In brief (pun intended): a complete, unpredictable clusterfuck accompanied by wholesale liquidations of “liquid assets”, deleveraging and potentially a waterfall effect that finally bursts China’s bubble, all due to a simple black swan. Although, in reality, nobody knows. Just like nobody knew what would happen when the government decided to let Lehman fail.
Iconic animator Mike Judge, the man behind Beavis & Butt-Head and King of the Hill, told Infowars in an exclusive interview that his 2006 movie Idiocracy, which depicted a dystopic futuristic society populated by morons, is already unfolding, as well as sounding off on a number of different issues including gun control and Hollywood.
7.4 Fiji Quake
I expect the average price of non-investment-grade debt (aka junk bonds) to fall 50%. Investment-grade bonds will fall substantially, too. (I’d estimate something around 25%.) This is going to wipe out a huge amount of capital… and believe me… it’s 100% guaranteed to happen.
Today’s Friday Digest is no different. In fact, what I would like to show you today is without a doubt the single greatest threat to your wealth you will ever face. Even so, I’m confident almost all of you will ignore this warning until it is far, far too late.
From Benghazi and Boston to Kabul and Karachi, to Fort Hood, Detroit and New York, Barack Obama and his aides have been lying about terror.
If the IRS scandal wasn’t enough to convince you that bloated, corrupt, bureaucratic government institutions pose a greater threat to our freedoms than any terrorist attack ever could, this story should settle it once and for all.
Vice Adm. James Syring, the director of the Pentagon’s Missile Defense Agency, said recently that the administration of US President Barack Obama had discussed the possibility of sharing missile defense data with Russia, the Associated Press reported.
We can only hope they still have some collateral and aren’t margined up 100%. That would not be good for the Japanese pennystockmarket and “experiment” no matter how much good luck Jens Weidmann wishes them.
A former insider at the World Bank, ex-Senior Counsel Karen Hudes, says the global financial system is dominated by a small group of corrupt, power-hungry figures centered around the privately owned U.S. Federal Reserve. The network has seized control of the media to cover up its crimes, too, she explained.
Uncle Sam has an unfunded pension liability of $800 billion.
Corporate pension funds have an unfunded liability around $400 billion.
State and local pension funds have an unfunded liability in the tony neighborhood of $3 trillion.
That’s over $4 TRILLION in UNFUNDED pension funds.
It’s a huge problem and it’s getting worse. And there’s one individual to blame for all that $4.2-plus trillion of money we need to find – Ben Bernanke.
That’s right, the Boomers, in allegiance with the financial elite, engineered a transfer of all other generations’ income to themselves. This, plus being born in an expanding demographic, was the totality of their investing genius.
according to the census bureau, the average new home sale price just hit a new all time high, rising by a record 15.4% to a record $330,800. In a country in which real disposable consumer income is flat at best and in reality declining, it only makes sense that the average new home price just hit a level not seen since the prior credit-bubble fueled housing peak.
When questioned at the House Ways and Means Committee (WMC) hearing last week, Miller told House Representative Devin Nunes that “America’s tax system is ‘voluntary’”. When Nunes remarked for clarification that the US tax code is a “voluntary system”, Miller said, “Agreed.”
Japan’s bond market is officially losing control.
It was only after the realization of what soaring bond yields mean for, wait for it, stocks (despite central planner promises that it is soaring bond yields that are a good thing – turns out, they aren’t) that the sell-off really started. That, and of course copper, and the end of the Chinese Copper Financing Deals arrangement that has been China’s illicit cross-asset rehypothecation scheme for years (more shortly).
Jefferson did write in a 1789 letter to Welsh philosopher Richard Price that “wherever the people are well informed they can be trusted with their own government; that whenever things get so far wrong as to attract their notice, they may be relied on to set them to rights.”
Unfortunately this isn’t happening; ‘the people’ aren’t rising up to set things right.
And this is an important reminder: we cannot rely on a government or society to provide us with freedom or the economic opportunity which stems from it. We can’t wait for tens of millions of people to ‘wake up’ and ‘vote the bums out’. Or take to the streets.
If history is any indicator, the fear and intimidation will likely get worse. This problem doesn’t just go away, and it doesn’t resolve itself.
