tag:blogger.com,1999:blog-31655026.post180717707044576557..comments2024-03-28T16:54:32.027+00:00Comments on nourishing obscurity: [interim report] higham status report, late marchJames Highamhttp://www.blogger.com/profile/14525082702330365464noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-31655026.post-70896980547702194982009-03-30T14:23:00.000+01:002009-03-30T14:23:00.000+01:00There WILL be blood in the streets over this. All ...<A HREF="http://zerohedge.blogspot.com/2009/03/exclusive-aig-was-responsible-for-banks.html" REL="nofollow">There WILL be blood in the streets over this. All the US financial blogs are running it. Geithner, ALL GS seniors, ALL JPM seniors, Bernanke, and probably Obama too.<BR/><BR/>The thing is, they are all Fed proxies and many LBMA members, CFR, TRI..<BR/>Mouths are opening, folks are angry over the frauds and criminality.<BR/>Where are the states attorneys?<BR/><BR/>Like I said, corrupt as a freshly laid, - - well, you get the drift <BR/><BR/>ROFLMAO</A>Sonusnoreply@blogger.comtag:blogger.com,1999:blog-31655026.post-32746087590977188642009-03-30T13:14:00.000+01:002009-03-30T13:14:00.000+01:00Pisces - elements of truth in that.Cherie - yes.So...Pisces - elements of truth in that.<BR/><BR/>Cherie - yes.<BR/><BR/>Sonus - I stand corrected.James Highamhttps://www.blogger.com/profile/14525082702330365464noreply@blogger.comtag:blogger.com,1999:blog-31655026.post-74109438258235057542009-03-30T10:31:00.000+01:002009-03-30T10:31:00.000+01:00And confirmation starts to come from all quarters...<A HREF="http://www.theatlantic.com/doc/200905/imf-advice" REL="nofollow">And confirmation starts to come from all quarters</A>Sonusnoreply@blogger.comtag:blogger.com,1999:blog-31655026.post-56781595096939095902009-03-30T10:13:00.000+01:002009-03-30T10:13:00.000+01:00And then you say :-Sonus should have added: ‘Th...And then you say :-<BR/><BR/><B>Sonus should have added:<BR/><BR/><BR/> ‘Therefore evil will win because it is the easier path, dead easy in fact. It’s easier to drop back into, it’s more attractive in its immediate benefits but it’s ultimately self-destructive for the psyche.’</B><BR/><BR/>Why should I add that nonsense? It has no relation to the topic being covered.<BR/><BR/>Your insistence in measuring everything on those terms could cause me to rethink my offer of further articles. There is no possible debate coming from me in those terms. Period.<BR/><BR/>The drama being played out now is a battle for control of THE WORLD, by the politicians or the Behind-the-Curtain-Finance-Houses. Since we know the politicians are all bought, the battle is theatre for our benefit.<BR/><BR/>There a good economic ways to solve the problems, but basically that window has now closed, I maintain the delay was/is deliberate.<BR/><BR/>Now we are left with the bad ways. That too is deliberate.<BR/><BR/>GEAB push is basically an EU push. The Euro is a purely Fiat structure, and auditors have refused for 13 years to sign off on the EU accounts. Convincing me that EU schemes would be any better than Wall Street/US Treasury/GS/JPM/Federal Reserve schemes in the long run, is just not going to happen. Folks who think they will be better with EU proposals have holes in their head.<BR/><BR/>The EU is as corrupt as a freshly laid turd.<BR/><BR/>And that goes for all the other players.<BR/><BR/>That is fact, and has nothing to do with the metamorphosis of any theocratic concepts.Sonusnoreply@blogger.comtag:blogger.com,1999:blog-31655026.post-70128122019555208972009-03-30T01:53:00.000+01:002009-03-30T01:53:00.000+01:00This is an extract from the GEAB link, above.You w...This is an extract from the GEAB link, above.<BR/><BR/>You will note that no mention of the £ is made in the suggested basket, exactly as I predicted earlier in part .<BR/><BR/><B>1. The key to solving the crisis lies in creating a new international reserve currency!