Thursday, January 31, 2013

VIDEO: America's End Game Is Here! G. Edward Griffin - Creating Money Out Of Thin Air Leads To The Destruction Of Empires!





VIDEO: Peter Schiff - “the biggest change that is coming to the global economy is a realignment of global living standards.”




VIDEO: Gerald Celente - Trends In The News - "It Must Be True" - (1/23/13



In Amerika Law No Longer Exists: the extermination of truth

Paul Craig Roberts
Prison Planet.com
Jan 31, 2013

In the 21st century Americans have experienced an extraordinary collapse in the rule of law and in their constitutional protections. Today American citizens, once a free people protected by law, can be assassinated and detained in prison indefinitely without any evidence being presented to a court of their guilt, and they can be sentenced to prison on the basis of secret testimony by anonymous witnesses not subject to cross examination. The US “justice system” has been transformed by the Bush/Obama regime into the ”justice system” of Gestapo Germany and Stalinist Russia. There is no difference.
In an article available here: http://www.wrmea.org/wrmea-archives/541-washington-report-archives-2011-2015/january-february-2013/11611-why-all-americans-should-care-about-the-holy-land-foundation-case.html Stephen Downs, formerly Chief Attorney with the New York State Commission on Judicial Conduct and Kathy Manley, a criminal defense attorney and member of the New York Civil Liberties Union, report on how the US government destroyed a charity, the Holy Land Foundation, which provided money for feeding the poor and for building schools and hospitals in Palestine.
The charity, aware of the perils of being based in the US and doing anything for Palestinians, relied on the US State Department and the US Department of Justice (sic) for guidance on where to send humanitarian aid. The charity sent its aid to the same aid committees in Palestine that the US Agency for International Development and the UN used to distribute aid to the Palestinians.
In the first trial of the Holy Land Foundation, the US government admitted that none of the charity’s donations had gone to terrorist organizations, and the federal prosecutors failed to achieve a conviction. So the prosecutors tried the charity again.
In the second trial, the judge permitted the prosecutors to call an “anonymous expert” to tell the jury that some of the committees used by USAID and the UN and approved by the US Department of State were controlled by Hamas, the elected government of Palestine that Israel requires the US government to brand as “terrorist.”
As Downs and Manley point out, an “anonymous expert” cannot “be challenged because he is unknown.” There cannot be a cross examination. The “expert” could be anyone–someone paid to lie to the jury, a Jew who believes all help to Palestinians comprises “aid to terrorists,” or a member of Mossad, the Israeli intelligence service that has throughly infiltrated the US according to US intelligence experts.
Injustices are everywhere, the authors admit, so why is this important to you? The answer is that the due process clause of the US Constitution requires that criminal laws give fair notice as to what conduct is prohibited. According to Downs and Manley, the Holy Land Foundation followed the US State Department’s list of designated terrorist organizations and avoided all contact with organizations on the list, but were indicted and convicted regardless. This tells us that federal prosecutors are viciously corrupt and that jurors are so inept and propagandized that they are useless to defendants.

The US Supreme Court refused to review this most blatant case of wrongful conviction. By so doing, the US Supreme Court established that the court, like the US House of Representatives, the US Senate, and the executive branch, is not only a servant of the police state but also a servant of Israel and supports the destruction of the Palestinians by designating aid to Palestine as an act of terrorism.
What this means for you is that your involvement in legal transactions or associations can be declared ex post facto by secret witnesses to be criminal involvements. The criminality of your past behavior can now be established, according to Downs and Manley, by “anonymous experts,” mouthpieces for the government prosecutors who cannot “be confronted or cross-examined within the meaning of the 6th Amendment.”
Downs and Manley write: “The implications are enormous. The government can now criminalize political, religious and social ideology and speech. Donating to peace groups, participating in protests, attending church, mosque or synagogue, entertaining friends, and posting material on the Internet, for example, could later be found to be illegal because of ‘associations,’ manufactured by anonymous experts, which in some way allegedly support designated terrorist organizations one has never heard of.”
The authors could have added that if the government wants to get you, all it has to do is to declare that someone or some organization somewhere in your past was connected in a vague undefined way with terrorism. The government’s assertion suffices. No proof is needed. The brainwashed jury will not protect you.
Be prepared in the next year or two for all criticism of “our freedom and democracy” government to be shut down. In Amerika, truth is about to be exterminated.

Dr. Paul Craig Roberts is the father of Reaganomics and the former head of policy at the Department of Treasury. He is a columnist and was previously the editor of the Wall Street Journal. His latest book, “How the Economy Was Lost: The War of the Worlds,” details why America is disintegrating.

VIDEO: Currency Wars And Inflation Coming! Gerald Celente on Fox Business News - January 26, 2013




Standstill: The Charts That Prove The Global Economy Is In Serious Trouble

Mac Slavo
December 12th, 2012
SHTFplan.com

Amid growing concern that the global economy is teetering on the edge of a total collapse, governments in Europe, China and the United States continue to manipulate statistics in an effort to paint a picture of recovery and a return to normalcy.
But despite their best efforts to fabricate positive employment numbers, GDP growth, currency stability and stock market health, the stark reality is that the global economy is at a standstill, and has been since before the crash of 2008.
Economic growth is measured by how much we produce and consume, and before the bursting of the bubble there was an unprecedented level of consumption in America and throughout the rest of the world. But when credit markets and lending froze in response to a loss of confidence in the financial system following the collapse of investment giants Bear Stearns and Merrill Lynch, the economy as we had come to know it fell apart.
Consumption fell off a cliff and left America in its deepest recessionary environment since the 1930′s.
For those paying attention to the Baltic Dry Index, a global measure of the costs to transport raw materials, this collapse was reflected several months before panic gripped investors and led to stock market crashes around the world.
Introduced in 1985, the Baltic Dry Index first and foremost is a measure of the global shipping rates of dry bulk goods, mostly consisting of vital raw materials used in the creation of other products.  However, it is also a measure of demand for said materials in comparison to previous months and years.
Source: Alt Market


In essence, the price of transporting goods collapsed – to its lowest levels ever. That old theory of supply and demand was the culprit. You see, when there is no money to buy goods, there is no demand for said goods. This puts pressure on transportation companies who make a living moving products from port to port around the world. But because no one was able to consume, there was no need to ship anything. This forced transportation companies to reduce their freight rates in an effort to stay competitive.
As the chart above demonstrates, there was a massive drop-off in prices during the summer of 2008, at right about the time Americans were getting wind a recession was looming. There was a slight bounce in response to the multi-trillion dollar bailouts promised by Congress and Presidents Bush and Obama, but the bubble created on cheap borrowing and negligent lending couldn’t be blown back up.
Four years on, with literally tens of trillions of dollars infused into the system by central banks all over the world, transportation rates for goods remain at near all time lows, suggesting that our governments’ best efforts have failed miserably.
And rather than the economic improvement touted by the best and brightest of our politicians, economists and financial gurus, we are nowhere near where we were before the crash.
In fact, it’s getting worse, as evidenced by the latest Baltic Dry Index report, which this morning experienced its biggest single day drop since 2008:
It has been a while since we looked at the Baltic Dry Index, which when normalizing for the excess glut in dry container ship supply (such as right now – 5 years after all the excess supply in the industry – has long been normalized), continues to be one of the best concurrent indicators of global shipping and trade. We look at it today, moments ago it just posted an epic 8.2% plunge, crashing from 900 to 826, or the biggest drop since 2008! Of course, conisdering the collapse in global trade confirmed in past days by both Chinese and US data, this should not come as a surprise, although we are certain it will merely bring out the BDIY apologists who tell us that supply and demand here (like in every other Fed-supported market) are completely uncorrelated.
Source: Zero Hedge


