When the Tidal Wave Hits, Part II – Jeff Nielson

Part I of this series was a wake-up call. Many readers know that we are headed toward an economic cataclysm, the cumulative result of decades of political corruption and willful self-destruction. What few (yet) understand is that what lies ahead is historically unprecedented in economic terms.
A collection of bankrupt governments are about to experience the most severe economic collapse in the history of these nations, simultaneously. The preceding installment provided some of the reasons why this will be the most horrific economic event in history.
We have historically unprecedented levels of debt. That is a house of cards waiting to collapse. We have historically unprecedented asset bubbles in terms of both their number and their magnitude. That is another house of cards waiting to collapse. But it gets much, much worse.
The currencies of our nations are worthless. The authority for this is none other than former Federal Reserve Chairman, B.S. Bernanke :
U.S. dollars have value only to the extent that they are strictly limited in supply.
But Bernanke did not “strictly limit” the supply of U.S. dollars. He engaged in the Bernanke Helicopter Drop, the most-reckless dilution of a major currency in history. In four years, he quintupled the supply of U.S. dollars – quintupling a supply accumulated over the previous 80 years, combined.

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Other Western currencies (and the yen) have been similarly debauched. The paper currencies being pawned off across the Corrupt West are worthless, with the exception of the Swiss franc.
The wealth which people unwisely hold in this paper in one form or another will be extinguished as soon as this paper acquires its actual value. The bonds of these governments will be doubly worthless: the debts of bankrupt regimes, denominated in worthless currencies. Another house of cards.
However, as noted in the previous instalment, these are far from the only economic diseases which now afflict our societies. Both unemployment and poverty are now at historic extremes, at a structural level. What is meant by that is that we have previously had episodes of extreme unemployment and/or poverty. But we have never had permanent levels of unemployment and poverty at the levels they are at today. Historically unprecedented. In North America alone, there are more than 50 million permanently unemployed people. People who will never be allowed to work. The occasional few who manage to escape the permanent unemployment trap will simply displace others into this ever-growing demographic.
How do our corrupt governments deal with our massive, permanent/structural unemployment problem? They pretend that most of the unemployed don’t exist. Their bogus “unemployment rates” only include people actively looking for employment.
We live in societies which produce few new jobs that provide more than minimum wage (a below-poverty line wage), and even fewer which provide a wage substantial enough to support a family. Where is the incentive to look for a job (if you can find one) where you work hard all day and still require charity just to survive?
People who have given up looking for jobs which don’t exist have effectively become “non-persons” in our societies. Their economic plight is no longer even dignified (by our corrupt governments) with the term “unemployment”. They are simply forgotten.
Less than half a century ago, not only did our societies provide full employment, but most of those jobs paid wages which allowed a middle-class standard of living – from one wage-earner. Today, most families are forced to have both spouses work, and even then, couples often struggle to avoid the debt-trap.
This is because real wages have been in a downward spiral for more than 40 years. Ever since the bankers removed their own Golden Handcuffs by assassinating the last vestige of our gold standard, they have been diluting our currencies at an historically unprecedented rate (except for Germany).
Real wages have fallen by more than 50% . A two-wage family of today does slightly less well than a single-wage household of 45 – 50 years ago. This translates into a drop of more than 50% in our standard of living. Household debt levels are also at historically unprecedented rates: mortgage debt, auto debt, student loan debt, credit card debt, etc. etc.
Naturally, with debt levels at historic extremes, savings levels are at historic lows. People with plenty of money in the bank ( real money) don’t do a lot of borrowing. At the household level, even those lucky enough to live above the poverty line have never been more economically vulnerable. Low wages. Sky-high debts. Very little savings – just the illusory “wealth” contained in one of our many asset bubbles.
Then there are the crippled economies themselves. A healthy economy doesn’t drive a nation into bankruptcy, because a healthy economy generates sufficient tax revenues to keep the government at least close to a balanced budget level. Healthy economies don’t produce unprecedented levels of poverty and homelessness. Healthy economies don’t produce unprecedented levels of permanent, structural unemployment. Healthy economies are not minimum-wage economies .
Look at Switzerland. More than 90% of the workers make the equivalent of more than $25/hour (USD). Switzerland has low unemployment, a high standard of living, and (compared to its Western neighbours) is relatively low in debt.
Mindless economists, with their extreme right-wing biases tell us “we can’t afford” to pay our workers a decent wage. Wrong. We can’t afford not to pay the workers a decent wage.
An imbalance between rich and poor is the oldest and most fatal ailment of all Republics.
– Plutarch, Greek philosopher (46 – 120 CE)
For more than 40 years, wages have spiraled lower. For more than 40 years, our economies have gotten sicker and sicker and sicker. Coincidence? Right. How long will it take for these right-wing sock-puppets to acknowledge they were wrong?
IMF: Wealth Inequality Harms Economies
In 2008; the right-wing governments which controlled most of the Corrupt West chose to save the Big Banks (i.e. meet their extortion demands) and sacrifice their social safety nets. In 2008; Iceland sacrificed its Big Banks and saved its social safety net. Today Iceland’s economy is (in relative terms) strong and healthy while the rest of the low-wage/low-social program, Corrupt West plunges toward cataclysm. Coincidence? Right.
What do our corrupt governments do about the collapse in real wages? They lie to us about the real rate of inflation to try to hide the collapse in purchasing power of our banker-diluted currencies. What do our corrupt governments do about the collapse in our economies? They lie to us about GDP, and pretend that these train-wreck economies are “growing”.
Regular readers now understand the inflation/GDP charade . If you lie about inflation, then for every percentage point you understate the rate of inflation you overstate GDP, since all GDP calculations must be fully deflated by the current inflation rate. Our governments grossly understate the real rate of inflation. This means they grossly exaggerate real GDP. Our crippled economies are not growing, they are shrinking.
Our mushrooming asset bubbles hide this sickening economic decay, but they cannot conceal it completely. Housing developments grow and sprawl all over the urban centers of our worst real estate bubble markets. But how many new shopping centers are being built? There hasn’t been a new, major shopping mall built in the United States in more than a decade.
We live in consumer economies. We’re told that these consumer economies are growing and growing. But we don’t need any more stores to meet all this “growth”? Even with the increase in on-line shopping, it still accounts for only a small percentage of overall retailing. Our consumer economies are not “doing their shopping online”, we’re simply not shopping.
The ultimate barometer for the endemic sickness of our economies are our ultra-low interest rates . Never before in history have Western governments had their interest rates set below 1% for any significant length of time. Setting interest rates at below-normal levels is what governments do to try to stimulate a sick economy. What does it say about our economic health with our interest rates permanently frozen near zero?
Today, after the U.S. economy has “recovered” for 8+ years, the Federal Reserve is still afraid to raise its benchmark interest rate back to the lowest level in history – because the U.S. economy is too weak to withstand paying interest on all its massive debts. It’s virtually the same across the rest of the Corrupt West.
Along with all of our economic diseases, we have a plethora of social diseases. Indeed, unemployment, poverty, and homelessness are just as much social diseases as they are economic diseases.
The growing demographic of poor, unemployed, and homeless creates other undesirable consequences. To start with, people in the lowest economic brackets don’t do nearly as well at maintaining their health. It’s not because these people don’t want to live healthier, it’s because they can’t afford to do so.
With our aging societies already straining the capacity of our healthcare system, we’re creating a large-and-growing demographic of people who are guaranteed to be in poor health as they age. The same societies which condemned these people to poverty cannot ignore their afflictions when they get sick. The poor-and-sick will overwhelm our healthcare system.
Sick economies. Sick societies. And these socio-economic diseases are on steep, downward trends. With our nations heading towards an unprecedented economic cataclysm, our economies and our societies have never been less-prepared to meet such a crisis . How did our once-prosperous economies and once-healthy societies descend so far, so fast?
This will be the subject of the third part of this series. We have seen a dramatic devolution in our political systems and a dramatic devolution in our legal systems across the Corrupt West. Part III will deal with a different form of cancer afflicting our nations – as the tidal wave approaches.

