Saturday, August 4, 2012

Why Is the U.S. Government Funding Islamic Terrorists Who Are Killing Christians?


Washington’s Blog
August 4, 2012
Most Americans are Christians.
But few know that the acts of our American government are leading to the persecution of Christians in numerous countries.
According to the Vatican’s official news service – Fides - and many other Christian news sources, the Syrian opposition is targeting Christians.  Priests and bishops on the ground in Syria confirm these reports.
As a Syrian priest writes in the Guardian:
Despite what you might read in much of the western media, Syria is an enlightened,secular society with a deeply spiritual core and the common belief is that Syria is for everybody. A fundamentalist state would destroy the traditions of co-existence and religious harmony that have existed here since the fall of the Ottoman Empire nearly 100 years ago. Syrian independence was won with the blood of all Syrians – Muslim, Christian, Druze, Alawite and Kurdish.
As BBC notes:
Syria has for much of the century had a sizeable Christian minority, making up at least 10% of the population.
***
In recent years Syria has been considered one of the easier Middle Eastern countries for Christians to live in. Power is concentrated in the hands of the Alawite minority – a Shia sect considered heretical by many Muslims – which has clamped down hard on extreme forms of Islam.
Indeed, PBS reports that Syrian Christians are accepting arms from the government to protect themselves against Islamic terrorists.
Similarly, for all his faults, Saddam was a secular ruler who tolerated Christians … but Christians have been persecuted by the post-Saddam regime.
As the Syrian priest notes:
In Iraq, after the fall of Saddam Hussein, western allies admitted that they had no postwar plan and many have paid the price for this – especially the Iraqi minorities; since Saddam fell, hundreds of thousands of Christians as well as Muslims have fled Iraq in the face of sectarian violence and terrorism. Now, people are calling for a regime change in Syria without a clear plan for what should happen next. Should the minorities pay the same price in Syria?
BBC points out:
A rise in attacks on Christians after the US-led invasion in 2003 led to up to half the Christian population leaving, although there are no official statistics.
The Guardian reports:
In 2003 … the number of Chaldeans, the Christian Iraqis, was between 800,000 and 1.4 million. In 2009-2010, it was estimated are between 400,000 and 500,000, and rapidly decreasing. Cairo’s violent repression shows a similar process is under way in Egypt as well, where they still represent roughly 10% of the population.
Similarly, Christians were protected – or at least tolerated – by Libya’s secular leaderGaddaffi.   A Roman Catholic priest told Christian News Service:
Under Gaddafi, we’ve been protected.
And Christianity is an officially-recognized and protected religion in Iran.  BBC points out:
Iran’s traditional Christian populations are recognised in the constitution, guaranteed freedom to worship and allocated seats in the parliament ….
But the U.S. government is supporting – with money, arms, and logistical support– Al Qaeda and other Islamic terrorist groups in a number of nations.
The U.S. is:
And the U.S. supports Saudi Arabia as one of our closest allies, even though:
  • Muslims are forbidden to convert to another religion. If one does so and does not recant, they may be executed
Note:  This post focuses on Christians, but a similar analysis could be applied to Jews. For example, Iran – which has the largest Jewish population in the Muslim world – has a constitution which officially protects Jews.

Reality Check: Is Al-Qaeda An Enemy Or Not?

Reality Check
August 4, 2012







Ben Swann Reality Check looks at a new report that the U.S. Government is funding the opposition in Syria including al Qaeda fighters.

More White House Propaganda... "The Unemployment Rate is Only 8.25%!!!!"

SIC SEMPER TYRANNIS!!!
Mark Matheny
August 4, 2012






Friday, August 3, 2012

Spain And Italy Are Toast Unless Germany Allows The ECB To Print Trillions Of Euros


Michael Snyder
The Economic Collapse
Aug 3, 2012
The financial chess game in Europe is still being played out, but in the end it is going to boil down to one very fundamental decision. 

