Saturday, September 15, 2012

More Americans opting out of banking system

http://www.washingtonpost.com/business/economy/more-americans-opting-out-of-banking-system/2012/09/12/6380b986-fcf1-11e1-a31e-804fccb658f9_story.html

Released Wednesday, the study found that 821,000 households opted out of the banking system from 2009 to 2011 and that the so-called unbanked population grew to 8.2 percent of U.S. households.
That means that roughly 17 million adults are without a checking or savings account. Another 51 million adults have a bank account, but use pawnshops, payday lenders or rent-to-own services...

Chris Hedges: Sacrifice Zones of America

http://www.informationclearinghouse.info/article32447.htm


http://www.youtube.com/watch?v=IZEdPnSbRjc&feature=player_embedded#!

Global Apocalypse Linked To French Alps Family Massacre


http://www.whatdoesitmean.com/index1612.htm
SSTL(Surrey Satellites Technology Limited) scientists, including Al-Hilli, working with their counterparts at National Oceanography Centre, Southampton, and the University of Sannio, Italy, in 2009 successfully exploited signals of opportunity from GPS satellites to measure the directional roughness of the sea surface from space, and even more importantly, this FSB report says, were able to gauge the speed of how fast our Earth’s poles were moving.

DAN NORCINI: Bonds Might Have Topped Out, for Good

http://traderdannorcini.blogspot.com/2012/09/bonds-might-have-topped-out-for-good.html

Friday, September 14, 2012

BofA Sees Fed Assets Surpassing $5 Trillion By End Of 2014... Leading To $3350 Gold And $190 Crude

http://www.zerohedge.com/news/bofa-sees-fed-assets-surpassing-5-trillion-2015-leading-3350-gold-and-190-crude?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

Bank of America just predicted at least 2 years and change of constant monetization, which would send the Fed's balance sheet to grand total of just over $5,000,000,000,000 as the Fed adds another $2.2 trillion MBS and Treasury notional to the current total of $2.8 trillion.

Lest we forget, the Fed can crush inflation cold in 15 minutes cold... somehow. Even when unwinding its balance sheet would mean sacrificing 30% of US GDP and, let's be honest about it, civil war.

Ben Wins – Who Loses?

http://brucekrasting.com/ben-wins-who-loses/

Some day the history books will study this period of time and ponder how so many people gave up control of key elements in their lives without ever having a say in the outcome. How could one person have gotten so powerful? Somehow we have anointed Ben as the new God. An omnipotent decider that is nether elected or whose power is somehow checked. Don’t think for a minute that he’s one of those benevolent gods, he’s not.

Ben Bernanke tells us about money.


http://www.youtube.com/watch?v=OyBmDDeOfTM&feature=youtu.be

FROM WILLIAMBANZAI7 ON ZEROHEDGE

PRESIDENT ROMNEY
WITH HIS MENTOR 
BIBI  NETANYAHU
(WHAT WOULD PROBABLY HAPPEN)


http://www.zerohedge.com/contributed/2012-09-14/banzai7-breaking-news

FROM WILLIAMBANZAI7 ON ZEROHEDGE

http://www.zerohedge.com/contributed/2012-09-14/banzai7-breaking-news



What is that strange irritiation?
That's hurting our sphincter location
The pain in our ass
Is coming from gas
That's surging from Ben's cruel inflation
The Limerick King





Gold Chart: The 'Cup' Has Formed As Confidence Continues to Erode

Without reform, Bernanke can print until the dollars come home to roost, before he will meet any broad employment targets in this economic structure. Unless the wealthy start hiring people to push their wheelbarrows of money to the stores.

http://jessescrossroadscafe.blogspot.com/2012/09/gold-chart-cup-has-formed.html

THE DAILY RECKONING: A Titanic Disaster

http://dailyreckoning.com/a-titanic-disaster/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+dailyreckoning+%28The+Daily+Reckoning%29

“We should be careful not to pervert standards. Witness the talk that the result is due to ‘the system.’ What is a system, except that which individuals have made it and keep it? Whatever weakens the sense of individual responsibility is harmful, and so likewise is all condonation of failure of the individual to meet his responsibility.”

