The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Monday, November 7, 2011

CME may have saved some MF Global investors but not all are immune to margin calls

The CME's Friday night, and later Saturday clarification of margin limits to MF Global accounts that were transferred to them after the primary dealer folded may have helped save some account holders who were transferred over to their institution, but it appears the other investors weren't so lucky.  Account holders who were summarily transferred to entities such as RJ O'Brien, are being forced into a margin call because of the lack of equity MF Global sent out for their customers to cover their accounts.

If you are a former MF Global account and you have your account transferred over to RJ O'Brien, or many others, you will have no choice but to fork out a bunch of cash to keep positions on, according to a statement awaiting all such accounts on the RJO website, or else be next in line for broad liquidations. To wit: "Former MF Global customers transferred to R.J. O’Brien were delivered with approximately 75% of the maintenance margin requirement related to their accounts. As a result, every former MF Global account faces a margin call. No excess equity was transferred." - Zerohedge
it is truly coming down to the point where paper investments not only aren't worth the paper they are printed on, but even holding it can end up costing you more than your investment.

Friday, November 4, 2011

The interconnected banking cartel: JP Morgan now claims to have MF Global's accounts

Ahhh... it's good to be part of the 1%.  Even when you allegedly steal from your customers, or commit a financial crime there is always another one of your 'buds' to swoop in and save the day.

Kind of like how Sandy Burger got away with taking classified information from a Federal building and was never prosecuted for it.

News has just come out that JP Morgan is now claiming they are 'holding' the money for the individual account holders that was allegedly used by MF Global and Jon Corzine to make purchases of Euro toxic assets.

Last week we heard of glitches which resulted in Germany finding $55.5 billion in missing "debt" and several billion in Irish debt. It was only a matter of time before MF Global also uncovered a "glitch"
  • MF ACCOUNT WITH $658.8M IN CLIENT FUNDS SAID TO BE AT JPMORGAN
  • MF GLOBAL'S MISSING CLIENT FUNDS SAID TO BE LOCATED AT JPMORGAN
Ignore the fact that MF admitted it had commingled and abused client funds. After all, the big boys take care of their own. And what is $660 million to JPM? Here's what - less than the taxpayer money profit the bank makes on one POMO. - Zerohedge

Now you know why the 1%ers can play by rules the common man has no ability to follow.  Steal $100, go to jail.  Steal $100 million and you receive a severance package.

Today's job reports are meaingless as the US needs to create more than 250,000 per month to break even

Today's job report of 90000 new jobs created, and the drop in the unemployment rate from 9.1% to 9.0 were simply fake window dressing that even the markets did not accept as good news (Dow opened up -70 points).  In fact, the birth/death adjustment ended up being more than the actual net jobs created, which tells you the Labor Department had to scramble to even make the report positive.

However, the underlying issue still remains the 9% unemployed, the 16% TRULY unemployed, and the dire fact that the US would need to create 262,500 jobs per month through 2016 just to get back even with December of 2007.

"Every few months we rerun an analysis of how many jobs the US economy has to generate to return to the unemployment rate as of December 2007 when the Great Financial Crisis started, by the end of Obama's potential second term in November 2016. This calculation takes into account the historical change in Payroll and includes the 90,000/month natural growth to the labor force, and extrapolates into the future. And every time we rerun this calculation, the number of jobs that has to be created to get back to baseline increases: First it was 245,500 in April, then 250,000 in June, then 254,000 in July [then 261,200 in October]. As of today, following the just announced "beat" of meager NFP expectations, this number has has just risen to an all time high 261,200 262,500. This means that unless that number of jobs is created each month for the next 5 years, America will have a higher unemployment rate in October 2016 than it did in December 2007. - Zerohedge



And there appears to be no question today on the floor of the exchanges of how meaningless today's job report is.  But to the American people, it is a another month of hopium and delerium that will make for a very disappointing Christmas season.

Jon Corzine resigns from MF Global: Does not pass go does not collect $12 million dollars

As the MF Global fraud and theft scandal continues to grow, the MF Global board of directors asked for, and received Jon Corzines resignation, to be made without a golden parachute and the earlier reported $12 Million dollar severance.

