The Elite Keeps All Of Humanity In Perpetual Fear

The Elite keeps all of humanity in perpetual fear. Fear of war. Fear of money. Fear of politics. Fear of status. Fear of looking stupid. Fear of being different. Fear of not being good enough. Fear of losing your soul. Fear of whatever. They keep us in fear, because only then, can we easily controlled.

There are two important elements to free your mind from this trap and live life fearless. Number one is education. I have seen a lot of fearless people who have no clue, so education is important. The Elite will teach us sex education, drug education, death education and political correctness in 3rd, 4th, and 5th grade. But they will not teach you how our money works or what the founding fathers fought for. This institutional ignorance is done to keep your head down so you are easily controlled. They do such a good job of it in school that you eventually keep yourself down.

You don’t really fear war, markets, or anything else as much as you fear the unknown. Think about horror movies. You are not really scared of the bad guy, the blood, or screams. You are really scared because you don’t know what is going to happen and it looks so real to you. Usually after you watch the even most scary movie more than once, the fear wears off. You can then view the movie again a little more rationally. What if you went even further into the movie, and saw a documentary on the movie. There you can see how it was created and all of the effects used to make the horror movie. I bet you would might even laugh at the scary movie because you knew the whole story and saw how really fake it really is.

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Radiation Jet Stream Throughout The World

Click HERE and watch the radiation jet stream. Make sure you hit the play button on the left bottom of the screen. Frightening! Feel safe NOW?  Comments?

Radioactive Iodine-131 in Rainwater Sample Near San Francisco was 18,100% above Federal Drinking Water Standard

Mankind Doom: Radiation May Be Leaking Continuously Into Sea-4,385 Times More Than The Legal Limit

TOKYO, March 31 (Reuters) - The consistently high levels of radiation found in the sea outside Japan's tsunami-damaged nuclear plant complex may mean that radiation is leaking out continuously, Japan's nuclear watchdog said on Thursday.
"That is a possibility," Nuclear and Industrial Safety Agency Deputy Director-General Hidehiko Nishiyama told a news conference when asked if there was continuous contamination of the sea.
He added that regulators and engineers did not know where the leaks may be.

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Wal-Mart CEO Bill Simon Expects SERIOUS Inflation

KFC, Taco Bell and Pizza Hut Restaurants in Canada-Bankrupt

Garden As If Your Life Depended On It, Because It Does

Fukushima nuclear plant workers 'expect to die' after clean-up

Get Ready For A New Currency

There is a lot of talk about the dollar losing it’s global reserve currency status and what is to replace it. A global reserve currency is a very privileged status that makes our paper fiat dollars the king of all currencies. The dollar represents the currency of the most powerful empire in the world. This dollar allows every nation access into the largest, deepest, and presumably safest markets in the world.
It is also the only currency to be used to buy the most vital resource in the world, oil. Through the London and New York markets, countries all over the world, are forced to keep dollars to buy oil from these banking houses. As a result of this unique status, countries also settle bilateral trade with each other with our dollars. So trade between countries like Venezuela and  Norway are not settled in Bolivars and Kroner, they are settled in dollars.

This unique status of the dollar is starting to fall apart and the Elite know it. Iran is now selling oil in any currency at the Iranian Oil Bourse in Kish Iran. (This is the real reason why there is a push for war with Iran.) This passive aggressive assault on the dollar has given the chance for other countries to question why they need the dollar at all. Especially when these dollars implicitly funds the aggressive American Empire. Countries like China and Russia have dropped the dollar from their bilateral trade. Japan may no longer see any reason to buy US dollars in the treasury markets, as they try to rebuild their economy after the triple disaster they are now facing.

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Jim Sinclair: Buy A Hobby Farm Now

My Dear Friends,
Truth be told, the major theme of JSMineset has been one of self reliance in a monetary, physical and Emersonian sense. Our focus has been on your assets, your debt positions, legal matters and investment.
I have, with my dear friends here at JSMineset, tried to share what we know with you. We also pride ourselves in that we not only talk the talk, but also walk the walk.
Has Trader Dan not moved from Houston to an undisclosed location in Idaho? I am writing to you from a farm in North Western Connecticut, a rural part of the state. We provide our own water, can provide our own power, have a radio system fallback for communication, satellite phones, furnaces that burn coal or oil, an indoor pistol range that can take up to .50 calibre cartridges into a Detroit bullet trap, perimeter lighting, 16 camera day and night camera security and much more.
We have focused on conservative financial structures which were in truth taking you into the position of being your own central bank.
I have received from many people on my 70th birthday greetings plus small letters telling me how they have benefited from this link. Let me mention but two. A lady in the minerals industry lost her job and is the mother of two children and only bread winner in the house. She had very little money, but saved up a nest egg. She admits she did speculate but used the Angels. She now has $2,000,000 and has finished her period of speculation.
Chris from Canada told me that his portfolio, now mostly fully paid gold and silver, is worth $5,000,000. It was nowhere near that when he started.
Every effort here was to make you your own central bank which resulted in financial self reliance for many.
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QE 3 Coming Gold And Silver To Soar!

