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Top Investor: Fannie/Freddie Bailout Serves “Bunch Of Crooks And Incompetents”
Rogers says move indicates U.S. is “more Communist than China”
Steve Watson
Infowars.net
Monday, Sept 8, 2008
A leading investor has denounced the government seizure of two of the nation’s largest financial companies as “madness” and says the move will only serve to make the markets more volatile and see house prices continue to go down.
In an interview with CNBC Jim Rogers, CEO of Rogers Holdings, described the move by the Treasury to nationalize Fannie Mae and Freddie Mac as “insanity”.
The Treasury has pledged to provide as much as $200 billion to the companies, replace their chief executives and place them under a conservatorship, giving management control to their regulator, the Federal Housing Finance Agency, or FHFA.
“This is madness, this is insanity,” Rogers said, “they have more than doubled the American national debt in one weekend for a bunch of crooks and incompetents. I’m not quite sure why I or anybody else should be paying for this.”
“America is more communist than China is right now,” Rogers declared. “You can see that this is welfare of the rich, it is socialism for the rich… it’s just bailing out financial institutions,” he added.
(Article continues below)
Rogers and other critics alike are concerned that American taxpayers, already facing the worst housing bust since the 1930s, will now be saddled with billions of dollars in losses from home loans made by the private sector, radically changing the nature of the crisis. Government officials have justified the move by stating that that the cost of doing nothing would be far greater.
“You’re certainly gonna see a huge jump in any financial institutions which owned a lot of Fannie or Freddie… because they don’t have to worry about going bankrupt all of a sudden,” Rogers said.
“Bank stocks around the world are going through the roof, that’s ’cause they’ve all been bailed out. You don’t see the homeowners in Kansas going through the roof ’cause they’re not being bailed out,” he added.
Other investors have criticized the takeover as a “stopgap” and a “band aid” aimed at keeping the companies going into 2009, leaving the next president and Congress to deal with the fallout.
Jim Rogers commented that neither of the presidential candidates has a solution to the crisis.
“This is a big huge mess and neither one of them has a clue what to do next year. It’s going to be a mess.” Rogers said.
Watch the interview with Jim Rogers:
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36 Responses to “Top Investor: Fannie/Freddie Bailout Serves “Bunch Of Crooks And Incompetents””
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September 8th, 2008 at 2:14 pm
The U.S. Treasurury/Govt is already owned by the Federal Reserve (Banks of Europe) which is owned by the World Bank(Illuminati). By any correctly taught description of this would be called Facism. The Globals have just gave themselves a chance to write off their own debts and blame it on the American middle class. Their control has tighted like a noose. Now they will raise taxes and lower pay until “third world” America is a reality, Those who could stop this are out chasing an invisible enemys with borrowed money from the World bank. While the bridgroom was out seeking oil, the bride remained at home and the door was shut and locked behind them. Andrew Jackson where are you? Smedley Butler you were ignored. Thomas Jefferson you are right. “Banks are more dangerous than standing armies.” Socialism no. Facism yes.
September 8th, 2008 at 2:26 pm
This is totally insane. I was up all night looking at this stuff. I’m glad some mainstream financiers are saying it… And although I don’t totally agree with LaRouche on everything, I think he has the best analysis of this out that that I’ve seen so far. He calls it treason, and it is. They just put the last nail in the coffin of the US economy, or at least The People’s economy. I posted clips of LaRouche’s takes and links here if you’re interested:
ANALYSIS LaRouche on “Treasonous” Bailout of Freddie Mac and Fannie Mae; We are heading for Hyper-Inflation; Obama & McCain approve (of course!)…
http://humanbeingsarefree.blog.....ut-of.html
And, of course, they gave control of Freddie to a Carlyle group guy:
NEWS Carlyle Group adviser–Crony Capitalism at its Finest–given leadership of Freddie Mac. US Gov’t seizes more control over citizen-owned land…
http://humanbeingsarefree.blog.....group.html
So, what all are you all doing now, how are you living in times such as these? Preparing physically? Preparing mentally? I’m freaked out, but taking action. The collapse is so imminent from so many directions… and I’m such a freakin’ existentialist that it’s hard for me to think about the future too much, at least with regards to my own survival (I do think about the future of OTHER people), but I guess I should have been thinking about that a long time ago, that is, if I decide to even try to survive…
I guess that just brings me back to the present, and to other people, in which I’m just trying to get everyone I can to wake the hell up, and at least be aware, and if they weren’t already before now, so that we can all at least be INFORMED in our ACTION.
