Whether you believe "your vote doesn't count" or taking productive time out of your day to be a part of selecting the next 'change' agent for the nation is worthwhile, Doug Casey - as ever - has strong views:
Don't expect anything that results from this US election to do any real, lasting good. And if, by some miracle, it did, the short-term implications would be very hard economic times. More important, however, is to have a healthy and useful psychological attitude. For that, you need to stop thinking politically, stop wasting time on elections, entitlements, and such nonsense. You've got to use all of your time and brain power to think economically."a rational man, which is to say, an ethical man, would almost certainly not vote in this election, or in any other – at least above a local level, where you personally know most of both your neighbors and the candidates."
BTFD...Keep Stacking...And Send Me One...lol
by SRSrocco, Silver Doctors:
In
less than two years, the Chinese Mint has increased the production of
its 1 oz Chinese Silver Panda 1233%, from 600,000 per year to 8 million
in 2012.
Even though this is certainly a massive increase in just two short years…. this may only be the beginning of something really big that is being planned by the Chinese Mint.
According to Louis Golino’s article “China Strives to Make Silver Pandas as Popular as American Silver Eagles“, we have just begun to see just how many Silver Pandas the Chinese plan on minting.
Read More @ Silver Doctors
In
less than two years, the Chinese Mint has increased the production of
its 1 oz Chinese Silver Panda 1233%, from 600,000 per year to 8 million
in 2012.Even though this is certainly a massive increase in just two short years…. this may only be the beginning of something really big that is being planned by the Chinese Mint.
According to Louis Golino’s article “China Strives to Make Silver Pandas as Popular as American Silver Eagles“, we have just begun to see just how many Silver Pandas the Chinese plan on minting.
Read More @ Silver Doctors
The German Bundesbank is now concerned with acquiring their physical
gold, while other central banks are busily investing the cash they
create into stocks (see the Banks of Japan, Israel, and the indirectly
Federal Reserve-funded plunge protection team). Meanwhile, risk appetite in markets has reached extreme levels, according to the Barclays chart below.As we can see, the market is exhibiting historically extreme exuberance related to the belief that investor portfolios are “insured” by central banks. As we now have QEternity (the new Federal Reserve program to create $40 billion in new currency monthly with no identified end date), stocks, gold and silver are significantly lower in price than before the new printing rate disappointed markets. With extreme risk appetite combining with serious economic headwinds such as the net global contraction in real terms, Art Cashin of UBS recently considered the Black Monday of 1987. We suggest the same. Fundamentals eventually win out — so watch out!
Read More @ WealthCycles.com
Damn sure will...
from End of the American Dream:
Violent crime is on the rise in the United States, and many Americans
are totally fed up. According to the U.S. Bureau of Justice Statistics,
the number of household burglaries rose by 14 percent last year, and the overall rate of violent crime in the United States increased by 18 percent
during 2011. Based on what we have seen so far this year, we will
almost certainly see another huge increase once the statistics for 2012
are released. All over the country criminals are becoming bolder.
Meanwhile, police budgets are being slashed from coast to coast. Things
have gotten so bad in some communities that police are openly admitting
that crime is completely and totally out of control. For example,
police in Detroit recently handed out flyers with this message: “Enter Detroit at your own risk“.
Sadly, you can’t even escape the crime and the violence by staying in
your own home these days. Home invasions are becoming increasingly
common, and many police departments seem powerless to stop them. If
many of the poorer areas of America today, if you are a victim of a home
invasion you will be really lucky to get a police officer to show up a couple of hours later
to fill out a report. A lot of frustrated home owners have had enough
and have started to arm themselves to the teeth. Some have even begun
to form armed posses to patrol their own neighborhoods. We are watching
America change right in front of our eyes, and it is frightening to
think about what is coming next.
Read More @ EndoftheAmericanDream.com
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from crabbydogtrix:
Violent crime is on the rise in the United States, and many Americans
are totally fed up. According to the U.S. Bureau of Justice Statistics,
the number of household burglaries rose by 14 percent last year, and the overall rate of violent crime in the United States increased by 18 percent
during 2011. Based on what we have seen so far this year, we will
almost certainly see another huge increase once the statistics for 2012
are released. All over the country criminals are becoming bolder.
