Posts Tagged ‘federal reserve’

Manning The Barricades for Virtue and America

Sunday, July 3rd, 2011

Written on July 2, 2011 by Floyd Brown

This a Fourth of July we are reflecting on the Founding Father’s intensive study of the Roman civilization. Knowing history, they embraced Rome’s virtues and eschewed her vices. The Founders understood the currents of history which gave us a collective heritage unrivaled. Sadly, we as a nation are turning our backs on the morality that made America special.

The country has convulsed in the past 30 years as a new modern morality has supplanted the currents of culture built nearly two thousand years ago along the shores of Galilee. This new culture is not yet fully defined, but we stand horrified as we peer into the future.

The culture of the Roman world was brutal and nasty. Ironically, we see its worst practices reviving with vigor. Please give us a moment as we recount a history seldom taught today’s students.

The Roman Empire had a twisted view about the value of human life. These views were banished by the ascendency of Christ’s teaching. Infanticide was both legal and encouraged in ancient Rome. Pagan societies, such as the Carthaginians, Romans and Greeks went so far as to kill their children outside the womb, sometimes as a religious sacrifice to their gods. According to Plutarch, the Carthaginians “offered up their own children, and those who had no children would buy little ones from poor people and cut their throats as if they were so many lambs of young birds; meanwhile the mothers stood by without a tear or moan.”

We see a modern American society which looks at children as a burden, and a generation of mothers who have decided by their own “choice” to sacrifice a generation. Population control is now an international objective.

Roman views on homosexuality were closer to today’s views than many realize. Pundit Nathaniel Blake characterizes it this way: “But, the Roman conception of same-sex relationships was very different than that of the modern West. The most important factors in the Roman view seem to have been the status and role of the partners. The Romans did not consider homosexual or heterosexual identities as exclusive from one another. While bisexuality was common, strict homosexuality was all but unknown. Unlike the modern view, social class mattered a great deal in the acceptability of homosexual relations. The upper classes were much more likely to indulge in homosexual acts, and masters had the sexual use of their slaves.” It was common to see an older man who held dominance over a younger male, using him for sexual pleasure.

It was not until the teachings of Christ and Saint Paul conquered Rome and Western Europe that sodomy was outlawed. But alas much has changed. Now sodomy is once again legal, and some states believe these acts deserve celebration in the most public of ceremonies, the wedding.

Finally, we see the debasement of money and profligacy of the state. Today taxpayers fund stadiums for the “games.” Roman emperors don’t hold a candle to the US Congress and the Federal Reserve in the looting of the public coffers and destruction of money.

In this, Roman Emperor Caracalla comes to mind. In addition to murdering his brother, Caracalla is mostly remembered for granting Roman citizenship to every Freeman in the empire. Caracalla’s goal was to broaden the tax base to pay for his extravagant spending. He raised the inheritance tax so he could double public salaries and win the allegiance of the legions. His public works are still on display today. If you visit Rome, you can see the ruins of the gigantic “Baths of Caracalla.”

His final contribution rivals the Federal Reserve. The silver denarius was an innovation in sound money introduced by Emperor Augustus. It was 95 percent silver like America’s pre- 1964 coinage, and the denarius lead to greatly improved honest trade around the empire. Caracalla, in his drive to increase spending, changed it to a coin with only 50 percent silver.

It took later emperors to debase it as far as the Federal Reserve has debased America’s currency. By 268 AD the denarius was only 0.5 percent silver. The result was predictable, as prices rose throughout the empire by up to 1,000 percent. Soon the “barbarians” hired by the emperor as mercenaries would not accept the denarius as payment, and insisted on being paid in gold.

Such manipulations by Roman leaders are legendary, but Americans who fail to understand history are doomed to repeat it. The moral and financial collapse of Rome lead to a renaissance of morality and the “Christian Era.” We can only hope that the accelerating American collapse leads to a return of the time tested honest culture that celebrates life, prudently shuns sexual immorality, and with commerce flourishing after a return to honest money.

But until that day arrives, we will continue to fight for these virtues until our last breath.

©2011 Floyd and Mary Beth Brown. The Browns are bestselling authors and speakers. To comment on this column, e-mail browns@caglecartoons.com. Together they write a national weekly column distributed exclusively by Cagle Cartoons newspaper syndicate. Floyd is also president of the Western Center for Journalism. For more info call Cari Dawson Bartley at 800 696 7561 or e-mail cari@cagle.com.

Floyd’s latest book is “Killing Wealth, Freeing Wealth,” from WND Books. Time magazine wrote of Floyd: “Brown has stature among devoted conservatives that almost matches his physical heft (6 ft. 6 in. and 240 lbs.)” See more at Floyd’s blog at floydreports.com.
The Patriot Update

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Glenn Beck meets The Creature from Jekyll Island

Wednesday, March 30th, 2011

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12 Warning Signs of U.S. Hyperinflation

Sunday, March 27th, 2011

One of the most frequently asked questions we receive at the National Inflation Association (NIA) is what warning signs will there be when hyperinflation is imminent. In our opinion, the majority of the warning signs that hyperinflation is imminent are already here today, but most Americans are failing to properly recognize them. NIA believes that there is a serious risk of hyperinflation breaking out as soon as the second half of this calendar year and that hyperinflation is almost guaranteed to occur by the end of this decade.

In our estimation, the most likely time frame for a full-fledged outbreak of hyperinflation is between the years 2013 and 2015. Americans who wait until 2013 to prepare, will most likely see the majority of their purchasing power wiped out. It is essential that all Americans begin preparing for hyperinflation immediately.

Here are NIA’s top 12 warning signs that hyperinflation is about to occur:

1. The Federal Reserve is Buying 70% of U.S. Treasuries. The Federal Reserve has been buying 70% of all new U.S. treasury debt. Up until this year, the U.S. has been successful at exporting most of its inflation to the rest of the world, which is hoarding huge amounts of U.S. dollar reserves due to the U.S. dollar’s status as the world’s reserve currency. In recent months, foreign central bank purchases of U.S. treasuries have declined from 50% down to 30%, and Federal Reserve purchases have increased from 10% up to 70%. This means U.S. government deficit spending is now directly leading to U.S. inflation that will destroy the standard of living for all Americans.

2. The Private Sector Has Stopped Purchasing U.S. Treasuries. The U.S. private sector was previously a buyer of 30% of U.S. government bonds sold. Today, the U.S. private sector has stopped buying U.S. treasuries and is dumping government debt. The Pimco Total Return Fund was recently the single largest private sector owner of U.S. government bonds, but has just reduced its U.S. treasury holdings down to zero. Although during the financial panic of 2008, investors purchased government bonds as a safe haven, during all future panics we believe precious metals will be the new safe haven.

3. China Moving Away from U.S. Dollar as Reserve Currency. The U.S. dollar became the world’s reserve currency because it was backed by gold and the U.S. had the world’s largest manufacturing base. Today, the U.S. dollar is no longer backed by gold and China has the world’s largest manufacturing base. There is no reason for the world to continue to transact products and commodities in U.S. dollars, when most of everything the world consumes is now produced in China. China has been taking steps to position the yuan to be the world’s new reserve currency.

The People’s Bank of China stated earlier this month, in a story that went largely unreported by the mainstream media, that it would respond to overseas demand for the yuan to be used as a reserve currency and allow the yuan to flow back into China more easily. China hopes to allow all exporters and importers to settle their cross border transactions in yuan by the end of 2011, as part of their plan to increase the yuan’s international role. NIA believes if China really wants to become the world’s next superpower and see to it that the U.S. simultaneously becomes the world’s next Zimbabwe, all China needs to do is use their $1.15 trillion in U.S. dollar reserves to accumulate gold and use that gold to back the yuan.

4. Japan to Begin Dumping U.S. Treasuries. Japan is the second largest holder of U.S. treasury securities with $885.9 billion in U.S. dollar reserves. Although China has reduced their U.S. treasury holdings for three straight months, Japan has increased their U.S. treasury holdings seven months in a row. Japan is the country that has been the most consistent at buying our debt for the past year, but that is about the change. Japan is likely going to have to spend $300 billion over the next year to rebuild parts of their country that were destroyed by the recent earthquake, tsunami, and nuclear disaster, and NIA believes their U.S. dollar reserves will be the most likely source of this funding. This will come at the worst possible time for the U.S., which needs Japan to increase their purchases of U.S. treasuries in order to fund our record budget deficits.

5. The Fed Funds Rate Remains Near Zero. The Federal Reserve has held the Fed Funds Rate at 0.00-0.25% since December 16th, 2008, a period of over 27 months. This is unprecedented and NIA believes the world is now flooded with excess liquidity of U.S. dollars.

When the nuclear reactors in Japan began overheating two weeks ago after their cooling systems failed due to a lack of electricity, TEPCO was forced to open relief valves to release radioactive steam into the air in order to avoid an explosion. The U.S. stock market is currently acting as a relief valve for all of the excess liquidity of U.S. dollars. The U.S. economy for all intents and purposes should currently be in a massive and extremely steep recession, but because of the Fed’s money printing, stock prices are rising because people don’t know what else to do with their dollars.

