Monday, April 30, 2012

Obama's Plan To Seize Control Of Our Economy And Our Lives

President Obama has made clear that he’s determined to continue pushing his “progressive” agenda, regardless of constitutional limitations on his power. He aims to have his way by issuing more and more executive orders.

The most ominous sign of possible things to come appeared on March 16, 2012, when President Obama signed executive order 13603 about “National Defense Resources Preparedness.”

This 10-page document is a blueprint for a federal takeover of the economy that would dwarf the looming Obamacare takeover of the health insurance business. Specifically, Obama’s plan involves seizing control of:

* “All commodities and products that are capable of being ingested by either human beings or animals”

* “All forms of energy”

* “All forms of civil transportation”

* “All usable water from all sources”

* “Health resources – drugs, biological products, medical devices, materials, facilities, health supplies, services and equipment”

* Forced labor ( or “induction” as the executive order delicately refers to military conscription)

Moreover, federal officials would “issue regulations to prioritize and allocate resources.”

Each government bureaucracy “shall act as necessary and appropriate.”

To be sure, much of this language has appeared in national security executive orders that previous presidents have issued periodically since the beginning of the Cold War.

But more than previous national security executive orders, Obama’s 13603 seems to describe a potentially totalitarian regime obsessed with control over everything. Obama’s executive order makes no effort to justify the destruction of liberty, no effort to explain how amassing totalitarian control would enable government to deal effectively with cyber sabotage, suicide bombings, chemical warfare, nuclear missiles or other possible threats. It’s quite likely there would be greater difficulty responding to threats, since totalitarian regimes suffer from economic chaos, colossal waste, massive corruption and bureaucratic infighting that are inevitable consequences of extreme centralization. Such problems plagued fascist Italy, Nazi Germany, the Soviet Union, communist China and other regimes. Totalitarian control would probably trigger resistance movements and underground networks like those that developed in Western Europe during the Nazi occupation. Totalitarian control could provoke more political turmoil than there was in the Vietnam War era of the 1960s. There would probably be a serious brain drain as talented people with critical skills escaped to freedom wherever that might be. Canada?

There’s nothing in executive order 13603 about upholding the Constitution or protecting civil liberties.

More at [link to www.forbes.com]

What is America’s Economic Breaking Point?

If there exists a single factor that can put enough pressure on the whole of the American economy and force it to crumble under its own weight, it’s the price the average American pays for gas. Extreme up-side gas price swings have preceded seven of the last eight American recessions, most recently in the summer of 2008 when drivers were forced to pay an all time high in excess of $4.50 per gallon at the pumps. What followed this spike – caused in part by tightening supplies, rising demand, easy money and a health dose of financial propaganda – was nothing short of the most severe financial and economic crisis since the Great Depression.
Nearly four years on the country finds itself in the midst of difficult times that have taken their toll on millions of Americans through job losses, home foreclosures, un-servicable debt, and ever dwindling retirement savings. By all accounts, Americans are worse off today than they were ten years ago, and the state of our nation, despite what Washington’s media masters report, is fiscally, economically, and socially dire.
With an estimated national debt that will approach $20 trillion in just a couple of years, some $200 trillion in unfunded liabilities over the next twenty five years, scores of millions of Americans dependent on overburdened government safety nets to survive, and a rapidly shrinking domestic economy, the key question becomes,”what is America’s economic breaking point?”
The answer to this question becomes apparent in a recent documentary from Future Money Trends, which suggests that the breaking point for the U.S. economy comes when the cheap energy we have enjoyed for the better part of a century finally dries up.

Future Money Trends is expecting the U.S. to face the perfect storm of events that, when combined, will send gas prices past the breaking point for the average American.
There are three major catalysts that will cause gas prices to reach this breaking point.
Number one, the dollar is in a state of collapse caused by a continuous increase of the money supply by America’s central bank.
Two, instability in the middle east and a potential war with Iran would great disrupt the supply of oil.
Three, the supply of cheap, recoverable oil is dwindling along with a major increase in demand.

America is built for $50 oil and $2 a gallon gasoline. The seriousness of our situation should not be overlooked. We have multiple forces that will drive gas prices past America’s $5 per gallon breaking point… Rising gas prices caused by these three catalysts will break the backs of the American consumer, spiking prices to the point where present day normalcy is no longer the reality.
Via Future Money Trends
Though there is evidence that the peak oil theory of physical shortages is accurate, it’s not even so much that the world will run out of oil per se, as it is that we simply don’t have the technology to extract that oil at a cheap enough cost to maintain our current way of life.
If you consider the significant pressures currently facing the United States financial and economically, it’s not too much of a stretch to suggest that even a minimal rise in the price of gas could seriously hamper the consumption habits of the majority of our population, which in turn will further reduce economic growth. As Future Money Trends‘ Daniel Ameduri notes in the above documentary, even a $1 gas price move has a significant impact with the potential to extract $100 billion from the broader economy.

Sunday, April 29, 2012

22 Red Flags That Indicate That Very Serious Doom Is Coming For Global Financial Markets

The following are 22 red flags that indicate that very serious doom is coming for global financial markets....

#1 According to CNN, the level of selling by insiders at corporations listed on the S&P 500 is the highest that it has been in almost a decade. Do those insiders know something that the rest of us do not?

#2 Home prices in the United States have fallen for six months in a row and are now down 35 percent from the peak of the housing market. The last time that home prices in the U.S. were this low was back in 2002.

#3 It is now being projected that the Greek economy will shrink by another 5 percent this year.

#4 Despite wave after wave of austerity measures, Greece is still going to have a budget deficit equivalent to about 7 percent of GDP in 2012.

#5 Interest rates on Italian and Spanish sovereign debt are rapidly rising. The following is from a recent RTE article....

Spain's borrowing rate nearly doubled in a short-term debt auction as investors fretted over the euro zone's determination to deal with its debts.

And Italy raised nearly €3.5 billion in a short-term bond sale today but at sharply higher interest rates amid fresh concerns over the euro zone outlook, the Bank of Italy said.

#6 The government of Spain recently announced that its 2011 budget deficit was much larger than originally projected and that it probably will not meet its budget targets for 2012 either.

#7 Amazingly, bad loans now make up 8.15 percent of all loans on the books of Spanish banks. That is the highest level in 18 years. The total value of all toxic loans in Spain is equivalent to approximately 13 percent of Spanish GDP.

#8 One key Spanish stock index has already fallen by more than 19 percent so far this year.

#9 The Spanish government has announced a ban on all cash transactions larger than 2,500 euros. Many are interpreting this as a panic move.

#10 It is looking increasingly likely that a major bailout for Spain will be needed. The following is from a recent Reuters article....

Economic experts watching Spain don't know how much money will be needed or precisely when, but some are near certain that Madrid will eventually seek a multi-billion euro bailout for its banks, and perhaps even for the state itself.

#11 Analysts at Moody's Analytics are warning that Italy has now reached financially unsustainable territory....

"Italy is already out of fiscal space, in our estimate." said Moody's. "Its debt levels relative to GDP already exceed a manageable level. The manageable limit for Italian 10-year bond yields is estimated at 4.2pc. As of Wednesday, Italian 10-year yields were 5.46pc."

#12 It is being projected that the Portuguese economy will shrink by 5.7 percent during 2012.

#13 There is even trouble in European nations that have been considered relatively stable up to this point. For example, the Dutch government collapsed on Monday after austerity talks broke down.

#14 The head of the IMF, Christine Lagarde, says that there are "dark clouds on the horizon" for the global economy.

