Martin's Posts - Saviors Of Earth2024-03-29T11:44:29ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012https://storage.ning.com/topology/rest/1.0/file/get/1544690333?profile=RESIZE_48X48&width=48&height=48&crop=1%3A1https://saviorsofearth.ning.com/profiles/blog/feed?user=1c62ec6jn37wc&xn_auth=noThis MIchael Jackson death make me sick...tag:saviorsofearth.ning.com,2009-06-26:2492330:BlogPost:1872012009-06-26T17:30:00.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
, Peoples have the right anybody they want but really this Michael Jackson death make me sick i have absolute no respect for 95% of celebrity, Michael Jackson's death is just pure adolotry propaganda i am sure Oprah Obama madona and all their other hollywood rich celebrity will cry for him when 98% of peoples don't care about ther real problem in this world
, Peoples have the right anybody they want but really this Michael Jackson death make me sick i have absolute no respect for 95% of celebrity, Michael Jackson's death is just pure adolotry propaganda i am sure Oprah Obama madona and all their other hollywood rich celebrity will cry for him when 98% of peoples don't care about ther real problem in this worldEmployees of Japan Finance Ministry arrested in Italy trying to smuggle $134 Billion in U.S. Treasuries in suitcasestag:saviorsofearth.ning.com,2009-06-23:2492330:BlogPost:1851692009-06-23T02:38:37.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
FOLLOW THIS LINK AND BE BANKRUPT LOL...........<br />
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http://geraldcelente.tk/ YOU CAN READ THE WHOLE STORY AT THE BOTTOM
FOLLOW THIS LINK AND BE BANKRUPT LOL...........<br />
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http://geraldcelente.tk/ YOU CAN READ THE WHOLE STORY AT THE BOTTOMTHE MOST IMPORTANT VIDEO EVER! MUST WATCH Part 1 spread this like plaguetag:saviorsofearth.ning.com,2009-06-05:2492330:BlogPost:1770372009-06-05T02:00:00.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
Part 1 to 17<br />
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http://www.youtube.com/results?search_type=&search_query=THE+MOST+IMPORTANT+VIDEO+EVER!+MUST+WATCH+Part+1&aq=f<br />
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and all the other parts.. sorry but the player was disable by request..
Part 1 to 17<br />
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http://www.youtube.com/results?search_type=&search_query=THE+MOST+IMPORTANT+VIDEO+EVER!+MUST+WATCH+Part+1&aq=f<br />
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and all the other parts.. sorry but the player was disable by request..CNN crap disinformationtag:saviorsofearth.ning.com,2009-05-13:2492330:BlogPost:1634272009-05-13T06:25:21.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
Yeah we all gonna believe this hahahaha!! and you count on them for UFO disclosure project haha yeah right.<br />
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<br></br><a href="http://www.disclose.tv/action/viewvideo/7619/">CNN Disinformation on…</a>
Yeah we all gonna believe this hahahaha!! and you count on them for UFO disclosure project haha yeah right.<br />
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<br/><a href="http://www.disclose.tv/action/viewvideo/7619/">CNN Disinformation on WTC7</a>The Mortgage Meltdown Where is the Bottom ? it's insane and verry sadtag:saviorsofearth.ning.com,2009-05-06:2492330:BlogPost:1596712009-05-06T20:58:21.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
where this end ? when the abyss as not reach even the bottom yet... link-------------- http://geraldcelente.tk/
where this end ? when the abyss as not reach even the bottom yet... link-------------- http://geraldcelente.tk/How to become a Sheep or The Power of Conformity hahahahahahahahatag:saviorsofearth.ning.com,2009-05-02:2492330:BlogPost:1570602009-05-02T22:41:14.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
Hahahahahahaaahah soo funny..<br />
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<br></br><a href="http://www.disclose.tv/action/viewvideo/7544/">How to become a Sheep or The Power of…</a>
Hahahahahahaaahah soo funny..<br />
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<br/><a href="http://www.disclose.tv/action/viewvideo/7544/">How to become a Sheep or The Power of Conformity</a>Swine Flu Swindle by Big Pharma With Gov Assistancetag:saviorsofearth.ning.com,2009-05-02:2492330:BlogPost:1569972009-05-02T18:31:29.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
Swine Flu Swindle by Big Pharma With Gov Assistance PDF Print E-mail<br />
The story goes deeper into crime. Remember in 1976, the swine flu vaccine killed 2,300 people in 2 weeks after the government paid billions for the "free"-to-public vaccine? The vaccine was pulled and is still in the vaults.<br />
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Virus are not alive; they have no nucleus, respiratory or digestive systems. Virus are protein wastes in solvent solutions. They are as contagious as Tide soap. It is impossible for one animal tissue in…
Swine Flu Swindle by Big Pharma With Gov Assistance PDF Print E-mail<br />
The story goes deeper into crime. Remember in 1976, the swine flu vaccine killed 2,300 people in 2 weeks after the government paid billions for the "free"-to-public vaccine? The vaccine was pulled and is still in the vaults.<br />
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Virus are not alive; they have no nucleus, respiratory or digestive systems. Virus are protein wastes in solvent solutions. They are as contagious as Tide soap. It is impossible for one animal tissue in solvent solution to appear in another animal because those tissue are not part of another animal's cellular structures.<br />
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Have they been distributing the old swine flu vaccine as other medication in pockets in Mexico because they know it causes swine flu residues in people.<br />
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The stories about it appearing in other countries are fictitious stories because I have not been able to get any laboratory confirmation.<br />
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Were those stories planted by US government and the pharmaceutical house that vaults the vaccine? Do the laboratory and government want to resell the vaccine and get rid of it for profit. The government is still paying for it to be vaulted and that is very expensive. Why didn't they dump it?<br />
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Speaking of this strain, it did not come on naturally. According to the World Health Organization (WHO), this particular strain has never before been seen in pigs or people. And according to reuters, the strain is a 'genetic mix' of swine, avian and human flu. It was created in a lab? Ft Detrick, MD bio-weapons lab, just happened to have a 'missing' batch of this 'cocktail'. Yeah, the same lab from which HIV 'emerged'...and the Avian flu...and anthrax. But that is coincidence, right?<br />
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http://www.reuters.com/article/domesticNews/idUSTRE53N22820090424<br />
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For the same reason they did not dump AZT when it was discovered by independent observers in 1969 that AZT was too toxic for chemotherapy? But when the government created the AIDS epidemic by contaminating Hepatitis B Vaccines and, in Africa the Smallpox Vaccines, they brought AZT out of the vaults and claimed it was good to treat AIDS. They treated AIDS patients with it and it killed most of them and they made a big profit as well as taking over 27 African countries resources. Research the work of Dr. Leonard Horowitz and read the book Bio-Attack Alert.<br />
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With the 'human-bird-pig' flu, they are creating an imaginary "pandemic" and viola, people will flock to take the swine flu vaccine. With the Geneva Convention articles, they cannot force vaccine on anyone but they may be able to quarantine people for a few days.<br />
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Remember that no vaccine has proved to be effective, including polio. Many such diseases have cycles and polio was down to less than 1% the year before the polio vaccine was issued in 1958.<br />
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All vaccines are issue after the diseases have diminished and big pharma takes credit for riding the planet of the diseases. If polio were a problem, why isn't it an epidemic amongst third world people who cannot afford and do not take polio vaccines? Why is polio non-existent in Amish and Mennonite communities where they don't take vaccines?$$$$$$$ Time to Wake Up$$$$$tag:saviorsofearth.ning.com,2009-05-02:2492330:BlogPost:1568422009-05-02T15:40:59.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
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<br></br><a href="http://www.disclose.tv/action/viewvideo/14764/">Time to Wake Up</a>
The sole intent of this video is to educate you to the fact that the real rulers of the UNITED STATES is, and has been for quite some time, the private Federal Reserve banking system. John Fitzgerald Kennedy threaten the future of the central bank on June 4, 1963 when he signed presidential Executive Order No. 11110. This order gave the treasury branch of government the power to issue silver…
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<br/><a href="http://www.disclose.tv/action/viewvideo/14764/">Time to Wake Up</a>
The sole intent of this video is to educate you to the fact that the real rulers of the UNITED STATES is, and has been for quite some time, the private Federal Reserve banking system. John Fitzgerald Kennedy threaten the future of the central bank on June 4, 1963 when he signed presidential Executive Order No. 11110. This order gave the treasury branch of government the power to issue silver certificates, which in essence would have eliminated the demand for federal reserve notes, the tool which was used to enslave our once wealthy nation.<br />
