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Read or Condemn Yourself to Death by Ignorance

Wednesday 12th October 2016


Here is a bunch of what crossed my digital desk over the last week. I trust you get something from it and hope you have a great week!

Irish Joke
Irish Joke

Nerve Disrupting Frequencies Radiating from "Smart" Meters
Smart Meter Test Demo

If you have a smart meter, check this out! If you don't have one, check it out too so you are informed for the future.

Pro-Vax Logic
Pro-Vax Logic

U.S. Caught Repainting Fighter Jets to RUSSIAN COLORS - False Flag Bombing Imminent!
Repaint US to Russian

This is a REALLY bad indicator.
As is the other article which states "Russian Ambassador to USA Confirms: All Normal Channels of Communication Between the US and Russia are Cut off."
MORE communication is the solution, NOT less!

Russian Ambassador to USA Confirms: All Normal Channels of Communication Between the US and Russia are Cut off
Explosion In Syria

All normal channels of collaboration between the United States and Russia have been cut off, including a wide range of critical issues, Russian Ambassador to the United States Sergey Kislyak said on Tuesday.

WIKILEAKS RELEASE : Hillary Calls For The End of The U.S. and One “Hemispheric” Government

Guy Zino is spot on when he says, "One sure way to totalitarianism. Only way to "keep in line" all the divergent cultures and populations over a wide area. This is why decentralized control affords people the most effective control of their lives and the most freedom. A one world government will have no incentive to keep freedom as a goal. Why? They would have no other governing body to compete with. At least in a very decentralized system, if a person hates where he is at, he can "vote" with his feet and move. If there is only one choice, you are automatically screwed."

It Is Better To Create Than To Criticise
It Is Better To Create Than To Criticise

After Silence, Music
After Silence, Music

Spend Your Life With Adventurers
Spend Your Life With Adventurers

Now THAT's what I aspire to!

Close To Freedom
Close To Freedom

The questions that should be asked of Australia’s banks by Parliament:

I receved an emai lfrom the CEC that went:

What is your over-the-counter (OTC) derivatives position, and what is the ratio of your derivatives exposure to equity, and to deposits?

[To CBA:] Why did you suddenly stop disclosing your true derivatives position in 2012, after a period of rapid growth when it went past $3 trillion? What is the full, face-value derivatives exposure of your bank as of right now?

In a Lehman Brothers-style chain reaction meltdown of your derivatives exposure, would you remain solvent?

If, as is claimed, your derivatives “hedging” is in “safe”, plain-vanilla derivatives, why has your derivatives speculation grown so rapidly since the 2008 global financial crisis, while banks around the world have been aggressively reducing their derivatives exposure?

Why did total Australian bank derivatives expand by a record $6.2 trillion in just the June quarter of this year, to an all-time high of $38 trillion—around 23 times Australian GDP (and many more times total bank assets and deposits)? What undisclosed event in the financial system sparked such a massive increase?

With house prices in Sydney and Melbourne more than nine times annual household income, compared with the historical ratio of around three times, if and when the market snaps under the increasing lack of affordability and prices collapse by 40-50 per cent, would your bank survive?

Why are you targeting unsuspecting retail investors—mum-and-dad retirees—to buy risky hybrid securities that other jurisdictions such as the UK forbid banks from selling to retail investors? Are you doing it because you need to raise capital in a hurry, and if so, why?

Were the bad products the sales staff in your wealth management division sold to customers, which have caused massive losses and ruined many investors, designed to shore up the underlying position of your bank at the expense of your customers? Did your bank have a separate commercial interest in any investments that were sold?

How much do you love the major political parties, Labor and the Liberals/Nationals, which since Hawke, Keating and Howard colluded to deregulate you, privatise the Commonwealth Bank so your private cartel wouldn’t have any competition, and thereby unleash you for your present profit-gouging spree? When you add up all of the donations you give to the major parties, compared with your profits, can you believe how cheap they have been to buy?

Impending crisis

Deutsche Bank is looming as the next Lehman Brothers, but is far more interconnected and therefore will have far greater consequences for the global financial system. When Australia’s banks begged the Rudd government in October 2008 for guarantees in order to survive, their combined derivatives exposure was around $14 trillion. Just eight years later, it is now $38 trillion!

In March 2014 the Citizens Electoral Council toured Parliament with the former Deputy Director of Japan’s Ministry of Finance, Daisuke Kotegawa, who successfully managed a derivatives crisis in the Japanese banking system in 1999, by over the course of a weekend closing out the Japanese banks’ derivatives so that the crisis did not spark a global meltdown. Kotegawa spoke to Australian MPs and the office of then-Treasurer Joe Hockey of the need for Australia and the world to adopt a Glass-Steagall separation of commercial banking from all other financial activities, including investment banking, insurance, stock broking and wealth management.

With another global crisis looming around Deutsche Bank, Kotegawa has reiterated what all governments should do to secure their banking systems, which the politicians who question Australia’s banks this week should heed:

  • Break up their banks along Glass-Steagall lines;
  • Send criminal bankers to jail—much more effective in stopping bad behaviour than fines;
  • Set and announce a target date to cancel all bank derivatives, so that banks can begin to “net out” their positions and the cancer of derivatives speculation can be excised in an orderly fashion.

Glass-Steagall is the number one financial issue in the world. People and increasingly more political leaders are recognising that it is the only way to protect the public from the next collapse of the global financial system, but the London and Wall Street bankers who don’t want to give up their scam of being able to gamble with depositors’ money are fighting to stop governments from enacting it. This is a fight we can and must win if Australia is to survive economically—join the Citizen's Electoral Commission!


Until next time,
dream big dreams,
plan out how to achieve them,
be continually executing your plans,
enlist people to your causes,
travel and/or read widely, preferably both,
all the while observing what you observe
rather than thinking what you are told to think,
think well of your fellow man,
take time to help your fellow man,
he sorely needs it and it will help you too,
eat food that is good for your body,
exercise your body,
take time to destress,
and do the important things
that make a difference -
they are rarely the urgent ones!



Most of the content herein has been copied from someone else. Especially the images. My goodness some people are talented at creating aesthetics! The small bits that are of my creation are Copyright 2014-2016 © by Tom Grimshaw - ALL RIGHTS RESERVED.

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