http://jsmineset.com/2011/04/29/u-s-economy-the-big-picture/
"Looking ahead, we expect the standard of living decline to continue for up to another seventeen years. Our economy and society are substantially changed, but the change to date is moderate compared to the magnitude of change ahead. In 2018, the U.S. will be a much poorer country than it was in 2008.
We envision the average family spending a higher percentage of income on food and shelter. People will retire at 75 years of age…not 65. Many may not be able to retire. Many retirees will have to re-enter the work force as their savings and pensions are diminished in buying power. The streets will be filled with more poor and homeless. The dollar will continue its decline. Gold and other commodities will continue to rise in price. All of these are symptoms of a decline in the public’s standard of living. Unfortunately, we expect it to last for quite a while."
Friday, April 29, 2011
THE WINDSORS
http://en.wikipedia.org/wiki/House_of_Windsor
A LONG LINE OF INBRED PARASITES WHO LIVE OFF THE PRODUCTIVITY
OF THEIR SUBJECTS.
THE SHEOPLE ARE BRAINWASHED INTO THINKING THESE PLAY ACTORS
ARE SOMETHING OF HIGHER VALUE THAN THEMSELVES THROUGH THE
USE OF POMP AND CEREMONY SIGNIFYING NOTHING.
THINK OF HOW MANY OF THE DESTITUTE, AND NEAR DESTITUTE, BRITISH
POPULATION COULD BETTER USE THE MONEY SPENT ON THIS FARCE.
AMERICANS TREAT THEIR RULERS NEARLY THE SAME. THEY JUST DON'T
HAVE SUCCESSION OF OFFICE BY HEREDITY...BUT DAMN NEAR.
A LONG LINE OF INBRED PARASITES WHO LIVE OFF THE PRODUCTIVITY
OF THEIR SUBJECTS.
THE SHEOPLE ARE BRAINWASHED INTO THINKING THESE PLAY ACTORS
ARE SOMETHING OF HIGHER VALUE THAN THEMSELVES THROUGH THE
USE OF POMP AND CEREMONY SIGNIFYING NOTHING.
THINK OF HOW MANY OF THE DESTITUTE, AND NEAR DESTITUTE, BRITISH
POPULATION COULD BETTER USE THE MONEY SPENT ON THIS FARCE.
AMERICANS TREAT THEIR RULERS NEARLY THE SAME. THEY JUST DON'T
HAVE SUCCESSION OF OFFICE BY HEREDITY...BUT DAMN NEAR.
Wednesday, April 27, 2011
Tuesday, April 26, 2011
The Big Shakedown By Mike Whitney
http://www.informationclearinghouse.info/article27963.htm
The banks were given $700 billion when the TARP bailout was enacted. Then they were given $1.25 trillion more in the first round of quantitative easing (QE) where the Fed purchased the banks toxic mortgage-backed securities (MBS) and agency debt. They were given another $900 billion in QE2, in which the Fed exchanged $600 bil in reserves for US treasuries and another $300 bil in recycled proceeds from maturing MBS. So, altogether the banks have been given roughly $3 trillion, not a penny of which has benefited US taxpayers, increased demand, or strengthened the recovery. In fact--as we pointed out earlier--the money has not even increased lending which was the stated objective. (along with lowering unemployment)
So, we've been fleeced, right?
Imagine if that same $3 trillion had been given to smaller banks with the proviso that they temporarily drop interest rates on credit cards to 5 percent for (let's say) two years. Of course, the banks would still make boatloads of money because they borrow from the Fed at zero. (0.25%). But think of how much activity that would create if people could borrow at 5% instead of 18%. Most likely, it would lead to another credit expansion.
The banks were given $700 billion when the TARP bailout was enacted. Then they were given $1.25 trillion more in the first round of quantitative easing (QE) where the Fed purchased the banks toxic mortgage-backed securities (MBS) and agency debt. They were given another $900 billion in QE2, in which the Fed exchanged $600 bil in reserves for US treasuries and another $300 bil in recycled proceeds from maturing MBS. So, altogether the banks have been given roughly $3 trillion, not a penny of which has benefited US taxpayers, increased demand, or strengthened the recovery. In fact--as we pointed out earlier--the money has not even increased lending which was the stated objective. (along with lowering unemployment)
So, we've been fleeced, right?
Imagine if that same $3 trillion had been given to smaller banks with the proviso that they temporarily drop interest rates on credit cards to 5 percent for (let's say) two years. Of course, the banks would still make boatloads of money because they borrow from the Fed at zero. (0.25%). But think of how much activity that would create if people could borrow at 5% instead of 18%. Most likely, it would lead to another credit expansion.
The US Maxes Out Its Credit Card By Eric Margolis
http://www.informationclearinghouse.info/article27950.htm
The US National Priorities Project estimates that in 2011, out of one dollar of US federal spending, 27.4% is military; 21.5% health; 13.8% interest on the debt; 10.9% social security benefits; 3.5% on education; and 23% on everything else.
In 2010, US military spending exceeded by 50% the average spent in the Cold War years when America had a serious rival in the Soviet Union. Since 2000, US military spending has grown by 67% (all figures adjusted for inflation). Yet today America has no real military rival.
The US now accounts for almost 50% of world military spending. Add America’s wealthy allies in Europe and Asia, and the total rises to 80%.
The US National Priorities Project estimates that in 2011, out of one dollar of US federal spending, 27.4% is military; 21.5% health; 13.8% interest on the debt; 10.9% social security benefits; 3.5% on education; and 23% on everything else.