At the eight Army posts that house most of the service’s combat units, including Fort Carson in Colorado Springs, misconductdischarges have surged 67 percent. All told, more than 76,000 soldiers have been kicked out of the Army since 2006.
THE debate in Britain over legalising gay marriage has taken a surreal turn after a senior politician said it could result in a lesbian queen giving birth to an heir by artificial insemination.
Now thisis a problem because unlike the economy where QE may or may not trickle down to the unemployment rate (it won’t as QE is causing it but fear not - more QE is just around the corner to fix a problem caused by QE) asset bubbles only get bigger and bigger and bigger,until QE has to be not only tapered, not only stopped, but actually unwound. And with some finally on the record, the blame will be cast squarely at those who ignored the first warnings. http://www.extremetech.com/extreme/156393-cold-fusion-reactor-independently-verified-has-10000-times-the-energy-density-of-gas?fb_action_ids=10151695364280628&fb_action_types=og.likes&fb_source=other_multiline&action_object_map=%7B%2210151695364280628%22%
Now thisis a problem because unlike the economy where QE may or may not trickle down to the unemployment rate (it won’t as QE is causing it but fear not - more QE is just around the corner to fix a problem caused by QE) asset bubbles only get bigger and bigger and bigger,until QE has to be not only tapered, not only stopped, but actually unwound. And with some finally on the record, the blame will be cast squarely at those who ignored the first warnings.
Thus, for the sake of the children (who will have inhert about $100 trillion in debt but don’t worry: debt is an asset as some “analysts” will promise) Bernanke can never exit.
The one headline we have been waiting for for over four years has just hit: BOK KIM SAYS WORLD MAY FACE RATE RISK IF U.S. EXITS FROM QE
“The Math Is Stacked Against Japan – It’s Not ‘If’, It’s When.”
This particular amendment is only to track the movements of foreigners in and out of America. However, we’ve learned from Wired that a biometric database for all Americans is already hidden in the legislation.
And that would be rather problematic for the media’s spin cycle, although we are confident it will take just a few minutes of deep though in the proper channels, before this all too overt admission of guilt is somehow spun as the IRS being the unwitting targets of an aggressive McCarthyesque campaign seeking to discredit the government’s impartial tax collector whose only noble purpose is to enable the government to get even bigger.
Nature takes the long view, mankind the short. Nature picks diversity; we pick standardization. We are homogenizing our crops and homogenizing our people. And Big Pharma seems intent on pursuing a parallel attempt to create its own brand of human monoculture.
According to the afforementioned statistics, there’s a 50% chance that those being screened will be found to have some type of mental health condition.
Under the new regulations set forth by the Affordable Care Act, also known as Obamacare, certain groups of Americans like school children, seniors, those on government health plans, active-duty military personnel, and veterans will be required to submit to mental health screenings.
Within hours, one hundred six children began to suffer from headaches, vomiting, severe uncontrollable convulsions and paralysis.
Why this sudden increase in primarily private practice debacles? A changing healthcare environment prompted by the incremental installment of Obamacare is one major factor causing doctors to go belly-up all across the country, say experts. Other factors include decreasing insurance reimbursements, ever-rising medical malpractice insurance costs, and more expensive drugs, all of which are making it increasingly difficult for American doctors to survive.
Close to 60 percent of the managed hives died last fall and over the winter — about twice the national average, according to the state bee inspector and local keepers.
The $700 trillion derivatives market allows companies to essentially gamble on deals made on Wall Street. Such activity nearly destroyed insurance giant American International Group before the federal government rescued it.
In fact as the latest H.8 reportdemonstrates, as of the most recently weekly data, the Fed’s policies have led to foreign banks operating in the US holding an all time high amount of reserves, surpassing $1 trillion for the first time,or $1,033 billion to be precise.
Barack Hussein Obama is not worthy of the office he currently holds hostage. This man has no code, no honor and has opted to openly lie about his role in Benghazi and the decisions made where our people were brutally murdered and our ambassador was tortured and raped by Muslim homosexuals which is more common than you think when they wish to degrade and dishonor male (and female) captives of all ages. The Muslims speak out against homosexuality in public when quoting their BS piece of propaganda which is called the Quran, yet in private when degrading prisoners they engage in prison style homosexual gang rape quite frequently.
Donald Dickerson, a black man, told them so, right before the assault began that would leave the father with a broken face, the mother unconscious, and the daughter badly bruised.
