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Joined Nov 11, 2007
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United States is No Longer Home to World’s Richest Middle Class

“The US middle class, long a symbol of the nation’s economic might and proof that the “American Dream” was more than just a dream, is no longer the world’s wealthiest.

Citizens of other advanced nations have received “considerably larger raises” over the past 30 years, with after-tax middle class incomes in Canada, which lagged substantially behind the US in 2000, now surpassing those south of the border, the New York Times reports. Also, poor individuals in much of Europe are now earning more than poor Americans.

Although US economic growth equals or surpasses that of most other nations, a smaller percentage of American households are enjoying the benefits. In 2010, median Canadian income caught up to the US, at approximately $18,700. It has since very likely surpassed it, based on continuing trends. Median household income in Western Europe still lags behind Canada and the US, with nations such as Britain, the Netherlands and Sweden fast closing the gap.

In European nations suffering economic crises, like Greece and Portugal, incomes have fallen dramatically in recent years.

But poor Americans are faring worse than the poor in most of Europe, the researchers found. An American family at the 20th percentile of income distribution earns much less than a similar family in Canada, Norway, Sweden, Finland or the Netherlands. In 1979, the opposite was true.

“The idea that the median American has so much more income than the middle class in all other parts of the world is not true these days,” Harvard University economist Lawrence Katz told the Times. “In 1960, we were massively richer than anyone else. In 1980, we were richer. In the 1990s, we were still richer.”

The Times figures, which are based on surveys conducted over the past 35 years, compared incomes in 20 nations. The research was carried out by LIS, which publishes the Luxembourg Income Study Database. Researchers from LIS and the Graduate Center of the City University of New York collected data on household income in the surveyed nations. Sample sizes ranged from 5,000 to 120,000 households.

The researchers found three main factors influencing the decline of the US middle class.

-Educational attainment has risen much more slowly in the United States than in much of the developed world over the past 30 years, making it more difficult for the US economy to retain highly skilled, higher-paying jobs.

-Income inequality is much more pronounced in the United States. The American middle and lower class enjoy a smaller slice of the proverbial income “pie.” Corporate executives reap a much larger share of that “pie” in the United States than in other advanced nations, the minimum wage is lower in the US and labor unions are weaker. Raises are also lower for middle and lower class Americans, even as executive bonuses soar to record amounts. Meanwhile, the rich pay lower taxes in the United States, allowing them to keep — and invest — more of their income….”

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Real Gangsters Run the World, FUCK WHAT YOU BELIEVE

“Suppressed Details of 9/11 Criminal Insider Trading lead directly into the CIA`s Highest Ranks

CIA Executive Director “Buzzy” Krongard managed Firm that handled “put” Options on UAL

by Michael C. Ruppert

FTW Publications, 9 October 2001, Centre for Research on Globalisation, globalresearch.ca, 20 October 2001

Although uniformly ignored by the mainstream U.S. media, there is abundant and clear evidence that a number of transactions in financial markets indicated specific (criminal) foreknowledge of the September 11 attacks on the World Trade Center and the Pentagon. That evidence also demonstrates that, in the case of at least one of these trades — which has left a $2.5 million prize unclaimed — the firm used to place the “put options” on United Airlines stock was, until 1998, managed by the man who is now in the number three Executive Director position at the Central Intelligence Agency. Until 1997 A.B. “Buzzy” Krongard had been Chairman of the investment bank A.B. Brown. A.B. Brown was acquired by Banker’s Trust in 1997. Krongard then became, as part of the merger, Vice Chairman of Banker’s Trust-AB Brown, one of 20 major U.S. banks named by Senator Carl Levin this year as being connected to money laundering. Krongard’s last position at Banker’s Trust (BT) was to oversee “private client relations.” In this capacity he had direct hands-on relations with some of the wealthiest people in the world in a kind of specialized banking operation that has been identified by the U.S. Senate and other investigators as being closely connected to the laundering of drug money.

Krongard (re?) joined the CIA in 1998 as counsel to CIA Director George Tenet. He was promoted to CIA Executive Director by President Bush in March of this year. BT was acquired by Deutsche Bank in 1999. The combined firm is the single largest bank in Europe. And, as we shall see, Deutsche Bank played several key roles in events connected to the September 11 attacks.

