The trillion dollar Dragon Family law suit

[daven]

OK Folks. This is official. I am not $HITTING you when I say that the Empire is now OFFICIALLY COLLAPSING. This is NO JOKE, this is NOT SOME HASTY CONCLUSION. IT'S BEGUN. The Credit Black Hole of the Derivatives Death Star Collapse has BEGUN.

Besides analysing today's last Treasuries auction, this came out like a bolt from the blue.

To give you some background, remember how I wrote about the derivatives bubble? I'm sure you're thinking, "Asian Brutha, whaddya mean remember how you wrote about the Derivatives Bubble, that's ALL YOU EVER WRITE ABOUT you single track minded SOB!"

OK, OK, Anyway, back in 2009, the publisher of the newsletter I'm writing for gave a very insightful interview on a radio show with respect to how world neo-colonialism worked, and in particular, Derivatives. The archive of it is here.

http://www.achieveradio.com/archplay...-Cash_Flow.mp3

Listen to it. You'll hear him mention something incredibly important about the ARCH DEALER in Derivatives. That dealer, is JP Morgan.

Here are the two bolts from the blue that just DAZED me when I got them.

First:

http://www.zerohedge.com/news/jpm-cr...-market-losses

"JPM Crashing After It Convenes Emergency Call To Advise Of "Significant Mark-To-Market" Losses In Bruno Iksil/CIO Group"

Guess what the Iksil group deals with? You GOT IT! Derivatives! And WHAT KIND?! CDS's!!

Oh, this gets even BETTER!

Here's the next one:

http://www.zerohedge.com/news/worlds...just-went-bust

"The "World's Largest Prop Trading Desk" Just Went Bust"

Here's a VERY important highlight in this article:

“What Bernanke is to the Treasury market, Iksil is to the derivatives market,” Bonnie Baha, head of the global developed credit group at DoubleLine Capital LP in Los Angeles, where she helps oversee $32 billion, said in a telephone interview."

Catch that one? Yeah. HOLEE $H!T is right. It's finally happening! In fact, you can even say that THIS IS NOW OFFICIAL.

Vampire Squid is officially F--KED. But we're not quite there yet!

------------------ STARWARS MODE ON------------------------

As the Battle for ENDOR (Earthly Natives Dearly Opening for the Rest... of the Galaxy!) rages on, with the Rebellion (The Rest, lead by China!) hanging on for dear life in their fight against the Empire (Western Financial Empire, the G7 Countries), a small, guerilla force managed to penetrate the Shield Generators (Derivatives Bubble... hmmm, that actually works.) of the Death Star 2 (Fed Reserve, Vampire Squid Banks). Suddenly, the Shield Generators have been destroyed!

What happens next? Stay tuned!

This is real life entertainment at its finest...

All Da Best!
Da Asian Brutha

P.S. Any snack suggestions other than buttered popcorn?

[daven]

Well folks,

I pulled today's auction results from the US Treasury.

http://www.treasurydirect.gov/instit...20120510_1.pdf

And right off the bat, by dividing the Indirect bid values, cause that's what indicates to us if there are foreign bids, we get

1 - 5.394/8.897 * 100 = 39.37% not bought.

That's basically 40% that foreign buyers didn't buy of 30 year bonds.

Again, if someone wouldn't mind going over past auctions, and tabulating the numbers to let us know whether or not this is NORMAL or not, that would REALLY be appreciated.

Also, we do have to keep in mind that these ARE 30 year treasuries, and with super low interest rates, and when you factor in inflation, you get a negative return. In other words, you're actually PAYING the US Treasury to hold your money. Yes, you've got an investment where you lose money.

Funny, I though the cardinal rule of investing was...

DON'T LOSE MONEY!

Only the Main Stream press can peddle this as being a "safe investment"!

Now, there's another significance to this, and to the JP Morgan announcements. Guess who also holds Treasuries? Yep, that's right, Vampire Squid Banks. What do you think JP Morgan is going to have to do with it's multi billion dollar losses to pay those losses off?

Yep, you GOT IT! They gotta sell their stash of TREASURIES! CHAIN REACTION 101 Baby!

So, I'm going to parlay this in that most dorky of dorky analogies, STAR WARS!

----------------- STAR WARS MODE ON --------------------

With the Shield Generators destroyed (JP Morgan's recent announcement that they've made multibillion dollar losses, aka Enron 2.0), the Battle for ENDOR (Earthly Natives Dearly Opening for the Rest... of the Galaxy!) has hit a crucial turning point! But while the battle rages on between the Rebel Forces (Rebellion of the Rest, aka BRICS and Monaco Accord Nations, lead by China!) and the Empire (Western Financial Empire, the G7 nations!)...

Unbeknownst to the opposing sides, the battle between the Emperor (Western Financial Elite!) and the JEDI (Judicial Enterprise Defense Initiative) becomes a full on BRAWL of the Force (Commercial Liens!).