Jeff Nielson is co-founder and managing partner of Bullion Bulls Canada; a website which provides precious metals commentary, economic analysis, and mining information to readers and investors. Jeff originally came to the precious metals sector as an investor around the middle of last decade, but with a background in economics and law, he soon decided this was where he wanted to make the focus of his career. His website is www.bullionbullscanada.com.

Gerald Celente : Prepare For The Worst – The Death of The American Dream — Consumerism or Chaos

Posted on March 14, 2017 Written by Amy S.

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Gerald Celente  Prepare For The Worst

Trends research analysis expert, futurist, keynote speaker, and Institute Director, Gerald Celente is trusted by many large corporations as the foremost authority on trend forecasting, research, and analysis. He is the author of Trends 2000 and publisher of the Trends Journal®. Published and documented evidence proves that his institute has produced the most accurate, timely and comprehensive forecasts.
Gerald Celente’s extensive range of knowledge and expertise makes him a favorite of major media. They call on him for unique perspectives on the current events forming future trends. He is the world’s only analyst who covers 300 diversified trends fields. As the world leader in trend forecasting, Celente, with the combined resources of his trends institute, will analyze ALL the trends affecting you.
His presentations and research put your marketplace into perspective and puts you on a proactive path to profit. Each presentation zeroes in on hidden opportunities. Celente delivers strategies to CREATE and accurately TARGET products and services to meet the changing needs of the marketplace. Gerald Celente confers with you and your colleagues to identify your interests and concerns. He analyzes this information and assesses the impact of emerging trends that will affect your industry or profession and give proactive recommendations on how to profit change.

Consumerism has taking hold in America.  The population continues to stampede at malls and in some cases injuring and even killing individuals.  In 2008, a Wal-Mart worker was trampled to death in Long Island, New York by a stampede of hungry consumers looking for bargains.  There were also several people injured during the incident.  This Black Friday proved to be more of the same as shoppers filled shopping malls.  Some malls experienced violent crowds pushing and fighting with each other over items that were on sale.  It is absolutely mind boggling to see average people become violent over products sold at major retail stores.  Morality is in decline in America.

Regardless of debt the American public faces, it seems that shopping is the only thing that matters.  As debt increases it becomes harder for them to repay.  Can the American people ever awaken from their dystopian nightmare of mass consumption of products they don’t need?  They are accumulating large amounts of debt thanks to the Federal Reserve Bank’s printing of unlimited cheap money with incredibly zero to low interest rates.  Although, many do buy their basic necessities such as food and clothing, buying the latest products that includes video games and other computer gadgets are turning consumers into life-long debt slaves that will continue to pay their credit card companies with “interest” until the debt is paid. 

