Elite
Bankers Pulling Plug On US Economy & Currency By Senator Tim Ferguson, The Ferguson Report 6-10-4 (Posted here by Wes Penre for Illuminati News, June 13,
2004)
- borrowed from
http://www.rense.com/general53/econ.htm -
I
have warned for a long time that the Federal Reserve is planning to destroy
the U.S. economy by: printing the U.S. dollar in exponentially riskier
quantities until it blows off the charts and crashes, and by easing credit
and rates until the average individual and corporate debt loads are so
enormous that the resulting massive distortions in the economy suddenly
bring on an economic heart attack, leaving no possibility of a short or even
medium-term recovery. That day is here!
There is nothing more important in
your life right now than the exceedingly dire economic crisis unfolding as I
write, and the state of your soul!
In other words, if your spiritual
house is not in order, the building financial collapse will be so horrible
that you will not be able to emotionally or mentally endure it, and I am
addressing the healthy and strong here.
This collapse will knock you out
cold, flat on your back, with violence, and most of mankind will never get
back up. While the elite are sending signals to their friends that the
switch has been thrown, that final preparations for safety are now in order,
they are not saying how bad it will be. That is why I began this site,
because I could not find anyone, even doomsayers, who spelled out clearly
what is at stake here. I believe that even the elite, such as Sir Templeton
(more below) do not fully understand the implications of this crash - that
this is the end of America as we know it.
That great criminal enterprise -
the Federal Reserve - has accomplished step #1, trashing and ending the
dollar system, culminating a multi-year, massive, insane inflation of money
supply and credit. The Illuminati corporations such as Freddie Mac, Fannie
Mae, Farmer Mac, FHA, GM, Ford, and GE (which are actually banks), worked
hand-in-hand with the Bank Cartel on this sickening, twisted game, switching
from pumping credit cards and cars (which have gone to zero percent
financing 12 months ago) to a last-ditch horrendous push into mortgage
lending. This insane lending will destroy the lending institutions
themselves, as Ford and GM are well aware, but the elite do not care, as
after this collapse, there will only be one corporation in the world, and
they are all pulling together to put everyone as deep into debt as possible,
to assure than no American state or corporation or region will survive when
the debt mountain suffocates all life. This is why so many CEOs are bailing
out with insane profits from questionable practices which would normally
ruin their career for life, as they have raped their corporation (the latest
is Grasso of the New York Stock Exchange); but they know the game is over,
and it is now or never - this is their last chance to make millions and move
to an island, for insiders are able to see that the economy is literally
going to hell, and it will not climb out of hell in their lifetimes. (Some
of these characters believe they have a room reserved underground to protect
them from what is coming. Some are correct in thinking this, some are not.
But many of those underground cities will be death traps, so you had better
think twice before paying millions for your reservation. There are earth
changes coming that will fundamentally rearrange the crust of the earth,
most likely including your future bedroom.)
The U.S. growth rate (GDP) in
quarter 3 will probably be artificially doubled, as is the U.S. government
custom of late, but it will be such a ridiculously high number, that it
should be obvious to all that the massive inflation from the Federal Reserve
(and mortgage friends) has led to a final blowoff from the massive liquidity
and credit push over the past 9 months. But the housing market is so
overpriced and overbought that mortgages are plunging despite the cartel's
best effort to postpone the long-planned crash with dangerously wild lending
(why they are postponing is not yet clear to me, everything appears ready).
The two great props of the
deathly-sick US economy - housing and cars - are gone forever, and can no
longer be used to cover up the rapidly worsening fundamentals. Indeed, many
are recognizing that these two alone - especially artificially low mortgage
rates - have postponed a deep crash which should have occurred 2 or 3 years
ago. Sadly, this extension has not been helpful, but has served a very
useful purpose for the money elite, namely, greatly deepening private and
corporate debt loads, exploding red ink in state and local budgets to
dangerous levels, emptying pensions, creating a fatally large and exploding
US budget and trade deficit, moving millions of jobs thousands of miles
away, and expanding the dollar and derivatives mountain to ensure a global
panic. This has been carefully coordinated worldwide from the headquarters
of all world central banks, in Basel, Switzerland.
