Friday, October 2, 2009

Ron Paul Warns of Violence from Pending Dollar Crisis; Says Israel Strike on Iran the Trigger

http://www.lewrockwell.com/paul/paul588.html Too bad Ron had to say this on Glenn Beck's program. But Ron will go anywhere to spread the truth. Beck: 'Earth rays?" What a fucking puke Beck is. He fits right in with all the Fox psycho babblers.

Sunday, September 27, 2009

Inside The Great American Bubble Machine

Inside The Great American Bubble Machine Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression MATT TAIBBI Posted Jul 02, 2009 http://www.rollingstone.com/politics/story/28816321/the_great_american_bubble_machine/print

WHAT HAPPENS IN CALIFORNIA SPREADS ACROSS THE USA

California Economy: $80 Million in Unemployment Insurance Being Paid out Per Day. 143,000 Exhausted Their Jobless Benefits on September 1. One in Four Unemployed Workers without a Job for 27 Weeks or More. http://www.mybudget360.com/california-economy-80-million-in-unemployment-insurance-being-paid-out-per-day-143000-exhausted-their-jobless-benefits-on-september-1-one-in-four-unemployed-workers-without-a-job-for-27-weeks/ AND THIS: 35 Million Americans on Food Stamps: 12 Percent of U.S. Population on Food Stamps Highest Since Records Kept in 1969. http://www.mybudget360.com/35-million-americans-on-food-stamps-12-percent-of-us-population-on-food-stamps-highest-since-records-kept-in-1969/

TRULY SHOCKING FALL OFF IN RETAIL SALES...FROM LEAP 2020 ARTICLE

FROM LEAP 2020 ARTICLE...A MUST READ: http://www.leap2020.eu/GEAB-N-37-is-available!-Global-systemic-crisis-In-pursuit-of-the-impossible-recovery_a3797.html These folks have never been even close to wrong in their predictions. Time is short. Get your survival supplies in NOW!

