What do you get when you cross a Dumbo with a Jackass? Answer: You get a dumb-ass, overweight US politician with a sterile mind who executes every order that comes
from our Shadow Government like some sort of mindless automaton. In
fact, we no longer have even a bogus two-party system with Dumbos and
Jackasses. We note that there was never a dime's bit of difference
between the two parties in any case (ask Herbert Hoover), but that is
even more true today than it was during Hoover's administration, as the
one world agenda, which both parties subscribe to, moves forward with
lighting speed. Since we really only have one party now, we thought
that we should take this opportunity to dub it the "Dumb-ass" party,
seeing as how this party is now hell-bent on destroying our country, and
themselves with it. If we are now starting to sound like the Mogambo
Guru, so be it.

Case in Point: The Obama-Dodd-Frank Frankenstein Fed Big Bankster Bailout Bill (hereinafter referred to as the ODFFFBBBB). We thought that we would
give credit for this toxic legislation to the three people most involved
in sponsoring this bill who also happen to be three of the highest paid
politicians in terms of their bankster-gangster campaign contributions.
So we have Obama," Dodd, the whipping boy, gopher and yes-man for Wall
Street who has never seen a bill that favored big bankster-gansters
that he didn't like, and Frank, who compete's with Dodd for the post of
top Wall Street whipping boy. What a motley crew (with no offense
intended to the heavy metal band "Motley Crue," who are paragons of
virtue compared to this group of miscreants).

So, the Dumb-ass party calls the ODFFFBBBB the much-needed financial reform that Main Street has been yearning for in the aftermath of the ongoing financial criminality
being used to economically destroy not only our country, but also
countries around the world, in order to pave the way for a one world
Orwellian police state of feudality. Obviously, nothing could be
further from the truth. There was nothing wrong with the old system up
until Glass-Steagall was removed and the Commodity Futures Modernization
Act implemented. Even after G-S was repealed and the CFMA passed
(thanks Bill Clinton, Alan Greenspan, Robert Rubin and Larry Summers),
there were still plenty of rules and regulations that very well could
have prevented many of the current ongoing financial debacles. The
problem was that no one used them. That is because they were instructed
not to by our Shadow Government. So instead, our so-called regulators
sat around watching porn as Rome burned. And if any of the states
started to investigate due to the complete inaction of the federal
regulators, their investigators ended up in a "honey pot" scandal like
former NY Governor Elliot Spitzer, or were threatened with such, or were
bought off.

The penultimate example of inaction was, of course, the Madoff Ponzi scheme, which, despite numerous warnings, continued to be uninvestigated or
under-investigated as the New York Fed wire-transferred Madoff's
investor's funds to Israel to help fund Illuminist off-shore retirement
accounts. The losses were bogus, and the books were kept in a shambles,
to obfuscate what was really a direct theft of funds by various
Illuminist operatives with connections to Israel. You'll find many of
these miscreants smoking cigars on the beach at Tel-Aviv after our
country finally implodes and civil unrest ensues. But the inaction on
Madoff was just the tip of the iceberg. You had the subprime debacle
where politicians, borrowers, appraisers, ratings agencies, loan
originators, investment bankers, brokers, Fed-heads and lawyers all lied
through their teeth to keep the fraud going while regulators picked
their noses. Then there were the astonishingly fraudulent activities
that led to the municipal bond and municipal bond insurer meltdowns, the
AIG debacle, the Lehman Brothers debacle, the Bear Stearns debacle, the
LTCM and Enron debacles, and on, and on, and on.

There were plenty of statutes, rules and regulations that could have been, and should have been, used to stop these ongoing frauds. But the underlings made sure they did
nothing as ordered. If they had attempted to do otherwise, they might
lose their cushy job where they were paid big bucks to watch porn all
day. Why would any Illuminist henchman-miscreant pass up on that
opportunity? If our regulators did anything, it was the opposite of
regulation, namely, they engaged in the whitewashing of criminal
activity with totally bogus investigations, diminutive fines and no jail
time, ever, for any Illuminists.

