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Hosea 4:6 My people are destroyed for lack of knowledge…

Archive for May 13th, 2009

Boosting The Dying Dollar With A False Rally

Posted by truthpills on 2009/05/13

Posted: May 9 2009
By Bob Chapman

Suckers rally sets up the unwinding of the market, Rally just like in 1933, wealth producers becoming impoverished, Fed officer busted for fraud, troubles in the Economy are far beyond fixing, interdependence of banks around the world expected to worsen economic problems

On Friday the dollar completely broke down, with the USDX collapsing to about 82.5, as monetizations by the Fed became a stark reality. A world stock market collapse could be imminent as a source of dollar support. We wonder how low they will let the dollar go before they collapse the stock markets to chase people back into US treasuries, which have also broken down, with treasury interest rates on the rise despite various Fed purchases of treasuries in the hundreds of billions. So much for the bogus stress tests as things turn much uglier than anticipated by the boneheads in Goldman Sachs South who are attempting to resurrect the Goldilocks Matrix. The suckers rally is simply the loading and winding of a catapult meant to throw the dollar upward as the stock market spring unwinds at the moment chosen by the PPT, which moment has already been telegraphed to Illuminist insiders for their continued looting of the sheople and for the filthy aggrandizement of their growing mountain of ill-gotten gains. The stock market shorts are being set up in the dark pools of liquidity beyond the purview of regulators as this article is being written, so if you plug yourself back into the pod electrodes of the Goldilocks Matrix again, you are in for a major shock.
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New York Fed: Most Powerful Financial Institution You’ve Never Heard Of

Posted by truthpills on 2009/05/13

Eliot Spitzer
Slate
May 12, 2009

The kerfuffle about current New York Federal Reserve Bank Chairman Stephen Friedman’s purchase of some Goldman stock while the Fed was involved in reviewing major decisions about Goldman’s future—well-covered by the Wall Street Journal here and here—raises a fundamental question about Wall Street’s corruption. Just as the millions in AIG bonuses obscured the much more significant issue of the $70 billion-plus in conduit payments authorized by the N.Y. Fed to AIG’s counterparties, the small issue of Friedman’s stock purchase raises very serious issues about the competence and composition of the Federal Reserve of New York, which is the most powerful financial institution most Americans know nothing about.
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You Tube Free Speech Purge Accelerates, Infowarrior Channel Banned

Posted by truthpills on 2009/05/13

Paul Joseph Watson
Prison Planet.com
Tuesday, May 12, 2009

You Tube accelerated its aggressive purge against free speech today after the video networking website suspended the Infowarrior Channel, which was the replacement for the previously censored Alex Jones Channel.

When attempting to visit the Infowarrior Channel this morning, one is met with the message, “This account is suspended.”

Just as before, no credible reason has been provided for the suspension of channel. The original Alex Jones Channel was suspended because You Tube claimed that showing a computer print out of a Pittsburgh Post-Gazette news article on camera constituted “copyright violation,” despite the fact that the Pittsburgh Post-Gazette denied ever making a copyright complaint.

The real reason for the censorship is of course You Tube’s move towards becoming nothing more than a corporate shell for big studio production companies. The company is hemmoraging money because its current format is not a sustainable business model. However, despite doing what any normal company would do in such a situation and accepting advertising, You Tube has decided to just hand over the direction of its whole content to corporate interests.
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