July 5,2011 DERIVATIVES

Derivatives. This floating arsenal at work is calculated at over a Quadrillion. I have to chuckle to myself when I look to such PONZI schemes in relevance to dwarfing others.

I presented a great read just a little over 2 years back titled, 'The Deadly Derivatives by Aubie Baltin CFA, CTA, CFP, PhD. http://www.silverbearcafe.com/private/05.09/deadly.html'

It amazes me that in this calculated article noted was a 1.14 Quadrillion dollar derivative market. A couple of excerpts from the article,

1) Fannie Mae had a yearly loss of $59 billion dollars and Freddie Mac lost $50 billion for 2008 alone and there is no end in sight to their losses. And that's after buying $5 trillion of their Bonds. If the FED is determined to continue to buy up all the defaulted Derivatives, then the easy conclusion is that the FED will "debauch" the currency. I've also come to the conclusion that hyper-inflation is the inevitable outcome, as there is not enough money in the world to take care of the Derivatives.

2) Most have escaped the real blood bath thus far, but they are living on borrowed time. Sooner rather than later, the FED will be forced to raise interest rates in a futile effort to defend the US Dollar. So sell while the selling is good. This Recession/Depression, whatever you want to call it, is not going to be a short term affair, more likely it will last years and Government deficits will grow larger than even the most pessimistic are projecting. But fear not, stay tuned in and just keep looking for that rainbow in the sky so as to remind yourselves that the world is NOT coming to an end.

Most money managers, stock brokers and analysts that I talk to ARE ACTING LIKE OSTRICHES and keeping THEIR HEADS IN THE SAND. Without any justification they feel that, by the end of 2009, we will be in a recovery stage. Unfortunately, most do not have a clue as to what is going on. Any up-tick in reported earnings or in home sales are met with great glee as a sign that the bottom is at hand. HOPE is a negative word and actually means nothing. People will buy into almost any rhetoric if it is repeated often enough, especially by the media and their latest Hero. The lack of pent up demand for anything is staggering as this nation is bloated with DEBT and saturated with things that they did not really need in the first place. Inventories of unsold houses are at all time record highs and that is not counting all the homes taken off the market by people who refuse to accept the fact that their homes are no longer worth what they thought they were.

Life cannot now be fixed by the smoke and mirrors of eliminating the mark to market requirement and additional low or even zero Interest rate loans. Bernanke's announcement that the FED is buying $1.3 trillion of agency debt and treasuries emphasizes that this country is crippled, especially with the government attacking all of the mechanisms of productive capital formation. This nation has drained its people's integrity by spending their life savings, including their home equity.

The main point is that the Government and Bernanke will make all the exact same mistakes of the 1930's and will tax the people into poverty (not just the rich). They won't call it an income tax, but nevertheless they will tax the middle class as well as the poor because that is where the real money is. They will call it a Green Energy Tax, a Sin Tax, or a Save the Planet Tax. But whatever they call it, they are all taxes on the poor and middle class. Remember, if taxes on companies cannot be passed on, then the companies go out of business and all their workers join the ranks of the unemployed. Don't listen to the rhetoric: A tax on companies is a tax on people. THE CONSUMER ALWAYS ends up PAYING.

3) If you want to think that we are on the way up now and this disaster is over, THEN THINK AGAIN. For me, a hyper-inflationary outcome is inevitable. That is because the public, the ones who are on the feeding tube of entitlements (growing by 10 million a year as the baby boomers retire), will demand to be kept there and will expect that their collapsing incomes be made whole (most have lost 30% to 70% of their 401K funds). Whenever I mention the word entitlements, you must realize that no one wants to ever give them up. When I mention trillions, most do not have a concept of the money involved. Budget deficits will grow more in the next 4 years than in all of American history combined.

So what we see as has come to be. A stand out point to be made since introducing this article on MSN MT is just above being,'Budget deficits will grow more in the next 4 years than in all of American history combined.' Why imagine that. If you read this article when it was introduced I bet many of you thought,'that just can't be!' or 'that won't happen' which brings us back to,'This Recession/Depression, whatever you want to call it, is not going to be a short term affair, more likely it will last years and Government deficits will grow larger than even the most pessimistic are projecting. But fear not, stay tuned in and just keep looking for that rainbow in the sky so as to remind yourselves that the world is NOT coming to an end.'
Why the party just started getting going folks. This is what I was saying from the start back at MSN MT. There are the previews to the next flick,cartoons,intermission,start of the movie,build up to climax and a ending. This is one of those flicks that contain all kinds of mixes as in the 'recipie' I have been barking about.

4) It is broke, just like the FDIC that insures your bank deposits. Shortly, the PBGC will be asked to takeover the CAR INDUSTRY'S Pension plans among other newly bankrupt companies. But the printing of money cannot be endless. I anticipate the time where the whole system will implode to be in the neighborhood of ONE to THREE years. All of the US Pension Plans are heavily invested in real estate, stocks, bonds, and other asset classes that have seen tens of trillions of dollars disappear in a matter of months and are now far behind in their funding due to their ludicrous underlying assumptions about return on investment. They are effectively bankrupt and they too will have to be bailed out.

5) Non Comprehension

"Facts do not cease to exist just because they are ignored." - Aldous Huxley

The Fed just recently announced that it will be buying $300 billion of US Treasuries and another $1 trillion of agencies (FNM &FRE). Of course, with no one wanting more of our debt, the only action left to do is for the Fed to buy our own debt. Try to understand that buying our own debt is the beginning of the end. It is the final 1st step towards hyper-inflation. It is called "monetizing" the debt and is the most dangerous thing any Central Bank can do. On this news, the stock market turned around and the media bobble-heads could not control their glee. Either they do not understand finance or are fully controlled by others. For Bernanke to say that he will re-absorb the excess money later on is sheer fantasy that even he does not believe. It is lying to the public but then what else is new?

Interest rates must be kept down at all costs so as to save the housing industry, or so they say. But it won't work. In a free market, interest rates must be allowed to find their own true level. If we have a mortgage interest rate of perhaps 4%, it will not save the industry, it will lay the foundation for next S&L type crisis. It's called UNINTENDED CONSEQUENCES. Monetizing is the red flag that tells people that the US dollar must go down in value as more money enters into circulation. While the dollar does not have to go down right away, it is easy to see a decline of 50% in a year or so. What the media bobble-heads did not tell you is that Gold also went up $50 right away and the dollar sank. This $ trillion created out of thin air, will be followed by other trillions till we come to a financial crisis and the present Government or Congress is thrown out on its ear. The desire to get re-elected is so strong that they are overcome with madness. But that is what Socialism is. The real scary thing is that the Republicans now in Congress are not any better. Money is going to flow out of over priced assets and into cash. The definition of cash according to our U.S. Constitution is defined as Gold and Silver. As asset prices start to crater (and they will), their value in Gold terms will fall. Gold is not a commodity; it is the only real money. As your Government buys US Treasuries because they have to, they will try desperately to hold the price of Gold down. But, they too, will fail.

In the end 'waves' are spoken above. I have no doubt that we are currently in that 5th wave as discussed.

Now that article above was written the start of 2009. Since this time the derivatives market has exploded from that 1.14 Quadrillion to? $1.12 downward is a recent revise but I don't buy it.

(July 3,2011 Clearing requirements raising questions about liquidity)

Liquidity? Is this no different than passing the buck or buying bad debts? http://en.wikipedia.org/wiki/Derivatives_market

Oct. 18,2011 600,000,000,000,000?
It's a number no one questions, but the size of the derivatives market is not as shocking as it looks

http://www.newsweek.com/2008/10/17/600-000-000-000-000.html

And will the 'real' number,STAND UP!?

Hardly as this is no more than a vicious cycle of broken promise fulfilling 'Fantasy Island" dreams.

June 9,2010 Big Risk: $1.2 Quadrillion Derivatives Market Dwarfs World GDP

http://www.dailyfinance.com/2010/06/09/risk-quadrillion-derivatives-mark...

