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POPSThe New Gold Rush Updated: as the dollar tumbles thanks to bailouts and the Fed printing more paper Gold Just hit $1140 per oz, a new record
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POPSThe Dollar in Jeapordy - Wow! Economic warfare and "blowback" to US foreign policy. This goes to show just how much foreign policy, both wars and economic sanctions against others, can effect the domestic U.S. economy. Will Americans press the government to roll back its foreign aggression in pretense of a "war on terrorism", threats against Iran...etc?
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POPSThe REAL "Inconvenient Truth": Cell Phones and Bee Colony Collapse
Honey bees are in effect saying, "Can you hear us now?" The consequences of inaction on this are real and enormous. But unlike oil, coal or "carbon emissions", not even Al Gore or Obama will advocate giving up or curbing cell phones or towers, even though the hard facts on this are much more threatening to agriculture, and by consequence human life, the economy of foods, and the entire eco-system than the mythical "global warming" doomsday scenerio. Cell phones are America's and the world's unnecessary CONVENIENCE that apparently are not even being debated by the Climate people, willing to sacrifice the pollination of food crops by honey bees for cell chat. The buzz is real, but governments are not moving to regulate, and are likely too afraid of consumers who do not care about consequences any more than those who throw fast food trash out the window of their cars. There is also hard evidence of radiation from cell phones directly damaging human health.
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POPSThe Economic 9/11: September 11th 2008 "Changed Everything" The Big Secret: The Economic Terrorist Attack Sept. 11, 2008 in New York City. An "electronic run on the banks" that almost led to total American and global financial collapse. Who was the "someone" behind the "electronic bank run" that almost collapsed America's economy, in the New York City financial district, center of international trade as well, on Sept. 11, 2008, between the hours of 9am and 11am, on the very anniversary of the 9/11 attack in the same city, and at the very same time? The Bailouts have received all the attention without giving due attention to this "catalyzing event" on 9/11/08 that precipitated the Economic Crisis and subsequent government response. It is an unspoken, but fully documented event, that receives no attention. Why not?
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POPSAIPAC Bill to Cut-off Oil Products from Iran, Jeapordizes US Economy More Iran imports 40% of its petroleum products, which AIPAC is leaning on Congress and Obama to cut-off under pretext of "nuclear threat" (hogwash, no evidence of that). See the video and details from the 2009 AIPAC Conference just concluded. Let's imagine the consequences of cutting of oil products from Iran: 1. Iran could reduce supply of crude petroleum to US and others, and get OPEC to agree. Iran controls a large percentage of world supply of crude. 2. Gas prices in the U.S. would skyrocket (again), in this economic war on Iran, in the midst of a severe recession and high unemployment (still growing)! 3. In consequence of #2, all consumer products (that require transportation and fuel) would also skyrocket , causing inflation of prices during recession and unemployment! AIPAC does not care about the U.S. , only the radical Zionist agenda of a "new middle east", and only them with nuclear weapons. Tell Congress NOT to support this legislation!
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POPSSwine Flu: "Attention, Mexico Will Be Closed 5 Days" Breaking late Friday...This move, to 'save the economy', will cripple it severely, and cause more travel cancellations from those who were ready to go anyway and brave the panic. Now there will be no incentive to travel, for the businesses will all be closed!
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POPSAmerica's Future: 25% Unemployment, Crime Wave, Fascism, Institutional and Social Distress This is a must-hear podcast about trends at source (original link at top or "download" link at bottom). This might be his most pointed and thorough interview so far with Celente of Trends Research Institute, covering not only the Banks, economy and the coming depression (25% unemployment!) , and the Fed, but society, education, future of the government, etc.. Government fascism (joining of banks, corporations, and government) has already begun under Bush. Police State measures will increase.
