Tuesday, August 30, 2011

VIDEO: Report On Man Who Faces Life Sentence for Recording Cops

Kurt Nimmo
Infowars.com
August 30, 2011
http://www.prisonplanet.com/report-on-man-who-faces-life-sentence-for-recording-cops.html

For the crime of recording police during a citation and taking a tape recorder into the courtroom, 41-year old mechanic Michael Allison faces a life sentence in prison. The state of Illinois has charged Allison with five counts of wiretapping, each punishable by four to 15 years in prison.



The case reveals how far the authorities will go in their efforts to squelch the rights of citizens and prevent them from documenting the abuses of police and other government officials.

The above news report aired in June. It appeared on YouTube last week.

As Radley Balko noted on his blog in June, the report filed by a Terre Haute news station is riddled with misinformation:

The report gets a few things wrong, most notably the assertion recording cops is “illegal in a dozen states”. A dozen states require all parties to consent before you can record a conversation, but all except Illinois and Massachusetts have an “expectation of privacy” provision that the courts to this point have ruled does not apply to on-duty police officers (or anyone in a public setting). That hasn’t stopped police from arresting people in those states (and others) anyway. But the charges don’t hold up in court.

This isn’t a distinction without a difference. When a media outlet reports that recording cops is “illegal” in these states (and the Terre Haute station is not the first to do so), it adds to the public perception that doing so is, in fact, illegal. This makes it more difficult to hold police officers accountable when they disregard the law. In order to overcome a police officer’s qualified immunity in a lawsuit for wrongful arrest, you have to show that a reasonable person (not a reasonable police officer) should have known that the arrest was in violation of clearly established law. When media outlets continue to incorrectly report that recording cops is illegal in these states, they contribute to public confusion about the law—and thus make it more difficult for people who have been wrongly arrested to argue in court that a reasonable person should have known that the arrest was illegal.

The reporter’s characterization of his amusing confrontation with a deputy in the courthouse is also incorrect. The reporter says they were advised by attorneys not to air the audio of the conversation because of the same law under which Allison is being prosecuted. But if they did make a recording of their interaction with the deputy, they’d be subject to prosecution regardless of whether or not they actually aired the audio.

Still, points for effort. This is a seven-and-a-half minute report from a local news station about an important issue that takes a skeptical view of law enforcement. That’s pretty rare.

VIDEO: $30 Billion Stolen By US Military Contractors As Corrupt Establishment Tries To Dump It's Loses On The Backs Of The Poor And Elderly

Feds May Confiscate Privately Held Gold and Silver Coins



Kurt Nimmo
Prison Planet
August 30, 2011
http://www.prisonplanet.com/feds-may-confiscate-privately-held-gold-and-silver-coins.html

Coin World reports that the feds are looking to seize liberty dollars from collectors and those using the coins instead of inflation-ridden Federal Reserve notes.

Officials with the U.S. Attorney’s Office said on August 24 that the coins are contraband. The Secret Service, the federal agency responsible for confiscating counterfeit money, did not provide any definitive comments concerning under what circumstances Liberty Dollars would be seized, according to Paul Gikes of Coin World.

The coins are illegal even if they are not used for barter, the feds insist. Jill Rose, chief of the August 24 that the Liberty Dollar medallions are confiscable as contraband if they are being exhibited for educational purposes or held privately.

Rose was the lead prosecutor in the Bernard von NotHaus case. Von NotHaus is the creator of the Liberty Dollar. He was convicted by the feds in March on multiple charges involving the alternative currency that competes with fiat money distributed by the privately owned Federal Reserve. During the trial it was determined that Liberty Dollars are counterfeits, contraband and subject to seizure.

Von NotHaus was convicted by a jury after the feds successfully argued that Liberty coins are counterfeits because they include the words “Trust in God,” similar to the words “In God We Trust” on Federal Reserve coins. He faces up to 15 years in jail, a $250,000 fine, and may be forced to give $7 million worth of minted coins and precious metals – weighing 16,000 pounds. – to the government.

The prosecution and conviction of von NotHaus was politically motivated. He is the founder of NORFED, the National Organization for the Repeal of the Federal Reserve and the Internal Revenue Code.

Following the verdict against von NotHaus, the government characterized him as a domestic terrorist.

“Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism,” said U.S. Attorney Tompkins. “While these forms of anti-government activities do not involve violence, they are every bit as insidious and represent a clear and present danger to the economic stability of this country,” she added. “We are determined to meet these threats through infiltration, disruption, and dismantling of organizations which seek to challenge the legitimacy of our democratic form of government.” (Emphasis added.)

The Liberty Dollar raid was indistinguishable from “similar raids conducted by Soviet and Chinese communist officials against private businesses operating in those countries,” writes Jacob Hornberger. “Unfortunately, in the post-9/11 world in which we now live, anything goes as far as federal power is concerned. The heavy-handed, perhaps even fraudulent, Soviet-style attack on NORFED is proof-positive of that.”

According to Rose and the government, the Liberty Dollar is “a pyramid scheme imbedded with fraud” that had nothing to do with barter or trade. “Barter is an equal and knowing exchange,” which the Liberty Dollar is not, Rose and the government claim.

Coin World had previously published comments from the U.S. Attorney’s Office in Charlotte stating that while mere possession of Liberty Dollar medallions was not a violation of federal statutes, actual use or intent to use them in the manner for which von NotHaus was convicted would be considered a violation.

Glen Kessler, assistant special agent in charge in North Carolina for the U.S. Secret Service, told Coin World that the Secret Service is “duty-bound to confiscate” Liberty Dollars.

George Ogilvie, the public affairs officer for the federal agency, told the publication the Secret Service had no comment on the matter.

It now appears the feds are moving to criminalize mere possession. Collectors are now at risk, especially if they oppose the Federal Reserve and are politically active.

VIDEO: The Max Keiser Financial Terrorism Report 8/30/11

Monday, August 29, 2011

VIDEO: War for Africa - ‘Libya's Place In The New World Order? A New US Base, And A Source Of Cheap labor, Cheep Resources And A Vassle Slave State.

34 Pieces Of Evidence That Prove That The Middle Class In America Is Rapidly Shrinking

The Economic Collapse
August 26, 2011
http://theeconomiccollapseblog.com/archives/34-pieces-of-evidence-that-prove-that-the-middle-class-in-america-is-rapidly-shrinking

A confluence of very troubling long-term economic trends has created an environment in which the middle class in America is being absolutely shredded. Today, most American families would be absolutely thrilled if they could live as well as past generations did. The dream of receiving a solid education, getting a good job, owning a beautiful home and enjoying the good things that America has to offer is increasingly becoming out of reach for a growing number of Americans. The reality is that even though our population has grown, there are less jobs than there used to be. A much higher percentage of the jobs that remain are low income jobs. Millions of middle class American families are desperately trying to hang on as inflation far outpaces the growth of their paychecks. Millions of others have fallen completely out of the middle class and are now totally dependent on the government for survival. We once had the largest, most vibrant middle class in the history of the world, but now way too much unemployment, way too much inflation, way too much greed and way too much debt are all starting to catch up with us. America is changing, and not for the better.

When most of us were growing up, we understood that there was an unspoken promise that if we got good grades, stayed out of trouble, worked really hard and did everything we were told to do, the system would reward us.

Well, today there are millions of Americans that have done all of those things but don’t have anything to show for it.

As large numbers of hard working people continue to fall out of the middle class, there is a growing sense that “the system” has betrayed us all.

Sadly, the truth is that the U.S. economy is dying. The endless prosperity that we all enjoyed in the past is gone and it is never going to come back.

The following are 34 pieces of evidence that prove that the middle class in America is rapidly shrinking….

#1 In 1980, 52 percent of all jobs in the United States were middle income jobs. Today, only 42 percent of all jobs are middle income jobs.

#2 Back in 1980, less than 30% of all jobs in the United States were low income jobs. Today, more than 40% of all jobs in the United States are low income jobs.

#3 Only 63.5 percent of all men in the United States had a job last month. According to Bloomberg, that figure is “just slightly above the December 2009 nadir of 63.3%. These are the lowest numbers since 1948.”