That can take a long period of time since interest rates are tied to credit cards and other revolving loan payments.  According to the Federal Reserve Bank (who continues endless money printing) and other government institutions, the average US household owes between $7,000 and $15,112 on credit cards.  The average mortgage debt is at $146,215 and student loans’ reaching the $1 trillion mark is at $31,240.  The total amount of debt the United States owes to its creditors namely China is at $17 Trillion and steadily increasing as the Federal Reserve Bank continues to buy its own US bonds.

URGENT: 11 NEW SIGNS TOTAL ECONOMIC COLLAPSE OF AMERICA IS IMMINENT 2017

The Economic Collapse of America is imminent. After President Donald Trump’s Speech on congress, nobody should have any more doubt that the American Economy has been in the process of Collapsing. Donald Trump’s speech to a joint session of Congress is being hailed as his best speech ever.  Even CNN’s Van Jones praised Trump, which shocked many observers.  Jones said that when Trump honored the widow of slain Navy Seal Ryan Owens that it “was one of the most extraordinary moments you have ever seen in American politics”, and Jones believes that Trump “became President of the United States in that moment”.  But Trump’s speech is not just being praised for that one moment.  He detailed many of the most important problems that our nation is facing, and he explained his prescription for addressing those problems.
Hopefully Trump’s words helped people to understand that our problems did not get fixed just because he got elected.  It is going to take extraordinary action to fix those problems, because our problems run very deep.  In particular, Trump made an exceedingly strong case that the U.S. economy has been badly deteriorating for a very long period of time.  The following are 11 quotes from Trump’s speech to Congress that show that the U.S. economy is in a state of collapse…
1 “Ninety-four million Americans are out of the labor force”
2 “Over 43 million people are now living in poverty”
3 “Over 43 million Americans are on food stamps”
4 “More than one in five people in their prime working years are not working”
5 We have the worst financial recovery in 65 years”
#6 “In the last eight years, the past administration has put on more new debt than nearly all of the other Presidents combined”
#7 “We’ve lost more than one-fourth of our manufacturing jobs since NAFTA was approved”
#8 “We’ve lost 60,000 factories since China joined the World Trade Organization in 2001″
#9 “Our trade deficit in goods with the world last year was nearly 800 billion dollars”
#10 “Obamacare premiums nationwide have increased by double and triple digits. As an example, Arizona went up 116 percent last year alone.”
#11  “We’ve spent trillions and trillions of dollars overseas, while our infrastructure at home has so badly crumbled”

The second financial bubble is going to soon burst, and there’s nothing anyone can do about it.

Peter Schiff stated, the Federal Reserve has set up the American economy for financial collapse and market crash for printing trillions of dollars back in 2008 and 2009.
The Federal Reserve’s policies of printing trillions of dollars back in ’08-09 have locked into place a serious financial crisis at some point in our future, Going so far as to intimate the economic collapse will occur at least some time in the next two years Paul wrote, It’s unavoidable, and even Donald Trump can’t stop it.

Trump will be the patsy for the supposed impending financial ruin. Just like everyone blamed Obama for the financial collapse in 2009, this time, Trump will unfairly get the blame, the former Texas representative wrote. Prepare for the coming stock market crash and economic collapse, please share this video…

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Rule by Thieves: One Week in the Life of the American Kleptocracy

By John W. Whitehead
March 13, 2017
“The first and most important thing to understand about politics is this: forget Right, Left, Center, socialism, fascism, or democracy. Every government that exists — or ever existed, or ever will exist — is a kleptocracy, meaning ‘rule by thieves.’ Competing ideologies merely provide different excuses to separate the Productive Class from what they produce. If the taxpayer/voters won’t willingly fork over to end poverty, then maybe they’ll cough up to fight drugs or terrorism. Conflicting ideologies, as presently constituted, are nothing more than a cover for what’s really going on, like the colors of competing gangs.” — Author L. Neil Smith

The American kleptocracy (a government ruled by thieves) continues to suck the American people down a rabbit hole into a parallel universe in which the Constitution is meaningless, the government is all-powerful, and the citizenry is powerless to defend itself against government agents who steal, spy, lie, plunder, kill, abuse and generally inflict mayhem and sow madness on everyone and everything in their sphere.
 
Case in point: in the same week that Wikileaks dropped its bombshell about the CIA’s use of spy tools to subject law-abiding Americans to all manner of government surveillance and hacking—a revelation that caused barely a ripple of concern among the citizenry—the government quietly and with little fanfare continued to wage its devastating, stomach-churning, debilitating war on the American people.
 
Incredibly, hardly anyone noticed.
 
This begs the question: if the government is overstepping its authority, abusing its power, and disregarding the rule of law but no one seems to notice—and no one seems to care—does it matter if the government has become a tyrant?
 
Here’s my short answer: when government wrongdoing ceases to matter, America will have ceased to be.
 
Just consider the devastation wrought in one week in the life of our American kleptocracy:
 
On Monday, March 6, police were given the go-ahead to keep stealing from Americans who were innocent of any wrongdoing.
 
