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  1. #11
    Senior Member AirborneSapper7's Avatar
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    The denouement of Ann Barnhardt's video presentation (Part 2) is her recitation of and brief exegesis upon 17 Koranic verses (from Al-Qur'an: A Contemporary Translation, by Ahmed Ali Princeton University Press, 2001), bookmarked with strips of bacon, followed by the removal and burning of the individual pages containing these verses, and ultimately, the remainder of this paperbound English translation of the Koran. Harmlessly burning an inanimate object is not only protected by the first amendment, it is irrelevant. The only germane "context" of Ann Barnhardt's presentation is the interpretation of the verses she removed and burned -- verses which, I concur with her, epitomize the misogyny, infidel-hatred, and jihadism that unfortunately, are redolent in the Koran. Simply put, Ann Barnhardt's assessment is consistent with classical, mainstream Islamic understanding.

    Al-Suyuti (1445-1505) was born in Cairo, where his father taught Shaf'i law (one of the four major schools of Sunni Islamic Law), and acted as a substitute kadi. He is recognized as the most prolific author in the realm of Islamic literature. A brilliant multidisciplinary scholar, Al-Suyuti was a learned jurist, historian, and biographer. Among his many scholarly contributions are about twenty works of Koranic studies, including seminal Koranic commentaries (Tafsir). Tafsir al-Jalalayn, meaning "The Commentary of the Two Jalals," is named after its two authors, Al-Suyuti, and his mentor Jalalu'd-Din al-Mahalli (1389-1459), who wrote the initial half of this classic work. Al-Suyuti completed Tafsir al-Jalalayn following al-Mahalli's death. These apt comments heralded the appearance of a 1378 pp. English translation of Tafsir al-Jalalayn in 2008 by an accomplished contemporary Arabic to English translator:

    The publication of this book is a landmark in the history of Islamic literature in English. With this work, for the first time, a complete translation of one of the great classical commentaries on the Holy Qur'an becomes available to English-speaking readers. For half a millennium Tafsir al-Jalalayn has been considered the essential first step in the study of the meanings of the Qur'an by teachers and students throughout the Islamic world Although it is among the shortest and simplest .of the ‘complete commentaries, it is at the same time both wide-ranging and profound. This translation gives non-Arabic speakers access to one of the seminal works of classical tafsir literature. It is hoped that it will prove a valuable aid to the correct understanding of the Qur'anic Revelation throughout the English-speaking world.

    Aisha Abdurrahman at Tarjumana Bewley is one today's most prolific translators of classical Arabic work into English. Aisha Bewley not only understands Arabic but she is also aware of the basic meanings and nature of teachings and history of Islam. Her knowledge is born of experience and direct transmission, not merely academic theory and learning by rote. For more than twenty-five years she has been concerned with making the contents of many classical works in Arabic more Accessible to English-speaking readers for the first time...

    What follows are the Tafsir al-Jalalayn commentaries on eleven verses (2:191; 2:193; 4:24; 4:34; 5:33; 8:12; 9:5; 9:29; 9:80; 9:123; 47:4) illustrating Koranic misogyny, infidel-hatred, and jihadism , as directed to our attention by Ann Barnhardt (Part 2). http://www.youtube.com/watch?v=_LCLDjPN ... re=related

    Gentle reader, compare the Ann Barnhardt's video presentation to the formal Koranic exegeses, that follow.

    Res ipsa loquitur.

    2:191 -- "Kill them wherever you come across them and expel them from where they expelled you...That is how (by killing and expelling them) the unbelievers should be repaid.

    2:193 -- "Fight them until there is no more fitna (shirk [unbelief]) in existence and the din (worship) belongs to Allah alone and none but him is worshipped."

    4:24 -- "...those you have taken in war as slaves...You may have relations with them if they have husbands in the Abode of War after istibra (the waiting period to ascertain when they are pregnant). That is what Allah has prescribed for you."

