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You know, when you
are traveling down the rabbit hole you see a lot of strange things. One of the strangest is the way the American
press is so easily distracted by shiny objects.
Currently the U.S. Press is busy chasing the recently released torture
report, The Interview being cancelled
and our new “relationship” with Cuba.
But there is a
common thread that runs through everything and is largely forgotten or ignored
by the press. What I am talking about is
the global financial terrorist attack perpetrated by the United States Senate on
December 16, 2014, everything else is fallout.
The global
financial terrorists were unleashed on the world on December 16th 2014
when the United States Senate passed the Shock Doctrine spending bill insuring
$700 trillion in derivative gambling debts with the full faith and credit of
the United States government.
An emboldened
financial terrorist group flush with cash after the U.S. Senate pledged $3 trillion
of private pension funds and repeal of Dodd/Frank derivatives regulation worth
more than $700 trillion at their disposal, is now on the prowl.
So let’s take a
look at what has happened since the Senate and the Obama Administration
facilitated the largest financial terrorist attack in world history.
AMERICA ROBBED OF $700
TRILLION INCLUDING PENSIONS WORTH $3 TRILLION
According to Ed O’Keefe
at Washington Post one of the provisions included in the December 16th
Spending Bill and pushed by the Obama Administration was slashing of American pensions:
Excerpt:
PENSIONS
For
the first time, the
benefits of current retirees could be severely cut, part of an effort to
save some of the nation’s most distressed pension plans. The change would alter 40 years of federal law and could affect
millions of workers, many of them part of a shrinking corps of middle-income employees in businesses such
as trucking, construction and supermarkets.
Yeah, those
pension plans are distressed because once the banks were deregulated by the
Senate in 2000 they could sell junk securities to pension plans, something that
had been illegal for over 60 years. It
was grand theft, pure and simple.
Wall Street banks
laundered almost a billion dollars into the Obama campaign in 2008 to ensure
there would be no laws or regulatory changes to the banking system. Wall Street had bought their government, hook
line and sinker. If you ever thought
that Barack Obama was a Democrat or gave a whit about America or the American
people, you’d be wrong. He’s just like
George W. Bush, as a matter of fact George W. Bush said if Obama were a
Republican he’d vote for him.
So, here’s the
Barack Obama that America didn’t see in the 2008 primaries because the U.S.
Senate was making sure you didn’t. From
Washington Blog:
Excerpt:
Obama’s Long Battle to Cut
Social Security Benefits
Posted
on September 24, 2014 by Eric Zuesse.
If,
as expected, U.S. President Barack Obama will, for the first time in his
Presidency, be given by the nation’s voters two Republican-controlled houses of
Congress, he’ll finally be able to sign into law bills that are as conservative
as he wants; and one of these new laws
will transform Social Security.
During the first
interview Obama gave after Chuck Schumer, Joe Biden and Ted Kennedy had begun
laundering Wall Street money into Obama’s campaign, he outlined his plan to
bring the Reagan dream of a fully privatized American government for the rich.
Back
in 2009, he came into office wanting to address the long-term financial issue
of Social Security not by removing the annual earnings-cap of around $100,000
that pertained (and above which income was/is untaxed for Social Security, so
that this change alone could solve the problem), but instead by reducing retirement benefits to seniors: cutting the
benefits they receive.
America has been
rolled again. The only reason Obama was
reelected was because people feared that Paul Ryan would privatize Social
Security. Guess what? Barack Obama is the only president who ever
cut funding the program, through the Republican inspired “payroll tax holiday.”
Everyone had simply assumed
that no Democrat would want to weaken
or reduce the crowning achievements of Democratic Presidents Franklin Delano
Roosevelt and Lyndon Baines Johnson, not to mention of the Democratic Party
itself. But Barack Obama wanted to do it; and he remains committed to doing it.
CANCELATION OF “THE INTERVIEW” WAS A
FINANCIAL TERRORIST ATTACK
So the cancelation
of The Interview by Sony is just another
act of financial terrorism resulting from the Shock Doctrine terrorist funding
bill passed by the Senate December 16th.
If you recall Senator Chris
Dodd, who is the Dodd half of Dodd/Frank left the Senate after the passage of
the Dodd Frank financial reform bill to become President of the Motion Picture
Assn. of America. The cancellation of “The
Interview” is not about that particular movie, but a message of financial intimidation
to the industry.
According to Wired Magazine:
Excerpt:
Obama’s Bold Sony Statement:
Canceling The Interview Was a ‘Mistake’
In his end-of-year press conference today,
President Barack Obama called the decision by Sony Pictures Entertainment to
cancel the release of its film The
Interview a “mistake.”
“I am sympathetic to the threats they
face,” Obama said. “Having said all that, yes, I think they made a mistake….
