TRANSITION FROM KALI YUGA TO SATHYA YUGA

DISCIPLINE THAT SEEKS TO UNIFY THE SEVERAL EMPIRICAL INVESTIGATIONS OF HUMAN NATURE IN AN EFFORT TO UNDERSTAND INDIVIDUALS AS BOTH CREATURES OF THEIR ENVIRONMENT AND CREATORS OF THEIR OWN VALUES


THE WORLD ALWAYS INVISIBLY AND DANGEROUSLY REVOLVES AROUND PHILOSOPHERS

THE USE OF KNOWLEDGE IS POWER

OLDER IS THE PLEASURE IN THE HERD THAN THE PLEASURE IN THE EGO: AND AS LONG AS THE GOOD CONSCIENCE IS FOR THE HERD, THE BAD CONSCIENCE ONLY SAITH: EGO.

VERILY, THE CRAFTY EGO, THE LOVELESS ONE, THAT SEEKETH ITS ADVANTAGE IN THE ADVANTAGE OF MANY — IT IS NOT THE ORIGIN OF THE HERD, BUT ITS RUIN.

LOVING ONES, WAS IT ALWAYS, AND CREATING ONES, THAT CREATED GOOD AND BAD. FIRE OF LOVE GLOWETH IN THE NAMES OF ALL THE VIRTUES, AND FIRE OF WRATH.

METAMATRIX - BEYOND DECEPTION

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31 May 2009

Crop circle found in Wiltshire

The formation, measuring approximately 350ft (100 metres), seems to depict a Yin Yang pattern and appeared on May 25 beneath Windmill Hill, near Devizes.

It was captured on camera at an area close to the great man-made mound of Silbury Hill, Wiltshire.

As many other crop circles previously spotted in the area, it seems to follow the Yin and Yang theme.

The green and then golden fields of the world's crop circle capital of Wiltshire have spawned an array of patterns in the past that have fascinated those who seek them out.

Enthusiasts and experienced crop pattern hunters have often spotted formations appearing close to these sacred sites.

The crop circle season extends from April to harvesting in September, and is believed to be worth millions of pounds to the local economy.

Windmill Hill is thought to date to the Early Neolithic period some 5000 years ago, 3700 BC and was constructed as a causeway enclosure. It is the largest known of its kind measuring 21 acres (8.5ha).

It consists of three rings of concentric ditches, which were probably dug out in the same manner as the deep Avebury ditch, using antlers and oxen shoulder blades.

It was a major task taking many man-hours over many years.

It is thought that the camp was at its most important as a farming community during a relatively peaceful and prosperous time of approximately 3000- 3500 years until the advent of the Romans when their presence is evidenced by traces of a villa found on the western slopes of the mound.

Sri Lankan Army Massacred 20,000 Civilians

'The death toll among refugees trapped in the last Tiger redoubt in north eastern Sri Lanka is three times higher than that acknowledged by the government. Sri Lankan authorities say their military observed a "no-fire-zone" and stopped using heavy weapons on April 27 when 100,000 Tamil civilians were trapped. However aerial pictures and witness testimony suggest the army in fact launched a three week artillery barrage from the end of April.

Confidential United Nations documents say 7,000 civilians had died in the zone by the end of April and sources told the Times newspaper the toll then grew to around 1,000 a day. The figures would put the final death toll, before the zone was finally overrun and Velupillai Prabhakaran, leader of the Liberation Tigers of Tamil Eelam (LTTE), was killed, at more than 20,000.'

Read more...

Illinois Senate approves medical marijuana bill


By Deanna Bellandi
Associated Press Writer | Thursday, May 28, 2009

SPRINGFIELD | Efforts to legalize medical marijuana in Illinois took a big step forward Wednesday when the state Senate approved a plan to let sick people use pot for relief from diseases like cancer, AIDS and multiple sclerosis.

The Illinois Senate voted 30-28 and the bill now goes to the Illinois House. A House committee passed a similar measure earlier this year.

"One of the purposes of this bill is to avoid the situation where someone suffering has to go to the criminal element to buy this marijuana substance," said the sponsor, Sen. Bill Haine, an Alton Democrat and former prosecutor.

Medical marijuana advocates say the drug can ease pain without the side effects of heavier prescription drugs and can reduce nausea from treatments like chemotherapy.

The measure, which is good for three years, would create an Illinois Department of Public Health registry card for people eligible for the medical marijuana. The amount of marijuana allowed would be seven plants or two ounces of the dried drug.

Other diseases that would make people eligible to use medical marijuana include the severe digestive disorder Crohn's disease, hepatitis C and ALS, an incurable degenerative disorder also known as Lou Gehrig's disease.

Critics argue allowing medical marijuana would make it harder for police to enforce other marijuana laws and would be a step toward wholesale legalization of pot.

"I think that we need to be very careful before we go down this road," said Sen. Brad Burzynski, R-Clare.

If a medical marijuana bill is eventually signed into law, Illinois would join 13 other states, including California, that have such measures in place, said Bruce Mirken, spokesman for the Marijuana Policy Project.

"This sets up a procedure by which they can get what they need much more safely, which will be safer for the community, too. Less business going to criminals is probably a good thing. I'm kind of old fashioned that way," Mirken said.

Some state senators who backed the measure told stories about how their own relatives had suffered because of debilitating or terminal illness.

"This is truly about compassion and about people who are suffering from chronic diseases," said Sen. Kwame Raoul, D-Chicago.

Illinois first authorized medical marijuana in 1978 but the law has been in limbo because the Public Health Department never implemented it.

30 May 2009

Hive Mind

THE LION AND THE LAMB? …
rep
… WHY NOT?
The David Icke Newsletter Goes Out On Sunday

The Reptilians created the hybrid bloodlines as vehicles for themselves, but there has also been mass genetic manipulation of the human population as a whole to turn humanity into something akin to ‘ants’ who answer to the ‘Queen’. They have been downloading their mind to us and created a human ‘hive mind’ connected to their ‘central control’ system.

Don Juan, the shaman source for the books of Carlos Castaneda, was so right when he said:

‘We have a predator that came from the depths of the cosmos and took over the rule of our lives. Human beings are its prisoners. The predator is our lord and master. It has rendered us docile, helpless. If we want to protest, it suppresses our protest. If we want to act independently, it demands that we don’t do so … indeed we are held prisoner!

They took us over because we are food to them, and they squeeze us mercilessly because we are their sustenance. Just as we rear chickens in coops, the predators rear us in human coops, humaneros. Therefore, their food is always available to them.

