Illuminati Card Game
While hiding in South America, Dictator Hussein Obama Soetoro "ignored" the Made-In_USA exploding nuke plant at Fukushima, then pulled 200,000 US military troops out of occupied Japan as radioactive fallout descended on USA and is now in cow milk. Barry Soetoro is a citizen of the military dictatorship of Indonesia (sworn enemy and economic competitor of Japan). Even Barry's friend -- the Demoratic governor of Hawaii -- admits Barry was never born in USA. Donald Trump demands to see Barry missing birth certificate, that all courts including the US Supreme Court agree must never see the light of day in court, to ensure the Communist overthrow of USA for the kosher New World Odor.
Visible Nuke Death Rays are now shooting from the Fukushima nuclear plant disaster, and blue lights from "criticality events" are seen by dead and dying workers, at what may become a permanent "Nuclear Volcano" spewing radiation worldwide... Thank Buddah that MotoGP teams are selling t-shirts!
General Electric's Fukushima Mark 1 reactors are not only made in uSA, they're IN USA today... Military Industrial Complex killer GE owns MSNBC TV.
Now that Dictator Hussein Obama owns Govt Motors and Harley Davidson, the Pentagon's job is to eliminate its foreign competition...just like Obama eliminated Buell.
Read the Jap Disasters Archive for all the news They don't want you to know about the controlled demolition of the Japanese economy by the New World Order global dictatorship of the kosher banksters and their minions.
Japan Quake: Motorcycle Production News
2011 Japanese Earthquake
Japan is continuing its relief efforts, attempting to recover from March 11's 9.0 magnitude earthquake, which subsequently triggered a tsunami in the Northeastern region of the country north of Tokyo.
As of Friday, the death toll is more than 7,000, and there are over 10,000 people missing. There is also fear of a nuclear power-plant meltdown due to the quake.
Following are some updates from the Big Four in the Motorcycle industry (Honda, Suzuki, Yamaha, Kawasaki) regarding operations after the Japan Earthquake and subsequent tsunami.
Suzuki Motorcycles
All Japanense manufacturing facilities are closed until March 21. The emergency situation due to the Japan Earthquake will be reassessed next week to determine when the plants will re-open.
Suzuki's production buildings are about 150 miles south of Tokyo, and weren't damaged due to the earthquake. But Suzuki co-partnered with the "Rolling Power Blackouts," which conserves energy to help prevent a blackout.
Five Suzuki facilities are closed, including Takatsuka and Toyokawa, where motorcycles are assembled.
Suzuki has also donated 30 million yen to the Japanese Red Cross to help the recovery effort.
Kawasaki Motorcycles
UltimateMotorcycling.com received a message from Kawasaki Motors Corp., USA, which was sent to all its dealers last week. The message, written by Kawasaki President Tak Terahishi, stated the following:
"Many of you have called conveying your thoughts and prayers for Kawasaki's staff and family members in Japan, as well as the hundreds of thousands of Japanese citizens who have been affected by this tragedy. Your concern is both appreciated and heartfelt.
"The primary disaster area is centered near Sendai, which is 185 miles northeast of Tokyo. Kawasaki's Akashi factory is located 400 miles southwest of that location. Fortunately, the Akashi/Kobe area where KHI offices and factory are located did not experience any direct effects from the earthquake.
"The people of Japan will continue to face immediate hardships; the situation there is changing daily.
"The companies that operate there, like Kawasaki, will continue to monitor the situation and will be prepared to adjust business operations as dictated by circumstances.
"Again, we want to thank you for your concerns. As more information becomes available we will provide you with updates."
Yamaha Motorcycles
Yamaha Motor Company reported last week that there was no damage to its facilities, which include five motorcycle factories. But the motorcycle production facilities will remain closed until March 23 as part of the "Rolling Power Blackouts."
Yamaha reported it will reassess the situation on March 23, and will decide if it will go back to production.
To assist in the Japan quake recovery effort, Yamaha donated thousands of items, including water, meal, surgical masks, portable toilets, blankets, electric bicycles and generators.
Honda Motorcycles
Due to the relief effort in Northeastern Japan from to the Earthquake and subsequent Tsunami, Honda has extended the suspension of production until March 23 at three factories.
This includes the Kumamoto Factory, where Honda manufactures motorcycles (the CBR600, the VFR1200F, the DN-01 and the Super Cub).
Honda, who originally planned to restart production in these plants on March 20, says that from March 24 on it will make decisions "based on the status of the recovery of parts supply as well as Japanese society as a whole."
To help out Japan Earthquake victims, Honda also supported its country with the following aid:
・ 300 million yen toward the relief and recovery effort.
・ A total of 1,000 generators (gasoline-powered and home-use gas canister-powered), along with 5,000 gas canisters. Honda also will dispatch its staff to explain how to use the donated generators.
