THE MANHATTAN PROJECT
Bill Holter
January 5, 2015
Hopefully everyone is refreshed and ready to start the new year after spending the holidays with friends and family! During the holidays, I had a chance to shut down a bit and just observe what’s going on. For me, this is a good thing because normally I view things from a big picture perspective rather than up close. Most people see the trees and miss the big picture of the forest, my flaw is missing the trees sometimes.
Before getting to my main topic “The Manhattan Project”, it would be good to tell you about my New Year’s Eve “informal poll”. It has been many years since Kathy and I have gone out on New Year’s Eve because the restaurant food is always the worst meal of the year due to the pressure on cooks to crank out more meals than any other evening. It is also a dangerous night to be out and about because every amateur and their brother are out on the roads guiding 2 ton missiles with beer goggles on. We decided to go to a neighborhood party just walking distance away.
I’m not trying to bore you, rather, I am trying to make a point. I went to this party with a purpose. A purpose my wife Kathy just cringed at. My purpose was to see people’s reaction to the truth as I see it. To give you a setting, we live in a community of 300 or so homes, well away from any city or town. In my opinion, we will in the future have a “community meeting” similar to this New Year’s Eve party, only that meeting will be under similar circumstances to the “Jack and Jill” scenario I wrote of last week.
OK, the first person I saw when walking in the door was the “General”. He is a retired military officer who teaches concealed handgun classes (for free) to people in our community because he believes a well armed community is a safe community. We have spoken several times about “what” we believe will happen, he had already thought the defense strategy through before we had ever spoken. He “gets it”. The “people” unfortunately don’t.
While mingling through and meeting people, each time I would mention “we will probably see each other at the next meeting”. Each time I said this, it was followed with “what do you mean?”. It truly was funny, the looks I got each time. I then would explain “you do know the banks are going down this year, right”? Though this was not a broad sampling, 100% of whom I spoke to said things like “that will never happen” or “this is America, it can’t happen here”. There was also another “100%” agreement when my response was “do you agree the government is broke?”. Each and every person I spoke to agreed, “the government is broke”. Almost no one even knew what a derivative is, every single person knew “something” is not right and every single person agreed “the government is broke” … BUT …it can nor will ever happen here because “this is America”!
I wanted to relay this to you because it confirmed everything we had thought, the public is beyond clueless. Not only clueless but in absolute denial. I am sure there were some conversations afterwards about the “crazy drunk cowboy” who thinks the banking system “can” come down. I am not sure what other than denial can explain the mental fog which covers our land, but covered it is!
As for the “Manhattan Project”, if you remember, this was a very large and far reaching plan to create nuclear weapons. Thousands of people were employed, huge resources were used and yet, less than two dozen people knew what was really going on in the big picture. There were hundreds of puzzle pieces but people only knew what their particular puzzle piece was. They may have known a little about one or two connecting pieces but that is as far as it went. The point is this, there was a grand scheme which many worked on but almost no one knew about.
It struck me over the holidays, this is most probably the same concept in the financial markets. There are traders which constantly buy and sell futures on “orders” from above. Do they know why? Probably not, but, their personal bonuses depend on it. We have seen scandal after scandal such as LIBOR rigging. Did the traders know “why” they were rigging these rates? Some did, others probably not, other than the immediate effect which translated into their year end bonus. Don’t get me wrong, I do understand there are still those out there trading “for profit”, however, the financial world is increasingly controlled by algorithms. Do the creators of these algos understand “why” they are programming what they are or are they “following orders” so to speak? Please don’t write me and tell me I’ve fallen off my rocker into a conspiracy pit, we know now for a fact that central banks are trading S+P futures. I ask you this, …to what end? And how many participants really know what “the end game” is?
The recent crash in oil prices is an interesting case in point. Many financial writers speculated as to how or why the operation was undertaken. I personally wrote, and still believe it was “our plan but not THE plan”. Meaning the U.S. believed they were crashing Russia’s revenue ability while the reality is China filling her strategic energy reserves and the SinoRussian partnership was actually crashing our financial system. In other words, they are letting us shoot our own feet off!
