The Crisis Continues

It is apparent that the PTB will be using the fear and confusion resulting from continuing crises to seize more and more power. The orchestration of fear ("shock and awe") following last Monday's vote down of the first bailout plan is a prime example. The articles on Mindwars in the October 5 post explain this method clearly.

Banking expert Joan Veon maintains that the power seizure in response to the credit crisis is the last remaining piece to put in place before the United States yields its sovereignty to "a global regulatory system to merge our banking, insurance, and stock market and commodity industries to that of the other countries of the world." It is a major theft and fleecing of America. Soon the Fed may own substantial portions of states and corporations.

Both Obama and McCain are solidly in the pockets of their puppet masters. Republicans should be used to blindly sacrificing their principles to support their President or candidate. Those Democrats, who are in a religious fervor believing Obama will be different, will have their wake up call soon enough. A little research will show that he is just another empty-suited political whore, every bit as much as McCain. Sorry to dash your hopes. (Predictably, most Obama True Believers either won't do the research or discount anything they find -- just like the so-called "principled conservatives" did with Bush.)

Since Obama is probably going to win the election -- barring an "October Surprise" (likely) or more GOP vote fraud (likely) -- here are some "interesting" Obama videos: The Original Kids for Obama, An Interpretation, Another Interpretation, Another, Another, and finally, this. Sorry if you think this is unfair. And don't miss this one. Open your eyes, please.

In light of the above, remember that Obama is continually reminding his audiences that he's going to be calling on all of us to sacrifice for the greater good. Berit Kjos calls it "Training a Socialist Army of World Servers." Read it for a blueprint of what the US will look like with Obama acting as our Great Leader and Savior. Check out footnotes, too.

I've written before about Obama's call for a Stasi-like "national civilian police force that's just as powerful, just as strong, just as well-funded" as the military! He also wants to double the size of the Peace Corps and quadruple the size of AmeriCorps. A few days ago he was offering to trade a college education for public service. In Great Depression II, many people will buy into these programs just to get a job and health benefits (like the TSA?)

Might be a good time to order and read The Rise of the Fourth Reich.

Here's a long list of current warnings of the incoming police state. Check it out if you think I'm being unnecessarily alarmist. A coup has taken place. Our democratic republican form of government is doomed.

Paul Craig Roberts' excellent article points out that the good news about this financial crisis is that it will bring an end to the American empire and necocon supremacy. The bad news is that the coming collapse of the dollar will remove it as the world's reserve currency, leaving us with much lower living standards.
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How interesting it is to see Ron Paul interviewed on all the cable news networks to get his views on the economy. Now that he has been ignored to the point that he couldn't get a real shot at the Presidency, they're fascinated by his views on the financial meltdown. Among other things, Paul calls this a massive tax increase.
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The US market was down at one time today almost 800 points. Euro stocks in the biggest fall since 1987 and are "falling into the abyss." Tomorrow ought to be the big slam.

Moving to the Brink of War

The situations with Georgia and Iran are so precarious, I feel the need to post links to a few articles that will help you cut through the stupid propaganda spewing from the Mainstream Media. Though we are generally powerless to affect what our crazed -- no, evil -- leaders are doing, we can do something. We can spread awareness. We can pray. If enough people figure out what's happening, spread the word, and contact their political representatives, then maybe we can stop the deadly path we're on.

If you think I'm exaggerating, then I ask you to research deeper than the trite lies the MSM is feeding the sheep.

Today is the 27th anniversary of the sale first IBM PC. Personal computers have revolutionized our way of life. Communicating with you like this, in a no-cost, instant, easily transferable form via the internet is unprecedented, and offers the first real check on the power elites in history. They've always kept their power by controlling the flow of information. Masses of bloggers and emailers are circumventing the gatekeepers' matrix with real information.

If we will use the power we have, and not let them take it away, perhaps we can steer the planet away from the brink of mass annihilation and totalitarianism, and into the light of human potential unleashed in the creativity and productivity that freedom allows. So do your part, and pass this information on to the conscious, caring people you know.

I have several excellent articles to help you understand what's happening in Georgia. Read them so you can help enlighten your friends when they yammer about how bad it is that Russia "invaded Georgia." Justin Raimondo remarks on the anti-Russian bias of the Western media as he clearly points out who the real aggressor is. It's the US-backed Georgia.

Earl of Stirling calls the Georgian attack on South Ossetia the beginning of World War III. He details the 1,000+ US Marine trainers and 1,000 Israeli mercenaries helping the Georgian army. Read to the end as he shifts to the problem with Iran. It seems they have advanced biological weapons that make nuclear weapons unnecessary.