Neutron beam observed 13 times at crippled Fukushima nuke plant
Electric Power Co. said Wednesday it has observed a neutron beam, a kind of radioactive ray, 13 times on the premises of the Fukushima Daiichi nuclear plant after it was crippled by the massive March 11 quake-tsunami disaster.
TEPCO, the operator of the nuclear plant, said the neutron beam measured about 1.5 kilometers southwest of the plant’s No. 1 and 2 reactors over three days from March 13 and is equivalent to 0.01 to 0.02 microsieverts per hour and that this is not a dangerous level.
The utility firm said it will measure uranium and plutonium, which could emit a neutron beam, as well.
In the 1999 criticality accident at a nuclear fuel processing plant run by JCO Co. in Tokaimura, Ibaraki Prefecture, uranium broke apart continually in nuclear fission, causing a massive amount of neutron beams.
In the latest case at the Fukushima Daiichi nuclear plant, such a criticality accident has yet to happen.
But the measured neutron beam may be evidence that uranium and plutonium leaked from the plant’s nuclear reactors and spent nuclear fuels have discharged a small amount of neutron beams through nuclear fission.
Fukushima: Mark 1 Nuclear Reactor Design Caused GE Scientist To Quit In Protest
Damaged Japanese Nuclear Plant Has Five Mark 1 Reactors
Thirty-five years ago, Dale G. Bridenbaugh and two of his colleagues at General Electric resigned from their jobs after becoming increasingly convinced that the nuclear reactor design they were reviewing -- the Mark 1 -- was so flawed it could lead to a devastating accident.
Questions persisted for decades about the ability of the Mark 1 to handle the immense pressures that would result if the reactor lost cooling power, and today that design is being put to the ultimate test in Japan. Five of the six reactors at the Fukushima Daiichi plant, which has been wracked since Friday's earthquake with explosions and radiation leaks, are Mark 1s.
"The problems we identified in 1975 were that, in doing the design of the containment, they did not take into account the dynamic loads that could be experienced with a loss of coolant," Bridenbaugh told ABC News in an interview. "The impact loads the containment would receive by this very rapid release of energy could tear the containment apart and create an uncontrolled release."
The situation on the ground at the Fukushima Daiichi plant is so fluid, and the details of what is unfolding are so murky, that it may be days or even weeks before anyone knows how the Mark 1 containment system performed in the face of a devastating combination of natural disasters.
But the ability of the containment to withstand the events that have cascaded from what nuclear experts call a "station blackout" -- where the loss of power has crippled the reactor's cooling system -- will be a crucial question as policy makers re-examine the safety issues that surround nuclear power, and specifically the continued use of what is now one of the oldest types of nuclear reactors still operating.
GE told ABC News the reactors have "a proven track record of performing reliably and safely for more than 40 years" and "performed as designed," even after the shock of a 9.0 earthquake.
Still, concerns about the Mark 1 design have resurfaced occasionally in the years since Bridenbaugh came forward. In 1986, for instance, Harold Denton, then the director of NRC's Office of Nuclear Reactor Regulation, spoke critically about the design during an industry conference.
"I don't have the same warm feeling about GE containment that I do about the larger dry containments,'' he said, according to a report at the time that was referenced Tuesday in The Washington Post.
"There is a wide spectrum of ability to cope with severe accidents at GE plants,'' Denton said. "And I urge you to think seriously about the ability to cope with such an event if it occurred at your plant.''
Pentagon nuked Japan at least twice, nuked USA 1.050 times
Tsunami bomb NZ's devastating war secret
Top-secret wartime experiments were conducted off the coast of Auckland to perfect a tidal wave bomb, declassified files reveal.
An Auckland University professor seconded to the Army set off a series of underwater explosions triggering mini-tidal waves at Whangaparaoa in 1944 and 1945.
Professor Thomas Leech's work was considered so significant that United States defence chiefs said that if the project had been completed before the end of the war it could have played a role as effective as that of the atom bomb.
Details of the tsunami bomb, known as Project Seal, are contained in 53-year-old documents released by the Ministry of Foreign Affairs and Trade.
Papers stamped "top secret" show the US and British military were eager for Seal to be developed in the post-war years too. They even considered sending Professor Leech to Bikini Atoll to view the US nuclear tests and see if they had any application to his work.
He did not make the visit, although a member of the US board of assessors of atomic tests, Dr Karl Compton, was sent to New Zealand.
"Dr Compton is impressed with Professor Leech's deductions on the Seal project and is prepared to recommend to the Joint Chiefs of Staff that all technical data from the test relevant to the Seal project should be made available to the New Zealand Government for further study by Professor Leech," said a July 1946 letter from Washington to Wellington.
Professor Leech, who died in his native Australia in 1973, was the university's dean of engineering from 1940 to 1950.
News of his being awarded a CBE in 1947 for research on a weapon led to speculation in newspapers around the world about what was being developed.
