"Cutting Through The Matrix" Live On RBN (#224)
Poem Copyright Alan Watt Dec. 30, 2008:
The Shot that Spluttered Around the World:
"The Annual Flu's Here, Howl!
Mixed Flu Shots from China, Neglecting ol' Brisbane,
These Little Pricks with Needle Sticks, Scientific Fight,
Say It's Free, Not for Me, the Mix is Never Right,
Hype and Fear, the End is Near, Cognitive Dizziness,
Mob Runs to be Saved, the Way is Paved with Gold
For Vaccine Business"
© Alan Watt Dec. 30, 2008
Tuesday 30th December 2008
Poem & Dialogue Copyrighted Alan Watt - Dec. 30, 2008 (Exempting Music, Literary Quotes, and Callers' Comments)
Hi folks, I'm Alan Watt and this is Cutting Through The Matrix on the 30th of December 2008.
I always advise newcomers to look into www.cuttingthroughthematrix.com because, on the website, you'll find lots of talks I've given in the past where I've tried to give you information, and tie it together for you, and show you how the world is really run, not by happenstance and crisis after crisis developing out of nowhere but actually how it's planned, that's how government keeps control over people, is by planning the future. They say, in their own writings, down through the ages, in their history books, that if society was allowed to develop by itself, there would be chaos, or what they call 'anarchy'. Anarchy is any other system except this particular Ark, the one we're on and it's theirs you see; therefore, they always plan the future.
You can also look into www.alanwattsentientsentinel.eu for transcript which you can download and print up and they're written in the various languages of Europe.
Our reality really is given to us and I used to look into the big companies and organisations, big marketing companies that would set off world trends, world trends used to take a lot of money, a lot of manpower, at one time, to deal with various medias across the world, but, today, with the Internet and the inter-relationship between all media, it's very simple to start off world trends in any particular area. The big Foundations have used this technique for over a hundred years. They used to use radio big time, they'd even have talks put on the radio which you would never even believe were associated with the Foundations that sent them out there. They'd get famous people to bring up topics and they'd have these little debates etc. In reality, it was what they call 'raising public consciousness towards a particular issue' the issue that they want you to think about, because they were programming us all, along a certain path, with the outcome that we'll all have, that outcome, the one that was predicated for us, by those who perceived the whole idea in the first place. That's how the world is truly run.
When we think back logically over the scenarios we face in our own lifetimes, with the big-big things that happen, whether it's wars or even the Gulf War and then of course we have the Gulf War Two and so on, these take years to plan in advance, just for the military strategy alone. They don't just go in there and invade at the drop of a hat, it doesn't happen that way. It's always after the events we find information; we find out for instance they were ready to invade Afghanistan before 9/11 happened in 2001. They had armies next door, waiting to go in. That's the kind of thing we find out, it's the same thing when 9/11 happened and, you think back on it and we were told, right away, that we’ve got to keep the economy going. Now, a few buildings came down in one city and suddenly we all had to spend, to keep the economy going; and, if we look back on it, there was no slowdown in the economy at all, with the absence of those particular buildings. What really is going on? We're deceived on so many fronts, it's just incredible. The same with this latest farce with the bank scandals, as though they had never known for years that they created these bubbles of worthless stocks, where they got very good shysters to come out and market them as great / important, value for money stocks, when they were worthless in the first place. They dress them up, as best they can, through all kinds of marketing skills and up the prices; but if you're selling a potato at the end of a year of good gab, it's still a potato, regardless of what surrounds it. I'll be back with more, after this break.
