rev.joshua skirvin's Posts (5343)

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Estulin quotes them as saying, “The idea is to give to each country a political constitution and an appropriate national structure, organized for the following purposes: (1) to place political power in the hands of chosen people and eliminate all intermediaries, (2) to establish a maximum concentration of industries and suppress all unwarranted competition, (3) to establish absolute control of prices of all goods and raw materials (Bilderberger makes it possible through the iron grip control of the World Bank and the International Monetary Fund and the World Trade Organization), and (4) to create judicial and social institutions that would prevent all extremes of action.”

I couldn’t have said it better myself. Here they, themselves, tell how they “intend” and are now in the process of taking over the world through collapsing the economies. They have the power and money plus they are all evil in their “intent” for a one world empire. These people move their industries to third and fourth countries where the labor is dirt cheap, make their products with no restrictions, and then send them back with their company name on it, and sell them, making a huge profit, at a loss of millions of jobs back home in western society. This causes us all to depend on other countries for our goods. Who’s being fooled?

The real question is how can we stop them in the next eight years? And if we don’t, who will? Mother nature, Earth changes Universe and galaxy changes, Dimensional changes, Space brothers, Spiritual hierarchy, Or the raising up of the super or cosmic consciousness ? The mass needs to awaken and rise up before it is too late. No one else can do it for us. They can help, but now we are a free and sovereign planet, at least for a short while longer and the space brothers can only interfere if we ask them to or if we the people and the planet are a danger to the universe (which we are now).

Right now we are a danger mostly to ourselves. So what to do? Let’s do our homework. Open our minds. Come out of denial. They’re getting away with everything so far because we let them. We believe their lies and deception. We couldn’t be bothered with politics or voting or joining an organization that could help and support society. Basically we are still children. We want someone else to do it for us, to be our so called parents, to take care of us. We have become lazy and complacent, non-caring of what is happening around us. They’ve been at this for many hundreds of years. Where were we all that time, sleeping? We can control our dreams if we wake up in them in time. We can control our world if we wake up in time. Where to start and how to do it? Everyone should start wherever they are now in their awakening! We need to go where our hearts and minds lead us. Stay away from fear! It only feeds the dark forces and pulls us down, draining our energy.

We need to find ways in our own personal life that we can change things to become independent of them. It is important to become spiritually awake, not religious but spiritual. Our guides will help us if we ask. Let’s change our energy habits, use less. Change our automobiles. Find a way to run them very cheaply on LPG and/or alcohol using a carburetor and/or flex system. Change our food and clothes and learn to recycle. There are a lot of things we can do for ourselves. I know because I did it while living in the last of the bush in San Ignacio, Belize, providing my own energy sources and different sorts of cheaper fuels (LPG) etc. Plus rain water but very little of my food on just one lot; my lot is black clay so I had to grow food in pots, sprouting jar’s and a tiny garden. Plus I have the world’s largest ant colony in the next lot, and they like to eat my plants. Actuality, I’ve been doing most of this (except for the food) for the past 35 years.

If the Illuminati continue at their present sped up rate they will succeed and we will fail. Is that what we want? There is much we can learn to take control of, in everything around us. Don’t buy what they tell us to buy, but only what we need and can use. Recycle and fix things. Keep them as long as possible. There are many ways to repair things nowadays. We can make and put together things ourselves. Start a garden. Do sprouts. Make our own yogurt, cheese and food. Get some chickens. Get started before it’s too late. Make contact with your neighbors and local community.

We can learn to do whatever we want if we really do want to change. If not we will find ourselves as subjects, slaves to these DC people. We’re already under their control somewhat now. Get rid of credit cards. Put savings into the cash and gold, “silver” and other precious metals. Pay off bills and mortgage and credit cards or sell the house and buy a smaller one in cash and move to the country. Blow up the television. Throw away the paper. Tune into Coast to Coast AM. Read Nexus magazine. Buy new survival books.

But I’m not finished lecturing yet. We all need a kick in the rump or jump start. Well, there’s more. We need to know more about this World Bank and the infamous IMF, the ruling class of the new caste system. The World Bank goes back to WWII as a whole, but these same banker families have been backing wars much longer. They were the first truly Invisible Global Empire created without the military. They also sold weapons to both sides of wars. But they themselves did not have a military to fight for them until recently. Now they own private army’s such as Halliburton and the UN army works for them. Actually if you think about it the us military and many others work for them, such as the real reason the US invaded Iraq was to get the 1200 oil well’s for the oil company’s and the Invasion of Afghanistan is to protect the oil pipe lines and the worlds largest dealer and manufacture of drugs. Today the World Bank which is owned by the Illuminati banking elite created an off shoot called the IMF that takes over the third world countries through economics.

They work in many different ways and use what is now called economic hit men. Perhaps the most common one is as John Perkins, an ex-economic hit man himself, states,from his book “They will identify a third world country that has resources their corporation covet, such as oil. Then they arrange a huge loan to that country from the World Bank or one of its sister organizations (IMF). The money never actually goes to the country. It goes instead to U.S. corporations who build big infrastructure projects, power grids, industrial parks, harbors, highways, things that benefit a few rich people but do not reach the poor at all!!

“Most of the poor are not connected to the power grids and if they are the cost of electricity goes up and up. They don’t have the skills or education to get jobs in industrial parks. But they and the whole country are left holding this huge debt. And it’s such a debt that the country can’t possibly repay it. “So at some point in time, the economic hit men go back to the country and say, ‘Look, you owe us a lot of money. You can’t pay your debt, so you’ve got to give us a pound of flesh.’ That’s when they start to take the oil for instance. Also they have them refinance their loans making the interest double compounded. Then they say, Now you must impose new high taxes on the people to repay the loans. And they freeze the wages. They raise the taxes upon the people until it breaks their backs.” This usually happens when the taxes reach 80 percent. Then the poor countries collapse. Many of the 48 third world countries that have gone this way have collapsed. It has happened to many countries here in Central America “like Belize”. At 85%

The ones that don’t get the fast kill get the slow kill, such as Guatemala. I use to travel there on a low budget vacation and buy crafts or handmade items to take back to the states to sell, which paid for my vacation. I did this from 1992 to 1996 but in those four years the prices had doubled. Guatemala borrowed money from the IMF/World Bank and the people had to pay it back in taxes. So the cost of living for them and the tourists went way up, nearly 75 percent. They lost most of their tourist trade and business. Today the people there are extremely poor. And American factories are brought in such as the plastics and pharmaceutical drug industries. Those who are lucky enough to find work in these companies only make 25 to 50 cents U.S. per hour. Many have left for other countries like Mexico and Belize.

Mexico has gone through this as well. When I first drove down in 1994 to Belize, Mexico had borrowed from the IMF for their roads. I saw the signs in English, “Paid for by the IMF World Bank.” The burden of tax was so heavy that the peso became worthless. It went to 3,000 to 1 us$ and back to zero. They had to start all over again. It was crazy. I had to fill up on fuel no matter what the prices were because maybe the next town didn’t have any, same in the shops for food. Things were tough for the people. Today not many Americans go to Mexico for cheap goods except for pharmaceuticals drugs. Now there are U.S. companies like Wall-mart and Sam’s Club in Mexico. Belize gets much goods coming from Mexico. And the new government has borrowed money again from the IMF. Even up to and including 2012,30yrs sense its false so called independence!!

Read more…

The Borax Conspiracy

How the Arthritis Cure has been Stopped

Walter Last

 

You may not be able to imagine that borax, this humble insecticide and laundry detergent, has the potential of singlehandedly bringing down our entire economic system. But you do not need to worry, the danger has been recognised and the necessary steps are already being taken to defuse the situation. I will start with the basics and you will understand what I mean as the story unfolds.

Borax is a naturally occurring and mined mineral salt and the source of other manufactured boron compounds. The main deposits are in Turkey and California. Chemical names are sodium tetraborate decahydrate, disodium tetraborate decahydrate, or simply sodium borate. This means it contains four atoms of boron as its central feature combined with two sodium atoms and ten molecules (or sometimes less) of crystallisation water. All borax is naturally mined, there is no synthetic borax, the difference is only how much crystallisation water it contains - decahydrate means 10 water molecules, pentahydrate means 5, and anhydrite means 0 water; chemically it is all the same.

Therefore, borax is the sodium salt of the weak boric acid. Because sodium is more strongly alkaline, this makes a solution of borax strongly alkaline with a pH between 9 and 10 (pH 7 is neutral). When ingested, it reacts with hydrochloric acid in the stomach to form boric acid and sodium chloride. The boron content of Borax is 11.3% while for boric acid it is 17.5% or about 50% higher. Ingested boron compounds are rapidly and nearly completely excreted with the urine. Formerly boric acid was widely used as a preservative in foods but is now banned for this purpose in most countries, and is also banned from public sale in Australia.

According to conventional medicine it is not known if boron is essential for humans but research shows that we do need it. The reason why it was difficult to answer this question is the presence of boron in all plants and unprocessed foods. Diets with a fair amount of fruit and vegetables provide about 2 to 5 mg of boron per day, but this also depends on the region where the food was grown and how it was grown.

In reality the average intake in developed countries is 1-2 mg of boron per day. Institutionalized patients may receive only 0.25 mg of daily boron. Chemical fertilizers inhibit the uptake of boron from the soil:  an organic apple grown in good soil may have 20 mg boron, but if grown with fertilizer it may have only 1 mg of boron. Fertilizers combined with poor food choices have greatly reduced our boron intake compared to 50 or 100 years ago.

Further, unhealthy cooking methods greatly reduce the availability of boron from food. The cooking water of vegetables containing most of the minerals may be discarded during home cooking or commercial processing; phytic acid in baked goods, cereals and cooked legumes may greatly reduce availability, while gluten sensitivity and Candida overgrowth inhibit the absorption of minerals. All this makes health problems due to boron deficiency now very common.

Health Effects of Boron

Due to their content of boron, borax and boric acid have basically the same health effects, with good antiseptic, antifungal, and antiviral properties but only mild antibacterial action. In plants as well as animals boron is essential for the integrity and function of cell walls, and the way signals are transmitted across membranes.

Boron is distributed throughout the body with the highest concentration in the parathyroid glands, followed by bones and dental enamel. It is essential for healthy bone and joint function, regulating the absorption and metabolism of calcium, magnesium and phosphorus through its influence on the parathyroid glands. With this boron is for theparathyroids what iodine is for the thyroid.

Boron deficiency causes the parathyroids to become overactive, releasing too much parathyroid hormone which raises the blood level of calcium by releasing calcium from bones and teeth. This then leads to osteoarthritis and other forms of arthritis, osteoporosis and tooth decay. With advancing age high blood levels of calcium lead to calcification of soft tissues causing muscle contractions and stiffness; calcification of endocrine glands, especially the pineal gland and the ovaries; arteriosclerosis, kidney stones, and calcification of the kidneys ultimately leading to kidney failure. Boron deficiency combined with magnesium deficiency is especially damaging to the bones and teeth.

Boron affects the metabolism of steroid hormones, and especially of sex hormones. It increases low testosterone levels in men and oestrogen levels in menopausal women. It also has a role in converting vitamin D to its active form, thus increasing calcium uptake and deposition into bone and teeth rather than causing soft tissue to calcify. Also other beneficial effects have been reported such as improvement of heart problems, vision, psoriasis, balance, memory and cognition.

The German cancer researcher Dr Paul-Gerhard Seeger has shown that cancer commonly starts with the deterioration of cell membranes. As boron is essential for cell membranes and boron deficiency widespread, this may be an important cause for the initiation of tumour growth. Boron compounds have anti-tumour properties and are "potent anti-osteoporotic, anti-inflammatory, hypolipemic, anti-coagulant and anti-neoplastic agents" (1).

This overview shows the wide-ranging influence of boron on our health. In the following I want to describe some of these health effects in greater detail.

The Arthritis Cure of Rex Newnham

In the 1960's Rex Newnham, Ph.D., D.O., N.D, developed arthritis. At that time he was a soil and plant scientist in Perth, Western Australia. Conventional drugs did not help, so he looked for the cause into the chemistry of plants. He realized that plants in that area were rather mineral deficient. Knowing that boron aids calcium metabolism in plants he decided to try it. He started taking 30 mg of borax a day, and in three weeks all pain, swelling and stiffness had disappeared.

He told public health and medical school authorities about his discovery but they were not interested. However, some people with arthritis were delighted as they improved. Others were scared to take something with a poison label on the container and meant to kill cockroaches and ants. Eventually he had tablets made with a safe and effective quantity of borax.

Within five years and only by word of mouth he sold 10,000 bottles a month. He could no longer cope and asked a drug company to market it. That was a major mistake. They indicated that this would replace more expensive drugs and reduce their profits. It so happened that they had representatives on government health committees and arranged that in 1981 Australia instituted a regulation that declared boron and its compounds to be poisons in any concentration. He was fined $1000 for selling a poison, and this successfully stopped his arthritis cure from spreading in Australia. (2)

Subsequently he published several scientific papers on borax and arthritis. One was a double-blind trial in the mid 1980's at the Royal Melbourne Hospital which showed that 70% of those who completed the trial were greatly improved. Only 12% improved when on placebo. There were no negative side-effects, but some reported that their heart ailment had also improved, and there was better general health and less tiredness. (3)

Most of his later research was devoted to the relationship between soil boron levels and arthritis. He found, for instance that the traditional sugarcane islands, due to long-term heavy use of fertilizers, have very low soil-boron levels. Jamaica has the lowest level and arthritis rates are about 70%. He noted that even most dogs were limping. Next comes Mauritius with very low boron levels and 50% arthritis. The daily boron intake in these countries is less than 1 mg/day. An interesting comparison is between Indian and native Fijians. The Indians are estimated to have an arthritis rate of about 40% and eat much rice grown with fertilizer while the native Fijians with an estimated arthritis rate of 10% eat mainly starchy root vegetables grown privately without fertilizer.

The US, England, Australia and New Zealand generally have average soil-boron levels with an estimated intake of 1 to 2 mg of boron and arthritis rates of about 20%. But Carnarvon in Western Australia has high boron levels in soil and water, and the arthritis rate is only 1%. It is similar in a place called Ngawha Springs in New Zealand with very high boron levels in the spa water which is curative for arthritis. Actually all spas reputedly curing arthritis have very high boron levels. These are also high in Israel with an estimated daily boron intake of 5 to 8 mg and only 0.5 - 1% arthritis.

Bone analysis showed that arthritic joints and nearby bones had only half the boron content of healthy joints. Equally, synovial fluid that lubricates joints and provides nutrients to the cartilage is boron deficient in arthritic joints. After boron supplementation bones were much harder than normal and surgeons found them more difficult to saw through. With additional boron bone fractures heal in about half the normal time in both man and animal. Horses and dogs with broken legs, or even a broken pelvis, have fully recovered.

Borax is also effective with other forms of arthritis, such as Rheumatoid Arthritis, Juvenile Arthritis, and Lupus (Systemic Lupus Erythematosus). For instance Dr Newnham saw a young girl aged 9 months with juvenile arthritis. He was able to cure her in 2 weeks.

He wrote that commonly people can get rid of their pain, swelling and stiffness in about 1 to 3 months. Then they can reduce treatment from 3 to 1 boron tablet (each 3 mg) per day as a maintenance dose so that they can avoid any future arthritis. He also stated that patients with rheumatoid arthritis commonly experienced a Herxheimerreaction and that this is always a good prognostic sign. They must persevere and in another 2 or 3 weeks the pain, swelling and stiffness will be gone. (4,5)

I found this statement not only interesting but also surprising. The Herxheimer reaction is an early aggravation of symptoms with increased pain. It is commonly due to toxins released by killed Candida and mycoplasma. This is very common with antimicrobial therapy, and borax definitely is an exceptionally good and strong fungicide. What surprises me, however, is that this fungicidal effect is already present at this rather low dose of 75 to 90 mg of borax. Equally surprising is the finding that also up to 30% of those with osteoarthritis experienced a Herxheimer reaction, suggesting that the border between osteoarthritis and rheumatoid arthritis is rather fluid. I believe that in long-standing and especially resistant cases it will be advisable to use other antimicrobials in addition. For co-factors in arthritis treatment  also see my article Arthritis and Rheumatism or the booklet OVERCOMING ARTHRITIS.

Osteoporosis and Sex Hormones

Boron deficiency causes greatly increased amounts of  calcium and magnesium to be lost with the urine. A borax supplement will reduce the daily loss of calcium by nearly 50%. As this calcium comes mainly from resorbed bone and teeth, boron deficiency may be the most important factor in causing osteoporosis and tooth decay.

