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?

Sunday, August 18, 2013

As the West continues to print money, Russia quietly became the largest economy in Europe

Real economics is not about debt and money printing, but about tangible resources, production, and growth.  And while the West continues to rely up central bank easing to keep their financial systems from collapsing, Russia has quietly moved into the 5th spot in global GDP, and became the largest economy in Europe, even surpassing Germany.


Read more on this article here...

Friday, August 16, 2013

Economist Jim Willie calls for Bernanke's P.H.D. to be stripped for disproven doctoral thesis

Jim Willie: Bernanke should have his thesis and P.H.D. stripped

On Aug. 13, economist Jim Willie was a guest on the Trunews radio program.  During the hour long interview, Dr. Willie stated that Fed Chairman Ben Bernanke, who made his bones writing a doctoral thesis on how the central bank could have staved off the Great Depression through the pumping of massive liquidity into the system, should have both his thesis and P.H.D. stripped since his own polices as the head of the Federal Reserve have disproved his own paper.
Read more on this article here...

Thursday, August 15, 2013

Could China be making a move to put pressure on the dollar through interest rates?

Interest rates beginning to rise as China and Japan dump Treasuries

From the beginning of May through to the end of June, interest rates soared 100 basis points to their highest level in two years.  The catalyst for this appears to be coming from Asia, as China and Japan sold off $40 billion worth of their reserves at the exact same time interest rates shot up.
 
In fact, on Aug. 15, the 10-year Treasury bond yield rose to over 2.75, which is the highest it has been in two years.
Read more on this article here...

Wednesday, August 14, 2013

Bad year for Bloomberg as court declares ‘stop and frisk’ policy unconstitutional

First it was his attempted ban on soda pop that got shot down by the courts, and now on Aug. 12, Mayor Bloomberg received his next piece of bad news as a New York district court declared the city’s ‘stop and frisk’ policy not just discriminatory, but unconstitutional.
Maybe he has hope for his attempts at gun banning in other states… uh not there either.

Read more on this article here...
 

New York Subpoenas BITCOIN operators After Judge declares Digital Currency real money

On Aug. 13, the state of New York’s Regulatory office issued subpoenas to every major Bitcoin operator just days after a Federal judge declared that the digital currency was in fact, real money.  In a statement today from NYSDFS’s superintendent Benjamin Lawsky, the regulator confirmed that the government no longer recognizes Bitcoin as a parallel to a barter currency, and that it must now follow national and international regulatory laws as any other globally recognized currency does.


Read more on this article here...

Tuesday, August 6, 2013

Inflation: Nearly half of Americans make less today than in 1968

If you were to dollar cost average the wages Americans earned from 1968 to the present, adjusting for inflation and the Federal Reserve's devaluation of the dollar in that time, you would find that nearly 40% of all Americans who earn a minimum wage or less in 2013, earn much less than someone who made a minimum wage income 45 years ago.



Back in 1968, the minimum wage in the United States was $1.60 an hour.  That sounds very small, but after you account for inflation a very different picture emerges.  Using the inflation calculator that the Bureau of Labor Statistics provides, $1.60 in 1968 is equivalent to $10.74 today. 

And of course the official government inflation numbers have been heavily manipulated to make inflation look much lower than it actually is, so the number for today should actually be substantially higher than $10.74, but for purposes of this article we will use $10.74.  If you were to work a full-time job at $10.74 an hour for a full year (with two weeks off for vacation), you would make about $21,480 for the year. 

That isn't a lot of money, but according to the Social Security Administration, 40.28% of all workers make less than $20,000 a year in America today. - Economic Collapse Blog

So if you wondered why 4 out of 5 Americans now live in poverty, are jobless, or receive some form of welfare assistance, all you have to do is look at the Federal Reserve and Federal government, and realize that all problems in our economic lives lay at the feet of these two entities.

Friday, August 2, 2013

How to become wealthier at the press of a button

Like prior Presidential administrations, growing pressure on Barack Obama forced the Commander in Chief to change the data modeling of how GDP was determined, and to make it look like the economy was improving well above its actual levels.  In fact, the data stream that was changed in the GDP model was...

How much money you (American people) make as income!

Because of these new changes to the GDP formula, and not the actual real jobs and production data, America suddenly became $300 billion richer, and accordingly, the stock markets responded by reaching new all-time highs.



We are delighted to advise Americans everywhere that you are all now making some $300 billion more than you were before the 8:30 AM revision. At least that's what the Bureau of Economic Analysis says: according to the quarterly revision, the revized annualized Disposable Personal Income is really some $300 billion higher compared to the pre-revision number. You are all richer!

What's that? You don't feel a dollar richer compared to this morning? That's irrelevant: everyone is now making about 2.4% more. A revised number in an Excel spreadsheet on a government computer said so, so it must be true. - Zerohedge

America!  Time to go out and feel richer even if you aren't actually richer.  Your government has printed you more income, out of thin air!

