“We’re done folks. CNBC is reporting that there are now clients running out of the markets entirely because they do not believe their customer funds are safe. That’s the end of it. The belief that there are more MF Globals has now taken hold. The thieves have pushed it too far and now we’ve got the start of a global liquidity run, and with good reason”
— Karl Denninger at The Market Ticker
[Gerald Celente, noted financial analyst and publisher of The Trends Journal, said recently that he’d lost six figures in the collapse of MF Global, which owned his commodity futures brokerage file and filed for bankruptcy on October 31, 2011. MF Global was headed by corrupt ex-Goldmanite Jon Corzine, who has resigned from MF and is now being sued by investors.
“When I say take your money out of the banks and put it under the mattress, this is not advice,” Celente says. “Personally, I buy gold coins from reputable companies. I take my money out of investment funds and I buy gold and silver. You need the three g’s — gold, guns and a get-away plan.”
Celente has called for “direct democracy” recently, a demand that I think is in tune with what the financial elites want. That’s what made me think the MF collapse was being used as a false-flag of some kind.
It was, maybe, intended to provoke a run and Denninger is amplifying it.
I recall that Max Keiser (a former derivatives trader and leftist who has now set himself up as a critic of derivatives) tried to provoke a bank run on JP Morgan, by telling people to go buy silver in December 2010.
Keiser disengages himself from Al Gore these days, but he still believes in anthropogenic global warming and the need for something to be done about it.
He seems to want chaos and confrontation on the streets, according to those who follow him closely. He is in favor of a carbon exchange, which, as a trader, he probably knows would be very lucrative for insiders.
On the forums of PrisonPlanet, one observer notes that Keiser claimed that if silver went to $47, JP Morgan would collapse. Well, silver went to $49 this year, and JP Morgan is still around.
I have no idea what Celente’s role is in all that, but it’s all mighty suspicious to me.
He has, for instance, said that he is “all for this Occupy Wall Street”.
No ifs, no buts. No reservations. No questions.
It’s all good, for Mr. Celente. It’s all democracy, even thought it’s apparently paid for by billionaire George Soros, to whom the CIA has essentially outsourced its functions.
I didn’t comment on the story before, not knowing what happened exactly, but now I’m beginning to think it was intended to provoke a run and maximum panic. Apparently, it’s had that effect.
Celente and others are also promoting “direct democracy”, which, like “full transparency”, is something the elites want, whatever its inherent merits. Those merits aren’t the point. The elites will use whatever tool they can.
The point is direct democracy in which the social media is manipulated anonymously by intelligence agencies, corporations, governments, and media shills, is tyranny by another name.
Here is what I wrote about Celente last month.
Gerald Celente Stabs anti-NWO Folks Front, Back, and Center, October 14, 2011:
I do not say that direct referendums necessarily lack merit. They might work, were we living in small city states…. and were the internet discontinuous, fragmented, and highly private…. and were most people rational, well-educated, self-critical and self-reliant.
But we aren’t, it isn’t, and they aren’t.
So Direct Internet Democracy will not be anarchism, right or left, and it won’t be Christian liberty. Nor will it be federalism or decentralization.
It will be the direct control of the masses through electronic networks, propaganda, surveillance, and co-option of alternative mouthpieces of all stripes, across the board.
Direct Electronic Democracy = Tyranny
I call it Direct Electronic Action for Tyrants and Demagogues
Which equals DEATH. The death of true liberty.
I’m surprised at how little coverage this story have been given by the Globalist propaganda media. I herd Gerald Celente on the Alex Jones show the other day, and from what I understand, those who have stolen the money have absolutely no answer for why they did it. I also don’t believe there is an investigation going on at the moment to explain why this has happened.
How often does 750 million just disappear???
I don’t believe the story is as reported.
I knoew last year, or earlier, the elites were trying to precipitate a run on the banks, and it didn’t work.
I’ve nothing against people moving their money, but not a concerted panic.