Though high-ranking New Zealand and US officers spoke out in support of the research, no details of it were released because the work was on-going.
A former colleague of Professor Leech, Neil Kirton, told the Weekend Herald that the experiments involved laying a pattern of explosives underwater to create a tsunami.
Small-scale explosions were carried out in the Pacific and off Whangaparaoa, which at the time was controlled by the Army.
It is unclear what happened to Project Seal once the final report was forwarded to Wellington Defence Headquarters late in the 1940s.
The bomb was never tested on a full scale, and Mr Kirton doubts that Aucklanders would have noticed the trials.
"Whether it could ever be resurrected ... Under some circumstances I think it could be devastating."
Above Top Secret: Fukushima hit by Tsunami Bomb
Project Seal ( also known as the Tsunami bomb) was a programme by the New Zealand military to develop a weapon that could create destructive tsunamis. This weapon was tested in Whangaparaoa off the coast of Auckland between 1944-1945. The experiments were conducted by Professor Thomas Leech. British and US defence chiefs were eager to see it developed and it was considered as important as the atomic bomb. The weapon was only tested using small explosions and never on a full scale. If it were to be fully produced and used, it would have created huge amounts of damage to coastal cities; it could have even been used with a nuclear charge. After 4000 test explosions over a seven-month period, none of which generated an appreciable tsunami, the project was closed down when it was determined that there were errors in the theoretical basis of the plan. The top secret documents on Project Seal were only declassified in 1999. A copy of the declassified report is available to the public at the Scripps Institution Of Oceanography Library in San Diego, California. Portions of the report can be viewed online at www.centerforufotruth.org... in the Shared Documents section.
What's Dick Cheney's and Don Rumsfeld's alibi?
SPECIAL COMMITTEE ON DECOLONIZATION CALLS ON UNITED STATES TO EXPEDITE
United Nations General Assembly
GA/COL/3160
Department of Public Information • News and Media Division • New York
Special Committee on
Decolonization
14 June 2007
ALEDIA CENTENO RODRIGUEZ, Frente Patriotico Arecibeño, said her organization had spoken last year on the United States strategy to authorize a nuclear weapons production facility in Puerto Rico, in violation of the Treaty on the Non-Proliferation of Nuclear Weapons. She explained that Arecibo was home to the Arecibo National Astronomy and Ionospheric Centre (NAIC), which was used as an “ionospheric heater” [an array of antennae which are used for heating the uppermost part of the atmosphere]. Arecibo was also mentioned as a test-site for the High Frequency Active Auroral Research Programme (HAARP), in a patent filed by an individual in the United States, to conducted experiments related to ionospheric manipulation. HAARP could function as an anti-missile and anti-aircraft defence system, permit interception and disruption of communications, weather and submarine and subterranean communications, among other things. The HAARP patent papers also stated that the invention could “simulate and perform the same function as performed by the detonation of a heavy type nuclear device”.
She said Arecibo was also mentioned in connection with the Puerto Rico Karst Conservation Act, which included authorization for the deployment of a nuclear weapons production facility. Aerial photos taken in the region showed antenna-like devices directed towards the ground, present since the mid-1990s. The citizens of Arecibo had not been made aware of the consequences or possible effects of those atmospheric experiments. Statements found in the literature regarding those experiments admit to the use of laser rays aimed at the atmosphere and there have been witnesses to the use of such rays for decades. There was a high rate of cancer cases of unknown origin in that region.
She said documents from the United States Department of Defence and Energy, and the National Nuclear Security Administration appeared to be directed to the use of Puerto Rican territory for the production of nuclear weapons. On 17 May, a United States House Bill on the safety for Americans from nuclear weapons testing was introduced, which states that “alternate locations for nuclear testing were being considered”. The bill also stated that the Department of Energy, acting under the National Environmental Policy Act, would be responsible for handling cases of contamination in the United States. In addition, Puerto Rico was designated as a territory under the purview of the Radiological Assistance Programme, which was ready to intervene in cases of radioactive contamination. It would seem that that entity was in charge of the well-being of the people of Puerto Rico in case of a nuclear accident.
VIDEO: MAN MADE HAARP = JAPANESE EARTHQUAKE TSUNAMI 11 MARCH 2011
Video: Jap earthquake produces blue lights
“Event Contracts”?? Are You Kidding Me??
Recently, a female caller phoned in to Alex Jones’ radio show as he was interviewing George Noory. She was obviously excited about sharing a government CFTC website link. Unfortunately, Jones ignored her story – so she persevered and called into Noory’s Coast to Coast show. Here is the call:
Caller was Michelle Foy, US Army paratrooper veteran.
The website the caller was referencing is:
http://cftc.gov/ucm/groups/public/@lrfederalregister/documents/frcomment/08-004c002.pdf
It is a 35 page document given to the Commodity Futures Trading Commission pursuant to their request for “Public Input on Possible Regulations of “Event Contracts.” It was authored by a woman named Andrea Psoras, who at the time (May 5, 2008) appears to have been employed by an international corporation named QEDI International.