In refusing to hear a challenge to Texas’ asset forfeiture law, the U.S. Supreme Court allowed Texas police to keep $201,000 in ill-gotten cash primarily on the basis that the seized cash—the proceeds of a home sale—was being transported on a highway associated with illegal drug trade, despite any proof of illegal activity by the owner. Asset forfeiture laws, which have come under intense scrutiny and criticism in recent years, allow the police to seize property “suspected” of being connected to criminal activity without having to prove the owner of the property is guilty of a criminal offense.
 
On April 1, 2013, James Leonard was driving with a companion, Nicosa Kane, on U.S. Highway 59 in Texas when the vehicle was stopped by a state police officer for allegedly speeding and following another vehicle too closely. A subsequent search of the vehicle disclosed a safe in the trunk, which Leonard explained belonged to his mother, Lisa Leonard, and contained cash. When the police officer contacted Lisa Leonard, she confirmed that the safe’s contents belonged to her, that the contents constituted personal business, and that she would not consent to allowing the officer to open the safe. After police secured a search warrant, the safe was opened and found to contain $201,000 and a bill of sale for a home in Pennsylvania.
 
Neither the Leonards nor Kane were found to be in possession of illegal drugs. However, the state initiated civil forfeiture proceedings against the $201,100 on the ground that it was substantially connected to criminal activity because Highway 59 is reputed to be a drug corridor. At trial, Lisa Leonard testified that the money was being sent to Texas so that she could use it to purchase a home for her son and Kane. Both the trial and appeals courts affirmed the authority of state officials to seize and keep Leonard’s funds under the state’s asset forfeiture law, basing their ruling on wholly circumstantial evidence and the reputation of Highway 59. Leonard then asked the U.S. Supreme Court to compel Texas to return her money, given that she was innocent of any crime. In refusing to hear the case on a technicality, the Supreme Court turned its back on justice and allowed the practice of policing for profit to continue.
 
On Tuesday, March 7, hacked information about the surveillance state was met with a collective shrug by the public, a sign of how indifferent the citizenry has become to living in an electronic concentration camp.
 
Wikileaks confirmed what we’ve suspected all along: the government’s ability to spy on law-abiding Americans is far more invasive than what we’ve been told. According to the Wikileaks Vault 7 data dump, government agencies such as the CIA and the NSA have been spying on the citizenry through our smart TVs, listening in on our phone calls, hacking into our computerized devices (including our cars), and compromising our security systems through the use of Trojan horses, spyware and malware.
 
As this Wikileaks revelation confirms, we now have a fourth branch of government. This fourth branch came into being without any electoral mandate or constitutional referendum, and yet it possesses superpowers, above and beyond those of any other government agency save the military. It is all-knowing, all-seeing and all-powerful. It operates beyond the reach of the president, Congress and the courts, and it marches in lockstep with the corporate elite who really call the shots in Washington, DC.
 
You might know this branch of government as Surveillance, but I prefer “technotyranny,” a term coined by investigative journalist James Bamford to refer to an age of technological tyranny made possible by government secrets, government lies, government spies and their corporate ties. Beware of what you say, what you read, what you write, where you go, and with whom you communicate, because it will all be recorded, stored and used against you eventually, at a time and place of the government’s choosing.
 
Privacy, as we have known it, is dead.
 
On Wednesday, March 8, police were given further incentives to use the “fear for my life” rationale as an excuse for shooting unarmed individuals.
 
Upon arriving on the scene of a nighttime traffic accident, an Alabama police officer shot a driver exiting his car, mistakenly believing the wallet in his hand to be a gun. From the time the driver stumbled out of his car, waving his wallet in the air, to the time he was shot in the abdomen, only six seconds had elapsed. Although the Eleventh Circuit Court of Appeals concluded “that a reasonable officer in Hancock’s position would have feared for his life,” the video footage makes clear that the courts continue to march in lockstep with the police, because no reasonable person would shoot first and ask questions later.
 
A report by the Justice Department on police shootings in Philadelphia, which boasts the fourth largest police department in the country, found that half of the unarmed people shot by police over a seven-year span were “shot because the officer saw something (like a cellphone) or some action (like a person pulling at the waist of their pants) and misidentified it as a threat.”
 
What exactly are we teaching these young officers in the police academy when the slightest thing, whether it be a hand in a pocket, a man running towards them, a flashlight on a keychain, a wallet waved in a hand, or a dehumanizing stare can ignite a strong enough “fear for their safety” to justify doing whatever is deemed necessary to neutralize the threat, even if it means firing on an unarmed person?
 
On Thursday, March 9, police were given even more leeway in how much damage they can inflict on those they serve and the extent to which they can disregard the Constitution.  
 
The Fourth Circuit Court of Appeals ruled in favor of a police officer who allowed a police dog to maul a homeless man innocent of any wrongdoing. The case arose in 2010 after a police dog attacked a homeless man near an abandoned house where police were tracking a robbery suspect. The cop refused to call off the dog immediately, despite the man’s pleading and the fact that he did not match the description of the robbery suspect. The homeless man suffered deep bites on his hand, arm and thigh, that required a nearly 16-inch skin graft, as well as severe bleeding, bruising, swelling and an arterial blood clot. Incredibly, not only did the court declare that the police officer was protected by qualified immunity, which incentivizes government officials to violate constitutional rights without fear of repercussion, but it had the nerve to suggest that being mauled by a police dog is the equivalent of a lawful Terry stop in which police may stop and hold a person for questioning on the basis of “reasonable suspicion.”
 
