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Is an Economic War Replacing the Cold War?: Video – Bloomberg

Is an Economic War Replacing the Cold War?: Video – Bloomberg.

End Result: "The Total Devastation of Everything That You Know"

End Result: “The Total Devastation of Everything That You Know”.

SHTFplan-logo-350-1

Mac Slavo
March 22nd, 2014
SHTFplan.com

If you are an observer of the goings-on in the world and how the political, administrative and business elite operate, you have likely come to the conclusion that the whole situation is mind-boggling.

Millions of hard working Americans and our counterparts around the world alike sit at the very brink of an unprecedented economic collapse orchestrated by the financial and economic machinations of the privileged  few. They speak of belt tightening, the need for sacrifices and often mandate extreme taxation, promising that these strategies will make life better for everyone. Yet, while we struggle to put food on the table and keep roofs over our heads they enjoy lavish multi-million dollar vacations, state dinners, and unfathomable wealth as they indenture the rest of us and our progeny to lifetimes of servitude.

On the political front, leaders from the United States, Europe, China, Russia, Iran and just about every other nation on earth often speak of cooperation and are nominated for the highest of peace honors, while behind the scenes they mobilize armies and spew rhetoric whose outcome can only lead to widespread conflict. They seem completely devoid of consideration for the billions of lives that will be affected should the world, once again, be thrust into war.

At every turn the people are being deceived and led to slaughter like sheep.

In his most recent commentary Charlie McGrath of Wide Awake News puts things into perspective, warning that it is these very behaviors of the elite and the apathy of the American people that will invariably lead to America’s apocalyptic demise:


(Via the Rense Radio Network)

The hypocrisy… the outright, no holds barred in your face deception by government and by the upper echelons of the political elite class and by the upper echelons of the financial class… the ruling elite… the brazen attack on the truth is beyond comprehension…

It’s hard to even put together these commentary videos anymore… too look at the current state of our country… the path we’re on… our financial devastation that’s being laid out before us… the pain and the suffering that’s going to come with that final devastation that is yet to be realized by the majority of the people of this country but will be realized…

The stage is being set for never ending conflict… never ending control being given to the military and security industrial complex.

To sit back and watch this happen… it’s to the point that I just don’t understand…

Where are my fellow Americans? Where are you?

Where is the outrage by the people in this country?

Are we so simply bought off by bread and circus that as long as we have some kind of regular programming on television or the beer is cold we’re not going to stand up and say enough is enough?

When are we going to realize? Is it going to be after the lights go out? After the destruction of our dollar and our way of life?

….Every single day that passes by you’re losing more and more of your freedom.

We’re giving it away to people who could care less about you, your family or your future.

…There is no other path this will lead to other than the total devastation of everything that you know.

As much as we’d like to believe things are going to change, it’s time we accept the likelihood of a continued degradation of life in America as we know it. Unless just about every single politician in Congressional buildings around the country is immediately recalled and the founding principles outlined in the U.S. Constitution restored, we will continue to slide into a calamity unlike anything we have seen before in this country.

It’s time to begin taking immediate steps to prepare for the worst, because as you well know, the people in charge already have a plan in place, and it most certainly will not benefit you and your family.

End Result: “The Total Devastation of Everything That You Know”

End Result: “The Total Devastation of Everything That You Know”.

SHTFplan-logo-350-1

Mac Slavo
March 22nd, 2014
SHTFplan.com

If you are an observer of the goings-on in the world and how the political, administrative and business elite operate, you have likely come to the conclusion that the whole situation is mind-boggling.

Millions of hard working Americans and our counterparts around the world alike sit at the very brink of an unprecedented economic collapse orchestrated by the financial and economic machinations of the privileged  few. They speak of belt tightening, the need for sacrifices and often mandate extreme taxation, promising that these strategies will make life better for everyone. Yet, while we struggle to put food on the table and keep roofs over our heads they enjoy lavish multi-million dollar vacations, state dinners, and unfathomable wealth as they indenture the rest of us and our progeny to lifetimes of servitude.

On the political front, leaders from the United States, Europe, China, Russia, Iran and just about every other nation on earth often speak of cooperation and are nominated for the highest of peace honors, while behind the scenes they mobilize armies and spew rhetoric whose outcome can only lead to widespread conflict. They seem completely devoid of consideration for the billions of lives that will be affected should the world, once again, be thrust into war.

