Sunday, March 30, 2008

Another Free energy Device

Anyone still not believing.

Wind Sail Generator

It's so simple an idea we wonder why nobody thought of it before?

Earth Sun Electric Battery

Makes perfect sense to us.

The Sun is positive, earth negative yet we rotate and have a north and south pole.

We have on earth the effects of the solar wind and the ionosphere is +ve - the ground -ve.

We have abundant energy people...

Friday, March 28, 2008

Overunity Tesla

At 1 minute 30 seconds (ish) it is stated the huge surge of power, well 'excess power' is their wording.

That's the radiant people.

Oh Joy, we will wake up and become adult when our schools teach this.


SMOKERS will have to hold a large piece of card over their face so they cannot look at the cigarette they are smoking, ministers said last night.

The 'smoking mask' will include a small mouth hole and a handle, though later models may be fitted with elasticated straps.

From next April, if smokers want to buy cigarettes they will have to uncover them during a day-long treasure hunt using a series of very difficult clues.

Under the new regulations the smokers will then have to store their cigarettes inside a large cereal box, which may or may not contain a cobra.

When they want to smoke they must position the cereal box on a table, strap on their smoking mask and then fumble around inside the box in the hope of finding a cigarette and not a large, venomous snake.

The mask will also carry a warning which reads: "Lighting a Cigarette While Wearing This Mask May Cause You to Set Fire to the Mask Instead of the Cigarette and Burn Your Face Off."

Health secretary, Alan Johnson, said: "If you can't see nicotine, it can't see you. And, as any scientist will tell you, if something can't see you, it has no way of knowing you exist."

But Tory backbencher Denys Finch-Hatton said: "The best way to make cigarettes attractive to children is to hide them in the woods as part of a day-long treasure hunt."

35 Watts Selfrunning Delay Line Motor Generator

Timothy Thrapp explaining his 35 Watts Selfrunning Delay Line Motor Generator.

Yes folks - self running...

Thursday, March 27, 2008


THE Financial Services Authority could be stripped of some of its regulatory powers after admitting it didn't know what a bank was.

The regulator said it bought a copy of the Oxford Dictionary of Finance and Banking off Amazon last summer after reading about the problems at Northern Rock, but was still on the introduction.

Hector Sants, the FSA chief executive, said it was 'quite dry' and 'a bit heavy-going in places' but that he hoped to have completed it before the end of the year.

Mr Sants said: "Did you know the first modern bank was founded in Genoa in 1406? Fascinating.

"A bank takes in spare money from people, which they called a deposit, and then gives it out to others as something called a loan.

"But some banks borrow a lot of money off other banks and then give this money out to people as well, who don't give it back to them, and then we have a stock market. Or something like that."

He added: "I can’t be doing with all this chip and pin either.

"I spent £200 in Tesco the other day, get to the till and put in the wrong bloomin' number. Again. It's very confusing.

"I offered to put all the stuff back but they wouldn't hear of it. They were really very nice."

how to make a Newman motor

OK so you wish for a little assistance on the motor...

Well just ask - the net is there to increase awareness of all things beautiful.

part 1

jumping to part 5

Wednesday, March 26, 2008


There is a strange thing going on...

Tom Cruise wants Psychiatry outlawed.

Paulson warns US house prices must plunge

The US Treasury Secretary gave warning today that there is more pain ahead in the American housing market after he said prices must be allowed to drop before the economy can stabilise.

It emerged yesterday that house prices in 20 US cities had declined by 10.7 per cent in the 12 months to January — the worst fall in more than 20 years.

Scientology: Wise Beard Man

There's obviously a history going on here...

As always be peaceful.

Warning over 'UK house price crash'

It has been claimed that the UK's economy could be heading for a sharp consumer slowdown similar to that seen in the United States if house prices continue to fall.

According to Capital Economics, the similarities between UK and US consumers are "disturbing", with the UK consumer sector suffering from the same build up of imbalances as in the US.

The group added that a key driver of the slump in the US had been falling house prices, which are now being seen in the UK too.

And it said that people in the UK are more indebted than those in the US, with total household debt now standing at the equivalent of 175% of household disposable income, compared with only 128% for Americans.

Capital Economics added that while household assets had risen more sharply in the UK than in the US, the UK's housing market appears even more vulnerable to a sharp correction.

The UK has not seen the big surge in sub-prime borrowing, under which lenders advance money to people who would be turned down by mainstream banks, while a lack of housing supply in the UK could also support house prices. But the group added that with UK mortgage lenders tightening their lending criteria, UK house prices are likely to follow US ones down, and could even fall more sharply.

Copyright © PA Business 2008

Tuesday, March 25, 2008

Financial Blues - Bohemian Rhapsody

Lifted this from another forum , Queen classic from mid 70's , it's especially for all the CDO & MBS dreamers who have recently seen there financial wizardry turn to dust ...................

