Can Telling a Lie Enough Times Become the Truth ?

Depends on your definition of the truth….

“Among my favorite anecdotes of the mortgage-industry decadence that preceded the global financial crisis is the one about Ameriquest’s wind machine. A motivational tool for managers, it made its appearance in the late ’90s at an executive conference at Las Vegas’s MGM Grand Hotel, where the future subprime leader hooked up a powerful fan to a plastic tent. Inside, exuberant branch managers jumped around amid a cascade of cash, allowed to keep as many swirling bills as they could grab.

That was how it went at mortgage-firm retreats: Here, a money-grabbing contest; there, a round of ritual chanting—“The power of yes! The power of yes!”—at a 2004 Washington Mutual gathering that was like the high ceremony of some bizarre money cult. Before long such incentivizing was part of the daily culture, if not official policy. Countrywide, for example, had a marketing program called the “High-Speed Swim Lane” that linked the bonuses of sales reps working in football-field-sized call centers to the volume of loans they originated. Compressing the programs initials—and cutting to the chase—employees nicknamed it “The Hustle.”

Mere excess was never enough for these companies. Though we’re all aware, by now, of the crookedness that infected the mortgage business last decade, the particulars are still striking. Did you know, for instance, that WMC Mortgage Corporation, owned by General Electric, hired former strippers and an ex-porn actress to entice brokers into selling their mortgages, according to a report by theCenter for Public Integrity? Or that Wells Fargo gave its mortgage stars all-expense-paid vacations to Cancun and the Bahamas and treated them to private performances by Aerosmith, the Eagles, and Elton John? Or that New Century sent top loan sales reps toPorsche driving school?

The upshot is clear enough: With Wall Street’s demand for mortgages unending and some loan producers managing to book up to 70 loans per day, the system didn’t just crash. It was brought down.

But we’ve also been made to understand that subprime lenders and their Wall Street funders didn’t act alone. Instead, they were aided by the avarice of the American people, who were not victims of the crash so much as accomplices in it. Respondents to a Rasmussen poll done during the throes of the crisis overwhelmingly blamed “individuals who borrowed more than they could afford” (54 percent) over Wall Street (25 percent). To this day, the view is widespread and bipartisan: Main Street was an essential cause of the meltdown. The enemy was us.

“It all goes back to the increase in the tolerance for debt,” David Brooks wrote a couple of years ago. The Brookings Institution, meanwhile, has argued that of all the possible crisis narratives, “ ‘everyone was at fault’ comes closest to the truth.” The “wider society” must face the music, it said in a 2009 paper. “People in all types of institutions and as individuals became blasé about risk-taking and leverage.”

Or, as Michael Lewis, our financial-writer laureate, observed: “The tsunami of cheap credit … was temptation, offering entire societies the chance to reveal aspects of their characters they could not normally afford to indulge.” Reveal themselves, they did, and it wasn’t pretty. Writing for Vanity Fair, Lewis quoted at length Dr. Peter Whybrow, a British neuroscientist at UCLA, who posited that human beings have “the core of the average lizard.” Lewis, running with the analogy, relayed Whybrow’s conclusion, which was that “the succession of financial bubbles, and the amassing of personal and public debt” were “simply an expression of the lizard-brained way of life.”

Is that not the truth?

Actually: No, it’s not. The notion that American consumers share the blame for the mortgage crisis is a lie. And it is one of the most pernicious out there.

Illustration by Zohar Lazar

Everyone-Is-To-Blame (or EITB, for brevity’s sake) has done much to mute the public outcry essential for sweeping efforts to respond to the financial catastrophe. To the extent that Dodd-Frank fell short of the root-and-branch reform that followed the last great crash in 1929, EITB is to blame. The fact that banks too big to fail before the crisis have been allowed to grow to twice their pre-bubble sizes can be traced to a nagging sense that they didn’t act alone. And if you wonder why, six years after the fact, no significant Wall Street figure has been criminally prosecuted, I would suggest that EITB has muddied perceptions just enough to allow the administration to sidestep the necessary legal mobilization. If everyone is to blame, then criminal indictments of individual executives can be framed as exercises in scapegoating……”

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“……..It is interesting that, as humans, we fail to pay attention to the warnings signs as long as we see no immediate danger.  Yet, when the inevitable occurs, we refuse to accept responsibility for the consequences.

I was recently discussing the market, current sentiment and other investing related issues with a money manager friend of mine in California. (Normally, I would include a credit for the following work but since he works for a major firm he asked me not to identify him directly.) However, in one of our many email exchanges he sent me the following note detailing the 10 typical warning signs of stock market exuberance.

(1) Expected strong OR acceleration of GDP and EPS  (40% of 2013′s EPS increase occurred in the 4th quarter)

(2) Large number of IPOs of unprofitable AND speculative companies

(3) Parabolic move up in stock prices of hot industries (not just individual stocks)

(4) High valuations (many metrics are at near-record highs, a few at record highs)

(5) Fantastic high valuation of some large mergers (e.g., Facebook & WhatsApp)

(6) High NYSE margin debt

Margin debt/gdp (March 2000: 2.7%, July 2007: 2.6%, Jan 2014: 2.6%)

Margin debt/market cap (March 2000: 1.8%, July 2007: 2.3%, Jan 2014: 2.0%)….”