At every turn the people are being deceived and led to slaughter like sheep.

In his most recent commentary Charlie McGrath of Wide Awake News puts things into perspective, warning that it is these very behaviors of the elite and the apathy of the American people that will invariably lead to America’s apocalyptic demise:


(Via the Rense Radio Network)

The hypocrisy… the outright, no holds barred in your face deception by government and by the upper echelons of the political elite class and by the upper echelons of the financial class… the ruling elite… the brazen attack on the truth is beyond comprehension…

It’s hard to even put together these commentary videos anymore… too look at the current state of our country… the path we’re on… our financial devastation that’s being laid out before us… the pain and the suffering that’s going to come with that final devastation that is yet to be realized by the majority of the people of this country but will be realized…

The stage is being set for never ending conflict… never ending control being given to the military and security industrial complex.

To sit back and watch this happen… it’s to the point that I just don’t understand…

Where are my fellow Americans? Where are you?

Where is the outrage by the people in this country?

Are we so simply bought off by bread and circus that as long as we have some kind of regular programming on television or the beer is cold we’re not going to stand up and say enough is enough?

When are we going to realize? Is it going to be after the lights go out? After the destruction of our dollar and our way of life?

….Every single day that passes by you’re losing more and more of your freedom.

We’re giving it away to people who could care less about you, your family or your future.

…There is no other path this will lead to other than the total devastation of everything that you know.

As much as we’d like to believe things are going to change, it’s time we accept the likelihood of a continued degradation of life in America as we know it. Unless just about every single politician in Congressional buildings around the country is immediately recalled and the founding principles outlined in the U.S. Constitution restored, we will continue to slide into a calamity unlike anything we have seen before in this country.

It’s time to begin taking immediate steps to prepare for the worst, because as you well know, the people in charge already have a plan in place, and it most certainly will not benefit you and your family.

Russia Returns Favor, Sees Chinese Yuan As World Reserve Currency | Zero Hedge

Russia Returns Favor, Sees Chinese Yuan As World Reserve Currency | Zero Hedge.

Following China’s unwillingness to vote against Russia at the UN and yesterday’s news that China will sue Ukraine for $3bn loan repayment, it seems Russia is returning the favor. Speaking at the Chinese Economic Development Forum, ITAR-TASS reports, the Chief Economist of Russia’s largest bank stated that “China’s Yuan may become the third reserve currency in the in the future.”

 

Managing Director and Chief Economist of investment company Sberbank Yevgeny Gavrilenkov said at the 15th governmental Chinese economic development forum in the Chinese capital on Sunday (via ITAR-TASS):

China’s yuan (renminbi) may become a third reserve currency in the world in the future

 

“This forecast can be made on figures of domestic economic growth. Probably the country will keep high GDP growth rate and the GDP volume will increase to around 14-16 trillion U.S. dollars for a brief period of time, the indicators comparable to the European Union and the United States.

 

Meanwhile, Chinese securities are more attractive for the countries that have a surplus in economy, particularly the Middle East states; and China will obviously follow the path of securing the country’s assets,”

The forum which opened in the Chinese capital on March 22 discusses a broad range of issues of economic reforms and China’s stronger role as the second largest world economy. First Deputy Prime Minister of the Chinese State Council Zhang Gaoli, Managing Director of the International Monetary Fund Christine Lagarde and top managers of major world corporations participate in the forum as honorary guests.

Of course, as we noted previously, nothing lasts forever

 [12]

 

and with Friday’s “Petrodollar Alert” perhaps things are moving faster than many assumed.

Russia Returns Favor, Sees Chinese Yuan As World Reserve Currency | Zero Hedge

Russia Returns Favor, Sees Chinese Yuan As World Reserve Currency | Zero Hedge.

Following China’s unwillingness to vote against Russia at the UN and yesterday’s news that China will sue Ukraine for $3bn loan repayment, it seems Russia is returning the favor. Speaking at the Chinese Economic Development Forum, ITAR-TASS reports, the Chief Economist of Russia’s largest bank stated that “China’s Yuan may become the third reserve currency in the in the future.”