    4:34 -- "Men have charge of women by teaching and taking charge because Allah has preferred the one above the other in terms of knowledge, intelligence and custody, and because they (men) spend their wealth on them (women) in maintenance. Right-acting women are obedient to their husbands, safeguarding their husbands' interests and their private parts in their absence as Allah has guarded them through their husbands when they are there. If there are women whose disobedience you fear, you may admonish them and make them fear Allah, refuse to sleep with them and go to another bed, and then beat them..."

    5:33 -- "The reprisal against those who wage war on Allah and His Messenger by fighting the Muslims and go about the earth corrupting it [for example, the Jews, as per the preceding verse 5:32] by committing highway robbery is that they should be killed or crucified, or have their opposite hands and feet cut off -- right hand and left foot -- or be banished from the land...Connected to exile are punishments of imprisonment and the like. That punishment will be their degradation in this world and in the Next World they will have a terrible punishment in the Fire."

    8:12 -- "And when your Lord revealed to the angels who reinforced the Muslims, ‘I am with you with help and support so make those who believe firm through the help and good news you bring. I will cast terror (extreme fear) into the hearts of those who disbelieve, so strike their necks (behead them) and strike all their finger joints, cutting off their fingers and toes!' "

    9:5 -- "Then, when the sacred months are over -- in other words, at the end of the period of delay granted -- kill the idolaters wherever you find them -- whether they be in the Haram or outside it -- and seize them by capture and besiege them in citadels and fortresses until they either fight or become Muslim and lie in wait for them on every road on which they travel. If they repent of their unbelief and establish the prayer and pay zakat [i.e., become Muslims], let them go on their way and do not interfere with them. Allah is Ever-Forgiiving, Most Merciful to those who repent."

    9:29 -- "Fight those of the people who were given the Book who do not believe in Allah and the Last Day -- shown by the fact that they did not accept the Prophet, may Allah bless him and grant him peace -- and who do not make unlawful what Allah and His Messenger have made unlawful -- such as things like wine -- and do not take as their din [religion] the din of Truth, which confirms and abrogates other dins, until they pay the jizya [Koranic poll tax] with their own hands -- meaning the Jews and the Chrtsians who must pay it in submission or directly with their actual hands -- in state of complete abasement -- humble and subject to the judgments of Islam. The jizya is a poll tax that they are required to pay every year."

    9:80 -- "You Muhammad, may ask forgiveness for them, or not ask forgiveness for them...Even if you asked forgiveness for them seventy times, Allah still would not forgive them..That is because they have rejected Allah and His Messenger. Allah does not guide deviant people."

    9:123 -- "You who believe! Fight those of the unbelievers who are near to you -- fight the nearest and then the next nearest -- and let them find you implacable and severe towards them. Know that Allah is with those who are fearful of Him with help and victory."

    47:4 -- "Therefore when you meet those who disbelieve, strike their necks -- meaning ‘kill them.' Striking people's necks generally results in their death. Then when you have slaughtered them -- killed many of them -- tied their hands tightly -- hold them as prisoners and bind them firmly...Those of you [Muslims] who are killed will go to the Garden and those of them [non-Muslims] who are killed will go to the Fire."

    http://www.americanthinker.com/2011/04/ ... litar.html



    Related: Shariamerica: Islam, Obama, and the Establishment Clause

    http://www.youtube.com/watch?v=ErzxOz3D ... r_embedded
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  2. #12
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    Lets push on this one!

