safeguard this amassing wealth. The reserve will also protect members from short-term liquidity volatility and balance-of-payment problems.

Presently, it is proposed the member states contribute an equal share to the fund, but there is still dispute over whether to involve IMF management. India has voiced support for IMF involvement, but other BRICS countries may resist.

“A reserve pool, I think, is still some way off, ” said Davies.

In October, Brazilian Finance Minister Guido Mantega suggested the pool be modeled after the Chiang Mai Initiative, which provides a financial safety blanket to south east Asian countries.

Trade within the group swelled to $282 billion last year and could very well reach $500 billion by 2015, according to Brazilian government data.

Currency swap
Meanwhile, ahead of the official opening of the summit Finance ministers Lou Jiwei of China and Guido Mantega of Brazil signed a multi-billion currency swap agreement between their countries as the BRICS group works to lessen trade dependence on the US dollar and the euro.

Brazil's Mantega said the agreement involves using local currencies for up to $30 billion of trade with China, nearly half its annual $75 billion trade with Beijing.

"Our memorandum is a kind of umbrella agreement in the context of a closer relationship with China in the finance, economic, commercial and border areas," Guido Mantega said.

As the financial crisis continues to rage across the eurozone and the developed countries show little signs of growth, the World Bank says that global economic growth is increasingly dependent on the BRICS countries, which account for 27% of global purchasing power and 45% of the world's workforce.


Many Firsts
The conference is a benchmark of many firsts. It is the first time the conference has been held on South African soil.

For China, it is President Xi’s first visit to South Africa, where China is a leading trading partner and investor. In 2012, the trade between the two countries was 201bln ZAR ($21bln), according to the South African Revenue Service.


June 18, 2012. Delegation leaders from countries participating in the emerging economies association BRICS: Brazil's President Dilma Rusef, Russian President Vladimir Putin, Indian Prime Minister Manmohan Singh, Chinese President Hu Jintao and South African President Jacob Zuma (from left) at a photograph session during a meeting at the hotel "One and Only Palmilia" in Los Cabos, Mexico.(RIA Novosti / Aleksey Nikolskyi)

The conference is also President Vladimir Putin’s first international visit in 2013.

For South Africa, which makes up just 2.5% of total gross domestic product in BRICS, the summit is a way to showcase its role as an investment gateway to Africa. South Africa is the newest and smallest member of the BRIC bloc. It has the 28th highest ranked GDP in the world: China is 2nd, Brazil 6th, Russia 9th and India 10th.



Blessings
Re: A new Global Economic Restructure in 2012 [Re: Elle] #156013
09/11/13 01:09 PM
09/11/13 01:09 PM
E
Elle  Offline OP
Active Member 2019
Died February 12, 2019

2500+ Member
Joined: Dec 2008
Posts: 2,536
Canada
UPDATE 2-Poland reduces public debt through pension funds overhaul

http://www.reuters.com/article/2013/09/04/poland-pensions-idUSL6N0H02UV20130904
Wed Sep 4, 2013 12:56pm EDT
Quote:
* Reform moves bond assets from private to state fund

* Some equity assets to gradually move to state as well

* Changes seen reducing Polish public debt by 8 pct of GDP

* Funds say moves could be unconstitutional

* Warnings that private pension funds could be wiped out

By Dagmara Leszkowicz and Chris Borowski

WARSAW, Sept 4 (Reuters) - Poland said on Wednesday it will transfer to the state many of the assets held by private pension funds, slashing public debt but putting in doubt the future of the multi-billion-euro funds, many of them foreign-owned.

The changes went deeper than many in the market expected and could fuel investor concerns that the government is ditching some business-friendly policies to try to improve its flagging popularity with voters.

The Polish pension funds' organisation said the changes may be unconstitutional because the government is taking private assets away from them without offering any compensation.

Announcing the long-awaited overhaul of state-guaranteed pensions, Prime Minister Donald Tusk said private funds within the state-guaranteed system would have their bond holdings transferred to a state pension vehicle, but keep their equity holdings.

He said that what remained in citizens' pension pots in the private funds will be gradually transferred into the state vehicle over the last 10 years before savers hit retirement age.

The reform is "a decimation of the ...(private pension fund) system to open up fiscal space for an easier life now for the government," said Peter Attard Montalto of Nomura. "The government has an odd definition of private property given it claims this is not nationalisation."

