A PERSPECTIVE ON THE MYSTERIOUS $15 T

Regular readers will be familiar with some of my own speculation into U.S. money-laundering (and counterfeiting of its own currency). Of interest, my own theorizing was based on a series of logical deductions that implied that some massive money-laundering operation (of counterfeit currency) must be taking place in the dying U.S. economy. And now we have a detailed paper-trail on the largest (known) money-laundering operation in history.


The rest here.

THE MISSING 15 TRILLION DOLLARS

OUCH!

A very revealing resignation letter from Greg Smith, formerly of Goldman Sachs.

TODAY is my last day at Goldman Sachs.

After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it.

The rest here.

THE CRISIS IN THE MEDIA

As the financial crisis began to roll in 2006 – and in the years that followed – it became painfully clear that the mainstream media journalists had a very tough time getting a firm grip on the full story. Somehow the deep, dark aspects of criminality and ingrained systemic corruption seemed to elude politicians and financial analysts alike.
At Al-Jazeera, commentator Danny Schechter has a brief article on the subject of media negligence, which is well worth reading.  

"A radically different world order was established after Word War 2, based on the Bretton Woods institutions (UN, IMF, World Bank, ...), the dissolution of separate European empires, and Pax Americana. This new world system can be described as collective imperialism, with the Pentagon acting as imperial enforcer in the 'Free World' on behalf of Western capital generally. This new global regime opened the way for the greatest growth period in history, while at the same time removing the motivation for wars among European powers."

An interesting historical and political analysis by Richard K. Moore right here. 

MONEY CONNECTIONS

AS PROTESTS against financial power sweep the world this week, science may have confirmed the protesters' worst fears. An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.

ARTICLE HERE

PREPARE!

Not particularly new and shocking insights from this most known unknown commentator, but it's fun to see it live on the BBC. Currently, a lot of people are debating how this guy managed to get three minutes of airtime.

THNIK AGAIN!

A recent debacle over $2 billion lost by Swiss banking giant UBS has led Matt Taibbi of Rolling Stone to question the oft-repeated claim that the problem lies with a few “rogue traders".
Read on.

AN ILLUMINATI PRIMER

A brief history of the great conspiracy, and what to do about it.
Four chapters, read the first one here. The rest are below the original post.

FINANCIAL TERRORISM

What caused the economic crash? Years later, investigators are still putting the pieces together.
Read this article from the EU Times, and check out the original report right here.
You may recall that this information ties in with the Deep Capture story by Mark Mitchell and Patrick Byrne.

BILDERBERG 2011 RESUME

Thanks to journalist Daniel Estulin, who has been following the Bilderberg Group's antics for several years, here's a brief summary of the economic discussions from this year's meeting.

FINANCIAL SABOTAGE & THE ECONOMIC CRISIS

A lenghty must-read for the summer holiday: At Deep Capture, journalists Mark Mitchell and Patrick Byrne have done an admirable investigative work in uncovering some of the deeper, darker connections behind the economic crisis.
The Miscreants' Global Bust-out reads like a well-written spy novel and has a cast of shady characters ranging from Cosa Nostra figures to Jihadists, rogue intelligence operatives and Wall Street market manipulators. This is the kind of analysis you won't find in your daily newspaper.

DRUGS, BANKS AND WHOLESALE SLAUGHTER

Image by Renjith Krishnan

“Mexico ’s descent into this inferno has been engineered by the leading US financial and political institutions, each supporting ‘one side or the other’ in the bloody “total war” which spares no one, no place and no moment in time. While the Pentagon arms the Mexican government and the US Drug Enforcement Agency enforces the “military solution”, the biggest US banks receive, launder and transfer hundreds of billions of dollars to the drug lords’ accounts, who then buy modern arms, pay private armies of assassins and corrupt untold numbers of political and law enforcement officials on both sides of the border."

Read the rest of James Petras' essay here.

MONEY WARS

Today a Washington Post article features an unclassified contractor report on the three-stage long term economic attack alledgedly being perpertrated on America by outside forces.
An interesting read right here.

TOLD YOU SO...

Citing lack of oversight, greed and dubious securitisations of assets as prominent reasons for the financial meltdown, a Congressional hearing today concluded that the whole miserable affair was avoidable and not, as some would have you believe, an automated response to a systemic failure.
Not exactly news, but it's still good to see it in the mainstream media... about a hundred years too late. Well well.
NYT article here.

THE DERIVATIVES SECTOR

Photo: Salvatore Vuono


An informative article about the cartel-like organisation of the highly lucrative derivatives market. Here.

AND THE RECESSION ROLLS ON...

New economic report from LEAP. Not exactly good news.

LINK

AS ALWAYS, DRUGS & MONEY GO HAND IN HAND...

A very interesting Bloomberg article right here.

MUST-READ: SILENT WEAPONS FOR QUIET WARS

One could argue that this most interesting document falls in the same category as the Protocols of the Learned Elders of Zion and Report from Iron Mountain: Their origins have been disputed or deliberately cloaked in mystery, but no matter if they represent hateful propaganda, political satire or the actual truth from whistleblowers, they all hold historical importance for some reason or other, and each is in its own way a reflection of the political climate of its time.

Most importantly, careful analysis and a bit of critical thinking can draw from documents like these some powerful conclusions and lessons about history, power and control.

CHRISTOPHER STORY SPEAKS ON EU CORRUPTION