Monday, January 5, 2015

Firehouse Dog DVd

Firehouse Dog –DVD My grand son and I have been attempting to watch a DVD for well over a year- I purchased it for him a year ago and we are up to the Really Exciting Part! And so we have turned if off because- well when I was a child I memorized and could tell you every single movie I had ever seen to at least age 18- Because impressions run deep… Why? Well the beginning was crap but plot wise this part of the DVD near the end is coming together well. And my daughter tells me that the lead actor is Josh Hutchinson so it may well have been made over a decade ago… but in terms of the Empire State Story we are developing here an important document. First there was Moses-( And earlier last month post)- and he deliberately pushed through a Community Destroying Road through the Bronx of New York. This then resulted in buildings being abandoned ahead of the road- and entire community devastated worse than a world war- and then the fires began…. At a time when- Before the Financial Crisis we are currently considering- At a time when even though the fires were deliberately set- the Bronx rebuild could be paid for by the American public who send their monies (God Bless them- and I want to make it clear no one has ever sent me money- but hey I’m not a Senior Pastor a Television Evangelist nor an Insurance Company.) So yes distracted there- The good gullible American public believed that Risk- can Communist Style be shared- and then when the fire happens there will as there was with the Bronx burn out and then Bronx rebuild- A Pay out. … Well sorry to tell. The Financial Collapse we are reading about and the following it 2011 Christchurch New Zealand earthquake with AIG playing major roles in both events- The message is loud and clear- The Insurance Industry taking your monies to cover Risk- Can No Longer Pay! 2015 Spells the end of the Insurance Industry! From this time onwards we need to carry our own Risk. So sure Firehouse Dog. In New York skilled people deliberately set fires to get the insurance payout- that is what the movie is all about- True Story- NY/Bronx Empire State History OK. But what we are leaning here from the 2008 collapse is how utterly unreal- And the 2001 collapse of Enron was again another story of selling and attempting to cover –Risk. We are on our own. When I purchased my home for the price of the land it sat on- I only looked at only two things. One the state of the roof- had it leaked was then the structure rotting? And the state of the piles and soon I put in railroad ties zigzagging them under the house to keep in place those piles in a - size 7 energy earthquake. Everything else could be fixed but those things.. well when the disaster strikes- No Insurance.- paul

Sunday, January 4, 2015

Inter Connected Ness

Inter- connected -ness/Gleichschaltung The absolute funniest thing in this book comes at the end when all the Principals of the Wall Street Major Trading Banks have been called into Washington and talk of a bailout has perplexed everyone- I wrote a post at the time ‘Seven hundred million reasons- No’ and the proposal has been put to the Bankers by Secretary Paulson a recently himself lead of one of the Banks there and everyone agrees except… Well I’ll let our author tell it: ‘Geithner now read off the amounts that each bank would receive, in alphabetical order. Bank of America-25 billion. Citygroup-25 billion. Goldman Sachs- 10 billion. JP Morgan -25 billion. Morgan Stanley- 10 Billion. State Street-10 Billion. Wells Fargo- 25 Billion. Where do I sign? Dimon said to some laughter, trying to relieve the tension which had not dissipated now that the bankers had learned why they had been summoned…. David Kovacevich (Wells Fargo) was obviously not pleased to have been given this ultimatum. He had to get on a flight – a commercial flight- to Washington, a place he always found contemptible, only to be told he would have to take money he thought he didn’t need from the government in some godforsaken effort to save all the other cowboys? ‘I’m not one of your New York guys with your fancy products. Why am I in this room, talking about bailing you out? He asked derisively. For a moment not one said a word and then the room broke into pandemonium, with everyone talking over one another until Paulson finally broke in .. p525 You see I grew up with Barry Smith a New Zealand evangelist as a mid to late 70s informant on Illuminati and all those things about the inter connection of Federal Reserve – World Bank- Council of Foreign Relations- New York and Washington so it is not as if I had not had by now a full 40 years to consider these matters.. my very first book being a book called ‘None Dare Call it Conspiracy’ Where I began by considering the amazing amount of western technology that was being railroaded up through taken recently by the Allies- Iran- to the rear parts of USSR- billions of dollars of stuff thousands of air planes and other things to keep USSR fighting Germany going backwards through Western Russia before; Phoning ahead to talk to the opposing German commander about the up coming conflict the Americans had an easy run to the line of division East and West Germany and stopped while the Russians came in to do what they were doing. And for forty years I have been piecing things together and this 2008 Collapse of the Banking system event is just another chapter in a long running story. We can Read History a number of ways and critical to our interpretation is what we use as a Lens of Focus. In this blog I attempting succeeding on some of the time, to read the story from a New York Empire State –lens perspective. But as a Bible Translator and a New Zealander (verse 8) I read history- four and more thousand years of the stuff- Central Asia a specialty- using Psalm 2. And currently God is laughing! ‘If one fell, it could become a series of falling dominoes. There were of course, Cassandras in business and academia who warned that all this financial engineering would end badly. While Professor Nouriel Roubinin and Robert Schiller had become this generation’s much heralded doomsayers, even as early as 1994 thoughtful comments were being made which were not heeded. ‘The sudden failure or abrupt with drawl from trading of any of these large US dealers could cause liquidity problems in the markets and could also pose a risk to others including federally insured banks and the financial system as a whole’ the Comptroller General told a congressional committee after being tasked with studying a developing marked to derivatives. ‘In some cases intervention has and could result in a financial bailout paid for or guaranteed by taxpayers’ p 5 Too big to Fail A R Sorkin Penguin Books New York 2009

