Further Posts from the Currency Warfront

The assault on the EU and the Euro is in full force now.  It was nearly a year ago that I predicted that some of the final fronts in the Great Economic War was the assault on pension funds and the profound effects the fallout from those raids would have on the general population.  Nearly every major G20 member nation is now in full on raids of their pension funds as we speak.  We can expect several million causalities, mostly the elderly and most vulnerable citizens, or as the PTBs say “culling of the herd has begun”.

Source: Zero Hedge
“If the recent Hungarian “appropriation” of pension funds, and today’s laughable Irish bailout courtesy of domestic pension funds sourcing 20% of the “new” money was not enough to convince the world just how bankrupt the entire European experiment has become, enter France. Financial News explains how France has “seized” €36 billion worth of pension assets: “Asset managers will have the chance to get billions of euros in mandates in the next few months for the €36bn Fonds de Réserve pour les Retraites (FRR), the French reserve pension fund, after the French parliament last week passed a law to use its assets to pay off the debts of France’s welfare system. The assets have been transferred into the state’s social debt sinking fund Cades. The FRR will continue to control the assets, but as a third-party manager on behalf of Cades.” FN condemns the action as follows: “The move reflects a willingness by governments to use long-term assets to fill short-term deficits, including Ireland’s announcement last week that it would use the country’s €24bn National Pensions  Reserve Fund “to support the exchequer’s funding programme” and Hungary’s bid to claw $15bn of private pension funds back to the state system.” In other words, with the ECB still unwilling to go into full fiat printing overdrive mode, insolvent governments, France most certainly included, are resorting to whatever piggybanks they can find. Hopefully this is not a harbinger of what Tim Geithner plans to do with the trillions in various 401(k) funds on this side of the Atlantic.More from FN on how first France, and soon every other socalized pension regime, will continue to plunder a nation’s life saving to fund short-term deficits.

And elsewhere, in the UK, things in the pension arena are also starting to heat up as the country is preparing to launch an “auto enrolment” feature for workers, whereby up to 11 million will be eligible for automatic enrolment.  Trades Union Congress general secretary Brendan Barber hailed it as an “historic advance”: a minimum pension to go with the UK’s minimum wage. Pensions Minister Steve Webb confirmed last month that all employers would have to enroll staff into a company scheme. As a result, up to 11 million people will be eligible for automatic enrolment in a workplace scheme, with up to eight million of them saving for the first time. However, there is little evidence that employers are ready for it.

And judging by the Hungarian, Irish and French case studies, all monies auto deposited will soon find a new mandate: one of bidding up sovereign European bonds (More from Financial News).  Staff can opt out to avoid mandatory contributions that will eventually account for half of the minimum of 8% of salary, with employers contributing 3% of salary, and 1% coming from tax relief.

It is impossible to predict how many people might opt out, but Colin Tipping, head of institutional wholesale at asset manager BlackRock, points to an 80% take-up at US companies that have introduced auto-enrolment compared with less than half of that before the mechanism was introduced. The latest annual review of New Zealand’s national KiwiSaver scheme has an opt-out rate of 18%.

The European experience is less encouraging. Italy tried to boost private pensions saving in 2007 with reforms to the Trattamento di Fine Rapporto, a fund traditionally paid to workers on leaving an employer.  However, its policy of “silent consent”, which had the money transferred into a pension unless workers objected, saw only about a quarter participate. Tito Boeri, director of the country’s social policy reform group Fondazione Rodolfo Debenedetti, said: “It was a great opportunity to develop private pension schemes here, but to a large extent it failed.”

Our only question: how soon before the US administration takes this hint of what every proper socialist country does with funds apportioned to it by a gullible public and ends up investing trillions in the worst possible asset classes (while in Europe this obviously means sovereign bonds, in the US by and far the proceeds will be used to make further purchases of such equities as Apple, Amazon and Netflix, in whose continued successful ponziness lies the fate of a vast majority of US-based hedge funds, whose LPs may at some point, in the distant future, actually pay domestic income tax.”

And in the US there are respected individuals who are now beginning to sound the alarm, but no one is listening.  The recent upward movement of the dollar is taunted by conventional wisdom as proof against such alarmists.  However consider this article.

By Paul Craig Roberts – BLN Contributing Writer

“On Thanksgiving eve the English language China Daily and People’s Daily Online reported that Russia and China have concluded an agreement to abandon the use of the US dollar in their bilateral trade and to use their own currencies in its place. The Russians and Chinese said that they had taken this step in order to insulate their economies from the risks that have undermined their confidence in the US dollar as world reserve currency.

This is big news, especially for the news dead Thanksgiving holiday period. But I did not see it reported on Bloomberg, CNN, New York Times or anywhere in the US print or TV media. The ostrich’s head remains in the sand.  Previously, China concluded the same agreement with Brazil.