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POPSNational Debt Tops $11 Trillion But this will not prevent Obama or Congress from spending more recklessly than a woman with a credit card. Speaking of which, the Credit Card crisis is the next one pending now in the financial players on-deck circle...bank default rates are huge and growing.... because people know they will likely get a bailout and be forgiven, or are just mad at the banks! Bad bailout policies perpetuate more financial problems, and increase national debt!
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POPSSell-fest on Wall Street/Global Mkts, Bailouts Not Working Financial markets are not stabilized, no confidence either. Investors are bailing out of bank stocks, destabilizing the markets further. No government bailout plans can correct this: “You have almost no reason to own a bank stock,” Keith Wirtz, who helps oversee $20 billion as chief investment officer at Fifth Third Bancorp Even Warren Buffet is being more blunt now.
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POPSTreasury Secretary Geithner's Elite Global Connections The Group of Thirty and heads of central banks of the world. He also used to work for Henry "new world order" Kissinger. See article for much more. Michael Savage even exposed this further on his radio program saying this is an indication at where things are going. This is a hint to the coming globalization of the banking system, not just nationalization of some US banks. PM Gordon Brown and the G8 meetings have indicated movement the same direction. Geithner is not in office really to help the economy...but to help the banksters....who are in control of the governments, and consolidating power. After all, he came from the Federal Reserve Bank of NY.
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POPSStimulus Plan is Unconstitutional, Economically Dangerous! Both the Constitution and history are witnesses that testify that the Stimulus Plan is both a federal usurpation of power and economically stupid, and could CAUSE another "catastrophe". Read the author's review of history on this: Until the 1930s, the Constitution served as a major constraint on federal economic interventionism..... This Constitutional constraint still operated as late as the 1930s, when federal courts issued some 1,600 injunctions to restrain officials from carrying out acts of Congress, and the Supreme Court overturned the New Deal's centerpieces , the National Industrial Recovery Act and the Agricultural Adjustment Act, and other statutes. And this Federal intervention rests on the presumption that officials know how to manage the economy So why is Obama being encouraged by many to pass another "New Deal" when history proves the outcome? This should have been on the front page of the Wall Street Journal.
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POPSNetanyahu, The Real Threat to Peace in the Middle East Hey Israel, do not elect this Likud party war-monger who has direct ties to the neoconservatives of the Bush administration! No more neocons or Likudniks who only foment wars without just cause. His point about "trumping economics" is also ridiculous and proves his lack of sanity. WAR HAS INCREASED US NATIONAL DEBT UNDER BUSH, DEVALUED THE DOLLAR, RAISED OIL PRICES...EVERYTHING THAT HURT THE ECONOMY. So Bibi (his nick), don't try and sell us more wars for "regime change". Neither has Iran ever attacked another country, while Israel (who has WMDs) has. In fact Israel has attacked three countries within the last 24 months--Lebanon, Syria, and Gaza. Netanyahu is also close friends of Larry Silverstein, lease owner of the WTC complex that was demolitioned on 9/11 which ignited the pre-planned wars for a "new middle east" laid out in the Project for New American Century's Sept. 2000 blueprint. Note the elections follow Gaza.
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POPSChina May Prevent U.S. Economic Recovery, Thwart Obama's Spending Plan Congress should consider this, for Obama is counting on the continuing saleability of National Debt for his trillion dollar deficit to be funded through what China has historically purchased as an investment, i.e. U.S. treasury bills. You cannot spend indefinitely what you do not have even if the Fed prints it for you if no one is willing to buy it. Global bank consolidation will be introduced as the remedy , which is the globalist goal, as this article linked by Drudge hints: Measures will be taken at the G-20 meeting...Sarkozy ... "We should discuss how each of us is managing his currency, his interest rates." Economist also say that this would reverse low interest rates for home loans in the U.S. since China normally buys mortgage backed (in)securities but may not now. This is the risk of debt, that it makes one a slave to the lender and investors.
