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Tuesday, September 18, 2012

GW HARDIN:A CELESTIAL MYSTERY SOLVED : The Secret to an Unknown Human Power



Terran note 8/18/2020: This is a repost of an article from 2012 by GW Hardin.  I had forgotten about the image that showed up mysteriously. I don't remember if it showed up on the blog or on a USB stick in my house, I vaguely remember finding a usb stick on my patio. I just remember being a bit baffled as to how it got there and what it meant. So much and so many life changing events since that moment its hard to remember a lot of details of events. It was a complete mystery as to "why" it showed up, 3 years later in 2015, I'd begin a mind blowing journey of understanding about that "why". 

In 2012 I started blogging under the pseudonym American Kabuki, a blog I created in 2008, but I never posted anything other than a test page. In 2012 I began using the blog, posting lists of banker resignations which very quickly went massively viral, to the tune of 100,000 hits a day. I knew someone out there was a lawyer scaring the crooked bankers. I thought it was a man. I did the blog of banker resignations mainly to find the person who was causing them to resign and take early retirement. I knew they were were out there. I felt compelled to find them. On December 26, 2012, I found him, and he was a she, Heather Ann Tucci-Jarraf. 

I did a lot more crowd sourcing of information back then, until AI linguistic trolling and deep state shills became so common it made interactive comments on a blog a nightmare. I'd like to return the crowd sourcing someday but I need to find a better platform than Blogspot for that.

Friday, September 14, 2012

A Dreamtime Encounter With Galactics


Synthetic image I created with Photoshop of the
woman  I saw in the dream. Tthis is not an actual
image of an ET. But its very close to what I saw.
September 14, 2014

Around 3:30 AM I had a dream I was in Stagecoach Park in (Carlsbad CA) where they frequently have music concerts and Shakespeare plays during the summer.   There was quite a few people in the park and these square shaped UFOs showed up, very bright and slightly bluish. They had smaller squares at the corners, I can't remember if there was just 1 satellite square at each corner or if each corner had two squares.  These squares were part of the ship but could move, they were not rigidly attached it seemed.

The ships flew above the park and everyone was excited to see them.  Instead of being afraid everyone started doing the wave like at a football or basketball game to them.   The ships waved back by moving the corner squares back and forth.  Everyone was having a lot of fun interacting with these ships, nobody seemed to be the least bit afraid.


Saturday, September 8, 2012

Wells Fargo Unlawfully Forecloses on Twentynine Palms Home With No Mortgage



September 8, 2012

TWENTYNINE PALMS (CBSLA.com) —  The owners of a modest home near Twentynine Palms lost their cherished possessions after a bank mistakenly foreclosed their residence.

A crew broke into Alvin and Pat Tjosaas’ desert home and took everything after being directed by Wells Fargo to secure the structure.

The couple, however, didn’t have a mortgage on the home.

Alvin said the deputy sheriff said, “Good news, we know who took (your possessions)…Wells Fargo. Bad news, your stuff is all gone.”

All the married couple has now are three generations of memories.

Alvin, a retired mason, built the home with his father when he was a teenager.

“I know every inch, every rock…my mom mixed all the cement by hand,” he said.

Alvin and his wife would later bring their six children to their desert oasis.

“My little kids (would) come out here and their dresses were the same color as the wildflowers,” said Alvin.

A spokesman for Wells Fargo released a statement apologizing to the couple.

“We are deeply sorry for the very personal losses the Tjosaas family suffered as a result of their home being mistakenly secured,” said Alfredo Padilla. “We are moving quickly to reach out to the family to resolve this unfortunate situation in an attempt to right this wrong.”

Alvin and Pat remain distraught.

“When you put your heart into something…it makes me real sad. I’m just glad I have my sweetheart. We’ve been together a long time,” said Alvin.



Tuesday, September 4, 2012

Various ET Races


September 4, 2012

This image came from: 


Some of these I recognize from other depictions.  The horse-like being is an Iargan.  The one on the bottom right might be a joke (and please if that is real I mean no offense to any ET race!).



SaLuSa to Laura – Antarctica Pyramids



Laura  6:54am Sep 4, 2012

SaLuSa – Antarctica Pyramids

Laura: Good afternoon dear SaLuSa. Ana and I are very excited about the Antartica pyramids. We are wondering why has nobody found them before? Can these now be seen because of the ice melting? Will we find more amazing buildings there?

SaLuSa: Good afternoon. I am glad for this question, because this matter illustrates what is taking place very well. It is important to notice that the photographs were leaked. They were not officially released as part of a press conference. In actual fact the research team is under strict surveillance, and everything that they discovered is top secret. There are also military people in the same area as them. All information release is being controlled by those in power.

The same thing is happening in regards to the Baltic USO. Military comes along and take control of the area, especially when independent research is taking place. I mean when the findings are not controlled by the governments by various scheming and by funding these projects.

Another reason why corporations are eager to drill and exploit the Antarctic is because this will give them control of the area. They intend to dig and keep the findings to themselves, under the exclusive guise of resource exploitation. Once they find the “treasures” they are looking for, their plan is to destroy all evidence of advanced civilisations, of ruins and of technology. This has been used on many sacred grounds all over the entire world: in Ireland, in the United States, but also in war zones such as ancient Mesopotamia.

In truth we have been hiding, or cloaking some of the sites which could be used as tools for Ascension from the military. And we are revealing some of the important sites to more independent researchers when we deem they are worthy of trust with potential findings. We try to do so in a timely manner of course.

The people who leaked information and photos have done so for their own protection as well as for the pyramids protection from being erased and all evidence being destroyed. Those photographs were never allowed to be seen by the general public. Many of you had an inner knowledge of there being pyramids on Antarctica, you knew of their existence ever since your time during the Atlantis period.

Indeed there is a connection between these pyramids and Atlantis, because this was a Galactic and global civilization, highly technologically advanced, as well as spiritually developed in the earlier period. [I forgot about this Atlantis 2 reference - Terran 8/18/2020] These pyramids pre-date the ones on Egypt, because the initial builders of pyramids lived on the continent now called Antarctica. There weather conditions were not so extreme when these were built, although a definite weather pattern was already foreseen for that entire continent millennia ago, by their builders.

The 20th Century's Greatest Scientists in One Photo


September 4, 2012


CLICK TO ENLARGE


Saturday, September 1, 2012

Russian Navy UFO Records Say Aliens Love Oceans



September 1, 2012
Thanks to Laura for pointing this one out! 


The Russian navy has declassified its records of encounters with unidentified objects technologically surpassing anything humanity ever built, reports Svobodnaya Pressa news website.

The records dating back to soviet times were compiled by a special navy group collecting reports of unexplained incidents delivered by submarines and military ships. The group was headed by deputy Navy commander Admiral Nikolay Smirnov, and the documents reveal numerous cases of possible UFO encounters, the website says.

Vladimir Azhazha, former navy officer and a famous Russian UFO researcher, says the materials are of great value.

