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Friday, 24 January 2014

What does "China" and "JP Morgan have in common?

What does "China" and "JP Morgan have in common?

..... a gold vault!?

Oh darlins.... it just keeps getting better and better!!!!  On January 23... the same day that purportedly CNN got hacked and "someone" posted that China had dumped US Bonds on the market..... the very same day JPMorgans gold vault has the BIGGEST withdrawal EVER!!! 

... Pop Quiz:  Who now owns JPMorgan's gold vault?



http://removingtheshackles.blogspot.com/2013/10/massive-global-financial-facepalm-but.html



JPMorgan's Gold Vault Has Biggest One-Day Withdrawal Ever

Tyler Durden's picture


 
Curious why over the past few months JPM has quietly been accumulating a substantial amount of eligible physical gold (even as its registered gold inventory is the lowest it has ever been at just 87K ounces since December 13, 2013 when 147K ounces of gold was withdrawn - keep that date in mind for a few minutes)? This may have something to do with it: moments ago the daily Comex gold vault report confirmed what many expected, namely that the JPM accumulation was merely in advance anticipation of major withdrawals. How major? Well, on January 23, JPM saw 321,500 ounces of gold depart in one day. This was tied for the single biggest daily withdrawal in history!The last time JPM had an identically sized withdrawal? December 13.... 2012.


Something tells us the next few days will see matching withdrwawals from JPM's gold vault, which at last check was officially owned by the Chinese.
And for those wondering how JPM's total gold holdings look over time here it is:


China Dumps US bonds? Part 2

Further to the article I wrote earlier today:  "Did China Dump US Bonds? ...and does it really matter?",I am posting a couple of follow up comments and links.

So, the spin doctors are of course stating that CNN got hacked- their Twitter and Facebook accounts- which begs the question: how did the hackers of Twitter and Facebook manage to post an article on CNN?   Really?  REALLY?!  And of course since the whole was just a joke/hack and nothing really happened.... then of course, nothing happened in response to the alleged Hack, Right?


http://www.marketwatch.com/story/short-term-treasury-yields-jump-on-debt-ceiling-2014-01-24

Short-term Treasury yields jump on debt ceiling


NEW YORK (MarketWatch) -- Short-term Treasury bill yields jumped Friday, signaling early jitters about a looming congressional debate over raising the debt ceiling. Treasury Secretary Jacob Lew has urged lawmakers to raise the borrowing limit as soon as possible. He said in a Jan. 22 letter to congressional leaders that so-called extraordinary measures to keep the government from hitting the debt ceiling would be exhausted by the end of February. An inability to borrow could delay payments on short-term debt, an issue that caused T-bill yields to spike, and prices to fall, during the last debt-ceiling debate in October, which was eventually resolved. One-month T-bills 1_MONTH +206.67% maturing just after the U.S. hits the debt limit, on Mar. 6, rose to nearly 9 basis points. T-bills maturing in mid-February and early April traded at a yield closer to 4 basis points.








Meanwhile, The US Public Is Distracted By This...

Tyler Durden's picture



With emerging market currencies collapsing, US equity hopes fading, bond yields tumbling, and 1.4 million people having fallen off the government transfer receipts bandwagon this week; what better way to distract the US public from that awkward reality that it's all fake...



Well... and of course this.

h/t @RudyHavenstein

http://www.zerohedge.com/news/2014-01-24/meanwhile-us-public-distracted

Nothing happened at all!   Nothing to see here!  Nothing!!!










Did China Dump US Bonds? ...and does it really matter?

Well considering my article yesterday about China's financial troubles, this piece is very interesting!!

*side note: 6 hours later.... this is another long one my friends- go get a coffee!



First off, this is the screen shot I took:



This is a screen shot of a CNN page from yesterday, January 23rd, 2014.  It can only be found in a search of their web cache.  It is literally gone gone gone.   Now, Daily Kos is calling this a hoax, saying that CNN was hacked:

CNN Hacked: Fake story about China dumping bonds and S. China Sea

Hacked CNN Reports "China Dumps All US Bonds"


CNN
1 minute ago
BREAKING: China dumps all bonds, declares South China Sea closed zone
China has just announced, in response to what it calls US aggression, that it has placed all its US treasury bonds on the open market and simultaneously has declared the South China Sea a closed zone. This is a developing story, please check for updates.
This is Google's cache of http://politicalticker.blogs.cnn.com/.... It is a snapshot of the page as it appeared on Jan 23, 2014 23:57:07 GMT. The current page could have changed in the meantime.
http://www.dailykos.com/story/2014/01/23/1272094/-CNN-scrubs-story-about-China-dumping-bonds-and-S-China-Sea#


And Zero Hedge goes a bit further to explain the so called "hack":

It's one thing for the Comedy News Network formerly known as CNN to announce the opposite verdict on Obamacare as breaking news or that the TV studio formerly known as the NYSE is under 3 feet of water (based on what it saw on Twitter). It's something else entirely for it to report that China has declared semi-hot war on the US (unless of course CNN is merely reporting tomorrow's news today).
This is a cached version of a CNN website that appeared one short hour ago.
Luckily this time it was merely a a hack, as can be seen by the "article's" subsequent deletion from the live page and CNN's mea culpa:
  • CNN SAYS SOME OF ITS SOCIAL MEDIAL ACCOUNTS WERE COMPROMISED
  • CNN SAYS COMPROMISED ACCOUNTS INCLUDE TWITTER PAGE, FACEBOOK
But perhaps more telling is the complete lack of market response to even the hacked article, so different to the AP hack from last summer when the market plunged if only briefly following a hacked AP tweet. Just goes to show how irrelvant the once upon a time only news network has become.
http://www.zerohedge.com/news/2014-01-23/hacked-cnn-reports-china-dumps-all-us-bonds




Normally, the thought of CNN being hacked and a silly false story being planted would make me giggle my ass off.... 'cause you know, it's "CNN" and we all love a good gag and giggle....

BUT!!!!  

BUT!!!!!!!

With everything else that is going on right now in the back rooms of the financial world and the pieces of leaked info and blatant main stream media news stories even from within China itself, this makes my brain bump itch and say NO NO!  This is not CNN being hacked- I 100% believe that this is a very big piece of transparency that made it out to the world before getting shut down.

For almost 2 years the intel in the "RV" and "New" Financial System circles has been that China is holding all the cards and that it is China that is taking the lead in pushing this "new" financial system through.   We have watched as piece by piece China has placed their people into controlling positions within the US Financial hierarchy.

China basically has the US by the cahones.  They hold much of the US perceived Debt (directly and indirectly).  More importantly, they have a huge anvil over the US's figurative heads because all the Chinese gold that the US was supposedly "keeping safe" for them has magically disappeared.  Funny how that happens, eh?  Germany's gold is gone too, as AKs article yesterday pointed out, but that's another story....  When the US tried to pay back some of their debt to China with gold covered tungsten bars, well..... that just made the whole situation even worse for the US.

The Intel that we have seen and heard over and over is that Mdm WU (who does NOT work for the purported "White Dragons", no matter what certain people want to believe) and General Wong and General Li (who also are not working for the purported "White Dragons") have been the force behind China's push to oust America as the prime financial dictators (directors,.... same thing) and baton swingers of the financial world, and to push the perceived "New" Financial System that will supposedly reset the worlds finances.....

