Socio-Economics History Blog

Socio-Economics & History Commentary

Israelis who Refuse to Serve in the Military – American Jews Protest !

Israelis who Refuse to Serve in the Military
American Jews shutdown Israeli Consulate

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January 30, 2009 Posted by | GeoPolitics | , , , , | 25 Comments

What’s not to Like about Gold ?

Money Supply Explosion !
  • The above Glenn Beck video illustrates clearly what kind of terrifying deep shit hole we are all in. The FedRes has undoubtedly outdone themselves and the entire world too. No right minded individual who understands economics can remain positive. Printing so much money out of thin air means : Currency Devaluation !
     
  • I find it hard to believe that the FedRes is not out to debase the currency. It is grossly overvalued. In other words, the real intention of the FedRes is to devalue the USD and inflate away the government debts, banksters’ debts and all American debts I suppose.
     
  • What this means is: massive hyperinflation will kick in. How does this voodoo economic magic work? Imagine you owe US$10 T  and your current asset is worth only US$250B. When hyperinflation kicks in, prices will rise astronomically but your debts are still US$10T. Eventually your asset will rise in price say to US$10T . Hey presto! You are now solvent. Of course I am simplifying this a bit. But it is essentially true.
     
  • When hyperinflation kicks in, your salary say US$100K/year will become US$1T/year rapidly. So servicing a debt of US$10T is less of a problem.
     
  • Of course what this means is : the USD will become worthless! A loaf of bread will cost US$1B. And the price of Gold will soar. Gold is money! Gold is currency anywhere in the world !
     
  • We now have people coming out and saying the bank bailout will cost up to US$ 4T. Really? A figure of US$40T is more believable looking at all the derivatives exposure (US$512T derivatives market). Anyway, CNBC says in Bank Bailout Could Cost Up to $4 Trillion: Economists :
      
    The cost of restoring confidence in U.S. financial firms may reach $4 trillion if President Barack Obama moves ahead with a “bad bank” that buys up souring assets.
     
    The figure far exceeds even the most pessimistic estimates of how great the loan losses might be because there is so much uncertainty about default rates, which means the government may need to take on a bigger chunk of bank debt to ease concerns.
      ……
    Goldman Sachs estimated that it would take on the order of $4 trillion to buy troubled mortgage and consumer debt. That number could shrink if the program were limited to only certain loans or banks, but it could also grow if other asset classes such as commercial real estate loans were included.
     
    New York Sen. Charles Schumer has said that a number of experts thought that up to $4 trillion may be needed to buy the bad assets, an estimate that a Senate aide said was based on informal conversations with people in the industry. The Wall Street Journal said government officials had discussed spending $1 trillion to $2 trillion to help restore banks to health, citing people familiar with the matter. At $4 trillion, that would be the equivalent of nearly 1/3 of U.S. gross domestic product. If the government had to fund that amount by issuing additional debt, it would intensify investor concerns about massive supply scaring off demand.
       
  • Americans are going to have US$4T of debt shove down their throats. That does not include the stimulus plan of US$825 B and ….whatever. It is about 40% of GDP. Are they out of their freaking mind?? Hyper inflating away the debts does not look so dumb right? If all of us each earn US$1T/year, US$4T does not look like a large figure.
     
  • Larry Edelson writes in Exploding Gold Demand as Governments Print Money :
     
    The U.S. banking system is toast. It’s bankrupt in every sense of the word and in every number you can imagine.Don’t kid yourself. Citibank, Bank of America, Washington Mutual, you name the bank — are broke. Insolvent! The entire U.S. banking system — dead broke.That’s why authorities in Washington are panicking, creating money out of thin air. Mind you, it’s the only thing they can do!
     
    But be aware of the consequences: Eventually, the purchasing power of the dollar — indeed all currencies — is going to fall dramatically. Even more so because …
     
    The U.S. Government is also broke. I’m constantly amazed at how so few people … so few analysts ask the question, “Where is all the money going to come from to bail out the banking system and the economy?” Simple — Washington and the Federal Reserve can create UNLIMITED amounts of money and credit. But again, think of the implications of creating more debt to pay off existing debt … printing more paper money to circulate in the economy … spending trillions of previously non-existent dollars to try and stimulate the economy.
     
    Then printing still trillions more to save the banking system … to pay off eventual Social Security obligations as they come due … to pay Medicare liabilities … to fund failing pensions … and more. Either way — compared to an asset whose supply is strictly limited, like gold — the value of current money must and will decline. There’s no question about it.
      …..
    The giant government bond market is now also collapsing. In just the past six weeks, the prices of long-term U.S. Treasury bonds have plunged more than 12 full points — wiping out almost six years of interest income for investors holding bonds. Why? Because investors who panicked and flocked to the relative safety of long-term government bonds are now beginning to realize that bonds are about the worst investment one can make right now — for all the reasons I just cited. 
      ….
    Gold has now closed above the important $879 level. Its next important level is $929. Once gold closes above $929 — new record highs will be forthcoming. Now I ask you again, “What’s not to like about gold?!” 
     
