4/24/14 Jim’s Rant For The Day. Three Times Around.

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A travel magazine once offered a prize for the best “overbooked flight” story. The winner’s tall tale was the pilot had all the passengers disembark, run around the outside of the plane three times, then re-board. The passengers unable to find a seat were sent back to the terminal.

When I got up this morning, my mind was filled with unconnected thoughts about what to write about. I could not decide which subject to discuss, as each one was unconnected to the other thoughts. Yet they were all in the forefront of my mind. Then it hit me that what is going on globally and economically is just like that, just layers of unconnected actions and directions. There appears to be no cohesiveness out there.

Perhaps there is a reason for the lack of connection or patterns. Roy Potter’s video yesterday may have hit on it. He suggests that the Federal government is now splitting in half and unable to communicate with itself. Half supports the Clintons, Bushs, and the Rothchilds’ Cabal. The other half is supporting the Chinese – Russian alliance and their gold backed currency. He predicts that the Feds will collapse soon leaving the management of the citizens to the state and local governments. The reason for that collapse is the Feds are focusing on the big-money corporations and their future positions in the post collapse. This government split was echoed this week by Ben Fulford saying that the Cabal has split into two feuding factions and cannot now make decisions.

I am currently reading William Forstchen’s book, One Second Afterward. It is about three EMP blasts destroying all electrical and electronics in the U.S. taking us back to a third world status and placing us in a total collapse. The local governments then become the only authorities. His novel details how the larger communities realize they cannot feed or control large populations. So they tell the people to disperse to the outlying communities as they now have food. Of course this was a lie told just to get the masses to leave voluntarily to go off and peacefully die quietly elsewhere. Is this why all the local police have been militarized, to protect the local governments, to keep them in power? Is this what is planned for us; to die off?

Of course none of this has to be this way. Plans are going awry and things are changing fast. Leaders are changing sides. Our Feds are collapsing along with the Cabal, so who knows how it will all end up? In the meantime prepare your head and your family’s supplies.

This weekend Walmart was selling 15 oz. cans of corn and peas for 33 cents each. I tell people to store six cubic feet of food per adult. That will sustain life for three months eating two cans a day, or six months at one can a day. At those prices, that was only $65 per adult for six cubic feet. You can go to Sam’s or Costco and purchase 50 pounds of rice for $17. If you eat rice and beans or peas within eight hours of each other (or together), it becomes your protein. So don’t tell me you can’t afford to prep. Whatever you do, make sure they don’t give you the run around for your life.

Source:  http://src-fla.us/index.php/news2e629/80-rant/250-three-times-around

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U.S HISTORY – the Last Kingdom on the Earth

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Let me give you fair warning…  this is graphic, and very emotional for me, and I imagine for you, too.

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Officials Now Saying Flight 370 Landed! Goose Chase Exposed!

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Neil Keenan Update | Keeping The Fox Out Of The Hen House & The Rothschilds Go Into Hiding

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By The Keenan Team

Little is known what to expect from Neil Keenan. Just when you think you have him pegged, he turns it around, letting you know that you have no idea what he is actually thinking.

Once you let the fox in the hen house only bad things can happen. He brings to our attention the fact that Obama is flying to Asia only to upset the political structure and relationships between the Chinese and the Asiatic allied members of the U.S.   Obama is filling their heads with promises of support and finance (“we will never desert you”) when in fact the US has been deserting everyone that they have pledged to defend.

With the proposed NO FLY ZONE, Neil delivers the idea that in the near future Obama and his cronies will have to enter through the back door, Japan, which means flying over the Pacific Ocean rather than Europe. Their quest to poison Asia is still on the table, but it cannot be accomplished without encountering serious dangers that they never expected.  Who in this world ever expected Neil Keenan to propose a NO FLY ZONE to the Russians, Chinese, Dragon Family and many others in order to eliminate from our world the poisons, death and destruction that we are now suffering from?

In point of fact, a NO FLY ZONE makes perfect sense when we look at everything happening around us. If the fox does not get into the Asiatic and Russian hen houses, then we can safely predict that their efforts to create a New World Order will be in vain. This is precisely where Neil and his team will be working with sure and swift efficiency – the No-Fly documents are being finalized now.

This is a new time – a new world!  Let us take action to conquer these evils so that we can take back our world. And only by taking real action can we ever achieve this.