Also on March 9, government officials assured the Michigan Supreme Court that there was nothing unlawful, unreasonable or threatening about the prospect of armed police dressed in SWAT gear knocking on doors at 4 a.m. and “asking” homeowners to engage in warrantless “knock-and-talk” sessions. Although government lawyers insist citizens can choose to say no to such heavy-handed requests by police to conduct unwarranted interrogations, if such coercive tactics are allowed, it would give SWAT teams further incentive to further terrorize anyone even remotely—or mistakenly—suspected of wrongdoing without fear of repercussion.
 
On Friday, March 10, the military industrial complex continued to wage war abroad, while government agencies, including members of the military, remained embroiled in controversies over sexual misconduct.
 
A day after military brass defended the U.S.-led raid in Yemen that killed 10 children and at least six women, Gen. Joseph Votel, the head of U.S. Central Command, informed members of Congress that even more U.S. troops were needed in Afghanistan to combat the Taliban. Some 8400 American troops have been stationed in Afghanistan since the U.S. invaded the country post 9/11. Approximately 400 more Marines are being sent to Syria to aid U.S. forces in their fight against ISIS.
 
That same day, news reports indicated that members of several branches of the U.S. military, including the Marines, have been using online bulletin boards to either share or solicit nude or explicit photos and videos of women in the military. One Facebook page for Marines, which has nearly 30,000 followers, contained graphic language about how the women photographed, some without their knowledge or consent, should be treated. As the Center for Investigative Reporting (CIR) revealed, “One member of the Facebook group suggested that the service member sneaking the photos should ‘take her out back and pound her out.’ Others suggested more than vaginal sex: ‘And butthole. And throat. And ears. Both of them. Video it though … for science.’” According to CIR, the photo sharing began less than a month after the first Marine infantry unit was assigned women.
 
The FBI has also been getting in on the photo-sharing gig, only its agents have been distributing child porn, allegedly in an effort to catch consumers of child porn. Curiously, the Department of Justice has opted to drop its case against a man accused of child pornography rather than be forced to disclose the FBI’s tactics for spying on suspected child porn consumers and entrapping them as part of its Operation Pacifier sting. What the case revealed was that for a little while, in its single-minded pursuit of lawbreakers, the FBI became a lawbreaker itself as the largest distributor of child pornography. All told, the FBI uploaded tens of thousands of images of child pornography to the “dark web.”
 
As reporter Bryan Clark points out:  
At the intersection of technology and law, we’ve proven two things as the result of Operation Pacifier: 1. Government bodies have proven their willingness to circumvent — or even break — the law to capture suspected criminals it’s not even willing to prosecute. 2. We’re living in an age where — to agencies like the FBI — criminals and their victims are less important than the tools used to track them down. It’s hard to argue on the side of an alleged pedophile. But in this case, the FBI was the pedophile’s equal. It was the agency, you’ll recall, that disseminated these images to some 150,000 registered members… this means the FBI perpetrated the same heinous crime it attempted to charge others with, all while securing what could result in zero convictions.
Mind you, this was just one week of shootings, degradation, excessive force, abuse of power and complicity in the American police state. Magnify the impact of these events 52 times over, because they are taking place every week in this country, and you will find yourself weak at the knees.
 
Somewhere over the course of the past 240-plus years, democracy has given way to kleptocracy, and representative government has been rejected in favor of rule by career politicians, corporations and thieves—individuals and entities with little regard for the rights of American citizens.
 
This dissolution of that sacred covenant between the citizenry and the government—establishing “we the people” as the masters and the government as the servant—didn’t happen overnight. It didn’t happen because of one particular incident or one particular president. It is a process, one that began long ago and continues in the present day, aided and abetted by politicians who have mastered the polarizing art of how to “divide and conquer.”
 
Unfortunately, there is no magic spell to transport us back to a place and time where “we the people” weren’t merely fodder for a corporate gristmill, operated by government hired hands, whose priorities are money and power.
 
Our freedoms have become casualties in an all-out war on the American people.
 
As I make clear in my book Battlefield America: The War on the American People, this war is being fought on many fronts, with bullets and tasers, with surveillance cameras and license readers, with intimidation and propaganda, with court rulings and legislation, with the collusion of every bureaucrat on the government’s payroll, and most effectively of all, with the complicity of the American people, who continue to allow themselves to be easily manipulated by their politics, distracted by their pastimes, and acclimated to a world in which government corruption is the norm.
 
How do we stop the hemorrhaging?
 
Start by waking up. Pay attention to what’s going on around you. Most of all, think for yourself.
 
As H. L. Mencken observed:
The most dangerous man to any government is the man who is able to think things out for himself, without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane and intolerable, and so, if he is romantic, he tries to change it. And even if he is not romantic personally he is very apt to spread discontent among those who are.

