Dear Daily Readers...Please watch ALL parts of this video presentation, and Forward to all your family and friends.
In Ann Barnhardt’s latest Power Point presentation, she outlines in detail the many reasons why we are screwed. Indeed, the economy is going to implode.
Here are the links to the remaining portions of this 8-part series.
56. No One Is Coming To Save You
It is no secret that China is replacing the U.S. dollar with its own currency in more and more of its bilateral trading. It’s apparent to all that the renminbi will soon have (at least) a co-equal status with the dollar as the global “reserve currency”. Yet what is rarely if ever discussed in the mainstream media are the enormous economic repercussions of a world suddenly awash with a massive glut of surplus dollars.
In most respects economics mirrors one of the basic principles of physics: for every action there is an equal-and-opposite reaction. If farmers produce a bumper-crop of wheat and supply soars, then the price falls. Similarly, if (for some reason) the demand for wheat suddenly collapsed, the price would also fall – as both a jump in supply and/or a plunge in demand result in the same state: abundant/excessive supply. And the consequence of excessive supply is always a fall in price.
This economic “physics” applies in an identical manner to the world of currencies…eventually. In a global economy ever more corrupted by serial market-rigging; nowhere is this manipulation more blatant than in the world’s forex markets. Indeed, the world’s nations have openly declared that they are all competitively engaged in currency-manipulation; as denoted by the euphemistic term “competitive devaluation.”
Read More @ WealthWire.com
While there had been speculation that the BLS may delay the release of its October nonfarm payroll number until after the election, it turned out there was no reason to worry. Perhaps this is because the number, while at stall speed, was not quite as horrible as some had expected (even if the change in average hourly earnings did tumble to new all time lows) and so boosted Obama's reelection chances. There was, however, another closely tracked number which perhaps is far more indicative of the economic "growth" in the past 4 years, which certainly had a delayed release. The number of course is that showing how many Americans are on foodstamps, and usually is released at the end of the month, or the first day or two of the next month. This time the USDA delayed its release nine days past the semi-official deadline, far past the election, and until Friday night to report August foodstamp data. One glance at the number reveals why: at 47.1 million, this was not only a new all time record, but the monthly increase of 420,947 from July was the biggest monthly increase in one year. One can see why a reported surge in foodstamps ahead of the elections is something the USDA, and the administration may not have been too keen on disclosing.
Many have called the 2012 election the most important in their lifetime. But in citing the economy, unemployment, foreign affairs, gas prices, healthcare, and the burgeoning corruption of the American judiciary, political pundits may have universally ignored the real threat to the American public and the reason it was imperative to remove the Obama Regime from power.
It happened back in March. Republican representative Tom Graves of Georgia asked FBI Director Robert Mueller whether the Administration’s “…policy of extra-judicial killings of American citizens abroad could also apply in the United States.” Incredibly, Mueller responded “I have to go back. Uh, I’m not certain whether that was addressed or not.”
Graves then made it a bit easier, asking whether “…from a historical perspective the federal government has the ability to kill a United States citizen on United States soil, or just overseas.” “I’m going to defer that to others in the Department of Justice, said Mueller.”
Read More @ WesternJournalism.com
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Sprott does another silver purchase/EU will not act by Nov 16/2012/European industrial production implodes/
“And the reason why is, ‘Because we said so.’ That’s the only reason. So now we go back to Dexia (which was just bailed out again). Dexia’s liabilities include total debt exposure of about $70 billion to France, $40 billion to Italy, $30 billion to Spain, and about $40 billion to the US and Canada.
These are nothing more than gambling operations. So let’s make this really clear. Dexia just got a fresh bailout (yesterday) of about $5.5 billion. Do you think that $5.5 billion is going to cover anything? It’s not going to do anything. It’s a black hole.
Gerald Celente Audio Interview @ KingWorldNews.com
Alex talks with Rep. Ron Paul about Obama’s re-anointment and the economic implosion now slowly taking out the pinions of the once mighty U.S. economy.
With the election now over, I was scratching my head this morning and wondering whether or not “they know.” Know what? The “math” that I’ve been writing about these past weeks, that’s what. It just dawned on me that if someone really knew and understood the problems and that we’ve waited far too long to correct, adjust and repair, who in their right mind would want to be the president of the United States? A “smart person?” Obama has all sorts of diplomas, Romney has made a fortune and turned many businesses around, but, how “smart” are these two guys? I mean really, they were beating each other over the head for months just for the privilege of being captain of a mathematical Titanic.
What about Ron Paul? How smart is he? He wanted the same post. He surely “knew” what the problems were and actually had some plans to try to fix things. He is a brilliant Austrian economist with good ole’ common sense… but, even he was fooled! (Ron Paul: Election shows U.S. ‘far gone’) It didn’t take long though for him to figure it out! The election has opened Mr. Paul’s eyes; he knows, it’s over.
Read more @ MilesFranklin.com
Barack Obama’s second term is only just beginning – and he’s already making bold steps in the international arena.The U.S. has sent an air force detachment to service warplanes in Poland, which had pressed Washington for a security guarantee against Russia.
U.S. lawmakers are also reportedly preparing new sweeping sanctions against Iran, targeting its foreign business transactions. That’s on top of the latest round of restrictions imposed by Barack Obama just after he was re-elected to the White House.
Strains are widening between America and Iran – after The Pentagon revealed that Iranian jets fired at a U.S. drone flying off Iran’s coast last week. Political analyst Mohammad Marandi says it’s unlikely Tehran will bow down to Western pressure.
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1. The $1 trillion deficit spending by the U.S. government.
2. Quantitative Easing programs that are both stealth and announced by governments.
3. Rising National debt.
4. Increasing industrial demand.
In short, after preparing, keep stacking physical.
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