Think for a moment, and tell me how you would explain the contradictions between the intelligence of man the engineer and the stupidity of his systems of belief, or the stupidity of his contradictory behavior. Sorcerers believe that the predators have given us our systems of beliefs, our ideas of good and evil; our social mores. They are the ones who set up our dreams of success or failure. They have given us covetousness, greed, and cowardice. It is the predator who makes us complacent, routinary, and egomaniacal.

In order to keep us obedient and meek and weak, the predators engaged themselves in a stupendous maneuver-stupendous, of course, from the point of view of a fighting strategist; a horrendous maneuver from the point of those who suffer it. They gave us their mind. The predators’ mind is baroque, contradictory, morose, filled with the fear of being discovered any minute now.'


Why can so much human behaviour be likened to ants or sheep? You have your answer. The hive mind also dictates our sense of reality and creates the firewalls of perception that have limited the range of frequencies that humans could see before the Reptilian intervention.
rep_2

Top 5 Ways to Cause a Man-Made Earthquake

  • 1:37 pm |
  • Categories: Earth Science

Earthquakesacrossglobe

In the first Superman movie, supervillain Lex Luthor plans to trigger a massive, California-detaching earthquake by detonating a couple of nuclear weapons in the San Andreas Fault.

"In the past, people never thought that human activity could have such a big impact, but it can," said Christian Klose, a geohazards researcher at Columbia’s Lamont-Doherty Earth Observatory.

It turns out, actually, that the human production of earthquakes is hardly supervillain-worthy. It’s downright commonplace: Klose estimates that 25 percent of Britain’s recorded seismic events were caused by people.

Most of these human-caused quakes are tiny, registering less than four on geologist’s seismic scales. These window-rattlers don’t occur along natural faults, and wouldn’t have happened without human activity — like mining tons of coal or potash. They occur when a mine’s roof collapses, for example, as in the Crandall Canyon collapse in Utah that killed a half-dozen miners last year.

But some human actions can trigger much larger quakes along natural fault lines. That’s because humans, with the aid of our massive machines, can sling enough mass around to shift the pattern of stresses in the
Earth’s crust. Faults that might not have caused an earthquake for a million years can suddenly be pushed to failure, as Klose argues occurred during Australia’s only fatal earthquake in 1989.

After the jump, we present the top five ways to create an earthquake. With all due respect to Lex, and supervillains like him, you won’t find nuclear explosions on the list. It turns out that if you want to make an anthroquake, shifting mass is far more effective than delivering a momentary blast.

Hooverdam

1. Build a Dam: Water is heavier than air, so when the valley behind a dam is filled, the crust underneath the water experiences a massive change in stress load. For example, the Hoover Dam area experienced hundreds of quakes as Lake Mead filled. University of Alaska seismologist Larry Gedney explained, "Since [the dam] reached its peak of 475 feet in 1939, the level of seismicity has fluctuated in direct response to water level. None of the shocks has been particularly damaging — the largest was about magnitude 5 — but the area had no record of being seismically active." Other examples of dam-caused quakes abound and Klose’s research indicates that about one-third of human-caused earthquakes came from reservoir construction. This science has raised fears that the recent earthquake in China was caused by the filling of the Three Gorges Dam reservoir, although no conclusive evidence has been presented.

Rockymountain_arsenal_2

Inject Liquid Into the Ground: In 1961, the Army decided that the best way to dispose of toxic waste from napalm production (among other things) was to drill a 12,000-foot-deep well in the Rocky Mountains and inject the bad stuff down it into the crust of the Earth. From 1962 to 1966, the Army deposited 165 million gallons of toxic waste into this hole in the Earth. Unfortunately, the injections probably triggered earthquakes in the region, and the Army shut the operation down. As seismologist Dave Wolny explained, "If you are doing deep well injection, you are altering the stress on the underlying rocks and at some point, the stress will be relieved by generating an earthquake."

Columbia’s Klose fears that carbon dioxide sequestration, in which compressed CO2 captured from coal plants would be injected into underground deposits, could generate earthquakes too, and worse they’ll be near heavily populated regions. "Unfortunately, coal-fired power plants are closer to cities," said Klose.

Coalmine

Mine a Lot of Coal: Coal provides more than half the electricity in the United States and an even greater percentage in China. That means there are a lot of coal mines working overtime to pull the fossilized fuel out of the Earth. In total, miners pulled 6,195 million metric tons of coal out of the Earth in 2006 alone. And coal mines often have to pump water out along with the coal, sometimes extracting dozens of times as much water as coal. Add it up and you have a huge change in the mass of a region, and huge mass changes refigure the earthquake stresses of an area, sometimes increasing the chance of an earthquake and other times lowering it. Klose’s work suggests that more than 50 percent of the human-triggered earthquakes recorded came from mining operations.

Derricksfield

Drill a Gusher Dry: Three of the largest human-caused quakes occurred near a natural-gas field in Uzbekistan, the Gazli. The combination of liquid extraction and injection changed the tectonic action in the field. The biggest of the trio registered as a 7.3. According to a major analysis (.pdf) by Russian scientists, "Few will deny that there is a relationship between hydrocarbon recovery and seismic activity, but exactly how strong a relationship exists has yet to be determined." They caution that in regions where tectonic activity is already high, extracting oil and natural gas could trigger strong quakes.

Tapiei101

Create the World’s Biggest Building: Back in 2005, a geologist claimed that the world’s then-tallest building, the Taipei 101, which weighs in at more than 700,000 metric tons, was triggering earthquakes in a long-dormant fault in Taiwan. Klose doubts that the building actually did so, but said that it wasn’t outside the realm of possibility for a building to create an earthquake. The weight of the building, however, would have to be much greater than the Taipei 101’s, and even much larger than the Burj Dubai, currently still under construction but already the world’s tallest building.

Perhaps, then, this leaves some space for a supervillain to secretly construct the world’s heaviest structure in the wilds of San Bernardino, slowly but surely adding strain to California’s jumpy fault system in what Geoff Manaugh of the architectural speculation site, Bldgblog, calls "tectonic warfare."

But, thankfully, probably not.

Weapons of the New World Order


Technology will make available, to the leaders of major nations, techniques for conducting secret warfare, of which only a bare minimum of the security forces will be appraised...

Techniques of weather modification could be employed to produce prolonged periods of drought or storm. - Illuminati strategist and front man Zbigniew Brzezinski writing in “Between Two Ages” 1970.