This happened immediately after our group found an unexplainable and unusually high number of voter registration irregularities in her district,” said Engelbrecht.
Six percent in a sample of 400 is about the margin of error, more or less. If one was targeting just conservative groups, the margin of error says that you’d accidentally include that many liberal groups just out of random chance.
So you can believe it was just all a big mix-up, with overworked bureaucrats bravely doing a hard job incompetently…
Or you can believe that the numbers don’t lie and some else is lying instead.
US government claims 100% ownership over all your DNA and reproductive rights; genetic slavery is already here;ARE THERE NO CONSTITUTIONAL LAWYERS THAT WILL CHALLENGE THIS?THIS SHOULD SEND YOU INTO ORBIT LADIES AND GENTLEMEN!
America’s ticking debt bomb has been reset. Washington has suspended the debt ceiling, setting a date, and not a concrete dollar sum as a deadline, an unprecedented first in US history.
Citing ‘extraordinary measures’, the US Treasury has further delayed tackling America’s debt, and will wait until Labor Day,
^^^__The above is the mark of the beast manifested to the degree of contempt so out of order as to confirm the intent of evil criminal bastards hell bent on provocing those watching. Labor Day! THESES BASTARDS ARE CERTAINLY JOKING!
At Least 20 Children Dead at Okla. Elementary
EXTREME WEATHER: America Under Attack – Most Powerful Storm System Devastates Texas, Minnesota, Kansas, Illinois, Iowa, Missouri, Nebraska And Oklahoma; Up To 50 Tornadoes Ravages Plains States; National Weather Service Warns “You Could Be Killed If Not Underground Or In A Tornado Shelter”; At Least…
While the quake was unusual, it was by no means unprecedented,” he said.
It’s called the TrackingPoint rifle. On a firing range just outside Austin in the city of Liberty Hill, a novice shooter holds one and takes aim at a target 500 yards away. Normally it takes years of practice to hit something at that distance. But this shooter nails it on the first try
EXTREME WEATHER: America Under Attack – Powerful Storm System Stretching From North Texas To Minnesota Drops Hail And Heavy Rainfall; Tornadoes Tear Through Kansas, Oklahoma Downing Power Lines And Damaging Homes; New Round Of Storms Could Threaten Millions Of People!
29 percent say they believe they’ll have to act “in order to protect our liberties” in the next few years
Obama’s entire agenda involves enlarging government’s role in allocating wealth and opportunity, the agenda now depends on persuading Americans to trust him, not their lying eyes. In the fourth month of his second term, it is already too late for that.
He alleges that the EPA engaged in disturbing experimentation that deliberately exposed human beings to airborne particulate matter the agency itself considers lethal.
Thank you Kuroda, Bernanke and co for this total farce of a “market.”
researchers injected mice with an immunotoxin to destroy a part of their brains–the hippocampus–that’s associated with learning, memory, and spatial reasoning. Then the researchers replaced those damaged cells with cells derived from human embryos. The cells proliferated and the lab chimeras recovered their ability to navigate a water maze.
An Iranian filmmaker told Trunews radio host Rick Wiles today that the current Arab Spring uprisings in the Middle East are the work of a secret society that used Western intelligence agencies to plan and instigate the 1979 Iranian Revolution to overthrow the Shah of Iran.
He said the Eagles’ master plan is to set the entire Middle East on fire through revolutions, social unrest, and wars. Mr. Nassiri told Trunews that Syria will be the last war “before the big war” which will target Iran. Mr. Nassiri said he fears the attack on Iran may erupt into World War III.
With $986 billion of outstanding student loan debt (up 50% from Q1 2009) and unemployment rates running at or near all-time highs for the 16-24 year old cohort in this nation, it is little surprise thatdelinquencies are surging.
Now the Obama administration is pushing to allow 11 million illegal aliens to remain in the US and eventually be granted citizenship. It seems that our government is bending over backwards to allow Muslims and illegals access to America.
in a clear demonstration of President Obama’s war on Christians, his administration has targeted a Christian family and is hell bent on deporting them back to Germany
^^^__^^^When they actually do deport a Christian family, like this family, from the United States, that is the hour that confirms the need for that President, and every last supporter of the United States government, to realize the image of their own judgment. As it now stands, the spiritual reality of contempt is already confirmed. The reality is prophetic, there is no foundation built by the contempt of the people defining the power of this government, even among the nations, ”their” cause is out of order and evil. This President is not risen in agreement with the foundation and cause of liberty freedom and independence, this bastard is a socialist bastard bound for Hell. This President is antichrist and a liar. The people that support this government are too stupid to be considered deceivers at this point, at least to those watching.
