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?

Tuesday, October 2, 2012

Americas broken down welfare system where millionaires receive unemployment

One of the biggest complaints about any government run system or agency is the sheer size and ineptitude of their bureaucracies.  From paying rents or leases on unhabited buildings, to propping up failed agencies such as the Department of Education or the Postal Service, government waste costs taxpayers hundreds of billions of dollar per year.

So it probably won't come as much of a surprise that a new report on Oct. 2 from the Congressional Reserch Center shows that in 2009, the Federal government actually paid unemployment benefits to over 2370 households that earned over $1 million dollars.



Just because millionaires are people too, and they too can apparently lose their jobs, we now learn courtesy of the Congressional Research Center, that in 2009, 2,362 Americans making over $1,000,000 in income (and just shy of a million people making over $200,000) collected unemployment benefits. - Zerohedge


Through the last decade, government programs have paid welfare to many different people and agencies that did not need it, and fell outside the intended income levels of the program.  But rather than reform these broken programs that cost the taxpayers $billions, more often than not, Congress enlarges these agencies, and puts good money after bad to keep creating the largest welfare state in the history of the world.

NerdWallet breaks down the history behind the Forbes 400 richest Americans

NerdWallet is a company that provides information and resources for consumers that focuses on customer relationships in the market.  Through their web portal, they strive to invoke new ideas using fundamental principals in investing, finance and economics.

Recently, NerdWallet created an infograph of the Forbes top 400 riches Americans with their related demographics and industries through which they accumulated their fortunes.  With a net worth of $1.7 trillion, these 1%ers invested or built the largest industries which helped grow America to the #1 spot in world economies.

The Forbes Richest AmericansVia: NerdWallet

For more on NerdWallet, their current and past articles on finance and economics, you can go to their website to read and search daily and archival information.

Monday, October 1, 2012

Gold closes in on $1800 on events in Spain and words from Fed President

In early morning trading on Oct. 1, gold and silver both shot up to new 2011 highs on news out of Spain of a potential bailout, and additionally, through the desire for even greater Fed action by Chicago Fed president Charles Evans.



Gold and Silver and surging this morning as the Fed's Charles Evans talks on CNBC of the need for more accomodative policy by the Fed. His 'infiniter' easing seems to have sparked this move as he clarifies the seeming psychopathy of the Federal Reserve's actions. His message clearly is that the amount doesn't matter (nor the unintended consequences), the printing and flooding of money into an already stuffed banking system will continue until morale improves. - Zerohedge

To add more fuel to the fire, Europe came out with new unemployment numbers for the Eurozone, and the jobless have now reached record levels.

The eurozone unemployment figures came in at 11.4% in August. This data was compiled for the 17 nations in the single currency and equals the data of June & July after their figures were revised upwards.

This is the highest since they began recording the eurozone jobless claims in 1995. In a region with such diverse economies Germany remains at 5.5%, while debt beleaguered Spain is at 25.1%.

This clearly shows that the economic crisis in Europe is far from over and certainly cast doubts that the ECB bond purchase plan can resurrect the economy. The ECB is targeting the economy to contract again at -0.40% down from an earlier forecast of -0.10%.

Factory output has shrunk for 14 consecutive months and businesses must continue to trim the fat of their organizations during these recessionary times.

The report showed that 18.2 million people were jobless in September; this is an increase of 34,000 people versus the previous month. - Goldcore via Zerohedge

The Western economies are cracking, with recessionary numbers in durable good sales, and GDP numbers.  Unfortunately, the FED's recent action of open ended QE is not doing much to stave off collapse in Europe, and inflation in the US is already showing signs of exploding with gas prices over $4 a gallon in many state regions.

The American system of the petro dollar is ripe for collapse

A few weeks ago, the Daily Economist wrote a piece on another website of the game changing revelation in China where they will now be bypassing the dollar in oil transactions, and allowing all countries around the world to buy and sell oil in a currency other than the dollar.  This sea change is an attack on US hegemoney over the reserve currency, and the currency known as oil, and would be the primary catalyst in destroying the economy without firing a shot.

Dollar no longer primary oil currency as China begins to sell oil using Yuan

http://www.examiner.com/article/dollar-no-longer-primary-oil-currency-as-china-begins-to-sell-oil-using-yuan

In fact, world renowned commodities trade Jim Sinclair expanded upon this move, and said that the ultimate goal was a bypassing of the SWIFT system, which is used globally for all transactions between currencies.



What this article really said, if you have the eyes to see it, is that China has a system in place to offset the effect of being shut out of the SWIFT system, the economic nuclear weapon of the West. That proves that the premature threat and use of the SWIFT system against Iran will have rendered this economic weapon useless in the future. The mistake the West made prematurely using the economic weapon, the SWIFT system, will come back to haunt the West as extremely expensive. Had this not been used prematurely, it could have shut down major nation’s economic processes by electronically deleting the enemy from the SWIFT system. Therefore the taking and making of settlement on international transaction would have fallen back on only the gold a nation had. Everyone had gotten lazy so both enemies and friends were settling international transactions on SWIFT. History will see this as the mistake of the century. Now all opposed to each other have or are developing their own electronic payment system free of SWIFT. - Jim Sinclair

Now, the Republic of Texas TV has created a video explaining the history of the petro dollar, and what it would mean to all Americans if the global economy suddenly rejected the dollar as the reserve currency.