The bottom line is that American consumers are broke (and hungry). But not only are we broke, we owe more than we can ever hope to make to pay back the loans we took on during ‘the boom times.’
The notion that we are somehow in an economic recovery while 100 million Americas are classified as poor, with hundreds of thousands entering poverty on a monthly basis is ridiculous on its face.
We are in serious trouble folks.
Had you asked Americans in the Spring of 2008 if they were ready for the coming real estate bubble collapse and stock market crash that would see 40% of their wealth wiped out they would have laughed in your face.
They’ll laugh in your face today, too, should you tell them things are only going to get worse. But the numbers don’t lie.
We are in what many have referred to as America’s next great depression.
Laugh if you want, but reality will soon take that smile right off your face.

VIDEO: Santelli Blasts Bernanke: “Whatever You’re Doing, It Isn’t Working”

Zero Hedge
Jan 31, 2013

While some would look at the surge in government spending in Q3 last year (ahead of the election) and subsequent plunge in Q4 as conspiratorial, CNBC’s Rick Santelli takes a step slightly further back as he draws the analogy between the mystical monetary experimentation of Ben Bernanke and his horde of central bank cronies and the “bloodletting of leeching” of medieval medicine providers. The point being that if you were sick in the middle ages, leeches were applied; and if you returned weeks later (still sick), more leeches and blood-letting took place – with no lesson learned. The fact that we borrowed $300bn in Q4 and managed a dismally dire drop in GDP growth offers little hope as the world glares agog at the Dow Jones Industrial Average index while Bernanke, six years on from the start of the recession continues to apply the same medicine that has done nothing to resurrect our economy. In Rick’s words, “Whatever you’re doing; It isn’t working!” and in fact the monetary support could potentially hurt the economy in the medium-term as debt piles up exponentially. An epic rant…

VIDEO: More Power Plant Closing News. The Globalists Use Poverty As A Control Mechanism!








VIDEO: Government Gun By-back Program Turns Into Insane Gun Auction

VIDEO: Illegal Immigrants: Pass Boarder, Collect Illinois Drivers License






Rush To Safety: Americans Buy Nearly Half a Billion Dollars Of Gold and Silver In January

Mac Slavo
SHTFPlan.com
Jan 31, 2013

While public officials may be ignoring the continued deterioration of our economy, job losses to the tune of hundreds of thousands of people weekly, and the unprecedented demand for government emergency support services like unemployment insurance and food assistance, Americans who sense uncertainty in the air are flocking to the safety of physical resources.
Our first point of interest is a recent report from the Federal Reserve that indicates some $114 billion dollars in cash was withdrawn from the nation’s largest banks in the last thirty days. Those holding their money at bailed out financial institutions are understandably concerned because the government’s $250,000 deposit insurance guarantee program, originally implemented to restore confidence in the wake of the 2008 financial crisis, expired at the end of 2012. That and the US fiscal situation has never been worse, with one Obama official recently having said the solution to the country’s woes is to simply kill the dollar.
This suggests investors and cash savers are no longer confident in the purported safety of the country’s “too-big-to-fail” institutions.
The next obvious question then is, “where did this money go?”
Part of the mystery may have been unraveled when the US Mint released its latest sales and inventory report.
According to the mint, investors purchased nearly half a billion dollars in gold and silver in the last 30 days. There was, in fact, so much money shifting into physical precious metals in January that the mint was actually forced to cease operations because they couldn’t meet demand.
massive 7.4 million Silver Eagles were purchased from the U.S. Mint in January, considerably higher than the previous record from early 2011.
After halting Silver coin production/sales for over a week, the Mint re-opened yesterday and demand once again surged.
Having almost doubled from the first week in January, there remains two more days before the book is closed on January’s sales.
At 140,000 ounces, the Mint has also sold the most ounces of gold in January in almost three years, suggesting the rising ‘currency wars’ are stoking people’s ongoing rotation from paper-to-physical assets as their ‘wealth’ slowing loses its value.
With a Silver Eagle trading at around $31 per ounce and the gold spot price at near all time highs of $1650, the US Mint saw some $460 million dollars shift into precious metals in the month of January alone.
What’s equally as interesting, and perhaps a harbinger of the coming chaos, is that the People’s Republic of China is also shifting a large amount of its cash reserves into physical resource based investments that include agriculture, energy, and precious metals, a move that has caused confusion among experts at the United Nations.
With the political situation in this country rapidly dwindling because of government interference on all levels, a recession for 2013 already baked into the cake, and aglobal economy on the brink of collapse, there is one primary motivating factor driving money into gold and silver.
Uncertainty.
As we’ve seen recently with shortages in emergency food rations and supplies,firearms and magazines, and now gold and silver, Americans are no longer confident in the stability of the system as a whole, and they are diversifying their assets intophysical resources that will retain value should the global financial, economic, monetary, and geo-political systems come unhinged.

Record withdrawals at U.S. banks as Americans lose trust in financial system

Ethan A. Huff
Natural News
Jan 31, 2013

You probably haven’t heard much about it from the mainstream media, but the latest figures released by the privately-owned Federal Reserve (FED) indicate that America’s largest banks saw record cash withdrawals during the first full week of January 2013. As reported by Bloomberg Businessweek and scant others, account holders withdrew a record $114 billion in just one week, which represents the largest one-week withdrawal sum made in America since the September 11, 2001, terrorist attacks.
The data, which accounts for all cash withdrawals made from the nation’s 25 largest banks, has reportedly shocked many financial analysts who say they are unsure exactly what sparked this minor bank run. Some have speculated that the December 31, 2012 expiration of the Transaction Account Guarantee (TAG) insurance program, which was designed to protect smaller banks from insolvency, may have played a role in triggering what appears to have been a wave of panic withdrawals.
But since the bulk of these withdrawals were made at larger banks that were not covered by TAG, this explanation hardly suffices. Another more likely explanation is that Americans are simply unsettled with the current state of the financial system, and for all intents and purposes are trying to protect their own assets from insolvency. This is further reinforced by the fact that a similar run on “physical” gold escalated around the exact same time, suggesting that depositors are anticipating rocky times rapidly approaching.
“[W]hat surprised analysts is that the withdrawals are from larger banks that were considered safe,” explains a report from AllVoices.com about the issue. “Expectations were for depositors in small and medium banks to put their deposits in the bigger banks when the insurance program ended,” it adds, noting that TAG’s expiration would have logically induced the opposite effect of what actually occurred.
Though many so-called experts are reluctant to admit it as a possibility, this ongoing trend of massive withdrawals of federal reserve notes and physical metal assets from banks and vaults just might be the people’s way of responding to the ominous writing on the wall, which does not appear to spell any type of real recovery for America. To the contrary, a perfect storm of attempted gun control legislation, ever-increasing taxes, inflation, reduced wages, and job cuts may finally be getting the attention of a critical mass of Americans, who for too long have ignored the progressive downfall of the financial system.

