The Global Economic Collapse Is Happening As You Read These Words

Dec 30th, 2015 www.thecommonsenseshow.com by Dave Hodges

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The entire wealth of the planet is estimated to be around $65-7o trillion dollars. Any debt that exceeds that amount should be considered to be a catalyst for global economic collapse and ultimately World War III along with the emergence of extreme authoritarian government similar to what the world witnessed prior to World War II.

Nations who are trying to save themselves from the abyss of economic collapse will seek to plunder the resources of other nations and when these predatory behaviors grow in number, global conflict will breakout. We are already seeing evidence of this in Ukraine (i.e. control of Eurasia’s gas) and in Syria and Iran (i.e. control of the medium of exchange to buy oil, gold vs. the dollar).

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In 2011, Bloomberg Reported that Bank of America shifted about $22 trillion worth of derivative obligations from Merrill Lynch and the Bank of America Corporation holding company to the FDIC insured retail deposit division. Along with this information came the revelation that the FDIC insured unit was already stuffed with $53 trillion worth of these potentially toxic obligations, making a total of $75 trillion dollars in debt from the toxic holdings of only one bank. In other words, the United States taxpayer owes Bank of America $75 trillion dollars when, not if, the credit swap derivatives market collapses. REMEMBER: ANY DEBT THAT EXCEEDS $70 TRILLION DOLLARS SHOULD BE CONSIDERED TO BE THE CATALYST FOR A GLOBAL ECONOMIC COLLAPSE.

Although this event was prominently reported in Bloomberg, it was not reported on Fox and CNN and the other corporate news entities. Further, the implications of this nation-busting act were never explained to the American people. So, the ignorant American people continue to entrust their life savings to entities who are planning to steal these assets.

Implications

Derivatives are highly flammable financial instruments that are used to insure the banks against risk. The main purpose of a derivative lies in the fact that they are used for speculation (i.e. gambling). The derivatives market comprises the modern day version of the big gaming casino on Wall Street!

Credit swap derivatives are bets made upon the future value of stocks, bonds, mortgages, other loans, currencies, commodities, volatility of financial indexes, and even weather changes. It is a case of the Las Vegas Strip coming to Wall Street. The banksters are playing with house money. Only in this case, the house money is the good faith and credit of the American taxpayer.

And it is not just Bank of America that is stealing your money to cover their derivatives debt. All of the “too big to fail” banks (e.g. JP Morgan, Wells Fargo) have had their gambling addiction guaranteed by the American people. This was supposed to be a secret that would be kept from the American people in order to keep America from rioting and stringing up every banker that they could get their hands on. So,why isn’t that you have not heard about this before (an estimated 95% of the readers are probably ignorant of this fact)? Well, the fact remains that there have been cracks in the conspiracy and there have been people telling all of us about this very fact. Breitbart told you about this fact last year. Politifact came to the party late, but even they reported this fact late last year. Ellen Brown wrote about this development last year. Forbes covered this development in 2013. The Common Sense Show covered this event many times in 2011-12 on several broadcasts. On November 16, 2014, I covered the fact that the G20 nations passed a joint resolution to get their nation’s central banking system to declare that your bank account was not defined as money. This was done because the G20 central banks are approaching insolvency. This put your assets at the bottom of the list for FDIC compensation in the event of a bank failure. In other words, your money is as good as gone.

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Even if Wall Street was to net out the worth of the derivatives involved, the amount is so large that the United States could not hope to pay it off. Why? Because the debt is estimated to be at $1.5 quadrillion dollar debt without a major dollar devaluation, if another collapse were to actually occur and a large part of the derivatives were triggered, the U.S. government cannot cover the obligation. Rest assured that the banks would be made whole. However, the same cannot be said for the American taxpayer. The Federal Reserve has not only given their blessing, they approved the transfer of the derivatives from Merrill Lynch to insured retail unit of BAC before the deal was even done. Why would the Federal Reserve participate in the economic suicide of our country? Because these sacred cow banks are owned by prominent members of the Federal Reserve Board. The Federal Reserve members are intent on financial survival at the expense of the people.

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Solely based upon the condition of the megabanks, it is a foregone conclusion that these bank customers are going to lose their assets. Since the U.S. only takes in $2 trillion dollars per year, where is the money going to come from to cover the derivatives debt? The interest on the derivatives debt is exploding faster than we can pay the interest on it, $505 trillion per year . This one set of circumstances is enough, on its own, to collapse the U.S. economy. This could be the straw that breaks the camel’s back. However, we have a lot of straws sitting upon the backs of the American camel.

1. The national debt.

2. The national deficit.

3. The stock market bubble.

4. The MERS mortgage fraud which has stolen an estimated 13 million homes.

5. The 1.5 quadrillion derivatives debt.

6. The record low Baltic Index which speaks to the health of the global economy.

7. Record consumer credit debt.

8. 5o million Americans on food stamps.

9. Shadow Stats which states that 23% of Americans are unemployed and underemployed

10. A weakened military as we sit upon the edge of World War III at a time when Obama is downsizing our military and firing its leadership base.

11. Increased foreign reliance of food imports (20% of the total).

12. The FCC and Attorney General Loretta Lynch is trying to gain control over the Internet in an attempt to silence the opposition of the independent media.

13. Food inflation which some estimate to be at about 18%.

14. The media is owned by six corporations who have helped to create this problem.

15. Unfunded liabilities (i.e. Social Security, Medicare) are now in excess of $240 trillion dollars. Remember, any debt in excess of $70 trillion dollars should be considered to be a catalyst for global economic collapse.