Read more: A Titanic Disaster http://dailyreckoning.com/a-titanic-disaster/#ixzz26TA4YuAc

DAN NORCINI: The Fed and the ECB determine to Destroy the Middle Class

http://traderdannorcini.blogspot.com/2012/09/the-fed-and-ecb-determine-to-destroy.html

Make no mistake about it, the bond markets and the commodity markets are signaling inflation. Pay no attentiont to the worthless claptrap being spouted by these monetary buffoons. The real picture is in the price charts which are always forward looking.

Voting Is A Sap's Game

http://www.zerohedge.com/news/guest-post-voting-saps-game?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

MARTIN ARMSTRONG'S LATEST POST


QE3 STIMULUS TARGETS MORTGAGES

The Federal Reserve has actually done something at last worthy of note. They indicated that they will provide more stimulus for the faltering economy, taking aim now at driving down mortgage rates. The Fed said it will buy $40 billion of mortgages per month in an attempt to desperately foster a recovery in the real estate market. The purchases will be open-ended, meaning that they will continue until the Fed is satisfied that economic conditions, primarily in unemployment, improve.
Of course, this will also fail if they are buying mortgages from the bankers. They will use this as a means to dump what they have been trying to get rid of all along, while it is not necessarily guaranteed to stimulate employment or housing prices. The Fed should LIMIT this type of purchasing from FannieMae and not from the bankers. That will have a more direct impact rather than providing a dumping ground and golden parachutes for the bankers.
Nevertheless, we should see gold rise a bit more to test the Monthly Bullish Reversals, and it is next week that volatility should rise further. The sharp rally today after this announcement shows the short-term sentiment. However, we MUST achieve a monthly closing above 18100. We have resistance at 17900-18100. We have a Directional Change in October, key turning points ahead are November, January, and then we have a Panic Cycle next July that is lining up with the same position as did the 1987 Crash. So it still appears that things will go nuts next year in early August. That will probably be the rally into 2016. We will be looking at this in detail at the San Diego Conference. We have split this into three Conferences in an effort to keep much smaller audiences to allow more interaction and personal questions.

Paul Craig Roberts: The Revolution From Above

http://www.informationclearinghouse.info/article32435.htm
In the West the Revolution From Above has succeeded. The peoples are re-enserfed. The promised land is a promised land for the one percent.

Thursday, September 13, 2012

Attacked on Foreign Policy, Romney Cites His Money’s Experience Abroad


NEW YORK (The Borowitz Report)—One day after he was roundly criticized by both parties for his comments about Libya, Republican Presidential nominee Mitt Romney attempted to burnish his foreign-policy credentials today, telling reporters that “no one has spent more time overseas than my money has.”
“My money has served in banks from Switzerland to Bermuda, and from Bermuda to the Cayman Islands,” Mr. Romney said. “I challenge my opponent’s money to equal that record of service.”
Doubling down on his latest theme, Mr. Romney promised that “on Day One of my Presidency, I will ensure that American money is safe and secure in secret vaults and underground caves around the world.”
Mr. Romney’s recent foray into foreign policy may have hurt him in a new poll, in which a majority of likely voters agreed with the statement, “Mitt Romney is starting to make his trip to the London Olympics look like the pinnacle of modern diplomacy.”
An official statement from the Romney campaign did not refer to his latest comments, but indicated that between now and the election Mr. Romney’s schedule would deëmphasize events where he might be called upon to open his mouth.
Read more http://www.newyorker.com/online/blogs/borowitzreport/2012/09/attacked-on-foreign-policy-romney-cites-his-moneys-experience-abroad.html#ixzz26OLeuTft

Wednesday, September 12, 2012

US Totalitarianism Loses Major Battle As Judge Permanently Blocks NDAA's Military Detention Provision

http://www.zerohedge.com/news/us-totalitarianism-loses-major-battle-judge-permanently-blocks-ndaas-military-detention-provisi?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29


Financial alert: Germany's Constitutional Court decision either means a rapid Eurozone financial collapse, or inevitable hyperinflation

THE COURT VOTED YES TODAY

http://www.naturalnews.com/037155_Eurozone_financial_collapse_Germany.html

Wednesday, September 12, the Federal Constitutional Court of Germany must decide whether it is legal for Germany to participate in the financial bailouts of other nations in the Eurozone.