The Scope of Known Insider Trading

Before looking further into these relationships it is necessary to look at the insider trading information that is being ignored by Reuters, The New York Times and other mass media. It is well documented that the CIA has long monitored such trades – in real time – as potential warnings of terrorist attacks and other economic moves contrary to U.S. interests. Previous stories in FTW have specifically highlighted the use of Promis software to monitor such trades.

It is necessary to understand only two key financial terms to understand the significance of these trades. “Selling Short” is the borrowing of stock, selling it at current market prices, but not being required to actually produce the stock for some time. If the stock falls precipitously after the short contract is entered, the seller can then fulfill the contract by buying the stock after the price has fallen and complete the contract at the pre-crash price. These contracts often have a window of as long as four months. “Put Options,” purchased at nominal prices of, for example, $1.00 per share, are sold in blocks of 100 shares. If exercised, they give the holder the option of selling selected stocks at a future date at a price set when the contract is issued. Thus, for an investment of $10,000 it might be possible to tie up 10,000 shares of United or American Airlines at $100 per share, and the seller of the option is then obligated to buy them if the option is executed. If the stock has fallen to $50 when the contract matures, the holder of the option can purchase the shares for $50 and immediately sell them for $100 – regardless of where the market then stands.

A “call option” is the reverse of a put option, which is, in effect, a derivatives bet that the stock price will go up.

A September 21 story by the Israeli Herzliyya International Policy Institute for Counterterrorism, entitled “Black Tuesday: The World’s Largest Insider Trading Scam?” documented the following trades connected to the September 11 attacks:

  • Between September 6 and 7, the Chicago Board Options Exchange saw purchases of 4,744 put options on United Airlines, but only 396 call options… Assuming that 4,000 of the options were bought by people with advance knowledge of the imminent attacks, these “insiders” would have profited by almost $5 million.
  • On September 10, 4,516 put options on American Airlines were bought on the Chicago exchange, compared to only 748 calls. Again, there was no news at that point to justify this imbalance;… Again, assuming that 4,000 of these options trades represent “insiders,” they would represent a gain of about $4 million.
  • [The levels of put options purchased above were more than six times higher than normal.]
  • No similar trading in other airlines occurred on the Chicago exchange in the days immediately preceding Black Tuesday.
  • Morgan Stanley Dean Witter & Co., which occupied 22 floors of the World Trade Center, saw 2,157 of its October $45 put options bought in the three trading days before Black Tuesday; this compares to an average of 27 contracts per day before September 6. Morgan Stanley’s share price fell from $48.90 to $42.50 in the aftermath of the attacks. Assuming that 2,000 of these options contracts were bought based upon knowledge of the approaching attacks, their purchasers could have profited by at least $1.2 million.
  • Merrill Lynch & Co., which occupied 22 floors of the World Trade Center, saw 12,215 October $45 put options bought in the four trading days before the attacks; the previous average volume in those shares had been 252 contracts per day [a 1200% increase!]. When trading resumed, Merrill’s shares fell from $46.88 to $41.50; assuming that 11,000 option contracts were bought by “insiders,” their profit would have been about $5.5 million.
  • European regulators are examining trades in Germany’s Munich Re, Switzerland’s Swiss Re, and AXA of France, all major reinsurers with exposure to the Black Tuesday disaster. [FTW Note: AXA also owns more than 25% of American Airlines stock making the attacks a “double whammy” for them.]

On September 29, 2001 – in a vital story that has gone unnoticed by the major media – the San Francisco Chronicle reported, “Investors have yet to collect more than $2.5 million in profits they made trading options in the stock of United Airlines before the Sept. 11, terrorist attacks, according to a source familiar with the trades and market data.

“The uncollected money raises suspicions that the investors – whose identities and nationalities have not been made public – had advance knowledge of the strikes.” They don’t dare show up now. The suspension of trading for four days after the attacks made it impossible to cash-out quickly and claim the prize before investigators started looking.

“… October series options for UAL Corp. were purchased in highly unusual volumes three trading days before the terrorist attacks for a total outlay of $2,070; investors bought the option contracts, each representing 100 shares, for 90 cents each. [This represents 230,000 shares]. Those options are now selling at more than $12 each. There are still 2,313 so-called “put” options outstanding [valued at $2.77 million and representing 231,300 shares] according to the Options Clearinghouse Corp.”