In 2010, US military spending exceeded by 50% the average spent in the Cold War years when America had a serious rival in the Soviet Union. Since 2000, US military spending has grown by 67% (all figures adjusted for inflation). Yet today America has no real military rival.
The US now accounts for almost 50% of world military spending. Add America’s wealthy allies in Europe and Asia, and the total rises to 80%.
The Corporate State Wins Again By Chris Hedges
http://www.informationclearinghouse.info/article27964.htm
http://www.truthdig.com/report/item/the_corporate_state_wins_again_20110425/
ANOTHER BRILLIANTLY ACCURATE ARTICLE BY CHRIS HEDGES
"The massive redistribution of wealth, as Hacker and Pierson write, happened because lawmakers and public officials were, in essence, hired to permit it to happen. It was not a conspiracy. The process was transparent. It did not require the formation of a new political party or movement. It was the result of inertia by our political and intellectual class, which in the face of expanding corporate power found it personally profitable to facilitate it or look the other way."
"The game is over. We lost. The corporate state will continue its inexorable advance until two-thirds of the nation is locked into a desperate, permanent underclass."
http://www.truthdig.com/report/item/the_corporate_state_wins_again_20110425/
ANOTHER BRILLIANTLY ACCURATE ARTICLE BY CHRIS HEDGES
"The massive redistribution of wealth, as Hacker and Pierson write, happened because lawmakers and public officials were, in essence, hired to permit it to happen. It was not a conspiracy. The process was transparent. It did not require the formation of a new political party or movement. It was the result of inertia by our political and intellectual class, which in the face of expanding corporate power found it personally profitable to facilitate it or look the other way."
"The game is over. We lost. The corporate state will continue its inexorable advance until two-thirds of the nation is locked into a desperate, permanent underclass."
WILL AND KATE MARRIAGE MEDIA DISTRACTION
GT sez:
DOES ANYONE ELSE SEE THE NONSENSE OVER THIS "ROYAL" WEDDING BEING OVERDONE BY THE WORLD'S MEDIA?
DO A GOOGLE SEARCH ON THE WINDSORS HISTORY.
THEY'RE NOTHING BUT A BUNCH OF INTERMARRIED PARASITES OF EUROPEAN WEALTHY FAMILIES FROM CENTURIES PAST WHO HAVE LIVED OFF THEIR 'SUBJECTS' FOR CENTURIES AND HAVE CONTRIBUTED NOTHING BUT A "BIG SHOW" OF THEIR JEWELS AND FURS AND THEIR ABILITY TO MAKE THEIR GUARDS PARADE AROUND IN FUR HATS AND RED JACKETS.
AND NOW THE AMERICAN PUBLIC IS BEING FORCED TO ENDURE THIS CHARADE IN ORDER TO DISTRACT THEM FROM THE IMPENDING COLLAPSE OF THEIR SOCIETY.
SO, IN ESSENCE, THE BRITISH ARE GETTING EVEN FOR OUR 'REVOLUTION' EVEN THOUGH THEY TOO ARE GOING DOWN IN FLAMES WITH US.
DOES ANYONE ELSE SEE THE NONSENSE OVER THIS "ROYAL" WEDDING BEING OVERDONE BY THE WORLD'S MEDIA?
DO A GOOGLE SEARCH ON THE WINDSORS HISTORY.
THEY'RE NOTHING BUT A BUNCH OF INTERMARRIED PARASITES OF EUROPEAN WEALTHY FAMILIES FROM CENTURIES PAST WHO HAVE LIVED OFF THEIR 'SUBJECTS' FOR CENTURIES AND HAVE CONTRIBUTED NOTHING BUT A "BIG SHOW" OF THEIR JEWELS AND FURS AND THEIR ABILITY TO MAKE THEIR GUARDS PARADE AROUND IN FUR HATS AND RED JACKETS.
AND NOW THE AMERICAN PUBLIC IS BEING FORCED TO ENDURE THIS CHARADE IN ORDER TO DISTRACT THEM FROM THE IMPENDING COLLAPSE OF THEIR SOCIETY.
SO, IN ESSENCE, THE BRITISH ARE GETTING EVEN FOR OUR 'REVOLUTION' EVEN THOUGH THEY TOO ARE GOING DOWN IN FLAMES WITH US.
Paul B. Farrell: 2008 crash deja vu: We’ll relive it, and soon
http://www.marketwatch.com/story/2008-crash-deja-vu-well-relive-it-and-soon-2011-04-26?link=home_carousel
"Yes, another crash is coming, unavoidable, just like 2008. Not because our totally dysfunctional government is collapsing into anarchy, thanks to the 261,000 Super-Rich Lobbyists. Not just because our monetary system is run by the Bernanke Printing Press Company. And not just because a soulless conspiracy of Wall Street CEOs cares nothing for democracy and the public interest, only for their stockholders and their year-end bonuses."
GT sez: Farrell is wrong on the left brain, right brain thing. It takes NO BRAINS to get us into a mess like this.
I saw this coming in 1971 when Nixon took us off the gold standard and could easily understand gold/silver and their place in economic history.
I've waited for 40 years for what's happening to happen. I just didn't think it would take that long. But there was still some slack in the system for the manipulators to play with.
THERE IS NO LONGER ANY SLACK!
This current economic disaster has been planned for years, if not centuries, by the ULTRA-ELITES that have controlled the world's finances since the early 1700s or earlier like the Rothchild family and others like the Rockefellers and others whose names you may never know until they stamp "property of' on your ass or your forehead.
