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August 13, 2007
“The Largest Injection Of Liquidity In The History Of Man In Only Two Days."
By Mary Ann Gould
What you are carrying in your wallet or portfolio,the value of your home and other assets took a major loss last week, possibly the greatest since the depression,yet it’s not in the news…not in major US news.“World Central Banks are admitting to a $300 billion liquidity injection, so it must be much higher.This type of injection over what has now been three days is so unprecedented that it is not because a few hedge funds ...
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“The Largest Injection Of Liquidity In The History Of Man In Only Two Days."
WAR OVER CONTROL OF USA AND BANKRUPTING OF YOUR OWN FINANCES
CHALLENGE & RESPONSE
Part I: The Challenge
Our Nation is in serious trouble, in many ways, from Iraq, loss of jobs, healthcare, ‘election extegrity’, lack of guts and leadership from people we elected…. and the bottom line … we are at WAR!
Yes, there is war in Iraq and Afghanistan and the “war on terrorism” but the REAL War is against US… the United States and US--We the People-- over who is going to control this Nation; whether we will be a country based on the key founding principle that people are capable of governing themselves …of Lincoln’s prayer, a government of, by and for the people…or will we be controlled by special moneyed/power interests. The democracy we thought existed is destroyed and in fact a new consortium formed of Canada, USA and Mexico. It’s in the works! Mexico for cheap labor, Canada for resources and USA will be a place for just super rich and poor…no middle class…no you or me…or our children! Two of the key weapons of mass destruction being employed are our “currency” and the undermining of our voting process.
What you are carrying in your wallet or portfolio, the value of your home and other assets took a major loss last week, possibly the greatest since the depression, yet it’s not in the news…not in major US news.
Central banks pumped into world markets 300 BILLION of Dollar liquidity. According to Jim Sinclair (http://www.jsmineset.com/) this represents “The Largest Injection Of Liquidity In The History Of Man In Only Two Days."
Jim calls it the “BIG KAHUNA!!!
“World Central Banks are admitting to a $300 billion liquidity injection, so it must be much higher. This type of injection over what has now been three days is so unprecedented that it is not because a few hedge funds have gone broke. This is a full-blown meltdown in OTC derivatives.
This is certain because of the worldwide liquidity injection by almost every major and some minor nations. That is also unprecedented.
This injection of liquidity will reverberate around the globe for years to come as inflationary and dollar damaging beyond your wildest imagination. This is so big that there has to be many financial institutions in big trouble.”
Reuters reported click here “Central banks around the globe pumped billions of dollars into banking systems on Friday in a concerted effort to beat back a widening credit crisis, and they pledged to do more if needed.
In all, central banks in Europe, Asia and North America have pumped out more than $300 billion over 48 hours in an effort to keep money flowing through the arteries of the global financial system, hoping to prevent a credit market seizure that could imperil economies.
In a rare statement of reassurance that underlined the seriousness with which it views the current bout of market stress, the U.S. Federal Reserve said it would provide cash as needed to ensure markets functioned smoothly. The statement was the first of its kind since September 11, 2001, when terror attacks brought the U.S. financial system to a virtual halt.
"Ben Bernanke must feel like the captain of the Titanic," said Sherry Cooper, chief economist at BMO Capital Markets in Toronto, referring to the Fed chairman. "He knows the ship has hit an iceberg but, through the dark and fog, can't see how bad the damage is."
The Fed conducted three separate operations on Friday, pumping a total of $38 billion into the banking system, the largest amount for any single day since September 19, 2001.”
Yup, this huge bail out calmed things…. for now…but please stop and think, just how long can this “game” go on?
As Reuters ended their report “While the central banks' concerted actions in injecting money appeared to be having some calming effect, no one thought the credit market crisis was near played out.
More subprime problems are likely to surface in coming weeks, said Moe Ibrahim, a fund manager with The Asia Debt Fund in Singapore, which manages about $365 million in assets.
"There's a variety of scenarios you can envision, all the way from it being a relatively contained phenomenon to something which has much broader implications that cause the world to collapse like a deck of cards," he said.”
Ever since Richard Nixon completely decoupled the dollar “bill” from gold, all we have is printed IOU paper. What’s worse is there is no control over the printing. It has gotten exceedingly obscene especially under the Bush Administration. The head of the Federal Reserve (which by the way is NOT federal but a private system whose stock is held by banks with primary power in NY) Bernanke actually said he had a “secret weapon”…a “printing press” and it appears to be running around the clock with likely cloned sisters and brothers.
We hear about debt increase but fail to connect personal meaning to each of us. This IMO is primarily due to the use of the printing press and “liquidity” to hide the real impact.