“…The source familiar with the United trades identified Deutsche Bank Alex. Brown, the American investment banking arm of German giant Deutsche Bank, as the investment bank used to purchase at least some of these options…”

As reported in other news stories, Deutsche Bank was also the hub of insider trading activity connected to Munich Re. just before the attacks.

CIA, the Banks and the Brokers

Understanding the interrelationships between CIA and the banking and brokerage world is critical to grasping the already frightening implications of the above revelations. Let’s look at the history of CIA, Wall Street and the big banks by looking at some of the key players in CIA’s history. Clark Clifford – The National Security Act of 1947 was written by Clark Clifford, a Democratic Party powerhouse, former Secretary of Defense, and one-time advisor to President Harry Truman. In the 1980s, as Chairman of First American Bancshares, Clifford was instrumental in getting the corrupt CIA drug bank BCCI a license to operate on American shores. His profession: Wall Street lawyer and banker.

John Foster and Allen Dulles – These two brothers “designed” the CIA for Clifford. Both were active in intelligence operations during WW II. Allen Dulles was the U.S. Ambassador to Switzerland where he met frequently with Nazi leaders and looked after U.S. investments in Germany. John Foster went on to become Secretary of State under Dwight Eisenhower and Allen went on to serve as CIA Director under Eisenhower and was later fired by JFK. Their professions: partners in the most powerful – to this day – Wall Street law firm of Sullivan, Cromwell…..”

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[youtube://http://www.youtube.com/watch?v=MeE3-rOG7i4 450 300]

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2007 & 2014 Parallels

“The similarities between 2007 and 2014 continue to pile up.  As you are about to see, U.S. home sales fell dramatically throughout 2007 even as the mainstream media, our politicians andFederal Reserve Chairman Ben Bernankepromised us that everything was going to be just fine and that we definitely were not going to experience a recession.  Of course we remember precisely what followed.  It was the worst economic crisis since the days of the Great Depression.  And you know what they say – if we do not learn from history we are doomed to repeat it.  Just like seven years ago, the stock market has soared to all-time high after all-time high.  Just like seven years ago, the authorities are telling us that there is nothing to worry about.  Unfortunately, just like seven years ago, a housing bubble is imploding and another great economic crisis is rapidly approaching.

Posted below is a chart of existing home sales in the United States during 2007.  As you can see, existing home sales declined precipitously throughout the year…

Existing Home Sales 2007

Now look at this chart which shows what has happened to existing home sales in the United States in recent months.  If you compare the two charts, you will see that the numbers are eerily similar…

Existing Home Sales Today

New home sales are also following a similar pattern.  In fact, we just learned that new home sales have collapsed to an 8 month low

Sales of new single-family homes dropped sharply last month as severe winter weather and higher mortgage rates continued to slow the housing recovery.

New home sales fell 14.5% to a seasonally adjusted annual rate of 385,000, down from February’s revised pace of 449,000, the Census Bureau said.

Once again, this is so similar to what we witnessed back in 2007.  The following is a chart that shows how new home sales declined dramatically throughout that year…

New Home Sales 2007

And this chart shows what has happened to new homes sales during the past several months.  Sadly, we have never even gotten close to returning to the level that we were at back in 2007.  But even the modest “recovery” that we have experienced is now quickly unraveling…

New Home Sales Today

If history does repeat, then what we are witnessing right now is a very troubling sign for the months to come.  As you can see from this chart, new home sales usually start going down before a recession begins.

And don’t expect these housing numbers to rebound any time soon.  The demand for mortgages has dropped through the floor.  Just check out the following excerpt from a recent article by Michael Lombardi…”

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S&P 500 Profit Outlook is Looking Up

“Corporate America is letting the sun shine in on second-quarter profit outlooks, raising hope that the first quarter’s storms are past.

Second-quarter outlooks for S&P 500 companies so far are much more optimistic than the past two quarters. Fewer companies are cutting estimates and those that are reducing forecasts haven’t done so as aggressively as in the past.

As a result, the market has rebounded from its recent selloff. The Standard & Poor’s 500 Index has climbed 3.5 percent in the last eight trading sessions, leaving it less than 1 percent from its all-time closing high.

“The downward revisions for the second quarter right now are very, very mild,” said Nick Raich, chief executive officer of The Earnings Scout, an independent research firm specializing in earnings trends, in Cleveland.

“That’s the positive for this earnings season.”