#4 In 1969, 95 percent of all men between the ages of 25 and 54 had a job. Last month, only 81.2 percent of men in that age group had a job.

#5 According to one recent survey, 64 percent of Americans would be forced to borrow money if they had an unexpected expense of $1000.

#6 The wealthiest 1% of all Americans now control 40 percent of all the wealth in this country.

#7 The poorest 50% of all Americans now control just 2.5% of all the wealth in this country.

#8 The wealthiest 1% of all Americans now own over 50% of all the stocks and bonds.

#9 According to the Washington Post, the average yearly income of the bottom 90 percent of all U.S. income earners is just $31,244.

#10 The average yearly income of the top 0.1% of all U.S. income earners is 5.6 million dollars.

#11 Between 1969 and 2009, the median wages earned by American men between the ages of 30 and 50 dropped by 27 percent after you account for inflation.

#12 Only the top 5 percent of all U.S. households have earned enough additional income to match the rise in housing costs since 1975.

#13 During this economic downturn, employee compensation in the United States has been the lowest that it has been relative to gross domestic productin over 50 years.

#14 According to the Bureau of Economic Analysis, health care costs accounted for just 9.5% of all personal consumption back in 1980. Today they account for approximately 16.3%.

#15 Total credit card debt in the United States is now more than 8 times larger than it was just 30 years ago.

#16 There are fewer payroll jobs in the United States today than there were back in 2000 even though we have added 30 million people to the population since then.

#17 Since the year 2000, we have lost approximately 10% of our middle class jobs. In the year 2000 there were about 72 million middle class jobs in the United States but today there are only about 65 million middle class jobs.

#18 The competition for even the most basic jobs has become absolutely brutal. Approximately 7 percent of all those that apply to get into Harvard are accepted. At a recent “National Hiring Day” held by McDonald’s only about 6.2 percent of the one million Americans that applied for a job were hired.

#19 It now takes the average unemployed worker in America about 40 weeksto find a new job.

#20 According to a report released in February from the National Employment Law Project, higher wage industries are accounting for 40 percent of the job losses in America but only 14 percent of the job growth. Lower wage industries are accounting for just 23 percent of the job losses but 49 percent of the job growth.

#21 Half of all American workers now earn $505 or less per week.

#22 The cost of college tuition in the United States has gone up by over 900 percent since 1978.

#23 In the United States today, there are more than 100,000 janitors andmore than 317,000 waiters and waitresses that have college degrees.

#24 17 million college graduates are doing jobs that do not even require a college degree.

#25 According to one recent survey, 36 percent of Americans say that they don’t contribute anything at all to retirement savings.

#26 Back in 1965, only one out of every 50 Americans was on Medicaid. Today, one out of every 6 Americans is on Medicaid.

#27 As 2007 began, there were 26 million Americans on food stamps. Today, there are more than 45 million Americans on food stamps, which is a new all-time record.

#28 The number of Americans on food stamps has increased 74% since 2007.

#29 Today, one out of every four American children is on food stamps.

#30 In 1980, just 11.7% of all personal income came from government transfer payments. Today, 18.4% of all personal income comes from government transfer payments.

#31 The number of Americans that are going to food pantries and soup kitchens has increased by 46% since 2006.

#32 One out of every six elderly Americans now lives below the federal poverty line.

#33 In the United States, over 20 percent of all children are now living in poverty. In the UK and in France that figure is well under 10 percent.

#34 According to the Federal Reserve, the richest one percent of all Americans have a greater net worth than the bottom 90 percent combined.

As the middle class continues to shrivel up and die, the number of desperate people is going to continue to grow.

In the past, I have written extensively about how many Americans are already becoming so desperate that they will do just about anything for money.

Well, here are a couple more examples….

One unemployed man down in the Phoenix area that had reportedly robbed 12 banks told police the following about why he did it….

“I rob to survive.”

As millions more Americans fall into poverty, we are going to see a lot more crime.

Most of these people are not going to commit crimes because they enjoy them. Rather, they will be doing what they feel they need to do in order to survive.

Not all of the shady activity will be so violent. Desperation comes out in different ways. For example, there are now actually websites where women advertise their “services” to potential “sugar daddies” that will help them with college expenses or support them financially.

Hopefully those reading this article will never resort to those kinds of things.

Yes, things are going to be tough, but there are always good alternatives if you are willing to look hard enough for them.

If you really need a job right now, pay close attention to the next couple of points. Good jobs are very hard to come by in most areas at the moment, so you may have to be willing to make some sacrifices if you are desperate.

According to Bloomberg, there is a substantial shortage of truck drivers across the nation right now.

Driving a truck is really hard work, and it would take you away from home for extended periods of time, but the pay is pretty good.

If you are desperate for a job, this is something that you may want to look into. There really is a shortage of truck drivers, and a paycheck is a paycheck.

Also, there are reportedly lots of jobs up in North Dakota right now. Thanks to the oil boom up there, money is flowing and job opportunities are plentiful.

Just check out the following excerpt from a recent CNBC article about the employment boom going on in North Dakota right now….

Unemployment is a national problem in the U.S., but you wouldn’t know that if you travel through North Dakota.

The state’s unemployment rate hovers around 3 percent, and “Help Wanted” signs litter the landscape of cities such as Williston in the same way “For Sale” signs populate the streets of Las Vegas.

“It’s a zoo,” said Terry Ayers, who drove into town from Spokane, Wash., slept in his truck, and found a job within hours of arrival, tripling his salary. “It’s crazy what’s going on out here.”

Yes, it is really, really cold up in North Dakota. There is very little housing available in the boom areas and for most of you it would require some significant sacrifices to take a job up there.

But there really are lots of jobs available up in North Dakota. If you are desperate, you may want to really consider looking into it.

Now for the bad news. Unfortunately, it is looking increasingly likely that we could have another major financial crisis some time fairly soon.

As I wrote about yesterday, Europe is a financial nightmare right now. I honestly do not see any way that they are going to be able to fix things.

Fear is seemingly everywhere in Europe right now. A recent article in The Telegraph entitled “Market crash ‘could hit within weeks’, warn bankers” postulated that we could be on the verge of a horrifying repeat of the financial crisis of 2008….

“The problem is a shortage of liquidity – that is what is causing the problems with the banks. It feels exactly as it felt in 2008,” said one senior London-based bank executive.

“I think we are heading for a market shock in September or October that will match anything we have ever seen before,” said a senior credit banker at a major European bank.

So you might want to try to get whatever kind of a job that you can right now before the next wave of the financial crisis hits.

Dark clouds are gathering on the horizon and things do not look promising. The coming economic storms are going to be very hard on the middle class in America.

The number of good jobs is going to continue to decline and our paychecks are going to get stretched tighter and tighter.

The “system” is not going to save you.

The “system” is failing.

You better get ready.

VIDEO: Bob Chapman’s Friday Report 8/27/11 - In An Unsustainable System, A Warning of Collapse

The Alex Jones Channel
Aug 27, 2011

We do not believe that Americans, particularly elderly Americans, understand what the elitists are up to in regard to Social Security and Medicare. The Council on Foreign Relations and the Peterson Foundation has for years been working on plans to terminate Social Security and Medicare. Cuts in these paid for programs were impossible to get through Congress. Thus, the ruse was born of getting around Congress. A flash issue was raised regarding a short-term debt extension that could have been passed in 15 minutes that demanded budget cuts for passage. In that process the Obama Enabling Act was formulated, patterned on the German Enabling Act passed in 1933 by Adolph Hitler. It allows a 12-person panel to bypass Congress regarding legislation. The changes are made in this committee and cannot be debated or amended and must be voted on via a straight up and down majority vote. While this was transpiring, as part of the plot, Standard and Poor’s downgraded the US debt rating based upon there not being large enough cuts in what Congress likes to call entitlements, which are not entitlements, but paid for benefits. The reason for the cuts is that both benefits trusts are broke, all the funds having been spent on other things over the years. S&P said that if major cuts are not made that they would cut the US debt rating again in November. Thus, you can understand the framework and what the elitists have paid the committee…







VIDEO: Al Gore's Nazi Green Police Coming To Steel And Destroy











VIDEO: Infowars Special Report w/ Alex Jones and Lew Rockwell

Prisonplanet.TV
Aug 27, 2011

Alex covers the latest on Libya, the carbon tax shutdown of coal plants, Homeland Security’s latest flying taser drones and much more. Special guest Lew Rockwell, former campaign manager for Ron Paul, breaks down the Texas Congressman’s rise in 2012 presidential polls, the entrance of establishment favorite Gov. Rick Perry, the End of the Dollar and much more.

