Zynox Blogs the Fiscal Meltdown

[Zarathustra]

[QUOTE=Love/Light 13;24420]it is now clear that the North American Union is for real. The FED is destroying the dollar, knowingly or unknowingly, and paving the path for the famed "Amero", the North American version of the Euro. I don't think Americans will let this stand, but time will tell...........


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may WISDOM guide COMPASSION

"out of MANY, we are ONE"[/QUOTE

The banking elite are criminal, vile traitors, but they are not stupid. There is nothing unknowing about this.

[Zynox]

CALL TO ACTION

How about we say no, they open a 'bank', and, no one comes to deposit. Then, there is no need to 'fear' a bank run .... the incentives might become quite interesting if they received NO customers ... yachts, condos, bags of dope, teenage sex stars, the possibilities of incentives might become quite entertaining. When are we going to mock the handlers?


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http://biz.yahoo.com/ap/080921/bank_change.html

Last major investment banks change status
Sunday September 21, 11:02 pm ET
By Martin Crutsinger, AP Economics Writer
Federal Reserve changes status of Goldman Sachs and Morgan Stanley to bank holding companies

WASHINGTON (AP) -- The Federal Reserve said Sunday it had granted a request by the country's last two major investment banks -- Goldman Sachs and Morgan Stanley -- to change their status to bank holding companies.

The Fed announced that it had approved the request of the two investment banks. The change in status will allow them to create commercial banks that will be able to take deposits, bolstering the resources of both institutions.

The change continued the biggest restructuring on Wall Street since the Great Depression.

The request for the change to bank holding companies was granted by a unanimous vote of the Fed's board of governors during a late Sunday meeting in Washington.


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~ namaste ~

[Zynox]

Greetings,

In reflection and research over 48 hours, it feels to me that there is no actual crisis beyond the orchestration of a wealth transfer, and that most every step, release and action is carefully staged. I respect facts, and people are hurting, yet is is becoming crystal clear, to me, that this is complete problem, reaction, solution methodology.

The most intriguing finds I have located are:
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This one might be useful to get past people's filters, truth and humor blended for impact .... from France.

A Financial Controlled Demolition Just Like 9/11

http://www.escapetheillusion.com/blo...just-like-911/

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Best thing I've read today:

http://kennysideshow.blogspot.com/20...-of-elite.html

Even in the face of overwhelming evidence that they orchestrated the 9/11 psyop, they continue to force-feed us with delusions of blinkered conformity. A jolt of truth can shatter the mirage, but it must be nourished by understanding if the prisoners are to break free of the mind chains that keep them bound in the cave of shifting shadows and shackled in servitude to the Masters of Deception.

ShadowPlay, a documentary film that reveals 9/11 as a deadly deception contrived to advance a global Pax Americana, closes with the words of Canadian Philosopher John McMurtry as he comments on the psychological warfare that has afflicted us all: "It is like a trance. So what can break a trance? The only thing that can break the trance is the light of truth."

It's time to emerge from the cave of shadows, switch off the TV, break out of the hypnogogic daze of delusion and say "NO!" No more MindWars! No more cult of 9/11 deception! No to the greed and bloodlust that fuels the global domination crusade!

It's time to take a stand and oppose this hideous strength, then the refreshing light of truth will prevail, justice will prevail and we can create a world of greater compassion.

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http://www.financialsense.com/editor...2008/0922.html


"Before 1933 the people themselves had an effective way to demand economy [from politicians].

Before 1933, whenever the people became disturbed over federal spending, they could redeem their paper currency in gold, and wait for common sense to return to Washington.

That happened on various occasions and conditions sometimes became strained, but nothing occurred like the ultimate consequences of paper money inflation.

When the people's right to restrain public spending by demanding gold coin was taken away from them, the automatic flow of strength from the grass-roots to enforce economy in Washington was disconnected.

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The below is what Jim Sinclair knows so well:

http://www.financialsense.com/Market/wrapup.htm?321gold

To say that events that unfolded in the world's financial markets last week were 'unprecedented' is perhaps a little too cliché. So let us revisit some of the key events which reportedly unfolded in the wake of Lehman's demise – a fate that was sealed last weekend [Sept. 13 / 14] when last attempts to rescue the storied U.S. Investment Bank hit-the-rocks [or ice, perhaps?].

Lehman's Demise Was Most Assuredly All-About J.P. Morgan

The critical piece of information that completes the daisy-chain: The world only learned about J.P. Morgan's 138 billion advance from a bankruptcy court document, where Lehman was asking the court for the authority to give the settlement of claims of J.P. Morgan "special status."

Here's how this flow-of-funds looks visually:



It is highly likely [or a certainty on my planet] that J.P. Morgan was INSOLVENT and was "BAILED OUT" last Monday, September 15, to the tune of 138 billion dollars. This would explain why the Fed and Treasury dictated that Lehman fail – to disguise or otherwise obfuscate the recapitalization of or illicit transfer of 138 billion to A MUCH SICKER, TEETERING ENTITY, J.P. Morgan Chase.

This makes sense. Investment banks are dropping like flies, owing to their involvement in credit derivatives – this is a fact.

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~ namaste ~

[Zynox]

[Zynox]

~ figure this out ~

PDF File of Senate Bailout Bill: http://jsmineset.com/cwsimages/Miscf...enate10108.pdf

Sec. 503. Exemption from excise tax for certain wooden arrows designed for
use by children.

21 WOODEN ARROWS DESIGNED FOR USE BY
22 CHILDREN.
23 (a) IN GENERAL.—Paragraph (2) of section 4161(b)
24 is amended by redesignating subparagraph (B) as sub
1 paragraph (C) and by inserting after subparagraph (A)
2 the following new subparagraph:
3 ''(B) EXEMPTION FOR CERTAIN WOODEN
4 ARROW SHAFTS.—Subparagraph (A) shall not
5 apply to any shaft consisting of all natural
6 wood with no laminations or artificial means of
7 enhancing the spine of such shaft (whether sold
8 separately or incorporated as part of a finished
9 or unfinished product) of a type used in the
10 manufacture of any arrow which after its as
11 sembly—
12 ''(i) measures 5⁄16 of an inch or less in
13 diameter, and
14 ''(ii) is not suitable for use with a bow
15 described in paragraph (1)(A).''.
16 (b) EFFECTIVE DATE.—The amendments made by
17 this section shall apply to shafts first sold after the date
18 of enactment of this Act.

[Anchor]

Originally Posted by Zynox

Sec. 503. Exemption from excise tax for certain wooden arrows designed for
use by children.

This is the crucial part of the bill - isnt it obvious?

The world economy can now relax, safe in the knowledge that this important provision was included.

A..