-Caveat Lector- from: http://members.wbs.net/homepages/b/e/l/bellfire/sting.html <A HREF="http://members.wbs.net/homepages/b/e/l/bellfire/sting.html">The Jeff Baker Report</A> ----- As is. As always, . . . Om K ----- Hi guys, this is something a came across. It's kind-of long but gripping. Read it, you'll be sure to eat it up. PS-The spacing's a bit funky because I addapted this from a E-mail that was E-mailed to me Shortwave broadcast transcript of 5/8/98 Its just me and Dust Mop the Wonder Dog tonight. The rest of the crew has deserted us here, but we are persevering... We have got a program for you, tonight, that is about an extremely good article . One of the people who contributes a lot of (ahead of the curve) information for this show; I do not know if she actually knows how much her information contributions are used in this shows programming... But Angie Carlson sends me a lot of �stuff� and sometimes she sends me �stuff� (information) that is so hard hitting that it just about blows me away... The following information comes from �Angie�. She gets up to date information from many sources and then filters through it before sending it to me. She wrote; The following article was faxed to me and is transcribed for your information with permission. It is part of a series, of previously mentioned , that I would present from various newsletters world wide. In my humble opinion, the following data is most worthy of serious reflection and understanding given the related and present volatile economic conditions.... Now, that is what Angie wrote. She translated the following information from a fax that was very hard for her to read. She went to a lot of work to get this information to me. I want to share this information with you along with a number of other insights; So, I am going to be doing some reading and some commentary. Please stay with me and you will see the whole picture before it is done... This information is about �the sting�, and I am reading here. This information is about �the sting� that will smash the great bull market. This is about the sting that will derail the gravy train... The �sting� is already in place and its trigger has been pulled... The �sting� merely has to unfold. The American public suspects nothing. The �sting� is a confidence game to which a victim is deliberately set up that �he� cannot lose. That �he� has a birds nest on the ground. Then, at last, the �trap� is sprung and �his� dreams of riches turns to rags. This �sting� was made in Japan... with a strong �assist� from Switzerland. To get a better idea of the �Swiss Connection�, we have to look for the Bank for International Settlements... The �BIS�, in Basil, Switzerland. The BIS is the Central Banks� central bank. It was formed in 1930 to handle a collection of German war debts following World War II. Its members are the Central Bank of the Industrial World , such as the Bank of England, the German 'Vendues' Bank, The Federal Reserve Bank, The Bank of Japan and so on. Never once has it ever had to ask for help from any government. A definite �relationship� exists between �THE BANK� (BIS) and The United States (government). This goes back to the 'Bretton Woods Conference� of 1944, held to set up the machinery to resume �World Business� after World War II. This �conference� established the gold backed U.S. �dollar� as the Reserve Currency. The �U.S. government� did everything it could to torpedo the BIS and give sole power to the U.S. sponsored International Monetary Fund (IMF), the �lender� of last resort to �collapsed nations� economies. The �War� was not over in 1944, but the combatants still got together and defeated this �U.S. grab�. In the final showdown, the Europeans and Japan never completely trusted the �U.S. government�. As the years went by... By the way, it was the Germans and the Europeans and Japan that got together to stop the �U.S.� grab, during the time that World War was still going on... Folks, during the �time� that the War was going on, �Germany�, �Japan� and �England� got together to �stop� the �U.S.� grab... and, �Switzerland�, a neutral country, was also involved. In the final showdown, the �Europeans� and �Japanese� never completely trusted the �U.S.� government... As the years went by, the �BIS� suspicions were justified. The �U.S.� began to abuse its �Reserve Currency Role� by simply printing �dollars�... Going off of the gold standard and �printing money� on �thin air� counterfeit currency. At the same time, American companies began to buy control of businesses all over the world at rock bottom prices, mostly after created collapses of different nations economies. In 1971, President Nixon took the �dollar� off of the Gold Standard and �introduced� the novel idea of floating currency... Deregulated with interest rates allowed to rise and fall at the �will� (whim) of the Federal Reserve... Meanwhile, the U.S. �federal debt� to increase (compounding interest) each year until now the �offical� debt stands in excess of $5,500,000,000,000.00... an astronomical amount of money that can never, ever be repaid. It was clear to the rest of the world that the �U.S.