Meanwhile, police budgets are being slashed from coast to coast. Things
have gotten so bad in some communities that police are openly admitting
that crime is completely and totally out of control. For example,
police in Detroit recently handed out flyers with this message: “Enter Detroit at your own risk“.
Sadly, you can’t even escape the crime and the violence by staying in
your own home these days. Home invasions are becoming increasingly
common, and many police departments seem powerless to stop them. If
many of the poorer areas of America today, if you are a victim of a home
invasion you will be really lucky to get a police officer to show up a couple of hours later
to fill out a report. A lot of frustrated home owners have had enough
and have started to arm themselves to the teeth. Some have even begun
to form armed posses to patrol their own neighborhoods. We are watching
America change right in front of our eyes, and it is frightening to
think about what is coming next.Read More @ EndoftheAmericanDream.com
Your support is needed...
Thank You
I'm PayPal Verified
Investing In Iraqi Oil And Gas: Too Risky?
ExxonMobil, for one, appears to have had enough, announcing recently that it may pull up stakes in Iraq’s south and stick to the Kurdish north, where the business arrangements are more flexible and the security situation more manageable, at least outside of Kirkuk. So is Iraq too risky an investment? It depends how far ahead you want to look. For the next two years, we will probably see more of the political status quo, largely thanks to Iranian intervention, which is the only thing keeping things from falling apart at the seams right now. Further down the road, in the absence of a major increase in foreign investment and socio-economic improvement, we are likely to see the start of a failed state, a renewed civil war as more and more provinces jump on the autonomy bandwagon creating tensions among Sunnis and Shi’ites, and a bloody conflict over Kurdish independence.
by Webster Tarpley, PressTV:
By all indications, the US ruling class of Wall Street financiers is
determined to follow Greece, Spain, Portugal, and Great Britain down the
road to drastic austerity. The financiers of lower Manhattan are thus
ignoring the evidence offered by these other countries showing that
austerity policies reduce employment, lower production, cause severe
mass privation, introduce powerful elements of chaos into society, and
actually increase the government budget deficits in future years —
meaning that austerity fails even in its own terms.
Since the 1930s, it has been widely recognized that a policy of deflation with severe cuts in government spending and in expenditures for social services will plunge a country deeper into depression. Once the depression has hit, usually as the result of the collapse of a speculative bubble like the $2 quadrillion derivatives mania of 2000-2008, the private economy shrinks rapidly, leaving government spending as the principal form of economic activity. If the government budget is nevertheless cut, this lowers the overall rate of economic activity; working people paying taxes are turned into recipients of public assistance, and the budget deficit grows rapidly.
Read More @ PressTV.ir
By all indications, the US ruling class of Wall Street financiers is
determined to follow Greece, Spain, Portugal, and Great Britain down the
road to drastic austerity. The financiers of lower Manhattan are thus
ignoring the evidence offered by these other countries showing that
austerity policies reduce employment, lower production, cause severe
mass privation, introduce powerful elements of chaos into society, and
actually increase the government budget deficits in future years —
meaning that austerity fails even in its own terms.Since the 1930s, it has been widely recognized that a policy of deflation with severe cuts in government spending and in expenditures for social services will plunge a country deeper into depression. Once the depression has hit, usually as the result of the collapse of a speculative bubble like the $2 quadrillion derivatives mania of 2000-2008, the private economy shrinks rapidly, leaving government spending as the principal form of economic activity. If the government budget is nevertheless cut, this lowers the overall rate of economic activity; working people paying taxes are turned into recipients of public assistance, and the budget deficit grows rapidly.
Read More @ PressTV.ir
from Jesse’s Café Américain:
I have not been following the Greg Smith story closely, although I was aware he had resigned from Goldman quite publicly, and had read the op-ed which he wrote as his fare thee well. There is nothing in there that was surprising to those who follow the financial fraud on Wall Street. It was actually fairly mild compared to the widely ignored information obtained by the Levin committee.