Next week the full launch of PrisonPlanet.tv begins, with Infowars Nightly News airing five times per week starting September 1st, as well as regular Special Reports, exclusive interviews and more. Thanks you for supporting alternative media; spread the word and visit PrisonPlanet.tv today to become a member.

A Monetary Maze From Which There Is No Easy Escape

Bob Chapman
International Forecaster
Aug 28, 2011
http://theinternationalforecaster.com/International_Forecaster_Weekly/A_Monetary_Maze_From_Which_There_Is_No_Easy_Escape

It has been almost three years since the Federal Reserve took its interest rates to 1% and most recently to zero. This allows member banks to borrow money at no cost. The Fed lends to large banks with little or no control, so that these banks, some of which are owners of the Fed, can really do as they please. The Fed even lends at zero and re-borrows from these banks at a higher level, guaranteeing the banks a riskless profit. Those profits would have gone to the US Treasury and the American taxpayer. These profits for the most part are the result of the creation of money and credit by the Fed. The banks are so overjoyed regarding the results that the Fed has told them that it will keep the current policy for at least the next two years. The banks as a result are making big speculative profits to offset their gigantic losses, while at the same time the economy falls deeper into inflationary depression. This is the tyranny of our almost 100 year old privately owned banking system. The unbridled use of money and credit has led America into a monetary maze from which there is no easy escape. This is what happens when the Fed can create money and credit at will with no gold backing to control such issuance. What the Federal Reserve has done is deprive you of a sound money system. In this endeavor the Fed has deprived you of your liberty and freedom by destroying your wealth and savings via the inflation, which has been the guaranteed result of these actions by those who believe they are the masters of the universe. Once gold backing was removed from the US dollar on August 15, 1971 the old policies were over and the new policies, the results of which we see today, had begun. During the intervening period the price of gold rose from $35.00 an ounce in US dollar terms to its recent $1,900 price. The gain was a reflection of the loss of value of the dollar over those some 40 years. We predicted these results in the early 1960s, but very few were listening. Millions are listening today. The Federal Reserve, Wall Street and banking have been able to perpetuate what they have because of mass ignorance of our monetary system, even by well-educated citizens. This kind of indifference is what brings about the structure that spells failure for our present system. Americans refuse to reduce spending and expanding credit. They believed that the system could go on endlessly. They are in the process now of finding out that could not be the end result.

The temporary game of stimulus is still with us not only in the US, but in Europe and England as well. The G-7 finance ministers and central bankers proffered no solutions, nor did Mr. Sarkozy of France and Mrs. Merkel of Germany. Europeans and Brits soon will return from their annual August vacations, perhaps with some fresh ideas on how to resurrect their economies. Worldwide business has been slowing rapidly since March in spite of massive spending. The European Central Bank, the ECB, has been directly intervening in EU bond markets to keep things going until the vacationers return. They and others face the worst financial problems in a century and vacation comes first. Talk about being out of touch with reality, or suffering from disease known as socialism.

In the meantime the Swiss and Japanese are struggling to weaken their currencies to allow their exports to stay competitive. This is the currency aspect of the flight to quality.

The other safe havens, gold and silver, have via the courtesy of the US government and others who work in tandem with “The President’s Working Group on Financial Markets” have sent gold from $1,900 to $1,700 and silver from $44.00 to $39.00 in just three trading days. As a former professional trader for 25 years, we say if you are going to have a correction, this is the best possible way to have it. The gold and silver markets should turn by Friday and now will be ready to continue their upward movements. They will have little or no resistance in front of them on the upside. These kinds of moves are violent on both sides of the market. Causing sharp corrections is foolish due to the counter moves they create. The best and smart market corrections on both sides are the grinding markets that take weeks or months to accomplish instead of 3 days. You cannot break the backs of gold and silver by such maneuvers when they are the only safe and viable alternative to fiat currencies and profligate monetary and fiscal policies. We have just seen a 3 day 50% correction, which tells us it is time to be a buyer, so that is what we have again done.

Market manipulation cannot detract from the fact that gold is now again the world reserve currency, which will outlast all the criminal machinations of governments and central banks. Just be patient and you will see what we mean. This weeks events remind us of October 19, 1987, when in London we witnessed the US government illegally manipulating the gold market by taking gold down $100.00 for the same basic reason that we have witnessed for three days this past week. You can always trust government and those who control it to act in their own interest and not in the interest of the people. A tip off that these gold and silver moves are bogus is the frightful performance of the dollar that should have been soaring during such a correction, as it did in 2008 gaining 25%. This past week the dollar couldn’t get out of its own way. Up until this week gold, silver and Treasuries were the winners and cross manipulation by our corporatist fascist government is not going to change that over any period of time. Three years ago banks were leveraged 70 to 1 and hedge funds and others over 100 to 1. Today these figures are 10 to 1 to 40 to 1. That is a big difference, so one cannot expect a de-leveraging like we saw a few years ago. Banks are still holding lots of toxic garbage they securitized several years ago and they are still carrying two sets of books, but the wild imprudent leveraged speculation is gone. It has been replaced with moderate speculation. As a result of these events the US society has somewhat changed its attitude in the use of credit. Investors are well aware of market manipulation; naked shorting and front running, now called high frequency or flash trading, all of which the SEC refuses to do anything about. That has driven many investors out of the general bond and stock markets into the safety of investments in gold and silver coins, bullion and shares and that trend will continue. As we are about to find out government debts do matter. That is currently being reflected in German attitudes on the issuance of Eurobonds to fund the economies of six insolvent members of the euro zone and they are justified in rejecting subsidizing losers. They want to cut their losses and leave the euro. They are sick and tired of carrying Europe. That is why many Europeans have been lining up to purchase gold and silver coins, bullion and shares. In Europe today it is difficult to make such purchases.

There is no question that alternative talk radio and the Internet has and is having a tremendous impact worldwide. Americans are finally realizing something is very wrong with our financial and economic system. In the US we continue to see investors leave the stock and bond markets in droves with the exception of gold and silver shares. Each day more people join those already invested in gold and silver related assets. The game that was just played on the American people, the “Budget Control Act of 2011” did not go unnoticed by the public nor did the new, “Joint Select Committee on Deficit Reduction” – known as the “super Congress.” We call the later the Obama Enabling Act, a reflection of the 1933 “Enabling Act” of Adolph Hitler, which allowed him to become dictator.

Congress and the Executive Office refuses to confront any problems our country has. It is always diversionary without permanent impact. Some call it kicking the can down the road. In relation to economic and financial problems the only word they know is stimulus. As long as those behind the scenes are there to pay for their votes via campaign contributions and lobbyists they could care less what happens to the economy. The financial sector and government get what they need to keep functioning and the heck with the real producing economy and unemployment. It never occurs to these people that such spending and debt creation is unsustainable. Worse yet, the current front runner for the Republicans is Rick Perry, twice a guest at the Illuminist Bilderberg meetings, the Texas governor who tried to tie the Texas corridor on the people of Texas for the New World Order, who ordered inoculations for young girls, some of whom died, and who happens to be a philanderer with both sexes. Is this the kind of pervert we want as our President? These are the kind of candidates that are proffered to us by the Council on Foreign Relations and the Trilateral Commission. These are the characters that are funding Mr. Perry. This man is far more dangerous to our country than George Bush and Barak Obama. This is the man the elitists have sent to us to neutralize the candidacy of Rep. Ron Paul for our presidency.

