The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Thursday, January 17, 2013

Central Banks: Doing the same thing over and over and expecting a different result

Since the inception of central bank controls over the currency of nations, the primary tool used to attempt to create economic growth has been to expand the money supply.  This primary economic theory is known as Keynesianism, and is based on the belief that growth can be created and expanded through central bank and government intervention to artifically create higher GDP.

However, the truth bears out that this has been a failed policy in the long run, and eventually, every fiat currency devalues to the point where the currency collapses, or an economy collapses due to failed confidence in the system.  And yet, even for faux expert economists like Paul Krugman, facts are not powerful enough to dissuade men from failed beliefs and policies, and the result is an economic system that does the same thing over and over, expecting a different result, and bleating for more money infusion when their policies accomplish little.

A new graph shows how detrimental Keynesian theory and central bank money expansion is to creating growth in an economy, and makes the argument that current government polices are being done either to purposefully crash the system, or are run by men and women with mental disasbilities.


This chart proves beyond any discussion that more equals less in relation to money infusion and economic growth.  When a currency devalues from too much in the system, prices may rise, but actual growth will stymie and eventually retrace.  However, the money printers will also be left holding the bag, having to print more and more money to pay interest and debt, since economic growth revenues will shrink accordingly.

Tuesday, January 15, 2013

Economic nuclear bomb: Germany calls for a return of its gold from the Federal Reserve

It is one thing to force inflation and taxation on your own people, as the Federal government and Federal Reserve are doing to the American people in increasing frequency, but it is another to try to export inflation to another country.  In reponse to a new recession, and a growing disbelief in the value of the dollar, public outcry in Germany has reached the point where President Merkel is now calling for the Federal Reserve to return their gold holdings, and repatriate them to the Fatherland.


The result of these actions of course will cause economic markets to react as if hit by a nuclear bomb.  Waning confidence in the dollar as the reserve currency will only increase the tensions between American economic domination and a growing global economy desiring to move away from devalued fiat.  But even more to the point, the long standing rumors that the gold stored in the basement of the NY Fed building, along with any measure of belief in Fort Knox gold holdings, will answer the vital question, and determine if gold prices are to remain stable, or shoot up to stratospheric levels.

Does the Fed actually have the gold reserves of Germany, or will deliveries be simply gold plated tungston?



The primary reason why the Federal Reserve was holding Germany's, and other nations physical gold was due to the 1940's - 90's fear over Soviet expansion, and a stalemated cold war.  Now that Germany is capable of defending its own, and the Soviet Union has evolved into an economic Russian Federation, the need to pay the Fed to store their sovereign gold reserves is no longer necessary.

Last year, Venezuela became the first to call for a repatriation of their gold from New York, and now Germany is the second.  Depending upon the response of this demand for repatriation, and the results of the physical testing of the metal once it is returned, the potential for a rush on the gold being held in the U.S. for other countries may quickly lead into a worldwide frenzy, and a rise in gold prices to multiples of what the price is today.

Monday, January 14, 2013

Ever wonder what hyperinflation looks like?

Most of us have heard the horror stories of hyperinflation through the lens of the Wiemar Republic and the nation of Zimbabwe.  However, distance and time have made these events superficial, and left to the imagination since Americans are far removed from them.



But in the past two years, hyperinflation in the Euro Zone is not only becoming a distinct possibility, and in the instance of Belarus, a fact.  Forget the images of Germans in the 1930's pushing a wheelbarrow of cash just to buy a loaf of bread, and instead watch how it takes a full backpack of cash notes just to get seven packages of beer.



Now, do we in America think this is possible?  Well, our history has once experienced this after the Civil War when the Greenback fiat currency was devalued to nothing, and the government was forced to put paper dollars back on a gold and silver standard.

When it comes, it will not come slowly overtime, but will begin fast, and escalate exponentially.

Thursday, January 10, 2013

China and Japan continue to move dollars into physical gold

While less than 5% of all American own physical gold and silver as an investment, or wealth protection, Asian countries like China and Japan continue to buy the precious metal in large quantities, and look to raise the stakes by putting pension fund deposits to work buying even more.


It is time for the November update, and it's a doozy: at 90.8 tons, this was the second highest gross import number of 2012, double the 47 tons imported in October (which many saw, incorrectly, as an indication of China's waning interest in the yellow metal), and brings the Year to Date total to a massive 720 tons of gold through November. If last year is any indication, the December total will be roughly the same amount, and will bring the total 2012 import amount to over 800 tons, double the 392.6 tons imported in 2011. - Zerohedge

Japanese pension funds, the world’s second-largest pool of retirement assets after the U.S., will more than double their gold holdings in the next two years as the new government pushes for a higher inflation target, according to an adviser to the funds.