#15 The top economist for the IMF, Olivier Blanchard, recently made this statement: "One has the feeling that at any moment, things could get very bad again."

#16 A recent IMF report admitted that the current financial crisis could lead to the break up of the eurozone....

Under these circumstances, a break-up of the euro area could not be ruled out. The financial and real spillovers to other regions, especially emerging Europe, would likely be very large.

This could cause major political shocks that could aggravate economic stress to levels well above those after the Lehman collapse.

#17 George Soros is publicly declaring that the European Union could soon experience a collapse similar to what happened to the Soviet Union.

#18 A member of the European Parliament, Nigel Farage, stated during one recent interview that it is inevitable that some major banks in Europe will collapse....

There are going to be some serious banking collapses and the impact of that on some sovereign states, will be serious. I’m afraid we’ve gotten to a point where we really can’t stop this now. We’re beginning to reach a stage where however much false money you create, the problem becomes bigger than the people trying to solve it. We are very close to that point.

When I talk about the threats and the risk that this thing could wind up in some kind of rebellion, some sort of awful social cataclysm, they (other European politicians) are now very worried indeed. They will talk to you in private, but in public, nobody dares utter a word.

I think the deterioration, in the last two or three weeks, in the eurozone is very serious indeed. It’s the bond spreads in Italy and Spain. It’s the fact that youth unemployment is now over 50% in some of these Mediterranean countries.

It’s riot and disorder on the streets. And yet a month ago I was here and there was Herman Van Rumpuy telling us, ‘We’ve turned the corner. Everything is solved. There are no more problems with the eurozone.’ What a pack of jokers they look like.”

#19 The IMF is projecting that Japan will have a debt to GDP ratio of 256 percent by next year.

#20 Goldman Sachs is projecting that the S&P 500 will fall by about 11 percent by the end of 2012.

#21 Over the past six months, hundreds of prominent bankers have resigned all over the globe. Is there a reason why so many are suddenly leaving their posts?

#22 The 9 largest U.S. banks have a total of 228.72 trillion dollars of exposure to derivatives. That is approximately 3 times the size of the entire global economy. It is a financial bubble so immense in size that it is nearly impossible to fully comprehend how large it is.

The financial crisis of 2008 was just a warm up act for what is coming. The too big to fail banks are larger than ever, the governments of the western world are in far more debt than they were back then, and the entire global financial system is more unstable and more vulnerable than ever before.

But this time the epicenter of the financial crisis will be in Europe.

Outside of Europe, most people simply do not understand how truly nightmarish the European economic crisis really is.

Spain, Italy and Portugal are all heading for an economic depression and Greece is already in one.

The European Central Bank was able to kick the can down the road a little bit by expanding its balance sheet by about a trillion dollars over the last nine months, but the truth is that the underlying problems in Europe just continue to get worse and worse.

It truly is like watching a horrible car wreck happen in slow motion.

The good news is that there is still a little time to get yourself into a better position for the next financial crisis. Don't leave yourself financially exposed to the next crash.

Sadly, just like back in 2008, most people will never even see this next crisis coming.

Friday, April 27, 2012

Strip Search For ANY OFFENCE?

The US Supreme Court recently approved by a 5-4 vote to allow police to do a full strip search for any offense, no matter how minor.

You can now be stripped naked and your butt inspected for not wearing a seatbelt. Check it out. Justice Kennedy, the swing vote said that by allowing cops to strip search anyone eliminates discriminatory practices. "If everybody is stripped searched there won't be a reason for people to suspect they may have been discriminated".

Right, right, like a Justice will be arrested for participating in a demonstration and have his anus inspected for drugs. Not a chance.

This is the United States, the land of opportunity, the leader of the free world. This sentence plus the latitude for cops to arrest anyone for no reason and law abiding citizens being held without habeas corpus have turned the US into a banana republic.

Thursday, April 26, 2012

Gold standard inevitable, $10k/oz looms

Spanish Company Associated with George Soros Will “Count” America's Votes Overseas In November



From The Western Center for Journalism in a piece entitled, "Spanish Company Will 'Count' American Votes Overseas In November,' they state the following in this excerpt:
"When the Spanish online voting company SCYTL bought the largest vote processing corporation in the United States, it also acquired the means of manufacturing the outcome of the 2012 election. For SOE, the Tampa based corporation purchased by SCYTL in January, supplies the election software which records, counts, and reports the votes of Americans in 26 states–900 total jurisdictions–across the nation. ..." Find the rest of the article @ http://www.westernjournalism.com/spanish-company-will-count-...
And if that doesn't make you squirm, George Soros is closely associated w/one of Obama's biggest contributors who, himself, is involved with SCYTL, the company that is going to count the votes!! Keep reading.
"Those who cast the votes decide nothing. 
Those who count the votes decide everything." -- 
Joseph Stalin
From: It Makes Sense Blog, (http://itmakessenseblog.com/2012/04/10/george-soros-will-con...) they allege that,
"GEORGE SOROS WILL CONTROL YOUR VOTES IN THE UP COMING PRESIDENTIAL ELECTION -- Follow the bouncing ball on the criminal corruption ruse of your USA votes.
1.) The Obama Government has outsourced the counting of votes for the 2012 election. But since WHEN does the nation need to outsource a task as uncomplicated and straightforward as vote-counting?
2.) Obama outsorced the counting to a Tampa Florida company, named SOE, that had previously been used to administer the vote counting process for over 500 American jurisdictions.
3.) But recently, SOE software has now been sold to a company named SCYTL, owned by George Soros, headquartered in Spain.
4.) The votes will go to SCYTL, the question becomes as to WHY Must local votes for each precinct will be downloaded to SCYTL’s main server – leaving no TRACEABLE record of how many, and what votes were scored! Which of course means that said votes will be MERGED; and any discrepancies at lower levels will be IMPOSSIBLE to track.

5.) But wait, it gets murkier: SCYTL is shadow owned by Pere Valles, a former CEO of Global Net; who just HAPPENS to have been a maximum level contributor to the Obama Campaign in 2008. Not surprisingly, Valles is also has contacts with Media Matters, a communication consortium owned by: George Soros.
6.) Now the bad news: according to the “Black Box” voting site, this centralizes one “middleman” access point for over 525 voting jurisdictions: (AL, AZ, CA, CO, DC, FL, KY, MI, KS, IL, IN, NC, NM, MN, NY, SC, TX, UT, WA. – and growing)." The rest of the article is a click away. Follow this link to http://itmakessenseblog.com/2012/04/10/george-soros-will-con...
This is outrageous! Though I am not sure that George Soros owns SCYTL in fact, he nonetheless has close association with the people who run that operation. It just stinks!

Wednesday, April 25, 2012

Fukushima UPDATE-Scary!

Man tries to relinquish US citizenship. Application Denied.

I was approached recently by a member of our Sovereign Man community who filed the paperwork to relinquish US citizenship some time ago. Long story short, after an incomprehensibly long wait, the US government finally sent him a reply: Application DENIED.
Absolutely shocking. That you even have to ‘apply’ to relinquish what you never signed up for is intellectually insulting. That you cannot do so freely, and immediately, is nothing short of totalitarian.
It’s still an embryonic movement, though more and more US citizens are being driven to divorce their country. Last year nearly 1,600 people gave up US citizenship, up from 1,485 in 2010, 731 in 2009, and 226 in 2008.
While some renunciants have philosophical misgivings about being American, most do it for tax reasons. There’s a growing number of expats who, despite living abroad for years, are still paying huge portions of their income to Uncle Sam.
What’s more, the filing requirements are getting more and more onerous. US citizens living overseas have to keep up with all sorts of changes to the tax code that they may not be privy to, and the penalties for noncompliance are severe.
I can’t tell you how many friends I have who are US citizens living abroad that had no idea they were supposed to file the Report of Foreign Bank Account (FBAR) form every year; or the new FATCA form 8938; or those with businesses that must file form 8858 or 5471.
Usually these things come with pretty nasty penalties, possibly up to $10,000 per instance of failure to file.
Then there’s the latest, greatest tax target: accidental US citizens. This group consists of foreigners who happen to be dual nationals because they were born in the US or have an American parent.
More Here..

