Every Tuesday I meet with a group of Patriots from the Illumination Society at the Liberty Restaurant in Rochester NY to do a round table radio broadcast discussing topics about Geo politics, religion, Currant events and anything that has to do with Truth Liberty and Justice for all. We not only talk about problems but as a group we also work on finding solutions to the world problems. every week we have some of the brightest minds join us at the round table live Broadcast. http://www.blogtalkradio.com/anti-illuminati-party
The Illumination Society presents a FREE Movie Night every month showing films that we feel are important for the time in which we live. Films that dig deep into subjects like – The World History – UFO – The New World Order – Spirituality – Prophecy – Science – What’s Happening To Our Food – Agenda 21 – Vaccines and many other subjects.
Our Free Movie Night has been well received by people from all walks of life. People concerned with the things happening in our world today. People that want to know what is happening all around us and what we can do to stand against those that wish to rob us of our freedoms and our God-given rights. Come out and learn about subjects you may or may not be aware of. We hope that our Movie Nights, and our following Q&A time will shed some light on these subjects, and help you to see America’s role in past, present and future history.
Many individuals, businesses and other organizations have a legitimate and lawful need to keep some of their information confidential or even absolutely secret from competitors, the press and others. Because email has become vital to timely communication and because email is not secure, encryption is often necessary.
New employees of large companies are often encouraged to live near the company’s offices. In this kind of setting, privacy for technical and marketing information is convenient. Small organizations such as law offices, medical clinics, Internet businesses, and many others may not find the expertise they need in their local area. These small organizations, of which there are many, need secure communication to avoid the cost of face-to-face meetings. Lacking the funds for routine flights between cities, these organizations are very dependent on the electronic communication of data and ideas. Private medical information, schematic drawings, program source code, marketing plans, and innumerable other types of documents are involved. In such circumstances, strong encryption is needed.
In many countries, the post office has the legal authority and obligation to enforce privacy for the postal mail. If these postal services were to offer secure email for a reasonable price, small companies would not be at such a disadvantage relative to larger companies.
Established by the U. S. Constitution, Article I, Section 8, Clause 7, the United States Postal Service is authorized “To establish post offices and post roads. It also has a long history of adding services as needed, such as commemorative stamps, rural delivery, airmail, one-day delivery, zip codes, self-adhesive stamps, public Internet site, “Forever” stamps, and an iPhone app. Secure communication would add to its revenue (which would help ameliorate its recent shortfalls) and set a good example.
Technical Matters
To create a secure message, the encryption algorithm must used secret information that cannot be discovered by unauthorized parties. If the encryption relies only on complexity or computational difficulty without involving secret information, the intended message can be discovered by third parties. To third parties, some aspect of the transmission must be unknowable.
Within encryption technology, the embodiment of information unknowable to third parties often takes the form of secret random numbers. These random numbers are used to encrypt messages in such a way as to make decryption of a message impossible without access to those same random numbers.
Many have said that what one person can encrypt, another can decrypt. This is a myth. TheOne-Time Pad algorithm was proved to be absolutely secure in the writings of Claude Shannon. See “Claude Elwood Shannon – Collected Papers” edited by N. J. A. Sloane and Aaron D. Wyner. In addition to being immune from hacking, this algorithm becomes more convenient as memory devices increase their capacity.
Claude Shannon proved that any absolutely secure encryption algorithm must posses these characteristics:
1. The encryption keys must be random numbers of uniform distribution.
2. The keys must be shared in absolute secrecy by the sender and receiver.
3. Any key encrypting a message must be as at least as long as that message.
4. Any key used to encrypt a message must not be reused.
The one-time pad is a famous encryption algorithm having all of these characteristics. By using a random key comprised of random numbers to encrypt a message (the plain text) with the XOR logical operation, the transmitted result (the ciphertext) is rendered as random as the key. The collection of secret keys is called the pad. Keys are of the same length as that of the messages they encrypt. They are erased immediately after their use. The result is that the actual message is as likely as any other message from the point of view of those attempting to decrypt the message without knowing the secret random numbers.