According to their official website, QEDI is a strategic, “valued partner” to BP oil (as well as many other big oil companies).
http://www.qed-i.com/QediValuedPartners/ValuedPartnerBP.aspx
QEDI would be responsible for providing risk assessment data to major insurance companies like AIG, or Lloyds of London, for such operations as TransOcean/BP’s DeepWater Horizon project in the Gulf.
Andrea Psoras wrote to the CFTC on May 5, 2008. Could it be that she was whistleblowing without naming names in QEDI? This appears to be likely, as it seems that Ms. Psoras is no longer currently employed at QEDI. One can only speculate as to why she left.
Indeed, just as the “moral hazard” Ms. Psoras outlined in her 35-page “input paper” – Goldman Sachs placed substantial “Commodity Futures” on BP, and TransOcean stocks, and made untold billions via “put options” on the disaster.
I submit that Ms. Psoras had information and a strong reason to believe that such a dastardly event was not only being contemplated by highly corrupt individuals in the “Commodity Futures” market, but was actually being planned and formulated at a very high level. Thus, she voiced her “vigorous opposition” to the planned activities.
The actions of Goldman Sachs, et. al. appear to be nothing less than the contemptible, pre-meditated murder of the Gulf of Mexico.
Thank you, Ms. Andrea Psoras, for taking a strong stand, and for accepting the consequences of your actions.
The salient question, then, is what other massive “Event Contracts” (such as 9/11/2001) could be waiting in the wings for the gullible sheeple of American to endure? Should America be concerned, as Ms. Psoras obviously is, about high-tech weapons including earthquake generators in the hands of corrupt and heartless individuals? Wouldn’t a massive earthquake generated specifically at the “New Madrid Fault Zone” result in the grand-daddy of all “Event Contracts” – as it would involve a “natural attack” on America of biblical proportions?
According to the following website, in the summer of 2009, FEMA has bestowed a mult-million dollar grant to the U.S. Army Corps of Engineers to prepare a massive report of what could be expected if an earthquake of 7.7 magnitude or greater hit the New Madrid Fault Line. In other words, this is in reality a massive “Event Contract” involving the destruction and death of 8 States – Illinois, Missouri, Indiana, Kentucky, Arkansas, Tennessee, Alabama, and Mississippi. The “epicenter” of this “Event Contract”? Beebe Arkansas. Has there been anomalies consistent with Tesla Weapon deployment (strange weather, dead birds, etc.)?? Indeed there has.
https://www.ideals.illinois.edu/bitstream/handle/2142/14810/ImpactofNewMadridSeismicZoneEarthquakeso%20theCentral%20USAVol1.pdf?sequence=3
Take a close look at who has “partnered” up to produce this “Event Contract”. Virginia Tech University is prominently involved. Remember Virginia Tech? This is were the Ft. Hood shooter, one “Major” Nidal Hasan was schooled and trained.
DARPA has MAJOR connections (other than Major Hasan) with VT, just do a Goggle search on DARPA and Virginia Tech…..
Example:
“The Department of Defense (DoD) today announced the selection of Regina E. Dugan as the 19th director of the Defense Advanced Research Projects Agency (DARPA)…..Dugan earned her doctorate in mechanical engineering from the California Institute of Technology and her master’s and bachelor’s degrees from Virginia Tech.”
-DOD Press release
http://www.defenselink.mil/releases/release.aspx?releaseid=12784
DARPA – Virgina Tech produced psycho shooters Seung-Hui Cho, Malik Nadal Hasan, and now is the epicenter for the “Event Contract” of the “Mid-American Earthquake Center”? Doesn’t anyone but me find this highly unusual and eerie?
Concerning Virginia Tech, mind-control victim and author/lecturer Cathy O’Brien correctly declared: “Virginia Tech is good for two things, engineering and mind control.”
http://www.rense.com/general77/buttmt.htm
Seung-Hui Cho, and Malik Nadal Hasan are individuals of Oriental and Middle-Eastern extraction respectively. What are some of the names of the DARPA Virginia Tech Earthquake Research Team commissioned by FEMA? Try these names on for size:
Amr S. Elnashai, Project Principal Investigator
Arif Masud, Co-Investigator
Anisa Como, Lead Researcher
Junho Song, Technical Advisor
Liang Chang, Analyst
Can Ünen, Analyst
Bora Genctürk, Analyst
Fikri Acar, Anlayst
Adel Abdelnaby, Analyst
Hyun-Woo Lim, Analyst
Jong Sung Lee, GIS Analyst
Meghna Dutta, GIS Analyst
Jessica Vlna, Administrator
Breanne Ertmer, Administrator
Nasiba Alrawi, Information Technology Coordinator
Ashutosh Madhukar, Research Associate
Dilek Özceylan, Research Associate
Sarp Yeletasi, Research Associate
These individuals work for something called the “Center for Technology, Security and Policy at Virginia Tech University” and EVERYONE OF THEM are making BIG MONEY preparing this catastrophic “Event Contract” for FEMA and the boys at DARPA. Does this concern ANYONE but me???