It sounds like something from Greek legend or Nordic mythology. Harnessing the elements and quite literally using the weather as a weapon of war: causing earthquakes or storms and maybe even hurling thunderbolts at your opponents.

To make it all the more effective the recipients would never see it coming, at least not until it hit them. And then in the aftermath, amidst the ruin and devastation, who would they blame?

Unlike a missile attack or a bombing raid the perpetrators wouldn’t be obvious so the victims might even end up blaming the weather itself, not the real culprits.

Unfortunately the above is not just speculation. The ability to trigger earthquakes, floods, hurricanes and even effect peoples brains and the Earth’s own tectonic plates is now a very real possibility.

The research has been done, the tests completed and the weaponry has been deployed, and maybe even used.

It’s called HAARP (High-frequency Active Aural Research Program) and was developed as part of the “Star Wars” initiative.

According to Dr. Nicholas Begich HAARP is: “A super-powerful radiowave-beaming technology that lifts areas of the ionosphere (upper layer of the atmosphere) by focusing a beam and heating those areas. Electromagnetic waves then bounce back and penetrate everything – living and dead.”

Aside from disrupting normal weather patterns it would also bombard those targeted with deadly radiation. Thus in the words of Dr. Rosalie Bertell, HAARP is: “a gigantic heater that can cause major disruption in the ionosphere, creating not just holes, but long incisions in the protective layer that keeps deadly radiation from bombarding this planet.”

Apart from that HAARP could also be used in communicating with submarines or disorientating specifically targeted segments of the population.

Thus in the words of the U.S. 1/96 Air Command and Staff College’s Airpower Journal: … “the U.S. military is developing high-powered micro-wave weapons for use against human beings…They do not simply attack a person’s body, they reach all the way into a person’s mind…They are meant to disorient or upset mental stability.”

Back in the 70’s the Russians aimed a crude form of this technology at the U.S. Embassy in Moscow, causing immense physical and mental damage to the occupants. Its origins lie even further back though in the ideas of scientific visionary Nicola Tesla.

In 1935 Tesla spoke of creating controlled earthquakes and being able to produce: “rhythmical vibrations to pass through the Earth”. . . and to . . . “convey these mechanical effects to the greatest terrestrial distances and produce all kinds of unique effects.”

Forty years later Tesla’s ideas may well have become a reality. In 1976 as Senator Claiborne Pell chaired a Senate sub-committee he warned: “We need a treaty now…before the military leaders of the world start directing storms, manipulating climates and inducing earthquakes against their enemies.”

However Senator Pell’s warning may have already come too late. On June 5, 1977, New York Times described a huge earthquake in Tangshan, China which killed over 650,000 people.

“Just before the first tremor at 3:42am,” the Times reported, “the sky lit up like daylight. The multi-hued lights, mainly white and red, were seen up to 200 miles away. Leaves on many trees were burned to a crisp and growing vegetables were scorched on one side, as if by a fireball.”

Some investigators have concluded that these effects were the product of Tesla-like technology and/or HAARP transmissions. Whatever the real cause though they sound eerily reminiscent of what Tesla himself described as a weapon capable of producing “all kinds of unique effects.”

Sources include: Prof. Michel Chossudovsky in Transnational.org, New York Times 5, 6, 1977, and HAARP’s Demonic Powers: Youth Action News July 1996.

Rixon Stewart @ Truth Seeker

To be individual means complete freedom from all fear


Surely, as long as the mind is caught in authority, it is not an individual at all. And, to find out what is real, what is God, what is truth, to discover that which is nameless, must one not be completely individual? To be individual means complete freedom from all fear, from all compulsion, from the desire to find a right way of living. That is what we all want, that is the cry in our hearts - to find a right way of action, a right way of conduct, a right method to live happily, to have peace. And, does not that very cry create authority, the authority of a book, of a person, of an idea? We want to be told what to do, how to live, in what manner to overcome the innumerable problems that we have. And, with that desire in our minds and in our hearts, we pursue those who can give us what we are seeking, those who we think will lead us to reality, to happiness, to God....

Now, can the mind be free of this whole process and live simply from day to day, understanding life as it arises from moment to moment? After all, that is the timeless, the nameless eternity - when the mind itself is the unknown. At present, the mind is the known; it is the result of time, of yesterday, of accumulated knowledge, experiences, and beliefs. And such a mind can never know the unknown. This is not some vague form of mysticism. Surely, if I want to know something that has never been experienced before, that is not of time, that cannot be put into the frame of authority, my mind must be totally free from the past, which means that it must be free from fear. . . .

The mind can never be free of fear as long as it is making an effort to get away from fear. All that it can do is to be aware that it is frightened and be completely passive, without any choice. Then you will see that the mind becomes extraordinarily quiet and, in that quietness, the problem of fear can be resolved. In that stillness of mind, authority has wholly vanished. What need have you of authority when, from moment to moment, you are seeing what is true?
JKRISHNAMURTI
(Collected Works, Vol. VII - 300, 302)

29 May 2009

The Bilderberg Plan for 2009: Remaking the Global Political Economy


by Andrew G. Marshall

From May 14-17, the global elite met in secret in Greece for the yearly Bilderberg conference, amid scattered and limited global media attention. Roughly 130 of the world’s most powerful individuals came together to discuss the pressing issues of today, and to chart a course for the next year. The main topic of discussion at this years meeting was the global financial crisis, which is no surprise, considering the list of conference attendees includes many of the primary architects of the crisis, as well as those poised to “solve” it.

The Agenda: The Restructuring of the Global Political Economy

Before the meeting began, Bilderberg investigative journalist Daniel Estulin reported on the main item of the agenda, which was leaked to him by his sources inside. Though such reports cannot be verified, his sources, along with those of veteran Bilderberg tracker, Jim Tucker, have proven to be shockingly accurate in the past. Apparently, the main topic of discussion at this year's meeting was to address the economic crisis, in terms of undertaking, “Either a prolonged, agonizing depression that dooms the world to decades of stagnation, decline and poverty ... or an intense-but-shorter depression that paves the way for a new sustainable economic world order, with less sovereignty but more efficiency.” Other items on the agenda included a plan to “continue to deceive millions of savers and investors who believe the hype about the supposed up-turn in the economy. They are about to be set up for massive losses and searing financial pain in the months ahead,” and “There will be a final push for the enactment of Lisbon Treaty, pending on Irish voting YES on the treaty in Sept or October,”[1] which would give the European Union massive powers over its member nations, essentially making it a supranational regional government, with each country relegated to more of a provincial status.

