The Coming Currency Devaluation #USA #Secret?

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I'm not even 100% sure I'm supposed to have this so I'm providing no source..
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After repeated warnings from currency analysts and market advisers (including yours truly) that the U.S. currency system is on the verge of becoming a blocked, two-tier system we now have confirmation that the country is one step closer to realizing this. When fully implemented, the new U.S. dollar will mean a "banana republic" type currency and across-the-board devaluation.

According to a CNN/Money news wire report of Oct. 7, the new U.S. $20 bills will be released this week at banks across the country. Meanwhile, the Fed and its Bureau of Engraving and Printing (BEP) will hold a nationwide series of publicity events as part of a $33 million campaign to let the world know of the new bills and to acclimate the public to their strange new appearance.

The new $20s are peach-toned with the presence of blue ink, making it the first time in almost 100 years that a mass-circulation U.S. note has prominently contained a color besides green and black. They also contain an embedded vertical plastic strip and color-shifting ink, whose appearance changes from copper to green as the bill is tilted against the light. Below is what the front of the new $20 bill looks like.




So what is the significance of this change of color in the U.S. $20 note? Well according to the Feds it is designed as a deterrent to stop counterfeiters. But accordingly to currency analyst Lawrence Patterson, who authored the 1994 monograph titled "Currency Recall," which accurately forecast the new multi-colored notes, the new colored money is part of a two-tiered currency system that will have drastic implications for investors and non-investors alike here in the U.S.

Patterson calls the new notes "crayola currency" and claims they will circulate domestically while the normal green currency that we've grown accustomed to will circulate offshore all over the globe. According to commentator Terry Savage, "Two-thirds of the U.S. paper currency is circulating in foreign countries." With the coming two-tiered currency system, foreigners will continue to be allowed to use the greenback while U.S. citizens will be stuck with the "crayola currency" which cannot be exchanged.

Patterson forecasts the coming use of foreign exchange controls for the U.S. dollar domestically, which would prohibit Americans from transferring capital to any other world currency. Again, this is discussed in Patterson's now-classic monograph "Currency Recall".

Patterson states, "I want every one... to think carefully about this... because we are coming very, very close to the end of the freely convertible domestic dollar. The cut in value could be as much as 50%... I believe those holding gold bullion bars offshore and bullion coins domestically will be very surprised to find that special regulations will prohibit them from profiting."

He further maintains that coin dealers are under a strict Treasury regulation and must report your sales of some coins but not others. The rule is as follows: Coins with a premium above 15% do not have to be reported. In addition to the 1099 report, filed by the coin dealer, you have to declare any capital gains as well."

He continues, "The existence of this rule, I believe, indicates an intent to outlaw the ownership of bullion coins altogether! However, the rule will not remain at 15% necessarily and could be changed to a higher percentage, which is unknown at this time. Obviously, you do not want to own any investment coins with a premium of 15% or less and better stay at the 25% or 30% level to be safe." Patterson points out that complications for the government would clearly arise should numismatic collectibles be forcibly confiscated since the bullion coins' value can be determined by the London gold fix, but not so for collectibles. "The price of the collectible coin may or may not be easily determined as numismatic valuables are routinely auctioned off at prices of not only tens of thousands of dollars, but hundreds of thousands of dollars per item," he observes. "It is difficult to imagine just how this would all be sorted out by the bureaucracy to come up with a calculation of compensation that would relate to the market value." He advises staying in the "safe zone" and exchanging bullion coins not needed for emergencies (such as food or gasoline shortages, et al) for numismatic coins with higher premiums.

Obviously, the introduction of the new peach-colored $20 bill is a test on the American public to see how they respond to the drastic new changes. The CNN/Money article states that the BEP has launched a multi-million dollar promotional campaign aimed at gaining public acceptance of the new currency. For example, the twenties are being featured on game shows, including "Wheel of Fortune" and "Jeopardy," sporting events, like ESPN's college football telecasts. The bills are also part of some consumer product tie-ins, according to CNN/Money, and pictures of the bills will be on the side of bags of Pepperidge Farm Goldfish. If the government succeeds in getting the American public to accept the bills, the other remaining denominations will obviously follow and plans will proceed for the blocked domestic dollar.

More Real News from Sendai, Japan

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More news from "on the ground" in Japan Many thanks to my source
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A family member received this incredible, touching letter
from a friend in Sendai, Japan.


I want to thank you so very much for your concern for me. I am
very touched. I also wish to apologize for a generic message to you all.
But it seems the best way at the moment to get my message to you.
Things here in Sendai have been rather surreal. But I am very blessed
to have wonderful friends who are helping me a lot. Since my shack
is even more worthy of that name, I am now staying at a friend's home.
We share supplies like water, food and a kerosene heater. We sleep lined
up in one room, eat by candlelight, share stories. It is warm, friendly,
and beautiful. During the day we help each other clean up the mess in
our homes. People sit in their cars, looking at news on their navigation
screens,or line up to get drinking water when a source is open. If someone has
water running in their home, they put out sign so people can come to fill up
their jugs and buckets. Utterly amazingly where I am there has been no
looting, no pushing in lines. People leave their front door open, as it is safer
when an earthquake strikes.

People keep saying, "Oh, this is how it used to be in the old days when
everyone helped one another."

Quakes keep coming. Last night they struck about every 15 minutes.
Sirens are constant and helicopters pass overhead often. We got water
for a few hours in our homes last night, and now it is for half a day.
Electricity came on this afternoon. Gas has not yet come on. But all
of this is by area. Some people have these things, others do not. No
one has washed for several days. We feel grubby, but there are so much
more important concerns than that for us now. I love this peeling away
of non-essentials. Living fully on the level of instinct, of intuition,
of caring, of what is needed for survival, not just of me, but of the
entire group.

There are strange parallel universes happening. Houses a mess in some
places, yet then a house with futons or laundry out drying in the sun.
People lining up for water and food, and yet a few people out walking
their dogs. All happening at the same time. Other unexpected touches of
beauty are first, the silence at night. No cars. No one out on the
streets.

And the heavens at night are scattered with stars. I usually can see
about two, but now the whole sky is filled. The mountains are Sendai are solid
and with the crisp air we can see them silhouetted against the sky
magnificently.

And the Japanese themselves are so wonderful. I come back to my shack
to check on it each day, now to send this e-mail since the electricity is
on, and I find food and water left in my entranceway. I have no idea from
whom, but it is there. Old men in green hats go from door to door checking to
see if everyone is OK. People talk to complete strangers asking if they need
help. I see no signs of fear. Resignation, yes, but fear or panic, no.
They tell us we can expect aftershocks, and even other major quakes,
for another month or more. And we are getting constant tremors, rolls,
shaking, rumbling. I am blessed in that I live in a part of Sendai that
is a bit elevated, a bit more solid than other parts. So, so far this
area is better off than others. Last night my friend's husband came
in from the country, bringing food and water. Blessed again. Somehow
at this time I realize from direct experience that there is indeed an
enormous Cosmic evolutionary step that is occurring all over the world
right at this moment. And somehow as I experience the events happening
now in Japan, I can feel my heart opening very wide. My brother asked
me if I felt so small because of all that is happening. I don't. Rather,
I feel as part of something happening that much larger than myself.
This wave of birthing (worldwide) is hard, and yet magnificent.

Thank you again for your care and Love of me, With Love in return,
to you all, xxxx.

Do Your Part! (To HELP SAVE THE WORLD!)

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Since the government, FED, banks and corporations INSIST on maintaining the status quo ponzi scheme world economy that they themselves created *I* say GIVE IT TO THEM! ALL of it for them and them alone!

Ask yourself "WHY is it that they want to keep a failed system in place so badly?" "What IS the upside of doing so and WHO benefits?"

They, all of the afore mentioned, find themselves in desperate need of one thing and one thing ONLY!

YOUR MONEY! Revenue! Fiat!

It does not MATTER that it is all merely an illusion! Zeros and ones that exist only on the balance sheets of super wealthy elites. Those fiat dollars still exist only because of the extraordinary actions of the same CRIMINAL Federal Reserve Bank and world wide Central Banking system who have systematically, intentionally, DESTROYED the value of their fiat currencies. And for whose gain I ask?!

Ours?

Or their own?

Their debt based ponzi scheme economy collapsed for good in the fall of 2008! They are liars and deniers!

Let them HAVE it! Let them continue to loan imaginary money back and forth among themselves as they are doing now. Our money is no longer real, if it ever was.. It is CREDIT, easy credit, that has driven our economic system for decades now.

Fiat is easily manipulated by those who control its creation. It is manipulated to enrich the elite and for no other reason.