22 Red Flags That Indicate That Very Serious Doom Is Coming For Global Financial Markets

The following are 22 red flags that indicate that very serious doom is coming for global financial markets....
#1 According to CNN, the level of selling by insiders at corporations listed on the S&P 500 is the highest that it has been in almost a decade.  Do those insiders know something that the rest of us do not?
#2 Home prices in the United States have fallen for six months in a row and are now down 35 percent from the peak of the housing market.  The last time that home prices in the U.S. were this low was back in 2002.
#3 It is now being projected that the Greek economy will shrink by another 5 percent this year.
#4 Despite wave after wave of austerity measures, Greece is still going to have a budget deficit equivalent to about 7 percent of GDP in 2012.
#5 Interest rates on Italian and Spanish sovereign debt are rapidly rising.  The following is from a recent RTE article....

More HERE

Tuesday, April 24, 2012

What Happens When All the Money Vanishes Into Thin Air?

Issuing debt and printing money do not create wealth. All they can create is a temporary illusion of wealth. I could have written "if all the money vanishes," but that would be misleading, for all unbacked money will most certainly vanish into thin air. The only question is when, not if. Frequent contributor Harun I. explains why: Those who fail to understand that the Status Quo is impossible to maintain will be shocked when the disintegration is undeniable. But the whole thing was perverse to begin with. Words like capitalism and meritocracy are thrown around to make people feel good when, in reality, we have never owned anything, not even ourselves. How can we own ourselves when the very thing we use for subsistence can be cheapened or reduced to nearly nothing, not by market forces, but by central banks acting at the behest of governments? When a person does not control his labor, what is he? I have been studying the monetary history of the world for the past few weeks. I can tell you that the second oldest profession is currency debasement. Nothing is new. Of course, this should be no surprise, everything is cyclical. Humankind is like the trader looking for the Holy Grail. There is no perfect monetary system, there is only better and worse. And this one ranks among the worst. I wait patiently for people to come to the understanding that the only way for everyone to get their money would be to destroy its value completely, meaning that a loaf of bread would be a million dollars. If a small fraction of what has to be printed to keep the system afloat has caused the price spikes in energy and everything else, imagine what happens as the disintegration picks up speed. As the exponential debt curve moves closer to the pure vertical, the rate at which debts come due will approach infinity. Of course, while this is the ultimate mathematical outcome, the reality is that the system will collapse before this point is reached. But don't think governments will throw in the towel. If history holds true the rise of a totalitarian government is just over the horizon. Then there are those who get it right and wrong in the same breath. John Mauldin, in a KWN interview, thanked Europe for keeping the heat off the US. Mr. Mauldin apparently does not understand that our monetary policies are transferring what we do not want to the rest of the world, at least for a time, but not much more. How many more food items be made smaller and sold at the same price? In effect this is a slow starvation of those at the margin. The 46 million American souls on food stamps will soon find their food stamps to be worthless. Those who assert that a credit system cannot go hyper-inflationary may not have thought through the exponential effects on the relationship of the debt and productivity curves within the context of all money is debt and the only way to create money is for debt to be created. Eventually the debt curve accelerates away from the productivity curve, then the productivity curve collapses all together. Sovereign debt crises caused by governments stepping in to keep the debt system going is the last stage. Then comes the debt/currency collapse. Even if the Fed stopped printing money, I fail to see the difference between too much money that is worth nothing, and no money at all. It's not going to matter to a starving man that a loaf of bread is $1 million and he is a dollar short, or if it's $1 and he is a dollar short. Thank you, Harun. Many observers have addressed the key concept here, which boils down to this: paper money is an abstract representation of the real world. More HERE

Sunday, April 22, 2012

FBI Labels Peter Schiff Anti-Government Extremist Threat

Feds eye retirement-fund tax to cut $16 trillion-plus deficit

Uncle Sam, in a desperate attempt to fix its $16 trillion-plus deficit, is leering over Americans’ retirement nest egg as its new bailout fund. Capitol Hill politicians are assessing tax changes that could let the Internal Revenue Service lay claim to a portion of the $18 trillion sitting in 401(k) accounts and other tax breaks used by middle-class workers, including cutting the mortgage tax deduction. A commission looking for ways to close the deficit, and, noting the extent of 401(k) tax breaks, recommends an examination of the system as one way to prevent government bankruptcy. Besides 401(k)s, other possibilities include the mortgage-interest deduction on second homes, as well as benefits from employer-provided health insurance, which are untaxed now. Under current 401(k) rules, total employee/employer contributions can’t exceed $50,000. In the proposed rule change, employer/employee contributions would be limited to 20 percent of the employee’s compensation, with a maximum of $20,000, the so-called 20/20 proposal. Another proposal being discussed in Congress says all tax deductions on 401(k)s and IRAs to be replaced with an 18 percent credit. The credit, according to a proposal that has been endorsed by economist William Gale, would be placed directly in a person’s retirement account. “Unlike the current system,” Gale told Congress, “workers’ and firms’ contributions to employer-based 401(k) accounts would no longer be excluded from income and would be subject to taxation, contributions to IRAs would no longer be tax-deductible and any contributions to a 401(k) plan would be treated as taxable income.” In other words, the employee and employer would no longer get a deduction under the Gale plan, they would qualify for a credit. And the credit would “increase [government] revenues by about $458 billion,” Gale says. Read more: http://www.nypost.com/p/news/business/plunder_CrD9s6MElVsEIJj2IVgHuK#ixzz1smfNWICC

Saturday, April 21, 2012

U.N. to debut plan for world socialism in June Continue reading on Examiner.com U.N. to debut plan for world socialism in June--t

The United Nations is holding its' "Conference on Sustainable Development" in Rio de Janero, Brazil, over three separate sessions in June, to which organizers, led by UN Conference Secretary-General of Rio+20, Sha Zukang [who 'really doesn't like Americans'], expect 193 attendees from governments, the private sector, NGOs and other stakeholders, according to the Sarah de Sainte Croix March 20, 2012 article in The Rio Times.
The stated themes of this colossal conference, which is structured around a 204-page report titled, "Working Towards a Balanced and Inclusive Green Economy, A United Nations System-Wide Perspective," are “the green economy in the context of sustainable development and poverty eradication,” ... [by and through] ... "the institutional framework for sustainable development,” according to George Russell's excellent and quoted-filled FOXNews article today.
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More specifically, the debates will cover a ... 'breathtaking array of carbon taxes, transfers of trillions of dollars from wealthy countries to poor ones, and new spending programs to guarantee that populations around the world are protected--from the effects of the very programs the world organization wants to implement.
According to Russell, the Obama Administration officials have supported this "agenda," which is designed to 'make dramatic and enormously expensive changes in the way that the world does nearly everything—or, as one of the documents puts it, "a fundamental shift in the way we think and act."
According to U.N. Secretary General Ban Ki-moon, proposals on how the “challenges can and must be addressed,” include:
--'More than $2.1 trillion a year in wealth transfers from rich countries to poorer ones, in the name of fostering “green infrastructure ... climate adaptation ... other green economy” measures.'
--'New carbon taxes for industrialized countries [amounting to] about $250 billion a year, or 0.6 percent of [US] GDP by 2020. Other environmental taxes are mentioned, but not specified.'

