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BULLSHIT

DERIVATIVES: CRIMINAL MINDS AT “WORK”

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A Derivative is a financial instrument with a value dependent upon underlying variables. The term can refer to a contract, or its value, derived from the underlying assets. The most common derivatives arefutures, options, and swaps but may also include other tradeable assets such as a stock or commodity or non-tradeable items such as the temperature (in the case of weather derivatives), the unemployment rate, or any kind of (economic) index. A derivative is essentially a contract whose payoff depends on the behavior of a benchmark.

One of the oldest derivatives is rice futures, which have been traded on the Dojima Rice Exchange since the eighteenth century.

Derivatives are broadly categorized by the relationship between the underlying asset and the derivative (e.g., forward, option, swap); the type of underlying asset (e.g., equity derivatives, foreign exchange derivatives, interest rate derivatives, commodity derivatives, or credit derivatives); the market in which they trade (e.g., exchange-traded or over-the-counter); and their pay-off profile.

Derivatives can be used for speculating purposes (“bets”) or to hedge (“insurance”). For example, a speculator may sell deep in-the-money naked calls on a stock, expecting the stock price to plummet, but exposing himself to potentially unlimited losses. Very commonly, companies buy currency forwards in order to limit losses due to fluctuations in the exchange rate of two currencies.

Derivatives are used by investors to:

  • provide leverage (or gearing), such that a small movement in the underlying value can cause a large difference in the value of the derivative;
  • speculate and make a profit if the value of the underlying asset moves the way they expect (e.g., moves in a given direction, stays in or out of a specified range, reaches a certain level);
  • hedge or mitigate risk in the underlying, by entering into a derivative contract whose value moves in the opposite direction to their underlying position and cancels part or all of it out;
  • obtain exposure to the underlying where it is not possible to trade in the underlying (e.g., weather derivatives);
  • create option ability where the value of the derivative is linked to a specific condition or event (e.g. the underlying reaching a specific price level).
— SOURCE:  WIKIPEDIA.ORG
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NATIVE AMERICAN CRIMINAL CLASS

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“It could probably be shown by facts and figures that there is no distinctly native American criminal class except Congress.”

— Mark Twain

“Modern-day political/economic parasites provide an excellent example of the distortion of information and economies created by vested interests.

For instance, the number of parasitic “professionals” in the United States has increased dramatically in recent years. Each of these professions represent a vested interest:

Number of Lawyers in 1960 equaled 260,000; in 1990 756,000

Number of Political Lobbyists in 1960 equaled 365, in 1990 40,111

Number of Trade Associations in 1960 equaled 4,900; in 1990 23,000

Number of Federal Regulatory Staff in 1960 equaled 70,000; in 1990 130,000

There are now 400 lobbyists in Washington for every Senator! The number of federal lawsuits has roughly tripled in the last 30 years. Forty-two percent of the members of the House of Representatives are lawyers, compared to only fifteen percent in an 18-country average outside the United States. Each of these lawyers and lobbyists are trying to influence the creation or enforcement of laws to serve the vested interests they represent.

The financial distortion and stress on the national economy created by these professionals is staggering.

There are two ways to get rich:

1/ produce something valuable from which you create new wealth, or

2/ try to get a share of somebody else’s wealth.

These professions, by setting themselves up as middlemen in our economy each take a share of our wealth. Of course, these parasites think very highly of their own work and demand very high wages.

It is estimated that the cost of paying for federal regulation, including the residual work involved in processing the enormous amount of paperwork required to comply with newly created government regulation–which often requires the services of a lawyer, since these regulations are all written in legal language that only lawyers understand–costs the American taxpayers about $4,000 per household, or $392 billion, a year.”

— Excerpt from THE OZ FACTORS by Lawrence R. Spencer.

The U.S. Congress has long been dominated by lawyer-politicians. “From 1780 to 1930, two thirds of the senators and about half of the House of Representatives were lawyers; the percentage seems to have stayed fairly stable” (Friedman 1985: 647). . . . at the beginning of the 101st Congress in 1989, 184 members (42%) of the U.S. House of Representatives were lawyers (47% of the Democrats and 35 % of the Republicans). Sixty-three senators were lawyers, roughly equally distributed between the two parties (Ornstein, Mann, and Malbin 1990: 20-21, 26-27). At the beginning of the 102nd Congress in January, 1991, 244 of the 535 members of both houses (46%) claimed attorney as their profession.

. . .too many lawyers cause the law not to be made in a commonsense way but in a legalistic way. Process is worshiped over result because the lawyers get paid more for the process than the result. What could be more enjoyable to a lawyer than arguing the law after making the law which to be argued—as a legislator.  Because lawyers control all legal rulemaking an increase in the number of lawyers does not cause a reduction in their individual activity. It simply increases their percentage take of the American economy.