It has been estimated that 55% of Americans over 50 have osteoporosis and of these about 80% are women. Worldwide 1 in 3 women and 1 in 12 men over the age of 50 may have osteoporosis, and this is responsible for millions of fractures each year. Rats with osteoporosis were given a boron supplement for 30 days with the result that their bone quality was now comparable with that of the healthy control group and of a group supplemented with oestradiol (6).

The beneficial effect of borax on bones seems to be due to two interrelated effects: a higher boron content of the bones which makes them harder, and a normalisation of sex hormones which stimulates the growth of new bone. Low oestrogen levels after menopause are thought to be the main reason why so many older women develop osteoporosis. In men testosterone levels decline more gradually which seems to be reflected in their later onset of osteoporosis as a group.

Research has now shown that boron supplementation in postmenopausal women doubles the blood level of the most active form of oestrogen, 17-beta oestradiol, to the level found in women on oestrogen replacement therapy. Equally, the blood levels of testosterone more than doubled (7). With HRT there is a higher risk of breast or endometrial cancer which is not known to happen with hormones produced by the body as with borax supplementation.

Some women get premenstrual problems because oestrogen levels are too high and progesterone too low, and therefore may be afraid of using boron. However, I found no evidence that boron raises oestrogen above normal healthy levels. Boron may balance levels of sex hormones similar to the action of maca root powder. Maca acts on the pituitary gland not only to increase but also to balance our sex hormones and seems to stimulate our own progesterone production as needed.

A recent study in younger men (29 - 50) showed that the level of free testosterone (the form that matters most) had risen by one third after a daily supplementation of about 100 mg of borax for one week (8). This is of special interest for bodybuilders.

Contrary to the medical preference of chemically castrating men with prostate cancer, research with boron has shown that elevated testosterone levels are beneficial by shrinking prostate tumours and PSA levels, PSA being a marker for tumours and inflammation in the prostate. Also significantly improved memory and cognition in elderly individuals may be partly due to increased levels of sex hormones and partly to improved membrane functions of brain cells (9).

I have been asked about boron supplementation for women with oestrogen-sensitive breast cancer. Breast cancer is related to calcifications in the breast. In my opinion it is more important to normalize the calcium-magnesium metabolism and cellular membrane functions rather than feel restricted by a possibly faulty medical concept, especially as I believe that cancer can usually be controlled with long-term antimicrobial therapy. Therefore I would use boron as well as maca in this case.

Fungi and Fluoride

Being such an excellent fungicide it is not surprising that borax is being successfully used to treat Candida. There is much interesting information on an Earth Clinic forum called Borax Cures (10). With low to medium-weight people use 1/8 teaspoon of borax powder and with heavier weight 1/4 teaspoon per litre of water. One drinks the water spaced out during the day, and does this for 4 or 5 days a week as long as required. 

Many contributors wrote that it cured or greatly helped them. So for instance this post: "I also have psoriasis, so maybe the soreness in my joints is the psoriatic arthritis creeping in. I thought, after reading about borax here on this forum, I would give it a try. OMG! In one day, the soreness in my knees has vanished! .... Also, my psoriasis seems a lot better after 2 days drinking 1/4 tsp borax in 1 litre of water per day."

Another one about toe fungus: "He wet his feet and then took a handful (of borax) and rubbed it all over his feet. He said it stopped itching immediately! He was stunned. A few weeks later I asked him how his athletes foot was and he said: oh wow! it hasn't come back! that stuff totally cured it !!!"

Other enthusiastic posts were about vaginal thrush. Borax appeared to be more effective than other remedies. Commonly one large gelatine capsule filled with borax or boric acid was inserted at bedtime for several nights or up to 2 weeks. Alternatively the powder can be mixed with cool solidified coconut oil as a bolus or suppository.

A recent scientific study (11) confirms these positive observations with vaginal thrush. Boric acid at the dose of a filled capsule worked even in cases of drug-resistant Candida and against all the tested pathogenic bacteria. Because of the greater dilution, a douche may not be strong enough for bacteria and drug-resistant Candida but it should work for normal Candida. Borax, due to its alkalinity, was more effective than boric acid.

In normal healthy conditions Candida exists as harmless oval yeast cells. When challenged, chains of elongated cells called pseudohyphae develop, and finally strongly invasive long, narrow and tube-like filaments called hyphae. These damage the intestinal wall, and cause inflammation and Leaky Gut Syndrome. Pseudohyphae andhyphae can be seen in the blood of individuals with cancer and autoimmune diseases. Candida can also form tough layers of biofilm. This same study shows that boric acid/borax inhibits the formation of biofilms and also the transformation of harmless yeast cells into invasive hyphal form. In other articles I have shown that this process, commonly initiated by antibiotics, is a basic cause of most of our modern diseases, and this makes borax and boric acid primary health remedies. But this article shows that there are many more reasons to give them a top rating.

A scientific review in 2011 concluded: "... boric acid is a safe, alternative, economic option for women with recurrent and chronic symptoms of vaginitis when conventional treatment fails..." (12). But as it is so much better than drugs why not use it as a first option, or use the even more effective borax?

Another study from Turkey (13) shows the protective effect of boric acid on food contaminated with mycotoxins, especially fungal aflatoxins. Among these, Aflatoxin B1(AFB1) causes extensive DNA damage and is the most potent carcinogen ever tested, especially affecting liver and lungs, also causing birth defects, immunotoxicity and even death in farm animals and humans. Boric acid treatment was protective and led to increased resistance of DNA to oxidative damage induced by AFB1. The strong antifungal action of boric acid is, of course, the reason why it has traditionally been used as a food preservative.

Borax, similar to the equally endangered Lugol's iodine solution, can also be used to remove accumulated fluoride and heavy metals from the body (14). Fluoride not only causes bones to deteriorate, but also the pineal gland to calcify and the thyroid to become underactive. Borax reacts with fluoride ions to form boron fluorides which are then excreted in the urine.

In a Chinese study borax was used to treat 31 patients with skeletal fluorosis. The amount was gradually increased from 300 to 1100 mg/day during a three month period, with one week off each month. The treatment was effective with 50 to 80% improvement.

One forum contributor suffered with Fibromyalgia/Rosacea, chronic fatigue and TMJ for over 10 years which she believed were caused by fluoride. She used 1/8 tsp of borax and 1/8 tsp of sea salt in a litre of de-chlorinated water, and drank this for 5 days each week. Within two weeks her face cleared, the redness faded, body temperature normalized, energy level increased, and she steadily lost excess weight. The only side-effect was an initial aggravation of her Rosacea symptoms.

Another post: "7 years ago thyroid cancer, the next year adrenal fatigue, then early menopause, the following year uterine prolapse followed by hysterectomy - the following year fibromyalgia and neuropathy. Early Childhood was fluorinated water along with fluoride tablets. Fall of 2008 I was looking at total disability. I could barely walk and couldn't sleep because of the pain and was throwing up daily from the pain in my back. ... After reading about fluoride I came to understand where all of my problems originated. ... I began the borax detox of 1/8 tsp in a litre of water and within 3 days my symptoms were almost gone."  

Calcium-Magnesium Metabolism

There is antagonism as well as cooperation between calcium and magnesium. About half of the total body magnesium is found in bones and the other half inside the cells of tissues and organs. Only 1% is in the blood, and the kidneys try to keep this levels constant by excreting more or less with the urine.

In contrast, 99% of calcium is in bones, and the rest in the fluid outside of cells. Muscles contract when calcium moves into the cells, and they relax when calcium is again pumped out and magnesium moves in. This cellular pump requires much energy to pump calcium out, and if cells are low in energy, then calcium may accumulate inside cells. Low cellular energy may be due to Candida, faulty sugar or fat metabolism, deficiencies, or accumulating metabolic wastes and toxins.

This then leads to only partial relaxation of the muscles with stiffness, a tendency to cramps, and poor blood and lymph circulation. The problem gets worse the more calcium moves from bones into soft tissue. Nerve cells can also accumulate calcium, leading to faulty nerve transmission, in the lens it causes cataracts, hormonal output keeps reducing as endocrine glands increasingly calcify, and all other cells become handicapped in their normal functions. In addition it causes intracellular magnesium deficiency. Magnesium is needed to activate countless enzymes, and a deficiency leads to inefficient and blocked energy production.

A further problem is that excess calcium damages the cell membrane and makes it difficult for nutrients to move in and wastes to move out. When the intracellular calcium level gets too high the cell will die.

Here we can see the importance of boron as a regulator of cell membrane functions, especially in regard to movements of calcium and magnesium. With boron deficiency too much calcium moves into the cell while magnesium cannot move inside to displace it. This is the condition of old age and of the boron-deficiency diseases leading up to it.

While in good health and especially in younger years a calcium - magnesium ratio of 2 : 1 is normal and beneficial and supplied with a good diet. But with increasing age, boron deficiency and resulting disease conditions we need progressively less calcium and more magnesium.

For boron to be fully effective in reversing tissue calcification ample magnesium is required. For elderly individuals I recommend 400 to 600 mg of magnesium together with the daily borax supplementation spaced out during the day, and with protracted joint problems additional trans-dermal magnesium. However, oral magnesium may need to be adjusted according to its laxative effect. I am doubtful whether calcium supplements are needed and beneficial, even in case of osteoporosis. In my view these individuals have plenty of calcium stored in soft tissues where it does not belong, and supplementing boron and magnesium is expected to redeposit this misplaced calcium into bones. I regard the medical focus on a high calcium intake as a prescription for accelerated aging.

What and How Much to Use

In some countries (e.g. Australia, NZ, USA) borax can still be found in the laundry and cleaning sections of supermarkets. There is no "food-grade" borax available or necessary. All borax is the same and "natural", and usually mined in California or Turkey, whether it has been packed in China or any other country. The label usually states that it is 99% pure (or 990g/kg borax) which is safe to use, and is the legal standard for agricultural grade borax. Up to 1% mining and refining residues are permitted. Boric acid, if available, may be used at about ⅔ the dose of borax, it is not for public sale in Australia.

Firstly dissolve a lightly rounded teaspoonful (5-6 grams) of borax in 1 litre of good quality water free of chlorine and fluoride.  This is your concentrated solution.  Keep the bottle out of reach of small children.

  • Standard dose = 1 teaspoon (5 ml) of concentrate. This has 25 to 30 mg of borax and provides about 3 mg of boron.  Take 1 dose per day mixed with drink or food.  If that feels right then take a second dose with another meal.  If there is no specific health problem or as a maintenance dose you may continue indefinitely with 1 or 2 doses daily.

If you do have a problem, such as arthritis, osteoporosis and related conditions, menopause, stiffness due to advancing years, and also to improve low sex hormone production, increase intake to 3 or more spaced-out standard doses for several months or longer until you feel that your problem has sufficiently improved. Then drop back to 1 or 2 doses per day.

If you want to try the higher doses recommended by Earth Clinic for treating Candida and removing fluoride from the body -  using your bottle of concentrated solution:

  • Lower dose  for low to normal weight - 100 ml (= 1/8 teaspoon of borax powder); drink spaced out during the day.
  • Higher dose for heavier individuals - 200 ml (= 1/4 teaspoon of borax powder); drink spaced out during the day.

Always start with a standard dose and increase gradually to the intended maximum. Take the maximum amounts for 4 or 5 days a week as long as required.

Borax is rather alkaline and in higher concentrations has a soapy taste. You may disguise this with lemon juice, vinegar or ascorbic acid. Keep the bottle with the concentrated solution out of reach of small children.

Borax and boric acid have been classified as reproductive poisons in Europe, and since December 2010 are no longer available to the public within the EU. Presently borax is still available in Switzerland (15), but shipment to Germany is not permitted. In Germany a small amount (20 - 50 grams) may be ordered through a pharmacy as ant poison, it will be registered.

Boron tablets can be bought from health shops or the Internet, commonly with 3 mg of boron. These contain tightly bound boron not present in ionic form as with borax or boric acid. While suitable as a general boron supplement, I do not expect them to work against Candida and mycoplasmas, or as a quick arthritis, osteoporosis or menopause cure. Most scientific studies and individual experiences were with borax or boric acid. To improve effectiveness I recommend 3 or more spaced-out boron tablets daily for an extended period combined with sufficient magnesium and a suitable antimicrobial program (16).

Possible Side-Effects

While side-effects from pharmaceutical drugs tend to be negative and often dangerous, with natural medicine such as borax therapy these are usually healing reactions with beneficial long-term effects. Most common is the Herxheimer reaction from eliminating Candida.

In some of the above forum posts rapid improvement was experienced within days. This is always a functional response. High cellular calcium levels cause muscle contraction with cramps or spasms as a common cause of pain. Boron, especially together with magnesium, can rapidly relax these muscles and take away the pain.

However, with long-standing severe calcifications a large amount of calcium cannot be redistributed in a short time. This leads to increased calcium levels in the affected area, especially the hips and shoulders, and can cause problems for a considerable time, such as a tendency to severe cramping and pain, or problems with the blood circulation, or nerve transmission. Nerve-related effects in hands and feet may be numbness, or reduced sensitivity or feeling in the skin. Higher amounts of calcium and fluoride passing through the kidneys may cause temporary kidney pain. Such healing reactions cannot be avoided when aiming for a higher level of health.

Whenever you experience an unpleasant effect reduce or temporarily stop borax intake until the problem subsides. Then gradually start increasing again. Helpful additional measures are a greatly increased fluid intake, using more organic acids such as lemon juice, ascorbic acid or vinegar, and improving lymph flow as with rebounding, walking or inverted positions.

Toxicity Issues

Government health agencies are concerned about boron toxicity. You might be concerned as well if you read the following, pertaining to sodium chloride or table salt (17): 'Acute oral toxicity (LD50 - the dose at which half of the tested animals die): 3,000 mg/kg [Rat]. Chronic Effects on Humans: Mutagenic for mammalian somatic cells. Slightly hazardous in case of skin contact, ingestion or inhalation. Lowest Published Lethal Oral Dose in Man: 1000 mg/kg. Causes adverse reproductive effects in humans (fetotoxicity, abortion) by intraplacental route, may increase risk of Toxemia of Pregnancy in susceptible women. May cause adverse reproductive effects and birth defects in animals, particularly rats and mice - fetotoxicity, abortion, musculoskeletal abnormalities, and maternal effects (on ovaries, fallopian tubes). May affect genetic material (mutagenic). Ingestion of large quantities can irritate the stomach with nausea and vomiting. May affect behavior (muscle spasicity/contraction, somnolence), sense organs, metabolism, and cardiovascular system. Continued exposure may produce dehydration, internal organ congestion, and coma.'

Now compare the sodium chloride toxicity with the Material Safety Data Sheet or MSDS for borax (18): 'Low acute oral toxicity; LD50 in rats 4,500 to 6,000 mg/kg of body weight. Reproductive/developmental toxicity: Animal feeding studies in rat, mouse and dog, at high doses, have demonstrated effects on fertility and testes. Studies with boric acid in the rat, mouse and rabbit, at high doses, demonstrate developmental effects on the fetus, including fetal weight loss and minor skeletal variations. The doses administered were many times in excess of those to which humans would normally be exposed. No evidence of carcinogenicity in mice. No mutagenic activity was observed in a battery of short-term mutagenicity assays. Human epidemiological studies show no increase in pulmonary disease in occupational populations with chronic exposures to borate dust and no effect on fertility.'

Here you see that table salt is 50 to 100% more toxic than borax, it changes the genetic material and is mutagenic, while borax is harmless in this regard. Infants are most at risk from high borax ingestion. It has been estimated that 5 to 10 grams can cause severe vomiting, diarrhoea, shock and even death, but it also says that lethal doses are not well documented in the literature.

The following toxicity data are from documents of the US Environmental Protection Agency and the Centers for Disease Control(19, 20).

A review of 784 accidental human poisonings from 10 - 88 grams of boric acid reported no fatalities, with 88% of cases being asymptomatic, meaning they did not notice anything. However, gastrointestinal, cardiovascular, hepatic, renal, and central nervous system effects, dermatitis, erythema, and death have been observed in some children and adults exposed to more than 84 mg boron/kg, corresponding to more than 40 grams of borax for 60 kg of body weight.

Animal studies have identified reproductive toxicity as the most sensitive effects of boron ingestion. Exposure of rats, mice, and dogs for several weeks showed some damage to the testes and sperm at doses of more than 26 mg boron/kg which corresponds to 15 grams of borax/day for 60 kg body weight.

