Financial Pain Brings Bankers’ Gain

Financial Pain from Our Friends the Bilderberg Group

At the latest Bilderberg meeting in May of 2009, the global elite, (I call them demons in human bodies) set the world stage for the upcoming year. They admitted among themselves that we are in a global depression and headed into imminent economic and financial disaster. Their immediate plans for the world were simple: to use their mouthpiece, the media, to deceive the dumbed-down masses into believing that we are in a recovery, thus setting up the public for searing financial pain in the months ahead. Let’s look briefly at financial and economic condition of the United States and the pain ahead, then switch gears and look at their plans to profit from our pain.

Poverty and Unemployment Woes

We are now in the middle of that searing financial pain. For example, there are currently 92 million Americans or 30% of our population, living 200% below the federal poverty level. That’s right, 200%, not 100% below the federal poverty level. Why? How did this country reach that abysmal condition in so short a time? Our economic downfall started long ago, but these demons accelerated the process in 1994 when they put the North American Fair Trade Agreement (NAFTA) in place. In 16 short years they have succeeded in shipping all of our good jobs overseas.

Now, with no economy left, we are experiencing massive unemployment and the bottom still isn’t in sight. The cooked government unemployment number stands at 9.7%, but the real number (the U-6 number) is somewhere between 21% and 26% according to John Williams’ Shadow Stats. I personally believe the actual number is over 30% and rising. As an interesting side note, the government just refigured the 2009 job loss numbers and found an additional 1.36 million more jobs that were lost in 2009 than were originally reported. No big deal - - just a minor mathematical error.

Amidst the pain are another nine million home foreclosures coming, while the banks (zombie banks) holding these bad loans still carry them on their books as good loans. They don’t want to declare the bad paper because the bank would then have to admit insolvency and shut its doors. Consequently, there are multitudes of home owners across the country that haven’t made a mortgage payment in well over a year but are still living in their homes. We also have 38 million Americans on food stamps. In addition to that, one person in five in the US can’t afford to buy proper food for their families. Most of the homeless shelters in this country are overflowing and tent cities all around the country are growing at an alarming rate. This is real financial pain.

Baltic Dry Index Down Again

The Baltic Dry Index is an index that tracks global shipping of goods and products. It is probably the best real indicator of the true condition of the world economy. The Baltic Dry Index was down 40% in 2009 over 2008, and the 2008 number was down over 90% of the 2007 number. To put it in perspective: in 2009, 1,400 ships left all the ports in the world headed for other ports in the world. Doing the simple math, that’s 116 ships per month or less than four ships per day. Think about it; four ships per day carrying goods and products to 6.5 billion people around the globe. The world economy, (excuse the pun) is literally dead in the water.

Commercial Real Estate Headed for the Rocks in 2010

The financial meltdown is feeding on itself and accelerating almost everywhere in the world, especially in the United States. As I looked at the real estate graphs nine months ago, the height of the defaults on the Prime mortgages, the Alt-A mortgages, the Option Adjustable Rate mortgages (ARMs), and Commercial Real Estate, peaked around the summer of 2013. Now, because the banks have tightened their lending restrictions and so many people have lost their jobs, and the banks are not lending to anyone anymore, the situation has become more desperate and dire than anyone could imagine just a year ago. Now the peak for the defaulting or blood-letting from these four monster mortgage categories has moved up to early in the first quarter of 2012. It is coming with a vengeance and nothing can stop it, not even a series of tourniquets wrapped around every limb. We’re dead, waiting for the coroner to arrive with his notebook.

Concerning the real estate meltdown, I watched Elisabeth Warren, the Chairman of the Congressional Oversight Panel, being interviewed on MSNBC last week. I was rather shocked at what she was saying about the Commercial Real Estate market, indicating that it was going to be a huge problem in 2010. She stated that by the end of 2010, the data indicates that over 50% of the Commercial Real Estate properties in the US will be under water (meaning that the real value of the property would be worth less than the mortgage value). She then went on to explain that this would affect over 3,000 community banks (40% or all the banks in this country) which primarily loan money to small businesses and do commercial lending. She gave no solution to the problem. It is going to happen. What will happen when 3,000 banks go under? Warren also criticized the credit card companies and the banks for making over $100 billion off the American public last year through credit card tricks, bogus fees, traps, interest gouging, and fine print. I was a little surprised a bit of the truth was actually aired over a major media.

