Author: Jeff Fenske Page 591 of 614

On December 25, 2008

In Barack Obama, Ron Paul

I love this title!

From: OpEdNews

Here is another piece written by Ron Paul, and yet again he is correct to the infinite degree. He is a regular nostradamus as far as I’m concerned, predicting nearly every major catastrophe of the last 8 years and doing so years before they occurred. He predicted the Russian/ Georgian conflict would be a possible consequence of our invasion in Iraq (check) he predicted the housing collapse (check) he predicted the implosion of the banking system clear back in the 90s (check) he predicted the Iraq war would be an endless quagmire, and on and on and on. When no one listened and his clueless fellow Republicans had the nerve to laugh at him on stage, he still spoke the truth, and once again, he has been right all along. This time about the real agenda of Barack Obama and the mindless Democrats in Congress. More elite government, more spending, more inflation, less freedom, less prosperity, and a complete disregard for the voice of the people (bailouts, anyone?)

Ron Paul on Martial Law: “The stage is set for…a military dictatorship, and few seem to care”

Read/Watch Ron Paul’s Entire ‘Patriotism’ Speech, 5/22/07

On December 25, 2008

In Police State, Ron Paul

[youtube=http://uk.youtube.com/watch?v=7SbJZ_G-_C8]

Some of the least-noticed and least-discussed changes in the law were the changes made to the Insurrection Act of 1807 and to posse comitatus by the Defense Authorization Act of 2007. These changes pose a threat to the survival of our Republic by giving the President the power to declare martial law for as little reason as to restore public order. The 1807 act severely restricted the President in his use of the military within the United States borders, and the Posse Comitatus Act of 1878 strengthened these restrictions with strict oversight by Congress. The new law allows the President to circumvent the restrictions of both laws. The Insurrection Act has now become the “Enforcement of the Laws to Restore Public Order Act.” This is hardly a title that suggests that the authors cared about or understood the nature of a constitutional Republic.

Now, martial law can be declared not just for insurrection, but also for natural disasters, public health reasons, terrorist attacks or incidents, or for the vague reason called “other conditions.” The President can call up the National Guard without congressional approval or the Governors’ approval, and even send these State Guard troops into other States.

The American Republic is in remnant status. The stage is set for our country eventually devolving into a military dictatorship, and few seem to care. These precedent-setting changes in the law are extremely dangerous and will change American jurisprudence forever if not revised. The beneficial results of our revolt against the King’s abuses are about to be eliminated, and few Members of Congress and few Americans are aware of the seriousness of the situation. Complacency and fear drive our legislation without any serious objection by our elected leaders. Sadly, though, those few who do object to this self-evident trend away from personal liberty and empire-building overseas are portrayed as unpatriotic and uncaring.

Though welfare and socialism always fails, opponents of them are said to lack compassion. Though opposition to totally unnecessary war should be the only moral position, the rhetoric is twisted to claim that patriots who oppose the war are not supporting the troops. The cliché “Support the Troops” is incessantly used as a substitute for the unacceptable notion of supporting the policy, no matter how flawed it may be.

Trends Research: Top Trend # 8 — Little People Squeeze

On December 25, 2008

In Gerald Celente, The Greatest Depression?

From: Rense.com

Top Trend # 8:
Little People Squeeze
Cheri Van Deusen
12-22-8

“When people lose everything, and there’s nothing left to lose … they lose it.” -Gerald Celente

KINGSTON, NY — Among our TOP TRENDS 2009, The Trends Research Institute forecast an imminent onslaught of “Hassle Taxes” to be levied by governments at every level from local to federal.

Intended to make up for shortfalls in revenue brought on by the economic crisis, we predicted the taxes would “squeeze the already squeezed” while leaving the most wealthy relatively untouched.

Right on schedule, Governor David Paterson of New York proposed 130 new or sharply raised taxes on a broad range of items including: Soda pop, taxi rides, haircuts, movie tickets, music downloads. If the Paterson proposal is implemented, almost no aspect of daily life will be left untaxed.