You just don't have a clue how dead
serious this news is!! My guess (and experience) is that less than 1 person
in 100,000 understands how horrible and total the economic devastation will
be in America. Personally, I have met only one person (a broker in Los
Angeles) who understood what was coming. I met him in 1999, shortly before
Sir Templeton said to get out of stocks. I considered this broker in LA to
be a maverick, but expected more and more people to see the danger as the
months went by. I was wrong. Literally, no one gets it. People all around me
and around the world are saying the bottom has been reached, that the light
at the end of the tunnel is growing. They live like everything is normal,
going to the opera and movies, vacationing like life is normal, as if there
was a future of freedom and opportunity awaiting us in the years ahead, as
in the past.
But someone who understands that
life on this earth as we know it will end, lives a radically different
lifestyle. When you see what is coming, and more importantly, why, and from
whom, then movies, weddings, opera and building for the future suddenly lose
all value. I recently wondered aloud to my wife at the dinner table, "how
can the world laugh so heartily, when their lives are so empty and lonely,
and when such tragedy and horror approaches the earth?" Her reply was
classic. "I have always wondered the same thing." I have married well.
If the Bankers are coordinating the
financial destruction of the US, it follows that a time will one day arrive
when they are suddenly given a secret signal to coordinate a "take down" of
the U.S., after debt loads and dollar weakness is established. That time has
arrived.
Evidence Indicates The USA's Plug
Has Been Recently Been Pulled Suddenly, in only the last two weeks, the
warnings are flooding out of high finance like a burst dam. The message is
clear for those who have ears to hear, for these warnings are all from the
same inner circle: it can only mean someone has given the order to release
the hordes of hell and go in for the kill. Some of these items listed below
are reactions from the elite to save themselves and warn their friends.
Other items are legal and political actions to remove any hindrance or
safeguard which heretofore inhibited a sudden and massive implosion. Keeping
in mind that this overwhelming avalanche of dire events occurred over mere
days, here is the list:
Russia announces anti-dollar war.
Last week Russia announced it is now anti-dollar, Russia & socialist partner
Germany discussed switching out of dollars and into euros for financing and,
more importantly, conduct their huge oil transactions in euros, not dollars.
No less than Duisenberg, head of the socialist European Central Bank
(partner of the anti-American Federal Reserve) agreed, as did Communist
Russia's partner, German Chancellor Gerhard Schroeder, in a recent meeting.
[1]
Japan is unloading massive amounts
of dollars, stocks, and US gov debt, as mentioned recently on this site's
"Just The Facts" section. [2]
Elitist Belkin: prepare for
sickening plunge. As the elite analyst Belkin (newsletter costs $35,000 per
year) stated over the last 2 weeks, (quotes are in Just The Facts), even
private American banks are bailing out of US government debt[3], while
Skull-n-Bones Trillionaire Bush explodes US debt into the outer reaches of
never-never land, which means the US must find 300% more buyers to finance
its failing socialist economy than just 2 years ago, (not including
burgeoning state and local debt). This simply isn't possible. Belkin says
"it's time to prepare for a sickening plunge into December and beyond." Bush
is deliberately bankrupting the US for The Bank, while Americans wave their
masonic little flags. We have a new champion in the long history of
astonishingly dumb nations: the Americans under Bush and Clinton are clearly
number one, replacing the Germans under Hitler (the Germans were never shown
how a free-market economy works, and their history is one of dictatorial
kings, and ice-cold and corrupt bishops. What are Americans' excuses?)
Bush/Asia coordinated a sharp
dollar fall two weeks ago at an Asian bloc summit. It is at all-time lows
against the euro as I write, and falling. Last night the Japanese Nikkei
stock market crashed over 5% in one session[4], on banking collapse fears,
and the simultaneous dollar plunge.
ECB, bank ruling Europe: "bail out
of USA." Two weeks ago the top NWO bank of Europe, the ECB, openly warned
Europeans to get out of the U.S. dollar-based economy, including supposedly
"safe haven" US gov treasury bonds.[5] This was printed openly in European
financial papers and television. It is important to realize that the ECB and
the non-American Federal Reserve are two branches of the same cartel. They
are not enemies, although the Fed and the ECB as a team are definitely
enemies of the United States.
SEC to remove crash protection.
After months of giving lip-service to addressing derivatives, short-selling,
and hedge-fund risks, reversed itself and plans to ease the rule banning
short-selling when stocks are falling.[6] In other words, the SEC wants to
suddenly remove all the stops which have prevented many sell-offs from
became a multi-day panic.