More Varieties of Financial Pain

Another side effect of unemployment, foreclosures, bankruptcies, and overall poverty is that state and federal tax revenues are way down. States are now finding it impossible to meet their budget obligations. For example, California is now facing a $20 billion shortfall along with seven other states, and all are on the verge of bankruptcy. An additional 38 states are lined up behind them to drop into the abyss. The public pension funds have also been decimated since the beginning of the meltdown in the fall of 2007, being $2 trillion in the red. For the first time ever, the Social Security fund will be in the red in 2010, and that was not supposed to happen for another 10 years. Unemployment is at 54% among college graduates, and they have nowhere to go except into the military. That is why all the branches of the military have filled their quotas for 2009, which is the first time that has happened since the Viet Nam War era. More baby boomers are taking early retirement than ever before because they have either lost their jobs and can’t find another one, thus adding to the already burdened down Social Security coffers. Retail sales in this country are so bad now that even Wal-Mart had to lay off 12,000 workers and has closed 13 of its US stores. When Wal-Mart starts going down you know the end is near.

Where Are We Headed?

Where is all this searing financial and economic pain headed? Do our leaders have any intention of stopping it? Can they stop it? Is there any hope for a recovery or turnaround? Can the effects of NAFTA be reversed so that we can regain the millions of jobs that the big boys shipped overseas? The answer to all these questions is “NO”. Nothing can be done to reverse the process. We are headed into the greatest depression of all time and there is no stopping it. This is all happening by design, and we have the New World Order people to thank for it. After all, they want to eliminate 85% of us “worthless eaters” anyway, so what is happening now fits perfectly into their demonic plans.

Bankers’ Plan for Gain

Now that we have briefly looked at the world of searing financial pain for the masses and its logical outcome, let’s take a brief look at how the bankers and global elite have made provision for themselves to profit from our continuing devastation. In the first sub-prime meltdown, when Fannie Mae and Freddie Mac collapsed and had to be bailed out by the government, they handed over $180 billion in taxpayer money to the two mortgage giants. Then AIG was bailed out, and $62 billion in bailout taxpayer money went secretly to counterparties through the back door. Goldman Sachs was paid 100 cents on the dollar to be made whole in that midnight heist. When the big banks were bailed out, over $2 trillion funneled through the hands of Hank Paulson, then Secretary of the Treasury into the banks. When asked where the $2 trillion went, Paulson said he didn’t know.

Planning Ahead Always Pays Off

Now Wall Street and the bankers are setting themselves up for the second, much greater hold-up. While they have divided hundreds of billion dollars in bonus money thus far, as the country in dying a fast and agonizing death, they are setting themselves up for the next semi load of profits and bonuses. At the end of December, 2009, the Treasury announced that this time there will be $4 trillion available for the next round of bank bailouts. Of course they stated that the money probably won’t be needed since we are out of the recession now and in a recovery, but it is there just in case. Then they lifted the $200 billion cap on Fannie Mae and the $200 billion cap on Freddie Mac even though they said that the money probably won’t be needed there either, but it is there just in case. How thoughtful of them to be concerned for the welfare of their poor, struggling bedfellows. Then when things were getting pretty tough on Capitol Hill, or should we say “Capital” Hill, and China was not buying our Treasuries any more for fear of the collapsing dollar, the Fed, to camouflage their own back door buying of Treasuries, created the bogus “Household Sector” to buy $704 billion in Treasuries in 2009. The Household Sector made a very poor showing in 2008, however, purchasing a mere $15 billion that year.

The SEC – The Big, Bad, Blind Policeman

Another dark arm of the super rich is the Security and Exchange Commission (SEC). The SEC just passed a resolution that they can suspend redemptions of mutual funds any time they want when certain conditions warrant it. That means that they can arbitrarily refuse to give you your money if you want to cash in your mutual funds, and there is nothing you can do about it. Perhaps they know something about what is coming and they are not telling us? Mutual funds are over half the money in the stock market, so that is a pretty big chuck of money to sit on when John-Q-Public might want to cash some of his mutual funds to pay his light bill or do something frivolous like buying food for his family. In fact, in every mutual fund prospectus it states, as a disclaimer, that if there is a run on the mutual funds and they run out of cash, they can pay you in “kind.” Kind is any kind of paper like stocks, bonds, equities, securities, anything they want to give you other than cash. If you want to turn any of those kinds of paper into cash, you have to find a buyer on the street.

That’s not all the SEC did to help us. They are also fighting government corruption. The SEC just ruled that Secretary Treasury Timothy Geitner and the compassionate people from AIG do not have to reveal the counterparties in the AIG bailout until 2018. Kind of gives you a warm fuzzy, doesn’t it? Besides, as we mentioned about the Depository Trust and Clearing Corporation (DTCC) and its six subsidiaries before, the SEC is the official regulatory body or “policeman” for the entire conglomerate which is owned by the Federal Reserve System. The SEC has a fabulous track record of catching scam artists and criminals. Even Bernie Madoff was shocked that they didn’t catch him until they did. That is not surprising at all, however, considering that the SEC is a “house cat” on the Fed payroll and is paid to look the other way when one of their own does something less than exemplary.

