Twelfth Bough

i run my own damn think tank

Archive for April 16th, 2010

even dead terrorists can get a page on facebook it seems

Apr 16

Posted by A. Peasant in 9-11, CIA, Experts, Identities, Mind-fucking, Mossad, NWO, Terrorism | No Comments

Osama bin Laden has a Facebook page? Even though he’s been dead for 8+ years?

According to reports, Osama has a page named “The leader of the Mujahideen, Osama bin Laden” and his address is given as “the mountains of the world”.

Following the revelation, security experts have urged Facebook’s US office to shut down the page. The account became active less than a month ago, but had already attracted nearly 1,000 extremists, and although the language used is Arabic, messages in English have started to appear, The Sun reports.

Internet terror expert and author Neil Doyle said: “Bin Laden, via his supporters, is clearly taunting his pursuers.” Since 2001, Osama and his organisation have been major targets of the United States’ War on Terror.

There is a 16 million pound reward for his capture, and he along with other Al-Qaeda leaders are believed to be hiding near the border of Afghanistan and Pakistan’s Federally Administered Tribal Areas.

oh i wonder who his “friends” are? Rita Katz, Mossad guys, CIA guys, Zbig…?

brzezinski_bin_laden_aka_tim_osman1

be of good cheer — or maybe not (updated)

Apr 16

Posted by A. Peasant in X Wars | No Comments

Face of the volcano:
A radar image shows the crater of Eyjafjallajokull in southeast Iceland which has caused the cloud of volcanic ash to spread over Europe.
Looks like a screaming demon, no?

X-wars are being fought that make it look like nature or God is doing it. The masses of people believe they are in relative peace, not realizing that the earthquake that killed thousands was not accidental. State-of-the-art military technology uses the earth itself as a weapon. World War Three has probably started and we don’t even know it. Chemtrail spraying appears to compromise our immune systems. It may be lowering our resistance to both disease and to the removal of our basic rights. Aerosols are also being sprayed to seed the atmosphere with barium. The HAARP Patent calls for spraying barium in the atmosphere to increase HAARP’s efficacy. HAARP is capable of more than you are likely to believe. HAARP quadrupled its power and published plans call for operating HAARP at one billion watts. HAARP can cause massive blackouts. Its inventor Bernard Eastlund seeks to abort tornadoes and to “steer’ parts of the ionosphere around with it, among other things.

Here’s an expanded definition of X Wars, from this source:

“Special secret mode of conducting wars. This concept was developed, when it became clear that direct military conflict will inevitably result in nuclear self-destruction. Then the idea appeared that the battle can be conducted while pretending that the conditions of peace are being maintained. In fact, the war is going on, but by the other, “quiet” means. They include the methods of economic and financial diversions, information-psychological technologies aimed at degrading the social structure of the attacked people. Biological diversions infected cattle or agricultural plants or even people, not by some disease causing death, but by an infection planting panic and confusion within the society. Certainly, technical devices causing accidents not only to planes, but to power systems might be created. During the period of “Cold War” much money was invested into the development of the X-war methods and technologies.”

The idea that powerful people wielding powerful technologies can make natural disaster look like Acts of God does not preclude God from actually performing his own acts.
click to enlarge

The National Air Traffic Service (NATs) has advised this afternoon that British airspace over England and Wales will remain closed until 7am tomorrow.

But it is likely the time will be extended as Iceland volcano Eyjafjallajökull shows no sign of subsiding. Transport Secretary Lord Adonis said travellers could expect ’significant disruption’ to services for at least the next 48 hours.

…The Met Office has only issued weather predictions until 1am tomorrow, but these show the ash cloud — at 30,000 feet, the altitude used by commercial airliners — widening its grip over the southern half of England.

A Met Office spokeswoman said this morning: ‘At the moment I don’t think the weather patterns are changing much.’

With the source of the ash - a volcano 700 miles away in Iceland - still spewing smoke into the atmosphere, there are already fears the chaos could go on for days if not weeks.

Some experts said there could be disruption for six months as a result of contaminated air drifting over northern Europe.

…No jet planes can fly except in an emergency because the dust causes their engines to fail.

Health officials have told those with conditions such as asthma to stay indoors.

The cancellations have already caused the greatest mayhem to air travel since the Second World War.

