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Wednesday, February 29, 2012

Fish Kills: Dead whales in NZ, Dolphins in US, now 100 Tons of dead fish in Brazil

Blogman's Notes:

The following report prove that incidents of mass fish and animal kills that first began coming to light about 2 years ago are not subsiding but continuing apace. Just two days ago, that there has been another massive Fish Kill, this time in Brazil. It is obvious that some sort of strong toxins are causing mass fatalities in marine life and even in birds, although the problem is not as big on land based life yet. The question that arises is, how long will it be before whatever is poisoning our waters and land begins to kill humans by the millions? And what adverse health effects are already being caused by these toxins for humans?
A survey conducted by the Federation of Fishermen's Colony of Paran√°, Paranagu√° on the coast of the state, indicates that at least 100 tons of fish (sardine, croaker and catfish) have turned up dead since last Thursday off the coast of Parana. Read More
Department of Conservation area manager John Mason said 99 pilot whales stranded themselves Monday on Farewell Spit on the South Island. By Tuesday, 36 whales had died and another 40 remained stranded and were still in danger. This was the third mass beaching of whales in the past 3 months... Read more

The following 2 videos have been included for their News content, not the prophetic claims that I do not endorse. The only prophecies I endorse are the ones found in the Bible, not from people who claim to be prophets. 

Tuesday, February 28, 2012

Global Oil Price Shock could sink Obama and Global Economy

Blogman's Notes:

Came across this article with some great analysis on why the price of oil is actually rising. The inflation of the money supply will lead to massive inflation in many areas, particularly Energy and Food. The world truly has gone insane, and the voices of sanity are heard less and less. Prepare for very hard times would be my advice, stock up on food and become as energy independent as possible!

The days of man's bare minimum necessities costing him all his wages, and therefore leaving no money for things he wants such as iPads and TVs and boats and vacations may be here sooner than most expect.

Revelation 6:6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine. 

A measure of wheat was just enough to bake a loaf of bread and a Penny was wages for a whole day's work. So the days when money will be so devalued, as it was in Germany in the early 1920's, are not too far off. As Central banks engage in endless QUANTITATIVE EASING aka MONEY PRINTING, should we not expect just such results, much higher gas prices for instance? This is exactly what the author of the article quoted below contends. Amazing, isn't it how everything is lining to fulfill Biblical prophecies of the last days in our time? 

By Gary Dorsch, Editor / Global Money Trends

As the price of North Sea Brent crude oil touched $125 /barrel last week, the topic of sharply higher gasoline prices suddenly caught the attention of the Main Stream Media (MSM). Spin artists for the re-election campaign of President Barack Obama were quick to deny any responsibility for soaring oil prices, and instead blamed the upward spiral on geo-political tension with Iran. However, since the days of the Yom Kippur War in October 1973, - when the OPEC cartel placed an embargo on crude oil sales and hiked oil prices by 70%, the price of gasoline has been a key variable effecting the outcome of US-presidential elections.

In nine of the last ten US-presidential elections, if the price of gasoline was higher at the end of the incumbent’s term in office, than when it began, the incumbent lost the election. The only exception to this trend was in 2004, when the average price on Election Day was $2.03 per gallon compared to $1.54 four-years earlier. George W. Bush won reelection, but just barely, 51% to 49-percent. Since Obama took office, the average price per gallon had doubled to $3.70 and is 43-cents higher than a year ago. It’s up 23-cents just in the month of February. Most analysts say gasoline prices could climb to $4 a gallon, as US-refiners switch to a more expensive blend of petrol for summer driving. 

Identifying the precise threshold of pain at which a Global “Oil Shock” wrecks havoc upon the fragile Euro-zone economy is tricky, but crude oil prices are quickly approaching the danger zone. Treading above the 2008 highs is certainly as warning sign of trouble looming on the horizon, especially if prices continue to march upwards. From a strictly technical point of view, the outlook for North Sea Brent is Bullish - climbing higher along an upward sloping trend-line.