Wednesday, September 23, 2009

Monday, September 21, 2009

DAN NORCINI COMMENTS ON GOLD'S CURRENT SITUATION

Trader Dan Comments On The Condition Of The Gold And US Dollar Markets Posted: Sep 20 2009 Dear Friends, Please review the following two charts to give a brief technical look at both gold and the US Dollar. (GT sez: Go to JSMINESET.COM to see this post and the charts) Speculative long positions continue to grow as they look to drive gold higher in the face of concerted opposition by the bullion banks with swap dealers also favoring the short side. The latter category can be difficult to decipher since they can be representing both speculators as well as hedging long side exposure due to over the counter positions that they have taken on with other clients. I happen to believe that when it comes to gold, that these swap dealers include both Goldman and Morgan. Some of you might be wondering what in the world we are now talking about “swap dealers” when it comes to analyzing the Commitment of Traders report. In a nutshell, the CFTC is responding to requests from the industry to provide more transparency into the nature of those constituting the “commercial” side of the reports. Formerly, these reports were used by traders to see what the firms who buy and sell the actual physical product behind the futures markets were doing in an attempt to glean the view of that particular market being taken by those whose business dealings include buying and selling of the actual commodity on a daily basis. The idea has been that when that group was leaning heavily to one side or the other, that the market was ripe for a reversal. What has happened however is that the CFTC gave commercial hedging status to swap dealers not all that long ago and as their activity began to grow off the exchanges, they began to seek out the regulated exchanges in order to offload risk from their transactions with their clients, who were looking for exposure to the commodity markets, but wished to trade off the exchange for various reasons. In the case of some, it was the inability to buy or sell contracts that were perfectly suited to their business needs. For others it is the desirability of remaining a bit more anonymous. Either way, these swap dealers provide products meeting the needs of these firms or funds and in the process of so doing, take on financial risk which comes with being effectively long or short a particular commodity market. They began to migrate to the regulated futures exchanges in an attempt to hedge that risk. The CFTC then gave them hedger status which is of great benefit because it allows them basically unlimited position size as well as lower margin requirements. All of this is currently under review but for now, the CFTC has issued a newer, more transparent report of the COT which details the positions of these swap dealers. When it comes to gold, not a lot has really actually changed for us when it comes to analyzing these reports. We can look at the old familiar report with the simple breakdown between commercials and large reportables (mainly the funds) and see the same exact setup that we see under the newer COT reports. In the case of the newer reports, these swap dealers are heavily short alongside of what the CFTC considers to be the actual “Producer/Merchant/Processor/User” category. In effect, the PMPU category is a large net short and the Swap Dealers are also large net shorts. The Managed Money side of the equation are hugely and lopsidedly net longs with the other reportables (large specs) strongly net long as well. Basically we still have the same setup when it comes to gold – the specs are long and the commercials are still short, only with this distinction – that the swap dealers are on the same side of the market as the commercials. There is nothing to say that these swap dealers are any better judge of market fundamentals than any other well studied and informed speculative interest. What I might add however is that the managed money of today is no longer managed in the same sense that it once was where managers were experts on the supply/demand factors behind the various markets that they chose to invest in for their clients. Today’s managed money funds are algorithm driven and momentum chasers which is why anytime we see a build of large size on one side of a market that we need to be alert for any signs that momentum might be changing, either up or down. In the case of gold we are talking about upward momentum of course. As I mentioned in a previous post, just because the speculative community is pushing a market higher and has built a large position of size, does not imply that a reversal is ripe for happening. IT takes speculative power to drive markets higher and as long as the specs have an appetite for a market, that is healthy for a bull market. They can keep pushing and pushing and pushing for far longer than many shorts can sustain their trading accounts. What is important however is that when the specs have amassed a large position on one side of the market, a trigger event or a slowdown in upward momentum (more so in these days of momentum driven market madness), can send this crowd packing in a real hurry so a wise trader will take notice and be careful to observe any warning signs. My analysis of the current report shows these commercials with the largest outright short position that they have ever held with the specs holding the largest outright long position that is on record. What this means is that the bullion banks will be looking to scare the longs out in order to induce further liquidation and cause a setback in price. However, what they have working against them right now is that the Dollar is not cooperating and has not yet reached into oversold levels on the longer term charts. Additionally, China’s recent announcement related to gold and silver means that there will be buyers beneath the market who will strongly welcome any setbacks in price. The key in furthering gold’s advance is completely in the hands of the managed money or momentum funds who must not succumb to their usual habit of snatching defeat out of the jaws of victory . Keep an eye on the Dollar because that market is simply too large for the same players who infest the Comex to dominate it. The Forex markets are gargantuan in comparison to the tiny Comex market. The Dollar’s fundamentals are simply horrific and too many governments are looking for ways to cut their exposure to the US due to its profligate ways for any bull market in the Dollar to commence. All rallies in the Dollar are merely bear market blips that will not be sustained as willing sellers will most assuredly use rallies to unload or diversify. That is the dilemma faced by the price riggers at the Comex. For now, I would want to see gold find support above $1,000 on any price setbacks to avoid any deeper retracement in price. More specifically, any retreat down to that area, needs to find buyers to push it back up and away prior to the close of the pit session, since that is the mark that the technical analysis programs and algorithms still tend to key in on. Seasonally gold’s strongest period is ahead of it so that is working in its favor right now as opposed to the usual summer doldrums. Trader Dan

Sunday, September 20, 2009

What If Everyone in the World Wanted a 1-ounce Gold Coin?

