A site has explained the crop circle and symbols in it. It seems to be a warning of a Solar Storm to hit the Earth on July 7th 2009. The Jellyfish crop circle has the symbols of the eclipse in it, which on July 7th there will be a penumbral lunar eclipse.
The circle has the date and the jellyfish, looks just as the magnetosphere does when the Earth is being hit by a solar storm. Well what it is suppose to look like, but if you have been keeping up to date on the magnetosphere, you will see it has not been doing it's job as it is suppose to. There are pictures and discussions of it at this thread here: www.abovetopsecret.com...
Earth’s magnetosphere changes into the shape of a “jellyfish” whenever it is impacted by a severe solar storm
Whenever a severe solar storm impacts directly on Earth, then our planetary magnetic field or “magnetosphere” changes into the general shape of a “jellyfish”: see watch or watch.
That seems to be what those crop artists were telling us at Wayland’s Smithy on May 29, 2009:
How did they get the date? You will see the picture below, has double 7's in it, also it has the symbol of a eclipse. They both correspond to July 7th, 2009.
The new crop picture shows also seven “eclipse” symbols in its central tail (white numbers 1 to 7), as well as seven streamers hanging off below (yellow numbers 1 to 7):
Both of those features suggest that a solar storm may impact Earth on July 7, 2009, as has already been suggested by several other crop pictures from April or May (see bishopcannings or roundway2).
The new crop picture also shows a small, horizontal, four-circle band just between its head and its long tail (blue arrows, left or right above). That feature closely resembles a crop picture from July 20, 2008 which told us about eclipses (see time2007x). Indeed, the suggested date of July 7, 2009 for an upcoming solar storm will be a penumbral lunar eclipse (see eclipse.gsfc.nasa.gov).
“If directed at Earth, a coronal mass ejection is harmless to people, but slams into Earth's magnetic field, thereby distorting it into the shape of a jellyfish buffeted by a strong current. The most severe CMEs may cause geomagnetic storms capable of disrupting satellites, radio communications or power systems” (see www.atlasaerospace.net/eng/newsi-r.htm?id=50).
“Coronal mass ejections typically disturb Earth's magnetic field, distorting it into the shape of a jellyfish buffeted by a strong current. This interaction also energizes electrically charged particles, trapped within Earth's magnetosphere, and so causes bright auroral displays” (see istp.gsfc.nasa.gov).
I remember somthing about scientist coming out earlier this year, saying we could have distruptions of our technology with severe solar storms. Did they say that, because our magnetosphere has been collapsing and weakening?
We were hit really hard this last weekend. There were some points of when we were being hit the magnetosphere did not protect the Earth fully.
With the picture below you can see on the right, how we were being hit by a solar storm, but our magnetosphere was collapsed.
So if this crop circle is correct, what will happen July 7th to our communications systems etc? Will it be a very bad solar storm hit? Will our magnetosphere be able to handle it without collapsing?
This intricate Crop Circle was deciphered by another group, than the Jellyfish Circle - they too have come to a conclusion of a solar storm impacting the Earth on July 7th 2009 from this crop circle.
The first night it showed up, it looked like this:
Then after the next night it looked like this: It was added on to.
Then a few nights later it was added on to once again:
Besides being Gorgeous - it seems to have a powerful message in it, which is showing the degrees of where each planet is etc. Well, guess what date, all those planets positioned where they are comes out to be? Yep.... July 7th 2009.
How did they get to that conclusion?
“As shown in the explanatory diagram below, Part I of Milk Hill on June 21, clearly looked like a ‘sextant,’ which has long been used to measure the ‘altitude’ or height above the horizon of various astronomical objects in Earth’s sky.”
“It also showed a second underlying symbolism for Earth and Moon where planet Earth was drawn with a ‘teardrop’ shape, while our Moon was drawn with a standard ‘dumbbell’ shape first noted in the early 1990s. That teardrop shape is the usual scientific symbol for a CME, or coronal mass ejection from our Sun.
Then when it was added on to on the 22nd, they came up with this conclusion.
The second addition to Milk Hill on June 22, also seemed to show astronomical symbolism. The Australian scientist concluded that the second addition closely resembles an “orrery,” which is a traditional mechanical device used to illustrate planetary motions.
most people today do not know about Ptolemy’s geocentric model for our solar system, and that is why we have shown it below:
“Along the top, that Milk Hill crop picture then shows six of seven planetary symbols 1-2-3-4-5-6 (when including the outermost curved line), so as to match six rectangular ‘boxes’ that were drawn immediately below. Clearly those boxes have some connection to Ptolemy’s astronomical objects 1-2-3-4-5-6, but what could their relation be?”
Here is where it starts getting more interesting and how everything starts being pulled together for the conclusion of a solar storm on July 7th 2009.
This below part goes with the picture above, explaining the degrees and so on of the rectangles.
Any box with one stripe means “negative altitude” (below the horizon), while any box with two stripes means “positive altitude” (above the horizon). Our best date of July 6, 2009, produces altitudes above or below the local horizon as Moon = - 64 degrees (not visible); Mercury = + 62 degrees; Sun = + 61 degrees; Venus = + 42 degrees; Mars = + 39 degrees; or Saturn = + 22 degrees. Planet Jupiter at - 39 degrees is not visible, so is not shown. On nearby dates, say July 5 or 8, 2009, the negative altitude for our Moon does not exceed high positive elevations of + 62 or + 61degrees for Mercury or the Sun as required.
