GLOBAL ECONOMIC MELTDOWN: ARRIVED!
"Those worried about protecting their savings should spread them across a number of banks ..." !!! The Guardian, 19 March 2008

And the Telegraph:
And no one is coming to the rescue of Gangster Carlyle!
Finally, the World refuses to support the Oil/War World Eco-Rape Machine ... nor do they care that the US economy is now collapsing -- neither 'American' Rockefellers nor European Rothschilds et al.
The US Corporate [Non-] Intelligence State can learn respect -- of an entire WORLD of culture and environmental legacy -- or dissolve in its self-generated bile of acidity ...


Comments (6)
NEWSFLASH:
NilleniumTwain now works for the Fox News affiliate in Ojai, CA!
Comment #1 Posted by: El A | March 19, 2008 05:06 AM
NEWSFLASH (Foxy News, Ojai,CA_:
Nihilismium Twain, a rogue trader at Bear Stearns, is now being credited with bringing down the frail infrastructure of the intergalactic economy.
In a cellphone interview, cut short because Mr. Twain apparently had not paid his phone bill, he asserted:
"I was simply doing my job".
Mr Twain has been detained at the former Ojai Honor Farm, where he has been assigned weeding duties and caring for infant chicks.
Mr. Twain's family and friends had noted that he had been acting even more unusually strange lately, given to bouts of EXTREME seriousness, solitude and simplicity, subsisting on only 1 carrot/day and tending to his grove of exotic subtropical non-indigenous fruit trees and hybrid sheep.
Some experts think this latest bout may have been precipitated by a large flat tire on the rear wheel of his bicycle that he was unable to repair.
In his previous detainments Mr. Twain has proven to be a very helpful individual, helping young children achieve high marks in marbles, checkers and Parcheesi.
He claims his experiences with these games helped him formulate his radical theory of the cosmos, the economics of independence, and his contemplative poems on the nature of fine energy in as yet unseen and undiscovered galaxies
Comment #2 Posted by: El A | March 19, 2008 05:43 AM
not carrots, cabbage!
not chicks and sheep -- lizards and coyotes.
Millennium
Comment #3 Posted by: Millennium | March 19, 2008 11:35 AM
I actually wrote (then deleted before posting) that even Millenium would have to chuckle at El Anon's post. But then worried: "But what if he doesn't? Wouldn't want to offend him even more".
So glad to see that you have a sense of humour, Millenium! :) :)
Comment #4 Posted by: LTOR | March 19, 2008 11:42 AM
--- David Bear wrote:
They gave a lot more than $30b. Something like $159b.
We may find that thats just the first. Evidently, they
are trying to pull another '29 but managing it so that
there isn't a big depression. This way, they can take
over a swath of banks like they did last time. Whats
notable is that the fed is apparently funding it,
handing them on a silver platter.
"Bear Stearns Cos. was getting bought by JP Morgan
Chase & Co. through an unprecedented Fed-backed
infusion of cash."
http://www.bloomberg.com/apps/news?pid=20601068&sid=agJvBaRiZAiY&refer=home
"As well as promising to underwrite JP Morgan Chase's
takeover of Bear, it has re-activated a Depression-era
rule allowing securities firms to borrow directly from
the Fed."
http://www.independent.co.uk/news/business/analysis-and-features/bear-stearns-the-domino-effect-797810.html
In other words, it was Fed $ that bought Bear, not
Morgans. Cute. (I found a direct statement of this
earlier but didn't note it.) The articles also
illustrate that they are prepared for more.
http://news.bbc.co.uk/2/hi/business/7300017.stm
"The Fed has agreed to take over up to $30bn of Bear
Stearns' assets, removing the risk for JP Morgan."
Cute that they present it like Morgan is doing
everyone a favour. Feds fund it AND remove most
of the risk.
This illustrates who's side the government is on
"Steel, who worked under Paulson as head of equities
and later vice chairman at Goldman Sachs Group Inc.,
used his 30 years of experience on Wall Street to
help hammer out two deals culminating in JP Morgan
Chase's purchase of Bear Stearns."
The Bears executives were given huge "bonuses" -
curious when they almost killed the company. But
I guess it depends on who they were
really working for.
They fail to observe that when the Fed creates
this kind of money (they are not Federal nor do
they have reserves) it deflates the value of all
the other US$. They try to balance the impact
by lowering the interest rate. And thats what
they did.