� was out of control. Now, along about 1972 I, (the author of this writing), began to spend a great deal of time and effort in studying the BIS and its agenda. The first fact I found was although the U.S. had �turned� its back on �gold� the BIS was aggressively buying gold. By the 1990�s, the BIS was by far the largest holder of �gold� , holding more than One Billion Ounces of �gold�. By the way, the �BIS� is the European Illuminati... The next fact I learned is that the �BIS� is extremely closed mouth, it keeps a low profile and its favorite method is the sneak attack. They have their own word for this, coup. The ideal �coup� is one in which the victim is taken by complete surprise and does not even know �what hit him�... The BIS tries to leave no fingerprints; Thus, the coup often becomes the perfect crime. The third fact I learned about the BIS was that �it� had two iron clad objectives. Both were so bold that they would take your breath away. First; To destroy the Soviet Union as a threat to World Peace... Second; To destroy the �U.S. dollar� as the Worlds Reserve Currency... We all know that the Soviet Union collapsed in 1989. This was done by the BIS without firing a shot. The BIS simply �loaned� large sums of money to the Soviet Union... then �called� the loans �due�... Just a �routine� castration. A typical foreclosure. This is how the BIS got the �Russian gold�. The second �goal�, to bring down the �U.S. dollar� as a �reserve� currency has not yet been reached, but I believe it �soon� will be... This brings us to the present �sting� operation... Now, notice what �he� said; They brought down the Soviet economy... Now, why was the (previous) Soviet �economy� so important to the �U.S.� Illuminati...? The Soviet �economy� was the counter point... The �counter point� to �U.S.� Power... Why? ...Because �munitions� is the largest �business� in the world! That, (munitions sales), created most of the �wealth� for the United States Selling �arms�, back and forth, to the Allies and to everyone else in between. By bringing �down� that Russian economy we no longer have that �point� 'counterpoint'... The BIS brought �down� the Russian economy. Why do you think that the U.S. government is so interested in shoving so much �money� over to the �dreaded enemy'? Not because �we� suddenly �loved� �them�, but the �U.S. government� has to keep that economy afloat... �We� have to, too much rests on it! We cannot let the BIS win that round... but, �they� have. The �European� illuminati has collapsed the Soviet �Empire�! If �you� are planning on derailing the �U.S. dollar�, the great �bull market�, you better bring a pretty BIG �check book� to the table! The new money running into the mutual Funds is running about $20 Billion per month. Unless you can top that kind of �buying pressure� you do not have a chance. How in the world do you shoot down an �animal� that big and that powerful...? In my opinion, the BIS and its �Japanese� Partners have come up with an ingenious answer. Its big enough to work! It goes like this: The �sting� began two years ago in August 1995; Then, a rash of bad loans and insider scandals brought the �Japanese� to their knees. The BIS became �alarmed� and advised the �Japanese� banks to LOWER their lending rates to one /half percent (.5%). This has created an enormous gap between the low �Japanese� rates (.5%) and the six and one half percent (6.5%) Federal Reserve/U.S. interest rates. Into this great gap poured speculators from �Japan� and elsewhere. The speculators would borrow �yen� in huge amounts; They would then �sell� the �yen� and put these proceeds into U.S. �paper�... Treasury Bills; Thus, making an enormous, �Federal Reserve�/�Government�, guaranteed return! By the way, a little foot note here, (not the authors� writing), but my speculation; Not only are these speculators making a huge �return�, but �they� were lulling the �U.S. government� into a false sense of security because these speculators were buying up the U.S. debt! Now, the U.S. government can continue to go into �debt� like there was no tomorrow... Why, because these �Japanese� speculators have been buying up the debt! This activity became to be known as the �Yen carry Trade�. This �Yen carry Trade� has been going on for over two years in a virtual unlimited volume... It created a huge demand for �U.S.