Look at the names. How many American heartland names such as Smith, Jones, etc. do you see?? Go ahead, call me a bigoted racist if you want, but this rings too much of Seung-Hui Cho, and Malik Nadal Hasan, frankly. What’s in a name? In this case, I submit, EVERYTHING!!!
This, folks is your WAKE-UP CALL, in the spirit of Paul Revere.
Comments
Event contracts are the alternate name for CAT funds. That’s correct,the weasels are trading in catastrophes. If HAARP is doing what we think it is, this will be a giant SUK.
From GTJohn: “I ran 11/9 to see what happened on that date in history, since this
year’s November 9th will be 11-9-11. The two things that stand out in particular
are the following:
> 1720 – The synagogue of Yehudah he-Hasid was burned down by Arab creditors,
leading to the expulsion of the ASHKENAZIM from Jerusalem [!!!]. Note this in
context of recent discussions about The Dome Of The Rock. Is this year the year
of their final revenge???
“Rebuilding one of Jerusalem’s ruins would also have SYMBOLIC KABBALISTIC
SIGNIFICANCE. The “repairing” of an earlier destruction [The synagogue of
Yehudah he-Hasid] would represent the first step of rebuilding the entire city,
A PREREQUISITE FOR THE ARRIVAL OF THE MESSIAH.”
Hurva Synagogue (Of The Ashkenazim)
http://en.wikipedia.org/wiki/Hurva_Synagogue
>The Significance of November 9th In German History
November 9th In German History
http://en.wikipedia.org/wiki/Schicksalstag
*NOTE: Genesis 9:11.
It is of PARTICULAR interest to our recent discussion of a new, NEW
MADRID EVENT:
“And I will establish my covenant with you, neither shall ALL flesh be
cut off any more by the waters of a flood; neither shall there any more
be a flood to destroy the earth.”
I agree with GTJohn that God will not destroy ALL flesh, but surely many of us will perish. -Lisa
Event Contracts Insider Trading by Pentagon and Insurance Corporations
"Every media outlet I give this to INCLUDING Alex Jones and George Noory will not TOUCH this data! I stick my neck out to get this data out and they are too freakin cowardly to give it out on air! A public government file!"
-Michelle Foy
AUDIO MP3 - Truther Girls interview Michelle Foy, 31 March 2011
Comment File for Federal Register Release 73 FR 25669 Concept Release on the Appropriate Regulatory Treatment of Event Contracts Comments Open Date: 05/07/2008 Comments Closing Date: 07/07/
Event Contract Markets
Sullivan & Cromwell LLP
Event Contract Markets
May 9, 2008
On May 1, 2008, the Commodity Futures Trading Commission (“CFTC”) issued a concept release soliciting comment on the appropriate regulatory treatment of financial agreements commonly referred to as event contracts (“Release”). Release 5493-08. The Release was published in the Federal Register on May 7, 2008, 73 Fed. Reg. 25669, and public comments must be received by July 7, 2008. In the Release, the CFTC is seeking public comment as part of a comprehensive review of the appropriate
regulatory treatment of event contracts under the Commodity Exchange Act (“CEA” or “Act”).
The Release lays out three broad issues identified by the CFTC in connection with event contracts:
(1) whether event contracts fall within the CFTC’s jurisdiction, (2) whether any exemptions or exclusions from the CEA should be applicable to event contracts, and (3) how the CFTC should address the potential gaming aspects of event contracts and the potential preemption of state gambling laws by the CEA. In framing these issues, the Release first summarizes the CFTC’s experience with event contracts.
Second, the Release defines event contracts and divides them into three categories: (1) contracts based on narrow commercial measures and events, (2) contracts based on environmental measures and events, and (3) contracts based on general measures and events.1
The Release goes on to set forth the statutory basis for CFTC jurisdiction over commodity futures and options and to analyze how these bases might apply to event contracts. Finally, the Release raises a series of specific questions on which the
CFTC seeks comment.
BACKGROUND
CFTC Jurisdiction
With few exceptions, the CEA grants the CFTC exclusive jurisdiction over commodity futures and commodity options, including certain over-the-counter instruments. Significantly, this exclusive grant of jurisdiction preempts the application of certain state laws, including state gaming laws, to commodity futures and options subject to CFTC jurisdiction, and to transactions excluded or exempt from the CEA.
