FUCK
- Thread starter dorian gray
- Start date
- Apr 8, 2004
- 21,258
- 489
- 83
Reign in Acai
Of Elephant and Man
Fuck WallStreet & Capitol Hill.
NEW YORK (MarketWatch) -- The $700-billion bailout plan that passed the U.S. Senate Wednesday night has many, many bad ideas.
But one of the very worst is allowing foreign banks that operate in the U.S. to participate in the government's program to buy up toxic debt.
That provision, which was not in the original plan but was reportedly inserted in response to lobbying by bankers around the world, gives French, British, Japanese, Chinese, or Swiss banks with subsidiaries in the U.S. the same access to taxpayer dollars to buy their bad loans as, say, Citigroup Inc. or community banks in Topeka, Kansas, and Norman, Oklahoma.
Some of you who may not know this must be shaking your heads in disbelief. I hope others took their blood-pressure medication this morning.
But it's true.
"If a financial institution has business operations in the United States, hires people in the United States, if they are clogged with illiquid assets, they have the same impact on the American people as any other institution," Treasury Secretary Henry M. Paulson told George Stephanopoulos on ABC News's This Week on Sunday.
"This is about protecting the American people and protecting the taxpayers, and the American people don't care who owns the financial institution," he said.
I'm not so sure about that, Mr. Secretary.
In fact, allowing overseas-based banks to participate in the U.S. taxpayer-funded bailout was a real sticking point for opponents to the bill, which was defeated in the House of Representatives Monday and will probably go for another vote by week's end.
That stunning rebuke to the Bush Administration and the Congressional leadership, which capped a firestorm of populist rebellion against the rescue plan, was thoroughly bipartisan. And the foreign-bank provision united a lot of congressmen who don't agree on much else.
"The Secretary of the Treasury will be given unprecedented power to buy any financial instrument of any kind at any price, bailing out any financial institution anywhere in the world," Rep. John Culberson (R-Texas) told MSNBC. "He could bail out a foreign investment bank with my tax dollars."
His blue state colleague, Rep. Brad Sherman (D-California), couldn't agree more.
"Hundreds of billions of dollars are going to bail out foreign investors. They know it, they demanded it, and the bill has been carefully written to make sure that can happen," he said on Larry Kudlow's CNBC show Tuesday.
"Assets now held in China and London can be sold to U.S. entities on Monday and then sold to the Treasury on Tuesday," he continued. "Paulson has made it clear he will recommend a veto of any bill that contained a clear provision that said if Americans did not own the asset on September 20th that it can't be sold to the Treasury."
A Treasury Department spokesperson didn't return telephone calls seeking comment. But here's what the bill says:
"To the extent that such foreign financial authorities or banks hold troubled assets as
a result of extending financing to financial institutions that have failed or defaulted on such financing, such troubled assets qualify for purchase."
That part of the bill is obviously aimed at foreign banks like Deutsche Bank, Lloyds, Barclays, and HSBC, which gobbled up tons of mortgage-backed securities churned out by the likes of Bear Stearns, Lehman Bros., and Merrill Lynch. Some of those banks had their own wannabe securitization departments that tried to get in on the lucrative game.
Asian banks were much less involved in buying subprime mortgages and other exotic derivatives that are now under siege.
But European institutions have thus far written down an estimated $120 billion in toxic mortgage and other debt, and J.P. Morgan Chase
estimates these banks will take an additional $40 billion of write downs in the second half alone.
The biggest culprit: UBS, the Swiss banking giant that has accounted for $40 billion worth of those write downs and which could take $2.7 billion in additional charges this year, according to J.P. Morgan.
UBS, you might remember, was involved in practically every dubious business Wall Street engaged in during its lowest, most dishonest decade -- subprime mortgages, auction-rate securities, what have you.
But unlike its colleagues, the bank is reportedly cooperating with the Justice Department in a criminal investigation of its alleged efforts to help almost 20,000 wealthy U.S. clients evade billions of dollars in federal income taxes by using secret overseas bank accounts.
So, please help me out here: are we really planning to use taxpayer dollars to help bail out an institution that may have helped many Americans evade federal taxes?
Now, I actually support the bailout, which is a pretty lousy bill, but the only one we've got. When unemployment is rising and even blue-chip companies like AT&T are having trouble raising money, we're in a real crisis, and we have to pass what we can now and fix the unintended consequences later.
And some European governments are stepping up to the plate. Tiny Ireland plans to set aside $565 billion to guarantee all the loans and deposits of its largest banks. France is pushing the European Union to consider a similar measure, and there's some speculation the UK may follow.
Surely the Swiss have enough spare francs and gold bars sitting around their vaults in the Alps to do their share, too?
I hope the Treasury Secretary will twist some arms and get more of these countries to pay up. He has said he would. "We are talking very aggressively with other countries around the world and encouraging them to do similar things," he told ABC News.
But for now, at least, the U.S. taxpayer will pick up the tab -- just as we bore most of the burden of defending western Europe against the Soviet Union during the Cold War.
Remember Emma Lazarus's famous words, inscribed in the Statue of Liberty:
"Give me your tired, your poor, your huddled masses yearning to be free"?
Let's hope we won't have to add: "And your rich and well-connected, too."
Generations to come can thank the 172 Dems who pushed this through. How ironic was it to hear Barney Frank being commended for all his hard work in mustering up a solution to the crisis in which he had the heaviest hand in?
I bet Paulson's already scrambling to spend every cent of that $700 billion before his January termination. Keeping the fat cats fat is a 16 hour a day task.
