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Showing posts with label Finance. Show all posts
Showing posts with label Finance. Show all posts

Thursday, 18 February 2010

A New World Order Is Emerging

Posted By The Editor On April 2, 2009 @ 11:26 pm In Mike Robinson 

Those were the closing words of the new global chancellor of nothing yesterday, during his post G20 summit speech [1]. “These are not just a single collection of actions,” he said, “This is collective action; people at their best. I think a New World Order is emerging, and with it a new and progressive era of international cooperation. We have resolved that from today, we will together manage the process of globalisation …”

So there you have it. The much mooted New World Order takes another lurch forward with this G20 summit and (to quote Brown from a previous speech) “the greatest restructuring of the global economy the world has ever seen.” He just loves to brag, doesn’t he?

The content of the final communique [2] from the G20 makes the agenda clear for all to see. The financial collapse has been engineered to put every nation on this planet in such a dire situation that they must accept a new global financial dictatorship, or die. No nation state has any sovereignty as from this day.

The problem for Brown and his colleagues is that to get to this point they had to destroy the world’s financial system. Their financial system. What do they do now?

The answer lies with their intention to keep pumping hyperinflationary funny money into the system in an effort to keep the collapsing bubble inflated until such times as they can -

- organise the global warming scam into a new source of hot air for the bubble.

Pathetic, transparent, and did I mention pathetic?

These idiots really believe that the system can still be saved. They really believe that if they can just keep some air in the bubble long enough, that the gaping hole can be filled.

But the numbers just don’t stack up – an additional one trillion Dollars (making five in total) to support one quadrillion Dollars of unpayable derivatives debt.

Its a dangerous game they’re playing. One that I am determined to make sure they lose, as, I know, are most of you.

My immediate response to all this?

Just go to Hell, Gordon – and you will, sooner or later. Take your bailouts, your globalisation, your Free Trade and your New World Order with you.

Article printed from The UK Column: http://www.ukcolumn.org

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[1] post G20 summit speech: http://www.number10.gov.uk/

The End Of The United States

Posted By The Editor On September 19, 2008 @ 2:52 pm In Mike Robinson 

As I write this, in a real sucker punch, the FTSE is up 10% so far today. Hooray, the world is saved!

Or not.

What could be behind this insane, hysterical reaction?

One reason is that late yesterday, the FSA called a halt to short selling of financial stocks in the UK. As a result, many (t)raders have had to get themselves out of short positions. That musta hurt!

The second, much bigger, reason is that the US Treasury Secretary, Hank Paulson, in collusion with the US Congress, is about to commit an act of blatant treason.

Instead of doing the right thing, which would have been to place the system in administratrion (bankruptcy reorganisation), he has decided to make the United States itself bankrupt.

The bankers are laughing up their sleeves.

What Paulson has announced is this: he will establish a Federal agency to buy up what will amount to trillions of dollars of bad debt. The debt will become the liability of the US taxpayer. The bankers will get off scot free. The US will also insure investors in US money-market funds, which have seen significant withdrawals in recent days.

The idea is that, in a reflection of the Resolution Trust Corporation, the debt will be warehoused so that it can get the chance “for much of it to recover a portion of its value.”

But make no mistake, as far as the financial system is concerned, this will achieve nothing, other than delay the inevitable once again.

The real benefit for Paulson’s controllers, is that long held goal of the financial elites – the end of the United States, and that pesky Constitution.

What about us, here in the UK? For us, there’s the small matter of the spectre of hyperinflation which will make Weimar Germany pale into insignificance.

Article printed from The UK Column: http://www.ukcolumn.org

Wednesday, 17 February 2010

Collapsing House Of Cards

Posted By The Editor On September 15, 2008 @ 8:27 am In Mike Robinson 

Dear ,

The house of cards that is the global financial system is now in terminal collapse. Mr Darling’s recent suggestion that no-one could see this coming was typical of the reasoning that has got us to this point, and was either a simple lie, or demonstrates his complete incompetence.

So, how did we get here? The answer is simple. We the people allowed bankers and politicians to implement policies which could only ever end one way, and, in fact, demonstrated a complete lack of understanding of economy.

Economy is physical – it comes from the ability of a nation to generate wealth through human productivity.

The deliberate winding down of our skilled manufacturing base, the deliberate lack of investment in basic economic infrastructure such as power stations, transport systems, water systems etc., the deliberate asset stripping of what little infrastructure we have left, to place so-called “value” in the hands of shareholders, and the insane fiscal policies which have allowed for the blowing of bubbles to sucker the mass of the population into believing that something could be got for nothing, could only ever end one way.

It is a year since the collapse of Northern Rock, the first major sign of what was to come. What did you do? Nothing.

You did nothing when major UK banks announced they needed to raise additional capital through share issue.

You did nothing when the greatest bailout of all time – that of Fanny and Freddie – signaled the immediate collapse of the global financial system.

You do nothing as the mountain of personal debt the people of this nation carry approaches twice our GDP.

And you will do nothing, no doubt, now that Lehman Brothers is in bankruptcy, and Merryl Lynch has been bailed out by Bank of America.