In the olden days, - before the collapse of Lehman Brothers and the financial crisis of 2008, central banks would’ve moved to tighten their monetary policies, and hike interest rates, in a concerted effort, in order to combat the inflationary impact of sharply higher oil prices. But in today’s world of “Quantitative Easing” (QE), a tighter money policy is no longer an option, especially with a US-presidential election, scheduled for Nov 6th. Nowadays, the Fed can only display its hawkish credentials, by fending off demands of the ruling politicians for a third round of QE. That still leaves the Fed looking timid and weak in the eyes of speculators.

Monday, February 27, 2012

Update: G-20 to rescue Europe Again - for the 2nd trillionth time: The New World Order Economy arrives!

Blogman's Notes:

Forget the report form Reuters that I quoted yesterday that the G-20 will save the day for the world, Financially speaking. It seems that we are now approaching a state of Anarchy in the Global Financial / Banking Systems where everyone seems to be heading for the exits leaving the sinking Economies, like Greece to sink. The time is soon drawing near when nations, like Germany, will flat out refuse to bailout anyone out. And as happened during the 1st Great Depression, nations will build firewalls around themselves to protect themselves and let the rest of the world burn, Economically speaking. The problem, however, is that in the 21st century, every nation's Economy is so intricately connected with that of every other nation's that as one domino falls, all the dominoes will fall. The meeting of the G-20 this past weekend accomplished absolutely nothing in as far as rescuing Greece or Europe is concerned. Perhaps, nothing can be done to rescue even a minor nation like Greece, let alone Spain and Italy, or the plan all along has been to bring the world, not just to the brink of disaster Economically and Financially, but to make sure that when the collapse comes, there will be no possible way to ever rescue the current Financial / Banking Systems. This is how the 'mark of the beast' Economy will replace the current somewhat Capitalist systems  that have been around for some 5000 years. Welcome to the New World Order! Take the mark or no busying or selling for you; or die if you refuse the mark. My choice has already been made, how about you?

A big reason for the dour mood overcast on the market this morning is the failure of G-20 to resolve latent funding issues, with the IMF demanding more money from Germany for a global firewall, and Germany demanding more money from everyone else. A way to summarize events is that in lieu of any credible collateral left (the bulk of it has and will be pledged with the ECB in its discount window, aka LTRO operations, to keep Italian bonds bid and thus perpetuate the fallacy that things are under control), the world is now running out of ideas how to even kick the can down the road. Which is not a good sign as much kicking remains with tens of trillions in debt rollover coming up in the next few years. Below is Art Cashin's summary of this weekend's disappointing G-20 weekend retreat in Cabo san Lucas, which enjoyed the scenery but did nothing to easy the confusion over who pays for what in the next few weeks.

Sunday, February 26, 2012

G-20 to rescue Europe Again - for the 2nd trillionth time!

Blogman's Notes:

It seems that the first TRILLION that was meant to rescue  Europe and the Global Economy back in 2009 wasn't quite enough; so this time around the sum being bandied about is TWO TRILLION EURO. How much will it be in 2014, 4 TRILLION or 8 TRILLION or will we be hearing QUADRILLIONS (1000 TRILLIONS) by then? Does anyone even remember when the figures that everyone was losing sleep over was quoted in the BILLIONS? As when Hank Paulson, Treasury Secretary under Bush II went to Congress and demanded $700 BILLION that would supposedly solve all the problems of the troubled Global financial System? Now some 30 plus TRILLION dollars later (figures that we are aware of), the problem has grown exponentially rather than having been resolved. How many times have the G7, the G8, the G20, the EU and just about every Financial / Political body on the planet held meetings already to resolve the Crisis yet the Crisis grows bigger and bigger and bigger.... Would you agree with me that if the Powers that Be knew how to resolve the Crisis, they would have done so by now? Or is the plan NOT to resolve the Crisis but rather to continue to pretend to resolve the Crisis until the whole System blows up like the planet Alderaan in the movie Star Wars. Like the explosion of the planet in the movie sent shock waves throughout the Galaxy, when the Global Economy blows up the shock waves will be felt around the world!