Sub Prime Market

Sub Prime Market Financial titans believed that they were creating more than mere profits. They were confident that they had invented a new financial model that could be exported successfully around the globe. ‘the whole world is moving to the American model of Free enterprise and Capital markets’ Sandy Wells of Citygroup said in mid 2007. But while they were busy evangelizing their financial values and producing dizzy sums the big brokerage firms were bolstering their bets with enormous quantities of debt. Wall Street firms had debt to capital ratios of 32 to one. (One dollar in the bank and issuing backed by that single dollar- thirty two brand new dollars of debt to be repaid and to produce interest for the thirty two dollars) When it worked, the strategy worked spectacularly well, validating the industries complex models and generating record earnings. When it failed however the result was catastrophic. The Wall Street juggernaut that emerged from the collapse of the dot com bubble (90s) and the post 9-11 downtunr was in large part the product of the cheap money. The saving glut in Asia, combined with an unusually low US interest rate under Fed Reserve Alan Greenspan (which was intended to stimulate growth following the 2001 recession) began to flood the world with money. (And I got a morning tea! Our Courier Drivers were visited by these people with the cheap money encouraging us to take out a loan with them- And hence the morning tea! The year was 2007 and I told a salesman it couldn’t and wouldn’t last but the cakes were nice- thankyou!) The crowning example of the liquidity run amok was the sub prime mortgage market. At the height of the housing bubble, the banks were eager to make home loans to nearly anyone capable of sign in the dotted line. With no documentation a prospective buyer could claim a six figure salary and walk out of a bank with a $500.000 mortgage topping off a month later with a home equity line of credit. Naturally house prices skyrocketed and in the hottest real estate markets ordinary people turned into speculators, flipping homes and tapping home equity lines to buy SUVs and power boats. At the time Wall Street (But never this writer- I didn’t I thought them idiots) believed fervently that its new financial products- mortgages that had been sliced diced and securitized had diluted, if not removed the risk. Instead of holding the loan on their own the bank split it up into individual pieces to investors collecting enormous fees in the process… the bankers gorged on it buying mountains of mortgage backed assets from one another . but it was this new interconnected ness among the nations financial institutions that posed the biggest risk of all. As a result of the banks owning various slices of the new fangled financial instruments, every firm was now dependent on the others- and many didn’t even know it. If one fell, it could become a series of dominoes. P4- 5 Too big to Fail.