New York is not alone … most states are imposing “hassle taxes” and raising property and school taxes despite dramatically declining home values.

While the unfair and burdensome taxes will fail to balance budgets, they will succeed in infuriating the general public to such an extent that tax revolts will break out around the country, along with incendiary displays of both civil and uncivil disobedience.

Blind to the repercussions, governments do not recognize that revolution, not prosperity, is just around the corner.

That’s not all. Beyond tax revolts and civil disobedience , 2009 will be a tumultuous year.

Trends foreboding and trends promising:

The Collapse of ’09: Markets will tumble and major businesses will fail.

The Greatest Depression: Worse than the 1930’s Depression. Why?

Revolution: What will be the spark that ignites it? Who will fire the shot heard around the world?

Obamarama: High hopes, broken promises: Some victories, major failures.

Economic Slim-Fast: Like it or not, Americans will go on a spending diet and food diet.

Bush Gardens: Lawns out, Edible Landscaping in. Why Bush Gardens?

Whole Health Healing: 2009 marks a year of “attitude change” for the on-trend health aware.

Little People Squeeze: Politicians will put the financial squeeze on the already squeezed.

Regenerative Medicine: The time is ripe for stem cells to come out of the laboratory and into the clinic.

That’s Entertainment: Lifting spirits and drinking them will be big business and major pastimes during the Greatest Depression.

College Crash: Following the equity market meltdown, the real estate bust and the retail unraveling, comes the college crash.

To schedule an interview with Trends Research Institute Director, Gerald Celente, or for a copy of the Trends Journal’s Top Trends 2009, please contact:

Cheri Van Deusen
Media Relations
The Trends Research Institute
CvanDeusen@trendsresearch.com
www.trendsresearch.com
845.876.6700 Ext. 1

Paul Walter: America on the Brink — PREDICTIONS

On December 22, 2008

In Freedom

An outline of what Paul predicts in this article

From: News with Views

PREDICTIONS

Political Correctness and Freedom of Speech

Religious Persecution and Sharia Law

Civilian National Security Force & Community Service

Re-distribution of Wealth and Economics

Retirement and Euthanasia

Forced Vaccinations

Food Shortages

Population Control and the Environment

Unopposed Compliance

Second Amendment

Conclusion

I was at awe when I came to America that a country existed on this planet where a person could own their own business. Through hard work, the sky was the limit! I love America, and that is why I hate to see it descend into the very socialism my family fought so hard to escape from.

HeartQuotes: Light

Click for the Banff National Park Version

On December 20, 2008

In HeartQuotes

“People are like stained-glass windows.
They sparkle and shine when the sun is out,
but when the darkness sets in,
their true beauty is revealed only
if there is a light from within. “

– Elizabeth Kübler-Ross

Celente: Top Trends Of 2009

On December 20, 2008

In Gerald Celente, The Greatest Depression?

From: Rense.com

Top Trends Of 2009
By Gerald Celente
12-18-8

KINGSTON, NY — Exactly one year ago, The Trends Research Institute alerted you to an impending economic crisis we named, the “Panic of ’08.” Last year we wrote:”In 2008, Americans will wake up to the worst economic times that anyone alive has ever seen. And they won’t know what hit them. “

Our forecast was right on target. Few others saw the Panic coming. As former Treasury Secretary Robert Rubin declared (November 29, 2008,) “Nobody was prepared for this.”

Mr. Rubin’s statement was incorrect. We were prepared, and we prepared our Trends Journal ® subscribers.

Now, in our “Top Trends of 2009,” we forecast “The Collapse of ’09,” which in turn will spiral into the “Greatest Depression” the worst economic conditions America has ever experienced.

That’s not all. Beyond economics, 2009 will be a tumultuous year. Trends foreboding and trends promising:

The Collapse of ’09: Markets will tumble and major businesses will fail.

The Greatest Depression: Worse than the1930’s Depression. Why?