As China has a large and growing supply of dollars from trade surpluses with which to conduct trade, China is signaling that she prefers Russian rubles and Brazilian reals to more US dollars.  The American financial press finds solace in the episodes when sovereign debt scares in the EU send the dollar up against the euro and UK pound. But these currency movements are just measures of financial players shorting troubled EU-denominated debt. They are not a measure of dollar strength.

The dollar’s role as world reserve currency is one of the main instruments of American financial hegemony. We haven’t been told how much damage Wall Street fraud has inflicted on EU financial institutions, but the EU countries no longer need the US dollar for trade between themselves as they share a common currency. Once the OPEC countries cease to hold the dollars that they are paid for oil, dollar hegemony will have faded away.

Another instrument of American financial hegemony is the IMF. Whenever a country cannot make good on its debts and pay back the American banks, in steps the IMF with an austerity package that squeezes the country’s population with higher taxes and cuts in education, medical and income support programs until the bankers get their money back.

This is now happening to Ireland and is likely to spread to Portugal, Spain, and perhaps even to France. After the American-caused financial crisis, the IMF’s role as a tool of US imperialism is less and less acceptable. The point could come when governments can no longer sell out their people for the sake of the American banks.

There are other signs that some countries are tiring of America’s irresponsible use of power. Turkey’s civilian governments have long been under the thumb of the American-influenced Turkish military. However, recently the civilian government moved against two top generals and an admiral suspected of involvement in planning a coup. The civilian government further asserted itself when the prime minister announced on Thanksgiving Day that Turkey is prepared to react to any Israeli offensive against Lebanon. Here is an American NATO ally freeing itself from American suzerainty exercised through the Turkish military. Who knows, Germany could be next.

Meanwhile in America, the sheeple remain content with, or blind to, their role as sheep to be slaughtered to feed the rich. The Obama Administration has managed to come up with a Deficit Commission whose members want to pay for the multi-trillion dollar wars that are enriching the military/security complex and the multi-trillion dollar bailouts of the financial system by reducing annual cost-of-living increases for Social Security, raising the retirement age to 69, ending the mortgage interest deduction, ending the tax deduction for employer-provided health insurance, imposing a 6.5% federal sales tax, while cutting the top tax rate for the rich. Even the Federal Reserve’s low interest rates are aimed at helping the banksters.

The low interest rates deprive retirees and those living on their savings of interest income. The low interest rates have also deprived corporate pensions of funding. To fill the gap, corporations are issuing billions of dollars in corporate bonds in order to fund their pensions. Corporate debt is increasing, but not plant and equipment that would produce earnings to service the debt. As the economy worsens, servicing the additional debt will be a problem.

In addition, America’s elderly are finding that fewer and fewer doctors will accept them as patients as a 23% cut looms in the already low Medicare payments to doctors. The American government only has resources for wars of aggression, police state intrusions, and bailouts of rich banksters. The American citizen has become a mere subject to be bled for the ruling oligarchies.

The police state attitude of the TSA toward airline travelers is a clear indication that Americans are no longer citizens with rights but subjects without rights. Perhaps the day will come when oppressed Americans will take to the streets like the French, the Greeks, the Irish, and the British.”

What is so interesting about the above OpEd is to know who Paul Craig Roberts is and what he is known for in the world.  Dr. Paul Craig Roberts is the father of Reaganomics and the former head of policy at the Department of Treasury. He is a columnist and was previously an editor for the Wall Street Journal. His latest book, “How the Economy Was Lost: The War of the Worlds,” details why America is disintegrating.

The next Wikileaks is supposedly centered on a large New York Bank.  When these documents are released, I am afraid the real backlash will start in earnest.  If Congress fails to extend unemployment benefits in the US and does so while extending the Bush tax cuts, I think we see in America what has already started in Europe.  What is so sad about this scenario is that “mob” reaction is predicted and contingencies are developed to “deal” with “those” kinds of situations.  What people should be realizing is that politicians and banksters can be prosecuted and replaced.  This should be the rebellious effort.  Make the administrative side of government work.  I can dream can’t I?

Further Updates from the Currency War Front

Well, folks, it’s official – mark November 22, 2010 in your calendars.  With yesterday’s $8.3 billion POMO monetization, the Fed’s official holdings of US Treasury securities now amount to $891.3 billion, which is higher than the second largest holder of US debt: China, which as of September 30 held $884 billion, and Japan, with $864 billion.  The Fed is now buying about $30 billion per week, or about $120 billion per month, for the foreseeable future and beyond, it would mean that China would need to buy a comparable amount to be in the standing. It won’t. In other words, the Ponzi operation is now complete, and the Fed’s monetization of US debt has made it not only the largest holder of such debt, but made external funding checks and balances in the guise of indirect auction bidding, irrelevant. China is now not the one having the most to lose on a DV01 basis on that day when the inevitable surge in interest rates finally happens. That honor is now strictly reserved for America’s taxpayers.

In addition, Tuesday China and Russia sent a loud message to the FED.