Shortly after the meetings began, Bilderberg tracker Jim Tucker reported that his inside sources revealed that the group has on its agenda, “the plan for a global department of health, a global treasury and a shortened depression rather than a longer economic downturn.” Tucker reported that Swedish Foreign Minister and former Prime Minister, Carl Bildt, “Made a speech advocating turning the World Health Organization into a world department of health, advocating turning the IMF into a world department of treasury, both of course under the auspices of the United Nations.” Further, Tucker reported that, “Treasury Secretary Geithner and Carl Bildt touted a shorter recession not a 10-year recession ... partly because a 10 year recession would damage Bilderberg industrialists themselves, as much as they want to have a global department of labor and a global department of treasury, they still like making money and such a long recession would cost them big bucks industrially because nobody is buying their toys.....the tilt is towards keeping it short.”[2]


After the meetings finished, Daniel Estulin reported that, “One of Bilderberg’s primary concerns according to Estulin is the danger that their zeal to reshape the world by engineering chaos in order to implement their long term agenda could cause the situation to spiral out of control and eventually lead to a scenario where Bilderberg and the global elite in general are overwhelmed by events and end up losing their control over the planet.”[3]


On May 21, the Macedonian International News Agency reported that, “A new Kremlin report on the shadowy Bilderberg Group, who this past week held their annual meeting in Greece, states that the West’s financial, political and corporate elite emerged from their conclave after coming to an agreement that in order to continue their drive towards a New World Order dominated by the Western Powers, the US Dollar has to be ‘totally’ destroyed.” Further, the same Kremlin report apparently stated that, “most of the West’s wealthiest elite convened at an unprecedented secret meeting in New York called for and led by” David Rockefeller, “to plot the demise of the US Dollar.”[4]


The Secret Meeting of Billionaires

The meeting being referred to was a secret meeting where, “A dozen of the richest people in the world met for an unprecedented private gathering at the invitation of Bill Gates and Warren Buffett to talk about giving away money,” held at Rockefeller University, and included notable philanthropists such as Gates, Buffett, New York Mayor Michael Bloomberg, George Soros, Eli Broad, Oprah Winfrey, David Rockefeller Sr. and Ted Turner. One attendee stated that, “It wasn’t secret,” but that, “It was meant to be a gathering among friends and colleagues. It was something folks have been discussing for a long time. Bill and Warren hoped to do this occasionally. They sent out an invite and people came.” Chronicle of Philanthropy editor Stacy Palmer said, “Given how serious these economic times are, I don't think it's surprising these philanthropists came together,” and that, “They don't typically get together and ask each other for advice.” The three hosts of the meeting were Buffet, Gates and David Rockefeller.[5] [See: Appendix 2: Bilderberg Connections to the Billionaire’s Meeting].



Bilderberg founding member David Rockefeller, Honourary Chairman of the Council on Foreign Relations,
Honourary Chairman and Founder of the Trilateral Commission,
Chairman of the Council of the Americas and the Americas Society,
former Chairman and CEO of Chase Manhattan.

At the meeting, “participants steadfastly refused to reveal the content of the discussion. Some cited an agreement to keep the meeting confidential. Spokesmen for Mr. Buffett, Mr. Bloomberg, Mr. Gates, Mr. Rockefeller, Mr. Soros and Ms. Winfrey and others dutifully declined comment, though some confirmed attendance.”[6] Reports indicate that, “They discussed how to address the global slump and expand their charitable activities in the downturn.”[7]


The UK newspaper The Times reported that these “leading billionaires have met secretly to consider how their wealth could be used to slow the growth of the world’s population,” and that they “discussed joining forces to overcome political and religious obstacles to change.” Interestingly, “The informal afternoon session was so discreet that some of the billionaires’ aides were told they were at ‘security briefings’.” Further, “The billionaires were each given 15 minutes to present their favourite cause. Over dinner they discussed how they might settle on an ‘umbrella cause’ that could harness their interests,” and what was decided upon was that, “they agreed that overpopulation was a priority.” Ultimately, “a consensus emerged that they would back a strategy in which population growth would be tackled as a potentially disastrous environmental, social and industrial threat,” and that, “They need to be independent of government agencies, which are unable to head off the disaster we all see looming.” One guest at the meeting said that, “They wanted to speak rich to rich without worrying anything they said would end up in the newspapers, painting them as an alternative world government.”[8]

The Leaked Report

Bilderberg investigative reporter Daniel Estulin reportedly received from his inside sources a 73-page Bilderberg Group meeting wrap-up for participants, which revealed that there were some serious disagreements among the participants. “The hardliners are for dramatic decline and a severe, short-term depression, but there are those who think that things have gone too far and that the fallout from the global economic cataclysm cannot be accurately calculated if Henry Kissinger's model is chosen. Among them is Richard Holbrooke. What is unknown at this point: if Holbrooke's point of view is, in fact, Obama's.” The consensus view was that the recession would get worse, and that recovery would be “relatively slow and protracted,” and to look for these terms in the press over the next weeks and months.


Estulin reported, “that some leading European bankers faced with the specter of their own financial mortality are extremely concerned, calling this high wire act "unsustainable," and saying that US budget and trade deficits could result in the demise of the dollar.” One Bilderberger said that, “the banks themselves don't know the answer to when (the bottom will be hit).” Everyone appeared to agree, “that the level of capital needed for the American banks may be considerably higher than the US government suggested through their recent stress tests.” Further, “someone from the IMF pointed out that its own study on historical recessions suggests that the US is only a third of the way through this current one; therefore economies expecting to recover with resurgence in demand from the US will have a long wait.” One attendee stated that, “Equity losses in 2008 were worse than those of 1929,” and that, “The next phase of the economic decline will also be worse than the '30s, mostly because the US economy carries about $20 trillion of excess debt. Until that debt is eliminated, the idea of a healthy boom is a mirage.”[9]


According to Jim Tucker, Bilderberg is working on setting up a summit in Israel from June 8-11, where “the world’s leading regulatory experts” can “address the current economic situation in one forum.” In regards to the proposals put forward by Carl Bildt to create a world treasury department and world department of health under the United Nations, the IMF is said to become the World Treasury, while the World Health Organization is to become the world department of health. Bildt also reaffirmed using “climate change” as a key challenge to pursue Bilderberg goals, referring to the economic crisis as a “once-in-a-generation crisis while global warming is a once-in-a-millennium challenge.” Bildt also advocated expanding NAFTA through the Western hemisphere to create an American Union, using the EU as a “model of integration.”