Revolution: What will be the spark that ignites it? Who will fire the shot heard around the world?

Obamarama: High hopes, broken promises: Some victories, major failures.

Economic Slim-Fast: Like it or not, Americans will go on a spending diet and food diet.

Bush Gardens: Lawns out, Edible Landscaping in. Why Bush Gardens?

Whole Health Healing: 2009 marks a year of “attitude change” for the on-trend health aware.

Little People Squeeze: Politicians will put the financial squeeze on the already squeezed.

Regenerative Medicine: The time is ripe for stem cells to come out of the laboratory and into the clinic.

That’s Entertainment. Lifting spirits and drinking them will be big business and major pastimes during the Greatest Depression.

College Crash: Following the equity market meltdown, the real estate bust and the retail unraveling, comes the college crash.

Cheri Van Deusen
The Trends Research Institute
CvanDeusen@trendsresearch.com
www.trendsresearch.com
845.876.6700 Ext. 1

Rogers: The Elite Are Turning A Recession Into A Depression

On December 19, 2008

In Barack Obama, China, Real History, The Greatest Depression?

From: Prison Planet

Veteran investor Jim Rogers warns that the policies of central banks and politicians are turning what would have been a recession into a new great depression, and that Barack Obama’s taxation agenda will only make the problem much worse.

Speaking to Bloomberg News, Rogers said that the crisis would at least be the worst since the second world war and that “it could well be” as bad as the great depression.

“1929 was the stock market bubble which popped, we were going into a recession and then the politicians around the world starting making horrendous mistakes which turned it into a depression, it would have been just a normal recession otherwise but the American politicians and the European politicians – everyone got in on the act and that seems to be happening this time too,” said Rogers.

Rogers labeled it “unfathomable” what central banks were doing and totally at odds with the lessons of history, adding that President elect Barack Obama’s intention to impose protectionism and taxation of capital would fuel a depression.

“If that happens, it’s all over,” warned Rogers, adding that the same thing will happen to the U.S. as happened to Britain between 1918 and 1939, which went from being the richest and most powerful country in the world to being a shambles. China would replace America as the great superpower in the 21st century, said Rogers.

Read Entire Article, Watch Clip

Celente: Facing the Greatest Depression, People Will Go Berserk — “When people lose everything, and have nothing to lose, they lose it”

On December 19, 2008

In Gerald Celente, The Greatest Depression?

Transcribed by Jeff Fenske from Coast to Coast AM, 12/19/08

Gerald Celente, Trends Research Institute:

“Following the Collapse [of 2009]; then, following the Greatest Depression, we’re going to see Revolution.

And all you have to do is look what’s going on over there in Greece. This isn’t about a 15-year-old kid getting shot. This is about pent up anger, particularly among the young people who have a futureless future. And they’re looking at the corruption in the government, the scandals, and they’ve had it.

There’s a saying that we have—I’m originally a Bronx boy: ‘When people lose everything, and have nothing to lose, they lose it.’

And the people in this country think that social unrest only happens in other countries. It’s going to happen here when you have the homeless, the helpless and the hungry out on the streets. What happened in Chicago, with the workers refusing to leave the factory, you’re going to start seeing more and more of it.

We’re going to see a revolution in this country, and these are the beginning phases.”

As a result of the revolution, Celente considers secession movements to be a very real possibility: America splitting up into pieces.

Had Only America Known: U.S. & Russian Intelligence Assassinated General Patton, Who Wanted to Free Eastern Europe Before Coming Home

Dr. Stan Interviews Robert Wilcox, “Target: Patton—The Plot to Assassinate General George S. Patton”

In 'THEY' couldn't be that EVIL??, Ethics, Germany, Real History, Republicans… Blackmailable, The Soul of America, War

Wow! I listened to the author of Target: Patton: The Plot to Assassinate General George S. Patton interviewed on Coast to Coast AM, dumbfounded, wondering that if vets like my own father had known in the ’50s and ’60s that our own government (the intelligence agency before the CIA, the OSS) intentionally had General Patton killed, would the United States of America be in the dire situation it’s in today?

