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Global Stock Market Crash Warning and Loss of American Financial Privacy

Stock-Markets / Financial Markets Jun 20, 2008 - 05:40 PM GMT

By: Anthony_Cherniawski

Stock-Markets Best Financial Markets Analysis ArticleWashington, DC - Hidden deep in Senator Christopher Dodd's 630-page Senate housing legislation is a sweeping provision that affects the privacy and operation of nearly all of America 's small businesses. The provision, which was added by the bill's managers without debate this week, would require the nation's payment systems to track, aggregate, and report information on nearly every electronic transaction to the federal government.


FreedomWorks Chairman Dick Armey commented: "This is a provision with astonishing reach, and it was slipped into the bill just this week. Not only does it affect nearly every credit card transaction in America , such as Visa, MasterCard, Discover, and American Express, but the bill specifically targets payment systems like eBay's PayPal, Amazon, and Google Checkout that are used by many small online businesses. The privacy implications for America 's small businesses are breathtaking."

What is Senator Dodd up to? The concept of this bill is to create a repository of all financial transactions. For whom? Let's hope this legislation doesn't pass.

The Royal Bank of Scotland issues a warning.

The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks.

A report by the bank's research team warns that the S&P 500 index of Wall Street equities is likely to fall by more than 300 points to around 1050 by September as "all the chickens come home to roost" from the excesses of the global boom, with contagion spreading across Europe and emerging markets.

Regulators crack down on shadow banking system.

The shadow banking system grew rapidly during the past decade, accumulating more than $10 trillion in assets by early 2007. That made it roughly the same size as the traditional banking system, according to the Federal Reserve. In their effort to deregulate the brokerage industry, they have kept a “hands off” approach until recently. Now we find the shadow banking system isn't passing the stress test. What's next?

Stocks seeing nothing but red.

That not only refers to the chart, where down days are in red, but also the underlying stocks. Both the NYSE and the NASDAQ are experiencing 80% down days today on rising volume, which does not bode well for the markets.

" Investors have been unwilling to step up and buy stocks because the markets continue to get pressured by the same old story," including worries about higher energy costs, losses linked to financials, inflation concerns, second-quarter earnings and the housing slump, said Robert Pavlik, chief investment officer at Oaktree Asset Management.

 

Treasury Bonds experiencing scant relief so far.

Last week's call was accurate only to the extent that treasuries stopped their descent. There is some work to be done yet to confirm the end of the downturn. Nonetheless, Treasuries have gained for the week and bond traders are scaling back bets of an interest rate hike.

Treasuries had their biggest two-month loss in April and May since 2004 as oil prices surged and Fed officials intensified indications they've shifted their focus from spurring growth to fighting inflation. Government debt lost a combined 2.9 percent in the two months ended in May, trimming gains so far this year to 0.7 percent.

Today treasuries benefited in Friday's action from a flight-to-quality bid tied to reports of Israel military exercises, traders said. A large-scale exercise conducted by the Israeli air force earlier this month appeared to be a rehearsal for an attack on Iran , according to unnamed Pentagon officials cited by the New York Times.

Gold remains range-bound.

( Bloomberg.com: News ) Gold is headed for its largest weekly rally in four months, but still hasn't broken out of its trading range. Gold often moves with the Euro and Oil, but contrary to the U.S. Dollar. This week the dollar appears to be moving down , but as you will see later in this report, the dollar may not decline much further. That, coupled with the inability of gold to establish a new high, puts the gold rally in doubt.

 

 

 

The Nikkei is being hit doubly hard.

June 20 ( Bloomberg ) -- Japan's stocks fell to a three-week low, capping a second week of losses, after China boosted fuel prices, sending oil to its biggest drop in three months on concern demand for petroleum products there will shrink.

Japan 's economy is getting hit with a double whammy. First, the U.S. economy is slowing down. Now, China 's economy may take a turn due to rising cost of fuel in China .

 

 

How low will Shanghai go? 

The World Bank sharply raised its forecast for China 's inflation on Thursday, saying that while food price pressures were fading, there was a risk of a spillover into wages and the wider economy.

On Friday, the Chinese government decided to raise retail fuel prices by 16% in an effort to appease the World Bank in advance of the Summer Olympics. The price hike to approximately $3.00 per gallon for gasoline may not elicit sympathy form the west, but it has already brought howls of protest from consumers in China .

 

 

Is this the end of the dollar's decline? 

( Thomson Financial ) - The U.S. dollar was trading slightly firmer mid-morning in Sydney on Friday, consolidating overnight gains sparked by the oil price sinking 3.5 percent following moves by China to curb fuel demand.

As long as the dollar index stays above 73, the downtrend is broken. This could act as a base to rally the dollar to much higher levels. The trendline pictured here in the chart is a year old. Breaking the downtrend is very significant in relation to commodities and inflation.

 

 

 

Looking for “Whodonit.”

Apartment vacancies are edging up in many areas of the country, according to the LA Times, as frustrated sellers instead try to rent out their homes and condos. And that is making it harder for landlords to raise rents.

The FBI says it has arrested 406 mortgage brokers, developers and realestate agents in a sweep code named Malicious Mortgage.

But only 2 were charged on Wall Street. A little window dressing?

 

No shortages, but prices are still high.

The Energy Information Administration's This Week In Petroleum tells us that; “Refinery utilization for the production of gasoline has remained low.” The primary reason seems to be that the spread between the price of oil and the price of gasoline is very low. On the other hand, the production of distillates, such as diesel fuel is higher, because that's where the higher spreads bring a higher profit.

 

 

 

Low stockpiles and speculators keep prices high.

The Energy Information Agency's Natural Gas Weekly Update suggests that it cannot find any weather related demand that would explain higher prices in natural gas. Not only did this weeks trading boost the July futures contract, but contracts for the next heating season are also increasing similarly. The blame for this seems to be traced to several factors. The first is that natural gas imports have gone down. Second, the amount of gas in storage is lower than the 5-year average. Third, hurricane season is approaching and has made traders nervous, since a large percentage of our supply comes through the Gulf of Mexico .

 

 

Don't fall for the blame game.

Now that we have been warned by none other than the Royal Bank of Scotland that economic trouble lies ahead, don't be conned by politicians and political movements that want to play the blame game. Our economic expansion and the trouble that now follows was entirely predictable. When inflation first arrives, it looks good. The stock market goes up. Real estate values rise. Then commodities soar. Those that got on the train early profited immensely. Those that got on late were handed losses. The trouble is, our human nature prompts us to do the wrong thing at the wrong time. People who watched their assets soar in value started spending beyond their means. Now we see the cost of living soar and our assets plummeting. Whose fault is it? Our very own. We enjoyed the good times without thought that they would end. Now they have ended and many are not prepared.

J.R. Nyquist has an insightful column warning us not to accept blame shifting and easy answers from anyone, whether from Washington or not. It will only make things worse.

Consider this challenge to the system in the context of what is happening economically, and what must happen politically. The name of the game is to blame. There is an attack underway against traditional religious authority, existing political authority and the economic system as represented by “central bankers.” The attack is taking place on many levels simultaneously. It has been underway for decades and may soon accelerate. 

We're on the air every Friday.

Tim Wood of www.cyclesman.com , John Grant and I are back in our weekly session on the markets. This week we debate what the market is telling us, near-term. It should be fascinating. You will be able to access the interview by clicking here .

New IPTV program going strong.

This week's show on www.yorba.tv is packed with information about the direction of the markets. I'm on every Thursday at 4:00 pm EDT . You can find the archives of my latest programs by clicking here .

Please make an appointment to discuss our investment strategies by calling Claire or Tony at (517) 699-1554, ext 10 or 11. Or e-mail us at tpi@thepracticalinvestor.com .

Anthony M. Cherniawski,
President and CIO
http://www.thepracticalinvestor.com

As a State Registered Investment Advisor, The Practical Investor (TPI) manages private client investment portfolios using a proprietary investment strategy created by Chief Investment Officer Tony Cherniawski. Throughout 2000-01, when many investors felt the pain of double digit market losses, TPI successfully navigated the choppy investment waters, creating a profit for our private investment clients. With a focus on preserving assets and capitalizing on opportunities, TPI clients benefited greatly from the TPI strategies, allowing them to stay on track with their life goals

Disclaimer: The content in this article is written for educational and informational purposes only.  There is no offer or recommendation to buy or sell any security and no information contained here should be interpreted or construed as investment advice. Do you own due diligence as the information in this article is the opinion of Anthony M. Cherniawski and subject to change without notice.

