The Economic Meltdown - Where do we go from here?

If you were a regular reader of the Coltons Point Times or previous work by the editor you would be a lot richer than you are today. Since the '70's we have predicted the economic, stock market and housing fluctuations, trends and crashes with unusual accuracy from the oil manipulations of the '70's and 2007 and 2008 to the real estate mess in the early '80's and 2007, from the dot com meltdown of 2000 - 2002 to the interest spiral of the late '70's.

For years we have warned you of the conflict of interest of the "industry analysts" employed by Wall Street to influence stock prices. We listed the billions of dollars in fines paid for fraud and corruption in the financial and pharmaceutical industries and watched with awe as Congress passed the $700 billion bailout to save the same firms. Over and over we warned that there was nothing "free" about our free market system that is being manipulated by sources far more powerful than our government.

Wall Street and Madison Avenue, the financial and advertising centers of the universe, have joined forces to brainwash and spoon feed the American public with seeds of greed, obsession with materialism and disregard for laws and authority. Here we are today, a new president, a Democratic congress, and an inspired electorate yet the same architects of our current economic chaos are firmly in control of both the present and new administration.

Nearly a trillion dollars in bailouts have already been approved by Congress and our new president, a second multi-billion dollar bailout will be approved before Obama is even sworn in as president. House Speaker Pelosi is meeting today with the auto manufacturers and union leaders to decide on a second 25 billion dollar bridge loan. Barney Frank has promised just about everything to everyone while Pelosi is treating the Treasury as an endless pit of money and our new president may not even have a voice in what takes place.

Make no mistake, Madison Avenue convinced us we must have everything and Wall Street served it up through the maze of financial tricks of the trade and no one bothered to ask do we really need all this stuff. No one bothered to wonder why car companies were making more money off repairing your new car than selling it as "planned obsolescence", in other words making cars that would break down, became a bigger profit center.

Our FDA has turned its head to the proliferation of new drugs from an industry used to charging about 10 to 20 times the fair market value for prescriptions. Tens of billions in fines have been paid by the same pharmaceutical firms for fraud, price fixing, and bribes to doctors and hospitals. Yet Congress wants to expand our already broken and highly corrupt health industry to provide unnecessary medical care and drugs to everyone.

Many consumer product companies are in serious trouble because people did the only thing they could to survive the financial disaster, they stopped wasting money and started saving what little they had left. That is a very good thing but will extend a recession for those interested in bailing out Wall Street. Our media became dependent on advertising dollars that no longer exist so watch for television, radio and cable stations and networks dependent on advertising to start going under.

Our internet firms like Yahoo, Google, E Bay and millions of small businesses on the net will see their value collapse even more as the ad money dries up and as people realize that internet advertising really is the most over-valued method of reaching people with an undiluted message. Credit card fraud, cell phone fraud and identity theft flourish as a result of the internet and the failure of anyone to protect the consumer from such predators. Automated banking will be the next victim of the internet.

Entertainment companies including the record industry are operating with a broken business model and have had to resort to corruption to make money. The five largest record companies in America have paid tens of millions of dollars in fines recently for bribing radio stations to play records and now over 600 radio stations are under investigation for corruption. The record industry is beyond fixing and must collapse.

Many of the very industries our Congress is saving have no business in a free market economy where innovation, quality, service and competition are supposed to be the dominant attributes. Right now we reward fraud, corruption, greed and unfair business practices. How long is the American public going to continue to support the industries with their money and support their protectors (Congress) with their votes? The day of reckoning is at hand.

The worldwide financial meltdown. Are the players, analysts and media guilty as well?

Why does Obama surround himself with them?

If there is anything we have learned this election cycle it is that the experts in the fields of economics, banking, housing, defense, automobiles and a host of other industries have been dead wrong for years and as a result there may be nothing left of the economy for the next president to inherit. Make no mistake, they have been wrong over and over again and yet the media gave them credibility so like just like the Pied Piper, we have followed them down the path to self-destruction.

Now we are faced with a choice for president between well meaning but relatively inexperienced people and we are about to entrust them with our future in perhaps the most difficult period of our history so what lessons have we learned? Ironically, many in America continue to blindly follow the Pied Pipers, the very same people who taught us the meaning of greed.