Had only this important revelation come out earlier, America may still be the land of the free and the home of the brave.

The author, Robert K. Wilcox, stated that our government with the media had painted a rosy picture of Russia, so most Americans didn’t know of Stalin’s atrocities and the Gulags. Among other things, Patton wanted to drive Russia out of Eastern Europe, and apparently, he was going to blow the whistle about the thousands of POWs that Robert thinks ended up dying in these very Gulags.

Patton’s popularity was huge in the US. He could have easily swayed American opinion against Stalin, so our own government decided to take this “loose canon” out, possibly in collusion with Russia.

This is a great interview!

From the Inside Flap of “Target: Patton”:

He was the most controversial American general in World War II–and also one of the most successful, courageous, and audacious. As a post-war administrator of defeated Germany, he sounded alarm bells about the dangers of Soviet encroachment into Europe. Politically, he was a lightning rod–an outspoken conservative who continually embarrassed his superiors with his uncensored, undiplomatic, and unrestrained comments to the press. He was General George S. Patton Jr., old Blood and Guts.

In 1945, shortly before he was to fly home to the states as a conquering hero, he was involved in a mysterious car crash that left him partially paralyzed.

Two weeks later, just as his doctors were about to send him home to finish his recovery, he was dead.

The army ruled the car crash an accident, his death natural. Yet witness testimony on the crash conflicted, key players in the incident disappeared, official reports vanished, soldiers were ordered to keep silent, and there was no autopsy performed on the body.

Read More at Amazon

General George S. Patton was assassinated to silence his criticism of allied war leaders claims new book

President Eisenhower’s role in the CIA plot to assassinate the democratically elected leader of Congo, Patrice Lumumba, in 1960-61

The CIA, Eisenhower and the Assassination of the Democratically Elected Leader of Congo, Patrice Lumumba, 1961

[Video] “Death: Colonial Style”: The CIA, Eisenhower, the Belgians and the Assassination of the Democratically Elected Leader of Congo, Patrice Lumumba, 1961

Cheney admits authorizing detainee’s torture

Read Entire Article with Video

In George Bush Family, Torture

From: The Raw Story

Monday, outgoing Vice President Dick Cheney made a startling statement on a nation-wide, televised broadcast.

When asked by ABC News reporter Jonathan Karl whether he approved of interrogation tactics used against a so-called “high value prisoner” at the controversial Guantanamo Bay prison, Mr. Cheney, in a break from his history of being press-shy, admitted to giving official sanctioning of torture.

“I supported it,” he said regarding the practice known as “water-boarding,” a form of simulated drowning. After World War II, Japanese soldiers were tried and convicted of war crimes in US courts for water-boarding, a practice which the outgoing Bush administration attempted to enshrine in policy.

“I was aware of the program, certainly, and involved in helping get the process cleared, as the agency in effect came in and wanted to know what they could and couldn’t do,” Cheney said. “And they talked to me, as well as others, to explain what they wanted to do. And I supported it.”

Media Distorts the News: CNN Omits the Most Persuasive Words the Shoe Thrower Said

In Media Bias Exposed

In the excerpt below, CNN includes only three of the twenty-one words (when translated) that al-Zaidi yelled, leaving out those that would pull Americans’ heartstrings most to more fully realize who we’ve actually killed in Iraq:

“This is from the widows, the orphans and those who were killed in Iraq.”

Omission is perhaps the most widely used technique to manipulate public opinion — what they don’t tell us.

But CNN also employs substitution. Many would not see the lack of quotes in the words they add:

“who launched the 2003 invasion of Iraq.”

The actual quote was much more powerful!

From: CNN

Al-Zaidi threw his shoes at Bush, while Bush and Prime Minister Nuri al-Maliki were holding a Sunday news conference after the president’s surprise visit to Baghdad. The journalist was dragged to the ground, hustled out of the room and arrested.