Is Germany going to allow the ECB to print up trillions of euros and use those euros to buy up the sovereign debt of troubled eurozone members such as Spain and Italy or not?  Nothing short of this is going to solve the problems in Europe.  You can forget the ESM and the EFSF.  Anyone that thinks they are going to solve the problems in Europe is someone that would also take a water pistol to fight a raging wildfire.  No, the only thing that is going to keep Spain and Italy from collapsing under the weight of a mountain of debt is a financial nuke.  The ECB needs to have the power to print up trillions of euros and use that money to buy up massive amounts of sovereign debt in order to guarantee that Spain and Italy will be able to borrow lots more money at very low interest rates.  In fact, this is probably what European Central Bank President Mario Draghi has in mind when he says that he is going to “do whatever it takes to preserve the euro”.  However, there is one giant problem.  The ECB is not going to be able to do this unless Germany allows them to.  And after enduring the horror of hyperinflation under the Weimar Republic, Germany is not too keen on introducing trillions upon trillions of new euros into the European economy.  If Germany allows the ECB to go down this path, Germany will end up experiencing tremendous inflation and the only benefit for Germany will be that the eurozone was kept together.  That doesn’t sound like a very good deal for Germany.
Right now, the yield on 10 year Spanish bonds is above 7 percent and the yield on 10 year Italian bonds is above 6 percent.
Those are unsustainable levels.
The only thing that is going to bring those bond yields down permanently to where they need to be is unlimited ECB intervention.
But that is not going to happen without German permission.

Court Upholds Domestic Drone Use in Arrest of American Citizen

U.S. News
August 3, 2012



A motion to dismiss charges based on the use of a Predator drone was denied Wednesday


In an Oct. 25, 2007 file photo a Predator drone unmanned aerial vehicle takes off on a U.S. Customs Border Patrol mission from Fort Huachuca, Ariz. The Federal Aviation Administration has been asked to issue flying rights for a range of pilotless planes to carry out civilian and law-enforcement functions but has been hesitant to act for safety reasons.
In an Oct. 25, 2007 file photo a Predator drone unmanned aerial vehicle takes off on a U.S. Customs Border Patrol mission from Fort Huachuca, Ariz. The Federal Aviation Administration has been asked to issue flying rights for a range of pilotless planes to carry out civilian and law-enforcement functions but has been hesitant to act for safety reasons.
A North Dakota court has preliminarily upheld the first-ever use of an unmanned drone to assist in the arrest of an American citizen.
A judge denied a request to dismiss charges Wednesday against Rodney Brossart, a man arrested last year after a 16-hour standoff with police at his Lakota, N.D., ranch. Brossart's lawyer argued that law enforcement's "warrantless use of [an] unmanned military-like surveillance aircraft" and "outrageous governmental conduct" warranted dismissal of the case, according to court documents obtained by U.S. News.

District Judge Joel Medd wrote that "there was no improper use of an unmanned aerial vehicle" and that the drone "appears to have had no bearing on these charges being contested here," according to the documents.
Court records state that last June, six cows wandered onto Brossart's 3,000 acre farm, about 60 miles west of Grand Forks. Brossart allegedly refused to return the cows, which led to a long, armed standoff with the Grand Forks police department. At some point during the standoff, Homeland Security, through an agreement with local police, offered up the use of an unmanned predator drone, which "was used for surveillance," according to the court documents.
Grand Forks SWAT team chief Bill Macki said in an interview that the drone was used to ensure Brossart and his family members, who were also charged, didn't leave the farm and were unarmed during the arresting raid.

