The Washington Post is one of the most amusing satire news outlets in the US. Their latest attempt at humor is particularly hilarious: the reporter expresses surprise that JP Morgan is ’suddenly’ coming to Washington, DC, to muscle Congress and the President! Quick, someone resurrect President Wilson and tell him that JP Morgan never muscled American Presidents! Also, JP Morgan is muscling international organizations to bail it out of the trillions of derivative contracts these pirates hold! And speaking of trillions of dollars, the Dragon of China is spitting fire over the tire tariffs.
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
This has to take the cake as the stupidest story ever, in the Washington Post:
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
In Shift, Wall Street Goes to Washington – washingtonpost.com
J.P. Morgan Chase for the first time convened its board in Washington this summer, calling the directors to a meeting at the downtown Hay-Adams hotel, then dispatching them to Capitol Hill for meet-and-greets. .
Last month, a firm run by the billionaire investor Wilbur Ross hired the head of Washington’s top mortgage regulator to pick through the wreckage of the housing bust looking for bargains. .
And the world’s largest bond fund, Pimco, which has traditionally assessed the risk of any new investment according to five financial criteria, recently added one more: the impact of any change in federal policy.
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
The #1 donor in US elections, overall, is the financial gnome community. The #1 pusher for laws that benefit themselves happens to be…the investment banking gnomes and their buddies. The #1 recipient in US government financial bail out aid has been… these very same creatures! Who would have guessed?
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
Not the Washington Post reporters! All the reporter had to do was google J. P. Morgan. Here is a cartoon 100 years ago, showing JP rowing Uncle Sam, who is tiny compared to the corporate giant:
In 1895, at the depths of the Panic of 1893, the Federal Treasury was nearly out of gold. President Grover Cleveland arranged for Morgan to create a private syndicate on Wall Street to supply the U.S. Treasury with $65 million in gold, half of it from Europe, to float a bond issue that restored the treasury surplus of $100 million. The episode saved the Treasury but hurt Cleveland with the agrarian wing of his Democratic party and became an issue in the election of 1896, when banks came under withering attack from William Jennings Bryan. Morgan and Wall Street bankers donated heavily to Republican William McKinley, who was elected in 1896 and reelected in 1900 on a gold standard platform.[6]
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
Of course, the Washington Post has to pretend to be surprised that JP Morgan’s gang of pirates had to meet this summer in Washington because they were supposedly babes in the woods, not pirates accustomed to Washington crawling the them for money and power. The fitful and feeble attempts at propaganda is typical when it comes to economic reportage. That is, when writing a comprehensive, intelligent explanation as to how our government operates in the shadow of these powerful bankers. The true power of these bankers has to be obscured.
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
But this is just clumsy propaganda. Anyone reading this story will instantly feel a wave of rage. This is because even ill-informed people know that the bankers run things. The multi-trillion dollar bail outs of these clowns who destroyed international and national banking is obvious to the average American. And now, these same guys are collecting their multi-billion dollar bonuses just one year after stealing immense sums of US government credit.
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
We are in the hole due to this transfer of credit. These same JP Morganesque gnomes sucked down much of our future value to recapitalize their privately owned banks! And we should never forget it. JP Morgan and the others are now being much more obvious, installing themselves directly inside of our government, so they can keep access to this credit.
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
And even then, this story is insanely stupid. JP Morgan and Goldman Sachs both fill many government positions as well as elected offices! They ARE our government and the door between their boardrooms and our government spins like a top.
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
Central Banks Must Coordinate Clearinghouse Oversight, BIS Says – Bloomberg.com
Central banks should coordinate global oversight of derivatives clearinghouses and consider offering them access to emergency funds to limit systemic risk, according to the Bank for International Settlements. .
Regulators are pushing for much of the $592 trillion market in over-the-counter derivatives trades to be moved to clearinghouses which act as the buyer to every seller and seller to every buyer, reducing the risk to the financial system from defaults. The drive was spurred by the collapse of Lehman Brothers Holdings Inc. and the rescue of American International Group Inc., two of the biggest credit-default swaps traders. .