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“At some point over the next few years, the rate of money flow and inflation will start to catch up to each other, eventually sending the economy into a recession, according to a new analysis from banking analyst Dick Bove.

The good news in Bove’s forecast is that the day of reckoning is probably four years away.

The bad news is that a 7 percent rate in the 10-year note looms out there, something that would put a severe crimp in the current debt-happy economy….”

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“While it may have been pushed back from the front pages to keep confidence high, things in the Crimea, and in Ukraine in general (which may or may not waved goodbye to its gold reserves) are going from bad to worse with every passing day, with the near term catalyst of course being this Sunday Crimean referendum vote, which seems like a done deal, and which will give Russia a carte blanche to annex the territory over the howls of protest from Ukraine’s coup government, and the west of course.

Making this outcome one step clower, overnight the parliament of the Autonomous Republic of Crimea adopted an independence declaration from Ukraine which is necessary for holding a March 16 referendum.

“We, the members of the parliament of the Autonomous Republic of Crimea and the Sevastopol City Council, with regard to the charter of the United Nations and a whole range of other international documents and taking into consideration the confirmation of the status of Kosovo by the United Nations International Court of Justice on July, 22, 2010, which says that unilateral declaration of independence by a part of the country doesn’t violate any international norms, make this decision,” says the text of the declaration, which was published by the Crimean media.

As RT reports, the document was adopted during an extraordinary session of parliament. 78 of 100 members of the parliament voted in favor of the declaration.

The Crimean parliament’s vote to become an independent sovereign state paves the way for the March 16 referendum for the Crimean Autonomous Republic and the city of Sevastopol to join Russia. If the referendum is in favor, the Crimean authorities will request for their country to become a constituent republic of the Russian Federation. The declaration was signed by the speaker of the Supreme Council of Crimea, Vladimir Konstantinov, and the head of the Sevastopol City Council, Yury Doynikov.

 

“We adopted the declaration of independence to make the upcoming referendum legitimate and transparent,” Konstantinov said. “Now we declare ourselves the Republic of Crimea, we don’t add ‘autonomous.”

 

After Tuesday’s declaration of independence, Crimea will never rejoin Ukraine, Konstantinov added. He said that Crimea will adopt the Russian ruble as its currency soon after the referendum…..”

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[youtube://http://www.youtube.com/watch?v=i636aVudL7I 450 300]

“by Julius Sequerra

Contributor

We were right all along. It was all about psyops, brainwashing, and the government plan to confiscate guns.

Social Security Records Show No Deaths in Alleged Sandy Hook Massacre
Sandy Hook Shooting <http://ift.tt/1fm5Mow;

The Sandy Hook official narrative is now dead.
Manual search of the Social Security Death master file lists reveals no deaths and no victims in the alleged Sandy Hook murders.

Published on Feb 22, 2014

Sandy Hook – NO DEATHS, NO VICTIMS; According to SSDI Official Master File

Alleged Sandy Hook Deaths Searchable in SSID Master File (PDF) <http://ift.tt/1fm5NbY;

The originating website uses a purchased copy of the Social Security Death Master File, updated through 1 January 2014, which is public information. You are invited to search all of these records for the putative ‘victims’ of the Sandy Hook massacre.

The Sandy Hook perpetrators know the SSDI or (SSDMF) is the best single  definitive source for actual births and deaths in the United States.  That’s why there was a systematic effort to deny public access to this database about one year prior to the alleged shootings.   Even copies of the file used by searchable ancestry sites had been altered, and the victims variably inserted.

It was this variability that led us to perform a search of the unaltered, original archived version of the MASTER file.
The search revealed NO DEATHS in the alleged Sandy Hook Massacre.
VIDEO: http://ift.tt/N2nx0x

The children should all be 6 to 7 years old (“born” 2005-2006), and should have “died” in 2012. The adult “victims” appear in the appendix.
(Each entry is followed by a 6-7 digit serial entry number, which demonstrates the continuity of the alphabetical listing – in other words, that they are presented here unaltered.)

Eric Holder Reveals Gun Grab Scheme on C-Span…”

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“According to the  iskra-news.info  last night ,Ukrainian gold reserves (40 sealed boxes) were loaded on an unidentified transport aircraft in Kiev’s Borispol airport. The board took off immediately.

A source in the Ukrainian government confirmed that the transfer of the gold reserves…..

……Official narrative: gold bullion is going to USA (maybe to reassure the Germans their gold is in safe hands, after all the despite numerous requests from the German Govt The Feds have not given access for them to even view their Gold Bullion) . Real narrative: probably to Switzerland where it is divided between Yulia Tymoshenko and her cronies.”

Full article 

[youtube://http://www.youtube.com/watch?v=h1zRfXkOmPI#t=342 450 300]

[youtube://http://www.youtube.com/watch?v=tC9WAf3NqHY#t=48 450 300]

[youtube://http://www.youtube.com/watch?v=SEcZFgSnVP0#t=34 450 300]

“Submitted by Brandon Smith of Alt-Market.com,

When one studies history, all events seem to revolve around the applications and degenerations of war. Great feats of human understanding, realization and enlightenment barely register in the mental footnotes of the average person. War is what we remember, idealize and aggrandize, which is why war is the tool most often exploited by oligarchy to distract the masses while it centralizes power.