Sources for this article include:

http://www.businessweek.com
 http://www.washingtontimes.com
http://www.allvoices.com

Wednesday, January 30, 2013

VIDEO: Nothing We Can Do To Stave Off Punishing Economic Collapse!




VIDEO: If Congress Can't Fix The Post Office, How Will They The Fix Deficit?



Who Runs The World? Solid Proof That A Core Group Of Wealthy Elitists Is Pulling The Strings

Michael Snyder
Economic Collapse
Jan 30, 2013

Does a shadowy group of obscenely wealthy elitists control the world?  Do men and women with enormous amounts of money really run the world from behind the scenes?  The answer might surprise you.  Most of us tend to think of money as a convenient way to conduct transactions, but the truth is that it also represents power and control.  And today we live in a neo-fuedalist system in which the super rich pull all the strings.  When I am talking about the ultra-wealthy, I am not just talking about people that have a few million dollars.  As you will see later in this article, the ultra-wealthy have enough money sitting in offshore banks to buy all of the goods and services produced in the United States during the course of an entire year and still be able to pay off the entire U.S. national debt.  That is an amount of money so large that it is almost incomprehensible.  Under this ne0-feudalist system, all the rest of us are debt slaves, including our own governments.  Just look around – everyone is drowning in debt, and all of that debt is making the ultra-wealthy even wealthier.  But the ultra-wealthy don’t just sit on all of that wealth.  They use some of it to dominate the affairs of the nations.  The ultra-wealthy own virtually every major bank and every major corporation on the planet.  They use a vast network of secret societies, think tanks and charitable organizations to advance their agendas and to keep their members in line.  They control how we view the world through their ownership of the media and their dominance over our education system.  They fund the campaigns of most of our politicians and they exert a tremendous amount of influence over international organizations such as the United Nations, the IMF, the World Bank and the WTO.  When you step back and take a look at the big picture, there is little doubt about who runs the world.  It is just that most people don’t want to admit the truth.
The ultra-wealthy don’t run down and put their money in the local bank like you and I do.  Instead, they tend to stash their assets in places where they won’t be taxed such as the Cayman Islands.  According to a report that was released last summer, the global elite have up to 32 TRILLION dollars stashed in offshore banks around the globe.
U.S. GDP for 2011 was about 15 trillion dollars, and the U.S. national debt is sitting at about 16 trillion dollars, so you could add them both together and you still wouldn’t hit 32 trillion dollars.
And of course that does not even count the money that is stashed in other locations that the study did not account for, and it does not count all of the wealth that the global elite have in hard assets such as real estate, precious metals, art, yachts, etc.
The global elite have really hoarded an incredible amount of wealth in these troubled times.  The following is from an article on the Huffington Post website
Rich individuals and their families have as much as $32 trillion of hidden financial assets in offshore tax havens, representing up to $280 billion in lost income tax revenues, according to research published on Sunday.
The study estimating the extent of global private financial wealth held in offshore accounts – excluding non-financial assets such as real estate, gold, yachts and racehorses – puts the sum at between $21 and $32 trillion.
The research was carried out for pressure group Tax Justice Network, which campaigns against tax havens, by James Henry, former chief economist at consultants McKinsey & Co.
He used data from the World Bank, International Monetary Fund, United Nations and central banks.
But as I mentioned previously, the global elite just don’t have a lot of money.  They also basically own just about every major bank and every major corporation on the entire planet.
According to an outstanding NewScientist article, a study of more than 40,000 transnational corporations conducted by the Swiss Federal Institute of Technology in Zurich discovered that a very small core group of huge banks and giant predator corporations dominate the entire global economic system…
An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.
The researchers found that this core group consists of just 147 very tightly knit companies…
When the team further untangled the web of ownership, it found much of it tracked back to a “super-entity” of 147 even more tightly knit companies – all of their ownership was held by other members of the super-entity – that controlled 40 per cent of the total wealth in the network. “In effect, less than 1 per cent of the companies were able to control 40 per cent of the entire network,” says Glattfelder. Most were financial institutions. The top 20 included Barclays Bank, JPMorgan Chase & Co, and The Goldman Sachs Group.
The following are the top 25 banks and corporations at the heart of this “super-entity”.  You will recognize many of the names on the list…
1. Barclays plc
2. Capital Group Companies Inc
3. FMR Corporation
4. AXA
5. State Street Corporation
6. JP Morgan Chase & Co
7. Legal & General Group plc
8. Vanguard Group Inc
9. UBS AG
10. Merrill Lynch & Co Inc
11. Wellington Management Co LLP
12. Deutsche Bank AG
13. Franklin Resources Inc
14. Credit Suisse Group
15. Walton Enterprises LLC
16. Bank of New York Mellon Corp
17. Natixis
18. Goldman Sachs Group Inc
19. T Rowe Price Group Inc
20. Legg Mason Inc
21. Morgan Stanley
22. Mitsubishi UFJ Financial Group Inc
23. Northern Trust Corporation
24. Société Générale
25. Bank of America Corporation
The ultra-wealthy elite often hide behind layers and layers of ownership, but the truth is that thanks to interlocking corporate relationships, the elite basically control almost every Fortune 500 corporation.
The amount of power and control that this gives them is hard to describe.
Unfortunately, this same group of people have been running things for a very long time.  For example, New York City Mayor John F. Hylan said the following during a speech all the way back in 1922
The real menace of our Republic is the invisible government, which like a giant octopus sprawls its slimy legs over our cities, states and nation. To depart from mere generalizations, let me say that at the head of this octopus are the Rockefeller-Standard Oil interests and a small group of powerful banking houses generally referred to as the international bankers. The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes.
They practically control both parties, write political platforms, make catspaws of party leaders, use the leading men of private organizations, and resort to every device to place in nomination for high public office only such candidates as will be amenable to the dictates of corrupt big business.
These international bankers and Rockefeller-Standard Oil interests control the majority of the newspapers and magazines in this country. They use the columns of these papers to club into submission or drive out of office public officials who refuse to do the bidding of the powerful corrupt cliques which compose the invisible government. It operates under cover of a self-created screen [and] seizes our executive officers, legislative bodies, schools, courts, newspapers and every agency created for the public protection.
These international bankers created the central banks of the world (including the Federal Reserve), and they use those central banks to get the governments of the world ensnared in endless cycles of debtfrom which there is no escape.  Government debt is a way to “legitimately” take money from all of us, transfer it to the government, and then transfer it into the pockets of the ultra-wealthy.
Today, Barack Obama and almost all members of Congress absolutely refuse to criticize the Fed, but in the past there have been some brave members of Congress that have been willing to take a stand.  For example, the following quote is from a speech that Congressman Louis T. McFadden delivered to the U.S. House of Representatives on June 10, 1932
Mr. Chairman, we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks. The Federal Reserve Board, a Government board, has cheated the Government of the United States and the people of the United States out of enough money to pay the national debt. The depredations and iniquities of the Federal Reserve Board has cost this country enough money to pay the national debt several times over. This evil institution has impoverished and ruined the people of the United States, has bankrupted itself, and has practically bankrupted our Government. It has done this through the defects of the law under which it operates, through the maladministration of that law by the Federal Reserve Board, and through the corrupt practices of the moneyed vultures who control it.