"The Board of Directors of MF Global Holdings Ltd. announced the resignation of Jon S. Corzine from all posts at MF Global. Mr. Corzine has confirmed that he will not seek severance payments in connection with his resignation. Edward L. Goldberg, the lead director of the Board of Directors, and Bradley I. Abelow, the Company¹s President and Chief Operating Officer, will continue in their current positions." - Zerohedge

Now the real question remains... will Obama's campaign contributor buddy ever be held criminally liable and face indictments for stealing accountholders money and using it to bets on toxic Euro bonds?

Good old liberal journalism as sharks seek to expand Herman Cain scandal

The scandal that is beginning to engulf Herman Cain is bringing out the journalists in droves.  Of course, the key thing to note is that the charges of sexual harrassment are against a Republican, and the hypocrisy of fairness is staggering.

News Busters has done an expose of the way the media has gone after Herman Cain and compared it to the coverage of not one, but three sexual harrassment scandals against Bill Clinton, and the results are nothing short of laughable.

Whether the evidence against Herman Cain is valid has yet to be determined, and if any or all is true, then of course he should be held accountable to explain to refute the allegations.  However, what is certain is that the media is nothing but a propaganda machine that self-determines which candidates are subject to negative scrutiny, and which ones are to be protected at all costs.

Wednesday, November 2, 2011

Calling Glen Beck: Did everyone see Goldline was a fraud except you in your promotions?

Numerous reviews of Goldline by consumers showed the company that used media mogul Glen Beck as their primary sponser was indicted today with 19 criminal counts.

A California-based precious metals seller Goldline International, promoted by pseudo-conservative talk radio hosts like Glenn Beck, was charged with 19 criminal counts on Tuesday by Santa Monica’s City Attorney’s Office.
Goldline was reportedly using aggressive telemarketing tactics employing highly questionable methods to pressure customers into buying overpriced coins as early as 2010 as revealed in a Mother Jones investigative report.
The report revealed that Goldline was pressuring customers into buying marked up coins on a regular basis which were so wildly overpriced that customers would likely never make their money back. - End the Lie

There are plenty of reputable gold, silver, and metals dealers out there, and buying something based on the endorsement of a celebrity (George Foreman excluded), doesn't always mean your interests will be looked out for.

Vaccines and Autism: Public loses trust in the CDC and other government agencies

For years, the FDA has blatently allowed Big Pharma to issue falsified studies of drugs and other pharmaceuticals that have been proven to be harmful or evasive to reach the markets for human consumption, and now you can add the CDC to that list.

http://internationalguy.wordpress.com/2011/08/16/more-on-the-conflict-of-interest-between-the-fda-and-big-pharma/

http://www.worldwidehealth.com/health-article-How-the-FDA-Big-Pharma-and-Doctors-Cause-Injury-for-Profit.html

http://www.alternet.org/world/152568/unregulated_clinical_trials,_exploitation,_and_profit%3A_how_the_fda_allows_big_pharma_to_exploit_the_poor_in_south_america?page=entire

In a shocking discovery through a Freedom of Information request, the Centers for Disease Control willfully and deliberately manipulated data from a study that shows the connection between vaccines and autism, and even after clarification requests, falsified the original study to push through the safety of child vaccines.