What If Everyone in the World Wanted a 1-ounce Gold Coin? By Jeff Clark, Senior Editor, Casey’s Gold & Resource Report If we’re right about where the price of gold is headed, the general public will someday clamor to buy all things gold. While gold stocks will be where the real leverage is, the rush will start with gold itself. As a gold editor, I have a very natural question: is there enough to go around? According to the U.S. Census Bureau, there are 6.783 billion earthlings. Meanwhile, CPM Group, a highly respected industry organization, estimates there are 4.8 billion ounces of above-ground gold in the world. And this includes jewelry, electronics, and dental. So, even if everyone around the world volunteered to have their chain, cross, or tooth melted into a coin, we’re already short. Those towards the end of the line are out of luck. However, it’s worse than that. Of all the physical metal ever mined... 2.1 billion ounces, or 43%, is found in jewelry, decorative, and religious items. Private stock – gold already held by various private parties – accounts for 1.1 billion ounces. Official reserves (central banks, IMF, etc.) stand at 1 billion ounces. Industrial use accounts for 530 million ounces. Very little of this is likely to come available for purchase in coin form. After all, you’re not selling any of your gold, and neither are many banks or institutions. Most everyone is buying. So for those who don’t yet have a gold coin (or you greedy investors who want more than one), this pretty much leaves us with mine production and scrap sources. CPM forecasts that total new supply in 2009 will be around 122 million ounces. Only a small percentage of this is made into gold coins and bars, but if all of it were, it would amount to less than two one-hundredths of an ounce, or about half a gram, for every man, woman, and child on earth this year. A product of this dimension is about half the size of that small button on your shirt collar. Since this supply is only available annually, it means 0.018% of the global population – one in every 55 people – could buy a one-ounce gold coin this year. Or, said differently, it would take 55 years before everybody had one, assuming the population never increased (it is) and supply never decreased (it is). But it’s worse than that. Actual 2009 coin production will be around 5 million ounces (excluding medallions or “rounds”), leaving two one-hundredths of a gram of gold (or 0.3 of a grain) available this year for each of the planet’s inhabitants. This is about half the size of the sesame seed that fell off your hamburger bun at dinner last night. It means that only 0.0007% of earth’s citizens – or one in 1,356 – can buy a one-ounce gold coin this year, and it would take 1,356 years for everyone to get one. How’s that for a supply squeeze? But it’s worse than that. Demand continues rising. Gold is more frequently in the news, attracting more customers every day. Hedge funds, which never before considered gold, are now buying physical metal (Greenlight Capital actually sold $500 million of GLD and bought physical gold). Central banks are net buyers of gold for the first time in 22 years. China is running TV ads encouraging its citizens to buy gold and silver. Last month Russia bought more gold than they actually produced. In a recent survey, 20 out of 22 fund managers bought physical gold for their personal investments. In other words, some investors are already scrambling to get it… and in big quantities. But it’s worse than that. Most of the ramifications of the money printing and dollar debasement haven’t even surfaced yet. How will the general public react when the dollar is crashing and standards of living are threatened? What will they do when milk and gas prices surge to twice what they are now? How will the greater collective respond when they lose faith in government interventions? Where will they invest when they see gold and silver prices screaming upward and don’t want to be left behind? The panic into gold by the general public hasn’t begun yet. Available supply is scarce and will get smaller. There won’t be enough. Better get your speck while you can.

Saturday, September 19, 2009

TO HAVE GUV'MINT, OR NOT HAVE GUV'MINT...THAT IS THE QUESTION

Friday, September 18, 2009 The Epoch Battle of Our Time by Jacob G. Hornberger It seems as though every statist has his favorite health-care reform and, more important, is convinced that his particular reform is the one that is finally going to make socialism and interventionism succeed. I hate to burst anyone’s bubble, but it just ain’t gonna happen. Socialism and interventionism are inherently defective. They cannot be made to succeed. Even if the most brilliant set of minds comes up with the most brilliant health-care reform, the system will remain in chaos and crisis and, before long, people will once again be calling for reform and coming up with their favorite reform plans that they’re convinced will finally make the system work. The core reason why America’s health care is in such a mess is owing to socialism and interventionism. That’s what these people keep missing, and the reason they keep missing it is because they simply do not want to let go of their socialism and interventionism. They’re too committed to the idea that government should be involved in health care and, for that matter, most everything else. Thus, all their reform plans presume that socialism and interventionism are a given. No one is supposed to question the role of government in health care. Instead, everyone is supposed to just assume that socialism and interventionism are now a permanent feature in American life and come up with some silver-bullet reform that will finally make them work. Suppose a group of people start beating their heads against a wall, all day long, day in and day out. After a while, they begin suffering headaches. So, everyone decides to come up with reforms to cure the headaches. One reformer advises the group to pad the wall. Another reformer suggests taking pain relievers. Another recommends changing the position of the head. Everyone is convinced that his particular reform is ingenious and will succeed in stopping the headaches. Then, along comes a libertarian and says, “Actually, none of these reforms is going to work because they don’t get to the root of the problem.” His suggestion: “Stop beating your heads against the wall!” Immediately, the libertarian is hit with all sorts of vile and vituperative reactions: “You’re an extremist! You’re a radical! You’re whacky! We need reform, not eradication. Be practical. Join the mainstream and help us come up with the right reform to cure the headaches.” In one sense, social problems are much like medical problems. If the doctor gets the diagnosis wrong, he’s likely to get the prescription wrong. The same holds true for political and economic ailments that afflict the body politic. The health-care crisis is rooted in Medicare and Medicaid, government regulation of the health-care and insurance industries, tax-code incentives for employer-provided medical insurance, and medical licensure. Thus, there is but one solution to this mess: repeal all of those things. Don’t reform them. Don’t fix them. Just repeal them. Get government entirely out of the health-care business. Separate health care and state as fully and completely as our ancestors separated church and state. The health-care debate reflects the battle of our age — the battle between those of us who are fighting to restore economic liberty and free markets to our land and those who are battling to extend statism. As Ludwig von Mises stated, “No one can find a safe way out for himself if society is sweeping towards destruction. Therefore everyone, in his own interests, must thrust himself vigorously into the intellectual battle. None can stand aside with unconcern; the interests of everyone hang on the result. Whether he chooses or not, every man is drawn into the great historical struggle, the decisive battle into which our epoch has plunged us.” Jacob Hornberger is founder and president of The Future of Freedom Foundation.