"Yes, another crash is coming, unavoidable, just like 2008. Not because our totally dysfunctional government is collapsing into anarchy, thanks to the 261,000 Super-Rich Lobbyists. Not just because our monetary system is run by the Bernanke Printing Press Company. And not just because a soulless conspiracy of Wall Street CEOs cares nothing for democracy and the public interest, only for their stockholders and their year-end bonuses."
GT sez: Farrell is wrong on the left brain, right brain thing. It takes NO BRAINS to get us into a mess like this.
I saw this coming in 1971 when Nixon took us off the gold standard and could easily understand gold/silver and their place in economic history.
I've waited for 40 years for what's happening to happen. I just didn't think it would take that long. But there was still some slack in the system for the manipulators to play with.
THERE IS NO LONGER ANY SLACK!
This current economic disaster has been planned for years, if not centuries, by the ULTRA-ELITES that have controlled the world's finances since the early 1700s or earlier like the Rothchild family and others like the Rockefellers and others whose names you may never know until they stamp "property of' on your ass or your forehead.
Sunday, April 24, 2011
Sathya Sai Baba 1926-2011
If there is righteousness in the heart, there will be beauty in the character.
If there is beauty in the character, there will be harmony in the home.
If there is harmony in the home, there will be order in the nation.
When there is order in the nation, there will be peace in the world.
Sathya Sai Baba
http://www.sathyasai.org/intro/message.htm
If there is beauty in the character, there will be harmony in the home.
If there is harmony in the home, there will be order in the nation.
When there is order in the nation, there will be peace in the world.
Sathya Sai Baba
http://www.sathyasai.org/intro/message.htm
Saturday, April 23, 2011
THE NATIONAL DETAINEE HANDBOOK
http://www.scribd.com/doc/22092329/ICE-National-Detainee-Handbook-2007
US Govt Printing Office Needs 350,934
National Detainee Handbooks Printed
by April 29th, 2011
http://www.truthistreason.net/us-govt-printing-office-needs-350934-national-detainee-handbooks-printed-by-april-29th-2011
WHO ARE THEY GOING TO DETAIN?
US Govt Printing Office Needs 350,934
National Detainee Handbooks Printed
by April 29th, 2011
http://www.truthistreason.net/us-govt-printing-office-needs-350934-national-detainee-handbooks-printed-by-april-29th-2011
WHO ARE THEY GOING TO DETAIN?
TWO BOOKS YOU SHOULD HAVE
Picking up the Pieces: Practical Guide for Surviving Economic Crashes, Internal Unrest and Military Suppression
http://www.whatdoesitmean.com/index713.htm
The Partisans Handbook: Essential Survival Guide For Resisting Foreign Military Occupation, Escape And Evasion Techniques, Surviving Interrogation, Facing Execution, Wilderness Survival,
http://www.whatdoesitmean.com/partisanshandbook.html
http://www.whatdoesitmean.com/index713.htm
The Partisans Handbook: Essential Survival Guide For Resisting Foreign Military Occupation, Escape And Evasion Techniques, Surviving Interrogation, Facing Execution, Wilderness Survival,
http://www.whatdoesitmean.com/partisanshandbook.html
YOUR SMART PHONE IS TELLING THE GOVERNMENT SPIES EVERYTHING YOU DO
http://www.whatdoesitmean.com/index1474.htm
The news that cell phones are being used as tracking devices and are being exploited by data extraction devices (DED) that can quickly extract mobile data (such as contacts, photos, and deleted text messages) for Verizon, Sprint, AT&T, and other major carriers, has stunned many in the world this past week leading to calls for investigation by politicians in the United States and Germany.
BE SURE TO READ EVERY LINK IN THIS ARTICLE
CLICK ON THIS LINK: http://www.whatdoesitmean.com/index1424.htm
Cloak of Athena
FOR A CLOAKING DEVICE FOR YOUR PHONE, CREDIT CARDS AND MANY OTHER ITEMS
The news that cell phones are being used as tracking devices and are being exploited by data extraction devices (DED) that can quickly extract mobile data (such as contacts, photos, and deleted text messages) for Verizon, Sprint, AT&T, and other major carriers, has stunned many in the world this past week leading to calls for investigation by politicians in the United States and Germany.
BE SURE TO READ EVERY LINK IN THIS ARTICLE
CLICK ON THIS LINK: http://www.whatdoesitmean.com/index1424.htm
Cloak of Athena
FOR A CLOAKING DEVICE FOR YOUR PHONE, CREDIT CARDS AND MANY OTHER ITEMS
Friday, April 22, 2011
MARTIN ARMSTRONG: THE NEXT WAVE
CREDIT TO WERNERUL FOR THE LINK
http://www.martinarmstrong.org/files/The%20Next%20Wave%2004-21-2011.pdf
it is ALWAYS the perception of risk that matters. The sky need not actually fall. It only has to appear as if it will collapse and that is enough to wipe your family out for generations.
http://www.martinarmstrong.org/files/The%20Next%20Wave%2004-21-2011.pdf
it is ALWAYS the perception of risk that matters. The sky need not actually fall. It only has to appear as if it will collapse and that is enough to wipe your family out for generations.
Thursday, April 21, 2011
The New Corporate World Order
http://www.informationclearinghouse.info/article27935.htm
...consumer purchasing power is down in the U.S. thanks to the devastating collapse of a housing bubble GE Capital fed with suspect mortgage financing that provided the company with well over half of its profits before the crash. The loss of well-paying jobs at multinationals like GE to other nations—54 percent of the GE workforce is foreign—exacerbates the plight of U.S. consumers...