“Fifty percent of UFO encounters are connected with oceans. Fifteen more – with lakes. So UFOs tend to stick to the water,” he said.

On one occasion a nuclear submarine, which was on a combat mission in the Pacific Ocean, detected six unknown objects. After the crew failed to leave behind their pursuers by maneuvering, the captain ordered to surface. The objects followed suit, took to the air, and flew away.

Friday, August 31, 2012

Thai Group Says Steve Jobs Reincarnated as Warrior-Philosopher







August 31, 2012, 11:27 PM SGT

Thai Group Says Steve Jobs Reincarnated as Warrior-Philosopher

By James Hookway

KHLONG LUANG, Thailand – When Apple Inc AAPL +0.62%. founder Steve Jobs died after a long fight with cancer last year, software engineer Tony Tseung sent an email to a Buddhist group in Thailand to find out what happened to his old boss now that he’s no longer of this world.

This month, Mr. Tseung received his answer. Mr. Jobs has been reincarnated as a celestial warrior-philosopher, the Dhammakaya group said in a special television broadcast, and he’s living in a mystical glass palace hovering above his old office at Apple’s Cupertino, California headquarters.

Mr. Jobs’s death unleashed a wave of grief across the world when he died last October. From Shanghai to Sydney to New York, admirers of his iconic devices laid flowers and lit candles to mourn his passing. Some commentators described the outpouring as an homage to a kind of secular prophet whose innovations changed the ways millions of people live their lives, strengthening the appeal of a brand which already was approaching cult-like status.

Thursday, August 30, 2012

I will love you no matter what!


Photo by  Geralyn Camarillo
August 30, 2012

Reblogged from: http://infoguyhank.wordpress.com/

I Will Love You No Matter What!
By Henry Hasse

Thank you, Father, for loving me unconditionally! I discovered this hidden treasure (I will love you no matter what and I will never leave you or forsake you.) among all the weeds in the scriptures almost four years ago and I have been sharing it ever since, always finding a better way to say it, repeating it in many different ways just in case one way will have meaning to you. I call it “my diamond in the rough,” because it is certainly a Divine revelation and now it is finally mine, rough as I still am.

Before we proceed any further, you should know five things from the start:

1) Since this is a blog, I do not feel the need to document references to source material. A little research of your own will uncover them soon enough. 
2) I view the Old Testament and New Testament scriptures as interesting literature only, and certainly not as “holy” and “infallible” words “inspired” by God. You can find explanations for that based on scholarly work and archeology. In other words, I no longer idolize the Christian Bible for the reasons given. 
3) I do not idolize the authority of the Church or its doctrines which have been designed to control people religiously and politically over the centuries. 
4) I am not an Atheist by any stretch. The creation around us, life itself, and the wonders of the human body are proof enough for me that a Higher Existence is responsible for the same. 
5) Finally, my acknowledgement of #4 is evidence that a consciousness of this Higher Existence resides within me as it does in all mankind, patiently waiting to be discovered and put to good use among humans. That it still remains hidden or undiscovered in so much of humanity indicates that it is above all else not a controlling influence and that freedom is its primary value and goal for all of humanity. It can be better defined as unconditional love.

Tom Campbell: Virtual Reality: Why It's A Better Model Than
String Theory and Holographic Universe





August 30, 2012

Wednesday, August 29, 2012

The Orginal 13th Amendment - Proof with Witness Signature


2012-08-29

Got this in my email, someone finally found this thing! 

The Original 13th Amendment - Proof with Witness Signature

Hey Everyone,

I did some research and got a hold of a copy of our original constitution that includes the real 13th amendment which discusses the titles of nobility. The book has been verified and signed for by the archives processor of the Sam Houston Regional Library and Research Center located in Liberty, Texas. The book was published in 1819 and is titled "The Revised Code of the Laws of Virginia. See page 50 of the book or page 17 of the PDF document to read the original 13th amendment of the united states. I also suggest that you read Article 1, Section 10-1, which can be found on page 21 of the book or page 8 of the PDF.

Hope this will help those on a quest to find the truth as well as act on it.

~enerchi of ascensionwithearth.com

Here is the link to my posting at my blog........

https://www.ascensionwithearth.com/2012/08/the-orginal-13th-amendment-proof-with.html
****************************************************

Terran link to 13th Amendment PDF document: 
https://mega.nz/file/IyAlBYIJ#YIudGFduXUNt7dp_M2bL-P2zApwTYcdvy0sGW5EEkI0




Sunday, August 26, 2012

Light Worker Chatter From a Sedona Cafe


Sedona Arizona

August 26, 2012

I'm back from a short trip to Northern Arizona.  You probably noticed my postings were not as frequent although Sophia Love kept the blog alive during my absence with her blog posts on Love Quest.  We stayed in Sedona, the hotels in Flagstaff were simply full due to all the students returning to University for the fall semester.

When we left home Thursday I had the strangest thing happen to me.  I felt pretty good over all, but every sentence I spoke to my wife and daughter in the car it was as if I had come down with a slight case of that gibberish syndrome that struck those TV announcers over the past year.  I would say a well known word and I'd put an odd ending on it.  Other times it sounded like English was my second language and not my first.  I could think of the word but it was coming out of my mouth in odd and unusual ways. Sometimes dyslexic, other times like I didn't know English at all, and one time I sound like a hillbilly.  My daughter was in hysterics laughing at the things I was saying.  All I could do was smile and shrug.  I have no idea what was going on, I felt a little tired but other than that I was fine and I had no problem driving the car.  After about 4 hours into the trip the episode cleared completely and never returned.  If this is an ascension syndrome symptom, its a new one in my book.  Its not as annoying as the odd aches and pains since 2010, just a little frustrating while trying to express a coherent thought.  But at least my family found it amusing!

Sunday, August 19, 2012

Future Automobile Engine: Noble Gas Plasma Engine

     

August 19, 2012
Dear American Kabuki,

I posted a comment on the three solar towers, but it never appeared. Follow the links to the site that explains the solar project where an almost identical comment appears, being quite negative about solar energy. It is IMHO a dead end. Real Free Energy will soon be here, and solar power will fade away.

Three years ago I sought funding over here for a solar panel manufacturing plant, but it needed $150m, wasn't successful.

Right now we have an investor very ready to fund about $35m for a plant to make transition plasma noble gas engines. These are ready to roll from a US developer.