Tuesday, September 15, 2009

ECONOMIC STIMULUS 101

CREDIT TO GOLDMELTER FOR THE ARTICLE Subject: Economic Stimulus 101 > > Sometime this year, we taxpayers may again receive an Economic > > Stimulus payment. This is a very exciting new program. > > > > I will explain it using the Q and A format: > > > > Q. What is an Economic Stimulus payment? > > > > A. It is money that the federal government will send to taxpayers. > > > > Q. Where will the government get this money? > > > > A. From taxpayers. > > > > Q. So the government is giving me back my own money? > > > > A. Only a smidgen. > > > > Q. What is the purpose of this payment? > > > > A. The plan is that you will use the money to purchase a high-definition TV set, thus stimulating the economy. > > > > Q. But isn't that stimulating the economy of China ? > > > > A. Shut up. > > > > Below is some helpful advice on how to best help the US > > economy by spending your stimulus check > > wisely: > > > > > > If you spend the stimulus money at Wal-Mart, the money will > > go to China . > > > > If you spend it on gasoline, your money will go to the Arabs. > > > > If you purchase a computer, it will go to India . > > > > If you purchase fruit and vegetables, it will go to Mexico ,Honduras and > > Guatemala .. > > > > If you buy a car, it will go to Japan . > > > > If you purchase useless stuff, it will go to Taiwan . > > > > If you pay your credit cards off, or buy stock, it will go > > to management bonuses and they will hide it offshore. > > > > Instead, keep the money in America by: > > > > 1 spending it at yard sales > > > > 2 going to ball games > > > > 3 spending it on prostitutes > > > > 4 beer > > > > 5 tattoos. > > (These are the only American businesses still operating in the US .) > > > > I'm going to go to a ball game with a tattooed > > prostitute that I met at a yard sale and we're going to > > drink beer all day! > > > > FUN TIMES!

Sunday, September 13, 2009

FIREARMS REFRESHER COURSE

FIREARMS REFRESHER COURSE CREDIT TO GOLDMELTER FOR THE ARTICLE 1. "Those who hammer their guns into plows will plow for those who do not." ~Thomas Jefferson 2. Those who trade liberty for security have neither. ~John Adams 3. Free men do not ask permission to bear arms. 4. An armed man is a citizen. An unarmed man is a subject. 5. Only a government that is afraid of its citizens tries to control them. 6. Gun control is not about guns; it's about control. 7. You only have the rights you are willing to fight for. 8. Know guns, know peace, know safety. No guns, no peace, no safety. 9. You don't shoot to kill; you shoot to stay alive. 10. Assault is a behavior, not a device. 11. 64,999,987 legal firearms owners killed no one yesterday. 12. The United States Constitution (c) 1791. All Rights Reserved. 13. The Second Amendment is in place in case the politicians ignore the others. 14. What part of 'shall not be infringed' do you NOT understand? 15. Guns have only two enemies; rust and politicians. 16. When you remove the people's right to bear arms, you create slaves. 17. The American Revolution would never have happened with gun control. IF YOU AGREE, PASS THIS 'REFRESHER' ON TO OTHER FREE CITIZENS.