Trump Needs A War Team – Catherine Austin Fitts

By Greg Hunter’s USAWatchdog.com (Early Sunday Release) 

Former Assistant Secretary of Housing and financial advisor Catherine Austin Fitts says the Trump Administration is at the beginning of a long war against his deep state enemies. Fitts recommends, “I don’t think it’s an accident that WikiLeaks dumps out documents proving that the CIA has the capacity to do a hack and make it look like the Russians.  So, what we are watching are war games.  This is like chess.  You try to take out the lieutenants before you take out the queen. . . . My guess is you have very significant capacity on the Democrat side, literally hundreds of people and law firms doing surveillance and intelligence, and figuring out how they can weaken the Trump team.  Now, what we see coming back the other way, including the WikiLeaks dumps, there is clearly capacity on the other side.  The Trump team is going to have to build two lines.  The key to being successful in an operation like this is you need a team.  In the story of Nehemiah, when the wall was broken, they needed a tool in one hand and a weapon in another.  Trump is going to have to put together a war team that can handle and manage the warring back and forth between the factions.   You do not want that war to interrupt or undermine your management team.  You’ve got to have your Cabinet, and their job is to “Make America Great Again.”  Ultimately, that’s how you are going to be judged, and the general population will support you if you keep doing that.  You don’t want your team to be buried by war games.”
One of the big headwinds for Trump is the bond market and rising interest rates. Fitts contends, “The long term bull market in bonds is at an end, and rates are going to rise and continue to rise as they should.  Savers, pension funds and insurance companies are not getting a return on their capital.  To me, this is a welcome.  If you are holding a big bond portfolio, they are going to be down, but interest rates are going to rise and the party is over.  We have a President who understands the cost of capital and is screaming that it is no longer zero.  To a certain extent, you are watching all of Washington blame Trump for the end of the debt birth model.  It’s not his fault.  He’s just trying to get the culture to switch to reflect something to where the future is going.”
Another big problem Trump is going to have to sort out is human sex trafficking. Fitts says, “The human trafficking, the child trafficking and the pedophilia is a very deep important story and a very bad scandal.  Pedophilia for generations is a way you create control files on people, and control files is a way you maintain a political structure that is outside the official law and the official reality.  If you are a shadow government, pedophilia is key to creating those control files.  It’s a way of managing financial fraud on a very economic basis.  It was always out of hand, but now it has gotten wildly out of hand.  It was one of the big swing policies between the Trump group and the Clinton group as to what the approach is going to be.  If you look at the explosion of arrest around the country, I think that is state and local law enforcement acting to the change in the rule that they clearly see. . . . If you look at how the squabble has gone, it is looking to me that we are getting to the point where he (Trump) may not have a choice.  WikiLeaks says that the first round is about 1% of what they have in “Vault 7.”  If they dump out another 99 equivalents of what they just dumped out on the CIA, America is going to be in a state of complete shock, which I think will be very healthy.  I hope they dump it out.  Pedophilia is just the beginning of what’s there to be dumped out.”
Fitts, who has managed hundreds of billions of dollars of assets, says the stock market could blow up to a “Dow of 30,000 or crash down to 10,000.” Fitts tells all her clients to hedge for any scenario and “hold a core position in gold.”
Join Greg Hunter as he goes One-on-One with Catherine Austin Fitts, Publisher of The Solari Report.
(There is much more in the video interview.)

WHAT THE HELL IS GOING ON? (PART THREE)

By James Quinn www.theburningplatform.com

In Part One

WHAT THE HELL IS GOING ON?

and Part Two

WHAT THE HELL IS GOING ON? (PART TWO)

of this article I revealed how the Deep State’s fake data and fake news propaganda machine can be overcome by opening your eyes, observing reality, understanding how Fed created inflation has destroyed our lives, and why the election of Trump was the initial deplorable pushback to Deep State evil.
“The notion that a radical is one who hates his country is naïve and usually idiotic. He is, more likely, one who likes his country more than the rest of us, and is thus more disturbed than the rest of us when he sees it debauched. He is not a bad citizen turning to crime; he is a good citizen driven to despair.” – H.L. Mencken

“This new regime will enthrone itself for the duration of the Crisis. Regardless of its ideology, that new leadership will assert public authority and demand private sacrifice. Regardless of its ideology, that new leadership will assert public authority and demand private sacrifice. Where leaders had once been inclined to alleviate societal pressures, they will now aggravate them to command the nation’s attention. The regeneracy will be solidly under way.” – The Fourth Turning – Strauss & Howe

We are now seven weeks into the Trump presidency and it seems like seven years with amount of incidents that have occurred before and since his inauguration. When in doubt, Trump’s brain dead, hyperventilating with hate, opponents either blame the Russians or declare him Hitler. The histrionics displayed by the low IQ hypocritical Hollywood elite, corrupt Democratic politicians, fake news liberal media and Soros paid left wing radical terrorists over the last two months has been disgraceful, revolting, childish, and dangerous.

A counter-revolution by the gun owning normal people in the 85% red area of the country that voted for Trump would not be a pleasant experience for the paid protesters, vagina hat wearing feminazis, and the safe space anti-free speech lefties on campuses across the land.

