12 Countries Sign TPP! No ‘Debate’

By Mike Masnick

About an hour ago, representatives from 12 different nations officially signed the Trans Pacific Partnership (TTP) agreement in Auckland, New Zealand. The date, February 4th (New Zealand time) is noteworthy, because it’s 90 days after the official text was released. There was a 90 day clock that was required between releasing the text and before the US could actually sign onto the agreement. The stated purpose of this 90 day clock was in order to allow “debate” about the agreement. Remember, the entire agreement was negotiated in secret, with US officials treating the text of the document as if it were a national security secret (unless you were an industry lobbyist, of course). So as a nod to pretend “transparency” there was a promise that nothing would be signed for 90 days after the text was actually released.

So… uh… what happened to that “debate”? It didn’t happen at all. The TPP was barely mentioned at all by the administration in the last 90 days. Even during the State of the Union, Obama breezed past the TPP with a quick comment, even though it’s supposedly a defining part of his “legacy.” But there’s been no debate. Because there was never any intent for an actual debate. The 90 day clock was just something that was put into the process so that the USTR and the White House could pretendthat there was more “transparency” and that they wouldn’t sign the agreement until after it had been looked at and understood by the public.

Of course, the signing is a totally meaningless bit of theater. The real fight is over ratification. The various countries need to ratify the TPP for the agreement to go into effect. Technically, the TPP will enter into force 60 days after all signers ratify it… or, if that doesn’t happen, within two years if at least six of the 12 participant countries ratify it and those six countries account for 85% of the combined gross domestic product of the 12 countries. Got that? In short, this means that if the US doesn’t ratify it, the TPP is effectively dead. The US needs a majority of both houses of Congress to approve it, similar to a typical bill. And that’s no sure thing right now. Unfortunately, that’s mainly because a group of our elected officials are upset that the TPP doesn’t go far enough in helping big businesses block competition, but it’s still worth following.

Inevitably, there will be some debate during the ratification process, though there are enough rumors suggesting that no one really wants to do it until after the Presidential election, because people running for President don’t want to reveal that they’re happy to sell out the public’s interest to support a legacy business lobbyist agenda. But, even that debate will likely be fairly limited and almost certainly will avoid the real issues, and real problems, with the TPP.

Either way, today’s symbolic signing should really be an exclamation point on the near total lack of transparency and debate in this process. The 90 day window was a perfect opportunity to have an actual discussion about what’s in the TPP and why there are problems with it, but the administration showed absolutely no interest in doing so. And why should it? It already got the deal it wanted behind closed doors. But, at least it can pretend it used these 90 days to be “transparent.”

Articles by: Mike Masnick
~~~~~~~~~~~~~~~~~~~~~~

US, Japan, Canada, Australia and 8 Other Countries Sign Trans Pacific Partnership Agreement

The Trans Pacific Partnership (TPP) would be horrible for Americans and the people of the world.

But most politicians are thoroughly corruptNeither the Democratic or Republican parties represent the interests of the American people. Elections have become nothing but scripted beauty contests, with both parties ignoring the desires of their own bases.

So today, 12 countries – Brunei, Chile, New Zealand, Singapore, Australia      Canada, Japan, Malaysia, Mexico, Peru, United States and Vietnam – signed the TPP.

They never followed through on their promise of an open and lively debate.

TPP still can be stopped … if the legislative bodies of the signatory nations refuse to ratify it. Can we stop this frankenstein monster?

US, Japan, Canada, Australia and 8 Other Countries Sign Trans Pacific Partnership Agreement was originally published on Washington’s Blog

Did A Central Banker Just Margin Call All Other Central Banks’ Credibility?

Did A Central Banker Just Margin Call All Other Central Banks’ Credibility?

Authored by Mark St.Cyr,

In a stunning policy move Bank of Japan Governor Haruhiko Kuroda introduced and adopted negative interest rates. The word “stunning” is fitting, for just weeks prior he stated there was no need to adopt such measures. It seems by all accounts his mind changed (or was made right?) after returning from Davos.

Whether or not this is the case one thing is certain: The Bank of Japan (BOJ) has thrown not just a monkey wrench into the financial system. He may have simultaneously made every other central bankers toolbox irrelevant, as well as incapable, to deal with the resulting damage. It’s one thing to have the right tool at the right time to tweak or fix. It’s quite another to lose grip of that tool where it falls into the running gears of the machinery. That’s when far more can (and usually does) go awry than just the original issue. (Think losing the small water pumps that keep water in a nuclear reactor as an analogy.)

No matter what anyone in the “smart crowd” would argue different. Today, both the financial world along with business in general is currently being manipulated made possible via crony capitalism as well as simultaneously being stymied by central bank policies. All occurring through the direct myriad of interventions into the capital markets globally. I believe that in no other time since the days of direct rule of Kings and Queens has such a small cabal of people had so much influence, as well as control, of global finance and business influence. Ever.

Politicians of all stripes sway or prestige are pale in comparison today as to the dictates coming from one central banking authority or another. However, with such authority comes a very heavy price. That price? It’s becoming easier to spot both the “who,” as well as the “where,” catastrophic mistakes in policies effecting societies well-being may originate from. And I don’t think many central bankers truly understand just how precarious in that position they now sit.

We were told (“we” being the business world) ad nauseam by the central bankers themselves that they knew precisely what they were doing. In 2008 as the financial markets as well as the economy came-off-the-rails the Federal Reserve stepped in and stabilized what seemed to be an out of control death spiral. Many will argue valid points on both sides whether it was good, bad, or an ugly way the tools used to stem that tide were employed. Personally I believe there was a legitimate and valid argument to step in.

However: It was the remaining “in” while supplying ever more of the very things that made the original crisis inevitable in the first place that had/has anyone with a modicum of business acumen apoplectic.

The relentless iterations of QE (quantitative easing) and an unrelenting stance to remain at the zero bound on interest rate policies for years could be seen for the ever ballooning, ticking time bomb they were. It didn’t take too much imagination and thought thru to envision just how difficult along with its disruption in both financial as well as business thing would become once the proverbial punch-bowls were taken away.

Economic theory as to explain and guide central banks through this malaise are suddenly finding themselves squarely in the line of fire of business and financial fact: They’ve created an absolute mess. And what’s worse? It may be the bankers themselves that may no longer trust their own omnipotence to deal with what’s coming. i.e., They aren’t going to wait or care any longer about coordination of moves. It’s now everyone for themselves as just witnessed by what many are now calling a “Kamikaze” bank policy move from the BOJ.

Why is this so troubling many are asking. After all, it seems that the BOJ governor’s mind changed after meeting with all the other bankers and attendees at Davos. And if one is to believe all the reports; more QE, and negative interest rates were what was being called (as well as begged) for as to help stem the tide of this current market malaise. Maybe the BOJ just decided to emulate what’s now taking place in the EU? Sounds logical right?