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Within five short months of signing the presidential order, Kennedy was assassinated in broad daylight, suffice to say the order was ignored, and or invalidated by his successor, Johnson. The history of the struggle between united States presidents and international bankers has been very lengthy and spans all the way back to the days of Lincoln, and Jackson.<br />
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As you know, \"He who owns the gold, makes the rules\", earlier in American history on April 5th 1933 U.S. President Franklin D. Roosevelt signed Executive Order 6102 which forbade the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates, go figure, can you imagine that hoarding / holding your own money was made illegal in 1933 and people bought that hook line and sinker!?<br />
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Think of that next time someone asks you if they can hold a 20, it\'s a hustle now, like it\'s always been, history repeats. So now that were on the verge of a completely collapsed economy, and probably a decade long depression. You know the truth, you\'ve been lied to, there going to get away with it, and there aint sh!t you can do about it, except extract what little trust you had from the clutches of government and into the safety of your own paranoia. Buy storable food right now, while you can still afford it. Buy guns and ammunition if you feel the need for the ability to physically protect yourself from threats that may arise in an unstable economy.<br />
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Ron Paul courageously addressed the root of this problem months ago during his run for the White House, retrospectively I\'m sure you can understand, how the mainstream media and propaganda pundits were fools for doubting his strong reasoning and simple common sense that struck to the root core of the problems that we are suffering from today. Unfortunately we didint get Ron Paul into office, the censorship and propaganda was to powerful, and the corporate illusion of \"Change ™\" prevailed.<br />
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Now that you\'ve seen this video and you know and realize that Obama will not address the root of our problem, that being the Federal Reserve. Rest assured things will go progressively and hastily into a downward spiral from this point forward. The hardships will be great, and we must be strong in order to survive, now that you\'ve been awakened, please take time to educate others on how we\'ve been swindled so that we don\'t fall for governments false solutions to this problem, that will be crafted with the intent of further enslaving us all.<br />
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I have bad news, the depression is already here, it has been here for quite sometime now. The mainstream media is simply in denial and would rather tell you that it\'s merely a recession. Martial Law is coming next, be ready for swift \"Change ™\" to come. This country is about to be turned upside down, and we are all to blame. Educate people on the nature of the Federal Reserve system, EO 11110, and EO 6102, also watch the movie. America From Freedom to Fascism.<br />
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Good Luck...weirdest and funniest commercial i ever saw hahahahahahahatag:saviorsofearth.ning.com,2009-05-01:2492330:BlogPost:1557672009-05-01T06:47:45.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
Hahahahahahahahahahaha.. now no wonder how they had are try soo hard to dumb us down…
Hahahahahahahahahahaha.. now no wonder how they had are try soo hard to dumb us down lol..<br />
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<embed src="http://www.ebaumsworld.com/mediaplayer.swf" allowscriptaccess="never" flashvars="scanscoutcode=763&pageurl=http://www.ebaumsworld.com/video/watch/80622224/&file=http://media.ebaumsworld.com/mediaFiles/video/511925/80622224.flv&mediaid=80622224&title=Crazy Commercial from the 80's&tags=wtf,funny,screwy,crazy,cool,commercial,advertisement&description=wtf thats weird man&displayheight=325&backcolor=0x0d0d0d&lightoclor=0x336699&frontcolor=0xcccccc&image=http://media.ebaumsworld.com/thumbs/video/511925/80622224.jpg" wmode="transparent" quality="high" bgcolor="#FFFFFF" width="425" height="345" type="application/x-shockwave-flash" pluginspage="http://www.macromedia.com/go/getflashplayer"></embed>is the 2012 galactic alignment is a hoax???????tag:saviorsofearth.ning.com,2009-04-29:2492330:BlogPost:1549002009-04-29T22:15:19.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
I just read many sites and there is alot of them who said that this 2012 galactic alligment is just goddamn hoax what do you think about this?????
I just read many sites and there is alot of them who said that this 2012 galactic alligment is just goddamn hoax what do you think about this?????Swine Flu Threatens Weak Economytag:saviorsofearth.ning.com,2009-04-27:2492330:BlogPost:1532852009-04-27T18:56:30.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
Just as global markets seem to be recovering from an economic sickness, a biological one looms. “Swine flu,” a type of flu bug transmitted from pigs and mutated into a human strain known as “H1N1,” has so far claimed the lives of over 80 people in Mexico, and sickened more than 1,400 there since April 13. Sunday, the U.S. reported its twentieth case of the flu, including 8 New York-based high school children, and it’s already spread throughout the world to Europe and Asia.<br />
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Last Time Round<br />
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An…
Just as global markets seem to be recovering from an economic sickness, a biological one looms. “Swine flu,” a type of flu bug transmitted from pigs and mutated into a human strain known as “H1N1,” has so far claimed the lives of over 80 people in Mexico, and sickened more than 1,400 there since April 13. Sunday, the U.S. reported its twentieth case of the flu, including 8 New York-based high school children, and it’s already spread throughout the world to Europe and Asia.<br />
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Last Time Round<br />
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An economic crisis followed by a quick bout of virulent influenza is a situation we’ve seen before. In 2002, an Asian flu virus known as severe acute respiratory syndrome, or SARS, claimed the lives of 774 people and sickened another 8,096, according to the World Health Organization. While that’s a relatively small number of people compared to Asia’s total population, the virus wreaked havoc on Asian stocks, which were just recovering after the 1998 emerging markets crisis.<br />
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In less than 12 months, Hong Kong’s Hang Seng plunged 17.3%, to 8634.45, while the Japanese Nikkei fared worse, dropping 33%, to 7831.42. Other emerging market indexes fared similarly.<br />
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Spring is a common season for animal flu viruses to emerge. In March last year, another Chinese avian flu bug, which was a mutated form of the H1N5 avian strain, claimed the lives of four school children in Hong Kong and gave investors the jitters for a bit.<br />
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At the time, one Asia-based market participant recalled the SARS incident clearly. “When SARS hit Hong Kong, this place became a ghost town. I remember myself and a mate being the only people in the entire Lan Kwai Fong [nightlife district] drinking on a Thursday night,” said Gavin Parry, a director of Helmsman Global Trading in Hong Kong.<br />
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Potential Swine Flu Causes & Effects<br />
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Sunday, Canadian health officials said that swine flu is unlikely to be as deadly as SARS, mainly because they have spent years preparing for such an outbreak, even as the U.S. government issued a standard “medical state of emergency.” That’s probably true for the U.S. and much of Europe, too: developed countries are traditionally much less affected by flu epidemics than undeveloped ones.<br />
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As a result, on the political front renewed debates over Mexican border-control policy in the U.S. are also likely to spring up from the malaise.<br />
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Given the feeble state of global markets right now, any drop in consumer spending could have potentially serious consequences. Airline stocks, tourism companies (particularly ones which serve Latin American countries), and as a result, oil companies are all likely to feel any lingering effects of the flu bug. Producers such as Exxon (XON), BP (BP) and PetroChina (PTR), which have only just recently begun climbing again after a massive sell-off in oil, may fall back 10 - 15%.<br />
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In terms of buying opportunities, Helmsman’s Parry was advising his clients Monday morning in Asia to “break out the old SARS list of names that make face masks” for some short-term momentum, such as Japanese Hogy Medical (TYO:3593).<br />
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But the most likely securities to feel selling pressure are the emerging market ETFs. During the SARS crisis, U.S.-listed ETFs such as iShares MSCI Emerging Markets ETF (EEM), Vanguard Emerging Markets ETF (VWO), and Morgan Stanley Emerging Markets Domestic fund (EDD) were not yet thought up. Swine flu may pose the first serious challenge to these recently listed ETFs’ growth prospects.<br />
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In particular, Latin America-focused ETFs such as iShares S&P Latin America 40 Index (ILF) and iShares MSCI Mexico (EWW) look like they may take the brunt of the selling over the next week. The Mexican peso will also feel selling pressure, which could set off a round of further complications. Indeed, in Mexico the virus is already taking an economic toll, as the domestic government has ordered the closure of bars, movie theaters and churches. Officials stopped short of closing down work places, however.<br />
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Bloomberg reports one taxi driver citing a fifty percent drop in income since the virus was officially declared on April 24. “People don’t even want to leave their houses,” the driver told Bloomberg. “It was bad enough with the economic situation, and now it’s even worse.Subliminal Hidden Message in KFC Snacker Commercialtag:saviorsofearth.ning.com,2009-04-27:2492330:BlogPost:1529022009-04-27T06:41:03.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/MunPARnI0dE&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="never"></param><embed src="http://www.youtube.com/v/MunPARnI0dE&hl=en&fs=1" type="application/x-shockwave-flash" allowscriptaccess="never" width="425" height="344"></embed></object>
<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/MunPARnI0dE&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="never"></param><embed src="http://www.youtube.com/v/MunPARnI0dE&hl=en&fs=1" type="application/x-shockwave-flash" allowscriptaccess="never" width="425" height="344"></embed></object>The srecret of bohemian grove hahaahhaahahhaahahahahahtag:saviorsofearth.ning.com,2009-04-26:2492330:BlogPost:1527662009-04-26T23:02:46.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
<a href="http://www.imagehosting.com/"><img src="http://img139.imageshack.us/img139/2727/bohemedees.jpg" border="0" alt="Image Hosting"/></a>
<a href="http://www.imagehosting.com/"><img src="http://img139.imageshack.us/img139/2727/bohemedees.jpg" border="0" alt="Image Hosting"/></a>Please avoid this vaccine pass this as many peoples as you can...tag:saviorsofearth.ning.com,2009-04-23:2492330:BlogPost:1504682009-04-23T06:31:55.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
Health Sciences Institute: Code Red Alert - Why am I getting this?<br />
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32 Girls Have Died<br />
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11,916 adverse events already reported to the CDCŠ and counting.<br />
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Pain and swelling. Life-threatening muscle weakness. Blood clots in the heart and lungs.<br />
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And the deaths of 32 innocent girls and young women.<br />
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You might think I'm talking about a deadly new disease or a global epidemicŠ<br />
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I'm not.<br />
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Sadly, it's more sinister than that. The health threats listed above have all been linked with Gardasil, the…
Health Sciences Institute: Code Red Alert - Why am I getting this?<br />
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32 Girls Have Died<br />
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11,916 adverse events already reported to the CDCŠ and counting.<br />
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Pain and swelling. Life-threatening muscle weakness. Blood clots in the heart and lungs.<br />
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And the deaths of 32 innocent girls and young women.<br />
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You might think I'm talking about a deadly new disease or a global epidemicŠ<br />
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I'm not.<br />
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Sadly, it's more sinister than that. The health threats listed above have all been linked with Gardasil, the so-called "cervical cancer vaccine." And thanks to Pharma giant Merck, desperate parents and naive young women believe this vaccine saves livesŠ they couldn't be more wrong.<br />
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That's why HSI's Jenny Thompson has released a new video in which she exposes the deception for what it isŠand reveals some truly shocking information no one else is talking about.<br />
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And you are the very first to see it.<br />
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Please, if you have daughters, granddaughters or friends who might be considering this terrible vaccine, you must watch this video. And please forward it to anyone you think would benefit from the vital information it contains.<br />
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If you think you know the whole story on Gardasil, I think you'll be shocked by what you're about to see. Just click here to start watching the video . It's just a few minutes longŠand those few minutes might just save a young girl's life.<br />
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--Michele www.hsibaltimore.com/code_red_why.htmlCIA don't declassyfied anything..tag:saviorsofearth.ning.com,2009-04-15:2492330:BlogPost:1469492009-04-15T05:37:28.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
Pffffff they dont Declassifying anything only stories tell by different peoples who supposily work there!! CIA Declassifying lol i dont believe this they only release stupid report and testemony that no one will believe ! if they wanna convince me they should film a guided visit inside AREA 51 i dont need any proof of their excistence , only narrow mind sellfish humans believe that they are the only form of excistence in this vast universe enough said.. never trust any mainstream BS of CNN…
Pffffff they dont Declassifying anything only stories tell by different peoples who supposily work there!! CIA Declassifying lol i dont believe this they only release stupid report and testemony that no one will believe ! if they wanna convince me they should film a guided visit inside AREA 51 i dont need any proof of their excistence , only narrow mind sellfish humans believe that they are the only form of excistence in this vast universe enough said.. never trust any mainstream BS of CNN MSNBC FOX NEWS or the countless parasite sellfish medias that don't care about real information but only care about their $$$$$$$ i will never believe what any mainstream said and i never will, just like i will never believe any politicians on this planet.. CIA =(CROOK IN ACTION) coz thats what they are...No End in Sight .Mike Whitney Infowars April 11, 2009tag:saviorsofearth.ning.com,2009-04-11:2492330:BlogPost:1453102009-04-11T21:09:35.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
It’s been 21 months since two Bear Stearns hedge funds defaulted setting off a series of events which have led to the gravest economic crisis since the Great Depression. No one expected the financial meltdown to hit this hard or spread this fast. The failure at Bear triggered a freeze in the secondary market where mortgage loans are repackaged into securities and sold to investors. That market is now completely paralyzed cutting off 40 percent of funding for consumer and business loans and…
It’s been 21 months since two Bear Stearns hedge funds defaulted setting off a series of events which have led to the gravest economic crisis since the Great Depression. No one expected the financial meltdown to hit this hard or spread this fast. The failure at Bear triggered a freeze in the secondary market where mortgage loans are repackaged into securities and sold to investors. That market is now completely paralyzed cutting off 40 percent of funding for consumer and business loans and thrusting the broader economy into a deep recession. Banks and financial institutions have been forced to curtail their off-balance sheet operations and build their reserves which have ballooned from $45 billion to nearly $700 billion in the last 6 months alone. Like millions of homeowners who have seen their home equity vanish and their retirement savings slashed in half, the banks are hunkering down hoping they can outlast the deflationary hurricane ahead.<br />
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The deteriorating economic conditions have taken their toll on consumer confidence and forced businesses to lay off employees that won’t be needed during the slowdown. The system is bursting with overcapacity. Demand is falling faster than any time since the 1930s. Inventories will have to be trimmed and budgets cut to muddle through the down-times. Foreign trade has slowed to a crawl, auto sales are down by 40 percent or more, and unemployment is rising at 650,000 per month. Policymakers have pushed through a $800 billion stimulus plan, but it won’t be nearly enough to stop the steady rise in unemployment or take up the slack in an economy where industrial output has been cut in half, new home construction has dropped to record lows, and manufacturing has fallen off a cliff. Economists warn that when governments don’t step in and provide stimulus to increase aggregate demand, consumers cut back sharply on spending and push the economy deeper into depression.<br />
<br />
Treasury Secretary Geithner and Fed chief Bernanke have lent or committed $13 trillion trying to keep the financial system functioning, but they’ve only managed to plug a few holes and avoid a system-wide collapse. The financial system is hobbled and unable to provide sufficient credit to generate growth. Every sector has suffered cutbacks, layoffs and slimmer profits. The problems go beyond toxic assets or complex derivatives. The system is plagued with stagnation, overcapacity and redundancy. Economics professor Robert Brenner sums it up like this in an interview in the Asia Pacific Journal:<br />
<br />
