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?

Friday, April 13, 2012

Food prices continue to be manipulated in speculative and criminal ways

Even as the talking head known as the Bernank continues to lie through his teeth about inflation and rising prices, a solid interview was done on April 13th by The Real News.  Inevitably, you will find that mass speculation and criminal control over food and energy are being paid for by you and other citizens at the market.





Even as commodity brokers keep telling you that commodities are bad investments, they are using the lower prices to buy up all physical assets they can, and making you pay with lower competition and higher prices.

Bix Weir hangs JP Morgan out to dry on silver manipulation

Economic analyst Bix Weir wrote a very informational and evidentially sound piece on how the government and JP Morgan manipulate the silver market to the tune of $Billions per year.  In fact, if regular market forces were allowed to work, the current price of silver on paper could look like $8250 per ounce.



When the computer rigging programs were implemented there needed to be some kind of cover to ensure secrecy and maintain a false confidence in free markets. In 1974 Congress passed the Commodity Futures Trading Commission Act that overhauled the Commodity Exchange Act and created the CFTC as an independent agency with powers greater than those of its predecessor agency, the Commodity Exchange Authority.

From that moment the CFTC has been run by board appointees that showcased a revolving door of Wall Street insiders ensuring that the computer market rigging operations were not interfered with. The only notable exception is Brooksley Born who was fired by President Clinton when she found out the truth about our supposed "free markets" and tried to warn everyone. (see The Warning)

http://www.pbs.org/wgbh/pages/frontline/warning/view/

http://www.investmentrarities.com/ted_butler_comentary09-02-08.shtml

Since this report was published JP Morgan has continued its silver market rigging antics in an effort to get out of this precarious short position. After Butler exposed JPM as the culprit there have been wild orchestrated swings in the price of silver as JPM attempts to cover their massive COMEX short position. The price of silver has risen from $13 to currently over $30 in this time frame and the size of the short position held by JP Morgan has gyrated wildly between 30k and 40k contracts as they desperately try to shake the longs to cover their shorts. But even with this rise in price the short position is STILL around 20k contracts according to the CFTC's latest Bank Participation Report.

Here's where I get to $8,250 per oz for silver.

1) I know silver has not been freely traded in 40 years so today's price if irrelevant.

2) I, like many, estimate there is only about 1B ounces in above ground physical silver for investment purposes.

3) I, like many, estimate there is only 5B ounces of above ground physical gold for investment purposes.

4) If the price of gold is not manipulated, like the banks claim, then the price of silver should be 5x the price of gold due to its supply/demand fundamentals.

CONCLUSION: The price of gold is around $1,650/oz so the true Fair Market Value of Silver should be around 5x the price of gold or $8,250/oz in a FREE market! - Road to Roota.com

Wednesday, April 11, 2012

Tax raising by the government will not increase revenues but only lower GDP

Professor Antony Davies is back, and brings logic and facts to the ongoing debate over tax the rich economics.  In his easily followed video, the economic model in America validates that raising or lowering taxes increases the amount of revenue the government receives only slightly, whether the rich are taxed the current 35%, or the 90% they were stifled with just 60 years ago.


Picture courtesy of Progressive Think.com

However, what does change is economic growth, and the amount of money the worker has to improve their standard of living.  By decreasing overall GDP and growth when you tax corporations and the rich who actually create jobs, the PERCENT of revenues by the government remains the same, while actual revenue itself decreases.  Subsequently, the opposite happens when you lower taxes, as GDP growth creates a larger pie for the government to receive more money.



So you see, the argument that Obama, Buffett, and all other Marxist/Socialist/Progressives make when calling for higher taxes on the rich, is simply a process of class warfare and NOT a means to increase revenues to balance the budget, or lower the deficit.

In the scope of progressivism and marxism, it isn't about raising up people to be equal, but about bringing everyone else equally down.  Equal and poor, not equal and wealthy.

Monday, April 9, 2012

Pension funds dropping as companies unable to pay into retirement accounts

The Financial Time (FT) today came out with a new report on how underfunded business and company pensions are for many workers they have contracts with.  With sales and profit margins falling dramatically during the past 2 years, not only have major companies cut the amount they donate towards these funds, but many small businesses have stopped funding plans altogether.

The shortfall in US labor union pension funds is huge and growing rapidly. The latest data, from 2009, from the PBGC showed that these multi-employer plans were 48% underfunded with $331bn of assets to support $686bn of liabilities - and it has hardly been a good ride for those asset values since then. Critically, as the FT notes today, recent changes by FASB has enabled Credit Suisse to estimate shortfalls more accurately and it paints an ugly picture. - Zerohedge



Data courtesy of FT

To date, the government and corporate world have been able to hold off anger in the public sphere, even as the continuing high unemployment rates have not been addressed since 2008.  However, should the stock markets fall, and pension and retirement accounts continue to drop to dangerous levels, then the reaction by unions and workers expecting this money to survive after their working years will make the Wisconsin union battle seem like a playground shoving match.

Thursday, April 5, 2012

The Ghost of Reagan schools Obama on economics

For a lighter, yet educational look at how former President Reagan would look at the current Socialist in Chief Barack Obama if he were alive today, and his ghost was haunting the White House, we present this video for your viewing pleasure.