Source: Asia One – Su Qiang and Li Xiaokun

St. Petersburg, Russia – China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Premier Wen Jiabao and his Russian counterpart Vladimir Putin announced late on Tuesday.  Chinese experts said the move reflected closer relations between Beijing and Moscow and is not aimed at challenging the dollar, but to protect their domestic economies.

“About trade settlement, we have decided to use our own currencies,” Putin said at a joint news conference with Wen in St. Petersburg.

The two countries were accustomed to using other currencies, especially the dollar, for bilateral trade. Since the financial crisis, however, high-ranking officials on both sides began to explore other possibilities. The yuan has now started trading against the Russian rouble in the Chinese interbank market, while the renminbi will soon be allowed to trade against the rouble in Russia, Putin said.

“That has forged an important step in bilateral trade and it is a result of the consolidated financial systems of world countries,” he said.

Putin made his remarks after a meeting with Wen. They also officiated at a signing ceremony for 12 documents, including energy cooperation.  The documents covered cooperation on aviation, railroad construction, customs, protecting intellectual property, culture and a joint communique. Details of the documents have yet to be released.

Wen said Beijing is willing to boost cooperation with Moscow in Northeast Asia, Central Asia and the Asia-Pacific region, as well as in major international organizations and on mechanisms in pursuit of a “fair and reasonable new order” in international politics and the economy.

Sun Zhuangzhi, a senior researcher in Central Asian studies at the Chinese Academy of Social Sciences, said the new mode of trade settlement between China and Russia follows a global trend after the financial crisis exposed the faults of a dollar-dominated world financial system.

Pang Zhongying, who specializes in international politics at Renmin University of China, said the proposal is not challenging the dollar, but aimed at avoiding the risks the dollar represents.  Wen arrived in the northern Russian city on Monday evening for a regular meeting between Chinese and Russian heads of government.

In related news on the situation in the EU comes the grim but expected news that the Spanish 3-month bill auction failed.  The debt agency sold only €3.26bn of the €4-5bn that was offered, at average yield of 1.743% vs 0.951% prior. What people must understand is that is nearly double the interest rate.  This debt service is the back breaker to the economy.  Tensions are surely going to start boiling over on the Emerald Isle.  If Greece was a big bomb to the EU and ECB stability, and Ireland was Greece’s big brother, then the Spanish economy is their bigger brother Bubba.  These three countries WILL require further bailouts and quite frankly more than the ECB can handle.  The death of the EU is like watching a shot buffalo go down in a Sam Peckinpah movie.

Finally, back in the US, in addition to the impacts of QE2, the mortgage situation as related to the big banks is far from going away.  To put things in clear perspective, the banks bundled, and sold to investors, junk paper consisting of bundled questionable mortgages.  In most cases, those same banks kept the seconds on those mortgages.  However, now the investors do have recourse.  These bundled packages required the banks to “buy back” any equity that was in default or foreclosure.  The bottom line to this is that the top five banks, between the bad second mortgages and the default clauses on the crap they dumped on investors, are on the hook for nearly $400 Billion, which is more than the equity value of those top five banks.

In view of the fact the currency wars have unquestionably erupted, these elements represent the perfect storm.  As a side, the “fear” index on Wall Street today was the highest recorded since 1987.  These events are moving along the worst case scenario lines.  Watch very carefully.

The Next Big Haul

As I have written in previous articles, there is a significant amount of evidence that bankers have not altered their practices in any meaningful manner, except being less transparent than in 2007 and 2008, when they were more deceptive with a drape of transparency.  In that previous article I opined that the bankers would soon attack sovereign treasure next.  One only has to follow what one can related to sovereign debt and CDS activity to understand “the boys” are about to bring the hammer down on the EU.

Because of the recent actions of the banker controlled rating agencies, these beleaguered countries, Greece, Ireland, Portugal, and Spain have seen their bond rates escalate beyond any hope of recovery.  Combining the dual failures of this week of the G20 basically falling apart and the strained US-China  monetary relations, the situation in the EU has just gone to DEFCON3.  This week we saw basically the final battle plan being brought out in the light.  Consider these facts below in toto.  The targets are Greece, Portugal, and Spain.

In Greece

Six months after Athens received €110bn (£93bn) in emergency loans from EU nations and the International Monetary Fund to prop up its near-bankrupt economy, Eurostat revealed that Greece’s budget deficit reached 15.4% of GDP last year, substantially higher than its previous estimate of 13.6%. Greece’s poor bookkeeping was blamed for the budget black holes.

As a team of visiting inspectors from the IMF, the European commission and the European Central Bank arrived in Athens, there was widespread acceptance that the new figures would throw out the fiscal and structural reform program the socialist government has agreed to in return for the loans, the biggest bailout in history. “We will face a profound strategic issue of how to repay €70bn-€80bn when redemption of the rescue loans comes,” a senior government aide told the Guardian. “There will have to be some disguised rescheduling of the time frame in which we repay the money.”