This past week, we received a little news from president Obama which strengthens this thought process in my eyes. Mr. Obama came right out in a speech and said it was a U.S. “rationale” to crash oil prices to tip Russia financially and economically. Before going any further, if this is true and it was our “rationale”, this equals an act of or a declaration of war. I have no doubt we did collude with Saudi Arabia to glut the market, I never dreamed Mr. Obama would be so brazen, so foolish as to say this publicly. He has probably already “said enough”, maybe he will expand on these thoughts, who knows? When I say he has already “said enough”, I am speaking to “liability” and further “proof”.
Starting with “proof”, did he not come right out and say they have manipulated the oil market? If you were an oil exporting nation, haven’t you now been screwed financially because the U.S. unilaterally decided on a lower oil price to punish Russia? It is one thing to manipulate markets and set prices under the cover of “market forces” …it is an entirely different animal to admit or even gloat that you in fact “did the dirty work”!
As for “liability”, what if Venezuela or some other oil producing nation decided to sue the U.S. in international court for lost revenues? What if some big oil company whose market cap has shed billions of dollars decides to sue the U.S. for collusion and market rigging? What about domestic drillers and producers? Can they try to sue the U.S. for destroying their business? Can they go after the SEC or CFTC for not doing their job of maintaining “free markets”? Maybe not but the door has now been opened because of a narcissist who wants to take the credit for collapsing the price of oil!
Taking this thought process just one step further, what does this say to the rest of the world? Our markets are not really “free and fair”? Heck, just in the last month we have found out that central banks not only “trade” in stock markets but are encouraged via exchange rebates and sweeteners to do so! Congress is now contemplating an “audit the Fed” bill which I plan to write about further this week. What in the world would foreigners think if it turns out the Fed has in fact bought S+P futures to rally the markets? What if it turns out it is the Fed who has been behind all of the paper dumping of precious metals? What if the Fed has “splashed around” in the oil market? So much for their so called “independence”. The obvious answer is investors will “take on the Fed” as they will understand values are out of whack. Investors will take on the bank and trade against them with the full knowledge, sooner or later the bank will lose by trading against Mother Nature’s tide.
My whole point in writing this piece was to get you to think bigger picture. In my opinion, the entire global financial, economic and geopolitical systems are all one big “Manhattan Project” aimed at some sort of goal (NWO?). The “goal” is of course unattainable because markets are being pushed against Mother Nature. More and bigger lies along with more and bigger interventions are constantly needed to keep this thing on the track. I believe 2015 will be the year where “control” is lost because there are now too many moving parts to keep track of and too many broken parts to sweep under the rug.
We will see …
Excellent article, not pulling punches about the brazenness of it. Especially your insight of how everyone is compartmentalized as in the intelligence field (working on their own assignments, with ‘need to know’ clearance only), few are made privy to the actual larger design at work.
Thanks Eric, I truly believe this is so to a greater degree than most can imagine.
Not to open a can of worms but I’ve heard similar comparisons to the execution of 9/11. Many poo-poo the idea of a conspiracy due to the vast amount of people who would have known something and not come forward. But as in the MP scenario it’s very plausible. The things people don’t know about their govt. could fill volumes.
I don’t normally go there because it turns off too many brains. I don’t disagree as the facts speak for themselves.
Joe what you say has to be true because it is impossible that 9/11 was carried out by some Muslim terrorists with box cutters. By process of elimination…
But we found Attas’ pristine ID in the rubble, they must be the doers, lol.
If the can is kicked down in 2015, the SHTF will happen quite probably in 2016.
Happy new year Bill and all here !
we still have to get through the first quarter of the year.
Never underestimate some banksters with printing press !
never underestimate when the “collateral”l runs out.
Agreed ! When QE4 will enter the show, that’s the question ???
I believe very soon, have already written about this for Wed.
QE hasn’t stopped even in the least. Japan is doing it in spades right now. You don’t think the Fed is behind that with their cohorts? They are TPTB. Japan will likely back off and maybe the ECB will take a turn for a while, or the Fed itself again. But QE will NEVER stop. It is possible that Japans printing will be in itself enough to cause the melt-up.
correct but the U.S. will resume with gusto.