Thanks to the overwhelming lack of humility of the media I feel a little uncomfortable saying it but wasn't it Jesus Christ in the Sermon on the Mount who said; "Blessed are the meek: for they shall inherit the earth" (Matthew 5:5). What a shame when quoting Jesus can result in condemnation from the very media who is supposed to be telling us the truth.

Well this very media has been engaged in a financial conspiracy dedicated to establishing greed, desire and possession as the virtues of American society as they have bombarded us for decades with all the things we had to own to keep up with the Jones's or to be a leader. Fancy cars, clothes, country club memberships, spas, lattes, you name it, there is not enough money on earth to acquire everything they want you to buy and the more expensive the better.

Oh yes, the media had to attract the billions in advertising dollars from the greed mongers in order to brainwash an unsuspecting public into following a path of economic moral bankruptcy. But the day would come when the excesses of corporations and the lies and deceits of the experts would finally bleed the last drops of blood money from the public and that day has now come not just here but around the entire world.

The American public could see this coming and the experts didn't. Public opinion poll after public opinion poll showed the people no longer trusted politicians, Congress, financial experts and the media as their credibility ratings dropped to the lowest levels ever recorded. What was the difference? Well the experts relied on the philosophy of the products of the best businesses schools in the world while the meek relied on the Bible and the teachings of a humble man named Jesus.

What is the result, economic chaos. What is the conclusion, the experts were wrong. So if they were wrong, why does the media continue to embrace them, give us their latest version of what is going to happen, and expect the public (the fools in the world according to the media) to still follow?

Barach Obama, the least experienced of the candidates, did the only thing he could and used an enormous war chest of money to surround himself with the best, most experienced experts in the world, a Whose Who of Policy experts. These are the very same experts who caused the economic destruction of the world we now face and make no mistake, we are only feeling the beginnings of the fruits of deception and greed.

Look at the record. My last article detailed how the executives of Goldman Sachs recruited Obama to run for president and have helped finance the most expensive campaign in history. To give himself the benefit of others experience Obama surrounded himself with former Goldman executives as his key advisors and endorsers including Robert Rubin (former Goldman CEO), New Jersey Governor Jon Corzine (former Goldman CEO) and a host of fund raisers from Goldman's that gave over $800,000 and raised millions more.

Obama was seduced into supporting the Wall Street bailout, in fact was a leader in bringing it about according to the Democratic party press releases, a bailout designed by yet another former Goldman CEO Treasury Secretary Henry Paulsen. Finally, Obama says billionaire Warren Buffet is his close friend and closest advisor on the economy. Buffet also is now one of the largest stockholders in Goldman Sachs with over $5 billion in the company. There is an old Chicago motto that comes in to play as Buffet not only propped up Goldman but went public to tell Congress to get the bailout done! That motto, "Ubi Est Mea" means "Where's mine?"

To establish his foreign policy credentials Obama got the endorsement of Colin Powell, former Chairman of the Joint Chiefs of Staff and Secretary of State. This was another beneficiary of Goldman largess and was the one who personally took the case to the United Nations to justify the invasion of Iraq, a war Obama says he opposed from the beginning though he was only a young state senator with no involvement in world wars at the time. In housing, there are Fannie Mae and Freddie Mac people throughout his campaign.

So does surrounding oneself with the very people who have led the nation down the path of destruction give one the experience necessary to lead us through the worst period of our history? Judgment is a very interesting thing when selecting people to prove you have credentials as having experience is not nearly as important as learning from experience. If the very people that brought on these deceptions and mistakes are the people you rely on, then not only do you rely on the wrong experience but you demonstrate bad judgment as well.

It would seem the Obama cabinet might as well meet in the Goldman Sachs boardroom as the faces of his team already line the walls of former executives, benefactors and stockholders of the company whose corporate motto is proudly proclaimed as, "Long Term Greed!" Now maybe it is time to update the motto and add, "Take the Money and Run!".

Obama versus McCain or Goldman Sachs versus The Rothschilds

A Clash of the Titans for Control of the Presidency

News the media won't report!

Did it ever occur to you that perhaps your vote really doesn't matter because whatever happens in America is being orchestrated by more powerful sources? Few people understand the power and financial influence of two of the most powerful international financial houses in world history and it may very well be they are heavily involved in cutthroat competition for control of our next president. Yet the media has not even begun to question the relationship between these international bankers and our candidates for president.

