from KingWorldNews:
Today 50-year veteran Art Cashin shocked King World News when he issued the following warning concerning hyperinflation: “I think you are certainly at a ‘flashing yellow alert.’ You have in place a variety of things that could begin to react somewhat domino-like.”
Cashin, who is Director of Floor Operations for UBS ($612 billion under management), also warned, “There are some potentially eerie parallels (today vs the Weimar Germany era).” He also cautioned, “There is a kind of delayed effect (from all of the money printing), and you want to watch very carefully.”
Here is what Cashin had to say: “I can’t believe things are that well managed. There’s a Three Mile Island lurking everywhere, just when you think you have all of this stuff nailed down. I wrote about the Weimar Republic a little earlier this week and one of the notes I pointed out was that even when they were printing money, literally printing, the inflationary spiral didn’t happen instantly.”
Art Cashin Audio Interview @ KingWorldNews.com
Today 50-year veteran Art Cashin shocked King World News when he issued the following warning concerning hyperinflation: “I think you are certainly at a ‘flashing yellow alert.’ You have in place a variety of things that could begin to react somewhat domino-like.”
Cashin, who is Director of Floor Operations for UBS ($612 billion under management), also warned, “There are some potentially eerie parallels (today vs the Weimar Germany era).” He also cautioned, “There is a kind of delayed effect (from all of the money printing), and you want to watch very carefully.”
Here is what Cashin had to say: “I can’t believe things are that well managed. There’s a Three Mile Island lurking everywhere, just when you think you have all of this stuff nailed down. I wrote about the Weimar Republic a little earlier this week and one of the notes I pointed out was that even when they were printing money, literally printing, the inflationary spiral didn’t happen instantly.”
Art Cashin Audio Interview @ KingWorldNews.com
China Central Bank Refuses To Join Global Print Fest, Warns About Inflation Risks
While
the entire 'developed' world is now openly engaged in destroying the
balance sheet of its assorted central banks - the sole means to devalue
local currencies, a liability, by accepting ever more toxic 'assets'
as currency collateral - thereby pursuing strategies which
until now were strictly relegated to the banana republic playbook,
there are some countries who see what is coming over the horizon, and
refuse to join the printing frenzy. One such place is China, for whom,
as we have repeatedly shown the threat of a fast onset of inflation is
far greater (3x more bank deposits as a % of GDP than in the US,
means a soaring capital market as a result of inflation will benefit
far less while a deposit exodus will cause hyperinflationary havoc in
minutes) than any other developed world country. And with the inability
to hide "non-core" CPI as a result of food and energy being such a greater portion of overall
inflationary bean counting than in the US, it means that despite the
demands of Tim Geithner for immediate more easing by China, the PBOC is now stuck waiting to import everyone else's inflation:
this includes the Fed, ECB, BOE, BOJ, Korea, Australia and all other
bank engaged in adding liquidity, while its own hands are quite tied.
Because recall that it was only last year that the NYT said that: "Inflation in China Poses Big Threat to Global Trade."
Now we are told that lack of inflation poses the same threat, when in
reality what they mean is that with the world tapped out, one more
source of marginal liquidity is needed. Judging by overnight comments from the PBOC's head Zhou Xiaochuan that
liquidity, suddenly so very needed to keep the game of musical chairs
going, is not going to come from China just as we have warned for months
on end.Is Gold A Giffen Good?
Imagine if in 2007, Ben Bernanke, Mervyn King, Jean Claude Trichet et al, had actually possessed the analytical foresight to see what was coming, organised a meeting with the world's media and explained how, using their collective wisdom, they would solve the problem.How would most people have reacted then? We think they would have laughed out loud. Why are so many of us reacting differently now? The nature of markets is that they periodically forget the lessons of history. Confidence in the status quo seems as entrenched now as it was in 2007 but Gold appears to be exhibiting 'Giffen-like' behavior where, instead of falling, demand is rising as prices rise."There's going to be a massive global crisis, but there's no need to worry. We're just going to print money."
"Is that it?"
from KingWorldNews:
Today Bill Fleckenstein told King World News, “I think that we are in a new era, a new regime, in terms of how reckless these central banks are willing to be.” Fleckenstein, who is President of Fleckenstein Capital, also stated, “So we have these out of control central banks, and I think it shocked people that Bernanke was willing to go as far as he was.”
