Kevin Hayden – TruthisTreason.net

Source: Land Destroyer Report by Tony Cartalucci – Truth Contributor

Wall Street-owned media group “Clarín” spearheading anti-government drive in South America’s Argentina. 

The US-engineered “Arab Spring” brought us the “April 6 Youth Movement” in Egypt, run by Wall Street-backed Mohammed El Baradei in coordination with the Muslim Brotherhood, the “February 17 Revolution,” consisting of Al Qaeda terrorists of the Libyan Islamic Fighting Group in Libya, and now Argentina has the “8N,” or “November 8″ movement working in coordination with foreign-owned Argentinian media group, “Clarín.”

Clarin has been enthusiastically supporting the protesters and laying the rhetorical groundwork justifying their street presence.

Kevin Hayden – TruthisTreason.net

Source: Wall Street Journal via Cryptogon

Facebook Inc. took eight years to stage one of the most anticipated initial public offerings ever. The anticlimax came Friday, as Wall Street bankers struggled to prevent the newly minted stock from ending its first day with a loss.

Hayden’s Note:

Who would have thought when I started this blog that an article would land in both the Social Networking AND Federal Reserve & Bankers categories?

The stock had been widely predicted to soar on its first day. Instead, up until the closing moments of the trading session, Facebook’s underwriters battled to keep the stock from slipping below its offering price of $38 a share. Such a stumble would have been a significant embarrassment, particularly for a prominent new issue like Facebook, the most heavily traded IPO of all time.

In the end, the bankers succeeded. When trading on Nasdaq ended at 4 p.m., the social network’s stock was up just a hair, 0.6%, at $38.23.

…

Facebook was also hurt by investors’ high expectations of a healthy first-day pop in the price, according to people familiar with the matter....

Kevin Hayden – TruthisTreason.net

Source: Activist Post - Hayden’s Note at end

While on vacation in Hawaii (again?), Obama tapped Jerome Powell to serve on the Federal Reserve Board of Governors.

Powel served as the undersecretary for finance under President George H. W. Bush and was a partner of The Carlyle Group.  The Carlyle Group is a massive private equity firm and one of the largest defense contractors in the world.

They’re made up of some of the most influential policymakers over the last five administrations including both Bush presidents, former Secretary of State James Baker III, former Secretary of Defense Frank Carlucci, former Clinton Chief of Staff Mack McLarty, and former SEC Chairman Arthur Levitt to name a few.

Hayden’s Note:

Frank Carlucci, former Sec. of Defense, was also on the Board of Directors for Westinghouse and CBS, where he controlled a massive source of media, nuclear power plants, electric companies, and can sway public opinion.  Now he’s a top dog at the Federal Reserve.  Wonderful.  Here’s a brief rundown of CBS, from my article, Breakdown of Where Your News Comes From:

WESTINGHOUSE / CBS INC....

Kevin Hayden – TruthisTreason.net

Source: Zero Hedge

Credit Suisse bankers, like everyone else, know damn well that “no ECB intervention” means “no bonus,” and very likely “no job,” and so they go for broke and join Deutsche Bank, JPM, RBS, and everyone else (but, again, not Goldman), in predicting the end of Europe unless Draghi does his rightful duty and remembers that without banker support he will also be lining up at the jobless claims office very soon.

“We seem to have entered the last days of the euro as we currently know it. That doesn’t make a break-up very likely, but it does mean some extraordinary things will almost certainly need to happen – probably by mid-January – to prevent the progressive closure of all the euro zone sovereign bond markets, potentially accompanied by escalating runs on even the strongest banks.

Of course, being a Goldman boy, Draghi will only do what Lloyd tells him to. Either way, here is Credit Suisse’s rejoinder to the global Mutual Assured Destruction tragicomedy, which now makes Honk (as Lagarde calls him) Paulson’s overtures to Congress seem like amateur hour....

Kevin Hayden – TruthisTreason.net

Source: Sovereign Man by Simon Black – Truth Contributor

Your Monies and Positions Are Not Safe

Denver based Barnhardt Capital Management is a futures brokerage firm that focuses on agriculture, round-the-clock broker access, and inexpensive commissions. At least, it used to be.

Barnhardt shuttered its operations yesterday after six-years in the business. The firm’s founder Ann Barnhardt posted the reasons online for the entire world to see:

“I could no longer tell my clients that their monies and positions were safe in the futures and options markets, because they are not. And this goes not just for my clients, but for every futures and options account in the United States. The entire system has been utterly destroyed by the MF Global collapse.”

Hayden’s Note:

This is an excellent article and I recommend that you read it in its entirety.  If you are unsure of what exactly it’s talking about, here are a few beginner articles that may help you understand derivatives and how dangerous they are to our financial existence.  Secondly, I would recommend that you read up on “fractional reserve banking.”
These are easy to understand once they are translated into layman’s terms, so don’t worry.  Once you grasp the concept, this article, and many more economic and financial pieces will begin to terrify you.  My aim is nor to fear-monger, but the magnitude of this is almost unfathomable and the last line of this article, that last quote, is absolutely true – and that goes for not only financial markets, but society....

