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, December 18, 2013

Economists and investors give their predictions for 2014

As we head towards the end of 2013, and the aptly anointed, year of Fed induced equity bubbles, economists, investors, and umpteen talking heads are all preparing to give their economic predictions for 2014.  However, as we have seen many times over the years, some prognosticators have a much better track record than others, and it is these individuals which we will be focusing upon to hear their educated and insightful thoughts for the coming year.



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Helicopter Ben initiates taper in one of his last acts in office

On Dec. 18, as Federal Reserve Chairman Ben Bernanke prepares to pass the torch to underling Janet Yellen, the man responsible for QE 4EVA has initiated a small taper on the central banks bond buying program, and will remove $10 billion monthly from their toxic asset purchases.

*FED TAPERS QE TO $75 BLN MONTHLY PACE, STARTING IN JANUARY

*FED SAYS `FURTHER MEASURED STEPS’ POSSIBLE ON TAPERING
*FED: EXCEPTIONALLY LOW RATES UNTIL JOBLESS FALLS WELL PAST 6.5%


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Thursday, December 12, 2013

Dr Doom Ed Dames: In 2014, U.S. will lose the petro dollar and go into recession

On Dec. 9, Major Ed Dames, former military intelligence officer and pre-eminent expert in the field of Remote Viewing, was a guest on the Coast to Coast AM radio show to talk about what he sees for America and the rest of the world in 2014.  During the program, Dr. Doom, as Dames is often referred to, stated that 2014 will give the West a confluence of several serious events, leading up to a massive economic recession, and the end of the U.S. dominated petro-dollar.



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South Carolina to use 10th Amendment to nullify Obamacare

There is an old adage that infers that a right not practiced eventually makes that right invalid.  This illogical argument is normally used in the instances of the right to bear arms as most Americans have rarely carried sidearms in public view over the past 60 years.
However, another important right for our time that has been downplayed in the public eye as the Federal government has grown in power, is the 10th Amendment, or right of the states to nullify laws created by the government that are not theirs to impose according to the Constitution.  And in the state of South Carolina, the legislature is now imposing their 10th Amendment right to nullify Obamacare as being unconstitutional under the auspices that states cannot be compelled to enforce Federal law per legal precedence.
 
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Haves an have nots: NY City has most homeless children since Great Depression

At a time when Wall Street is experiencing the greatest accumulation of wealth in the history of mankind, just across the road in urban New York City, homeless children being left on the street is at the greatest numbers seen since the time of the Great Depression in the 1930′s.
According to the New York Times, the last time there was this many homeless children in New York City was during the days of the Great Depression.  And the number of homeless children in the United States overall recently set a new all-time record.
As I mentioned yesterday, there are now 1.2 million public school kids in America that are homeless, and that number has gone up by about 72 percent since the start of the last recession.  As Americans, we like to think of ourselves as “the wealthiest nation on the planet”, and yet the number of young kids that don’t even have a roof over their heads at night just keeps skyrocketing.  There truly are “two Americas” today, and unfortunately most Americans that live in “good America” don’t seem to really care too much about the extreme suffering that is going on in “bad America”.  In the end, what kind of price will we all pay for neglecting the most vulnerable members of our society? -Economic Collapse Blog


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Sunday, December 8, 2013

Eric Sprott: My greatest fear is that governments are broke

On Dec. 6, billionaire and asset manager Eric Sprott spoke on the current economic climate surrounding nations and central banks, and how the insolvency of governments is creating the biggest fear for the global financial system.
"King World News: What is your greatest fear going forward?  What’s your worry?
Eric Sprott: My greatest fear is that government’s are broke.  It’s so obvious, I mean, that’s the easiest call in the world.  And to think that 1000 economists have signed up for this (The Inform Act ), including 15 Nobel prize winning economists, is just tantamount to recognition of what the elephant in the room is."

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Europe confirms bank bail-ins to be used during ‘Future of banking’ conference

Irish Finance Minister Michael Noonan confirmed that bank bail-ins will be used throughout Europe during a major conference of financial leaders on Dec. 3.  In a meeting known as ‘The Future of Banking in Europe’, ministers from countries throughout the Eurozone voted on a number of programs that could be implemented to stave off the next round of bank crises, with direct confiscation of depositor accounts overwhelmingly finding approval.


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Wednesday, November 27, 2013

Bitcoin $1000! Digital currency crosses threshold one day before Thanksgiving

On Nov. 27, just one day before America celebrates its annual Thanksgiving holiday, Bitcoin smashed through the $1000 USD barrier to have an inter-day value of $1020 USD.  This steady climb of more than $500 USD since its volatile shakedown one week ago, is continuing to validate the popularity and strength that a stateless digital currency provides.
Within the past two days, two major events took place for Bitcoin that are pushing the crypto-currency more and more into the mainstream of acceptance.  First, as the U.S. prepares for Black Friday and the holiday shopping frenzy, leading retailer Target issued a press release stating they will be accepting bitcoins for purchases of their products through the GYFT gift card platform.

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Mayor of London publicly gives his allegiance to the elite

The office of mayor in nearly every city in the world is manned by an official who is voted into office by the people they are expected to represent.  Quite often however, like in the case of New York City’s Michael Bloomberg, these officials prove through their actions that their allegiance lies in the forwarding of personal agendas, or in many cases, pandering to those in power in the corporate world.
The most astonishing however, are those elected officials who outwardly make their allegiances known, and virtually spit in the faces of the common men and women who put them into office.  Such is the case with London Mayor Boris Johnson, who recently wrote an op-ed for the British media where he stated that we should all be ‘thankful for the super-rich’, and instead of challenging them on their corrupt activities that siphon the wealth from the people and middle classes, we should hold them in some false idolatry as the benefactors of society who pay for, and keep the welfare flowing.



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Thursday, November 21, 2013

Largest university in Cyprus to allow tuition purchases in Bitcoin

The quickest way to change the minds of investors when it comes to the viability of Bitcoin is to have the digital currency suddenly be accepted in the mainstream.  That day has arrived in of all places Cyprus, where the the largest university in the Eurozone nation has officially announced that they will begin accepting Bitcoin as payment for the purchasing of tuition for their students.


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