When will you admit that the collapse of this house of cards is accelerating? When will you admit that globalisation is, and always was, insane? When will you admit that free trade is by no means free? When will you admit that international action is required to save our lives?

Because, make no mistake, unless you act, and act now, tens of thousands of lives will be lost in the UK, as a result of collapsing government finances bringing in even less money for social security and the health system.

I am writing, therefore, to tell you what you must do.

You must begin work, today, now, to cause the meeting, round a table, of the governments of the UK, USA, France, Germany, Russia, China, and India, and you must place the global financial system in administration. You must tell the bankers to go to hell. You must freeze all speculative debt, including mortgage debt, and you must make sure that nations have the time they need to sort out the mess. This can only be done through international treaty.

One mess that needs to be sorted out, for example, is agriculture, specifically food production. Food production needs to be doubled in order to feed the world. Transport systems need to be built to get the food to where its needed efficiently. Power systems need to be built now in order to guarantee our needs for the next few generations.

It’s time to act. It’s time to recognise that money does not make the world go round. The productive and creative power of the human being does that.

I am calling on you to be productive, creative, and demonstrate you have the guts required to be a leader. Any government is only as effective as its individual MPs. If you are effective, the government will be too.

So, act. Act now.

Yours …

Article printed from The UK Column: http://www.ukcolumn.org

Tuesday, 16 February 2010

Hustle!

Posted By The Editor On January 30, 2009 @ 4:03 pm In Mike Robinson

The IMF is out of cash.

That is, according to the governor of Mexico’s Central Bank, Guillermo Ortiz, at this years otherwise absolutely insane Davos economic forum, who said [1], “The IMF does not have enough money for what is coming.”

Turns out, he was right. The Wall Street Urinal reported this morning [2]:
“The International Monetary Fund is finalizing a $100 billion loan from Japan and is considering issuing bonds for the first time in its history, as part of an effort to double the financial resources it has to fight the deepening global recession.”

The IMF has a lending capacity of about $250 billion, and wants to double that. In the past the UK and the USA have vetoed the IMF issuing bonds to raise money. I doubt such a veto will come from the UK this time, since we are so bankrupt we may just need IMF cash in the not too distant future.

The $250 billion figure seems strangely low to me, considering it is usually the IMF that countries run to when they can’t pay their debts.

But it raises an interesting question – if the IMF extends loans to nation states using money it has borrowed from banks, and nation states are using those loans to bail out banks, where is the interest on the loans going?

This could just be the biggest scam in history – banks use the fractional reserve system [3] to issue loans, creating  money out of thin air. This previously non-existent money is lent to nation states to fund their bailout packages, where the cash is forwarded back to the banks again to support their balance sheets. In return the banks give the countries involved some worthless “assets.” The tax payer is now liable to the banks for the interest on loans which the banks effectively lent themselves.

Amazing.

Those involved, from Gordon Brown, through every politician who keeps his mouth shut, to every journalist who doesn’t write about it, should be ending their days in prison.

Public Inquiry! Now.

Article printed from The UK Column: http://www.ukcolumn.org

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[3] fractional reserve system: http://www.lewrockwell.com/rothbard/frb.html

Public Inquiry

Posted By The Editor On January 6, 2009 @ 10:49 am In Mike Robinson

It is truly incredible how brass necked the financial elites and their political puppets in all parties have been in treating the world financial system as their personal cash machine, while the “experts” who, until recently, were “completely surprised” by the crisis, are now forecasting corporate and personal bankruptcies, mass unemployment, and world food shortages.

In view of this, the UK Column is demanding an independent public inquiry to investigate the swindles that have triggered the greatest financial crisis in world history.

Typical of such swindles is the Bernie Madoff scandal. Madoff is accused of having swindled fifty billion dollars from his clients, including UK banks. Incredibly, he has been placed under “house arrest” while he awaits trial, on a bail of ten million of his “own” hard earned dollars.

When billionaire swindlers receive such kid glove treatment, while at the same time governments everywhere, including our own, hand out seemingly unlimited amounts of future tax money [1] in order to bail out what is in effect, still, a giant casino, is it any wonder that the working population loses confidence in government?

The signs are overwhelming that we are in the midst of the collapse of the entire world financial system. Yet everyone continues to act as if its just the bust following an extended boom – a normal economic cycle, almost. Orders in key industries down by 30%? World trade collapsing? Crisis in confidence worldwide? No problem! We’ll just print more money!

In July 2007, Gordon Brown was able to announce [2], “… and I believe what will also be said of this age, the first decade of the 21st Century, that out of what will be seen as the greatest restructuring of the global economy, perhaps one even greater than at the time of the industrial revolution, a new world order was created …” He sounds very jolly about it too.

In April 2004, the headline on the front page of the Financial Times read, “Rothschild Turns Its Back On Gold [3].” I found it interesting at the time, that one of the biggest short sellers of gold would cease trading in the metal, clearly stockpiling it for themselves. Why? What did they know?