    Go here:

    http://www.alipac.us/ftopicp-1213225.html#1213225

  3. #13
    Senior Member AirborneSapper7's Avatar
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    Last edited by AirborneSapper7; 01-08-2012 at 06:09 AM.
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    Senior Member AirborneSapper7's Avatar
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    Related: New Sheriff in Town Ann Barnhardt: Fearless against Islam and the Obama Syndicate http://www.alipac.us/ftopicp-1219474.html#1219474
    Last edited by AirborneSapper7; 01-08-2012 at 06:21 AM.
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    The Execution Of SEAL Team Six

    Penned by Ann Barnhardt
    8-7-11

    The Execution of SEAL Team Six (Part 1)

    On May 5th, I had an email conversation with a retired military man with spook contacts. All were in total agreement that the Bin Laden episode was pure theater. The SEALS were sent into a compound as evidenced by the lost chopper on site. But Osama Bin Laden wasn't in that compound. Osama Bin Laden has been dead for years. Bin Laden had a genetic condition that caused renal failure (this genetic condition is common among deeply inbred Saudi arab muslims). Bin Laden had been on dialysis BEFORE 9/11. Dialysis is difficult enough for people in first world countries who can have it done in outstanding facilities. Bin Laden was having it done either in caves or in homes post 9/11. People in renal failure having dialysis done in fricking caves do NOT live for ten more years. Period. There was no dialysis equipment found in the compound the SEALS raided on May 2. Of course there wasn't. Bin Laden wasn't in that compound because Bin Laden has been dead for years.

    This is why the "body" was declared "positively identified" faster than any known DNA testing process in existence - and this DNA testing was carried out not in a lab mind you, but inside Chinook and/or V-22 Osprey helos en route to the USS Carl Vinson. The body was then dumped into the Indian Ocean in a mad dash to ensure that "burial" took place within 24 hours of death in order to "honor" musloid burial traditions. Not a single picture of the so-called "Bin Laden corpse" has ever been released - and never will.

    The entire Bin Laden episode was stagecraft. It was pure theater that was designed to give Obama a boost in the polls and give distraction and cover. Distract from what? Cover from what?

    April 20, 2011: The release date of Dr. Jerome Corsi's book, "Where's the Birth Certificate" is announced as May 17, and pre-sales begin on Amazon.com. Corsi's work is known to be extremely thorough and meticulous. Within hours, Corsi's book is #1 on Amazon.com - fully 28 days before its release. The Obama regime is panicked.

    April 27, 2011: In order to diffuse and undercut the Corsi book, the Obama regime releases a PDF image purported to be a scan of his original long-form Hawaiian birth certificate. Within hours, thousands of graphic designers, many of whom are self-professed Obama voters and supporters, isolate and demonstrate with dozens of objective proof sets that the PDF released by the Obama regime is not just a forgery, but an astoundingly incompetent and obvious forgery.

    April 27 through May 2: The Obama regime is now in a blind panic. Deeming it too risky, instead of commissioning the forged birth certificate from document and photo illustration experts within the CIA or NSA, the Obama regime instead farmed the project off on someone inside the White House with a functional but middling knowledge of photo illustration programs. To the thoroughly inexpert eyes of Barack Obama, Michelle Obama and Valerie Jarrett, the forged certificate file appeared extremely convincing, and was thus released with fanfare. Within hours, they knew that they had not only made a mistake, but a massive mistake that could land them all in prison. The forger was so incompetent that he/she didn't even flatten the image thus compressing and masking the component layers before posting it. And that was just the tip of the iceberg of glaring flaws and errors. The mainstream press was, so far, completely complicit in the cover-up of the forgery, but Rathergate proved that if the forgery debunking generated any mainstream traction whatsoever, the end could come swiftly. The Obama regime needed a big distraction and they needed it fast. They had been planning on holding the staged Bin Laden capture and killing until 2012 Â* for the thick of the campaign, and perhaps as an "October Surprise", but it would have to be moved up to now.

    May 2, 2011: The Bin Laden operation occurs. In all likelihood, a low-to-mid level Taliban or insurgent leader is killed.

    May 3, 2011: Within hours, Vice President Joe Biden destroys any notions of OPSEC and bellows to the entire world in public remarks at a dinner at the Ritz Carlton that the Bin Laden raid was carried out by "the SEALS". Within hours Obama regime had gleefully leaked that the raid was carried out by "SEAL Team 6", also known as DEVGRU. Up until this point in history, all DEVGRU activities and information had been highly classified. Now the term "SEAL Team 6" was blasted across every newspaper in the world, with Disney even moving to trademark the name. The Obama regime wanted the ENTIRE WORLD to know the name "SEAL Team 6".