 

Managing Director and Chief Economist of investment company Sberbank Yevgeny Gavrilenkov said at the 15th governmental Chinese economic development forum in the Chinese capital on Sunday (via ITAR-TASS):

China’s yuan (renminbi) may become a third reserve currency in the world in the future

 

“This forecast can be made on figures of domestic economic growth. Probably the country will keep high GDP growth rate and the GDP volume will increase to around 14-16 trillion U.S. dollars for a brief period of time, the indicators comparable to the European Union and the United States.

 

Meanwhile, Chinese securities are more attractive for the countries that have a surplus in economy, particularly the Middle East states; and China will obviously follow the path of securing the country’s assets,”

The forum which opened in the Chinese capital on March 22 discusses a broad range of issues of economic reforms and China’s stronger role as the second largest world economy. First Deputy Prime Minister of the Chinese State Council Zhang Gaoli, Managing Director of the International Monetary Fund Christine Lagarde and top managers of major world corporations participate in the forum as honorary guests.

Of course, as we noted previously, nothing lasts forever

 [12]

 

and with Friday’s “Petrodollar Alert” perhaps things are moving faster than many assumed.

The Federal Reserve Seems Quite Serious About Tapering – So What Comes Next?

The Federal Reserve Seems Quite Serious About Tapering – So What Comes Next?.

 By Michael Snyder, on March 19th, 2014 

DollarsWill this be the year when the Fed’s quantitative easing program finally ends?  For a long time, many analysts were proclaiming that the Fed would never taper.  But then it started happening.  Then a lot of them started talking about how “the untaper” was right around the corner.  That hasn’t happened either.  It looks like that under Janet Yellen the Fed is quite determined to bring the quantitative easing program to a close by the end of this year.  Up until now, the financial markets have been slow to react because there has been a belief that the Fed would reverse course on tapering the moment that the U.S. economy started to slow down again.  But even though the U.S. middle class is in horrible shape, and even though there are lots of signs that we are heading into another recession, the Fed has continued tapering.

Of course it is important to note that the Fed is still absolutely flooding the financial system with money even after the announcement of more tapering on Wednesday.  When you are talking about $55,000,000,000 a month, you are talking about a massive amount of money.  So the Fed is not exactly being hawkish.

But when Yellen told the press that quantitative easing could end completely this fall and that the Fed could actually start raising interest rates about six months after that, it really spooked the markets.

The Dow was down 114 points on Wednesday, and the yield on 10 year U.S. Treasuries shot up to 2.77%.  The following is how CNBCdescribed the reaction of the markets on Wednesday…

Despite a seemingly dovish tone, markets recoiled at remarks from Yellen, who said interest rate increases likely would start six months after the monthly bond-buying program ends. If the program winds down in the fall, that would put a rate hike in the spring of 2015, earlier than market expectations for the second half of the year.

Stocks tumbled as Yellen spoke at her initial post-meeting news conference, with the Dow industrials at one point sliding more than 200 points before shaving those losses nearly in half. Short-term interest rates rose appreciably, with the five-year note moving up 0.135 percentage points. The seven-year note tumbled more than one point in price.

But this is just the beginning.  When it finally starts sinking in, and investors finally start realizing that the Fed is 100% serious about ending the flow of easy money, that is when things will start getting really interesting.

Can the financial markets stand on their own without massive Fed intervention?

We shall see.  Even now there are lots of signs that a market crash could be coming up in the not too distant future.  For much more on this, please see my previous article entitled “Is ‘Dr. Copper’ Foreshadowing A Stock Market Crash Just Like It Did In 2008?

And what is going to happen to the market for U.S. Treasuries once the Fed stops gobbling them up?

Where is the demand going to come from?

In recent months, foreign demand for U.S. debt has really started to dry up.  Considering recent developments in Ukraine, it is quite certain that Russia will not be accumulating any more U.S. debt, and China has announced that it is “no longer in China’s favor to accumulate foreign-exchange reserves” and China actually dumped about 50 billion dollars of U.S. debt during the month of December alone.

Collectively, Russia and China account for about a quarter of all foreign-owned U.S. debt.  If you take them out of the equation, foreign demand for U.S. debt is not nearly as strong.

Will domestic sources be enough to pick up the slack?  Or will we see rates really start to rise once the Fed steps to the sidelines?