=== BREAK ===
Hi folks, I'm Alan Watt, we're Cutting Through The Matrix. I think we've got a better line now, I had to reconnect; because it was a bad line initially. I'm talking about how trends are created and how they travel across the world, to alter our opinions and sometimes to programme us with something that's yet to come. Very often, what we've been programmed for, as it appears to us through the propaganda, is not the real reason, there's always another reason for it happening in the first place; we're the last to know what the real causes are. However, we can see through a lot of the scams that go on. The other day, I talked about how news broadcasters who did their own kind of 60 Minute type version on Fox news, under contract, were denied by their employer to air a programme on Monsanto, with all the evidence they had on how dangerous the particular drug that they give to cattle now is on humans, as well as cattle. The drug makes the cattle produce more milk. Monsanto leaned heavily on Fox then Fox leaned on these particular newscasters, the investigative journalists. It went all the way up to the courts and the judge ruled in favour of their boss, because he said there's no law that any news service must tell the truth to the public. That comes to a lot of people as some kind of revelation, because, going back to people like Brzezinski, whose speciality was dealing with the minds of millions, and billions, perhaps of people, by studying them, by getting access to very good information on how human behaviour truly works. He said himself that most people will be unable to reason for themselves, they’d expect the media to do it for them. Well, if the media's not telling you truth, but they're lying to you, then you're in a real mess aren't you? Yet, most folk really do believe the media's there to do their thinking for them and to truly warn them, so they can prepare for emergencies and so on, personally, on a personal basis.
It's in the presentation of news media; we forget too that the news media are private corporations that are in the business of generating income for themselves. A lot of the handouts that they give to the press ends up in the newspapers and are given out, often by big companies, international corporations and, really, you're being sold propaganda. Sometimes, it's not presented as though it was; some countries now mandate that they have to say 'advertisement' at the bottom or the top, if it's a handout from some big corporation. Others don't bother and even when they don't bother, even when they're supposed to put it there, they can get round it, by giving little personal interviews to the C.E.Os of corporations, but they get paid for it.
Here's an article here, that ties right in with the movie industry and with the big Foundations they're on about, they've got to cull off a lot of the people out there, there's just too many people, as they echo Prince Philip and many others before him. The movie industry is churning out movies now of disasters, generally to do with infertility arising out of a virus that gets unleashed, or some other cause and one of them that's come out recently, after The Children of Men, is The Happening, which is very-very similar; again, mass death etc, because Gaia, you know the planet again, the mother goddess, turns on the scourge, this curse they have, this virus on the world, which is man himself. And, the plants start to create some obnoxious stuff that kills off humans, so the planet is getting its own back. This is all getting us ready for something, but you know the big corporations love this stuff; they love the stuff, because they sell, they sell so much doing it.
There's 8 movies coming out now apparently, all disaster-type movies, where nations are just wiped right out, to get us ready for something, supposedly, which they can certainly do. They can't cure the flu, or prevent it but they can certainly create viruses that kill you. Something's wrong with that scenario isn't it? But then if they were to give us cures for things, we'd live for a long time and that would be counter-productive to their agenda, which is to decrease the population. Logic must play in here somewhere.
Here's an article from the Dow Jones Newswires December the 23rd 2008, by Peter Loftus. Now, remember that this is how a presentation is given by a corporation to the media. It says:
Glaxo Prepares Work Force For Worst-Case Flu Scenario
GlaxoSmithKline PLC (GSK) wants to be one of the safest places to work in the event of a flu pandemic.
Here's their spiel, they want it to be safe where they work, for the workers.
The U.K. drug maker has spent nearly two years making contingency plans to protect its global work force so the company can continue manufacturing the drugs and vaccines it thinks will be critical if a major flu outbreak hits. Whether the preparations are enough is an open question,
I'd add: do they work? as another.
as experts note that factors outside Glaxo's control could render the best-laid plans moot.
Then, it goes on about these wonderful plans to protect their workers. It also tells you, in the article, that part of their programme is to get their own workers used to accepting the flu shot. Obviously, the people who worked there and saw how this stuff is made didn't want to get it themselves. It says in the article it will also help to, basically, condition the workers, to keep getting upgraded flu shots. However, the way it's written here, you'd think that they were such a humanitarian organisation, they just want to save the world and it's not. Remember this is one of the biggest businesses on the planet and they make the best money during hype and fear and terror. That's what it's all about.