...consumer purchasing power is down in the U.S. thanks to the devastating collapse of a housing bubble GE Capital fed with suspect mortgage financing that provided the company with well over half of its profits before the crash. The loss of well-paying jobs at multinationals like GE to other nations—54 percent of the GE workforce is foreign—exacerbates the plight of U.S. consumers...
New York Times/CBS News Poll Finds Deep Pessimism About American Economy
Americans are more pessimistic about the nation's economic
outlook and overall direction than they have been at any time
since President Obama's first two months in office, when the
country was still officially ensnared in the Great Recession,
according to the latest New York Times/CBS News poll.
At a time of rising gas prices, stubborn unemployment and a
cacophonous debate in Washington over the federal
government's ability to meet its future obligations, the poll
presents stark evidence that the slow, if unsteady, gains in
public confidence earlier this year that a recovery was under
way are now all but gone.
Read More: http://www.nytimes.com?emc=na
outlook and overall direction than they have been at any time
since President Obama's first two months in office, when the
country was still officially ensnared in the Great Recession,
according to the latest New York Times/CBS News poll.
At a time of rising gas prices, stubborn unemployment and a
cacophonous debate in Washington over the federal
government's ability to meet its future obligations, the poll
presents stark evidence that the slow, if unsteady, gains in
public confidence earlier this year that a recovery was under
way are now all but gone.
Read More: http://www.nytimes.com?emc=na
Can a U.S. Investor hold his gold securely?
http://news.goldseek.com/GoldForecaster/1303347600.php
CREDIT TO GOLDMELTER FOR THE ARTICLE LINK
THE ONLY PLACE TO HOLD YOUR GOLD AND SILVER
IS IN YOUR OWN PHYSICAL POSSESSION.
ANY OTHER METHOD OF STORAGE IS SUSCEPTIBLE
TO GUV'MINT CONFISCATION.
BANK 'SAFE' DEPOSIT BOXES ARE NOT SAFE.
CONGRATULATIONS TO THE TEXAS HEDGE FUND THAT
DECIDED TO TAKE PHYSICAL POSSESSION OF THAT MASSIVE
AMOUNT OF GOLD. BUT HAVING STORED IT ALL IN NEW YORK
MAY TURN OUT TO BE A MAJOR MISTAKE.
TO HAVE THAT MUCH GOLD MEANS THEY HAD ENOUGH
MONEY TO BUILD THEIR OWN STORAGE FACILITY CLOSE
TO THEIR OWN PHYSICAL LOCATION FOR STORAGE AND
BETTER PHYSICAL ACCESS TO THEIR GOLD.
SOME SHOULD BE STORED OUTSIDE THE UNITED STATES
AS 'INSURANCE' THAT THEIR PRECIOUS METAL 'INSURANCE'
WILL NOT ALL BE CONFISCATED AT SOME POINT AS MARTIAL
LAW IS DECLARED BY WHATEVER GUV'MINT IS STILL IN POWER
AND HAS THE MILITARY MIGHT TO CONFICATE WHATEVER IT
WANTS TO TAKE FROM THE POPULATION WITHIN ITS BORDERS.
CREDIT TO GOLDMELTER FOR THE ARTICLE LINK
THE ONLY PLACE TO HOLD YOUR GOLD AND SILVER
IS IN YOUR OWN PHYSICAL POSSESSION.
ANY OTHER METHOD OF STORAGE IS SUSCEPTIBLE
TO GUV'MINT CONFISCATION.
BANK 'SAFE' DEPOSIT BOXES ARE NOT SAFE.
CONGRATULATIONS TO THE TEXAS HEDGE FUND THAT
DECIDED TO TAKE PHYSICAL POSSESSION OF THAT MASSIVE
AMOUNT OF GOLD. BUT HAVING STORED IT ALL IN NEW YORK
MAY TURN OUT TO BE A MAJOR MISTAKE.
TO HAVE THAT MUCH GOLD MEANS THEY HAD ENOUGH
MONEY TO BUILD THEIR OWN STORAGE FACILITY CLOSE
TO THEIR OWN PHYSICAL LOCATION FOR STORAGE AND
BETTER PHYSICAL ACCESS TO THEIR GOLD.
SOME SHOULD BE STORED OUTSIDE THE UNITED STATES
AS 'INSURANCE' THAT THEIR PRECIOUS METAL 'INSURANCE'
WILL NOT ALL BE CONFISCATED AT SOME POINT AS MARTIAL
LAW IS DECLARED BY WHATEVER GUV'MINT IS STILL IN POWER
AND HAS THE MILITARY MIGHT TO CONFICATE WHATEVER IT
WANTS TO TAKE FROM THE POPULATION WITHIN ITS BORDERS.
Wednesday, April 20, 2011
Waiting for the Spark By Ralph Nader
BRILLIANT ARTICLE
THE SPARK THAT SETS OFF THE REVOLUTION CAN'T BE FAR OFF
http://www.blogger.com/post-create.g?blogID=809535681214780493
THE SPARK THAT SETS OFF THE REVOLUTION CAN'T BE FAR OFF
http://www.blogger.com/post-create.g?blogID=809535681214780493
Interview: Jim Sinclair on Gold and the World Financial System
The Hera Research Newsletter (HRN) is pleased to present an in-depth interview with Jim Sinclair, Chairman and CEO of Tanzanian Royalty Exploration and founder of Jim Sinclair’s MineSet, which hosts his gold commentary as a free service to the gold investment community.