Anthony M. Cherniawski Archive

© 2005-2017 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

Global Alliance
05 Jan 10, 05:00
financing planet destruction

GLOBAL ALLIANCE AGAINST IGNORANCE

globalallianceagainstignorance@equalearth.com

www.equalearth.org

GLOBAL STATE OF THE WORLD REPORT

Oversaturation

We have created a free money society to destroy the planet completely:

In 2008 the short sellers made more than 30 trillion USD;

in 2009 the long buyers made more than 30 trillion USD;

in addition governments printed more than 15 trillion USD/Euros in paper money to incite the long buyers in addition to the existing 60 trillion USD in debts that are sustained on a collateral of trade deficits, unemployment and rising food/fuel/energy import bills:

for 2010 the predictions are that the long buyers will collect at least another 30 trillion in profit-taking:

ALL OF THIS MONEY GOES INTO MORE PLANET DESTRUCTION

The planet’s most self-obsessed pretentious/bellicose/treacherous/dishonest herding animal that in 500,000 years of existence has produced less than 10 original thoughts/thinkers other than in aid of planet destruction/climate change/aggression and economic growth that is wiping out the natural habitat and biodiversity while invading, occupying, polluting, poisoning and waste laying 95% of global habitat by over saturating it with mass-produced rubbish is on a course of debt-financed/stimulus packaged self-destruction that ever more billions want to join:

In order to keep up with working-age population growth, developing countries

need to increase employment by more than 50 million jobs per year just to keep up with current low employment levels.

China and India each have some 800 million peasants in subsistence agriculture that urgently need to be converted into automated agri-chemical industries to increase required food production despite the fact that this increases systemic food chain poisoning.

It will drive some 1600 million humans into the already overcrowded, polluted, traffic riddled, infernal urban bunker slums looking for jobs: it doesn’t take much of a prophet to predict the global environmental fallout and dire socio-economic consequences when these additional 1600 million humans are unleashed into the productive capacity of China and India.

Additionally China and India need to create more than ten million jobs

each year for school leavers.

In comparison, countries in sub-Saharan Africa need to

generate also more ten million jobs every year.

So-called developed countries with average real unemployment in excess of 10% need to create an additional 20 million jobs every year to absorb the surplus population coming out of so-called education.

It proves the total bankruptcy of the global growth ideology that the political/educational/institutional/corporate and religious mafia continue to perpetrate.

World Bank Statement of Facts

THE CURRENT WORLD FORMULA OF PLANET DESTRUCTION

What is planet destruction:

Concrete is the second most consumed material after water and it shapes the built environment in the form of homes, schools, hospitals, offices, roads and runways by wiping out ever more natural habitat and biodiversity.

The cement industry produces approximately 2.8 billion tonnes - that’s nearly 500 kilos of cement for every man, women and child on the planet - per year, and production is growing at an annual rate of nearly 4%, primarily because of rapidly increasing demand in emerging economies fuelled by the mafia crime syndicates that run the global construction rackets.

World Council for sustainable development statement of facts

1950 World Population 2,5 billion World GDP 5 trillion USD

2009 World Population 6,75 billion World GDP 60 trillion USD

Humans in pathological denial

Systemic institutionalised global corruption that fuels climate change, deforestation, environmental degradation, pollution and ever more destruction of what’s left of the natural habitat and biodiversity; i.e.

Planet destruction:

Corruption normally is associated with handing out/procuring gifts/cash/favours/commissions etc. in exchange or under blackmail for business/trade/services/permissions etc.

THIS PRIMITIVE FORM OF CORRUPTION HAS NOW BEEN TRANSFORMED INTO LEGALISED PROCEDURES VIA THE LAW PROFESSION/LOBBYISTS/CONSULTANTS ETC. WHO WILL OBTAIN THE REQUIRED/WANTED OBJECTIVE VIA COMMENSURATE FEES/SPONSORSHIPS/DONATIONS OR DERIVATIVES.

It has led to new forms of blackmail - in Britain a common form of extortion/blackmail is now practised by unscrupulous/hooligan lawyers refusing to apply for the decree absolute in divorce unless the victim pays up - a practice that is mirrored in just about every sphere of “law” from pollution to environmental malpractices.

While the Mafia expands/grows its globalised debt financed planet destruction rackets driving up the global stock markets that reward leveraged exposures and paper sales/profits small business bankruptcies continue to grow commensurately: In California the world’s 7th biggest economy by 81% and in the USA as a whole by 44% not including the thousands of personal bankruptcies of people who have been lured into debt knowing that they could never pay it back.

The globalised/institutionalised mafia business ideology represents a return to

robotic slavery/make belief:

armies of frightened slaves/pawns - frightened of losing their jobs as ever more automation/computerisation is needed to grow the mass-production capacity to supply the growing mass-consumption demand - and who will do as they’re told regardless of environmental quantum impact.

THE FINANCE THAT FUELS PLANET DESTRUCTION AND

CLIMATE CHANGE

The Copenhagen Summit Report:

“We have here a very sick patient who has been stripped, savaged, tortured, and nearly bled to death by an ever increasing number of assailants: there are only two solutions other than letting the patient die:

1. To let the assailants innovate and administer such medicines to the patient that will keep him sufficiently alive so that he can be stripped, savaged, tortured and bled for a few more decades or

2. To reduce the number of assailants through effective free contraception/abortion or voluntary abstinence from reproduction and ideally on a vegetarian diet of non-violence.”

The charlatans that attend the endless sequence of 5 star climate jamborees are financed/sponsored by the vested interests that have more than 60 trillion USD in leveraged debt floating in the global economy that can only be sustained by endless growth and of course they are instructed to assert that the next summit will definitely….blah, blah, blah….while dreaming of the new venues after Rio, Kyoto, Bali and the dozens of pre-summit VIP pleasure trips.

THE GLOBAL VESTED MASS-PRODUCTION/TRADE MAFIA INTERESTS ARE NOT GOING TO SACRIFICE 60 TRILLION USD plus more than 1000 trillion in related derivatives FOR A CLIMATE DEAL THAT WOULD EFFECTIVELY BANKRUPT THEIR EXPOSURES AND NEITHER WILL THE MAD POPE REVOKE HIS ANTI CONTRACEPTION/ANTI ABORTION BREEDING POLICIES THAT HAVE SWAMPED THE PLANET WITH PARASITIC HUMANS THAT ARE WIPING OUT THE NATURAL HABITAT AND FELLOW SPECIES.

Hence the planet is condemned to its human determined fate until there is a global change in fundamentals and first principles that leads to a co-existential balance between the natural habitat, humans, fellow species and resources and that means the end of the mafia and religion.

(To believe in god is childish - Einstein)

In effect indoctrinating children in religion is a sinister form of

child abuse - the consequences of which have manifested themselves in the global violence, dishonesty, doubletalk and hypocrisy that epitomises human society and its co-existence with Nature and Biodiversity exemplified by the growing massive planet destruction quantum impact.

As long as humans slaughter and devour more than 500 million animals a day who consume more than 75% of all grain harvests - to stuff their bloated bellies - while thousands die from malnutrition every day - an environmentally secure and peaceful world is a delusion.

(Most delegates never got/bothered to read the Summit Report because they were too busy clamouring for deals - now cunningly called “accords” that would sustain the assailants that sustain economic growth and its media promoters and of course their “ VIP jobs and luxury accommodation at the next “environment/climate summit“)

Global unregulated Financial Derivatives exceed 600 trillion USD all of which are based on leveraged debt collateral - daily forex currency manipulation trades controlled by the 7 top mafia banks that operate the global financial casino exceed 1000 trillion USD:

95% OF ALL COUNTRIES RUN THEIR ECONOMIES ON EVER MORE DEBT AND PRINTING EVER MORE PAPER MONEY/JUNK BONDS/TREASURIES - IT’S ALL PART OF THE ECONOMIC GROWTH SPIRAL THAT IS CAUSING CLIMATE CHANGE, NATURAL HABITAT/BIODIVERSITY DESTRUCTION IN A GLOBAL ENVIRONMENTAL HOLOCAUST/DESTRUCTION SCENARIO THAT IS CONSTRUCTED ON THE DELUSION THAT LIFE SUPPORT RESOURCES ARE INFINITE.

The mafia is known to treat the planet as a free for all business extortion racket where the strongest win. Banks are not the only example of this - just think of the internet or Vista - the world‘s most abominable, criminally concocted programme that has defrauded millions of deceptively misled computer buyers who were forced to accept Vista because the mafia racketeers control the monopolised global markets.

They call it mergers and acquisitions to eliminate competition that could reduce the annual multi million remuneration packages of the hustlers that run the rackets.

