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?

Thursday, November 10, 2011

Students feel the wrath of the police at Occupy Berkeley

Berkeley, California has always been the home of radicals, liberals, and students who would rather find a cause than turn in homework.  So it is very interesting that the local police force would turn to brutality on the students of Occupy Berkeley when these types of protests have been occurring for decades.


Maybe the 'useless idiots' can suddenly come to the realization that their belief in a marxist or socialist state no longer has any room for them at the table now that they are in power.

Wednesday, November 9, 2011

James Turk and Eric Sprott discuss gold

Two of the leading economists and investors on sound money, gold and silver sit down in a great interview at the Munich precious metals conference.

With Angela Merkel's inquiry into leaving the Euro Zone today, the discussion of gold and money has never been greater.

Tuesday, November 8, 2011

The ghost of Amadeus returns to haunt Greek leader Papandreou

Those crazy activists on You-Tube have once again taken a vital news item and turned it into a creative work of art.

Disclaimer - There is a four letter word that is an intrical part of the song, so please refrain from watching if you are offended.


Courtesy of Dave Balliu

Occupy Wall Street thugs and 99%ers trash local businesses

Oh, those whacky Occupy Wall Street thugs and well doers.  All those speeches about the 99%ers, and how its the 1% rich who are the real crooks and thieves appear to be just rhetoric for victims and thugs to co-mingle out in a park and try to appeal to the ignorant masses that they are simply being kept down by the man.

And like the recent stories about physical and sexual abuse by the groups on women, we can now add violence and property damage to businesses around the parks where the Occupy people expect everyone to give them anything they want.

A business owner near the Occupy Wall Street encampment claims she has been repeatedly harassed and threatened with bodily harm by protesters after she and her employees refused to give in to their outlandish demands.
 “I’ve been told, ‘Watch your back!’ 10 times,” Stacey Tzortzatos, owner of Panini & Co. Breads, located across from Zuccotti Park, told The Post yesterday.
 She and her employees are terrified by the constant threats, which she said began after she demanded the protesters stop using her shop’s restroom as a place to bathe every day.
 The final straw came about two weeks ago, when the demonstrators broke a bathroom sink, flooding the shop, and clogged the toilet -- setting her back $3,000 in damages. - New York Post
As time passes, more and more the poor desperate 1%ers show their true selves and for many, they are simply thugs, victims, and welfare bums who's sole purpose is not to work for their subsistance, but to take from others and expect everyone to appease them.

Central Banks: And then there were three who remained free

There was one primary reason the Obama administration chose to send money and support to the Libyan conflict earlier this year, and it had little to do with overthrowing a brutal dicator.  Certain clues in the rebel camp screamed out the primary purpose for Europe and the US to send troops, aircraft, drones, and even advisors to the conflict that took place over the summer.

Libya was one of only five nations remaining who did not have a privately owned central bank.  Now there are only three.

North Korea, Iran, and Cuba.  And guess who immediately became target number one after Gadhafi was killed?  Iran.

As of the year 2000, there were seven countries without a Rothschild-owned Central Bank:
Afghanistan, Iraq, Sudan, Libya, Cuba, North Korea, Iran
Then along came the convenient terror of 9-11 and soon Iraq and Afghanistan had been added to the list, leaving only five countries without a Central Bank owned by the Rothschild Family:
Sudan, Libya, Cuba, North Korea, Iran
We all know how fast the Central Bank of Benghazi was set up.
The only countries left in 2011 without a Central Bank owned by the Rothschild Family are:
Cuba, North Korea, Iran - Freed Planet

In fact, Cuba has just begun looking into Free Market capitalism for small businesses just this past week, and should this grow, the potential of their being integrated into the global banking cartel is simply one leader with a need for cash away.

Failed banks in October tied to commerical real estate losses and depreciation

There were 11 banks that closed their doors in the month of October, but it appears there was a major difference between these banks, and the 74 that had shutdown earlier in the year.  Whereas the primary cause for most of those banks to fail was residential loans and mortgages, these new banks were instrically tied to commercial real estate.