Will the Rebellion prevail?! Or will the Emperor still gain the upper hand? Will the Calamari (Chinese!) forces withering assault (massive gold purchases through Hong Kong, divestment of the dollar for trade with the Rest), and will the tiny Rebel fighters (Asian Treasury dumping) streaking to the heart of the Death Star 2 (Federal Reserve!), and the Bothans (Russians!) counter attack (self removal from the G8 conference), and the Gungans (Iranians!) counter strike (Gold for oil trades) hold off the Imperial forces (G7 nation's Central Banks) in time?

Does the Emperor still have an ace (NATO Conference in Chicago, with dirty bomb exercises before hand, and clearing out Universities to be ready to "receive" victims) up their deformed hands?

Could I get any more absurd with the Star Wars references?

Stay tuned.

All the Best!
The Asian Brutha...

P.S. I really hope this whole thing, turns into something like this...

http://www.youtube.com/watch?v=mAOX_...feature=relmfu

[GrumpyBear]

Fantastic news! And I love the Star Wars analogy I've tried to read articles about the financial mess we're in, and by the end I'm more lost than I was before I started reading. Glad someone can make sense of it.

Thank you Daven
p.s. Try tortilla chips with melted shredded cheese, salsa and/or sour cream on the side for dipping...tasty!

[Robert Fay]

.

Is this an example of fallout from the liens? Maybe. I don't know.

Wednesday, 09 May 2012 12:21
"Congress Debates the Federal Reserve: Reform or Abolish?"
http://thenewamerican.com/economy/ec...rm-or-abolish?

"In a rare moment of bipartisan unity, lawmakers and economists on both sides of the aisle largely agreed on two points: The Federal Reserve System as it stands is hurting America and something must be done to stop it. Just what exactly needs to happen, however, was the subject of considerable debate during a Subcommittee on Domestic Monetary Policy hearing Tuesday chaired by sound-money advocate and GOP presidential contender Rep. Ron Paul (R-Texas)."
.

[dreamy1]

DAB, I love your enthusiasm!

Ok, so someone has pricked the derivatives balloon, and the air is slowly fizzing out at this point (it's going to go mad later!)... fabulously great news! I really hope this is what we've been waiting for. I am rather annoyed that my financial knowledge is so limited that I cant make sense or tie up lose ends as I hear it on the news! Thank goodness we have our very own DAB to help us here.

Yet, something niggles me, and I cant explain it other than..could this orchestrated by the Cabal? Would there be anything for them to gain when the market crashes? They've orchestrated the 'problem - reaction - solution' situation for a long time so that they can implement the 'solutions' with our blessings!!!!

What say you?

DAB, I hand you a healthy basket of fruit instead of all that unhealthy buttered pop corn! lol

All the best
Dreamy

[dreamy1]

Oh, on a slightly separate note, I don't actually think the Liens is going to stop the markets, I think I've said so in previous posts. The market will most likely implode by itself (or with help!!). The Liens will just tie the various people and institutions up in knots for a few years keeping lawyers and the court system busy.

[daven]

.

Is this an example of fallout from the liens? Maybe. I don't know.

Wednesday, 09 May 2012 12:21
"Congress Debates the Federal Reserve: Reform or Abolish?"
http://thenewamerican.com/economy/ec...rm-or-abolish?

"In a rare moment of bipartisan unity, lawmakers and economists on both sides of the aisle largely agreed on two points: The Federal Reserve System as it stands is hurting America and something must be done to stop it. Just what exactly needs to happen, however, was the subject of considerable debate during a Subcommittee on Domestic Monetary Policy hearing Tuesday chaired by sound-money advocate and GOP presidential contender Rep. Ron Paul (R-Texas)."
.

I'm pretty sure that's not due to the fall out from the Liens. Most of that I'm pretty sure is due to politicians catching up with Ron Paul... however see my next post...

[daven]

DAB, I love your enthusiasm!

Yet, something niggles me, and I cant explain it other than..could this orchestrated by the Cabal? Would there be anything for them to gain when the market crashes? They've orchestrated the 'problem - reaction - solution' situation for a long time so that they can implement the 'solutions' with our blessings!!!!

This is an excellent question, which I would agree to, cause I'm usually thinking of, "Oh great, what are they up to now."

Remember this mind map I drew for you?

http://davesnewadventure.com/downloa...dreamy1_02.jpg

Take note of the Bloated Vampire Squid. Its says Too Much Credit Liquidity.

Now, I'd like for you to take a look at this article, which sums up my thoughts completely.

"Double or Nothing: How Wall Street is Destroying Itself"

http://www.zerohedge.com/news/double...troying-itself

The key points to remember here is that the way JP Morgan, Goldman Sachs, HSBC, Bank of America, and the rest of Vampire Squid have wagered in the entire, and I do mean ENTIRE 1000 trillion dollar derivativees bubble, is with the Martingale roulette betting system.

Here are the most relevant points.