The IMF reportedly sent a report to Bilderberg advocating its rise to becoming the World Treasury Department, and “U.S. Treasury Secretary Timothy Geithner enthusiastically endorsed the plan for a World Treasury Department, although he received no assurance that he would become its leader.” Geithner further said, “Our hope is that we can work with Europe on a global framework, a global infrastructure which has appropriate global oversight.”[10]

Bilderberg’s Plan in Action?

Reorganizing the Federal Reserve

Following the Bilderberg meeting, there were several interesting announcements made by key participants, specifically in regards to reorganizing the Federal Reserve. On May 21, it was reported that US Treasury Secretary Timothy Geithner “is believed to be leaning heavily towards giving the Federal Reserve a central role in future regulation,” and “it is understood that the Fed would take on some of the work currently undertaken by the US Securities and Exchange Commission.”[11]


On Wednesday, May 20, Geithner spoke before the Senate Banking Committee, at which he stated that, “there are important indications that our financial system is starting to heal.” In regards to regulating the financial system, Geithner stated that, “we must ensure that international rules for financial regulation are consistent with the high standards we will be implementing in the United States.”[12]



US Treasury Secretary Timothy Geithner, former President of the Federal Reserve Bank of New York


Bloomberg reported that, “The Obama administration may call for stripping the Securities and Exchange Commission of some of its powers under a regulatory reorganization,” and that, “The proposal, still being drafted, is likely to give the Federal Reserve more authority to supervise financial firms deemed too big to fail. The Fed may inherit some SEC functions, with others going to other agencies.” Interestingly, “SEC Chairman Mary Schapiro’s agency has been mostly absent from negotiations within the administration on the regulatory overhaul, and she has expressed frustration about not being consulted.”


It was reported that “Treasury Secretary Timothy Geithner was set to discuss proposals to change financial regulations last night at a dinner with National Economic Council Director Lawrence Summers [who was also present at Bilderberg], former Fed Chairman Paul Volcker [also at Bilderberg], ex-SEC Chairman Arthur Levitt and Elizabeth Warren, the Harvard University law professor who heads the congressional watchdog group for the $700 billion Troubled Asset Relief Program.”[13] The Federal Reserve is a privately owned central bank, owned by its shareholders, consisting of the major banks the make up each regional Fed bank (the largest of which is JP Morgan Chase and the Federal Reserve Bank of New York). This plan would essentially give a privately owned bank, which has governmental authority, the ability to regulate the banks that own it. It’s the equivalent of getting a Colonel to guard a General to whom he is directly answerable. Talk about the fox guarding the hen house. It is literally granting ownership over the financial regulator to the banks being regulated.


As Market Watch, an online publication of the Wall Street Journal, reported, “The Federal Reserve, created nearly 100 years ago in the aftermath of a financial panic, could be transformed into a different agency as the Obama administration reinvents the way government interacts with the financial system.” Referring to Geithner’s Senate appearance, it was reported that, “Geithner was also grilled on the cozy relationships that exist between the big banks and the regional Federal Reserve banks. Before Geithner joined the administration, he was president of the New York Fed, which is a strange public-private hybrid institution that is actually owned and run by the banks.” In response, “Geithner insisted that the private banks have no say over the policies of the New York Fed, but he acknowledged that the banks do have a say in hiring the president, who does make policy. The chairman of the New York Fed, Stephen Friedman, was forced to resign earlier this month because of perceived conflicts of interest due to his large holdings in Goldman Sachs.”[14]

The IMF as a Global Treasury


The Bilderberg agenda of creating a global treasury has already been started prior to the Bilderberg meeting, with decisions made during the G20 financial summit in April. Although the G20 seemed to frame it more in context of being formed into a global central bank, although it is likely the IMF could fill both roles.


Following the G20 meeting at the beginning of April, 2009, it was reported that, “The world is a step closer to a global currency, backed by a global central bank, running monetary policy for all humanity,” as the Communiqué released by the G20 leaders stated that, “We have agreed to support a general SDR allocation which will inject $250bn (£170bn) into the world economy and increase global liquidity,” and that, “SDRs are Special Drawing Rights, a synthetic paper currency issued by the International Monetary Fund that has lain dormant for half a century.” Essentially, “they are putting a de facto world currency into play. It is outside the control of any sovereign body.”[15]
[See Appendix 2: Creating a Central Bank of the World]

Following the Bilderberg meeting, “President Obama has asked Congress to authorize $100 billion in loans to the International Monetary Fund (IMF) to help create a $500 billion global bailout fund,” which would give the IMF the essential prerogative of a global treasury, providing bailouts for countries in need around the world. Further, “the bill would allow the IMF to borrow up to $100 billion from the U.S. and increase the U.S. fiscal contribution to the IMF by $8 billion.” Elaborating on the program, it was reported that, “World leaders began on the global bailout initiative, called the New Arrangement for Borrowing (NAB), at the G-20 summit in early April. The president agreed at that time to make the additional funds available.” Obama wrote that, “Treasury Secretary Geithner concluded that the size of the NAB is woefully inadequate to deal with the type of severe economic and financial crisis we are experiencing, and I agree with him.”[16]


With the G20 decision to increase the usage of IMF Special Drawing Rights (SDRs), forming a de facto world currency, it was recently reported that, “Sub-Saharan Africa will receive around $10 billion from the IMF in Special Drawing Rights (SDRs) to help its economies weather the global financial crisis,” and that, “As part of a $1.1 trillion deal to combat the world economic downturn agreed at April's G20 summit, the IMF will issue $250 billion worth of SDRs, which can be used to boost foreign currency reserves.”[17]


Recent reports have also indicated that the IMF’s role in issuing SDRs goes hand in hand with the Bilderberg discussion on the potential collapse of the US dollar, and, “Transforming the dollar standard into an SDR-based system would be a major break with a policy that has lasted more than 60 years.” It was reported that, “There are two ways in which the dollar’s role in the international monetary system can be reduced. One possibility is a gradual, market-determined erosion of the dollar as a reserve currency in favor of the euro. But, while the euro’s international role – especially its use in financial markets – has increased since its inception, it is hard to envisage it overtaking the dollar as the dominant reserve currency in the foreseeable future.” However, “With the dollar’s hegemony unlikely to be seriously undermined by market forces, at least in the short and medium-term, the only way to bring about a major reduction in its role as a reserve currency is by international agreement.” This is where the SDRs come into play, as “One way to make the SDR the major reserve currency relatively soon would be to create and allocate a massive amount of new SDRs to the IMF’s members.”[18] This is, interestingly, exactly what is happening with Africa and the IMF now.