Most at risk is the developing foetus, and in the studied animals rats were most affected. In one study slight reductions in the foetal body weight were already found at 13.7 mg boron/kg/day used during pregnancy. The no effect dose was set at less than 13.7 mg/kg/day corresponding to about 7 grams of borax per day for 60 kg body weight. With an added safety factor a no effect value of 9.6 mg boron/kg/day was calculated corresponding to 5 grams of borax for 60 kg.

However, a rat study lasting for 3 generations found no reproductive toxicity or effect on the parents or offspring at 30 mg boron/kg/day. This dose corresponds to 17 grams of borax for 60 kg ingested for 3 generations! In another 3-generation study no problem was found at 17.5 mg boron/kg/day, corresponding to 9 grams of borax/60 kg, while the next higher tested dose of 58.5 mg/kg/day, corresponding to 30 grams of borax/60 kg, resulted in infertility. Therefore we can assume that the safe reproductive dose is up to about 20 grams/60 kg/day.

Human studies of the possible association between impaired fertility and high boron levels in water, soil and dust in a Turkish populations, and boron mining and processing workers, found no effect. One study even reported elevated fertility rates in borax production workers as compared to the U.S. national average.

All this is important because possible reproductive toxicity is the official reason for the present assault on borax. The sodium chloride MSDS mentioned above also states: "While sodium chloride has been used as a negative control in some reproductive studies, it has also been used as an example that almost any chemical can cause birth defects in experimental animals if studied under the right conditions." Keep this in mind when you read the following.

The Assault on Borax

Arthritis in its various forms and its close relative osteoporosis affect about 30% of the population in developed countries. Osteoporosis is responsible for more long term hospital care than any other individual disease. This is due to the very high incidence of fractures, and especially the protracted nature of hip fractures. This is a main source of income for the medical-pharmaceutical system. If the boron-magnesium cure for these diseases should become widely known, this vital income stream would dry up and the system collapse. As this is the biggest and most profitable industry in the world, this  cannot be allowed to happen.

When Dr Newnham discovered the boron-arthritis cure it was not a big problem for the pharmaceuticals because news travelled slowly and was easily suppressed. This is very different now with Internet communication. Most research funding comes from the pharmaceutical industry, and nothing has come forward to duplicate Dr Newnham's findings and other positive osteoporosis studies. Instead, funding goes into the development of patentable boron drugs for limited application as in chemotherapy, or even to discredit boron. A test-tube experiment found that a relatively low dose of about 4 grams of borax can damage lymphocytes, just like an earlier test-tube study showed that vitamin C supplements are toxic. Most positive borax studies now come from China, Japan and Turkey.

Furthermore, PubMed is a publicly funded search facility for bio-medical research publications. While other articles for Newnham R.E. and Zhou L.Y. are still listed, the two important borax publications mentioned earlier - about the arthritis trial at the Royal Melbourne Hospital and the treatment of skeletal fluorosis in China - are no longer listed, but they belong there and obviously had been there originally. I suspect that they have been deliberately removed to prevent them from being quoted in other research.

In addition, increasing effort goes into publicly demonizing borax for its alleged reproductive and infant toxicity. As an example I recently read an article by a 'senior scientist' of the supposedly 'green' Environmental Working Group. In it the perceived dangers of borax were so exaggerated that most comments in effect said: "Thank you for opening my eyes. I did not know how poisonous and dangerous borax is, I certainly will not use it anymore in my laundry, or for cleaning my toilet and kitchen" .

This is obviously a deliberate campaign to make people grateful for banning borax from public sale. For laundry and cleaning purposes Borax Substitute now replaces the product previously sold as Borax. The EU has spearheaded this campaign. In June 2010 borax and boric acid were reclassified as “Reprotoxic Category 2“, suggesting that they may be harmful to the reproductive functions of humans in high doses, and the product package must display the skull and crossbones symbol. From December 2010 these products were no longer available for public sale within the EU. While this classification now applies for all of Europe, non-EU countries still have some leeway in regard to public sales. This initiative is part of a Globally Harmonized System of Classification and Labelling of Chemicals (GHS) which is to be implemented as soon as possible. Australia is well-advanced on preparing regulations to implement the GHS for industrial chemicals, with new regulations expected in 2012 (21).

The European Chemicals Agency gave as reason for their reclassification of boron products (paraphrased):

'The available data do not indicate major differences between laboratory animals and humans, therefore it must be assumed that the effects seen in animals could occur in humans as epidemiological studies in humans are insufficient to demonstrate the absence of an adverse effect of inorganic borates on fertility. 17.5 mg boron/kg/day was derived as a NOAEL (no event level) for male and female fertility. For the rat decreased foetal weight occurred at 13.7 mg boron/kg/day, and a safe limit of 9.6 mg/kg/day has been derived.' (22)

What they are really saying is this: 'While we have no human data, animal studies suggest that for adult reproductive functions a daily ingestion of about 2 teaspoons of borax is safe. But to be absolutely sure that no-one is harmed, we will ban it totally.' Importantly, this ruling is not related to borax in foods or supplements where it is already banned, but only for general use as in laundry or cleaning products or as insecticides. Because borax is not readily inhaled or absorbed through intact skin, it is difficult to see how even a few milligrams daily could get into the body with the conventional use. If the same standard would apply to other chemicals there would be none left.

The key study in this assessment was published in 1972. Why is this being dug up now to justify banning borax when it was of no concern for the past 40 years? It does not make any scientific sense, especially if you consider that the main chemical in the new borax substitute, sodium percarbonate, is about three times more toxic than borax. Acute oral LD50 values for animals are from 1034 to 2200 mg/kg/day (23). Even the commonly used sodium bicarbonate, with an animal LD50 of 3360 mg/kg, is nearly twice as toxic as borax (24). Both of these chemicals have not been tested for long-term reproductive toxicity at the high doses that caused fertility problems in rats and mice.

The same applies to washing powders, it has been stated that no toxicity is expected if used in the approved way, or that reproductive tests have not been done. Ingredients in these products are more toxic than borax, why can they be used in the approved way but not borax? And how about really toxic items such as caustic soda and hydrochloric acid? Why do they remain available to the public when one of the safest household chemicals is banned despite the fact that it is absolutely impossible to cause any reproductive harm with the approved use?

Regardless of the lack of any scientific credibility, the stage has been set for borax and boric acid to be globally removed from public sale at short or no notice. Even low-level and less effective boron tablets are now tightly controlled by the pharmaceutical industry, and may be restricted at any time through Codex Alimentarius regulations. With this the medical-pharmaceutical system has safely defused any potential danger that borax may have posed to its profitability and survival.

 

NOTE; I posted this for all those Arthritis sufferers like myself. I have suffered severely with it for 28 yrs always looking for a cure. I hope this is the one. I have been on this simi max dose for 10 days. There are some ups and downs as I am detoxing my body of many things and damage from pharm. drugs 10 Yrs ago. I will keep you updated on how it go's with this higher dose of boric acid that I am taking many time daily. Rev.Joshua, Adonai

 

REFERENCES

(1) http://www.ncbi.nlm.nih.gov/pubmed/9638606

(2) http://www.whale.to/w/boron.html

(3) http://www.ncbi.nlm.nih.gov/pmc/articles/PMC1566627/pdf/envhper00403-0084.pdf 
(4) http://nah.sagepub.com/content/7/2/89.full.pdf

(5) http://www.arthritistrust.org/Articles/Boron and Arthritis.pdf

(6) http://www.ncbi.nlm.nih.gov/pubmed/172591209

(7) http://www.ithyroid.com/boron.htm

(8) http://www.ncbi.nlm.nih.gov/pubmed/21129941

(9) http://www.lef.org/magazine/mag2006/aug2006_aas_01.htm

(10) http://www.earthclinic.com/Remedies/borax.html

(11) http://jac.oxfordjournals.org/content/63/2/325.long

(12) http://www.ncbi.nlm.nih.gov/pubmed/21774671

(13) http://www.ncbi.nlm.nih.gov/pmc/articles/PMC2873987/

(14) http://www.earthclinic.com/CURES/fluoride.html

(15) http://www.supergenial.ch/pi1/pd2.html

(16) http://www.health-science-spirit.com/ultimatecleanse.html

(17) http:/www.sciencelab.com/msds.php?msdsId=9927593

(18) http://www.hillbrothers.com/msds/pdf/n/borax-decahydrate.pdf

(19) http://www.atsdr.cdc.gov/toxprofiles/tp26-c2.pdf

(20) http://www.regulations.gov/#!documentDetail;D=EPA-HQ-OPP-2005-0062-0004

(21) http://en.wikipedia.org/wiki/Globally_Harmonized_System_of_Classification_and_Labelling_of_Chemicals

(22) http://echa.europa.eu/documents/10162/17230/supdoc_boric_acid_20100609_en.pdf

(23) http://www.inchem.org/documents/sids/sids/15630894.pdf

(24) http://www.sciencelab.com/msds.php?msdsId=9927258

 

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Barclays: 'Other banks to face Libor revelations'

Jerry del MissierMr del Missier may need to explain why he misinterpreted comments from the Bank of England to his boss

Senior managers at Barclays have warned staff in an internal memo that the Libor scandal will envelop other banks.

The memo circulated on Friday said that revelations about its rivals would "put in perspective" Barclays' culpability.

Meanwhile Barclays' former chief operating officer Jerry del Missier will answer MPs' questions on Monday.

Mr del Missier stands accused of having mistakenly believed Barclays was told by the Bank of England in 2008 to under-report its borrowing cost.

Libor - the London Interbank Offered Rate - is a benchmark interest rate set each day by the British Bankers' Association based on the interest rate that 16 major international banks based in London tell it that they must pay in order to borrow cash from other banks.

It is used as a benchmark rate for trillions of pounds worth of financial contracts, including some mortgages.

According to Barclays' own explanation of events in October 2008, the height of the crisis, the banks then-head of investment banking, Bob Diamond, discussed Barclays' persistently high Libor submissions with the Bank of England deputy governor Paul Tucker.

There were fears that Barclays' apparent high cost of borrowing compared with other banks could be interpreted by the financial markets as a sign that the bank was in trouble.

According to Barclays, Mr del Missier then misinterpreted Mr Diamond's summary of the call to mean that the Bank had given Barclays permission to under-report its own borrowing costs in order to appear to be in line with other banks.

On Monday, Mr del Missier will follow Mr Tucker, Mr Diamond - who recently resigned as chief executive - and Barclays chairman Marcus Agius, who all appeared before the Commons Treasury Committee earlier this month.

 
'Let down''

Meanwhile, it appears that Barclays believes other banks will soon turn out to be more culpable in the scandal than themselves.

According to the Barclays' memo to staff: "As other banks settle with authorities, and their details become public, and various governments' inquiries shed more light, our situation will eventually be put in perspective."

The memo, from Mr Agius and other senior executives, admitted that customers, shareholders and regulators "all have a right to feel let down" by the bank after it admitted to manipulating Libor, and incurred a £290m ($450m) fine from UK and US regulators.

Several banks are currently being investigated, both in the UK and the US, for allegedly manipulating Libor.

On Friday it emerged that the Federal Reserve Bank of New York - which is responsible for overseeing banks in the US city - discussed concerns about the way Libor was being set as early as May 2008.

Timothy Geithner, the current US Treasury Secretary and who headed the New York Federal Reserve at the time, emailed the Bank of England Governor Sir Mervyn King with suggestions for how to prevent misreporting by the banks of their true borrowing costs.

However, the email does not specify evidence given by the Barclays employee and it is unknown to what extent the Bank of England governor was aware of the wrongdoing.

Libor: the evidence

The Bank of England said concerns were widespread at the time, but they had seen no evidence of wrongdoing.

'Absolute rubbish'

But separate documents released by the New York Fed indicate that the Americans did have some evidence.

In one transcript of a telephone call from 11 April 2008 released by the New York Fed on Friday, a Barclays employee told the New York Fed that Barclays was underreporting its rate to avoid the stigma associated with being an outlier with respect to its Libor submissions, relative to other participating banks.

In a later telephone call, on 24 October 2008, a Barclays employee told a Fed official that the Libor rate was "absolute rubbish".

There was a great deal of concern, both within Barclays and the government, as to why Barclays' Libor submissions were higher than other banks at the height of the financial crisis at the end of 2008.

A higher submission rate might be interpreted by the market as a sign that Barclays was in particular trouble compared with other banks, and this created an incentive for Barclays to under-report its true cost of borrowing to the Libor committee.

Barclays' high Libor submissions had led some to suspect that - after the part-nationalisations of RBS, Lloyds and HBOS - Barclays would be next, deputy Bank of England governor Paul Tucker told MPs on the Treasury Committee earlier this month.

The British Bankers Association was also aware at the time of rate manipulation at Barclays, according to the US Commodity Futures Trading Commission, after a senior treasury manager at the bank informed the body that the bank was not "clean-clean".

It is yet unknown whether the BBA had notified the Bank of England, and if not, why?.

NOTE; So what they need to do is just keep investigating, don't stop here!Rev. Joshua.Adonai

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Durbin says Romney running from Bain 'like a scalded cat'


Mitt Romney's senior adviser Ed Gillespie, discusses the recent attacks the Obama campaign has launched against Romney's timeline of employment with Bain Capital.

Democrats pressed their attack Sunday on Mitt Romney’s record as head of the investment firm Bain Capital in the 1990’s.

Sen. Dick Durbin, D-Ill., the Senate majority whip, asked on NBC’s Meet the Press, “Why is Mitt Romney running away from his company, Bain Capital, like a scalded cat? Because there’s abundant evidence that under Bain Capital they were exporting American jobs to low-wage countries and he doesn’t want to be associated with it.”

Defending Romney’s record at Bain Capital, Romney campaign advisor Ed Gillespie told NBC’s David Gregory that outsourcing – U.S. companies setting up foreign operations to replace operations in the United States – was due partly to President Barack Obama’s policies of imposing “excessive regulations” and maintaining a high corporate tax rate.


Romney campaign senior adviser Ed Gillespie tells NBC's David Gregory that Mitt Romney thinks businesses "should be free to make decisions in the interest of their shareholders.

Gillespie charged that Obama’s policies are “forcing jobs overseas.”

Gillespie contended that some of the money in the $830 billion stimulus program which Obama signed into law in 2009 was channeled into companies and jobs in China, Finland, Mexico, and Denmark, instead of in the United States.

At the same time, Gillespie did not condemn outsourcing in every instance. He said that Romney believes that “American companies should be free – we have a free economy -- to make decisions that are in the interests of their shareholders, and what we need to do is make those decisions more attractive to invest here in the United States, rather than making it more attractive to go overseas, which is what the Obama policies do.”  

The Obama campaign has spent the past few days accusing Romney of lying after the Boston Globe reported that he’d retained the title of chief executive and chairman of Bain Capital until 2002, three years beyond the date he said he ceded control.

With the Bain issue, the Obama campaign is repeating charges first made against Romney when he ran for governor of Massachusetts in 2002. His Democratic opponent, Shannon O’Brien, accused him of being culpable in layoffs at a Kansas City steel mill that went bankrupt in 2001 after Bain Capital had profited from an investment in the company.


Assistant Democratic Leader Sen. Dick Durbin says Mitt Romney needs to provide greater disclosure of his financial statements and Assistant Republican Leader Sen. Jon Kyl argues the attacks from the Obama campaign are baseless.

Fortune Magazine reported Thursday that “offering documents” that Bain Capital sent to potential investors in 2000 and 2001 provide contemporaneous evidence that Romney had no active role in managing the firm after 1999 when he left to run the Winter Olympics in Utah.

Romney “took a leave of absence from Bain to go and run the Olympics in Salt Lake City…..The International Olympic Committee was going to pull the Olympics from the United States which would have been a huge embarrassment for our country,” Gillespie said. Romney “left a life that he loved to help a country that he loved even more.”

Stephanie Cutter, Obama’s deputy campaign manager, told reporters Thursday that either Romney had misrepresented his position at Bain in filings with the Securities and Exchange Commission “which is a felony, or he was misrepresenting his position at Bain to the American people to avoid responsibility for some of the consequences of his investments…”

Durbin sidestepped the question of whether Cutter’s use of the term “felony” was improper; instead the Illinois Democrat said the disclosure documents which Romney and Bain Capital filed with the SEC from 2000 to 2002 were “completely confusing” because they said he was the chief executive of the firm, and yet he has said he was no longer at the firm.

On the question of whether Romney ought to release his tax returns for years before 2010, Gillespie said that two years of returns were sufficient.

He contended that the Obama campaign was using the tax return issue to try to distract voters’ attention from the “dismal” state of the American economy. The real issue, he said, “is what are we going to do to make it where more Americans are filing their incomes taxes because they have a job?” He cited Bureau of Labor Statistics data showing that 23 million Americans are unemployed, underemployed, or have left the work force!