Printing is all they can do to keep their ponzi scheme going. So it makes perfect sense. Who would buy our bonds this time???? Belgium again? No the dollar is propped up and Japan is printing so they will buy bonds and keep the illusion going…. It is like paying off one credit card with another credit card. So Japan may buy the bonds with all that money they are printing now once the FED takes back over the steering wheel again. It will keep it going for a while longer but even with such a plan, I do not see how it can last much more than 2015.
They see the cliff now and gunned the accelorator in a last ditch effort to jump the cliff. IMHO
QE4 is coming.
I just wanted to say THANK YOU for removing some of the trees so I can see the forest! I look forward to your articles everyday! I do have a question. You mentioned in previous writings that if other countries decide to dump US treasuries, the Federal Reserve could “print” and soak them all up, but they cannot print dollars to buy the dollars. I believe it was 2012??? Didn’t the FED openly announce an unlimited currency swap with the ECB? What would stop the FED from “printing” US dollars to buy Euros, to then buy the dollars? Happy New Year!
yes, they can and have done this but in the end there are just more dollars and euros outstanding with the same amount of goods. The chickens must some day come home to roost so to speak. When they do, all of this money will look to buy things …the final chapter of hyperinflation.
I don’t see the issue of “Other countries” willingly deciding to trade in their T Bills. For the most part, they are EM Commodity producers with bills to pay and citizens to care for.
There are two factors forcing these EM nations to dump T bills, never to buy them again.
1 – The obvious, they have bills to pay and citizens to care for
2 – The dollar price of everything is crashing, yet their industries and banks, have borrowed too many ZIRP dollars and they are now rushing to cover. Imports soar, exports crash US unemployment crash as well.
Back then, imports were paid for with Gold, so they kept coming. Today, I doubt many EM will want FRN after this comes down
This is very much what happened in 1920-1927, the result being the Fordney–McCumber Tariff of 1922 and then the infamous Smoot Hawley
trade is being disrupted by FOREX volatility.
Wow Bill. Your a brave man to just say these thoughts out loud.
I have a process that I use in trying to understand the day to day stuff that I call The What IF Principle.
Keeping in mind that little happens by chance and most happens by design in the world of money, everything needs to be looked at with some amount of speculation.
Most people do not have the time or the thought process to try and understand developments, they just simply accept and move on with their day.
The time has come for all of us to think longer term rather than short term. Just like you said in your piece… think BIG picture rather than small picture.
Having things compartmentalized allows for the leaders to direct actions while not having to explain the reason why….
a form of control, is it not.
Today, one should not make any type of financial move without thinking about the longer term.
Slowly, my wife is recognizing that I am being extremely mindful that the world will be very different tomorrow than it is today.
Does she believe as we do…not yet…but she is understanding my determination to prepare.
Every action one takes in the coming weeks and months should be actions that prepare us for difficult times ahead.
Whether it is buying a case of tuna instead of a can of tuna or even having an over supply of things instead of putting off that purchase to another day.
I now treat each day as the last day that the ATM will operate and the day before everybody finally clues in….
Final comment….the effort to control everything is quickly approaching what I call…terminal momentum….
When there is too much to control the ability to control becomes very fragile…
As always Bill you did not disappoint.
Great piece.
thanks Mike.
Bill, I’m still up in the air about the oil manipulation. Is the west that drunk on hubris? Surely they must know that the impacts on the shale industry would be much more harmful in the long run. Sure Russia is taking a hit. Ruble has fallen out of 2nd floor of 20 story building. The $USD is gonna take take a swan dive off the roof. But like Jim Willie stated in his recent interview if you price lower oil in a lower Ruble the difference is zero? Could it be more of a Chinese back door deal with the Saudis like I believe you touched on? Has the Saudi gold in London been pilfered ? Payback? Has China promised them protection in the region? You are correct about too many plates spinning all at once. They’re only men behind the central banks not gods. 2015 will be interesting to say the least has mother nature had enough?
I believe it was initially “our” plan but not THE plan.
Gil, try not to over think things…it is what they want.
Like the MP, I bet there’s only a few hundred people that truly understand how the oil price is set, and I’m almost certain that it is western bankers that do it. The system is still standing, and therefore the bankers still have control.
probably not for too long as they are running out of unencumbered collateral.