Prime Minister George Papandreou’s administration had previously insisted it would slash the deficit to 8.1% of GDP by the end of the year before lowering it to the permissible EU level of 3% in 2013 when the rescue program expires.

In government for 13 months, the socialists have been heavily criticized by Greeks for their austerity policies. But in an interview at the weekend, Papandreou admitted for the first time that Athens may have to seek an extension of the repayment deadline. He also conceded that the revision could mean further cost-cutting.

The centre-left administration has already imposed tax hikes and wage and pension reductions that have triggered violent street protests. One well-placed insider said that, with an extra €7bn-€8bn needed by the end of the year, it was “very likely” the government would press ahead with plans to shut down parts of the bloated public sector.

Unionists backed by the Communist party have warned that further measures could prove the tipping point where popular opposition turns into explosive social unrest. Mass demonstrations and strikes are planned in the coming weeks.

Greece was compelled to accept the rescue package after it was effectively locked out of capital markets because of prohibitively high borrowing costs earlier in the year.

Since then, the country’s public finances have been closely monitored by visiting inspectors from the European Commission, ECB and IMF. So far Athens has received two installments of aid with a third expected later this month amounting to a total of €38bn. But the three organizations have made it clear that further handouts depend on the country staying the course and making fiscal progress.

In Spain and Ireland

Spain’s central bank governor, Miguel Angel Ordonez, lashed out at Dublin on Monday, calling on the Irish government to halt the panic and take the “proper decision” of activating the EU-IMF bail-out mechanism.  “The situation in the markets has been very negative due to the lack of a final decision by Ireland. It is up to Ireland to take that decision, and I hope it does,” he said.

The outburst reflected suspicion at the European Central Bank that Dublin is holding the eurozone to ransom, allowing the crisis to fester until it extracts a pledge from EU officials that it will not suffer a loss of economic sovereignty or be forced to give up its 12.5pc corporate tax rate under any deal.

Simon Derrick from the Bank of New York Mellon said the negotiations over Ireland’s bail-out have been astonishing. “The creditors say please take the money, and the debtor says ‘we don’t want it’. It’s very odd.”  “Still, the EU is doing the right thing to try to create a fire-wall as quickly as possible. They learned from Greece that once bond yields reach this level they have 10 trading days left to avoid a self-feeding crisis. They cannot allow this to spread to a large country because at that point contagion would become uncontainable,” he said.

In Portugal

Contagion has already pushed Portugal to the brink, pushing yields on 10-year bonds to the danger level above 6.5pc. Finance Minister Fernado Teixeira dos Santos said the country was at the mercy of global forces and may be forced to call for help.

“The risk is high because we are not only facing a national or country problem. It is the problems of Greece, Portugal, and Ireland. Markets look at these economies because we are all in this together in the eurozone. Suppose we were not in the eurozone, the risk of contagion could be lower,” he told the Financial Times.

Mr Teixeira made a thinly veiled attack on Germany’s Angela Merkel and France’s Nicolas Sarkozy, who precipitated the latest crisis by opening the door to sovereign defaults and bondholder “haircuts” for eurozone states in trouble. (here read Credit Derivatives and it makes a whole lot of sense huh?).  “We were like the soccer player running to the goal and ready to kick for the goal, and then someone fouls us, but this time there was no penalty.”

A simultaneous bail-out for both Ireland and Portugal might run to €200bn, depleting much of the EU rescue line. The European Financial Stability Facility (EFSF) can raise up to €440bn on the bond markets but only two thirds of this would be available. The IMF is expected to loan a further €3 for every €8 from the EU under the bail-out formula.

The great concern is that the crisis could spread to Spain, which has a far bigger economy that Greece, Portugal, and Ireland combined. Foreign banks have €850bn of exposure to Spanish debt.  David Schautz, credit strategist at Commerzbank, said the EU bail-out fund would come under “severe strain” if Spain needed a rescue. Yet this remains a serious risk since Spain must roll over or raise €175bn of debt next year.

Angela Merkel, the German Chancellor, raised the spectre of the euro collapsing as she warned: “If the euro fails, then Europe fails.” European finance ministers will meet in Brussels on Tuesday to begin discussions over a new European stability plan that is expected to result in billions of pounds being offered to Ireland, Portugal and possibly even Spain.

Greece’s prime minister lashed out Monday at Germany—its chief euro-zone benefactor—for tough talk on government-debt defaults, making clear the widening strains inside the 16-member euro-zone as the currency bloc wrestles with a teeming sovereign-debt crisis.

Greek Prime Minister George Papandreou said the spiral of higher interest rates could ‘force economies toward bankruptcy.’  Addressing reporters in Paris, George Papandreou said the Germans’ view—long-held, but recently reiterated—that private bondholders could suffer losses as part of a future bailout was intensifying government-debt woes.

The German position “created a spiral of higher interest rates for countries that seemed to be in a difficult position, such as Ireland or Portugal,” Mr. Papandreou said. He added that the spiral could “break backs” and “force economies toward bankruptcy.”