Though I see a lot of doom out there, I also think that the world is unpredictability, and that times of extreme change, of volatility, can quickly spin in many directions. Perhaps this will be the time when humanity turns to TRUTH and no longer will accept the lies. I hate to quote Latin I first heard in a movie, but I shall anyway, Carpe Diem! — this is a unique day in which we live, and we must seize all that we can now…
“Human beings are free!” ~ Louisville, Kentucky
http://www.HumanBeingsAreFree.blogspot.com
September 8th, 2008 at 3:29 pm
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Our site contains: a top infowar video list; top patriots; toparticles for 2008; most viewed news items today section; centralcolumn with updated news daily. The site is one of the best on the net
Check us out at – http://www.dprogram.net and on MIRC #deprogram efnet.org or join the chat through browser @http://www.indytruth.org/deprogram.html http://WWW.DPROGRAM.NET DEPROGRAM YOUR MIND! ‘Countering Propaganda’
September 8th, 2008 at 4:34 pm
Welcome to China boys! Or is it Cuba? Maybe Cambodia? The government now holds the deed to your mortgaged land. If you’re wondering what all of those FEMA camps are all about, here’s a hint–MASS EVICTIONS… While rich guys buy up your land at fire sale prices, you’ll be slaving in the labor camps for a bowl of rice a day, WAKE UP! Soylent green is PEOPLE!
I work directly for one of those rich guys and that is just what he and all of his buddies have been doing. He must have bought around 2 dozen properties last week. They knew this was going to happen weeks ago-maybe longer. I overheard one of them saying the other day, in his let-them-eat-cake kind of tone, that his “biggest problem is the cost of Jet Fuel for his Citation”!
I hope you people take this to heart and know that THE MAN is gunning for you, you are dead in the middle of his sights. Get you asses prepared befor it is too late. And if you are going to go down you might-as-well take as many of them with you as you can.
September 8th, 2008 at 5:38 pm
We can thank the baby boomers for this all
September 8th, 2008 at 6:22 pm
We are a nation with a democratically elected government. We get what we deserve. Unfortunately as a independent I have to suffer along with you major party types.
September 8th, 2008 at 6:26 pm
Hes right, all communism does is provide the most efficient means of taking wealth from the many and give it to the few. Robin Hood in reverse.
September 8th, 2008 at 7:02 pm
FREDDIE MAC WAS A TAKEOVER BY THE CARLYLE GROUP!!!!
“David Moffett, who served as vice chairman and chief financial officer of U.S. Bancorp until early 2007 and then joined the Carlyle Group private-equity firm as a senior adviser, will take over Freddie Mac”.
SOURCE: CNN.COM MONEY SEPT.7TH
WE ARE IN FOR MORE FUN AND GAMES BOYS AND GIRLS CAN’T WAIT TO SEE WHAT HAPPENS SEPT 10TH!!!!!MY CRYSTAL BALL SAYS SOMETHING BIG THIS WAY COMES!!!!!!!
September 8th, 2008 at 7:45 pm
Yes, heaven is listening and laughs…. A rich man and all his pomp must die like any animal…as everyone else – then comes the Judgment. Not one single iota red cent can you take with you. A life so short, used to jeopordize an eternity with no end. How foolish to live as though you’ll never be brought to account. Better to have soup with a friend than steak with your enemy! The same God who created the world still owns it today. Little have you realized those who are alive today as well as others who’ve lived in palaces before ONLY RENTED THE SOIL! No one owns the world but God. As Solomon said, “The chasing after riches is chasing the wind. You die and have to leave everything to someone else.” If they had universal control they’d be able to avoid their own bodies from turning back to dust. But they don’t and the reason they ‘try’ to control is due to fear of losing what they already have. You talk like foolish men here and give them an edge. Yet, the edge is used to blind them further since they’ve already turned from God while trusting solely in their riches, thus sending them on a slipper slope into a dark eternity because they died in their sins. “All things, seen and unseen’ are created for God’s purposes.” JOHN 3:16!
September 8th, 2008 at 8:12 pm
another chance for them to launder a bunch of money.. I wonder where its all going.
hey, we’re all breathing toxic chemicals from our computers.
check out the articles:
http://www.rawair.net/articles.html
September 8th, 2008 at 9:51 pm
I believe it was back in the late 60s that Justice William O. Douglas penned an essay entitled POINTS OF REBELLION. The point he made then and what needs to be repeated now is that what we have in this country is “Socialism for the rich, free enterprise for the poor.”
September 9th, 2008 at 2:38 am
They are NOT bailing out Fannie and Freddie directly.
They are bailing out the wealthy Mortgage Backed Securities holder’s throughout the entire WORLD.
http://www.larouchepac.com/new.....u-out.html
September 9th, 2008 at 5:48 am
Another great example of our tax dollars being awarded to the wealthy to be used against our interests.
We must start taking an interest in who we vote into office and hold those S.O.B.’s accountable. Start now and find out who voted for this carnage.
TO BE AWARE IS TO BE ALIVE. Start living America!
September 9th, 2008 at 6:06 am
They planned it , everyone knew, the hangmans trap door was installed in your livingroom that very day you bought your home.
September 9th, 2008 at 6:22 am
this is a conflict of interest. there should be an investigation on how much personal money that each congressman has invested in this system. my bet is it is well over 1 billion dollars. not to mention the special interest groups that pull the strings through congress. i hope xomeone is going to jail. this is worse then armed robbery. WOW right in front of our noses. nothing has been even mentioned about this fact.