Fleckenstein also discussed gold, but first, here is what he had to say about reckless central banks: “It should be obvious you can’t run a printing press to finance government debts, and it is obvious, but yet they are getting away with it. It is not clear as to when this will end or what will be the catalyst to make it end?”
Bill Fleckenstein continues @ KingWorldNews.com
After trading within a hair of $1800 an ounce last week, gold prices have met with some resistance and have pulled back slightly. As the yellow metal struggled to break through this key level of resistance, it notched up new record highs in euros and Swiss Francs. And, in South Africa as the gold price has risen, the Rand fell by around 10% in a month due to the on-going strikes at the various gold and platinum mines as well as general unrest throughout the country. This pushed the prices of Krugerrands on the domestic market to above R16, 000 each for the first time ever.
Although it is evident that we are still in a major bull market in gold, which is unlikely to peak for a long time to come, and despite the fact that South Africa has a long history with gold, having been a major producer for decades, thanks to the local radio and TV business channels, so much misinformation has been propagated about gold, it is unbelievable. During the run up in prices from $700 an ounce to $1900 almost all of the so called experts who appeared on CNBC continually denigrated gold as an investment as they were totally incapable of distinguishing between gold bullion and gold mining shares.
Read More @ SilverBearCafe.com
Today Bill Fleckenstein told King World News, “I think that we are in a new era, a new regime, in terms of how reckless these central banks are willing to be.” Fleckenstein, who is President of Fleckenstein Capital, also stated, “So we have these out of control central banks, and I think it shocked people that Bernanke was willing to go as far as he was.”
Fleckenstein also discussed gold, but first, here is what he had to say about reckless central banks: “It should be obvious you can’t run a printing press to finance government debts, and it is obvious, but yet they are getting away with it. It is not clear as to when this will end or what will be the catalyst to make it end?”
Bill Fleckenstein continues @ KingWorldNews.com
Physical gold and silver needed to weather the coming financial tsunami
by David Levenstein, SilverBearCafe.com:
After trading within a hair of $1800 an ounce last week, gold prices have met with some resistance and have pulled back slightly. As the yellow metal struggled to break through this key level of resistance, it notched up new record highs in euros and Swiss Francs. And, in South Africa as the gold price has risen, the Rand fell by around 10% in a month due to the on-going strikes at the various gold and platinum mines as well as general unrest throughout the country. This pushed the prices of Krugerrands on the domestic market to above R16, 000 each for the first time ever.
Although it is evident that we are still in a major bull market in gold, which is unlikely to peak for a long time to come, and despite the fact that South Africa has a long history with gold, having been a major producer for decades, thanks to the local radio and TV business channels, so much misinformation has been propagated about gold, it is unbelievable. During the run up in prices from $700 an ounce to $1900 almost all of the so called experts who appeared on CNBC continually denigrated gold as an investment as they were totally incapable of distinguishing between gold bullion and gold mining shares.
Read More @ SilverBearCafe.com
After Starting Riots In Greece, Merkel Booed In Germany Next
What does an iron chancellor have to do to be loved these days? After scrambling 7,000 members of the Greek police force out of an early prepaid retirement for her brief, still inexplicable 6 hour visit to Athens last Tuesday, which caused the now usual Syntagma square rioting, Merkel next took the stage in a rainy Stuttgart, in a show of support for the local mayor candidate Sebastian Turner, which promptly devolved into 14 minutes of continuous booing.
Don’t Vote For Evil
by Dr. Paul Craig Roberts, PaulCraigRoberts.org:
Back during the George W. Bush neocon regime, President Hugo Chavez of
Venezuela in his UN speech summed up George W. Bush for the world. I am
quoting Chavez from memory, not verbatim. “Yesterday standing at this
same podium was Satan himself, speaking as if he owned the world. You
can still smell the sulfur.”Chavez is one of the American right-wing’s favorite bogyman, because Chavez helps the people instead of bleeding them for the rich, which is Washington’s way. While Washington has driven all but the one percent into the ground, Chavez cut poverty in half, doubled university enrollment, and provided health care and old age pensions to millions of Venezuelans for the first time.