See http://www.inteligentry.com/newengine.html [ ←this link is dead, use this one → http://www.plasmictransition.com/]
Keep well, your site is one of the first I check every morning (we are 14 hours ahead of California time)
Cheers from Indonesia,
-Z


The James Holmes Anomaly - More Unanswered Questions



August 8, 2012

I found this video posted at http://www.rumormillnews.com/cgi-bin/forum.cgi?read=249604

Note: There's been some reports that this video in blocked in the UK, Eire, and the Channel Islands.  I tested it from a UK portal and it seemed to work, but I cannot guarantee it will play from the UK or Eire. -AK



See also http://americankabuki.blogspot.com/2012/07/colorado-massacre-linked-to-historic.html
and http://americankabuki.blogspot.com/2012/07/these-arent-same-man.html

Friday, August 3, 2012

MAYAN TABLETS RELEASED BY MEXICAN GOVERNMENT






Found this article on Facebook (here)

Finally Nassim Haramein's ancient star-gate artifacts makes some news! Watch his youtube presentation with Klaus Dona and make your own judgments on the "pre-mayan artifact".

MAYAN TABLETS RELEASED BY MEXICAN GOVERNMENT
July 31, 2012

"This is really good news. Because just recently at a recent conference, Dr. Nassin Haramein gave a presentation with others on previously classified Mayan tablets found by the Mexican government. The government has now released some of the information for humanity, concluding that the events depicted in the tablet could either be an event from the past or an event to take place in the future.The information which has been protected for 80 years was expected to reveal the Mayan beliefs in future catastrophes and wisdom characterized as “shocking,” also the information about Mayan contact with extraterrestrials has been awaited, this has now been verified.

I believe this is very important for humanity, not just for Mexico. And considering that this information has been protected for 80 years, and how important it really is for people to understand the series of events that are coming, and the consequences for all of us.” This is what they stated before the announcement to release this new information. (Raul Julia-Levy)

When asked if the release will involve aliens, mystical elements or doomsday scenarios that have fueled the popular imagination, scientist`s declined to elaborate on that point.

“I’m not allowed to speak about that,” he said. “Everything is going to come out in time, but I can’t comment on aliens or on 2012.

“I can just say that the Mexican government is preparing to tell humanity and the world things that are critical for us, for the way we live, for the way we’ve been handling the planet.” This he said then, now it`s very much verified.

The tablet shows clearly a planet with some type of habitable atmosphere, several ships, an extraterrestrial being, and more. This could quite possibly be a message from the Mexican government in wake of the Mayan date December 21, 2012. In the tablet one can make out a ship headed toward the planet (Earth) following a comet or massive object as another UFO or ship tries to deflect the object. The UFO is emerging from the sun, this could signify a future change in the sun. What is most interesting is that, these images depict contact with another race of space travelers."





Update: "These Artifacts were found 55 years ago by a tribe in central Mexico. They have been using many of these artifacts around their necks as decorations, necklaces, etc... Re-discovered to the world in 2011! Carbon dating revealed that they pre-date the mayans. A documentary is to be released by the Mexican government at the beginning of December..artifacts will also show a landing pad that has been found in the jungle plus much more.. " 


- with Yesika Ceron, Brien Foerster, Erna Sif Arnfjörð Smáradóttir, Moira Murphy O Mahoney and Sævar Geir Hallvarðsson.





Thursday, August 2, 2012

An Encounter with Gaia



August 2, 2012

I had always considered the "Gaia Theory" of James Lovelock a possibility, but I never really thought of Gaia as being a sentient being in her own right.

A 2002 incident with Pele.

Pele bathing in a pool of lava - Photo by Matt Forney

I had an unusual experience in 2002 during a class on Lomi Lomi Hawaiian Massage in Solanoa Beach California. Katrin had been taught by 4 different Huna practioners of the art, some from the Aunty Margaret Christian school, some from Kapuna with Huna beliefs.  Massage therapy allowed me an avenue to explore subtle energies and esoteric ways in a way that felt safe with the conservative Christian upbringing I had.  It had a lot to do with my awakening.  I never tried to make a living with what I learned in massage classes.

The instructor had a photograph (not the one above) of lava in the Kilauea volcano and you could clearly see a woman, Pele, in the midst of all that lava flow fire and heat.  It was not a photoshop, quite a remarkable photograph! While I was trying out a massage technique she taught that day on another student, this photograph flew off a window sill 4 feet away and hit me on the head!  The window was closed so it wasn't because of the wind.  The instructor laughed and then gave me a good look, "Pele is trying to get your attention!". She grinned.  I was stunned! What the hell!  That incident told me that there's a lot more beings in this world than I thought there was.  She's some kind of elemental being that works with Hawaiian volcanos.



A light worker somewhere wrote said we should all send Gaia energy and love. I decided to apologize on the behalf of all humanity for what we did to her! Not anything verbally spoken, I was worried my family would think I was nuts. Just sincere deep felt thoughts. I didn't know if anyone ever did that before, but I thought I'd try it. I mean really what do I know about sending love and energy to Gaia right?  I am pretty new at this kind of thing.

I felt as if I was on a high speed elevator into the heart of the earth, and big whoosh and zoom. In this waking dream/vision (I don't know what to call it - it happened so fast!) I found myself moving into the center of the Earth (in spirit?) into a deep emerald green place.  In the center was a white zone, blindingly white.

Gaia rode into this white zone on a Impala deer, from off scene into this huge white room from the green zone (think of a green sphere encasing a white spherical room).  Gaia was green, about 5'6" tall (168 cm). Her facial features seemed South American, perhaps Brazilian. She had a leather skirt that reminded me a bit of a Roman Soldier thing and a leather breastplate/armor/top. It looked a bit like a hunting outfit.

Gaia was truly a force to be reckoned with! Raw feminine power of the kind I had never encountered before.  I wasn't sure sure what she was going to do to me. I thought she might punch me! I was a little afraid at first, she was clearly not afraid of anything! Instead she removed the helmet and gave me a kiss.  What a shock!

Then I fell backwards on my ass!  I am laying flat on the ground, stunned and embarrassed, and these spirally things that I think were my chakras flew out from me in and spread into  a circle around me.  Then she sits on top of me and looks me in the face as if to say "its about time, and I forgive!"  And it was over as fast as it started!

I no longer consider Gaia an abstract theory.  I think of her as an entity in her own right on a level that I don't understand. I don't know if the vision was a representation of her in human form, or if she does really appear that way.  There is so much I don't know. But the sense of raw creative power of Gaia was absolutely astounding.
Terran note 8/19/2020: In October 2013 I went to the Tehachapi Opal Tour kickoff.  One afternoon I decided to walk around the ranch house where it was all taking place.  There was about 6 women near the front door talking and I sat on a chair next to them.  It was the most interesting conversation of the day.  One woman was speaking of how her husband is military and works with Pleiadians. Two of the women considered themselves experts on Gaia or possibly inbodyments of her.  I related the above story about my encounter of Gaia and it was as if I farted in a yoga class!  Crickets... and then a lot of uncomfortable body language.  I quietly left... LOL. 
So I didn't tell this story much after than but as far as I am concerned it occurred!  I didn't consider myself a channeler or any kind of expert at all on anything esoteric at the time, but I know what I experienced.




August 3, 2012: I found this on Facebook tonight, it was on one of my readers Facebook pages. 

