US To Declare October Independant Source ‘Economic Emergency’, Suspend Elections

[QUESTINY]

Sorry it should say, "Independent Source said the US may declare Economic Emergency"


An ex bank owner who had a bank in Hong Kong told me independently (besides the Sorchia Faal article) and without solicitation that an Economic Emergency is planned to take place in the US IF (the person did say IF) the markets cannot stabilize. The US government has put in well over $100 billion to keep the markets from seizing. The biggest concern given was that the amount of volume associated with today's trades on the downside. It was well over 1 billion shares traded today just on the downside.

I find it interesting on the heels of the Sorchia Faal article. This individual does live in Asia.

I am just passing it along.

[Zarathustra]

wow

[GregorArturo]

Thanks for sharing Questiny, and hopefully no one drops any dis-info bombs on you. Thanks for also being clear!

Oh, if you include Fannie Mae and Freddie Mac, supposedly it's up to $200 billion to rescue the companies, or was, I don't know, it's not really clear, but some economists have estimates up to $2.5 trillion in the long run (2008 US Budget is 'supposedly' $2.66 trillon). So really it's more like $285 billion they've dropped so far which is almost 11% of the projected budget, $240 billion already which we didn't have (in terms of income, $2.42 trillion, from taxes).

[QUESTINY]

Thanks for sharing Questiny, and hopefully no one drops any dis-info bombs on you. Thanks for also being clear!



This individual has been know to panic in the past. But I still wanted to pass it along due to the connections this person has. If it were true it most likely would come from this person.

[bluestix]

An ex bank owner who had a bank in Hong Kong told me independently (besides the Sorchia Faal article) and without solicitation that an Economic Emergency is planned to take place in the US IF (the person did say IF) the markets cannot stabilize.


"We have lost control," said Hale, quoting Bernanke. "We cannot stabilize the dollar. We cannot control commodity prices."


http://www.chicagotribune.com/business/chi-wed_oilsep17,0,4833605.story

[Zarathustra]

Thanks for sharing Questiny, and hopefully no one drops any dis-info bombs on you. Thanks for also being clear!

Oh, if you include Fannie Mae and Freddie Mac, supposedly it's up to $200 billion to rescue the companies, or was, I don't know, it's not really clear, but some economists have estimates up to $2.5 trillion in the long run (2008 US Budget is 'supposedly' $2.66 trillon). So really it's more like $285 billion they've dropped so far which is almost 11% of the projected budget, $240 billion already which we didn't have (in terms of income, $2.42 trillion, from taxes).


The 2.5 trillion you mention may not be "long term" since many estimate that to be the amount of "toxic" securities that Fannie and Freddie held, now transferred to the Fed. If that figure is true, I can't imagine that the "reckoning" can be staved off for very long.

[QUESTINY]

"We have lost control," said Hale, quoting Bernanke. "We cannot stabilize the dollar. We cannot control commodity prices."


http://www.chicagotribune.com/business/chi-wed_oilsep17,0,4833605.story

Well that wasn't helpful:)

I'd rather sit by the campfire singing Cumbia with all of you giving group hugs.

[QUESTINY]

This was just sent to me: I will start a thread on this too.


DHS: Terror operation in U.S., Europe possibly imminent
Just a heads up. Practice your situational awareness and be alert. This may amount to nothing more than propaganda, as asserted in the alert, it still behooves us to be aware and ready for anything.



http://www.homelandsecurityus.com/

Intelligence: Terror operation in U.S., Europe possibly imminent

Islamic terrorist operatives reportedly dispatched, in place, and possibly ready to execute terrorist operation in U.S., Europe

"Pray for the successes of our brothers in America & Europe. Expect 'good news' soon." Posted by Arabic speaking Islamic terrorist supporter

By Douglas J. Hagmann, Director

17 September 2008: A disturbing communication posted in a high level Arabic language forum suggests that some type of terrorist operation is currently underway, targeting sites within the United States and Europe. According to information developed within the last 24 hours by a deep-cover intelligence operative, Islamic terrorists have been dispatched to the U.S. and Europe and may be in place, preparing to execute unspecified terrorist attacks within the U.S. and Europe.

Neither the targets nor the types of attacks were able to be identified from an analysis of the communications, although it appears possible that the European and American operations could be conducted in tandem. Also unclear is the timetable of potential attacks, although the wording pertaining to the "anticipated celebration" of the success of such attacks suggests that they will be carried out within the next few days.