There has not been, nor will there be, any real debate in Congress on the real issues confronting America. That is why we now have our own version of a “Star Chamber”. That is so Congress can be bypassed by 12 political hacks, all of whom have been paid off, otherwise they wouldn’t have their positions. This “Super Congress” relieves Congress of debate, amendments and filibusters. All they have to do is vote on what this Committee gives them and hope no one notices what they are up too. They’ll be flush with giant campaign funds and the protection of the elitists, so what do they care. They will get reelected and they do not care what the cost will be. We might add that the major mainline media is in this scam up to their eyeballs and that you have to get truthful truth and facts from the alternative media, talk shows and the Internet.

These are a few of the reasons why Americans have to pay attention and get new sources of information that inform them of what is really going on. The American system of economics and finance are failing and a new system has to be used to replace the old one that is owned and controlled by Wall Street, banking and transnational conglomerates that in turn own our Federal Reserve. These people at the top have no solutions for the people, only their perpetuation of power and control of the American people. Only about 1% of Americans really understand this problem. About 15% understand a good part of it, and perhaps another 35% have heard of it, but still consider it conspiracy theory. The other 50% is hopeless. They will never understand until it is far too late. People should be preparing for eventualities and most are not. Those storing dehydrated and freeze dried foods, which incidentally our government has been doing for some time, a water filter and a method of defending their family are on the right path to physical survival. For them there is only one investment and that is gold and silver shares, coins and bullion. They are the only safe way to protect your wealth. Gold is on its way to $3,000 to $3,200 by the beginning of March and silver to $100. You do not want to miss the boat.

It is called insolvency. Your federal government is broke having created debt that is unpayable. Under those circumstances, standing in the wings, is government ready to pounce upon your $6 trillion worth of retirement plans, which government wants to exchange for government guaranteed annuities. How can a bankrupt guarantee anything? Just be patient they will come after your retirement just like in the “Budget Control Act of 2011” – they are coming after your Social Security and Medicare, which you paid for. Those who control government do not care about you, you are just useless eaters.

Your jobs have disappeared into the second and third worlds, since the early 1980s. It is called free trade, globalization, offshoring and outsourcing. Those good paying jobs are not coming back unless you make them come back via Congress and tariffs on goods and services and unless you change things your society is terminal. You had best think about all this, because if you don’t there will be no happy ending and you may end up living under a bridge.

VIDEO: Max Keiser & Alex Jones On Ron Paul, Economic Meltdown And Economic Treason

VIDEO: PCR On 9/11 Anniversary – Have We Learned Anything?



Tuesday, August 23, 2011

VIDEO: Corrupt Empire 8/23/11











VIDEO: A House Of Prestitutes. Gerald Celente On The Alex Jones Show 8/22/11.



VIDEO: Ron Paul - Private Gun Ownership Essential In Collapsing Economy

VIDEO: FEMA Camps And The Controlled Implosion Of America: Alex Jones Tv Sunday Edition

The Alex Jones Channel

In this Sunday edition, Alex Jones discusses the controlled implosion of America now underway via economic sabotage, as well as 2012 Presidential Candidate Ron Paul’s comments on the plans for FEMA detention camps under H.R. 645, the Emergency Centers Establishment Act.

Paul recently told an activist reporter that “They’re setting up the stage for violence in this country, no doubt about it.” Alex will also give a rundown of other news and take your calls.











Obama Hits Struggling Americans With Energy Rate Hikes

Draconian EPA regulations lead to blackouts, artificial scarcity after vow to “bankrupt” coal industry

Paul Joseph Watson
GCN Live.com
Monday, August 22, 2011
http://www.gcnlive.com/wp/2011/08/22/obama-hits-struggling-americans-with-energy-rate-hikes/

Following Barack Obama’s vow to “bankrupt” the coal power industry, Americans are set to be hit with a wave of utility bill hikes as draconian EPA regulations drive up the cost of energy while General Electric, one of Obama’s biggest campaign donors, gets a waiver and is completely exempt.

New EPA rules dictate that utility companies will be forced to spend an initial outlay of $800 million dollars to conform with the regulations that mandate “harmful” emissions be reduced under the Clean Air Act.

Groups like the Edison Electric Institute warn that the new rules eventually “cost utilities up to $129 billion and force them to retire one-fifth of coal capacity,” prompting a wave of coal plant shutdowns.

The new rules will exacerbate the problem of rolling blackouts, warns Donna Nelson, head of the Texas Public Utility Commission.

“I have no doubt in my mind that this rule will result in reliability issues and rolling outages in Texas,” Nelson said.

The EPA claims the new rules will “prolong lives by reducing harmful smog and soot pollution,” and yet power plants supplied by General Electric, one of Barack Obama’s biggest campaign contributors, have received an EPA waiver and will not be subject to the regulations.

All this will of course lead to significantly higher utility bills for U.S. citizens, who are being assaulted with more expenses even as the threat of a double-dip recession lowers living standards and the devalued dollar buys less and less each day while food stamp usage hits record highs.

“Wisconsin Public Service Corp. of Green Bay said its residential customers can expect an increase of more than $4 a month next year, including about $2 linked to the new rules designed to limit air pollution from coal-fired power plants,” reports the Milwaukee-Wisconsin Journal Sentinel.

The Obama administration’s crusade against coal-fired power plants, launched on the back of discredited junk science about hyped global warming threats, has little to do with improving the environment and everything to do with lowering living standards by creating artificial scarcity.

Obama’s strict enforcement of draconian EPA regulations has led to new clean-burning coal-fired plants being mothballed and other existing ones being shut down, which has in turn led to Texas and other states becoming energy-dependent, leading to shortages and blackouts exacerbated by freezing temperatures this past winter.

Despite White House Communications Director Dan Pfeiffer’s brazen lie in claiming that the winter blackouts were solely a result of “mechanical failures,” the Electric Reliability Council of Texas, the agency that oversees the state’s power, confirmed that the increasing likelihood of blackouts was a result of a “maxed out grid”.

This “maxed out grid” is a consequence of federally enforced EPA restrictions that have led to the delay, mothballing and closing down of coal-fired plants. In Texas, approval for the much-needed Las Brisas Energy Center has been delayed for 3 years as a result of EPA meddling in Texas’ energy policy.

Numerous other coal power plants around the country that would have eased America’s artificially created energy crisis have also been shut down or abandoned.

The Obama administration’s mission to force Americans into fuel poverty was openly announced back in February when Energy Secretary Steven Chu unveiled the prospect of “massive” coal plant closures.

“We’re going to see massive retirements within the next five, eight years,” Chu said at a renewable-energy conference in Washington.

“Smaller, older units” that burn coal “won’t be economic under new clean air standards,” added Luke Popovich, a spokesman for the Washington-based National Mining Association.

Americans will be made to foot the bill as part of Obama’s publicly stated agenda to bankrupt the coal industry in the move towards a “green economy,” which has little to do with the environment and everything to do with hollowing out America’s industrial base so that the country may be more easily swallowed up by the “post-industrial revolution” that remains the goal of the global elite.

Before Obama was elected, he promised to “bankrupt” the coal power industry, which is one of the very few promises that he has actually kept as President.

21 Signs That The New Reality For Many Baby Boomers Will Be To Work As Wage Slaves Until They Drop Dead

The Economic Collapse
Aug 22, 2011
http://theeconomiccollapseblog.com/archives/21-signs-that-the-new-reality-for-many-baby-boomers-will-be-to-work-as-wage-slaves-until-they-drop-dead

All over America tonight, millions of elderly Americans are wondering if their money is going to run out before it is time for them to die. Those that are now past retirement age are not going to be rioting in the streets, but that doesn’t mean that large numbers of them are not deeply suffering. There are millions of elderly Americans that are leading lives of “quiet desperation” as they try to get by on meager fixed incomes. Many are surviving on Ramen noodles, oatmeal, peanut butter or whatever other cheap food they can find in the stores. There are some that are so short on cash that they will not turn on the heat in their homes until things get really desperate. As health care costs soar, millions of elderly Americans find themselves deep in debt and facing huge medical bills that they cannot possibly pay. A lot of older Americans would go back to work if they could, but jobs are scarce and very few companies seem to even want to consider hiring them. Right now caring for all of the Americans that have already retired is turning out to be an overwhelming challenge, and things are about to get a whole lot worse. On January 1st, 2011 the very first Baby Boomers turned 65. A massive tsunami of retirees is coming, and America is not ready for it.

