Sep 17

Obama_debt_star

The U.S. National Debt Has Grown By More Than A Trillion Dollars In The Last 12 Months (Economic Collapse, Sep 14, 2014):

The idea that the Obama administration has the budget deficit under control is a complete and total lie.  According to the U.S. Treasury, the federal government has officially run a deficit of 589 billion dollars for the first 11 months of fiscal year 2014.  But this number is just for public consumption and it relies on accounting tricks which massively understate how much debt is actually being accumulated.  If you want to know what the real budget deficit is, all you have to do is go to a U.S. Treasury website which calculates the U.S. national debt to the penny.  On September 30th, 2013 the U.S. national debt was sitting at $16,738,183,526,697.32.  As I write this, the U.S. national debt is sitting at $17,742,108,970,073.37.  That means that the U.S. national debt has actually grown by more than a trillion dollars in less than 12 months.  We continue to wildly run up debt as if there is no tomorrow, and by doing so we are destroying the future of this nation. Continue reading »

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Sep 17

clinton-whistleblower

- Hillary Clinton Bombshell: Whistle Blower Tells Investigators That State Department Shredded Benghazi Records (SHFTplan, Sep 16, 2014):

Democratic Presidential front-runner Hillary Clinton, who oversaw the State Department during the Benghazi attacks that led to the deaths of four Americans, may soon face Federal charges for tampering with and destroying evidence.

According to retired State Department whistle blower Raymond Maxwell, he caught Clinton’s Chief of Staff and Deputy Chief of Staff shredding documents in a State Department basement. When he asked the aids, who worked directly for then-Secretary Clinton, what they were doing he says they were told to remove any documents that could be politically damaging. The remaining documents were then turned over to an independent committee that was investigating the attacks. Continue reading »

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Sep 17

- Russia Central Bank Responds To Domestic Dollar Shortage, Starts Currency Swaps(ZeroHedge, Sep 16, 2014):

With the Ruble hitting record lows once again today against the USDollar, it appears concerns over USD liquidity are growing in Russia. The Russian central bank has unveiled an FX swap operation, allowing firms to borrow dollars in exchange for Rubles for a duration of 1 day (at a cost of 7%p.a.). Of course, this squeeze on USD funding – driven by Western sanctions – will, instead of isolating Russia, force Russian companies (finding USD transactions prohibitively expensive) into the CNY-axis, thus further strengthening the Yuanification of world trade and the ultimate demise of the USD as reserve currency.

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Sep 17

Wisconsin-Sample-ID-Card

- National ID card being covertly rolled out under ‘enhanced’ driver’s license programs (Natural News, Sep 14, 2014):

“Papers, please?” That’s a question you might hear from authorities trying to verify who you are if you lived in an authoritarian police state. It’s not likely that Americans will be asked to prove who they are anytime soon because, after all, we’ve got a Constitution, and it protects us against unjustified invasions of our privacy.

The same is true of a so-called “national ID card,” right? That could never happen in America. Only it has happened — or will happen, depending upon which state you currently reside in.

If you’ve never heard of the “Enhanced Driver’s License,” or EDL, you’re not alone. Most of us haven’t. But they are just that — national (and soon, global) ID cards [states will be forced to issue them to obscure the fact] that immediately verify who we are, without overtly asking us for our “papers.” Continue reading »

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Sep 17

- U.S. government to buy 160,000 Ebola hazmat suits to prepare for full-blown global pandemic: Listen to Episode Three of Pandemic Preparedness (Natural News, Sep 14, 2014):

The U.S. State Department has just put out a bid for 160,000 Ebola hazmat suits, announced a U.S. manufacturer called “Lakeland Industries.” The company’s press release, published at Yahoo Finance, reads:

With the U.S. State Department alone putting out a bid for 160,000 suits, we encourage all protective apparel companies to increase their manufacturing capacity for sealed seam garments so that our industry can do its part in addressing this threat to global health. Continue reading »

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Sep 16

Isis-war-boots


- Pentagon: US ground troops may join Iraqis in combat against Isis (Guardian, Sep 16, 2014):

Defence Secretary Chuck Hagel and General Martin Dempsey say US is ‘at war’ with Isis, which will ‘threaten our homeland’

The US defense secretary told senators on Tuesday that America is “at war” with the Islamic State (Isis), while the senior US military officer suggested US ground troops might directly join Iraqis in combat.

Stripping away an earlier reluctance by the Obama administration to declare its airstrikes against Isis a full-blown war, Pentagon chief Chuck Hagel said Isis will “directly threaten our homeland and our allies” unless the US confronts the jihadist army militarily.