March 30 2011: 
A new round of quantitative easing is on the way, Japan works to rebuild, Fed intervention in the currency markets, commodity costs move higher, Portugal in trouble, Fed doesnt help by lending to poor risks, cel networks spying, Enron investigations capped off with a fnal conviction.
In today’s world there is always plenty to write about and today is no exception.
As far as we are concerned QE3 is on the way accompanied by almost zero official interest rates. QE1 was to bail out the financial sectors in the US and Europe and QE2 was to bail out US government debt. That is why the Fed has purchased 70% to 80% of Treasuries. Previous debt and the $1.6 trillion of new debt created this year means someone has to buy that debt and there are very few buyers. That means the Fed has to buy most of paper with funds created out of thin air in this monetization process. Those tremendous amounts of funds will most certainly increase inflation. This policy is never ending unless default becomes inevitable. That is why money and credit has to be created indefinitely until hyperinflation occurs and the system eventually collapses. It is no surprise then along with economic, financial, social and political instability that there has been a steady movement into gold and silver related assets and commodities. As long as stimulus of one form or another continues to be used the problems won’t be solved and these investment vehicles will move higher and higher. Every time money and credit are created with no collateralized backing, such as gold and silver, the value of these aggregates in circulation falls, and such an endless cycle guarantees the demise of the currency and the rising value of gold and silver.
Recent tragic events in Japan has brought some unexpected developments, which for the time being could lift the economy from depression at least on a temporary basis. Funds committed aggregate just under $1 trillion not the official $309 billion. We believe the funds could be raised initially in the following way: $300 billion from the postal savings plan; $300 billion from yen bonds sold in the international market and $300 billion from the liquidation of US government and other US dollar denominated securities. That is for cleanup and infrastructure. Then Japanese insurance companies, as well as foreign insurers, have to raise billions more to pay off the insured.

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Japan Medical Facilities: No Treatement Without Being Certified Radiation Free

Low Levels Of Radiation Found In US Milk..Don't Worry?

True Toll of Deepwater Disaster May Be 50 Times Worse Than Thought

The recorded impact of the Gulf of Mexico oil spill on wildlife may have severely underestimated the number of deaths of whales and dolphins, according to a new report.

The Deepwater Horizon disaster of 2010 devastated the Gulf region ecologically and economically. However, a new study published in Conservation Letters reveals that the true impact of the disaster on wildlife may be gravely underestimated. The study argues that fatality figures based on the number of recovered animal carcasses will not give a true death toll, which may be 50 times higher than believed.
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When the Fukushima Meltdown Hits Groundwater

By Dr. Tom Burnett

Fukushima is going to dwarf Chenobyl. The Japanese government has had a level 7 nuclear disaster going for almost a week but won’t admit it.

The disaster is occurring the opposite way than Chernobyl, which exploded and stopped the reaction. At Fukushima, the reactions are getting worse. I suspect three nuclear piles are in meltdown and we will probably get some of it.

If reactor 3 is in meltdown,  the concrete under the containment looks like lava. But Fukushima is not far off the water table. When that molten mass of self-sustaining nuclear material gets to the water table it won’t simply cool down. It will explode – not a nuclear explosion, but probably enough to involve the rest of the reactors and fuel rods at the facility.

Pouring concrete on a critical reactor makes no sense – it will simply explode and release more radioactive particulate matter. The concrete will melt and the problem will get worse. Chernobyl was different – a critical reactor exploded and stopped the reaction. At Fukushima, the reactor cores are still melting down. The ONLY way to stop that is to detonate a ~10 kiloton fission device inside each reactor containment vessel and hope to vaporize the cores. That’s probably a bad solution.

A nuclear meltdown is a self-sustaining reaction. Nothing can stop it except stopping the reaction. And that would require a nuclear weapon. In fact, it would require one in each containment vessel to merely stop what is going on now. But it will be messy.

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Europe Whispers “Crisis” While the Market Continues Screaming

Radiation In Israel

Utah: Forget dollars. How about gold?

Gather 'round, gold standard enthusiasts.
There is a new law in the state of Utah that might be of interest.

The Beehive State has a new measure on the books that eliminates state taxes on the exchange of gold and silver coins and directs the legislature to study an "alternative form of legal tender."

The law, signed by Gov. Gary Herbert last week, also recognizes gold and silver coins issued by the federal government as legal tender in the state.

Of course, they already are. But people use them as investments, not pocket change.

The big legal change in Utah is that the state tax code now treats gold and silver coins -- issued by the U.S. Mint -- as currency rather than an asset. That means no capital gains or other state taxes will be levied when the coins are exchanged.

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Entire U.S. Covered In Radiation?

CONCORD, N.H. — Health officials say tests have detected low levels of radioactivity from a stricken Japanese nuclear plant in snow samples in New Hampshire and air samples in Maine.
Health officials say the levels do not pose a threat to public health.
Dr. Josi Montero of the New Hampshire Department of Health and Human Services says the amount of radiation detected in snow in Concord is at least 25 times below the level of concern, even for infants and pregnant women.Dr. Stephen Sears, acting director of Maine’s Center for Disease Control, told WMTW-TV that the level of radioactive iodine detected in air samples in Kittery, Augusta and Orono was much lower than naturally occurring radiation, which is found in sunlight and radon.

Vermont is expected to have test results by Tuesday.

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Radioactive Iodine-131 levels in PA & MA rainwater “exceed maximum contaminant level permitted in drinking water”

EPA plans to boost radioactivity safety limits up to 100,000-fold increase

 

How Big is The Federal Budget Disaster?

The devastating images from Japan are seared into our collective memory. With 10, 901 dead and another 17, 038 still missing, the human toll is almost beyond comprehension. The 9.0 magnitude earthquake and resulting tsunami that ravaged Japan has become the most expensive natural disaster in recorded history.

From Fox News:

Japan's Cabinet Office on Wednesday estimated the catastrophe...could cause losses between 16 trillion yen ($198 billion) and 25 trillion yen ($309 billion). That figure compares with estimates from the World Bank and Goldman Sachs for losses of $235 billion and $200 billion, respectively.

The $309 billion price tag would make Japan's earthquake the costliest on record, surpassing the $125 billion that the Insurance Information Institute estimates Hurricane Katrina cost the Gulf coast in 2005. It would also top the $100 billion in damage caused by the 1995 Kobe quake in Japan.

