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The Collapse of a Ponzi Scheme

March 18, 2012 in Finance

A few days ago, I discovered a booklet that explained fractional reserve banking so that I could understand it. Through studying this information, I now see that fractional reserve banking allows bankers to create money out of thin air. This disrupts the traditional paradigm of wealth, value, and labor.

broken piggy bankAt best, it is a creative way to manipulate money. At worst, it is the ultimate Ponzi scheme that must eventually fail.

Since it worked for so many years, bankers and financial managers developed similar games to do the same thing. These include stocks, bonds, mutual funds, and other paper investments such as derivatives.

They have discovered that when enough of them work together to manipulate the market, they can cause the market to go up, they can cause it to go down, and they can make inordinate amounts of money.

The results are staggering. The well-documented article linked here describes what has happened in the past. It appears that has been common practice for years.

This practice could be coming to a close.

Those in the industry had to know it was just a matter of time until the general population figured out we have been scammed by the financial manipulation. They had to know they were working against the natural laws that govern wealth, value, and labor by not exchanging value for value. Therefore, they pocketed as much money as they could while they could.

Now, they are leaving in record numbers.

The acceleration in the number of resignations over the past three quarters from two thousand to seven thousand to sixteen thousand in this unfinished quarter indicates they know something is about to change.

I’m sure some are leaving because they can no longer participate in this greedy game. As I said yesterday, mainstream media wants us to believe this is the case with everyone.

I’m not buying that.

I suspect some are leaving because they are afraid of what the general public will do as more of us become aware of the rules of their game. The Occupy Movement is using the warmer weather to press its message and their numbers appear to be growing.

I suspect others are leaving because they know they can’t manipulate the new system. They see the new financial system based on gold and commodities and they are stepping aside to let it arrive. Maybe they are doing this voluntarily. Maybe they are being forced to leave. Maybe it is a combination of the two.

Yes, we are approaching significant change in the financial industry. The signs indicate the Ponzi scheme of fractional reserve banking is collapsing.

Are there any indicators other than the resignations?

Yes, there are.

In fact, I’ve seen some during the weekend. I don’t have enough confirmation to write about them yet. However, if what I am hearing from industry insiders is any indication, things are about to get really interesting.

I’ll keep you posted.

If you have any information to add or have thoughts about this article, feel free to leave your comments below.

The Mass Exodus Grows

March 17, 2012 in Finance

Now that I have had a day to research fractional banking, talk with other people about it, and recognize the ramifications, my head is spinning.

The reason is simple. This concept of creating money out of thin air disrupts the traditional paradigm of wealth, value, and labor.

It begs the questions, “If an item of value can be created without effort, is it still valuable?”

It is if we say it is.

However, what happens if the things that were once valuable are no longer valuable?

Does this create unrest? Does this cause people to flee in confusion?

Is this what we are seeing in the flurry of bank resignations? At last count, the number was approaching 400.

The resignation story grazed mainstream media this week when the New York Times published an Op-Ed piece by Greg Smith, a former Goldman Sachs executive director and head of the firm’s United States equity derivatives business in Europe, the Middle East, and Africa. The piece was his resignation letter.

It documented why he is leaving. The story caught the attention of at least once major network and became the lead story on that night’s news.

He claimed he was disgusted with the change in attitude he has seen at the financial institution. He said it was all about the money and not about the customer.

Smith’s story is interesting in that it calls attention to a situation without telling the true story. This is mainstream media’s (MSM) primary way of distracting from the truth. They report a story that explains questions raised by the general public without giving the true reason. This has worked in the past as the general public as blindly accepted the explanations without question.

The technique has become less effective.

In fact, LordOfArcadia; a member of AboveTopSecret.com has followed this story extensively. Rather than buy MSM’s bland explanations, he decided to see if the number of resignations was really an abnormally.

Here is what he wrote:

The Securities Exchange Act of 1934 requires that publicly traded companies must report to the SEC whenever a member of the Board or a certain officers resigns. Also, the SEC has a database named EDGAR that is open to the public. After a little research, I discovered that corporations must report said resignations on Form 8-K, Item 5.02. From there, it was a simple matter of searching only Form 8-Ks within a specific range of dates, and including the boolean search terms “Resigns” and “Resignation”.  

