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Testing 1 2 3
A GLOBAL MARGIN CALL
Author : Bill Holter
Published: January 8th, 2015
http://blog.milesfranklin.com/a-global-margin-call
Oil Derivatives Explode in Early 2015-Rob Kirby
http://usawatchdog.com/oil-derivatives-explode-in-early-2015-rob-kirby/
Correction Time—-The Oil Plunge Is The Real Deal
by Raúl Ilargi Meijer • January 5, 2015
http://davidstockmanscontracorner.com/correction-time-the-oil-plunge-is-the-real-deal/
Well! WTI below $50 and Brent below $53 when I start writing this. Who knows where they’ll be by the time I’m finished?! The euro down below $1.20, US stocks flirting with -2%, major European ones off -3%, Italy and Greece over -5%. Welcome to the real world, baby! Didn’t think you’d see it again so soon, did you? Welcome to the world where the Kool-Aid recovery does not reign supreme.
Not that you’re not going to hear that anymore, and 24/7 incessantly so, but there’s no recovery with these oil prices, no matter what anybody says. The damage must be gargantuan by now. Everybody’s invested in oil. Sure, lots of shorts and stuff by now, but that’s not going to do much good. Not for pensions funds, or for governments. This thing will not blow up or over softly.
There’s not an oil major or minor or a producing country left that makes a profit at these prices, and there’s no sign anywhere to be seen that the drop will stop. If this keeps going, someday soon somebody’s going to go to war. Maybe domestically, maybe across a border, but it’ll happen.
There are dozens of regimes out there for whom oil prices have become a huge threat to their powers, their status, their lives, and there are dozens of others waiting in the wings, eager to take over. The move is just too big not to lead to bloodshed.
The eurozone is perceived as a major threat to the global economy, but not necessarily for the right reasons. Sure, that looming Grexit is not good for Brussels, but Germany and its courts might be a bigger issue. Mario Draghi will need to announce something along the lines of a QE-like measure on January 22, but can he even without risking to blow up the whole casino?
What’s more, with oil and the euro where they are, and especially where’s they’re headed, what good would any new Draghi policy do, however big it is? Europe today, like the rest of the world, has bigger problems to deal with than yesterday’s inflation rates.
Oil below $50 and falling is bigger than any other political or economic issue. Remember when they all said low oil prices would boost the economy through higher consumer spending? Heard anything much about that lately?
For western countries like Norway, Britain, Holland, oil and gas producers, the loss in – tax – revenue is debilitating. For US states like North Dakota, Texas, Alaska, it’s worse. These are not the kind of entities that can turn on a dime, they write long term budgets, the same way oil companies do. There’s a time lag in consequences, but that doesn’t mean it’s unwise to be ready to get out of Dodge.
Thing is, prices DO turn on a dime. And now they’re stuck with a zillion broken promises to investors and voters. And while the executives and politicians will at worst get thrown out, the other side of the equation is going to be stuck with the tab. And in order to save their skins, the ‘leaders’ will raise that tab wherever they see fit.
This oil thing is the real deal. There’s no Plunge Protection for that. And for all we know nobody that counts wants any. For all we know the American behind the curtain wizard convention plans to use it to destabilize a whole list of additional countries. And for all we know Russia – and perhaps China- have seen that coming from miles away.
If and when an oil producing (!) nation like Turkmenistan devalues its currency by 19% against the dollar, something’s really amiss, and tectonic plates are shifting in a part of the world where balances were already, and always, delicate. And once plates start shifting, who’s to tell where they will end up?
It’s no longer about which factors bring down oil prices, that’s old news; it’s about what oil prices bring down. You know, the next – logical -step. And they bring down more than anybody seems to be aware of. Good luck with saving a dollar a day on your gasoline bill. The world’s power brokers feel they have it all under control – they don’t, nobody has the means to control the entire world – , and they have no qualms about sacrificing you to get what they want.
The oil price drop is a much bigger event than the US subprime housing crisis, it’s bigger than everything put together that happened in 2008. And this time, central banks are lame sitting ducks. Omnipotence is a harsh mistress. She tends to backfire.
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This is a syndicated repost courtesy of The Automatic Earth. To view original, click here.
Global systemic crisis 2015 – Oil, currencies, finance, societies, the Middle East : Massive storm in the Western port!
http://geab.eu/en/global-systemic-crisis-2015-oil-currencies-finance-societies-the-middle-east/
Coming Emerging Market Debt Meltdown
Latest from Martin Armstrong...
http://armstrongeconomics.com/2014/12/20/coming-emerging-market-debt-meltdown/
Excerpt...
...The collapse in energy also threatens to create massive economic readjustments throughout the Middle East. Additionally, this economic chaos is spreading beyond Russia reaching also Nigeria, Venezuela and other petro-states. Indonesia had to intervene on Wednesday to defend the rupiah. Brazil’s real has fallen to a 10-year low against the dollar, as has the index of emerging market currencies. Sao Paolo’s Bovespa index is down 23% in dollars in three weeks.
This is one of the most thought-provoking macro-economic articles I've read in years. Recommended reading!!
Crashing Oil May Result In “Perestroika?” - Bill Holter
http://blog.milesfranklin.com/crashing-oil-may-result-in-perestroika
excerpt...
"In my opinion, this “U.S. plan” to bankrupt Russia was “PLANNED” (by the East) to boomerang back on the U.S. Yes it has already destroyed our shale industry but more importantly, what is it doing behind the scenes to banks and brokers who are sitting on trillions of $ worth of energy derivatives?"
Thanks otc. Hope you and everyone around these parts is doing well.
This oil price collapse is interesting to say the least. Lot's of blood in the streets currently and the threat of contagion is a possibility in much the same way the market's were roiled big time in late 2008-early 2009 with all the derivatives and such blowing -up back then. I guess we'll just have to see how this all plays out.
Happy Holidays everyone!
Will Falling Oil Prices Crash the Markets?
by MIKE WHITNEY
http://www.counterpunch.org/2014/12/12/will-falling-oil-prices-crash-the-markets/#.VI5Lr_fBdJY.twitter
Crude oil prices dipped lower on Wednesday pushing down yields on US Treasuries and sending stocks down sharply. The 30-year UST slipped to a Depression era 2.83 percent while all three major US indices plunged into the red. The Dow Jones Industrial Average (DJIA) led the retreat losing a hefty 268 points before the session ended. The proximate cause of Wednesday’s bloodbath was news that OPEC had reduced its estimate of how much oil it would need to produce in 2015 to meet weakening global demand. According to USA Today:
“OPEC lowered its projection for 2015 production to 28.9 million barrels a day, or about 300,000 fewer than previously forecast, and a 12-year low…. That’s about 1.15 million barrels a day less than the cartel pumped last month, when OPEC left unchanged its 30 million barrel daily production quota…
The steep decline in crude price raises fears that small exploration and production companies could go out of business if the prices fall too low. And that, in turn, could cause turmoil among those who are lending to them: Junk-bond purchasers and smaller banks.” (USA Today)
Lower oil prices do not necessarily boost consumption or strengthen growth. Quite the contrary. Weaker demand is a sign that deflationary pressures are building and stagnation is becoming more entrenched. Also, the 42 percent price-drop in benchmark U.S. crude since its peak in June, is pushing highly-leveraged energy companies closer to the brink. If these companies cannot roll over their debts, (due to the lower prices) then many will default which will negatively impact the broader market. Here’s a brief summary from analyst Wolf Richter:
“The price of oil has plunged …and junk bonds in the US energy sector are getting hammered, after a phenomenal boom that peaked this year. Energy companies sold $50 billion in junk bonds through October, 14% of all junk bonds issued! But junk-rated energy companies trying to raise new money to service old debt or to fund costly fracking or off-shore drilling operations are suddenly hitting resistance.
And the erstwhile booming leveraged loans, the ugly sisters of junk bonds, are causing the Fed to have conniptions. Even Fed Chair Yellen singled them out because they involve banks and represent risks to the financial system. Regulators are investigating them and are trying to curtail them through “macroprudential” means, such as cracking down on banks, rather than through monetary means, such as raising rates. And what the Fed has been worrying about is already happening in the energy sector: leveraged loans are getting mauled. And it’s just the beginning…
“If oil can stabilize, the scope for contagion is limited,” Edward Marrinan, macro credit strategist at RBS Securities, told Bloomberg. “But if we see a further fall in prices, there will have to be a reaction in the broader market as problems will spill out and more segments of the high-yield space will feel the pain.”…Unless a miracle happens that will goose the price of oil pronto, there will be defaults, and they will reverberate beyond the oil patch.” (Oil and Gas Bloodbath Spreads to Junk Bonds, Leveraged Loans. Defaults Next, Wolf Ricter, Wolf Street)
The Fed’s low rates and QE pushed down yields on corporate debt as investors gorged on junk thinking the Fed “had their back”. That made it easier for fly-by-night energy companies to borrow tons of money at historic low rates even though their business model might have been pretty shaky. Now that oil is cratering, investors are getting skittish which has pushed up rates making it harder for companies to refinance their debtload. That means a number of these companies going to go bust, which will create losses for the investors and pension funds that bought their debt in the form of financially-engineered products. The question is, is there enough of this financially-engineered gunk piled up on bank balance sheets to start the dominoes tumbling through the system like they did in 2008?
That question was partially answered on Wednesday following OPEC’s dismal forecast which roiled stocks and send yields on risk-free US Treasuries into a nosedive. Investors ditched their stocks in a mad dash for the exits thinking that the worst is yet to come. USTs provide a haven for nervous investors looking for a safe place to hunker down while the storm passes.