It’s true the mafia now largely does no longer use brown envelopes stuffed with cash. They call it stock options, bank transfers and offshore nominee accounts. The difference being that it is now legalised.

IN PREVIOUS TIMES THE MAFIA SETTLED ITS SCORES/TRANSGRESSIONS WITH BULLETS.

THIS PRIMITIVE FORM OF “JUSTICE” - NOW ONLY USED AGAINST TALIBANS/MUSLIMS/BUDDHISTS ETC. -

HAS BEEN REPLACED WITH MASSIVE FINES TO ENFORCE EVEN MORE DYNAMIC PLANET DESTRUCTIVE RACKETEERING THAT THE OFFENDER MUST PERPETRATE TO PAY.

IT’S A DOUBLE WHAMMY WIN MAFIA WIN SITUATION:

Credit Suisse et al to pay hundreds of millions for Iran connections….

UBS et al to pay hundreds of millions for defrauding the mafia bureaucracy…..

THE MAFIA BUREAUCRACY GETS HUNDREDS OF MILLIONS THAT THE OFFENDER PAYS FROM GROWING ITS RACKET WHICH IN TURN PUSHES ECONOMIC GROWTH UP - the mafia calls this a win win situation….

In return the Mafia bureaucracy gives the mafia racketeers “tax breaks”…..

Citi, BoA et al to get billions in tax breaks….

Sometimes the crime syndicates involved have established such a global monopoly that nobody dares to interfere other than in meaningless legal proceedings that end up in a fat lawyers compromise or worse.

EU decides not to enforce anti trust laws against Microsoft on condition that it will not sabotage the global computer networks that it controls through its clicking zombie empire.

The enormity of the planet destructive fallout is in the fact that all of these leveraged trillions end up in pushing the economic growth that is essential to prevent the house of cards from collapsing a la Bear Stearns, Lehman Bros and hundreds of smaller financial institutions that couldn’t keep up with the mafia exposures.

The mafia has always imposed a strict law of silence that today is incorporated in the normal working contracts for all employees of the globalised crime syndicates to prevent/frighten “whistleblowers” from denouncing the crimes they are called upon to participate in.

And call it financial market innovations….

GOVERNMENTS AND THE JUDICIARY COLLUDE AND CONNIVE WITH THE MAFIA NOT ONLY FOR THE FINANCIAL BACKHANDERS BUT ALSO FOR THE JOBS THE GLOBALISED CRIME SYNDICATES CREATE IN TOTAL DEFIANCE OF THE ENVIRONMENTAL QUANTUM IMPACT THAT EVERY JOB ENTAILS.

As and when the occasional mafia “hitman” is caught out and brought to “justice” he/she will be blamed for the crimes committed while his employers’ lawyers are instructed to deny that it was company policy.

Surrounding themselves with highly accomplished professional protection rackets like globalised “creative” accountancy/legal, marketing/advertising/PR/management consultancy syndicates the international corporate mafia is now legally established and literally dictates local/national and international government policy/laws.

They are constantly furnished with a ready supply of hitmen and women who have been indoctrinated with the fundamental mafia principles in the world renowned educational business/MBA schools/universities.

More than 50% of all employment is now directly or indirectly linked to government in a worldwide systemic integrated crime organisation that is corrupting society and that has only one objective:

To fuel Economic Growth that has and continues to fuel climate change and the destruction of the natural habitat/biodiversity.

In previous times the Mafiosi met annually in Chicago nowadays they go to the annual UBS Miami Art Fair and reunite with their cronies for the annual backscratching in luxurious Davos at the World Economic Forum in the illustrious company of the World Business Council for sustainable Development.

NOW WHY WOULD THE SPANISH FOREIGN MINISTER HAVE TO GO TO WASHINGTON TO DISCUSS SPAIN’S EUROPEAN UNION PRESIDENCY COMMENCING IN JANUARY 2010?

- a reminder of Nuclear Weapons that are capable of wiping out the planet more than 1000 times -

The Carbon/Pollution Trading racket:

The global leveraged debt Casino that is the financial market has irrefutably proved its corrupt/criminal/improvident/reckless practices

- including derivatives, options, futures, warrants, CDCs and other tricks -

by the subprime swindle that started to unravel the worldwide frauds that led to the international crisis which has been resolved by the simplistic expedient of shoving unwanted toxic debt into off balance sheet vehicles to rot away until inflation takes care of the trillions and turns them into minor polluted disposable waste and by adding new finance with the equally simplistic expedient of printing money disguised as “stimulus packages“ all of which designed to foster/fuel planet/environment destructive economic growth:

This global racketeering market Casino is now also dealing/trading in Carbon/pollution.

It’s like appointing criminals to run the Police:

In fact the globalised Mafia is now running the world with the political charlatans serving as weapon carriers.

If Afghanistan, Iraq, Iran like former Yugoslavia etc. were catholic nations they would never have been bombed by those who talk about peace through killing. They are all religious wars in a global mafia expansion plan.

All of these crime rackets run parallel with the increase of global cocaine consumption - yet another Mafia moneyspinner - that is commensurate with the highs of the financial markets.

A global state of systemic corruption

HOW TO RUN AN ECONOMY AND DESTROY THE GLOBAL LIFE SUPPORT SYSTEM:

THE MASSIVE GLOBAL QUANTUM IMPACT OF EVER MORE HUMAN ACTIVITIES BY EVER MORE HUMANS THAT IS THE ROOT CAUSE OF PLANET DESTRUCTION HAS BEEN CORRUPTED/PERVERTED INTO A MEDIA PROMOTED SLOGAN SOCIETY THAT FUELS ITS SELF-DESTRUCTIVE MOMENTUM:

Green Economy; Knowledge Society; Communication Strategy;

Well-Being 2030 Policy are some of the absurdities bandied about by the millions of self-inflating Institutions/Think Tanks/Experts/Leaders that are grown/sustained by the vested interests/racketeers to deceive the multiplying idiot masses that have been indoctrinated to treat everything as entertainment and to sustain their shopping/clicking zombie existence through the lives of the “stars” and/or aping/regurgitating the rubbish diktats of the icons that are served up as desirable/attainable lifestyle models compounding global ignorance.

The racketeers expanding their globalised empires on endless “spam” better known as advertising/marketing and PR have conspired to eliminate anything that might be worth knowing or reading by giving it the same nasty label that serves to grow their rackets.

This has turned the internet which is nothing more that a “yellow pages” directory with postal and telephone facilities into the world’s most grotesque extortion racket feeding millions of parasitic moneygrabbers through the mutually expansive objective of causing the problems for which they then sell the “solutions“ that in themselves contain the new problems in a perpetual rip off spiral.

THE MORAL IN HUMAN SOCIETY IS TO MAKE THE CRIME BIG ENOUGH SO THAT IT PUNISHES ITS VICTIMS WHILE REWARDING THE PERPETRATORS WITH SELF-BESTOWED HONOURS, RECOGNITION AND ENCOURAGEMENT TO GROWTH INCITING ENDLESS IMITATIONS.

Suppose you were an idiot.

And suppose you were a member of Congress....

But then I repeat myself.

Mark Twain

I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.

Winston Churchill

A government which robs Peter to pay Paul can always depend on the support of Paul.

George Bernard Shaw

Is there anything else to be said in a global society that sustains its existence through growth financed with debt?

From “job” summits to “climate” summits humans continue to deny that growth other than that which they lack in intellect is ultimately self-destructive:

A. Material economic growth feeds on the planet’s life support system/resources/ecology.

B. Printing money and issuing debt fuels the material economic growth that destroys the planet’s life support system.

C. Restricting consumption/pollution and waste laying could help in delaying the planet destructive environmental quantum effect of ever more humans but it can never stop it or make good the damage.

HENCE ONLY IDIOTS WOULD PROMOTE/CAUSE/STIMULATE ECONOMIC GROWTH; PROMOTE JOB CREATION TO INCREASE CONSUMPTION; INCREASE TAXATION ON INCOMES/PROFITS THAT ARE MADE FROM DEBT FINANCED ECONOMIC GROWTH ACTIVITIES AND CONTINUE TO ROB PETER, i.e. THE GLOBAL LIFE SUPPORT SYSTEM TO PAY THE MULTIPLYING PAULS, i.e. CONSUMPTION ZOMBIES WHOSE EXPANSIVE OVER-PROLIFERATION IS

STRIPPING THE PLANET BARE OF ITS

BIODIVERSITY/PRIMAL FORESTS/FAUNA AND FLORA.