Is this the real price?
Is this just fantasy?
Financial landslide
No escape from reality
Open your eyes
And look at your buys and see.
I'm now a poor boy
High-yielding casualty

Because I bought it high, watched it blow
Rating high, value low
Any way the Fed goes
Doesn't really matter to me, to me
Mama - just killed my fund
Quoted CDO's instead
Pulled the trigger, now it's dead
Mama - I had just begun
These CDO's have blown it all away
Mama - oooh I still wanna buy
I sometimes wish I'd never left Goldman at all.
I see a little silhouette of a Fed
Bernanke! Bernanke! Can you save the whole market?
Monolines and munis - very very frightening me!
Super senior, super senior
Super senior CDO - magnifico
I'm long of subprime, nobody loves me
He's long of subprime CDO fantasy
Spare the margin call you monstrous PB!
Easy come easy go, will you let me go?
Peloton! No - we will not let you go - let him go Peloton! We will not let you go - let him go Peloton! We will not let you go - let me go Will not let you go
- let me go (never) Never let you go - let me go Never let me go - ooo Oh mama mia, mama mia, mama mia let me go S&P had the devil put aside for me For me, for me, for me
So you think you can fund me and spit in my eye?
And then margin call me and leave me to die
Oh PB - can't do this to me PB Just gotta get out - just gotta get right outta here Ooh yeah, ooh yeah No price really matters No liquidity
Nothing really matters - no price really matters to me
Any way the Fed goes.....

Saturday, March 22, 2008

Newman Motor

Just Build it...

Help Our NYPD 9/11 Hero. DONATE NOW!

Absolutely Heart Wrenching.

Nobody said life was fair...

Please donate whatever you can to help our 911 NYPD Hero Kevin O'Connor. Give what you because can every little bit helps. Go to and DONATE NOW to the chip in under Kevin O'Conner.

Kevin O'Connor is in $17,000 in debt due to medical expenses, as Americans it is our duty to help our hero's in need. Kevin O'Connor sacrificed himself for this country on 9/11, not only being lied to about the air quality but now ignored by the government for assistance. We as the people of this country need to come forward and help any way we can, I ask you to donate whatever you can to help make a difference. If the government will ignore our 911 hero's it is our job as Americans to not forget those who sacrificed all.

Please on behalf of Kevin send this video to all congressmen and women and make them understand the importance of supporting H.R.3543. If your congressmen or women does not support the bill demand an explanation and email the details for future action.

Click here to see the summary text of The "James Zadroga 9/11 Health Compensation Act"

Thank You,

Luke Rudkowski

Friday, March 21, 2008

Rene Caisse. Essiac: Cancer Cure?

It seems many patients have been cured of diabetes and cancer using the 'Essiac' formula.

Wonderful stuff - we cannot imagine why the $trillion pharmaceutical industry is not using this herbal cure, or governments investigating this and empowering individuals.

part 1

part 2

part 3

part 4

Thursday, March 20, 2008

Sixteen of the biggest, fattest porkies

The top 16 big, fat lies de nos jours

1. Derivatives reduce volatility

2. The BRIC economies are decoupling

3. Inflation is 2 per cent

4. Greenspan was a maestro

5. The Chinese won’t let their market fall in Olympics year

6. (Junichiro) Koizumi reformed Japan

7. The Americans are devoted to free market solutions

8. The Swiss are prudent

9. The French are brilliant derivatives traders

10. The UK is suffering a housing shortage

11. Private equity funds add value to the companies they buy

12. The cap rate for real estate should be the government bond yield

13. Alastair Darling is in charge of the situation

14. Ben Bernanke is in charge of the situation 1

5. The G8 is in charge of the situation

16. Anyone is in charge of the situation

Wednesday, March 19, 2008

Bursting Bubbles of Government Deception

A well studies description of many issues surrounding personal law.

Robert-Arthur:Menard gives a seminar on The Illusion of the Person, what Words in Law mean, Consent, Acceptance, Honor & Dishonour, Bills ... all » of Exchange, and more!

This guy's good... and quite funny.

If the Law states the facts as Menard shows we can easily understand how Global Acts are bypassed Nationally and Internationally.

Tuesday, March 18, 2008

No money Down!!

The crisis still has a long way to go, according to investment guru Jim Rogers, a New York-based fund manager and former partner of George Soros who predicted the start of the commodities rally in 1999. "This was one of the biggest bubbles we've ever had in credit,'' he said.

"This is only time in world history when people were able to buy houses with no money down."

Cymatics - Bringing matter to life with sound

part 1

part 2

part 3

Anthrax Suspect Flowchart

Info shared from the site.

DNA - Pirates of the Sacred Spiral - Dr Horowitz

Dr Leonard Horrowitz discusses what our DNA might truly be for - and who has hidden this secret from us. Time to wake up.

Very interesting presentation discussing both positive and negative science surrounding the DNA spiral.

Frequency 528

According to Dr Len Horowitz some leading genetic bio chemist suggest frequency 528 is the miraculous repair frequency for damaged DNA.
There is a special sound and color of love according to Dr. Horowitz, a Harvard-trained award-winning investigator. Broadcasting the right frequency can help open your heart, prompt peace, and hasten healing. "We now know the love signal, 528 Hertz, is among the six core creative frequencies of the universe because math doesn't lie, the geometry of physical reality universally reflects this music; these findings have been independently derived, peer reviewed, and empirically validated," Dr. Horowitz says.