So 'NOTHING' has changed as I say. The problem grows and grows like Pinocchio's nose. Will anybody be held accountable for the world wide forest fire? I highly doubt it as we have seen 'ZERO' in the form of meaningful regulation since this guy was booted out,

December 3,2008 Testimony of Professor William Black on derivatives and the current crisis

Professor William Black's testimony before Congress back in October. He spoke about the role of financial derivatives in the ongoing crisis. Some of the points he touched upon were deregulation, perverse compensation, credit default swaps and their role in augmenting risk and volatility, the Community Reinvestment Act and Fannie Mae/Freddie Mac.

http://www.shareholdercoalition.com/Black.pdf

Some of you best keep your fingers and toes crossed in the old 'REBOUND' to the houseing market. I certainly see where the scared comes into play or worried as my oh my,with things gone on 'SPECULATED' and 'UNREGULATED' and 'SUPPRESSION' of the what is,well it's a 'HELL' of a road to the bottom. This is where I get a real kick out of others that continue to say things in God's name,yet take God's name and blasphemy it. When you are looking to TRUE players,and FALSIFIED ones,for me,that is a TRUE tell tale sign of who is who in this mixed up world of deciphering TRUTH in whole from that of mixed matched parts used in the off brand in the 'on sale' electronics isle.

Quote: "The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence. If 'Thou shalt not covet' and 'Thou shalt not steal' were not commandments of Heaven, they must be made inviolable precepts in every society before it can be civilized or made free." --John Adams, A Defense of the American Constitutions, 1787

By the Author of 'The Deadly Derivatives'

July 3,2011 Smoke and Mirrors by Aubie Baltin

http://www.24hgold.com/english/news-gold....58001622G1 0020

July 2,2011 Derivatives: A Capital Markets Gong Show For Whom The Bell Tolls

http://www.24hgold.com/english/news-gold....58001622G1 0020

excerpt - Remember folks, Bill Gross [PIMCO] is reputed to run the world’s largest bond fund. Not only was Gross wrong – in investment terms he was SERIOUSLY WRONG – a great many percentage points wrong. Not only did 10 yr. bond rates not go up by 150 basis points – they have indeed FALLEN by more than 50 basis points.

This illustrates a point; namely, that being the biggest in your space [and having former Fed Chairman Alan Greenspan acting as advisor to your company] doesn’t ensure that you NEVER, EVER make a poor market call and “lose-your-shirt” – so to speak.

Accordingly, it sure is a good thing that the world’s biggest derivatives player - J.P. Morgan - has “seemingly” NEVER, EVER made a bet even “1 % wrong” with their 80 Trillion derivatives book. The Morgue has a Market Cap of roughly $180 billion. A wrong bet of a mere 1% on their ‘book’ would translate to a loss of $800 billion dollars eviscerating their entire capital base more than four times over. The knock on effect from such an event would trigger multiple tsunamis reverberating through the global financial system. Sounds absurd, but it’s pure math.

Either J.P. Morgan NEVER makes a mistake or they get a pass if / when they do make a mistake. Back in early 2006, Business Week reported,

President George W. Bush has bestowed on his intelligence czar, John Negroponte, broad authority, in the name of national security, to excuse publicly traded companies from their usual accounting and securities-disclosure obligations. Notice of the development came in a brief entry in the Federal Register, dated May 5, 2006,

What that means folks, is: J.P. Morgan’s derivatives book constitutes national and international security and they along with other large derivatives player are NECESSARILY excused from wrong way bets. The obscenely large derivatives books of J.P. Morgan and other select money center banks are being used to execute U.S. monetary policy and to achieve other arbitrary financial market outcomes. This has been occurring since at least the mid 1990’s and severely ramped-up in the mid 2000’s.

Additionally, what can be said for J.P. Morgan can also be said for the likes of B of A, Citibank, Goldman Sachs – all with derivatives books [currently] ranging from 44+ to 79+ Trillion in size. Take note of the TOTAL derivatives for Commercial Banks at 243 Trillion:

http://www.24hgold.com/english/news-gold....butor=Rob+Kirby

And now twords the end here on this 'SHAM WoW' let's have a look over in Athens,Greece where Attendees included: Mr. George Sourlas, Ex-President of Greek Parliament; Mr. Ioannis Adamopoulous, President of Athens Lawyers Association; Mr. Ioannis Sakas, Prosecutor General at Athens Court; Mr. Ioannis Athanasiou, President of Prosecutors and Judges Association; Mr. Nikos Xidiroglou Giournalist, Panel Coordinator

What transpired (recently) and 'is' continuing is a certainty of right and a left. One being a conglomerate or octopus,and the other (as exampled above in Athens) being for the simple 'common folk.' Both evolving from early history. Both carrying the torch of time with one still very much,in control. Where the opposite has merely reflected throughout my timely threads,giving a realistic view of the overall or nucleus from all angles.

Maybe part of the multi-faceted aspirations (as though it would seem) is to keep the common folk but further entrenched from the daily happenings as even the BBC has been suppressing all the more as well as Bloomberg. Making detailed and critcial information for others to be made aware of,all the more un-aware.

To me this is all just part of the vast re-structure to change. As it is blatent and obvious that in which is laid out in regards to derivative world above.

When the bell tolls,there will be a major piper to pay,and 'at all costs',as that CBO report stated,'hold the markets at all cost and don't lose invester confidence.'

And once again,at what cost? And how many casualties at the expense others will that be? As 'all cost' certainly should be a 'Major' or 'Priority 1' issue. And thus we have seen no change in the ongoing practices of that in such discussed to be considered in 'real terms',meaningful.

And as I used that word 'faceted' above,I did so for it's performance where so applied. The possibilities are endless when combining for faceted and taxonomy of various and collective recipies. And in derivatives world,just such has been combined.

July 4,2011 European Stocks Advance for Sixth Day as EU Approves Aid Funds for Greece

excerpt (and we only need the first paragraph!) - European stocks climbed for a sixth day, extending the biggest weekly advance for the Stoxx Europe 600 Index in a year, as finance ministers approved an aid payment to Greece.

http://www.bloomberg.com/news/2011-07-04....val-by-eu. html

Aid,mighty BIG sick word being applied.

"Greek lawmakers passed a five-year austerity package, qualifying the country for further aid."

How they make those two words fit together,'aid' and 'austerity' is really something.

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June 20,2011: Monkeys & String Puppets / Rolling Greece Blackouts Start Today

Monkeys and String Puppets all playing together so nicely. When you think that there may be change,for the better of all humanity that is,why another Monkey or String Puppet is simply taken down and a new one added.

Now being a 'team player' is all fine and dandy however being a team player for the better of all and not a select few is where the change needs to be made. So I am not calling out everyone as being evil or tyrant,however it certainly seems that the deck has been stacked in favor of those that are. The rest get the shaft or their voices are unheard.

The people of the world are onto these tricks to spite what many string puppets may think.

The string puppets can be found from Financial blogs north to south east to west here in the states and outside of them as well. I am getting a real kick out of string puppets all lined up in a row at another blog spot (as linked at the top of this board). The lead monkey jumps up and down and the string puppets follow it's movement.

As a example one of the monkeys was claiming pole position in the Broker-Dealers and how much money they made and had outdone even GS (Goldman Sachs). Ironicly,very funny in a sick way,they forgot to mention the remainder of details to their so made claim.

I was looking over a Special Report at Investmentnews.com today for Sat. June 18 2011 on ‘The Largest Independent Broker Dealers’ (www.investmentnews.com/section/BROKERDEALERS) and I see that since 2009 the top dogs have lost millions. So when the report is it’s all fine and dandy,well under the cream is a different story as there is no light in sight for Broker-Dealers, (Alternative investments claim another B-D http://www.investmentnews.com/section/brokerdealers.)

Why even the top Broker-Dealers have lost millions of client money since 2009 to spite the so called hefty profits. Of course those that lost it were still paid and collected their bonuses (Click here for a chart showing bonuses paid from 1985-2009.) Source:http://www.osc.state.ny.us/press/releases/feb10/022310.htm.)

On the 27th of April this year a fine piece came out from Sheryljmoore.com ‘The Largest Independent Broker-Dealers' in which has the cake run down 'Top independent broker-dealers ranked by 2009 gross revenue.'

Now what we have had going on is the borrowing from Peter to pay Paul. This borrowing was based upon false pretense to begin with and can be ranked right up their with the 'Liar Loans.'