“The crisis has exposed the need for international coordination of the oversight of systemically important” clearinghouses, BIS analysts Stephen Cecchetti, Jacob Gyntelberg and Marc Hollanders wrote in a report published today. An important and unresolved question is whether clearinghouses “should have access to central bank credit facilities and, if so, when,” they wrote.
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
The US cannot bankroll the Derivatives Beast. This creature is bigger than anything on earth. Despite destroying world finances, it is very much alive and well and has even resumed growing again. And this is because the pirates and gnomes make immense profits off of this fake system. So they won’t stop. It has to be outlawed. Instead, they are demanding our collective central banks bankroll these stupid, illicit deals!
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
This is why the Bernanke helicopter drop that mostly dropped trillions into the laps of the privateers, was so stupid and deadly. JP Morgan and Goldman Sachs would be dead today if they weren’t bailed out. Instead, they are bigger and nastier than ever. And pushing to take over all financial systems and redirect all sovereign wealth that isn’t held by the Chinese, into their own pockets.
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
Another reason why China will eventually run everything. JP Morgan and Goldman Sachs produce nothing but debt. China is a major industrial production entity.
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
Unite against tire tariff hike, exporters urged _English_Xinhua
New Building in China in the shape of an octopus
Fan Rende was so angry on Saturday he skipped breakfast, lunch and dinner to work on a petition to United States President Barack Obama in protest at the higher tariff placed on Chinese tire imports. The chairman of the China Rubber Industry Association was especially incensed as he feels the decision was made based on “bunch of lies”. “The new tariff will be highly damaging to China’s tire industry and may cause 100,000 Chinese tire workers to lose their jobs,” said an emotional Fan….
.
… Analysts also called for Chinese enterprises to unite against the US trade barriers and reduce their exports to the country. “Gradually, US companies will notice that trade barriers do them no good and will start seeking dialogue with their Chinese counterparts,” the chairman of an export company that won a lawsuit against a similar US effort told China Daily on condition of anonymity.
.
The tariff duties may also impact US importers of Chinese tires and US tire companies with tire production operations in China, said Hubert Tse, a Shanghai lawyer. There are 20 tire producers in China and four – Bridgestone/Firestone, Goodyear, Michelin and Cooper – are from the US, said Fan. Cooper already filed a complaint on the higher tariff with an open letter last month.
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
In the official Chinese news are a number of very angry articles about this feeble attempt at protectionism. The entire point of doing things like protecting us from our own corporate masters who are madly exporting our jobs, is to tackle the entire problem all at once, harshly and hard. Instead, doing it this pathetic, tiny baby step fashion simply unleashes maximum rage over small matters. If we are going into a trade war, we may as well do it whole heartedly.
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
China Weighs Tariffs on Some U.S. Exports as Tensions Rise – NYTimes.com
China unexpectedly ratcheted up pressure on the United States in a widening trade dispute on Sunday evening, taking steps toward imposing tariffs on American exports of automotive products and chicken meat in retaliation for President Obama’s decision late Friday to levy tariffs on tires….
.
HAHAHA. How was the Chinese reaction ‘unexpected’? I knew the Chinese would blow up and be extremely angry. Picking chicken meat in retaliation is funny as hell. This is an insult to the US. Shows what sort of economic clout we have over them.
. ….The Chinese government’s counter-move came at the end of a weekend in which Mr. Obama’s act triggered a crescendo of nationalistic vitriol against the United States on Internet sites in China. “The U.S. is shameless!!” said one posting, while another called on the Chinese government to sell its huge holdings of Treasury bonds….
.
National patriotism has been rising rapidly in China over the last 20 years. This is an extremely potent political force. US hopes that the Chinese people will hate their own country and love the US should be fading. Indeed, it is delusional. As China grows, the sense of patriotism will also grow.
. …For many years, American politicians have been able to take credit for standing up to Beijing by taking largely symbolic measures against imports from China in narrowly defined categories. But rising nationalism is making it harder for Chinese officials to gloss over American criticism so as to preserve an unbalanced trade relationship in which the United States buys $4.46 in Chinese goods for every $1 of American goods sold to China. .