Shouting as he was dragged to the floor, the reporter called his shoe-throwing — a traditional insult in Arab culture — a “farewell kiss” to a “dog” who launched the 2003 invasion of Iraq.

From: Democracy Now!

In Baghdad, a press conference with Iraqi Prime Minister Nouri al-Maliki was interrupted when an Iraqi journalist threw his shoes at President Bush. The shoes almost hit Bush in the head.

The journalist, Muntadar al-Zaidi, screamed in Arabic, “This is a farewell kiss, you dog. This is from the widows, the orphans and those who were killed in Iraq.”

It’s what they don’t say.

Ron Paul: Bailouts Will ‘Destroy the Dollar’

In $Money$ ToBeFree, Ron Paul

From: Newsmax

Paul has called for abandoning the Federal Reserve System and returning the nation to a gold and silver standard. He told Newsmax why.

“It’s not so much that gold is perfect, it’s that paper is insane. To give politicians and bureaucrats and secret bankers the license to counterfeit money and create money out of thin air is destined to fail, and it has. That’s why we’ve had this financial bubble develop since the linkage to gold has been severed in 1971…

“Now they’re trying desperately to print and spend, but the bubble was overwhelming and the bursting of this bubble is something they can’t contain. It would never happen under a gold standard because there would be no legal right for our central bank to spend money and create money out of thin air. The arrogance of it all is unbelievable.

“If we continue doing what we’re doing now, we will literally destroy the dollar.”

Paul, who is a physician, was critical of Obama’s stated aim of developing a national health care plan. He said: “He has no money. Where is he going to get the money?

“He has no intention of bringing our troops home. He’s talked a little about Iraq, but we’re maintaining a world empire to the tune of a trillion dollars a year. He wants more troops in Afghanistan … You have to save some money someplace.…

Paul was especially popular on college campuses during his most recent presidential campaign. Martella asked: “Did you sort of feel like a rock star when you spoke to college students?”

Paul responded: “No, not really.:..

Read Entire Article

Noam Chomsky: The Truth About Obama’s Neocon Cabinet

In Barack Obama

[youtube=http://www.youtube.com/watch?v=Atki1GHaES4]

Meet the Man Who Threw His Shoes at Bush. Are We Getting It Yet?

On December 16, 2008

In George Bush Family, War

From: Democracy Now!

In Baghdad, a press conference with Iraqi Prime Minister Nouri al-Maliki was interrupted when an Iraqi journalist threw his shoes at President Bush. The shoes almost hit Bush in the head.

The journalist, Muntadar al-Zaidi, screamed in Arabic, “This is a farewell kiss, you dog. This is from the widows, the orphans and those who were killed in Iraq.”

From: CNN

Muntadhar al-Zaidi’s feelings were influenced by watching the agony suffered by everyday Iraqis. Most of the reporter’s stories focused on Iraqi widows, orphans, and children, said the brother.

Sometimes the 29-year-old journalist would cry. Moved by the tales he reported of poor families, he sometimes asked his colleagues to give money to them. On most nights, he returned to his home in central Baghdad after reporting from Sadr City, one of the country’s most violent slums and the epicenter of several of the war’s pitched battles.

Muntadhar al-Zaidi’s reporting for Egypt-based independent television Al-Baghdadia was “against the occupation,” his brother said. The journalist would occasionally sign off his stories “from occupied Baghdad.”

From: AlterNet

The AP also reports that al-Zeidi was kidnapped by gunmen while on assignment as a journalist in a Sunni district of Baghdad. he was also arrested by American soldiers. Al-Zeidi is a 28-year-old unmarried Shiite.

He was freed unharmed three days later after Iraqi television stations broadcast appeals for his release. At the time, al-Zeidi told reporters he did not know who kidnapped him or why, but his family blamed al-Qaida and said no ransom was paid.

In January he was taken again, this time arrested by American soldiers who searched his apartment building, his brother, Dhirgham, said. He was released the next day with an apology, the brother said.