What was new was that a Goldman employee was saying it, and Goldman is the most highly politically connected of Wall Street Banks, in the US and in Europe.
But the absolute trashing and personal attacks on Greg Smith in the past week that were orchestrated by Goldman and supported, heavily, by the US financial networks got my attention. Generally ad hominem attacks are used by those who consider the facts of the case to be dangerous ground, and wish to do anything that they can to avoid discussing them. So instead they seek to discuss the person bringing them to light.
Read More @ Jesse’s Café Américain:
I have not been following the Greg Smith story closely, although I was aware he had resigned from Goldman quite publicly, and had read the op-ed which he wrote as his fare thee well. There is nothing in there that was surprising to those who follow the financial fraud on Wall Street. It was actually fairly mild compared to the widely ignored information obtained by the Levin committee.
What was new was that a Goldman employee was saying it, and Goldman is the most highly politically connected of Wall Street Banks, in the US and in Europe.
But the absolute trashing and personal attacks on Greg Smith in the past week that were orchestrated by Goldman and supported, heavily, by the US financial networks got my attention. Generally ad hominem attacks are used by those who consider the facts of the case to be dangerous ground, and wish to do anything that they can to avoid discussing them. So instead they seek to discuss the person bringing them to light.
Read More @ Jesse’s Café Américain:
from crabbydogtrix:
by Peter Schiff, Euro Pacific Capital:
25 years ago, on another Monday in late October, the financial world
seemed to disintegrate in a heartbeat. Though the 205 point drop in the
Dow last Friday (the technical anniversary of the ’87 Crash) was
somewhat reminiscent of its 108-point drop on Friday, October 16, 1987,
the real action in ’87 was on the Monday that followed. And while this
Monday is not nearly as black, it is important that we use the
opportunity to recall the circumstances that nearly sent the stock
market into cardiac arrest.
While there were technical reasons that allowed the snowball to gather so much mass, it was major economic problems that started it rolling. Those issues remain to this day, but have grown much, much larger. But while they terrified the market 25 years ago, they don’t rate a second look today. Whether investors have gotten wise, or merely oblivious, is the question we should be asking.
Read More @ EuroPacificCapital.com
25 years ago, on another Monday in late October, the financial world
seemed to disintegrate in a heartbeat. Though the 205 point drop in the
Dow last Friday (the technical anniversary of the ’87 Crash) was
somewhat reminiscent of its 108-point drop on Friday, October 16, 1987,
the real action in ’87 was on the Monday that followed. And while this
Monday is not nearly as black, it is important that we use the
opportunity to recall the circumstances that nearly sent the stock
market into cardiac arrest.While there were technical reasons that allowed the snowball to gather so much mass, it was major economic problems that started it rolling. Those issues remain to this day, but have grown much, much larger. But while they terrified the market 25 years ago, they don’t rate a second look today. Whether investors have gotten wise, or merely oblivious, is the question we should be asking.
Read More @ EuroPacificCapital.com
by Graham Summers, Gains Pains & Capital:
Europe is heading into a full-scale disaster.
You see, the debt problems in Europe are not simply related to Greece. They are SYSTEMIC. The below chart shows the official Debt to GDP ratios for the major players in Europe. As you can see, even the more “solvent” countries like Germany and France are sporting Debt to GDP ratios of 75% and 84% respectively.
These numbers, while bad, don’t account for unfunded liabilities. And Europe is nothing if not steeped in unfunded liabilities.
Read More @ GainsPainsCapital.com
Europe is heading into a full-scale disaster.
You see, the debt problems in Europe are not simply related to Greece. They are SYSTEMIC. The below chart shows the official Debt to GDP ratios for the major players in Europe. As you can see, even the more “solvent” countries like Germany and France are sporting Debt to GDP ratios of 75% and 84% respectively.
These numbers, while bad, don’t account for unfunded liabilities. And Europe is nothing if not steeped in unfunded liabilities.