The threat that has been uttered by China over and over for the past two years has been:  "Push the button, or we will dump a shitload of US Bonds on the market and drown you!"  I have heard this from several sources at least 4 separate times in the past two years. 

This article on Philosophy of Metrics isn't completely accurate, but they have pulled together several very important points:




China to Purchase the Federal Reserve


The U.S. Government Defaulted in October, 2013.
By JC Collins
dragon
In essence, China has been slowly buying up the Federal Reserve for some time now.  If you can call it a purchase.  Its more of a negotiation over assuming the liabilities of both the Federal Reserve and the U.S. Treasury.

The Federal Reserve is the largest holder of U.S. debt at $2.1 trillion.  China is second at $1.3 trillion.  Think of it as the United States government doing a debt consolidation of all its treasury bonds because it can no longer pay or service the debt......

...The post WW2 boom in the United States was funded by the exportation of the dollars inflation to what is now the emerging markets.  Americans lived on the backs of other countries.  Now the tables have turned.  Or have been turning for many years already.  This would explain outsourcing, trade agreements, immigration, favorite nation status, etc..

Why would China and other countries take on the risk of this debt?  Simple, it’s economic reset or economic collapse.  Its in the worlds interest to re-structure the U.S. debt to save the whole whale from beaching itself.

Rumors are circulating that the U.S. dollar will have a rate for in country use, and a separate international rate.  That is because the U.S. treasury and the Federal Reserve are about to be severed from each other.  The Treasury will control the in country dollar, and the “international reserve” dollar will be controlled by China and or the I.M.F. consortium of debt holders.

The U.S. in fact defaulted back in October of 2013.  This has not been told to the public at large.  Why would the congress insinuate that the debt ceiling is now irrelevant?  The only way the debt ceiling, or debt limit,(eg. the amount the government can borrow) can become irrelevant is if the U.S. has in fact defaulted and the process of default negotiations are taking place.  Think of it as the rest of the world cutting up the credit cards belonging to the United States government.

China has recently purchased the JP Morgan building in Manhattan for $725 million.  One could reason that they have in fact purchased all of JP Morgan.  And I’m sure it will soon be announced that China has or is in the process of purchasing other Western banks and physical assets. These banks make up the majority owners of the Federal Reserve.  (edit:  Big call out to Archer for catching my typo and error in the amount which the building was sold.)
http://www.bloomberg.com/news/2013-10-18/jpmorgan-tower-sale-sets-record-for-chinese-in-new-york.html

The gold reserves of the west have been depleted by China.  Some say there is no gold left.  This is more physical assets gone from the ledgers of the Western banks.  The system of debt based money creation of the Western world is dead.  It’s over.  The shift East is in the final stages of completion...

Continue reading HERE


The thing is, the purported "gold reserves" haven't been depleted by China- they've just been "depleted"...  Right now, all the gold buying and selling you're hearing about through the main stream media and alternative sources in the intel world, is just buying and selling of gold certificates- all they are doing is exchanging IOUs. 

As I said yesterday:

... over stating that you have $92 Billion in fiat currency IOUs for gold that doesn't exist.....  isn't  that kinda like telling the other players that you have Park Place and Boardwalk with 4 hotels on each, when in fact all you have is Mediterranean Avenue and Baltic Avenue?  And then you realize, that it's just a giant game that they are playing anyway, and this one might not have any "Get out of jail free" cards.



Massive Global Financial FacePalm...... but it's pretty damn transparent!

[16/10/2013 9:25:05 PM] D Breakingthesilence: I was sent this today - it's about the RV, but ignore that part, lol.  one part jumped out at me.... hold on I have to find it....

 " So to make a long story short in todays world the IMF has decided to no longer strictly use the “gold” standard as the measure of wealth or use fiat currency (not backed by anything, just a speculative currency). Now precious metals and other assets will be used for this purpose. If we look at what the IMF is now doing in a logical sense, with the GCR (Global Currency Revaluation) and the Basel III compliance, we can see that this is needed."

"no longer use the gold standard- and now using other precious metals and  OTHER ASSETS..." for the new global currency revaluation and "new" financial system.

I'm trying to verify this because it's been talked about for a long time, but I haven't been able to completely PROVE it.

...... using other precious metals- (since there is no gold, lol) and other assets eh?  Now, it's been speculated that Oil and diamonds/precious stones, and natural resources would be part of the "other assets" that a currency would be based upon.  BUT..... if that's the case, then why have countries been buying up gold like crazy?  Why would Canada be buying gold when not only do they hold more natural resources than any other G20 country, they have GOLD deposits in ground that they are not touching?! if the "Other assets" are the countries natural resources, then Canada could sit back and wait for everyone to come to them to buy resources!!

... unless the "Other assets" are NOT natural resources.

......... or at least, not inanimate natural resources.

.............. like say..... oh, their population?

interesting.
Bill/ American Kabuki and I were discussing this just a few days ago from the angle of "Human Capital" that is outlined in Executive Order 13037, signed by then US President Bill Clinton.  AK published quite a bit of information on this back in March 2013 HERE.


Then in 2011 a UCC filing was made that claimed the arms and legs of Americans as collateral for a loan of $14 QUADRILLION dollars.  I have briefly researched the various agencies and names in the UCC filing, but I got side tracked- I think that I'll resume my search today as I have a feeling that this all ties into one nice neat package....


 So follow me on this:


page 6 of the above document- page one of the UCC filing- states in section 14:

(-As all real- men with hands and legs, and all real-
 land in the United States of America
14,000,000,000,000,000
-WITH TRUST IN GOD, this real- estate is with the -
PUBLIC-)


All REAL men with hands and legs- meaning actual humans, not fictitious strawmen.


We kNOW that we are the Value.  We kNOW that ALL value of the current monetary system is based on the Human Beings of this planet.  If the IMF is talking about "other assets", and we've seen the official papers and filings and orders that show very clearly that we humans ARE considered "capital" and "collateral", and therefore  we ARE "Assets", then it stands to reason in my mind that the stressing of the word  "Real" (with regards to "men" and land) indicates the strength of that asset.  This is especially true if they can't show us the gold that is supposedly the backing of the purported "New" Financial System. Because if they are incapable of, or resistant to SHOWING the GOLD- the REAL gold - then all the buying and selling of so called "gold certificates" is just the exchanging of IOUs and has no more basis in REAL value than the current fiat currencies and the financial system as it stands right now.


So..... IF China HAS dumped a pile of US Bonds on the market in an attempt to force the US to move forward with the perceived "New" Financial System, Does it really matter?  The Bonds themselves are worthless and based upon make believe numbers and a fiat currency that has no actual value- and even if they are based on Gold, they STILL have no actual value as they cannot/will not prove that the "GOLD" Exists OR that it does in fact actually have ANY VALUE!.... The entire "DEBT" structure of this current financial system is imaginary and exists only in the computers of the banks that invented this thing called "Banking" to begin with, and the supposition that this shiny yellow metal actually has "VALUE".  If WE are the VALUE (and we are) that was used to create the mythos of "Money" and "finance" and "Debt", then the only REAL VALUE   left in the system IS BEings  - real BEings with hands and legs.