NIA believes gold, and especially silver, are much better hedges against inflation than U.S. equities, which is why for the past couple of years we have been predicting large declines in both the Dow/Gold and Gold/Silver ratios. These two ratios have been in free fall exactly like NIA projected.

The Dow/Gold ratio is the single most important chart all investors need to closely follow, but way too few actually do. The Dow Jones Industrial Average (DJIA) itself is meaningless because it averages together the dollar based movements of 30 U.S. stocks. With just the DJIA, it is impossible to determine whether stocks are rising due to improving fundamentals and real growing investor demand, or if prices are rising simply because the money supply is expanding.

The Dow/Gold ratio illustrates the cyclical nature of the battle between paper assets like stocks and real hard assets like gold. The Dow/Gold ratio trends upward when an economy sees real economic growth and begins to trend downward when the growth phase ends and everybody becomes concerned about preserving wealth. With interest rates at 0%, the U.S. economy is on life support and wealth preservation is the focus of most investors. NIA believes the Dow/Gold ratio will decline to 1 before the hyperinflationary crisis is over and until the Dow/Gold ratio does decline to 1, investors should keep buying precious metals.

6. Year-Over-Year CPI Growth Has Increased 92% in Three Months. In November of 2010, the Bureau of Labor and Statistics (BLS)’s consumer price index (CPI) grew by 1.1% over November of 2009. In February of 2011, the BLS’s CPI grew by 2.11% over February of 2010, above the Fed’s informal inflation target of 1.5% to 2%. An increase in year-over-year CPI growth from 1.1% in November of last year to 2.11% in February of this year means that the CPI’s growth rate increased by approximately 92% over a period of just three months. Imagine if the year-over-year CPI growth rate continues to increase by 92% every three months. In 9 to 12 months from now we could be looking at a price inflation rate of over 15%. Even if the BLS manages to artificially hold the CPI down around 5% or 6%, NIA believes the real rate of price inflation will still rise into the double-digits within the next year.

7. Mainstream Media Denying Fed’s Target Passed. You would think that year-over-year CPI growth rising from 1.1% to 2.11% over a period of three months for an increase of 92% would generate a lot of media attention, especially considering that it has now surpassed the Fed’s informal inflation target of 1.5% to 2%. Instead of acknowledging that inflation is beginning to spiral out of control and encouraging Americans to prepare for hyperinflation like NIA has been doing for years, the media decided to conveniently change the way it defines the Fed’s informal target.

The media is now claiming that the Fed’s informal inflation target of 1.5% to 2% is based off of year-over-year changes in the BLS’s core-CPI figures. Core-CPI, as most of you already know, is a meaningless number that excludes food and energy prices. Its sole purpose is to be used to mislead the public in situations like this. We guarantee that if core-CPI had just surpassed 2% and the normal CPI was still below 2%, the media would be focusing on the normal CPI number, claiming that it remains below the Fed’s target and therefore inflation is low and not a problem.

The fact of the matter is, food and energy are the two most important things Americans need to live and survive. If the BLS was going to exclude something from the CPI, you would think they would exclude goods that Americans don’t consume on a daily basis. The BLS claims food and energy prices are excluded because they are most volatile. However, by excluding food and energy, core-CPI numbers are primarily driven by rents. Considering that we just came out of the largest Real Estate bubble in world history, there is a glut of homes available to rent on the market. NIA has been saying for years that being a landlord will be the worst business to be in during hyperinflation, because it will be impossible for landlords to increase rents at the same rate as overall price inflation. Food and energy prices will always increase at a much faster rate than rents.

8. Record U.S. Budget Deficit in February of $222.5 Billion. The U.S. government just reported a record budget deficit for the month of February of $222.5 billion. February’s budget deficit was more than the entire fiscal year of 2007. In fact, February’s deficit on an annualized basis was $2.67 trillion. NIA believes this is just a preview of future annual budget deficits, and we will see annual budget deficits surpass $2.67 trillion within the next several years.

9. High Budget Deficit as Percentage of Expenditures. The projected U.S. budget deficit for fiscal year 2011 of $1.645 trillion is 43% of total projected government expenditures in 2011 of $3.819 trillion. That is almost exactly the same level of Brazil’s budget deficit as a percentage of expenditures right before they experienced hyperinflation in 1993 and it is higher than Bolivia’s budget deficit as a percentage of expenditures right before they experienced hyperinflation in 1985. The only way a country can survive with such a large deficit as a percentage of expenditures and not have hyperinflation, is if foreigners are lending enough money to pay for the bulk of their deficit spending. Hyperinflation broke out in Brazil and Bolivia when foreigners stopped lending and central banks began monetizing the bulk of their deficit spending, and that is exactly what is taking place today in the U.S.

10. Obama Lies About Foreign Policy. President Obama campaigned as an anti-war President who would get our troops out of Iraq. NIA believes that many Libertarian voters actually voted for Obama in 2008 over John McCain because they felt Obama was more likely to end our wars that are adding greatly to our budget deficits and making the U.S. a lot less safe as a result. Obama may have reduced troop levels in Iraq, but he increased troops levels in Afghanistan, and is now sending troops into Libya for no reason.

The U.S. is now beginning to occupy Libya, when Libya didn’t do anything to the U.S. and they are no threat to the U.S. Obama has increased our overall overseas troop levels since becoming President and the U.S. is now spending $1 trillion annually on military expenses, which includes the costs to maintain over 700 military bases in 135 countries around the world. There is no way that we can continue on with our overseas military presence without seeing hyperinflation.

11. Obama Changes Definition of Balanced Budget. In the White House’s budget projections for the next 10 years, they don’t project that the U.S. will ever come close to achieving a real balanced budget. In fact, after projecting declining budget deficits up until the year 2015 (NIA believes we are unlikely to see any major dip in our budget deficits due to rising interest payments on our national debt), the White House projects our budget deficits to begin increasing again up until the year 2021. Obama recently signed an executive order to create the “National Commission on Fiscal Responsibility and Reform”, with a mission to “propose recommendations designed to balance the budget, excluding interest payments on the debt, by 2015″. Obama is redefining a balanced budget to exclude interest payments on our national debt, because he knows interest payments are about to explode and it will be impossible to truly balance the budget.

12. U.S. Faces Largest Ever Interest Payment Increases. With U.S. inflation beginning to spiral out of control, NIA believes it is 100% guaranteed that we will soon see a large spike in long-term bond yields. Not only that, but within the next couple of years, NIA believes the Federal Reserve will be forced to raise the Fed Funds Rate in a last-ditch effort to prevent hyperinflation. When both short and long-term interest rates start to rise, so will the interest payments on our national debt. With the public portion of our national debt now exceeding $10 trillion, we could see interest payments on our debt reach $500 billion within the next year or two, and over $1 trillion somewhere around mid-decade. When interest payments reach $1 trillion, they will likely be around 30% to 40% of government tax receipts, up from interest payments being only 9% of tax receipts today. No country has ever seen interest payments on their debt reach 40% of tax receipts without hyperinflation occurring in the years to come.

It is important to spread the word about NIA to as many people as possible, as quickly as possible, if you want America to survive hyperinflation. Please tell everybody you know to become members of NIA for free immediately at: http://inflation.us
National Inflation Association 2011 March 26

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Reality Zone Unfiltered News 2011 March 19-25

Saturday, March 26th, 2011

Japan’s Prime Minister has announced there is a breach or uncontrolled release of radiation. It is believed that this is in Fukushima reactor #3, the one that contains plutonium. There are 3 raging meltdowns in progress, one spent fuel pond open to the air, and hydrogen gas explosions.
Yahoo Mar 25

NATO is waffling on participating (military and financial) for the UN-approved attacks on Libya.  That means the US likely will not make a quick exit as promised.
Yahoo 2011 Mar 25 (Cached)

Syrian government security forces have reportedly killed 24 protesters and wounded many others.
CNN 2011 Mar 25 (Cached)

Tokyo tap water tests two times above safe radioactive limits for infants. Vegetables and milk also are contaminated.
Globe and Mail 2011 Mar 23 (Cached)

US: George Soros is sponsoring a major international conference to reform the world’s currency systems, which means to create a one-world fiat money controlled by a world central bank. He claims that capitalism is the enemy of an open society. He hopes this will become as important for the future of money as the 1944 Bretton Woods conference that led to the creation of the IMF and World Bank.
BMI 2011 Mar 23 (Cached)

War in Libya already has cost U.S. taxpayers “hundreds of millions” of dollars.
AOL News 2011 Mar 23 (Cached)

Germany set to abandon nuclear energy in favor of “renewable” energy. [Renewable energy is what financially devastated Spain. Germany derives 23% of its electricity from nuclear power plants. Energy prices will soar, and Germany's economy will collapse as a result of this decision.]
Yahoo 2011 Mar 23 (Cached)

Richard Fine has exposed Los Angeles judges’ who have accepted bribes to throw cases in favor of LA County and now is disqualifying them one-by-one. He estimates that 90% of California judges have taken illegal money. This video and accompanying article show how you can disqualify corrupt judges and, if you have paid unfair fines or damages, get your money back.
FDN 2011 Mar 22


Fox News fabricated a story of Gaddafi using reporters as human shields. The purpose of the hoax was to sell the Lybian war to the American people.
Prison Planet 2011 Mar 22 (Cached)

