The 60 Day Countdown Begins, Will This Lead To The False Flag Event? – Episode 457

The following video was published by X22Report on Sep 2, 2014
The manufacturing around the world starts to decline, meanwhile the US manufacturing is improving. Gold has been pushed down once again to give the illusion that the dollar and economy are strong. US Senator wants to take passports away from US fighters who fight in Syria. Ebola is hurting the economies of West Africa and pushing food prices higher. NATO soldiers reported fighting in Ukraine. Libya tribes have now taken over government buildings. Obama notifies congress of strikes in Armeli Iraq, this gives Obama 60 days to use military assets in the region. Afterwards he will need approval from congress, this time frame brings us to Oct-Nov. Islamic State has reportedly beheaded Sotloff in a new video. This is just another event to push the main event.

Angelo Mozilo Responds To Charges:: ‘No, No, No, We Didn’t Do Anything Wrong’

If Angelo Mozilo’s lawyers are to be believed, the former orange head of Countrywide can not be sued by the government (for civil purposes obviously, no former banker in the US can ever be held criminally liable under the Obama administration) because he is, well, sick. However, the same disease apparently does not prevent the 75 year old from giving 30 minute telephonic interviews, such as this one he granted to Bloomberg’s Max Abelson before Labor Day from his 12,692-square-foot house in Santa Barbara, California.
A brief tangent: “interviews with Mozilo, 75, and three friends show what retirement looks like for a chief executive officer linked to the worst financial crisis since the Great Depression. Remaining out of public view like Lehman Brothers Holdings Inc.’s Richard Fuld or Jimmy Cayne of Bear Stearns Cos., Mozilo has submitted plans for Old West-style offices in California, taught students in Italy about finance, invested in a building in the Arizona desert that houses a Taco Bell and written about his life so that his grandchildren will ‘know the truth.“
So what is the truth?
Here are some of the choice excerpts from the man who is “baffled by a new effort to punish him, proud of past triumphs and incensed by criticism.“

This post was published at Zero Hedge on 09/02/2014.

Global Warming Being Exposed as a Fraud

Global Warming seems to be in the same category with gold in the hands of the promoters – bedtime stories for children. Seven years ago former US Vice-President Al Gore’s warned everyone that the Arctic ice would be gone by now. Obama even wanted a commission to see if we could build a machine to reverse what does not exist. Talk about a typical government job. Indeed, these people build bridges when there is not even a river or gully to cross.
The British press seem to be more honest than American, especially after Snowden. In fact, The British Daily Mail is reporting that not only was this forecast of Al Gore dead WRONG, the ice cap has actuallyexpanded for a second year in row covering 1.7million square kilometres MORE than 2 years ago and it is also thicker!

This post was published at Armstrong Economics on September 1, 2014.

Obama’s ‘Loyalties’ Makes the Course of WW III Impossible to Accurately Predict

It should be child’s play to to militarily chart the course of World War III. The sides are drawn and the options available to each side has become obvious. However, the true nature of our current President makes predictions a difficult proposition.
It should be a simple manner to state that President Obama has found his way into Syria, and ultimately Iran, in order to preserve the Petrodollar. In this scenario, the CIA created ISIS has captured abandoned military equipment and is raging through Iraq and Syria. As ISIS continues to wreak havoc and cause more devastation, ISIS will ultimately will launch a series of false flag attacks upon the United States. A largely unaware public will demand revenge and we will have boots on the ground in Syria before you can say ‘false flag attack’.
Both Russia and China have threatened to attack the United States if we invade Syria and/or Iran. If the United States moves quickly enough upon entering Syria, through a combination of parachuting troops into the country and also through a land invasion, the US can install its mobile medium range missile batteries and keep the Russians from moving into the region. It is a fools errand to believe that Russia can oppose and American invasion of Syria, as a prelude and ultimately and invasion of Iran, in order to preserve the Petrodollar that the BRICS are undermining by purchasing oil for gold. Russia cannot win. However, Russia has pinned its economic future on destroying the Petrodollar. Russia will react, just not in the manner that most would expect.

This post was published at The Common Sense Show on September 1, 2014.

Gold And Silver – Elite’s NWO Losing Traction. Expect [More] War

The lies and deceit coming from Western governments continue unabated, whether it is [Pollyanna] economic news that is non-reflective of existing reality or more false flag ‘war’ news that is also non-reflective of existing reality. Whether it be Obama, Cameron, or Merkel, supposed leaders of their countries but totally failing to provide leadership, each can best be described as pimps for the banking elites.
No one, not even [non-existing] Weapons-of-Mass-Destruction Bush Jr, has been more hell-bent on starting wars throughout the world than Nobel Peace Prize winner, [cough, cough], Obama. Cameron has nothing positive to contribute, coming from a country that produces nothing, just running on spent debt fumes. He just announced his idea of more sanctions against Russia by kicking them out of the SWIFT program, the elite banker’s Society for Worldwide Interbank Financial Telecommunication.
How have all of those other sanctions been working, David? There simply is no right way for doing stupid things, but he and Obama continue to try to disprove stupidity with the same proven results.
Merkel, the one who has the best opportunity to defy the elites and take Germany forward into the new world’s developing economic order, primarily China and Russia, leaders of BRICS and its fast-growing associated countries, [new members not currently allowed] Instead, Merkel keeps Germany rooted as the step-child satellite country of the federal United States.

This post was published at Edge Trader Plus on August 30, 2014.

Largarde under Criminal Investigation for Corruption in France

Christine Lagarde has long been suspected of corruption yet of course the International Monetary Fund’s (IMF) board proclaimed they firmly stand behind her because she has raised the stature of the IMF to a world player once again thanks to Obama and their joint agenda to raise our taxes to 80% and confiscate 10% of everyone’s bank account to pay for the bankers. Christine Lagarde is facing a criminal investigation in France that is tied to a political corruption probe dating from 2008.
The allegations by French magistrates earlier in the week placed Lagarde squarely under formal investigation for ‘negligence’ after questioning her in Paris for a fourth time.

This post was published at Armstrong Economics on August 29, 2014.

S&P Futures Surge Over 2000, At Record High, On Collapsing Japanese, European Economic Data, Ukraine Escalations

Following Wednesday’s laughable tape painting close where an algo, supposedly that of Citadel under the usual instructions of the NY Fed, ramped futures just over 2,000 to preserve faith in central planning, yesterday everyone was expecting a comparable rigged move… and got it, only this time milliseconds after the close, when futures moved from solidly in the red, to a fresh record high in seconds on no news – although some speculate that Obama not announcing Syrian air strikes yesterday was somehow the bullish catalyst – and purely on another bout of algo buying whose only purpose was to preserve the overnight momentum. Sure enough, this morning we find that even as bond yields around the world continue to probe 2014 lows, and with the Ruble sinking to fresh record lows as the Ukraine situation has deteriorated to unprecedented lows, so US equity futures have once, driven by the now generic USDJPY spike just after the European open, again soared overnight, well above 2000 and are now at all time highs, driven likely by the ongoing deflationary collapse in Europe where August inflation printed 0.3%, the lowest since 2009 while the unemployment remained close to record high, while the Japanese economic abemination is now fully featured for every Keynesian professor to see, with the latest Japanese data basically continuing the pattern of sheer horror as we reported yesterday.
As a result, with the Fed firmly in tapering mode for now, all hopes are once again firmly pinned on Draghi, and as Bloomberg says the European economic crash is “increasing pressure on the ECB to take action to kindle the bloc’s faltering recovery” even as Germany’s finance minister poured cold water overnight on more action out of the ECB, in line with the Reuters headline earlier this week. In short, complete confusion reigns in the Fed’s “Mutant, broken market” in which nothing really matters and where a green EOD print is now a matter of urgent national security and policy.

This post was published at Zero Hedge on 08/29/2014.

Jaw-Dropping Revelation: Justice Department Confirms Lost IRS Emails Are Stored On Backup Drives

For weeks the IRS and Obama Administration told the American people a carefully crafted narrative regarding the whereabouts of emails containing information surrounding the targeting of specific groups and individuals based on their political party. The Obama administration vehemently denied that such targeting had taken place or that they had any involvement whatsoever. For their part, IRS heads testified that the thousands of emails belonging to director Lois Lerner, who headed the IRS Exempt Organizations Unit, simply disappeared when her hard drive was thrown away.
Most Americans simply couldn’t believe it. How could an agency that deals with billions of pages worth of tax returns simply lose emails, especially from a department head? Moreover, how is it possible that these emails were not backed up somewhere?
In June we opined that there must be secondary copies of these emails, simply because the government keeps records of everything. Could you imagine what would happen to the IRS if their main email or data server was destroyed by some far off event, and all of the government’s tax revenues for an entire year were lost? Of course not! It’s simply not a reasonable scenario.
It turns out, according to a new report, that the government does have backups.
The Department of Justice has confirmed it.
But there’s a catch. DOJ attorneys and the IRS are now scrambling to offer up an excuse for why they shouldn’t have to show them to the American public.


This post was published at shtfplan on August 26th, 2014.

Then & Now – Hitler & Obama

So dictatorship didn’t happen overnight.  It took 5 years, gradually, little by little to escalate to a dictatorship,” Katie Worthman, a survivor of the Natzi regime stated about the coming to power of Adolf Hitler.  She explains how people became so desperate for change, that they elected and then turned over all control to the man who spoke so eloquently and promised a better life for those who had been oppressed.  But the state would eventually take complete control via centralization.  The political, economic, religious, education, healthcare, agricultural and communication systems became state-controlled bureaucracies.  There are so many parallels between what happened in Germany in the 1930’s and what has been happening in America over the past decade – even the purpose and installation of Germany’s Gestapo can be lined up with The U.S. Homeland Security initiatives.

Take a few steps back and look objectively at the situation!

When the people fear the government – that’s tyranny!
But when the government fears the people, that’s liberty!

Fed Has No Choice But to Expand QE

Mike Maloney reviews chart data from the St. Louis Fed and shows the great currency expansion that has ensued since Richard Nixon took the dollar off the international gold standard in 1971.  The data also shows how the velocity of money has not increased, which is why we are not getting much inflation yet (as Jim Rickards has pointed out numerous times on this site already).  Instead, this money expansion has only benefited the banks and the elite, who are buying up real assets with all this printed money, leaving the rest of us with pure debt.

Side note: It might be an interesting exercise to compare what happened during the fall of the USSR when government cronies were able to buy up all the nation’s assets on the cheap, while everyone else suffered.  The fall of the US is similar – the assets might not be so cheap, but the money they’re using to buy them with is easy to get if you’re a banker or an elite crony.

Jim Grant: Let’s Talk About Our Monetary Problems Using ENGLISH

Jim Grant on CNBC today discussing:

  • The ‘bad idea’ to attempt to resolve the national debt problem by minting a trillion-dollar platinum coin. Supporters say the US Treasury would be able to deposit said coin with the Federal Reserve to act as an asset, backing part of the outstanding debt.
    • As Jim notes, this is not an honest approach to discussing the root problem – which is based in the monetary system, itself.
    • Besides that, the idea is preposterous and just shows how crazy this system has become.  Things don’t hold value because someone says they have value.  A thing has value based on the public/market demand for that thing.
  • Prior to 1971, government spending was constrained by both interest rates and the fact that there was some semblance of a gold-backed currency via Bretton Woods.  But today, we have neither constraint – the Fed’s zero percent interest rate policy combined with the current, purely fiat monetary system has created the unstoppable spending spree that has led us to these extreme levels of debt.  If there is anything left at all as a bar against further spending, it is the debt ceiling.  But even that is now being threatened with a proposal to remove it entirely.
  • The just announced appointment of Jacob Lew as Treasury Secretary.  Jim is holding judgement in order to see if there will be any honest discussion regarding the real problems of the monetary system.

What’s Their Agenda?

President Obama may, or may not have honestly shed tears over the victims of Sandy Hook, while at the same time maintaining status quo over innocents being killed by US military drones in foreign lands. Is it just hypocrisy?  Or could there be a hidden motive?

Statistically, guns aren’t the culprit.  If their true motive was to prevent senseless killings, why not ban tobacco?

Furthermore, it’s not the guns, it’s the people using them (and perhaps the drug-induced, psychotic nature of some of the more serious perpetrators) that should be the focus.

The Real Killers

Are we seeing the first steps of an agenda the world has already experienced  many times throughout history?  The following documentary reveals the horrific details of numerous genocides that followed weapons confiscations by governments in power around the globe.


Those who would give up essential liberty to purchase a little temporary safety
deserve neither liberty nor safety.
Benjamin Franklin, Historical Review of Pennsylvania, 1759

The Un-American Federal Government

Here’s an in-your-face, blatant example of the Federal Government supporting a foreign nation, even foreign criminals, over and above it’s own country’s law-abiding citizens.  Professor Terry J. Lovell pleads for fellow Americans to understand this situation and explains:

  • The Federal Government is siding with Mexican drug lords by suing the state of Arizona on its recently adopted illegal immigrant legislation SB-1070.
  • Citizens are urged to read the bill for themselves.  If they do, they’ll see that it’s not what the main-stream media touts it to be. All it requires is for foreigners to carry identification.  It’s a state law that was put in place to allow Arizona officials to do what the Federal Government is failing to do under its own Federal Laws since 1940 (Title 8, US Code Section 1304).  In other words, there would be no need for Arizona to take such a step if the Federal Government was doing their duty to protect American Citizens and enforcing their own law.
  • One third of the prisoners in Arizona are from Mexico!  One third of the cost of our prisons are from foreign felons!

The Debt’s the Issue, Not the Ceiling!

From the main-stream media: CNBC’s Rick Santelli reports from the floor of the Chicago Mercantile Exchange and expounds on our government leaders’ misguided pursuits to establish an unlimited (and unregulated) debt policy.  (Not that the ceiling debate will make any difference in the long run – because to fix the debt problem, spending cuts that cost politicians their careers would need to be undertaken.  But with a ceiling in place, at least there’s some semblance of recognition that there’s a real problem with the national debt and its unstoppable growth.)


Forcing & Reinforcing Socialism

How is it that many Americans have come to embrace the concept of socialism, even though history shows that it’s failed miserably as an economic foundation?  Perhaps it’s nothing more than human nature – we’d much rather be taken care of by someone else, rather than take responsibility for our own lives.  In the following video, Dinesh DSouza delivers two wonderful analogies that make it easy to understand what socialism is, why it’s morally wrong and yet, why most human beings would find it appealing.

Brooksley Born: Frontline PBS: The Warning

During the Clinton administration, Brooksley Born became chairman of the CFTC and then began warning everyone about the unregulated derivatives market, where hundreds of trillions of dollars are estimated to be invested.  Unfortunately the current economic leaders of the time – Alan Greenspan, Larry Summers and Robert Rubin – did everything in their power to silence Born. Since then, we’ve had a near disaster and a semi-collapse in the economy stemming from these derivative markets and yet, the problems have still not been addressed.

The Warning

The Warning – Long before the economic meltdown, one woman tried to warn about the threat to the financial system…



 

RT: The Empire of Debt and the Election

In this episode of Russia Today’s Capital Account, Lauren Lyster interviews Bill Bonner, author of Empire of Debt. The highlights include:

  • Do the statistics and reports generated by the government help anyone determine the real state of the economy?  GDP, CPI and Unemployment reports “mean something, but they don’t mean what they say it means.”
  • A economic system based on fiat/paper money has never lasted in the past. Ever since 1971, when Nixon closed the gold window,  the resources of the country have been used unwisely, investing in programs that destroy the country’s wealth.  In order for real economic growth, this practice must be changed so that resources are invested in initiatives that build wealth.
  • The outcome of the presidential election will not alter the current course. Instead, the election is basically a contest to determine which group of ‘zombies‘ will get government sponsorship. A Romney win will ensure the military industrial complex stays in business, while an Obama victory will further the social/welfare state.
  • The government employing stimulus as a policy to help the economy is ridiculous. Again, it doesn’t help the overall economy generate wealth, it only serves those favored cronies with close ties to those in political office.

A Little Too Close for Comfort

Fox has fired Judge Napolitano after this rant. His intimations were a little too close to the truth.  No, the main-stream media, controlled by the established powers, cannot have a loose cannon like this, can they?

But in a beautifully articulated monologue in his final episode, Napolitano sums up America’s root problems and encourages the people to fight for their freedoms against the tyranny of government!

Swiss America Gold Ads Censored by Main-Stream Networks

Television ads promoting precious metals as safe havens against profligate government spending have been denied by main-stream networks.  Swiss America created two such commercials to be aired on TV only to be denied by NBC, MSNBC, CNBC, ABC, CBS, CNN/HLN and the Discovery Channel.  The networks claim the commercials violate certain standards they try to uphold.

Google TV, however, will be airing the ads.  Score another win for the Internet!!!!  See the full story as well as the other ad at Swiss America.

Update: Fox apparently has reversed its decision and will air at least one of the commercials.