Thursday, May 6, 2010
First 6 months of 2010, Americans will continue to live in the 'unreality'...the period between July and October is when the fireworks will begin. The Fed will act unilaterally for its own survival irrespective of any political implications ...(source is from insider at FED meetings). In the last quarter of the year we could even see Martial law, which is more likely for the first 6 months of 2011. The FDIC will collapse in September 2010. Commercial is set to implode in 2010. believes there is a 100% chance of crash in , especially municipals sometime during 2010. The dollar will be devalued by the end of 2010.
Terrorist attacks and the "Crash of 2010". 40% devaluation at first = the greatest depression, worse than the Great Depression.
In the summer of 1998, based on classified data about the state of the U.S. economy and society supplied to him by fellow FAPSI analysts, Panarin forecast the probable disintegration of the USA into six parts in 2010 (at the end of June – start of July 2010, as he specified on 10 December 2000
Have projected that the third and final stage of the economic collapse will begin sometime in 2010. Barring some kind of financial miracle, or the complete dissolution of the Federal Reserve, a snowballing implosion should become visible by the end of this year. The behavior of the Fed, along with that of the IMF seems to suggest that they are preparing for a focused collapse, peaking within weeks or months instead of years, and the most certain fall of the dollar.
July and onward things get very strange. Revolution. Dollar dead by November 2010.
2010 Outlook from a group of 25 European Economists with a 90% accuracy rating- We anticipate a sudden intensification of the crisis in the second half of 2010, caused by a double effect of a catching up of events which were temporarily « frozen » in the second half of 2009 and the impossibility of maintaining the palliative remedies of past years. There is a perfect (economic) storm coming within the global financial markets and inevitable pressure on in the U.S. The injection of zero-cost money into the Western banking system has failed to restart the economy. Despite zero-cost money, the system has stalled. It is slowly rolling over into the next big down wave, which in Elliott Wave terminology will be Super Cycle Wave Three, or in common language, "THE BIG ONE, WHERE WE ALL GO OVER THE FALLS TOGETHER."
Forecasts on the economy. He sees the real estate market continuing to decline, and advised in precious metals and commodities, as well as keeping cash at home in a safe place in case of bank closures. , after peaking in March or April (around 10,850), will fall all the way down to somewhere between 2450 and 4125 during the next leg down.
Harry Dent (investor)
A very likely second crash by late 2010. The coming depression (starts around the summer of 2010). Dent sees the stock market--currently benefiting from upward momentum and peppier economic activity--headed for a very brief and pleasant run that could lift the Dow to the 10,700-11,500 range from its current level of about 10.090. But then, he sees the market running into a stone wall, which will be followed by a nasty (starting in early March to late April) that could drive down the Dow later this year to 3,000-5,000, with his best guess about 3,800.
Every researcher, writer, and filmmaker who tackles the New World Order issue will suffer the unfortunate experience of running into people who are almost criminally uninformed, and this will happen on a regular basis. For a long time, our frustration was magnified by our inability to specifically define what it was that made these people the way they were. Were some just mentally inadequate, and unable to effectively process the facts? Were they so indoctrinated by the MSM that there was no turning back? Was there an innate difference in intuitive faculties that made some people quick in picking out a lie, and others slow? Many theories abound, but one thing was certain; in our quest to inform the masses, there were always going to be those who were incapable of hearing or understanding what we had to say, no matter how factual, rational, and refined our arguments. We now call these wonders of intellectual rustication “Sheeple”…
Sheeple can be found in every country, every ethnic background, every religious organization, and every subculture.
Tuesday, May 4, 2010
Mexican President Felipe Calderon denounced as “racial discrimination” an Arizona law giving state and local police the authority to arrest suspected illegal immigrants and vowed to use all means at his disposal to defend Mexican nationals against a law he called a “violation of human rights.”
But the legislation, signed April 23 by Arizona Gov. Jan Brewer, is similar to Reglamento de la Ley General de Poblacion — the General Law on Population enacted in Mexico in April 2000, which mandates that federal, local and municipal police cooperate with federal immigration authorities in that country in the arrests of illegal immigrants.