Little wonder he was elected to a third term as president despite the many millions of dollars Washington poured into the election campaign of Chavez’s opponent.
While Washington and the EU preach neoliberalism–the supremacy of capital over labor–South American politicians who reject Washington’s way are being elected and reelected in Venezuela, Ecuador, Brazil, Argentina, Uruguay, and Bolivia.
Read More @ PaulCraigRoberts.org
Gold Managed But Not Controlled
Eric De Groot at Eric De Groot - 3 hours ago
I hinted back in September that fishing hook were coming. Gold and silver
must be accumulated when the fish start nibbling at the hooks (chart 1).
Chart 1: Silver London P.M Fixed and the Silver Diffusion Index (DI) The
first and completely predictable dip in the A-wave rally has a growing
number of fool's gold experts and community members convinced another...
[[ This is a content summary only. Visit my website for full links, other
content, and more! ]]
Comex data/massive silver movements into and out of comex vaults/
Harvey Organ at Harvey Organ's - The Daily Gold and Silver Report - 9 hours ago
Good
evening Ladies and Gentlemen:
Gold closed down $10.80 to $1758.00 Silver fell by 43 cents to $33.63
The bankers upon seeing the oI on silver Thursday night, made the
decision that a raid must be initiated. They had to remove many of the
silver OI's who continue to pile into the metal. If you look closely
(below) at the silver movements, you will see massive inflows and
outflows of silver.“This could be a cyber Pearl Harbor” – Leon Panetta
from MOXNEWSd0tC0M:
by Zen Gardner, ZenGardner.com
There’s no looking for crowd validation. There’s no waiting for outside redemption. There’s no collective bargaining to rely on.
The awakening is you. Only you.
That’s what all this ruckus is about. The battle for your spirit and soul. And that’s the boat each of us is in. There is nothing more important in this life for you, or me, than waking up. Once that’s straightened out the rest will follow.
How we perceive the world around us creates and reinforces the world around us. Once we become conscious and aware that this existing matrix we’re witnessing is an arbitrary creation manipulated by power-crazed puppeteers, however you perceive them, that is when the change happens.
And the Universe will tell you what to do from there. That’s what to respond to. Nothing else. That’s your job. That’s my job. Don’t shirk it when it happens.
Read More @ ZenGardner.com
by Zen Gardner, ZenGardner.com
There’s no looking for crowd validation. There’s no waiting for outside redemption. There’s no collective bargaining to rely on.
The awakening is you. Only you.
That’s what all this ruckus is about. The battle for your spirit and soul. And that’s the boat each of us is in. There is nothing more important in this life for you, or me, than waking up. Once that’s straightened out the rest will follow.
How we perceive the world around us creates and reinforces the world around us. Once we become conscious and aware that this existing matrix we’re witnessing is an arbitrary creation manipulated by power-crazed puppeteers, however you perceive them, that is when the change happens.
And the Universe will tell you what to do from there. That’s what to respond to. Nothing else. That’s your job. That’s my job. Don’t shirk it when it happens.
Read More @ ZenGardner.com
by Zen Gardner, ZenGardner.com
BTFD...
from, via Wealth Wire:
Gold edged up $4.60 or 0.26% in New York yesterday which saw gold close
at $1,767.50. Silver climbed to a high of $34.33 and then fell off and
finished with a marginal loss of 0.12%.
Gold has seen volatile and choppy trading overnight in Asia and in Europe this morning with the price being capped at $1,772/oz and in a tight range between $1,767 and $1,772/oz.
Gold remains robust in euro terms at €1,364.50/oz and remains less than only 1% away from new record highs in the single currency (see chart).
India and China are embarking on their peak consumption season which may create a boost to the physical market.
Read More @ WealthWire.com
Gold edged up $4.60 or 0.26% in New York yesterday which saw gold close
at $1,767.50. Silver climbed to a high of $34.33 and then fell off and
finished with a marginal loss of 0.12%.Gold has seen volatile and choppy trading overnight in Asia and in Europe this morning with the price being capped at $1,772/oz and in a tight range between $1,767 and $1,772/oz.
Gold remains robust in euro terms at €1,364.50/oz and remains less than only 1% away from new record highs in the single currency (see chart).
