More bad news related to JP Morgan
revealed today… We are also nearing the end of their
second quarter so we will get to see their additional losses
on their London CIO fiasco…
http://www.nypost.com/p/news/opinion/opedcolumnists/morgan_big_secret_DSB0O9VFZwDih1ZrjkeaAN
When JP Morgan and the big 5 US banks
fall, New York City will become a wasteland – in 1
hour! It is the center of world finance and the
Harlot of Revelation.
Population 8.2Million, density
27.2Million, Metro 18.9Million, combined statistical area
22Million
Those 22 Million people are going to
need somewhere else to go. Many of them will die
because there will be no food deliveries to NYC because
there will be no monetary system therefore food producers
will not ship to NYC when this happens nor will they ship
anywhere in the country. High density population
centers will be the worst affected. Murder and
Cannibalism will be rampant.
This will probably happen after
mid-October into early Winter of this year, is my best
guess.
Everything now seems to depend on if,
when, and how Greece defaults and starts the derivative
dominoes falling. In the last two days we see more
Eurozone countries needing more money…
Since Sunday’s election, now Greece
wants more Eurozone concessions on lighter
austerity. The Germans will revolt on this as they
are ultimately writing the checks to bail these countries
out although Italy is a prime giver to Spain in the latest
bailout.
See scriptures describing these events
below this article text!
I
got my hands on the report not from an disgruntled
employee looking to even up the score with his old firm,
but from someone who believed the reason JP Morgan kept it
a secret stinks to high heaven: Bankers there are afraid
of upsetting state and city officials who hand them large
fees to underwrite municipal bonds.
Keep
in mind, JP Morgan is Wall Street’s leading underwriter of
municipal debt. A public release of the report might anger
big Morgan muni clients such as Massachusetts, which has a
large pension liability.
But
Morgan’s discretion may have broken the law: The report’s
dire predictions didn’t make it into investor-disclosure
documents on at least some bond deals that Morgan
underwrote for states with the biggest liabilities. Legal
experts say that could violate federal anti-fraud
statutes.
All
of which sounds like far more onerous than anything the
Senate Banking Committee could come up with last week: It
grilled Dimon over $2 billion trading loss at his London
office, while his firm was hiding evidence of a $4
trillion pension disaster.
Revelation
17:1-6
New
King James Version (NKJV)
The
Scarlet Woman and the Scarlet Beast
17 Then
one of the seven angels who had the seven bowls came and
talked with me, saying to me,[a] “Come,
I will show you the judgment of the great harlot who
sits on many waters, 2 with
whom the kings of the earth committed fornication, and
the inhabitants of the earth were made drunk with the
wine of her fornication.”
3 So
he carried me away in the Spirit into the wilderness.
And I saw a woman sitting on a scarlet beast which
was full
of names of blasphemy, having seven heads and ten horns. 4 The
woman was arrayed in purple and scarlet, and adorned
with gold and precious stones and pearls, having in her
hand a golden cup full of abominations and the
filthiness of her fornication.[b] 5 And
on her forehead a name was written:
MYSTERY,
BABYLON THE GREAT,
THE MOTHER OF HARLOTS
AND OF THE ABOMINATIONS
OF THE EARTH.
6 I
saw the woman, drunk with the blood of the saints and
with the blood of the martyrs of Jesus. And when I saw
her, I marveled with great amazement.
.
.
.
Revelation
18
New
King James Version (NKJV)
The
Fall of Babylon the Great
18 After
these things I saw another angel coming down from
heaven, having great authority, and the earth was
illuminated with his glory. 2 And
he cried mightily[a] with
a loud voice, saying, “Babylon the great is fallen,
is fallen, and has become a dwelling place of
demons, a prison for every foul spirit, and a cage for
every unclean and hated bird! 3 For
all the nations have drunk of the wine of the wrath of
her fornication, the kings of the earth have committed
fornication with her, and the merchants of the earth
have become rich through the abundance of her luxury.”
4 And
I heard another voice from heaven saying, “Come out of
her, my people, lest you share in her sins, and lest you
receive of her plagues. 5 For
her sins have reached[b] to
heaven, and God has remembered her iniquities. 6 Render
to her just as she rendered to you,[c] and
repay her double according to her works; in the cup
which she has mixed, mix double for her. 7 In
the measure that she glorified herself and lived
luxuriously, in the same measure give her torment and
sorrow; for she says in her heart, ‘I sit as queen,
and am no widow, and will not see sorrow.’ 8 Therefore
her plagues will come in one day—death and mourning and
famine. And she will be utterly burned with fire, for
strong isthe
Lord God who judges[d] her.
The
World Mourns Babylon’s Fall
9 “The
kings of the earth who committed fornication and lived
luxuriously with her will weep and lament for her, when
they see the smoke of her burning, 10 standing
at a distance for fear of her torment, saying, ‘Alas,
alas, that great city Babylon, that mighty city! For
in one hour your judgment has come.’
11 “And
the merchants of the earth will weep and mourn over her,
for no one buys their merchandise anymore:12 merchandise
of gold and silver, precious stones and pearls, fine
linen and purple, silk and scarlet, every kind of citron
wood, every kind of object of ivory, every kind of
object of most precious wood, bronze, iron, and marble; 13 and
cinnamon and incense, fragrant oil and frankincense,
wine and oil, fine flour and wheat, cattle and sheep,
horses and chariots, and bodies and souls of men. 14 The
fruit that your soul longed for has gone from you, and
all the things which are rich and splendid have gone
from you,[e] and
you shall find them no more at all. 15 The
merchants of these things, who became rich by her, will
stand at a distance for fear of her torment, weeping and
wailing, 16 and
saying, ‘Alas, alas, that great city that was clothed in
fine linen, purple, and scarlet, and adorned with gold
and precious stones and pearls! 17 For
in one hour such great riches came to nothing.’ Every
shipmaster, all who travel by ship, sailors, and as many
as trade on the sea, stood at a distance 18 and
cried out when they saw the smoke of her burning,
saying, ‘What is like
this great city?’
19 “They
threw dust on their heads and cried out, weeping and
wailing, and saying, ‘Alas, alas, that great city, in
which all who had ships on the sea became rich by her
wealth! For in one hour she is made desolate.’
20 “Rejoice
over her, O heaven, and you holy
apostles[f] and
prophets, for God has avenged you on her!”