Well yes, maybe. However, what may be far more front-of-mind for the BOJ is the current meltdown in China. Japan may try to sweep away concerns regarding contamination of any meltdown at their nuclear plants. What they can’t turn a blind eye to is the potential for contagion in any currency meltdown in the CNY. e.g., Chinese Yuan. And it seems that potential grows stronger with each passing day.

And just like the potential for radiation effects are at first unseen to the naked eye. The possible ramification of suddenly throwing one of the most heavily traded currencies (e.g., ¥Yen) into an anytime, anywhere, out-of-the-blue change in monetary pricing stability can affect carry trades across the global markets in ways far more treacherous, as well as dangerous than anyone ever considered. Especially in today’s highly levered, correlated, high frequency trading (HFT) algorithmic based market. The resulting effects are yet to be felt. After all – this all just happened Friday.

I would garner there were many a meeting across many financial houses over the weekend than will admit. For when it comes to a carry trade – any carry trade – stability of perceived pricing models is key. A change of just one fractional amount too far in the wrong direction for assumption can render a fortress balance sheet into a falling house of cards with an immediacy most never truly comprehend. One would think 2007/08 would still be well-remembered. By the way many are talking – it seems as if it was ancient history. It’s unnervingly surreal.

Today the markets are gyrating widely reminiscent of those early stage stresses and/or warning signs just prior to the first real downdraft experienced during the initial stages of the financial crisis. Back then we had one policy move, or jawboning official after another announcing plans to do this or that, sending the market into fits and starts near daily.

Many times these daily knee-jerk rises of 1% plus moves were only to be followed with subsequent selloffs erasing (and then some) any gains made prior. Sometimes with incalculable speed and disruption. Today, with an ever infected market now under near complete and utter dominance via HFT parasitic trading programs, these swings may become even more violent as well as fear induced as supposed “liquidity” vanishes and/or appears from markets faster than the laser beams can quote stuff that “liquidity” in the first place.

The problem now is: Which central banker or policy is to be believed? And more importantly: for how long? Couple that with: Who will now be trusted as having credibility both in stating what they mean, and doing what they said? As well as: doing what they said because they know what they are doing? Quite the conundrum, yes?

The issue at hand is answering the question of: just why did the BOJ do what it just did – in the way that it did it? The ramification to those questions could not be more explicit in their meaning than almost any other in my opinion. For the global markets may be in far more perilous a position than the central bankers themselves ever imagined, let alone – contemplated.

For those who never seen the movie “Margin Call” there’s a great scene as it’s then irrefutable and understood that it’s all about to fall apart where Sam Rogers (Kevin Spacey) is expressing concerns to John Tuld (Jeremy Irons) that he believes the firm is panicking in selling everything all at once, causing a possible run on everything and melting down the system. The response from Tuld is quite fitting when he states, “It’s not panicking if you’re first.”

Today, as many of the financial media and others are trying to explain away this monetary move by the BOJ as something as simple as “Kuroda has said he likes to shake things up, or be unpredictable.” I think they may be looking in the wrong direction. For what now must be considered into that equation is something that portends to far more concern than meets the eye at first blush. To wit:

Did the BOJ’s out-of-the-blue reversal on its monetary stance which was refuted just weeks prior by Mr. Kuroda himself take place because after listening to the arguments, suggestions, as well as concerns, from the participants at Davos he concluded much like what the movie “Margin Call” depicted: It was all about to unravel? And if so: is this him deciding to be “first” and considered it his only choice?

And if so, what does his actions pose for the credibility of his brethren bankers? Do they now act from a place of “Who can they trust?” And what does that mean for the rest of us? The implications are staggering when you begin to open those doors for they have the potential of making Pandora’s box seem harmless in comparison.

However, maybe this is all hyperbole and should be disregarded as over the top rhetoric from Chicken Little types with no actual central banking policy experience. Maybe we should take comfort in the unwavering hand of credibility that never saw the great financial crisis to begin with when he argued that subprime mortgages and the crisis they foretold were “contained.” Then Fed. chairman Ben Bernanke.

What does he say today? Well, when he was speaking in Hong Kong at the Asian Financial Forum as Davos was also transpiring he stated, “I don’t think China’s economic slowdown is that severe to threaten the global economy, ” along with “The U.S. and China are not as closely tied as the market thinks.”

Maybe “Margin Call” was one of the movies available on demand in the rooms at Davos, and all Mr. Kuroda is now doing is channeling his inner “Jon Tuld” moment. And why not? “It’s not panicking if you’re first.”

However, for the rest of us, we can only wait and see what happens next.

(PN Editor:  If you haven’t seen “The Big Short”, you need to!  Deja Vu on a biggers scale!  “The Big Short tells us to keep the focus on Wall Street: A caption at the end highlights a new product being sold called a “bespoke tranche opportunity,” just another word for a CDO. But the underlying assets in these derivatives are largely corporate debt, and the numbers are so far pitifully small — $20 billion a year, compared to the trillion dollars annually in securitized subprime loans during the bubble. Private securitization for mortgages has been basically flat for seven years.” http://www.thefiscaltimes.com/Columns/2015/12/11/Big-Problem-Big-Short

Japan Today – Economists Are Fools

economists-are-foolsImage courtesy http://www.ritholtz.com/blog/wp-content/uploads/2009/04/economist-financial-fantasy-land.png

http://americankabuki.blogspot.com.au/2015/11/japan-today-economists-are-fools.html
(American Kabuki comment: “I’ve come to the conclusion that finance is a religion, and economists are the preachers who spread the catechism of capitalism.  Problem is, a bit like how preachers haven’t a clue about things spiritual, the reality of finance is quite different that the orthodox dogmas taught by economics professors.  Banking is about energy, the current of energy coming from humans (who are Source inbody), that current of energy is abstracted out by debt and converted to “currency” called money to hide where it all comes from. Why hide it? Because it comes from you and they don’t want you to know it was stolen by treaties, commerce systems, and programming disguised as education.  Its your energy conglomerated into a system of control by central banks.  One of the things that used to frustrate the heck out of me was they could never tell me in college, what money really was. Similarly physics professors could never tell me what time was.  Turns out they couldn’t tell me because both are illusions.   There is only energy, the flow of energy and NOW. -AK”)


http://www.japantoday.com/category/opinions/view/economists-are-fools
Economists are fools
by Dan Slater for EURObiZ Japan

OPINIONS NOV. 27, 2015 – 06:41AM JST ( 12 )TOKYO —

I hate to lead with such an aggressive title, but over the years, nobody (apart from bankers) has upset me more than economists.

I have been reading the stuff published by economists for decades. In China, where I worked for 12 years, GDP growth became like a religion. Thousands of articles were written on the topic, each of them quoting economists. In the process, the glorious city of Beijing was laid waste, but that is another story.