Do you actually believe that various segments of the economy can be collapsing around you and that your life savings, your retirement and your other miscellaneous investments are going to be safe? Why do you think Obama wants your guns? The elite knows what is coming, they have planned for this day. And they are laughing at your ignorance and the fact that YOU have funded their golden parachutes.

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Everybody gets the joke but the American people. You are renting your life savings and all that you own from the following people:

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What Does It All Mean?

I wish all questions had answers this simple. Soon-to-be broke bankers start wars which will kill millions/billions in order to preserve their financial standing. Broke citizens start civil wars. Power hungry government bureaucrats, eager to preserve their power, promote false flag attacks to promote the implementation of a genocidal system of global feudalism under the New World Order.

Is there anything that can be done? Not without divine intervention. The debt could be repudiated but that would still trigger World War III. About the one thing you can do to is store up on God’s teachings, guns, gold, food and form trusted alliances.

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2016 Predictions-Economic Collapse Caused by Fraud & Debt-Bill Holter

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By Greg Hunter’s USAWatchdog.com Dec 30th, 2015

Financial writer Bill Holter says all the talk of the so-called “recovery” and reaching “escape velocity is imminent” have been total lies. Holter explains, “We have heard the word ‘recovery’ for seven years . . . we’ve never gotten to the expansion phase. They keep talking about ‘escape velocity,’ and we have never gotten there in seven years. Now, the Fed has raised interest rates just before Christmas. This is the first time ever the Fed has raised rates right before Christmas, and they raised rates into a weak economy where credit is already tight. The only time they have done that is 1937, and we know how that worked out.”

One of Holter’s 2016 predictions is for a market crash—a big one. “Holter contends, “I think you are going to see a closure of the system. Walmart shelves will be cleared out in a couple of days. This is like a hurricane, and it will last for a while. This is not going to be something that will last a few days and be done and gone. . . This is going to take a fair amount of time to clean up. . . . If you live in the cities, well, good luck. It’s going to be complete mayhem. I can’t imagine living in a city with what’s coming. It could come for a big reason or a small reason. The background behind it is there is too much debt in a fraudulent system. It’s going to collapse.”

Holter’s business partner, renowned gold expert Jim Sinclair, has written a long article called “Be Prepared.” Long articles from Mr. Sinclair are rare. Why post this now? Holter says, “Sinclair said it was ‘necessary.’ He believes it could be any day. The unwind could be any day, and once this thing begins to unwind, it will take such a short period to unwind into closure of banks, closure of ATM’s and your credit cards, that you need to be prepared ahead of time.”

(You can get the “Be Prepared” article here.)

On gold, Holter says, “You just have to ask yourself the question. If someone counterfeited a billion shares of IBM stock and sold that into the market, what would happen to the price? It would crash. That’s what they’ve done with gold. It’s the same thing. It’s fraud. They have counterfeited gold with paper.”

The bond market is full of debt that will never be paid back. It’s one of the biggest frauds of all, and Holter says, “Go back to 1995 and our debt in the U.S began to move up like a hockey stick. Somewhere in the mid to late 1990’s was the point of no return. We didn’t really have any hope of paying it back. In 2008, it was ridiculous, and at this point, it is beyond ridiculous. They can’t pay back the $19 trillion much less the $200 trillion, which is what the real number is when you include Social Security, Fannie Mae, Freddie Mac, Medicare, loan guarantees and etcetera.” In closing, Holter says, “This is going to be a complete financial collapse. You are going to see some deflation, but it’s not going to be deflation against dollars. It will be deflation against gold.” Meaning, the value of everything will devalue against gold.

Join Greg Hunter as he goes One-on-One with gold expert Bill Holter from JSMineset.com.

(There is much more in the video interview.)

Home » Market Analysis » 2016 Predictions-Economic Collapse Caused by Fraud & Debt-Bill Holter
2016 Predictions-Economic Collapse Caused by Fraud & Debt-Bill Holter
By Greg Hunter On December 30, 2015 In Market Analysis No Comments
22By Greg Hunter’s USAWatchdog.com

Financial writer Bill Holter says all the talk of the so-called “recovery” and reaching “escape velocity is imminent” have been total lies. Holter explains, “We have heard the word ‘recovery’ for seven years . . . we’ve never gotten to the expansion phase. They keep talking about ‘escape velocity,’ and we have never gotten there in seven years. Now, the Fed has raised interest rates just before Christmas. This is the first time ever the Fed has raised rates right before Christmas, and they raised rates into a weak economy where credit is already tight. The only time they have done that is 1937, and we know how that worked out.”

One of Holter’s 2016 predictions is for a market crash—a big one. “Holter contends, “I think you are going to see a closure of the system. Walmart shelves will be cleared out in a couple of days. This is like a hurricane, and it will last for a while. This is not going to be something that will last a few days and be done and gone. . . This is going to take a fair amount of time to clean up. . . . If you live in the cities, well, good luck. It’s going to be complete mayhem. I can’t imagine living in a city with what’s coming. It could come for a big reason or a small reason. The background behind it is there is too much debt in a fraudulent system. It’s going to collapse.”

Holter’s business partner, renowned gold expert Jim Sinclair, has written a long article called “Be Prepared.” Long articles from Mr. Sinclair are rare. Why post this now? Holter says, “Sinclair said it was ‘necessary.’ He believes it could be any day. The unwind could be any day, and once this thing begins to unwind, it will take such a short period to unwind into closure of banks, closure of ATM’s and your credit cards, that you need to be prepared ahead of time.”

(You can get the “Be Prepared” article here.)