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POPSFed Slashes Interest Rate to Near Zero, Recession Worsening Christmas retail sales are bad, so the Fed enacts record low interest rates (between banks). Drastic measures, which might worsen things instead of improve. Ask your bank if your credit card rates will decline with this....they will not. The banks get all the benefit, not the consumer.
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POPSGas Prices Down, Still Higher Than Last Year This data is thru Oct. 6. Gas prices today are down even more, almost to 3.00 per gallon, but still higher than a year ago. The price average last year at this time was 2.77. Prices were 1.29 pre-Iraq war in 2002. Note the crude stock chart shows that while monthly prices are falling monthly crude supply has remained about the same , busting the "supply is the problem" propaganda.
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POPSBailout: That Giant Sucking Sound--House Approves This guys blog received 1.8 million hits the other day after being on national radio. He is an investment expert and advisor leading a campaign to prevent the Bailout. The Constitution makes no provision for the government to take the people's tax revenues and provide them to private firms for financial assistance.
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POPS"I'm Barack Obama, and I Approve This Bailout" Both left and right on Main St. oppose the bailout bill, and for good reason. Take a look here at how mad many on the left are. Here is his punch line to the get-a-long Democrats in Congress--call it a hard left hook: To the former, the Democratic Party, I say: your support of this Bill as it stands or in any form that simply hands over money and asks the market to take care of the mess makes you our enemies, not our advocates. ...then he lands one squarely on Obama's jaw: To Barack Obama I say: you are a fraud on public credulity. You are no more a "change" agent than I am the Pope. With your support of this bailout, you have acted in direct contradiction to your promise of change Last chance to call your house rep before they RUIN both the market and the economy with those latest Bailout bill.
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POPSPoll: 72% of Americans Do Not Support Bailout This is somewhat dated but the principle is the same. It also shows that the final vote of Congress was NOT out of line with the American public. Look closely at these statistics. The market is a sick patient and the only remedy is to let the market throw up and disgorge itself of the debts it has ingested. Force-feeding it to make it feel better will not cure, but even worsen the convulsions later.
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POPS150 Top Economists Say "Hold Off" on Bailout The economists say: "not urgent right now" and "will create more problems", and "expressed alarm at the haste of lawmakers and the Bush administration to pass legislation". Alot different than what Bush stated Wed night in his "Financial WMD speech" isn't it? Read the advise of these experts who warn: ``The situation may get urgent, but it's not urgent right now. Right now it's a financial sector problem.'' Apparently this helped to slam on the brakes Thursday: Today Senator Richard Shelby, a Republican from Alabama, said he has ``five pages of the leading economists in America that wrote to me and the leadership saying the Paulson plan is a bad plan. It will not solve problems. It will create more problems.'' Not hearing that on the news are we? Ask yourself why the MSM does not quote these credible experts instead of parroting the propaganda of Bush's (Fed) speech that the entire economy will collapse without a deal now.
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POPSThe Fed and the Banks, Money and Power This 8 min video sheds important light on how the Fed was created from a very similar financial crisis as is happening now. Is it surprising then that they are using this as opportunity to obtain more power? Anyone see the similarity of circumstances?
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POPSM. Savage: Bush Nationalizes Banks, Freddie/Fannie Bailout "Bush is a fiscal socialist", and says McCain is no better, and certainly not Obama. The bail-out of Freddie and Fannie DOUBLED the national debt over the weekend . The economy is in big trouble. He's right, America is clearly socialist (and has been since FDR), while republicans think Bush is conservative, and McCain will not change that either.