China, along with Russia has already made the first moves, and pandoras box has been opened.  What we choose to do to hedge the coming changes is all about the understanding of sound money and assets, and what both gold and silver (physical) mean about wealth protection.

Friday, September 28, 2012

The war on bacon

To many, bacon is not just a great tasting meat, it is almost a religion.  Bacon has been used as a theme in several movies such as Grumpy Old Men, and in the state of Delaware, there is even a political movement known as the Bacon Party.

However, bacon, along with nearly every other pork product, is under attack as the severe drought of 2012 is forcing many pig growers in the U.S. and in Europe to kill and cull their herds to save what they can, and drive up prices to pay for the increasing costs of corn feed.



The droughts that ravaged crops across North American and Russia have had a huge impact on the food supply, livestock and farmers but now it may be time to hit the “panic” button - one pig group is predicting a BACON SHORTAGE.

“A world shortage of pork and bacon next year is now unavoidable,” the National Pig Association in the UK said this week. - CNBC via Today Show


U.S. hog farmers are slaughtering animals at the fastest pace since 2009 as a surge in feed costs spurs the biggest losses in 14 years, signaling smaller herds next year and a rebound in pork prices.

The 73.3 million hogs processed in eight months through August were the most in three years, U.S. Department of Agriculture data show. Pork supply will drop to the lowest per-capita since 1975 next year, the USDA estimates. Hog futures that fell more than any other commodity since June 30 may surge 39 percent in 12 months to as high as $1.055 a pound, based on the median of 12 analyst forecasts compiled by Bloomberg. - Futures.com



Visit NBCNews.com for breaking news, world news, and news about the economy

Are bank cyber attacks coming from Iran, or are they false flags?

In recent days, several U.S. banks have had their internet presence brought down due to hackers, and other cyber attacks.  In the past two weeks alone, 20 banks, including PNC Bank on Sept. 27, were brought offline by different hacking groups, one calling itself the Cyber Fighters of Izz ad-din Al Qassam.

But are all of these attacks actually coming from Iran, and Middle Eastern cyber hackers, or are the attacks simply a false flag on the American people to try to justify a war on Iran?  There are two schools of thought on this, coming from several different sources.



The reported news story:

PNC is the latest large U.S. bank targeted for a cyber attack, apparently by a group that says it is lashing out in retaliation for the anti-Muslim video that has led to protests and violence this month.

Today's incident follows similar attacks this week on Wells Fargo, U.S. Bank and KeyCorp.  Last week, Chase, Bank of America and Citi were targeted. All are among the 20 largest U.S. banks. The group that claims responsibility said PNC would be next. The attacks generally last a day or two. - Cleveland.com

And the False Flag opinion:
Senator and self-proclaimed Zionist Joseph Lieberman declared that it was Iran who cyber-attacked Bank of America and JPMorgan Chase in 2011 and began with more frequency this year. Lieberman, as the chairman of the Homeland Security and Government Affairs Committee states that the financial attack was spurned from the state-sponsored anti-Muslim film circulating the Middle East thanks to CIA-operatives al-Qaeda.

Lieberman explains: “I don’t believe these were just hackers. I believe this was done by Iran and the Qods force, which has its own developing cyber-attack capacity. And I believe it was in response to the increasingly strong economic sanctions that the United States and our European allies have put on Iranian financial institutions.”

The timing of the newly formed “digital al-Qaeda” and their expressed anger over the US-produced anti-Muslim film are questionable considering how the US and Israeli government are setting the stage for a justified war with Iran. This fake hacker group is threatening other countries controlled by the Zionist regime, such as France, Germany and Britain. According to the false flag group: “The army was recently formed and we have started to work as a team after we used to work individually. The hacking operations are of course a response to the offence against the prophet, peace and blessing be upon him.” - Occupy Corporatism

In both cases, the attacks appear too coincidental and coincide with the escalation of rhetoric by Iran, Israel, and the United States in regards to war in the Middle East, and a growing concern over the accelerating fall of Western economies.  Even after the Federal Resrves move to monetize the bond markets, and print new liquidity into the banking systems, economic indicators are leading to massive unrest in Europe, and growing price inflation in America.

Like in 1939, the U.S. and Europe need a new global war to try to halt the growing unrest and dire economic conditions that central banks and government officials cannot stop.  War is the last bastion of the ignorant in politics, and like the Lusitania, the Maine, Pearl Harbor, and Gulf of Tonkin, the U.S. has a great track record of using false flag events to lie to the American public of the need to engage in a new foreign war.

