TULIP-O-MANIA (Economic Bubble) IS BACK


Reality Zone

by G Edward Griffin

TulipomaniaTulipomania is the name given to the earliest economic bubble in recorded history. An economic bubble is a market condition in which the price of an asset is far in excess of its intrinsic value but which is willingly paid by buyers in anticipation of finding other buyers who will pay an even higher price. The bubble bursts when buyers no longer are willing to pay more for the asset than its intrinsic worth. That causes those who own the asset to lose the amount by which they previously overpaid. This drop in value happens quickly in the form of panic selling.

That is what happened in Holland between the years of 1634 and 1637. It came to pass when a rare flower called a tulip was discovered in Constantinople. When the root bulbs were brought into Holland, they became a status symbol among the wealthy ‒ much as race horses or rare breeds of dogs are today in our own society.

The price climbed steadily until tulip bulbs became, not merely symbols of status, but speculative investments. At one point, prices doubled every few days, and speculators were seen everywhere amassing great fortunes with no output of labor or service.

Many otherwise prudent people found themselves infected by the hysteria, They borrowed against their homes and invested their life savings to get in on the windfall. Contracts for future delivery of tulip bulbs ‒ a form of today’s commodity market ‒ became a dominant feature of Holland’s stock market.

Tulip bulbs became more precious than gemstones.
As new varieties were developed, the market became more complex, requiring experts to certify their origin and their grade. Prices soared, and some bulbs sold for the equivalent cost of a new automobile in today’s world.

Then, completely without warning, it was over. Overnight, there were no buyers at any price. Speculators by the thousands saw their life savings ‒ and their dreams of easy wealth ‒ disappear together. Tulipomania had come to an end. … Or did it?

Take a good look at today’s stock market and check out real-estate prices, too. You will be amazed at the similarity to the tulip market of 1636.

The talking heads on TV are giddy lately over how wonderful it is that the stock market has “rebounded” and the real estate market is “booming” once again. The truth, however, is that these are classic manifestations of economic bubbles and, like all the previous ones in history, they are destined to burst.

My friends at the Success Council, Max Wright and Jarrod Dennis, have just completed an online briefing on the imminent bursting of, not one or two, but seven global economic bubbles. They are:

► Government debt
► Stock market
► Real Estate
► Sovereign-bonds

► Derivatives
► Student debt
► Unfunded government liabilities

When bubbles burst, a transfer of wealth always takes place – from the victims to the schemers and from the unprepared to the prepared.

If you are wondering what life could be like when these bubbles burst in Europe and the US, just look at what recently has happened in the stock markets of the world and on the streets of Venezuela. When bubbles burst, the economy crashes, and when that happens, life becomes grim, indeed.

Max and Jarrod have been telling people about this scenario for years. Now, in their new, two-hour briefing, they reveal everything they have learned. The standard cost for attendance is $197. However, because of my relationship with them, they have agreed to set aside a limited number of free tickets for our subscribers. It doesn’t get any better than that.

Not to want to know about this would be a big mistake.

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The Grand Canyon Gold and The Fed


Road To Roota

Bix Weir

Grand Canyon

Many people will find this interview is just too “out there” to be true but please listen with an open mind and follow the research where it leads you. This is amazing stuff when you think about it because it explains WHY and HOW we got here.

*Note: I just got off the phone with someone that knows first hand that there is a secret operation still going on in the Grand Canyon as he was “detained” in the 1960’s while on a fishing expedition and was taken to a military base within the cordoned off area. He claims to have SEEN mining operations going on as well as some of the Egyptian artifacts. This source is more than credible to me and his description and detail of the area fits exactly with my analysis of what happened with the Fed in 1913.

Enjoy hearing one of the greatest secrets of all time!

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Xi, Putin Stay at Chinese-Owned Waldorf Obama Snubbed


This is a very important story and shows how China and Russia are increasingly close and strong allies who are flexing their muscles and asserting themselves as rival superpowers to the U.S.

The Chinese are very aware of the importance of symbolism and this appears to be a subtle show of allied force and underlines the strength of their deepening alliance with Russia. – Gold Core


Bloomberg Business

The Waldorf

Chinese President Xi Jinping leaves the White House, where he discussed the theft of commercial secrets, and heads to New York to check in tonight at the Waldorf Astoria, where his privacy is sure to be guaranteed by the hotel’s new Chinese owners.