The system was never really broken, although weakened by the repeal of G-S and the passage of CFMA. The regulatory system does not therefore have to be fixed except to undo the repeal of G-S and to
implement the regulation of OTC derivatives which were deregulated by
the CFMA. Instead, the fix being suggested by the ODFFFBBBB is, in
reality, even more toxic than the current system has become due to the
complete lack of action by our regulatory authorities. This legislation
is intended to create a Fearsome Frankenstein Fed, elevating it from a
mere parasitical ghoul to a murdering, infamous monster, when it was the
Fed that led the charge for deregulation. The fox will now guard the
henhouse, and make the rules besides? Surely, you're joking, Mr.
Obama, Mr. Dodd and Mr. Frank.

What is broken is not the system, but the morality of the people who run it. The system is owned by the Illuminati. If we don't oust the Illuminati by buying gold and silver by the truckload and by
ousting all the incumbents and their ingrained corruption, the system
will never be fixed, but will become ever more corrupt so that
Illuminist cronyism and power consolidation can continue unabated until
we are in bondage to a financial juggernaut which we have termed the
Fearsome Frankenstein Fed.

We note that G-S, which we have used to denote Glass-Steagall, is also used sometimes to refer to the investment banking firm turned bank holding company, Goldman Sachs, aka the Vampire
Squid. We find this rather interesting as these two name pairs with
the same initials represent philosophies that could not possibly be more
contrasting and opposite.

Let's take a look at the members of the new proposed Financial Stability Oversight Council (the FSOC). First, we have the Secretary of the Treasury (meaning the latest implant from the Fed or
Goldman Sachs, in this case Tiny Tim Turbo Tax Geithner), who is also
the Chairperson of the Council. Then we have Chairman of the Board of
Governors of the Federal Reserve (Buck-Busting Ben, the fox who will
watch the henhouse). Next we have the Comptroller of the Currency (John
"I love GHW Bush" Dugan, who helped preside over the last culling of
the small fry during the S&L Crisis as part of Bush Sr.'s Treasury
Department), the Director of the Bureau of Consumer Financial
Protection, who will be an Obama appointee (aka "consumer protection
czar"), Chairman of the SEC (Mary "Jump Them Goldie Bones" Shapiro),
Chairman of the FDIC (Sheila "Let No One Ever Be Held Accountable" Bair,
aka Sheila "Let the Large Insolvent Banks Absorb the Small Ones" Bair,
aka Sheila "Shotgun Bank Weddings" Bair), Chairman of the CFTC (Gary
"Strong Dollar Policy by Gold Suppression" Gensler, aka Gary "Silver
Fraud, What Silver Fraud?" Gensler, aka Gary "What Do We Need G-S and
OTC Derivative Regulation For Anyway?" Gensler, Director of the Federal
Housing Finance Agency (Edward "Hide Those GSE Losses" DeMarco, who will
also come to be known as Edward "We Love to Eat Toxic GSE Waste from
the Fed" DeMarco). Finally, we have a Presidential Appointee with some
insurance expertise ("insurance czar") - hey Obama, how 'bout Hank
Greenberg, former Chairman and CEO of AIG - he would be perfect!

As you can see, the entire Council is made up of nothing but Illuminist marionettes. Our nefarious Shadow Government wiggles their strings and they do their deceitful
little tricks. Every one of them is an Illuminist automaton. So how on
earth could you possibly expect these people to in any way improve our
financial regulatory structure in a way that is going to benefit Main
Street, other than by throwing us a few bones here and there to gain
some credibility.

Then there is the new concept of the "non-bank financial company." This is how they intend to get all the major financial companies under the
tentacles of the Fed. Who decides what a non-financial company is? Why
the Fed does, of course, by making up its own regulations for making
that determination. And who decides whether any specific non-bank
financial company will get to be regulated by the Fed? Why its the
Financial Stability Oversight Council, of course, by two thirds vote,
which must include the Chairperson's yes vote, meaning former NY Fed
President Tiny Tim Turbo Tax Geithner. Since the FSOC, aka Council of
Illuminist Automatons, aka the new "CIA," are little more than
Illuminist marionettes and the Chairperson is the former President of
the NY Fed, well, we guess you get the picture by now. This is how the
Fed will gain control over all the major banks, bank holding companies,
investment banks, commodity brokers, broker-dealers, insurance
companies, hedge funds, pension funds, and licensed lenders. Anyone big
enough to threaten the system with a meltdown, especially those who
could impact large Illuminist institutions, will be brought under the
tentacles of the Fearsome Frankenstein Fed. We also note that the
Council of Illuminist Automatons can only make recommendations to the
Fed regarding its regulatory oversight, meaning that in the final
analysis, the Fed can do whatever it wants to.

