Friday, August 5, 2011

News Update

News Update - I guess I was right. A global transition did start with Obama’s birthday. Please read my July, 2011 post entitled "Critical Dates – Ending with the Quatuor Coronati". Please read what i forecasted for August 4, 2011.

The fictitious U.S. jobs data report never ceases to amaze me. They announced a minimal reduction in the unemployment rate today. Meant to ease tension in the financial markets. Please visit www.usdebtclock.org to view real government statistics. Actual Americans unemployed equates to 24,754,887. Total employment base is 139,279,349. Therefore, the unemployment rate is 17.8%. It has worsened from the previously reported rate of 17.7%. To quote Benedict Arnold Obama, “we will get through this, we will get there together”. Someone should tell corporate CEO’s that they each earn enough for two or three hundred potential employees. Bonuses paid annually to Goldman Sachs executives would employ 50-60,000 people per year. The irony is that these bank executives have created the global financial chaos. They have done this with “Free Money’. When you exterminate cockroaches that itchy feeling goes away! Why would HSBC be laying-off 10-25,000 employees world wide?

Dagong, China’s international credit rating agency has downgraded the U.S. credit standing a second time. Dagong has warned Chinese officials that it must look elsewhere when investing – U.S. treasuries pose a major concern. Putin has called for a new or additional Reserve Currency. The world truly underestimates the military might of Russia and China – that would be a big mistake. The Anglo-American Union knows full well the implications of global war.

Strauss-Kahn vindicated? Christine Lagarde, the new IMF Chief, will be criminally charged for obstruction of justice. She authorized an approximate $300,000,000.00 payout to Bernard Tapie, a close Sarkozy supporter when she was French Finance Minister. The bankers and politicians continue to show their true colours. This is the biggest organized crime syndicate in the world. The people of the world should realize one thing – bankers are thieves and governments legislate their criminal conduct. Do you now understand why Lagarde was selected IMF Chief and Strauss-Khan was set-up?

What’s the problem with Italy you say? It has a debt crisis! Italy holds 86,512,893 ounces of gold - the third largest supply of gold held by a sovereign nation. At an average price of $1,650 per ounce, Italy’s gold would be valued at $143 Billion. Their current national debt sits at 1.84 Trillion Euros. When gold hits $10,000 an ounce Italy won’t have a debt problem. Who do all countries of the world owe money too - privately owned Central Banks of course? Banks whose business it is to print money for global governments and set monetary policy. Well that’s a great job. If I printed counterfeit money I would go to jail. These institutions have been doing this for centuries and have made a shitload of money in the process. As an added courtesy they have started wars, assassinated global leaders, created hunger and genocide and economic chaos. Fire them or eradicate them – their crimes justify either!

Thank you,
Joseph Pede

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