THIS is the ridiculousness of the so called "New" financial system.  There is no transparency.  There is no truth.  There is no Real Value- except for that value that already exists.

BUT.... there is a new mechanism of control, a perceived "NEW" Controller of that system. 

China.

What does China have besides a whole lot of US perceived "Debt" IOUs? 

People.

Nick and I (and many other people) have over the past months discussed many aspects of "Value" and "gold" and "Money", and the purported special trust funds and accounts, such as the St Germain Trust fund and the Global Collateral Accounts. Analyzing them up and down, inside and out...

Then this morning a thought hit me right between the eyes while I was putting all of this information together:

What if these special accounts do not contain any "money" or "gold"?  What if these accounts and funds contain the VALUE of the BEings? The REAL VALUE......  ?

VALUE = ENERGY

Our perceived "Value" isn't in gold or silver or paper money, we kNOW this!!  Our VALUE is the ENERGY of CREATION that is intrinsic to all BEINGs on this planet!

What if These special accounts contain all the actual VALUE of BEing, and That was the shock that the system revealed when they tried to base a perceived "New" system of finance on those accounts, only to discover that they have no control OVER that VALUE any more?  We know that the old Energetic bio-security systems no long can be used to access those "accounts".  We know that "they" had planned on using those accounts to fund their "New" financial System.


So..... If they can't access those accounts (and we know that they can't), and if that "Value" in those accounts belongs to the "Real" BEings of this planet (And it DOES!), Then HOW do WE ACCESS that "VALUE"?!?!

THAT is the Question, isn't it?  Do you see the difference between what we though of as "Value"  12 months ago, and what we now understand "Value" to BE now?

Asking  "How do I access my value?" in money- which I strongly believe doesn't even exist, to now asking "How do I access my Value/Energy?"...  There is a VAST difference in those questions!!

And so I ask NOW:

"How DO I ACCESS the "value" of MY Eternal Essence ENERGY that is MINE?"


...and so I search for the answer.


Thursday, 23 January 2014

Monopoly Money, "IOUs" and Where's the gold anyway?

Time for another episode of "As the world Turns... its stomach!"

In our last episode, we saw the Federal Reserve making up new magic tricks to try to save their asses by inventing $200 Billion for their bankrupt cousins, the Tobigtofail Family.  .....

This week, just so that our viewers don't think that this is just an Americancentric  show, we introduce you to the Chinese kingpins that also seem to of lost their checkbook!!!!

.... ok enough with the cheesy 80's TV!!!


............ although seriously?  It kinda is like watching a really terrible 80's Soap Opera!!!

Bill posted this article yesterday which brings the spotlight over to Asia and the Chinese Banksters.

  China’s $23 Trillion Rothschild Credit ‘Debt’ Bubble Is Starting To Collapse ~ China Hanging Bankers: While U.S. Is $6 Trillion Less At $17 Trillion.


Did you know that financial institutions all over the world are warning that we could see a “mega default” on a very prominent high-yield investment product in China onJanuary 31st? Transparency From China Coming To America: Half Of U.S. Stocks Are Counterfeit! We are being told that this could lead to a cascading collapse of the shadow banking system in China which could potentially result in “sky-high interest rates” and “a precipitous plunge in credit“. In other words, it could be a “Lehman Brothers moment” for Asia. And since the global financial system is more interconnected today than ever before, that would be very bad news for the United States as well. Since Lehman Brothers collapsed in 2008, the level of private domestic credit in China has risen from $9 trillion to an astounding $23 trillion. That is an increase of $14 trillion in just a little bit more than 5 years. Much of that “hot money” has flowed into stocks, bonds and real estate in the United States. So what do you think is going to happen when that bubble collapses? The Big Dogs On Wall Street Are Starting To Get Very Nervous: Coming To America? China & Iran to Execute Bankers On Fraud Charges! The bubble of private debt that we have seen inflate in China since the Lehman crisis is unlike anything that the world has ever seen. Never before has so much private debt been accumulated in such a short period of time. All of this debt has helped fuel tremendous economic growth in China, but now a whole bunch of Chinese companies are realizing that they have gotten in way, way over their heads.

 Read more: http://americankabuki.blogspot.com/2014/01/chinas-23-trillion-rothschild-credit.html#ixzz2rG8ytgyd


A little bit more info on this China financial fiasco: 

China’s $23 Trillion Rothschild Credit ‘Debt’ Bubble Is Starting To Collapse ~ China Hanging Bankers: While U.S. Is $6 Trillion Less At $17 Trillion. Read more: http://americankabuki.blogspot.com/2014/01/chinas-23-trillion-rothschild-credit.html#ixzz2rG8fKvVH

American Kabuki is licensed under a Creative Commons Attribution 4.0 International License.
You may copy, quote, and redistribute this material so long as you do not alter it in any way, and you include this link: http://americankabuki.blogspot.com

Chinese Stocks Tumble On Contagion Concerns From First Shadow-Banking Default

Tyler Durden's picture


 
While manufacturing and services PMIs disappointed, the big problem in big China remains that of an out-of-control credit creation process that is blowing up. As we previously noted, instead of crushing credit creation, the PBOC's liquidity rationing has forced distressed companies into high-interest-cost products in the shadow-banking world. Investors on the other side of "troubled shadow banking products" had assumed that 'someone' would bail them out but this evening Reuters reports that ICBC has confirmed that it will not rescue holders of the "Credit Equals Gold #1 Collective Trust Product", due to mature Jan 31st with $492 million outstanding......

.......As Reuters reports,
Industrial and Commercial Bank of China, the world's largest bank by assets, said on Thursday that it has no plans to use its own money to repay investors in a troubled off-balance-sheet investment product that it helped to market.

ICBC's shares have fallen this week amid speculation that the bank would be forced to help repay investors in a 3 billion yuan ($496.20 million) high-yield investment product issued by China Credit Trust Co Ltd but marketed through ICBC branches. The product is due to mature on Jan. 31.

"Regarding this unsubstantiated rumour, a situation completely does not exist in which ICBC will assume the main responsibility (for the trust product)," an ICBC spokesman told Reuters by phone on Tuesday.

The trust product, called "2010 China Credit / Credit Equals Gold #1 Collective Trust Product", used the funds it raised from wealthy investors in 2010 to make a loan to unlisted coal company Shanxi Zhenfu Energy Group Ltd.

But in May 2012, Zhenfu Energy's vice chairman, Wang Ping Yan, was arrested for accepting deposits without a banking licence.

http://www.zerohedge.com/news/2014-01-16/chinese-stocks-tumble-contagion-concerns-first-shadow-banking-default



...... But it's not a Soap Opera!  No Really it isn't!


But wait!  There is MORE!!!


While most of the attention in the Chinese shadow banking system is focused on the Credit Equals Gold #1 Trust's default, as we first brought to investors' attention here, and the PBOC has thrown nearly CNY 400 billion at the market in the last few days, there appears to be a bigger problem brewing. As China's CNR reports, depositors in some of Yancheng City's largest farmers' co-operative mutual fund societies ("banks") have been unable to withdraw "hundreds of millions" in deposits in the last few weeks. "Everyone wants to borrow and no one wants to save," warned one 'salesperson', "and loan repayments are difficult to recover." There is "no money" and the doors are locked.
The locked doors of one farmers' co-op...