With the exception of a few revolutions, most wars are instigated and controlled by financial elites, manipulating governments on both sides of the game to produce a preconceived result. The rise of National Socialism in Germany, for instance, was largely funded by corporate entities based in the U.S., including Rockefeller giant Standard Oil, JPMorgan and even IBM, which built the collating machines specifically used to organize Nazi extermination camps, the same machines IBM representatives serviced on site at places like Auschwitz. As a public figure, Adolf Hitler was considered a joke by most people in German society, until, of course, the Nazi Party received incredible levels of corporate investment. This aid was most evident in what came to be known as the Keppler Fund created through the Keppler Circle, a group of interests with contacts largely based in the U.S.

George W. Bush’s grandfather, Prescott Bush, used his position as director of the New York-based Union Banking Corporation to launder money for the Third Reich throughout the war. After being exposed and charged for trading with the enemy, the case against Bush magically disappeared in a puff of smoke, and the Bush family went on to become one of the most powerful political forces in America.

Without the aid of international conglomerates and banks, the Third Reich would have never risen to power.

The rise of communism in Russia through the Bolshevik Revolution was no different. As outlined in Professor Antony Sutton’s book Wall Street And The Bolshevik Revolution with vast detail and irrefutable supporting evidence, it was globalist financiers that created the social petri dish in which the communist takeover flourished.  The same financiers that aided the Nazis…

The two sides, National Socialism and communism, were essentially identical despotic governmental structures conjured by the same group of elites. These two sides, these two fraudulent ideologies, were then pitted against each other in an engineered conflict that we now call World War II, resulting in an estimated 48 million casualties globally and the ultimate formation of the United Nations, a precursor to world government.

Every major international crisis for the past century or more has ended with an even greater consolidation of world power into the hands of the few, and this is no accident.

When I discuss the concept of the false left/right paradigm with people, especially those in the liberty movement, I often see a light turn on, a moment of awareness in their faces. Many of us understand the con game because we live it day to day. We see past the superficial rhetoric of Republican and Democratic party leadership and take note of their numerous similarities, including foreign policy, domestic defense policy and economic policy. The voting records of the major players in both parties are almost identical. One is hard-pressed to find much difference in ideology between Bush and Barack Obama, for example; or Obama and John McCain; or Obama and Mitt Romney, for that matter.

When I suggest, however, that similar false paradigms are used between two apparently opposed nations, the light fades, and people are left dumbstruck. Despite the fact that globalist financiers shoveled capital into the U.S., British, German and Soviet military complexes all at the same time during World War II, many Americans do not want to believe that such a thing could be happening today.

In response, I present the crisis in Ukraine versus the crisis in Syria…

Ukraine Versus Syria

It seems as though much of the public has already forgotten that at the end of 2013, the U.S. came within a razor’s edge of economic disaster — not to mention the possibility of World War III. The war drums in Washington were thundering for “intervention” in Syria and the overthrow of Bashar Assad. The only thing that saved us, I believe, were the tireless efforts of the independent media in exposing the darker motives behind the Syrian insurgency and the bloodlust of the Obama Administration. The problem is that when the elites lose one avenue toward war and distraction, they have a tendency to simply create another. Eventually, the public is so overwhelmed by multiple trigger points and political powder kegs that they lose track of reality. I often call this the “scattergun effect.”

The crisis in the Ukraine is almost a carbon copy of the civil war in Syria, culminating in what I believe to be the exact same intent.

The Money

Money from globalist centers has been flowing into the Ukrainian opposition since at least 2004, when the Carnegie Foundation was caughtfiltering funds to anti-Russian political candidate Viktor Yushchenko, as well as to the groups who supported him.

The Ukrainian Supreme Court called for a runoff due to massive voter fraud and the rise of the pro-Western Orange Revolution, determining the winner to be Yushchenko over none other than Viktor Yanukovych. Yanukovych went on to win the 2010 elections, and the revolution returned to oust him this year.

It has been discovered that the current revolution has also been receiving funds from NATO and U.S. interests, not just from the State Department, but also from billionaires like Pierre Omidyar, the chairman of eBay and the new boss of journalist Glen Greenwald, the same journalist who is now famous for being the first to expose National Security Agency documents obtained by Edward Snowden.

Much of the monetary support from such financiers was being funneled to men like Oleh Rybachuk, the right-hand man to Yanukovych during the Orange Revolution and a favorite of neoconservatives and the State Department in the U.S.

The International Monetary Fund has also jumped at the chance to throw money at the new Ukrainian regime, which would prevent default of the country and allow the opposition movement to focus their attentions on Russia.

The revolution in Syria was also primarily driven by Western funds and arms transferred through training grounds like Benghazi, Libya. There is much evidence to suggest that the attack on the U.S. consulate in Benghazi was designed to possibly cover up the arming of Syrian rebels by the CIA, who had agents on the ground who still have not been allowed to testify in front of Congress.

After this conspiracy was exposed in the mainstream, globalist-controlled governments decided to openly supply money and weapons to the Syrian insurgency, instead of ending the subterfuge.