(Reuters) - Leading economies told Europe it must put up extra money to fight its debt crisis if it wants more help from the rest of the world, piling pressure on Germany to drop its opposition to a bigger European bailout.
Euro zone countries pledged on Sunday at a Group of 20 meetings offinance leaders to reassess the strength of their bailout fund in March, which could clear the way for other G20 countries to contribute more funds to the International Monetary Fund.
"This will provide an essential input in our ongoing consideration to mobilize resources to the IMF," the G20 said in
the final communique of the two-day meeting of finance ministers and central bankers due to be released later on Sunday.
Germany, as Europe's largest economy, came under intense pressure to support enlarging the region's war chest. But facing political hurdles at home, it has sent conflicting signals over whether it was ready to move.
British finance minister George Osborne left no doubt the G20 requires a clear euro-zone commitment.
"We have to see the color of the eurozone's money first - and, quite frankly, that hasn't happened. Until it does, there's no question of extra IMF money from Britain or probably anyone else," he said.
The G20 is racing to line up massive international resources worth nearly $2 trillion - including existing and new funds - possibly by late April. That would help to draw a line under the financial crisis that erupted in 2008 when Lehman Brothers collapsed, spawned the deepest U.S. recession since the 1930s and now has engulfed Europe's deeply indebted countries.
It would mark their boldest move since they ploughed $1 trillion into their economies three years ago to combat recession. Many advanced economies are still flooding markets with cheap money to combat weak growth and prevent financial contagion.

Saturday, February 25, 2012

Economic News Update - Video Report Feb. 25, 2012

Several sharp and big pins are poised to blow up the Global Economy on a scale never before seen in History. Oil price shock is just one such pin, perhaps the most important one. In this Economic Collapse Update, I summarize some of the biggest dangers to the Global Economy to
day including oil prices and the non - housing market recovery!

Friday, February 24, 2012

Rising Crude Oil Prices - the straw that will break the Global Economy's back?


As gold strengthens on the back of the extreme experimentation of the world's (now-sheep-like) central bankers' easing and printing protocols, it does no real harm to the world, but as John Burbank (of Passport Capital) notes, the painful unintended consequence of all this liquidity is energy costs skyrocketing - and it won't stop until the economy breaks. Thenegative feedback loop, that we pointed to yesterday as potentially the only thing to stall a magnanimously academic response to the insolvency we see around the world (and the need for deleveraging at this end of the debt super-cycle), of oil prices into the real economy will be devastating not just for US but for EM economies, though as the bearded-Burbank reminds us - Saudi benefits greatly (and suggests ways to trade this perspective). Flat consumer incomes while costs are rising is never a good thing and while we make new highs in oil in terms of EURs and GBPs, he warns we may soon in USDs also. Summing up, his perspective is rising tensions in the Middle East combined with central bank liquidity provision are a huge concern: "We're actually quite bearish. The only reason all this liquidity is coming into the market is because things are really bad. It's not because things are good. It's hard to know where things are going to go. The point is, just because they're putting liquidity in the market doesn't mean the economy is improving."

Thursday, February 23, 2012

Syria to be liberated by NATO? Big bad Gaddafi, oops I mean Assad must go!

Blogmans' Notes:

The Powers that be (PTB) are Hell bent, rather their will is being bent by the powers of Hell to bring Hell to the surface of our planet. In the past 70 years, the PTB have destroyed most of Europe, Russia, Japan, China, Korea, Vietnam, Cambodia, Laos, a large part of Central and South America, half of Africa, Lebanon, Afghanistan, Iraq, Pakistan, Mexico, and Libya. These are by no means all the nations and regions that have had the benefit of liberation by the good guys. In the process some hundreds of millions of people have been liberated from the curse of being alive (I suppose death is a form of liberation, at least in the view of the PTB), and billions have been made destitute, billions have lost their homes and been driven from their homeland. It would seem that Syria and Iran are next in line for liberation, the only question is how many more will lie in the dust by the time the dust settles?