The Solfeggio Scale and note names;
1. UT...396 Hz (Center Pillar of the Tree) 2. RE...417 Hz (Left Pillar of the Tree)
3. MI...528 Hz (Right Pillar of the Tree) 4. FA...639 Hz (Center Pillar of the Tree) 5. SOL..741 Hz (Left Pillar of the Tree)
6. LA...852 Hz (Right Pillar of the Tree)

UT - 396 Hz -associated with releasing emotional patterns after: see RE-417Hz below.

RE - 417 Hz -associated with breaking up crystalized emotional patterns

MI - 528 Hz - relates to crown chakra; Dr. Puleo suggests an association with "DNA integrity" Transformation and Miracles

FA - 639 Hz - associated with whole brain quadrant interconnectedness. Connecting Relationships

SOL - 741 Hz - associated with intuitive states, non linear knowing. Awakening Intuition

LA - 852 Hz - associated with a pure love frequency: unconditional love and returning to Spiritual Order

The regular "C" that we all know of in this culture (which is from the diatonic scale of do, re, mi, fa, so, la, ti, do) is not the 528 Hz frequency "C.
A regular "C" vibrates at a frequency of 512 Hz.
The "C" of 528 Hz used for DNA repair is part of an ancient scale called the Solfeggio Scale. Dr Rife was another among the first to discover, how the frequency 528 strengthens the cell wall.

More to come on this topic we're sure as we study the information out there - interesting idea.

MBIA AMBAC Shares Tell the Future

...these two stocks fell 93 percent on average, in a matter of months….

The past few weeks have provided plenty of fireworks and sideshows on Wall Street, culminating yesterday with the news that the Fed served as the lender of last resort to Bear Stearns by financing JPMorgan Chase's purchase of the crippled securities firm. The Fed followed up today, March 18, by dropping its benchmark interest rate 3/4 of a percentage point to 2.25 percent. And the Dow shot up 420 points. But while these fireworks were going off, the sideshow of bond insurers, Ambac and MBIA, kept playing on. Bob Prechter sees an important story in the shape of the price charts of these two companies. In his latest Elliott Wave Theorist, he discusses how the action of their stocks offers a broad hint of what may come for many stocks as inflation gives way to a steep and rapid deflation. To learn how, click the link.

If banks can't get insurance for the debt business then money will be very hard to come by.

Monday, March 17, 2008

The Roman Housing Boom and Crash 33 AD

During the time of the Emperor Tiberius, 33AD - from Tacitus' Annals

In their dismay the senators, not one of whom was free from similar
guilt, threw themselves on the emperor's indulgence. He yielded, and a year and six months were granted, within which every one was to settle his private accounts conformably to the requirements of the law.
Hence followed a scarcity of money, a great shock being given to all credit, the current coin too, in consequence of the conviction of so many persons and the sale of their property, being locked up in the imperial treasury or the public exchequer. To meet this, the Senate had directed that every creditor should have two-thirds his capital secured on estates in Italy. Creditors however were suing for payment in full, and it was not respectable for persons when sued to break faith. So, at first, there were clamorous meetings and importunate entreaties; then noisy applications to the praetor'scourt. And the very device intended as a remedy, the sale and purchase
of estates, proved the contrary, as the usurers had hoarded up all their money for buying land. The facilities for selling were followed by a fall of prices, and the deeper a man was in debt, the more reluctantly did he part with his property, and many were utterly ruined. The destruction of private wealth precipitated the
fall of rank and reputation, till at last the emperor interposed his aid by distributing throughout the banks a hundred million sesterces, and allowing freedom to borrow without interest for three years, provided the borrower gave security to the State in land to double the amount. Credit was thus restored, and gradually private lenders were found. The purchase too of estates was not carried out
according to the letter of the Senate's decree, rigour at the outset, as usual with such matters, becoming negligence in the end.

From what I have been reading I gather this was caused by the end of a long building boom under Augustus, the Banks loaning had been investing their gains in land and property, but the huge building program work had dried up under Tiberius reducing the velocity and supply of money. Then and there was a sudden event, the enforcement of an existing law that required "cash backing for real estate loans" - I think the senate enforced the banks to hold more cash on deposit for their outstanding loans, it is not entirely clear. Anyway how ever it happened there was a sudden credit crisis and many banks and private investors were forced to liquidate assets in order to comply with the requirements at first and then to pay off loans to other institutions as they were called in - the property market crashed. Tiberius was forced to provide liquidity to the credit markets - 100 million sestercies is about £1.5 billion if such comparisons are possible.

It must have been a major event. Tactius and Suetonius both record it over 50 years after it took place, and Cassius Dio nearly 200 years. It all seems rather familiar.

And there was I trying to write an essay on the Roman Economy for my History BA.

Saturday, March 15, 2008

Cars to be taxed based on size of boot


ALISTAIR Darling has been described as 'the worst chancellor since the invention of numbers'. The pressure is on, but can he pull a rabbit out of his battered red hat? If so, will he then lose the rabbit? Or will the rabbit be appointed to the board of Northern Rock? And is this so-called rabbit domiciled in this country or not? Ladies and gentleman, all the way from Downing Street in London's fashionable West End, we give you THE BUDGET!