� Bonds, which in turn sustained a huge unprecedented �bull market� in stocks. In 1998, Seventy Million �Americans� are also drawn into being �invested� in stocks and Mutual Funds... In similar fashion, the �Japanese� and �other investors� found that �they� could do the same �thing� with gold... and; this came to be known as the �Gold carry Trade�. The �speculators� could borrow �gold� at one percent, sell the �gold� and invest their proceeds in �U.S.� paper with a huge guaranteed return... How delightful, but how lethal! I say lethal because this �Yen carry Gold carry� ponzi scheme has created a potential �short squeeze� of colossal magnitude. Sooner than later, these fantastically leveraged schemes must be unwound. The gold and the Yen, which we �borrowed against� and sold �short� will have to be brought back... and, the Bonds that were bought with borrowed money will have to be sold. The total amount of money involved will exceed a Trillion Dollars! ...Or, far beyond all of the Mutual Funds yearly �take�! ANYTHING COULD TRIGGER THE COLLAPSE... As long as gold keeps going �down� or the �Yen� keeps going �down�, no problem. As long as Bonds keep going up, no problem... But, when �gold� and/or the �Yen� starts to rise or Bonds start to �fall� these huge positions will be unwound. It will be a �run� for the exit and the panic will feed on itself. Margin calls would ruin the speculator in short order. There would be no way to stop the carnage. It will take a �coup� to start the �waterfall�, (�run�). ...We had the �coup� on January 24, 1997, though it was vaguely understood at the time. The Japanese Prime Minister , �Rikaro Hashimoto�, held a luncheon meeting at Columbia University; (quote) I hope that the U.S. will engage in efforts and with cooperation, maintain exchanged stability so that we will not succumb to the temptation to �sell off� U.S. Treasury Bills and switch other funds to �gold�... In a matter of minutes, the New York Stock Exchange started to collapse and the Dow Jones closed down 192 points during a �mini panic�. The �victims� saw �the trap� for the first time! Then, the media and Wall Street fell all over themselves trying to control the damage by saying Hashimoto was misquoted, etc., etc.,.... The various exchanges staged a desperate �anti-gold� raid and soon had �gold� down to 12 year �lows�. The �street� breathed a sigh of relief and returned to a summer time fiesta, but the �damage� was done. Now, look at the mess that confronts the �big-time� gamblers. We now have �gold� at new lows and Bonds at new highs... Surely, this is a speculators dream come true! Well, isn�t it? The �Yen carry� and the �Gold carry� are still in place... but, 'they� still have to be unwound. The temptation that �Ha shimoto� mentioned now becomes unbearable. The �Japanese� and �other� investors cannot resist the temptation to �sell� their Bonds near their highs or the chance to �buy� gold at near its lows... Can you imagines that the Bonds will stay high or the gold will stay low... ABSOLUTELY NO WAY!!! When the �unwinding� begins it will feed on itself and the 5000 Mutual Funds and all of their friends will be unable to do a single thing to stop it... That is what is meant by �the sting�... I have no idea �if� Mr.�Hashimoto� was acting on his own or if his words were a part of a larger plan. I know one thing, though, this guy is no innocent �babe in the woods�! Before he became the Prime Minister he was Japans Finance Minister. He knows the ropes. He knew all about the �Yen carry� and the �Gold carry�... He was telling his people that the game was over. ...Another thought; The Japanese could acquire �gold� in a different way. They could �sell� U.S.� Bonds and BUY the European Monetary Unit (EMU), available January 1, 1999. This is the NEW European currency that the BIS is sponsoring TO REPLACE THE �DOLLAR�! The EMU is expected to be a package combination of gold and paper. So, there you have the anatomy of the greatest �sting� in history. It is real! It is in place and it cannot be stopped! It can only feed on itself and get more and more desperate as the �shorts� are squeezed to death. Best of all, for the BIS, the fingerprints on the �sting� are not �Swiss�, they are Japanese. Call this the �Karate Chop� ... Think about this and call me with your reaction... Folks, do you get the idea on what is happening here...? �They� are about to pull the �plug� on the U.S. and Japanese economy... This is European �Illuminism� verses �U.S.� Illuminism. �U.S.