While many such threats by Islamic terrorists are published constantly and end up being nothing more than propaganda, it is important to note that the origin and nature of the communications isolated here meet a significantly higher standard of evidence for threat evaluation purposes. As such, it is the recommendation of this agency that individual awareness of any suspicious activity be stepped up accordingly, and immediately reported to the appropriate law enforcement agency.

Increased vigilance by law enforcement and security professionals is also urged, especially at areas of likely "hard" targets such as our infrastructure.

[bluestix]

Well that wasn't helpful:)

I'd rather sit by the campfire singing Cumbia with all of you giving group hugs.

:wub2:

We love you all and always will.

[QUESTINY]

The Asian markets are tanking. Nikkei down 371.

[Blueswordangel]

The beginning of the End is Near
Behold The New Golden Ages
So Be It

[Zarathustra]

This was just sent to me: I will start a thread on this too.


DHS: Terror operation in U.S., Europe possibly imminent
Just a heads up. Practice your situational awareness and be alert. This may amount to nothing more than propaganda, as asserted in the alert, it still behooves us to be aware and ready for anything.



http://www.homelandsecurityus.com/

Intelligence: Terror operation in U.S., Europe possibly imminent

Islamic terrorist operatives reportedly dispatched, in place, and possibly ready to execute terrorist operation in U.S., Europe

"Pray for the successes of our brothers in America & Europe. Expect 'good news' soon." Posted by Arabic speaking Islamic terrorist supporter

By Douglas J. Hagmann, Director

17 September 2008: A disturbing communication posted in a high level Arabic language forum suggests that some type of terrorist operation is currently underway, targeting sites within the United States and Europe. According to information developed within the last 24 hours by a deep-cover intelligence operative, Islamic terrorists have been dispatched to the U.S. and Europe and may be in place, preparing to execute unspecified terrorist attacks within the U.S. and Europe.

Neither the targets nor the types of attacks were able to be identified from an analysis of the communications, although it appears possible that the European and American operations could be conducted in tandem. Also unclear is the timetable of potential attacks, although the wording pertaining to the "anticipated celebration" of the success of such attacks suggests that they will be carried out within the next few days.

While many such threats by Islamic terrorists are published constantly and end up being nothing more than propaganda, it is important to note that the origin and nature of the communications isolated here meet a significantly higher standard of evidence for threat evaluation purposes. As such, it is the recommendation of this agency that individual awareness of any suspicious activity be stepped up accordingly, and immediately reported to the appropriate law enforcement agency.

Increased vigilance by law enforcement and security professionals is also urged, especially at areas of likely "hard" targets such as our infrastructure.

smells like "false flag"

[TranceAm]

smells like "false flag"

Agree, why advertise what needs to shock in surprise from a "terrorist" point of view?

[Antaletriangle]

http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article4775065.ece
Fears of further financial casualties abound
Morgan Stanley shares plummet by more than 40 per cent while the US Government tries to arrange rescue of WaMuSusan Thompson and agencies

The 'domino effect'-mass panics ensue and once panic sets in anything is fair game-'rules' go out the window.

[QUESTINY]

Keep your eye on an announcement very soon regarding a Swiss bank going down.

[GregorArturo]

I feel like we're on our own trading floor of Wall Street with a dash of the Chicago Tribune newsroom haha.

"Terrorist attack, imminent, imminent!"
"Where, Where? I need to know where damnit!"
"U.S., Europe, U.S., Europe"
"Eh, false flag drop it, go with the Asia Market"
"The asia markets crashing!"
"Damnit, it looks like Morgan Stanley then."

[Mike_Jetson]

I feel like we're on our own trading floor of Wall Street with a dash of the Chicago Tribune newsroom haha.

"Terrorist attack, imminent, imminent!"
"Where, Where? I need to know where damnit!"
"U.S., Europe, U.S., Europe"
"Eh, false flag drop it, go with the Asia Market"
"The asia markets crashing!"
"Damnit, it looks like Morgan Stanley then."

Yeah totallly.

We're all over the place. The words 'headless' and 'chickens' spring to mind :D

[sunnyrap]

:lmao:

I soooo appreciate the keen wits and healthy senses of humor in the face of all the 'intelligence' tsunamis that break over us.

[mudhog92]

Yup, I smell false flag, which equals diversion from the problem of $$$$, or lack of it. I'm going to the bank today and pulling all my money. It's doing nothing in there anyway except losing value! Buy some silver and food with it, that's tangible!

[Carrie Todd]

At least you have money in an account to pull out. This economy has caused my "living pay check to pay check" to have a whole new meaning. "It's the end of the world as we know it." (but I feel fine)

[jonathan Burke]

I trade daily on the Forex, Commodities, and Stock markets. I'll post a screen shot of the software I use based off of Elliott Wave tech. that shows the DOW's market direction.