As a reality check however, the REAL reason the government made these formula changes was so that THEY could borrow more money, and artificially lower the debt to GDP ratio that was nearing an all-time record of 110%.

Thursday, July 25, 2013

Leading CEO of a home builder says rising rates are causing home buying decline

On July 25, the CEO of D.R. Horton addressed shareholders in an earnings conference call, and said explicitly that rising interest rates are draining the market of home buyers, and that the rapid rate rise is an unexpected shock to the industry.



  • *HOMEBUYERS 'SHOCKED AND DISTURBED' BY RATE JUMP, TOMNITZ SAYS
  • *D.R. HORTON CEO SAYS 'DISAPPOINTED' RATES ROSE SO 'VIOLENTLY'
  • *D.R. HORTON CEO SAYS TRAFFIC COUNT HAS SLOWED SINCE RATE RISE - Zerohedge

  • Rising interest rates is the biggest fear the Federal Reserve has had since their implementation of quantitative easing, and six years after bringing Fed rates down to almost 0, the market is now breaking upwards on its own. This uncontrolled rise in rates means that central bank polices have crossed over the technical line, where priming the monetary pump no longer provides the shelter against inflation and currency devaluation.

    Since the Housing Bubble and credit crisis of 2007/2008, the Fed has been primarily seeking to rebuild the housing and stock markets, under the illusion that wealth gained there would trickle down into all parts of the economy.  Unfortunately, when you use old tools and programs for new crises, the end result is what we have seen over the past six years... a temporary Band-Aid to stem a flood that is not only virulent, but has grown much worse because of the Doctors proscribed medicine.

    Tuesday, July 23, 2013

    Rising home prices coming from flippers not first time buyers

    In certain parts of the country, home prices are rising as the country digests trickle down portions of the $Trillion's in money printing coming out of the Fed's QE program.  However, a closer look at who is and who isn't buying houses shows that the majority of home buyers are hedge funds and flippers, and not the average American family or first time home buyer.


    There was a time when the US housing market was not "driven" by hedge funds armed with government-subsidized, "REO-to-Rent" loans loading up on distressed properties, by banks refusing to release foreclosed properties into the market (thus creating a market subsidy) or by foreigners eager to park their "tax-evaded" wealth with the Anti Money-Laundering exempt National Association of Realtors. Instead, the main driver of US housing were first-time home buyers, "typically couples in their late 20s or early 30s" who historically have accounted for about 40% of home sales. Alas, last year, and all throughout the New Normal, this number has been about 25% lower, or representing just 30% of all sales - Zerohedge

    It is these numbers that investors and all Americans need to be cautious about, and remember the winds of the 2007 housing bubble crash.  When prices reached their peak in the housing cycle, and the stock markets were reaching all-time highs, the end to it all came not only suddenly, but in a crash that nearly brought down the entire Western financial system.

    And this was before $20 trillion dollars was printed by the Fed in the last 5 years, and inflated into the economy.

    Tuesday, July 2, 2013

    Former Facebook associates seek to turn bitcoin into an ETF and make it a tradable commodity

    The Winklevoss Twins, known famously for being associated with the creation of Facebook at one time, are beginning their next capital venture in the markets.  On July 1, a filing was made with the Securities and Exchange commission to form a new public IPO, which would function as an ETF and facilitate the buying and selling of bitcoins via equity shares.

    To make it simple, the Winklevoss's wish to turn the electronic currency known as Bitcoin into a commodity, trade it as an equity in the public stock exchanges, and do this under an ETF the same way gold (GLD) and silver (SLV) is traded through JP Morgan.


    Logo courtesy of Forex Minute

    Winklevoss Bitcoin Trust, which is designed to operate like an exchange-traded fund, will initially sell $20 million worth of shares, with each share worth a fraction of a Bitcoin, a filing with the Securities and Exchange Commission showed on Monday.

    Cameron and Tyler Winklevoss, whose feud with Zuckerberg was portrayed in the fictionalized 2010 film "The Social Network," have amassed nearly $11 million worth of Bitcoins, according to a report in the New York Times in April. - Reuters

    There are many pros and cons to this attempted financial scheme, but few that would benefit the true users and recipients who hail bitcoin as an alternative currency to the fiat global system.  On one hand, by legitimizing Bitcoin as a commodity, and having it recognized by the SEC on a public stock exchange, the ability for the Treasury Department, Secret Service, or other government agency to seize bitcoin operations would be hampered.  However, it also means that the original foundation of bitcoin, an electronic currency exchange with a limited production capacity, can now be suspect to government price controls the same way the futures markets control paper spot prices rather than the market price of the physical commodity.

    In the world of finance, it is said that if bankers could leverage their mothers teeth to make a profit they will.  And although the Winklevoss Twins have a strong belief in the power and mission of the bitcoin currency, they also see the potential to exploit it for greater profits made in U.S. dollars, at the expense of the thousands of bitcoin owners who seek a different avenue for bitcoin's future.