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POPSFed Chairman: Economy Bad, Worst "in Memory" It is not just gas prices. Bernanke talks about how inflation has not yet had its full effect , comparing it to a storm that has not yet fully hit the mainland: "Although we have seen some improved functioning in some markets, the financial storm that reached gale force'' around this time last year "has not yet subsided, and its effects on the broader economy are becoming apparent in the form of softening economic activity and rising unemployment,' Bush and McCain do not acknowledge this, and Obama's policies would never fix it. The role that both Bush and Congress have played in RUINING the economy through government overspending (on unjust wars), devaluing the dollar (which is a key factor in inflation), and causing a rise in oil prices, are not discussed. The Fed is not innocent and causes inflation too by printing more money for government overspending from thin air! The Fed Chairman is using this to try to obtain new powers for th
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POPS$4 per Gallon Gas Coming by Spring Oil prices have quadrupled in 6 years it states, that is since the "war on terrorism" started with the Bush regime. The comparison is made to the last middle east conflict in 1980. Do Americans really want to pay this price, for arbitrary and unjust wars?
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POPSBush in Arabia--Blames Economy on Arab Oil The economy is sinking in part due to oil prices (which inflates gas and all consumer good prices), but not Saudi or OPEC, and Bush knows it. The market price of oil is driven by war fears in the market (war mongering increases price of crude), not OPEC production. Then he says the Saudi ought to warm up to Israel...you know, that friendly rogue nation with WMD.
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POPSGOP Candidates Awake to Economic Crisis--Sort of Note Fred Thompson's quote. Almost sounds like Ron Paul, doesn't he? But they offer no concrete proposals as does Ron Paul, and their cheer leading for "optimism" (blue-blood Romney) is a denial of the severity of the problem that Americans already realize. Ron Paul offers the real solution to eliminate the Income Tax, cut the Federal government back to Constitutional limits, and stop excessive spending, particularly on a trillion dollar war policy.
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POPSImpending Destruction of US Economy Economist and former assistant treasury secretary in the Reagan administration does not mince words. Recall that some Wall Street firms this week finally issued a warning of coming recession. Roberts points out just who Washington and the Fed will support--and it will not be you, the American citizen or taxpayer.
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POPSMerry Christmas: Recession Coming to Town The cost of war-mongering, including oil prices and national debt, will finally come home to roost and Americans will no longer be able to play while causing chaos in the world without feeling a pinch themselves. "Whatever a man (or nation) sows, that will he also reap". The housing sub-prime loan debacle will cause Humpty to fall off the wall, and you know the rest of the story. The Banksters are behind the wars (hint: changing theocratic countries opens new financial and merchandising markets), the same who made money on luring people into foolish loans. They are also the ones who bring you "Christmas" (a festival of spending) every year, the real Scrooges who profit from the so-called "holy-day".
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POPSGas Prices: Funny, Not So Funny Amazing how everyone has already forgotten the sticker shock when it surpassed $2 per gallon. In January 2006 we had prices almost that low, about $2.19 per gallon. Now we are paying almost one dollar more at 3.09. The crude price rose due to war fears about Iran as well as a devalued dollar. Americans are paying a War Tax at the pumps , in addition to Fed and State tax of about 45 cents/gallon (the gov't makes more than oil companies on this high tax). These prices make even Jimmy Carter look good. The transportation costs of consumer goods has gone up (e.g. eggs $2). This is pinching Americans discretionary income, which will slow the economy, and debts are high, loans going bad in housing.
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POPSEconomic Crisis Looming: Bank woes, Stocks Drop, Consumers Pinched as Prices Up Yet only one presidential candidate has been predicting this, and has criticized the Fed (and Congress for not managing the Fed) for printing more money, devaluing the dollar, which leads to price inflation, increased retail fuel prices, and the war-mongering against Iran increases crude oil prices to record highs. Consumers with higher oil and grocery prices (due to fuel and shipping costs) are left with less discretionary income, which WILL effect retails sales. These articles reflect that and report consumer confidence is down. Technically, by the numbers, there is no recession (2 qtrs of negative growth) but the military-industrial complex is keeping growth alive. Hint: This could be a sign of war with Iran...war (government spending in the defense contractors) drives economic growth (e.g. 1940s). (Then the FBI issues a statement and ABC says terrorists threaten to hurt economy, attack malls. Will that be the excuse for a drop in retail sales this winter?)
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