May 4, 2010 journal, the EU crisis combined with 700 trillion dollars in derivatives, spread over the globe equals an international economic implosion of apocalyptic size. Pat Roberson today on the 700 Club predicted a collapse of the massive derivatives American banks have spread across the global economic world, the worst economic meltdown imaginable turning Wall Street into a wasteland. Germany is the strongest economically of any nation in Europe but they are balking on bailing out 5 nations of European Union saying they have their own debt to service. EU is extending credit to Spain, Portugal, Italy, & Greece in dire need but economists predict it will end the EU. What Pat Roberson was saying is true that it will rock the boat and cause derivatives to fail without quoting him verbatim. Nobody really realizes what an avalanche that would be devastating financial markets to a universal destruction of all world currency systems. Wall Street inflated that monster derivatives balloon which is destined to finally go bust. To compare 700 trillion dollars in phony stock derivatives to the admitted $13 trillion in U.S. national debt then you see where Wall Street has taken us over the cliff impossible. Neither the secret Fed, Wall Street or the arrogant banks can bailout a gigantic monster one half the size of their black cloud of derivatives hanging over our heads as taxpayers. I have referred to this cloud a number of times as $680 trillion in dangerous derivatives. Nobody knows for sure but most people agree is a monstrous figure nobody can count. I predicted all the time it would resurface on demand but until recently when one person said on television that Wall Street is continuing to trade derivatives did we really know. Wall Street knows that all those chickens are coming home to roost in the near future. When you bet on a horse & you insure your bet even if you lose then somewhere down that road that loss will surface even though you swap it & keep rolling it over to the end. You will most likely soon see a massive exodus of the so-called favorite people of God. What happened to the German Nazis after the war, they escaped in holy robes to S. A. Derivatives mean nothing. Even the name derivative indicates some nothingness as dust. Wall Street is at best no better than derivatives when you buy stock based on its demand for value and it changes daily. People thought that United Airlines & General Motors was solid investments but you see what happened to their investments when the crash came & they lost. There are no sound investments. Even if you buy gold it may turn out to be lead. The American Indians occupied this entire country before the Spanish arrived discovering America then the British so who has rights to it today? My guess is the American Indians. My second guess would be the Hispanic Mexicans. Mr. President "Tear down that Wall". The stock market sharply declined today by 225 points as news that they found terrorist. Stock market tumbling does not mean much to most people, only stockholders concerned. Seizures of property started under Ronald Reagan & worsened under Bush 1 as a massive slush fund for law-enforcement to use at pleasure according to a large number of reports. It has become part of their regular budget and they would be in money trouble without it. 29 people have died in flooding 19 just in Tennessee from the Cumberland River and in St. Louis the Mississippi has flooded. The Grand Ole Opry had 14 in. of rain evacuated 1500 rooms. Pat Roberson said on his show today that they have a studio there because they expected emergences along the coastal areas but now Nashville itself is under water. John McCain does not want Miranda Rights read to the Times Square excused which is in violation of the Constitution. What if he were ever accused of being a terrorist & tried in a military court. Why are Republicans pushing for political prosecutions of some people?