MyBudget360.com
July 4, 2011
The Federal Reserve is primarily concerned with one thing and that is to protect the interests of the banking industry. The Fed has no desire or need to protect the underlying economy. If they can get away with allowing banks to jump from one bubble to another they will do so.
The success of the overall economy is only consequential if it aligns with the deeper interests of the banking cabal. This weekend former Fed Chair Alan Greenspan mentioned that simply bailing out Greece was a temporary measure. When pressed he went back into “Greenspeak” and rambled on in his typical obtuse language. The reason why global banks fear Greece is not because of the country itself, but because the country has billions of dollars in debt that global banks hold.
These banks do not want to pay for their bad bets and would rather shift the cost to the overall population in general. The Fed balance sheet here in the U.S. is now up to $2.84 trillion, another record that gets no airtime in the press. The Federal Reserve continues with clandestine bailouts only to protect the interests of the banking elite.
Read the entire article
Media Attacks America on Independence Day!
Alex Jones
Infowars.com
July 4, 2011
I was shocked over the weekend to witness a full-scale talking point in the media demonizing our Founders and the precious Constitution. Please comment below with examples you’ve witnessed over the weekend so we can compile a more detailed report later in the week.
Please get this report out to everyone you know. It is our job as 21st Century Paul Reveres to raise the alarm that the enemy is within the gates working overtime to destroy the Republic and reduce us to absolute slavery.
RELATED: Time’s Orwellian Story on U.S. Constitution Refuted!
RELATED: George Will: The Constitution is an ‘anti-evolutionary device’
Infowars.com
July 4, 2011
I was shocked over the weekend to witness a full-scale talking point in the media demonizing our Founders and the precious Constitution. Please comment below with examples you’ve witnessed over the weekend so we can compile a more detailed report later in the week.
Please get this report out to everyone you know. It is our job as 21st Century Paul Reveres to raise the alarm that the enemy is within the gates working overtime to destroy the Republic and reduce us to absolute slavery.
RELATED: Time’s Orwellian Story on U.S. Constitution Refuted!
RELATED: George Will: The Constitution is an ‘anti-evolutionary device’
"The New Rulers of the World" - Documentary
http://www.youtube.com/watch?v=v3WbztsqScw
This is a look at the IMF and World Bank.
A Film by John Pilger.
Your wallet will be obsolete by 2015: PayPal
Friday, 1 July 2011
Internet money transfer company PayPal has just hit its 100 million active accounts milestone, and with it, the company is predicting that mobile payments will supersede physical wallets in the not too distant future.
"Consumers are increasingly giving up traditional payment methods such as cash and checks and turning to a more modern - and anytime, anywhere - form of payment," said PayPal president Scott Thompson in a June 29 post on the company's blog.
"We believe that by 2015 digital currency will be accepted everywhere in the U.S. - from your local corner store to Walmart. We will no longer need to carry a wallet," he added.
The company is so sure about its no-cash prediction, it is asking five of its San Francisco Bay area employees to "use only digital currencies to pay for all their purchases" in a pseudo-competition (read viral marketing stunt) that will be announced on July 11.
A Canadian study conducted by Leger Marketing on behalf of PayPal and released on June 28 found that more than half of Canadians are comfortable with a cashless society.
During an opening keynote at the GSMA Mobile Money Summit in Singapore, Visa's head of mobile innovation, Bill Gajda, announced Visa's vision to convert mobile devices into "true digital wallets" adding that "we're at the dawn of the next generation of mobile money - maybe 'mobile money 2.0.' As an industry we've moved past what software we're going to buy and can now talk about what we're going to do."
The Fed Rearranges the Deck Chairs on the Titanic Economy
Bob Chapman
International Forecaster
July 3, 2011
World markets and especially US markets are in a state of uneasiness and it is only a matter of time before they degenerate further. The real question is will everything break loose between now and the end of the year? The answer in part is yes, and it is currently in process.
“The President’s Working Group on Financial Markets,” along with elitist insiders normally have the ability to make the stock and bond markets do what they want them to. That is, at least on a short-term basis. We believe the market is being deliberately taken down by them in order to impress upon politicians that if they do not extend the short-term cash debt limit that the market will fall even further and that in turn will reduce their ability to get reelected. If you do not think that is possible then you have no idea what is going on. At the present time with about a month to the August 2nd deadline the two political parties are nowhere near an agreement. As we draw closer to the deadline investors will become more and more concerned and the market will trend lower.