Well they should before it is too late. Some would argue it may already be too late as the Congress, the White House, the Federal Reserve, the Treasury Department and the two candidates have already joined forces to adopt the most comprehensive bail out of Wall Street and the banking community every seen in American history and followed it with similar action in every major nation throughout the world.

While Congress and the candidates talk about a $700 billion bailout that was necessary to save the economy, the Federal Reserve and Treasury were quietly adopting new programs and regulations to provide direct assistance to the financial markets bringing the total bailout to nearly $3 trillion. As if that is not enough, the Democratic leadership in Congress also intends to offer a future bribe to the taxpayer of another $300 billion stimulation program if Obama gets elected.

How in the world did the Democrats and Republicans, the liberals and conservatives and the media of this nation all agree to such a massive commitment to save the very institutions that cheated, committed fraud, bent regulations and out-smarted the best minds in government and finance? How did people with opposing philosophies who were bitter political rivals bury the hatchet in the midst of one of the most contentious presidential campaigns in history, just a few weeks before the dramatic climax?

Well perhaps the quiet involvement of Goldman Sachs and the Rothschilds may explain as these global powerhouses have been getting their way with governments since long before most modern governments even existed.

In 1750, 26 years before the American Declaration of Independence the Rothschild family began their journey to become the most powerful financial family in world history and though to this day the vast majority of their holdings are privately held, estimates of their family holdings are as much as $167 trillion dollars. Strategic actions over the 258 year continuous evolvement of the Rothschilds has led to control of much of the world supply of gold, oil, diamonds and many other assets.

As for Goldman Sachs, they were founded in 1869, shortly after the end of the US Civil War and at the dawning of the industrial revolution in America joining yet another family firm still around today, J.P. Morgan whose work to save the Union during the Civil War earned it many privileges during the explosion of growth in America including the opportunity to finance the Rockefeller Standard Oil empire with Rothschild money.

In time the three factions would appear to undertake the most intense competition between them for control of the global financial system ever seen but in the end, though all three groups remain the sole survivors today in terms of American influence, it became known that Morgan was serving as a front for the Rothschilds in order for the Rothschilds to maintain a low profile in America. But low profile or not they dominated what happened and how it happened.

As for the involvement in this election cycle, Goldman Sachs and the Rothschilds have again taken on each other with the Rothschilds jumping onto the McCain bandwagon late in the campaign while Goldman Sachs has been imbedded in the Obama campaign since the beginning. While the Rothschilds have seemingly played a much smaller role in McCain's efforts much remains to be disclosed of the Goldman role with Obama.

This much can be reported. Back when Obama was a freshman candidate for Senator he was selected to be keynote speaker for the Democratic national convention in 2004. A nobody from Chicago was plucked from midair and cast into the most important slot in the convention. How he would up there remains to be revealed.

Just a little over one year after being elected as a junior senator, in 2006 Obama was the featured guest before a private gathering of the Goldman Sachs executives in Chicago, an honor unheard of for someone that politically insignificant, speaking before the most powerful financial firm on Wall Street and one of the most powerful in the world. This was quietly reported in Bloomberg News.

It was the launch of his presidential campaign and Goldman executives soon gave over $800,000 to jump start the Obama presidential bid along with collecting millions of dollars from their fellow Wall Street firms and clients. Oh yes, Robert Rubin became the Obama economic expert, a former CEO of Goldman Sachs. Billionaire Warren Buffet became his most trusted economic advisor, a man who was to invest $5 billion in Goldman Sachs in the height of the economic meltdown. Yet Buffet was also a personal guest of Lord Rothschild at a private conference at his English estate.

The story only gets better. On May 3, 2007, Barack Obama attended an event at the Museum of Modern Art in Manhattan that was not on his public schedule and is only now surfacing. The exclusive private dinner was for Goldman Sachs traders and featured a discussion on issues by Obama moderated for the Wall Street firm by NBC's Tom Brokaw. Once again the circumstances are strange as a year later Brokaw would be moderating the second presidential debate between Obama and McCain and the economy and Wall Street were the main points of discussion. Of course the debate commission and McCain were unaware that Obama and Brokaw had already held a practice session the year earlier.

