Derivatives Don’t Cut It
The Fed Cannot Stave Off the Inevitable Market Revaluation by Silver & Gold.
The Fed has yet to learn that you can’t fool Capitalism for very long, but it’s about to get a punishing lesson.
Did the Federal Reserve‘s QE2 program last year simply push the inevitable stock market decline forward a few months? It would seem so. In Remind Us Again Why Anyone Should Own Stocks For the Next Two Years (August 3, 2011) and The Junkie in the Pool and False Idols: Faith in Wall Street and The Fed Has Eroded (August 10, 2011) I included a chart of the current S&P 500 plotted against the two Great Bear Markets of last century, the Great Depression-era Dow Jones Industrial Average (1929 crash) and the Nikkei stock market from 1989.
It certainly looked like all the Fed accomplished with its $600 billion QE2 was stave off the inevitable by a few months:
Courtesy of The Chart Store, here is more evidence that the Fed just pushed the day of reckoning forward a few months: the first charts the current NASDAQ market plotted over the Great Depression Dow, and the second plots the current NASDAQ over the post-1989 Nikkei market.
The similarity of the two Bear market progressions is uncanny. As Ron Greiss of the Chart Store notes on the chart, “Did QE2 prevent nature from pursuing its intended course?” Judging by the recent “unexpected” cascade in stock valuations, it seems the Fed has yet to learn that you can’t fool Mother Nature for very long:
Once again it looks like the Fed’s attempt to stave off the inevitable crash in stock market valuations was temporary rather than permanent:
This week we see the same game plan being worked once again: smash the U.S. dollar and juice the risk trade, as if the inevitable recalibration with reality can be staved off forever. Judging by these three charts, that recalibration will take about another two years.
Perhaps when the stock market reaches its inevitable (i.e. unmanipulated) true value some time in 2013, then the Fed’s attempts to fool Mother Nature will be seen for what they are: catastrophic failures.
America’s Antidote & Powerful Tools To Bankrupt Rothschild Banksters: Silver, Glass Steagall Act H.R. 1489, & The 25th. Amendment!
Remember, Our Congress decided to make The American Taxpayers bailout (cough cough) The Rothschild Banksters on Wall Street to the tune of $700 Billion. But behind Closed doors and for 3 more years they surreptitiously raised that indebtedness to the Audacity $12.8 Trillion. (see here) Of course MSM is in cahoots with the banksters including the surreptitious Fox News. (see here)
- Mark Pittman fought the Fed and now he’s dead. Suspicious.
- The Presidents Who Killed Rothschild Banking Schemes : Andrew & Roosevelt And The Presidents Murdered By Rothschild ~ Lincoln, Garfield, & Kennedy!
THIS IS WHY THE UNITED STATES IS SUFFERING FINANCIALLY. WE ARE UNDER ATTACK BY THE BRITISH BASED GANGSTERS WHO ARE THEMSELVES BANKRUPT.
The purchasing of Silver by as many people possible, will put ‘REAL VALUE’ into the hands of The American Citizen, and close down the fiat money scheme of ‘Banking Derivatives’ by Rothschild. This banking gambling scheme was outlawed by Franklin Delanore Roosevelt and then made legal again by Billy Clinton in 1999.
Silver right now is about $39 per ounce. In 4 Months come back to this post and compare prices.
The Democrats blocked S.190 by The Conservatives in 2001, 2003, & 2005 which would have prevented the housing bubble caused by predatory lending thru fiat credit paper called derivatives. Derivatives on paper only, ‘derive’ a way to lend money by the banks to people using something other than real money, like lending money based upon the value of a bank owned ‘bridge’ or ‘sewage plant’ or ‘apartment houses’ etc etc etc.
The purchasing of silver will literally cause silver to continue to climb in value and every tick up that silver makes, brings Rothschild to his knees, in his attempt to bankrupt & indebt people to his coffers. He’s nothing more than one of two $Trillionaires in the world today, based upon pump/dump schemes. Silver will cause the derivatives to ‘short out’ or fade into being seen by all as the ‘meaningless’ scheme that it is.
FDR’s Glass Steagall Act H.R. 1489 Which Will Wipe The Derivative Debt From America’s Books!
Demand the reinstatement of Glass-Steagall, H.R. 1489, immediately.
112th Congress: 2011-2012
To repeal certain provisions of the Gramm-Leach-Bliley Act and revive the separation between commercial banking and the securities business, in the manner provided in the Banking Act of 1933, the so-called “Glass-Steagall Act”, and for other purposes.