Tuesday, April 19, 2011
Kraft Kills UK Cadbury Easter Bunny
http://emsnews.wordpress.com/2011/04/18/kraft-kills-uk-cadbury-easter-bunny/
The Easter Bunny, like Santa Claus, has long ago been usurped by capitalists. He has many humans who toil for him at various factories and businesses in order to get people to buy many things that ultimately are not so very good for our children and ourselves. Namely, we are tempted to eat and consume things that are overwhelming our social and physical systems.
Meanwhile, the rat race amongst capitalists has heated up due to nearly bottomless amounts of easy available ZIRP credit so they are buying out each other and then servicing the debts by firing the workers and offshoring jobs to cheap labor pools nearly all of which are in former communist countries like China or in today’s case, Poland.
The Easter Bunny, like Santa Claus, has long ago been usurped by capitalists. He has many humans who toil for him at various factories and businesses in order to get people to buy many things that ultimately are not so very good for our children and ourselves. Namely, we are tempted to eat and consume things that are overwhelming our social and physical systems. Meanwhile, the rat race amongst capitalists has heated up due to nearly bottomless amounts of easy available ZIRP credit so they are buying out each other and then servicing the debts by firing the workers and offshoring jobs to cheap labor pools nearly all of which are in former communist countries like China or in today’s case, Poland.
Shock employment figures: Fewer than 46% of Americans have jobs
http://www.rawstory.com/rs/2011/04/14/shock-employment-figures-fewer-than-half-of-americans-have-jobs/
The percentage of Americans who have jobs has fallen to the lowest point in three decades and now hovers just above 45 percent of the total population, according to an analysis of labor data published by USA Today
The percentage of Americans who have jobs has fallen to the lowest point in three decades and now hovers just above 45 percent of the total population, according to an analysis of labor data published by USA Today
Monday, April 18, 2011
Gold surges after S&P lowers U.S. outlook
http://www.marketwatch.com/story/gold-surges-after-sp-lowers-us-outlook-2011-04-18?link=MW_home_latest_news
GOLD SPIKES TO $1497 THEN PULLS BACK TO $1484 SPOT.
THIS WILL BECOME NORMAL TRADING AS THE ECONOMY COLLAPSES.
JUST BUY YOUR CASH GOLD AND SILVER AND HANG ON.
TRADING THESE MARKETS WITHOUT LOADS OF EXPERIENCE AND NERVES
OF STEEL IS GUARANTEED TO WIPE YOU OUT.
NOT ONE OF YOU HAVE THE ABILITY TO BEAT THIS MARKET TRADING
ON MARGIN.
START BUYING SOME TENTH OUNCE GOLD COINS FOR TRADING FOR
LOWER PRICED SUPPLIES WHEN THE ECONOMY GOES TO THE BARTER STAGE
SILVER DIMES ARE GOOD FOR THAT TOO.
GT
GOLD SPIKES TO $1497 THEN PULLS BACK TO $1484 SPOT.
THIS WILL BECOME NORMAL TRADING AS THE ECONOMY COLLAPSES.
JUST BUY YOUR CASH GOLD AND SILVER AND HANG ON.
TRADING THESE MARKETS WITHOUT LOADS OF EXPERIENCE AND NERVES
OF STEEL IS GUARANTEED TO WIPE YOU OUT.
NOT ONE OF YOU HAVE THE ABILITY TO BEAT THIS MARKET TRADING
ON MARGIN.
START BUYING SOME TENTH OUNCE GOLD COINS FOR TRADING FOR
LOWER PRICED SUPPLIES WHEN THE ECONOMY GOES TO THE BARTER STAGE
SILVER DIMES ARE GOOD FOR THAT TOO.
GT
Sunday, April 17, 2011
The Budget Deal Turns Out To Be A Gigantic Fraud
Originally the deal between The White House and Congressional Republicans was touted for delivering $38 billion in cost savings.
Then, yesterday's analysis showed that the savings were probably just half that, since a lot of the savings came from not spending money that was never going to be spent.
Turns out, the spending cuts are even more minimal than that.
According to the CBO, via National Journal, the total savings come to a whopping...
$352 million. With an M:
A comparison prepared by the CBO shows that the omnibus spending bill, advertised as containing some $38.5 billion in cuts, will only reduce federal outlays by $352 million below 2010 spending rates. The nonpartisan budget agency also projects that total outlays are actually some $3.3 billion more than in 2010, if emergency spending is included in the total.
So yeah, total joke. This certainly doesn't make it any easier for Tea Partiers to vote for the deal, or for Boehner to come up with another compromise when debt ceiling time comes.
http://www.businessinsider.com/cbo-on-the-budget-deal-2011-4
Then, yesterday's analysis showed that the savings were probably just half that, since a lot of the savings came from not spending money that was never going to be spent.
Turns out, the spending cuts are even more minimal than that.
According to the CBO, via National Journal, the total savings come to a whopping...
$352 million. With an M:
A comparison prepared by the CBO shows that the omnibus spending bill, advertised as containing some $38.5 billion in cuts, will only reduce federal outlays by $352 million below 2010 spending rates. The nonpartisan budget agency also projects that total outlays are actually some $3.3 billion more than in 2010, if emergency spending is included in the total.
The astonishing result, according to CBO, is the result of several factors: increases in spending, especially at the Defense Department; decisions to draw over half of the savings from recissions; and cuts to reserve funds and and money for mandatory-spending programs that might never have been spent.
http://www.businessinsider.com/cbo-on-the-budget-deal-2011-4
Friday, April 15, 2011
MARTIN ARMSTRONG: QUOTE
Gold is
NOT the Panacea to correct all wrongs.
That is simply political reform and nothing short-thereof.
Gold is independent, not the hedge against inflation, but the hedge against government itself.