Blah, blah, blah.
President
Obama added today that he wished Sony
“had spoken to me first” before making its decision. “I would have told them, do not get into a pattern in which you are
intimidated by these kinds of criminal attacks.”
In the same
article in Wired George Clooney made
the following statement:
Regardless of who initiated the
cancellations, in his interview with Deadline, Clooney expressed the same
sentiments Obama did in saying that industries should not bow to threats—especially ones that trample on the First
Amendment. “The truth is, you’re going to have a much harder time finding
distribution now. And that’s a
chilling effect.”
Yes, the First
Amendment has now been attacked by financial terrorists unleashed by the “emergency”
spending bill passed by the United States Senate. Think about what Clooney said, “the truth is,
you’re going to have a much harder time finding distribution now” meaning you
aren’t going to find the financial backers to make films if you don’t toe the financial
terrorist line.
Obama’s blathering
about “wishing Sony would have talked to him before canceling is just another
big lie. According to an interview with CNN’s Fareed Zakaria, Sony executive Michael Lynton said Sony had been working
with the Administration and the FBI to proceed with the December 25th
release. Funny, it wasn’t until the
passage of the of the “emergency terrorist spending” bill that the release was
cancelled.
Excerpt:
Sony
followed up on Lynton's remarks with a statement that read, in part, "It
is still our hope that anyone who wants to see this movie will get the
opportunity to do so."
The company declined to
comment on whether any distributors have agreed to help the company with
that.
In
his CNN interview, Lynton said "the president, the press and the public
are mistaken" about what actually led to Sony's decision to shelve the
"The Interview."
"We
do not own movie theaters," Lynton said. "We cannot determine whether
or not a movie will be played in movie theaters."
Hmmm, I wonder who
does own the theaters that can determine which movies will be shown. Imagine if the Obama Administration had come
out and stated that America would not tremble in fear of an American movie
being released, and the government is doing everything possible to ensure the
safety of theaters and theater goers in America. That would be the proper response, but instead
the U.S. Senate facilitated the financial terrorist attack on Sony.
Of course the
Obama Administration was quick to point fingers at North Korea for the hacking,
but the timing is awfully suspicious. Why
would North Korea hack Sony? It doesn’t make
sense, people in North Korea would never see the movie they wouldn’t even know
the movie existed.
Administration
officials said it was because North Korea feared DVDs attached to balloons
would waft into North Korea. North Korea
has even offered to conduct a joint inquiry into the Sony hacking
incident. From BBC News Canada:
Excerpt:
North
Korea has offered to hold a joint inquiry with the United States into a
cyber-attack on Sony Pictures, strongly denying US claims that it is behind it.
Its
foreign ministry accused the US of "spreading groundless
allegations", which a joint inquiry would refute.
Without
addressing Pyongyang's idea, a US spokesman insisted North Korea must admit
"culpability”.
The whole Sony
incident stinks to high heaven. I guess
a harbinger of things to come were in this Matt Taibbi article published early
in 2014 by Rolling Stone Magazine:
Excerpt:
Wall
Street had spent much of that era arguing that America's banks needed to become
bigger and badder, in order to compete globally with the German and
Japanese-style financial giants, which were supposedly about to swallow up all
the world's banking business.
So through
legislative lackeys like red-faced Republican deregulatory enthusiast Phil
Gramm, bank lobbyists were pushing a new law designed to wipe out 60-plus years
of bedrock financial regulation.
The
key was repealing – or "modifying," as bill proponents put it – the
famed Glass-Steagall Act separating bankers and brokers, which had been passed
in 1933 to prevent conflicts of interest within the finance sector that had led
to the Great Depression.
Now, commercial banks would be allowed to
merge with investment banks and insurance companies, creating financial
megafirms potentially far more powerful than had ever existed in America….
Financial
terrorists created by the United States Senate “far more powerful than ever
existed in America”, who could have known?
Phil Gramm whose wife Wendy was on the board of directors of Enron was
able to cash out her holdings before the employees of Enron were informed their
stock was worthless.
Fifteen years later, in fact,
it now looks like Wall Street and its lawyers took the term to be a synonym
for ruthless campaigns of world domination. "Nobody knew the reach it would have
into the real economy," says Ohio Sen. Sherrod Brown.
Now a leading voice
on the Hill against the hidden
provisions, Brown actually voted for Gramm-Leach-Bliley as a congressman,
along with all but 72 other House members. "I bet even some of the people
who were the bill's advocates had no idea."
Oh Sherrod, you
poor, naïve soul, did you really think that opening the gates of hell to
financial terrorists would have a good result for the American people? That vote was held days after the Supreme
Court ordered the end to the Florida recount in the 2000 Presidential election.
