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Watch from 7:45 forward if you want to see true SOCIOPATHS. If this does not give you chills as to those in charge, and what they are capable of with NO thought or conscious, then you are also very sick indeed. Frightening times. Notice near end -- "INTERNATIONAL CURRENCY" -- for those prophecy LISTENERS actually paying attention.
Watch from 7:45 forward if you want to see true SOCIOPATHS. If this does not give you chills as to those in charge, and what they are capable of with NO thought or conscious, then you are also very sick indeed. Frightening times. Notice near end -- "INTERNATIONAL CURRENCY" -- for those prophecy LISTENERS actually paying attention.
Watch from 7:45 forward if you want to see true SOCIOPATHS. If this does not give you chills as to those in charge, and what they are capable of with NO thought or conscious, then you are also very sick indeed. Frightening times. Notice near end -- "INTERNATIONAL CURRENCY" -- for those prophecy LISTENERS actually paying attention.
Understood. Hope you understand that I'd rather be in the "twit" camp than the "delusional" one. It's that whole red pill, blue pill thing, I suppose, and it may turn into that "curiosity" one, which I think may be your ultimate point.
324 VIEWS. That says it all. No one cares anymore about anything beyond wanting to see pictures of Kardashian's baby and her figure, and picking up their welfare checks and food stamps. All is lost.
Seriously. How does Barry and company stack up against these statements. Please, let me know.
1. Liberals are repelled by war, and therefore believe that it should be used only when necessary.
NOTE -- Guantanamo remains open, warrant-less wiretapping continues, and drone strikes have accelerated, leading to the deaths of innocent civilians and a burst in support for anti-American forces in Yemen, Pakistan and Somalia. Instead of breaking with the Bush era, Obama has codified and permanently institutionalized the “war on terror” framework that has characterized American foreign policy since the September 11, 2001 attacks. And they have done all of this largely in secret, refusing to open up about how drone strikes are decided on.
At the University of Michigan, in 2012, Michael Hayden, former Central Intelligence Agency (CIA) director under President George W. Bush, said, “Obama came to embrace Bush’s positions. Both Bush and Obama said the country was at war. The enemy was al-Qaida. The war was global in nature. And the United States would have to take the fight to the enemy, wherever it may be.”
Hayden noted “targeted killings” had “increased under Obama.” They had gone up because he closed CIA “black site” prisons and ended torture of detainees. Capturing terror suspects for imprisonment became “politically dangerous,” so Obama took another route: he just decided to kill them all. (Of which, Hayden said: “I don’t morally oppose that.”)
2. Civil liberties are part and parcel of the rule of law in our country. They are written into our Constitution for very good reason. They include those proclaimed in our Bill of Rights, including freedom of the press, freedom of religion, freedom of speech, freedom of assembly, freedom against unreasonable searches and seizures, the right to a fair trial, and freedom from cruel or unusual punishment inflicted by government, among others.
NOTE -- Really? Not enough room to write about Executive Orders, DHS, NDAA, Drone killings, Treatment of Boston CITIZENS, and on and on and on. "Civil liberties" is a joke now, and what began under Shrub has been escalated under Barry.
3. Liberals believe in the part of our Declaration of Independence that says that everyone is entitled to “the pursuit of happiness”. Another way of saying this is that they believe that all Americans should have the opportunity for a fulfilling life. That means the right to health care, a decent education, a safe and healthy workplace, a healthful environment, a secure environment, and a place to live, among other things.
NOTE -- Another way of saying "ALL AMERICANS should have the opportunity for a fulfilling life," I suppose, is to say, "Everyone except those working hard and paying taxes; oh, and the right to a FULFILLING LIFE extends to illegal aliens and prisoners (over those pesky, tax-paying citizens).
4. Liberals believe in the rule of law. They understand that our Constitution forms the foundation for our legal system, and accordingly they believe it must be protected and fought for.
NOTE -- See all above. Write a book! From using political power to lock up someone like Zimmerman when the "law" clearly had no right to charge him, to "droning" citizens, to kicking in people's doors and abusing them, to forcing old people out of their homes in bare feet. There is NO rule of law under this current gov't anymore, and if you think so, once again, you are delusional.
How can you actually be happy to claim that title in defense of those in charge? You must truly be terrified of them, because you are not stupid. Most of the sheeple are actually "delusional." The fact that the gov't now knows they have 50% as mindless, controlled morons, and the other 50% as terrified, whipped and beat down puppets must mean the time is short, and all those end-time prophecies you do not believe in, will soon come to pass.
If you believe being effusive is the main mark of a liberal, then you are most deceived. Read this defense of "what a liberal is" and "why that is the proper path" for humanity to take, and as you do it, ask yourself where the current administration's words and actions fall on these things. Perhaps there is no "liberal" and "conservative" in political terms anymore. Perhaps there is only "elites" and non-elites."
Crazy old Ron Paul, while not on every issue, fell more squarely on being conservative on social issues and liberal on political ones, by the strict definitions. See where that got him. All he can do now is say, pretty accurately, "I told you so" and "Good luck with that!"
War and peace
Conservatives often accuse liberals of being “soft on defense”. Liberals are not soft on defense. When it comes to the defense of our nation they are every bit as vigilant as the most hard line conservative. For example, Franklin Delano Roosevelt, probably the most liberal President we’ve ever had, led our country successfully through World War II, the largest war ever fought.
Liberals are repelled by war, and therefore believe that it should be used only when necessary. They recognize and are very concerned about the ubiquitous death, carnage and destruction that result from war.
They therefore believe in international law as an important means of preventing war. The United Nations Charter contains the basic principles on this issue. With regard to the use of force, the UN Charter takes as its starting point Article 2(4), which prohibits any nation from using force against another. The charter allows for only two exceptions to this rule: when force is required in self-defense (Article 51) or when the Security Council authorizes the use of force to protect international peace and security (Chapter VII).
Civil liberties
Civil liberties are part and parcel of the rule of law in our country. They are written into our Constitution for very good reason. They include those proclaimed in our Bill of Rights, including freedom of the press, freedom of religion, freedom of speech, freedom of assembly, freedom against unreasonable searches and seizures, the right to a fair trial, and freedom from cruel or unusual punishment inflicted by government, among others. Without them we risk submitting to tyranny. Our Founding Fathers recognized this, which is why they put the Bill of Rights, the first Ten Amendments, into our Constitution shortly after it was ratified. Liberals recognize this, which is why they struggle to defend our civil liberties against infringement by conservatives.
Domestic economic policies
Liberals believe in the part of our Declaration of Independence that says that everyone is entitled to “the pursuit of happiness”. Another way of saying this is that they believe that all Americans should have the opportunity for a fulfilling life. That means the right to health care, a decent education, a safe and healthy workplace, a healthful environment, a secure environment, and a place to live, among other things.
In pursuit of all those things, liberals believe that government has an important role to play. Such a role can involve many things, including: the direct provision of jobs; subsidies for health care, education, and housing; laws that protect the right of labor to organize; placing limits on the rights of corporations to pollute our environment, form monopolies, subject workers to dangerous or unhealthy working conditions, or engage in loan sharking; social security laws to ensure a reasonably comfortable retirement; and financial help (in the form of a social safety net) to those who are unable to work.
All of these things are akin to FDR’s New Deal, which pulled our country out of the Great Depression, brought our country an unprecedented level of prosperity, and created a large middle class.
Yes, this all requires taxes. Conservatives call that “big government”. What it really is is responsible government – government responsive to the needs of the people who elect their government to serve them. If you want to call that “big government” then go ahead and call it that.
The rule of law
Liberals believe in the rule of law. They understand that our Constitution forms the foundation for our legal system, and accordingly they believe it must be protected and fought for.
If anyone can read these basic beliefs of true "liberals," and not have a laughing or choking fit as they think about Barry and company, then they are completely delusional.
That's fine and well, but each can choose to believe if they think there is enough credible evidence to prove that a man named Jesus lived, died, said basically what the Bible reports, and that he rose from the dead. I think there is.
So if someone -- the ONLY one in history -- rose from the dead and claimed to be God, the Creator of the universe, and He says that to accept Him as Savior and ask for His forgiveness is the ONLY way to get an eternal life in the place described as Heaven, that's where I want to place my FAITH. Others can choose many other paths, you are correct, and everyone, as long as they don't preach hate or harming others, should be treated kindly. But He also said to tell others. That's not "lording" it over them.
No one should say, "We'll I'm right, and you're going to Hell," even though I know some do in the wrong way. BUT, they should WARN others to at least investigate and consider the words of Jesus, because He said to. After that, to each his own. No one can convince anyone anyway. God must speak to them, or nothing will happen. Unfortunately, the world and "science" and "education" -- most taught from the mouths of atheists and agnostics -- have dulled the inner ears of our youth from little up, and there will come a time when no one's heart will be open to the message anymore. That's when the prophecies say we enter the final 7 year period, and you will know it by seeing a world leader emerge, a one world gov't and tolerance for only one "religion," and a one world currency, etc.
Hopefully, even those with hardened hearts will acknowledge this is more than coincidence at that point, and they will reconsider the words of Jesus on how to get to Heaven.
Apologies to ONEBGG for the religious post, but I see the relevancy, as it looks to me like the preparations for this last 7 year period are being set up rather nicely, and at a faster pace now, by the banksters and crooks in charge. They are the minions of the antichrist, whether they know it or not at this point.
Well, then we have a shi##y one!
It Is Happening Again: 18 Similarities Between The Last Financial Crisis And Today
http://www.thedailysheeple.com/it-is-happening-again-18-similarities-between-the-last-financial-crisis-and-today_072013
It Is Happening Again: 18 Similarities Between The Last Financial Crisis And Today
http://www.thedailysheeple.com/it-is-happening-again-18-similarities-between-the-last-financial-crisis-and-today_072013
1984? More evidence it's coming rapidly.
http://www.nytimes.com/2013/07/22/business/black-boxes-in-cars-a-question-of-privacy.html?pagewanted=1&_r=1&
1984? More evidence it's coming rapidly.
http://www.nytimes.com/2013/07/22/business/black-boxes-in-cars-a-question-of-privacy.html?pagewanted=1&_r=1&
1984? More evidence it's coming rapidly.
http://www.nytimes.com/2013/07/22/business/black-boxes-in-cars-a-question-of-privacy.html?pagewanted=1&_r=1&
If China drops the dollar, that will put a kink in their easy path and may just kick off a complete societal breakdown in the US. Unfortunately, I think that is what the NWO truly wants.
Bush-Cheney are twins with BHO and the used car salesman. They are NOTHING like Reagan was. In fact, they fought tooth and nail to stop Reagan from ever being elected. If they had succeeded, the dire place we now find ourselves would have happened about 15 years sooner. Reagan was not under the thumb and an integral part of the NWO like shrub and Barry.
Also, He said there was NO OTHER WAY to Heaven, except through Him. Does not sound like brokering together other religions either.
IF Jesus was a WISE man, as you say, then He HAD to be GOD as well, because that is what he claimed. He either was or was not. If not, then He was the furthest thing from wise -- insane.
Too much manipulation tied to the region, politics, powers that be, gold, oil, drugs, and on and on. If all the oil came from here, the gov't might lose total control through a couple of companies, and they LOVE TOTAL CONTROL more than life itself.
I'll bet they have knee burn from crawling under desks.
The liberal scum can spin this data any way they want, but those with 1/2 a brain KNOW the truth!
Put the dots together with a few highlights:
The number of people who identified as black, either alone or in combination with one or more other races, in the 2010 Census. They made up 13.6 percent of the total U.S. population. By the outcries from the MSM, you'd think they made up 40% of the population and the other 60% are gay! ALL BS BS BS!
52% -- Percent of the total population in the District of Columbia that was black in 2010. The crime-free capital of the world! I wonder how many of that 52% have guns not registered in their name?
84.3% -- Percent of the total population in Detroit, who identified as black, which is the highest percentage nationally among places with populations of 100,000 or more. The GRAND liberal experiment in all its bold GLORY! And now, they want to force this kind of result on the entire country!
79.2% -- Percentage of blacks that were covered by health insurance during all or part of 2010. WHY the big cry for Obamacare? Almost 80% on coverage, and probably FREE coverage at that! What are they bellyaching about???
http://www.census.gov/newsroom/releases/archives/facts_for_features_special_editions/cb12-ff01.html
The liberal scum can spin this data any way they want, but those with 1/2 a brain KNOW the truth!
Put the dots together with a few highlights:
The number of people who identified as black, either alone or in combination with one or more other races, in the 2010 Census. They made up 13.6 percent of the total U.S. population. By the outcries from the MSM, you'd think they made up 40% of the population and the other 60% are gay! ALL BS BS BS!
52% -- Percent of the total population in the District of Columbia that was black in 2010. The crime-free capital of the world! I wonder how many of that 52% have guns not registered in their name?
84.3% -- Percent of the total population in Detroit, who identified as black, which is the highest percentage nationally among places with populations of 100,000 or more. The GRAND liberal experiment in all its bold GLORY! And now, they want to force this kind of result on the entire country!
79.2% -- Percentage of blacks that were covered by health insurance during all or part of 2010. WHY the big cry for Obamacare? Almost 80% on coverage, and probably FREE coverage at that! What are they bellyaching about???
http://www.census.gov/newsroom/releases/archives/facts_for_features_special_editions/cb12-ff01.html
The liberal scum can spin this data any way they want, but those with 1/2 a brain KNOW the truth!
Put the dots together with a few highlights:
The number of people who identified as black, either alone or in combination with one or more other races, in the 2010 Census. They made up 13.6 percent of the total U.S. population. By the outcries from the MSM, you'd think they made up 40% of the population and the other 60% are gay! ALL BS BS BS!
52% -- Percent of the total population in the District of Columbia that was black in 2010. The crime-free capital of the world! I wonder how many of that 52% have guns not registered in their name?
84.3% -- Percent of the total population in Detroit, who identified as black, which is the highest percentage nationally among places with populations of 100,000 or more. The GRAND liberal experiment in all its bold GLORY! And now, they want to force this kind of result on the entire country!
79.2% -- Percentage of blacks that were covered by health insurance during all or part of 2010. WHY the big cry for Obamacare? Almost 80% on coverage, and probably FREE coverage at that! What are they bellyaching about???
http://www.census.gov/newsroom/releases/archives/facts_for_features_special_editions/cb12-ff01.html
12 Signs That The Decay Of Society Is Accelerating
What in the world is happening to America? All around us there are disturbing signs that the slow-motion collapse of society is accelerating. With each passing year, criminals seem to be getting more desperate and more twisted. Some of the sick things that some people are willing to do to their fellow human beings are simply beyond description. What kind of psychotic individual would hold elderly men captive for a decade in order to get their Social Security and veteran benefit checks? How depraved do you have to be before you are able to convince yourself to rape a 16-year-old girl and then throw her body off of a roof? What kind of heartless teens would pour gasoline on an innocent boy walking home from school and then set him on fire? The social decay that is eating away at our nation like cancer is starting to get a lot worse, and yet there are still lots of people out there that will flat out deny that society is collapsing. They have totally bought into the propaganda being pushed by the mainstream media, and they are fully convinced that things in America are actually getting better even though our communities are literally coming apart at the seams all around us. How much worse do things have to get before everyone finally is willing to admit that we have a major problem on our hands? The following are 12 signs that the decay of society is accelerating…
#1 Elderly Men Held In A “Dungeon” In Houston
Four elderly men in Houston were recently rescued from the “dungeon” that they were being held in. The goal of their captors was apparently to confiscate their Social Security and veteran benefits checks…
Four men found living in “deplorable conditions” in a Houston garage told police that they were being held captive after being lured by promises of alcohol and cigarettes so that their captor could cash their public-assistance checks, authorities said.