While the US has decided it will print its way out of the current crisis and the world be damned, and China refuses to get real about the proper market place for the Yuan, and none of those involved sovereign nations getting anywhere serious with the bankers pushing the buttons here, it is only a matter of weeks before it all unravels.

What is happening in the EU right now is a macroscopic view of the near future in the US.  First there is severe austerity and further erosion of the economy which shows up with her twin sister, hyperinflation and then the civil unrest.  There is little coverage in the US about this, but this is something everyone should watch very closely.

Just the FACTS

For some time now we all have be bombarded with stories, theories, and conspiracies about 2012.  I, myself, have spent countless hours researching and evaluating the body of material out there.  After the exhaustive research, I came to just two conclusions.

The first conclusion was that there was something to the cosmic event side of theories and two, there is evidence that governments and PTB folks know more than they are saying.  Ok, so what I did next was to see if there was ANYTHING credible out there that was officially released that might give some indications as to what is going on.

The most definitive work along this line was completed by Chad Adams.  In his treatise, The Coming, he has provided a very clear picture of the most probable event we will experience.  You can find the entire document here: http://www.scribd.com/doc/36987016/The-Coming-Celestial-Convergence.

The event that is coming is a natural occurrence and it concerns something affecting the sun, NOT slamming into the Earth. It is already affecting the sun as evidenced by the solar filaments. The sun is already reacting to ‘forces’ we can’t see.

Something is coming. Does NASA know about this ‘something’? Well, yes they do, but only to a certain extent. Everyone thinks that NASA has all the answers and that they know everything but for some reason or another has decided to keep quiet. I do not think that is the case. I believe there is a lot out there that NASA and the other space agencies like the ESA and JAXA are clueless about. After all, the universe is immense beyond belief, and possibly infinite. These space agencies keep quiet because they do not know everything, and therefore they refuse to disclose certain subjects, discoveries and events until they have a firmer grasp of the situations or discoveries.

There is a celestial system that has moved into our solar system. The full extent of this system cannot be determined because the majority of this string of events lies outside scientific knowledge and data gathering. It is affecting the planets and moons of the solar system, and has been for at least the last decade or more. It is a body of increased, dense energy kept together by magnetics…and much, much more. The most pressing concern is the affect it will have on our sun, and it has arrived at the worst possible moment, that is when our sun is heading towards a solar maximum cycle that is, in and of itself, already predicted to be the most active cycle that modern man has and will experience: Solar Cycle 24. To put it mildly, it has the capability of causing a sustained electro-magnetic pulse across the entire Earth, for months, years, decades, centuries… for millennia.

The first discovery of this anomaly was released by NASA in an article entitled Giant Ribbon Discovered at the Edge of the Solar System around October 15, 2009. The anomaly consisted of a ribbon of magnetics. Scientists said about this ribbon, “We had no idea this ribbon existed–or what has created it. Our previous ideas about the outer heliosphere are going to have to be revised.”

http://science.nasa.gov/headlines/y2009/15oct_ibex.htm Giant Ribbon Discovered at the Edge of the Solar System 10.15.2009

Then, a couple months on December 23, 2009, in the December 24th article of Nature magazine, NASA releases an article entitled Voyager Makes an Interstellar Discovery which claims in the very first sentence, “The solar system is passing through an interstellar cloud that physics says should not exist.” This new discovery, the information of which was just released in this December 2009 article, was not actually a new discovery.  Papers, going back 31 years, discussed this phenomenon.

So 31 years later, this is what is released.  Fluffy Mystery at Edge of Solar System Solved By SPACE.com Staff posted: 23 December 2009 03:54 pm ET

So what’s holding the Fluff in place?  “Using data from Voyager, we have discovered a strong magnetic field just outside the solar system,” explained Merav Opher, a NASA  Heliophysics Guest Investigator from George Mason University. “This magnetic field holds the interstellar cloud together [“The Fluff”] and solves the long-standing puzzle of how it can exist at all.”  The Fluff is much more strongly magnetized than anyone had previously suspected,” Opher said. “This magnetic field can provide the extra pressure required to resist destruction.” “Their strong magnetic fields could compress the heliosphere even more than it is compressed now,” according to NASA. “Additional compression could allow more cosmic rays to reach the inner solar system, possibly affecting terrestrial climate and the ability of astronauts to travel safely through space.”

So this cloud is held together by immense magnetics that can compress the heliosphere, something like a pressure cooker. This makes the interior of the heliosphere have more intense, denser energies, as well as increasing the amount of cosmic rays reaching the inner solar system.  Do you want proof of this process happening? There are two articles on this phenomenon. One article is the toned down press release article, delivered for public consumption entitled Cosmic Rays Hit Space Age High 09.28.09.

Ok, so there IS something.  Something we apparently do not know a lot about.  However, what is known is not very comforting.  To state a basic understanding, we are bombarded from space by all kinds of energy.  Comic rays, xrays, gamma rays, UV, and geo-magnetic forces.  The magnetosphere that surrounds our earth protects us for direct contact from a majority of these types of energies.  Otherwise, we would glow in the dark.  This magnetosphere is our force shield, if you will.