Optionally, encrypted messages can be made to appear to be ordinary messages of a different type, such as pictures or sound files or text messages that contain information that is very different form that in the plain text. This process is called Steganography.
Services
The most important service facilitating secure communication is the shipping of media containing random numbers. The production of truly random numbers for algorithms that encrypt messages by means of random keys is the part of the process most challenging and inconvenient for the customer. The principle service of USPS would be to place random numbers on appropriate media and ship copies to addresses designated by the customer. One shipment might serve the customer for only a few messages or for years worth of messages, depending on the number of random numbers shipped.
Options may include picking up shipments from the local post office, receiving them in the mailbox, or receiving them at the recipient’s door (possibly by special delivery or with a return receipt).
Criminality
Measures which distinguish legitimate from nefarious use of encryption services need not be publicly discussed.
I believe that the Israel and Palestinian Gaza conflict is a false flag operation being carried out by Illuminati family’s and Satanic secret society’s to set up World War 3. The Illuminati family’s control and have infiltrated just about every facet of society they do control key Government offices as well as private corporations through a type of iron triangle. In United States politics, the iron triangle comprises the policy-making relationship among the congressional committees, the bureaucracy, and interest groups.[1] Illuminati Satanicsecretsocieties, have been behind a wide range of events and disasters going as far back in history as the French Revolution and possibly even farther.
It is a historical fact the Hamas was founded by the Israel government Israel may want to destroy Hamas now. But it played a key role in the group’s creation. According to JerusalemOnline.com “Israel actively supported Hamas” Documents show that Israel was interested in empowering Hamas in attempt to end the first Intifada. During Operation “Protective Edge”, news leaks website WikiLeaks exposes secret documents which were passed between American diplomats in the 1980’s. These documents allegedly show that Israel was interested in enabling Hamas activity in its beginning, intending to weaken the Palestine Liberation Organization and ending the first Intifada. Hamas was established in 1987, and has its origins in Egypt’s Muslim Brotherhood that the United States General Patraeous, the CIA Creatures of Jesuit Papacy and the Knights of Malta helped to …Israel and Egypt then imposed an economic blockade on Gaza. Even US Congressman Ron Paul spoke about how Israel created Hamas to destabilize Arafat who was very powerful at the time.
Army General David Patraeus, 2010
Army General David Patraeous is a Jesuit Temporal Coadjutor. He is beloved by the Jesuits at Georgetown University at the nation’s capital in Washington, District of Columbia Catholics. General “Betray-us” has spoken at Georgetown several times! Additionally, the CIA was a creation of the Jesuits in 1947 via the National Security Act signed into law by 33rd Degree “Dirty Harry” Truman! Since then, the American, British, Soviet/Russian, German, French, Canadian, Israeli, Interpol and all the other intelligence agencies around the world have been working together to form the pope’s modern day Holy Office of the Inquisition!
Thanks to the Mossad, Israel’s “Institute for Intelligence and Special Tasks”, the Hamas was allowed to reinforce its presence in the occupied territories. Meanwhile, Arafat’s Fatah Movement for National Liberation as well as the Palestinian Left were subjected to the most brutal form of repression and intimidation. Let us not forget that it was Israel, which in fact created Hamas. According to Zeev Sternell, historian at the Hebrew University of Jerusalem, “Israel thought that it was a smart ploy to push the Islamists against the Palestinian Liberation Organisation (PLO)”. The Hamas had built its strength through its various acts of sabotage of the peace process, in a way which was compatible with the interests of the Israeli government. In turn, the latter sought in a number of ways, to prevent the application of the Oslo accords. In other words, Hamas was fulfilling the functions for which it was originally created: to prevent the creation of a Palestinian State. And in this regard, Hamas and Ariel Sharon, see eye to eye; they are exactly on the same wave length.