1230: Chancellor stands up
1231: Chancellor shits himself

1232: British economy like an injured greyhound, says Darling

1233: Curious expression plays across prime minister's face

1234: "Britain better than foreigners"

1240: JAM TAX! As expected chancellor drops jam bombshell. Sell jam now.

1241: "Jam companies have a responsibility to society"

1244: "18, 76,000, 14.6, a billion and twelve, 90," says chancellor

1248: Gordon Brown pushes chancellor out of the way and tells him he's 'doing it all wrong'.

1251: "Pruuuuuuudence! Pruuuuuuuudence!" shouts prime minister

1252: After short tussle, chancellor regains control of dispatch box

1254: Pledge to abolish poor children. 'They're so horrid' says chancellor

1257: "UK remains one of the best places in the world to do the business"

1259: Women told to stop being so lazy and get a job

1302: Free bricks to help young people onto housing ladder

1304: £10m million for plastic scissors

1306: Glasgow-London journey time reduced to 'less than two weeks'

1307: Caroline Flint bends over to pick up a pen

1309: Caroline Flint is now sucking on the pen. Go on.

1311: Tax on showrooms!

1318: Cars to be taxed based on size of boot

1320: Cigarettes to be sold from box full of cobras

1321: FUCKING HELL! 55p on a bottle of Scotch! What a prick!

1323: And he's giving it to the fucking pensioners!

1324: Chancellor sits down

1325: Chancellor shits himself. Again.



HEDGE funds have overtaken the Big Bang as the most important thing people know nothing about.

As a massive American hedge fund faces imminent collapse, millions of people across the globe have found themselves panicking without the faintest idea why.

Tom Logan, head of markets at Donnelly-McPartlin, said: "This fund was over-speculated in long-term, prime-reverse wide-money.

"It could be devastating or it could be utterly insignificant. Would you like to buy a Range Rover?"

Wayne Hayes, 42, from Chelmsford, said: "I was saying to Geoff, I said, 'Geoff mate, this is the big one'. And he's like, 'why?', and I'm like, 'if you don't know, there's no point in me trying to explain it you'."

Meanwhile Nikki Hollis, 33, from Doncaster said: "It couldn't have been very strong. Did they get it from Homebase? I hope they managed to get all the little birds nests out."

Professor Henry Brubaker, of the Institute for Studies, said the confusion over hedge funds had arisen because many ordinary people were buying the Economist, but then reading it upside down.

He added: "Essentially, hedge funds are used to buy commodities like rice, jam, stock cubes and the like.

"When the stock cubes reach the agreed 'hedging' level the shares are transformed into something called 'double-bonded, hard-edged gilts' which then take on one and a half times their initial value for a period of around six weeks.

"After six weeks the buyer, or 'goose', can then hand them back or sell them 'up the chain'. If, at that point, the value falls, you become a homeless crack addict."

Friday, March 14, 2008

The Truth about Inflation

...according to the Chancellor, one threat we don't have to concern ourselves with is the return of inflation.

As he said in his Budget, "we can be confident about the inflation outlook ... there will be no return to the inflation rates of the early 1990s".

His official forecasts bear out this optimism, showing a slight rise to a modest 2.5 per cent this year, falling back to around 2 per cent in 2009.

This year a typical family will be paying as much as £1,700 more for essentials such as food, water, council tax, petrol and mortgage payments than they were a year ago.

Gas and electricity prices have risen dramatically. Energywatch, the consumer watchdog, believes that the average household bill for fuel and power has risen to £1,020 - up £100 on a year ago.

Water bills went up £21, well above the rate of inflation.

Food prices across the board have risen by 6.6 per cent in the last year, with the cost of staple foods soaring even faster.

Milk is up 16 per cent on a year ago, bread up 14 per cent and butter 36 per cent.

One survey by the price comparison website found a 11.3 per cent increase in the price of 24 key items in the last year, equivalent to an increase of £580 a year for an average household.

Running a car has become far more expensive. The price of fuel rose nearly 20 per cent last year. According to the AA, a typical family with two petrol cars are paying £431 a year more in fuel costs.

Another hard-to-avoid expense which has gone up is the bill for servicing the mortgage. A family with an average £100,000 mortgage was up to £780 a year worse off in December than a year ago, thanks to increases in interest rates.

Council tax went up too, by an average of £66 last year. In total, just taking into account these largely unavoidable costs, the average English family is up to £1,700 a year worse off.

UK Recession Fears

Millions of British households face soaring mortgage rates and tumbling house prices after the global financial crisis triggered the near-collapse of one of the world's biggest banks.

Experts warned that there is now an increased likelihood of a recession and a painful housing slump, after Bear Stearns - America's fifth biggest bank - was forced to turn for emergency cash to the US Federal Reserve.

This has been on the cards for a while - it's ironically how banks make money and we are in perpetual debt - get it yet...

Here's some doublespeak from Economist.