“This will not be an easy or brief effort,” Hagel said, who defined victory as “when we complete the mission of degrading, destroying and defeating” Isis. Continue reading »

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Sep 16

ron-paul-weekly

- Will The Swiss Vote to Get Their Gold Back? (Ron Paul Sep 14, 2014):

On November 30th, voters in Switzerland will head to the polls to vote in a referendum on gold. On the ballot is a measure to prohibit the Swiss National Bank (SNB) from further gold sales, to repatriate Swiss-owned gold to Switzerland, and to mandate that gold make up at least 20 percent of the SNB’s assets. Arising from popular sentiment similar to movements in the United States, Germany, and the Netherlands, this referendum is an attempt to bring more oversight and accountability to the SNB, Switzerland’s central bank. Continue reading »

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Sep 16

- Why Scotland Has All The Leverage, In One Chart (ZeroHedge, Sep 15, 2014):

As Scotland prepares to vote for or against Independence from the Union on Thursday, it appears everyone has an opinion on what may, what should and what will happen. At the basis of every such opinion is some basis in fact, misguided as it may be in most cases, about who has all the leverage, with the dominant one being that Scotland would make a horrendous mistake if it says goodbye to the UK and puts a border around what is currently a third of UK’s landmass.

Some, such as Deutsche Bank, the bank that has the single greatest derivative exposure in the world and is therefore most leveraged to maintaining the status quo, saw its “Chief Economist & Member, Group Executive Committee, Deutsche Bank AG” David Folkerts-Landau personally put pen to paper on Friday and in rambling, demagogic terms, explain why it would be a “Wrong Turn” for Scotland to seek self-determination. Continue reading »

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Sep 16

- Over 1000 US, NATO Troops Begin Military Exercises In Ukraine (ZeroHedge, Sep 16, 2014):

Russia could care less whether Ukraine signs meaningless accession agreements with Europe (as it just did) because at the end of the day, Ukraine needs Russia’s gas (if only for the next 4-6 years until Hunter Biden develops Ukraine’s shale deposits and the Qatar gas pipeline finally crosses Syria). Russia, however, is very angry when NATO gets ever closer to its borders, which it just did when earlier today, more than 1,000 troops from 15 NATO and non-NATO countries, including the US of course, are taking part in a military exercise in Ukraine.

The good news: The “Rapid Trident” exercise is happening near Lviv on the Polish-Ukrainian border, around 1,000 miles from the conflict in east Ukraine.

The bad news: 1,000 miles will hardly be considered enough by the Kremlin which will see this latest incursion by NATO ever closer to its border as another direct threat and a hint of what will happen if Ukraine is allowed to progress on its path of demanding entry into the military alliance.

From EuroNews: Continue reading »

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Sep 16

- UK Hints At Next Reserve Currency, To Issue Chinese Yuan-Denominated Bond (ZeroHedge, Sep 15, 2014):

Yuanification continues around the world. As The USA attempts to corral its allies in a ‘broad coalition’, an increasing number of people – including domestic economic policy advisors – are shifting away from the USD as primary reserve currency. However, the move by British Chancellor of the Exchequer George Osborne, announced Friday, is likely the most notable yet in the world’s de-dollarization. As Xinhua reports, the British government intend to be the first nation (ex-China) to issue Renminbi denominated bond and to use the proceeds to finance the government’s reserves of foreign currency. Osborne described this dialogue outcome as “a historic moment” and a statement of British confidence in the potential of the RMB to become “the main global reserves currency”.

As Xinhua reports, Continue reading »

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Sep 16

- The Two Scariest Charts in the World (Erico Matias Tavares, Sinclair & Co.):

There are plenty of things to worry about these days. A cursory look through today’s (13 Sep 14) drudgereport.com sets the tone: the Pope says WWIII is underway; a senior Democrat accuses the Republicans of endangering civilization; drones are invading the privacy of citizens; militias are blocking traffic in the Mexican border; Feds run a US$589 billion budget deficit; the UK might fall apart; the Ebola epidemic is getting serious in Africa; a mystery virus spreads to NY and CT (and we could not resist adding this one: Hillary Clinton is doing yoga). Continue reading »

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Sep 16

What could possibly go wrong?
mad_max_2_1981



For the best viewing experience, watch the above video in hi-definition (HD) and in expanded screen mode

Debt

“… today the average family of four in America is associated with roughly $735,000 of debt.”