Perhaps they realized that there isn’t enough time for the development of the shale industries highly leveraged infrastructure to reach fruition before a collapse. Perhaps it is another ploy to fool the sheeple and/or get the war with Russia they seem to want so bad.
Of course, worse is their “Dr. Evil master plan” where 95% of the population is killed off. Then there will be plenty of oil and natural resources to fuel their yaughts and private jets. No need for shale or fracking when drilling provides all the 500M people that are left will more oil than they ever need. Such is Dr. Evil’s master plan.
or a policy mistake that backfired.
Bill-Great way to get things off on the right foot in a 2015!
I think it is important to remember that to keep power in “high finance” and politics, 1)The players all have something on their opponents that the opponents don’t want known publicly, and 2) DECEPTION becomes the main tool in their bags. As a result, we have to beware of being fed false bits and pieces, as well as partial information. We know that these folks live by deceit, but I pray that by sharing with one another as on your blog and elsewhere, we can help sort this thing out, and “reality” will keep materializing. “The truth shall set us free”. Hopefully we’ll grasp it before it occurs, otherwise it could be too late. World views are hard to change, but let’s all keep swinging!
“false bits and pieces”… it’s the “CIA way”.
James Kunstler just came out with his 2015 predictions, saying banks and stocks begin to fail this year. He says Bofa and Citi go first.
BoFa and Citi are logical starting points.
I would say JPM and City :
http://www.zerohedge.com/news/2015-01-05/citi-next-aig-70-trillion-reasons-why-citigroup-and-congress-scrambled-pass-swaps-pu
Great Article Bill.
When it comes to oil price manipulation and the reasons “why” prices are going down…I have never heard one person say what I believe is one of the biggest reasons for a price drop.
I live in ND and have witnessed first hand the expansion of the Baaken Oil fields. There is enough oil in the Baaken to supply the U.S. for over 100 years! However, what the Saudi’s are truly afraid of is Australia. They discovered shale oil reserves 5 TIMES THE BAAKEN!! This shale oil find upset the entire oil industry plans. After reading about this, I was wondering how the heck crude oil prices could hold the $90+ dollar level…and that it should be down to $50. Well here we are. This was also a reason China has committed to a direct currency swap yuan/aussie. The US has to sacrifice it’s shale oil for the sake of the dollar…
Your thoughts Bill would be appreciated.
-Rodger-
thanks Rodger, over $500 billion has been lent to shale operations. If this busts, it will be a big enough blasting cap for the whole enchilada which will take the dollar with it since it is credit based to begin with.
Bill,
Excellent article to start off 2015. I wish I could put it all together like you can. But since I can’t, I greatly look forward to each and every one of your articles.
I feel sorry for the 99% sheeple who will never admit this is coming to America. It is their children I feel the worse for because their parents are going to let them down in a BIG way. The children are victims.
Many years ago I also believed this way and could not believe the govt would screw its own people, but now after seeing all the lies given to us for many years I now know the govt is just trying to hang on to their power by screwing its own people.
I’m not looking forward to 2015 because I feel it will get a lot worse very fast.
thanks Farrell, this could happen literally over night when it does.
Seldom are things as they appear to be…
Seldom are we told the truth…mostly we are either kept in the dark or misled.
Thank God that some of us can think for ourselves.
just like mushrooms, kept in the dark and fed bullshit.
Bill, your Manhattan Project simile is spot on.
“there was a grand scheme which many worked on but almost no one knew about”.
They will have no excuse when questioned by their creator.
Because I am so angry at the legislature for reneging on their responsibility to coin money and regulate the value thereof, and having replaced the honest wording on the notes and the sound coinage we had with look-alike base metals in 1965, I now direct the following question(s) to shopkeepers when I have an opportunity:
“Will you accept these worthless Federal Reserve notes and these base metal tokens in exchange for these fine goods and services which your establishment offers”?
“Do you also accept electronic digits in place of money”?
Bank tellers are the worst.
They look at me as if I had two heads of course, but you probably wouldn’t be surprised at how many knowing snickers I hear from people behind me in the line.
Then I say: “I’m gettin the better deal”!