The Destruction of the US Empire

http://dailyreckoning.com/the-destruction-of-the-us-empire/ BY BILL BONNER OF THEDAILYRECKONING.COM One of the best, and most humorous, of all financial writers. Read EVERYTHING that Bill Bonner writes and you will become well-versed, historically competent, and confident that you understand how we got to where we are, and a good insight into where we are going...financially...and culturally.

Gold and Freedom

Gold and Freedom, Part 2 by Jacob G. Hornberger, Posted September 11, 2009 http://www.fff.org/freedom/fd0905a.asp

THE REAL ISSUE IS FREEDOM FROM GUV'MINT

Friday, September 11, 2009 Faith in Freedom by Jacob G. Hornberger Whenever libertarians suggest that America’s socialist programs should be immediately repealed, rather than reformed or gradually reduced, statists inevitably react with shock and horror. The statists feel that Americans could never survive if their welfare-state dole was suddenly ended. What would happen if public schooling, Social Security, Medicare, Medicaid, farm subsidies, education grants, income taxation, and all other welfare-state programs were suddenly eliminated today? According to the statists, thousands of people would be dying of starvation and illness in the streets and the nation would quickly fill up with dumb, uneducated people. Nothing could be further from the truth. Actually, it would be the exact opposite. There would immediately be a tremendous outburst of creative energy, enterprise, prosperity, and charity throughout American society. Consider 19th-century American slaves who picked cotton on some Southern plantation. In a sense, they lived under a welfare program. While they were required to work hard, they had free housing, food, clothing, retirement, and health care provided to them by their employer. Their job skills were limited to picking cotton. Since work was mandated, they had not developed a work ethic that required them to voluntarily be at work on time. Moreover, they certainly had not acquired any skills in running their own businesses. They had lived like this for generations. Undoubtedly, some people in the 1800s argued that it would be cruel and brutal to free the slaves all at once. How would they survive, especially after several generations of life on the dole, with no real job skills, work ethic, and business experience? If the slaves were freed all at once and, therefore, no longer guaranteed the basic essentials of life, thousands of them would surely starve to death. They wouldn’t even have a few cents in savings to get them through a couple of weeks. Yet, when Lee surrendered to Grant at Appomattox, that’s precisely what happened. Slaves were freed all at once. No gradualism. No weaning. They were suddenly deprived of their guaranteed housing, clothing, food, health care, and job. They were suddenly on their own. While life was difficult for them, just as it was difficult for lots of people after the war, there were no mass deaths from starvation or from being deprived of health care or other essentials. The freeing of the slaves showed the remarkable resiliency of human beings. Some of them opened businesses, others went to work for businesses. Over time, some of the former slaves even began outcompeting whites, which was why whites began enacting Jim Crow laws. Another example was Franklin Roosevelt’s fascist National Industrial Recovery Act, which converted American industries into cartels that had the power to set their own prices. More and more people began realizing what a horrible disaster this program was for America, but the argument was that the NIRA had become too entrenched in the American economy to suddenly end it. Millions of Americans, both producers and consumers had become dependent on the NIRA and, therefore, people felt that if it were to be ended, it should be done gradually. One day, the Supreme Court declared the NIRA unconstitutional. On that day, the program suddenly ended. It’s as if the Court had pushed a magic button that immediately eradicated the law. The result? An outburst of creative energy and prosperity from having this fascist burden suddenly lifted off the American economy. The third example involves the extensive wage-and-price controls that the Allied Powers levied on Germany after World War II. Germans wanted them lifted but the Allies said that since people had become so dependent on them, there would be chaos if they were suddenly lifted. One day, and much to the chagrin of the Allied leaders, the German leader Ludwig Ehard suddenly announced that the controls were lifted. That was the start of the post-war German “economic miracle.” The best thing that could ever happen to the American people is to have all welfare-state programs repealed, immediately. Given the resiliency of human beings, there is no doubt that there would be a tremendous outburst of creative energy, prosperity, and charity. The problem we face is that all too many Americans just don’t believe it. Given the decades of dependency on the welfare state, Americans have lost their sense of self-reliance and self-esteem. Thus, the problem we face in our day is not only economic and political in nature but also psychological in nature. To get our nation back on the right track, we libertarians have the task of not only showing people that economic liberty and free markets are moral and that they work, we must also inspire people to restore their faith in themselves, in others, in freedom, in free markets, and in God. Jacob Hornberger is founder and president of The Future of Freedom Foundation.

