HOME ALONE QE3 by Colonel Flick/WilliamBanzai7

There is a reason why Warren Buffett once referred to derivatives as "financial weapons of mass destruction".  Nobody really knows the total value of all the derivatives that are floating around out there, but estimates place the notional value of the global derivatives market anywhere from 600 trillion dollars all the way up to 1.5 quadrillion dollars.

Keep in mind that global GDP is somewhere around 70 trillion dollars for an entire year.  So we are talking about an amount of money that is absolutely mind blowing.

So who is buying and selling all of these derivatives?

Well, would it surprise you to learn that it is mostly the biggest banks?

JPMorgan Chase

Total Assets: $1,812,837,000,000 (just over 1.8 trillion dollars)

Total Exposure To Derivatives: $69,238,349,000,000 (more than 69 trillion dollars)

Citibank

Total Assets: $1,347,841,000,000 (a bit more than 1.3 trillion dollars)

Total Exposure To Derivatives: $52,150,970,000,000 (more than 52 trillion dollars)

Bank Of America

Total Assets: $1,445,093,000,000 (a bit more than 1.4 trillion dollars)

Total Exposure To Derivatives: $44,405,372,000,000 (more than 44 trillion dollars)

Goldman Sachs

Total Assets: $114,693,000,000 (a bit more than 114 billion dollars - yes, you read that correctly)

Total Exposure To Derivatives: $41,580,395,000,000 (more than 41 trillion dollars)

That means that the total exposure that Goldman Sachs has to derivatives contracts is more than 362 times greater than their total assets.

To get a better idea of the massive amounts of money that we are talking about, just check out this excellent infographic.

How in the world could we let this happen?

And what is our financial system going to look like when this pyramid of risk comes falling down?

Our politicians put in a few new rules for derivatives, but as usual they only made things even worse.

According to Nasdaq.com, beginning next year new regulations will require derivatives traders to put up trillions of dollars to satisfy new margin requirements.

Total U.S. GDP was just a shade over 15 trillion dollars last year.

http://theeconomiccollapseblog.com/archives/the-coming-derivatives-panic-that-will-destroy-global-financial-markets

Citigroup Job Cuts: Bank Plans To Slash 11,000 Jobs In Plan To Save Executive Bonuses

Cuts include technology and support jobs around the world

* Consumer banking due for 35 pct of restructuring charges

* Company expects annual expense savings of $1 billion

* Stock rises 4 percent on news

Dec 5 (Reuters) - Citigroup Inc, which has lagged behind its peers in recovering from the financial crisis, said it is cutting 11,000 jobs worldwide, about 4 percent of its staff, to save as much as $1.1 billion a year in expenses.

The move will initially result in pre-tax charges of $1 billion against fourth-quarter earnings, the bank said on Wednesday.

The cuts are Chief Executive Michael Corbat's first major steps to reorganize the company since he took the reins in October after directors pushed out his predecessor, Vikram Pandit.

http://www.huffingtonpost.com/2012/12/05/citigroup-job-cuts_n_2243975.html

Secret Space War You Are Not Allowed To Know About

You are NOT allowed to KNOW anything for sure about this Secret Space War because these facts are deeply and narrowly compartment-ed under “Beyond Black” National Security Classifications (Aka NATO Cosmic Top Secret).  Only a very small number of folks have received these security classifications and it is these folks alone that have access to these very narrow compartments based on an absolute “need to know” only.

DO NOT EXPECT ANY OFFICIAL USG DISCLOSURES ON THIS TO BE FORTHCOMING SOON

Do not expect American Intel or any DOD contractors (where most such secrets are now held) to be disclosing any actual facts soon about this Secret Space War.  And without specific factual disclosures which are “christened” by the major mass media at the USG’s direction, we can only make good guesstimates after reviewing RUMORS from reasonable sources to form reasonable BELIEFS.

YOU ARE FREE TO BELIEVE WHAT YOU WANT TO BUT YOU ARE NOT ALLOWED TO KNOW FOR SURE

WHO REALLY RUNS THE SECRET SHADOW GOVERNMENT (SSG) AND SETS THEIR AGENDA ?

http://www.veteranstoday.com/2012/12/01/secret-space-war/

Fascism

Fascism (play /'fæ??z?m/) is a form of radical authoritarian nationalism.[1][2] Fascists seek to unify their nation based upon suprapersonal connections of ancestry and culture through a totalitarian state that seeks the mass mobilization of the national community through discipline, indoctrination, physical training, economic corporatism [3][4] and eugenics.[5][6] Fascism utilizes a vanguard party to initiate a revolution to organize the nation upon fascist principles.[7] The fascist party and state is led by a supreme leader who exercises a dictatorship over the party, the government and other state institutions.[8] Fascism views direct action including political violence and war, as a means to achieve national rejuvenation, spirit and vitality.[5][9][10]

Fascism recognizes the existence of class conflict in societies, and advocates a resolution to end the division of classes and secure national solidarity.[11] However fascism publicly favours proletarian culture, and claims that cultural nationalization of society emancipates the nation's proletariat, and promotes the assimilation of all classes into a proletarian nation.[11]

Fascism advocates a state-controlled and regulated mixed economy; the principal economic goal of fascism is to achieve autarky to secure national self-sufficiency and independence, through protectionist and interventionist economic policies.[12] It promotes regulated private enterprise and private property contingent whenever beneficial to the nation and state enterprise and state property whenever necessary to protect its interests.[12]

Fascism was founded during World War I by Italian national syndicalists who combined left-wing and right-wing political views.[13][14] Fascists have commonly opposed having a firm association with any section of the left-right spectrum, considering it inadequate to describe their beliefs,[15][16] though fascism's goal to promote the rule of people deemed innately superior while seeking to purge society of people deemed innately inferior is identified as a prominent far-right theme.[17] Fascism opposes multiple ideologies, such as: communism, conservatism, and liberalism.[18]

 
 
The War on Terror is a Hoax - 9/11 was an Inside Job - Full-Size Sticker
 

911 Q&A

Taken from the second part of his excellent two part interview with Robert Sungenis regarding Israeli involvement in the 9/11 attacks. Based on Sungenis' comprehensive two part review of the book "Solving 911" by Christopher Bollyn found at http://www.bollyn.com. Links to full interviews here:

Part One:
http://theuglytruth.wordpress.com/2012/07/11/mark-dankofs-america-july-11-2012/

Part Two:
http://theuglytruth.wordpress.com/2012/07/25/mark-dankofs-america-july-25-2012/
 

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PEACE ON EARTH by Colonel Flick/WilliamBanzai7

obey poster skull monster picture and wallpaper