These problems that we predicted for the second half of the year are all coming together like a bad dream. This could very well be a reply of 2008, but for a different set of reasons. Obviously Wall Street knows something others do not know as they resort to large layoffs.
For months oil prices have tended higher. The official CPI is 3.6% when in reality it is well over 10%. Unemployment officially under U3 is 9.1%, when in reality it is 22.6%.
No solution has been found for Greece’s problems, even though an agreement has been made with lenders, and as an extension of that, we see euro, euro zone and European Union problems that probably are unsolvable.
Debt ratings for sovereign nations are falling like ten-pins, which we look at very skeptically. Why were not these ratings reduced by rating agencies some time ago? We see the rating agencies, as controlled by Wall Street, and we see no coincidence that these ratings are all being lowered almost simultaneously. We think these events are being timed to force debtor European nations to heel to European bankers’ demands. By example, it is obviously the intention of Europe’s Black Nobility, which controls such banking, to rape Greece financially and enter it into financial bondage for years to come and they intend as well to render the other five hopeless EU members into the same position.
Little has been done to repair the damage done by the credit crisis, which began in 2008. The financial sector and government has temporarily been kept from failure, but little else has been done. The situations in Europe and the UK are no better. Failure of a debt extension and or default by Greece could lead to a collapse of the world financial system, as we know it. The long-term looting by the Fed, the Bank of England, and many others, day-by-day is being exposed to the public by talk radio and the Internet and the elitists are powerless to stop it. We’d say it won’t be long before the whole world knows what they have been up too for a long time. The exposure of these facts is affecting public confidence and many are saying, are we next? The entire financial sectors in the US, UK and Europe are now more vulnerable than ever and by the looks of recent economic reports things are looking worse. That is why Greece or debt extension is so important. Their failure could trigger panic. The Democrats in the US House are playing chicken and if a deal is not reached there will be no extension. Further to this China is slowing down and has major inflation problems and a real estate bubble and Japan has been devastated.
Read the entire article
International Forecaster
July 3, 2011
World markets and especially US markets are in a state of uneasiness and it is only a matter of time before they degenerate further. The real question is will everything break loose between now and the end of the year? The answer in part is yes, and it is currently in process.
“The President’s Working Group on Financial Markets,” along with elitist insiders normally have the ability to make the stock and bond markets do what they want them to. That is, at least on a short-term basis. We believe the market is being deliberately taken down by them in order to impress upon politicians that if they do not extend the short-term cash debt limit that the market will fall even further and that in turn will reduce their ability to get reelected. If you do not think that is possible then you have no idea what is going on. At the present time with about a month to the August 2nd deadline the two political parties are nowhere near an agreement. As we draw closer to the deadline investors will become more and more concerned and the market will trend lower.
These problems that we predicted for the second half of the year are all coming together like a bad dream. This could very well be a reply of 2008, but for a different set of reasons. Obviously Wall Street knows something others do not know as they resort to large layoffs.
For months oil prices have tended higher. The official CPI is 3.6% when in reality it is well over 10%. Unemployment officially under U3 is 9.1%, when in reality it is 22.6%.
No solution has been found for Greece’s problems, even though an agreement has been made with lenders, and as an extension of that, we see euro, euro zone and European Union problems that probably are unsolvable.
Debt ratings for sovereign nations are falling like ten-pins, which we look at very skeptically. Why were not these ratings reduced by rating agencies some time ago? We see the rating agencies, as controlled by Wall Street, and we see no coincidence that these ratings are all being lowered almost simultaneously. We think these events are being timed to force debtor European nations to heel to European bankers’ demands. By example, it is obviously the intention of Europe’s Black Nobility, which controls such banking, to rape Greece financially and enter it into financial bondage for years to come and they intend as well to render the other five hopeless EU members into the same position.
Little has been done to repair the damage done by the credit crisis, which began in 2008. The financial sector and government has temporarily been kept from failure, but little else has been done. The situations in Europe and the UK are no better. Failure of a debt extension and or default by Greece could lead to a collapse of the world financial system, as we know it. The long-term looting by the Fed, the Bank of England, and many others, day-by-day is being exposed to the public by talk radio and the Internet and the elitists are powerless to stop it. We’d say it won’t be long before the whole world knows what they have been up too for a long time. The exposure of these facts is affecting public confidence and many are saying, are we next? The entire financial sectors in the US, UK and Europe are now more vulnerable than ever and by the looks of recent economic reports things are looking worse. That is why Greece or debt extension is so important. Their failure could trigger panic. The Democrats in the US House are playing chicken and if a deal is not reached there will be no extension. Further to this China is slowing down and has major inflation problems and a real estate bubble and Japan has been devastated.
