Our current money system began in 1971. It survived consumer price inflation of almost 14% a year in 1980. But Paul Volcker was already on the job, raising interest rates to bring inflation under control. And it survived the “credit crunch” of 2008-09. Ben Bernanke dropped the price of credit to almost zero, by slashing short-term interest rates and buying trillions of dollars of government bonds. But the next crisis could be very different…
Nobody could have possibly predicted this ...Right... Remember this when the Assholes on the Financial programs say this...
103 Years Later, Wall Street Turned Out Just As One Man Predicted
Submitted by Tyler Durden on 06/07/2015 - 17:54
For over 65 years, the nation of China has been secretly working upon
implementing a 100-year-long plan to replace the United States as the
global superpower of the world. Dating back to 1949, China devised a
plan to ‘wipe clean’ past humiliations and revise the order that was
established under Bretton Woods that left the world a US-dominated world
following World War II, the world that most of us grew up in. Thanks to
China’s ‘100-Year marathon‘, the world we all grew up in is about to go through a major change. Among the many newly released video reports below of military activity in America, we see a convoy of 155mm Howitzer’s (as seen in photos above and 3rd video below) rolling westbound towards Texas on US-98 in Lucedale, Mississippi. In another video report published by the same videographer, we see another military convoy stopped at a weigh station also westbound in Mississippi. Coincidentally, or not, the Wal Mart truck that appears to be with the convoy at the same weigh station shown in the picture below (seen in 3rd video) is getting a lot of attention. Many more videos and original photos below include an update on the Brandon, Florida Wal Mart and some strange activity there that adds more unanswered questions to this rapidly growing mystery. All of what we’re watching across America is the beginning of this ‘brave new world’ .
On May 21, 2015, the Colombian Air Force (FAC) bombed the base camp of
the Revolutionary Armed Forces of Colombia (FARC) killing 26 guerrillas.
Three days later the FAC bombed other FARC bases killing 14 more
guerrillas. This was part of an official offensive, launched by
President Juan Manuel Santos, the US’s most loyal client in Latin
America. Among the victims were FARC Commanders Jairo Martinez, a
participant in the ongoing peace negotiations in Havana and Roman Ruiz.Colombia works closely with the US, through Bernard Aronson, a very intrusive neo-conservative ‘overseer’, who is Washington’s coordinator in the Colombian counter-insurgency war. The US maintains seven military bases and has stationed over one thousand US ‘advisers’ in the field and within the Colombian Defense Ministry.
Read More @ Globalresearch.ca
p>Tensions are mounting on the US/Mexico Border ahead of Jade Helm exercises. With a known Islamic State camp on the border,
reports are coming in that a U.S. Customs and Border Protection (CBP)
helicopter has been shot down by Mexico on the Texas border.
The attack on the chopper occurred around 5:30pm Friday.
Brandon Darby reports:
The helicopter was in U.S. airspace and participating in the interdiction of a narcotics load coming from Mexico into the United States.
Read More @ FreedomOutpost.com
Thousands of Ukrainians took to the streets in Kiev on Saturday, demanding the resignation of Poroshenko and Yatsenyuk.
A massive march took place in the streets of Kiev to protest against the policies of the current Ukrainian government, calling for its resignation and economic reforms.
According to TASS news agency, up to 3,000 people took to the streets in Kiev on Saturday to protest against lack of reform and economic instability.
The people carried placards reading “We are hungry,” “Raise pensions” as well as some anti-LGBT slogans as they marched along Khreshchatyk Street to Independence square (Maidan Nezalezhnosty) in central Kiev.