Iranian Leader Says War May Happen Within Weeks

The New American
August 2, 2012


Iranian Leader Says War May Happen Within Weeks
The Israeli news outlet DebkaFile reports that Iran's supreme leader, Ayatollah Ali Khamenei (pictured), warned the country's top military chiefs during a recent war council meeting to expect "war within weeks." According to DebkaFile,
While retaliation had been exhaustively drilled in regular military exercises in the past year, Khamenei ordered the biggest fortification project in Iran’s history to save its nuclear program from even the mightiest of America’s super-weapons. Rocks are being gathered from afar, piled on key nuclear installations, covered with many tons of poured concrete and finally plated with steel.
The news directly contradicts other reports that an Israeli attack on Iran has been postponed until the spring of 2013.
Haaretz correspondent Amir Oren wrote that Israel delayed its plans to launch an attack due to a war simulation that produced unwelcome results. During that simulation, experts discovered that Iran would be able to retaliate with a single missile strike that had the ability to kill 200 Americans. He explained,
At 8:58 P.M. on Tuesday, Israel’s 2012 war against Iran came to a quiet end. The capricious plans for a huge aerial attack were returned to the deep recesses of safes and hearts. The war may not have been canceled but it has certainly been postponed. For a while, at least, we can sound the all clear: It won’t happen this year. Until further notice, Israel Air Force Flight 007 will not be taking off.
In April, Israeli Prime Minister Benjamin Netanyahu announced that Israel will delay an attack on Iran’s nuclear facilities until several weeks or months before Israel’s elections in 2013. Seattle-based political blogger Richard Silverstein wrote,
A senior Likud politician told my confidential Israeli source that Bibi Netanyahu has decided to delay an Israeli attack on Iran until some weeks or possibly months before the next scheduled Israeli election. That will happen by October 2013 unless Bibi determines he wants to go to the nation earlier.
At the same time Netanyahu made that announcement, some officials had also indicated that they are waiting to see the outcome of discussions between the Islamic Republic and the P5+1 group — consisting of the United States, the United Kingdom, France, Germany, Russia, and China — before officially embarking on a military strike.
“It could happen this year, but also 2013 is a possibility,” said an Israeli senior official. “We will need to wait to see the effect sanctions and diplomacy have on Iran and what the regime decides to do.”
But the recent Debka report indicates a strong possibility that war with Iran could be sooner. Khamenei’s announcement was made at a July 27 meeting with what he called the “last war council.” According to Debka:
Present were Defense Minister General Ahmad Vahidi, Khamenei’s military adviser General Yahya Rahim-Safavi, Armed Forces Chief Major General Seyed Hassan Firuzabadi, Revolutionary Guards Corps commander General Mohammad Ali Jafari and Al Qods Brigades chief General Qassem Soleimani. The commanders of the air force, the navy and ground forces were also there.
Each of the participants was tapped to report on the readiness of his branch or sector for shouldering its contingency mission.
The possibility of war with Iran was heightened prior to Khamenei’s announcement, however, as Iran confirmed its plans to close the Strait of Hormuz — through which 33 percent of the world’s oil shipments pass every day — earlier this month.
“We have a (contingency) plan for the blockade of the Strait of Hormuz, but its implementation requires the decision and order of the commander in chief (the Leader),” Major General Hassan Firouzabadi told reporters. “The West might think we are just bluffing with the blocking of the Strait of Hormuz but we already have some good plans how to do that,” Firouzabadi was quoted by Fars news agency as saying.
The United States responded to the announcement by sending underwater sea drones to target mines and prevent the blocking of the strait.
Meanwhile, Saudi Arabia and the United Arab Emirates announced that new pipelines would be opened to circumvent the Strait of Hormuz in an effort to reduce Iran’s influence.
The world now has an idea of the impact the closing of the Strait of Hormuz after false reports that it was closed drove up oil prices to somewhere between $300 and $500 a barrel.

Thursday, August 2, 2012

Feckless Erdogan Stakes Future of Turkey on Fake Promises from Con Artist Obama; Davutoglu Goes from Zero Problems to Countless Problems with Meddling In Syria


Exclusive: Obama authorizes secret U.S. support for Syrian rebels

Reuters
Syrian rebel fighters pose for a picture in Hama July 20, 2012.
Credit: Reuters/Shaam News Network/Handout
August 2, 2012



(Reuters) - President Barack Obama has signed a secret order authorizing U.S. support for rebels seeking to depose Syrian President Bashar al-Assad and his government, U.S. sources familiar with the matter said.
Obama's order, approved earlier this year and known as an intelligence "finding," broadly permits the CIA and other U.S. agencies to provide support that could help the rebels oust Assad.
This and other developments signal a shift toward growing, albeit still circumscribed, support for Assad's armed opponents - a shift that intensified following last month's failure of the U.N. Security Council to agree on tougher sanctions against the Damascus government.
The White House is for now apparently stopping short of giving the rebels lethal weapons, even as some U.S. allies do just that.
But U.S. and European officials have said that there have been noticeable improvements in the coherence and effectiveness of Syrian rebel groups in the past few weeks. That represents a significant change in assessments of the rebels by Western officials, who previously characterized Assad's opponents as a disorganized, almost chaotic, rabble.
Precisely when Obama signed the secret intelligence authorization, an action not previously reported, could not be determined.
The full extent of clandestine support that agencies like the CIA might be providing also is unclear.
White House spokesman Tommy Vietor declined comment.

