Jordan Maxwell – You are property of the Rothschild family!

A nice bit of evening viewing.

 

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Goldman Sachs rules the world

James Delingpole is a writer, journalist and broadcaster who is right about everything. He is the author of numerous fantastically entertaining books including 365 Ways to Drive a Liberal CrazyWelcome To Obamaland: I’ve Seen Your Future And It Doesn’t WorkHow To Be Right, and the Coward series of WWII adventure novels. His website is www.jamesdelingpole.com.

“The governments don’t rule the world. Goldman Sachs rules the world,” claimed a shockingly outspoken trader, Alessio Rastani, on the BBC two months ago. “The savings of millions of people are going to vanish,” he said, warning viewers they should “get prepared” because “economic crisis is like a cancer, if you just wait and wait thinking this will go away, just like a cancer it’s going to grow and it’s going to be too late.”

What was interesting about the media response to this was that, rather than focus on the substance of what the trader was saying, it instead went on a wild goose chase trying to decide whether or not he was a hoaxer belonging to a group called the “Yes Men”. But on one point at least Rastani was absolutely right: Goldman Sachs – aka the Vampire Squid – really have the world squeezed tighter and tighter right now within its blood-sucking tentacles.

Consider the three biggest new EU appointments:

The new president of the European Central Bank, Mario Draghi, Italy’s new prime minister, Mario Monti, and the new Greek prime minister Lucas Papademos all reportedly have the US investment bank as a common denominator.

Here’s James Creedon with the full details:

Papademos was involved in Greece’s transition from the drachma to the euro. One of the things that made this transition possible was, of course, a gross exaggeration of the health of Greece’s finances – aided and abetted by advisers from Goldman Sachs who showed Greece how to conceal its debts using complicated financial instruments called swaps.

I think most of us, on whichever side of the political argument we find ourselves, can agree that these developments are not healthy. Here is the take on it from a blogger at Liberal Conspiracy (not normally considered Telegraph Blogs’ ideological soulmate):

Some serious questions must now be asked about democracy in the Eurozone. What Draghi, Monti and Papademos also have in common is that they are classically trained orthodox economists who have spent a good part of their lives working for the European bureaucracies and banks that have bought about this disaster.

I disagree with his analysis of why this is a problem. (He’s from the Left-leaning New Economics Foundation, and is worried that these Eurocrat banksters might get in the way of the massive Keynesian public expenditure he believes is the solution to all our ills…). But I share his disgust, as indeed I share the disgust at bankster corruption and profligacy expressed by the Occupy crowd.

We need to find common ground here, I think – those of us who believe (as the Occupy crowd do) that the current crisis is caused by the failure of capitalism and those of us who believe (as I do) that it is caused by the failure of corporatism, welfarism and – ultimately – the fiat money system. While we are busy being distracted by our particular ideological hobby horses, we are being shafted by a political bankster corporatist elite which doesn’t give a stuff about us because we are the little people and we are of no consequence to the New World Order they wish to impose on us.

Beware the Vampire Squid: whether you are on the Left or the Right it will feast on your blood and suck you dry all the same.

JPMorgan, Goldman Sachs Sued for Alleged MF Global Misstatements

By Joel Rosenblatt – Nov 19, 2011 5:18 AM GMT taken from  Bloomberg

JPMorgan Chase & Co. (JPM) and Goldman Sachs Group Inc. (GS)units were sued by two pension funds over claims they made misleading statements about the exposure of MF Global Holdings Ltd. securities to European sovereign debt.

As a result of the misstatements, MF Global’s stock traded at “artificially inflated prices,” the funds said in the complaint filed yesterday in federal court in Manhattan. “While the extent of MF Global’s exposure to European sovereign debt was concealed, the defendants were able to raise some $900 million in the offerings.”

MF Global Holdings, which was run by former Goldman Sachs Group Inc. co-chief executive officer Jon Corzine, filed for bankruptcy Oct. 31 after making bets on sovereign debt and getting margin calls. The New York-based company listed debt of $39.7 billion and assets of $41 billion in Chapter 11 papers. The broker-dealer is being liquidated separately.

Other companies named as defendants in the complaint were Bank of America Corp. (BAC)‘s Merrill Lynch unit, Citigroup Global Markets Inc., Deutsche Bank Securities Inc., RBS Securities Inc. and Jefferies & Co. Corzine and MF Global officers were also named as defendants.

The complaint was filed by IBEW Local 90 Pension Fund and the Plumbers & Pipefitters’ Local #562 Pension Fund. The funds seek to represent other shareholders in a class-action, or group suit.

David Wells, a spokesman for New York-based Goldman Sachs, declined to comment. Shirley Norton, a spokeswoman for Charlotte, North Carolina-based Bank of America, and Joseph Evangelisti, a spokesman for New York-based JPMorgan, didn’t immediately return calls after regular business hours seeking comment on the lawsuit.

Separate Liquidation

The broker-dealer unit of MF Global Holdings is being liquidated separately. The trustee liquidating MF Global Inc. said yesterday distributions of collateral in customers’ accounts are “dependent upon assets available and there is no assurance of a 100 percent return.”