I felt this would at least offer us a baseline comparison to see if there is truly an uptick in resignations, or if it just appears that way. I think you will be interested in the results.

SEC Resignation ChartThe chart at the left shows the results.

Since 2008, the number of quarterly SEC resignations has hovered around 2000 a quarter. In the fourth quarter of 2011, the number bumped to almost 7000. So far, in the not yet complete first quarter of 2012, the number is around 16,000. If we throw out the averages, there are 5000 additional resignations in last quarter and 14,000 more this quarter. At this rate, we can conservatively say the number will approach 20,000 by the end of the month.

I now realize this story is even bigger than I imagined. The hundreds of resignations were only those reported through news stories. The SEC research indicates something larger, much larger.

I will continue to write about this tomorrow.

The Next Best Actions for Peace

March 12, 2012 in Finance, Future, Opinion, Spirituality

Looking for the Next Best ActionMy purpose in writing an article each day is to respond to news and life from a peaceful perspective. As I’ve said many times, I write for me. I write about what interests me. I’m honored that readers look over my shoulder.

I hope that by writing about the information that comes across my desk, adding my perspective, and formulating a peaceful response, I can help us arrive at World Peace.

I admit this is a selfish act because I prefer World Peace to World War.

Part of a peaceful response is a peaceful preparation. Therefore, I use the information I encounter to describe how to prepare peacefully for what may be ahead.

Notice, I am not predicting what will happen. I’m looking at the signs in an attempt to determine what may be happening. Then, I’m providing a response that will allow us to move towards peace.

The question I’m always attempting to answer is “Based on the current situation, what is the next best action that will lead to peace?”

Sometimes this is a global response.

More often, it is an individual response. I know that, as more and more individuals obtain Peace of Mind; we will create a global consciousness for World Peace.

For today, I’m still interested in the large number of resignations and investigations since the first of year. According to Global Mass Resignation Facebook Page, the current number is 350.

Except for mainstream media, others are interested in this story too. One website has sliced and diced the data into informative grafts.

I’ve heard rumors that those who are leading corrupt organizations have been given until March 23rd or perhaps as long as March 31st to resign or face arrest. When I ask who has set the deadline, I hear two answers: 1) The White Hats, 2)The Peaceful ETs.

It appears that either group may have the power to enforce this deadline. Apparently, The White Hats control much of the American military and ETs, what some call Anunnaki, have been seen in the Pentagon with three stars on their collars. This interview with a twenty-seven year military veteran who retired as a Command Sergeant Major provides those details.

In addition, this recording with Dr. Steven Greer and Dr. Ted Loder outlines the technology available to peaceful ETs that may not be available to government leaders yet.

Therefore, I suppose it is possible that either group has enough clout to push for the resignations. If The White Hats have reached agreements with the ETs, they certainly have enough strength to create significant change.

It may be possible that those who are resigning are corrupt and this is a massive house cleaning. It may also be possible that those who are resigning are smart. They see the handwriting on the wall. They realize a change is ahead and they don’t want to participate in it.

Those who are watching these events with me keep asking what I think will happen next.

I keep saying, “I don’t know.”

I ask these questions in response:

  • If we have a revaluation of the world’s currencies, how will this affect you?
  • Will it cause panic in the streets?
  • Will it shut down power and communications systems for a while?
  • Will it disrupt the banking and investing industries?
  • Will it start a war in the Middle East?
  • Will it prompt martial law in the United States?

Of course, there are other possibilities in our world that could cause panic, shut down systems, disrupt financial industries, start war, and prompt martial law.

We have chosen to live in interesting times.

What is the peaceful response?

As I said yesterday, acquire and maintain physical control of your assets. If you have large amounts of money in the bank, stocks in a brokerage house, or other paper assets, convert them to something you can own and possess in your hands.

Then, use those assets to invest in sustenance items so you can maintain a household at your current location if all systems shut down. This includes items such as food and water, non-grid power and communication systems, and other necessities for living including first-aid supplies, a composting toilet, and cooking supplies.

In addition, prepare go-bags in case you need to move to a different location for up to two weeks.

Most of all, stay in the moment. Be aware. Listen to and trust your intuition.

I believe these are the next best actions we can take to lead us to individual peace and ultimately, to World Peace.

The Motivation to Quit

March 10, 2012 in Finance

ResignationAfter spending several days looking in vain for the motivation for the massive number of bank, financial, and business resignations, I was overwhelmed with possible explanations yesterday. This article provides some of those reasons.