The Right to Bear Bazookas vs Wall Street

Max Keiser Report
August 2, 2012






Aug 2, 2012 by 
Watch the full Keiser Report E322 later today!

In this episode, Max Keiser and Stacy Herbert discuss crimes against capital, financial blockades and hoax Op-eds. They also suggest that Boris Johnson may be the illegitimate step nephew of Louis XV and how all your financial opinions come from a warped fortune cookie written by some guy that just dropped massive tabs of acid. And they discuss this while minding their Second Amendment right to bear a shoulder launch missile. In the second half, Max interviews Birgitta Jonsdottir about the need to form Pirate Parties around the world to protect privacy, democracy and stop financial blockades of certain groups for their beliefs and campaigns.

Follow Max Keiser on Twitter: http://twitter.com/maxkeiser

The 13 Most Evil U.S. Government Experiments on Humans

The U.S. Government has been caught conducting an insane amount of vile, inhumane and grisly experiments on humans without their consent and often without their knowledge. So in light of recent news of the U.S. infecting Guatemalans with STDs, here are the 13 most evil, for lack of a better word, cases of human-testing as conducted by the United States of America. Get ready to become one of those conspiracy theory nuts, because after this list, you will never fully trust your government again.


BlackListedNews
August 2. 2012
1 Mind Control, Child Abuse - Project MKULTRA, Subproject 68
Mind Control, Child Abuse - Project MKULTRA, Subproject 68 The 13 Most Evil U.S. Government Experiments on Humans Anything picture
This is the stuff of nightmares.

The CIA-ran Project MKULTRA paid Dr. Donald Ewen Cameron for Subproject 68, which would be experiments involving mind-altering substances. The entire goal of the project was to probe examination into methods of influencing and controlling the mind and being able to extract information from resisting minds.

So in order to accomplish this, the doctor took patients admitted to his Allen Memorial Institute in Montreal and conducted "therapy" on them. The patients were mostly taken in for issues like bi-polar depression and anxiety disorders. The treatment they received was life-altering and scarring.

In the period he was paid for (1957 - 1964) Cameron administered electroconvulsive therapy at 30-40 times the normal power. He would put patients into a drug-induced coma for months on-end and playback tapes of simple statements or repetitive noises over and over again.

The victims forgot how to talk, forgot about their parents, and suffered serious amnesia.

And all of this was performed on Canadian citizens because the CIA wasn’t willing to risk such operations on Americans.

To ensure that the project remained funded, Cameron, in one scheme, took his experiments upon admitted children and in one situation had the child engage in sex with high-ranking government officials and film it.

He and other MKULTRA officers would blackmail the officials to ensure more funding.




Wednesday, August 1, 2012

INFOWARS: BREAKING NEWS Batman MASSACRE WITNESS confirm

Infowars Nightly News
July 31, 2012

Wag the Dog: Media Publish Photoshop Forgery to Sell Image of War Torn Syria


Aaron Dykes
Infowars.com
July 31, 2012
While mainstream press have been hailing the virtues of the alliance between al Qaeda, the Syrian Free Army and the West in opposing Assad in Syria, they’ve also been caught once again “faking the war” to play up sympathy for an all out invasion.
Austria’s largest daily paper, Kronen Zeitung, with some 3 million readers daily, published this sympathetic photo, seemingly portraying a man carrying a baby and a woman in burka fleeing from some war-torn corner of Aleppo. However, it was later exposed to be a Photoshop forgery, juxtaposing the people walking on a normal looking corner with that of a blown out city block ravaged by heavy damage.
The subjects were apparently taken from the previously-published file photo credited to theEuropean Pressphoto Agency, as the publishing notes next to the image indicate. The revealing side by side comparison was first posted to Reddit.com.
Gizmodo points out:
Just to be clear, the family in the photograph is, in fact, in Syria; the original photo (on the right) came from the European Pressphoto Agency. But merely fleeing a city ravaged by guns and mortars apparently isn’t quite dramatic enough on its own. The editors of the Krone—as it’s commonly called—needed this baby to sing.
A nearly identical example of war propaganda is depicted in the 1997 film Wag the Dog, where green screen technology was used to place an actor in a studio with a kitten in a war torn zone in Bosnia:

To be sure, the entire perception of the conflict in Syria has been (purposely) distorted in the media, including many blatant lies.
Remember the Syrian Danny hoax?
Advocating intervention, “Syrian Danny” was caught faking gun fire on CNN in order to portray heavy fighting that wasn’t really going on in the background while he literally begged for Western-backed forces to enter Syria and overthrow Assad. Paul Joseph Watson described the hoax: While waiting to be connected, Danny says, “Well, let the gunfire sound then,” before subsequently asking someone off camera, “Did you tell him to get the gunfire ready?” An explosion is heard soon after, but Danny doesn’t even flinch. The following video demonstrates this amazing stunt, which correlated with numerous other exaggerated reports issued by propaganda-activist Danny.
Another hoax was revealed after the BBC falsely portrayed an Assad-led massacre of children in Houla, using a photo from dead children in Iraq to play up the scale of the atrocity, which was later found to be the work of the al Qaeda-led Free Syrian Army.
A reported massacre in Homs was likewise a deception:
Obviously, these incredible lies and deceptions are not limited to the Syrian conflict, but have become a mainstay in this age of modern media. From the phony babies in incubators testimony to demonize Saddam Hussein in the first Gulf war, to the lies about WMDs in Iraqthe next time around, false flag events to start most 20th Century wars, and so much more: these lies are not crafted to fool fact checkers, critics, historians or true investigative reporters, but to goad the general public into a wave of hysteria ensuring enough support to start a war and profit from the destruction.
Is it any wonder the chemical weapons / WMD story is being rehashed to drum up a crescendo of apparent legitimacy for an otherwise naked coup? They are literally asking the public to cheer for al Qaeda.
Modern warfare is no longer limited to the physical assault. Television and the Internet have made propaganda an indispensable force to wage war by other means– besieging allies and public support to isolate Assad and diffuse his defenses on the media/international community front long enough to complete the kill. Syria, like Libya, has been a classic proxy war, with the hidden hand of the United States and its western allies only partial obscured. That is, in the most general sectors of public knowledge, opinion and discussion about the Syrian conflict is saturated with the deliberately crafted lie demonizing the target and producing mass levels of knee-jerk support for the action. In this case: bad guy = AssadGaddafi Saddam Bin Laden baby talk about boogie men.
But the truth is plainly laid as well, for anyone willing to face it.