India and China are embarking on their peak consumption season which may create a boost to the physical market.
Read More @ WealthWire.com
by Terry Coxon, Casey Research:
Absent the state’s involvement in the workings of the marketplace, an
investor’s central task would be to evaluate companies for their ability
to efficiently produce and market what customers want. Shrewdness at
that one task would lead to the profits investors are looking for. And
there would be other consequences.
The stocks of companies that succeeded in convincing investors that they had the right stuff (primarily through good performance) would be bid up. Stocks of companies that failed to make their case to investors would tend to drift down, and any company whose stock drifted low enough would become a takeover target. A takeover would replace underperforming management with a new team of officers and directors – individuals picked by the people who laid out their own money to buy enough shares to control the company.
That’s how things work when the government isn’t a player in the process. It’s a marvel of efficiency and impartiality. Managers who serve investors by serving customers are rewarded. Investors who identify such managers are rewarded. Unskilled managers eventually lose the corporate positions that enable them to make wasteful, money-losing decisions. And investors who are blind to management weakness or who forgive it too willingly lose their own money.
Read More @ CaseyResearch.com
Wynter Benton, the group who claim to be former JPM commodities traders with a grudge against Blythe Masters, and who recently
stated that MF Global was pulled to prevent the group from standing for
delivery in silver and that silver will trade above $50 by the end of
2012 has posted another statement.
The group claims that beginning Tuesday 10/16, the group will demonstrate their ability to move the price of silver by updating their moves in REAL TIME, and advise silver investors to hold onto their seats!
Read More @ Silver Doctors
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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Absent the state’s involvement in the workings of the marketplace, an
investor’s central task would be to evaluate companies for their ability
to efficiently produce and market what customers want. Shrewdness at
that one task would lead to the profits investors are looking for. And
there would be other consequences.The stocks of companies that succeeded in convincing investors that they had the right stuff (primarily through good performance) would be bid up. Stocks of companies that failed to make their case to investors would tend to drift down, and any company whose stock drifted low enough would become a takeover target. A takeover would replace underperforming management with a new team of officers and directors – individuals picked by the people who laid out their own money to buy enough shares to control the company.
That’s how things work when the government isn’t a player in the process. It’s a marvel of efficiency and impartiality. Managers who serve investors by serving customers are rewarded. Investors who identify such managers are rewarded. Unskilled managers eventually lose the corporate positions that enable them to make wasteful, money-losing decisions. And investors who are blind to management weakness or who forgive it too willingly lose their own money.
Read More @ CaseyResearch.com
from Testosterone Pit.com:
Maybe the Norwegian Nobel Committee ran out of good candidates for this
year’s Novel Peace Prize and didn’t want to transfer the money to the
Main Fund, as they’d done in the past. So they handed it to the European
Union, which triggered an avalanche of snickering and mocking. It
wasn’t exactly an obvious choice. Its government is engaged in a
phenomenal power grab, and its sub-group, the Eurozone, is mired in an
extraordinarily screwed-up debt crisis that has led to bloody protests
in the streets.
The committee has raised eyebrows before. In 1973 it awarded the Peace Prize jointly to Secretary of State Henry Kissinger and the North Vietnamese general Le Duc Tho for negotiating over a four-year period the Paris Peace Accord, signed in January 1973. Everybody knows how that story ended. People were also incredulous when Yasser Arafat was awarded the Peace Prize in 1994. Today, after all these years of tensions and bloodshed, the situation between Israel and the Palestinians is still not resolved. And then, in 2009, it was President Obama who was awarded the prize “for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples,” though he’d been in office for less than a year. It was based, perhaps, on his speeches. Since then, his peace credentials have caught some flak.