Game mathematicians are employed at the white house to keep the game going. Numbers are their game. To start something such as pensions,one would at the same time know in advance the oncoming baby boomers retirement days. With that they would have seen that the population figure in this country would be out of control. And prior to granting these so called pensions to the up and coming retirees,that there would be not enough cake to pay the ridiculous numbers in the future.

Now if the gold standard would have been kept in check,why it is possible that there may have been the funds to do the massive payouts that were up and coming to the pension sector along with all kinds of things. And the old fiat paper would not have been printed out as it has been to cover the years and years of swindling world wide.

William Black wrote a piece (great stuff) May 30,2011 ‘Bad Cop;Crazed Cob – The IMF and the ECB source – New Economic Perspectives.

And I follow that up with a Aug. 4,2009 great interview for those that have forgot,or simply were not in the know. You can say all you like about Max Keiser,however keep in mind that long back it was already fully known and expressed where things were at and where they would evolve to now.

Tyler Durden of ZeroHedge Speaks with Max Keiser source- distressedvolatility.com

I see why some of the monkeys and string puppets state that old William Black is old and washed up and was given the chance. Well now it should be clear to all that those monkeys and string puppets that profess such and avoid true regulating,well it is all becouse those that do,at heart,are no more than con artisits that are in support of 'Sham WoW' and have done no more than to help create and keep this violent sunction cup or 'Super Milker' alive.

Which brings me to the following article out this past week,

June 15,2011 SEC Weighs Deeper Audits of Broker-Dealers Who Hold Client Cash

http://interceder.net/list/Mary-Schapiro

But to spite the entertaining news,nothing changes until there is proper regulation in which William Black has been revealing (along with others) for years. And while this informal regulation continues,things just escalate further out of control with moneys and string puppets on the loose.

And where does that get us? Well the signs are showing up loud and clear around the world these days as in this fine ecxample,

June 20,2011 Greece Is About To Get Hit With Widespread Blackouts, As Power Workers Go On Strike Monday

http://www.businessinsider.com/rolling-blackouts-in-greece-2011-6

Yes the people have grown tired and from the 10's of thousands now on in Madrid to deals gone bad as the 'presser' has to force further austarity,has given the final days of fiat as a ruler. Why James Turk has even lost the old confidence,

June 20,2011 Turk – Confidence in Fiat Currencies is Beginning to Collapse

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/6/20_Tu...

The moneys and string puppets play pen time is coming to a end and their swindling days to a close. And this is a very good thing for the future of humanity.

Adding on a last note,funny how sincere some may sound and then as I see a recent converstation between two monkeys (one on this board,and one at the highly manipulated Refugee Board as above in links),one calls and tells the other for more blood needed in the water. More blood is needed? Well why don't you that called such a thing,look for a honest and alternative way to make money instead of strapping it on others to come in and get hammered upon in a fox type way,that goes for the other monkey in that conversation as well.

$3 BILLION of Investor cash pulled out of crroked street in May (last month)as reported'

Investors Withdraw $3 Billion from Stock Funds in May

http://www.newsvine.com/_news/2011/06/13/6850602-investors-withdraw-3b-f...

and the billions in $ are growing for June. Not to mention the retreat of those that were in over the past year including hedge fund managers as all are smelling the RATS feces all around them.

So instead of 'New Blood' why don't you get on the REGULATION bus and help clean things up instead of hindering them further through manipulation and ponzi for your personnal greed superstar.

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Paper! Paper! Paper! A Messy Trail.........

Paper,Paper,Paper! Ahh,that's some good stuff that paper. It only is good with the honesty that backs it,anything else is useless fiat toilet paper,nothing more,and nothing less.

Fiat money inflation in France - Part 1: John Law

http://www.youtube.com/watch?v=7zvNV-vkEzc&feature=player_embedded

Fiat money inflation in France - Part 2: Assignats

http://www.youtube.com/watch?v=U4aRuiO1OuQ&feature=player_embedded

Yes trickery accounting valuing only those that have manipulated and added to demise of the common folk. And the end result will be no different than throughout HISTORY. The common folk will finally say enough is enough in which has already begun round the world.

Did you catch the FAST TRACK accounting this past Friday,June 17,2011? That was some great stuff! Why the wonders you can do with trees. The paper made from that is.

As the market searched out new blood to collect from 'SUPER MILKER' and hit that magical 102 high,the old paper debt ridden fiat note went into FREE FALL. Although the fall on the ice dollar index was not that severe,it was when a wall street market was the reason for the hold up,once again.

I got a real chuckle on some brain stating their debt ridden fiat note is now worth a $1.30. I am pretty sure that some have no idea what they are even saying anymore. Why the responses from them are truly startling. Perhaps a Market Talk board designed for newborn babies would be a better place for some brains to be at. That way they can condition the future class instead of trying to pull wool from the older already in the know.

I would like to bring to the table as well a old live interview with Tyler Durden (of ZeroHedge) and Max Keiser.

And this is from 2009,amazing stuff! http://poststop.wordpress.com/2009/08/14/max-keiser-interviews-tyler-dur...

Simply astounding how dead on things were already seen as playing out on the game table years ago. And here we are! This is not the first and it will not be the last that Max and Tyler have pegged things 'Dead On'. Why it's almost as though they have read the script prior to it's revealing? No,not at all. Just common sense and as HISTORY would have it. The main feature above.

-------------------------------------------------------------------------------------------------------------------------------------------WEST COAST BABY DEATHS RISE SUDDENLY

Some have too much to think about,and others are simply not informed or ill informed. I never stopped watching the corexit and the terrible conditions that are in play from last years Gulf Oil nightmare. I continually keep eye on what has been and continues on silent whisper or run mode.

Here we take a look at the very upsetting baby deaths occuring 10 weeks after the radiation fallout has continued to bombard the ionosphere.

The Grand Illusion is a very heavy look into owning the weather by creating and adjusting it to suit the need for whatever they deem needed.This is not God's work as we were told loud and clear not to long back.

'Steering' or directing weather with enhanced or man made isotopes is just another way of delivering that man made weather in conjunction with the jet stream.

Note the pattern of flow and where initiated from,then note the pinpricks that evolve into the nightmare scenarios that they produced:

Severe storms and tornadoes erupt in U.S.

http://www.youtube.com/watch?v=WHLdK8JkqQU&NR=1

The following is a look at the current steady rise in the baby dept. of deaths. A excerpt is added from the initial (link included for review in full) as to the legal so called dose of radiation to one that are considered dangerous. You should get a sick laugh.

And without further adue:

A 35% Spike in Infant Mortality in Northwest Cities Since Meltdown
Is the Dramatic Increase in Baby Deaths in the US a Result of Fukushima Fallout?

http://www.counterpunch.org/sherman06102011.html

(Excerpt from gov. doc)

