Tuesday, February 24, 2015

14 Signs That Most Americans Are Flat Broke And Totally Unprepared For The Coming Economic Crisis

by Michael Snyder, The Economic Collapse Blog:
When the coming economic crisis strikes, more than half the country is going to be financially wiped out within weeks.  At this point, more than 60 percent of all Americans are living paycheck to paycheck, and a whopping 24 percent of the country has more credit card debt than emergency savings.  One of the primary principles that any of these “financial experts” that you see on television will teach you is to have a cushion to fall back on.  At the very least, you never know when unexpected expenses like major car repairs or medical bills will come along.  And in the event of a major economic collapse, if you do not have any financial cushion at all you will be a sitting duck.  Yes, I know that there are millions upon millions of families out there that are just trying to scrape by from month to month at this point.  I hear from people that are deeply struggling in this economy all the time.  So I don’t blame them for not being able to save lots of money.  But if you are in a position to build up an emergency fund, you need to do so.  We have been experiencing an extended period of relative economic stability, but it will not last.  In fact, the time for getting prepared for the next great economic downturn is rapidly running out, and most Americans are not ready for it at all.  The following are 14 signs that most Americans are flat broke and totally unprepared for the coming economic crisis…
Read More…

I.R.S. TO GIVE ILLEGAL ALIENS BIGGER TAX REFUNDS THAN CITIZENS

The IRS estimates that illegal aliens will receive billions of dollars in additional payments, despite many of them being “paid-off-the-books.”
by Jim Kouri, News With Views:
The Obama administration will make this year’s tax season more painful for some American citizens but it will be a bonanza for illegal aliens who not only broke laws sneaking into the country but also worked illegally, at least until President Barack Obama gave them special exemptions from immigration law by executive fiat. According to Internal Revenue Service (IRS) top administrator on Tuesday, illegal aliens will receive refunds that are up to twice the amount citizens will get, a literal monetary bonanza.
IRS Commissioner John Koskinen, who some Americans believe has a casual relationship with the truth confirmed that illegal aliens granted de facto amnesty by President Obama’s unilateral decrees will be eligible to receive extra refunds from the IRS for money they earned while working illegally.
The immigration lawbreakers — even those who committed the felony of re-entering the United States after being deported — will be given Social Security cards, which means they can go back and submit tax returns for up to three years — 2011 — to request a tax Credit.
Read More @ NewsWithViews.com
 

Democrats Filibuster Homeland Security Funding Bill Over Obama Immigration Orders

from Western Journalism:
For the fourth time, Senate Democrats blocked a measure that would fund the United States Department of Homeland Security (DHS) and reverse President Obama’s executive actions on immigration.
On Monday, the Senate voted 47 to 46 to bring the House-passed bill up for debate, The Hill reported. The tally was short of the 60 votes needed.
The body has until midnight Friday to fund the department, or 75 to 80 percent of the department’s employees will be forced to work without pay–and another 30,000 will be furloughed until a deal can be brokered.
 

Anonymous Leaks Satanic Cult Member Names, Places, Phone #s

from The Phaser:
What kind of world do we live in when a pedophile as loathsome as this one has paid, government sanctioned access to children for decades while maintaining an unusually chummy relationship with Royals like this one? And nobody does anything about it.
What kind of world do we live in where the elite like these men meet on private islands in the Caribbean owned by a billionaire and alleged pedophile like this one, to do God knows what to God knows who?  And nobody does anything about it.
What kind of world do we live in where a former FBI Chief can publicly detail a massive pedophile sex ring in which children from foster homes and orphanages were placed  “in private jets and flown to Washington DC for sex orgies with prominent people including Congressman, Senators and certain people in the White House“?  And nobody does anything about it.
And what kind of world do we live in where beautiful little children like these, speak of unimaginable horrors like this?  And nobody does anything about it.
Read More @ ThePhaser.com
 

Depressed Silver Prices Presenting Bigger Opportunity Than Gold?

by Michael Lombardi, MBA, Profit Confidential:
As prices for silver and gold started falling in 2013, my prediction was that lower prices for the precious metals would cause miners to cut back on the exploration and development of new mines, eventually stunting supply. And that is exactly what has happened. In the case of silver, the cutback on supply has been significant.
Production of silver from mines in Canada, a major silver-producing country, is collapsing. In 2014, mines in Canada produced 492,871 kilograms (kg) of silver. In 2013, this figure was 645,976 kg of silver. Production at silver mines in Canada declined by 24% last year. (Source: Natural Resources Canada, last accessed February 18, 2015.)
Demand for Silver Skyrocketing
Looking at the demand side of the silver equation, I am truly impressed as the demand for silver continues to rise.
Read More @ Profit Confidential

This Will Create A Hyperinflationary Spiral And A Massive Panic Out Of The Dollar

from KingWorldNews:
Tomorrow Fed Chair Janet Yellen will be appearing before Congress to give her semiannual Humphrey-Hawkins testimony on the economy and monetary policy. There are some implications for gold and silver prices.
For years the Federal Reserve has been warning that interest rates will rise eventually, but the moment to raise rates never seems to arrive.
The obvious strategy the Fed has employed is to delay raising rates as long as possible, but to keep the markets on a knife-edge by saying that rates will rise eventually. They always tie it to something, like the level of unemployment or when the economy improves or inflationary pressures become greater or whatever is the latest benchmark.
James Turk continues @ KingWorldNews.com

