We The Sheeplez- The Coming Economic Collapse.."A Nation Of Sheep Ruled By Wolves" Thomas Jefferson

Soros On Europe: Iceberg Dead Ahead

George Soros has been a busy man the last few days. Appearing at the INET Conference a number of times and penning detailed articles for the FT (and here at Project Syndicate) describing the terrible situation in which Europe finds itself - and furthermore offering a potential solution. Critically, he opines, the European crisis is complex since it is a vicious circle of competing crises: sovereign debt, balance of payments, banking, competitiveness, and structurally defective non-optimal currency union. The fact is 'we are very far from equilibrium...of the Maastricht criteria' with his very clear insight that the massive gap, or cognitive dissonance, between the 'official authorities' hope and the outside world who see how abnormal the situation is, is troublesome at best. Analogizing the periphery countries as third-world countries that are heavily indebted in a foreign currency (that they cannot print), his initial conclusion ends with the blunt statement that "the euro has really broken down" and the ensuing discussion of just what this means from both an economic and socially devastating perspective: the destruction of the common market and the European Union and how this will end in acrimonious recriminations with worse conflicts between European states than before.

BTFD...and keep Stacking...

Mutiny in the Pits!

from Bigdad06:

1.Traders walk out and abandon ship of CME Eurodollar pit to protest trade and the link is here http://www.bloomberg.com/news/2012-04-13/traders-walk-out-of-cme-eurodollar-p... .

2.Iceland forgives some mortgage debt and gives bankers the finger and the link is here http://sherriequestioningall.blogspot.com/2012/04/iceland-forgives-mortgage-d... .

3. Egan Jones downgrades JPMorgan not a day too soon and the link is here http://www.zerohedge.com/news/egan-jones-downgrades-jpmorgan .

4.What they can no longer hide they must admit and the link is here http://www.youtube.com/watch?feature=player_embedded&v=Voo_wyqsfyQ .

The clip is from the movie Pirates of the Caribbean At World's End, an appropriate title I think.

Stock Markets: We Are Looking At A Correction Of At Least 10%

Admin at Marc Faber Blog - 2 hours ago

In the case of the US and other markets, we are looking at a correction of at least 10% and then we will get probably QE3 and some more monetary easing. - in CNBC TV-18 Related, iShares Russell 2000 Index ETF (IWM), ProShares UltraShort S&P500 ETF (SDS) *Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.*

Why The Market Is Slowly Dying

From Morgan Stanley: "In our mind, many of the approaches to algorithmic execution were developed in an environment that is substantially, structurally different from today’s environment. In particular, the early part of the last decade saw households as significant natural liquidity providers as they sold their single stock positions over time to exchange them for institutionally managed products... While the time horizon over which liquidity is provided can range from microseconds to months, it is particularly shorter-term liquidity provisioning that has become more common." Translation: as retail investors retrench more and more, which they will due to previously discussed secular themes as well as demographics, and HFT becomes and ever more dominant force, which it has no choice but to, liquidity and investment horizons will get ever shorter and shorter and shorter, until eventually by simple limit expansion, they hit zero, or some investing singularity, for those who are thought experiment inclined. That is when the currently unsustainable course of market de-evolution will, to use a symbolic 100 year anniversary allegory, finally hit the iceberg head one one final time.

Hallelujah! Iceland Forgives Mortgage Debt for Entire Population – Puts Bankers and Politicians on “Bench of Accused”

[Ed. Note Addendum: The top comment on You Tube for this video reads "I am Icelandic and live in Iceland and i want to tell everyone that this is not true , a certain type of loans and their terms was corrected through the justice system but the public is basically still struggling with the money fascists and secret societies. But not for long.".]from Sherrie Questioning All :
This is awesome. It shows when the people DO STAND UP they have more power and win against the corrupt bankers and politicians of a country. Iceland is forgiving and erasing the mortgage debt of the population. They are putting the bankers and politicians on the “Bench of the Accused.” Which means I assume they are putting them on trial for corruption.
Now the rest of people of the world need to start doing the same thing. We all need to stand up and against all the corruption and fraud of the banks and politicians that are puppets of the banks and corporations.
Read More @ sherriequestioningall.blogspot.com

Loyal Americans Targeted by the Southern Poverty Law Center

from JudgeNapolitanoFTW :

This is a 34-minute video exposé of the Southern Poverty Law Center (SPLC) by Bill Jasper, Senior Editor of The New American news magazine.

RON PAUL, a CONSTITUTIONAL REVOLUTION: A New Era Of Freedom

RED ALERT: Buffet Rule Is Criminal Scam!

from TheAlexJonesChannel :

Alex Jones breaks down how billionaires like Warren Buffett are the biggest beneficiaries from the “rule” they are now forcing through Congress. The net effect? Shutting the down middle class and eliminating competition for the big boys.
The same criminal mega banks that pulled off the banker bailout heist are set to run an even bigger scam. Billionaire scammer Warren Buffett was the biggest beneficiary of taxpayer money stolen in the bailout now he wants more. Please get this report out to everyone via Facebook, twitter, and every other media system. Together we can expose this fraud for what it is a mafia driven crony capitalism takeover! And it’s all hidden in front of our faces.

88 Million (That’s One In Three Americans) Are Invisible to Government Employment Statistics

by Mac Slavo, SHTFPlan:

With recovery in full swing and unemployment dropping to an Obama administration near record low of 8.2%, the US economy seems to be bouncing back stronger than ever. Unless, of course, you look at the numbers no one in mainstream media, the Bureau of Labor and Statistics, or the administration is talking about. As many of our readers already know, the official unemployment rates released monthly by the BLS (U-3, U-6) fail to account for one very key figure – those individuals who are no longer in the labor force.
The number of those folks – the ones that don’t matter anymore because counting them would hinder the President’s reelection bid – is absolutely staggering for what is supposed to be the engine of the global economy and the world’s only super power:
Read More @ SHTFPlan.com