(The currency of the United States of America is worth 4% of what it was when the Federal Reserve Bank was created in 1913! That's right.. it has lost 96% of it's purchasing power!)

So give it to them! Let them enrich each other WITHOUT destroying us in the process!

Do your part!

If you find yourself hopelessly BURIED in debt, living the life of a debt slave, file chapter 7 (ONLY) bankruptcy! If you don't have enough debt to file chapter 7 DO NOT file chapter 13! Raher get some MORE DEBT! Go buy two or three more CARS at outrageous interest rates! Anyone and everyone can buy a f'ing CAR SOMEWHERE any time they like. The auto dealers, new and used alike, are WORSE than the sub-prime mortgage lenders! Get more debt! You will have the satisfaction of helping the economy in the short term by using CREDIT. Then with the added debt you can qualify for chapter 7 bankruptcy and have (almost) ALL your debt excused!

Don't ever forget that CONSUMERS ultimately control the COST of all items! NOT the Federal Reserve Bank. In America consumers represent 73% of the economy by.. consuming!

Consuming is a simple choice! When/if consumers stand united and clearly say F*CK YOU! I'm NOT paying that much! Then prices can do NOTHING but DECLINE!

America is NOT the middle east! Those poor people spend in excess of 50% of their income on food alone.. They cannot DO much to help control costs because they HAVE to eat.

We, however, in the industrialized west, DO have both CHOICES and POWER beyond imagination!

Please use that wealth and power wisely to benefit all of humanity.. NOT corrupt governments, central bankers and the banking cabal, greedy and corruption corporations. The choice is yours and yours alone..

We control our own purse strings and we are the "wealthy" nations of the world.

They want a "green" America.. Give it to them! Don't GO on vacation! Don't STAY in hotels! Don't EAT in restaurants! Don't BUY cars and houses! Don't GO to concerts! Don't BUY iPads, iPods, iPhones! DROP your cable TV! DROP your yard service!

Make a game of SAVING money, not wasting it on self gratification.. Stop SPENDING money altogether and prices WILL DECLINE for they must..

Sure the FED will introduce QE3.. So what?! Let them continue to PLAY WITH THEMSELVES!

Above all else.. DO NOT BORROW their manipulated, worthless, paper, fiat currency!

Please.. help put a STOP to this insanity once and for all.. I promise, you'll be glad that you did..

Greg

Required Reading

Great stuff from some of my favorite guys at The Daily Reckoning @DailyReckoning on twitter

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Bernanke Denies Printing Money. Mogambo Not Convinced.

Have a nice weekend

Greg

Statism Read about it here.. It is USA by degree

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A statist system—whether of a communist, fascist, Nazi, socialist or “welfare” type—is based on the . . . government’s unlimited power, which means: on the rule of brute force.

Statism is a system of institutionalized violence and perpetual civil war. It leaves men no choice but to fight to seize political power—to rob or be robbed, to kill or be killed.

The degree of statism in a country’s political system, is the degree to which it breaks up the country into rival gangs and sets men against one another.

Statism needs war; a free country does not. Statism survives by looting; a free country survives by production.

The human characteristic required by statism is docility, which is the product of hopelessness and intellectual stagnation. Thinking men cannot be ruled; ambitious men do not stagnate.
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Please click here to see what statism is all about..

Manipulation of Government Data

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You may click here for the source post on Capital Research Institute if you prefer
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Posted on February 6, 2011 by Henrik

As humans, we innocently grow up in a society that is controlled by some form of government. We tend to trust the government and go along with statements from our elected leaders until we dig deeper and try to hold them accountable and realize that it is an impossible task as most of the time they fail to deliver on the promises given during election speeches. Sadly, our politicians for the most part are more like cheer-leaders than any other form of a leader.

We cannot trust the government when it comes to providing us with reliable and accurate economic data. For example, last week’s economic data of US GDP and unemployment reports have been statistically manipulated to show numbers that are supposed to make us feel confident about the so-called economic recovery when in reality, the economy is unstable. What we as a society need is the truth in order to analyze the real problems and once they are identified come up with an effective solution. Instead, I sadly see that we tend to kick the can down the road each time we have a problem rather than owe up to the problem and fix it.

At least it appears that Mervyn King, the Chief Central Banker of the UK is willing to look his country in the eye and admit that there is nothing he can do to stop the deterioration of his country’s financial system. He was quoted during a speech last week saying that,

“The squeeze on living standards is the inevitable price to pay for the financial crisis and subsequent rebalancing of the world and UK economies.”

GDP

The GDP data that came out for the 4th quarter of the US economy states that it supposedly expanded by 3.2% during that period. If we dig a little deeper into the calculation of the GDP growth, we can see that the Bureau of Economic Analysis decided to change the GDP deflator, which is a reflection of inflation in the economy. They changed it from 2% inflation to 0.3% for the 4th quarter; this means that the US government is trying to tell us that there was almost no inflation during that period. Just to remind you that oil went from $75 to $90 per barrel, while food inflation and most other commodity prices have been skyrocketing.

The reason for the manipulation of the GDP deflator is clear, because without changing it from 2.0% to 0.3% would mean that the GDP growth of 3.2% was actually closer to 1.5% during the 4th quarter. Let’s assume for a second that the Consumer Price Index (CPI) for the 4th quarter of 1.3% is correct (which as we know is also understated), then the GDP data understates inflation by 1% and thus GPD growth based on the CPI was at best 2.2%. Most people put a lot of trust in the government to tell them the truth about the state of the economy so that each individual can properly prepare for what is to come, but when data is manipulated to give people a false feeling that everything is alright while it clearly isn’t, is a crime. These results all should be audited by third party auditors in order to keep the bureaucrats at least to some degree honest.

Unemployment

The unemployment report for the US that came out this last Friday has also been heavily manipulated as the numbers clearly show. The first issue I have with the data is that the unemployment rate supposedly dropped from 9.4% to 9.0% while it was forecast to grow to 9.5%, which according to the job growth figures would be more accurate. The in previous posts mentioned non-farm payrolls grew only by a meager of 36,000 jobs, so how could the unemployment rate drop so dramatically with such little job growth? The answer is…manipulation of statistical data by leaving out 753,000 people that were part of the labor-force 2 months ago, with the assumption that these people stopped looking for work and will go on welfare instead. The January progress is the slowest in almost a year for the private sector.

unemployment private 2011 01 Manipulation of Government Data

Another form of unemployment data manipulation is reflected in the form of revisions of data from previous years such as 2009 and 2010. The latest revisions show that in reality 536,000 LESS jobs were created than was originally stated in the unemployment reports during those two years. That means that more than half a million less jobs exist in the economy than stated, but yet we are told that the unemployment rate supposedly dropped to 9.0%. I think that the unemployment rate will be revised again in the future which will illustrate a much different picture than the latest report shows.

Federal Reserve Bank Accounting: Negative Liabilities

Last week, the Fed passed a change in Fed accounting rules which were not picked up by analysts and journalists until days later, because the new rules were released in a standard weekly report. Basically, the Fed does not have to account for losses on assets anymore with an accounting trick called negative liability. This allows the Fed to effectively transfer its assets if they lose in value to the Treasury and then pay it off with future earnings. The new rules give the Fed protection from insolvency due to future interest rate hikes and minimize the impact on its massive bond holdings. Effectively the changes will let the Fed move junk securities off balance sheet, therefore letting it incur substantial losses without impacting its capital.

This accounting change by the Fed does not resolve a major problem because the Fed will have negative cash flow when it has to raise interest rates in order to slow down inflation. At some point when rates are raised, the Fed will have to pay out more in interest payments on reserves held by banks than the income producing debt it holds. Since that problem has not been resolved yet, we can expect future accounting changes that help the Fed hide the truth about the economy and stability of the financial system.

As a society we need to demand the truth and should be able to hold our politicians and central bankers accountable and fire them if they fail to deliver on their promises. Instead, they manipulate data to pretend what they promise us is happening while in reality the truth looks much different. We need to deal with the brutal facts in order to move forward and to build a system that is sustainable and works for many future generations. But unless we deal with these problems and just keep kicking the can one more time down the road, we will eventually come to the end of the road at which time a massive correction of the system is the only solution.

US Government manipulation of the stock market?

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You may click here for the source post if you prefer
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By Ted Newcomen

opednews.com

Yet another report has come out questioning the real strength behind the recent stock market rally and the widespread belief that government (i.e. tax-payer) dollars are actually behind it, much like the bailout of the banks and the automotive industry. The report by TrimTabs Investment Research has largely been ignored by a docile mainstream media which as usual follows the establishment's boostering of the Dow's stellar recovery since March 2009.

