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What really happened today - by Michael C. Ruppert

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posted on Sep, 30 2008 @ 01:42 AM
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Please forgive me if this breaks some rule but a guru to all those who've investigated 9/11, Peak Oil and the coming economic crash, Michael C. Ruppert (author of Crossing The Rubicon) has posted on his blog about yesterday's events and has asked that to help ensure his personal safety that people mention his name on website and in the media as much as possible.

Here's what he had to say:

SOURCE




For years I have told you exactly what was going to happen and it has. Today's economic meltdown, with the Dow dropping 777 points and $1.2 trillion in equity lost is no exception. In our second FTW Economic Alert back in 2002 I predicted a market crash that saw $1 trillion in shareholder equity lost in the following three months. -- $1.2 trillion was destroyed just today. That and much more.

In FTW's fourth and last Economic Alert(www.fromthewilderness.com...)-- just 11 days before our offices were burglarized on June 25, 2006-- I specifically warned that this day (metaphorically speaking) would come. What prompted that alert was an unprecedented move by President George W. Bush to give the National Director of Intelligence, John Negroponte, the authority to exempt "certain" Wall Street firms and banking giants from reporting their financial records to the Securities and Exchange Commission. It was this move which permitted everything that has happened over the last month. That move allowed smaller banks and investors to continue buying pigs (without lipstick) in a poke while average Americans were led to believe that everything was OK. If you don't believe me, go read the Economic Alert for yourself. It's all right there -- everything.

And if you had followed every piece of advice I gave in that warning-- two years ago -- today's events would have made you money. They would have strengthened your family. They would have made you immune to the panic that today touched American public consciousness.

Gold is likely to explode in price in short order. $2,000 an ounce is possible within six months.

Since 2003 I have told my readers that the destruction of the U.S.economy was planned, essential and a foregone conclusion. It has to do with Peak Oil. There is no economy without energy. The world is running out of oil faster than almost anyone had predicted. Even previously optimistic opponents of Peak Oil have acknowledged that global decline is now between 5.8% and 9% per year. That means that if the world produces 85 million barrels per day this year, it will possibly produce less than 80 Mbpd next year. Demand destruction is conserving a resource for which there is no replacement and this is what has always been intended. An $8 drop in price today has done nothing to reignite demand. The United States, with 5% of the world's population using a quarter of the world's oil, was/is the ONLY point of demand destruction available that will save human industrialized civilization. I have said that consistently for many years. I told you that the real Powers That Be had gotten or would get their money out and safe before they crashed everything. They did... It was your money. It was our money.

Those who read FTW for years know that time after time, and year after year my predictions have been proven correct. The United States economy is being deliberately destroyed. The fact that it was Republican House members who blocked the bailout today confirms that they are helping the Bush Administration complete its last mission before leaving office: the complete destruction of the American economy and the financial crippling of the American people. I believe the intent is, and has been, to leave a newcomer African-American president with an economy on life support which will expire early in his watch. Every Obama campaign ad that now promises to "turn the economy around" only tightens the noose around his neck. The subconscious "Jerome Corsi" message is, "Blame the blacks" next year when you get it that the Great Depression was a picnic compared to what is coming.

This is now the fast crash scenario. It is further complicated by two things.

First; today's failure coincidentally occurred at the beginning of Rash Hashana. I am not suggesting that Jewish members of congress had any part of this. It would not be, however, the first time that great crimes have been committed and subsequently blamed on Jews. The subconscious "Jerome Corsi" message is "Blame the Jews". Congress will now not reconvene until Thursday, October 7. Seeing the meltdown and collapse of the U.S. financial system, and the failure of the U.S. government, a two-day congressional stand down will give other nations time to realign and adjust their finances before it is possible to see another House vote. In my opinion foreign economies will been energetically disengaging from the U.S. economy and the dollar in tranches as big as possible without totally destroying the value of their holdings. During that time, with the markets open, giants like Citigroup (not the only one) will be exposed. They have been counting on the bailout. Citigroup may survive but others will not. The ones who do survive will ultimately be corporations that have been in on this plan. Goldman Sachs will most certainly survive. Berkshire Hathaway will undoubtedly survive.

