Infinite Unknown

- Marc Faber: “Ron Paul Would Be A Very Good President” (ZeroHedge, Feb. 3, 2012):

While Marc Faber shares the usual stock of insightful market commentary, together with timing inflection points, and extended thoughts in the attached Bloomberg TV clip, it is the fact that he has officially joined Bill Gross, and so many others, in supporting the candidacy of Ron Paul as president. It is rather sad that only those who see beyond the surface of the current pyramid scheme facade, are bold enough to endorse the only man who is right for the White House. Fast forward to 15 minutes into the video to hear Marc Faber: “Ron Paul would be a very good president.”

Other recent Ron Paul endorsements:

• Nassim Taleb: “Ron Paul Is The Only One I Trust”
• Bill Gross: “I Am A Little Ron Paulish”
• Jim Rogers: “I Am Jim Rogers And I Support Ron Paul”
• Peter Thiel
• Stephen Colbert

and of course,

• Snoop Dogg

See also:

- L.L. Bean Heiress Supports Ron Paul 2012 (CNN, Jan. 29, 2012)

- Freedom Watch: Ron Paul Poised For An Upset – More SC Senators Come Forward to Endorse Ron Paul For President (Video)

- Freedom Watch With Judge Andrew Napolitano: We The People vs. Mitt Romney – Ron Paul 2012!

- Senator Tom Davis From South Carolina Endorses Ron Paul (Video)

- Gerald Celente Endorses Ron Paul For President – ‘The Entire Economic System Is Collapsing’ – ‘Fascism Has Come To America In Every Form’ (Video – Nov. 29, 2011)

Tags: Economy, Global News, Government, Marc Faber, Politics, Society, U.S.

- Record 1.2 Million People Fall Out Of Labor Force In One Month, Labor Force Participation Rate Tumbles To Fresh 30 Year Low (ZeroHedge, Feb. 3, 2012):

A month ago, we joked when we said that for Obama to get the unemployment rate to negative by election time, all he has to do is to crush the labor force participation rate to about 55%. Looks like the good folks at the BLS heard us: it appears that the people not in the labor force exploded by an unprecedented record 1.2 million. No, that’s not a typo: 1.2 million people dropped out of the labor force in one month! So as the labor force increased from 153.9 million to 154.4 million, the non institutional population increased by 242.3 million meaning, those not in the labor force surged from 86.7 million to 87.9 million. Which means that the civilian labor force tumbled to a fresh 30 year low of 63.7% as the BLS is seriously planning on eliminating nearly half of the available labor pool from the unemployment calculation. As for the quality of jobs, as withholding taxes roll over Year over year, it can only mean that the US is replacing high paying FIRE jobs with low paying construction and manufacturing. So much for the improvement.

Chart below shows it all – that jump is not a fat finger!

And Labor Force Participation:

This is the largest absolute jump in ‘Persons Not In Labor Force’ on record…and biggest percentage jump in 30 years.

Tags: Collapse, Economy, Global News, Government, Politics, Society, U.S., Unemployment

YouTube Added: 02.02.2012

Tags: Economy, Global News, Government, IRS, Politics, Society, Taxes, U.S.

Flashback:

- Former Assistant Secretary of Housing: The U.S. is the Global Leader in Illegal Money Laundering (Video)

- HSBC Laundering Billions? (The Daily Bell, Feb. 3, 2012):

A former employee of one of the world’s largest international banks has provided WND with more than 1,000 pages of documents, including customer account ledgers for dozens of companies through which the financial institution was laundering money each month, according to the whistleblower. “I found many accounts through which hundreds of thousands of dollars were being flowed as a conduit on a monthly basis,” John Cruz, an account relationship manager who worked in the HSBC southern New York region, told WND. − WorldNetDaily

Dominant Social Theme: What a shock! This is perhaps the biggest bank in the world! Where were the regulators? What’s going on? How could this happen? It’s really impossible to believe …

Free-Market Analysis: Jerome Corsi better hire pretty good security. In Georgia, a lawsuit that Corsi has helped promote seems close to knocking US President Barack Obama off the ballot due to questions about his parents and whether he is US “natural born” – and thus eligible to be president.