The report points out that while the real economy has faltered and traditional sources of capital have remained neutral, stocks have defied gravity, and wonders whether its not really down to the Federal Reserve and the US government working behind the scenes.

History is peppered with so-called "secrets' known to only a few insiders but suspected by a much wider population. Examples include the widespread use of performance enhancing drugs by top athletes and the suspicion of such practices by their adoring fans; the pedophile tendencies of some priests known by the Catholic hierarchy and suspected by some of the faithful laity; and the Nazi death camps known only to the party leadership but suspected by some of the patriotic voters who initially put them into power.

In all these cases, the people at the top maintained the fiction because it wasn't in their interest for the truth to come out. But for those lesser mortals who only had their suspicions they would simply prefer that the rumors were not accurate because the truth was too awful to contemplate, and there was always the possibility of some vague guilt by association.

To this litany of lies may we now add the US government and its manipulation of the stock market? In the 21st Century perception is everything and manipulation of data from Wall Street is now more important than the actual performance of the real economy. If the Dow is going up then everything must be fine - unemployment, bankruptcies, housing foreclosures, and actual sales figures almost become irrelevant. As the report points out "the wealth effect of rising stock prices soothed the nerves and boosted the net worth of the half of Americans who own stock."

However, investors have become increasingly suspicious of the $6 trillion stock market rally. Truth be told, the very last thing they want to believe is that it's all down to market manipulation.

The TrimTabs report says historically the market cap rises by about 10 times the amount of new net cash invested. But the roughly $600 billion of net new cash needed to boost the market cap by $6 trillion since March 09 has not come from traditional sources. So where did it come from? If the US government has bailed out the banks and auto industry with billions then why not the stock market as well?

It's not beyond the bounds of possibilities that the government has been buying S & P 500 futures with the connivance of the major banks in receipt of bailout funds. The report quotes former Fed board member Robert Heller who opined in the Wall Street Journal in 1989, "Instead of flooding the entire economy with liquidity, and thereby increasing the danger of inflation, the Fed could support the stock market directly by buying market averages in the futures market, thereby stabilizing the market as a whole." In a Financial Times article in 2002, an unidentified Fed official was quoted as acknowledging that policymakers had considered buying U.S. equities directly, not just futures. The official mentioned that the Fed could "theoretically buy anything to pump money into the system." In an article in the Daily Telegraph in 2006, former Clinton administration official George Stephanopoulos mentioned the existence of "an informal agreement among the major banks to come in and start to buy stock if there appears to be a problem."

There is certainly no shortage of speculation on the existence of the so-called Plunge Protection Team. The Fed or the Treasury could easily buy a nominal $60-70 billion of S&P 500 stock futures every month for as long as necessary. The TrimTabs report reveals that depending on margin levels, as little as $5-15 billion per month was all that was necessary to lift the S&P 500 from its low point by about 67%. Compared to the huge sums swallowed up in the bank & auto industry bailouts, this is small beer.

The report continues "Since the stock market was extremely oversold in early March, not only would a new $60 to $70 billion per month of buying power have stopped stock prices from plunging, but it would have encouraged huge amounts of sideline cash to flow into equities to absorb the $295 billion in newly printed shares that have been sold since the start of April. This type of intervention could explain some of the unusual market action in recent months, with stock prices grinding higher on low volume even as companies sold huge amounts of new shares and retail investors stayed on the sidelines. Some market watchers have charted that virtually all of the market's upside since mid-September has come from after-hours futures activity.'

The report concludes "that if government has been behind the sharp stock rise, it could trigger a major equities meltdown when the government stops buying and even worse, starts selling'.


Ted Newcomen is a citizen-journalist - someone who is tired of the lazy 'lamestream' media circus which is obsessed with the cult of celebrity and just recycles press releases for the establishment.

The views expressed in this article are the sole responsibility of the author
and do not necessarily reflect those of this website or its editors.

Israel girds for Gaza strife as US calls for peace talks

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By SHEERA FRENKEL
McClatchy Newspapers

JERUSALEM -- Palestinian militants in Gaza fired rockets deep into Israel on Thursday, as the Israeli military said it was being drawn into a broader confrontation with militants in Gaza.

Israel Defense Forces officers told McClatchy Newspapers that if the violence persists, Israel could be drawn into a large-scale operation in Gaza.

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What a f'ing mess.. Yet more war on the horizon.. How long will it be before we have a true world war on our hands? Please click the link below to continue reading this story..
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Read more: http://www.miamiherald.com/2011/03/24/2132442/israel-girds-for-gaza-strife-as.html#ixzz1HYyGVkQP

Exclusive Report from Japan

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Received this from my good friend @ATTechFX [on twitter] who received it from a friend in Tokyo and sharing it with the world with his permission.
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Just to let u know how bad things are here, the water in Tokyo has radiation x2 of what is considered safe for children,, the government will hand out 240,000 500ml bottles to families with little babies, meaning 3 bottles each. That would only last 1 day or 2, expect a new wave of scare because Tokyo stocks will be worthless if things get worse from now.

The air is contaminated, Tokyo water was confirmed yesterday... government ordered 11types of vegetables grown nearby prefectures to be destroyed and the list expanding fast, milk too and it affects 40million people next door to the Nuclear Facility.

People are panicking, shelves at shops are half empty because people hoard things like noodles, rice , vegetables, batteries because of compulsory powercut of 2million homes at 3hr rotation. This powercut happens most days, and will get worse in Summer & Winter as people use more aircoolers & heaters

Things can spiral out of control soon

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Real reporting from real people..

Greg

Update of current FX Trading Strategy (Tunnel Trading plus Bollinger Bands)

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I've recently made a small change in the way I am currently trading the FX market and thought I would pass it on to anyone who cares ;)

Many of you may already know what I have been doing recently which is to trade using a "tunnel" constructed of two EMAs. Those being a 144 and 169 EMA. Those two EMAs will form a "tunnel" on your chart and it seems to be pretty powerful support / resistance when/if it is encountered. On any time frame.. Along with the "tunnel" I have been using a 13 EMA as somewhat of a filter.. A price close above / below the 13 EMA can be considered bullish bearish when taking other indications into account such as current direction / trend as can be determined by the tunnel itself.

What I have done right now is sort of eliminate my independent 13 EMA and replaced it with a double Bollinger Band. I used to use 3 Bollinger Bands in the past but right now am using just two.. The first is standard setting of 2 standard deviations and the second is set to 3 standard deviations while the period for both is set at 13 (14 was default on my MT4 platform). This center line basically serves the same purpose as the 13 EMA as we will see in the chart.

I have been using this for scalping the m5 chart time frame recently though the theory holds for any and every time frame.

Generally speaking if the current price is above the "tunnel" then the current bias should be long, if current price is below the tunnel then current bias should be short. However I should point out that the trend is your friend ;)So you should really use larger time frames in your attempt to determine current direction for the pair you are trading. I normally use h4 and daily for this purpose. But for the most part if a pair is bullish the price will tend to be above the tunnel even on m5 time frame, and in fact, for the most part even on m1 time frame.

In the first chart (5 minute time frame) we will take a look at the EURCAD pair.. I hope the chart is self explanatory. Please let me know if it's too confusing ;) Not mentioned in the chart (I ran out of room lol) is the importance of the 13 EMA also.. Generally speaking price above = bullish / price below = bearish.

--- Here's the chart EURCAD 5 minute




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And next we'll look at a 5 minute GBPUSD chart from today (03/22/2011) and you will quickly see that it was stuck in a range all day long.. So the object here would have been to trade the range both up and down until it broke out in one direction or the other.

There are quite a few possible trades here.. i don't know that you could get rich but there isn't anything at all wrong with grabbing 12-15 / 20 pips multiple times during the day ;)

--- GBPUSD ranging 5 minute chart




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Hope you enjoyed this post and as I mentioned these techniques should work just as well on larger time frames though your risk reward will increase with the size of the time frame.

Happy pipping everyone!

Greg

#Revelation 18 (King James Version)

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In my opinion this chapter in the book of Revelation so clearly defines the United States of America that I find it absolutely astonishing..
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Revelation 18 (King James Version)

Revelation 18

1And after these things I saw another angel come down from heaven, having great power; and the earth was lightened with his glory.

2And he cried mightily with a strong voice, saying, Babylon the great is fallen, is fallen, and is become the habitation of devils, and the hold of every foul spirit, and a cage of every unclean and hateful bird.

3For all nations have drunk of the wine of the wrath of her fornication, and the kings of the earth have committed fornication with her, and the merchants of the earth are waxed rich through the abundance of her delicacies.

4And I heard another voice from heaven, saying, Come out of her, my people, that ye be not partakers of her sins, and that ye receive not of her plagues.