The ‘Rebels’

Some revolutions are quite real in their intent and motivations. But many either become co-opted by elites through financing, or they are created from thin air from the very beginning. Usually, the rebellions that are completely fabricated tend to lean toward extreme zealotry.

The Syrian insurgency is rife with, if not entirely dominated by, men associated with al-Qaida. Governments in the U.S. and Israel continue to support the insurgency despite their open affiliation with a group that is supposedly our greatest enemy. Syrian insurgents have been recorded committing numerous atrocities, including mass execution, the torture of civilians and even the cannibalism of human organs.

The revolution in Ukraine is run primarily by the Svoboda Party, a National Socialist (fascist) organization headed by Oleh Tyahnybok.  Here is a photo of Tyahnybok giving a familiar salute:

So far, the opposition in Ukraine has been mostly careful in avoiding the same insane displays of random violence that plagued the Syrians’ public image. It is important to remember though that mainstream outlets like Reuters went far out of their way in attempts to humanize Syrian al-Qaida. Their methods were exposed only through the vigilance of the independent media. With the fascist Svoboda in power in the Ukraine, I believe it is only a matter of time before we see video reports of similar atrocities, giving Russia a perfect rationalization to use military force.

John McCain?

I am now thoroughly convinced that John McCain is a pasty ghoul of the highest order. He claims to be conservative yet supports almost every action of the Obama Administration. He is constantly defending anti-Constitutional actions by the Federal government, including the Enemy Belligerents Act, which was eventually melded into the National Defense Authorization Act; NSA surveillance of U.S. citizens; and evengun control.

And for some reason, the guy makes appearances like clockwork right before or during major overthrows of existing governments. McCain was in Libya during the coup against Moammar Gadhafi.

McCain showed up to essentially buy off the rebels in Tunisia.

McCain hung out with al-Qaida in Syria.

And, what a surprise, McCain met with the Ukrainian opposition movement just before the overthrow of Viktor Yanukovych.  Here is a photo of McCain giving a speech to the opposition with none other than Neo-Nazi Oleh Tyahnybok standing over his left shoulder.

Why McCain? I have no idea. All I know is, if this guy shows up in your country, take cover.

Russia In The Middle

The great danger in Syria was not necessarily the chance of war with Assad. Rather, it was the chance that a war with Assad would expand into a larger conflagration with Iran and Russia. Russia’s only naval facility in the Mideast is on the coast of Tartus in Syria, and Russia has long-standing economic and political ties to Syria and Iran. Any physical action by the West in the region would have elicited a response from Vladimir Putin. The mainstream argument claims that the threat of Russian intervention scared off Obama, but I believe the only reason war actions were not executed by the White House and the globalists was because they didn’t have even minimal support from the general public. For any war, you need at least a moderate percentage of the population to back your play.

In Ukraine, we find the globalists creating tensions between the West and the East yet again. Russia’s most vital naval base sits in Crimea, an autonomous state tethered to the Ukrainian mainland. Currently, Russia has flooded Crimea with troops in response to the regime change in Ukraine. The new Ukrainian government (backed by NATO) has called this an “invasion” and an act of war, while Western warmongers like McCain and Lindsay Graham spread the propaganda meme that Russia made such a move only because Putin believes the Obama Administration to be “weak.”

Clearly, the idea here is to engineer either high tensions or eventual war between Russia and the United States. Syria failed to produce the desired outcome, so the Ukraine was tapped instead.

Energy Markets And The Dollar At Risk

In Syria, any U.S. led military action would have resulted in the immediate closing of the Straight of Hormuz by Iran, threatening to obstruct up to 30% of global petroleum shipments.  Foreign resentment could have easily led to the abandonment of the U.S. dollar as the petro-currency.  Both China and Russia implied the possibility of an economic response to American intervention, though they did not officially go into specifics.  In all likelihood, the dollar’s world reserve status would have been damaged irrevocably.

In the Ukraine, the chance of intervention has been countered with VERY specific threats from Russia, including a freeze on natural gas imports to the European Union through Gazprom, which supplies approximately 30% of the EU’s fuel.  In 2009, a temporary Ukranian pipeline closure led to widespread shortages across Europe.  While some in the mainstream claim that Russia’s influence over EU energy has “diminished” the fact is a loss of 30% of natural gas reserves for an extended period would inflate energy prices wildly and cripple the EU’s economy.

Another specific reaction given by Russia is the dumping of U.S. treasury bonds.  Russia’s bond holdings may not seem like much leverage, except for the fact that China has now publicly backed Russian efforts in the Ukraine, just as they backed Russian opposition to U.S. activities in Syria.  A dump of bonds by Russia would invariably be followed by a Chinese dump as well.  In fact, China and Russia have been setting the stage for a global dollar decoupling since at least 2008.   I have been warning for years that globalists and central bankers needed a “cover event”, a distraction or scapegoat imposing enough to provide a veil of chaos in which they could then destroy the greenback as the world reserve and usher in a global currency system.  The Ukraine crisis offers yet another opportunity for this plan to unfold.

The False Paradigm And The Globalist Chessboard…..”

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“Submitted by Zachary Zeck via The Diplomat,

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The question now is who backed said nationalist right wingned neo nazi fascists?