“The answer to this apparently difficult problem is actually quite simple: What is the true purpose of a sextant, as shown at Milk Hill one day earlier? Well, a sextant tells how high in the sky any bright astronomical object might be at a given time of observation, in units of 0 degrees to 90 degrees, relative to the local horizon. In astronomical language, those heights in the sky are called ‘altitudes.’
“Could each of those six rectangular boxes be telling us relative altitudes for Ptolemy’s six astronomical objects 1-2-3-4-5-6 at some calendar date in the near future?
So these people took apart the crop circle by looking at the degrees and placements of the planets in the circle, besides the scientific sign of a CME at the center of the crop circle. Here is how they completely came to the conclusion of a solar storm impacting the Earth on July 6/7th 2009.
“With that idea in mind, we used an astronomical almanac to calculate altitudes for the Sun, Moon and five bright planets over a wide range of dates during the summer of 2009. Then we compared those calculated values with the relative heights of six boxes shown in Part II of Milk Hill. The hourly time of observation clearly has to be close to 1200 UT, since one arm of that crop formation sextant is aligned south to north, parallel to the crop tramlines, while our Sun lies due south at noon in southern England.
“Our best theoretical matches to the crop formation boxes were for upcoming dates of July 6 or 7, 2009. Why would those crop artists go to all the trouble of showing us sextant and orrery shapes, then coding that orrery with six rectangular boxes which mean July 6 or 7, 2009, unless something significant were going to happen at that time?
Now how does the CME come into the whole concept of the Earth being impacted that day?
“At early stages in the ejection process, any Coronal Mass Ejection (CME) on the sun can acquire a teardrop shape, such as that drawn for planet Earth in the Milk Hill sextant marked with a blue asterisk. At late stages in the ejection process, any CME might evolve into a spherical shape, such as that drawn next to the crop formation intelligence's “Sun” symbol marked with a red asterisk.
“If Milk Hill Part II is really telling us about a CME (and not a comet), then that may be why the crop artists omitted 5 = Mars and 7 = Saturn from their curved orbital paths, while including 1-2-3-4-6. On July 6 or 7, both Mars and Saturn will lie angularly offset from the other four planets and our Moon, when viewed in terms of a possible directional CME ejection by our Sun.
“For the past two years, our Sun has been abnormally quiet between solar cycles 23 and 24. Within the past month however, it has become more active. What if anything might happen shortly?
So in complete conclusion here is what they say:
“Based on previous examples from 2004 or early 2009, we can be pretty sure that the crop formation intelligence's use of a teardrop symbol does represent a coronal mass ejection (CME) from our Sun. Why then would they have drawn planet Earth in the form of a large teardrop on June 21, unless several CMEs will impact upon Earth soon?
“We can see on the left of that new crop picture a round circle for our Sun, which seems to be emitting five CMEs along curved paths through space that eventually intersect with planet Earth at the red asterisk.
Seeing that this crop circle was deciphered by another group other than the person who deciphered the Jellyfish crop circle and they have come to the same conclusion from this crop circle as the message of the Jellyfish crop circle. Don't you think someone is trying to get a message to us?
Also, it will be interesting to hear within the next few days, if the govt. and utility companies might have some "testing" being done where either govt. facilities need to shut down for a few hours and the same with electric companies. In my opinion, people within the govt. know these crop circles are messages and they would have people decipher them from the inside. They would then know something is going to possibly happen in less than a weeks time in the form of a solar flare/storm/CME. I like to watch all areas and read between the lines, especially from the governments.
So, there you have it, Another crop circle deciphered to say the Earth will be impacted on the 7th of July by a solar storm.
By SAMANTHA HENRY, Associated Press Writer Samantha Henry, Associated Press Writer – Tue Jun 30, 5:20 pm ET
FAIRVIEW, N.J. – For five years, immigrant day laborer Leo Chamale wired money twice a month from New Jersey to his family in Guatemala. Recently, he stepped up to the money transfer window for a different purpose — to ask that his family send some of his savings back to him.
"I hadn't worked for five months, and I was two months behind on rent, so I had them send $1,500," the 21-year-old Chamale said in Spanish. "My mother said, `That's a lot of money!'"
With the U.S. economy in a ditch, money transfer agencies have been reporting a decline in the wages immigrants are sending back to their home countries. Now, it appears some immigrants are going a step further — asking their relatives to wire them money back.
"We've never seen this before," said Marlen Miranda, manager of Peerless Travel in Fairview, which runs a money transfer service. "I mean, one or two people might receive money for a special reason, but not this quantity of people."
Miranda said she has seen her customer base dwindle from 200 people to 75 who regularly use her money transfer services each month. Of those 75, Miranda said, about 20 now come in to receive money instead of sending it home.
"They can't send them much, because the economy in their countries is so bad," Miranda said. "Sometimes people only receive $20 from home."
It is not clear how much money is being sent back to the U.S. or how widespread the phenomenon is. Large money transfer agencies, such as Western Union, said they do not disclose how much money is sent or received by their field offices. Banks in foreign countries often track only money sent into the country by their citizens living abroad.
