The Sounds of a Global Meltdown: Who really rules the World

"The governments don't rule the world, Goldman Sachs rules the world... The first thing people should do is protect their assets, protect what they have ... my prediction is that the savings of millions of people is going to vanish and this is just the beginning."

The sound of global markets and domestic realities imploding. Useless efforts to plug the holes in the dam. An elite more powerful than we can possibly imagine, impoverishing the human race right under our very noses.

Watch the video that's gone viral: Alessio Rastani, unabashedly telling the world how to make money from the impending crash.

'Anyone can make money from a crash,' says market trader

Ministers from the world's richest nations are reportedly on the way to agreeing a deal for troubled eurozone countries.

Following the IMF meeting in Washington, the BBC understands that three elements have been discussed.

They include a so-called "haircut" of Greece's sovereign debt, meaning institutions holding Greek debt would have to write off half of what they were owed.

The plan also envisages an increase in the size of the European Union bailout fund to two trillion euros.

European governments hope to have the plan in place in five to six weeks.

But one independent market trader - Alessio Rastani - told the BBC the plan "won't work" and that people should be trying to make money from a market crash.

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IMF Advisor: Global Financial Meltdown in 2 to 3 Weeks

Zero Hedge, October 6, 2011.

Watch the video of Sir Mervyn King speaking about the decision by the Bank’s Monetary Policy Committee to put £75billion of newly created money into the economy in a desperate effort to stave off a new credit crisis and a UK recession.

World facing worst financial crisis in history, Bank of England Governor says
The world is facing the worst financial crisis since at least the 1930s “if not ever”, the Governor of the Bank of England said last night.

Dexia bank gets massive bailout
France, Belgium and Luxembourg are to bail out the troubled bank Dexia, following fears it could go bankrupt.
BBC News, October 10, 2011.

Austria, Hungary:

Erste Group Reveals Stunner: Reports Billions In Previously Undisclosed Underwater Sovereign CDS; Who Is Next? And How Much More Is Out There?
Tyler Durden on 10/10/2011, Zerohedge.com

Debt crisis: live
Matthew Sparkes, Martin Strydom, 10 Oct 2011, The Telegraph

Markets edge up on Merkel and Sarkozy plan to pump money into banks but default fears linger as EU prepares to delay forthcoming summits due to ongoing talks on steeper losses for Greek bondholders.

#OccupyWallStreet: A Global Whistleblow & Line in the Sand

Check, check, how's it sound?

My apologies for not writing for such a long time, life is very busy. Much whistleblowing and the usual obstruction and corruption continues only the stakes are much higher now. Our "global village" is in unparalleled peril on many fronts.

But, as in other ages, the people are rising up all over the world. Those who are bruised, bloodied and burdened by a kind of slavery in the modern world. Too many are hurting, so revolution and protest is in the air.

Here are some links with some inklings of what is going on in North America, the growing #OCCUPYWALLSTREET movement that is going far beyond the belly of the beast.

Adbusters' Kalle Lasn Talks About OccupyWallStreet

The Tyee, October 7, 2011.

The veteran culture-jammer on his role in getting the protest rolling, magic memes, what he would demand, and more.

"We always thought of ourselves as the catalyzers, the people who set that meme, as we like to call it, in motion. And right from the start we decided that we're not going to play a part on the street, that if our meme flies, if people love it, then we're happy to come up with posters, and we did send them all kinds of handbills and we sent them corporate America flags.

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#OccupyWall Street: The Most Important Thing in the World Now

Naomi Klein, October 6, 2011. The Nation.

We pointed out that the deregulation behind the frenzy came at a price. It was damaging to labor standards. It was damaging to environmental standards. Corporations were becoming more powerful than governments and that was damaging to our democracies. But to be honest with you, while the good times rolled, taking on an economic system based on greed was a tough sell, at least in rich countries.

Ten years later, it seems as if there aren’t any more rich countries. Just a whole lot of rich people. People who got rich looting the public wealth and exhausting natural resources around the world.

The point is, today everyone can see that the system is deeply unjust and careening out of control. Unfettered greed has trashed the global economy. And it is trashing the natural world as well. We are overfishing our oceans, polluting our water with fracking and deepwater drilling, turning to the dirtiest forms of energy on the planet, like the Alberta tar sands. And the atmosphere cannot absorb the amount of carbon we are putting into it, creating dangerous warming. The new normal is serial disasters: economic and ecological.