Economist Jack Rasmus has an excellent piece at Counterpunch which explains why investors are so jittery. Here’s a clip from his article titled “The Economic Consequences of Global Oil Deflation”:
“Oil deflation may lead to widespread bankruptcies and defaults for various non-financial companies, which will in turn precipitate financial instability events in banks tied to those companies. The collapse of financial assets associated with oil could also have a further ‘chain effect’ on other forms of financial assets, thus spreading the financial instability to other credit markets.” (The Economic Consequences of Global Oil Deflation, Jack Rasmus, CounterPunch)
Falling oil prices typically drag other commodities prices down with them. This, in turn, hurts emerging markets that depend heavily on the sale of raw materials. Already these fragile economies are showing signs of stress from rising inflation and capital flight. In a country like Japan, however, one might think the effect would be positive since the lower yen has made imported oil more expensive. But that’s not the case. Falling oil prices increase deflationary pressures forcing the Bank of Japan to implement more extreme measures to reverse the trend and try to stimulate growth. What new and destabilizing policy will Japan’s Central Bank employ in its effort to dig its way out of recession? And the same question can be asked of Europe too, which has already endured three bouts of recession in the last five years. Here’s Rasmus again on oil deflation and global financial instability:
“Oil is not only a physical commodity bought, sold and traded on global markets; it has also become an important financial asset since the USA and the world began liberalized trading of oil commodity futures…
Just as declines in oil spills over to declines of other physical commodities…price deflation can also ‘spill over’ to other financial assets, causing their decline as well, in a ‘chain like’ effect.
That chain like effect is not dissimilar to what happened with the housing crash in 2006-08. At that time the deep contraction in the global housing sector ( a physical asset) not only ‘spilled over’ to other sectors of the real economy, but to mortgage bonds…and derivatives based upon those bonds, also crashed. The effect was to ‘spill over’ to other forms of financial assets that set off a chain reaction of financial asset deflation.
The same ‘financial asset chain effect’ could arise if oil prices continued to decline below USD$60 a barrel. That would represent a nearly 50 percent deflation in oil prices that could potentially set in motion a more generalized global financial instability event, possibly associated with a collapse of the corporate junk bond market in the USA that has fueled much of USA shale production.” (CounterPunch)
This is precisely the scenario we think will unfold in the months ahead. What Rasmus is talking about is “contagion”, the lethal spill-over from one asset class to another due to deteriorating conditions in the financial markets and too much leverage. When debts can no longer be serviced, defaults follow sucking liquidity from the system which leads to a sudden (and excruciating) repricing event. Rasmus believes that a sharp cutback in Shale gas and oil production could ignite a crash in junk bonds that will pave the way for more bank closures. Here’s what he says:
“The shake out in Shale that is coming will not occur smoothly. It will mean widespread business defaults in the sector. And since much of the drilling has been financed with risky high yield corporate ‘junk’ bonds, the shale shake out could translate into a financial crash of the US corporate junk bond market, which is now very over-extended, leading to regional bank busts in turn.” (CP)
The financial markets are a big bubble just waiting to burst. If Shale doesn’t do the trick, then something else will. It’s just a matter of time.
Rasmus also believes that the current oil-glut is politically motivated. Washington’s powerbrokers persuaded the Saudis to flood the market with petroleum to push down prices and crush oil-dependent Moscow. The US wants a weak and divided Russia that will comply with US plans to increase its military bases in Central Asia and allow NATO to be deployed to its western borders. Here’s Rasmus again:
“Saudi Arabia and its neocon friends in the USA are targeting both Iran and Russia with their new policy of driving down the price of oil. The impact of oil deflation is already severely affecting the Russian and Iranian economies. In other words, this policy of promoting global oil price deflation finds favor with significant political interests in the USA, who want to generate a deeper disruption of Russian and Iranian economies for reasons of global political objectives. It will not be the first time that oil is used as a global political weapon, nor the last.” (CP)
Washington’s strategy is seriously risky. There’s a good chance the plan could backfire and send stocks into freefall wiping out trillions in a flash. Then all the Fed’s work would amount to nothing.
Karma’s a bitch.
MIKE WHITNEY lives in Washington state.
He is correct in my opinion.
Jim Willie Bombshell Interview
I have never had any doubt that the U.S. economy was headed for total and catastrophic collapse, the only question was when, exactly, the final trigger event would occur. As I have pointed out in the past, economic implosion is a process. It grows over time, like the ice shelf on a mountain developing into a potential avalanche. It is easy to shrug off the danger because the visible destruction is not immediate; but when the avalanche finally begins, it is far too late for most people to escape…
If you view the progressive financial breakdown in America as some kind of “comedy of errors” or a trial of unlucky coincidences, then there is not much I can do to educate you on the reasons behind the carnage. If, however, you understand that there is a deliberate motivation behind American collapse, then what I have to say here will not fall on biased ears.
The financial crash of 2008, the same crash which has been ongoing for years, is NOT an accident. It is a concerted and engineered crisis meant to position the U.S. for currency disintegration and the institution of a global basket currency controlled by an unaccountable supranational governing body like the International Monetary Fund (IMF). The American populace is being conditioned through economic fear to accept the institutionalization of global financial control and the loss of sovereignty.
Anyone skeptical of this conclusion is welcome to study my numerous past examinations on the issue of globalization; I don’t have the time within this article to re-explain, and frankly, with so much information on dollar destruction available to the public today I’ve grown tired of anyone with a lack of awareness.
If you continue to believe that the Fed actually exists to “help” stabilize our economy or our currency, then you will never find the logic behind what they do. If you understand that the goal of the Fed and the globalists is to dismantle the dollar and the U.S. economic system to make way for something “new”, then certain recent events and policy initiatives do start to make sense.
The year of 2014 has been looming as a serious concern for me since the final quarter of 2013, and you can read about those concerns in my article Expect Devastating Global Economic Changes In 2014.
At the end of 2013 we saw at least three major events that could have sent America spiraling into total collapse. The first was the announcement of possible taper measures by the Fed, which have now begun. The second was the possible invasion of Syria which the Obama Administration is still desperate for despite successful efforts by the liberty movement to deny him public support for war. And the third event was the last debt ceiling debate (or debt ceiling theater depending on how you look at it), which placed the U.S. squarely on the edge of fiscal default.
As we begin 2014, these same threatening issues remain, only at greater levels and with more prominence. New developments reinforce my original position that this year will be remembered by historians as the year in which the final breakdown of the U.S. monetary dynamic culminated. Here are some of those developments explained…
Taper Of QE3
When I first suggested that a Fed taper was not only possible but probable months ago, I was met with a lot of criticism from some in the alternative economic world. You can read my taper articles here and here.
This was understandable. The Fed uses multiple stimulus outlets besides QE in order to manipulate U.S. markets. Artificially lowering interest rates is very much a form of stimulus in itself, for instance.
However, I think a dangerous blindness to threats beyond money printing has developed within our community of analysts and this must be remedied. People need to realize first that the Fed does NOT care about the continued health of our economy, and they may not care about presenting a facade of health for much longer either. Alternative analysts also need to come to grips with the reality that overt money printing is not the only method at the disposal of globalists when destroying the greenback. A debt default is just as likely to cause loss of world reserve status and devaluation, no printing press required. Blame goes to government and political gridlock while the banks slither away in the midst of the chaos.
The taper of QE3 is not a “head fake”, it is very real, but there are many hidden motivations behind such cuts.
Currently, $20 billion has been cut from the $85 billion per month program, and we are already beginning to see what appear to be market effects, including a flight from emerging market currencies from Argentina to Turkey. A couple of years ago investors viewed these markets as among the few places they could make a positive return, or in other words, one of the few places they could successfully gamble. The Fed taper, though, seems to be shifting the flow of capital away from emerging markets.
The mainstream argument is that stimulus was flowing into emerging markets, giving them liquidity support, and the taper is drying up that liquidity. Whether this is actually true is hard to say, given that without a full audit we have no idea how much fiat the Federal Reserve has actually created and how much of it they send out into foreign markets.
I stand more on the position that the Fed taper was begun in preparation for a slowdown in global markets. In fact, I believe central bankers have been well aware that a decline in every sector was coming, and are moving to insulate themselves.
Look at it this way: The taper program distances the bankers from responsibility for any dramatic changes in our financial framework, at least in the eyes of the general public. If a market crisis takes place WHILE stimulus measures are still at full speed, this makes the banks look rather guilty, or at least incompetent. People would begin to question the validity of central bank methods, and they might even question the validity of the central bank’s existence. The Fed is creating space between itself and the economy because they know that a trigger event is coming. They want to ensure that they are not blamed and that stimulus itself is not seen as ineffective.
We all know that the claims of recovery are utter nonsense. One need only look at true unemployment numbers, dismal sales reports from last quarter, and the all time low household savings of the average American to see this. The taper is not in response to an improving economic environment. Rather, the taper is a signal for the next stage of collapse.
The exodus from emerging market currencies and stocks was coming regardless of the Fed taper because of a global slowdown in demand. This slowdown is clearly visible in the Baltic Dry Index, which has lost around 50 percent of its value in the past three weeks.
Stocks are beginning to plummet around the world and all mainstream pundits are pointing fingers at the reduction in stimulus. What is the message? That we “can’t live” without the aid of the central banks. The truth is, the effectiveness of stimulus manipulation has a shelf life, and that shelf life is over for the Federal Reserve. I suspect they will continue cutting QE every month for the next year as stocks decline.
Government Controlled Investment
Last month, just as taper measures were being implemented, the White House launched an investment program called MyRA; a retirement IRA program in which middle class and low wage Americans can invest part of their paycheck in government bonds.
That’s right, if you wanted to know where the money was going to come from to support U.S. debt if the Fed cuts QE, guess what, the money is going to come from YOU.
For a decade or so China was the primary buyer and crutch for U.S. debt spending. After the derivatives crash of 2008, the Federal Reserve became the largest purchaser of Treasury bonds. With the decline of foreign interest in long term U.S. debt, and the taper in full effect, it only makes sense that the government would seek out an alternative source of capital to continue the debt cycle. The MyRA program turns the general American public into a new cash stream, but there’s more going on here than meets the eye…
I find it rather suspicious that a government-controlled retirement program is suddenly introduced just as the Fed has begun to taper, as stocks are beginning to fall, and as questions arise over the U.S. debt ceiling. I have three major concerns:
First, is it possible that like the Fed, the government is also aware that a crash in stocks is coming? And, are they offering the MyRA program as an easy outlet (or trap) for people to pour in what little savings they have as panic over declining equities accelerates?