Under the CFTC’s analysis, binary event contracts, in which the parties agree to pay out based on the occurrence or non-occurrence of a particular event, closely resemble commodity option contracts, and thus may be subject to CFTC jurisdiction. One example of a binary event contract is a contract based on the outcome of the presidential election. The CFTC also notes that those event contracts that create
ongoing obligations that are linked to moving measures or levels, such as the share of votes a candidate receives, are comparable to futures contracts that may fall within CFTC jurisdiction.
The CFTC has jurisdiction over a futures or option contract only if the underlying interest constitutes a “commodity” within the meaning of the CEA. An underlying interest may be classified as a commodity under Section 1a(4) of the CEA if it is within an enumerated list of goods specified in the Act or is encompassed within a catch-all that includes those articles, goods, services, rights or interests “in which contracts for future delivery are presently or in the future dealt in.” However, Section 1a(13) of the Act excludes certain underlying interests from the statutory definition of commodity, including (1) any economic or commercial index that is based on prices, rates, values or levels not within the control of any
party to the contract and (2) any occurrence or contingency associated with a financial or economic consequence that is not within the control of the parties to the relevant transaction.
If the measures or events underlying event contracts are within the definition of a commodity, then futures or options on such underlyers could be listed for trading on regulated futures exchanges. Moreover, pursuant to the amendments to the CEA enacted under the Commodity Futures Modernization Act of 2000 (“CFMA”), transactions in "excluded commodities," as defined in Section 1a(13), are not subject to
any provisions of the Act, provided that they are entered into between "eligible contract participants," as defined under the CEA, and certain other requirements are satisfied.2
Accordingly, if the measures or events underlying event contracts are within the definition of "excluded commodities," transactions involving such measures and events entered into between eligible contract participants may be excluded from the CEA. As noted, both exchange-traded futures and options and excluded over-the-counter
transactions are eligible for the preemption of state gambling laws.
Development of Event Contracts
The CFTC has encountered a variety of types of event contracts markets over the last few years. One of the better known of these markets is the Iowa Electronic Markets (“IEM”). The IEM is operated by the University of Iowa and is an electronic trading system that allows traders to enter into contracts, the payouts for which are dependent on the outcome of political contests—most notably the U.S. presidential
elections. The CFTC allows the IEM to trade such contracts in part pursuant to a no-action letter issued by the CFTC in 1993. That letter also lays out several limitations, such as number of traders and value of contracts, that are intended to limit the IEM to its stated academic purposes. While the CFTC describes the predictive and information aggregation functions of the IEM favorably in the Release, the Release cites other recent event contracts markets with skepticism, e.g., markets based on the length of celebrity marriages and the duration of wars. It was in response to these developments, as well as increased requests for guidance on the propriety of trading certain event contracts, that the CFTC issued the Release seeking comment.
CFTC ANALYSIS AND SPECIFIC QUESTIONS
Types of Event Contracts
In the Release, the CFTC divides event contracts into three separate categories: (1) contracts based on narrow commercial measures and events, (2) contracts based on environmental measures and events, and (3) contracts based on general measures and events. Narrow commercial measures are those that quantify the rate, value or measure of a particular commercial activity, e.g., the earnings of a particular
corporation. Narrow commercial events are those occurrences that, while not truly economic in nature, may have particularized commercial effects, such as a change in corporate officers or an acquisition. The Release describes environmental measures as those that attempt to quantify weather phenomena, such as temperature change or annual rainfall. Environmental event contracts are those based on the occurrence or non-occurrence of meteorological events, such as hurricanes or tornadoes in a specific region. General events are those events that that “do not reflect the occurrence of any commercial or environmental event,” e.g., passage of certain legislation or the decision of two celebrities to marry.
Likewise, general measures are those that do not quantify the rate, value or level of any commercial or environmental activity—for instance, the number of hours Americans sleep on average each night or the vote-share of a political candidate. The CFTC describes those event contracts that lack a clear commercial purpose as primarily serving "information aggregation" purposes; i.e., providing information as to market or public sentiment on the issues presented by the contracts.
Specific Questions
In addition to soliciting general comments, the CFTC seeks comment on a series of specific questions, which are set forth in the Release. Those questions are divided into three categories. The first category of questions addresses the CFTC’s mandate to protect the public interests, including those interests specifically enumerated in the CEA, and requests comment on the most appropriate criteria by which to
measure the potential social value and public interest considerations of event contract markets. The second category of questions relates to the CFTC’s jurisdiction, focusing on the categorization of commodity futures and options, the rationale of the CEA for regulation and the potential for event contracts to be employed for gaming or socially harmful purposes, and the appropriate tests to be employed in determining the jurisdictional status of event contracts under the Act. The final category of questions relates to issues that may arise in the legal implementation of regulation to event contracts, as well as other practical considerations, including the types of contracts that should be permitted to trade on
exchanges and the approach that should be used by the CFTC in considering exemptions or exclusions for off-exchange transactions.