A majority of the worlds problems, from poverty to world wars, are the cause of International “satanicsecretsociety,” Banking cartel. Many or the Worlds religions and their representatives are secretly being controlled by Secret Satanic Society’s such as the most famous Freemasons who have been influencing and trying to control secular society with a Satanic agenda that Albert Pike (December 29, 1809 – April 2, 1891) wrote about in a book he published called Morals and Dogma of the Ancient and Accepted Scottish Rite of Freemasonry in 1871. Albert Pike was an American attorney, Confederate officer, writer, and Freemason. Albert Pike wrote a letter to Giuseppe Mazzini, dated August 15, 1871. This letter graphically outlined plans for three world wars that were seen as necessary to bring about the One World Order, and we can marvel at how accurately it has predicted events that have already taken place.
Pike’s Letter to Mazzini: It is a commonly believed fallacy that for a short time, the Pike letter to Mazzini was on display in the British Museum Library in London, and it was copied by William Guy Carr, former Intelligence Officer in the Royal Canadian Navy. The British Library has confirmed in writing to me that such a document has never been in their possession. Furthermore, in Carr’s book, Satan, Prince of this World, Carr includes the following footnote:
“The Keeper of Manuscripts recently informed the author that this letter is NOT catalogued in the British Museum Library. It seems strange that a man of Cardinal Rodriguez’s knowledge should have said that it WAS in 1925”.
It appears that Carr learned about this letter from Cardinal Caro y Rodriguez of Santiago, Chile, who wrote The Mystery of Freemasonry Unveiled.
To date, no conclusive proof exists to show that this letter was ever written. Nevertheless, the letter is widely quoted and the topic of much discussion.
Following are apparently extracts of the letter, showing how Three World Wars have been planned for many generations.
“The First World War must be brought about in order to permit the Illuminati to overthrow the power of the Czars in Russia and of making that country a fortress of atheistic Communism. The divergences caused by the “agentur” (agents) of the Illuminati between the British and Germanic Empires will be used to foment this war. At the end of the war, Communism will be built and used in order to destroy the other governments and in order to weaken the religions.” 2
Students of history will recognize that the political alliances of England on one side and Germany on the other, forged between 1871 and 1898 by Otto von Bismarck, co-conspirator of Albert Pike, were instrumental in bringing about the First World War.
“The Second World War must be fomented by taking advantage of the differences between the Fascists and the political Zionists. This war must be brought about so that Nazism is destroyed and that the political Zionism be strong enough to institute a sovereign state of Israel in Palestine. During the Second World War, International Communism must become strong enough in order to balance Christendom, which would be then restrained and held in check until the time when we would need it for the final social cataclysm.” 3
After this Second World War, Communism was made strong enough to begin taking over weaker governments. In 1945, at the Potsdam Conference between Truman, Churchill, and Stalin, a large portion of Europe was simply handed over to Russia, and on the other side of the world, the aftermath of the war with Japan helped to sweep the tide of Communism into China.
(Readers who argue that the terms Nazism and Zionism were not known in 1871 should remember that the Illuminati invented both these movements. In addition, Communism as an ideology, and as a coined phrase, originates in France during the Revolution. In 1785, Restif coined the phrase four years before revolution broke out. Restif and Babeuf, in turn, were influenced by Rousseau – as was the most famous conspirator of them all, Adam Weishaupt.)
“The Third World War must be fomented by taking advantage of the differences caused by the “agentur” of the “Illuminati” between the political Zionists and the leaders of Islamic World. The war must be conducted in such a way that Islam (the Moslem Arabic World) and political Zionism (the State of Israel) mutually destroy each other. Meanwhile the other nations, once more divided on this issue will be constrained to fight to the point of complete physical, moral, spiritual and economical exhaustion We shall unleash the Nihilists and the atheists, and we shall provoke a formidable social cataclysm which in all its horror will show clearly to the nations the effect of absolute atheism, origin of savagery and of the most bloody turmoil. Then everywhere, the citizens, obliged to defend themselves against the world minority of revolutionaries, will exterminate those destroyers of civilization, and the multitude, disillusioned with Christianity, whose deistic spirits will from that moment be without compass or direction, anxious for an ideal, but without knowing where to render its adoration, will receive the true light through the universal manifestation of the pure doctrine of Lucifer, brought finally out in the public view. This manifestation will result from the general reactionary movement which will follow the destruction of Christianity and atheism, both conquered and exterminated at the same time.” 4
Since the terrorist attacks of Sept 11, 2001, world events, and in particular in the Middle East, show a growing unrest and instability between Modern Zionism and the Arabic World. This is completely in line with the call for a Third World War to be fought between the two, and their allies on both sides. This Third World War is still to come, and recent events show us that it is not far off.