Is the desire for the bank run for profit? (e.g. Short the stock. Or buy the bank at low prices when the stock tanks?)
Or is the reason to push for more political centralization amid panic? The way the banksters put their men in charge of Greece, Italy, etc. recently?
So it’s all the fault of the witness who tells the truth, rather than the person who organises the system?
Who is a witness?
Anonymous is a hactivist outfit. They don’t say who they are or what they’re agenda is.
They are trying to overthrow national governments, claiming to be on behalf of “the people”.
Never trust anyone anonymous who claims such things in broad terms without specifying who or what or how.
Anonymous attacked Amazon (a relatively decent company) but doesn’t attack Soros, much richer and politically powerful than Amazon?
OWS is funded by Soros, on multiple accounts.
So if you bring down some corporations, but not others, it could be a front for corporate competition, right?
One side of me is uncomfortable with a former trader now turned anarchist saboteur, running around a fireworks factory with lit matches.
The other side of me thinks that if a collapse of a totally corrupt is going to happen, we might as well help it along.
However, “off with the banksters’ heads” is too facile. Most of what they do, anyway, is legal (in the narrow sense), since they write the laws and regs. And we give our consent. It’s all about the assumptive sale: if the customer doesn’t object, proceed as if he wants the product.
No problem with a spontaneous collapse.
Have a big problem with people pretending to spark a collapse, while publicly inveighing against it, in order to make money, and possibly, enable further consolidation of power.
Besides which, all the fakes shouting loudly drown out people who might really have more useful things to say
If it’s all going to collapse – which we don’t know, that could be a manufactured thing too – why not let it? Why make all this drama and panic about it?
Sounds completely phony and hyped up and self serving to me. Like most things in the media.
Freedom of speech of this sort is completely overrated.
I’d sooner live in a place where I had freedom to live without surveillance and taxes, but couldn’t scream nasty things about the leaders…
.
“I’d sooner live in a place where I had freedom to live without surveillance and taxes, but couldn’t scream nasty things about the leaders…”
Really? That’s surprising — you are libertarian, no? In any case, such a place seems unlikely, since repression of speech, surveillance and taxes usually go together.
Not at all.
Not necessarily though.
You could have a strict code of public behavior which would curtail certain things, but also protect others.
The Indian press is very open, but it’s only since the late 1990s that they’ve been as vulgar in their personal attacks and as violative of privacy..
Same with the western press. The mainstream press was writing all kinds of salacious personal stuff, and violating privacy, cussing people all day long, and yet they missed all the important stories.
You won’t find a single personal attack (about Dick Cheney’s family and so on…) on my site, but I got to a lot of important stories and wrote a lot of non PC stuff no one else was willing to.
So the two don’t go together.
The only thing I ever linked that was really personal was a story about Barack Obama from Wayne Madsen, but that had a huge public interest component, but since it didn’t go further, and because I was kind of uncertain whether I should, I took it down voluntarily after a few months.
I still feel bad about it. I don’t like things where someone’s family life gets hurt. That’s not public material.
I don’t ever link publicly available material that I think doesn’t have a substantial link to the government’s wrong doing. Not my mandate.
Other people trash anyone on the opposite site just to score points. I’ve really gone out of my way to avoid that.
Yeah I get your point—not our job to be the personal morality police. Personal behavior between consenting adults only has significance to me when it offers a window into or somehow affects decision making. However, certain types of sexcapades make for good blackmail material…
Also: “Direct democracy”? With
“Vote Adjustment Technology”
? Good luck.
I recall the “Votescam” guys were hollering about this 15 years ago. I wrote about it n my college paper back then, quoting news reports, including “60 Minutes,” from as long ago as ’88. Obviously they like things this way, since nothing has been done about this anywhere.
“DEATH” — good one. All things considered, I am also terrified by the thought of 51 percent instantly getting whatever they want, or think they want. Or, whatever the Vote Adjustment Technology says they want.