Via China CNR,......

.....Rough Google Translation:
Salesperson: ...the money has been slowly falling and in the end is difficult to ask for money, right? And now there is no money coming in, now people don't want to save money, and take all the money.

Reporter: But it's their money, they should be able to...

Salesperson: I know I should [given them money]; however, when the turn started, their is no money, we get cut off and lenders and borrowers took off...
One depositor blames the government (for false promises

http://www.zerohedge.com/news/2014-01-23/china-bank-run-beginning-farmers-co-op-unable-pay-depositors


Mac Slavo outlines what I've been saying for a while- never mind the cash, there ain't no gold either!

Fed’s Dirty Little Secret: “The Gold Isn’t There… Exists as Paper IOU’s”

Mac Slavo
January 21st, 2014
The assumption by global depositors who have entrusted their national savings with the Federal Reserve and US Government has always been that when they request to repatriate their holdings the Fed would simply open the vault, access said assets and ship them back to where they belong.
That’s exactly what Germany expected would happen last year when the country requested that the Federal Reserve return about one-fifth of their gold reserves. But that’s when things got really dicey. The Fed announced that Germany’s gold would be returned… but it would take seven years to get back home.
The response to Germany’s request turned heads all over the world and raised concerns that the Federal Reserve had squandered its gold holdings. But this isn’t the only red flag that was raised. Public pressure reached such levels that the Fed was forced to take steps to maintain confidence in its operations, so it started shipping gold to Germany. Except it turns out that the gold being sent back to the Bundesbank wasn’t actually German gold. It contained none of the original serial numbers, had no hallmarks, and was reportedly just recently melted.
The implications are earth shattering and hit the very core of the problems facing America today. The whole system as it exists is just one big paper IOU.....

Continue reading HERE

But then, isn't that what a fiat dollar is? Just an IOU?  hmmmmmmm

So when companies like HSBC make a boo boo like this:

SAN FRANCISCO (MarketWatch) -- Shares of HSBC Holdings PLC HSBC -1.52% fell on Thursday following a report that the banking giant may have overstated assets by as much as $92 billion.
... over stating that you have $92 Billion in fiat currency IOUs for gold that doesn't exist.....  isn't  that kinda like telling the other players that you have Park Place and Boardwalk with 4 hotels on each, when in fact all you have is Mediterranean Avenue and Baltic Avenue?  And then you realize, that it's just a giant game that they are playing anyway, and this one might not have any "Get out of jail free" cards.



Do YOU know what Chlorpropham is?


Chlorpropham... ever heard of it?  I certainly hadn't until I watched this awesome video put together by a 5th grader.  Elise tells the story of her project about sweet potatoes, and her effort to get one to sprout..... and what she learned about the chemical Chlorpropham that is sprayed on a lot of vegetables and fruit to stop them from sprouting...





Now, we all know about the evil of GMOs and pesticides, but have you ever heard of this chemical Chlorpropham?  I certainly had never heard of it before!  So I decided to do just a little bit of research - and I mean a very little bit, because page one of Google search on Chlorpropham provided me with all the info I really needed.


Cornell University:  http://pmep.cce.cornell.edu/profiles/extoxnet/carbaryl-dicrotophos/chlorpropham-ext.html

INTRODUCTION

Chlorpropham is a plant growth regulator used for preemergence control of grass weeds in alfalfa, lima and snap beans, blueberries, cane berries, carrots, cranberries, ladino clover, garlic, seed grass, onions, spinach, sugar beets, tomatoes, safflower, soybeans, gladioli and woody nursery stock. It is also used to inhibit potato sprouting and for sucker control in tobacco (1). Chlorpropham is available in emulsifiable concentrate and liquid formulations.

TOXICOLOGICAL EFFECTS

ACUTE TOXICITY

Chlorpropham is moderately toxic by ingestion (2). It may cause irritation of the eyes or skin (2). Symptoms of poisoning in laboratory animals have included listlessness, incoordination, nose bleeds, protruding eyes, bloody tears, difficulty in breathing, prostration, inability to urinate, high fevers, and death. Autopsies of animals have shown inflammation of the stomach and intestinal lining, congestion of the brain, lungs and other organs, and degenerative changes in the kidneys and liver (2)

http://mefirstliving.com/dangers-of-chlorpropham/

What Are The Dangers Of Clorpropham?

In an assessment conducted by the United States Environmental Protection Agency, studies using laboratory animals found that “chlorpropham generally has… low acute toxicity” and placed in Toxicity Category III. With that said, here are their findings:
“Chlorpropham is a mild eye and skin irritant, and is practically NON-TOXIC through dermal exposure.”

However,

A dermal study using rabbits show that they “produced SKIN IRRITATION and BLOOD CELL CHANGES.”

A study using beagle dogs “resulted in REDUCED BODY WEIGHT GAIN, ANEMIA, and changes in THYROID FUNCTION and STRUCTURE.”

A rat feeding study also found “BODY WEIGHT GAIN… REDUCED”, in addition to, “DESTRUCTION AND LOSS OF RED BLOOD CELLS.

A developmental study in rats found a “TREATMENT RELATED FETAL EFFECT– an increased incident of rudimentary 14th rib.”

“A developmental study with rabbits resulted in INCREASEDEMBRYO RESORPTIONS and POST-IMPLANTATION LOSS.”

“A reproductive rat study affected GROWTH and HISTOPATHOLOGICAL CHANGES in the spleeen, bone marrow, liver, and kidney.”

“Chlorpropham tested POSITIVE in TWO out of FOUR MUTAGENICITY studies.”

The United States Environmental Protection Agency assesses chlorpropham
An Assessment of chlorpropham by the United States Environmental Protection Agency
(Click on the image to take you to the official Assessment)

Furthermore,

The assessment also states on its fourth (4th) page that,
“Although chlorpropham is classified as a group E chemical (evidence of non-carcinogenicity for HUMANS) according to the Agency’s cancer classification guidelines, one of its metabolites, 3-chloroaniline, is STRUCTURALLY SIMILAR to a KNOWN CARCINOGEN, 4-chloroaniline… Based on the structure of the compounds, the Agency believes that 3-chloroaniline is probably, at most, equally as potent… [as] 4-chloroaniline.”

Yea.....I  think I'll just grow my own veggies as much as possible from now on.




Wednesday, 22 January 2014

The intricate lace of One

Lucas' article today hit so many points with clarity that I cannot even begin to recite them all.  I will say that one of the biggest points that jumped out for me was in this sentence:

"None of you has the full big picture."

 None of Us!

This to me is one of the most important things that people need to realize:  That there is absolutely no one out there, nor down here, that has all the answers.  No ONE. 

I can give you my opinion, I can tell you what resonates with me, I can draw your attention to articles that I find very enlightening or that make my heart pound with internal yesness..... but it is only MY opinion and resonance. I can tell you what I think is/has/will happen.... I can tell you all that I dream and yearn for.  But that is all I can give you- my perception and opinion.  And that is all that anyone can give you, for the entire, complete answers remain hidden.... for now.