And of course rates on U.S. government debt should actually be much higher than they are right now.  It simply does not make sense to loan the U.S. government massive amounts of money at interest rates that are far below the real rate of inflation.

If free market forces are allowed to prevail, it is inevitable that interest rates on U.S. debt will go up substantially, and that will mean higher interest rates on mortgages, cars, and just about everything else.

Of course the central planners at the Federal Reserve could choose to reverse course at any time and start pumping again.  This is the kind of thing that can happen when you don’t have a true free market system.

The truth is that the Federal Reserve is at the very heart of the economic and financial problems of this country.  When the Fed intervenes and purposely distorts the operation of free markets, the Fed creates economic and financial bubbles which inevitably burst later on.  We saw this happen during the great financial crisis of 2008, and now it is happening again.

This is what happens when you allow an unelected, unaccountable group of central planners to have far more power over our economy than anyone else in our society does.

Most people don’t realize this, but the greatest period of economic growth in all of U.S. history was when there was no central bank.

We don’t need a Federal Reserve.  In fact, the performance of the Federal Reserve has been absolutely disastrous.

Since the Fed was created just over 100 years ago, the U.S. dollar has lost more than 96 percent of its value, and the size of the U.S. national debt has gotten more than 5000 times larger.  The Fed is at the very center of a debt-based financial system that has trapped us, our children and our grandchildren in an endless spiral of debt slavery.

And now we are on the verge of the greatest financial crisis that the United States has ever seen.  The economic and financial storm that is about to unfold is ultimately going to be even worse than the Great Depression of the 1930s.

Things did not have to turn out this way.

Congress could have shut down the Federal Reserve long ago.

But our “leaders” never seriously considered doing such a thing, and the mainstream media kept telling all of us how much we desperately needed central planners to run our financial system.

Well, now those central planners have brought us to the brink of utter ruin, and yet only a small minority of Americans are calling for change.

Soon, we will all get to pay a great price for this foolishness.  A great financial storm is fast approaching, and it is going to be exceedingly painful.

The Federal Reserve Seems Quite Serious About Tapering – So What Comes Next?

The Federal Reserve Seems Quite Serious About Tapering – So What Comes Next?.

Would America Go to War with Russia?

Would America Go to War with Russia?.

|

March 22, 2014

Vice President Biden was in Warsaw last week to reassure our eastern NATO allies that they have the support of a “steadfast ally.” But if Russia moved against Poland or the Baltic States, would the United States really go to war? Or would we do nothing and effectively destroy the NATO alliance?

President Obama has ruled out a “military excursion” in Ukraine. America is not obligated legally to take action against Russia for annexing Crimea. We would not go to war if Russia mounted a large-scale invasion of Ukraine to restore the ousted, pro-Moscow government of Viktor Yanukovych, currently under U.S. sanctions. And we would not even send troops if Ukraine was partitioned, or absorbed by Russia. Americans have no interest in such a conflict, and no stomach for it.

NATO allies are a different matter. The North Atlantic Treaty is a mutual-defense pact, and Article 5 says that an armed attack against one member state “shall be considered an attack against them all.” This is a clear red line. The only time Article 5 has been invoked was in the wake of the September 11, 2001 terrorist attacks, and most NATO allies sent troops to support the efforts in Afghanistan and Iraq.

Could the current crisis expand to touch NATO? The developing situation in Ukraine has been compared to Germany’s absorption of Austria in 1938, or the subsequent partition and dismemberment of Czechoslovakia. Hillary Clinton compared Russian president Vladimir Putin to Adolf Hitler, which by extension puts President Obama in the role of British prime minister Neville Chamberlain, who famously failed to achieve “peace in our time” at Munich.

Push the analogy further. The Second World War was sparked by Warsaw’s resistance to Berlin’s demand to annex the Polish Corridor, a small stretch of land—smaller than Crimea—separating the German provinces of Pomerania and East Prussia. Hitler responded by invading Poland and partitioning it with the Soviet Union. Britain and France had pledged to defend Polish independence, and two days after Germany invaded, they declared war. In his war message, Chamberlain explained that Hitler’s actions showed “there is no chance of expecting that this man will ever give up his practice of using force to gain his will. He can only be stopped by force.”