The court has been inundated with tens of thousands of petitions (not just petition signers, but tens of thousands of individual petitions) demanding the court say NO to the bailouts and stop draining Germany's economy to rescue the failed debt spending of other nations.

Here's why this matters:
A NO decision means a rapid financial collapse of the Eurozone
If Germany votes NO, then Germany stops bailing out Greece, Spain and other nations on the brink of financial disaster. Sometime in the coming days, weeks or, in the best case, a few months, European nations start collapsing, complete with bank holidays, riots in the streets and almost certainly martial law.

This collapse will, at first, cause a flight of capital to the USA, making the U.S. look stronger in the short term, but given how many U.S. banks are invested in European financial instruments (derivatives), the U.S. banking collapse won't be far behind.
A YES decision means runaway hyperinflation across the Eurozone
If the German court votes YES to the continued financial bailouts, then Germany must crank up the printing presses and start creating money at such a rapid pace that hyperinflation becomes almost inevitable. Literally trillions of Euros would have to be (electronically) printed in Germany, then transferred off to other countries like Italy, Spain and Greece, where banksters and governments have spent themselves beyond the point of collapse and are in desperate need of bailouts.

In this scenario, German citizens would be bailing out governments all across Europe... and that's not exactly a happy idea among the Germans who are working for a living and thereby having their wealth stolen away by the state through endless money creation.
Either decision spells financial collapse, just on different timelines
The upshot of this is that either decision spells financial collapse for the Eurozone. The NO decision means a rapid economic implosion; the YES decision means hyperinflation spiraling out of control.

Either decision is bad for the Euro. And just as importantly, either decision also spells eventual catastrophe for the U.S.

THERE'S MUCH MORE TO READ:

Learn more: http://www.naturalnews.com/037155_Eurozone_financial_collapse_Germany.html#ixzz26Hzpta15

Tuesday, September 11, 2012

Paul Craig Roberts: Destroying The World In War The 11th Anniversary of 9/11

http://www.informationclearinghouse.info/article32421.htm

It is hard to image a more far-fetched story--except for the second thing you need to know: The humiliating failure of US National Security did not result in immediate demands from the President of the United States, from Congress, from the Joint Chiefs of Staff, and from the media for an investigation of how such improbable total failure could have occurred. No one was held accountable for the greatest failure of national security in world history. Instead, the White House dragged its feet for a year

GoDaddy attack likely a psyop to discredit Anonymous while pushing cyber security executive order

http://www.naturalnews.com/037141_Anonymous_GoDaddy_executive_order.html

It is likely no coincidence that on the verge of President Obama's plan to sign an unconstitutional Executive Order (EO) implementing police state cyber security measures, the internet gets hit with one of the worst DDoS attacks ever perpetrated.
Learn more: http://www.naturalnews.com/037141_Anonymous_GoDaddy_executive_order.html#ixzz26B9TK15i

GoDaddy manages 48 million domains spanning more than 9 million customers. The failure of its DNS likely means that millions of websites were taken offline.

Domain Name Servers are a known vulnerability

Domain Name Servers are a well-known vulnerability of the internet infrastructure. As this attack by Anonymous has masterfully demonstrated, DNS provides a centralized single point of attack that, if penetrated, can bring down literally millions of websites.