Friday, April 20, 2012

Surveillance Net: “Beyond Anything That Has Ever Existed Previously”

After a certain point, it’s not paranoia.

The latest brick in the wall is the predictably named “Moving Ahead For Progress in the 21st Century Act,” also known as Senate Bill 1813. (See here for the full text of the bill itself; the relevant section is 31406.) This legislation – already passed by the Senate and likely to be passed by the House – will impose a legal requirement that all new cars made beginning with the 2015 models be fitted with so-called Event Data Recorders (EDRs). These are the “black boxes” you may have read about that store data about how you drive – including whether you wear a seat belt and how fast you drive – ostensibly for purposes of post-accident investigation.

These EDRs are not new. GM and other automakers have been installing them in new cars for years – in GM’s case, since the late 1990s. What’s new is the proposed federal mandate, which would make itillegal to not have one – or (in all likelihood) to remove or disable one in a car required to have the device.

The question arises: why?

Several possibilities come to mind:

First, the EDRs could – and almost certainly will be – tied into your vehicle’s GPS. (Most new and late model cars, conveniently, already have this, too.) Then data about your driving can be transmitted – as well as recorded. To whom? Your insurance company, of course. Progressive Insurance already has such a system in place – voluntary, for the moment. (See here for more on that.)

When EDRs are mandated, you will no longer have a choice.

We’ll be told it’s all for the sake of (groan) “safety” – just like the old 55 MPH highway speed limit and every radar trap in the country. Of course, it’s really for the sake of revenue – the government’s and the insurance company’s. Your rates will be “adjusted” in real time, for every incident of “speeding” or not buckling up. It’ll be so much more efficient than using cops to issue tickets. After all, so many fishes escape! With an EDR in every car, no one will escape. Your “adjusted” premium will be waiting for you when you get home.

You’ve got mail!

And naturally, they – the government, insurance companies – will be able to track your every move, noting (and recording) where you’ve been and when. This will create a surveillance net beyond anything that ever existed previously. Some will not sweat this: After all, if you’ve got nothing to hide, why worry? Except for the fact that, courtesy of almost everything we do being either “illegal” or at least “suspicious” we all have a great deal to hide. The naivety of the Don’t Worry, it’s No Big Deal crowd is breathtaking. Did the average Soviet citizen also “not have anything to hide,” and hence why worry?

But the last possibility is probably the creepiest possibility: EDRs tied into your car’s GPS will give them – the government and its corporate fuck buddies – literal physical control over (hack) “your” vehicle. This is not conspiracy theorizing. It is technological fact. Current GM vehicles equipped with the same technology about to be mandated for every vehicle can be disabled remotely. Just turned off. All the OnStar operator has to do is send the appropriate command over the GPS to your car’s computer, which controls the engine. It is one of the features touted by OnStar – of course, as a “safety” feature.

In the future, it will be used to limit your driving – for the sake of “energy conservation” or perhaps, “the environment.” It will be the perfect, er, vehicle, for implementing U.N. Agenda 21 – the plan to herd all of us formerly free-range tax cattle into urban feedlots. So much easier to control us this way. No more bailing out to the country or living off the grid – unless you get there (and to your work) by walking.

The pieces are all coming together.

CISPA: say 'goodbye' to privacy and freedom

Thursday, April 19, 2012

Congress Is About To Pass A Bill That Restricts Traveling, Driving And International Banking

The U.S. Passport Act of 1926 is an obscure piece of legislation that was enacted decades ago when the idea of passports started catching fire around the world.
Subsequently absorbed into U.S. Code Title 22, the law was originally intended to authorize and issue passports for . .citizens to travel abroad.
Several years ago, the law was modified to provide the Secretary of State with the authority to revoke or deny a passport to any U.S. citizen convicted of engaging in immoral acts with minors overseas.
Until now, this has been the only instance of excluding a U.S. citizen from travel abroad. But if Senator Barbara Boxer gets her way, there’s going to be one more.
As part of Senate Bill 1813 (known as MAP-21), Congress has inserted language that would oblige the Secretary of State to revoke or deny a passport to any U.S. citizen who the IRS Commissioner deems as having "seriously delinquent tax debt."
For the purposes of MAP-21, "seriously delinquent tax debt" is defined as an amount in excess of $50,000 in which a notice of lien or levy has been filed in public records.
Bear in mind, this is strictly an administrative procedure; there is no due process. By comparison, even pedophiles go in front of a judge before losing their passports.
Something is wrong with this picture.
News of the 1676-page bill has broken across mainstream media outlets. Forbes, Fox Business, the Atlantic, BusinessWeek … everyone is reporting on this now.
So far, though, no one in Washington has shown any intention of backing down.
I’ve taken the time to actually read the entire bill myself … I wanted to ensure that I

Read more: http://www.sovereignman.com/expat/something-is-wrong-with-this-picture/#ixzz1sVlG2w00

Senator Rand Paul Concerned Interpol Could Arrest Americans Under Foreign Laws

Appearing on Infowars Nightly News Wednesday, Kentucky Senator Rand Paul said that he fears the international police agency Interpol has been granted too much authority to operate without oversight in the United States.

Paul suggested that new powers granted to Interpol by president Obama could see US citizens arrested or even extradited by the agency under foreign laws.

“I’m kind of concerned about having an international police force in our country with the ability, maybe, to extradite US citizens and send them to another country.” The Senator said.

“Egypt, as you know over the last few months has been holding some American pro-Democracy workers in their country and they were going to try them on trumped up political charges. So a couple of months ago I said ‘you know what, we send two billion dollars to a country that treats us this way?’ So I tried to hold up their foreign aid, and as a consequence, part of what I was doing, they released our American citizens.”

“Then they came home and Secretary Clinton went and released their aid. I wrote her a letter and said she shouldn’t do it because these prosecutions were still ongoing.” The Senator said.

“They also made the US taxpayer pay a five million dollar ransom for these Americans to come home, promising they would come back to stand trial. But this week we have learned that Egypt has asked Interpol for a national warrant, they have these red letter warrants, that can be used anywhere in the world.”

The Rothschilds 500 TRILLION DOLLARS

Wednesday, April 18, 2012

What's the government buying these days? Hollow point bullets, hardened checkpoint booths and radiation pills

You can tell a lot about a person by assessing what they purchase. It's called "consumer profiling," and corporations do it all the time. That's how those grocery store loyalty discount programs work, by the way -- they profile your psychology by analyzing what you're buying. From that information, they can target you for coupons, mailers and other marketing campaigns that "magically" speak to your particular interests. It's not magic, of course; it's just behavioral profiling.

So what happens if we profile the purchasing behavior of the U.S. government? What do we find?

Bullets, bullet-proof roadside checkpoint booths, and anti-radiation pills.


450 million rounds of hollow points to be used against the American people

Just a few weeks ago, the federal government initiated a contract for acquiring 450 million rounds of .40 caliber ammunition. "The special hollow point effectively passes through a variety of barriers and holds its jacket in the toughest conditions," says a press release from the award winner, ammunition manufacturer ATK. (http://www.marketwatch.com/story/atk-secures-40-caliber-ammunition-co...). This ammo is for the Department of Homeland Security as well as ICE.