Saturday, September 12, 2009

ON THE HEALTHCARE REFORM DEBATE FROM RON PAUL'S CAMPAIGN FOR LIBERTY

September 10, 2009 Dear Friend of Liberty, Last night, President Obama made it clear he intends to push hard for a government-run Health Control system. His plans, if enacted, will result over time in either a complete government takeover of Health Care, or the total destruction of any meaningful private system. Now is the time for us to raise our voices and insist Congress vote "NO" to this government power grab. Make no mistake, the Obama plan will cause the price of insurance to skyrocket even further by increasing payouts and other costs of doing business, putting many more Americans in the position of having to drop their coverage. One plan currently being considered in the Senate would impose a $3,800 fine on families who refuse to get health insurance. Health insurance will no longer be a free choice in our country. President Obama has long advocated a universal, single-payer system, and that is the ultimate goal of enacting this so-called "reform" package. In regards to his deficit-neutral promise, the Congressional Budget Office has already stated (GO HERE: http://cboblog.cbo.gov/?p=332) that HR 3200 will add over $200 billion to the deficit over the next ten years, and Social Security, Medicare, and Medicaid are already trillions of dollars in the red. Are we really expected to believe that yet another government program on top of all these will save money? And, hidden throughout the over 1000 pages that make up this bill are even more "goodies" for the allies of Big Government, such as a massive payoff to Big Labor, who will reap millions of new forced union dues and wield unprecedented power over government and "private" health care as reported (GO HERE: http://online.wsj.com/article/SB10001424052970203440104574400571702189240.html) in The Wall Street Journal. President Obama has repeatedly stated that we cannot deal with the rising cost of health care by maintaining the status quo. I wholeheartedly agree. We must acknowledge that the root cause of the health care crisis in this country is government interference (GO HERE: http://www.campaignforliberty.com/blog.php?view=24061). Of course, many in the insurance industry have taken full advantage of their lobbying power and monopolies, but they have been able to do this because of the government. It is government that prohibits individuals from being able to shop across state lines for insurance. It is government that imposes thousands of mandates on insurance providers. It is government that created HMOs in the 1970s. It is government that has skewed (GO HERE: http://www.campaignforliberty.com/blog.php?view=23690) the market to prop up third party payers. Simply put, the problems with health care in America are TOO MUCH government interference already. The solution is to lessen government control - NOT give them more power! The Council for Affordable Health Insurance has identified a total of 2,133 mandated benefits and providers currently required by state legislatures, mandates they estimate increase the cost of basic coverage from around 20% to as high as possibly 50%. Read their report here: http://www.cahi.org/cahi_contents/resources/pdf/HealthInsuranceMandates2009.pdf If the president thinks we can pay for his plan through saving billions of dollars by eliminating waste and abuse in Medicare and Medicaid, then why don't we clean out those systems now and return that money through tax cuts to the American taxpayer, providing them extra funds to buy insurance if they want it? Both major parties believe the answer to our health care crisis is through government intervention. They only differ in the degree of that intervention. It's time to choose freedom. Americans should be free to shop across state lines for health insurance, to easily go outside the country for cheaper medications, and to buy health insurance without being taxed on it. Congress should give Americans control over their health care by giving them control over their health care dollar via tax credits and deductions similar to those outlined in Congressman Ron Paul's Comprehensive Health Care Reform Act (HR 1495). And Congress should protect privacy rights by allowing patients and physicians to opt-out of any government-mandated or funded system of electronic health care records, and by repealing the federal law creating an "unique patient identifier" by adopting the policies contained in Congressman Ron Paul's Protect Patients and Physicians Privacy Act (HR 2630). Tell Congress today that you oppose cementing the status quo of government care. Urge your representative and senators to oppose HR 3200 and all other bills that would take control over your health care out of your hands. Click here to sign our petition: http://www.campaignforliberty.com/campaigns/obama-healthcare.php?projid=66 President Obama ran on a platform of hope and change, but his policies have proved to be not only more of the same, but a fresh stamp of approval on the ways things have been done for the last thirty years. Real reform starts with freedom, and real hope for America means upholding its founding principle of self-determination. In Liberty, John Tate President