Status: This bill is in the first step in the legislative process. Explanation: Introduced bills and resolutions first go to committees that deliberate, investigate, and revise them before they go to general debate. The majority of bills and resolutions never make it out of committee. [Last Updated: Jul 26, 2011 6:16AM]
What is the 25th Amendment and When Has It Been Invoked?
The 25th Amendment provides two remedies when a president is disabled. 1. The president of his own volition may turn over the power of his office to the vice president. 2. The vice president, with the assent of a majority of the leading members of the cabinet, may make himself acting president on a temporary basis.
The disability clause of the amendment has never been formally invoked until now. Wire Service reports indicate that White House Counsel Al Gonzales has expressly indicated that the president plans to invoke the amendment.
In July 1985 President Ronald Reagan underwent an operation to remove a cancerous tissue from his colon. In anticipation of his operation, which required him to be anesthetized, President Reagan sent a letter to the speaker of the House of Representatives and to the president pro tem of the Senate notifying them that he was turning over the powers of the presidency to Vice President George Herbert Walker Bush: “I have determined and it is my intention and direction that Vice President George Bush shall discharge powers and duties in my stead, commencing with the administration of anesthesia to me.”
This is the procedure outlined in the 25th Amendment, but President Reagan expressly indicated that he was not invoking the amendment. “I do not believe,” he wrote in his letter to the Congress, “that the drafters of this amendment intended its application to situations such as the present one.” Various explanations have been offered for what one scholar, Thomas Cronin, refers to as this “curious sentence.” Cronin has suggested Reagan “and his aides feared that Reagan might have further illnesses and operations and that frequent invoking of this section [of the 25th Amendment] might diminish Reagan’s leadership image.” But it is also possible that Reagan was attempting to avoid setting a precedent that might bind his successors (or himself). Eight hours after he gave up power he signed a second letter taking it back.
Controversy Involving the Disability Clause
In 1981, after being shot by John Hinkley, President Reagan was rushed to the hospital and nearly died from blood loss. The president did not invoke the 25th Amendment, though his aides intensively debated whether he should. In the White House, Secretary of State Alexander Haig famously claimed that he “was in charge” pending the return of Vice President Bush. In fact, in the event of a national security emergency, the vice president and the secretary of defense were “clearly entrusted by Reagan to act in his absence,” according to the latest edition of Edward S. Corwin’s magisterial book, The President.
In 1985 President Reagan again did not invoke the 25th Amendment, but he did at least seem to honor the intent of
the law by notifying the leaders of Congress by letter that he was turning power over to the vice president. That a president can turn over his power without formally invoking the amendment is unclear and has never been tested in court. Oddly, Vice President Bush was not immediately informed about the letter giving him the power of the presidency.
Eight hours after Mr. Reagan signed the letter he took back the power of the presidency by signing a second letter given to
him by White House Chief of Staff Donald Regan. The president was still groggy from the anesthesia and barely managed to scribble his name. General John Hutton, the presidential physician, afterward told the New York Times that the president signed the letter without his knowledge. “I would have waited at least a day,” Hutton said. “I don’t know why his chief of staff insisted on him signing the letter so quickly.” (NYT, Dec. 4, 1996)
- Reuters [Wholly Owned By Rothschild] Says Reid [Elected By Voter Fraud] Moving Forward With Debt Limit Bill.
President George Herbert Walker Bush fell seriously ill twice during his presidency. On neither occasion did he invoke the 25th Amendment. But in 1991, when he suffered from an irregular heart beat, he announced that if he needed electric shock therapy he would temporarily turn power over to Vice President Dan Quayle.
President Clinton never fell seriously ill during his presidency.
Both Presidents George Herbert Walker Bush and Clinton made arrangements with their vice presidents in the event of illness. These contingency plans were never invoked and remain secret.
In 1996 a panel of historians and former White House physicians issued a formal report recommending urgent changes
in the way presidential power is transferred in the event of disability. These changes, which the panel recommended should be put into law, included: (1) a formal requirement that the president and vice president agree on a transfer-of-power contingency plan prior to their inauguration; (2)the president’s personal physician should make primary judgments about the president’s health; (3) the White House physician, who by tradition was a member of the White House Military Office, should be given a formal title outside the chain of military command (for example: assistant to the president); (4) the judgment of the
president’s physical abilities should be determined strictly on the basis of standard medical tests, and (5) presidents should accurately disclose their medical condition, balancing their need for privacy against the public’s need for information.
Twenty-Fifth Amendment: Text
Amendment Text | Annotations
Section 1. In case of the removal of the President from office or of his death or resignation, the Vice President shall become President.