Second, the program is currently voluntary, but what if the plan is to make it mandatory? Obama has already signed mandatory health insurance “taxation” into law, which is meant to steal a portion of every paycheck. Why not steal an even larger portion from every paycheck in order to support U.S. debt? It’s for the “greater good,” after all.
Third, is this a deliberate strategy to corral the last vestiges of private American wealth into the corner of U.S. bonds, so that this wealth can be confiscated or annihilated? What happens if there is indeed an eventual debt default, as I believe there will be? Will Americans be herded into bonds by a crisis in stocks only to have bonds implode as well? Will they be conned into bond investment out of a “patriotic duty” to save the nation from default? Or, will the government just take their money through legislative wrangling, as was done in Cyprus not long ago?
The Final Swindle
The next debt ceiling debate is coming at the end of this month. If the government decides to kick the can down the road for another quarter, I believe this will be the last time. The most recent actions of the Fed and the government signal preparations for a stock implosion and ultimate debt calamity. Default would have immediate effects in foreign markets, but the appearance of U.S. stability could drag on for a time, giving the globalists ample opportunity to siphon every ounce of financial blood from the public.
It is difficult to say how the next year will play out, but one thing is certain; something very strange and dangerous is afoot. The goal of globalists is to engineer desperation. To create a catastrophe and then force the masses to beg for help. How many hands of “friendship” will be offered in the wake of a U.S. wealth and currency crisis? What offers for “aid” will come from the IMF? How much of our country and how many of our people will be collateralized to secure that aid? And, how many Americans will go along with the swindle because they were not prepared in advance?
-Brandon Smith
personalliberty.com
Sunday, January 19, 2014
The Psychology of Being a “Non-Conspiracy Theorist”
Bernie Suarez
http://www.activistpost.com/2014/01/the-psychology-of-being-non-conspiracy.html
There is a brand of people amongst us. They have no name but they exist. They are everywhere, at work, at home, at school, and in the streets, stores, and shopping malls. It is highly unlikely to not know someone who belongs in this category. It’s the so called non-conspiracy theorists. You know, the guy who tries to terminate conversations by alleging that you are nothing more than a “conspiracy theorist” and the information you share is false or not believable. Yes, that guy. Let’s meet face to face with your typical non-conspiracy theorist. We all know them, they often are the ones who hold the “conspiracy” verbal accusation as a valid logically defined argument in and of itself. The logic works like this:
Conspiracy theorist says: “You are claiming that fire alone can cause a building to self-implode, descend at freefall speed into its own footprint? That’s physically impossible, what about Newton’s Laws and laws of thermal dynamics and such? “
Non-conspiracy theorist says: “No, you are wrong because you are a conspiracy theorist.”
And with that, often the non-conspiracy theorist will walk away. What’s happening? They had nothing to elaborate on, so the non-conspiracy theorist - whose thinking is engineered and controlled by government, mainstream media and Hollywood entertainment - resorted to a socially engineered answer. For this reason it is fascinating to explore the mindset and psychology of the individuals who take this position in place of a logical stance.
Core defect and twisted meanings
By definition, conspiracy means a group of two or more people secretly plotting (or conspiring) a harmful (or evil) deed against another person(s). This behavior is part of human nature. Humans have been conspiring against each other since the beginning of time. There was a never a time in world history when such an elementary behavior (of conspiring against an enemy) did not exist. Can you find a period in history when a certain human emotional trait or action didn’t exist? Was there a time when the human genome didn’t express jealousy, game playing, free trading, rage, or happiness? As odd or ridiculous as this may sound, non-conspiracists unknowingly subscribe to this logic. If evidence points to a conspired crime, why not treat it as such? Why demonize the very concept of conspiring? This is a core defect in the thought process of non-conspiracy theorists. You can easily identify them by their speech.
What the non-conspiracy theorist doesn’t see is that the battlefield is right before them and they have outsourced all critical thought and action to a government thinking service known as mass media. Like being on the football field while the ball is in play, without realizing what is happening. You see people waving at you in the stands to get out of the way, but you don’t understand what they are saying so you continue walking on the field with your headset on. Likewise, non-conspiracy theorists perceive all logic and reason arguments and warnings made by the conspiracy theorist as noise. They don’t understand the warning and so they continue living and carrying on with what they are doing. Like the person on the field not understanding the warning being communicated by those in the stands, non-conspiracy theorists cannot receive the basic signals of logic and reason.
The headsets adding to the confusion is like the TV and mainstream media news. Since they themselves refuse to look at the evidence, they put their faith in the government and in the mass corporate establishment to safely guide them in their reality. They gain a sense of psychological protection from this overall system. Since the information being believed is almost always artificial they need to hear their own opinions repeated to them by the voices on TV so they can confirm (and re-confirm) their own belief system to themselves to be legitimate. At no point will the non-conspiracy theorist plan a day of research or dedicate a few hours every once in a while to research the topic or put any thought into issues.
Information and world problems are but one category in a shelf of categories that make up their lives. The non-conspiracy theorist ignores that government has always implemented social engineering and mass mind control on the general public. In order for the non-conspiracy theorist to confidently walk away from someone who challenges their belief system with scientific facts, they need to have a sustained comfort and assurance that what government and mainstream media is saying is true.
Maintaining the non-conspiracy delusion
The non-conspiracy theorist is thus profoundly psychologically interconnected with today’s mass mind control paradigm. They are a species representing a full byproduct of 21st-century social engineering. The doctrine of this type of social engineering programs its believers to believe that when government and media accuses someone of “conspiracies” then this accusation is cause for someone being considered diseased. The symptoms being paranoia. But paranoia is based on systematized delusions and delusions are based on false beliefs. A proper exploring of meanings brings us back to proving what is true or false. We come full circle and the spin is over. Non-conspiracy theorists don’t realize they dwell in this circle of misapplied words, never exploring the meanings or doing the work to determine what is true and what is provable.
Non-conspiracy theorists therefore wake up every morning and reach for the mental orientation map known as mainstream media news. Without it they would be disoriented, as they would not know what to believe. They actually believe that if anyone was guilty of wrongdoing at the highest level of government someone would speak out every time and everyone would know about it. They ignore that state secrets are the norm and government operations are conducted in secret. They ignore the consequences each individual at the government and military level faces for blowing the whistle. Despite these consequences many individuals at government level still risk it all and do blow the whistle on government. Despite all this, the idea of maintaining State secrecy is a myth to non-conspiracy theorists. The idea that government would do something immoral, nefarious or criminal is a fiction as well to the non-conspiracy theorist.
The history of war, corruption, tyranny and fascism is incidental, coincidental, insignificant and irrelevant to the non-conspiracy theorist. None of these should be used to gauge the events of our times since history is a thing of the past. Non-conspiracy theorists choose not to connect the historical dots. According to them, there is nothing to learn from the history of tyranny and totalitarianism. Anyone attempting to connect the dots is likely a conspiracy theorist. This goes hand in hand with the logic defect we discussed earlier. As the earlier case of the conspiracy theorist having his scientific arguments debunked by virtue of simply being diseased with the accusation of conspiracy theorist. Note, the non-conspiracy theorists use the name as a loaded, proven concept with power to permanently label someone diseased. In this case, attempting to connect the dots automatically tags you as a conspiracy theorist.
As far as non-conspiracy theorists are concerned, all critical thought is deferred to the authorities. The scientists do their work and then report the facts to the government and mainstream media who carefully announce to the masses what they should know. Any scientists who speak out and claim to have evidence contradicting government claims must first be endorsed and approved by the mainstream media and government. Without this approval the scientists are marginalized no matter how large their numbers are. Without these ridiculous rules the delusion of being a non-conspiracy theorists cannot be maintained. This is the psychology of tyranny. Tyranny and totalitarianism cannot be implemented without mass mind control. This dangerous group-think mentality will ignore all warning signs to help continue advancing the agenda. And so the non-conspiracy theorist is the most important instrument for maintaining control of the masses. Without these non-conspiracy theorist vessels of the global empire, the plan would not be possible.
It is quite possible that years from now the concept of conspiracy will return back to where it belongs right next to other concepts like jealousy, laughter, love, stealing, fighting, friendship, hatred and other human expressions that define who we are. By then perhaps being a friendship theorist, a stealing theorist or a jealousy theorist will be the new propaganda bogey monster term. Or perhaps years from now we will be sick and tired of this vicious cycle of physical and mental slavery. Perhaps people will truly have enough of the control system and will have abolished it by then.
Standing by truth
I am thrilled to be considered a “conspiracy theorist” by those still controlled by the social engineering experiments of the last one hundred or so years. We are proof that humans are able to critically think on their own and prefer to be free. We are the embodiment of the resistance, we never run from challenges and debates, we recreated the media and are responsible for the progressive death of the mainstream media. We choose to give humanity a voice outside of the socially engineered control system. We rely on firsthand accounts, physical evidence consistent with natural laws, factual documents, common sense, high probability, and forensic scientific evidence before jumping to conclusions. We do not rely on name calling to give strength to our position and we stand as a reminder that the human mind will never be completely contained. Unraveling the reality we face became normal for us at some point and the information the non-conspiracy theorists consider scary is common news to those of us name called “conspiracy theorists”.
In order to be considered a conspiracy theorist by the non-conspiracy theorists you must believe that government is corrupt. Believing that others are corrupt does not get you the title automatically. The list of what qualifies someone as a conspiracy theorist has been changing rapidly and today is determined by mainstream media and government in real time. Today, only government and mainstream media gets to decide who qualifies as a conspiracy theorist. The thought process of the non-conspiracy theorist is thus predictable and automated because the agenda being followed by government and mass media is predictable. The mindset is: no research required if Associated Press, NBC, ABC, CBS, FOX, CNN or NPR doesn’t agree to report it, then all other sources must be false. This shines a light into the thought process of non-conspiracy theorists.