Read More @ Russia-Insider.com
If you think you live in a Free country and not censored...then visit this page and click the link...it's O.K just goes to a story posted here about Rand Paul... Yahoo is as bad as google... Set your homepage to www.startpage.com
copy and paste in your browser...
https://r.search.yahoo.com/_ylt=AwrSbmwYjXNVbLwAqTzBGOd_;_ylu=X3oDMTE0ZWhydmNhBGNvbG8DZ3ExBHBvcwM3BHZ0aWQDVUkwMVRDMV8xBHNlYwNzcg--/RV=2/RE=1433664921/RO=10/RU=http%3a%2f%2fwethesheeplez.blogspot.com%2f2015%2f05%2frand-paul-blocks-extension-of-patriot.html/RK=0/RS=YZ3wYKILyFnppOmca8FqElmo9E8-
Turkish Lira Plunges As Landmark Election Portends Political Uncertainty
Submitted by Tyler Durden on 06/07/2015 - 18:40 In an election that was, essentially, a litmus test for Recep Tayyip Erdogan's plans to expand his powers, voters dealt the Turkish President and his Justice and Development Party (A.K.P.) a stinging blow at the ballot box on Sunday.
Another Bubble Alert: Home Down Payments Hit Three-Year Low
Submitted by Tyler Durden on 06/07/2015 - 18:15 New rules at Fannie Mae and Freddie Mac in conjunction with lower FHA premiums helped to drive down payments on single family homes to their lowest level since Q1 2012 in the first quarter.
The Central Banks Are Losing Control Of The Financial Markets
Submitted by Tyler Durden on 06/07/2015 - 16:01 Every great con game eventually comes to an end.
Are they expecting something to happen? As you will read about below,
the European Union says that any nation within the EU that does not
enact “bail-in” legislation within the next two months will face legal action.
The countries that are being threatened in this manner include Italy
and France. If you fast forward two months from this moment, that puts
us in early August. So clearly the European Union wants everything to
be squared away by the end of the summer. Is there a reason for this?
Are they anticipating that something really bad will happen in September
or thereafter? Why such a rush?Read More…
Citi: Euro Bond Market Faces "Historic" Levels Of Risk
Submitted by Tyler Durden on 06/07/2015 - 15:15 "Do investors want to own bonds at 1% or 1-2bp yield per bp of realized vol, if risk is exploding? The EGB market is at historical highs in terms of total market risk!"
World’s 2nd Biggest Stock Breaks 28-Year Trendline
Submitted by Tyler Durden on 06/07/2015 - 14:45 This breakdown marks the first day that Exxon Mobil has ever closed below this trendline. Now, assuming the stock’s behavior around the trendline is not completely random, and considering its capacity as the 2nd biggest stock in the equity market, the effect of this breakdown may be profound. Absent an immediate reversal back above the trendline, this loss of 28-year support would appear to open the door to more downside in the stock.
Deutsche Bank Co-CEOs To Resign Amid Shareholder Frustration
Submitted by Tyler Durden on 06/07/2015 - 09:22 "Anshu Jain and Jürgen Fitschen, the embattled co-chief executives of Deutsche Bank AG, plan to announce their resignations, according to people familiar with the matter, an abrupt move that throws into question the future direction of one of the world’s largest banks," WSJ reports. John Cryan, former UBS CFO, is reportedly in line to take the helm.ONLY TAXPAYERS should be able to vote...
Should We Raise The Voting Age?
Submitted by Tyler Durden on 06/07/2015 - 13:39 Should a person or group that has never experienced what is known by all as “real life” while simultaneously being seen by many legal standards as not having the full credentials to be recognized as an “adult” have the ability to vote directly for, or vote for candidates responsible in the setting of the nations wage laws, tax laws, business law, national debt, business tax structures, business mandates, international trade policies, monetary policy, or most importantly – whether to send their brethren off to war where people die for real – not in some video game or movie?from Modern Survival Blog:
Boston – National Guard units seeking to confiscate a cache of
recently banned assault weapons were ambushed by elements of a
Para-military extremist faction. Military and law enforcement sources
estimate that 72 were killed and more than 200 injured before government
forces were compelled to withdraw…Speaking after the clash, Massachusetts Governor Thomas Gage declared that the extremist faction, which was made up of local citizens, has links to the radical right-wing tax protest movement.