The DTCC – Their Next Money Grab

As I explained in a previous article, the existence of the Depository Trust and Clearing Corporation (DTCC) is probably the most well guarded secret in U.S., even surpassing the real truth about the Fort Knox gold that isn’t there any more. The DTCC and its six subsidiaries were established in 1973 as a clearing house for every financial transaction is the US, Euroland (of course, the EURO CCP [one of the six DTCC subsidiaries] didn’t exist back then) and over 100 foreign countries. In the year 2009, the DTCC handled over $2 quadrillion dollars of transactions. Rather mind boggling. I was having trouble contemplating trillions, but quadrillions is other-world stuff. Now here is the set up, and here is how they have set you up. Until January 2009, a person could hold a physical stock certificate, bond, equity, etc., an actual piece of paper in your hand as proof you “owned” something out there in the financial realm.

After January 1st, 2009, that transaction was changed to electronic only with your name by it, and you are officially now into cyberspace. Then, without anyone’s permission it was switched from your name to your broker’s name or the brokerage firm’s name. So now your name has been once removed, and you are not even in cyberspace anymore. Then without anyone’s permission it was switched to a company called Cede & Co., which happens to be a subsidiary of the DTCC, and your money is now parked in the DTCC money pool along with every else’s. Now your name has been twice removed from your money. Who owns the DTCC and its six subsidiaries? The Federal Reserve System - - a private group of bankers, brokers, insiders, and global elite who are in the process of destroying the known world while they tell you “They’re doing God’s work.” Rather comforting? We must question who is their god? You must realize that at any time they want to engineer the ultimate money grab in the name of national security or war or any other bogus excuse they decide to spawn, they can take your money or freeze it indefinitely, and you can neither say, nor do anything about it. The Fed officially and legally owns every red cent in the DTCC money pool.

Now for the latest news on the DTCC and the plans these demons in human bodies have for your money. In an article by Tyler Durden, entitled “Enter Cede & Co. II; The Fed is Now Backstopping $25 Trillion in DTCC Cleared Credit Default Swaps,” he explains what the Fed’s next move is to insure that their crowd will be thoroughly healed when they make their next giant casino Credit Default Swap (CDS) moves. The article states, “The Federal Reserve Board had approved its application to establish a DTCC subsidiary that is a member of the Federal Reserve System to operate the Trade Information Warehouse (Warehouse) for over-the-counter (OTC) derivatives.” In other words, the Federal Reserve through its DTCC Warehouse is now the guarantor for all the CDS transactions that clear via the DTCC, up to $25.5 trillion. So when the next meltdown of an AIG or a Lehman Brothers or a Bear Stearns occurs, and these sleaze-bag bandits in high places lose their shirts on the Credit Default Swaps, guess whose money they will pilfer and pocket? You guessed it - - yours - - in the DTCC money pool. And don’t think they will stop consuming at a measly $25 trillion. Once they have their paws in the door and are bellied up to the trough, they will keep gorging themselves until it’s all gone.

Secret Banker Meeting in Sydney, Australia

During the week of February 8th thru 11th, of 2010, 24 of the biggest bankers in the world met for closed door secret meetings in Sydney, Australia. These were the most highly guarded secret banker meetings ever held on the planet. The place where they met was cordoned off by the military one mile on all sides of the building. While the meetings were taking place, F-18s and F-22s were flying air cover over the building. Nobody even knew for sure who the bankers were who were attending the meetings. What were they discussing? Why the military presence on the ground and the fighter cover in the air? Is the end of the global financial system imminent? Were they talking about the collapse of the dollar? Or were they discussing martial law? Or how to plan their escape into the two mile underground cities when the civil war and the rioting starts? Were they cooking up new schemes to rob us all? Or were they planning how to suck every dollar out of the DTCC while we are still asleep? We will probably never know the answers to these and a multitude of other questions until after it happens. But one thing is certain – this is not a good sign for us.

Conclusion – What to Do?

It is obvious that the searing financial pain that we are experiencing will not go away. It will only intensify. No one even wants to talk about the horrible consequences ahead for our country. It is also evident that these demons in human bodies will not stop their pillaging until they have sucked every last dollar from your pocket and you are dead in the street. They are on a desperate mission because their time is short. The dollar collapse is imminent. They have no intention of saving the dollar as they want to form the North American Union and issue the Amero to replace the dollar. The only thing you can do is get out of their scam financial system and out of dollars and dollar denominated investments as soon as possible. Remember, all your electronic investment money is in the DTCC and the Fed owns it all. You own nothing except what is in your hand in tangible form. Possession is nine-tenths of the law. Be prepared. You should buy at least six months to a year’s worth of food for you and your family. Convert whatever money you want to preserve into gold and silver and get on the sidelines as soon as possible. Time is running out very fast. The bankers have just planned their strategy in that secret banker meeting in Australia behind closed doors, and you better get out of their way while you can. From this point on, literally, anything can happen.

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