On top of her head she had a helmet, and a pagoda looking thing springing from the middle of the helmet.  I haven't been able to find a precise representation of what I saw on her head until tonight.  It looked like the building on the left.  Does anyone know what this building is or where its at?




Why We ALL Have Psychic Powers:
How Thought Premonitions & Telepathy are More Common
Than We Thought




August 2, 2012

Rupert Sheldrake, Ph.D. is one of the world's most innovative biologists, and is best known for his theory of morphic fields and morphic resonance, which leads to a vision of a living, developing universe with its own inherent memory.

http://wakeup-world.com/2012/02/07/why-we-all-have-psychic-powers-how-thought-premonitions-telepathy-are-more-common-than-we-thought/

By Dr Rupert Sheldrake

Like many mothers who feared for their family’s safety during World War II, Mona Miller was evacuated from London to the peaceful seaside town of Babbacombe in Devon.

It seemed like a wise precaution but, shortly after her arrival there with her young children, Mrs Miller became increasingly uneasy.

‘I had a feeling that I must leave Devon and return home,’ she told me.

‘At first I dismissed the idea; why leave when I was so happy and contented despite the war going on around me?

‘But the feeling increased. The walls of my room seemed to speak to me: “Go home to London.” I resisted the call for about four months then, one day, like a flash of light, I knew we must leave.

‘On a Saturday in late 1942, we travelled back to London and a few days later I received a letter from a friend in Devon.

‘“Thank God you took the children on Saturday,” she wrote. “Early Sunday morning, Jerry dropped three bombs and one fell on the house where you were living, demolishing it, and killing all the neighbours on either side.”’

Mrs Miller was far from the only person to experience such forebodings during the war.

Sunday, July 29, 2012

Wealth Doesn't Trickle Down – It Just Floods Offshore, Research Reveals         AMERICAN KABUKI 2012-07-29



A far-reaching new study suggests a staggering $21tn in assets has been lost to global tax havens. If taxed, that could have been enough to put parts of Africa back on its feet – and even solve the euro crisis

Capital flight Illustration: Giulio Frigieri for the Observer (click here for a larger version of this graphic)

Heather Stewart
guardian.co.uk, Saturday 21 July 2012 16.00 EDT

Capital flight Illustration: Giulio Frigieri for the Observer (click here for a larger version of this graphic)
The world's super-rich have taken advantage of lax tax rules to siphon off at least $21 trillion, and possibly as much as $32tn, from their home countries and hide it abroad – a sum larger than the entire American economy.

James Henry, a former chief economist at consultancy McKinsey and an expert on tax havens, has conducted groundbreaking new research for the Tax Justice Network campaign group – sifting through data from the Bank for International Settlements (BIS), the International Monetary Fund (IMF) and private sector analysts to construct an alarming picture that shows capital flooding out of countries across the world and disappearing into the cracks in the financial system.

Comedian Jimmy Carr became the public face of tax-dodging in the UK earlier this year when it emerged that he had made use of a Cayman Islands-based trust to slash his income tax bill.

But the kind of scheme Carr took part in is the tip of the iceberg, according to Henry's report, entitled The Price of Offshore Revisited. Despite the professed determination of the G20 group of leading economies to tackle tax secrecy, investors in scores of countries – including the US and the UK – are still able to hide some or all of their assets from the taxman.

"This offshore economy is large enough to have a major impact on estimates of inequality of wealth and income; on estimates of national income and debt ratios; and – most importantly – to have very significant negative impacts on the domestic tax bases of 'source' countries," Henry says.

Using the BIS's measure of "offshore deposits" – cash held outside the depositor's home country – and scaling it up according to the proportion of their portfolio large investors usually hold in cash, he estimates that between $21tn (£13tn) and $32tn (£20tn) in financial assets has been hidden from the world's tax authorities.

"These estimates reveal a staggering failure," says John Christensen of the Tax Justice Network. "Inequality is much, much worse than official statistics show, but politicians are still relying on trickle-down to transfer wealth to poorer people.

"This new data shows the exact opposite has happened: for three decades extraordinary wealth has been cascading into the offshore accounts of a tiny number of super-rich."

In total, 10 million individuals around the world hold assets offshore, according to Henry's analysis; but almost half of the minimum estimate of $21tn – $9.8tn – is owned by just 92,000 people. And that does not include the non-financial assets – art, yachts, mansions in Kensington – that many of the world's movers and shakers like to use as homes for their immense riches.

"If we could figure out how to tax all this offshore wealth without killing the proverbial golden goose, or at least entice its owners to reinvest it back home, this sector of the global underground is easily large enough to make a significant contribution to tax justice, investment and paying the costs of global problems like climate change," Henry says.

He corroborates his findings by using national accounts to assemble estimates of the cumulative capital flight from more than 130 low- to middle-income countries over almost 40 years, and the returns their wealthy owners are likely to have made from them.

In many cases, , the total worth of these assets far exceeds the value of the overseas debts of the countries they came from.

The struggles of the authorities in Egypt to recover the vast sums hidden abroad by Hosni Mubarak, his family and other cronies during his many years in power have provided a striking recent example of the fact that kleptocratic rulers can use their time to amass immense fortunes while many of their citizens are trapped in poverty.

The world's poorest countries, particularly in sub-Saharan Africa, have fought long and hard in recent years to receive debt forgiveness from the international community; but this research suggests that in many cases, if they had been able to draw their richest citizens into the tax net, they could have avoided being dragged into indebtedness in the first place. Oil-rich Nigeria has seen more than $300bn spirited away since 1970, for example, while Ivory Coast has lost $141bn.

Assuming that super-rich investors earn a relatively modest 3% a year on their $21tn, taxing that vast wall of money at 30% would generate a very useful $189bn a year – more than rich economies spend on aid to the rest of the world.

The sheer scale of the hidden assets held by the super-rich also suggests that standard measures of inequality, which tend to rely on surveys of household income or wealth in individual countries, radically underestimate the true gap between rich and poor.

Milorad Kovacevic, chief statistician of the UN Development Programme's Human Development Report, says both the very wealthy and the very poor tend to be excluded from mainstream calculations of inequality.

"People that are in charge of measuring inequality based on survey data know that the both ends of the distribution are underrepresented – or, even better, misrepresented," he says.

"There is rarely a household from the top 1% earners that participates in the survey. On the other side, the poor people either don't have addresses to be selected into the sample, or when selected they misquote their earnings – usually biasing them upwards."

Inequality is widely seen as having increased sharply in many developed countries over the past decade or more – as described in a recent paper from the IMF, which showed marked increases in the so-called Gini coefficient, which economists use to measure how evenly income is shared across societies.

Globalisation has exposed low-skilled workers to competition from cheap economies such as China, while the surging profitability of the financial services industry – and the spread of the big bonus culture before the credit crunch – led to what economists have called a "racing away" at the top of the income scale.