Sadly, most retirees have not adequately prepared for retirement. For many, the recent economic downturn absolutely devastated their retirement plans. Many were counting on the equity in their homes, but the recent housing crash crushed those dreams. Others had their 401ks shredded by the stock market.

Meanwhile, corporate pension plans all across America are vastly underfunded. Many state and local government pension programs are absolute disasters. The federal government has already begun to pay out significantly more in Social Security benefits than they are taking in, and the years ahead are projected to be downright apocalyptic for the Social Security program.

So needless to say, things do not look good for the Baby Boomers that are now approaching retirement age.

The following are 21 signs that the new reality for many Baby Boomers will be to work as wage slaves until they drop dead….

#1 According to a shocking AARP survey of Baby Boomers that are still in the workforce, 40 percent of them plan to work “until they drop”.

#2 A recent survey of American workers that included all age groups found that54 percent of them planned to keep working when they retire and 39 percent of them plan to either work past age 70 or never retire at all.

#3 A poll conducted by CESI Debt Solutions found that 56 percent of American retirees still had outstanding debts when they retired.

#4 A recent study by a law professor from the University of Michigan found that Americans that are 55 years of age or older now account for 20 percent of all bankruptcies in the United States. Back in 2001, they only accounted for 12 percent of all bankruptcies.

#5 Between 1991 and 2007 the number of Americans between the ages of 65 and 74 that filed for bankruptcy rose by a staggering 178 percent.

#6 Most of the bankruptcies among the elderly are caused by our deeply corrupt health care system. According to a report published in The American Journal of Medicine, medical bills are a major factor in more than 60 percentof the personal bankruptcies in the United States. Of those bankruptcies that were caused by medical bills, approximately 75 percent of them involved individuals that actually did have health insurance.

#7 The U.S. government now says that the Medicare trust fund will run dry five years faster than they were projecting just last year.

#8 Starting on January 1st, 2011 the Baby Boomers began to hit retirement age. From now on, every single day more than 10,000 Baby Boomers willreach the age of 65. That is going to keep happening every single day for the next 19 years.

#9 Over 30 percent of all U.S. investors currently in their sixties have more than 80 percent of their 401k retirement plans invested in equities. So what happens if the stock market crashes again?

#10 All over the United States predatory lenders are coldly and cruelly foreclosing on elderly homeowners. You can read what one lender is doing to a 70-year-old woman and her terminally ill husband right here.

#11 Medical bills are absolutely devastating large number of elderly Americans right now. Many are going to great lengths to try to pay their bills. An elderly woman that lives in the Salem, Oregon area that is fighting terminal bone cancer tried to raise some money for her medical bills by holding a few garage sales on the weekends. However, a neighbor ratted her out, and so now the police are shutting her garage sales down.

#12 Social Security’s disability program has already been pushed to the brink of insolvency and wave after wave of new applications continue to pour in.

#13 Approximately 3 out of every 4 Americans start claiming Social Security benefits the moment they are eligible at age 62. Most are doing this out of necessity. However, by claiming Social Security early they get locked in at a much lower amount than if they would have waited.

#14 According to the Congressional Budget Office, the Social Security systempaid out more in benefits than it received in payroll taxes in 2010. That was not supposed to happen until at least 2016. Sadly, in the years ahead these “Social Security deficits” are scheduled to become absolutely nightmarish as hordes of Baby Boomers retire.

#15 In 1950, each retiree’s Social Security benefit was paid for by 16 U.S. workers. In 2010, each retiree’s Social Security benefit was paid for by approximately 3.3 U.S. workers. By 2025, it is projected that there will be approximately two U.S. workers for each retiree. How in the world can the system possibly continue to function properly with numbers like that?

#16 According to a shocking U.S. government report, soaring interest costs on the U.S. national debt plus rapidly escalating spending on entitlement programs such as Social Security and Medicare will absorb approximately 92 cents of every single dollar of federal revenue by the year 2019. That is before a single dollar is spent on anything else.

#17 Most states have huge pension liabilities that are woefully underfunded. For example, pension consultant Girard Miller recently told California’s Little Hoover Commission that state and local government bodies in the state of California have $325 billion in combined unfunded pension liabilities. When you break that down, it comes to $22,000 for every single working adult in the state of California.

#18 Robert Novy-Marx of the University of Chicago and Joshua D. Rauh of Northwestern’s Kellogg School of Management recently calculated the combined pension liability for all 50 U.S. states. What they found was that the 50 states are collectively facing $5.17 trillion in pension obligations, but they only have $1.94 trillion set aside in state pension funds. That is a difference of 3.2 trillion dollars. So where in the world is all of that extra money going to come from? Most of the states are already completely broke and on the verge of bankruptcy.

#19 According to one recent survey, 36 percent of Americans say that they don’t contribute anything at all to retirement savings.

#20 According to another recent survey, 24 percent of all U.S. workers saythat they have postponed their planned retirement age at least once during the past year.

#21 Even though prices for necessities such as food and gas have been exploding, those receiving Social Security benefits have not received a cost of living increase for two years in a row. Many elderly Americans that are living on fixed incomes are being squeezed like they have never been squeezed before.

There are millions of Americans out there that have done everything “right” all of their lives, but that now find the system letting them down in their golden years.

So how badly are some people hurting? Well, a reader identified as “Anna44″recently shared with us what some of her family members have been going through in this economy….

My B-I-L was a dealership owner/manager who worked long hours over 38 years and had to close his doors when Saturn was dissolved. When his dealership went under, 72 others lost their job. That’s 72 families who took a hit. He lost his home, everything. A few of his former employees lost their homes as well eventually. They were not lazy or WORTHLESS. It took him a year and a half to finally find something, but now he lives in a hotel unable to qualify for a house or apartment. This is an educated man who competed nationwide for top dog and got it more then once. His biggest fault? He’s almost 60, young enough to need the work, but too old to be hired.

As for my husband- 26 years AF officer, handling millions & billions on International & National levels has just entered his 7th month of unemployment. Two tours abroad- lazy he is NOT. He doesn’t qualify for unemployment, nor is he counted because he gets a retirement check. He wants and needs to work- yet there is little out there. If he doesn’t find something soon, we too will lose the home we sunk every cent into after 20 years of saving for it!

These are Americans that should be getting ready to enjoy their golden years, but that are now fighting just to survive.

Today you will find a disturbingly large number of elderly Americans flipping burgers or welcoming people to Wal-Mart. But most of them are not doing it because they are bored with retirement. Rather, most of them are working as wage slaves because that is what they have to do in order to survive.

Sadly, there are a whole lot of companies out there that do not want to hire people that are past a certain age. If you are older than 50, there are a lot of jobs that you should just basically forget about applying for.

Instead of valuing the experience and wisdom of our elders, our society openly makes fun of them and treats them as undesirables.

If you are afraid of getting old, you are not being irrational. Getting old is indeed something to fear in this society. We tend to treat elderly Americans like garbage.

Abuse of the elderly is rampant. For example, a report from a couple of years ago found that 94 percent of all nursing homes in the United States had committed violations of federal health and safety standards.

As the U.S. economy continues to crumble, the way we treat the elderly is probably going to get even worse.

Right now there is tons of bad news about the economy, and another major economic downturn would put even more pressure on federal, state and local government budgets.

The truth is that there is simply no way that we can keep all of the financial promises that we have made to elderly Americans even if the most optimistic projections for our economy play out.

If the worst happens, we are going to see a lot more elderly Americans eating out of trash cans and freezing to death in their own homes.

The United States is facing a retirement crisis of unprecedented magnitude. A comfortable, happy retirement is rapidly going to become a luxury that only the wealthy will enjoy.

For most of the rest of us, our golden years are going to mean a whole lot of pain and suffering.

That may not be pleasant to hear, but that is the truth.