The malign and fruitless obsession with GDP growth, and the part played by economists in encouraging it, is why I think economists are fools.

Prime Minister Shinzo Abe is the latest leader to fret about GDP growth. Yet this is misguided, for several reasons.

GDP growth is merely a measure of activity. What growth per se does not reveal is the nature and quality of that activity. As most economists are actually well aware of, you can maintain GDP indefinitely if you are rich enough. For example, knocking down and re-building a house is a way of generating GDP, even if the various iterations of the building show zero improvement. Of course, at some point you will run out of money.

It is clear that GDP growth is a blunt, or even ‘dumb’, way of looking at the economy. My suspicion, however, is that this is precisely why it is so popular with politicians.  Merely generating economic activity, especially in the short term, is quite easy — and, therefore, a convenient way for politicians to say they have achieved something during their term in office.

To generate GDP growth, you could build over-priced sports stadiums all over the country. Indeed, the more over-priced the said structures, the more GDP growth you will achieve — since the preferred measure is ‘nominal’ GDP, which measures the monetary amount of an activity.

Economists, of course, are clever enough to know all about the shortcomings of worshipping GDP growth, but they seem to want to make friends with policy-makers and obtain research grants, so they go along with it.

For Japan, GDP growth is especially pointless in two ways. First, it is far more important to look at GDP per person. For Japan, maintaining a non-shrinking GDP, or 0% growth, is a triumph in the face of the speed that the working population is declining.

It is a hollow triumph, however, because once the aim becomes to protect your GDP number, you do all sorts of extreme things, like using the central bank to buy up your government bonds. But by making an artificial floor, you make it impossible to know the real price of Japanese debt.

The price of government debt is the price off which all other financial instruments are abased, so you are making a mockery of your capital markets in the process. And, remember, the reason we pay bankers and economists such high salaries is that they allow us to identify the ‘true’ prices of goods and services in the economy. Only they don’t. But we still pay their level of salaries.

The distortions are obvious in other ways. Today, Japanese GDP is much bigger than it was before Abe came to power in December 2012, in yen terms. But the value of the yen has collapsed 40% against the dollar in that time. So in dollar terms, it has sharply contracted.

Everyone wants a simple metric, and GDP growth is the metric incessantly recycled in almost every article about Abenomics. The prime minister was recently brazen enough to suggest a GDP of ¥600 trillion — a typically pointless numerical figure.

That is the reason why printing money has become so central to the debate about Abenomics. Printing money should make prices go up, and that lifts nominal GDP. Hey, presto, mission accomplished!  This then leads you into truly wacky territory where rising prices — in a country where most people have been growing poorer over the last 20 years — is seen as a good thing. But, hey, nominal GDP is growing — at least in the short term.

If you choose one bad metrics, you start having to use lots of other absurd metrics to achieve the original metric. Unfortunately, none of this looks likely to change soon.

External Link: http://eurobiz.jp/

10 Global Economies All Crashing

The Stock Markets Of The 10 Largest Global Economies Are All Crashing

Submitted by Michael Snyder via The Economic Collapse blog,

You would think that the simultaneous crashing of all of the largest stock markets around the world would be very big news.  But so far the mainstream media in the United States is treating it like it isn’t really a big deal.

Over the last sixty days, we have witnessed the most significant global stock market decline since the fall of 2008, and yet most people still seem to think that this is just a temporary “bump in the road” and that the bull market will soon resume.  Hopefully they are right.

When the Dow Jones Industrial Average plummeted 777 points on September 29th, 2008 everyone freaked out and rightly so.  But a stock market crash doesn’t have to be limited to a single day.  Since the peak of the market earlier this year, the Dow is down almost three times as much as that 777 point crash back in 2008.  Over the last sixty days, we have seen the 8th largest single day stock market crash in U.S. history on a point basis and the 10th largest single day stock market crash in U.S. history on a point basis.  You would think that this would be enough to wake people up, but most Americans still don’t seem very alarmed.  And of course what has happened to U.S. stocks so far is quite mild compared to what has been going on in the rest of the world.

Right now, stock market wealth is being wiped out all over the planet, and none of the largest global economies have been exempt from this.  The following is a summary of what we have seen in recent days…

#1 The United States – The Dow Jones Industrial Average is down more than 2000 points since the peak of the market.  Last month we saw stocks decline by more than 500 points on consecutive trading days for the first time ever, and there has not been this much turmoil in U.S. markets since the fall of 2008.

#2 China – The Shanghai Composite Index has plummeted nearly 40 percent since hitting a peak earlier this year.  The Chinese economy is steadily slowing down, and we just learned that China’s manufacturing index has hit a 78 month low.

#3 Japan – The Nikkei has experienced extremely violent moves recently, and it is now down more than 3000 points from the peak that was hit earlier in 2015.  The Japanese economy and the Japanese financial system are both basket cases at this point, and it isn’t going to take much to push Japan into a full-blown financial collapse.

#4 Germany – Almost one-fourth of the value of German stocks has already been wiped out, and this crash threatens to get much worse.  The Volkswagen emissions scandal is making headlines all over the globe, and don’t forget to watch for massive trouble at Germany’s biggest bank.

#5 The United Kingdom – British stocks are down about 16 percent from the peak of the market, and the UK economy is definitely on shaky ground.

#6 France – French stocks have declined nearly 18 percent, and it has become exceedingly apparent that France is on the exact same path that Greece has already gone down.

#7 Brazil – Brazil is the epicenter of the South American financial crisis of 2015.  Stocks in Brazil have plunged more than 12,000 points since the peak, and the nation has already officially entered a new recession.

#8 Italy – Watch Italy.  Italian stocks are already down 15 percent, and look for the Italian economy to make very big headlines in the months ahead.

#9 India – Stocks in India have now dropped close to 4000 points, and analysts are deeply concerned about this major exporting nation as global trade continues to contract.

#10 Russia – Even though the price of oil has crashed, Russia is actually doing better than almost everyone else on this list.  Russian stocks have fallen by about 10 percent so far, and if the price of oil stays this low the Russian financial system will continue to suffer.

Just in the last 2 months…it’s uglier than it has been in 7 years

What we are witnessing now is the continuation of a cycle of financial downturns that has happened every seven years.  The following is a summary of how this cycle has played out over the past 50 years

  • It started in 1966 with a 20 percent stock market crash.
  • Seven years later, the market lost another 45 percent (1973-74).
  • Seven years later was the beginning of the “hard recession” (1980).
  • Seven years later was the Black Monday crash of 1987.
  • Seven years later was the bond market crash of 1994.
  • Seven years later was 9/11 and the 2001 tech bubble collapse.
  • Seven years later was the 2008 global financial collapse.
  • 2015: What’s next?

A lot of people were expecting something “big” to happen on September 14th and were disappointed when nothing happened.