How much will the next bill be when the dogs on WallStreet manufacture another scare?!?! There will be blood in the streets! There will be blood in the streets!
So who's up for Christmas shopping at Pancho's giveaway?!?
NEW YORK (MarketWatch) -- The $700-billion bailout plan that passed the U.S. Senate Wednesday night has many, many bad ideas.
But one of the very worst is allowing foreign banks that operate in the U.S. to participate in the government's program to buy up toxic debt.
That provision, which was not in the original plan but was reportedly inserted in response to lobbying by bankers around the world, gives French, British, Japanese, Chinese, or Swiss banks with subsidiaries in the U.S. the same access to taxpayer dollars to buy their bad loans as, say, Citigroup Inc. or community banks in Topeka, Kansas, and Norman, Oklahoma.
Some of you who may not know this must be shaking your heads in disbelief. I hope others took their blood-pressure medication this morning.
But it's true.
"If a financial institution has business operations in the United States, hires people in the United States, if they are clogged with illiquid assets, they have the same impact on the American people as any other institution," Treasury Secretary Henry M. Paulson told George Stephanopoulos on ABC News's This Week on Sunday.
"This is about protecting the American people and protecting the taxpayers, and the American people don't care who owns the financial institution," he said.
I'm not so sure about that, Mr. Secretary.
In fact, allowing overseas-based banks to participate in the U.S. taxpayer-funded bailout was a real sticking point for opponents to the bill, which was defeated in the House of Representatives Monday and will probably go for another vote by week's end.
That stunning rebuke to the Bush Administration and the Congressional leadership, which capped a firestorm of populist rebellion against the rescue plan, was thoroughly bipartisan. And the foreign-bank provision united a lot of congressmen who don't agree on much else.
"The Secretary of the Treasury will be given unprecedented power to buy any financial instrument of any kind at any price, bailing out any financial institution anywhere in the world," Rep. John Culberson (R-Texas) told MSNBC. "He could bail out a foreign investment bank with my tax dollars."
His blue state colleague, Rep. Brad Sherman (D-California), couldn't agree more.
"Hundreds of billions of dollars are going to bail out foreign investors. They know it, they demanded it, and the bill has been carefully written to make sure that can happen," he said on Larry Kudlow's CNBC show Tuesday.
"Assets now held in China and London can be sold to U.S. entities on Monday and then sold to the Treasury on Tuesday," he continued. "Paulson has made it clear he will recommend a veto of any bill that contained a clear provision that said if Americans did not own the asset on September 20th that it can't be sold to the Treasury."
A Treasury Department spokesperson didn't return telephone calls seeking comment. But here's what the bill says:
"To the extent that such foreign financial authorities or banks hold troubled assets as
a result of extending financing to financial institutions that have failed or defaulted on such financing, such troubled assets qualify for purchase."
That part of the bill is obviously aimed at foreign banks like Deutsche Bank, Lloyds, Barclays, and HSBC, which gobbled up tons of mortgage-backed securities churned out by the likes of Bear Stearns, Lehman Bros., and Merrill Lynch. Some of those banks had their own wannabe securitization departments that tried to get in on the lucrative game.
Asian banks were much less involved in buying subprime mortgages and other exotic derivatives that are now under siege.
But European institutions have thus far written down an estimated $120 billion in toxic mortgage and other debt, and J.P. Morgan Chase
estimates these banks will take an additional $40 billion of write downs in the second half alone.
The biggest culprit: UBS, the Swiss banking giant that has accounted for $40 billion worth of those write downs and which could take $2.7 billion in additional charges this year, according to J.P. Morgan.
UBS, you might remember, was involved in practically every dubious business Wall Street engaged in during its lowest, most dishonest decade -- subprime mortgages, auction-rate securities, what have you.
But unlike its colleagues, the bank is reportedly cooperating with the Justice Department in a criminal investigation of its alleged efforts to help almost 20,000 wealthy U.S. clients evade billions of dollars in federal income taxes by using secret overseas bank accounts.
So, please help me out here: are we really planning to use taxpayer dollars to help bail out an institution that may have helped many Americans evade federal taxes?
Now, I actually support the bailout, which is a pretty lousy bill, but the only one we've got. When unemployment is rising and even blue-chip companies like AT&T are having trouble raising money, we're in a real crisis, and we have to pass what we can now and fix the unintended consequences later.
And some European governments are stepping up to the plate. Tiny Ireland plans to set aside $565 billion to guarantee all the loans and deposits of its largest banks. France is pushing the European Union to consider a similar measure, and there's some speculation the UK may follow.
Surely the Swiss have enough spare francs and gold bars sitting around their vaults in the Alps to do their share, too?
I hope the Treasury Secretary will twist some arms and get more of these countries to pay up. He has said he would. "We are talking very aggressively with other countries around the world and encouraging them to do similar things," he told ABC News.
But for now, at least, the U.S. taxpayer will pick up the tab -- just as we bore most of the burden of defending western Europe against the Soviet Union during the Cold War.
Remember Emma Lazarus's famous words, inscribed in the Statue of Liberty:
"Give me your tired, your poor, your huddled masses yearning to be free"?
Let's hope we won't have to add: "And your rich and well-connected, too."
Generations to come can thank the 172 Dems who pushed this through. How ironic was it to hear Barney Frank being commended for all his hard work in mustering up a solution to the crisis in which he had the heaviest hand in?