But clearly, these "reverse remittances" — as the money wired back to the U.S. is called — are extremely small when compared to the money immigrants send home.
Immigrants working in the U.S. sent more than $50 billion back to their native countries last year, according to the World Bank, which predicts the amount will drop 5 percent in 2009. Mexico's central bank said remittances sent to that country are down more than 18 percent in the past year, and registered their biggest decline on record in April.
Alejandro Tejada, manager of Tenares Communications, a Western Union office in Passaic, said he, too, has noticed money flowing in reverse, into the U.S. — a phenomenon he rarely, if ever, saw before.
It began around late March, Tejada said, after a tough winter in which construction projects and other ventures that usually employ immigrant day laborers ground to a halt.
World Bank economist Dilip Ratha said he devised his own measure of how much money is sent back to immigrants living in the U.S. and other countries. Analyzing foreign currency deposits in the Dominican Republic, Mexico and India from February 2008 to January 2009, Ratha found that immigrants from those countries tapped into their savings accounts — money they had previously wired home — at an accelerated rate as the global economy worsened.
The amount of foreign currency on deposit declined 7 percent in the Dominican Republic, 12 percent in India, and 6 percent in Mexico during the 12-month period, Ratha said.
Nevertheless, "people are sending far, far, far more back home than what they are taking out," he said.
Ratha said the surge in money wired back to the U.S. will not last long.
"The ability of, let's say, a Mexican family or a Nepalese family to be able to send dollar remittances to maintain somebody to pay for living expenses in the U.S. or in Europe is very weak, because they are very poor," Ratha said. "And the savings that are there of the migrants are also not very significant in most cases — so those savings will run out very quickly."
Standing on a street corner a recent morning in Palisades Park, looking for work, Chamale said he is now hoping to earn just enough for a plane ticket home.
"I was forced to ask for money from home during the winter months," he said. "After that, I said to myself, `That's it — I'm heading back to my country.'"
Armageddon. Apocalypse. Disaster: These are the words being used to describe California's staggering $24 billion budget deficit. With a midnight deadline to balance the budget, state lawmakers are facing a daunting task: Find a way to bridge the gap or start issuing $3 billion in IOUs this week to cover the bills.
Almost every state is suffering from the effects of the recession, but not every state accounts for 12 percent of the national gross domestic product. According to AP, if California goes down, so goes the nation: California's annual $1.7 trillion economy is the world's eighth-largest economy and provides a significant chunk of tax revenue for the government; California alone funds many social programs for the entire nation.
Like the Big Three automakers, California may be "too big to fail." If the state implodes, the ripple effect could slow the entire nation's recovery from the recession. Burt P. Flickinger, a retail consultant, tells AP:
"California is the key catalyst for U.S. retail sales, and if California falls further you will see the U.S. economy suffer significantly."
How did California dig itself such a huge hole? The recession certainly didn't help, but Time's Kevin O'Leary writes that California's financial troubles can be traced back to the passage of Proposition 13 in 1978. An antitax measure, Prop 13 makes it extremely difficult to raise taxes or pass a budget unless a 2/3 majority in both state houses agree — a virtually impossible task. California Rep. Zoe Lofgren tells Politico:
"If we [in Congress] had to do what the California legislature does, we would never send a bill to the president of the United States,” she said.
If the political wrangling over the budget isn't resolved by midnight tonight, Californians will be feeling the pain on every level, big and small. Just a few of the proposed spending cuts:
— State employees will be forced to take another day of unpaid leave a month, in addition to the two days leave they were forced to take starting in December. (NYT)
— Funding for the Bureau of Narcotics Enforcement will be slashed by $20 million. The "little-known unit" has played a key role in several of the state's high-profile cases: The bureau's agents helped arrest Scott Petersen for the murder of his wife and unborn child, and their investigation led to charges in Anna Nicole Smith's overdose death. (AP)
— 80 percent of state parks would be closed, 25 in the Bay Area alone, including several beaches along the peninsula. Park visitors spend an estimated $2.6 billion a year in and near state parks, but closing the parks would save only .26 percent of the $24 billion deficit. (SF Chronicle)
— Education funding would be reduced by $5.3 billion. School districts have already laid off 30,000 employees. Class sizes are expected to surge from 20 to 30 students and many after school programs, arts and music classes will be cut. A national education survey conducted this year ranked California 47th in per-student spending. (AP)
— Gov. Schwarzenegger is proposing to eliminate the state's $1.3 billion welfare program. Frank Mecca, the head of the County Welfare Directors Association of California, tells Time, "California could become the only state in the First World without subsistence benefits for poor children."
So far, the government is using a "wait and see" approach to California, or as a recent Politico headline stated more bluntly — "Washington to California: Drop dead." Earlier this month, White House spokesman Robert Gibbs said that the administration would "monitor" the situation, but that California's "budgetary problem unfortunately is one that they're going to have to solve."
(Think you can do a better job at balancing the state budget than the governor or state lawmakers? The Los Angeles Times is letting the common folk try their hand with a "You balance the budget" interactive.)