The first is the accelerating of a situation I wrote about previously. Greece’s bond swap is looming on the horizon. Their bailout, which will arbitrarily reduce their debt by at least fifty percent, has the potential to cause issues throughout the world’s financial markets as Greece’s investors lose value.

The article linked here says this event meets the requirements necessary for derivatives to pay out billions of dollars. It remains to be seen how many billions. This will be decided in a week and a half.

Many insiders believe what has started in Greece will move throughout the rest of Europe.

In fact, all of Europe is uneasy about the financial situation. Switzerland and Germany have both inquired about bringing their gold back within their borders just as Venezuela did a few months ago. The article linked here and the links within it describe a vault on a Manhattan property recently purchased by the New York branch of The Federal Reserve that may or may not host the gold.

Truthfully, Switzerland and Germany have no idea where their gold is being held. As the financial crisis intensifies, they are losing their confidence in The Fed because assets tend to disappear in times like these.

The European unease over these financial situation certainly provides motivation for those in the banking and financial businesses to exit.

However, the motivation doesn’t stop there.

Iran and China, in cooperation with the BRICS countries of Brazil, Russia, India, China, and South Africa, continue to move away from the dollar as an instrument of trade. This includes violating the agreement made in the 1970s to sell oil only to those buying with dollars.

Iraq was successfully bullied away from trading oil for non-dollar instruments. It is unlikely that Iran and China will be bullied easily, if at all. The situation remains tenuous.

Then, there is the revaluation of the Iraqi Dinar. The rumors of the past couple of days say the RV has happened in some markets and it will progress through the remaining markets over the next few days.

The most compelling argument for this occurrence is that several experts are explaining how to protect this asset if someone intends to store it at the local bank. One article explains how to use accounts that are insured for more than the $250,000 FDIC limit. Another provides suggestions on how to work with the local bank vice-president to make sure dinars are not lumped in with dollars.

The logic is that when the dinars are revalued, the dollar will lose value. If this is the case, a depositor would lose substantial value if deposited dinars were listed in the account as fiat dollars.

Any one of these stories, all which came to me over the past twenty-four hours, could be motivation for someone in the banking, financial, or corporate environment, to consider a career change. The fact that all of them are happening at once may be all that is needed to explain the more than three hundred resignations and investigations since the beginning of the year.

By the way, if you think this doesn’t affect you, I suggest you think again.

I will explain why in tomorrow’s revealing article.

One Possible Explanation for the Mass Resignations

March 7, 2012 in Finance

I’ve watched the mass resignations of financial, banking, corporate, and government leaders with fascination. As I said yesterday, there is a unique energy here. I’ve never seen anything like it.

So, what does it mean?

Are the resignations an indication of a financial system collapse?

Do they mark the beginning of a new prosperity system?

As far as I can tell, the answers may be yes and yes.

The resignations are an indication of the collapse of the current financial system and the beginning of a new prosperity system.

One version of the story goes like this.

The Iraqi wars were actually a way to setup the new financial system. Initially, this was supposed to be another insider trading scheme that pilfered assets from the general public. It was only supposed to be for the ultra-wealthy: The Illuminati and its associates. (I wrote about the inner workings of this scheme a couple months ago.)

Sirrush Iraqi DinarHowever, along the way, word leaked out that the Iraqi dinar was the currency for the new financial system. This led to substantial investment in the currency by the general public. Since the general public was not supposed to be in on this deal, there has been a wide campaign to call investing in the dinar a “scam.”

Thanks to the Iraqi wars, the dinar isn’t worth much today. The rumor is that there will soon be a revaluation of the dinar. This will somehow usher in prosperity for the world.

The explanation is that many of the world’s currencies will be tied to the revalued dinar, which will be a gold and/or commodities-based currency.

The basis for this currency was supposed to be the missing fifteen trillion dollars in assets discussed in Lord James Blackheath’s recent speech. (You may listen to it at this link or read it here towards the bottom of the page under Column 1016.) Blackheath, who is apparently associated with the White Hats, discretely brought this theft to public light so the old power mongers would understand their time in power was complete and they could no longer operate in secrecy.

It seems there was a plan to kill Blackheath for his speech. There were reports that Wikipedia even reported his death as February 29th for a while. This has since been corrected since Blackheath is alive and well.

