Chinese Phone Giant Admits to “Unprecedented Degree” of Falsified Revenue, Points to US Corporate “non-GAAP EPS” Revenue Falsification/”Adjustments” Across the Board

Chinese Phone Giant Admits To “Unprecedented Degree” Of Falsified Revenue

Fabricating data in China, it turns out, is not only a favorite government pastime. Publicly traded, if state-owned, phone giant Unicom Group fabricated financials relating to 1.8 billion yuan ($261 billion) in revenue over a five-year period from 2012 to 2016 – or as the company admitted, it engaged in an “unprecedented degree of falsified revenue.”  This is China we are talking about, where the definition of “unprecedented” is very different from the US.

Lest there be any confusion, Bloomberg further elucidated that Unicom “engaged in organized, cross-departmental faking of financial figures” – according to an internal document leaked to Bloomberg. The disclosure is just another reminder of just how endemic fraud is at both government agencies and various enterprises in China. Recall that back in January, People’s Daily confirmed what everyone had known: the government was officially making up numbers in the rust-belt province of Liaoning, and fabricated fiscal numbers after the local economy was crippled by the commodity crunch.
Continue reading Chinese Phone Giant Admits to “Unprecedented Degree” of Falsified Revenue, Points to US Corporate “non-GAAP EPS” Revenue Falsification/”Adjustments” Across the Board

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Japan, Europe QE Programs Must Stop: ECB And BOJ Running out of Bonds to Buy for QE

Both ECB And BOJ Are Just Months Away From Running Out Of Bonds To Buy

With the Fed contemplating whether to hike again next month and start “normalizing ” its balance sheet before the end of 2017, the two other major central banks are facing far bigger problems.

Continue reading Japan, Europe QE Programs Must Stop: ECB And BOJ Running out of Bonds to Buy for QE

DC METRO POLICE told to Stand Down on Seth Rich -DNC Wikileaks Leaker- Murder Investigation

 

From The Gateway Pundit:

Seth Rich Family Detective Speaks: Police Were told to Stand Down on Murder Investigation (VIDEO)

Rod Wheeler: The police department nor the FBI haven’t been cooperating at all. I believe that the answer to solving his death lies on that computer which I believe is at the the police department or the FBI.

Reporter: But you have sources at the FBI saying there is information that could link Seth Rich to Wikileaks.

Rod Wheeler: Actually I have a source inside the police department that has looked at me straight in the eye and said Rod we were told to stand down on this case and I can’t share any information with you. That is very unusual for a murder investigation especially from a police department… I do believe there is a correlation between the mayor’s office and the DNC. And that’s the information that will come out tomorrow.

Continue reading DC METRO POLICE told to Stand Down on Seth Rich -DNC Wikileaks Leaker- Murder Investigation

More Debt than Money: The impossible contract – The Politicians Guide to Money System Collapse

Introduction:
More Debt than Money:
The impossible contract.

by Andrew Chalkley  2016

The imperfect nature of money is easy to see when you consider the ways we use money:

  • Money is prone to hoarding by people with more than they can spend. They steal it from the circulation like removing the balls from a pool table, mugs from the tearoom or the coins from the carwash.
  • It can be stolen.
  • It can be counterfeit.
  • It can be monopolized.
  • It can be lent. People with more than they need, may lend it to those that need money tokens for some reason. If the borrower is required to pay back more than they borrowed, it is possible to have more owing than there is tokens.
  • Substitutes can be created by writing on a certificate: “I owe the bearer of this certificate one token” and “collect it anytime you want!”. Yet the lender may not have the token that that the certificate represents. The token supply has effectively increased by the number of unbacked certificates.
  • If the volume of substitute tokens is high and they are lent into society at say 10% interest, it is easy to have more debt than money. If there are 100 tokens and 100 certificates, within eight years there will be over 200 tokens owing to the certificate issuers. In thirty years there will be 1744 tokens owing to the certificate issuers, yet there is only 100 tokens and 100 certificates in circulation. Yet the naughty certificate issuers never had the tokens that backed the certificates in the first place. The money system is no longer functioning for the benefit of society. The certificate issuers have bought the land, assets and politicians.
  • The system is collapse-prone. If trust in the tokens evaporates, the people revert to barter.
  • If money is hoarded, it can all come out of hiding in one day and flood the system causing loss of confidence.

Continue reading More Debt than Money: The impossible contract – The Politicians Guide to Money System Collapse

Latest CIA Hacking Tools Used to Propagate XMR Monero Digital Currency Mining – XMR Rises 50%

“It’s Much Bigger Than WannaCry”: New Stealthy Cyberattack Could Dwarf Last Week’s Global Worm Epidemic

Another large-scale, stealthy cyberattack is underway on a scale that could dwarf last week’s assault on computers worldwide, a global cybersecurity firm told AFP on Wednesday.

Meet Adylkuzz – the new cyberattack that “is much bigger than WannaCry.”