Under the Mexican law, illegal immigration is a felony, punishable by up to two years in prison. Immigrants who are deported and attempt to re-enter can be imprisoned for 10 years. Visa violators can be sentenced to six-year terms. Mexicans who help illegal immigrants are considered criminals.
The law also says Mexico can deport foreigners who are deemed detrimental to “economic or national interests,” violate Mexican law, are not “physically or mentally healthy” or lack the “necessary funds for their sustenance” and for their dependents.
In a time of crisis, who can the people trust? Their political leadership, or fellow citizens?
Concerned the answer to that question might be turning into “neither,” Yale-educated ex-soldier and former Ron Paul organizer Stewart Rhodes hatched an idea that’s grown beyond his wildest imagination.
Now a darling of the conservative media for his military and law enforcement activist group “Oath Keepers,” Rhodes is pursued by fawning tea party organizers and promoted by people like Glenn Beck, Matt Drudge, Rush Limbaugh, Pat Buchanan and even Watergate burglary planner G. Gordon Liddy.
Though the newfound love from right-leaning pundits is certainly not lost on him, it’s not reciprocated. For as much as they laud Rhodes, push stories about Oath Keepers and link their materials, he just sees “hypocrisy” — and was not ashamed to tear down his recent promoters in an interview with RAW STORY.
Take, for example, Glenn Beck, who eagerly followed Matt Drudge in promoting Oath Keepers late last year for their pledge to “prevent dictatorship.” Though Oath Keepers is cosponsoring a Beck-organized 9/12 rally in Washington, D.C. later this year, that doesn’t mean Rhodes agrees with or even likes the flamboyant Fox TV star.
“I’m not sure where he’s at, he kinda jumps around,” Rhodes said of Beck. “He was, early on during the Ron Paul campaign, horrible to Ron Paul. He even suggested that some of his followers were potential domestic terrorists and wanted to use the military against them. So, he seems kind of erratic.”
Despite the arrest of a Pakistani-American who authorities have been trailing for two days as the prime suspect behind the botched Times Square car bombing, New York Mayor Michael Bloomberg wasted little time in smearing anti-Obamacare activists as terrorists during an appearance on CBS News last night, implying that the attack was the work of a Tea Party activist.
“If I had to guess 25 cents, this would be exactly that, somebody who’s homegrown, maybe a mentally deranged person or someone with a political agenda that doesn’t like the health care bill or something, it could be anything,” Bloomberg told Katie Couric.
Without knowing the full explanation behind the motivations of the man arrested in connection with the bombing, it seems unlikely to us that a man of Pakistani origin named Faisal Shahzad would have much to do with conservatives or Tea Party activists, which makes Bloomberg’s smear all the more insidious.
Authorities had been tracking Shahzad as the prime suspect for two days before his arrest at JFK Airport, after they discovered it was he who bought the 1993 Nissan Pathfinder from a Connecticut man about three weeks ago.
Bloomberg had to be aware of the fact that the prime suspect was a Pakistani and not a stereotypical white American anti-Obamacare activist, so why even invoke health care as a potential motivating factor behind the botched attack?
As Kurt Nimmo reported yesterday, before the identity of the culprit behind the bombing had even been hinted at, so-called “progressive” blogs and statist news websites staunchly pushed the explanation that the attack was planned by Tea Party conservatives and opponents of big government.
David Kotok of Cumberland Advisors is out with some very gloomy comments about the economic ramifications of the Deepwater Horizon oil spill, and what it will cost. First he notes the ugliest case scenario:
This will be a
calamity for many firms, not just BP and its partners and service providers. Their liabilities are immense and must not be underestimated. The first estimate of $12.5 billion is only a starter.
We expect that the Federal Reserve will extend the timeframe that we have come to know as the “extended period” in the making of its monetary policy. We do not expect the Fed to raise interest rates at all for the rest of this year, and maybe well into next year. We expect to see the deterioration of the economic statistics for the US to reveal the onset of this oil-slick crisis in May, and the negative impact will intensify during the summer months. A “double-dip” recession probably has been made more likely by this tragedy.