The Beginning Of The End
The Beginning Of The End By Michael T. Snyder - Kindle Version

The Prepper's Blueprint

The Mystery Of The Shemitah
Don't Buy Survival Food Until You Read This - If you stockpile the wrong foods, you could be setting your family up to starve. It sounds harsh, but the truth is too many people with good intentions are making critical mistakes with their food stockpiles. Watch this video now >>
Gold Buying Guide: Golden Eagle Coins

Recent Posts

Archives

They Actually Expect Us To Have Faith In These Financial Markets After This Week?

NASDAQ MarketSite TV studio - Photo by Luis Villa del CampoWhat in the world is happening to our financial markets?  Trading on the Nasdaq was halted on Thursday for more than 3 hours, and the only formal explanation that we got was that it was a “technical issue”.  On Tuesday, Goldman Sachs made thousands of “erroneous trades” that are now being canceled.  If those trades had not been canceled, it could have cost Goldman “hundreds of millions of dollars” according to the Wall Street Journal.  How nice for them that they get a “do over”.  When Knight Capital made a similar “trading error”, they were not so fortunate.  Our financial system has become completely and totally dependent on computers, and that means that it is extremely vulnerable.  After what we have witnessed this week, how can they actually expect us to have faith in these financial markets?  And what happens if these “technical issues” get even worse?

The stoppage on the Nasdaq on Thursday was unprecedented.  Trading in literally thousands of stocks and options was halted.  Big names like Apple, Netflix, Intel and Facebook were affected.

As of right now, officials are not telling us what caused the “technical issue”, but there are rumblings that hacking was involved.

And the Nasdaq would hardly be the first exchange to be hacked.  In fact, according to NBC News, about half of all the security exchanges around the world were hacked last year.

USA Today is suggesting that a group of Iranian hackers known as “Cyber Fighters of Izz ad-Din al-Qassam” may be responsible for what happened to the Nasdaq.  Apparently they have been quite active since last September…

The first wave of denial-of-service attacks attributed to the Cyber Fighters of Izz ad-Din al-Qassam began last September and lasted about six weeks. Knocked offline for various periods of time were Wells Fargo, U.S. Bank, Bank of America, JPMorgan Chase & Co. and PNC Bank.

The second wave commenced in December and lasted seven weeks, knocking out mid-tier banks and credit unions.

And a third wave of high-powered denial-of-service attacks commenced in March targeting credit card companies and financial brokerages.

But of course the Iranians have not been the only ones hacking financial institutions.  According to Gartner banking security analyst Avivah Litan, some “profit-minded hackers” have had quite a bit of success attacking U.S. banks…

More recently, a copycat group of profit-minded hackers has conducted denial-of-service attacks against certain U.S. banks as a smoke screen to divert attention while they execute an Ocean’s 11-style wire transfer fraud.

Litan earlier this month blogged about that caper. These bad guys, she says, set into motion sophisticated denial-of-service attacks that overwhelmed pretty sturdy bank network security. While tech staff labored manually to get the banks’ websites back into service, the crooks scrambled behind the scenes to extract funds from a bank employee’s privileged account, which they had gained access to.

Instead of getting into one customer account at a time, the criminals used the employee’s account to control the master payment switch for wire transfers, and moved as much money as they could from as many accounts as possible for as long as possible, Litan reports.

“Considerable financial damage has resulted from these attacks,” says Litan.

However, let’s certainly not blame all of the “technical issues” in the financial markets on hackers.  What happened to Goldman Sachs on Tuesday appears to be very much their own fault

A programming error at Goldman Sachs Group Inc. caused unintended stock-option orders to flood American exchanges this morning, roiling markets and shaking confidence in electronic trading infrastructure.

An internal system that Goldman Sachs uses to help prepare to meet market demand for equity options inadvertently produced orders with inaccurate price limits and sent them to exchanges, said a person familiar with the situation, who asked not to be named because the information is private. The size of the losses depends on which trades are canceled, the person said. Some have already been voided, data compiled by Bloomberg show.

Of course if those trades had made hundreds of millions of dollars for Goldman they would have been allowed to stand.

But because Goldman was about to lose hundreds of millions of dollars authorities worked very rapidly to start “breaking” those trades.

This is just another example that shows how much of a joke our financial system has become.

Wall Street has become a massive computerized casino, and at some point this fraudulent house of cards is going to come crashing down hard.

The seeds for all of this were planted back in the late 1990s.  The Glass-Steagall Act was repealed and the big banks started to go hog wild.

And according to an absolutely shocking memo uncovered by investigative reporter Greg Palast, a certain U.S. Treasury official was at the heart of the plot to make this possible…

When a little birdie dropped the End Game memo through my window, its content was so explosive, so sick and plain evil, I just couldn’t believe it.

The Memo confirmed every conspiracy freak’s fantasy: that in the late 1990s, the top US Treasury officials secretly conspired with a small cabal of banker big-shots to rip apart financial regulation across the planet. When you see 26.3 percent unemployment in Spain, desperation and hunger in Greece, riots in Indonesia and Detroit in bankruptcy, go back to this End Game memo, the genesis of the blood and tears.

The Treasury official playing the bankers’ secret End Game was Larry Summers. Today, Summers is Barack Obama’s leading choice for Chairman of the US Federal Reserve, the world’s central bank.

If Summers and U.S. Treasury Secretary Robert Rubin had not been working so hard for the benefit of the big banks, we might not be facing a quadrillion dollar derivatives bubble today…

The year was 1997. US Treasury Secretary Robert Rubin was pushing hard to de-regulate banks. That required, first, repeal of the Glass-Steagall Act to dismantle the barrier between commercial banks and investment banks. It was like replacing bank vaults with roulette wheels.

Second, the banks wanted the right to play a new high-risk game: “derivatives trading”. JP Morgan alone would soon carry $88 trillion of these pseudo-securities on its books as “assets”.