Negative outlooks still outnumber positive ones for the second quarter, but at a ratio of 2.9 to 1, they are well below the 4.7-to-1 ratio at a similar point in the previous earnings period and the 7.8-to-1 ratio for the one before that, Thomson Reuters data showed.

Surprisingly strong results have come from many high-profile names, including Apple, Caterpillar, Netflix and United Technologies.

That’s offset what Wall Street had expected to be a lackluster first quarter. Estimates were slashed, heading into this earnings period as the unusually harsh winter hampered transportation, kept people out of stores and raised heating costs….”

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Will the FCC Destroy Net Neutrality?

“WASHINGTON — The principle that all Internet content should be treated equally as it flows through cables and pipes to consumers looks all but dead.

The Federal Communications Commission said on Wednesday that it would propose new rules that allow companies like Disney, Google or Netflix to pay Internet service providers like Comcast and Verizon for special, faster lanes to send video and other content to their customers.

The proposed changes would affect what is known as net neutrality — the idea that no providers of legal Internet content should face discrimination in providing offerings to consumers, and that users should have equal access to see any legal content they choose.

The proposal comes three months after a federal appeals court struck down, for the second time, agency rules intended to guarantee a free and open Internet.

Tom Wheeler, the F.C.C. chairman, defended the agency’s plans late Wednesday, saying speculation that the F.C.C. was “gutting the open Internet rule” is “flat out wrong.” Rather, he said, the new rules will provide for net neutrality along the lines of the appeals court’s decision.

Still, the regulations could radically reshape how Internet content is delivered to consumers. For example, if a gaming company cannot afford the fast track to players, customers could lose interest and its product could fail.

The rules are also likely to eventually raise prices as the likes of Disney and Netflix pass on to customers whatever they pay for the speedier lanes, which are the digital equivalent of an uncongested car pool lane on a busy freeway.

Consumer groups immediately attacked the proposal, saying that not only would costs rise, but also that big, rich companies with the money to pay large fees to Internet service providers would be favored over small start-ups with innovative business models — stifling the birth of the next Facebook or Twitter.

“If it goes forward, this capitulation will represent Washington at its worst,” said Todd O’Boyle, program director of Common Cause’s Media and Democracy Reform Initiative. “Americans were promised, and deserve, an Internet that is free of toll roads, fast lanes and censorship — corporate or governmental.”

If the new rules deliver anything less, he added, “that would be a betrayal.”

Mr. Wheeler rebuffed such criticism. “There is no ‘turnaround in policy,’ ” he said in a statement. “The same rules will apply to all Internet content. As with the original open Internet rules, and consistent with the court’s decision, behavior that harms consumers or competition will not be permitted.”

Broadband companies have pushed for the right to build special lanes. Verizon said during appeals court arguments that if it could make those kinds of deals, it would…..”

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Benghazi Citizens Commission: Attack Made With U.S.-Provided Arms

“A private study by military and security professionals has concluded that the Americans killed at the Benghazi embassy annex on September 11, 2012 were killed by rebels who had been supplied with weapons by the U.S. government.

The Interim Report by the “Citizens Commission on Benghazi” concluded that “the U.S. was fully aware of and facilitating the delivery of weapons to the al-Qa’eda-dominated rebel militias throughout the 2011 rebellion.” The group’s report stressed that “the key significance of this episode is the demonstration of a military chain-of-command relationship between the Libyan Muslim Brotherhood leadership of the TNC and the al-Qa’eda-affiliated militia (Ansar al-Shariah) that has been named responsible for the attack on the U.S. mission in Benghazi.” U.S. Ambassador to Libya Christopher Stevens and three other Americans were killed in an attack on a consulate annex maintained by the CIA on September 12, 2012.

The “Citizens’ Commission on Benghazi” was formed by the conservative Accuracy in Media organization in Washington, and staffed by 18 former high-ranking military and intelligence specialists for the U.S. government — most of whom held the rank of Colonel, Admiral, or General, or served in Special Forces…..”

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Ukranian Thugs Kill Pro Russian Armed Men in Slaviansk

“Ukrainian troops are moving in on what Reuters describes as “pro-Russian armed men” in the east Ukraine city of Slaviansk (here’s video). Ukraine’s Interior Ministry said its forces had killed “up to five” militants in the “anti-terrorist operation.”