On Sunday, Xi will be joined by Russia’s Vladimir Putin, who also picked the Waldorf for his first stay in Manhattan in a decade, according to diplomats preparing for the Eurasian leaders’ address to the annual seven-day session of the United Nations General Assembly.

The occupancy of two such high-profile figures, whose countries routinely vote in tandem at the UN Security Council, comes as the U.S. instead switches loyalties after a decades-long tradition of staying at the storied hotel built on a former cemetery. President Barack Obama and his entourage will relocate to South Korean-owned Lotte New York Palace Hotel for UNGA week.

The Hilton Worldwide Holdings Inc. sold the midtown hotel in 2014 to Beijing-based Anbang Insurance Group Ltd. for $1.95 billion. For now, the 42nd floor of Waldorf Towers still serves as the official residence for the U.S. ambassador to the UN.

Secure Location

While the Hilton will manage the property for the next century under the terms of its sale, Anbang’s ownership and call for a major renovation raised concerns about whether the Waldorf would remain a secure location for sensitive and classified government conversations, according to two U.S. officials, who asked not to be named citing sensitivity of the matter.

Indian Prime Minister Narendra Modi and Pakistan’s Nawaz Sharif are staying at the Waldorf, which is just a few blocks east of the UN campus.

German Chancellor Angela Merkel and Brazilian President Dilma Rousseff, whose personal phone calls have been spied on by the U.S. National Security Agency, instead chose lodgings farther north from Turtle Bay in east Midtown.

Merkel will be getting her beauty sleep at the Mandarin Oriental in Columbus Circle, and Rousseff at the Plaza Athenee in Lenox Hill.

(Corrects to remove reference to South Korean president in sixth paragraph.)

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The Malay Supremacy Gambit – How Far Will It Go Under Najib Razak?


Forbes

by Greg Lopez

In Malaysia, the 3Rs – race (the Malay race), religion (Islam) and royalty (the Malay Sultans) – ideology (code word for Malay supremacy) and strategy has underpinned the ruling party’s grip on the Malaysian community. Since the twelfth general election in 2008, however, the efficacy of this ideology and strategy appear to be on a downward slide, especially among urban Malaysians. The critical question now is: What extent will the prime minister and the leaders of UMNO use the politics of Malay supremacy to remain in power?

One of the most outspoken is the Sungai Besar United Malays National Organisation (UMNO) division chief, Datuk Jamal Md Yunos, who is organizing a “red shirt” rally for Sept. 16 (which coincidentally is Malaysia Day) to teach the Democratic Action Party (DAP) Chinese not to be rude to Malays. He has also warned non-Muslims to avoid Kuala Lumpur. Already rumors are spreading and the recent Low Yat riot comes to mind.

But the story is rapidly evolving. After fierce criticism from a wide spectrum of society, including from former UMNO stalwarts and public disavowal from prominent Malay associations,  the ‘theme’ has now changed. It appears that it is no longer Himpunan Maruah Melayu (Rally for Malay Dignity), but rather a Himpunan Rakyat Bersatu (Rally for Citizens Unity). Questioned for its legality earlier, the rally is now legal according to Malaysia’s Inspector General of Police. It is now being organised by the Malay martial arts sports association, Pesaka (the National Silat Federation), whose chair is the former Malacca Chief Minister, and current UMNO senator, Tan Sri Mohd Ali Rustam.

Najib

Despite the cosmetics, the motive remains.

It’s a common practice for leaders in the Malay community, especially from UMNO, to rally their supporters by appealing to race, religion and royalty; the symbols of Malay supremacy in Malaysia. Legitimate challenges within Malaysia’s narrowly defined democratic space are interpreted as “humiliating Malays” by those at risk of losing power. This is entirely predictable and was seen most clearly at Malaysia’s thirteenth general elections. It is important to note that its antecedents are likely in the creation of the Malayan state.

The force of this ideology was seen most vividly at Malaysia’s third general election in 1969, when UMNO performed poorly and ethnic riots between Malays and Chinese took place on May 13. Accounts vary as to what actually happened, but the underlying message was that while Malaysia is a “democracy,” power must always remain with the Malays, and preferably under UMNO. Otherwise, the loss of Malay supremacy would see them become marginalized within their own nation (as argued by their proponents).

Since then, the specter of May 13 is often raised for a host of different reasons, from justifying affirmative action for the Malays to banishing ideas for further democratization. Ironically, it is the DAP – the most successful opposition party and predominantly Chinese – that is always the reason given as to why another May 13 could happen.