Uh... hold on a minute. Something seems wrong with these numbers.  Do I understand this correctly; all those coastal cities and towns that were leveled, the tens of thousands of cars and homes that were pulverized, all the stores, shops, factories, warehouses, schools, freeways, roads, ships, aircraft, trains, port facilities and infrastructure reduced to rubble and it will only cost as much as US Federal deficit for a couple of months?

First a quick look at the Congressional Budget Office report for February, 2011. Two sentences stand out.

[The] CBO estimates that the deficit in February 2011 was $223 billion, which is very similar to the deficit recorded in February 2010.

[The] CBO estimates that the federal government incurred a budget deficit of $642 billion for the first five months of fiscal year 2011, $10 billion less than the shortfall recorded in the same period last year.

Shocking and inconceivable, how else to describe the monumental scale of the Federal deficit as measured by the devastation from Japan? Hundred of billions of dollars each month, the accumulated treasure of great empire is being hemorrhaged into oblivion, without purpose, thought or rationality. Why would anyone spend a nation into more debt then could ever be repaid? The GOP House is far too complacent, eager only to symbolically nibble at the edges of this crushing burden. Meanwhile our Socialist Administration, content to bleed this nation into second-class status, gleefully ticks off each day that brings our nation $4.1 billion dollars closer to insolvency, instability and the end of our Constitutional Republic. 

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Obama: We Want ILLEGALS To Succeed?

On Monday, post-American President Obama appeared on the Spanish network Univision to chat and take questions from non-reporters. (I can’t remember the last time he had a town hall with Americans in English.)
Unsurprisingly, the subjects were illegal immigration and amnesty. In answer to a question about deporting illegal alien students, Obama replied, “We want them to succeed.”
It would be nice if the President was more concerned that American citizens succeed — like having jobs and such.
Anyway, why can’t young people succeed in the countries of their birth? It’s arrogant to believe that a fulfilling life can only be lived in the United States.
In addition, a recent study from the Migration Policy Institute found that an estimated 1.2 million college-educated immigrants in the United States were unemployed, while another 350,000 were unemployed.
At least the President understands that his power does not extend to overturning immigration laws passed by the Congress
Obama says he can’t order halt to deportations, Fox News, March 29, 2011
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Home Prices Falling in Most Major US cities

Global Shipping Industry the Latest Casualty of Japans Nuclear Disaster

Vanishing act by Japanese executive during nuclear crisis raises questions

Scariest Chart Ever

This is a chart of the US monetary base. In simple terms, it charts how much money the Fed has pumped into the system (at least that it admits). So it’s a kind of visual of the Fed hitting the PANIC button: when the monetary base explodes higher, the Fed is FREAKING out.
You’ll note that during the Financial Crisis the Fed didn’t do much until the autumn of 2008 when it pumped nearly $1 trillion into the system. Think about that, the Fed didn’t go nuts pumping money until the stuff REALLY hit the fan.
You’ll also note that there’s only one other time when the monetary base went absolutely vertical: TODAY.
Indeed, the Fed has pumped nearly $500 billion into the system since the start of 2011. Don’t even try to tell me this is QE 2. If it was then the monetary base should have spiked in late 2010, NOT in 2011.
No, this is the Fed FREAKING OUT about the financial system again. And it’s a freak out on par with 2008.
So if you think that all is well "behind the scenes" you’re in for a rude surprise. Something BIG is going down and it’s NOT good.
And rest assured, by the time the mainstream media announces what it is, it will already be in full swing.
Mark W. Kellstrom, CFA
Strategic Energy Research and Capital, LLC
Kellstrom@Strategicenergyresearch.com
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Cost Of Libyan War For One Week: 600 Million

One week after an international military coalition intervened in Libya, the cost to U.S. taxpayers has reached at least $600 million, according figures provided by the Pentagon.

U.S. ships and submarines in the Mediterranean have unleashed at least 191 Tomahawk cruise missiles from their arsenals to the tune of $268.8 million, the Pentagon said.

U.S. warplanes have dropped 455 precision guided bombs, costing tens of thousands of dollars each.

A downed Air Force F-15E fighter jet will cost more than $60 million to replace.

And operation of the war craft, guzzling ever-expensive fuel to maintain their positions off the Libyan coast and in the skies above, could reach millions of dollars a week, experts say.
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Rainwater Across Entire US Contanimated With Japan Nuclear Radiation

Radiation In Massachusetts Rainwater Likely From Japan..
BOSTON — Health officials said Sunday that one sample of Massachusetts rainwater has registered very low concentrations of radiation, most likely from the Japanese nuclear power plant damaged earlier this month by an earthquake and tsunami.

John Auerbach, the Massachusetts commissioner of public health, said that radioiodine-131 found in the sample – one of more than 100 that have been taken around the country – has a short life of only eight days. He said the drinking water supply in the state was unaffected and officials do not expect any health concerns.

Before I continue with more from the article, are you serious Mr, John Auerbach? You mean to tell me that Radioactive iodine is being found in the rainwater yet the drinking water is unaffected? Who, just WHO!? in their right mind is seriously going to believe that? Our drinking water comes from the rainwater. WOW!!!! Doublespeak at it’s finest.

And what in the world has happened to objective journalism? An official says something that is totally nonsensical and it is printed and echoed to every news outlet in the country without even being questioned for validity.

Continuing on…
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Radioactive Seaweed found in Vancouver, Canada

Radiation From Japan Detected In Florida, North And South Carolina

Radiation Found In Ohio

Radiation Found In California, Alaska, Alabama, Hawaii, Idaho, Nevada, Pennsylvania..Mass.