    May 5, 2011: As I said earlier, I conversed with retired military contact with spook contacts regarding the obvious theatrics of the Bin Laden episode and the need for a cover-up by the Obama regime. The conversation ended with the following exchange:

    Ann: I'm on the US Military casualty email list. It would be NO PROBLEM to "hide" casualties. It's a steady stream out of Afghanistan.

    Contact: look for training accidents in the eastern mountains.

    May 6, 2011: Obama travels to Ft. Campbell, KY to openly "meet and congratulate" SEAL Team 6 members. This receives huge press coverage, and the press declares the incident "a huge boost [for Obama] going into 2012."

    Last edited by AirborneSapper7; 01-08-2012 at 06:26 AM.
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    Senior Member AirborneSapper7's Avatar
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    The Execution of SEAL Team Six (Part 2)

    Posted by Ann Barnhard

    August 6, AD 2011

    August 6, 2011: A Chinook helo is shot down in Tangi, Wardak Province, Afghanistan. Within hours, before family notifications could possibly have been completed, global press accounts positively confirm that 22 of the 30 Americans killed were not just SEALS, but members of SEAL Team 6. Again, DEVGRU operations have been, up until now, highly classified. Today, the Obama regime made a point of immediately revealing the unit identities of the SPECOPS forces among the dead.

    In the past, DEVGRU men and other SPECOPS men have been killed in action, but their missions were so secret and so crucial to OPSEC that their deaths were covered-up by the government and attributed to such things as "training accidents" and the like Â* and I have no problem with that. These men understand going in to intense units such as DEVGRU that OPSEC is paramount, that they will never be publicly acknowledged for their heroism, and that if they are killed or captured in action, the government will lie about that in order to protect OPSEC and to prevent the enemy from gaining a propaganda and morale coup. Compare that reality with what happened today. The Obama regime distributed this information, and the Obama regime's lapdog press instantly splashed headlines declaring this as the Taliban's "REVENGE" for the "death of Bin Laden." As I write this now, the Drudge Report headline in bright red reads, "REVENGE: SEALS WHO GOT OSAMA KILLED IN AFGHANISTAN."

    I'll say what everyone else is thinking but is too scared to say. The Obama regime is almost certainly directly complicit in these deaths. The time, location and most especially, the PASSENGERS in the Chinook were passed to the Taliban. Additionally, you can't take out a Chinook with small arms fire or even standard RPGs such as the Taliban use. The Taliban needed serious weaponry to take this helo down, and that serious weaponry needed to be in exactly the right spot at exactly the right time, ready to fire.

    Why would the Obama regime kill Americans? I think the question is, why WOULDN'T the Obama regime kill Americans? The Obama regime is composed of Marxist-Leninist psychopaths. A glancing, superficial survey of 20th century history shows one glaring fact above all others: MARXISTS MURDER PEOPLE WITHOUT COMPUNCTION. Marxists also hate Americans, by definition. Three tacks:

    1. The men on board the Chinook may have been the same men who participated or had direct knowledge of the staged Bin Laden raid and were killed to permanently silence them. See my email exchange of May 5 above.

    2. These DEVGRU men were killed to send a signal to the surviving DEVGRU men who carried out the Bin Laden raid to keep their mouths shut.

    3. Certainly, the release of the unit identity of the dead within hours Â* before even family notification could have been made (which requires an IN PERSON visit to the family, remember) was an obvious bow to Al Qaeda, the Taliban and the entire muslim world. This event was INSTANTLY propagandized by the Obama media as "revenge" exacted for Bin Laden's death. And remember, Bin Laden has been dead for many years. The raid of May 2 was pure stagecraft to distract the world from the release of the forged Obama birth certificate.