Those who think that the Bible is only an allegory and not factual should perhaps move to Syria or Iran and experience firsthand the joys of being liberated, of being Democratized by the West. The Iraqis and the Libyans may concur with Revelation 6:8 that the riders that rode into their world were not knights in shining armor, rather they were clad in Armor that transformed their world from Heaven to Hell.

Revelation 6:8 And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him. And power was given unto them over the fourth part of the earth, to kill with sword, and with hunger, and with death, and with the beasts of the earth.

When you are sitting down to eat your evening meal and 500 lb. bombs rain down on the dinner table, that is Death not Democracy; when your liberators leave a barren wasteland behind so that even the basic necessities become luxuries, that is Hell not Liberation! This idea of Liberation by bombs is so twisted that it could arise only from the pit of Hell, from Satan, the god of the PTB, the one whom they serve and constantly feed with flesh and blood! Satan knows where he is headed and the rulers of this world will join him there soon enough. Wait and See! And if you think you will escape just because you are not the one pulling the triggers, you are sadly mistaken! You are just as guilty as the bomb droppers because you hide behind the mask of helplessness, what can we do about it is your excuse! You can stand up and announce to the world what is being done by their leaders in their name! If you just serve your own selfish little interests, be warned! You will lose that very life you so seek to preserve! 

Revelation 20:10 And the devil that deceived them was cast into the lake of fire and brimstone, where the beast and the false prophet are, and shall be tormented day and night for ever and ever.

Luke 17:33 Whosoever shall seek to save his life shall lose it; and whosoever shall lose his life shall preserve it.

In this life, your life is over already - we are all walking dead, why not use it to stand up and be counted for God? Then you will find Life, life that no one will ever be able to take from you!

Wednesday, February 22, 2012

MF Global - Steal customers money and leave them with the tax bill!

Blogman's Notes:

In the upside down world of modern day investing, brokerages are free to steal from their clients and leave them holding the bag and responsible for paying taxes on money that was stolen from them, which they may never recover. Who you gonna call, your broker? your Senator? the tax man? No, just shut up an pay up, there is no place to turn.

MF Global failure creates tax crunch for farmers

(Reuters) - With the tax man breathing down his neck, Ohio farmer Tony Rohrs is scrambling to figure out how much money he made last year in an account at MF Global.
Thousands of former clients of the failed brokerage, including farmers, cattle ranchers and investors, have not yet received tax forms that detail their profits and losses, preventing them from preparing accurate returns for the Internal Revenue Service ahead of a rapidly approaching deadline.
"I'm running out of time," said Rohrs, who faces a March 1 filing deadline like many farmers.
The collapse of MF Global, which had a large group of agricultural clients, has produced one financial frustration after another for former customers who still have not been fully reimbursed for hundreds of millions of dollars that were frozen in their accounts as a result of the firm's October 31 bankruptcy.

Tuesday, February 21, 2012

Greece default drama now a Homerian Odyssey; Hungary sells out to bankers!

Blogman’s Notes:

At this rate, Greece’s debt drama may last 20 years like Odysseus’ odyssey. By then there will not be much of Greece left to speak of, and what the Trojans failed to do will have been accomplished by modern day bankers in driving the Greek people out of their beautiful isles to seek greener pastures elsewhere. What has been apparent to anyone with even a rudimentary understanding of the modern debt based financial system is that Greece was never NOT going to default. How come all the ‘Experts’ and ‘Bankers’ that deal in hundreds of billions, even trillions were unable to see this till now; till after the nation of Greece and the Greek Middle Classes have been decimated? Or was that the plan all along – to destroy the nation by imposing ruthless Austerity that could never have worked? In the process, the idea of representational government has been left by the wayside and technocrats (who are Banker errand boys in reality have been appointed as leaders of the nation to do the bidding of their masters in Brussels and other major banking centres of Europe and America.

