- DOW 300 POINT COLLAPSE
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- PAULSON'S US $100 BILLION BANK CONSORTIUM RESCUE
EFFORTS TO SAVE BANKS
- REVEALS TOTAL BANKRUPTCY OF FINANCIAL POLICIES
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- Recap Of Recent Events
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- The recent temporary rally of the Dow (as forecasted
by me continued ups and downs, but overall trend down as stated in
previous Red Alerts) to an all time high (exceeding July 14,000 points)
last week, had many people confused, especially the greedy ones and those
in state of denial.
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- Some people went plunging into the stock market, to catch
the rally and got burnt again. These people never learn and they deserve
the trashing and I have no, absolutely no pity for such fools. It is like
playing a poker game with the cards stacked against the stooge. The game
at the global casinos was rigged from the word go.
-
- If these people had examined critically, even for five
minutes, the current state of affairs, it would have been apparent to them,
that Bernanke's sell out to Wall Street was a stop gap measure to calm
the markets and create a state of illusion. But it did not work for the
simple reason that one cannot simply revive, on a permanent basis, a hopelessly
terminally ill patient, when all its organs are failing rapidly, save the
ventilator maintaining the last few breaths.
-
- The final clue that the global banking collapse is speeding
down the one way street without any driver in control was the announcement
by Paulson, the Treasury Secretary and the three big banks, JP Morgan Chase,
CITI Group and Bank of America to set up a US$100 billion fund to mop up
the toilet paper commercial paper market (i.e. to buy the structured vehicles'
toilet paper assets).
-
- The global security fraud is now beyond redemption what
this means is that "investors" are not buying these commercial
papers supposedly backed by securities, as their values are dubious. To
avoid pubic auction of these toilet paper assets and then finding no buyers
(i.e. finally being exposed that they are totally worthless), Paulson and
these big banks are trying to buy these papers to avoid such a public exposure
and in the hope that when things have "settled and there is no more
panic" to unload them again to some other idiots. After all, a fool
is born every other day!
-
- But their very act of setting the fund, have shown their
scheme for what it is. The whole world is shouting. "The Emperor has
no clothes!" I was shouting and shouting. Few heard my screams and
saved their life savings.
-
- This is the critical implication. Hence, the dramatic
collapse of the Dow.
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- The End Is Near
-
- The rate cut of a hefty 50 basis points on 18th September
2007 by the Fed was a diversionary tactic and to buy time for the Banks
to come up with another fraudulent scheme to hoodwink the self deluding
public that all was well. It worked for barely three weeks and then lost
all steam!
-
- The dollar has plunged again. Gold has soared. Crude
is heading for the US100 target by year end. Foreign funds (especially
Sovereign Funds) are ditching US dollar assets. Long term bond yields are
rising in tandem.
-
- Literally, blood will flow in the streets in major cities
of USA and UK in the not too distant future, when the full impact of the
collapse hits every aspect of the economy and Joe six packs finally realises
that Bush, Cheney, the neo-cons and the bastards controlling the City of
London have taken them for a ride and robbed them of their pensions and
future.
-
- The policy of control chaos will be implemented and we
will witness in major cities of the USA, UK and Europe of street battles,
orchestrated by the Intelligence Services, between the white folks and
the immigrant population. In the USA, it will be against the Latinos and
then the blacks (after they realised that the Jewish community has abandoned
them). In the UK and in Europe, it will be against mainly immigrants from
Turkey, the Northern Mediterranean states and Pakistan and they are essentially
Muslims. There is therefore, the added fuel of Islamic radicalism, which
in the first place, was the creation of the Western intelligence services.
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- These immigrants (cannon fodder for the continuing 'war
on terrorism') will be blamed for the woes that afflict the white population.
The big banks and the 1% rich have all disappeared with their mistresses
and bunnies in some island resort and have engaged mercenaries like Blackwater
to guard whatever real estate that need to be protected from the marauding
crowds. The Katrina rehearsals have prepared such private armies to do
their dirty work. They have their work cut out for them.
-
- It will be ugly.
-
- In the Middle East, the Western intelligence Services
will ensure Muslims will slaughter fellow Muslims, as otherwise, only the
West will be suffering from the consequences of the financial tsunami.
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- The Inevitable War
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- The G7 countries will give their consent and support
Cheney's mad adventure in the Middle East as their only solution to the
mess which they have created.
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- I see no other scenario. How I wish I am wrong. But I
doubt it. Events following every previous Red ALERTS have come to pass.
-
- I am no soothsayer. But applying common sense, we must
be realists and prepare our people and our family for the coming wars and
prepare to take part in the Global Resistance, in whatever way and means
at our disposal.
-
- Take care and God bless you all.
-
- MATTHIAS CHANG
- KUALA LUMPUR
- 20TH OCTOBER 2007
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- Matthias Chang, a Barrister, was Political Adviser to
Tun Dr. Mahathir bin Mohamad, former Prime Minister of Malaysia, who succesfully
defended the Malaysian currency in the late 1990s against attacks by City
of London-controlled central banks.
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- http://peaceinspace.blogs.com/campaign_for_a_positive_f/2007/10/rescue-efforts-.html
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