NOTE; Another 23 million are not being reported,more to come. Rev. Joshua, Adonai.  

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There are many black lodges. For a long time after that people join the Dark Cabal think it is another form of religion. They even mention “God” and Jesus sometimes, but these are mixed with satanic mysteries and symbols which the people don’t understand. This is kept a secret from new members for many years, until they reach near the 33rd level in the lodge. Then they are told the truth that they worship the devil, not God. And before that information is given they must swear on their lives never to reveal it to anyone or they will lose their lives. And many have in the past. This Free Masons say that before the 32nd degree the members are unlearned initiates and above they become the Illuminated controllers. The Free Masons are one of the most important controlling groups of the Illuminati. This level is called the visible world and after the 32 rd level is the invisible “secret” world.

Today many have also escaped and that’s how we know so much about this evil group. This group pretends to be a religion. Then they give power and money to those who want to stay with them as part of the DC-NWO. Those that accept get the best jobs. They move up the ladder quickly. They get the highest government offices because the masons have people higher up to pull them up into positions to help take over and once in power they do the same for the lower ones coming up. They use this organization, Freemasonry, to put all the people in all the right places for in their DC-NWO. And the further up the ladder one goes the more one must be willing to cheat, lie, steal, even kill or maim. And that’s not counting all the evil satanic and sexual rituals they perform but the real power remains in the first inner circle of 10 families and the next most powerful is the second inner circle of 30 families. After that comes the 3rd inner circle, who controls the central banks of each major country. Together they control it all.

The Free masons have sub groups as well and Hitler was in one of them. He learned much from the Free masons and the Illuminati. After he joined them they financed his war! That’s how he became so powerful was through the Illuminati that’s where he got his symbols, etc. And they were proud of him because he already had a background of black magic and Satan worship. They used him as a test or guinea pig until he went too far and wanted to rule the world by himself. That’s when the Dark Cabal Illuminati stopped him.

But the Free Masons still do the most for recruiting new members and finding the special right “immoral” people, those who want a bigger slice of the pie and will do anything to get it. This group of the Illuminati is the oldest and most important outside of the two inner circles. We might say they are the legs or hands of the elite group. But more recently so are others like the Bilderbergers which was officially started and named by Prince Bernhard of the Netherlands. The first real meeting was in the Bilderberger Hotel in Netherlands around 1954, thus named the Bilderbergers group. This group of the Illuminati seems to have come originally from the Free Mason lodge.

The Priory of Sion” is also a member of the Illuminati group. The Priory of Sion group believes that they have the blood and DNA of Jesus, that he married Mary Magdalene. They call it the “Merovingian bloodline.” The Hapsburgs claim to have more of this bloodline in their ancestry, but there are other Kings and Queens, Princes and Princesses, and noble families of Europe who claim this as well, including the Queen of England (Elizabeth) and her heirs and Prince Barnard himself. The families of kings and queens had prearranged marriages, not only for power and money but also to keep the so called bloodline pure. This first Priory of Sion meeting was to bring them all together.

I myself have run across this story now several times in my Jesus books. Most are fake, such as the story about Billy Meier of Austria who was told by some of the pleiadians how to find a book they called Jmmanuel that I believe this group of Pleiadians planted by going back in time. In the present I think the Pleiadians are good space brothers, but a few of them are not, or they were troops from Hitler who live in the S.Pole who pretended to be Pleadians This book is false and contrived, and the story of Jesus getting married, I believe, is definitely false. The others that tell this story must also be false channels because most of my Jesus books say this is not true, especially The Urantia Book. It says no way.

This Bilderberger group has members who are prime ministers, kings and queens, and presidents and vice presidents of different countries and other so called rich and important people of governments and industry and banking. But to be included in the Bilderberger group, they all had to first be members of the Free Masons in one or another of their Illuminati circles or lodges. That’s also why the DC-elitist chose the pyramid as their symbol because they rule from the top down, from the first inner circle to the second inner circle to the third outer circle and then to all the many other groups or black lodges.

All of the third circle families are bankers in each country and they control the central banks that publish the so called money, and they also hold other positions in society. The new Bilderberger group was ideal for them because it enables them to control the people even more in order to recruit them into the NWO. Even Hitler raged about them and George H. Bush Sr. talked about. So the Bilderberger group brought the chance to formulate more control groups in each country, coercing governments to make new laws which would control the people through transportation, communication, industry, banking, the military and police.

The Bilderberger group now meets every year in early summer. The average number of attendees is 130. Membership into the Free Masons and other groups is granted as needed. But the Bilderberger group controls the other groups and they are controlled by the first and second inner circles and the free masons. By the way, I only mentioned some of the first circle families. No one knows the rest.

According to Jim Mars, these are more likely some of the members of the second circle of 30: The Brockman Dynasty of Canada, Juan Carlos of Spain, John Jacob Astor, Lord Peter Carrington (banker with Bilderberger mafia ties), Giovanni Agnelli (Fiat Motors), Rupert Murdoch (multi billionaire Australian publisher), Heinrich Von Pierer (German chairman of Siemens electronic company), George Soras (Hungarian Jew and now a British subject), all of which belong to another DC-NWO group (lodge) of the World Economic Forum held in Switzerland.

Prince Philip was also a member, Queen Elizabeth’s late husband and head of the United Lodge of free masonry in England and a member of the order of the garter in England. These may be good candidates for the Bilderberger group which met in 2007 in Turkey and in 2008 in Maryland, five miles from Washington D.C., USA, in which they will announce their agenda to collapse the money markets and create a worldwide Depression in SEPT.08. (See Global “Crisis” News.)

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JPMorgan Chase raises its recent trading loss to $5.8bn

JP Morgan Chase & Co.

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JPMorgan Chase has tripled its estimate of recent losses from trading in complex financial derivatives to $5.8bn (£3.7bn).

The US bank said the executives responsible had been dismissed without severance pay and the bank would be clawing back two years of their pay.

Despite the revelation, JPMorgan also reported a surprisingly strong three-month net profit of $4.96bn.

The bank's shares ended Friday trading in New York 5.8% higher on the news.

The profit figure for the three months to 30 June was down 8.7% from the same period last year, but was nonetheless much higher than analysts' expectations.

Clawback

When the Wall Street firm first announced the loss at its chief investment office in May, it said it amounted to at least $2bn.

However, in its latest financial results, the bank said that it had recorded a $4.4bn loss in the second quarter of the year due to the trading position, on top of a $1.4bn loss in the first three months of the year.

That $1.4bn figure was $459m bigger than the bank had initially calculated, forcing JPMorgan to restate its first quarter results.

It also said that it expected another $700m to $1.7bn of losses from the derivatives trading, bring losses to a potential total of $7.5bn.

The bank also said it had found evidence that some traders may have been trying to hide their losses.

It blamed the restatement on the fact that "certain individuals may have been seeking to avoid showing the full amount of the losses in the portfolio during the first quarter".

Chief executive Jamie Dimon said he had closed the division of the bank responsible for the losses and moved the remainder of the trading position to its investment banking division.

Jamie DimonChief executive Jamie Dimon said he thought it was "silly" to think that mistakes would never be made

The executive in charge of the closed division, Ina Drew, left the bank in May, days after the losses were announced.

The bank said it would claw back as much remuneration as possible from the individuals deemed responsible for the losses, equivalent to about two years' worth of pay.

Before Friday's gains, JPMorgan had lost about 15% of its market value since the losses were first announced.

Responding to questions from analysts following the release of results, Mr Dimon said: "I think it's silly for anyone in the business world to think you're not going to make mistakes."

"It is not possible in the real world. I just think the mistakes should be smaller, fewer and far between, this being an exception."

Wells Fargo

Another bank with rising shares on Friday was Wells Fargo, which was also reporting results.

It posted second-quarter net profits of $4.6bn, up 17% from the same period last year.

Its profits from mortgages were up to $2.9bn from $1.6bn last year.

Wells Fargo is the fourth-biggest US bank and the biggest mortgage lender.

The results came the day after it paid $175m to settle allegations from the Justice Department that during the housing boom, it had charged higher rates and fees to African-American and Hispanic customers.

Wells Fargo said it had settled to avoid a court case and avoid a long and heated legal battle.

NOTE; Excuse me but didnt the GFL say that they were taken Jamie Dimon to court and removing him from power? but he's still there.The govt' is going to slap his hands and fine them but leave them in. I am beginning to wonder if the govt. is not bought out as well. It looks like they want to fine all of these banksters and let them go to continue there evil ways with maybe a few more restrictions but nobody to really enforce anything. The Corruption is great. What do you think folks, I am I right, others must see this too.! Rev. Joshua, Adonai

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Image: Bob Diamond, former Barclays PLC CEO
Dylan Martinez  /  Reuters, file
Bob Diamond, shown in 2010 after he was named Barclays PLC CEO, quit as result of a market-rigging scandal.
By BEN PROTESS and MARK SCOTT
updated 2 hours 11 minutes ago

As regulators ramp up their global investigation into the manipulation of interest rates, the Justice Department has identified potential criminal wrongdoing by big banks and individuals at the center of the scandal.

The department’s criminal division is building cases against several financial institutions and their employees, including traders at Barclays, the British bank, according to government officials close to the case who spoke on the condition of anonymity because the investigation is continuing. The authorities expect to file charges against at least one bank later this year, one of the officials said.

The prospect of criminal cases is expected to rattle the banking world and provide a new impetus for financial institutions to settle with the authorities. The Justice Department investigation comes on top of private investor lawsuits and a sweeping regulatory inquiry led by the Commodity Futures Trading Commission. Collectively, the civil and criminal actions could cost the banking industry tens of billions of dollars.

Authorities around the globe are examining whether financial firms manipulated interest rates before and after the financial crisis to improve their profits and deflect scrutiny about their health. Investigators in Washington and London sent a warning shot to the industry last month, striking a $450 million settlement with Barclays in a rate-rigging case. The deal does not shield Barclays employees from criminal prosecution.

The multiyear investigation has ensnared more than 10 big banks in the United States and abroad. With the prospects of criminal action, several firms, including at least two European institutions, are scrambling to arrange deals, according to lawyers close to the case. In part, they are trying to avoid the public outcry that stemmed from the Barclays case, which prompted the resignation of top executives.

The criminal and civil investigations have focused on how banks set the London interbank offered rate, known as Libor. The benchmark, a measure of how much banks charge one another for loans, is used to determine the borrowing costs for trillions of dollars of financial products, including mortgages, credit cards and student loans. Cities, states and municipal agencies also are examining whether they suffered losses from the rate manipulation, and some have filed suits.

A scandal over rate-fixing is about to hit the US

With civil actions, regulators can impose fines and force banks to overhaul their internal controls. But the Justice Department would wield an even more potent threat by bringing criminal fraud cases against traders and other employees. If found guilty, they could face jail time.


The criminal investigations come at a time when the public is still simmering over the dearth of prosecutions of prominent executives involved in the mortgage crisis. The continued trouble in the financial sector, including the multibillion-dollar trading losses at JPMorgan Chase, have only further fueled the anger of consumers and investors.

But the Libor case presents a potential opportunity for prosecutors. Given the scope of the problems and the number of institutions involved, the rate-rigging investigation could provide a signature moment to hold big banks accountable for their activities during the financial crisis.

“It’s hard to imagine a bigger case than Libor,” said one of the government officials involved in the case.

The Justice Department has jurisdiction over the London bank rate because the benchmark affects markets in the United States. It could not be learned which institutions the criminal division is chasing next.

According to people briefed on the matter, the Swiss bank UBS is among the next targets for regulatory action. The Commodity Futures Trading Commission is pursuing a potential civil case against the bank. Regulators at the agency have not yet decided to file an action against the bank, nor have settlement talks begun. UBS has already reached an immunity deal with one division of the Justice Department, which could protect the bank from criminal prosecution if certain conditions are met. The bank declined to comment.

Barclays' C-suite walloped by rate scandal

The investigation into the global banks is unusually complex and it could continue for years, and ultimately end in settlements rather than indictments, said the officials close to the case. For now, regulators are building investigations piecemeal because the facts of the cases vary widely. That could make it difficult to compile a global settlement, although some banks would prefer an industrywide deal to avoid the harsh glare of the spotlight, said a lawyer involved in the case.

American authorities face another complication as they build cases. Investigators still lack access to certain documents from big banks.

Before gathering some e-mail and bank records from overseas firms, the Justice Department and American regulators need approval from British authorities, according to the people close to the case. But officials in London have been slow to act, the people said. At times, British authorities have hesitated to investigate.

By contrast, the Justice Department and the Commodity Futures Trading Commission have spent two years building cases together. Lanny Breuer, head of the Justice department’s criminal division, has close ties with David Meister, the former federal prosecutor who runs the commission’s enforcement team.

In the Barclays case, the British bank was accused of reporting false rates to squeeze out extra trading profits and fend off concerns about its health. During the crisis, banks feared that reporting high rates would suggest a weak financial position.

Lawmakers in London and Washington are examining whether regulators looked the other way as banks artificially depressed the rates. On Friday, it was disclosed that a Barclays employee notified the Federal Reserve Bank of New York in April 2008 that the firm was underestimating its borrowing costs. Despite the warning signs, the illegal actions continued for another year.

But in April 2008, a senior enforcement official at the Commodity Futures Trading Commission, Vincent McGonagle, opened an investigation. He directed the case along with another longtime official, Gretchen Lowe.

 
 

At first the case stalled as the agency waited months to receive millions of pages of documents when Barclays pushed back against the American regulators, according to the officials close to the case. By the fall of 2009, the trading commission received a trove of information, providing a broad view into the wrongdoing.

A series of incriminating e-mail and instant messages, regulators say, laid bare the multiyear scheme. In one document, a Barclays employee said the bank was “being dishonest by definition.”

The case gained further traction in early 2010, when the agency’s enforcement team engaged the Justice Department. The department’s criminal division, led by Mr. Breuer, agreed that regulators had a strong case. The investigation continued until January 2012, when the trading commission notified Barclays lawyers that they were entering the final stages before deciding about an enforcement action.

As part of the deal, regulators pushed the bank to adopt new controls to prevent a repeat of the problems. Among other measures, the bank must now “implement firewalls” to prevent traders from improperly talking with employees who report rates.

The bank says that it provided extensive cooperation during the three inquiries, and has spent around $155 million on its own three-year investigation. Because it agreed to settle with British authorities, Barclays received a 30 percent fine reduction.

In the United States, Barclays offered to pay a fine of $200 million to the C.F.T.C., slightly below the initially proposed range, according to government officials close to the case. Mr. Meister’s team soon accepted the offer, securing the biggest fine in the commission’s history.

On June 27, British and American authorities announced the deal with Barclays, which agreed to pay more than $450 million total. “For this illegal conduct, Barclays is paying a significant price,” Mr. Breuer said then.

Susanne Craig contributed reporting.

This article, "U.S. Is Building Criminal Cases in Rate-Fixing," first appeared in The New York Times.

Copyright © 2012 The New York Times

NOTE; This does not look so good to me. I sounds like they are going to buy there way out of the Fraud and Scandals so that they will go back to business as usual .They must be taken to court and dismantled. Giving them fines from the illegal money they took from us, is not the answer, we must shut them down forever. Its time to bring out the NASARA program . We need real money back by precious metal so that none of this can ever take place again. Not just a slap on the hand and take part of there illegal gotton money. We must speak up now or they will sweep this under the rug and the change we need will not happen. Rev. Joshua,Adonai

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When will the masses wake up? They are just beginning to wake up, hopefully before it’s too late. Bush and Obama wants to invade Iran now for the rest of the oil. The elitists want the monopoly for control of the oil and oil prices. There is no oil shortage. There never was. The United States has one of the world’s largest reserves which they are waiting to tap into when oil maintains a price of $150 a barrel or more. And Russia now has the world’s largest oil reserves at 80 billion barrels, plus a hundred billion undiscovered reserves.

Not only are they using the U.S. military for their oil wars but they are creating their own private military or militia, and have companies that provide the troops. Many have heard of Black Water, a private militia out of North Carolina, and Halliburton (owned by X Vice President Chaney). They are currently being taken to court and are being sued for their corruption in the Iraq war. The Dark Cabal-NWO also has a million-man cloned military buried under the USA in military bases. Some of them are already in use. There have been a lot of those black war machines and soldiers dressed in black, all unmarked, in America for the last 15 to 20 years. I believe they have already infiltrated the regular U.S. military after they won a quiet secret war between them, the elitist, and the regular U.S. military (those who were still loyal to the U.S.) in the mid 1990s (see the UFO chapter).