The engineering of bigger financial bubbles

MyBudget360
August 1, 2012



The market is perched on the edge of a chair looking out for what the Federal Reserve and European Central Bank have to say.  The almighty Oz is the only game in town.  With the Fed, the expectation is of some sort of additional quantitative easing to prime the economy once again whereas the market is looking for some big sort of action by the ECB to keep the Euro together.  One thing is certain however and that is we are now in a bailout bubble.  The markets are now managed proxy systems of the too big to fail banks.  The system has been very effective in siphoning off wealth from the middle class of many countries and creating massive wealth discrepancies that have not been witnessed since the Great Depression.  Many in the public are woefully uninformed since rarely is this analysis leaked out in the media.  Yet as we go down this road, it is becoming more obvious that to keep this system going, more and more bailouts are required.
Hunkering down
US households continue on the path of deleveraging.  The personal savings rate is ticking back up which is not necessarily a good sign for an economy so reliant on spending:
savings rate
Many Americans are finding their borrowing constrained as due diligence is now performed on the market.  You have 46 million on food stamps so it is unlikely this group is a market to lend to.  You have a large aging population that is probably a group that is unlikely to receive long-term loans.  And younger Americans are already saddled with massive student loan debt.  What group is willing to go into massive debt here?
The average per capita income is $25,000 so banks are simply hoarding the money to repair their badly hurt balance sheets:
excess reserves
The irony of the above is the Fed needs to shell out interest on these excess reserves.  Now the interest paid is only .25 percent but on a balance of roughly $1.5 trillion it works out to:
$3,750,000,000 annually
This is money that banks can easily put into work by lending to Americans but instead keep them held as excess reserves with the Fed.  It is essentially a closed feedback loop that allows these banks to get bigger on the action and work of the real economy.  If you look back even just a few decades, banks were set to be a proxy of aiding the real economy.  Today, we have a large financial sector that essentially strips profits from the real economy.
The bubble pathway is rather apparent:
corporate profits and gdp
Corporate profits as a share of GDP are now at record levels while we have high unemployment, lower paying jobs, and a massive number of Americans on transfer payments.  So how are these profits achieved?  By allowing giant loopholes to avoid domestic taxes, bailouts that provide gambling funds to spend in global markets, and leveraging US Fed power to garner profits in lower cost markets.  This is anything but a free market yet the analysis presented to the public is that this is just the way things go.  Austerity for you, bailouts for us.  The banking system is unfortunately too big and is extracting economic rents from sectors that would actually benefit the public more.
It is likely that there will be no movement on enforcement with teeth in 2012 being an election year.  From one bubble to another but the big difference here is that this bubble is targeted directly to the financial sector.

J.C. Penney's Latest Leap: Retailer to Ditch Cash Registers, Cashiers

Daily Finance
August 1, 2012


JCPenney cash registers
Cash registers could join the ranks of pay phones and typewriters sooner than you think.

J.C. Penney (JCP) will say farewell to cash registers, checkout counters and cashiers by 2014, said Ron Johnson, the chain's CEO, during the Fortune Brainstorm Tech conference, reports Time.

Penney's plan evokes Apple's (AAPL) mostly cash-register free stores -- and that comes as little surprise: Johnson was the head of Apple Retail and is considered the mastermind behind its success. He left Apple in November to take the top spot at J.C. Penney.

Johnson, who has been in the headlines lately for Penney's radical, controversial -- and so far, unsuccessful -- strategy to eliminate most of its sales and coupons, is now looking to shake up the checkout experience in the chain's stores.

His plan is to eliminate cashiers, cash registers and checkout counters, replacing them with a patchwork of technology solutions, such as WiFi networks, mobile checkout, RFID (radio frequency identification) technology tracking systems for merchandise, as well as self-checkout options.

"Think of a physical store without a cash wrap," Johnson told the audience, according to Time. "About 10% of all the money we spend, half a billion dollars a year, goes to [checkout] transactions." The money saved by replacing checkout stations with new technology could be invested in improving customer service, he said.

Ryan Taft, managing partner with OnSpot Social, an iPad app for retailers that collects Facebook "likes," Twitter followers and email addresses in-store, believes the retail industry is at the early stages of the end of the widespread use of cash registers.
Read the entire article

Tuesday, July 31, 2012

NEW TSA Documents: Filming & Photography Terrorist Activities



July 18, 2012

WeAreChange Correspondent Julio Rausseo on new TSA documents citing video taping and taking pictures as suspicious activity. http://publicintelligence.net/nj...

DHS Preparing for Domestic Unrest as Obama Shreds the Constitution and Americans Rights

WE'RE HIT!!! TELEVISION
http://werehit.blogspot.com
SIC SEMPER TYRANNIS!!! News

July 31, 2012

11 Signs That Time Is Quickly Running Out For The Global Financial System


Michael Snyder
The Economic Collapse
July 31, 2012
Are we rapidly approaching a moment of reckoning for the global financial system?  August is likely to be a relatively slow month as most of Europe is on vacation, but after that we will be moving into a “danger zone” where just about anything could happen.  Historically, a financial crisis has been more likely to happen in the fall than during any other time, and this fall is shaping up to be a doozy.

