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Archive for September 13th, 2010

Master Hilarion's Weekly Message – September 12-19, 2010

Posted by Admin on September 13, 2010

Master Hilarion

Ascended Master

Beloved Ones,

Man

y of you are now beginning to feel joy in your daily lives again. This is a sign that you have passed through the ‘dark night of the Soul’ in whatever form it took as karma to be acknowledged, released, transmuted and cleared and are now coming into completion with this process of Ascension. It means your test of faith was met with success and an Initiation into a higher consciousness is now coming to pass.

You it is, who have volunteered to be here in this present moment, successfully navigating the Cosmic currents and radiating those into the core of the Earth to be used for the Highest and Greatest Good of all. As you radiate this Cosmic Light, the effects ripple outward from your Being and make a deep impact upon the energy fields of others and these others then Awaken to many truths and revelations that were available to them before but which they did not understand or comprehend or even discern as important to them. This is now changing, Dear Ones, for the required number of Souls who are Awakened or are Awakening has reached critical mass.

Things upon your World will begin to move much more quickly now and whereas before you felt as though you were walking in molasses and feeling stagnation, you will now find that events will begin to transpire with a rapidity that might at times take your breath away. You are all ready now for the next step and this will become clear to you in your personal lives and you will begin to take action as you follow the dictates of your heart and your inner guidance. You will start manifesting much more easily now that which you have been affirming and it may come so quickly that you may not recognize it has manifested for you, so we ask you all to be aware in the days ahead that your every thought, word, and deed has an impact upon your World.

This is why we have counselled you to create more peace, harmony and joy in your daily living and to connect with the elements of Nature, for this is tremendously helpful in clearing your energies and holding your Light steady. When you sit quietly, and hear only the water lapping on the shores of a lake and listen to the seagulls or watch their antics come feeding time, you are connecting with All That Is and even if just for five minutes, this will restore your energy fields to optimum levels. This will become a more and more important practice for you to use and remember. Never forget that Creator manifests in and through Nature and is not distorted but remains pure as the Source.

No matter what transpires in your personal lives, realize that you have always had within you, all that you need and desire, and all answers come more easily to you as you practice “being in the flow”.  Begin to discern your patterns and how they cycle in your interactions with others and how this affects the whole and begin to make those changes  which will make you more the Master of your life. You are creating new patterns of Being on every level now and we of the Higher realms draw closer to you each day.

You are each deeply and unconditionally loved and we ask that you extend this by passing it forward.

Until next week….

I AM Hilarion

©2010 Marlene Swetlishoff

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Global bankers meet in Basel for reform

Posted by Admin on September 13, 2010

By Brooke Masters and Patrick Jenkins, FT.com
September 10, 2010 — Updated 0113 GMT (0913 HKT)
Death of the Feds
(FT) — Banking supervisors and central bankers from 27 countries will gather in Basel, Switzerland, this weekend to adopt what is set to be the most important regulatory reform package since the financial crisis, even as German, US and other officials continue to jockey over some provisions.
The officials overseeing the Basel Committee on Banking Supervision, the global rule-making body, are expected to set minimum requirements for the amount of top quality capital banks must hold against future losses and announce a timetable for reaching the standards. The figures are set to determine the shape, stability and profitability of global banking for years to come.
Ben Bernanke, chairman of the US Federal Reserve, Mervyn King, governor of the Bank of England, and Jean-Claude Trichet, president of the European Central Bank, are among those meeting on Sunday to thrash out the final details of the banking reform package known as Basel III.
A large group of countries has coalesced round a plan to require banks to hold core tier one capital – essentially equity and retained profits – equal to 5 per cent of their risk-weighted assets, compared with the current requirement of 2 per cent. In a new measure, banks would also have to hold a buffer of additional capital equal to 2-3 per cent of assets, meaning banks that fall below a core tier one ratio of at least 7-8 per cent or face restrictions on their ability to pay dividends and bonuses.
However, some countries have so far refused to sign up and are still pushing for totals as low as 4 per cent or as high as 10 per cent, including the buffer, people familiar with the talks said. Germany has been particularly vocal in its concerns about setting the ratio too high. “It’s not finished,” said one regulator.
The exact numbers could also shift as part of the negotiations over the timetable. US officials would like the minimums in place in 2012 with the buffers a few years later, while a German central banker said this week he expected the minimums and buffers to phase in over five to 10 years starting in 2013. Some participants believe a longer timetable may be the price of tougher numbers.
Analysts believe the outcome may also turn on the issue of so-called contingent convertible capital, nicknamed “cocos”. These instruments, essentially bonds that only convert into equity under a stressed scenario, do not count towards the core tier one minimum, but the French have been arguing that they should be usable to meet the buffer capital requirements. This apparently technical issue could radically change the effect of the regime. If the buffer can be funded with cheaper cocos, the result would be far less severe.
One person close to the process said the Basel group was unlikely to allow exceptions for smaller banks, as some in Germany had hoped. The group will insist the “entire world” be subjected to “a totally level playing field with absolutely no exceptions”, the person said.
Sunday’s meeting may well have to defer decisions on the size of two other planned parts of the package: surcharges for extra-large banks and a second buffer designed to counter the economic cycle.
The influence of the committee’s decisions could be profound. If it sets requirements too low, another banking crisis could result; too high and the world economy could struggle with a lack of credit.
James Gorman, Morgan Stanley’s chief executive, said the Basel reforms were “the single most important reforms that will be made coming out of this financial crisis”.
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