Now they are going after the people. Many of the police and sheriffs or deputies who wear a gold band around the American flag know they are part of the NWO. That is also why the blue and other colored uniforms were replaced with black ones. Black intimidates the so called enemy. That’s why they use that color in special ops forces throughout the world. Some people think the U.N. soldiers are the same as the DC-NWO military. We’ll see. All of them are controlled and used by the Illuminati for their agenda. Then they too will be discarded when the one world government (NWO) takes over and installs it’s own military and police.

Speaking of weapons, those in power are still in the process of taking the arms away from the people. All the western society has been disarmed except for the USA. Right now in the USA they are trying to get the 300 million private licensed arms away from the 80 million who own them. There are thousands of laws they’re trying to pass to get the legal arms away from the people because that is one of the biggest fears the Illuminati has, that the people are armed (another fear is being completely exposed to the world). The people can rise up against them, and I believe Americans will, when and if the citizens start to realize who the real enemy is. So the SSG-DC has greatly restricted the sale of bullets, and sale of ammunition very difficult plus very expensive to get. This is another step to try and stop the civil war that is coming against them.

I lived in Australia when they took the arms away from the people there and in Europe as well. The crime rate shot up afterward. They have done the same here in Belize and the crime is rising every year. It is now number six in the world. Belize also has a U.S. secret base, or rather it used to be secret, and they have two Navy ships permanently in their harbor. But only seldom do we see the American and/or the British or the UN military that are all based here. They bring almost everything in by helicopters, many times the huge double bladed ones. I think Belize is a stepping stone for the rest of Central America for them.

The inner circle of DC-elitists set the agenda for other such notorious organizations such as the Code of Federal Regulations (CFR) and the trilateral commission. The Bilderbergers are the number one control group or lodge outside of the first inner circle. The Priory of Zion, the order of skull and bones, and the grand lodges of the free masonry” are also major control groups. The Scottish rite free masonry preceded today’s free masons. Maybe they were the backbone, the real beginning of the Illuminati since they used the books and the original free masons as their main control group until the new Bilderbergers came into the club.

Also included are all the major spy agencies, the World Bank, IMF, North American Free Trade Association (NAFTA), General Agreement on Tariffs and Trade (GATT), the World Trade Organization (WTO),(CFR), the Rosicrucian’s, Luciferians , Scientology, Mormons,? Baha’i plus many less important and subdivisions of these groups, There is well over 100 so called black lodges. They have many thousands of people involved in one or more of these groups, millions worldwide. They control and rule most of the major governments in the world through these groups!

People who join these groups do not realize it at first but most eventually find out about the Dark Cabal NWO's agenda and are then bribed with power, money, position in society, drugs, and sex, or whatever they want. If this does not work, they are sometimes threatened. Most people stay on with them even when they do know the truth of how evil they are and their plans to take over the world by killing off 95 percent of the people. They, like many of us, have not much resistance when they are tempted with great wealth and power, sex and/or drugs. Jesus says sex, money and then power gets us into the most trouble.

Many fail, but some do get out because their conscience bothers them. Some are even able to tell what they know about the DC-NWO, but those are the brave ones or the ones near death with nothing to lose. It is through these people that we have gotten most of the information we now have. We owe them great thanks for they may have saved our lives. And for the others who stay in, they will probably lose their souls.

All of these organizations are evil and they have a lot of evil occult rituals involved in their meetings. The Dark Cabal have been behind this whole organization since the time of Jesus and what the Illuminati are really afraid of is the mass awakening, of people who are in a higher consciousness power and influence to tell the rest of the people what is going on before it’s too late. The clock is ticking. We’re running out of time and that’s the only reason I put this information in my book to help warn people so they can spread the word. This book is not meant to cause fear and it is important that people not be in fear but that the information is used to stay one step ahead of the Dark Cabal. Survival means to be prepared ahead of time. We should not confront them ourselves in any way because we will only loose. But together we can and will defeat them, with the help of our space brothers and spirit realm!

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Romney campaign says Obama spokeswoman 'demeans' the presidency with Bain charges

Updated at 4:00 pm ET Reviving an issue Democrats first brought up when Mitt Romney ran for governor of Massachusetts in 2002, the Obama campaign said Thursday that Romney may have misstated his tenure at the helm of Bain Capital and might even have committed a felony by filing false statements with the Securities and Exchange Commission.

Stephanie Cutter, Obama’s deputy campaign manager, told reporters Thursday that either Romney was misrepresenting his position at Bain to the SEC “which is a felony, or he was misrepresenting his position at Bain to the American people to avoid responsibility for some of the consequences of his investments. And if that’s the case – if he was lying to American people -- then that’s a real character and trust issue that the American people need to take very seriously.”

Referring to Cutter's insinuation about a possible felony, Romney campaign manager Matt Rhoades said in a statement, “President Obama’s campaign hit a new low today when one of its senior advisers made a reckless and unsubstantiated charge to reporters about Mitt Romney that was so over the top that it calls into question the integrity of their entire campaign. President Obama ought to apologize for the out-of-control behavior of his staff, which demeans the office he holds."

The Obama camp's allegations came after the Boston Globe reported that Romney had remained as chief executive and chairman of Bain Capital until 2002, three years beyond the date he said he gave up control.

Evan Vucci / AP

Republican presidential candidate, former Massachusetts Gov. Mitt Romney gestures during a speech to the NAACP annual convention, Wednesday, July 11, 2012, in Houston, Texas.

The Globe story cited documents filed by Bain Capital with the SEC which state that Romney was “sole stockholder, chairman of the board, chief executive officer, and president” as late as 2002.

In a statement released Thursday Bain Capital said, "Mitt Romney left Bain Capital in February 1999 to run the Olympics and has had absolutely no involvement with the management or investment activities of the firm or with any of its portfolio companies since the day of his departure."

It added that, "Due to the sudden nature of Mr. Romney's departure, he remained the sole stockholder for a time while formal ownership was being documented and transferred to the group of partners who took over management of the firm in 1999. Accordingly, Mr. Romney was reported in various capacities on SEC filings during this period."

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So that is the first or inner circle. These 10 families then control 30 families who are the next richest in the world. That’s the second circle. And the third circle consists of 300 families who are very rich and control 300 countries through each of their central bank systems. They control the fiat money. They produce it and tell each country what it is worth according to the U.S. dollar which they control as well. And there is no more gold behind the U.S. money, only oil. Fort Knox is empty. Five of the ten families we think we know; Rothschild, Rockefellers’, Astor’s. Hapsburgs, Vanderbilt’s. The rest of the inner circle is not known for sure. This inner circle meets regularly with the other two circles in there Headquarters of the Baltimore estate a 240 room estate owned by the Vanderbilt’s, in Ashland N.C. In Which parts of it is open to the public, strange huh.

The gold is in the Europe banks of Holland, Belgium and Germany where all of these plans started so long ago. Soon the new Euro will come out with 10 percent gold behind it and it will then become the new world currency, even more than the current silver-backed Euro which has nearly doubled against the U.S. dollar (in November 2007) since it came out in 2000. But that currency won’t last long.

When the U.S. dollar completely sinks to nothing against the new Euro, the bankers will then issue a new currency for the new country that they will create called the Northern Union, being Canada, USA and Mexico. Belize will probably be first to join the new Central American Union. The new currency will be called the Ameruro and will be backed by 20 to 30 percent silver until both world currencies will be made illegal or be replaced by the 666 (credit cards and the mark of the beast implant chips) as in the revelations prophecies and predictions. Radio Frequency Identification (RFID) with credit money status.

And what does revelation mean? It means to reveal. I can hardly do them the justice of revealing what I know in only one chapter. Our space brothers call them the SSG. The secret sinister government is a good name for them. They really consist of more than a hundred groups which we will get into soon, “the invisible controlling the visible.”

But first let’s talk about their Agenda. Their plans are to annihilate (kill off) 95 percent of the world’s population by 2012 or 2016 (that’s six billion people) when they plan to install the NWO Government and take over the world by force. They are now speeding up their plan because the cat’s out of the bag or the genie is out of the bottle. In other words, many people now know about them and their sinister plans for an evil world government and our space brothers can’t stop them under their law of non-interference unless the universe is endangered. That’s why it is called the secret world government, because most people don’t know or are in denial that they even exist.

Most people of the world were just busy chasing after the almighty dollar (false god) an IDOL which the SSG created and controls even to this day. Most governments of every major country are now under the control of the world mega bankers (global elites). At one time each country printed and owned their own money, so they wouldn’t go into debt. If they did go into debt they just printed more money, hopefully with more gold or silver behind it. In the very old days before promissory notes there were only gold, silver, copper and bronze coins, real money. But today it’s all only paper, fiat promissory notes or play money, with nothing of worth behind it, thanks to those world bankers.

Except there are some currencies that have value like the Swiss Franc which has value but no silver behind it and the English pound with 5-10 percent silver behind it and a few others. The present Euro dollar had ten or fifteen percent silver behind it as well and there are a few others like the ruble (Russia) and the yen (Japan). These are the currencies the rich and other wise people buy because they know they can turn it in for silver or gold and that’s why the Arabs and other oil countries are starting to get the Euro dollars for the promise to be soon backed by gold, instead of the US dollar which is only backed by oil and promises. They don’t want more oil. They want something more precious for their oil than play money. The Chinese are buying up Gold with there US play dollar, to back up there currency, which could soon be stronger than the US dollar.

These sinister secret government people now own 90 percent of the world’s natural resources. They own all the major oil companies, except maybe some of those in Saudi Arabia. They own the seven major companies of the world, starting with the insurance companies. They control legal pharmaceutical drugs and illegal drugs. Industries they own and control include metals and precious metals, as well as the war manufacturing companies for the big wars they create. They own and control the energy companies such as electricity. They own and control the major food companies, including the seeds, fertilizers and chemicals they distribute, as well as the farmers through the bank loans they provide.

The NWO owns and controls the seven major news and media companies (communication companies) like television, radio and newspapers. And these seven own and control most all of the local ones. This is happening throughout the world, not just in America where they have the strongest control. They own most of the world’s prestige land. They own 90 percent of the diamonds and precious stones. They own and control the major gold and silver companies as well as copper, iron, steel, bronze and other precious metals. They control the prices of all of these items throughout the world. They control the market value of them as well. They own and control the major stock companies throughout the world. And most of this ownership is secret as we have seen in the last several decades, with larger companies buying out smaller ones, whether it’s banks or manufacturing companies. They say that in the USA only 30 companies own and control the 300 major companies on the stock market.

The SSG is behind the scenes in all these dealings. The Rockefellers and Rothschild’s have so much money or promissory notes coming in that they can’t count it on the screen before it changes into higher amounts. What a scenario. It’s sort of like playing a big Monopoly game. In the end, only a few people own everything.

These families also control and own the military, especially in America. That’s one reason why the U.S. military is the largest and why they have over 800 U.S. bases all over the world, not counting the 200 secret ones. The military and their bases are being used by the SSG for two purposes, first making money from the war machine itself. And secondly to use the U.S. government or military to control and enforce the NWO when they decide to announce the takeover by 2016 or maybe before, but at least by that time era. It’s all in place now.

The military uses its soldiers as guinea pigs. I was one in the Vietnam era. And now there are a total of 7,800 guinea pigs that have died in the two Bush Gulf Wars, mostly from radiation and gas from their own weapons and from bad vaccines. Unknown to most in the military, the Illuminati will use the present U.S. military to take over the world. Then they, too, will be replaced with official NWO military. So they will become useless guinea pigs as well. The NWO military are dressed in black like the regular covert military black ops.

The Americans have been programmed for war since the first two world wars which, by the way, were started by the Illuminati as well. Pearl Harbor was a planned attack that they knew about before hand to get Americans into the war and to get the money making war machines going. It worked well. So when it was over, they went into Korea and then Vietnam, etc. Now over 200 countries have been invaded by the Americans, backed by the NWO which also owns and controls the United Nations (UN) Army as well.

We were programmed from children to become soldiers and killing machines as a society. The U.S. people should learn the lessons of war in these last two wars. Afghanistan was mostly for an oil pipeline and control and ownership of drugs .The worlds biggest and longest standing drug dealers, and now the drug industry has doubled under USA control and controls the world market since the Russians left and the Americans took over. The Iraq war was for their 1200 oil wells. Americans thought they would get cheaper oil so they let Bush invade .Both Ben Laden and Hussein were US. CIA friends before and were trained by the USA military. So, the whole thing back fired on them once the US. Major oil companies got the oil the people only got higher gas prices. Then these companies could override OPEC and triple the cost of oil to the U.S. and the world. To be continued TM

 

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Visa, MasterCard in $7.3 billion settlement over credit card fees


The credit card companies and the banks that issue those cards have agreed to pay merchants $7.25 billion to resolve dozens of lawsuits filed by retailers in 2005. Visa and Master-card had been accused of fixing fees for processing credit and debit card payments. NBC's Brian Williams reports.

Updated at 8:13 p.m. ET: Visa, MasterCard and the nation's biggest banks have agreed to pay $7.3 billion to millions of merchants to end a seven-year dispute over credit card “swipe” fees. The settlement includes at least $6.05 billion in payments to some 7 million merchants for past damages and a temporary reduction in fees valued at $1.2 billion.

Visa alone has agreed to pay $4.4 billion to settle the class action and related individual claims from merchants who alleged the card issuers violated the Sherman antitrust act by fixing the fees imposed to process credit card transactions. The settlement, which still requires judicial approval, is believed to represent the largest payment ever in a private antitrust case brought under the Sherman Act.

 

"Over time, the reforms induced by this case and in this settlement should help reduce card-acceptance costs to merchants, which in turn will result in lower prices for all consumers," said K. Craig Wildfang, a partner at Robins, Kaplan, Miller & Ciresi, and co-lead counsel for the plaintiffs.

The settlement agreement also would give merchants new rights to impose a surcharge on credit transactions, subject to a cap and other limitations. The rules governing such surcharges likely would be implemented in early 2013. Merchants also would be allowed to band together to try to negotiate better rates on the so-called interchange fees.

Trish Wexler, a spokeswoman for the Electronic Payments Coalition, which represents the card issuers, said the provision for new surcharges is “not necessarily a consumer-friendly provision -- and something that our side certainly did not want to happen.”

But she said the industry is satisfied by measures that prohibit retailers from charging consumers more than they actually pay for card processing, which typically ranges from 1.5 to 3 percent of the transaction.

 

Plaintiffs attorney Martin Lueck, chairman of the executive board of Robins, Kaplan, said the allowed “surcharge” is actually a pro-consumer provision of the settlement.

“Really it’s a discount that the merchants are now allowed to offer for the less expensive form of payments,” he said. He also said merchants would for the first time be allowed to disclose how much it costs them to accept credit cards.

Although the settlement still requires the approval of U.S. District Judge John Gleeson, Wexler said the industry was pleased that the long battle appears to be nearing a conclusion.

“The language puts a period at the end of this epic interchange battle between merchants and the credit card industry,” she said. “From our industry’s perspective we're very pleased that this long political battle is finally over.”

Based on the legal timetable, a settlement could be submitted to the judge for preliminary approval in 90 to 120 days. That would set in motion a notice period and then final approval, meaning payments likely would not go out until 2013. Legal fees have not yet been determined, Lueck said.

 

The settlement also includes a reduction of 10 basis points, or 0.1 percent, for eight months to merchants involved in the case, probably beginning in mid-2013.

"We believe settling this case is in the best interests of all parties," Joseph Saunders, Visa chairman and CEO, said in a statement. He said the company is "comfortable with the terms" of the settlement and does not anticipate an impact on earnings expectations.

“Although we have strong defenses to all claims, a settlement avoids years of litigation and uncertainties that are inherent in such cases," said Noah Hanft,  general counsel for MasterCard, which will pay $790 million toward the settlement.

Rep. Peter Welch, D-Vt., who has been active in the interchange fee issue, called the settlement a "step in the right direction."

"And it should send an unambiguous message to big banks and credit card companies: Stop ripping off your customers with excessive fees," he said in a statement.

The Dodd-Frank financial regulation reform law established after the 2008 financial industry meltdown includes a provision, bitterly fought by the card industry, authorizing the Federal Reserve to limit swipe fees for debit cards.

 

The class-action suit dates to 2005, and involves most major U.S. banks as defendants, including JPMorgan Chase, Bank of America, Citibank, Wells Fargo, Capital One and others. Merchants include grocery chains Kroger Inc. and Safeway Inc., Rite Aid Corp., QVC Inc. and a long list of other trade groups and small merchants.