Much of the focus of the financial world is on whether or not the euro is going to break up, but even if the authorities in Europe are able to keep the euro together we are still facing massive problems.  Countries such as Greece and Spain are already experiencing depression-like conditions, and much of the rest of the globe is sliding into recession.  Unemployment has already risen to record levels in some parts of Europe, major banks all over Europe are teetering on the brink of insolvency, and the flow of credit is freezing up all over the planet.  If things take a really bad turn, this crisis could become much worse than the financial crisis of 2008 very quickly.
All over the world people are starting to write about the possibility of a major economic crisis starting this fall.
For example, a recent article in the International Business Times discussed how some economists around the globe are fearing the worst for the coming months….
The consensus? The world economy has entered a final countdown with three months left, and investors should pencil in a collapse in either August or September.
Citing a theory he has been espousing since 2010 that predicts “a future lack of policy flexibility from the monetary and fiscal side,” Jim Reid, a strategist at Deutsche Bank, wrote a note Tuesday that gloated “it feels like Europe has proved us right.”
“The U.S. has the ability to disprove the universal nature of our theory,” Reid wrote, but “if this U.S. cycle is of completely average length as seen using the last 158 years of history (33 cycles), then the next recession should start by the end of August.”
The global financial system is so complex and there are so many thousands of moving parts that it is always difficult to put an exact date on anything.  In fact, history is littered with economists that have ended up looking rather foolish by putting a particular date on a prediction.
But without a doubt we are starting to see storm clouds gather for this fall.
The following are 11 more signs that time is quickly running out for the global financial system….
#1 A number of very important events regarding the financial future of Europe are going to happen in the month of September.  The following is from a recent Reuters article that detailed many of the key things that are currently slated to occur during that month….
In that month a German court makes a ruling that could neuter the new euro zone rescue fund, the anti-bailout Dutch vote in elections just as Greece tries to renegotiate its financial lifeline, and decisions need to be made on whether taxpayers suffer huge losses on state loans to Athens.
On top of that, the euro zone has to figure out how to help its next wobbling dominoes, Spain and Italy – or what do if one or both were to topple.
#2 Reuters is reporting that Spanish Economy Minister Luis de Guindos has suggested that Spain may need a 300 billion euro bailout.
#3 Spain continues to slide deeper into recession.  The Spanish economy contracted 0.4 percent during the second quarter of 2012 after contracting 0.3 percent during the first quarter.
#4 The unemployment rate in Spain is now up to 24.6 percent.
#5 According to the Wall Street Journal, a new 30 billion euro hole has been discovered in the financial rescue plan for Greece.
#6 Morgan Stanley is projecting that the unemployment rate in Greece will exceed 25 percent in 2013.
#7 It is now being projected that the Greek economy will shrink by a total of 7 percent during 2012.
#8 German Finance Minister Wolfgang Schäuble says that the rest of Europe will not be making any more concessionsfor Greece.
#9 The UK economy has now plunged into a deep recession.  During the second quarter of 2012 alone, the UK economy contracted by 0.7 percent.
#10 The Dallas Fed index of general business activity fell dramatically to -13.2 in July.  This was a huge surprise and it is yet another indication that the U.S. economy is rapidly heading into a recession.
#11 As I have written about previously, a banking crisis is more likely to happen in the fallthan at any other time during the year.  The global financial system will enter a “danger zone” starting in September, and none of us need to be reminded that the crashes of 1929, 1987 and 2008 all happened during the second half of the year.
So is there any hope on the horizon?

TERROR CAMPS:The Global Agenda

TERROR CAMPS:The Global Agenda
Watch Full Length Movie Here

Libyan Violence: Globalist Plan for the Domination of Eurasia

Left-Right Paradigm and the Coming Election

More White House Propaganda... "The Unemployment Rate is Only 8.25%!!!!"

Defense Cuts Harmful to Economy or National Security?

The Obama Catholic Connection

The Globalists Plan for a Coming World Currency

Four Mega Banks Dubbed "The Four Horsemen of U.S. Banking"

New World Order Rising-Documentary

New World Order Rising-Documentary
Watch Here

ObamaCrimes.com

ObamaCrimes.com
Find out Why Here...

My Other Passions

My Other Passions
Aikido and Iaido