We are all on a personal journey.  Our paths intertwine and circle each other, creating an intricate web of the finest silken lace, and that is the beauty that we create.  If we were all to follow the same course, believe exactly the same thing, repeat the same words, walk the same path, there would be no beauty of the elaborately spun webs that we have woven together. Instead there would be an expanse of boring broadcloth, evenly knitted and knotted threads with no grace or elegance, lacking in artistry and fascination.

Therein lies the experiment, the experience of duality and separation.  As we weave our paths in and around each other, touching for moments, either long or short, then spinning off in a different direction till our paths cross again, we strengthen our individual strands and create the most beautiful gossamer web of filigree threads.  One thread alone might seem fragile and frail, and yet as millions of threads weave together in their intricate lacy dance, they become stronger than the thickest sheet of canvas.

We are each alone responsible to our selves and for ourselves. You are on your journey, as I am on mine, and she is on hers and he is on his.....  We lead only ourselves for only ourselves can tell us where we are going. Sometimes streams and pathways join together and then separate only to join up again later on.  For me it truly IS about balance and flow. As I wind my way through the stream, I hold myself in balance so that I am not spun off course as other rivers and paths flow around me, yet in balance I can also flow with those streams.

We are all, each and everyone of us, individuals strands.  We are all equal and yet brilliantly different.  Some times we need a reminder of that.  A reminder that we are each on our own separate journey to Oneness and that our perception is solely our own. Can you kNOW where anothers path has been and where it is going? Can you kNOW what role they agreed to play in this masterpiece of separations and Oneness?  Their path is theirs, your path is yours. Our paths criss-cross continuously and endlessly, and yet they are individual. 

We are the separate threads that create the beauty and brilliance of the intricate lace of ONE.

Follow your path and you will see the beauty as it weaves itself behind you, but look ahead and you will see all the paths unfolding before you are just as beautifully intertwined.


Love D







Lucas – The New Is The Most Exciting You Ever Will Encounter Every Moment Of The Now 

Posted on January 22, 2014 by lucas2012infos


It is time to face reality and get back into balance. Are you able to step over your own shadows and really see, hear, listen and for most sense. You will be see  that humanity has enough awakened humans already and that all that is change is inevitable changing as  the base tone of our multiverse is not duality anymore but balanced duality that centers to one and unity.

So your necks are safe for those fearing to let go of their old personal interest and beliefs as one needs the input of both polarities to become balanced.  It is getting out of extremes. We need to work together on the balance  of both polarities and work together to become one. In this effort there is no place for retribution, hatred, fear, killing, pain, past, future, resentment, it is not about that  and more anymore.

The key is inner individual balance that will reflect also balance outside of you. Some call it the projected reality or your perception. It is not easy to find balance but you can manage and are equipped to deal with it. Former extreme dark or former super Light, we will all succeed. It is an individual process all need to go through.  No worries we are with bumps in the road having a learning curve to find back to that what always was, is and shall be as it is ONE.

We can build a new world only with new ingredients and in really new ways. That also means that you are going to work on the abundance that is and was always yours on this planet and do not hide anymore behind your personal interests, needs,your past and future fears.  For all those still busy with rescue/ prosperity and humanity relief funds,  for those waiting on RV’s,  for those fighting over collateral accounts and its assets, for  those saying to have the gold or those hording it and for those still printing fiat currency at the expense of our humanity, wake up!

Get working together and stop still forcing polarities that can not be or even survive in this new paradigm. You have all  the inner knowledge of this. Money is an ending concept but will be for transitioning needed as a tool for those still awakening and transitioning themselves.  We will find our new ways of exchange but they will not be based upon the old systems.

The days are over for a few running the world. It is time to see we all are our own individual rulers. Individually in cooperation and being self empowered and self-governed humans, we need no custodians and rulers, priests and controllers to make things work.  All those “elite” on or off planet, that still think to know the outcome of their actions and secret planning for millenia and so-called prophesies will be having a hard time.

None of you has the full big picture. The new is created newly and can not be known. The new is new and will not be polluted by all that what has its origins in the past or future. If things are brought into existence now and are NOT meant to stay, they will see their build on quicksand and vanish. We will be seeing creation with the best intent for all that even upon an old structure temporary can exist to make things transition.

Transitioning into the new is now foremost a transitioning from your mind, that has been given the wrongful leader role, back to the heart. Your heart is your source and your first brain. In the first stages of your life your embryo developed first the heart and the heart has its own 40.000 brain cells.  Your first brain is your heart and that is not the same as your brain in your head which develops later on.

Your heart had been disconnected from its real purpose by intoxication, medicine, pollution, manipulation, belief systems and education to become secondary  in nature. The mind was always intended to be in service of the heart and not the other way around. The hearts reflected “speech” is really running the show as it gives its ‘electrical pulses/information towards the brain.

The brain is your secondary center to physiologically make things work. It also for those not yet awakening to their heart-source connection has become an independent center that makes thoughts the foremost important ingredient of speech and expression. We are going to work out that the heart in connection with Source and the brain will give us new ways of “communication” based on combined senses and new balanced emotions generated in symbol and picture/film like inner-projected language that also will be spoken through telepathic connection with others.

Newly found abilities some have already developed in the first stages in the old paradigm. Some have misused their abilities for selfish purposes, for power and for manipulation in being on the darker side of the fence, so to say. Others have used their already developed abilities for healing, support, creation for the good of all on the light side of the fence. Most of us have been hopping in their lives between both polarities in little peaks and stages on both sides of the fence. Sometime have found intentionally of unintended, conscious or unconsciously sometimes the middle the balance.

The new though is NOT about duality and polarities but an intricate equilibrium that shows itself in cooperation, equality, and mastership of conflict resolution. It is about being individually the empowered lightbeings that work in all for the common causes together in unity and peace.  It is about individual creation and living without harming each other.  Would it work I hear lots think….



Continue reading Lucas' article HERE

Petition on behalf of Trica Albright


I'm not someone who usually posts random petitions for people to sign, but this is actually a friend of mine! Trish and her son had a state of California license to grow medicinal Marijuana- and the FEDs are now charging her and her son- and have openly declared that they don't care that she had a License issued by a State!!!!  For further information about all that has happened and been done to Patricia's family please see the articles I wrote last year HERE and HERE

Please sign the petition!!

http://www.change.org/petitions/mr-eric-holder-jr-attorney-general-get-our-case-dismissed-stop-mandatory-sentencing-stop-wasting-tax-payers-money


get our case dismissed/stop mandatory sentencing/stop wasting tax payers money

get our case dismissed/stop mandatory sentencing/stop wasting tax payers money





Scientists Report Teleportation of Physical Objects From One Location To Another

Many times in the past year, there have been discussions about "bridges" and about creating a bridge between the now/3D/old to aid in moving forward into the new.   Ralph Ring discussed this is the video I posted a little while ago HERE.  During the Video Ralph says that the "flying saucer" was only a bridge, as humans already have the ability to to levitate and teleport....  it's just a matter of remembering how.  The ability of these perceived super children to do these things shows us that the ability does exist.





