Thursday, April 30, 2015

VIDEO: The Federal Reserve - 100 Years Of Money For Nothing

The US Dollar Just Took a Massive Plunge

Joshua Krause
The Daily Sheeple
April 30, 2015
http://www.thedailysheeple.com/the-us-dollar-just-took-a-massive-plunge_042015

After the Commerce Department released their assessment of the US Economy, the markets were not pleased. The data revealed that America’s GDP has only grown at a 0.2% annual rate. Both American and European stock markets dipped, with the Dow Jones industrial average dropping 49.78 points, and Nasdaq losing 19.71 points. What was even more shocking was the sudden drop in the value of the US dollar, which fell to 9-week lows.

This marks the second biggest drop in 6 years, and the worst decline since the dollar began its meteoric rise in 2014. Despite this, recent polls show that American confidence in the economy is remaining stable. However, it’s hard to say how long the media can maintain this level of optimism if this trend continues. As Zero Hedge put it, “This poses a problem for talking-heads: if USD strength is indicative of US economic strength… what does a plunging USD imply?”

Furthermore, we should ask ourselves if this is the first sign of the dollar’s long-awaited collapse. So far the only reason why the dollar has increased in value, is because every other economy was in slightly worse shape. If the US economy enters another recession (which it looks like it might be ready to) we may see a major exodus from the currency. Compounding matters, is China’s recent founding of a new international bank, which threatens to derail the dollar as the world’s reserve currency. We may be witnessing the end of the dollar’s last rally.

Billionaire Hypocrisy: George Soros May Owe $7 Billion In Taxes

Zero Hedge
April 29, 2015

“You support President Obama’s proposal to increase taxes on the wealthy?” That was the question put to George Soros on CNN some three years ago. Here was his answer:

“Yes, very much… the super bubble really resulted in creating a great increase in inequality, and now we have the after effect where you have slow growth, but if you could have better distribution of income, then the average American would actually be better off.”

There’s no question that “everyday Americans” (as a reminder, those are the people Hillary Clinton wants to help by running for president… well, those people and perhaps a few foreign governments and any investment bank who is willing to pay her husband six figures for a speech) would be better off if they got a larger piece of the pie, but as we’ve seen over the past several months, that’s not likely to happen as wage growth declines for the 80% of American workers classified by the BLS as “non-supervisory” even as the country’s supervisors see their pay increase, and as Fed policy continues to inflate the assets most likely to be concentrated in the hands of the wealthy. As this sad reality continues to play itself out destroying the American Middle Class in the process, we wondered if Soros was doing his best to ameliorate the situation by redistributing more of his vast wealth to the very same “average Americans” about which he expressed so much concern in 2012. The short answer: no.

Continue reading here:
http://www.zerohedge.com/news/2015-04-30/billionaire-hypocrisy-soros-may-owe-7-billion-taxes

Fox Report: Baltimore Mayor Ordered Police To Stand Down And ‘Let Them Loot’ [VIDEO]

Alex Griswald
Daily Caller
April 30, 2015

Fox News is reporting — citing a senior law enforcement source who spoke with correspondent Leland Vittert — that Democratic Baltimore Mayor Stephanie Rawlings-Blake ordered police to allow rioters to loot stores Monday night, saying, “Let them loot, it’s only property.”

“This is coming from a very senior law enforcement official with direct knowledge of the orders that were given by the mayor and by her police commanders, down to the very core of the police riot units,” Vittert said on “Your World with Neil Cavuto” Wednesday afternoon. “What I am quoting now from him is, quoting the mayor, ‘Let them loot, it’s only property.’”

He also reported that his source was “very clear that on Monday night, that when [stores] were looted, that the police were told effectively to stand down and watch it. I was standing right here on Monday night. The police were about 75 yards up there… That’s what we saw happen.”

Vittert also noted that when he was covering the looting Monday night, a Baltimore city councilman told him that he had “asked the police to back up so we could talk to looters.”



Continue reading here: http://dailycaller.com/2015/04/29/fox-report-baltimore-mayor-ordered-police-to-stand-down-and-let-them-loot-video/

VIDEO: Obama's True Name Revealed - Frank Marshall Davis Jr.

VIDEO: The Fed, Central Banks, Gold, Currency and Dollar - Peter Schiff, Marshall Auerback, Mark Weisb

VIDEO: Gregory Mannarino Economic Collapse News 4/30/15. Runaway Central Banks, Social Decay, Debt, Economic Collapse

VIDEO: Ron Paul - "What Is Coming…Pure Fascism"

VIDEO: Greg Hunter 4/28/15: Dane Wigington Warns Of Geoengineering. Climate Engineering Is Making a Host of Bad Things Worse

Friday, April 24, 2015

VIDEO: THE PLANNED COLLAPSE OF THE US ECONOMY in 2015! - The Prophecy Club Radio





VIDEO: Realist News 3/1/15. Lindsey Williams Summary - The New Elite 2015

No Matter Who Wins the White House, the New Boss Will Be the Same as the Old Boss

John W. Whitehead
The Rutherford Institute
April 24, 2015

The American people remain eager to be persuaded that a new president in the White House can solve the problems that plague us. Yet no matter who wins this next presidential election, you can rest assured that the new boss will be the same as the old boss, and we—the permanent underclass in America—will continue to be forced to march in lockstep with the police state in all matters, public and private.