When police arrived at the place they were being held, they found that the doors had literally been nailed shut…
Around 8am Friday, a neighbor called 911, fearing there some was something suspicious going on in the home. Police say when they arrived they discovered four men living in some sort of converted garage without beds or even a restroom.
One by one, the alleged captives were taken away on stretchers. They’re sick, malnourished and confused. Police say they were being held in the home against their will — possibly for years.
“The doors were nailed shut, barred shut with small nails,” said HPD Sgt. JW McCoy. “One of them said they had been held there for up to 10 years. One of them said he’d been there a few years, and the other one didn’t know how long he’d been there.”
#2 The “Bash Mobs” Of Southern California
Over the past few years, “flash mob crimes” have become increasingly popular. According to the Los Angeles Times, police in Southern California are now calling these group crime waves “Bash Mobs” and they are deeply concerned about the surge in these types of events in recent days…
Organized “bash mob” crime rampages of roving groups attacking innocent people and businesses have been striking cities around the United States. Law enforcement agencies in Southern California have reported few similar problems — until now.
In the last several days, there have been several reports of such group crime waves in South L.A., Hollywood, San Bernardino and Victorville. Long Beach police are bracing for another one Friday.
These so-called bash mobs of “flash mob” crime waves are organized through social media and have been a problem in Chicago, Philadelphia and Washington.
#3 16-Year-Old Girl Raped, Thrown Off Roof
How sick do you have to be to rape a 16-year-old girl and then throw her off a roof?…
Police have arrested one man and are searching for a second suspect after they allegedly lured a 16-year-old girl to a Brooklyn roof, where they raped her before throwing her off, leaving her with serious injuries to her leg, arm and back, authorities said.
Authorities say the two men, ages 24 and 26, lured the teenage girl to the roof of a three-story building on Miller Avenue in East New York early Sunday.
They allegedly raped her and flung her off the roof after at least one of them tried to strangle her, police said.
#4 New York Man Robbed, Maced, Falls Off Roof To His Death
According to the New York Daily News, a 50-year-old Brooklyn man got much more than he was bargaining for when he was lured up to the roof of a four-story building with promises of sex…
A 50-year-old Brooklyn man who fell to his death from atop a four-story building was lured onto the roof by two women who had promised him sex, police sources said Thursday.
Instead of showing Robert Reichl a good time, the women led him into a trap shortly after midnight on Wednesday — and stole $2,000 in cash he had been carrying.
Three toughs were waiting on the roof of the building on Fourth Ave. near 47th St. in Sunset Park, the sources said, and at some point the men attacked Reichl.
One of them, Ruben Santiago, sprayed Reichl in the face with a chemical spray believed to be mace that caused the victim to reel back, lose his balance and fall off the rooftop, the source said.
#5 “Malicious Fecal Distribution”
Would you defecate next to someone else’s house? Would you do it multiple times?…
An Albuquerque, New Mexico, man was in for a vile surprise when he realized that a random woman has been defecating next to his house during her morning jogs. The bizarre and grotesque act — which has purportedly occurred at least four times — has been caught repeatedly on a security camera.
The homeowner, who wishes to remain anonymous and goes by the alias “Bobby,” went to local ABC affiliate KOAT-TV with the footage in an effort to try and track the woman down — or to, at the least, shame her into stopping the unsanitary antics.
#6 “Professional Liars” For Hire
According to CNN, there is a company called “Paladin Deception Services” that you can actually hire to tell lies for you…
Timothy Green, a 59-year-old former private detective, claims to run a company in Forest Lake, Minn., that will lie to anyone about anything.
Its name is Paladin Deception Services, and it advertises its services for $54 per month.
Green says customers run the gamut — from cheating spouses in need of alibis to people playing hooky from work. But the real demand comes from job seekers, making up more than 60% of what he says are its 250 to 300 monthly clients.
“We can replace a supervisor with a fictitious one, alter your work history, provide you with a positive employment reputation, and give you the glowing reference that you need,” Paladin’s website states.
#7 The Violence In Chicago Just Continues To Get Worse
The violent crime wave in Chicago is showing no signs of letting up. In fact, just check out what happened this weekend between Friday night and early Sunday…
Six men have been killed and at least another 17 people — including a 6-year-old girl — have been wounded in shootings across the city since Friday night.
#8 Store Clerk Beaten With A Baseball Bat Because The Store Was Out Of Extra Large Tank Top Shirts
It just doesn’t pay to be a store clerk in some neighborhoods these days. Many of them only make minimum wage, and the abuse that they take from some customers is terrible…
The 51-year-old clerk was behind the counter of the store when a man went into the store and asked the clerk if he had triple extra large sized tank top t-shirts, O’Brien said.
After the clerk told the man the store did not carry the item, the man pulled out a baseball bat and began beating the clerk, O’Brien said. After beating the clerk, the man fled with the bat.
Another merchant on the block said she saw the clerk run out after the man fled.
“He went out on the street to cry for help,’’ his body covered in blood, she said. “It was very unfortunate, very vicious.’’
#9 Serial Killer Murdering Women In Cleveland?
According to Fox News, law enforcement authorities in the Cleveland area are concerned that they may have uncovered the work of yet another serial killer…
The police chief of a Cleveland suburb told searchers Sunday that he believes there could be one or two more victims in addition to the three bodies found in the neighborhood earlier.
Police Chief Ralph Spotts told volunteers checking vacant houses to be alert for smells of rotting. He declined to elaborate on other possible victims. East Cleveland Mayor Gary Norton said authorities have a lot of reasons to suspect there are more, but he refused to say why.
Why does Cleveland seem to produce so many of these sickos?
#10 Tee-Ball Coach Stabbed In The Neck In Front Of Kids
Who in the world would try to kill a tee-ball coach in front of a bunch of children?…
A T-ball coach was stabbed in the neck just after a youth baseball game in Hoyne Park on Sunday, allegedly by a young ballplayer’s jealous father looking for his ex’s new boyfriend.
The coach suffered a severed artery and was listed in critical condition after surgery. Although the T-ball game had just ended, there were still players present during the attack, according to a person familiar with the incident.
Other children were arriving for the next game.
#11 New York Food Stamp Recipients Buying Food And Sending It Overseas?
According to a shocking article in the New York Post, many food stamp recipients in New York are buying food with their EBT cards and shipping it off to relatives in foreign countries…
Food stamps are paying for trans-Atlantic takeout — with New Yorkers using taxpayer-funded benefits to ship food to relatives in Jamaica, Haiti and the Dominican Republic.
Welfare recipients are buying groceries with their Electronic Benefit Transfer (EBT) cards and packing them in giant barrels for the trip overseas, The Post found.
The practice is so common that hundreds of 45- to 55-gallon cardboard and plastic barrels line the walls of supermarkets in almost every Caribbean corner of the city.
#12 Teens Pour Gasoline On Boy Walking Home From School And Set Him On Fire
As I have written about previously, something really seems to be wrong with American kids these days. For example, no normal kids would pour gasoline on a 13-year-old boy and light him on fire…
A 13-year-old boy who police say was doused with gasoline and lit on fire last week while walking home from school is recovering from first-degree burns to his face and head.
The boy was just two blocks from his home in Kansas City Tuesday when two teenagers began to follow him and then attacked him
And remember, right now the economy is still at least somewhat stable.
How much worse is the decay of society going to get once the economy really starts falling to pieces?
Desperate people do desperate things, and once all hope of an economic recovery is gone I believe that we are going to see a huge wave of crime and civil unrest in this nation.
And all of this comes at a time when police forces are being cut back all over the country. For example, as I wrote about the other day, the size of the police force in Detroit has been reduced by approximately 40 percent over the past ten years.
You can see some photos of the ruins of Detroit right here. Will hundreds of our cities eventually look like this?
America is changing, and not for the better. On a very basic level, people seem to be losing a sense of love and respect for their fellow human beings. If this continues, we will soon get to a point where many people will literally become afraid to interact with one another.
The thin veneer of civilization that we all take for granted is starting to disappear. Once it is gone, it will be incredibly difficult to get back.
http://www.thedailysheeple.com/12-signs-that-the-decay-of-society-is-accelerating_072013
12 Signs That The Decay Of Society Is Accelerating
What in the world is happening to America? All around us there are disturbing signs that the slow-motion collapse of society is accelerating. With each passing year, criminals seem to be getting more desperate and more twisted. Some of the sick things that some people are willing to do to their fellow human beings are simply beyond description. What kind of psychotic individual would hold elderly men captive for a decade in order to get their Social Security and veteran benefit checks? How depraved do you have to be before you are able to convince yourself to rape a 16-year-old girl and then throw her body off of a roof? What kind of heartless teens would pour gasoline on an innocent boy walking home from school and then set him on fire? The social decay that is eating away at our nation like cancer is starting to get a lot worse, and yet there are still lots of people out there that will flat out deny that society is collapsing. They have totally bought into the propaganda being pushed by the mainstream media, and they are fully convinced that things in America are actually getting better even though our communities are literally coming apart at the seams all around us. How much worse do things have to get before everyone finally is willing to admit that we have a major problem on our hands? The following are 12 signs that the decay of society is accelerating…
#1 Elderly Men Held In A “Dungeon” In Houston
Four elderly men in Houston were recently rescued from the “dungeon” that they were being held in. The goal of their captors was apparently to confiscate their Social Security and veteran benefits checks…
Four men found living in “deplorable conditions” in a Houston garage told police that they were being held captive after being lured by promises of alcohol and cigarettes so that their captor could cash their public-assistance checks, authorities said.
When police arrived at the place they were being held, they found that the doors had literally been nailed shut…
Around 8am Friday, a neighbor called 911, fearing there some was something suspicious going on in the home. Police say when they arrived they discovered four men living in some sort of converted garage without beds or even a restroom.
One by one, the alleged captives were taken away on stretchers. They’re sick, malnourished and confused. Police say they were being held in the home against their will — possibly for years.
“The doors were nailed shut, barred shut with small nails,” said HPD Sgt. JW McCoy. “One of them said they had been held there for up to 10 years. One of them said he’d been there a few years, and the other one didn’t know how long he’d been there.”
#2 The “Bash Mobs” Of Southern California
Over the past few years, “flash mob crimes” have become increasingly popular. According to the Los Angeles Times, police in Southern California are now calling these group crime waves “Bash Mobs” and they are deeply concerned about the surge in these types of events in recent days…
Organized “bash mob” crime rampages of roving groups attacking innocent people and businesses have been striking cities around the United States. Law enforcement agencies in Southern California have reported few similar problems — until now.
In the last several days, there have been several reports of such group crime waves in South L.A., Hollywood, San Bernardino and Victorville. Long Beach police are bracing for another one Friday.
These so-called bash mobs of “flash mob” crime waves are organized through social media and have been a problem in Chicago, Philadelphia and Washington.
#3 16-Year-Old Girl Raped, Thrown Off Roof
How sick do you have to be to rape a 16-year-old girl and then throw her off a roof?…
Police have arrested one man and are searching for a second suspect after they allegedly lured a 16-year-old girl to a Brooklyn roof, where they raped her before throwing her off, leaving her with serious injuries to her leg, arm and back, authorities said.
Authorities say the two men, ages 24 and 26, lured the teenage girl to the roof of a three-story building on Miller Avenue in East New York early Sunday.
They allegedly raped her and flung her off the roof after at least one of them tried to strangle her, police said.
#4 New York Man Robbed, Maced, Falls Off Roof To His Death
According to the New York Daily News, a 50-year-old Brooklyn man got much more than he was bargaining for when he was lured up to the roof of a four-story building with promises of sex…
A 50-year-old Brooklyn man who fell to his death from atop a four-story building was lured onto the roof by two women who had promised him sex, police sources said Thursday.
Instead of showing Robert Reichl a good time, the women led him into a trap shortly after midnight on Wednesday — and stole $2,000 in cash he had been carrying.
Three toughs were waiting on the roof of the building on Fourth Ave. near 47th St. in Sunset Park, the sources said, and at some point the men attacked Reichl.
One of them, Ruben Santiago, sprayed Reichl in the face with a chemical spray believed to be mace that caused the victim to reel back, lose his balance and fall off the rooftop, the source said.
#5 “Malicious Fecal Distribution”
Would you defecate next to someone else’s house? Would you do it multiple times?…
An Albuquerque, New Mexico, man was in for a vile surprise when he realized that a random woman has been defecating next to his house during her morning jogs. The bizarre and grotesque act — which has purportedly occurred at least four times — has been caught repeatedly on a security camera.
The homeowner, who wishes to remain anonymous and goes by the alias “Bobby,” went to local ABC affiliate KOAT-TV with the footage in an effort to try and track the woman down — or to, at the least, shame her into stopping the unsanitary antics.
#6 “Professional Liars” For Hire
According to CNN, there is a company called “Paladin Deception Services” that you can actually hire to tell lies for you…
Timothy Green, a 59-year-old former private detective, claims to run a company in Forest Lake, Minn., that will lie to anyone about anything.
Its name is Paladin Deception Services, and it advertises its services for $54 per month.
Green says customers run the gamut — from cheating spouses in need of alibis to people playing hooky from work. But the real demand comes from job seekers, making up more than 60% of what he says are its 250 to 300 monthly clients.
“We can replace a supervisor with a fictitious one, alter your work history, provide you with a positive employment reputation, and give you the glowing reference that you need,” Paladin’s website states.
#7 The Violence In Chicago Just Continues To Get Worse
The violent crime wave in Chicago is showing no signs of letting up. In fact, just check out what happened this weekend between Friday night and early Sunday…
Six men have been killed and at least another 17 people — including a 6-year-old girl — have been wounded in shootings across the city since Friday night.
#8 Store Clerk Beaten With A Baseball Bat Because The Store Was Out Of Extra Large Tank Top Shirts
It just doesn’t pay to be a store clerk in some neighborhoods these days. Many of them only make minimum wage, and the abuse that they take from some customers is terrible…
The 51-year-old clerk was behind the counter of the store when a man went into the store and asked the clerk if he had triple extra large sized tank top t-shirts, O’Brien said.
After the clerk told the man the store did not carry the item, the man pulled out a baseball bat and began beating the clerk, O’Brien said. After beating the clerk, the man fled with the bat.
Another merchant on the block said she saw the clerk run out after the man fled.
“He went out on the street to cry for help,’’ his body covered in blood, she said. “It was very unfortunate, very vicious.’’
#9 Serial Killer Murdering Women In Cleveland?
According to Fox News, law enforcement authorities in the Cleveland area are concerned that they may have uncovered the work of yet another serial killer…
The police chief of a Cleveland suburb told searchers Sunday that he believes there could be one or two more victims in addition to the three bodies found in the neighborhood earlier.
Police Chief Ralph Spotts told volunteers checking vacant houses to be alert for smells of rotting. He declined to elaborate on other possible victims. East Cleveland Mayor Gary Norton said authorities have a lot of reasons to suspect there are more, but he refused to say why.
Why does Cleveland seem to produce so many of these sickos?
#10 Tee-Ball Coach Stabbed In The Neck In Front Of Kids
Who in the world would try to kill a tee-ball coach in front of a bunch of children?…
A T-ball coach was stabbed in the neck just after a youth baseball game in Hoyne Park on Sunday, allegedly by a young ballplayer’s jealous father looking for his ex’s new boyfriend.
The coach suffered a severed artery and was listed in critical condition after surgery. Although the T-ball game had just ended, there were still players present during the attack, according to a person familiar with the incident.
Other children were arriving for the next game.
#11 New York Food Stamp Recipients Buying Food And Sending It Overseas?
