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IT HAS STARTED! Wealth Confiscation Is Now Starting To Happen All Over The Globe

August 08, 2018, 02:38:10 am suzytr says: Hello, any good churches in the Sacto, CA area, also looking in Reno NV, thanks in advance and God Bless you Smiley
January 29, 2018, 01:21:57 am Christian40 says: It will be interesting to see what happens this year Israel being 70 years as a modern nation may 14 2018
October 17, 2017, 01:25:20 am Christian40 says: It is good to type Mark is here again!  Smiley
October 16, 2017, 03:28:18 am Christian40 says: anyone else thinking that time is accelerating now? it seems im doing days in shorter time now is time being affected in some way?
September 24, 2017, 10:45:16 pm Psalm 51:17 says: The specific rule pertaining to the national anthem is found on pages A62-63 of the league rulebook. It states: “The National Anthem must be played prior to every NFL game, and all players must be on the sideline for the National Anthem. “During the National Anthem, players on the field and bench area should stand at attention, face the flag, hold helmets in their left hand, and refrain from talking. The home team should ensure that the American flag is in good condition. It should be pointed out to players and coaches that we continue to be judged by the public in this area of respect for the flag and our country. Failure to be on the field by the start of the National Anthem may result in discipline, such as fines, suspensions, and/or the forfeiture of draft choice(s) for violations of the above, including first offenses.”
September 20, 2017, 04:32:32 am Christian40 says: "The most popular Hepatitis B vaccine is nothing short of a witch’s brew including aluminum, formaldehyde, yeast, amino acids, and soy. Aluminum is a known neurotoxin that destroys cellular metabolism and function. Hundreds of studies link to the ravaging effects of aluminum. The other proteins and formaldehyde serve to activate the immune system and open up the blood-brain barrier. This is NOT a good thing."
September 19, 2017, 03:59:21 am Christian40 says: bbc international did a video about there street preaching they are good witnesses
September 14, 2017, 08:06:04 am Psalm 51:17 says: bro Mark Hunter on YT has some good, edifying stuff too.
September 14, 2017, 04:31:26 am Christian40 says: i have thought that i'm reaping from past sins then my life has been impacted in ways from having non believers in my ancestry.
September 11, 2017, 06:59:33 am Psalm 51:17 says: The law of reaping and sowing. It's amazing how God's mercy and longsuffering has hovered over America so long. (ie, the infrastructure is very bad here b/c for many years, they were grossly underspent on. 1st Tim 6:10, the god of materialism has its roots firmly in the West) And remember once upon a time ago when shacking up b/w straight couples drew shock awe?

Exodus 20:5  Thou shalt not bow down thyself to them, nor serve them: for I the LORD thy God am a jealous God, visiting the iniquity of the fathers upon the children unto the third and fourth generation of them that hate me;
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Author Topic: IT HAS STARTED! Wealth Confiscation Is Now Starting To Happen All Over The Globe  (Read 2248 times)
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« on: February 05, 2014, 07:48:11 am »

Money Confiscation And Martial Law Unavoidable In US At This Point

The wave of capital destruction which many have been warning about for the last few years, is now breaking like a tsunami,Poland, Ireland (also here), Spain, Germany (and here), and the rest of the Euro-zone (and here) are being inundated with failures and the overhang of immediate risk is effectively unsurvivable for the currency union, at this point.

The US is actually in just as acute and critical a fiscal and economic predicament – The “Federal Reserve” is out of functional options (save for outright confiscation) as Bloomberg reported in July 2010: delve deeper, and you will find that the IMF has effectively pronounced the U.S. bankrupt. Section 6 of the July 2010Selected Issues Paper says: “The U.S. fiscal gap associated with today’s federal fiscal policy is huge for plausible discount rates.” It adds that “closing the fiscal gap requires a permanent annual fiscal adjustment equal to about 14 percent of U.S. GDP.” (Source)

In addition to the intractable Federal  fiscal profligacy, 44 out of our 50 states are functionally insolvent, (the top five are Rhode Island, Connecticut, Massachusetts, Illinois, and Hawaii) as well as hundreds of municipalities and municipal sub-entities such as school districts and water districts on the verge of bankruptcy.

Interestingly, many states restrict the ability of municipalities to file bankruptcy –   only 12 States provide blanket authorization for a city to file Chapter 9, and yet a full 22 States prevent a municipal entity from filing Chapter 9 proceedings altogether.The remaining 16 have restrictions and processes that vary from strict to lenient. In Illinois, a Governor-appointed commission has to decide filing is necessary, after first trying everything else to save the situation.  (source)

What all this boils down to is a shocking amount of unresolvable debt, at every level of government, across the United States – while there are no audited figures to define the total risk pool of states and municipalities, those who follow state and municipal bonds have assessed the total bond market at well over $ 40Trillion dollars (this includes pensions and other retirement benefits for workers which are “not fully funded”), and analysts have stated that as much as one third of these bonds are presently at “high risk” of default, and another 30 to 50% at “moderate risk” in the longer term of 3-11 years.

Meanwhile, Morgan Stanley clearly states a warning of “significant weakness at the long end” of the bond curve, beyond the 11 year point  (source P.3). One third, or ~$13.5 Trillion dollars of state and municipal bonds at a high risk of default, right now!  And yet, State and Local bond issuance continues apace at over $25B per month!

Projected total issuance of state/muni bonds for FY 2013 is in the ~$270-280Billion range. Worse, there is no functional mechanism of law in place for dealing with more than 75% of  state and municipal debt.  Therefore, as the damn breaks and the financial curettage goes into overdrive, you can fairly assume that individual citizens and small businesses will take it in the seat of the pants, while large corporations who have been making their campaign contributions will be protected to the greatest extent possible by state legislatures and “special panels” delegated by state executives to bail in ailing municipalities.

This is why, for the calendar year 2013 to date (9/4 report and also here), outflows from municipal bond funds have netted over -$1.5Billion per week over the past 15 consecutive weeks.  In other words, investors are rejecting state and municipal bonds at a rate not seen since the stagflation of the late 1970s, and the coming fall and winter will prove increasingly difficult for distressed municipalities to survive as competitiveness for bond investments increases.

In short, the crash of the State and Municipal bond market in the US is a fait accompli, just as the utter decomposition of Greek, Irish, and Spanish bonds within the “ECB Umbrella” was a foregone conclusion a year before each of their economies crashed. This is not a house of cards, folks.  This is not even just “dominoes laced with dynamite“.  This is the mother of all economic holocausts… and it is breaking now.

- See more at: http://govtslaves.info/money-confiscation-martial-law-unavoidable-us-point/#sthash.sjIk1zPK.dpuf
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