The unprecedented massive accumulation of gigantic piles of paper wealth by largely uneducated, ignorant, herdlike growing mass of people (from footballers, entertainers, scrap dealers, environmental/waste consultants, crooks etc) who blindly follow the “fashionable” trends created by the somewhat more cunning but equally stupid racketeers and their mercenaries like Banks, Financial Institutions, Architects, Engineers, Construction workers etc. have flooded the whole planet with concrete, steel, glass, tarmac and water depleting golf and race courses surrounded by the usual infrastructure/transport/information chaos that is more of the same - all of it suitably promoted by the global media charlatans.

Due to the exponential greed and avarice of the racketeers the ensuing insane global construction boom from Bulgaria via the Middle East all over Asia, the Americas and Europe that has wiped out all eco-systems and replaced them with associated tourist slums is nothing but a heap of debt because even the wealthy were encouraged to leverage their exposure. The traditional PONZI psychology was invoked as for every Peter thousands of Pauls lined up to join in the never ending self-inflating bonanza that would ultimately see the entire planet turned into a true manmade spaceship without the nuisance of a natural environment or biodiversity in which robotic pre-programmed genetically engineered humans would constitute all of the former life forms: predator and prey; worker and parasite; producer and pest; innovator and plaque; exploiter and exploited; killer and victim.

Until recently a petty exposure of 60 billion USD by a few Bedouins in Dubai would never have even made the headlines because such small time debts (Lehman Bros. exposure was 1,5 trillion) would simply be retired and replaced with 120 billion (and double again next time) of suitable junk bonds to keep the bandwagon rolling.

THE 133 BANKRUPT BANKS CLOSED DOWN BY THE US AUTHORITIES IN 2009 ARE ONLY A MICROCOSM OF THE UNDERLYING FACT THAT COLLATERAL FOR JUNK BONDS AND DEBT IS NOTHING BUT MORE JUNK BONDS AND DEBT WHILE CLIENTS DEPOSITS ARE USED TO FINANCE OPERATING COSTS.

Now why suddenly this scrutiny about the geese that laid all these rotten economic growth eggs?

Is it that humans are starting to awaken to the fact that money, wealth, property beyond a home and daily needs are nothing but excessive baggage and planet destructive resource depletion/waste and worst of all not only will not buy food and water in the long-term but make it ever more expensive particularly for the poor who have to grow it.

All over the planet the low IQ freaks subsisting in the infernal, overcrowded, polluted/traffic jammed concrete bunker cities on a diet of bible/religious ignorance and dope - slaving away to sustain their unhealthy bunker existence - are now engrossed in helping their wealthy billionaire masters expanding the debt empires that fuel economic growth and assisting them vociferously in denying climate change on the basis:

“I’ll say anything as long as my master pays me for it”

The massive multi-nationals including banks and financial institutions would all collapse if their debt mountains were called in:

That’s why they have to grow like a malignant cancer regardless of ultimate consequences.

Global Warming has led to major ice sheets falling of the Antarctic that have a cooling effect that can disguise the ongoing overall global warming scenario.

The charlatans and their vested interests racketeers/economic growth promoters use this to deny climate change.

Murdoch the uncrowned king of growth mania madness instructed his lackeys at FOX news to dig out some emails from second ranking universities that could be misinterpreted to imply that the boffins got it all wrong; of course Murdoch and FOX news have never heard of the NASA global warming Institute and at least 30000 fellow scientists that provide more than ample evidence of the sustained global warming/climate change trend right up to the year 3000.

Fellow charlatans - all paid lackeys of the mad media mogul and his Nazi trained Vatican despot who want to control the world by destroying the entire natural habitat/fellow species except anti-contraception/anti-abortion pro-growth catholics all join in the chorus that avoids any mention of NASA and FACTS.

Of course climate change is not the only effect of economic growth that is affecting the global life support system:

The ongoing deforestation/destruction of the natural habitat, the global toxic and nuclear waste laying, the poisoning of the food chain with agri-chemicals and biodiversity extermination due to human over-proliferation are all associated effects of human growth mania madness.

In Copenhagen the political lackeys/lapdogs of the vested interests will once again hoodwink the ignorant public via the conniving media that the solution is economic growth instead of brandishing it as the problem that can only be solved by a global population reduction policy.

Instead the planet destruction hoodlums are talking about building a “green industry”.

In a similar stunning deception Switzerland the world’s most successful money laundry that has siphoned off more than 50 trillion USD in tax evaded assets from the world economy has once again misled the world’s media charlatans by pretending that the “nuclear accelerator” is based in Zuerich where the press-release originated. In reality Zuerich is a city that has nothing other than banks and an assortment of outlets where tax-evaders, money launderers and other criminals can get rid of their ill-gotten loot.

The 50 trillion were made from planet destruction and via the Swiss banks are recycled into more planet destruction.

The nuclear accelerator is based in France on the border with Geneva and constitutes probably the world’s most expensive waste of money for a purpose that is irrelevant to the global problems that it and similar projects prevent from being addressed because paid media attention is focused where the money is not where the money should be going.

To alleviate any doubts about Swiss probity the Swiss Government has appointed Professor Geiger to act as the Swiss Financial Services Regulator. He has suitable connections as he is an associate of sacked former UBS President Ospel’s wife’s company.

In Switzerland this is not called corruption: it is called national self interest.

He has now been instructed not to make any statements to the media about his intentions of how to restore Switzerland’s money laundering banking business.

MEANWHILE UBS ARE PRESIDING OVER THEIR GLOBAL MEDIA AND COMMUNICATION CONFERENCE MAKING SURE THE MEDIA DO NOT BREACH THE MORE THAN 5000 GAGGING ORDERS/INJUNCTIONS THIS BANK HAS ISSUED VIA THEIR FULL TIME ARMY OF LAW FIRMS TO PREVENT ANYMORE TRUTH COMING OUT ABOUT HOW THIS BANK HAS CORRUPTED THE WORLD OF FINANCE.

In the entire history of the planet nobody has produced a shred of evidence why there should be a global market for stocks, forex, commodities, precious metals and pollution that serves only a small band of racketeers to make billions in profit based on fictitious expectations or blatant planet destruction growth while effectively holding the rest of society and the global life support system to ransom for nothing other than personal gain and underlying economic growth

that causes climate change.

American Express CEO parrots the AEI doctrine that economic growth abroad will bring back jobs at home…in fact all it will do is foment more climate change.

What AEI et al “leaders” haven’t learned yet - too busy to write themselves ever bigger “compensation packages” - is the fact that economic growth only drives jobs in low pay government bureaucracy, security or fastfood chains which are largely part-time.

The 7 leading global Investment banks that control 90% of global market trading are paying out more than 150,000 million USD in bonuses for 2009: a year during which they netted more than 15 trillion USD in financial bailout aid neatly covered up as “stimulus packages” to stimulate the leveraged market manipulation practices that led to the desperate need for the aid.

The fact is that apart from clients deposit’s the world’s banks debt collateral is nothing but debt covered with junk bonds that require endless economic growth that is wiping out the global life support system.

However it gives the global institutions virtually unlimited corrosive powers to corrupt the supervisory/regulatory authorities/governments and judiciary whose bureaucrats earn in a whole year less than what the market traders can make in a single day.

Some of these banks have been charged with systematic and organised fraud and malpractices yet continue to operate their leveraged planet destruction rackets under their own protection racket umbrella that blames individuals for corporate policy.

POPULATION GROWTH DRIVES ECONOMIC GROWTH THAT DRIVES CLIMATE CHANGE, WIPES OUT THE REMAINING NATURAL HABITAT AND EXTERMINATES EVER MORE FELLOW SPECIES YET

IN THE ENTIRE HISTORY OF THE PLANET NOBODY HAS EVER PRODUCED A SHRED OF EVIDENCE IN SUPPORT OF POPULATION GROWTH/ECONOMIC GROWTH THAT WOULD JUSTIFY IT.

No doubt at the Copenhagen “summit” the usual charlatans will postulate the usual slogans to deceive the public via the usual corrupt media sources.

After the STOCKHOLM environmental jamboree in 1972 and the 1987 MONTREAL “summit”

- following the discovery of the ozone hole in 1985 -

a so-called protocol was signed by the then leading charlatans that called for a reduction in greenhouse gas emissions of 50% by 2000.

The stunning economic growth of the sponsoring multi-nationals in fact doubled emissions by 2000 which led to the KYOTO farce, the intermittent Rio Festival in 1992 that depleted a whole rainforest in paper and cost more than 2000 million USD - while netting some of the attending racketeers millions - and endless meetings from Bali to just about every suitable five star location that attracts the charlatans that are already planning the forthcoming “summits” for the “leaders” who sponsor the underlying economic growth scenario.