Tusk said people joining the pension system in the future would not be obliged to pay into the private part of the system. Depending on the finer points, this could mean still fewer assets in the private funds.

"The (current) system has turned out to be built in part on rising public debt and turned out to be a very costly system," Tusk told a news conference.

"We believe that, apart from the positive consequence of this decision for public debt, pensions will also be safer."


MARKET FEARS
By shifting some assets from the private funds into ZUS, the government can book those assets on the state balance sheet to offset public debt, giving it more scope to borrow and spend.

Finance Minister Jacek Rostowski said the changes will reduce public debt by about eight percent of gross domestic product (GDP).

This in turn, he said, would allow the lowering of two thresholds that deter the government from allowing debt to raise over 50 percent, and then 55 percent, of GDP. Public debt last year stood at 52.7 percent of GDP, according to the government's own calculations.

The private funds hold assets worth about one fifth of Polish economic output and are among the biggest investors on the Warsaw bourse. Players in the pension market include international firms such as ING, Aviva, Axa , Generali and Allianz.

Bonds make up roughly half the private funds' portfolios, with the rest company stocks.

Soon after Tusk unveiled his plans, the benchmark index on the Warsaw stock exchange was down 2.6 percent on the day.

"This is worse than many on the markets had feared," a manager at one of the leading pension funds, who asked not to be identified, told Reuters.

"The devil is in the detail and we don't yet know a lot about the mechanism of these changes, what benchmarks will be use to evaluate our performance... (It) looks like pension funds will lose a lot of flexibility in what they can invest."

Polish officials have tried to reassure investors, saying the overhaul avoids the more radical options of taking both bond and equity assets away from the private funds outright.

They say the old system effectively made Polish public debt appear higher than it really is.


UNCERTAIN FUTURE FOR FUNDS
Poland has a hybrid pension system at the moment; mandatory contributions are made into both the state pension vehicle, known as ZUS, and the private funds, which are collectively known by the Polish acronym OFE.

The funds would effectively be left with only the equities portions of their assets, even this would be depleted, and there will be uncertainty about the number of new savers joining.

"This may lead to the private pension systems shutting down," said Rafal Benecki of ING Bank Slaski.

Policy in Poland is still much more prudent than in many of its European peers. However, the reform could erode Poland's reputation under Tusk for steady financial stewardship.

In the past few months, the opinion poll rating of Tusk's Civic Platform party has, for the first time in years, slipped below that of the main opposition, the conservative Law and Justice Party.

Though the next election is not until 2015, some analysts believe electoral concerns are already influencing economic policy and pushing the government to find scope for spending.



Blessings
Re: A new Global Economic Restructure in 2012 [Re: Elle] #156015
09/11/13 01:20 PM
09/11/13 01:20 PM
E
Elle  Offline OP
Active Member 2019
Died February 12, 2019

2500+ Member
Joined: Dec 2008
Posts: 2,536
Canada
Poland Confiscates Half Of Private Pension Funds To "Cut" Sovereign Debt Load
http://www.zerohedge.com/news/2013-09-06...reign-debt-load

Submitted by Tyler Durden on 09/06/2013
Quote:
While the world was glued to the developments in the Mediterranean in the past week, Poland took a page straight out of Rahm Emanuel's playbook and in order to not let a crisis go to waste, announced quietly that it would transfer to the state - i.e., confiscate - the bulk of assets owned by the country's private pension funds (many of them owned by such foreign firms as PIMCO parent Allianz, AXA, Generali, ING and Aviva), without offering any compensation. In effect, the state just nationalized roughly half of the private sector pension fund assets, although it had a more politically correct name for it: pension overhaul.

By way of background, Poland has a hybrid pension system: as Reuters explains, mandatory contributions are made into both the state pension vehicle, known as ZUS, and the private funds, which are collectively known by the Polish acronym OFE. Bonds make up roughly half the private funds' portfolios, with the rest company stocks.

And while a change to state-pension funds was long awaited - an overhaul if you will - nobody expected that this would entail a literal pillage of private sector assets.

On Wednesday, Prime Minister Donald Tusk said private funds within the state-guaranteed system would have their bond holdings transferred to a state pension vehicle, but keep their equity holdings. The funds would effectively be left with only the equities portions of their assets, even this would be depleted, and there will be uncertainty about the number of new savers joining.