We must never lose sight of this important role.
NOT the Panacea to correct all wrongs.
That is simply political reform and nothing short-thereof.
Gold is independent, not the hedge against inflation, but the hedge against government itself.
We must never lose sight of this important role.
MARTIN ARMSTRONG: TWO ARTICLES
ARTICLE ONE: Hello World (04/06/11)
http://armstrongeconomics.files.wordpress.com/2011/04/armstrongeconomics-hello-world-04-06-2011.pdf
ARTICLE TWO: Nothing is Certain Except… Other Side of Inflation (04/11/11)
http://armstrongeconomics.files.wordpress.com/2011/04/armstrongeconomics-other-side-of-inflation-041111.pdf
FOR ALL MARTIN ARMSTRONG'S ARTICLES:
ARMSTRONG ECONOMICS WEBSITE:
http://armstrongeconomics.com/writings/
CREDIT TO WERNERUL FOR THE LINKS
http://armstrongeconomics.files.wordpress.com/2011/04/armstrongeconomics-hello-world-04-06-2011.pdf
ARTICLE TWO: Nothing is Certain Except… Other Side of Inflation (04/11/11)
http://armstrongeconomics.files.wordpress.com/2011/04/armstrongeconomics-other-side-of-inflation-041111.pdf
FOR ALL MARTIN ARMSTRONG'S ARTICLES:
ARMSTRONG ECONOMICS WEBSITE:
http://armstrongeconomics.com/writings/
CREDIT TO WERNERUL FOR THE LINKS
Thursday, April 14, 2011
MATT TAIBBI: The Real Housewives of Wall Street
America has two national budgets, one official, one unofficial.
Wednesday, April 13, 2011
WOULD YOU ALLOW THE POLICE TO TREAT A FELLOW CITIZEN THIS WAY IN YOUR PRESENCE?
Pittsburgh Police Brutally Assault "Unruly" Fan at PNC Park, Using Tasers, Nightsticks By Michael Hurley
The video, captured by blogger Erik, shows a man leaving section 235 at PNC Park in Pittsburgh. The fan was swearing and refused to leave the park, according to the Pittsburgh Post-Gazette, and eventually had to be escorted out by police.
That's when the video -- and the drama -- begins.
The fan, named Scott James Ashley, went to high-five another fan but was blocked by a PNC Park security guard (the security asshole that actually precipitated the physical assault). Ashley shoved the guard, which prompted police to take out their Tasers (Oh, really? That's what it takes to get lasered today in Amerika? Fending off someone else's aggression upon you?) . The Taser shock had no effect on Ashley, prompting an officer to hit him in the shoulder (NO, the fucking cop hit him in the neck THEN hit him in the head above his ear!) with a nightstick. Still, there was no reaction from Ashley, who appeared to tell the officer, "Don't hit me."
The officer administered another blast from the Taser and three more nightstick blows to the shoulder, lower back and legs of Ashley. Still, the fan appeared to be relatively unfazed.
"During the incident, Detective [Francis] Rende wrote in his complaint, both officers feared for their safety," (The usual bullshit disclaimer used by all police now to limit liability! Their behavior causes them to be 'unsafe' due to the public's rage at their unnecessary brutality.) the Post-Gazette reported.
Though Ashley never posed any physical threat to the police, two officers then relentlessly struck him with their nightsticks until finally subduing and handcuffing him.
Click on this link to read some of the comments under the article.
http://www.informationclearinghouse.info/article27874.htm
Monday, April 11, 2011
Sunday, April 10, 2011
Saturday, April 9, 2011
Pilgrims Society
http://www.bibliotecapleyades.net/sociopolitica/sociopol_pilgrimsociety01.htm
As you’ll find out by looking at the membership list, the Pilgrims Society has clearly fused together the business centers of New York and London, together with a large portion of the political centers of both nations. Ninety percent of the American members are top-level bankers and businessmen from New York city.
The club is secret.
As you’ll find out by looking at the membership list, the Pilgrims Society has clearly fused together the business centers of New York and London, together with a large portion of the political centers of both nations. Ninety percent of the American members are top-level bankers and businessmen from New York city.
The club is secret.
THE SILVER STEALERS
http://silverstealers.net/tss.html
A VERY LONG READ, BUT GOOD HISTORY.
SKIM THE WHOLE THING FIRST TO GET AN IDEA OF WHAT IT'S ABOUT,
THEN START READING AND LEARNING.
CREDIT TO GOLDMELTER FOR THE LINK
A VERY LONG READ, BUT GOOD HISTORY.
SKIM THE WHOLE THING FIRST TO GET AN IDEA OF WHAT IT'S ABOUT,
THEN START READING AND LEARNING.
CREDIT TO GOLDMELTER FOR THE LINK
Friday, April 8, 2011
Budget deal reached, government shutdown averted
http://www.msnbc.msn.com/id/42467884/ns/politics-capitol_hill/?GT1=43001
Congressional sources told National Journal that the outline of the spending deal includes up to $39 billion in cuts from the 2010 budget, $514 billion for the defense budget covering the remainder of this fiscal year, a GOP agreement to abandon policy riders dealing with Planned Parenthood and the Environmental Protection Agency, and an agreement to pass legislation Friday night to keep the government running while the deal is written in bill form.
GT sez:
THIS WHOLE BUDGET STANDOFF WAS NOTHING MORE THAN A POLITICAL PENIS MEASURING CONTEST, AND BOTH PARTIES CAME UP SHORT.