Question: What does DHS intend to do with 450 million rounds of barrier-piercing hollow point ammunition?

The really important answer is that no one buys hollow point bullets for target practice. They're too expensive. Practice ammo is always FMJ ammo (Full Metal Jacket), meaning it has a solid tip. But the far more expensive hollow point ammo is ballistically designed to shred internal organs upon impact. It's the kind of ammo used by police officers who want to shatter the bad guy's sternum as quickly as possible and thereby bring him to the ground where he bleeds out from internal tissue trauma.

The DHS is a domestic agency. It does not fight wars overseas. It almost exclusively concerns itself with the American people on American soil. That the DHS is contracting to buy 450 million rounds of hollow point ammo can only mean DHS plans to need this ammo to be used against the American people.

Do the math: That's almost two bullets for every man, woman and child in America -- all in the hands of a government agency that says you should spy on your fellow citizens because they might be terrorists. The message is clear: Government is good, citizens are bad. And DHS feels it needs 450 million rounds of hollow point ammo to keep the American people in line, apparently. For what other purpose would so much hollow point ammo be purchased?

Bullet-proof roadside checkpoint booths

Obama's push to implement 'Eco-Tyranny'

The environmentalist movement isn’t about protecting the environment at all, according to meteorologist-turned-journalist Brian Sussman.
It’s about destroying private property, controlling behavior, and expanding government – and the Obama administration has a secret plan to further all of it, he says.
Sussman is now blowing the whistle on the real nature of environmentalism in his explosive brand-new book, “Eco-Tyranny.”
He reveals secret memos from inside Obama’s Bureau of Land Management, or BLM, outlining a covert plan “to pursue a program of land consolidation” for the federal government to secure tens of millions of acres of land that will be permanently out of reach for entrepreneurs, businessmen and private citizens.
 

The plan, entitled “Our Vision, Our Values,” notes that 130-140 million acres under BLM management are worthy of consideration as “treasured lands.” Because ecosystems defy “jurisdictional boundaries,” the memo outlines strategies by which the federal government can “rationalize and consolidate” its fragmented landholdings in order to properly “manage-at-scale.” While an ecosystem can simply refer to a single pond or small area, it can also refer to entire geographic regions, thus giving the government an almost unlimited justification to seize private property adjacent to “treasured lands.”
Sussman exposes this is not just theoretical discussion within the White House. The Obama administration is already moving to implement this as policy without consulting Congress by issuing an executive order entitled “America’s Great Outdoors Initiative.”
Learn about Obama’s diabolical plan to control your life by controlling your environment. Get a personally autographed copy of “Eco-Tyranny” today!

Tuesday, April 17, 2012

You Are Free To Travel—If The IRS Lets You

A bill that nobody is paying any attention to is sailing through Congress: Senate Bill 1813. It passed the Senate by 74 to 22, and is expected to sail through the House as well. It’s an act “[t]o reauthorize Federal-aid highway and highway safety construction programs, and for other purposes.”

It’s the “and for other purposes” part of the title that has me worried—specifically Section 40304: “Revocation or denial of passport in case of certain unpaid taxes.

This section would give the IRS the power to keep a U.S. citizen from traveling—

—and it’s another example of Executive Power run amok. It’s another example of how the United States is turning into a police-state.

The right to travel freely is sacrosanct—it’s not some privilege that the government bestows on us: It’s one of our basic freedoms as citizens. In point of fact, the countries that have limited their citizens’ ability to travel—the Soviet Union, the People’s Republic of China, North Korea, Cuba—were all rightfully called “police-states”: It’s one of their defining characteristics—the fact that they were keeping their citizens hostage.

In the United States, there are several, clearly defined reasons why you would have your passport either denied or revoked—and all of them pass the smell test.



Executive Order: Federal Government To Take Control of Domestic Natural Gas Production; EPA Set To Move Within One Week

While Americans focused their attention on the Colombian controversy involving U.S. Secret Service agents, prostitutes and excessive drinking, President Obama quietly signed his latest Presidential Executive Order.
The Supporting Safe and Responsible Development of Unconventional Domestic Natural Gas Resources Executive Order seeks to create what amounts to a Presidential super committee that will oversee the regulation and development of the ‘unconventional’ natural gas industry for the purpose of ensuring a long-term natural gas supply for the United States, as well as to do so in a safe and environmentally responsible manner.

Excerpts (Read the complete E.O.):
While natural gas production is carried out by private firms, and States are the primary regulators of onshore oil and gas activities, the Federal Government has an important role to play by regulating oil and gas activities on public and Indian trust lands, encouraging greater use of natural gas in transportation, supporting research and development aimed at improving the safety of natural gas development and transportation activities, and setting sensible, cost-effective public health and environmental standards to implement Federal law and augment State safeguards.
Because efforts to promote safe, responsible, and efficient development of unconventional domestic natural gas resources are underway at a number of executive departments and agencies (agencies), close interagency coordination is important for effective implementation of these programs and activities.  To formalize and promote ongoing interagency coordination, this order establishes a high-level, interagency working group that will facilitate coordinated Administration policy efforts to support safe and responsible unconventional domestic natural gas development.
The target of the legislation is what many believe is the unrestricted and out-of-control drilling practices of hydraulic fracturing, or fracking, a process which blasts water, sand and chemicals underground to stimulate the release of natural gas. Fracking has led to health concerns from environmentalists and others for its potential to pollute the air and contaminate drinking water. Some theories also suggest that fracturing may raise the likelihood of earthquakes in areas like the central United States, an argument that many scientists agree is plausible.

Monday, April 16, 2012

Europe Will Collapse in May-June

By Graham Summers

Starting back in August, I began suggesting that we were approaching a Systemic Crisis/ Crash scenario in the markets.

The technical and fundamentals both supported this forecast, but I completely underestimated the degree to which the Central Banks and EU would attempt to prop up the market.

At that time, I thought it likely we’d see a Crash, which would then be met with another round of stimulus, which would push the economy temporarily into the green. It seemed the most logical outcome given that we were heading into an election year with a President whose ratings were at record lows.

Instead, the Federal Reserve, particularly those Fed Presidents from Financial Centers (Charles Evans of Chicago and Bill Dudley of New York) began a coordinated campaign of verbal intervention, hinting that more easing or QE was just around the corner.

These verbal interventions coincided with coordinated monetary interventions between the Federal Reserve and other world Central Banks: first on September 15 2011 and again on November 30 2011.

The effects of both coordinated moves were short-lived in terms of equity prices, but they did send a message that the Central Banks were willing to intervene in a big way to maintain the financial system. This in turn helped to ease interbank liquidity problems in Europe (more on this in a moment) and maintain the belief that the Fed backstop or “Bernanke Put” was still in effect.

Another issue that served to push the markets higher was European leaders’ decision to go “all in” on the EU –bail out project. I’ve tracked those developments closely in previous articles.

Regarding this factor, I also underestimated the extent to which leaders would push to hold things together. After all, Greece had already received bailouts in excess of 150% of its GDP and still posted a GDP loss of 6.8% in 2011. It’s hard to believe they’d want to accept more austerity measures and more debt.

Moreover, political tensions between Greece and Germany had reached the point that Greeks were openly comparing German Chancellor Angela Merkel and Finance Minister Wolfgang Schauble as Nazis while the Germans referred to Greece as a “bottomless hole” into which money was being tossed.