The Fallen is Lucifer (Satan), as he says in the film "The Fallen shall rise again" as a hint that Satan will gather his Army to Rise against Our Savior, the true God-Jesus Christ. Once again, it's clear that the (alien) transformers are metaphors of Fallen Angels from another planet, that existed thousands of years ago, taken from the Biblical truths of Genesis 6, Where Fallen Angels took fleshly women as wives and produced Giants (The Nephilim).The Transformers are "aliens" (I believe aliens are nothing more than fallen angels)The Transformers are in Giant stature, in "Disguise" and "Hidden" among us from the spiritual world. The Fallen character, states in the film, that "it is time to reveal themselves and that they have been among us for thousands of years."
In the film, we see the Egyptian Illuminati Pyramids and also referenced about the Pyramid on the back of the dollar bill. We see many Obelisks (the Male Penis) and Symbolism throughout the film, along with plenty of sexual innuendo's marketing Megan Fox as the next Mind Controlled puppet to propagandize sexuality in a PG-13 rating given of a film, marketed to children.
In the film, The two twin, illiterate stereotype robots, are marketed as comic relief, but are nothing more than a mockery of the "dumbed down public" that cannot see that they are being made fun of by the Elite of Hollywood. As one of the military soldiers said in the film, "if God Created Man in his own image, who created Them?" Well God did! He created the Angels, except of 1/3 of them Rebelled against God and fell from Heaven. You See, God created ALL things that was intended of good nature. Only Satan and the Sinful Nature of Man, has corrupted the Moral and Good Nature of things.
Optimus Prime, who is the only transformer than can destroy the "Fallen", plays as the Savior (Christ like) who dies, and is resurrected in the film through the mystical power of the "Matrix". Where then, He destroys the Fallen (Satan) after taking parts from a once evil (decepticon JetFire) fallen angel, who traded sides from evil to good, to help Optimus in his fight against the Fallen. Hmmm............. Deception = Decepticon?
We see the "good angels", the autobots, working in allegiance with our government and discussing the advanced technologies, Where Prime wishes to not share with our War mongering civilization (Fallen Angels taught War, Witchcraft, and Weaponry). Sam Witwicky, the main human character, dies in the film and goes to "Robot Heaven" to meet the Angels and is sent back to life to restore the dead Leader of the Autobots with the power of the universe "The Matrix".
It is clear, that this Film is twisted in its indoctrination of hidden truths, using Fiction as Fantasy in a world of deception, mythology and biblical truths and distorting them to indoctrinate the public. Hollywood has waved its magical wand again to subliminally persuade the masses into believing that there is other life out there besides us.Is this a start of propaganda to brainwash the public into accepting allegiance with Satan and his army or the possibility of the return of Giants?? or Is this just more propaganda to set up acceptance of an upcoming "Alien" Invasion?? There is no question that these films are being made to accept a belief system of the Illuminati and the Worship of Satan and his Fallen Angels.... Optimus Prime, Leader of the Autobots, is starting to become more popular than Jesus Christ and the everyday household name, just like a Fallen Angel wants...to be Worshipped.
WASHINGTON (Reuters) - President Barack Obama scored a major victory on Friday when the U.S. House of Representatives passed legislation to slash industrial pollution that is blamed for global warming.
The House passed the climate change bill, a top priority for Obama, by a vote of 219-212. As has become routine on major bills in Congress this year, the vote was a partisan one, with only eight Republicans joining Democrats for the bill.
The Senate is expected to try to write its own version of a climate change bill, but prospects for this year were uncertain.
The House-passed bill requires that large U.S. companies, including utilities, oil refiners, manufacturers and others, reduce emissions of carbon dioxide and other gases associated with global warming by 17 percent by 2020 and 83 percent by 2050, from 2005 levels.
They would do so by phasing in the use of cleaner alternative energy than high-polluting oil and coal.
"The scientists are telling us there's an overwhelming consensus ... global warming is real and it's moving very rapidly," said House Energy and Commerce Committee Chairman Henry Waxman, the chief sponsor of the legislation.
In urging passage, Waxman also said the legislation would create jobs and help move the United States from its reliance on foreign oil.
But Republicans said the bill was a behemoth that would neither effectively help the environment nor improve an economy reeling from a deep recession.
'BIGGEST JOB-KILLING BILL'
House Republican leader John Boehner called the measure "the biggest job-killing bill that has ever been on the floor of the House of Representatives."
Representative Joe Barton, the senior Republican on the energy panel, said the measure would set unrealistic targets for cutting carbon pollution. "You would have to reduce emissions in the United States to the level that we had in 1910," Barton said.
At the core of the bill, which is around 1,500 pages long, is a "cap and trade" program designed to achieve the emissions reductions by industry.
Under the plan, the government would issue a declining number of pollution permits to companies, which could sell those permits to each other as needed.
"The federal government will be joining California in the effort to combat global warming and the framework for doing it is one that is very similar to the one that California has adopted," said that state's top climate official, Air Resources Board Chair Mary Nichols.
California is recognized as having the most aggressive plan to fight global warming in the United States.
(Additional reporting by Susan Cornwell in Washington and Peter Henderson in San Francisco; Editing by Will Dunham)
June 26 (Bloomberg) -- China’s central bank renewed its call for a new global currency and said the International Monetary Fund should manage more of members’ foreign-exchange reserves, triggering a decline in the U.S. dollar.
