Dr. Jekyll And Mr. Hyde Conspire To Destroy Us

January 17, 2008

Elaine Meinel Supkis

As the top bankers conspire to keep the Japanese carry trade status quo going the Dragon of China works to stop it. The Dragon will win in the end. Time to talk about the Federal Reserve as Bernake says all kinds of insane things to Congress. We have to remember things about Jekyll Island in 1913 and the magic of the creation of the Federal Reserve. For our ruling elites are Dr. Jekyll and Mr. Hyde. One and the same, the kind masters and the hideous monster that wants to beat us to death! Gold is now flowing to China where it fetches more than $10 an ounce than in the West where we are ruled by mad bankers who want to destroy us.

Bernanke Aims to Avoid Reprising Greenspan `Regret' on Stimulus

Federal Reserve Chairman Ben S. Bernanke may encourage lawmakers today to stimulate the economy while aiming to avoid his predecessor's ``regret'' of being tied to specific measures.

Legislators will question the Fed chief on steps to avoid the first recession since 2001 when he testifies to the House Budget Committee in Washington. Bernanke told members of Congress this week that some kind of fiscal stimulus is needed, according to Democratic lawmakers.

Former Chairman Alan Greenspan ``misjudged'' the environment in which he endorsed tax cuts in 2001, and had ``intense'' regret the eventual legislation excluded his specific guidance, he wrote in his 2007 book. Bernanke will try to avoid backing any particular tax or spending policies because doing so could earn criticism from legislators who oppose them, putting the Fed's reputation for independence at risk, analysts said.

In 1913, the bankers who conspired to create the Federal Reserve while secretly meeting at Jekyll Island [hahaha, there is a connection between 'Dr. Jekyll and Mr. Hyde' here!] they announced to the public that this new bank was going to be totally free of any political controls or influences. They proved this instantly by passing the laws founding this bank quickly in Congress with as much debate as the equally odious Homeland Security Laws: none. So this gigantic bank was given the keys to Fort Knox and our entire financial systems with no way anyone can get them to change their stripes or alter their course. Not that many politicians dare try this.

On the left, many people wonder why some of us support Ron Paul. Some imagine this is due to his uncompromising, old-fashioned conservative view about empire and wars. But in my case, it is his relentless attacks on the very foundation of the Federal Reserves that amuses and amazes me. He reminds me of my rock-hard conservative grandfather. Except my grandfather was an ardent Unionist, born right after the Civil War to a Union Cavalry officer.

It is amazing and horrifying, watching Bernanke, a Tool of the First Order or rather, the New World Order, telling Congress, he is an independent man who isn't influenced by Cramer screaming, 'There is BLOOD in the streets! ARRRRGH!' Nope. He simply decides on whim, what to do. Ahem. *cough* *cough*

The Fed certainly never listens to a particular segment of the population: the working classes. And retirees. And savers. This is about 75% of the nation. He ignores them all. Totally and all the time. The representatives who are supposed to be our collective voices also don't hear us. Even if they did, they can't talk to Bernanke. On the other hand Gollum Sachs has a direct line to Bernanke's brain. If this organization, the same one that runs our Treasury, if Goldman Sachs feels the slightest pain, even if they are cheating customers who are being destroyed, if THEY feel this damn pain, Bernanke is all ears!

And this was set up deliberately by the richest men in America when they met on Jekyll Island. Robert Lewis Stevenson wrote the great story, 'Dr. Jekyll and Mr. Hyde' back in 1886 and was a best seller during the youth of the rich men who set up the Federal Reserve. The story is seldom read by most people who know mostly only the movies. But I read the book, my grandfather gave me it long ago. And the key to this story is Dr. Jekyll is a loving man who desires only to save humanity and fix their problems. He is very kind and thoughtful and is a pillar of the community. He then drinks this magic potion that will separate good from evil.

It works. He is infinitely good but at night, his dark side takes over when he goes to sleep and it does pure evil! It destroys everything he built when he was Dr. Jekyll!

I am a believer in the magic of money. It has been recognized as a dual force since the conception of wealth was thought of about 12,000 years ago. When the copper and gold age turned into the bronze and then iron ages, philosophers and religious leaders all recognized how this process was moving us relentlessly from innocence to degeneration. The duality of wealth is very stark: it brings life to the holders but is based on and connected to death. On top of this, it is very much connected to the Magician.