We have been given warnings over the years by credible sources such as JFK’s Speech about Secret Societies that probably cost him his life….but, that’s what heroes do like Dwight D. Eisenhower farewell address speech on Jan.17,1961 also gives a warning of the military industrial complex that is controlled by the Satanic Zionists secretsocieties. Military Industrial Complex(MIC): is concept commonly used to refer to policy relationships between governments, national armed forces, and industrial support they obtain from the commercial sector in political approval for research, development, production, use, and support for military training, weapons, equipment, and facilities within the national defense and security policy.
It is our mission to give solutions and a platform to those Patriots who oppose to the Illuminati Satanic agenda of a One World Order. Anti-Illuminati Party, should God deign to avail us, is to defend and promote real “Liberty and Justice for all,” formed by the wisdom contained in the United States Constitution, particularly its Bill of Rights, and inspired by the U. S. way of “Life, Liberty and the pursuit of Happiness.”
– Our strategy for promoting these consists in grassroots educational and political campaigns. – Crucially, we of the Anti-Illuminati Party reject any unthinkingly trendy denial or politically expedient downplaying of the well-established fact that the N.W.O. Globalists, or “Illuminati,” do in fact occupy key offices and abuse their clout to promote the goals of their élitist cabal. – Because of their powerful members they can, and in fact do, silence and manipulate the American People. – To indict, counter, undermine, block and expose these tactics of theirs constitutes our mission, and our lifeblood.
– If sound government is to be restored, all the New World Order Globalists must have all their cheaply-bought authority pulled: “We must remove the weeds from public office: they are choking Freedom and the Tree of Liberty” (Daniel J Leach, Jr.). – The Anti-Illuminati Party identifies the N.W.O. as “an élitist association that exploits the commoner and violates the United States Republic’s first principles.” – We deem it imperative that every United Statesman must organize to indict, counter, undermine, block and expose these High Traitors. – We the members of the Anti-Illuminati Party resolve to support no N.W.O. globalist or Illuminist/Illuminatus in any way or sense. – Under the “Anti-Illuminati Party” banner we aim to unite those who are too often disenfranchised by the current political climate.
– We of the Anti-Illuminati Party are dedicated to revitalizing our communities by speaking Truth, Hope, Goodwill, Unity and Peace. – We shall work tirelessly to cultivate “Life, Liberty and the pursuit of Happiness” wherever and whenever we can. – To best find and implement solutions to this end, we place a high value on Party-wide collaboration. – We shall operate lawfully and respectfully in all matters at all times. – We shall not profit from our endeavors. – We believe in “Liberty and Justice for all.” – With the help of God—that is of supreme Love, Light, Spirit and Truth—we shall not waver in this mission to collaborate with all citizens toward the construction of a better community.
John Fitzgerald “Jack” Kennedy speech also (May 29, 1917 — November 22, 1963)
False flag (or black flag) describes covert military or paramilitary operations designed to deceive in such a way that the operations appear as though they are being carried out by entities, groups or nations other than those who actually planned and executed them. Operations carried out during peace-time by civilian organizations, as well as covert government agencies, may by extension be called false flag operations if they seek to hide the real organization behind an operation. Geraint Hughes uses the term to refer to those acts carried out by “military or security force personnel, which are then blamed on terrorists.”[1]
In its most modern usage, the term may also refer to those events which governments are cognizant of and able to stop but choose to allow to happen (or “stand down”), as a strategy to entangle or prepare the nation for war. Furthermore, the term “false flag terrorism” may even be used in those instances when violence is carried out by groups or organizations which, whether they know it or not, are being supported or controlled by the “victim” nation. deHaven-Smith argues that the terminology has become looser in recent years due to the increasingly complex levels of “duplicity” and “international intrigue” between states.[2] Some argue that false flags are methods used by deep states as a form of deep politics.[3]
The name “false flag” has its origins in naval warfare where the use of a flag other than the belligerent’s true battle flag as a ruse de guerre, before engaging the enemy, has long been acceptable.[4] Such operations are also acceptable in certain circumstances in land warfare, to deceive enemies in similar ways providing that the deception is not perfidious and all such deceptions are discarded before opening fire upon the enemy.
