Another gift to this Philadelphian church age is the key of David. David was a man after God’s own heart. This is the key to the bride. Her heart pants after her lover. (Song of Solomon chpt. 3) This world currently is offering a kaleidoscope of seduction wooing men to the beds of adultery in a pantheistic idolatry of the imagination. There is no fraud here for a whore does not behave like an adoring faithful wife and no amount of twisting the meaning of words will cover the heart. Men though they claim otherwise will always have a heart that longs for love and is bruised by betrayal. You and I in the midst of Dorean are making the choice what bed we will lay in. Whether over money, loyalty, culture, morale, law, family we make the choice of the placement of our love and affections. I cannot make the compromising choices I’m accused of without moving further into the seductions of this world. That is why you can know my critics are ignorant liars who have made a different bed than my own. If I was a self centered cheat out for money why did I not behave like Madoff? Why do I continue to challenge your hearts as well as my own? I was not ignorant to the risk of trial. Remember I made it clear to you I had been through the system before in California. Only a retard would not take the 7 year deal unless more was at stake and the choices were more than personal. It is more than personal as to stakes but the choice was personal. I had to choose faithfulness or adultery. I had to choose duty and honor over comfort and accommodation. I had to choose between love and hate. I had to choose sides.
The revolution of truth is upon us and our choice is to be made. Will you recognize the choices you are making identify your loyalties. The world has been brought to the confrontation of truth and the consequences are severe, love, grace and marriage or adultery, betrayal and wrath. Put it off ‘til tomorrow; not possible tomorrow is already here. Whatever bed you make you will lie in and only one is a blissful marriage bed.
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Well said "good and faithful servant", the beast is about to be exposed. Remember that hyperinflation is a currency event and not an economic event. The barn will be burned to save all insider institutions. The Barn is the US dollar.There will come a time when the disposed seek those who have caused their pain and suffering. people are now losing their jobs and it is heartbreaking to know they are suffering. They worked hard for companies that have been broken by the OTC derivative market. It is so wrong.
The New York Fed is the most powerful financial institution you’ve never heard of. Look who’s running it.
By Eliot Spitzer
Posted Wednesday, May 6, 2009, at 12:29 PM ET
The kerfuffle about current New York Federal Reserve Bank Chairman Stephen Friedman’s purchase of some Goldman stock while the Fed was involved in reviewing major decisions about Goldman’s future-well-covered by the Wall Street Journal here and here-raises a fundamental question about Wall Street’s corruption. Just as the millions in AIG bonuses obscured the much more significant issue of the $70 billion-plus in conduit payments authorized by the N.Y. Fed to AIG’s counterparties, the small issue of Friedman’s stock purchase raises very serious issues about the competence and composition of the Federal Reserve of New York, which is the most powerful financial institution most Americans know nothing about.
The spin and lies continue.
Posted May 08, 2009 04:05pm EDT by Aaron Task
Bank stocks soared Friday, including Wells Fargo and Morgan Stanley, which sold shares a discounts of more than 10% below Thursday's close.
The ability of banks to raise capital is certainly positive but the idea of shares rallying amid the capital raising and dilution is "counterintuitive," Bank of America CEO Ken Lewis said on CNBC this morning.BofA shares were also rallying even as the government said it needs to raise an industry-leading $33.9 billion. Citigroup stock was also a big winner after the government's curious declaration that it "only" needs to raise $5 billion. While much of the focus is on the stress tests and banks' efforts to raise cash, the real story is Geithner's Public-Private Investment Program (PPIP), says William Black, an Associate Professor of Economics and Law at the University of Missouri - Kansas City.The PPIP is the "greatest boondoggle in the history of the world," says Black, a former bank regulator who was counsel to the Federal Home Loan Bank Board during the S&L crisis. As occurred during the S&L era, Black says the PPIP will allow banks to exchange "trash for cash" and turn "real losses into faulty gains
By ANNE FLAHERTY, Associated Press Writer Anne Flaherty, Associated Press Writer – Sat May 9, 7:29 am ET
WASHINGTON – The Federal Reserve could become the supercop for "too big to fail" companies capable of causing another financial meltdown under a proposal being seriously considered by the White House.
The Obama administration told industry officials on Friday that it was leaning toward making such a recommendation, according to officials who attended a private one-hour meeting between President Barack Obama's economic advisers and representatives from about a dozen banks, hedge funds and other financial groups.Treasury Secretary Timothy Geithner and other officials made it clear they were not inclined to divide the job among various regulators as has been suggested by industry and some federal regulators. Geithner told the group that one organization needs to be held responsible for monitoring systemwide risk."Committees don't make decisions," said Geithner, according to one participant.
The battle is on. The USDollar is delivering a strong vote against the faulty green shoots claims by the desperately motivated. The USDollar is voting NO confidence to the sham bank sector claims of viability. In a bizarre exercise intended to defend legitimacy, the bankers are engaged in a complex game of propaganda. They pressured the USCongress to relieve Wall Street from the chains of FASB Rule #157, and the senators & representatives obeyed their paying masters. The result has been a baseless stock rally led by insolvent banks that have lied desperately about their capital and earnings.The bank sector Stress Tests clearly are a sham designed to restore confidence after accounting rules were eliminated. USFed Chairman Bernanke continues to make inept comments about the problems centering upon bank liquidity, when solvency remains their plague issue, and will continue to be the main flaw. He claims the Stress Tests were extraordinarily detailed, yet they relied on ridiculously soft economic stress factors from months ago.The announced audited Citigroup profit of $1.6 billion in the first quarter was actually a deep $2.5 billion loss, provided the $4.1 billion in gimmickry was removed. The gimmicks pertained to toxic assets valued at fictitious model, shell games on loss reserves management, and illicit debt markdowns on the balance sheet. The end result is the global financial markets are losing faith in the US$-based system, since the US is regressing in backward steps rather than working towards a remedy.The cancer of Lower Manhattan most assuredly will force its metastasis across the nation and into its banks.
Money is made today by destruction, not by building, but fraudulent paper made good rather than morality in commerce. How about GM shutting down more plants?
How about Dupont further cutting staff? How about Microsoft further cutting staff? What if the Chrysler surgical bankruptcy becomes a regular bankruptcy? Damn those bondholders of Chrysler who are pursuing their contractual rights. Who do they think they are? Let’s not forget those that have lost everything and have now fallen out of the social net of unemployment insurance. Think of their anger and disgust as media pumps out the good news of a supposed slowing of the problem when they cannot find jobs no matter how much they try.This suffering means nothing to the TV clowns and money bunnies at
Bloomberg and CNBC that welcome us to the new bulls**t bull market.The news that U.S. unemployment has hit 13.7 million, pushing the rate to 8.9 percent, tells only half the story of this recession.The total number of Americans who are not working full-time but ought to be is actually about 22 million, or 15.8 percent, according to the Bureau of Labor Statistics.Who are those other 8.3 million Americans? Call them the unofficially unemployed.
As the Bureau releases the monthly unemployment figure, it does not include many out-of-work Americans.The bureau, which is under the Labor Department, cannot use unemployment compensation records to count the out-of-work, because they are not reliable or up-to-date enough. The bureau also cannot count every out-of-work person.
“In the case of the monthly jobs report, the Labor Department contacts 60,000 households to determine the unemployment picture for the entire workforce, which consists of about 154 million Americans.”
Let’s hear a round of applause for the Greenwich, CT OTC derivative manufacturers and distributors who hold total karmic responsibility. This is a debt that will not be bailed out. They have changed a normal modest two to four year recession into a financial disaster that will probably be the biggest of all in written and oral history. When they did it they had to know this would happen.
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