Section 2. Whenever there is a vacancy in the office of the Vice President, the President shall nominate a Vice President who shall take office upon confirmation by a majority vote of both Houses of Congress.
Section 3. Whenever the President transmits to the President pro tempore of the Senate and the Speaker of the House of Representatives his written declaration that he is unable to discharge the powers and duties of his office, and until he transmits to them a written declaration to the contrary, such powers and duties shall be discharged by the Vice President as Acting President.
Section 4. Whenever the Vice President and a majority of either the principal officers of the executive departments or of such other body as Congress may by law provide, transmit to the President pro tempore of the Senate and the Speaker of the House of Representatives their written declaration that the President is unable to discharge the powers and duties of his office, the Vice President shall immediately assume the powers and duties of the office as Acting President.
Thereafter, when the President transmits to the President pro tempore of the Senate and the Speaker of the House of Representatives his written declaration that no inability exists, he shall resume the powers and duties of his office unless the Vice President and a majority of either the principle officers of the executive department or of such other body as Congress may by law provide, transmit within four days to the President pro tempore of the Senate and the Speaker of the House of Representatives their written declaration that the President is unable to discharge the powers and duties of his office. Thereupon Congress shall decide the issue, assembling within forty-eight hours for that purpose if not in session. If the Congress within twenty-one days after receipt of the latter written declaration, or, if Congress is not in session within twenty-one days after Congress is required to assemble, determines by two-thirds vote of both Houses that the President is unable to discharge the powers and duties of his office, the Vice President shall continue to discharge the same as Acting President; otherwise, the President shall resume the powers and duties of his office.
Background to the 25th Amendment
“The Twenty-fifth Amendment was an effort to resolve some of the continuing issues revolving about the office of the President; that is, what happens upon the death, removal, or resignation of the President and what is the course to follow if for some reason the President becomes disabled to such a degree that he cannot fulfill his responsibilities? The practice had been well established that the Vice President became President upon the death of the President, as had happened eight times in our history.
Presumably, the Vice President would become President upon the removal of the President from office. Whether the Vice President would become acting President when the President became unable to carry on and whether the President could resume his office upon his recovering his ability were two questions that had divided scholars and experts. Also, seven Vice Presidents had died in office and one had resigned, so that for some twenty per cent of United States history there had been no Vice President to step up.
But the seemingly most insoluble problem was that of presidential inability–Garfield lying in a coma for eighty days before succumbing to the effects of an assassin’s bullet, Wilson an invalid for the last eighteen months of his term, the result of a stroke–with its unanswered questions: who was to determine the existence of an inability, how was the matter to be handled if the President sought to continue, in what manner should the Vice President act, would he be acting President or President, what was to happen if the President recovered.
Congress finally proposed this Amendment to the States in the aftermath of President Kennedy’s assassination, with the Vice Presidency vacant and a President who had previously had a heart attack.
“This Amendment saw multiple use during the 1970s and resulted for the first time in our history in the accession to the Presidency and Vice-Presidency of two men who had not faced the voters in a national election. First, Vice President Spiro Agnew resigned on October 10, 1973, and President Nixon nominated Gerald R. Ford of Michigan to succeed him, following the procedures of Sec. 2 of the Amendment for the first time. Hearings were held upon the nomination by the Senate Rules Committee and the House Judiciary Committee, both Houses thereafter confirmed the nomination, and the new Vice President took the oath of office December 6, 1973. Second, President Richard M. Nixon resigned his office August 9, 1974, and Vice President Ford immediately succeeded to the office and took the presidential oath of office at noon of the same day.
Third, again following Sec. 2 of the Amendment, President Ford nominated Nelson A. Rockefeller of New York to be Vice President; on August 20, 1974, hearings were held in both Houses, confirmation voted and Mr. Rockefeller took the oath of office December 19, 1974.1”
- Congressman Ron Paul Introduces H.R. 2768: Immediately Strip $1.6 Trillion From Rothschild’s Federal Reserve.
- U.S. Tax Payers Are Rothschild’s Federal Reserve “Derivatives”: They Print The Money & You Pay For It ~ Serfdom Especialite
- Born To Be Wasted: Carrying The Brunt Of Rothschild Usury ~ U.S. Soldier, Middle Class, Disenfranchised, Disabled, & The Young.
- Italy Calls France, United States, & Britain To Immediately Halt Libya War: Italy Blocks Use Of Their Airbases By NATO. Now Rothschild Puts The Screws To Italy!
- Rothschild’s New World Order Multiculturalism: Its All Just A Money Making Hoax ~ That Demands Loss Of Your Own Identity.