� Illuminism is going to lose this battle. The �sting� will work! Lets review some of the ��key points� here: First, we see that �gold� has to stay �low� and Bonds have to stay �high�. We have been speculating as to why �gold� has been kept so artificially �low�. We thought that mostly that average American people could not afford to get into �gold� as long as gold prices were pushed low you and I do not want to buy it. Well, we found out that this was only half the reason... The other half of the reason is that if gold starts rising the ponzi scheme ends and the U.S. �dollar� collapses. Do you now understand what is going on here??? The �European Illuminati� verses the U.S. Illuminati... And, I can tell you right now that, prophetically, that the �U.S.� Illuminati will lose! The U.S. (America) will be completely destroyed. it will start with �financial� chaos. Now, remember, all �they� want to do, (according to the BIS), is to bring �down� the U.S. �dollar� as the �reserve currency� of the world. �They� want to loot and pillage and make themselves, their organization, in �control� ; BUT, what they do by accident is to completely destroy the U.S. economy so that it no longer exists. It will be gone... nonexistent... The �trigger� has already been pulled... It is now unstoppable. There is no way out of the mess. That means that right now you need to make two phone calls right now; First , get precious metals (coins) and Second, get food for your family put away... NOW! There is no way around it, the �trigger� has been pulled! There is NO WAY for the U.S. economy to survive this event! Remember, I told you in previous programs that America will go into a period of deflation so that you CANNOT get out of debt. When, what happens after the deflation, the U.S. government HAS TO ROLL OVER THE DEBT THIS FALL ... The debt CANNOT BE �ROLLED OVER� because the �Japanese� investor CANNOT BUY IT ANYMORE... The �Europeans� DO NOT WANT TO BUY IT ... Why? ...Because the �Europeans� want the new �EU currency� to be in charge! This new currency is a GOLD BASED currency. If you are in the stock market, if you are in �U.S. dollars�; GET OUT, NOW! Get into FOOD, get into �METAL�! You have got to make �the move� NOW! You cannot wait! This is no longer an insurance policy. Folks, the �Titanic� has been �struck� and is sinking! You either get into the lifeboat with Food and with gold and silver, now; Or, you will drown in the �icy� waters just mere �moments� ahead! There is no in-between... No last minute rescue... You need to prepare NOW! The �trigger� has been pulled. The �BIS�, the �European Illuminati, is about to pull the �rest of the �string�. They have already destroyed the Soviet Union and now they are about to deal the death blow to the U.S. �dollar�, the reserve currency of the world. ...But, the Old Testiment book of Amos tells us that when �they� do �it� literally all �hell breaks loose� in Babylon. Isaiah 47 tells us that when �they� pull �the string� on the economy thinking to loot and pillage, but instead it completely destroys the economy and instead �they� walk back to their own places each shaking their head thinking How did it go so far...? The Great �Bull� Market is about to be butchered, folks... It is NOT going to be a �Bear� Market, but rather a �Dead Market�, gone... In short, in all of the �positions� for both the Yen and for Gold, CANNOT BE MET! When �gold� prices start to increase the �short� positions are in trouble... They simply CANNOT cover the margin! They CANNOT cover the margins on the �Yen�! THIS FALL, WHEN THE U.S. GOVERNMENT HAS TO ROLL OVER THE FEDERAL DEBT, THE JAPANESE INVESTORS ARE NOT ONLY NOT GOING TO BUY THE U.S. DEBT THEY ARE INSTEAD GOING TO BE �SELLING� U.S. �PAPER�... THEY WILL HAVE TO! ...THEY ARE ALL BROKE!! ...And who gets the �blame� for this problem: The �Japanese� get the blame for it while the European Illumaniti (Swiss) lap up all the �gravy� (gold)! This is what is going to happen folks! It is coming like a freight train at full throttle while �America� is tied to the �tracks�! If you have not yet put food and �metal� away DO IT NOW!!! . ..Or, starve to death with �millions� of other people! We need an understanding if we are to minimize the chances that �we� will experience a systematic disruption beyond our degree of comprehension or our ability to respond effectively.... Alan Greenspan, talking about the Global Financial Infrastructure, May 7, 1998. He said, IF WE DO NOT WANT A COLLAPSE BEYOND ANYTHING WE CAN EVEN NOW COMPREHEND WE HAVE GOT TO MAKE CHANGES... Well, Alan, its already too late! You have been out smarted and out maneuvered by the European Illuminati. It is over! Greenspan, again; We are interacting every day with an emerging new international financial structure with great potential for facilitating the creation of wealth and rising standards of living. Our understanding of the �new system� continues to improve as does our ability to gauge and manage skills. Still, the �new system� will doubtless at times appear to be threatening and unstable, but this is the price for progress. In my judgment, at the end of the day, it will be a price well worth paying.... Folks, THIS IS �CODE�! He is telling the �insiders� that it is already too late! Yes, he is trying to put a face on it for the general public, but he is telling the rest of the insiders Its too late, �they� have got us!. Specifically, ...We need such an understanding if we are to minimize the chances that �we� will experience a systematic disruption beyond our degree of comprehension or our ability to respond effectively.... It has ALREADY HAPPENED (�STARTED�) FOLKS! In his lengthy speech, Greenspan reveals NOTHING of the already in excess of ONE HUNDRED TRILLION �DOLLAR� COLOSSAL RISK TO WORLD SECURITY IN INTERNATIONAL DERIVATIVES TRADING. Mr. Greenspan mentions nothing of the serious threat to Wealth and rising standards of living in the �Global Economy�, OR, �how� it will seriously be effected by the present creation of the MEGA MERGERS and/or different COMBINATIONS OF COMMERCIAL BANKS, INVESTMENT BANKING AND INSURANCE... The head of the Federal Reserve says nothing of the GROSS ABUSE OF THE BANKING LAWS... The �Glass-Spegial Act� of 1933, passed into Law after the 1929 Stock Market Crash, FORBIDS these kinds of BANK MERGERS EXPLICITLY! The �Glass-Spegial Act� of 1933 was intended to weaken the powers of �monopoly-banking� and imposed divisions between �combinations�... So much for loyalty to �law�! But, an interesting speech, nevertheless! Greenspans �oily� jargon and feigned optimism does not mask his concern or warnings through his prepared analysis. ...In my judgment, at the end of the �day� it will be a price well worth paying!. What is HAPPENING folks? Why are the BIG BANKS in the U.S. being ALLOWED TO MERGE when it is specifically against the �law� for �them� to do so? BECAUSE, IT IS THE ONLY HOPE �THEY� SEE OF STOPPING THE �PLAN� OF THIS �BIS�... BUT, IT CANNOT BE STOPPED... IT IS TOO FAR ALONG, THE DEBT IS TOO DEEP, THE TRIGGER HAS BEEN PULLED!!! Do you now begin to see why major Stock Brokerage Firms are NOW telling their corporate clients to get out of the �market� and get into BONDS! Remember what �they� said, Bonds have to stay �high�, the Yen has to stay �low� and Gold has to stay �low�... �IF� (WHEN) the Yen starts rising and (WHEN) Gold starts rising and (WHEN) Bonds start �falling� the �END� IS INEVITABLE! That is why Brokerage Houses are NOW contacting their corporate clients and telling �them� to GET OUT OF THE STOCK MARKET NOW AND GET INTO BONDS! �They� have to consume �the paper� that the �Japanese� are ABOUT TO START �DUMPING� ON THE MARKET! When 'Shearson and Lieman� start telling corporate clients Start buying Bonds, there is a reason for it! They are not thinking of their corporate clients... They have been given �the word�, Bonds are about to �hit� the market, you have got to buy them up... Meanwhile, �we� are sending �our� agents over seas to try and stop Britain from going into the �EU�. We are trying desperately to stop it. If Britain �joins� , if �they� actually go into the �union�... That is why �Tony Blairs� election was so important , because he said that he would do �it�, (join �Britian� to the �union�)... That is why �they� pulled all the �strings� in Europe to get him elected ! That is why �they� called him another �Bill Clinton�; because �if� he brings Britain into the EU it is all over for the �U.S.� economy... The �death blow�... This report from international news from electronic telegraph; THURSDAY, MAY 7, 1998, issue #1077, Kissinger in Euro �Warning� by Christopher Lockwood, Diplomatic Editor, Germans Blames Blair for Brussels Bank Debacle. Britain should not rush in to join the single currency, but first should insure that the European Union develops an open trading and strategic relationship with America, said the former Secretary of State; Mr. Kissinger said last night, speaking from New York said that an �i nward looking Europe� built according to the French model as opposed to the more outward �Atlantic version�, favored by the British would imperil transatlantic relations and create a dangerous power vacuum.... Why would it create a power vacuum...? Because it would break the financial back of the United States! So, �we� have old man �Hank� (Henry Kissinger) over there� trying to stop this whole thing! Henry said, ...Britain should stay open to �Europe� and leave open the possibility of joining the EMU later , adding that many of his fears about the likely course that the New Europe might take would be a-swayed if the Atlantic relationship was regarded as a priority of EU policy... Mr. Kissinger argued that The economic stresses of a more