The specter of May 13 is also commonly used by beleaguered UMNO leaders to rally their supporter. When UMNO was split in 1987, a certain UMNO Youth leader was alleged to have unsheathed a keris (Malay dagger) and reportedly vowed that the keris would be bathed in Chinese blood. UMNO general assemblies (including its Youth and Women’s assemblies) are routinely filled with symbolism such as this, accompanied with cries of protecting and “ennobling” (memartabatkan) the Malay race, the Malay language, the Malay culture, the Islamic religion and the Malay Sultans.

Umno general assembly

People attend the general assembly of the ruling United Malays National Organisation (UMNO) at the Putra World Trade Center (PWTC) in Kuala Lumpur on Dec. 5, 2013. The ruling party UMNO’s six day general assembly began with the official opening by the party President Najib Razak. (MOHD RASFAN/AFP/Getty Images)

The current Deputy Home Minister, Nur Jazlan, wrote the following in 2011:

The party has failed to offer new ideas to attract the young Malays to support its ideology, which in recent years has drifted more to the right. The prime minister, Dato Seri Mohd Najib Tun Razak, through the concept of One Malaysia has tried to bring UMNO back to the center space of national politics, where race and religious tolerance is at equilibrium.

But his message doesn’t seem to resonate with the majority of the delegates and even among his bench of Supreme Council members, who may have come to a conclusion that another event of racial and religious strife in the country is the best way to retain Malay power.

The Deputy Home Minister concedes that the thinking at the highest levels in UMNO is that racial and religious strife can bring benefits to the party.

In cables leaked exclusively to The Sunday Age by WikiLeaks, several of Singapore’s highest ranked foreign affairs officials – Peter Ho, Bilahari Kausikan and Tommy Koh  – raised serious concerns over key politicians in Malaysia, including the then-Deputy Prime Minister Najib Razak.

The Sydney Morning Herald reported the following:

According to one cable detailing a meeting in Sept. 2008, Kausikan told U.S. Deputy Secretary of Defense for East Asia David Sedney that ”the situation in neighboring Malaysia is confused and dangerous,” fueled by a ”distinct possibility of racial conflict” that could see ethnic Chinese ”flee” Malaysia and ”overwhelm” Singapore.

”A lack of competent leadership is a real problem for Malaysia,” Kausikan said, citing the need for Najib Razak – now Malaysia’s prime minister – to ”prevail politically in order to avoid prosecution” in connection with a 2006 murder investigation linked to one of Razak’s aides.

”Najib Razak has his neck on the line in connection with a high-profile murder case,” Kausikan said.

Ho’s March 2008 assessment of Malaysia, given to another U.S. official, is also unflattering, and includes claims that former Prime Minister Mahathir Mohamad has been ”throwing stones” at his replacement, Abdullah Badawi.

”The political knives will be out for Abdullah’s son-in-law, United Malays National Organization politician Khairy Jamaluddin, whom nobody likes because he got where he is through family ties,” the cable records Ho saying. ”As for … Najib Razak, he is an opportunist. Although he has not been critical of Singapore, he will not hesitate to go in that direction if it is expedient for him to do so. Najib’s political fortunes continue to be haunted by the … murder scandal.”

Prime Minister Najib Razak is under intense pressure to resign. To compound his already numerous problems, a recent documentary by Al Jazeera once again raises serious questions of his alleged involvement in the murder of a foreign national.

If Najib’s supporters are of the opinion that sparking social unrest would be to his advantage, they may want to look back in history on how his father came to power.

If supporters of UMNO begin to think that such disturbances are likely to help it retain power in Malaysia, it would indeed be a frightening prospect, especially as divisions within the party have become all too apparent. Former prime minister Mahathir Mohamad appeared at a recent anti-government rally, urging UMNO’s members of parliament to replace Najib and has condemned the ‘red shirt‘ rally.

Those assessments made by Singapore’s foreign affairs chiefs on Malaysia are increasingly looking spot on.

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Why Is Earth’s Schumann Resonance Accelerating?


Trinfinity8

7.83hz

The Ancient Indian Rishis called 7.83 Hz the frequency of OM. It also happens to be Mother Earth’s natural heartbeat rhythm, known as the “Schumann Resonance.” According to Wikipedia, “Schumann resonances are global electromagnetic resonances, excited by lightning discharges in the cavity formed by the Earth’s surface and the ionosphere.”