Featured in this post:

  • The atrocities happening in Donetsk, Ukraine which are not being reported by any media.
  • A question posed: where are the Rothschilds hiding? Putin has put the fear of the “lord” into the Rothschilds, and rightfully so seeing that even their devils cannot help them anymore.
  • Neil announces that our team has now been joined by extremely powerful new allies from the West, all the more assurance that our efforts will be successful.

This update is let you know what is happening and give you a taste of what’s to come.

Source:  http://neilkeenan.com/neil-keenan-update-keeping-the-fox-out-of-the-hen-house-the-rothschilds-go-into-hiding/

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The SEC’s just been caught colluding with the banks it’s supposed to regulate

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Back in 2011, I asked whether the SEC was colluding with banks on CDO prosecutions. And now, thanks to an American Lawyer Freedom of Information Request, we have the answer: yes, they were.

This comes as little surprise: it beggared belief, after all, that every bank would end up being prosecuted for one and only one CDO. But now we have chapter and verse: the key precedent, it seems, was the first one, Goldman Sachs.

The SEC filed its case against Goldman and Tourre on April 16, 2010. Three days later Goldman reached out with a $500 million settlement offer, according to an email that Reisner sent Khuzami. Although that proposal was close to the final payment, it took another three months to announce a settlement. As Khuzami described to Kotz, Goldman wanted a global settlement that resolved not just the Abacus investigation but the SEC’s probes into roughly a dozen other Goldman CDOs. Khuzami didn’t want to give Goldman that public victory. When the SEC and Goldman announced on July 16, 2010, that the investment bank would settle the Abac­us case for $550 million, the SEC said in a press release that the settlement “does not settle any other past, current or future SEC investigations against the firm.” Khuzami was determined that Goldman’s payment only be linked to ABACUS. “This was not a $550 million settlement for 11 cases,” Khuzami told Kotz. “We may tell Goldman that we are concluding our investigations in these other matters without recommending charges, but that doesn’t mean we’re settling them. And that was an important point for us, because we didn’t want them out there saying, you know, they settled 12 CDO investigations for an average of $30 million each, and, you know, didn’t [Goldman] get a great deal.” Yet in its statement on the Abacus settlement at the time, Goldman said that the SEC had concluded a review of other CDOs and did not anticipate recommending claims for now.

It’s quite impressive how quickly and accurately Goldman nailed the amount of money that it would have to pay the SEC to settle the case: when it took three months to come to the $550 million settlement, I for one assumed that Goldman had to be dragged kicking and screaming to that point. In fact, however, Goldman was happy to offer half a billion dollars right off the bat. The tough part of the negotiation was not over the Abacus fine — it was over the question of whether the SEC, with the Abacus prosecution successfully under its belt, would then go after Goldman for a dozen other deals which were functionally equivalent.

The answer was a clear no: Goldman might be equally culpable for 11 other deals, but the SEC quietly assured Goldman — but not the public at large — that none of those deals would result in any charges.

And with the Goldman deal now public knowledge, we can assume that the same nod-and-a-wink deal was struck with all the other one-and-only-one CDO bank prosecutions: Citigroup, JP Morgan, Merrill Lynch (which evidently included Bank of America), Mizuho Securities, Wachovia, Wells Fargo, UBS. Add them all up, and I wouldn’t be surprised if there are 100 unprosecuted CDO deals out there, all of whom had victims just as deserving as the ones who got paid out on the prosecuted deals. Basically, there’s a CDO lottery, and, thanks to the way in which the SEC cozied up to the big banks, the average CDO investor has a very small chance of having won it.

As Khuzami says, if you look at them on a per-CDO basis, the big headline numbers suddenly become much more modest and affordable for Wall Street banks. So there’s a real scandal here: firstly, the SEC was not being fully honest with the public about the deals it was cutting. Secondly, the SEC failed to stand up for CDO investors it should have fought for. Thirdly, the SEC tried to make it look as though it was levying massive fines for single deals, when really the settlements were omnibus deals covering some unknown quantity of CDOs.

Now that this information is public, the SEC should apologize to all of us for its behavior, and promise not to collude with Wall Street again. If it doesn’t, that’s a clear sign that Wall Street’s most salient watchdog is still as captured as ever.