Just think how long we’d be in Iraq if all those billions were immediately taxed to the American people. If it came out of our pockets in each pay or dividend or social security check, just how long do you think we’d be there????
Instead we get smoke and mirrors and more “make believe” money and deeper in debt.
Guess what, the value of what you hold, goes down for there is more paper in circulation with no real backing other than an IOU. The administration working with the Plunge Protection team (originally set up as result of major 80’s stock plunge) now works daily to intervene in our Markets and “hold them up” (both ways) while real value of dollar declines.
This cannot go on indefinitely, the piper is calling and has to be paid.
Will you do as the “Masters” wish and remain quiet or will you act? The USA was formed on a basic ideal and principle
” We hold these truths to be self-evident, that all men are created equal,
that they are endowed by their Creator with certain unalienable Rights,
that among these are Life, Liberty and the pursuit of Happiness.
That to secure these rights, Governments are instituted among Men,
deriving their just powers from the consent of the governed”
“Deriving their just powers from the consent of the governed”… have you consented?
If you are sitting back and not speaking out, not taking action, believing you cannot make a difference you have consented and “they”: win. We are in a race against time, we still can take back OUR Country but it means each of us has a job to do. Each in whatever way one can. There is something for everyone or simply give up. Is that acceptable?
This is decision #1!
I say No! What say you?
Continued
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“The Largest Injection Of Liquidity In The History Of Man In Only Two Days."
WAR OVER CONTROL OF USA AND BANKRUPTING OF YOUR OWN FINANCES
CHALLENGE & RESPONSE
Continued Part II: Beginning The Response … Protect & Awaken
Please see part I for the background.
The preceding background information may seem scary yet full facts are far worse. We are in very serious situation and it has been "hidden" for the most part. We're seeing signs now with home sales and price decline. Just look at what you pay at the grocery store or other bills. Inflation is here yet numbers given by government "lie"...they changed the "basket" to derive. Bush Administration limited publishing M3 figures, which is the rate of increase in liquidity. They don't want the amount of added paper noted. The Plunge Protection Team” was supposed to be for emergency only, yet now they apparently meet daily: Federal Reserve (remember this is really NOT a government institution even though it has title “Federal” in front), Treasury and key Wall Street leader(s). If market shows drop, liquidity is often put in immediately. If you watch “futures” or indexes, you can often see sudden unexplained turn-arounds right before your eyes (for more on PPT http://www.marketoracle.co.uk/Article1771.html.)
Big insiders trade and We the People hold onto portfolios, which are going down in real value. The rest of world's Central Banks know the dollar is in big trouble but have to work to let it drop gradually.... but we have enemies China has already indicated they are decreasing dollar holdings.
We have the situation Jefferson warned about:
"If the American people ever allow private banks to control the issue of their money,
first by inflation and then by deflation, the banks and corporations that will
grow up around them (around the banks), will deprive the people of their property
until their children will wake up homeless on the continent their fathers conquered."
Some beginning steps: Protect & Work to take back Principles of Self Governing & Democracy
1-Protect Yourself & Family
(Not investment advice but strictly to think about…research and make your own decision) Protect your own assets. Consider putting some funds in real gold or silver coins for emergency and security. Silver is often suggested as a low cost way to protect assets: American Eagles or Canadian real coins. Consider some Canadian dollars or Swiss francs. Do your homework. Diversify! Also, consider maintaining a stock of critical emergency staples in your home.
2-Get involved in the Voting Integrity Movement NOW and get others involved
Take OUR Country Back!
The one thing TPTB (the powers that be) still fear is waking up the sleeping giant, the American People.
Why do you think there is such an effort to undermine our vote, destroy confidence in as well as reliability of our election system? Read the numerous reports proving just how insecure, unreliable and unobservable-unprovable OUR vote is to original source entry.
Yes, we are at war and the frontline is at the ballot box! Now let’s make sure we defend that ballot box with real ballots we fill out ourselves. Sure we can use Op Scan to help verify ballot completed properly and give unofficial/support count. We must also ensure equal rights to all citizens to be able to vote freely without intimidation or long lines and with accessibility but we must also simultaneously maintain chain of custody and observability of the processes supporting the casting of votes. as well as separate and independent checks and balances to prove vote counts match source real ballots.
Neither the Holt (H.R. 811) nor the Feinstein (S1487) bills are answers, they worsen the situation! We must ban DRE Machines by November 2008. It is do-able if you demand it and keep demanding till heard and heeded! There’s plenty of information to back up this position, read articles in OpEdNews and other good sources especially non-mainstream media.
Join and support a local Voting Integrity group, there are many fine hard working associations across the country that desperately need your help.