CFTC STATEMENT AND RELEASE
CFTC Statement:
http://cftc.gov/newsroom/generalpressreleases/2008/pr5493-08.html
Concept Release:
http://cftc.gov/stellent/groups/public/@newsroom/documents/file/eventmarkets050108.pdf
Footnotes
1 The Release describes event contracts as financial arrangements that generally “are neither dependent on, nor do they necessarily relate to, market prices or broad-based measures of economic activity. Rather, event contracts may be based on eventualities and measures as varied as the world’s population in 2050, the results of political elections or the outcome of particular entertainment events.” Release at 1.
2 The definition of "eligible contract participant" includes, among others, individuals and entities with at least $10 million in assets.
Coincidence Theory Cards!
This Illuminati card game was copyrighted in 1995... 6 years before 9/11 Inside Job and 16 years before the Japanese Massacre of 20,000 to 2-million sheeple in 2011 (Chernobyl killed 1-million).
Pentagon brags it has used Tsunami Nuke Bombs against Japan since World War 2
Waco Clock Tower in Japan
Waco Clock Tower in Japan
Looks like Jap Island
Tesla HAARP controls the skies
53 nation British Commonwealth Empire HQ is the kosher banking district of City of London, to Hell with sheeple in Metro London
Looks like BP's and Haliburton's deep sea "accident" in USA
Biker Gang from Mars attacks
Copyright 1995
Kosher banking is the root of all evil
Alex Jones invited to Bohemian Grove for banning all who blame the Juice
Ron Paul's homosexual neocon jew campaign manager disappeared $20-million from Ron Paul's presidential campaign, no word from Alex Jones
Democrats revolt against Obama's missing birth certificates and college transcripts
2012 Psyop on History Channel
The Earthquake Illuminati Card and The Wako Tower in Tokyo...
The Population Reduction playing card appears in the latest Guinness Advert, here's a thread on it:
When you're ready to continue on the path to world domination, check out these other Illuminati games and expansions...
Compare with the artist Den Beauvais arrested imprisoned and deported 2 days before printing of his Anti Illuminati Cards, at ConspiracyCards.com and TrutherToys.com.
Hussein Obama Soetoro never got a "Certificate of Live Birth" until 25 April 2011, and he still has no birth certificate from a hospital in Hawaii
"I need a big Jew Brain to figure these losses."
-Jew Gemma Teller a/k/a jew Katie Sagal (member of the jewish rock band KISS), screen wife of jew Ron Perlman, Sons of Anarchy, Seeds (written, created, directed, acted and produced by her husband)
Dictator Obama's Secretary of War Vinnie Da Chin Panetta and the Pentagram Joints Chief Of Operation Northwoods testified to Congress yesterday that Obama takes his orders to invade from United Nations and NATO, not Congress.
This is the equivalent ot Caesar crossing the Rubicon with his military to invade Rome under martial law, resulting in civil war, and 5 years later every member of the Roman Senate stabbing Caesar in the back...literally on the Ides Of March (next week...).
http://en.wikipedia.org/wiki/Julius_Caesar
http://en.wikipedia.org/wiki/Crossing_the_rubicon
ATICLES OF IMPEACHMENT RESOLUTION 2012
H.CON.RES.107 -- Expressing the sense of Congress that the use of offensive military force by a President without prior and clear authorization of an Act of Congress constitutes an impeachable high... (Introduced in House - IH)
HCON 107 IH
112th CONGRESS
2d Session
H. CON. RES. 107
Expressing the sense of Congress that the use of offensive military force by a President without prior and clear authorization of an Act of Congress constitutes an impeachable high crime and misdemeanor under article II, section 4 of the Constitution.
IN THE HOUSE OF REPRESENTATIVES
March 7, 2012
Mr. JONES submitted the following concurrent resolution; which was referred to the Committee on the Judiciary
CONCURRENT RESOLUTION
Expressing the sense of Congress that the use of offensive military force by a President without prior and clear authorization of an Act of Congress constitutes an impeachable high crime and misdemeanor under article II, section 4 of the Constitution.
Whereas the cornerstone of the Republic is honoring Congress's exclusive power to declare war under article I, section 8, clause 11 of the Constitution: Now, therefore, be it
Resolved by the House of Representatives (the Senate concurring), That it is the sense of Congress that, except in response to an actual or imminent attack against the territory of the United States, the use of offensive military force by a President without prior and clear authorization of an Act of Congress violates Congress's exclusive power to declare war under article I, section 8, clause 11 of the Constitution and therefore constitutes an impeachable high crime and misdemeanor under article II, section 4 of the Constitution.
Coup D’etat: Pentagon & Obama Declare Congress Ceremonial
Defense Secretary Leon Panetta’s testimony asserting that the United Nations and NATO have supreme authority over the actions of the United States military, words which effectively declare Congress a ceremonial relic, have prompted Congressman Walter Jones to introduce a resolution that re-affirms such behavior as an “impeachable high crime and misdemeanor” under the Constitution.