Deputy Treasury Secretary Summers (soon to replace Rubin as Secretary) body-blocked any attempt to control derivatives.

But what was the use of turning US banks into derivatives casinos if money would flee to nations with safer banking laws?

The answer conceived by the Big Bank Five: eliminate controls on banks in every nation on the planet — in one single move. It was as brilliant as it was insanely dangerous.

To learn more about how they used the WTO to transform the global financial system into a gigantic casino, head on over and read the rest of Palast’s outstanding article right here.

And you know what is truly frightening?

Larry Summers appears to be Barack Obama’s top choice to become the next chairman of the Federal Reserve.

That statement should send chills up your spine.

The truth is that Larry Summers should not even be running a Dairy Queen, much less the most powerful financial institution on the planet.

If Larry Summers becomes the next head of the Federal Reserve, it will be an unmitigated disaster.

But it looks like that is exactly what we are going to get.

We are rapidly heading toward the next major global financial crisis, and on top of everything else we will probably have Larry Summers running things soon.

What a nightmare.

  • MichaelfromTheEconomicCollapse

    The thought of Larry Summers as Fed Chairman is very depressing.

    Michael

    • GOM

      I second that emotion…….

      • cannuck21

        Depressing – very true. But perhaps it is simply part of God’s plan as we move closer to the end time?

        • Josh, Loyal9.org

          Well, in the meantime, we have the stewardship to stand up for right. God’s endtime will come in its time, but I’m not laying down or rolling out the red carpet for Armegeddon. Thank you, Michael, and all like-minded fighters here for bringing this darkness to light and bringing us together for solutions.

        • Hank Kingsley

          This ‘god’ doesn’t exist. It was invented by the elites to keep you distracted so you’d be content with less whilst they loot the treasury. Oldest game in the world.

          • seth datta

            They certainly believe in Luciferianism. I have met these guys in the uk so i know.

          • Hammerstrike

            So they are christians, just againt and not for.

          • patricia666

            My Uncle Logan recently got a stunning black Audi Q5 Hybrid by working part-time from a home computer… blog here w­w­w.K­E­P­2.c­o­m

          • Daystrom2012

            Psalm 53:1 The fool hath said in his heart, There is no God. Corrupt are they,
            and have done abominable iniquity: there is none that doeth good.

          • myrna652

            as Craig implied I’m shocked that people can earn $4488 in 1 month on the computer. More Bonuses w­w­w.J­A­M­20.c­o­m

    • Mondobeyondo

      Well, Summers isn’t exactly a shoo-in to be the next Fed Head, but he’s close enough to getting the job, that we can start getting goosebumps. And you thought Bernanke was bad!

      Yep, it would be the equivalent of Cap’n Crunch leading the financial ship of state. Yikes! Anyone want any Crunch Berries?

    • tom

      Janet Yellin isn’t much better….

    • squashpants

      So knowing what you do about Summers, what would you expect him to do once he becomes chairman? Especially regarding the QEs?

      • Tim

        It’s hard to say. Summers recently said that QE has had very little impact on the economy. So one would expect him to stop “easing.” But we know what would happen if he stopped. On the other hand, how much more can the Fed expand its balance sheet? There’s no way out. They’re just buying time. This is why the MSM is jerking us back and forth with “they’ll taper” one day and “easing will continue” the next. It’s all nonsense.

        • squashpants

          Thanks for that reply. Tim. It sure as hell looks like there is no way the Fed can turn to extricate themselves from the predicament they have created.

          • messianicdruid

            How about devalue the dodder by about 40%?

    • Carlos Danger

      Gerald Celente will go postal when he finds out.

      • John

        He’s a walking, talking turd. The Winklevoss twins should have snapped his neck when they had the chance.

        • Carlos Danger

          “a walking, talking turd”

          Fits the job skills description. A good fit I’d say. Grab the helm Larry! Ben is in the first life raft, before woman, children and the unemployed.

    • jaxon64

      Michael, you forgot one—May 6th, 2010…a trader supposedly entered “B”illion instead of “M” million on a stock sale. The market promptly dropped 1,000 points in an hour and had to be shut down.
      They called it “a fat finger error” but not likely since the B and M are a few spots apart on the keyboard.
      Conspiracy types believe it was a trial run to see what would happen–most likely just a mental snafu by someone ( after all, people are used to hearing astronomical numbers now)….
      It was eye-opening however. Shows you how quickly a meltdown could occur…

    • Excalibur

      End the Fed! Should be the conversation. As opposed to who is going to be the next criminal running it.

    • seth datta

      Shouldn’t that read ‘Larry Scammer’?

    • Life is a choice

      “The United States has been given the opportunity to be the teacher for the world, but much is expected of those to whom much has been given. The United States has been given more of everything than any country in the history of the world and it has failed to be generous with the gifts. If the United States continues to exploit the rest of the world by greedily consuming the world’s resources, the United States will have God’s blessing withdrawn. Your country will collapse economically which will result in civil chaos. Because of the greedy nature of the people, you will have people killing people for a cup of gasoline. The world will watch in horror as your country is obliterated by strife. The rest of the world will not intervene because they have been victims of your exploitation. They will welcome the annihilation of such selfish people. The United States must change immediately and become the teachers of goodness and generosity to the rest of the world. Today the United States is the primary merchant of war and the culture of violence that you export to the world. This will come to an end because you have the seeds of your own destruction within you. Either you will destroy yourselves or God will bring it to an end if there isn’t a change.” (Howard Storm)

