Stacy Summary: A week or two ago I posted a piece by Frank Rich regarding the absence of justice. I think the headlines today show the consequences of zero justice for the financial fraud and the bankers that committed the fraud. Back to business as usual, as the first article points out, so one can only expect the next crash down will be even bigger . . . and by the end I imagine the population at large will have meted out the justice that Government Sachs / Obama Admin refuses to.
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@juergenwahl … “Since the Bilderbergers are advocating total world population of no more than 275 million souls (versus the current 6 billion) an elitist solution will not likely be favourable to the average Joe or Jane”
With any luck, the world ppulation might be reduced to only 2,750 people .. the Bilderbergs !
Guess what … then they’ll HAVE to work for a living !
@Dedo … “.goody gumdrops!”
LOL, I haven’t heard anyone use that expression for over 50 years !
@sharon … ” I live on a hill in the middle of England ”
You “that” hill ? … gonna get pretty crowded there !

@Brandon … ” CIT is very likely to file Chapter 11 tommorow.”
You know they always do these things on a Friday … so that they can do secret deals over the weekend !
i.e.
Share-price Monday = 0
Oh and BTW, we just bought them on Sunday after the FED granted us another 50 Bio$. for the takeover !
CIT is very likely to file Chapter 11 tommorow. They are the 20th largest financial firm in the US. They weren’t big enough to save according to the bigwigs.
Oboy, Island has voted and the majority decided it want to apply for membership of the European Union.
Iceland moves towards joining EU
http://news.bbc.co.uk/2/hi/europe/8153139.stm
So is this a good thing? Is it a good thing for EU and is the EU a good thing for the country? If Island joins, could that change the mood for Switzerland and Norway to also join?
@ Phil,
Thanks for the link…………..a pole shift in days or possibly hours (Oh sh*t!). I wonder if that’s why there’s been alot of work done at Denver Airport (mile high?). I live on a hill in the middle of England; don’t know if that’ll make any difference.
@juerganwahl,……….bags the legs,.!!!
Another rescue plan being formulated,.goody gumdrops!
The US government is locked in talks to try to save one of the country’s most important lenders to small business, CIT Group, as the bank faces a funding crisis.
In an echo of the desperate meetings aimed at saving some of the nation’s largest investment banks and insurers at the height of last year’s financial panic, the Treasury department and regulators were yesterday hammering out a rescue plan, fearing that failure could harm up to a million companies that rely on CIT for loans.
Paul Craig Roberts’ article upon why a recovery will be tantamount to an economy on life support:
http://www.marketoracle.co.uk/Article12070.html
The real, productive economy has largely been outsourced. The US workforce was, at one time, comprised of 40% highly paid industrial workers. Now, that figure has dwindled to only 9%. The shortfall has been filled by low paid service workers – a fact which does not augur well for a consumer-based economy. There is little engine left to jump start. Any recovery from here on will likely be of the jobless sort.
The pressing social issue then, will be “what do we do with all of the surplus, excess, unneeded, unwanted people?” Since the Bilderbergers are advocating total world population of no more than 275 million souls (versus the current 6 billion) an elitist solution will not likely be favourable to the average Joe or Jane. Such a solution will probably be an engineered visitation of the Four Horsemen of the Apocalypse: War, Famine, Pestilence, and Death. I fear that the “Grand Plan” is reaching an accelerated stage.
Frog stew, anyone?
@s klein .. excellent link … Thanks !
Debunking the Myth of the Financial Markets
Submitted by Tony Wikrent on Sun, 05/24/2009 – 03:58
Suggestions to solve the financial crises by basically shutting down most of Wall Street are always shouted down by howls of “How are companies going to raise money?” or “How are people going to invest in companies?”
Well, take a good, long look at this graph, which shows the percentage of capital expenditures by U.S. non-financial companies that was raised in U.S. financial markets from 1952 to 2006.
-more-
http://www.economicpopulist.org/?q=content/debunking-myth-financial-markets
Ha ha ha ha… the article on Goldman Sachs is ludicrous. Goldman Sach along with the elite government of the USA and an entire conglomerate of organizations, most of which were put into place by the same money controlling entity, IS the Federal Reserve. The following seperations of power are a deliberatelly induced misdirection for the public of the world.
1. The US elite government and Federal Reserve
2. Goldman Sachs (and all the others) and the Federal Reserve
3, The IMF and the Federal Reserve
4. The WHO and the Federal Reserve
5. The WTO and the Federal Reserve
IT GOES ON AND ON AND ON AND ON.