Former IMF Managing Director Jacques de Larosière recently stated that the current financial crisis, “given its scope, presents a unique opening to improve institutions, and there is already a danger that the chance might be missed if the different actors cannot agree to changes by the time economic growth resumes.” He is now an adviser with BNP Paribas, a corporation highly represented at Bilderberg meetings, and he was head of the Treasury of France when Valéry Giscard d’Estaing was President of France, who is a regular of the Bilderberg Group.[19]

The Guardian Covers Bilderberg

The British paper, the Guardian, was the only major mainstream news publication to provide ongoing coverage of the Bilderberg meeting over the weekend. His first columns were satirical and slightly mocking, referring to it as, “A long weekend at a luxury hotel, where the world's elite get to shake hands, clink glasses, fine-tune their global agenda and squabble over who gets the best sun loungers. I'm guessing that Henry Kissinger brings his own, has it helicoptered in and guarded 24/7 by a CIA special ops team.”[20] However, as the weekend dragged on, his reporting took a change of tone. He reported on the Saturday that, “I know that I'm being followed. I know because I've just been chatting to the plainclothes policemen I caught following me,” and he was arrested twice in the first day of the meetings for attempting to take photographs as the limousines entered the hotel.[21]


He later reported that he wasn’t sure what they were discussing inside the hotel, but that he has “a sense of something rotten in the state of Greece,” and he further stated, “Three days and I've been turned into a suspect, a troublemaker, unwanted, ill at ease, tired and a bit afraid.” He then went on to write that, “Bilderberg is all about control. It's about "what shall we do next?" We run lots of stuff already, how about we run some more? How about we make it easier to run stuff? More efficient. Efficiency is good. It would be so much easier with a single bank, a single currency, a single market, a single government. How about a single army? That would be pretty cool. We wouldn't have any wars then. This prawn cocktail is GOOD. How about a single way of thinking? How about a controlled internet?,” and then, “How about not.”


He makes a very astute point, countering the often postulated argument that Bilderberg is simply a forum where people can speak freely, writing: “I am so unbelievably backteeth sick of power being flexed by the few. I've had it flexed in my face for three days, and it's up my nose like a wasp. I don't care whether the Bilderberg Group is planning to save the world or shove it in a blender and drink the juice, I don't think politics should be done like this,” and the author, Charlie Skelton, eloquently stated, “If they were trying to cure cancer they could do it with the lights on.” He further explained that, “Bilderberg is about positions of control. I get within half a mile of it, and suddenly I'm one of the controlled. I'm followed, watched, logged, detained, detained again. I'd been put in that position by the "power" that was up the road.”[22]


On Sunday, May 17, Skelton reported that when he asked the police chief why he was being followed, the chief responded asking, “Why you here?” to which Skelton said he was there to cover the Bilderberg conference, after which the chief stated, “Well, that is the reason! That is why! We are finished!”[23] Do reporters get followed around and stalked by police officers when they cover the World Economic Forum? No. So why does it happen with Bilderberg if all it is, is a conference to discuss ideas freely?


On the Monday following the conference, Skelton wrote that, “It isn't just me who's been hauled into police custody for daring to hang around half a mile from the hotel gates. The few journalists who've made the trip to Vouliagmeni this year have all been harassed and harried and felt the business end of a Greek walkie-talkie. Many have been arrested. Bernie, from the American Free Press, and Gerhard the documentarian (sounds like a Dungeons and Dragons character) chartered a boat from a nearby marina to try to get photos from the sea. They were stopped three miles from the resort. By the Greek navy.” As Skelton said himself, “My dispatches on the 2009 conference, if they mean anything at all, represent nothing more acutely than the absence of thorough mainstream reporting.”[24]


Skelton’s final report on Bilderberg from May 19, showed how far he had gone in his several days of reporting on the meeting. From writing jokingly about the meeting, to discovering that he was followed by the Greek State Security force. Skelton mused, “So who is the paranoid one? Me, hiding in stairwells, watching the pavement behind me in shop windows, staying in the open for safety? Or Bilderberg, with its two F-16s, circling helicopters, machine guns, navy commandos and policy of repeatedly detaining and harassing a handful of journalists? Who's the nutter? Me or Baron Mandelson? Me or Paul Volker, the head of Obama's economic advisory board? Me or the president of Coca-Cola?”


Skelton stated that, “Publicity is pure salt to the giant slug of Bilderberg. So I suggest next year we turn up with a few more tubs. If the mainstream press refuses to give proper coverage to this massive annual event, then interested citizens will have to: a people's media.”


Amazingly, Skelton made the pronouncement that what he learned after the Bilderberg conference, was that, “we must fight, fight, fight, now – right now, this second, with every cubic inch of our souls – to stop identity cards,” as, “It's all about the power to ask, the obligation to show, the justification of one's existence, the power of the asker over the subservience of the asked.” He stated that he “learned this from the random searches, detentions, angry security goon proddings and thumped police desks without number that I've had to suffer on account of Bilderberg: I have spent the week living in a nightmare possible future and many different terrible pasts. I have had the very tiniest glimpse into a world of spot checks and unchecked security powers. And it has left me shaken. It has left me, literally, bruised.” Pointedly, he explains that, “The identity card turns you from a free citizen into a suspect.”[25]

Who was there?

Royalty



Queen Beatrix of the Netherlands, the largest shareholder in Royal Dutch Shell

Among the members of the Bilderberg Group are various European monarchs. At this years meeting, Queen Beatrix of the Netherlands was present, who happens to be the largest single shareholder in Royal Dutch Shell, one of the world’s largest corporations. She was joined by one of her three sons, Prince Constantijn, who also attended the meeting. Prince Constantijn has worked with the Dutch European Commissioner for the EU, as well as having been a strategic policy consultant with Booz Allen & Hamilton in London, a major strategy and technology consulting firm with expertise in Economic and Business Analysis, Intelligence and Operations Analysis and Information Technology, among many others. Prince Constantijn has also been a policy researcher for RAND Corporation in Europe. RAND was initially founded as a global policy think tank that was formed to offer research and analysis to the US Armed Forces, however, it now works with governments, foundations, international organizations and commercial organizations.[26] Also present among European Royalty was Prince Philippe of Belgium, and Queen Sofia of Spain.