However, Henry's research suggests that this acknowledged jump in inequality is a dramatic underestimate. Stewart Lansley, author of the recent book The Cost of Inequality, says: "There is absolutely no doubt at all that the statistics on income and wealth at the top understate the problem."

The surveys that are used to compile the Gini coefficient "simply don't touch the super-rich," he says. "You don't pick up the multimillionaires and billionaires, and even if you do, you can't pick it up properly."

In fact, some experts believe the amount of assets being held offshore is so large that accounting for it fully would radically alter the balance of financial power between countries. The French economist Thomas Piketty, an expert on inequality who helps compile the World Top Incomes Database, says research by his colleagues has shown that "the wealth held in tax havens is probably sufficiently substantial to turn Europe into a very large net creditor with respect to the rest of the world."

In other words, even a solution to the eurozone's seemingly endless sovereign debt crisis might be within reach – if only Europe's governments could get a grip on the wallets of their own wealthiest citizens.

• This article was amended on 23 July. In the original graphic Poland was shown in the wrong place. This has been corrected



Capital flight Illustration: Giulio Frigieri for the Observer (click here for a larger version of this graphic)

http://www.guardian.co.uk/business/2012/jul/21/offshore-wealth-global-economy-tax-havens

A far-reaching new study suggests a staggering $21tn in assets has been lost to global tax havens. If taxed, that could have been enough to put parts of Africa back on its feet – and even solve the euro crisis


by Heather Stewart

guardian.co.uk, Saturday 21 July 2012 16.00 EDT

Capital flight Illustration: Giulio Frigieri for the Observer

The world's super-rich have taken advantage of lax tax rules to siphon off at least $21 trillion, and possibly as much as $32tn, from their home countries and hide it abroad – a sum larger than the entire American economy.

James Henry, a former chief economist at consultancy McKinsey and an expert on tax havens, has conducted groundbreaking new research for the Tax Justice Network campaign group – sifting through data from the Bank for International Settlements (BIS), the International Monetary Fund (IMF) and private sector analysts to construct an alarming picture that shows capital flooding out of countries across the world and disappearing into the cracks in the financial system.

Comedian Jimmy Carr became the public face of tax-dodging in the UK earlier this year when it emerged that he had made use of a Cayman Islands-based trust to slash his income tax bill.

But the kind of scheme Carr took part in is the tip of the iceberg, according to Henry's report, entitled The Price of Offshore Revisited. Despite the professed determination of the G20 group of leading economies to tackle tax secrecy, investors in scores of countries – including the US and the UK – are still able to hide some or all of their assets from the taxman.

"This offshore economy is large enough to have a major impact on estimates of inequality of wealth and income; on estimates of national income and debt ratios; and – most importantly – to have very significant negative impacts on the domestic tax bases of 'source' countries," Henry says.

Using the BIS's measure of "offshore deposits" – cash held outside the depositor's home country – and scaling it up according to the proportion of their portfolio large investors usually hold in cash, he estimates that between $21tn (£13tn) and $32tn (£20tn) in financial assets has been hidden from the world's tax authorities.

"These estimates reveal a staggering failure," says John Christensen of the Tax Justice Network. "Inequality is much, much worse than official statistics show, but politicians are still relying on trickle-down to transfer wealth to poorer people.

"This new data shows the exact opposite has happened: for three decades extraordinary wealth has been cascading into the offshore accounts of a tiny number of super-rich."

In total, 10 million individuals around the world hold assets offshore, according to Henry's analysis; but almost half of the minimum estimate of $21tn – $9.8tn – is owned by just 92,000 people. And that does not include the non-financial assets – art, yachts, mansions in Kensington – that many of the world's movers and shakers like to use as homes for their immense riches.

"If we could figure out how to tax all this offshore wealth without killing the proverbial golden goose, or at least entice its owners to reinvest it back home, this sector of the global underground is easily large enough to make a significant contribution to tax justice, investment and paying the costs of global problems like climate change," Henry says.

He corroborates his findings by using national accounts to assemble estimates of the cumulative capital flight from more than 130 low- to middle-income countries over almost 40 years, and the returns their wealthy owners are likely to have made from them.

In many cases, , the total worth of these assets far exceeds the value of the overseas debts of the countries they came from.

The struggles of the authorities in Egypt to recover the vast sums hidden abroad by Hosni Mubarak, his family and other cronies during his many years in power have provided a striking recent example of the fact that kleptocratic rulers can use their time to amass immense fortunes while many of their citizens are trapped in poverty.

The world's poorest countries, particularly in sub-Saharan Africa, have fought long and hard in recent years to receive debt forgiveness from the international community; but this research suggests that in many cases, if they had been able to draw their richest citizens into the tax net, they could have avoided being dragged into indebtedness in the first place. Oil-rich Nigeria has seen more than $300bn spirited away since 1970, for example, while Ivory Coast has lost $141bn.

Assuming that super-rich investors earn a relatively modest 3% a year on their $21tn, taxing that vast wall of money at 30% would generate a very useful $189bn a year – more than rich economies spend on aid to the rest of the world.

The sheer scale of the hidden assets held by the super-rich also suggests that standard measures of inequality, which tend to rely on surveys of household income or wealth in individual countries, radically underestimate the true gap between rich and poor.

Milorad Kovacevic, chief statistician of the UN Development Programme's Human Development Report, says both the very wealthy and the very poor tend to be excluded from mainstream calculations of inequality.

"People that are in charge of measuring inequality based on survey data know that the both ends of the distribution are underrepresented – or, even better, misrepresented," he says.

"There is rarely a household from the top 1% earners that participates in the survey. On the other side, the poor people either don't have addresses to be selected into the sample, or when selected they misquote their earnings – usually biasing them upwards."

Inequality is widely seen as having increased sharply in many developed countries over the past decade or more – as described in a recent paper from the IMF, which showed marked increases in the so-called Gini coefficient, which economists use to measure how evenly income is shared across societies.

Globalisation has exposed low-skilled workers to competition from cheap economies such as China, while the surging profitability of the financial services industry – and the spread of the big bonus culture before the credit crunch – led to what economists have called a "racing away" at the top of the income scale.

However, Henry's research suggests that this acknowledged jump in inequality is a dramatic underestimate. Stewart Lansley, author of the recent book The Cost of Inequality, says: "There is absolutely no doubt at all that the statistics on income and wealth at the top understate the problem."

The surveys that are used to compile the Gini coefficient "simply don't touch the super-rich," he says. "You don't pick up the multimillionaires and billionaires, and even if you do, you can't pick it up properly."

In fact, some experts believe the amount of assets being held offshore is so large that accounting for it fully would radically alter the balance of financial power between countries. The French economist Thomas Piketty, an expert on inequality who helps compile the World Top Incomes Database, says research by his colleagues has shown that "the wealth held in tax havens is probably sufficiently substantial to turn Europe into a very large net creditor with respect to the rest of the world."

In other words, even a solution to the eurozone's seemingly endless sovereign debt crisis might be within reach – if only Europe's governments could get a grip on the wallets of their own wealthiest citizens.