September 9th, 2008 at 6:47 am
Well, if the “great” american public hadn’t been so desperately greedy this COULDN’T have happened.
Plus, if the american public hadn’t THEMSELVES engaged in massive speculation this wouldn’t have happened.
It was american people making a wedge out of booming house prices, wasn’t it?
Who FORCED anyone into trading up? Who was forced into remortgaging – taking more credit cards – car loans – holidays – etc etc etc?
Yeah – sure – it was FORCED on you…….
Wow – the self-excuse of americans is endless?
September 9th, 2008 at 7:10 am
Steve: “The U.S. Treasurury/Govt is already owned by the Federal Reserve (Banks of Europe) which is owned by the World Bank(Illuminati).”
That’s ALL wrong.
Central banks own the World Bank. Not the other way around. Quite simple.
September 9th, 2008 at 8:05 am
I know this sounds crazy, but wouldn’t it be better if the government took these hundreds of billions of dollars and paid down (not off) all the mortgages at risk for default? wouldn’t it take the risk away from fannie mae and freddie? I know what people are thinking that are paying their mortgage on time, why bail them out? well seeing the bailout is going to happen, I would rather see my neighbors get bailed out than billionaires and financial institutions. wouldn’t this make millions of peoples mortgages more affordable, which would give them more disposable income to spend back into the economy? I think it could also stem the slide of housing prices. Am I just an idiot, or is there merit to the idea?
September 9th, 2008 at 8:43 am
Its a great system in this country ! corporations through incompetence and thievery are driven into financial ruin
by money Hungary executives ,the same ones that give themselves and the board of directors millions of dollars in bonuses each year.The government is there with a fat check to bail the swindlers out.This is plan thievery sponsored by the government .While disabled American soldiers who are no longer able to continue in the military
due to injury are sued for there bonus enlistment .But the government sees fit to hand billions of dollars to corporate blood suckers.
September 9th, 2008 at 8:56 am
Winston, go F yourself. Nobody asked my permission before they gave out home loans to people that didn’t even have a job.
September 9th, 2008 at 9:03 am
I wish someone would bail out our computers, and stop them from releasing toxic chemicals into the air we breathe.
http://www.rawair.net/articles.html
September 9th, 2008 at 9:03 am
@Eliot – Even when the very wealthy do succeed in business its not on the level playing field of free market enterprise. In many cases only through thievery, breaking rules, and coercion do they turn a profit. They were always corporate fascists. The captitalism, free market thing was just a facade. Much like the satan loving politicians and media demons posing as God fearing Bible thumpers.
September 9th, 2008 at 9:14 am
I wish someone would bail out our computers and stop them from releasing the new world orders toxins into the air we’re breathing.
http://www.rawair.net/articles.html
September 9th, 2008 at 9:40 am
these paranoid leaders do not like challenge..
the little bird should be careful where he sings..
http://www.youtube.com/watch?v=1V5iCUBEUx4
September 9th, 2008 at 9:58 am
The national builders association rep was touting the virtues of this bailout and how the market it getting ready to turn the corner and how rosy it all is going to get.
Hmmm, what part of
“THERE ARE NO WEALTH CREATION JOBS LEFT IN THIS COUNTRY”
do they not understand? The modern day robber barons have struck and the masses have failed to notice.
September 9th, 2008 at 10:01 am
Kleptocracy – government by those who seek chiefly status and personal gain at the expense of the governed; also : a particular government of this kind
Robber baron – 1 : an American capitalist of the latter part of the 19th century who became wealthy through exploitation (as of natural resources, governmental influence, or low wage scales) 2 : a business owner or executive who acquires wealth through ethically questionable tactics
US. Capitalism – rule by the rich, for the rich.
September 9th, 2008 at 10:06 am
The U.S. Treasurury/Govt is already owned by the Federal Reserve (Banks of Europe) which is owned by the World Bank(Illuminati).”
That’s ALL wrong.
Central banks own the World Bank. Not the other way around.”
THE OWNER OF ALL BANKS, CENTRAL/WORLD ARE OWNED BY THE RICHEST,MOST CORUPT PLACE ON EARTH: THE VATICAN. THAT IS A FACT, A FACT THAT THIS SITE COVERS UP AND KNOWS!!!! Any researcher of history (that they haven’t tried to change) KNOWS IT! Mr. Jones knows what he is doing and to say “well he gives good info” is to be AGAIN a sheeple. He is doing it on purpose because their GOAL is to create unrest to institute marshall law. Mr. Jones has the answer doesn’t he? Just BUY his stuff/copy it and give it out to people. That won’t solve anything and HE knows it. This is really easy. THE NWO NOW has all people who come to this site on an easy list to KNOW who against them also. THEY WORK BOTH SIDES OF THE MEDIA just like BOTH SIDES of the Politians.!!!! WAKE UP. STOP supporting these sites. They are robbing you blind and laughing about it. How about Mr. Jones “longtime friend Joe Rogan?” Joe is grandson to SATANIST ANton Levy. — I know, just a grandson, not his fault, then WHY the handsigns INCLUDING MR JONES???? He and Jones ARE part of this whole thing WAKE UP, you are now double sheeple for even going on this site, please stop these people and DO NOT GIVE A CENT, DO NOT keep him on the air!