Working For Free: Slave Labor Here In America

SUPPORT WIKILEAKS

- With nearly 14 million unemployed workers in America, many have gotten so
desperate that they're willing to work for free. While some businesses are wary of the legal risks and supervision such an arrangement might require, companies that have used free workers say it can pay off when done right.
"People who work for free are far hungrier than anybody who has a salary, so they're going to outperform, they're going to try to please, they're going to be creative," says Kelly Fallis, chief executive of Remote Stylist, a Toronto and New York-based startup that provides Web-based interior design services. "From a cost savings perspective, to get something off the ground, it's huge. Especially if you're a small business."
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Tell Your Lawmakers: Shut Down The New Debtors' Prisons

Worse Than Chernobyl and No End In Site

Statement is at 3:00 Mark

Radiation Found in Massachusetts Rainwater

SECRET LIST OF THOSE TRAVELING WITH OBAMA TO BRAZIL

Obama: No Marines In Libya?

WCTI-TV in New Bern reports those Marines, assigned to the 26th Marine Expeditionary Unit (MEU) at Camp Lejuene, are "preserving the sanctity of the city [of Ajdubiyah] and the safety of the civilians within it."

Capt. Timothy Patrick with the 26th MEU told the station: "In Libya right now they are doing exactly what we need them to do. They are doing what they are told, and right now that's protecting Libyan people against Qadhafi forces."

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19 Facts About The Deindustrialization Of America

So what happens when the debt bubble pops?
The deindustrialization of the United States should be a top concern for every man, woman and child in the country. But sadly, most Americans do not have any idea what is going on around them.
For people like that, take this article and print it out and hand it to them. Perhaps what they will read below will shock them badly enough to awaken them from their slumber.
The following are 19 facts about the deindustrialization of America that will blow your mind….
#1 The United States has lost approximately 42,000 factories since 2001.
#2 Dell Inc., one of America’s largest manufacturers of computers, has announced plans to dramatically expand its operations in China with an investment of over $100 billion over the next decade.
#3 Dell has announced that it will be closing its last large U.S. manufacturing facility in Winston-Salem, North Carolina in November. Approximately 900 jobs will be lost.
#4 In 2008, 1.2 billion cellphones were sold worldwide. So how many of them were manufactured inside the United States? ZeroZero.
#5 According to a new study conducted by the Economic Policy Institute, if the U.S. trade deficit with China continues to increase at its current rate, the U.S. economy will lose over half a million jobs this year alone.
#6 As of the end of July, the U.S. trade deficit with China had risen 18 percent compared to the same time period a year ago.
#7 The United States has lost a total of about5.5 million manufacturing jobs since October 2000.
#8 According to Tax Notes, between 1999 and 2008 employment at the foreign affiliates of U.S. parent companies increased an astounding 30 percent to 10.1 million. During that exact same time period, U.S. employment at American multinational corporations declined 8 percent to 21.1 million.
#9 In 1959, manufacturing represented 28 percent of U.S. economic output. In 2008, it represented 11.5 percent.
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Government Cuts: UK Riots 

UAW Plans Suicide Bombing of Economy

On a day that Toyota has announced plans for a possible shutdown in the US because of supply problems in Japan, the United Auto Workers said that they are on the verge of the "largest boycott in the history of the global economy," according to the Michigan's Royal Oak Daily Tribune. The UAW is organizing the boycott to protest the refusal of transnational automakers to unionize employees in the US.

The head of the union, Bob King, has admitted that declining union membership rolls means that if the UAW doesn't "organize these transnationals, I don't think there's a long-term future for the UAW — I really don't."

He's given foreign automakers including BMW, Volkswagen AG, Toyota and Nissan an offer they can't refuse: Unionize their workers or else he'll single out one automaker and put the screws to them with a boycott. Never mind that the boycott will hurt workers, consumers and the economy.

“This will be the biggest campaign ever undertaken. It will involve hundreds of dealerships,” said Dennis Williams, UAW Secretary Treasurer, adding the union will ask for help from its retirees, community groups and other unions to help with the campaign, says the Tribune.

“We will do whatever it takes,” said Williams.

Toyota alone has about 25,000 workers in the US. During supply shutdowns Toyota has a policy in place to to continue to pay workers.  
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GE Makes Billions Overseas, Pays 0 Taxes

Martin Armstrong: Gold To $12,500

Martin Armstrong just wrote a paper on gold titled, "How and When." My response to this article is why?
Why in the world, if you believe that the gold price can go to $5000 and $12,500, as the article says, do you give a damn about the next 90 days?
You must realize that the economic and political damage is already done.
You must realize that the mountain of OTC derivative paper is not going away.
You must realize that all the old legacy assets (broken OTC derivatives) demand to be adjusted at each market turn in order to maintain any semblance that they are serious contracts.
You must realize that this adjustment means adding on new OTC derivatives.
You must realize that this means the mountain of OTC derivative weapons of mass financial destruction can only grow.
You must realize that it is not whether or not QE will continue, it is what it already has done to the Western economies that much higher gold prices will reflect.
You must realize this is not a business problem, but rather a debt problem as it applies to the gold price.
You must realize the monumental change in the Middle East is NOT positive for the West in any manner, shape or form.
You must realize that the change in the Middle East is from some form of government to chaos.
You must realize that the beneficiaries of chaos in the Middle East are Iran and Russia.
You must realize that the main product of the establishment of a no fly zone in Libya is to benefit the Rebels.
You must realize that the rebels are an unknown factor in Libya.
You must realize that a second product of the no fly zone is greater hatred in the Middle East for all things West.
You must realize that the peak production of energy is behind us.
You must realize that the production of energy in chaos will be less than under some form of rule.
You must realize that this combination of monumental Middle East change and peak oil means peak oil is no longer a consideration 10 to 15 years from now, it is now.
You must realize that the Angels (gold prices) are not simple talk but rather a method used by the great market maven, Jesse Livermore.
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The wrecked General Electric nuclear reactors contained enough radioactive, highly poisonous fuel to kill every person on Earth about 10 times.   