- Debt – Crash Course Chapter 13 (Peak Prosperity, Sep 12, 2014):

There’s just too damn much of it

The fundamental failing of today’s global economy can be summarized simply: Too Much Debt

We have taken too much of it on, too fast, in too many markets around the world, to have any hope of making good on it. Not only does the math not work out, but also on a moral level, we are placing a tremendous obligation on future generations that will unfairly limit the prosperity they can enjoy tomorrow in order to finance our consumption today.

In the US alone, total credit market debt stands at over $57 trillion and is doing its damnedest to continue expanding exponentially. Since simple math shows us that this debt level cannot be supported, the key questions to ask at this stage are:

Will the unsupportable debt disappear via default, or inflation?

And very important: Continue reading »

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Sep 15

H/t reader M.G.:

“Only Japanese producer with show that addressed Fukushima found dead………questions around death abound…..he was the only one with the guts to cover the horrors of Fukushima, the rest of the media is mute…..like the US media.”


“Very Frightening”: Journalist on popular Japan news program found dead — Only person reporting about Fukushima on national TV — Chilling recent quote: “I want you to know I will never commit suicide” — No news coverage of death, no obituary, ‘strange’ nuclear message shown on air (VIDEO) (ENENews, Sep 15, 2014):

Interview with Beverly Findlay Kaneko, evacuee from Yokohama, Japan, Social Uplift, published Sept. 14, 2014: A TV journalist named Mr. Masaki Iwaji, he was the only TV director to work on the Fukushima issue — the humanitarian problems and the corruption involved — and get it on national TV… He was found dead and there are rumors that it was suicide, but there is a lot of speculation that it was not. It is something that I’ve been thinking about quite a lot this week… His program, which is called ‘Hodo Station’, is a nightly news program that’s very popular. I would equate it to ‘60 Minutes’. That program has come under a lot of fire. The main anchor of that program, Mr. [Ichiro] Furutachi — who is extremely popular… it was rumored that he was in danger of losing his job for actually allowing these issues to be covered. Many of us are extremely upset to hear about Mr. Iwaji’s death. It’s very frightening. >> Watch segment here Continue reading »

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Sep 15

From the article:

“We all know that was a massive false flag operation directly benefiting and involving [Israel’s] Mossad,” Kelley told Press TV on Sunday.

“We also know that ISIL is a fabrication, it is a child of the US and Mossad.”


- Saudis acting ‘lapdog role’ for US in 9/11: Former CIA contractor (PressTV, 14, 2014):

Former CIA contractor Steven Kelley says the claim that ISIL came to power by the failure of the US to investigate Saudi Arabia for the 9/11 attacks is “a massive case of denial” and the kingdom is acting the “lapdog role” for Washington. Continue reading »

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Sep 15

Flashback.



Published on Jun 5, 2013

If this doesn’t wake you up, I don’t know what will.

Links to get you started on your research: Continue reading »

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Sep 15

- ISIS’ Next Target: The Suez Canal (Zerohedge, Sep 14, 2014):

Following ISIS blitzkrieg in which it took over nearly half of Iraq and a third of Syria in the blink of an eye, at which point it created its own Islamic State Caliphate resulting in Obama’s own personal war against the jihadists, some have wondered what is ISIS’ next step: surely its leadership will not merely stagnatte as one after another US predator drone bomb away the capital Reqqa until ISIS figurehead leader al-Baghdadi is killed or gravely wounded. To be sure, the one thing ISIS, which stunned the world with the speed of its ascent, can not afford is to stand still.

So what is next on the strategic timeline for the Islamic State?

According to one source, Al Arabiya, which cites Egyptian experts, the answer is none other than the Suez Canal, and the country it is located in: Egypt. Continue reading »

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Sep 15

Russian officials fear regional war may turn into a world war.

Russia
The worry in Moscow is that the Pentagon and Nato will also hit ‘other targets’ in Syria, writes Nekrassov [Reuters]

- Russia: We warned the Yanks about Islamic State (Al Jazeera, Sep 16, 2014):

By Alexander Nekrassov (a former Kremlin and government adviser)

A joke making the rounds among Russian officials and hacks who take a keen interest in what is going on in the Middle East these days goes something like this: How will the Yanks deal with the Islamic State group? They will create “Islamic State 2″, a bigger and better armed group, and let it deal with the original Islamic State group. And what happens when “Islamic State 2″ turns against them as it happened with the original Islamic State? They will create “Islamic State 3″, and so on. Continue reading »

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Sep 15

The Trials and Tribulations of “Abenomics” (Acting-Man, Sep 14, 2014):

We have frequently discussed the nonsensical attempt by Japanese prime minister Shinzo Abe and BoJ governor Haruhiko Kuroda to print and spend Japan back to prosperity. By now it is well known that devaluing the yen has not achieved the desired effect, but rather the opposite. Not only have exports not really received the expected boost, but Japan’s trade and current account surplus have decreased markedly, even posting negative numbers for the first time in decades. Of course, currency debasement never works: it cannot work. This is Keynesian logic and brilliance in all it splendor.