GT sez:
THIS WHOLE BUDGET STANDOFF WAS NOTHING MORE THAN A POLITICAL PENIS MEASURING CONTEST, AND BOTH PARTIES CAME UP SHORT.
What happens in a government shutdown
Say good-bye to the Smithsonian. Forget about getting help with a federal home loan. And cancel that family vacation to Yellowstone or any other national park.
Those are just some of a long list of federally funded activities or institutions that would be disrupted in the event of a government shutdown.
http://www.marketwatch.com/story/what-happens-in-a-government-shutdown-2011-04-07
Those are just some of a long list of federally funded activities or institutions that would be disrupted in the event of a government shutdown.
http://www.marketwatch.com/story/what-happens-in-a-government-shutdown-2011-04-07
Thursday, April 7, 2011
Of the 1%, by the 1%, for the 1% BY JOSEPH STIGLITZ
Americans have been watching protests against oppressive regimes that concentrate massive wealth in the hands of an elite few. Yet in our own democracy, 1 percent of the people take nearly a quarter of the nation’s income—an inequality even the wealthy will come to regret.
The Peasants Need Pitchforks By Robert Scheer
http://www.informationclearinghouse.info/article27838.htm
http://www.truthdig.com/report/item/the_peasants_need_pitchforks_20110405/
The delusion of a classless America in which opportunity is equally distributed is the most effective deception perpetrated by the moneyed elite that controls all the key levers of power in what passes for our democracy.
That is the harsh reality obscured by the media’s focus on celebrity gossip, sports rivalries and lotteries, situations in which the average person can pretend that he or she is plugged into the winning side.
Even though most Americans accept that the political game is rigged, we have long assumed that the choices we make in the economic sphere as to career and home are matters that respond to our wisdom and will. But the banking tsunami that wiped out so many jobs and so much homeownership has demonstrated that most Americans have no real control over any of that, and while they suffer, the corporate rich reward themselves in direct proportion to the amount of suffering they have caused.
“The top 1 percent have the best houses, the best educations, the best doctors, and the best lifestyles,” Stiglitz (http://www.vanityfair.com/society/features/2011/05/top-one-percent-201105) concludes, “but there is one thing that money doesn’t seem to have bought: an understanding that their fate is bound up with how the other 99 percent live. Throughout history, this is something that the top 1 percent eventually do learn. Too late.”
http://www.truthdig.com/report/item/the_peasants_need_pitchforks_20110405/
The delusion of a classless America in which opportunity is equally distributed is the most effective deception perpetrated by the moneyed elite that controls all the key levers of power in what passes for our democracy.
That is the harsh reality obscured by the media’s focus on celebrity gossip, sports rivalries and lotteries, situations in which the average person can pretend that he or she is plugged into the winning side.
Even though most Americans accept that the political game is rigged, we have long assumed that the choices we make in the economic sphere as to career and home are matters that respond to our wisdom and will. But the banking tsunami that wiped out so many jobs and so much homeownership has demonstrated that most Americans have no real control over any of that, and while they suffer, the corporate rich reward themselves in direct proportion to the amount of suffering they have caused.
“The top 1 percent have the best houses, the best educations, the best doctors, and the best lifestyles,” Stiglitz (http://www.vanityfair.com/society/features/2011/05/top-one-percent-201105) concludes, “but there is one thing that money doesn’t seem to have bought: an understanding that their fate is bound up with how the other 99 percent live. Throughout history, this is something that the top 1 percent eventually do learn. Too late.”
Wednesday, April 6, 2011
READ EVERYTHING YOU CAN ON THIS SITE...IT SOUNDS GOOD TO ME SO FAR
IF YOU LIKE WHAT YOU READ HERE, PASS IT AROUND TO AS MANY OTHERS
AS YOU ARE ABLE TO DO SO THAT THEY MAY BEGIN TO UNDERSTAND WHY,
AND HOW, THEY ARE BEING USED AS PAWNS IN THIS 'GREAT GAME'
Sons of Liberty Academy
http://sonsoflibertyacademy.com/
BELOW IS ONE OF THE LINKS WITHIN THE ABOVE ARTICLE:
AS YOU ARE ABLE TO DO SO THAT THEY MAY BEGIN TO UNDERSTAND WHY,
AND HOW, THEY ARE BEING USED AS PAWNS IN THIS 'GREAT GAME'
Sons of Liberty Academy
http://sonsoflibertyacademy.com/
BELOW IS ONE OF THE LINKS WITHIN THE ABOVE ARTICLE:
The 5 Stages of Awakening
http://dont-tread-on.me/5-stages-of-the-awakening/
Tuesday, April 5, 2011
JIM SINCLAIR: IT'S ALL OVER BUT THE SHOUT
Posted: Apr 05 2011 By: Jim Sinclair Post Edited: April 5, 2011 at 5:39 pm
Filed under: General Editorial
My Dear Friends,
I am writing to you from the Irving Farm Coffee and Internet cafe in Millerton NY. Our internet carrier went down today and is showing no promise of revival in the near future. I have a great coffee and a raisin bran muffin by my side so overall I have no grounds to complain.
Gold linked to the dollar today certainly has taken down $1444 for the count on three taps. That lights up Angel $1521 as the next to be captured.
Expect the Round Number Effect at $1500 for gold, but less severe than the battle at $1400. Angel $1650 is quickly coming into focus.
If we have learned one thing, it is not to get short term focused on this market. Stay focused on what is important and not the noise.
Think for a moment if Armstrong and Alf are right on gold. That would mean the following prices are coming:
$1650
$3000
$5000
$12,500
Those prices are possible because the balance sheets of the entire western world financial entities are based on false assumptions yielding valuation that pass auditing (FASB) but will never come to fruition. It is the mark to maturity method that not only used the BIS but other institutions that give comfort to the masses that are not looking at self protection here and now.