According to a shocking article in the New York Post, many food stamp recipients in New York are buying food with their EBT cards and shipping it off to relatives in foreign countries…
Food stamps are paying for trans-Atlantic takeout — with New Yorkers using taxpayer-funded benefits to ship food to relatives in Jamaica, Haiti and the Dominican Republic.
Welfare recipients are buying groceries with their Electronic Benefit Transfer (EBT) cards and packing them in giant barrels for the trip overseas, The Post found.
The practice is so common that hundreds of 45- to 55-gallon cardboard and plastic barrels line the walls of supermarkets in almost every Caribbean corner of the city.
#12 Teens Pour Gasoline On Boy Walking Home From School And Set Him On Fire
As I have written about previously, something really seems to be wrong with American kids these days. For example, no normal kids would pour gasoline on a 13-year-old boy and light him on fire…
A 13-year-old boy who police say was doused with gasoline and lit on fire last week while walking home from school is recovering from first-degree burns to his face and head.
The boy was just two blocks from his home in Kansas City Tuesday when two teenagers began to follow him and then attacked him
And remember, right now the economy is still at least somewhat stable.
How much worse is the decay of society going to get once the economy really starts falling to pieces?
Desperate people do desperate things, and once all hope of an economic recovery is gone I believe that we are going to see a huge wave of crime and civil unrest in this nation.
And all of this comes at a time when police forces are being cut back all over the country. For example, as I wrote about the other day, the size of the police force in Detroit has been reduced by approximately 40 percent over the past ten years.
You can see some photos of the ruins of Detroit right here. Will hundreds of our cities eventually look like this?
America is changing, and not for the better. On a very basic level, people seem to be losing a sense of love and respect for their fellow human beings. If this continues, we will soon get to a point where many people will literally become afraid to interact with one another.
The thin veneer of civilization that we all take for granted is starting to disappear. Once it is gone, it will be incredibly difficult to get back.
http://www.thedailysheeple.com/12-signs-that-the-decay-of-society-is-accelerating_072013
12 Signs That The Decay Of Society Is Accelerating
What in the world is happening to America? All around us there are disturbing signs that the slow-motion collapse of society is accelerating. With each passing year, criminals seem to be getting more desperate and more twisted. Some of the sick things that some people are willing to do to their fellow human beings are simply beyond description. What kind of psychotic individual would hold elderly men captive for a decade in order to get their Social Security and veteran benefit checks? How depraved do you have to be before you are able to convince yourself to rape a 16-year-old girl and then throw her body off of a roof? What kind of heartless teens would pour gasoline on an innocent boy walking home from school and then set him on fire? The social decay that is eating away at our nation like cancer is starting to get a lot worse, and yet there are still lots of people out there that will flat out deny that society is collapsing. They have totally bought into the propaganda being pushed by the mainstream media, and they are fully convinced that things in America are actually getting better even though our communities are literally coming apart at the seams all around us. How much worse do things have to get before everyone finally is willing to admit that we have a major problem on our hands? The following are 12 signs that the decay of society is accelerating…
#1 Elderly Men Held In A “Dungeon” In Houston
Four elderly men in Houston were recently rescued from the “dungeon” that they were being held in. The goal of their captors was apparently to confiscate their Social Security and veteran benefits checks…
Four men found living in “deplorable conditions” in a Houston garage told police that they were being held captive after being lured by promises of alcohol and cigarettes so that their captor could cash their public-assistance checks, authorities said.
When police arrived at the place they were being held, they found that the doors had literally been nailed shut…
Around 8am Friday, a neighbor called 911, fearing there some was something suspicious going on in the home. Police say when they arrived they discovered four men living in some sort of converted garage without beds or even a restroom.
One by one, the alleged captives were taken away on stretchers. They’re sick, malnourished and confused. Police say they were being held in the home against their will — possibly for years.
“The doors were nailed shut, barred shut with small nails,” said HPD Sgt. JW McCoy. “One of them said they had been held there for up to 10 years. One of them said he’d been there a few years, and the other one didn’t know how long he’d been there.”
#2 The “Bash Mobs” Of Southern California
Over the past few years, “flash mob crimes” have become increasingly popular. According to the Los Angeles Times, police in Southern California are now calling these group crime waves “Bash Mobs” and they are deeply concerned about the surge in these types of events in recent days…
Organized “bash mob” crime rampages of roving groups attacking innocent people and businesses have been striking cities around the United States. Law enforcement agencies in Southern California have reported few similar problems — until now.
In the last several days, there have been several reports of such group crime waves in South L.A., Hollywood, San Bernardino and Victorville. Long Beach police are bracing for another one Friday.
These so-called bash mobs of “flash mob” crime waves are organized through social media and have been a problem in Chicago, Philadelphia and Washington.
#3 16-Year-Old Girl Raped, Thrown Off Roof
How sick do you have to be to rape a 16-year-old girl and then throw her off a roof?…
Police have arrested one man and are searching for a second suspect after they allegedly lured a 16-year-old girl to a Brooklyn roof, where they raped her before throwing her off, leaving her with serious injuries to her leg, arm and back, authorities said.
Authorities say the two men, ages 24 and 26, lured the teenage girl to the roof of a three-story building on Miller Avenue in East New York early Sunday.
They allegedly raped her and flung her off the roof after at least one of them tried to strangle her, police said.
#4 New York Man Robbed, Maced, Falls Off Roof To His Death
According to the New York Daily News, a 50-year-old Brooklyn man got much more than he was bargaining for when he was lured up to the roof of a four-story building with promises of sex…
A 50-year-old Brooklyn man who fell to his death from atop a four-story building was lured onto the roof by two women who had promised him sex, police sources said Thursday.
Instead of showing Robert Reichl a good time, the women led him into a trap shortly after midnight on Wednesday — and stole $2,000 in cash he had been carrying.
Three toughs were waiting on the roof of the building on Fourth Ave. near 47th St. in Sunset Park, the sources said, and at some point the men attacked Reichl.
One of them, Ruben Santiago, sprayed Reichl in the face with a chemical spray believed to be mace that caused the victim to reel back, lose his balance and fall off the rooftop, the source said.
#5 “Malicious Fecal Distribution”
Would you defecate next to someone else’s house? Would you do it multiple times?…
An Albuquerque, New Mexico, man was in for a vile surprise when he realized that a random woman has been defecating next to his house during her morning jogs. The bizarre and grotesque act — which has purportedly occurred at least four times — has been caught repeatedly on a security camera.
The homeowner, who wishes to remain anonymous and goes by the alias “Bobby,” went to local ABC affiliate KOAT-TV with the footage in an effort to try and track the woman down — or to, at the least, shame her into stopping the unsanitary antics.
#6 “Professional Liars” For Hire
According to CNN, there is a company called “Paladin Deception Services” that you can actually hire to tell lies for you…
Timothy Green, a 59-year-old former private detective, claims to run a company in Forest Lake, Minn., that will lie to anyone about anything.
Its name is Paladin Deception Services, and it advertises its services for $54 per month.
Green says customers run the gamut — from cheating spouses in need of alibis to people playing hooky from work. But the real demand comes from job seekers, making up more than 60% of what he says are its 250 to 300 monthly clients.
“We can replace a supervisor with a fictitious one, alter your work history, provide you with a positive employment reputation, and give you the glowing reference that you need,” Paladin’s website states.
#7 The Violence In Chicago Just Continues To Get Worse
The violent crime wave in Chicago is showing no signs of letting up. In fact, just check out what happened this weekend between Friday night and early Sunday…
Six men have been killed and at least another 17 people — including a 6-year-old girl — have been wounded in shootings across the city since Friday night.
#8 Store Clerk Beaten With A Baseball Bat Because The Store Was Out Of Extra Large Tank Top Shirts
It just doesn’t pay to be a store clerk in some neighborhoods these days. Many of them only make minimum wage, and the abuse that they take from some customers is terrible…
The 51-year-old clerk was behind the counter of the store when a man went into the store and asked the clerk if he had triple extra large sized tank top t-shirts, O’Brien said.
After the clerk told the man the store did not carry the item, the man pulled out a baseball bat and began beating the clerk, O’Brien said. After beating the clerk, the man fled with the bat.
Another merchant on the block said she saw the clerk run out after the man fled.
“He went out on the street to cry for help,’’ his body covered in blood, she said. “It was very unfortunate, very vicious.’’
#9 Serial Killer Murdering Women In Cleveland?
According to Fox News, law enforcement authorities in the Cleveland area are concerned that they may have uncovered the work of yet another serial killer…
The police chief of a Cleveland suburb told searchers Sunday that he believes there could be one or two more victims in addition to the three bodies found in the neighborhood earlier.
Police Chief Ralph Spotts told volunteers checking vacant houses to be alert for smells of rotting. He declined to elaborate on other possible victims. East Cleveland Mayor Gary Norton said authorities have a lot of reasons to suspect there are more, but he refused to say why.
Why does Cleveland seem to produce so many of these sickos?
#10 Tee-Ball Coach Stabbed In The Neck In Front Of Kids
Who in the world would try to kill a tee-ball coach in front of a bunch of children?…
A T-ball coach was stabbed in the neck just after a youth baseball game in Hoyne Park on Sunday, allegedly by a young ballplayer’s jealous father looking for his ex’s new boyfriend.
The coach suffered a severed artery and was listed in critical condition after surgery. Although the T-ball game had just ended, there were still players present during the attack, according to a person familiar with the incident.
Other children were arriving for the next game.
#11 New York Food Stamp Recipients Buying Food And Sending It Overseas?
According to a shocking article in the New York Post, many food stamp recipients in New York are buying food with their EBT cards and shipping it off to relatives in foreign countries…
Food stamps are paying for trans-Atlantic takeout — with New Yorkers using taxpayer-funded benefits to ship food to relatives in Jamaica, Haiti and the Dominican Republic.
Welfare recipients are buying groceries with their Electronic Benefit Transfer (EBT) cards and packing them in giant barrels for the trip overseas, The Post found.
The practice is so common that hundreds of 45- to 55-gallon cardboard and plastic barrels line the walls of supermarkets in almost every Caribbean corner of the city.
#12 Teens Pour Gasoline On Boy Walking Home From School And Set Him On Fire
As I have written about previously, something really seems to be wrong with American kids these days. For example, no normal kids would pour gasoline on a 13-year-old boy and light him on fire…
A 13-year-old boy who police say was doused with gasoline and lit on fire last week while walking home from school is recovering from first-degree burns to his face and head.
The boy was just two blocks from his home in Kansas City Tuesday when two teenagers began to follow him and then attacked him
And remember, right now the economy is still at least somewhat stable.
How much worse is the decay of society going to get once the economy really starts falling to pieces?
Desperate people do desperate things, and once all hope of an economic recovery is gone I believe that we are going to see a huge wave of crime and civil unrest in this nation.
And all of this comes at a time when police forces are being cut back all over the country. For example, as I wrote about the other day, the size of the police force in Detroit has been reduced by approximately 40 percent over the past ten years.
You can see some photos of the ruins of Detroit right here. Will hundreds of our cities eventually look like this?
America is changing, and not for the better. On a very basic level, people seem to be losing a sense of love and respect for their fellow human beings. If this continues, we will soon get to a point where many people will literally become afraid to interact with one another.
The thin veneer of civilization that we all take for granted is starting to disappear. Once it is gone, it will be incredibly difficult to get back.
http://www.thedailysheeple.com/12-signs-that-the-decay-of-society-is-accelerating_072013
Financial Systemic Breakdown imminent
Many are the signals of breakdown, in the financial system and the Gold market. The day is near for release
of gold from under the thumb of the criminal bankers. They can no longer operate in the shadows, recently in full view. The best information coming to my desk indicates that three major Western banks are under constant threat of failure overnight, every night, forcing extraordinary measures to avoid failure. They are Deutshe Bank in Germany, Barclays in London, and Citibank in New York. Judging from the ongoing defense from prosecution and cooperation (flipped) with Interpol and distraction of resources, the most likely bank to die next is Deutsche Bank. They are caught with accounting fraud and outright financial fraud over collateral shell games, pertaining to USTreasury Bonds, other sovereign bonds in Southern Europe, and OTC derivatives linked to FOREX currency contracts. Deutsche-Bank is a dead man walking.
The contagion that will hit is assured, since these three big banks are all interconnected, their positions intertwined, their fates tied like a common millstone around their necks. When they go down, and they will go down hard, the gaggle of Western financial firms (banks, investment banks, hedge funds, exchanges) will sink together into a sea of red ink, toxic swill, and more than a few orange jumpsuits. The legal route might be more likely a vanishing act, as hidden banker prisons have begun to be populated, very quietly, under extreme secrecy. Remember that since the great London gold drain last spring 2012, a new sheriff has been in town and hard at work. And he is taking bankers, mid-level bankers, the ones who know too much information, but who do not have the privileged high rank.
Every passing day brings the world closer to ruin, a necessary step for release of the cable lines from corrupted derivatives and basic hemp from futures contacts. The Wall Street traders (with their cocaine habits) and the Wall Street executive bankers (with their satanist rituals) are on the way out. On the other side is the release of gold from shackles over 20 years. A funny line was quipped, that people confuse the price of gold with the gold price. Meaning, people confuse what is offered as the COMEX gold price as being real. In any true market, the Price is set as the equilibrium point where Supply arrives to meet Demand, where Demand from customers clears Supply. Neither is present in today's gold market. Shortage is enormous. Even scrap supplies are near zero. Demand overwhelms available inventory. No equilibrium is remotely apparent. The Jackass thoroughly enjoys that COMEX gold ambushes executed by New York and London criminal class bankers, done with full impunity, done with full blessing, if not direct pleading by government finance ministries. The ambushes are done with execution aid by the central banks, reinforced by the wags in the financial press. The bankers indeed slit their own throats on stage in mid-April with the gold price ambush. In June, they castrated themselves with dull blades in full view on stage in the latest ambush. They have accelerated the Gold Supply drainage. They have magnified the Gold Demand worldwide. They have hastened the imminent COMEX & LBMA shutdown most assuredly.
The signals are mounting for systemic breakdown. They will not be elaborated upon here in any great detail, only listed, since so numerous. The details are provided in the Hat Trick Letter reports, lengthy and integrated, many of the dots connected as they say. Lately, the entire stories arriving on the newswires, the financial tickers, and the television sets seem like an amalgam from
Al Capone gangsters residing in Wall Street and USGovt officers
James Bond and the hidden syndicate, orchestrating car crashes and murders
Andromeda Strain, in a global war on engineered viruses disguised as vaccines.
The Day the Sun Stood Still, with fabricated hurricanes and targeted earthquakes
Invasion of the Body Snatchers, complete with Sandy Hook venue
Black Holes in formative stage on earth, from USTBonds and sovereign bonds
Alfred Hitchcock on suspense, as the bank failures and bail-ins cometh
Nightmare on Elm Street with Freddy Kruger, as martial law approaches
Manchurian Candidates in high office, in a succession of White House occupants.
But the collapse and nightmare and endless storm is our reality, somewhat an end product of the forced feeds in propaganda format. The signals are many and growing, even spreading to wider platforms and stages. The tragedy is that many people will lose life savings, duped to the end, demonstrating limited mental acuity. The required step is that certain markets go dark. My full expectation is that before the gold price is released to find the rightful $7000/oz price that comes, the entire gold market will turn into a fractured hidden chain of arenas, loosely connected and sparsely supplied. It will feature different prices and different availability. According to my sources, the process has already begun,.
THE DIVERSE SIGNALS OF BREAKDOWN
Negative GOFO gold forward rates: at They are the rates at which contributors are prepared to lend gold on a swap against USDollars. They provide a basis for some finance and loan agreements as well as for the settlement of gold Interest Rate Swaps. The most likely explanation is a run on allocated gold accounts within certain bullion banks, and a possible bankruptcy of a bullion bank. Next will come the Backwardized gold price stucture. Actually, Turk claims the London Bullion Market Assn website reports a gold backwardation right here, right now, as in today. The full-blown backwardation is predicted by Karen Hudes (formerly of World Bank) and by James Turk (founder of Gold Money).