Just a few days ago China ordered its banks to stop lending to U.S. banks.

Second; Venezuela, North Korea, Russia, rebels in Nigeria, and pirates off Somalia are becoming increasingly more aggressive. They do this not with the intent of physically attacking the United States itself, but with breaking its credibility and economic back. The U.S. has been humiliated in Georgia and North Korea is firing up its nuclear plants again. I have predicted this for years also and it is totally understandable given the belligerent, hostile and bullying foreign policy of the United States over the last eight years. I predict tha ton the geopolitical scene we are going to see (or not) some very serious realignments beginning over the next two weeks. They will be irreversible. The world is fragmenting along purely geographical lines. Yes, I predicted that too.

I AM IN PERSONAL DANGER NOW

But it doesn't matter. I have broken an unspoken deal with the government to remain retired and not speak out. The legal harassments against me continue and I have just now crossed my own Rubicon. I am now preparing for physical attacks in the hopes that they do no toccur. You who know how right I have been can help protect me by speaking my name in public, by writing to media outlets, to Congress and telling them about "Crossing the Rubicon" and our incredible record at FTW.

Given that we predicted all of this, is it not reasonable to expect that someone might look to us and our work forsolutions? Isn't it reasonable to point others to the map we made? Isn't that the right thing to do? Given that everything I have predicted is coming true; given that we are witnessing the planned destruction of the U.S. economy; given that it was Republican members of congress who delayed the bailout bill...is it still so impossible to believe that Dick Cheney orchestrated and executed 9-11? They have almost handed off the carcass and evidence to a doomed Obama presidency. Oh yes, he'll win in a landslide... while the Bushes and their "base" will be laughing all the way to the bank. Please help protect me. Speak my name. Please help others. Point them to "Rubicon" and the FTW archives and teach them the map so they canfind their own paths through this.

It is a good day to die.

Michael C. Ruppert


"Fascism ought more properly be called corporatism because it is theperfect merger of power between the corporation and the state." --Benito Mussolini







 


Mod Edit: All Caps – Please Review This Link.

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[edit on 10/27/2008 by kinglizard]




posted on Sep, 30 2008 @ 05:12 AM
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Thanks for sharing that - the mechanisms behind the economic crash need to be made clear.



posted on Sep, 30 2008 @ 06:09 AM
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posted on Sep, 30 2008 @ 03:15 PM
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good read man,I was hoping to get Ruperts take on what has happend TPTB allowed this to happen in order to make the NAU a reality.



posted on Sep, 30 2008 @ 03:40 PM
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Just wanted to bump this. I would suggest people read his archives. Very interesting indeed. Now that the crap has indeed hit the fan I wonder where of the 'skeptics' are? Still think the dollar won't crash and that the economy is not going to hell in a hand basket?



posted on Sep, 30 2008 @ 03:58 PM
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Very interesting read.

I'm going to look at the Rubicon archives now.



posted on Sep, 30 2008 @ 05:48 PM
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"this day would come?"

It was only a 7% drop.. most of which was made up today.



posted on Sep, 30 2008 @ 06:26 PM
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Originally posted by Rockpuck
"this day would come?"

It was only a 7% drop.. most of which was made up today.


Yep. The Dow was up 485 points today, so considering yesterday's loss it's still down 293 points, but that's a far cry from the original 778 from closing yesterday.

In the words of Douglas Adams - "Don't Panic".



posted on Sep, 30 2008 @ 06:36 PM
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Originally posted by Rockpuck
"this day would come?"

It was only a 7% drop.. most of which was made up today.


That's why I couldn't understand how some people kept pointing out that we lost more by the drop than we would have in the bail-out. They should realize that it is expected for the market to go back up after it goes down, even if it usually takes a little longer to get back up.

edit - changed "very common", to "expected".


[edit on 9/30/2008 by Curious_Agnostic]



posted on Sep, 30 2008 @ 06:47 PM
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reply to post by uknumpty
 

Blame Bush first and blame him for everything, right? Actually you have to look no further that the democrats in control esp. Pelosi, Dodds and Frank who have been covering up the demise of Fannie and Freddie for years and refusing to propose legislation to deregulate banks and credit companies so they can solve the subprime problem themselves.