Lawyer reform is in order!

 

 

 

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TESLA: IS FREE ENERGY REAL?

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If Nikola Tesla’s invention of Free Energy were allowed to be used by the criminals who control Earth there could be an end to war, scarcity, political oppression, taxation, and the “Climate Change” New World Order taxation scam. If everyone in the world had FREE electricity there would be no need for coal or oil or Banksters and their puppet politicians. This is why Tesla’s inventions have been suppressed and hidden for nearly a century.  I recommend that everyone read Nikola Tesla’s autobiography.  Here is a FREE copy of his book.  http://www.teslasautobiography.com/

Affordable Tesla Generator is now available to the public. Creating environmental friendly, free electricity, the dream and brainchild of Nikola Tesla (who obtained approximately 300 patents worldwide for his inventions), has now become a reality for those who wish to supplement their power needs or move totally off the grid.

In 1934, Nikola Tesla, the “Einstein of Electricity” announced to the world that he had “harnessed the rays of the sun and caused them to operate a motive device.” However, rather than support his new findings as they had so many others, the government actually cut his funding and hushed his ground-breaking discovery. At his death, both his body and his papers mysteriously disappeared. Now that the Freedom of Information Act is in play, some of those important blueprints have resurfaced, and Tesla’s invention for environmental friendly electricity has finally become a reality.

The new caretakers of Tesla’s invention share his desire to help the common man. They have made everything you need to build your own power-generating unit easily available and affordable. But they have even gone one step further. Because they are so sure that you will be overwhelmingly satisfied with this product, they are offering a 60-day, no questions asked, money-back guarantee to anyone who is not absolutely happy with this product. It doesn’t get much better than that. This is a win-win situation for everybody involved. Finally Nikola Tesla is seeing his dream realized. Affordable electricity is available to everyone.

For more information about how the environmental friendly Tesla Generator can change your life, go to http://environmentalfriendly.org/tesla

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GENERAL MOTORS STREETCAR CONSPIRACY

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The General Motors streetcar conspiracy (also known as the National City Lines conspiracy) refers to allegations and convictions in relation to a program by General Motors (GM) and a number of other companies to purchase and dismantle streetcars (trams/trolleys) and electric trains in many cities across the United States and replace them with bus services. The lack of clear information about exactly what occurred has led to intrigue, inaccuracy and conspiracy theories with some citing it as the primary reason for the virtual elimination of effective public transport in many American cities by the 1970s. The story has been explored several times in print, film and other media, notably in Who Framed Roger Rabbit, Taken for a Ride and The End of Suburbia.

During the period from 1936 to 1950, National City Lines and Pacific City Lines—with investment from GM, Firestone Tire, Standard Oil of California, Phillips Petroleum, Mack Trucks, and the Federal Engineering Corporation—bought over 100 electric surface-traction systems in 45 cities including Baltimore, Newark, Los Angeles, New York City, Oakland and San Diego and converted them into bus operation.

In 1946, Edwin J. Quinby, a retired naval lieutenant commander, alerted transportation officials across the country to what he called “a careful, deliberately planned campaign to swindle you out of your most important and valuable public utilities—your Electric Railway System”. GM and other companies were subsequently convicted in 1949 of conspiring to monopolize the sale of buses and related products via a complex network of linked holding companies including National City Lines and Pacific City Lines. They were also indicted, but acquitted of conspiring to monopolize the ownership of these companies.

By the time of the 1973 oil crisis, controversial new testimony was presented to a United States Senate inquiry into the causes of the decline of streetcar systems in the U.S. This alleged that there was a wider conspiracy—by GM in particular—to destroy effective public transport systems in order to increase sales of automobiles and that this was implemented with great effect to the detriment of many cities.

Only a small handful of U.S. cities have surviving effective rail-based urban transport systems based on streetcar or trams, including Newark, Philadelphia, San Francisco, Pittsburgh, and Boston. There is now general agreement that GM and other companies were indeed actively involved in a largely unpublicized program to purchase many streetcar systems and convert them to buses, which they supplied. There is also acknowledgment that the Great Depression, the Public Utility Holding Company Act of 1935, labor unrest, market forces, rapidly increasing traffic congestion, taxation policies that favored private vehicle ownership, urban sprawl, and general enthusiasm for the automobile played a role. One author recently summed the situation up stating “Clearly, GM waged a war on electric traction. It was indeed an all out assault, but by no means the single reason for the failure of rapid transit. Also, it is just as clear that actions and inactions by government contributed significantly to the elimination of electric traction.”

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