Sadly, most Americans still believe that the Federal Reserve is a “federal agency”, but that is simply not correct.  The following comes from factcheck.org
The stockholders in the 12 regional Federal Reserve Banks are the privately owned banks that fall under the Federal Reserve System. These include all national banks (chartered by the federal government) and those state-chartered banks that wish to join and meet certain requirements. About 38 percent of the nation’s more than 8,000 banks are members of the system, and thus own the Fed banks.
According to researchers that have looked into the ownership of the big Wall Street banks that dominate the Fed, the same names keep coming up over and over: the Rockefellers, the Rothschilds, the Warburgs, the Lazards, the Schiffs and the royal families of Europe.
But ultra-wealthy international bankers have not just done this kind of thing in the United States.  Their goal was to create a global financial system that they would dominate and control.  Just check out what Georgetown University history professor Carroll Quigley once wrote
[T]he powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.
Sadly, most Americans have never even heard of the Bank for International Settlements, but it is at the very heart of the global financial system.  The following is from Wikipedia
As an organization of central banks, the BIS seeks to make monetary policy more predictable and transparent among its 58 member central banks. While monetary policy is determined by each sovereign nation, it is subject to central and private banking scrutiny and potentially to speculation that affects foreign exchange rates and especially the fate of export economies. Failures to keep monetary policy in line with reality and make monetary reforms in time, preferably as a simultaneous policy among all 58 member banks and also involving the International Monetary Fund, have historically led to losses in the billions as banks try to maintain a policy using open market methods that have proven to be based on unrealistic assumptions.
The ultra-wealthy have also played a major role in establishing other important international institutions such as the United Nations, the IMF, the World Bank and the WTO.  In fact, the land for the United Nations headquarters in New York City was purchased and donated by John D. Rockefeller.
The international bankers are “internationalists” and they are very proud of that fact.
The elite also dominate the education system in the United States.  Over the years, the Rockefeller Foundation and other elitist organizations have poured massive amounts of money into Ivy League schools.  Today, Ivy League schools are considered to be the standard against which all other colleges and universities in America are measured, and the last four U.S. presidents were educated at Ivy League schools.
The elite also exert a tremendous amount of influence through various secret societies (Skull and Bones, the Freemasons, etc.), through some very powerful think tanks and social clubs (the Council on Foreign Relations, the Trilateral Commission, the Bilderberg Group, the Bohemian Grove, Chatham House, etc.), and through a vast network of charities and non-governmental organizations (the Rockefeller Foundation, the Ford Foundation, the World Wildlife Fund, etc.).
But for a moment, I want to focus on the power the elite have over the media.  In a previous article, I detailed how just six monolithic corporate giants control most of what we watch, hear and read every single day.  These giant corporations own television networks, cable channels, movie studios, newspapers, magazines, publishing houses, music labels and even many of our favorite websites.
Considering the fact that the average American watches 153 hours of television a month, the influence of these six giant corporations should not be underestimated.  The following are just some of the media companies that these corporate giants own…
Time Warner
Home Box Office (HBO)
Time Inc.
Turner Broadcasting System, Inc.
Warner Bros. Entertainment Inc.
CW Network (partial ownership)
TMZ
New Line Cinema
Time Warner Cable
Cinemax
Cartoon Network
TBS
TNT
America Online
MapQuest
Moviefone
Castle Rock
Sports Illustrated
Fortune
Marie Claire
People Magazine
Walt Disney
ABC Television Network
Disney Publishing
ESPN Inc.
Disney Channel
SOAPnet
A&E
Lifetime
Buena Vista Home Entertainment
Buena Vista Theatrical Productions
Buena Vista Records
Disney Records
Hollywood Records
Miramax Films
Touchstone Pictures
Walt Disney Pictures
Pixar Animation Studios
Buena Vista Games
Hyperion Books
Viacom
Paramount Pictures
Paramount Home Entertainment
Black Entertainment Television (BET)
Comedy Central
Country Music Television (CMT)
Logo
MTV
MTV Canada
MTV2
Nick Magazine
Nick at Nite
Nick Jr.
Nickelodeon
Noggin
Spike TV
The Movie Channel
TV Land
VH1
News Corporation
Dow Jones & Company, Inc.
Fox Television Stations
The New York Post
Fox Searchlight Pictures
Beliefnet
Fox Business Network
Fox Kids Europe
Fox News Channel
Fox Sports Net
Fox Television Network
FX
My Network TV
MySpace
News Limited News
Phoenix InfoNews Channel
Phoenix Movies Channel
Sky PerfecTV
Speed Channel
STAR TV India
STAR TV Taiwan
STAR World
Times Higher Education Supplement Magazine
Times Literary Supplement Magazine
Times of London
20th Century Fox Home Entertainment
20th Century Fox International
20th Century Fox Studios
20th Century Fox Television
BSkyB
DIRECTV
The Wall Street Journal
Fox Broadcasting Company
Fox Interactive Media
FOXTEL
HarperCollins Publishers
The National Geographic Channel
National Rugby League
News Interactive
News Outdoor
Radio Veronica
ReganBooks
Sky Italia
Sky Radio Denmark
Sky Radio Germany
Sky Radio Netherlands
STAR
Zondervan
CBS Corporation
CBS News
CBS Sports
CBS Television Network
CNET
Showtime
TV.com
CBS Radio Inc. (130 stations)
CBS Consumer Products
CBS Outdoor
CW Network (50% ownership)
Infinity Broadcasting
Simon & Schuster (Pocket Books, Scribner)
Westwood One Radio Network
NBC Universal
Bravo
CNBC
NBC News
MSNBC
NBC Sports
NBC Television Network
Oxygen
SciFi Magazine
Syfy (Sci Fi Channel)
Telemundo
USA Network
Weather Channel
Focus Features
NBC Universal Television Distribution
NBC Universal Television Studio
Paxson Communications (partial ownership)
Trio
Universal Parks & Resorts
Universal Pictures
Universal Studio Home Video
And of course the elite own most of our politicians as well.  The following is a quote from journalist Lewis Lapham
“The shaping of the will of Congress and the choosing of the American president has become a privilege reserved to the country’s equestrian classes, a.k.a. the 20% of the population that holds 93% of the wealth, the happy few who run the corporations and the banks, own and operate the news and entertainment media, compose the laws and govern the universities, control the philanthropic foundations, the policy institutes, the casinos, and the sports arenas.”
Have you ever wondered why things never seem to change in Washington D.C. no matter who we vote for?
Well, it is because both parties are owned by the establishment.
It would be nice to think that the American people are in control of who runs things in the U.S., but that is not how it works in the real world.
In the real world, the politician that raises more money wins more than 80 percent of the time in national races.
Our politicians are not stupid – they are going to be very good to the people that can give them the giant piles of money that they need for their campaigns.  And the people that can do that are the ultra-wealthy and the giant corporations that the ultra-wealthy control.
Are you starting to get the picture?
There is a reason why the ultra-wealthy are referred to as “the establishment”.  They have set up a system that greatly benefits them and that allows them to pull the strings.
So who runs the world?
They do.  In fact, they even admit as much.
David Rockefeller wrote the following in his 2003 book entitled “Memoirs”
“For more than a century, ideological extremists at either end of the political spectrum have seized upon well-publicized incidents such as my encounter with Castro to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as ‘internationalists’ and of conspiring with others around the world to build a more integrated global political and economic structure — one world, if you will. If that is the charge, I stand guilty, and I am proud of it.”
There is so much more that could be said about all of this.  In fact, an entire library of books could be written about the power and the influence of the ultra-wealthy international bankers that run the world.
But hopefully this is enough to at least get some conversations started.
So what do you think about all of this?  Please feel free to post a comment with your thoughts below…

VIDEO: QE4, Trade Wars And Dollar Collapse Signal A New Bull Run For Gold And Silver!!!