But the truth is that it has never been about looking at any one particular day.  Over the past sixty days we have seen absolutely extraordinary things happen all over the planet, and yet some people are not even paying attention because they did not meet their preconceived notions of how events should play out.

And this is just the beginning.  We haven’t even gotten to the great derivatives crisis that is coming yet.  All of these things are going to take time to fully unfold.

A lot of people that write about “economic collapse” talk about it like it will be some type of “event” that will happen on a day or a week and then we will recover.

Well, that is not what it is going to be like.

You need to be ready to endure a very, very long crisis.  The suffering that is coming to this nation is beyond what most of us could even imagine.

Even now we are seeing early signs of it.  For instance, the mayor of Los Angeles says that the growth of homelessness in his city has gotten so bad that it is now “an emergency”

On Tuesday, Los Angeles officials announced the city’s homelessness problem has become an emergency, and proposed allotting $100 million to help shelter the city’s massive and growing indigent population.

LA Mayor Eric Garcetti also issued a directive on Monday evening for the city to free up $13 million to help house the estimated 26,000 people who are living on the city’s streets.

According to the Los Angeles Homeless Services Authority, the number of encampments and people living in vehicles has increased by 85% over the last two years alone.

And in recent years we have seen poverty absolutely explode all over the nation.  The “bread lines” of the Great Depression have been replaced with EBT cards, and there is a possibility that a government shutdown in October could “suspend or delay food stamp payments”

A government shutdown Oct. 1 could immediately suspend or delay food stamp payments to some of the 46 million Americans who receive the food aid.

The Agriculture Department said Tuesday that it will stop providing benefits at the beginning of October if Congress does not pass legislation to keep government agencies open.

“If Congress does not act to avert a lapse in appropriations, then USDA will not have the funding necessary for SNAP benefits in October and will be forced to stop providing benefits within the first several days of October,” said Catherine Cochran, a spokeswoman for USDA. “Once that occurs, families won’t be able to use these benefits at grocery stores to buy the food their families need.”

In the U.S. alone, there are tens of millions of people that could not survive without the help of the federal government, and more people are falling out of the middle class every single day.

Our economy is already falling apart all around us, and now another great financial crisis has begun.

When will the “nothing is happening” crowd finally wake up?

Hopefully it will be before they are sitting out on the street begging for spare change to feed their family.

Chaos In Cabal-Controlled System

Benjamin Fulford says Chaos in cabal controlled financial system creates opportunity for revolution

Chaos and conflict at the very top of the Western financial system has created a unique opportunity to permanently put an end to Khazarian mafia control of the West. Furthermore, a new group of leaders will be assuming power in the Pentagon and, if they are able to coordinate with the worldwide resistance movement, humanity can be freed from Babylonian debt slavery as early as this autumn.

The important thing to drill into the heads of military, police and intelligence officials worldwide is that the West has been taken over by a group of mass murdering gangsters who need to be arrested and removed from power ASAP.

To put it more bluntly, it must be explained to the military fence sitters that the Khazarian mob has been actively trying to kill them and their families with manufactured diseases, toxic chemicals, unhealthy food, multiple attempts to start World War 3 etc. meaning that fence sitting is no longer an option. Self-defense is mandatory.

The anniversary this Friday of the September 11, 2001 mass murder event in New York would be a good time to take action. All it will take is for all aware members of the military and police in the US and for all governments outside of the US to demand the immediate arrest of the perpetrators of this crime. Anybody, from Obama on down, who tries to stop the arrests must themselves be arrested.

In fact, there are already clear signs the US military is taking strong action against the Khazarian mob. Pentagon sources say the Khazarian JP Morgan bank has been “put under military supervision,” because “it is the operating arm of the Federal Reserve Board.” The pentagon sources explain that JPM handles food stamps or electronic benefit transfer cards which it could have stopped in order to create food riots.

JPM was taken over in order to prevent this from happening. However, the military are now reporting that much of the JP Morgan money has “gone missing.” They are now investigating if Morgan Stanley and Barclays bank are responsible for stealing the money because, if they are, “they will be Lehmanized” i.e. bankrupted and dismantled.

An MI5 source in the UK, for his part noted: “it is interesting to hear that because Morgan Stanley in the UK is behind the Iraq Chilcot (whitewash) inquiry” into UK involvement in the illegal invasion of Iraq. MI5 also notes that senior UK power brokers like John Scarlett (former MI6 head) and Jeremy Heywood (UK Chief Cabinet Secretary) are to this day working with mass murderers Benjamin Netanyahu and the Bush family in trying to maintain Khazarain mob control of the West.

There is also a massive ongoing financial attack against other Khazarian mob controlled financial institutions. They are reeling under a combined attack involving US Treasuries dumping (by China), the collapse in oil prices, petrodollar derivatives losses, zero interest rates (on loans) and demand by exporters for payment in Chinese yuan.

Rockefeller controlled Citigroup “is sending its stolen gold and stolen cash to Russia in an effort to prevent it from falling into Chinese hands,” according to Pentagon and Chinese sources. This coincides with statements by Rockefeller bag man Henry Kissinger that the US should be friendly to Russia. Russia is likely to simply claim the gold as tsarist treasure being returned.

http://nationalinterest.org/feature/the-interview-henry-kissinger-13615

As mentioned in a bulletin issued in August, a clear sign of the intensity of the ongoing financial war was seen when the Chinese Tianhe-1 super computer was hit with a nuclear electromagnetic pulse weapon on August 12th immediately after China devalued the Yuan against the US dollar on August 11th.

http://www.pcworld.com/article/2971372/tianjin-explosion-shuts-down-chinese-supercomputer.html

The Chinese devaluation was used as part of an attack on the derivatives positions of the big Khazarian banks. The Khazarians responded with a stolen nuclear weapon. Pentagon officials were quick to explain to the Chinese the attack against them originated with the Khazarian mob and not the US military industrial complex.

The Chinese have made it clear they are expecting strong action by the US military industrial complex against the Khazarian mob if they want to avoid war. Such action has already begun, they were told.

The US military, the Russians, the Iranians and their allies are now increasing their pressure on the Khazarian mob and their puppet state Israel. These three powers are now cooperating to attack the Israeli ISIS proxy army in the Middle East. Egypt is also about to join the Iranian, Russian, Pentagon alliance, according to Pentagon sources.

A military campaign is now under way by these allies with the aim of cutting off of ISIS oil being supplied from Iraq via Israel and Turkey. Cutting off these oil export routes would deprive the Khazarians and their ISIS proxy army of their largest source of funds (other than narcotics).

The Khazarians have already faced a major defeat in the United States in their attempt to stop the ongoing rapprochement between the US and Iran. The fact the Khazarian lobby, despite a massive campaign, could not get enough votes in Congress and the Senate to veto the Iran deal is clear proof the Khazarians are losing control of the US political system.