- Current Update On United States’ Economy: Debased by Lies, Fraud, and Bogus Statistics ~ Obama Plans To Sneak A 1% Tax On All Bank Transactions HR 4646 After November.
- Obama Assures America’s Slavery To Rothschild’s Banking System: By Printing $110 Billion New USD Per Month And Injects It Into The Commodities Market.
- Bobby Jindal An Exorcist And Rothschild Rhode Agent: Rothschild Agents Take 10 Key Posts In Obama Administration!
- Too Big To Fail Bailout Causes Dollar Devaluation: Rothschild’s Private Federal Reserve ~ Prints New Dollar For United States ~ Violating The Constitution & President Kennedy’s Executive Order.
- British Monarchy’s Debt Loading Of The United States: Turncoat John McCain Repudiating American Citizens!
- While Nation Watched $2.4 Trillion Added To Taxes By Congress: Secretly Obama Has Unilaterally Added $9.5 Billion More For Taxpayers To Pay ~ In Red Tape Bullshit During July!
In 1906, the U.S. stock market was setting all kinds of records. However, in March 1907 the U.S. stock market absolutely crashed. It is alleged that elite New York bankers were responsible.
In addition, in 1907 J.P. Morgan circulated rumors that a major New York bank had gone bankrupt. This caused a massive run on the banks. In turn, the banks started recalling all of their loans. The panic of 1907 resulted in a congressional investigation that ended up concluding that a central bank was “necessary” so that these kinds of panics would never happen again.
It took a few years, but the international bankers finally got their central bank in 1913.
Congress voted on the Rothschild’s Federal Reserve Act on December 22nd, 1913 between the hours of 1:30 AM and 4:30 AM.
In 1913 Jacob Schiff sets up the Anti Defamation League (ADL) in the United States. This organisation is formed to slander anyone who questions or challenges the Rothschild global conspiracy as, “anti-semitic.”
In 1913 Sun Yat Sen was beginning Socialism In China Which culminated into its ugly brother Communism Under Mao Tse Tung. Remember Sun Yat Sen escaped China With A Price On His Head And Received A COLB Just Like Barry Soetoro aka; Obama.
In 1917 Vladimir Lenin With Rothschild over throws The Russian Monarchy starting socialism/communism’s USSR.
A significant portion of Congress was either sleeping at the time or was already at home with their families celebrating the holidays.
The president that signed the law that created the Federal Reserve, Woodrow Wilson, later sounded like he very much regretted the decision when he wrote the following:
“A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men … [W]e have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world–no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and the duress of small groups of dominant men.”
Between 1921 and 1929 the Federal Reserve increased the U.S. money supply by 62 percent. This was the time known as “TheRoaring 20s”.
In addition, highly leveraged “margin loans” became very common during this time period.
In October 1929, the New York bankers started calling in these margin loans on a massive scale. This created the initial crash that launched the Great Depression.
Rather than expand the money supply in response to this crisis, the Federal Reserve really tightened it up.
In fact, it was reported that the U.S. money supply contracted by eight billion dollars between 1929 and 1933. That was an extraordinary amount of money in those days. Over one-third of all U.S. banks went bankrupt. The New York bankers were able to buy up other banks and all kinds of other assets for pennies on the dollar.
But are American students being taught any of this today?
Of course not.
In fact, it is a rare student that can even adequately explain what a central bank is.
We have lost so much of what is important about our history.
And you know what they say – those who forget history are doomed to repeat it.
It is absolutely critical that we educate as many Americans as possible about what is really going on in our financial system and about why we need to make some truly fundamental changes.”
THE TEN MEMBER BANKS OF THE FEDERAL RESERVE
- Rothschild Bank of London
- Warburg Bank of Hamburg
- Rothschild Bank of Berlin
- Lehman Brothers of New York
- Lazard Brothers of Paris
- Kuhn LoebBank of New York
- Israel Moses Seif Banks of Italy
- Goldman, Sachs of New York
- Warburg Bank of Amsterdam
- Chase Manhattan Bank of New York
- Now ask a question – Where is the Federal Government of the United States listed and how much does it get? I will answer it for you, it is not listed because the Federal Reserve is illegal, private, and The United States receives nothing.
- What Gold and Silver Outperformance Means for Barrick and Goldcorp; Report by Profit Confidential (prweb.com)
- Multiple Criminal Investigations Zero In On Rothschild’s Banking Cabal. (politicalvelcraft.org)
- Federal Reserve Actions Are Ominous (amp2012.com)
- The Federal Reserve’s Explicit Goal: Devalue The Dollar 33% (barbaradiamond.blogspot.com)
- Precious-metals charts look positive (marketwatch.com)