Read the entire article
IMF -"International Mafia Federation" Loan Sharks of Last Resort
SIC SEMPER TYRANNIS!!!
Mark Matheny
July 3, 2011
In spite of the massive protesting by the tax paying protestors in Greece ( those who are tired and fed up with the looting of their hard earned savings), Greek lawmakers have once again bowed to the IMF and the EU, in passing a second Austerity Bill in order to keep Greece from defaulting by mid- July.
Gerald Celente has referred to the IMF as the "International Mafia Federation", and has said so with good reason. Gerald says they are nothing more than international "loan sharks" of last resort. This can be backed up by a Fox News report that stated:
If you would like to hear a simplified but true explanation of the IMF's role, then Gerald Celente has just the perception to see how they work:
Of course in this Austerity Bill passed by the Greek Parliment, equal opportunity is a must in that they have placed taxe increases even on the lowest-income families.
Although this move by the Greek Parliment has been a "decisive step Greece needed to take in order to return to a sustainable path." and that "In very difficult circumstances, it was another act of national responsibility,” this measure will only help Greece to hold out until around September!
And since the last bailout from the IMF to Greece hasn't helped, it is more than probable that this bailout will likely end in the same way... more debt on Greece with no answers.
The International Mafia Federation is nothing more than an instrument of globalists to take over countries' wealth and resources, and unfortunately they are doing a pretty good job!
Many of the people in Greece see this plan as a direct threat to their wealth and general well-being as a nation, and are highly opposed to the measure, resorting to protests and violence in defense of what liberties and material possessions they still have.
Here in the U.S., the people are now starting to feel the effects of the failed bailouts, and entitlements that have pushed our country to the brink of economic collapse as well. There are still those who believe Obama's worn out speeches of recovery, who refuse to "see the forest in spite of the trees" as they say.
The same problems that are hitting Greece will inevitably come to America. As the industrialized nations collapse, international organizations such as the IMF, World Bank, BIS (Bank of International Settlements) and The United Nations will take over.
The IMF is also leaning on lawmakers here in the U.S. to raise the debt ceiling. John Lipsky, Managing Director of the IMF stated:
In an interview on Fox News June 22, 2011 Peter stated Bernanke's assessment of the current economic situation in the U.S. is inaccurate, and that the economy will continue to worsen with unemployment escalating, and the inflation will be much higher than what the Fed Chairman is reporting. Peter also stated that Greece is just a small picture of what is coming to America.
Mark Matheny
July 3, 2011
In spite of the massive protesting by the tax paying protestors in Greece ( those who are tired and fed up with the looting of their hard earned savings), Greek lawmakers have once again bowed to the IMF and the EU, in passing a second Austerity Bill in order to keep Greece from defaulting by mid- July.
Gerald Celente has referred to the IMF as the "International Mafia Federation", and has said so with good reason. Gerald says they are nothing more than international "loan sharks" of last resort. This can be backed up by a Fox News report that stated:
You may notice the word "demanded " in the condition of Greece's $159 billion package.The European Union and International Monetary Fund had demanded Parliament pass two bills — an austerity law and a second bill detailing how it will be implemented — by June 30 before they approve a $17.3 billion installment from the country's $159 billion package.
If you would like to hear a simplified but true explanation of the IMF's role, then Gerald Celente has just the perception to see how they work:
"Here's what they do - They go into a country that's really desparate, they can't borrow a dime anywhere, and the IMF comes in, and they say - Ay, I'll loan you the money! But how are you going to pay me back?"Then with that rhetorical question, Gerald shows how the IMF already has the answer for the country:
"You tax the people, you put more taxes on 'em. And so you (the country in desparate need) tax the people, you don't get enough and they (the IMF) say, Listen - I'm not getting enough money, I want the bridge! ... I want the bridge! I want the highway! I want the water supply! Capish?"
Of course in this Austerity Bill passed by the Greek Parliment, equal opportunity is a must in that they have placed taxe increases even on the lowest-income families.