So you, during the twilight hours of the
Clinton Administration, voted to repeal 60 years of protecting the American
people from financial terrorists. Sorry
Sherrod, there’s no excuse for what you did.
So what do banks
look like today?
Today,
banks like Morgan Stanley, JPMorgan Chase and Goldman Sachs own oil tankers,
run airports and control huge quantities of coal, natural gas, heating oil,
electric power and precious metals.
They likewise can now be found exerting direct control over
the supply of a whole galaxy of raw materials crucial to world industry and to
society in general, including everything from food products to metals like
zinc, copper, tin, nickel and, most infamously thanks to a recent high-profile
scandal, aluminum.
And
they're doing it not just here but abroad as well: In Denmark, thousands took
to the streets in protest in recent weeks, vampire-squid banners in hand, when news came out that Goldman Sachs was
about to buy a 19 percent stake in Dong Energy, a national electric provider.
The furor inspired mass resignations of
ministers from the government's ruling coalition, as the Danish public wondered how an American investment bank could
possibly hold so much influence over the state energy grid.
RUSSIAN RUBLE TANKS AS CUBA DRAWN AND
QUARTERED
So do you think
for one minute the gas prices have gone down for altruistic reasons or do you
think it’s to destroy the Russian economy.
You know, these financial terrorists will take a small hit on gas prices
in order to destroy Russia’s oil based economy.
After all, they can afford to because they were just given $3 trillion
in your pension funds. From Forbes:
Excerpt:
The
Central Bank of Russia (CBR) was doing everything right. Responding to recent
oil price falls, it floated the ruble and allowed it to fall in line with the
oil price, intervening only to smooth out sharp price fluctuations….
The
CBR’s Governor, Elvira Nabiullina – no doubt mindful of previous
disastrous attempts to support falling currencies – expected that
allowing the ruble to fall freely would enable Russia to ride out the storm
without suffering catastrophic loss of reserves.
If the oil price stabilized at say $65 a barrel, the ruble would also
stabilize, the Russian economy would be down but not out….
And
on December 15th, the United Arab
Emirates’ Energy Minister suggested that
oil could fall as low as $40 a barrel.
This
was disastrous. The CBR’s worst-case scenario for the Russian economy assumed
the oil price would fall to $60 a barrel. A price of $40 a barrel was simply
unimaginable. Russia’s economy is terribly dependent on oil: if the oil price
falls so low, severe economic recession is inevitable and default becomes a
real possibility. The ruble’s slide worsened, bond yields spiked and CDS rose
exponentially as capital flight intensified….
At midnight on December
15th/16th, the CBR announced a 6.5% rise in the interest rate. This sent completely the wrong message.
Instead of calming markets, it was inevitably interpreted as panic. By morning, confidence in the CBR had
evaporated and the ruble was in freefall:
Hmmm, what happened
at Midnight December 15th/16th? I believe it was the global terrorist attack
perpetrated by the United States Senate.
And what do you think is the up side for Cuba with the announcement of
“normalized” relations with the U.S?
Really what does Cuba have to gain?
Cuba has done quite nicely in spite of the 60 years of U.S. insane
policy driven by Cubans in Florida.
As a matter of
fact, Vladmir Putin just signed a huge trade deal with Cuba a few months
ago. Seems like yesterday I was reading
this article in Politico:
Excerpt:
HAVANA
— Russian President Vladimir Putin began a six-day Latin American tour aimed at
boosting trade and ties in the region with a stop Friday in Cuba, a key Soviet
ally during the Cold War that has backed Moscow in its dispute with the West
over Ukraine.
The two countries signed
about a dozen accords in areas such as energy, industry, health and disaster
prevention. Russian
companies will participate in petroleum projects around Boca de Jaruco on the
island's north coast, and that cooperation will extend to offshore oil
deposits, Cuban government website Cubadebate said.
Putin has been
treading on the turf of the financial terrorists. Indeed, what does Cuba need from the U.S?
Another agreement covered infrastructure at
a big new port project that Cuba hopes will become a regional shipping center
and attract much-needed foreign investment.
"We
are talking about the possibility of creating in Cuba a grand transportation
hub with a possible modernization of the maritime port of Mariel and the
construction of a modern airport with its respective cargo terminal,"
Putin said, according to an official Spanish translation of his remarks in
Russian.
Moscow is also forgiving 90
percent of Cuba's Soviet-era debt, which totals more than $35 billion. The remainder will be invested in
education on the island, Putin added…..
I really have to
ask, what did America’s financial terrorists offer that’s better than the deal
Russia is offering? The whole thing sounds like a global financial
terrorist attack.
Amid
the crisis in Ukraine, Cuba and some other nations in the region have shown
themselves to be sympathetic to Russia's position on the conflict, or at least
not overtly critical.