Read More @ TestosteronePit.com
Maybe the Norwegian Nobel Committee ran out of good candidates for this
year’s Novel Peace Prize and didn’t want to transfer the money to the
Main Fund, as they’d done in the past. So they handed it to the European
Union, which triggered an avalanche of snickering and mocking. It
wasn’t exactly an obvious choice. Its government is engaged in a
phenomenal power grab, and its sub-group, the Eurozone, is mired in an
extraordinarily screwed-up debt crisis that has led to bloody protests
in the streets.The committee has raised eyebrows before. In 1973 it awarded the Peace Prize jointly to Secretary of State Henry Kissinger and the North Vietnamese general Le Duc Tho for negotiating over a four-year period the Paris Peace Accord, signed in January 1973. Everybody knows how that story ended. People were also incredulous when Yasser Arafat was awarded the Peace Prize in 1994. Today, after all these years of tensions and bloodshed, the situation between Israel and the Palestinians is still not resolved. And then, in 2009, it was President Obama who was awarded the prize “for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples,” though he’d been in office for less than a year. It was based, perhaps, on his speeches. Since then, his peace credentials have caught some flak.
Read More @ TestosteronePit.com
from Zero Hedge:
The state of Americans’ retirement accounts is dismal
is how ConvergEx’s Nick Colas begins his critically important-to-read
note on the reality that millions face. According to an early 2012 study
by the Employee Benefit Research Institute, Colas notes only 58% of us are currently saving money for retirement – and 60% of those that are have less than $25,000.
Thirty percent have less than $1,000. Needless to say, it’s a far cry
from the 8x-10x final earnings suggested by most retirement planners. So
why are we so far behind? Americans aren’t exactly known for impressive
savings habits, but that alone does not explain our poor preparation
for retirement. Rather, a general lack of financial literacy, including
basic understandings of savings growth and retirement income needs,
superseding financial obligations, and basic behavioral finance biases
keep us from putting cash away. But if we keep up at this pace,
you can expect the ongoing political debate about Social Security to
take on new and more strident tones.
Read More @ Zero Hedge.com
The state of Americans’ retirement accounts is dismal
is how ConvergEx’s Nick Colas begins his critically important-to-read
note on the reality that millions face. According to an early 2012 study
by the Employee Benefit Research Institute, Colas notes only 58% of us are currently saving money for retirement – and 60% of those that are have less than $25,000.
Thirty percent have less than $1,000. Needless to say, it’s a far cry
from the 8x-10x final earnings suggested by most retirement planners. So
why are we so far behind? Americans aren’t exactly known for impressive
savings habits, but that alone does not explain our poor preparation
for retirement. Rather, a general lack of financial literacy, including
basic understandings of savings growth and retirement income needs,
superseding financial obligations, and basic behavioral finance biases
keep us from putting cash away. But if we keep up at this pace,
you can expect the ongoing political debate about Social Security to
take on new and more strident tones. Read More @ Zero Hedge.com
from Azizonomics:
So the European Union won the Nobel Peace prize for “having over six
decades contributed to the advancement of peace and reconciliation,
democracy and human rights in Europe.”
Is this a joke? Nigel Farage thinks so, exclaiming that ”this goes to show that the Norwegians really do have a sense of humour.”
The Telegraph reports:
So the European Union won the Nobel Peace prize for “having over six
decades contributed to the advancement of peace and reconciliation,
democracy and human rights in Europe.”Is this a joke? Nigel Farage thinks so, exclaiming that ”this goes to show that the Norwegians really do have a sense of humour.”
The Telegraph reports:
The award of the
prestigious prize sparked a mixed response in Greece, where living
standards have crashed as the economy has contracted 20 per cent in the
last three years, despite bailouts totalling 240 billion euros (£200
billion).
Read More @ Azizonomics.com
by Mike Adams, Natural News:
A new video has surfaced from the Organic Spies group, and that video is being released exclusively on the Natural News video site TV.naturalnews.com. The hidden camera video shows a multitude of Whole Foods employees repeating misinformation to customers who ask whether the store sells GMOs. They appear to have rehearsed these false answers through some sort of company training.
This new video (see link below) is the second hidden camera video from Organic Spies, an anonymous group of “real food revolutionaries” who appear to be solidly organized, with spies apparently placed in cities across the country. They have successfully infiltrated multiple Whole Foods stores with covert cameras, posing as customers asking common questions about GMOs.
This new video, filmed after the video Organic Spies video was released, shows yet more Whole Foods employees repeating lies and disinformation to Whole Foods customers about GMO.
Read More @ NaturalNews.com
“I never thought it would happen here.”
