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Wed, 08 Dec 2021
The World for People who Think

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One giant Ponzi scheme and the Obama Illusion

The big news this week was the sudden exposure of a massive $50 billion Ponzi Scheme run it seems singlehandedly by Bernard Madoff a prominent New York Zionist, financier and philanthropist. The exposure is somewhat surreal while the resulting financial waves seem likely to hit, so we are told, many of the leading names in banking together with many of the most wealthy individuals in the US. There is certainly ample reason to believe that there is much more to the story than meets the eye.

In the same week the surreal dominated the news with US Treasuries briefly touching negative interest rates, the US automaker bailout descending into political farce, Marc Dreier the highly successful New York lawyer is caught trying to con hedge funds out of $380 million and Obama's team talk of which nations the US will leave to collapse in 2009. Of course silence echoes through the corridors of power in relation to the Israeli perpetrated holocaust in Palestine.

Heart - Black

State Repression and the Establishment of Capitalism

We ended last week saying that "we find ourselves today much as those hapless English found themselves centuries ago; we have been disenfranchised; we are having our "land" in the form of homes, jobs, security, income and inheritance taken from us even as you read this; and we have lost our rights to privacy and to protection from wrongful arrest and imprisonment. We face forces arrayed against us as formidable as any known in history; forces that are preparing, just as those who have come before, to use every tool of repression available to keep us subservient, to keep us ignorant, divided and confused, thereby ensuring our political and economic impotence."

If we are to find a way through the webs of deceit that surround and ensnare us we need to go back to the history of resistance against despotism and tyranny. Despotism and tyranny might sound a little strange if you find yourself reading this seated comfortably in a warm and comfortable home with money in your bank, but if you are not so fortunate you will have an inkling of the appropriateness of these terms. Of course those that have the greatest understanding of despotism and tyranny are those that cannot read this essay because they are illiterate, uneducated, too poor or all of the above. Of course, there are also the many thousands who have been imprisoned without trial, often in our name.

Clock

Economy, Markets and Finance - December 9th

The markets last week reacted in a deflationary mode, spurred by the stunning loss of a half million jobs in the United States in November. Commodities were down, stocks were down, and US bonds were up (driving yields down) while Japanese bonds dropped on fears of increased government borrowing next year. Oil dropped sharply (23%), gold fell 7.5% and interest rates are falling closer and closer to zero. How close? The yield on the 3-month U.S. Treasury Notes, for example, is now 0.01%. In other words, if prices are going down, you are better off having money rather than things.

It's not looking out in the real economy but it's all roses for the banks as the EU began approving the various European bank bailouts. Hedge Fund news is dire with many, including the once mighty Fortress, stopping or severely limiting investor withdrawals while being reported to be "crumbling".

With the crisis in the auto sector, Ford is looking to sell Volvo the Swedish carmaker it bought ten years ago in a bid to raise cash.

Comment: We have decided to separate the market and financial news section of our analysis from our broader analysis and commentary. This week's continuation of State Sanctioned Theft, State Repression and the Establishment of Capitalism can be found here.

SOTT Logo Radio

SOTT Podcast: Toxic World, Toxic Bodies

SOTT Podcast Logo
In this SOTT.net podcast, we touch on a topic that hasn't received anywhere near the attention that it deserves: improving our health through a program of detoxification. We're joined by Mark Givert of Get Fitt™ Ltd, a UK-based company that provides far infrared saunas and other products to detoxify the body and improve overall health. We discuss the benefits of far infrared, the surprising effects of heavy metal toxicity and candida, and several other illnesses and health-related topics. Mark and Laura also share their personal stories of how the far infrared saunas were a key tool in helping to restore their health and battle toxicity. Even if you have never had any serious illnesses or health issues, this is one podcast you can't afford to miss!

Running Time: 01:10:48

Download: MP3


War Whore

Connecting the Dots: The War of Terror and Zionism take the Lead

Denver Airport Mural
© Cassiopaea.org
Denver Airport Mural

As the world falls asleep under the spell of Obama's supposed change, the Zionists sneak onto his staff roster and take the opportunity to siege Gaza. With astoundingly accurate timing, India gets its own shocking 9/11 and the fingers are pointed at Pakistan.

