Custom Search
Top Stories
Go to Site Index See "Top Stories" main page
COMMENTARY · 24th July 2013
MWPR
We can debate the intent of the actions and we can debate the full awareness but there is no debate of the effects on communities and families, destitution.

Although most people allowed to walk freely are not aware, BC recently suffered a quarter billion dollar financial blow and are facing a further one full billion debt obligation all due to exposed direct market manipulations.

Over a full decade ago the electrical grid providing power across North America, along with companies providing the power into the grid, was seized by corporate criminals. Enron was the chief criminal agent. BC Hydro’s export arm, Powerex, was also playing the game. These players along with many others, including the accounting firm Accenture - Arthur Anderson, forcefully and deliberately restricted the supply of readily available electricity to force up prices. To do this effectively they caused blackouts across California. Residents and companies went broke and some people got trapped in elevators when the power was simply turned off. A couple of those who deliberately caused this fake shortage were taped during a phone conversation laughing and ridiculing the citizenry.

Today the citizenry are still being played and laughed at. The multi billion dollar profits the Enron type criminals discovered they could achieve by simply manipulating supply and demand were irresistible. Those who were, and still are behind all of this criminal activity, have never been clearly identified. The full investigation into Enron came to a sudden halt as all the records were kept in Building 7 at the World Trade Center in New York City. When the two towers fell on 9/11 - 2001 the third building, building 7, was ‘pulled’ by controlled demolition, destroying all the records of the criminal activity manipulating the world commodities markets.

So the game continued with the largest investment firms and banks. Clever economic manipulators such as Blythe Masters, a young woman from JPMorgan Chase who devised derivative trading and credit default swaps that created the enormous financial meltdown in 2008, have devised even more extravagant manipulations. It wasn’t bad enough that entire neighbourhoods have been abandoned due to the mortgage fiasco forcing thousands upon thousands of citizens onto the streets, and even recently forcing Detroit finally to declare bankruptcy.

And it is the biggest, those claimed to be ‘Too Big to Fail’ such as JP Morgan Chase, Goldman Sachs and Morgan Stanley who are behind these criminal activities, those who the Americans and the world citizenry ‘bailed out’. They were even exposed with the Libor scandal of openly and conspiratorially gaming everyone, the clear conspiracy was exposed for all to see, yet ....

Today these Banks and Investment firms have taken to buying huge warehouses to stockpile all the materials needed by the worlds manufacturing and food industries and keeping it locked up and unavailable forcing prices higher and supplies unattainable.

This all became possible as the governments agreed with corporate lobbyists that the regulation of their respective industries were not necessary, they could and should regulate themselves “it is the best thing for the free market” they all argue.

Joseph A. Palermo wrote in the Huffington Post; “When it comes to aluminum, cotton, coffee, oil, wheat, and copper the behemoth banks have been charging all manner of rents and premiums for doing nothing other than controlling supply through creating artificial delays to drive up prices then reap the windfall of their own manipulation.”

Aluminum being of particular interest to those in Northwest BC, according to the New York Times; ”In the case of aluminum, Goldman bought Metro International Trade Services, one of the country’s biggest storers of the metal. More than a quarter of the supply of aluminum available on the market is kept in the company’s Detroit-area warehouses.

Before Goldman bought Metro International three years ago, warehouse customers used to wait an average of six weeks for their purchases to be located, retrieved by forklift and delivered to factories. But now that Goldman owns the company, the wait has grown more than 20-fold — to more than 16 months, according to industry records. “


And this is not all. The deregulation and open ‘Aussie Rules’ (no rules at all) game of the financial world has created an opening for the complete devastation and full rigging of everything and everybody.

"Using special exemptions granted by the Federal Reserve Bank and relaxed regulations approved by Congress, the banks have bought huge swaths of infrastructure used to store commodities and deliver them to consumers — from pipelines and refineries in Oklahoma, Louisiana and Texas; to fleets of more than 100 double-hulled oil tankers at sea around the globe […] The maneuvering in markets for oil, wheat, cotton, coffee and more have brought billions in profits to investment banks."

The stock market was completely controlled by these boys with an elaborate computer operated buying and selling program such that they could short and long sell before anyone else knew what was going on and create small and large panics.

Last month when Gold fell sharply it could easily have risen. It was and is all rigged. No one can predict what will happen except those who hold all the strings and those people are the men and women behind the largest investment firms and banks.

NO COUNTRY IS ACTUALLY EVEN A COUNTRY ANYMORE

No longer are ‘Countries’ even feigning sovereignty. They all know there is absolutely nothing they can do to effect any real change. Minor policies and adjustments will likely be ignored but any effort to restrain these huge manipulators and criminals will be met with the most severe economic retribution. It is why Stephen Harper, upon achieving his majority Government, immediately introduced what was called ‘Omnibus’ Bills. These measures took away all the restrictions so these criminals would have free access to every resource in Canada’s ‘sovereign’ territories. It is why he increased the retirement age without so much as a discussion, even announcing it in Europe where this has been demanded of other Nations by the IMF (International Mafioso Federation).

