Saturday, January 3, 2015

There Is No Recovery From America’s Economic Extinction Level Event

by Dave Hodges, The Common Sense Show:
The massacre of Greek citizens under their Goldman Sachs controlled puppets, continues and Greeks are dying while the banks are getting paid for their bad credit swap derivatives. Greece is on the verge of a grass roots led civil war. Why should America be any different than Greece? The reason that the banking and retirement accounts of Greece have been destroyed is because Greece was chosen by the banksters to pillage their economy in order to help pay off their derivatives debt.
Think of Greece as being an appendage and the appendage belongs to a man who has a staff infection which is rapidly spreading through his system. To save the patient from dying, the patient must first have his hand amputated. When the doctors are unable to stop the infection from spreading, Spain and Italy are the next amputations to be performed as the other hand is amputated.
Read More @ Thecommonsenseshow.com

2015 Reminder: Government Word is Worthless

from Washington’s Blog:

As US government figures and departments, such as the “FBI” (which, according to its own documents, tried to “destroy Martin Luther King, Jr.”), continue to make and act on “official pronouncements”, let’s remember that these people have less than no credibility.  They have used lies, extreme violence, and stolen property to build themselves the most massive garrison/exploitation/surveillance state in human history, and are thus the very last people who should be taken at their word.
We can review innumerable current and recent lies and their consequences, but we should always keep in mind that they are nothing new.
Read More @ WashingtonsBlog.com

Fukushima News – Fukushima Corium Found In Pacific-“Plutonium Floating On The Surface”

from MissingSky101:

 Shut Up Officer

from The Burning Platform:
“With the increasing number of ambush-style attacks against our officers, I am deeply concerned that a growing anti-government sentiment in America is influencing weak-minded individuals to launch violent assaults against the men and women working to enforce our laws and keep our nation safe,” said Craig Floyd, chairman and CEO of the memorial fund.
“Enough is enough,” he said in a statement. “We need to tone down the rhetoric and rally in support of law enforcement and against lawlessness.”
Bite me Craig.
Here are the facts. There were 126 on-duty deaths reported among all officers in 2014. There are approximately 1 million sworn officers between federal, state, county and local government entities (and another couple of million employees who are not sworn; that is, they are not officers and do not have arrest powers, such as dispatchers and clerks.)
Read More @ TheBurningPlatform.com



Ken Rogoff Warns Economic Sanctions Don't Work; Fears Violence, Not Bargaining

With Western economic sanctions against Russia, Iran, and Cuba in the news, Ken Rogoff thought it was a good time to take stock of the debate on just how well such measures work. The short answer is that economic sanctions usually have only modest effects at best. In a world where nuclear proliferation has rendered global conventional war unthinkable, economic sanctions and sabotage are likely to play a large role in twenty-first-century geopolitics. Rather than preventing conflict, Pericles’s sanctions in ancient Greece ultimately helped to trigger the Peloponnesian War. One can only hope that in this century, wiser heads will prevail, and that economic sanctions lead to bargaining, not violence.


US Debt Soars By $100 Billion On Last Day Of 2014, Hits Record $18.14 Trillion









The Gloves Come Off: Germany Says Grexit "Manageable" As Tsipras Demands Greek Debt Writeoff

Today, concerned that Tsipras' ascent to power will mean precisely that, namely more "blackmail" by Greece of Germany and the Eurozone, as a Grexit opens the way for a collapse of the monetary union and a return to the DEM which would cost Germany far more than continuing the annual charade of keeping Greece in the Euro, Spiegel is out with another piece saying "Bundesregierung hält Ausscheiden Griechenlands aus dem Euro für verkraftbar", or loosely translated, the Federal Government considers Greece's exit from the euro manageable. Why is this coming out today? Because moments ago, Tsipras made it quite clear just what he will demand once he gets the power: "Germany had most of nominal value of debt written off in 1953, same should be done for Greece in 2015", adding that Greece wants writedown on nominal value of Greek debt. And so the gloves come off, and the real bluffing begins.






China's "Illusion Of Prosperity" Exposed: Forget Ghost Cities, Meet Ghost Factories

Having exposed the 20+1 charts of China's demise previously, we move to Exhibit (a) in the "illusion of prosperity" that keeps the dream (looking) alive to the outside (mostly Western get-rich-quick fast-money) world - China's Zombie Factories...

GLOBAL SILVER DEMAND GROWTH: Coin & Bar Take First Place By Wide Margin

from SRSrocco Report:

When it comes to global silver demand growth over the past decade, the coin and bar investment category is the big winner.  Unfortunately, the media tends to focus on growth of industrial silver consumption, while investment demand continues to take a back seat.
For example, the Silver Institute hired CRU Consulting to put a report together on the growth of industrial silver demand until 2018.  In the December 2014 Industrial Silver Report, CRU believes global industrial silver demand will increase 27% (from 2013), an additional 142 million ounces (Moz) by 2018.
Read More…