Impact on humanity
How creepy does all this sound? We often take for granted the thought process required to make someone believe how they believe and the (mainstream media believing) non-conspiracy theorist mentality is quietly as culpable for the condition of the world today as the individuals who actually carry out the crimes that have put us where we are. Little to no effort is put by non-conspiracy theorists to learn about their own social mindsets, social engineering, group-think, and government propaganda and mind-control history.
The non-conspiracy theorists are thus arguably indirectly ushering in many of the religious and cultural prophesies of the end times and the predictions of the doomsday prophets. They are proving to be key vessels in the events that are to come. They have already carved their mark in history as supporters of the global empire. Everyone who has played a role in supporting the global empire of the U.S. has already left their mark. Let’s all wait and see how this mental defect will play itself out and what role these non-conspiracy theorists will play in ushering in the final pieces of the global government. Will they be rewarded? Will they support the extermination of all critical thinkers? Will it turn out the non-conspiracy theorists were expressing an alternate DNA or is this idea too far out? Will it turn out they were all part of a larger experiment? Will the final waking up process or critical mass be stomped out by this core of non-conspiracy theorists who blindly believe government-programmed lies? Or will they be responsible for delaying critical mass by a certain amount of time.
These and many other questions will be answered in the next few years/decades. Let us not forget the layers of defective logic and blind faith in government required to be considered a non-conspiracy theorist. It sounds bizarre but it’s true. It’s been said that in times of mass deceit that telling the truth is a revolutionary act; this has never been more apparent. Want to make an impact on others? Want to be a giant among men? Then tell the truth and watch the sheep run. There is so much deceit in today’s world that if you blindly reverse everything government and mainstream media says, just by default you would be closer to truth than if you believed even some of what they say.
Remember the non-conspiracy theorist who says “someone would have spoken out”? We’ve all heard this excuse. Of course, someone always does speak out; only they call those who speak out, no matter how high in government they are, conspiracy theorists, instead of someone who is speaking out or blowing the whistle. It’s time to memorialize the web of non-logic that qualifies a non-conspiracy theorist and not take for granted what these individuals mean to our battle for freedom and what key role they will play in the final lockdown of what was once a beacon for freedom throughout the world. Even as each of us carries on every day it’s difficult to fathom how the average person you come across who is a non-conspiracy theorist is having such a massive impact on millions of people globally and the direction of humanity as a whole including the overall survival of the human race.
Bernie Suarez is an activist, critical thinker, radio host, musician, M.D, Veteran, lover of freedom and the Constitution, and creator of the Truth and Art TV project. He also has a background in psychology and highly recommends that everyone watch a documentary titledThe Century of the Self. Bernie has concluded that the way to defeat the New World Order is to truly be the change that you want to see. Manifesting the solution and putting truth into action is the very thing that will defeat the globalists.
activistpost.com
I find the following entirely plausible...a MUST read.
DHS insider gives final warning
by Douglas J. Hagmann
http://www.pakalertpress.com/2013/12/28/dhs-insider-preparations-have-been-finalized-to-respond-to-a-crisis-of-unprecedented-magnitude-within-the-united-states/
Under the cover and amid the distraction of the Christmas bustle, I had my last “official” contact with a source inside the Department of Homeland Security known as “Rosebud” in my writings. My source is leaving his position, retiring along with numerous others choosing to leave this bureaucratic monstrosity. For this contact, my source took unprecedented measures to be certain that our contact was far off the radar of prying government eyes and ears. I was stunned at the lengths he employed, and even found myself somewhat annoyed by the inconvenience that his cloak-and-dagger approach caused. It was necessary, according to my source, because all department heads under FEMA and DHS are under orders to identify anyone disclosing any information for termination and potential criminal prosecution.
“DHS is like a prison environment, complete with prison snitches,” he said, referring to the search for leaks and leakers. And the warden is obsessed. Ask anyone in DHS. No one trusts anyone else and whatever sources might be left are shutting up. The threats that have been made far exceed anything I’ve ever seen. Good people are afraid for their lives and the lives of their families. We’ve all been threatened. They see the writing on the wall and are leaving. It’s not a joke and not hype.”
The following is a narrative from my source, prefaced with the instructions to “take it or leave it,” and “disregard it at your own peril.” He added that it’s now up to each American to act on the information themselves or suffer the consequences. “I’ve resigned myself to the fact that most [Americans] will never be convinced of the reality that is taking place right in front of them.”
The plan explained
“According to every internal document I’ve seen and read, and from the few people I’ve spoken with who understand what’s going on, preparations have been finalized to respond to a crisis of unprecedented magnitude within the United States. The response will include the use of lethal force against U.S. citizens under the instructions of Barack Obama.” But why?
“‘It’s the economy, stupid,’” he began, paraphrasing a campaign slogan coined by James Carville for Bill Clinton’s 1992 campaign. ”Just as I disclosed in our first meeting, the crisis will be rooted in an economic collapse. I told you last year, at a time when gold and silver were setting record highs, one specific indicator that time is very short. It is the final ‘smack down’ of the metals, gold and silver, that will presage the orchestrated economic collapse that is being planned by the bankers of Wall Street. Everybody needs to understand that this is a deliberate collapse of the U.S. economy with the oversight of the White House and the full knowledge of the Justice Department. Everyone seems to be waiting for some big, history making event that will signal the start of the collapse. The fact is that the collapse has already started. It’s incremental, like a snowball rolling down a hill. It gets bigger and rolls faster. Well, this snowball is well on its way down the hill.”
“I don’t mean to sound repetitive, by I can’t stress this enough. Contrary to what you hear, we’re already in an economic collapse, except that most people haven’t a clue. The ‘big bang’ comes at the end, when people they wake up one morning and can’t log in to their bank accounts, can’t use their ATM cards, and find out that their private pension funds and other assets have been confiscated,” he stated.
“I’ve seen documentation of multiple scenarios created outside of DHS. Different plans and back-up plans. Also, please understand that I deliberately used the word ‘created,’ as this is a completely manufactured event. In the end it won’t be presented that way, which is extremely important for everyone to understand. What is coming will be blamed on some unforeseen event out of everyone’s control, that few saw coming or thought would actually happen. Then, another event will take place concurrent with this event, or immediately after it, to confuse and compound an already explosive situation.” I asked for specifics.
“As I said, there are several scenarios and I don’t know them all. I know one calls for a cyber-attack by an external threat, which will then be compounded by something far removed from everyone’s own radar. But it’s all a ruse, or a pretext. The threat is from within,” he stated. “Before people can regain their footing, a second event will be triggered.” Again, I asked for specifics.
“I’ve seen one operational plan that refers to the federal government’s response to a significant terrorist attack on U.S. soil. Information at these levels is compartmentalized. I don’t have specifics, just plans for the response. The response will be controls and restrictions on travel, business, and every aspect of our lives, especially gun ownership and speech that incites people against the government. I guess some people would call it Martial Law, and they would not be incorrect. But understand that this will be a process deployed in stages. How quickly of a process remains to be seen.”
The mechanics explained
As I said, people continue to look for something big to happen first, followed by a militaristic response by the federal government against U.S. citizens. Based on what I’ve seen, I don’t believe it will happen this way, although there is one unthinkable exception. That exception would involve a ‘decapitation’ of our leadership, but I’ve seen nothing even remotely suggestive of that. But I’ve heard and even read articles where that is mentioned. Frankly, though, that’s always been a threat. I suppose that if the leadership is deemed useless, or becomes a liability to the larger agenda in some manner, it could happen. The precedent exists. Let’s pray that it’s not the case now.”
“I don’t think anyone except the initiated few know the precise series of events or the exact timing, just a general overview and an equally general time period. I think we’re in that period now, as DHS has their planned responses finalized. Also, the metals are important because it’s real money, not Ponzi fiat currency. The U.S. has no inventory of gold, so the prices are manipulated down to cause a sell-off of the physical assets. China is on a buying spree of gold, and other countries want their inventory back. The very people causing the prices to drop are the ones who are also buying the metals at fire sale prices. They will emerge extremely wealthy when the prices rise after the U.S. currency becomes wallpaper. A little research will identify who these people and organizations are.”
“I’d like to add a bit of perspective that might help explain the events as I described. Do you remember former Defense Secretary Donald Rumsfeld announcing that the Pentagon was unable to account for $2.3 trillion in the defense budget? That was on September 10, 2001, the day before the attacks of 9/11. Some suggest that 9/11 was orchestrated, in part to cover up the missing money, which is ludicrous. The result, however, was that suddenly the accounting issue took a back seat because of the attacks. The result will be the same. That’s a perfect example of the mechanics of what we are about to experience. It’s going to take years to sort out, and when it’s finally sorted out, the damage will have long been done.”
“Please note a few final things. The relationship that exists between DHS today and the executive branch is well beyond alarming. DHS and other organizations have become the private army of the Oval Office. The NSA, and I’ve got contacts there, is taking orders from the Oval Office. The IRS is under the virtual control of the Oval Office in a manner that would make Nixon cower. Even though all roads appear to lead to the Oval Office, they lead through the Oval Office. It’s not just Obama, but the men behind him, the people who put him there. The people who put him there are the ones who created him.” I asked who created him.
“First, ask yourself why there was such an all out effort to marginalize anyone talking about Obama’s eligibility in 2008. Even so-called conservatives pundits fell for the lie that such questions were nothing more than a diversion. They were following a specific drumbeat. That should tell every rational adult that he is a creation of the globalists who have no allegiance to any political party. He is the product of decades of planning, made for this very time in our history. He was selected to oversee the events I just disclosed. Who has that ability? He’s a product of our own intelligence agencies working with the globalists. He should be exhibit ‘A’ to illustrate the need to enforce the Logan Act. Need I say more?”
As often said by another of my sources, the U.S. is a captured operation. The lie is bigger than most people realize or are willing to confront. That is, until there is no other option. By then, it might be too late.