There's never been a flu shot out there yet that's ever worked; and, every time you're heading into the winter, millions of dollars are spent across the planet, maybe billions, who knows, to get everyone to go and get what they say is "free" flu shots. Now, nothing's free, the governments use your tax money to pay for it all; but it's great business, this fascist system we live in, it's great business for the big corporations when government mandates this kind of stuff. Fantastic, and then, every spring and then come the summer, they go through all their data and statistics and they tell you that they got the mix wrong again. They've never had the mix right yet, to get the right flues, supposedly, prevented; never had it yet, never happened. Read that article because it ties in with where I'm going next.
Now, here's another article here and it's on this very subject, the Mail Online:
'Killer' Australian flu strain set to spread across UK, experts warn
By The Daily Mail 29th December 2008
There, right off the bat, there’s a picture of a guy with a white coat, with his little clipboard, with a pen in his hand and a stethoscope around him so I guess he's the expert! And there's a patient looking up at him as though she's looking up at a statue of the local god. Just to let you know that’s what an expert looks like.
Experts are warning that the current outbreaks of flu are expected to intensify in the new year as the Australian strain that can be fatal spreads across the UK. The current flu epidemic - already on course to be the worst for eight years
Now, they've never had more people inoculated than this winter, right?
The current flu epidemic - already on course to be the worst for eight years - will get worse as the infection usually peaks between January and March, they warn. The European Influenza Surveillance Scheme (EISS) says the H3N2 Brisbane 10 flu strain that caused a severe epidemic and killed six children in Australia is spreading - with the UK, Ireland, Bulgaria and Spain experiencing it at 'medium intensity'. The UK Health Protection Agency and the Royal College of GPs have reported a sharp rise in the number of flu-like illnesses over the past two weeks,
‘Flu-like illnesses’, that's very vague you see.
with pensioners being the worst-hit. The sharp rise left the NHS struggling to cope over Christmas. Thousands of GPs' surgeries close over this period, leaving sufferers with nowhere to go for help except accident and emergency wards. But hospitals are already under more pressure than usual because of outbreaks of the winter vomiting bug norovirus.
There's another one out there too that gives you a stomach problem.
Latest figures show that among the over-65s, 45 in every 100,000 people now have flu, up from just 18 a week ago. Though it is still the 15 to 44 age group who are reporting the most cases, with a rate of 80 per 100,000, it is the elderly who are most likely to die from flu.
Well, that's the general run of things.
This year's outbreak, blamed on an Australian strain of the virus called Brisbane H3N2, is well on course to be the worst since 1999, when 22,000 people
I guess that's across the planet
died. However, an outbreak does not officially become an epidemic until the rate is higher than 200 per 100,000. The last time this happened was in 1989.
Then they give you the usual stuff about how the flu works etc etc. It says here:
Professor Steve Field, chairman of the Royal College of GPs, said: 'Older age groups are now showing increases, and they have the most serious consequences - the extra load on the lungs, possible viral pneumonia and the increased risk of contracting a second bacterial infection.
I've heard of so many people getting the flu shot who end up getting pneumonia, right after it and that's pretty common. It says:
'The NHS is coping remarkably well in the circumstances, although there are some very desperate problems in the West Midlands.
That ties in with the next part I'm going to go onto. Because this is hype hype hype hype, we get this every year and how come they keep getting the shot's wrong? They keep telling you it's going to help you but it's never helped anybody yet, across the planet, at least they can't prove it. They can prove that those who had the shots definitely still get flu. Back with more, after this break.
=== BREAK ===
Hi folks, I'm Alan Watt and we're Cutting Through The Matrix. I try to show you how so much of the world is one big giant con game and how in the economic system there are more cons than ever, that's how the system works. That's how the big profits work and so on. We're at such an advanced stage of science, at least in the military side of things, it makes you wonder why they can't cure things at the bottom level of science, at your GP level or the hospital level; but, then again, that would be counter-productive, as I say.