In predominantly low IQ countries including Britain and the USA and exemplified by Singapore - the world’s most unsustainable racketeering economy that needs to import 99% of all its resources including food - where only a small minority have the appropriate IQ to understand the human quantum impact on the environment - more than 75% of the shopping zombie population deny the causes and effects of climate change in a reflection of the complete failure of the mass media/schools/universities to educate the masses about the destructive quantum impact their OVERPOPULATED planetary presence AND CONSEQUENTIAL GROWTH IN PLANET DESTRUCTIVE ACTIVITIES has on the global life support system - instead focusing on the daily entertainment trivia/economic growth promotion through which the ignorant masses waste their futile existence.

LEADERSHIP HAS BEEN PERVERTED INTO SLY AND DECEPTIVE DEMAGOGUERY THAT SERVES PURE SELF INTEREST OR NATIONAL AMBITIONS.

If the whole world adopted the Singapore racketeering Nazi economy humans would need another planet to provide food and depleted resources and a dozen more planets to dump the toxic, nuclear waste mountains. Of course the Singapore Prime Minister cannot be expected to know this, he doesn’t have the necessary IQ so he keeps on waffling about economic growth in cohorts with the usual charlatans.

APEC comprising about ¾ of the world’s population distinguishes itself for its sustained systemic corruption, sustained systemic indebtedness and sustained systemic environmental planet destruction - over-saturating the planet with ever more mass-produced mass-consumption waste by depleting finite resources with an avarice that is unprecedented in the history of the planet for which

APEC is the uncrowned world champion

closely matched by the EU.

The latest APEC slogan is to find new “growth drivers” - as evidently the old ones have been exhausted - under the same old dishonest falsehood of “sustainable growth” that the APEC charlatans trumpet to the gullible/corrupt media that specialises in regurgitating the rubbish the political lackeys and their racketeering clique serve up to deceive/disorient the exponentially expanding moron/twitter masses.

THE SWISS BANKS FLUSH WITH TRILLIONS OF TAX EVASION LAUNDERED APEC CASH SURVIVED THE GLOBAL FINANCIAL CRISIS BECAUSE THEY HAD BOUGHT UP THE WORLD’S GOLD WHEN IT WAS AT AROUND 40USD TO THE OZ.

BY HYPING THE GOLD PRICE TO OVER 1000 USD FOR A METAL THAT IS IN GLOBAL OVERSUPPLY AND DOESN’T GIVE A PENNY IN RETURN THE SWISS COPIED THE GLOBAL REAL ESTATE/CONSTRUCTION BOOM THAT INITIATED THE FINANCIAL CRISIS. THE FORMULA IS SIMPLE: LEND ANYBODY AS MUCH MONEY AS THEY WANT TO BUY UP REAL ESTATE/HOUSING/BRICK AND MORTAR AND THE ENSUING BUYING FRENZY WILL DRIVE UP THE PRICE IN A fraudulently portrayed GLOBAL ECONOMIC GROWTH WIN WIN SITUATION WHERE EVEN THE JOHNNIES COME LATELY WILL MAKE BIG BUCKS BECAUSE THE MARKET IS SUSTAINED BY THE MAFIA (read article from La Republica further down) AND DRIVEN BY GROWING GREED AND IGNORANCE.

IT LED TO THE BIGGEST LEVERAGED DEBT BUBBLE/EXPLOSION/FALLOUT OF ALL TIMES THAT STARTED TO HIT THE BANKS WHEN SOME ASKED FOR REAL MONEY INSTEAD OF CONTINUING THE ESTABLISHED PRACTICE OF “RETIRING“ MASSIVE PAPER DEBT WITH EVEN MORE MASSIVE PAPER DEBT -

a renowned apec/EU/Worldbank/IMF speciality.

NOW LUMBERED WITH TRILLIONS OF TOXIC/IRRECOVERABLE DEBT THE BANKS HAVE INSTRUCTED THEIR USUAL TRADERS/DEALERS TO HYPE UP THE STOCK MARKETS TO COVER THE LEVERAGED EXPOSURE

and produce the usual paper profits to justify the bloated share prices and commensurate billion dollar bonuses.

THIS IS DRIVING GROWTH IN UNEMPLOYMENT AS EVER MORE COMPANIES MUST REDUCE COSTS TO SUSTAIN PROFITABILITY TO SUSTAIN THE RISING SHARE PRICE ON THE BASIS THAT THE BALLOON MUST CONTINUE TO RISE EVEN IF YOU HAVE TO CONTINUE TO THROW OFF BALLAST UNTIL OF COURSE IT WILL BURST.

The Swiss banks have the advantage that they have unlimited Swiss government protected access to the world’s tax evaded hidden cash that enables them to avoid having to sell their gold because if that happened gold would soon go back to where it was; i.e. it’s real value of around 40USD and so will stocks that have been hyped on their planet destruction valuation.

THE WORLD CAN NOW BE DIVIDED INTO CORRUPT COUNTRIES AND LAW AND ORDER COUNTRIES ON THE BASIS THAT THE CORRUPT ONES WILL ABSTAIN FROM HAVING THE SWISS BANKS TAX EVASION AND MONEY LAUNDERING FACILITIES INVESTIGATED FOR FEAR THAT THEIR OWN “LEADERS” HAVE WORLD BANK/IMF “LOANS/BACKHANDERS STASHED AWAY IN NOMINEE ACCOUNTS.

(Former Philippine President Marcos successfully diverted some 2000 million USD in Worldbank loans into nominee Swiss bank accounts and he is hardly an exception going by the bulging Swiss banking assets - of course the Worldbank never check where their money goes: their United Nations duty is to hand it over and shut up -

the more the merrier.)

Today’s Philippine junta under the iron fist of holy Gloria sustained in power by the catholic church and the hoodlum cronies who control the provinces through terror, intimidation or plain murder has again shown that they will stop at nothing to win the next election.

The catholic church sustains the violence by the ritual of forgiving the crimes on Sunday so the murderers can go out and kill again.

Swiss bank UBS took a 60 billion subprime hit like it was petty cash.

GLOBAL ECONOMIC OUTLOOK FOR MORE PLANET DESTRUCTION IS BETTER THAN NEVER BEFORE

The reason why you don’t hear about the Cocaine/drug culture that drives the global economic growth insanity is simple: the media who are supposed to tell you what’s going on in the world are themselves high on the stuff along with most if not all the high end earners/profiteers that benefit from the Cocaine inspired global fallout that drives their incomes, revenues, expenses and backhanders up, up and up.

Having supported the Taliban under the leadership of Osama Bin Laden with money and weapons against Russia the media are now trying to convince the ignorant masses that their political masters are doing the right thing trying to beat the Taliban by simply ignoring the fact that NATO has changed sides yet again.

(Senior Nato General says Afghanistan is a cheap military and weapons practice ground - that’s all

NATO‘s religious/anti communist warfare ideology goes back to the end of the 2nd World War when senior christian, church-going, so help us god Nazi officers were invited to participate and shape the organisation in the best tradition of Hitler‘s aggression, bombing and killing politics)

THE FACT IS THAT ALL YOU READ, HEAR AND SEE IN THE WORLD’S MEDIA/EDUCATION/INSTITUTIONS/GOVERNMENTS/BUREAUCRACIES

IS SPONSORED/MANIPULATED/DIRECTED/CENSORED BY THE VESTED MAFIA INTERESTS

SO MUCH THAT UNBIASED INDEPENDENT JOURNALISM/REPORTING/INFORMATION/EDUCATION/HONEST PEOPLE

ARE LITERALLY EXCLUDED FROM THEIR PROFESSIONS:

THIS GLOBAL CORRUPTION IN THE NAME OF ECONOMIC GROWTH IS TO PREVENT THE DOMINO EFFECT OF ANYTHING THAT MIGHT STOP GROWTH:

IT’S A GLOBAL JUGGERNAUT OF MILLIONS OF LOCOMOTIVES:

YOU CAN’T HAVE ONE OR OTHER LOCOMOTIVE PUTTING ON THE BRAKES

OR YOU’LL HAVE A GIGANTIC DERAILMENT

EVEN IF IT SAVES THE PLANET FOR EVERYONE ELSE.

What the junkies do not understand is that in the same way as they need to constantly increase the quantum of drug intake to maintain the effect: that quantum growth has a deteriorating impact on their judgement, ability and health that mirrors the deteriorating effect of the global quantum impact of economic growth.

IN THE ENTIRE HISTORY OF THE PLANET NOBODY HAS EVER PRODUCED A SHRED OF EVIDENCE IN SUPPORT OF ECONOMIC GROWTH THAT WOULD JUSTIFY IT.

