Economic Terrorism and Population Transfer in Ireland

At around 8:40 the topic of the exodus of the native Irish population comes up. The other side of that terrorism is that the Judaic fellow recently installed as commissar over the Irish government's most critical functions has come up with a plan which allows people from 14 nations from East Europe, Asia and the Middle East to enter Ireland without a visa. So, to recap: native Irish out; poor, uneducated foreigners in. There's no other way of describing this than savage, tribal warfare. The war is fought with financial and legal instruments rather with spears and machetes, but it is savage tribalism nonetheless.

also see:

A Lesson in "Globalism"

Time Magazine Puffs Up Talmudic Business "Ethics"

Skull and Bones Henry Luce founded Time magazine takes its duplicity to new lows with some timely puff-journalism for talmudic business "ethics." Even now we're led to believe that the Talmud lights the way out of the pit it has led us into.

See:

The Financial Crisis: What Would the Talmud Do? By David Van Biema, Time, Friday, Oct. 10, 2008

This would have been readily detected as fraud by any moderately informed person until fairly recently. Not so in the days when the pope invites the rabbis to teach the Bible to us calling them "brothers in the faith." Could it hurt much worse to also make them the arbiters of business ethics? They're so holy, wise and benevolent--so the bishops say--that only a "'Jew' hater" would ask questions or point out the chasm between Time's Orwellian prose and the realities of talmudic business "ethics" teaching, not to mention actual Orthodox Judaic business practices, of which Rubashkin makes a perfect example.

Being that the U.S. is now trillions of dollars in debt to bankers I searched Time's article to see what it had to say about the rabbinic "Prozbul" and found nothing. The "Prozbul" is the legal fiction concocted by Hillel the Pharisee which reassures bankers that Deuteronomy 15 can not be invoked by those in debt to them. In a turn of duplicity which must be seen as the model for the same exhibited by Time magazine, Talmud states: "Hillel established the prozbul in order to repair the world" (Mishnah Gittin 4;3). In other words, the world has been "repaired" (tikkun olam) by the "liberal," "benevolent" Pharisee Hillel (often compared to Jesus Christ!?!) through his reassurance of bankers that the Bible can not interfere with them burying people in massive amounts of debt over the course of their entire lifetimes.

If you buy the diabolical lie that Hillel was a benevolent Pharisee and similar to Jesus Christ who drove the moneychangers out of the Temple with a whip and said that the Pharisees bind the people with heavy burdens, then why not consult a rabbi for talmudic advice on how to get out of the present debt catastrophe as Time magazine recommends?

It's Not Trillions of Dollars of Mortgages in Default Causing this Financial Meltdown

The 60-some trillion dollar derivatives racket which triggered the present financial catastrophe, and subsequently, an antithesis in the form of a multi-trillion dollar extortion paid to Wall Street and European usurers and speculators is explained here:

http://georgewashington2.blogspot.com/2008/09/i-am-for-free-market-but-if-us.html

777 Once Again

Dow drops 777 points on eve of Rosh Hashana in the midst of financial "shock and awe." See:

Dow Sinks 777 Points As Bailout Plan Fails

For Feinstein, the roller-coaster ride began the afternoon of Friday, Sept. 19, when she and about 40 other senators got on a conference call with Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson, who served up a financial version of shock and awe. The shock: "A dire scenario in very strong language," Feinstein said. " 'Meltdown.' 'Market failure.' 'Nothing like it in the history of our nation.' " The awe: the infamous, initial three-page "simple and broad" administration plan for a $700 billion bailout. ("Feinstein wary of rush to financial bailout," Phillip Matier, Andrew Ross, San Francisco Chronicle, Sunday, September 28, 2008)

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/09/28/BALG136IBH.DTL

"In the face of such an emergency, Washington has responded with financial shock and awe - a big plan with a big price tag, the most far-reaching intervention in the economy since the days of the New Deal." ("Bailout's main leverage is psychological," Sam Zuckerman, San Francisco Chronicle, Monday, September 29, 2008)

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/09/29/MNFI137NE5.DTL

Forgive me for not seeing a coincidence here since 777 represents the kabbalistic "flaming sword" or "descent of the shekinah" HERE.