I bet Paulson's already scrambling to spend every cent of that $700 billion before his January termination. Keeping the fat cats fat is a 16 hour a day task.
How much will the next bill be when the dogs on WallStreet manufacture another scare?!?! There will be blood in the streets! There will be blood in the streets!
So who's up for Christmas shopping at Pancho's giveaway?!?
These corporate CEOs fucked over the American people. That Leaman Bros CEO raked in 500 million while his ship was sinking. Cheney, Bush, Rumsfeld and Rice fucked over the American people with their McIraq failure while their defense contractor cronies raked in billions. They are all crooks! Why do people keep believing that America is NOT being operating by criminals? Fucking rebel you morons!!!
wildfyr
unus spiritus est
Yeah, it sucks alright, but you might want to calm down. Things are tough all over.
http://www.timesonline.co.uk/tol/news/world/europe/article4888286.ece
From The Times
October 6, 2008
Every country for itself as European unity collapses in an attack of jitters
Germany became the latest EU member to put its national interest first by announcing its own guarantee for bank deposits
Roger Boyes
Germany shattered any semblance of European unity on the global credit crisis last night by announcing that it was ready to guarantee 568 billion of personal savings in domestic accounts.
The move which came as Berlin announced a new rescue package for an ailing mortgage bank is sure to anger France, which, holding the European Union presidency, tried to create the illusion of a common front at a weekend summit in Paris. Instead, the message coming loud and clear from Berlin is that it is every man for himself. Or as President Nicolas Sarkozy would prefer not to say:sauve qui peut.
The massive liquidity crisis in the banking system has already nudged the Irish Republic and Greece into unilateral and probably illegal under EU law action to guarantee the deposits in national banks. Faced with a choice between the possible collapse of their banking systems and violating EU competition rules, the two countries opted for what they saw as the lesser evil. Now Germany, which at the weekend rejected French plans for an EU lifeboat fund, has taken the decisive protective step, and it is said to be plain that other European states will have to follow suit.
Early today the Danish Government guaranteed all bank deposits in Denmark as part of a deal with banks to set up a liquidation fund. There had been a ceiling on the guarantee.
Yesterday Peer Steinbrück, the German Finance Minister, said of his own countrys move: This is an important signal to calm the situation and head off disproportionate reactions, and which would make our crisis management or crisis prevention even more difficult.
Berlin insiders say that Angela Merkel, the German Chancellor, did not make a spur-of-the-moment decision but had been pondering the move since the Hypo Real Estate bank first ran into serious trouble. The Munich-based group is the second-largest commercial property lender in Germany and it seemed set to go down ten days ago, hit by the problems of its Irish subsidiary Depfa. Then the Government came up with 35 billion of liquidity to be provided by a consort-ium of banks and the Bundesbank, while banks and the Government would stump up 35 billion of credit guarantees. The alternative was to see the bank go down and suck the real economy into the maelstrom.
The new deal announced last night gives Hypo Real estate an additional 15 billion credit on top of the 35 billion. Of the extra credit 14 billion of that extra credit will be underwritten to 60 per cent by the commercial banks and 40 per cent by the Government. The hope is that this will be sufficient to head off a run on the bank.
But even before she went to the Paris summit to argue against a Euro-tarp a troubled asset relief programme or bailout plan, Mrs Merkel knew that matters were unravelling at home. The original rescue plan for Hypo Real Estate was clinched in a phone call eight days ago between her and Josef Ackermann, head of Deutsche Bank.
She persuaded him to tell Germanys bankers to up their contribution to the rescue from 7 billion to 8.5 billion. She was determined that the Government should not shoulder all of the burden. But then Mr Ackermann reported back the banks were willing to cough up only 3 billion for the rescue. Hypo Real Estate made matters worse by announcing that it had got its figures wrong it could need as much as 100 billion by the end of next year and 20 billion by the end of the coming week.
Since then more specifically since an allnight session of the Bundesbank on Thursday she has known that she has to come out on behalf of the savers, the taxpayers and even more important the voters. Germany faces a general election next year and they will tip out any Government that is seen to be throwing their money at sinking banks or bungling its handling of the economy.
We wont allow the crisis in a single institution to become a crisis for the whole system, the Chancellor said. The Germans will abolish the current limit guaranteeing 90 per cent of all bank deposits up to 20,000 per account essentially the same measure taken by the Irish that triggered dismay from its partners, especially the British. The 20,000 sum is the lowest possible guarantee under EU law; other countries have higher limits.
The scope of the guarantee is huge. It covers all savings deposits and private giro accounts, a total value of 568 billion, Torsten Albig, spokesman for the Finance Minister, said.
The primary task of the Government is to stop a financial meltdown that destroys all consumer confidence in the economy. People are asking: what is going to happen to my savings? says Rüdiger Ditz, economics commentator of Der Spiegel. Is an investment secure? And what is going to happen to us when there is no backbone to the system any more and the money just evaporates? It is difficult to deal with the crisis using conventional political instruments, he says.
It is about the loss of confidence of ordinary people, the fear of fear itself, he says, and nothing is more irritating than the massive capital flight of the Germans to supposedly safe havens such as Ireland.
The underpinnings of Chancellor Merkels decision emerged in an interview with the Interior Minister, Wolfgang Schäuble. History had taught Germany, he said, that a sustained economic crisis created political havoc.