Glitches hamper radiation warning system in California

How Likely is QE-Three?

...or, “Is That Your Retirement Account You’re Holding On To So Tightly? Or Are You Just Happy To See Me?” Said The Man From The Government) So back in September 2008—in the throes of the Global Financial Crisis—the Federal Reserve under its chairman, Ben Bernanke, unleashed what was then known as “Quantitative Easing”.

Sure: It’s fine when they do it to Saddam—
it’s another thing when they do it to you. 

They basically printed money out of thin air—about $1.25 trillion—and used it to purchase the so-called “toxic assets” from all the banks up and down Wall Street which were about to keel over dead. The reason they were about to keel over dead was because the “toxic assets”—mortgage backed securities and so on—were worth fractions of their nominal value. Very small fractions. All these banks were broke, because of their bad bets on these toxic assets. So in order to keep them from going broke—and thereby wrecking the world economy—the Fed payed 100 cents on the dollar for this crap.

In other words, the Fed saved Wall Street by printing money, and then giving it to them in exchange for bad paper.
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The Dollar Will Collapse Within 3-4 Months

Unreported Soros Event Aims to Remake Entire Global Economy

Two years ago, George Soros said he wanted to reorganize the entire global economic system. In two short weeks, he is going to start - and no one seems to have noticed.

On April 8, a group he's funded with $50 million is holding a major economic conference and Soros's goal for such an event is to "establish new international rules" and "reform the currency system." It's all according to a plan laid out in a Nov. 4, 2009, Soros op-ed calling for "a grand bargain that rearranges the entire financial order."

The event is bringing together "more than 200 academic, business and government policy thought leaders' to repeat the famed 1944 Bretton Woods gathering that helped create the World Bank and International Monetary Fund. Soros wants a new 'multilateral system," or an economic system where America isn't so dominant.

More than two-thirds of the slated speakers have direct ties to Soros. The billionaire who thinks "the main enemy of the open society, I believe, is no longer the communist but the capitalist threat" is taking no chances.
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US Finances Rank Near Worst in the World: Study

Damage to Japan's Economy May be Worse Than Thought

Japan’s earthquake, tsunami and nuclear crisis could deliver a bigger blow to that nation’s economy and U.S. manufacturers than originally estimated, some economists say, due to extended disruptions to Japan’s power grid and factory supply chains.

No. 1 automaker Toyota said it would halt operations at all its U.S. car-assembly plants through Saturday because of continued delays in part shipments from Japan.

Adobe Systems, the top maker of graphic-design software, said second-quarter profits will fall short of estimates. Japan is Adobe’s second-largest market after the U.S.

Some large U.S. electronics makers likely will shut down due to the temporary loss of components from Japanese suppliers, says Paul Martyn, vice president of consulting firm BravoSolution. Unlike steel or auto parts, electronics are tightly linked, and makers can’t easily shift to new suppliers, he says.
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US Effort in Libya Costs Hundreds of Millions So Far

Property Taxes Reach the Breaking Point

Local governments are raising property taxes to plug budget gaps as home values fall—and voters are getting sick of it

Feds Admit: USA Is Insolvent

The United States is on a fiscal path towards insolvency and policymakers are at a "tipping point," a Federal Reserve official said on Tuesday.

Jean Ayissi | AFP | Getty Images

"If we continue down on the path on which the fiscal authorities put us, we will become insolvent, the question is when," Dallas Federal Reserve Bank President Richard Fisher said in a question and answer session after delivering a speech at the University of Frankfurt. "The short-term negotiations are very important, I look at this as a tipping point."

\But he added he was confident in the Americans' ability to take the right decisions and said the country would avoid insolvency.

"I think we are at the beginning of the process and it's going to be very painful," he added.

Fisher earlier said the US economic recovery is gathering momentum, adding that he personally was extremely vigilant on inflation pressures.

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Will JP Morgan Now Make and Take 'Delivery' of Its Own Silver Shorts? 

Getting Worse: People Dying In The Gulf

The Left's Economic Terrorism Playbook

$36 Silver- The Bankster’s Waterloo?

Illegal, Immoral Acts Made Just

Housing...Plunging

Sales of previously owned U.S. homes plunged in February and prices hit their lowest level in nearly nine years, indicating a housing market recovery was still a long way off.

The National Association of Realtors said on Monday sales fell 9.6 percent month over month to an annual rate of 4.88 million units, snapping three straight months of gains. The percentage decline was the largest since July.

The weak sales were the latest evidence of the malaise in the housing sector and confirmed it would remain outside the strengthening and broadening economic recovery.

"The housing market is still very depressed and a major drag on the economy, especially household net worth," said Chris Christopher, a senior economist at IHS Global Insight in Lexington, Massachusetts.

Economists had expected a decline of only 4 percent to a 5.15 million-unit pace. The actual drop was greater than even the most pessimistic forecast in a Reuters survey of 53 economists.

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Silver Will Go To $100

QE is the End of America as We Know It

Each time we begin to approach the end of an announced QE period, the nervous jitters of financial markets start to set in. Will Bernanke continue with QE(n+1) or won’t he? Now it’s true that professional traders live and die by their ability to front run rumor and perception, but for long term investors who fret over such decisions, it demonstrates a fundamental lack of understanding of what QE really is. To put it succinctly, QE is an economic deal with the Devil. Once it is begun in earnest there can be no turning back. It must be played to its ultimate conclusion.
In Bernanke’s 2009 interview on 60 Minutes, he suffered a momentary lapse into honesty and stated that Quantitative Easing was effectively money printing. So why then the complicated euphemism of Quantitative Easing? Because that is what modern central banking sponsored economics is all about – the intentional obfuscation of otherwise simple economic principles to cause the eyes of normal people to glaze over. Once accomplished, the central bankers (and their financial community brethren) are able to pursue policies that greatly benefit themselves but are devastating to everyone else. .