    I am not a conspiracy theorist. I can't stand Alex Jones or any 9/11 truther. I have turned down dozens of interviews with such types. In fact, I am a huge believer in the Lex Parsimoniae, which is sometimes called "Occam's Razor", which states that the simplest explanation is most likely the correct one. I teach this as part of my job, namely that the cattle markets are neither manipulated nor impossible to operate within at a profit. The reality is that the cattle industry participants do not make money because they are functionally incompetent. It is very, very simple. True conspiracies are very rare.

    This entire Obama situation is a conspiracy, and I say that without the slightest hesitation. Obama is not a citizen of the United States, he is a puppet front for a cabal of Marxist-Leninsts including Soros, Ayers, Dohrn, Strong, Jarrett and many, many others. These people are enemies of the United States. These people are deeply psychologically damaged, and are capable of ordering people murdered in order to protect themselves and increase their own power. The three dead homosexual black men from Trinity United Church of Christ, Young, Bland and Spencer, all of whom were sexually linked to Barack Obama, were probably the first people specifically murdered by the Obama regime. The hundreds of Mexicans and the two American agents Terry and Zapata were murdered by Operation Fast and Furious in order to advance and increase the power of the Obama regime. These SEALS and the others on board that Chinook today were almost certainly betrayed and murdered by the Obama regime.

    Why did the Obama regime immediately reveal the unit identity of the SPECOPS forces involved in the first place, despite the fact that DEVGRU was highly classified? Why was the personnel composition of the Chinook released IMMEDIATELY today after the helo went down Â* before even family notifications could be made? WHY? Why would you hand your enemy, Al Qaeda and the Taliban, a massive propaganda coup? WHY?

    I'll tell you why. Because the Obama regime IS THE ENEMY. They are Marxist tyrants who hold the lives of Americans not just cheap, but in scathing contempt. They will say anything, they will do anything, and they will murder ANYONE in order to protect themselves and consolidate and increase their power. Please, I beg you, for the love of God and all that is good in this world, read the history of the Soviet Union. Read about Lenin and Stalin and how they murdered people without any hesitation. Read about how Hitler was constantly ordering the murder of his own officers. Read about Communist China. Read about Mao and the millions upon tens of millions of murders he ordered. Read about the killing fields of the Communist Khmer Rouge in Cambodia led by Pol Pot. PLEASE. Marxists MURDER PEOPLE. That is what they do. The Obama regime is MARXIST to the bone. If the Obama regime is not stopped, the 30 Americans murdered today in Afghanistan will be just the beginning. I promise you that.

    Here, again, is the clip of Larry Grathwohl, who infiltrated the Weather Underground Marxist terrorist organization in the 1970s. The Weather Underground was founded by Obama's political godfather, communist mentor (along with Frank Marshall Davis), murderer, and ghostwriter of "Dreams From My Father", Bill Ayers and his wife Bernardine Dohrn. In this interview, taped in 1980 while Obama was still just an unknown undergrad foreign scholarship student at Occidental College, Grathwohl describes the leadership of the Weather Underground (which is Ayers and Dohrn) discussing what will be done with the "unreformable, diehard capitalists" once they have overthrown the government of the United States. The answer is extermination in camps in the Southwest. The estimated total that would need to be killed? 25 million, which was 10% of the population at the time. Ayers & Dohrn already have overthrown the government of the United States via their puppet protégé, Barack Obama. They have guaranteed that the economy will collapse. The only thing left for them to do is suspend the Constitution and open the camps.