5For her sins have reached unto heaven, and God hath remembered her iniquities.

6Reward her even as she rewarded you, and double unto her double according to her works: in the cup which she hath filled fill to her double.

7How much she hath glorified herself, and lived deliciously, so much torment and sorrow give her: for she saith in her heart, I sit a queen, and am no widow, and shall see no sorrow.

8Therefore shall her plagues come in one day, death, and mourning, and famine; and she shall be utterly burned with fire: for strong is the Lord God who judgeth her.

9And the kings of the earth, who have committed fornication and lived deliciously with her, shall bewail her, and lament for her, when they shall see the smoke of her burning,

10Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.

11And the merchants of the earth shall weep and mourn over her; for no man buyeth their merchandise any more:

12The merchandise of gold, and silver, and precious stones, and of pearls, and fine linen, and purple, and silk, and scarlet, and all thyine wood, and all manner vessels of ivory, and all manner vessels of most precious wood, and of brass, and iron, and marble,

13And cinnamon, and odours, and ointments, and frankincense, and wine, and oil, and fine flour, and wheat, and beasts, and sheep, and horses, and chariots, and slaves, and souls of men.

14And the fruits that thy soul lusted after are departed from thee, and all things which were dainty and goodly are departed from thee, and thou shalt find them no more at all.

15The merchants of these things, which were made rich by her, shall stand afar off for the fear of her torment, weeping and wailing,

16And saying, Alas, alas that great city, that was clothed in fine linen, and purple, and scarlet, and decked with gold, and precious stones, and pearls!

17For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,

18And cried when they saw the smoke of her burning, saying, What city is like unto this great city!

19And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.

20Rejoice over her, thou heaven, and ye holy apostles and prophets; for God hath avenged you on her.

21And a mighty angel took up a stone like a great millstone, and cast it into the sea, saying, Thus with violence shall that great city Babylon be thrown down, and shall be found no more at all.

22And the voice of harpers, and musicians, and of pipers, and trumpeters, shall be heard no more at all in thee; and no craftsman, of whatsoever craft he be, shall be found any more in thee; and the sound of a millstone shall be heard no more at all in thee;

23And the light of a candle shall shine no more at all in thee; and the voice of the bridegroom and of the bride shall be heard no more at all in thee: for thy merchants were the great men of the earth; for by thy sorceries were all nations deceived.

24And in her was found the blood of prophets, and of saints, and of all that were slain upon the earth.

Revelation 17 (King James Version) #USA is the #whore

Revelation 17 (King James Version)

Revelation 17

1And there came one of the seven angels which had the seven vials, and talked with me, saying unto me, Come hither; I will shew unto thee the judgment of the great whore that sitteth upon many waters:

2With whom the kings of the earth have committed fornication, and the inhabitants of the earth have been made drunk with the wine of her fornication.

3So he carried me away in the spirit into the wilderness: and I saw a woman sit upon a scarlet coloured beast, full of names of blasphemy, having seven heads and ten horns.

4And the woman was arrayed in purple and scarlet colour, and decked with gold and precious stones and pearls, having a golden cup in her hand full of abominations and filthiness of her fornication:

5And upon her forehead was a name written, MYSTERY, BABYLON THE GREAT, THE MOTHER OF HARLOTS AND ABOMINATIONS OF THE EARTH.

6And I saw the woman drunken with the blood of the saints, and with the blood of the martyrs of Jesus: and when I saw her, I wondered with great admiration.

7And the angel said unto me, Wherefore didst thou marvel? I will tell thee the mystery of the woman, and of the beast that carrieth her, which hath the seven heads and ten horns.

8The beast that thou sawest was, and is not; and shall ascend out of the bottomless pit, and go into perdition: and they that dwell on the earth shall wonder, whose names were not written in the book of life from the foundation of the world, when they behold the beast that was, and is not, and yet is.

9And here is the mind which hath wisdom. The seven heads are seven mountains, on which the woman sitteth.

10And there are seven kings: five are fallen, and one is, and the other is not yet come; and when he cometh, he must continue a short space.

11And the beast that was, and is not, even he is the eighth, and is of the seven, and goeth into perdition.

12And the ten horns which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.

13These have one mind, and shall give their power and strength unto the beast.

14These shall make war with the Lamb, and the Lamb shall overcome them: for he is Lord of lords, and King of kings: and they that are with him are called, and chosen, and faithful.

15And he saith unto me, The waters which thou sawest, where the whore sitteth, are peoples, and multitudes, and nations, and tongues.

16And the ten horns which thou sawest upon the beast, these shall hate the whore, and shall make her desolate and naked, and shall eat her flesh, and burn her with fire.

17For God hath put in their hearts to fulfil his will, and to agree, and give their kingdom unto the beast, until the words of God shall be fulfilled.

18And the woman which thou sawest is that great city, which reigneth over the kings of the earth.

Reminder: SUPERMOON Tonight!

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Please click here for brief discussion and a 3 minute video
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Greg

Financial weapons of mass destruction still primed to detonate

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The current uncorrected political course means another banking crisis is inevitable, cautions Prem Sikka
by Prem Sikka
Friday, March 18th, 2011

Are you ready for the next financial crisis? With interlocking banks and corporations, it will be more severe than anything that we are experiencing now. The Government’s plan to replace the Financial Services Authority with the Prudential Regulation Authority is akin to rearranging the deckchairs on the Titanic. The PRA is to be guided by a new Financial Policy Committee. Its membership includes Lord Turner and Hector Sants, respectively chairman and chief executive of the FSA, who presided over current failures; Bank of England governor Mervyn King; former Deutsche Bank and Goldman Sachs executive Michael Cohrs; and Sir Richard Lambert, a former chief of the Confederation of British Industry. The current mess is the outcome of the neo-liberal world view embedded in regulatory towers and the same is set to continue. This will be of no comfort to the taxpayers who are still providing £512 billion to support banks.

The Treasury’s consultation paper does not contain any proposals to deal with the underlying causes of the banking crisis. These relate to incessant demand for higher profits, executive rewards and speculative activity. Stock markets expect corporations to produce ever-rising profits. Markets don’t care if that is delivered by squeezing wages or employee pension rights, or through tax dodging. As directors’ remuneration is linked to profits, they have incentives to charge exorbitant interest rates, pay measly rates on savings, hide liabilities, create toxic debts and take excessive risks. There are no proposals to check the race for higher corporate profits and executive remuneration. Separating the investment and retail arms of banks might help in managing the risks to the economy. So might higher taxes on executive bonuses. But even these reforms would not change the practices which have plunged economies into crisis.

Please click here to continue reading

Greg

#Revolutionary #History of #Theft

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By Howard S. Katz

In its June 29, 2009 issue, Business Week ran an article, by Peter Coy, entitled “Why the Fed Isn’t Igniting Inflation.” This perfectly illustrates how the paper aristocracy lies to the American people, the purpose being to steal their (meaning your) wealth. Today I want to point out the lies and the doubletalk involved in this article and why it is absolute crucial (for your own well being) that you understand what is going on.

Please click the link below to read this important article in its entirety

Why the Fed is Depreciating the Currency

#Black #Budget - Not a #racist thing LMAO

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Here is the link with further resources
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From Wikipedia, the free encyclopedia
Jump to: navigation, search
"Black Budget" redirects here. For the New Zealand budget of 1958, see Black Budget (New Zealand).

A black budget is a budget that is secretly collected from the overall income of a country, a corporation, a society of any form, a national department, and so on. A black budget usually covers expenses related to military research. The budget is kept secret for national security reasons.

Philip Schneider claimed that the alleged "Dulce Base" in the U.S. state of New Mexico is run by such a budget. Many other programs such as Area 51 in Groom Lake, Nevada, and many experimental or covert military programs as well are said to be run by black budgets.[attribution needed]

The United States Department of Defense has a black budget it uses to fund expenditures, called black projects, it does not want to disclose publicly. The annual cost of the United States Department of Defense black budget was estimated at $32 billion in 2008[1] but was increased to an estimated $50 billion in 2009.[2]

Open Letter to the #FED

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@stlouisfed BUY BUY BUY BOYZ! You can just #PRINT more #MONEY! More of that f'ing #worthless #paper #fiat $SPX $$

Be forewarned that this is a protracted battle.. You can't get out of it after a couple of years by pretending everything is now fine.

You will NOT be able to merely sweep under the rug, forgotten, MILLIONS of unemployed and foreclosed Americans!

All occurring while banks, corporations and indeed even the Federal Reserve Bank report RECORD profits.

Your irresponsible monetary policies are driving rampant inflation and civil unrest around the world! Not to mention the largest equity bubble the world has ever seen.