But why is Poland engaging in behavior that will ultimately be disastrous to future capital allocation in non-public pension funds (the type that can at least on paper generate some returns as opposed to "public" funds which are guaranteed to lose)? After all, this is a last ditch step which no rational person would engage in unless there were no other option. Simple: there were no other option, and the driver is the same reason the world everywhere else is broke too - too much debt.

By shifting some assets from the private funds into ZUS, the government can book those assets on the state balance sheet to offset public debt, giving it more scope to borrow and spend. Finance Minister Jacek Rostowski said the changes will reduce public debt by about eight percent of GDP. This in turn, he said, would allow the lowering of two thresholds that deter the government from allowing debt to raise over 50 percent, and then 55 percent, of GDP. Public debt last year stood at 52.7 percent of GDP, according to the government's own calculations.

To summarize:

1.Government has too much debt to issue more debt
2.Government nationalizes private pension funds making their debt holdings an "asset" and commingles with other public assets
3.New confiscated assets net out sovereign debt liability, lowering the debt/GDP ratio
4.Debt/GDP drops below threshold, government can issue more sovereign debt

And of course, once Poland borrows like a drunken sailor using the new window of opportunity, and maxes out its new and improved limits, it will have no choice but to confiscate more assets, and to make its balance sheet appear better, until one day, there is nothing left in the private sector to confiscate. At that point the limit itself will have to be legislated away, and Poland will simply continue borrowing until one day there are no foreign lenders willing to take the same risk as the nation's private pensioners. At that point, Poland, which is in the EU but still has the Zloty, can just go ahead and monetize its own debt by printing unlimited amounts of its currency.

Of course, we all know how that story ends.

The response to the confiscation was, naturally, one of shock:

Quote:
The reform is "a decimation of the ...(private pension fund) system to open up fiscal space for an easier life now for the government," said Peter Attard Montalto of Nomura. "The government has an odd definition of private property given it claims this is not nationalisation."

"This is worse than many on the markets had feared," a manager at one of the leading pension funds, who asked not to be identified, told Reuters.

"The devil is in the detail and we don't yet know a lot about the mechanism of these changes, what benchmarks will be use to evaluate our performance... (It) looks like pension funds will lose a lot of flexibility in what they can invest."
Catastrophic consequences for fund flows aside, the Polish prime minister had a prompt canned response:

Quote:
Tusk said people joining the pension system in the future would not be obliged to pay into the private part of the system. Depending on the finer points, this could mean still fewer assets in the private funds.

"The (current) system has turned out to be built in part on rising public debt and turned out to be a very costly system," Tusk told a news conference.

"We believe that, apart from the positive consequence of this decision for public debt, pensions will also be safer."

You see, he is from the government, and he is confiscating the pensions to make them safer. Confiscation is Safety and all that...

Quote:
Polish officials have tried to reassure investors, saying the overhaul avoids the more radical options of taking both bond and equity assets away from the private funds outright.

They say the old system effectively made Polish public debt appear higher than it really is.

Well, once you nationalize private assets, the public debt will lindeed appear lower than it was before confiscation: we give them that much.

End result: "The Polish pension funds' organisation said the changes may be unconstitutional because the government is taking private assets away from them without offering any compensation.... This may lead to the private pension systems shutting down," said Rafal Benecki of ING Bank Slaski."

Unconstitutional? What's that. But whatever it is, it's ok - after all the public pension system is still around. At least until that too is plundered. But in the meantime, all such pensions will be "safer", guaranteed.

But best of all, in the aftermath of Cyprus, we now know what the two most recent European blueprints for preserving the myth of solvency are: bail-ins, which confiscate deposits, and pension fund "overhauls", which confiscate, well, pension funds.

And now, back to the global recovery soap opera.



Blessings
Re: A new Global Economic Restructure in 2012 [Re: Elle] #156089
09/13/13 11:58 PM
09/13/13 11:58 PM
E
Elle  Offline OP
Active Member 2019
Died February 12, 2019

2500+ Member
Joined: Dec 2008
Posts: 2,536
Canada
Gold and Silver Market Manipulation coming in the Open
My Comment : Bart Chilton, the commissioner of the CFTC(Commodities Futures Trade Commission) is suppose to prevent market manipulation in silver and gold. Well shamefully He was not very good at it.