Meanwhile closet Khazarian mobster King Salman of Saudi Arabia arrived in Washington D.C. on September 4th to demand the return of Saudi Gold kept in the US. He was told by the Americans that if he persisted in his demands his Kingdom would be broken up. In addition, he was told his country would face “severe consequences” if it stopped supplying oil to the US military industrial complex and started selling it to the Chinese instead. Salman was also forced to accept the Iran deal, the Pentagon sources said.

The situation in Europe is also coming to a head. The massive refugee crisis that is in the news there is being engineered as part of the long term P2 plan to use a conflict between Islam and Christianity to force a unification of the monotheist faiths. The plan calls for an escalation of the refugee crisis and the arrival of large contingents of “armed ISIS fighters” to speed up the process, according to German “second Reich” sources.

According to these sources, NATO forces reached a secret agreement to begin going ahead with their New World Order on September 25th. Some sort of accord will be then signed on December 25th, the sources said. The overall plan is to collapse the entire present system in order to be able to rebuild from scratch, they said.

The arrival of Pope Francis, Vladimir Putin, Xi Jinping and other power brokers in the US at the end of September, supposedly to celebrate the 70th anniversary of the UN, may well be a sign some sort of world treaty is about to be signed.

Another sign that something highly unusual is going on is the fact the US air defenses on the US East coast are going to be shut down during the last half of September even as Chinese and Russian naval forces are stationed near the US coast. The last time such a thing happened was on September 11th, 2001.

http://allnewspipeline.com/Multiple_Drills_Boston_September.php

Meanwhile in Japan, there are also signs that it is not business as usual. It appears that slave Prime Minister Shinzo Abe is working for new handlers. The clearest sign is that Japan’s government is not only ending any pretense of sanctions against Russia or Iran, it is also planning to stop using the US dollar in trade with Russia. Japan already trades with Iran and China without using the US dollar.

In other Japan news, the Yamaguchi Gumi, Japan, and the worlds’, largest crime syndicate also split up recently. Sources inside the Yamaguchi Gumi and in rival gangs say the split up was a local issue not directly related to international events. Tsukasa Shinobu, the current head of the gang, comes from Nagoya (home of Toyota motors) and resentment against Nagoya control was building up in Kobe, the traditional base of the gang.

Not only was the Nagoya faction taking over personnel decisions but it was also demanding excessive tribute, according to the gang sources. It is unlikely this split will lead to war because both factions have too much to lose in the event that happens, the sources said. The last time the gang split, when the Goto gumi left in 2008, there was no war.

Tadamasa Goto, the head of the Goto gang, now lives in retirement in Cambodia. If a gang war is going to break out, gangs will evacuate their formal headquarters, disguise their appearance and start killing each other off.

In a final note to readers, this writer would like to thank his readers for putting up with pre-written reports and allowing him to take his annual holiday in Canada.

Canada is heading into a general election on October 19th and opinion polls now show the Zionist regime of Stephen Harper is headed for a decisive defeat. Canada should then be in a position to help liberate itself and its cousins to the South from Babylonian debt slavery.

Khazarian Terror Plots Thwarted

Benjamin Fulford – August 3, 2015: Khazarian terror plots thwarted, rumours of August 8th arrests run rampant

An Iranian nuclear scientist called a White Dragon Society representative, as well as many government agencies, on the day of the July 31 blue moon to warn of an imminent Khazarian plot to attack multiple Iranian nuclear sites with nuclear armed hijacked civilian airplanes. The scientist said he had been warned a flight from Dubai to Tehran on a Boeing 777-300ER plane he was due to fly in on August 1st was one of the planes that was going to be used in the attack.

The warnings were taken seriously and heavy pressure was brought to bear on the Israeli military and intelligence establishment to prevent mad dog war criminal Benyamin Netanyahu and his fellow cabalists from carrying out such an attack. The so-called discovery of a Boeing 777 wing part in the Pacific Ocean last week was meant to be a diversion for this attack, according to Iranian and other sources.

The sudden appearance of possible “evidence” of Malaysian airlines flight 370 comes as fewer and fewer dupes around the world believe the official story that flight 370 ,which “vanished” in the Pacific Ocean and flight 17, which was shot down over the Ukraine, were separate airplanes. The perpetrators of this and other massive crimes continue to try to provoke a World War in order to prevent the backlash and mass arrests that will come once all their lies and crimes inevitably become fully exposed.

The latest alleged “attack Iran” plot came at a time that rumours of mass arrests of senior cabalists were once again flying over the internet. Sources at the CIA, the Asian Development Bank and the Federal Reserve Board all warned this writer of mass arrests, instigated by the Chinese, due to take place on August 8th.

The rumours were traced to the following article and related links:

http://inteldinarchronicles.blogspot.jp/

While the Chinese like the number 8 and definitely did start the 2008 Beijing Olympics at 8:08 AM on August 8th, 2008/08/08:08 we have not been able to independently confirm any plans for arrests on that date.

In any case, the arrests need to be made mostly inside the US and Israel and would thus have to be done by the US military and police apparatus. Last I heard, the number 8 isn’t their cup of feng-shui (風水).

Nonetheless the speed with which this rumour (or intel) spread shows there is real frustration within the military and intelligence apparatus. Many of us wonder why known murderers and criminals like Hillary Clinton and Jeb Bush appear day after day in the corporate media as if they were legitimate presidential candidates. Also, why is Netanyahu free? As one prominent British journalist blurted out at a press conference about the 311 tsunami and nuclear terror attack, “why hasn’t anyone been arrested?”

Well, as a matter of fact a Japanese government committee ruled last week that 3 executives of the Tokyo Electric Power Corporation face criminal charges related to the 311 mass murder attack. The WDS will do all in its power to ensure the trial of the Tokyo Electric Power executives leads to criminal charges being filed against more senior criminals like Benyamin Netanyahu, Tony Blair, J. Rockefeller and George Bush Jr.

There was also a big intelligence dump made against the British Royal family and other European Royal families last week by the Alquin and Flutterby site (believed to be linked to British Intelligence). The information can be seen at the following link under the headline “European bloodlines face end-time vortex of exposure.”

http://alcuinbramerton.blogspot.jp/2013/07/european-bloodlines-face-end-time.html

The article includes a quote from Illuminati Grandmaster Alexander Romanov where he stated “I have a message and this is to Queen Elizabeth directly: ‘Aunt Elizabeth, Isis is very upset, she wants her crown back.’”

The intelligence dump also contains what is purported to be a copy of an original memo ordering the murder of Princess Diana. It further includes copies of documents showing European bloodlines are capable of creating trillions of dollars out of thin air if they wish. There is also more evidence of European bloodline and Nazi links as well as detailed genealogical information about the British Royals.