DNS also provides a single point of government seizure, where rogue governments that hate free speech can take control over websites by commandeering their DNS records.
Learn more: http://www.naturalnews.com/037140_DDoS_attack_GoDaddy_Domain_Name_Servers.html#ixzz26BD0hGpP

Monday, September 10, 2012

FBI begins installation of $1 billion face recognition system across America

https://rt.com/usa/news/fbi-recognition-system-ngi-640/
The Federal Bureau of Investigation has reached a milestone in the development of their Next Generation Identification (NGI) program and is now implementing the intelligence database in unidentified locales across the country, New Scientist reports in an article this week. The FBI first outlined the project back in 2005, explaining to the Justice Department in an August 2006 document (.pdf) that their new system will eventually serve as an upgrade to the current Integrated Automated Fingerprint Identification System (IAFIS) that keeps track of citizens with criminal records across America .

Paul Craig Roberts: The Declining West: Tragedy or Comedy?

http://www.informationclearinghouse.info/article32413.htm
Western nations have become a caricature of hypocrisy. If Western countries weren’t armed with nuclear weapons, the larger world would be rolling in laughter.

George Carlin - Voting is meaningless


http://www.youtube.com/watch?feature=player_embedded&v=HeMGqTwWA6U

Paul Craig Roberts: The Message From Both Parties Is That Americans Are Disposable

http://www.informationclearinghouse.info/article32383.htm
Washington’s moral force no longer exists. All that exists is financial and military force, and both will fail as they are insufficient.

Saturday, September 8, 2012

PAUL FARRELL: 12 ways Romney, Obama are killing Planet Earth

http://www.marketwatch.com/story/12-ways-romney-obama-are-killing-planet-earth-2012-09-07?link=home_carousel
Earth, the planet that feeds us with its stockpile of commodity resources, is under assault. We’re killing our lifeblood ... and our leaders are not leading, not planning ahead.

MARTIN ARMSTRONG'S LATEST POST


Understanding The Trading Model

We have posted one chapter from the How To Survive Your Own Trading Decisions Regarding how to understand the Reversal System.

FROM THE DAILY RECKONING: Worse Off in a “Better Than” Economy

http://dailyreckoning.com/worse-off-in-a-better-than-economy/

What would have happened to the economy if Bernanke had taken those $2 trillion he printed up and mailed the money to every household in America, instead of funneling it to Wall Street banks? Under this simulation, each American household would have received a check for about $17,507.

Read more: Worse Off in a "Better Than" Economy http://dailyreckoning.com/worse-off-in-a-better-than-economy/#ixzz25th8I9nw

OFFENSIVE - THE STORY OF TONY FARRELL


http://www.youtube.com/watch?v=8P0oBseWMRQ&feature=youtube_gdata_player

Sleeping With the Devil: How U.S. and Saudi Backing of Al Qaeda Led to 9/11

http://www.washingtonsblog.com/2012/09/sleeping-with-the-devil-how-u-s-and-saudi-backing-of-al-qaeda-led-to-911.html

A MUST READ ARTICLE

YOU MUST READ THIS COMPLETELY TO THE END IN ORDER TO UNDERSTAND JUST HOW CORRUPT THE U.S. GOVERNMENT HAS BEEN
SINCE BEFORE, DURING AND AFTER 9/11/01

Friday, September 7, 2012

Poll: Race Close Among Voters with No Television


NEW YORK (The Borowitz Report)—A new poll released today shows the Presidential race extremely tight among voters who had no access to a working television for the past two weeks.
On the campaign trail, Republican nominee Mitt Romney seemed buoyed by the news, urging his audience not to watch television, read newspapers, or log on to the Internet between now and Election Day.
Mr. Romney attempted to rebut Vice-President Joe Biden’s biggest applause line from last night by telling supporters, “On Day One of my Presidency I will kill General Motors and bring Osama bin Laden back to life.”
As for President Obama’s biggest applause line, “I am the President of the United States,” Fox News said they were fact-checking it.
With the fall campaign officially begun, both Obama and Romney must now spend hundreds of hours and millions of dollars to become President of Ohio.
Only sixty days remain until the election, or in Paul Ryan’s words, “Forty days.”
Read more http://www.newyorker.com/online/blogs/borowitzreport/2012/09/poll-race-close-among-voters-with-no-television.html#ixzz25qV6EAmD