Read More @ ModernSurvivalBlog.com
We are soooo screwed...
De-Dollarization Du Jour: Russia's Largest Bank Issues Yuan-Denominated Guarantees
In yet another sign that Russia and China are set to work together to extricate themselves from a dependence on the dollar specifically and on Western financial institutions more generally, Russia’s largest bank has, for the first time, extended yuan-denominated letters of credit in concert with the Chinese Export-Import bank.And we're stuck with these turds...
Folksy Obama Arrives In Germany: "Slugs" Sausage, Beer And Pretzels, Goes Lederhosen Shopping
Submitted by Tyler Durden on 06/07/2015 - 10:28 Earlier today, Barack Obama, together with 6 of the world's most powerful leaders (but certainly not Vladimir Putin) congregated in the Bavarian town of Krun where they will for the next two days hunker down at the luxurious Scholss Elmau for the latest G-7 meeting, covering an agenda dealing with climate change, global extremism, and of course, solving the Ukraine crisis (with or without instructions from George Soros on how to proceed). Serious stuff. Obama, however, decided to keep it "folksy" and the lame duck president, content with the direction the world is going, pulled a page right out of National Lampoons European vacation and kicked it back.
Obama Sidelines Kerry On Ukraine Policy
Submitted by Tyler Durden on 06/07/2015 - 16:44 John Kerry now faces the decision as to whether to quit — which would force the EU’s hand regarding whether to continue with U.S. policy there — or else for Kerry to stay in office and be disrespected in all capitals for his staying on after having been so blatantly contradicted by his subordinate on a key issue of U.S. foreign policy.
The Slide Toward “Velvet Glove” Fascism Continues
Submitted by Tyler Durden on 06/06/2015 - 21:14 Sometimes we get the feeling the ruling elites are investing the laws they enact with a kind of impertinent, slap-in-your-face black humor. How else to explain the Orwellian names given to the liberty-crushing laws that have been put in place since the “war on terror” started?
The "Illegal Immigrant" Recovery? The Real Stunner In The Jobs Report
Submitted by Tyler Durden on 06/06/2015 - 22:15 In the latest jobs report we find the following stunner: since the start of the Second Great Depression, the US has added 2.3 million "foreign-born" workers, offset by just 727K "native-born". This means that the "recovery" has almost entirely benefited foreign-born workers, to the tune fo 3 to 1 relative to native-born Americans!
SEC Reads Zero Hedge, Launches Crack Down On Activist Hedge Fund "Idea Dinners"
Submitted by Tyler Durden on 06/06/2015 - 20:14 Ten months after we asked whether "The SEC Is Asking These Hedge Funds Why They All Rushed Into Allergan Last Quarter?" we find that the US market regulator indeed reads this website on a regular basis. As the WSJ reports the SEC has answered our question, and yes: the SEC is finally asking not only "these" hedge funds why they all rushed into Allergan, but into every other collusive activist take out target.from Dees Illustration, via Rense:
from The Burning Platform:
Crony Hung in Own Noose – But No Reason to Celebrate
Imagine our delight! “Crony Hung in Own Noose” is the headline we would have put on the story. The New York Times has the report:
“J. Dennis Hastert, who served for eight years as speaker of the House of Representatives, was paying a former student hundreds of thousands of dollars to not say publicly that Mr. Hastert had sexually abused him decades ago, according to two people briefed on the evidence uncovered in an F.B.I. investigation.
Federal prosecutors on Thursday [May 28] announced the indictment of Mr. Hastert, 73, on allegations that he made cash withdrawals, totaling $1.7 million, to evade detection by banks. The federal authorities also charged him with lying to them about the purpose of the withdrawals.”
