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 14, 2014

Jim Willie: If the Fed ends Zero Interest rates it will destroy the big banks

2014 has been the year of the Federal Reserve acting like the European Central Bank head Mario Draghi in that they have talked alot about ending QE and their Zero Interest Rate policies (ZIRP), but heading into the end of the year the Fed has done neither.  And the primary reason for this according to statistician and founder the Hat Trick Newsletter Dr. Jim Willie, is that the big banks have become so reliant upon ZIRP that to remove it would mean the utter destruction of these primary institutions.
In an hour long interview on Oct. 12 with Elijah Johnson of Finance and Liberty, Dr. Willie laid out the two consequences that would take place should the Fed end ZIRP, and why these alone would be enough to destroy the JP Morgans and Goldman Sachs of the U.S. financial system.
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2008 Redux? S&P; falls below 1900 with Dow losing nearly 1000 in last 30 days

While a decline of 1000 points in a market that recently resided at new all-time highs is not a complete cause for alarm, when coupled with massive declines in Europe, Japan, and a wave of global deflation fears, we suddenly find that the table is set for a repeat of the great stock market crash of 2008.
As trading forges towards a close on Oct. 13, the Dow has now lost more than 800 points since Sept. 23, and the S&P has now fallen below 1900 for the first time since early August.  In both Europe and Japan too, levels on their stock markets have been in steady decline, with the Nikkei unable to hold key technical support at 15000 despite Bank of Japan intervention just last night.
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Connecticut becomes first state to suspend Constitution over Ebola scare

Even though the first cases of Ebola in the U.S. were in states not located near New York and Washington D.C., it appears the liberal bastion that rules the Northeast corridor of America is having little regard for the Constitution and individual liberties as the state of Connecticut on Oct. 10 has just suspended an important protection from the Bill of Rights, and decreed that anyone even thought to potentially have Ebola will be quarantined and isolated from the rest of society.


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Wednesday, October 8, 2014

Federal Reserve has one final card up its sleeve… the Doomsday Book

This week, former heads of the Federal Reserve and U.S. Treasury converged on Washington to give testimony as to the monetary status of the economy and banking system.  During part of the more than six hours of testimony, the financial heads were asked about a secret and disturbing publication the Fed has in case of a sudden financial meltdown.  Known as the Doomsday Book, this document supposedly is a compilation of emergency measures the Fed has in place to deal with a major market meltdown, or another financial crisis.


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Inventor giving middle finger to Feds as sales for gun making 3-D printer skyrocket

One of the inherent consequences of Fascism is that not only does a government promote and protect corporations over small businesses, but by limiting the number of companies able to create a particular product of service, they can regulate and restrict both how much is manufactured, and who can get, a particular item.
But with the advent of 3-D printing and the ingenuity of inventors and entrepreneurs, what was formerly restricted by the state can in many cases, be duplicated without the need for a license by the average Joe.  And for 3-D pioneer Cody Wilson, his technique of making guns, and in particular, AR-15 components from the privacy of your own home, is setting a new standard in the war over gun controls and consumer freedoms.
 
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It’s coming… travel bans being discussed over Ebola outbreak

The concept of restrictions on travel because of the Ebola outbreak is a two-edged sword.  First, the United States would not have had any incidents of Ebola on the continent had the CDC or HHS instituted a much stricter regimen for entry during the early days of confirmed cases in Africa.  Secondly, the number of confirmed cases are minuscule when compared to the number of airline passengers who fly everyday, with the economic, as well as the geo-political consequences that a travel ban might cause to the global system outweighing the risks.
But like the former Obama Chief of Staff Rahm Emmanuel so famously pointed out, the government should never let a crisis go to waste.
 
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Sunday, October 5, 2014

Dollar’s sudden strength occurring as a sign the world is rejecting reserve currency

Approximately three months ago, the dollar began a massive rise in relation to other global currencies, with its value gaining more than 675 bps on the charts.  Closing out on Friday, Oct. 3 around 86.64, this is the highest the dollar has been since the middle of 2010 when the Federal Reserve began its first round of Quantitative Easing, and Europe was enmeshed in a liquidity crisis.
But while economists and government officials can go on the talking head programs and tout the recovery of the economy as the primary reason for the dollar’s meteoric rise, the real truth that is being hidden is that the dollar’s strength is tied primarily to the world rejecting the reserve currency, and shipping back dollars to the U.S. at an ever increasing rate.
 
 
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New jobs report: More hiring’s for Grandma and less for Grandkids

As Wall Street swoons around today’s front line BS… err I mean BLS jobs report, the bottom line once again is that more people actually fell off the participation roles than actually found employment in September.  And even more disconcerting was the fact that the majority of these jobs were gained in the 55-69 age group, with 10K jobs actually being lost in the 25-54 range.
So to sum it up.  230,000 Grandmas and Grandpas found new low wage employment and 10,000 of their Kids and Grandkids went on unemployment.
 
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Debt slaves can become slaves to the state if Senate bill 2726 passes

Remember the Peace Corps that was all the rage during the 1960’s and 70’s?  It was a way for students who had debts remaining after graduation to receive a deferment or even full forgiveness for volunteer service.  Now, Washington is a proposing a new way for students to receive forgiveness of their massive debts by having them work for the government for a set amount of years, and becoming part of President Obama’s ‘civilian force’ he promoted during his election campaign of 2008.



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The NFL’s year just got even worse as FCC overturns blackout rules

Does anyone remember a number of months ago when Dallas Mavericks owner Mark Cuban stated in an interview that he believed the NFL had gotten so big that they are due for a fall simply from their greed and arrogance?  Well since that time, the NFL has experienced some major PR blunders including ones in areas such as concussions, domestic abuse and even child abuse.
But while Roger Goodell and the NFL might be able to spin the fact that these were incidents done by players themselves and try to avoid any lost revenue from viewers and sponsors, a new ruling by the FCC on Sept. 30 is the very crack in the armor Cuban may have been waiting for, as the regulatory agency voted unanimously to end the NFL’s ability to impose blackouts in cities that do not sell enough tickets to games played in their home stadiums.
Image courtesy of thesportscult.files.wordpress.com
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