Indeed, as I point out in my new book Battlefield America: The War on the American People, it really doesn’t matter what you call them—the 1%, the elite, the controllers, the masterminds, the shadow government, the police state, the surveillance state, the military industrial complex—so long as you understand that no matter which party occupies the White House in 2017, the unelected bureaucracy that actually calls the shots will continue to do so.

Consider the following a much-needed reality check, an antidote if you will, against an overdose of overhyped campaign announcements, lofty electoral promises and meaningless patriotic sentiments that land us right back in the same prison cell.

Continue reading here:
https://www.rutherford.org/publications_resources/john_whiteheads_commentary/no_matter_who_wins_the_white_house_the_new_boss_will_be_the_same_as_the_old

VIDEO: Greg Hunter 4/24/15. US Turns Back Iran in Yemen, Clinton Cash Bribes, Flash Crash Trader

Thursday, April 23, 2015

VIDEO: The Drug War and the Prison-Industrial Complex

Daniel McAdams
Lew Rockwell Blog
April 23, 2015

Today the Ron Paul Liberty Report is joined by special guest — and one of our favorite LRC contributors — Will Grigg to discuss the evil prison-industrial complex in the US and particularly in Idaho. Parents who seek non-intoxicating cannabis oil to treat their seriously ill children are being delivered into the clutches of the corporatist-run US gulag system:

VIDEO: The Treans Pacific Partnership Treaty Will Make You A Debt Slave







Bad Guys Pushing THIS WEEK to Promote Global Tyranny Run By Corporations

Washington’s Blog
April 23, 2015

The powers-that-be are pushing this week to fast track a horrible treaty which would destroy America.

The treaty is called the Trans Pacific Partnership (TPP).

The U.S. Trade Representative – the federal agency responsible for negotiating trade treaties – has said that the details of the TPP are classified due to “national security”.

Why’s the deal being kept secret? Because it would be impossible to pass if the public knew what was really in it:
Ron Kirk, until recently Mr. Obama’s top trade official, was remarkably candid about why he opposed making the text public: doing so, he suggested to Reuters, would raise such opposition that it could make the deal impossible to sign.
Senator Elizabeth Warren notes:
Supporters of the deal say to me, “They have to be secret, because if the American people knew what was actually in them, they would be opposed.”
But it’s not only being hidden from the American people … it’s being hidden even from most U.S.Congress members.

A Congressman who has seen the text of the treaty says:
There is no national security purpose in keeping this text secret … this agreement hands the sovereignty of our country over to corporate interests.
It would also allow foreign corporations to challenge U.S. laws.  It will literally override American law.  As the New York Times headlines  in Trans-Pacific Partnership Seen as Door for Foreign Suits Against U.S.:
Companies and investors would be empowered to challenge regulations, rules, government actions and court rulings — federal, state or local — before tribunals organized under the World Bank or the United Nations.
Ron Paul says that the TPP would erode national sovereignty:
 


While it’s falsely called a “trade agreement”, only 5 out of 29 of TPP’s chapters have anything to do with trade.  And conservatives point out that even the 5 chapters on trade do not promote free trade. Bloomberg calls TPP a “corporatist power grab”, “as democratic and transparent as a one-party state,” and shrouded in “Big Brother-like secrecy”.

TPP would increase the cost of consumer loansmake prescription drugs more expensive, destroy privacy, harm food safetylet Wall Street run amok, make it illegal to favor local businesses, and – yes – literally act to destroy the sovereignty of the U.S. and the other nations which sign the bill.
A very credible inside source also tells Washington’s Blog that TPP contains provisions which would severely harm America’s national security. Specifically, like some previous, ill-conceived treaties, TPP would allow foreign companies to buy sensitive American assets which could subject us to terror attacks or economic blackmail.

Huffington Post quotes the New York Times and Wikileaks to explain how the dispute provisions would gut the American legal system:
The WikiLeaks analysis explains that this lets firms “sue” governments to obtain taxpayer compensation for loss of “expected future profits.”
Let that sink in for a moment: “[C]ompanies and investors would be empowered to challenge regulations, rules, government actions and court rulings — federal, state or local — before tribunals….” And they can collect not just for lost property or seized assets; they can collect if laws or regulations interfere with these giant companies’ ability to collect what they claim are “expected future profits.”
The Times‘ report explains that this clause also “giv[es] greater priority to protecting corporate interests than promoting free trade and competition that benefits consumers.”
The tribunals that adjudicate these cases will be made up of private-sector (i.e., corporate) attorneys. These attorneys will rotate between serving on the tribunals and representing corporations that bring cases to be heard by the tribunals. This is a conflict of interest because the attorneys serving on the tribunals will have tremendous incentive to rule for the corporations if they want to continue to get lucrative corporate business.
***
This ISDS mechanism [“Investor-State Dispute Settlement” tribunals created by TPP] originates from a time when investors in wealthy, developed countries wanted to invest in projects in unstable “third-world,” “banana-republic”-style countries but worried that dictators or revolutionary governments could decide to seize their property — a refinery, railroad or factory — leaving them with no recourse. So before investing, the target country agrees that in the case of disputes, a tribunal is set up outside and beyond the reach of the country’s justice system (courts where the judge is a brother or other crony of the dictator, for example), providing recourse in the event of unjust seizure of property. This would make investment less risky.
However, under agreements like the TPP, these provisions apply to and override the laws of modern, stable, developed countries with democratic governance and fair court systems. The corporate representatives negotiating modern trade agreements see such democratically run governments as “burdensome” and chaotic, introducing “uncertainties” and “interfering” or “meddling” with the corporate order. As onesupporter of these ISDS provisions put it, they protect corporations from “the waves of madness that occasionally flit through the population.”
To give an idea of what would happen to American law if TPP passes, just look at Equador …   Its courts awarded billions against Chevron for trashing huge swaths of rainforest.  But then a private arbitration panel simply ignored the country’s court system. If TPP passes, we’ll be treated like a third world country, and our American laws and courts will be ignored as well.

