5/15/2012
Imagine a reboot to our financial system...
You can create the world you want to live in.It starts with imagination, dreaming, or visualizing what you want to see.You are an AMAZING creator!♥
Imagine a reboot to our financial system...
(taken from my FB page "Imagine Your Passion" where the power of thought becomes the power of creation)
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New Video from Bill Brockbrader and Lisa Harrison on Obama and the Cabal’s Fall
Lisa Harrison has released a new video May 14, 2012, of an interview held with Bill Brockbrader and Eva Moore on May 9. One focus of the video is whether President Obama serves the light or the dark. Lisa takes account of three points of view.
“There are people out there who are convinced that Obama is simply a shape-shifting part of the cabal and you’re not going to change their mind. There are people who’ve been on the fence about him for some time. And there are people who’ve been following channeled information for a long time who’ve been saying from the very beginning that he’s some kind of lightworker in the pit and he’s doing the work that’s necessary.”
Yep. That’d be about it.
The conversation ranges over the Looking Glass future predictions, timelines one and two, the collective consciousness, the fear of an NWO putsch, etc. I’ve only had time to watch a portion of it but wanted to release it to you regardless.
I do find it interesting that the whistleblowers and insiders who don’t have room in their theories, for example, for galactics and celestials are obliged to construct some interesting workarounds to explain the extent and directionality of what’s happening. Like the fact that Bill and Drake getting together shifts the collective consciousness, as Bill suggests here. No doubt that it does.
But how about the rising light energies on the planet? I think the rising energies are what are shifting and opening up the collective consciousness. How many actually watch the videos of Bill and Drake. A very small number.
However, some will hear the truth from whistleblowers and some will hear it from channeled sources. As long as we all wake up together and give the cabal a decisive shove, I suppose it doesn’t make much difference what brought us to the point of doing so. We’ll all sit down at the table together and toast the final result.
Nonetheless I continue to feel, as I have all along, that terrestrials could not have achieved the result of overthrowing the cabal without the contribution of the galactics. And, with the exception of David Wilcock, I don’t think many whistleblowers either know about that contribution or, if they do, give sufficiently weight to it in their analyses.
Thanks to Jaya for sending the video along.
Benjamin Fulford – Full Update – Major Purge Of US Puppets In Japan Continuing Behind The Scenes, Nato Terrorist State Group Being Cut Off – 14 May 2012
The top US criminal corporate government representative in Japan, Edward Nye, will no longer be welcome in Asia following the release of new information about his links to the March 11, 2011 nuclear and tsunami terror attack on Japan. He is believed to be the author of a February, 2000 CIA report on the Japanese energy sector that stated the following: “In order to prevent Japanese national power from becoming any stronger and to prevent a resurgence of anti-American feeling in Japan it is necessary to put hand-cuffs on Japan’s energy sector over the long term. Nuclear energy now accounts for 30% of Japan’s power production. The most effective counter measure would be to neutralize the main concentration of Japanese nuclear know-how, the Tokyo Electric Power Corporation. TEPCO has Japan’s largest market capitalization and it is a leader of Japan’s corporate and financial world. It is also very trusted by the Japanese people. To prevent Japan from becoming a nuclear power, it is necessary to destroy trust in TEPCO and drastically set back Japan’s progress in nuclear power.” This CIA report was quoted in the November 2002 issue of Zaikai Tenbo, a leading Japanese business magazine.
Many of the top Japanese and Korean agents working for the US corporate government in Japan have already been or are about to be purged and now all “Japan handlers,” working for the criminal corporate US mafia government are being advised to get out of Japan and never come back.
There was also a meeting last week between representatives of the committee of 300, the White Dragon Society and an Asian secret society last week to discuss the new financial system.At the meeting, the committee of 300 representative, who we will refer to as J., offered the White Dragon Society a 1200 trillion dollar “Elizabeth Victory Bond.” However, once again, it was not made clear exactly what real world stuff actually backed this astronomical number (remember world GDP is about $75 trillion). The White Dragon Society made a counter proposal which was for an initial donation of $100 million to the White Dragon Foundation to be used to hire experts to begin planning the establishment of a world economic planning agency. Further payments would be contingent on the presentation of detailed, publicly acceptable and concrete development plans.
There was also a lot of discussion about Asian gold stashes. J. claimed that most of the gold in the Philippines was removed after World War 2 and that since more than 50 years had passed the statute of limitations had run out and any claims to historical rights to that gold had thus expired.
There was some heated discussion between the 3 parties on the subject of Chinese gold that was evacuated to the US in 1938. The Kuomintang government of the time was given 60 year bonds backed by that gold and was given solemn promises the gold would be returned in 1998. In fact the Rockefellers, Warburgs, Rothschilds, Mellons, Morgans, Harrimans and other families behind the US Federal Reserve Board never intended to give the gold back. When Nixon restored US diplomatic relations with communist China in 1972, he gave a chunk of that gold to the Chinese communists. Needless to say a lot of mainland Chinese pockets were greased with that gold and the original owners are not too happy about that situation.