US: Caught on tape: Former official of the Service Employees Union reveals secret plan to destroy JP Morgan, crash the stock market, and redistribute wealth in America.
Business Insider 2011 Mar 22 (Cached)

US: Judge Napolitano and Ron Paul discuss the war on Libya and Obama’s allegiance to internationalism.
YouTube 2011 Mar 22

Dallas Federal Reserve president says the country is at the tipping point of insolvency.
CNBC 2011 Mar 22 (Cached)

Gulf oil spill may have a new leak as an unidentified substance has been spotted discoloring the water. The government says the slick is 5 miles wide, but a witness says it extends 100 miles.
DailyMail 2011 Mar 21 (Cached)


DON’T FIGHT CITY HALL WHEN YOU CAN BE CITY HALL
Stop complaining and RUN FOR OFFICE.
SUNDAY MARCH 27: NEXT TRAINING CALL
Topic: Planning the Campaign
Click here for details

Japan: Whistleblower nuclear engineer who helped design nuclear containment vessels has criticized the Japanese government, the nuclear industry, and regulators over their safety record. He alleges that profits were more important than safety.
ABC News 2011 Mar 21 (Cached)

US: What’s the Constitution? Don’t bother asking 70% of Americans- they don’t know basic facts about their country. [Those facts were dropped from public school curricula decades ago by internationalist-mined social engineers who dreamed of the day when America would be merely a small part of the New World Order.]
DailyMail 2011 Mar 21 (Cached)

US: Liberty dollar creator, Bernard von Nothaus, has been convicted of counterfeiting because he minted silver coins that resembled U.S. coins. He may face up to 25 years in prison.
Yahoo 2011 Mar 20 (Cached)

Brazil: Police fire rubber bullets and tear gas on protesters against Obama’s visit. His next stop is Chile, and he’s not popular there, either.
DailyMail 2011 Mar 20 (Cached)

Tennessee nullifies Obamacare’s mandatory-insurance provision, and it is signed into law. [The state did not nullify Obamacare in its entirety, but this is a start. Let's hope they don't stop there. The entire thing is unconstitutional and fiscally irresponsible.]
TAC 2011 Mar 19 (Cached)

Before you post any photos from your SmartPhone on the internet, you will want to watch this clip showing how they contain GPS data that enables stalkers to pinpoint exactly where you and your children live and play. It also shows how to prevent this.
YouTube Posted 2010 Nov 19

US: Center for Disease Control plans a 5-year study of the link between autism and mercury in vaccines. They also will focus on environmental factors. [For many years, the CDC has been a protective arm of the pharmaceutical industry. It is inconceivable that it would link toxic additives in vaccines to autism. The reason for a 5-year study is to allow the industry to continue making a killing – literally. Finally, the CDC will report that no link has been found. Any bets to the contrary?]
Huffington Post Posted 2011 Mar 19 (Cached)

EU leaders are supporters of GMO crops and are plotting to overcome opposition from member states. Their latest ploy is diabolical. They propose to allow member states to reject GMO crops (that’s good) but they will not be allowed to reject them on the basis of health or environment issues. Those issues, of course, are the primary reasons to reject them.
Reuters Posted 2011 Mar 19 (Cached)

Ron Paul comments on Obama’s new illegal war against Libya and the “authority” granted by the UN for the war that the US taxpayers will bankroll. He says that these wars and other illegal acts will end only when we follow the Constitution.
DailyPaul Posted 2011 Mar 19

US Drone kills 36 more people in Pakistan, as that country decries the act. Drone strikes there have increased from 33 in 2008 to 118 in 2010. Obama, the peace candidate, has escalated military activity in both Pakistan and Afghanistan.
McClatchey Posted 2011 Mar 19 (Cached)

This video clip explains how terrorists from Saudi Arabia were given U.S. visas by the U.S. State Department without normal interviews and background checks. This was a special “fast-track” program created just for Saudi Arabia. 15 of the 19 hijackers on 9/11 came into the U.S. through this program. [Bin Ladin didn't do this. The State Department did.]
YouTube Posted 2011 Mar 19

Monsanto and two of India’s government agricultural agencies are caught planting GMO corn illegally.
Times of India Posted 2011 Mar 19 (Cached)

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ANALYSIS

Reports and commentaries that look beyond the news to identify historical facts and trends that must be understood to place the news into perspective. This is our “think-tank” section that makes it possible to anticipate future events.

Middle East protests have been linked to Western influence and funding and is believed to be controlled opposition. If this is true, the international power elites will replace these toppled governments with new rulers who will do their bidding.
Activist Post 2011 Mar 25 (Cached)

UN nuclear bank is proposed and partially funded by Warren Buffett. In the name of protecting the world from nuclear war, it will put control over nuclear energy and weapons into the hands of the global elites.
MorphCity 2011 Mar 24 (Cached)

Doctor explains how to protect against radiation. Very complete overview.
FortifyHealth 2011 Mar 20 (Cached)

Precious metals and sound money are making a comeback. Thirteen states currently have sound-money legislation pending. Self reliance by individuals, communities, and states is on the rise.
NeitherCorp 2011 Mar 15 (Cached)

Union Myths: This is an excellent analysis of how unions, with support of the Obama Administration, are trying to take away the right of workers to decide if they want a union to represent them. Not surprisingly, the bill is called “Employee Free Choice Act,” which does just the opposite of what it says.
JWR Posted 2011 Mar 12 (Cached)

Freedom Force DISINFORMATION & CONTROLLED OPPOSITION

When the enemies of freedom cannot hide or deny the truth, they proclaim it boldly but mix it with outrageous or offensive claims so people will recoil from the whole, like mixing garbage with groceries to stink up the bag causing us to throw out the good with the bad. Another collectivist strategy is to send agents into the ranks of freedom activists to become their leaders. One reason the freedom movement has been consistently defeated is that false leaders put up a good fight but, at the last minute, accept defeat or switch sides. News items in this section illustrate these strategies.

The Zeitgeist movement and the Venus Project: A new face for collectivism. This analysis by G. Edward Griffin shows the origin of the Zeitgeist movement and the parallels between its goals and the basic tenets of collectivism, particularly the 10-point program of the Communist Party.
Freedom Force 2011 Mar 21

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U.S. Dollar Collapse Could Occur at Any Time

Friday, March 11th, 2011

China this morning reported 4.9% price inflation for the month of February, exceeding analyst expectations of 4.8%. With China now mimicking the U.S. Bureau of Labor Statistics and taking steps to artificially manipulate their consumer price index (CPI) numbers as low as possible, it is likely that real price inflation in China is now closer to 10%. China was at least smart enough to raise interest rates last month by 25 basis points to 6.06%, while the Federal Reserve continues to leave interest rates near zero with there being absolutely no talk of the Federal Reserve ever raising interest rates again. China will be successful at containing inflation, as U.S. inflation spirals out of control and becomes the greatest economic crisis in American history.

China this week reported a $7.3 billion trade deficit for the month of February, its largest trade deficit in seven years, which surprised many global economists. NIA believes China’s trade deficit is temporary and that China will quickly return to having a trade surplus. The Federal Reserve’s QE2 along with China’s destructive monetary policies, which artificially devalue the yuan, have led to a massive rise in China’s raw material costs this year. NIA believes that in the upcoming months, Chinese manufacturers will raise the prices of their products that get exported to the U.S., to counteract rising commodity prices. With most products used by Americans today having been manufactured in China, this will mean Americans will soon see massive price inflation in just about all consumer goods they use. NIA projects that by the end of 2011, we will begin to see the U.S. CPI increase by 4.9% or higher on a year-over-year basis, with real U.S. price inflation rising north of 10%.

The mainstream media is proclaiming that China’s trade deficit will silence calls for the Chinese to allow their currency to strengthen against the U.S. dollar. The fact is, China’s government has for long been making the major mistake of printing too many yuan in order to artificially prop up the U.S. dollar. Their fear was, if the U.S. dollar was allowed to decline too rapidly, prices of Chinese goods would rise in terms of U.S. dollars and Americans would no longer afford to import them.

The truth is, if China allowed the yuan to strengthen, the Chinese would have enjoyed a much higher standard of living. Sure, prices would rise in dollars and Americans would import less, but the Chinese would have the ability to consume more of their own products. Now, as a result of China expanding its own money supply in order to keep the yuan pegged to the U.S. dollar, Americans will be forced to pay a much higher price for Chinese goods anyway. The same higher prices Americans were going to pay as a result of exchange rate appreciation, Americans will now pay as a result of inflation. For the Chinese, the exchange rate appreciation route would have been a much better route to take than the inflation route, because now the Chinese will also be forced to pay higher prices. In the very short-term, China might actually suffer more than the U.S. because they lack the social safety nets that have been implemented here in America.

The U.S. government has been successful at temporarily paying off Americans into not rioting in the streets like in Arab nations. It was just announced a few days ago that the number of Americans on food stamps in the month of December of 2010 was a record 44,082,324, up 13.1% from one year earlier and 1.1% from one month earlier. That is more than 14% of the total U.S. population! Combined with President Obama extending unemployment benefits up to 99 weeks, American citizens are too busy and distracted playing with their iPad 2s and gossiping on Twitter about Charlie Sheen, to have any time to protest in Washington, DC.