Tuesday, September 25, 2012

Banking cartels once again massively short silver to bring down price

It is well known that JP Morgan, and others in the banking cabal that own politicians and regulators, are desperate to keep down the price of gold and silver, even as they devalue the dollar at soon to be hyper-inflationary rates.  With some reports showing the banks are short more than 100 times the amount of physical silver available on the planet, the only way to keep solvent should the price rise is to short the markets in vast quantities.

This is just exactly what happend on the evening of Sept. 24, when at the open of Asian markets, and international metals trading, entities in the banking industry shorted more than half the entire U.S. annual production to try to bring down silver to below $35 an ounce.


Chart courtesy of Silver Doctors

Apparently Blythe’s monkey’s are burning the Sunday midnight oil in order to prevent silver clearing $36 and triggering JPM’s rumored silver derivative losses.

A miniature replica of the May 2nd, 2011 drive by shooting was just completed, as silver was knocked down the proverbial mine-shaft moments ago, dropping nearly a dollar in nano-seconds on Monday’s Asian open.

Volume data indicates that 3,297 contracts, or 16.5 million paper ounces of silver were dumped on the market in a mere 5 minutes between 9:00 and 9:05pm EST.

 In other words, approximately 1/2 of the entire US annual silver production was dumped on the market by the cartel in a 5 minute period on a Sunday night. -
Silver Doctors

In this short amount of time, silver fell back below $34 an ounce.  However, within two days now, the price is creeping back up towards the $35 mark, and all that transpired was a two day reprieve for a corrupt bank which simply added much more debt to answer for in the near future.

2012 elections will feature the results of the dumbing down of America

As each subsequent generation has moved further away from real activism in their government, and holding their politicians accountable for their actions, the 2012 elections will be the first true case of an America that has dumbed itself down to the point where many do not even know what color each candidate is.

In a sad, but not so shocking man on the street interview, hosted by the Howard Stern Show, voters in Harlem exacerbate the extent by which many Americans are not only apathetic to politics, but how completely illiterate many are when it comes to even the basic understanding of those who do, and would, rule our nation.







All one has to realize is that the dumbing down is not relegated to Harlem, or the more than 50% illiterate in the city of Detroit.  No, it's easy to see where the priorities of Americans are when you look at the lines of people waiting more than two days in the elements to buy a new iPhone they don't really need.

Friday, September 21, 2012

Americans are simply lab rats in the great Fed experiment

On Sept. 20, well known and well respected economist Jim Grant spoke in an interview on the ramifications of the Fed's new QE4evr policy.  In his assessment, Americans, as well as our economy, are simply lab rats in a great experiement by the Fed, to try to learn how things work, and in particular, how their Keynsian money printing actions effect everything.




...so too does Grant believe that the Fed is "learning by doing" and follows up by clarifying that this is an experiment, "and we are lab rats in the financial markets." He then proceeds to lament that the credit markets, clueless NYT econopundits notwithstanding, have now lost all informational value as every rate instrument is purely in the manipulated domain of the Fed. "We are all living in a land of speculation and manipulation" - Zerohedge


Thursday, September 20, 2012

Republicans create political stunt by passing their own Buffett Rule tax scheme

On Sept. 20, the Republican led House of Representatives passed what was in essence a political stunt, by countering President Obama's 'tax the rich' debate with their own Buffett Rule legislation.  In the House bill, rich people like Warren Buffett, who have publically stated that the rich, including themselves, do not pay enough in taxes, could voluntarily give more money to the Federal government to help offset the deficit.

Photo courtesy of United Liberty.org
The House on Wednesday passed Republicans' own version of the Buffett Rule, which allows wealthy Americans to voluntarily pony up to reduce the deficit.

The bill, labeled the Buffett Rule Act, passed by voice vote, meaning Democrats and Republicans agreed with it. Under the legislation, which would still need Senate approval, taxpayers could check a box on their taxes and send in a check for more than they owe to the IRS.

"If Warren Buffett and others like him truly feel they're not paying enough in taxes, they can use the Buffett Rule Act to put their money where their mouth is and voluntarily send in more to pay down the national debt, rather than changing the entire tax code to inflict more job-killing tax hikes on hard-working Americans," said Rep. Steve Scalise, the Louisiana Republican who wrote the bill. - Washington Times

The ironic thing however, and why this is more of a political stunt by Republicans during an election year, is that people already have the choice to give more in tax revenues to the government, through voluntary means, or by limiting deductions they could legally take on their returns.

At the core of the division between the rich and the 99%ers, is that many of the rich and powerful want the tax code to keep out new Americans from entering their segregated domain, thus limiting the elite club that runs the country from the back rooms and corporations.  For the poor, and those 50%  who are dependant upon government handouts for their daily subsistance, the gibsmedat mentality will always overshadow the drive to work smarter and harder, and to use the system millions of others have used in our history to accumulate wealth, and better their lots in life.