Full Update 15 October 2012
Last week 20,000 bureaucrats, journalists and government officials descended on Tokyo for a WB (World Bankrupt) and IMF (International Masturbation Fund) meeting and accomplished exactly nothing.
The meeting was a total waste of time because neither of these two Western controlled institutions are willing to hand over control to the people and countries of the world. As a result, the 180 or so countries that are kept out of the control room naturally refused to hand over any more money to these defunct, unlicensed institutions.
Although this writer was in Tokyo and even walked within a few hundred yards of the festivities, he did not bother to go because having attended many such meetings over the years, he knew this one was doomed to be a dud. The Chinese made their feelings clear by not sending anybody senior.
As usual, the real news was happening under the surface where a titanic battle against the old world order continues to rage. In one development in that battle, at least $1.3 billion that went missing from the Japanese AIJ pension fund was traced to