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?

Wednesday, July 25, 2012

Audit the Fed musters vote in House but appears dead in the Senate

The long standing legacy of Congressman Ron Paul has reached its climax just months before his inteded retirement from the House.  On July 25, Congress voted 327-98 to demand an audit of the U.S. central bank and private Federal Reserve.

However, Senate leaders, many of whom are bought and paid for by the banking industry, immediately condemned the vote, and do not even plan on allowing a floor vote.



Never mind that the Fed audit is dead in the Senate — Majority Leader Harry Reid’s office has said he won’t bring it up.
And Hoyer said no matter how many Democrats are co-sponsors, he still thinks the bill is bad policy — and he’s urging Democrats not to support it.
“Whatever the motivation is, and however broad the sponsorship is, my own view is that it’s bad policy,” Hoyer told reporters on Wednesday. “It will undermine the independence of the Federal Reserve and will, therefore, undermine the competence in the Federal Reserve, which plays a significant role in stabilizing the economy and addressing the creation of jobs.” - Zerohedge

American Poverty: After trillions spent on the war on poverty is it time for trillions more

Lyndon Baines Johnson is the father of the American welfare system.  His Great Society program, which has led to 10's of trillions spent to fight poverty in America, has finally reached its tipping point as new data from July 24 shows that percentage wise, more people are now living in poverty since the 1960's when the great program was implemented.



As world leaders finally begin to admit that we are smack dab in the middle of another Great Depression and the economy stands at the cusp of another earth-shaking collapse of the financial system, the US census reports that nearly 100 million Americans are now classified as living in poverty or are considered “near poor.”
That’s nearly 1/3 of our populace who are living in the worst economic conditions in nearly fifty years.

We haven’t seen these highs since the mid ’60s. That survey indicates the poverty level has grown from 15.1% to as high as 15.7% [since 2010], and it’s spreading at record levels to many socio-economic groups from unemployed workers, suburban families, to the poorest poor.

…More discouraged workers are giving up on the job market and unemployment aid is running out. They found that the suburbs are seeing an increase in poverty…

 Those experts surveyed also predict poverty will remain above the pre-recession level of 12.5% for many more years. - shtfplan.com
With deteriorating currencies, and a potential drive to deflation on the horizon for Americans, all that one can say is, the worst laid plans of mice and bleeding heart politicians.

Republican leadership breaks 2010 campagin promise by saying they will fund Obamacare

Every two to four years, the American people flock from one political party to the next, telling themselves that THIS TIME it will be different.  Well, according to Republican Speaker of the House John Boehner, not only is today not different, but in fact, it is the same.  In an interview on July 24, Boehner said that the Republicans will not allow the government to shut down during the coming debt ceiling debate, and will in fact vote to fund Obamacare.



When asked whether the House Republicans would permit or not permit funding for Obamacare in whatever legislation is enacted to fund the government after Sept. 30--when the current funding legislation runs out--House Speaker John Boehner responded that "our goal would be to make sure the government is funded," thus indicating that House Republicans do plan to fund implementation of Obamacare past Sept. 30. - CNS News

Is it too late for Americans to realize that the Republicans and Democrats are simply two sides of the same coin?  The election of 2012 will eventually bear this out as the people choose between a Marxist (Obama) and Globalist progressive (Romney), to the detriment of what is left of America.

Monday, July 23, 2012

How the Second Amendment would have stopped Colorado shooting massacre

Almost like clockwork, the liberal activists, government agents, and mountpiece journalists immedately called for gun control over the American people after the July 19 shooting massacre in Colorado.  Not too mention, the coincidence of a gun event taking place just days from the U.N. Small Arms Treaty being signed by the United States.

However, just as the city of Kinnesaw, Georgia proves, citizens who carry guns according to their Second Amendment rights, not only deter gun crimes from happening, most very often, stop potential massacres from taking place.



Clint Eastwood?  Nope... just an average senior citizen with a concealed carry and the WILL to use it.


Imagine what would could have been stopped in 1930's Germany if every Jew had a mauser, 20 rounds of ammunition, and the WILL to use it?  Hitler would have been just a footnote in the annals of history.