I know some will NOT listen, as usual, and the reason why the US in now being taken over by traitors, true only to their GOD SATAN. Yeah, Mr. Jones is NOT a christian, NO WAY!!!!
He is full of double speak, change the subject, mock the person questioning, why asked about vatican or Jesuits JUST LIKE HE CLAIMS THE MEDIA DOES TO HIM and others, WAKE UP WAKE UP
September 9th, 2008 at 10:24 am
Lets pull a Federal Reserve Move say its paid off. No acually money is needed. When currency has no backing then you can print it freely and there for just say the government created this money like what lincoln did back in the civil war days that scared hell out the world banking elite who wanted this practice stopped by all means nessary mostliky the reason to his demise. To easy. Money is just paper its worthless but these bankers use it to buy up land and real things its the biggest scam in human history but no one cares or is able to stop this machine… It generates it power thru the people if the people would take a momment and say no to this reality forced on them then it would be fixed. Digressing……………………………….
September 9th, 2008 at 12:15 pm
anthony: “Nobody asked my permission before they gave out home loans to people………”
Oh – when were you put in charge? And what about all this talk of bloody “liberty” and people being able to “do what they want” – the land of the free and everything……and yet here you are demanding banks need permission to lend money!?
What sort of capitalism is it without banks lending money? And being “free” to “do what they want”?
Anybody else, like socialists, point these things out and you cry about big government! And here you are complaining about banks needing your permission to operate!?
——-
anthony: “[they] didn’t even have a job.”
well, how else do they get somewhere to live? (Now half of america’s housing is nationalised, perhaps it’d be a good time to suggest filling the empty, unsaleable houses with the homeless? Or is just that just too crazy?)
And it was a competitive market. Banks were COMPETING FOR BUSINESS – you remember that old chestnut?
I find it hard to understand how rightwing, anti-socialist, small-government, supposed libertarians keep calling for regulation…….
Private capital can’t run banks and the fed properly, supposedly – but you want them to run your schools – your hospitals – your pension……..
Crikey. You’d have thought they’d be better at banking than teaching?
September 9th, 2008 at 12:17 pm
What I see coming is hyper-inflation. Are you ready for 6 dollars for a loaf of bread and 5 bucks for a dozen of eggs. Here’s why, Upcoming typical scenario:
Homer: I need a loan for a house Fannie May!
Gov: Not a problem how much do you need?
Homer: Oh about 400,000.
Gov: Not a problem….HEY TREASURERY, I HAVE A ORDER FOR 400 BIG ONES.
TREASURERY: NOT A PROBLEM WE CAN PRINT THAT IN BOUT 20 MINUTES!
Gov: Okay, it’ll be 20 minutes for your order to come up… okay move aside…NEXT!!!
You can’t just print money when someone needs a loan. Our government can play with smoke and mirrors for just so long. Unfortunetly it’s the American people who are going to pay. Higher taxes and supermarket prices that will make your head spin. You better start growing food in your own garden and start soon. By March of 2009 the shit will hit the fan, and W will be in South America counting his millions.
September 9th, 2008 at 12:30 pm
brooklyn guy: “…money Hungary executives ,the same ones that give themselves and the board of directors millions of dollars in bonuses each year.”
but those are the rules. Doing anything to address the process is derided as “socialism”
Alex said in these pages just this month that wealth redistribution was communist trash.
Well in that case – how can anyone complain about vast inequality? IF you reject wealth redistribution – as TRASH – then you MUST support infinite inequality.
Well, sorry, but Alex is dead wrong. Wealth distribution is crucial. It’s not TRASH at all.
September 9th, 2008 at 5:39 pm
I like pie and planet x and the dark rift and the second coming of Jesus Christ and the 4 blood red moons perfectly timed to begin and end on the jewish passover and the other meal , hell even nostradomis mentioned all this, blood red moons in 2014 and 2015 plus the last time 4 blood red moons (thats total eclipses people) happened with in perfect allighnent of the jewish holy feast days was in 1949 when Israel became a nation again and in the 1960’s right after the six day war, before that was in 1492 it did not fall on the jewish holy days but the jews were kicked out of spain that year and also that columbus guy went fishin and caught incas the rest i think maybe all fluff remember nostradamus if hister=hitler than maybe mabus=obama if so prepared to get chipped sometime in the next 52 weeks (ps. pie sux)
September 10th, 2008 at 4:55 am
The big mistake is not the bailout of these mortgage banks, the big mistake is to leave any private banks and financial institutions out there with the power of finance in private hands. The problem has varies aspects.