“To avoid the inherent deficiencies of using sovereign currencies for reserves, there’s a need to create an international reserve currency that’s delinked from sovereign nations,” the People’s Bank of China said in its 2008 review released today. The IMF should expand the functions of its unit of account, Special Drawing Rights, the report said.
The restatement of Governor Zhou Xiaochuan’s proposal in March added to speculation that China will diversify its currency reserves, the world’s largest at more than $1.95 trillion. Chinese investors, the biggest foreign owners of U.S. Treasuries, reduced holdings by $4.4 billion in April to $763.5 billion after Premier Wen Jiabao expressed concern about the value of dollar assets. That reduction came a month after China boosted its holdings by $23.7 billion to a record.
“Zhou Xiaochuan sees the current international financial system is flawed, putting too much emphasis on the dollar as a reserve currency,” said Kevin Lai, an economist with Daiwa Institute of Research in Hong Kong.
President Barack Obama needs the support of China as the U.S. tries to spend its way out of recession. The Dollar Index that measures the currency’s performance against six trading partners fell as much as 0.8 percent to 79.779 at 1:11 p.m. in London. U.S. Treasuries were little changed with the 10-year yield at 3.53 percent.
‘Unlikely’ Shift
“It’s extremely unlikely the dollar will be replaced as the reserve currency,” said Glenn Maguire, chief Asia-Pacific economist at Societe Generale SA in Hong Kong. “A currency needs to be internationalized and that requires a fully convertible capital account, which China doesn’t have. The second is that it needs to be adopted.”
At the end of 2008 the dollar accounted for 64 percent of global central bank reserves, down from 73 percent in 2001, according to the IMF in Washington.
On June 13, Russian Finance Minister Alexei Kudrin reassured investors of the country’s confidence in the greenback by saying it was “still early to speak of other reserve currencies.” Brazilian Finance Minister Guido Mantega said on June 10 the government’s decision to switch some reserves into IMF bonds wasn’t aimed at weakening the dollar.
Federal Reserve holdings of Treasuries on behalf of central banks and institutions rose by $68.8 billion, or 3.3 percent, in May, the third most on record, Bloomberg data show.
Diversifying Holdings
China has started to pare its holdings, trimming them by $4.4 billion to $763.5 billion in April, the first monthly reduction since February 2008, according to U.S. Treasury Department data. Figures for May have yet to be released.
“There may be signs here of tensions mounting between the PBOC’s economic concerns over China’s holdings of dollars and the Chinese government’s diplomatic reasons for doing so,” Stephen Gallo, head of market analysis at Schneider Foreign Exchange in London, wrote in an e-mail.
Russian President Dmitry Medvedev, Chinese President Hu Jintao, Indian Prime Minister Manmohan Singh and Brazilian President Luiz Inacio Lula da Silva called for a “more diversified” monetary system to reduce dependency on the greenback at a June 16 meeting in the Russian city of Yekaterinburg. In May, China and Brazil began studying a proposal to move away from the dollar and use yuan and reais to settle trade instead.
Group of 20
Group of 20 leaders on April 2 gave approval for the IMF to raise $250 billion by issuing Special Drawing Rights, or SDRs, the artificial currency that the agency uses to settle accounts among its member nations. It also agreed to put another $500 billion into the IMF’s war chest. This month, Russia and Brazil announced plans to buy $20 billion IMF bonds, while China said it is considering purchasing $50 billion.
“Special drawing rights of the IMF should be given full play, and the international body should manage part of its members’ reserves,” the central bank report said.
IMF First Deputy Managing Director John Lipsky said on June 6 it’s possible to take the “revolutionary” step of making SDRs a reserve currency over time.
SDRs were created by the IMF in 1969 to support the Bretton Woods exchange-rate system that collapsed in 1971. They act as a unit of account rather than a currency. The cash is disbursed in proportion to the money each member nation pays into the fund.
Widening the Basket
The value of SDRs are based on a basket of currencies, shielding them from swings in a single currency. One SDR is valued at $1.54. China is proposing the basket be broadened. The current weighting is: 44 percent for the dollar, 34 percent for the euro and 11 percent each for the yen and the pound. It doesn’t include the yuan.
The dollar’s dominance of global finance buffeted developing nations last year. Investors abandoned emerging markets after the September bankruptcy of Lehman Brothers Holdings Inc. eliminated demand for all but the safest, most easily traded assets, such as Treasuries and the dollar. A shortage of the U.S. currency forced central banks to pump reserves into their economies.
“The excessive reliance on the credit of several sovereign currencies have added to the extent of risks and crises,” the central bank report said. “A currency with stable value in the long term is required.”
Kurt NimmoInfowarsJune 25, 2009 It’s like manna from heaven for the corporate media. Michael Jackson, the “King of Pop,” and Farrah Fawcett, the “It Girl,” have died on the same day. Details of these two tragic events will now dominate the media for more than a week and push vastly more important events into the shadows.