Read More @ GainsPainsCapital.com
Japan
is poised to join the world’s “currency wars” as it battles a triple
crisis of crashing exports, recession and a suffocatingly-strong yen.
by Ambrose Evans-Pritchard, The Telegraph:
The country’s exports plunged 10.3pc in September from a year ago, dimming hopes of rapid recovery in the Far East. Exports to Europe crashed 21pc. Shipments to China fell 14pc as the Diaoyu-Senkaku islands dispute led to a slump in car sales. Honda, Mazda, and Nissan all saw sales plunge near 30pc as Chinese consumers boycotted Japanese brands. Nomura said the export slump will push country into full recession.
Stephen Jen from SLJ Macro Partners said the global storm is drifting eastwards into Asia, opening a “third chapter” of the crisis that will last well into 2013. “Many analysts have declared that the low in the global economic cycle is in place. We are not convinced,” he said, prediticting a rise in currency protectionism.
Japan is the awakening giant in this conflict. The yen has risen 30pc against China’s yuan, 65pc against the euro, and 80pc against Sterling since 2008. Tokyo is itching to fight back.
Read More @ Telegraph.co.uk
by Ambrose Evans-Pritchard, The Telegraph:
The country’s exports plunged 10.3pc in September from a year ago, dimming hopes of rapid recovery in the Far East. Exports to Europe crashed 21pc. Shipments to China fell 14pc as the Diaoyu-Senkaku islands dispute led to a slump in car sales. Honda, Mazda, and Nissan all saw sales plunge near 30pc as Chinese consumers boycotted Japanese brands. Nomura said the export slump will push country into full recession.
Stephen Jen from SLJ Macro Partners said the global storm is drifting eastwards into Asia, opening a “third chapter” of the crisis that will last well into 2013. “Many analysts have declared that the low in the global economic cycle is in place. We are not convinced,” he said, prediticting a rise in currency protectionism.
Japan is the awakening giant in this conflict. The yen has risen 30pc against China’s yuan, 65pc against the euro, and 80pc against Sterling since 2008. Tokyo is itching to fight back.
Read More @ Telegraph.co.uk
Investors are shifting from paper to physical
by Jeff Clark, Casey Research:
It’s not too often that you see a major shift within the gold market.
The last such recalibration in sentiment for gold investors was the introduction of the first gold-backed ETF in 2004, and the subsequent explosion in exchange-traded products (ETPs) for bullion and precious-metals equities.
Today, another tidal change is under way, as the flow of funds into structured bullion products ebbs. I think this shift – as you’ll read about in a moment – signals two things. First, it confirms that growing numbers of investors are increasingly nervous about the reckless monetary and fiscal paths being pursued on a global scale. Identifying this trend early on will let investors position themselves accordingly.
Second, it tells me that acting now – securing the gold you want and need – is critical to withstanding the likely fallout ahead from the mountain of unpayable government debt and promised benefits.
Read More @ CaseyResearch.com
by Jeff Clark, Casey Research:
It’s not too often that you see a major shift within the gold market.
The last such recalibration in sentiment for gold investors was the introduction of the first gold-backed ETF in 2004, and the subsequent explosion in exchange-traded products (ETPs) for bullion and precious-metals equities.
Today, another tidal change is under way, as the flow of funds into structured bullion products ebbs. I think this shift – as you’ll read about in a moment – signals two things. First, it confirms that growing numbers of investors are increasingly nervous about the reckless monetary and fiscal paths being pursued on a global scale. Identifying this trend early on will let investors position themselves accordingly.
Second, it tells me that acting now – securing the gold you want and need – is critical to withstanding the likely fallout ahead from the mountain of unpayable government debt and promised benefits.
Read More @ CaseyResearch.com
A South African-born investment manager, Nico Lambrechts, has died after reportedly leaping from a building in London.
from Times Live:
Lambrechts, 46, was pronounced dead on the scene after he fell from the top of an expensive open-air restaurant, the Daily Mail reported.
Investec Asset Management confirmed the incident but refused to say whether his death was suicide or if foul play was suspected. Before joining Investec, Lambrechts, an investment analyst, had worked as MD of Bank of America Merrill Lynch.