Before I go onto the next article though, still on the same one, from the Mail Online, I was looking at the comments on the article itself, from people who had emailed in; and, here’s one that's from a guy in England I guess, he says:
I have a heart problem; to my surprise and was advised to have the flu jab to avoid catching pneumonia that could finish me off........... I am today enjoying my 6th day in bed due to contracting flu. I have never been so ill.... ... so as far as I'm concerned, the flu jab does not work at all. If I sold a product to do a particular job and it failed to do so, then I am liable under law as is the manufacturer...so as far as I am concerned...whoever manufactured the dose I had also sold goods that were not of merchantable quality and unfit for purpose..............anyone know a good "No win No fee" Lawyer?
That's so common, but they'll tell you, in the spring, they got it wrong again. They say they always take three strains that they think will be the prevalent strains and mix them together, with their hocus-pocus and stick it into you; but, strangely enough, those that seem to get jabs come down, at least the people I know personally, come down with the flu and pneumonia, very-very quickly.
Let's go on to this next article, because this is more important and it ties in with all of this, to show you where I'm getting at. This is in the yahoo news today. It says:
Researchers unlock secrets of 1918 flu pandemic
That was the big pandemic that killed a lot of people off back then; and, I have mentioned on a few programmes a CBC documentary, an excellent documentary, if anyone's got it out there, maybe you could burn a copy and send it to me. I watched it at the time, it was a few years back, where a Dr. Campbell, of Canada, was financed by the government, as far as I can tell, to go off to Norway and unearth some bodies buried in the permafrost in Norway, from that 1918 flu pandemic, to try to get lung samples, frozen lung samples, that would still have frozen viruses in it, or in them. At the same time, the documentary showed a Norwegian guy who came over to Canada, went up into the Inuit territory and got permission from a tribal elder to dig up some graves there. He ended up with the live viruses apparently, where the Canadian ones said that the samples they got had been through so many melts and thaws and freezes they were inviable for use. I think that the article may have been called Unearthing a Deadly Virus or a Killer Disease. “Unearthing”, I think was the first part of it. People should have a look for it in CBC documentary archives. Now, at the time when I saw it, I thought who's really financing this and why would you dig up something that was deadly, because, we know and I've done many articles on the military-industrial complex and how any discovery goes towards killing people, before it goes towards helping anybody. They're always in the lead with in that area; and, this article kind of ties in with this, this Yahoo article I'm going to read here. It says:
Researchers have found out what made the 1918 flu pandemic so deadly -- a group of three genes that lets the virus invade the lungs and cause pneumonia.
Now, during that pandemic or epidemic, as it was really, your lungs became so congested that, eventually, you'd have little ruptures and haemorrhages, in the lung tissue itself and people actually bled from the nose, mouth and even the eyes, round the eyes were bleeding. So, you can imagine how a military-industrial complex would be right into that, because as I say, I've gone into what they've been into for such a long time, many times myself; I've talked about their articles, read from their articles and so on. This Yahoo article continues, it says:
They mixed samples
Now here's what they can do, these scientists:
They mixed samples of the 1918 influenza strain with modern seasonal flu viruses to find the three genes and said their study might help in the development of new flu drugs.
Right, sure. Because, as I say, you know where all this information is going to end up: in the Pentagon and Porton Down and other places across the world where they're into viral warfare.
The discovery, published in Tuesday's issue of the Proceedings of the National Academy of Sciences, could also point to mutations that might turn ordinary flu into a dangerous pandemic strain.
Now, they go on to tell you that they've done that, now listen, it says:
Yoshihiro Kawaoka of the University of Wisconsin and colleagues at the Universities of Kobe and Tokyo in Japan used ferrets, which develop flu in ways very similar to humans. Usually flu causes an upper respiratory infection affecting the nose and throat, as well as so-called systemic illness causing fever, muscle aches and weakness.
But some people become seriously ill and develop pneumonia. Sometimes bacteria cause the pneumonia
They don't cause the pneumonia, well sometimes they do; they break through the tissue that's all ruptured
and sometimes flu does it directly. During pandemics, such as in 1918, a new and more dangerous flu strain emerges.
I'll continue this article; it tells you what I've been really getting at, through the last three articles. I'll be back with more, after this break.