During a Senate Armed Services Committee hearing yesterday, Panetta and Joint Chiefs of Staff Chairman Gen. Martin Dempsey brazenly admitted that their authority comes not from the U.S. Constitution, but that the United States is subservient to and takes its marching orders from the United Nations and NATO, international bodies over which the American people have no democratic influence.
Panetta was asked by Senator Jeff Sessions, “We spend our time worrying about the U.N., the Arab League, NATO and too little time, in my opinion, worrying about the elected representatives of the United States. As you go forward, will you consult with the United States Congress?”
The Defense Secretary responded “You know, our goal would be to seek international permission. And we would come to the Congress and inform you and determine how best to approach this, whether or not we would want to get permission from the Congress.”
Despite Sessions’ repeated efforts to get Panetta to acknowledge that the United States Congress is supreme to the likes of NATO and the UN, Panetta exalted the power of international bodies over the US legislative branch.
“I’m really baffled by the idea that somehow an international assembly provides a legal basis for the United States military to be deployed in combat,” Sessions said. “I don’t believe it’s close to being correct. They provide no legal authority. The only legal authority that’s required to deploy the United States military is of the Congress and the president and the law and the Constitution.”
In an effort to re-affirm the fact that “the use of offensive military force by a President without prior and clear authorization of an Act of Congress constitutes an impeachable high crime and misdemeanor under article II, section 4 of the Constitution,” Republican Congressman Walter Jones has introduced a resolution in the House of Representatives.
Pentagon Launches Desperate Damage Control Over Shocking Panetta Testimony
The Pentagon is engaging in damage control after shocking testimony yesterday by Defense Secretary Leon Panetta at a Senate Armed Services Committee congressional hearing during which it was confirmed that the U.S. government is now completely beholden to international power structures and that the legislative branch is a worthless relic.
During the hearing yesterday Panetta and Joint Chiefs of Staff Chairman Gen. Martin Dempsey brazenly admitted that their authority comes not from the U.S. Constitution, but that the United States is subservient to and takes its marching orders from the United Nations and NATO, international bodies over which the American people have no democratic influence.
Panetta was asked by Senator Jeff Sessions, “We spend our time worrying about the U.N., the Arab League, NATO and too little time, in my opinion, worrying about the elected representatives of the United States. As you go forward, will you consult with the United States Congress?”
The Defense Secretary responded “You know, our goal would be to seek international permission. And we would come to the Congress and inform you and determine how best to approach this, whether or not we would want to get permission from the Congress.”
Despite Sessions’ repeated efforts to get Panetta to acknowledge that the United States Congress is supreme to the likes of NATO and the UN, Panetta exalted the power of international bodies over the US legislative branch.
“I’m really baffled by the idea that somehow an international assembly provides a legal basis for the United States military to be deployed in combat,” Sessions said. “I don’t believe it’s close to being correct. They provide no legal authority. The only legal authority that’s required to deploy the United States military is of the Congress and the president and the law and the Constitution.”
Panetta’s assertion that he would seek “international permission” before ‘informing’ Congress about the actions of the US military provoked a firestorm of controversy, prompting the Pentagon to engage in damage control by claiming Panetta’s comments were misinterpreted.
“He was re-emphasizing the need for an international mandate. We are not ceding U.S. decision-making authority to some foreign body,” a defense official told CNN.
However, this is not the first time that the authority of international bodies has been framed as being superior to the US Congress and the Constitution.
In June last year, President Obama arrogantly expressed his hostility to the rule of law when he dismissed the need to get congressional authorization to commit the United States to a military intervention in Libya, churlishly dismissing criticism and remarking, “I don’t even have to get to the Constitutional question.”
Obama tried to legitimize his failure to obtain Congressional approval for military involvement by sending a letter to Speaker of the House John Boehner in which he said the military assault was “authorized by the United Nations (U.N.) Security Council.”
Panetta’s testimony that the US looks to obtain “international permission” before it acts, allied with Obama citing the UN as the supreme authority while trashing the power of Congress, prove that the United States has ceded control over its own affairs to unelected international bureaucrats, just as the countries of the European Union have done likewise.
Attorney General Eric Holder, the top “legal” voice of the US regime, argued to Northwestern University law students that the US Constitution is no limit to the regime dictatorially assassinating Americans. This follows regime arguments to seize and “disappear” any person in opposition to regime dictates as “terrorist supporters,” and extracting their confessions with controlled drowning (euphemistically “waterboarding”), found by all US and international courts as torture. The regime’s followers in Congress voted for legislation (2006 Military Commissions Act, 2012 NDAA) that these dictates are consistent with the US Constitution.
http://www.washingtonsblog.com/2012/03/attorney-general-holder-degrades-us-to-fascist-assassination-nation-99-response.html