Vanishing JPMorgan gold vault inventory: Since the April ambush event, the client partners of JPMorgue have been jumping ship. On a single day in early June, the JPMorgue upchucked a whopping 60% of its gold inventory. The date was June 11th. The news went unreported by the intrepid harlot clownish press. Between March and June, JPMorgue client accounts saw fit to remove a total of 13 metric tons (13,000 kg) of gold. They clearly have lost trust in the big bank, which is the object of criminal investigations and fraud and thefts on a monthly basis.
Raids on GLD gold inventory: The reductions to the GLD gold bar inventory match closely the Delivery volume on COMEX. The data is clear and more than a coincidence. The variation is often under a few percent in volume. The GLD exchange traded fund has earned a new label, the bullion central bank, assured for easy access by Wall Street banks. They short the GLD shares, then drag out the bars off the ramp overnight. The stupid clueless morons who invest in the GLD fund have to be the dumbest mammals on earth, behind whales and wallabies.
Arbitrage of Shanghai gold contract versus New York gold price: Actually a very intriguing statistic has popped up. Over the last 18 months, the correlation between the GLD gold outflows and the Shanghai gold price premium has reached about 80%. Such figures are not seen outside the scientific laboratories. Corruption does that. The finger is pointed at the Wall Street banks, which appear to be raiding the GLD gold inventory in obvious outright manner. The suspicion is therefore that New York banks are selling gold to China from GLD inventories. They would sell their mothers' livers.
Volume of USMint and Canadian Mint silver coin sales: The volume exceeds the silver mine output for the two nations by an estimated 25 million ounces for the current year. Therefore, all industrial North American silver demand is in deficit. The demand has seen a quantum jump up since the April market ambush, with no let-up. The USGovt had announced some rationing plans, but they are obligated by law to honor all customer orders. They must be importing the silver.
Growth in Chinese gold imports from Hong Kong: The growth is impressive. Just when the growth more than doubled in the past couple years, doubt rose of its continued path. Yet the growth rate is at 100% annual rate for year 2013. A picture truly is worth 1000 words, and tells the story. The months January through April in 2013 saw a total of 498.0 tons moved through Hong Kong, a 108% increase. The East continues to buy any and all supplies put before them. The greatest transfer of wealth in world history is underway. The West sells fraudulent bonds, while the East purchases Gold.
Huge growth in Indian gold demand: The known Indian gold imports are fast rising, coupled by tremendous cross-border smuggling, despite the central bank obstacles. Almost half the Indian trade deficit is linked to gold imports, in huge volumes. For the two months April and May, the cost of gold import purchases exceeded $15 billion. The single month of May trade saw a deficit for India of INR 1108, equal to US$19 billion. The 2Q2013 gold imports (over 250 tons) will be at least double from last year, despite new rules placed as obstacles. It is said that Indians will continue to buy gold for savings and weddings in spite of legal obstacles, just like Americans would continue to watch football games even if banned.
Advancement of the Eurasian Trade Zone: The organization and construction of the trade zone is led by Russia and China. It is being fortified by vast energy pipeline buildout. The flow of funds from the energy pipelines to China is being paid in the form of USTBonds to Russia. From there, the funds flow to London banks as part of the Rosneft buyout of the British Petroleum stake in Russian energy firms. Think return of USTBonds to sender, stuffing them down their throats. When Central Europe joins the trade zone, it is game over. Already, a network of heavy rail facilities runs from Russia to Germany. Few have noticed. The United States will be increasingly isolated.
Chinese Yuan Swap Facility proliferation: The developments started slowly back in 2007, with Brazil signing on. But in the last couple years, add Japan, Australia, Russia, and many more nations. The facility is being installed in England, with applications from France. The whopper lately is the Euro Central Bank requesting a $130 billion Yuan Swap line for facilitation of trade among the major banks. One must wonder if European leaders will soon turn their backs on the United States for bank leadership, foregoing the USDollar Swap for the Yuan Swap. The Jackass viewpoint is that the Swap Line is a precursor to a fully convertible Yuan currency and the open capital account. Then comes wide trade in Chinese Govt Bonds, which will replace USTreasury Bonds. Then comes the Gold-backed Yuan currency, which might be the temporary denomination of the Gold Trade Note, used in bilateral trade settlement in gold. Presto, a path to the new Gold Trade Standard!
The G-20 Meetings are defiant against the USDollar: They are led by the two superpowers Russia and China. The nuts & bolts of Gold Trade Settlement were to be worked on in Turkey during the June G-20 Meeting, but it was hi-jacked and interfered with by a gate crasher delegation from the panicky G-7 finance ministers. The September G-20 in Moscow will not permit any interference or uninvited guests. Barging in on Ankara is much easier than on Moscow. The agenda for three months among G-20 nations has been to put on fast track the development of the trade settlement alternative outside the USDollar sphere. It requires many important platforms for implementation. The day is near, and only awaits the collapse of the Western banking and currency system that rests atop the toxic bond foundation.
Turkey emerges as primary gold intermediary bank: The entire Iran sanction story has resulted in vast workarounds. One of the most important is the rise of Turkey as a gold bank intermediary. Two parties want to settle on trade, for crude oil or metal ore or foodstuffs or cars or home electronics. They wish to settle on a net basis outside the typical USDollar framework. Turkey provides the necessary gold bullion to settle the trade transactions. They are working toward facilitation of Gold Trade Settlement.
BRICS Development Fund described in disguise: It poses as fund for infrastructure, but really will become the processing plant for converting USTreasury Bonds into Gold bullion for the emerging nations, in possession of outsized reserves in toxic FOREX paper. The common story told is to fund a railroad in Tanzania, indeed a true story but totally misdirected emphasis. Their Emergency Fund is already funded by $200 billion. Next the Development Fund will be filled, like a giant war chest. It might have a few $billion spent on connecting railroads or highways in designated African locations. But its real purpose, according to my source close to its design, is to process toxic USTBonds and direct the purchase of Gold bullion. The fund in time will serve as the Gold Trade Central Bank, and will issue Gold Trade Notes in replacement of the Letters of Credit based in crumbling fiat paper currencies.
Allocated Gold Account frauds: The Jackass must boast as being the first analyst back in 2011 to openly mention the revealed frauds of thousands of tons of improperly used, leased, and confiscated gold accounts under contracted storage. Thanks to The Voice, my source of the tip. The center of the fraud is Switzerland. The initial hint of pervasive fraud came with the Venezuelan demand for return of gold held in London. The previous demand by Mexico was completely suffocated and dissolved in a mass of convoluted paper. When Germany joined the demand for repatriation of allocated gold on account, the firestorm reached a critical temperature. The New York Fed rebuffed German Parliament officials at the door, when they wished to inspect their gold on account. A required Mali War ensued to replace the missing gold bullion and to raid the West African nation, where Islamic terrorists have been conveniently sighted by PsyOps staff members. The Swiss bullion banks receive fresh exposures on a monthly basis for Allocated Gold Account improprieties, often from Egon von Greyez, the brave gold war veteran, the defender of true wealth, the caped crusader of gold. The wealthy of Europe have begun an insurrection against bullion bankers, seeking redemption of their gold held on account. The gold is largely gone. Heads will roll.
Death of King Abdullah and sunset of Petro-Dollar: Someday will be revealed the death of Abdullah, which many expert analysts (not the State Dept clowns or Wall Street harlots) expect will result in the fall of the House of Saud. Accompanying his death will be the demise of the Petro-Dollar, which has served as the critical foundation for the USDollar for 40 years. Actually, a new energy cartel is forming. It is the current powerful new force emerging as the Natural Gas Coop, with key players Gazprom of Russia, Qatar and Iran in the Persian Gulf (strange bedfellows), Turkmenistan, and Israel.
Growing Eastern energy pipelines: Called Pipeline-STAN by some analysts like Pepe Escobar, an excellent analyst whose work appears on Asia Times, featured on the Hat Trick Letter. A key pipeline through Syria is called the Shiite Pipeline by the Jackass. The big new pipeline with conflict and controversy is the Iran-Pakistan pipeline. The USGovt is trying to play the same losing game, by banning banks that cooperate with its funded construction. But China has entered the fray, guaranteeing its full funding. Pakistan is no longer friendly to the United States, not after thousands of civilian deaths by USMilitary drones. Russia is the chief architect of energy pipelines, for natural gas, for crude oil. They will supply Europe and Britain, and thus turn the alliances of Europe eastward toward Russia. The United States will be increasingly isolated.
Movement by Israel away from the US fold: The tiny nation is fast entering into a Russian alliance, starting with the Tamor floating as platform, extending into hidden deals with Putin of Russia. The Tamor natural gas output is under contract to Gazprom, a giant surplus assuring significant capital inflow to their economy. Also, a notable number of Israeli immigrants are of Russian descent, estimated between 25% and 40%, maybe higher. The nation might sound like a US partner in the Syria battles, but not so, not really.
Fast rising long-term USTreasury Bond yields: Rising loan rates will certain torpedo the US housing market. The market is being upheld (held up) by the Wall Street banks and their devoted private equity funds, which together are gobbling up large packages of REO bank property tranches, otherwise known as foreclosed homes. For several months, if not a couple years, the US housing market prices have excluded the off-market bank sales to unload inventory out the bank back doors. The home price data is more corrupted than the price inflation data or the Wall Street bank profit statements or the official gold accounting by the USGovt. As much as the housing market is vulnerable to rising rates, the bank derivatives such as the infamous Interest Rate Swap contracts lie in the danger zone. They react very badly, with $trillion losses, whenever the long-term rates move just a moderate amount. Between August 2012 and April 2013, the 10-year USTreasury yield had been fluctuating from 1.6% to 2.0% in firmly controlled fashion. However, since May all hell has broken loose. This week, the reported TNX yield has zipped to 2.7% and come back to 2.55% in highly dangerous fashion. Expect major losses in IRSwaps very soon.
Official gold holdings by Russia & China: The word is slowly getting out. China owns well over 10,000 tons of gold bullion in reserves. They have been accumulating at a feverish pace since the 2008 Lehman bust. Actually they have been accumulating probably since they were refused the return of the Mao Tse-Tung era gold from the 1999 lease by Wall Street. The Manhattan crew reneged on the deal, letting it be known in 2007. The Chinese earned the Most Favored Nation status before the millennium change by leasing out a large block of gold reserves. The US betrayed them on the deal, to be sure standard fare for the American Nazis. The Beijing leaders decided five years ago to pursue Gold, and overturn the United States with their armada of paper mache craftsmen and bankers dedicated to espionage and hegemony. As footnote, my source informs that under the Kremlin lies perhaps 20,000 tons of gold in reserves. They have gold as old as the Vatican. The Eastern Orthodox has a large contingency in Moscow. The Russia & China tagteam are fed up with the Anglo-American monetary wars. Power is moving eastward with the gold. A new chapter cometh.
Bernanke Live Stress Test: The hack economist, whose PhD thesis has been proved false by the Bernanke Fed itself and the endless QE to Infinity, really needs a new nickname. Helicopter Ben no longer fits, since his helicopter has been dedicated within Wall Street walls, surely not to Main Street businesses or US households. How about Big Ben of the Matrix? Or Ben the Wrecking Ball? The Jackass has been firm since summer 2009 that the USFed would not escape the 0% bound on interest rates, that the USFed would slip into QE on a permanent basis, that the USFed would be stuck with ZIRP and QE forever, that the USFed would cause a global financial collapse if they tried to hike rates and return to a normal monetary policy. The Live Stress Test conducted in May and June proved by point. Next comes the derivative accidents, the beaching of the next London Whale, the arrival of more spectacular JPMorguen derivative losses, the contagion caused by a Deutsche Bank that drops dead.
Tide turning against US leadership: The seminal defeat occurred in the wake of the Lehman Brothers failure, the New York bank insolvency, the FASB accounting fraud blessing, and the major blemish to the USFed since the breakdown occurred on their watch. Last month, the British high court ruled against the London bankers to remove sanctions against Bank Mellat, the largest private Iranian bank. Next come damage claims by the bank. The momentum has shifted. Even the onerous FACTA regulations on bank account disclosure ordered by the USGovt have been repealed.
Egypt coup d'etat is a global game changer: The Cairo leadership folded, new military power imposed, in response to rising food prices, not reported properly. Very little in political factors were at play. The ugly side effect of three years in printing money by the USFed has been to lift the entire global cost structure. The softest flank is Arab food prices. The Arabs are infamous for spending a whopping 80% of income on food. Without energy reserves, they appear to have nil skill in developing an economy without a USMilitary base on the scene. Natives in the US had been spending 15% on food until a few years ago, by comparison. The US will catch up to the Third World ratio, as it enters the Third World. The Arab Spring is not about politics, as much as rising food prices, the principal cause of revolution over the centuries. The photo from Tahrir Square in Cairo Egypt shows masses. They are very unhappy, especially with USGovt policies, both on monetary policy and on support of insurrections.
Snowden and the USGovt spying data: The young man Snowden operates as the front man stage hand in a global chess game of espionage, terrorism, embassy abuse, financial subterfuge, financial shenanigans, and much more to come. He is a kid, not a big player. He is put forward as a pawn chess piece, with heavyweight supporters. The key is knowing that 50 back doors remain open, available, with regular passage in the next few months in the vast US security databases. What will be revealed is a cornucopia of vile slimy vicious American and British directives, movements, attacks, and projects that can no longer be kept hidden behind the curtains. A vast conflict has emerged in the United States between psychopathic bad spooks and good security professionals, simply put. The lid is off. The fur will fly. The US & UK will be on the extreme defensive for nasty revealed deeds for some time to come, as stories are pried out and leaked on a systematic basis. The presentation of Snowden as a key veteran knowledgeable player is highly amusing. He is a kid whose career resume is almost as sketchy as the leader of the US land.
SIMPLE CONCLUSION:
All the above dire signals paint a picture of a collapsing financial system, of major Western banks folding like the house of cards they are, of a global revolt against the USDollar, of an unsustainable system. The events will finally result in a release of Gold from a corrupt stranglehold. The beneficiary will be the Gold & Silver prices. A grand reset is in progress. The paper wealth of the Western world is undergoing a disappearing act. The Paradigm Shift has been in progress for the last four to five years. The banking system will be restored only by return of Gold as money, with Gold placed at the center of the global financial system. Unfortunately for Western interests, the movement led by Russia and China for a trade zone and gold trade settlement will trump the Western gamers. The Eastern solution overturns the entire system with center in the New York and London crime syndicates, holed up in big bank fortresses. The Eastern solution avoids the USDollar and the entire FOREX system. It will be built upon gold trade settlement, will issue Gold Trade Notes to function like Letters of Credit, will operate as peer to peer instead of passing through the monolith banks, and will be conducted on portable devices like Smartphones and Blackberrys.