 

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Sep 15

- Expert: Plutonium contamination of Pacific Ocean food chain from Fukushima now suspected; “Real source of potential long term problems for humans” — Newspaper: “Leakage of highly contaminated water into sea must be dealt with immediately” — Gov’t: Effect on health of US public not ‘significant’ (VIDEO) (ENENews, Sep 14, 2014):

The Yomiuri Shimbun, Sept. 11, 2014: TEPCO measures fail to hold water — Three and a half years after the outbreak of the crisis at the Fukushima No. 1 nuclear power plant, efforts to contain water contaminated with radioactive substances at the plant are at a crossroads… [TEPCO] has been unable to curb the growing volume of contaminated water… Yomiuri Shimbun reporters entered the Fukushima No. 1 plant on Monday morning… Ocean still remains vulnerable — Leakage of highly contaminated water into the sea is another problem that must be dealt with immediately… Continue reading »

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Sep 15

russian-response-sanctions-cars

- Russia may restrict import of Western cars, clothes in new sanctions tit-for-tat (RT, Sep 12, 2014):

Imports of Western cars and clothes into Russia could be restricted as part of a second round of “retaliatory” measures prepared in response to the sanctions against Moscow, says presidential aide Andrey Belousov.

There are many sellers of non-agricultural goods in the West who are heavily dependent on the Russian market, the official said. Continue reading »

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Sep 14

Russia-Ukraine-convoy-2

- Russia Sends Second Humanitarian Convoy Into Ukraine, And Nobody Says A Word (ZeroHedge, Sep 13, 2014):

About a month ago, when Russia sent a humanitarian convoy to aid ethnic Russians in east Ukraine, the Western world, and of course media, screamed bloody murder, with everyone from NATO to the Kiev government declaring it, without a shadow of a doubt, an invasion, a Trojan Horse, and a convoy of arms deliveries for the rebels caught in the Ukraine civil war, not necessarily in that order. Nobody thought it could possibly be just that: a convoy of humanitarian aid delivering provisions to hundreds of thousands of civilians caught in the middle of a war. Then finally, after weeks of delays, the convoy was allowed in and after unloading its cargo, promptly returned to Russia without a single incident.

Fast forward to today, when hours ago Russia sent a second humanitarian convoy into east Ukraine, which entered without enter the approval of Kiev or the oversight of the Red Cross and nobody said a word. Continue reading »

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Sep 14

FYI.


- ISIS Beheads British Aid Worker In “Message To Allies Of America” (ZeroHedge, Sep 13, 2014):

Rather disturbingly, ISIS had just announced the execution of another captive:

  • *ISLAMIC STATE RELEASES VIDEO SHOWING BEHEADING OF DAVID HAINES

ISLAMIC STATE RELEASES VIDEO SHOWING BEHEADING OF DAVID HAINES

As Bloomberg reports,

Video is similar to ones in which James Foley, Steve Sotloff were killed, SITE says. Continue reading »

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Sep 14

- Mysterious Men Dropping From Helicopters To Chop Down NorCal Marijuana Grows (CBS, Sep 12, 2014):

ENDOCINO COUNTY (KPIX 5) — There’s been some mysterious activity in the skies over Mendocino County lately. Folks who live there want to know: Who are the armed men dropping out of helicopters to chop down their marijuana grows?

They dress in combat camouflage, some of them hide their faces. This summer, a group of men in Mendocino County loaded into helicopters and flew missions to eradicate marijuana. They’re not police officers. They work for a security company called Lear Asset Management. Continue reading »

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Sep 14

- U.S. Supreme Court Justice: “We Are In that Brave New World, and We Are Capable of Being In that Orwellian World, Too” (Washington’s Blog, Sep 13, 2014):

Top Politicians Warn of Fascism

Current U.S. Supreme Court Justice Sonia Sotomayor said yesterday in reference to spying and drones:

We are in that brave new world, and we are capable of being in that Orwellian world, too.

Two former Supreme Court Justices – Souter and O’Connor – also warned of dictatorship.