Sovereignty is dead, long live Tyranny! One down, the rest of the world to follow! Some nations like Hungary have keeled over and hander their sovereignty on a platter to the Banksters, without one word of protest in Budapest. Shame on the Hungarians, at least the Greek people have shown some backbone in standing up to the Troika – the triumvirate of evil, the EU, the ECB and the IMF!
 From The TelegraphUK: 

 Plans for Greece to default, potentially leaving the euro, have been drafted in Germany as the European Union begins to face up to the fact that Greek debt is spiraling out of control - with or without a second bailout.

(Xinhua15:58, February 21, 2012

BUDAPEST, Feb. 20 (Xinhua) -- The Hungarian parliament voted on Monday toapprove Hungary's support to the new European Union (EU) fiscal pact aiming toimpose tougher fiscal discipline.
The final version of the pact, the details of which were ironed out in January at asummit of national leaders, is expected to be signed in the first days of March at ameeting of the European Council.

This so-called ‘FISCAL PACT’ is nothing more than the government of a Sovereign nation giving up its independence to govern as per the best interests of the nation and the people. Hungary will now be ruled by unelected bureaucrats from Brussels, who will be working in the interests of the banking priesthood, not that of the Hungarian people. Europe is being conquered without any armies marching across any borders but when the people on the ground are assaulted by the full impact of ‘TOUGHER FISCAL DISCIPLINE’, then the time for marching armies will also come.

Monday, February 20, 2012

Economic News Update - Video Report Feb. 20, 2012

From: DeshpalSandhu  | Feb 20, 2012  | 24 views
A great article was published on today.

It's a long article titled: Bob Janjuah: "Markets Are So Rigged By Policy Makers That I Have No Meaningful Insights To Offer"

I think the title pretty much says it all. Like many of us who have been closely watching the Economic conditions in the world for a long time, and particularly since the ongoing Economic Crisis began in 2007, Bob Janujah, a seasoned investor and Money manager is frustrated by the rigging of markets by Financial authorities for the benefit of elitist insiders. Like many of us, Bob concludes that just as we cannot change the laws of the Cosmos and have the Sun rise in the West tomorrow; neither can Central bankers or politicians change the laws of Economics and have 2+2=5, or in the case of the Fed and the ECB, have 2+2 add up to trillions. The longer the game continues, the more severe will be the repercussions for the whole world. (less info)

Sunday, February 19, 2012

Will War in Middle East involve Russia, and will it be a Nuclear War?

Blogman's Notes:

As if the world is not insane enough, the insanity is being ratcheted up as Russia now threatens a Nuclear response if its interests are threatened in the Middle East. The one constant about man is that man is completely insane, a race of  psychopathic mass murders. If anyone has any doubts about the nature of man, perhaps they should pick up a history book and read; the pages of history are colored red with blood shed from the blood of Abel to countless billions murdered at the hands of their brothers through the centuries. Thankfully the Prince of Peace will return one day, possibly in the near future, and will destroy forever the prince of Darkness who currently rules this insane, bloodthirsty world!

Isaiah 9:6
For unto us a child is born, unto us a son is given: and the government shall be upon his shoulder: and his name shall be called Wonderful, Counsellor, The mighty God, The everlasting Father, The Prince of Peace.

Micah 4:3
And he shall judge among many people, and rebuke strong nations afar off; and they shall beat their swords into plowshares, and their spears into pruninghooks: nation shall not lift up a sword against nation, neither shall they learn war any more.

Russia Would Use Nukes to Stave Off Threats - General Staff

Russia would use nuclear weapons in response to any imminent threat to its national security, Chief of the Russian General Staff Gen. Nikolai Makarov said on Wednesday.
“We are certainly not planning to fight against the whole of NATO,” Makarov said in an interview with the Ekho Moskvy radio, “but if there is a threat to the integrity of the Russian Federation, we have the right to use nuclear weapons, and we will.”
The general said Russia’s nuclear deterrent is the cornerstone of strategic stability and serious efforts are being taken by the Russian government to modernize the country’s nuclear triad.
The Russian Defense ministry is planning to acquire at least 10 Borey class strategic nuclear submarines, thoroughly modernize its fleet of Tu-160 Blackjack and Tu-95 Bear strategic bombers, and equip its Strategic Missile Forces with formidable Yars mobile ballistic missile systems.