(Those opposed to a “one world government” or a “new world order” should oppose TPP as the big fight.  Conservatives might want to read read this.  Remember that one of the best definitions of fascism – the one used by Mussolini – is the “merger of state and corporate power”.  TPP a giant step in that direction.)

The backers of TPP – including Obama and many in Congress – are trying to approve a “fast track” procedure this week that would prevent Congress from having any real input into the agreement, or to even have the opportunity to debate what should be in the agreement.
But the treaty is so bad, that if we just defeat the attempt to fast-track it, it will die a natural death as soon as it’s made public … and Congress has to engage in serious debate on the horrible agreement, and answer to its angry constituents.

The American people are already strongly opposed to TPP, and are disgusted by the proposed fast-tracking of the TPP vote. But we have to let our Congress members’ know how we feel on this.
We’ve stopped other bad trade bills … and we can stop this one.

Make your voice heard and tell Congress NO to TPP!

Postscript: Find you House member here, and your Senator here.

Wednesday, April 22, 2015

One Last Look At The Real Economy Before It Implodes - Part 6 - Solutions

Brandon Smith
Alt Market
April 22, 2015

All problems, all crises, have at least one solution, if not many solutions. There is no such thing as an unwinnable scenario. Some may not be smart enough or courageous enough to see it, but the solution is always there, waiting to be discovered. The only fight that cannot be won is the fight in which the enemy makes all the rules and we foolishly abide by those rules. Life is not a game of chess, and a man can choose to be more than a pawn anytime he has the guts to do so.

In the past, I have likened the liberty movement to a rebellion against not just tyrants but the game itself – a group of people willing to walk away from the chess board and make their own rules. I stand by that assertion. However, simply walking away is not enough; we must also be willing to take actions that will destroy the game entirely.

Continue reading here: http://www.alt-market.com/articles/2572-one-last-look-at-the-real-economy-before-it-implodes-part-6-solutions

VIDEO: Why The Media Covers Up Bilderberg

VIDEO: CAUGHT ON TAPE - Senator Takes Orders From Lobbyist

VIDEO: Totally Screwed!!! Obama Given Fast-Track Authority

Tuesday, April 21, 2015

Prison Labor is Industry’s “Best Kept Secret in Outsourcing” and What Has Killed Your Job

Mac Slavo
SHTFplan.com
April 21, 2015

There’s “free trade.” There’s “fair trade.” And then there’s what’s really happening.

The realities of globalization have made the price of labor somewhere between rock bottom and worthless.

Since the days of NAFTA, the WTO and a flood of cheap Chinese goods, major corporations – American-based and all the rest — have offshored production, taking advantage of virtual slave labor and the only edge that this kind of competition brings.

But now, American companies are taking advantage of something better than low-wage offshore labor – straight forward prison labor may be the best of both worlds for mega-corporations.

Don’t think they think they see it that way?

Now they are proud of it. Just see this promotional video:

Continue reading here:
http://www.prisonplanet.com/prison-labor-is-industrys-best-kept-secret-in-outsourcing-and-what-has-killed-your-job.html

VIDEO: X22 Report 4/20/15. Europe Backs Away From War As The U.S. Pushes For War - Episode 646

Bush Campaign Responds to Infowars Bilderberg Report

Bush team, MSM quick to react to Infowars report linking Bush to Bilderberg

Kit Daniels
Prison Planet.com
April 21, 2015

Jeb Bush’s spokesperson denied that Bush would attend the June 2015 Bilderberg conference in direct response to an Infowars.com article pointing out that Bush would be near the conference and would also likely announce his presidential candidacy in June.

Continue reading here: http://www.prisonplanet.com/bush-campaign-responds-to-infowars-bilderberg-report.html

VIDEO: How Builderberg Made Obama

College Students Forced to Take Feminist ‘Re-Education’ Course to Enroll

Sim-style game conflates consensual sex with rape

Paul Joseph Watson
Prison Planet.com
April 21, 2015

College students in America are being forced to undergo three hour feminist re-education courses before they are even allowed to enroll in their classes.

A poster on the BodyBuilding.com forum details how his registration was put on hold until he completed a sim-style “game” which teaches the user how to think, act and respond around women.

The course is provided by a for-profit company called We End Violence, which says its mission is based on “50 years of feminist anti-violence work” and is designed to “challenge….men and masculinity”.

VIDEO: U.S. Army FORCES Cadets to Wear High Heels to Promote Feminist Campaign

Saturday, April 18, 2015

VIDEO: Porter Stansberry - America 2020

The Global Liquidity Squeeze Has Begun

Michael Snyder
Economic Collapse
April 18, 2015
http://theeconomiccollapseblog.com/archives/the-global-liquidity-squeeze-has-begun

Get ready for another major worldwide credit crunch.