Wednesday, September 9, 2009

Obama Unleashes Feared And Crushing “Tytler Cycle” Upon America

YOU ALL MUST READ THIS ARTICLE AND ALL THE LINKS WITHIN IT. http://www.whatdoesitmean.com/index1272.htm THIS ONE TELLS YOU HOW WE GOT TO WHERE WE ARE NOW AND WHO DID IT, AND IS CONTINUING TO DO IT TO US. ALL YOU CAN DO NOW IS TO FIGHT BACK WITH EVERYTHING YOU HAVE TO POSTPONE YOUR INEVITABLE DEATH AT THEIR HANDS. THIS IS THE REAL DEAL.... http://www.whatdoesitmean.com/index1272.htm The Tytler Cycle is a theory of democracies formulated by the Scottish historian Alexander Tytler that states: “A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship. The average age of the world's greatest civilizations from the beginning of history has been about 200 years. During those 200 years, these nations always progressed through the following sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to complacency; From complacency to apathy; From apathy to dependence; From dependence back into bondage.” And at 233-years-old since its declaration of independence from the British Empire, the United States falls perfectly into the Tytler Cycle parameters predicting it being on the very cusp of becoming a dictatorship that will enslave its peoples and force upon them a totalitarian fascist police state modeled on that of the former German Nazi Empire headed by the charismatic speaker, Adolph Hitler.

QUOTE TO THINK ABOUT

An imbalance between rich and poor is the oldest and most fatal ailment of all Republics. ~ Plutarch (circa 45 - 125 A.D.)

Japan Joins Chinese Assault Against West, Vows To “Destroy” America

http://www.whatdoesitmean.com/index1271.htm You'd best read this one and the links in it as we are only about two months from total collapse.

Sunday, September 6, 2009

For more hard-pressed Americans, a campsite is home

http://features.csmonitor.com/economyrebuild/2009/08/31/for-more-hard-pressed-americans-a-campsite-is-home/ Camp grounds and tent cities become permanent addresses. By Patrik Jonsson | Staff writer/ August 31, 2009 edition

U.S. Dollar Will Weaken, Currency Crash Possible, Roubini Says

U.S. Dollar Will Weaken, Currency Crash Possible, Roubini Says By Sonia Sirletti and Jeffrey Donovan Sept. 4 (Bloomberg) -- The dollar will weaken and the U.S. risks seeing a crash of the currency unless it does more to control the deficit and reduce debt, said New York University Professor Nouriel Roubini, who predicted the financial crisis. “If markets were to believe, and I’m not saying it’s likely, that inflation is going to be the route that the U.S. is going to take to resolve this problem, then you could have a crash of the value of the dollar,” Roubini said in an interview today in Cernobbio, Italy. “The value of the dollar over time has to fall on a trade-weighted basis, but not necessarily relative to euro and yen.” Roubini said he didn’t see a risk of a dollar crash in the “‘short term.” The value of the U.S. currency relative to currencies such as the yen or the euro “cannot change too much compared to current levels because if the dollar were to weaken a lot and the euro strengthen a lot, that’s going to warp any chance for the European economy to recover, same argument as to the yen,” he said. “Most of the adjustment of the dollar in the future has to occur relative to China, relative to emerging Asia and relative to some of the other commodity exporters in the world, whether these are advanced economies or emerging markets,” he said. Foreign creditors need assurances that the U.S. will address its deficit, Roubini said. “Unless in the medium term these issues of fiscal sustainability are addressed, and unless we mop up that excess liquidity from the financial system, eventually the financial markets and the foreign creditors of the United States might get more concerned about the sustainability of the U.S. fiscal deficit and about the U.S. being tempted to use the inflation tax as a way of resolving its private and public debt problems,” he said. To contact the reporters on this story: Sonia Sirletti in Milan at ssirletti@bloomberg.net; Jeffrey Donovan in Rome at jdonovan26@bloomberg.net Last Updated: September 4, 2009 09:13 EDT