This report was originally published by Douglass J. Hagmann at The Northeast Intelligence Network. You can follow Doug’s nightly broadcasts at the Hagmann and Hagmann Report.
I think Westy was looking for Gold to possibly go down to $650 (was it sometime 2014/2015?) the last time he was talking Gold price so he's not wrong by any means.
Europe is a financial disaster and not getting any better so Westy riding high again on that. Detroit is already the financial calamity model for the USA and I personally know Chicago city pensioners who think the same sort of "cents on the dollar" bankruptcy settlement may be heading to the state of Illinois soon enough. The 12-13 Billion state deficits are unsustainable.
ROFLMAO!!
Like thing's have gotten any better regarding the world financial situation since 2008??
You are a complete joke. So nice of you to Diss the world's greatest financial minds about the inevitable pending financial calamity.
Go ask the pensioner's in Detroit that are getting .16 cents on their dollar how wonderful thing's are going?? And it ain't gonna stop with them.
Man-made typhoons and Yamashita's gold...
http://www.exohuman.com/wordpress/2013/11/typhoon-haiyen-yamashita-gold/
It's been said that the world economic crisis (read money printing) ends in World War.
Looks like the search for the massive gold hoard in the devastated Philippines could set off World War Three?
U.S. Navy-China showdown: Chinese try to halt U.S. cruiser in international waters
A Chinese naval vessel tried to force a U.S. guided missile warship to stop in international waters recently, causing a tense military standoff in the latest case of Chinese maritime harassment, according to defense officials.
The guided missile cruiser USS Cowpens, which recently took part in disaster relief operations in the Philippines, was confronted by Chinese warships in the South China Sea near Beijing’s new aircraft carrier Liaoning, according to officials familiar with the incident...
http://www.washingtontimes.com/news/2013/dec/13/us-navy-china-showdown-chinese-try-halt-us-cruiser/?utm_source=RSS_Feed&utm_medium=RSS#ixzz2nOunElZH
From Isopatch's thread on Silicon Investor...
http://www.siliconinvestor.com/readmsg.aspx?msgid=29280932
RU prepared?
<Faber, Rogers, Dent, Maloney, & Stockman – What Do They Say Is Coming In 2014?
Submitted by Tyler Durden on 12/13/2013 19:26 -0500
Submitted by Michael Snyder of The Economic Collapse blog,
Some of the most respected prognosticators in the financial world are warning that what is coming in 2014 and beyond is going to shake America to the core. Many of the quotes that you are about to read are from individuals that actually predicted the subprime mortgage meltdown and the financial crisis of 2008 ahead of time. So they have a track record of being right. Does that guarantee that they will be right about what is coming in 2014? Of course not. In fact, as you will see below, not all of them agree about exactly what is coming next. But without a doubt, all of their forecasts are quite ominous. The following are quotes from Harry Dent, Marc Faber, Gerald Celente, Mike Maloney, Jim Rogers and nine other respected economic experts about what they believe is coming in 2014 and beyond...
- Harry Dent, author of The Great Depression Ahead: "Our best long-term and intermediate cycles suggest another slowdown and stock crash accelerating between very early 2014 and early 2015, and possibly lasting well into 2015 or even 2016. The worst economic trends due to demographics will hit between 2014 and 2019. The U.S. economy is likely to suffer a minor or major crash by early 2015 and another between late 2017 and late 2019 or early 2020 at the latest."
- Marc Faber, editor and publisher of the Gloom, Boom & Doom Report: "You have to say that we are again in a massive financial bubble in bonds, in equities, in [other] asset prices that have gone up dramatically."
- Gerald Celente: "Any self-respecting adult that hears McConnell, Reid, Boehner, Ryan, one after another, and buys this baloney… they deserve what they get.
And as for the international scene… the whole thing is collapsing.
That’s our forecast.
We are saying that by the second quarter of 2014, we expect the bottom to fall out… or something to divert our attention as it falls out."
- Mike Maloney, host of Hidden Secrets of Money: "I think the crash of 2008 was just a speed bump on the way to the main event… the consequences are gonna be horrific… the rest of the decade will bring us the greatest financial calamity in history."
- Jim Rogers: "You saw what happened in 2008-2009, which was worse than the previous economic setback because the debt was so much higher. Well now the debt is staggeringly much higher, and so the next economic problem, whenever it happens and whatever causes it, is going to be worse than in the past, because we have these unbelievable levels of debt, and unbelievable levels of money printing all over the world. Be worried and get prepared. Now it [a collapse] may not happen until 2016 or something, I have no idea when it’s going to happen, but when it comes, be careful."
- Lindsey Williams: "There is going to be a global currency reset."
- CLSA's Russell Napier: "We are on the eve of a deflationary shock which will likely reduce equity valuations from very high to very low levels."
- Oaktree Capital's Howard Marks: "Certainly risk tolerance has been increasing of late; high returns on risky assets have encouraged more of the same; and the markets are becoming more heated. The bottom line varies from sector to sector, but I have no doubt that markets are riskier than at any other time since the depths of the crisis in late 2008 (for credit) or early 2009 (for equities), and they are becoming more so."
- Financial editor Jeff Berwick: "If they allow interest rates to rise, it will effectively make the U.S. government bankrupt and insolvent, and it would make the U.S. government collapse. . . . They are preparing for a major societal collapse. It is obvious and it will happen, and it will be very scary and very dangerous."
- Michael Pento, founder of Pento Portfolio Strategies: "Disappointingly, it is much more probable that the government has brought us out of the Great Recession, only to set us up for the Greater Depression, which lies just on the other side of interest rate normalization."
- Boston University Economics Professor Laurence Kotlikoff: "Eventually somebody recognizes this and starts dumping the bonds, and interest rates go up, and inflation takes off, and were off to the races."
- Mexican Billionaire Hugo Salinas Price: "I think we are going to see a series of bankruptcies. I think the rise in interest rates is the fatal sign which is going to ignite a derivatives crisis. This is going to bring down the derivatives system (and the financial system).
There are (over) one quadrillion dollars of derivatives and most of them are related to interest rates. The spiking of interest rates in the United States may set that off. What is going to happen in the world is eventually we are going to come to a moment where there is going to be massive bankruptcies around the globe."
- Robert Shiller, one of the winners of the 2013 Nobel prize for economics: "I'm not sounding the alarm yet. But in many countries the stock price levels are high, and in many real estate markets prices have risen sharply...that could end badly."
- David Stockman, former Director of the Office of Management and Budget under President Ronald Reagan: "We have a massive bubble everywhere, from Japan, to China, Europe, to the UK. As a result of this, I think world financial markets are extremely dangerous, unstable, and subject to serious trouble and dislocation in the future."
And certainly there are already signs that the U.S. economy is slowing down as we head into the final weeks of 2013. For example, on Thursday we learned that the number of initial claims for unemployment benefits increased by 68,000 last week to a disturbingly high total of 368,000. That was the largest increase that we have seen in more than a year.
In addition, as I wrote about the other day, rail traffic is way down right now. In fact, for the week ending November 30th, U.S. rail traffic was down 16.3 percent from the same week one year earlier. That is a very important indicator that economic activity is getting slower.
And we continue to get more evidence that the middle class is being steadily eroded and that poverty in America is rapidly growing. For example, a survey that was just released found that requests for food assistance and the level of homelessness have both risen significantly in major U.S. cities over the past year...
A survey of 25 American cities, including many of the nation's largest, showed yearly increases in food aid and homelessness.
The cities, located throughout 18 states, saw requests for emergency food aid rise by an average of seven percent compared with the previous period a year earlier, according to the US Conference of Mayors study, published Wednesday.
All but four cities reported an increase in demand for assistance between the period of September 2012 through August 2013.
Unfortunately, if the economic experts quoted above are correct, this is just the beginning of our problems.
The next wave of the economic collapse is rapidly approaching, and things are going to get much worse than this.>
zerohedge.com
AND...
The best interview I've ever heard with Max Keiser:
youtube.com
Logged off for awhile. Posting too much today.
Iso
From Isopatch's thread on Silicon Investor...
http://www.siliconinvestor.com/readmsg.aspx?msgid=29280932
RU prepared?
<Faber, Rogers, Dent, Maloney, & Stockman – What Do They Say Is Coming In 2014?
Submitted by Tyler Durden on 12/13/2013 19:26 -0500
Submitted by Michael Snyder of The Economic Collapse blog,
Some of the most respected prognosticators in the financial world are warning that what is coming in 2014 and beyond is going to shake America to the core. Many of the quotes that you are about to read are from individuals that actually predicted the subprime mortgage meltdown and the financial crisis of 2008 ahead of time. So they have a track record of being right. Does that guarantee that they will be right about what is coming in 2014? Of course not. In fact, as you will see below, not all of them agree about exactly what is coming next. But without a doubt, all of their forecasts are quite ominous. The following are quotes from Harry Dent, Marc Faber, Gerald Celente, Mike Maloney, Jim Rogers and nine other respected economic experts about what they believe is coming in 2014 and beyond...
- Harry Dent, author of The Great Depression Ahead: "Our best long-term and intermediate cycles suggest another slowdown and stock crash accelerating between very early 2014 and early 2015, and possibly lasting well into 2015 or even 2016. The worst economic trends due to demographics will hit between 2014 and 2019. The U.S. economy is likely to suffer a minor or major crash by early 2015 and another between late 2017 and late 2019 or early 2020 at the latest."
- Marc Faber, editor and publisher of the Gloom, Boom & Doom Report: "You have to say that we are again in a massive financial bubble in bonds, in equities, in [other] asset prices that have gone up dramatically."
- Gerald Celente: "Any self-respecting adult that hears McConnell, Reid, Boehner, Ryan, one after another, and buys this baloney… they deserve what they get.
And as for the international scene… the whole thing is collapsing.
That’s our forecast.
We are saying that by the second quarter of 2014, we expect the bottom to fall out… or something to divert our attention as it falls out."