<BR/><BR/>The first recommendation is a very simple idea: reform the international monetary system inherited post-wwii and create a new international reserve currency. The US Dollar and economy are no longer capable of supporting the current global economic, financial and monetary order. As long as this strategic problem is not directly addressed and solved, the crisis will grow. Indeed it is at the heart of the crises of derivative financial products, banks, energy prices... and of their consequences in terms of mass unemployment and collapsing living standards. It is therefore of vital importance that this issue should be the main subject of the G20 summit, and that the first steps towards a solution are initiated. In fact, the solution to this problem is well-known, it is about creating an international reserve<BR/>currency (which could be called the « Global ») based on a basket of currencies corresponding to the world’s largest economies, i.e. US dollar, Euro, Yen, Yuan, Khaleeji (common currency of oil-producing Gulf states, to be launched in January 2010), Ruble, Real..., managed by a « World Monetary Institute » whose Board will reflect the respective weight of the economies whose currencies comprise the « Global ». You must ask the imf and concerned central banks to prepare this plan for June 2009, with an implementation date of January 1st, 2010. This is the only way for you to regain some control over currently unwinding events, and this is the only way for you to bring about shared global management, based on a shared currency located at the centre of economic and financial activity. According to LEAP/E2020, if this alternative to the currently collapsing system has not been initiated by this summer 2009, proving that there is another solution than the « every man for himself » approach, today’s international system will not survive this summer.<BR/><BR/>If some of the G20 states think that it is better to maintain the privileges related to the « status quo » as long as possible, they should meditate the fact that, if today they can still significantly influence the future shape of this new global monetary system, once the phase of global geopolitical dislocation has started they will lose any capacity to do so.</B><BR/><BR/>That final paragraph is interesting, - an open threat to the US.<BR/><BR/>This is going to be interesting, but not to our advantage AT ALL.<BR/><BR/>You will note that no mention is made of Gold, - I did not expect to see gold mentioned in a basically european/EU orientated publication.<BR/>The Russians are advocating a part gold backing, as is China, and the Middle East (Khaleeji).sonusnoreply@blogger.comtag:blogger.com,1999:blog-31655026.post-44877806712228175442009-03-30T01:35:00.000+01:002009-03-30T01:35:00.000+01:00And those AIG funds to GS and JPM, and others MAY ...And those AIG funds to GS and JPM, and others MAY be ending up in the Caribbean where hedgies for some inexplicable reason are suddenly increasing their holdings of US T-Bills.<BR/><BR/>Never ends, does it!Sonusnoreply@blogger.comtag:blogger.com,1999:blog-31655026.post-3296848344491791232009-03-30T01:20:00.000+01:002009-03-30T01:20:00.000+01:00When I saidAn evil presence, alien to all our perc...When I said<BR/><BR/><B>An evil presence, alien to all our perceived sense of “rightness” has its hands on our throat. We are all guilty of being asleep at the wheel</B><BR/><BR/>I was referring to the actors behind the curtains who deliberately created this mess, and beyond the economic slant, this was the message, that the whole world has been plunged into a final act, pre planned, pre orchestrated.<BR/><BR/>A quotation from Prof Carroll Quigley's superb book<BR/><BR/><B>Tragedy and Hope<BR/>A History of the World in Our Time<BR/><BR/>"Te powers of financial capitalism had another far-reaching aim, nothing less<BR/>than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. this system was to be controlled in a feudalist fashion by the central banks of the world acting in concert by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basle,<BR/>Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations....<BR/><BR/>"It must not be felt that these heads of the world's chief central banks were themselves substantive powers in world finance. They were not. Rather, they were the technicians and agents of the dominant investment bankers of their own countries, who had raised<BR/>them up and were perfectly capable of throwing them down. The substantive financial powers of the world were in the hands of these investment bankers (also called 'international' or 'merchant' bankers) who remained largely behind the scenes in their own<BR/>unincorporated private banks. These formed a system of international cooperation and national dominance which was more private, more powerful, and more secret than that of their agents in the central banks. This dominance of investment bankers was based on their control over the flows of credit and investment funds in their own countries and throughout the world. They could dominate the financial and industrial systems of their own countries by their influence over the flow of current funds though bank loans, the discount rate, and the re-discounting of commercial debts; they could dominate governments by their own control over current government loans and the play of the<BR/>international exchanges. Almost all of this power was exercised by the personal influence and prestige of men who had demonstrated their ability in the past to bring off successful<BR/>financial coupes, to keep their word, to remain cool in a crisis, and to share their winning opportunities with their associates."