The blockade the US, England and France are setting up on Iran is an act of war designed to provoke a response from the Iranians. Surely this will be a case of wishing you had not gotten what you asked for. "This is a most serious game of military brinkmanship with major nuclear armed powers that have profound objections to the neo-con grand strategy and to western control of all of the Middle East's oil supply." His Addendum 2 on Iran's advanced biowar capability should take the wind out of any hawk's sails.

Stratfor explains how the Russo-Georgian War shows how the balance of power in Eurasia has clearly shifted to Russia. The Bear is back! You can clear your palate with Karl Schwarz's "American Lies & American Delusions." He's not optimistic the the overly credulous "Boobus Americanus" (as H.L. Mencken dubbed the American middle class many years ago) is capable of waking up from its distractions and help change the course of history.

William Engdahl goes into more detail about "The Puppet Masters Behind Georgia's President Saakashvili." "The controversy over the Georgian surprise military attacks on South Ossetia and Abkhazia on 8.8.08 makes a closer look at the controversial Georgian President and his puppet masters important. An examination shows 41 year old Mikhail Saakashvili to be a ruthless and corrupt totalitarian who is tied to not only the US NATO establishment, but also to the Israeli military and intelligence establishment."

Spiked-Online goes deeper into "the messy truth behind the morality tale" in Georgia. It seems that Bush's phony "war on terror" has helped destabilize the region and bring more innocent suffering and detruction. Just another day at the office.

Where's the media in all this? Why aren't they helping us get an accurate picture of what's going on? It seems that "America's Israeli Occupied Media" is falling down on its job and doing its dead-level best to define all situations from the Israeli point of view.

I'd be remiss if I didn't mention that Barack Obama is toeing the party line right along with McCain. According to Eric Walberg (and echoed by countless other progressives), "Barack Obama as the candidate promising change is revealing his true colours, much to the despair of anyone actually expecting any change." Again, we find the real power behind Obama's throne is his chief foreign policy advisor, Zbigniew Brzesinski. Zbig, well-known for his virulent anti-Russian stance, just compared Putin to Hitler. Anyone hoping Obama is a candidate of peace is living in Dreamland. Both McCain and Obama are pawns of the global elite.

My initial curiosity and somewhat favorable opinion of Obama when he was still an "empty suit" offering a "change" from the pathetic, destructive Presidency of George Bush, vanished long ago. His backers, his policies, his beliefs, the skeletons in his closet -- all make me incredibly pessimistic about his Presidency, IF he makes it through.

I've long expected the "swift-boating" of Obama. Jerome Corsi, who help write the swift boat book on John Kerry, just released "Obama Nation: Leftist Politics and the Cult of Personality." It's already number 1 on the NY Times bestseller list. Devvy Kidd wonders when the National Inquirer will finish the job on Obama that it did on John Edwards? Another writer speculates that Obama's Pearl Harbor event will happen soon after the convention. From what I've seen, there's plenty of stuff left over to pay the same compliment to John McCain. Hmm. Maybe that's why Hillary and Romney merely suspended their campaigns?

Financial Tsunami Update

The economic storm clouds are getting darker. More writers are calling this a financial "tsunami," and more are comparing it with the Great Depression of the 1930's. The only voices of optimism are Paulson, Bernanke and Bush, and the lap dog mainstream press. And their credibility is plummeting.

Yet I find a number of people, in the spirit of American optimism, think I'm exaggerating. They believe the rhetoric that the Fed will fix things and we'll "muddle through" to face the next crisis. How I wish it were so this time.

The truth is, the die was cast a long time ago. When the US dollar was on a gold standard, monetary discipline was imposed on the financial system. With the founding of the Federal Reserve System in 1913 and Roosevelt's abandonment of the gold standard in 1933, we went on a debt standard. Nixon threw out the last vestige of monetary restraint in 1971 when he closed the gold window. Now the US dollar was backed by nothing but debt, and the "full faith and credit" of the US Government (i.e., the printing press in the back room).

Given the proclivities of politicians to spend money and wage war without raising taxes, the fate of the dollar was sealed. The only variable was how long would it take? A good date to pick for the death of the dollar is 2013, the hundreth anniversary of the founding of the Fed.

FDR and LBJ, as well as every administration since, ramped up social welfare spending that could not be funded in the long run, i.e, when the Baby Boomers started retiring. The Federal Government grew into a self-sustaining, expensive bureaucracy that outlasts every President and never stops increasing in size and cost. The military-industrial complex Eisenhower warned about turned the US into a welfare-warfare state, with the resulting Demopublican War Party firmly entrenched in power.