So now, if you are a threat to the Illuminati, they can regulate you out of existence, or arrange to have you eaten up or absorbed by larger Illuminist institutions. And if
you want to be able to play with the big boys in the international
financial markets, you had better do as the Fed says, and play by
Illuminist rules, or you will be crushed. You either become a member of
the Fed Crony Club, or you become a member of the Fed's Bankruptcy
Club. The Fed will be able to enforce draconian regulations against
institutions that do not play by their rules, while these regulations
are never used against any Fed-friendly institutions, who will be able
to do as they please just as they did before the Council of Illuminist
Automatons was formed. All regulatory agencies will now do as the Fed
instructs them, which means doing nothing, except where the Fed wants to
crush a non-Illuminist institution. Illuminist institutions will
continue to get diminutive fines and zero jail time. So much for
financial reform.

Then there is the issue of bailouts and institutions that are too-big-to-fail. Illuminist institutions will still get bailouts, and
the ODFFFBBBB sets up a 50 billion dollar fund to force the healthy
non-Illuminist banks to pay for the losses suffered by the large
Illuminist legacy banks on account of their rampant, ongoing financial
fraud which these large bankster-gansters are using to destroy the US
and world financial systems to make way for the global Orwellian police
state envisioned by the New World Order. And only non-Illuminist banks
will be deemed too-big-to-fail, except where the Illuminati have to
break up one of their own to lend legitimacy and credibility to what
they are doing. Yes, they will sometimes use their own as sacrificial
lambs to gain credibility in the eyes of the public, as the current
dog-and-pony show of regulatory teeth-baring with the Vampire Squid, aka
Goldman Sachs, amply demonstrates.

In the end, however, remember that the plan is to destroy the world financial system, and many Illuminist banks will be destroyed financially, and be in need of a bailout, including the Fed. Not to
worry, because the ODFFFBBBB has a stealth bailout provision. When the
FDIC, as principal receiver and liquidator pursuant to the ODFFFBBBB,
liquidates a failed institution under the ODFFFBBBB, they can use FDIC
funds to pay off claimants in an amount equal to the failed
institution's cash and cash equivalents, PLUS 90% OF THE "FAIR VALUE" OF
ITS ASSETS that are available to be liquidated to wind down the failed
institution. But since all the Illuminist, and many non-Illuminist,
institutions alike are marking their assets to model instead of to
market, the FDIC will be allowed to overpay the Illuminist claimants of
any failed institution just as Tiny Tim Geithner overpaid Goldman Sachs
on their AIG insured Lehman bonds. This is just a codification of
previous shenanigans! First, the non-Illuminist institutions, banks and
non-banks alike, will be forced to fail by the Fed which, pursuant to
its new regulatory authority, will force them to mark their assets to
market, forcing them into failure (unless they have large Illuminist
claimants, in which case other reasons will be used to put the
institution under while maintaining mark to model fantasy values so the
Illuminist claimants can get paid in full). This will be done so the
Illuminist institutions can scarf them up for pennies on the dollar.
And if any Illuminist institutions might be negatively affected by any
such liquidation, there is a special failsafe provision in the ODFFFBBBB
that will allow them to get more than what they would get in straight
liquidation as discussed later below.

This process of controlled destruction with the Fed acting as a god-like institution with the power to destroy or save any given financial institution is called culling out the small fry or
eliminating the competition as was done in the S&L Crisis, yet
another contrived Illuminist hit on the non-Illuminist savings and loan
institutions. This legislation is also about enabling and empowering the
Fed to punish any non-Illuminist bank or non-bank financial company
that does things they disapprove of, like making large investments in
gold and silver, for instance.

Once the small fry have been thoroughly culled, the Fed will decide which Illuminist institutions will survive and which will be allowed to fail to keep the rip-off of taxpayer funds and monster
salaries and bonuses going. The surviving Illuminist institutions will
be overpaid on their claims against other failing Illuminist
institutions based on the government-sanctioned, bogus mark to model
accounting, so that taxpayers, via the FDIC, will be left with assets
that are worth a small fraction of the money that was used to pay off
the Illuminist claimants involved in the liquidation. This is similar
to what the Fed plans to do by having the GSE's buy back their toxic GSE
waste based on bogus mark to model values to give the taxpayers yet
another screwing. Mark to model fantasies are what the Illuminati like
to call "fair value" these days.