      • jaxon64

        while much of what you say about the United States is true–you couldn’t be more wrong about the hearts and generosity of most Americans.
        We are -By Far- the largest donator of food and medicines to impoverished, famine and disease stricken nations in the world.
        When the Tsunami hit Indonesia?–the money raised by Individual Americans exceeded the TOTAL amount given by all other country’s governments in the world–this is fact.
        When Turkey had a devastating earthquake?–americans are there with supplies and thousands of rescue workers digging out trapped survivors.
        When Burma/myanmar had their devastating natural disasters? American govt and people raised BILLIONS for relief–even though we weren’t allowed to enter the country–that’s right, even though their govt continued with their anti-american ways, we sent aid to their people anyhow. How is that for setting an example to the world?
        Years before the Haiti quake–and continuing even now, American Christian organizations continue to aid the struggling people of Haiti. Long after the celebrities held their little “look how compassionate I am” benefit show–and long after other countries throughout Europe packed up and left, Americans are still on the ground and sending monthly donations for the care of our Haitian neighbors.( in fact, many American Christian organizations have been in Haiti for 50+ years–and all throughout Central America and Africa).
        I could continue to cite examples of not only American generosity but also american blood sacrifice for the world’s downtrodden. So please don’t confuse the evils of the American Central Bank and 2-headed Serpent of Govt with the hearts of the American people.

        • jaxon64

          PS: Some numbers to back my point– the last compilation of global charitable contributions by country:
          The US is #1 with 132.5 billion….and #2? Japan at 11.5 billion..
          Okay, let’s look at it per capits also….#1: US with $259 given per person..#2 is Israel with $202 per person
          Even with the weird factorization of “The World Giving Council”..the US has been #1 for years with 40+ % of the population actively giving to charity with Australia and New Zealand second for % of the pop who donate.
          This heart of giving for the American people is despite the fact that we “forcibly” give trillions each year to national social programs within our own country–including current workers paying for the medical caree and monthly checks for disabled and elderly ( you see, there is no existing SS or medicare accounts paying for it–current workers pay for these things also with no assurance that they will be there for them when they retire)..add 80 “entitlement” programs which by any other name are still charity…and you get the picture–Americans give and give and give…

      • Louise in MO

        You may site the fact that the USA has used too many of the world’s resources, you failed to mention that it has always been the USA that has won World War I and World War II. We sent hundred s of thousands of our men to fight and ,yes, to die for OTHERS.

        I’d like some of that perspective in your writing. This American hopes that we will NOT help in Syria, Egypt or anywhere else in the M.E. We made these countries rich by buying their oil. I’d rther pay double at the pump than lose ONE American soul for any of them!

  • seth datta

    The Rotrhschilds own 53% of the Federal Reserve and foment conflicts between the us/uk and foreign powers. Until we acknowledge that there are a bunch of sociopaths who are subverting our governments with their Luciferian ideals, we cannot then begin to contain their damage, never mind neutralise them on all fronts.

  • JG

    We live in dangerous times. Only to learn this has been going on for a long time.

    Really bad people are in charge and they have a lot of power.

    Anyone who can think knows this ends bad.

    I am keeping my eye on the 10-year treasury bond. As it gets towards 3-5% the markets will get strained.

    • Mondobeyondo

      “May you live in interesting times”…

      hmm, let’s go back to “dull and boring times”.

  • CleanUpWallStreet

    Let it all blow up. The sooner the better. That’s the only advantage for Larry Summers as chief money printer & friend of the one percent.

    • matt

      I agree the sooner the better. But at same time, its hard not to think that these games can last forever. Unbielable how many lies there can be. For the People,comical……I kno this is all old news

  • CleanUpWallStreet

    Let it all blow up. The sooner the better. That’s the only advantage for Larry Summers as chief money printer & friend of the one percent.

    • Donald Wilson

      My solution let it sink to the bottom of the ocean. Right next to the Titanic and the Bismarck ….good ridence.

  • Guest

    Where busy spying on everyone else ,NSA , DRONES , CIA and we can’t protect ourselves at home Go Figure .

    A.P.

    U.S. stocks rose on data showing improvement in global manufacturing and the American labor market amid a three-hour trading halt on the Nasdaq Stock Market after a computer error. WHAT !!!!!!!!

    “The employment numbers were encouraging and showed a continuation of slow growth in employment,” Paul Mangus, head of equity strategy and research for Wells Fargo Private Bank in Charlotte, North Carolina, said in a telephone interview. His firm manages $170 billion.

    WHAT ??????????

    Wells Fargo to cut 2,300 mortgage jobs as refinancing slows

    They are Convinced Most American are Outright
    Comatose !!!

    the end…

  • Guest

    Where busy spying on everyone else ,NSA , DRONES , CIA and we can’t protect ourselves at home Go Figure .

    A.P.

    U.S. stocks rose on data showing improvement in global manufacturing and the American labor market amid a three-hour trading halt on the Nasdaq Stock Market after a computer error. WHAT !!!!!!!!

    “The employment numbers were encouraging and showed a continuation of slow growth in employment,” Paul Mangus, head of equity strategy and research for Wells Fargo Private Bank in Charlotte, North Carolina, said in a telephone interview. His firm manages $170 billion.

    WHAT ??????????

    Wells Fargo to cut 2,300 mortgage jobs as refinancing slows

    And Now Disqus is down.

    They are Convinced Most American are Outright
    Comatose !!!

    the end…

  • Guest

    Where busy spying on everyone else ,NSA , DRONES , CIA and we can’t protect ourselves at home Go Figure .

    A.P.

    U.S. stocks rose on data showing improvement in global manufacturing and the American labor market amid a three-hour trading halt on the Nasdaq Stock Market after a computer error. WHAT !!!!!!!!

    “The employment numbers were encouraging and showed a continuation of slow growth in employment,” Paul Mangus, head of equity strategy and research for Wells Fargo Private Bank in Charlotte, North Carolina, said in a telephone interview. His firm manages $170 billion.

    WHAT ??????????

    Wells Fargo to cut 2,300 mortgage jobs as refinancing slows

    And Now Disqus is down.

    They are Convinced Most American are Outright
    Comatose !!!

    the end…

  • markthetruth

    Where busy spying on everyone else ,NSA , DRONES , CIA and we can’t protect ourselves at home Go Figure .