Scientists Report Teleportation of Physical Objects From One Location To Another

January 16, 2014 by Arjun Walia.

teleportThe concept of teleportation comes primarily from science fiction literature throughout human history, but things are changing. It’s 2014 and developments in quantum theory and general relativity physics have been successful in exploring the concept of teleportation for quite some time now.

Today, numerous teleportation breakthroughs have been made. One example is the work of Professor Rainer Blatt, at the University of Innsbruck. They were successfully able to perform teleportation on atoms for the first time, their work was published in the journal Nature.(1) They were able to transfer key properties of one particle to another without using any physical link. In this case, teleportation occurred in the form of transferring quantum states between two atoms, these include the atom’s energy, motion, magnetic field and other physical properties. This is possible due to the strange behavior that exists at the atomic scale, known as entanglement. It’s what Einstein referred to as a “spooky action.”

Another study was published by a team of University of Queensland physicists in the journal Nature in 2013 demonstrating the successful teleportation with solid state systems. (2) A process by which, again, quantum information can be transmitted from one place to another without sending a physical carrier of information. This is the same concept, and is made possible through the phenomenon of entanglement.

Quantum teleportation has been replicated by numerous scientists all over the world a number of times.

The above examples all refer to quantum teleportation, and given that we are all made up of atoms, it lends belief to the possibility that one day we will be able to teleport full physical objects, but some studies, at the highest levels of government, suggest that it’s already been done.

There are different categories of teleportation. Again, the two examples I used above are refereed to as quantum teleportation. Another type of teleportation is psychic, which is the conveyance of persons or inanimate objects by psychic means.

“It became known to to myself, along with several colleagues both inside and outside of government, that anomalous teleportation has been scientifically investigated and separately documented by the Department of Defense.” (3) - Eric Davis, Ph.D, FBIS

A paper published in the Peoples Republic of China (PRC) in September 1981, in the journal Ziran Zazhi (Nature Journal) tilted “Some Experiments on the Transfer of Objects Performed by Unusual Abilities of the Human Body” (Shuhuang et al., 1981) reported that ‘gifted children,’ were able to cause the teleportation of small, physical objects from one place to another. Objects included watches, horseflies, other insects, radio micro-transmitters, photosensitive paper and more. The participants never touched the objects beforehand. The experiments were done under both blind and double-blind conditions, and the researches involved came from various colleges and sectors of the Department of Defense.(3) This is an exceptional case, because it was deemed necessary that an unclassified Intelligence Information Report be prepared for public viewing.

More research was done by the Aerospace Medicine Engineering Institute in Beijing, in July of 1990. It was published in the Chinese Journal of Somatic Science (Kongzhi et al., 1990: Jinggen et al., 1990; Banghui; 1990). This study reported several experiments involving high speed photography video taping, which was able to capture the transfer of test specimens like nuts, matches, nails, pills and more through the walls of sealed paper envelopes, sealed glass bottles and tubes, sealed plastic film canisters and more without the walls of any of these containers being breached.  All of these experiments reported using gifted children and adults to cause the teleportation of various materials.(3)

In all of the examples, it was reported that the test specimens remained in their original state after teleportation, including the insects.

“The Chinese papers are all extremely interesting and very well written, and they show photographs and schematic diagrams of the various experimental setups. The experimental protocols were explained in lengthy detail, and through data and thorough data and statistical analysis were presented in the results.”
(3)  Eric Davis, Ph.D, FBIS

The experiments showed that:

    Different research groups designed different experimental methods, used gifted psychics, different sealed containers and test specimens that were to be teleported
    Time required for teleportation of the test specimens through various barriers was anywhere from a fraction of a second to several minutes, it didn’t matter which test specimen was used.
    The high-speed photography/videotaping recorded test specimens melding or blending with the walls of sealed containers, and then simply disappear from inside the container only to reappear at another location.
    The Radio Micro-transmitter used as a test specimen changed in frequency dramatically during teleportation, researchers concluded that this indicated that the specimen was “nonexistent,” or in another altered physical state during teleportation. The frequency of the transmission were stable before and after teleportation
    The experimental results were all repeatable
    The conditions for fraud and sleight of hand were totally eliminated, and multiple outside witnesses (technical and military-intelligence experts) were present at all times

Obviously, the scientists could not offer an explanation to explain the results.

“Some researchers state that it is necessary to invoke a new physics, which somehow unifies the human consciousness (i.e., physics of consciousness) with quantum and spacetime physics, in order to understand psychic teleportation and related PK phenomena. The researchers were amazed by their repeated results, and were barely able to fathom the altered “state of being” that test specimens underwent during teleportation.” (3) – Eric Davis, Ph.D, FBIS

This was the conclusion given by Eric W. Davis, in the same report cited throughout this article, done for the United States Air Force, at their research lab which was approved for public release:(3)

“The results of the Chinese Teleportation experiments can simply be explained as a human consciousness phenomenon that somehow acts to move or rotate test specimens through a 4th spacial dimension, so that specimens are able to penetrate the solid walls/barriers of their containers without physically breaching them.”  – Eric Davis, Ph.D, FBIS

This is just another example of many that demonstrate the validity of consciousness, and the many different influences it can have on our physical material world.

For more Related CE Articles please go to the original post:
 http://www.collective-evolution.com/2014/01/16/scientists-report-teleportation-of-physical-objects-from-one-location-to-another/#sthash.kTbfhudZ.dpuf

Thursday, 16 January 2014

Transparency: IRS has Rules.... Do YOU know them?

Big Thank You to Justin for bringing this to my attention- more and more transparency being brought forward and made public!

Whether or not they like it, the IRS HAS to follow their own rules- just as every other perceived "government" and "agency" and corporation must do.  But, they get away with NOT following their rules when people are not made aware that these rules exist.  The first defense of your Rights is the kNOWledge of the RULEs.  .....

.... Those who kNOW the "rules", RULE. 

I would suggest that anyone currently battling with the IRS download this document and review it carefully.

I have embedded the original document below the article.

D

This is copied from our Research Room:

The Statutory ‘Election’ to Pay the Income Tax


The vast majority of American Nationals, at one point in their life, made what is described in the Internal Revenue Code as an ‘election’. By the act of filing a Form 1040 U.S. Individual Income Tax Return, American Nationals have literally chosen to rid themselves of their hard-earned income and asked the National Government to treat their income like that of a Resident Alien as found in 26 USC §6013(g).

From this election, those American Nationals have also asked the National Government to treat them personally as a statutory legal fiction. Those creations of the U.S. Congress, the legal fictions, are the property of the National Government and fully under the dominion and control of the National Government.

When American Nationals make a statutory ‘election’ by filing a Form 1040 they have in essence abandoned their status as a sovereign American National with no liability to file or pay a federal income tax [that was only levied upon those who work for the National Government via the Legislative Intent of the 16th Amendment] in order to become a true Taxpayer liable for that tax. The benefit of being a Taxpayer is that you have the unique privilege of “Gifting and Bequesting” your money to the National Government so that it can spend as it likes.