I am supposed to protect the Constitution,” says Sheriff Lenic
Paul Joseph Watson – November 29, 2012
Sheriff Stan Lenic, the cop who stood up for the First Amendment by refusing to impede the free speech rights of activists at Albany International Airport, has become an Internet icon, with messages of support flooding in to the Albany County Sheriff’s Office and Lenic being honored with a commendation.
Full Video Here:
A video that has now gone viral on You Tube shows Lenic refusing to follow the demands of Albany Airport’s PR director Doug Myers in having activists Jason Bermas and Ashley Jessica identified, detained or removed for handing out flyers warning travelers about the dangers of airport body scanners as part of the Opt Out and Film campaign.
“Obviously this is your constitutional right, OK? As far as you’re concerned, you’re not breaking any laws. That’s what we want to get across to you guys,” Lenic told the activists, dismissing efforts by Myers to have the two kicked out of the airport.
When Myers attempted to have the activists identify themselves, winking at Sheriff Lenic as he demanded Lenic take their IDs, Lenic fired back, stating, “If I was to ask for his identification he does not have to give it to me because he’s not doing anything wrong.”
The Albany County Sheriff’s Office has since been bombarded with hundreds of positive emails and calls from liberty lovers championing Sheriff Lenic for his fine work in defending the First Amendment against petty enforcers like Doug Myers.
Comments on YouTube were also overwhelmingly supportive of Sheriff Lenic.
“Finally a cop that does his job properly. Makes a change from all of the bad cop films we’ve seen lately. Hats off to the man,” wrote one.
“This Sheriff is an absolute paragon for justice,” added another.
Lenic already has his own Facebook page where people are reposting the video and urging Lenic to run for Mayor.
“That’s a little overwhelming. I mean, I was doing my job I felt I was doing the right thing protecting people’s First Amendment rights,” Lenic told NewsChannel 13.
Lenic later emailed Jason Bermas the following message;
“I am overwhelmed by the support your viewers have given me. I hope other fellow officers will see this and not view the freedom of speech as a threat, but an opportunity to show the professionalism that law enforcement should be held to. I remember the day I was sworn in, and I remember that I am supposed to protect the constitution of the United States. I am proud to be a Deputy Sheriff, and try to do my job to the best of my ability so help me God.”
Lenic also told Bermas that his superiors were considering giving him an official commendation for his exemplary actions in defending the constitutional rights he swore to uphold.
Watch the full video of how Sheriff Lenic handled the opt out campaign event below.
Sheriff Stan Lenic, the cop who stood up for the First Amendment by refusing to impede the free speech rights of activists at Albany International Airport, has become an Internet icon, with messages of support flooding in to the Albany County Sheriff’s Office and Lenic being honored with a commendation.
A video that has now gone viral on You Tube shows Lenic refusing to follow the demands of Albany Airport’s PR director Doug Myers in having activists Jason Bermas and Ashley Jessica identified, detained or removed for handing out flyers warning travelers about the dangers of airport body scanners as part of the Opt Out and Film campaign.
“Obviously this is your constitutional right, OK? As far as you’re concerned, you’re not breaking any laws. That’s what we want to get across to you guys,” Lenic told the activists, dismissing efforts by Myers to have the two kicked out of the airport.
When Myers attempted to have the activists identify themselves, winking at Sheriff Lenic as he demanded Lenic take their IDs, Lenic fired back, stating, “If I was to ask for his identification he does not have to give it to me because he’s not doing anything wrong.”