In the case of Jekyll Island: this place was selected for the secret meetings of the very rich in order to change democracy and stop workers who were organizing and were reading Karl Marx. They not only needed to seize control of the banking and financial systems, they needed black magic. The selection of the hunting lodge at Jekyll Island was a deliberate choice. They knew they would appear as Dr. Jekyll in public, bringing order and safety to the American people.

But they knew they were doing this so they could bring war, destruction of the workers, and death! This dual nature of our central bankers who we have no control over but who are controlled by the biggest banking houses in the world, is not looking after us. They are preparing us for slaughter in true Mr. Hyde fashion. I bet they thought they were very clever, using Jekyll Island as their launch pad. Since these very same men also use black magic at the Skull and Bones and the Bohemia Club, as well as covens within the Masonic Temple, they thought this would add strength of a mystical sort, to their dark deeds.

I always sound crazy when I talk about all this but alas, this is a very strong thread in the woof and weave of the history of the Americas since the earliest days when Europeans fled the witch hunts, for example. Ahem, *cough* *cough*

Analyst Max Keiser investigates the ill health and possible demise of the dollar.

Onwards! Bernanke doesn't want to do what Greenspan did: drop rates and then have Congress and the Emperor drop taxes. Greenspan didn't drop rates because workers were in pain back then. Far from it! He was raising rates for a year during the election which made things look bad for the incumbent runner for ruler. Bush was pushed into the White House and instantly, the same week, Greenspan dropped rates like a rock, flooding the nation with funny money. All this, while Bush openly pushed for tax cuts he talked about all the previous year.

Greenspan didn't give a hoot. He continued as Bush did the same. In tandem. His book is his way of trying to cover up his Mr. Hyde activities by making it look like poor Dr. Jekyll was trying his hardest to be very, very nice! Well, Congress doesn't control the Fed, but the rich who made the Fed control Congress. And they will cut taxes because this keeps the workers quiet. There is a huge fly in this ointment: who is going to buy our debts?

Up until now, it was first, Japan, then China. Now, it is the Saudis. All of them bought in order to control the US and the Mr. Hydes running the Federal Reserve and the Dr. Jekylls in Congress wishing to save us from pain, have joined to sell us to our direst trade rivals and enemies. The great majority of attackers on 9/11 were Saudis, some from the very, very highest levels of society there, not disaffected proles. Thanks to the Federal Reserve and our leaders, these very same people increasingly own our government as well as our business community. Bernanke's sweet Dr. Jekyll desire to prevent economic pain by dropping interest rates so we can sink into even deeper debt will turn into a spectacular Mr. Hyde moment when our rivals and enemies come here to collect the debts due!

From Yahoo Charts: we are nearly exactly where the DOW was last year on this very day. Click on image to enlarge.

We are at an interesting moment here. During the last year, a flood of equity has poured into our markets from the carry trade in Japan. It caused a 1,500 pt bubble in our markets that is totally fake. Nearly all of this was due to hot trading based on plans of various pirates and hell hounds to dump this debt onto corporations so we had a very nasty buy-up/hostile-take-over spree which the Fed and Congress should had halted instantly by killing the Japanese carry trade.

Far from it!

Japanese stock market plunge rattles Fukuda

Japan's prime minister Yasuo Fukuda has pledged to intervene if necessary to prevent a disorderly plunge of the Tokyo bourse amid fears that the country may be sliding back into recession. Mr Yasuo Fukuda underlined the gravity of fast-unfolding events in Japan by warning that the economy was now in such a "delicate" state that it would be unwise to call a general election.

The conspirators who run Japan through the very undemocratic and conservative Liberal Democratic Party are quick to call for a coup, aren't they? They know they are very unpopular with the long-suffering Japanese people and are losing elections. So why not use the excuse of the economic mess they made to cease having democracy and go back to open despotic rule? After all, these guys are all sons of either war criminals or criminals! They want to go back to the Good Old Days. Banzai! Here in the US, many of us have the unsettling fear that after the Supreme Court suspended simple counting of votes in Florida, they will suspend ALL counting of votes on the flimsiest of excuses.