(A review of the 11 bank failures can be found here)

Trepp’s report looks at the October failures and the makeup of each bank’s portfolio to ascertain nonperforming loan attribution. The company’s analysts found that commercial real estate exposure was the main driver behind problem loans for the banks that went under in October.
Commercial real estate loans comprised $401 million (65.1 percent) of the total $617 million in nonperforming loans at the failed banks. Construction and land loans made up $254 million while commercial mortgages comprised $147 million of the total nonperforming pool. - DSNews
For many observers and analysts, this is the final shoe that the real estate markets have been watching for to drop.  The commerical real estate industry is much larger than the residential one, and if the trend is headed towards massive drawdowns and non-performing loans, the number of banks that could very quickly fail would jump into the dozens or even hundreds.

Obama and MF Global: Corzine prosecution improbable as President has fundraiser with insider

With the growing scandal for Job Corzine grows in his work at bankrupt MF Global, the question of whether the Obama Administration would actually seek prosecution against his former campaign contributer seemed unlikely despite the growing evidence.

Now it almost appears improbable.  Especially with the news that after the bankruptcy hit last week, President Obama is holding a fundraising dinner at the behest of the primary lawyer for the MF Global bankruptcy.

Monday night, Obama will attend a private fundraiser hosted by Dwight Bush, president of Urban Trust Bank, and his wife Antoinette, a partner at the international law firm Skadden, Arps, Slate, Meagher, and Flom. Skadden is the firm hired to handle the bankruptcy of MF Global, the large Wall Street firm headed by Jon Corzine, former governor of New Jersey and a strong ally of President Obama.
Tickets for the event are at least $17,900 per person.
 The Center for Responsive Politics calls Skadden “a clearinghouse for donors to the Democratic Party.” - Daily Caller

Hey Occupy Wall Street... it's about time to move over to 1600 Pennsylvania Avenue if you truly want to find the 1%er who is keeping the rich safe and secure from the same justice system that puts you in jail.

Monday, November 7, 2011

Bank Transfer Day was a moderate success for Credit Unions

Early reports are coming in from banks and Credit Unions who found a groundswell of new business thanks to the organized Bank Transfer Day event on November 5th.

Thousands of people flooded into credit unions and small banks over the weekend as part of "Bank Transfer Day," an effort to prod depositors to abandon giant banks. But at least some of the big banks won't mind losing those customers.
On Saturday, the Boeing Employees' Credit Union in Seattle signed up a one-day record 659 new members. At the grand opening of a Randolph-Brooks Federal Credit Union branch in Pflugerville, Texas, the parking lot was so full that customers had to leave their cars across the street.
Dozens of people opened an account at the Texas credit union as a local disc jockey gave away prizes. "They'll treat me like a good customer," said Charlie Estes, 33 years old, who pulled his life savings out of J.P. Morgan Chase & Co., the largest U.S. bank as measured in assets. J.P. Morgan declined to comment. - Wall Street Journal
In the end, voting with your wallet can do great things, and on occasion, work better than voting at the ballot box, or the ammo box.

Gold: While hedge funds sell, China buys and thanks naive western nations

After the nice pullback for Gold in September and early October, many investors were wondering if the drops were a signal to the end of the gold bull, or at worst, if deflation was truly on the global financial landscape.

One nation however, gleefully rubbed their hands at their good fortune, and bought and bought, and bought at the lower prices.  China, which normally purchases around 10 tones per month, increased their buying to 140 tons between July and the end of September.

Data from the Hong Kong government showed that China imported a record 56.9 tonnes in September, a sixfold increase from 2010. Monthly gold imports for most of 2010 and this year run at about 10 tonnes, but buying jumped in July, August and September. In the three-month period, China imported from Hong Kong about 140 tonnes, more than the roughly 120 tonnes for the whole 2010. - FT

So, as hedge funds sell off their only profitable asset to cover their equity, bond, and debt losses, China simply says "Thank you", and happily picks up the leavings of the western financial institutions.

Fear of Nuclear Iran already having economic consequences on oil prices

As Iran steps onto the precipice of being a nuclear power, the threat of retaliation by Israel, the US, or even NATO is causing the European oil markets to rise, and Brent to begin skyrocketing upwards.

Oil support, sanctions and attacks: Oil should get more support and take the Brent-WTI spread back toward $20 given the broken nature of that market. The first move may be to sanction the Central Bank of Iran, cutting oil exports and dividend repatriation (negative for MTN and the like). Russia and China will push back on this toward the end of the month, increasing the probability of an attack on Iranian nuclear facilities late November/December, which we upgraded to 40% a month ago. - IAEA

By the world leaders waiting and waiting for Iran to break resolution and resolution, it appears the world's energy markets are now paying the price for failed leadership, and the inevitable war that is soon to take place in the Middle East.