This may or may not describe Mr. Putin, as Mrs. Clinton alleged. But if similar circumstances arise in the near future, will the United States honor security guarantees made to Poland and the Baltic States when the Russian threat was only a theory?

Mr. Biden stood with Estonian president Toomas Ilves Tuesday to “reconfirm and reaffirm our shared commitment to collective self-defense, to Article 5.” He wanted to make it “absolutely clear what it means to the Estonian people” and that “President Obama and I view Article 5 of the NATO Treaty as an absolutely solemn commitment which we will honor—we will honor.” Shortly thereafter, Moscow “expressed concern” about the treatment of ethnic Russians in Estonia. Mr. Putin justified his actions in Crimea as “restoring unity” to Russian people. Estonia’s population is 25 percent ethnic Russian, compared to 17 percent in Ukraine, mostly in the north and east part of the country. Suppose anti-Russian riots “spontaneously” broke out in Estonia. What would the United States do if Moscow invoked a “responsibility to protect” these people and bring them “back” to the Motherland? Would President Obama take military action against Russia over a small, secluded piece of a tiny, distant country? Would it be like the Polish Corridor in 1939? This is highly doubtful—highly doubtful.

Aren’t we obligated by treaty to intervene? Mr. Biden mentioned the “absolutely solemn commitment which we will honor.” It was so important he said it twice. However, Article 5 says that NATO members pledge to come to the assistance of the attacked state using “such action as it deems necessary, including the use of armed force.” It doesn’t take a White House lawyer to see the gaping loophole—President Obama can simply deem that the use of U.S. force isn’t necessary. He can walk back the red line, as he did with Syria. Stern talk and minimal sanctions would follow, but Estonia would lose some, if not all of its territory. And in practical terms it would mean the end of NATO, which is one of Moscow’s longstanding strategic objectives. Mr. Putin’s chess game does not end in Crimea.

James S. Robbins is Senior Fellow in National Security Affairs at the American Foreign Policy Council in Washington, DC.

Ponzi World (Over 3 Billion NOT Served): The Last Empire: Protecting the Ponzi Scheme

Ponzi World (Over 3 Billion NOT Served): The Last Empire: Protecting the Ponzi Scheme.

Thursday, March 20, 2014

The Last Empire: Protecting the Ponzi Scheme

No one trusts the U.S. government. Even Americans don’t trust the U.S. government.

The darkest form of evil always comes falsely packaged as something “good”…

This Ukraine situation shows that NeoCon buffoons still haven’t given up running around telling the world how to run its local affairs. They still somehow believe that Uncle Sam is the last defender of “Freedom” (that’s trademarked *freedom*, not to be confused with the real version). You have to laugh. The only morons who believe that bullshit are the ever-dwindling number of demented geriatrics who haven’t stepped outside the U.S. in the past 50 years and have been watching Faux News 24×7. The NSA situation of course is just the latest example proving that the U.S. government doesn’t respect the rights of its own citizens much less people outside of the U.S. Therefore, trust plays no part in this entire equation.
Uncle Sam’s credibility in overseas matters has been systematically squandered over the course of decades:
Iran
– The CIA orchestrated a coup of Iran’s democratically elected government in order to reinstall the Western-aligned Shah of Iran, at the behest of the oil industry (aka. British Petroleum)
 
“In 1953 the United States played a significant role in orchestrating the overthrow of Iran’s popular Prime Minister, Mohammad Mosaddegh. The Eisenhower Administration believed its actions were justified for strategic reasons; but the coup was clearly a setback for Iran’s political development. And it is easy to see now why many Iranians continue to resent this intervention by America in their internal affairs.”[14]
 