Cuban official newspapers
tend to characterize it as a struggle against right-wing extremism threatening
ethnic Russians in Ukraine. Earlier this year, Foreign Minister Bruno
Rodriguez criticized U.S. and European Union sanctions imposed on Russian
individuals and pro-Russian Ukrainians.
In
December 2000, shortly after his first election, Putin visited the island and
pledged to reinvigorate relations.
Hmmm, December
2000, seems to me something happened in December, 2000. Oh yeah, democracy in was murdered by the
United States Supreme Court and the United States Senate.
Russia
said in February that it was looking to expand its worldwide military presence,
including asking permission for its navy ships to use ports in Cuba and
elsewhere in Latin America. A Russian
intelligence-gathering vessel has docked in Havana on multiple occasions in
recent months.
Funny they should bring up
Ukraine with the financial terrorist attack that resulted in their elected
government being overthrown. In Ukraine,
just like Cuba, Russia offered a much better deal than the E.U. and U.S
financial terrorists. From PopularResistance:
Excerpt:
Finally,
a little-known aspect of the crisis in Ukraine is receiving some international
attention. On July 28, the California-based Oakland Institute
released a report revealing that the World Bank and the International Monetary
Fund (IMF), under terms of their $17
billion loan to Ukraine, would open that country to genetically-modified (GM)
crops and genetically-modified organisms (GMOs) in agriculture. The report is entitled “Walking on the West
Side: the World Bank and the IMF in the Ukraine Conflict.” [1]
In
late 2013, the then president of Ukraine, Viktor Yanukovych, rejected a
European Union association agreement tied to the $17 billion IMF loan, whose
terms are only now being revealed.
Instead, Yanukovych chose a Russian aid
package worth $15 billion plus a discount on Russian natural gas. His decision was a major factor in the
ensuing deadly protests that led to his ouster from office in February 2014 and
the ongoing crisis.
Sounds familiar
doesn’t it? Ukraine’s government was
overthrown by the CIA and the financial terrorists now have Cuba is on the
chopping block.
Then there’s the
release of the torture report. No one
will be prosecuted, but not to worry, the Senate’s Grand Dame, Diane Feinstein said
that the thing that sets America apart from the rest of the world, is that we
learn from our mistakes. What an ass. What sets America apart from the world is not
“learning from our mistakes” it’s a justice system where a sheepherder in Afghanistan
tortured after being sold into captivity will have his day in court.
What sets America apart is the
perpetrators of crime face the same justice no matter what their station in
life, no matter how poor or how wealthy, but that died December 12, 2000. From Consortium News:
Excerpt:
Rather
than questioning Sony’s wisdom in producing a film that jokes about something
as serious as assassinating a nation’s leader, Obama upbraided Sony’s producers
for the decision to pull the movie from theaters. “I wish they had spoken to me
first,” said Obama, warning them not to ”get into a pattern in which you’re
intimidated…..”
President
Barack Obama holds a press conference in the James S. Brady Press Briefing Room
of the White House. Dec. 19, 2014…..
The
irony that I saw was in Obama’s “tough-guy” advice just after he had been so
intimidated by the real-life CIA that he could not muster the courage to fire
those who managed and carried out a quite-unfunny policy of torture on an
industrial scale – much less try to find some way to hold senior officials of
the Bush/Cheney administration accountable. However great the financial loss to
Sony’s bottom line, the costs attributable to Obama’s timidity are incalculably
more damaging to the United States.
The global financial
terrorist attack of 2008 was identified and reported on back in 2011 by Bill
Gertz at the Washington Times:
Excerpt:
Financial terrorism suspected
in 2008 economic crash
Evidence outlined in a Pentagon contractor
report suggests that financial subversion carried out by unknown parties, such as terrorists or hostile nations, contributed
to the 2008 economic crash by covertly using vulnerabilities in the U.S.
financial system.
The unclassified 2009 report “Economic
Warfare: Risks and Responses” by financial analyst Kevin D. Freeman, a copy of
which was obtained by The Washington Times, states that “a three-phased attack was planned and is in the process against the
United States economy….”
Yeah, no shit.
“The new battle space is the economy,” he
said. “We spend hundreds of billions of dollars on weapons systems each year. But a relatively small amount of money
focused against our financial markets through leveraged derivatives or cyber
efforts can result in trillions of dollars in losses. And, the perpetrators
can remain undiscovered.
“This is the equivalent of box cutters on
an airplane,” Mr. Freeman said.
So there you have
it, another phase in the Global Financial Terrorist attack occurred on December
16th, 2014. The catastrophic
effects of the stolen $700 trillion are just beginning to be realized, whether it’s
the government sponsored attack on Sony, the destruction of the Russian Ruble
or the absolute rape and pillaging we will see in Cuba.
God help us.
By Patricia Baeten
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