Private Bankers


As usual, the list of attendees was also replete with names representing the largest banks in the world. Among them, David Rockefeller, former CEO and Chairman of Chase Manhattan, now JP Morgan Chase, of which he was, until recently, Chairman of the International Advisory Board; and still sits as Honourary Chairman of the Council on Foreign Relations, Chairman of the Board of the Americas Society and Council of the Americas, Honourary Chairman of the Trilateral Commission, which he founded alongside Zbigniew Brzezinski; also a founding member of the Bilderberg Group, prominent philanthropist and is the current patriarch of one of the world’s richest and most powerful banking dynasties.


Also present was Josef Ackermann, a Swiss banker who is CEO of Deutsche Bank, also a non-executive director of Royal Dutch Shell; Deputy Chairman of Siemens AG, Europe’s largest engineering corporation; he is also a member of the International Advisory Council of Zurich Financial Services Group; Chairman of the Board of the Institute International of Finance, the world’s only global association of financial institutions; and Vice Chairman of the Foundation Board of the World Economic Forum.[27]


Roger Altman was also present at the Bilderberg meeting, an investment banker, private equity investor and former Deputy Treasury Secretary in the Clinton Administration. Other bankers at this years meeting include Ana Patricia Botin, Chairman of the Spanish bank, Banco Español de Crédito, formerly having worked with JP Morgan; Frederic Oudea, CEO and newly appointed Chairman of the Board of French bank Societe Generale; Tommaso Padoa-Schioppa, an Italian banker and economist, formerly Italy’s Minister of Economy and Finance; Jacob Wallenberg, Chairman of Investor AB; Marcus Wallenberg, CEO of Investor AB; and George David, CEO of United Technologies Corporation, who also sits on the board of Citigroup, member of the Business Council, the Business Roundtable, and is Vice Chairman of the Peterson Institute for International Economics. [For more on the Peterson Institute, see: Appendix 1]


Canadian bankers include W. Edmund Clark, President and CEO of TD Bank Financial Group, also a member of the board of directors of the C.D. Howe Institute, a prominent Canadian think tank; Frank McKenna, Deputy Chairman of TD Bank Financial Group, former Canadian Ambassador to the United States, former Premier of New Brunswick; and Indira Samarasekera, President of the University of Alberta, who is also on the board of Scotiabank, one of Canada’s largest banks.

Central Bankers

Of course, among the notable members of the Bilderberg Group, are the world’s major central bankers. Among this years members are the Governor of the National Bank of Greece, Governor of the Bank of Italy, President of the European Investment Bank, James Wolfensohn, former President of the World Bank, and Nout Wellink, on the board of the Bank for International Settlements (BIS).[28] Jean-Claude Trichet, the President of the European Central Bank was also present.[29] There is no indication that the Governor of the Federal Reserve, Ben Bernanke was present, which would be an odd turn of events, considering that the Federal Reserve Governor is always present at Bilderberg meetings, alongside the President of the Federal Reserve Bank of New York, William C. Dudley. I have contacted the New York Fed inquiring if Dudley visited Greece or went to any meetings in Greece between May 14-17, or if another senior representative from the New York Fed went in his stead. I have yet to get a response.

The Obama Administration at Bilderberg



National Security Adviser General James Jones

The Obama administration was heavily represented at this years Bilderberg meeting. Among the attendees were Keith B. Alexander, a Lieutenant General of U.S. Army and Director of the National Security Agency, the massive spying agency of the United States; Timothy Geithner, US Treasury Secretary and former President of the Federal Reserve Bank of New York; Richard Holbrooke, the Obama administration’s special envoy for Afghanistan and Pakistan; General James Jones, United States National Security Advisor; Henry Kissinger, Obama’s special envoy to Russia, longtime Bilderberg member and former Secretary of State and National Security Advisor; Dennis Ross, special advisor for the Persian Gulf and Southwest Asia to Secretary of State Hillary Clinton; David Patraeus, Commander of CENTCOM, (U.S. Central Command, in the Middle East), Lawrence Summers, Director of the White House's National Economic Council, former Treasury Secretary in the Clinton administration, former President of Harvard University, former Chief Economist of the World Bank; Paul Volcker, former Governor of the Federal Reserve System and Chair of Obama’s Economic Recovery Advisory Board; Robert Zoellick, former Chairman of Goldman Sachs and current President of the World Bank;[30] and Deputy Secretary of State James Steinberg.[31]

Other Notable Names

Among many others present at the meeting are Viscount Étienne Davignon, former Vice President of the European Commission, and Honourary Chairman of the Bilderberg Group; Francisco Pinto Balsemão, former Prime Minister of Portugal; Franco Bernabè, CEO of Telecom Italia and Vice Chairman of Rothschild Europe; Carl Bildt, former Prime Minister of Sweden; Kenneth Clarke, Shadow Business Secretary in the UK; Richard Dearlove, former head of Britain’s Secret Intelligence Services (MI6); Donald Graham, CEO of the Washington Post Company; Jaap De Hoop Scheffer, Secretary-General of NATO; John Kerr, member of the British House of Lords and Deputy Chairman of Royal Dutch Shell; Jessica Matthews, President of the Carnegie Endowment for International Peace; Richard Perle of the American Enterprise Institute; Romano Prodi, former Italian Prime Minister; J. Robert S. Prichard, CEO of Torstar Corporation and President Emeritus of the University of Toronto; Peter Sutherland, former Director General of the General Agreement on Tariffs and Trade (GATT), first Director General of the World Trade Organization (WTO), and is currently Chairman of British Petroleum (BP) and Goldman Sachs International as well as being a board member of the Royal Bank of Scotland, Chairman of the Trilateral Commission, Vice Chairman of the European Roundtable of Industrialists, and longtime Bilderberg member; Peter Thiel, on the board of directors of Facebook; Jeroen van der Veer, CEO of Royal Dutch Shell; Martin Wolf, Associate Editor and Chief Economics Commentator of the Financial Times newspaper; and Fareed Zakaria, US journalist and board member of the Council on Foreign Relations.[32] There were also some reports that this years meeting would include Google CEO Eric Schmidt, as well as Wall Street Journal Editor Paul Gigot,[33] both of whom attended last years meeting.[34]

Conclusion

Clearly, it was the prerogative of this year’s Bilderberg meeting to exploit the global financial crisis as much as possible to reach goals they have been striving toward for many years. These include the creation of a Global Treasury Department, likely in conjunction with or embodied in the same institution as a Global Central Bank, both of which seem to be in the process of being incorporated into the IMF.