Today, the entire global financial system resembles a colossal spiral of debt. Just about all economic activity involves the flow of credit in some way, and so the only way to have “economic growth” is to introduce even more debt into the system.

When the system started to fail back in 2008, global authorities responded by pumping this debt spiral back up and getting it to spin even faster than ever. If you can believe it, the total amount of global debt has risen by $35 trillion since the last crisis.

Unfortunately, any system based on debt is going to break down eventually, and there are signs that it is starting to happen once again. For example, just a few days ago the IMF warned regulators to prepare for a global “liquidity shock“.

And on Friday, Chinese authorities announced a ban on certain types of financing for margin trades on over-the-counter stocks, and we learned that preparations are being made behind the scenes in Europe for a Greek debt default and a Greek exit from the eurozone. On top of everything else, we just witnessed the biggest spike in credit application rejections ever recorded in the United States. All of these are signs that credit conditions are tightening, and once a “liquidity squeeze” begins, it can create a lot of fear.

Over the past six months, the Chinese stock market has exploded upward even as the overall Chinese economy has started to slow down. Investors have been using something called “umbrella trusts” to finance a lot of these stock purchases, and these umbrella trusts have given them the ability to have much more leverage than normal brokerage financing would allow. This works great as long as stocks go up. Once they start going down, the losses can be absolutely staggering.

That is why Chinese authorities are stepping in before this bubble gets even worse. Here is more about what has been going on in China from Bloomberg…

China’s trusts boosted their investments in equities by 28 percent to 552 billion yuan ($89.1 billion) in the fourth quarter. The higher leverage allowed by the products exposes individuals to larger losses in the event of stock-market drops, which can be exaggerated as investors scramble to repay debt during a selloff.

In umbrella trusts, private investors take up the junior tranche, while cash from trusts and banks’ wealth-management products form the senior tranches. The latter receive fixed returns while the former take the rest, so private investors are effectively borrowing from trusts and banks.

Margin debt on the Shanghai Stock Exchange climbed to a record 1.16 trillion yuan on Thursday. In a margin trade, investors use their own money for just a portion of their stock purchase, borrowing the rest. The loans are backed by the investors’ equity holdings, meaning that they may be compelled to sell when prices fall to repay their debt.

Overall, China has seen more debt growth than any other major industrialized nation since the last recession. This debt growth has been so dramatic that it has gotten the attention of authorities all over the planet…

Wolfgang Schaeuble, Germany’s finance minister says that “debt levels in the global economy continue to give cause for concern.”

Singling out China in particular, Schaeuble noted that “debt has nearly quadrupled since 2007″, adding that it’s “growth appears to be built on debt, driven by a real estate boom and shadow banks.”

According to McKinsey’s research, total outstanding debt in China increased from $US7.4 trillion in 2007 to $US28.2 trillion in 2014. That figure, expressed as a percentage of GDP, equates to 282% of total output, higher than the likes of other G20 nations such as the US, Canada, Germany, South Korea and Australia.

This credit boom in China has been one of the primary engines for “global growth” in recent years, but now conditions are changing. Eventually, the impact of what is going on in China right now is going to be felt all over the planet.

Over in Europe, the Greek debt crisis is finally coming to a breaking point. For years, authorities have continued to kick the can down the road and have continued to lend Greece even more money.

But now it appears that patience with Greece has run out.

For instance, the head of the IMF says that no delay will be allowed on the repayment of IMF loans that are due next month…

IMF Managing Director Christine Lagarde roiled currency and bond markets on Thursday as reports came out of her opening press conference saying that she had denied any payment delay to Greece on IMF loans falling due next month.

Unless Greece concludes its negotiations for a further round of bailout money from the European Union, however, it is not likely to have the money to repay the IMF.

And we are getting reports that things are happening behind the scenes in Europe to prepare for the inevitable moment when Greece will finally leave the euro and go back to their own currency.

For example, consider what Art Cashin told CNBC on Friday…

First, “there were reports in the media [saying] that the ECB and/or banking authorities suggested to banks to get rid of any sovereign Greek debt they had, which suggests that maybe the next step will be Greece exiting,” Cashin told CNBC.

Also, one of Greece’s largest newspapers is reporting that neighboring countries are forcing subsidiaries of Greek banks that operate inside their borders to reduce their risk to a Greek debt default to zero…

According to a report from Kathimerini, one of Greece’s largest newspapers, central banks in Albania, Bulgaria, Cyprus, Romania, Serbia, Turkey and the Former Yugoslav Republic of Macedonia have all forced the subsidiaries of Greek banks operating in those countries to bring their exposure to Greek risk — including bonds, treasury bills, deposits to Greek banks, and loans — down to zero.

Once Greece leaves the euro, that is going to create a tremendous credit crunch in Europe as fear begins to spread like wildfire. Everyone will be wondering which nation will be “the next Greece”, and investors will want to pull their money out of perceived danger zones before they get hammered.

In the past, other European nations have been willing to bend over backwards to accommodate Greece and avoid this kind of mess, but those days appear to be finished. In fact, the finance minister of France openly admits that the French “are not sympathetic to Greece”…

Greece isn’t winning much sympathy from its debt-wracked European counterparts as the country draws closer to default for failing to make bailout repayments.