So have both Republican and Democratic congress members.

And two top-level NSA officials.

A small handful of players control: Continue reading »

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Sep 14

- US ‘at war’ with ISIS: White House and Pentagon upgrade ‘Al-Qaeda style’ op (RT, Sep 13, 2014):

The US has, for the first time, declared that it is “at war” with the Islamic State. So far top leaders, Barack Obama and John Kerry among them, have been carefully dodging the term after the not-so-successful campaigns in Iraq and Afghanistan.

White House press secretary John Earnest first used the term “war” on Friday, at least three times. “The United States is at war with ISIL in the same way that we are at war with Al-Qaeda and its Al-Qaeda affiliates all around the globe,” he said.

A few minutes later, Pentagon spokesman, Rear Admiral John Kirby, added: “This is not the Iraq war of 2003, but make no mistake, we know we are at war with ISIS, in the same way we are at war and continue to be at war with Al-Qaeda and its affiliates.” Continue reading »

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Sep 14

- Follow the Money; Follow the Oil: How the West Created the Islamic State (CounterPunch, Weekend Edition Sep 12-24, 2014):

Part 1 – OUR TERRORISTS

“This is an organisation that has an apocalyptic, end-of-days strategic vision which will eventually have to be defeated,” Gen Martin Dempsey, chairman of the US Joint Chiefs of Staff, told a Pentagon press conference in August.

Military action is necessary to halt the spread of the ISIS “cancer,” said President Obama. Yesterday he called for expanded airstrikes across Iraq and Syria, and new measures to arm and train Iraqi and Kurdish ground forces.

“The only way to defeat [IS] is to stand firm and to send a very straightforward message,” declared Prime Minister Cameron. “A country like ours will not be cowed by these barbaric killers.” Continue reading »

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Sep 14

scotland-ballot-box

- Scotland: Independence Is Not On The Table (UK Column, Sep 10, 2014):

Today the LibLabCon has joined forces to keep the Union together, they say. Very publicly “abandoning” Prime Ministers Questions in order to give the maximum impression that they actually wish to keep the Union together, all three have flown up to Scotland to campaign for a “NO” vote.

The Three Stooges are playing a clever psychological game. Their intention is clear as evidenced by the constitutional reform agenda – the breakup of the Union. They give the impression that they are fighting for Scotland to stay in the Union in the full knowledge that any right thinking Scotsman or woman will struggle to resist the temptation to punch them on the nose at first sight.  Continue reading »

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Sep 14

- “Moderate” Syrian Rebels Sign Non-Aggression Pact With ISIS; Iraq Defies US (ZEroHedge, Sep 13, 2014):

First it was the ‘broad coalition’ that appeared a little narrower than President Obama explained to the world last week. Today, 2 more crucial aspects of the ‘strategy’ appear to be faltering. Despite the promise of $500 million to train “moderate” Syrian terrorist/rebels to fight ISIS, GlobalPost reports Syrian rebels and jihadists from the Islamic State have agreed a non-aggression pact for the first time. Under the deal, “the two parties will respect a truce until a final solution is found and they promise not to attack each other because they consider the principal enemy to be the Nussayri regime.” Not exactly what Obama and Kerry had in mind. But it is John Kerry’s trip to Iraq that appears to have had blowback already as Reuters reports the newly installed US-friendly PM al-Adadi ordered his air force to halt strikes on civilian areas, “even in those towns controlled by ISIS,” just a day after Kerry’s visit (which left Turkey explaining how it would not support US airstrikes either). So far, so good?!

So, to sum up… Continue reading »

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Sep 14

obama puppet

- America’s Poor Have Never Been Deeper In Debt (ZeroHedge, Sep 13, 2014):

When it comes to the poorest quartile of US society, some 14 million people, any suggestion that US society is deleveraging and setting the stage for pent up releveraging and thus, economic growth, is dead wrong. In fact, as the Fed’s triennial Survey of Consumer Finances, released last week showed, America’s poorest have never been more in debt! Continue reading »

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Sep 14

- High alert in Uganda after terror plot foiled, US issues warning (RT, Sep 13, 2014):

Hotels and public places have been closed in Kampala, Uganda, after local authorities said that they had uncovered a terrorist plot by a Somali militant group. The US embassy warned its nationals to stay indoors as the counter-terrorist action continues.

Ugandan authorities discovered a “terrorist cell” run by Somali militant group Al-Shabaab, a terrorist organization closely connected with Al-Qaeda, in the country’s capital Kampala. The group is believed to have been planning an imminent attack. Continue reading »

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