On gold, Holter says, “You just have to ask yourself the question. If someone counterfeited a billion shares of IBM stock and sold that into the market, what would happen to the price? It would crash. That’s what they’ve done with gold. It’s the same thing. It’s fraud. They have counterfeited gold with paper.”

The bond market is full of debt that will never be paid back. It’s one of the biggest frauds of all, and Holter says, “Go back to 1995 and our debt in the U.S began to move up like a hockey stick. Somewhere in the mid to late 1990’s was the point of no return. We didn’t really have any hope of paying it back. In 2008, it was ridiculous, and at this point, it is beyond ridiculous. They can’t pay back the $19 trillion much less the $200 trillion, which is what the real number is when you include Social Security, Fannie Mae, Freddie Mac, Medicare, loan guarantees and etcetera.” In closing, Holter says, “This is going to be a complete financial collapse. You are going to see some deflation, but it’s not going to be deflation against dollars. It will be deflation against gold.” Meaning, the value of everything will devalue against gold.

Join Greg Hunter as he goes One-on-One with gold expert Bill Holter from JSMineset.com.

(There is much more in the video interview.)

After the Interview:

Holter adds, “2016 is going to be a very sad year.” There is free information on JSMineset.com. The article “Be Prepared” can be found by clicking here.

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No Recovery Whatsoever-Paul Craig Roberts

Published on Dec 27, 2015
Former Assistant Treasury Secretary Dr. Paul Craig Roberts says, “There has been no recovery whatsoever. . . . If you look at the economy realistically, and that means you don’t use their phony numbers, there has been no recovery whatsoever and, in fact, it continues to worsen. We see that the “Labor Force Participation Rate” continues to sink. . . . When you consider the full measure of unemployment . . . we still have an unemployment rate of 23% after 7 years of an alleged recovery? I think this is the first so-called recovery where the labor force fell. Normally, when you have a recovery, people re-enter the labor force and the participation rate rises.”

Join Greg Hunter as he goes One-on-One with Dr. Paul Craig Roberts.

All links can be found on USAWatchdog.com: http://usawatchdog.com/paul-craig-rob...

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THE ODDS ARE NEVER IN YOUR FAVOR

by www.theburningplatform.com 12-27-15

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The irony of the phrase “may the odds be ever in your favor” is not lost on the readers of the Hunger Games trilogy of novels or the film adaption. Despite the grimness of the story, over 65 million copies of the books have been sold. The total box office take so far has exceeded $1.4 billion for the four movies. The dystopian series tackles real issues like severe poverty, starvation, torture, oppression, betrayal and the brutality of war. It doesn’t fit into the standard film making success recipe of feel good fluff, politically correct storylines and happy endings. Each film in the series gets progressively darker, with the final episode permeating doom and gloom. The books and the movies capture the deepening crisis mood engulfing the world today. And they realistically portray the world as a place where there are no good guys in positions of power. The ruling class, in all cases, is driven by a voracious appetite for supremacy, wealth, and control.

An Ambiguous, Confusing, Dangerous World
The world is a morally ambiguous place where those in power and those seeking power utilize the influence of media propaganda and PR campaigns built around “heroes” and “icons” to psychologically control the masses, while enriching themselves and their crony capitalist sponsors. Endless war against the latest “bad guys” further enriches the arms dealers and their political lackeys who joyfully use faux patriotism and nationalistic fervor to insist upon more boots on the ground, drones in the air, bombs dropped, and missiles launched.

War is good for business and keeps the masses distracted, while the Wall Street financiers harvest the wealth of the citizens. The division of the country into 12 districts, sending their bounty to the capital of Panem at the point of a gun, while they are allocated a pittance to survive, is no different than our corporate fascist government as they extract hundreds of billions in taxes, fees, levies, tolls, and fines from the productive class, while regulating, enforcing, mandating, and authorizing the plebs to death.

We live in a confusing world of anxiety, hate, greed, deceit and immorality, where governments throughout the world are nothing but rotting cesspools of psychotic despots desperately clinging to power while using any means necessary to keep the masses sedated and docile. Good people, with noble intentions, still exist in this decadent world, but they do not seek power or have any say in the governance of this world. The oppressed are hopelessly enslaved in debt, kept submissive by welfare transfers from the corrupt state, dumbed down by the state education system, amused by technological gadgets and vacuous entertainment, and kept in perpetual fear of seen and unseen enemies. We are told who to hate, who to fear, who to love, and who to believe by a nameless faceless state run by people we didn’t elect, constituting the invisible government.

The world is a dangerous place, made more dangerous by a willfully ignorant populace who mindlessly go about their day to day existence without thinking, questioning, or considering the possibility their leaders are corrupt lying thieves. We are told Putin, Assad, China, Iran and ISIS are the bad guys. Previously we had been told Hussein, Gadaffi, Bin Laden, Mubarak, Al Qaeda and the Taliban were the bad guys. It is true that none of these men or organizations are good.

It is also true that no one in leadership positions in Washington DC, on Wall Street, in corporate America, or in the mainstream media are good. The entire world is under the control of deceitful, cunning, egomaniacal, corruptible, psychopaths who will stop at nothing to fulfill their personal agendas. They are human beings who have allowed their dark sides to dominate their actions. There are no good guys, just varying degrees of evil imposed upon the masses by erratic unpredictable people with wildly differing levels of intelligence, patriotism and judgement.