“(Reuters) – When protest leaders in Ukraine helped oust a president widely seen as corrupt, they became heroes of the barricades. But as they take places in the country’s new government, some are facing uncomfortable questions about their own values and associations, not least alleged links to neo-fascist extremists.

Russia’s president Vladimir Putin claims Ukraine has fallen into the hands of far-right fascist groups, and some Western experts have also raised concerns about the influence of extremists. Yet many Ukrainians see the same groups as nationalist stalwarts and defenders of the country’s independence.

Two of the groups under most scrutiny are Svoboda, whose members hold five senior roles in Ukraine’s new government including the post of deputy prime minister, and Pravyi Sector (Right Sector), whose leader Dmytro Yarosh is now the country’s Deputy Secretary of National Security.

Right Sector activists wearing black ski masks, bullet-proof vests and military fatigues still hold several buildings close to Kiev’s Independence Square. Activists on the street declined to speak to Reuters about their organization. An individual described as their “commander” directed a reporter to two spokespeople who also declined requests for interviews.

On Tuesday the group called for supporters to patrol Wikipedia. In a posting on Vkontakte, the Russian equivalent of Facebook, Right Sector wrote: “We appeal to people who can make changes to Wikipedia. In the English version (with Russian worse) Right Sector is depicted as an organization that has a fascist and neo-Nazi views, with appropriate consequences. If you have an opportunity – correct this misunderstanding.”

According to Wikipedia’s logs, on Monday the Right Sector entry described the party as having “borderline fascist or neo-fascist views.” On Tuesday the page was modified 174 times, including changes to describe Right Sector as an “organization to protect demonstrators” and a “youth patriot organization.”

After the intervention of Wikipedia administrators, the page was locked and reverted to saying that Right Sector was “described by major Western newspapers as having far right or neo-fascist views.”

Expert opinions on Svoboda in particular are divided. Per Anders Rudling, an associate professor at Lund University in Sweden and researcher on Ukrainian extremists, has described Svoboda as “neo-fascist”. He told Britain’s Channel 4 News: “Two weeks ago I could never have predicted this. A neo-fascist party like Svoboda getting the deputy prime minister position is news in its own right.”

But Ivan Katchanovski, a political scientist at the University of Ottawa who has studied the far-right in Ukraine, disagreed that Svoboda was so extreme. “Svoboda is currently best described as a radical nationalist party, and not as fascist or neo-Nazi,” he said. “It is now not overtly anti-Semitic.”….”

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“One of Oklahoma’s biggest man-made earthquakes, caused by fracking-linked wastewater injection, triggered an earthquake cascade that led to the damaging magnitude-5.7 Prague quake that struck on Nov. 6, 2011, a new study confirms.

“Even if wastewater injection only directly affects a low-hazard fault, those smaller events could trigger an event on a larger fault nearby,” she told Live Science.

The Prague earthquake was the largest of thousands of quakes that rattled Oklahoma in late 2011. Three were magnitude-5 or stronger. The 2011 quakes struck along the Wilzetta fault, a fault zone near Prague. Earthquakes break faults like a boat plowing through thick ice — the fault zips open as the earthquake ruptures the fault, and then seals itself shut behind. Each of the three biggest quakes tore apart a different part of the Wilzetta fault, the researchers said. [Image Gallery: Deadly Earthquakes]

Triggered foreshock

The magnitude-5.7 earthquake near Prague was preceded by a 5.0 quake that hit a day earlier, on Nov. 5. This “foreshock” occurred near an active wastewater disposal well. Thewastewater injection triggered the Nov. 5 earthquake, researchers concluded in a study published in March 2013 in the journal Geology. However, the Nov. 6 earthquake was farther from the wells….”

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“WASHINGTON, D.C., March 7, 2014–National Security Agency (NSA) chief executive General Keith Alexander addressed a cyber-security panel Tuesday where he proclaimed that “media leaks legislation” he introduced to prevent journalists from reporting on government surveillance programs like those leaked by Edward Snowden could reach the floor within a couple weeks.

“We’ve got to handle media leaks first,” Alexander said in report by the Guardian. “I think we are going to make headway over the next few weeks on media leaks.”

Alexander stood in support of the United Kingdom’s actions last summer when the British government detained Guardian Journalist Glenn Greenwald’s partner David Miranda on terrorism charges for carrying leaked data obtained by Snowden. He stated similar measures should be implemented in the USA….”

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Cheers on your weekend!

Full report

“The desperation of the Anglo-American leadership, guided by the steady corrupt banker hands, has never been more acutely high, nor obvious in full view. The entire Ukraine situation is a travesty. It includes Langley agents killing police and street demonstrators from rooftops, the confirmation coming from the Estonian Embassy (translation of scripts). It includes thefts of official Ukrainian Govt funds, again sent to the Swiss hill sanctuary. It includes sanctions delivered by a US Paper Tiger, sure to cause horrific backlash. It involves the last gasp attempt to obstruct the Gazprom energy pipelines, which will inevitably corner the European market in monopoly. It involves subterfuge with the NATO card (aka Narcotics And Treachery Outlaws) with missiles placed on the Russian borders. Look for NATO members to find a back door to exit the spurious treaty. It involves playing with nitro-glycerine in the Petro-Dollar room. It involves putting tremendous risk for much more clear isolation of the United States. The more the USGovt pushes, the more the US will be isolated. Remember that Nazis steal from their enemy states, de-fraud from their allied states, and force themselves into an isolated state. In Ukraine, the United States has over-played its weak hand. Already, a secret document was leaked in London that the UKGovt would not support the US-led sanctions against Russia.