“We are not sympathetic to Greece,” French Finance Minister Michael Sapin said in an interview at the International Monetary Fund-World Bank spring meetings here.

“We are demanding because Greece must comply with the European (rules) that apply to all countries,” Sapin said.

Yes, it is possible that another short-term deal could be reached which could kick the can down the road for a few more months.

But either way, things in Europe are going to continue to get worse.

Meanwhile, very disappointing earnings reports in the U.S. are starting to really rattle investors.

For example, we just learned that GE lost 13.6 billion dollars in the first quarter…

One week following the announcement that it would dismantle most of its GE Capital financing operations to instead focus on its industrial roots, General Electric reported a first quarter loss of $13.6 billion.

The results were impacted by charges relating to the conglomerate’s strategic shift. A year ago GE reported a first quarter profit of $3 billion.

That is a lot of money.

How in the world does a company lose 13.6 billion dollars in a single quarter during an “economic recovery”?

Other big firms are reporting disappointing earnings numbers too…

In earnings news, American Express Co. late Thursday said its results were hurt by the strong U.S. dollar, which reduced revenue booked in other countries. Chief Executive Kenneth Chenault reiterated the company’s forecast that 2015 earnings will be flat to modestly down year over year. Shares fell 4.6%.

Advanced Micro Devices Inc. said its first-quarter loss widened as revenue slumped. The company said it was exiting its dense server systems business, effective immediately. Revenue and the loss excluding items missed expectations, pushing shares down 13%.

And just like we saw just before the financial crisis of 2008, Americans are increasingly having difficulty meeting their financial obligations.

For instance, the delinquency rate on student loans has reached a very frightening level…

More borrowers are failing to make payments on their student loans five years after leaving college, painting a grim picture for borrowers, according to the Federal Reserve Bank of New York.

Student debt continues to increase, especially for people who took out loans years ago. Those who left school in the Great Recession, which ended in 2009, had particular difficulty with repayment, with many defaulting, becoming seriously delinquent or not being able to reduce their balances, the New York Fed said today.

Only 37 percent of borrowers are current on their loans and are actively paying them down, and 17 percent are in default or in delinquency.

At this point, the American consumer is pretty well tapped out. If you can believe it, 56 percent of all Americans have subprime credit today, and as I mentioned above, we just witnessed the biggest spike in credit application rejections ever recorded.

We have reached a point of debt saturation, and the credit crunch that is going to follow is going to be extremely painful.

Of course the biggest provider of global liquidity in recent years has been the Federal Reserve. But with the Fed pulling back on QE, this is creating some tremendous challenges all over the globe. The following is an excerpt from a recent article in the Telegraph…

The big worry is what will happen to Russia, Brazil and developing economies in Asia that borrowed most heavily in dollars when the Fed was still flooding the world with cheap liquidity. Emerging markets account to roughly half of the $9 trillion of offshore dollar debt outside US jurisdiction.

The IMF warned that a big chunk of the debt owed by companies is in the non-tradeable sector. These firms lack “natural revenue hedges” that can shield them against a double blow from rising borrowing costs and a further surge in the dollar.

So what is the bottom line to all of this?

The bottom line is that we are starting to see the early phases of a liquidity squeeze.

The flow of credit is going to begin to get tighter, and that means that global economic activity is going to slow down.

This happened during the last financial crisis, and during this next financial crisis the credit crunch is going to be even worse.

This is why it is so important to have an emergency fund. During this type of crisis, you may have to be the source of your own liquidity. At a time when it seems like nobody has any cash, those that do have some will be way ahead of the game.

VIDEO: This Is Not About Feminism…It’s About Control By The State

Friday, April 17, 2015

Is Saudi Arabia Setting The World Up For Major Oil Price Spike?

Nick Cunningham
OilPrice.com
April 17, 2015

In order to maintain a grip on market share by pushing U.S. shale producers out of the market, Saudi Arabia (and OPEC) is willing to use up its spare capacity. That could lead to a price spike.

Saudi Arabia produced 10.3 million barrels per day in the month of March, a 658,000 barrel-per-day increase over the previous month. That is the highest level of production in three decades for the leading OPEC member. On top of the Saudi increase, Iraq boosted output by 556,000 barrels per day, and Libya succeeded in bringing 183,000 barrels per day back online. OPEC is now collectively producing nearly 31.5 million barrels per day, well above the cartel’s stated quota of just 30 million barrels per day.

The enormous increase in production comes into a market that is still dealing with extraordinarily low prices. The move could be interpreted as a stepped up effort on behalf of Saudi Arabia to maintain market share at all costs. More output will prolong the slump in oil prices, which will force even more U.S. shale production out of the market. The signs of success are already showing – the U.S. is set to lose 57,000 barrels per day in production in May, and rig counts are still falling.

Continue reading here:
http://www.zerohedge.com/news/2015-04-17/saudi-arabia-setting-world-major-oil-price-spike

VIDEO: Which Fortune 500 Companies Pay No Taxes?

Thursday, April 16, 2015

VIDEO: Greg Hunter 4/15/15. Ellen Brown- No Backup Plan for California Drought with One Year of Water Left

VIDEO: Gregory Mannarino Economic Collapse News 4/16/15. Expect The Dollar To Fall And Commodities To Rise / Without Returning To A Free Market, America Is Finished.