This dump came around the time Bin Laden’s sister’s airplane crashed in the UK, killing her and other members of the Bin Laden family. US Naval Intelligence claims she was coming to England to testify at the Chilcot enquiry about the Iraq war and 911. One of the things that she was going to testify, the US Naval Intelligence site claims, was that a bank account linked to Queen Elizabeth was used to finance the attacks of 911.

http://www.tomheneghanbriefings.com

A member of the Rothschild family once described this whatdoesitmean site as containing anywhere between 90% and 10% disinformation. He was nonetheless a faithful reader.

Tom Henegan, a site claiming to be linked to a joint US/French Intelligence task force, for its part, has issued a report linking the Queen’s cousin, the recently resigned King Juan Carlos of Spain, with the Bush family, 911 and the year 2000 stolen election. This site also claims Bin Laden’s sister was killed by MI5 to prevent Bin Laden’s sister from testifying.

http://www.tomheneghanbriefings.com/

It may be possible that the attacks on the British Royals come as the investigations into pedophilia networks in the UK power structure begin to hit serious nerves. UK police have just announced they will be investigating to see whether there was a cover-up of child sex allegations against former Prime Minister Edward Heath.

http://www.telegraph.co.uk/news/uknews/crime/11780308/Sir-Edward-Heath-child-sex-abuse-claim-Wiltshire-Police-faces-investigation.html

Heath signed over UK independence to the EU after he was blackmailed over having sex with a boy according to British MI5 intelligence. Exposing this would of course be fatal to the EU project. Perhaps this is one of the motives for the sudden attacks on the British Royals. Then again perhaps they were all part of it too. Time will tell.

In any case, this multi-faceted exposure of the British Royal family comes at a time that ISIS is under unprecedented attack. Remember that the so-called Muslim ISIS group appeared only after “Alexander Romanov” said “ISIS is angry.”

A Pentagon source told the WDS the US military has put “extreme pressure” on Turkey, while Russia put pressure on Israel, for both to stop supporting ISIS. The same source said Iran and Egypt had been given US nukes to “finish off ISIS.”

The same source said Saudi Arabia was going to be dismembered into three states, a Shia state around the oil producing regions, a holy Muslim state around Mecca and Medina and a rump Saudi state around Riyadh.

Russian rapprochement with the US military has also led to a purge of anti-Russian Khazarian influence in Poland, according to Pentagon sources. This is why Zionist billionaire Jan Kulczyk, anti-Russian ex foreign minister and ex Radoslaw Sikorksi and his neocon wife Anne Applebaum have been “booted out” of power, the sources said.

All of these power struggles and information leaks come as the world economic and financial system continues to grind down towards dysfunction. Last week, the US protectorate of Puerto Rico officially went bankrupt. Although efforts are being made to make this seem isolated from the US itself, Puerto Rico is just the canary in the coal mine for its owner, the UNITED STATES OF AMERICA Corporation, which is also bankrupt.

The simultaneously plunging prices of oil, coal, copper, steel and other commodities show that China’s mighty economic engine is also grinding to a halt. China’s impressive growth spurt was powered mainly by construction and exports. With US and European markets withering and with construction reaching saturation levels (think of all those empty new cities), China is having to change gears.

The Chinese say they are going to shift to services, domestic demand and innovation but China is probably going to have to take one step backwards before it can start moving forward again. The stock market crash in China is not the cause of all this but rather a symptom. Another way of putting it is that the easy part for China, copying models that worked elsewhere, is over and now they will have to forge ahead into unknown economic territory. The upshot of all this is that China will be less willing and able to keep financing the US and Europe until it readjusts its own economy.

Speaking about Europe, let us not forget the Greek crisis is really not about Greece but also about Portugal, Italy, Spain, France and Germany. This crisis continues to fester away unsolved and unsolvable using the current economic paradigm.

As a writer I have learned that when an article is not going well, sometimes it is necessary to start again with a blank page. In this case, it means ending the Babylonian debt slavery paradigm that has ruled the West for the past 100 years. Now that more than 100 years have passed since the Federal Reserve Board was privatized, eight out of ten Americans is a debt slave.

http://www.zerohedge.com/news/2015-07-30/debt-slaves-7-out-10-americans-believe-debt-necessity-their-lives

Standards of living in the US have been falling since the 1960’s while in Japan they have been falling since the Khazarian economic model was imposed in the 1990’s. Europe is also in deep economic trouble.

There is talk of a jubilee (one time write off of debt and redistribution of assets) starting this autumn. It would be a good place to start. The gnostic illuminati, if they are serious about ending bloodline rule, need to push for the nationalization of central banks. The bloodline families, if they wish to avoid another French or Russian style bloody revolution, need to stand aside gracefully from financial control and perhaps be allowed to continue their role as ribbon cutters and fodder for gossip magazines.

In the meantime, just as happened with the fall of the Soviet Union, we are now being exposed to rare inside information at a blistering rate. We need to keep this information for reference before it vanishes.

Source:
http://antimatrix.org/Convert/Books/Benjamin_Fulford/Benjamin_Fulford_Reports.html#Khazarian_terror_plots_thwarted_2015_08_04

Posted on: http://hipknowsys.blogspot.ch/2015/08/benjamin-fulford-august-3-2015.html#more

 

What’s Really Going On At Fukushima?

Submitted by Robert Hunziker via CounterPunch.org, Zerohedge.com

Fukushima’s still radiating, self-perpetuating, immeasurable, and limitless, like a horrible incorrigible Doctor Who monster encounter in deep space.

Fukushima will likely go down in history as the biggest cover-up of the 21st Century.Governments and corporations are not leveling with citizens about the risks and dangers; similarly, truth itself, as an ethical standard, is at risk of going to shambles as the glue that holds together the trust and belief in society’s institutions. Ultimately, this is an example of how societies fail.

Tens of thousands of Fukushima residents remain in temporary housing more than four years after the horrific disaster of March 2011. Some areas on the outskirts of Fukushima have officially reopened to former residents, but many of those former residents are reluctant to return home because of widespread distrust of government claims that it is okay and safe.

Part of this reluctance has to do with radiation’s symptoms. It is insidious because it cannot be detected by human senses. People are not biologically equipped to feel its power, or see, or hear, touch or smell it (Caldicott). Not only that, it slowly accumulates over time in a dastardly fashion that serves to hide its effects until it is too late.

Chernobyl’s Destruction Mirrors Fukushima’s Future

As an example of how media fails to deal with disaster blowback, here are some Chernobyl facts that have not received enough widespread news coverage: Over one million (1,000,000) people have already died from Chernobyl’s fallout.

Additionally, the Rechitsa Orphanage in Belarus has been caring for a very large population of deathly sick and deformed children. Children are 10 to 20 times more sensitive to radiation than adults.