• This article was amended on 23 July. In the original graphic Poland was shown in the wrong place. This has been corrected

Colorado Massacre Linked To Historic Bank Fraud - Killer Does Not Appear To Be James Holmes




July 29, 2012

This was posted at: http://anoncentral.tumblr.com/post/28109989079/colorado-massacre-linked-to-historic-bank-fraud


Colorado Massacre Linked To Historic Bank Fraud - Killer Does Not Appear To Be James Holmes





KILLER DOES NOT APPEAR TO BE JAMES HOLMES - JAMES HOLMES BEING USED IN BLACKMAIL OF ROBERT HOLMES FINANCIAL FRAUD DETECTION EXPERT FOR FICO IN LIBOR SCANDAL.

James Holmes father Robert Holmes, was said to have been scheduled to testify within the next few weeks before a US Senate panel on the massive banking crime called the LIBOR Scandal where UK banks fixed the London Interbank Borrowing Rate with the complicity of the Bank of England, the US Federal Reserve (which knew about this crime for 4 years and didn’t report it) and many other major Western banks.

Not known to the majority of those affected by this LIBOR rate scandal (which is everyone in the world) is that its historically low setting of interests rates since the beginning of the Global Financial Crisis of 2007-2012 has done more to destroy the life savings, stock investments and retirements of Americas middle class than any other single event in their entire history.

Even worse, according to this report, Holmes recently completed his work on what is called one of the most sophisticated computer algorithms ever developed that not only uncovered the true intent of this massive fraud, but is, also, able to trace the Trillions of Dollars “lost” to the exact bank accounts of the elite classes who have stolen it.

This Colorado massacre occurred within minutes of London’s Guardian News Service releasing report this past Saturday (21 July) titledWealth Doesn’t trickle Down – It Just Floods Offshore, Research Revealsas Robert Holmes algorithms [AI neural networks] were said used to discover this massive fraud scheme.

Equally curious to note about this massacre is that the American intelligence website TheIntelHub.Com in their 23 July article titled “Hallmarks of a False Flag: Colorado University Held Identical Drill on Same Day as Aurora Theater Mass Shooting, Mind Control, and Multiple Suspects” states that just mere hours before this shocking crime was committed the Rocky Vista University College of Osteopathic Medicine was holding an identical drill that simulated a shooter in a movie theater.

“False flag” events such as the Colorado massacre are actively planned for by the US Army as noted in their training manual titled “Foreign Internal Defense Tactics Techniques and Procedures for Special Forces”.

Ben Swann from their WXIX-FOX19 station out of Cincinnati, Ohio, who asks:

“Why did Holmes go to the expense and trouble of rigging his apartment with an array of deadly explosives and then immediately tell police about the bombs when he was arrested? If Holmes wanted to kill as many people as possible, why warn the cops ahead of time?

Given the fact that Holmes was a graduate student in neuroscience, where did he obtain the skills to create a maze of bombs so complex that it took the FBI two days to disarm them? According to experts, the intricacy of the bombs was reminiscent of war zones – how could Holmes have set all this up without help from an explosives expert?

Despite police claiming “every single indicator” tells them the shooting was a lone wolf attack, numerous witnesses have described accomplices. Initial police reports that suggested the involvement of two or more shooters were quickly buried and the lone wolf narrative aggressively pushed.

As Swann points out, eyewitnesses interviewed after the shooting such as Corbin Dates state that Holmes received a phone call from someone while he was inside the theater and responded by moving to the emergency exit, suggesting the call was an accomplice coordinating the attack.

Dates also said he saw Holmes by the exit door “signaling somebody or looking for somebody to come his way.

Another eyewitness added, “From what we saw he wasn’t alone – he had someone with him. Because the second can of tear gas didn’t come from his side.”

The real James Holmes apparently has been abducted (compare photos) to force FICO crime scientist Robert Holmes to not testify in LIBOR scandal — his expertise as scienfiic director at FICO investigating fraud by statistical patterns and expert in credit scoring analysis -

The real James Holmes is on the right [Terran Note: This appears to be a typo, the real James is on the left as in the photo above]. This imposter is on assignment and somehow has been assured of protection and is a pure sociopath earning a buck. If the real James Holmes has been taken then his parents, of course, know it.

James’ father is a mathematician/statistician who works for FICO which scores our credit using among other things the inter-bank interest rate set by LIBOR. FICO is the eyes, the intelligence of lenders in discriminating among potential borrowers as risks. James Holmes was the lead developer of FICO’s fraud manager system for financial institutions. [He is also one of the leading San Diego researchers on neural network based artificial intelligence systems.]

The LIBOR scandal which involves the biggest and most powerful merchant banking houses in the City of London is in the midst of the biggest fraud scandal in history. Here is money and motive enough to make conceivable a black-operation on the scale of the James Holmes frameup.

The bankers are major criminals and have been for sometime. They are criminals with trillions at their disposal. They control all strategic institutions of probably all major governments or are working towards that end. They need to know that no man in law enforcement or fraud detection can harm them, and so they have prepared means of intervening to prevent — by murder, blackmail, intimidation, bribery or psychological manipulation by methods developed in secret by the former Soviet Union, China, Israel and the officially denied equally unrestrained CIA and also mercenary intelligence and espionage services retained by high financial organized crime. What I am driving at is that operations like this may be on stand-by for any fraud investigator or honest politician or financial expert the banks legitimately employ. James Holmes may have been targeted early as the handle by which to control Robert Holmes if that is necessary.

Robert Holmes knows which of these to is his son and which is not.

Not only is the arm of the international banking crime syndicate able to reach out and stop investigating statistician-mathematician -operations-analysis fraud investigators like Robert Holmes - they are also, very easily, able to keep police and defense attorneys from following the right lines of evidence. The resources to intimidate or bribe or otherwise control person after person to prevent an outcome or to force an outcome certainly exists, certainly is part of the defensive equipment of the most powerful criminal syndicate the world has seen.

The only defense the people have against the banking crime families is for the public to spread the word and all as one speak with a unified voice of public opinion. But of course the bankers can thwart that, as they have with 9-11, with the economic depression, with countless other crimes too big and too amazing even to believe when they are all listed on one page. (for example, weaponized weather modification and the ability to take control of planes. The fact that the prisoner in the Aurora shooting is not James Holmes. That a crime this elaborate and expensive could only be performed in the interests of the most powerful people on the planet — and they are the international bankers to whom this one country owe 14 trillion dollars — a good portion of which figure was determined by fraudulent manipulations of the LIBOR (inter-bank exchange rate) which has been set to favor the bankers rather than to reflect currently obtaining lending market conditions as it is represented as doing. This crime could spell the end of the international bankers — and that is why they went to such lengths to kidnap James Holmes and substitute this mass-murdering imposter in his place — and who we may shortly be hearing killed himself — I can’t see how they can let him go on public trial, or appear with his hair dyed back to its original color.