Read More @ TheBurningPlatform.com
Crony Hung in Own Noose – But No Reason to CelebrateImagine our delight! “Crony Hung in Own Noose” is the headline we would have put on the story. The New York Times has the report:
“J. Dennis Hastert, who served for eight years as speaker of the House of Representatives, was paying a former student hundreds of thousands of dollars to not say publicly that Mr. Hastert had sexually abused him decades ago, according to two people briefed on the evidence uncovered in an F.B.I. investigation.
Federal prosecutors on Thursday [May 28] announced the indictment of Mr. Hastert, 73, on allegations that he made cash withdrawals, totaling $1.7 million, to evade detection by banks. The federal authorities also charged him with lying to them about the purpose of the withdrawals.”
Read More @ TheBurningPlatform.com
from The Daily Sheeple:
It seems to me that the logistical flaw in non-anarchistic libertarian
thought—that the state is necessary, if for nothing else but protection
of its citizens (defense from attack from abroad, protection of
individuals from each other, dispute adjudication, etc)—is rooted in the
lack of recognition that history has readily proven that the state can
not—will not—be limited by law, especially (and one would think
obviously) when the state itself is the author, interpreter, and
enforcer of the law. The dismal failure of the “American Experiment”
proved this truth, once and for all.
The dismal failure of the “American Experiment” proved this truth, once and for all.
Read More @ TheDailySheeple.com
It seems to me that the logistical flaw in non-anarchistic libertarian
thought—that the state is necessary, if for nothing else but protection
of its citizens (defense from attack from abroad, protection of
individuals from each other, dispute adjudication, etc)—is rooted in the
lack of recognition that history has readily proven that the state can
not—will not—be limited by law, especially (and one would think
obviously) when the state itself is the author, interpreter, and
enforcer of the law. The dismal failure of the “American Experiment”
proved this truth, once and for all. The dismal failure of the “American Experiment” proved this truth, once and for all.
Read More @ TheDailySheeple.com
The Public’s Illusions Are About To Be Crushed As The Biggest Ponzi Scheme In World History Implodes
from KingWorldNews:
Egon von Greyerz:
“Eric, we live in an illusory world where the public’s illusions are
about to be smashed in the next few years. As an example, the illusory
fortunes of the very wealthy have gone up exponentially in this century.
They all believe that they are creating wealth based on their skills
in investing. Little do they realize that the real reason is because
they are standing near the printing press in the biggest Ponzi scheme in
world history….
“I speak to many of these people about risk but they see no risk in financial markets. They don’t believe that $100 million for an apartment, painting, or a diamond is a bubble. Or a stock market that is actually now valued higher than it was in 1929, 2000, or in 2007. They don’t see that this is a bubble.
Egon von Greyerz Continues @ KingWorldNews.com
Egon von Greyerz:
“Eric, we live in an illusory world where the public’s illusions are
about to be smashed in the next few years. As an example, the illusory
fortunes of the very wealthy have gone up exponentially in this century.
They all believe that they are creating wealth based on their skills
in investing. Little do they realize that the real reason is because
they are standing near the printing press in the biggest Ponzi scheme in
world history….“I speak to many of these people about risk but they see no risk in financial markets. They don’t believe that $100 million for an apartment, painting, or a diamond is a bubble. Or a stock market that is actually now valued higher than it was in 1929, 2000, or in 2007. They don’t see that this is a bubble.
Egon von Greyerz Continues @ KingWorldNews.com
from Liberty Blitzkieg:
If it sounds complicated, it is. The important point is that this trade
agreement contains a crucial discussion of governments’ abilities to
meaningfully protect civil liberties. And it is not being treated as a
human rights discussion. It is being framed solely as an economic issue,
ignoring the implications for human rights, and it is being held in a
classified document that the public is now seeing months after it was
negotiated, and only because it was released through WikiLeaks.
The process is also highly secretive—in fact, trade agreement texts are classified. While the executive branch does consult with members of Congress, even congressional staffers with security clearance have until recently been prevented from seeing the texts. Furthermore, certain trade industry advisers are allowed access to U.S. negotiating objectives and negotiators that the public and public interest groups do not have.