And now Corsi has apparently helped reveal the underbelly of the Western world’s banking system by exposing “thousands of pages” of documents that, according to Corsi, seem to prove fairly conclusively that HSBC was involved in a massive money laundering scheme that involved people at the very top of the bank.

As of 2011, according to Wikipedia, British-based HSBC was the world’s second-largest banking and financial services group and second-largest public company per a composite measure by Forbes magazine … “In February 2008, HSBC was named the world’s most valuable banking brand by The Banker magazine.”

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Tags: Banking, Crime, Economy, hsabc

You can’t make this stuff up!

- Friday Humor Part Dois – Banco de Portugal “Wink Wink” Edition (ZeroHedge, Feb. 3, 2012):

… the following seminar announcement from the Banco de Portugal, of all places, is truly priceless…

Source: Banco de Portugal

Tags: Banco de Portugal, Banking, Bonds, Debt, Economy, EU, Europe, Global News, Portugal

Tags: China, Construction, Economy, Global News, U.S.

- Washington State Considers Gold and Silver as Legal Tender (The New American, Jan. 31, 2012):

In an effort to protect the property of citizens from the harmful effects of inflation created by the Federal Reserve, lawmakers in Washington State introduced a bill (PDF) over the weekend to declare gold and silver legal tender within the state. Sound-money advocates across the nation immediately praised the effort.

Citing several provisions of the U.S. Constitution and various rulings by the U.S. Supreme Court, the legislation notes that only gold and silver are to be considered legal tender by the states. The bill also blasts the federal government for imposing an unconstitutional monetary system on the states and for unjustly confiscating citizens’ wealth by allowing the Fed to create money.

The legislation seeks to offer the people of Washington an opportunity to use constitutional money instead of the ever-depreciating paper currency issued by the American central bank, lawmakers who sponsored the bill told The New American. However, no one would be forced to accept gold or silver as payment.

Continue reading »

Tags: Constitution, Dollar, Economy, Fed, Federal Reserve, Global News, Gold, Government, Law, Politics, Silver, Society, U.S., Washington

- Gold Challenges Resistance at $1,750/oz – Technicals and Fundamentals Remain Very Positive (Business Insider, Feb. 2, 2012)

- Gold climbs towards 8-week high as stocks rise (Reuters, Feb. 2, 2012)

See also:

- ‘Gold Rush’: China Bought Around 500 Tons Of Gold In 2011 To Diversifiy Its Assets (RT – Video)

Tags: Economy, Global News, Gold, Silver

See also:

- Bill Gates Funds Technology To Cause Instant Male Infertility

- Bill Gates In Global Push To Vaccinate Every Child On The Planet

- Bill Gates Admits Vaccines Are For Depopulation

- Microsoft buys eugenics technology from Merck, becomes drug development partner with top global vaccine manufacturer (Natural News, Feb. 2, 2012):

When you buy Microsoft products, you are now promoting the pharmaceutical industry and its global vaccine agenda. That’s the new reality in which we live, where the world’s largest software company is “in bed” with the world’s largest vaccine pusher.

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Tags: Bill Gates, Drugs, Economy, Eugenics, Global News, Health, Merck, Microsoft, Society, Technology, U.S., Vaccination, Vaccine

In 2011 China bought not less than 490 tons of gold

- Chinese ‘gold rush’: Country diversifying assets (RT, Feb. 1, 2012):

China is the world’s fifth-largest holder of gold and seems to be in the market for more. Analysts believe Beijing snapped up around 500 tons of gold in 2011, double what it bought in 2010.

China does not release official gold trade figures, but the Hong Kong Census and Statistics Department announced last month that in November alone, China imported 102,779Kg of gold from Hong Kong which comes as a significant increase from October’s 86,299Kg.

Experts say in 2011 China bought not less than 490 tons of gold, while the figure for 2010 was only 245 tons. Financial expert Francis Lun told RT that the reason for the Chinese “gold rush” is simple – the country wants to diversify its assets.

Continue reading »

Tags: China, Economy, Global News, Gold, Government, Politics