A Chinese communist government agent present at that meeting said the communist party considers all that historical gold and treasure in China to be property of the Chinese people. However, he said any Chinese gold taken out of China and deposited in Asia or elsewhere should be used for global economic development and that the Chinese communist government laid no claim on it.
There was thus a general agreement the gold should be used to back the new financial system. J. said the committee of 300 would also accept the use of that gold as a backing for any dollars or euros to be created in the future.
J. who claims links to the Japanese imperial family also had some interesting history to share. He said Japan’s share of the gold removed from the Philippines after WW2 was handled by a Mr. Shimura (no first name given) who was the real power behind post-war Japanese fixers like Yoshio Kodama and Ryoichi Sasagawa. The now deceased Shimura was able to call Prime Ministers and get them to immediately drop parliamentary business to hurry to his side, according to J.
J. was introduced to this writer by the head of a major financial institution who is also a member of an Asian secret society.
Shimura, who was the top committee of 300 representative in Japan, hosted, as students, such Asian leaders as Lee Kuan Yew, Aung San the father of Myanmar Western darling Aung San Suu Kyi, Japan Democratic Party power broker Ichiro Ozawa and Chinese politburo member Li Keqiang among others.
He also said Chinese paramount leader Hu Jintao had a Japanese mother and spent time at Japan’s Waseda University as a student (this is not mentioned in Hu’s official CV). Hu is fluent in Japanese, according to J.
Needless to say, we could not independently verify much of this information and remain wary of the possibility that J. provided this writer with a mix of information and disinformation. However, most of what he said fits in with reports from other inside sources and information available in the public record.In any case, the battle against the financial mafia that illegally seized power in the West is proceeding well.
The situation has reached the point where anybody with access to the internet can see that the G5 terrorist countries (the USA, Germany, France, England and Italy) and their shrinking group of slave states (like the Gulf of Arabia monarchies run by Satanists) are being steadily isolated.
The non-aligned movement that favors world peace now includes over 140 states including the BRICS (Brazil, Russia, India, China and South Africa). The war-mongering NATO group meeting in Chicago this week, by contrast, only includes 28 countries.
These 28 countries as a whole are dependent on financing from the other 140 nations. Jacking up the price of oil sold by NATOs middle-Eastern slave states is just not enough to pay the bills any more. Sabotaging Japan’s nuclear industry and forcing Japan to buy more oil has not been enough either. That is why there is this “world financial crisis,” which is really just a Western world financial crisis.
The whole world has a message to the criminal cabal of Satan worshipping oligarchs who enslaved the West: We want an end to war, an end to poverty and an end to environmental destruction. We also want you to release, in a safe and responsible manner, all the energy and other technology that you have been suppressing. We want you to stop behaving like criminals and become responsible global citizens.
Obama: JPMorgan Disaster Shows 'Why Wall Street Reform Is So Important'
President Barack Obama discussed JPMorgan Chase's $2 billion loss on Monday, saying the bank's massive failure proves why Wall Street reform is necessary.
"JPMorgan is one of the best-managed banks there is," Obama said during an interview on ABC's "The View", which will air on Tuesday. "Jamie Dimon, the head of it, is one of the smartest bankers we got, and they still lost $2 billion and counting."
Dimon, who appeared on NBC's "Meet The Press" Sunday, told host David Gregory he had been "dead wrong" to dismiss concerns about the banks questionable trades.
"We made a terrible, egregious mistake," Dimon said. "There's almost no excuse for it."
Obama said the bank's mistakes exemplified the reasoning behind his administration's Wall Street policies.
"We don't know all the details," Obama said. "It's going to be investigated, but this is why we passed Wall Street reform."
The president's comments came the day that Ina Drew, a top executive who worked for JPMorgan for three decades, announced her retirement. Drew supervised the trading desk responsible for the loss.
According to the president, if even a bank as well-managed as JPMorgan could make an error this glaring, other banks are susceptible to similar blunders.
"You could have a bank that isn't as strong, isn't as profitable, managing those same bets and we might have had to step in," Obama said. "That's why Wall Street reform is so important."
Obama's comments echoed those made by White House press secretary Jay Carney earlier on Monday. Speaking to reporters on Air Force One, Carney said JPMorgan Chase's loss proved that the reforms put in place after 2008's financial crisis were necessary.
"This is strong evidence that having these rules of the road in place are essential to making sure that taxpayers don’t get left holding the bag," Carney said. "We have to remain ever vigilant."
The president also told "The View" that Wall Street reform is a key area of distinction between him and presumptive GOP nominee Mitt Romney.