We learnt from the worldwide economic crisis of the 1920s and 1930s that an economic crisis can result in an incredible threat for all of society, he said. The consequence of that depression was Adolf Hitler. Only one thing trumps German anger at the perceived abuse of taxpayers money: the fear that the 1930s will return.
http://www.timesonline.co.uk/tol/news/world/europe/article4888286.ece
From The Times
October 6, 2008
Every country for itself as European unity collapses in an attack of jitters
Germany became the latest EU member to put its national interest first by announcing its own guarantee for bank deposits
Roger Boyes
Germany shattered any semblance of European unity on the global credit crisis last night by announcing that it was ready to guarantee 568 billion of personal savings in domestic accounts.
The move which came as Berlin announced a new rescue package for an ailing mortgage bank is sure to anger France, which, holding the European Union presidency, tried to create the illusion of a common front at a weekend summit in Paris. Instead, the message coming loud and clear from Berlin is that it is every man for himself. Or as President Nicolas Sarkozy would prefer not to say:sauve qui peut.
The massive liquidity crisis in the banking system has already nudged the Irish Republic and Greece into unilateral and probably illegal under EU law action to guarantee the deposits in national banks. Faced with a choice between the possible collapse of their banking systems and violating EU competition rules, the two countries opted for what they saw as the lesser evil. Now Germany, which at the weekend rejected French plans for an EU lifeboat fund, has taken the decisive protective step, and it is said to be plain that other European states will have to follow suit.
Early today the Danish Government guaranteed all bank deposits in Denmark as part of a deal with banks to set up a liquidation fund. There had been a ceiling on the guarantee.
Yesterday Peer Steinbrück, the German Finance Minister, said of his own countrys move: This is an important signal to calm the situation and head off disproportionate reactions, and which would make our crisis management or crisis prevention even more difficult.
Berlin insiders say that Angela Merkel, the German Chancellor, did not make a spur-of-the-moment decision but had been pondering the move since the Hypo Real Estate bank first ran into serious trouble. The Munich-based group is the second-largest commercial property lender in Germany and it seemed set to go down ten days ago, hit by the problems of its Irish subsidiary Depfa. Then the Government came up with 35 billion of liquidity to be provided by a consort-ium of banks and the Bundesbank, while banks and the Government would stump up 35 billion of credit guarantees. The alternative was to see the bank go down and suck the real economy into the maelstrom.
The new deal announced last night gives Hypo Real estate an additional 15 billion credit on top of the 35 billion. Of the extra credit 14 billion of that extra credit will be underwritten to 60 per cent by the commercial banks and 40 per cent by the Government. The hope is that this will be sufficient to head off a run on the bank.
But even before she went to the Paris summit to argue against a Euro-tarp a troubled asset relief programme or bailout plan, Mrs Merkel knew that matters were unravelling at home. The original rescue plan for Hypo Real Estate was clinched in a phone call eight days ago between her and Josef Ackermann, head of Deutsche Bank.
She persuaded him to tell Germanys bankers to up their contribution to the rescue from 7 billion to 8.5 billion. She was determined that the Government should not shoulder all of the burden. But then Mr Ackermann reported back the banks were willing to cough up only 3 billion for the rescue. Hypo Real Estate made matters worse by announcing that it had got its figures wrong it could need as much as 100 billion by the end of next year and 20 billion by the end of the coming week.
Since then more specifically since an allnight session of the Bundesbank on Thursday she has known that she has to come out on behalf of the savers, the taxpayers and even more important the voters. Germany faces a general election next year and they will tip out any Government that is seen to be throwing their money at sinking banks or bungling its handling of the economy.
We wont allow the crisis in a single institution to become a crisis for the whole system, the Chancellor said. The Germans will abolish the current limit guaranteeing 90 per cent of all bank deposits up to 20,000 per account essentially the same measure taken by the Irish that triggered dismay from its partners, especially the British. The 20,000 sum is the lowest possible guarantee under EU law; other countries have higher limits.
The scope of the guarantee is huge. It covers all savings deposits and private giro accounts, a total value of 568 billion, Torsten Albig, spokesman for the Finance Minister, said.
The primary task of the Government is to stop a financial meltdown that destroys all consumer confidence in the economy. People are asking: what is going to happen to my savings? says Rüdiger Ditz, economics commentator of Der Spiegel. Is an investment secure? And what is going to happen to us when there is no backbone to the system any more and the money just evaporates? It is difficult to deal with the crisis using conventional political instruments, he says.
It is about the loss of confidence of ordinary people, the fear of fear itself, he says, and nothing is more irritating than the massive capital flight of the Germans to supposedly safe havens such as Ireland.
The underpinnings of Chancellor Merkels decision emerged in an interview with the Interior Minister, Wolfgang Schäuble. History had taught Germany, he said, that a sustained economic crisis created political havoc.
We learnt from the worldwide economic crisis of the 1920s and 1930s that an economic crisis can result in an incredible threat for all of society, he said. The consequence of that depression was Adolf Hitler. Only one thing trumps German anger at the perceived abuse of taxpayers money: the fear that the 1930s will return.
- Apr 8, 2004
- 21,258
- 489
- 83
lol...the wife said we should go back to the times when a mob would show up at your house with clubs and farming implements and kill you and your entire family.
We heard a fascinating "This American Life" on NPR last night about this debacle. Check it out online if possible.
We heard a fascinating "This American Life" on NPR last night about this debacle. Check it out online if possible.