Who was it that bought the 400 tonnes of Britain’s gold that Gordon Brown ordered the Bank of England to sell [4]? Who is it that continues to buy the gold being dumped on the market today [5]?

So, we are calling for a public inquiry to discover some answers, particularly:
  • how did this disastrous financial collapse come about?
  • who are the guilty parties?
  • does Gordon Brown really consider the entry of India and China into the “new world order” as the “greatest restructuring of the global economy?” Or was he referring to some prior knowledge, as with the Icelandic banking collapse [6]?
  • did Gordon Brown order the sale of half the nation’s gold reserves to private interests who had prior knowledge of the financial collapse? Perhaps because it was their corruption which was bringing it about?
  • was Alastair Darling lying when he trotted out the line, “No, no one did. No one had any idea [7]?”
I “had an idea.” Many, many others “had an idea” that the financial system has been doomed for many, many years, because it was clear that Madoff type corruption was endemic, and that any nation which based its GDP upon speculation and debt, rather than production of physical goods has lost the plot. Is it the case that those in government are simply incompetent, or are they deliberately crashing the system in a cynical repatriation of assets into the hands of the chosen few?

Article printed from The UK Column: http://www.ukcolumn.org

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Monday, 15 February 2010

CofE Covered In Blood And Gore

Posted By The Editor On January 2, 2009 @ 1:06 pm In Mike Robinson

According to Reuters a few days ago, the Church of England has invested £150 million with Generation Investment Management, a London based hedge fund owned by David Blood, ex-Goldman Sachs, and Al Gore, racist and genocidalist.

Al Gore is not a very nice guy. Certainly not someone any Christian should respect.

A Tennesee racist, his introduction into the political scene was with a seat in the US Congress – a reward for his part in the frame up of Morris Haddox, an African American political leader, who was trying to stop Nashville police from destroying his community by allowing unhindered narcotics trafficking and prostitution. This frame up was part of the FBI’s Operation Fruehmenschen [1] (German for “early” or “primitive men”), in which black politicans and officials were illegally targeted and smeared, from the late 50’s until the mid 1970’s.

Gore’s  racism came to public notice in 1999, when he condemned millions of Africans to a lingering death by denying them access to generic Aids drugs [2]. Never let a human life get in the way of making a profit, eh?

In more recent years, of course, Gore has been fighting his “Global Warming” crusade.

Gore claimed, for example, that Himalayan glaciers are shrinking and global warming is to blame. Yet the September 2006 issue of the American Meteorological Society’s Journal of Climate reported that this is only partly true [3]. Gore claimed the snow on top of Mount Kilimanjaro was shrinking and that global warming was to blame. Yet according to the November 23 2003, issue of Nature magazine, “Although it’s tempting to blame the ice loss on global warming, researchers think that deforestation of the mountain’s foothills is the more likely culprit. Without the forests’ humidity, previously moisture-laden winds blew dry. No longer replenished with water, the ice is evaporating in the strong equatorial sunshine.”

Gore claimed global warming is causing more tornadoes. Yet the IPCC stated in February 2007 that there has been no scientific link established between global warming and tornadoes. Gore claimed global warming was causing more frequent and severe hurricanes. However, hurricane expert Chris Landsea published a study in May 2007 documenting that hurricane activity is no higher now than in decades past. Hurricane expert William Gray reported just a few days earlier, on 27th April 2007, that the number of major hurricanes making landfall on the U.S. Atlantic coast had declined in the past 40 years. Hurricane scientists reported in the 18th April Geophysical Research Letters that global warming enhances wind shear, which will prevent a significant increase in future hurricane activity. Gore claimed global warming was causing an expansion of African deserts. However, the 16th Sept, 2002, issue of New Scientist reported, “Africa’s deserts are in ’spectacular’ retreat … making farming viable again in what were some of the most arid parts of Africa.’”

So, we have a plethora of lies and half truths coming from the mouth of Al Gore. Why? For political reasons? Or was he planning, all along, the next great ponzi scheme? Does the Church of England not see the apparent conflict of interest here?

Generation Investment Management is a hedge fund. Its purpose is to make money for its owners and its clients. It is not philanthropic. It invests in global equities – it just so happens that its marketing niche is to buy and sell shares in companies with “green credentials.” Such as Nestle, that well known environmental and humanitarian corporation.

But global equity is not the end of it, because here comes the ponzi scheme – Carbon Credits. New financial engineering in the style of Mr Madoff, perhaps. A drivatives based tax on the world’s populations.

The day after The Inconvenient Truth won its Academy Award, the Tennessee Center for Policy Research reported that Al and his wife Tipper’s home electricity bills for one month were about equal to the annual electricity bills of an average American household. It’s OK, though, because he offsets this energy use with Carbon Credits – purchased from Generation.

Is this the sort of place the Church of England should have its money? Should the Church of England be contributing to Al Gore’s salary?

I don’t think so.

Article printed from The UK Column: http://www.ukcolumn.org
URL to article: http://www.ukcolumn.org/2009/01/02/coe-covered-in-blood-and-gore/
URLs in this post:
[1] Operation Fruehmenschen: http://www.jstor.org/pss/2784793