Crisis after crisis and disaster after disaster, how many times have we
all heard that sentence uttered from an unprepared persons mouth? Yet,
even after these disasters, a majority of the effected people still fail
to take precautions for future events.
We live in an age where people would rather outsource their safety to some government agency instead of taking the time to learn about preparedness. They live under the false assumption that should something ever go wrong, the government will be there to help them pick up the pieces.
THEY WON’T
Let’s face it, even during small scale disasters, our government becomes quickly overwhelmed.
Read More @ OffGridSurvival.com
from Silver Doctors: A new video has surfaced from the Organic Spies group, and that video is being released exclusively on the Natural News video site TV.naturalnews.com. The hidden camera video shows a multitude of Whole Foods employees repeating misinformation to customers who ask whether the store sells GMOs. They appear to have rehearsed these false answers through some sort of company training.
This new video (see link below) is the second hidden camera video from Organic Spies, an anonymous group of “real food revolutionaries” who appear to be solidly organized, with spies apparently placed in cities across the country. They have successfully infiltrated multiple Whole Foods stores with covert cameras, posing as customers asking common questions about GMOs.
This new video, filmed after the video Organic Spies video was released, shows yet more Whole Foods employees repeating lies and disinformation to Whole Foods customers about GMO.
Read More @ NaturalNews.com
from Off Grid Survival:
We live in an age where people would rather outsource their safety to some government agency instead of taking the time to learn about preparedness. They live under the false assumption that should something ever go wrong, the government will be there to help them pick up the pieces.
THEY WON’T
Let’s face it, even during small scale disasters, our government becomes quickly overwhelmed.
Read More @ OffGridSurvival.com
by Diane Piret, Coin World:
You might be aware that certain federal regulations apply to
transactions involving cash. (Cash includes not only “green” cash, but
also certain bearer instruments such as money orders and cashier’s
checks.) As a normal part of their business, rare coin and precious
metals dealers are required to know about mandatory record keeping and
filing certain forms. As we all know, the coin and precious metals
community is legitimately a cash-oriented business, and the Internal
Revenue Service knows this as well.
What you may not know is that these laws apply to dealers and their collector clients. Sometimes collectors may read something about cash reporting and filing of forms in a financial newsletter, for example. But unfortunately, those articles usually only cover part of the story. They rarely mention how the law may apply to the client.
Very recently several dealers who thought they were on top of things were tripped up by something as simple as filling out bank deposit slips that included cash. Put simply, it is illegal (and a felony) to “structure” your cash transactions specifically to avoid reporting. So when some dealers followed the advice of their local bank tellers who suggested, “If you keep your cash deposits under $10,000, then I won’t have to do this paperwork,” the dealers were subsequently visited by IRS agents who had already seized a very significant amount of money from these dealers’ bank accounts.
Read More @ coinworld.com
What you may not know is that these laws apply to dealers and their collector clients. Sometimes collectors may read something about cash reporting and filing of forms in a financial newsletter, for example. But unfortunately, those articles usually only cover part of the story. They rarely mention how the law may apply to the client.
Very recently several dealers who thought they were on top of things were tripped up by something as simple as filling out bank deposit slips that included cash. Put simply, it is illegal (and a felony) to “structure” your cash transactions specifically to avoid reporting. So when some dealers followed the advice of their local bank tellers who suggested, “If you keep your cash deposits under $10,000, then I won’t have to do this paperwork,” the dealers were subsequently visited by IRS agents who had already seized a very significant amount of money from these dealers’ bank accounts.
Read More @ coinworld.com
Wynter Benton, the group who claim to be former JPM commodities traders with a grudge against Blythe Masters, and who recently
stated that MF Global was pulled to prevent the group from standing for
delivery in silver and that silver will trade above $50 by the end of
2012 has posted another statement.The group claims that beginning Tuesday 10/16, the group will demonstrate their ability to move the price of silver by updating their moves in REAL TIME, and advise silver investors to hold onto their seats!
October 16 to October 23, 2012
By wynter_benton . Oct 10, 2012 10:58 AM
The Leader wishes to inform our
followers that the group will be demonstrating our ability to move the
price of silver between October 16 to October 23, 2012.