The Power of Propaganda
It’s a tribute to the propagandists who have taken Edward Bernays’ teachings to another level as they have molded the minds of millions, consciously manipulating the opinions and beliefs of the masses to further their agenda of world domination. Once the Cold War ended, the ruling class sought enemies to keep their military industrial complex and Wall Street financiers enriched and happy. 9/11 was used to further that agenda as war on a tactic (terror) will never end. Perpetual conflict is a chief goal of the establishment. Orwell would be impressed with how our keepers have perfected the “We‘ve always been at war with Eastasia” propaganda tool to perpetuate their goals. Both parties continue to promote war and increase the profits of the military industrial complex.

The U.S. invaded Afghanistan fourteen years ago to get bin Laden and rid the country of the Taliban. Bin Laden was supposedly killed in 2011, but no documentary evidence has been revealed to substantiate that claim. The Taliban is stronger than ever in Afghanistan after hundreds of billions in expenditures and thousands of lives lost. The occupation continues. The neo-cons convinced the dimwitted Bush to invade Iraq in 2003 because Hussein was a bad guy with weapons of mass destruction. Amusingly, he was our buddy when he was fighting our Iranian enemies and we provided him with the WMD (gas) he used on the Kurds.

After spending $1 trillion, we left Iraq as a festering quagmire of religious zealots with a bombed out infrastructure and a corrupt incompetent puppet running the show on our behalf. Then it was on to leaving Libya in a state of chaos because we overthrew another bad guy. We didn’t like the democratically elected leader of Egypt after we overthrew Mubarak, so we overthrew Morsi and installed another military dictatorship. The propaganda storyline is always about democracy and getting rid of bad guys, not the truth about securing oil resources, weakening the enemies of Israel, and keeping the profits flowing to our “vital” defense industry.

It seems the empire ran into a bit of a snag with their plan to remove the latest “bad guy” in Syria. Another “bad guy” – Vladimir Putin – saw through the American plan to eliminate Assad and have their co-conspirators in Saudi Arabia and Qatar build a gas pipeline to Europe. After overthrowing the democratically elected president (and friend of Russia) of the Ukraine and waging an unsuccessful war against Russian backed rebels in Eastern Ukraine, Europe was left at the mercy of an angry Putin as far as not freezing to death during the upcoming winter.

Putin is a strongman leader of a country with a nuclear arsenal capable of blowing up the earth several times over. He will do what is in the best interest of his country and will not blink when confronted with the likes of corrupt feckless toadies like Obama, Kerry, Hollande, Merkel, and Edrogen. His counter measures and revelations about the true nature of U.S. and Turkish actions in Syria and Iraq have blown the lid off of U.S. plans in the Middle East.

The latest fear mongering propaganda device for the vested interests has been the dreaded ISIS. The captured mainstream corporate media fails to mention the U.S. created, armed and continues to fund ISIS as part of their master plan to overthrow Assad. The U.S. left Iraq in such a state of chaos and lawlessness, fanatical Islamist radicals used the vacuum of power and the billions of dollars’ worth of top notch U.S. military hardware to create a safe space for themselves within Iraq and Syria. The U.S. has been funding and arming the supposed “moderate” Islamic radicals fighting Assad for the last few years, while attempting to use a false flag gas attack to wage all-out war. The U.S., Saudi Arabia, and Turkey created ISIS in order to further their economic and political interests. Lead neo con warmonger, Maniacal McCain, even had a photo op with his ISIS homies.

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Once Putin decided to fully support Assad and actually concentrate on destroying ISIS, it became clear the U.S. was turning a blind eye to the billions in illicit oil profits being earned by ISIS refining, transporting and selling oil to Turkey. Putin began to destroy the oil infrastructure of ISIS and immediately saw a passenger plane blown out the sky and a bomber shot down by Turkey. So the organization we created is now the most feared terrorist organization on the planet, but we refuse to cooperate or coordinate its defeat with Assad or Putin because they are “bad guys”.

Turkey financially supports ISIS and is fighting hardest against our allies the Kurds, but we fully support their crazed dictator leader Erdogan. Iran is fighting ISIS, but more than half of Congress and all presidential candidates want to obliterate them on behalf of Israel. Virtually all domestic terrorism has a link to Saudi Arabia, they treat women like cattle, behead anyone not following Islamic law and are pumping oil at a prodigious pace in an effort to destroy the U.S. shale industry, but they are considered a close ally in the Middle East. It is quite clear there are no good guys running the show in this bizarro world of unholy alliances, backstabbing, revenge, and fear mongering.

A Lot of Hope is Dangerous
No one in positions of power can be trusted. Betrayal, violence, money, power and war are the weapons of the state. Loyalty, courage, sacrifice, love and hope are the domain of the people. The state walks a fine line between keeping the masses controlled through entertainment, debt, fear and hope. If the people lose all hope, despair leads to anger as those with nothing to lose take to the streets. President Snow of Panem explains the fine line between control and revolution:

“Hope. It is the only thing stronger than fear. A little hope is effective. A lot of hope is dangerous. Spark is fine, as long as it’s contained.”

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In the Mockingjay portion of the Hunger Games trilogy you are left with the evil President Snow attempting to maintain the status quo, with Panem ruling over the formally subservient districts, while President Coin leads the rebels in attempting to overthrow the rotting immoral government of Snow. Both sides use the power of media propaganda, symbolism, false heroes, and despicable tactics to win. In the standard good guy/bad guy plot used to entertain the American masses, the rebels would be the good guys fighting for a noble cause.

Their symbolic mockingjay leader – Katniss Everdeen – is portrayed as the fearless revolutionary of the people. She is the hope which ignites a revolution and turns despair into a war against the oppressive state and the wealthy vested interests in Panem. The rebels have the moral high ground, but the underlying feeling of distrust is always evident. The good guys might not be so good.

