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The Solari Report – 02 Apr 2009
In our year-end wrap up, 2008: Looking Back, I said that the big question of 2008 was the same one I have been asking as $4 trillion went missing from the US government: “Where is the money?”
With bailouts now approaching $12-14 trillion and counting (See Bailout Mo’ Money) the importance of this question continued to grow in the first quarter of 2009. With the laws related to public and private financial management treated by insiders as mostly irrelevant, the global financial coup d’ etat underway is becoming more apparent.
Who is in charge? Why are they behaving this way? Where is this going? We know that the first bailout overcame Congressional resistance thanks in no small part to Obama’s intervention and support. Now in office for less than 90 days, Obama has proved himself to the bankers who financed his campaign to be the change on which they were counting. My prediction is that Obama will do more to help the bankers achieve centralized control and one world government than any US politician to date.
For many years, America has led the global economy through defense spending, consumption and financial engineering. At year-end, the US stock market represented 44% of total global stock market float. American financial clout has depended on the dollar serving as the world’s reserve currency and central banks, sovereign wealth funds and global institutional investors buying ever-growing amounts of US Treasury and agency bonds.
I am reminded of one British investment manager who said at a private conference in 2000, “The question of whether or not aliens exist is rising in importance. Now that the Americans have borrowed 80% of all the capital on the planet, it appears that the only place they could go for more capital is off planet.” Actually, there is more that can be extracted on the planet and that is what my Slow Burn scenario and belief that the military holds the US dollar up is all about.
With sufficient military and intelligence force, we can keep financial assets subsidized and financial markets manipulated forever. We just need to be willing to control and depopulate. Which is, indeed, what we appear to be doing. Financial theft and drain can now simply be added to a long list of poisons and control technologies: fluoridation, chemtrails, junk food, TV entrainment and subliminal programming, narcotics trafficking, suppression of health care and energy technology and so forth.
Recently, the proposed health care data system (See The Data Beast) and a carbon trading system were added to the list of methods to accelerate corporate and banking control and general depopulation. The subtle onslaught of tactics to lower the birth rate and the average life expectancy continue in a manner designed to make the general population appear bad and to blame for their failing condition.
The last time the US economy had to work through a dump, in a significant “pump and dump,” I was serving as Assistant Secretary of Housing. The economy was kept going with band-aids through the presidential election in 1988. Things started to come unglued after the inauguration, with the disclosure and corporate and individual tax collection dates in March and April heightening the tension. As growing unemployment and falling state and local revenues resulted in greater and greater pain and bankruptcies, the summer and early fall brought real fears that the global financial system was going to crash.
I remember sitting at Treasury with the Secretary of Treasury Brady and Federal Reserve Chairman Alan Greenspan as we began the government resolutions of failing banks in the third quarter of 1989. You could have cut the fear in the room that day with a knife. I anticipate similarities between the events of 1989 and 2009.
Corporations and investors delivered a lot of bad news as they filed in March. The pension fund losses announced in the first quarter were significant. Now individuals are preparing their taxes for filing on April 15. A stock market rally is easing investors losses in the short run. State governments have been temporarily supported with the stimulus package. However, I expect the pain at the state and municipal levels to rise and the increased interest in asserting states rights to rise with it. ( See States vs. Feds.) Watch for tensions to rise steadily between now and late summer and early fall as we move into the reconciliation of the 2010 federal budget in September.
In this week’s Solari Report (Thursday, April 2), I’m doing a 1st Quarter “wrap-up” looking back at events in the first three months of 2009 and discussing what they mean to our future. Here are some of the charts I will be using in our discussion.
Here’s an outline:
- Davos, G-20 and The Midianite Thing
- Geography is Destiny
- Obama: Change Bankers Can Count On
- Your Pension Fund and 401k
- Local Crime, Disinformation and Covert Ops
- Print Media (and Lots More) Consolidates
- Russia, China & the Shift to Global Governance
- Mirror, Mirror on the Wall, Is the Dollar Going to Fall?
- Opportunities Round Up
- April Solari Reports: Exploring the Worst Case
- Living with the Ostriches in Your Life
Following the first quarter wrap-up, throughout April, we will be exploring the worst scenarios for the economy and how you can successfully prepare and navigate them with Franklin Sanders of The Moneychanger in our precious metals update on April 9th, Dimitry Orlov, author of ReInventing Collapse on April 16th, and Clif High of Half Past Human: Adventures in Future Viewing on April 23rd. One of the many benefits of contemplating the worst case is that it inspires you to take those actions which diversify your resources and build local resiliency. These actions are an excellent investment of your time and will serve you well even if the worst case does not happen.
You can learn more about The Solari Report and subscribe monthly or annually here. Subscribers can access our complete archive of MP3 files.
I hope you’ll join us.
I would include:
1. private armies.
2. funds for social programs and state and local government that is flowed in through the back doors in a way to ensure that real opposition does not emerge.