The financial system of the entire western world is FUBAR and there is no intention anywhere of fixing the problems at the level of its cause, OTC derivatives. The EU outlawed naked credit default swaps which is a clear comment on their ability to work if put under pressure. This is regardless of whether they were margin or naked in my opinion.
To say this is it is to be very late to the game.
Realize that the system has already failed.
Realize that there is no champion in a power position with the will to fix it.
Realize that even if there was a true fixer there are absolutely no tools to apply that would not in a short time cause more severe pressure than before applied
.
Realize then that there is no PRACTICAL means to get the western world financial economy back on its feet
Realize that since the entire western world financial entities are based in sand there can be no sustainable economic recovery anywhere in that group.
Realize that a third war of any degree is madness.
Realize that our actions in the Middle East will cause increased hatred of the West.
Realize that the problems in the Middle East are not pro West or pro democracy
.
Realize that gold is going to some degree make my long term price objective, given you ten years ago, look so low it will be silly.
Hold on to your insurance because you need it now. Pity the anti gold hedge funds short gold and gold shares based on, in my opinion, egomania, for they are very short lived now
.
It is not a question of if we will prevail. We have already prevailed. Now our holdings are on the march to discount the hyper-inflation that is already written for history books to come.
Respect the fact that the same forces driving gold have historically driven equity market in past similar historical situations.
Respectfully yours,
Jim
Filed under: General Editorial
My Dear Friends,
I am writing to you from the Irving Farm Coffee and Internet cafe in Millerton NY. Our internet carrier went down today and is showing no promise of revival in the near future. I have a great coffee and a raisin bran muffin by my side so overall I have no grounds to complain.
Gold linked to the dollar today certainly has taken down $1444 for the count on three taps. That lights up Angel $1521 as the next to be captured.
Expect the Round Number Effect at $1500 for gold, but less severe than the battle at $1400. Angel $1650 is quickly coming into focus.
If we have learned one thing, it is not to get short term focused on this market. Stay focused on what is important and not the noise.
Think for a moment if Armstrong and Alf are right on gold. That would mean the following prices are coming:
$1650
$3000
$5000
$12,500
Those prices are possible because the balance sheets of the entire western world financial entities are based on false assumptions yielding valuation that pass auditing (FASB) but will never come to fruition. It is the mark to maturity method that not only used the BIS but other institutions that give comfort to the masses that are not looking at self protection here and now.
The financial system of the entire western world is FUBAR and there is no intention anywhere of fixing the problems at the level of its cause, OTC derivatives. The EU outlawed naked credit default swaps which is a clear comment on their ability to work if put under pressure. This is regardless of whether they were margin or naked in my opinion.
To say this is it is to be very late to the game.
Realize that the system has already failed.
Realize that there is no champion in a power position with the will to fix it.
Realize that even if there was a true fixer there are absolutely no tools to apply that would not in a short time cause more severe pressure than before applied
.
Realize then that there is no PRACTICAL means to get the western world financial economy back on its feet
Realize that since the entire western world financial entities are based in sand there can be no sustainable economic recovery anywhere in that group.
Realize that a third war of any degree is madness.
Realize that our actions in the Middle East will cause increased hatred of the West.
Realize that the problems in the Middle East are not pro West or pro democracy
.
Realize that gold is going to some degree make my long term price objective, given you ten years ago, look so low it will be silly.
Hold on to your insurance because you need it now. Pity the anti gold hedge funds short gold and gold shares based on, in my opinion, egomania, for they are very short lived now
.
It is not a question of if we will prevail. We have already prevailed. Now our holdings are on the march to discount the hyper-inflation that is already written for history books to come.
Respect the fact that the same forces driving gold have historically driven equity market in past similar historical situations.
Respectfully yours,
Jim
This Is What Resistance Looks Like By Chris Hedges
http://www.informationclearinghouse.info/article27824.htm
There is no way to vote against the interests of Goldman Sachs. Civil Disobedience is the only tool we have left.
The 10 major banks, which control 60 percent of the economy, determine how our legislative bills are written, how our courts rule, how we frame our public debates on the airwaves, who is elected to office and how we are governed. The phrase consent of the governed has been turned by our two major political parties into a cruel joke. There is no way to vote against the interests of Goldman Sachs. And the faster these banks and huge corporations are broken up and regulated the sooner we will become free.
There is no way to vote against the interests of Goldman Sachs. Civil Disobedience is the only tool we have left.
The 10 major banks, which control 60 percent of the economy, determine how our legislative bills are written, how our courts rule, how we frame our public debates on the airwaves, who is elected to office and how we are governed. The phrase consent of the governed has been turned by our two major political parties into a cruel joke. There is no way to vote against the interests of Goldman Sachs. And the faster these banks and huge corporations are broken up and regulated the sooner we will become free.
Paul B. Farrell: 11 reasons bankrupt Reaganomics ideas are leading to collapse
http://www.marketwatch.com/story/super-rich-ceos-are-killing-your-retirement-2011-04-05?link=home_carousel
Warning: Soon our Super-Rich Vampires will sink the economy deeper than 2008. Worse, they even believe we’ll bail them out again. We blinked in 2008, so they’ll try sucking out more bail-out blood next time.
Warning: Soon our Super-Rich Vampires will sink the economy deeper than 2008. Worse, they even believe we’ll bail them out again. We blinked in 2008, so they’ll try sucking out more bail-out blood next time.
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