1. Financing is not productive work, it is a management task. When it comes to the more seriously large investment money it is automatically a task of national relevance. Management tasks of national relevance belong where ? Under a democratic protocol from the people, it becomes a national government task.
2. Finance into businesses is always most profitable where workers can be squeezed most, because that simply reduces the pressure on the profit. In our world which has a certain spread in moral behavior this effect is dangerous because: a) the consuming public does not care enough to punish abusive businesses by boycotting them from the consumption and labor market angels, b) there is an adequate supply of greedy and rough people who will abuse workers for the financiers if payed for it (and when not payed for it too), c) the people who are being abused (by low pay primarily) are too unsuccesful in fighting for their interests.
But given the flawed understanding that finance should be private Why don’t we put Justice on the open market as well, and sell judgements to the highest bidder ? Because SOME THINGS DON`T WORK IN AN OPEN MARKET, business finance, law making and Justice are some of the more important of those things. This buy-out should at least be accompanied by stripping the managements and those responsible, so that they don’t get a reward for bankrupting a company (as a general rule, I don’t know too much about the exact details of F&F, and I wonder with all the corruption in the west and the media if anyone can even know what exactly is going on with anything in particular.)
September 11th, 2008 at 12:05 am
From someone who cannot use proper grammar in a structure sentence you have allot of room to talk about kids, economics, but you could use part of your advice, and save the internet from another net warrior that really needs to get hooked on phonics.
September 11th, 2008 at 11:02 pm
Hey i read Us real eatate is hot w/ canadian investors. Hey wasn’t German real estate popular with some investors not too too long ago I SEEM TO REMEMBER THERE WERE TOO MANY GERMANS FOR THE AMOUNT OF FOOD AND THAT GERMAN REAL ESTATE MADE REALLY GOOD ECONONIC SENSE AT THE TIME.
January 20th, 2009 at 10:38 am
This is the history of our Galaxy, particularly of this solar system. Due to the deliberate manipulation of our perception of reality by a select few, perpetrated by a precisely controlled flow of information and ancient mind control techniques, many of us have lost touch with our higher awareness and the associated abilities. This message serves as a reminder, designed to encourage the knowledge stored in our DNA and our genetic and cellular memory to resurface to our conscious awareness. We suggest that you put your beliefs aside for the duration of this presentation, and keep an open mind. Upon completion, you can use your rational abilities and instincts to adapt or discard whatever segments of information fit or contradict your current world view.
In this physical universe, there are an estimated 10 billion galaxies. The galaxy we live in; the Milky Way, is estimated to have 100 billion stars. If less than 1/10 of 1% of all of those stars have any type of intelligent life, that’s still millions of civilizations. So let’s put aside the notion that the human race is alone in this universe.
Over a billion years ago, there was a civilization at the very center of this galaxy in a star system called Lyrae. We consider Lyrae, to be the original home of all human life in this galaxy. The Lyraens were borderline physical/non-physical beings, they could phase-in and out of physical reality at will. As angelic energy descends into physical reality, it enters a borderline state referred to as ‘ET Level’. In contrast to an alien, who is a physical being residing on a different planet within this physical universe, an ET, short for Extra-terrestrial; is a borderline physical or non-physical being who comes from another dimensional space-time.
A couple of million years ago, the Lyraens were visited by refugees from an alternate universe. This small number of physical beings, having successfully escaped the totalitarian system of their home dimension; eventually perished as a result of the physical strain on their bodies of suddenly switching dimensional frequency. The Lyraens had never before seen hard dense bodies like those of their visitors. Their curiosity with the sensations and habits of this physical state caused them to be enamored of it and increasingly stayed in this physical reality, and over eons of time the Lyraens degenerated into more dense bodies themselves. In the Old Testament this is referred to as ‘the fall from grace’. They finally found themselves entrapped exclusively within the physical plane; where they manifested as tall blonde-haired and blue-eyed people with a subgroup of red-headed green-eyed people, who were considered to be their liaisons to spirituality, comparable almost to a religious community within a culture.
There existed beings we call the ‘Transparent or Clear People’, not much is known about them. They are not of a physical nature. Similar to the original Lyraens, they were also of the angelic frequency, but at a much higher energetic state. In physical reality, they manifested with a see-thru and gelatinous appearance in a humanoid form; their membranes flowing through their bodies like webs of capillaries. The clear people are linearly from our future, billions of years ahead, and they have returned into the past with a special agenda, on a mission to create a race not natural to this particular universe. We have come to call the beings they created Reptilians or Draconians; after the Draco star system in which they originated. These Reptilians are Lower Astral beings, more or less physical but with an ability to co-exist in the Astral Planes. There are rumors that the clear people created the Reptilians by imprinting Lyraen genetics with their own mind-pattern. The original elite group of the Reptilian race is said to be light-skinned and blue-eyed. The Draconians feel it is their obligation to fan out into creation and assimilate and control everything else. They view themselves as superior to all other existence and therefore understand it as their duty to be the righteous controllers of their environment, claiming other civilizations as slaves and resources for their own civilization. Reptilians regard themselves a perfected and superior race because of two main reasons; their physically androgynous, meaning male and female in the same body. Outside of physicality there is no gender; just energy, so they feel that based on their androgynous nature they embody this higher level in physical reality. Secondly, Reptilian DNA does not change over time, mammalian DNA constantly adapts to environment, thus proving itself to be inferior, imperfect, and in need of constant change. So this logic of their mind-patterns dictates an obligation to conquer, control, and absorb what they consider to be inferior species.