Apparently this magnetic anomaly is having a drastic effect on our magnetosphere and indeed, we are already being exposed to very high numbers of comic rays.  Furthermore, it appears that these pulses of energy are intensifying to the point that on at least two occasion in the past year, these pulse of energies have caused massive breaches in “Our Shield”.

http://sites.wff.nasa.gov/code820/

Mysterious Source of High-Energy Cosmic Radiation Discovered

WASHINGTON — Scientists announced Wednesday the discovery of a previously unidentified nearby source of high-energy cosmic rays. The finding was made with a NASA-funded balloon-borne instrument high over Antarctica. …The new results show an unexpected surplus of cosmic ray electrons at very high energy — 300-800 billion electron volts – that must come from a previously unidentified source or from the annihilation of very exotic theoretical particles used to explain dark matter. “This electron excess cannot be explained by the standard model of cosmic ray origin,” said John P. Wefel, ATIC project principal investigator and a professor at Louisiana State. “There must be another source relatively near us that is producing these additional particles.” According to the research, this source would need to be within about 3,000 light years of the sun. It could be an exotic object such as a pulsar, mini-quasar, supernova remnant or an intermediate mass black hole. “These results may be the first indication of a very interesting object near our solar system waiting to be studied by other instruments,” Wefel said.

Documentation of the breaches in our own magnetosphere began surfacing as early as 2008.  A Giant Breach in Earth’s Magnetic Field

http://science.nasa.gov/science-news/science-at- nasa/2008/16dec_giantbreach/

Dec. 16, 2008: NASA’s five THEMIS spacecraft have discovered a breach in Earth’s magnetic field ten times larger than anything previously thought to exist. Solar wind can flow in through the opening to “load up” the magnetosphere for powerful geomagnetic storms. But the breach itself is not the biggest surprise. Researchers are even more amazed at the strange and unexpected way it forms, overturning long-held ideas of space physics.

“At first I didn’t believe it,” says THEMIS project scientist David Sibeck of the Goddard Space Flight Center. “This finding fundamentally alters our understanding of the solar wind-magnetosphere interaction.”  “The opening was huge—four times wider than Earth itself, “says Wenhui Li, a space physicist at the University of New Hampshire who has been analyzing the data. Li’s colleague Jimmy Raeder, also of New Hampshire, says “127 particles per second were flowing into the magnetosphere—that’s a 1 followed by 27 zeros. This kind of influx is an order of magnitude greater than what we thought was possible.”  Like an octopus wrapping its tentacles around a big clam, solar magnetic fields draped themselves around the magnetosphere and cracked it open. The cracking was accomplished by means of a process called “magnetic reconnection.”

I won’t bore you with a whole lot of scientific stuff, but what we are seeing in the FACTUAL documentation that is available is that indeed something is happening that is causing a huge influx of energy and our shield is being breached in ways we have never seen or thought possible.  The questions remain as to the effects of these anomalies.  Well, here is what some experts are pondering.  I will leave you with 2 important articles that sum up the event we are converging with.

http://pespmc1.vub.ac.be/Punctueq.html

–“instead of a slow, continuous movement, evolution tends to be characterized by long periods of virtual standstill (“equilibrium”), “punctuated” by episodes of very fast development of new forms.

The “punctuated equilibrium” theory of Niles Eldredge and Stephen Jay Gould  was proposed as a criticism of the traditional Darwinian theory of evolution.  Eldredge and Gould observed that evolution tends to happen in fits and starts, sometimes moving very fast, sometimes moving very slowly or not at all. On the other hand, typical variations tend to be small. Therefore, Darwin saw evolution as a slow, continuous process, without sudden jumps.  However, if you study the fossils of organisms found in subsequent geological layers, you will see long intervals in which nothing changed (“equilibrium”), “punctuated” by short, revolutionary transitions, in which species became extinct and replaced by wholly new forms. Instead of a slow, continuous progression, the evolution of life on Earth seems more like the life of a soldier: long periods of boredom interrupted by rare moments of terror.  The systems approach can help us to understand more profoundly how a small variation can produce a major change. Indeed, organisms, like all systems, are organized in levels, corresponding to their subsystems. Each subsystem is described by its own set of genes. A mutation in one of the components at the lower levels will in general have little effect on the whole. On the other hand, a mutation at the highest level, where the overall arrangement of the organism is determined, may have a spectacular impact.  For example, a single mutation may turn a four-legged animal into a six-legged one. Such high-level mutations are unlikely to be selected, but potentially they can lead to revolutionary changes.  A fundamental example of such a major change is the meta system transition, where a system evolves in a relatively short time to a higher level of complexity.

http://www.tmgnow.com/repository/global/planetophysical.html

THE EARTH AND LIFE

By DR. ALEXEY N. DMITRIEV*

Published in Russian, IICA Transactions, Volume 4, 1997

*Professor of Geology and Mineralogy, and Chief Scientific Member,
United Institute of Geology, Geophysics, and Mineralogy,
Siberian Department of Russian Academy of Sciences.
Expert on Global Ecology, and Fast -Processing Earth Events.