The central question of the final episode was, real or not real? Who can be believed? Are heroes really heroes or are they just created by public relations propaganda specialists? When an icon used to inspire a revolution has served their purpose, will the “good guys” purposefully sacrifice them for the good of the establishment? Can any government be trusted? Can any politician be trusted? Can the media be trusted?

The truth is that no one in a position of power can be trusted. The only people who can be trusted are family and friends. And even they can turn on you with enough monetary incentive. It’s a confusing, brutal world driven by greed, endless military conflict, religious zealotry, and controlled by shadowy unelected men using their ill-gotten wealth to pull the strings on all aspects of society. We are living in a dystopian nightmare where the masses have been induced to love their enslavement.

Katniss undergoes a metamorphosis after seeing her sister blown up while rushing to the aid of victims and later confronting President Snow after the rebels succeeded in overthrowing his regime. President Coin, the leader of the “good guys”, reveals herself to be even more duplicitous and evil than the leader of the “bad guys”. She used the deep-seated characteristic of human compassion to kill Katniss’ sister along with hundreds of children and rescue workers as a tactic to turn the war in her favor. Those in positions of power will use any means necessary to gain or maintain power.

When Coin proposes a last Hunger Games sacrificing the children of the previous regime’s leadership, Katniss realizes Coin is going to just replace Snow as a dictator, perpetuating the despotic policies which created the rebellion in the first place. Katniss rightly decides that killing innocents, and especially children, is never justifiable. Therefore, she decides to kill Coin, while the rioting crowds kill Snow. She sacrifices her status as a national hero in order to give her country a chance to regain its former glory as a republic. The personal sacrifice on behalf of her country is almost unbearable, but ultimately sacrifice, courage, love, strength and hope for a better future are able to sustain her during the dark days.

Turnkey Tyranny
As the former Republic known as America has descended towards the tyranny of a corporate fascist surveillance state, there have been two true patriots who have dedicated their lives to inspiring a revolution in thought and action to help this country regain its former glory based on the U.S. Constitution. One patriot is young and the other patriot old, but their message is the same – we must resist and oppose the ever growing oppressive power of a tyrannical state systematically dismantling the Constitution and stripping the people of liberty and freedom. Their words speak for themselves.

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“The great fear that I have regarding the outcome for America of these disclosures is that nothing will change. People won’t be willing to take the risks necessary to stand up and fight to change things… And in the months ahead, the years ahead, it’s only going to get worse. The NSA will say that… because of the crisis, the dangers that we face in the world, some new and unpredicted threat, we need more authority, we need more power, and there will be nothing the people can do at that point to oppose it. And it will be turnkey tyranny.” – Edward Snowden

“The original American patriots were those individuals brave enough to resist with force the oppressive power of King George. I accept the definition of patriotism as that effort to resist oppressive state power. The true patriot is motivated by a sense of responsibility and out of self-interest for himself, his family, and the future of his country to resist government abuse of power. He rejects the notion that patriotism means obedience to the state.” – Ron Paul

Edward Snowden is our modern day Paul Revere, but instead of riding across the countryside warning “the British are coming”, he used the power of modern technology to warn the world “the NSA is watching, listening, and monitoring”. He sacrificed his citizenship, high paying job, freedom, and possibly his life (if the U.S. government had its way) in order to blow the whistle on the blatant destruction and disregard for the Fourth Amendment being perpetrated by the NSA, with the full knowledge and approval of the executive, legislative and judicial branches of the U.S. government.

He knew his revelations would result in his persecution, attempted apprehension and ultimate imprisonment, as the corrupt malevolent establishment and their mass media mouthpieces would brand him a traitor for revealing the truth about the illegal malfeasance being conducted at the highest levels of government. He realized true patriotism is sacrificing your life for something bigger.

“I had been looking for leaders, but I realized that leadership is about being the first to act. I understand that I will be made to suffer for my actions, and that the return of this information to the public marks my end.” – Edward Snowden

Snowden’s revelations exposed the U.S. government for what it really is, a corporate fascist organization designed to benefit a chosen few while oppressing the masses through debt, currency debasement, and perpetual war, while implementing Orwellian surveillance measures designed to capture dissenters and critical thinkers. The sustenance of the welfare/warfare state requires a dumbed down, passive, distracted populace who can be manipulated and controlled through propaganda and baubles.

Thus far, the vested interests have successfully convinced more than half the population that Snowden is a traitor. The power of propaganda in conjunction with a willfully ignorant public is a potent combination. Even though Snowden’s disclosures have not spurred a revolution yet, they have sparked an underlying dissent that has been growing, as trust in government, politicians, bankers, media and corporate leaders wanes.

“I can’t in good conscience allow the US government to destroy privacy, internet freedom and basic liberties for people around the world with this massive surveillance machine they’re secretly building. I do not want to live in a world where everything I do and say is recorded. That is not something I am willing to support or live under. Everyone everywhere now understands how bad things have gotten — and they’re talking about it. They have the power to decide for themselves whether they are willing to sacrifice their privacy to the surveillance state.” – Edward Snowden

Snowden worked within the system until his conscience made it unbearable for him to support an immoral, rogue organization bent on trashing the U.S. Constitution at the behest of leaders’ intent on retaining their power, control and wealth through any means necessary. Ron Paul has taken a different, but equally noble path as one of the few patriots who worked within the system, but never became corrupted by the system. He has been a voice in the wilderness for decades, condemning the relentless march towards tyranny that he saw firsthand while in Congress.