Approximately 500,000 years ago, when the Lyraens had already become fully physical beings, the Reptilians attacked their star system and completely destroyed it. The Lyraen civilization was severely decimated. The survivors managed to scatter to many parts of this galaxy, colonizing such star systems as Rigel, Procyon, Antares, The Pleiades, Tau Ceti, Arcturus, etc.
At this point; the Milky Way’s population was roughly 70% Humanoid, 25% Reptilian, and the remaining 5% a mixture of other types. At that time; our solar system did not have the same configuration as it does now. The first planet orbiting the sun, as it is today, was Mercury. The second planet was the Earth; Mars the third. The next planet was one that no longer exists called Maldek, then came Jupiter, Saturn, Neptune and Uranus. Pluto was not yet in our solar system. The Lyraens colonized Mars and Maldek since both of these planets had breathable atmospheres as well as oceans, some are comparable to our planet Earth today; which at that time was a water planet with a liquid atmosphere inhospitable to human life.
There also existed a genetically independent species in the Sirius star system, which is a binary star system consisting of twin stars; Sirius A and B. The beings from Sirius A are the most technologically advanced civilization in this galaxy and they trade technology with various other races. Playing both ends against the middle, they supply the Draconian Empire with technology to develop comet and asteroid weapon devices, at the same time they help build the monuments and defense mechanisms for the Lyraen colonists on Mars.
The Draconians sent several asteroid projectiles and a giant Ice comet into our solar system in order to remove and destroy these Lyraen colonies on Mars and Maldek. The planet Maldek was destroyed; blown up into thousands of pieces, which now constitute the vast Asteroid Belt between Mars and Jupiter. The ice comet continued close enough to Mars to pull its atmosphere away; due to its gravitational pull, leaving only a very thin atmosphere. Also, the oceans were ripped off the planet towards the ice comet. The comet continued so close to the Earth as to create an elliptical orbit almost infinity-shaped, where the two objects; planet and comet, twirled around each other, resulting in the Earth flipping over on its axis and losing most of its liquid atmosphere. The interaction of these two bodies spinning around one another polarized the oceans, and further spinning froze them, creating the polar ice caps and allowing land masses to appear. The ice comet then switched places with the earth, pushing it out further into space towards Mars, and then took up the second position around the sun. We now call it the planet Venus. It was so close to the sun the ice melted, turning into vapor and shrouding the entire planet in clouds, which is what Venus is known for today. Its surface remains hidden beneath a permanent layer of mist and clouds, the result of the ice melting. Also, the planet Uranus had been effected by the trajectory of the passing ice comet. The gravitational pull of the comet caused Uranus to start rotating in a north to south motion, rather than the natural east to west spin which all planets in space have.
Before Maldek’s destruction, some of the Lyraen colonists had been able to escape to Mars; joining their allies who had been forced to retreat into a vast underground cave system, since the now thin atmosphere had made life on the surface impossible. During this process of planetary repositioning, the Earth had become colonizable, due to a now breathable atmosphere and land masses above water, and so the Draconians; on their mission to assimilate this solar system to their empire, drove yet another comet-like object through space, a vehicle transporting Reptilian colonists to planet Earth. This comet vehicle is still parked in Earth’s orbit, we call it our Moon. Note that all natural objects in space are spinning on their axis, but our Moon stays in a fixed orbit around the Earth without rotating, indicating its artificial nature.
At around 400,000 B.C., the Reptilians colonized the largest land mass at that time; the continent Lemuria, which covered roughly the area of today’s Pacific Ocean, from the Japanese Islands to the western coastline of California, also including the Australian continent, which is the largest remnant of Lemuria still above water to this day. Most of the North American continent was below water, with the exception of two smaller islands, one covering the area of Arizona, Nevada, and New Mexico, another one; which today is a part of Colorado and some other higher regions of the Rocky Mountain Range.