Zhuravichi Children’s Home is another institution, among many, for the Chernobyl-stricken: “The home is hidden deep in the countryside and, even today, the majority of people in Belarus are not aware of the existence of such institutions” (Source: Chernobyl Children’s Project-UK).

One million (1,000,000) is a lot of dead people. But, how many more will die? Approximately seven million (7,000,000) people in the Chernobyl vicinity were hit with one of the most potent exposures to radiation in the history of the Atomic Age.

The exclusion zone around Chernobyl is known as “Death Valley.” It has been increased from 30 to 70 square kilometres. No humans will ever be able to live in the zone again. It is a permanent “dead zone.”

Additionally, over 25,000 died and 70,000 disabled because of exposure to extremely dangerous levels of radiation in order to help contain Chernobyl. Twenty percent of those deaths were suicides, as the slow agonizing “death march of radiation exposure” was too much to endure.

Fukushima- The Real Story

In late 2014, Helen Caldicott, M.D. gave a speech about Fukushima at Seattle Town Hall (9/28/14). Pirate Television recorded her speech; here’s the link:https://www.youtube.com/watch?v=4qX-YU4nq-g

Dr. Helen Caldicott is co-founder of Physicians for Social Responsibility, and she is author/editor of Crisis Without End: The Medical and Ecological Consequences of the Fukushima Nuclear Catastrophe, The New Press, September 2014. For over four decades Dr. Caldicott has been the embodiment of the anti-nuclear banner, and as such, many people around the world classify her as a “national treasure”. She’s truthful and honest and knowledgeable.

Fukushima is literally a time bomb in quiescence. Another powerful quake and all hell could break loose. Also, it is not even close to being under control. Rather, it is totally out of control. According to Dr. Caldicott, “It’s still possible that Tokyo may have to be evacuated, depending upon how things go.” Imagine that!

According to Japan Times as of March 11, 2015: “There have been quite a few accidents and problems at the Fukushima plant in the past year, and we need to face the reality that they are causing anxiety and anger among people in Fukushima, as explained by Shunichi Tanaka at the Nuclear Regulation Authority. Furthermore, Mr. Tanaka said, there are numerous risks that could cause various accidents and problems.”

Even more ominously, Seiichi Mizuno, a former member of Japan’s House of Councillors (Upper House of Parliament, 1995-2001) in March 2015 said: “The biggest problem is the melt-through of reactor cores… We have groundwater contamination… The idea that the contaminated water is somehow blocked in the harbor is especially absurd. It is leaking directly into the ocean. There’s evidence of more than 40 known hotspot areas where extremely contaminated water is flowing directly into the ocean… We face huge problems with no prospect of solution.” (Source: Nuclear Hotseat #194: Fukushima 4th Anniversary – Voices from Japan, March 10, 2015, http://www.nuclearhotseat.com/2468/)

At Fukushima, each reactor required one million gallons of water per minute for cooling, but when the tsunami hit, the backup diesel generators were drowned. Units 1, 2, and 3 had meltdowns within days. There were four hydrogen explosions. Thereafter, the melting cores burrowed into the container vessels, maybe into the earth.

According to Dr. Caldicott, “One hundred tons of terribly hot radioactive lava has already gone into the earth or somewhere within the container vessels, which are all cracked and broken.” Nobody really knows for sure where the hot radioactive lava resides. The scary unanswered question: Is it the China Syndrome?

Following the meltdown, the Japanese government did not inform people of the ambient levels of radiation that blew back onto the island. Unfortunately and mistakenly, people fled away from the reactors to the highest radiation levels on the island at the time.

As the disaster happened, enormous levels of radiation hit Tokyo. The highest radiation detected in the Tokyo Metro area was in Saitama with cesium radiation levels detected at 919,000 becquerel (Bq) per square meter, a level almost twice as high as Chernobyl’s “permanent dead zone evacuation limit of 500,000 Bq” (source: Radiation Defense Project). For that reason, Dr. Caldicott strongly advises against travel to Japan and recommends avoiding Japanese food.

Even so, post the Fukushima disaster, Secretary of State Hillary Clinton signed an agreement with Japan that the U.S. would continue importing Japanese foodstuff. Therefore, Dr. Caldicott suggests people not vote for Hillary Clinton. One reckless dangerous precedent is enough for her.

According to Arnie Gundersen, an energy advisor with 39 years of nuclear power engineering experience, as reported in The Canadian on August 15, 2011: “The US government has come up with a decision at the highest levels of the State Department, as well as other departments who made a decision to downplay Fukushima. In April, the month after the powerful tsunami and earthquake crippled Japan including its nuclear power plant, Hillary Clinton signed a pact with Japan that she agreed there is no problem with Japanese food supply and we will continue to buy them. So, we are not sampling food coming in from Japan.”

However, in stark contrast to the United States, in Europe Angela Merkel, PhD physics, University of Leipzig and current chancellor of Germany is shutting down all nuclear reactors because of Fukushima.

Maybe an advanced degree in physics makes the difference in how a leader approaches the nuclear power issue. It certainly looks that way when comparing/contrasting the two pantsuit-wearing leaders, Chancellor Merkel and former secretary of state Clinton.

After the Fukushima blow up, ambient levels of radiation in Washington State went up 40,000 times above normal, but according to Dr. Caldicott, the U.S. media does not cover the “ongoing Fukushima mess.” So, who would really know?

Dr. Caldicott ended her speech on Sept. 2014 by saying: “In Fukushima, it is not over. Everyday, four hundred tons of highly radioactive water pours into the Pacific and heads towards the U.S. Because the radiation accumulates in fish, we get that too. The U.S. government is not testing the water, not testing the fish, and not testing the ambient air. Also, people in Japan are eating radiation every day.”

Furthermore, according to Dr. Caldicott: “Rainwater washes over the nuclear cores into the Pacific. There is no way they can get to those cores, men die, robots get fried. Fukushima will never be solved. Meanwhile, people are still living in highly radioactive areas.”

Fukushima will never be solved because “men die” and “robots get fried.” By the sounds of it, Fukushima is a perpetual radiation meltdown scenario that literally sets on the edge of a bottomless doomsday pit, in waiting to be nudged over.

UN All-Clear Report

A UN (UNSCEAR) report on April 2, 2014 on health impacts of the Fukushima accident concluded that any radiation-induced effects would be too small to identify. People were well protected and received “low or very low” radiation doses. UNSCEAR gave an all-clear report.

Rebuttal of the UNSCEAR report by the German affiliate of the International Physicians for the Prevention of Nuclear War d/d July 18, 2014 takes a defiant stance in opposition to the UN report, to wit: “The Fukushima nuclear disaster is far from over. Despite the declaration of ‘cold shutdown’ by the Japanese government in December 2011, the crippled reactors have not yet achieved a stable status and even UNSCEAR admits that emissions of radioisotopes are continuing unabated. 188 TEPCO is struggling with an enormous amount of contaminated water, which continues to leak into the surrounding soil and sea. Large quantities of contaminated cooling water are accumulating at the site. Failures in the makeshift cooling systems are occurring repeatedly. The discharge of radioactive waste will most likely continue for a long time.”