NIA believes the U.S. government’s entitlement spending is currently having the unintended consequence of making Americans dependent on government. It is like when you take wild animals into captivity and you feed them, teach them to do tricks and take care of them for a period of many years; if you just dump them one day back into the wild, it will be very difficult for them to survive. Americans who have become dependent on unemployment checks and food stamps will likely soon abruptly find out that they must begin to fend for themselves without any help from the government. The result will be many Americans turning into wild animals and becoming so desperate that they will have to rob and burglarize their fellow neighbors who were smart enough to prepare, or else they will risk starving to death.

As a result of QE2, the Federal Reserve is now buying 70% of U.S. treasuries, up from previously only buying 10% of treasury bonds. Foreign central banks are now buying just 30% of U.S. treasuries, compared to previously buying 50% of treasury bonds. The U.S. budget deficit in the month of February reached a record $222.5 billion or $2.67 trillion on an annualized basis. With the Federal Reserve now monetizing our debt in full swing, a complete and total loss of confidence in the U.S. dollar could be imminent.

Just like how nobody in the mainstream media was calling for the collapse of Egypt’s government a few months ago, almost nobody in the media believes a collapse of the U.S. dollar could possibly take place anytime soon. NIA members are educated enough to see that the writing is on the wall. The Federal Reserve can deny all it wants that the U.S. is experiencing inflation, but with the cost to print a single U.S. dollar paper note rising by 50% since 2008, massive inflation is here right under Federal Reserve Chairman Ben Bernanke’s nose. Every day that goes by, China is quietly implementing more and more steps that expand the yuan’s use in cross border trade, in order to position the yuan as the world’s next reserve currency.

So few Americans are presently preparing for hyperinflation that if hyperinflation broke out today, approximately 90% of Americans won’t have the means to put food on the table or put fuel in their automobiles. During the upcoming hyperinflationary crisis, food stamps will no longer have any value at all and all U.S. entitlement programs will come to a complete halt. Americans will take to the streets like the world has never seen before.

The biggest question NIA has today is, will the U.S. government resort to firing at its own citizens, if major riots take place in Washington, DC. On Thursday, police in Saudi Arabia shot and wounded three protesters. The price of oil rose by a few dollars per barrel as soon as this news hit the wire, which shows just how nervous the world’s financial markets have become in recent weeks. The fact that the Dow Jones has declined significantly in recent days, in our opinion means that the odds of QE3 being launched as soon as QE2 is over, are now much higher than they were several weeks ago.

The other big question NIA has today is, if in the unlikely event there is no QE3, who will fill in for the artificial buying demand currently coming from the Federal Reserve. After all, with no QE3, the Federal Reserve will go from buying 70% of treasury bonds to being a seller of U.S. treasuries. NIA is 100% sure that foreign central banks aren’t itching to jump back in to fill the hole. While in the past, the private sector may have picked up the slack, we believe individual investors will now be more reluctant to jump into government bonds, especially with bond king Bill Gross reducing the government bond holdings in his Pimco Total Return Fund down to zero. The bottom line is, no QE3 means interest rates will fly sky high and destroy the phony so-called “economic recovery”.

From April to August of 2010, the last time the Federal Reserve allowed its balance sheet to shrink, the Dow Jones fell by over 1,000 points. If Bernanke doesn’t soon begin to leak out the strong likelihood of QE3, we could see the stock market decline by 1,000 points or more, which will force Bernanke into launching QE3. If we see a major sell off in stocks, NIA doesn’t necessarily think that precious metals prices will follow. In fact, we could see gold and silver rise along with the Dow Jones falling. NIA projects the Dow Jones to gold ratio to decline to 6.5 in 2011. This means even if the Dow Jones fell to below 11,000, we still believe gold is likely to rise to around $1,600 to $1,700 per ounce this year, with silver soaring to around $42 to $44 per ounce. NIA believes the worst decision any American can make is to sell their gold and silver and go long U.S. dollars, hoping to buy their precious metals back at a lower price in the future.

It is important to spread the word about NIA to as many people as possible, as quickly as possible, if you want America to survive hyperinflation. Please tell everybody you know to become members of NIA for free immediately at: http://inflation.us
National Inflation Association 2011 March 11

Related Posts:

BTL Update 2011 March 3

Thursday, March 3rd, 2011

This Isn’t Mere Duplication; It’s Unbridled Idiocy
Uncle Sam is spending a lot of your tax dollars on programs that do the exact same thing as other federal programs, and you are paying the tab, a shocking new report shows. Read more…
Patriot Update 2011 March 3

U.S. Inflation Caused Algeria, Tunisia, Egypt, and Libya Unrest
The National Inflation Association (NIA) announced in its November 5th, 2010, food price projection report that food inflation would take over as America’s biggest crisis in calendar year 2011, surpassing the mortgage crisis and high unemployment, which were the top economic concerns of Americans in 2010. NIA’s food price projection report received worldwide media attention including being featured by Glenn Beck on the FOX News Network. NIA’s prediction about food inflation was strongly reiterated by NIA’s President Gerard Adams on November 12th when he was a guest on the FOX Business Network. NIA then included this prediction as one of its ‘Top 10 Predictions for 2011′ released on January 4th, 2011. We are less than two months into 2011 and already massive food inflation is beginning to affect American citizens in a major way, but not the way most people expected.

The Federal Reserve has held interest rates at near zero percent for over two years, which has flooded the world with trillions of dollars in excess liquidity. The world first saw our rapidly accelerating monetary inflation through rapidly rising gold prices. Gold is the best gauge of inflation and predictor of future inflation. It comes as no surprise to NIA members that gold prices were the first to see major gains as a result of massive inflation.

In late-2009 with gold prices soaring through the roof, the mainstream media wasn’t smart enough to figure out that inflation was the cause of rising gold prices. In fact, all of the economists that the mainstream media follows were forecasting deflation. On December 10th, 2009, with gold at $1,100 per ounce, Nouriel Roubini, professor of economics at New York University’s Stern School of Business said, “all the gold bugs who say gold is going to go to $1,500, $2,000, they’re just speaking nonsense”. Roubini went on to say ,”I don’t believe in gold” and “gold can go up for only two reasons.” Roubini pointed to inflation as being one of those reasons, but said, “we are in a world where there are massive amounts of deflation because of a glut of capacity, and demand is weak, and there’s slack in the labor markets with unemployment above 10 percent in all the advanced economies.”

NIA recognized from the very beginning that despite adverse signs from the bond market, gold and U.S. stock prices were rising solely due to inflation, and there was no economic recovery. In fact, in an article released on December 28th, 2009, NIA wrote, “In 2009, we saw the monetary inflation created by the Federal Reserve’s zero percent interest rates drive up the prices of U.S. stocks, without dramatically increasing the prices of U.S. consumer goods. We consider 2009 to have been a brief period of euphoria, before a rapid increase in the prices of food, energy, clothes and other necessities Americans need to live and survive.”

NIA first warned about food inflation in our October 30th, 2009, article entitled, ‘U.S. Inflation to Appear Next in Food and Agriculture’. In this article, NIA said, “Prices are rising all around us, yet agricultural commodities have for the most part been left behind and remain at historically depressed levels. Fundamentals for agriculture are improving on a daily basis. A worldwide shortage of farmers combined with food inventories falling to record lows is setting up the perfect storm for an explosion in agriculture prices.” From the release of this article on October 30th, 2009, to their highs this month, we have seen an explosion in agriculture futures with wheat gaining 52%, cotton gaining 177%, corn gaining 72%, soybeans gaining 49%, coffee gaining 86%, orange juice gaining 37%, and sugar gaining 86%.

Luckily for the U.S., because of the dollar’s status as the world’s reserve currency, the U.S. has been able to export its food inflation to the rest of the world. America’s food inflation crisis is so far manifesting itself in Arab nations. It started out early last month with citizens in Algeria marching to the capital chanting, “Bring us Sugar!” It then spread to riots in Tunisia, which saw 14 civilian deaths when protesters clashed with police. Afterwards came the Egyptian Revolution, which saw 365 civilian deaths and thousands more injured, leading up to the resignation of Egyptian President Hosni Mubarak on February 11th. In recent days, the civil revolt has reached Libya, the third largest oil producer in Africa and holder of Africa’s largest oil reserves.

Although the U.S. is largely self-sufficient when it comes to the production of food, oil is a very important commodity used in agriculture production and the U.S. needs to import most of its oil. With oil prices soaring through the roof, Arab nations are getting their revenge on the U.S. for the food inflation they are suffering from. Oil is the second largest expense that affects retail prices of food in our supermarkets after the cost of agricultural commodities. The reason a 50% increase or more in nearly all agricultural commodities hasn’t caused food prices in U.S. supermarkets to rise by 50% or more in recent months, is because Americans have been blessed with cheap oil. The surging price of oil means that America’s food inflation crisis is now imminent.

All American citizens need to be ready for nationwide civil unrest, rioting, looting, and protesting later this year, even worse than what is occurring in Arab nations. The Arab world will survive this crisis because they have oil reserves that they can export to Asian countries when the U.S. can no longer afford to import oil. However, America’s survival is dependent on the world’s confidence in a piece of paper that has no intrinsic value and is being debased as fast as humanly possible.

