The End of 2010 Part 4

Conclusion

Geraldo said that the recent domestic terror plots are bogus. Geraldo Rivera admitted that the foil plot in Maryland fits the same pattern. The FBI seduces radicals, set them up with a bomb, and push them to take action. He said that the case against the 21 year old Antonio Martinez (or mUhammad Hussain) was bogus, absolutely bogus. Geraldo said that the FBI: “sent in undercover people posing as radicals and they seduced this kid… the same way they seduced the kid in Newburgh, New York, the same way they seduced people at the Sears Tower.” Bill O'Reilly was annoyed by Geraldo's explanation. O'Reilly supports the FBI anti-terror stings where radical Muslim patsies were set up. O'Reilly promoted the official story of 9/11 and the fake war on terror. O'Reilly joked about how Geraldo and Judge Napolitano recently questioned the official story of the collapse of WTC 7 and they should go camping together. The fraudulent war on terror is becoming too real. The 1993 bombing of the World Trade Center was exposed to be a set up even back then. In 1993, the FBI tried to use a sting operation to prove that some suspects are culpable in terrorism. Now, even Wikipedia admitted that the harmless powder was swapped with real bomb material. The FBI informant Emad Salem was alarmed, because there was real explosives being introduced. He recorded his conversations with the FBI to proved that the FBI enabled and allowed the bombing to go forward that killed 4 people. Even CNN"s Jeanne Meserve is trying to hype up terrorism in fear mongering mode. She stated that: "...This is just another in a long string of domestic terror cases.” Her statement is true, however, inadvertently pointing to the true track record of domestic terror– and the role of the F.B.I. and other intelligence agencies in setting up Muslim dupes to become patsies in the War on Terror. CNN themselves admit that the F.B.I. gave this individual the bomb; again, alleged ties to Anwar Al-Awlaki are mentioned. CIA puppet Awlaki is the famed al-Qeda mastermind. He was found out to have dined with top Pentagron brass shortly after 9/11. Awlaki has been called by the government as behind the ink toner cartridge bombing attempt, the Christmas Day underwear bomber, the Fort Hood shoorter, and other failed plots. These failed plots have ties to intelligence assets and some have been provoking, funding, and aiding the suspects while doing nothing to stop any attempts that could take human life. These bogus events are used to support anti-liberty policies in the West (and continue the war on terror).

There is information about money in the world. The World and the International Monetary Fund is still here. We have this globalization and unbridled speculative money market. People are having meetings and not received a consensus on what to do. These times signify the beginning of more people rejecting radical economic globalization. Some nations might manage their currencies and have capital controls in order to prevent speculation (and the FED's 0% dollar carry trade). Capital controls have caused Malaysia to fare better than other countries. Some want capital controls as a first step. A long term solution will have to be fixed currency parities (and other plans that are similar to the Bretton Woods system from 1944 to 1971). Some people want a Tobin tax to discourage speculation and aid distressed budgets. The euro is fluctuating in its value. The $1.5 quadrillion of toxic, bankrupt derivatives have harmed much of the dollar value in the USA. The Federal Reserve is promoting the QE or quantitative easing. Now, they want to have QE2 or the injection of about 1 trillion dollars in fresh liquidity in the U.S. financial system. China is pegged in some ways to the U.S. dollar (or if the dollar value goes up, the Chinese currency goes up and vice versa). America borrow money from China constantly to pay bills or promote tax cuts. Chinese exporters have a big price advantage over competitors in Japan, Korea, Malaysia, Indonesia, the Philippines, and elsewhere, causing acute distress in these countries. The yen is in a 15 year high against the dollar recently. On September 15, the Bank of Japan surprised the world by unilaterally dumping large quantities of yen in a bid to prevent the Japanese currency from continuing to rise against the dollar. Nations like Thailand and India want capital controls as well. Radical speculation and globalization wants money flows to be not limited nor taxed. China is have some dirigistic mechanism beyond their previous more rigid economic system. CFR member George Soros blamed the currency war that could come up on the Chinese. Soros is a known historical economic speculator. The Chinese Prime Minister Wen Jiaobao said that import tariffs could wipe out the profit margins from the Chinese. China is supported by BRIC nations like form Russia. The elite hates any form of economic policies that deals with national protection (and of course protectionism is like a curse word in mainstream economic circles. You can't even talk about it publicly without being classified as an extremist). China enjoys the benefits of a significant state sector, which accounts for a large part of Chinese banking in particular. The 2008 Chinese stimulus of about $580 billion, in proportion to the Chinese economy, was 10 or 15 times larger than the inadequate Obama stimulus package of February 2009. The money was used to build fast rail and nuclear reactors, not prop up derivatives. I don't agree with nuclear plants per se because of environmental concerns though. It should be noted that the U.S. Constitution rules out any notion of a “free market” by explicitly giving the US federal government the power to “coin money and regulate the value thereof." This directly contradicts the absurd Austrian fetish that the value of a currency must be left to the dark forces of the mysterious “free market,” who are in reality easily identifiable cartels, monopolies, and oligopolies of predatory intent. Dirigism is better than socialism and Austrian radical free market system too (that have lead into a depression in the past).

By Timothy