I. Introduction
This report provides a partial list of examples where “Reference Man” – a young,
“Caucasian” male – is currently used in U.S. radiation protection standards or official
guidance documents for radiation protection, such as Federal Guidance Reports 11 and 12 of
the Environmental Protection Agency (EPA), as well as radiation-related regulations and
5 This regulation limits the annual dose equivalent to “25 millirems to the whole body, 75 millirems to the thyroid, and
25 millirems to any other organ of any member of the public….” with the exception of doses from radon and its decay
products (“daughters”).
6 See Makhijani 2005.
7 The use of incidence data for public health protection might be rendered even more useful by parallel consideration of
the degree of trauma to the afflicted individual, which is strongly dependent upon the type of malignancy. However, a
simple model that is based on the treatability of the cancer and years of life lost is unsuitable, since it omits factors such
as lifetime dependence on medication (as is the case in the aftermath of thyroid cancer treatment) and many quality of
life factors. It would be useful to consider supplemental regulatory restraints on radionuclides such as plutonium and
similar alpha emitters, which produce particularly serious cancers, notably lung and bone cancer, or tritium, which may
produce non-cancer effects during pregnancy.
10
compliance guidelines, such as those promulgated by the Nuclear Regulatory Commission
and the Department of Energy. This report is mainly focused on regulations relating to the
protection of the general public, though some aspects of worker protection are also covered.
This report is a supplement to the more extensive report on radiation protection published by
IEER in 2006.8
While it is generally recognized that all individuals are different, Reference Man was an
attempt to provide a standard set of biological characteristics that could be used to
systematize the calculations that are needed in radiation protection. The International
Commission on Radiological Protection’s Report of the Task Group on Reference Man,
defined him as follows:
Reference man is defined as being between 20-30 years of age, weighing 70 kg
[154 pounds], is 170 cm [5 feet 7 inches ] in height, and lives in a climate with an
average temperature of from 10o
to 20oC. He is a Caucasian and is a Western
European or North American in habitat and custom.9
Evidently, this definition leaves out the vast majority of people, including substantial
numbers of workers, from explicit consideration in radiation protection. The continued use
of Reference Man is poor practice because it does not take into account the greater radiation
doses received by some parts of the population that result from the same environmental
conditions and the higher cancer risks per unit of dose that they face.10 This especially
applies to women (including pregnant women) and children. This report also discusses
some of the implications of the findings of the report prepared by a 2006 National
Academies’ panel on the risks of low-level radiation, commonly called the BEIR VII
report.11
Specifically, the BEIR VII report found that the overall fatal cancer risk experienced by
females is 37.5 percent greater than that experienced by males for the same radiation
exposure. This finding is in contrast to the estimates in the 1990 BEIR V report, where the
overall cancer mortality risk to females was estimated at only five percent greater than that
of males. The BEIR VII estimate for differential cancer incidence risk is even higher (52
percent higher for women than men).12
For children, the fatal cancer risk per unit of dose is higher than for adults. The BEIR VII panel
estimated that the risk of developing cancer from exposure is about 3.7 times greater for an infant
boy than the risk for a 30 year old adult male receiving the same dose and 4.5 times greater for an
infant girl than the risk for an adult female. A female infant has about a seven times greater risk of
8 See Science for the Vulnerable: Setting Radiation and Multiple Exposure Environmental Health Standards to Protect
Those Most at Risk. (Makhijani, Smith, and Thorne 2006)
9 ICRP 23 p. 4
10 The EPA has now officially stated that it “does not believe in continued use of Reference Man….” See Meyers 2008,
which is reproduced in Attachment 2. See discussion below regarding the correspondence between Senator Barack
Obama, Congressman Henry Waxman and the EPA. The Obama-Waxman letter to the EPA is reproduced in
Attachment 1.
11 NAS-NRC 2006
12 NAS-NRC 2006 p. 15 and NAS-NRC 1990 p. 172-173
11
getting cancer than a 30-year old male for the same radiation exposure.13 It should be noted that
even though Reference Man is taken to be an adult male in his twenties, the definition makes no
mention of the possibility that a man may become a father and what that might mean in terms of the
impacts on the framework of radiation protection regulations. It should also be noted that, while
radiation dose to the gonads is calculated in the Reference Man framework to take account of
possible hereditary effects, non-cancer reproductive effects are not part of the U.S. regulatory
framework for radiation protection.
Reference Man is currently the basis of many federal regulations and compliance guidelines,
including workplace radiation exposures, cleanup of radioactively contaminated sites, and some
radionuclides in drinking water, notably alpha-radiation-emitting transuranic radionuclides. Some
key examples of how Reference Man is used by three federal agencies – the Environmental
Protection Agency, the Nuclear Regulatory Commission, and the Department of Energy – are
provided here: http://www.ieer.org/reports/referenceman.pdf
.
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WELCOME to The GRAND ILLUSION

Duff,I do TRULY believe that what I am unleashing here is of utmost concern to every single person on this planet,and that people better seriously SNAP OUT OF IT!

The meat of this post is in the second half of it but suddle reminders for those who continue to doze off better WAKE UP!

I have concluded in the close of this entry PROFOUND and very DISTURBING information to all. Many of you may very well know,but I would lay money on it that most are in the complete dark.

I tried expressing the VALID concern for this back at MSN MT and people would not listen. Today a stunning post came out (finally in this magnitude of substance) and as I always say,'It all comes out in the wash.'

Duff as most of you know back at MSN MT had a very revealing thread as to the manipulation of the metals market that VANISHED one day,and in turn he fought and others gave their 2 cents to cough it back up.

After heated debate,it did return however as well TPTB did not like it one bit and in turn it was a battle but it was returned. As MSN MT went on those that care to indulge in uncovering the TRUTH and EXPOSING it,well we are not to well liked by those that continue their puppet theatre parts in support of this created demise we are in.

The reason above with Duffs thread that disappeared I feel that they may very well eliminate or omit/block links/etc. of the uncovering by the Intelhubs report to us. So I enter it in full and will also leave the link.

And some had odasity to call me a loon when I spoke about Monsanto and their seed? Wait until you see Monsantos latest in the report.

So we have all that we need in order to justify that there is no housing recovery. Yet some still play puppet theatre with rehtoric same old same old and flip numbers to justify their propaganda.

Our points have been well made and they have been backed. Some others will simply dispute such.

While they are telling tales as to a housing recovery we have continued to look down the road and ahead. One of these areas that we have been watching (for a very long time) is commercial real estate.

Day of reckoning for commercial real estate in 2012 – largest amount of loans maturing next year as $150 billion in CRE debt comes due. Federal Reserve running out of options in hiding financially disastrous real estate loans.

(excerpt) - The Federal Reserve has tried its best to hide the secrets of past banking blunders deep in its balance sheet. Commercial real estate (CRE) loans made in haste during the real estate bubble are part of this national disgrace in banking folly. As the Federal Reserve and U.S. Treasury digitally print the dollar into oblivion the bad CRE loans still linger in the Fed balance sheet. As it turns out the Fed has become the dumping ground for all things real estate and has traded toxic loans for quality liquidity to fuel the banks back up. CRE debt in the form of empty shopping malls, failed hotels, and tumbleweed occupied strip malls is only a flavor of what the Fed is taking on. Yet many of these loans are still occupying the balance sheet of many banks. As it turns out, there was so much junk in the CRE market that the Fed could only balloon their balance sheet and still not encompass one half of the CRE market. Many CRE loans are coming due in 2012. Is the day of reckoning for CRE coming in 2012?
(end of excerpt)

To download the article packed and backed with sourced material,see here http://www.mybudget360.com/day-of-reckon....oans/#more-3116 )

And how true in order for a large chunk of this commercial it is essential to have a working class of people to support them.

But as we say,just keep adding up those 0's.

And you continue adding them as the 'actual' has gotten away but is not able to run as fast as what it once had. There will always be the jumbled nonsense and those that speak with split tounges, Why there are only two reasons why one would care to cover up things or simply not accept them. Fear of loss or simply helping to provide cover for PONZI MANIPULATION and for the moment as the CBO report states at the beggining of 'The DECOY 409 POST' Restructure for Change' (located @ MSN Refugee Board, 'To hold the market at 'all' costs.'

What do you see?

Macro View May 16, 2011

http://macrostory.com/?p=3288

And a bit more in follow up to yesterday's, 'A Look at The Weather'

Yesterday we shared a look on 'Weather Modification.' Now when one thinks of such many would simply pass it off at first thought as 'sci-fi.' Those of you that have children in Junior High or High School may want to speak to your children as to schools teaching about 'Weather Modification.'

I have for sometime been stating we are caught between the parallels of the 'natural' and the 'man made.'

In the financial arena these are more common than what many care to accept. The losers will be the traditionalists as well as the puppet squad helping for things to carry as they are with no meaningful reform in this abundant and ruthless ongoing circle.

Now while indeed the natural is and has been going on,the man made is also playing a very BIG role.

On the topic of weather I presented a piece a year or so ago (in a further follow up to yesterday's (DECOY 409 POST at MSN Refugee Board),

Weather as a Force Multiplier:
Owning the Weather in 2025
http://csat.au.af.mil/2025/volume3/vol3ch15.pdf

For simplicity of those not to speed go to the 'Illustrations' and see pages 23-27.

After a full review of the above you should have a very good understanding of the repercussions to such.

For simplification purpose I also stress that many of you have no idea what has become out here with the vast amount of cake spent to perform this magic alone. I also stress that what many say is natural when it occurs throughout are planet is a 50/50 cross between the natural and the man made.