    Iran Hackers ? i thought where so worried about their Nukes ???

    A.P.

    U.S. stocks rose on data showing improvement in global manufacturing and the American labor market amid a three-hour trading halt on the Nasdaq Stock Market after a computer error. WHAT !!!!!!!!
    The only thing the Globe is Manufacturing is LIES, Distractions and TWEETS !!!

    “The employment numbers were encouraging and showed a continuation of slow growth in employment,” Paul Mangus, head of equity strategy and research for Wells Fargo Private Bank in Charlotte, North Carolina, said in a telephone interview. His firm manages $170 billion.
    WHAT ??????????
    Wells Fargo to cut 2,300 mortgage jobs as refinancing slows

    They are Convinced Most American are Outright
    Comatose !!!

    the end…

    • http://americandictators.blogspot.com/ WarriorClass III

      No, this is the end game. It no longer matters who’s awake.

      • markthetruth

        They still will try to extend the Good for them and the Misery For Us Until we Wake Up and Start Fighting for what our Forefathers Fought For.

        the end…

    • Orange Jean

      I would NOT underestimate the Iranians… despite a tendency to dress funny… there are some very smart cookies in the bunch.

      What has always kind of creeped me out… knowing there are a LOT of people originally from Iran, Pakistan, and Afghanistan who are civil engineers in charge of water in Southern CA.

      While I’m sure many of them are decent enough people… it seems it would be easy enough to hide a jihadist sleeper in that pile. (I only know about that bunch from when I used to have to get info from them when I was researching about water resources when I was an environmental planner back in Orange County, late 80s-early 90s).

      • markthetruth

        True, but i think we do a good job of poisoning our own waters .

        the end…

        • Orange Jean

          I was thinking more of NO water, than poisoned water. All the water in southern CA, pretty much comes from elsewhere via the CA aqueduct system… and an awful lot of people there.

          Before LA stole water from the farmers in Owens Valley … it was just a sleepy little town.

      • K

        Hello Jean. It is not just the sleepers, that are of concern. Most of those folks have a large number of family members, still back in their previous Country. A threat in the right place, could cause them to act in ways they otherwise might not. Water is bad, but the TVA has them working in nuke plants.

        • Orange Jean

          yikes… didn’t know that. And you are right about people acting unpredictably when they have close ties to another country.

      • Hammerstrike

        Never mind Islam, decent people would be the ones taking action when their homeland is under attack.

      • Gannojo

        That’s only because there is such a large Iranian population in Southern Ca. I know many families there through marriage to one of them. They are all capitalist Americans now and most have really done well compared to my family…

    • seth datta

      Obviously the NSA/GCHQ antics are all about maintaining a sureveillance ‘and punishment’ network against the populace, to be deployed now, but especially when things get bad. The elite know how they are going to end it, which is why they have speeded up their timetable and it shows. And yet many are still asleep – you can’t fix stupid.

      I still think they will not be able to maintain their power structure. I mean, only 3% of Americans won the war in 1776; we may be dumbed down, but I’m sure more than 3% today are up for a REAL change. The only problem is, technology is being used agianst us, giving them an advantage; also, we are scattered and therefore not organised enough. They fear this, and true leadership against them, the most.

  • Tosheba

    The system is rigged.

  • Josh

    Indeed the financial markets are very over valued. The United States already has the income inequality of third world countries soon we will have their living standards as well. As your articles always say we have a bumpy ride ahead, I only wish an exact timeframe were possible.

    • Donald Wilson

      SOON….

  • K

    As I have been saying, it is all part of the plan. So someone traced it back to 1997. You think it has been going on for 16 years. What if I told you it started far earlier. What if I told you the first two steps, in this little dance. 1. The U.S. had to go off the gold standard, they could have never pulled this off, if we had stayed on it. 2. Begin normalizing relations with Communist China. You see only China had the manpower, to de industrialise the U.S. Of course, that is just my opinion.

    • Orange Jean

      Unfortunately, sounds quite believable.

  • http://karmaeconomics.blogspot.com/ lavista4u

    We shouldn’t bother with elites drama……

    1. More than 90% of humanity on earth let alone in America does not own stocks.

    2. 90% of wall street stocks are owned by few families and rest by higher income groups which would not get effected even if the stocks plunge to zero.

    3. Wall Street is a structure designed to give our power away to these elites through the system of Money.

    4. For example….It would not matter to the elites if the currency pair EUR/USD falls or goes up….They control both Euro and Dollar…

    ****WARNING****

    Next month is Illuminati new year….They got planned big celebration aka more pain and suffering for human race….

    Its time for all of us to forgive and love even more our family and friends and sacrifice everything to serve another human being…

    Do not give your power away….You have incredible power inside you….These parasites do not want you to know how incredibly powerful being you are and distract you with these dramas…

    We can all achieve greater things in life…with or without wall street or money …they need us …We don’t need them…

    • roseof13

      Grow up.

      Illuminati New year next month? I guess you mean Rosh Hashana, the Jewish New Year- and I guess you mean that all Jews are Illuminati.

      Just because some powerful Jews are members of the Illuminati, as are many powerful non-Jews, does not mean Jews=Illuminati.

      That’s called scapegoating, and somehow the Jew always gets it.

      Grow up and face the evil that is in every person, around us in our societies and between us and stop projecting it on one group you dislike.

      • roseof13

        OK, I just read the whole article referenced above. The scheme was hatched by 10 named persons according to the Memo. Let’s take a look at them: Pascal Lamy, Timothy Geithner, John Corzine, David Coulter, John Reed, Walter Shipley, Larry Summers, Robert Rubin, David Kamanski.

        That’s right, the last three of the ten named are Jewish. That’s why the world is ruled by a Jewish banking conspiracy, not just a plain banking conspiracy brought on by greed and avarice in plain human beings.