</B><BR/><BR/>Now you may understand why AIG was/is the conduit for tax payer funds to reach GS, and JPM, and other Banks, proxies for the Fed.<BR/>Many were/are involved in the gold price suppression, interest rate swaps, etc, etc.<BR/><BR/>Now you perhaps understand how the economies of South East Asia were collapsed in the 1980/90s.<BR/>The members of the CFR and the Trilaterals were extremely active in all these crimes. Millions starved.<BR/><BR/>The hatred of the US and to some extent the UK is palpable in the G20. We are pariahs, and will pay.<BR/><BR/>Not immediately noticed, but commencing in a few months.<BR/><BR/>Sigh!Sonusnoreply@blogger.comtag:blogger.com,1999:blog-31655026.post-64555229126374024812009-03-30T00:51:00.000+01:002009-03-30T00:51:00.000+01:00James.You have me all wrong, a million miles wrong...James.<BR/>You have me all wrong, a million miles wrong.<BR/><BR/>I have explored metaphysical in the past, - (and have a few rare volumes that were banned in certain countries), more than you could know.<BR/><BR/>It's all circuitous logic that won't stand examination. The parts that do work are based on science, and are amazing, and beg the question, "How could they have known?"<BR/><BR/>However.<BR/><BR/>There is no externality, sentience, or whatever, that interacts.<BR/><BR/>My story was merely a simplistic story for a grandson, to shape his ways, his life.<BR/><BR/>The warnings, the puns, if you will, were in the "Deep Impact" films.<BR/><BR/>The failure of the "messiah", relating to the space-craft was a pun with Obamas failure, which because of stupid actions, is now baked in.<BR/><BR/>The failure of the elder members of society was a pun with the (now mandated, unfortunately,) failure of future western pension levels to sustain viable life, - future rampant inflation is now baked in, - in the UK.<BR/><BR/>The young ones survive, but they have a mountain to climb to do it, and a lot of rebuilding too. The mountain they have to climb is future taxation levels on a decreasing net disposable income caused by inflation on imported goods not being matched by wage increases. - a vastly reduced standard of living.<BR/><BR/>Families and relationships, and homes are (will be) shattered.<BR/><BR/>The explanation was given in a graph and blog from Karl in an earlier part. - that of increasing debt, and interest payments overwhelming the ability of the economy to pay it down. Interest rates are engineered to be low now, but they CANNOT stay low when inflation takes off, and it will. <BR/><BR/><BR/><BR/>Jim Rogers is forecasting exchange controls for the US, I would not be surprised to see the same for UK, since we are not in the Euro.<BR/><BR/>Here is the follow-up to a link used in part 6, relating to shenanigans in currency manipulations.<BR/>WOW hoodathunkit!.<BR/><BR/><A HREF="http://www.leap2020.eu/Open-letter-London-G20-Summit-Last-chance-before-global-geopolitical-dislocation_a3010.html?PHPSESSID=7f96eb38796490220a969131e624599e" REL="nofollow">GEAB open letter</A>Sonusnoreply@blogger.comtag:blogger.com,1999:blog-31655026.post-32545057774315596622009-03-29T22:33:00.000+01:002009-03-29T22:33:00.000+01:00I think good and evil needs to be looked at on a d...I think good and evil needs to be looked at on a different level, everything is a balance. Think of some of those dictators we think of as evil. How did they appear after they were toppled? What happened to that part of them we thought was evil?CherryPiehttps://www.blogger.com/profile/11788084724907992076noreply@blogger.comtag:blogger.com,1999:blog-31655026.post-64865830825064464172009-03-29T20:56:00.000+01:002009-03-29T20:56:00.000+01:00We've gotta get off this digital thing: good/evil,...We've gotta get off this digital thing: good/evil, right/wrong - it only leads to polarisation, conflict and ownership of the 'truth'.<BR/>We've also gotta get rid of this corrupt political system that tethers us to our tv sets where we are delivered the 'truth'.Garthhttps://www.blogger.com/profile/15637097897454660933noreply@blogger.com