Read More @ libertyblitzkrieg.com
If it sounds complicated, it is. The important point is that this trade
agreement contains a crucial discussion of governments’ abilities to
meaningfully protect civil liberties. And it is not being treated as a
human rights discussion. It is being framed solely as an economic issue,
ignoring the implications for human rights, and it is being held in a
classified document that the public is now seeing months after it was
negotiated, and only because it was released through WikiLeaks. The process is also highly secretive—in fact, trade agreement texts are classified. While the executive branch does consult with members of Congress, even congressional staffers with security clearance have until recently been prevented from seeing the texts. Furthermore, certain trade industry advisers are allowed access to U.S. negotiating objectives and negotiators that the public and public interest groups do not have.
Read More @ libertyblitzkrieg.com
When a California man set out to Montana to purchase some tractor
parts, little did he know that he would be forfeiting $16,000 of his
cash to the Big Sky State. Montana has now taken action to stop this
type of abuse from happening.Lorenzo Ayala of Palo Alto was pulled over on I-90 by the Montana Highway Patrol for a routine traffic stop in February 2013.
The Casper Star-Tribune reports that state trooper Erick Fetterhoff, trained in drug recognition, became suspicious when he saw “a single key in the ignition, a bag of beef jerky, a bottle of Visine, cologne, lighters, clothing stored in plastic grocery bags, and trash littered throughout the car.”
from Nation of Change:
The death of a 21-year-old computer science student in police custody
has been ruled a homicide from blunt force trauma and has resulted in
the termination of nine deputies who strapped him to a restraining chair
on New Year’s Day and allegedly beat him to death. Although the county
attorney’s office initially claimed that the deputies were fired last
month for general policy violations, the coroner confirmed on Thursday
that the deputies lost their jobs on the same day that he signed the
student’s death certificate. The student’s family only became aware of
the death certificate’s existence after a photograph of the document was
leaked on social media.
Read More @ NationofChange.org
h/t WhatReallyHappened.com
The death of a 21-year-old computer science student in police custody
has been ruled a homicide from blunt force trauma and has resulted in
the termination of nine deputies who strapped him to a restraining chair
on New Year’s Day and allegedly beat him to death. Although the county
attorney’s office initially claimed that the deputies were fired last
month for general policy violations, the coroner confirmed on Thursday
that the deputies lost their jobs on the same day that he signed the
student’s death certificate. The student’s family only became aware of
the death certificate’s existence after a photograph of the document was
leaked on social media.Read More @ NationofChange.org
h/t WhatReallyHappened.com
from Wolf Street:
Since Europe’s sovereign debt problems exploded onto the scene in 2010
the European Union has masterfully exploited the crisis to strengthen
its grip over the old continent. It has stripped once-proud, independent
nations of the last vestiges of their economic sovereignty. It has also
pulled off the long-cherished dream of banking union, which was quietly
consummated last fall.
Now, with the help of Berlin and Paris, it is looking to complete the coup. And this time not in the shadows, but in broad daylight.
Read More @ Wolfstreet.com
image/theguardian.com
Since Europe’s sovereign debt problems exploded onto the scene in 2010
the European Union has masterfully exploited the crisis to strengthen
its grip over the old continent. It has stripped once-proud, independent
nations of the last vestiges of their economic sovereignty. It has also
pulled off the long-cherished dream of banking union, which was quietly
consummated last fall.Now, with the help of Berlin and Paris, it is looking to complete the coup. And this time not in the shadows, but in broad daylight.