…The ash, which will drift down from the north of the country, was predicted to appear as a dusty haze and may smell of sulphur or rotten eggs, or strongly acidic.
…Reports from Iceland said the eruption spewing ash into the atmosphere from Mount Eyjafjallokull showed no sign of abating after almost two days of activity.

A spokesman for the Icelandic Met Office said: ‘It is likely that the production of ash will continue at a comparable level for some days or weeks. But where it disrupts travel, that depends on the weather. It depends how the wind carries the ash.’

…Even if the current eruption subsides within days, it may not be the end of the travel chaos that the volcano can cause.

It last erupted in the 19th century and Bill McGuire, professor at the Aon Benfield UCL Hazard Research Centre, based at University College London, said if the volcano continued erupting for more than 12 months, as it did the last time, periodic disruptions to air traffic could continue.

He added: ‘A lot depends on the wind. I would expect this shutdown to last a couple of days. But if the eruption continues - and continues to produce ash - we could see repeated disruption over six months or so.’

Even without further groundings, the knock-on effect of the initial disruption will take days to clear with planes, passengers and crew all in the wrong place.

In a blanket move - worse even than in the aftermath of the 9/11 terror atrocity - air traffic controllers were forced to completely close British airspace at midday yesterday as the volcano pumped massive clouds of ash thousands of feet into the air.

The huge dust cloud, unseen from the ground, slowly drifted across northern Europe at the height that jets cruise across the skies.

…Nobody was able to beat the flying ban. Those caught up included the Duchess of Cornwall, who had been due to fly from Aberdeen to London, and LibDem Treasury spokesman Vince Cable, who had to cancel election campaigning in Scotland.

The eruption has not caused any deaths. Just some evacuations, flooding, etc. So, not deadly. (source) The eruption has also caused European Parliament President Jerzy Buzek to cancel a meeting with Pope Benedict XVI at the Vatican. A meeting of EU finance ministers planned for Madrid on Friday-Saturday might also have to be cancelled. (source) Also, some people might not make the Kaczynski funeral at Wawel Castle.

There was one upside, however, with weather experts predicting that the particles in the atmosphere could cause some spectacular sunsets over the coming days.




UPDATE: Looks like no decent hope goes unwhacked these days…Evidently, only *civilian* aircraft seem to be in any danger from the ash. NATO airplanes? No worries. It’s just more kabuki, peeps.

aangirfan: ASH NOT AFFECTING NATO?

“Some wonder whether there is something else going on under the cover of earthquake eruptions, such as a test run to shut down air travel internationally.”

“NATO Secretary-General Anders Fogh Rasmussen said on 19 April 2010 that the ash cloud was not affecting the alliance’s military readiness.” (Iceland eruption )

only potential survivor

Apr 16

Posted by A. Peasant in Banks, Corruption & Crime | No Comments

On another note…

This SEC filing against Goldman Sachs is evidently getting big coverage. I would just point out the best laymen’s explanation ever of this exact financial corruption was written by the Geronimo Manifesto.

Here’s the story:

Washington, D.C., April 16, 2010 — The Securities and Exchange Commission today charged Goldman, Sachs & Co. and one of its vice presidents for defrauding investors by misstating and omitting key facts about a financial product tied to subprime mortgages as the U.S. housing market was beginning to falter.

The SEC alleges that Goldman Sachs structured and marketed a synthetic collateralized debt obligation (CDO) that hinged on the performance of subprime residential mortgage-backed securities (RMBS). Goldman Sachs failed to disclose to investors vital information about the CDO, in particular the role that a major hedge fund played in the portfolio selection process and the fact that the hedge fund had taken a short position against the CDO.

“The product was new and complex but the deception and conflicts are old and simple,” said Robert Khuzami, Director of the Division of Enforcement. “Goldman wrongly permitted a client that was betting against the mortgage market to heavily influence which mortgage securities to include in an investment portfolio, while telling other investors that the securities were selected by an independent, objective third party.”

…According to the SEC’s complaint, filed in U.S. District Court for the Southern District of New York, the marketing materials for the CDO known as ABACUS 2007-AC1 (ABACUS) all represented that the RMBS portfolio underlying the CDO was selected by ACA Management LLC (ACA), a third party with expertise in analyzing credit risk in RMBS. The SEC alleges that undisclosed in the marketing materials and unbeknownst to investors, the Paulson & Co. hedge fund, which was poised to benefit if the RMBS defaulted, played a significant role in selecting which RMBS should make up the portfolio.