The corporate media gathers in a feeding frenzy over the death of a mentally disturbed music icon. Obama and Congress plan to hand the entire U.S. economy over to an evil cartel of private banksters and inbred elitists, thus creating a dictatorship not answerable to the people. Meanwhile, the corporate media has gathered in a feeding frenzy over the death of a mentally disturbed music icon. It is no longer news that the Fed will soon have the power to seize any company, from the corner hot dog stand to once mighty automotive corporations. Farrah Fawcett’s death by cancer is more important than the fact the government will soon usher in a form of corporatism – what Mussolini called fascism – of a magnitude and sophistication never before witnessed. Earlier in the week, Rep. Ron Paul warned that Obama and Congress are working together to produce a complete economic collapse, and yet this did not even make a ripple in the corporate media news cycle. Globalist Brent Scowcroft admits the CIA and the Pentagon are busy at work undermining the government of Iran and yet the media focuses on what appears to be the staged murder of a young woman in Tehran and does not bother to mention her death is obviously part of the overall diabolical scheme to meddle in Iran’s affairs and prepare for a shock and awe campaign to rival the one unleashed on Iraq with the horrific result of more than a million dead people. Evidence abounds that the World Health Organization, the United Nations, big pharma and governments around the world at the behest of the international bankers are planning to unleash a bioweapon attack in the guise of a flu pandemic. Journalist Jane Burgermeister has presented compelling evidence of this plot (including the declaration of martial law and mandatory toxic vaccinations) and yet the corporate media is silent. The documented existence of FEMA detention and work camps and mass grave sites for this engineered pandemic are ignored by the corporate media with the exception of a lame hit piece conducted by government disinfo operative Glenn Beck and his sidekick from the paragon of yellow journalism, Hearst publishing. There are government encroachments aimed at liberty on all fronts — water rights, CPS snatching children across the country, numerous laws proposed to limit and diminish if not eliminate gun rights — and yet the corporate media focuses exclusively on the death of celebrities. In 200 BC the Roman poet Juvenal wrote about the lamentable fact the masses had given up their birthright of political involvement and abdicated their duties for only two things — bread and circuses. Our rulers have yet to hand out bread, but they have engineered alluring electronic circuses and grand distractions. In doing so they are leading the masses down the path to enslavement.
National Level Exercise 2009 (NLE 09) is scheduled for July 27 through July 31, 2009. NLE 09 will be the first major exercise conducted by the United States government that will focus exclusively on terrorism prevention and protection, as opposed to incident response and recovery.
NLE 09 is designated as a Tier I National Level Exercise. Tier I exercises (formerly known as the Top Officials exercise series or TOPOFF) are conducted annually in accordance with the National Exercise Program (NEP), which serves as the nation's overarching exercise program for planning, organizing, conducting and evaluating national level exercises. The NEP was established to provide the U.S. government, at all levels, exercise opportunities to prepare for catastrophic crises ranging from terrorism to natural disasters.
NLE 09 is a White House directed, Congressionally- mandated exercise that includes the participation of all appropriate federal department and agency senior officials, their deputies, staff and key operational elements. In addition, broad regional participation of state, tribal, local, and private sector is anticipated. "This year the United States welcomes the participation of Australia, Canada, Mexico and the United Kingdom in NLE 09."
EXERCISE FOCUS
NLE 09 will focus on intelligence and information sharing among intelligence and law enforcement communities, and between international, federal, regional, state, tribal, local and private sector participants.
The NLE 09 scenario will begin in the aftermath of a notional terrorist event outside of the United States, and exercise play will center on preventing subsequent efforts by the terrorists to enter the United States and carry out additional attacks. This scenario enables participating senior officials to focus on issues related to preventing terrorist events domestically and protecting U.S. critical infrastructure.
NLE 09 will allow terrorism prevention efforts to proceed to a logical end (successful or not), with no requirement for response or recovery activities.
NLE 09 will be an operations-based exercise to include: activities taking place at command posts, emergency operation centers, intelligence centers and potential field locations to include federal headquarters facilities in the Washington D.C. area, and in federal, regional, state, tribal, local and private sector facilities in FEMA Region VI, which includes the states of Arkansas, Louisiana, New Mexico, Oklahoma and Texas.
EXERCISE OBJECTIVES
Through a comprehensive evaluation process, the exercise will assess prevention and protection capabilities both nationally and regionally. Although NLE 09 is still in the planning stages, the exercise is currently designed to validate the following capabilities:
Intelligence/Information Sharing and Dissemination
Counter-Terrorism Investigation and Law Enforcement
Air, Border and Maritime Security
Critical Infrastructure Protection
Public and Private Sector Alert/Notification and Security Advisories
International Coordination
VALIDATING THE HOMELAND SECURITY SYSTEM
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June 22 (Bloomberg) -- Executives at U.S. companies are taking advantage of the biggest stock-market rally in 71 years to sell their shares at the fastest pace since credit markets started to seize up two years ago.
Insiders of Standard & Poor’s 500 Index companies were net sellers for 14 straight weeks as the gauge rose 36 percent, data compiled by InsiderScore.com show. Amgen Inc. Chairman and Chief Executive Officer Kevin Sharer and five other officials sold $8.2 million of stock. Christopher Donahue, the CEO of Federated Investors Inc., and his brother, Chief Financial Officer Thomas Donahue, offered the most in three years.