Saturday, April 14, 2012

Insiders Tell Jim Sinclair, $17 Trillion in QE Coming

No matter how the Fed tries to manipulate the markets through its orchestrated communiques, more ‘quantitative easing’ is coming, says ‘Mr. Gold‘ Jim Sinclair. And this time, $17 trillion more of Sinclair’s mantra “QE to infinity” is a done deal, according to him.
How does he know?
“How does anyone know an answer to a question? By being told. By having sources,” Sinclair revealed to King World News, Friday. “I’m half a century in the business. I’ve constantly kept up my contacts in a very unique and focused way. Quantitative easing was made clear to me, prior to Bernanke’s speech to the Washington group, prior to quantitative easing.”
 
The 50-year-plus veteran of the gold market first came to use the term “QE to infinity” back as early as the summer of 2009, suggesting he knew all along that the Fed had finally reach a liquidity trap and that it was inflate or die from then on.
Nearly three years later, there’s been no chink in that assessment, as evidenced by the Fed’s subsequent QE2 program, bogus currency swaps schemes as well as the most recent backdoor bailout of Europe through the Troika earlier this year.
“The next step in the formula is the fatigue of Asia in supporting bad Western monetary habits and QE to infinity to protect the long term 28 year up-trend line in the 30 year U.S. Treasury bond market,” he said in a Jul. 2, 2009 post.
A look at a 20-year chart of the 30-year Treasury reveals the trend line Sinclair had spoken of. Investors seeking clues to the dollars next major move could find in the chart of the 30-year bond.
Both the MACD and Slow STO indicate intermediate-term technical topping in the 30-year bond, and the trend line has held ever since the Jul. 2009 post.

As far as the outlook for the gold market, Sinclair is as bullish on gold as he’s as sure of more QE from the Fed.

Friday, April 13, 2012

The Great Collapse of the US Empire

The biggest story of the late 20th century was the collapse of the Soviet Union.  After decades of a government controlled, centrally planned economy and outsized military expenditures the Soviet Union just one day ceased to be.  Fast forward a few decades and now the biggest story about to happen in the early 21st century will be the collapse of the US empire for the exact same reasons.
The US economy has been centrally planned and manipulated by the communist fashioned central bank, the Federal Reserve, for 99 years now.  But it wasn't until August 15, 1971 that the last linkage of gold from the US dollar was removed and the US Government and the Federal Reserve were allowed to truly run rampant with their anti-capitalist economic system.
A look at US Government debt since the beginning of the 20th century tells the story:
Just like the Soviet Union the US has also bankrupted itself on offense.  Sorry, they call it defense even though all they do is attack and occupy other countries.  The US spends more than the rest of the world combined on its military and spends $2,374 per capita each year.  The next nine closest countries in military spending per capita average $80 per annum.
Yet millions of US citizens will rise to their feet and cheer as military jets streak overhead literally burning their money in front of their eyes.  "USA!  USA!  USA... is bankrupt".
And, just like the Soviet Union, the US is destined to collapse.  It is not an if... it's only a when.

Thursday, April 12, 2012

The Army Is Stocking Up On A Ton Of Anti-Radiation Pills To Protect Troops


While checking out the Federal Business Opportunities network, we came across a listing by the Defense Logistics Agency — the Troop Support branch — seeking a supply of potassium iodide tablets.Scrolling through the online solicitation, you'll see the U.S. Army Medical Material Agency wants to ensure "critical operational forces are protected in the event of nuclear fallout."
The FDA recommends taking potassium iodide in radiation emergencies to block cancer-causing radioiodines that would otherwise be absorbed by the body's thyroid — the gland in your neck that regulates adrenaline and metabolism, along with doing a bunch of other stuff we need to survive.
The U.S. has bought potassium iodide tablets in the past, and is now looking ahead to scenarios, possibly spurred by last year's Fukushima crisis.

4 Fiat Money Will Collapse, The Barter System Will Be King, Crime And Violence will Surge

From King World News:
If the government does provide a large round of stimulus ... (we) will see the end of fiat money and probably a new monetary system and a new governmental system. Europe and Asia will both go through chaos. Immigration to the US will be huge.

The eurozone will come apart. The barter system will be king. Real estate, gold, silver and diamonds will be the main vehicles of wealth (along with weapons). Start now watching the stocks of Sturm Ruger (above) and Smith & Wesson.

Russell advice -- For ultimate safety over the long pull, buy and own bullion gold, silver, and gem quality diamonds as well as collectible treasures. If you don't believe me on collectibles, check the prices they are going for at auctions.

In this backdrop, Russell warns:
Get ready for a crime wave -- a large segment of the population will do ‘whatever it has to’ in order to obtain food. Hungry men and women can be desperate and lawless.

Read the whole piece at KingWorldNews.com.

Tuesday, April 10, 2012

Seven surprising predictions for 2012 - 2013. Hang on tight!


My name is Will Hope and I call my periodical The SOB Journal because it reflects the times in which we live.

Thus, when we were kids, we all believed in Santa Claus until we learned it was just make-believe. Later, most of us swallowed another fairy tale: Washington was wise, trustworthy and would look after us when we needed help.

It’s mostly a myth, of course. Washington is corrupt and dysfunctional, and the federal deficit has spiraled way out of control (See box “Into the abyss.”). Meanwhile, Europe’s situation is steadily worsening (23% unemployment in Spain, and growing), the global economy is coming apart, and the worldwide debt situation is reaching a climax.






     
  Into the abyss  
 
Here is the Federal Government’s current fiscal year:

• United States tax revenue.................... $2,170,000,000,000
• Fed budget: ........................................... $3,820,000,000,000
• New debt: ............................................... $1,650,000,000,000
• National debt: ...................................... $14,271,000,000,000
• Recent budget cut: .................................... $ 38,500,000,000

Now, remove 8 zeros from each line and pretend it's a household budget:

• Annual family income: .............................................. $21,700
• Money the family actually spent: .............................. $38,200
• New debt added to their credit card: ....................... $16,500
• Outstanding balance on their credit card: ..............$142,710
• Total budget cuts for coming year: ................................ $385

BOTTOM LINE: The southern European nations are plunging because their public debt got hopelessly out of control. Blame a generation of failed political leadership and the greedy citizens who elected them, and kept re-electing them.

America is rapidly heading in the same direction. Where will it end?
 
     





Can America avoid this mess? No, because we’re already in it. And if the Europeans go down, they’ll drag everyone else with them. Or if/when there is conflict with Iran, oil will hit $200 and we’ll have a financial meltdown. Or … whatever. In this unstable world, the unexpected happens all the time.

Besides, how can we significantly cut our $1.6 trillion deficit without setting off a major recession? It’s not possible. But there’s something else.

Severe recessions create enormous transfers of wealth. Most people lose as capital and credit shrink, values drop and business gets tougher. But that also creates huge lifestyle changes that drive endless innovation: new ways of living, and making and saving money.

In other words, we’re forced to change, do things differently - but somehow you don’t hear about this.


Fresh thinking … new ideas.
With everything changing so fast, so quickly, it's easy to become obsolete - especially when it comes to making money and deciding on a career. Just ask those recently graduated young lawyers, loaded with debt, what it’s like trying to find a well paid position.

SOB would suggest that you take a fresh look at everything in your life, apart from your core values, and consider just about anything. Thus

Light Facebook and Google are creating scores of home businesses that can net $500 - $2,000+ weekly. Little or no start-up capital, no specialty skills required, and it’s a lifesaver for hundreds of people. Small town, large city, it makes no difference. SOB has a social networking genius to keep you updated with the latest online money-makers before they become available.