The Federal Reserve is 100% responsible for the world’s political turmoil and upheaval of governments. As NIA continues to educate the world about the Federal Reserve’s destructive monetary policies, we are witnessing surging anger over the Federal Reserve’s ability and willingness to steal from the incomes and savings of the American middle class by printing money and transferring this wealth through cheap and easy credit to bankers on Wall Street who produce nothing tangible for the U.S. economy. At the very least, NIA believes this anger will lead to large “End the Fed” protests later this year, which NIA first predicted would occur last year (we overestimated America’s eagerness to learn the truth about the U.S. economy and inflation). Worst case scenario, by the end of 2011, we will see the world rush to dump their U.S. dollars and an outbreak of hyperinflation.

Our good friend Gerald Celente first forecast the current North African crisis in an article he wrote in his autumn ‘Trends Journal’ entitled ‘Off With Their Heads 2.0′. In fact, Celente wrote another article just days before the riots in Tunisia entitled ‘Youth of the World Unite’, which accurately predicted with precise details the deadly riots we now are seeing in Arab nations. Celente will be a guest in NIA’s upcoming must see documentary about the U.S. college bubble that is getting ready to collapse.

As accurate as Celente was about the North African crisis, we believe even he was surprised by just how fast the upheaval took place. Absolutely nobody in the mainstream media saw this crisis coming at any time during the recent weeks and months leading up to it. It is shocking just how quickly Egypt went from having peaceful times to their President being forced to resign from office. There were absolutely no warning signs in the weeks leading up to the Egypt unrest. NIA expects U.S. hyperinflation to break out in exactly the same fashion. The only warning signs to prepare for hyperinflation will be the warning signs that are already here today. Americans need to learn how to recognize them for what they truly are, and that is why NIA is here. Please trust us that by the time it becomes obvious to the average American that hyperinflation is right around the corner, there will be no time to prepare.

It is important to spread the word about NIA to as many people as possible, as quickly as possible, if you want America to survive hyperinflation. Please tell everybody you know to become members of NIA for free immediately at: http://inflation.us
National Inflation Association 2011 February 28

CBO: Stimulus Jobs Cost at Least $228,055 Each
The jobs that were created and saved by the economic stimulus legislation that President Barack Obama signed in February 2009 cost at least $228,055 each, according to new data from the Congressional Budget Office.

In a report released on Wednesday, the CBO said it now estimates the stimulus bill costs $821 billion, up from its original estimate of $787 billion.

The CBO also estimated that in the fourth quarter of 2010, between 1.3 and 3.5 million people were employed who would not have a job if the stimulus had not been enacted.

The CBO also estimated that between 1.4 and 3.6 million were employed as a result of the stimulus bill during the third quarter of 2010.

The figures take into account not only the new jobs believed to have been created, but also the existing jobs that were saved that would otherwise have been lost.

So the $821 billion cost of the stimulus, divided by the maximum of 3.6 million jobs the CBO believes were saved or created, equals $228,055 for each job, according to CNS News.

Taking the 1.4 million figure for jobs created or saved means each job cost $586,428.

Footnote: When President Obama signed the stimulus bill, the national unemployment rate was 8.2 percent. In January 2011, it was 9 percent.
Newsmax 2011 February 27

The Security Budget vs. the Necessities of Americans
President Obama and the Congress have taken 66% of discretionary spending in the federal budget off the table – the Security Budget – while proposing a freeze to the rest of the budget and deep cuts to some programs that provide necessities for the American people. His budget crystalizes a choice that U.S. presidents have been making since President Eisenhower warned of the military-industrial complex – investment in the military vs. investment in the civilian economy. Read more…
ProsperityAgenda 2011 February 18

CCRKBA URGES INQUIRY INTO ATF’S ‘PROJECT GUNRUNNER’
BELLEVUE, WA – The Citizens Committee for the Right to Keep and Bear Arms is urging its members to contact the Senate and demand a full and open inquiry into a controversial gun trafficking sting operation by the Bureau of Alcohol, Tobacco, Firearms and Explosives that may be linked to the December slaying of a federal peace officer. Read more…
Citizens Committee for the Right to Keep and Bear Arms 2011 February 11

Related Posts:

Reality Zone Unfiltered News 2011 January 29-February 4

Friday, February 4th, 2011

Mexico is purging US Dollars from its economy. It no longer allows purchases in Dollars, not even in American-owned stores such as Wal-Mart. That’s because the Dollar is losing value so fast it is expected to collapse very soon, and Mexico does not want to be left holding the worthless notes. [Amazing! We have come to the point where people prefer Mexican Pesos over US Dollars. Are your savings still in Dollars?]
ThePeoplesVoice 2011 Feb 4 (Cached)

US: Treasury Dept. and Federal Reserve threaten Armageddon in America if Congress fails to raise the debt limit – again. It’s the same argument used to push Congress into supporting the bank bailouts of the past two years. [It always works.]
ActivistPost 2011 Feb 4 (Cached)

JP Morgan is being sued for being complicit in the Bernie Madoff scandal in spite of the fact that the bank suspected him of being a crook 18 months before the scam was revealed to the public.
DailyMail 2011 Feb 4 (Cached)

Our documentary on chemtrails What in the World Are They Spraying, was featured in a CBS Atlanta affiliate story. The station is requesting photos of chemtrails for proof of spraying.
IntelHub 2011 Feb 3 (Cached) Click for info on DVD

US: Last year the city of Oakland, California, passed an ordinance allowing marijuana farms. Now federal prosecutors are threatening to prosecute growers and even city council members if they follow through. [The issue is, not whether people should grow pot, but who is authorized to make that decision. The Tenth Amendment says that states and the people have the authority in all matters except those specifically described elsewhere in the Constitution, and that does not include decreeing what crops may not be grown. Therefore, it is up to the states or the people, not the federal government.]
RawStory 2011 Feb 3 (Cached)

US: Federal Judge orders BP-claims administrator Ken Feinberg to stop telling Gulf victims that he is independent because, even though approved by Obama, he is working on behalf of BP. Feinberg is offering settlements that prevent victims from suing BP or any other responsible party after they sign the release. Now that the victims know he is not independent, more law suits are expected.
WTVY 2011 Feb 3 (Cached)

US: Whole Foods, Stonyfield Farm and Organic Valley, three of the largest organic-food brands, say they will not fight genetically-modified foods but, instead, will “co-exist” with them. They were told by the FDA that a complete ban was not an option, so they chose the best they could get, which is partial regulation of some crops. [Very courageous! By the way, the CEOs of two of these companies are personal friends of the head of USDA who is so close to Monsanto that he has traveled on its corporate jet on political campaigns. The author of this article says this is not a major scandal, just disappointing. Our view is that it is a major sell-out with the distinct odor of corruption.]
FastCompany 2011 Feb 2 (Cached)

US: Nine states including Maine, Montana, Nebraska, New Hampshire, North Dakota, Oklahoma, Oregon, Texas and Wyoming have introduced legislation to nullify Obamacare under the Tenth Amendment. Some of the bills include jail time for any federal agent who tries to enforce the unconstitutional law. [This is a good start. Now let's see if the legislators really mean it or are just trying to look good to the voters. When enough states reject a bad federal law, it has little chance for implementation.]
Tenth Amendment Center 2011 posted Feb 2 (Cached)

British and American telecommunications companies helped Egypt shut down the internet and identify dissenters.
Democracy Now 2011 Feb 1 (Cached)

More than 80 physicians, surgeons, scientists and other experts go on record stating that there is no real science behind vaccination and it does more harm than good.
Natural News 2011 Feb 1 (Cached)

US: Watchdog group says Supreme Court Justice Clarence Thomas appears to have ‘knowingly and willfully’ violated the law for 20 years by falsifying income-disclosure forms that are used to reveal possible conflict-of-interest among public employees.
PR Newswire 2011 Feb 1 (Cached)

Microsoft warns of a security flaw that affects users of Internet Explorer (900 million people). Although it is not known if anyone yet has taken advantage of the flaw, it is possible for hackers to take over computers and steal personal data. Users are urged to download a free “fix” from the Internet.
DailyMail 2011 Feb 1 (Cached)

Egypt: Sources inside the government are saying that the US has had secret meetings with the ‘Muslim Brotherhood’, which is the main opposition group, and that it has been covertly encouraging the current anti-government demonstrations. [It is likely that whoever comes to power will be beholden to the US for funding and support. Do not expect true reform, merely a change from puppet A to puppet B.]
WND 2011 Feb 1 (Cached)

Egypt shut down internet service, making it difficult for people to organize. Here is a list of alternative methods of communication in case your government pulls the plug on the Internet. [This is wiki style, which means anyone can add to it. There are several very interesting alternatives, but they need to be explained further. If you are tech-savvy, perhaps you can help.]
Wired 2011 Feb 1 (Cached)

New Mexico Governor Susana Martinez (who fired the state’s environmental board on her second day in office) is cracking down on illegal immigration by allowing the police to investigate immigrations status of criminals. Ironically, although she is Hispanic and has a large Hispanic constituency, she is being accused of racism.
NECN 2011 Jan 31 (Cached)