"Martingale is the perfect example of the failure of theory, because in theory, Martingale is a system of guaranteed profit... Martingale works by betting, and then doubling your bet until you win. This — in theory, and given enough capital — delivers a profit of your initial stake every time. Historically, the problem has been that bettors run out of capital eventually, simply because they don’t have an infinite stock (of course, thanks to Ben Bernanke, that is no longer a problem). The key feature of this system— and the attribute which many institutions have copied — is that it delivers frequent small-to-moderate profits, and occasional huge losses (when the bettor runs out of money)."

And this quote is the MOST pertinent to the mind map I drew up.

"This brings up a key issue: there is a second problem with the Martingale strategy in the real world beyond the obvious problem of running out of capital. You can have all the capital in the world (and thanks to the Fed, the TBTF banks now have a printing-press backstop) but if you do not have a counter-party to take your bets (and as your bets and counter-bets get bigger and bigger it by definition becomes harder and harder to find suitable counter-parties) then you are Corzined, and you will be left sitting on top of a very large load of pain (sound familiar, Bruno Iksil?)"

You ever go to a casino, and watch who usually loses their shirt? It's always the guy who doesn't know when to quit. You know, that guy. The guy who loses a grand, then bets 1500, loses it, then bets 2000, loses that, and keeps going and going, till finally, he somehow manages to scrape a million, and the house says, we can't do this bet, cause we can't back it up in the counter wager.

JP Morgan is that guy.

Here's the thing. The counterparty can't take the combined total bet, no matter how much the Fed prints. That counter bet, is the TOTAL DERIVATIVES PIE. All 1000 trillion dollars of it. No one has that much money!

In fact, no one has the total that my top $hitlisted banks have, which is between 200 to 600 TRILLION. No one can take that counterbet! Guess who's left holding the bag? Yep. The Vampire Squid. Just like the Mind Map that I drew. I know, I'm grinning big time when I think about it myself. I'm betting you are too.

Remember this quote I wrote a couple weeks back?

The problem here is you've got the top 5-8 banks holding the bulk of the derivatives. On top of that, their proxies are the Federal Reserve and the ECB, who issue the currency. So, yes, they are in complete control of the system. And THAT is their HUGE PROBLEM...

In other words, they tried to make US the rats in the rat race, except now they're the ones running the hamster wheel.

Exactly.

I CALLED IT!

All Da Best!
Da Asian Brutha

P.S. GrumpyBear, Dreamy, I'll have tortillas with cheese and salsa, and the bag of fruit. So I can clog and declog my arteries all at once...

P.P.S. Robert Fay, sorry about that last post, I thought I had more evidence of the Liens working, but I was referring to a month old article. I don't think we'll really know until the Treasury releases the numbers of who bought in about a month or so. All we've got to go on is that of the foreign buyers, 28%, 30%, and 40% didn't buy Treasuries. I'm leaning towards the Liens hamstringing the Central Banks and the Fed from engaging in any commercial activity, which is how the Liens work. For now though, this is all I can hear when I've got my ear to the Emperor's Chamber door...

http://www.youtube.com/watch?v=v5lDKjA_7I0

[Robert Fay]

.

I hope you find this supports the conversation here.

"Keiser Report: Central Bank Monarchs (E287)"
http://youtu.be/ZESqQOctsXA

It seems that there is more and more information sources coming into the general 'awareness' process.

This particular clip might be a good resource to offer to those who might want to reject what you may be telling others ... like parents or friends. It follows DW's rule of only giving people 10% and then letting them ask questions. This rule, as he mentioned in his Coast-to-Coast interview, helps him from overwhelming folks and turning them off.

Bye-the-way, David's Coast-to-Coast interview can be heard via Youtube:
"David Wilcock - Coast To Coast AM with George Noory 05-09-12 - Divine Intervention"
http://www.youtube.com/watch?v=dS0UXSFRIok

A keen point i noticed in the Max Keiser interview is that the European press has done a much better job of covering the economic crisis over there. The bought-and-paid-for-media in America has avoided the whole dynamic as best as it could. Thus, as was stated in the interview, the American people are much less on top of the whole thing. Once might say that we still have our heads in the sand. ... or maybe we do know what is going on and are just waiting for the house of cards to fall.

I don't know. I do know that i don't like to make others wrong; as in calling the American voter 'stupid', or apathetic, or sheeple, etc. I don't think that helps. The energy of it is negative, and i would rather not participate in amplifying that.

Another source of information that may be of interest here is a recent book:
Economic Warfare: Secrets of Wealth Creation in the Age of Welfare Politics
{just Google it if you are interested.}
.

[Robert Fay]

This program from Mike Rivera "What Really Happened" happens to talk about a few things that speak to what David has been reporting is coming down the road:

What Really Happened with Mike Rivero 22nd May 2012 - Part 1
http://youtu.be/U6QPWiYcAxw

The best part is this guy is fun and has fun ... while beating up on the system.
You can't do better than have some humor in you day, right?