Currently the DOW is tanking.

jonathan

[QUESTINY]

I trade daily on the Forex, Commodities, and Stock markets. I'll post a screen shot of the software I use based off of Elliott Wave tech. that shows the DOW's market direction.

Currently the DOW is tanking.

jonathan

Jonathan. You need to make a thread on Elliot Wave. Or would you like me to do it? I think this is very important to understand how this too affects the markets.

I used to trade Forex through FXCM. I got killed!!! If your making money you a smarter at it than me.

[jonathan Burke]

I have thread on using Elliottwave tech. and my trades with it here.

This is the most current page on the thread.:

http://forums.elliottician.com/index.php?topic=242.240


I have a yahoo group on my trading plan here. The trading plan part two is usable without the Elliott wave software I use, but I am always happy to do wave charts for people on request in our chat room which is the second link below...


The trading plan and group here, The files section contains the trading plan part 2 and all directions.

http://finance.groups.yahoo.com/group/Elliottwave-Camarilla-Line-Trading-Plan/

our chat room which is mostly mornings is here:

www.tradingrooms.com

Download the software, register, run the trading room app and look under the community trading rooms tab for RET and RET Pro, RET is Elliott wave software we use.

Any other questions, look for a new NOOB to Elliottwave Thread in the forum here under the finance heading. I'll answer any and all questions for ya.

Jonathan

[Ampgod]

I, personally, would get out of the stock market as soon as possible.


Ampgod

[QUESTINY]

I, personally, would get out of the stock market as soon as possible.


Ampgod

I did that last November. That's the money I used to buy the farm. No pun intended.

[jonathan Burke]

I started a new thread on elliott wave. In the economic section.

http://www.projectavalon.net/forum/showthread.php?t=2555

FYI.

Jonathan

[Rocky_Shorz]

wow, they shut down short sales which means no one can buy a million shares and dump them before the money needs to be paid. Allowing individuals to affect the market in major ways without even having money...

Today the US market has remained even, Russia was smart and didn't even open today waiting for the US to stabilize.

Will the day we have had be mirrored around the world that this crisis is finally over?

Will an investigation be done into who was yanking the strings on the market with these short sales?

Terrorism on a global scale...

[tandiwe]

Sorry it should say, "Independent Source said the US may declare Economic Emergency"

I find it interesting on the heels of the Sorchia Faal article. This individual does live in Asia.

I am just passing it along.

hey, just wondering where I can find this article?

thx, tandi

[bluestix]

hey, just wondering where I can find this article?

thx, tandi

http://www.whatdoesitmean.com/index1141.htm

[bluestix]

hey, just wondering where I can find this article?

thx, tandi


Here is the other thread about the article (http://www.projectavalon.net/forum/showthread.php?t=2159)

[jonathan Burke]

wow, they shut down short sales which means no one can buy a million shares and dump them before the money needs to be paid. Allowing individuals to affect the market in major ways without even having money...

Today the US market has remained even, Russia was smart and didn't even open today waiting for the US to stabilize.

Will the day we have had be mirrored around the world that this crisis is finally over?

Will an investigation be done into who was yanking the strings on the market with these short sales?

Terrorism on a global scale...

We have yet to see the ARM rates readjust on Sep. 30th.


As a trader, we aren't even close to out of the woods yet. This week will be tame to the next 4 weeks to come. Especially with Non-Farm Payroll On the 3rd of October. It was horrible last month. September's numbers with this fallout will be in that event.

Per my Elliott wave analysis, the DOW may hit 8000 in the next week or two.

Uggh!


Jonathan

:(

[Myra]

At least you have money in an account to pull out. This economy has caused my "living pay check to pay check" to have a whole new meaning. "It's the end of the world as we know it." (but I feel fine)

You too? :sad: Well at least I don't feel alone.

[Rocky_Shorz]

We have yet to see the ARM rates readjust on Sep. 30th.


As a trader, we aren't even close to out of the woods yet. This week will be tame to the next 4 weeks to come. Especially with Non-Farm Payroll On the 3rd of October. It was horrible last month. September's numbers with this fallout will be in that event.

Per my Elliott wave analysis, the DOW may hit 8000 in the next week or two.

Uggh!


Jonathan

:(

I'm not so sure, they are making some pretty quick moves now to prevent such a fallout, and hey, we can always do what Russia did.

Suspend the market and leave it closed...