See the thread The Government did it! . Pretty simple really!

Peak oil? That has been refuted IMHO. Scare tactic.



posted on Sep, 30 2008 @ 07:25 PM
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Originally posted by Curious_Agnostic

Originally posted by Rockpuck
"this day would come?"

It was only a 7% drop.. most of which was made up today.


That's why I couldn't understand how some people kept pointing out that we lost more by the drop than we would have in the bail-out. They should realize that it is expected for the market to go back up after it goes down, even if it usually takes a little longer to get back up.

edit - changed "very common", to "expected".

[edit on 9/30/2008 by Curious_Agnostic]



Can you say scare tactics?



posted on Sep, 30 2008 @ 07:50 PM
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I just wonder if the bump today came more from folks looking for a deal, and the fact that many folks were off work due to holiday.

This ain't business as usual for sure. If the market gains tomorrow, without a bail out, I'll feel a lot better.



posted on Sep, 30 2008 @ 07:52 PM
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is he saying that it's a bad thing that the bailout didn't pass?

because...i kind of disagree...i don't think we need to be bailing anyone out.



posted on Sep, 30 2008 @ 07:58 PM
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reply to post by uknumpty
 


wow, talk about a drama queen



posted on Sep, 30 2008 @ 08:02 PM
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They are jerking the bailout around on it's chain to ratchet the economy down.

Down is the desired direction, by slowing the fall they may preserve the infrastructure and not need to play the "Force Majeure" card.


If they deploy troops to protect infrastructure then civilization has fallen, it is all over. We will all be employees of the war machine, or un-franchised aliens within our own nation.



posted on Sep, 30 2008 @ 08:05 PM
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I would have to disagree with the peek oil agenda. We have more oil reserves in Alaska than the middle east. Just ask Linsey Williams. Oil is control the same way diamond is control.



posted on Sep, 30 2008 @ 08:22 PM
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If he can predict things so well, which seems to be true, then he should have enough money to hire me to come protect him, a job for me, a Marine watchin over him...off to see if I can find his email address....



posted on Sep, 30 2008 @ 08:31 PM
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interesting..thanks for the link..

while I think this whole 'crisis' is odd in its orchestration and developments...that is I keep thinking there is something I'm missing..some power move or whatever, maybe this guy is onto something..will go back and read archives as well.

Not sure I agree with peak oil, maybe in the ME, but like the above mentioned there is still a ton of untapped oil around the world and some of this is to start drilling in the US again..namely Alaska.

Also..I work in the medical field, and like most, we are also largely dependent on medicare/medicaid. But I have not noticed anything along the lines of what is mentioned at the end of the linked article. I work pretty close with management and I think something that big would be noticed very quickly.

I will however keep my eyes open for anything...again, good post



posted on Sep, 30 2008 @ 08:35 PM
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In Toronto today, the National Post had a front page that was virtually all black (with white letters). This is the paper (founded by Conrad Black, now living in Florida at government expense) that is the voice of monied interests and predatory financial birds. They are taking these developments very seriously.

What bothers me most of all is the possibility that more and bigger war might be a follow up to a monumental capital write down in the US.

Imagine what a beehive of commercial activity the US would be if there were a push by the government to abandon old economic paradigms. If this could be done smoothly, the current financial mess would be limited to those who have stuck their necks out in ludicrous ways investing in "financial weapons of mass destruction."

Unfortunately the people with the most to lose in the current mess are the people who would have to play a central part in the paradigm shift. I don't think they are willing to cooperate in that. Also, there is nobody with vision to organise them. The US needs a Roosevelt-style "New Deal" to put a new energy infrastructure in place, but they don't need a war like the one that followed it.



posted on Sep, 30 2008 @ 08:52 PM
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not a scare tactic, it's a natural reaction.

The drop was worth about 1.2 trillion, however the stocks bounced back, credit markets are currently frozen..

Meaning unless you got a down payment and excellent credit.. no loan for you.

Same for businesses..

The BIGGEST worry right now.. is that companies that cannot extend their lines of credit will default on............

payrolls.





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