“Both the damaged nuclear reactors and the spent fuel ponds contain vast amounts of radioactivity and are highly vulnerable to further earthquakes, tsunamis, typhoons and human error. Catastrophic releases of radioactivity could occur at any time and eliminating this risk will take many decades… It is impossible at this point in time to come up with an exact prognosis of the effects that the Fukushima nuclear disaster will have on the population in Japan… the UNSCEAR report represents a systematic underestimation and conjures up an illusion of scientific certainty that obscures the true impact of the nuclear catastrophe on health and the environment.”

To read the full text of the rejoinder to the UN report, go to:https://japansafety.wordpress.com/tag/saitama/

Fukushima’s Radiation and the Future

Mari Yamaguchi, Associated Press (AP), June 12, 2015: “Four years after an earthquake and tsunami destroyed Japan’s Fukushima nuclear power plant, the road ahead remains riddled with unknowns… Experts have yet to pinpoint the exact location of the melted fuel inside the three reactors and study it, and still need to develop robots capable of working safely in such highly radioactive conditions. And then there’s the question of what to do with the waste… serious doubts about whether the cleanup can be completed within 40 years.”

“Although the Chernobyl accident was a terrible accident, it only involved one reactor. With Fukushima, we have the minimum [of] 3 reactors that are emitting dangerous radiation. The work involved to deal with this accident will take tens of years, hundreds of years,” Prof. Hiroaki Koide (retired), Kyoto University Research Reactor Institute, April 25, 2015. “It could be that some of the fuel could actually have gone through the floor of the containment vessel as well… What I’ve just described is very, very logical for anyone who understands nuclear engineering or nuclear energy,” which dreadfully spells-out: THE CHINA SYNDROME.

According to the Smithsonian, April 30, 2015: “Birds Are in a Tailspin Four Years After Fukushima: Bird species are in sharp decline, and it is getting worse over time… Where it’s much, much hotter, it’s dead silent. You’ll see one or two birds if you’re lucky.” Developmental abnormalities of birds include cataracts, tumors, and asymmetries. Birds are spotted with strange white patches on their feathers.

Maya Moore, a former NHK news anchor, authored a book about the disaster: The Rose Garden of Fukushima (Tankobon, 2014), about the roses of Mr. Katsuhide Okada. Today, the garden has perished: “It’s just poisoned wasteland. The last time Mr. Okada actually went back there, he found baby crows that could not fly, that were blind. Mutations have begun with animals, with birds.”

The Rose Garden of Fukushima features a collection of photos of an actual garden that existed in Fukushima, Japan. Boasting over 7500 bushes of roses and 50-thousand visitors a year, the Garden was rendered null and void in an instant due to the triple disaster — earthquake, tsunami, and meltdown.

The forward to Maya’s book was written by John Roos, former US Ambassador to Japan 2009-13: “The incredible tale of Katz Okada and his Fukushima rose garden was told here by Maya Moore… gives you a small window into what the people of Tohoku faced.”

Roos’ “small window” could very well serve as a metaphor for a huge black hole smack dab in the heart of civilization. Similarly, Fukushima is a veritable destruction machine that consumes everything in its path, and beyond, and its path is likely to grow. For certain, it is not going away.

Thus, TEPCO (Tokyo Electric Power Company) is deeply involved in an asymmetric battle against enormously powerful unleashed out-of-control forces of E=mc2.

Clearly, TEPCO has its back to the wall. Furthermore, it’s doubtful TEPCO will “break the back of the beast.” In fact, it may be an impossible task.

Maybe, just maybe, Greater Tokyo’s 38 million residents will eventually be evacuated. Who knows for sure?

Only Godzilla knows!

 

Deutsche Bank Head Of Asia-Pac Kills Innocent Bystander

Deutsche Bank Head Of Asia-Pac Equities Loses Control Of His $580,000 Ferrari, Kills Innocent Bystander

As recently as several months ago, the financial press was surprised when a wave of Deutsche Bank employees, particularly those in the bank’s legal department (such as here and here), decided to take their own lives. Now at least one Deutsche Banker, perhaps perturbed by the recent news involving the unexpected departure of his co-CEOs coupled with the even more unexpected raid of the bank’s global headquarters, has decided to show the jump from sui- tohomicide is a simple one.

Earlier today, Hong Kong police arrested a 48-year-old Deutsche Bank employee on “suspicion of dangerous driving and causing death.” The fatal accident happened early on Tuesday at a car park near Deutsche’s office at International Commerce Center, across the harbor from the city’s financial district.

According to Reuters, the driver was Deutsche’s head of Asia-Pacific equities trading, Robert James Ebert, 48, who was behind the wheel of a Ferrari at the time of the accident.

Below is his Linkedin profile:

Police said the arrested driver, whom it identified only as James, had said he lost control of his car. The police said a 53-year-old man, who was next to the barriers, died after suffering serious head and shoulder injuries. He was pronounced dead in the hospital early in the afternoon.

The Apple Daily newspaper also identified the driver as Ebert and said he was driving a black,HK$4.5 million ($580,502) Ferrari 458 Spider, which was in collision with a HK$2.4 million Maserati at the car park entrance before hitting a security guard.

 The police said the driver was not charged.  “We are investigating whether the car was driving beyond the speed limit of 30km/h at the time,” a police source said.

It is safe to say the answer is yes, as a simple check of the security cameras would confirm.

Ebert was released on bail in the early hours of Wednesday and has to report back in mid-July, the police said.

Ejiinsight adds that Ebert’s car went on to sweep across three barricades and hit the guard, who was pinned to a post at the carpark entrance.

Koo was rushed to the hospital but was pronounced dead by 2 p.m.

 

Ebert and the Maserati driver were unhurt. Police said both drivers passed a breathalyser test.

 

Skid marks stretching 10 meters were found at the entrance of the carpark.

 

Ebert told police his car had a brake failure. He was arrested on suspicion of dangerous driving causing death.

So guy drives a car which costs more than most Americans will make in a decade (pretax), crashes in what may have been an improvised drag race, kills an innocent bystander, and promptly posts bail and is allowed to roam, and drive, in freedom.

Meanwhile Nav Sarao rots in the UK’s worst prison unable to pay his ridiculous $5 million bail, for the simple reason that he was a good trader and dared to expose the HFTs’ rigging to regulators. He faces a maximum sentence of 380 years in jail.

It’s ok though: when Stan Fischer and Mark Carney said bankers have to go to prison for “at least” 10 years when caught rigging markets they said nothing about bankers who engage in homicide. It appears the legal system will need a central bank explainer on how to proceed in that specific case.