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25 Signs That The Nazification Of America Is Almost Complete
from The Economic Collapse Blog:
The United States of America is becoming more like Nazi Germany every single day. In fact, the Nazification of America is almost complete. The parallels between Nazi Germany and the United States of today are going to absolutely shock many of you. Most Americans simply have never learned what life was really like back in Nazi Germany. Under Adolf Hitler, Germany was a Big Brother totalitarian police state that ruthlessly repressed freedom and individual liberty. Under Adolf Hitler, Germany adopted socialism, dramatically increased government spending and raised taxes to astronomical levels. Under Adolf Hitler, abortion became legal in Germany, the government took over health care and Christianity was pushed out of the public schools and out of public life. To prove all of these points, I am going to use extensive quotes from two sources. Kitty Werthmann was a child living a peaceful life in Austria when Hitler took over her nation. Her eyewitness accounts about what life was like under Nazi Germany are invaluable. In addition, I will also be quoting extensively from author Bruce Walker. He is the author of a book entitled “The Swastika Against The Cross: The Nazi War On Christianity”, and during his years of research he has uncovered some absolutely jaw dropping stuff. After reading the information in the rest of this article, there should be no doubt that the United States is becoming just like Nazi Germany.
Read More @ TheEconomicCollapseBlog.com
The United States of America is becoming more like Nazi Germany every single day. In fact, the Nazification of America is almost complete. The parallels between Nazi Germany and the United States of today are going to absolutely shock many of you. Most Americans simply have never learned what life was really like back in Nazi Germany. Under Adolf Hitler, Germany was a Big Brother totalitarian police state that ruthlessly repressed freedom and individual liberty. Under Adolf Hitler, Germany adopted socialism, dramatically increased government spending and raised taxes to astronomical levels. Under Adolf Hitler, abortion became legal in Germany, the government took over health care and Christianity was pushed out of the public schools and out of public life. To prove all of these points, I am going to use extensive quotes from two sources. Kitty Werthmann was a child living a peaceful life in Austria when Hitler took over her nation. Her eyewitness accounts about what life was like under Nazi Germany are invaluable. In addition, I will also be quoting extensively from author Bruce Walker. He is the author of a book entitled “The Swastika Against The Cross: The Nazi War On Christianity”, and during his years of research he has uncovered some absolutely jaw dropping stuff. After reading the information in the rest of this article, there should be no doubt that the United States is becoming just like Nazi Germany.
Read More @ TheEconomicCollapseBlog.com
from CaseyResearch.com:
(Interviewed by Louis James, Editor, International Speculator)
L: Doug, with all the US election gossip in the news, readers are wondering what we make of the circus. The Republicans haven’t settled on which walking ethical disaster they are going to pick as their candidate, and neither of us thinks the only decent man in that contest – Ron Paul – will get the nod. With recent economic numbers seeming to bolster the president, your fear that the Democrats could pick a left-wing general instead of Obama seems to be evaporating. So, what do you think – is it looking like four more years of Obama?
Doug: Well, as Clinton correctly said, “It’s the economy, stupid.” This is hands-down the determining factor in how most people will vote. Unfortunately, most people don’t have a clue what actually makes for a strong economy. In the unlikely event that the economy does not exit the eye of the storm this year, my guess is that people will vote for Obama. The economy seems better to those who are not looking too closely; it’d be “Don’t change horses midstream” and “Steady as she goes” type thinking.
L: But if you’re right about the economy exiting the eye of the storm?
Read More @ CaseyResearch.com
(Interviewed by Louis James, Editor, International Speculator)
L: Doug, with all the US election gossip in the news, readers are wondering what we make of the circus. The Republicans haven’t settled on which walking ethical disaster they are going to pick as their candidate, and neither of us thinks the only decent man in that contest – Ron Paul – will get the nod. With recent economic numbers seeming to bolster the president, your fear that the Democrats could pick a left-wing general instead of Obama seems to be evaporating. So, what do you think – is it looking like four more years of Obama?
Doug: Well, as Clinton correctly said, “It’s the economy, stupid.” This is hands-down the determining factor in how most people will vote. Unfortunately, most people don’t have a clue what actually makes for a strong economy. In the unlikely event that the economy does not exit the eye of the storm this year, my guess is that people will vote for Obama. The economy seems better to those who are not looking too closely; it’d be “Don’t change horses midstream” and “Steady as she goes” type thinking.
L: But if you’re right about the economy exiting the eye of the storm?
