Your Survival Depends On Taking Your Money Out of the Bank

11 Dec, 2014 by Dave Hodges

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Now that you know that your bank account is no longer owned by you, your retirement, 401k, your home and even your freedom is at risk, it is time for you to salvage what you can and then put what’s left of your resources towards surviving what is coming. Literally, your life depends on whether you begin to take your assets out the bank and begin to purchase life sustaining supplies.This article will make more sense if you visit The Common Sense Show website and read the articles posted between November 16-20th.

The Death of the American Economy

There was an obscure story which ran three years ago which is receiving scant attention and yet, it is the banking story of the decade. It is the number one banking story in human history. It is the story which will destroy America’s banking accounts. It is the story that spells the beginning of the end of America’s financial empire. This is the end of the America’s financial empire and NOBODY is talking about it. What is that story? First, the prerequisite background.

Our Crushing Debt

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Nearly every publication estimates the derivatives debt to be in the range of one quadrillion dollars to $1.5 quadrillion dollars. Conservative estimates tell us that this derivatives debt, that has been assumed by the governments of the world, is at least 16 times the entire value of the assets of Planet Earth. This generation cannot pay off this debt. Your children, grandchildren and even great-great-great-great-great grandchildren cannot pay off this debt. If the status quo were to remain in place this debt could not be paid off in the 25th century, the 30th century, nor the 50th century. My estimates place the interest on the debt to exceed the entire value of the world’s assets and the interest is increasing far faster than the governments of the world can service the debt. Who is the debt owed to? It is owed to the first movers, the owners of the central banking system. If you want an identifiable target, let’s call the debt owners of the planet the Bank of International Settlement (BIS) along with their henchmen at the World Bank, the International Monetary Fund and their minions at the United Nations. The BIS is collapsing its own banking empire in order to usher in a New World Order which will be discussed later in the article.

The world’s economy has been dealt a fatal blow from which it cannot recover. No amount of budget, belt tightening will ever change this fact. We could literally be taxed at a 100% rate and the derivatives debt and the interest on this debt will continue to increase faster than the nations can pay the debt down.

The Rest Of The Story Here

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SHOULD YOU BELIEVE WHAT THEY TELL YOU OR WHAT YOU SEE?

Posted on 11th December 2014 by Administrator in Economy |Politics |Social Issues

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Sometimes I wish I could just passively accept what my government monarchs and their mainstream media mouthpieces feed me on a daily basis. Why do I have to question everything I’m told? Life would be much simpler and I could concentrate on more important things like the size of Kim Kardashian’s ass, why the Honey Boo Boo show was canceled, the Victoria Secret Fashion Show, whether I’ll get a better deal on Chinese slave labor produced crap on Black Thanksgiving, Black Friday, or Cyber Monday, fantasy football league standings, the latest NFL player to knockout their woman and get reinstated, Obama’s latest racial healing plan, which Clinton or Bush will be our next figurehead president, or the latest fake rape story from Rolling Stone. The willfully ignorant masses, dumbed down by government education, lured into obesity by corporate toxic packaged sludge disguised as food products, manipulated, controlled and molded by an unseen governing class of rich men, and kept docile through never ending corporate media propaganda, are nothing but pawns to the arrogant sociopathic pricks pulling the wires in this corporate fascist empire of debt.

I’m sure my blood pressure would be lower and my mood better if I just accepted everything I was told by my wise, sagacious, Ivy League educated, obscenely wealthy rulers as the unequivocal truth. Why should I doubt these noble, well intentioned, champions of the common folk? They’ve never misled us before. They would never attempt to use two highly publicized deaths as a lever to keep black people and white people fighting each other and not realizing all races are now living in a militarized police surveillance state supported by the one Party. They would never use their complete control over the financial, political, judicial, and media organisms to convince the masses that voting for one of their hand selected red or blue options will ever actually change anything. They would never engineer the overthrow of a democratically elected government, cover up the shooting down of an airliner, and attempt to blame their crimes on the leader of a nuclear power in their efforts to retain a teetering global empire. They would never overthrow or wage economic warfare on countries that don’t toe the line regarding the continued dominance of the petrodollar in global commerce.