I bring these things to my readers so they may understand that all is not as it seems and therfore when I introduced and spoke in regards to the 'K-wave',I did so becouse these times we have now come to were known in advance long ago. They have been applied in there many forms (or hot pokers) as I call them. These pokers are in play from A-Z and there are some that have been in the pit and are scorching red hot about to melt and serve no purpose if they are not pulled and laid out.

When the pundents on this board (which is a mere handful) decide to speak in terms of real time and that in which is going on,that is when we know that they are no longer 'half truthers.' And I do say that with meaningful conviction.

Now so much is there for the general public to simply know about as it is not restricted to see,but the problem is as so many have warned for years that the people have simply been dummied down. The Jones next door have it,so I want it,and requires people to STAY BUSY. Or they are off to watch and record 'American Idol' or 'Dancing with The Stars'. And while countless stayed busy,others have worked (as I have coined over and over).

I have a bad habit of overwhelming so many with a overload of information at once. It is very hard to relate the vast amount of this information and how it al ties together from A-Z (financial markets,politics,economy,people,etc.). But rest assured,it does. Perhaps if they shared with the people all these years to what is so called 'Public' information (as I state up top) that where and what has become would have never had to turn into of what we are up against as the people would simply not allowed much of it to be.

For some additional looks,

Wow! Jets Punch Holes in Clouds and Create Rain

http://www.livescience.com/6599-wow-jets-punch-holes-clouds-create-rain....

Atmosphere Above Japan Heated Rapidly Before M9 Earthquake

http://www.technologyreview.com/blog/arxiv/26773/?ref=rss

Japan Earthquake Was 'In the Air' Days Before, Scientist Claims

http://news.yahoo.com/s/livescience/2011....scientistclaims

And what about the 'ongoing' situation with the mass aquatic,animal,and insect (honeybees).

It's a hell of a ride coming down folks,and we have not seen anything yet I am sorry to say.

The IntelHub report,

Secret Presidential Chemtrail Budget Uncovered, Congress Exceeds Billions To Spray Populace Like Roaches

The Budget Obama Didn’t Want You To Know About

Geoengineering has now been defined as: “the deliberate large-scale manipulation of the planetary environment to counteract anthropogenic climate change.” – The Royal Society 2009

Recently, the question has been asked, What In the World Are They Spraying? The documentary with the same name answers many of those questions.

The question the world is now asking is “Who in the World Is Spraying Us?”

The World is Now Demanding Answers and Accountability…

As an introduction to this article, we will first cover information to familiarize the uninformed readers as to the core facts and information so that a more complete understanding is possible, given this complex issue.

A recent report by CBS Atlanta detailed how some local citizens are outraged that such “crimes against humanity” are being carried out right before our eyes in secret.

In the report Sen. Johnny Isakson was interviewed on the subject of chemtrails saying quote:

“That is a theory that some people have, but there is no evidence this is happening. This is not happening.”

It looks as if members of the government’s upper echelon and even members of the Senate will go to extreme lengths to suppress this vital information from reaching the American people.

Not to mention they signed off on the multi-billion dollar per year budgets in an economic crisis, with little to no transparency to the public.

Support The Intel Hub – Berkey Light Water Filters, Storable Food, and More(Ad)

In regards to aerosol spraying into the earth’s atmosphere, a recent update to data assembled by The Carnicom Institute reveals the chemicals used and their respective levels of concentration. The toxic levels that are being used in these aerosols goes beyond shocking – it would appear that these levels are indeed criminal by EPA Standards.

An Updated Look at Aerosol Toxins – Part 1
By Dr. Ilya Sandra Perlingieri –

(Excerpt from Report)

A new preliminary draft report by ArizonaSkyWatch shows dramatic increases in heavy metals that simply do not belong in our air. NOTE: The level of Manganese is so shockingly high that ArizonaSkyWatch also included additional information about it (see below). This report will be posted online shortly.

This is only a preliminary overview of Arizona Air Particulates.

2010 Air Particulates
These figures indicate how many times they are over the allowable toxic limit:

Aluminum: 15.8

Antimony: 63.3

Arsenic: 418

Barium: 5.3

Cadmium: 6.0

Chromium: 6.4

Copper: 9.0

Iron: 43.5

Lead: 15.7

Manganese: 513.8

Nickel: 10.7

Zinc: 7.5

Additional Research & Videos are at the CaliforniaSkyWatch.com & theAgricultureDefenseCoalition.org.

Interestingly enough, Monsanto has just released an Aluminum Resistant Seed which is Genetically Modified to tolerate Aluminum in high levels in the soil. Is this a coincidence, or do they know something?

“Control oil and you control nations; control food and you control the people.” – Henry Kissinger

See also: Henry Kissinger National Security Study Memorandum 200

“The common enemy of humanity is man. In searching for a new enemy to unite us, we came up with the idea that pollution, the threat of global warming, water shortages, famine and the like would fit the bill. All these dangers are caused by human intervention, and it is only through changed attitudes and behavior that they can be overcome. The real enemy then, is humanity itself.” – Richard Haass- Club of Rome

Another famous quote;

When the people fear their government, there is tyranny; when the government fears the people, there is liberty. Whenever the people are well-informed, they can be trusted with their own government. - Thomas Jefferson

LINKS FOR CURRENT SOURCES

David Keith GeoEngineering

Fund for Innovative Climate and Energy Research (FICER)

Purpose

The Fund for Innovative Climate and Energy Research (FICER) exists to accelerate the innovative development and evaluation of science and technology to address carbon dioxide and other greenhouse gas emissions and their environmental consequences.

The non-profit research fund focuses on early-stage innovative research where relatively small and timely grants can significantly advance understanding, especially of the viability and scalability of proposals to address global warming.

Funded research projects are intended to produce peer-reviewed scholarly articles in recognized professional scientific and technical journals. Any intellectual property that may be generated in the course of such research resides with the researchers or their institutions.

Grants for research are provided to the University of Calgary from gifts made by Mr. Bill Gates from his personal funds.

The activities of the Fund for Innovative Climate and Energy Research fall outside the scope of activities of the Bill & Melinda Gates Foundation. FICER is not a Foundation project and has no relationship with it.

The fund has supported research in a wide range of areas. Some examples include:

• understanding carbon dioxide emissions associated with international trade in goods and services;

• developing technologies to capture carbon dioxide out of the air; and

• climate modeling to understand possible environmental consequences of solar radiation management.

Image: Lawrence Livermore National Library

Report On GeoEngineering

A select group of diabolic oligarch globalists and their puppet cronies embedded within the United States government are now involved in what some would say are crimes against humanity. These tyrants will stop at nothing to usher their hush, hush global aerosol agenda into full swing.

According to a report prepared for the Air Force titled “Weather as a Force Multiplier: Owning the WeatherBy 2025” the U.S. Air Force wants to fully control the weather on earth by the year 2025.

Far surpassing even the most horrific act of terror (real or staged), posing as literal gods, these globalists will stop at nothing to control the world by not only controlling the fraudulent banking systems but by owning the weather through a process (blanket term) calledGeoengineering.

According to globalist sponsored reports, our planet is in a constant state of threat and is being bombarded with radioactive solar rays increasing planetary temperatures due to human carbon emissions.

However, vast bodies of research now show that that is not the case and that global warming is a another globalist myth, a ponzi scheme to collect a Carbon Tax worldwide, benefitting the very same group behind the curtain.

The myth the global warming “Carbon Tax” pushers have been spouting apparently can only be fixed by spraying deadly toxins in an aerosol particulate form into the earths atmosphere via large sprayer converted aircraft specifically assigned to perform Geoengineering tasks.

Aerosol sprays (slang: Chemtrails) are filled with a variety of chemical and metal compounds and are known to be very hazardous to human, plant, and animal health worldwide. This danger to plant and human and animal health has been documented in films such as “What In the World Are They Spraying” by Michael Murphy & G. Edward Griffin, who have also appeared on the Intel Hub Radio Show with Shepard Ambellas.

Ultimately, this issue was originally a matter for the EPA to rule over considering that they have the authority to sanction geoengineering activities under the National Environmental Policy ACT of 1969. However, documents such as the report to the chairman, Committee of Science and Technology, House of Representatives – “Climate Change” – Sept. 2010, U.S. Gov. Accountability Office which was submitted to all members of congress in 2010 attempt to put control into the hands of even a smaller group of people.