The USGovt might next ban the usage of portable telephone devices with internet capability, and deem them as terrorist tools of mass destruction. The truth of the matter is that the USDollar and its obverse USTreasury Bond are the greatest devices of mass financial destruction in the modern history of mankind. Departing from the Gold Standard in 1971 will prove to be the root cause of a global collapse. The destruction to the US system was assured by repeal of the Glass-Steagall Act. The solution to the bank collapse is the Gold Standard, which will arrive through the trade channels, not the big dead corrupt insolvent banks, and not through the corrupted FOREX tables with links to every type of fraudulent tether imaginable. Watch for the birth of the Gold Trade Standard, as history is to be made.
http://jerseylibertarian.blogspot.com/2013/07/golden-jackass-financial-systemic.html
Financial Systemic Breakdown imminent
Many are the signals of breakdown, in the financial system and the Gold market. The day is near for release
of gold from under the thumb of the criminal bankers. They can no longer operate in the shadows, recently in full view. The best information coming to my desk indicates that three major Western banks are under constant threat of failure overnight, every night, forcing extraordinary measures to avoid failure. They are Deutshe Bank in Germany, Barclays in London, and Citibank in New York. Judging from the ongoing defense from prosecution and cooperation (flipped) with Interpol and distraction of resources, the most likely bank to die next is Deutsche Bank. They are caught with accounting fraud and outright financial fraud over collateral shell games, pertaining to USTreasury Bonds, other sovereign bonds in Southern Europe, and OTC derivatives linked to FOREX currency contracts. Deutsche-Bank is a dead man walking.
The contagion that will hit is assured, since these three big banks are all interconnected, their positions intertwined, their fates tied like a common millstone around their necks. When they go down, and they will go down hard, the gaggle of Western financial firms (banks, investment banks, hedge funds, exchanges) will sink together into a sea of red ink, toxic swill, and more than a few orange jumpsuits. The legal route might be more likely a vanishing act, as hidden banker prisons have begun to be populated, very quietly, under extreme secrecy. Remember that since the great London gold drain last spring 2012, a new sheriff has been in town and hard at work. And he is taking bankers, mid-level bankers, the ones who know too much information, but who do not have the privileged high rank.
Every passing day brings the world closer to ruin, a necessary step for release of the cable lines from corrupted derivatives and basic hemp from futures contacts. The Wall Street traders (with their cocaine habits) and the Wall Street executive bankers (with their satanist rituals) are on the way out. On the other side is the release of gold from shackles over 20 years. A funny line was quipped, that people confuse the price of gold with the gold price. Meaning, people confuse what is offered as the COMEX gold price as being real. In any true market, the Price is set as the equilibrium point where Supply arrives to meet Demand, where Demand from customers clears Supply. Neither is present in today's gold market. Shortage is enormous. Even scrap supplies are near zero. Demand overwhelms available inventory. No equilibrium is remotely apparent. The Jackass thoroughly enjoys that COMEX gold ambushes executed by New York and London criminal class bankers, done with full impunity, done with full blessing, if not direct pleading by government finance ministries. The ambushes are done with execution aid by the central banks, reinforced by the wags in the financial press. The bankers indeed slit their own throats on stage in mid-April with the gold price ambush. In June, they castrated themselves with dull blades in full view on stage in the latest ambush. They have accelerated the Gold Supply drainage. They have magnified the Gold Demand worldwide. They have hastened the imminent COMEX & LBMA shutdown most assuredly.
The signals are mounting for systemic breakdown. They will not be elaborated upon here in any great detail, only listed, since so numerous. The details are provided in the Hat Trick Letter reports, lengthy and integrated, many of the dots connected as they say. Lately, the entire stories arriving on the newswires, the financial tickers, and the television sets seem like an amalgam from
Al Capone gangsters residing in Wall Street and USGovt officers
James Bond and the hidden syndicate, orchestrating car crashes and murders
Andromeda Strain, in a global war on engineered viruses disguised as vaccines.
The Day the Sun Stood Still, with fabricated hurricanes and targeted earthquakes
Invasion of the Body Snatchers, complete with Sandy Hook venue
Black Holes in formative stage on earth, from USTBonds and sovereign bonds
Alfred Hitchcock on suspense, as the bank failures and bail-ins cometh
Nightmare on Elm Street with Freddy Kruger, as martial law approaches
Manchurian Candidates in high office, in a succession of White House occupants.
But the collapse and nightmare and endless storm is our reality, somewhat an end product of the forced feeds in propaganda format. The signals are many and growing, even spreading to wider platforms and stages. The tragedy is that many people will lose life savings, duped to the end, demonstrating limited mental acuity. The required step is that certain markets go dark. My full expectation is that before the gold price is released to find the rightful $7000/oz price that comes, the entire gold market will turn into a fractured hidden chain of arenas, loosely connected and sparsely supplied. It will feature different prices and different availability. According to my sources, the process has already begun,.
THE DIVERSE SIGNALS OF BREAKDOWN
Negative GOFO gold forward rates: at They are the rates at which contributors are prepared to lend gold on a swap against USDollars. They provide a basis for some finance and loan agreements as well as for the settlement of gold Interest Rate Swaps. The most likely explanation is a run on allocated gold accounts within certain bullion banks, and a possible bankruptcy of a bullion bank. Next will come the Backwardized gold price stucture. Actually, Turk claims the London Bullion Market Assn website reports a gold backwardation right here, right now, as in today. The full-blown backwardation is predicted by Karen Hudes (formerly of World Bank) and by James Turk (founder of Gold Money).
Vanishing JPMorgan gold vault inventory: Since the April ambush event, the client partners of JPMorgue have been jumping ship. On a single day in early June, the JPMorgue upchucked a whopping 60% of its gold inventory. The date was June 11th. The news went unreported by the intrepid harlot clownish press. Between March and June, JPMorgue client accounts saw fit to remove a total of 13 metric tons (13,000 kg) of gold. They clearly have lost trust in the big bank, which is the object of criminal investigations and fraud and thefts on a monthly basis.
Raids on GLD gold inventory: The reductions to the GLD gold bar inventory match closely the Delivery volume on COMEX. The data is clear and more than a coincidence. The variation is often under a few percent in volume. The GLD exchange traded fund has earned a new label, the bullion central bank, assured for easy access by Wall Street banks. They short the GLD shares, then drag out the bars off the ramp overnight. The stupid clueless morons who invest in the GLD fund have to be the dumbest mammals on earth, behind whales and wallabies.
Arbitrage of Shanghai gold contract versus New York gold price: Actually a very intriguing statistic has popped up. Over the last 18 months, the correlation between the GLD gold outflows and the Shanghai gold price premium has reached about 80%. Such figures are not seen outside the scientific laboratories. Corruption does that. The finger is pointed at the Wall Street banks, which appear to be raiding the GLD gold inventory in obvious outright manner. The suspicion is therefore that New York banks are selling gold to China from GLD inventories. They would sell their mothers' livers.
Volume of USMint and Canadian Mint silver coin sales: The volume exceeds the silver mine output for the two nations by an estimated 25 million ounces for the current year. Therefore, all industrial North American silver demand is in deficit. The demand has seen a quantum jump up since the April market ambush, with no let-up. The USGovt had announced some rationing plans, but they are obligated by law to honor all customer orders. They must be importing the silver.
Growth in Chinese gold imports from Hong Kong: The growth is impressive. Just when the growth more than doubled in the past couple years, doubt rose of its continued path. Yet the growth rate is at 100% annual rate for year 2013. A picture truly is worth 1000 words, and tells the story. The months January through April in 2013 saw a total of 498.0 tons moved through Hong Kong, a 108% increase. The East continues to buy any and all supplies put before them. The greatest transfer of wealth in world history is underway. The West sells fraudulent bonds, while the East purchases Gold.
Huge growth in Indian gold demand: The known Indian gold imports are fast rising, coupled by tremendous cross-border smuggling, despite the central bank obstacles. Almost half the Indian trade deficit is linked to gold imports, in huge volumes. For the two months April and May, the cost of gold import purchases exceeded $15 billion. The single month of May trade saw a deficit for India of INR 1108, equal to US$19 billion. The 2Q2013 gold imports (over 250 tons) will be at least double from last year, despite new rules placed as obstacles. It is said that Indians will continue to buy gold for savings and weddings in spite of legal obstacles, just like Americans would continue to watch football games even if banned.
Advancement of the Eurasian Trade Zone: The organization and construction of the trade zone is led by Russia and China. It is being fortified by vast energy pipeline buildout. The flow of funds from the energy pipelines to China is being paid in the form of USTBonds to Russia. From there, the funds flow to London banks as part of the Rosneft buyout of the British Petroleum stake in Russian energy firms. Think return of USTBonds to sender, stuffing them down their throats. When Central Europe joins the trade zone, it is game over. Already, a network of heavy rail facilities runs from Russia to Germany. Few have noticed. The United States will be increasingly isolated.
Chinese Yuan Swap Facility proliferation: The developments started slowly back in 2007, with Brazil signing on. But in the last couple years, add Japan, Australia, Russia, and many more nations. The facility is being installed in England, with applications from France. The whopper lately is the Euro Central Bank requesting a $130 billion Yuan Swap line for facilitation of trade among the major banks. One must wonder if European leaders will soon turn their backs on the United States for bank leadership, foregoing the USDollar Swap for the Yuan Swap. The Jackass viewpoint is that the Swap Line is a precursor to a fully convertible Yuan currency and the open capital account. Then comes wide trade in Chinese Govt Bonds, which will replace USTreasury Bonds. Then comes the Gold-backed Yuan currency, which might be the temporary denomination of the Gold Trade Note, used in bilateral trade settlement in gold. Presto, a path to the new Gold Trade Standard!
The G-20 Meetings are defiant against the USDollar: They are led by the two superpowers Russia and China. The nuts & bolts of Gold Trade Settlement were to be worked on in Turkey during the June G-20 Meeting, but it was hi-jacked and interfered with by a gate crasher delegation from the panicky G-7 finance ministers. The September G-20 in Moscow will not permit any interference or uninvited guests. Barging in on Ankara is much easier than on Moscow. The agenda for three months among G-20 nations has been to put on fast track the development of the trade settlement alternative outside the USDollar sphere. It requires many important platforms for implementation. The day is near, and only awaits the collapse of the Western banking and currency system that rests atop the toxic bond foundation.
Turkey emerges as primary gold intermediary bank: The entire Iran sanction story has resulted in vast workarounds. One of the most important is the rise of Turkey as a gold bank intermediary. Two parties want to settle on trade, for crude oil or metal ore or foodstuffs or cars or home electronics. They wish to settle on a net basis outside the typical USDollar framework. Turkey provides the necessary gold bullion to settle the trade transactions. They are working toward facilitation of Gold Trade Settlement.
BRICS Development Fund described in disguise: It poses as fund for infrastructure, but really will become the processing plant for converting USTreasury Bonds into Gold bullion for the emerging nations, in possession of outsized reserves in toxic FOREX paper. The common story told is to fund a railroad in Tanzania, indeed a true story but totally misdirected emphasis. Their Emergency Fund is already funded by $200 billion. Next the Development Fund will be filled, like a giant war chest. It might have a few $billion spent on connecting railroads or highways in designated African locations. But its real purpose, according to my source close to its design, is to process toxic USTBonds and direct the purchase of Gold bullion. The fund in time will serve as the Gold Trade Central Bank, and will issue Gold Trade Notes in replacement of the Letters of Credit based in crumbling fiat paper currencies.
Allocated Gold Account frauds: The Jackass must boast as being the first analyst back in 2011 to openly mention the revealed frauds of thousands of tons of improperly used, leased, and confiscated gold accounts under contracted storage. Thanks to The Voice, my source of the tip. The center of the fraud is Switzerland. The initial hint of pervasive fraud came with the Venezuelan demand for return of gold held in London. The previous demand by Mexico was completely suffocated and dissolved in a mass of convoluted paper. When Germany joined the demand for repatriation of allocated gold on account, the firestorm reached a critical temperature. The New York Fed rebuffed German Parliament officials at the door, when they wished to inspect their gold on account. A required Mali War ensued to replace the missing gold bullion and to raid the West African nation, where Islamic terrorists have been conveniently sighted by PsyOps staff members. The Swiss bullion banks receive fresh exposures on a monthly basis for Allocated Gold Account improprieties, often from Egon von Greyez, the brave gold war veteran, the defender of true wealth, the caped crusader of gold. The wealthy of Europe have begun an insurrection against bullion bankers, seeking redemption of their gold held on account. The gold is largely gone. Heads will roll.
Death of King Abdullah and sunset of Petro-Dollar: Someday will be revealed the death of Abdullah, which many expert analysts (not the State Dept clowns or Wall Street harlots) expect will result in the fall of the House of Saud. Accompanying his death will be the demise of the Petro-Dollar, which has served as the critical foundation for the USDollar for 40 years. Actually, a new energy cartel is forming. It is the current powerful new force emerging as the Natural Gas Coop, with key players Gazprom of Russia, Qatar and Iran in the Persian Gulf (strange bedfellows), Turkmenistan, and Israel.
Growing Eastern energy pipelines: Called Pipeline-STAN by some analysts like Pepe Escobar, an excellent analyst whose work appears on Asia Times, featured on the Hat Trick Letter. A key pipeline through Syria is called the Shiite Pipeline by the Jackass. The big new pipeline with conflict and controversy is the Iran-Pakistan pipeline. The USGovt is trying to play the same losing game, by banning banks that cooperate with its funded construction. But China has entered the fray, guaranteeing its full funding. Pakistan is no longer friendly to the United States, not after thousands of civilian deaths by USMilitary drones. Russia is the chief architect of energy pipelines, for natural gas, for crude oil. They will supply Europe and Britain, and thus turn the alliances of Europe eastward toward Russia. The United States will be increasingly isolated.
Movement by Israel away from the US fold: The tiny nation is fast entering into a Russian alliance, starting with the Tamor floating as platform, extending into hidden deals with Putin of Russia. The Tamor natural gas output is under contract to Gazprom, a giant surplus assuring significant capital inflow to their economy. Also, a notable number of Israeli immigrants are of Russian descent, estimated between 25% and 40%, maybe higher. The nation might sound like a US partner in the Syria battles, but not so, not really.
Fast rising long-term USTreasury Bond yields: Rising loan rates will certain torpedo the US housing market. The market is being upheld (held up) by the Wall Street banks and their devoted private equity funds, which together are gobbling up large packages of REO bank property tranches, otherwise known as foreclosed homes. For several months, if not a couple years, the US housing market prices have excluded the off-market bank sales to unload inventory out the bank back doors. The home price data is more corrupted than the price inflation data or the Wall Street bank profit statements or the official gold accounting by the USGovt. As much as the housing market is vulnerable to rising rates, the bank derivatives such as the infamous Interest Rate Swap contracts lie in the danger zone. They react very badly, with $trillion losses, whenever the long-term rates move just a moderate amount. Between August 2012 and April 2013, the 10-year USTreasury yield had been fluctuating from 1.6% to 2.0% in firmly controlled fashion. However, since May all hell has broken loose. This week, the reported TNX yield has zipped to 2.7% and come back to 2.55% in highly dangerous fashion. Expect major losses in IRSwaps very soon.
Official gold holdings by Russia & China: The word is slowly getting out. China owns well over 10,000 tons of gold bullion in reserves. They have been accumulating at a feverish pace since the 2008 Lehman bust. Actually they have been accumulating probably since they were refused the return of the Mao Tse-Tung era gold from the 1999 lease by Wall Street. The Manhattan crew reneged on the deal, letting it be known in 2007. The Chinese earned the Most Favored Nation status before the millennium change by leasing out a large block of gold reserves. The US betrayed them on the deal, to be sure standard fare for the American Nazis. The Beijing leaders decided five years ago to pursue Gold, and overturn the United States with their armada of paper mache craftsmen and bankers dedicated to espionage and hegemony. As footnote, my source informs that under the Kremlin lies perhaps 20,000 tons of gold in reserves. They have gold as old as the Vatican. The Eastern Orthodox has a large contingency in Moscow. The Russia & China tagteam are fed up with the Anglo-American monetary wars. Power is moving eastward with the gold. A new chapter cometh.
