Economic Questions: Financial Meltdown, Bear Stear's JPMorgan

[CarpeDiem]

can you try tell your amygdala to stop signalling frontal cortex to re-process learnt fear memories from the past?
That's where fear stems from. Jokes aside, when i feel fear, i balance it with laughter, which illuminates the rest of the day, fwiw
Yellow arrow is your fear center. The question is do you allow this fight-flight-freeze reptilian pea to control you?

from one of the latest posts of Les Visible

It is true that there is a temporal collection of beings that are busy with the appearance of terrestrial mismanagement. It is true that they themselves are controlled by invisible entities who manipulate the selfish intentions of separated minds. It is true that unpleasant things happen because of this. It is true that everyone who is involved in this is affected by this.

But… that’s under control too. That is firmly under the control of this single power that is always in control. It just looks like they are in control of your world and when you give them the power that their appearance of power demands then you seem to be a helpless pawn of their rapacious intent. Here is where you get compromised. You let your fear of their appearance of power sway your essential allegiance. In this manner, the shadow cast by the light assumes the appearance of power which belongs only to the light which casts the shadow.

 

[Ryan]

I awoke experiencing fear in a physical sense,

I don't know what you mean by this. Can you please clarify?

then the first thoughts in the mind were of the collapsing economic system and the impact on the family, friends, and self. I am not sure if fear proceeds the explanation or vice versa.

This is why self-observation is so important. If you don't know exactly what you are feeling and thinking, then how can you explain it to others in order to get feedback? I'm surprised that someone who has been practising self-observation for a number of years (as you stated earlier) cannot give a precise answer to this.

I can think about the results of a systemic economic collapse and the implications and not experience fear at the time of thinking. Is it possible the emotion of fear appears from earlier thoughts?

It is certainly possible. Fear is often a part of programs being triggered. Or maybe you had a bad dream before you awoke and did not remember it because your mind flicked immediately onto another topic? Again, this is why self-observation is so important, as it allows one to work out exactly when they are reacting, and why. The process takes some time and effort though. It doesn't happen overnight.

I would strongly recommend that anyone interested in the subject of fear (and how it is used by psychopaths and other deviants to manipulate people) read both of:

Martha Stout's "The Paranoia Switch"
and
Gavin De Becker's "The Gift of Fear"

also, the QFS recommended reading list contains some great books with invaluable information on this subject.

 

[Ryan]

OK, I'll try to be precise, death!

I only just noticed you edited your post with this after I had written my previous response.

I think that perhaps if you are waking up in the middle of the night fearing you are about to die (on a regular basis), you should seek some professional psychological help. Worrying about the economy is probably just your mind covering up the real underlying cause of such severe-sounding paranoia attacks.

 

[go2]

go2 wrote:
I awoke experiencing fear in a physical sense,

I don't know what you mean by this. Can you please clarify?

When I awoke there was a tight, gripping sensation in the chest and
abdomenal area with a vibration extending into my arms.
I interpreted this as "fear". I might be wrong.

This is why self-observation is so important. If you don't know exactly what you are feeling and thinking, then how can you explain it to others in order to get feedback? I'm surprised that someone who has been practising self-observation for a number of years (as you stated earlier) cannot give a precise answer to this.

I have kept notebooks recording particularly the context of inner or
outer conflict. The inventory method I use, asking, What is going on here?....Who is involved?..Have I been here before?....How did I get here?...What is the meaning of this inner or outer conflict?....., and recording to the best of my ability, my understanding of the situation. After reading
the Work thread on Self-Observation, I realize that I wasn't doing what the
Work considers Self-Observation. Thank you for assisting me in sorting this
out.

 

[go2]

I think that perhaps if you are waking up in the middle of the night fearing you are about to die (on a regular basis), you should seek some professional psychological help. Worrying about the economy is probably just your mind covering up the real underlying cause of such severe-sounding paranoia attacks.

The sensation of fear that I described does not occur on a regular basis.
It has occured several times in the last two weeks, but is not as a frequent
event. I am failing to communicate exactly what occured. I did not think
about death when the sensation occured. I added that as a thought
this afternoon. I see now that trying to be precise was imprecise, now that you point out how you interpreted my edit.
It seems I am having a problem being precise. As I read back over
these posts, I see that I have a lot to learn.

OK, I'll try to be precise, death!

I took a walk and considered what I posted. I am going to add context.
I am in Sevilla, Spain, where Semana Santa is celebrated by tens of thousands
of devout Catholics. I have never been Catholic. However, as I observed the
floats portraying the cruxifiction and later in the week, the resurrection of Christ, I am surprised
by my strong resonance with the archetype of man's suffering and the cruxifiction of
a man's ego(personality) and the resurrection of a new man with a spiritual center. I have
tired of my own suffering and self-importance. I mean "death" in a symbolic sense
as the end of what I have been and the desire to find a way beyond to a larger life of
service as opposed to "taking care of myself" which has left me empty. This may be the orgin
of the fear. My "personality" decided to run a "fear" program at the very thought of giving up
its control. I hope this has clarified my post for me and whoever reads it.