Listen to “Voice of the Voters”; archives at www.voiceofthevoters.org. Join our Coalition for Voting Integrity or start a chapter in your locale. Volunteer to help us or other like groups. Writers, web help, administrative aid, transcribers, speakers etc needed. Please, please contribute much-needed funds. Most Election Integrity groups work on contributions. We’re fighting well-heeled lobbyists and vendors. We need funding right now. Contribute to a group today!
Our Vote is our first right from which all others derive…if you care about Iraq, economy, jobs then you must first care to ensure the integrity of our vote and getting citizens informed and involved.
Lincoln said, "Elections belong to the people. It is their decision."
It's time to make it OUR decision.... or we will get far worse than the rest of Lincoln's quote: "If they decide to turn their back on the fire and burn their behinds, then they will just have to sit on their blisters."
3-Take One Action a Week - Every week: Call, write, fax your representative (Congress & Senate) as well as write to newspapers and friends… choose a subject a week but please always start with Ban DREs before 2008 elections!
A-VOTING & REPRESENTATION:
Get OUR Voting System Secured and Proven to Original Source Ballots we the people have completed by November 2008 … It can & must be done! Step 1 – Ban DRE’s
-BAN DREs (Direct Record Electronic Voting Machines) by Nov 2008! Give states funding to replace with hand marked paper ballots using op scan or hand count and increase hand count as added check for 2008. Return the vote to the people. Let us “see” the proof of results to all original source votes.
-Since the vote belongs to the people, make them part of the process at every level. Open the doors and windows so all can see what is happening. Only the ballot is secret, all else must be observable
-Clear decks of other voting bills especially H.R 811 & S 1487. Focus on stripped down bill that most helps 2008 election then move to other improvements in a series of bills to meet above objectives.
- Lobbyists and “others” say Congress won’t ban DRE’s. Well Congress works for you…or should. Also, don’t accept it can’t be done in time…it can!
-No law or government should force us to vote on unsecure, unreliable and unverifiable to original source vote so stop the use NOW! No excuses!!!!
-Disallow vendors from financing and sponsoring government associations and meetings.
FOCUS: Tell Congress: NO DREs – with or without printers! Tell same to State and local officials, Demand replacement for 2008 election and ensure extra security of process and count to prove reported results match original source voter completed paper ballots…the real votes.
B-FINANCIAL
-Demand we stop the “printing press” dollars; tell people the facts about liquidity and debt, and start-reducing debt now. Consider putting some type of backing to the dollar so it is more than “paper”.
-Investigate the Plunge Protection Team & the Federal Reserve and their ties to other institutions as well as development of financial policies
-Stop quasi government study plan of unity of USA/Mexico/Canada
-Help develop small businesses here at home. We need to grow good paying jobs and opportunities.
C- POLITICAL/GOVERNMENT
-Get Bush Administration under control or get them out of office …get rid of recent “directives” on PRESIDENTIAL “control”
-Start holding more town meetings; listen to citizens not lobbyists
-Find a way to get lobbying money/interests out of Congress and politics
-Get plan to get moneyed interests out of Iraq (audit them too) as well as our soldiers…work for International Administration
D-GOVERNMENT SERVING INTERESTS OF CITIZENS AS JOB #1
-Articulate key issues and how going to address
-Open Discussion among citizens and with “representatives” at all levels, especially town meetings plus telecast local, state, national discussion of vital issues. Hear the voices of the people!
-Create a Commitment to the American People and Building a Stronger America … A Vision, Strategy and Plan concerning fulfilling the true founding principles … rebuilding American vitality, jobs, health care affordance, opportunity and having government belong to and serve the people.
You can add to this list. The important thing is to take action even one small step can make the difference.
First take responsibility. Learn your facts. Recognize it is up to We the People to lead, to take back our rights. It can be done, we can learn to do it…we must do it! We definitely are in a race against time…what is your choice?
An executive I admired always spoke of the importance of commitment in achieving anything. I asked him his definition, his reply: ”If you say it, Do it””
Let’s not just talk or bemoan…let’s act… let’s do it…. let’s roll…Now! What are you going to do right now, tomorrow, this week?
Mary Ann Gould has a background in finance, quality, process improvement and strategic change. She was Corporate Manager of Financial Planning & Analysis for a Multinational Company as well as CEO of an Electronics Manufacturer. An associate of Dr. W. Edwards Deming, she assisted at some of his famous four-day management seminars. Her consulting work included many Fortune 100 companies as well as speaking/training at major Universities and Conferences. Her work is referenced in numerous books and articles. She is co-founder of the Coalition for Voting Integrity and host of the weekly “Voice of the Voters!” Radio & Internet program www.voiceofthevoters.org