“All kinds of policymaking, not just trade policy, is increasingly reactive to Internet opinion,” said Victor Shih, a Northwestern University specialist in economic policy formulation.
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
In the US, no one in our government pays the slightest attention to ‘internet opinion’. 99% of mainstream media pays no attention, too. Vast ideological wars wash over the internet with virtually no mention in the mainstream media except mostly negative commentary. It would be utterly hilarious if communist China, a virtual dictatorship, pays more attention to internet commentary! HAHAHA.
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
SONIC WEAPONS USED IN IRAQ POSITIONED AT CONGRESSIONAL TOWNHALL MEETINGS IN SAN DIEGO COUNTY | East County Magazine
“Long-range acoustic devices [LRADs] for crowd control can be extremely dangerous. These are used in Iraq to control insurgents. They can cause serious and lasting harm to humans…We want to know WHY our Sheriff Dept has this weapon,” Sal Magallanez of San Diego-based Liberty One Radio said in an e-mail sent to East County Magazine, prompting a joint investigation.
.The device was stationed by San Diego County Sheriff deputies at a recent town hall forum hosted by Congresswoman Susan Davis (D-San Diego) in Spring Valley and at a subsequent town hall with Congressman Darrell Issa (R-San Diego). The Davis Rally drew an estimated 1,300-1,500 people, including vocal conservative and liberal protest groups.
.A public records search conducted by East County Magazine has confirmed that the device is an LRAD 500-x manufactured by San Diego-based American Technology Corporation (ATC). Capable of use as an effective loudspeaker, the LRAD also has the ability to emit a deafening tone aimed at incapacitating and dispersing a crowd without use of lethal force.
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
Forget the internet: even showing up at Congressional meet and greets and being too noisy or difficult will lead to vicious retaliation! And we are supposed to look down on the Chinese system? HAHAHA. Maybe if we make lots of internet chatter about our stupid Congress, they will change…NEVER. No, they are arming themselves. I remember how this went during the Vietnam war. As we anti-war agitators got louder and louder, we were attacked more and more viciously. Finally, the government simply began shooting us dead or dropping toxic chemicals on our heads from helicopters. I experience both, first hand.
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
Judge chides CIA in secrets case | Antiwar Newswire
The CIA has argued that allowing the case to proceed would divulge classified information, but, in an opinion made public on Friday, Lamberth said there was no good reason to delay. .
In the suit, a former Drug Enforcement Administration agent claims the CIA illegally wiretapped his home when stationed in Rangoon, Burma in 1993. The agent, Richard Horn, said he became suspicious when he returned from a trip to find his government-issued rectangular coffee table had been replaced with a round one. .
The case has been a test of the Obama administration’s use of the so-called state secrets privilege, when the government seeks to block legal action by saying the details that would be revealed would harm national security.
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
HAHAHA. The CIA is spying on the DEA. Since the KGB died, the CIA had to play spy vs spy with someone! Why not with other US spies? What is particularly funny is how the CIA switched tables without noticing the difference in shapes. This is classic: the CIA hires idiots. This is because they need people who believe in the CIA and that is the pool which they fish for employees.
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
One thing the CIA does very, very well is lie. And these lies are stupid lies. This is why I find some of the endless misinformation on the internet so fascinating: it is stupid. But people believe it if the CIA tells them this is anti-CIA information. And this keeps enough people confused so 90% of what is really going on (endless messes and mix ups) is misunderstood or misinterpreted.
ΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩΩ
Obama is a fool if he falls for the fake story that the CIA needs secrets so they can operate better. They need to be hauled out into the open. 90% of these stupid secrets are known by anyone opposing the CIA in the real world. The only people fooled by the CIA secrets is Congress and the President.
Email:
emeinel@fairpoint.net
MAILING ADDRESS:
EMS NEWS
P.O. BOX 483
BERLIN, NY 12022
Make checks out to ‘Elaine Supkis’
CLICK HERE TO DONATE TO THIS WEBSITE
No comments:
Post a Comment