History repeats itself from the Kremlin phone calls made during the Syrian conflict just a few months ago, when the UKGovt withdrew its support and left the US isolated, looking very weak. Already, Putin has threatened to dump USTreasury Bonds. Putin aptly calls the Anglo-Americans as Mutants. Imagine the lunacy of trying to cut off the only Russian warm water military naval port in the Crimea. Just as stupid as the Trans Pacific Partnership faux pas, trying to cut off China from its Asian neighbors and partners in trade. The intelligence level of the USGovt has never been more stupid, destructive, and in full view. The lost ground for the United States is obvious and glaring in the Persian Gulf, the Mediterranean Sea, and the Caucasus region.

IMMEDIATE PETRO-DOLLAR RISK

If the Kremlin demands Gold bullion (or even Russian Rubles) for oil payments, then the interventions to subvert the Ruble currency by the London and Wall Street houses will backfire and blow up in the bankster faces. Expect any surplus Rubles would be converted quickly to Gold bullion. If the Chinese demand that they are permitted to pay for oil shipments in Yuan currency, then the entire Petro-Dollar platform will be subjected to sledge hammers and wrecking balls. The new Petro-Yuan defacto standard will have been launched from the Shanghai outpost. If the Saudis curry favor to the Russians and Chinese by accepting non-USDollar payments for oil shipments, then the Petro-Dollar is dead and buried. The rise of the Nat Gas Coop run by Gazprom is in progress, its gas pipelines to strangle the OPEC and its bastard Petro-Dollar child. The entire USDollar foundation with the USTreasury Bond bank reserve structure is at risk is collapsing, as consequence to the desperate adventure and criminal activity conducted in Ukraine.Just like with Syria, a hidden giant energy deposit is concealed under the table. Off the Lebanese and Syrian coast, a massive off-shore energy deposit was recently discovered. The US & UK & Israeli oligarchs wish to take it all. Confusion is their game. In the western plains of Ukraine, a massive gas deposit was recently discovered. The US & European oligarchs wish to take it all. Confusion is their game.

The danger level has never been higher. No resolution to the Global Monetary War can come, which we have been seeking, without a climax. It is hardly just a financial crisis amidst a stubborn economic recovery. The nature of the currencies and their underlying sovereign bond foundation is highly toxic, which requires a strong replacement as solution, using an alternative to the USDollar alongside its reserve ledger item the USTreasury Bond. A return to the Gold Standard is coming, but the birth will have loud pangs and possibly broad damage suffered. The Global Currency Reset is better named the Return to the Gold Standard. The United States and London will not give up their control of the Weimar Printing Press easily, used for elite self-dole of extreme wealth. It has served well as the Elite credit card. They will not go quietly, and assume their place in the backwater without taking the world to the brink. No climax can occur without enormous risk and loss. The Global Paradigm Shift is in full gear, with attendant risk huge here and now. My Jackass firm belief is that the US/UK fascist team face a Waterloo event in Ukraine, the victim to be the Imperial Dollar. This bulletin will not be a comprehensive note, as the situation is too vast. The information in the Hat Trick Letter is used to interweave a story of the impending removal of the USDollar from its corrupt throne.

UNITED STATES TRAPPED AND CORNERED

The Anglo Americans have fallen into a carefully designed trap by the Russians and Chinese in a clever designed sequence. More Sun Tzu tactics have been put into practice, which utilize the momentum from the enemy to be thrust back on them. Planning for final steps must have taken place during high level Putin meetings with Xi from the elite Sochi viewing box. The unfolding of events has been more carefully engineered and orchestrated than what appears. The US/UK team has been caught in a vise for months, as the rejection of the USDollar as global reserve currency is in high gear, the refusal of the USTBond a recognized trend in diversifications. The death process is slow and grueling. Much of the American Hemisphere is surrounded and controlled by Russia & China, whether the canal, the port facilities, the oil supply, the mineral deposits, even Yuan Swap facilities. Africa has largely gone under Chinese control, with Russia playing a hidden role as well.

The Persian Gulf is in transition, with the critical protectorate role shifting to China. The Qatar royals have just ordered a dismissal of USGovt ambassadors from their nation. Note that Qatar is the site of a giant USNaval base. To be sure, the Sochi Olympic Games are over, a successful event. The gloves have thus come off. The risks have reached acute levels. The US leadership seems cavalier to the risks that over half the USGovt debt is in foreign hands, over 30% of it in Russian & Chinese hands. A severe backlash cometh. The most vulnerable player in the room is the most aggressive, arrogant, vile, and obnoxious. The instability of the situation is far beyond acute. The victim will be the USDollar and its sidekick the USTreasury Bond. The USTBonds will be kicked out of the global banking system. The Third World awaits the United States, for its domestic betrayals, its financial failures, its criminal deeds, and its war aggression.