The Wizards of Wall Street

The Wizards of Wall Street ‘As the unraveling began many on Wall Street confronted a market unlike any they had ever encountered- one gripped by fear and a disorder that no invisible hand could tame. They were forced to make the most critical decisions of their careers, perhaps of their lives in the context of a confusing rush of rumors and policy shifts all based on numbers that were little better than best guesses. Some made wise choices, some got lucky and still other lived to regret their decisions. In many cases, it still to early (2009) to tell whether they made the right choice. In 2007 at the peak of the bubble the financial services sector had become a wealth creation machine (In Economics we speak of ‘invisibles’ and most of what was happening here was in that text book term part of those invisibles) ballooning to more than 40 per cent of total corporate profits created in the United States. Financial products- including an array of securities (this word has maybe lost its meaning- once upon a time it meant keeping money safe!) so complex that even many CEOs (Who didn’t want to know either) and boards of directors didn’t understand them- were an ever greater driving force of the nations economy (40% of corporation profit –what does this tell you about the role of Empire State- New York ?) The mortgage industry was especially important component of this system, providing loans that served as the raw material of Wall Street’s elaborate creations, repackaging and then reselling them around the globe. With all the profits that were being generated Wall Street was minting a new generation of wealth not seen since the debt fueled 80s. Those who worked in the finance industry earned an astonishing 453 billion in total compensation in 2007 (Take home pay) Goldman Sachs ranked the top of the five leading brokerages at the outset of the crisis accounted for $20 billion of the total, which worked out to more than $661,000 per employee (And what do I receive? Ed play the violins here) The company CEO Lloyd Blankfein alone took home $68 million. P3-4 Too Big to Fail A R Sorkin Penguin New York 2009 Living through a previous property bubble in the early to mid 90s when China decided to test weapons and assemble and army next to Taiwan- a billion dollars of Taiwan money came into our nation but that just encouraged local speculators to join in so that in my poor part of town most of the available houses sold and were consequently repainted for those sales while the price of a house doubled in a short time… while my own response to the make houses unaffordable was to work with Habitat for humanity with us building 50 new homes in about 12 years from our first one. But this appears to be bigger Made in Empire State story here.

Saturday, January 3, 2015

Evil good Good evil!

Evil Good Good Evil There is a curse on those who reverse things so that effectively saints get killed persecuted for doing and saying what which is for good while the Full Protection of the Law is on the side of those doing evil. And this comes in a chapter of the bible- The problem with our current Bibles is that the translation of them is So Bad that all people know is verses and phrases… because the message does not easily or normally hang together and flow out of the text as it does in the Hebrew. This verse is from Isaiah 5 – Part of a song as important as the Song of Moses Duet 32- But as I say in the current format it is all over the place with no one having an overall understanding of it –And sorry my Pathetic Attempt Translation maybe improves a few small things but we are not there yet! But two parts as I have said to you I can give examples of how they work- Verses 8 to 12 is a good description of the as we are studying here 2008 Housing Bubble and consequent Collapse with lots of good detail about Life in Manhattan. Wine women and song… Party party party! Then I have shown how The Australian Light Horse come in for a mention from Isaiah in verses twenty six to twenty eight… And I have spoken about linkage so that what happens in Empire State New York impacts on what is happening in Israel and what happens here at the ends of the earth likewise impacts…. So I am trying to in my spirit –My mind hasn’t got a clue- To bring the song together. Therefore verses 20 to 25 are a prophecy beginning with this process we see with Homeland Security not allowing into USA- stopping at the border my brother prophet Andrew Strom. Yet utterly evil people get free full entry and protection from the same Homeland because Homeland is playing an evil utterly horrible game…. And if we read this song applying bits of it to life we see around us then it soon becomes apparent the US taxpayer is being sold down the river by the people put up to protect them… Evil is Good and Good is Evil- Good night! Or as our old friends a IBM are want to tell us THINK!

Linkage Empire State- New Zealand?

Linkage: Empire State –New Zealand? Sorry I have just read the 1966 Encyclopedia of New Zealand because I remember somewhere reading of the difficulties that the New Zealand insurance Company –NZI encountered with the San Francisco earthquake- Ward was the popular Prime minister at the time and New Zealand was a vibrant and healthy farm based economy exporting to Great Britain but the reality being that culturally Auckland from where the fast ships left from was attached to San Francisco and then by rail to New York and finally the destination London- So young at that time, but going on to live to 100- A H Reed tells of frantically typing business letters to be rushed down Queen Street Auckland and then into the mail bag at the foot of the gang way and thence off to London or New York on our link to Empire-The Frisco Mail. So yes the linkage is real. And earthquake and fire destroying a city in USA did in fact begin to affect us here at the End of Empire and finally- (Ah!!!! Why do they take so long in coming- Lord of the Harvest here we are crying out Luke 10:2 for laborers to bring in the End Time Harvest for the end of the age from the Ends of the Earth just as Jesus said-Matt 28:19 and I haven’t yet seen a single Jew from our New York Beth Israel to get thing going here in Invercargill!) Finally in 1927 an Azusa St Apostle brought the revival to the historic Queen St Auckland Town Hall- why am I weeping writing this? Linkage OK! Earthquake-Fire-Insurance Company collapse- Revival in New Zealand… Far fetched well 2015 let us see! In Christchurch New Zealand the dear folks who live there have a pet hate- Insurance Companies! And so cash rich after the 2008 US Government Bailout- they should have collapsed and disappeared –Last post- AIG American International Group- AIG purchased, for a nominal amount the New Zealand Insurance Company- NZI and these insurance companies and the New Zealand government earthquake insurance vehicle intensely annoy the citizens of earthquake damaged Christchurch by doing everything except pay out, fix of insured damaged buildings and land… Who do we love to hate? AIG! Who have the insulting gall to have their intensely hated letters on the shirts of our top team- The All Blacks! Is Empire State- New York Banking system seen at the ends of the earth? Well the question I put up last post- Far fetched is if New Zealand can when we collapse as predicted middle of 82 by Rev David Pawson- if we can shake New York causing that mighty city to tremble at our name- our god literally being the God of Nations, so it natural for us to be moving to take over and run for the world- The United Nations- NY.OK!