“During the armed clash up to five terrorists were eliminated,” it said, adding that one person has been wounded on the side of government forces.

 

ukraineREUTERS/Gleb Garanich

Ukrainian security force officers walk past a checkpoint set on fire and left by pro-Russian separatists near Slaviansk April 24, 2014.

These are what some of the pro-Russian gunman look like in the city of 130,000….”

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Good News for the Global Economy as $CAT Crushes Earnings, Company Raises Guidance

“Global machinery giant Caterpillar earned $1.61 per share on an adjusted basis, which was much stronger than the $1.23 expected by analysts.

Management also raised earnings guidance. It now expects to earn $6.10 per share for the year, up from previous guidance of $5.85.

The stock is up 3.5% in pre-market trading.

“Given the business and economic uncertainties around the world and continuing decline in our mining sales, I am pleased with our performance in the first quarter,” said CEO Doug Oberhelman. “We understand we don’t control the economy and have instead focused on what we can improve.  We’re lowering costs, improving cash flow and driving value for our customers through the continued deployment of our lean manufacturing initiatives.  We see the benefits of these actions in our first-quarter results and in improving market position for many of our products.”

Caterpillar sells mining and construction equipment around the world, making it one of the better bellwethers of the global economy.

Here are some comments Oberhelman made about the global landscape in the context of the company’s guidance….”

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What is Patriotism ?

[youtube://http://www.youtube.com/watch?v=S0mLlFw0aGE 450 300]

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Game of Thrones Flares Up in the Ukraine

“It took Joe Biden just a day after his arrival in Kiev to kill and bury the last remaining hope that last week’s latest attempt at diplomatic de-escalation in Geneva would actually be anything more than a joke. A few hours ago, in a statement posted on the parliament website, Ukraine acting President Oleksandr Turchynov said that pro-Russian separatists have “crossed line” adding that East Ukraine is currently controlled by “terrorists” supported by Russia.

In other words, the same old song and dance.

Which is why this time Russia made it quite clear to issue a warning that the next time there is a provocation against its soldiers or, more importantly, against its people, those in East Ukraine to be specific, it would retaliate. Once again, Obama’s “costs” message is lost on Putin…

RT reported moments ago that “Russia will retaliate if it is attacked and the interests of the Russian people are threatened” citing Russian foreign minister Sergey Lavrov. He alleged the US has a hand in the current stand-off in Ukraine between the coup-appointed government and anti-Maidan activists….”

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Chairman of the CME Would Like to Fix Broken Stock Markets by Killing Dark Pools

 

Terrence Duffy, who as executive chairman of CME Group Inc. oversees the world’s largest futures exchange, has a solution for those seeking to fix the U.S. stock market: kill dark pools.

While all futures trades happen on exchanges such CME Group’s, only about 60 percent of American equity volume does. The rest takes place on venues including dark pools, where orders are hidden until transactions are completed. That hurts investors because it obscures the true price of stocks, Duffy said yesterday during an interview at Bloomberg News headquarters in New York.

“Fix the fragmentation issue, and you’ll fix the problem,” Duffy said. “We need to have 100 percent of that liquidity on exchanges.”

Duffy’s position aligns him with his biggest rival: Jeffrey Sprecher, the chief executive officer of IntercontinentalExchange Group Inc. Sprecher’s company, which like Chicago-based CME Group has its roots in futures, recently bought the New York Stock Exchange, giving it about 20 percent of the nation’s equities volume. NYSE and its rivals have lobbied the U.S. Securities and Exchange Commission to enact rules limiting the amount of trading on dark pools.

In Duffy’s idealized stock market, even though trades could still be distributed across multiple exchanges, dark pools and other off-exchange platforms would be eliminated. There are currently 13 stock exchanges, with ICE, Nasdaq OMX Group Inc. and Bats Global Markets Inc. the biggest operators. Beyond that, there are about 45 alternative trading systems, including dark pools.

Photographer: Scott Eells/Bloomberg

In CME Group Inc. Chairman Terrence Duffy’s idealized stock market, even though trades…Read More

More Concentrated….”

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China Factory Activity Shrinks for Fourth Month

“(Reuters) – China’s factory activity shrank for the fourth straight month in April, signaling economic weakness into the second quarter, a preliminary survey showed on Wednesday, although the pace of decline eased helped by policy steps to arrest the slowdown.