Just give it up POMO bitches.. The market, economy, your own wealth and power, along with that of the rest of the elites are not worth this TRANSFORMATION of American capitalism into something completely unrecognizable.

Jeeze.. One would think that we have never had a depression before..

Greg

Is #silver due for a pullback here?

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Greg

Watching the $SPX Will it #Die? #Daily / Weekly / Monthly #Charts

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Taking a look today at the $SPX daily weekly and monthly charts to see how they look in relation to the relevant 13 EMAs & tunnels..

--- Daily



--- Weekly



--- Monthly

I got #mail! from @MBTrading

Dear Gregory S Phillips,



We are experiencing an unknown issue with our MT4 servers and their connection to our execution systems. We apologize for the inconvenience, and we are working with MetaQuotes to resolve the issue. At this time, orders cannot be place through the MT4 system. If you had Pending Limit orders or existing trades with Take Profits set, those are sitting on the ECN and will still execute, but the execution will not pass through to Meta until the system comes back up. Our execution system itself is not affected. You can call into the Trade Desk and place a trade through them, which will appear in your account after the situation is resolved. Again, we apologize for the situation.



Best Regards,

MB Trading Futures, Inc.
1926 East Maple Avenue
El Segundo, CA 90245
www.mbtrading.com

(877) 212-1112 / (480) 212-1112 - Customer Support
(866) 628-3003 / (310) 647-4279 - Forex Trade Desk
(310) 356-3115 - Fax

The full & fair story on @MBTrading #FX #trading

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I had a plan on Friday and, in the end, I got exactly the move I was looking for..

I started shorting AUDJPY Friday from 82.46 to 83.03 for 7 lots total. I'm still currently short 10 lots AUDUSD & 6 lots EURUSD mainly on hopes / expectations of a dollar bounce in the short term..

Once in awhile this is the way I trade.. as dangerous as it may be..

Usually the REASON I find myself trading this way is because I am convinced, for whatever reason, that what I am seeing is pure stop hunting to punish shorts..

Thus was the case Friday, certainly with AUDJPY shorts..

I began shorting AUDJPY as it was challenging the daily 13 EMA and the tenkan and kijun. 13 EMA looks a lot different now than it did on Friday.. As AUDJPY blasted through that resistance I admit I got pissed and began adding to my position.

Was it revenge trading? Or was I merely still convinced that it was even more egregious stop hunting that I was witnessing?

Does it matter? I called their bluff and added. They ran it up all day long closing the day and the week at the day's high.

Still I held on because I'm stubborn like that sometimes.. The Primary Dealers and banks were applying an immense amount of pressure and by the end of the day I was facing about a 3% drawdown on total forex capital available (I currently have 2 accounts).

I decided to hold over the weekend, most with no stops, convinced there would be a sharp pullback off Friday's moves allowing me B/E at worst and some nice profits at best..

It's not because I enjoy holding positions over the weekend.. Especially with the middle east on fire and Japan lying in ruins. But isn't that what volatility is all about?

And isn't that what I was looking for? Aren't we all?

So, with some dread I admit, I awaited Sunday's open. I mean I was fully aware that the market could surge against me on the open. Which is why I had no stops.

But, to my pleasant surprise, All of my shorts opened the trading week not higher but lower at 5:00 pm EST, 4:00pm my time.

Immediately, with my shorts lower, I was interested in setting some stop losses above Friday's highs..

That's when I first got the 'No Connection' message on MB Trading's MT4 platform.

I have been trading this new MB Trading MT4 platform for 2 weeks now.

One day last week during the week MB Trading was down for well over an hour on just the rollover period.. I had trades at the time and I did email them just to ask WTF? And got a very generalized reply a day or two later about how trading is suspended briefly during the rollover period. "Forex Rollover / Premium automatically occurs each evening between 4:58 and 5:06 p.m. EST (Monday through Friday). During this time, users will temporarily be unable to trade." But as i said I was concerned last week because this brief period ended up being more than an hour long.

So anyway I blew that off and as time went by this Sunday after the open my shorts continued to move in my favor until all the sudden AUDJPY broke lower big time! Right before my eyes I had a staked out 423 fib extension being hit!

I panicked big time at that point. I mean my God! My prayers had been answered!

2 1/2 hours AFTER the open, 7:30 EST, I was STILL not ALLOWED to access or trade my account!

I sat there dumbfounded for a few moments. Then I realized the Primary Dealers and banks were beginning to COVER their shorts. That startled me back into reality quick and I grabbed the phone calling the MB Trading "Trade Desk".

What I got for my effort was very loud, very bad music blaring in my ear and an occasional recorded robotic sounding female voice thanking me for my "patience".

That went on for close to 30 minutes, while I watched the Primary Dealers and banks finish up their short covering and the market move 100 pips against me..

Then, finally, I got a human voice on the phone.. the MB Trading "Trade Desk" representative.

I'm sorry but by then I had run completely out of "patience".. I'm sorry but I was cursing a blue streak and really pissed off by then.

I mean when I was f'ing dying to close ALL my shorts, about 30 minutes prior, I was +700 pips on my AUDJPY short positions alone. Most of that was gone now and at least 2 1/2 hours after the open I was STILL unable to trade my account. Most of my rather large profits were already gone.

Of course it was some flunky on the phone that was absolutely no help at all. He seemed more concerned about my language than he did the state of my trades for sure.. In the end all he did was convince me that I had no choice at all except to close my MB Trading account. Because, apparently, Sunday went off without a hitch, I guess it is standard operating procedure for MB Trading to block access to the currency market for 2 or 3 hours on Sunday while the banks are in the market doing whatever TF they want.

He told me, because I asked how many banks were providing quotes for them, that they had 15 banks doing so. But due to liquidity and volatility issues they didn't have any quotes from the banks that were "good" enough to give to retail traders..

I guarantee you that those 15 banks were IN the market covering THEIR short positions for fat profits! And just why TF would they WANT retail traders getting in their way?!

The guy could not answer hardly any of my questions telling me that he didn't really know that much about the nuts and bolts of forex trading. He did inform me that I could call and talk to a "Trade Manager" on Monday. However he also informed me that MB Trading had absolutely no liability in the matter because it was all the banks fault. That it was the banks who were not connecting or providing "good enough" quotes.

How convenient and reassuring is that?

All that says to me is that either MB Trading is complicit and cooperating with the banks to intentionally keep retail traders out of the market until the banks have finished their feeding frenzy OR MB Trading is completely at the mercy of the banks and have absolutely no control of the most important aspect of their business.. Market access for their clients.

I asked the guy.. Why are other brokers getting quotes? Why are they able to take trades at the open?

He got a little huffy on that one stating that they were (implied evil) dealing desks who provided their own liquidity to their clients.

Now I have traded with FXCM for quite awhile, over 2 years now I know.. And sure no broker is perfect.. FXCM plays with the spread a lot! Widening it way out to prevent you from hitting targets during times of volatility. I know and understand most of the "tricks of the trade" FXCM uses against traders so I'm familiar with what to watch out for. But is my choice to be screwed by the FXCM I know or use an ECN that simply excludes me from trading entirely until the banks have finished up doing whatever it is they want to do?

I know that I could have at least closed my positions with FXCM. I did not have that option at all with MB Trading until nearly 3 hours after the open.

So.. how could MB Trading make this right and keep me as a customer?

#1> by guaranteeing me that I can actually trade my account when the market opens on Sunday

#2> they can close all the short positions I had open at a price = to AUDJPY 81.35

FAT F*CKING CHANCE!

They are not about to change the they do business because Ancient Warrior is pissed off.. That ain't the way it works.. LMAO

So.. I'll be pulling my funds from MB Trading and figuring out which alternative FX broker I want to gamble with next.. Looks like Oanda is the current leader there..

In all fairness I will give MB Trading credit for very tight spreads, an open and up front reasonable commision charge for market orders and they actually PAY you a commission for executed limit orders as a thank you for providing liquidity. So.. if you are a swing and/or position trader only maybe MB Trading would work out well for you. Especially if being locked out of the market for 2 or 3 hours after the open doesn't bother you.

I don't trade the way I did on Friday all the time or most of the time. But once in awhile when I am really convinced what I am seeing is punishing stop hunting I do.. In that case I simply MUST have access to the market when it is open. In FX a lot can happen in 2 or 3 hours time..

Here is the text of my complaint to the #NFA against @MBTrading

I have been trading forex w/ MB Trading for TWO weeks & both weeks on the open they CLAIM the banks R not connected so no trading is ALLOWED! Last week was 2 HOURS after the open & this week is 3 HOURS after the open! MB Trading is laying all the blame on the 15 (FIFTEEN!) banks that provide their feed/quotes saying that they are getting no quotes! THREE HOURS AFTER THE OPEN! I called their trade desk & was put on hold for 1/2 an hour during which I had the pleasure of watching 700 pips of profit VANISH! And they R telling me that they will do NOTHING about it because it's the banks and not them!