Read More @ CaseyResearch.com
Ritholz Has the Main Theme Right, But Gets a Few Specifics Wrong About MF Global
from ZeroHedge:
Submitted and copyright by Keith Weiner
Stocks vs. Flows
Today, people who believe that gold is money think that one should hoard gold. They seek to take possession personally. Or when they have it stored professionally, they look for a private vault outside the banking system where they can (hopefully) trust their warehouse receipt. And why shouldn’t they avoid the banking system?
Its corruption was always inevitable. The advent of the central banks before World War I ensured it. The theft (in the US) of the gold of the people in 1933 cemented it, along with the dollar devaluation. The treaty at Bretton Woods in 1944, in which the world agreed to treat the US dollar as if it were gold nailed it in place. The default on the US government’s gold obligations in 1971 by President Nixon set it in stone. Today, we have a corrupt central bank that centrally plans money, credit, discount, and interest.
The regime of irredeemable paper money is going to collapse. Anyone who understands it should want to get out of it, and not be a creditor to insolvent banks. This is a rational personal response to an irrational system.
Read More @ ZeroHedge.com
Submitted and copyright by Keith Weiner Stocks vs. Flows
Today, people who believe that gold is money think that one should hoard gold. They seek to take possession personally. Or when they have it stored professionally, they look for a private vault outside the banking system where they can (hopefully) trust their warehouse receipt. And why shouldn’t they avoid the banking system?
Its corruption was always inevitable. The advent of the central banks before World War I ensured it. The theft (in the US) of the gold of the people in 1933 cemented it, along with the dollar devaluation. The treaty at Bretton Woods in 1944, in which the world agreed to treat the US dollar as if it were gold nailed it in place. The default on the US government’s gold obligations in 1971 by President Nixon set it in stone. Today, we have a corrupt central bank that centrally plans money, credit, discount, and interest.
The regime of irredeemable paper money is going to collapse. Anyone who understands it should want to get out of it, and not be a creditor to insolvent banks. This is a rational personal response to an irrational system.
Read More @ ZeroHedge.com
by Jerry Robinson, FTMDaily.com:
Over the last several weeks, there have been many news headlines containing the words “Iran” and “nuclear capability.” If you listen closely, you can almost hear the drumbeats of a fresh war in the Middle East.
As an economist, I have been trained to view the world through the lens of incentives. (I am a “bottom line” kind of guy.) And just as every action is motivated by an underlying incentive, every decision has a related consequence.
This brief article details the actions, incentives, and related consequences that the United States has created through its attempts to maintain global hegemony through something known as the petrodollar system.
Read More @ FTMDaily.com
Over the last several weeks, there have been many news headlines containing the words “Iran” and “nuclear capability.” If you listen closely, you can almost hear the drumbeats of a fresh war in the Middle East.
As an economist, I have been trained to view the world through the lens of incentives. (I am a “bottom line” kind of guy.) And just as every action is motivated by an underlying incentive, every decision has a related consequence.
This brief article details the actions, incentives, and related consequences that the United States has created through its attempts to maintain global hegemony through something known as the petrodollar system.
Read More @ FTMDaily.com
from The Financial Survival Network:
Bob Chapman joined us today to address your never ending concerns about Greece and the financial tragi-comedy that seems to be stuck on hold. They’re burning down banks now and they seem completely unprepared to accept the inevitable lower standard of living that’s coming their way. Greece has always been a magnet for tourists and the return to the Drachna could make the country the discount travel capitol of the world. But there’s much more that will need to happen before that takes place.
Bob also reviews Gold and Silver prospects, which due to the world turmoil have never looked better, or worse depending upon your perspective. Few if any countries have seen their deficits decrease in a meaningful way, so of course more debt will be issued to paper over the shortfall. And this must eventually result in more inflation and therefore higher gold and silver prices. I wouldn’t bet against Bob or thousands of years of human history. It always works out this way.
Click Here to Listen to the Podcast
Bob Chapman joined us today to address your never ending concerns about Greece and the financial tragi-comedy that seems to be stuck on hold. They’re burning down banks now and they seem completely unprepared to accept the inevitable lower standard of living that’s coming their way. Greece has always been a magnet for tourists and the return to the Drachna could make the country the discount travel capitol of the world. But there’s much more that will need to happen before that takes place.
Bob also reviews Gold and Silver prospects, which due to the world turmoil have never looked better, or worse depending upon your perspective. Few if any countries have seen their deficits decrease in a meaningful way, so of course more debt will be issued to paper over the shortfall. And this must eventually result in more inflation and therefore higher gold and silver prices. I wouldn’t bet against Bob or thousands of years of human history. It always works out this way.