Of great significance also is how the Omnibus Bill introduced the measures taken by Cyprus, whereby the Citizens Bank Deposits were no longer protected by Deposit Insurance. “Systemically Important Banks” are now allowed to just take your money if they need it. The bill calls this “conversion of liabilities”. The actual wording is; “… in the unlikely event that a systemically important bank depletes its capital, the bank can be recapitalized and returned to viability through the very rapid conversion of certain bank liabilities into regulatory capital.”

And for the very same reasons the Omnibus Bills removed environmental regulations and the protections afforded to rivers and lakes with the changes to the Navigable Waters Act.

In BC we still have Enron spin-offs such as Accenture who were behind the installation of BC Hydro’s Smart meters. When former Premier Gordon Campbell sold off the management of BC Hydro to Accenture, he was doing exactly what the criminals wanted. He was rewarded with the Ambassadorship to (not so Great) Britain. It seems as if someone or some family in Britain has always been behind the pillaging of the good work and resources required for citizens, common people, to survive or even have a decent standard of life without the constant threat of poverty.

One might consider how the Premiers and the Prime Ministers Offices are staffed and run by people who are unelected and unaccountable to anyone. Even the office Budgets seem to be unattainable as has been exposed by the Senate Scandal in Ottawa. When Nigel Wright was exposed for writing a $90,000 cheque to Mike Duffy, it wasn’t the exposure of the deed, it was the exposure of Nigel himself. Apparently it was he who was directing Stephen Harper all along; one of the Billionaires behind the scenes orchestrating all the actions of the Canadian Government. So who really was/is the Prime Minister?

And Gordon Campbell was known for having the same secret behind the scenes players working under his office direction. It is why the sale of BC Rail, BC Hydro, the Rivers of BC along with so many other shenanigans occurred during his leadership. He also knew he had no power except to do as he was instructed. Rafe Mair has much to say about this and more.

Gordon Campbell was the first to speak about gutting the Navigable Waters Act long before Harper was able to do exactly what the Internationalist Bankers demanded he do.

Almost every major news paper and media outlet has reduced their reporting staff to zero. Investigative reporters are all but gone. Only small snippets of real investigative exposes' on these crimes are being allowed for the general public to learn the truth.

BC Hydro just lost the first round of a series of lawsuits involving the California Blackouts due to the market manipulations by Enron and the insiders at Powerex. Another Billion dollars is at stake. And Gordon Campbell’s office directed the BC Utilities Commission, with the secret compliance of the Kitamaat Village Indian Band Reserve Government Chief Councillor Steve Wilson, to pay enormous returns to the owners of the Kemano Hydro Electric Power Station. Power rates much higher than the power could be even sold for. This along with the Smart Meters installed by the Enron offspring, Accenture. Strangely enough, Accenture contracted a company called Corix to install the Meters who then in turn hired disgraced Chief Councillor Wilson as management.

BC Hydro will go broke and get sold off as it is another part of the commodities and energy package the criminals must completely own and control. Having such a remarkable energy company owned by the people is completely unacceptable. Gordon Campbell only did a small part to begin the process.

SO TO SUM UP

When the first round of corruption was clearly exposed in 2001 with the Enron fiasco the world audience was distracted by the events at the World Trade Center. Most people didn’t hear much about the third building that fell which destroyed all the evidence. When the second round of corruption was exposed with the Banking collapse of 2008, the people were tricked into bailing out the very institutions that caused it. The terms used were all trickery too. Besides all the jargon repeated ad nauseam by media talking heads, as if the people really understood what they meant, like derivatives, credit default swaps, now Quantitative Easing has taken center stage. All it really means is the financial world is printing tons of money and putting it into circulation. This has always led to extensive financial disasters throughout the last 150 years. It makes the money worthless.

Today as these criminals now control and manipulate; store and restrict the supply of all goods, energy and materials required for survival; even the ability to take your money whenever they wish, (worthless as it might be), the citizenry remain uniquely uninformed.

If we all do as we are told the supplies might be released in enough quantities to keep the common folk content. If the elite stay in check the price of Gold may be allowed to rise enough to keep them working in the resource extraction sectors. They should be aware however that all mines are now being designed to be run by remote control. Very few workers will be required in the future. Caterpillar is one of the most advanced in this regard.

But should any segment of society, government or industry be required to be punished, should any single entity step out of line, these criminals now possess every tool available to crush the dissent. Electing a new leader or a new Party for any democratic state is useless. The jig is up and has been for a long time.

As for me personally, maybe I'll join the Catholics and pray to one of their Saints for salvation from the criminals. Or maybe get the Priest to forgive me for telling the truth, yet again. Will I need to pay for that? Or is the Catholic Church 'Systemically Important' too, so they can just take all my income? Ah crap, that's right, they already did.