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, August 17, 2012

Gibsmedat update: Food stamp user cuts retailer for not selling him alcohol with EBT card

The Daily Economist is starting a new periodical called the Gibsmedat update.  The first update, concerns a food stamp recipient who slashed a retailer in New York City with a knife because the cashier would not sell him alcohol using his EBT card.

Official Gibsmedat Currency
A drunken man reportedly slashed a Brooklyn clerk’s face after being told he couldn’t use food stamps to buy a bottle of beer.

“Sell it to me,” the suspect told Ali. “Don’t get me mad.”

The suspect was described as a black man between the ages of 25 and 30 with short black hair and brown eyes. He was last seen wearing black jeans and a white T-shirt. -
Fox News


History shows that people do not respect what they don't earn, and as time has passed, food stamp usage has gone from a few needy Americans in poverty, to now over 46 million.  It is no longer a stigma, but the mainstream, and as such, the respect for welfare benefits has moved into the realm of gibsmedat.

Obama administration gives $100 million to states to keep them from laying off workers

Besides fudging the books when it comes to reporting the actual unemploymnet numbers, the next best thing appears to be subsidizing agencies to keep them from laying off workers.  This is exactly what the Obama administration is doing through the Labor Department when on Aug. 15, $100 million is being given to states around the country to keep local governments from letting go of workers they can't afford due to diminishing tax revenues.


The Labor Department announced on Monday that it will be awarding almost $100 million in grant funding to states to prevent layoffs by allowing businesses to pay employees as part-time workers and the federal government will pick up the tab for the cost of a full-time paycheck. - CNSNews

The irony of course is that after trillions of dollars in taxpayer stimulus, and low interest rates to banks who won't lend to small businesses, the government is relegated to printing money to give to the states to keep the unemployment rates from rising before an election cycle.

Thursday, August 16, 2012

Biden u can no haz dis cupcake

The progressives, liberals, and otherwise mentally disturbed activists in America should know by now that there are very few sacred cows open for them to attack.  Two weeks ago, the groups tied to support of gay marriage attempted to excoriate Chick-Fil-A with a boycott, only to have the Christian based restaurant chain receive record revenues for the month, and even get a liberal executive fired.

So it should not come as a shock when a small quaint bakery in the state of Virginia told Vice President Biden's campaign staff that he had no interest in appearing in a campaign stop.  In fact, the young family owners of Crumb and Get It said that they decline the VP's invitation since the administration believes that he didn't build his business, the government did.





Sorry Biden, but it looks like REAL AMERICA says u can haz no cupcakes, and even more, rejects your notion that anyone wants to put other Americans back into chains.

On a lasting note, the Secret Service came in later, and actually gave the owners a Kudo for rejecting the Biden propaganda attempt, and even bought some tasty snacks in honor of it.

Like Chick-Fil-A, perhaps Americans across the country could support this small business by ordering something to share with friends and family.

Jon Corzine: Steal a hundred dollars go to prison, steal $1 billion and you get a hedge fund

In a continuation of our storyline regarding why Americans and investors should get completely out of the financial markets, news today broke that the CEO of MF Global is mulling over creating a hedge fund, just months after stealing over $1 billion of his customers money.


In what should be the biggst non-news of the day, the NYT is reporting that not only will Jon Corzine not face any criminal prosecution for vaporizing hundreds of millions in client money (which subsequently condensed in the JPM middle office), but will in fact be launching ... wait for it... a hedge fund. "A criminal investigation into the collapse of the brokerage firm MF Global and the disappearance of about $1 billion in customer money is now heading into its final stage without charges expected against any top executives. - Zerohedge

Corzine, once head of Goldman Sachs, Governor of bankrupt New Jersey, CEO of MF Global, and campaign promoter of President Barack Obama, is taking his theft and fraudulent roadshow to its next stop.

We sincerely hope no one with half a brain will even think of investing money in this potential ponzi scheme for the should be incarcerated.

The days of trading in the stock and financial markets are over

In the past year, and carrying over from the taxpayer bailouts of banks and industries such as GM, the amount of fraud and manipulation in every financial market is immense.  No longer do the investor nor American people have protection by government agencies against market fraud, but in many instances, the federal government sides with the criminals to the detriment of the investor.