… Lambrechts and his family lived in a £2-million (R28-million) six-bedroom gated home in the up-market town of Cobham, Surrey.
Read More @ timeslive.co.za
from Times Live:
Lambrechts, 46, was pronounced dead on the scene after he fell from the top of an expensive open-air restaurant, the Daily Mail reported.
Investec Asset Management confirmed the incident but refused to say whether his death was suicide or if foul play was suspected. Before joining Investec, Lambrechts, an investment analyst, had worked as MD of Bank of America Merrill Lynch.
… Lambrechts and his family lived in a £2-million (R28-million) six-bedroom gated home in the up-market town of Cobham, Surrey.
Read More @ timeslive.co.za
from The Daily Bell:
IMF‘s epic plan to conjure away debt and dethrone bankers … So there is a magic wand after all. A revolutionary paper by the International Monetary Fund claims that one could eliminate the net public debt of the US at a stroke, and by implication do the same for Britain, Germany, Italy, or Japan. The IMF report says the conjuring trick is to replace our system of private bank-created money. – Ambrose Evans-Pritchard/UK Telegraph
Dominant Social Theme: Government should be in charge of money not the market.
Free-Market Analysis: The Telegraph‘s Ambrose Evans-Pritchard has caught up to a working paper entitled “The Chicago Plan Revisited” issued by IMF staff members Jaromir Benes and Michael Kumhof.
His summary: “Personally, I am a long way from reaching a conclusion in this extraordinary debate. Let it run, and let us all fight until we flush out the arguments.”
Read More @ TheDailyBell.com
from Zero Hedge:
Almost exactly a month ago, the BOJ surprised most analysts with an unexpected increase in its asset purchase agreement by JPY10 trillion
bringing the total to JPY80 trillion. There was one small problem
though: the entire impact of the additional easing fizzled in under half
a day, or 9 hours to be precise. This was, as Art Cashin summarized the following day,
Japan’s failed QE 8. It is now a month later, and with nothing changed
in the global race to debase status quo, the time has come for the BOJ
to attempt QE 9. Or that’s the case at least according to the
toothless Japanese government, which has formally demanded that
Shirakawa do a nine-peat of what has been a flawed policy response for
over 30 years now, this time with another JPY 20 trillion, or double
the last month’s intervention. Because according to Japanese Senkei, it
is now Japan’s turn to pull a Chuck Schumer and demand even mor-er
eternity-er QE out of monetary authority of the endlessly deflating
country. In reverting to the Moore’s law of failed monetarism, we
expect that a QE 9 out of Japan will have the same halflife as QE 8, if
indeed the program size is double the last. At which point it will
again fizzle.
IMF‘s epic plan to conjure away debt and dethrone bankers … So there is a magic wand after all. A revolutionary paper by the International Monetary Fund claims that one could eliminate the net public debt of the US at a stroke, and by implication do the same for Britain, Germany, Italy, or Japan. The IMF report says the conjuring trick is to replace our system of private bank-created money. – Ambrose Evans-Pritchard/UK Telegraph
Dominant Social Theme: Government should be in charge of money not the market.
Free-Market Analysis: The Telegraph‘s Ambrose Evans-Pritchard has caught up to a working paper entitled “The Chicago Plan Revisited” issued by IMF staff members Jaromir Benes and Michael Kumhof.
His summary: “Personally, I am a long way from reaching a conclusion in this extraordinary debate. Let it run, and let us all fight until we flush out the arguments.”
Read More @ TheDailyBell.com
from Zero Hedge:
Almost exactly a month ago, the BOJ surprised most analysts with an unexpected increase in its asset purchase agreement by JPY10 trillion
bringing the total to JPY80 trillion. There was one small problem
though: the entire impact of the additional easing fizzled in under half
a day, or 9 hours to be precise. This was, as Art Cashin summarized the following day,
Japan’s failed QE 8. It is now a month later, and with nothing changed
in the global race to debase status quo, the time has come for the BOJ
to attempt QE 9. Or that’s the case at least according to the
toothless Japanese government, which has formally demanded that
Shirakawa do a nine-peat of what has been a flawed policy response for
over 30 years now, this time with another JPY 20 trillion, or double
the last month’s intervention. Because according to Japanese Senkei, it
is now Japan’s turn to pull a Chuck Schumer and demand even mor-er
eternity-er QE out of monetary authority of the endlessly deflating
country. In reverting to the Moore’s law of failed monetarism, we
expect that a QE 9 out of Japan will have the same halflife as QE 8, if
indeed the program size is double the last. At which point it will
again fizzle.