Vietnam:
– Carpet bombing women and children for 10 years straight using cluster bombs, napalm, Agent Orange and every other unholy device invented by the Pentagon, all to support the corrupt crony capitalist South
– Then, cut and run in 1975. A colossal waste of human life, money and environmental resources.
Iraq
Pre-Gulf War
– First install Saddam Hussein
– Support him throughout the Iran War, providing him with access to chemical weapons
Post Gulf War/Iraq Invasion
– Hang him for atrocities he committed during the 1980s while supported by the U.S.
Afghanistan
Pre 9/11:
– Assist the Mujahadeen to drive out the Soviets
– Support Bin Laden
– Support the Taliban
 Post 9/11
– 180 degree reversal
Here is a Who’s who of despotic and oppressive regimes supported by the U.S. government, in addition to the above:
Highlights:
Pinochet, Chile
Batista, Cuba
Marcos, Philippines
Mobuto Seso Seke, Congo
Saudi Government
Mubarak, Egypt
Noriega, Panama
(Too many to list), Pakistan
It goes on and on, the full list is here. It would be easier to list the crony capitalist dictators NOT supported by the U.S., because I don’t know that there are any. 
To Serve and Protect Multinational Corporations
All of this is not to say that Russia doesn’t support despotic regimes as well, not the least being its own. And the Chinese government makes no apology that they will support literally any government anywhere as long as it supports their economic interests. However, the speciously packaged lies and fantasy narrative underlying the NeoCon “Pax Americana” policy are mass delusional, bordering on psychotic. Pretending to be the exact opposite of one’s true intentions is the deepest form of evil. Had they just come out and declared their true agenda i.e. to extend and protect multinational corporate interests in every corner of the globe, the NeoCons would not have commanded any more respect, however, they would at least have a vestige of credibility. Today, they have neither. 
Might is Right
The Faux News sponsored policy may well be “Pax Americana”, but the reality-based policy is the velvet fist known as “Might is Right”. Of course, everyone knows that, except for the self-delusional NeoCon psychopaths running around still pretending otherwise.

Activist Post: Is the NSA manipulating the stock market?

Activist Post: Is the NSA manipulating the stock market?.

image source

Jon Rappoport
Activist Post

Trevor Timm of the Electronic Frontier Foundation dug up a very interesting nugget. It was embedded in the heralded December 2013 White House task force report on spying and snooping.

Under Recommendations, #31, section 2, he found this:

“Governments should not use their offensive cyber capabilities to change the amounts held in financial accounts or otherwise manipulate financial systems.”

Timm quite rightly wondered: why were these warnings in the report?

Were the authors just anticipating a possible crime? Or were they reflecting the fact that the NSA had already been engaging in the crime?

If this was just a bit of anticipation, why leave it naked in the report? Why not say there was no current evidence the NSA had been manipulating financial systems?

Those systems would, of course, include the stock market, and all trading markets around the world.

Well, there is definite evidence of other NSA financial snooping. From Spiegel Online, 9/15/13:

“The National Security Agency (NSA) widely monitors international payments, banking and credit card transactions, according to documents seen by SPIEGEL.”

“The NSA’s Tracfin data bank also contained data from the Brussels-based Society for Worldwide Interbank Financial Telecommunication (SWIFT), a network used by thousands of banks to send transaction information securely…the NSA spied on the organization on several levels, involving, among others, the [NSA] agency’s ‘tailored access operations’ division…”

The NSA’s “tailored access operations” division uses roughly 1000 hackers and analysts in its spying efforts.

The next step in all this spying would naturally involve penetrating trading markets and, using the deep data obtained, manipulate the markets to the advantage of the NSA and preferred clients.

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The amount of money siphoned off in such an ongoing operation would be enormous.

“Looking over the shoulder” of Wall St. insiders would be child’s play for NSA.

Ditto for predicting political events that would temporarily drive markets down and provide golden opportunities for highly profitable short selling.

Like drug traffickers and other mobsters, the NSA could invest their ill-gotten gains in legitimate enterprises and reap additional rewards.

And if the Pentagon, under which the NSA is organized, requires heavy amounts of money for off-the-books black budget ops, what better place to go than their own NSA?

All in all, when you operate the biggest spying and data-gathering operation in the world, the opportunities abound. Yes, knowledge is power, when the distinctions between legal and illegal are brushed off like like a few gnats on a summer day.

Jon Rappoport is the author of two explosive collections, The Matrix Revealed and Exit From the Matrix, Jon was a candidate for a US Congressional seat in the 29th District of California. Nominated for a Pulitzer Prize, he has worked as an investigative reporter for 30 years, writing articles on politics, medicine, and health for CBS Healthwatch, LA Weekly, Spin Magazine, Stern, and other newspapers and magazines in the US and Europe. Jon has delivered lectures and seminars on global politics, health, logic, and creative power to audiences around the world. You can sign up for his free emails at www.nomorefakenews.com

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