    "Democracy is two wolves deciding what to eat for dinner.
    Liberty is a well armed lamb contesting the vote." -Thomas Jefferson-

    http://www.rense.com/general94/execc.htm
    Last edited by AirborneSapper7; 01-08-2012 at 06:26 AM.
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  7. #17
    Senior Member AirborneSapper7's Avatar
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    All of these are Videos from Ann's page

    http://www.youtube.com/user/AnnBarnhardt?feature=mhum

    Ann Barnhardt "Islamic Sexuality: A Survey of Evil" Part 4 of 4
    29,048 views
    2 months ago

    Ann Barnhardt "Islamic Sexuality: A Survey of Evil" Part 3 of 4
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    2 months ago

    Ann Barnhardt "Islamic Sexuality: A Survey of Evil" Part 2 of 4
    20,421 views
    2 months ago

    Ann Barnhardt "Islamic Sexuality: A Survey of Evil" Part 1 of 4
    54,155 views
    2 months ago

    Ann-Barnhardt-Discusses-Terry-Lakin.flv
    9,147 views
    4 months ago

    Barnhardt Social Security Medicare Solution Part 2.flv
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    5 months ago


    Barnhardt Social Security Medicare Solution Part 1.flv
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    5 months ago

    Barnhardt HealthCareSolutionPart2
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    5 months ago


    Barnhardt-HealthCareSolutionPart1.flv
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    5 months ago


    Barnhardt-RomneyGoHome 1.flv
    35,474 views
    5 months ago


    Barnhardt Boston Speech Part 3
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    6 months ago


    Barnhardt Boston Speech Part 2
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    6 months ago


    Barnhardt Boston Speech Part1
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    6 months ago


    Barnhardt-Graham-Part2.flv
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    7 months ago


    Barnhardt-Graham-Part1.flv
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    7 months ago


    Cattle Conversation #4 - At the Commodity Broker's Office
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    Cattle Conversation #3: At the R-CALF Convention
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    Cattle Conversation #2: At the Bank
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    Cattle Conversation #1
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    Last edited by AirborneSapper7; 01-08-2012 at 06:25 AM.
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  8. #18
    Senior Member AirborneSapper7's Avatar
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    Warning From Wall Street Broker: “The Entire System Has Been Utterly Destroyed”; Recommends “ALL customers Withdraw From All of the Markets”

    Mac Slavo
    November 18th, 2011
    SHTFplan.com
    Comments (187)

    Editor’s Note: You will rarely, if ever again, see a brokerage firm close their doors not as a result of losing all of their customers’ money, but rather, preemptively in order to prevent them from being wiped out. That’s exactly what Ann Barnhardt of Barnhardt Capital Management did Thursday morning when she advised clients that her firm was liquidating all customer brokerage and options accounts. In a series of letters published on her web site, disseminated by Zero Hedge, and brought to us by The Daily Crux, Ms. Barnhardt takes the unprecedented step of shutting down her firm in order to prevent losses in what she says is a system that “is no longer functioning with integrity and is suicidally risk-laden.”

    The reasons for her taking the steps she did to save client investments are, in our opinion, nothing short of heroic (prompting even Rush Limbaugh to give her kudos) given recent developments in the global economic crisis that include the collapse of government primary dealer MF Global and the untennable situation in Europe. While most Wall Street tycoons and brokers continue to manage money in a highly leveraged marketplace on the verge of collapse while talking their books on financial news shows in an effort to instill confidence in their customers who are swallowing the hopium hook, line and sinker, Barnhardt will have none of it and chose, instead, to pull the plug and get her customers out.

    This is an absolute must read warning for all American investors. Though Barnhardt’s firm dealt primarily in futures and options trading, she cautions that ALL markets have been infected with systemic contagion, including the underlying cash commodities – known in layman’s terms as the physical delivery of goods. With the recent collapse of MF Global, the details of which suggest direct fraud and theft of customer accounts, and the government’s lack of any serious response, Barnhardt seems to think there is a real possibility of cascading, system-wide failures in the broader financial sector.