This corrupt process will continue for as long as the Illuminati can keep the system going so that they can keep paying out outrageous salaries and bonuses to Illuminist henchmen courtesy of US
taxpayers. When only a few major Illuminist institutions are left
standing, these humongous institutions will be destroyed by the
Quadrillion Dollar Derivative Death Star as planned in a worldwide
economic destruction of the old nation-state economic system, where the
Illuminati hope to force governments around the world to step in and
create a one world system out of the remnants of the large Illuminist
institutions which will all get bailed out under threat of a global
depression. These remnants will be combined to form a new global
financial system with unlimited diabolical power over all of mankind
which the Illuminati plan to use to replace the old nation-state system
which they are in the process of destroying as we speak. This "creative
destruction," as Alan Greenspan, aka "Mr. Bubbles," likes to call it,
is how we will get to the Mark of the Beast scenario from the book of
Revelation.

As an aside, note the deafening silence in the media and newsletters concerning the Quadrillion Dollar Derivative Death Star. That is
because if people truly understood the implications, they would be
buying gold and silver by the truckload, along with their related
shares, which together comprise your only salvation at this point. If
you think a meltdown of the Euro zone electrified the gold market, the
public's realization that the Quadrillion Dollar Derivative Death Star
is on the verge of imploding would be like a million lightning bolts
hitting the gold market all at the same time. In the eyes of investors
around the world, gold would become as bright as the ensuing supernova
from the gravitational collapse of the Quadrillion Dollar Derivative
Death Star.
Note that the FDIC, which is the main regulatory authority charged with conducting liquidations of failed institutions of
all kinds under the ODFFFBBBB bill, must liquidate commodity brokers
and non-SPIC insured broker-dealers in the same fashion as firms that
are liquidated pursuant to normal bankruptcy laws. This means that when
all the commodity exchanges go down as the gold and silver Ponzi scheme
frauds are unveiled, all the boneheads who invested in these gambling
casinos will get vaporized. Not so with other institutions, where
normal bankruptcy rules are suspended, meaning that many Illuminist
claimants will not necessarily be cut off if the FDIC deems it necessary
to pay them more than their fair liquidation share if necessary to
minimize the FDIC's losses as receiver from the orderly liquidation of
the failed institution. This can only be done with the consent of the
Treasury Secretary, Tiny Tim, who will of course rubberstamp all
requests favorable to Illuminists. Translation: If an Illuminist
claimant of the failed institution is also insured by the FDIC, and that
claimant might suffer losses or even go under as a result of getting
only the normal liquidation payout amount, then the FDIC could give them
more than they would normally get to prevent the FDIC from having to
liquidate the claimant as well, thereby suffering further losses in a
chain reaction of failures. Once again, this is another codification of
ongoing shenanigans. So now Goldman Sachs or J P Morgan can get paid
in full, or more than their fair share, for their Lehman bonds even if
AIG goes under and the bonds are marked to market as long as they are
insured by the FDIC and the FDIC would be putting them in harms way by
paying only the usual liquidation amount. It's just another excuse for a
taxpayer-funded bailout.
Now here's the kicker. The original Obama financial reform bill talked about the Fed working hand in hand with
the FDIC in terms of figuring out how to fund the liquidation plans of
failed institutions. In other words, the Fed would arrange to provide
the funds necessary to pay off claimants while the FDIC was in the
process of selling off assets in an orderly fashion. The Fed would put
up the money based on the cash plus 90% formula so that the assets did
not have to be sold off in fire sales for far less than they were
prospectively worth. What this really means of course is that when an
institution with big Illuminist claimants fails, the Illuminist
claimants of the failed institution will get their claims paid based on
mark to model fantasy values for the failed institution's assets. That
way, when the assets are sold later on for far less than their mark to
model fantasy values, the taxpayers will get stuck with the bill, not
the Illuminist claimants. And here is where it gets interesting in the
ODFFFBBBB version. In the ODFFFBBBB version, all talk about the Fed
working with the FDIC is removed. Instead, the bill obfuscates this
issue by stating that the FDIC may issue obligations to the Secretary of
the Treasury to help fund the "orderly liquidation" (i.e. to fund the
payment of claims filed by large Illuminist institutions). But where
then does the Treasury get the money to be doled out to the FDIC in
return for the FDIC's obligation to the Treasury? The money is created
by the Fed out of thin air, of course, as only the Fed has the
monopolistic privilege of creating paper or digital counterfeit money
out of thin air, at interest to taxpayers no less. So the Fed will of
course be involved all along the way, but they don't want you or
Congress to know that, since the Fed has become very unpopular as of
late, with much of that unpopularity arising in connection with the
Fed's involvement in many of the big bailouts that have incensed the
public on account of the cronyism and accounting frauds that have come
to light. So all we get from the ODFFFBBBB is the same old, same old.
Once again, so much for financial reform.