I am an experienced forex trader and I KNOW when my money is being stolen! It must be nice to be a Primary Dealer bank & not like the market on the open so just don't ALLOW anyone to trade it until it moves firmly in the favor of the banks!

By the time they offered to transfer me to another department to manually close my trade I had given up 100 pips on 7 lots!

It is PAST TIME YOU PEOPLE do SOMETHING to FORCE forex brokers to STOP STEALING MONEY from hard working traders!

The #Destruction of the #Temple and #Signs of the #End #Times

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Luke 21:5-19 (New International Version, ©2011)
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5 Some of his disciples were remarking about how the temple was adorned with beautiful stones and with gifts dedicated to God. But Jesus said, 6 “As for what you see here, the time will come when not one stone will be left on another; every one of them will be thrown down.”

7 “Teacher,” they asked, “when will these things happen? And what will be the sign that they are about to take place?”

8 He replied: “Watch out that you are not deceived. For many will come in my name, claiming, ‘I am he,’ and, ‘The time is near.’ Do not follow them. 9 When you hear of wars and uprisings, do not be frightened. These things must happen first, but the end will not come right away.”

10 Then he said to them: “Nation will rise against nation, and kingdom against kingdom. 11 There will be great earthquakes, famines and pestilences in various places, and fearful events and great signs from heaven.

12 “But before all this, they will seize you and persecute you. They will hand you over to synagogues and put you in prison, and you will be brought before kings and governors, and all on account of my name. 13 And so you will bear testimony to me. 14 But make up your mind not to worry beforehand how you will defend yourselves. 15 For I will give you words and wisdom that none of your adversaries will be able to resist or contradict. 16 You will be betrayed even by parents, brothers and sisters, relatives and friends, and they will put some of you to death. 17 Everyone will hate you because of me. 18 But not a hair of your head will perish. 19 Stand firm, and you will win life.

More New Madrid Preparations, Now they’re asking for Gas? Friday, Mar 4 2011 - #earthquakes

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From 2012 The Awakening

More New Madrid Preparations, Now they’re asking for Gas? Friday, Mar 4 2011

Greg

Extreme Super Moon To Cause Major Earthquakes? - Follow up - Details

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You may click here for the source post if you prefer
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Coming up later this month (March 19 to be exact) the moon will make its closest approach to Earth (called lunar perigee) in 18 years. A new or full moon at 90% or greater of its closest perigee to Earth has been named a “SuperMoon” by astrologer Richard Nolle.

This term has recently been picked up by astronomers as well. An extreme “SuperMoon” is when the moon is full or new as well as at its 100% greater mean perigee (closest) distance to earth.

Can this Super Moon contribute to extreme weather?

AccuWeather member Daniel Vogler says, “The last extreme super moon occurred was on January 10th, 2005, right around the time of the 9.0 Indonesia earthquake.

“That extreme super moon was a new moon. So be forewarned. Something BIG could happen on or around this date. So what can we expect this time? Earthquakes? Volcanic eruptions? I guess we can only wait and see.”

What are the actual chances?

Astronomer and lecturer David Reneke claims there’s more cause for alarm about the extent of human paranoia than any sort of impending apocalypse.

“If you try hard enough you can chronologically associate almost any natural disaster/event to anything in the night sky … comet, planet, sun,” he said.

“Remember in the past, planetary alignments were going to pull the sun apart. It didn”t. Astrologers draw a very long bow most times. Normal king tides are about all I would expect out of this SuperMoon prediction.”

From what I have read on various sites, with all the recent seismic tremors shaking the planet and new fissure eruptions (more on that in coming posts), I would say something major is about to happen.

I think that our planet has finally come to its boiling point. We have destroyed it with mountaintop removal coal mining (MTR). Mining and oil and gas drilling have poisoned its water and atmosphere.

But let’s just hope Mr. Vogler is wrong on his prediction and Mr. Reneke is right. The people around the world have suffered enough from natural disasters in recent years. Which, in return, brings more death and destruction to our planet and its people.

Photo Credit: jmtimages via flickr

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PS: Don't forget about the procession of the equinoxes and the fact that we experienced a mini-ice age about 13,000 years ago.. More 2012 info here

Peter King is a f'ing #Nut it sounds like if U #convert to #Islam U may get a #CIA & #FBI file

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You may click here for the original post
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Rep. King's Muslim Radicals Hearing Gets Plenty Pre-Event Publicity

Given the torrent of discussion Rep. Peter King's planned Thursday hearing on the radicalization of some U.S. Muslims has already unleashed, the hearing could turn out to be somewhat anti-climatic.

Rare is the congressional hearing that gets as much attention before the actual session occurs as this one has. For weeks, tt's been the source of plenty of rhetorical heat, and maybe some light.

Depending on who's doing the defining, the New York Republican is either bringing the congressional spotlight to a legitimate topic or is stage-managing the latest confrontation in the clash of civilizations.

NPR's Barbara Bradley Hagerty examined the competing views of King's hearing for All Things Considered.


An excerpt:

BARBARA: The good news, Congressman Peter King says, is that al Qaeda has been thwarted from flying any more planes into buildings or attacking the US from overseas. The bad news, he told Fox News, is that some Muslims in the US are picking up the slack.

KING: We are under siege by Muslim terrorists and yet there are Muslim leaders in this country that do not cooperate with law enforcement. We have the reality that al Qaeda is trying to recruit Muslim Americans and yet we have people in the Muslim community who refuse to face up to this.

BARBARA: And so King, the Republican chairman of the House Homeland Security Committee, is investigating homegrown terrorism. That might be a valid topic, says Corey Saylor at the Council on American Islamic Relations, except that he believes King has an agenda.

And that agenda, as Saylor frames it, is prosecutorial. More from Barbara's piece:

SAYLOR: So (King's) said things like, there are too many mosques in America. He's alleged that 80 percent of American Muslim leadership is extremist, yet never given any evidence to back that up. That's the kind of thing that leads you to the Salem witch trials, the Inquisition, and frankly, McCarthyistic hearings.

But there are Muslims who disagree with Saylor. Both Barbara and NPR's Michel Martin, host of Tell Me More, spoke recently with M. Zuhdi Jasser, president of the American Islamic Forum for Democracy. Jasser is scheduled to testify at Thursday's House hearing.

He told Michel:

I think the best way to melt away any bigotry that may exist out there towards Muslims is for Americans to see that we're taking ownership, that we want to fix it, that we recognize that violence is just a symptom and we want to begin the hard work of reform...

... What I would consider radical ideas, again, is not necessarily violence. I see a bigger problem of imams who have held up pictures of American soldiers in Iraq and said that these soldiers... are raping and killing our children in Iraq and saying that America is in a war against Islam.

I've seen American Muslim organizations tell Muslims to only talk to the FBI if they have an attorney. I see groups like the Assembly of Muslim Jurists of America, it's a consortium of many imams at mosques around the country, that gives Muslims fatwas or religious rulings on what to do.

They've told fatwas to Muslims "Don't do the Pledge of Allegiance. Don't work with Homeland Security because it's an infidel type military that's not yours."

Is that a majority? Absolutely not. Most Muslims don't believe that. And yet, these ideas are not just a psychiatric issue. It's a theo-political movement that's still in the 15th and 16th centuries and they talk about reform. And yet the ideology still hasn't gone through the intellectual reformation.

King's planned hearing has caused his own past support for the Irish Republican Army to come under scrutiny, with the Washington Post running a story on that part of his background over the weekend.

As NPR's Mark Memmott posted on The Two-Way blog, King defended himself Wednesday from charges of hypocrisy and that he has a double standard, one for himself and another for American Muslims.

The #End is near.. #Depression headed our way

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Please do NOT be caught off guard.. The information is out there as far as what we are facing in the United States. We see a preview all over the middle east right now. If not for the manipulation and lies of our own government and the Federal Reserve Bank we would actually know that we are in the depths of a depression right now due to completely unmanageable debt at every level of our society.

Check out the two short videos below to "get a clue"
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Economic Depression Coming

Depression is Inevitable Now (Alex Jones)

2008 - God's Final Witness

Couple of my favorite links from #Friday Weekend reading

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Initial Look at the Pentagon’s Report on Economic Terrorism: Mortgage Meltdown, Debt & Dollar Debacle


SAUDI ARABIA'S REGIME WILL FALL, Says Analyst

I know.. I like weird stuff ;)

Hope all are having a great weekend!

