In the Q1 2009, OCC report, the total notional value of derivatives held by US banks was stated at 202 trillion dollars, a 1.6 trillion dollar increase over the prior quarter. Now, two quarters later, after derivative bailouts completely bankrupted the Anglo Dutch monetary oligarchy, devastating the world’s middle classes, and massively shfting the remains of their wealth to the ruling [...]
Archive for December, 2009
IBANK Q3 Numbers Are In
In the Age of Reason
For this upcoming weekend’s reflection, I thought I would touch upon something that has often perplexed me over the years, long before our present day political corruption caused me to become politically aware and active: In the age of mass communication, and post industrial revolution, indeed, in the age of reason, how did one madman nearly take over the [...]
Frank and Detailed Afghan Report: MUST READ
This is an EXCELLENT after action report from General Barry McCaffrey, far more detailed and frank than anything you’ll hear in a 30 second sound byte. http://www.mccaffreyassociates.com/pdfs/AAR_november_2009.pdf Some high points: 1) this is a three to ten year commitment–forget about 18 months. 2) economic conditions and abuse of women is deplorable 3) the Afghan people are [...]
Monckton: WON, Gore: ZERO
In the aftermath of climategate, Gorey Al has gone on a media rampage with his global warming scare rhetoric, and the mainstream media has pandered to his pleas of renewed panic over a fraudulent catastrophe that has earned him millions, and promises to earn him billions more, if successful. What most people never get a chance [...]
The Confluence of Globalism and the Sovereign Nation-State
Obama’s recent deliberations over channeling TARP bailout repayments back into some form of job “stimulus” is the latest proof positive of the universal acceptance of Keynesian monetarism as the de facto policy “reflex” in a failing economy. Unfortunately, on the other side of any government spending (at any level) awaits an obligation of repayment, with interest, even as the interest payments on [...]
MSM: Opium for the Sheople
As the talking heads babble on about the “White House Party Crashers”, feeding attention to a pair of inconsequential attention seekers, the real news that India (the guest of honor at the event) is preparing to snub it’s nose at their host in a mutual Copenhagen Climate Summit walk-out, is not reported. And as station after [...]
You can wine-’em and dine-’em, but you can’t pull the wool over their eyes …
Despite Obama’s efforts to wine and dine India at the much publicized State Dinner, India is in fact THE STRONGEST advocate of a mutual walk-out at the Copenhagen Climate Summit, along with China, South Africa, Brazil and Sudan. We are seeing responsible abrogation of the climate change hoax from sovereign nations who clearly see the fraud for [...]
