Wednesday, July 30, 2014

Tuesday, July 29, 2014

The Absurd, Bureaucratic Hell That Is the American Police State

http://www.informationclearinghouse.info/article39248.htm

Whether it’s the working mother arrested for letting her 9-year-old play unsupervised at a playground, the teenager forced to have his genitals photographed by police, the underage burglar sentenced to 23 years for shooting a retired police dog, or the 43-year-old man who died of a heart attack after being put in a chokehold by NYPD officers allegedly over the sale of untaxed cigarettes, the theater of the absurd that passes for life in the American police state grows more tragic and incomprehensible by the day.

Paul Craig Roberts: The Moral Failure Of The West

http://www.paulcraigroberts.org/2014/07/29/israel-stealing-murdering-way-palestine-paul-craig-roberts/

Israel Is Stealing and Murdering Its Way Through Palestine

Reading the Western Media, watching Western TV, and listening to Western radio, one is left with the propaganda that the Palestinians are to blame for the Israeli attack on Gaza, just as one is left with the propaganda that the Malaysian airliner deaths are Russia’s fault. There is no evidence, but propaganda does not require evidence. Just repetition.

MARTIN ARMSTRONG'S LATEST BLOG POSTS

Gold & the False Rally

GCNYNF-M 7-29-2014

Every single brief uptick and they come running out of the closet and start all over again – sell everything you own and buy gold. We will be releasing the Special Report on metals next week after we get this monthly closing. So far, it still appears that gold could extend this present bear market correction into September 2015 before reversing. That means we may have to see that crack below $1,000 and the majority must shift their beliefs to when there is a rally – they will just say sell it.
As we enter the end of July, the resistance stands at the 1330-1350 area and a closing below 1330 will signal gold is still weak. There are no nearby Monthly Bearish Reversals until we get down to the 1240 level. A closing below 12650 will warn that the upward momentum has been lost.
We are also attempting to put together a Gold Stock report as well since institutions really cannot invest in gold directly lacking any income.

Cambodia Youth Rising Up Against Corruption

AngkorWat
Part of the war cycle is the shift in generations. We are seeing the younger generation rise up against the older in the context of civil unrest. This was the driving force in the Arab Spring. Even in Iran it was the youth rebelling against the strict religion. We are also seeing this same trend in Cambodia. The Hun Sen’s 29-year regime is tottering as a young population, angered by land grabs, corruption and low wages, demands change. We will see this rising to the surface in Europe and in the USA, kids are being oppressed by student loans and their education is proving worthless. More than 60% of the graduates today cannot find a job in the filed of their study. So now even the trend against corruption is erupting in Cambodia.

Going to War with Russia?

RUSTRD-M 7-29-2014
US and EU are ready to impose new sanctions against Russia furthering the new cold war and raising the stakes for this turning hot. The U.S. and EU are looking to place tougher sanctions on Russia aimed at the finance, defense and energy sectors of the country’s economy. The EU, which is highly dependent on Russia’s energy supplies, has not yet gone as far as the US in hitting Russia’s $2 Trillion economy. Both seem intent upon creating war. Such sanctions CANNOT make Putin back-down for that would make him appear weak and lose control of the political system. The US and EU are clearly intent on making the situation far worse and we are rapidly crossing that line which marks the point of no return. Watch November – this could turn ugly.
Meanwhile, stock investors are pulling money out of Russia at an accelerating and very alarming pace. This will add even further pressure upon Putin to become far more aggressive and to blame the USA for everyone’s domestic losses.

Money – Assets Bubbles – Reality

Federal-Reserve-DC
A lot of questions have been coming in about the Fed and Asset Bubbles. Quite frankly, the nonsense that the Fed creates them to hide the decay in the US monetary system is not much different from the analysis of global warming. Asset bubbles have exists from ancient times long before central banks existed. There was the 1720 South Sea Bubble and the Mississippi Bubbles. There was the 1637 Tulip Bubble. This is the same nonsense behind the gold analysis that has not real substance whatsoever taking bits and pieces here and there and trying to create some wonderful myth that money has to be some store of value when it never has even when there was a gold standard for the business cycle cannot be defeated. Stalin killed Kondratief for saying that. Paul Volcker even did his lecture in 1979 calling it the Rediscovery of the Business Cycle where he states bluntly that Keynesian economics failed for the business cycle won.
Gold-Fluctuated
Sorry – bubbles are inevitable and are driven by capital concentrations into an individual sector and/or country. They have always existed and the Fed cannot prevent them anymore than Keynesian economics can prevent booms and busts or the gold standard will ensure money retains its value while assets can rise with wages. This crazy idea of creating utopia is just insane. It is akin to global warming which people insist exists simply because temperature has risen since 1970 ignoring everything for millions or years before. This is narrow-minded analysis that is totally unsupported by fact used as propaganda for a predetermined agenda.
Sorry – bubbles are a natural part of the business cycle driven by humanity just as fashions change and suddenly everyone wants something. We even saw that with cabbage-patch dolls and transformer toys for various Christmas seasons. They too were bubbles driven by demand. Something is “hot” and that is the way it must be. It is humanity and trying to eliminate these cycles is to eliminate human nature.

Will Technology Collapse because of NSA?

Microsoft_Building
China has raided the offices of Microsoft escalating the ban on Windows 8 even further. At what point will the technology companies stand-up and demand the NSA has its wings clipped? People can claim this is just political blow-back from China, but sorry, even NASA dumped Windows 8 simply stating it is not secure. The NSA has done far more damage to the image of the United States than any other incident in history and that damage threatens to create one of the biggest economic decline in modern history. If Congress does NOT hold hearings and seriously enacts legislation if not criminally prosecute those who devised such programs, the technology industry will have one of the greatest falls we have ever seen 2016-2020,