This report clearly is slanted and leans to take control away from the EPA along with other regulatory provisions such as; the Endangered Species ACT, and the Conformity Provision in the Clean Air ACT – total Geoengineering dis-info submitted to members of the Congress and other government branches alike.

ClickTo Enlarge PDF

The source of most of the dis-info is Obama’s White House Science Czar John P. Holdren. The following was written on USGCRP letterhead;

“January 2011,

Members of Congress:

On behalf of the National Science and Technology Council, I am transmitting a copy of Our Changing Planet: The U.S. Global Change Research Program for Fiscal Year 2011. The report describes the activities and plans of the U.S. Global Change Research Program (USGCRP) established under the Global Change Research Act (GCRA) of 1990. The USGCRP coordinates and integrates scientific research on climate and global change and is supported by 13 participating departments and agencies of the U.S. government. This Fiscal Year 2011 edition of Our Changing Planet highlights recent advances and progress made by participating agencies and includes budget information on each agency’s contribution.

This report describes a program in transition. In accordance with the GCRA, the USGCRP agencies requested guidance from the National Research Council on how to best meet the changing needs of the nation to understand climate change and respond to its impacts, and the NRC responded with a 2009 report entitled “Restructuring Federal Climate Research to Meet the Challenges of Climate Change”. In accord with that report’s recommendations, the USGCRP is undergoing a strategic realignment that will ensure that the science produced is maximally useful for decision makers at all scales. As described in the new edition of Our Changing Planet, the program going forward will place greater emphasis on impacts, vulnerabilities, and on understanding the options for adapting to the changing climate. The program will also continue its long-standing support for activities that contribute to a better understanding of the Earth system, including observations, research, and predictive modeling.

All of these focuses will be reflected in the USGCRP’s new strategic plan and its National Climate Assessment.

The USGCRP is committed to its mission to build a knowledge base that informs human responses to global change through coordinated and integrated federal programs of research, education, communication, and decision support. I appreciate the close cooperation of the participating agencies, and I look forward to working with the Congress in the continued development and implementation of this essential national program.

Sincerely,

John P. Holdren Director, Office of Science and Technology Policy Assistant to the President for Science and Technology” – Our Changing Planet

Even more disturbing then that is the fact that your so called representatives have been approving yearly geoengineering budgets in the upwards of billions of dollars per year (as outlined in the document “Our Changing Planet – The US Global Change Research Program for the Fiscal Year of 2011, which is a supplement to the Presidents Budget for 2011, much of which is unaccounted for and not even included in the budget possible signifying even a more nefarious plot involving some black budget.

Back tracking to the year 2001, President elect George W. Bush established the (CCRI) Climate Change Research Initiative. A year later it was made public that the USGCRP or United States Global Change Research program and the CCRI both would become what is known as the (CCSP) Climate Change Science Program. Now, under the Obama Administration the legacy continues to move forward as the USGCRP.

Geoengineering Regions

A report entitled “Global Climate Change Impacts in the United States” released in 2009, documents how the USGCRP divided the US into nine regions similar to FEMA regions. Also tucked into the report was the statement “A central finding of the report was that the vast majority of climate scientists agree that global warming is unequivocal and primarily human induced” – Source: Our Changing Planet.

The document goes on to mention the devastating effects of climate change, including the effect on crops, human health and livestock.

But the most startling fact in the document is the actual budget itself, a mere 2.7 billion for 2011 alone (not including many costs) 24% higher than 2010’s budget.

The Global Change Research ACT of 1990, SEC. 102, Committee on Earth and Environmental Sciences states;

a) ESTABLISHMENT.–The President, through the Council, shall establish a Committee on Earth and Environmental Sciences. The Committee shall carry out Council functions under section 401 of the National Science and Technology Policy, Organization, and Priorities Act of 1976 (42 U.S.C. 6651) relating to global change research, for the purpose of increasing the overall effectiveness and productivity of Federal global change research efforts.

(b) MEMBERSHIP.–The Committee shall consist of at least one representative from–

1. the National Science Foundation;

2. the National Aeronautics and Space Administration;

3. the National Oceanic and Atmospheric Administration of the Department of Commerce;

4. the Environmental Protection Agency;

5. the Department of Energy;

6. the Department of State;

7. the Department of Defense;

8. the Department of the Interior;

9. the Department of Agriculture;

10. the Department of Transportation;

11. the Office of Management and Budget;

12. the Office of Science and Technology Policy;

13. the Council on Environmental Quality;

14. the National Institute of Environmental Health Sciences of the National Institutes of Health; and

15. such other agencies and departments of the United States as the President or the Chairman of the Council considers appropriate.

Such representatives shall be high ranking officials of their agency or department, wherever possible the head of the portion of that agency or department that is most relevant to the purpose of the title described in section 101(b).

(c) CHAIRPERSON.–The Chairman of the Council, in consultation with the Committee, biennially shall select one of the Committee members to serve as Chairperson. The Chairperson shall be knowledgeable and experienced with regard to the administration of scientific research programs, and shall be a representative of an agency that contributes substantially, in terms of scientific research capability and budget, to the Program.

(d) SUPPORT PERSONNEL.–An Executive Secretary shall be appointed by the Chairperson of the

Committee, with the approval of the Committee. The Executive Secretary shall be a permanent employee of one of the agencies or departments represented on the Committee, and shall remain in the employ of such agency or department. The Chairman of the Council shall have the authority to make personnel decisions regarding any employees detailed to the Council for purposes of working on business of the Committee pursuant to section 401 of the National Science and Technology Policy, Organization, and Priorities Act of 1976 (42 U.S.C. 6651).

(e) FUNCTIONS RELATIVE TO GLOBAL CHANGE.–The Council, through the Committee, shall be responsible for planning and coordinating the Program. In carrying out this responsibility, the Committee shall–

1. serve as the forum for developing the Plan and for overseeing its implementation;

2. improve cooperation among Federal agencies and departments with respect to global change research activities;

3. provide budgetary advice as specified in section 105;

4. work with academic, State, industry, and other groups conducting global change research, to

provide for periodic public and peer review of the Program;

5. cooperate with the Secretary of State in– (A) providing representation at international meetings and conferences on global change research in which the United States participates; and

(B) coordinating the Federal activities of the United States with programs of other nations and with international global change research activities such as the International Geosphere-Biosphere Program;

6. consult with actual and potential users of the results of the Program to ensure that such results are useful in developing national and international policy responses to global change; and

7. report at least annually to the President and the Congress, through the Chairman of the Council, on Federal global change research priorities, policies, and programs.”

The following is a list of the members included in the Subcommittee on Global Change Research;

SUBCOMMITTEE ON GLOBAL CHANGE RESEARCH
Made up of the following members:

Thomas Karl -Department of Commerce Chair

Thomas Armstrong - Department of the Interior Vice Chair, Adaptation Research

Mike Freilich - National Aeronautics and Space Administration Vice Chair, Integrated Observations

Timothy Killeen - National Science Foundation Vice Chair, Strategic Planning

William Breed -U.S. Agency for International Development

John Balbus - Department of Health and Human Services

William Hohenstein - Department of Agriculture

Jack Kaye - National Aeronautics and Space Administration

Chester Koblinsky - Department of Commerce

Linda Lawson - Department of Transportation

Leonard Hirsch - Smithsonian Institution

Anna Palmisano - Department of Energy

A description of the subcommittee on (p.2) Our Changing Planet Reads;

“The USGCRP is directed by the Subcommittee for Global Change Research (SGCR), which falls under the National Science and Technology Council. The SGCR comprises representatives from 13 departments and agencies and is led by a Chair from one of the participating agencies (currently from the Department of Commerce, National Oceanic and Atmospheric Administration [NOAA]). In order to align the program’s governance with the needs, Vice- Chairs have been identified for Strategic Planning, Integrated Observations, and Adaptation Research. Additional vice-chairs will be identified as needed. The program is supported by the USGCRP Integration and Coordination Office and conducts many of its activities through interagency working groups that plan and implement research and crosscutting activities, such as communications, decision support, and information and data concerns. The Office of Science and Technology Policy (OSTP) and Office of Management and Budget (OMB) work closely with the SGCR, the Integration and Coordination Office, and the interagency working groups to establish research priorities and funding plans to ensure that the program is aligned with national priorities, reflects agency planning, and meets the requirements of the GCRA. “

The Subcommittee in question has now supplied the President with a supplement to the fiscal budget for 2011, which was presented to members of congress in January of 2011 on behalf of the National Science and Technology Policy – Assistant to the President for Science and Technology, John P. Holdren.