Ironically, the intervention came a day after Standard & Poor’s, a rating agency, said that the worst of banks’ write-downs related to subprime mortgages—Bear’s biggest weakness—may soon be over. But if the extraordinary events of the past day demonstrate anything, it is that investment banks are black boxes, and what really matters is not what sits in them but what their counterparties fear may be lurking inside. If others find themselves in Bear’s awful predicament, there will be little the Fed can do to forestall a rout.

Finding Chords of Songs

There's a lot of P.C. musicians out there (us included) who work without a finer appreciation of music theory so check the link and search 'circle of fifths' we're sure this will help.

The circle of fifths was first described by Johann David Heinichen, in his 1728 treatise Der Generalbass in der Composition.

Just use the either / or of the adjoining chord radials and heh presto - you have 6 chord to play with in your song.

Thursday, March 13, 2008

Aphex Twin - Windowlicker

Sometimes things just can't be better...

The track is awesome - check the vid though - freaky.

Esoteric Agenda

A wonderful movie that opens ones eyes to the world.

There is an Esoteric Agenda behind every facet of life that was once believed to be disconnected. There is an Elite faction guiding most ... all » every Political, Economic, Social, Corporate, some Non-Governmental or even Anti-Establishment Organizations. This film uses the hard work and research of professionals in every field helping to expose this agenda put the future of this planet back into the hands of the people.

Wednesday, March 12, 2008

Robert Parry and Gary Webb - "Cocaine and the Contras"

Robert Parry ( and Gary Webb (Dark Alliance) address a crowd at the Midnight Special Bookstore in Santa Monica, CA, December 3, 1996.

part 1 of 4

part 2

part 3

guess what??? part 4

UK Mortgage Fraud

If you ever wondered why there is a problem with UK Household debt - look no further thatn this 2003 report from the money programme.

Undercover researchers from The Money Programme posing as first time buyers talked to advisers recommended by ten estate agents in Ealing, West London.

Nine encouraged them to take out self certified mortgages – where borrowers simply state their incomes and lenders promise not to check.

All nine advised the buyers they would have to lie about their true income to secure a larger mortgage, raising the amount which could be borrowed from around £150,000 to £220,000.

Where does this leave the honest ones amongst us?

Tuesday, March 11, 2008

How to solve a Rubik's Cube

If you ever wanted a tutorial on how to solve a rubiks cube, today is your lucky day.

And it's a lot easier that you'd think.

part 1

part 2

$516 trillion bubble is a disaster waiting to happen

Derivatives the new 'ticking bomb'

Buffett and Gross warn: $516 trillion bubble is a disaster waiting to happen.

ARROYO GRANDE, Calif. (MarketWatch) -- "Charlie and I believe Berkshire should be a fortress of financial strength" wrote Warren Buffett. That was five years before the subprime-credit meltdown.
"We try to be alert to any sort of mega-catastrophe risk, and that posture may make us unduly appreciative about the burgeoning quantities of long-term derivatives contracts and the massive amount of uncollateralized receivables that are growing alongside. In our view, however, derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal."

That warning was in Buffett's 2002 letter to Berkshire shareholders. He saw a future that many others chose to ignore. The Iraq war build-up was at a fever-pitch. The imagery of WMDs and a mushroom cloud fresh in his mind.
Also fresh on Buffett's mind: His acquisition of General Re four years earlier, about the time the Long-Term Capital Management hedge fund almost killed the global monetary system. How? This is crucial: LTCM nearly killed the system with a relatively small $5 billion trading loss. Peanuts compared with the hundreds of billions of dollars of subprime-credit write-offs now making Wall Street's big shots look like amateurs.
Buffett tried to sell off Gen Re's derivatives group. No buyers. Unwinding it was costly, but led to his warning that derivatives are a "financial weapon of mass destruction." That was 2002.
Derivatives bubble explodes five times bigger in five years
Wall Street didn't listen to Buffett. Derivatives grew into a massive bubble, from about $100 trillion to $516 trillion by 2007. The new derivatives bubble was fueled by five key economic and political trends:

Sarbanes-Oxley increased corporate disclosures and government oversight
Federal Reserve's cheap money policies created the subprime-housing boom
War budgets burdened the U.S. Treasury and future entitlements programs
Trade deficits with China and others destroyed the value of the U.S. dollar
Oil and commodity rich nations demanding equity payments rather than debt

In short, despite Buffett's clear warnings, a massive new derivatives bubble is driving the domestic and global economies, a bubble that continues growing today parallel with the subprime-credit meltdown triggering a bear-recession.
Data on the five-fold growth of derivatives to $516 trillion in five years comes from the most recent survey by the Bank of International Settlements, the world's clearinghouse for central banks in Basel, Switzerland. The BIS is like the cashier's window at a racetrack or casino, where you'd place a bet or cash in chips, except on a massive scale: BIS is where the U.S. settles trade imbalances with Saudi Arabia for all that oil we guzzle and gives China IOUs for the tainted drugs and lead-based toys we buy.
To grasp how significant this five-fold bubble increase is, let's put that $516 trillion in the context of some other domestic and international monetary data:

U.S. annual gross domestic product is about $15 trillion
U.S. money supply is also about $15 trillion
Current proposed U.S. federal budget is $3 trillion
U.S. government's maximum legal debt is $9 trillion
U.S. mutual fund companies manage about $12 trillion
World's GDPs for all nations is approximately $50 trillion
Unfunded Social Security and Medicare benefits $50 trillion to $65 trillion
Total value of the world's real estate is estimated at about $75 trillion
Total value of world's stock and bond markets is more than $100 trillion
BIS valuation of world's derivatives back in 2002 was about $100 trillion
BIS 2007 valuation of the world's derivatives is now a whopping $516 trillion

Moreover, the folks at BIS tell me their estimate of $516 trillion only includes "transactions in which a major private dealer (bank) is involved on at least one side of the transaction," but doesn't include private deals between two "non-reporting entities." They did, however, add that their reporting central banks estimate that the coverage of the survey is around 95% on average.
Also, keep in mind that while the $516 trillion "notional" value (maximum in case of a meltdown) of the deals is a good measure of the market's size, the 2007 BIS study notes that the $11 trillion "gross market values provides a more accurate measure of the scale of financial risk transfer taking place in derivatives markets."
Bubbles, domino effects and the 'bad 2%'
However, while that may be true as far as the parties to an individual deal, there are broader risks to the world's economies. Remember back in 1998 when LTCM's little $5 billion loss nearly brought down the world's banking system. That "domino effect" is now repeating many times over, straining the world's monetary, economic and political system as the subprime housing mess metastasizes, taking the U.S. stock market and the world economy down with it.
This cascading "domino effect" was brilliantly described in "The $300 Trillion Time Bomb: If Buffett can't figure out derivatives, can anybody?" published early last year in Portfolio magazine, a couple months before the subprime meltdown. Columnist Jesse Eisinger's $300 trillion figure came from an earlier study of the derivatives market as it was growing from $100 trillion to $516 trillion over five years. Eisinger concluded:
"There's nothing intrinsically scary about derivatives, except when the bad 2% blow up." Unfortunately, that "bad 2%" did blow up a few months afterwards, even as Bernanke and Paulson were assuring America that the subprime mess was "contained."
Bottom line: Little things leverage a heck of a big wallop. It only takes a little spark from a "bad 2% deal" to ignite this $516 trillion weapon of mass destruction. Think of this entire unregulated derivatives market like an unsecured, unpredictable nuclear bomb in a Pakistan stockpile. It's only a matter of time.
World's newest and biggest 'black market'
The fact is, derivatives have become the world's biggest "black market," exceeding the illicit traffic in stuff like arms, drugs, alcohol, gambling, cigarettes, stolen art and pirated movies. Why? Because like all black markets, derivatives are a perfect way of getting rich while avoiding taxes and government regulations. And in today's slowdown, plus a volatile global market, Wall Street knows derivatives remain a lucrative business.
Recently Pimco's bond fund king Bill Gross said "What we are witnessing is essentially the breakdown of our modern-day banking system, a complex of leveraged lending so hard to understand that Federal Reserve Chairman Ben Bernanke required a face-to-face refresher course from hedge fund managers in mid-August." In short, not only Warren Buffett, but Bond King Bill Gross, our Fed Chairman Ben Bernanke, the Treasury Secretary Henry Paulson and the rest of America's leaders can't "figure out" the world's $516 trillion derivatives.
Why? Gross says we are creating a new "shadow banking system." Derivatives are now not just risk management tools. As Gross and others see it, the real problem is that derivatives are now a new way of creating money outside the normal central bank liquidity rules. How? Because they're private contracts between two companies or institutions.
BIS is primarily a records-keeper, a toothless tiger that merely collects data giving a legitimacy and false sense of security to this chaotic "shadow banking system" that has become the world's biggest "black market."
That's crucial, folks. Why? Because central banks require reserves like stock brokers require margins, something backing up the transaction. Derivatives don't. They're not "real money." They're paper promises closer to "Monopoly" money than real U.S. dollars.
And it takes place outside normal business channels, out there in the "free market." That's the wonderful world of derivatives, and it's creating a massive bubble that could soon implode.
Comments? Yes, we want to hear your thoughts. Tell us what you think about derivatives: as "financial weapons of mass destruction;" as a "shadow banking system;" as a "black market;" as the next big bubble dangerously exposing us to that unpredictable "bad 2%."

Monday, March 10, 2008

Tesla Coil -- Energy from the Atmosphere

Collecting all those microwaves, radio waves, tv waves, electromagnetic radiation and brain waves from the atmosphere

9/11 Truth - EU Parliament - Feb. 26 2008

On Feb. 26th, 2008 9/11 Truth was discussed at the EU Parliament in Brussels. Seven MEPs and Mr. Fujita from the Japanese diet attended as ... Alle » well as many people from the 9/11 Truth movement, including Dr. David Griffin. MEP Chiesa from Italy was the host and co-producer of the 9/11 Truth documentary "Zero" which was also shown (but is not included in this video).

part 1.

part 2.

Sunday, March 9, 2008

Kiss my *@#%!

There's obviously some people out there that don't believe what they see.

If only they tried... it's not difficult people.

Bedini Motor Tests

Very interesting...