- Apr 8, 2004
- 21,258
- 489
- 83
wildfyr
unus spiritus est
The problem is not the economy according to Rudra Chakrin and some anonymous person who posted this piece at Godlike Productions (Doom Central) yesterday.
http://www.godlikeproductions.com/forum1/message626750/pg1
Anonymous Coward
User ID: 518268 (OP)
10/5/2008 7:01 PM
Re: the problem is not the economy Quote
The Bubble-Pack
by Rudra Chakrin
Pay close attention to what I am now going to reveal to you about the behind-the-scenes planet on which you live, for you will not hear these things anywhere else. There is no book anywhere on the subject we are about to discuss, no article on the Web. Normally only gods and extraterrestrials are privy to this information. The Theosophists should know it, but they haven't got it in them. The Hindus should know it, but they cannot think past their noses. Some Buddhists could potentially know it, but they don't even try because they are caught up in a subtle ignorance. The Illuminati who are destroying humanity cannot know it because it does not flatter their spiritually perverse, soulless and evil nature of playing God with abuse of technology. The New Agers cannot know it because they are too caught up in shallow scientific mysticism. Only a few hundred people on the entire planet can know it, and for them this is written. The rest will either reject it outright or merely believe in it emotionally without understanding.
Surrounding and penetrating the Earth is a subtle or dream realm Earth, and beyond that but penetrating both the physical and subtle globes of Earth is a Causal Sphere of Earth, which is composed of Karma and karmic souls or reincarnating human egos. This Causal Sphere of Karma is called by different names. The New Seers of Mexico call it "The Eagle". They know that karmic souls are prisoners of "The Eagle", who eats them. "The Eagle" also spits them out now and then or reincarnates them for further karmic lessons and gradual development of things like the eventual ability to think, to act in an ethical manner with real conscience, to learn devotion and wisdom, and eventually to evolve into superhumans or adepts. Transcendence of the karmic causal sphere of Earth is a very rare liberation of a highly developed soul.
People who try to believe in reincarnation of souls of the Earth do not know how it really works over long cycles of time. To be able to take regular incarnations in the physical and subtle worlds of life and death is already a great advance beyond the majority of human souls, which are extremely primitive and generally kept in deep storage in a dreamless sleep for long ages. At certain pre-arranged times they are brought out of storage and reincarnated massively. This is what is happening now. Normally there are only a few millions of souls reincarnating on the Earth planet physically. So, a certain standard is maintained, but even then this is a "giant's scheme", which means the peoples and cultures remain patriarchal, warlike, bloody-minded and male-dominated. Spiritual sensitives are suppressed and higher development has to take place in secret, protected circumstances, such as remote mountain valleys or in underground city-schools. Life is tough and the premium is on slow but sure development of logic, cunning and cleverness. The so-called "New World Order" is thus the Old World Order fighting for its life to maintain its corrupt and cunning ways of clever evil and brutality. But all of this is getting a huge amplification through the sudden influx of empty, intellectually incapable and heavily selfish, crude, primitive souls. They are the vast majority of present subhuman humanity and its corrupt, evil leaders. This means that the corrupt, evil leaders will continue to increase and intensify world problems and the masses will stupidly allow it because they are incapable of knowing better. You have to very clearly register this Causal Situation if you want to understand what is going to happen.
I call this mass of primitive, empty causal bodies (souls), The Bubble-Pack. You see, they do not get to reincarnate very often because (a) they are incapable of voluntary, innovative learning and (b) they are only capable of involuntary indoctrination leading to shock-learning through being mislead by soulless, stupid and lying leaders such as we see in the headlines all the time. The Bubble-Pack are here to learn by catastrophic shocks or runaway global problems. The tiny minority of reasonably mature, thoughtful and ethical souls cannot stop this global shock-learning process because it is the next step in causal evolution of the majority of primitive, intellectually inert and unspiritual souls who need their "shock and awe" events. That America and Britain have become utterly evil and blackhearted in the form of their governments and supportive populations is the way the Cosmic Causal Engineers have arranged everything. And it is has all been done before to an Earth over-populated deliberately with weak, empty souls lacking intellectual and ethical development. It happened about 15,000 years ago with the Great Flood and the sinking of the continent of Atlan. It also happened to the same mass of primitive causal bodies when they were over-populated on Mars as the planet Mars was taken out of its Earthlike orbit, freezing its oceans and killing the masses with few survivors. That the New World Order is trying to make a survival colony on Mars for its chosen corrupt and evil Illuminati families and associates is the re-enactment of a deep old unconscious program in their causal unconscious karmic tendencies brought over from Mars. This is why the reincarnated, stupid ex-Neanderthal President of the United States wants to overtly heat up the Moon and Mars programs. The leading members of The Bubble-Pack want to make it good for themselves and kill off the rest of The Bubble-Pack behind them as they go. Then they think they will return and repopulate the Earth sometime with their crude, unevolved and fucked-up clever "elite". Actually, it isn't going to work out that way for them as they are going to be captured by the Cosmic Police at the right moment and put into painful confinement, where they will die horribly, shocked and dazed, for they are, after all, also Bubble-Pack and can learn no other way in their weak and empty causal bodies.
All the causal bodies of the causal sphere of Earth are numbered and tagged for further storage and sometimes disposal or mass causal shiploads to other primitive evolutionary spheres elsewhere in the Galaxy where further future "shock and awe" can be arranged for them in what you would call "primitive alien races" on "backward planets" if you could see what is going on. That is why in Hindu lore there is a group of entities called the ganas, the "numbers", which are actually, unknown to the Hindus of today, the mass of causal human souls. They are ruled in the Hindu myth by Ganapati, the elephant headed demiurge or "patriarch of the numbers" as the Lord of Karma. Ganapati is thus pretty much the same entity as The Eagle of the Mexican Seers. Another Hindu name for this entity is Brahmaa, the four-faced creator of the Earth. In Vedanta, it is the samashti chitta, collective inner mind of humanity, the Collective Unconscious of Carl Jung's psychological cosmology.