The trustee, James Giddens, got court permission Nov. 17 to transfer $520 million in assets to about 23,300 accounts. While planning a third transfer to include a “few hundred” accounts that haven’t had distributions so far, Giddens said the assets available for segregated commodities accounts are “substantially less” than his estimate of claims that will be allowed.

Shortfall, Remedy

“Efforts are ongoing to analyze the cause of the shortfall and to seek to remedy it in coordination with multiple regulators and law enforcement officials,” he said in a statement yesterday.

The broker-dealer’s bankrupt parent moved hundreds of millions of dollars from its futures client accounts to other accounts before its bankruptcy filing, according to a person familiar with the audit of the company, who declined to be identified because the discussions are private.

MF Global Holdings was required to segregate funds posted as collateral by futures clients. The company filed the eighth- largest U.S. bankruptcy after making a $6.3 billion bet on Eurobonds and getting margin calls.

Giddens, whose first transfer of assets was almost $1.6 billion, said the third payment might be a bulk transfer to bring the value of collateral to 60 percent of the net equity in the accounts of all claimants, including those who have received nothing yet. A bulk transfer depends on finding futures brokers to receive the assets, he said.

Multiple Probes

The Commodity Futures Trading Commission, Securities and Exchange Commission andFederal Bureau of Investigation are investigating cash movements at the firm before the bankruptcy filing. The CFTC has been probing about $600 million in futures client funds that disappeared as the firm prepared for bankruptcy. Regulators said they haven’t located the money.

In a separate matter, a federal judge yesterday said he will approve a $90 million settlement of investor claims stemming from a 2008 wheat-trading loss incurred at MF Global’s commodity brokerage.

U.S. District Judge Victor Marrero in Manhattan also said he would approve attorney fees of $16.2 million. A class of investors, led by four public pension funds, claimed losses of $1.1 billion on MF Global shares after the firm disclosed that a broker in its Memphis, Tennessee, office lost $141 million in a few hours in unauthorized trades.

Defendants in that case include MF Global; Man Group, its former owner; underwriters of MF Global’s initial public offering in July 2007; and some former and current officers and directors. The suit claimed MF Global deceived investors by misrepresenting its risk management measures.

Settlement Share

MF Global’s $2.5 million contribution to the settlement will be fully reimbursed, the company said in a court filing earlier this month.

The case is IBEW Local 90 Pension Fund v. Corzine, 11-8401, U.S. District Court, Southern District of New York. The bankruptcy case is MF Global Holdings Ltd., 11-bk-15059, U.S. Bankruptcy Court, Southern District of New York (Manhattan).

The brokerage case is Securities Investor Protection Corp. v. MF Global Inc., 11-cv-7750, and the wheat-trading case is Rubin v. MF Global, 08-cv-02233, U.S. District Court, Southern District of New York (Manhattan).

Gerald Celente : The Rothschild would be jealous if they see what Goldman Sachs have been taking over

Taken from geraldcelentechannel.blogspot.com
Gerald Celente on the Financial Sense Newshour – 19 Nov 2011 : The Rothschild would be jealous if they see what Goldman Sachs have been taking over , of Jon Corzine who is running MF Goldman Sachs is the ex CEO of Goldman Sachs as most of the white shoe boyz club running this casino economy Gerald Celente explains.

CBS Cuts Off Ron Paul

Posted on November 20, 2011 by Lew Rockwell on Lew Rockwell’s Political Theatre

Bob Schlieffer promised Ron 20 minutes on Face the Nation, but cut him off after 10, because he was demolishing that establishment shill. Catch Schlieffer’s smirk. Also, there was a loud buzzing from Ron’s earpiece during the entire interview. Deliberate? Who knows, but the flaw had been pointed out again and again 15 minutes before airtime. BTW, Ron and Schlieffer are the same age. One is vibrant, youthful, on top of his game. The other is not.

Britain ‘will join euro before long’, says German Finance Minister

 Wolfgang Schäuble said that, despite the current crisis in the eurozone, the euro will     ultimately emerge as the common currency of the entire European Union. He said he “respects” Britain’s decision to keep the pound,
but insisted that the survival and eventual stabilisation of the euro will convince non-members to join the currency club. “This may happen more quickly than some people in the British Isles currently believe,” he added.
Mr Schäuble also said Germany will stand firm on its call for a financial transaction tax that Britain believes would badly harm the City of London.
Fears over the eurozone crisis saw stock markets fall again yesterday. The FTSE 100 closed down 1.1 per cent. French and German shares also fell.
Meanwhile, a leaked document seen by The Daily Telegraph yesterday showed Berlin has drawn up radical plans for an intrusive new European body which will be able to intervene directly in beleaguered countries.
Sir John Major, the former prime minister, warned last night that the growing integration of the eurozone nations threatens democracy in those countries. He told Al Jazeera television that richer euro members led by Germany and France will “insist on moving towards what we call fiscal union. By that I mean common control over budgets and fiscal deficits”.

Young girl left unable to talk or walk, sleeps 23 hours a day after getting Cervarix vaccine for HPV

It isn’t often we clear the news page for one  item but this is so serious please please spread this to everyone you know. We have been warning about the possible adverse effects of Cervarix / Gardasil for over two years., and if GlaxoSmithKline & Merck & Co don’t like it, tough, let them answer to the families affected.

See the report here.