Long term investors who worry about whether QE will continue clearly recognize the fact that everything is now correlated to the Fed’s balance sheet. What they don’t understand is how QE is related to the larger economic cycle and its mission of preventing economic recessions.
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Legislator Says the State Needs Its Own Currency

TOLDJA!! The Dollar Broke Lower—So Now What?

US Desperate Attempt To Save Dollar

(snippet)
In coordination with the Department of Justice, on September 14, 2006, the United States Mint issued a press release and warning to American citizens that the Liberty Dollar was “not legal tender.” The U.S. Mint press release and public service announcement stated that the Department of Justice had determined that the use of Liberty Dollars as circulating money was a federal crime.
Article I, section 8, clause 5 of the United States Constitution delegates to Congress the power to coin money and to regulate the value thereof. This power was delegated to Congress in order to establish and preserve a uniform standard of value and to insure a singular monetary system for all purchases and debts in the United States, public and private. Along with the power to coin money, Congress has the concurrent power to restrain the circulation of money which is not issued under its own authority in order to protect and preserve the constitutional currency for the benefit of all citizens of the nation. It is a violation of federal law for individuals, such as von NotHaus, or organizations, such as NORFED, to create private coin or currency systems to compete with the official coinage and currency of the United States.
(snip)
“Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism,” U.S. Attorney Tompkins said in announcing the verdict. “While these forms of anti-government activities do not involve violence, they are every bit as insidious and represent a clear and present danger to the economic stability of this country,” she added. “We are determined to meet these threats through infiltration, disruption, and dismantling of organizations which seek to challenge the legitimacy of our democratic form of government.”  
More Here..

Possible New Oil Spill 100 By 10 Miles Reported in Gulf Of Mexico (Update: Spill Photos)

Global Economy Faced With a New Recession

Japan’s struggle to avert a nuclear disaster and prepare for a reconstruction of epic proportions is one more risk for a global economy already grappling with mounting risks.
The threats to the fragile recovery were already rising before the devastating earthquake and tsunami brought the world’s third-largest industrial economy to its knees.


And they span the globe – from conflict and oil disruptions in the Middle East and rising inflation in China and other high-growth emerging economies to continuing debt woes in Europe and persistent weakness in U.S. housing and employment, whose recovery is essential to any sustained U.S. rebound.
Adding to the wall of worry, governments have pulled the plug on massive stimulus programs, which played a crucial role in turning around economic fortunes in the wake of the 2008 financial meltdown and ensuing recession.
In their place have come a wave of austerity measures and tighter monetary policies, forced by financial circumstance, political pressure or, in the case of China and India, fears of runaway inflation.
Put it all together and “there is no logical reason” why the global economy will not slow markedly this year, warns Robert Kessler, head of Kessler Investment Advisors in Denver, who advises large corporations and institutions around the world on U.S. Treasury bond investments.
More Here..

Open Forum: Save The World Here

The movieStar Wars is one of my earliest and strongest memories as a child. The sounds were loud and the effects were amazing. The story about a band of rebels fighting against the seemingly unstoppable Empire was so exciting to me. In the end, one man took a leap of faith and destroyed the Empire’s most feared weapon. This story of fighting against all odds for a just cause has always been an inspiration to me.

Today we have rebellious bloggers, hackers, and leakers fighting against the most powerful Empire the world has ever known. This battle is not fought with lasers and space ships, instead, with words and ideas. The Empire is an Elite global group of banking, media, political and military powers that enslave the world’s population with debt, propaganda, false hope, and war. This quadrillion-dollar Empire has a fatal flaw much like the Death Star, it is an Empire built on secrecy and lies. One shot of truth can and will bring it all crashing down.
More Here.

Guest Vid: Money For Nothing

Americans Leaving Country In Droves

The latest news reports reconfirm a continuing trend we at the Sovereign Society have observed since our founding in 1997; the most recent U.S. State Department figures for 2010 show the total number of U.S. citizens formally ending their citizenship is rising at double previous rates.
According to one web site, the 2010 figure was 1,485, but Bloomberg News lists 1,534. In both cases, the 2010 figure appears to be about double that for any year since 2003.
We at the Sovereign Society have noted sadly that each year hundreds of thousands of U.S. citizens and resident aliens have left America to make a new home in other nations, even though most of them do not renounced U.S citizenship. Admittedly, that number pales against the millions clamoring to get into the U.S., legally and otherwise.
But there’s a huge difference in the economic status of these two groups.
Although the current recession has slowed the pace, those seeking admission (or just illegally crossing our borders) are, by and large, poverty stricken persons desperately trying to better their lot with a new life in the Promised Land. They’ll settle for low-paying jobs, welfare, free education for their kids, and U.S. taxpayer subsidized housing and health care.
Those leaving are the wealthy and the talented – those who have had enough, thank you.
Llewellyn H. Rockwell, Jr., a leading libertarian, speaks for me when he says: “Let’s be clear about something. A person who decides to give up his U.S. citizenship is not guilty of disloyalty to America; quite the opposite. He could very well be more loyal to American principles than the regime is willing to tolerate. It also does not mean that he is giving up hope for liberty; he may have great hope for liberty, in a different way and in a different place.”
More Here..