Robert Brenner: "The current crisis is more serious than the worst previous recession of the postwar period, between 1979 and 1982, and could conceivably come to rival the Great Depression, though there is no way of really knowing. Economic forecasters have underestimated how bad it is because they have over-estimated the strength of the real economy and failed to take into account the extent of its dependence upon a buildup of debt that relied on asset price bubbles. In the U.S., during the recent business cycle of the years 2001-2007, GDP growth was by far the slowest of the postwar epoch. There was no increase in private sector employment. The increase in plants and equipment was about a third of the previous, a postwar low. Real wages were basically flat. There was no increase in median family income for the first time since World War II. Economic growth was driven entirely by personal consumption and residential investment, made possible by easy credit and rising house prices. Economic performance was weak, even despite the enormous stimulus from the housing bubble and the Bush administration’s huge federal deficits. Housing by itself accounted for almost one-third of the growth of GDP and close to half of the increase in employment in the years 2001-2005. It was, therefore, to be expected that when the housing bubble burst, consumption and residential investment would fall, and the economy would plunge. " ("Overproduction not Financial Collapse is the Heart of the Crisis", Robert P. Brenner speaks with Jeong Seong-jin, Asia Pacific Journal)<br />
<br />
The economy is now in a downward spiral. Tightening in the credit markets has made it harder for consumers to borrow or businesses to expand. Overextended financial institutions are forced to shed assets at firesale prices to meet margin calls from the banks. Asset deflation is ongoing with no end in sight. Price declines in housing have reached 30 percent already and are now accelerating on the downside. This is the nightmare scenario that Bernanke hoped to avoid; a capitulation in real estate that drags the rest of economy into a black hole. Economist Nouriel Roubini and market analyst Meredith Whitney predict that housing prices will drop another 20 percent before they hit bottom. Nearly half of all homeowners will be underwater and owe more on their mortgages than the current value of their homes. That will increase the foreclosures and push scores of banks into default. According to Merrill Lynch’s economist David Rosenberg:<br />
<br />
"It would take over three years to achieve price stability (in housing) The problem is that prices do not begin to stabilize until we break below eight months’ supply – and they tend to deflate 3% per quarter until that happens. So as impressive as it is that the builders have taken single-family starts below underlying sales, their efforts are just not sufficient to prevent real estate prices from falling further. In fact, even if the builders were to declare a moratorium immediately, that is, taking starts to zero, demand is so weak and the unsold inventory so intractable that it would now take over three years to achieve the holy grail of price stability in the residential real estate market."<br />
<br />
* A d v e r t i s e m e n t<br />
* efoods<br />
<br />
The main economic indicators all point to a long period of retrenchment ahead. The slowdown in global trade has hit Germany, Japan, and most of Asia particularly hard. The export-driven model of growth has suffered a major setback and won’t rebound for some time to come. With the US consumer unable to continue his debt-fueled spending spree, surplus countries will have to develop domestic markets for growth, but it won’t be easy. Chinese workers save 50 percent of what they earn and German workers already have a comfortable life without increasing personal consumption. Higher wages and lower interest rates can help stimulate demand, but cultural influences make it difficult to change spending habits. Meanwhile, the economy will continue to languish operating well below its optimum capacity.<br />
<br />
Capital flows have also suddenly reversed causing turmoil in the currency markets. January’s TIC data indicates that net capital outflows for the US were negative $148 billion in January. Capital is now fleeing the country. Financial protectionism has triggered the repatriation of foreign investment causing a sharp drop in the purchase of US sovereign debt. This is from Brad Setser, economist for the CFR:<br />
<br />
"The obvious implication of the recent downturn in total reserve holdings — and the $180 billion fall in q4 wasn’t driven by currency moves — is that the pace of growth in the world’s dollar reserves has slowed dramatically…<br />
<br />
The obvious implication: most of the 2009 US fiscal deficit WILL NEED TO BE FINANCED DOMESTICALLY. The Fed’s custodial data indicates central banks are still buying Treasuries, though at a somewhat slower pace than in late 2008. But their demand hasn’t kept up with issuance. (Foreign Central banks aren’t going to finance much of the 2009 US fiscal deficit; Their reserves aren’t growing anymore", Brad Setser, Council on Foreign Relations)<br />
<br />
The United States does not have the reserves to finance it own massive deficits which will soar to $1.9 trillion by the end of 2009. The Fed will have to increase its purchases of US Treasuries and monetize the debt. Foreign holders of Treasuries and dollar-backed assets ($5 trillion overseas) will be watching carefully as Bernanke revs up the printing presses to fight the recession and meet government obligations. China, Russia, Venezuela and Iran have already called for a change in the world’s reserve currency. It won’t happen overnight, but the momentum is steadily growing.<br />
<br />
The S&P 500 has soared 23 percent in the last four weeks, but the current bear market rally is misleading. The prospects for a quick recovery are remote at best. The fundamentals are all weak. Corporate profits are down, GDP is negative 6 percent, housing is in a shambles, and the banking system broken. The Fed has increased the money supply by 22 percent, but economic activity is at a standstill. The velocity at which money is spent is the slowest since 1987. Nothing is moving. The banks are hoarding, credit has dried up, and consumers are saving for the first time in 2 decades. The banks’ credit-conduit cannot function properly until bad assets are removed from their balance sheets. But the magnitude of the losses make it impossible for the government to purchase them outright without bankrupting the country. According to the Times Online, the IMF has increased its estimates of how much toxic mortgage-backed paper the banks are holding:<br />
<br />
"Toxic debts racked up by banks and insurers could spiral to $4 trillion, new forecasts from the International Monetary Fund (IMF) are set to suggest.<br />
<br />
The IMF said in January that it expected the deterioration in US-originated assets to reach $2.2 trillion by the end of next year, but it is understood to be looking at raising that to $3.1 trillion in its next assessment of the global economy, due to be published on April 21. In addition, it is likely to boost that total by $900 billion for toxic assets originated in Europe and Asia.<br />
<br />
Banks and insurers, which so far have owned up to $1.29 trillion in toxic assets, are facing increasing losses as the deepening recession takes a toll, adding to the debts racked up from sub-prime mortgages. The IMF’s new forecast, which could be revised again before the end of the month, will come as a blow to governments that have already pumped billions into the banking system."<br />
<br />
Since banks lend at a ratio of 10 to 1; the amount of credit cut off to the broader economy will ensure that sluggish growth well into the future. If there is a recovery, it will be weak. The Obama administration will have to increase its capital injections even though they will add to mushrooming deficits. So far, financial institutions have only written down $1 trillion or 25 percent of their losses. This means the banking system is insolvent. Eventually, Obama will have to resolve the bad banks and auction off troubled assets, even though political support is rapidly eroding. According to political analyst F. William Engdahl, most of the garbage assets are concentrated in the nation’s five biggest banks:<br />
<br />
"Today five US banks according to data in the just-released Federal Office of Comptroller of the Currency’s Quarterly Report on Bank Trading and Derivatives Activity, hold 96% of all US bank derivatives positions in terms of nominal values, and an eye-popping 81% of the total net credit risk exposure in event of default.<br />
<br />
The five are, in declining order of importance: JPMorgan Chase which holds a staggering $88 trillion in derivatives (€66 trillion!). Morgan Chase is followed by Bank of America with $38 trillion in derivatives, and Citibank with $32 trillion. Number four in the derivatives sweepstakes is Goldman Sachs with a ‘mere’ $30 trillion in derivatives. Number five, the merged Wells Fargo-Wachovia Bank, drops dramatically in size to $5 trillion. Number six, Britain’s HSBC Bank USA has $3.7 trillion. ("Geithner’s ‘Dirty Little Secret’: The Entire Global Financial System is at Risk", F. William Engdahl, Global Research)<br />
<br />
These five banking Goliaths are at the center of political power in America today. Their White House emissary, Timothy Geithner, has concocted a rescue plan–the Public-Private Investment Program–which will provide 94 percent funding from the FDIC for the purchase bad assets. The program is designed to keep asset prices artificially high while transferring the bulk of the losses to the taxpayer. The plan has been widely criticized and has even raised a few eyebrows even among usually-supportive members of the establishment like the Financial Times:<br />
<br />
"US banks that have received government aid, including Citigroup, Goldman Sachs, Morgan Stanley and JP Morgan Chase, are considering buying toxic assets to be sold by rivals under the Treasury’s $1,000bn (£680bn) plan to revive the financial system.<br />
<br />
The plans proved controversial, with critics charging that the government’s public-private partnership - which provide generous loans to investors - are intended to help banks sell, rather than acquire, troubled securities and loans.<br />
<br />
Banks have three options if they want to buy toxic assets: apply to become one of four or five fund managers that will purchase troubled securities; bid for packages of bad loans; or buy into funds set up by others. The government plan does not allow banks to buy their own assets, but there is no ban on the purchase of securities and loans sold by others." (The Financial Times)<br />
<br />