I must admit I love Trump’s pugnacious style. I love how he treats the despicable corporate media. I love how he responds to baseless accusations by his contemptible opponents on the left and right. The representatives of the Deep State – Schumer, Pelosi, Obama, McCain, Graham, Kristol, CNN, NYT, Washington Post, MSNBC, Soros, and anyone else willing to confront Trump are met with disdain, contempt, and abuse from the president. I love that he continues to go on the road and hold rallies with the people who elected him. I love how he demoralized his opponents by giving one of the best State of the Union speeches in history.
I love how he put his opponents back on their heels by accusing Obama of wire-tapping Trump Tower. No punch is taken without two being thrown. He will never conform to the way the liberal corporate media and his opponents want him to behave. Twitter is the dagger he uses to avoid the fake news media filter and plunge into his opponents hearts. The faux journalists despise his use of Twitter. When you see the violence beginning to break out between Trump haters and Trump supporters, and read stories about Obama leading an insurgency to undermine Trump’s presidency, every normal person must be prepared to do whatever necessary to support his radical agenda of draining the swamp.
“Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.” – H.L. Mencken
The fake news media scoffed when Trump declared what an awful economic mess Obama had left after eight years of a debt fueled Keynesian failure of epic proportions. These fake journalists are good at looking stylish, speaking in serious tones, and reading false narratives written for them by their corporate bosses, but impartially assessing our economic situation is beyond their pea brain comprehension.
The eye opening chart below shows you how far we’ve come since 2000, or how far we’ve fallen, depending on your point of view. It looks to me like Trump has been handed a bucket of shit by his egotistical sociopathic boastful predecessor. Obama can now concentrate on his true passions – his NCAA pool and golf – while Trump is left to try and clean up a $20 trillion mess.

The Rest Of The Article Can Be Read At The Link Below:

WHAT THE HELL IS GOING ON? (PART THREE)

WHAT THE HELL IS GOING ON? (PART TWO)

By James Quinn www,theburningplatform.com March 8th, 2017

In Part One (please see this link directly below)of this article I exposed the establishment narrative of a strong economy as rubbish by providing hard data regarding imploding gasoline usage, failing bricks and mortar retailers and plunging restaurant sales.

WHAT THE HELL IS GOING ON?

“Inflation may indeed bring benefits for a short time to favored groups, but only at the expense of others. And in the long run it brings ruinous consequences to the whole community. Even a relatively mild inflation distorts the structure of production. It leads to the overexpansion of some industries at the expense of others. This involves a misapplication and waste of capital. When the inflation collapses, or is brought to a halt, the misdirected capital investment—whether in the form of machines, factories or office buildings—cannot yield an adequate return and loses the greater part of its value.Nor is it possible to bring inflation to a smooth and gentle stop, and so avert a subsequent depression.” – Henry Hazlitt – Economics in One Lesson

Inflation is the opium of the masses. The establishment’s interest in dumbing down the masses through government controlled public school indoctrination couldn’t be clearer than examining the chart below. The average non-thinking, math challenged, iGadget distracted, media controlled pawn thinks their household income has risen by $6,000 since 2008 because they have no understanding of Fed created inflation.

Even using the ridiculously downward manipulated CPI concoction shows the median household has lost ground. While median income has remained stagnant since 2000, the CPI is up 44%. Using honest inflation numbers would likely double that figure. Stagnant incomes with living costs 40% to 80% higher doesn’t exactly match the rhetoric of a strong economy being propagandized by the Deep State and their fake news media outlets.

The Rest Of the Story And All The Graphs Can Be Found Right Here At This Link Below.

WHAT THE HELL IS GOING ON? (PART TWO)

Are We Witnessing The Weirdest Moment In Economic History?

By Brandon Smith www.alt-market.com March 8th, 2017

It is an unfortunate reality that most people tend to be oblivious to massive sea changes in geopolitics and economics. You would think that these events would catch the immediate attention of everyone as they happen, but usually it is not until they realize that the microcosm of their personal lives is subject to the consequences of the macrocosm that they wake up and take notice.
There are, however, ways to train yourself to pick up on signals within the news cycle and within political and financial rhetoric; signals that indicate a great shift is perhaps on the way. Sometimes these initial signs are subtle, sometimes they are as subtle as a feminist slut-walk. I would point out that over the next few months there are dangerous correlations so numerous and blatant in the economic sphere that I would almost rather watch a marching gaggle of frumpy feminists wearing nothing but electrical tape than bear witness to the mayhem that is about to strike the unwitting public.
What am I talking about? Well, let’s go through the list…

Federal Reserve Meeting March 14-15th

As my readers know well, I have been warning since before the election that the Fed would use a Trump presidency as an opportunity to pull the plug on near-zero interest rates and remove a primary pillar supporting stock markets — stock buybacks made possible by free overnight loans to numerous banks and corporations. Without QE and low interest rates the equities bubble will inevitably implode.

Corporate earnings certainly aren’t holding up stocks, neither is GDP or consumer spending. The Fed is the only determining factor of the ongoing bull market. Anyone who claims otherwise is probably a mainstream analyst or overzealous day trader with a vested interest in keeping the illusion going.
It is not surprising to me at all that the “rate hike odds” for March have been increased by mainstream analysts to 90% in the span of a week I don’t know why anyone uses these arbitrary odds as an indicator of anything. I’ve been receiving emails all month asking me if I still believe the Fed will hike rates while the odds are “so low.” Look, the Fed does not make decisions at these meetings. They make decisions months in advance and the meetings are window dressing.