The organization I am referring to is the Barack H. Obama Foundation established and run by the president’s half-brother Abon’go ‘Roy’ Malik Obama. For 28 months, Obama’s brother operated an illegal non-profit because he had never applied for the status with the IRS until the end of May 2011. But nothing is being done concerning his illegal operation or the expedited time for his approval.
The IRS continues to mislead the public, as Fox News reported that at least 471 tax-exempt organizations, not the 300 admitted to by the IRS, were examined with “extra scrutiny.” Then Treasury Secretary Timothy Geithner must have received a copy of the 2011 Miller memo, because it was written on Department of Treasury stationary and Shulman and Miller reported to him. Therefore, to find out if the IRS has been running a massive enemies list for the White House, Congress must demand that Timothy Geithner testify under oath.
We are in the midst of the worst Washington scandal since Watergate. The reputation of the Obama White House has, among conservatives, gone from sketchy to sinister, and, among liberals, from unsatisfying to dangerous. No one likes what they’re seeing. The Justice Department assault on the Associated Press and the ugly politicization of the Internal Revenue Service have left the administration’s credibility deeply, probably irretrievably damaged. They don’t look jerky now, they look dirty. The patina of high-mindedness the president enjoyed is gone.
The use of the Internal Revenue Service’s coercive power to suppress dissent against Obama is the political equivalent of steroids. The history books should record Obama’s re-election with an asterisk to indicate that it was achieved with the help of illicit means.
An amendment inserted into the 2013 Farm Bill passed by the House of Representatives’ Agriculture Committee Wednesday would revoke the ability of individual states’ lawmakers to pass GMO-labeling laws, food advocates warn.
The consumer advocacy organization, Food & Water Watch, reviewed 926 U.S. diplomatic cables produced from 2005 to 2009 and published by WikiLeaks, and found that American diplomats spent a considerable amount of time promoting genetically engineered (GE) food seeds and crops.
The trial of Vernon Hershberger, another raw milk farmer facing prison time for producing real food.
Of course to get “investments”, one needs funding, and the problem is that virtually all sovereign bond issuance – for now driven by the BOJ’s monetization-facilitated carry trade impulse – is going to indirectly prop up the local insolvent banking system, not to fund public spending. That too will become clear in due course, but for now there is hope.
However, even the hope is running out, leading to the people’s, accurate, conclusion:
France, a predominantly Catholic country, follows 13 others including Canada, Denmark, Sweden and most recently Uruguay and New Zealand in allowing gay and lesbian couples to wed. In the United States, Washington D.C. and 12 states have legalized same-sex marriage..
French President Francois Hollande has signed into law a bill allowing same-sex marriage, making France the 14th country to legalize gay weddings.
Nigerian warplanes struck militant camps in the northeast on Friday in a major push against an Islamist insurgency, drawing a sharp warning from the United States to respect human rights and not harm civilians.
According to the Times, the senior intelligence officer in the north of Israel said a weakened but stable Syria under Assad is not only better for Israel but for the region as a whole.
It was announced Friday afternoon, when no one was supposed to pay attention: after years of controversy, heated rhetoric, intense lobbying, and stiff opposition from some unlikely bedfellows, with multinational industrial and chemical companies weighing down one side of the bed, and environmentalists tossing and turning on the other, the Obama Administration decided in favor of the US oil and gas industry. With geopolitical ramifications.
Industrial and chemical companies that use natural gas for energy or as feedstock are deeply worried. Would they end up having to pay European prices? Or catastrophically, Japanese prices? The gas industry and its pundits have feverishly assured them that LNG exports would have “only minimal impacts” on gas prices in the US. Yet, the moment DOE announced its decision Friday afternoon, natural gas spiked about 3%, before retracing some of it.
Why are crop yields lost to insects greater than ever before, when pesticide use is at an all time high?