[youtube=http://www.youtube.com/watch?v=JYnMp-CnYNc]

Integrity Has All But Vanished In America

On December 16, 2008

In Barack Obama

From: News with Views, Frosty Wooldridge: Where Has Integrity Vanished in America?

Last week, federal prosecutors charged Illinois Governor Rod Blagojevich with a “political corruption crime spree” of mind-numbing scope that included attempting to sell Barack Obama’s U.S. Senate seat. Across the nation at coffee shops, citizens asked, “What’s happened to integrity, duty to country and honor to one’s family?”

While Illinois features the corruption-ridden Chicago Mayor Richard J. Daley political machine from the turbulent 60s, his son Mayor Richard M. Daley carries on in much the same manner. Chicago houses upwards of two million illegal aliens protected by Daley’s “Sanctuary City” status—in direct conflict with Federal Laws. No illegal aliens may be arrested or deported within Chicago’s city limits. All rapists, terrorists, drug dealers and gang members enjoy protection from law enforcement.

But what about integrity? What about personal responsibility? What about taking an oath on the Bible to uphold our U.S. Constitution and laws? […]

—no wonder this country falls into horrific consequences! We find ourselves becoming a third world country where corruption marches as a ‘mechanism’ by which our elected leaders operate.

I have touched only the tip of the corruption iceberg! We still don’t know the extent of the Jack Abramoff payoff scandal. We do not know the extent of all those in Congress who haven’t been caught or how many state governors remain free while they lead corrupt lives.

To my final corruption: what about U.S. Senator Barack Obama our president-elect? With one simple submission of his validated birth certificate, showing that he is a natural born U.S. citizen—he could dispel the charges that his true birth place is Kenya, Africa. Yet, he has not! He will not until he is forced.

Thus, Obama, by his lack of integrity, his lack of honesty and his lack of honor will most certainly create a Constitutional crisis. If he does not produce a valid U.S. birth certificate, he will become no different than the Kennedy’s, Blagojevich, Spitzer, Clinton and George Bush.

And our country circles the toilet while our Constitution finds itself being flushed into the sewer.

Melissa Etheridge: “Christmas in America”

On December 15, 2008

In FreedomQuotes, War

What happened to the peace on earth
All that goodwill toward men?

Oh come on all you faithful
It’s time to think again.

Sarah Palin’s Home Church Torched, Including Entrances & Exits!

On December 15, 2008

In Sarah Palin

[youtube=http://www.youtube.com/watch?v=PRVx1g_BeF4]

From: Anchorage Daily News, Accelerant poured around Palin’s church

WASILLA – Whoever torched Gov. Sarah Palin’s home church tried to start fires in several places around the building, the federal agency assisting in the investigation said Monday.

Accelerants were found in multiple locations on the outside of Wasilla Bible Church, including around entrances and exits, according to the Bureau of Alcohol, Tobacco, Firearms and Explosives.

Celente: Greece-Style Riots Coming To U.S.

On December 15, 2008

In $Money$ ToBeFree, Gerald Celente, The Greatest Depression?

From: Prison Planet

Frighteningly accurate trends forecaster Gerald Celente says that America will see riots similar to those currently ongoing in Greece and that the cause will be a hyper-inflationary depression, leading to the inevitable use of troops and mercenaries to deal with the crisis as Americans are incarcerated in internment camps.

As we have highlighted before, Celente’s accuracy is stunning – he predicted the 1987 crash, the sub-prime mortgage crisis and the “panic of 2008,” and is routinely cited even by mainstream news networks as highly credible. …

The trouble would be sparked off by Obama declaring a “bank holiday” whereby people won’t be able to withdraw their money.

“What’s going on in Greece with these riots has nothing to do with a 15-year-old boy being killed, that was only the spark that ignited the pent up, really hatred and disdain, people have for the scandals and corrupt government and the same thing is going on in this country as well,” said Celente. …

“There’s talk of opening all these detention centers and hiring the goon squads, the Blackwaters to run them, so these are realities going on as we speak,” said Celente, adding that the Halliburton subsidiary KBR had been awarded a half a billion dollar contract to build “national emergency” internment camps in the name of detaining illegal immigrants but that they would be used to hold rioting Americans.

