Akito’s Cash Flow Notes | 9 November 2011

Part1

Opening music:
Desert Rose by Sting
00:00

James Conrad Murray convicted of nothing
(Michael Jackson's personal physician)
02:58

iON Katherine Esther Jackson went after the Trust money
she didn't care about Murray, but wanted a way to get to the attorneys of the Trust
04:09

James: How much money is in that estate now?
iON: USD $1.8 Billion (JGL)
05:46

iON Michael's kids nor Katherine won't get the money, that money was setup to be used only by Michael
06:18

iON Michael has access from PW
chip body has access to all worlds, his new doctor gets paid 200k a month
06:34

Bob his In-Quick Box screenshot anomaly
the "frozen image" of the time stamp in the screenshot kept changing
07:10

the listeners love JGL (James' Great Laughter)
10:04

Could This Be the Complete Breakdown of the European Monetary Union

Silver Doctors

Thanks, Elly.

Unlike the collapse of Lehman Brothers in 2008 which the Western Central banks were able to contain thanks to $13 T in bailout funds, a failure of Deutsche Bank would trigger a systemic banking contagion the likes of which the Western world has never seen.

CitiGroup in New York, Barclays in London, and Deutsche Bank in Germany are in trouble, and these 3 banks are fighting every single night to fight off insolvency and failure.

The important thing to keep in mind about Deutsche Bank is that it won’t go down alone if it goes down at all. If it fails, it will take along with it 3,4,5,6 or 10, or 15 other banks! It will be 1 or 2 quickly, then a 3rd and 4th a few weeks later, another, then before you know it, all of Italy and their major banks would be kaput.

My belief is that Deutsche Bank and its constant overnight risk of failure is somewhat tied to derivatives related to LIBOR, and also a risk related to their FOREX derivatives. In other words, derivatives that the banks use to balance off the currencies.

Believe it or not, in the derivatives world, gold is treated like a currency. Isn’t that ironic?

The FOREX derivatives that the banks are involved in are very much tied to gold.

The big immediate threat for Deutsche Bank though has to do with their problems in hiding debt for the Sovereign nations applying for the Eurozone. For example, Greece and Italy couldn’t have their debt ratios over certain levels, so what Deutsche Bank did was they turned nice big chunks of Sovereign debt into currency swaps.

For an example of how this works: Suppose you have a $250,000 bad business loan that is stinking up your credit report. So you call up your favorite Deutsche banker (or Goldman or Morgan- pick your criminal enterprise that is your personal favorite) and you tell him, look I have a $250,000 debt here and I want to make it go away. They say OK, we can do something clever here. We can pay off your debt so your credit report looks good, and we can establish this $250,000 Euro swap, and we’ll keep it off the books!

So you have this $250,000 bad loan stinking up your books, it goes away, and is replaced by something hidden- a euro currency swap! That’s precisely what was done on a larger macro scale by Greece and Italy- and Deutsche Bank is involved with several of these, and the total that is becoming disclosed is $400 Billion. Apply your typical ratios and you can conclude that they are $10, $15, $20 billion short for capital requirements!

The big banks are so criminal that they have converted fraud and criminal activity into a small cost of doing business!

Deutsche Bank is involved very closely with all of the Eurozone currencies and bonds, and they have massive swaps interwoven with all the major Western banks.

Don’t bet your money that Deutsche Bank will go down, but if it does, the next day its going to be Citi, Barclays, HSBC, Morgan Stanley, Soc Gen, and big threats to JP Morgan and Goldman Sachs!

In conclusion, Deutsche Bank owns $25 trillion in OTC swaps with the Central banks and other major banks, so expect a daisy chain of derivative failures for the $1.6 quadrillion derivative market if it were to fail!

Deutsche Bank cannot break down by itself. It would result in the complete breakdown of the European Monetary Union!

In today’s world when a big bank dies, they merge them with another big bank. Another European bank, potentially Barclays. Recently rumours have swirled that Deutsche might merge with its domestic rival, Commerzbank, or sell its asset-management arm to raise cash.

Becoming American | Largest Citizen Ceremony Ever Held

iON & Bob Dobbs | Bob Dylan

Payday

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13 September 2016

German Politicians Nervous About Deutsche Bank

Amid talk of a possibility of a government bailout for Deutsche Bank, Warren Buffet speaks about moral hazard and the 2008 financial crisis bailout.

Bloomberg

Deutsche Bank AG’s finances, weakened by low profitability and mounting legal costs, are raising concern among German politicians after the U.S. sought $14 billion to settle claims related to the sale of mortgage-backed securities.

At a closed session of Social Democratic finance lawmakers this week, Deutsche Bank’s woes came up. While the participants -- members of the junior party in Chancellor Angela Merkel’s government -- didn’t reach any conclusions on the likely outcome, the discussion signals that the risks have the attention of Germany’s political establishment.