The establishment, media and leadership of both political parties have scorned and ridiculed him as ineffective and inconsequential. There was never a piece of legislation with his name on it that passed during his time in Congress. His nickname was Dr. No, as he voted against anything that added to the national debt or took away freedoms or liberties.

This disparagement reveals the fallacy of what constitutes success in Washington D.C., as there are now over 5,000 Federal laws, 180,000 pages of Federal regulations, $18.8 trillion of Federal debt, $200 trillion of unfunded Federal liabilities, and every politician of both parties completely captured by corporate and special interests. There is one ruling party and the appearance of choice is nothing but a farce designed to make the masses think they have a say in the governance of their country.

“We’ve slipped away from a true republic. Now we’re slipping into a fascist system where it’s a combination of government, big business and authoritarian rule, and the suppression of the individual rights of each and every American citizen. When it comes to any significant differences on foreign policy, economic intervention, the Federal Reserve, a strong executive branch, a welfarism mixed with corporatism, both parties are very much alike. The major arguments in hotly contested presidential races are mostly for public consumption to convince the people they actually have a choice.” – Ron Paul

The vitriol and bile hoisted upon Snowden and Paul expose the weakness of the ruling class, as truth, honesty, personal courage, and sacrifice for a higher purpose are attributes they cannot subvert or buy off. It’s the words and actions of men like Edward Snowden and Ron Paul that provide hope for critical thinking liberty minded citizens. The ruling class knows a lot of hope is dangerous, so they must undermine the messages of these patriots. Ideas matter. Words matter.

These two men have inspired me and an unknown number of other citizens who still believe in the Constitution and will do everything in our power to provoke a revolution of reason, truth and honesty. The odds will never be in our favor. Carroll Quigley understood the odds were stacked against the American people over 50 years ago. The domination of the world by central bankers representing private interests has never been more evident than it has since the Federal Reserve created 2008 financial crisis and the traitorous actions taken by politicians and central bankers in the last seven years.

“The powers of financial capitalism had a far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland; a private bank owned and controlled by the world’s central banks which were themselves private corporations. Each central bank… sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.” – Carroll Quigley

Even though the odds are never in our favor, there is still hope. Not everyone has to make the extreme sacrifice like Edward Snowden or dedicate their life to the message of liberty like Ron Paul in order to contribute to the revolution. There are thousands of small acts which will weaken the establishment. Arm yourself. Stop watching and listening to the mainstream media. Take your money out of Wall Street banks. Grow your own food. Barter with others and starve the beast. Reduce your tax footprint. Buy locally and boycott mega-corporations. Build relationships with neighbors and reduce your dependency on the government.

Don’t be a slave to debt. Live beneath your means and accumulate some physical silver and gold. Don’t vote for candidates selected by the vested interests. Spread the message of liberty and freedom to anyone who will listen. Support the alternative media and send pertinent articles to family, friends and acquaintances. Think critically. Do not trust your government. Prepare for the inevitable collapse of this rotten, fetid, corrupt paradigm. Hope, love, courage, and persistence will ultimately win. The tide is turning. Panem will fall. What replaces the existing social order will be up to us.

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Global Alert News, December 26, 2015 ( geoengineeringwatch.org )

Published on Dec 26, 2015
http://GeoengineeringWatch.org
TO READ OR POST COMMENTS ON THIS VIDEO, PLEASE GO DIRECTLY TO THE ARTICLE http://www.geoengineeringwatch.org/ge...
Populations in first world countries have been very successfully conditioned to believe that they are immune to the world's problems. Most have convinced themselves that if they ignore dire issues for a long enough duration, the problems will magically go away. This very delusional notion is very close to being completely obliterated. Converging catastrophes are now here, there is no place to hide. As a boy I watched every one of the Jacques Cousteau documentaries, multiple times. Mr. Cousteau was a massive influence in my life, the sound of his voice is forever burned into my consciousness. One of his statements has always stood out prominently in my mind: "Not only have we failed to realize we are one people, we have forgotten we have only one planet. Today we have nowhere else to go". Very harsh and irreversible realities are already unfolding by the day, the fossil fuel fiesta is over. Do we just give up because the former way of life is over? There can be no virtue or solace with taking such a path. How could we look our children in the eyes if we took this course, ever? If we have any chance to preserve what is left of Earth's life support systems, we are obligated to try with every fiber of our being. The greatest leap we could take in the right direction is to expose and halt climate engineering. Now is when we find out what we are made of, and why we are here. Make your voice heard.

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Christmas Message 2015 from Greg Hunter

Published on Dec 23, 2015
There is not going to be a Weekly News Wrap-Up this week because I am taking off for Christmas. I do have a few odds and ends to share with my Christmas message and I hope you have a very MERRY CHRISTMAS.