One Last Look At The Real Economy Before It Implodes

Brandon Smith
Alt Market
April 16, 2015
http://www.alt-market.com/articles/2568-one-last-look-at-the-real-economy-before-it-implodes-part-5

Since I began writing analysis for the liberty movement more than eight years ago, I have always said that we will know when the endgame of the globalists is upon us when the criminals come out into the light of day and admit to their crimes. At that moment, it will be because they no longer fear either the repercussions or their plans being obstructed.

As I plan to show in this installment of my series on the hidden fiscal collapse of America, the endgame has indeed arrived. At the very least, the international elites seem to think success is within their grasp, for they now openly expose their own criminality. But they do so in a way that attempts to divert blame or to rationalize their actions as being for the “greater good.”

In Part 4 of this series, I discussed the reality of the false East/West paradigm and the fact that the “conflict” between Eastern and Western interests is nothing more than Kabuki theater constructed by globalists and designed to mesmerize the masses. You see, the problem with most people is that they tend to let their innate sense of tribalism drive them to take sides in war without understanding the fundamental root of that war. In most cases, they believe one side must be “good” and one side must be “bad.” Globalists understand this weakness of human collectivism, and they exploit it as often as possible. They create conflicts from out of the void, conflicts in which BOTH sides are controlled. Then, they let the masses fumble like idiots trying to set the noose around the other guy’s neck.

The East/West paradigm is just another in a long line of false confrontations engineered by the elites, but it is one that is most dangerous to the liberty movement itself. In our rage over the destruction of freedom and prosperity within our own country, some of us have come to assume that the source of all that is unholy bubbles at the heart of U.S. corporate and government activity and that the East is in the midst of some kind of rebellion. This is simply nonsense.

Recently, a reader sent me a link that reminded me of comments made by Rep. Louis T. McFadden, chairman of the House Banking Committee, on May 4, 1933. In the wake of his battle against the Federal Reserve, he said:

“… the treacherous signing away of American rights at the 7-power conference at London in July 1931 … put the Federal Reserve System under the control of the Bank of International Settlements.”

Even in 1933, there were some people who could see that the Federal Reserve was just an errand boy, an economic hit man for a more powerful entity. Sadly, McFadden died in 1936 from coronary thrombosis before he could make any headway in his crusade. The truth he stamped into the public record, though, lives on; and it is a truth that many people just don’t want to hear. It is easier to quantify the threat of the Federal Reserve. It is easier to believe that the Fed either controls the entire game or (for the more sheep-minded citizenry) that the Fed is a harmless “quasi-governmental body.” Many of us in the movement want to believe it is the gateway to the seventh circle of hell because if the Fed dies, then we win. And the Fed appears to be killable, most notably in light of certain actions on the part of the East. Unfortunately, the problem is far more complex

As McFadden exposed, the Fed is merely a tentacle, one of many slithering at the behest of a larger vampire squid. The Bank for International Settlements appears to be the eye of the leviathan. I have been happy to see that the BIS is gaining more and more attention from the alternative media as a primary threat to the stability of the world. Zero Hedge published a very interesting article on the BIS banking cabal recently, excerpted from a book by Adam LeBor and titled “Meet The Secretive Group That Runs The World.”

Of course, this is not the first exposé on the BIS. Even Harper’s published a surprisingly honest (though only half the story) piece on the bank, titled “Ruling The World Of Money,” back in 1983. In it, the magazine claims that “…the unabashed purpose of its (BIS) elite monthly meetings is to coordinate and, if possible, to control all monetary activities in the industrialized world.”

Any central bank that ends up on the membership roster of the BIS should be for all intents and purposes considered a pawn of the BIS. This includes the central banks of Eastern nations supposedly in opposition to Western power. The very beginning history of the BIS is stained with blood, since it financially played both sides of World War II and aided the funding of the Nazi apparatus. Keep in mind that Germany, Japan and the Allies were all members of the BIS from 1931 on and remained members through the war. Bankers have been pitting countries against each other for a very long time, and they have no loyalties to any particular nation.

The BIS had to fade into the background for a time after its partnership with fascists was made public after the war. So the elites formed yet another monstrosity, the International Monetary Fund, to take its place in the public eye. However, the BIS continues to this day to pull the strings of the world’s central banks and, by extension, the world’s governments.

The strategy of engineered conflict has not changed. I have written numerous articles on the undeniable collusion between Russia and the IMF, including the avid Russian support for the IMF’s new global reserve currency, the Special Drawing Rights. You can read those articleshere, here and here.

Vladimir Putin and the Kremlin have continued their love affair with the IMF since 2009, when they called for the SDR to become the world reserve currency.

Last year, Putin reasserted the goal of the BRICS to become more involved (enveloped) in the IMF system:

“In the BRICS case we see a whole set of coinciding strategic interests. First of all, this is the common intention to reform the international monetary and financial system. In the present form it is unjust to the BRICS countries and to new economies in general. We should take a more active part in the IMF and the World Bank’s decision-making system. The international monetary system itself depends a lot on the US dollar, or, to be precise, on the monetary and financial policy of the US authorities. The BRICS countries want to change this.”

I also have been covering the Chinese shift away from the dollar and into the arms of the IMF’s currency basket for years.

The great lie today is that China and Russia are anti-New World Order. Yet as I discussed in my last article, China (and Russia) have consistently called for a global conversion into the SDR basket system, and they want this system to be run by the IMF. The IMF, in turn, has consistently called for the end of the dollar as the world reserve currency and has openly embraced institutions like the new Asian regional bank, the AIIB, which is dominated by China, despite the fact that many people wrongly believe that the AIIB is somehow “competition” to the IMF or World Bank.

This excerpt comes from the International Business Times:

World Bank managing director Mulyani Indrawati told Xinhua in an interview.

“We will definitely open for cooperation with AIIB [sic]. Even now, we are working very closely in the beginning and looking at the setting, principle and framework of this institution.”

She also dismissed worries that the AIIB will compete against the World Bank or existing regional development banks and noted the global need for infrastructure is huge to accommodate multiple organisations.

Speaking at the opening of the China Development Forum in Beijing, IMF chief Christine Lagarde said the IMF would be “delighted” to co-operate with AIIB, and the institutions have “massive” room for cooperation.

More on the history of China and its partnership with the New World Order can be found in James Corbett’s excellent video analysis here.

At the level of international banking and monetary policy, there is absolutely NO indication of any legitimate conflict between the East and the West. Again, such battles are only theater for the masses. But what purpose does this theater serve?

The fake economic war between East and West provides cover and rationale for the true goal of the internationalists: the destruction of the dollar as the world reserve currency and the ascendency of the SDR global monetary system. The endgame of the bankers is, of course, global government. It has been the longtime dream of the Fabian socialists permeating the central banking universe. A global currency system and centralized economic management are first-step psychological weapons against the public. If the world operates on a singular currency mechanism and a singular economic authority, why not have a singular governmental system as well?

The mistake many liberty movement analysts make is the assumption that the internationalists are somehow dedicated to U.S. interests. The idea that globalists have any loyalties to any sovereign government is a ridiculous notion. Fabians hate sovereign separations between nations (as much as they hate individual liberties), and they seek to ultimately destroy all boundaries for the sake of a singular global fiscal-political edifice.

But the elites cannot simply kill the dollar and replace it outright. They need a magic trick, a smoke-and-mirrors hologram, a sexy assistant in a sequined bathing suit and fireworks galore while they pull their global basket reserve out of a top hat. The false East/West paradigm is the perfect distraction. What better way to destroy the dollar and conjure a new world reserve than to pit one block of nations you dominate against the other block of nations you dominate and blame the resulting economic catastrophe on the “barbarism of sovereign nationalism,” which you also plan to erase in due course?

The elites are preparing for this event, and they are not content only to trigger it then sit back and watch it happen. They also hope to construct a new image for themselves as the prophets who tried to warn the world — the financial “sages” who would be our rescuers.

The criminals are coming into the light, and they are wearing the masks of saviors.

Alan Greenspan is now suddenly a staunch promoter of economic caution, warning that “something big … a significant market event …” is about to happen, and that gold is now a good investment as opposed to the dollar.

Janet Yellen has openly conceded that cash is not a convenient store of value.

Jamie Dimon is getting in on the prognosticator action, asserting that another financial crisis is coming.

The IMF now consistently warns of “shadow banking risks” bringing disaster to the economic environment.

The World Bank has been polite enough to warn the public that “now is the time to prepare for the next crisis.”

The BIS now produces statements on a regular basis predicting a possible “violent reversal of global markets,” just as it conveniently alerted the public to the possibility of credit collapse in 2007 right before the derivatives crisis.

Literally every elitist and his drunken uncle now publicly discuss the danger of another market crash. That’s a rather stark reversal from a few years ago when recovery was a mainstream absolute, Bernanke was being called a hero, and fiat stimulus was the fountain of youth. How would they know that such an event is coming? They built the conditions by which a collapse is inevitable, and now they want to purify themselves in the waters of Lake Minnetonka and absolve their institutions of all future ugliness.

I would like to point out, though, that banker warnings of volatility and crisis are generally given far too late for average people to act accordingly. I would also like to point out that the rising chorus of mainstream voices giving predictions of destabilization are also marginalizing and isolating the U.S. and the Federal Reserve as the root cause. The U.S. is nothing more than a storefront for elitist activities. And the Federal Reserve is a tentacle that can be sacrificed if it means achieving total centralization. All signs and evidence point to what the IMF calls the “great global economic reset.” The plans for this reset do not include U.S. prosperity or a thriving dollar.

Wednesday, April 15, 2015

VIDEO: Peter Schiff - Why An Economic Crash Is Coming In 2015

TSA Workers Caught Manipulating Body Scanners To Grope Genitals For Sexual Gratification

Screeners fired after sick scheme outed

Steve Watson
Prisonplanet.com
April 15, 2015

Two TSA screeners working at Denver International Airport have been fired after it emerged that they had concocted a perverted scheme in order to purposefully grope the genitals of men they found attractive for their own sexual gratification.

A CBS4 investigation found that a male TSA worker was working in cahoots with a female TSA worker to allow the man to pull aside and feel up male passengers he found attractive.

Continue reading here: http://www.prisonplanet.com/tsa-workers-caught-manipulating-body-scanners-in-order-to-grope-mens-genitals.html

VIDEO: The Shocking Magnitude Of The Great Economic Collapse

Lights Out: City Plans to Cut Power to Homes of Adolescents Accused of Vandalism

Story came to the attention of Infowars after a call to the Alex Jones Show

Kurt Nimmo

Prison Planet.com
April 15, 2015
http://www.prisonplanet.com/lights-out-city-plans-to-cut-power-to-homes-of-adolescents-accused-of-vandalism.html

City officials in Farmer City, Illinois are considering turning off the electricity of families with juveniles accused of vandalism.

Unlike many small towns, Farmer City controls its electricity.

The city manager, Larry Woliung, came up with the idea after 40 residents in the town had their tires slashed.

“After we’ve tried everything else, we cut your power,” Woliung said.

“It’s a very small group of adolescents. What we are seeing is a lack of respect for authority,” Mayor Mike Jenkins told WCIA 3, a CBS affiliate in Champaign, Illinois.

Jenkins believes laws are not enough to stop the problem, so collective punishment is the answer.

“The juvenile laws are very friendly to juveniles. And a lot of the time, we do not have the teeth to make anything stick,” he said.

“With a juvenile court system, it’s awfully hard to get stuff done.”

The Farmer City attorney is looking into the radical solution to see if it is legal.

Prior to investigating the legality of the move, the city council approved the measure.

“At the last council meeting our city manager asked to pursue a policy that would allow us to deny power to households of juveniles that had been caught vandalizing city property. The council did grant approval to begin this legal conversation with our lawyers,” Jenkins writes on his Facebook page.

“We as a city need to have a wide range of tools at our disposal to ensure that our citizens, their families, and their property are protected.”

Monday, April 13, 2015

Climate Globalists Get Behind Draft Elizabeth Warren Campaign

Kurt Nimmo
Prison Planet.com
April 13, 2015

The Elizabeth Warren for president campaign has attracted a number of prominent establishment environmental groups in the wake of Hillary Clinton’s presidential announcement last week.

“Environmental Activists for Warren” has become part of the Ready for Warren group.

“The launch expected to take place later this month is the latest sign that environmentalists fear that Hillary Clinton, the 2016 Democratic frontrunner who announced her candidacy on Sunday, won’t take a strong stand on the issues they care most about,” the National Journal reports today.

Ready for Warren has culled employees, donors, and volunteers from establishment backed “green” groups, including the Sierra Club, League of Conservation Voters, Environmental Defense Fund, 350.org, Friends of the Earth, and Greenpeace USA.

Continue reading here:
http://www.prisonplanet.com/climate-globalists-get-behind-draft-elizabeth-warren-campaign.html

Hillary Vows to Protect Americans From the 1%, While Being Funded by the 1%

Clinton’s lavish lifestyle & obsession with money completely at odds with ordinary Americans she claims to represent

Prison Planet.com
Paul Joseph Watson
April 13, 2015

Hillary Clinton’s promise to represent “everyday Americans” is completely at odds with her personal lifestyle, obsession with money, and the fact that her 2008 campaign was funded by giant transnational banks.

Continue reading here: http://www.prisonplanet.com/hillary-vows-to-protect-americans-from-the-1-while-being-funded-by-the-1.html

VIDEO: The War on Language

VIDEO: MSM Caught Lying - Breaking Jade Helm Update

Sunday, April 12, 2015

VIDEO: Obama Used IRS As Political Weapon

VIDEO: Hannity Battles Pat Buchanan Over Iran Nuke Deal

VIDEO: The Secret Agenda Of The California Water Drought Exposed

VIDEO: Jerome Corsi - Obama's Iran Deal Is A Fraud

VIDEO: Bilderberg 2015 in Austria Will Be Like None Before It

Meet The Secretive Group That Runs The World

Zero Hedge
April 12, 2015

Over the centuries there have been many stories, some based on loose facts, others based on hearsay, conjecture, speculation and outright lies, about groups of people who “control the world.” Some of these are partially accurate, others are wildly hyperbolic, but when it comes to the historic record, nothing comes closer to the stereotypical, secretive group determining the fate of over 7 billion people, than the Bank of International Settlements, which hides in such plain sight, that few have ever paid much attention.

Continue reading here: http://www.zerohedge.com/news/2015-04-11/meet-secretive-group-runs-world

VIDEO: X22 Report 4/11/14. U.S. Economic Recovery Illusion Is Falling Apart - Episode 639, 638 & 637





Wednesday, April 1, 2015

VIDEO: The Cancer Cure You’re Never Going To Get

VIDEO: Nomi Prins On The Sinister Evolution Of Our Modern Banking System



Lights Out News: Obama Plans ‘Executive Order’ For UN Climate Rules

Valerie Volcovici
Reuters 
April 1, 2015

The Obama administration’s plan for U.N. climate change talks encountered swift opposition after its release Tuesday, with Republican leaders warning other countries to “proceed with caution” in negotiations with Washington because any deal could be later undone.

The White House is seeking to enshrine its pledge in a global climate agreement to be negotiated Nov. 30 to Dec. 11 in Paris. It calls for cutting greenhouse gas emissions by close to 28 percent from 2005 levels within a decade, using a host of existing laws and executive actions targeting power plants, vehicles, oil and gas production and buildings.

But Republican critics say the administration lacks the political and legal backing to commit the United States to an international agreement.

“Considering that two-thirds of the U.S. federal government hasn’t even signed off on the Clean Power Plan and 13 states have already pledged to fight it, our international partners should proceed with caution before entering into a binding, unattainable deal,” Senate Majority Leader Mitch McConnell said.

Full article here