Assets held by Japanese pension funds in gold-backed exchange-traded products may expand to 100 billion yen ($1.1 billion) by 2015 from less than 45 billion yen at present, said Itsuo Toshima, who represented the Tokyo office of World Gold Council for 23 years through 2011. - Bloomberg

China has been seeking to fortify their reserves in preparation of a new global reserve currency, and one that may be tied to gold once again.  For Japan, who has been creating new trade partnerships with China and other Asian nations outside the reserve currency, the belief that coming inflation in the U.S. economy may lead to a tremendous winfall should gold escalate to high predictions for the metal.

Tuesday, January 8, 2013

Consumer and household financial outlook for 2013 bleak

The Mayan calendar prophecies are done, the bell of 2012 has struck midnight, and the Kabuki theater of Congress and the fiscal cliff completed its first act.  But for most Americans here in 2013, the debts, fears, and depressionary future is still here, and the outlook going forward has changed little.

In a new census study from Fannie Mae on Jan. 7, a large portion of Americans do not see the coming year as rosy or fruitful, and many see 2013 as being worse than the previous one.

  • The percentage who expect their personal financial situation to get
    worse over the next 12 months continued to rise, reaching 20 percent and
    the highest level since August 2011.

  • Thirty-seven percent reported significantly higher household expenses
    compared to 12 months ago, a 3 percentage point increase over the past
    month and the highest level since December 2011.

  • At 39 percent, the share of respondents who say the economy is on the right track fell by 5 percentage points from last month’s survey high.

  • Twenty-two percent of respondents say their household income is significantly higher than it was 12 months ago, a slight increase over last month and a 5 percentage point increase over September. - Fannie Mae


  • Expectedly, most economists and financial analysts will give opposing views on the state of the economy during the next 12 months, and most will be saying what their own desires lead them to believe.  However, no amount of low paying jobs, and growing food stamp applications will mask the fact that our economic growth has reached its peak in the last few years, and the coming months will be very difficult for many, with few answers coming by those in power.

    NYC: Where you can't buy a large coke but can spend welfare on strippers

    It appears that the financial capital of the world, New York City, is not immune to the ignorance of most of government in understanding where true priorities lie.  While Mayer Bloomberg spends time and taxpayer money going after individuals who want to drink a large coca-cola, he and the rest of the city are turning a blind eye to welfare recipients who are spending even more taxpayer money on booze, strippers, and gay club nights out.

    In a new investigation by the New York Post on Jan. 6, numbers of food stamp and EBT card users were found to have spent their free government money not on food and diapers, but on booze, strippers, bars and even x-rated video shops.


    Welfare recipients took out cash at bars, liquor stores, X-rated video shops, hookah parlors and even strip clubs — where they presumably spent their taxpayer money on lap dances rather than diapers, a Post investigation found.

     A database of 200 million Electronic Benefit Transfer records from January 2011 to July 2012, obtained by The Post through a Freedom of Information request, showed welfare recipients using their EBT cards to make dozens of cash withdrawals at ATMs inside Hank’s Saloon in Brooklyn; the Blue Door Video porn shop in the East Village; The Anchor, a sleek SoHo lounge; the Patriot Saloon in TriBeCa; and Drinks Galore, a liquor distributor in The Bronx.

    The state Office of Temporary and Disability Assistance (OTDA), which oversees the “cash assistance program,” even lists some of these welfare-ready ATMs on its Web site.

    One EBT machine is stationed inside Club Eleven, an infamous Hunts Point jiggle joint known as much for its violent history as its girls in pink thongs. - NY Post via Zerohedge

    As Congress and President Obama continue to fight over saving a few nickels and dimes from a nearly $4 trillion Federal budget, and Mayor Bloomberg decries on national television that the country should pay for Hurricane Sandy cleanup, the bottom line is that when it comes to holding voters, err welfare recipients responsible for their government money, it is much easier to scream class division than it is to enforce fiscal responsibility on those who do not work, and have no inention of doing more than milk the system.

    Thursday, January 3, 2013

    In honor of the 50th anniversary of Dr Who....

    We take a sidebar today and present all the women who traveled with Dr. Who all those 50 years.


    With a little K-9 for added viewing.

    Wednesday, January 2, 2013

    Congress kicks can for six to eight weeks with 11th hour tax bill

    As the stocks markets jump on Jan. 2 in the aftermath of the 11th hour fiscal cliff tax agreement passed by Congress last night, the final consequences will not be seen for at least six to eight weeks when legislators are forced to deal with the debt ceiling, and potential spending cuts.  In fact, the showdown between Congress and the President appears to be looming large as Barack Obama declared there would be no room for negotiation on adding more debt, and Congress appears likely to once again give in without receiving any cuts to the ever-expanding Federal budget.



    This sentiment was validated by CME trader Rick Santelli on CNBC earlier today, and he shows no surprise in Congress's inability to accomplish the task of fiscal responsibility.