However, Andrew Breitbart, a former editor at The Drudge Report, wasn’t so lucky. He said something big was coming on March 1, the day he died at the young age of 43. Numerous conspiracy theories have sprung up around his death. Although the focus has been on videos from Obama’s college days, some are quietly wondering if Breitbart knew something about the currency situation and the Obama videos are a distraction.

It appears that, indeed, the currency revaluation was supposed to happen around the first of March. Insiders are saying most of the work is done and the new system will be up and running any second. (To be fair, I’ve heard people saying it was supposed to happen for months so there may be nothing magic about the March 1 date.)

Apparently, The Illuminati resisted the plan for a while until they, supposedly with the help of Bill Gates, created back doors in the new system’s software that would allow them to siphon off the winning investments of the general public. However, The White Hats troubleshooting the system found the back doors and closed them. This has delayed the revaluation for several days.

In addition, more and more countries want their currencies on board with this new system so the programming of the computers has taken more time than expected.

The mass resignations are happening because either those people don’t want to work through this transitory time or they are being threatened with arrest for their roles in the theft of the general public’s assets.

Another aspect of this story is that those who follow channelers believe these resignations are an indication that the ETs are helping in the process and will soon obviously reveal themselves to the general public.

It is a fascinating story.

Is it true? Maybe it is.

If it isn’t, then what else could be going on?

I invite you to leave your comments below. I’ll write more about this tomorrow and include your relevant comments as we attempt to put together this rapidly developing puzzle.

A Peaceful Response to the Mass Resignations

March 6, 2012 in Finance, Spirituality

White Peace FlagThe headlines I referred to at the end of yesterday’s article are the same headlines I referenced almost a week ago. They are the ever-increasing reports of the resignations of bank, financial, government, and corporate leaders.

By my count, through yesterday, the number was two hundred and twenty-one. That’s almost four a day, every day, including weekends since January 1!

One blogger has put together this impressive list.

Someone else has taken it a step further and put together a Mass Resignation Facebook Page.

The Facebook page is the most up-to-date source I have found so far.

In spite of these efforts, no one has yet, to my satisfaction, explained what is going on with this situation.

There is a lot of speculation. That’s for sure.

When I wrote about the mass resignations less than two weeks ago, I said I was overwhelmed by the sheer number.

That number has grown by FOUR TIMES since then.

Obviously, whatever the reason, things are intensifying and accelerating.

The question remains “What does this mean?”

I said previously, “…resignations are typically part of deals. Those resigning become scapegoats for illegal or unskillful acts. Are the financial leaders leaving their positions as part of an agreement to avoid arrest? Are they leaving because they don’t want to remain as captains on sinking ships?”

Now, I wonder the same thing about the business and government leaders.

Do these resignations reveal corruption throughout the banking, financial, business, and government systems?

Are the proverbial dominoes falling, one by one, in order, as the entire system collapses?

Many people interpret these headlines as the end of corrupt leadership. They are celebrating.

May I lend a little perspective?

If our goal is to live in prosperity and love without interference from power mongers and dictators, it is important that we practice peace and love in this process.

If we don’t, we will become the next power mongers and dictators.

If we don’t, we will become the next generation of corrupt leadership as we act without considering a world that works for all.

The acts of forcing resignations, arresting those we perceive as corrupt, and punishing those who oppose us do not change the energy of our world. They only perpetuate the system the light workers and peacemakers say they want to end.

My hope is that these resignations are a peaceful way of encouraging those who have manipulated our current financial system to go to the sideline while the new team takes the field. I hope the new benchwarmers will observe the changes and adapt their methods so they can move cooperatively into what is ahead. I hope the replacements will incorporate the skills of those they replaced and involve them for the good of all.

I believe the intended purpose of this process is to practice peace and love.

Removing those who have practiced corruption is a viable step. Replacing them with personnel that are more qualified is advised. Refining our vision so everyone may get back into the game with a peaceful perspective will prevent us from recreating the inequitable system that appears to be falling today.

This situation is remarkable. I’ve never seen anything like it.

This situation has taken on a life of its own. It is gathering momentum.

This situation has a powerful energy. Let’s use it to correct past mistakes, not repeat them.

Tomorrow, I’ll offer my guess at the reasons for these resignations.