Although this move by the Greek Parliment has been a "decisive step Greece needed to take in order to return to a sustainable path." and that "In very difficult circumstances, it was another act of national responsibility,” this measure will only help Greece to hold out until around September!
And since the last bailout from the IMF to Greece hasn't helped, it is more than probable that this bailout will likely end in the same way... more debt on Greece with no answers.
The International Mafia Federation is nothing more than an instrument of globalists to take over countries' wealth and resources, and unfortunately they are doing a pretty good job!
Many of the people in Greece see this plan as a direct threat to their wealth and general well-being as a nation, and are highly opposed to the measure, resorting to protests and violence in defense of what liberties and material possessions they still have.
Here in the U.S., the people are now starting to feel the effects of the failed bailouts, and entitlements that have pushed our country to the brink of economic collapse as well. There are still those who believe Obama's worn out speeches of recovery, who refuse to "see the forest in spite of the trees" as they say.
The same problems that are hitting Greece will inevitably come to America. As the industrialized nations collapse, international organizations such as the IMF, World Bank, BIS (Bank of International Settlements) and The United Nations will take over.
The IMF is also leaning on lawmakers here in the U.S. to raise the debt ceiling. John Lipsky, Managing Director of the IMF stated:
It looks as though our representatives in Washington will raise the debt ceiling, and pass some cuts to the budget that will not amount to a hill of beans. Peter Schiff has predicted that Greece would indeed accept more loans from the IMF, that the Fed will continue with more quantitative easing, and that the U.S. government will raise the debt ceiling.We’re confident that the participants are well aware of the potential risks of a debt default in the U.S. and will avoid those dangers. It should be self-evident [that] a debt default by the U. S. government debt market would have very serious, far-reaching, dramatic repercussions and that’s why we’re confident that it will be avoided.
In an interview on Fox News June 22, 2011 Peter stated Bernanke's assessment of the current economic situation in the U.S. is inaccurate, and that the economy will continue to worsen with unemployment escalating, and the inflation will be much higher than what the Fed Chairman is reporting. Peter also stated that Greece is just a small picture of what is coming to America.
IMF Wants US Debt Ceiling Raised Immediately
TheNewAmerican
June 29, 2011
The June 20th report of the International Monetary Fund (IMF) to the United States strongly recommended that the debt ceiling be raised because “if the debt ceiling is not raised soon…[it] would have significant global repercussions, given the central role of U. S. Treasury bonds in world markets. ” In announcing the report, John Lipsky (picture, left), acting managing director for the IMF, said:
The IMF report was full of other suggestions to assist the U.S. in regaining its financial footing, including
1. Don’t cut spending too much — it might impede the economic recovery
2. Keep interest rates low for a long time
3. Keep an eye on inflation
4. Keep stimulating the housing market, it’ll eventually come back
5. Enforce “cramdowns” by banks holding mortgages in order to clear the market more quickly
6. Fully implement the Dodd-Frank financial reforms, with full funding to complete the bill’s potential to regulate further the financial markets
7. Allocate more money for federal job training.
8. Consolidate the government’s present 50 different job programs into a single program
9. Institute a national sales tax, or value-added-tax (VAT)
Read the entire article
June 29, 2011
The June 20th report of the International Monetary Fund (IMF) to the United States strongly recommended that the debt ceiling be raised because “if the debt ceiling is not raised soon…[it] would have significant global repercussions, given the central role of U. S. Treasury bonds in world markets. ” In announcing the report, John Lipsky (picture, left), acting managing director for the IMF, said:
We’re confident that the participants are well aware of the potential risks of a debt default in the U. S. and will avoid those dangers. It should be self-evident [that] a debt default by the U. S. government debt market would have very serious, far-reaching, dramatic repercussions and that’s why we’re confident that it will be avoided.
1. Don’t cut spending too much — it might impede the economic recovery
2. Keep interest rates low for a long time
3. Keep an eye on inflation
4. Keep stimulating the housing market, it’ll eventually come back
5. Enforce “cramdowns” by banks holding mortgages in order to clear the market more quickly
6. Fully implement the Dodd-Frank financial reforms, with full funding to complete the bill’s potential to regulate further the financial markets
7. Allocate more money for federal job training.
8. Consolidate the government’s present 50 different job programs into a single program
9. Institute a national sales tax, or value-added-tax (VAT)
Read the entire article
| Written by Bob Adelmann |
| Wednesday, 29 June 2011 17:33 |
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