Then comes the financial meltdown which can be traced back to a couple of major events. The first major change to the regulatory framework that opened the door to Enron and the sub-prime crisis occurred in 1991, when Goldman Sachs, through a subsidiary called J. Aron, argued that even though it was an investment bank it should be granted the same exemption given to commercial traders in the commodity markets because it was in the business of buying commodities as a middleman. It was granted by the CFTC.

A second turning point came when Congress passed the Commodity Futures Modernization Act of 2000, that formally allowed investors to trade energy commodities on private electronic platforms outside the purview of regulators. Critics have called this piece of legislation the "Enron loophole," saying Enron played a role in crafting it. In the months after the act was passed, private electronic trading platforms sprang up across the country, challenging the dominance of NYMEX.

Investment banks like Goldman's had been frustrated with the established exchange because they really were never able to get control of it according to Michael Greenberger, a law professor at the University of Maryland and a former staff member at the CFTC. The new law allowed them to create a private trading platform. The most successful of the private platforms was InterContinental Exchange, or ICE, founded by Goldman Sachs, Morgan Stanley and a few other big brokerages in 2000. ICE soon opened a trading platform in London, allowing its founders to trade vast quantities of U.S. oil overseas without being subject to regulation. This opened the floodgates to oil price speculation.



Suddenly comes the current economic chaos and the president calls a meeting of Congressional leaders, Treasury, Federal Reserve staff and the presidential candidates. Obama, who was staying away from Washington during the crisis got the call and at the meeting he spoke about economic issues that reportedly had been prepared by the Republicans and was being reviewed by Treasury yet wound up in the Obama campaign. Of course the Secretary of the Treasury Henry Paulsen was a former Chairman and CEO of Goldman Sachs as is the new head of the $700 billion Treasury bailout program.

Do we really know anything about the long term relationship between Obama and Goldman Sachs other than their massive fund raising for him? Since he has been secretly guided and financed by Goldman people from the very beginning of his presidential campaign were they influential in his economic platform? Obama never questioned the role of Goldman in the sub-prime fiasco nor in manipulating the oil futures prices. When Goldman specialists tried to drive the price of oil up to $200 a barrel this year Obama never said a word.

Long before this time the Goldman Sachs Foundation had quietly channeled funds to Colin Powell's new group, America's Promise and Powell himself was collecting honorariums from $50,000 to $100,000 for speaking to various groups including Goldman sponsored events. At some point between the time he was Chairman of the Joint Chiefs of Staff, then left government, only to come back as Bush Secretary of State, Powell acquired between $1 million and $5 million of stock in giant defense contractor General Dynamics, a firm in which the Roshschilds have extensive ownership. Powell eventually would be converted from a McCain financial contributor and friend to endorser of Obama in less than a year.

As for the Rothschilds and McCain, it was not until this year that they held a fund raiser for him in London hosted by Lord Jacob Rothschild and his son, Nathaniel Rothschild in the posh London Spencer House on March 28, 2008. As I said at the beginning, the Rothschilds are the oldest, biggest and most powerful of all financial houses and have long chosen to remain in the background while other firms fronted their interests.

Although they compete with firms like Goldman they also cooperate often on international mergers and acquisitions, have been partners in the oil futures exchange, and recently both sought to expand their influence in Asia with the Rothschilds selling a 20% interest in one of their companies to the Bank of China. The Shanghai and Hong Kong-listed commercial bank will pay $341 million for the stake in the French arm of the La Compagnie Financière. It is the first strategic investment by a leading Chinese bank in the eurozone.

In spite of being foreign based the Rothschilds have been one of the chief beneficiaries of the economic crisis in America as J.P. Morgan and Barclays, firms with significant equity held by the Rothschilds, were able to gobble up Bear Stearns, Lehman Brothers and Washington Mutual in sweetheart deals for a fraction of their asset values in the midst of the crisis.

So what control do we really have over the election, over the president and over the Congress? We know control has been lost of the economy, of world trade and of international finance. Most government institutions seem to be operating at the whim and call of the financial giants. Can we expect more after this election? Is America for sale to the highest bidder and is Obama's $500 million campaign the highest bid? All this bodes ill for the liberal, left wing groups and unions rallying around Obama as they may very well be discarded when they have served the purpose of winning the elections.