MAJOR DISCOVERY HIGHLIGHT’S GOLD’S LONG HISTORY AS MONEY

from Goldsilverbitcoin:
A major discovery of more than 2,000 gold coins off the north-central coast of Israel could prove to be a part of the largest gold hoard ever found in the eastern Mediterranean, say archaeologists. The discovery highlights the long history of gold as money.
The coins have been identified as dinars, which was the official currency of the Fatimid caliphate that ruled parts of the Mediterranean from AD 909 to 1171.
The coins were found in early February when a team of six sport divers found what they initially mistook as a few toy coins on the seabed near the ancient harbor of Caesarea. The divers immediately notified the Israel Antiquities Authority (IAA). Divers from the IAA’s Marine Archaeology Unit accompanied the group back to the site and were stunned at what they had found.
Read More @ Goldsilverbitcoin.com
 

Processed Foods Indisputably Linked to Auto-Immune Disease

by Christina Sarich, Natural Society:
“Great news! Processed food isn’t as bad as you’ve been told!”
How I wish that could be the headline for this article, but microwave meals and processed convenience foods are still killing us softly, as I’ve reported before. This time, the study points to a considerable increase in auto-immune diseases like multiple sclerosis, alopecia, asthma, and eczema.
Whether its junk food from fast-food chains or junk food that is drowning in preservatives from your grocery store, this particular study from Yale University in the U.S and the University of Erlangen-Nuremberg, Germany, as well as another from Harvard, reports that junk food diets are to blame for an increase in these diseases.
Read More @ Natural Society
 

UPDATE: Portland Votes For the Police State

from Who What Why:
The city of Portland, Oregon will fully rejoin the FBI-led Joint Counterterrorism Task Force, after being the lone holdout nationwide.
Portland originally left the multi-agency task task force in 2005 in a dispute over what information the FBI and other federal agencies would share with the city.
Since then, it has been a symbol of moderate resistance to the national mandate of the FBI and the federal government’s secretive security machinery.
Mayor Charlie Hales provided the swing vote at a hearing of the five-member city council, which led to a 3-2 decision last week to rejoin the task force in full.
Read More @ WhoWhatWhy.com
 

Obama Is Lying About the West Coast Import Crisis Being Over: The Latent Effects Will Crush America

by Dave Hodges, The Common Sense Show:
West Coast imports handle almost 50% of all U.S. maritime trade and more than 70% of the country’s Asian imports. The recent resolution to the West Coast import crisis came none to soon and on the surface, America averted a disaster of monumental proportions with regard to the settling of the West Coast port labor dispute. However, if Americans think they have totally averted disaster in the long-term, they are sadly mistaken. The backlog of goods will take weeks to months to offload. The impact on our economy will be felt for years and the severity of the crisis was completely avoidable.
The settlement may have come in the nick of time to avert an economic collapse, in the near term, however, America is not escaping unscathed from the import crisis.
Read More @ Thecommonsenseshow.com
 

From Russia With GOLD

from Gold-Eagle:
Something is interestingly cooking in Russia. Consider the following startling facts about Mother Russia (as many old-timers used to call her). Russia has always been a formidable force in the commodities world. However, recently it has taken the production lead in two of the world’s most essential commodities (oil and natural gas) and is now in third place for global gold production. Specifically, Russia is today the world’s leading producer of Crude Oil (ahead of Saudi Arabia), and has beaten out the USA in Natural Gas production. And although Russia’s yearly gold production ranks it third worldwide, its annual growth rate materially outpaces China (top ranked producer) and Australia (ranking second).
Indeed, something is interestingly cooking in Russia…and it “ain’t” borscht (arguably Russia’s most popular and famous beet soup.
Read More @ Gold-Eagle.com
 

IT BEGINS: Turkey INVADES Syria to spark war, bring about new GRAND CALIPHATE

from The Right Scoop:
We know from leaked recordings in the past year that Turkey has been planning to use the tomb of Suleiman Shah as an excuse to invade Syria in hopes of sparking a war:
Turkey’s plan to invade its neighboring country of Syria was uncovered when a secret recording leaked of the highest officials discussing a plan to launch a military aggression on Syria by using the armed terrorist group Islamic State of Iraq and the Levant (ISIS).
Erdoğan’s government was planning a false flag attack to be executed by the Islamic State of Iraq and the Levant (ISIS) against the tomb of Suleiman Shah in Syria to justify the intervention of the Turkish army in Syria, therefore making an excuse to spark a war.
Read More @ TheRightScoop.com
 

LOL: Justice Department Investigating Ten Big Banks For Precious Metals Rigging?

by Dave Kranzler, Investment Research Dynamics:
Did you have to watch “Peanuts” 5,000 times before you figured out that Charlie Brown was not going to kick that footlball? – John Titus, “Bailout Films”
The Wall Street Journal reports this evening that “prosecutors in the Justice Department’s antitrust division are scrutinizing the price-setting process for gold, silver, platinum and palladium in London, while the Commodities Futures Trading Commission has opened civil litigation” (Wall Street Journal). Ten of the biggest banks in the world are allegedly under “scrutiny:” HSBC, Bank of Nova Scotia , Barclays, Credit Suisse, Deutsche Bank, Goldman Sachs, J.P. Morgan, Société Générale, Standard Bank and UBS.
Read More @ Investmentresearchdynamics.com
 

Western "Boots On The Ground" In Ukraine: Britain Sends 75 "Military Advisers" To Combat "Russia-Backed Aggression"

In what we believe is the first touchdown of Western 'boots-on-the-ground' in Ukraine, Britain's David Cameron stated today that British military personnel are to be deployed to Ukraine for the first time in the next few weeks to provide advice and training to government troops. As The Guardian reports, Britain would be “the strongest pole in the tent”, and argued for tougher sanctions against Moscow if Russian-backed militias in eastern Ukraine failed to observe the ceasefire. The MoD said up to 75 personnel would begin to deploy to Ukraine from next month as Cameron warned sanctions could become "materially different" and held out SWIFT exclusion once again. We suspect Putin will not be impressed at the 'encroachment'.

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