Russian to English Translation and Editing:

by A. N. Dmitriev, Andrew Tetenov, and Earl L. Crockett

Conclusion:

The situation that has been created here in our Heliosphere is of external, Interstellar, cosmic space origin, and is herein assumed to be caused by the underlying fundamental auto-oscillation, space-physical, processes of continuous creation that has shaped, and continues to evolve our Universe. The present excited state of our Heliosphere exists within the whole, or entire, organism that makes up the Solar System; the Sun, Planets, Moons, Comets, and Asteroids, as well as the plasmas, and/or electromagnetic mediums, and structures, of Interplanetary Space. The response to these Interstellar energy and matter injections into our Heliosphere has been, and continues to be, a series of newly observed energetic processes and formations on all of the Planets; between the Planets and their Moons, and the Planets and the Sun.

Earth’s ability to adapt to these external actions and transference’s is aggravated, made more difficult, by the technogeneous alterations we have made to the natural quality, or state, of our geological-geophysical environment. Our Planet Earth is now in the process of a dramatic transformation; by altering the electromagnetic skeleton through a shift of the geomagnetic field poles, and through compositional changes in the ozone, and hydrogen, saturation levels of its gas-plasma envelopes. These changes in the Earth’s physical state are being accompanied by resultant climatic/atmospheric, and biospheric, adaptation processes. These processes are becoming more and more intense, and frequent, as evidenced by the real time increase in “non-periodic transient events”; ie., catastrophes. There are reasons favoring, or pointing to, the fact that a growth in the ethical or spiritual quality, of humanity would decrease the number and intensity of complex catastrophes. It has become vitally important that a world chart be prepared setting forth the favorable, and the catastrophic, regions on Earth taking into account the quality of the geologic-geophysical environment, the variety and intensity of cosmic influences, and the real level of spiritual-ethical development of the people occupying those areas. It is reasonable to point out that our Planet will soon be experiencing these new conditions of growing energy signifying the transition into a new state and quality of Space-Earth relationship. The living organisms of those regions of Earth having the major “inlets”, or attractions, for cosmic influences will be taking the lead in evolving life’s appropriate reactions, or processes, to these new conditions. These zones of vertical commutations and energy transfers are already becoming the heart, or hotbeds, in the search for new systems of adaptation and mutual transformation.

The most significant of these areas are the helio-sensitive zones which have intense responses to geo-effective solar activities; responses that include the very dramatic and unusual manifestation of non-homogeneous vacuum, or classical non-mechanical ether, domain structures. These structures, or objects, then interact with the heliosensitive zones producing deep and powerful effects upon the environment such as the alteration of seismic activities, and chemical compositions. Because these non-homogeneous vacuum domain objects display not-of-this-physical-world characteristics such as “liquid light” and “non-Newtonian movement” it is difficult not to describe their manifestations as being “interworld processes”. It is important to note that those heliosensitive zones that exhibit middle and large scale processes are also those that are closely associated with these “interworld processes” produced by physical vacuum homogeneity disturbances.

Such disturbances cause, and create, energy and matter transfer processes between the ether media and our three-dimensional world. The multitude of such phenomena, which is rich in it’s quality and variety, is already growing quickly. Hundreds of thousands of these natural self-luminous formations are exerting a increasing influence upon Earth’s geophysic fields and biosphere. We suggest that the presence of these formations is the mainstream precedent to the transformation of Earth; an Earth which becomes more and more subject to the transitional physical processes which exist within the borderland between the physical vacuum and our material world. All of this places humanity, and each one of us, squarely in front of a very difficult and topical problem; the creation of a revolutionary advancement in knowledge which will require a transformation of our thinking and being equal to this never-before-seen phenomena now presenting itself in our world. There is no other path to the future than a profound internal experiential perception and knowledge of the events now underway in the natural environment that surrounds us. It is only through this understanding that humanity will achieve balance with the renewing flow of the Plane to Physical States and Processes.

So there we have it.  The facts. There is something major going on.  It will likely dramatically transform our entire solar system and nearby space.  It is happening now.  No one really knows what happens next, but it is intensifying.  No wonder no one wants to talk about it.  But somehow deep in my soul I am OK with this and really curious to see what happens next, unless of course I develop a tail or a beek.  Then I might feel differently.

Be Prepared For a Crash Landing!

As some of you are aware there is something large looming in the predictive linguistics concerning the first few weeks in November.  For those of you who don’t understand what I am talking about, let me give you a brief explanation.  Predictive linguistics can predict near future events with some accuracy based on analyzing different language sets appearing on the internet and the variation in frequency of these appearing “in the cloud”.