Time precludes a detailed exposition of this, but for researchers I offer a few clues. The Kabbalistic myth of Rosh Hashanna has it that it was the day Adam was created a hermaphrodite. In racist Judaism it is taught that only "Jews" are "Adam" (meaning full human beings), "Israel" = "Adam". The fall, again according to Judaism, has the hermaphrodite Adam being split into male and female on Rosh Hashana--"the fall". This cataclysm also accounts for the existence of Gentiles in the world who would not have ever existed if it were not for Adam's "fall." There is good news, however. At the end of days the second Adam, or "Mosiach" will be restored to the form of the first Adam: "Shekinah" reunited with the "small face," a hermaphrodite one again, and then, when nature is "perfected" in this way, and the "mistakes" of creation are "repaired," there will be no more Gentiles in the world clinging to "Klal Israel."

It seems the rabbis once again have that messianic feeling and are saying that the Gentile-smashing "Mosiach" is coming and "Klal Israel" will be reunited with the "Shekinah." Now, I don't believe for a minute that any of this is supernaturally orchestrated. When you control markets you can make them close at any number you choose. And Kabbalah teaches that "Klal Israel" are to take active part in bringing about the "redemption," after all.

But don't take my word. I'm just relaying what the rabbis say:

The Original Human State

You may recall that the U.S. military, at the behest of the neocons in Washington, brought Shekinah ... I mean, shock and awe to Iraq on Purim in 2003 HERE.

The Money Masters

http://www.themoneymasters.com/

Mushroom Cloud over Wall Street as US Constitution Burns

from: http://www.marketoracle.co.uk/

Mushroom Cloud over Wall Street as US Constitution Burns

These are dark times. While you were sleeping the cockroaches were busy about their work, rummaging through the US Constitution, and putting the finishing touches on a scheme to assert absolute power over the nation's financial markets and the country's economic future. Industry representative Henry Paulson has submitted legislation to congress that will finally end the pretense that Bush controls anything more than reading the lines from a 4' by 6' teleprompter situated just inches from his lifeless pupils. Paulson is in charge now, and the coronation is set for sometime early next week. He rose to power in a stealthily-executed Bankster's Coup in which he, and his coterie of dodgy friends, declared martial law on the US economy while elevating himself to supreme leader.

"All Hail Caesar!" The days of the republic are over.

Section 8 of the proposed legislation says it all:

"Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency."

Right; "non-reviewable" supremacy.

Congress, of course, is more than eager to abdicate whatever little authority they have left. They're infinitely grateful for their purely ceremonial role, the equivalent of Caligula's horse, albeit, with considerably less dignity. Has even one senator spoken out against this madness, which--according to informal internet polls--is resoundingly rejected by the voters?

Full article:

http://www.marketoracle.co.uk/Article6399.html

Can You Trust a Wall Street Veteran with a Wall Street Bailout?


By Kevin G. Hall | McClatchy Newspapers

WASHINGTON — Making the rounds on the Sunday morning talk shows, Treasury Secretary Henry Paulson repeatedly said today's financial problems were long in the making. He should know. He was part of the Gold Rush that has brought the global financial system to the brink of collapse.

Paulson presided over one of the most profitable runs on Wall Street as chairman and chief executive officer of investment banking titan Goldman Sachs & Co. from 1999 until President Bush nominated him on May 30, 2006 to take over the Treasury Department.

Back then, Bush saw Paulson's Wall Street experience as a plus. "Hank will follow in the footsteps of Alexander Hamilton and other distinguished Treasury secretaries who used their talents and wisdom to strengthen our financial markets and expand the reach of the American Dream," Bush said at the time.

But with Paulson now seeking virtually unfettered authority to administer the largest bailout of the financial industry in U.S. history, many are wondering whether Paulson also doesn't come with enormous potential conflicts of interest.

That was one reason Democrats on Sunday expressed reluctance to approve the administration's draft legislation that would leave to Paulson virtually all authority over the proposed $700 billion bailout. The legislation would allow him to decide which securities to buy, from whom to buy them, and which outside companies and people to hire to help him do so.

"If we grant the Treasury broad authority to address the immediate crisis, we must insist on independent accountability and oversight," said Democratic presidential candidate Sen. Barrack Obama. "Given the breach of trust we have seen and the magnitude of the taxpayer money involved, there can be no blank check."