In June 2012 two insider worker from JP Morgan bank whistleblowed to Chilton about how JP Morgan manipulated the market with heavy evidence. A year after, nothing much was done and Bart Chilton confess how shamefully the CFTC handle this investigation. http://kingworldnews.com/kingworldnews/K...mp;_Silver.html

Chilton said in the link above
Quote:
“I can’t appropriately express my frustration and disappointment with how we’ve handled the silver investigation.... And, as you know, I’m prohibited from actually saying much. That said, I will not let September go by without speaking out if the agency doesn’t do so.”

So we probably will see many information about the manipulation of the silver and gold market in the news these coming days.

Chilton gave a big speech today and it can be read in its entirely at the CFTC website here : http://www.cftc.gov/PressRoom/SpeechesTestimony/opachilton-94
Here's a partial quote of that speech :
Quote:
The Brutality of Reality
“How about the re-al-i-ty of what you guys and others are trying to do? I’m talking about Average Joe end-users who are simply trying to hedge their legitimate business risks–whether it’s corn or beans; aluminum, silver or gold; nat gas or crude oil. The brutality of today’s reality is that these markets are so divorced from how they have operated historically–due in part to the Massive Passives and the cheetahs–it might seem like The Surreal Life. But, we aren’t being Punk’d. This is The Real World. That is, unless we do something.”

“The point of all this is that we are faced with a new reality ourselves–our financial world is a Shark Tank. There are more and more violations of the law occurring, and we aren’t equipped to deal. The bam-ba-lam bad norms in the financial sector seem to be commonplace.”

“The most disturbing part of this is that it is still nearly impossible to figure out exactly what banks own.”

“It’s time for an Intervention. Congress should not only do away with the statutory exemption that has been used by Goldman and Morgan, but also do away with the ability of the Fed to allow any commodity-related ownership by the banks whatsoever.”

“For those paying attention, there will likely be more cases filed by the CFTC in the next few weeks than we’ve seen in a long time. Stay tuned.”


Blessings
Re: A new Global Economic Restructure in 2012 [Re: Elle] #156115
09/14/13 08:26 PM
09/14/13 08:26 PM
J
James Peterson  Offline
NON-SDA
Active Member 2019

Dedicated Member
Joined: Jul 2013
Posts: 1,195
Canada
All this that you write has nothing to do with the "Elijah message".
....
..

Re: A new Global Economic Restructure in 2012 [Re: James Peterson] #156120
09/14/13 10:53 PM
09/14/13 10:53 PM
E
Elle  Offline OP
Active Member 2019
Died February 12, 2019

2500+ Member
Joined: Dec 2008
Posts: 2,536
Canada
Originally Posted By: James Peterson
All this that you write has nothing to do with the "Elijah message".
....
..
And what is the "Elijah message" according to scriptures?


Blessings
Re: A new Global Economic Restructure in 2012 [Re: Elle] #156123
09/15/13 01:07 AM
09/15/13 01:07 AM
J
James Peterson  Offline
NON-SDA
Active Member 2019

Dedicated Member
Joined: Jul 2013
Posts: 1,195
Canada
Originally Posted By: Elle
Originally Posted By: James Peterson
All this that you write has nothing to do with the "Elijah message".
....
..
And what is the "Elijah message" according to scriptures?

"Behold, I will send you Elijah the prophet
before the coming of the great and dreadful day of the Lord:
And he shall turn the heart of the fathers to the children,
and the heart of the children to their fathers
."

Mal. 4:5-6
...
..

Last edited by James Peterson; 09/15/13 01:07 AM.
Re: A new Global Economic Restructure in 2012 [Re: James Peterson] #156124
09/15/13 01:22 AM
09/15/13 01:22 AM
E
Elle  Offline OP
Active Member 2019
Died February 12, 2019

2500+ Member
Joined: Dec 2008
Posts: 2,536
Canada
Originally Posted By: James Peterson
Originally Posted By: Elle
Originally Posted By: James Peterson
All this that you write has nothing to do with the "Elijah message".
....
..
And what is the "Elijah message" according to scriptures?

"Behold, I will send you Elijah the prophet
before the coming of the great and dreadful day of the Lord:
And he shall turn the heart of the fathers to the children,
and the heart of the children to their fathers
."

Mal. 4:5-6
And what is the great and dreadful day of the Lord?

And what does it means to "turn the heart of the fathers to the children, and the heart of the children to their fathers"


Blessings
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