It’s a multi-billion dollar shell game with myriad opportunities for fraud. In theory, the banks could create their own off-balance sheet operations (SIVs or SPEs) and use them to purchase their own bad assets taking advantage of the government’s 94 percent low interest non recourse loans. It’s a blatant swindle and another windfall for Wall Street.<br />
<br />
Geithner’s plan does not fix the problems with the banks, it only delays the final outcome. The next leg-down in the recession will push many of the undercapitalized banks into receivership. Geithner’s PPIP won’t change that. As housing prices fall and foreclosures rise, the capital position of many of the banks will become untenable leading to a rash of bank failures. An article in Monday’s Wall Street Journal puts adds some historical perspective to today’s financial crisis:<br />
<br />
"The events of the past 10 years have an eerie similarity to the period leading up to the Great Depression. Total mortgage debt outstanding increased from $9.35 billion in 1920 to $29.44 billion in 1929. In 1920, residential mortgage debt was 10.2% of household wealth; by 1929, it was 27.2% of household wealth….<br />
<br />
The causes of the Great Depression need more study, but the claims that losses on stock-market speculation and a monetary contraction caused the decline of the banking system both seem inadequate. It appears that both the Great Depression and the current crisis had their origins in excessive consumer debt — especially mortgage debt — that was transmitted into the financial sector during a sharp downturn.<br />
<br />
Why does one crash cause minimal damage to the financial system, so that the economy can pick itself up quickly, while another crash leaves a devastated financial sector in the wreckage? The hypothesis we propose is that a financial crisis that originates in consumer debt, especially consumer debt concentrated at the low end of the wealth and income distribution, can be transmitted quickly and forcefully into the financial system. It appears that we’re witnessing the second great consumer debt crash, the end of a massive consumption binge." (From Bubble to Depression? Steven Gjerstad and Vernon L. Smith, Wall Street Journal)<br />
<br />
PARTY LIKE ITS 1929<br />
<br />
Two leading economic historians, Barry Eichengreen and Kevin H. Rourke, have written an article "A Tale of Two Depressions" which has been widely circulated on the Internet. It illustrates (with graphs) how the global economy is plummeting faster now than during the 1930s.<br />
http://www.voxeu.org/index.php?q=node/3421<br />
<br />
By nearly every objective standard, the present downturn is worse than the Great Depression. Manufacturing, industrial production, foreign trade, capital flows, consumer confidence, housing, and even stocks are falling faster today than after the crash of 1929. So far, Bernanke’s monetary bandaids have prevented the wholesale collapse of the financial system, but that could change. The economy continues its downhill slide and it looks like there’s nothing to stop it from falling further still.DEAR OBAMA. LOLtag:saviorsofearth.ning.com,2009-04-11:2492330:BlogPost:1450222009-04-11T05:30:00.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
ENOUGH SAID!! ENJOY THE POLITICS CIRCUS..<br />
<br />
…<a href="http://www.imagehosting.com/"><img alt="Image Hosting" border="0" src="http://img139.imageshack.us/img139/1953/4moredees.jpg"></img></a> <a href="http://www.imagehosting.com/"><img alt="Image Hosting" border="0" src="http://img117.imageshack.us/img117/162/chippsdees.jpg"></img></a> <a href="http://www.imagehosting.com/"><img alt="Image Hosting" border="0" src="http://img206.imageshack.us/img206/2439/constdees.jpg"></img></a> <a href="http://www.imagehosting.com/"><img alt="Image Hosting" border="0" src="http://img301.imageshack.us/img301/5383/feddees.jpg"></img></a> <a href="http://www.imagehosting.com/"><img alt="Image Hosting" border="0" src="http://img529.imageshack.us/img529/6722/feddsdees.jpg"></img></a> <a href="http://www.imagehosting.com/"><img alt="Image Hosting" border="0" src="http://img140.imageshack.us/img140/6061/foreclosuredess.jpg"></img></a> <a href="http://www.imagehosting.com/"><img alt="Image Hosting" border="0" src="http://img529.imageshack.us/img529/258/hatchdees.jpg"></img></a> <a href="http://www.imagehosting.com/"><img alt="Image Hosting" border="0" src="http://img95.imageshack.us/img95/4038/hillrydiebolddees.jpg"></img></a>
ENOUGH SAID!! ENJOY THE POLITICS CIRCUS..<br />
<br />
<a href="http://www.imagehosting.com/"><img src="http://img139.imageshack.us/img139/1953/4moredees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img117.imageshack.us/img117/162/chippsdees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img206.imageshack.us/img206/2439/constdees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img301.imageshack.us/img301/5383/feddees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img529.imageshack.us/img529/6722/feddsdees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img140.imageshack.us/img140/6061/foreclosuredess.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img529.imageshack.us/img529/258/hatchdees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img95.imageshack.us/img95/4038/hillrydiebolddees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img145.imageshack.us/img145/3245/hooksdees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img515.imageshack.us/img515/2804/hornsdees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img95.imageshack.us/img95/5858/iluminatiflagdees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img111.imageshack.us/img111/328/jetfueldees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img95.imageshack.us/img95/9159/monsterdees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img145.imageshack.us/img145/3813/msgdees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img509.imageshack.us/img509/2442/newsheepledees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img529.imageshack.us/img529/5826/nuniondees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img509.imageshack.us/img509/210/pledegedees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img102.imageshack.us/img102/1900/queenmakerdees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img60.imageshack.us/img60/236/showdees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img218.imageshack.us/img218/7783/sn0wdees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img218.imageshack.us/img218/1327/sweardees2.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img210.imageshack.us/img210/1640/taserlibdees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img95.imageshack.us/img95/5837/trckdees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img123.imageshack.us/img123/7590/worship2dees.jpg" border="0" alt="Image Hosting"/></a><a href="http://www.imagehosting.com/"><img src="http://img48.imageshack.us/img48/4318/xmas2dees.jpg" border="0" alt="Image Hosting"/></a>David Icke stopped at Melbourne immigration and told he must pass ‘character test’ and not ‘incite discord’ in Australiatag:saviorsofearth.ning.com,2009-04-08:2492330:BlogPost:1437522009-04-08T17:05:48.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
DavidIcke.com<br />
Tuesday, April 7, 2009<br />
<br />
I have, shall we say, a pretty good idea who is behind the unbelievable nonsense that insists that a man arriving in Australia to say that we must love each other no matter what our beliefs, race, politics or income bracket, has to pass a ‘Character Test’ or be banned from speaking to a public audience?<br />
<br />
The document said that the Australian Government supports freedom of speech, but of course it doesn’t because it only supports the ‘freedom’ to speak…
DavidIcke.com<br />
Tuesday, April 7, 2009<br />
<br />
I have, shall we say, a pretty good idea who is behind the unbelievable nonsense that insists that a man arriving in Australia to say that we must love each other no matter what our beliefs, race, politics or income bracket, has to pass a ‘Character Test’ or be banned from speaking to a public audience?<br />
<br />
The document said that the Australian Government supports freedom of speech, but of course it doesn’t because it only supports the ‘freedom’ to speak within the bounds that it sets. This is not ‘freedom of speech’ at all, but only the ‘freedom’ to speak within the bounds dictated by the government. The document says:<br />
<br />
‘Section 501 of the Migration Act 1958 (“the Act”) provides a discretionary power to refuse to grant, or to cancel, a visa if a non-citizen does not meet the requirements of the “Character Test”. A non-citizen will not meet the requirements of the Character Test if, among other things, there is a significant risk that they will vilify, incite discord in, or represent a danger to, the Australian community or a segment of the Australian community.’<br />
<br />
When I arrived at the immigration desk at Melbourne Airport I was amazed at how quickly the lady stamped my passport without asking any questions. But the reason became clear as she handed my documents to a guy behind her and not to me.<br />
<br />
(ARTICLE CONTINUES BELOW)<br />
<br />
David Icke stopped at Melbourne immigration and told he must pass character test and not ‘incite discord’ in Australia obama 340x169<br />
<br />
‘Could you please go with this man, sir’, are words I have heard many times, especially in Canada, and the immigration gentlemen was clearly waiting for me, not least because he knew my name without looking at the documents. He then led me to another lady who took me into a bright, white, Agent Smith-type room.<br />
<br />
I must stress, however, that everyone was extremely pleasant and courteous and I have no problem with these people at all. They were just doing what they were told to do. I was handed the document below and asked to sign it if I was going to be allowed in the country. I did so because I have no intention of vilifying anyone in Australia and because my signature only related to confirming I had read the document, not that I agreed with it.<br />
<br />