In recent days, there've been few outward expressions of distrust of Paulson in particular. In fact, many said his long reign on Wall Street make him uniquely qualified to deal with today's problems.

"Hank is the right guy," New York Mayor Michael Bloomberg, who made his millions providing information to Wall Street traders, told NBC's Meet the Press. "If I had to have one person at the helm today I would pick Hank Paulson."

But the conflicts are also visible. Paulson has surrounded himself with former Goldman executives as he tries to navigate the domino-like collapse of several parts of the global financial market. And others have gone off to lead companies that could be among those that receive a bailout.

In late July, Paulson tapped Ken Wilson, one of Goldman's most senior executives, to join him as an adviser on what to about problems in the U.S. and global banking sector.

Paulson's former assistant secretary, Robert Steel, left in July to become head of Wachovia, the Charlotte-based bank that has hundreds of millions of troubled mortgage loans on its books.

The administration's draft law also would preclude court review of steps Paulson might take, something Joshua Rosner, managing director of economic researcher Graham Fisher & Co. in New York, said could be used to mask previous illegal activity.

"The Treasury's ability to, without oversight, determine (that) a financial institution (is) an agent of the government seems like it could be used to serve several purposes, including limiting the potential liabilities of an institution or its executives," he wrote in a note to investors late Sunday.

The Treasury proposal sent to Congress also offers no process to hire asset managers in an open and competitive process. That's particularly questionable given that Wall Street players are now hiring Wall Street players, Rosner said.

"This seems to invite a risk of collusion between sellers and buyers to the detriment of the taxpayer," he wrote.

At a minimum, there's irony in Paulson being in charge of so large a bailout.

In the last annual report at Goldman that Paulson signed off on in November 2005, a year in which he received $38 million in compensation, investors were clearly told that the federal government wouldn't be there to save them from bad investments.

"Goldman Sachs, as a participant in the securities and commodities and futures and options industries, is subject to extensive regulation in the United States and elsewhere," the report said.

But those regulations are designed to protect the interests of clients in the market, it said. "They are not ... charged with protecting the interest of Goldman Sachs shareholders or creditors," it said.

That's a different tune from the one Paulson was singing Sunday.

"Last week there were times when the capital markets or credit markets were frozen," Paulson said on NBC's Meet the press. "American companies weren't able to raise financing. That has very serious consequences. So what we need to do right now is stabilize the markets, and this is for the, for the benefit of the taxpayers we're doing this, the American public. Then, once we get behind this and get this stabilized, there's a lot we can talk about in terms of reform."

What Paulson didn't say is that the excesses that led to the frozen credit markets couldn't have happened without Wall Street. Lenders weakened their standards because loans were sold to investment banks, which didn't much care about the loan quality since they then pooled the loans with thousands of other loans and sold them as bonds to investors. If the whole thing collapsed, it would be the investors who lost out.

Those bonds, called mortgage-backed securities, are precisely the bad assets taxpayers will now be buying back from Paulson's colleagues on Wall Street.

During Paulson's tenure, Goldman was not as big a player in issuing mortgage bonds as two other investment banks that have gone under this year, Bear Stearns and Lehman Brothers.

But the 2005 annual report shows that Goldman was still a significant player. Its trading division, which included the mortgage bonds and complex financial instruments called derivatives, reported pre-tax earnings of more than $6.2 billion, up sharply from $3.5 billion in 2003.

The report also shows that Goldman benefited greatly from the wave that is now being deemed a wave of excess.

Goldman's pre-tax earnings rose from $4.4 billion in 2003 to almost $8.3 billion in 2005. Similarly, its investment banking division had pre-tax earnings leap from $207 million to $413 million.

Paulson's personal fortunes also zoomed in those years.

In 2002, Paulson received $12.1 million in compensation, including a $6.3 million bonus — an improvement over the previous three years when Wall Street accounting scandals unsettled investment banks, including a $1.5 billion settlement Goldman and other banks paid for issuing overly bullish research reports that promoted deals the banks themselves were involved in.

Published reports said Paulson received $30 million in compensation and salary in 2003.

After Paulson left Goldman and mortgage bonds began losing money, the investment bank erased those losses and then some by betting against the very products it had sold, Fortune magazine reported last year.

http://www.mcclatchydc.com/227/story/52856.html