Read More @ Wolfstreet.com
image/theguardian.com
from Examiner:
The public-interest, non-partisan law group that is suing Bill and
Hillary Clinton and their Clinton Foundation, listed as a charity, under
the federal Racketeer Influenced and Corrupt Organizations Act urged a
federal court in Florida — that has already set the trial date for
January 2016 — to take physical custody of Hillary Clinton’s private
email server forthwith before anymore “loss of emails” can occur. The
fear is that since the State Department claims it possesses no emails or
documents regarding Iranian waivers by her in exchange for donations to
her foundation, they may remain on the allegedly “scrubbed” server in
Clinton’s home, according to the release of the court document and a news story on Thursday.
Read More @ Examiner.com
The public-interest, non-partisan law group that is suing Bill and
Hillary Clinton and their Clinton Foundation, listed as a charity, under
the federal Racketeer Influenced and Corrupt Organizations Act urged a
federal court in Florida — that has already set the trial date for
January 2016 — to take physical custody of Hillary Clinton’s private
email server forthwith before anymore “loss of emails” can occur. The
fear is that since the State Department claims it possesses no emails or
documents regarding Iranian waivers by her in exchange for donations to
her foundation, they may remain on the allegedly “scrubbed” server in
Clinton’s home, according to the release of the court document and a news story on Thursday.Read More @ Examiner.com
from Ready Nutrition:
It’s strange to think that until the 20th century, nobody knew what
vitamin C was. There were vague notions that certain citrus fruits could
prevent scurvy, but even that didn’t occur to most people until the
19th century. Until that time, people routinely died from a lack of this
essential nutrient. Now we know that vitamin C is not only important
for the health of our teeth and gums, but is an essential part of our
overall health and immune system.
Unfortunately, vitamin C has one major drawback. As strange as it may sound, the human body has a hard time digesting this essential nutrient, whether it’s in supplement form, or is consumed naturally in food. Only about 20% of it is properly absorbed by our bodies. The rest is flushed out through your digestive track, and what little remains often has a pretty short half-life in your body.
Read More @ ReadyNutrition.com
It’s strange to think that until the 20th century, nobody knew what
vitamin C was. There were vague notions that certain citrus fruits could
prevent scurvy, but even that didn’t occur to most people until the
19th century. Until that time, people routinely died from a lack of this
essential nutrient. Now we know that vitamin C is not only important
for the health of our teeth and gums, but is an essential part of our
overall health and immune system.Unfortunately, vitamin C has one major drawback. As strange as it may sound, the human body has a hard time digesting this essential nutrient, whether it’s in supplement form, or is consumed naturally in food. Only about 20% of it is properly absorbed by our bodies. The rest is flushed out through your digestive track, and what little remains often has a pretty short half-life in your body.
Read More @ ReadyNutrition.com
by Alfredo Lopez , This Cant Be Happening:
To get to the point: there is nothing — nothing at all — in any recent
law or legislative action that will in any way weaken the police state
structure our government has put into place for rapid deployment. You
are not any more free than you were last week and, no matter what the
Congress has done with the expired provisions of the Patriot Act or the
newly developed and Orwellian-named “USA Freedom Act”, you are not going
to be any more free next week.
This week’s big news is the expiration of the Patriot Act or actually a few of its provisions, since this humongous illustration of a fascist’s wet dream is comprised of hundreds of laws that expire at different times. The provisions that have expired are, however, significant because they involve phone data capture that affects every U.S. citizen.
Read More @ Thiscantbehappening.net
To get to the point: there is nothing — nothing at all — in any recent
law or legislative action that will in any way weaken the police state
structure our government has put into place for rapid deployment. You
are not any more free than you were last week and, no matter what the
Congress has done with the expired provisions of the Patriot Act or the
newly developed and Orwellian-named “USA Freedom Act”, you are not going
to be any more free next week.This week’s big news is the expiration of the Patriot Act or actually a few of its provisions, since this humongous illustration of a fascist’s wet dream is comprised of hundreds of laws that expire at different times. The provisions that have expired are, however, significant because they involve phone data capture that affects every U.S. citizen.
Read More @ Thiscantbehappening.net
from MissingSky101:
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