Deniers of the link between mercury-laden vaccines and autism are going to have a hard time denying the latest findings by the Coalition for Mercury-Free Drugs (CoMeD). The nonprofit group has obtained critical documents via a Freedom of Information Act (FOIA) request that exposes the US Center for Disease Control and Prevention's (CDC) role in deliberately lying about and manipulating a key Danish study that showed a clear link between vaccines containing mercury and autism.
According to the documents, CDC officials removed large amounts of data from the study that showed a decline in autism rates following the removal of Thimerosal. The agency then twisted the remaining data to imply an increase in autism rates following the removal of Thimerosal, and suggested that there was no link between Thimerosal and autism.
Upon submission of the CDC's tainted version of the study to Pediatrics, the study's authors contacted CDC officials to let them know that the agency had incorrectly interpreted the data. They tried to tell the CDC that its figures and conclusions were wrong, and that corrections needed to be made.
The CDC allegedly responded by saying that it would take a look at the incorrect data, but proceeded to submit the corrupted version of the study to Pediatrics anyway. After encouraging the editors of Pediatrics to perform an expedited review of the corrupted study, the CDC ended up convincing the journal to publish the fraudulent study, which it did in 2003. - Alliance for Natural Health
Simple logic and a few minutes of research can bring about great understanding to many of the lies and myths now part of the mainstream paradigm used to sell more drugs.  Along with the fact that autism and ADHD began to accelerate after 1972 when thermisol and mercury based vaccines were pushed onto the market and onto children, other illnesses such as skin cancer and breast cancer accelerated after the creation of aluminum based sunscreens in the 1950's, and synthetic birth control and hormones during the same era.

Market Ticker Forum joins protest against Wall street through Nov 2nd strike

Karl Denninger and the Market Ticker Forum are holding a one day strike on November 2nd to protest Wall Street and government regulatory corruption.  His website, which receives several thousand visitors per day, has shutdown updates and operations to promote a single message to the powers that be.


Interesting concept here... commit no taxable event today, which pretty much entails spending $0 dollars in the economy, could actually be a much better protest than a bunch of drug users and rapists camping in a park in the confines of Manhattan.

Tuesday, November 1, 2011

Occupy Wall Street Camp has become a drug infested crime ghetto

It had to happen eventually.  Unorganized people gathering in a park for long stretches of time with nothing more than a hatred for the success of others has now turned into a mob rules, drug infested camp where theft, drug use and even rape has become commonplace amongst the unwashed masses.

Interviews with some of the OWS crew have validated this, as seen in the video below.



Additionally, it has been reported that a handicapped deaf man was raped by members in the park.

Q: You said a deaf guy was raped?
 A: Yeah…
 Q: Did the guy, I mean, do these, did that get reported to the police, or did that stay inside the camp?
 A: Well, OK, I’m not sure for that particular incident. Yeah, no I-that might have stayed inside the camp. - Breitbart
It should come as no surprise, as the riots of the 1960's, 70's, and the Rodney King destruction brings out the worst form of human behavior when people come together to protest over materialism, not ideas.

Did Jon Corzine use MF Global as a Goldman Sachs Holding Company?

Commodities broker Ann Barnhardt (yes, the one of the pink assault rifle fame) laid out a scenario on October 31st that intimates that Jon Corzine may have used MF Global as a hedge fund to help profit Goldman Sachs at the expense of their account holders.

4. Speaking of Corzine, more info is coming out in the bankruptcy filings. First, Corzine stands to reap a $12.1 million severance package / golden parachute per the bankruptcy filing. But that isn't the worst. Corzine was hired by MF less than two years ago. He promptly went about loading the company up on European bonds. That in and of itself is damning enough. Remember, Corzine is Goldman Sachs. He knew EXACTLY what was going on in Europe and he knew that European paper was junk. But guess which European countries he loaded up on? Greece, Portugal, Italy and Ireland. The four little PIIGs. Corzine intentionally drove MF into the ground so that someone, and my money is on Goldman Sachs, could come in and buy the remains for 30 cents on the dollar or less. Watch the news. Watch and see who ends up buying the remnants of MF. If it isn't Goldman outright, I'll bet it is a "holding company" that is tied to Goldman. As an astute commenter over at ZeroHedge.com said last night, it looks like Corzine never really stopped working for Goldman. He just moved his office into MF Global's suite. - TFMetalsReport

Corzine's track record for leadership is abysmal.  Not only was a Goldman man from the beginning, but his tenure as Govenor of New Jersey helped bankrupt the state, and now, just two years into being employed by MF Global, the institution is itself bankrupt, and it appears that massive foul play may be involved with hundreds of millions of dollars in customer accounts simply disappearing.