The average member of The Bubble-Pack is so empty, stupid and lacking in individuality, that it cannot keep itself in one piece mentally when incarnate in the physical body. So each one is assigned an artificial, subtle entity to keep it in one piece for undergoing foolish activities and suffering the results in future of such actions. These artificial, subtle entities are what the Mexican Seers call the "flyers" or "mud-shadows". In Rudolph Steiner, this entity is called the "Guardian of the Threshold". This entity in Steiner helps maintain automatic connections in the consciousness, the chitta, so that thoughts, emotions and actions will provoke repeating reactions. Without this entity feeding on the energy of the human being and maintaining automatic, conditioned thinking, emotions and actions, there would be no one left there to receive the coming shocks for awakening higher thinking and understanding in the causal body. The Bubble-Pack couldn't make it into the future without these "Mind Parasites", as Colin Wilson calls them. So it is that each and every stupid and unethical subhuman human has a "monkey on his back", or something more resembling what Gurdjieff called a "slug". Also, in Robert Heinlein's old sci-fi novel, The Puppet Masters, this same theme was intuitively developed where everybody on Earth got a "slug" entity attached on the upper back which would control the thinking, emotions and actions of the "taken over" so called "human individual". Another similar theme was developed in the movie, The Body-Snatchers. What the Neo-Nazi American government has installed as their Patriot Acts is a societal mechanism that wants to make sure that every last American citizen will be a thoughtless, numb piece of flag-waving fodder for the military occupation and privatization monopolies takeover of the entire planet where no real thinking or true ethical conscience can any longer function. Every man and woman is to have a "slug" on their back without exception. Kissinger and the Neocons, the Bilderbergers, fear Thought and Real Conscience making a comeback in the population. They also want to spread the black operation of CIA/Mossad pseudo-Al-Queda self-terrorism in order to stamp out true democracy and free thinking individuals in Europe, as with their 9/11 follow-up in Spain on 3/11. Of course, this temporarily failed as the Spanish people became slightly wise to what was going on, but even the new Spanish government will not admit that it was an act of joint complicity with the outgoing Spanish government. So Continental Europe's governments are also secretly in league with the Devil, as it were. All Europeans are supposed to receive their "slugs" if they do not already have them. The New World Order wants zero free thinkers and souls on the planet. Nothing but Bubble-Pack is supposed to be incarnate on the planet according to the ruling part of The Bubble-Pack.
All this is indeed the Cosmic Causal Plan for the Earth. Get used to it. You cannot stop it or "awaken humanity". Humanity is Bubble-Pack. It needs its coming horrible shocks, suffering and enslavement to the New World Order bastards. But there is a dispensation for the tiny minority of more or less thoughtful and ethical human beings. It is called by the Mexican Seers, The Eagle's GIFT. It is also called the Sufi Way of the Naqshbandiyya. It is also simply any genuinely personal and private Yoga without large emotional gatherings or cults that appeal to the Bubble-Pack. If you are yourself therefore an intelligent, cosmically receptive reader of this article, there is real hope for you if not for humanity. We can share real truth and insights with one another. So, put this article in the hands of an aware friend sometime. The networking of real cosmic truth is the only thing we can do for that tiny portion of humanity that is not brain-dead and spiritually numb.
http://www.godlikeproductions.com/forum1/message626750/pg1
Anonymous Coward
User ID: 518268 (OP)
10/5/2008 7:01 PM
Re: the problem is not the economy Quote
The Bubble-Pack
by Rudra Chakrin
Pay close attention to what I am now going to reveal to you about the behind-the-scenes planet on which you live, for you will not hear these things anywhere else. There is no book anywhere on the subject we are about to discuss, no article on the Web. Normally only gods and extraterrestrials are privy to this information. The Theosophists should know it, but they haven't got it in them. The Hindus should know it, but they cannot think past their noses. Some Buddhists could potentially know it, but they don't even try because they are caught up in a subtle ignorance. The Illuminati who are destroying humanity cannot know it because it does not flatter their spiritually perverse, soulless and evil nature of playing God with abuse of technology. The New Agers cannot know it because they are too caught up in shallow scientific mysticism. Only a few hundred people on the entire planet can know it, and for them this is written. The rest will either reject it outright or merely believe in it emotionally without understanding.
Surrounding and penetrating the Earth is a subtle or dream realm Earth, and beyond that but penetrating both the physical and subtle globes of Earth is a Causal Sphere of Earth, which is composed of Karma and karmic souls or reincarnating human egos. This Causal Sphere of Karma is called by different names. The New Seers of Mexico call it "The Eagle". They know that karmic souls are prisoners of "The Eagle", who eats them. "The Eagle" also spits them out now and then or reincarnates them for further karmic lessons and gradual development of things like the eventual ability to think, to act in an ethical manner with real conscience, to learn devotion and wisdom, and eventually to evolve into superhumans or adepts. Transcendence of the karmic causal sphere of Earth is a very rare liberation of a highly developed soul.