      • BonusGift

        Who is ‘projecting’ here? No projection required (i.e., ignoring your projection), as facts are facts:
        1) Most of the media and financial firms are controlled by Jews.
        2) Summers is Jewish.
        3) Rubin is Jewish.
        4) Geithner is Jewish.
        5) Yellen is Jewish (i.e., all considered ‘contenders’ for the top Fed job are: I wonder why?).
        6) Jews seem incapable of blaming themselves for anything they do, even while they do it. Still waiting for the apology for Marxism and the 100 million killed directly and indirectly as a result of it over the last 100 years or so (and still overwhelmingly supported by Jews to this day).

        • MomOf3Boys

          The Jews are God’s chosen people, which means the rest of the world will always gang uo on them. This also means part of the plan is pretending to be “Jewish” and doing awful things, in order to have the Jews blamed (see YouTube videos “Know Your Enemy”)… just saying, food for thought!

          • Dee R

            no need to pretend they show that they are ashkenazi

          • I feel Offended

            I don’t give a seagull who these people are..these people should live on another planet and let us live in peace!

          • Dee R

            “they are gods chosen people?” You must be a jew to make a narcissistic statement like that, rendering your comment null and void!

          • MomOf3Boys

            You’re retarded, I’m not jewish, I’m a Christian actually. And you just made my point!

          • Dee R

            The person with an IQ of a peanut calling me retarded how funny. Who is the Jew butt licker here? Calling them Gods chosen people!

          • MomOf3Boys

            Ewww, go wash your mouth out.

          • I feel Offended

            Ewww, you believe you are one of God’s chosen people and we the non-Jews should lick your bum amiright?

          • Louise in MO

            Again……..you have no foundation to stake your claim.

          • Hitler

            idiot jew

          • Guest

            mom of 3 jewish boys?

          • anon

            The only way the children would be considered Jewish is if she is Jewish.

          • Jim Davis

            You are a stupid Goyim sheep. The Jews laugh at you while controlling you like a puppet. So many evangelicals like you are so naive.

          • I feel Offended

            A Je w who turned a convert to Chri st ianity, or a Ch risti an Zi onist?
            Benjamin Netanyahoo must be laughing at you because in Zio nist Occupied
            Pale stine, Chr istian churches are desecrated with thr eats and bla phemy
            written in He brew.

          • Louise in MO

            NO You are wrong. You have no knowledge of biblical writings and hence have no foundation.

          • jewbasher

            take your pornographic talmud writing and shove it where the sun does not shine jew

          • jewbasher

            you mean the talmud and its porngraphy beeyatch

          • Guest

            Today I will once more become a prophet:

            If the international Jewish financiers

            in and outside Europe should succeed in plunging

            the nations once more into a world war, then

            the result will not be the Bolshevization of Jewry,

            but the annihilation of the Jewish race in Europe!” -Adolf Hitler

            30 Jan, 1939.

          • Lennie Pike

            God’s main business is the forgiveness business which may have a lot to do with him chosing the Jews to be his chosen people.

            Not all Jews of course, but the ones turning the world into into a hellhole now certainly are – or at least claim to be. The Pharises whom Jesus called “sons of the devil” also claimed to be Jews – I don’t understand how they could have been both – maybe at one time they were only Jews and it can happen to any of us who do not know Jesus as God, or who have forfeited any future possibility of accepting him as their Savior.

          • I feel Offended

            God’s chosen people?! This is racist against all other non-Jews! Just because these converts and mixed white Jews are “God’s chosen people” that they have the right to stomp on the world economy and collude with each other to make them richer and the rest poorer?!

            The real Jews were brown and darker skin. It’s not those light skinned Ashkenazis who mixed with the…

            Ah forget it! When World War 3 comes out and billions perish because of these mixed race Europeans who call themselves Jews..then we will see who are the real Mc Coy.

          • Louise in MO

            Some of you guys would qualify to be guards at the German concentration camps.

            You need to take a tranquilizer and shut down for awhile and re-read what you wrote.

            This kind of stuff doesn’t belong here!

        • I feel Offended

          They’ll just make more Hollywood movies about Anne Frank and force more Shoah business in school to make us feel sorry for them that they declared warr on Germany in 1930s and in retaliation Heetler placed them in concentration camps for their mischief. At least 50% of the lawyers in 1930s Germany were those Pahrisees. They operate as an organised criminal entity, which is why you see these people live in gated communities and driving expensive cars while millions of people in the same nation are starving or becoming poorer.

          Do the corporations offshore CEO jobs or jobs which these people make the majority and all the money? HELLLL NO!

          • BonusGift

            That could be a slogan: if outsourcing is just about labor arbitrage then outsource the most expensive job, the CEO’s.

        • Louise in MO

          Am I on the right site? Was this post by Michael not about what’s heading our way via the banks, stock market?

          I checked, he didn’t say a thing about jews. So from what left field came this assault on jews??

          • BonusGift

            Louise you surely jest? “Left field … assault”? How could you have an informed discussion about banks and the Fed and not talk about the tribe that controls both? I am merely presenting facts; which of the facts that you seem to object to are incorrect? If we can’t discuss relevant facts then our situation is truly hopeless. I take it you would rather place your head firmly in the sand and ignore the facts. The false choices presented and your reaction are at least partly why we are in this position to begin with (e.g., this or that Jew for Fed head; neither of which will change the fundamentals of the system driving us over the edge). One of the basic premises of life is if you really want to change your life you must at least accept that there is a problem then come to grip with its causes. Financial institutions and markets are composed of people and not all people or groups of people act in the same manner or have the same interests. If you want to stop and/or mitigate the economic collapse (and I believe this site has something to do with that) you might begin with identifying the root human cause(s) of what’s wrong with a system that is heading down that road.

      • Dee R

        that is jewful thinking! Look at their track record in history goes all the way back to 1215 magna carta atleast!