Kevin Hayden – TruthisTreason.net

Source: MSNBC

The big banks are keeping quiet about whether customers are switching to non-profit credit unions this weekend as part of the Facebook-propelled “Bank Transfer Day” protest.

In Los Angeles, organizers predicted that thousands would move their accounts from the big commercial banks, but it was unclear how many actually did.  An estimated 650,000 consumers have transferred $4.5 billion from banks to credit unions since the end of September.

Hayden’s Note:

While I think this is great, this isn’t something to get wildly excited about.  I mean, it’s better than using Bank of America or Chase, but you’re still utilizing the system.  Whether you’re super-stoked or mildly amused by this action, I think it’s headed in the right direction.  Hopefully it continues to manifest itself into waking people up to even bigger issues!

Doug Allen moved the bulk of his and his wife’s savings to Partners Credit Union in Burbank, which has added some 600 new accounts recently and took the unusual step of opening its doors on a Saturday.

“I’ve [been] meaning to do it for awhile, so when I saw this event today, I thought, ‘That’s the perfect reason to finally do it,’” Allen said....

Kevin Hayden – TruthisTreason.net

Source: CNBC

The Vatican called on Monday for the establishment of a “global public authority” and a “central world bank” to rule over financial institutions that have become outdated and often ineffective in dealing fairly with crises.

A major document from the Vatican’s Justice and Peace department should be music to the ears of the “Occupy Wall Street” demonstrators and similar movements around the world who have protested against the economic downturn.

The 18-page document, “Towards Reforming the International Financial and Monetary Systems ain the Context of a Global Public Authority,” was at times very specific, calling, for example, for taxation measures on financial transactions.

“The economic and financial crisis which the world is going through calls everyone, individuals and peoples, to examine in depth the principles and the cultural and moral values at the basis of social coexistence,” it said.

Read Full Article...

Kevin Hayden - TruthisTreason.net

John Perkins, author of Confessions of an Economic Hitman, narrates an animated short, briefly explaining how banking cartels such as the IMF turn sovereign countries into debt slaves, build corporation-nations, and enrich the rich.

Perkins, a former chief economist at Boston strategic-consulting firm Chas. T. Main, says he was an “economic hit man” for 10 years, helping U.S. intelligence agencies and multinationals cajole and blackmail foreign leaders into serving U.S. foreign policy and awarding lucrative contracts to American business. “Economic hit men (EHMs) are highly paid professionals who cheat countries around the globe out of trillions of dollars,” Perkins writes.

Confessions of an Economic Hit Man is an extraordinary and gripping tale of intrigue and dark machinations.

Perkins writes that his economic projections cooked the books Enron-style to convince foreign governments to accept billions of dollars of loans from the World Bank and other institutions to build dams, airports, electric grids, and other infrastructure he knew they couldn’t afford. The loans were given on condition that construction and engineering contracts went to U.S. companies. Often, the money would simply be transferred from one bank account in Washington, D.C., to another one in New York or San Francisco....

Kevin Hayden – TruthisTreason.net

Source: Lew Rockwell by Justin T. P. Quinn

I couldn’t believe what I heard on Tuesday night’s Bloomberg Debate. Well, okay, I guess I could believe it, but let me qualify my recantation. There was always something about Cain that made him come off as a man who isn’t above deception. It probably has something to do with the fact that I don’t trust former Federal Reserve Chairmen. Still, I was surprised, not because because he lied, but what he lied about.

When they started the segment of the debate where each candidate could ask their own question, I knew that Paul was going to hammer Cain. However, I was hoping it was going to be on Herman Cain’s credibility on economic issues. Arguably, it would have been a much better question. Arguably, this could be seen as a missed opportunity on Ron Paul’s part, but hindsight may prove it better for Ron Paul to have kept that card in reserve. Instead of asking a question that would have highlighted his own credentials, Paul came out in defense of the countless grassroots supporters that pester Herman Cain on the issue of auditing the Federal Reserve....

Kevin Hayden – TruthisTreason.net

Source: Zero Hedge

Either the YesMen have infiltrated Italy’s biggest, and most undercapitalied, bank, or the stress of constant, repeated lying and prevarication has finally gotten to the very people who know their livelihoods hang by a thread, and the second the great ponzi is unwound their jobs, careers, and entire way of life will be gone. Such as the head of UniCredit global securities Attila Szalay-Berzeviczy, and former Chairman of the Hungarian stock exchange, who has written an unbelievable op-ed in the Hungarian portal Index.hu which, frankly, make Alessio “BBC Trader” Rastani’s provocative speech seem like a bedtime story.

Only this time one can’t scapegoat Szalay-Berzeviczy “naivete” on inexperience or the desire to gain public prominence. If someone knows the truth, it is the guy at the top of UniCredit, which we expect to promptly trade limit down once we hit print.

Among the stunning allegations (stunning in that an actual banker dares to tell the truth) are the following: “the euro is “practically dead” and Europe faces a financial earthquake from a Greek default“… “The euro is beyond rescue”… “The only remaining question is how many days the hopeless rearguard action of European governments and the European Central Bank can keep up Greece’s spirits.”….”A Greek default will trigger an immediate “magnitude 10” earthquake across Europe....