Lifting The Veil of Nuclear Catastrophe and Cover-up  

DMSO: The Antidote for Radiation Poisoning

FUKUSHIMA UPGRADED TO LEVEL 5 CRISIS, PM NAOTO KAN CALLS SITUATION "VERY GRAVE"

Japan's Prime Minister Naoto Kan says the nuclear crisis at the crippled Fukushima plant is "very grave."

Kan said on Friday the police, fire department and military were "putting their lives on the line" to cool the highly radioactive fuel rods at the complex.

Officials on Friday raised the severity rating of its nuclear disaster from 4 to 5 on a 7-point international nuclear event scale.

Firefighters were dousing water on damaged reactor buildings with powerful hoses.  But they have to limit their time inside the complex due to the high radiation levels.

Japanese engineers also are extending an emergency power cable to the nuclear reactor complex.  A steady supply of power could enable workers at the Fukushima plant to get water pumps working again.
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"Chernobyl Solution" May Be Last Resort for Japan Reactors

Federal Reserve BANK CON Exposed on MSNBC There is No Money

I'll Attack Passenger Jets, Warns Gadafi, As UN Air Strikes Loom

Currency Meltdown Coming

They Are Leaving Us To Die, Government Told Us NOTHING

Note: The Yen is Dying on Left
Residents of a town lying within the exclusion zone around the Fukushima Daiichi nuclear plant claim they have been neglected by the Japanese government.
Minamisoma lies just 12 miles from the nuclear plant in crisis and villagers have been ordered to remain in their homes as their community lies on the edge of the state-ordered evacuation zone.

But as tonnes of water were dumped on the plant as the government attempted to prevent overheating, the mayor of Minamisoma has accused the authorities of ignoring his ‘isolated’ people’s plight.

‘They are leaving us to die,’ Katsunobu Sakarai told the BBC in a video interview.

‘We weren’t told when the first reactor exploded – we only heard about it on the TV. The government doesn’t tell us anything.’

Read more: Here..

Libya Airstrikes Could Start 'within hours of resolution'

Guest Post: I Think Today Is The Day The Dollar Breaks Down

I could be wrong—hell, most of the time, I’m way wrong. But I do think that today is the day the dollar breaks down. 

Get used to it.

Consider the evidence: 

The Bank of Japan managed to keep the yen down following last Friday’s Sendai quake. It was trading in an eerily placid 81-to-82 band on Monday, Tuesday and Wednesday—but then Thursday (Japan time), someone at the BoJ must’ve prematurely decided that it was all over, because they let go of the gas. 

What happened? It all went south—huge. As I write this morning (8:12am EST), the yen is trading at 78.50 to the dollar. 

Meanwhile, on the eastern side of the Pacific pond, the Producer Price Index numbers came out yesterday—and they weren’t pretty. During February, PPI rose 1.6%, against a consensus estimate of 0.7%. For the year ending February 28, the PPI rose 5.6%. (rep
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Japan Earthquake: Country on Brink of Massive Blackouts

World Food Supply threatened by Japan nuclear radiation 

UN Warns Situation 'VERY SERIOUS'

UN: Radiation To Hit The U.S On Friday

A United Nations forecast of the possible movement of the radioactive plume coming from crippled Japanese reactors shows it churning across the Pacific, and touching the Aleutian Islands on Thursday before hitting Southern California late Friday.
Health and nuclear experts emphasize that radiation in the plume will be diluted as it travels and, at worst, would have extremely minor health consequences in the United States, even if hints of it are ultimately detectable. In a similar way, radiation from the Chernobyl disaster in 1986 spread around the globe and reached the West Coast of the United States in 10 days, its levels measurable but minuscule.
The projection, by the Comprehensive Test Ban Treaty Organization, an arm of the United Nations in Vienna, gives no information about actual radiation levels but only shows how a radioactive plume would probably move and disperse.
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World Energy Crunch as Nuclear and Oil Both Go Wrong

Bank Holiday?

Reuters reports that Tokyo Stock Exchange firms are seeking market closure as the markets are too volatile. We agree. This means we may get the first post September 11 bank holiday as early as tonight. If so, keep an eye on the USDJPY. "Some foreign financial institutions are calling for Japan's stock market to halt trading, while the Tokyo Stock Exchange and Japanese financial regulators are planning to keep markets open, news agency Nikkei reported. The news agency said officials from more than 10 non-Japanese financial firms held a conference call Tuesday afternoon, with some firms calling for the market to be closed immediately, Nikkei reported, citing people familiar with the discussion. Some participants argued that the market was too volatile to continue trading, according to the report." And if Japan closes, watch for rolling market shutdowns westward as the sun rises over each individual stock market.

More Here..

Japan: Just 48 Hours to Avoid 'Another Chernobyl'

Shock Begins To Turn To Anger In Japan

Alert: Nuclear (And Economic) Meltdown In Progress 

Mandatory Spending to Exceed all Federal Revenues — 50 Years Ahead of Schedule

We have now gotten to the point — as I noted yesterday — where if national defense, interstate highways, national parks, homeland security, and all other discretionary programs somehow became absolutely free, we’d still have a budget deficit. The White House Office of Management and Budget projects that in the current fiscal year (2011), mandatory spending alone will exceed all federal receipts. So even if we didn’t spend a single cent on discretionary programs, we still wouldn’t be able to balance our budget this year — let alone pay off any of the $14 trillion in debt that we have already accumulated.
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Check Radiation Throughout The USA 

Possible course of the radiation clouds

Radiation To Hit Alaska?