- Mike Maloney, host of Hidden Secrets of Money: "I think the crash of 2008 was just a speed bump on the way to the main event… the consequences are gonna be horrific… the rest of the decade will bring us the greatest financial calamity in history."
- Jim Rogers: "You saw what happened in 2008-2009, which was worse than the previous economic setback because the debt was so much higher. Well now the debt is staggeringly much higher, and so the next economic problem, whenever it happens and whatever causes it, is going to be worse than in the past, because we have these unbelievable levels of debt, and unbelievable levels of money printing all over the world. Be worried and get prepared. Now it [a collapse] may not happen until 2016 or something, I have no idea when it’s going to happen, but when it comes, be careful."
- Lindsey Williams: "There is going to be a global currency reset."
- CLSA's Russell Napier: "We are on the eve of a deflationary shock which will likely reduce equity valuations from very high to very low levels."
- Oaktree Capital's Howard Marks: "Certainly risk tolerance has been increasing of late; high returns on risky assets have encouraged more of the same; and the markets are becoming more heated. The bottom line varies from sector to sector, but I have no doubt that markets are riskier than at any other time since the depths of the crisis in late 2008 (for credit) or early 2009 (for equities), and they are becoming more so."
- Financial editor Jeff Berwick: "If they allow interest rates to rise, it will effectively make the U.S. government bankrupt and insolvent, and it would make the U.S. government collapse. . . . They are preparing for a major societal collapse. It is obvious and it will happen, and it will be very scary and very dangerous."
- Michael Pento, founder of Pento Portfolio Strategies: "Disappointingly, it is much more probable that the government has brought us out of the Great Recession, only to set us up for the Greater Depression, which lies just on the other side of interest rate normalization."
- Boston University Economics Professor Laurence Kotlikoff: "Eventually somebody recognizes this and starts dumping the bonds, and interest rates go up, and inflation takes off, and were off to the races."
- Mexican Billionaire Hugo Salinas Price: "I think we are going to see a series of bankruptcies. I think the rise in interest rates is the fatal sign which is going to ignite a derivatives crisis. This is going to bring down the derivatives system (and the financial system).
There are (over) one quadrillion dollars of derivatives and most of them are related to interest rates. The spiking of interest rates in the United States may set that off. What is going to happen in the world is eventually we are going to come to a moment where there is going to be massive bankruptcies around the globe."
- Robert Shiller, one of the winners of the 2013 Nobel prize for economics: "I'm not sounding the alarm yet. But in many countries the stock price levels are high, and in many real estate markets prices have risen sharply...that could end badly."
- David Stockman, former Director of the Office of Management and Budget under President Ronald Reagan: "We have a massive bubble everywhere, from Japan, to China, Europe, to the UK. As a result of this, I think world financial markets are extremely dangerous, unstable, and subject to serious trouble and dislocation in the future."
And certainly there are already signs that the U.S. economy is slowing down as we head into the final weeks of 2013. For example, on Thursday we learned that the number of initial claims for unemployment benefits increased by 68,000 last week to a disturbingly high total of 368,000. That was the largest increase that we have seen in more than a year.
In addition, as I wrote about the other day, rail traffic is way down right now. In fact, for the week ending November 30th, U.S. rail traffic was down 16.3 percent from the same week one year earlier. That is a very important indicator that economic activity is getting slower.
And we continue to get more evidence that the middle class is being steadily eroded and that poverty in America is rapidly growing. For example, a survey that was just released found that requests for food assistance and the level of homelessness have both risen significantly in major U.S. cities over the past year...
A survey of 25 American cities, including many of the nation's largest, showed yearly increases in food aid and homelessness.
The cities, located throughout 18 states, saw requests for emergency food aid rise by an average of seven percent compared with the previous period a year earlier, according to the US Conference of Mayors study, published Wednesday.
All but four cities reported an increase in demand for assistance between the period of September 2012 through August 2013.
Unfortunately, if the economic experts quoted above are correct, this is just the beginning of our problems.
The next wave of the economic collapse is rapidly approaching, and things are going to get much worse than this.>
zerohedge.com
AND...
The best interview I've ever heard with Max Keiser:
youtube.com
Logged off for awhile. Posting too much today.
Iso
The Culture of Tyranny
Black Friday Wal-Mart Madness - Fort Worth, TX
Putting Profits Before Populations
Monsanto, the TPP and Global Food Dominance
by ELLEN BROWN
NOVEMBER 26, 2013
http://www.counterpunch.org/2013/11/26/monsanto-the-tpp-and-global-food-dominance/
“Control oil and you control nations,” said US Secretary of State Henry Kissinger in the 1970s. “Control food and you control the people.”
Global food control has nearly been achieved, by reducing seed diversity with GMO (genetically modified) seeds that are distributed by only a few transnational corporations. But this agenda has been implemented at grave cost to our health; and if the Trans-Pacific Partnership (TPP) passes, control over not just our food but our health, our environment and our financial system will be in the hands of transnational corporations.
Profits Before Populations
Genetic engineering has made proprietary control possible over the seeds on which the world’s food supply depends. According to an Acres USA interview of plant pathologist Don Huber, Professor Emeritus at Purdue University, two modified traits account for practically all of the genetically modified crops grown in the world today. One involves insect resistance. The other, more disturbing modification involves insensitivity to glyphosate-based herbicides (plant-killing chemicals). Often known as Roundup after the best-selling Monsanto product of that name, glyphosate poisons everything in its path except plants genetically modified to resist it.
Glyphosate-based herbicides are now the most commonly used herbicides in the world. Glyphosate is an essential partner to the GMOs that are the principal business of the burgeoning biotech industry. Glyphosate is a “broad-spectrum” herbicide that destroys indiscriminately, not by killing unwanted plants directly but by tying up access to critical nutrients.
Because of the insidious way in which it works, it has been sold as a relatively benign replacement for the devastating earlier dioxin-based herbicides. But a barrage of experimental data has now shown glyphosate and the GMO foods incorporating it to pose serious dangers to health. Compounding the risk is the toxicity of “inert” ingredients used to make glyphosate more potent. Researchers have found, for example, that the surfactant POEA can kill human cells, particularly embryonic, placental and umbilical cord cells. But these risks have been conveniently ignored.
The widespread use of GMO foods and glyphosate herbicides helps explain the anomaly that the US spends over twice as much per capita on healthcare as the average developed country, yet it is rated far down the scale of the world’s healthiest populations. The World Health Organization has ranked the US LAST out of 17 developed nations for overall health.
Sixty to seventy percent of the foods in US supermarkets are now genetically modified. By contrast, in at least 26 other countries—including Switzerland, Australia, Austria, China, India, France, Germany, Hungary, Luxembourg, Greece, Bulgaria, Poland, Italy, Mexico and Russia—GMOs are totally or partially banned; and significant restrictions on GMOs exist in about sixty other countries.
A ban on GMO and glyphosate use might go far toward improving the health of Americans. But the Trans-Pacific Partnership, a global trade agreement for which the Obama Administration has sought Fast Track status, would block that sort of cause-focused approach to the healthcare crisis.
Roundup’s Insidious Effects
Roundup-resistant crops escape being killed by glyphosate, but they do not avoid absorbing it into their tissues. Herbicide-tolerant crops have substantially higher levels of herbicide residues than other crops. In fact, many countries have had to increase their legally allowable levels—by up to 50 times—in order to accommodate the introduction of GM crops. In the European Union, residues in food are set to rise 100-150 times if a new proposal by Monsanto is approved. Meanwhile, herbicide-tolerant “super-weeds” have adapted to the chemical, requiring even more toxic doses and new toxic chemicals to kill the plant.
Human enzymes are affected by glyphosate just as plant enzymes are: the chemical blocks the uptake of manganese and other essential minerals. Without those minerals, we cannot properly metabolize our food. That helps explain the rampant epidemic of obesity in the United States. People eat and eat in an attempt to acquire the nutrients that are simply not available in their food.
According to researchers Samsell and Seneff in Biosemiotic Entropy: Disorder, Disease, and Mortality (April 2013):
Glyphosate’s inhibition of cytochrome P450 (CYP) enzymes is an overlooked component of its toxicity to mammals. CYP enzymes play crucial roles in biology . . . . Negative impact on the body is insidious and manifests slowly over time as inflammation damages cellular systems throughout the body. Consequences are most of the diseases and conditions associated with a Western diet, which include gastrointestinal disorders, obesity, diabetes, heart disease, depression, autism, infertility, cancer and Alzheimer’s disease.
More than 40 diseases have been linked to glyphosate use, and more keep appearing. In September 2013, the National University of Rio Cuarto, Argentina, published research finding that glyphosate enhances the growth of fungi that produce aflatoxin B1, one of the most carcinogenic of substances. A doctor from Chaco, Argentina, told Associated Press, “We’ve gone from a pretty healthy population to one with a high rate of cancer, birth defects and illnesses seldom seen before.” Fungi growths have increased significantly in US corn crops.
Glyphosate has also done serious damage to the environment. According to an October 2012 report by the Institute of Science in Society:
Agribusiness claims that glyphosate and glyphosate-tolerant crops will improve crop yields, increase farmers’ profits and benefit the environment by reducing pesticide use. Exactly the opposite is the case. . . . [T]he evidence indicates that glyphosate herbicides and glyphosate-tolerant crops have had wide-ranging detrimental effects, including glyphosate resistant super weeds, virulent plant (and new livestock) pathogens, reduced crop health and yield, harm to off-target species from insects to amphibians and livestock, as well as reduced soil fertility.
Politics Trumps Science
In light of these adverse findings, why have Washington and the European Commission continued to endorse glyphosate as safe? Critics point to lax regulations, heavy influence from corporate lobbyists, and a political agenda that has more to do with power and control than protecting the health of the people.