LIBOR, Bernie Madoff, MF Global, Peregrine Financial, zero-percent interest rates, the Social Security and Medicare entitlement funds, many state and municipal pension funds, mark-to-model asset values, quote stuffing and high frequency trading (HFT), and debt-based money?
The answer is that every single thing in that list is an example of market rigging, fraud, or both.
How are we supposed to make decisions in today’s rigged and often fraudulent market environment? Where should you put your money if you don’t know where the risks lie? How does one control risk when control fraud runs rampant? - Chris Martensen via Zerohedge

Knight Capital recently lost investors millions of dollars due to running a flawed computer algorithm used to skip trades and commissions for and against traders.  The Fed pumps money into stock markets skewing fundamentals so that investors have no idea of the true worth of a company.  ZIRP keep interest rates so low that it is no longer worth buying a CD, money market, or T-bill.

The wild west known as the global financial markets are not only broken, but controlled and manipulated so much, that only insiders have any ability to make a profit on the fraud and manipulation.  For the common man, the American who simply wants to ensure his dollar today is worth a dollar tomorrow, the real money, gold and silver in physical forms, is the only playing field that one can hold in their hands while the paper goes up in flames.

Wednesday, August 15, 2012

Obama administration program to legalize alien workers begins today

President Obama's plan to allow illegal aliens the right to work in the U.S. begins implementation on Aug. 15th.  1.7 million new legal workers will be entering the workforce at a time when the unemployment rate is well over 16%, and median wages have been dropping for more than a decade.


"This afternoon, USCIS makes available online the forms and instructions for individuals who will request deferred action for childhood arrivals," USCIS Director Alejandro Mayorkas told reporters in a conference call.

The program, dubbed Consideration of Deferred Action for Childhood Arrivals, was created in June under an executive order signed by President Barack Obama.
"Deferred action does not provide lawful status or a pathway to permanent residence or citizenship," Mayorkas said Tuesday.

The $465 application fee will fund the administrative costs of the program, including a biometric check and issuance of a secure work-authorization document, he said.

Each request will be examined for possible fraud, he said.
The forms and instructions are posted at www.uscis.gov/childhoodarrivals.

As many as 1.7 million youths may qualify for the program, according to the Pew Hispanic Center, a project of the Pew Research Center. - CNN, InAmerica

Whether or not this ploy to cast aside Federal law regaring illegal aliens is a means to garner votes in November is moot for most Americans.  However, the soon to be realized fact that unemployment, costs to states for education, healthcare, welfare, and others costs will lead to much more division between legal Americans trying to have a sustainable life, and undocumented foreigners from another country who do not feel fighting for change in their own homeland is worth the cost.

China and Soros accumulate gold while the masses focus on failed stock markets

Goldman Sachs has achieved a dubious reputation for telling their customers (muppets) to buy one thing, while at the same time, selling it with their own money.  This duplicitous investing scheme is the cornerstone of the investment banking system, and in complete opposition to what big money is doing.

To know what the successful investors and countries are doing amidst the babbling rhetoric of CNBC talking heads and so many so-called experts, all one has to do is look towards the East, and to the holdings of one George Soros for future direction.  Both of these entities are buying gold, even as businesses news sources continue to downplay the precious metal known as real money to prop up the dying dollar and U.S. economic system.


An important positive development for the gold market is billionaire financiers George Soros and John Paulson have again increased their allocations to gold as seen in the latest SEC filings.
George Soros more than doubled his shares in the SPDR gold trust ETF.

He increased his position in SPDR Gold to $137.3 million in the second quarter from $52 million previously. SEC filing for the second quarter showed Soros Fund Management more than doubled its investment in the SPDR Gold Trust from 319,550 shares to 884,400 shares at the end of June.
In September 2010 (see chart), Soros called gold "the ultimate bubble" and largely dumped his stake in the ETF before gold recorded annual gains in 2010 and 2011 and rose to a nominal high of $1,920.30 per ounce in September.

There was speculation at the time that he may have sold the SPDR trust in order to own far safer allocated gold bars.