    Look out folks, because if she is right then we’re in serious trouble – and soon. The takeaway is, if you’re not sure what is happening in the markets then get out and get your money to safety, otherwise it will soon be added to the asset pool of the organizations complicit in orchestrating the destruction of our financial markets and economic system.
    Without further ado, prepare to be blown away:

    BCM Has Ceased Operations
    (source)

    Posted by Ann Barnhardt – November 17, AD 2011 10:27 AM MST

    Dear Clients, Industry Colleagues and Friends of Barnhardt Capital Management,

    It is with regret and unflinching moral certainty that I announce that Barnhardt Capital Management has ceased operations. After six years of operating as an independent introducing brokerage, and eight years of employment as a broker before that, I found myself, this morning, for the first time since I was 20 years old, watching the futures and options markets open not as a participant, but as a mere spectator.

    The reason for my decision to pull the plug was excruciatingly simple: I could no longer tell my clients that their monies and positions were safe in the futures and options markets – because they are not. And this goes not just for my clients, but for every futures and options account in the United States. The entire system has been utterly destroyed by the MF Global collapse. Given this sad reality, I could not in good conscience take one more step as a commodity broker, soliciting trades that I knew were unsafe or holding funds that I knew to be in jeopardy.

    The futures markets are very highly-leveraged and thus require an exceptionally firm base upon which to function. That base was the sacrosanct segregation of customer funds from clearing firm capital, with additional emergency financial backing provided by the exchanges themselves. Up until a few weeks ago, that base existed, and had worked flawlessly. Firms came and went, with some imploding in spectacular fashion. Whenever a firm failure happened, the customer funds were intact and the exchanges would step in to backstop everything and keep customers 100% liquid – even as their clearing firm collapsed and was quickly replaced by another firm within the system.

    Everything changed just a few short weeks ago. A firm, led by a crony of the Obama regime, stole all of the non-margined cash held by customers of his firm. Let’s not sugar-coat this or make this crime seem “complex” and “abstract” by drowning ourselves in six-dollar words and uber-technical jargon. Jon Corzine STOLE the customer cash at MF Global. Knowing Jon Corzine, and knowing the abject lawlessness and contempt for humanity of the Marxist Obama regime and its cronies, this is not really a surprise. What was a surprise was the reaction of the exchanges and regulators. Their reaction has been to take a bad situation and make it orders of magnitude worse. Specifically, they froze customers out of their accounts WHILE THE MARKETS CONTINUED TO TRADE, refusing to even allow them to liquidate. This is unfathomable. The risk exposure precedent that has been set is completely intolerable and has destroyed the entire industry paradigm. No informed person can continue to engage these markets, and no moral person can continue to broker or facilitate customer engagement in what is now a massive game of Russian Roulette.
    Last edited by AirborneSapper7; 01-08-2012 at 06:26 AM.
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  9. #19
    Senior Member AirborneSapper7's Avatar
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    I have learned over the last week that MF Global is almost certainly the mere tip of the iceberg. There is massive industry-wide exposure to European sovereign junk debt. While other firms may not be as heavily leveraged as Corzine had MFG leveraged, and it is now thought that MFG’s leverage may have been in excess of 100:1, they are still suicidally leveraged and will likely stand massive, unmeetable collateral calls in the coming days and weeks as Europe inevitably collapses. I now suspect that the reason the Chicago Mercantile Exchange did not immediately step in to backstop the MFG implosion was because they knew and know that if they backstopped MFG, they would then be expected to backstop all of the other firms in the system when the failures began to cascade – and there simply isn’t that much money in the entire system. In short, the problem is a SYSTEMIC problem, not merely isolated to one firm.

    Perhaps the most ominous dynamic that I have yet heard of in regards to this mess is that of the risk of potential CLAWBACK actions. For those who do not know, “clawback” is the process by which a bankruptcy trustee is legally permitted to re-seize assets that left a bankrupt entity in the time period immediately preceding the entity’s collapse. So, using the MF Global customers as an example, any funds that were withdrawn from MFG accounts in the run-up to the collapse, either because of suspicions the customer may have had about MFG from, say, watching the company’s bond yields rise sharply, or from purely organic day-to-day withdrawls, the bankruptcy trustee COULD initiate action to “clawback” those funds. As a hedge broker, this makes my blood run cold. Generally, as the markets move in favor of a hedge position and equity builds in a client’s account, that excess equity is sent back to the customer who then uses that equity to offset cash market transactions OR to pay down a revolving line of credit. Even the possibility that a customer could be penalized and additionally raped AGAIN via a clawback action after already having their customer funds stolen is simply villainous. While there has been no open indication of clawback actions being initiated by the MF Global trustee, I have been told that it is a possibility.