THE RUSSIAN BACKLASH TO BE SUDDEN

Russian President Vladimir Putin will slam the West, and very soon. The initial salvo might be a natural gas cutoff by Gazprom, the Russian giant which has fast moved into the global monopoly position. Eventually, Putin might demand gold payment for the natgas in the captured pipelines, that being the plan according to The Voice. Russia supplies one quarter of Western European gas needs. It will be the opening salvo for Gold Trade Settlement, for which the Iran workarounds to the sanctions provided the critical prototype. Combined with a formal announcement of USTreasury Bond sales in volume by Russia & China, the impact would be tremendous, even devastating. The reverberation will be soon seen as the pending demise of the defacto Petro-Dollar Standard, dictated by crude oil sales in USD terms. It will also be soon seen as the end of the USTBond as the global reserve standard in banking systems. Notice for over two years, the primary buyer of USGovt debt (and its refunded rollover) has been the US Federal Reserve via bond monetization, an absolute heresy to central banking. Hyper monetary inflation cannot stand as fixed policy. The world has responded by constructing an alternative to trade settlement. The forum has been the BRICS conferences and the G-20 Meetings of finance ministers. The US & UK will gradually be excluded from both forums, a process well along. Even traditional allies like Japan are buying gold in high volume, with suppressed lowball data so far. This is game over for the USDollar, the direct victim of Ukraine backlash. The war against Russia has been veiled, but the Jackass has exposed it.

VEILED ATTACKS AGAINST RUSSIAN GAZPROM

First was the attack against Russian Gazprom in Cyprus. It was a hidden attack made to look like a bank confiscation event. Notice no bank account confiscations outside the small but important island nation. The entire Russian banking clearance system had been done through Cyprus. Also, Russia was making significant transactions to purchase Gold bullion using Cyprus as clearing house for the purchases. Second was the attack against Russian Gazprom in Syria, another complicated event. The US had used the Libyan Embassy as a weapons running facility (major diplomatic violation), after which the US lost Egypt as a transfer station on the weapons running. The false flag attack in Syria was made to look like a chemical weapons event. However, the Saudis were the guilty party. The motive by the US was to block the advance of Russian Gazprom pipelines, which are to connect to the vast Iran supply centers. Iran has far more oil & gas than Iraq. In fact, Iran is the linchpin nation, which will throw its support toward Russia. Iran will push the Nat Gas Coop certain to eclipse Saudi Arabia and the loud gaggle of OPEC members. With the Russian Gazprom, together Iran and the Nat Gas Coop will usher in the Petro-Yuan Standard and bury the Petro-Dollar, the price set by Russia, the contracts set in Shanghai. Thus the Saudis will be expendable, and their Gold in London to be totally stolen.

Move to the present. Third was the attack against Russia Gazprom in Ukraine, done by the CIA and its partner security agents from the small ally nation on the SouthEast Med corner. The old game of destabilization, popular uprising, bank thefts, and now data files stolen has been put into action. The theft of significant funds in Ukraine has only started, funds gone to Swiss banks. The full betrayal will be seen soon. The US & UK have a lunatic plan to corral the Ukraine pipelines and possibly the vast farmlands of Ukraine. The wrong-footed plan will backfire, when Putin cuts off the natgas supply to Europe, when Putin demands a new type of energy supply payment structure, and when Putin engineers certain other steps. They might execute a Nat Gas Coop double in price, much like the OPEC event in 1973. Witness the upcoming Birth of the Eurasian Trade Zone, the birth pangs heard in Ukraine. The United States and Great Britain will not be included. The Eurasian Trade Zone will span 14 time zones and will settle in gold.

IRAN WORKAROUND AS KEY PROTOTYPE SOLUTION

The Anglo Americans have disrupted a key nation with longstanding historical and religious ties to Russia. The land of Ukraine also contains Russia’s only warm water naval port in the Crimea, the site of a recent suspicious earthquake. The response will be swift and firm. The Eastern nations (led by China & Russia) have been making detailed preparations in the last couple years to launch the alternative trade system founded in Gold Settlement. Its launch lacks a potential open door trigger, possibly offered by the Ukraine situation. The Gold Standard could return in a baptism by fire. The open door trigger appears to be the Western interventions into Ukraine, since the Western banking structures will not be permitted to collapse, the ugly reality. The abuse of the central bank monetary expansion and fraudulent bond redemption has gone totally out of control, forcing an endless cycle of alternative preparations and motivated reactions, including the Iran workaround with Turkey as intermediary in gold provision. Other attacks have taken place in the last few months against the Russian Ruble by Wall Street firms. The reaction will possibly be the launch of what could eventually be understood to be a gold-backed Ruble currency, combined with natgas cutoffs to Europe and USTBond dumps. At first it could be perceived as the oil-backed Ruble, but its quick hidden conversion to Gold bullion could be revealed later on. The USDollar will be discarded as obsolete, even toxic. The USDollar debt basis might be widely accepted to be the cause of the global financial crisis, and the USFed Quantitative Easing be widely understood to be the cause of the global financial collapse.

EUROPE AS KEY REGION TO TIP EASTWARD

Events inside Western Europe could unfold rapidly…….”