"Why is the Fed rescuing a non-bank that it does
not regulate?" asks a former Fed chair
http://latimesblogs.latimes.com/laland/2008/03/volcker-questio.html
(if the player seems odd, note that the Fed has
a board that liaises with the government and public
but does not actually control the private bank.
Its a kind of figurehead.)
In '29 they withdrew 1/3 of the currency. Seems
this time they're adding.
Doubt this?
"The actual process of money creation takes
place primarily in banks ... bankers discovered
that they could make loans merely by giving their
promise to pay, or bank notes, to borrowers. In
this way banks began to create money. Transaction
deposits are the modern counterpart of bank notes.
It was a small step from printing notes to making
book entries crediting deposits of borrowers,
which the borrowers in turn could 'spend' by writing
checks, thereby 'printing' their own money."
� Modern Money Mechanics, Fed Reserve Bank of Chicago
"Banks create credit. It is a mistake to suppose
that bank credit is created to any extent by the
payment of money into the banks. A loan made by a
bank is a clear addition to the amount of money
in the community."
Encyclopedia Britannica, 14th Ed (pub. 1929 -
not new info. They don't teach this in school though)
Did you know you were printing money when you
spent a loan or used a Visa card? Do you work for
a company that 'finances' its operations? Then
your pay did not exist until you got it, and
then really only when you spent it. Money as
is typically understood is a fiction, a fiction
people can spend their lifetimes chasing and
stressing about.
"I care not what puppet is placed on the throne
of England to rule the Empire. The man who controls
Britain's money supply controls the British Empire
and I control the British money supply."
- Nathan Rothschild (re: Bank of England)
The Fed too. Its privately owned. Ownership not
known but pretty clear. Almost every country in
the world now has a Fed. Iraq got its in '04.
"It is well enough that the people of this nation
do not understand our banking and monetary system,
for if they did, I believe there would be a
revolution before tomorrow morning."
Henry Ford
Its nothing to be depressed or upset about though.
Its a game. They're playing hardball. As per the
Busting Loose post, its a game you can't win.
So don't play it. Bust Loose. Change the rules.
-- MTwain wrote:
Looks like the deal cut with HedgeHog JP Morgan
(Rockefeller) -- who (it is said) brought us the
1929 Stock Market Crash, and the 9/11 Towers Crash --
is that rather than putting us through ANOTHER 9/11
or 1929 -- the FED (European Monarchy and Rothschilds)
gave them Bear Stearns as a consolation prize.
The US Gangsters still get their billions and
trillions, the public maintains their customary
enslavement -- and BOTH keep their traditional
corporate market addiction (servitude to the
European Bankers.)
Gold Reaches One Thousand Dollars Per Ounce
http://www.thebulliondesk.com
US Taxpayers Give $30 Billion and Bear Stearns to Rockefeller/Morgan
http://www.ft.com/cms/s/e2206ed2-f380-11dc-b6bc-0000779fd2ac.html
Millennium Twain
..
Comment #5 Posted by: Millennium | March 20, 2008 11:01 PM
aho Rose,
to simplify and repeat:
the NEW 'deal' was cut between the Rockefellers
(JP Morgan Chase et al), and the European Gangsters
(Rothschilds and Monarchies) who TOGETHER ran
the 9/11 Stock Play.
the DEAL is to NOT do any more 9/11s -- as everyone
is in the KNOW now as to what is going on in the
international money marketplace. we ALL know who
the gangsters ARE and what they are DOING!
from now on they just take the graft, in full
public view, as in Japan and elsewhere.
and NO MORE Twin Towers downings ... and no more
'full-on' Stock Market Crashes.
it's up to us now, to expand the dialog, and throw
off our banking, lawyer, government, corporate, media,
medical, industrial, religious, war-machine, chains.
for ALL our sacred relations,
Millennium Twain
last I checked, Rockefeller was STILL the international
Chairman of JP Morgan Chase!
formerly he was only the US Chairman.
he and his organization have NOT retired yet,
as evidenced by 911, and this Bear Stearns
acquisition!
~~
~~~
In SpiritualNetwork, Rose asked:
Hi, I am confused by your post. Are you saying that
Rockefeller made a deal with the JP Morgan bank or
that Rockefeller is in alliance with the JP Morgan
bank? I know that Rockefeller and Morgan were in
alliance back in the early 1900's to create what
became the Federal Reserve Act which got ramrodded
through Congress in 1913 when most members were home
for Christmas. Please clarify for me what you mean
with this post? I have been doing some research into
all of this and want to make sure I understand
completely what you are saying. Thank
you! Rose
Comment #6 Posted by: MTwain | March 21, 2008 07:40 PM