Analysts see initial signs of stabilization in the economy due to the government’s targeted measures to underpin growth, but believe more policy support may be needed as structural reforms put additional pressure on activity….”

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State of the Union: We Take Care of Our Own

“The Internal Revenue Service handed out $2.8 million in bonuses to employees with disciplinary issues—including more than $1 million to employees who didn’t pay their federal taxes, a watchdog report says.

The report by the Treasury Inspector General for Tax Administration said 1,146 IRS employees received bonuses within a year of substantiated federal tax compliance problems.

And the bonuses weren’t just monetary. Employees with tax problems received a total of 10,582 hours of paid time off—valued at about $250,000—and 69 received permanent raises through a step increase, the report said. The report looked at bonuses in 2011 and 2012….”

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The Ninth Circle: Rape, Murder, and Child Sacrifice

“Source: examiner.com

This article was based on today’s exclusive interview with Kevin Annett of the International Tribunal into Crimes of Church and State on this week’s litigation in the Brussels Common Law Court of Justice. Five judges and 27 jury members from six countries including the USA, considered evidence on over 50,000 missing Canadian, US, Argentine and European children who were suspected victims of an international child sacrificial cult referred to as the Ninth Circle.

Two adolescent women claimed that Pope Francis raped them while participating in child sacrifices. Eight eyewitnesses confirmed the allegations according to evidence presented this week at a Brussels Common Law Court of Justice. The Ninth Circle Satanic child sacrifice rituals were said to take place during the Springs of 2009 and 2010 in rural Holland and Belgium.

Pope Francis was also a perpetrator in satanic child sacrifice rites while acting as an Argentine priest and Bishop according to records obtained from the Vatican archives. A prominent Vatican official and former Vatican Curia employee obtained the sealed documents for use by the court. This was not the first time satanic activities were suspected to be at the Vatican according to this ABC news story.

 

Another witness was set to testify that they were present during Pope Francis’ meetings with the military Junta during Argentine’s 1970′s Dirty War. According to the witness, Pope Francis helped traffic children of missing political prisoners into an international child exploitation ring run by an office at the Vatican.

Evidence of a Catholic Jesuit Order document called the “Magisterial Privilege” was presented in court by the Chief Prosecutor. The record dated Dec. 25 1967 was said to show that every new Pope was required to participate in Ninth Circle Satanic ritual sacrifices of newborn children, including drinking their blood.

“Documents from Vatican secret archives presented to court clearly indicate that for centuries the Jesuits had a premeditated plan to ritually murder kidnapped newborn babies and then consume their blood,” the Chief Prosecutor told the five international judges and 27 jury members. “The plan was born of a twisted notion to derive spiritual power from the lifeblood of the innocent, thereby assuring political stability of the Papacy in Rome. These acts are not only genocidal but systemic and institutionalized in nature. Since at least 1773, they appear to have been performed by the Roman Catholic Church, Jesuits and every Pope.”

Two witnesses claimed that as children they were at child sacrifices with the former Pope Joseph Ratzinger. Since at least 1962 Ratzinger participated in child sacrifices as a member of the Knights of Darkness according to the Vatican records presented at court. Ratzinger was an S.S. Chaplain’s assistant at the German Ravensbruck Concentration Camp during World War II. The children to be killed were supplied from prisoners at the death camp. The Nazi Waffen S.S. Division Knights of Darkness was established by Hitler in 1933 and embraced ancient pagan occult beliefs in human sacrifice.

Dutch Therapist-ritual abuse survivor Toos Nijenhuis testified of her witness to child sacrifice in this video. “Survivors of these rituals describe newborn babies being chopped to pieces on stone altars and their remains consumed by participants” the Chief Prosecutor said.”During the 1960′s the survivor-witnesses were forced to rape and mutilate other children and then cut their throats with ceremonial daggers.”

According to witnesses Pope Francis, former Pope Joseph Ratzinger, Jesuit Superior General Adolfo Pachon and Anglican Archbishop of Canterbury Justin Welby were participants in the Ninth Circle Satanic child sacrifice cult rape and killing of children. Evidence also could link to cult ceremonies UK High Court Justice Judge Fulford, members of the British Royal Family including Prince Phillip, Dutch Cardinal Alfrink, Dutch Queen Wilhemina, her family and consort King Hendrick, Belgian Royals and Bilderberger founder Crown Prince Bernhard….”

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