integrated Europe would drive the EMU toward political union or toward political disintegration. Should monetary union disintegrate the Europe resulting from the collapse will be extremely left or extremely right wing or a combination of the two. Mr. Kissinger is the second prominent American to give warnings of the profound dangers posed by the coming single, (gold based), EU currency. Last month, Neut Gingrich, Speaker of the House of Representatives, described the monetary union as an extraordinary gamble which posed staggering problems that Europe's immature political institution might not be able to solve. Mr. Kissinger says, America must bear its share of the responsibility for the stresses in the Transatlantic relationship since the end of the Cold War American policy has been moving between indifference and imperious.... Ok, folks, do you understand what I just read? They got Henry Kissinger and Newt Gingrich, both New World Officinatos, trying to tell the �Brits� don�t jump into the EU too fast... �If� you do you could cave in the American economy. �If� you do that, there will be a power vacuum formed... In other words, you will destroy the United States as a Military and Economic Power... If indeed that happens, a vacuum will form, no vacuum remains a vacuum, something always rushes in to fill the void. little do they know that they are speaking Bible prophecy... This is EXACTLY WHAT WILL HAPPEN: The EU is going to come together, its 'economy' will destroy the U.S. �dollar�, it is going to destroy the U.S. economy, when it does it is going to destroy the U.S. Military might, when the U.S. Military is destroyed, then the �armies from the North� (as Scripture says) are going to rush in to fill that void... All of this is coming right together to fulfill Bible Prophecy... There is NO WAY to avoid it! Only a complete fool cannot see it at this point in time! All of it is about to be fulfilled... The U.S. �dollar� is about to be caved in, our economy is about to be caved-in, our military is about to be subject to �cyber-attacks�... We talked about this last week because of the �Y2K� computer problem... In addition, we have a military that has been severely weakened and polarized by our president... Take this all into consideration with Bible Prophecy when the Lord said that He will judge �Babylon� as He has never judged any Nation on the face of the earth. �Babylon� will be so utterly destroyed that not one man, woman, child or beast will be left alive in the land... Can you see this scenario playing out??? And, if that was not bad enough, even good news is bad news foy the U.S. Stock Market! Let me tell you about the �10,000 mark� danger that computer experts warn �could also happen� to the stock market! In other words, if the Stock Market breaks through the �10,000� level, that it could also �crash� the New York Stock Exchange�s computer... The computers could interpret the movement about �10,000� as a �catastrophic crash�..., A consulting firm has warned that trading Organizations face potential massive exposure if the Dow Jones Industrial Average passes �10,000� their computer system read this as �1000�, or �0,000�, according to the Garner Group, in a recent study. You see, no matter which way we turn, we are trapped. Why are we trapped, because the Lord said that He was going to destroy �Babylon�. You cannot get away from this! In my previous predictions for 1998, based upon impeccable data, I told you that we would see a rash of killer tornadoes and �bad/destructive� weather. We have seen that. We have talked about a number of other things that we said were going to happen... point after point, going right down the list have already happened. Now, you can see the financial �overview� analysis, that we have warned you about for so long, now coming into play! The destruction of the U.S. economy. How do we know for sure... its Bible Prophecy! Folks, when it does happen, when the computers are gone, when the �dollar� caves in, when the welfare �checks� stop, when the food distribution programs break down, when the trucks are not hauling any longer... WHAT ARE YOU GOING TO DO??? ...You had better prepare NOW!!! You will either starve to death, you will become a thief; Or, if you have made preparations, by the grace of God, you may survive... I recommend at least a three year supply of food for everyone in your family. Also, acquire at least three years supply of non-hybred seeds... DO IT NOW!!! ----- Aloha, He'Ping, Om, Shalom, Salaam. Em Hotep, Peace Be, Omnia Bona Bonis, All My Relations. Adieu, Adios, Aloha. Amen. Roads End Kris DECLARATION & DISCLAIMER ========== CTRL is a discussion and informational exchange list. 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