Once the American National becomes a statutory Taxpayer, established via the ‘election’ process, the ‘election’ is self-renewing annually. One can find this fact in 26 USC §6013 (g)(3) Duration of Election. Thus, those American Nationals have agreed to the automatic renewal of their first ‘election’ sub silentio when they filed their first Form 1040.

All of what the National Government has accomplished by their propaganda efforts toward American Nationals [Nonresident Aliens as American Nationals are referred to at 26 USC §7701 (b)(1)(B)] by encouraging them to make the ‘election’ does not violate the 13th Amendment.

The 13th Amendment indeed outlaws slavery and involuntary servitude but it does not outlaw voluntary servitude. Those American Nationals now have no protection under the Constitution and have relinquished their sovereign status in the Constitutional Republic as they have voluntarily chosen to leave the Constitution and the Republic behind for the “benefits” of being the property of the National Government and gifting a large portion of their income to that government which now controls their lives.

But all is not lost for those American Nationals. The Internal Revenue Code also provides a way of reverting back to that former status. This is found in 26 USC §6013 (g)(4)(angel) Revocation by Taxpayer. [verification can be found here.]

A Revocation of Election will eliminate the self-renewing cycle of the first ‘election’. It will also stop any wage withholding under Chapter 24. If you work in the private sector and your employer issues a Form W2 or a Form 1099, then the Revocation of Election Affidavit must be used to inform your employer to stop all withholding for the FIT and to no longer issue those Tax Class 5 Information Returns.

From:  http://weissparis.com/revoke.html

http://sitsshow.blogspot.com/2014/01/disclosure-check-out-irss-stunning.html

Wednesday, January 15, 2014

Disclosure: Check out the IRS’s stunning admission of its own mafia tactics

Source - Sovereign Man

January 13, 2014
Santiago, Chile

In the 3rd century AD, Emperor Caracalla famously remarked of Rome’s tax policy:

“For as long as we have this,” pointing to his sword, “we shall not run out of money.” (Of course, Rome did run out of money. )

At the time, Roman taxation was so extractive that it drove people into poverty and desperation. Yet the government continued to forcibly plunder wealth at the point of a sword.

Not much has changed.

The Taxpayer Advocate Service, which is an independent office within the IRS, has just released a two-volume report describing the mafia tactics that are being employed by the tax collectors in the Land of the Free.

The Executive Summary alone is 76 pages. And believe it or not, it’s a real page turner.

On page 37, for example, the report states that the IRS largely assesses tax penalties improperly.

Specifically, the Office of the Chief Counsel admonished the IRS that it was not legally authorized to impose accuracy related penalties on certain taxpayers, and that the service should abate those penalties already imposed.

Yet the IRS declined to follow its own Chief Counsel’s legal advice, and it has refused to abate penalties for nearly 90,000 taxpayers.

In the words of the agency’s own Taxpayer Advocate Service, “The IRS’s failure to abate inapplicable penalties signals disrespect for the law and a disregard for taxpayer rights.”

Page 34 discusses how the IRS has abandoned its own checks and balances.

When a taxpayer is deemed to owe the US government money, the IRS is supposed to have a “collection due process (CDP) hearing” to verify that the IRS agent followed the law and consider whether the intrusion on the taxpayer was warranted.

Yet the report states that this has become nothing more than a rubber stamp formality, and that current practices “do not provide the taxpayer a fair and impartial hearing.”

In fact, among the most litigated issues at the IRS, the report states that “taxpayers fully prevailed only about two percent of the time.”

Two percent. If you go up against the IRS, you have a 2% chance of winning. Give me a break. You have more than a 2% chance fighting against the mafia.

Moreover, the byzantine US income tax code, which runs to an incredible 72,000+ pages, “disproportionately burdens those who [make] honest mistakes”, especially as it relates to offshore disclosures.

In fact, the report acknowledges that “tax requirements have become so confusing and the compliance burden so great that taxpayers are giving up their U.S. citizenship in record numbers.”

It’s not exactly Emperor Caracalla pointing to his sword… but IRS’s policies and tactics are not so far off from a police agency.

They disregard the law and the advice of their own counsel. They disproportionately burden honest individuals. They flout due process. And they push people to abandon their citizenship.

These are mafia tactics, plain and simple. And like the Romans, Ottoman Empire, and French monarchy before, the tax system in the Land of the Free has become a desperate farce marked by fear and intimidation.

This is one of history’s obvious marks of a nation that has reached its terminal decline. We cannot seriously expect this time to be any different.


Source:


http://www.sovereignman.com/tax/check-out-the-irss-stunning-admission-of-its-own-mafia-tactics-13381/

Wednesday, 15 January 2014

Extreme Laughter Warning: Wanna Gummy bear?

I am working on a research piece at the moment and when I took a break Nick and I found this on 9gag.....I had to post it.

Everyone needs a giggle now and then....


WARNING:  Go pee NOW before reading.  If you have issues with incontinence, you may want to not sit on the couch.


THIS is WHY you should NOT order Candy, online, with ingredients you cannot pronounce and you have never heard of before!!!!  I mean.... it's not funny!  Seriously, people could be terribly sickened from this stuff.....  But..... well..... Just read the comments and you'll understand.


..... Anyone want a gummy bear? 






They Ordered 5 Pounds Of Gummy Bears, And They All Came To The Same Hilarious Conclusion...BIG MISTAKE

They Ordered 5 Pounds Of Gummy Bears, And They All Came To The Same Hilarious Conclusion...BIG MISTAKE





Tuesday, 14 January 2014

Is industrial hemp the ultimate energy crop?

Did you know that the US first President George Washington grew Hemp?


By the way, did you know that the US Government/corporation owns all the patents on medical cannabis cures and treatments?

Hemp is one of the ultimate renewable resources of our planet.  From paper, to fabric, to bio fuel, to medicine,......   

60 Ways to use your Hemp

and another article of interest in the hemp arena

http://removingtheshackles.blogspot.com/2013/05/hemp-could-free-us-from-oil-prevent.html


Original Article HERE:  http://theconversation.com/is-industrial-hemp-the-ultimate-energy-crop-20707

Is industrial hemp the ultimate energy crop?