Source:  http://blogs.reuters.com/felix-salmon/2014/04/09/yes-the-sec-was-colluding-with-banks-on-cdo-prosecutions/

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Banker Death ‘Epidemic’ Spreads To China

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Until now, the terrible trail of dead bankers has been only among US and European financial executives. However, as Caixin reports, the increasing pressures on the Chinese banking system appear to have take their first toll. Li Jianhua, director of China’s Banking Regulatory Commission (CBRC), died this morning due to a “sudden heart attack” – he was less than 49 years old. Li was among the main drafters on new “caveat emptor” market-based rules on China’s shadowy banking system and recently said in an interview that “now is not only a time to control risk, but to transform the trust industry.. if it’s too loose, it’s a big problem.” Li was found by his wife.

Via Caixin,

Li Jianhua, director of the CBRC AfDB died due to heart attack, still less than 49 years old. As planned, Li Jianhua this morning to attend a major industry conference.

According to several sources close to the CBRC said, Li Jianhua was revising to 12 o’clock at night.   Unexpectedly around 6:00 this morning, his wife found him passed away, due to sudden heart attack.   Both inside and outside China Banking Regulatory Commission expressed sorrow and regret.

Li was well-known as the author of major China Trust regulations…

Li Jianhua was born in July 1965, Hunan Yongxing, graduated from Wudaokou Finance Institute.   Li Jianhua was the main drafter of “one law two rules” or “People’s Republic of China Trust Law,” “Trust management approach” “Trust Capital Trust scheme management approach,”

It seems clear that Li was somewhat anti-bailout, preferring market forces to fix the trust industry

Li Jianhua has made it clear for the new financial reporters that this understanding is wrong. No. 99 Wen emphasized that “sellers responsible” does not mean that the buyer can zero-risk, high-yield.   Now China has not yet Trustee Ordinance, if the trustee’s duty to strengthen and plug loopholes flaws, accordingly, “caveat emptor” is also strengthened. This is the market rules. … For the trust industry has experienced many ups and downs rectification, Li Jianhua was believed that this industry is still promising, but trust industry needs to find new profit model, there is also the process of transformation…   “if too loose, I’m afraid to be a big problem.”

This brings the sad list of senior financial services exectives who have died in the last few months to 13:

1 – William Broeksmit, 58-year-old former senior executive at Deutsche Bank AG, was found dead in his home after an apparent suicide in South Kensington in central London, on January 26th.

2 – Karl Slym, 51 year old Tata Motors managing director Karl Slym, was found dead on the fourth floor of the Shangri-La hotel in Bangkok on January 27th.

3 – Gabriel Magee, a 39-year-old JP Morgan employee, died after falling from the roof of the JP Morgan European headquarters in London on January 27th.

4 – Mike Dueker, 50-year-old chief economist of a US investment bank was found dead close to the Tacoma Narrows Bridge in Washington State.

5 – Richard Talley, the 57 year old founder of American Title Services in Centennial, Colorado, was found dead earlier this month after apparently shooting himself with a nail gun.

6 – Tim Dickenson, a U.K.-based communications director at Swiss Re AG, also died last month, however the circumstances surrounding his death are still unknown.

7 – Ryan Henry Crane, a 37 year old executive at JP Morgan died in an alleged suicide just a few weeks ago.  No details have been released about his death aside from this small obituary announcement at the Stamford Daily Voice.

8 – Li Junjie, 33-year-old banker in Hong Kong jumped from the JP Morgan HQ in Hong Kong this week.

9 – James Stuart Jr, Former National Bank of Commerce CEO, found dead in Scottsdale, Ariz., the morning of Feb. 19. A family spokesman did not say whatcaused the death

10 – Edmund (Eddie) Reilly, 47, a trader at Midtown’s Vertical Group, commited suicide by jumping in front of LIRR train

11 – Kenneth Bellando, 28, a trader at Levy Capital, formerly investment banking analyst at JPMorgan, jumped to his death from his 6th floor East Side apartment.

12 – Jan Peter Schmittmann, 57, the former CEO of Dutch bank ABN Amro found dead at home near Amsterdam with wife and daughter.

13 – Li Jianhua, 49, the director of China’s Banking Regulatory Commission died of a sudden heart attack

Source:  http://www.zerohedge.com/news/2014-04-23/banker-death-epidemic-spreads-china

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