A child grows into an adult but it doesn’t grow into an Elephant or Mammoth or something bigger.

A human can eat and drink so much but when quantum exceeds capacity it will lead to sickness even death.

In all spheres of life growth has its self-imposed limits - cancer leads to death - except human stupidity that sees growth as the solution instead of the problem.

ECONOMIC GROWTH IS DESTROYING THE PLANET.

And you’ll never hear of any of these overpaid, well connected snorters/drugs in champagne, one million pound birthday parties hedonists and their cronies that include the entire spectrum of those whose lifestyles are totally dependent on the economic growth bubble being arrested and charged under the drugs offences act because the law enforcement agencies have been told to go easy as these people are the “leaders” of society and without them we would be left with nothing but the ignorant herds/twits and twitters that breed the catatonic mass-consumption zombies that sustain the global planet destruction/climate change scenario.

The fact is that lawbreaking drug use has in effect already been legalised for the privileged classes in the same sense that planet destructive environmental crimes are legalised through the quantum effect of economic growth and the economic growth ideology sustains the “highs“ of the drug culture ecstasy.

It is debatable whether there is no long-term drug effect that would justify recreational use but only cretins would want to fly with pilots who are regular drug users or to be governed/advised/directed by junkies.

TO ADVOCATE LEGALISING ILLEGAL DRUG USE PLAYS DIRECTLY INTO THE HANDS OF THE CRIME SYNDICATES THAT WILL THEREAFTER OPERATE AS APPROVED PRODUCERS/SUPPLIERS AND DISTRIBUTORS WITHIN A GLOBAL MARKET CLIMATE THAT IS BASED ON INCESSANT GROWTH/EXPANSION BACKED BY INCESSANT MARKETING/ADVERTISING/SPONSORING ACTIVITIES THAT WILL ADVANCE THE CURRENT PLANET DESTRUCTION MADNESS BEYOND ALL IMAGINATION.

The so-called “elite” aka “leaders” and their racketeering associates who are regular drug users that push the global macro-economic planet destruction growth madness are today’s pilots who have lost control.

They must be brought down to Earth and Reality to recognise that growth like “highs“ are self-destructive.

THE REALITY THAT TODAY’S DEBT FINANCED WORLD ECONOMY THAT FEEDS AND IS FED BY THE AGGRESSIVE GROWTH MANIA OF AROUND 20% OF THE PLANET’S POPULATION IS LITERALLY DESTROYING THE GLOBAL LIFE SUPPORT SYSTEM IS NOT ONLY COMPLETELY IGNORED BUT FUELLED BY THE STUNNING/CRIMINAL DECEPTION THAT MORE DEBT FINANCED GROWTH IS GOOD FOR HUMANS WHEN IN FACT IT WILL SIMPLY WIPE OUT WHAT’S LEFT IN A GLOBAL WASTELAYING SCENARIO.

What really caused the so-called “Global Crisis”?

“His story reflects the cocaine use that medical experts say is rampant in the City, London’s financial district. It’s a habit that often goes hand in hand with heavy drinking. Addict X says he and his mates wanted to maintain the thrill they felt at work as they poured into the Square Mile’s pubs and clubs after a day of getting high on finance.”

(extract from a special Bloomberg report)

In the world’s largest money laundering country aka the alpine yodel state that syphons off trillions from tax evaders/criminals the police and judiciary have been plainly told to lay off the Banks and the massive golden eggs they keep on laying and give them a break from the global market manipulation activities by letting them relax on cocaine etc. freely supplied by their Colombian clients.

“Swiss banker Bradley Birkenfeld would do just about anything for the wealthy Americans who entrusted him with millions of dollars they wanted to hide from the Internal Revenue Service.

He’d help them set up phony companies to conceal their deposits. He’d give them credit cards to access their hidden cash. On one occasion, he converted an American client’s money into diamonds, then smuggled the gems across the Atlantic Ocean in a toothpaste tube.

Those actions, detailed by Birkenfeld in court documents, were part of a coordinated – and illegal – effort by his employer Swiss banking giant UBS , to help U.S. clients hide their fortunes from the IRS. Birkenfeld was one of about 6000 covert bankers whom UBS sends from offices in Geneva, Zurich and Lugano to the wealthiest enclaves of the U.S. and all over the world lately to China and India to woo clients for whom the bank sponsors an array of events – including art exhibitions, tennis/golf tournaments and regattas – at which Birkenfeld and other UBS bankers could rub elbows with wealthy tax evaders/racketeers who might be looking for a hiding place to stash their money away.”

(from an article on Swiss bank UBS in the Los Angeles Times)

This is the global culture of “city” dealers of the world’s banks - often from pretty rough backgrounds, ignorant and arrogant - who earn millions of dollars from manipulating markets with leveraged debt that goes into trillions. Massaging markets upwards has a twofold benefit for city dealers: it increases their annual multi-million dollar/pound/swiss franc bonuses and it expands the global economic growth bubble that inspires the global junkies for more of the same ad infinitum.

OF COURSE THE PRESTIGIOUS CHARM OF UBS HAS IN NO WAY CHANGED - ANY WOULD BE RACKETEER CAN BE BOUGHT TO WORK FOR THEM PARTICULARLY FROM FELLOW BANKS WHO EMPLOY THE SAME STANDARDS.

Total global derivative deals probably exceed 1000 trillion USD.

Nobody knows the exact figure because it’s all about placing bets on bets up to 50 years ahead.

Derivatives enable high end traders/dealers to buy up long and sell short etc. entire crops of rice, wheat, sugar, soya etc. ten or twenty years ahead without knowing whether these crops will still exist in the worsening climate change reality. It’s making profits based on bets that will be paid by tomorrow’s victims who have been born today.

It makes roulette or chemin de fer in a Casino seem child’s play with petty cash.

SO THAT IT CAN BE SAID THAT THE WORLD’S FINANCIAL CRISIS THAT DEBT FINANCED THE WORLD’S ENVIRONMENTAL CRISIS THAT CAUSES ONGOING CLIMATE CHANGE, NATURE DESTRUCTION, BIODIVERSITY EXTINCTION and endless wars over resources - THAT WILL LEAVE THE PLANET WITH NOTHING BUT COCKROACHES, RATS AND HUMANS in overcrowded bunker cities - WAS CAUSED BY COCAINE ADDICTS WHO PLAY THE MARKETS TO FINANCE THEIR ADDICTION.

In the entire history of the planet nobody has produced a shred of evidence why there should be a global market for stocks, commodities, precious metals and pollution that serves only a small band of racketeers to make billions in profit based on fictitious expectations or blatant planet destruction growth while effectively holding the rest of society and the global life support system to ransom for nothing other than personal gain and underlying economic growth.

Why the Vatican and its associated “Economics” Institutes call it “Wealth Creation” and “Human Capital”

Religious countries are easily identified by the lack of forests and trees particularly in urban areas or by the annual mutilation of the few trees left over; a speciality of France, Italy, Spain, Morocco etc. that mirrors the anti-Nature, anti-Biodiversity humans ueber alles ideology.

Religious countries are also at the forefront of global corruption, racketeering, market manipulation and planet destruction because it’s all “predestined” by their so-called “god”.

THE rampant urban development witnessed in recent decades along the Costa del

Sol has close ties with the Italian Mafia.

And the police are too inexperienced and weak to deal with these organised

criminal gangs, which operate with the full complicity of some politicians on

Spain's southern coast.

That is the damning conclusion of an investigation carried out by one of

Italy's leading daily newspapers, La Republica.

Quoting police chiefs in Napoli, the article calls the Costa del Sol

Garden of Eden for mafiosi (gang members) on the run from Italian

authorities.

Senior officers believe that entire families have relocated to Spain and use

also parts of Catalunya and the Balearic Islands as a base.

These families have intimate ties with construction

and even enjoy the blessing of the local authorities. (and the catholic church?)

When former Mayor “Jesus” Gil was sent to prison for corruption the Bishop of Malaga personally made a pilgrimage to the jail to demand publicly the release of Gil and miraculously it was granted.

These racketeers are of course not only operating from their base in Spain but are the root cause of the worldwide construction boom that is covering the natural environment with concrete, tarmac and ever more bunkers surrounded by golf courses usually sponsored by equally notorious Swiss bank UBS who provide the project finance debt mountains to make it all look like real business.

IF RELIGION IS ABOUT MORALITY AND ETHICS HOW COME IT DRIVES/FUELS/PROMOTES THE IMMORALITY OF THE FREE MARKET PLANET DESTRUCTION IDEOLOGY YET IMPOSES HYPOCRITICAL RESTRICTIONS OF SEXUALITY AND DENIES THE RIGHT TO FREE CONTRACEPTION BASED LIBIDO.