The media had its last hurrah as a watchdog after Watergate and Iran-Contra. Now the top media stars are highly paid celebrities beholden to their corporate masters, with interlocking ownership and directorates with the entire military-corporatist-banking-globalist establishment.

The Bush-Cheney-NeoCon "war on terror" has become a war on America, installing the machinery for a full-blown police state. John McCain and Barack Obama are salivating at the thought of wielding all that power to push their own agendas. Both have pledged to carry on the NeoCon program in the Middle East and subservience to Israeli Zionists. Moreover, Obama is pushing a socialist-communitarian-communist ideology that promises fundamental changes in the rights to life, liberty, property and self-defense that most Americans cherish. But more on politics in another post.

If you still believe things aren't too bad economically, you owe it to yourself to challenge your premises. Your financial future depends on it. Start with a trip to John Williams' excellent Shadow Government Statistics. He exposes in great detail the biased and often-manipulated government economic reporting.

For political reasons, important statistical indicators of economic health have been biased to minimize the bad news about inflation, the federal deficit, unemployment, GDP, etc. This started before Bush II. Williams reconstructs and continues measures the government dropped (like M-3 money supply growth), and recalculates others with their original components (like CPI). The results are staggering.

For instance, by applying Generally Accepted Accounting Practices to the US Government, we're adding an average of $4.6 Trillion a year to our indebtedness! The Federal Net Worth was a negative $57.1 Trillion at the end of 2007!! There is no way to tax or grow our way to solvency. And the politicians seem determined to keep printing money out of thin air to bail out the financial system and cover our obligations.

A must read is his comprehensive report "Hyperinflation." If you will take time to study this well-written 27-page report, you will see why he says a "hyperinflationary depression" worse than the Great Depression (Great Depression II, if you will) is unavoidable between 2010 and 2018. Probably it will be sooner than later. The graphs are clear about what has happened to the value of the dollar, and what is its fate.

Please read this report! His economic theory is sound and his statistics impeccable. You will see why you must put yourself on a plan to survive the meltdown of the dollar. Yes, the Weimar Republic can happen here. So can the rise of a messianic dictator who offers hope and "economic security" in the midst of economic catastrophe and the resulting social unrest. [Friends, the federal government is not able to provide economic security for anyone. Remember "I am from the government, and I'm here to help you"?]

At the risk of distracting you from the main report, I provide secondary evidence that the consumer is tapped out. Unemployment is rising, wages are falling, auto sales are crashing, credit cards are maxed, "discretionary" purchases are going instead to buy higher prices energy and food. The US economy, based 70% on consumer spending, is contracting.

Did I mention that banking systems around the world are failing? First Priority Bank in Florida failed Friday, the 8th US bank this year. The National Bank of Australia took a 90% loss on US mortgage debt writedowns. Royal Bank of Scotland is poised for the biggest loss in UK banking history. One observer says the Fed is panicking to hide the truth about the credit crisis so that the wealthy can be bailed out at the expense of the poor.

If Bush-Cheney-McCain-Obama-Israel start a war with Iran, the hyperinflation timetable shortens considerably. And shades of 9/11, what are we to make of Pulitzer Prize-winning journalist Seymour Hersh's shocking revelations "that Bush administration officials held a meeting recently in the Vice President’s office to discuss ways to provoke a war with Iran?"

Says Hersh, "There was a dozen ideas proffered about how to trigger a war. The one that interested me the most was why don’t we build — we in our shipyard — build four or five boats that look like Iranian PT boats. Put Navy seals on them with a lot of arms. And next time one of our boats goes to the Straits of Hormuz, start a shoot-up." Cheney's "false flag operation" sounds like Operation Northwoods reincarnated. (Keith Olbermann gave Cheney his "worst person in the world" award for this idea.)

Take advantage of the last few weeks of the traditional summer doldrums in the precious metals. The base for gold seems established at $910 and silver at $17. Expect gold at near $1200 and silver above $20 by the end of 2008, IF Iran is not attacked. (Big IF). A few graphs (and here) might give you courage. Howard Ruff says "inflation is not rising prices; it's a falling dollar."

I've been begging some of my dear friends to buy gold for the last five years. It was always "too high," at $375, $450, $600, $650. Today it still seems high at $910. Meanwhile, whereas the dollar could buy 1 Euro for $0.85 six years ago, it now takes almost $1.60. As experienced traders say, "Don't fight the trend!" And as Gary North says, "Procrastination kills!"

Grace and Courage and Peace be with you!