Worse yet, the tests found imidacloprid levels of up to 550 parts per billion in eucalyptus nectar and pollen – three times the amount needed to kill honeybees.
Dubai Police Chief Dhahi Khalfan Tamim, an outspoken lieutenant general, tweeted a picture of the $1.4 million car, which boasts a beastly 1,001-horsepower engine. The Veyron is the most expensive in a fleet that already includes two Ferrari FFs, a Bentley Continental GT, a Lamborghini Aventador, a Mercedes SLS and an Aston Martin One. Total combined value: around $4 million.
A Lebanese Christian man was sentenced to six years in prison and 300 lashes and a Saudi man was sentenced to two years and 200 lashes by a court in Khobar, a city in eastern Saudi Arabia, for their involvement in a Saudi woman’s conversion to Christianity and her escape abroad, Reuters reported.
$223.3 trillion is the total indebtedness of the world. It includes all parts of the public and private sectors, amounting to 313% of global gross domestic product. The world GDP was some $70 trillion at the end of 2012.
In his latest commentary, Michael Pento writes ”there is a reason why the Fed and other central banks have been unable to achieve a healthy and viable economy even after five years of trying to manufacture one from a printing press. The truth is an economy that is soaked in debt just doesn’t grow because it is always marked by at least one, if not all three, of the following growth-killing conditions; high interest rates, rampant inflation and onerous tax rates.”
However, Gen-Xers, Americans born between the early 1960s and the early 1980s, lost 45 percent of their wealth – about $33,000 on average – during that same period.
The Pew study found that the average Gen-Xer has already accumulated $80,000 in debt, which is a significantly higher level of debt than those in the other groups had at the same age.
The number of deaths by suicide has also surpassed car crashes, and many connect the increase in suicides to the downturn in the economy. Around 35,000 Americans kill themselves each year (and more American soldiers die by suicide than combat; the number of veterans committing suicide is astronomical and under-reported). So you’re2,059 times more likely to kill yourself than die at the hand of a terrorist.
What happens to everyone in the ruling Elites and those desperately trying to join the ruling Elites when the debt-serfs stop paying and the tax donkeys drift away to lower-cost, lower-income lifestyles? The ruling kleptocratic financiers and the vast political class of toadies, lackeys, apparatchiks and grifters that do their bidding will be like a bloated general staff who finds their malnourished army of conscripts has slipped away into the night; their parasitic empire will implode because nobody is left to do their bidding.
tune in means to become aware the status quo is unsustainable and deranging; turn on means to become engaged in self-reliance and taking control of one’s life and livelihood, and opting out means opting out of supporting our financialized cartel-state Neofeudal Debtocracy by being a compliant debt-serf and tax donkey.
I think prudent people would be asking why the G-7 nations have called a highly unusual emergency meetingthis weekend outside of London. This was unscheduled and can only be considered as an emergency meeting.
Our newfound awareness comes with a price tag. You, I and anyone who reads these types of articles are a threat to the establishment and must be dealt with. Assassination is no longer a widespread option for the globalists, as there are too many of us. To deal with what could evolve into an awakening monster, the globalists are meeting in secret this weekend in order to decide how to deal with us.
“The SNP is selling an entirely false prospectus to the people of Scotland. They talked about independence within the European Union – don’t make me laugh,” he said.
“If the SNP position was they wanted to be out of the United Kingdom and out of the European Union, at least intellectually, you could respect that position.”
Pope Francis has attacked the “dictatorship” of the global financial system and warned that the “cult of money” was making life a misery for millions.
FIRE IN THE SKY: Major Solar System Disturbance – Dark And Massive Asteroid To Fly By Earth On May 31st; Asteroid 1998 QE2 Is Covered In A Mysterious Sooty Substance; Will Come Within 3.6 Million Miles Of Earth; Has The Potential For Mass Destruction; Similar In Size To The Asteroid That Killed Off …
Newly uncovered documents show how factions of the US government have planed and prepared for mass fatality and pandemic scenarios, while private corporations bank on your demise.
A request issued to all cemeteries within the state by the State of New York Department of State Division of Cemeteries director ,Richard Fishman, on April 4, 2007, reads, “Much of this data will be very important when planning for a mass fatality or pandemic situation. You will be hearing of special meetings in your region that will address planning for such events.” Causing concern, as some will likely see this as foreshadowing to a future and or a potentially planned (staged) event.