Apart from an invented fellow they call “GOD” the cunning humans have set up the so-called United Nations under a Charter that would make even Comedians look stupid. This organisation has expanded into the world’s most expensive racket that feeds thousands of overlapping, mutually back scratching, planet destructive GOs and NGOs employing millions of parasites that all regurgitate the same slogans as soon as some marihuana geek has invented a new one. When they’re not jetting from resort to resort/sitting in VIP lounges/drivelling ever new rubbish or standing around aping each other they are busy dreaming up new environmental/peace solutions that involve hundreds of billions of dollars that they pretend benefit the global economy because these dollars must first be made from more planet/nature/biodiversity destruction.

IF ALL THE MONEY THAT HAS BEEN WASTED ON THE UN IN THE LAST 50 YEARS HAD BEEN SPENT ON CONDOMS/FREE CONTRACEPTION THERE WOULD BE A MANAGEABLE/SUSTAINABLE PLANET EARTH FOR ALL.

Manila Archbishop Gaudencio Cardinal Rosales said having homosexuals dress up as

female saints during processions is horrendous and defeats the real purpose

of the processions, i.e. to promote no contraception multiplication of ever more planet destructive shopping zombies - a staggering piece of hypocrisy from a member of the world's largest transvestite freaks community that prescribes repressive sexual standards for all except for their own child abusers.

The world’s most planet destructive per capita trading syndicate better known as European Union is a copycat organisation of the United Nations. The EU like the UN is an ever larger growing army of bureaucrats that employ thousands of sub-contracted consultants, lawyers, accountants to endlessly rewrite rules, regulations, laws and edicts that apparently make life easier for the citizens of the countries involved:

The reality is that EU like the UN has and continues to foster nationalism, racism, regionalism, sexism, xenophobia and anti-immigration fervour that ultimately will lead to war going by the current violence and animosity displayed towards foreigners in just about every EU country.

THE DEATH BLOW TO THE PLANET WILL COME FROM CHINA AND INDIA

Take or give a few billions China with more than 17 times the population of Germany has today about the same annual GDP and India about 1/3 of its GDP with a similar population ratio. China and India’s economic growth is largely export driven. The worldwide debt financed “stimulus packages” have pumped trillions into the global economic growth bubble to reignite mass-consumption that is showing up in double digit GDP growth in India and China. When the 3000 million Indians and Chinese have finally reached Germany’s GDP a massive 200 trillion plus spending tsunami/market over-saturation effect will hit the already toxic/nuclear waste riddled planet from which it will never recover even though inherent inflation will obviously diminish actual purchasing/spending power.

There will be the usual conmen saying what’s wrong with China and India existing on the German level: deliberately ignoring that today Germany has no Natural Habitat or Biodiversity other than in cash crops or zoos. Germany like all major industrialised nations is a net importer of energy, food and basic resources and a leading global wastelayer - and mirrors effectively a worldwide microcosm of a typical “DEVELOPED/HONGKONGISED/SINGAPORED” society that is totally unsustainable - so that when fully “developed” China and India hit the planet’s resources and dump their toxic/nuclear waste even global warming and climate change will temporarily become minor issues amongst the global impact of the bloody wars for resources and food.

The time will come when even those Porsche, BMW, Ferrari etc. owners will wish their cars were edible!

The financial leverage this will give to China and India - exceeding 2000 trillion - will completely wipe out today’s financial centres ahead of the rising sea levels that will drown them anyway and effectively reverse history until climate change will put an end to it all.

In the meantime the explosives originated Nobel prizes continue to be handed to people who sustain the current wars as training grounds/killing fields in readiness for the big one.

It is now verifiably agreed by Scientists, Academics, Educators even Politicians that the planet destructive environmental quantum impact that has destroyed/polluted most of the natural environment/forests causing ever greater biodiversity reduction/extinction culminating in global warming and climate change is the result of the ongoing growth of human activities; growth that arises in the first instance from annual population growth of more than 80 million to more than 6750 million in 2009.

Some leading observers have referred to this calamity as worse than any crime or terrorist threat: Now would it make sense if global society - while officially repudiating crime and terrorism - would through thousands of media from newspapers to entire 24/7 TV channels do nothing other than encourage/promote/stimulate/advertise/disguise such crimes and endlessly talk to criminals and terrorists not just about their skills in crime and terrorism but also how to grow such lawbreaking activities?

Regrettably humans continue to deny the planet destructive quantum impact of economic growth.

Knowing that it is the growth in human activities that causes climate change and knowing that human activities grow in consequence of population growth it is of course deductive (and contradicting the daily massaged statistics/propaganda from selective items/sources) that all environmental problems/climate change must get worse particularly as the “innovative environmental engineering projects” and the ongoing retro-fitting they require are major contributors to the impact growth/quantum.

THOSE WHO DO NOT WANT TO RECEIVE OR REFUSE THIS GLOBAL PLANET DESTRUCTION REPORT

ARE THE SAME TYPES OF HUMANS WHO CONNIVED/COLLUDED WITH THE FASCISTS, THE

FALANGISTS, THE NAZIS AND ALL THE OTHER PLANET DESTRUCTION IDEOLOGIES THAT WERE

CONCOCTED TO PROMOTE NATIONALISM/RACISM/SEXISM AND ECONOMIC GROWTH BASED ON THE

MAD RELIGION THAT THE PLANET BELONGS EXCLUSIVELY TO HUMANS AND THEIR INSATIABLE

STATE FOSTERED MASS- CONSUMPTION/REPRODUCTION/OVERPOPULATION HABITS THAT CAUSED

THE MURDEROUS COLONIAL HOLOCAUSTS FOR LEBENSRAUM AND RESOURCES THAT REMAIN AN

ONGOING REALITY NOW LARGELY EVIDENT IN MASS-MIGRATION, MASS-REFUGEE CAMPS AND

SYSTEMIC POVERTY/FOOD SCARCITY FOR THE MAJORITY OF THE PLANET’S 6750 MILLION

HUMANS.

(Spanish Judge Baltasar Garzon has been charged with exceeding his authority etc. and may face up to 5 years in prison and an end to his career for having dared to investigate the atrocities and murders of the more than 2 million who disappeared under Franco’s catholic church supported falangist rule.)

We have finally arrived at a stage in justice where even those who investigate crimes face elimination.

And then there are those who refer to anything beyond headlines as spam; they’re

usually illiterate and incapable to read/understand the meaning of this global

state of the world report.

Hitler believed in breeding military soldiers that would fight for Germany’s racist economic predominance with weapons of war. Today all nations are breeding economic soldiers that are trampling as herdlike mass-production/mass-consumption zombies all over the planet for a quick buck fighting exactly the same war - the only difference being that the weapons are trade, financial clout and demographic

quantum growth.

The winner of this war is already known as Climate Change.

THE SYSTEMIC CORRUPTION OF THE LEGAL SYSTEM IS EFFECTIVELY SUSTAINING PLANET DESTRUCTION AND ENVIRONMENTAL CRIMES BECAUSE THE OCCASIONAL FINES IMPOSED ON THE MULTI-NATIONALS HAVE TO BE FINANCED FROM EVEN MORE ECONOMIC GROWTH ACTIVITIES.

In Switzerland the corruption of the judiciary has been perfected to a fine art;

they will enforce the law against anyone however prominent unless the crime is for money laundering or

against foreign IRS laws when Switzerland will happily ignore arrest warrants against fugitives and act as a protective refuge financed with the stolen money.

A PARTICULAR SPECIALITY OF SWISS BANK UBS IS TO OPERATE ACCOUNTS IN THE NAME OF PEOPLE WHO REMAIN TOTALLY UNKNOWN TO UBS TO AVOID NOT ONLY THE SOURCE OF THE MONEY BUT ALSO THE IDENTITY OF THE BENEFICIARIES IN BLATANT BREACH OF THE LAW, FIDUCIARY DUTIES AND OF THEIR OWN WORLDWIDE ADVERTISING WHICH CLAIMS THAT UBS BANKERS KEEP TRACK OF CLIENTS LIFECYCLE EVENTS TO SAFEGUARD THEIR ASSETS.

THIS IS THE UBS/SWISS GOVERNMENT FORMULA TO AVOID UNWANTED INTERFERENCE IN THEIR MONEYLAUNDERING/TAX EVASION FACILITATION.

Read on about how Swiss lawyers have been willing accessories to crime.