Naturally, Bilderberg meetings serve the interests of the people and organizations that are represented there. Due to the large amount of representatives from the Obama administration that were present, US policies revolving around the financial crisis are likely to have emerged from and serve the interests of the Bilderberg Group. Given the heavy representation of Obama’s foreign policy establishment at the Bilderberg meeting, it seemed surprising to not have received any more information regarding US foreign policy from this year’s meeting, perhaps having to do with Pakistan and Afghanistan.


However, the US recently decided to fire the general who oversaw the Afghan war, being replaced with “Lt. Gen. Stanley McChrystal, a former Green Beret who recently commanded the military's secretive special operations forces in Iraq.”[35] From 2003 to 2008, McChrystal “led the Pentagon's Joint Special Operations Command (JSOC), which oversees the military's most sensitive forces, including the Army's Delta Force,” and who Pulitzer-Prize winning investigative journalist Seymour Hersh singled out as the head of VP Cheney’s “executive assassination wing.”[36]


So, given these recent changes, as well as the high degree of representation Obama’s foreign policy establishment held at Bildebrerg this year, there were likely to have been some decisions or at least discussion of the escalation of the Afghan war and expansion into Pakistan. However, it is not surprising that the main item on the agenda was the global financial crisis. Without a doubt, the next year will be an interesting one, and the elite are surely hoping to make it a productive one.


28 May 2009

Religious Sacredness


You actually have to die to everything you know - to your memories, to your miseries, to your pleasures. And, when there is no jealousy, no envy, no greed, no torture of despair, then you will know what love is and you will come upon that which may be called sacred; therefore, sacredness is the essence of religion. You know, a great river may become polluted as it flows past a town, but if the pollution isn't too great, the river cleanses itself as it goes along and within a few miles it is again clean, fresh, pure. Similarly, when once the mind comes upon this sacredness, then every act is a cleansing act; through its very movement the mind is making itself innocent and, therefore, it is not accumulating.

A mind that has discovered this sacredness is in constant revolution - not economic or social revolution, but an inner revolution through which it is endlessly purifying itself. Its action is not based on some idea or formula. As the river, with a tremendous volume of water behind it, cleanses itself as it flows, so does the mind cleanse itself when once it has come upon this religious sacredness.
JKRISHNAMURTI
(Collected Works, Vol. XV - 244)

Mystery of Matter


Call it extraterrestrial or terrestrial, Life within every nucleus of matter, Hadron collider will confirm
India Daily Technology Team
May 24, 2009

The Hadron Collider, when it finally works, will reveal information that will startle the world. The biggest unknown in particle physics is about to reveal something that will fundamentally change the way we live, the ways we think and the ways we perceive science, especially related to life and biology.

Quantum Chromodynamics (QCD) predicts how quarks interact with each other by means of a color charge. All particles other than photons are composed of Hadrons and Leptons. Hadrons comprises of Mesons and Baryons. Mesons consist of one quark and one antiquark. Baryons consist of three quarks and can be protons, or neutrons.

The strong force between quarks are called color force. The force is carried on by massless particles called Gluons (analogous to photons for the electromagnetic force).

According to QCD, when a quark absorbs or emits a gluon, its color changes. In traditional biological science, it is similar to breathing in and out or the exchange of ions though the plasma membranes of the cells.

Each quark within the neutron and proton is continually emitting and absorbing virtual gluons and creating and annihilating quark and anti-quark pairs. When the neutron and proton approach within 1femtometer (10 to the power –15 meter, very, very, very small distance) of each other, these virtual gluons and quarks can be exchanged between the two nucleons, and such exchanges produce the strong nuclear force.

Soon we will find these neutrons and protons are also building blocks of life just like amino acids in biological forms of matter.

David Gross (UC Santa Barbara), David Politzer (caltech) and Frank Wilczek (MIT) discovered the property of the strong interaction which explains why quarks may behave almost as free particles only at high energies. The discovery laid the foundation for the theory for the colour interaction (QCD). The theory has been tested in great detail, in particular during recent years at the European Laboratory for Particle Physics, CERN, in Geneva.

If you can move from freedom


If you can move from freedom, then you will discover the most extraordinary things of the mind. And then you will find that the mind itself is the total reality: it is not that there is a reality to which the mind goes, but the mind itself, that extraordinary thing, when there is no contradiction within itself - when there is no anxiety, no fear, no desire to be successful - then that mind itself is that which is eternal, unnameable. But to speculate about the eternal without understanding the whole process of the mind is just childish play; it is an immature game which scholars, whom you worship, play. So, it would be good if you and I could really go into this...as two human beings interested in solving the problems we have, which are also the problems of the world. The personal problem is not different from the world problem....But you cannot tackle it if you have not understood the mind.

So, please...do watch your mind, go into it not merely when you have nothing to do, but from the moment you get up to the moment you go to bed, from the moment you wake up until you go back to sleep....Then you will begin to find out what an extraordinary richness there is - a richness not in knowledge, but in the nature of the mind itself. It is in the mind, also, that there is ignorance. The dispelling of ignorance is all-important, not the acquisition of knowledge, because the dispelling of ignorance is negative while knowledge is positive. And, a man who is capable of thinking negatively has the highest capacity for thinking. The mind which can dispel ignorance and not accumulate knowledge - such a mind is an innocent mind, and only the innocent mind can discover that which is beyond measure.

JKRISHNAMURTI
(CW Vol. XI - 67)

27 May 2009

Economic Depression


In the middle of signs of the end of economic recession, there comes the threat of depression of the worst kind in the last two hundred years
Marla Guthrie
May 24, 2009

The economy has started improving, say the same economists who for years predicted little chance of economic recession in US. It is true that orders for durable goods and home sales probably rose in April as the worst U.S. recession in at least half a century started to loosen its grip. But there lies serious problems in the public sector that can drag the economy into a horrible recession because of massive faults of Obama and Bush Administrations.

The point is simple. The Government is broke. The false hope of getting back to status quo through massive supply of borrowed money worked to stabilize the economy. But now the third of a third down wave is about to start. This time the Government at all levels and their infrastructure will collapse creating massive chaos.

The debt level of the US Government has reached seventy percent of the GDP. The mismanagement of money and fiscal policies by the Bush and Obama Administration has reached a cataclysmic proportion. The next wave can be very serious.

The economists believe that stabilization in housing and manufacturing, the two areas suffering the biggest contractions, will help ease the economic slump. Still, gains will be difficult to sustain in coming months as banks remain hesitant to lend and unemployment climbs, underscoring projections from Federal Reserve officials and private economists that a recovery will be subdued. However, that is the best case scenario. Econometric indicators points to severe sever depression due to debt loads and fiscal strains the system.