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Economic Collapse Leads to Nuclear Event

Published on Dec 18, 2015
In today's video, Christopher Greene of AMTV reports on the Economic Collapse 2015.
Website: http://www.amtvmedia.com/
On Demand: https://amtvmedia.vhx.tv/
Store: http://store.amtvmedia.com/

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Greg Hunter Weekly News Wrap-Up 12.18.15

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BREAKING: Truth Behind Fed Interest Rate Hike

Fed Rate Hike: It's Too Late

ALERT: Federal Reserve Hikes Rates, And This Is What's Coming Next! By Gregory Mannarino

Published on Dec 16, 2015
1) Link to a NEW chart I made for you. Click here: https://traderschoice.net/The-Equity-...
2) Prophetic. Check out this video I did last week where I talked about what would happen this week. It played out EXACTLY like I said.
https://www.youtube.com/watch?v=_BV7o...
*GET YOUR FREE COPY of my 197 page eBook "Ultimate Guide To Money And The Markets." Visit my website TradersChoice. Click here: https://traderschoice.net/

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The Epocalypse: What Will D-Day Look Like?

by www.thegreatrecession.info

1

D-day, December 16, 2015. It’s now the dawn of that day when either the Fed Does or the Fed Doesn’t. It doesn’t matter. Either way, the economic apocalypse begins. Let me share something counter-intuitive. Whether the Fed raises interest rates or not, this Wednesday is D-day for the Fed’s economic recovery because the Fed is Damned if it does and Damned if it doesn’t. I’ll certainly show you why, but the counterintuitive part is that you can expect the market to crash upward as it leaves Wonderland and returns to reality.

What if the Fed doesn’t?

While I am certain, like many, that the Fed will raise rates, the US stock market may crash faster if the Fed does not. That’s one thing that is counter-intuitive to some. I believe it would drop the very next day out of shear bewilderment as people try to fathom what the Fed’s failure to raise rates means. Throughout 2015, the Fed has been building up expectations for its first raise in interest rates in nine years. In a world where every word of the Fed is dusted off with a soft-hair brush like an artifact in the sand, the Fed’s broad hints of an interest-rate rise are about as abrupt as the Fed gets.

Thus, the market actually went up in December when the jobs report was good, when it has been doing the opposite for years. Good news was perceived, finally, as good news, just as happened briefly in September when the market readied for a interest-rate increase. The market went up because a good report means the Fed is likely to do the rate increase and get it behind us so that everyone can stop fretting about it. There is a strong growing feeling at this point of “Let’s get it over with so we can stop worrying about it.”

If the Fed doesn’t do it on Wednesday, then it doesn’t happen in 2015. If the Fed fails for the last possible time this year to raise rates after setting up expectations all year long and heightening those expectations in the last couple of weeks, people will be exasperated that this word play never ends. Everyone who still believes in the Fed will wonder what went so wrong that the Fed still could not raise rates.

Questions will abound: Does the Fed not believe in its own recovery? Will we suffer the uncertainty of “will they/won’t they” like a repeating, nauseating dream forever? Does the Fed have no end game? Have they really painted themselves into a corner? Are the permabears right that we’re living in an illusion?

If the Fed cannot do it right now when investors are most expecting it and unemployment is where the Fed says it wants things, then whenever can it? The Fed will lose all credibility, and in the fiat money game, credibility is the core value of money.

What if the Fed does?

Maybe I am a contrarian to contrarians because while I have taken the contrarian view that the recovery is an illusion, most contrarians appear to believe the stock market will crash as soon as the Fed raises rates. I take a counterintuitive view as being most likely. The market will most likely soar, even though raising rates definitely will cause its demise. How is that possible?

Fear of the Fed’s first rate increase is already priced in as the expectation for Wednesday’s Fed meeting. If the Fed raises rates, I would expect a momentary pause — a gasp of uncertainty — as investors quickly look around to see if the sky falls. Then when it doesn’t fall, they will breath a huge sigh of relief and take that as proof that the contrarian or bears were wrong. In sudden euphoric lightness of being they’ll proclaim, “We’re all right! We made it! We survived the day we have been told fear, and the sky didn’t fall.” Worry will give way easily to euphoria, which wants to happen. The feeling of nothing can stop us now will take the day. The Fed’s plan worked; things didn’t fall apart as the prophets of doom and gloom said. We are well on our way!

But what do you know about euphoria and human beings? In my experience, euphoria is more often divorced from reality than based upon it. It skews perception of reality, and usually comes in a manic-depressive wave. First you are washed over by the crest of euphoria and then you are sucked down into the trough of despair. Euphoria, in other words, never has staying power, and when you come out of it, you typically sink into depression if for no other reason than that it went away.

So, here is the thing: Whatever the Fed does do or doesn’t do, doesn’t change the reality that we are already surrounded by a global recession. Global GDP has been dropping every quarter of the year in 2015.

Here is reality: You are riding along in a vibrantly striped, hot-air balloon. That balloon is the stock market, and the hot air that has been keeping it aloft all year is generated by the Fed’s stimulus — the fire fueled by free money. All year the balloon your riding in has bounced along below the clouds. You’ve wanted to get above them. You get a little fire under the balloon, and it lofts upward briefly to just touch the clouds … only to fall again.

At the very end of this futile run, the fuel runs out. You’re afraid you are going to crash, but your hot-air balloon hits a thermocline just as the fire goes out and soars aloft like you’ve never felt before. You feel euphoric. But does that save you? There is no more hot air inflating the balloon; so your balloon is deflating, and the climate all around you has turned quite turbulent. Your momentary euphoria only makes your dread deeper when reality kicks in as the thermocline goes away.

If the last of the Fed’s free fuel goes away on December 16, what’s going to float your balloon?

China isn’t going to start buy our products in greater number when its own economic cooling is deliberate, and it’s competing against our products with a strong dollar and weak yuan working against us.

The high-yield bond market is crashing horrifically, which is usually followed by a stock-market crash. The Fed’s rising interest certainly isn’t going to help that situation.
That year-long ceiling on the stock market doesn’t go away because the Fed stops its stimulus, and your ride along that ceiling was largely supported by corporate stock buy-backs, which were supported by the Fed’s low interest, now going away.