US: Federal judge declares Obamacare unconstitutional in a 26-state lawsuit because Congress exceeded its authority with regard to requiring citizens over 18 to purchase health insurance. This case now will likely go to the Supreme Court. [States don't have to wait for the courts. They can nullify this bad law right now and avoid further litigation,]
Bloomberg 2011 Jan 31 (Cached)

European study proposes an extra tax on meat and dairy products to reduce the consumption of those foods. Why? Because they say dairy animals are a major cause of global warming. [Since global warming is a myth, we know that the real goal is merely to raise additional tax revenue, exactly as cap-and-trade is intended to do.]
MSNBC 2011 Jan 31 (Cached)

As Egypt government closes down the Internet to prevent citizens from organizing protests, the U.S. government introduces “kill switch” legislation that will enable the President to do the same thing in America.
The Age 2011 Jan 31 (Cached)

US: Rate of home ownership continues to fall, and nearly 11% of houses are empty even though prices also are falling. Banks, Fannie Mae and Freddie Mac are holding hundreds of thousands of properties. [Why do they hold them? Because they don't want to put them up for auction and reveal their true worth. They would rather hold the inventories and hope that, eventually, the government will bail them out by buying them at book value, not market value. In the end, taxpayers will pick up the loss.]
CNBC 2011 Jan 31 (Cached)

US: Congressman Darrell Issa (R-CA) has requested the government to provide him with the names of every person who has ever made a Freedom-of-Information-Act request. He says it is to make sure that the government isn’t dragging its feet in complying with these requests. [Shuur! If that were true, all he needs is a tally of requests and time delays. Why a list of names? This guy has a bad past, including allegations of arson and an indictment for car theft. Could the true motive be retaliation against those who are challenging government secrecy?]
SmirkingChimp 2011 Jan 30 (Cached)

US: Two witnesses will testify at the trial of the ‘underwear bomber’ who attempted to blow up Flight 253 on Christmas Day 2009. They observed him being assisted through security by men in suits who appeared to be government agents. The witnesses believe the incident was set-up by the US government and that the man was given a defective bomb to provide a newsworthy event to further the ‘War on Terror’, to install body scanners at airports, to increase the TSA’s budget, and to renew the Patriot Act.
YouTube Posted 2011 Jan 29

Toxic chemicals relating to crude oil are showing up in blood samples taken from Gulf residents. These chemicals can cause kidney damage and cancer. People can absorb these chemicals by touching the oil, breathing fumes from it, or eating contaminated seafood.
YouTube Posted 2011 Jan 29

Mexico issues national ID cards with biometric iris-scan technology to children ages 4 to 17 – to protect against baby trafficking and child prostitution, of course. [Their parents will be next.]
SignOnSanDiego Posted 2011 Jan 29 (Cached)

==============================

ANALYSIS

Reports and commentaries that look beyond the news to identify historical facts and trends that must be understood to place the news into perspective. This is our “think-tank” section that makes it possible to anticipate future events.

US: Analysis: Banks claim to be making a profit, but that is a bookkeeping trick. In spite of continuing foreclosures and bad loans, banks are reducing loan-loss reserves. Heck, who needs to put money aside for losses when you can get a government bailout from the taxpayers? So, take the money that will be needed to cover next month’s losses and declare them as today’s profits – and pay bonuses, too.
Business Insider Posted 2011 Jan 22 (Cached)

US: 2012 will be dubbed the year of youth, if Young Americans for Liberty have their way. More than just enthusiasm, they have the understanding as well. Worth supporting.
YouTube Posted 2011 Jan 22. Here is their website link: www.yaliberty.org

Texas: Activist confronts Austin Chief Sustainability Officer as she confirms that the UN’s Agenda 21 program, which she supports, calls for reducing the population by 85%. She laughs when the issue is raised and says she is not concerned about that aspect of the program. [This is only one official out of thousands just like her in positions of government authority around the country, but be assured that she represents the norm, not the exception. These people are dead serious.]
YouTube 2011 Jan 16

==============================

Freedom Force DISINFORMATION

When the enemies of freedom cannot hide or deny the truth, their disinformation agents proclaim it boldly but mix it with questionable or offensive claims so people will recoil from the whole, like mixing garbage with groceries to stink up the bag and cause us to throw out the good with the bad. News items in this section may be in that category.

US: A Congressional panel finds that the financial crisis occurred because government officials, the Fed, and Wall Street ignored warning signs and failed to properly manage risks. The panel is referring cases to the Department of Justice to look into possible criminal prosecution. [This is classic controlled opposition. First, there likely will be no prosecutions of the people who were most responsible, because they have too many friends in high positions. Second, the panel concluded that there is nothing wrong with the the financial system itself, including the power of the Federal Reserve, only with the people who run it. However, until the banking cartel called the Federal Reserve is abolished and the nation returns to sound money based on gold or silver, the problem will never be solved. This theater of investigating, deliberating, debating, and finger-pointing merely serves to perpetuate the system and keep the public from considering an alternative.]
Yahoo 2011 Jan 27 (Cached)

Related Posts:

Reality Zone Unfiltered News 2011 January 22-28

Friday, January 28th, 2011

A California community announces it no longer will accept cash in payment of utility bills – to protect against terrorists, of course. [This may seem like a small matter, but collectivists want to eliminate cash completely so all financial transactions can be traced by credit card or check. This is a small but definite step toward that goal.]
Prison Planet 2011 Jan 27 (Cached)

An academic study finds social networking, instead of bringing friends together, creates mutual isolation networks that detach people from meaningful interactions and make them less human.
Natural News 2011 Jan 27 (Cached)

Himalayan glaciers are not melting because of global warming, according to new study from Universities of California and Potsdam. Instead, they are advancing. Last year, the UN claimed the Himalayan glaciers would completely disappear by the year 2035.
Telegraph 2011 Jan 27 (Cached)

US: Grocery prices have shot up over 50% faster than the official rate of inflation. [In other words, the official rate of inflation is not accurate. It should be increased by 50% – or more.]
Natural News 2011 Jan 27 (Cached)

US: Virginia State House of Delegates passes the ‘Intrastate Commerce Act’ to nullify any federal regulation of economic activity that is entirely within the state. [This is very good news. Collectivists have used a tortured interpretation of the commerce clause in the US Constitution to justify virtually unlimited federal power over activities within the states. Nullification is a Constitutional way to reverse that trend. Let's hope other states soon follow suite.]
Tenth Amendment Center 2011 Jan 27 (Cached)

US: Virginia legislation ends mandatory HPV vaccine for young girls – four years after overwhelmingly approving it.
Natural News 2011 Jan 27 (Cached)

US: Social Security now is losing $45 billion dollars per year, and the fund will be completely drained by 2037. [That is the optimistic view. The realistic view is that the fund already is drained because it has no money, just government bonds, which are IOUs. As long as the government is controlled by collectivists from both major parties, Social Security will continue to lose even its IOUs and, eventually, the whole system will be funded entirely from taxes and inflation.]
Yahoo 2011 Jan 27 (Cached)

Southern California desert is home to a $170 million “mock city” the size of downtown San Diego that is used for military war games. It has underground tunnels and 1560 mock buildings. [The military considers urban warfare and control of civilian populations to be a major part of future operations.]
MSNBC 2011 Jan 26 (Cached)

Study of Corexit dispersant used in the Gulf oil-spill looked at how long it takes to degrade but failed to investigate its toxicity. [The primary concern over Corexit never was over how long it would last but what harm it does to living things, including humans.]
Yahoo 2011 Jan 26 (Cached)

US: House Republicans are proposing an audit and funding-cut of subsidies to the United Nations. The US is the largest single “contributor” (dues are mandatory) and pays 22% of its regular budget plus 27% of its so-called peacekeeping operations. [The speeches are good. Now let's see if they carry through. Why not just get out of the UN completely instead of quibbling over how much it costs?]
Yahoo 2011 Jan 25 (Cached)

US: RAND corporation released a study concluding that alternative fuels from corn and other seed oils, waste oils, and algae are of no value to the military and not presently useful to the nation. The recommendation is to re-consider supporting these so-called renewable resources. (Alcohol and hemp were not included in this study – neither of which would negatively affect food production.)
Canada Free Press 2011 Jan 25 (Cached)

China plans new ‘Mega City’ to merge 9 cities together and create a metropolis of 42 million people 26 times larger than London. [This is in compliance with the UN's Agenda 21, which calls for bringing people out of the countryside, where they can live fairly independently, into cities, where they can be monitored and controlled.]
Right Side News 2011 Jan 25 (Cached)

US: Insurance companies sue Bank of America over “massive mortgage fraud” and say that 91% of securitized loans (such as mortgages and auto loans) are misrepresented.
ZeroHedge 2011 Jan 24 (Cached)

Chicago: Artist selling wares on the street recorded his own arrest and may be sentenced up to 15 years under the Eavesdropping Act, which prohibits photographing or video-recording police officers.
DailyMail 2011 Jan 24 (Cached)

Tax-exempt organizations that claim to “fight” against genetically modified food are funded by groups that promote GMOs. This is a classic example of controlled opposition.
FarmWars 2011 Jan 24 (Cached)