 

[noise]

Wow, this article/video was great! http://www.sott.net/articles/show/151378-Don-Harrold-on-The-Fed-Bear-Stearns-and-Jim-Cramer

Getting back to the subject, not that I don't appreciate what was said here, particularly (Ryan:) "This is why self-observation is so important. If you don't know exactly what you are feeling and thinking, then how can you explain it to others in order to get feedback?" I've certainly got a few problems there. So much of my emotion is a tangled mess..

Thanks DonaldJHunt for your reply.

Having watched the video by Don Harrold - I think he said what I was trying to say (though much more clearly, direct and precise). The Fed gave JPMorgan the 30billion who bought up Bear Stearns for Pennies on the Dollar (compared to the puppeted market value). This kind of goes back to what Ryan said IMO - Things get twisted between what I am thinking and feeling and getting it to come out as a clear expression. Mostly what I wrote was due to my reaction of what I was, or thought I was seeing happening.

I guess Mr. Harrold answered my initial question: Why would the Central bank (Federal Reserve?) fund 30 billion of Bear Stearns assets if the company is not worth that much?

So that it could indirectly fund some of the problems JPMorgan was having by basically having BS (Bear Stearns) forward that money to 'itself' (JPMorgan). 'Itself' also being that JPMorgan is part of the private company that is the Federal Reserve. Hope I said that all correctly or clearly enough.. man this stuff (Finances, lending, banking, securities, assets..) is crazy.

 

[PopHistorian]

From today's SOTT weekly economic commentary: "This banking crisis of the 1930s showed that unregulated, unsupervised financial markets can all too easily suffer catastrophic failure."

Seems you just can't win with a money system. Regulation (i.e. control) is STS, but non-regulation is letting the psychopaths run free. Remember Ra suggested that money systems are control systems. Money allows vast, far-reaching control of the many by a few, which would sure be a lot harder to accomplish with only bartering and trading of services.

 

[Mr. Premise]

I don't think that regulation is necessarily STS control. Think of regulating weights and measures, for example. Or official coinage. Or having a court to enforce contracts. It creates the environment where people who don't know each other can enter into agreements. Of course if we were in a 3D STO world it wouldn't be necessary, so in that sense you are right, but given the environment we are in, you could see regulation as limiting the ability of psychopaths to do damage.

From today's SOTT weekly economic commentary: "This banking crisis of the 1930s showed that unregulated, unsupervised financial markets can all too easily suffer catastrophic failure."

Seems you just can't win with a money system. Regulation (i.e. control) is STS, but non-regulation is letting the psychopaths run free. Remember Ra suggested that money systems are control systems. Money allows vast, far-reaching control of the many by a few, which would sure be a lot harder to accomplish with only bartering and trading of services.

 

[PopHistorian]

Well, I'm not considering 3D terms here at all. In pure terms, regulation is control. The PTB could just as easily say that the control they want is "regulation." It's anti-freedom. Heard on CNN recently an "economic expert" who stated that the world's finance corporations are so global, so interconnected, that a global body should be created to control it. Surely another step toward centralization, inescapable world-wide control.

 

[Mr. Premise]

But since we do live in 3D STS, an unregulated environment is way more open to psychopaths taking over, I think. Many of the regulations are to ensure that dealings are on the up and up. Deregulation has led to the mess we're in, including the extreme disparities in wealth. Psychopaths dream of that kind of freedom. The freedom to do what they want unencumbered by the phony morality of normal people. That's the way I see it now, anyway. Could be wrong of course, or only seeing part of the picture.

Well, I'm not considering 3D terms here at all. In pure terms, regulation is control. The PTB could just as easily say that the control they want is "regulation." It's anti-freedom. Heard on CNN recently an "economic expert" who stated that the world's finance corporations are so global, so interconnected, that a global body should be created to control it. Surely another step toward centralization, inescapable world-wide control.

 

[Yossarian]

The following SOTT article: http://www.sott.net/articles/show/151858-Fed-s-bailout-put-off-a-derivatives-Chernobyl pretty well answers the original question for this thread:

Why would the Central bank (Federal Reserve?) fund 30 billion of Bear Stearns assets if the company is not worth that much?

"To understand why it has torn up the rule book, take a look at the latest Security and Exchange Commission filing by Bear Stearns. It contains a short table listing the broker's holding of derivatives contracts as of November 30 2007.

Bear Stearns had total positions of $13.4 trillion. This is greater than the US national income, or equal to a quarter of world GDP - at least in "notional" terms. The contracts were described as "swaps", "swaptions", "caps", "collars" and "floors". This heady edifice of new-fangled instruments was built on an asset base of $80bn at best."

The rest of the article is good for further clarity.

 

[go2]

In pure terms, regulation is control.