=== BREAK ===
Hi folks, I'm Alan Watt and this is Cutting Through The Matrix, reading an article from Yahoo, on this 1918 Flu virus that they've been tampering with recently. This is what the scientist said:
"We wanted to know why the 1918 flu caused severe pneumonia," Kawaoka said in a statement.
They pain …
Now, here's what they can do, right, if they can't cure anything, they certainly can make killer viruses.
"We wanted to know why the 1918 flu caused severe pneumonia," ... They painstakingly substituted single genes from the 1918 virus into modern flu viruses
They've taken a modern flu virus and then, one at a time they can genes and substitute them in these modern flu viruses, from the killer flu from 1918, and it says:
and, one after another, they acted like garden-variety flu, infecting only the upper respiratory tract.
That's the common flu; but except for:
But a complex of three genes helped to make the virus live and reproduce deep in the lungs.
They succeeded in making it a killer virus.
The three genes -- called PA, PB1, and PB2 -- along with a 1918 version of the nucleoprotein or NP gene, made modern seasonal flu kill ferrets in much the same way as the original 1918 flu, Kawaoka's team found. Most flu experts agree that a pandemic of influenza will almost certainly strike again.
Here they go into why they're doing it, I suppose to cover themselves.
No one knows when or what strain it will be but one big suspect now is the H5N1 avian influenza virus.
Once again, the idea's to get your flu shots etc. You see what they've done? Here they are, they took a few genes from the one that made it a killer virus in 1918 and eventually got it to work and reproduce in modern flus, so they've got a beautiful killer now made that works. Guess what the military industrial complex will give for that one, eh? And, I've no doubt whatsoever, with all the hype they've been feeding us, apart from making the big-big bucks from all these anti-viral drugs and so on and for all the flu shots they've given, year after year, apart from that, they do want to depopulate the planet, big time. It's not all the literature from the top, in fact, it's open on the mainstream media, at times, where the eugenicists come out in force, in teams often, in panels and debate the problems of over-population and the wrong types of people and you've got too many alcoholics, you've got too many of this and too many of that, they're just burdens on society. So, I've no doubt, when you hear people like Prince Phillip or Mr. Rockefeller, or any of the other big top ones up there that promote depopulation, that they have the ability and the power and command and resources to do so. They can depopulate and that's just a great way to do it, is pandemics, because pandemics can be, to an extent, controlled, can be locked in certain areas and the beauty of it is: it doesn't kill everybody off at once. They want us to bury our own dead, as we have in the past. Tidy things up for them for the future you see. And, they can keep using that over many years, maybe 5 years, maybe 10 years, as it flares up, flares down and flares up and down until it's gone. It's a wonderful way to go; but, in the meantime, as I say, for those that have money and they want to invest it, with the hype that's going on, you probably couldn't do any worse, at least, than invest with the big companies that are making the supposed flu shots and the anti-viral drugs that haven't been proven if they're effective or not.
If you go back to that first article I read, from the Dow Jones Newswires, you'll tell them too that Glaxo Smith Kline is also working with lots of hen farmers. It's good business for hen farming, because they buy all these eggs, to use for the creation of the vaccines. There's two good businesses to be in, if you want to make a buck, especially when governments throw so much money at them and buying all their products that will probably never be used.
Now, we'll go to the phones now and we've got Terry from Calgary on the line, are you there Terry?
Terry: Hi Alan, how are you?
Alan: I'm hanging in here, yes.
Terry: That's great, I hope you got a lot of donations for Christmas.
Alan: I got a few, I got a few, I should mention that too, people can donate on my website, that keeps me going and, actually, it drops off, it drops off over the holiday period, when people are too happy, you see!
Terry: Oh, that's terrible.
Alan: I think too, people are worried; people are worried about the economy.
Terry: Well, it's getting worse every day and everyone realises it now and, so, as I was saying, the reason I was calling tonight, Alan, was just before I walked in, just before your show started, I looked up in the sky and it was a clear sky and there was a crescent moon, with a very bright star right above it. And, Astro-theologically speaking: am I looking at the Sanhedrin and the Nascent?
