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RED Alert or Super Conspiracy theory?

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  • RED Alert or Super Conspiracy theory?

    The below link contains a ~90 minute audio conference call that took place on Jan 19th, 2011 (based on putting the URL in google and finding the earliest date).

    Unfortunately, I haven't (yet) been able to pin point the original source of this, but it seems to be spreading around the net (putting the URL in Google returns 5 pages of search results). My guess is that this is from the blogosphere as it sounds like a podcast with a bunch of people that for the most part know each other.

    Getting to the point:

    - This conference call is about a *GLOBAL* fiat currency reset, that is supposed to be happening right around NOW (?!?).
    - The reset hinges on some 30-60 TRILLION worth of "Global Settlements" fund that's been collecting interest for some 30 years. (This is the part that I find too good to be true.)
    - The reset would result in:
    * The US dollar to be replaced by a new world currency that is backed by a basket of currencies (of which 20% is gold)
    * All debts by all major 140+ countries would be erased
    * No more banks controlling currencies, it would now be world governments. AKA Federal Reserve would be GONE!

    The people in this call sound fairly intelligent, but a bit over optimistic/confident to me. Many of their questions are very good ones.

    https://app.freeconferencecallhd.com...-65-673151.mp3


    I'm posting it here as I'd like to know:
    1) Can somebody confirm the reality or myth of the existance of a 30-60 Trillion "Global Settlement" fund?
    2) Can you poke holes in the "truths" they speak.
    3) What's your take on this?
    4) Can sombody find the source of this info? Apparently they were supposed to have more conference calls, would love to listen to the follow-up given Jan 20th we didn't have a global currency reset.
    5) Has the Dinar revalued yet?!
    6) If we can put aside the religious overtone at the beginning and end of this conference call, and that it likely originated from some highly quesitonable website, what is the likelihood of this info actually bearing any resemblence of reality/truth? In other words, how plausible are their theories?

    Thanks,
    Adeptus
    Warning: Network Engineer talking economics!

  • #2
    Re: RED Alert or Super Conspiracy theory?

    I believe I found the source website: http://nesaranews.blogspot.com/

    FYI, "NESARA" = National Economic Stabilization and Recovery Act (wikipedia link)

    According to the wikipedia link, "NESARA supporters often tell their readers that the NESARA announcement is going to happen in a matter of days. These claims have been made too many times to enumerate, without ever coming to fruition". In other words - the info in the conference call is highly likely not reliable.

    I would delete this thread all together, but I can't seem to do so. So feel free to delete it or move it to rumours section.

    Regards,
    Adeptus
    Last edited by Adeptus; February 03, 2011, 04:16 AM.
    Warning: Network Engineer talking economics!

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    • #3
      Re: RED Alert or Super Conspiracy theory?

      In one of Bill Black's recent videos (somewhere in the video section) he made the comment that since banking is all about trust, large scale bank fraud causes a widespread breakdown of trust in institutions and leadership, especially when it is unpunished. This site looks like an excellent illustration of the phenomenon.

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