People who try to believe in reincarnation of souls of the Earth do not know how it really works over long cycles of time. To be able to take regular incarnations in the physical and subtle worlds of life and death is already a great advance beyond the majority of human souls, which are extremely primitive and generally kept in deep storage in a dreamless sleep for long ages. At certain pre-arranged times they are brought out of storage and reincarnated massively. This is what is happening now. Normally there are only a few millions of souls reincarnating on the Earth planet physically. So, a certain standard is maintained, but even then this is a "giant's scheme", which means the peoples and cultures remain patriarchal, warlike, bloody-minded and male-dominated. Spiritual sensitives are suppressed and higher development has to take place in secret, protected circumstances, such as remote mountain valleys or in underground city-schools. Life is tough and the premium is on slow but sure development of logic, cunning and cleverness. The so-called "New World Order" is thus the Old World Order fighting for its life to maintain its corrupt and cunning ways of clever evil and brutality. But all of this is getting a huge amplification through the sudden influx of empty, intellectually incapable and heavily selfish, crude, primitive souls. They are the vast majority of present subhuman humanity and its corrupt, evil leaders. This means that the corrupt, evil leaders will continue to increase and intensify world problems and the masses will stupidly allow it because they are incapable of knowing better. You have to very clearly register this Causal Situation if you want to understand what is going to happen.
I call this mass of primitive, empty causal bodies (souls), The Bubble-Pack. You see, they do not get to reincarnate very often because (a) they are incapable of voluntary, innovative learning and (b) they are only capable of involuntary indoctrination leading to shock-learning through being mislead by soulless, stupid and lying leaders such as we see in the headlines all the time. The Bubble-Pack are here to learn by catastrophic shocks or runaway global problems. The tiny minority of reasonably mature, thoughtful and ethical souls cannot stop this global shock-learning process because it is the next step in causal evolution of the majority of primitive, intellectually inert and unspiritual souls who need their "shock and awe" events. That America and Britain have become utterly evil and blackhearted in the form of their governments and supportive populations is the way the Cosmic Causal Engineers have arranged everything. And it is has all been done before to an Earth over-populated deliberately with weak, empty souls lacking intellectual and ethical development. It happened about 15,000 years ago with the Great Flood and the sinking of the continent of Atlan. It also happened to the same mass of primitive causal bodies when they were over-populated on Mars as the planet Mars was taken out of its Earthlike orbit, freezing its oceans and killing the masses with few survivors. That the New World Order is trying to make a survival colony on Mars for its chosen corrupt and evil Illuminati families and associates is the re-enactment of a deep old unconscious program in their causal unconscious karmic tendencies brought over from Mars. This is why the reincarnated, stupid ex-Neanderthal President of the United States wants to overtly heat up the Moon and Mars programs. The leading members of The Bubble-Pack want to make it good for themselves and kill off the rest of The Bubble-Pack behind them as they go. Then they think they will return and repopulate the Earth sometime with their crude, unevolved and fucked-up clever "elite". Actually, it isn't going to work out that way for them as they are going to be captured by the Cosmic Police at the right moment and put into painful confinement, where they will die horribly, shocked and dazed, for they are, after all, also Bubble-Pack and can learn no other way in their weak and empty causal bodies.
All the causal bodies of the causal sphere of Earth are numbered and tagged for further storage and sometimes disposal or mass causal shiploads to other primitive evolutionary spheres elsewhere in the Galaxy where further future "shock and awe" can be arranged for them in what you would call "primitive alien races" on "backward planets" if you could see what is going on. That is why in Hindu lore there is a group of entities called the ganas, the "numbers", which are actually, unknown to the Hindus of today, the mass of causal human souls. They are ruled in the Hindu myth by Ganapati, the elephant headed demiurge or "patriarch of the numbers" as the Lord of Karma. Ganapati is thus pretty much the same entity as The Eagle of the Mexican Seers. Another Hindu name for this entity is Brahmaa, the four-faced creator of the Earth. In Vedanta, it is the samashti chitta, collective inner mind of humanity, the Collective Unconscious of Carl Jung's psychological cosmology.
The average member of The Bubble-Pack is so empty, stupid and lacking in individuality, that it cannot keep itself in one piece mentally when incarnate in the physical body. So each one is assigned an artificial, subtle entity to keep it in one piece for undergoing foolish activities and suffering the results in future of such actions. These artificial, subtle entities are what the Mexican Seers call the "flyers" or "mud-shadows". In Rudolph Steiner, this entity is called the "Guardian of the Threshold". This entity in Steiner helps maintain automatic connections in the consciousness, the chitta, so that thoughts, emotions and actions will provoke repeating reactions. Without this entity feeding on the energy of the human being and maintaining automatic, conditioned thinking, emotions and actions, there would be no one left there to receive the coming shocks for awakening higher thinking and understanding in the causal body. The Bubble-Pack couldn't make it into the future without these "Mind Parasites", as Colin Wilson calls them. So it is that each and every stupid and unethical subhuman human has a "monkey on his back", or something more resembling what Gurdjieff called a "slug". Also, in Robert Heinlein's old sci-fi novel, The Puppet Masters, this same theme was intuitively developed where everybody on Earth got a "slug" entity attached on the upper back which would control the thinking, emotions and actions of the "taken over" so called "human individual". Another similar theme was developed in the movie, The Body-Snatchers. What the Neo-Nazi American government has installed as their Patriot Acts is a societal mechanism that wants to make sure that every last American citizen will be a thoughtless, numb piece of flag-waving fodder for the military occupation and privatization monopolies takeover of the entire planet where no real thinking or true ethical conscience can any longer function. Every man and woman is to have a "slug" on their back without exception. Kissinger and the Neocons, the Bilderbergers, fear Thought and Real Conscience making a comeback in the population. They also want to spread the black operation of CIA/Mossad pseudo-Al-Queda self-terrorism in order to stamp out true democracy and free thinking individuals in Europe, as with their 9/11 follow-up in Spain on 3/11. Of course, this temporarily failed as the Spanish people became slightly wise to what was going on, but even the new Spanish government will not admit that it was an act of joint complicity with the outgoing Spanish government. So Continental Europe's governments are also secretly in league with the Devil, as it were. All Europeans are supposed to receive their "slugs" if they do not already have them. The New World Order wants zero free thinkers and souls on the planet. Nothing but Bubble-Pack is supposed to be incarnate on the planet according to the ruling part of The Bubble-Pack.