Thanks to Conservideo for all their hard work.

Buying Greece: EBAY auction could net you entry into Eurozone

There are two vastly important questions to ask regarding a current EBAY auction running today.  How much could I buy Greece for, and why would anyone want to?  Those questions of course, like how mega million winners will have to deal with a vastly different lifestyle, could be yours for the right bid and you don't even need to be one of the 99%ers to win.

*Disclaimer - Ebay Auction to sell Greece may or may not be valid under international law


Some of the questions the seller answered in response to the auction.


Q: Is it possible to bundle your sale with Iceland? I would consider a package deal!
A: I'm sorry to tell you,but Iceland is in much better condition than Greece.  

Q: I was wondering if you would be able to combine shipping with any future eurozone countries (i.e. Italy) you may have for sale. Also, would the sea between the islands be included or excluded in the package? Thank you for... Continue reading
A: I can arrange a big discount for any future transactions.

Q: Hi. I am very interested. However, I need your assurances that before I bid, you will exclude all corrupt banks, Goldman Sachs cronies, JP Morgan criminals, and the rest of the Draghi / ECB ex-Goldmanite corrupt insider... Continue reading
A: Greece doesn't need any of those to be f****d up :) As you can see, the offer includes our whole parliament! 300 of our finest politicians!

Q:  Hi. Is it possible to deport Zeus before auction ends? To USA for example.
A: I'm afraid of the other god's wrath. They might feel insulted,i cannot take any chance! I hope that you can understand my concerns.

Q: Hi. I would like to have this land mass shipped closer to home here, but there seems to be far too many bits and pieces. Are you able to compact it all together into one single parcel for shipping? I'm sure it'll be... Continue reading
A: Hmmm... You may have a point here my friend. But i'm afraid that they may broke, they are way too fragile in order to pack them one on top of the other. Maybe teleportation can work! ;)


Happy bidding, and may the interest rates be ever in your favor!

Wednesday, April 4, 2012

Man in Greece commits suicide in front of Parliament over debt measures

Greece is now experiencing their own 'Arab Spring', but this one is starting off with a bang... literally.  An elderly man who determined he was at the point of no longer being able to pay off debts and did not wish to scrounge through garbage cans for food as half the population is already doing, shot himself in public, and right in from of the very Parliament building that sold the Greek people for a Euro central bank bailout.


Picture courtesy of Newsbeast.gr

...a 77 year old Greek has killed himself in broad daylight on Athens' symbolic and inappropriately named Syntagma square to protest the "occupier government" and not wanting to be a burden to his child. As Kathimerini reports, "an elderly man committed suicide on Friday morning in Syntagma Square in Athens, in front of Parliament. Some reports said witnesses claimed the man shouted «I don't want to leave debts to my children,» before he shot himself in the head. - Zerohedge

With Americans now at the 45% level of reliance on the government for food, how long until the economic pressures of our high unemployment and growing debt bubbles in cities and in Washington will move the people here to protest in ways that could pale to the Greeks and the Arabs.

Monday, April 2, 2012

Food Stamp usage remains at record levels for Americans on welfare

January brought another month of reports on government welfare and benefits, and while there wasn't a large climb in new claims for food stamps and SNAP programs, usage of this program remains at all-time record levels for Americans.

And while the actual number of recipients declined by a whisper, the number of households actually receiving benefits increased to a new record of 22.2 million. Lastly, the average monthly benefit per household slide to a multi-year low of $277.27. - Zerohedge




Obama mentor Bill Ayers protests in NYC against Capitalism

Contrary to the rhetoric and spin of Obama handlers like David Axlerod, the history of Barack Obama shows that not only was he a friend and neighbor of radical leftist Bill Ayers, but Ayers was a strong mentor for Obama's Marxist policies today.

Over the weekend, Bill Ayers was in NYC protesting against Capitalism, and to prove that nothing has changed with the anti-American radical, he says in this video clip that he "wakes up every morning thinking on how he can end capitalism."




The Obama legacy continues... in the White House and on the streets of America.

Bankruptcy filed for the makers of Pink Slime food additive

Sometimes, there is justice and karma in the wide wide world.  Approximately a week after the mainstream media reported on the intrusion of the food additive known by its slang term 'pink slime' into a large portion of the American food supply, its corporate maker, AFA Foods, is declaring bankruptcy.



In the first of two major bankruptcy stories du jour (the next one coming up shortly), we learn that AFA Foods, best known for being the maker of "pink slime", and a portfolio company of labor unions and Clinton afficionado Ron Burkle and his PE firm Yucaipa, has just filed for bankruptcy. The reason? The sudden public realization what pink slime is, and just how prevalent it is - perhaps it is best to think of it as the Bernie Madoff of the food industry - it was always there, yet it took a wholesale shift in public awareness and consciousness for the firm to realize it would have been prudent to come up with a slightly different name for its ground-beef product. As for whether or not the company is going to the pink sheets, well no. But one thing is certain: the management team is about to get a pink slip. - Zerohedge