Bernanke Live Stress Test: The hack economist, whose PhD thesis has been proved false by the Bernanke Fed itself and the endless QE to Infinity, really needs a new nickname. Helicopter Ben no longer fits, since his helicopter has been dedicated within Wall Street walls, surely not to Main Street businesses or US households. How about Big Ben of the Matrix? Or Ben the Wrecking Ball? The Jackass has been firm since summer 2009 that the USFed would not escape the 0% bound on interest rates, that the USFed would slip into QE on a permanent basis, that the USFed would be stuck with ZIRP and QE forever, that the USFed would cause a global financial collapse if they tried to hike rates and return to a normal monetary policy. The Live Stress Test conducted in May and June proved by point. Next comes the derivative accidents, the beaching of the next London Whale, the arrival of more spectacular JPMorguen derivative losses, the contagion caused by a Deutsche Bank that drops dead.
Tide turning against US leadership: The seminal defeat occurred in the wake of the Lehman Brothers failure, the New York bank insolvency, the FASB accounting fraud blessing, and the major blemish to the USFed since the breakdown occurred on their watch. Last month, the British high court ruled against the London bankers to remove sanctions against Bank Mellat, the largest private Iranian bank. Next come damage claims by the bank. The momentum has shifted. Even the onerous FACTA regulations on bank account disclosure ordered by the USGovt have been repealed.
Egypt coup d'etat is a global game changer: The Cairo leadership folded, new military power imposed, in response to rising food prices, not reported properly. Very little in political factors were at play. The ugly side effect of three years in printing money by the USFed has been to lift the entire global cost structure. The softest flank is Arab food prices. The Arabs are infamous for spending a whopping 80% of income on food. Without energy reserves, they appear to have nil skill in developing an economy without a USMilitary base on the scene. Natives in the US had been spending 15% on food until a few years ago, by comparison. The US will catch up to the Third World ratio, as it enters the Third World. The Arab Spring is not about politics, as much as rising food prices, the principal cause of revolution over the centuries. The photo from Tahrir Square in Cairo Egypt shows masses. They are very unhappy, especially with USGovt policies, both on monetary policy and on support of insurrections.
Snowden and the USGovt spying data: The young man Snowden operates as the front man stage hand in a global chess game of espionage, terrorism, embassy abuse, financial subterfuge, financial shenanigans, and much more to come. He is a kid, not a big player. He is put forward as a pawn chess piece, with heavyweight supporters. The key is knowing that 50 back doors remain open, available, with regular passage in the next few months in the vast US security databases. What will be revealed is a cornucopia of vile slimy vicious American and British directives, movements, attacks, and projects that can no longer be kept hidden behind the curtains. A vast conflict has emerged in the United States between psychopathic bad spooks and good security professionals, simply put. The lid is off. The fur will fly. The US & UK will be on the extreme defensive for nasty revealed deeds for some time to come, as stories are pried out and leaked on a systematic basis. The presentation of Snowden as a key veteran knowledgeable player is highly amusing. He is a kid whose career resume is almost as sketchy as the leader of the US land.
SIMPLE CONCLUSION:
All the above dire signals paint a picture of a collapsing financial system, of major Western banks folding like the house of cards they are, of a global revolt against the USDollar, of an unsustainable system. The events will finally result in a release of Gold from a corrupt stranglehold. The beneficiary will be the Gold & Silver prices. A grand reset is in progress. The paper wealth of the Western world is undergoing a disappearing act. The Paradigm Shift has been in progress for the last four to five years. The banking system will be restored only by return of Gold as money, with Gold placed at the center of the global financial system. Unfortunately for Western interests, the movement led by Russia and China for a trade zone and gold trade settlement will trump the Western gamers. The Eastern solution overturns the entire system with center in the New York and London crime syndicates, holed up in big bank fortresses. The Eastern solution avoids the USDollar and the entire FOREX system. It will be built upon gold trade settlement, will issue Gold Trade Notes to function like Letters of Credit, will operate as peer to peer instead of passing through the monolith banks, and will be conducted on portable devices like Smartphones and Blackberrys.
The USGovt might next ban the usage of portable telephone devices with internet capability, and deem them as terrorist tools of mass destruction. The truth of the matter is that the USDollar and its obverse USTreasury Bond are the greatest devices of mass financial destruction in the modern history of mankind. Departing from the Gold Standard in 1971 will prove to be the root cause of a global collapse. The destruction to the US system was assured by repeal of the Glass-Steagall Act. The solution to the bank collapse is the Gold Standard, which will arrive through the trade channels, not the big dead corrupt insolvent banks, and not through the corrupted FOREX tables with links to every type of fraudulent tether imaginable. Watch for the birth of the Gold Trade Standard, as history is to be made.
http://jerseylibertarian.blogspot.com/2013/07/golden-jackass-financial-systemic.html
Financial Systemic Breakdown imminent
Many are the signals of breakdown, in the financial system and the Gold market. The day is near for release
of gold from under the thumb of the criminal bankers. They can no longer operate in the shadows, recently in full view. The best information coming to my desk indicates that three major Western banks are under constant threat of failure overnight, every night, forcing extraordinary measures to avoid failure. They are Deutshe Bank in Germany, Barclays in London, and Citibank in New York. Judging from the ongoing defense from prosecution and cooperation (flipped) with Interpol and distraction of resources, the most likely bank to die next is Deutsche Bank. They are caught with accounting fraud and outright financial fraud over collateral shell games, pertaining to USTreasury Bonds, other sovereign bonds in Southern Europe, and OTC derivatives linked to FOREX currency contracts. Deutsche-Bank is a dead man walking.
The contagion that will hit is assured, since these three big banks are all interconnected, their positions intertwined, their fates tied like a common millstone around their necks. When they go down, and they will go down hard, the gaggle of Western financial firms (banks, investment banks, hedge funds, exchanges) will sink together into a sea of red ink, toxic swill, and more than a few orange jumpsuits. The legal route might be more likely a vanishing act, as hidden banker prisons have begun to be populated, very quietly, under extreme secrecy. Remember that since the great London gold drain last spring 2012, a new sheriff has been in town and hard at work. And he is taking bankers, mid-level bankers, the ones who know too much information, but who do not have the privileged high rank.
Every passing day brings the world closer to ruin, a necessary step for release of the cable lines from corrupted derivatives and basic hemp from futures contacts. The Wall Street traders (with their cocaine habits) and the Wall Street executive bankers (with their satanist rituals) are on the way out. On the other side is the release of gold from shackles over 20 years. A funny line was quipped, that people confuse the price of gold with the gold price. Meaning, people confuse what is offered as the COMEX gold price as being real. In any true market, the Price is set as the equilibrium point where Supply arrives to meet Demand, where Demand from customers clears Supply. Neither is present in today's gold market. Shortage is enormous. Even scrap supplies are near zero. Demand overwhelms available inventory. No equilibrium is remotely apparent. The Jackass thoroughly enjoys that COMEX gold ambushes executed by New York and London criminal class bankers, done with full impunity, done with full blessing, if not direct pleading by government finance ministries. The ambushes are done with execution aid by the central banks, reinforced by the wags in the financial press. The bankers indeed slit their own throats on stage in mid-April with the gold price ambush. In June, they castrated themselves with dull blades in full view on stage in the latest ambush. They have accelerated the Gold Supply drainage. They have magnified the Gold Demand worldwide. They have hastened the imminent COMEX & LBMA shutdown most assuredly.
The signals are mounting for systemic breakdown. They will not be elaborated upon here in any great detail, only listed, since so numerous. The details are provided in the Hat Trick Letter reports, lengthy and integrated, many of the dots connected as they say. Lately, the entire stories arriving on the newswires, the financial tickers, and the television sets seem like an amalgam from
Al Capone gangsters residing in Wall Street and USGovt officers
James Bond and the hidden syndicate, orchestrating car crashes and murders
Andromeda Strain, in a global war on engineered viruses disguised as vaccines.
The Day the Sun Stood Still, with fabricated hurricanes and targeted earthquakes
Invasion of the Body Snatchers, complete with Sandy Hook venue
Black Holes in formative stage on earth, from USTBonds and sovereign bonds
Alfred Hitchcock on suspense, as the bank failures and bail-ins cometh
Nightmare on Elm Street with Freddy Kruger, as martial law approaches
Manchurian Candidates in high office, in a succession of White House occupants.
But the collapse and nightmare and endless storm is our reality, somewhat an end product of the forced feeds in propaganda format. The signals are many and growing, even spreading to wider platforms and stages. The tragedy is that many people will lose life savings, duped to the end, demonstrating limited mental acuity. The required step is that certain markets go dark. My full expectation is that before the gold price is released to find the rightful $7000/oz price that comes, the entire gold market will turn into a fractured hidden chain of arenas, loosely connected and sparsely supplied. It will feature different prices and different availability. According to my sources, the process has already begun,.
THE DIVERSE SIGNALS OF BREAKDOWN
Negative GOFO gold forward rates: at They are the rates at which contributors are prepared to lend gold on a swap against USDollars. They provide a basis for some finance and loan agreements as well as for the settlement of gold Interest Rate Swaps. The most likely explanation is a run on allocated gold accounts within certain bullion banks, and a possible bankruptcy of a bullion bank. Next will come the Backwardized gold price stucture. Actually, Turk claims the London Bullion Market Assn website reports a gold backwardation right here, right now, as in today. The full-blown backwardation is predicted by Karen Hudes (formerly of World Bank) and by James Turk (founder of Gold Money).
Vanishing JPMorgan gold vault inventory: Since the April ambush event, the client partners of JPMorgue have been jumping ship. On a single day in early June, the JPMorgue upchucked a whopping 60% of its gold inventory. The date was June 11th. The news went unreported by the intrepid harlot clownish press. Between March and June, JPMorgue client accounts saw fit to remove a total of 13 metric tons (13,000 kg) of gold. They clearly have lost trust in the big bank, which is the object of criminal investigations and fraud and thefts on a monthly basis.
Raids on GLD gold inventory: The reductions to the GLD gold bar inventory match closely the Delivery volume on COMEX. The data is clear and more than a coincidence. The variation is often under a few percent in volume. The GLD exchange traded fund has earned a new label, the bullion central bank, assured for easy access by Wall Street banks. They short the GLD shares, then drag out the bars off the ramp overnight. The stupid clueless morons who invest in the GLD fund have to be the dumbest mammals on earth, behind whales and wallabies.
Arbitrage of Shanghai gold contract versus New York gold price: Actually a very intriguing statistic has popped up. Over the last 18 months, the correlation between the GLD gold outflows and the Shanghai gold price premium has reached about 80%. Such figures are not seen outside the scientific laboratories. Corruption does that. The finger is pointed at the Wall Street banks, which appear to be raiding the GLD gold inventory in obvious outright manner. The suspicion is therefore that New York banks are selling gold to China from GLD inventories. They would sell their mothers' livers.
Volume of USMint and Canadian Mint silver coin sales: The volume exceeds the silver mine output for the two nations by an estimated 25 million ounces for the current year. Therefore, all industrial North American silver demand is in deficit. The demand has seen a quantum jump up since the April market ambush, with no let-up. The USGovt had announced some rationing plans, but they are obligated by law to honor all customer orders. They must be importing the silver.
Growth in Chinese gold imports from Hong Kong: The growth is impressive. Just when the growth more than doubled in the past couple years, doubt rose of its continued path. Yet the growth rate is at 100% annual rate for year 2013. A picture truly is worth 1000 words, and tells the story. The months January through April in 2013 saw a total of 498.0 tons moved through Hong Kong, a 108% increase. The East continues to buy any and all supplies put before them. The greatest transfer of wealth in world history is underway. The West sells fraudulent bonds, while the East purchases Gold.
Huge growth in Indian gold demand: The known Indian gold imports are fast rising, coupled by tremendous cross-border smuggling, despite the central bank obstacles. Almost half the Indian trade deficit is linked to gold imports, in huge volumes. For the two months April and May, the cost of gold import purchases exceeded $15 billion. The single month of May trade saw a deficit for India of INR 1108, equal to US$19 billion. The 2Q2013 gold imports (over 250 tons) will be at least double from last year, despite new rules placed as obstacles. It is said that Indians will continue to buy gold for savings and weddings in spite of legal obstacles, just like Americans would continue to watch football games even if banned.
Advancement of the Eurasian Trade Zone: The organization and construction of the trade zone is led by Russia and China. It is being fortified by vast energy pipeline buildout. The flow of funds from the energy pipelines to China is being paid in the form of USTBonds to Russia. From there, the funds flow to London banks as part of the Rosneft buyout of the British Petroleum stake in Russian energy firms. Think return of USTBonds to sender, stuffing them down their throats. When Central Europe joins the trade zone, it is game over. Already, a network of heavy rail facilities runs from Russia to Germany. Few have noticed. The United States will be increasingly isolated.
Chinese Yuan Swap Facility proliferation: The developments started slowly back in 2007, with Brazil signing on. But in the last couple years, add Japan, Australia, Russia, and many more nations. The facility is being installed in England, with applications from France. The whopper lately is the Euro Central Bank requesting a $130 billion Yuan Swap line for facilitation of trade among the major banks. One must wonder if European leaders will soon turn their backs on the United States for bank leadership, foregoing the USDollar Swap for the Yuan Swap. The Jackass viewpoint is that the Swap Line is a precursor to a fully convertible Yuan currency and the open capital account. Then comes wide trade in Chinese Govt Bonds, which will replace USTreasury Bonds. Then comes the Gold-backed Yuan currency, which might be the temporary denomination of the Gold Trade Note, used in bilateral trade settlement in gold. Presto, a path to the new Gold Trade Standard!
The G-20 Meetings are defiant against the USDollar: They are led by the two superpowers Russia and China. The nuts & bolts of Gold Trade Settlement were to be worked on in Turkey during the June G-20 Meeting, but it was hi-jacked and interfered with by a gate crasher delegation from the panicky G-7 finance ministers. The September G-20 in Moscow will not permit any interference or uninvited guests. Barging in on Ankara is much easier than on Moscow. The agenda for three months among G-20 nations has been to put on fast track the development of the trade settlement alternative outside the USDollar sphere. It requires many important platforms for implementation. The day is near, and only awaits the collapse of the Western banking and currency system that rests atop the toxic bond foundation.
Turkey emerges as primary gold intermediary bank: The entire Iran sanction story has resulted in vast workarounds. One of the most important is the rise of Turkey as a gold bank intermediary. Two parties want to settle on trade, for crude oil or metal ore or foodstuffs or cars or home electronics. They wish to settle on a net basis outside the typical USDollar framework. Turkey provides the necessary gold bullion to settle the trade transactions. They are working toward facilitation of Gold Trade Settlement.
BRICS Development Fund described in disguise: It poses as fund for infrastructure, but really will become the processing plant for converting USTreasury Bonds into Gold bullion for the emerging nations, in possession of outsized reserves in toxic FOREX paper. The common story told is to fund a railroad in Tanzania, indeed a true story but totally misdirected emphasis. Their Emergency Fund is already funded by $200 billion. Next the Development Fund will be filled, like a giant war chest. It might have a few $billion spent on connecting railroads or highways in designated African locations. But its real purpose, according to my source close to its design, is to process toxic USTBonds and direct the purchase of Gold bullion. The fund in time will serve as the Gold Trade Central Bank, and will issue Gold Trade Notes in replacement of the Letters of Credit based in crumbling fiat paper currencies.