So much for the Cold War being over!
Russian military drafts options for responding to attack on Iran

Saturday, February 18, 2012

Drums of War with Iran beating louder! Gulf of Tonkin (Hormuz) coming?

Blogman's Notes:

The US Navy fearing small Iranian boats is the equivalent of a Great White Shark fearing a goldfish in fish bowl. With satellites that can track any person on the planet, that can even track ants on the ground, the idea that the US Navy has to fear an Iranian boat or ship or submarine is laughable at best. The same script is now being replayed in the Gulf or Hormuz as was played out in the Gulf of Tonkin almost 50 years ago. The Gulf of Tonkin incidents that launched the Vietnam War were proven to be false yet lead to wars that that lead to the deaths of over 50,000 Americans, over 2 million Vietnamese, and over 2 million Cambodians (I personally knew a Cambodian doctor who lost 6 kids and his wife under Pol Pot who was able to mass murder 2 million plus of his people as a direct result of the Vietnam / Cambodia war). In war there is no fog, although the Powers that be always claims that there is; no, evil men sit around and plan wars without reason that will kill millions (billions in our day), many times the reasons provided, as in the case of the Vietnam war and the Iraq war are demonstrably false. Yes, mass murderers run this world, though they fancy themselves to be conquerors.

Kill one man, and you are a murderer. Kill millions of men, and you are a conqueror. 
Josef V. Stalin; "A single death is a tragedy, a million deaths is a statistic"

Secretary of Defense, Robert McNamara (later World Bank President – how appropriate: both positions held by murderous power hungry, evil, genocidal, merciless men) admits that reports on the second Gulf of Tonkin incident that led to the Vietnam War were false. Is history now repeating itself in the Gulf of Hormuz that will lead to a much bigger war, even World War III. 

U.S. Navy fears small Iranian boats

(Reuters) - Nerves were strained as an Iranian patrol boat approached the USS Abraham Lincoln at speed.

A helicopter escort hovered above the vessel in a warning not to get any closer, and the grey boat, tiny compared to the massive U.S. aircraft carrier, eventually turned around.

The encounter involving U.S. and Iranian boats, common in recent weeks, underscores rising tensions in the Gulf region between rival powers since Tehran threatened to close the Hormuz Strait, the world's most important oil shipping waterway, over Western moves to ban Iranian crude exports.

U.S. and Iranian warships shadow each other as they ply the Gulf in a standoff over Iran's nuclear program the West fears is aimed at producing an atomic weapon. Many fear any incident could trigger a war.
Maybe that is what is desired by the men with the big guns and big ships and big planes and big bombs, a REALLY BIG WAR!!!

Friday, February 17, 2012

Notable News Headlines for Feb. 17, 2012

Blogman’s Notes:

Greece remains in the headlines as do Syria and Iran. Seems to me that everyday we draw closer to the time of the fulfillment of the prophecies of Global Wars and rumors of wars, and of plagues, pestilences, earthquakes, famines and Economic catastrophes destroying the world on a scale never before seen in history. 