In the ground-breaking 2007 book Seeds of Destruction: The Hidden Agenda of Genetic Manipulation, William Engdahl states that global food control and depopulation became US strategic policy under Rockefeller protégé Henry Kissinger. Along with oil geopolitics, they were to be the new “solution” to the threats to US global power and continued US access to cheap raw materials from the developing world. In line with that agenda, the government has shown extreme partisanship in favor of the biotech agribusiness industry, opting for a system in which the industry “voluntarily” polices itself. Bio-engineered foods are treated as “natural food additives,” not needing any special testing.
Jeffrey M. Smith, Executive Director of the Institute for Responsible Technology, confirms that US Food and Drug Administration policy allows biotech companies to determine if their own foods are safe. Submission of data is completely voluntary. He concludes:
In the critical arena of food safety research, the biotech industry is without accountability, standards, or peer-review. They’ve got bad science down to a science.
Whether or not depopulation is an intentional part of the agenda, widespread use of GMO and glyphosate is having that result. The endocrine-disrupting properties of glyphosate have been linked to infertility, miscarriage, birth defects and arrested sexual development. In Russian experiments, animals fed GM soy were sterile by the third generation. Vast amounts of farmland soil are also being systematically ruined by the killing of beneficial microorganisms that allow plant roots to uptake soil nutrients.
In Gary Null’s eye-opening documentary Seeds of Death: Unveiling the Lies of GMOs, Dr. Bruce Lipton warns, “We are leading the world into the sixth mass extinction of life on this planet. . . . Human behavior is undermining the web of life.”
The TPP and International Corporate Control
As the devastating conclusions of these and other researchers awaken people globally to the dangers of Roundup and GMO foods, transnational corporations are working feverishly with the Obama administration to fast-track the Trans-Pacific Partnership, a trade agreement that would strip governments of the power to regulate transnational corporate activities. Negotiations have been kept secret from Congress but not from corporate advisors, 600 of whom have been consulted and know the details. According to Barbara Chicherio in Nation of Change:
The Trans Pacific Partnership (TPP) has the potential to become the biggest regional Free Trade Agreement in history. . . .
The chief agricultural negotiator for the US is the former Monsanto lobbyist, Islam Siddique. If ratified the TPP would impose punishing regulations that give multinational corporations unprecedented right to demand taxpayer compensation for policies that corporations deem a barrier to their profits.
. . . They are carefully crafting the TPP to insure that citizens of the involved countries have no control over food safety, what they will be eating, where it is grown, the conditions under which food is grown and the use of herbicides and pesticides.
Food safety is only one of many rights and protections liable to fall to this super-weapon of international corporate control. In an April 2013 interview on The Real News Network, Kevin Zeese called the TPP “NAFTA on steroids” and “a global corporate coup.” He warned:
No matter what issue you care about—whether its wages, jobs, protecting the environment . . . this issue is going to adversely affect it . . . .
If a country takes a step to try to regulate the financial industry or set up a public bank to represent the public interest, it can be sued . . . .
Return to Nature: Not Too Late
There is a safer, saner, more earth-friendly way to feed nations. While Monsanto and US regulators are forcing GM crops on American families, Russian families are showing what can be done with permaculture methods on simple garden plots. In 2011, 40% of Russia’s food was grown on dachas (cottage gardens or allotments). Dacha gardens produced over 80% of the country’s fruit and berries, over 66% of the vegetables, almost 80% of the potatoes and nearly 50% of the nation’s milk, much of it consumed raw. According to Vladimir Megre, author of the best-selling Ringing Cedars Series:
Essentially, what Russian gardeners do is demonstrate that gardeners can feed the world – and you do not need any GMOs, industrial farms, or any other technological gimmicks to guarantee everybody’s got enough food to eat. Bear in mind that Russia only has 110 days of growing season per year – so in the US, for example, gardeners’ output could be substantially greater. Today, however, the area taken up by lawns in the US is two times greater than that of Russia’s gardens – and it produces nothing but a multi-billion-dollar lawn care industry.
In the US, only about 0.6 percent of the total agricultural area is devoted to organic farming. This area needs to be vastly expanded if we are to avoid “the sixth mass extinction.” But first, we need to urge our representatives to stop Fast Track, vote no on the TPP, and pursue a global phase-out of glyphosate-based herbicides and GMO foods. Our health, our finances and our environment are at stake.
Ellen Brown is an attorney, president of the Public Banking Institute, and author of twelve books, including the best-selling Web of Debt. In The Public Bank Solution, her latest book, she explores successful public banking models historically and globally. Her blog articles are at EllenBrown.com.
Putting Profits Before Populations
Monsanto, the TPP and Global Food Dominance
by ELLEN BROWN
NOVEMBER 26, 2013
http://www.counterpunch.org/2013/11/26/monsanto-the-tpp-and-global-food-dominance/
“Control oil and you control nations,” said US Secretary of State Henry Kissinger in the 1970s. “Control food and you control the people.”
Global food control has nearly been achieved, by reducing seed diversity with GMO (genetically modified) seeds that are distributed by only a few transnational corporations. But this agenda has been implemented at grave cost to our health; and if the Trans-Pacific Partnership (TPP) passes, control over not just our food but our health, our environment and our financial system will be in the hands of transnational corporations.
Profits Before Populations
Genetic engineering has made proprietary control possible over the seeds on which the world’s food supply depends. According to an Acres USA interview of plant pathologist Don Huber, Professor Emeritus at Purdue University, two modified traits account for practically all of the genetically modified crops grown in the world today. One involves insect resistance. The other, more disturbing modification involves insensitivity to glyphosate-based herbicides (plant-killing chemicals). Often known as Roundup after the best-selling Monsanto product of that name, glyphosate poisons everything in its path except plants genetically modified to resist it.
Glyphosate-based herbicides are now the most commonly used herbicides in the world. Glyphosate is an essential partner to the GMOs that are the principal business of the burgeoning biotech industry. Glyphosate is a “broad-spectrum” herbicide that destroys indiscriminately, not by killing unwanted plants directly but by tying up access to critical nutrients.
Because of the insidious way in which it works, it has been sold as a relatively benign replacement for the devastating earlier dioxin-based herbicides. But a barrage of experimental data has now shown glyphosate and the GMO foods incorporating it to pose serious dangers to health. Compounding the risk is the toxicity of “inert” ingredients used to make glyphosate more potent. Researchers have found, for example, that the surfactant POEA can kill human cells, particularly embryonic, placental and umbilical cord cells. But these risks have been conveniently ignored.
The widespread use of GMO foods and glyphosate herbicides helps explain the anomaly that the US spends over twice as much per capita on healthcare as the average developed country, yet it is rated far down the scale of the world’s healthiest populations. The World Health Organization has ranked the US LAST out of 17 developed nations for overall health.
Sixty to seventy percent of the foods in US supermarkets are now genetically modified. By contrast, in at least 26 other countries—including Switzerland, Australia, Austria, China, India, France, Germany, Hungary, Luxembourg, Greece, Bulgaria, Poland, Italy, Mexico and Russia—GMOs are totally or partially banned; and significant restrictions on GMOs exist in about sixty other countries.
A ban on GMO and glyphosate use might go far toward improving the health of Americans. But the Trans-Pacific Partnership, a global trade agreement for which the Obama Administration has sought Fast Track status, would block that sort of cause-focused approach to the healthcare crisis.
Roundup’s Insidious Effects
Roundup-resistant crops escape being killed by glyphosate, but they do not avoid absorbing it into their tissues. Herbicide-tolerant crops have substantially higher levels of herbicide residues than other crops. In fact, many countries have had to increase their legally allowable levels—by up to 50 times—in order to accommodate the introduction of GM crops. In the European Union, residues in food are set to rise 100-150 times if a new proposal by Monsanto is approved. Meanwhile, herbicide-tolerant “super-weeds” have adapted to the chemical, requiring even more toxic doses and new toxic chemicals to kill the plant.
Human enzymes are affected by glyphosate just as plant enzymes are: the chemical blocks the uptake of manganese and other essential minerals. Without those minerals, we cannot properly metabolize our food. That helps explain the rampant epidemic of obesity in the United States. People eat and eat in an attempt to acquire the nutrients that are simply not available in their food.
According to researchers Samsell and Seneff in Biosemiotic Entropy: Disorder, Disease, and Mortality (April 2013):
Glyphosate’s inhibition of cytochrome P450 (CYP) enzymes is an overlooked component of its toxicity to mammals. CYP enzymes play crucial roles in biology . . . . Negative impact on the body is insidious and manifests slowly over time as inflammation damages cellular systems throughout the body. Consequences are most of the diseases and conditions associated with a Western diet, which include gastrointestinal disorders, obesity, diabetes, heart disease, depression, autism, infertility, cancer and Alzheimer’s disease.
More than 40 diseases have been linked to glyphosate use, and more keep appearing. In September 2013, the National University of Rio Cuarto, Argentina, published research finding that glyphosate enhances the growth of fungi that produce aflatoxin B1, one of the most carcinogenic of substances. A doctor from Chaco, Argentina, told Associated Press, “We’ve gone from a pretty healthy population to one with a high rate of cancer, birth defects and illnesses seldom seen before.” Fungi growths have increased significantly in US corn crops.
Glyphosate has also done serious damage to the environment. According to an October 2012 report by the Institute of Science in Society:
Agribusiness claims that glyphosate and glyphosate-tolerant crops will improve crop yields, increase farmers’ profits and benefit the environment by reducing pesticide use. Exactly the opposite is the case. . . . [T]he evidence indicates that glyphosate herbicides and glyphosate-tolerant crops have had wide-ranging detrimental effects, including glyphosate resistant super weeds, virulent plant (and new livestock) pathogens, reduced crop health and yield, harm to off-target species from insects to amphibians and livestock, as well as reduced soil fertility.
Politics Trumps Science
In light of these adverse findings, why have Washington and the European Commission continued to endorse glyphosate as safe? Critics point to lax regulations, heavy influence from corporate lobbyists, and a political agenda that has more to do with power and control than protecting the health of the people.