Not everyone is happy with the settlement. The National Association of Convenience Stores issued a statement of rejection, saying the deal fails to introduce competition and transparency into “a clearly broken market.”

"This proposed settlement allows the card companies to continue to dictate the prices banks charge and the rules that constrain the market including for emerging payment methods, particularly mobile payments,” said NACS Chairman Tom Robinson, president of Santa Clara, Calif.-based Robinson Oil Corp. “Consumers and merchants ultimately will pay more as a result of this agreement — without any relief in sight."

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Image: Russ Wasendorf cuts a ribbon in Cedar Falls
Rick Tibbott  /  Reuters
Russell Wasendorf, chairman and chief executive officer of PFGBest, in this 2009 photo courtesy of the Waterloo Courier.
By P.J. Huffstutter and Tom Polansek
updated 7/13/2012 7:25:08 PM E

CEDAR RAPIDS, Iowa/CHICAGO — Russell Wasendorf Sr, arrested on Friday, confessed to a 20-year fraud at his now-bankrupt Iowa brokerage, saying business troubles and his "big" ego left him no choice: "So I cheated."

In the dramatic conclusion to a week-long saga that has shaken trader confidence in the trillion-dollar U.S. futures markets, authorities released parts of a detailed statement in which one of the industry's best-known veterans explained how he used little more than a rented P.O. Box, Photoshop and inkjet printers to dupe regulators in a more than $100 million scheme.

FBI agents arrested Wasendorf, 64, at the Iowa City hospital where he has been since trying to commit suicide on Monday. He was charged with making false statements to regulators, but prosecutors said they would seek more charges. He faces "decades in prison", Assistant U.S. Attorney Peter Deegan said.

 

In the signed statement, left along with a suicide note and released as part of the criminal complaint, Wasendorf said he began forging bank documents after the business he built from his basement risked failing without additional capital. The timeline suggests his deceit lasted almost the entire life of his brokerage.

"I was forced into a difficult decision: Should I go out of business or cheat?" he wrote.

"I guess my ego was too big to admit failure. So I cheated," the note said. It was discovered on Monday in his car outside the company's new Iowa headquarters, where Wasendorf had tried to kill himself by funneling in tailpipe exhaust.

The arrest ends much of the mystery that has enveloped the futures industry this week. But it will not ease the pain of betrayal in the small Iowa town that Wasendorf made his corporate home in 2009, nor the anger of a financial industry still smarting from the failure of rival brokerage MF Global.

"I have committed fraud," Wasendorf wrote in the note, the contents of which he later told authorities were true. "I feel constant and intense guilt."

Yet he also wrote in almost boastful detail about the "blunt authority" that allowed him to control the flow of documents into the company; how he used a simple post office box to trick "unquestioning" regulators; and his skill in turning out forged bank statements within hours that "no one suspected."

Wearing a blue polo shirt, jeans and a white hospital bracelet around his left wrist, Wasendorf shuffled into a Cedar Rapids courtroom with slumped shoulders hours after his arrest. He was handcuffed, chained at the waist, and his legs were shackled.

He did not enter a plea at the initial appearance, and told Magistrate Judge Jon Stuart Scoles that he was taking anti-depressants. He will be held at an undisclosed location at least until his next court appearance on Wednesday, Deegan said.

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A spokeswoman for PFGBest, which had been one of the industry's 10 largest independently owned futures brokers before collapsing this week, could not be reached for comment. The company is now in Chapter 7 liquidation proceedings.

Regulatory shock

Wasendorf's downfall has shocked his family and colleagues and has shattered his image in his adopted hometown of Cedar Falls, Iowa, where he moved PFGBest's headquarters in 2009 after building an $18 million complex that included day-care, a four-star cafeteria and state of the art geothermal climate control.

With an unusual empire including a Romanian property company and a glossy magazine, Wasendorf's ego stood out even in the rough and tumble world of the Chicago futures industry. He proudly underwrote big-name guest speakers at industry events and held private VIP receptions for them, and flashed a jeweled pinky ring. His favorite quote, according to his Facebook page, was, "If I wanted patience, I would buy it."

More widely, his fall also rattles investors' confidence in the pillars of the futures markets: brokers' safeguarding of client money, and, equally important, regulators' ability to police the industry.

The prolonged nature of the fraud is sharpening criticism of regulators like the National Futures Association, the industry group that had first-line responsibility for overseeing non-exchange brokers like PFG. MF Global, by contrast, is believed to have tapped into client funds in a desperate bid to keep itself afloat during its final days.

"It's stomach churning," said Lauren Nelson, director of communications for Attain Capital, an introducing broker specializing in managed futures in Chicago that had accounts at PFGBest. "It's unbelievable that this was able to be going on for so long without the regulators noticing."

'Without question'

The federal complaint alleges that, from 2010 through July of 2012, Wasendorf made false statements to the U.S. Commodity Futures Trading Commission regarding the value of customer segregated funds held by Wasendorf's Iowa-based company.

But Wasendorf in the statement said the forgeries started "nearly twenty years ago," suggesting he was fooling regulators from the very beginning. Peregrine was first registered as a futures brokerage in 1992, according to its website.

The deceit evolved with the world, and Wasendorf "established rules and procedures as each new situation arose."

When auditors began contacting banks directly to verify brokers' balances, he opened a post office box in the name of Firstar Bank -- later U.S. Bank -- and intercepted the confidential forms, he said. He returned doctored statements that had been inflated by more than $200 million, more than half of PFGBest's total customer funds.

As he quickly learned how to falsify online bank statements amid the rise of Internet-based banking, Wasendorf wrote that "regulators accepted them without question."

Until now, apparently. The NFA started a new audit of PFGBest about two weeks ago, demanding for the first time that he allow its auditors an electronic, direct look at his bank accounts, NFA's non-executive chairman Chris Hehmeyer said.

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How the Mormons Make Money

By Caroline Winter on July 10, 20

Late last March the Mormon Church completed an ambitious project: a megamall. Built for roughly $2 billion, the City Creek Center stands directly across the street from the church’s iconic neo-Gothic temple in Salt Lake City. The mall includes a retractable glass roof, 5,000 underground parking spots, and nearly 100 stores and restaurants, ranging from Tiffany’s (TIF) to Forever 21. Walkways link the open-air emporium with the church’s perfectly manicured headquarters on Temple Square.Macy’s (M) is a stone’s throw from the offices of the church’s president, Thomas S. Monson, whom Mormons believe to be a living prophet.

 

On the morning of its grand opening, thousands of shoppers thronged downtown Salt Lake, eager to elbow their way into the stores. The national anthem played, and Henry B. Eyring, one of Monson’s top counselors, told the crowds, “Everything that we see around us is evidence of the long-standing commitment of the Church of Jesus Christ of Latter-day Saints to Salt Lake City.” When it came time to cut the mall’s flouncy pink ribbon, Monson, flanked by Utah dignitaries, cheered, “One, two, three—let’s go shopping!”

Watching a religious leader celebrate a mall may seem surreal, but City Creek reflects the spirit of enterprise that animates modern-day Mormonism. The mall is part of a sprawling church-owned corporate empire that the Mormon leadership says is helping spread its message, increasing economic self-reliance, and building the Kingdom of God on earth. “The Church of Jesus Christ of Latter-day Saints attends to the total needs of its members,” says Keith B. McMullin, who for 37 years served within the Mormon leadership and now heads a church-owned holding company, Deseret Management Corp. (DMC), an umbrella organization for many of the church’s for-profit businesses. “We look to not only the spiritual but also the temporal, and we believe that a person who is impoverished temporally cannot blossom spiritually.”

McMullin explains that City Creek exists to combat urban blight, not to fill church coffers. “Will there be a return?” he asks rhetorically. “Yes, but so modest that you would never have made such an investment—the real return comes in folks moving back downtown and the revitalization of businesses.” Pausing briefly, he adds with deliberation, “It’s for furthering the aim of the church to make, if you will, bad men good, and good men better.”

The Church: The imposing Salt Lake Temple took 40 years to buildPhotograph by Nathanael Turner for Bloomberg BusinessweekThe Church: The imposing Salt Lake Temple took 40 years to build

It’s perhaps unsurprising that Mormonism, an indigenous American religion, would also adopt the country’s secular faith in money. What is remarkable is how varied the church’s business interests are and that so little is known about its financial interests. Although a former Mormon bishop is about to receive the Republican Party’s presidential nomination, and despite a recent public-relations campaign aimed at combating the perception that it is “secretive,” the LDS Church remains tight-lipped about its holdings. It offers little financial transparency even to its members, who are required to tithe 10 percent of their income to gain access to Mormon temples.

The Mormon Church is hardly the only religious institution to be less than forthcoming about its wealth; the Catholic Church has been equally opaque throughout history. On the other hand, says historian D. Michael Quinn, who is working on a book about the LDS Church’s finances and businesses, “The Mormon Church is very different than any other church. … Traditional Christianity and Judaism make a clear distinction between what is spiritual and what is temporal, while Mormon theology specifically denies that there is such a distinction.” To Latter-day Saints, opening megamalls, operating a billion-dollar media and insurance conglomerate, and running a Polynesian theme park are all part of doing God’s work. Says Quinn: “In the Mormon [leadership’s] worldview, it’s as spiritual to give alms to the poor, as the old phrase goes in the Biblical sense, as it is to make a million dollars.” 
 
 
Mormons make up only 1.4 percent of the U.S. population, but the church’s holdings are vast. First among its for-profit enterprises is DMC, which reaps estimated annual revenue of $1.2 billion from six subsidiaries, according to the business information and analysis firm Hoover’s Company Records (DNB). Those subsidiaries run a newspaper, 11 radio stations, a TV station, a publishing and distribution company, a digital media company, a hospitality business, and an insurance business with assets worth $3.3 billion.

AgReserves, another for-profit Mormon umbrella company, together with other church-run agricultural affiliates, reportedly owns about 1 million acres in the continental U.S., on which the church has farms, hunting preserves, orchards, and ranches. These include the $1 billion, 290,000-acre Deseret Ranches in Florida, which, in addition to keeping 44,000 cows and 1,300 bulls, also has citrus, sod, and timber operations. Outside the U.S., AgReserves operates in Britain, Canada, Australia, Mexico, Argentina, and Brazil. Its Australian property, valued at $61 million in 1997, has estimated annual sales of $276 million, accordinly.

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JPMorgan investors wait to hear about the 'London Whale's' splash

Eduardo Munoz / REUTERS

Commuters are reflected in stone as they walk past the JP Morgan headquarters in New York.

When JPMorgan reports its quarterly results Friday morning, most investors will be eager to hear just one key piece of information: How much of a splash did the London Whale make for the bank?

In mid-May, the bank announced it had sustained a multibillion-dollar loss that originated in its London office because of a failed hedging strategy undertaken by Bruno Iksil, nicknamed “The London Whale” because of the size of the trading positions he took.

Since then, JPMorgan CEO Jamie Dimon has appeared on Capitol Hill to explain the massive loss, which the New York Times reports has grown from the $2 billion originally reported to about $5 billion.

“Investors want to understand what happened, who knew what and when,” Betsy Graseck, a managing director for Morgan Stanley, told CNBC Thursday.

Bank earnings don’t usually attract much attention outside the Wall Street community of analysts, traders and other financial industry observers. The JPMorgan report is likely to spur greater interest because of the massive trading loss, which has enraged public opinion and led to Dimon appearing on television and two Congressional panels to own up to his company’s mistakes.

Graseck said it will be important for Dimon, for investors and for the public to set the record straight on the trading loss. He needs to detail exactly how much of the disastrous trade has been “unwound” so the company can move ahead and avoid any future volatility in its stock price that may arise from uncertainly over deeper losses.

“The question is how much [of the trade] is left to go, and what is the volatility on what’s left,” Graseck said.

Investors and the public will want to hear details of how much money will be recovered from top executives at the bank involved in the botched trade.

When he appeared before lawmakers last month to explain his bank’s multi-billion dollar losses, Dimon said the trading debacle will lead to “clawbacks” -- efforts to recover compensation paid to employees whose performance was later found to have harmed the company and shareholders.

Ina Drew, the former chief investment officer who oversaw the London office where the bank’s botched trade originated, is likely to see her pay curtailed, according to reports, and so is Iksil, according to a report in the U.K’s Telegraph newspaper.

Since May a handful of other financial scandals have hit the headlines, including news of a global rate-fixing scandal at U.K. bank Barclays and some $200 million missing from customer accounts at Iowa brokerage PFGBest.

These negative headlines are threatening to erode investor confidence in the financial services industry, said Bart Naylor, an expert in financial regulation at the consumer advocacy group Public Citizen. Dimon is likely to want to restore investor confidence after the trading error, which has wiped $23 billion off JPMorgan’s market value since it was announced on May 10 and has marred his reputation as one of the industry’s best risk managers.

Given his initial, sanguine response to the trading loss, when he called it a “tempest in a teacup,” Dimon appears to have been unable initially to comprehend the gravity of the error, Naylor said. Now, with the bank’s share price down 16 percent since it reported the loss, shareholders are showing they have “far less confidence” in the bank’s ability to judge risk, he added.

“He’s depending on people who have skills he doesn’t understand,” Naylor said. “That may be okay for a CEO in the computer software industry who doesn’t need know how to write code, but [at a bank] this has had a material effect on the company, and shareholders are affected.”

JPMorgan is the first big bank to report its earnings for the second quarter, and it will be watched as a barometer for the rest of the industry. Analysts expect the bank to report net income that is about half the $5.4 billion reported for the same period last year, which would mean that the trading loss wipes out much of the profit for the quarter. JPMorgan also reported a net income of $5.4 billion in the first quarter of 2012.

Whatever the quarterly results, Dimon still has a fan in billionaire investor Warren Buffett, who in an interview on CNBC Thursday endorsed the bank CEO as “one of the best bankers in the world” who “understands banking and understands risk.”

“If I owned a bank in Omaha and I could get Jamie to run it for me I’d be very happy,” he said. “Jamie understands risks,” he added, noting that the actions of the London trader Iksil were by one person who “went off the reservation” and didn’t represent company policy.

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ILLUMINATI, AS the Anti-Christ &New World Order (N.W.O.)

I THOUGHT IT WOULD BE A GOOD IDEA TO ONCE AGAIN PRESENT TO PEOPLE WHO THE DARK CABAL ILLUMINATI  IS  AND HOW THEY ARE ORGANIZED SO THAT WHEN WE BRING THEM DOWN YOU WILL BE ABLE TO UNDERSTAND WHAT IS HAPPENING AND BE ABLE TO EXPLAIN IT TO OTHERS AS THIS IS QUITE COMPLACATED. I AM SURE THEY DESIGNED IT THAT WAY, SO WE WOULDENT UNDERSTAND THERE EVIL WORKS. bUT THERE TIME IS UP AND WE DO NOW UNDERSTAND AND WILL TAKE THEM DOWN NOW.ADONAI

And ye shall know the truth and the truth shall set you free. John 8; 32. And have no fellowship with the unfruitful works of darkness, but rather expose them. Ephesians 5; 11.

The “Anti-Christ” is the Illuminati. Now here’s a subject that’s just crying out to be heard. The word conspiracy was just made for him. This is the group of super mega rich people, global elitists. Most all are bankers, although they meddle in politics. Actually they are the governments behind the governments, and own and control most of the major industries of the world. And all of this control is done behind the scenes; most people don’t know who is really in control. All together they own 90 percent of the world’s natural resources and commercial land. The Illuminati is an extremely evil organization that formed the NWO and their motto is “order out of chaos.” They create the problems and then they present the solutions. They are the nemesis of the Anti-Christ. And the Anti-Christ, SSG,( sinister secret government), The shadow government ,global elitist, mega rich, NWO, Big Brother, evil empire and dark forces are all names for the Illuminati.

I first heard about them 25 years ago and then again in Australia 20 years ago. Then in 1992 I bought the book Behold a Pale Horse by William Cooper, an ex-Naval intelligence officer. His book was the best at the time. Exposing the military's involvement in the Illuminati’s He was shot by the police five years later and died in that shoot-out at his house. He became a martyr. Alex Jones picked up where he left off and is still going very strong today, with books, and now documentary videos and his own radio show and appears on coast to coast am (C2C).

Plus his website “Prison Planet,” or infowars.com but there are many more now out there, like Daniel Estulin of Canada, living in Spain (who authors books and now a video about the NWO Bilderbergers), exposing the elite group of evil people who are planning and carrying out their plan for a one world government (NWO) which they control completely. Estulin is also a guest on C2C. There are many books and DVDs out now from others as well.