These Draconian settlers were the only humanoid species on the planet at the time, and their androgynous Reptilian civilization flourished in Lemuria’s tropical climate. They vastly extended the natural cave system in the Earth’s crust and came to live more and more underground, the surface; being mostly used for ceremonial ritual and temple structures. The typical Reptilian ritualistic lifestyle and caste system took on a unique character here on Earth. The Lemurians distanced themselves culturally from their Draconian masters somewhat, while they were still retaining the typical mindset of assimilation and control over their environment. Science, especially in the fields of biological and chemical research; blossomed, and Lemurian groups were creating various slave people in Asia, Australia, New Zealand, as well as the ancient Indian civilization. This ancestry can be seen in many East Asian cultures and religions to this day; in their use of Reptilian symbolism, especially the dragon. The Hindu caste system is a direct replica of the hierarchy of the Reptilian Empire, which houses seven subspecies. As a side note, in the early 1980s on the surface of Venus, seven domed formations had been discovered by Soviet probes. These domes had made it possible for the Reptilians to inhabit the hostile environment of Venus for the duration of their intergalactic travel to this solar system. Seven individual domes were necessary since each of the original seven Reptilian species needed their own separate habitat, they do not mix.
Back in the Pleiades, there were Lyraen renegades called the Atlans; who were very unpopular among the other Lyraen groups. They were working on their own agenda, namely the dawn of a new Lyraen Empire under their own leadership. Operating independently from their Lyraen kin and solely out for their own interests, not participating in the efforts to defend other Lyraen colonies; the Atlans had made themselves undesirable and expendable in the eyes of the Lyraen Empire, and so the Lyraen councils decided to send the Atlans to Earth to test out the waters with the Reptilians there; in an attempt to spearhead a Lyraen base on this strategically important planet. The Atlans complied with the orders of the council and around 300,000 years ago colonized another continent on Earth covering roughly the area of today’s Atlantic Ocean; a continent which was to be known as Atlantis. A long series of wars and gigantic battles between Lemuria and Atlantis ensued. This is documented by the ancient East-Indian Vedas, which are over 100,000 years old.
Both civilizations had come to realize that they were destroying each other. The Lemurians were out their alone without potential backup from the Draconian Empire; which was not scheduled to assimilate this part of the galaxy for a long time to come. Neither could the Atlans expect any help from the Lyraens; due to their unpopularity amongst them. So, a mediation was held and a race called ‘the Krell’ from the Andromeda Galaxy was consulted to act as a neutral third party during this process. The Lemurian Reptilians and the Atlans agreed to create a prototype of a new mankind; a genetic combination of both races as a symbolic right to assure a peaceful co-habitation of planet Earth. This is what the Old Testament refers to in Genesis where it is written; “Let us make man in our image”. Note that all ancient Hebrew references to God are plural, such as Elohim, which translates to ‘they who descended from the sky’… and Adonai, which means ‘masters or lords’.
The Krell also brought the dolphins, an extra-terrestrial life form who co-exist in physical and non-physical planes; from their home galaxy in Andromeda to Earth, to function as observers and monitors of the co-creation of this new Earth-human. The androgynous Lemurian civilization would agree to this mediation attempt only under one condition, the genetic baseline of the prototype was to be reptilian, and mammalian genetics would be added to that, not the other way around. The story of how Eve was created from the rib of Adam is an allegory for the separation of the androgynous Reptilian body into a male and female component. All humans on this planet have reptilian DNA base. When observing the development of a fetus in a womb, this given genetic sequence can be witnessed. The human features develop only after the embryo resembles a reptilian form.
During the initial stages of genetic experimentations, many different prototypes such as Neanderthal or Cro-Magnon had been developed; only to be abandoned and eliminated. Despite ongoing genetic experiments, the creation of what we have come to call Homo-Sapien Sapien, did not solve the conflicts between the Atlans and Lemurians. It is also rumored that both races secretly attempted to introduce dominant genetics into the experiment to retain more control of the new race; resulting in a human being who is eternally conflicted inside with two different mind-patterns struggling for the upper hand.
So despite mediation attempts; the conflicts continued, more battles ensued, and around 100,000 B.C. a gigantic war between the Atlans and Reptilians climaxed. The Atlans used their electromagnetic pulse equipment; powered by artificially manufactured giant crystals, to break up the normal structure of the Earth’s magnetic field, creating a rift to literally crumble the Earth’s crust at the center of Lemuria, causing the utter destruction and then sinking of most of the continent. The remnants of Lemuria still above water today are Japan, the Philippines, the Hawaiian Islands, the South Pacific Islands, Indonesia, Taiwan, Australia and New Zealand, as well as the coast of California – west of the San Andreas fault line. In fact the Redwood Forest which only grows in a limited area is a remnant of the forest of Lemuria.
The Lemurian survivors retreated completely into the vast cave systems. Some are rumored to even inhabit the inner surface of the Earth, which touches on a subject that requires explanation. The Earth is not a solid piece of rock but hollow; just like Mars, the Moon, and many other planets. A planet, which is created when a star ejects lava-like material, then forms into a globe as it spins and cools in space. Due to centrifugal force, the inside matter starts pushing outwards, then the outer and inner surface layers harden and cool down trapping molten rock in-between them. Initially a lot of the gases such as hydrogen, nitrogen, and methane are ejected through either end of the globe creating openings in the poles. Our Earth has a 1,300 mile-wide opening at the North Pole and a 950 mile-wide opening at the South Pole; the South Pole having been frozen closed for about 12,000 years. As the new planet cools down further, gigantic volcanoes erupt at the 19th parallel to expel lava and molten rock when the inner and outer layers press against each other and the planets spinning motion.