Greg

Extreme Super (Full) Moon to Cause Chaos?

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You may click here for the source post on http://www.lunaticoutpost.com if you prefer
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Extreme Super (Full) Moon to Cause Chaos?
Mar 1, 2011; 7:54 AM ET http://www.accuweather.com/blogs/astrono...-chaos.asp

Coming up later this month (March 19 to be exact) the moon will make its closest approach to Earth (called lunar perigee) in 18 years. A new or full moon at 90% or greater of its closest perigee to Earth has been named a "SuperMoon" by astrologer Richard Nolle. This term has been recently picked up by astronomers. An extreme "SuperMoon" is when the moon is full or new as well as at its 100% greater mean perigee (closest) distance to earth. By this definition, last month's full moon, this month's and next month's will all be extreme "SuperMoons".

I have read several "new age" forecasts that go something like this: "Extreme SuperMoon this month (March 2011) will bring strong earthquakes and storms and/or unusual climate patterns." Google the term 'extreme SuperMoon March 2011' and see for yourself what comes up. The validity of these types of forecasts can be debated ad nauseum.

There were SuperMoons in 1955, 1974, 1992 and 2005. These years had their share of extreme weather. Is the Super Moon and the extreme weather a coincidence? Some would say yes; some would say no. I'm not here to pick sides and say I'm a believer or non-believer in subjects like this, but as a scientist I know enough to ask questions and try to find answers.

We obviously know that there are scientific laws that say the moon affects the Earth (i.e. tides). There are also less proven theories that say the moon affects the Earth (i.e. abnormal behavior during a full moon). Can the Super (full) Moon contribute to extreme weather?

AccuWeather Facebook fanpage member Daniel Vogler adds, "The last extreme super moon occurred was on January 10th, 2005, right around the time of the 9.0 Indonesia earthquake. That extreme super moon was a new moon. So be forewarned. Something BIG could happen on or around this date. (+/- 3 Days is my guess)"

So what can we expect this time? Earthquakes? Volcanic eruptions? I guess we can only wait and see.

#Free #Trade $EURAUD Daily Tunnel Challenge

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3rd challenge of the daily tunnel for $EURAUD

Free trade now.. 3rd times a charm?

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Your #Taxes likely went UP, not down! There was NO #Tax cut!!

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This is something that has been puzzling to me for some time and I'm just now getting my mind wrapped around it.. Tax code is NEVER an easy subject to grapple with (by design) and I'm certainly no accountant! LMAO

What I am finding as I look into this matter is downright SCARY!

PLEASE read this story from yesterday's local newspaper before you continue.. Entitled "Slow Start" here but "Tax cut has little impact on economy in January" here

There was NO tax cut! In fact there was/is a tax INCREASE on the lowest income earners in the country at a time when they are experiencing the most stress financially!

You saw NO mention at all of this in the above article! Is this an intentional "lie" via omission of fact?! OR should we simply realize and accept that so-called "economists" simply do not have a f'ing CLUE what is really going on?! It has to be one or the other as I will demonstrate!

PLEASE bare with me on this post as I realize it may end up being longer than I might like.. But it is very important to understand how Washington and their economists are LYING to the people of the United States! Either intentionally, if you prefer conspiracies, or through gross negligence and ineptitude.

By MARTIN CRUTSINGER and DAVID PITT, "AP Business Writers" Martin Crutsinger And David Pitt, Ap Business Writers – Mon Feb 28, 4:38 pm ET

"WASHINGTON – A Social Security tax cut that "economists" say should "help the economy this year" is off to a slow start. Consumers increased their spending last month at the weakest pace since June, even with the extra money in their paychecks" (There IS no EXTRA money in their paychecks!).

"Personal finance experts" say the real test of the tax cuts impact will come this spring, when the Easter holiday sales begin.

The increased income is part of an additional $110 billion that "economists" say workers will receive this year from the cut in their Social Security taxes. "Most families" will see about $1,000 to $2,000 in extra income. (That most families will see more money in their checks is either an extreme conspiracy among "economists" or a bald faced LIE!)

""Economists" said the extra spending would help boost growth and could lead businesses to hire more."

"It doesn't look like the economy is going to get any strong net boost from the Social Security tax cut," said Paul Dales, senior economist at Capital Economics. "It will just go to pay higher prices on food and energy." (There IS no [net] tax cut and higher food and energy costs will only PILE ON to the troubles faced by low income Americans.

"One factor that the report doesn't take into account is how much was spent on reducing debt. Households may have boosted their spending in December — after hearing about the pending tax cut — and spent the extra money in January to pay credit card bills." (BULLSH*T! The one factor the report did NOT take into account is the FACT that taxes went UP not down! ESPECIALLY for lower income earners who can LEAST afford it!)

"When people get these types of "paycheck boosts from the government", typically the first area people will spend on is essentials for the family," Jain said, professor of marketing research at the University at Buffalo School of Management. (As I will demonstrate there was NO paycheck boost from the government!)

Here is a discussion I had with an "Intuit Payroll Services specialist" at Intuit this morning..

Chat Information Thank you for chatting with us today!
While you wait for an Intuit Payroll Services specialist to join this chat, please enjoy this video about recent regulation changes that may affect your payroll.

Your payroll specialist will be with you shortly.

Chat Information You're now chatting with 'Intuit Payroll Services specialist'.

Intuit Payroll Services specialist: Hi there! Welcome to Intuit Payroll Chat Support. One moment while I review your question.

Gregory Phillips: Sure.. thank you

Intuit Payroll Services specialist: I will be happy to help you with your question. I may also have some clarifying questions for you.

Gregory Phillips: Sure that would be great

Intuit Payroll Services specialist: The tax tables themselves didn't actually increase this year. There was a Making Work Pay credit that ended at the end of 2010 which is why some people are seeing an increase in federal withholding.

Intuit Payroll Services specialist: However, to answer your question, in some cases it will be wash.

Gregory Phillips: I'm just a little confused when I see the 2% tax cut is expected to boost consumer spending and also see the making work pay credit expired and wonder do those two not pretty much just cancel each other out?

Intuit Payroll Services specialist: The federal withholding increase may be more or less than the 2%. It won't be the same for everyone since it is based on a variety of factors.

Gregory Phillips: Any idea of maybe a rough percentage on how many people will find their paycheck to be about the same size?

Gregory Phillips: Rough guess?

Gregory Phillips: I guess what I am wondering is how many people will be affected by the expiration of the tax credit on a percentage basis..

Intuit Payroll Services specialist: There isn't really a way to do a rough percentage for this type of tax. It would be fair to say that any employee that has federal withholding calculating now would be impacted.

Gregory Phillips: So virtually everyone will see their tax withholding increase? Is that a fair statement?

Intuit Payroll Services specialist: That is what I would expect. If you wanted to have something to show the employees, they can always look at the Publication 15 for the IRS to see what the tax should be.

Intuit Payroll Services specialist: Please click here to view the Publication 15.

Gregory Phillips: Ok I'll let you get back to work as I don't want to keep you tied up.. But one more question.. Is it fair to say that the increase in the federal withholding cancels out the social security 2% tax cut for the majority of tax payers?

Intuit Payroll Services specialist: I can't honestly say since it isn't a flat calculation. In my experience, most people are experiencing more than a 2% increase in federal withholding.

Gregory Phillips: Ok thank you very much for your time I truly appreciate it

Wow! Blows my mind..

The federal withholding increase may be more or less than the 2%.

It would be fair to say that any employee that has federal withholding calculating now would be impacted.

Gregory Phillips: So virtually everyone will see their tax withholding increase? Is that a fair statement?

Intuit Payroll Services specialist: That is what I would expect.

In my experience, most people are experiencing more than a 2% increase in federal withholding.

From another source..

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This year only, Social Security withholding is 4.2 percent, down from the 6.2-percent rate where it's been for several years. It affects all eligible earnings up to $106,800 annually per person. The new tax reduction is worth up to $41.08 per week, $2,136 per year, for a wage earner with $106,800 or more. A wage-earner making $50,000 in taxable income would gain an additional $19.23 per week, or $1,000 over the course of the year.

However, many middle- and lower-income taxpayers may not see that big a bounce in their take-home. That's because at the same time the Social Security tax cut was implemented, the Making Work Pay Tax Credit, worth up to $400 per person, was eliminated. That credit was available to individuals making up to $75,000, and married couples making up to $150,000.

As we've reported, taxpayers making $20,000 or less actually will take home less this year with the Social Security tax cut replacing the Making Work Pay Credit. "Some lower-income workers may enjoy more of an immediate benefit under the social security tax reduction than they did under the Making Work Pay Credit, but not necessarily more of an overall tax savings," Mezistrano notes.
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And perhaps the clearest statement of actual fact that I found here and in it's entirety below..