Click Here to Listen to the Podcast
by Andrew Hoffman, MilesFranklin.com:
I never know where my next RANT topic will emerge, yet on some days three or four different inspirations materialize, often from highly disparate sources. But my good friend Bill Holter of GATA fame leads the list of “outside sources” of such topics, as the two of us view the world in much the same way.
What made me a good analyst was my ability to identify the “daily zeitgeist,” i.e. how the day’s news incrementally penetrated the longer-term financial market outlook. Of course, back then my competitors were only viewing the mainstream news, while today I must seek out the handful of “good, smart people” deciphering the psychobabble, and transforming it into truth. Joining the “GATA Army” in 2003 was the best business decision I’ve made, utilizing it to meet more such people than at any juncture in my career. Until Miles Franklin, of course.
Read More @ MilesFranklin.com
Jim Sinclair’s Commentary
Here is the latest from John Williams’ www.ShadowStats.com
- Retail Sales “Growth” Remains Statistically Insignificant and Reliant on Price Increases
- Slowing Annual Growth Evident in Both Sales and Production
"No. 418: January Retail Sales and Industrial Production "
http://www.shadowstats.com
Jim Sinclair’s Commentary
You have known this for weeks now.
China pledges more help to solve Europe debt crisis 14/02 12:44 CET
China says it is ready to take a more active role in looking for a solution to the European debt crisis.
Prime Minister Wen Jiabao made the statement at the opening of an EU-China summit in Beijing.
Until now China has made no specific pledge of assistance.
European debt looks set to dominate the meeting, with China increasingly concerned about the potential knock-on effect on its own economy.
EU President Herman Van Rompuy asked for better access for European countries to the Chinese market.
“I’ve repeatedly stressed the need for a level playing field for European business, including better market access for European companies: the protection of investment and intellectual property and our concerns about protectionism. With premier Wen when we agreed on the need to promote more investments in both directions,” he said.
More…
Dear CIGAs,
Here is one of my recent eblasts translated into German. Courtesy of www.LarsSchall.com.
Der eigentliche Anfang vom Ende der westlichen Finanzwelt Februar 12th, 2012
Jim Sinclair schreibt, dass QE ewig weitergehen wird, „weil es einfach kein anderes Werkzeug gibt, das die Menge an Liquidität bereitstellen kann, die durch die Zerstörung des Finanzsystems der westlichen Welt sofortig verlangt wird. Diese Zerstörung wurde uns via jenen gebracht, die alles verbrieft hatten.“ Zeitgleich hat für Gold eine zyklische Chance begonnen, bis 2015 preislich voll bewertet zu sein.
Von Jim Sinclair, Übersetzung Lars Schall
Die unten stehende Übersetzung ins Deutsche für LarsSchall.com erfolgt durch ausdrückliche und persönliche Genehmigung von Jim Sinclair.
Jim Sinclair ist der Vorsitzende und CEO von Tanzanian Royalty Exploration Corporation (TRE: Altanext NYSE platform, TNX: Senior Toronto Stock Exchange). Er ist ein Edelmetall- und Rohstoff-Spezialist, der 1977 die Sinclair Group of Companies gegründete, die sämtliche Makler-Dienstleistungen anbot.
More…
Der eigentliche Anfang vom Ende der westlichen Finanzwelt, Teil 2 Februar 15th, 2012
Laut Jim Sinclair hat die Lebenskraft des internationalen Finanzsystems bis zu einem Grad nachgelassen, “der nur als episch bezeichnet werden kann.“ Seiner Ansicht nach wird das Finanzkartenhaus “den Zeitraum von 2012 bis 2015 nicht intakt überstehen.“ Zugleich wird der Dollar als Reservewährung in den nächsten drei Jahren von einem Rohstoff-basierten Geld abgelöst werden.
Von Jim Sinclair, Übersetzung Lars Schall
Die unten stehende Übersetzung ins Deutsche für LarsSchall.com erfolgt durch ausdrückliche und persönliche Genehmigung von Jim Sinclair. Als Ergänzung siehe den ersten Teil unter:
http://www.larsschall.com/2012/02/12/der-eigentliche-anfang-vom-ende-der-westlichen-finanzwelt/.
Jim Sinclair ist der Vorsitzende und CEO von Tanzanian Royalty Exploration Corporation (TRE: Altanext NYSE platform, TNX: Senior Toronto Stock Exchange). Er ist ein Edelmetall- und Rohstoff-Spezialist, der 1977 die Sinclair Group of Companies gegründete, die sämtliche Makler-Dienstleistungen anbot.
More…
Jim,
Cartel on the CDS market by banks?