In the ground-breaking 2007 book Seeds of Destruction: The Hidden Agenda of Genetic Manipulation, William Engdahl states that global food control and depopulation became US strategic policy under Rockefeller protégé Henry Kissinger. Along with oil geopolitics, they were to be the new “solution” to the threats to US global power and continued US access to cheap raw materials from the developing world. In line with that agenda, the government has shown extreme partisanship in favor of the biotech agribusiness industry, opting for a system in which the industry “voluntarily” polices itself. Bio-engineered foods are treated as “natural food additives,” not needing any special testing.
Jeffrey M. Smith, Executive Director of the Institute for Responsible Technology, confirms that US Food and Drug Administration policy allows biotech companies to determine if their own foods are safe. Submission of data is completely voluntary. He concludes:
In the critical arena of food safety research, the biotech industry is without accountability, standards, or peer-review. They’ve got bad science down to a science.
Whether or not depopulation is an intentional part of the agenda, widespread use of GMO and glyphosate is having that result. The endocrine-disrupting properties of glyphosate have been linked to infertility, miscarriage, birth defects and arrested sexual development. In Russian experiments, animals fed GM soy were sterile by the third generation. Vast amounts of farmland soil are also being systematically ruined by the killing of beneficial microorganisms that allow plant roots to uptake soil nutrients.
In Gary Null’s eye-opening documentary Seeds of Death: Unveiling the Lies of GMOs, Dr. Bruce Lipton warns, “We are leading the world into the sixth mass extinction of life on this planet. . . . Human behavior is undermining the web of life.”
The TPP and International Corporate Control
As the devastating conclusions of these and other researchers awaken people globally to the dangers of Roundup and GMO foods, transnational corporations are working feverishly with the Obama administration to fast-track the Trans-Pacific Partnership, a trade agreement that would strip governments of the power to regulate transnational corporate activities. Negotiations have been kept secret from Congress but not from corporate advisors, 600 of whom have been consulted and know the details. According to Barbara Chicherio in Nation of Change:
The Trans Pacific Partnership (TPP) has the potential to become the biggest regional Free Trade Agreement in history. . . .
The chief agricultural negotiator for the US is the former Monsanto lobbyist, Islam Siddique. If ratified the TPP would impose punishing regulations that give multinational corporations unprecedented right to demand taxpayer compensation for policies that corporations deem a barrier to their profits.
. . . They are carefully crafting the TPP to insure that citizens of the involved countries have no control over food safety, what they will be eating, where it is grown, the conditions under which food is grown and the use of herbicides and pesticides.
Food safety is only one of many rights and protections liable to fall to this super-weapon of international corporate control. In an April 2013 interview on The Real News Network, Kevin Zeese called the TPP “NAFTA on steroids” and “a global corporate coup.” He warned:
No matter what issue you care about—whether its wages, jobs, protecting the environment . . . this issue is going to adversely affect it . . . .
If a country takes a step to try to regulate the financial industry or set up a public bank to represent the public interest, it can be sued . . . .
Return to Nature: Not Too Late
There is a safer, saner, more earth-friendly way to feed nations. While Monsanto and US regulators are forcing GM crops on American families, Russian families are showing what can be done with permaculture methods on simple garden plots. In 2011, 40% of Russia’s food was grown on dachas (cottage gardens or allotments). Dacha gardens produced over 80% of the country’s fruit and berries, over 66% of the vegetables, almost 80% of the potatoes and nearly 50% of the nation’s milk, much of it consumed raw. According to Vladimir Megre, author of the best-selling Ringing Cedars Series:
Essentially, what Russian gardeners do is demonstrate that gardeners can feed the world – and you do not need any GMOs, industrial farms, or any other technological gimmicks to guarantee everybody’s got enough food to eat. Bear in mind that Russia only has 110 days of growing season per year – so in the US, for example, gardeners’ output could be substantially greater. Today, however, the area taken up by lawns in the US is two times greater than that of Russia’s gardens – and it produces nothing but a multi-billion-dollar lawn care industry.
In the US, only about 0.6 percent of the total agricultural area is devoted to organic farming. This area needs to be vastly expanded if we are to avoid “the sixth mass extinction.” But first, we need to urge our representatives to stop Fast Track, vote no on the TPP, and pursue a global phase-out of glyphosate-based herbicides and GMO foods. Our health, our finances and our environment are at stake.
Ellen Brown is an attorney, president of the Public Banking Institute, and author of twelve books, including the best-selling Web of Debt. In The Public Bank Solution, her latest book, she explores successful public banking models historically and globally. Her blog articles are at EllenBrown.com.
Regarding the Philippine Islands disaster...
Raiders of the Lost Gold: Yamashita's Gold | PBS America
Regarding the Philippine Islands disaster...
Raiders of the Lost Gold: Yamashita's Gold | PBS America
Scientists Warn of Extreme Risk: Greatest Short-term Threat to Humanity is From Fukushima Fuel Poolshttp://www.globalresearch.ca/scientists-warn-of-extreme-risk-greatest-short-term-threat-to-humanity-is-from-fukushima-fuel-pools/5357344
Scientists Warn of Extreme Risk: Greatest Short-term Threat to Humanity is From Fukushima Fuel Poolshttp://www.globalresearch.ca/scientists-warn-of-extreme-risk-greatest-short-term-threat-to-humanity-is-from-fukushima-fuel-pools/5357344
Thank you kozuh :>)
OT:
Faber: Fed could up QE to $1 trillion a month
http://republicbroadcasting.org/faber-fed-could-up-qe-to-1-trillion-a-month/
roguedolphin: OT "Why is sit better to make coverage even costlier?"
Ans. So people will come to think that a one-payer system might be the solution.
**********
Very possible.
Obama's Unaffordable Deathcare Plan
If 50 million people are uninsured today, mainly because insurance is too expensive, why is it better to make coverage even costlier?
http://www.forbes.com/sites/theapothecary/2013/10/14/obamacares-website-is-crashing-because-it-doesnt-want-you-to-know-health-plans-true-costs/
Hi bbotcs,
Thank you for the personal message you sent regarding the passage of our beloved Lentinman. I was not aware of that till you alerted me.
I was leaving that weekend for vacation and recall hearing that story about the "Kansas City sports writer/blogger Martin Manley" suicide on the radio in the car practically every hour on the news break as it was the big story that day. I had no idea (?) back then this sportswriter was our long lost "Lentinman" from here on IHUB.
Just when you are convinced the world couldn't get any more crazy (?) or strange (?) and bizarre (?)...
..then we get this.
I am deeply saddened and shocked to sat the least. Me and Lentinman had epic debates on here over the years and I certainly respected his intellect on most all matters. I considered Lentinman to be THE sharpest and most brilliant mind on IHUB and he was certainly my favorite poster here. Except of course when he would be smothered with the facts other than his beliefs and call someone a "nutjob". I personally think the "nutjob" retort was just Len's "escape valve" from having to delve too deeply down the rabbit-hole on some of the most unsettling subjects I and others had delved into over the years. Len was no dummy that is for sure.
I know me and Lentinman both called the top in real estate almost to the day back in 2005 or 2006. And we both saw the value of gold and silver as a strategy for financial survival.
I truly wonder whether he did bury his gold /silver stash(?) and leave clues for us to decipher on his afterlife site to find that gold...
http://martinmanley.org/index2.html
...or is it really just a big joke on us? Once there was D.B. Cooper and now there is Martin Manley aka Lentinman!
All I can say right now is that he was one-of-a-kind that Lentinman and he was and will be missed.
RIP Lentinman
Sen Lindsey Graham has warned of a nuclear strike in S Carolina following the report by Alex Jones and Anthony Gucciardi about low key nuke transfer from Texas to South Carolina.
Published on Sep 5, 2013
Exclusive: High Level Source Confirms Secret US Nuclear Warhead Transfer
Anthony Gucciardi & Alex Jones
Infowars.com
September 3, 2013
A high level source inside the military has now confirmed to us that Dyess Air Force base is actively moving nuclear warheads to the East Coast of the United States in a secret transfer that has no paper trail...
http://www.infowars.com/exclusive-high-level-source-confirms-secret-us-nuclear-warhead-transfer-to-east-coast/
EXCELLENT article on the current world financial situation!
http://news.goldseek.com/GoldenJackass/1378408376.php
<Footnotes on Myths, Lies, Deceptions, Millstones
By: Jim Willie CB, GoldenJackass.com
-- Posted Thursday, 5 September 2013 | Share this article | Comment - New!
Many are the myths held so firm by the public. Many are the lies told so boldly by the leaders. Many are the millstones around the neck of the system that is fast losing its momentum. Many are the frauds committed routinely in full view. The entire US system is unraveling, myths exposed, lies contradicted, while the millstones weigh down the financial and economic system. The absent Gold Standard, the invalidity of money, the insolvency of banks, the toxic nature of sovereign debt, the illegitimate money, the intrusive debilitating central bank franchise system, these are grand millstones around the neck of the Western system. The current monetary policy is killing capital, a fact not observed by 5% of working economists, the harlots working closely to policy making. The nation is hurtling quickly toward systemic failure in every conceivable frame of light. A quick review should be revealing of myths, lies, deceptions, and millstones...
http://news.goldseek.com/GoldenJackass/1378408376.php
Albert Edwards Storms Out Of The Gate With Calls For 450 On The S&P, Sub-1% 10 Year, And $10,000 GOld
http://www.zerohedge.com/news/2013-08-29/albert-edwards-storms-out-gate-calls-450-sp-sub-1-10-year-and-10000-gold
U.S. HOUSING: A HOUSE OF CARDS?
Posted on August 26, 2013 by Denis Ouellet
http://www.news-to-use.com/2013/08/new-view-26-august-2013.html
All the Makings for a Major Top
By: Doug Noland | Fri, Aug 23, 2013
http://www.safehaven.com/article/30882/all-the-makings-for-a-major-top
Is Fukushima Radiation Contaminating Tuna, Salmon and Herring On the West Coast of North America?
http://www.zerohedge.com/contributed/2013-08-26/fukushima-radiation-contaminating-tuna-salmon-and-herring-west-coast-north-am