Allocated Gold Account frauds: The Jackass must boast as being the first analyst back in 2011 to openly mention the revealed frauds of thousands of tons of improperly used, leased, and confiscated gold accounts under contracted storage. Thanks to The Voice, my source of the tip. The center of the fraud is Switzerland. The initial hint of pervasive fraud came with the Venezuelan demand for return of gold held in London. The previous demand by Mexico was completely suffocated and dissolved in a mass of convoluted paper. When Germany joined the demand for repatriation of allocated gold on account, the firestorm reached a critical temperature. The New York Fed rebuffed German Parliament officials at the door, when they wished to inspect their gold on account. A required Mali War ensued to replace the missing gold bullion and to raid the West African nation, where Islamic terrorists have been conveniently sighted by PsyOps staff members. The Swiss bullion banks receive fresh exposures on a monthly basis for Allocated Gold Account improprieties, often from Egon von Greyez, the brave gold war veteran, the defender of true wealth, the caped crusader of gold. The wealthy of Europe have begun an insurrection against bullion bankers, seeking redemption of their gold held on account. The gold is largely gone. Heads will roll.
Death of King Abdullah and sunset of Petro-Dollar: Someday will be revealed the death of Abdullah, which many expert analysts (not the State Dept clowns or Wall Street harlots) expect will result in the fall of the House of Saud. Accompanying his death will be the demise of the Petro-Dollar, which has served as the critical foundation for the USDollar for 40 years. Actually, a new energy cartel is forming. It is the current powerful new force emerging as the Natural Gas Coop, with key players Gazprom of Russia, Qatar and Iran in the Persian Gulf (strange bedfellows), Turkmenistan, and Israel.
Growing Eastern energy pipelines: Called Pipeline-STAN by some analysts like Pepe Escobar, an excellent analyst whose work appears on Asia Times, featured on the Hat Trick Letter. A key pipeline through Syria is called the Shiite Pipeline by the Jackass. The big new pipeline with conflict and controversy is the Iran-Pakistan pipeline. The USGovt is trying to play the same losing game, by banning banks that cooperate with its funded construction. But China has entered the fray, guaranteeing its full funding. Pakistan is no longer friendly to the United States, not after thousands of civilian deaths by USMilitary drones. Russia is the chief architect of energy pipelines, for natural gas, for crude oil. They will supply Europe and Britain, and thus turn the alliances of Europe eastward toward Russia. The United States will be increasingly isolated.
Movement by Israel away from the US fold: The tiny nation is fast entering into a Russian alliance, starting with the Tamor floating as platform, extending into hidden deals with Putin of Russia. The Tamor natural gas output is under contract to Gazprom, a giant surplus assuring significant capital inflow to their economy. Also, a notable number of Israeli immigrants are of Russian descent, estimated between 25% and 40%, maybe higher. The nation might sound like a US partner in the Syria battles, but not so, not really.
Fast rising long-term USTreasury Bond yields: Rising loan rates will certain torpedo the US housing market. The market is being upheld (held up) by the Wall Street banks and their devoted private equity funds, which together are gobbling up large packages of REO bank property tranches, otherwise known as foreclosed homes. For several months, if not a couple years, the US housing market prices have excluded the off-market bank sales to unload inventory out the bank back doors. The home price data is more corrupted than the price inflation data or the Wall Street bank profit statements or the official gold accounting by the USGovt. As much as the housing market is vulnerable to rising rates, the bank derivatives such as the infamous Interest Rate Swap contracts lie in the danger zone. They react very badly, with $trillion losses, whenever the long-term rates move just a moderate amount. Between August 2012 and April 2013, the 10-year USTreasury yield had been fluctuating from 1.6% to 2.0% in firmly controlled fashion. However, since May all hell has broken loose. This week, the reported TNX yield has zipped to 2.7% and come back to 2.55% in highly dangerous fashion. Expect major losses in IRSwaps very soon.
Official gold holdings by Russia & China: The word is slowly getting out. China owns well over 10,000 tons of gold bullion in reserves. They have been accumulating at a feverish pace since the 2008 Lehman bust. Actually they have been accumulating probably since they were refused the return of the Mao Tse-Tung era gold from the 1999 lease by Wall Street. The Manhattan crew reneged on the deal, letting it be known in 2007. The Chinese earned the Most Favored Nation status before the millennium change by leasing out a large block of gold reserves. The US betrayed them on the deal, to be sure standard fare for the American Nazis. The Beijing leaders decided five years ago to pursue Gold, and overturn the United States with their armada of paper mache craftsmen and bankers dedicated to espionage and hegemony. As footnote, my source informs that under the Kremlin lies perhaps 20,000 tons of gold in reserves. They have gold as old as the Vatican. The Eastern Orthodox has a large contingency in Moscow. The Russia & China tagteam are fed up with the Anglo-American monetary wars. Power is moving eastward with the gold. A new chapter cometh.
Bernanke Live Stress Test: The hack economist, whose PhD thesis has been proved false by the Bernanke Fed itself and the endless QE to Infinity, really needs a new nickname. Helicopter Ben no longer fits, since his helicopter has been dedicated within Wall Street walls, surely not to Main Street businesses or US households. How about Big Ben of the Matrix? Or Ben the Wrecking Ball? The Jackass has been firm since summer 2009 that the USFed would not escape the 0% bound on interest rates, that the USFed would slip into QE on a permanent basis, that the USFed would be stuck with ZIRP and QE forever, that the USFed would cause a global financial collapse if they tried to hike rates and return to a normal monetary policy. The Live Stress Test conducted in May and June proved by point. Next comes the derivative accidents, the beaching of the next London Whale, the arrival of more spectacular JPMorguen derivative losses, the contagion caused by a Deutsche Bank that drops dead.
Tide turning against US leadership: The seminal defeat occurred in the wake of the Lehman Brothers failure, the New York bank insolvency, the FASB accounting fraud blessing, and the major blemish to the USFed since the breakdown occurred on their watch. Last month, the British high court ruled against the London bankers to remove sanctions against Bank Mellat, the largest private Iranian bank. Next come damage claims by the bank. The momentum has shifted. Even the onerous FACTA regulations on bank account disclosure ordered by the USGovt have been repealed.
Egypt coup d'etat is a global game changer: The Cairo leadership folded, new military power imposed, in response to rising food prices, not reported properly. Very little in political factors were at play. The ugly side effect of three years in printing money by the USFed has been to lift the entire global cost structure. The softest flank is Arab food prices. The Arabs are infamous for spending a whopping 80% of income on food. Without energy reserves, they appear to have nil skill in developing an economy without a USMilitary base on the scene. Natives in the US had been spending 15% on food until a few years ago, by comparison. The US will catch up to the Third World ratio, as it enters the Third World. The Arab Spring is not about politics, as much as rising food prices, the principal cause of revolution over the centuries. The photo from Tahrir Square in Cairo Egypt shows masses. They are very unhappy, especially with USGovt policies, both on monetary policy and on support of insurrections.
Snowden and the USGovt spying data: The young man Snowden operates as the front man stage hand in a global chess game of espionage, terrorism, embassy abuse, financial subterfuge, financial shenanigans, and much more to come. He is a kid, not a big player. He is put forward as a pawn chess piece, with heavyweight supporters. The key is knowing that 50 back doors remain open, available, with regular passage in the next few months in the vast US security databases. What will be revealed is a cornucopia of vile slimy vicious American and British directives, movements, attacks, and projects that can no longer be kept hidden behind the curtains. A vast conflict has emerged in the United States between psychopathic bad spooks and good security professionals, simply put. The lid is off. The fur will fly. The US & UK will be on the extreme defensive for nasty revealed deeds for some time to come, as stories are pried out and leaked on a systematic basis. The presentation of Snowden as a key veteran knowledgeable player is highly amusing. He is a kid whose career resume is almost as sketchy as the leader of the US land.
SIMPLE CONCLUSION:
All the above dire signals paint a picture of a collapsing financial system, of major Western banks folding like the house of cards they are, of a global revolt against the USDollar, of an unsustainable system. The events will finally result in a release of Gold from a corrupt stranglehold. The beneficiary will be the Gold & Silver prices. A grand reset is in progress. The paper wealth of the Western world is undergoing a disappearing act. The Paradigm Shift has been in progress for the last four to five years. The banking system will be restored only by return of Gold as money, with Gold placed at the center of the global financial system. Unfortunately for Western interests, the movement led by Russia and China for a trade zone and gold trade settlement will trump the Western gamers. The Eastern solution overturns the entire system with center in the New York and London crime syndicates, holed up in big bank fortresses. The Eastern solution avoids the USDollar and the entire FOREX system. It will be built upon gold trade settlement, will issue Gold Trade Notes to function like Letters of Credit, will operate as peer to peer instead of passing through the monolith banks, and will be conducted on portable devices like Smartphones and Blackberrys.
The USGovt might next ban the usage of portable telephone devices with internet capability, and deem them as terrorist tools of mass destruction. The truth of the matter is that the USDollar and its obverse USTreasury Bond are the greatest devices of mass financial destruction in the modern history of mankind. Departing from the Gold Standard in 1971 will prove to be the root cause of a global collapse. The destruction to the US system was assured by repeal of the Glass-Steagall Act. The solution to the bank collapse is the Gold Standard, which will arrive through the trade channels, not the big dead corrupt insolvent banks, and not through the corrupted FOREX tables with links to every type of fraudulent tether imaginable. Watch for the birth of the Gold Trade Standard, as history is to be made.
http://jerseylibertarian.blogspot.com/2013/07/golden-jackass-financial-systemic.html
Financial Systemic Breakdown imminent
Many are the signals of breakdown, in the financial system and the Gold market. The day is near for release
of gold from under the thumb of the criminal bankers. They can no longer operate in the shadows, recently in full view. The best information coming to my desk indicates that three major Western banks are under constant threat of failure overnight, every night, forcing extraordinary measures to avoid failure. They are Deutshe Bank in Germany, Barclays in London, and Citibank in New York. Judging from the ongoing defense from prosecution and cooperation (flipped) with Interpol and distraction of resources, the most likely bank to die next is Deutsche Bank. They are caught with accounting fraud and outright financial fraud over collateral shell games, pertaining to USTreasury Bonds, other sovereign bonds in Southern Europe, and OTC derivatives linked to FOREX currency contracts. Deutsche-Bank is a dead man walking.
The contagion that will hit is assured, since these three big banks are all interconnected, their positions intertwined, their fates tied like a common millstone around their necks. When they go down, and they will go down hard, the gaggle of Western financial firms (banks, investment banks, hedge funds, exchanges) will sink together into a sea of red ink, toxic swill, and more than a few orange jumpsuits. The legal route might be more likely a vanishing act, as hidden banker prisons have begun to be populated, very quietly, under extreme secrecy. Remember that since the great London gold drain last spring 2012, a new sheriff has been in town and hard at work. And he is taking bankers, mid-level bankers, the ones who know too much information, but who do not have the privileged high rank.
Every passing day brings the world closer to ruin, a necessary step for release of the cable lines from corrupted derivatives and basic hemp from futures contacts. The Wall Street traders (with their cocaine habits) and the Wall Street executive bankers (with their satanist rituals) are on the way out. On the other side is the release of gold from shackles over 20 years. A funny line was quipped, that people confuse the price of gold with the gold price. Meaning, people confuse what is offered as the COMEX gold price as being real. In any true market, the Price is set as the equilibrium point where Supply arrives to meet Demand, where Demand from customers clears Supply. Neither is present in today's gold market. Shortage is enormous. Even scrap supplies are near zero. Demand overwhelms available inventory. No equilibrium is remotely apparent. The Jackass thoroughly enjoys that COMEX gold ambushes executed by New York and London criminal class bankers, done with full impunity, done with full blessing, if not direct pleading by government finance ministries. The ambushes are done with execution aid by the central banks, reinforced by the wags in the financial press. The bankers indeed slit their own throats on stage in mid-April with the gold price ambush. In June, they castrated themselves with dull blades in full view on stage in the latest ambush. They have accelerated the Gold Supply drainage. They have magnified the Gold Demand worldwide. They have hastened the imminent COMEX & LBMA shutdown most assuredly.
The signals are mounting for systemic breakdown. They will not be elaborated upon here in any great detail, only listed, since so numerous. The details are provided in the Hat Trick Letter reports, lengthy and integrated, many of the dots connected as they say. Lately, the entire stories arriving on the newswires, the financial tickers, and the television sets seem like an amalgam from
Al Capone gangsters residing in Wall Street and USGovt officers
James Bond and the hidden syndicate, orchestrating car crashes and murders
Andromeda Strain, in a global war on engineered viruses disguised as vaccines.
The Day the Sun Stood Still, with fabricated hurricanes and targeted earthquakes
Invasion of the Body Snatchers, complete with Sandy Hook venue
Black Holes in formative stage on earth, from USTBonds and sovereign bonds
Alfred Hitchcock on suspense, as the bank failures and bail-ins cometh
Nightmare on Elm Street with Freddy Kruger, as martial law approaches
Manchurian Candidates in high office, in a succession of White House occupants.
But the collapse and nightmare and endless storm is our reality, somewhat an end product of the forced feeds in propaganda format. The signals are many and growing, even spreading to wider platforms and stages. The tragedy is that many people will lose life savings, duped to the end, demonstrating limited mental acuity. The required step is that certain markets go dark. My full expectation is that before the gold price is released to find the rightful $7000/oz price that comes, the entire gold market will turn into a fractured hidden chain of arenas, loosely connected and sparsely supplied. It will feature different prices and different availability. According to my sources, the process has already begun,.
THE DIVERSE SIGNALS OF BREAKDOWN
Negative GOFO gold forward rates: at They are the rates at which contributors are prepared to lend gold on a swap against USDollars. They provide a basis for some finance and loan agreements as well as for the settlement of gold Interest Rate Swaps. The most likely explanation is a run on allocated gold accounts within certain bullion banks, and a possible bankruptcy of a bullion bank. Next will come the Backwardized gold price stucture. Actually, Turk claims the London Bullion Market Assn website reports a gold backwardation right here, right now, as in today. The full-blown backwardation is predicted by Karen Hudes (formerly of World Bank) and by James Turk (founder of Gold Money).
Vanishing JPMorgan gold vault inventory: Since the April ambush event, the client partners of JPMorgue have been jumping ship. On a single day in early June, the JPMorgue upchucked a whopping 60% of its gold inventory. The date was June 11th. The news went unreported by the intrepid harlot clownish press. Between March and June, JPMorgue client accounts saw fit to remove a total of 13 metric tons (13,000 kg) of gold. They clearly have lost trust in the big bank, which is the object of criminal investigations and fraud and thefts on a monthly basis.
Raids on GLD gold inventory: The reductions to the GLD gold bar inventory match closely the Delivery volume on COMEX. The data is clear and more than a coincidence. The variation is often under a few percent in volume. The GLD exchange traded fund has earned a new label, the bullion central bank, assured for easy access by Wall Street banks. They short the GLD shares, then drag out the bars off the ramp overnight. The stupid clueless morons who invest in the GLD fund have to be the dumbest mammals on earth, behind whales and wallabies.
Arbitrage of Shanghai gold contract versus New York gold price: Actually a very intriguing statistic has popped up. Over the last 18 months, the correlation between the GLD gold outflows and the Shanghai gold price premium has reached about 80%. Such figures are not seen outside the scientific laboratories. Corruption does that. The finger is pointed at the Wall Street banks, which appear to be raiding the GLD gold inventory in obvious outright manner. The suspicion is therefore that New York banks are selling gold to China from GLD inventories. They would sell their mothers' livers.
Volume of USMint and Canadian Mint silver coin sales: The volume exceeds the silver mine output for the two nations by an estimated 25 million ounces for the current year. Therefore, all industrial North American silver demand is in deficit. The demand has seen a quantum jump up since the April market ambush, with no let-up. The USGovt had announced some rationing plans, but they are obligated by law to honor all customer orders. They must be importing the silver.