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UPDATE: It’s happened – China has suffered its first domestic corporate bond default as Chaori fails to meet interest payments on schedule and rather more surprisingly failed to receive a last-minute mysterious or otherwise bailout…

• *CITIC BANK WON’T HELP CHAORI MAKE INTEREST PAYMENT: 21ST HERALD
• *SHANGHAI CHAORI DEFAULTS ON BOND INTEREST PAYMENTS, WSJ SAYS

But hey don’t sweat it, Moody’s think it’s great news…

• *MOODY’S: DEFAULT BY CHAORI SOLAR WOULD ADVANCE CHINA’S BOND MKT

Maybe tell the issuers that couldn’t get their deals off today!!!

Of course what they mean is – maybe the market will finally start pricing in some real risk…

“Over the past few years, municipal governments and banks in China have stepped in to help distressed companies meet their bond payment obligations. These bailouts have led some investors to overlook the fundamental credit risks in bonds,” says Ivan Chung, a Moody’s Vice President and Senior Credit Officer.

 

…

 

“A default would likely make investors recalibrate their risk-return consideration for onshore bonds. Credit risk would play a more important role in pricing, thereby making the bond market more efficient in the allocation of capital,” adds Chung.

Chinese stocks are not happy

Wondering who’s next? We explained here…

and there are a lot to come…

As Bank of America reports in an analysis by David Cui, the Trust defaults are about to get hot and heavy….”

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“MOSCOW—Russia’s upper house of parliament will support Crimea in its bid to join the Russian Federation, the speaker of the upper house of parliament said Friday.

“If the people of Crimea decide to join Russia in the referendum, we, as the upper house, will certainly support this decision,” Valentina Matvienko said at a meeting with Vladimir Konstantinov, his counterpart in the Crimean parliament.

A delegation from the Crimean peninsula were in Moscow to meet parliamentarians who warmly welcomed the guests and signaled their willingness to support the neighboring region.

Later Friday a group of military and civilian personnel from the Organization for Security and Cooperation in Europe are making another attempt to enter the Crimean peninsula, after being stopped at two border checkpoints the day before, a spokesman for the organization said.

“The group is on their way from Kherson, where they spent the night, and is heading to a checkpoint in the area of a village called Chungar,” Shiv Sharma said, adding that the group of about 40 people is scheduled to arrive around 1330 local time (1130 GMT).

The group, from 22 of the OSCE member states, is traveling to Crimea to assess the situation on Ukraine’s Black Sea peninsula from a military perspective…..”

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“The current crisis is not about Crimea. It is about the rights of Russian-speakers throughout Ukraine whom the Kremlin wants to protect from violence and discrimination. Russia does not want a military intervention in Crimea and does not want to take Crimea from Ukraine.

There is a political solution to this crisis. First, create a coalition government in Kiev composed of all parties, including those from the east and south of the country. The current government is dominated by anti-Russian extremists from western Ukraine.

Second, Ukraine needs to draft a democratic constitution that has guarantees for Ukraine’s Russian-speaking population that would grant official status to the Russian language and establish the principle of federalism.

Third, presidential and parliamentary elections must be held soon. Independent election observers must play an active role in ensuring that the elections are free and fair. There is a real danger that they will be manipulated by the neo-Nazi militants who de facto seized power in a coup.

If these democratic and peaceful solutions to the crisis in Ukraine are rejected by the opposition forces that have seized power in Kiev, I am afraid that Russia will have no other choice but to revert to military means. If the junta leaders want to avoid war, they need to adopt Moscow’s peaceful and democratic proposals and adhere to them.

Those currently in power in Kiev are carrying out a political strategy that is not so much pro-European as it is anti-Russian, as evidenced by the surprisingly heavy-handed tactics the U.S. and European Union  have employed in Ukraine. In the end, a minority executed a violent coup that removed the democratically elected and legitimate president of Ukraine.

The Kremlin believes that the current Ukrainian leadership will manipulate the elections planned for May 25 to install a single leader or coalition government functioning much as former Georgian President Mikheil Saakashvili did in Tbilisi. A “Ukrainian Saakashvili” will unleash an even more repressive campaign of intimidation against Russian-speakers, one that over several years would stoke anti-Russia hysteria among the general population.

After that, Kiev may evict Russia’s Black Sea Fleet from Sevastopol and purge Crimea of any Russian influence. Ukraine could easily become a radicalized, anti-Russian state, at which point Kiev will fabricate a pretext to justify taking subversive action against Moscow. This looks especially likely considering that ruling coalition members from the neo-fascist Svoboda and Right Sector parties have already made territorial claims against Russia. They could easily send their army of activists to Russia to join local separatists and foment rebellion in the North Caucasus and other unstable regions in Russia. In addition, Russia’s opposition movement will surely want to use the successful experience and technology of the Euromaidan protests and, with the help and financial support of the West, try to carry out their own revolution in Moscow. The goal: to remove President Vladimir Putin from power and install a puppet leadership that will sell Russia’s strategic interests out to the West in the same way former President Boris Yeltsin did in the 1990s.

The official census puts the Russian minority in Ukraine at 16 percent of the total population, although that number was falsified. The actual number is closer to 25 percent. Surveys indicate that 45 percent of the country’s population speak Russian at home, 45 percent speak Ukrainian and 10 percent speak both languages. In the most recent Gallup survey….”

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