Sales by CEOs, directors and senior officers have accelerated to the highest level since June 2007, two months before credit markets froze, as the S&P 500 rebounded from its 12-year low in March. The increase is making investors more skittish because executives presumably have the best information about their companies’ prospects.
“If insiders are selling into the rally, that shows they don’t expect their business to be able to support current stock- price levels,” said Joseph Keating, the chief investment officer of Raleigh, North Carolina-based RBC Bank, the unit of Royal Bank of Canada that oversees $33 billion in client assets. “They’re taking advantage of this bounce and selling into it.”
Banks Downgraded
The S&P 500 slid 2.6 percent to 921.23 last week, the first weekly decline since May 15, as investors speculated the three- month jump in share prices already reflected a recovery in the economy and profits. Stocks dropped as the Federal Reserve reported that industrial production fell in May and S&P cut credit ratings on 18 U.S. banks, saying lenders will face “less favorable” conditions.
The S&P 500 slid the most in two months today, losing 3.1 percent to 893.04 at 4:05 p.m. in New York, after the Washington-based World Bank said the global recession this year will be deeper than it predicted in March.
Insiders increased their disposals as S&P 500 companies traded at 15.5 times profit on June 2, the highest multiple to earnings in eight months, Bloomberg data show. Equities climbed as the U.S. government and the Fed pledged $12.8 trillion to rescue financial markets during the first global recession since World War II.
Executives at 252 companies in the S&P 500 unloaded shares since March 10, with total net sales reaching $1.2 billion, according to data compiled by Princeton, New Jersey-based InsiderScore, which tracks stocks. Companies with net sellers outnumbered those with buyers by almost 9-to-1 last week, versus a ratio of about 1-to-1 in the first week of the rally.
Bear Stearns
“They’re looking to take some money off the table because they think the rally will come to an end,” said Ben Silverman, the Seattle-based research director at InsiderScore. “It’s the most bearish we’ve seen insiders, on a whole, in two years.”
The last time there were more U.S. corporations with executives reducing their holdings than adding to them was during the week ended June 19, 2007, the data show. The next month, two Bear Stearns Cos. hedge funds filed for bankruptcy protection as securities linked to subprime mortgages fell apart, helping trigger almost $1.5 trillion in losses and writedowns at the world’s biggest financial companies and the 57 percent drop in the S&P 500 from Oct. 9, 2007, to March 9, 2009.
Insider selling during the height of the dot-com bubble in the first quarter of 2000 climbed to a record $41.7 billion on a net basis, according to data compiled by Bethesda, Maryland- based Washington Service. The sales coincided with the end of the S&P 500’s bull market and preceded a 2 1/2 year slump that erased half the value of U.S. equities.
‘Clouding the Picture’
Bill Latimer, the director of research at O’Shaughnessy Asset Management, says insider transactions aren’t an accurate barometer of stock performance because executives often reduce their stakes for reasons that have little to do with a company’s prospects.
“When you’re dealing with an individual’s buying or selling, you’re clouding the picture with what their specific financial situation may be,” said Latimer, whose Stamford, Connecticut-based firm oversees about $4.5 billion.
During January 2008, executives at New York Stock Exchange- listed companies bought more shares than they sold for the first time since 1995, Washington Service data show. The S&P 500 slumped 40 percent in the next 12 months.
Citigroup Inc. CEO Vikram Pandit purchased 750,000 on Nov. 13, paying an average of about $9.25 apiece, the New York-based bank said in a U.S. Securities and Exchange Commission filing. Citigroup closed last week at $3.17.
Unrestricted Stake
U.S. laws require executives and directors to disclose stock purchases or disposals within two business days to the SEC.
Sharer, the chairman at Thousand Oaks, California-based Amgen since January 2001, disposed of $1.76 million worth in the world’s largest biotechnology company on May 12, an SEC filing showed.
The sale of 36,411 shares trimmed his unrestricted stake by 13 percent and came three weeks after the company reported first-quarter earnings that trailed analysts’ estimates. Between May 22 and June 9, five Amgen officers, including George Morrow, the executive vice president for global commercial operations, and Roger Perlmutter, the executive vice president for research and development, sold a combined $6.4 million.
“From time to time, and within appropriate trading windows, Amgen executives exercise their right to sell shares for tax planning, to prevent stock option expiries and other purposes,” spokesman David Polk wrote in an e-mailed response to questions.
Eight-Month High
Federated’s Christopher and Thomas Donahue together sold about 65,000 for $1.68 million on June 4 and June 5 through a family trust, according to SEC filings. The transactions were the biggest outright sales for each since December 2005 and followed a 52 percent rally this year that recouped more than a third of 2008’s stock losses.
The executives began selling two days after the third- biggest U.S. manager of money-market funds, which was founded by their father, John Donahue, in 1955, reached an almost eight- month high compared with reported profits.
Federated said in a statement on June 8 that the officers sold as part of a “longer-term” diversification strategy. Ed Costello, a spokesman, said the Pittsburgh-based company had no comment beyond the news release.
“If these folks don’t have confidence in the company and don’t feel that it’s an attractive value, then why as a shareholder would I think it’s a good value?” said Jason Cooper, who helps manage $3 billion at 1st Source Investment Advisors in South Bend, Indiana.