Sadly, I’m cursed with a mind that questions everything and trusts no one in authority or associated with the status quo. It’s the reason I don’t read newspapers or watch mainstream media television entertainment propaganda, disguised as news. It’s the reason I will never vote in a national election again. The lesser of two evils is still evil. I’m skeptical of every piece of data fed to the sheep by the government apparatchiks working for the state. The faux journalists being paid millions by one of the six corporations controlling the media and dependent upon the government, Wall Street bankers, and mega-corporations for their advertising revenues regurgitate whatever they are told by those pulling the purse strings. The mainstream media are nothing but propaganda peddlers for the Deep State and truth telling is prohibited in their world of deception, debt, and denial. Their job is to sustain, enhance, and further enrich the status quo by engineering consent through what they report and what they do not report. The true ruling powers who operate in the shadows behind the scenes are men of power, wealth, status and education who truly believe they are better equipped to consciously manage and manipulate the public mind to achieve their ends. They are disciples of the Edward Bernays School of deception, manipulation and propaganda.

“If we understand the mechanism and motives of the group mind, is it not possible to control and regiment the masses according to our will without their knowing about it? The recent practice of propaganda has proved that it is possible, at least up to a certain point and within certain limits.” – Edward Bernays

The Nazis were pikers compared to the technologically savvy Madison Avenue maggots and Silicon Valley snakes who mold the opinions, tastes, and beliefs of the iGadget addicted, vapid, unintelligent, unquestioning, zombie-like masses who beseech to be led, told what to do and what to believe. A vast swath of the population don’t read books or even know how to read above a grade school level. They couldn’t write a coherent paragraph if their life depended upon it. But they can twitter, text, Instagram, and facebook at the speed of light. Try walking down any street in an American city without some iGadget distracted oblivious moron bumping into you. The addicting nature of today’s technology is being used by the ruling elite to monitor, control, and make you respond the way they choose.

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Ellen Brown-5 Big Banks will Survive Next Financial Calamity-Everybody Else Bankrupt

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Expert Predicts Disastrous Christmas

Gerald Celente joins the show at 5:15 mark.

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2015 Housing Real Estate Market Forecast

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Rothschild Bankers Lobby Congress To Force Taxpayers To Insure $TRILLIONS$ Of Fraudulent Bank Derivatives!!

Posted by Volubrjotr on December 8, 2014

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Editor’s Note: As Michael Snyder notes, JP Morgan Chase, Goldman Sachs, Citibank, Bank of America, Morgan Stanley, and plenty of others have manipulated the market with these derivative bets, and have at least $40 trillion in derivatives exposure. If Congress passes FDIC protection for these controversial and complex financial instruments, it could dwarf existing debt held by the federal government and cost taxpayers an absolutely insurmountable sum, all while letting the bankers walk away free, and with their other winnings in hand.

Central Bankers & US Government Now Preparing For Dodd Frank Basel III Bail-Ins.

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Back in 2011, the Federal Reserve quietly stepped up to the plate to back Bank of America in attempting to park more than $75 trillion in European derivatives exposure in a division covered by FDIC (Federal Deposit Insurance Corporation) loss insurance – meant for ordinary consumers to promote general confidence in the banking system!

Bank of America is shifting derivatives in its Merrill investment banking unit to its depository arm, which has access to the Fed discount window and is protected by the FDIC.

This means that the investment bank’s European derivatives exposure is now backstopped by U.S. taxpayers. Bank of America didn’t get regulatory approval to do this, they just did it at the request of frightened counterparties. Now the Fed and the FDIC are fighting as to whether this was sound. The Fed wants to “give relief” to the bank holding company, which is under heavy pressure.

The FDIC objected, and the deal stalled, but the gesture has been attempted on other occasions as well, and the banks are now seeking to make this a general protection for derivatives at large. This is the ultimate in letting American taxpayers hold the bag, while the real criminals speed off in the proverbial get away vehicle – all with the Federal Reserve in the driver’s seat, mind you.

Wow! The mantra of private gains, public losses has never been more true; meanwhile, the American people are serious trouble if this passes through.

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The Calm Before the Storm: All Hell Will Break Loose In 2015

07 Dec, 2014 by Dave Hodges

Something big is about to happen. So many say that they can feel it in their bones. A migration to underground hideouts began two years ago in earnest for members of the alphabet soup agency retirees. I knew one of these “refugees” personally and he pointed to 2015 as the time when he anticipated that all hell was going to break loose. I wrote an article about the defection of my FEMA contact, his family and like-minded individuals from FEMA and DHS, almost two years ago.