Japan's carry trade is the fundamental basis of all wealth generation of the last 5 years. Once everyone figured out how to exploit this, the entire financial system's status quo became based on it. But the rising value of the yen is killing the carry trade and all parties within the US, Europe and the UK want the carry trade to resume which is why they never ever demanded the yen rise in value all these years even as Japanese businesses undercut profits of western businesses.

The Nikkei index has dropped 11pc in barely two weeks, recording the worst start to the year since 1945.
*snip*
A wave of selling has swept across Asia in recent days as it becomes clear the US downturn will cause more damage than originally thought, but Japan has been hit doubly hard as the yen surges against the dollar, euro, sterling and the yuan.

The trigger for the yen's rise has been an abrupt unwinding of bets on the 'carry trade'. Investors are withdrawing funds from high-yielding countries as far afield as New Zealand, Australia, South Africa, Iceland, and Britain, preferring safety at home.

Much of the carry trade money is borrowed at near-zero interest rates in Tokyo to speculate with high degrees of leverage, so a reversal on the scale seen in recent days is enough to set off stock market falls across the world.

This article clearly states what no articles clearly stated in 2005. I remember how I had to be a detective to discover how the carry trade was the source of world asset inflation and global debt growth. Over the years, I tried to prove this at every turn. Now, everyone acts as if it is common knowledge. But only a handful of us online commentators have understood this long ago.

On top of this, even today, few writes except for people like Mr. Dorsch who arrived at the same conclusions as I [unbeknownst to me at the time] understood how the Federal Government, the Federal Reserve and the biggest financial houses were all encouraging and exploiting this destructive carry trade to create a tsunami of debts which they could claim, were not inflationary even as inflation soared. For it was all off the books!

Here is a Alphaville editorial about all this:

A strong yen is not good news for anyone — including the Japanese, he warns. Falls this year have left the Nikkei 225 stock index in a bear market, down 23.4 per cent from its high of July last year. Fears that the revived yen will damage exporters have contributed to the damage.

Are there any signs of light?, asks Authers.

The rise in the yen, combined with dramatically bearish surveys of investor sentiment, suggests fear has totally taken over from greed in the markets — a classic contrarian indicator of a time to buy stocks.

The long-awaited capitulation may be under way. Scarily, that is the best reason for optimism.

A different view comes from one of the more plugged-in currency strategists in Tokyo, JPMorgan’s Tohru Sasaki. In a Wednesday note, he counters market speculation that the continued decline in the dollar against the yen may prompt yen-selling intervention from the Japan’s ministry of finance.

Citing four main reasons, he says the probability of MoF intervention is “less than 5 per cent, even if USD/JPY reaches 98, our target level in March 2008″.

First off, the strong yen is bad news for traitors using the carry trade to destroy global finances. This is the assortment of hysterical pirates and howling hell hounds wanting easy money. And Japanese exporters. In unison, they scream that a strong yen is pure poison. But at the same time, our government piously says, the dollar must weaken against our major traders who are exporting too much to the US. Ahem. Japan is one of the top 4 export nations. Ergo: the yen must get stronger. Only the will do force them to do this is missing! Because of treason.

The MoF always intervenes: via interest rates which worked great for the last decade. They dare not intervene openly in even more ways than holding the world's #2 FOREX reserves. They know that China is watching them with a glinting, eager eye to see if they try to pull that trick. I will now make a prediction:

IF JAPAN INTERVENES OPENLY TO WEAKEN THE YEN, CHINA WILL DUMP THEIR FOREX RESERVES OF DOLLARS ONTO THE OPEN MARKET AND TANK THE DOLLAR.

China has already changed the flow of money on the planet by raising reserves and interest rates with brutal fury. They are taking the Bull with the Horns of Dilemma in hand and are forcing the entire world to change direction even as our Jekylls conspire with their Hyde [Hades] part to keep the status quo going.

We’re not saying we agree with all Sasaki’s points, but more often than not, he reaches the correct conclusions. First, he says, the G7 has urged a “more flexible exchange rate” for China - this would surely make it more difficult for a G7-member country to intervene so easily.

Second, Japan’s MoF stopped intervening in the currency in March 2004.