I believe David Icke’s books and now his new videos made with Chris Everard, a video photographer, are one of the best because not only do they expose the NWO, but they give some answers of how to deal with them. I do agree with most of the things they teach. They blend some of this spiritual energy into their work. Icke was also on C2C many times. They also have a web site www.EnigmaTV.com. They are planning on releasing a 35 mm movie soon. Right now they have about six videos you can order. There documentaries have a interesting British point of view. And just in time because the Illuminati plans to have completely collapsed the world money market by end of 2009, creating the Greatest Depression of all time. They plan to install the One World Government (NWO) by 2012 or (2016?).

This organization of the richest of bankers, elitists, goes way back to the time of Christ Jesus. But it wasn’t until 1776 in Bavaria “Europe” that one person decided to organize the banker group. His name was Adam Weishaupt. It is said that the first official banks of the world came from the Knights Templar of the free masons. They celebrated a satanic calendar of high holy days on the first of May each year. This festival of strange occult practices marked the official beginning, but the real planning was in the works since the time of Jesus. Maybe that is another reason why Jesus said, “Woe be ye money changers,” meaning the ones exchanging different currency for religion tithe and or bankers.

The Rothschild family took this satanic group a step further and created the Illuminati, becoming the first family of the inner circle. They became filthy rich by banking and investing in wars. They funded and sold war materials to both sides. They even raised and lowered the stock markets by knowing ahead of time the outcome of many wars. The most famous was Napoleon’s War, which he lost in the end, and the Rothschild family made a lot of money from it.

They became so large and powerful that the elder Rothschild sent his five sons to each major country in Europe in the 19th century and they all became mega rich. They took control over each country through the central bank which they owned. They controlled all the currencies giving out promissory notes with only 10 percent gold or silver backing it. They then printed and loaned play paper money called “fiat money” to the governments with interest.

They bought out one square mile of London City to build their British Central Bank. Even though they called it British Central Bank it wasn’t British or even owned by Britain. But the name made people think it was. They later did the same in the US, they created the Federal Reserve and because of the name Federal people thought it was the government but of course it wasn't.

It happened the same way in America. As the mega banker family's collapsed the currency there and then brought in their own. They started the Federal Reserve Banking System. But again it’s not the Federal government. So it’s just a name to make people think it belongs to the federal government. It is really comprised of private bankers (world bankers). This was done by the Rothschild, Morgan and Rockefeller families and other banking families who were involved in the takeover of the control and issuance of British, European, and U.S. currencies.

As Rockefeller later said, “I don’t care who runs the country if I can control the money.” In other words, whoever controls the money controls the country. Now these governments borrowed all of this so called fiat money to run their countries from this handful of bankers, including the Habsburgs and Rockefeller families, who were some of the richest people in the world next to the Rothschild family.

Basically these mega rich families control the whole world through control of the fiat currency. Other families joined them like Harry Oppenheimer from South Africa who became king of the diamonds which they stole from the African people. They control 90 percent of the world market for diamonds. His father was from Germany, as was the Rothschild family who owned the first diamond mines as well. These families work together today on many untold projects in Africa including one of the world’s largest spy system bases. They own and control the CIA and British Intelligence Agency plus all the major spy agencies around the world including the ex-KGB.

But it’s not just these three families, although they are the top ones who basically control the first group of what’s called the inner circle of 10. It was originally 15 families, then 13, then two families killed each other off and that left 11 in the circle. Now we’re back to where I spoke of before, around about the same time this NWO became official. They were joined by the Reptilian Shape Shifters who were the first to present to them how to control the whole world someday through banking by controlling and issuing the fiat money. And the Reptilians also explained how to install control over governments and their people.

This is how it’s done. Money is loaned to governments and when it comes time to pay back the bankers their money, plus interest, many times the countries could not. So the bankers suggest imposing a high tax upon the people to pay them back. And that’s exactly what they are doing even up to this day. Anyway, the eleventh member of the inner circle, the Reptilian Shape Shifters, was taken away by a Reptilian Shape Shifter Ranger, so that left only 10 families. These 10 families are still the richest people in the world today. I believe these 10 families represent the 10 horns of the beast in the revelations.

 Continued TM;.by Rev. Joshua Skirvin

from the E-book; 2012 NEW EARTH SURVIVAL.COM

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EXCLUSIVE: Romney Invested Millions in Chinese Firm That Profited on US Outsourcing

The GOP candidate decries China poaching US jobs. But at Bain he held a large stake in a Chinese company that did just that.

| Wed Jul. 11, 2012 8:10 PM PDT
© Joe Burbank/Orlando Sentinel/MCT/ZUMAPRESS.com

Last month, Mitt Romney's campaign got into a dustup with the Washington Post after the newspaper reported that Bain Capital, the private equity firm the GOP presidential candidate founded, invested in several US companies that outsourced jobs to China and India. The campaign indignantly demanded a retraction, claiming that these businesses did not send jobs overseas while Romney was running Bain, and the Post stood by its investigation. Yet there is another aspect to the Romney-as-outsourcer controversy. According to government documents reviewed by Mother Jones, Romney, when he was in charge of Bain, invested heavily in a Chinese manufacturing company that depended on US outsourcing for its profits—and that explicitly stated that such outsourcing was crucial to its success.

This previously unreported deal runs counter to Romney's tough talk on the campaign trail regarding China. "We will not let China continue to steal jobs from the United States of America," Romney declared in February. But with this investment, Romney sought to make money off a foreign company that banked on American firms outsourcing manufacturing overseas.

On April 17, 1998, Brookside Capital Partners Fund, a Bain Capital affiliate, filed a report with the Securities and Exchange Commission noting that it had acquired 6.13 percent of Hong Kong-based Global-Tech Appliances, which manufactured household appliances in a production facility in the industrial city of Dongguan, China. That August, according to another SEC filing, Brookside upped its interest in Global-Tech to 10.3 percent. Both SEC filings identified Romney as the person in control of this investment: "Mr. W. Mitt Romney is the sole shareholder, sole director, President and Chief Executive Officer of Brookside Inc. and thus is the controlling person of Brookside Inc." Each of these documents was signed by Domenic Ferrante, a managing director of Brookside and Bain.

The SEC filings do not reveal how much Romney initially invested in Global-Tech (which is now known as Global-Tech Advanced Innovations). But Brookside first acquired 748,000 shares at a time when Global-Tech was mounting an IPO at $19 a share. If that was the purchase price Brookside paid, then Romney's firm originally invested $14.2 million in the company.

At the time Romney was acquiring shares in Global-Tech, the firm publicly acknowledged that its strategy was to profit from prominent US companies outsourcing production abroad. On September 4, 1998, Global-Tech issued a press release announcing it was postponing completion of a $30 million expansion of its Dongguan facility because Sunbeam, a prominent American consumer products company and a major client of Global-Tech, was cutting back on outsourcing as part of an overall consolidation. But John C.K. Sham, Global-Tech's president and CEO, said, "Although it appears that customers such as Sunbeam are not outsourcing their manufacturing as quickly as we had anticipated, we still believe that the long-term trend toward outsourcing will continue." Global-Tech, which in mid-1998 announced fiscal year sales of $118.3 million (an increase of 89 percent over the previous year), also manufactured household appliances for Hamilton Beach, Mr. Coffee, Proctor-Silex, Revlon, and Vidal Sassoon, and its chief exec was hoping for more outsourcing from these and other American firms.

 

The Romney campaign and Bain Capital have insisted that Romney departed Bain in February 1999 to head the troubled 2002 Winter Olympics in Salt Lake City and had no involvement in the private equity firm's deals after that point—a contention that has been challenged by the Obama campaign. But the Global-Tech Appliances transactions occurred long before Romney jetted off to Utah.

At the time Romney was acquiring shares in Global-Tech, the firm publicly acknowledged that its strategy was to profit from prominent US companies outsourcing production abroad.

Brookside downsized its Global-Tech holdings later in 1998.An SEC filing submitted on December 21, 1998, reported that the Bain affiliate now controlled only 4.63 percent of the company's shares. But Brookside was sharing its stake in Global-Tech with Sankaty High Yield Asset Investors LTD—a Bermuda-based corporation of which Romney was the "the sole shareholder, a director, and President." That is, Romney had split his Global-Tech holdings between two of his various business entities. (The SEC filing doesn't indicate why he did that.)

 

Sankaty is a story in itself. It was recently the focus of an Associated Press investigation that reported that Sankaty "is among several Romney holdings that have not been fully disclosed" and that there is a "mystery surrounding" Sankaty. Reporting on this Romney entity, Vanity Fair noted that "investments in tax havens such as Bermuda raise many questions, because they are in 'jurisdictions where there is virtually no tax and virtually no compliance,' as one Miami-based offshore lawyer put it." With Sankaty, Romney was using a mysterious Bermuda-based entity to invest in a Chinese firm that thrived on US outsourcing.

In early 1999, Romney's investment in Global-Tech expanded again. An SEC report filed on March 25, 1999, stated that Brookside and Sankaty at this stage owned 9.11 percent of the firm's stock. Romney was still listed as the sole shareholder and president of both Brookside and Sankaty.

By this point, according to the open-to-question account offered by Bain and the Romney campaign, Romney no longer had any involvement in Bain deals. But the series of SEC filings show active Brookside and Sankaty trading in Global-Tech Appliances while Romney fully controlled these firms. The two Romney companies repeatedly changed their ownership stake in this Chinese firm, which was not shy about its dependence on outsourcing. In its 2001 annual report, Global-Tech noted that US outsourcing was essential to its prospects: "Household appliance companies are focusing on their primary strengths of marketing and distribution, while increasingly outsourcing product development and manufacturing…Our ability and commitment to develop new and innovative, high quality products at a low cost has allowed us to benefit from the increased outsourcing of product development and manufacturing by our customers."

 

In August 2000, Brookside and Sankaty sold their interest in Global-Tech, according to the SEC documents. With these filings disclosing minimum details about Romney's investment in Global-Tech, there is no telling how much money he made—or lost—on the deal.

A spokeswoman for Bain says that the company will not comment on the Global-Tech investment or provide any additional details about this deal. A Romney campaign official would not address the issue of Global-Tech profiting from US outsourcing, but this Romney aide maintains that this deal was nothing other than a routine investment in a foreign company: "[I]t's my understanding that while Brookside is a part of Bain Capital, it is not a private equity vehicle. Brookside makes passive investments in public stock. They don't control or manage the companies they invest in. Brookside had a small ownership stake (9.11%) in Global-Tech…while Romney was there. If owning shares in a foreign company is somehow wrong, President Obama is guilty as well." (The Romney campaign points out that Obama's personal holdings include an investment in a Vanguard 500 Index retirement fund that contains shares in a handful of foreign companies.)

 

In recent weeks, Romney's involvement in outsourcing has become a contentious campaign issue. Late last month, the Obama campaign launched ads that accused Romney of being a "corporate raider" who "shipped jobs to China and Mexico" and slammed him as an "outsourcer in chief." The Romneyites cried foul, pointing to neutral fact-checkers who criticized the ads, and asserted that Obama was trying to distract from bad economic news. And the Romney campaign, pushing back on the Post story, maintained that the newspaper missed the difference between outsourcing and offshoring. This week, Romney declared that Obama was the real "outsourcer-in-chief," insisting that the president funded "energy companies, solar and wind energy companies that end up making their products outside the United States." (TheNew York Times immediately debunked much of Romney's attack, and the Washington Post's "Fact Checker" column awarded four Pinocchios to an Americans for Prosperity ad that in April made a similar claim about Obama and green-jobs outsourcing.)

Romney's Global-Tech deal adds a new dimension to the debate over Romney and outsourcing. Whether or not he was at the helm when Bain invested in US firms that did or did not ship jobs overseas, Romney was in command when a company he owned and controlled bought a large stake in a Chinese venture that counted on American companies sending manufacturing—and that means jobs—to China. These days, Romney rails against China for swiping American jobs and proclaims, "For me, it's all about good jobs for the American people." But when there was money to be made by acquiring a chunk of a Chinese company that aimed to displace American manufacturers (and American workers), Romney's patriotism did not interfere with the potential for profit.

Research assistance: James Carter, NOTE; Finally the truth begins to come out, more to come.Rev. Joshua,Adonai

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Terrence Aym

HAARP: in some circles the name’s become synonymous with intrigue. Determined investigators, delving deeply into the permutations of power the globally expanding high frequency radio installations wield, claim that HAARP (High Frequency Active Auroral Research Program) can create weather, steer massive storms, ignite mighty volcanoes, and trigger devastating earthquakes. Some, like physicist Dr. Fran De Aquino, have uncovered evidence that the project far exceeds the study and manipulation of the Earth’s ionosphere, and may actually affect gravity and time.

Researcher Mike Hagan has found startling evidence HAARP may be more insidious than most investigators think. Hagan’s discovered incredible evidence that, while the masters of HAARP may be doing everything investigators suspect, they’ve also embarked on a mind-boggling project designed to power-up and control the unknown ancient powers locked inside some of the world’s greatest pyramids…a tremendous power that could enable the controllers of advanced Tesla technology to reach out, grab the world by its collective throat, and shake it into submission.

 

Pyramids: massive powerplants

More than one researcher, including some electrical engineers, have made the case that some of the more ancient pyramids are actually gigantic machines that generate power. Some have even built models that prove their contention that pyramidal structors are natural reservoirs of energy and can act as huge capacitors and generators of electricity.

Among the first to propose the theory was Christopher Dunn. He introduced the theory to the world with his article Advanced Machining in Ancient Egypt that revealed machining techniques far more sophisticated than most orthodox Eqyptologists realized.

Explorer, researcher and author, Christopher Dunn

After that landmark article, Dunn went on to publish many articles expanding his theory until he published the breakthrough book, The Giza Power Plant: Technologies of Ancient Egypt. [Video]

Dunn’s book caused instant controversy, although it intrigued many scientists. While his perspective on ancient technology was dramatic, it was also testable.

A pyramid power generator prototype

One such model was built by an engineer from Austria named Trawöger. When scaled up to sizes equaling large pyramids found around the world the power increases exponentially and could produce gigawatts, or the equivalent of small nuclear reactors without the risks. Pyramids may be the ultimate “green energy” power source.

Video demonstration of how pyramids generate electrical power:

Evidence exists that some of the energy that accumulates within pyramids may be hyperdimensional in nature. Some researchers suspect that pyramid energy vortices are creating torsion fields and generating scalar waves.

Mayan pyramid shoots beam [See World's Pyramids Beaming Energy]

Area 51 energy pyramid [See: Area 51's Massive Alien Pyramid]

If so, directed HAARP scalar waves can intensify a pyramid’s power and vastly increase the release of torsion field energy.

HAARP: scalar waves and hyperdimensional torsion fields

Dr. Aurelie Laurence notes: “The term scalar was used by Nikola Tesla at the end of the last century as a part of powerful non-Hertzian energy (without frequencies) which he referred to as cosmic waves. Einstein gave reference to the scalar energies in the 1920’s.”

Scalar waves were first identified during the 19th Century by James Maxwell. Although Maxwell’s mathematics revealing the association between magnetic attraction and electrical force created the entire basis for what later grew into modern physics, many other scientists dismissed the evidence for scalar waves because they could not be detected.

As physicists concentrated on electritiy and magnetism, Maxwell’s scalar waves were tossed into the dust bin as mysticism. But decades later a genius found physical evidence that Maxwell was correct. That genius was Nicola Tesla.

Computer image of scalar standing waves

The already famous inventor, who had a slew of basic patents under his belt, discovered that scalar waves were generated when high-voltage direct current was abruptly interrupted. Tesla discovered scalar waves propigated from the electromagnetic currents being studied by Heinrich Hertz—another scientist who had shrugged off Maxwell’s scalar wave math as unprovable nonsense.

Investigating the history of Tesla and scalar waves, researcher Christi Verismo writes: “By 1904, Tesla had developed transmitters to harness scalar energy from one transmitter to another, undetectably bypassing time and space. He could just materialize it from one place to another through hyperspace, without the use of wires, it was just sucked right out of the space-time/vacuum and into a transmitter and into a beam which could be targeted to another transmitter.”

This was the revolutionary breakthrough that Tesla called broadcast power.

“Crossing the beams can create what some researchers of the waves term a Tesla globe. This energy sphere can be used to manipulate other forms of energy as well as matter.” The Tesla globe energy field is the electromagnetic effect that is behind the power that some researchers claim is being tested by the HAARP complexes appearing across the world.

Tesla’s early research also generated torsion fields. Although electromagnetic scalar-directed torsion fields are considered science fiction or pseudoscience by many physicists, some of Tesla’s technology worked to harness this “mysticism” and no less than Albert Einstein’s math also supports the existence of both phenomena.