This is a huge warning. Without
these stops, and without derivatives regulation, the US markets could in
theory plunge 95% in one day. They will be closed before it goes that far
(which is worse than a crash), but I expect this scenario to now come to
pass. No one is talking about what the unfathomable derivatives bubble will
do on a volatile day. I tell you, it will mean the end of the modern United
States. It will become a banana republic, the mockery of the world, just on
this point. Yet everyone is silent! Am I the only human being amidst a world
of robots? What is going on here?!! The SEC is pushing a panic, but the
authorities are silent! Is every last member of Congress in on this plot
against America?
GSE's wobbling, staff bailing out.
After 5 years of steady, steller growth, the shady mortgage bubble machines
- Freddie Mac, Fannie Mae, Federal Home Loan, i.e. the so-called Government
Sponsored Enterprise (GSE) - started violently wobbling and now desperately
need attention... yet suddenly a headline comes out this week saying, "Bush
Admin Open To Ending GSE Govt Credit Line."[7] Anyone who knows what a GSE
is, how large these behemoths are, and how bloated and sick they are, knows
this headline means Bush & The Bank are pushing the crash button! The GSEs
are the world's biggest debtors, and Bush announces publicly he will now let
them die. Wow. I wonder how many realize that Freddie & Fannie alone will
collapse the US economy?
Insiders quit Wall Street.
Suddenly, the value of a prestigious seat on the NYSE has plunged 27% in
just the last 3-4 weeks. [8] Yet during this same time period, the markets
were reaching new highs, investment banking was promising great earnings
gains, investment on margin and day-trading were again exploding, and the
media was expounding on the amazing rebound. A 27 percent plunge in mere
days, in the face of a Wall Street boom... what does elite Wall Street know
that you don't know?
Sir John Templeton (knighted for
service to the globalists). In a rare interview last week, Sarasota investor
Gary Moore met the legendary (and elderly) Sir John Templeton, in the
Bahamas. Read this slowly: Sir Templeton "has never been more bearish" on
the U.S. markets and economy.[9] He is 92 years old. That means he is older
than the Federal Reserve, i.e. he wasn't even this bearish during the Great
Depression. He is an insider to The Plan, and has been knighted into the
Illuminati for service to the dark forces of the throne of England. You need
to listen to this man; he founded the legendary Templeton Fund, and is a
spokesman for The Bank. He is warning investors to get out of U.S. stocks
and real estate, and says to buy bonds, but not U.S. bonds. He "believes the
dollar will lose 40 percent of its value against foreign currencies in the
coming months" and "will cause the Chinese and Japanese, who own 36 percent
of all U.S. foreign debt, to sell their bonds and mortgage obligations and
take their money out of the country." Usury, Inc. warned 9 months ago that
real estate was peaking (price rises slowing; repossessions soaring, and
mortgage apps plunging), and that the stage was being set for a catastrophic
real estate collapse... so bad that homes and commercial property couldn't
be sold at ANY price. Several months later in July, Sir Templeton made a
seemingly outrageous statement (which is posted in "Just The Facts" archives
on this website) that real estate would plunge 90%.
Gold extremely volatile This week,
gold suddenly surged $5 per day. On Monday, it started at $371 / oz. This
afternoon it broke $392. This has not happened in recent history. Are
insiders loading up because the "signal" has been given regarding the U.S.?
If the U.S. economy is surging and 2 million jobs will be created within 12
months (as Illuminatus Treasurer Snow said yesterday), then why is gold
suddenly surging faster than any time in recent memory, in concert with the
above disturbing information? Could it be a catastrophic event is underway
and you are intentionally left in the dark?
Adam Hamilton, CPA, publisher of
the acclaimed Zeal Intelligence newsletter, says: "Extreme greed which
spawns extremely low volatility was never sustainable in the past... The
bottom line is that the [extremely low] S&P 500 volatility that we are
witnessing these days [is] heralding a big move coming in the US stock
markets. Contrary to all the widespread euphoria and predictions of a new
secular bull market, the volatility is desperately trying to signal that
this next major move will be down, quite probably hard."[10]
Robert Prechter, the famous
financial guru and author warns, "Understand that I am not nervously bearish
or on the fence. I am all-out, no-holds-barred, shout-from-the-rooftops,
yet-another-opportunity-of-a-lifetime bearish.
BEARS lay there waiting for SPRING.
Bears stuff in times of plenty and fast in times of barren cold. DO NOT buy
property now. DO not buy stock now. Wait for the crash. It started early MAY
when interest rates were hiked 1 1/4 % a big leap, as I warned they would
be, at this time, using the Mars/ Saturn conjunction in MOONCHILD, on BUSH
and on USA chart. bursting the inflationary housing bubble! SELL HOUSE NOW.
Buy in 9 mos.