I want people to think.
Just as eating bad food will invariably result in an outward manifestation of the ill health that it will produce, the persistence of the fraudulent policies of this system will produce manifestations of the unsoundness that they represent.
Luk 12:3 Therefore whatsoever ye have spoken in darkness shall be heard in the light; and that which ye have spoken in the ear in closets shall be proclaimed upon the housetops.
They can’t hide.
I have to LOL! I have done this while paying for restaurant meals, I hand cash and tell the waiter I ripped him off and ate for free.
As long as some take worthless paper for valuable goods and services, I will entertain them.
Heck, the other day I gave a guy seventeen mere pieces of paper and he gave me an oz of silver.
What-a-deal!
“something for nothing”!
As usual Bill, another great article. Trying arouse those sleepy party goers was a lot of fun I bet. We live in a country which could pass for the TV show – Twilight Zone. As I was thinking about the MP analogy and the traders buying and selling futures in there unwitting little compartments and collecting their end of year bonus – They are the useful idiots who get to live to enjoy their bonus, at least for a while. Those useful idiots a little higher up over several compartments – Got Suicided. I think the count is around 40 now. Have good one.
… or the Gong Show?
My wife doesn’t even cringe anymore when we go out Bill. LOL! I try to keep it at a minimum, but I use the same approach everywhere I go that you related in your article…with virtually the same results.
She is a very “balanced” lady who has been gently shown the light since 2008. It was difficult for me to accomplish since I am more of a sledgehammer. A sledge with a plan and several backups.
There are a lot of good folks in my area the get it…hopefully many of us will be able to right this wrong.
don’t get me wrong, my wife Kathy absolutely “gets it” 100%. She cringes when I mess with people. The worst part is they don’t know they are being messed with.
Its refreshing just to hang with family or at least the children during the holidays. I tried my best not to talk about the gloom and doom but began to realize I will inadvertantly end up being to go to “uncle” when TSHTF.
I am glad I am prepared as I have a feeling my entire extended family and then some will be “visiting” us for an unimaginable entended peiod of time once they are out of food and their fiat is worthless.
It did make me think, these extended family members I like/love, but some are such sheeples, ignorant, and some are even idiots. These are the ones who have no clue whatsoever but will be here with their hungry children as soon as their 2-3 day supply of food is gone.
So, looking at all these dozens of kids and adults, some of whom are still kids IMHO, is a rather new aspect I have never considered before.
So what am I to do when I have to protect everyone from outside forces all while having to protect myself from the idiocy of my “house guests”….. many of whom think they are so smart and know everything. They “think” they are so smart and will likely appreciate our help initially but then unfortuneately start to “think” and offer imput on how best to continue on for months and years on my “nickle”. I am sure they will have just grand plans of what to do with my PM’s, guns, ammo, food, water, medical supplies.
its something that I have not really thought about until looking around at just how numerous my entended family is this time. it is an inevidability I guess as they will all come running here as a base camp. Its not a warm and fussy thought but I am not about to let my nephews and nieces starve nor the children in the neighborhood.
So, has anyone ever thought about this aspect of what we all tend to agree will likely happen and how it effects us more than indirectly when it comes to extended family? I suppose I will starve with them as at least a charitable patriach and end up where I plan on going.
Any advice?
you can only do the best you can do.
NO to your last and yes for the excellent (!) comment. I do what I do, not for me, but for my family. I’m not a greedy person. I just want to live a decent life. Life is about health, peace of mind, prospects, knowledge ánd réál friends. All others to be ignored. I tried to explain to my friends & relatives (as did Mr. Holter did) but they change subject or even worse, laugh at me. My response: “OK, noted”
Dear Bill
I actually think it was the Russians colluding with the Saudis to increase production, bring down the price and crush the “Frackers”.
Either way USA is heading to 3rd world status.
All indicators are pointing in that direction.
SS
don’t forget China.
Dear Bill,
For fun you should inform your wife that the next party you two attend you plan to go ” Jack Nickelson” on them, screaming, ” You can’t handle the truth”.
Thanks for you insights. They are truly appreciated.
Jim Goodman
I’ve already done that but I was with friends of mine who do “get it”.