This report about the Vatican being required to pay taxes is interesting but ultimately a smokescreen, in my estimation. The Vatican is one of the richest and most powerful corporations in the world. Although the media portrays Islam as the most radical religion in the world, history proves beyond a shadow of a doubt that the most radical religion that the world has ever know is Roman Catholicism. By disguising the religion as Christianity, the masses have been fooled for almost 2000 years into worshiping Satan as God. All organized religions are Satanic but none more so than the Roman Catholic religion, which is an amalgamation of Egyptian sorcery and Talmudic Judaism. It is the most organized body on the face of the Earth, with over a billion adherents that pledge fealty, both spiritual and financial, to Rome. People that pledge allegiance to Rome are in the highest positions of power in religion, politics, banking, business, education and military. It is through these people that Rome controls the world and is therefore MYSTERY, BABYLON THE GREAT of the book of Revelation. Every Pope is an Antichrist and The Antichrist, the beast ruler of the world that has been prophesied to come will most like be a Pope sitting on the so-called seat of St. Peter, which in fact is the Synagogue of Satan. This is the reason why every manner of abomination has been found in the Roman Catholic church from pedophilia to murder to financial corruption and more. Consider the following quote from the News report below and think: Are these the actions of men of God, that they are openly ate war with each other for the sake of money and power? "It's now complete war inside the Vatican," said Robert Mickens, The Tablet's Rome correspondent, who has 20 years' experience of reporting on the Vatican. "Things are falling apart." 

Rome and the Roman Catholic religion will play a vital role in the fulfillment of End of the World prophecies (as will Islam). Islam, however, is nowhere near as organized or lead by a central body as Rome, so do not for a minute believe that this is a benign organization, it is the mortal enemy of True Christians, of people who have faith in Christ, and in God. True Christians have suffered far more persecution at the hands of Rome than from all other sources combined, including Islam. Be ready, for such persecution as seen in the Dark and Middle ages, will once again sweep the Globe and it will stem from Rome, not from Mecca, though it may be blamed on Mecca.

After several years of scandal in which the Catholic Church has faced allegations of financial impropriety, paedophile priests and rumours of plots to kill the Pope, the Vatican is now facing a new €600m-a-year tax bill as Rome seeks to head off European Commission censure over controversial property tax breaks enjoyed by the Church.

Thursday, February 16, 2012

Newsworthy Economic Headlines for Feb. 16, 2012

Blogman’s Notes:

We are living in historical times but as has happened in the past, few people living through momentous historical times actually realize what is going on in their world until they feel the full force and brunt of the consequences of the events that they were oblivious to, even as they were happening. The Economic / Political / Geophysical face of our world is set to undergo dramatic and historic changes, and not for the better for the majority yet the masses remain sedated on TV entertainment and Sports. The sedation will wear off one day but by then it will be too late for the majority.

Greece is bailed out, Greece is not bailed out! This drama that has been ongoing for over 2 years now has become a farce. As the following report reveals, a deal announced today will be dead tomorrow. Are all the players in this game totally incompetent Keystone Cops or are they just pretending to play the game, knowing full well the outcome of the game: A complete and total 100% Greek Debt Default that will shake the Global Financial / Banking System to its knees! 

Greece said that Europe’s wealthier countries are “playing with fire” by toying with the idea of expelling it from the 17-nation euro area as talks over a second aid program ran into new obstacles.
Finance Minister Evangelos Venizelos leveled the accusation after a decision slated for tonight on aid totaling 130 billion euros ($171 billion) was postponed until at least Feb. 20 and possibly until after a full-time Greek government emerges from elections later in the year.

 Europe is on the wrong path because its prescription for the sovereign debt crisis, so-called expansionary fiscal consolidation, is a failed economic paradigm. The thinking has been that sacking government workers and cutting government spending would eliminate the budget deficit in countries like Greece and Portugal and, therefore, restore market confidence in their sovereign debt. The reality has turned out to be quite a bit different. Instead of reduced debt loads, we are witnessing higher government debt burdens as the reduced economic output from cutting government is met with cuts in the private sector. If Europe continues on this path, the euro zone will break apart entirely with unpredictable political and economic repercussions.

Wednesday, February 15, 2012

Nigel Farage: Globalist Troika Driving Greece Towards Violent Revolution

Blogman's Notes:

On this blog I have spent a considerable amount of time the last few weeks discussing the Greece meltdown story which in my estimation is a bigger story than Syria / Iran and World War 3. The Economic collapse of Greece is a harbinger of things to come for the whole world. The rapidly deteriorating Economic conditions in Greece spell the end of Greece as it presently exists; by extension the collapse of the Global Economic System will spell the end of the World as we know it at present.