GDP Drops for U.S. in Fourth Quarter

cnbc.com
January 30, 2013

Editor’s note: Establishment economists get paid to make predictions contrary to reality in order to keep the Big Casino working. So when their Pollyanna predictions do not pan out, they are surprised. Anybody who has watched the real inflation and unemployment numbers knows the “recession” didn’t end. It’s going strong and is more accurately defined as a depression.

The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus.
The economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles.
The Commerce Department said Wednesday that the economy contracted at an annual rate of 0.1 percent in the fourth quarter. That’s a sharp slowdown from the 3.1 percent growth rate in the July-September quarter.

Read more

Consumer confidence socked by payroll tax hike

Washington Times
January 29, 2013

U.S. consumer confidence took a dive this month, wiping out all the gains of 2012, a drop fueled by the expiration of the 2 percentage point cut in payroll taxes, the Conference Board reported Tuesday.
The tax increase took effect on Jan. 1, and though long expected in Washington, it appeared to take consumers by surprise. It was included in the $650 billion “fiscal cliff” tax package passed by Congress in the early morning hours on New Year’s Day. The bill was dubbed by the media as a “tax hike on the rich,” but the payroll tax provision hit the paychecks of primarily middle- and low-income consumers.
“The increase in the payroll tax has undoubtedly dampened consumers’ spirits and it may take a while for confidence to rebound and consumers to recover from their initial paycheck shock,” said Lynn Franco, economist at the Conference Board.

Read full article

Federal Reserve Money Printing Is The Real Reason Why The Stock Market Is Soaring

Michael Snyder
Economic Collapse
Jan 29, 2013

You can thank the reckless money printing that the Federal Reserve has been doing for the incredible bull market that we have seen in recent months.  When the Federal Reserve does more “quantitative easing”, it is the financial markets that benefit the most.  The Dow and the S&P 500 have both hit levels not seen since 2007 this month, and many analysts are projecting that 2013 will be a banner year for stocks.  But is a rising stock market really a sign that the overall economy is rapidly improving as many are suggesting?  Of course not.  Just because the Federal Reserve has inflated another false stock market bubble with a bunch of funny money does not mean that the U.S. economy is in great shape.  In fact, the truth is that things just keep getting worse for average Americans.  The percentage of working age Americans with a job has fallen from 60.6% to 58.6% while Barack Obama has been president, 40 percent of all American workers are making $20,000 a year or less, median household income has declined for four years in a row, and poverty in the United States is absolutely exploding.  So quantitative easing has definitely not made things better for the middle class.  But all of the money printing that the Fed has been doing has worked out wonderfully for Wall Street.  Profits are soaring at Goldman Sachs and luxury estates in the Hamptons are selling briskly.  Unfortunately, this is how things work in America these days.  Our “leaders” seem far more concerned with the welfare of Wall Street than they do about the welfare of the American people.  When things get rocky, their first priority always seems to be to do whatever it takes to pump up the financial markets.
When QE3 was announced, it was heralded as the grand solution to all of our economic problems.  But the truth is that those running things knew exactly what it would do.  Quantitative easing always pumps up the financial markets, and that overwhelmingly benefits those that are wealthy.  In fact, a while back a CNBC article discussed a very interesting study from the Bank of England which showed a clear correlation between quantitative easing and rising stock prices…
It said that the Bank of England’s policies of quantitative easing – similar to the Fed’s – had benefited mainly the wealthy.
Specifically, it said that its QE program had boosted the value of stocks and bonds by 26 percent, or about $970 billion. It said that about 40 percent of those gains went to the richest 5 percent of British households.
Many said the BOE’s easing added to social anger and unrest. Dhaval Joshi, of BCA Research wrote that  “QE cash ends up overwhelmingly in profits, thereby exacerbating already extreme income inequality and the consequent social tensions that arise from it.”
So should we be surprised that stocks are now the highest that they have been in more than 5 years?
Of course not.
And who benefits from this?
The wealthy do.  In fact, 82 percent of all individually held stocks are owned by the wealthiest 5 percent of all Americans.
Unfortunately, all of this reckless money printing has a very negative impact on all the rest of us.  When the Fed floods the financial system with money, that causes inflation.  That means that the cost of living has gone up even though your paycheck may not have.
If you go to the supermarket frequently, you know exactly what I am talking about.  The new “sale prices” are what the old “regular prices” used to be.  They keep shrinking many of the package sizes in order to try to hide the inflation, but I don’t think many people are fooled.  Our food dollars are not stretching nearly as far as they used to, and we can blame the Federal Reserve for that.
For much more on rising prices in America, please see this article: “Somebody Should Start The ‘Stuff Costs Too Much’ Party“.
Sadly, this is what the Federal Reserve does.  The system was designed to create inflation.  Before the Federal Reserve came into existence, the United States never had an ongoing problem with inflation.  But since the Fed was created, the United States has endured constant inflation.  In fact, we have come to accept it as “normal”.  Just check out the amazing chart in the video posted below






Not that I expect the United States to enter a period of hyperinflation in the near future.
Actually, despite all of the reckless money printing that the Fed has been doing, I expect that at some point we are going to see another wave of panic hit the financial markets like we saw back in 2008.  The false stock market bubble will burst, major banks will fail and the financial system will implode.  It could unfold something like this…

1 – A derivatives panic hits the “too big to fail” banks.
2 – Financial markets all over the globe crash.
3 – The credit markets freeze up.
4 – Economic activity in the United States starts to grind to a halt.
5 – Unemployment rises above 20 percent and mortgage defaults soar to unprecedented levels.
6 – Tax revenues fall dramatically and austerity measures are implemented by the federal government, state governments and local governments.
7 – The rest of the globe rapidly loses confidence in the U.S. financial system and begins to dump U.S. debt and U.S. dollars.

I write about derivatives a lot, because they are one of the greatest threats that the global financial system is facing.  In fact, right now a derivatives scandal is threatening to take down the oldest bank in the world
Banca Monte dei Paschi di Siena, the world’s oldest bank, was making loans when Michelangelo and Leonardo da Vinci were young men and before Columbus sailed to the New World. The bank survived the Italian War, which saw Siena’s surrender to Spain in 1555, the Napoleonic campaign, the Second World War and assorted bouts of plague and poverty.
But MPS may not survive the twin threats of a gruesomely expensive takeover gone bad and a derivatives scandal that may result in legal action against the bank’s former executives. After five centuries of independence, MPS may have to be nationalized as its losses soar and its value sinks.
So when you hear the word “derivatives” in the news, pay close attention.  The bankers have turned our financial system into a giant casino, and at some point the entire house of cards is going to come crashing down.
In response to the coming financial crisis, I believe that our “leaders” will eventually resort to money printing unlike anything we have ever seen before in a desperate attempt to resuscitate the system.  When that happens, I believe that we will see the kind of rampant inflation that so many people have been warning about.
So what do you think about all of this?
Do you believe that Federal Reserve money printing is the real reason why the stock market is soaring?
Please feel free to post a comment with your thoughts below…



House Of Rothschild Hoarding Gold In Face Of Coming Collapse?