Pastor Lindsay Williams recently sent me an email regarding a survival tip for the difficult times ahead. Pastor Williams has been a guest on my show several times and I sent him back an email asking when he would like to come back on my show. He responded that he has stopped doing interviews. His message indicated it is almost time to stop talking and to start preparing for some very dark days.

How do I know? Some of my very best contacts have told me that it is time to stop warning the people, because it is now time to start hiding from the wrong people. My initial reaction is to not believe them, but there are too many well-placed sources to not take seriously.

Jim Marrs Saw the Warning on the Wall Five Years Ago

In a December 9, 2012 interview on The Common Sense Show, Jim Marrs discussed how approximately 400-500 top level bankers have left their positions and have gone into seclusion. Marrs reminded my listening audience of how the elite have developed seed vaults which only they have access to. Marrs was clearly alluding to the fact that some very bad events are coming and the global elite are aware of it and are moving to meet the threat. I have firsthand knowledge of four ex-fed officials and their families who have relocated to safety enclaves when doing so was very disruptive to their respective family’s lives. Increasingly, it is looking like some major event(s) is/are coming and persons with insider information are attempting to remove themselves from harm’s way. Jim Marrs will be a guest for three hours (9pm-Midnight Central) on December 7, 2014 to discuss this and other issues.

Another media friend of mine, Paul Martin, of Revolution Radio, has been repeatedly telling me that several key contacts of his from the various alphabet soup agencies as well as the military have, or are, leaving the country in anticipation of what is coming. In the past two weeks, I have had a number of phone calls from media people who are telling me that their sources are repeating the same mantra, or they are just dropping off of the radar.

“Get ready for 2015″!

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Another Fabricated Jobs Report — Paul Craig Roberts

Update: Tyler Durden points out that income and payroll tax receipts do not support the job claims made for the 2014 economy: http://www.zerohedge.com/news/2014-12-07/something-stinks-inside-bls-jobs-data

Friday’s payroll jobs report is another government fairy tale or, to avoid polite euphemisms, another packet of lies just like the House of Representatives Resolution against Russia and every other statement that comes out of Washington.

Washington is averse to truth. Washington can only lie.

First let’s pretend that the 321,000 new jobs that the government claims the economy created in November are true, and let’s see where these jobs are.

Specialty trade contractors, which I think are home and office remodelers, accounted for 20,000 jobs. I doubt that people are putting money into houses and buildings that are worth less than the mortgage.

Manufacturing accounted for 28,000–a very high monthly figure for recent years, one that is unbelievable in view of the rise in the trade deficit and declines in consumer spending on furniture (-3.8%), major appliances (-8.3%), women’s apparel (-17.7%), and household textiles such as towels and sheets (-26.5%), and when US business investment consists of corporations repurchasing their own stocks.

The rest of the claimed jobs are in private domestic services, that is, they are third world jobs. Retail trade claims 50,200 and transportation and warehousing claims 16,700. These numbers are impossible to believe in view of the closings of middle class department stores and Black Friday and Cyber Monday sales flops.

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The “Housing Recovery” Does Not Stand Up To Reality

December 5, 2014 InvestmentResearchDynamics.com

The homebuilders are rolling over here. This is daily 1-yr graph of the stock in my latest homebuilder short-sell report posted last night:

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Despite the S&P ramping relentlessly higher by the Fed’s hand of intervention, the homebuilder stocks have exhausted themselves, as they are choking on quickly deteriorating fundamentals. This stock has already dropped 6% from its highest close last week, despite the fact that both the S&P 500 and the Dow are higher now than they were last week when this stock topped out. My 3-month short term target is for another 16% decline. My 2-year target: $5 or lower, with bankruptcy possible. This Company has 4x more debt NOW relative to the number of homes it sells than it had at the peak of the housing bubble. In fact OUTRIGHT, it’s debt level is higher than the amount of debt it had in 2005. You can access this report here: Short This Stock For Big Gains.

Here’s some actual “boots on the ground” market information from around the country which verifies that the housing market is starting to deteriorate very quickly (I sourced these first three quotes from The Housing Bubble Blog):

From the Washington Post: Only four cities or counties in the Washington region have fully rebuilt their property tax bases since the 2008 recession, a study from George Mason University’s Center for Regional Analysis says, raising questions about the wisdom of tying local government operating budgets to the real estate market. Property values have stagnated in most suburbs since 2005, said David Versel, the senior research associate who wrote the report.