All planets and moons in this star system have high volcanic activity at the 19th parallel. The largest volcano in the solar system is the Mons volcano at the 19th parallel of Mars. On Earth’s 19th parallel we have the Kilauea and the Popocatepetl, and on Jupiter’s 19th parallel the gigantic red spot; a huge electromagnetic vortex. The Sirians built monuments on Mars’ Cydonia plateau to demonstrate knowledge of this phenomenon. The series of pentagrams and pyramids there are arranged in asymmetry according to this natural law.
So the Reptilian survivors retreated into the underground of the Earth, into their tunnel network that spreads all over the central portion of the ground and into the inner Earth. This underground cave system still exists today; it’s inhabited and can be accessed from many mountainous areas on the planet.
Now the Atlanteans were alone on the Earth’s surface. Their brutal and disharmonious lifestyle reached a new height over the course of the following 300,000 years. Extensive genetic experimentations continued. DNA of various races and animals; including the dolphins, were combined to create various slave races. They engaged in time travel and inter-dimensional projects, one of their goals being the recreation of the ancient society of Lyrae. More gigantic crystals were manufactured and buried in the ground to change weather, to control geomagnetic flows, to alter timelines and dimensional borders. All their aggressive experimentation and abuse of knowledge eventually resulted in huge volcanic eruptions and massive earthquakes. Around 50,000 B.C., Atlantis was fractured into five separate islands. 20,000 years later another calamity caused even more land to break off and sink. Then finally in 10,500 B.C., the rest of Atlantis essentially destroyed itself, with a few exceptions like Bermuda, the Canary Islands, and the Azores. This was the result of the collapse of the upper crust or mantle of the Earth combined with catastrophic volcanic eruptions.
Survivors of Atlantis spread out to father new independent civilizations such as the Celtic people, the Phoenicians and ancient Egyptians, Native American tribes of the East Coast like the Cherokee and the Iroquois, as well as some South American Indians such as the Inca.
At about 5,000 to 6,000 B.C. the Lyraens still living on Mars; decided to colonize a stretch of land that would be called Sumeria or Sumer, which is the origin of the Caucasian race. To this day Caucasian people tend to have a 26-hour biorhythm due to their Martian heritage. This can be demonstrated in a deprivation tank without any outside stimulus. Non-Caucasian people are closer to a 24-hour resonance, more associated with the Earth.
Now things get increasingly complicated, as various other Lyraen civilizations from all parts of the galaxy start to genetically manipulate the various civilizations on the Earth. The Tau Ceti influenced the Slavs, Arcturians the Etruscans, Lyraens from Aldeberon the Germanic and Nordic Tribes. Also, another Reptilian group; the Anunnaki, set up base in Africa after the destruction of Atlantis where they created the black race.
The Reptilians who had been living secluded in the underground for over 300,000 years, now took steps to reclaim control of Earth. They started a new hybridization project by interbreeding and mixing with the Sumerians, creating an elite society that was to control and manipulate the planet on their behalf; utilizing a religious control system centered around the Reptilian-like deities Nimrod and Semiramis, the Cult of the Three-Horned God, and ritualistic human sacrifices. This elite hybrid race developed into the Babylonian civilization and then spread out into Central Asia’s Caucasus Mountains, where they became known as the Khazars; the forefathers of the Caucasian race.
These Caucasian hybrids had a very high level of copper in their blood. When copper-based blood oxidizes it has a bluish green color. That’s where the term “Blue Blood” comes from, still used to describe royalty and the elite of society. The hybrid human/reptilian Khazars fanned over Central Asia into the Middle East and Europe, and Northern India, interbreeding and mingling with the humans there. Different cultures such as the Magdalene lineage, the Hebrews, the Roman Empire and Catholicism were all first assimilated, then corrupted and reconfigured to be used as mass control devices.
Eventually the elite, who are still in power today; developed into what is referred to as the Illuminati. This group of 13 families directly descends from the Khazars and therefore the Reptilian Sumerian hybrids. Via ancient mind control techniques taking the shape of media disinformation, as well as technology like ELF and microwaves, they control this planet up to this day. The information we are presenting has been suppressed by those who maintain a hold on our civilization. They are able to continue their reign by keeping knowledge of the true natural laws, and our true history and abilities from the great majority of our people. We feel compelled to distribute this knowledge since we view it as pertinent to the way we experience life. In fact, we believe it to heighten the chance for a balanced and holistic existence of a human lifespan. What we have described is not meant to scare you, but rather to return responsibility to you and therefore to help release you from your victimization mentality. At the end of the day, we all need to accept full responsibility for the reality in which we find ourselves, since we ourselves are co-creators with the power of our thoughts.
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