Holmes father:

Robert went on to earn a bachelor’s degree in mathematics at Stanford, a master’s in biostatistics at UCLA, and a doctorate in statistics at the University of California at Berkeley in 1981. His doctoral thesis was titled “Contributions to the Theory of Parametric Estimation in Randomly Censored Data.” He subsequently authored studies for the Navy and the Marine Corps on how to forecast personnel changes using something called “tree classifications,” the trees in question being statistical. Eventually, reports say, he signed on as a low-six-figure-a-year senior scientist with FICO, which produces management systems, fraud protection, and credit scores

RENSE.COM: Will The REAL James Holmes Please Stand Up?



July 29, 2012


Jeff Rense Writes: 

"Is it not exceedingly clear that the alleged shooter who made his first court room appearance is not the same "James Holmes" as depicted in earlier photos?  

Wouldn't that be the felony crime of Subornation of Perjury?

Subornation of perjury, in United States law, is the crime of persuading a person to commit perjury; [as in substitution of suspects?] and also describes the circumstance wherein an attorney causes or allows another party to lie. In American federal law, 18 U.S.C. § 1622 provides:
Whoever procures another to commit any perjury is guilty of subornation of perjury, and shall be fined under this title or imprisoned not more than five years, or both."


Saturday, July 28, 2012

Banker Arrests


July 28, 2012

Cindy has graciously taken on the task of collecting reports of banker arrests into one list.  You will find a permanent link to her web page at the top of my blog under "BANKERS ARRESTED"

http://consciouslyconnecting.blog.com/2012/07/25/bankers-and-brokers-and-inside-traders-arrested-oh-my/


Out of curiosity I Googled bankers, brokers and inside traders with arrested and July. Here’s the results:

Thursday, July 26, 2012

Photos From Inside James Holmes San Diego Bedroom

Composite Photo courtesy  http://the2012scenario.com/ 
July 26, 2012

From a source requesting anonymity:

First of all, I've been following your blog since the banking resignations and would like to extend my thanks and gratitude for your service, as I now check it for updates daily. You may or may not be interested in this information, but my only request is that if you decide to use it I remain anonymous, as the ramifications could easily and likely result in the loss of my job. 

I manage ............for a ....... company in San Diego. One of my reps received an appt ......... in Rancho Penasquitos, for a client by the name of Robert Holmes. He immediately came to me with the lead, as he suspected this could possibly be the parents home of alleged CO gunman (most likely the real James Holmes, and not this off look alike the media is now portraying to be him). 

On the lead sheet it stated there would be a security guard on site and to show your badge in order to get the keys from the neighbors, so we could get inside and do our inspection. Inside James childhood bedroom, which we were told by the neighbors he had not lived in full time since he moved away for college, I was able to snap a few pictures if his book shelves. I know this was an invasion of privacy, but considering I believe this whole story is a bunch of BS, I figured it was worth the risk and could do no harm to do a little of my own recon, which I would like to think of as my quest for truth, by finding out what kinds of books "the real James" used to read. 

This email, followed by 2 more, include the pictures I was able to quickly snap off with my iPhone yesterday. There's quite a bit to look at, but I would recommend paying extra close attention to the series of 3 David Sherman & Dan Cragg series novels he has grouped together, called "Starfist." Flashfire, Backshot and Pointblank are the titles. A simple amazon search for the books  and Wikipedia search for David Sherman sheds some interesting light on the selection of reading material James was into...hardly that of a cold blooded killer. 

Something else I found interesting is that when we spoke to Robert over the phone he said he was hiding out essentially, and could be ducking out to a new location at moment's notice, so there would be no way for us to send him an original contract to sign. It's obvious he doesn't want anyone to know where he is, which is understandable considering the situation. However, the extremes and lengths to which he is going to, to move from location to location seems a little bit excessive for a man who wants to avoid 'only' media attention...seems to me he is hiding out from a much bigger power, with a much mightier will. I will leave this to you for your take on the whole situation. 

Anyways, you may not think much of it at all, but after listening to your interview on Stephen Cook, I feel we share the same mission, which is to bring Truth to the masses and Light to the world. 

Blessings to you!  Keep up the good work!





Closeup of Books 



Wednesday, July 25, 2012

James Holmes Photos -These Aren't the Same Man


Photo sent to me by CW
July 25, 2012

CW sent me this photo comparison of two James Holmes photos from the media.  They don't look like the same man to me, unless he's nose job, ear pinning, and redone eyes.Very strange.

Photo Courtesy Sydney Morning Herald

Photo Courtesy Rense.com (added 7/29/12)

Tuesday, July 24, 2012

Goverment Admits Thimerosal (Mercury) in Vaccines Causes Autism


cartoon courtesy http://www.theattleborozone.com/pages/vac_rec
July 24, 2012

http://www.ncbi.nlm.nih.gov/pubmed/12773696

Exp Biol Med (Maywood). 2003 Jun;228(6):660-4.
Neurodevelopmental disorders after thimerosal-containing vaccines: a brief communication.
Geier MR, Geier DA.


Source
The Genetic Centers of America, Silver Spring, Maryland 20905, USA. mgeier@erols.com

Abstract
We were initially highly skeptical that differences in the concentrations of thimerosal in vaccines would have any effect on the incidence rate of neurodevelopmental disorders after childhood immunization. This study presents the first epidemiologic evidence, based upon tens of millions of doses of vaccine administered in the United States, that associates increasing thimerosal from vaccines with neurodevelopmental disorders.

Specifically, an analysis of the Vaccine Adverse Events Reporting System (VAERS) database showed statistical increases in the incidence rate of autism (relative risk [RR] = 6.0), mental retardation (RR = 6.1), and speech disorders (RR = 2.2) after thimerosal-containing diphtheria, tetanus, and acellular pertussis (DTaP) vaccines in comparison with thimerosal-free DTaP vaccines.

The male/female ratio indicated that autism (17) and speech disorders (2.3) were reported more in males than females after thimerosal-containing DTaP vaccines, whereas mental retardation (1.2) was more evenly reported among male and female vaccine recipients.

Controls were employed to determine if biases were present in the data, but none were found. It was determined that overall adverse reactions were reported in similar-aged populations after thimerosal-containing DTaP (2.4 +/- 3.2 years old) and thimerosal-free DTaP (2.1 +/- 2.8 years old) vaccinations.

Acute control adverse reactions such as deaths (RR = 1.0), vasculitis (RR = 1.2), seizures (RR = 1.6), ED visits (RR = 1.4), total adverse reactions (RR = 1.4), and gastroenteritis (RR = 1.1) were reported similarly after thimerosal-containing and thimerosal-free DTaP vaccines. An association between neurodevelopmental disorders and thimerosal-containing DTaP vaccines was found, but additional studies should be conducted to confirm and extend this study.