VIDEO: Gerald Celente - Gold Nears $1,900 Per Ounce Due To Inflation Fears. Get Ready For A Bank Holiday

Sunday, August 21, 2011

VIDEO: Bimbo Eruptions!!! Rick Perry's Bixexual Sexcapades Exposed!!!





By Choosing The Big Banks Over The Little Guy, The Government Is Dooming BOTH

Washington’s Blog
Aug 21, 2011

Should Government Help the Little Guy or the Big Banks?

If the government is going to give anyone money, giving it to the little guy is arguably more fair than giving money to Wall Street fatcats.

Moreover, as Steve Keen demonstrated mathematically in 2009, giving money to the debtors is much better for stimulating the economy than giving it to the creditors.

In addition, because runaway inequality causes depressions, helping out the little guy helps to stabilize the economy.........

Continue reading here: http://www.washingtonsblog.com/2011/08/government-didnt-temporarily-help-banks.html

Understand History To Understand The Current Markets

Bob Chapman
International Forecaster
Aug 21, 2011
http://theinternationalforecaster.com/International_Forecaster_Weekly/Understand_History_To_Understand_The_Current_Markets

Every professional has their own method of analyzing markets, finance and economies, and some do well coming up with the direction of social and political issues as well. The other 97% miss one-half to two-thirds of the time. That is not very good and one asks why? The answer is simple they really haven’t studied history as well as they should have.

Some believe that the crisis in Europe is the heart of today’s problems. It certainly is a strong integral part, but not the primary causation. The 3-year old finance bubble was created by the Federal Reserve, which began the situation starting in 1993. We saw the dotcom boom, which they could have stopped in its tracks. All they had to do is raise margin requirements from 50% to 60% temporarily. After that collapse in mid-March 2000, they decided rather than purge the systems, as they as well should have done in 1990-92, they created another bubble in real estate. They have been trying to recover from that bubble and other layover problems since we’d say 2000.

Yes you can blame Europe for its part, but the blame lies with the Bank of England, the European Central Bank, and the banks and personages, who control those entities. Those in England, Europe and in the US, who control business, finance and economics from behind the scenes, have played the parts they have in order to bring about world government. If you can perceive and accept that from an historical perspective, they you can understand what is really going on.

European banks are struggling with their fundings and credit is drying up. This is what happened in 2008. As a result Europe is a disaster waiting to happen. Europe is finally realizing this is all about debt. The socialists want it go away, just disappear but it does not happen that way. Debt and credit default swaps will in the end rule the day.

Few reflect back to 12 years ago when the Maastricht Treaty was being approved. The cornerstone was public debt that was not supposed to be more than 3% of GP. That did not last long. Then Italy and Greece, with the help of Goldman Sachs and JPMorgan helped these two basket cases qualify for the euro and euro zone by Mickey Mousing their balance sheets. We saw one interest rate fits all and we knew the euro was doomed before it got started. The condition of the euro zone and Europe is certainly terrible, but so are US debt problems. Policy decisions are bad, but not any worse than they are in the US.

We see pundits trying to separate sovereign debt from bank debt. They are one in the same, because the banks control the governments, and tell them what to do. Europe particularly France, was very upset last week when SoGen was rumored to be insolvent. The answer from those accused was rubbish. SoGen has a history of one of the most criminal banks in the world, so what is new. Just more criminality. SopGen and France are under pressure because they own loads of PIIG debt and are being asked to supply more funds to bail out their neighbors, a role they cannot fulfill without going under themselves. The situation France is in is three times worse what it was in 2008. Everyone expects France and Germany to bail out the bankrupts and that cannot happen. Neither the banks nor the governments can continue to do what they have been doing and at the same time control their financial systems and economies. Now you can understand why CDS credit default swaps trade above 180, when they traded at 80 in 2008. We feel that if the six countries in trouble are not allowed to default it will take the other nations under as well. There is much at stake here. Not only the insolvency but also the breakup of the euro zone and the euro and the dream of using them as a template for a new world order.

In addition it is very significant CDS for Brazil jumped from 35 to 152 as did Mexico, which is an indirect result of what is going on in Europe, UK and the mortgage bond market and by cutting back 30% on loans to small and medium sized businesses. Although they are very leveraged in their other operations, such trading and global leveraged speculation include great counterparty risk. This time exposure is somewhat different but the exposure in the theatre could be just as bad risk wise as it was in 2008. Generally speaking they are not long gold and silver bullion and shares, they are for the most part short. The venue that could be very dangerous is derivatives. The way these major banks and countries have become interconnected the danger always persists and once a fallout begins it could bring down all major banks and countries. Don’t let that fact escape you. They dodged the bullet in 2008, but they might not the next time. The carry trade is as large as it has ever been and the cost of borrowing is close to zero, again, encouraging taking on too much risk.

This past two weeks currency markets have seen large swings, especially in second and third tier countries. No one knows the size of carry trades affecting these countries. We have seen a number of countries quickly give up almost all of their dollar gains of the past several months and the Swiss and Japanese have spent billions of dollars trying to push down the value of their currencies, but to no avail. The euro and the dollar have stayed about the same, but we see the euro weaker due to ongoing financial problems, which contrary to conventional wisdom have not been solved. Throughout Europe not only has money been lent at very low rates, but also much of it is uncollectible. This broken European bubble will deflate for some time to some. It will affect all other sovereign debt negatively as well. These are the borrowers of part of that $16.1 trillion that was lent by the Fed over the last few years, which has never been paid back. European banks are buried in debt and the politicians, whom they own, will do their best to protect them. Unfortunately, there is no painless solution. The contagion is underway and the latest meeting to solve these problems was a failure. The latest European version of the issuance of quantitative easing to buy Italian and Spanish bonds will prove to be futile, just another attempt with taxpayer funds to bail out the banks. This possible “Black hole of Calcutta” at this point puts Europe in a worse position compared to the US, which is no piece of cake, and probably won’t far any better in the future. The working out of US problems will just take longer. As each day passes and in spite of the disinformation, confidence in Europe and the US falters and rightly so. The US has no periphery to support essentially Europe does and that is in favor of the US, but ultimately US problems are far more overwhelming.

The recent commitment of the Fed for zero interest rates for the next two years showed great weakness and will in time come back to haunt them. This was another reward for Wall Street speculators and another moldy bone thrown to the nations savers and elderly. There is no question Wall Street and banking, which own the Fed are desperate, to make such a commitment. The decision for QE 3 was made 15-months ago when we predicted it. We could see it coming and we know the decisions of the last 11 years and the pressure being exerted on the Fed will ultimately bring about its demise, and its days of looting the American public will be over. What the Fed and the ECB have done in greed and for their dream of world government is over. We are closing in on payback time, as desperate measures become more noticeable and a solution remains out of their reach. They will pay for what they have done to us.

Even though we expect at least a few more years of unrestrained leveraged speculation, it will then come to an end. It has become a crucial factor for monetary policy championed by both Sir Alan Greenspan and Ben Bernanke. Wall Street and baking love it, because their positions allow them to create inside information, which allows them to make money consistently with little or no risk. We also have the SEC and the CFTC perpetually looking the other way aiding and abetting their criminal behavior. If you add in that there are no limits to what they can do you essentially have an ongoing free for all. This is unrestrained finance via a policy of zero interest rates. This gives Wall Street and banking a license to steal.

All this has caused a bubble and that bubble is in the process of bursting, a product of fiscal and monetary stimulus. That is not only in the US, UK and Europe, but worldwide As a result confidence in the global system is being lost. De-leveraging of bullish bets in markets of bonds and stocks is underway. Ironically these speculators are short gold and silver and the shares. Short covering is in process with some even switching to the long side in the gold and silver bullion and share markets. How any economist could believe that leveraged speculation reduces risk is beyond us. Fortunately the other shoe has dropped and such theory has been disproved.