Amgen shares dropped 2.6 percent to $50.99 today, while Federated slumped for a seventh day, tumbling 5.4 percent to $23.15, for the longest streak of losses since 2003.
Stock Options
Seven directors at CME Group Inc., the world’s largest futures exchange, disposed of almost $3 million since May. John Pietrzak sold for the first time since becoming a director of the Chicago-based company in July 2007, according to data compiled by InsiderScore. Board member Joseph Niciforo cut his stake by 28 percent. CME shares sank 7.4 percent, the most since May 7, to $303.48 today.
“It’s our policy to never comment on any executive sale of shares,” said Allan Schoenberg, a CME spokesman.
Nine insiders at TiVo Inc., the maker of digital video recorders, sold $10.6 million between June 3 and June 11, after the Alviso, California-based company jumped to a five-year high. That was the most by value over a one-month period in more than five years, InsiderScore data show.
A 53 percent jump in TiVo’s stock on June 3 initiated trading plans of some insiders such as CFO Anna Brunelle, who cut her holdings by 17 percent, according to regulatory filings to the SEC compiled by InsiderScore.
TiVo Director
The so-called 10b5-1 programs allow executives to cash out a portion of their holdings when stocks reach predetermined prices. Brunelle also sold through her plan from exercising options with average expiration dates about seven years away, InsiderScore data show.
Geoffrey Yang, a TiVo director since 1997, cut his stake by 8.4 percent, raising $1.5 million. The sale was the first by Yang in almost two years. Chief Technical Officer James Barton reaped an 89 percent profit from selling $2.8 million that he received from exercising stock options that were due to expire in four years, according to InsiderScore. TiVo shares dropped 5 percent to $10.50 today.
Whit Clay, a spokesman for TiVo, declined to comment.
Electronic Arts Inc. Chairman Lawrence Probst and two other executives sold a combined $1.2 million worth since May 28, after the world’s second-largest video-game publisher jumped 49 percent from an almost nine-year low.
Frank Gibeau, president of the EA games division, slashed his stake by 66 percent after unloading about $538,300 worth the same day, the filings show. The sales came three weeks after Electronic Arts, which makes “Madden NFL,” the world’s most- popular sports video game, reported a narrower fiscal fourth- quarter loss than analysts estimated. Shares of the company retreated 3.6 percent, the most since May 7, to $19.97 today.
Jeff Brown, a spokesman for Electronic Arts, didn’t immediately return a telephone call seeking comment.
“It does make you wonder if the market rebound is running out of steam,” said Scott Leiberton, the managing director for the equities division of Principal Global Investors, which oversees $189 billion in Des Moines, Iowa. “If you see broad- based selling among the management team or large holders, that’s generally not a good sign because presumably who knows that business better than they do?”
From Harry Schultz: Dear Bob: Bob Chapman’s Int’l Forecaster newsletter revealed (5/20) this startling intelligence (from within US State Dept & embassies):
”Some US embassies worldwide are being advised to purchase massive amounts of local currencies; enough to last them a year. Some embassies are being sent enormous amounts of US cash to purchase currencies from those govts, quietly. But not £’s. Inside the State Dept there is a sense of sadness & foreboding that ‘something’ is about to happen, unknown re a date—just that within 180 days, but could be 120-150 days.”
Bob quotes another source that “Panasonic has told their people to be back in Japan by Sept 09.”
Harry Schultz, dean of newsletter writers, has quoted the Chapman letter of May 30 regarding US embassies being sent large amounts of cash with which to buy local *currencies, to last them a year. Here is Harry’s remarkable take on the situation:
“My HSL suspicion is that the elite plan another FDR style “bank holiday” of indefinite length, perhaps very soon, to let the insiders sort-out the bank mess which is getting more out of their control every day.*Insiders want/need to impose new bank rules. Widespread nationalization could result, already under way. It could also lead to a formal US$ devaluation, as FDR did by revaluing gold (& then confiscating it). But devalue against what? The euro? Doubtful. Gold? Maybe. Or vs. the IMF basket of currencies (which seems more likely)—& much in the news recently. Any kind of bank holiday will push the US$ lower, which may be a bonus benefit to their ongoing scenario of letting the $ fall. Such a fall would get the devaluation they want without having to declare it. In sum, the insiders want more bank & system control, fewer banks & a lower US$. A bank holiday would suit all their needs.
Obviously, U can’t open safeboxes if the banks are closed, so plan accordingly. All this is speculation, but we have to go with what we’ve got, scraps of info that point to certain possibilities. In any case such a closure will, IMO, come sooner or later, as the worst of the embedded derivatives are still to be faced. We are years away from solving them because the controllers don’t want to; their fingerprints are all over them. ***
PS: during the FDR bank holiday, thousands of banks never reopened; it was a face-saving way of shutting them down. I would guess the same would occur today; thousands have little or no net value, loaded with debt, bad mortgages.
••• *PPS: A Bob Chapman subscriber reported overhearing 2 FEMA jacketed men talking to a police chief in Calif. They wanted to federalize the police across the US. They (govt) would be closing banks in late Aug, early Sept & that it will get ugly.” Prepare for worst case, as any good Boy or Girl Scout would do. J”