US: House Republicans are preparing a bill to require Internet Service Providers to track all user activity for review by police. [These are the same politicians who campaigned on behalf of personal rights and privacy and pledged to restore the Constitution. Both major parties are dedicated to collectivism.]
CNET 2011 Jan 24 (Cached)

Oil-eating bacteria has been released into the Gulf of Mexico to help clean up the BP oil spill. That’s good news. The bad news is that, instead of using natural bacteria, which is harmless to marine life, they released a genetically engineered “super” bacteria that works twice as fast but also is suspected of destroying marine life and possibly posing a health hazard to humans.
Natural News 2011 Jan 24 (Cached)

US: FEMA and Dept. of Homeland Security are seeking 140 million packets of food, blankets, and body bags. They are especially interested in stockpiling in states adjacent to the Gulf of Mexico. [Do you have your emergency supplies yet?]
IntelHub 2011 Jan 24 (Cached)

US: Treasury Secretary Geithner threatens Congress that, if the debt ceiling is not raised,  default on US debt is imminent, leading to economic chaos. Lifting the ceiling will allow the Fed to create even more money. [Congress will comply. Rampant inflation is on the way along with increased taxation.]
Midas Letter 2011 Jan 23 (Cached)

UN: A $21.7 billion foundation, called the Global Fund, backed by celebrities and hailed as an alternative to the bureaucracy at the UN, has 67% of its budget eaten up by corruption. The money is accounted for with forged documents and bogus bookkeeping, indicating it was pocketed. Donated drugs are sold on the black market.
Fox News 2011 Jan 23 (Cached)

US: Government pledges $1 billion corporate welfare to pharmaceutical companies to help develop new drugs. [Big Pharma is the most profitable industry in the world. With that kind of money, they can buy politicians to plunder taxpayers to deliver even more profits. That's how collectivism works.]
Yahoo 2011 Jan 23 (Cached)

Dutch researchers are promoting the replacement of meat with insects and worms as a way to deal with food shortages that are predicted for the near future.
Breitbart 2011 Jan 23 (Cached)

New Mexico: Man is acquitted after filming TSA and police in public area of a New Mexico airport. Video shown here captured the confrontation.
Activist Post 2011 Jan 23

Federal Reserve quietly institutes an accounting trick that makes Enron seem virtuous. It now can treat losses as liabilities to the US Treasury. [That means losses will never cause a reduction in capital so long as they carry the liability on their books, which can be forever – or until such time as the Treasury "forgives" the liability, which means, passes it to the taxpayer.]
Economic Policy Journal Posted 2011 Jan 22 (Cached)

US: Researchers at the Dept. of Agriculture knew 2 years ago that pesticides, manufactured by Bayer, are related to bee-colony collapse. A leaked document reveals that the EPA (which approved the pesticide) also knew about its destructive nature. [If anyone has any doubts about corruption in government, this proves that these agencies operate in the interests of the companies they supposedly regulate instead of the citizens who fund their paychecks.]
Grist 2011 Posted Jan 22 (Cached)

US: Dept. of Agriculture says it poisoned thousands of starlings in a recent bird die-off in South Dakota. They say, altogether, they have killed over 4 million birds in an operation named ‘Bye Bye Blackbird’. [Officially this was in response to a farmer's complaint that the birds were defecating in his feed meal. Another explanation was that it was done to protect human health. The media did not challenge these explanations.]
Natural News Posted 2011 Jan 22 (Cached)

Russia will adopt the Universal Electronic Card (National ID) in 2012. It will connect bank accounts, credit cards, bus passes, etc. India and Mexico are scheduled to use Universal National ID cards with biometric features. These will increase government tracking of citizens and also increase the risk of identity theft.
SingularityHub Posted 2011 Jan 22 (Cached)

==============================

ANALYSIS

Reports and commentaries that look beyond the news to identify historical facts and trends that must be understood to place the news into perspective. This is our “think-tank” section that makes it possible to anticipate future events.

US: Analysis: Banks claim to be making a profit, but that is a bookkeeping trick. In spite of continuing foreclosures and bad loans, banks are reducing loan-loss reserves. Heck, who needs to put money aside for losses when you can get a government bailout from the taxpayers? So, take the money that will be needed to cover next month’s losses and declare them as today’s profits – and pay bonuses, too.
Business Insider Posted 2011 Jan 22 (Cached)

US: 2012 will be dubbed the year of youth, if Young Americans for Liberty have their way. More than just enthusiasm, they have the understanding as well. Worth supporting.
YouTube Posted 2011 Jan 22. Here is their website link: www.yaliberty.org

Texas: Activist confronts Austin Chief Sustainability Officer as she confirms that the UN’s Agenda 21 program, which she supports, calls for reducing the population by 85%. She laughs when the issue is raised and says she is not concerned about that aspect of the program. [This is only one official out of thousands just like her in positions of government authority around the country, but be assured that she represents the norm, not the exception. These people are dead serious.]
YouTube 2011 Jan 16

Goldnomics: the value difference between cash and gold bullion. [You probably know most of this, but it is a good idea to take a refresher course from time to time.]
YouTube Posted 2011 Jan 15

Mike Adams and Farmer Brad discuss the impact of the misnamed Food Safety Bill: Many small farmers will go out of business due to extensive paperwork & FDA regulations; food prices will increase; and more food will be imported from other countries. [Imported food bypasses most safety regulations, so Americans will be at greater risk than before. Incidentally, small farms have never been the source of major outbreaks.]
Natural News Posted 2011 Jan 15

This is an excellent animation that explains the illusion of the “American Dream” and fiat money. [Caution! Some of the historical information is not accurate. For example, the story that JFK was assassinated because of his stand against the Federal Reserve cannot be substantiated. In fact, Kennedy always was a friend of central banking (See The JFK Myth). Nevertheless, because of the high quality of this program and the fact that the general theme is correct, we recommend it highly.]
YouTube Posted 2011 Jan 15

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Freedom Force DISINFORMATION

When the enemies of freedom cannot hide or deny the truth, their disinformation agents proclaim it boldly but mix it with questionable or offensive claims so people will recoil from the whole, like mixing garbage with groceries to stink up the bag and cause us to throw out the good with the bad. News items in this section may be in that category.

US: A Congressional panel finds that the financial crisis occurred because government officials, the Fed, and Wall Street ignored warning signs and failed to properly manage risks. The panel is referring cases to the Department of Justice to look into possible criminal prosecution. [This is classic controlled opposition. First, there likely will be no prosecutions of the people who were most responsible, because they have too many friends in high positions. Second, the panel concluded that there is nothing wrong with the the financial system itself, including the power of the Federal Reserve, only with the people who run it. However, until the banking cartel called the Federal Reserve is abolished and the nation returns to sound money based on gold or silver, the problem will never be solved. This theater of investigating, deliberating, debating, and finger-pointing merely serves to perpetuate the system and keep the public from considering an alternative.]
Yahoo 2011 Jan 27 (Cached)

Carnegie Institution praises Genghis Khan because he killed so many people that the Earth began to revert back to a primitive state of forestation, and that was the “green” thing to do! [This is what the depopulation supporters are advocating today, which may be the reason for this so-called study. It's pure propaganda with no science behind it. By the way, humans cause less than a fraction of 1% of greenhouse gases.]
Mother Nature Network 2011 Jan 24 (Cached)

EU Times story on “toxic-oil spill rains” correctly spotlights damage from the Gulf-oil spill but makes claims that cannot be substantiated, thus, undermining genuine concerns.
Rense.com Posted 2011 Jan 18 (Cached)

Related Posts:

Reality Zone Unfiltered News 2011 January 8-14

Saturday, January 15th, 2011

JP Morgan-Chase bank says its net income jumped 47% in the fourth quarter of 2010, and that executive salaries in their home-loan division tripled from $549 million to $1.8 billion since last year. CEO Jamie Dimon says that hurdles are high for investors who want to force banks to buy back bad loans, and this will be vigorously opposed in court.
Yahoo 2011 Jan 14 (Cached)

US: Treasury announces it will sell warrants it holds in Citigroup and 2 smaller banks to raise money to repay the $700 billion bailouts. It claims it will make $12 billion on its $45 billion bailout of Citigroup. [We are getting tired of having to repeat this warning, but it must be done: We don't believe you can squeeze orange juice out of a rock. In spite of all the brave talk about economic recovery and improved profits, banks and other bailed out entities are not yet producing anywhere near sufficient real profit to repay the bailouts. The trick they have used in the past, working in partnership with the Federal Reserve, is to provide new bailouts, hidden from public view, to repay the old ones, thereby fooling the public into believing bailouts are acts of statesmanship. Eventually, all of this will be exposed but, by then, it will be too late to do anything about it.]
Yahoo 2011 Jan 14 (Cached)

US: A recent poll reported that Obama’s approval rating has soared to 77%. [Here's how they produced that absurd figure: 44% like him as a person and also like his policies. 29% like him but oppose his policies. 2% like his policies but dislike him as a person. 19% dislike him and his policies. The reality, therefore, is that 75% like something about him (mostly his personality) but only 46% like his policies, which is the meaning of an approval rating. This is classic media spin.]
InfoZine 2011 Jan 14 (Cached)

