Daily Archives: February 27, 2009

Economy shrinks by 6.2%; Repo Violence; Minnesota loses 20,700 jobs

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President Obama finally did something that I agree to:
-Ordered the withdrawn of tens of thousands of soldiers from Iraq
-19-month deadline for withdrawing “combat” forces
-most of them will be withdrawn by Aug. 31, 2010
-Unfortunately, we could still have as many as 50,000 until the year 2011

http://www.washingtonpost.com/wp-dyn/content/article/2009/02/27/AR2009022700566.html?hpid=topnews

U.S. Economy Shrank 6.2% Last Quarter, Most Since 82
-more than economists anticipated
-Consumer spending, which comprises about 70 percent of the economy, declined at the fastest pace in almost three decades.
Bill Cheney, chief economist at John Hancock Financial Services Inc. in Boston SAID
There has been no evidence that the pace of decline is slowing at all, there are other shoes waiting to drop,
QUESTION: When should we start using the word DEPRESSION?

http://www.bloomberg.com/apps/news?pid=20601087&sid=arvmEfnEL1OI&refer=home

JPMorgan Chase now says up to 14,000 jobs will be cut

http://www.newsday.com/business/ny-bzmerg276051258feb27,0,3829669.story

Report: Minnesota loses 20,700 jobs in January
-state has lost 75,000 jobs over the past year.
-Unemployment rate was 6.9 percent in December
*even the states will more education are starting to feel the pain

http://www.forbes.com/feeds/ap/2009/02/26/ap6101233.html

The Government is trying to save CitiGroup
-Treasury Dept. is converting $25 billion in government-held preferred shares to common equity
But thats if private investors contribute the same amount.
-third rescue attempted by the Federal government — major aid package for Citigroup since mid-October
-bottomline: The government will own 36% of Citigroup

http://www.cnbc.com/id/29420036

Eastwood thinks political correctness has made society humourless
*I agree. Now obviously theres a line that should not be crossed, but I think political correctness has damaged the society in many other ways
*I think its made relationships and friendship more superficial
*I get the feeling that people never really speak what they mean
And when they do, people attack them.
*Im really sick of having all of these empty conversations.
*Example: Asian girl in the air force story
QUESTION: Do you think that people have taken political correctness too far?http://in.news.yahoo.com/139/20090227/906/ten-eastwood-thinks-political-correctnes.html

Violence between repo men, car owners on the rise
-67-year-old railroad retiree, Jimmy Tanks, heard a commotion outside of his trailer 2:30 in the morning
-he grabbed his gun, found some guy messing with his car and opened fire.
-The other man turned out to be a repo man, and he also had a gun. Jimmy Tanks killed .
-Repo man, Kenneth Alvin Smith, since Tanks was killed, two repo men from Smiths company have been killed.

http://www.google.com/hostednews/ap/article/ALeqM5iaaQN6zDfZeaZR1atOK6LGsWrnfgD96JUJKO0

Author: DEMCAD
Keywords: Economy shrinks 6.2% Repo Violence Political Correctness JPMorgan Chase Minnesota Unemployment rate President Obama Iraq troops soldiers withdraw Job Loss Depression Recession economic collapse Flint Michigan Ketchikan Alaska bubba008009 george4title FeverIAm UROUTofTIME visionvictory manoftruth supafaith AirelonTrading davincij15 aravoth TLHMax SafeArmsReview Gerald Celente GeraldCelenteChannel financialhippie Steven6229 thefordshowcom
Added: February 27, 2009

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CNBC Analyst: Global Bank, Global Currency Within 15 Years

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Globalists exploit financial crisis to pose as saviors and achieve new world economic order

Paul Joseph Watson

http://prisonplanet.com

Friday, February 27, 2009

Head of market analysis for Schneider Foreign Exchange Stephen Gallo told CNBC yesterday that the financial crisis will lead to the creation of a global central bank and a global single currency within 15 years, echoing the call of top globalists who have exploited the problems they created to push for a new world financial order.

Highlighting the significance of the introduction of the Euro, Gallo said that the single currency was where we are headed globally on a monetary basis over the course of the next 10 to 15 years.

Stating that one of the things that caused the financial crisis was an over expansion of the money supply on a global basis, Gallo said, Over the course of the next couple of decades central banks are going to need to pay more attention to whats going on with the global money supply rather than the money supply just in their own borders, a necessity that, might call into question the need for some kind of global central bank or a global central bank thats united by central banks for bigger monetary areas underneath that global central bank.

As we have highlighted before, the elite have exploited the problem that they created to push for increased centralization and regulation of the world economic system in the pursuit of a de-facto global financial dictatorship.

British Prime Minister Gordon Brown, EU heads such as Joaquin Almunia and establishment media outlets like the Wall Street Journal amongst many others have all used the economic crisis as an excuse to argue for greater financial power, a new world economic order in which control is concentrated into fewer hands – with the IMF and the World Bank enjoying the spoils.

UK Business Secretary and top Bilderberg member Peter Mandelson has also pushed for a Bretton Woods for this century, to help build the machinery of global economic governance.

Former UK Prime Minister Tony Blair, German Chancellor Angela Merkel and French President Nicolas Sarkozy all made the same appeal at a conference in Paris on the future of capitalism last month.

Merkel called for the creation of a new global economic body under the UN, similar to the Security Council, to judge government policy.

Sarkozy called for a new world, new capitalism during his speech, as he commented In capitalism of the 21st century, there is room for the state.

Meanwhile, Blair called for a new financial order which he said should be constructed upon values other than the maximum short-term profit.

The globalists created the problem of wildly irresponsible fractional reserve banking, the debt bubble and the credit crunch by ceaselessly inflating the money supply and now they are offering their solution to the crisis by posing as the saviors and promising to fix the crisis, but only if complete control of the global financial system be signed over to them.

As Ron Paul, Peter Schiff and their ilk have tirelessly argued, the only way to solve the financial crisis is to allow incompetent banks and companies to fail, not to reward their misdeeds by giving them billions in taxpayer money. The only way to re-capitalize the world is to provide incentives for people to work hard and save money, not by creating more credit out of thin air, which is what caused the problem in the first place.

The globalists call for a centralized global economic order has nothing to do with providing solutions to the crisis but everything to do with providing themselves with more power and control over the world financial system.

http://infowars.com

Author: RealHistoryChannel
Keywords: illuminati global media news politics government corruption new world order masonic ritual elite alex jones icke david police state martial law current events inside job
Added: February 27, 2009

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