I said to the lady that I had come to Australia to say that if we are going sort out this crazy world we have to love each other irrespective of our differences. She seemed embarrassed and said she knew nothing of what I was saying.<br />
<br />
The people with the biggest problem are those individuals, and the groups they represent, who are so full of their own sense of superiority – and so full of fear – that they feel the need to dictate what others can and cannot say.<br />
<br />
Imagine living with that every day. Nightmare.<br />
<br />
You will see by the way the document is worded that the ‘minister’ can basically decree who can and cannot come into the country by deciding what does and does not constitute the term ‘incite discord’. Does it not incite discord, for example, if someone exposes that the Australian government is corrupt. Yes, discord, called outrage, among the population who suffer as a result.<br />
<br />
Under the terms of this document, the minister could prevent someone coming into the country to expose such corruption. What kind of free country is that?<br />
<br />
The document will be posted here later.LOL!!!!!!!!tag:saviorsofearth.ning.com,2009-04-08:2492330:BlogPost:1434722009-04-08T00:32:23.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
<a href="http://img16.imageshack.us/my.php?image=dees4.jpg"><img src="http://img16.imageshack.us/img16/8035/dees4.jpg" border="0" alt="Image Hosted by ImageShack.us"/></a><br/>
<br />
<a href="http://img9.imageshack.us/my.php?image=debtdees.jpg"><img src="http://img9.imageshack.us/img9/1822/debtdees.jpg" border="0" alt="Image Hosted by ImageShack.us"/></a><br/>
<a href="http://img16.imageshack.us/my.php?image=dees4.jpg"><img src="http://img16.imageshack.us/img16/8035/dees4.jpg" border="0" alt="Image Hosted by ImageShack.us"/></a><br/>
<br />
<a href="http://img9.imageshack.us/my.php?image=debtdees.jpg"><img src="http://img9.imageshack.us/img9/1822/debtdees.jpg" border="0" alt="Image Hosted by ImageShack.us"/></a><br/>PLEASE DON'T RIOT David Icke (a must read..)tag:saviorsofearth.ning.com,2009-04-03:2492330:BlogPost:1415412009-04-03T06:44:26.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
http://www.davidicke.com/content/view/20744
http://www.davidicke.com/content/view/20744Download this Roswell ufo cover up movie it ruletag:saviorsofearth.ning.com,2009-04-01:2492330:BlogPost:1409562009-04-01T20:44:01.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
With Kyle MacLachlan (Twin Peaks)<br />
Martin Sheen (West Wing)<br />
John M. Jackson (Commander from JAG)<br />
Peter MacNicol (Dr. Fleinhardt from Numb3rs)<br />
<br />
<br />
Plot: A major who actually witnessed the (in)famous UFO landing in Roswell in 1947, looks back on what really happened. He had a hard time trying to convince his superiors that he did not find just a weather balloon. Adapted from real-life events portrayed in the book 'UFO Crash at Roswell' by Kevin Randle and Donald Schmitt. With scenes from the…
With Kyle MacLachlan (Twin Peaks)<br />
Martin Sheen (West Wing)<br />
John M. Jackson (Commander from JAG)<br />
Peter MacNicol (Dr. Fleinhardt from Numb3rs)<br />
<br />
<br />
Plot: A major who actually witnessed the (in)famous UFO landing in Roswell in 1947, looks back on what really happened. He had a hard time trying to convince his superiors that he did not find just a weather balloon. Adapted from real-life events portrayed in the book 'UFO Crash at Roswell' by Kevin Randle and Donald Schmitt. With scenes from the original crash site and the well-known autopsy of the aliens. v link....<br />
<br />
link.. http://thepiratebay.org/details.php?id=4341654&del<br />
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<br />
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<br />
<br />
<a href="http://img13.imageshack.us/my.php?image=aaoelaabf.jpg"><img src="http://img13.imageshack.us/img13/6553/aaoelaabf.jpg" border="0" alt="Image Hosted by ImageShack.us"/></a><br/>Area 51 pilot phones Art Bell-REAL original broadcasttag:saviorsofearth.ning.com,2009-04-01:2492330:BlogPost:1407172009-04-01T05:40:35.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
http://www.youtube.com/watch?v=Z4ASP3aKVj4
http://www.youtube.com/watch?v=Z4ASP3aKVj4The new bush shoes trower WII game cover arttag:saviorsofearth.ning.com,2009-04-01:2492330:BlogPost:1406842009-04-01T02:48:29.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
IN STORE SOON RATED NWO... HAHAHAHA!!<br />
<br />
<p style="text-align: left;"><img src="http://storage.ning.com/topology/rest/1.0/file/get/1560380272?profile=original" alt="" width="548" height="487"/></p>
IN STORE SOON RATED NWO... HAHAHAHA!!<br />
<br />
<p style="text-align: left;"><img src="http://storage.ning.com/topology/rest/1.0/file/get/1560380272?profile=original" alt="" width="548" height="487"/></p>The Gentleman Clifford Stone most recent interview..tag:saviorsofearth.ning.com,2009-03-28:2492330:BlogPost:1392572009-03-28T00:55:39.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
This is a wonderfull peacefull human being that is Sgt Clifford Stone in this most recent interview<br />
<br />
http://www.consciousmedianetwork.com/members/cstone.htm<br />
<br />
Cliford Stone also have is own website..<br />
<br />
www.spuntk.org
This is a wonderfull peacefull human being that is Sgt Clifford Stone in this most recent interview<br />
<br />
http://www.consciousmedianetwork.com/members/cstone.htm<br />
<br />
Cliford Stone also have is own website..<br />
<br />
www.spuntk.orgWith any luck, the economy will never recover.tag:saviorsofearth.ning.com,2009-03-26:2492330:BlogPost:1388152009-03-26T22:30:00.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
By Douglas Rushkoff:<br />
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Posted March 25, 2009<br />
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(3/15/09)<br />
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With any luck, the economy will never recover.<br />
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In a perfect world, the stock market would decline another 70 or 80 percent along with the shuttering of about that fraction of our nation’s banks. Yes, unemployment would rise as hundreds of thousands of formerly well-paid brokers and bankers lost their jobs; but at least they would no longer be extracting wealth at our expense. They would need to be fed, but that would be a lot cheaper…
By Douglas Rushkoff:<br />
<br />
<br />
Posted March 25, 2009<br />
<br />
(3/15/09)<br />
<br />
<br />
<br />
<br />
With any luck, the economy will never recover.<br />
<br />
In a perfect world, the stock market would decline another 70 or 80 percent along with the shuttering of about that fraction of our nation’s banks. Yes, unemployment would rise as hundreds of thousands of formerly well-paid brokers and bankers lost their jobs; but at least they would no longer be extracting wealth at our expense. They would need to be fed, but that would be a lot cheaper than keeping them in the luxurious conditions they’re enjoying now. Even Bernie Madoff costs us less in jail than he does on Park Avenue.<br />
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Alas, I’m not being sarcastic. If you had spent the last decade, as I have, reviewing the way a centralized economic plan ravaged the real world over the past 500 years, you would appreciate the current financial meltdown for what it is: a comeuppance. This is the sound of the other shoe dropping; it’s what happens when the chickens come home to roost; it’s justice, equilibrium reasserting itself, and ultimately a good thing.<br />
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I started writing a book three years ago through which I hoped to help people see the artificial and ultimately dehumanizing landscape of corporatism on which we conduct so much of our lives. It’s not just that I saw the downturn coming—it’s that I feared it wouldn’t come quickly or clearly enough to help us wake up from the self-destructive fantasy of an eternally expanding economic frontier. The planet, and its people, were being taxed beyond their capacity to produce. Try arguing that to a banker whose livelihood is based on perpetuating that illusion, or to people whose retirement incomes depend on just one more generation falling for the scam. It’s like arguing to Brooklyn’s latest crop of brownstone buyers that they’ve invested in real estate at the very moment the whole market is about to tank. (I did; it wasn’t pretty.)<br />
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Now that the scheme we have mistaken for the real economy is collapsing under its own weight, however, it’s a whole lot easier to make these arguments. And, if anything, it’s even more important for us to come to grips with the fact that the system in peril is not a natural one, or even one that we should be attempting to revive and restore. The thing that is dying—the corporatized model of commerce—has not, nor has it ever been, supportive of the real economy. It wasn’t meant to be. And before we start lamenting its demise or, worse, spending good money after bad to resuscitate it, we had better understand what it was for, how it nearly sucked us all dry, and why we should put it out of our misery.<br />
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Chartered Corporations<br />
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Back in the good ol’ days—I mean as far back as the late middle ages—people just did business with each other. As traveling got easier and people got access to new resources and markets, a middle class of merchants and small businesspeople started to get wealthy. So wealthy that they threatened the power of the aristocracy. Monarchs needed to come up with a way to stabilize their own wealth before the free market unseated them.<br />
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They invented the corporate charter. By granting an exclusive charter, a king could give one of his friends in the merchant class monopoly control over a region or sector. In exchange, he’d get shares in the company. So the businessperson no longer had to worry about competition—his position at the top of the business hierarchy was locked in place, by law. And the monarch never had to worry about losing his authority; businesses with crown-guaranteed charters tend to support the crown.<br />