Since then, USD/JPY declined to 101 on two occasions without the MoF stepping in to intervene in the market. That suggests that Japanese foreign exchange policy has changed significantly since March 2004. We think the main reason for it is pressure from other G7 countries.

And I love this history. So, the last open intervention was in 2004? According to the Plaza Accords, the Bank of Japan promised not to do this! And in 2004 as the US and Japan played insane currency games, they both yelled at China to NOT intervene to keep the yuan weak! HAHAHA. And all the statements since we began the experiment in fiat global currencies back with the Bretton Woods II accords was, the FREE FUCKING MARKET would determine relative value of currencies. Gads. Thank you, Mr. Hyde, king of Hell.

Finally, he says, Japan’s MoF uses its “Foreign Exchange Special Account” when it conducts currency intervention. The Japanese government has 28 special accounts, including the forex account, on top of its general account.

But now, these special accounts are under close public scrutiny because of their relative opacity and vast size, notes Sasaki. The forex special account began exceeding the size general account during the massive intervention of 2003-04, he adds. “If the MoF again conducted intervention, it would attract more close attention” to the forex special account - and “the government and particularly the MoF would probably want to avoid this situation”.

All these people do their magic best when everything is behind a curtain. They don't like snoops and snitches. In this case, there is as much propaganda out there trying to fool people about Japan's intentions and darker desires. We imagine the smiling faces are friendly. But anyone who watches the fabulous output of amazing anime from Japan can see the dark face of corporate global entities. I strongly suggest watching these shows like the Gundum series, just for example.

By Gary Dorsch, Editor, Global Money Trends

The ECB is now warning Euro zone workers to avoid asking for higher wages, which they seek to compensate for the inflation that was created by the central bank itself. “Wages must not seek to catch up with prices to compensate for a weakening in purchasing power following this price rise,” warned Italy’s central bank chief Bini Smaghi on Jan 14th. “Otherwise inflation might not go down and at that point there won’t be any other solution than a monetary tightening,” he said.

On January 15th, Bundesbank chief Axel Weber said there were signs that wage pressure and inflation expectations were starting to drift up. “The currently noticeable higher rates of inflation in Germany and the Euro area overall should not be the yardstick for upcoming wage negotiations. We are observing current developments very carefully and, if needed, action will follow our words."

Around 2 million German public sector workers are seeking an 8% increase in wage talks which began last week, while German train drivers have already secured an 11% raise. German union bosses are calling the ECB’s bluff, figuring the central bank does not have the green light from government finance officials for a rate hike, given the severity of the credit crunch in the Euro Libor markets.

Time for our rulers to ORDER us to NOT FIGHT INFLATION. They want us to eat it for them so they can keep the cruel carry trade and all the wealth they accumulated and are now losing as the carry trade collapses. We are to starve so they can live in Plutonian wealth. They will be rich and we can all get poorer. Mr. Hyde, thank you for the offer to die so you can stomp on us.

Chart from Jobwatch.com:

Tepco Labor Union Opts Against Seeking Pay Raise This Spring

TOKYO (Nikkei)--The labor union of Tokyo Electric Power Co. (9501) has decided not to demand a pay increase for its members during this year's spring wage negotiations because the company is expected to post its first net loss in 28 years for the term through March, it was learned Thursday.

For the last decade, Japanese workers ate every crumb of the inflation caused by the Japanese carry trade. As the flood of money started global inflation, they did their job of accepting pay cuts. They saw their lives contract to ever-smaller pieces of the economic pie so exporters could make out like bandits. Pressure to continue is tremendous. The 'get along with the bosses, banzai!' attitude is still strong in Japan and will, like when it was strong during WWII, lead to the destruction of Japan and its fine working classes and even the upper classes.

From the UN:
Theme : The diversification of forms of work and employment

Languages : Japanese, English
Organizers : Ministry of Health, Labour and Welfare of Japan and European Commission

EU-Japan Symposiums are held regularly since 1991 with the objective of promoting policy dialogue between the EU and Japan on employment and labor issues and common challenges that EU countries and Japan face. With the participation of governments, labour unions and employers' associations, and academics, past symposiums discussed a wide range of issues, including industrial relations, employability and adaptability, employment of older people, and equal employment opportunity for men and women. The 12th EU-Japan Symposium will focus on "The diversification of forms of work and employment", which is widening in the context of globalisation. The symposium will provide an analysis on the situation both in Japan and the EU, and discussions will be held on work-life balance and employment security. The symposium will inter alia examine policy responses with a view to exchange on how to harmoniously balance workers' and employers' needs of flexibility.