The Albany County Sheriff’s Office has since been bombarded with hundreds of positive emails and calls from liberty lovers championing Sheriff Lenic for his fine work in defending the First Amendment against petty enforcers like Doug Myers.
Comments on YouTube were also overwhelmingly supportive of Sheriff Lenic.
“Finally a cop that does his job properly. Makes a change from all of the bad cop films we’ve seen lately. Hats off to the man,” wrote one.
“This Sheriff is an absolute paragon for justice,” added another.
Lenic already has his own Facebook page where people are reposting the video and urging Lenic to run for Mayor.
“That’s a little overwhelming. I mean, I was doing my job I felt I was doing the right thing protecting people’s First Amendment rights,” Lenic told NewsChannel 13.
Lenic later emailed Jason Bermas the following message;
“I am overwhelmed by the support your viewers have given me. I hope other fellow officers will see this and not view the freedom of speech as a threat, but an opportunity to show the professionalism that law enforcement should be held to. I remember the day I was sworn in, and I remember that I am supposed to protect the constitution of the United States. I am proud to be a Deputy Sheriff, and try to do my job to the best of my ability so help me God.”
Lenic also told Bermas that his superiors were considering giving him an official commendation for his exemplary actions in defending the constitutional rights he swore to uphold.
Watch the full video of how Sheriff Lenic handled the opt out campaign event below.
Stanley, now a wholly-owned subsidiary of CGI Federal Inc., provides services to the U.S. federal civilian, defense and intelligence agencies. The combined portfolio of services and solutions enable us to serve as a full-service provider for U.S. federal clients’ mission-essential needs at every stage of program, product and business lifecycle.
CGI’s acquisition of Stanley is part of a plan to profitably double the company’s in three to five years through a combination of acquisitions and organic growth. As a result of this acquisition, CGI joins the ranks of U.S. federal IT contractors with more than $1 billion in revenue.
“The Third World War must be fomented by taking advantage of the differences caused by the “agentur” of the “Illuminati” between the political Zionists and the leaders of Islamic World. The war must be conducted in such a way that Islam (the Moslem Arabic World) and political Zionism (the State of Israel) mutually destroy each other. Meanwhile the other nations, once more divided on this issue will be constrained to fight to the point of complete physical, moral, spiritual and economical exhaustionWe shall unleash the Nihilists and the atheists, and we shall provoke a formidable social cataclysm which in all its horror will show clearly to the nations the effect of absolute atheism, origin of savagery and of the most bloody turmoil. Then everywhere, the citizens, obliged to defend themselves against the world minority of revolutionaries, will exterminate those destroyers of civilization, and the multitude, disillusioned with Christianity, whose deistic spirits will from that moment be without compass or direction, anxious for an ideal, but without knowing where to render its adoration, will receive the true light through the universal manifestation of the pure doctrine of Lucifer, brought finally out in the public view. This manifestation will result from the general reactionary movement which will follow the destruction of Christianity and atheism, both conquered and exterminated at the same time.” Albert Pike
A popular Youtuber offers his opinion on the Muslim false flag video that supposedly lead to the murder of a US Ambassador and caused widespread rioting throughout the world.
All evidence points to the fact that the release of this movie was absolutely a false flag designed to cause chaos and further divide the populace.
From Youtube Video Description:
UPDATE:Glen Beck reported that the Embassy staff were communicating via a gaming forum!
Go to “DarthF3TT” channel on YT and will notice that out of 11 videos, NINE of them are [Gaming Videos] ONE is the Innocence of Muslims and TWO are about the Embassy Killings.
UPDATE: Look who created this now deleted page. This url was captured via a Google Cache trying to sell the Christopher Stevens was killed because of the Innocence of Muslim “Film”, look who posted it!
It has been brought to my attention that Youtube has shielded everyone’s age within the past 24 hours.
Again, I wanted to thank “TheAntiPC” http://www.youtube.com/user/TheAntiPC for your original video pointing out the facts on how the Muslim Movie was posted months ago, for it is your video, that made me really look into this situation!