Related: Alert: Fukushima Coverup, 40 Years of Spent Nuclear Rods Blown Sky High
Radiation from the Fukishima Daiichi nuclear power plant disaster may soon reach Alaska, according to the state commissioner of health and social services in that state. He said the state could detect a “very small increase in radiation levels – well below levels that would be a health concern.”
The KTVA article headline reports “Radiation Levels In AK Elevated But Not Harmful” and the article then states that radiation has yet to reach the state, a clear contradiction. We are trying to obtain clarification from state authorities in Alaska on whether radiation has reached Alaska or just if it could reach Alaska.
“Right now, we don’t expect any radiation to affect Alaska,” Chris Laborde, the state’s emergency program manager, told KTVA in Alaska.
The Japanese government has consistently misled the public on the radiation threat and we should expect the federal and state governments in the United States to follow suit.
More Here..

French minister: 'Let's not beat about the bush, they've essentially lost control'


Obama Heads To Rio For Fun In The Sun?

Geologist Jim Berkland predicts major North American quake between March 19th to 26th

Earthquake forecaster Jim Berkland warns of a 'high risk'
seismic window and potential for a massive quake
poised to strike somewhere in North America in
between the dates of March 19th and 26th.

Berkland points to the recent mass fish die-off
at King Harbor near Redondo Beach as a harbinger
of a potential catastrophic quake in the near
future...

Berkland accurately predicted the 1989 San Francisco earthquake.

Wind to Blow Towards Pacific from Quake-hit Japan Plant

Foreign Bankers flee Tokyo as nuclear crisis deepens

Underground information on what's happening at Fukushima nuclear power plant in Japan - a Dirty Bomb Waiting to Go Off

NaturalNews has received information directly from an American who happened to be in Tokyo at the time of the nuclear incident and who also happens to have a background in atomic energy and nuclear reactors. He has sent us some extremely disturbing information that seems to indicate the situation with the reactors in Japan is far, far worse than what the conventional media is describing. We are not releasing this individual's name for obvious reasons (he's still in Tokyo and virtually unreachable), but he is an individual who is known to me personally and with whom I have spent a considerable number of hours over a period of two years. He is a very high-integrity individual and someone who is also extremely well connected in the world of advanced medicine.

In an email sent from Tokyo, this individual explains:

Learn more: HERE..

Crisis Is Spiraling Out Of Control

CNN Admits Nobody Knows Anything?

Experts disagreed Tuesday over just how bad things have gotten at the stricken Fukushima Daiichi nuclear plant in northeastern Japan, but all of them agreed that things could get worse.
An explosion Tuesday at the plant elevated the situation there to a "serious accident," on a level just below Chernobyl, a French nuclear official said, referring to the international scale that rates the severity of such incidents and to an incident 25 years ago in what is now Ukraine. His comments came before a fire was reported Wednesday in the No. 4 reactor building at the Japanese plant.
The International Nuclear and Radiological Event Scale -- or INES -- ranks incidents from Level 1, which indicates very little danger to the general population, to Level 7, a "major accident" with a large release of radioactive material and widespread health and environmental effects.
More Here..

Surgeon General: Buying Iodine a "Precaution"

The fear that a nuclear cloud could float from the shores of Japan to the shores of California has some people making a run on iodine tablets. Pharmacists across California report being flooded with requests.

State and county officials spent much of Tuesday trying to keep people calm by saying that getting the pills wasn't necessary, but then the United States surgeon general supported the idea as a worthy "precaution."

U.S. Surgeon General Regina Benjamin is in the Bay Area touring a peninsula hospital. NBC Bay Area reporter Damian Trujillo asked her about the run on tablets and Dr. Benjamin said although she wasn't aware of people stocking up, she did not think that would be an overreaction. She said it was right to be prepared.

More Here..

Full Core Meltdown In Japan Will Send Radiation Over United States

Another Large Fire Breakout! (Link)

The Scariest Earthquake Is Yet to Come

Local Experts Talk About Radiation from Japan Reaching the U.S.


Lugol's Iodine Solution 2%

Possibly the Last Time to Get Out of the Dollar

What Is OBAMA Doing?

It’s no secret that the United States government owes a pretty penny to foreigners. Certainly, what America owes to foreigners pales in comparison to what it owes to Ben Bernanke… but still, $4.45 trillion is no small number, even in these crazy times when terms like “kajillion bajillion” are more appropriate to quantify debt and entitlements.
China is the largest foreign buyer of US Treasuries with around $1.15 trillion in holdings… Japan is the second largest at around $886 billion. Curiously, the trend for China has been down– the Middle Kingdom has been steadily reducing its position since peaking in October 2010.
Japan, on the other hand, has been steadily increasing its Treasury holdings over the same period. Its government does have a long pattern of currency intervention, and there has been much grumbling in Tokyo about the effects of the strong yen on their exports.
Fast forward to this past weekend. Earthquake. Tsunami. Volcano. Nuclear radiation. Japan clearly has other things on its mind right now than to continue financing the ongoing largess in Washington DC.
At a minimum, Japan will likely slow (or eliminate) its US Treasury purchases, instead focusing on dumping money into its own economy. At greater risk, Japan may choose to allow much of its Treasury portfolio to simply mature, requiring the US government to repay tens of billions of dollars of principal (which it doesn’t have).
More HERE..

Japan's Nuclear Accident Rated A 6 Out Of 7

The ongoing nuclear accident at the Japanese central Fukushima reached level 6 gravity on the international level that are 7, said today the president of the Nuclear Safety Authority (ASN), Andre-Claude Lacoste.

Level 7 has been reached only once in the world, when the nuclear accident at the Ukrainian Chernobyl plant in 1986. The Japanese authorities have classified the accident in Fukushima 4 Saturday, following the massive earthquake and tsunami that hit the east coast of the archipelago.

In Japan, "we are now in a situation different from that of yesterday. It is quite clear that we are at a level 6, which is intermediate between what happened (to the Central American) Three Mile Island (in 1979) and Chernobyl, "said President of the ASN at a press conference in Paris.

"We are in a disaster quite obvious, " he added.
In French HERE