From the Houston Chronicle (note: the collapse in the price of oil and the shale oil/fracking business will decimate Texas, Colorado, sections of California): For the first time in awhile, real estate observers say some apartments are waiving first month rents and offering other specials to attract new tenants. (On another note, I have noticed that there is a massive surge in apartment supply hitting the Denver market and big apartment buildings are now offering move-in incentives; I’m also seeing a surge homes for rent around the central Denver area).

From CNBC re: northern Virginia: A big jump in listings brought more potential buyers out to northern Virginia’s housing market this summer and fall. The traffic, however, did not translate into a similar jump in sales, and homes are now sitting on the market far longer than they did just one year ago.

Now, despite today’s Government fairy tale about the job market, here’s the reason that the housing market is going to collapse again: A Majority of Americans Make Less Than $20 Per Hour. A recent poll conducted by Trulia showed that nearly 60% of all prospective first-time homebuyers cited the inability to save enough for a down payment as the reason they could not buy a home. Interest rates could go to ZERO and that would still be the case.

The Government, the National Association of Realtors, the National Association of Homebuilders and the Census Bureau can feed us all the made up, statistically manipulated, annualized garbage data they want. BUT they can’t cover up the truth about the actual market conditions unless they shut off the media and close down the internet.

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WORLD WAR III IS ALL THAT’S LEFT TO SAVE THE AMERICAN ECONOMY

05 Dec, 2014 by Dave Hodges

I despise the Federal Reserve and those who have run our economy into the ground. However, those of you who think that abolishing the Federal Reserve is the key to eliminating the oppression of the American people, are sadly mistaken. Right now, the only reason you have a job to go to, a roof over your head, and food on the table is because of the Federal Reserve. I have some really bad news, the people associated with “The end the Fed movement”, our survival depends on the Federal Reserve and the rest of the Western banking establishments to survive in the upcoming months. No, I have not sold out, but I would suggest reading on and thing about taking a “graduate” course in prepping because I am not sure the West can survive what is unfolding.

The Birth of the Petrodollar

Before explaining how imperiled our economy is, I have to start at the beginning for people who do not understand the significance of the Petrodollar. The Petrodollar is the baseline of our economy and it is in big trouble.

A novel system for monetary and exchange rates were established in 1944. The Bretton Woods Agreement was developed at the United Nations Monetary and Financial Conference held in Bretton Woods, New Hampshire, from July 1-22, 1944. This conference established the US dollar as the reserve currency of the world.

The Banksters (e.g. Rockefellers’) reveled in their new found fortune. As a result of the Bretton Woods Conference, all nations desiring to purchase Middle East oil had to first purchase dollars and use these dollars to complete the purchase of oil.

Nearly everyone inside of our country benefited from this system. Americans basically enjoyed a stable currency minus the inflation rates of about 5% per year which served as an informal tax that went into the Federal Reserve banksters’ pockets. Thus, the Petrodollar was born. If the Petrodollar was to ever be successfully undermined, our currency would sink faster than a submarine with screen doors because there is nothing backing up our money. Put on your life jackets because the ship is sinking fast. The BRICS, led by Russia and China, are growing in influence by leaps and bounds and they are months/years away from being able to effect a collapse of the United States economy.

Since 1944, America has become the most hated nation in the world as we have dominated every single economy on the face of the earth, until now!

The Tables Are Being Turned On the West

The haughtiness of the West as they impose sanctions on Russia over Ukraine is almost laughable. The sanctions are a boomerang in disguise and will come back at us to destroy the American economy which will lead to World War III.

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At the heart of the American economy and the Petrodollar is energy and Russia and China just cemented an agreement where they do not need the dollar. The Russia –China US $400 billion energy deal, signed in May this year will by 2018 have some 38 billion cubic meters of gas flow through the so-called ‘Holy Grail’ pipeline from the largest gas producer, Russia, to the largest energy user, China. This deal is many things at once: It is, of course a symbolic step in the process of decoupling hydrocarbon trading from the dollar, as it foresees payments in local currencies, rubles and yuan. It sidesteps the Petrodollar for hydrocarbon trading. Over one-third of the planet just moved away from the dollar when this recent deal was cemented.

This one deal spells the end of dollar dominance on the planet. Much of the economic exchange between the two countries will be conducted in gold instead of the dollar.

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