I have been saying that the Global Financial Meltdown was just around the corner for years now! It finally looks like we are on the verge of this happening this year. I would not be surprised if this happens in October 2012! This is a case of history repeating itself! “Those who cannot remember the past are condemned to repeat it.” George Santayana
A bank run occurs when a large number of bank customers withdraw their deposits because they believe the bank might fail. As more people withdraw their deposits, the likelihood of default increases, and this encourages further withdrawals. This can destabilize the bank to the point where it faces bankruptcy.[1]
The stock market crash of October 1929 left the American public highly nervous and …at the time, making it the largest single bank failure in American history.
In December 1931, New York’s Bank of the United States collapsed. The bank had more than $200 million in deposits at the time, making it the largest single bank failure in American history.
The bank runs of 1930 were followed by similar banking panics in the spring and fall of 1931 and the fall of 1932. In some instances, bank runs were started simply by rumors of a bank’s inability or unwillingness to pay out funds. In December 1930, the New York Times reported that a small merchant in the Bronx went to a branch of the Bank of the United States and asked to sell his stock in the institution. When told the stock was a good investment and advised not to sell, he left the bank and began spreading rumors that the bank had refused to sell his stock. Within hours, a crowd had gathered outside the bank, and that afternoon between 2,500 and 3,500 depositors withdrew a total of $2 million in funds.
The Global Financial Meltdown has dramatically worsened as Corporations and China Jump Aboard The “Institutional” Global Bank Run As Banks Fall Apart As Their Seams.
Earlier today the world saw a global financial meltdown as investors dumped everything from stocks to commodities and literally everything in between.
Major Stock Market Indexes, Commodities, Currencies And Everything In Between Is Being Dumped By Investors Across The Globe In The Midst Of A Global Financial Meltdown.
The financial markets across the globe are facing one of the most massive sell-offs in recent memory.
The Dow Jones Industrial average has sold off over 467 points today. When and when you add that on top of 284 point drop following yesterday’s crash FED’s statement, which announced operation ‘twist’ and warned of significant downside risk and strains in global financial markets, we have a 751 point drop in the DOW since 2:45 PM est yesterday, which is the largest 2 day slump since 2008.
There are an endless parade of economic statistics many of which are the worse since the Great Depression and World War 2 era. We have also seen 111 of the s&P 500 hit fresh 52 week lows, a drop in global currencies – beside the dollar, oil dropping into the high $70 per barrel range and gold plummeting over 5% to trade in the low $1,700 per ounce range.
Business Week points out the massive crash in U.S. stocks immediately below while CNBC points out further below that this in fact a global meltdown – investors are dumping everything.
While today’s sell off was monumental and in fact is on course for the 3rd worse week on Wall Street ever, the sell-off was on the heels of the FED’s economic outlook. Today’s Global Financial Meltdown is about to become much worse as a slew of news reports out today reveal the run on the European banks has spread to include corporations and institutions pulling their money out of banks and China finally arriving at the party.
As a backdrop, the IMF warned the entire global financial systems is more vulnerable to collapse than at any other time since the 2008 financial crisis. The alarm is being sounded with the stern warning the European debt crisis could trigger the complete collapse of the entire global financial system at any minute. On the other hand, the alternative media and independent economists warn we are in fact in of a great depression style collapse. The only difference is this time around we would be facing a global depression. But as the ship their countrymen sail on continues to sink, bureaucrats continueto play politics and put their partisan interests above the interest of their constituents.
The run on European banks has already began with from the customers pulling their money from banks some time ago. While the corporate media kept the run on the Greece banks on the hush the media blackout didn’t stop the run nor did it stop the run from spreading to other nations. Simply put, the public is learning they can’t trust their governments and they can’t trust the media. Indeed the withdrawal of deposits from the banks in Greece has quietly spread across the other European nations only to spread into some of the supposedly most stable banks in the Euro-zone, the French banks.