Russian Woes Continue As Ruble Plumbs New Depths

from Oil Price:
Russia’s Economic Development Ministry reports that the country’s economy shrank for the first time in five years in November, measuring 0.5 percent lower in November than it did in the same month the previous year because of dramatic drops in both investment and manufacturing.
“A sharp slowdown in manufacturing had the main negative effect on GDP dynamics in November,” the Economic Development Ministry said in the announcement on its website. It said there also were serious drops in wholesale trade, agriculture and construction.
Read More @ OilPrice.com

It IS Happening Here: “Permanent Gun Confiscation” Ordered After Veteran Sought ‘Voluntary’ Treatment for Insomnia

by Mac Slavo, SHTFPlan:
For those who have always believed that it can’t happen here, think again, because it IS happening, and things are only going to get worse as data surveillance becomes a way of life.
Gun confiscation at the hands of medical records sharing is now officially a reality, with serious consequences for the individuals involved.
Now, under ObamaCare, the United States is on pace to swiftly become a snitch society that would make East Germany and Soviet Russia blush.
Read More @ SHTFPlan.com

COPS SHOT in NY – LEAD UP to MARTIAL LAW – or – they’ll be SORRY NOW

from David Vose:
The Two Police Shot in New York has the whole world in panic. Is this what they want? If a Mass murder at a middle school didn’t give them what they wanted, gun control. And, if a Bomb in Boston didn’t cause nation wide Martial law, yet. How about a series of Police being Shot by civilians. This will be the war on America. The Police will not say, oh, we are sorry, we won’y murder your people in the streets anymore. No. They will just order MORE tanks and More Cops to patrol and rough us up. They will now declare that if an officer tells you to stand at attention and show your papers, you will do so immidiately or, you will be shot on the spot. No questions asked. It is only going to take a few more incidents before we will feel the pressure. We must not fight fire with fire. lets use Love and the facts, lets demonstrate peacfully and stop voting these people into office. We need to organize friends


Why is it illegal for communities to protect themselves from harm?

from Jon Rappoport:
The supposed answer to that question is the Supremacy Clause of the US Constitution, Article 6, paragraph 2:
“This Constitution, and the laws of the United States which shall be made in pursuance thereof; and all treaties made, or which shall be made, under the authority of the United States, shall be the supreme law of the land; and the judges in every state shall be bound thereby, anything in the Constitution or laws of any State to the contrary notwithstanding.”
By inference, the individual states declare their own supremacy when local communities try to nullify or avoid state statutes.
Read More @ Jonrappoport.wordpress.com

Land of the Spied On? Army Surveillance Blimps Launching over MD as 30,000 Cameras Watch D.C. Schools

by Melissa Melton, The Daily Sheeple:
America is the “land of the free, home of the brave” in name only.
The majority of us who have long ago realized that ignorance is not bliss have known this for quite a while now. In reality, we’re living in an increasingly sophisticated electronic concentration camp the likes of which would make George Orwell spin in his grave fast enough to cause spontaneous combustion.
Some have suggested America is now “the most surveilled society in human history,” and on what possible basis could anyone disagree?
Read More @ TheDailySheeple.com

The Year US-Led Capitalism Became Exposed As Root Of Global Conflict

by Finian Cunningham, The News Doctors:
TND Editor’s Note: The United States has a “mixed” economic system, and it’s probably safe to say at least 70% of the economy is crony-capitalist in nature, and that includes the excesses of imperialism and subjugation, the focus of much of Mr. Cunningham’s essay. Part of the solution to America’s problems requires the restoration of true capitalism so forgive me if I grow tired of otherwise brilliant people like Mr. Cunningham continuing to fall down on this subtle fact. Normally, an editorial note wouldn’t be necessary, and much flies on TND we don’t agree with. That just comes with the process of ensuring a healthy stream of ideas. But getting the definition of our problems correct on this critical issue can’t be passed over.
Historians may look back on 2014 as a defining watershed in geopolitical events, the year when the limit of American power was exposed as a waning entity and the contemporary root of global conflict.
Read More @ TheNewsDoctors.com

Why You Should Be Prepared for Both Inflation and Deflation

by Jim Rickards, Daily Reckoning.com:
Today’s investment climate is the most challenging one you have ever faced. At least since the late 1970s, perhaps since the 1930s. This is because inflation and deflation are both possibilities in the near term. Most investors can prepare for one or the other, but preparing for both at the same time is far more difficult. The reason for this challenging environment is not difficult to discern.
Analysts and talking heads have been wondering for five years why the recovery is not stronger. They keep predicting that stronger growth is right around the corner. Their forecasts have failed year after year and their confusion grows. Perhaps even you, who have seen scores of normal business and credit cycles come and go for decades, are confused.
Read More @ DailyReckoning.com

Fleckenstein Warns 2015 Is The Year The Fantasy Dies

from KingWorldNews:
Fleckenstein: “People are going to lose confidence in the central banks and there is going to be an ugly dislocation when that happens. Will they come back for another round (of money printing)? I’m sure the Fed will come with QE again when it turns out this one doesn’t work….
“But for the moment the people who believe in the fantasy of central banks delivering economic Nirvana, and that they can levitate financial markets forever, those people who believe that are winning the battle, and those of us who say that this is going to end in disaster aren’t.
Bill Fleckenstein Audio Interview @ KingWorldNews.com

 

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