Regulation seems to me to include "weights and measures", necessary for any science, communication, and economy. Mankind must regulate predation of the many by the few.
There are pathocratic regulations designed to control for the benefit
of a few, at the expense of the many. This is the subversion of law and politics. The current pathocracy requires total control of our finances, but exempts the "shadow banking system" from any regulation or surveillence. This allows Mayor Bloomberg of NYC to accumulates tens of billions of dollars, while many of his constituients are hungry and homeless. Bill Gross is the bond manager for Deutshe Bank. Here he names the the UNREGULTED SHADOW BANKING SYSTEM as the epicenter of the terminal collapse of political regulation of the predatory elites. This lack of regulation of the predators leads to scientific dictatorship. Don't you think the Bush family needs to be regulated?

But today’s banking system as pointed out in recent Investment Outlooks, has morphed into something entirely different and inherently more risky. Our modern shadow banking system craftily dodges the reserve requirements of traditional institutions and promotes a chain letter, pyramid scheme of leverage, based in many cases on no reserve cushion whatsoever. Financial derivatives of all descriptions are involved but credit default swaps (CDS) are perhaps the most egregious offenders. While margin does flow periodically to balance both party’s accounts, the conduits that hold CDS contracts are in effect non-regulated banks, much like their hedge fund brethren, with no requirements to hold reserves against a significant "black swan" run that might break them. Jimmy Stewart—they hardly knew ye! According to the Bank for International Settlements (BIS), CDS totaling $43 trillion were outstanding at year end 2007, more than half the size of the entire asset base of the global banking system. Total derivatives amount to over $500 trillion, many of them finding their way onto the balance sheets of SIVs, CDOs and other conduits of their ilk comprising the Frankensteinian levered body of shadow banks.

 

[pstott]

I am thinking that they are waiting for McCain to be installed as president before dropping the other shoe. Then McCain's running mate will be in place to take over when McCain's health deteriorates. This is a major part of the agenda - look to see who is chosen to be VP.

Right now the People of the world are like the proverbial frog in the saucepan of warm water - warm it up gradually and the frog does not realize what is really happening until it's too late.

If the PTB precipitate the world-wide crash of markets and fiat currencies too quickly, the frog will realize what is going on and may still be able to jump out of the pan.

The success of the PTB agenda depends on timing. They still have not maneuvered sufficiently to confiscate weapons or to implement their thought-crimes legislation effectively. The Internet is still not totally under their control. The People can still be dangerous to their plans if woken up too suddenly.

 

[go2]

If the PTB precipitate the world-wide crash of markets and fiat currencies too quickly, the frog will realize what is going on and may still be able to jump out of the pan.

They still have not maneuvered sufficiently to confiscate weapons

The research on sott.net indicates this imperial project may be a millenia long conspiracy.
The PTB are expert at managing violence in divide and conquer stratagies that make
make your comment on weapons seem like playing to the strengths of psychopaths.
It is likely that the general population will be traumatized by financial collapse.
They will look for who to blame. The PTB will provide scapegoats. I am not sure
what forms resistence can take, but inner awakening and networking is what I do today.

The financial endgame we are witnessing can be traced to 1913, when the private
Federal Reserve Banking Cartel convinced a corrupt Congress to destroy the Constitutional
money of the USA. What is Constitutional money?

Douglas V. Gnazzo wrote a seven part essay called Honest Money which can be googled, tracing the history and theory of money in America. It is excellent background for understanding the financial deception used by certain imperial elites to enslave humanity.

Article I, Section 8, Clause 2. The Congress shall have Power…To borrow Money on the credit of the United States.

Article I, Section 8, Clause 5. The Congress shall have Power…To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures.

Article I, Section 8, Clause 6. The Congress shall have Power…To provide for the Punishment of counterfeiting the Securities and current Coin of the United States.

Article I, Section 9, Clause 1. The Migration or Importation of such Persons as any of the States now existing shall think proper to admit, shall not be prohibited by the Congress prior to the Year one thousand eight hundred and eight, but a Tax or duty may be imposed on such Importation, not exceeding ten dollars for each Person.

Article I, Section 9, Clause 7. No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law.

Article I, Section 10, Clause 1. No State shall…coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debt.

Amendment VII. In Suits at common law, where the value in controversy shall exceed twenty dollars, the right of trial by jury shall be preserved…

http://www.sott.net/articles/show/152125-Is-an-International-Financial-Conspiracy-Driving-World-Events-

The fact that bankers now control national monetary systems in their entirety, under laws where money is introduced only through lending at interest, has resulted in a massive debt pyramid that is teetering on collapse. This "monetarist" system was pioneered by Rockefeller-family funded economists at the University of Chicago. The rub is that when the pyramid comes down and everyone goes bankrupt the banks which have been creating money "out of thin air" will then be able to seize valuable assets for pennies on the dollar, as J.P. Morgan Chase is preparing to do with the businesses owned by Carlyle Capital. Meaningful regulation of the financial industry has been abandoned by government, and any politician that stands in the way, such as Eliot Spitzer, is destroyed.