Merkel’s government is maintaining a public silence on Deutsche Bank’s woes.

More Single Americans Than Ever

The Washington Post
by Bella DePaulo

Never before in U.S. history have so many adults been unmarried. There are now 109 million Americans, 18 and older, who are divorced, widowed or have always been single. That’s 45 percent of the adult population.

Of all Americans who are not married, the biggest group is those who’ve never been married.

A report from the Pew Research Center estimates that by the time today’s young adults reach their mid-40s to mid-50s, a remarkable 25 percent will have been single all their lives. Most will likely remain single.

Unmarried Americans have become more highly educated. 87 percent of unmarried Americans have at least a high school education. 27 percent have a bachelor’s degree or higher.

The majority of unmarried Americans are not living with a partner or living alone, but are living with their parents or with various combinations of friends, roommates, parents, children and other relatives. (35 million live solo.) A report from the Pew Research Center showed that, for the first time, more young adults were living in their parents’ home than in a place of their own with a spouse or unmarried partner. The large number of young adults who returned to live with their parents, or who never left, was widely attributed to the economy.

A growing proportion of women who give birth are unmarried. 40 percent of all women ages 15 to 44 who gave birth were unmarried.

Grandparents are also among the unmarried Americans raising children. Of all grandparents who live with grandchildren and are responsible for their most basic care, about 30 percent are unmarried, a figure that has remained fairly constant over the past 10 years.

iON on ReAline

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Cash Flow
16 November 2011

Bob Dobbs & Crew Analyze Matt Taibbi

Payday

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17 September 2016

I Used to Be a Human Being

Illustration: Kim Dong-kyu
Based on: Wanderer Above the Sea of Fog, by Caspar David Friedrich (1818)

New York Magazine
by Andrew Sullivan

We all understand the joys of our always-wired world — the connections, the validations, the laughs, the porn, the info. I don’t want to deny any of them here. But we are only beginning to get our minds around the costs, if we are even prepared to accept that there are costs.

Online life is simply layered on top of offline life. We can meet in person and text beforehand. We can eat together while checking our feeds. We can transform life into what the writer Sherry Turkle refers to as “life-mix.”

But the family that is eating together while simultaneously on their phones is not actually together. They are, in Turkle’s formulation, “alone together.”

You are where your attention is.

If you’re watching a football game with your son while also texting a friend, you’re not fully with your child — and he knows it. Truly being with another person means being experientially with them, picking up countless tiny signals from the eyes and voice and body language and context, and reacting, often unconsciously, to every nuance. These are our deepest social skills, which have been honed through the aeons. They are what make us distinctively human.

By rapidly substituting virtual reality for reality, we are diminishing the scope of this interaction even as we multiply the number of people with whom we interact. We remove or drastically filter all the information we might get by being with another person. We reduce them to some outlines — a Facebook “friend,” an Instagram photo, a text message — in a controlled and sequestered world that exists largely free of the sudden eruptions or encumbrances of actual human interaction. We become each other’s “contacts,” efficient shadows of ourselves.

Think of how rarely you now use the phone to speak to someone. A text is far easier, quicker, less burdensome. A phone call could take longer; it could force you to encounter that person’s idiosyncrasies or digressions or unexpected emotional needs. Remember when you left voice-mail messages — or actually listened to one? Emojis now suffice. Or take the difference between trying to seduce someone at a bar and flipping through Tinder profiles to find a better match. One is deeply inefficient and requires spending (possibly wasting) considerable time; the other turns dozens and dozens of humans into clothes on an endlessly extending rack.

No wonder we prefer the apps. An entire universe of intimate responses is flattened to a single, distant swipe. We hide our vulnerabilities, airbrushing our flaws and quirks; we project our fantasies onto the images before us. Rejection still stings — but less when a new virtual match beckons on the horizon. We have made sex even safer yet, having sapped it of serendipity and risk and often of physical beings altogether. The amount of time we spend cruising vastly outweighs the time we may ever get to spend with the objects of our desire.

When we enter a coffee shop in which everyone is engrossed in their private online worlds, we respond by creating one of our own. When someone next to you answers the phone and starts talking loudly as if you didn’t exist, you realize that, in her private zone, you don’t. And slowly, the whole concept of a public space — where we meet and engage and learn from our fellow citizens — evaporates. Turkle describes one of the many small consequences in an American city: “Kara, in her 50s, feels that life in her hometown of Portland, Maine, has emptied out: ‘Sometimes I walk down the street, and I’m the only person not plugged in … No one is where they are. They’re talking to someone miles away. I miss them.’ ” Read the entire article at New York Magazine

The Moon & the Fourteen Rings

Payday

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10 September 2016