      • I feel Offended

        Your teachers taught you well. In fact, the Jewws declared war on Germany in the 1930s and in retaliation the Germans joined the Notsee party but they did not see the nationalist Notsee party was infiltrated by Jewws when the World War 2 started.

        • Gay Veteran

          wow, who let all the trolls in?

        • Louise in MO

          Are you saying that the Jews backed the war that was meant to wipe them out?

          That’s a real stretch of the imagination.

      • jhunted7667

        Say we are the Church of Philadelphia , Revelations chapter 3 verse 7 thru 13 , John Adams set everything that way , the people who say that they are Jews and are not they are from the Synaqogue Satan , they are the Bankers , read it for your self , we should have never denied Gods name by taking prayer out of the schools and the 10 Commandments off the walls

    • Orange Jean

      wrong on #2… a lot of much lower-than-elite income people (middle class mostly maybe but also quite a few working class) who have some kind of retirement plan from work, even if a little one… or put 401K money into something like a money market account are also going to get major losses from that.

      I’d be one of them. I do not have a LOT of money saved for retirement, but most of it I either had put into a mutual fund or are still in an unvested retirement fund that I’d lose most of the value for if I took it out. (I was getting gouged almost $1000 a month for my retirement BTW, when working for the County of San Diego; I kept it in the system because at one point I was getting good interest and in case I ever went back to work for them, since I didn’t stay long enough to be vested).

      Overall compared to some people it’s not a lot, but it’ll all I have other than social security (yeah, right!)… don’t own a house either and I’m getting to old to have a chance at recovering it from working longer.

  • Bill

    First a shady meeting at 1600, then a three hour trading delay. What do you suppose comes after th 10 yr hits 3.0 ?

    • Bill

      Now a drop in the 10yr. No—did you say rigged ?

  • JailBanksters

    All they will do to fix this problem, is get another Computer to monitor the other Computers, and the computer monitor is monitored by another computer.

  • Mudpie

    Larry Summers appears to be Barack Obama’s top choice to become the next chairman of the Federal Reserve.

    –So right. This is true of 80% of the Ivy Leaguers I have met in my life. God we are in trouble.

    Pray.

    • Tim

      Bernanke shouldn’t even be running a lemonade stand.

  • bobcat

    The stock market is rigged. Only Goldman Sachs gets a do-over. It’s all crooked.

  • Mondobeyondo

    Vultures of a feather flock together… of course Obama wants his friends and cronies running the country. That’s why he wants Summers to run the Fed. Obama and Summers are friends, so…. And have you noticed how some of the people who contributed the most financially to Obama’s campaign, are now rewarded with diplomatic posts overseas? Kind of like Obama saying, “You scratch my back, and I’ll scratch – um wait, you are now nominated for Secretary of Commerce!” It’s not straight-up nepotism, per se, but it’s the next best thing!

    Remember back in ’09, when Obama promised an “open” and “transparent” government? Yeah. Can’t believe I actually fell for that one.

  • Alexandros HoMegas

    Can we get rid of jews like Hitler wanted?

    • david odowd

      Yeah, just you try…

      • Yasha7

        Never. Again. Never.

  • Rufus T Firefly

    Looking forward to Summers becoming Head Fed and continuing his fine work for the 1% who deserve to enjoy the fruits of the labors of the 99% serfs.

  • Sheriff J W Pepper

    I have no stocks, pension, etc . . I’ve lived/worked on Main St.

    Looks like those things are going to be worthless soon, so I did do the right thing and not become a corporate slave/worker like so many people I know.

    Mega Corporations and Wall St. have destroyed America. Let them rot in hell.

  • Concerned Boy

    I am very concerned

    • anon

      I’m not. I’m looking forward to going on a rampage. Big fun is going to be had.

  • jakartaman

    I must have gone to the wrong site.
    This is a whinny little girl site.
    I will come back when the men show up.

    • squashpants

      If it’s a whinny site, it must have horsies. I wanna see, Daddy.

    • Sheriff J W Pepper

      Keep living in denial that everything is “ok”, like the rest of the sheep in America.

      • jakartaman

        Hey Barney,
        Where did I say everything was “ok”?
        The Sh-t is already hitting the fan.
        Its gonna get ugly.
        I just don’t like whinning.
        Just get ready – ie guns, ammo, food, water, bible, friends etc
        Should already be carrying a weapon with this black on white – I am!

        • Sheriff J W Pepper

          People are just scared. They need some place to vent. Me, I just try and have a sense of humor about it. There is really very little me or anyone else can do.

          • Orange Jean

            You’ve got a good point there!

        • anon

          Might want to get some night vision goggles. Unless you can get the nigs to smile. They blend quite well in the dark.

    • Guest

      denial is a bitch dude

    • anon

      The men won’t be showing up. They are busy enjoying life without the slavery of what passes for women.

  • RarefiedSnotress

    I stopped most of my investing before the crash of 2008.. I did some day-trading here n there.. I contributed to the downfall of Lehman.. hold onto a few solid investments ..yeah I missed some good times, but better safe than sorry.. and I’m enjoying the rise of the interest rates.

  • chris

    if you had any faith in the markets BEFORE this week you were deluded. Anyone with a brain can surely see the manipulation
    taking place.

  • Brian Harrington

    if and when the govt crashes the economy in which it plans on doing there will be hell to pay the great depersion will happen thus leading into a massive civil war but my flipino coharts think nothing will happen ill be glad when somebody makeing 50 k plus per year gose flat broke I don’t own a fancy house nor a fancy cars but I know folks who have a fancy house and two fancy cars I can’t wait for them to go flat broke period this is as away to enslave the pepole on this planet it won’t effect those in thaialnd cambodia vietnam laos any part in latin america because they are poor for the most part but in america there will be total civil unrest period

    • Sheriff J W Pepper

      What gang are you in?