The big Apple, one of ten stocks that kept the stock market’s average level, is falling because of diminished iPhone expectations right when the market cannot afford to lose any buoyancy.
Commodity prices are sinking all around you and will stay down for the long term, catching many US companies in a fierce downdraft that leads to new unemployment.
The declining growth of corporate revenue doesn’t reverse just because Fed stimulus ended. That ought to be obvious. So, with no free fuel from the Fed, what’s your fuel? Where does the new money come from?
Retail doesn’t start doing better just because the Fed turns up its interest targets, causing a rise in credit-card interest.
Global conflict has done nothing but create turmoil in the air around you all year, and it isn’t going away, regardless of what the Fed does. (China in the South China Sea, Russia in Ukraine, the Palestinians and Israelis.)

ISIS isn’t going away and has started reaching outside of the Middle East.
Inventory backlogs don’t go away because the Fed raises interest.
The national debt remains four times higher than it was before Obama took office, and the nation is still piling it on faster than it ever did before the Great Recession. So, how’s that going to turn around when the cost of financing the debt gets worse?
The greater part of this earth is buried in dollar-denominated debt that only gets worse if interest rates increase, heaping extra weight on the rest of the burdened world.
Global recession doesn’t end because the Fed ends its stimulus. Forty-plus stock markets now in steep decline, several of them crashing, aren’t going to magically reverse because of this day.
The European Central Bank took interest rates sub zero and then took them into the deep, sub-zero range, and European stock markets rewarded the central bank by falling because addicts need bigger hits to get the same high.

And all of that is why it ends here. The global cooling of the economy is sucking the heat out of stock markets all over the world. So, without that constant supply of free fuel, there is nothing left to lift your balloon. So, how long will it take for fear to set in as you start to realize, “Oh, we have to make it through all this on our own now? We’re flying without a safety net.”

The economy doesn’t crash because the Fed ends its free interest. The economy is already sinking. What crashes is the illusion of recovery. December 16, 2015, is D-day because it’s the day when reality starts to sink in. It’s the day when we either all see together that the Fed is incapable of taking us off artificial life support and realize that means we’re dead without it or when the Fed does take us off artificial life support, even though our vital signs are already receding as indicated in the list above.

Simply put, the end of the charade is here whether the Fed decisively starts raising rates or states that once more it is not going to raise them. There is one other possibility, and that is that the Fed drops back and punts by saying that it is raising interest, but effective some more distant date. That could leave the market wondering, “Will it really? Or will it be like Lucy to Charlie Brown, pulling the ball away at the last minute if it sees this test announcement causes a stir?”

That would leave the news unclear, so the market would not react decisively as if the Fed had failed to raise rates (because it did raise them; just not yet). The Fed’s free money would keep coming for awhile, delaying the market’s descent by keeping the fire under the balloon, as the market remained in a muddle about what the Fed is really going to do when the effective date comes.

The Fed could even say that its decision will change before the effective date, should things deteriorate during the interim between its announcement and its implementation. In that case, the US economy would still continue the descent it has already begun, but the inflection point for the stock market might not be as clear because the Fed would be keeping the fire under the balloon while effectively saying, “We’ll tell you a few weeks from now wether or not we’re really ending the ride,” leaving the market to float in limbo as it figures out what that means.

Why does the pseudo-recovery have to end at this inflection point?

As soon as the stock market dropped in August, even though I had predicted it would fall in the final quarter of the year or maybe earlier, I said to expect a good bounce, and bounce it did … real high. I said to expect it to fall right back down, and fall it did, right back down to where the S&P 500 is now down 2% from its starting point this year I explained that’s how these things go: The bull doesn’t give up trying, but the forces pulling it down are great enough to prevail. So, don’t pay too much attention to its death spasms. Dead people still kick … for a short time.

I can’t predict how the market will react if the Fed raises rates, because that initial response is just a matter of feelings. However, the basis for predicting the market’s ultimate demise due to the rate increase is simple. If the market is doing this poorly for an entire year with an endless supply of free money for banks to loan out at almost no interest, how is it possibly going to rise when its only remaining source of fuel is turned off?

It may bounce in euphoria over the simple relief that it didn’t immediately crash when the fuel tap was shut off, but that death spasm can’t last long with nothing left to lift prices up. The first interest-rate increase in nearly a decade cannot possibly help a slowing economy. And, if the Fed does the opposite and keep rates at zero, the inability to raise interest after telegraphing intentions to do so for an entire year should pretty well convince investors that the Fed has no end game. Market reaction is likely to be much harsher toward another postponement by the Fed than it was on the day after September’s aborted interest increase.

Here’s the bottom line: When the low interest ends, the companies that have been borrowing money to buy back stocks do less of that. The investment banks that could borrow money for free to purchase stocks … can’t do that any more either. The purchase of stocks overall slows in a market that has only kept level through the year by ten companies, one of which is receding at the moment.

The last source of new money into the market ends. Money may move from bonds into stocks for awhile longer perhaps, especially if we enter that period of short-lived euphoria, but that only means the high-yield bond market crashes quicker, taking down the economy with it and ultimately hurting the stock market, too.

The Fed has to raise rates; but, if it does so, it will be very reluctant to get back into this game again and have to go through another period of trying to get out of it again. So, it ends the last flame that floated this balloon market.

What I am betting is not that the market immediately plunges, though it easily could (euphoria in relief is never guaranteed), but that you will very soon be able to look back and see that this day, Wednesday, December 16, was the turning point — the day when the Fed’s illusion of recovery ended because the hot air was turned off. This is the day when we move back into the Great Recession — the start of the second dip that I call “the Epocalypse.”

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