Schumann Resonance

For many years this resonance frequency has hovered at a steady 7.83 Hz with only slight variations. In June 2014 that changed. Monitors at the Russian Space Observing System showed a sudden spike in activity to around 8.5 Hz. Since then, they have recorded days where the Schumann accelerated as fast as 16.5 Hz. (The graph is usually blue with some green, and no white.) At first they thought their equipment was malfunctioning, but later learned the data was accurate. What was happening?

The Earth frequency was clearing speeding up. Since the Schumann frequency is said to be “in tune” with the human brain’s alpha and theta states, this acceleration may be why it often feels like time has sped up and events and changes in our life are happening more rapidly.

These emerging resonances are naturally correlated to human brainwave activity. So this means, we are changing. Many years ago I was trained in EEG Neurofeedback, so I looked at what these accelerated frequencies might be telling us about human evolutionary change. A 7.83 Hz frequency is an alpha/theta state. Relaxed, yet dreamy—sort of a neutral idling state waiting for something to happen. A 8.5 – 16.5 Hz frequency moves one out of the theta range into more of a full calmer alpha state with faster more alert beta frequencies starting to appear. (This correlates with slowly waking up cognitively). Since the Schumann Resonance has had some sudden spikes between 12 – 16.5 Hz (see pic’s white areas),  I found this even more interesting. In Neurofeedback, 12-15 Hz is called Sensory-Motor Rhythm frequency (SMR). It is an ideal state of “awakened calm.” Our thought processes are clearer and more focused, yet we are still “in the flow” or “in the know.” In other words, Mother Earth is shifting her vibrational frequency and so are we. We are AWAKENING.

Schumann Resonance 2

Earth’s magnetic field, which can affect the Schumann Resonance, has been weakening for the past 2,000 years and more so in the last few years. No one really knows why. I was once told by an wise old sage from India that the magnetic field of Earth was put in place by the Ancient Ones to block our primordial memories of our true heritage. This was so that souls could learn from the experience of free-will unhampered by memories of the past. The magnetic field changes are now loosening those memory blocks and we are raising our consciousness to greater truth. The veil is lifting. The blinders are coming off.

With this acceleration, you may feel more tired, exhausted, dizzy, depressed, and even strange as you raise your frequencies to be “in tune” with the New Earth. Adaptation is not always an easy process, but keep in mind it’s all part of your own unique AWAKENING.

Dr. Kathy Forti is a clinical psychologist, inventor of the Trinfinity8 technology, and author of the book, Fractals of God.   amazon.com/author/k

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Malaysia’s Broken System


Asia Sentinel

By John Berthelsen

Broken system

Current scandal is not the disease, it’s the symptom

It is ironic that a chorus of leaders from the United Malays National Organization have accused critics of scandal-scarred Prime Minister Najib Razak of “seeking to destroy parliamentary democracy in Malaysia.”

There is no parliamentary democracy in Malaysia.  Malaysia’s government is broken. Every institution that exists in a normal democracy to protect the people does not work. That includes the parliament, the courts, the police, the mainstream press and the religious establishment, which all act to perpetuate the ruling coalition – primarily UMNO – in power.

“Constitutional democracy has taken a new meaning in Malaysia and that is the status quo of the incumbent power,” one of the country’s most prominent constitutional lawyers said privately. “There are threats even against me for having acted in my professional capacity as a constitutional lawyer for those who desire to seek change.”


“Our parliament is a rubber stamp; our judiciary is compromised; our civil service is mediocre and incompetent”


The situation is not new. Najib, who is accused of stealing hundreds of millions of dollars of taxpayer money by critics – but not by law enforcement agencies – is not the cause of the breakdown. He is only a symptom of it. While UMNO has dominated politics since independence in 1957 under the Barisan Nasional, the current system was largely built by Mahathir Mohamad during the 23 years he was in power.

It’s been a long time coming

The breakdown began decades ago, even before the subversion of the courts by Mahathir in the 1980s, although that was a major contributing factor. The Barisan Nasional inherited a series of repressive laws from the colonial British, including the Internal Security Act, which allows for indeterminate detention without trial. Although the ISA was supposedly suspended as a reform by Najib in 2012, it was replaced by an almost equally pernicious statute, Section 124 of the Penal Code, which allows for the arrest of individuals “for activities detrimental to parliamentary democracy.”