SINCE 1750 THE HUMANS HAVE PUSHED A GLOBAL PLANET DESTRUCTION IDEOLOGY THAT THEY CALL PROGRESS, DEVELOPMENT, CIVILISATION THROUGH GROWTH AND EXPANSION

(also described as free trade)

THAT HAS LEFT EVER MORE HUMANS WITH MORE MONEY THAT BUYS LESS

and a growing mass of 4 billion humans subsisting on

less than 2 USD a day per capita

(that’s nearly twice the total world population of 1950 - so much for development and the charity rackets; philanthropy where the billions made from planet destruction are recycled to sustain economic growth)

AND A LIFE SUPPORT SYSTEM THAT IS COLLAPSING UNDER THE CONSEQUENCES OF CLIMATE CHANGE THAT GROWTH AND EXPANSION CAUSES.

YET IN THEIR ARROGANT STUPIDITY THE HUMANS WHO PRETEND TO UNDERSTAND CAUSE AND EFFECT CAN THINK OF NOTHING ELSE BUT TO REFER TO GROWTH AND EXPANSION AS IF IT WAS THE REMEDY INSTEAD OF THE ORIGINATOR OF THE GLOBAL PROBLEMS.

(if those growing 4 billion on less than 2 USD a day were handed the same amount of money that governments now print to sustain their post-industrialised, anti-immigration, anti-contraception, racist neo-Nazi nations the ensuing global war for resources, the total destruction of the remaining eco-systems and the complete wiping out of the protective ozone layer would bring the reality of climate change even to the racketeers who profit from growth because there’s no hiding place on the planet from pollution, toxic/radioactive waste, food and water shortages and an unprecedented crime wave for survival when money becomes irrelevant -

that would make rats in a finite grainstore that’s emptying fast seem like benign creatures.)

Of course one cannot expect those whose jobs, careers, status, ambitions and power depend entirely on the economic growth ideology to act against it. This fact has led to the global deception of “sustainable development” that is served up as the solution when in fact it is nothing other than a disguised contrick to sustain economic growth under ludicrous “green” pretences, rhetoric and slogans.

In a display of typical hypocrisy a German Bundesbank Director accuses Turkish/Muslim immigrants of overpopulating Germany in flagrant contradiction of the German Pope Ratzingers’ longstanding dictatorial edict - that he learned in the Hitler youth - that Germany needs ever more anti-contraception Germans and the German governments lavish financial pregnancy/birth/child payouts to promote ever more overpopulation while the UN Vatican appointed charlatans criticise Russia for its intelligent low birth rate that means they will have the resources that are needed for future generations while the rest of the world is out stealing them wherever they can still be found.

TSUNAMIS, FLASHFLOODS, EARTHQUAKES, DROUGHTS, FOREST FIRES

Are they any worse than in previous times?

Perhaps yes perhaps not:

the point is that global overpopulation has driven ever more humans into areas where these disasters are likely to occur.

When Columbus visited Haiti he was told we don’t fear Typhoons because the dense forest protects us - well that forest like all the others has been converted into an overcrowded urban slum and pesticide and agri-chemical poisoned agri-factory.

Growth is an innate function of parasites and plagues;

they over-proliferate/spread ad infinitum and they rapidly adapt to and overcome all forms of adversity other than their own overpopulation:

their power is concentrated in mass until it exceeds available resources.

Generally parasites are brainless they cannot anticipate the consequences of their destructive quantum impact if unchecked

- except for the world’s most dangerous parasites known as humans that have a pathological need for destruction under the disguise of construction

- following in the footsteps of the notorious Hitler/Speer architectural partnership that was going to cover the planet in ever more and bigger bunkers above and below ground.

The human brain distinguishes itself by an unparalleled quantum of megalomania/stupidity whereby either all actions are attributed to some invented higher phantasmagorical figure they call “god” or to the humans’ unrivalled delusions of grandeur that make them believe they are invincible and that they can multiply and survive inside the human made bunker ideology

devoid of nature and fellow species (other than pets, feedlots and animals for “research“, exhibition and entertainment) on a lavish diet of economic growth that has made them the fattest and most disease riddled plaque on earth.

THE WORLD’S MILLIONAIRES CASH ASSETS EXCLUDING THEIR REAL ESTATE

EXCEEDS 80% OF THE WORLD GDP OF THE CURRENT 6750 MILLION HUMANS!

(so much for the make poverty history charlatans)

Divided into power blocs humans are their own worst enemies and spend trillions on defending themselves against themselves. In a grotesque farce the world’s most debt riddled power bloc presently also ruled by the Vatican known as the world’s policeman/arms/war proliferator has persuaded the political/military charlatans that it will “continue” to “protect/defend” the European Union the world’s most powerful economy - to sustain its weapons exports religion that is being spread/imposed all over the world. Special war theatres are created to train the christian soldiers and to try out the new arms to provoke the global security risks that sustain the global growth of the weapon manufacturing and the military and security industry as a whole. Cynically but covertly it is called job creation because it is now the world’s only growth engine to absorb the growing billions of otherwise unemployable humans that thrive on violence, aggression and conflict with one hand while reading a 2000 year old invented, anachronistic cornucopia of nonsensical fables known as the bible and its successors with the other.

Buddhism had to be opposed if not obliterated because it prohibits violence and even worse respects the equal rights of nature and fellow species within a stable co-existential balance.

A total anathema to the colonising war freaks that see the planet as their god given dinner table.

THE NEW FACE OF GLOBAL COMMUNISM

The aptly named World bank - the world’s biggest spendthrift debt casino that has corrupted the planet with its insane debt ideology that is based on the fraudulent/deceptive/misleading premise that money can solve all problems as long as you keep printing enough of it and throw it in all directions.

In the latest world bank report the charlatans have invented yet another slogan “smart developing” pretending that “development” meaning the ongoing wiping out of the planet’s eco-systems/biodiversity does not have an environmental effect. In reality of course the Vatican controlled world bank has been financing the grotesque catholic church advocated/prescribed breeding/overpopulating policy that originally caused the Colonial Empires and thereafter the Nazis to invade then communist Russia for Lebensraum

- a war now continued all over the world for resources.

The world bank’s achievement since its inception:

To have financed the tripling of the human animal species at the expense of all other species and their natural habitat culminating in today’s holocaust with two times as many humans subsisting in dire poverty than the entire world population when the world bank was founded while more than 50,000 humans die from hunger related diseases every day: that’s why the catholic church and its servile governments do everything possible to increase the daily number of live births above the current 400,000 births every day.

Naturally this planet destructive breeding policy invites competition from non-catholic “religions/countries/regions” that also perceive humans as ideal economic growth pawns that can be robotised into mass-consumption zombies/planet destruction warriors to drive economic development/expansion that causes ever more resource depletion/natural habitat destruction/biodiversity extermination/pollution/global warming and climate change.

Of course like all casinos the world bank has created winners: they are the racketeering VIP’s flying around in private jets visiting the corrupt political lackeys to set up new “smart development rackets/swindles” that the world bank fools/crooks will finance because Global Warming and Climate Change do not exist for smart

Developers/asses.

And the “food and water security” swindle

Is it surprising that some of the most profiled “environmental”

advocates/activists are also lackeys of big business and parrot their pretences

about environmental governance that are based on expanding the global debt based

economic growth madness that caused all of the worldwide

environmental problems/natural habitat destruction/biodiversity

extermination/resource depletion/pollution/global warming/climate change and

commensurate unhealthy lifestyles in overcrowded/traffic jammed/infernal urban

bunker slums surrounded by pesticide/chemical poisoned agri-factories that some

call “countryside” under the deception of “sustainable development” that is

nothing other than a marketing trick to push ever more sales of ever more

planet destructive mass-consumption/mass-production/mass-construction.

THIS KIND OF DECEPTION HAS SUCCEEDED IN PERSUADING THE CHINESE

- WHO WANT TO ESTABLISH THEMSELVES AS THE LEADING GLOBAL SUPERPOWER - TO SCRAP

THEIR PLANET-BENEFICIAL ONE CHILD POLICY FOR THE SAME REASONS THAT THE RELIGION

BASED COUNTRIES HAVE EMPLOYED I.E.

A. TO PUSH ECONOMIC GROWTH THROUGH POPULATION GROWTH

B. TO INCREASE ECONOMIC LEVERAGE THROUGH POPULATION GROWTH

The anachronistic infantile argument that more children are needed to support

the ageing population is as idiotic as it is self-defeating in that more

children means ever more ageing population ad infinitum. In economic terms the

absurdity is exposed by the fact that globally more than 50% of under 30 year

old humans have no regular work because mass-production including agriculture is

no longer labour intensive as it has become fully automated, computerised and


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