The result of all this is that we have an escalating debt crisis worldwide and now the experts in and out of government do not have any solutions as to how to rectify the situation. The sovereign debt crisis has been underway since the early 1970s. This experience shows you how long bad things can last. Before this is over trillions of dollars will be defaulted upon. The days of overwhelming stimulus to gain traction in the economy or economies is in the process of being ineffective. We like to call it the law of diminishing returns. The $2.3 to $2.5 trillion we project that the Fed will have to create in the coming fiscal year will at best produce GDP growth of zero. The minute the Fed and Congress stop feeding the system we will be looking at negative growth of 5%. We are headed toward crunch time and there is no avoiding it. Uncertainty and instability are America’s and the world’s next challenge. Currencies are going to react widely. Gold and silver will fly along with the gold and silver shares as a result of debt and falling economies accompanied by inflation. The big problem will not only be de-leveraging, but also the opaque derivative markets and the Exchange Traded Funds, many of which are leveraged. Yes, it will be a very rough ride, so you had best get ready for it. We never had a recovery and the trappings of growth are quickly falling away. Extending the time line for all these problems is coming to an end, but it probably will not be abrupt. There will be all kinds of terrible events, but it looks like the elitists are going to play this out over an extended time frame before they attempt to pull the plug. That means these problems could be extended out five or even ten more years on a degenerating basis. That also means we will continue to have limited wars for financial gain and distraction. The strategy has been and will continue to be to keep creating money and credit and allow inflow to reduce the size of the debt. These comments regarding debt quoting Bernanke and throwing money from helicopters and Greenspan’s admission that the US cannot be downgraded, because it can always print money are flippant and very unprofessional. What they have both done rather than allow the US government to default is to perpetually create money and credit to paper over the economy’s failure. This process increases inflation that quietly steals the value of purchasing power like a thief in the night. Both men can be classified as thieves for having done to the American people and others by stealing the fruits of their labor. This trick used by money masters and politicians for centuries is little understood by the public and most cannot understand how it works and the ultimate ramifications. These characters and others create additional debt, which is followed by other nation’s central banks, which has created a race to the bottom and eventually all nations cannot pay their debts and default. Eventually in order to prevent a collapse in the financial system a meeting is held such as was held at the Smithsonian talks in the early 1970s, or the Plaza Accord in 1985 and the Louvre Accord in 1987. All currencies are revalued and devalued and there is multilateral debt settlement. We believe that is how all this will come about.

Evidentially a deal has been made from behind the scenes to relieve the Fed of having to produce $850 billion in stimulus and that task has been delegated to Mr. Obama. The President, while calling for budget cuts, is calling for $850 billion for stimulus 3. Observing recent actions by Congress some idiotic excuse will be made up and like magic stimulus 3 will appear. We also suggest that the President will use the London rioting as a cause for such stimulus. Remember never let a crisis go to waste. It is sure to be sold in the behalf of preservation of order. We do not believe the powers behind government will get the desired results.

Admittedly, Ben Bernanke inherited a can of worms from Sir Alan Greenspan. Ben has been able to accumulate $3 trillion worth of an assortment of Treasuries, Agencies and CDS, and MBS’s, also known as toxic waste, over the past few years. Those moves decidedly have been negative for the rating of US government debt. The rating really should have been lowered five years ago during the Greenspan years and perhaps even sooner than that. Due to massive increases since 2006 by the Fed we now already are in a bubble.

The 12 person congressional debt commission, we like to refer to as the Obama Enabling Act, patterned after Adolph Hitler’s legislation of 1933, which allowed him to become dictator of Germany, supposedly will produce moderate spending cuts. Knowing that Standard and Poor’s has warned this “Star Chamber” proceeding, which bypasses Congress, that there are not substantial cuts in Social Security and Medicare, that S&P will again lower the US debt rating. Everyone seems to overlook that fact. That means that if there is not large Social Security and Medicare cuts and an increase in taxes, S&P will strike again, and the bond market will burst, and Mr. Bernanke’s house of cards will collapse. As we explained previously the debt extension could have been passed in 15 minutes, but it wasn’t because the powers behind government the Council on Foreign Relations, wanted to chop up SS and Medicare, and to put this panel in place. All is never what it seems to be.

VIDEO: Ron Paul - Collapsing Economy And Hyperinflation Will Lead To Civil Unrest! FEMA Camps Will Be Opened To Imprison Protesters And Rioters!!



The above information is extremely important. Ron Paul was recently asked by an investigative blogger if he was concerned about legislation in Congress that would officially establish FEMA camps in America. Ron Paul responded in the affirmative. For more information on the Homeland Security plans, see Alex Jones’ Police State 4: The Rise of FEMA.




VIDEO: They Must Be Joking!!! Crony NASA Scientists say, "Pay Your Carbon Taxes To Al Gore Or Space Aliens Will Atteck.!"



VIDEO: The Wages Of Globalization Are Poverty, Oppression And Humiliation. Alex Jones Exposes Rick Perry As A Stooge Working For The Banksters!



VIDEO: Obama Cancels Deportation Of Illegal Aliens



Saturday, August 20, 2011

VIDEO: DHS Snitch Video Is Throwback To East German Stasi

VIDEO: Peter Schiff Was Right! Sick Economy Drives Gold Well Over $ 1,800 Per Ounce

RT
Aug 20, 2011

With the decline of the world economy, many investors are flocking to the precision metal: gold. Many say buying gold is a safe haven from worldwide inflation and gold will keep its value over any paper money. Will gold continue to increase in value? Peter Schiff, president of Euro Pacific Capital, tells us more about the precious metal.



New York Cops Prepare For Civil Unrest

Special unit set up to ‘troll Twitter and Facebook’ for “suspicious activity”



Paul Joseph Watson
Infowars.com
Friday, August 19, 2011
http://www.prisonplanet.com/new-york-cops-prepare-for-civil-unrest.html

In the aftermath of last week’s riots in the United Kingdom, the NYPD has held a “mobilization exercise” to train police to prepare for civil unrest in the United States, while also launching a program designed to spot signs of potential trouble via social networking websites.

The NYPD Disorder Control Unit brought together police from all five of the city’s boroughs to rehearse what the response would be “should out-of-control riots break out here”.

“Approximately 180 police officers total from each borough’s task force, including the horseback and aviation units, came out for the drill,” reports the Metro.

However, unlike in the United Kingdom where the rioters mainly comprised of teenage kids taking the opportunity to steal iPods and other high-end electrical goods, civil unrest in the United States is far more likely to have a political motivation.

With many Americans now becoming “pre-revolutionary” as a result of their fury at the Obama administration and equally unpopular lawmakers in Washington, potential civil unrest could spring not just from a poverty-stricken underclass, but also the shrinking middle class.

Perhaps that’s why the Department of Homeland Security is increasingly focusing its anti-terror apparatus on white middle class Americans, portraying them as domestic terrorist in a series of PSA videos.

In addition to the riot training, a new NYPD unit has also been set up to “troll sites like Twitter and Facebook for suspicious activity” in order to pre-empt potential flash mobs and other civil unrest.

Social networking websites like Facebook and Twitter came in for harsh condemnation following the UK riots, with Prime Minister David Cameron advocating authorities have the power to shut down access during times of public disorder.

For his part in decrying social media, Cameron was praised by none other than Communist China, which habitually censors the Internet to hide political corruption or prevent legitimate protesters from receiving media attention. The Communist state routinely uses such powers, which Senator Joe Lieberman has called to be introduced in the United States, to cover up atrocities and abuses against its own citizens.

Twitter, Facebook and Youtube are all banned in China and even sanitized government approved versions of these websites are now being shut down for long periods of time so that they can “remove all politically sensitive content under orders from Chinese internet authorities”.

*********************

Paul Joseph Watson is the editor and writer for Prison Planet.com. He is the author of Order Out Of Chaos. Watson is also a regular fill-in host for The Alex Jones Show.

Obama Cancels Deportation Of Illegals

The Washington Times
Stephen Dinan
August 19, 2011

Bowing to pressure from immigrant rights activists, the Obama administration said Thursday that it will halt deportation proceedings on a case-by-case basis against illegal immigrants who meet certain criteria, such as attending school, having family in the military or having primary responsible for other family members’ care.

The move marks a major step for President Obama, who for months has said he does not have broad categorical authority to halt deportations and said he must follow the laws as Congress has written them.