How to Charge an iPod using electrolytes and an onion

This guy is better than good... The onion / Gatorade battery. WTF

How to build a cell phone interceptor

It's not quite S.E.T.I. but it works.

How to Create a High-Def speaker for under a buck.

These guys are great

Grand Unified Field Theory: Nassim Haramein Pt.1

A nice radio interview asking deep questions and offering possible solutions to conventional science shortcomings.

Spider Goats

GM goat spins web based future.

A goat that produces spider's web protein is about to revolutionise the materials industry.

Stronger and more flexible than steel, spider silk offers a lightweight alternative to carbon fibre.

Up to now it has been impossible to produce "spider fibre" on a commercial scale. Unlike silk worms, spiders are too anti-social to farm successfully.

Now a Canadian company claims to be on the verge of producing unlimited quantities of spider silk - in goat's milk.

Using techniques similar to those used to produce Dolly the sheep, scientists at Nexia Biotechnologies in Quebec have bred goats with spider genes.

Bedini Motor (We've made one)

Yes folks we have put together the Bedini schematic - circuit, batteries, coil and wheel and as all patents should do - it does what it says.

This is a monumental moment for the Secret Teachings team and we'd like to thank Dave, Di, Ian, Michelle, Gary, Gaz and Steve for taking this seriously and keeping faith.

We are in a state of ecstasy folks.

Cristiano Ronaldo Laser Distraction Against Lyon

Cristiano Ronaldo Laser Distraction Against Lyon - Watch the top videos of the week here

Friday, March 7, 2008

Carlyle Group default

Property investment trusts shares have crashed on panic selling in New York after an affiliate of the private equity giant Carlyle Group fell into default on mortgage losses.

Carlyle Capital Corp (CCC) said it had missed margin calls to seven creditors and lacked collateral to cover its trading exposure to mortgage securities.

The news sent shockwaves through the financial markets. Carlyle Capital has leveraged itself to the hilt, taking out debt at a ratio of 32:1 to invest in the US mortgage assets. It held securities worth a $21.7bn (£10.8bn) last month, raising the spectre of distress sales on a scale large enough to trigger a cascade of liquidations by other funds.

Fears of forced sales ravaged real estate investment trusts, which also own big holdings of Fannie Mae and Freddie Mac debt. Anworth Mortgage shares plunged 24pc and Capstead Mortgage was off 25pc.

Carlyle has a debt ratio of 32:1 on their investments.

Their investments of £10.8bn are based on an investment of £337.5m.

Thursday, March 6, 2008

House Price Crash Statistical Lies

An interesting letter from a post.

Hi all,

I first posted on here a few months back now with a dilema about accepting a low offer on a property. Since then I've had something of a roller coaster experience so I thought I'd share it.

Started trying to sell a house for £240k in April last year. 2000 built 4 bed house in the East Midlands. That price was perhaps 2 to 5k above what others were asking for similar properties in the same area, but I was prepared to lower it if need be and my house had a nice aspect and was clean and tidy, with a few extras like a conservatory. Over the summer I had very little interest so I started to do three things. 1) Lower the price, by 5k at a time, until viewers and then offers arrived. 2) Sanatised the house, decorated (in magnolia), removed old furniture, put up neutral curtains, etc etc. It was show house central by the time I sold it, having spent about 2k and many many hours of my time. 3) I got a second agent on board. By the autumn I was asking for £200k and had one offer of £190k (the dilema offer). I accepted that, but then the buyer (BTL!) pulled out. Around then the media was starting to report the Northern Rock trouble so I was more desperate to sell than ever. By the end of Nov I'd had two offers - 195k from someone with an incomplete chain (and they still have the same incomplete chain right now) and another at 197k, a complete chain, but a FTB not wanting to actually complete until early Feb. Options weren't looking good.

I then contacted several "we buy your house right now" companies. (you know the ones!). Most offered me prices in the 170's, but one offered 185k. Add to that free legal fees and no agent fees and it pretty much matched the earlier accepted offer, so I grabbed it. Only later did I discover I was actually selling it for £240k with a 55k "discount". The RICS approved valuer arrived and confirmed that 240k was realistic and compared well with other prices in the area, and that was that - property sold at the end of Nov.

The current state is that the house is back on the market again, at £235k, with "no chain" written all over the adverts (but I never had a chain in the first place!). It's now empty, musty, and has weeds in the garden. The other properties I was comparing to have taken between 5k and 10k from their prices but are all still there - they weren't (aren't) as desperate to sell as I was.

But the thing I still haven't grasped is this. Why did the RICS valuer support the £240 valuation when I'd been trying to sell it at £200k up until the week before and hadn't sold it? And how does the company that bought it hope to make anything on it? And what price will be recorded at the land registry for the sale? I don't think I'v been duped (have I?) but I can see that the so called property stats on which everyone relies so much are a complete fabrication in my case. To value a property you have to look at sold prices or asking prices. My sold price isn't what it actually sold for, and asking prices are a long long way away from selling prices.

Comments invited!

Creating a Heart Attack- An Animal Study

In this video, Dr. David Holt, the leading U.S. physician in German New Medicine, explains that the conventional explanation for heart attacks may not be accurate at all. Conflicts involving territorial loss -- such as losing a family member, your home, or your financial stability -- cause changes in the coronary arteries of all animals -- including humans.