Alan: You are, a new moon is a nascent, even the word Nascent moon comes from the two, that's the new moon and that's where the ‘nasce’ comes from and that was a symbol too of the Sanhedrin.
Terry: I would encourage everyone to go out and have a look at that right now, if they have a clear sky. And, the crescent moon, would that represent the seat of the 12 Tribes of the 12 ruling families? What star is that right above that I'm looking at?
Alan: I haven't looked out but I know that Venus is up right now, pretty bright and, often you find Venus sometimes in certain times of the year, in between the horns of the moon.
Terry: Because, right now, it's almost perpendicular and bright, brighter than any star in the sky.
Alan: That's what it will be, I'm sure; but, everything's symbolic, if you look at the hammer and sickle that the Soviets had, you'll also, if you look off to the top horn of the sickle, which is also the nascent moon, you'll see that little star there as well, on their flag.
Terry: Ok, I just was interested on your comments on that, thank you very much.
Alan: Yes, they certainly do love Astronomy because the ancient cults had their Stellar, their Lunar and their Solar cults that dealt with all of that, they were all the Magi and they had their own specialities and they kept track of time. They could tell the people when to plant and so on; but they could also use it for portents of danger, where they fleeced the public. They also had amazing records going back thousands of years, thousands of years ago, where they knew when eclipses would happen and so on; and, once again, they’d fleece the public, because the prayers would be given by the high priesthood and, lo and behold, the sun would come out again after. The public were taking no chances, if they didn't pay up, well it might never come back again; it was a good con, it worked very well.
Today, it's other cons that go on, like all these coming diseases and so on; in an age where they can create diseases, they just can't find a way to cure them. It's all hit and miss and it's 'maybe this' and 'maybe that', they just don't know how to cure anything, or prevent something; but, they can certainly create killer diseases, quite easily in this day and age.
We've also got Dan from Kentucky on the line, are you there Dan?
Dan: Hello Alan. Thanks for all your work and I had a question: those archives you just mentioned, you said that knowledge is power and they have scientific knowledge and all the formulas for psychology and situations and so forth, do those archives also include what we would call ‘spiritual principles’?
Alan: Oh, absolutely, because the earliest forms of studying people and controlling them, were through all kinds of ancient religions. What they did is: basically, study people en masse. What did they have all in common? Individuals within the mass, what did they have in common; and, they watched your mating habits they know when the hormones kick in, they know how young males and females behave and so on, what's occupying their minds, they know what older people were concerned with; but, they also know that people have a desire, because they are technically a religious people, we try to make sense out of our existence in this universe and we find a comfort from the religion. Therefore, they found, very early on that they could be the masters of religion, especially when they were the educated ones and the public were kept in dire ignorance. We forget that the people, the general populations of the world were given no education up until about the 1800s, late 1800s and even then it was the most minimalist education, just so they could work in an industrial era and read basic writing and pass notes and read their instructions and so on. Prior to that, for thousands of years, it was only a priesthood and the clerics who could read and write; and, that was an amazing power to have, when you're lording over people who are living in the now, their own particular now, all they knew was what happened in their own lifetime, in their own little area and it was all passed with word of mouth and so on. Then the church told them all the rest that they had to know.
Religion has been a very powerful, it still is a very powerful tool and that's why people like Gorbachev, who says that he's an atheist, in his own books, talks about creating a world religion, based on earth worship for the masses. They will always use religion, in every era, that's why the whole Foundation-funded Globalist green-type movement with depopulation and worshiping the planet is all coming together; they've created a natural religion for it. Nothing happens by itself in this system, it's promoted from the top down, through big money and power.
Dan: Thanks a lot and hope you have a good new year.
Alan: And you too. They’d never ever miss a chance to religion; and even, I'll make a little prediction too: once they have people interfaced with the computer, at least in the early phases, if we still have the ability to be individuals and conscious at the same time, they'll give you a new transcendent experience, at least your brain will think it's having one, and you'll all be truly one. However, eventually, you won't even be you anymore, because they want to eliminate individuality altogether. You'll be connected to everyone else, supposedly; and, I've read so many articles recently, on this very topic, put out by the Futurists, who are funded to do so and they fund novelists to put it in their novels and the movie-makes put it in their movies, to try and make people all enthused about being hooked up into the Internet into a virtual reality.