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Will JPMorgan's Loss Provide a Win for Wall Street Reform? Posted: 05/14/2012 10:30 pm
For public interest advocates fighting the David vs. Goliath battle to win meaningful reform of the financial system, there was a certain satisfaction in watching Jamie Dimon eat humble pie last week as he announced that JPMorgan has lost a little over $2 billion trading credit derivatives. After all, no one has been less apologetic for the role Wall Street played in triggering the 2008 financial meltdown that left millions of Americans jobless, cost millions more their homes, and brought the financial system to the brink of collapse. No one has been more dismissive of efforts to rein in the reckless bank practices that put the global economy at risk. And no one is accorded greater respect in the halls of power.
To his credit, Dimon has been nearly as caustic in his criticism of the bank's "egregious, self-inflicted" mistake as he has been in the past toward those, such as former Federal Reserve Bank Chairman Paul Volcker, who dared to disagree with him on policy issues. But even as Dimon acknowledged that the trading strategy behind the $2 billion loss "was flawed, complex, poorly reviewed, poorly executed and poorly monitored," he couldn't resist a dismissive reference to the "pundits" who would seek to capitalize on the news to make the case for tougher regulations to rein in the banks.
There is, of course, a very good reason why reform advocates would make that connection. The trading practices that led to the $2 billion-plus loss are at the heart of a number of the most contentious battles that banks are fighting, and all too often winning, to gut reform efforts. The question is whether JPMorgan's dramatic loss will be enough to change the terms of the debate.
- None of these battles has been more in the public eye than the fight over Volcker Rule implementation. So it should come as no surprise that Dimon was quick to state last week that the trading that led to the bank's $2 billion loss didn't involve the proprietary trading that the Volcker Rule is intended to ban. But what does and does not constitute proprietary trading is the number one question being debated as regulators struggle to implement this crucial reform. If a massive, complex gamble on the direction of the economy doesn't constitute proprietary trading under the Volcker Rule, the question for regulators drafting the rule is, "Why the heck not?"
Less in the public eye, but every bit as important to banks seeking to roll back reforms is the Lincoln Rule, a provision in Dodd-Frank that requires that risky practices, such as trading in uncleared swaps, be moved out of the insured bank and into separately capitalized affiliates. Banks fought hard to keep this provision out of Dodd-Frank, and they are now pushing legislation to drastically scale back this reform. As approved on a voice vote last month by the House Financial Services Committee, the bill would enable banks trading in all but a few types of swaps to keep their government backstop. (It is no small irony that the bill is titled the "Swaps Bailout Prevention Act," since it would have precisely the opposite effect.) Will the members of Congress who have been all too willing to renege on reform learn from JPMorgan's mistake and stop pushing bills to gut these crucial safety and soundness reforms?
In a further irony, it appears that the trading strategy that produced the $2 billion loss was part of the bank's risk management strategy. This distinction between trades designed to hedge risks and all other derivatives trading is an important one, since Dodd-Frank accords a lighter regulatory touch to risk hedging in a variety of different contexts, from the Lincoln rule, to determinations of who has to register as swaps dealers and major swaps participants, to end user clearing requirements. As part of their efforts to water down the rules, banks have sought a definition of risk hedging you could drive a truck through. The regulatory filing that disclosed the loss explained that the strategy JPMorgan had been using to hedge risks "has proven to be riskier, more volatile and less effective as an economic hedge than the firm previously believed." In other words, JPMorgan's risk hedging strategy sounds a lot like speculation. Will regulators take JPMorgan's misfortune as a timely reminder that a narrow definition of risk hedging is essential to keep banks from once again putting the financial system at risk? In leading the fight to fend off tough regulations, Dimon has argued not only that the regulations are misguided, but also that they are simply too costly. But, as Congressman Barney Frank pointed out in a news release last Friday, JPMorgan lost roughly five times as much in this one set of transactions as it has estimated its total annual cost of compliance with Dodd-Frank regulations to be. In other words, while regulation comes with a significant price tag, those costs pale beside the losses that banks can incur when left to their own devices. If the banks succeed in gutting regulations and winning passage of the many bills now moving through Congress that would blow a hole in financial reform, the cost is going to make $2 billion look like chump change. Will regulators take the hint that the cost-benefit fight is one they can win and stop cowering every time industry threatens to take them to court over a rule they don't like?
Right now, the fate of regulatory reform hangs in the balance. And, make no mistake about it, the banks are winning. Before we can reverse this dangerous trend, Congress and the regulators must recognize that the arguments that Dimon and his fellow Wall Street titans have put forward to justify their assault on Dodd-Frank are just as "flawed" as JPMorgan's costly hedging strategy. Given everything that is at stake, if JPMorgan's $2 billion trading loss provides that lesson, it will have been well worth the cost.
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