Many articles have been written about torsion fields and a partial list can be viewed here.

Torsion field illustration [Image: Enterprise Mission]

The hypderdimensionality aspect that some like Richard C. Hoagland promote, seems to have more fact than fantasy underlying the hypothesis. Tesla used it for broadcast power applications and to create and direct his infamous “death ray.”

Another Tesla researcher who’s captured the attention of many Western governments—and the U.S. miltary—is John Hutchinson. The Canadian technologist created what’s known as the “Hutchinson Effect” that demonstrates powerful Telsa technology can be used to create energy storms, trigger high energy bombs, achieve amazing anti-gravity effects, and transmute matter.

The Hutchison effect: Steel cylinder turns to jelly

Hutchinson admits that his high energy electromagnetic experiments are resulting in phenomena that is outside the current theories of physics, but the influence of scalar waves and hyperdimensional torsion field effects seems undeniable.

Researcher Lt. Colonel Thomas E. Bearden (retd.) is a PhD who’s devoted years of his life investigating the properties and propigation of electromagnetic fields and scalar technology by the United States and Russia. Bearden has come to the conclusion that the largest military forces of the world are involved in scalar wars.

Dangers beneath the sea

The world’s pyramids, especially the ancient ones that may be energy accumulators and advanced power stations, are scattered all over the world on every continent except Australia and Antarctica–although author Rex Gilroy claims a lost civilization called the ‘Uru’ built a pyramid in Australia that still exists, and allegedly a pyramid exists in the Antarctic buried beneath one mile of ice.

Like the vestiges of undersea cities, undersea pyramids exist. Some have been located off the coast of Japan,under the waters of the Caribbean, in the middle of the Pacific Ocean, and at the bottom of the Atlantic by ocean explorer Tony Benik. Who built these mysterious pyramids and how did they come to be on the bottom of the ocean floor?

No one knows for sure.

The three Pacific Ocean pyramids compared to those in Egypt [Image: Mike Hagan]

Magnification of three submerged Pacific pyramids [Image: Mike Hagan]

Three pyramids, deep under the Pacific Ocean, and curiously aligned like those at Giza, were researched byMike Hagan after he found evidence that HAARP scalar wave technology was activating the pyramids and triggering their dormant torsion fields.

[Image: Mike Hagan]

Telltale HAARP scalar wave rings [Image: Mike Hagan]

[Image: Mike Hagan]

Three ancient pyramids [Image: Mike Hagan]

Close-up of HAARP scalar wave rings and pyramids [Image: Mike Hagan]

HAARP: masters of the ancient power?

Mike Hagan’s discovery led him to incredible evidence that HAARP is conducting potentially dangerous experiments attempting to activate ancient technology that scientists think they can control.

Mike notes: “Look closely at the Pacific pyramid alignments and the structures within. When looking at the full-sized maps you will notice that there is a wee structure to the SE, the actual third pyramid similar toMenkaure…“

But the pyramid technology is ancient and may be based on physics from 50,000 years ago that today’s science can only guess at.

Unleashing the torsion field genies trapped inside the sleeping pyramids may unleash cascading events that could eventually prove uncontrollable.

Chinese professors think pyramid may be alien

Some of the pyramids—such as the massive and mysterious Xianyang pyramid near the apex of Mount Baigong in the western province of Qinghai, China—may have alien origins.

The ancient pyramid network—stretching across continents and some built on land now far under the sea—could be all that remains of an incredibly old global broadcast power grid engineered to accumulate energy and release it on demand as Nicola Tesla once did.

Could the release of hyperdimensional torsion fields by those super-civilizations have also released unimaginable and eventually uncontrollable forces that contributed to the fall of of those civilizations? Perhaps.

If true, then embarking on a project to reawaken them without full knowledge of exactly how they work and what their limits of power might be is a fools’ errand.

The would-be HAARP masters of ancient technology might instead find themselves the victims of it. Instead of accessing the secrets of the ancients and acquiring limitless power, they could be releasing relentless demons.

And then the gates of hell could be flung wide open and chaos rule the Earth.

NOTE; they forgot to mention a few things. One was that Tesla made a car that ran on this scalar energy from these invisible torsion fields. He did this in the early 40's in a Packard. He took out the gas motor and put in a electric motor that ran from 12v. electricity that came from a large antenna connected to a black box on the floor of the front seat.He drove it across america on free energy. After Tesla was killed the DC govt. took it and cut it up into little pieces, so no one would remember. The 2nd point is the picture above with the pyrimids shooting out energy is true and correct but the question is did HAARP cause this or did the Photon Belt cause it,sense it only started to happen when the Galactic Photonic Cloud began to appear on the edge of our Galaxy last yr. 3rd Thing is if you notice many of the caps of the pyrmids are missing. And that is for a good reason. Our space brothers took them off because yes once or twice before this power was misused. Once by the Atlantans who tried to use it to take over the world and the other time by beings from Meldek to harness the energy from the great pyramids of Egypt to send back to there dying Planet of Meldek. They had a green capstone of crystal on top and sent so much energy to there planet when they turned it on that they blew it up. Also it drained our Earth energy somewhat. Lessons to be learned.P.S.  I sleep under a copper pipe pyramid that I made nearly 20 yrs ago, it enhances my lucid dreams, along with the crystals that I use, makes it much easier to lucid dream for Ascension !! Adonai

 

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San Bernardino is third California city to go broke

A house for sale is pictured in San Bernardino, California, in February 2009San Bernardino has seen thousands of homes repossessed and massive unemployment

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A third Californian city in as many weeks has gone bust, a fresh indication of the financial fault lines exposed by the recession in one of America's wealthiest states.

San Bernardino's city council voted by a majority on Tuesday night to seek bankruptcy protection.

The southern California city of about 210,000 faces a budget shortfall of nearly $46m (£30m), said officials.

Stockton and then Mammoth Lakes went broke in the last fortnight.

San Bernardino Mayor Patrick Morris was warned the city might not be able to pay its employees over the summer.

“Start Quote

This is lose, lose, lose all the way around”

Kathy MallonSan Bernardino resident

The city, located 60 miles (96km) east of Los Angeles, has been pummelled by a foreclosure crisis spawned by the housing crash, a now familiar story.

As well as having an estimated 5,000 homes repossessed, San Bernardino is struggling with an unemployment rate close to 16%, almost double the national average.

One resident accused city leaders before the vote of having squandered millions of tax dollars on transit projects and other wasteful schemes.

Kathy Mallon was quoted by the Los Angeles Times as saying: "This is lose, lose, lose all the way around. Residents will suffer. Businesses will suffer and city staff will suffer."

Stockton - a city of nearly 300,000 in California's Central Valley - filed last month for bankruptcy amid a $26m budget gap.

It was followed by Mammoth Lakes, a ski resort of about 8,000 residents, which has been saddled with a $43m legal judgment.

Before Stockton, a Californian city had not filed for bankruptcy since Vallejo in 2008.NOTE;This is only the beginning folks , more to come,I am sure. Rev.J

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Forget little green men: Aliens may look like jellyfish with orange bottoms, says government adviser

Forget little green men. Aliens may look like giant jellyfish with orange bottoms, a leading space scientist has claimed.

Maggie Aderin-Pocock, a satellite expert and government adviser, said it is likely that there is extra-terrestrial life – it is just more alien than you’d imagine.

Rather than being the little green men so beloved of Hollywood directors, they may look like football-field sized jellyfish, complete with onion-shaped appendages and an orange underbelly or bottom.

Generated from silicon, rather than the carbon that is the basis of life as we know it, the creatures are able to live off light absorbed through their ‘skin’ and chemicals sucked in through their giant mouths.

Welcoming our new jellyfish overlords: This is what evolution might have come up with on a world such as Saturn’s moon Titan, Dr Maggie Alderin-Pocock believes

Other alien adaptations could include ‘talking’ via pulses of light.

But while they might resemble jellyfish, they will live not in the sea but in the atmosphere of a Jupiter-like planet, where they float around.

The orange underside acts as camouflage, allowing them to escape predators in a fiery atmosphere, while the onion-like appendages act as buoyancy sacs, taking in and letting out gas so it can gain or lose altitude like a hot air balloon.

 Much of her inspiration comes from strange life-forms recently discovered living deep beneath the ocean.

Dr Aderin-Pocock, who described her ET as part of Science Month on TV channel Eden, said: ‘Our imaginations are naturally constrained by what we see around us and the conventional wisdom has been that life needs water and is carbon-based.

‘But some researchers are doing exciting work, playing with ideas such as silicon-based life forms evolving on other planets in environments very different to our own.

‘My vision of aliens is an inhuman, silicon-based life form that looks much more like a jellyfish than sci-fi’s little green men.’

 

However, while the giant jellyfish may be out there, we have little chance of making contact with them.

Dr Aderin-Pocock, lead scientist with space company Astrium, says that while there are billions of planets in our galaxy alone, very few would be able to support life, let alone actually be home to it.

Dr Alderin-Pocock envisages creatures that float through clouds of methane, scooping chemical nutrients into their gaping mouths. The aliens keep themselves aloft by means of dangling onion-like buoyancy bags, and communicate with pulses of lightDr Alderin-Pocock envisages creatures that float through clouds of methane, scooping chemical nutrients into their gaping mouths. The aliens keep themselves aloft by means of dangling onion-like buoyancy bags, and communicate with pulses of light

Then, even if life has developed, it is unlikely to be intelligent enough to communicate with us. Finally, if it is able to make contact, the odds of it being around right now are extremely low.

She said: ‘If our intelligent aliens existed only during the time of the dinosaurs on Earth, it’s not much good to us.

‘This leaves us with an estimate of four intelligent alien civilisations in our galaxy with a means to communicate and overlapping in time with humans.’

Even then, communicating across space is a massive challenge.

For instance, the Voyager 1 spacecraft, which has been carrying a recording of greetings from Earth on its travels through the solar system since 1977, is only just about to leave the solar system behind and head for deep space.

Previous research has found almost half of Britons believe in little green men.

The poll of more than 2,000 for the Royal Society found 44 per cent were of the opinion that extra-terrestrial life exists.

Interest in ‘life but not as we know it’ does not end there, with more than a third of those questioned saying we should be actively searching and trying to make contact with ET.

Closer look: Dr Alderin-Pocock believes life is likely to have evolved very differently on other planetsCloser look: Dr Alderin-Pocock believes life is likely to have evolved very differently on other planets

NOTE; Does anyone recognize these pics. To me they look almost exactly like the pics in Gene Rodenberys TV series ,Star Trek- The Next Generation. I am a Star trek fan of the 2nd Generation and this was the pics they used in the very 1st episode. Except those aliens were also shape shifters. They could become a space ship or a space ship base. So where does the govt. get off telling us that they invented this alien life form from the ocean jelly fish and there discovers in space.They are 25 yrs behind Star Trek. Rev.Joshua,Adonai

 

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A scandal over rate-fixing is about to hit the US

© Phil Noble / Reuters / REUTERS

A branch of Barclays bank is seen in northern England.

It may seem like just another obscure banking scandal at a 322-year-old British bank, but there are a number of good reasons why you should care about the LIBOR rate-rigging scandal now roiling the world’s biggest and most powerful banks, including that it probably cost you money if you own a mortgage.

In late June, Barclays paid $453 million to regulators in the U.K and the U.S. to settle accusations that it had tried to influence LIBOR, or the London interbank offered rate -- a benchmark interest rate that affects the price at which consumers and companies across the world borrow funds.

The rate, which is fixed via a poll of banks by the British Bankers’ Association, an industry group in London, is the benchmark for setting payments on some $360 trillion worth of financial instruments, ranging from credit cards to more complex derivatives, such as futures contracts.

The potential scope of the unfolding scandal, now acquiring global significance, is enormous. Other banks that have disclosed that they are under investigation for LIBOR manipulation include big U.S. banks, such as Citigroup and JPMorgan Chase, and also HSBC, Deutsche Bank and the Royal Bank of Scotland.

 

Economists and analysts predict the LIBOR scandal could be one of the most expensive to hit the banking sector since the financial crisis, engulfing more multinational banks with fines that dwarf the one handed to Barclays and further eroding investor confidence in the banking sector.

It has already claimed the heads of the top leaders at Barclays -- Chief Operating Officer Jerry del Missier, Chairman Marcus Agius and Chief Executive Bob Diamond -- and more heads at major banks are likely to roll, said Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corporation, a government agency designed to promote public confidence in banks.

“It depends on how pervasive it was at the other institutions,” Bair told CNBC. “It sounds like it was pretty widespread.”

Bart Naylor, an expert in financial regulation at the consumer advocacy group Public Citizen, said that a wave of investor lawsuits seems inevitable, especially here in the U.S.

RelatedAre you making $30,000 a year or less? We want to hear from you.

 

Naylor said he can envisage a scenario where investors still involved in contracts that were set with erroneous LIBOR rates could call the contract null and void because it was built on incorrect information. There are likely thousands of such arrangements, he said. With more bank profits coming from derivatives trading as opposed to traditional interest incomes from loans, the potential for class action suits is significant, he said.

The potential avalanche of lawsuits has already started.

Last year the city of Baltimore sued a handful of major banks in federal court in New York, including Bank of America, JPMorgan Chase and Deutsche Bank, claiming those institutions conspired to manipulate LIBOR, which affected the city’s purchase of hundreds of millions of dollars in interest-rate swaps to hedge against changes in interest rates.

The Baltimore suit has since been consolidated with those filed by other municipalities, pension funds and hedge funds.

Darrell Duffie, a professor of finance at Stanford University’s Graduate School of Business, said he expects any lawsuits arising from the LIBOR scandal to cost banks in the region of billions of dollars, or tens of billions of dollars. He cautioned that it’s difficult to say which, given that at this point we do not yet know the ultimate extent of the participation of other banks in the LIBOR distortions.

 

“Also we do not yet know how difficult it will be to attribute how much of the distortion in LIBOR is due to the actions of each particular bank,” he said, adding that he does expect some lawsuits to be effective in these areas. “But the total damages are very hard to estimate until more of the evidence appears.”

Robert Shapiro, former Under Secretary of Commerce for Economic Affairs in the Clinton administration and now chairman of Sonecon, an economic advisory firm, warned Wednesday that the LIBOR scandal could become the largest financial fraud in history.

Shapiro wrote in a blog Wednesday that “coming on top of the reckless and dishonest behavior that led to the 2008 financial collapse, the LIBOR manipulations should finally dispose of the conservative case for self-regulation by Wall Street.”

Shapiro notes that LIBOR was off by an average of 30 to 40 basis points for several years (one hundred basis points is equal to one percentage point in an interest rate) -- enough to add $50 to $100 to the monthly cost of a $100,000 loan. He also notes that, between 2007 and 2008, Americans held $11.1 trillion in outstanding residential mortgage debt. During the time of the alleged manipulations between 30 percent and 40 percent of that debt carried adjustable rates, Shapiro said.

 
“If the bankers’ manipulations of the LIBOR was responsible for raising LIBOR rates by just 20 basis points in that period, their shenanigans added between $1.1 billion and $2.2 billion to the yearly interest paid by American homeowners,” he said. “And those mortgages account for less than one percent of all of the financial assets and instruments affected by manipulated LIBOR rates.”

Now only are banks under scrutiny, regulators are also under the microscope over the LIBOR scandal.

The Federal Reserve Bank of New York said Tuesday Barclays informed it about issues with LIBOR as early as August 2007, saying in a statement that it received “occasional anecdotal reports” from Barclays of problems with the lending rate.

The disclosure comes as Washington lawmakers start to probe how regulators handled the LIBOR scandal. On Tuesday, the Senate Banking Committee said it plans to hold meetings with individuals involved with the matter to learn more about the allegations and related enforcement actions. Those individuals include Fed Chairman Ben Bernanke and Treasury Secretary Tim Geithner, according to a statement.

“It is important that we understand how any manipulation may impact American consumers and the U.S. financial system,” said Senate Banking Committee Chairman Tim Johnson, D-S.D.

 

The LIBOR issue raises the question of whether regulators are keeping a close eye on banks, and whether the Fed is effectively fulfilling its role as the nation’s primary banking regulator, said Public Citizen’s Naylor.

“The world’s credit markets depend on LIBOR to such an enormous degree that the scandal undermines confidence in regulators -- they should have seen indicators of this manipulation,” he said.

The Commodity Futures Trading Commission, which along with British bank regulators brought the case against Barclays, has required the bank to put measures in place to ensure its transactions are given the most weight in determining LIBOR. The bank must also place firewalls between traders and the employees who make LIBOR submissions.

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