Growth in Chinese gold imports from Hong Kong: The growth is impressive. Just when the growth more than doubled in the past couple years, doubt rose of its continued path. Yet the growth rate is at 100% annual rate for year 2013. A picture truly is worth 1000 words, and tells the story. The months January through April in 2013 saw a total of 498.0 tons moved through Hong Kong, a 108% increase. The East continues to buy any and all supplies put before them. The greatest transfer of wealth in world history is underway. The West sells fraudulent bonds, while the East purchases Gold.
Huge growth in Indian gold demand: The known Indian gold imports are fast rising, coupled by tremendous cross-border smuggling, despite the central bank obstacles. Almost half the Indian trade deficit is linked to gold imports, in huge volumes. For the two months April and May, the cost of gold import purchases exceeded $15 billion. The single month of May trade saw a deficit for India of INR 1108, equal to US$19 billion. The 2Q2013 gold imports (over 250 tons) will be at least double from last year, despite new rules placed as obstacles. It is said that Indians will continue to buy gold for savings and weddings in spite of legal obstacles, just like Americans would continue to watch football games even if banned.
Advancement of the Eurasian Trade Zone: The organization and construction of the trade zone is led by Russia and China. It is being fortified by vast energy pipeline buildout. The flow of funds from the energy pipelines to China is being paid in the form of USTBonds to Russia. From there, the funds flow to London banks as part of the Rosneft buyout of the British Petroleum stake in Russian energy firms. Think return of USTBonds to sender, stuffing them down their throats. When Central Europe joins the trade zone, it is game over. Already, a network of heavy rail facilities runs from Russia to Germany. Few have noticed. The United States will be increasingly isolated.
Chinese Yuan Swap Facility proliferation: The developments started slowly back in 2007, with Brazil signing on. But in the last couple years, add Japan, Australia, Russia, and many more nations. The facility is being installed in England, with applications from France. The whopper lately is the Euro Central Bank requesting a $130 billion Yuan Swap line for facilitation of trade among the major banks. One must wonder if European leaders will soon turn their backs on the United States for bank leadership, foregoing the USDollar Swap for the Yuan Swap. The Jackass viewpoint is that the Swap Line is a precursor to a fully convertible Yuan currency and the open capital account. Then comes wide trade in Chinese Govt Bonds, which will replace USTreasury Bonds. Then comes the Gold-backed Yuan currency, which might be the temporary denomination of the Gold Trade Note, used in bilateral trade settlement in gold. Presto, a path to the new Gold Trade Standard!
The G-20 Meetings are defiant against the USDollar: They are led by the two superpowers Russia and China. The nuts & bolts of Gold Trade Settlement were to be worked on in Turkey during the June G-20 Meeting, but it was hi-jacked and interfered with by a gate crasher delegation from the panicky G-7 finance ministers. The September G-20 in Moscow will not permit any interference or uninvited guests. Barging in on Ankara is much easier than on Moscow. The agenda for three months among G-20 nations has been to put on fast track the development of the trade settlement alternative outside the USDollar sphere. It requires many important platforms for implementation. The day is near, and only awaits the collapse of the Western banking and currency system that rests atop the toxic bond foundation.
Turkey emerges as primary gold intermediary bank: The entire Iran sanction story has resulted in vast workarounds. One of the most important is the rise of Turkey as a gold bank intermediary. Two parties want to settle on trade, for crude oil or metal ore or foodstuffs or cars or home electronics. They wish to settle on a net basis outside the typical USDollar framework. Turkey provides the necessary gold bullion to settle the trade transactions. They are working toward facilitation of Gold Trade Settlement.
BRICS Development Fund described in disguise: It poses as fund for infrastructure, but really will become the processing plant for converting USTreasury Bonds into Gold bullion for the emerging nations, in possession of outsized reserves in toxic FOREX paper. The common story told is to fund a railroad in Tanzania, indeed a true story but totally misdirected emphasis. Their Emergency Fund is already funded by $200 billion. Next the Development Fund will be filled, like a giant war chest. It might have a few $billion spent on connecting railroads or highways in designated African locations. But its real purpose, according to my source close to its design, is to process toxic USTBonds and direct the purchase of Gold bullion. The fund in time will serve as the Gold Trade Central Bank, and will issue Gold Trade Notes in replacement of the Letters of Credit based in crumbling fiat paper currencies.
Allocated Gold Account frauds: The Jackass must boast as being the first analyst back in 2011 to openly mention the revealed frauds of thousands of tons of improperly used, leased, and confiscated gold accounts under contracted storage. Thanks to The Voice, my source of the tip. The center of the fraud is Switzerland. The initial hint of pervasive fraud came with the Venezuelan demand for return of gold held in London. The previous demand by Mexico was completely suffocated and dissolved in a mass of convoluted paper. When Germany joined the demand for repatriation of allocated gold on account, the firestorm reached a critical temperature. The New York Fed rebuffed German Parliament officials at the door, when they wished to inspect their gold on account. A required Mali War ensued to replace the missing gold bullion and to raid the West African nation, where Islamic terrorists have been conveniently sighted by PsyOps staff members. The Swiss bullion banks receive fresh exposures on a monthly basis for Allocated Gold Account improprieties, often from Egon von Greyez, the brave gold war veteran, the defender of true wealth, the caped crusader of gold. The wealthy of Europe have begun an insurrection against bullion bankers, seeking redemption of their gold held on account. The gold is largely gone. Heads will roll.
Death of King Abdullah and sunset of Petro-Dollar: Someday will be revealed the death of Abdullah, which many expert analysts (not the State Dept clowns or Wall Street harlots) expect will result in the fall of the House of Saud. Accompanying his death will be the demise of the Petro-Dollar, which has served as the critical foundation for the USDollar for 40 years. Actually, a new energy cartel is forming. It is the current powerful new force emerging as the Natural Gas Coop, with key players Gazprom of Russia, Qatar and Iran in the Persian Gulf (strange bedfellows), Turkmenistan, and Israel.
Growing Eastern energy pipelines: Called Pipeline-STAN by some analysts like Pepe Escobar, an excellent analyst whose work appears on Asia Times, featured on the Hat Trick Letter. A key pipeline through Syria is called the Shiite Pipeline by the Jackass. The big new pipeline with conflict and controversy is the Iran-Pakistan pipeline. The USGovt is trying to play the same losing game, by banning banks that cooperate with its funded construction. But China has entered the fray, guaranteeing its full funding. Pakistan is no longer friendly to the United States, not after thousands of civilian deaths by USMilitary drones. Russia is the chief architect of energy pipelines, for natural gas, for crude oil. They will supply Europe and Britain, and thus turn the alliances of Europe eastward toward Russia. The United States will be increasingly isolated.
Movement by Israel away from the US fold: The tiny nation is fast entering into a Russian alliance, starting with the Tamor floating as platform, extending into hidden deals with Putin of Russia. The Tamor natural gas output is under contract to Gazprom, a giant surplus assuring significant capital inflow to their economy. Also, a notable number of Israeli immigrants are of Russian descent, estimated between 25% and 40%, maybe higher. The nation might sound like a US partner in the Syria battles, but not so, not really.
Fast rising long-term USTreasury Bond yields: Rising loan rates will certain torpedo the US housing market. The market is being upheld (held up) by the Wall Street banks and their devoted private equity funds, which together are gobbling up large packages of REO bank property tranches, otherwise known as foreclosed homes. For several months, if not a couple years, the US housing market prices have excluded the off-market bank sales to unload inventory out the bank back doors. The home price data is more corrupted than the price inflation data or the Wall Street bank profit statements or the official gold accounting by the USGovt. As much as the housing market is vulnerable to rising rates, the bank derivatives such as the infamous Interest Rate Swap contracts lie in the danger zone. They react very badly, with $trillion losses, whenever the long-term rates move just a moderate amount. Between August 2012 and April 2013, the 10-year USTreasury yield had been fluctuating from 1.6% to 2.0% in firmly controlled fashion. However, since May all hell has broken loose. This week, the reported TNX yield has zipped to 2.7% and come back to 2.55% in highly dangerous fashion. Expect major losses in IRSwaps very soon.
Official gold holdings by Russia & China: The word is slowly getting out. China owns well over 10,000 tons of gold bullion in reserves. They have been accumulating at a feverish pace since the 2008 Lehman bust. Actually they have been accumulating probably since they were refused the return of the Mao Tse-Tung era gold from the 1999 lease by Wall Street. The Manhattan crew reneged on the deal, letting it be known in 2007. The Chinese earned the Most Favored Nation status before the millennium change by leasing out a large block of gold reserves. The US betrayed them on the deal, to be sure standard fare for the American Nazis. The Beijing leaders decided five years ago to pursue Gold, and overturn the United States with their armada of paper mache craftsmen and bankers dedicated to espionage and hegemony. As footnote, my source informs that under the Kremlin lies perhaps 20,000 tons of gold in reserves. They have gold as old as the Vatican. The Eastern Orthodox has a large contingency in Moscow. The Russia & China tagteam are fed up with the Anglo-American monetary wars. Power is moving eastward with the gold. A new chapter cometh.
Bernanke Live Stress Test: The hack economist, whose PhD thesis has been proved false by the Bernanke Fed itself and the endless QE to Infinity, really needs a new nickname. Helicopter Ben no longer fits, since his helicopter has been dedicated within Wall Street walls, surely not to Main Street businesses or US households. How about Big Ben of the Matrix? Or Ben the Wrecking Ball? The Jackass has been firm since summer 2009 that the USFed would not escape the 0% bound on interest rates, that the USFed would slip into QE on a permanent basis, that the USFed would be stuck with ZIRP and QE forever, that the USFed would cause a global financial collapse if they tried to hike rates and return to a normal monetary policy. The Live Stress Test conducted in May and June proved by point. Next comes the derivative accidents, the beaching of the next London Whale, the arrival of more spectacular JPMorguen derivative losses, the contagion caused by a Deutsche Bank that drops dead.
Tide turning against US leadership: The seminal defeat occurred in the wake of the Lehman Brothers failure, the New York bank insolvency, the FASB accounting fraud blessing, and the major blemish to the USFed since the breakdown occurred on their watch. Last month, the British high court ruled against the London bankers to remove sanctions against Bank Mellat, the largest private Iranian bank. Next come damage claims by the bank. The momentum has shifted. Even the onerous FACTA regulations on bank account disclosure ordered by the USGovt have been repealed.
Egypt coup d'etat is a global game changer: The Cairo leadership folded, new military power imposed, in response to rising food prices, not reported properly. Very little in political factors were at play. The ugly side effect of three years in printing money by the USFed has been to lift the entire global cost structure. The softest flank is Arab food prices. The Arabs are infamous for spending a whopping 80% of income on food. Without energy reserves, they appear to have nil skill in developing an economy without a USMilitary base on the scene. Natives in the US had been spending 15% on food until a few years ago, by comparison. The US will catch up to the Third World ratio, as it enters the Third World. The Arab Spring is not about politics, as much as rising food prices, the principal cause of revolution over the centuries. The photo from Tahrir Square in Cairo Egypt shows masses. They are very unhappy, especially with USGovt policies, both on monetary policy and on support of insurrections.
Snowden and the USGovt spying data: The young man Snowden operates as the front man stage hand in a global chess game of espionage, terrorism, embassy abuse, financial subterfuge, financial shenanigans, and much more to come. He is a kid, not a big player. He is put forward as a pawn chess piece, with heavyweight supporters. The key is knowing that 50 back doors remain open, available, with regular passage in the next few months in the vast US security databases. What will be revealed is a cornucopia of vile slimy vicious American and British directives, movements, attacks, and projects that can no longer be kept hidden behind the curtains. A vast conflict has emerged in the United States between psychopathic bad spooks and good security professionals, simply put. The lid is off. The fur will fly. The US & UK will be on the extreme defensive for nasty revealed deeds for some time to come, as stories are pried out and leaked on a systematic basis. The presentation of Snowden as a key veteran knowledgeable player is highly amusing. He is a kid whose career resume is almost as sketchy as the leader of the US land.
SIMPLE CONCLUSION:
All the above dire signals paint a picture of a collapsing financial system, of major Western banks folding like the house of cards they are, of a global revolt against the USDollar, of an unsustainable system. The events will finally result in a release of Gold from a corrupt stranglehold. The beneficiary will be the Gold & Silver prices. A grand reset is in progress. The paper wealth of the Western world is undergoing a disappearing act. The Paradigm Shift has been in progress for the last four to five years. The banking system will be restored only by return of Gold as money, with Gold placed at the center of the global financial system. Unfortunately for Western interests, the movement led by Russia and China for a trade zone and gold trade settlement will trump the Western gamers. The Eastern solution overturns the entire system with center in the New York and London crime syndicates, holed up in big bank fortresses. The Eastern solution avoids the USDollar and the entire FOREX system. It will be built upon gold trade settlement, will issue Gold Trade Notes to function like Letters of Credit, will operate as peer to peer instead of passing through the monolith banks, and will be conducted on portable devices like Smartphones and Blackberrys.
The USGovt might next ban the usage of portable telephone devices with internet capability, and deem them as terrorist tools of mass destruction. The truth of the matter is that the USDollar and its obverse USTreasury Bond are the greatest devices of mass financial destruction in the modern history of mankind. Departing from the Gold Standard in 1971 will prove to be the root cause of a global collapse. The destruction to the US system was assured by repeal of the Glass-Steagall Act. The solution to the bank collapse is the Gold Standard, which will arrive through the trade channels, not the big dead corrupt insolvent banks, and not through the corrupted FOREX tables with links to every type of fraudulent tether imaginable. Watch for the birth of the Gold Trade Standard, as history is to be made.
http://jerseylibertarian.blogspot.com/2013/07/golden-jackass-financial-systemic.html
Why, I'd bet you and I are -- just like we fund prisoners' college degrees and illegal alien's 5th and 6th children! America! Land of the free money, stolen from the working person and printed from the fallen trees.
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/07/18/detroit-isnt-alone-the-u-s-cities-that-have-gone-bankrupt-in-one-map/?tid=pm_pop
This was in 2010 (below), but it points out how bankrupt the country really is, and the ability of the FED to print money literally out of paper and thin air is all that is holding up millions of defaults and bankruptcies in homes, students loans, cars, businesses, cities, and states.
Anyone with sense knows this FED house of cards cannot last forever.
http://www.globalresearch.ca/thirty-two-states-are-now-officially-bankrupt/19292
I'll try again, but you have already tipped your hand more than once at your mental capacity. If you do not understand the nuances of what is not plainly stated from a man sworn in on the Bibles of Martin Luther King, Jr. and Lincoln, then there's not much I can do to inform you.
Obama said black Americans feel a particular pain about Martin’s shooting death because they are “looking at this issue through a set of experiences and a history that doesn’t go away.”
Then add to that:
Zimmerman was cleared of criminal charges in Martin’s death, but the Justice Department is exploring whether he violated the teen’s civil rights.
I know this is a bit too deep and thought-provoking for you, so I'll stop now. Have another beer, as I think the Simpsons will be on soon.
There are good reasons for the tax-exempt status, as there are overwhelming (in dollar terms) counters to your argument on the non-religious supporting religion in this manner. Do the millions of individuals who are religious get to avoid income taxes, even though part of their money goes to support things they do not believe in -- abortion, illegal alien support, wars?
Liberals strain at gnats with logs in their eyes. Always have. And now, this regime will not be satisfied until there is no religion, except to the gov't, and no individuality, as they want a camera in your toilet.
If you can't see the direction this is going, then God (or whatever power you believe in) help you.
I missed nothing. Listen to that single sentence in context, and you MIGHT understand my original post about EXCUSES.
Trying to speak to a liberal is always like banging one's head against the wall.
He got his one sentence in, to cover his ass with conservatives and other races, but then he EXCUSED the part "and perpetrators" with a lengthy talk about poverty AND slavery, which was there, just unspoken.