Comment in
Questions about thimerosal remain. [Exp Biol Med (Maywood). 2003]
PMID: 12773696 [PubMed - indexed for MEDLINE] Free full text
Publication Types, MeSH Terms, Substances

Publication Types
Comparative Study

MeSH Terms
Adverse Drug Reaction Reporting Systems
Child, Preschool
Databases, Factual
Developmental Disabilities/chemically induced*
Developmental Disabilities/epidemiology
Diphtheria-Tetanus-acellular Pertussis Vaccines/adverse effects*
Diphtheria-Tetanus-acellular Pertussis Vaccines/chemistry
Female
Humans
Infant
Male
Nervous System Diseases/chemically induced*
Nervous System Diseases/epidemiology
Population Surveillance
Preservatives, Pharmaceutical/adverse effects*
Preservatives, Pharmaceutical/chemistry
Risk Assessment
Thimerosal/adverse effects*
Thimerosal/chemistry
United States/epidemiology
United States Food and Drug Administration

Substances
Diphtheria-Tetanus-acellular Pertussis Vaccines
Preservatives, Pharmaceutical
Thimerosal
LinkOut - more resources

Full Text Sources
HighWire Press
Swets Information Services

Other Literature Sources
IndexCopernicus

Medical
Neurologic Diseases - MedlinePlus Health Information
Developmental Disabilities - MedlinePlus Health Information


Molecular Biology Databases
THIMEROSAL - HSDB

Tuesday, July 17, 2012

The Vatican Bank Is Reportedly Under Investigation For Laundering Millions For A Mafia Godfather


AP Photo/Riccardo De Luca

July 17, 2012

http://www.businessinsider.com/vatican-bank-new-investigation-targets-mafia-links-2012-6

June 14, 2012, 11:54 AM 


New reports detailing widespread corruption and money laundering in the Vatican are coming out again, this time linking the Vatican with Sicilian mafia bosses, the Telegraph reports.

Sicilian mafia Godfather Matteo Messina Denaro and Father Ninni Treppiedi are the two names being mentioned in this episode.

Treppiedi, formerly the cleric of Aclamo, the richest parish in mafia safe haven Sicily, was relieved of his duties earlier this year when his bank's transactions attracted the attention of anti-mafia investigators. The transactions, which date back to 2007-2009, are said to involve millions of euros, according to RT.

Prosecutors believe the transactions may have been attempts at laundering the riches of Mafia Godfather Denaro. Denaro is said to be one of the most wanted men on earth, and has something of a celebrity status in Italy (he appeared on the cover of l'Espresso in 2001).


The lack of transparency in the Vatican's financial dealings was even recently questioned by JPMorgan Chase, shutting down the Vatican's bank account in Chase's Milan branch.

Friday, July 13, 2012

A Simple Explanation of Securitization




JULY 13, 2012

This was originally written in terms of South African Rand, I've changed Rand into Dollars, and various British spellings for sake of clarity to American readers. I apologize for the lack of attribution, I do not know who the original author is. -Terran

A Simple Explanation of Securitization

It is the simple basic task of taking a whole pile of simple single things, joining them all together and calling the collective of them all a new thing, and then selling that thing.

In the banking sector its the taking of a bunch of loans, bundling them together, calling a group of 10 loans a 'structured investment vehicle', and then selling the 'structured investment vehicle' to someone else.

In the Stock Exchange it just taking a group of separate stocks, bundling them together, calling them a unit trust, and selling a unit trust.

In the insurance industry its just taking a bunch of insurance policies, grouping them all together, calling them a re-insurance group, and selling the re-insurance group.

The underlying common principle behind every one of these acts is that the new thing that is formed is not an actual physical thing, and therefore somebody is not paying for an actual physical thing and that is where the whole monetary system collapses.

It's the whole 'widgets in your hand' story.

If you have a factory making widgets and it makes 10 widgets and sells them for $1 each, then the factory has received $10 rand and somebody else has 10 widgets. If that someone else then bunches them together into a 'box of widgets' and sells "A box of widgets" to someone else for $15, then someone else has paid $15 for 10 widgets THAT ARE ONLY WORTH $10.

If that someone else ever tries to sell one of those widgets he has to ask $1.50 for it just to break even, but no-one will ever pay him $1.50 for it because they can buy it from the widget factory for $1.00 already, so at some stage someone will always end up sitting with something that he has paid too much money for that he cannot sell to anyone. And if that someone is a bank, who said to 10 customers give me $1.50 each so that we can buy this 'box of 10 widgets' for $15, and therefore the bank didn't use their own money, then the bank just turns round to those 10 guys and just says "sorry I've lost your money its not my problem its you who lose out, I'm alright jack because I just get paid a salary for going shopping for "boxes of widgets."  And those 10 customers who gave the bank their money are left sitting with a widget each that they have paid $1.50 for that anyone else can buy at the widget factory for only $1.00.


It doesn't matter if widgets are house loans, stock shares, insurance policies, personal loans, investments, rare paintings, whatever, and they call it securitization or re-insurance or unit trusts or underwriting or whatever, as long as somebody is taking AND DOING NOTHING TO IT (Adding no value) AND CHARGING SOMEBODY ELSE MORE FOR IT, THERE WILL ALWAYS BE AN END PERSON GETTING STUCK WITH IT WHO HAS PAID TOO MUCH FOR IT AND CANT GET HIS MONEY (OR THE PEOPLES WHOSE MONEY HE IS USING) BACK.

(Of course house prices going up and down and stock fluctuations and exchange rates all play a part but the above is the basic fundamental principle)

Of course all of this must never be confused with someone buying widget A (a car engine) for $1 and widget B ( a car body) for $1 and widget C (tires glass seats etc) for $1 and putting them all together to make widget D (a fully functioning car) and selling that for $5. In that instance the person buying widget D (a fully functioning car) IS GETTING SOMETHING THAT DIDN'T EXIST BEFORE so therefore its right to pay more for something that didn't exist before.

But with Securitization etc, THEY ARE NOT MAKING SOMETHING THAT DIDN'T EXIST BEFORE. There is no more widgets than there were before, there are no more houses than there were before, there are no more signed loan agreements than there were before, there is no more stocks or shares than there were before, there is nothing more than what was just there originally but somebody is paying more for just exactly what was there before, and that is where the system will always fall apart.

It's exactly the same as interest.

$100 exists

It sits in the bank
The bank lends 10 people $10 each
Still only $100 exists.
each person has to pay back $11 to the bank
They can't, $110 doesn't exist, it cannot be done.

They will keep paying until they have each paid $10 and then they are stuck, another $1 each DOES NOT EXIST to pay back.

So then the whole system will collapse.

That is a very simplified version and the borrowing goes on and on for decades before it all falls apart but the basic principle is the same.*

*Terran Note: this is also why under our current economic system there will always be losers, poverty, and unemployment, its a direct result of a system that by nature is not sustainable, since the banking system creates no real new net value, it only extracts value.