• A fast-track way to move your family to resource-rich Canada. Why not? There’s a strong economy and financial system, good employment market, almost zero-cost healthcare and a sane way of life. You think the country is all snow and ice?!! Hardly. Temperatures where 90% of Canadians live are the same as the northern states - they even tee - off year-round in Vancouver.

Dare to try something REALLY different? We know a business activity that used to be outside the law, now “gray” and unenforced, that’s netting some people $1,000, $2,000 weekly, occasionally much more. Initial startup capital: under $1,000. Few competitors, and your product sells purely by word-of-mouth.

There’s an ingenious way to ‘bury’ personal debt, leaving no discernible trace on people’s credit records. They say it can’t be done but that’s BS. Desperate times call for desperate measures, and a rogue banker shows how it's done.

• Luxurious condos in Greece, Spain and Portugal are sinking towards 15% of their former values. Islands in the Aegean will be selling for a few thousand dollars, which would have cost $200,000 five years ago.

Think Germany of 1923, when it took 200 billion marks to obtain a loaf of bread, and people sold priceless family heirlooms for the price of a meal. Now it’s starting again - though not in Germany - and spreading throughout southern Europe. Feast for vultures.

Financially trapped and forced to cut your losses? Last year over 20,000 families simply disappeared and created new identities … new lives. We won’t moralize on whether you should or shouldn’t do this - but a disappearance “specialist” shows how to do it if you’re desperate.

… and so on. The SOB Journal is about practical survival and whatever-it-takes opportunism from sources you could never otherwise reach.

Friday, April 6, 2012

Ever Wondered Just Who Is The Committee of 300?

Ever Wondered Just Who Is The Committee of 300?

It is said they are a tight-knit group of elitists who have been pulling the strings of our various governments and ruling all our lives up until recently.
Ben Fulford pointed directly to them this week in his latest post.
But have you ever wondered exactly who the members of the Committee of 300 are? I know I have.
As we know from all our sources – from SaLuSa to Matthew Ward, from David Wilcock to Ben Fulford and, more recently Drake and Cobra – mass arrests of the dark cabal are about to take place.
Which means they won’t be around much longer in their current jobs and homes.
So, just in case you didn’t know who they all are – like me -  and just so we all know who they are when they are arrested for their crimes to humanity and this planet very soon, I followed the link in Ben’s post.
Here’s what I found…

This is a short excerpt from the site’s home page:
http://www.pseudoreality.org/
The Committee of 300 governs the world via a three-city state empire, in which the cities pay no taxes and obey their own laws.
City of London Corporation – Financial power centre, established in 1067
District of Columbia – Military power centre, established in 1871
Vatican City – Religious power centre, sovereign in 1929
The Committee of 300 uses a network of roundtable groups, think tanks and secret societies which control the world’s largest financial institutions and governments. The most prominent of these groups include Chatham House, Bilderburg Group, Trilateral Commission, Council on Foreign Relations, Ditchley Foundation, Club of Rome, RAND Corporation, PNAC and of course Freemasonry.
Western Europe, excluding the German Empire, was united by the House of Guelph in 1815. The German Empire was conquered in 1918 along with the Russian Empire and the Ottoman Empire following World War I. The thousand year war between the Guelph’s and Ghibelline’s finally concluded with the Axis defeat in WWII, and the introduction of nuclear weapons, since then the world has been under monopolist control.
The victors of WWII play off the Germanic race as losers in that ideologically staged war. The Germanic race was in fact spectacular winners, crushing the mighty Japanese Empire and recapturing control over the Holy Land. Communism was allowed to spread through Eastern Europe and Asia, proving to be a superior method of conquering peoples than warfare. Communism in the forms of socialism, Outcome Based Education and slanted mass media has spread through the western world converting people by suggestion to Marxist-Leninist ideology.
Following WWII in 1946 the Tavistock Institute was established in London with a grant from the Rockefeller Foundation. Tavistock’s pioneer work in behavioural science along Freudian lines of ‘controlling’ humans established it as the world centre of foundation ideology. “All Tavistock and American foundation techniques have a single goal—to break down the psychological strength of the individual and render him helpless to oppose the dictators of the World Order. Any technique which helps to break down the family unit, and family inculcated principles of religion, honour, patriotism and sexual behaviour, is used by the Tavistock scientists as weapons of crowd control.”
This section then goes into a whole spiel about World War III, which the Galactics have told us will not happen.
So I will leave you to your own discretion here if you wish to keep reading: http://www.pseudoreality.org/

Thursday, April 5, 2012

“The Great Depression II: You Ain’t Seen Nothing Yet”

 By James Quinn


“Human history seems logical in afterthought but a mystery in forethought. Writers of history have a way of describing interwar societies as coursing from postwar to prewar as though people alive at the time knew when that transition occurred.” – Strauss & Howe, "The Fourth Turning"

"Watching pompous politicians, egotistical economists, arrogant investment geniuses, clueless media pundits, and self- proclaimed experts on the Great Depression predict an economic recovery and a return to normalcy would be amusing if it wasn’t so pathetic. Their lack of historical perspective does a huge disservice to the American people, as their failure to grasp the cyclical nature of history results in a broad misunderstanding of the Crisis the country is facing. The ruling class and opinion leaders are dominated by linear thinkers that believe the world progresses in a straight line. Despite all evidence of history clearly moving through cycles that repeat every eighty to one hundred years (a long human life), the present generations are always surprised by these turnings in history. I can guarantee you this country will not truly experience an economic recovery or progress for another fifteen to twenty years. If you think the last four years have been bad, you ain’t seen nothing yet.

Hope is not an option. There is too much debt, too little cash-flow, too many promises, too many lies, too little common sense, too much mass delusion, too much corruption, too little trust, too much hate, too many weapons in the hands of too many crazies, and too few visionary leaders to not create an epic worldwide implosion. Too bad. We’ve experienced horrific Crisis periods three times in the last 250 years and winter has arrived again exactly as forecasted by Strauss & Howe in 1997. The linear thinkers will continue to predict a recovery that never arrives. We have awful trials and tribulations, dreadful sacrifices of blood and treasure, and grim choices awaiting our country over the next fifteen years. Linear thinkers will scoff at such a statement as they irrationally view the world as a never ending forward progression towards a glorious future. History proves them wrong. We stand here in the year 2012 with no good options, only less worse options. Decades of foolishness, debt accumulation, and a materialistic feeding frenzy of delusion have left the world broke and out of options. And still our leaders accelerate the debt accumulation, while encouraging the masses to carry-on as if nothing has changed since 2008. Sadly, millions of lemmings want to believe they will not drown in the sea of un-payable commitments. Truth is a scarce resource on the planet today.

Wednesday, April 4, 2012

The Second Foreclosure Tsunami Is Coming, And Is About To Kill Any Hopes Of A "Housing Bottom"

In what appears to be surprising news for some, Reuters has an article titled "Americans brace for next foreclosure wave" whose key premise is that "a painful part two of the [housing] slump looks set to unfold: Many more U.S. homeowners face the prospect of losing their homes this year as banks pick up the pace of foreclosures." Thank the robosettlement, where in exchange for a few wrist slaps, contract law was thoroughly trampled by America's attorneys general, but far more importantly to the country's crony capitalist system, the foreclosure pipeline was once again unclogged, and whether one does or does not have a legal title on a given house, the banks are now fully in their right to foreclose on it. What this means also is that America's record shadow housing inventory, which is far greater than any fabricated number the NAR reports on a monthly basis, is about to get unleashed on buyers, shifting the supply curve much further to the right, as up to 9 million new properties slowly but surely appear on the market. And while many will no longer be able to live mortgage free, forcing them to go out and rent (and no longer be able to afford incremental iGizmos), it also means that the prevalent price of homes is about to take another major tumble, making buffoons out of all those who, once again, called for a housing bottom in early 2012. Here's the simply math: there will be no housing bottom until the 9 million excess homes clear. Period. Until then it is a buyer's market, even if said buyer is unable to obtain bank financing, as ultimately it will be the seller who is forced to monetize (or vacate if underwater) their home in a world of ever diminishing cashflows. The fear of the supply onslaught will only make the dumpage that much faster.