Now we have learned the run on the banks that was originally limited to customers has now spread to include corporate and institutional clients withdrawing their money from the banks. First, we caught wind of the rumor that Siemens pulled its cash from one of the French banks. Then came theconfirmation came that Siemens pulled $500 million Euros from Societe Generale. Siemens of course is a huge conglomerate. For such a huge corporation to lose trust in one of the supposedly most stable of the French banks is clearly a very significant development. To be clear, the ramification have simply rocked the markets and the many more corporations soon will follow. In fact, some corporations and nations have followed their lead.
Consider the breaking news that The Bank of China has stopped doing business with four major European banks. To be exact thy have stopped trading swaps and foreign exchange forwards with the Societe Gnerale, BNP Paribas, Credit Agricole and the Swiss banking giant UBS.
Speaking of BNP Paribas, Reggie Middleton – who long predicted the collapse of Lehman’s and Bear Stearns far ahead of anyone else because of their shady banking practices – has been warning for months BNP Paribas is ripe for a Lehman style collapse. Reggie argues that BNP Paribas is engaging in the same practices and fraud that caused Lehman’s and Bear Stearn’s to collapse.
While on the subject of China, we learn today they are not immune to the bank run either. China Securities Journal reveals that 420 billion yuan have been pulled out of the big four state-owned Chinese bank during the 15 days of September. Even bank employees are pulling their deposits from the banks as it is estimated that three trillion yuan has been diverted to illegal money lenders which pay interest rates 10 times higher than the one-year Chinese bank deposit rate.
Today we also learn that Insurer Lloyd’s of London confirmed it’s withdrawing deposits from all of the European banks for fear they may collapse. The rationalization for their withdrawal is quite simple – if world is worried about the European governments themselves collapsing then on must assume the sovereign debt collapse will also cause the banks themselves to collapse.
Still that message doesn’t seem to be reaching the retail banking client and the corporate owned media is to blame for repeatedly assuring the public there bank deposits are safe because the banks are insured by their respective European government.
When we see corporations not buying the propaganda being pushed by the media and instead withdrawing their deposits that should be a clear sign to the retail client it is time to withdraw their deposits. Unfortunately, too many people believe their governments and the media would never lie to them so some of them will unfortunately need to learn the hard way.
However, anyone keeping up with the details of latest financial news that doesn’t quite make the headlines knows that banks across the world have been hit with a parade of credit rating cuts warning of their risk of collapse. Those same cuts have been coupled with recent credit rating cuts of the sovereign of nations themselves, most notably the credit downgrades of the United States and Italy.
Adding to the bleak reality a global financial collapse may be imminent is the fact that 9 Banks failed last years EU stress test and another 16 barely passed the test. Yet instead of being proactive and shoring up capital to assure the survival of financial turmoil, we have seen many banks continue to conduct business in absolute denial they were at risk. In ignorance of reality the banks have sat around for over a year knowing they are at risk of collapse while doing little to nothing the improve their situation. Why should they act? They know when shit hits the fan taxpayers will be bent over the barrel and be forced to give the banks billions in bailouts from which the executives will collect lavish bonuses.
Now we have warnings from top economists and the FED that there is significant downside risk and strains in the global financial system that threatens the entire system. The is coupled with warnings from the IMF and EU leaders to immediately recapitalize the banks or face collapse. The calls for recapitalization have persisted for weeks with no action taken to stave off the collapse. Meanwhile, the consequences of not acting immediately continue to become more severe by the day.
The EU credit markets have frozen up and the situation is now beyond the point of dire. The question is which bank will be the first to collapse.
While all eyes seem to be focused on the Euro banks across the pond, banks back in the US are not immune from the crisis and neither are the Chinese banks.
In fact, Bank of America has been hammered by the alternative media as needing capitalization but BAC has denied those allegations and the corporate media has dismissed the alternative media reports as comments from fringe blogs. Until today that is.
Pimco’s Mohamed El-Erian raised the alarm today about the health of French banks and went on to point out there is an institutional run on thosebanks.
CNBC, went on to use the metrics El-Erain used to measure the health of the French banks to measure the health of US banks and found US banks aren’t nearly as healthy as Wall Street would like to believe.
Daniel J Leach
Anti Deep State Party 