August 28, 2011 journal, Mystery Babylon has had three wake-up calls, earthquake, hurricane, AAA credit rating and another stock market collapse. It is countdown to 0. http:telegraph.co.uk/finance/financialcrisis/8721151/Market-crash-could-hit-within-weeks-warn-bankers.htmlkers A more severe crash than the one triggered by the collapse of Lehman Brothers could be on the way, according to alarm signals in the credit markets. Insurance on the debt of several major European banks has now hit historic levels, higher even than those recorded during financial crisis caused by the US financial group's implosion nearly three years ago. Credit default swaps on the bonds of Royal Bank of Scotland, BNP Paribas, Deutsche Bank and Intesa Sanpaolo, among others, flashed warning signals on Wednesday. Credit default swaps (CDS) on RBS were trading at 343.54 basis points, meaning the annual cost to insure £10m of the state-backed lender's bonds against default is now £343,540. The cost of insuring RBS bonds is now higher than before the taxpayer was forced to step in and rescue the bank in October 2008, and shows the recent dramatic downturn in sentiment among credit investors towards banks. "The problem is a shortage of liquidity - that is what is causing the problems with the banks. It feels exactly as it felt in 2008," said one senior London-based bank executive. "I think we are heading for a market shock in September or October that will match anything we have ever seen before," said a senior credit banker at a major European bank." Dave Johnson, Campaign for America's Future: "Problem: Your right-wing brother-in-law is plugged into the FOX-Limbaugh lie machine, and keeps sending you emails about 'Obama spending' and 'Obama deficits' and how the 'Stimulus' just made things worse. Solution: Here are three 'reality-based' charts to send to him. These charts show what actually happened." With corporations sitting on trillions of dollars they will not hire and the bank's sitting on trillions of dollars of fed money they will not loan, the only solution is to nationalize all banks and corporations to pay off the national debt and return the money stolen from the Social Security funds. If America is going to survive they should take drastic action and nationalize the Fed. The private Federal Reserve Bank is the first big obstacle in the way. America must stop foreclosing on people's homes, even communist nations supply homes but the profit system of the bloody Illuminati has gone overboard gobbling up of property. When will people realize that the Russian Bolshevist revolution of 1917 under Zionist Linen is the exact same people that rule America Today. Red communist Russia is a product of the red shield which is the Red Star but not of King David. These Zionist in Germany were moneylenders and in America they managed to steal the Federal Reserve money Bank from the U.S. Congress in 1913. We are headed to the same death as Russia. William Rivers Pitt | Dick Cheney, the Ultimate American Terrorist Truthout: "It is axiomatic by now: when someone leaves government service, especially a high-profile position, they write a book.... Speaking of damaging the republic, Dick Cheney has a book out. I'm sure you've heard about it by now; he laid the groundwork for its release by claiming the contents would cause heads to explode in Washington, causing everyone to say 'Ooooh, this should be good.' It isn't, at all, but I must confess that my head did come very close to launching itself off my shoulders ... not because of what's in the book, but because I have to deal with the rancid reality of a free and unconvicted Dick Cheney appearing in the public eye once again. If there were any justice to be found in this deranged country, Dick Cheney would have penned his pestiferous, self-serving little memoir by the light of a bare bulb inside the cell of a federal prison."