Then we have the creation of the Office of Financial Research. This is a euphemism for a Fed spy agency that will be created and empowered to snoop among Fed-regulated banks and non-bank
financial companies so the Fed can investigate and get the goods on
non-Illuminist financial institutions. That way, the Fed will know
their weaknesses so they can extort them, punish them or put them under
at will. This will also provide the Fed with oodles of insider trading
knowledge which they can pass on to their various operatives. How do
you think that Goldman, JP Morgan and Bank of America can go an entire
quarter with no trading losses. They are front-running trades, and
working hand in hand with the PPT as it manipulates world markets 24/7.
And now they will have yet more tools at their disposal. Their perfect
trading records for Q1 of 2010 tell you in spades that the system is
rigged against non-Illuminist investors. This totally blatant and
arrogant criminality is simply unprecedented.
Most importantly, the bill to audit the Fed has been gutted from a full audit to a disclosure
about who the Fed doled out money to in the aftermath of the 2007
credit crunch and subprime debacles. This is better than nothing and
could lead to a more complete audit if the findings warrant it, but this
buys the Fed a lot more time to milk the system for all it is worth
before the Big Takedown is executed and everything is destroyed. Then
the audit will be of little use other than for a revenge vendetta
against the Fed. With the world financial system in shambles, the Fed
hopes that people will be too preoccupied with their own problems to
worry about the nefarious dealings of the Fed that have gone on now for
almost a century.

If Congress really wanted reform, they would reinstate Glass-Steagall, regulate the OTC derivatives market, thoroughly audit and terminate the
Fed while transferring its powers to the Treasury Department, terminate
and disband the PPT, implement the "Volcker rule" against proprietary
trading by banks, require that the FASB (Financial Accounting Standards
Board) enforce mark to market rules for financial reporting, stop all
black box front-running trading activities, fire and investigate for
fraud and obstruction of justice virtually all of the regulatory heads
who fiddled and watched porn while Rome burned, expand the funding and
manpower available to all regulatory authorities, encourage the state
regulatory agencies to intervene wherever and whenever they desire,
insist on thorough policing of the system with full accountability for
regulatory failure, and thoroughly investigate and punish all past
financial crimes, with plenty of jail time and humongous fines to be
doled out to provide a deterrent against future criminality. And most
of all, require full accountability for losses without so much as
another dime going to bail out financial criminal fraudsters.

Did we get any of that in this bill? Not a freaking one! This shows you in no uncertain terms that your Congress has no intention whatsoever of implementing any meaningful
financial reform whatsoever. All the ODFFFBBBB does is it allows the
criminals at the Fed, and that run the large Illuminist financial
institutions, to continue to game the system with even greater power
than they already have. This bogus, so-called reform bill creates a
systemic monstrosity with god-like powers that will be used to suck up
all the wealth from taxpayers and non-Illuminist financial companies as
by a parasite's proboscis, siphoning their lifeblood upward to the
Illuminist players at the top of the financial food chain. Everyone but
the Illuminati will be abjectly impoverished as the old nation-state
economic system is destroyed. The Illuminati want everyone to be as
vulnerable as possible when they take the system down, to bring them to
their knees so they will accept a one world government. Any
Congressional miscreant who votes for this bill should be thoroughly
punished in November. Voting lists will be provided so you can show
your "heartfelt appreciation" for our "beloved" Congress's ongoing
slime-ball activities this November.

The import price index reached 0.9% in April compared to 0.5% in March, however failed to match analysts’ predictions of 1.0%. Over the year, the import price index registered
11.1% in April compared to 11.3% at last reading.