12 replies to this topic

[Rogerdodger]

Bilderberg 2012: bigger and badder and better than ever

"There's a lot of anger in the crowd this year – a great wall of noise met each delegate as they swooped up the hotel drive. Personally, I thought the crowd was a little harsh at times: branding each new arrival "thieving scum!" when, looking at the delegate list, no more than two thirds of those arriving could reasonably be called that.

...a new name – Michael J Evans – who enjoys the elegant title: vice-chairman, global head of growth markets, Goldman Sachs.Evans will be conferencing with his esteemed colleages, James A Johnson (director of Goldman Sachs) and Peter Sutherland (chairman of Goldman Sachs International) – the last two both members of Bilderberg's Steering Group. The strong Goldman showing this year does so much to reassure me of the benign and worthwhile efforts of Bilderberg. They just want to get on and help us, quietly and secretly. Like a corporate cross between Santa Claus and a big friendly squid."

Edited by Rogerdodger, 01 June 2012 - 11:41 PM.

[q4wer]

Are they going to drive the market down more? Just throw out some bad news.

[TechRaider]

Are they going to drive the market down more? Just throw out some bad news.

I'd say the opposite given the weekend sentiment readings here. Maybe some more bad news after a bounce when bears have reloaded

[Rogerdodger]

Anytime "elites" gather to plan my future, I'm frightened.
Perhaps well intentioned, groups like this purpose heady utopian ideas like uniting all mankind with things like the Euro and the yet to be implemented North American currency, the Amero.
One currency means one central bank with each country giving up a great measure of autonomy to the grand elite world directors, (who no doubt are pure angels with only the noblest of intentions).
The original purpose was to dilute the independent sovereignty of countries and thus discourage strong countries like Germany from ever going to war again.
Well, I don't think it ever works like they plan.

WORLD BANK: 'Far from clear leaders ready for impending catastrophe'...

Top Italy banker says risk of euro breakup growing...

NEXT?
The Case for the Amero:
The Economics and Politics of a North American Monetary Union

Edited by Rogerdodger, 02 June 2012 - 09:01 AM.

[Rogerdodger]

Titanic rearranges the deck chairs:

1 World Bank CEO Zoellick resigns
http://www.smh.com.a...0216-1ta2u.html
World Bank president Robert Zoellick announced that he would step down at the end of June, setting up a possible new fight over US dominance at the global development lender.

2 Anz Bank CFO Australia resigns
http://www.marketwat...ffle-2012-02-15

3 Nicaraqua Central Bank Pres Rosales resigns
http://www.businessw...ith-ortega.html

4 Credit Suisse Chief Joseph Tan resigns
http://www.businessw...an-resigns.html

5 GERMAN PRESIDENT Christian Ruff resigns
http://www.dailymail...ced-resign.html

6 Royal Bank of Scotland Austrailin CEO Stephen Williams resigns
http://www.theaustra...j-1226272513981

7 Kuwait Central Bank CEO resigns
http://www.washingto...rOAR_story.html

8 Slovenia TWO largest Banks CEO's (2) resign
http://www.bloomberg...os-resigns.html

9 Bank of India CEO Chaturvedi resigns
http://www.mydigital...edi-resigns-043

10 Tamilnad Mercantile Bank CEO resigns
http://www.business-...resigns/464259/

11 GOLDMAN SACHS CEO Blankenfein to resign
http://www.businessi...2#ixzz1mmKlHj6l

[DrSP]

10 Tamilnad Mercantile Bank CEO resigns

That is more like a village bank. That is smaller even to call a lifeboat.

[Rogerdodger]

I wonder who might be nominated for the World Bank job at this week's Burgerfest? Mrs. C?

[Lee48]

You did some heavy gloom and doom lifting this weekend Rog.
But you forgot to add this X-Goldman's forecast. In case some missed it.
http://www.zerohedge...esentation-ever

Now I don't have to wonder how the S&P will go below the 09 low of 666 like Mr T predicts at some point in the near future.
Or how or when one oz of Gold will buy the Dow..

A new money system is on the way, as is planned.

[Rogerdodger]

Let's make a deal!
Debt Has Increased More in Last 15 Months Than First 97 Congresses -- Combined!

Hi Lee48!
ZeroHedge has the best gloom and doom story ever!
Back to the cave for me.

We don’t know exactly what is to come, but we can all join the very few dots from where we are now, to the collapse of the first major bank…
With very limited room for government bailouts, we can very easily join the next dots from the first bank closure to the collapse of the whole European banking system, and then to the bankruptcy of the governments themselves.
There are almost no brakes in the system to stop this, and almost no one realises the seriousness of the situation.
The problem is not Government debt per se. The real problem is that the $70 trillion in G10 debt is the collateral for $700 trillion in derivatives…
Yes, that equates to 1200% of Global GDP and it rests on very, very weak foundations
From an EU crisis, we only have to join one dot for a UK crisis of equal magnitude.
And then do you think Japan and China would not be next?
And then do you think the US would survive unscathed?
That is the end of the fractional reserve banking system and of fiat money.

It is the big RESET.

It continues:

Bonds will be stuck at 1% in the US, Germany, UK and Japan (for this phase).
The whole bond market will be dead.
Short selling on bonds - banned
Short selling stocks – banned
CDS – banned
Short futures – banned
Put options – banned

All that is left is the Dollar and Gold

It only gets better. We use the term loosely:

We have around 6 months left of trading in Western markets to protect ourselves or make enough money to offset future losses.
Spend your time looking at the risks of custody, safekeeping, counterparty etc. Assume that no one and nothing is safe.
After that…we put on our tin helmets and hide until the new system emerges

And the punchline

From a timing perspective, I think 2012 and 2013 will usher in the end.

Edited by Rogerdodger, 02 June 2012 - 10:18 PM.

[AChartist]

They are just taking care of you, making the world safer for demon-ocracy.

Logan Law :

The Logan Act is a U.S. law which was passed by President John Adams in 1799 (last amended in 1994). The act states that American citizens cannot negotiate with foreign officials without the authorization of the U.S. Government.The text of the act reads, "Any citizen of the United States, wherever he may be, who, without authority of the United States, directly or indirectly commences or carries on any correspondence or intercourse with any foreign government or any officer or agent thereof, with intent to influence the measures or conduct of any foreign government or of any officer or agent thereof, in relation to any disputes or controversies with the United States, or to defeat the measures of the United States, shall be fined under this title or imprisoned not more than three years, or both.”

Read more: http://www.digitaljo...7#ixzz1wjjxlOao