Sept 13 2008

Sept 13th 2008 “Standing at the kitchen of his Park Ave mid town New York Apartment, Jamie Dimon poured himself a cup of coffee, hoping it might ease his headache… It was just past 7:00 Am on the morning of Saturday September 13, 2008 . Dimon was the chairman of JP Morgan Chase, the nations third largest bank, had spent the prior evening at an emergency all-hands-on-the-deck meeting at the Federal Reserve Bank of New York with a dozen of his rival Wall Street CEOs. Their assignment was to come up with a rescue plan to save Lehman Brothers, the nations fourth largest investment bank- or risk collateral damage that might ensure in the markets…. As promised Saturday’s papers prominently featured the dramatic news to which he had alluded. Leaning against the kitchen counter, Dimon opened the Wall Street Journal and read the headline of it’s lead story: ‘Lehman Races Clock: Crises Spreads.” Dimon knew that Lehman might not make it through the weekend. JP Morgan had examined its books earlier in the week as a potential lender and had been unimpressed. In the next twenty four hours. Dimon knew. Lehman would either be rescued or ruined. Knowing what he did however Dimon was concerned about more than just Lehman Brothers. He was aware that Merrill Lynch, another icon of Wall Street, was in trouble too and he was also acutely aware of new dangers developing at the global insurance giant American International Group AIG that had so far gone relatively unnoticed by the public. By his estimation AIG had only about a week to find a solution, or it too could falter. Of the handful of principals involved with the dialogue about the enveloping crisis- the government included- Dimon was in an especially unusual position. He had the closest thing to perfect, real time information. That ‘deal flow’ enabled him to identify the fraying threads in the fabric of the financial system, even if the safety nets that others assumed would save the day. Dimon began contemplating a worst case scenario and at 7:30 AM he went to the library and dialed a conference call with two dozen members of his management team. “You are about to experience the most unbelievable week in America ever, and we have to be prepared for the absolute worst case, we have to protect the firm, This is about our survival” Dimon told them…. –many of those listening to the call assumed that the government would intervene and prevent failure. Dimon hastened to disabuse them of the notion. “That’s wishful thinking there is no way in my opinion that Washington is going to bail out an investment bank. Nor should they; I want you to know that this is a matter of life and death- I’m serious …. Here’s the drill we need to prepare right now for Lehman Brothers filing (for bankruptcy) And for Merrill Lynch failing; And for AIG filing: and for Morgan Stanley Filing: And for Morgan Stanley filing- And potentially for Goldman Sachs filing” there was a collective gasp on the phone. Page 1-3 Too Big to Fail Andrew Ross Sorkin –Viking Penguin Group New York 2009 We assume that the Capitalist System of Free Enterprise is like American Democracy and The Constitution -Made in heaven- At least Blessed by God- And join with me here saying sincerely: God Bless America. This afternoon I was preaching as I was putting up Xmas lights for my grandson- Sure late but we have to wait till the Boxing Day sales to get the lights! And beside he has no sense of any particular day being special- Well annoyed at what some US General had said about ‘Marxist Insurgency’ I was apologizing for Marx getting his name on a system of government invented by Joseph in Egypt! Thus more brilliant than Judah would ever be- his brother Joseph invented the ‘good’ ‘biblical’ system of government which later got the name of a highly intelligent Jew- Son of Torah Rabbi –young Karl Marx- And here in New Zealand with our Treaty in 1840 as well in the founding of Hong Kong at the same time there is a clear influence in English Colonial Government thinking coming direct from Marx on the idea of Government ownership of all the land and then the leasing of that land… A system is just that! A system. And bad systems which do not conform to the Torah- well they fall over. This is the story of that.