The effects of the predicted events in November have impacts never seen before in the project.  To put it in prospective to September 11th, it is about 5-6 times larger in predicted global impact.  Well that is enough to sit up and take notice.

The mid-term elections in the US will conclude, more or less, today.  This is significant because of what the Fed has been planning to initiate later this week.  The Federal Reserve is likely to start a fresh round of unorthodox stimulus tomorrow by announcing a plan to purchase at least $500 billion of long-term securities, according to economists surveyed by Bloomberg News.

Policy makers meeting today and tomorrow will restart a program of securities purchases to spur growth, reduce unemployment and increase inflation, said 53 of 56 economists surveyed last week. Twenty-nine estimated the Fed will pledge to buy $500 billion or more, while another seven predicted $50 billion to $100 billion in monthly purchases without a specified total. The remainder said the Fed would buy up to $500 billion or didn’t quantify their forecast.

The varied responses reflect differences among Fed officials over the total amount of purchases needed to bolster the recovery. Policy makers, pursuing unprecedented stimulus, have cut the benchmark rate almost to zero and bought $1.7 trillion in securities without generating growth fast enough to bring down unemployment from near a 26-year high.

The Fed has put intense effort into judging what it should signal and how. The FOMC has at least three broad options. First, it could be neutral, pledging to adjust the size of QE2 depending on the data. Second, it could signal a clear bias towards continuing to buy assets unless the economic data have improved. Third, it could pledge to keep buying assets until it is on track to achieve its inflation objective.

However, opponents of the QE2 have very critical opinions that these actions will take the global economy over the cliff. This outflow from the dollar is not the kind of capital that takes the form of tangible investment in plant and equipment, buildings, research and development. It is not a creation of assets as much as the creation of debt, and its multiplication by mirroring, credit insurance, default swaps and an array of computerized forward trades. The global financial system has decoupled from trade and investment, taking on a life of its own.

In fact, financial conquest is seeking today what military conquest did in times past: control of land and basic infrastructure, industry and mining, banking systems and even government finances to extract the economic surplus as interest and tollbooth-type economic rent charges. U.S. officials euphemize this policy as “quantitative easing.” The Federal Reserve is flooding the banking system with so much liquidity that Treasury bills now yield less than 1%, and banks can draw freely on Fed credit. Japanese banks have seen yen borrowing rates fall to 0.25%.

This policy is based on the wrong-headed idea that if the Fed provides liquidity, banks will take the opportunity to lend out credit at a markup, “earning their way out of debt” – inflating the economy in the process. And when the Fed talks about “the economy,” it means asset markets – above all for real estate, as some 80% of bank loans in the United States are mortgage loans.

The currency impacts can be significant and immediate.  By forcing up targeted currencies against the dollar, this U.S. outflow into foreign exchange speculation and asset buy-outs is financial aggression. And to add insult to injury, Mr. Geithner is accusing China of “competitive non-appreciation.” This is a euphemistic term of invective for economies seeking to maintain currency stability. It makes about as much sense as to say “aggressive self-defense.” China’s interest, of course, is to avoid taking a loss on its dollar holdings and export contracts denominated in dollars (as valued in its own domestic renminbi).

Countries on the receiving end of this U.S. financial conquest (“restoring stability” is how U.S. officials characterize it) understandably are seeking to protect themselves. Ultimately, the only serious way to do this is to erect a wall of capital controls to block foreign speculators from deranging currency and financial markets. Changing the international financial system is by no means easy. How much of alternative do countries have, Martin Wolf recently asked. “To put it crudely,” he wrote:

“The US wants to inflate the rest of the world, while the latter is trying to deflate the US. The US must win, since it has infinite ammunition: there is no limit to the dollars the Federal Reserve can create. What needs to be discussed is the terms of the world’s surrender: the needed changes in nominal exchange rates and domestic policies around the world.”

An eerie calm has descended upon world financial markets as they await perhaps the two most important financial events of the year this week.  On Tuesday, investors will be eagerly awaiting the results of one of the most anticipated midterm elections in U.S. history.  On Wednesday, the Federal Reserve is expected to end months of speculation by formally announcing the details of a new round of quantitative easing.  If either the election or the meeting of the Federal Reserve open market committee delivers a highly unexpected result, it could have a dramatic impact on world financial markets.  In fact, many are looking at this week as a potential turning point for the U.S. economy.  The decisions that are made or not made this week could set us down a road from which the U.S. economy may never recover.

This is probably the most significant move of the current economic crisis and the results of the FED’s action will literally affect every family in the world and that is not an exaggeration.  To put this in real simple terms, the US has declared war on the world’s currency.  Now the question is how will the world react to this move.  What effect could the FED’s actions have on the fragile EU economy?  How will China, especially, respond.  China being the biggest holder of US securities, the FED printing $500 Billion in “new money” grossly devalues China’s investment.  Does China take that sitting down?  I don’t think so.

So, let’s go over the procedures for a crash landing.  In the event of…….