    • MomOf3Boys

      I would have to say anyone who makes between $40k-$100k probably works hard enough to be considered “earning” it… now when u started getting to bank CEO’s and members of congress, maybe they should be brought down to about $100k…After all, most of them have college, and lots of experience behind them…. but don’t hate on $50k…instead, try using your brain a little more often and getting yourself one of those paying positions, instead of hatin’…

  • Brian Harrington

    The one that knows as to what is going to happen

  • DJohn1

    Recently many of the commercial websites for companies using the internet have had problems.
    It is a nightmare when this happens because none of these people have a paper trail backup of their transactions readily available

    I suspect a natural cause. The cause might be the recent unusual sunspot activity on the Sun. We have had several near misses in the last few days.
    So far the Earth’s shields have held most of it back.
    An entire generation of clerks is no longer needed because of the internet and computerized business transactions or are they needed?
    Keep receipts! When the computers go down that is your only real proof that you have a legitimate transaction.

    What most of us techs do know is just how vulnerable the system is. I am not a working tech, I am retired as a Printer at a major newspaper in Ohio.
    For years we were in charge of the technology and backup system for the daily classifieds in the paper. Electromagnetic activity is a major cause for concern. Most records are kept on Hard Drives of one kind or another and when the system is erased by electromagnetic activity it is a major headache to bring it back from the backups.
    At one point in time, those classifieds were worth 9 million dollars a week. So no one wanted to fool around. We all were responsible for getting those ads into the classified on a daily basis.
    The cheapest part of a computer system is the hard drive. USB Flash drives are almost impossible to work with when they are erased.
    The only real backup that will work is the DVDs that are optical rather than electromagnetic. And that system is slower than anyone can imagine.
    Crashes of computer systems are a lot more likely than anyone realizes.
    Wall Street is especially vulnerable. What we did was use RAID Array drives a lot of the time. That was to keep a duplicate record of everything so that at least one drive might be salvageable. Doing this and keeping the records on multiple individual computers on the network saved us more than once.
    I think the techs at Wall Street deserve a hand for getting it back together as fast as they did.

  • davidmpark

    Okay… what to do from here.

    Best guess is the underground economy. Buying/selling/trading with like minded individuals for cash, precious metals, or bartering might be the best way to save as many lives as possible. That would mean more home industry is necessary and no labels.

    If the system and game are rigged… then the only way to win is not to play. Sucks that it has to come to that. People will have to survive and thrive outside the system.

    If anyone else has a better idea I’m desperate to hear it! That’s the best I’ve got!

    • K

      David, I suspect trading will not be possible at first. That is why supplies are so important. If even half as much violence occurs, as I suspect. There will be no safe way to trade. This will be the hardest part for many. A totally different mind set will be required. In desperate times why is someone going to trade with you, if instead they can rob you. I would expect a year to pass, before trade might be possible. A favorite game being played in some third world Countries. Arrange a swap meet, assure everyone that security will be present. When everyone arrives, the organizer and security robs everyone. I suspect it will be no different here.

      • davidmpark

        You’ve got a point K. It will be a long before anything like that goes on after a SHTF scenario. I was thinking of a steady decline scenario where your neighbors are hurting, but not to desperation yet.

    • Sheriff J W Pepper

      Good idea but too late. We should have been doing that all along instead of letting the mega f**cking corporations take everything over. I was raised on Main St. and it was great. I hate this cold sterile warehouse type of commerce today (Staples, Sport Authority, . . both created by scum Romney).

      We should grow all our produce local when we can too.

      • davidmpark

        Hey, I’m all for the local produce; just brought in some of the largest swiss chard I’ve ever seen today.

        I don’t think it’s too late as the underground economy is not something that’s done on a large scale like the black market. The underground economy is something very different as it’s not about illegal things like SAM missiles stolen from Lybia and narcotics – it’s about normal, everyday things either already purchased or homebuilt.

        The best example of the underground economy is a garage sale. Other examples are what Craigslist used to be, going for a DBA permit (Utah treats it like the underground), and merchandising with trusted neighbors.

        One of these times, I’d like to try a garage sale with only my homebuilt stuff… just to see what happens.

    • Gannojo

      Hold some gold, silver and other tradable items is the best advise I can give. Fiat dollars or other currencies won’t buy you a loaf of bread. Just like the Riechmark you will need a wheelbarrow full. Farmers will be very wealthy and fed. They will take real money for their goods. Gold, silver, gems… Or other commodites. Unless they need toilet paper no dollars….

  • Dee R

    is bill clinton dying?

  • Ralfine

    Have faith in your kids, in yourself, maybe in god, but never in the financial market.

  • Steve B.

    Summers is not stupid. He is an insider put there to create and manage destruction. The derivatives were at inception the lynchpin of the plan to destroy the US economy and the economies of the world generally. This was disclosed by a Goldman insider who was in the room when the whole plan was hatched. It is obvious from the Palast memo than this is so. Summers will now take charge of the final part of the plan. There has never been the slightest incompetence of accident about any of this. New
    World Order, per Carrolly Quigley in Tragedy and Hope over 40 years ago, called for a world feudal state with a one world central bank (the BIS is Basel, in fact).
    We’ll see how this forms with the participation of the BRICs countries and their hoarding of gold. Ya think Russia and China are in bed with the bankers? As they move their empire yet again, starting with Babylon/Sumer? You bet, even as all the staged conflicts (all sides as always controlled by the Luciferians at the top) amke it appear that chaos caused it all. Ordo ab Chao.

  • John

    Exchanges are not public institutions. They compete for listings. So it’s not surprising that we don’t get more information, and it’s unlikely that the Obama administration will come to the rescue. It’s a Wall Street government.

  • xander cross

    White men and their deception continues.

    • Sander the racist

      Go away sander floss!