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But this changed the shape of business fundamentally. Instead of thriving on innovation and progress, corporate monopolies simply sought to extract wealth from the regions they controlled. They didn’t need to compete, anymore, so they just sucked resources from places and people. Meanwhile, people living and working in the real world lost the ability to generate value by or for themselves.<br />
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For example: In the 1700s, American colonists were allowed to grow corn but they weren’t allowed to do anything with it–except sell it at fixed prices to the British East India Trading Company, the corporation sanctioned by England to do business in the colonies. Colonists weren’t allowed to sell their cotton to each other or, worse, make clothes out of it. They were mandated, by law, to ship it back to England where clothes were fabricated by another chartered monopoly, then shipped back to America where they could be purchased. The American war for independence was less a revolt against England than a revolt against her chartered corporations.<br />
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The other big innovation of the early corporate era was monopoly currency. There used to be lots of different kinds of money. Local currencies, which helped regions reinvest in their own activities, and centralized currencies, for long distance transactions. Local currencies were earned into existence. A farmer would grow a bunch of grain, bring it to the grain store, and get receipts for how much grain he had deposited. The receipts could be used as money—even by people who didn’t need grain at that particular moment. Everyone knew what it was worth.<br />
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The interesting thing about local, grain-based currencies was that they lost value over time. The people at the grain store had to be paid, and a certain amount of grain was lost to rain or rodents. So every year, the money would be worth less. This encouraged people to spend it rather than save it. And they did. Late Middle Ages workers were paid more for less work time than at any point in history. Women were taller in England in that era than they are today—an indication of their relative health. People did preventative maintenance on their equipment, and invested in innovation. There was so much extra money looking for productive investment, that people built cathedrals. The great cathedrals of Europe were not paid for with money from the Vatican; they were local investments, made by small towns looking for ways to share their prosperity with future generations by creating tourist attractions.<br />
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Local currencies favored local transactions, and worked against the interests of large corporations working from far away. In order to secure their own position as well as that of their chartered monopolies, monarchs began to make local currencies illegal, and force locals to instead use “coin of the realm.” These centralized currencies worked the opposite way. They were not earned into existence, they were lent into existence by a central bank. This meant any money issued to a person or business had to be paid back to the central bank, with interest.<br />
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What does that do to an economy? It bankrupts it. Think of it this way: A business borrows 1000 dollars from the bank to get started. In ten years, say, it is supposed to pay back 2000 to the bank. Where does the other 1000 come from? Some other business that has borrowed 1000 from the bank. For one business to pay back what it owes, another must go bankrupt. That, or borrow yet another 1000, and so on.<br />
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An economy based on an interest-bearing centralized currency must grow to survive, and this means extracting more, producing more and consuming more. Interest-bearing currency favors the redistribution of wealth from the periphery (the people) to the center (the corporations and their owners). Just sitting on money—capital—is the most assured way of increasing wealth. By the very mechanics of the system, the rich get richer on an absolute and relative basis.<br />
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The biggest wealth generator of all was banking itself. By lending money at interest to people and businesses who had no other way to conduct transactions or make investments, banks put themselves at the center of the extraction equation. The longer the economy survived, the more money would have to be borrowed, and the more interest earned by the bank.<br />
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Financial Meltdown<br />
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Which is pretty much how things have worked over the past 500 years to today. So what went wrong? Nothing. The system worked exactly as it was supposed to. The problem was that after America’s post WWII expansion, there was really no longer any real growth area in the economy from which to extract wealth. We were producing and consuming about as much as we could. Almost no commercial activity was occurring outside the corporate system. There was no room left to grow. Sure, outsourcing, lay-offs, and technology created some efficiencies, but wars, rising costs of health care, and exchange rates essentially offset any gains.<br />
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Making matters worse, all that capital that the wealthy had accumulated needed markets—even fake markets—in which to be invested. There was a ton of money out there—just nowhere to put it. Nothing on which to speculate.<br />
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The dot.com boom seemed to offer the promise of a new market, but it fizzled almost as quickly as it rose. So speculators turned instead to real assets, like corn, oil, even real estate. They started investing speculatively on the things that real people need to stay alive. What real people didn’t understand was that there is no way to compete against speculators. Speculators aren’t buying homes in which to live—they are buying houses to flip. Speculators aren’t buying corn to eat or oil to burn, but bushels to hoard and tankers to park off shore until prices rise. The fact that the speculative economy for cash and commodities accounts for over 95% of economic transactions, while people actually using money and consuming commodities constitute less than 5% tells us something important. Real supply and demand have almost nothing to do with prices. We do not live in an economy, we live in a Ponzi scheme.<br />
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Luckily for us, the banks, and the speculators depending on them, made a bad wager: they bet on our continuing capacity to provide a reality on which to base their highly leveraged schemes. We just couldn’t do it. They put us between a rock and a hard place. With George W’s help, they sold us on the notion of home ownership as a prerequisite to the American dream. And they created a number of loan products which made it look as if we could actually afford over-priced homes. The banking industry spent hundreds of millions of dollars lobbying for laws making bankruptcy difficult or impossible for average people to accomplish—while simultaneously selling average people loans that they would never be able to pay back.<br />
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The banks didn’t really care, anyway, since they never meant to keep these loans. They simply provided the cash to mortgage companies, who then packaged the loans. In return for putting up the original cash, the banks also won the right to underwrite the sale of those mortgage packages to investors—investors like pension funds, retirement funds, or you and me. Get it? The banks get all the interest, but we put up all the money. Our retirement accounts and pension funds invest in the very mortgages that we can’t pay back. The bank collects any interest, playing both sides of the equation but responsible for neither.<br />
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And when the whole scheme begins to break down, what do we do? We try to bail out the very banks that created the mess, under the premise that we need these banks in order for business to come back, since only banks can lend the capital required for businesses to flourish.<br />
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Yes, It is Wrong<br />
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President Obama may be smarter than most of us, but he’s still attempting to rescue the very institutions that robbed us in the first place. He’s not a socialist, as conservatives may be arguing, but he is a corporatist. Using future tax dollars to fund government job programs is one thing. Using future tax dollars to give banks more money to lend out at interest is robbing from the poor to pay the rich to rob from the poor.<br />
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As painful as it might be to watch, and as irritating as it might be to those with shrinking retirement savings, the collapse of the centralized corporate economy is ultimately a good thing. It makes room for a real economy to rise up in its place. And while it may be temporarily uncomfortable for the rich, and even temporarily devastating for the poor, it may be the fastest and least violent way to dismantle a system set in place for the benefit of 14th Century monarchs who have long since left this earth.<br />
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If the corporate supermarket chain’s debt structure renders it incapable of stocking its shelves this spring, this may be the wake-up call that consumers need to finally subscribe to a Community Supported Agriculture farmer. If the former associate fund analyst at Lehman realizes that he is unable to get a job not just because his industry is contracting but because his work day creates no real value for anyone at all, he will be forced to learn how to do something that does. If an urban elite parent realizes he can no longer pay private school tuition for his kids, maybe he’ll consider donating to public school the time he would have spent earning that tuition.<br />