No kidding…
Europe says it will be investigating. The result will come… after 2015.
Best regards,
CIGA Christopher
Christopher,
This will probably come out just after the truth of the JFK assassination and Area 51 are released.
Regards,
Jim
Entente entre banques sur le marché des CDS ? Bruxelles va mener l’enquête Source : La Tribune.fr – 29/04/2011 | 14:47 – 457 mots
Seize banques d’investissement, parmi lesquelles BNP Paribas, Société Générale ou Crédit Agricole sont soupçonnées de s’être entendues ou d’avoir profité de leur position dominante.
La Commission européenne a annoncé vendredi l’ouverture de deux enquêtes de concurrence sur le marché des dérivés de crédit ( credit default swaps ou CDS ) afin de déterminer si 16 banques d’investissement et le service de données Markit s’étaient entendus ou avaient abusé de leur position dominante.
L’exécutif européen ajoute qu’il a ouvert une procédure contre neuf des 16 banques et contre ICE Clear Europe, une chambre de compensation des CDS , pour déterminer si des tarifs préférentiels accordés par la chambre aux banques avaient porté préjudice à la concurrence.
More…
Jim,
In an article provided by the French financial magazine La Tribune, Eugene Stiglitz, Nobel Memorial Prize in Economic Sciences (2001), suggests that the Greeks have already defaulted on certain payments and accuse the ECB of not being transparent about these events.
Click here to read the article in French… (This article cannot be found in English)
He also suggests that the ECB may be protecting the bank’s sellers of CDS and mention a possible conspiracy between the banks, the ECB and, what he called the "secret committee", the ISDA.
He concludes that, by definition, CDS on sovereign debts become worthless and questions who will buy new CDS on Portugal, Spain, Belgium and Italy.
In my opinion, this mean a big loss of future revenue and source of profit for the main sellers of CDS (US banks) and, as there is no protection anymore, a complete stop of sovereign debt buying by the private sector (banks, hedge funds). I believe that is why today there is news that China won’t let Europe fail.
China to Get ‘More Involved’ in Europe Rescue, Hold Euros…
If you take out the private sector as potential buyer of PIGS sovereign bonds, what remains as the potential buyers are:
China,
ECB
IMF
FED
In my opinion, they won’t be able to hide QE3 to the public for much longer!
Best regards,
CIGA Christopher
I never know where my next RANT topic will emerge, yet on some days three or four different inspirations materialize, often from highly disparate sources. But my good friend Bill Holter of GATA fame leads the list of “outside sources” of such topics, as the two of us view the world in much the same way.
What made me a good analyst was my ability to identify the “daily zeitgeist,” i.e. how the day’s news incrementally penetrated the longer-term financial market outlook. Of course, back then my competitors were only viewing the mainstream news, while today I must seek out the handful of “good, smart people” deciphering the psychobabble, and transforming it into truth. Joining the “GATA Army” in 2003 was the best business decision I’ve made, utilizing it to meet more such people than at any juncture in my career. Until Miles Franklin, of course.
Read More @ MilesFranklin.com
Jim Sinclair’s Commentary
Here is the latest from John Williams’ www.ShadowStats.com
- Retail Sales “Growth” Remains Statistically Insignificant and Reliant on Price Increases
- Slowing Annual Growth Evident in Both Sales and Production
"No. 418: January Retail Sales and Industrial Production "
http://www.shadowstats.com
Jim Sinclair’s Commentary
You have known this for weeks now.
China pledges more help to solve Europe debt crisis 14/02 12:44 CET
China says it is ready to take a more active role in looking for a solution to the European debt crisis.
Prime Minister Wen Jiabao made the statement at the opening of an EU-China summit in Beijing.
Until now China has made no specific pledge of assistance.
European debt looks set to dominate the meeting, with China increasingly concerned about the potential knock-on effect on its own economy.
EU President Herman Van Rompuy asked for better access for European countries to the Chinese market.
“I’ve repeatedly stressed the need for a level playing field for European business, including better market access for European companies: the protection of investment and intellectual property and our concerns about protectionism. With premier Wen when we agreed on the need to promote more investments in both directions,” he said.
More…
Dear CIGAs,
Here is one of my recent eblasts translated into German. Courtesy of www.LarsSchall.com.
Der eigentliche Anfang vom Ende der westlichen Finanzwelt Februar 12th, 2012
Jim Sinclair schreibt, dass QE ewig weitergehen wird, „weil es einfach kein anderes Werkzeug gibt, das die Menge an Liquidität bereitstellen kann, die durch die Zerstörung des Finanzsystems der westlichen Welt sofortig verlangt wird. Diese Zerstörung wurde uns via jenen gebracht, die alles verbrieft hatten.“ Zeitgleich hat für Gold eine zyklische Chance begonnen, bis 2015 preislich voll bewertet zu sein.