These are the facts:
The elite US gov., Federal Reserve, Goldman Sachs and all the others, IMF, WTO, WHO, ETC., ETC., ETC., ARE ALL WORKING IN COORDINATION BY THE SAME CONGLOMERATE STRIVING FOR SINGULAR LONG TERM GOAL OF ESTABLISHING AND BEING IN CONTROL OF A WORLD CURRENCY AND FUTURE WORLD GOVERNMENT.
THE SEPERATION OF ALL THE ABOVE POWERS IS MISDIRECTION….AND THE EVIDENCE TO SUPPORT THIS FACT IS WITHOUT QUESTION.
One only has to research the pertinent info only RECENTLY available on the internet. THE PRESENT STATE OF COLLUSION HAS BEEN GROWING FOR DECADES !
THIS WAS EASILY DONE PRIOR TO ANYONE REALIZING UNTIL THE ADVENT OF INTERNET.
The Market Watch (the World Bank article mentioned) (along with ALL the national TV stations, ALL the magazines such as Time, Newsweek, The Economist…etc.etc.etc. along with ALL the important papers such as Wall Street Journal, New York Times etc etc etc ) is OWNED by the money controlling people. They manipulate all “information” by maximizing the impertinent and minumizing the pertinent information.
People do not understand the DEPTH of power and control that has been step by step acquired over decades of continual effort.
EVERYTHING GS is doing is for the purpose of the agenda. The massive bank consolidations is deliberate for the benefit of the agenda. The massive nationalization and “bailouts” is for the purpose of agenda. The massive …. I REPEAT ….MASSIVE amounts of hand in hand legislation by US presidents since NIXON are deliberate as is the collapsing of the dollar and breaking down of the US as a nation for the benefit of agenda.
About the World Bank article……
WHAT EVER THE WORLD BANK SAYS IS FOR THE BENEFIT OF THE AGENDA……REGARDLESS IF IT IS IMPERTINENT OR PERTINENT INFORMATION. IF THEY NEED TO MISDIRECT FOR THE BENEFIT OF THE AGENDA THEY WILL.
The World Bank and IMF along with the CFR, WTO, WHO etc etc etc are organizations that were formed by or have immense influence by the same people controlling the money supply in pursuit of establishing a proto type world governing body……this by the way is why the WHO is so heavy in establishing a dictoral power GLOBALLY for a vaccination program for a virus that is the same in strength as almost all virus’s to date. Its not about the virus…. it is about establishing a strength in global medical influence for power. Having total control of the media and cooperation of many international governments enables this power by the WHO to occur. The global “flu vaccination” is not for the benefit of the masses, it is for the benefit of the agenda……. how they utilize this power for the agenda is anyones guess…..but make no mistake……THE FLU BULLSHIT IS AS FISHY AS ANYTHING GETS….. NO ONE IS BUYING IT !!!
In conclusion,
This is all about world government formation agenda…..the conglomerate of powers coordinating together as the have in stealth for decades and are currently implimenting huge power grab like a well choreographed military attack ambush style.
All the cards are on the table and there is no turning back now…..they know that it is now or never in taking that major power grab for accomplishing major steps toward establishing primary global controls necessary for continuing the long term agenda.
@craig… a good link,thanks , [looks like a good site ]. i like sites that have graphs [ many people saying last quarter of 2009 next 'leg' down] i think perhaps they shall be right ?
http://www.leap2020.eu/English_r25.html
doesn’t like my previous link Global-systemic-crisis-in-summer-2009-
http://www.leap2020.eu/GEAB-N-36-is-available!-Global-systemic-crisis-in-summer-2009-The-cumulative-impact-of-three-rogue-waves_a3359.html
warhols screenprint ,. ‘.green car burning / green burning car ‘ was intended for an exhibition in europe during the 1960′s to show people what life in america was like .
Need… Max&Stacy… intravenously!
people really really believe that good times are beginning to roll again. I don’t expect people to imagin Armageddon but at least they should start SAVING!.. but noooo.. they say “hey you are so pessimistic.. “.