      • xander cross

        I will continue to expose the white man lies about the very economic problem that you benefitted from. The white man created all if these illegal practices of fraud and money from thin air. So again, the source of the problem is that white men are corrupt especially when it comes to money and blood.

        • Tobias Smith

          ha, you are a funny racist

  • El Pollo de Oro

    “Jamie Dimon is a parasite. He makes serial killers dressed like clowns look good.”—Max
    Keiser, host of “The Keiser Report”

  • Leroy

    What’s a Circus without a Clown?

  • xander cross

    Larry summers is a white man, this prove my point about white people and corruption.

    • I feel Offended

      He is not white. He is another race and he is Jewish.

      • xander cross

        He is white and work with other white men who plunder this country and other countries through theft and fraud. White men will not let the economy collapse no matter how many articles Michael puts up. Why, because white men will do anything to ensure that white supremacy stays intact. White supremacy is a system, that is why racist white men (Ron Paul) want a so called free market system. How sad.

        • K

          How sad. Have you ever been to Africa? I have, trust me black men are just as corrupt. Power corrupts, absolute power corrupt absolutely. Race has nothing to do with it. You are most likely a white man yourself. Being paid to try to stir up trouble, which federal agency so you work for.

        • Tobias Smith

          ha, you are very funny

        • Guest

          Thank you for my evening laugh sander floss. You’re the real racist!

  • anon

    There are so many ads on this page I gave up trying to read the article. I won’t be visiting the site again.

  • I feel Offended

    Goldman Sachs, Larry Summers, Bernard Bernanke, Dianne Feinstein, Anthony Weiner, Rubin, Sumner Redstone, Eisman, Bill Clinton, Monica Lewinsky………………………………………how did these people manage to gain so much control in America?

  • Farmer

    Get ready for the Bank Holiday when they close for 3 days due to some “virus” and steal all your money a la Cyprus.

    • Meowhiss

      You hit that one out of the park.

  • jhunted7667

    WELL !!!!! MUUHA-HA-HA remember OH I Hit the M KEY by accident , there are no such things as accidents,, ONLY planned Events , as betty Davis would say (fasten your seat belts ,were in for a bumpy ride ) this is the dragon coaster brought on by the devil

  • Tobias Smith

    isn’t is kinda funny that GE has an ad on this site?

    • RarefiedSnotress

      None visible here

  • SafetyViking

    MY MONEY’S IN GUNS, HOOKERS, AND BLOW…

  • A D

    The USA is like the Titanic people having a good time, Gods word has been thrown out and people will find out when they stand before Jesus on the day of Judgement.

  • Orange Jean

    Well it all sounds deliberate to me!

    Ayers and the rest of the “Weathermen” must be happy as a couple of clams at high tide…

    Wouldn’t surprise me if that’s EXACTLY how B*H*O and his buddies are planning on collapsing our economy.

    And have you heard that little story about one of the guys behind all those gun and bullets purchases at DHS? He’s currently on PAID “administrative leave” because someone leaked that he spends his spare time blogging to encourage start of a race war. Of course, you’ll likely only hear mention of this on Fox news!

  • Sack man

    China investing $1 trillion globally over next 10 years. Doom postponed again. Markets will be at new highs 10 years from now and newer highs 20 years from now.

  • A D

    Trillions of made up computerized digits from thin air.

  • Hammerstrike

    Like the WTC Towers on September 10 2001, markets rigged and ready to be brought down! )

  • Louise in MO

    I have been quietly, regularly, taking cash from our bank. We aren’t millionnaires, but we do want to keep what we have. We are prepared for what is coming. At least for a year or two.

    Thanks, Michael, for keeping all of us updated.

  • Cyber Revengeance

    godsman have hijacked the government.

  • Adrian

    Anybody else doubt the corporate sector has merged with the government? Welcome to fascism, everyone!

  • anon

    ” Who in the hell is shooting women if they dare talk out of turn? ”
    Men who understand the true nature of women.
    “Who
    are strappig bombs to their children and sending them out to kill?”
    Women, which is why the men there are doing what they’re doing.

    • Louise in MO

      Have you not seen the videos of women kneeling in a soccer field shot in the head?

      Have you not seen the celebrations in the streets when a suicide bomber blows himself up? Pictures of the suicide bomber paraded for all to see.

      Closer to home…the Boston bombers purposely setting their bombs in front of a boy killed in the attack; another near a man who had his legs blown off. Lives changed forever.

      “Men who understand the real natrue of women and why the men there are doing what they are doing.”

      Sounds to me like you are on the “dark” side.

  • Alfred Litton

    Consider this:

    1. A cyber attack, solar flare, or power grid failure shuts down exchanges and creates accounting chaos.

    2. Treasury officials step in and issue a new type of certificate for one’s 401k/IRA equity shares
    redeemable at some future date but “backed by full faith and credit.”

    3. Bingo! Private equity confiscated and debt eliminated.

  • https://plus.google.com/109456702578483708229 Alex Ant

    Можно до бесконечности искать странные и подозрительные вещи в шкафу у соседа,, и так же до бесконечности говорить и писать о кризисе мировой экономике обвиняя тех или иных руководителей стоящих во главе и принимающих решения урегулирования и поднятия финансового благосостояния граждан,, на всём этом любой хороший трейдер сумеет заработать,, защиты банковских и торговых счетов от кибер взломов есть самый большой пробел,,

  • http://www.goodnightasia.com/ Invest in Gold

    Financial systems should be designed devoid of bugs or technical errors before they are put to use. As for deterring hackers, better security measures need to be put in place, and especially when it comes to protecting financial systems.

Ready Made Resources
Shocking Forecast
Thrive Life
FEMA Hates This

Austin Coins
High Blood Pressure?
FINCA BAYANO
Survive After Collapse

Silver.com

Camping Survival
GunMagWarehouse.com
SFC_The-Video-They-Tried-To-Ban_125
Print Friendly and PDF
Facebook Twitter More...