What they never mention is history, right up to the present time; because, in history, we've always had masses of people dominated by a few, just like today, we're ruled, really by a few. The whole idea is to dominate the minds of everyone beneath you; and, once you have your little brain chip inserted, and that will come eventually, there'll be no more you, they'll have conquered every single one. So, don't ever think they're going to allow, they're going to create some big Disneyland playground for you to go web-surfing in, in your mind, because they love you so much and they'll leave you alone to stay you; no, that's not the intent of it. The intent is to eliminate the very thought or discussion of you as a distinct personality; that is the intention of it. This has been the dream all down through the ages of every single tyrant; they could never imagine so much power. If someone creates a programme, it's not you, you'll be in a virtual reality where someone else is pulling the strings, but it won't be you, it just won't be you.
Here's another article I want to touch on too, to do with reality and how hype creates masses of profit, even when you're getting raped. I always think of Rothschild's statement when he was asked when is the best time to make a lot of money, invest money and so on? He said: "when the blood is running in the streets". Meaning, in times of dire crisis, that's when you make your biggest killings financially.
This is also from Yahoo news. Monday December 22nd by Matt Apuzzo. It says:
Where'd the bailout money go? Shhhh, it's a secret
WASHINGTON: It's something any bank would demand to know before handing out a loan: Where's the money going?
But after receiving billions in aid from U.S. taxpayers, the nation's largest banks say they either can't track exactly how they're spending the money or they simply refuse to discuss it.
"We've lent some of it. We've not lent some of it. We've not given any accounting of, 'Here's how we're doing it,'" said Thomas Kelly, a spokesman for JPMorgan Chase, which received $25 billion in emergency bailout money. "We have not disclosed that to the public. We're declining to."
You're paying for all this, the public are paying for this but they have no right to know what's happening to the money!
The Associated Press contacted 21 banks that received at least $1 billion in government money and asked four questions: How much has been spent? What was it spent on? How much is being held in savings, and what's the plan for the rest? None of the banks provided specific answers. "We're not providing dollar-in, dollar-out tracking," said Barry Koling, a spokesman for Atlanta, Georgia-based SunTrust Banks Inc., which got $3.5 billion in taxpayer dollars.
They're not tracking it you see.
Some banks said they simply didn't know where the money was going.
"We manage our capital in its aggregate," said Regions Financial Corp. spokesman Tim Deighton, who said the Birmingham, Alabama-based company is not tracking how it is spending the $3.5 billion it received as part of the financial bailout. The answers highlight the secrecy surrounding the Troubled Asset Relief Program, which earmarked $700 billion about the size of the Netherlands' economy to help rescue the financial industry.
I read the article at the time where a woman at the Treasury Department said, when she was asked how they picked the number, she said we just wanted a nice big sum. They had nothing to go on, to even pick $700 billion, nothing! Nothing, not even a graph, they usually pull out graphs and charts to try and confuse you all, they didn't even have that ready, nothing at all. Just picked $700 billion, “a nice big sum”. It says:
to help rescue the financial industry. The Treasury Department has been using the money to buy stock in U.S. banks, hoping that the sudden inflow of cash will get banks to start lending money. There has been no accounting of how banks spend that money. Lawmakers summoned bank executives to Capitol Hill last month and implored them to lend the money — not to hoard it or spend it on corporate bonuses, junkets or to buy other banks. But there is no process in place to make sure that's happening and there are no consequences for banks who don't comply.
This is a great deal eh? What a great deal if you're in that kind of business! Where government just throws billions of dollars at you and then kind of, sheepishly, asks you to keep them informed as to how you're spending it and you say to the government "no" ha-ha! I'll be back with more, after this break.