The (USGCRP) brings together a total of 13 different agencies and merges them into one single agency program that has been in the works science 1988 or prior.

In 1990 the USGCRP received generous congressional support under (GCRA P.L. 101-606). It is no mystery that aerosol spraying operations have been ongoing since the early 1990’s. Prior to 1990 one could enjoy a true clear blue sky, a figment of the past in 2011 – where none are to be found.

Airship Proposed for Chemtrail Spraying

So just how deep does the geoengineering/terraforming rabbit hole go? The Intel Hub was able to obtain a copy of the final report prepared by the University of Calgary under contract by Aurora Flight Sciences titled “Geoengineering cost analysis.”

In the report there is smoking gun evidence of the entire geoengineering saga from the secret bases, to the payload, to what type of aircraft or “airship” will be the most cost effective to spread toxic particulates throughout the earths atmosphere.

The final report also included budgets for different applications for aerosol dispersal within the atmosphere.

“Existing aircraft are evaluated based on cost of acquisition and operations. An in-depth new aircraft design study and cost analysis was conducted to determine the cost of developing and operating a dedicated geoengineering airplane type. Similarly, an airship design study and cost analysis was conducted. Finally a survey of non-aircraft systems was conducted to determine how their costs compare to aircraft and airships.

Yearly costs of 1M tonne geoengineering operations for all the systems examined are presented in Figure 2. Some systems are easily written off due to extremely high costs. Rocket based systems are not cost competitive due to the large number of launches required and the impact of occasional rocket failures on required fleet size. A system based on 16Σ” naval Mark 7 guns was analyzed and compared to previous work by the National Research Council.4 This system requires large numbers of shots increasing projectile costs and driving yearly costs over $100B. Gun costs become more competitive if the projectile payload fraction can be increased from about 10% for a standard shell to 50%. With this and a few improvements over the 1940-era Mark 7 gun yearly costs are still in the $20B range….The primary vehicles examined to lift particulate to stratospheric altitudes and disperse them at a predetermined release rate are airplanes and airships; rockets and other non- aircraft methods such as guns and suspended pipes are also surveyed.” –Aurora Flight Sciences: Geoengineering Final Report (p.5)

“Geoengineering may provide a means to create a time buffer against catastrophic cli- mate change while long-term emissions reduction actions take effect. One approach is to disperse sulfur compounds at high altitude to reduce the effective solar flux entering the atmosphere. This report will evaluate the means of delivering sufficient mass of this or similar material to affect climate change on a global scale. The goal of this study is to use engineering design and cost analysis to determine the feasibility and cost of a delivering material to the stratosphere for solar radiation management (SRM). This study does notexamine effectiveness or risks of injecting material into the stratosphere for SRM. Its goal is simply to compare a range of delivery systems on a single cost basis.” – Aurora Flight Sciences: Geoengineering Final Report (p.6)

Operational Costs – Not Including Payload

The report mentions how payload costs are not included in the estimate nor are the base/facility costs and continues on (p.8) to say;

“This study focuses on airplane and airship operations to the stratosphere to release a geoengineering payload with the goal of reducing incoming solar flux. Airships are also considered for this mission. To provide a comparison to conventional aircraft operations, more exotic concepts such as rockets, guns, and suspended pipes are also examined….For maximum cooling impact, the particulate payloads are best placed near the equator. This study assumes that the payload is released within latitudes 30°N and 30°S, though North-South basing location had minimal effect on cost. Transit operations, flying East- West between equally spaced bases around the equator, were examined as a method to ensure adequate dispersal of the payload around the equator. Global winds aid in East-West dispersal so a smaller number of bases and shorter range systems (referred to as Regional operations) can be employed with minimal impact on dispersal. Region- al operations allow the dispersal leg length to be dictated by the desired release rate of 0.03kg/m flown. This means the airplanes fly no further than they have to, on the order of 300-800 km, and fuel costs are minimized.” – Aurora Flight Sciences: Geoengineering Final report Yearly cost estimates from different dispersal methods ranged from over 1 billion dollars a year all the way up to rocket dispersed aerosol in the upper atmosphere at the cost of over 100 billion dollars per year.

GeoEngineering Research 2011

California SkyWatch

Agriculture Defense Coalition

GeoEngineering Watch

Arizona SkyWatch

Henry Kissinger’s 1974 Plan for Food Control Genocide

Food Sovereignty

Today Americans would be outraged if U.N. troops entered Los Angeles to restore order; tomorrow they will be grateful! This is especially true if they were told there was an outside threat from beyond whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will pledge with world leaders to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well being granted to them by their world government.” – Henry Kissinger in an address to the Bilderbergers at Evian, France, May 21, 1992.

Note: Websites/News Agencies are welcome to post 50% of this article linking back to us. Or contact us to post in full.

UPDATE – March 31st, 2011

• Aluminum resistant gene patent # 7582809

• Patent granted on September 1, 2009

• Patent developed at the Robert W. Holley Center for Agricultural Health at Cornell University in Ithaca, NY.

• Leon Kochian and Jurandir Vieira de Magallhaes are the primary inventors/ researchers

• Patent assigned to US Department of Agriculture and Brazilian Enterprise for Agricultural Research

• According to Cornell University Chronicle Online, the research project was supported in part by the McKnight Foundation Collaborative Crop Research Program, the Generation Challenge Program, the National Science Foundation and the USDA.

The Bill and Melinda Gates Foundation is a contributor to both the McKnight Foundation and the Generation Challenge Program.

http://www.mcknight.org/international/cropresearch.aspx

http://www.gatesfoundation.org/press-releases/Pages/molecular-breeding-p...

Hundreds of Rain and Snow Tests HAVE BEEN DONE!

http://www.geoengineeringwatch.org/htm/tests.html

Update 4/23/2011 – Amazing Chemtrail Pictures Taken In Phoenix Arizona
Taken 4/22/11 west of Phoenix, AZ suburbs.

http://theintelhub.com/2011/03/30/secret-presidential-chemtrail-budget-u...

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April 28,2011 MSN Refugee Proboard Miss 'ALL of YOU!'

Just a quick note. Well I have stuck it out at the Refugee Board simply because I respect those here at Duff's and others. And I will not back down from those that have been spilling nothing more than a exact opposite of what has and is going on.

Duff thank you for the information back a ways at MSN MT as to the precious metals and what you delivered as to them. So much has been learned from that! As well it made it almost stupidly easy to call the action in the metals. This upset those so called professionals at the Proboards (some of them that is). As well as other stuff I have spoke about and now we see it winding down for the next BIG BLOW.

Well summing this up,those that tried to steer the sheep well they did succeed with some of them,however those sheep that have held out or back from being led around,I know that they are VERY HAPPY to not have been sucked in and decided that Fantasy Island is no way to spend your days.

I wish to add a 5 min. news clip here from a VERY GOOD SOURCE. Max Keiser that is. This one is from Oct. 2009. Max tells all and holds nothing back as to what has happened and where it will lead and what will happen from when it get's there. And Max was CORRECT (once again!). Of course we will have to see debt ridden fiat note fizzle away but that is well under way and the ICE DOLLAR index is talking LOUD!

Max Keiser US Dollar is Finished (NWO SERIES/ 'Dollar Collapse - Slow Death By A Thousand Cuts')
http://www.youtube.com/watch?v=-7RcJOV6adM

Yeah,yeah,not much for the Pumpers and Disinfo workers to say anymore as there is just far to much out now as to what's up and the direction of this country or basicly the 'Change' that is to insue.

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April 21,2011

Out on the ledge here Bruce and others,but please do stay along for the crazy ride!

Benjamin Fulford
http://en.wikipedia.org/wiki/Benjamin_Fulford

Above so in case you do not know who he is.

And here is where crazy as it comes is reported. Or is it crazy?

Many are really not to aware of what lurks. And I have given much study to Eastlund and Tesla. Those of you that have come to know Decoy know that a untimely death occured last year and we will leave that one at that.