“We’re really in a period of ‘off with their heads’ and its going to be the people against the politicians,” said Celente.

Celente said that a breakup of the United States was possible and that the secessionist movement was strong. …

Listen to the interview here.

HeartQuotes: Little Emotions

In HeartQuotes

“Don’t forget that little emotions
are the great captains of our lives.”

– Vincent Van Gogh

Click for Waterfall Version

Bob Chapman: Hyperinflation and then The Second Great Depression

In $Money$ ToBeFree, Inflation$$$$$$, The Greatest Depression?

From: The International Forecaster

We are now 17 months into a credit crisis that continues to expose the corruption and incompetence of government, banking, Wall Street and transnational corporations. The situation has not stabilized and it won’t anytime soon. All we see are sweetheart deals for elitist corporations for which American taxpayers will pay for years to come. The future of our nation is totally out of control. For the last eight years our economy has been running on something for nothing, lies and deceit. The result will be hyperinflation and then the Second Great Depression.

As we predicted long ago the only avenue open to the elitists that control our country is to hyper-inflate to avoid collapse as long as possible. In this process financial institutions, most of whom are bankrupt, are trying with the help of the American taxpayer, to hold on. In that process they are severely limiting credit, which restricts business and growth and has caused crippling de-leveraging in our economy, particularly among hedge funds. Debt totally embraces our lives and finally we see de-leveraging among individuals as all debtors and borrowers come under pressured from the lenders. While this transpires relentlessly, unemployment grows stamping out the buying power of the masses many of whom already are on the edge of bankruptcy. We have this great mass of disintegration on the bottom and massive amounts of money and credit on the top. The money and credit is not reaching consumers who have been forced to stop buying. It is staying on the balance sheets of banks, brokerage houses, insurance companies and transnational conglomerates, such as G.E.

Read Entire Article

Peter Schiff: The Hyper-Inflation Cat Will Soon Be Out of the Bag

In $Money$ ToBeFree, Inflation$$$$$$, The Greatest Depression?

From: Financial Sense University, A Nightmare Before Christmas

Last weekend Barack Obama announced his intention to implement a New Deal-style stimulus and public works program. What he somehow forgot to mention is that the United States is wholly dependent on the willingness of foreign creditors to supply the funds. But a weakening dollar makes continued foreign purchase of U.S. Treasuries a much more difficult decision.

Once the dollar begins to collapse beneath the weight of all this new deficit spending, accumulation of contingency liabilities, and the socialization of our economy, commodity prices and interest rates will head skyward. In addition, once all the going out of business sales at U.S. retailers are over, and excess inventories have been reduced, watch for big price increases at the consumer level as well.

Once the government runs out of foreign and private sector bidders for new treasuries, the Federal Reserve will be the only buyer, and the hyper-inflation cat will be completely out of the bag. Sensing this, the Fed has recently indicated a desire to begin issuing its own bonds. However….

Read Entire Article

“The Next Tsunami to Hit will be the Commercial Real Estate Market”

In $Money$ ToBeFree

From: George Washington’s Blog

I am hearing first-hand stories from some top people in the commercial real estate business that the market is crashing.

Even the big boys – big mall-owners and the owners of office buildings – are losing their financing, and can’t to deals.

The Wall Street Journal wrote about the looming commercial real estate crisis in November, leading off with the quote “The next tsunami to hit will be the commercial real estate market”. Bloomberg and others have covered it. Stories of defaults by the owners of shopping malls are everywhere (and see this). Some urban regions are experiencing commercial vacancies of 15 percent to 20 percent.

I’m hearing the same thing from the horses’ mouths.

Source

Bush: The Bible isn’t Literally True; Evolution is Scientifically Proven; Jesus isn’t the Only Way