=== BREAK ===
Hi folks, I'm Alan Watt and we're Cutting Through The Matrix, reading an article from Yahoo, which is going on about the fact that these guys getting all the big bailouts don't have to tell the government what they're doing with the cash! It's wonderful isn't it, if you're up there with them and their big fancy office suites and wearing their big expensive clothes and so on. They must be laughing up their sleeves at the tax payers, the tax payers that did all the right things. The person at the bottom does all the right things, they try to save a little bit of cash up and buy a home and do all the right things, but the big gamblers at the top destroy it all for them and then the guys at the bottom have to lose their homes, to pay for the tax for by these big gamblers at the top, so that they can live the same lifestyle and carry on as usual. It's not bad; it's not a bad deal. It's called Fascism by the way, they always loot the public, every 50-100 years; this is traditional, in this system. To continue with the article, it says:
"It is entirely appropriate for the American people to know how their taxpayer dollars are being spent in private industry," said Elizabeth Warren, the top congressional watchdog overseeing the financial bailout.
They always have them voicing what you voice yourself you see.
But, at least for now, there's no way for taxpayers to find that out. Pressured by the Bush administration to approve the money quickly, Congress attached nearly no strings on the $700 billion bailout in October. And the Treasury Department, which doles out the money, never asked banks how it would be spent.
I know people who were paid a little bit more on their welfare in Ontario Canada, after their unemployment insurance ran out, and the Government seized their bank account right away; seized it. These guys get billions and they don't even have to fill in forms as to where the money's going. One for the rich and one for the poor eh? It says:
"Those are legitimate questions that should have been asked on Day One," said Rep. Scott Garrett, a Republican House Financial Services Committee member who opposed the bailout as it was rushed through Congress. "Where is the money going to go to? How is it going to be spent? When are we going to get a record on it?" Nearly every bank AP questioned —including Citibank and Bank of America, two of the largest recipients of bailout money — responded with generic public relations statements explaining that the money was being used to strengthen balance sheets
Probably with steel girders.
and continue making loans to ease the credit crisis. A few banks described company-specific programs, such as JPMorgan Chase's plan to lend $5 billion to non profit and health care companies next year. Richard Becker, senior vice president of Wisconsin-based Marshall & Ilsley Corp., said the $1.75 billion in bailout money allowed the bank to temporarily stop foreclosing on homes.
Temporarily stop? Are they expecting another bailout?
But no bank provided even the most basic accounting for the federal money. "We're choosing not to disclose that," said Kevin Heine, spokesman for Bank of New York Mellon, which received about $3 billion.
That's not bad isn't it? Not bad at all.
Others said the money couldn't be tracked. Bob Denham, a spokesman for North Carolina-based BB&T Corp., said the bailout money "doesn't have its own bucket." But he said taxpayer money wasn't used in the bank's recent purchase of a Florida insurance company.
Asked how he could be sure, since the money wasn't being tracked, Denham said the bank would have made that deal regardless.
Others, such as Morgan Stanley spokeswoman Carissa Ramirez, offered to discuss the matter with reporters on condition of anonymity!
Ha-ha! Ah, life is such a cruel, sick farcical joke but it's run by very clever shysters at the top.
That's the music playing for the foreclosure of tonight, so, from Hamish and myself, in Ontario, Canada, it’s goodnight and may your god, or your gods, go with you.
Transcribed by Bill Scott.
Topics of show
covered in following links:
"Glaxo Prepares Work Force For Worst-Case Flu Scenario" by Peter Loftus of DOW JONES NEWSWIRES (at flutrackers.com) - Dec. 23, 2008.
" 'Killer' Australian flu strain set to spread across UK, experts warn" (dailymail.co.uk) - Dec. 29, 2008.
"Researchers unlock secrets of 1918 flu pandemic" (reuters.com) - Dec. 29, 2008.
"Influenza: Battling The Last Great Virus" [Unearthing a deadly mystery] CBC - Broadcast Date: March 21, 1997.
"Where'd the bailout money go? Shhhh, it's a secret" The Associated Press (iht.com) - Dec. 22, 2008.