Another billionaire investor respected for his financial acumen is John Paulson and Paulson & Co increased its holdings by 26% by purchasing an additional 4.53 million shares of the SPDR Gold Trust to bring entire holding to 21.8 million shares. - Goldcore

All The World's Gold
From: Number Sleuth

The life cycle of any currency in the history of mankind is around 40 years.  We are now into the 41st year of the complete fiat back dollar, and the world is preparing for its eventual demise.  China, the BRIC nations, and Russia are all creating trade agreements in currencies other than the dollar.  In fact, the primary reason for the U.S. intervening in Libya and Iran was their move away from the petro dollar and U.S. hegomony.

Car company known for battery fires hires new CEO from company known for battery fires

It appears that in the world of alternative energy automobiles, leadership over the new and volatile technology is nothing more than a shell game.  On Aug 12, the Fisker automobile company, known recently for their car batteries catching fire, has hired a new CEO, who has his own track record of running a car company known for their car batteries catching on fire.

"Fisker Automotive named the former head of General Motors Co's (GM.N) Chevrolet Volt program as chief executive on Tuesday, marking the second time the troubled, government-funded start-up has replaced its top executive this year. Tony Posawatz, who oversaw the development of the Chevy Volt plug-in hybrid for six years before he left GM this summer, will replace outgoing CEO Tom LaSorda. - Reuters

The Federal government is not the only institution where the blind leads the blind.  Corporate America is full of faulty paradigms and 19th century thinking that has quickly lead to stagnation and loss of economic superiority in the world.

One must remember how far we have digressed.  America put a man on the moon using little more than a slide rule.  Today, we cannot build a working electric car battery with super computers and billions of dollars of taxpayer money.

Tuesday, August 14, 2012

Euthanasia proponents salivating at Obamacare's sterilization programs

Last week, John Galt FLA provided American a keen insight to one provision under Obamacare which would allow the government the authority and power to tell you what you can or cannot eat.  During his hour long show on the Voice of Galt on the Just Measures Radio Network, Galt laid out the nefarious portion in section 2717 that had to do with Penalties should a bureaucratic panel deem a patient not falling within their determined parameters.


These additional regulations, and the projection for tens of thousands more, are the crux behind the general standing provisions in section 2717 of Obamacare, which give the Federal government, and its assigned authorities, the power to force individuals to adapt a lifestyle and diet they believe is appropriate for you.

Section 2717 is titled, Ensuring the Quality of Care, and allows for its provisions under this section to begin two years after the bill became law. This means that starting in 2013, the Federal government, or their appointed agencies, can begin implementing the following policies and penalties. - Examiner

But Obamacare goes well beyond simply forcing Americans to eat and consume what the government deems applicable for you.  In another provision of the monstrous bill, mandates will now allow children to receive sterilization treatments without the consent of their parents.

Thanks to an Obamacare regulation that took effect on Aug. 1, health care plans in Oregon will now be required to provide free sterilizations to 15- year-old girls even if the parents of those girls do not consent to the procedure.

Health and Human Services Secretary Kathleen Sebelius finalized the regulation earlier this year.

Thus, the regulation issued by the Health Resources and Services Administration said: "Non-grandfathered plans and issuers are required to provide coverage without cost-sharing consistent with these guidelines in the first plan year (in the individual market, policy year) that begins on or after August 1, 2012. ... All Food and Drug Administration approved contraceptive methods, sterilization procedures, and patient education and counseling for all women with reproductive capacity." - CNS News
Death panels, forced dietary regimens, and now, sterilization.  Is it that hard to believe that these provisions are more about population control and euthanasia than it is about health and cost cutting?  Health and Human Services Secratary has this to say.

“The reduction in the number of pregnancies compensates for the cost of contraception,”

President Obama intimates First Lady should get paid for office duties

It is bad enough when the American people have shelled out millions of dollars for the office staff for the first lady, but now President Obama thinks that his wife should be paid a salary for the traditionally ceremonial title and office.


President Obama thinks his wife should be paid for the privilege of serving as first lady. Speaking at a campaign event in Denver on Wednesday, Mr. Obama invoked Mrs. Obama’s plight to make a point about equal pay for equal work. “I want to make sure that when she’s working, she is getting paid the same as men,” he said. “I’ve got to say, first ladies right now don’t, even though that’s a tough job.” Poor Michelle, we feel her pain. - Washington Times

As this would be the first time a President has ever suggested that taxpayers pay his wife for living off the taxpayer dole, you have to ask the question.  Is this a Chicago thing, or is it an example of the liberal welfare mentality?

Gibsmedat!