Jurriaan Maessen
Infowars.com
Jan 28, 2013

A recent appointment of Rothschild as “financial advisor” by the Board of Directors of gold exploration company Spanish Mountain Gold is yet another unmistakable indication that the ancient family is moving the world’s gold supply to both “emerging markets” and Central Banks worldwide, strengthening the family’s monopoly position when the fiat-based house of cards comes crashing down in the West.
The Board of Directors of the British Columbia based gold exploration companyappointed Rothschild to “review strategic options with the objective of maximizing shareholder value.” In July of 2012, Spanish Mountain Gold’s CEO Brian Groves boasted already that the excavation in British Colombia is a project worth “several million ounces in gold” and is backed by “an enormous network of connections globally”, Groves told Resource Clips.
Indeed, this recent appointment of Rothschild’s financial expertise (from centuries worth of experience) has increased the value of this company somewhat, propelling the gold-producing company into newer heights (or depths), depending on what end of the gold bar you find yourself. It also is a sure sign that the family is tightening its grip on gold, in both the excavation, the producing and the trading phase.
In the beginning of this century there were signs that Rothschild was starting to pull back from gold. With the announcement of Lord Jacob Rothschild that his “investment vehicle” RIT Capital Partners “has ridden the rally in gold prices but will now incrementally sell down” many observers were led to believe the ancient house was abandoning the precious stuff. Jacob Rothschild stated in 2011:
“There is I believe a growing awareness of the dangerous position which confronts many countries, particularly those in the developed world. In spite of these concerns, we continue to take advantage of areas that we believe are attractive, but we will remain cautious in terms of the quantum of capital that we allocate”.
Already in 2004 Rothschild blew the horn, announcing with a loud voice (that tends to carry far and wide throughout the world’s financial community) that the family was withdrawing from its gold-based assets. In April of 2004 theTelegraph reported:
“The investment bank that has chaired the London meetings setting the world gold price since 1919 is quitting the market.”
In 2011, an analysis makes clear how and why Rothschild manipulates the price of gold downward:




Despite these earlier indications that Rothschild was backing away from its gold assets (which smell like the calculated diversion techniques of an experienced illusionist), the recent appointment in the Spanish Mountain project is a clear sign that gold is still foremost on the mind of the family, as it has been for many centuries past. These earlier manoeuvrings by Rothschild seem to suggest a consciously constructed effort to bring down the price of gold- with the aim of buying large quantities later on, when the price was especially low. The reason for such a move is explained by Jeff Thomas in February 2012, when he wrote:
“Many economists project that, following the crashes of the Euro and the dollar, a return to gold-backed currencies would appear as a world trend. This is only natural, as the fiat currency concept would have been shown to be the farce that it is.”
For this reason, Thomas argued, the hoarding of gold is being done with the aim of redistributing it later on to those nations (or supra-nations, such as the EU and China) the elite have destined to be the future global engines after the old one has been discarded:
“It is entirely possible that all currencies could receive a shake-up, and an entire worldwide system of gold-backed currencies may develop. If this were to occur, the countries that held the largest amounts of gold at that time would be out in front economically.”
This indeed seems to be the case. As Edmond de Rothschild’s France-based asset management company analyzes for 2013, the so called “emerging markets” are increasingly scooping great chunks of gold from the world’s supply:
“It is (…) reassuring to see that physical demand has started the year well with an increase in Chinese and Indian buying. The Chinese are buying before the Lunar New Year while Indians seem to be anticipating higher duties on imported gold. At the same time, central bank buying continues. They bought 536 tonnes in 2012 (+17% on record 2011 levels) or 13% of total demand.”
Another document issued by Edmond de Rothschild’s “Goldsphere”-enterprise analyzes the global gold-trade, the buyers, the sellers, the winners and the losers. In one of its assessments the global elite recognizes that European nations are reluctant to sell their gold stocks and the current trend is a continuous rover of gold towards the East:
“European countries are in no rush to sell their bullion reserves as they are small in value compared to their debt problems and some of the gold might already have been pledged in collateralised loans.”
While all the major strongholds of the elite are being abandoned in the US, new lairs are being set up in China. The document concludes by saying that gold-producing companies and miners are not sufficiently riding the wave of ever-rising gold prices:
“All the recent meetings we have had with gold companies tend to confirm the industry’s acceptance that gold mines and gold projects have to be better managed so as to get shareholder returns more in line with the current strong gold price. And some projects have in fact already been postponed or cancelled because of insufficient profitability.”
This puts the recent “appointment” of Rothschild by Spanish Mountain Gold somewhat into perspective doesn’t it? It seems the ancient House of Rothschild has feigned a retreat from gold in the beginning of this century, only to then snatch it again at a good prize and move it into the East- their future global engine. When Baron Benjamin de Rothschild was asked by Israeli newspaperHaaretz what the family’s intentions are in regards to China, he answered unhesitatingly “to increase our focus in that region”.
As the elite’s engine of control is incrementally deconstructed in the West, the world’s gold is gradually moving towards its new engine in the East.

Jurriaan Maessen is the writer and editor at ExplosiveReports.Com

VIDEO: Rothschilds Hoarding Gold




VIDEO: Ted Anderson's Gold And Silver Report






Tuesday, January 29, 2013

VIDEO: 'US dollar will collapse in 2013'?




VIDEO: Even if you raise taxes to 100%, we couldn't pay off the national debt. We're going to default!