These beastly people are meeting in order to coordinate the collapse of the working classes across the entire planet. All present status quo systems in the older empires are now set for doing this: putting the working class into deep debt, loading a huge mountain of public debt onto them while ALL the major players including Mitt Romney, who wants to rule the US, all of them park their wealth OFF SHORE at those stupid pirate coves. Thanks, Queen Elizabeth.

INFLATION IS BECOMING A
WORLDWIDE PHENOMENON

Editorial by Monty Guild

Just last week, the Shanghai Gold Futures Exchange opened for business. Gold opened at the equivalent of about $997 an ounce. At the time of this writing, gold is trading for about $943 per ounce on the Shanghai Gold Futures Exchange versus about $895 per ounce on other world exchanges.

Why would gold sell for 5% more in Shanghai than elsewhere in the world? It is because the Chinese are worried about inflation, and thus far the amount of gold imported into China to fill the need does not meet the demand. So gold will flow from the rest of the world into China, which will push world prices up and Chinese prices down until they meet. It is our belief they will meet above $920 per ounce soon and above $1500 per ounce in the next couple of years.

A good, sensible article. I didn't think of the obvious: with the new gold market in China clearly showing the Chinese worried about inflation and thus, running up the value to nearly $1,000 means all world gold for sale will flow to China until it rises here. Well, this is true of ALL METALS and ALL OIL. As well as other things.

The Chinese are not saving, they are HOARDING. And I am too! Hoarding is the natural response to inflation. Bernanke and his fellow Mr. Hydes love to tell us that we CAUSE this damn inflation, not them. And we should stop it. Well, we did under Volker. He raised interest rates until they exceeded inflation and stopped the hoarding. We all happily bought bonds and put money in CD accounts! It was heaven. But it was hard on business which is why starting these inflation bubbles is very stupid. And forcing workers to eat the inflation. worse, for this kills the customer.

Who is being kept alive right now via cheap credit.

Japan’s ministry of finance is the most notorious manipulator of inflation data, and for good reason. Japan’s outstanding public debt is 776 trillion yen ($7.25 trillion), or roughly 147% of gross domestic product, the highest among leading industrialized countries. In order to keep its interest rates and debt service costs low, Tokyo’s uses fuzzy math to calculate it inflation rate, to provide the Bank of Japan with the political cover to peg its overnight loan rate at an abnormally low 0.50 percent.

Japan imports almost all of its oil, or 4.2 mil bpd, and is the world’s third-largest oil consumer after the US and China. Japan runs an industrial economy and is only 40% self sufficient in agricultural commodities, so 60% of its domestic demands for food and agricultural products are imported. Yet Tokyo claims that Japan’s consumer price index is only +0.4% higher from a year ago, by far the lowest on the planet, despite a near doubling of food and energy prices from a year ago.

And this is the other problem: all the major players in this Dr. Jekyll/Mr. Hyde movie are really Godzillas of Debts! Up to the eyeballs in red ink. On top of creating red ink. And we all know what happened in the Godzilla and Dr. Jekyll monster movies: everything is wrecked and lots of dead bodies and Tokyo in ruins, of course.

Thus, unilateral Fed rate cuts have become a big headache for Tokyo’s financial warlords. Yet Japanese finance officials were surprisingly silent this week, as the dollar fell below 109-yen, previously regarded as the MoF’s red line in the sand, where intervention was expected to defend the dollar. The lack of intervention raises the possibility that Tokyo may have acquiesced to a stronger yen, in order to help dampen the high cost of imported food and energy.

No. They do not want a higher yen. Unfortunately, even many smart, clear eyed commentators can't see the news from China in the right perspective. Japan's leaders make any moves in the direction of weakening the yen while the Chinese strengthen the yuan will cause the Dragon to blast both the US and Japan with nearly $2 trillion in excess dollars. They know this, note all the secret meetings and the sweat on more than one brow here!

China has a grip on this and it is Godzilla. And in a war between Godzilla and Mr. Hyde, I put my money on the smash-em monster.

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