    And so, to the very unpleasant crux of the matter. The futures and options markets are no longer viable. It is my recommendation that ALL customers withdraw from all of the markets as soon as possible so that they have the best chance of protecting themselves and their equity. The system is no longer functioning with integrity and is suicidally risk-laden. The rule of law is non-existent, instead replaced with godless, criminal political cronyism.

    Remember, derivatives contracts are NOT NECESSARY in the commodities markets. The cash commodity itself is the underlying reality and is not dependent on the futures or options markets. Many people seem to have gotten that backwards over the past decades. From Abel the animal husbandman up until the year 1964, there were no cattle futures contracts at all, and no options contracts until 1984, and yet the cash cattle markets got along just fine.

    Finally, I will not, under any circumstance, consider reforming and re-opening Barnhardt Capital Management, or any other iteration of a brokerage business, until Barack Obama has been removed from office AND the government of the United States has been sufficiently reformed and repopulated so as to engender my total and complete confidence in the government, its adherence to and enforcement of the rule of law, and in its competent and just regulatory oversight of any commodities markets that may reform. So long as the government remains criminal, it would serve no purpose whatsoever to attempt to rebuild the futures industry or my firm, because in a lawless environment, the same thievery and fraud would simply happen again, and the criminals would go unpunished, sheltered by the criminal oligarchy.

    To my clients, who literally TO THE MAN agreed with my assessment of the situation, and were relieved to be exiting the markets, and many whom I now suspect stayed in the markets as long as they did only out of personal loyalty to me, I can only say thank you for the honor and pleasure of serving you over these last years, with some of my clients having been with me for over twelve years. I will continue to blog at Barnhardt.biz, which will be subtly re-skinned soon, and will continue my cattle marketing consultation business. I will still be here in the office, answering my phones, with the same phone numbers. Alas, my retirement came a few years earlier than I had anticipated, but there was no possible way to continue given the inevitability of the collapse of the global financial markets, the overthrow of our government, and the resulting collapse in the rule of law.

    As for me, I can only echo the words of David:

    “This is the Lord’s doing; and it is wonderful in our eyes.”

    With Best Regards-
    Ann Barnhardt

    http://www.shtfplan.com/headline-new...rkets_11182011


    Last edited by AirborneSapper7; 01-08-2012 at 06:24 AM.
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  10. #20
    Senior Member AirborneSapper7's Avatar
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    Ann Barnhardt: The Financial System House of Cards Is Ready to Topple

    Living on Borrowed Time



    Guest Expert 01/04/2012


    RealPlayer <---- Link
    WinAmp <---- Link
    Windows Media <---- Link
    MP3 <---- Link


    James J Puplava CFP with Ann Barnhardt <---- Link


    Jim welcomes back Ann Barnhardt for another compelling conversation. Going beyond the MF Global collapse, Barnhardt believes that the financial system is at risk, and we are living on borrowed time. She also adds that it’s time to go on strike against the big Wall Street firms.

    About the Author





    James J Puplava CFP
    President, Chief Investment Strategist at PFS Group
    Primary Tel: 888.486.3939
    Other Tel: 858.487.3939
    Fax: 858.487.3969
    PO Box 503147 San Diego CA 92150-3147 USA
    jim @ puplava.com
    http://www.puplava.com


    Also by James J Puplava CFP




    http://www.financialsense.com/financ...house-of-cards

    Last edited by AirborneSapper7; 01-08-2012 at 06:27 AM.
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