Pop goes the Treasury bubble

After the bursting of the housing bubble in 2007 and 2008, the Fed began to pump trillions of dollars into the markets to keep the economy out of a depression.  That money went somewhere, and for the most part, it has gone to prop up the insolvent government through the selling of Treasuries.

After 4 years, that glut of treasury buying has reached maximum velocity as yields on these bonds have fallen to their lowest levels in history.


While it seemed somewhat inevitable given the trend, the dismal reality from Europe has sent investors scurrying for the 'safety' of the US Treasuries overnight. The entire yield curve has fallen to all-time record lows with 10Y trading below 1.40% and 30Y below 2.48%. 7Y - the seeming cusp of Twist - is below 90bps now and 2Y below 20bps. The shortest-dated T-Bills still trade around 4-6bps (as opposed to the deeply negative rates in Switzerland and Germany this morning with FX risk premia expectations, and Twist+, affecting this differential). Not a good sign at all - and definitely not yield curve movements on the basis of renewed QE as we see stock futures plunging to the old new reality (as those pushing dividend yields as the 'obvious move here may note that since Friday's highs, you've lost half a year's dividend as equity capital has depreciated 2%). Perhaps the sub-1% 10Y we noted yesterday is not such a crazy idea after all... - Zerohedge


Debt and deflation.  The deathburger of a market menu.

August market preview built on June swoon in economic data

Welcome to July 23, where all hell is breaking loose in the Western economies.  The Euro teeters just above the 120 support level, and the dollar is gaining strength just below 84.  In Spain and Italy, governments have issued short selling bans, which limit the amount of pressure to balance stocks and usually leads to massive selloffs by investors.

But the end of July, and beginning of August forecasts are not created out of thin air, but appear to be built on the dire economic indicators which came during the month of June.


Chart courtesy of Bloomberg

Only 7 out of 23 economic indicators showed positive in June, and this is normally a month with much lower volume in the stock markets.

More than anything, the markets are screaming for recession and deflation.  And Ben Bernanke is nearing the bottom of his bottle of Jack Daniels to stomach the actions the Fed will be forced to do.

The common man's guide to the coming economic collapse

With the financial system and talking heads throwing convoluted terms such as derivatives, risk, austerity at the public in the hopes of making them feel that the economy and markets are beyond their scope of understanding, Future Money Trends has nicely put the entire picture into an easy to follow video that shows what has happened, where we are going, and the end game result of our monetary system.



Economic Collapse is coming... and why it is vital you have the knowledge of what to expect.

Thursday, July 19, 2012

Ron Paul explains what Audit the Fed legislation means for America

The House of Representatives asked Congressman Ron Paul on July 19 to create a short video explaining what Audit the Fed legislation means for America, and to garner public support for the bill.



Here is the video.



Without government or public controls over the central bank which controls our money supply, no American is ever safe in an economic system run by a select few.

Obama track record during first term

As the Chicago machine known as the Obama campaign continues to try to 'kill Romney', the President proves that there is very little in his first term of merit that validates his receiving of a second term.  However, rhetoric and vitriol aside, the best thing to do is let the facts of Obama's promises speak for themselves.


So without further delay, we give you President Obama's greatest moments.




If an sane person failed on so many promises to the American people, they would not be worshiped as a Messiah figure, but instead, run out of town on a rail.

If the U.S. government were a household

Ever wonder what the Federal budget would look like if it were a single family household?  A little bit of math, along with a pinch of common sense shows that not only is our government fiscally irresponsible, but no financial entity on the planet would consider them a valuable credit risk to continue to pour money on.



Lesson # 1:

* U.S. Tax revenue: $2,170,000,000,000
* Fed budget: $3,820,000,000,000
* New debt: $ 1,650,000,000,000
* National debt: $14,271,000,000,000
* Recent budget cuts: $ 38,500,000,000

Let's now remove 8 zeros and pretend it's a household budget:

* Annual family income: $21,700
* Money the family spent: $38,200
* New debt on the credit card: $16,500
* Outstanding balance on the credit card: $142,710
* Total budget cuts so far: $38.50

Even the proverbial drunken sailor would have been thrown out of the bar long before his tab was allowed to get this bad.