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In short, the less we are able to depend on business-as-usual to provide for our basic needs, the more we will be forced to provide them for ourselves and one another. Sometimes we’ll do this for free, because we like each other, or live in the same community. Sometimes we’ll exchange services or favors. Sometimes we’ll use one of the alternative, local currencies coming into use across the country as Central bank-issued currencies become too hard to get without a corporate job.<br />
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Deprived of centralized banks and corporations, we’ll be forced to do things again. And in the process, we’ll find out that these institutions were not our benefactors at all. They were never meant to be. They were invented to mediate transactions between people, and extract the value that would have passed between us. Far from making commerce or industry more efficient, they served to turn the real world into a set of speculative assets, and real people into debtors.<br />
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The current financial crisis is the best opportunity we have had in a very long time for a bloodless revolution against the faceless fascism under which we have been living, unaware, for much too long. Let us seize the day.Recession will end this year???????? A group of financial wizards looked into their crystal balltag:saviorsofearth.ning.com,2009-03-26:2492330:BlogPost:1387962009-03-26T22:20:54.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
A group of financial wizards looked into their crystal ball Tuesday and saw some good news.<br />
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The recession will ease by the end of this year and companies will begin adding workers, signaling the end of the worst economic downturn since the Great Depression.<br />
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It was the 64th day of the Obama administration and Chicago-based Dow Jones Indexes assembled a group of financial experts to assess the impact of government actions, whether they will work to stem the recession and what opportunities that…
A group of financial wizards looked into their crystal ball Tuesday and saw some good news.<br />
<br />
The recession will ease by the end of this year and companies will begin adding workers, signaling the end of the worst economic downturn since the Great Depression.<br />
<br />
It was the 64th day of the Obama administration and Chicago-based Dow Jones Indexes assembled a group of financial experts to assess the impact of government actions, whether they will work to stem the recession and what opportunities that might present investors.<br />
<br />
The recession has affected every region of the country and nearly every sector of the economy, said Gus Faucher, director of macroeconomics at Moody's Economy.com, which conducts independent research and provides economic forecasts.<br />
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"It's really unprecedented in the U.S. to have nearly the entire country in a recession simultaneously," he said.<br />
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The good news is there's an end in sight.<br />
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The economy will pull out of the recession at the end of this year, marking a duration of 24 months, about twice as long as the average post-World War II recession, Faucher said.<br />
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The unemployment rate is expected to peak at nearly 10 percent in the first half of 2010. Without the $787 billion government stimulus package, he estimated job losses would have continued into the second half of the year and peaked at about 12 percent.<br />
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"That would take what is now a severe recession and actually turn it into a deep depression," he said. "We think the fiscal stimulus package is vital in turning around attitudes toward the economy."<br />
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He said we are at or near a stock market bottom and stock prices should soon stabilize.<br />
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That certainly wasn't the case so far this week. The Dow Jones industrial average gained 498 points on Monday but dropped 115 points, or 1.5 percent, on Tuesday.<br />
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Home sales will turn around by midyear and home prices will begin recovering by the end of this year after bottoming out at 35 percent of their value from peak to trough. Home prices won't return to their values of a few years ago during the boom, but will recover from current lows, he said.<br />
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Banks will likely begin seeing improvement in capital as the government program to remove bad assets kicks in and the Federal Reserve provides more economic support. Faucher predicted major bank and financial services company failures will abate in the second half of this year and credit will begin to move again.<br />
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Those improvements and additional government spending will provide investors some opportunities in companies that own bridges, toll roads and utilities. It also will drive growth in areas of green energy production.<br />
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The stimulus package will spend $50 billion on roads, bridges, utilities and other infrastructure, said Craig Noble, portfolio manager, for Brookfield Redding LLC, a Chicago-based investment manager of global real estate and infrastructure securities.<br />
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He sees a potential sweet spot for investors in companies that own the assets that will benefit from the needed spending. He said the stimulus package is only a small portion of government spending on transportation and utilities. Congress must reauthorize this year a multiyear transportation bill that provides hundreds of billions of dollars in spending and sets priorities for the next five years or more.<br />
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"The infrastructure class currently offers a unique and compelling investment case with trillions needed to be spend across the globe in coming years," he said.<br />
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Stimulus packages rolled out in Canada, Europe, Australia, South America and China show the global nature of the infrastructure asset class, he said.<br />
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Obama administration polices that emphasize renewable energy such as wind power will also push billions of dollars into building electricity-carrying power lines and the towers to hold them. That construction is needed to carry wind power from expanding wind turbine farms in the Midwest to population centers in the Eastern United States.<br />
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Personal Finance Writer David Pitt reported from Des Moines, Iowa.I hate GEORGE GREENtag:saviorsofearth.ning.com,2009-03-25:2492330:BlogPost:1383392009-03-25T22:18:12.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
i just read an interview with him , this man seem to have not a single message of hope and he seem to enjoy and laughing about this glogal ecconomic collapse damn this man said awfull things and he is enjoy this doom and gloom worstcase scenario i am rarely vulgar but f##ck him and he can kiss my ass
i just read an interview with him , this man seem to have not a single message of hope and he seem to enjoy and laughing about this glogal ecconomic collapse damn this man said awfull things and he is enjoy this doom and gloom worstcase scenario i am rarely vulgar but f##ck him and he can kiss my assTons of chemtrails in the skietag:saviorsofearth.ning.com,2009-03-25:2492330:BlogPost:1381932009-03-25T19:00:45.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
I never seen anything quit like that! there is shit all over the skie today i saw them before but not many has today wtf ? i am form quebec(canada) i live in the small town of st-jerome ! i never saw many like that before! what are these SOB are spreading or try to block ? shame i have not a camera to take pics.i am starting to be concern about this
I never seen anything quit like that! there is shit all over the skie today i saw them before but not many has today wtf ? i am form quebec(canada) i live in the small town of st-jerome ! i never saw many like that before! what are these SOB are spreading or try to block ? shame i have not a camera to take pics.i am starting to be concern about thisWe must boycot mainstream media along with this revolution coming..tag:saviorsofearth.ning.com,2009-03-17:2492330:BlogPost:1355052009-03-17T04:58:38.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
With this revolution coming we should also boycot the BS mainstream media that never tell true information they are only on air for their $$$ and paycheck they dont give a damn about the so called real info they are the most ass kissing corporate assholes in your TV.. boycot CNN FOX NEWS and every goddamn mainstream channel you can find boycot them all enough is enough
With this revolution coming we should also boycot the BS mainstream media that never tell true information they are only on air for their $$$ and paycheck they dont give a damn about the so called real info they are the most ass kissing corporate assholes in your TV.. boycot CNN FOX NEWS and every goddamn mainstream channel you can find boycot them all enough is enoughITS MY B-DAY TODAYtag:saviorsofearth.ning.com,2009-03-17:2492330:BlogPost:1354792009-03-17T04:03:02.000ZMartinhttps://saviorsofearth.ning.com/profile/Martin2012
I JUST TURN UP 36 AT MIDNIGHT.
I JUST TURN UP 36 AT MIDNIGHT.