22 Signs That Barack Obama Is Transforming America Into A Larger Version Of North Korea

Michael Snyder
The American Dream
Jan 29, 2013

If there is one country in the world that you would not want to live in, it would be North Korea.  Unfortunately, the United States of America is becoming more like North Korea with each passing day.  North Korea is a totalitarian police state hellhole where the state rules supreme, the “leader” is lavishly worshipped, no dissent is tolerated, and the government micromanages everything.  America is supposed to be the opposite of that, but now Barack Obama is implementing his version of “change” and he has promised to engage in the “remaking” of this nation and to transform it “brick by brick“.  A tremendous “cult of personality” has been built up around Obama, and under his leadership the U.S. government has become larger and more repressive than ever before.  But do we really want to “change” America so that it more closely resembles totalitarian regimes such as North Korea, communist China, the Soviet Union and Nazi Germany?  After all, all of those regimes have a nightmarish history of brutality and death.  Even today, there are starving North Koreans that are eating their own children.  Is that really where we want to end up as a nation?
The truth is that we desperately need to take America in the opposite direction of where Barack Obama is trying to take us.  We need a much smaller federal government, a much greater emphasis on freedom and liberty, a return to true free market capitalism, and politicians that are willing to take a low profile and that are actually there to serve the American people.
But what we need and what we are getting are two very different things.
The following are 22 signs that Barack Obama is transforming America into a larger version of North Korea…
#1 Obama has appointed numerous socialists and communists to important positions in his administration.  The following are just a few examples that were highlighted in a recent article by John Perazzo
  • Obama named Van Jones, a longtime revolutionary communist who famously declared that “we [are] gonna change the whole [economic] system,” as his “green jobs czar” in 2009;
  • he appointed Carol Browner, a former “commissioner” of the Socialist International, as his “environment czar”;
  • he appointed John Holdren, who not only views capitalism as a system that is inherently destructive of the environment, but strongly favors the redistribution of wealth, both within the U.S. and across international borders, as his “science czar”;
  • he named Hilda Solis, a former officer of the Congressional Progressive Caucus (the socialist wing of the House of Representatives), as his labor secretary;
  • and he chose Anita Dunn, a woman who has cited Mao Zedong as one of her “favorite political philosophers,” to serve as White House communications director.
#2 As Paul Roderick Gregory demonstrated in an outstanding article for Forbes, Barack Obama’s economic agenda matches the November 2011 Declaration of Principles of the Party of European Socialists almost point for point.
#3 If a totalitarian regime is going to be successful, it needs a massive government bureaucracy to run things.  Today, the number of employees of the federal government is roughly equivalent to the entire population of the United States in 1776.
#4 In North Korea, dissent is brutally repressed.  In the United States, we have continued to move rapidly in that direction under Barack Obama.  In a recent article entitled “Obama’s War On Whistleblowers“, author Stephen Lendman wrote the following…
He said one thing. He did another. As president, he usurped diktat powers. He wages war on truth. He targets whistleblowers. He prioritizes surveillance powers.
They include warrantless wiretapping, accessing personal records, monitoring financial transactions, and tracking emails, Internet and cell phone use. It’s done lawlessly to gather secret evidence for prosecutions.
In his book “Necessary Secrets,” Gabriel Schoenfeld said he “presided over the most draconian crackdown on leaks in our history – even more so than Nixon.”
Rhetorically he supports civil liberties and transparency. “Such acts of courage and patriotism….should be encouraged rather than stifled,” he said.
At the same time, he betrayed the public trust. He targets free expression and dissent. He pursues police state prosecutions and intimidation.
He claims Justice Department immunity from illegal spying suits. He exceeds the worst of all previous administrations.
His national security state targets activists, political dissidents, anti-war protestors, Muslims, Latino immigrants, lawyers who defend them, whistleblowers, and investigative journalists.
Law Professor Jack Balkin expressed alarm, saying:
“We are witnessing the bipartisan normalization and legitimation of a national surveillance state.” Obama exceeded the worst of George Bush.
#5 Under Obama, the United States has been developing “Big Brother” surveillance technologies that dictators of the past never even dreamed were possible.  For example, a very highly sophisticated surveillance grid known as “Trapwire” is being installed in major cities and at “high value targets” all over the country.  Sadly, the mainstream media has not covered this at all, and most Americans still do not even realize that it exists.
#6 Under Obama, unmanned aerial vehicles are not just used for war anymore.  Police departments are now starting to deploy surveillance drones in the skies over their cities all over the nation.  In fact, this is something that the federal government is greatly encouraging.
#7 It was the Obama administration that came up with the “See Something, Say Something” campaign.  Now the federal government has even created an iPhone app that is designed to encourage all of us to take photos of “suspicious activity” and report our neighbors to the authorities.
#8 It was the Obama administration that first instituted “enhanced pat-downs” by TSA thugs at our airports.  As a result, countless numbers of men, women and children have had horrific experiences that they will remember for the rest of their lives.  You can read some of their horror stories right here.
#9 The U.S. military now has the authority to arrest American citizens and hold them indefinitely without trial.  The Obama administration has no problem with this horrible abuse of power.
#10 A key Obama ally in the U.S House of Representatives, Congressman José Serrano of New York, has introduced a measure that would repeal the 22nd Amendment of the U.S. Constitution so that Barack Obama can continue to run for additional terms as president after his second term ends.
#11 The “cult of personality” that has built up around Barack Obama is getting quite ridiculous.  Shortly after he won the recent election, actor Jamie Foxx referred to Barack Obama as “our Lord and Savior Barack Obama” during a television broadcast of the 2012 Soul Train Awards in Las Vegas, Nevada.  Such “leader worship” would fit in very well in North Korea.
#12 Since Obama won in November, there has been an increasing number of incidences in which Obama has been referred to in religious terms.  For example, a recent Newsweek article referred to Barack Obama’s second term as “The Second Coming“.
#13 A painting by artist Michael D’Antuono that is now on display at Boston’s Bunker Hill Community College Art Gallery recently made headlines all over the United States.  In the painting, Barack Obama is wearing a crown of thorns on his head and his arms are stretched out as if he was being crucified.  In the background of the painting is the presidential seal…



#14 Relentless praise from the mainstream media played a huge role in each of Obama’s election victories.  The mainstream media is supposed to be objective, but there have been reports of members of the media “swooning” in his presence, and most mainstream news broadcasts leave little doubt that Obama is the “good guy” and anyone opposed to him is the “bad guy”.
#15 The Obama organization has tirelessly gathered data on potential voters.  At this point, the amount of information that the Obama campaign has compiled on the American people is absolutely frightening
If you voted this election season, President Obama almost certainly has a file on you. His vast campaign database includes information on voters’ magazine subscriptions, car registrations, housing values and hunting licenses, along with scores estimating how likely they were to cast ballots for his reelection.
#16 The Communist Party USA is cheering on Barack Obama’s efforts to disarm the American people.  According to one of their official publications, “the ability to live free from the fear or threat of gun violence is a fundamental democratic right — one that far supercedes any so-called personal gun rights allegedly contained in the Second Amendment.”
#17 Under Obama, the federal government is intruding in our personal lives like never before.  The following example is from a recent RT article
Smokers, beware: tobacco penalties under President Obama’s Affordable Care Act could subject millions of smokers to fees costing thousands of dollars, making healthcare more expensive for them than Americans with other unhealthy habits.
The Affordable Care Act, which critics have also called “Obamacare”, could subject smokers to premiums that are 50 percent higher than usual, starting next Jan 1. Health insurers will be allowed to charge smokers penalties that overweight Americans or those with other health conditions would not be subjected to.
A 60-year-old smoker could pay penalties as high as $5,100, in addition to the premiums, the Associated Press reports. A 55-year-old smoker’s penalty could reach $4,250. The older a smoker is, the higher the penalty will be.
#18 Just as in North Korea, our lives are being increasingly micromanaged by a government that is packed with control freaks.  At this point they even are telling us what kind of light bulbs we are allowed to buy.
#19 Federal agencies have become increasingly brutal under Obama.  For example, if you milk your cow and sell some of that milk to your neighbor next door, you could end up having your home raided by federal agents.
#20 Obama has gone to great lengths to demonize his opposition.  Since he has been president, numerous government papers, studies and reports have been released that identify groups of people that are opposed to Obama as “potential terrorists”.  Some of the groups targeted as “potential terrorists” include those that “revere individual liberty”, “conspiracy theorists”, “returning veterans”, anti-abortion activists, those that visit “extremist websites”, those that are “fiercely nationalistic”, those that “believe in the right to bear arms”, anyone that is opposed to illegal immigration, anyone that is anti-UN, and anyone that is “suspicious of centralized federal authority”.  For much more on this, please seethis article.
#21 Obama’s abuse of power is not just limited to the United States.  The truth is that he has increasingly been acting like some type of imperial ruler that gets to tell everyone else in the world what they are supposed to do.  For example, according to a recent WND article Obama has actually promised to give eastern Jerusalem to the Palestinians even though Israel has already said that they will agree to no such thing…
Now that he has secured his second term, President Barack Obama has already secretly pledged to the Palestinians he will press Israel into a new round of so-called land-for-peace negotiations, a top Palestinian Authority negotiator told WND.
The negotiator said top members of the Obama administration told the Palestinians the U.S. president will renew talks aimed at creating a Palestinian state in the so-called 1967 borders – meaning in the West Bank, Gaza Strip and, notably, eastern Jerusalem.
#22 Many Obama supporters are becoming enamored with the idea that we should either start ignoring the Constitution or that we should get rid of it entirely.  For example, Georgetown law professor Louis Michael Seidmanrecently appeared on CBS and said the following to the American people…
“I’ve got a simple idea: Let’s give up on the Constitution. I know, it sounds radical, but it’s really not.”
Hey, if we got rid of the pesky Constitution, we could have a dictatorship just like North Korea does!
Barack Obama could be our king, our lord and our savior for decades!
Of course I am being sarcastic, but this is the kind of dangerous thinking that leads to tyranny.
Let us learn the hard lessons that history has tried to teach us.  We don’t want to go down the same path that North Korea, Nazi Germany, the Soviet Union, and communist China have traveled.
There is an absolutely amazing National Geographic documentary that shows what life is like inside North Korea.  You can view it on YouTube right here.  We don’t want our children and our grandchildren to someday live in a nation like that.
Freedom and liberty are precious things.  They are very hard to win, and they are very easy to lose.
Let us not be the generation that loses everything that our forefathers worked so hard to build.