The World Economic Meltdown - The Hopi Purification of Mankind?

My Friend Grandfather Martin Gashweseoma, Hopi Elder, Spiritual Leader and Guardian of the Sacred Stone Tablets of the Fire Clan standing before the Sacred Hopi Prophecy Stone.

For a few thousand years the original inhabitants of America have had prophecies and oral histories talking about the future coming of the White man and the eventual destruction of America as the future rulers did not listen to the pleads of the natives to change our ways by honoring Father Creator, showing respect for Mother Earth and demonstrating love for fellow man.

These prophecies told how a lust for power, a hunger for possessions and an obsession for what others had would corrupt civilization, bankrupt our morality, and in the end, if mankind was incapable of correcting those flaws then divine intervention would be necessary to protect Mother Earth. For thousands of years Native American nations like the Hopi have patiently worked to protect Mother Earth and awaken humankind.

At the end of the present cycle of civilization there would come a quickening of time, everything would seem to be moving faster and faster as the frequency of Earth increased in order to achieve a lighter density in preparation for the planet Earth to separate into two worlds, with the New World moving to the next higher frequency or dimension.


Ancient Hopi Petroglyths:

The Old World would remain behind with all those who refused the opportunity to become enlightened and refuse to remember our original mission on Earth. Those who thrived on the control and misery of others, who sought material gratification, and forgot how to love all God's creatures, would remain.

The New World would return to the original mission of humankind on Earth living in service, peace, harmony and being free of evil or illness. The survivors would inherit the New World and begin a new cycle of civilization in a higher dimension. These are the people who recognized the quickening and took action to remain open and calm as the frequency storm hit Earth. Many signs are given to awaken the people. Not all people will notice them. Some will choose to ignore them as they are trapped in the dark side of humanity.

At the end of the quickening comes the purification as taught by ancient Hopi prophecy. Many believe this is another version of the Christian Rapture. Of course the Hopi prophecy pre-dated Christianity by many thousands of years but many indigenous peoples and cultures have similar prophecies of the time of the purification. If we were to judge a little less and listen a little more we could see the many common truths in all the Creation, Purification and End Times prophecies.

So what if we are in the time of the quickening that precedes the purification as many peoples believe? Some of the more common signs among cultures is that the institutions of the Old World, those that have controlled people, corrupted economies and marketed immorality with an astonishing degree of success, will suddenly fail. There will be signs to make people aware. Perhaps the potential collapse of the financial system throughout the world is one of these signs.

If you wanted to send a message and get the attention of the people of the world, all at once, then destroying the global economic system would be far more obvious than a remote war. The world is addicted to an economic system that epitomizes all that is bad from corruption to greed, possession to power, and lust to jealousy. The domino effect this would have on all the other corrupt institutions of the world would be amazing from religion to politics, government to banks, media to medical care, pharmaceuticals to entertainment. Things would rapidly ground to a halt.

If there is a silver lining in the dark clouds on the horizon they are this. Many people have studied the ancient prophecies or the more recent body of prophecies by the Holy Mother Mary. Very specific ways to prepare for the purification are provided if your intent is to raise your level of consciousness and move on to the New World. We are taught to visualize ourselves in the eye of the hurricane where there is peace and calm in the middle of the chaos and destruction.

When you open your eyes and see what is happening to our world today, you must seek out those who are here and can help you. Call them adepts or enlightened, they have heard the warnings, have studied the signs, and can help you if you choose the path to the New World. Seek them out among your neighbors and friends. They will be the ones not caught up in the hysteria of the moment, not shocked by the speed at which our institutions are failing, and not bound to any dogma except serving and helping people find their way.

If the prophecies are right we must be prepared to let go of everything we know and remember everything we forgot. We must remember the power of unconditional love and the strength of giving. We must not judge but embrace empathy and hope. Most of all, we must pray in whatever manner allows us to be comfortable, but pray with the right intentions.

Albert Einstein with the Hopi:



If the prophecies are wrong, well they might just be delayed a bit because some people are working to bring good to the world. And that would still give us time to try and heal our institutions and Earth before it is too late. The continued economic chaos and the blinding speed with which things change gives one cause to think that maybe the prophecies are right. Are you prepared for the quickening and purification?