Illinois raised its income-tax rate to 5% to pay off a $15 billion deficit. That’s a 66% increase. Neighboring states with lower taxes are gleefully anticipating the influx of businesses and jobs away from Illinois.
Yahoo 2011 Jan 13 (Cached)

AIG and the US government are working on a plan to sell $20 billion dollars of AIG stock to expand the company’s capital. This will reduce the value of existing shares, but it is hoped it will attract needed capital from investors. [As with previous moves to attract new capital into businesses that continue to lose money, we are skeptical. The standard game plan is for the Treasury and the Fed to covertly provide politically favored investors with new money or offer guarantees to cover the loss of old money so that, on the surface, it looks like the bailouts have been paid back. Watch closely. Can you tell which shell covers the peanut?]
MSNBC 2011 Jan 13 (Cached)

If you still believe that mass bird kills are caused by fireworks, flying into buildings, indigestion, or some other “official” explanation, here is a map showing global locations for 30 recent events. [Whatever the cause, it is happening world wide. See the article by Andrea Silverthorne in the Forum section, below, for reasons to suspect formaldehyde that forms from methane gas.]
Google 2011 Jan 13 (Cached)

US: Home foreclosures hit a record high of over 1 million in 2010. If not for the recent wave of court cases in which banks are prevented from foreclosure when they cannot document that they own the mortgage, the total could have exceeded 3 million. Currently, more than 5 million homeowners are at least 2 months behind in their payments. [Not to worry. Our leaders and media pundits have assured us that the economy has turned around.]
Yahoo 2011 Jan 13 (Cached)

Missouri has no problem with illegal immigrants because of common sense laws: English is the official language; police verify immigration status of those who are arrested; and illegal immigrants are not eligible for taxpayer-funded programs like food stamps, health care, and financial aid for education.
Ozark Sentinel posted 2011 Jan 12 (Cached)

Morgan-Chase bank in Cleveland told a homebuyer that the only way they were willing to modify his loan downward was for him to default on his payments, which he did. [Why would a bank advise default? Because it counts on moving the mortgage into a GSE (Government Sponsored Enterprise) such as Fanny Mae or Mac and thereby receive a subsidy on the revised loan. In other words, the banking game continues at the expense of taxpayers.]
ZeroHedge 2011 Jan 12 (Cached)

Philippines: Town mayor forces university to uproot a field of GMO eggplant. The reason is that the university failed to follow the law and take adequate steps to insure that the plants could not contaminate natural crops in the vicinity.
NaturalNews 2011 Jan 12 (Cached)

State of Virginia is considering establishing a committee to study whether it should adopt currency such as gold or silver should the Federal Reserve collapse. [This is a step in the right direction but strictly speaking, it is unconstitutional. Article 1 Section 10 of the Constitution says that states may not "coin money." That is reserved to the federal government. States must allow only gold or silver coins to be legal tender (which means people are required by law to accept them), but they cannot issue legal tender coins themselves. They can manufacture their own coins and accept them in payment of taxes, but cannot make them the official money of the state that people must accept. So it gets murky. Let's hope the committee will sort all this out and come to the conclusion that the state should issue silver and gold coins, encourage them to be used as money even though they are not required to do so. That would be ideal. No one needs to be forced to accept gold or silver.]
Market Oracle 2011 Jan 12 (Cached)

US: Housing market values have fallen 26% since their peak in June 2006, which is worse than the decline during the Great Depression from 1928 and 1933. [In spite of these grim statistics, this article insists that the economy is revving back to life. We shall see.]
CNBC 2011 Jan 11 (Cached)

US Court case discloses that military conducted mind-control experiments on 7800 Viet Nam veterans. They were subjected to nerve agents and psycho-active drugs (including LSD). Soldiers volunteered but were not told of the risks.
Alternet 2011 Jan 11 (Cached)

Obama’s presidential commission report on the Gulf gusher suggests the the US government should share responsibility. [That probably is correct, but there is more here than meets the eye. If the government shares responsibility, this will blunt the legal attack on BP and will save it billions of dollars in law suits. The government likely will have to pay at least half of the damages and most of the remediation costs. Taxpayers, once again, will be put through the ringer, while the people who were personally responsible for this disaster will not pay a dime or be punished in any way.]
DailyMail 2011 Jan 11 (Cached)

Obama is pushing for Internet ID overseen by the Department of Commerce – to protect your on-line identity, of course. It will be optional – for now. [If the public wants this, the private sector could and would provide it without government presence or access to the data base, but that is not what will happen.]
DailyMail 2011 Jan 10 (Cached)

Canada: Homeowner fined $5,200 for growing cucumbers in his basement. Authorities thought he was growing marijuana. Even though only cucumbers were found, the fine was levied to cover the cost of the search.
The Province 2011 Jan 10 (Cached)

Australia: Government is considering re-naming ‘climate change’ (already changed from ‘global warming’) to ‘climate challenges’. This is because most people no longer think that climate change is man-made, so the myth makers must find a more appealing phrase. [No matter how they sell it, at its core it is junk science leading to carbon tax.]
The Australian 2011 Jan 9 (Cached)

Massachusetts federal court voids bank seizure of 2 foreclosed homes because the banks failed to show they held the mortgages at the time of foreclosure. This is expected to have an enormous impact on other foreclosed homes in the past and in the future.
DailyMail 2011 Jan 8 (Cached)

US: While the Constitution is read on the House floor, a woman in the audience yells out that Obama has violated the Constitution because he is not ‘natural born citizen’ as required. She is removed.
Yahoo Posted 2011 Jan 8

Upcoming G20 meetings to discuss how rising food prices can be used as an excuse for passage of regional laws to increase government control over crops, farming methods, quotas, and prices. [Never let a good crisis go to waste. Instead of reducing government interference in the free market, which is the primary cause of food shortages, they are pushing ahead for more controls than ever. Collectivism always grows until it consumes everything.]
Reuters Posted 2011 Jan 8 (Cached)

China supplies most of the world’s honey and is notorious for using antibiotics to keep the bees “healthy” –  but the honey becomes contaminated, which is far from healthy for humans. Chinese honey is falsely labeled as from Taiwan, Indonesia or Malaysia to avoid tariffs.
Globe and Mail Posted 2011 Jan 8 (Cached)

Ron and Rand Paul plan to introduce a bill to cut the federal budget by $500 billion. Rand says that the government collects about $2 trillion, but spends $4 trillion. Ron advocates repealing the welfare warfare state.
Sad Hill Posted 2011 Jan 8

Greek doctor (Harvard graduate) tells how medical research is a “damned lie.” He says bad science is manipulated to skew data favorably toward drug manufacturers who fund the research. Up to half of all medical research is untrustworthy.
The Atlantic Posted 2011 Jan 8 (Cached)

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ANALYSIS

Reports and commentaries that look beyond the news to identify historical facts and trends that must be understood to place the news into perspective. This is our “think-tank” section that makes it possible to anticipate future events.

Pulitzer Prize winner, David Johnston, explains how the rich get richer at your expense. It’s a system of subsidies and tax breaks for those with political influence. He says these mega-businesses should earn their money in the marketplace, not receive it as a gift, stolen from the middle class by their friends in politics.
The DailyBail posted 2011 Jan 13

The Arizona shooting has resulted in a media frenzy to vilify conservatives, Constitutionalists, Libertarians, the Tea Party, “divisive political rhetoric,” and gun-rights advocates. Like every other crisis in the present day, the event is being used to create public acceptance of yet more government power. This is an excellent overview.
NeitherCorp 2011 Jan 12 (Cached)

Globalism and the UN’s Agenda 21 are forbidden by the Bill of Rights and the American Constitution. Here is an excellent outline of how to restore America’s core value.
FreedomAdvocates 2011 Jan 12 (Cached)

Vaccine Court is an alternative to a real court and was established to shield drug companies from prosecution for vaccine injuries (like autism). Only small damages are granted, and those are charged to taxpayers, not Big Pharma. [Guess who lobbied for that.]
PPJ Gazette 2011 Jan 9 (Cached)

Here is a short video that is designed to condition people to accept and even approve being crammed into mega-cities with tightly controlled housing, transportation, education, job placement, and food choices. It’s pure propaganda for the UN’s Agenda 21 program that aims to remove most people from the country where they are hard to control and get them into mega-cities where they can be totally regimented. This REALLY is what is being planned for you.
YouTube 2011 Jan 4

Lockheed Martin, a military and aircraft production company, is the largest single recipient of US tax dollars. This author says that, like the largest banks, it has become too big to fail, which means its mistakes and corruption are always covered up by the government, and its losses are passed to the taxpayers. This is an eye-opening review.
Yahoo 2011 Jan 4 (Cached)

Alcohol is a fuel and can be distilled from plants that thrive in poor soil, don’t need much rain, and grow like weeds without cultivation. [If we could ever break our fixation on gasoline from oil, producing fuel from these sources could bring back economic prosperity and oil independence to the US.]
ActivistPost 2011 Jan 4 (Cached)

US: Local law enforcement increasingly is being brought under federal control primarily through offers of money from Washington. [Local police departments seldom resist a federal grant to help them hire more officers and purchase needed equipment; but, with the money, comes control.]
PoliceOne.com 2010 Jan 3 (Cached)

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The Plain Truth of the Federal Reserve

Monday, January 3rd, 2011

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