Read More @ Zero Hedge.com
by Terence P. Jeffrey, CNSnews:
The debt that the U.S. government owes to foreign interests now equals
approximately $47,495 for each household in the United States,
according to the latest data released by the U.S. Treasury and the
Census Bureau.
The portion of the U.S. government’s foreign debt now owed to interests in Mainland China is about $10,090 per household.
At the end of August, the latest period reported by the U.S. Treasury, foreign interests held a total of $5,430,000,000,000 in U.S. government debt. According to the Census Bureau’s latest estimate (which was for June 2012) there were 114,328,000 households in the United States. Therefore, the total U.S. government debt held by foreign interests was about $47,494.93 per household.
Read More @ CNSnews.com
The debt that the U.S. government owes to foreign interests now equals
approximately $47,495 for each household in the United States,
according to the latest data released by the U.S. Treasury and the
Census Bureau.The portion of the U.S. government’s foreign debt now owed to interests in Mainland China is about $10,090 per household.
At the end of August, the latest period reported by the U.S. Treasury, foreign interests held a total of $5,430,000,000,000 in U.S. government debt. According to the Census Bureau’s latest estimate (which was for June 2012) there were 114,328,000 households in the United States. Therefore, the total U.S. government debt held by foreign interests was about $47,494.93 per household.
Read More @ CNSnews.com
from KingWorldNews:
On the heels of continued volatility in gold and silver, today the firm that is calling for $10,000 gold released an excellent commentary. Paul Brodsky and Lee Quaintance are founding partners at QB Asset Management and the piece they put together below is outstanding.
Below is the piece from QB Asset Management titled, ‘The Realist’:
On the eve of this evening’s US presidential debate and with two weeks to go before the election, we thought it would be fitting to publicly endorse our favorite candidate – the Realist.
Paul Brodsky and Lee Quaintance continue @ KingWorldNews.com
On the heels of continued volatility in gold and silver, today the firm that is calling for $10,000 gold released an excellent commentary. Paul Brodsky and Lee Quaintance are founding partners at QB Asset Management and the piece they put together below is outstanding.
Below is the piece from QB Asset Management titled, ‘The Realist’:
On the eve of this evening’s US presidential debate and with two weeks to go before the election, we thought it would be fitting to publicly endorse our favorite candidate – the Realist.
Paul Brodsky and Lee Quaintance continue @ KingWorldNews.com
by Detlev S Schlichter, Financial Sense:
“But there is no inflation!” – This is a statement I hear quite often, sometimes from people who are, in principle, sympathetic to my arguments, sometimes from people who are less so. In either case, those who state “but there is no inflation” consider it to be a statement of fact and one that they assume must pose a challenge for me. Should the man who argues that we are heading for the collapse of paper money, for some kind of hyperinflationary endgame, not be concerned that all this money printing by central banks around the world has not led to much higher inflation yet? Do present inflation statistics not provide comfort to those who believe in the practicability and even superiority of central-bank-managed fiat money, and do these statistics not allow them to discard my analysis as paranoid?
The short answer is, no.
The long answer I will provide below.
Read More @ financialsense.com
“But there is no inflation!” – This is a statement I hear quite often, sometimes from people who are, in principle, sympathetic to my arguments, sometimes from people who are less so. In either case, those who state “but there is no inflation” consider it to be a statement of fact and one that they assume must pose a challenge for me. Should the man who argues that we are heading for the collapse of paper money, for some kind of hyperinflationary endgame, not be concerned that all this money printing by central banks around the world has not led to much higher inflation yet? Do present inflation statistics not provide comfort to those who believe in the practicability and even superiority of central-bank-managed fiat money, and do these statistics not allow them to discard my analysis as paranoid?