3. Ditto backdoor funding to corporations to keep them going. A form of government contracts payola with no work involved.
I would add that I believe the advanced technology category is quite significant. A great deal of money is needed to fund weaponry and facilities that can not be disclosed to the Congressional intelligence committees and which are intended to be corporately owned.
One of the more unusual hypothesis I have heard was in early 2006. I was having dinner with two physicists about their personal experiences working with or observing free energy technology. One mentioned that he had gotten a call from a colleague who worked at NASA. The NASA physicist explained, he said, that they were quite under the gun. They are invested trillions in creating a sustainable colony for humans on Mars. However, they could not figure out how to get the planet core reenginergized.
Was the NASA call disinformation? I don’t know. However, the money is going somewhere and these mega space projects, electromagnetic weaponry and mega underground facilities and transportation systems that have been alleged would cost on the order of magnitude of the amounts going missing.
If you watch the documentary Phoenix Lights, ask yourself how much would it cost for the US government and Lockheed Martin, General Dynamics, Boeing, et al. to build such an air ship?
I suspect it was pretty expensive.
Funding Nuclear fusion projects. One interesting thing i read is the computer system created to monitor fusion reactions is as remarkable as the fusion reaction. It’s the core of the intranet. Now we have fusion centers popping up everywhere. Similar to how the computer can take all the pieces of information created in a fusion reaction and make sense of them to better control the fusion reaction. I think they intend do the same with people, to control people like the magnets that control a fusion reaction. All based on their economic theory of self interest and rational behavior. Create penalties for certain decisions so that what they want people to do is the rational decision for people to make and monitor them to see if it’s working. If we were all purely motivated by self interests and always made rational decisions then we would be entirely predictable.
As years roll by I get more and more eskeptic of everything big names do. Just using common sense one can see all this big snowball taking all involved into a big scam/lie of higer popoertions each day. And the ball keeps rolling bigger and the lies with it and truth goes under the ball as it rolls deeper into snow.
How could anyone think we are going to make it in Mars or elsewhere in the Universe if we just can make it here?..nonsense..
Cant even take a stupid car industry into waking upproperly to make real cars according to oil available in the world. Cant even see real value for CDOS, derivates, subprime loans taking the place of real value and wealth for all and not for few.
Cant even see that real rich people think colectively and make a real better economy and society. Thats real wealth.
USA entered the downward period once it bought into the wonderful idea of globalization and free market economy that is suppose to apply to certain countries and under certain circumstances..
Once USA converted into an importer instead of exporter, real economics stopped and currencies started to flow out to East. Turning into a negative economy long time ago but being the depository of “confidence” of all the world there was plenty of money to “spend” and lend to try make beleive there was a real economy houses/mortgages started to be the only generation of somekind of an economy and cosumerism.
You think government ever is going to say we are in bad shape, like Bankers ever say so, or you think any government being “leader” will ever say we were wrong beleiving in globalizaion and free market?..its impossible and first we will see the sun rise blue..you think the megarich guys on top will ever say we were wrong and we need to backup..?..giggles..
Read some more Stiglitz especially “Fair Trade” and discover in horror how the globalization plans to kill so many people around the world. Also read Sachs “the End of Poverty” and of course John Perkins books.
when you gonna wake up ! ? (B Dylan “long train coming” album)
http://www.guardian.co.uk/commentisfree/2008/sep/16/economics.wallstreet
Cheers from Ecuador
Ricardo
I found this link today, and while we appear much further down the rabbit hole than the article, I think it’s an piece to share with the ostriches in our lives: http://www.financialsense.com/editorials/engdahl/2009/0330.html
For anyone who prefers video, this is good, http://www.engdahl.oilgeopolitics.net/
I look forward to reading Engdahl’s latest book.
HERE WE GO FOLKS! TWO OF THE CFR SENATORS ARE MESSING WITH OUR PRIVACY AGAIN ! (that sounds as bad as it ……..violation of our privacy!)
http://wnd.com/index.php?fa=PAGE.view&pageId=93966
Senate bills No. 773 and 778, introduced by Sen. Jay Rockefeller, D-W.V., are both part of what’s being called the Cybersecurity Act of 2009, which would create a new Office of the National Cybersecurity Advisor, reportable directly to the president and charged with defending the country from cyber attack.
Sen. Olympia Snowe, R-Maine, who is co-sponsoring the bill, added, “If we fail to take swift action, we, regrettably, risk a cyber-Katrina.”
Critics, however, have pointed to three actions Rockefeller and Snowe propose that may violate both privacy concerns and even constitutional bounds:
This will be under the control of our President Obama! (Why don’t they just arrest all the Taliban cells in our nation and put them in a Federal Prison, and leave us alone!)
for the complete article go to the page below:
http://wnd.com/index.php?fa=PAGE.view&pageId=93966
54 page PDF file from Dave Baldwin “Free America”.
talks of NWO, banks etc ……a good read.
http://www.freeamerican.com/Images/February%202009%20FA.pdf