Too many people operate under the delusion that the central bank wants to continue propping up stocks, which is why they cannot grasp why the Fed would raise rates. In reality, the stage has been perfectly set to allow the bubble to implode. When the elites have a perfect scapegoat, they use it, and conservative movements represent that perfect scapegoat today.
The important thing to remember, though, is the timing of this particular meeting…

U.S. Debt-Ceiling Suspension Ends March 15th

So, in case you weren’t tracking the economic situation two years ago, the U.S. government almost went bust (in a sense) in 2015. The debt ceiling sets limits on how much the government can borrow to fund itself, and that limit was hit hard under the Obama administration after he managed to nearly double the national debt during his tenure. Congress passed legislation to allow borrowing to continue until March 2017, and of course, much of that capital was “borrowed” from the Federal Reserve, which, of course, creates it out of thin air. With the return of the debt ceiling, the question is — will Congress be able to extend and delay again? With Trump running on a platform of fiscal responsibility, CAN they extend again?  Do they even want to, or is this an engineered crisis event?

Once again, the timing of all this is a little odd. The Fed is raising rates into the first year of the Trump presidency leaving equities increasingly open to destabilization. In addition, the government might not be able to continue borrowing from them, or there will be a renewed extension but the costs of borrowing will run much higher. In either case, this month seems to pronounce the beginning of something; a considerable move away from the standard operating procedures that the elites have been using for the past several years. With such changes come consequences, always.

Formal Initiation Of Brexit On March 15th

The skeptics have been telling me for months that even though I was right about the Brexit vote victory the elites “would never allow” the British to leave the EU. Well, it doesn’t look that way to me so far. Theresa May plans to formally notify the EU of British exit on March 15th triggering two years of negotiations which will undoubtedly send economic shock waves throughout the globe on a regular basis.
Of course the Brexit will move forward! Why not? Globalists need a continuing atmosphere of crisis to distract the masses from their great global reset, and they need multiple scapegoats for the economic disaster that their reset will cause. Enter conservative movements in Europe; once again the perfect target to pin a crisis on.

French Elections Start April 23rd, End May 7th

Yet another election in which the EU hangs in the balance. Recent polls indicate that Marine Le Pen, the designated “populist” candidate, is falling behind. I have to ask, though, have we not learned our lesson yet on the meaninglessness of political polls? I think most of us have.

I believe Le Pen will be one of the final two candidates to move on to the election in May, and though I am not as certain as I was on Brexit and Trump, I am going to go ahead and predict a Le Pen win. If there is any sizable terrorist event in the next couple of months in the EU, or expanded Muslim riots, she is a guaranteed win. This brings up the very real prospect of a “Frexit” in the near future, and analysts should expect that a Le Pen win will be met with some panic in the financial world.

Potential Italian Election Move On April 30th

The Italian political process is a little confusing to me, but what I can tell you is that this spring or early summer you will probably be hearing a lot more about it. Former Italian prime minister and current Italian Democratic Party leader Matteo Renzi is set to decide on a the date for a leadership vote, which may come as early as April 30th. The outcome of this vote will likely decide how soon the next official Italian election will take place.

The election is required to be held before May 2018, but there is increasing pressure to hold elections in 2017, perhaps even this coming summer. I would not be at all shocked to see a surprise announcement of an early Italian election after the leadership vote is held.

Why should anyone care? The consensus is that Renzi’s party will be overrun by anti-EU factions and that this may result in a kind of “Italiexit.” The outcome of Italy’s series of votes and political restructuring will have wide reaching effects on the psychology of the markets for many months to come.

German Federal Election Held September 24th

Yes, even Germany is quaking this year in the wake of a potential “populist” tsunami. Angela Merkel is exceedingly unloved by her own people lately as her approval ratings collapse. Once-silent sovereignty champions in the country are becoming more and more vocal about Merkel’s rather insane open immigration policies which were the key element that drew millions of Muslims into the EU. It was the German government’s promise of endless entitlement programs that created the incentive for the mass migration in the first place, and now, finally, the German people are fed up with the complete lack of cultural assimilation and what many see as the destruction of western values.

I do not think that Germany will abandon the supranational concept of the EU regardless of the outcome of the election, but the removal of Merkel would signal a less agreeable Germany, which would exacerbate the already tottering European Union. Meaning more economic uncertainty in 2017.

If You Thought 2016 Was Weird…

If you thought 2016 was weird, I suggest you get comfortable with the surreal because it is not going away anytime soon. 2017 is a veritable treasure trove of falling elevators, and I haven’t even covered half of the issues facing the economy this year. But what about the macro-analysis?
To summarize, it seems to me that many of these events, stacked so closely together, are not coincidental in their timing. As I have noted in articles such as The Economic End Game Explained, globalists have been openly planning for decades to set in motion a vast financial overhaul and the launch of a single global economy and currency (the seeds being planted starting in 2018). If this is still their timeline, then it would follow that they would need a series of fiscal earthquakes designed to shake up the “old world order” to make way for a “new world order.”

Perhaps each of these events will result in a “stable” outcome and there is nothing to be concerned about. That said, I don’t believe in chance. Most geopolitical outcomes are influenced by internationalist players, which makes the outcomes of these events predictable. This is what made the Brexit predictable, and it is what made Trump’s victory predictable. Everything about the confluence of political and economic events in 2017 suggests to me a festering crisis atmosphere.

As I have always said, economic collapse is a process, not a singular moment in time. This process lulls the masses into complacency. You can show them warning sign after warning sign, but most of them have no concept of what a collapse is. They are waiting for a cinematic moment of revelation, a financial explosion, when really, the whole disaster is happening in slow motion right under their noses. Economies do not explode, they drown as the water rises one inch at a time.