Walmart wants to use eminent domain to obtain property - "We don't want the property owner to go high on us..."

Walmart developer asks Straban to consider eminent domain

Developers of a proposed "Gettysburg Crossing" shopping complex at the intersection of Route 30 and Shealer Road in Straban Township are asking the municipality's supervisors to adopt an eminent domain resolution in an effort to speed up right-of-way agreements with neighboring property owners.



Atapco Properties is proposing more than $3 million in roadway improvements, much of which stems from Straban's capital improvements plan. The plan, among other items, calls for significant upgrades to the Route 30 corridor to be able to handle traffic from new development.
Straban solicitor Walton Davis said he would like to take a month to look over the language in the resolution, but wouldn't be opposed to recommending supervisors adopt it.


"I have said it before," Davis said. "To be able to enhance the capital improvements plan, the township will, if pushed, take the step of eminent domain. We don't want to do it, but we will."

"We will make a fair offer," said Dave Lazas, senior development manager at Atapco. "However, we're not going to pay $200,000 for a piece of property that would be appraised at $20,000. We don't want the property owner to go high on us because they think we need the property."

Tuesday, April 3, 2012

Reggie Middleton On Bank Fraud and Financial Ponzi Schemes

Financial analyst Reggie Middleton is interviewed on a range of topics by Max Keiser.
- Fed bought 61% of new Treasury debt issuance distorting markets
- Higher oil prices are due to monetization of the currency and not increased demand
- Higher education has all the characteristics of a debt bubble
- Big name investment banks are take advantage of their clients in order to make short term financial goals
- JPM and other TBTF banks have forged partnerships with governments to public detriment
- Facebook IPO is good for Mark Zuckerberg but not for shareholders, Wall St. marketing

MORE AT HEADING LINK ABOVE

Monday, April 2, 2012

All U.S. Electronics From China Could Be Infected

Well, it’s been pretty obvious for a while now that China’s been hacking into some  of America’s most important businesses and government agencies and stealing reams of data. We’ve heard countless reports about Pentagon info being stolen orabout critical data on the F-35 Joint Strike Fighter being plucked from defense contractors networks — with China being the main suspect.
Well, former U.S. counter-terrorism czar –currently running his own cybersecurity firm — Richard Clarke is coming out and saying that all electronics made in China may well have built-in trapdoors allowing Chinese malware to infect American systems on command. The malware could do everything from take over a device to disabling it to secretly siphoning information off of it.
Just remember, plenty of military electronics parts are sourced from China too. U.S.-based defense contractors routinely buy things like processors and circuit boards — that end up on the Pentagon’s most advanced weapons, everything from fighter jets to nuclear submarines — from brokers who get such parts in China. As you know, these parts often prove fake, something that’s dangerous enough due to the high risk of a fake part failing. What’s to stop real parts made in China from carrying an equally dangerous cyber trapdoor?
Here’s what Clarke Recently told Smithsonian Magazine:

“My greatest fear,” Clarke says, “is that, rather than having a cyber-Pearl Harbor event, we will instead have this death of a thousand cuts. Where we lose our competitiveness by having all of our research and development stolen by the Chinese. And we never really see the single event that makes us do something about it. That it’s always just below our pain threshold. That company after company in the United States spends millions, hundreds of millions, in some cases billions of dollars on R&D and that information goes free to China.…After a while you can’t compete.”
But Clarke’s concerns reach beyond the cost of lost intellectual property. He foresees the loss of military power. Say there was another confrontation, such as the one in 1996 when President Clinton rushed two carrier battle fleets to the Taiwan Strait to warn China against an invasion of Taiwan. Clarke, who says there have been war games on precisely such a revived confrontation, now believes that we might be forced to give up playing such a role for fear that our carrier group defenses could be blinded and paralyzed by Chinese cyberintervention. (He cites a recent war game published in an influential military strategy journal called Orbis titled “How the U.S. Lost the Naval War of 2015.”)
As Gizmodo points out, this may just be clark doing his job as the head of a cybersecurity company to drum up business or it might be another prescient warning from the man who predicted a “spectacular” al Qaeda attack before 9/11. All I have to say is that implanting trapdoors in electronic goods bound for the U.S. would make perfect sense.

Sunday, April 1, 2012

20 Signs That We Are Witnessing The Complete Collapse Of Common Sense In America

What do you do when an entire nation begins to lose the capacity to think rationally?  Many Americans spend a great deal of time criticizing the government, and there is certainly a lot to complain about, but it is not just the government that is the problem.  All over America, people appear to be going insane.  It is almost as if we have been cursed with stupidity.  Sadly, this applies from the very top of our society all the way down to the very bottom.  A lot of us find ourselves asking the following question much more frequently these days: "How could they be so stupid?"  Unfortunately, we are witnessing a complete collapse of common sense all over America.  Many people seem to believe that if we could just get Obama out of office or if we could just reform our economic system that our problems as a nation would be solved, but that is simply not true.  Our problems run much deeper than that.  The societal decay that is plaguing our country is very deep and it is everywhere.  We are a nation that is full of people that do not care about others and that just want to do what is right in their own eyes.  We hold ourselves out to the rest of the world as "the greatest nation on earth" and an example that everyone else should follow, and yet our own house is rotting all around us.  The words "crazy", "insane" and "deluded" are not nearly strong enough to describe our frame of mind as a country.  America has become a sad, delusional old man that can't even think straight anymore.  The evidence of our mental illness is everywhere.
The following are 20 signs that we are witnessing the complete collapse of common sense in America....
#1 According to Wired Magazine, FBI agents have been taught that they can “bend or suspend the law” as they pursue criminals and terrorists.  But when they break the law they become criminals themselves.
#2 A TSA manager (not just an agent) at Dulles International Airport was recently discovered to be running a prostitution ring out of a local hotel room.  TSA agents have been charged with crime after crime after crime and yet we continue to allow them to be in charge of airport security.
#3 CBS News is reporting that approximately 200 pieces of luggage a day are being stolen by employees at John F. Kennedy International Airport and authorities still have not been able to stop it.
#4 Visitors to the United States must now pay $14 to complete an online form that asks them a series of really bizarre questions.  For example, one of the questions asks visitors to the U.S. if they ever "collaborated with the Nazis".
#5 The U.S. military is buying huge amounts of electronic parts from China (mistake number one) and a government investigation has uncovered the fact that a large percentage of these parts are counterfeit.  Yet the U.S.military continues to buy huge amounts of electronic parts from China (mistake number two).
#6 A high school senior in Indiana was recently expelled from school for cussing on Twitter.
#7 Police in Chicago apparently believe that our "First Amendment rights can be terminated" at their discretion.
#8 Americans are becoming very cruel to one another.  This is especially true when it comes to the weak and the elderly.  For example, two "caregivers" down in Georgia were recently charged with waterboarding an 89-year-old woman that had been entrusted to their care....

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