VIDEO: Peter Schiff Explains Debt Crisis Crash Will Make 2008 Look Like A Sunday Picnic!!




Bernanke Seen Buying $1.14 Trillion in Assets in 2014

Joshua Zumbrun, Jeff Kearns & Catarina Saraiva
Bloomberg
Jan 29, 2013

Federal Reserve Chairman Ben S. Bernanke’s latest round of bond buying will reach $1.14 trillion before he ends the program in the first quarter of 2014, according to median estimates in a Bloomberg survey of economists.
Bernanke will push on with purchases of $40 billion a month of mortgage bonds and $45 billion a month of Treasuries, according to the survey of 44 economists, even as some Fed officials warn his unprecedented balance-sheet expansion will impair efforts to tighten policy when necessary.
“To get to the point where Bernanke would be comfortable letting up, you have to have a good solid string of economic reports that you’re just not going to get” this year, said Eric Green, global head of rates and FX research at TD Securities Inc. in New York and a former New York Fed economist.
The Federal Open Market Committee will renew its commitment to asset buying during a two-day meeting starting today after determining the benefits from the program exceed any risk of inflation or financial instability, according to economists surveyed Jan. 24-25. Bernanke has said the policy will continue until there are “substantial” gains in employment.

Full article here

VIDEO: Bernanke To Oprah: “I’ve Been Doping for Years”

Zero Hedge
Jan 29, 2013

Beginning with the “Yes or No” questions only, everyone’s favorite talk-show host takes on The Bernank in this earth-shattering interview. While Lance Armstrong managed to keep the dream alive for over a decade as all around him showed point-blank-proof of artificial stimulation, it took Oprah to get the truth from his lips (oh and a USADA threat). It seems The Federal Reserve has been forced to ‘fess up in this entertaining interview as Bernanke sits sobbing across from Ms. Winfrey – and comes clean to years of monetary policy artificial stimulation and performance-enhancing economic-doping. Just like Armstrong, Bernanke admits that it is widespread and that this generation of central bankers “all do it” as he notes that “some retard from the FT or NYT will write excruciatingly thoughtful op-eds about how this is actually a good thing.” From the raging parties at Club-Fed to “good f##king times” with Alan Greenspan to “telling people to chillax and enjoy the good times” as the housing bubble popped, Bernanke leaves us with these chilling words: “Buy food, guns, and gold, this $hit is about to get real!” Print-strong.





Labor Minister Says France Is “Totally Bankrupt”

Zero Hedge
Jan 29, 2013

Things in France must not be very serious, because the French labor minister accidentally let the truth come out a little earlier today. As the Telegraph reports, France’s labour minister sent the country into a state of shock on Monday after he described the nation as “totally bankrupt.
Remember: France is one of the supposedly stable countries in Europe.
“Michel Sapin made the gaffe in a radio interview, which left French President Francois Hollande battling to undo the potential reputational damage. “There is a state but it is a totally bankrupt state,” Mr Sapin said. “That is why we had to put a deficit reduction plan in place, and nothing should make us turn away from that objective.” It appears that once one wipes out the propaganda and the smooth politico talk, things are bad and getting worse at Europe’s core. “Data from Banque de France showed earlier this month that a flight of capital has already left the country amid concerns that France’s Socialist leader intends to soak the rich and businesses. The actor Gérard Depardieu has renounced his French citizenship and decamped to Russia in protest, while David Cameron said Britain will “roll out the red carpet” to attract wealthy individuals. Pierre Moscovici, the finance minister, said the comments by Mr Sapin were “inappropriate”.”
At least France can hike the tax on the millionaires to 75% to generate more money. Oh wait, no it can’t.
But if capital is leaving France, where is it going? The FT has the answer:
Almost €100bn of private funds flowed back into the eurozone’s periphery late last year after action by the European Central Bank encouraged reinvestment in the crisis-hit countries.

The scale of the net inflows, equivalent to about 9 per cent of the economic output of Spain, Italy, Portugal, Ireland and Greece according to calculations by ING, the Dutch bank, highlight the revival in investor confidence in Europe’s monetary union after Mario Draghi, ECB president, pledged to preserve its integrity.

The return of capital has encouraged policy makers to believe the eurozone crisis is over, with Mr Draghi this month pointing to “positive contagion” in the region. The euro has also moved sharply higher.
Turns out it isn’t, and the capital was merely rotating from the frying pan and into the 9th circle of insolvency hell. But at least the SNB is still buying up every French bond it can get its hands on to indicate that all is well with the “totally bankrupt state.”
And speaking of private capital rotation, well Europe needed it. Recall the chart of European M3 loans to non-financial corporations we showed earlier based on central bank data:


Yup – a record outflow.

So if it wasn’t for the private capital scrambling to fill the hole, Q4 in Europe would have been an absolutely epic disaster. One can only hope that private funds are as bottomless as the public central banks backstopping them, because should there be a reflaring of risk, all bets for Europe are off, precisely at a time when everyone is hoping that the worst is behind and that Europe, as every European politician was quoted as saying in past weeks, is now “fixed.
Of course, if France is totally bankrupt, there’s nothing that a little diversionary war can’t fix. Perhaps it is time to expand the Mali offensive a bit: there’s a tempting little country in Asia called Vietnam…