The code, ““Defense Support of Civilian Law Enforcement Agencies,” was slightly altered during a May 13th update which now allows the military to unilaterally declare martial law without presidential approval.
5.1 Shallow Canada Quake
n 1967, when Israel in a brilliant fashion destroyed armies of Arab states during the Six Day War, the Navy of the Jewish state lost its flagship Erlan destroyer. It was sunk by a salvo from a small missile boat of the naval forces of Egypt. That local victory of Egyptians once again reminded how dangerous small and fast missile boats could be.
So with Israel suddenly facing the prospect of actual casualties should it engage in more air raids over Syrian airspace, just what avenues are left for telegraphing superiority and supremacy in the latest middle eastern hotbed of future escalation? Or does this mean the days of foreplay are over.
Will the US continue taking it, or will it, as the Telegraph suggests, “provoke an angry response in Washington, and damage important bilateral links…” And how long until Israel conducts another overnight raid in Syria, only this time a Syria which as the NYT reported has now received advanced Russian Yahkonts missiles whose main difference from all prior Syrian armaments is that they are outfitted with “offensive radar” and can be used for more than just self-defense.
The 30 million whose labor funds the parasitic status quo don’t have to rebel; they simply have to stop going to work, stop starting enterprises, stop being productive.
The numbers of Americans drawing benefits from the state are astounding: almost 11 million people drawing lifetime disability from Social Security (The Number Of US Citizens On Disability Is Now Larger Than The Population Of Greece); Social Security (SSA) has 61 million beneficiaries as of March 2012; Medicare had 49.4 million beneficiaries in 2012, and Medicaid has over 50 million beneficiaries (another source puts the current number at 58 million, but the Kaiser Family Foundation says roughly 7 million “dual-eligibles” receive both Medicaid and Medicare, so let’s use the data point of 50 million Medicaid-only recipients.)
This means roughly 110 million people are drawing significant direct benefits from the Federal government (central state) while the number of full-time workers is 116 million–about a 1-to-1 worker-beneficiary ratio.
California Congressman Devin Nunes (R-CA) says that the Department Of Justice tapped phones in the rooms where Congress members speak informally and off the record, eat, sleep and socialize when they’re not on the floor of the House of Representatives or in their individual offices.
Simply put, Connolly concludes on social unrest, “I don’t see any way of avoiding it.”
In his words Lyons says that the attack on Benghazi was a bungled kidnapping attempt to be perpetrated upon Ambassador Stevens. This was to appear to be a hostage exchange for a terrorist prisoner who was to be released in trade for a supposedly captured US ambassador. The trade would have been for Omar Abdel Rahman an international prisoner, known as the Blind Sheikh.
With what should have been only a staged kidnapping of Ambassador J. Christian Stevens, instead, Navy Seals Tyrone Woods and Glen Doherty refused a stand down order and began doing their job of protecting the ambassador using force. Immediately the well-trained Seals began inflicting heavy casualties upon the terrorists who thought they were merely in a cake walk to abduct Ambassador Stevens without mishap. As a result of the plan going awry, a massive attack arose from the anger of the terrorists who felt they had been betrayed by President Obama.
The timing of the Qatari-Saudi resolution at the UN table is significant. It’s specifically meant to head off any US-Russian “dithering” over the situation that might lead to a dialogue that would actually include Assad.
What Saudi Arabia wants is not to leave the Syrian people alone, but to install its own puppet regime so it has full liberty to dictate LNG terms to Qatar, and subsequently to Europe.
Finally, one wonders just what President Obama and Turkish Prime Minister Erdogan were really talking about behind the scenes.
Whoever has ears, let them hear what the Spirit says to the churches. To the one who is victorious, I will give some of the hidden manna. I will also give that person a white stone with a new name written on it, known only to the one who receives it.
Elizabeth Warren is one of the few Senators out there pushing to understand why the federal government has created an untouchable class of criminals in America that can do whatever they want whenever they want and, not only get away with it, but also get bailed out when they make mistakes.
Virginia, by POTUS’s post 666 Debt Ceiling Open For Business Speech
Seattle Tacoma Urban Area
California and Nevada also… This looks like a shallow grin of the induction zone and trouble on the horizon. Japan and Asia are spiking also.