More blood is expected to run, as we keep seeing signs of war and hearing predictions of catastrophic terrorism.

As this happens, Mother Nature takes notice of the human madness and gives the world a very cold shoulder. As above, so below: the cosmic weather responds with fireballs and other mysteries.

Coffee

State Sanctioned Theft - When Immorality is Law and Resistance is Crime

World stock indexes rebounded strongly last week. The Dow and the Hang Seng were up nearly 10%, the FTSE and DAX were up 13% and the Brazilian Bovespa was up a whopping 17%. Gold pushed passed $800.

In the U.S. retailers reported a better than feared "Black Friday," with sales rising 3% compared to the previous year, although discounts were deep and profit margins low. Black Friday refers to the Friday after the Thanksgiving holiday. It is both the traditional start of the Christmas shopping season and the day that retailers start to make their profits for the year. In recent years it has become a bigger and bigger thing, with families waiting in line outside big box stores and malls the night before waiting to get let in at five in the morning, lured by steep discounts on a few big ticket items. This year with the bad economy it got completely out of hand as a Walmart employee was trampled to death in Long Island when the crowds were let in.

Sheeple

Sleepwalking our way to hell

slave to money
© unknown
We are at present working discreetly with all our might to wrest this mysterious force called sovereignty out of the clutches of the local nation states of the world. - Professor Arnold Toynbee, 1931 Institute for the Study of International Affairs.

What a week; world stock indexes took another serious beating while J P Morgan fired 3,000 amid speculation that total Wall Street job losses will reach 225,000 and Citibank was bailed out to the tune of $27 billion of new equity and in excess of $300 billion blanket guarantee of some of its toxic assets.

Vader

From Occupation to Invasion: The Siege of Gaza

Remember back in 2005 when Ariel Sharon decided to make a "historical sacrifice" by withdrawing some 9,000 illegal Jewish settlers from the Gaza Strip? Remember the drama whipped up by the world's media and the tears on the faces of those who were leaving behind their ill begotten houses and farms? Remember the debates about civil and human rights - the rights of the settlers, that is because as we all know, the Palestinians have no rights. Remember as well how Sharon - the same man who years before was responsible for the massacre of the refugee camps of Sabra and Shatila in southern Lebanon - was applauded for his restraint and sensibility.

Well, all of that was nothing but the theatrics that came with a calculated step in a long-term war strategy and which is now reaching a climax with the siege of Gaza.

Vader

The Lesson of Jonestown

The events of November 18, 1978 in Jonestown, Guyana were a tragedy that few can come to grips with even today, 30 years later. But that was not a singular event. As a sign posted at Jonestown read, "Those who do not remember the past are condemned to repeat it."
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I'm Warren Olney in Los Angeles. Ninety minutes ago came word from Guyana, making this bizarre story more bizarre than ever. Troops from Guyana have found between three and four hundred bodies at the People's Temple commune at Jonestown. No marks of violence on any of the bodies. No marks of anyone alive, despite reports that as many as 1,200 people lived in Jonestown. There had been predictions that a mass suicide would occur from several defectors. We don't know that that's what happened. We don't know what happened to the rest of the people who lived at the commune. We don't know what's happened to attorneys Mark Lane or Charles Garry, or to the Reverend Jim Jones. And we don't know how much longer this awful story will take to unfold. For Edwin Newman and for all of us at NBC, I'm Warren Olney in Los Angeles.

Bizarro Earth

Money Supply, Debt Slavery and other Manipulations

"The few who can understand the System (Cheque Money and Credits) will either be so interested in its profits, or so dependent on its favours, that there will be no opposition from that class. While on the other hand, the great body of people mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint and perhaps without even suspecting that the system is inimical* to their interests." - Extract from a letter written by Rothschild Bros of London to a New York firm of bankers on 25 June 1863

* (hostile, hurtful)
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