Wednesday, March 5, 2008

How to Build a Bedini Motor ... Part 1 and 2

As it says - you don't need to measure the machine itself - just the input - output battery / batteries???

Hope we haven't given you any clues there (???) - clues about conventional physics missing the point and / or government understanding this and pushing oil for what may be free.

Part 1.

Part 2.

2057 - The Body, The World, The City

Sorry peeps - no embedded HTML so here's the links.

The Body

The City

The World

Michio Kaku takes a look at future possibilities...

Educational videos about what scientists and technology developers have accomplished and plan to have accomplished by 2057.

Tuesday, March 4, 2008

What can you do in 15 seconds?

For the people of Sderot it's a matter of life or death. 15 seconds is all the time they have to find cover from the rockets launched daily from Gaza

Ben Griffin: Former SAS, Banned speech to Anti-War Rally

Cannibalism - West Africa

Monday, March 3, 2008

Annie Machon - Trial of Tony Blair

This clip shows part 1 of ex-MI5 Officer, Annie Machon speaking at a "Trial of Tony Blair". The trial was a fringe event at the Labour Party Spring Conference held in Manchester, UK on 12 March 2004--organised by the Stop the War Coalition.

Tony Blair was staying at the plush Midland Hotel in central Manchester less than a hundred yards from the hall where the trial took place. In between was a veritable army of police, armed officers from the Tactical Aid UNit (TAU), and the Special Branch (the UK's political police). Blair had of course been invited to the meeting to defend himself, but, curiously, declined to attend.

The case for the prosecution was presented by Chris Coverdale of Legal Action Against War (LAAW), former MI5 whistleblower David Shayler and his partner Annie Machon--also a former MI5 officer. Ghada Razuki of the Stop the War Coalition also spoke. They were followed by 40 witnesses from the floor who were given 1 minute each to speak. The meeting was presided over by a "judge" in full regalia including a superb wig. Two grinning statues of Blair also adorned the platform.

The jury--the people at the event--voted Blair gulity. The verdict was unanimous.

The "Trial of Tony Blair" was a fringe event at the Labour Party Spring Conference held in Manchester, UK on 12 March 2004--organised by the Stop the War Coaltion. Tony Blair was staying at the plush Midland Hotel less than a hundred yards from the hall where the trial took place. In between was a veritable army of police, armed officers, Tactical Aid Group and Special Branch (the UK's political police). Blair had of course been invited to the meeting to defend himself, but, curiously, declined to attend.

The case for the prosecution was presented by Chris Coverdale of Legal Action Against War (LAAW), former MI5 whistleblower David Shayler and his partner Annie Machon. Ghada Razuki of the Stop the War Coalition also spoke.

They were followed by 40 witnesses from the floor who were given 1 minute each to speak.

The meeting was presided over by a judge in full regalia including a superb wig. Two grinning statues of Blair also adorned the platform.

The jury--the people at the event--voted Blair gulity. The verdict was unanimous.

This video clip is also an excerpt from a 60 minute film about the Manchester Anti-War Movement 2001-5. It is available at:

Chris Coverdale - Belgravia police station

Mr Chris Coverdale from 'Make Wars History UK' outside Belgravia police station, London on the 20th December 2007, where he, Rob Little and Simon Moore delivered a 6 1/2 hour statement to specialist officers from the Metropolitan Police's war crimes unit.

For more information and to see how you can assist in the campaign to make wars history, please visit:

Make War History - Chris Coverdale, Annie Machon, John McDonnell

Blair Government under police investigation for war crimes.

Press Conference, Room C, 1 Parliament Street Tuesday 15th January 2008 3pm

John McDonnell MP, Chris Coverdale: International War Law ... all » Expert and Annie Machon of the Campaign to Make War History brief MPs and the media on allegations of war crimes committed against the people of Iraq by Britain's former Prime Minister and former Attorney General.

Officers from Scotland Yard have commenced a criminal investigation into the deaths of Iraqi citizens killed during the armed invasion and occupation of Iraq. The Metropolitan Police are acting in response to crimes reported by peace activists from We Are Change UK and The Campaign to Make War History. In an unprecedented step, the case was handed to the War Crimes division of the Counter Terrorism branch who are now investigating allegations of 14 criminal offences committed by Tony Blair, Lord Goldsmith and others. The offences are under the International Criminal Court Act 2001, which came into effect under English common law, just two days before 9/11.

Two Members of We Are Change UK and a representative from the Campaign to Make War History were interviewed for six hours at Belgravia Police station on the 20th December 2007. Evidence was provided to the police relating to the crimes of:-

• genocide, crimes against humanity, war crimes and conduct ancillary to these crimes under Sections 51 and 52 of The International Criminal Court Act 2001. • a crime against peace and complicity in a crime against peace under Articles 6 and 7 of The Nuremburg Principles. • murder, incitement to murder and conspiracy to murder under the Offences Against the Person Act 1861. • conspiracy to commit genocide, a crime against humanity and war crimes under the Criminal Law Act 1977.

For more information, please contact: