Mar 29

The greatest financial collapse in history is coming.

The US and the Federal Reserve are bankrupting America and destroying the US dollar.

- Record: National Debt Up $2 Trillion in Just 421 Days on Obama’s Watch

- US budget deficit hits record $221bn, the largest monthly deficit in history

- Rep. Ron Paul: The US Is Insolvent, Government Debt Will Never Be Repaid

- Marc Faber on CNN: The Patient is Already Dead

- Obama Administration Using Accounting Gimmicks That Would Make Enron ‘Blush,’ Says Republican Lawmaker

Are you prepared for what is coming?

- Gerald Celente: This time they will close the Banks & Wall Street (03/27/10)

- US Government Preparing For Civil Unrest In America


Investors are braced for a further sell-off in US Treasuries after dramatic moves last week raised fears that the surfeit of US government debt is starting to saturate bond markets.

debt_star

The yield on 10-year Treasuries – the benchmark price of global capital – surged 30 basis points in just two days last week to over 3.9pc, the highest level since the Lehman crisis. Alan Greenspan, ex-head of the US Federal Reserve, said the abrupt move may be “the canary in the coal mine”, a warning to Washington that it can no longer borrow with impunity. He said there is a “huge overhang of federal debt, which we have never seen before”.

David Rosenberg at Gluskin Sheff said Treasury yields have ratcheted up 90 basis points since December in a “destabilising fashion”, for the wrong reasons. Growth has not been strong enough to revive fears of inflation. Commodity prices peaked in January and US home sales have fallen for the last three months, pointing to a double-dip in the housing market.

Mr Rosenberg said the yield spike recalls the move in the spring of 2007 just as the credit system started to unravel. “The question is how the equity market is going to handle this back-up in rates,” he said.

The trigger for last week’s sell-off was poor demand at Treasury auctions, linked to the passage of the Obama health care reform. Critics say it will add $1 trillion (£670bn) to America’s debt over the next decade, a claim disputed fiercely by Democrats. Continue reading »

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Mar 29


Date: 28th Mar 10

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Mar 29

Bank of America, Wells Fargo Probably Won’t Pay Income Tax for 2009 (Charlotte Observer):

This tax season will be kind to Bank of America and Wells Fargo: It appears that neither bank will have to pay federal income taxes for 2009.

Bank of America probably won’t pay federal taxes because it lost money in the U.S. for the year. Wells Fargo was profitable, but can write down its tax bill because of losses at Wachovia, which it rescued from a near collapse. Continue reading »

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Mar 29


Amateur video showing the aftermath of one of the explosions

At least 36 people have been killed after two female suicide bombers blew themselves up on Moscow Metro trains in the morning rush hour, officials say.

Twenty-four died in the first blast at 0756 (0356 GMT) as a train stood at the central Lubyanka station, beneath the offices of the FSB intelligence agency.

About 40 minutes later, a second explosion ripped through a train at Park Kultury, leaving another 12 dead.

The FSB said it was likely a group from the North Caucasus was responsible.

The BBC’s Richard Galpin in Moscow says no group has yet said it carried out the attacks, but past suicide bombings in the capital have been carried out by or blamed on Islamist rebels fighting for independence in Chechnya.

People were yelling like hell… Within about two minutes everything was covered in smoke
Alexei, witness
Live: Moscow Metro bombings In pictures: Aftermath of attacks Profile: Moscow Metro A Chechen link to Moscow bombs?

In February, Chechen rebel leader Doku Umarov said “the zone of military operations will be extended to the territory of Russia… the war is coming to their cities”.

At an emergency meeting with senior officials, President Dmitry Medvedev vowed to uphold the “policy of suppressing terror and the fight against terrorism”.

“We will continue operations against terrorists without compromises and to the end,” he said. Continue reading »

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Mar 29

This is a follow up montage to those who say Bloggers and making videos (Vloggers) and those who comment, are not making a difference.


Added: 26. March 2010

Just look how your government attacks WikiLeaks:

- The War on WikiLeaks … and Why It Matters

US Must Stop Spying on WikiLeaks

- Pentagon Targets WikiLeaks Whistleblowers

- US Army considered attack on Wikileaks

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Mar 28

‘Fascism is coming to America’


Added: 28th Mar 10

More from Gerald Celente:

- Gerald Celente: ‘It’s the greatest bank robbery in world history and the banks are doing the robbing.’

- Gerald Celente: ‘The Crash is Coming in 2010.’

- The No.1 Trend Forecaster Gerald Celente: Financial Mafia Controlling US and Wall Street

- Survivor, America: ‘It’s Only Going to Get Worse,’ Gerald Celente Says

- The No.1 Trend Forecaster Gerald Celente: The Terror And The Crash of 2010

If Nostradamus were alive today, he’d have a hard time keeping up with Gerald Celente.
– New York Post

When CNN wants to know about the Top Trends, we ask Gerald Celente.
– CNN Headline News

There’s not a better trend forecaster than Gerald Celente. The man knows what he’s talking about.
- CNBC

Those who take their predictions seriously … consider the Trends Research Institute.
– The Wall Street Journal

A network of 25 experts whose range of specialties would rival many university faculties.
– The Economist

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Mar 28

1 of 2:

Added: 28. March 2010

2 of 2:

Added: 28. March 2010

The FBI was conducting raids Saturday night at multiple locations in southeast Michigan.

Action News has learned Homeland Security and the Joint Anti-terrorism Task Force is also involved in a major operation.

http://www.wxyz.com/news/story/FBI-Co…

Apparently they are rounding up militia members…listen in

http://www.militiaradio.com/updated-s…

FBI agents raid Hammond location

http://www.chicagobreakingnews.com/20…

Police, federal agents in raids in Sandusky, Huron

http://www.sanduskyregister.com/artic…

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Mar 28

- US shipping hundreds of powerful bunker buster bombs for coming attack on Iran


us-army
(Image: Jared Rodriguez / t r u t h o u t; Adapted: The U.S. Army, Reto Stöckli / NASA)

Here is news of the Third World War. The United States has invaded Africa. US troops have entered Somalia, extending their war front from Afghanistan and Pakistan to Yemen and, now, the Horn of Africa. In preparation for an attack on Iran, American missiles have been placed in four Persian Gulf states, and “bunker-buster” bombs are said to be arriving at the US base on the British island of Diego Garcia in the Indian Ocean.

In Gaza, the sick and abandoned population, mostly children, is being entombed behind underground American-supplied walls in order to reinforce a criminal siege. In Latin America, the Obama administration has secured seven bases in Colombia, from which to wage a war of attrition against the popular democracies in Venezuela, Bolivia, Ecuador and Paraguay. Meanwhile, the Secretary of “Defense” Robert Gates complains that “the general [European] public and the political class” are so opposed to war they are an “impediment” to peace. Remember this is the month of the March hare.

According to an American general, the invasion and occupation of Afghanistan is not so much a real war as a “war of perception.” Thus, the recent “liberation of the city of Marja” from the Taliban’s “command and control structure” was pure Hollywood. Marja is not a city; there was no Taliban command and control. The heroic liberators killed the usual civilians, poorest of the poor. Otherwise, it was fake. A war of perception is meant to provide fake news for the folks back home, to make a failed colonial adventure seem worthwhile and patriotic, as if “The Hurt Locker” were real, and parades of flag-wrapped coffins through the Wiltshire town of Wooten Basset were not a cynical propaganda exercise. Continue reading »

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Mar 28

High-pressure fragrance sprays will be installed at Asuwei dump, one of several hundred overflowing landfill sites that are the focus of growing public concern

In pictures: zooming in on Beijing’s rubbish


Link to this video

Beijing is to install 100 deodorant guns at a stinking landfill site on the edge of the city in a bid to dampen complaints about the capital’s rubbish crisis.

The giant fragrance sprays will be put in place by May at the Asuwei dump site, one of several hundred tips that are the focus of growing public concerns about sanitation, environmental health and a runaway consumer culture.

Municipal authorities say they will also apply more plastic layers to cover the site in response to furious protests by local residents who have to put up with the stench when the wind blows in their direction.

The high-pressure guns, which can spray dozens of litres of fragrance per minute over a distance of up to 50m, are produced by several Chinese firms and based on German and Italian technology. They are already in use at several landfill sites, but they are merely a temporary fix.

Beijing’s waste problem – and China’s – is expanding as fast as its economy, at about 8% each year. With millions more people now able to afford Starbucks, McDonald’s, Kentucky Fried Chicken and other elements of a western, throwaway lifestyle, the landfill sites and illegal tips that ring the capital are close to overflowing. Continue reading »

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Mar 28

Ron Paul was interviewed on MSNBC’s Morning Joe this morning. The Congressman believes that Obamacare will benefit Republicans in the 2010 midterm elections only because many voters have already forgotten how bad Republicans were when they were in power. The next generation of independent-minded individuals realize that both parties are basically the same and that the ideas of liberty need to influence the people and the two parties from the ground up.

Ron Paul is America’s leading voice for limited constitutional government, low taxes, free markets, and a return to sound monetary policies.


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