Without further adue this leaves me with questions. And questions in which I hope others here will contribute their view of answer from observing the information. What troubles me the most here is the Japan Finance Minister states Japan was threatened by the 'Earthquake Machine.'

Benjamin Fulford, Forbes Magazine’s bureau chief in Tokyo, shares these comments on YouTube from former Japanese Finance Minister, Shoichi Nakagawa, shown in the video, who resigned as finance minister after a G7 meeting where he was observed to be “slurring” his speech, presumably from alcohol. Fulford states that the former Japanese Finance Minister told him the explanation of why he “turned over Japan’s financial system" to the “American-European oligarchs” was because if he didn’t, Japan would be hit with their “earthquake machine.” Interestingly, the former Finance Minster Nakagawa was found dead in Oct., 2009 in his Tokyo home – no signs of foul play, no suicide note, no will.

Benjamin Fulford - JAPAN EARTHQUAKE 2011 MASSIVE HAARP ACTIVITY JAPAN THREATEND IN PAST

Tuesday, March 15, 2011
Former Japanese Finance Minister Heizo Takenaka - ''Japan Was Threatened With An Earthquake Machine''
http://the-tap.blogspot.com/2011/03/former-japanese-minister-japan-was.html

Conspiracy theory with Jesse Ventura - HAARP part 1
http://www.youtube.com/watch?v=uZOt29NR0FY

Now Bruce,if you are reading this you know that I went into some good detail back at MSN MT as to some things that many would not understand in the way of physics.

A one liner that has bothered me greatly is when it was said, 'We are doing God's work' Do people understand the scope of such a statement and choice of words?

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April 13,2011

Well I see indeed we broke the 75 dollar index barrier and now we are on into the 74 range.
Ahh, remember the 70's? Why those were some pretty good times for many of us. Of course some not so lucky such as a good friend that was on clean up detail in Nam. He would go around into the blown out battlefield and claim parts from the damaged pieces that lay about. I think about the times he has told me about and one in paticular as to the 'Inventory & Price' sheet. Just think,a simple screw marked down as $10.00 on cost. Why adjust that rate in today's world price wise.

The 'Real Value' hey. Adjust the 'Real Value' given to 100% of all materialistic items about created by man and bring them into 'reality' of 'true value or worth' and that would be a magical moment in HISTORY as you would most surely see strong 'sales' rise due to. But it's all too late for that but at the same time just think.

Now we have debt and deficit beyond control because nobody is wiling to give up what has been concockted through this illusion of 'Real Value.' And 'Real Value' based is what is leading our deficit course set.

Which brings me to a silent piece of news unless you were hunting around or simply keep track of the ongoing,

Quote: Editor’s Note: What is totally amazing to me is how the IMF can suggest the acceleration of the US to third world status without even one whimper from the media. The idea that the US economy is ‘sufficiently strong’ to be able to withstand significant austerity measures is an absolute joke.

The US lacks a “credible strategy” to stabilise its mounting public debt, posing a small but significant risk of a new global economic crisis, says the International Monetary Fund.

In an unusually stern rebuke to its largest shareholder, the IMF said the US was the only advanced economy to be increasing its underlying budget deficit in 2011, at a time when its economy was growing fast enough to reduce borrowing.

The latest warning on the deficit was delivered as Barack Obama, the US president, is becoming increasingly engaged in the debate over ways to curb America’s mounting debt.

To meet the 2010 pledge by the Group of 20 countries for all advanced economies – except Japan – to halve their deficits by 2013, the US would need to implement tougher austerity measures than in any two-year period since records began in 1960, the IMF said.

In its twice-yearly Fiscal Monitor, the IMF added that on its current plans the US would join Japan as the only country with rising public debt in 2016, creating a risk for the global economy.

Carlo Cottarelli, head of fiscal affairs at the Fund, said: “It is a risk that if it materialises would have very important consequences… for the rest of the world. So it is important that the US undertakes fiscal adjustment in a way sooner rather than later.”

At the moment, the US had outlined less than half of the tax increases and spending cuts necessary to bring its public debt down in the medium term, the IMF calculated. “More sizeable reductions in medium-term deficits are needed and will require broader reforms, including to social security and taxation,” the IMF said.

The IMF said the US economy “appears sufficiently strong” to withstand greater austerity measures and tax increases, adding that the benefit of last year’s stimulus package “is likely to be low relative to its costs”.

Having narrowly averted a government shutdown last week through a deal with congressional Republicans to cut $38.5bn in spending from this year’s budget, Mr Obama will on Wednesday unveil his plans to rein in America’s long-term deficits, which are driven by popular programmes like Medicare, Medicaid and social security.

The debate over US fiscal policy is expected to intensify in the coming weeks and months, as the US hits its congressionally mandated debt limit of $14,300bn. Without approval by lawmakers to increase it, the US could face potential default as early as July, and so far Republicans and Democrats remain some distance from reaching a deal.
http://www.sutton-associates.net/

Why just the other day I posted the article as to the U.S. is already in austerity measures.

Now I wait for the words 'Speculation and Oversold' to start popping about here and there. And I do so from all we have tracked just over the past year and that can be congradulated by 'Super Milker.' Of course those tid bits will come out here and there as we go.

Now my readers let me share with you 'Cover-Up.' As I have been reporting to you as to the USGS site and not being truthful in some respects such as the following. And I do 'Encourage' my skeptics to do their homework before racing off to make dis-claimers. Things have not been rosy around many parts in the world in regards to terra activity.

Quote: 4/13/2011 -- ALERT ! 7.2 (8.0) magnitude quake in Japan -- MEDIA BLACKOUT?! USGS = 5.4
http://www.youtube.com/watch?v=b8lnjzJ1Q0o&feature=player_embedded

This is fun hey! But it gets really good as we go along!

And for the record I have followed some great hidden news and sourced material references from that youtube source. Such as the University that is monitoring the the radiation outward flow dispersing across the world.

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Doing some piecing of things in a grey area over the weekend I just couldent help to recall a article from March 24th,2011 titled,

'Countries Halt Food Imports from Japan over Radiation Fears' http://www.novinite.com/view_news.php?id=126606

In that article it directly states, 'Several countries have decided to stop the import of food products from Japan because of concerns over radiation contamination from the Fukushima nuclear power plant disaster.

The list of countries includes the United States, Australia, New Zealand, Hong Kong, Korea, Singapore, Canada and Russia. They have all moved to halt milk, vegetables and fruits, sea wheat and seafood imports from areas close to the Fukushima nuclear power plant, saying it was a safety measure, in compliance with international standards.

France has also stated it wanted the EU to announce restrictions of food imports from Japan as well'

I recalled the article when I read this,

Japanese imports clean so far
OAKLAND, Calif., April 9 (UPI) -- Federal officials in California said no Japanese imports have been found contaminated with radiation from an earthquake-damaged nuclear power plant.
http://www.upi.com/Business_News/#ixzz1JAzHIRUX

So what gives? The reactors are just fine and there was no really big deal after all. The janitor came out and swept the mess up into his dust pan and threw it away? Because with in the past several weeks this story has had more moves than cheetah. Like this,

Quote: March 23,2011 FDA halts imports of dairy, produce from Japan
http://www.msnbc.msn.com/id/42215049/ns/health-food_safety/

So now do all americans need to carry around a radiation detector to they can figure it out for their own self?

So I dove a little further and found that there is actually a neat University that is doing the duty. Don't need to watch all of the latest just jot down the University and navigate yourself. But the following is a good example of what you can do,

Quote: 4/9/2011 -- URGENT -- ELEVATED (full mid-range) RADIATION -- soon to arrive on west coast USA

Ah,who cares! Just adjust the radiation level for all of us,

America and EU Agree: Raise Radiation Levels for Food
http://www.activistpost.com/2011/04/eu-follows-epa-raises-acceptable.html

Oh well Market Up! Profit Up!

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Is this where the Big SELL-OFF Begins?

So let's have some calls!

Does the 'Sell Off' begin when the dollar index hit's 79.9 - 75.0? What's your thought and position?

Most of you on this board I recognize and therefore you know my thoughts. I think it is 'Highly' probable and the only thing that sustains it is a quick plug. Print more???