2014: The Size Of The Derivatives Bubble Hanging Over The Global Economy Hits A Record High

The global derivatives bubble is now 20 percent bigger than it was just before the last great financial crisis struck in 2008.  It is a financial bubble far larger than anything the world has ever seen, and when it finally bursts it is going to be a complete and utter nightmare for the financial system of the planet.  According to the Bank for International Settlements, the total notional value of derivatives contracts around the world has ballooned to an astounding 710 trillion dollars ($710,000,000,000,000). Other estimates put the grand total well over a quadrillion dollars.  If that sounds like a lot of money, that is because it is.  For example, U.S. GDP is projected to be in the neighborhood of around 17 trillion dollars for 2014.  So 710 trillion dollars is an amount of money that is almost incomprehensible.  Instead of actually doing something about the insanely reckless behavior […] Read More

2014: “The Oceans Will Rise; Nuclear Winter Will Be Upon Us; And The World As We Know It Will End”

As U.S. Justice Department prosecutors begin to bring the first criminal charges against global banks since the financial crisis, they are facing dire warnings of uncontainable collateral damage from none other than the sell-side’s banking analysts… “Don’t play with matches,” warned Brad Hintz, bringing up the specter of Enron (somehow suggesting we would better if that had not been prosecuted?) “The mere threat of requiring a hearing could cause customers to lose confidence in the institution and could cause a run on the bank,” warns a banking lawyer (well isn’t that how it’s supposed to be?). Too Big To Prosecute is starting to tarnish a little as Preet Bharara begins to bring the heat, adding, somewhat humorously that, banks have a “powerful incentive to make prosecutors believe that death or dire consequences await.” It seems Eric Holder’s words – as we noted here… “But I am concerned that the […] Read More

2014: A List Of 97 Taxes Americans Pay Every Year

If you are like most Americans, paying taxes is one of your pet peeves.  The deadline to file your federal taxes is coming up, and this year Americans will spend more than 7 billion hours preparing their taxes and will hand over more than four trillion dollars to federal, state and local governments.  Americans will fork over nearly 30 percent of what they earn to pay their income taxes, but that is only a small part of the story.  As you will see below, there are dozens of other taxes that Americans pay every year. Of course not everyone pays all of these taxes, but without a doubt we are all being taxed into oblivion.  It is like death by a thousand paper cuts.  Our politicians have become extremely creative in finding ways to extract money from all of us, and most Americans don’t even realize what is being […] Read More

2006: Thirteen families effectively control the central banks

by slave Monday, Apr. 10, 2006 at 8:52 PM NEW WORLD ORDER thirteen families effectively control the central banks of all the hard-currency countries. These “control banks” all practice FRACTIONAL RESERVE BANKING, which is perfectly legal in the US. Fractional reserve banking means that the bank is only required to hold on hand the small fraction of money (5%) that is needed to cover the fraction of deposits likely to be drawn upon and cashed. Money deposited in accounts goes into a reserve upon which credit can be issued. In the US credit can be issued to seven times the reserve, in international banks (offshore establishments) twenty times the reserve can be issued as credit. It is imp[ortant to understand this concept in order to understand the larger picture. In the mid-1970s, the final phase of System 2000, a “global creditors’ unilateral totalitarian plan” was put into effect. A […] Read More

1976: Ownership of Federal Reserve

REAL ownership of the US Federal Reserve Bank. It is not owned by the American Government, never was. Seems to me that the REAL control of the United States is spelled out in these pages. Money from nothing and the planet for free. Chart 1 ** Federal Reserve Directors: A Study of Corporate and Banking Influence – – Published 1976 Chart 1 reveals the linear connection between the Rothschilds and the Bank of England, and the London banking houses which ultimately control the Federal Reserve Banks through their stockholdings of bank stock and their subsidiary firms in New York. The two principal Rothschild representatives in New York, J. P. Morgan Co., and Kuhn, Loeb & Co. were the firms which set up the Jekyll Island Conference at which the Federal Reserve Act was drafted, who directed the subsequent successful campaign to have the plan enacted into law by Congress, […] Read More

2011: LOCK DOWN: Your Cash Is No Longer Your Own: “Everything Is Fine”

By Mac Slavo SHTF plan “Economic martial law will be declared… restrictions will be set on the amounts, times and frequency of withdrawals.” Forecaster Gerald Celente Trends Journal – Summer 2011 We hope you’re paying attention. If there were ever a red flag warning about the economic and financial destruction to come, JP Morgan Chase Bank began flying it this morning. In a shocking report from Infowars we learned that mega-behemoth Chase has issued letters to thousands of business customers indicating that they will no longer be allowing international wire transfers or cash deposits/withdrawals in excess of a $50,000 monthly cap. Chase Bank confirmed to Infowars that all business account holders were being subjected to these new regulations. Given that even a relatively small grocery store or restaurant is likely to turnover more than $50k a month in cash payments, this appears to be part of a wider move to shut down businesses who mainly […] Read More

2003: FEDERAL INCOME TAX: PROOF OF CONSPIRACY

By: Alan Stang For many weeks, we have been looking at what we realistically might do to save our country from the totalitarian dictatorship that is rapidly suppressing it. We have seen that to have any hope of doing so we must recognize the cause: the conspiracy for world government. Presently, we are demonstrating why that recognition is so important, and we chose an issue for the purpose: the sodomite explosion. We chose that issue because it is so much in the news. We could just as well have chosen the federal income tax. A few days ago, the income tax was in the news again, or, rather, it should have been. It should have been banner headlines across the country – but it wasn’t. Because you are reading these profundities at Etherzone.com, you probably already know what I am talking about, but my guess is that few other […] Read More

2007: Cashless society by 2012, says Visa chief

By Tim Webb Published:11 March 2007 Paying for goods with notes and coins could be consigned to history within five years, according to the chief executive of Visa Europe. Peter Ayliffe said that, by 2012, using credit and debit cards should be cheaper and more convenient than cash. Some retailers could soon start surcharging customers if they choose to buy products with cash, because of the greater cost of processing these payments, he warned. Visa Europe briefed the British Retail Consortium last month on new “contactless” cards that can be waved in front of a scanner to make small payments. However, the consortium dismissed this vision and claimed that card processing fees, which regulators are investigating, are still too high. One member of the consortium said that the estimated “interchange” fee charged to retailers amounts to some 4p for each transaction. Nick Mourant, treasurer at Tesco, said: “There is […] Read More

1997: The Golden Rule

The Golden Rule By Gary W. Harding If the global economy is so good for us, why are so many people seeing their incomes go down; why are so many being downsized and outsourced? For the last two decades, there has been a pervasive feeling that something has gone terribly wrong. The rich are getting richer while the poor are getting poorer. The middle class is slowly sinking into poverty. There is a growing sense of cultural and societal decay. Degradation of the environment continues at an accelerating pace. What is happening and why? Is it that there are too many people? Is it because people have become selfish and lazy? Is it because government no longer represents the people? Has the march toward one-world government left most of us on the outside? Or, is it because a small group of wealthy and powerful people have gained control of […] Read More