The SEC’s complaint alleges that after participating in the portfolio selection, Paulson & Co. effectively shorted the RMBS portfolio it helped select by entering into credit default swaps (CDS) with Goldman Sachs to buy protection on specific layers of the ABACUS capital structure. Given that financial short interest, Paulson & Co. had an economic incentive to select RMBS that it expected to experience credit events in the near future. Goldman Sachs did not disclose Paulson & Co.’s short position or its role in the collateral selection process in the term sheet, flip book, offering memorandum, or other marketing materials provided to investors.

The SEC alleges that Goldman Sachs Vice President Fabrice Tourre was principally responsible for ABACUS 2007-AC1. Tourre structured the transaction, prepared the marketing materials, and communicated directly with investors. Tourre allegedly knew of Paulson & Co.’s undisclosed short interest and role in the collateral selection process. In addition, he misled ACA into believing that Paulson & Co. invested approximately $200 million in the equity of ABACUS, indicating that Paulson & Co.’s interests in the collateral selection process were closely aligned with ACA’s interests. In reality, however, their interests were sharply conflicting.

According to the SEC’s complaint, the deal closed on April 26, 2007, and Paulson & Co. paid Goldman Sachs approximately $15 million for structuring and marketing ABACUS. By Oct. 24, 2007, 83 percent of the RMBS in the ABACUS portfolio had been downgraded and 17 percent were on negative watch. By Jan. 29, 2008, 99 percent of the portfolio had been downgraded.

Investors in the liabilities of ABACUS are alleged to have lost more than $1 billion. (Paulson’s end of the transaction gained $1 billion - ed.)

The SEC’s complaint charges Goldman Sachs and Tourre with violations of Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Exchange Act Rule 10b-5. The Commission seeks injunctive relief, disgorgement of profits, prejudgment interest, and financial penalties.

As the Geronimo Manifesto explains, the CDOs are vehicles to buy insurance on bad things happening, and then to help the bad things happen along. Shhh don’t tell anyone except your trusted buds.

Start with a simple example. Assume I know the young son of the couple next door likes to crawl into closets and play with matches. I therefore see a reasonably good shot at “winning the disaster lottery” so to speak, by buying fire insurance on their $200,000 house.

In simple terms, I now have a financial interest is seeing that disaster occurs. If the house, for whatever mysterious reason, burns down an insurance company will pay me the insured value of the house - even though I suffered no loss, financial or otherwise. My neighbor’s misfortune is thus magically transformed into my good fortune. A polite way of saying I was paid $200,000, the insured value of my next-door neighbor’s house, after I paid the $400 insurance premium.

Being bright and suitably equipped with an MBA from a prestigious eastern university, I well and fully understand the desirable objective of maximizing my return on investment. I can accomplish this in one or both of two ways - increasing the return or decreasing the investment.

…Now change an assumption. Assume I tell 99 of my poker-playing gambler friends about the boy’s strange and dangerous interest. Starting with my appraiser buddy, who’s predatory income as a result of a mysterious fire will double, as a direct result of his appraisal.

Now assume the $400,000 house burns to the ground. One hundred or so insurance companies will collectively pay $40 million in claims on the loss of a single $400,000 house. The benefits of a $400,000 disaster are magically multiplied by a factor of 100 and transformed into a $40 million disaster - with one family suffering a loss and 100 families experiencing a gain.

That is what we are paying for. That is what we are bailing out with our hard-earned money. And everyone involved knows it. So somebody tell me, why hasn’t anyone in power said this entire casino is contrary to public policy and therefore these contracts are Null and Void?

Again: Credit Default Swaps: The Insane Problem and the Radical but Sane Solution.

It describes exactly the style of corruption in the SEC case against Fabrice Tourre, 31, of Goldman Sachs.

In an email to a friend on January 23, 2007, the London-based trader called himself “The Fabulous Fab” and warned about the coming collapse in the subprime mortgage securities market, according to the SEC complaint. In the message, he also dramatically expresses his own lack of foresight about the consequences of his risky trading activity:

“More and more leverage in the system. The whole building is about to collapse anytime now… Only potential survivor, the fabulous Fab[rice Tourre]… standing in the middle of all these complex, highly leveraged exotic trades he created without necessarily understanding all of the implications of those monstrosities!!!”

Arrogant twit, much?