Von Jim Sinclair, Übersetzung Lars Schall
Die unten stehende Übersetzung ins Deutsche für LarsSchall.com erfolgt durch ausdrückliche und persönliche Genehmigung von Jim Sinclair.
Jim Sinclair ist der Vorsitzende und CEO von Tanzanian Royalty Exploration Corporation (TRE: Altanext NYSE platform, TNX: Senior Toronto Stock Exchange). Er ist ein Edelmetall- und Rohstoff-Spezialist, der 1977 die Sinclair Group of Companies gegründete, die sämtliche Makler-Dienstleistungen anbot.
More…
Der eigentliche Anfang vom Ende der westlichen Finanzwelt, Teil 2 Februar 15th, 2012
Laut Jim Sinclair hat die Lebenskraft des internationalen Finanzsystems bis zu einem Grad nachgelassen, “der nur als episch bezeichnet werden kann.“ Seiner Ansicht nach wird das Finanzkartenhaus “den Zeitraum von 2012 bis 2015 nicht intakt überstehen.“ Zugleich wird der Dollar als Reservewährung in den nächsten drei Jahren von einem Rohstoff-basierten Geld abgelöst werden.
Von Jim Sinclair, Übersetzung Lars Schall
Die unten stehende Übersetzung ins Deutsche für LarsSchall.com erfolgt durch ausdrückliche und persönliche Genehmigung von Jim Sinclair. Als Ergänzung siehe den ersten Teil unter:
http://www.larsschall.com/2012/02/12/der-eigentliche-anfang-vom-ende-der-westlichen-finanzwelt/.
Jim Sinclair ist der Vorsitzende und CEO von Tanzanian Royalty Exploration Corporation (TRE: Altanext NYSE platform, TNX: Senior Toronto Stock Exchange). Er ist ein Edelmetall- und Rohstoff-Spezialist, der 1977 die Sinclair Group of Companies gegründete, die sämtliche Makler-Dienstleistungen anbot.
More…
Jim,
Cartel on the CDS market by banks?
No kidding…
Europe says it will be investigating. The result will come… after 2015.
Best regards,
CIGA Christopher
Christopher,
This will probably come out just after the truth of the JFK assassination and Area 51 are released.
Regards,
Jim
Entente entre banques sur le marché des CDS ? Bruxelles va mener l’enquête Source : La Tribune.fr – 29/04/2011 | 14:47 – 457 mots
Seize banques d’investissement, parmi lesquelles BNP Paribas, Société Générale ou Crédit Agricole sont soupçonnées de s’être entendues ou d’avoir profité de leur position dominante.
La Commission européenne a annoncé vendredi l’ouverture de deux enquêtes de concurrence sur le marché des dérivés de crédit ( credit default swaps ou CDS ) afin de déterminer si 16 banques d’investissement et le service de données Markit s’étaient entendus ou avaient abusé de leur position dominante.
L’exécutif européen ajoute qu’il a ouvert une procédure contre neuf des 16 banques et contre ICE Clear Europe, une chambre de compensation des CDS , pour déterminer si des tarifs préférentiels accordés par la chambre aux banques avaient porté préjudice à la concurrence.
More…
Jim,
In an article provided by the French financial magazine La Tribune, Eugene Stiglitz, Nobel Memorial Prize in Economic Sciences (2001), suggests that the Greeks have already defaulted on certain payments and accuse the ECB of not being transparent about these events.
Click here to read the article in French… (This article cannot be found in English)
He also suggests that the ECB may be protecting the bank’s sellers of CDS and mention a possible conspiracy between the banks, the ECB and, what he called the "secret committee", the ISDA.
He concludes that, by definition, CDS on sovereign debts become worthless and questions who will buy new CDS on Portugal, Spain, Belgium and Italy.
In my opinion, this mean a big loss of future revenue and source of profit for the main sellers of CDS (US banks) and, as there is no protection anymore, a complete stop of sovereign debt buying by the private sector (banks, hedge funds). I believe that is why today there is news that China won’t let Europe fail.
China to Get ‘More Involved’ in Europe Rescue, Hold Euros…
If you take out the private sector as potential buyer of PIGS sovereign bonds, what remains as the potential buyers are:
China,
ECB
IMF
FED
In my opinion, they won’t be able to hide QE3 to the public for much longer!
Best regards,
CIGA Christopher
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