Bioenergy is currently the fastest growing source of renewable energy. Cultivating energy crops on arable land can decrease dependency on depleting fossil resources and it can mitigate climate change…
Using industrial hemp for the production of bioenergy has been promoted by enthusiasts for a long time. Shutterstock
Bioenergy is currently the fastest growing source of renewable energy. Cultivating energy crops on arable land can decrease dependency on depleting fossil resources and it can mitigate climate change.
But some biofuel crops have bad environmental effects: they use too much water, displace people and create more emissions than they save. This has led to a demand for high-yielding energy crops with low environmental impact. Industrial hemp is said to be just that.
Enthusiasts have been promoting the use of industrial hemp for producing bioenergy for a long time now. With its potentially high biomass yield and its suitability to fit into existing crop rotations, hemp could not only complement but exceed other available energy crops.
Hemp, Cannabis sativa, originates from western Asia and India and from there spread around the globe. For centuries, fibres were used to make ropes, sails, cloth and paper, while the seeds were used for protein-rich food and feed. Interest in hemp declined when other fibres such as sisal and jute replaced hemp in the 19th century.
Abuse of hemp as a drug led to the prohibition of its cultivation by the United Nations in 1961. When prohibition was revoked in the 1990s in the European Union, Canada and later in Australia, industrially used hemp emerged again.
This time, the car industry’s interest in light, natural fibre promoted its use. For such industrial use, modern varieties with insignificant content of psychoactive compounds are grown. Nonetheless, industrial hemp cultivation is still prohibited in some industrialised countries like Norway and the USA.
Energy use of industrial hemp is today very limited. There are few countries in which hemp has been commercialised as an energy crop. Sweden is one, and has a small commercial production of hemp briquettes. Hemp briquettes are more expensive than wood-based briquettes, but sell reasonably well on regional markets.
Large-scale energy uses of hemp have also been suggested.
Biogas production from hemp could compete with production from maize, especially in cold climate regions such as Northern Europe and Canada. Ethanol production is possible from the whole hemp plant, and biodiesel can be produced from the oil pressed from hemp seeds. Biodiesel production from hemp seed oil has been shown to overall have a much lower environmental impact than fossil diesel.
Indeed, the environmental benefits of hemp have been praised highly, since hemp cultivation requires very limited amounts of pesticide. Few insect pests are known to exist in hemp crops and fungal diseases are rare.
Since hemp plants shade the ground quickly after sowing, they can outgrow weeds, a trait interesting especially for organic farmers. Still, a weed-free seedbed is required. And without nitrogen fertilisation hemp won´t grow as vigorously as is often suggested.
So, as with any other crop, it takes good agricultural practice to grow hemp right.
Hemp has a broad climate range and has been cultivated successfully from as far north as Iceland to warmer, more tropical regions. Flickr: Gregory Jordan
Being an annual crop, hemp functions very well in crop rotations. Here it may function as a break crop, reducing the occurance of pests, particularly in cereal production. Farmers interested in cultivating energy crops are often hesitant about tying fields into the production of perennial energy crops such as willow. Due to the high self-tolerance of hemp, cultivation over two to three years in the same field does not lead to significant biomass yield losses.
Small-scale production of hemp briquettes has also proven economically feasible. However, using whole-crop hemp (or any other crop) for energy production is not the overall solution.
Before producing energy from the residues it is certainly more environmentally friendly to use fibres, oils or other compounds of hemp. Even energy in the fibre products can be used when the products become waste.
Recycling plant nutrients to the field, such as in biogas residue, can contribute to lower greenhouse gas emissions from crop production.
Sustainable bioenergy production is not easy, and a diversity of crops will be needed. Industrial hemp is not the ultimate energy crop. Still, if cultivated on good soil with decent fertilisation, hemp can certainly be an environmentally sound crop for bioenergy production and for other industrial uses as well.

Monday, 13 January 2014

Basel Bestows a Break to the Banks, Belying Bankruptcy


Very interesting folks!!!  My highlights and comments in blue. 



http://online.wsj.com/news/articles/SB10001424052702303819704579316584090630274?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702303819704579316584090630274.html

Banks Get a Break on Leverage-Ratio Rules

Basel Committee Softens Terms of Requirement Meant to Ensure Lenders' Soundness

Updated Jan. 12, 2014 4:31 p.m. ET
World banking regulators said they would soften the terms of a rule meant to ensure banks' soundness, bowing to pressure from banks that had argued it would stifle their lending to consumers and businesses.
The Basel Committee for Banking Supervision, made up of banking regulators from around the world, said it had revised the definition of its leverage ratio in ways that will allow banks to report lower levels of overall risk. The leverage ratio measures capital held by a bank against its total assets, so the changes will lead to higher reported capital ratios. That will reduce the pressure on banks to either shed assets or raise more capital to meet the requirement. . This is called "Help!  Help!  We have no assets or capital left!!! But if we let the people know that we'll be cooked!!!"  The bank equivalent of "Please sir, can I have some more?"
The biggest beneficiaries of the changes appear likely to be banks most involved in securities and derivatives markets. (ie: All the big guys that are "too big to fail") Most important, the rules no longer require banks to count 100% of their off-balance-sheet assets. That not only includes most of banks' derivatives exposures, but also the guarantees and letters of credit that are essential to greasing the wheels of international trade.
Which gives the banks greater ability to hide their derivative runs in the City of London etc...
In addition, the changes allow for extensive "netting" of securities-financing transactions, such as repurchase agreements, or "repos,"for greater counting of margin payments received from counterparties.  And they let banks eliminate double-counting of exposures involving central counterparties. Those changes will have the effect of reducing assets reported under the leverage ratio, increasing banks' reported ratios.

Please re-read my article  "Twisted tale of $200 billion" 
"when the Fed announced that an unprecedented $198 billion (that's 20% of a trillion) among 102 entities was reverse repoed to it (an average of just under $2 billion per counterparty) in what can only be characterized as the most grotesque temporary open market operation conducted by the Fed in history."

The announcement is the latest in a series of amendments to the aggressive new rules that regulators drew up in reaction to the 2008 financial crisis, in an effort to make the financial system safer. Much of that fine-tuning has had the effect of softening the impact of the new rules, as the industry has managed to persuade regulators that their plans were overzealous. Sunday's announcement follows a similar relaxation of a new rule on minimum liquidity standards at the start of last year. It also follows a significant dilution in the U.S.'s so-called Volcker rule, which is an attempt at curbing speculative trading by banks, and signs from the European Union that it will soft-pedal parallel plans of its own.
Banks will have to report their leverage ratios from 2015 onward, and regulators intend to force them to have a ratio of at least 3% starting in 2018, but there is no binding commitment to the latter.
When regulators first drew up their reactions to the crisis, they were unable to agree on how to calculate the leverage ratio, owing to differences between U.S. and international accounting standards. Even now, regulators view it as more of a complement, or backstop, to the new risk-adjusted capital standards of the so-called Basel III accords, which have come into force around much of the world over the past year.
The leverage ratio has been criticized as being too crude to be an effective measure of banks' capital adequacy, because it makes no distinction between, say, the riskiness of a three-month U.S. Treasury bill and a 10-year loan to a company in a country in the middle of a civil war.
However, the measure has gained increasing favor with regulators and politicians in the last couple of years, precisely because of its simplicity. The U.K. has already introduced a binding 3% leverage-ratio requirement on its banks, (NOTE: the "UK".... NOT the City of London) and the U.S. plans to go well beyond the 3% minimum ratio envisaged by Basel.
Both the old and the new Basel frameworks allow banks to decide themselves how risky their businesses are via "internal ratings-based" methodologies. The financial crisis exposed how many banks had systematically used that freedom to under-report their risks, and regulators hope that having the leverage ratio as a backstop to the risk-adjusted measures will help stop lenders from gaming the system. This is called putting the compulsive gambler in charge of the casino.
In addition to the changes to the leverage ratio, the Basel Committee also offered a new consultation on a draft rule enforcing a minimum standard of liquidity over a one-year period. The so-called net stable funding ratio will now give greater recognition to bank funding that runs for between six and 12 months. It also slightly eases the treatment of loans to small and medium-size businesses, allowing banks to assume that loans with short remaining maturities will be repaid. However, it tightens requirements in some other areas.