Continue reading Latest CIA Hacking Tools Used to Propagate XMR Monero Digital Currency Mining – XMR Rises 50%

German Central Bank Warns Not To Use Bitcoin As It Is Not Backed By A Central Bank

The unidentified actors are ALL of us as Bitcoin and other alt coins is minted by a democratic process rather than a centrally controlled fraudulent ponzi “central bank.”

One of the easiest methods of getting into mining highly profitable alt coins is with MinerGate. It is a Smart Profit Switching Mining App with Windows, Mac, and Ubuntu support.

 

https://minergate.com/

 

The process to mining and earning your own bitcoins and alt coins:

  1. Click the link
  2. create an account (email, password, not much more)
  3. download the app for your computer
  4. Login to the app
  5. Start the Smart

Miner with about 75% of the CPU processor cores. and just let it mint the most profitable seigniorage for you.

Use the digital currency, trade them on exchanges, and even convert them back to Federal Reserve Notes!

A General Esoteric History of the Bankers Old World Order

Final Warning – A History of the New World Order

Illuminism and the master plan for world domination: the Federal Reserve System Begins Operation

Col. House, who Wilson called his “alter ego,” because he was his closest friend and most trusted advisor, anonymously wrote a novel in 1912 called Philip Dru: Administrator, which revealed the manner in which Wilson was controlled.

House, who lobbied for the implementation of central banking, would now turn his attention towards a graduated income tax.

Incidentally, a central bank providing inflatable currency and a graduated income tax were two of the ten points in the Communist Manifesto for socializing a country.

Continue reading A General Esoteric History of the Bankers Old World Order

Vatican: The Greatest Usurper Enslaving All of Humanity

Vatican: The Greatest Usurper Enslaving All of Humanity

It is important to know that in legalese the terms person, human and human creature are not the same as the word man. The Papal Bull Unam Sanctum, Pope Boniface VIII November 18, 1302 says that “every human creature be subject to the Roman Pontiff”. A human creature is not a man and therefore as a living man you are not subject to the Roman Pontiff.

The Papal Bull Unam Sanctum also says that “The spiritual man judgeth of all things and he himself is judged by no man”. In other words, no man, corporation (e.g., the Vatican), religious leader, president, king, pope can lawfully judge a spiritual man. What the author of the following article failed to “innerstand” is that the Papal Bull Unam Sanctum only applies to human creatures and artificial persons (corporations). It does not apply to a living and spiritual man. Are you a human creature or a spiritual man (“male” or “female”)? The choice is yours to make. – Pao Chang

Continue reading Vatican: The Greatest Usurper Enslaving All of Humanity

Federal Reserve Debt-Money Destroying Mainstream Economy- FED MUST GO

The Federal Reserve Must Go

By Michael Snyder, on May 14th, 2017

If you want to permanently fix America’s economy, there really is no other choice.  Even before Ron Paul’s rallying cry of “End The Fed” shook America during the peak of the Tea Party movement, I was a huge advocate of shutting down the Federal Reserve.  Because no matter how hard we try to patch it up otherwise, the truth is that our debt-based financial system has been fundamentally flawed from the very beginning, and the Federal Reserve is the very heart of that system.  The following is a free preview of an upcoming book that I am working on about how to turn this country is a more positive direction… Continue reading Federal Reserve Debt-Money Destroying Mainstream Economy- FED MUST GO

Drug Cop Who Spent 14 Years Undercover Tells Truth About the Drug War

Drug Cop Who Spent 14 Years Undercover Tells Truth About the Drug War

(ANTIMEDIA) Yet another police officer is speaking out against the drug war, this time in the United Kingdom. Former officer Neil Woods worked as an undercover drug cop for 14 years, infiltrating some of the most violent gangs in Britain only to learn his tactics were worsening the drug epidemic. Now, he advocates ending the drug war and decriminalizing drugs as he admits his own role in fueling violence and the proliferation of narcotics.
Continue reading Drug Cop Who Spent 14 Years Undercover Tells Truth About the Drug War

Washington State Warrant Processing Division Scrubs Website that (Court) Warrants are merely Checks

Many of the blog posts here on Governmental Services Corporation Watch have relied upon the evidence on the State of Washington Corporation – Warrant Processing Division website.  The legal fictional BAR Attorneys seem to have gotten wise to the obviousness of the following text on such a governmental website:

April 11, 2016 Snap shot Click for the full resolution screen shot. And also found here on the Wayback machine.

As it is seen here:

A warrant – or check – is a legal, negotiable instrument drawn against the state treasury in place of a commercial bank.  State agencies disburse funds to vendors or other payees by issuing warrants from the state treasury that bears the State Treasurer’s unique Routing Number and are signed by the State Treasurer.

Because the responsibility for authorizing and producing warrants resides with individual state agencies, inquiries about a payment made by a state agency should be directed to the issuing agency.

But this text has changed:  the “-or check-” is removed.  Their website now puts forth: Continue reading Washington State Warrant Processing Division Scrubs Website that (Court) Warrants are merely Checks