I will honestly LAUGH OUT LOUD when shit hits the fan and people lie on the streets without food and cash (will laugh even if I am one of those!)
http://images.artnet.com/images_US/magazine/news/artmarketwatch/artmarketwatch1-27-09-2.jpg andy warhols ‘green car crash/ green burning car ‘ screen print .
http://artobserved.com/images/warholauction.jpg attached is a link to the Christies sale new york may 2007 sale of andy warhols famous ‘green car crash/green burning car ‘ screen print. it shows a car `accident with victim impaled upon a telegraph pole as a man casually walks by as if going to the shop . A special Christies Catalogue was printed just for this large singular screen print ,as it was expected to sell for between $ 17- $ 20 million dollars,final hammer price was $71 million dollars which was far more than Christies or anyone else expected. the record price realised for this individual work by warhols sreenprint ,”green car crash/ green burning car ‘ is indicative of top of the market cycle’ and unlikely to sell for this price for a long, long time , who would want a picture of a car crash and someone impaled upon a telegraph pole hanging in their lounge room ? [perhaps its a taste of the kind of sadistic entertainment people with that much money indulge in ?] it is also highly ironic as warhols purpose of using screenprinting as preferred medium was that he thought ‘that everyone should do screen printing’ as the idea was that you shouldn’t be able to tell who did it .that it shouldn’t matter who executed any particular art work . i guess even andy would have been surprised by the result of his work at christies with this one ?. as an interesting aside i am always fascinated or appalled at how when the news is slow dinner time tv news will always start the bulletin with a good car` crash .
@Phil @Sharon
off topic again….
have a look at this dragon fly crop circle…this indicates the different poleshifts that the earth has been through before. The next one will be the most spectacular.
http://www.dailymail.co.uk/news/article-1190279/Jellyfish-dragonflies-peace-symbols-The-summer-crop-circles-just-getting-started.html
elliottwavers [b.prechter ]has been calling for a deflationary scenario cycle for many years. from a lay persons understanding [which is my level of understanding ] Prechter makes the case for a deflationary scenario because despite the large stimulus package having been made or pledged , the approx $12 trillion pledged already is nowhere near the amount of so called ‘wealth’ that has been destroyed since last oct [$50 + trillion]. also wavers make the point collapse eastern european debt [denominated in $US ] will lead to a scarity of $US dollars and likely lead ironically to stronger demand for dollars and a stronger dollar at least for a while . their longer term forecasts are gloomy ,dow `under 1000 etc , final lows for the Dow between years 2014-2016 . another point the wavers make is that even though the Dow is down almost 80% since the year 2000 [when measured in gold] DJIA still has a long, long way to go when measured by dividend yield of DJIA [ currently 4-5 % ] bottom last depression dividend yield for DJIA 1932 reached 15 % this time the debt in percentages is far greater ,so they expect dividend yield on DJIA to go much,much higher than a mere 15 % reached in 1932 ,so still a long ,long way to go ! The good news is that if all or any of this correct ? then if we are clever enough we should be able buy our favourite artworks or uninhabited mansions by about 2016. ? [ ….don’t buy that Renoir just yet !,just wait !. }
@Max
No ODE teaser? I’m ready with my google Earth and goole Maps to do my stupid location pinpointing obsession thingy!!
“Shops in another 500 towns and villages deemed to be of “tourist interest” could also open, but without the obligation to pay employees double overtime.”
http://www.cjad.com/news/56/960512
And i thought that i lived in f.ed up country…
WTF Why is Citi bank allowed a secret agreement with regulators ? Does that make any sense? http://tinyurl.com/nphwrd
Goldmanites are singing the tunes of this dude
http://www.youtube.com/watch?v=PxdVGRdsh3Q
Should be an interesting world post currency armageddon.
No fiat money worth anything anywhere, all debts forgiven, no ownership of anything. Just some people with unusable gold bars under the bed.
Maybe this is the new consciousness people have been talking about. Just live with each other. Generosity and caring.
Wow, sounds awful. Haa!
Damn, that Denninger, why do we need him and others on the fringes (or edges) to show some real sense? It seems human survivability has fallen of the list of priorities, that can’t be right.
On the other hand: Who needs all that money? Its debt isn’t it? Why pay if nobody is spending?
@Sharon … Off Topic : Mayan Calendar
http://www.youtube.com/watch?v=Bm_iTPdL1W8&feature=rec-HM-fresh+div
See from @3:00 … Pole Shift…
…. did Einstein really predict this in 1955 @3:43 ?
This Telegraph piece discusses some of the theories of misconduct surrounding GS. Max Keiser has been keen to propagate accusations towards this bank, and I’ve always thought that he’s done so without sufficiently justifying his views. So, perhaps this should be commented on:
Just how did Goldman Sachs manage that?
http://www.telegraph.co.uk/finance/5837373/Just-how-did-Goldman-Sachs-manage-that.html