A number of people have noticed changes in their paychecks this month as result of the 2% payroll tax cut and expiry of the Making Work Pay tax credit. While the Obama administration had touted the 2011-2012 tax cut/new stimulus package extension as legislation that will benefit 95% of Americans, the sad truth is that the tax cut and credit expiry have in fact left low income earners (< $20,000 gross income) worse off.

For taxpayers making less than $20,000 a year ($40,000 for couples), the 2% payroll tax cut will turn out to be a tax hike when you factor in the expiry of the making work pay credit; which provided a flat $400 off federal withholding taxes to single filers and $800 to joint filers (and who earned less than $75/$150K) . Under the new tax laws, workers making $15,000 a year, for example, will pay $100 more in taxes during 2011 than in 2010. And if they file a joint return, they will pay $500 more. Those earning less could be hit even harder.

High Income earners benefit: Those who take home big paychecks, however, will see more money this year. A couple making $250,000 combined didn’t even qualify to collect the Making Work Pay credit, but this year, they could get a tax break worth more than $4,200.

51 million Americans will pay more in taxes this year than last year, according to the Urban-Brookings Tax Policy Center, including about 41 million low-income workers, half of whom make less than $19,000. Meanwhile, of the 72 million taxpayers who will benefit, nearly 40 million make more than $65,000. The payroll credit will put an estimated $110 billion into taxpayers’ pockets this year, almost twice as much as the $60 billion they got through Making Work Pay. But because much of the money from the payroll credit is going to higher income taxpayers, it might not be as effective as the Making Work Pay. (Detroit News)

I have also received a number of comments on this topic from people understandably confused about why their paychecks were smaller in January. The reason these folks saw a drop in their take home pay is primarily explained by the above and unfortunately unless they can increase their income they will have less take home pay for the foreseeable future. Everyone’s pay situation is different based on withholdings and employer sponsored benefits, so make sure you carefully review your paycheck to determine the impact of the new tax laws.

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So which is it?!

Is it REALLY a huge government / economists conspiracy to mislead the American people into THINKING their taxes have been cut when in reality they have been INCREASED for the foreseeable future?!

OR are the people involved in government and well trained "economists" so inept and uninformed that they REALLY don't have a f'ing CLUE what is going on?!

Either way it's not a very good "sign"..

The point of this post is that taxes were actually INCREASED on that portion of American taxpayers who can least afford it! And major governmental officials and educated professional economists are either intentionally LYING about this FACT or are so incredibly uninformed and ineffective that they have NO BUSINESS projecting ANYTHING!

Greg

Matthew 25:40 "Verily I say unto you, Inasmuch as ye have done [it] unto one of the least of these my brethren, ye have done [it] unto me."

h1 tunnel & 13 EMA support $EURAUD

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I also like the h4 & daily charts on this one.. Not shown here..
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Open Letter To The World

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I thought this was interesting.. You may click here for the source post
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Open Letter To The World

We stand at a unique time in our history, the rise of the internet and computer technology have contributed to an unparalleled rate of prosperity for the First World.

We have created for ourselves and empire unlike any other, a global network of constant trade and communication, a new age of technological advancement. We have come a long way from our humble roots in the Industrial Revolution and the days of Manifest Destiny. We are now pioneers on new digital frontiers expanding our domain from the quantum world to the far reaches of space.

And yet, the empire faces a crisis, a global recession, growing poverty, rampant violence, corruption in politics, and threats to personal freedom. As it was before in other times of crisis, the old stories have begun to repeat themselves. The half truths, this time repeated nightly on cable news and echoed through a series of tubes onto the internet: the empire is strong, change is unwise, business as usual is the answer. In times of uncertainty there are those who seek to add to the confusion, to prey on our insecurities and fears. Those who would seek to keep us divided for their own gain. The pervasive strategy takes many very convincing forms: Liberals and Conservatives, Christians and Muslims, Black and White, Saved and sinner.

But something unexpected is happening. We have begun telling each other our own stories. Sharing our lives, our hopes, our dreams, our demons. Every second, day in day out, into all hours of the night the gritty details of life on this earth are streaming around the world. As we see the lives of others played out in our living rooms we are beginning to understand the consequences of our actions and the error of the old ways. We are questioning the old assumptions that we are made to consume not to create, that the world was made for our taking, that wars are inevitable, that poverty is unavoidable. As we learn more about our global community a fundamental truth has been rediscovered: We are not so different as we may seem. Every human has strengths, weaknesses, and deep emotions. We crave love, love laughter, fear being alone and dream for a better life.

You must create a better life.

You cannot sit on the couch watching television or playing video games, waiting for a revolution. You are the revolution. Every time you decide not to exercise your rights, every time you refuse to hear another view point, every time you ignore the world around you, every time you spend a dollar at a business that doesn't pay a fair wage you are contributing to the oppression of the human body and the repression of the human mind. You have a choice, a choice to take the easy path, the familiar path, to walk willingly into your own submission. Or a choice get up, to go outside and talk to your neighbor, to come together in new forums to create lasting, meaningful change for the human race.

This is our challenge:

A peaceful revolution, a revolution of ideas, a revolution of creation. The twenty-first century enlightenment. A global movement to create a new age of tolerance and understanding, empathy and respect. An age of unfettered technological development. An age of sharing ideas and cooperation. An age of artistic and personal expression. We can choose to use new technology for radical positive change or let it be used against us. We can choose to keep the internet free, keep channels of communication open and dig new tunnels into those places where information is still guarded. Or we can let it all close in around us. As we move in to new digital worlds, we must acknowledge the need for honest information and free expression. We must fight to keep the internet open as a marketplace of ideas where all are seated as equals. We must defend our freedoms from those who would seek to control us. We must fight for those who do not yet have a voice. Keep telling your story. All must be heard.

A #Ponzi #Scheme called #Capitalism

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Since 1913 our fiat currency has been systematically devalued through inflation by the Federal Reserve Bank.

I think our entire house of cards, debt based, ponzi scheme of an "economy" may be based on a guarantee of gradual inflation over time.

In exchange for this government / FED guaranteed ability to increase prices and presumably earnings perhaps corporation have agreed to increase wages enough so that sheeple can still go to the mall to buy plastic gadgets..

However, corporations did reserve the right to fire / unemploy as many "workers" as necessary if presented with something as substantial as a "slow" economy which could possibly effect earnings per share in a negative way.

I don't think much thought is given as to how many lives may be ruined by their actions to protect the "holy grail" of profits..

How many single mom's may be booted into the street by foreclosure?

I doubt that comes up in the boardroom much either.

Hell, in the boardroom the only thing that matters is profits. Beating earnings estimates every f'ng quarter is the "goal". So it's pretty clear what the corporate "mission" is..

Do whatever TF it takes boys, GIT ER DONE!

And, so filled were they with hubris, lust, greed and corruption that they blew everything TF up.. Politicians and bankers alike..

We set this system up. Presumably we the people through our "representatives". Apparently today it passes for "capitalism". Which is supposed to work.

For everyone..

Is it?

Apparently it is.. Not too long after the (unwarranted?) panic of 2008, banks were reporting "record" profits..

Major corporations too, "record" profits..

The market is up 100+ percent off the bottom.. 100+ percent..

Capitalism, it seems, is working just great! The Bernanke led Federal Reserve banking "system", including the somewhat mysterious Primary Dealers, have made sure of that..

Do whatever TF it takes boys, GIT ER DONE!

Why did all those millions of people have a job in the first place? "Record" profits without them? F*ck them..

Since we the people, in theory anyway, set up this "thing" we call an "economic system" does that mean we the people can "change" it? Or merely scrap it altogether? At least in theory?

I just don't feel like the government, Federal Reserve Bank, Primary Dealers or major corporations would like that idea..

They just wouldn't like the idea of ordinary (uneducated?) people tinkering around with their "baby".

I certainly don't see any indication from any of them that "they" want to change anything at all.

It seems, to me, that most of our so-called economy is based on the ability of banks and corporations to wage a war of predatory lending and usury against schooled, yet somehow uneducated, sheeple.

Eh.. F*ck those people who lost their jobs and homes, they'll get over it.. This is capitalism & if you don't like it then f*ck you too! Start your OWN f'ing business and do whatever TF you want! Just shut TF up and stop your whining already!

JEEZE, I got PROFITS to worry about here! WTF is WRONG with you anyway?!

Sometimes, I must admit, I'm not even all that impressed with capitalism anymore..

There.. I f'ing said it..

Greg