We will be updating our moves in real time during this period. Hold
on to you seats because what you are about to see will dwarf what we did
in February 2011.Read More @ Silver Doctors
We
the people are the rightful masters of both Congress and the courts,
not to overthrow the Constitution but to overthrow the men who pervert
the Constitution. – Abraham Lincoln
by Michael Krieger, Liberty Blitzkreig:
With the U.S. Presidential election less than one month away, I think
it’s a good time to take stock on what has occurred in 2012 so far and
look forward to the period ahead, which I think will be one of
increasing social and economic chaos in the United States. Earlier this
year I wrote a piece titled Six Months Left…Can They Do It?
in which I questioned whether the Administration and its cronies at the
Federal Reserve and elsewhere would be able to hold things together in
a relative calm until November 6th. I wasn’t sure of their
ability to do so, but I understood that everything would be thrown
toward this objective, legal and illegal, to make it happen. Well here
we are, and to some degree they have held the undeniable disaster that
is very apparent underneath the superficial surface of American society
from exploding upwards. Back in May I wrote:
Read More @ LibertyBlitzkreig.com
Today’s Items:by Michael Krieger, Liberty Blitzkreig:
With the U.S. Presidential election less than one month away, I think
it’s a good time to take stock on what has occurred in 2012 so far and
look forward to the period ahead, which I think will be one of
increasing social and economic chaos in the United States. Earlier this
year I wrote a piece titled Six Months Left…Can They Do It?
in which I questioned whether the Administration and its cronies at the
Federal Reserve and elsewhere would be able to hold things together in
a relative calm until November 6th. I wasn’t sure of their
ability to do so, but I understood that everything would be thrown
toward this objective, legal and illegal, to make it happen. Well here
we are, and to some degree they have held the undeniable disaster that
is very apparent underneath the superficial surface of American society
from exploding upwards. Back in May I wrote:Read More @ LibertyBlitzkreig.com
The Nobel Prize community, in setting into
a pattern of awarding incompetence, announced that the European Union
has won the 2012 Nobel Peace Prize. Let’s see… Obama won in 2009 based solely on what he said he would do. Gore won for his inconvenient lie. Arafat won in 1994 for not killing anymore. Guess next year, Al Qaida or George Soros will be the winner.
Leon Panetta is very likely readying the
public for a false flag err… “cyber-Pearl Harbor” that will most likely
be initiated by NSA err… CIA err… Iranian computer hackers.
He said, that they could dismantle the nation’s power grid,
transportation system, financial networks and government. Of course,
because the Senate killed the government takeover of the internet, via the Cyber Security Act of 2012, Obama stands ready to take over the internet, by executive order, when so-called Iranian hackers take down the system.
The Producer Price Index for finished
goods rose 1.1% in September. Prices for finished goods advanced 1.7
percent in August. On an unadjusted basis, prices for finished goods
climbed 2.1% for the 12 months ending September 2012. Interesting how
successful the Fed is in achieving one of its mandates when they do not
include food and energy costs.
If US taxpayer sponsored solar companies
cannot turn an honest profit, the US government’s will address cheaper
Chinese solar panels by tax, tax, tax. The United States also has
slapped preliminary duties on wind turbine towers as well, thus, the US
government gets a lot of green from green energy while Americans get red
from the high prices.
A Mexican diplomat, in leaked emails from
the private intelligence firm Stratfor, claims that the United States is
partnering with a Mexican Drug Cartel. It appears that the “Fast and
Furious” gun-running scandal was a CIA operation to arm the Sinaloa
cartel as Mexican cartels brought in $50 billion in drugs per year.
Here are possible steps till US Cities burn…
Step 1: Flash mob looting when their food stamp cards do not work or are inadequate.
Step 2: Flash mob riots when step 1 corrective efforts fail.
Step 3: The have-nots turn on the haves and normal police procedures are inadequate.
Step 4: Martial Law and that special love that only FEMA can provide.
Step 5: Katy bar the door.
Step 1: Flash mob looting when their food stamp cards do not work or are inadequate.
Step 2: Flash mob riots when step 1 corrective efforts fail.
Step 3: The have-nots turn on the haves and normal police procedures are inadequate.
Step 4: Martial Law and that special love that only FEMA can provide.
Step 5: Katy bar the door.
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