All this is indeed the Cosmic Causal Plan for the Earth. Get used to it. You cannot stop it or "awaken humanity". Humanity is Bubble-Pack. It needs its coming horrible shocks, suffering and enslavement to the New World Order bastards. But there is a dispensation for the tiny minority of more or less thoughtful and ethical human beings. It is called by the Mexican Seers, The Eagle's GIFT. It is also called the Sufi Way of the Naqshbandiyya. It is also simply any genuinely personal and private Yoga without large emotional gatherings or cults that appeal to the Bubble-Pack. If you are yourself therefore an intelligent, cosmically receptive reader of this article, there is real hope for you if not for humanity. We can share real truth and insights with one another. So, put this article in the hands of an aware friend sometime. The networking of real cosmic truth is the only thing we can do for that tiny portion of humanity that is not brain-dead and spiritually numb.
- Apr 8, 2004
- 21,258
- 489
- 83
Reign in Acai
Of Elephant and Man
I immediately jumped to the first sentence of the second paragraph, sparing me the first all together.
Richard Fuld head of Lehman Brothers testifying before the House. What a fucking douche.
What a piece of shit.
LOS ANGELES (Reuters) - A 45-year-old Los Angeles man who was apparently distraught over money troubles shot and killed his wife, three sons and mother-in-law before taking his own life, police said on Monday.
The father of three, who was not immediately identified by authorities, was believed to have shot five members of his family and then himself sometime after 6 p.m. on Saturday, a Los Angeles police spokesman said.
It's "a very tragic scene, total devastation inside this home," Deputy Chief Michael Moore told reporters at a news conference. "Inside the home, officers discovered six bodies, all belonging to the family that lived at this location."
Moore added, "We believe this to be a murder-suicide."
The man, a former employee of major accounting firms who had an MBA in finance but was having trouble finding a job, left three letters in the home detailing his financial difficulties, police said.
"We believe that he has become despondent recently over financial dealings and the financial situation of his household and that this murder-suicide event is a direct result of that," Moore said.
Many people have lost their jobs in recent month in the United States which, like many other countries, is struggling with a growing financial crisis. A government report last week said U.S. employers cut 159,000 nonfarm jobs in September, a ninth straight month of falling employment.
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wildfyr
unus spiritus est
I hope you fellows read the Disclaimer statement at Godlike Productions.
That place requires a lot of healthy skepticism and at the same time it also requires a very wiiiide open mind. It's also a giant time-suck, like UM. There's a ton of BS there but there are also nuggets of precious knowledge floating among the refuse.
Two words in that dissertation above caught my attention: "giant's scheme". Those two words and I decided to read the rest of the piece.
And that's all I'm gonna say atm.
Oh wait, I have one more...
F U C K
That place requires a lot of healthy skepticism and at the same time it also requires a very wiiiide open mind. It's also a giant time-suck, like UM. There's a ton of BS there but there are also nuggets of precious knowledge floating among the refuse.
Two words in that dissertation above caught my attention: "giant's scheme". Those two words and I decided to read the rest of the piece.
And that's all I'm gonna say atm.
Oh wait, I have one more...
F U C K
Conspicuously Absent
Linguistically Confused
I still do the groceries like that here. But yeah, in Europe half the people you meet speak fluent english. Of the other half, half want to learn and the other half don't care.
And in pretty much every country they'll(most people) love you for making an effort to learn, whether its had much success for not.
Just learn which parts of town are the extreme-right areas. And how to identify members of these scenes.
wildfyr
unus spiritus est
EricT
Don't you ever get...
I will not allow ANY bailout on this thread to pass until there are numerous tax cuts for race tracks, wooden practice arrows, and rum included in this completely unrelated bill.
- Apr 8, 2004
- 21,258
- 489
- 83
Nah, I regularly post updates on my 401k losses.
Actually, in an effort to spark a bit of discussion: now is a good time to invest. Just don't put it in stocks. If I didn't need the cash right now, I'd seriously consider increasing my contribution. Everything is cheap as shit right now. Interest rates are low too. Now is a good time to refinance a house (or buy one in the first place if you were waiting for the best time a la Nad).
wildfyr
unus spiritus est
I have a small sum of mulah saved. It was in a 457 before (I work for a non-profit org), but for some reason we're now in a 401k.
It was my understanding that non-profits couldn't participate in the 401k, that 457 was the law for non-profits.
Somewhere along the line that changed up.
I bet some financial vultures somewhere had something to do with it.
It was my understanding that non-profits couldn't participate in the 401k, that 457 was the law for non-profits.
Somewhere along the line that changed up.
I bet some financial vultures somewhere had something to do with it.