But in letters to Congress on Thursday, Homeland Security SecretaryJanet Napolitano said she does have discretion to focus on “priorities” and that her department and the Justice Department will review all ongoing cases to see who meets the new criteria.

“This case-by-case approach will enhance public safety,” she said. “Immigration judges will be able to more swiftly adjudicate high-priority cases, such as those involving convicted felons.”

Full article here: http://www.washingtontimes.com/news/2011/aug/18/new-dhs-rules-cancel-deportations/


OUTRAGE OF THE DAY: Do You Realize That The Government Is Still Paying Banks Not To Lend...?

Henry Blodget
Business Insider
August 18, 2011

One of the most outrageous “open secrets” of U.S. government policy these days is that the Federal Reserve is still paying big banks not to lend money.

And it’s doing that while screwing average Americans who have been responsible and lived within their means.

Huh?

Seriously:

The Federal Reserve is quietly continuing with one of the many outrageous bank-bailout programs it initiated during the financial crisis–the one in which it pays big banks interest on their “excess reserves.”

What are “excess reserves”?

Money that the banks have but aren’t lending out–money that banks are just keeping on deposit at the Fed.

The Fed is paying banks 0.25% interest on this money.

Continue reading here:
http://www.businessinsider.com/government-paying-banks-not-to-lend-2011-8

Rise of the Fourth Reich, how Germany is using the financial crisis to conquer Europe

Be in no doubt what fiscal union means: it is one economic policy, one taxation system, one social security system, one debt, one economy, one finance minister. And all of the above would be German


Angela Merkel and Nicolas Sarkozy met to discuss the Euro zone debt crisis yesterday, with the outcome of conversations suggesting a fiscal union could be created - of which Germany will dictate terms


Mr Sarzoky and Mrs Merkel talked of a 'true economic government movement' while the German leader called for 'a stronger coordination of policy' during the meeting in Paris


The recently-agreed European Financial Stability facility allows the ECB to apply sticking-plasters to some of the debtor nations, but is not the answer to the crisis


UK Daily Mail
By SIMON HEFFER
April 17, 2011
http://www.dailymail.co.uk/news/article-2026840/European-debt-summit-Germany-using-financial-crisis-conquer-Europe.html

Yesterday’s crisis meeting between Angela Merkel and Nicolas Sarkozy was arranged before the participants knew of the disastrous growth figures in the Eurozone that emerged in the morning.

The background to the meeting was last week’s tumult in the world financial markets. Shares had gone into freefall after the downgrading of America’s credit rating.

Worse than that, however, were the tremors rattling some of Europe’s most important banks, notably in France, caused by further evidence of the utter failure of even the more developed European economies to live anything like within their means.

Chancellor Merkel has managed to use the hard-earned money of German taxpayers to bail out profligate Eurozone countries without suffering any political fall-out. This is unlikely to remain the case and Mrs Merkel knows it.

That is why yesterday she played down talk of the European Central Bank — funded by German-backed Eurobonds — paying off the debts of these all-but-bankrupt nations.

Instead, there was forceful talk of Eurozone countries being coerced into balancing their budgets and reducing their debt through what Merkel and Sarkozy called a ‘true European economic government movement’ made up of all the heads of state and led, initially, by the EU President Herman Van Rompuy.

Frau Merkel called for a ‘stronger coordination of policy’ and ‘a new quality of cooperation’ within the Eurozone.

Although she will not yet admit it, this all suggests the first step has been taken towards a fiscal union that will leave Germany dictating the financial terms for the rest of Europe.

It is the one country that is able to do so. Greece, Ireland and Portugal are economic basket cases. We have heard more and more about the trouble in Spain, where unemployment is over 20 per cent.

Italy is tottering — the figures for 2010 show it has debts of 116 per cent of GDP, making the country second only to Greece at around 143 per cent.

Meanwhile, the recent addition of France to the list of at-risk economies has caused real shock and panic across the Channel. Its banks hold about an eighth of Greek debt, or $57 billion, its stock market has tumbled and credit rating agencies are talking of removing France’s triple A status.

So, after a summer of increasingly shrill panics around the Mediterranean, the contagion is moving north. Individual bail-outs have been tried, but they obstinately refuse to work. Only an idiot would think they would: they treat only the symptoms of Europe’s economic decline, not its causes.

If only everybody could be like the Germans, and spend just a mite more than they earn, then all would be well, the markets seem to say.

Germany lay in ruins in 1945, but it then invested in manufacturing plant, developed first-class education, innovated, raised its productivity and competed on quality not price.

Over the next 60 years it won the peace as comprehensively as it lost the war.

If the euro is to survive — and with it the European project — the other 16 Eurozone countries will have to be like the Germans. Indeed, they must lose the freedom not to be like the Germans.

That means a complete fiscal union in which Germany, as the EU’s most powerful economy and principal paymaster, makes the rules and makes them unbreakable.

George Osborne interrupted his holiday in austerity-free Beverly Hills a fortnight ago to make this point by telephone to the European Commission and the ECB.

It is a high-risk strategy on his part, for if such a plan succeeded it would make Europe effectively a German empire, with non-Eurozone countries such as Britain on the sidelines.

Mr Osborne clearly believes we have no choice. His concern is that if the European economy implodes we would be badly damaged: not so much because of the debt owed by countries such as Greece to British banks, but also because of the loss of export markets in the Eurozone countries and investment by them in Britain.

However, the prospects of Germany’s partners in the Eurozone are starker still.

If the global financial markets continue to have no confidence in the sticking-plaster rescue packages offered by Eurozone leaders, some nations will go bankrupt — one or two, such as Greece and Ireland, are already more or less trading while insolvent.

They may hope their salvation, apart from pulling out of the single currency and devaluing, would be to accept Germany properly bolstering the euro and effectively colonising the Eurozone.

This would entail a loss of sovereignty not seen in those countries since many were under the jackboot of the Third Reich 70 years ago.

For be in no doubt what fiscal union means: it is one economic policy, one taxation system, one social security system, one debt, one economy, one finance minister. And all of the above would be German.

That is not merely the price the markets would demand to be confident about the euro’s future, and to be happy to buy debt that could help fund Greece, or Ireland, or Italy. It is also the price that Germans themselves seem to be demanding for their support.

Stern, the German news magazine, conducted a poll last week among Mrs Merkel’s own supporters that showed that 52 per cent were opposed to her bail-out policy, and 62 per cent worried about the course of her party generally.

She is only two years from having to fight another election and cannot defy democratic gravity for ever.

Germany has already pumped 120 billion euros into the 440 billion bail-out fund. It is the fifth biggest economy in the world, which would mean that imposing its way of doing things on the other 16 nations would carry tremendous clout internationally.

It also has another reason for needing to shore up its partners: 42 per cent of its exports go to the Eurozone, with France alone taking 90 billion euros’ worth a year.

However, the latest figures show that demand for German goods is slowing, as is German growth. Shortly before the extent of the French problem with Greece was made public, Commerzbank — one of Germany’s leading banks — announced that it had to use 93 per cent of its second-quarter profits to write down $1.1 billion of Greek debt.

If Germany is to continue to prosper, Europe must prosper: but a ruthless solution may have to be imposed in order for that to happen. If the European project is to continue, Germany will not merely have to underwrite it, but control it.

The recently-agreed European Financial Stability Facility is not the answer. It is just another in a series of sticking-plasters that allows the ECB to buy the bonds of debtor nations to keep them solvent.

All these sticking-plasters are designed in the belief that the wound will not become yet more gaping: but it always does.

The alternative is the massive surrender of sovereignty to Germany by the rest of the Eurozone that would allow the economic policy of Greece, Ireland and Portugal to be made in Berlin.

That would reassure the markets, but it would also remove any pretence of democracy in those 16 countries: for once you have lost control of your economy, you have lost your sovereignty.

Every spending department in every government in the Eurozone would have its policy made in the old capital of Prussia.

And if the people did not like their governments being left with fewer powers than a county council, that would be tough. The alternative is ruin.

Where Hitler failed by military means to conquer Europe, modern Germans are succeeding through trade and financial discipline. Welcome to the Fourth Reich.