The short answer is, no.
The long answer I will provide below.
Read More @ financialsense.com
from Capital Account:
Tonight, Mitt Romney and Barack Obama meet for their final Presidential debate, amid tightening polls. While the candidates face off on foreign policy, we talk to our guest, Doug Casey of Casey Research, about his own foreign policy strategy: the strategy of “the international man.” We talk to Doug Casey about the increasing number of Americans who are moving their money and property off-shore, and about a smaller, albeit growing number of Americans choosing to renounce their citizenship entirely. What are these people afraid of, and who or what are they trying to hide from?
Plus, Caterpillar, an industrial economic bellwether, cut its forecast for 2012 for the second time this year. The world’s largest maker of construction and mining equipment warned that the global economy was slowing faster than it had expected. Meanwhile Japan’s exports fell the most since the aftermath of the earthquake last year, according to Bloomberg. We talk to Doug Casey, Chairman for Casey Research, about who will be hit hardest by this slowdown. We also ask him what countries he believes offer the best economic opportunities for young entrepreneurs and recent college graduates who may be looking not only to make money, but for an adventure as well. He mentions the continent of Africa, as a place that will see vast economic opportunity in the years to come. He also talks to us about Latin America, specifically Argentina, a country that he calls home for a good half of the year.
Tonight, Mitt Romney and Barack Obama meet for their final Presidential debate, amid tightening polls. While the candidates face off on foreign policy, we talk to our guest, Doug Casey of Casey Research, about his own foreign policy strategy: the strategy of “the international man.” We talk to Doug Casey about the increasing number of Americans who are moving their money and property off-shore, and about a smaller, albeit growing number of Americans choosing to renounce their citizenship entirely. What are these people afraid of, and who or what are they trying to hide from?
Plus, Caterpillar, an industrial economic bellwether, cut its forecast for 2012 for the second time this year. The world’s largest maker of construction and mining equipment warned that the global economy was slowing faster than it had expected. Meanwhile Japan’s exports fell the most since the aftermath of the earthquake last year, according to Bloomberg. We talk to Doug Casey, Chairman for Casey Research, about who will be hit hardest by this slowdown. We also ask him what countries he believes offer the best economic opportunities for young entrepreneurs and recent college graduates who may be looking not only to make money, but for an adventure as well. He mentions the continent of Africa, as a place that will see vast economic opportunity in the years to come. He also talks to us about Latin America, specifically Argentina, a country that he calls home for a good half of the year.
from WallStForMainSt:
Americans are re-asserting their 4th Amendment rights
by Paul Joseph Watson, InfoWars:
A truck driver who passed through an unconstitutional checkpoint 30 miles from the Mexican border stood up for his 4th Amendment rights by refusing to answer questions in another example of how Americans are re-asserting their liberties.
A You Tube video shows the truck driver approaching a checkpoint manned by U.S. Border Patrol agents. The checkpoint is situated in Texas at least 30 miles from the border with Mexico.
After a Border Patrol agent asks the man if he is has any passengers and is a U.S. citizen, the truck driver refuses to answer any questions, only asking, “Am I free to go?”
The truck driver asks if he crossed the border, who which the Border Patrol agent responds, “No, sir.”
Read More @ InfoWars.com
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by Paul Joseph Watson, InfoWars:
A truck driver who passed through an unconstitutional checkpoint 30 miles from the Mexican border stood up for his 4th Amendment rights by refusing to answer questions in another example of how Americans are re-asserting their liberties.
A You Tube video shows the truck driver approaching a checkpoint manned by U.S. Border Patrol agents. The checkpoint is situated in Texas at least 30 miles from the border with Mexico.
After a Border Patrol agent asks the man if he is has any passengers and is a U.S. citizen, the truck driver refuses to answer any questions, only asking, “Am I free to go?”
The truck driver asks if he crossed the border, who which the Border Patrol agent responds, “No, sir.”
Read More @ InfoWars.com
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