Another is the Printing Presses and Publications Act of 1984, which replaced similar colonial laws and requires all printing presses to secure an annual license from the Home Affairs Ministry.

The British also bequeathed the Sedition Act of 1948, which banned speech that would “bring into hatred or contempt or to excite disaffection against” the government or engender “feelings of ill-will and hostility between different races.”

The sedition act has been used repeatedly as the current scandal has grown in proportion, with its most notable potential victim Clare Rewcastle Brown, the UK-based journalist and blogger whose Sarawak Report has played an instrumental role in exposing corruption connected to 1Malaysia Development Bhd, the state-backed investment fund that has amassed RM42 billion in debt. Scores of others including opposition politicians, activists, academics, journalists and cartoonists are being investigated or have been charged.

“Our parliament is a rubber stamp; our judiciary is compromised; our civil service is mediocre and incompetent led, by a bunch of apple polishers; our police force, which is headed by an Inspector General of Police, treats us like enemies of the state, not as taxpayers and citizens who should be protected from criminals,” said Din Merican, a Malay university professor now teaching in ,Cambodia. “Our fiscal management is in a total mess because we have a Finance Minister who regards our national coffers as if they were his own and mismanages our economy. We have rampant corruption and abuses of power.”

Rigging the game

Things really began to go downhill in 1986 when the country’s highest court ruled that the government’s cancellation of the work permits of two Asian Wall Street Journal correspondents was unlawful. That was followed by the High Court’s decision to issue a habeas corpus writ for the release of opposition leader Karpal Singh from detention.

Then Justice Harun Hashim declared UMNO illegal and dissolved the party. An outraged Prime Minister Mahathir fired the chief justice and subsequently moved parliament to amend the constitution to say that the courts would only have judicial powers “as may be conferred by or under Federal law,” making Malaysia the only Commonwealth country whose courts do not have judicial powers unless the legislative branch says so.

As a result, the courts are clearly in thrall to the governing party, as witnessed by the two farcical trials that put opposition leader Anwar Ibrahim in prison against all evidence, and a long string of decisions that have cleared government leaders despite strong evidence of their guilt.

Democracy itself is broken, with gerrymandering keeping the opposition in its place. Witness the 2013 parliamentary election, which the Barisan actually lost, 51.39 percent to 47.79 percent, although it retained 133 seats to the opposition’s 89. It was an election won on vast infusions of apparently illegal money, if the latest revelations are true that Najib’s US$681 million “donation” diverted into his account was to help him fight the election. Top leaders of the ruling party are ignoring the deepening scandal because the prime minister has paid them continuing rounds of ill-disguised bribes to keep their loyalty. In addition, the election commission comes under the purview of the prime minister’s office, rendering it toothless.

Broken presses

In addition to being muzzled by the printing act, the idea of a free press, which would keep a watchdog eye on the government, has been subverted by the fact that virtually all of the major media, both in English and Malay and including newspapers, television and radio, are owned by constituent parties of the Barisan. Najib used his powers recently to shut down the two most critical newspapers, both owned by The Edge Group, for three months after they reported on the 1MDB mess. Neutral or hostile online media, which is freer but subject to partisan pressure, are constantly threatened with lawsuits that can’t be won in the kept courts, or by sedition or other charges.

Bad religion

The ruling party also has become adept at using Islam as a cudgel to beat other races, particularly the Chinese, and to scare the kampungs, or rural villages, back in line while splintering the opposition.

Opposition leaders and others have accused Najib, with some justification, of being behind a “unity government” strategy to support the fundamentalist Parti Islam se-Malaysia in its effort to implement hudud, or harsh Islamic law, in the state of Kelantan, which it controls. The idea is to destroy a shaky opposition coalition cobbled together seven years ago out of disparate elements. That effort appears to have succeeded, with PAS splitting the opposition coalition earlier this year.

It is the use of religion for cynical political ends that may be the most dangerous part of the UMNO strategy. The so-called Group of 25, comprised of senior civil servants, former diplomats and others, issued an open letter in December calling for moderation; they have renewed their call, saying the imposition of hudud would tell the world that the country has abandoned its once-moderate path.

“We have become a racist and theocratic state led by men and women who no longer uphold the traditions of public duty,” said Din Merican. It is hard not to agree.

Thousands of Saudi Forces Flee Bases. Refuse to Participate in Ground Assault on Yemen, Report


Global Research