  • So what’s not to like about Gold? The safe haven and real money for thousands of years! Greenlight Founder Takes Grandfather’s Advice on Gold : 
     
    Greenlight Capital Inc. founder David Einhorn is finally taking his grandfather’s advice. The $5.1 billion hedge fund is buying gold for the first time amid the threat of inflation from increased government spending.
     
    Since Einhorn was 10 years old, his grandfather has warned him that investing in bullion and gold-mining stocks was the only “sensible” thing to do given the threat of inflation and the risks of so-called fiat currencies, New York-based Greenlight said in a Jan. 20 letter to clients. The firm had never before considered buying bullion or mining-company shares. 
     
  • See also :
     
    Massive US Dollar Devaluation Against Gold During 2009
    Gold Rush Worldwide!
    Obama, Roosevelt, Gold Confiscation and Dollar Devaluation
    Economic Depression and Gold

Disclaimer – I am not a financial advisor. This is not an advice to buy, sell or hold any stocks or bonds or any precious metals.
 
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January 30, 2009 Posted by | Economics | , , , , , , , | 10 Comments

Steve Quayle on Black Ops, UFOs, Nephilims and the Bible

http://watchman42.blip.tv

  • Dr Bill Deagle interviews Steve Quayle – Author, Radio Talk show host, researcher and web master (www.stevequayle.com). Steve Quayle has written a few books about the Nephilims or Giants of Genesis 6 of the Bible. They are thoroughly researched and gives historical documentation on giants all over the earth in ancient times. See his website : Genesis 6 Giants (Nephilims) .
     
  • In this interview Steve Quayle talks about Black Ops whistle blowers who reveal the extent of their knowledge on Giants, UFO technology and gives his Christian perspective on it. Was a 12 feet giant killed in Afghanistan and secretly transported back to America using the C130 Hercules military plane recently? This giant was allegedly weighed at 1250 pounds by the crew and had 6 fingers on each hand. Steve also reveals some pretty interesting stuff about the state of the secret Black Ops technology. Are all these true ? Judge for yourself.
     
  • The bible has some pretty unusual verses that are rather interesting. Genesis 6: 1-4 says :
     
    1 Now it came to pass, when men began to multiply on the face of the earth, and daughters were born to them, 2 that the sons of God saw the daughters of men, that they were beautiful; and they took wives for themselves of all whom they chose.
    3 And the LORD said, “My Spirit shall not strive with man forever, for he is indeed flesh; yet his days shall be one hundred and twenty years.” 4 There were giants on the earth in those days, and also afterward, when the sons of God came in to the daughters of men and they bore children to them. Those were the mighty men who were of old, men of renown. 
     
  • The above verses imply that giants (in the original – Nephilims) are the progeny of the union between fallen angels and women. The actual word is Nephilim, although it is translated as giants here. These Nephilims had the characteristic of gigantic size. The verses say that there were giants both before and after the Genesis flood. These giants were “renown”  ie infamous.
     
  • There is the another view that the sons of God were not angels. But I tend to accept the traditional historical, original old view that they were indeed fallen angels. For more on this issue see : Sons of God, Daughters of Men .
     
  • Verse 2 also seems to suggest that these fallen angels took forcibly or abducted any women they chose to be their wives for the sake of having children. Why do we hear so much about alien abductions nowadays? If you were to read the cases, practically all of them talk about abduction, experiments with sexual organs or sexual insemination and impregnation. In cases of women: production of  ‘Alien Hybrid’ children. Is this so called modern phenomenon really what is being described in Genesis 6 ?
     
  • Many researchers (not necessarily Christians) have come to the conclusion that the ‘Alien Abduction’ phenomenon is the demonology of old. For eg. :
     
    “UFO behaviour is more akin to magic than to physics as we know it … the modern UFOnauts and the demons of past days are probably identical.”
    -Dr. Pierre Guerin, FSR Vol. 25, No. 1, p. 13-14
     
    “The UFO manifestations seem to be, by and large, merely minor variations of the age-old demonological phenomenon…”
    - John A. Keel, UFOs: Operation Trojan Horse, p. 299
     
    “The ‘medical examination’ to which abductees are said to be subjected, often accompanied by sadistic sexual manipulation, is reminiscent of the medieval tales of encounters with demons. It makes no sense in a sophisticated or technical framework: any intelligent being equipped with the scientific marvels that UFOs possess would be in a position to achieve any of these alleged scientific objectives in a shorter time and with fewer risks.”
    - Dr. Jacques Vallee, Confrontations, p. 13
     
    “I wondered if I might not be in the grip of demons, if they were not making me suffer for their own purposes, or simply for their enjoyment.”
    - Whitley Strieber, Transformation, p. 172 
     
  • Other interesting verses in the bible,  Daniel 2:41-43  :
     
    41 Whereas you saw the feet and toes, partly of potter’s clay and partly of iron, the kingdom shall be divided; yet the strength of the iron shall be in it, just as you saw the iron mixed with ceramic clay. 42 And as the toes of the feet were partly of iron and partly of clay, so the kingdom shall be partly strong and partly fragile. 43 As you saw iron mixed with ceramic clay, they will mingle with the seed of men; but they will not adhere to one another, just as iron does not mix with clay.
     
  • The final world empire will be one of ‘clay and iron’. “they will mingle with the seed of men” – this suggests 2 races, 1 quite obviously the seed of men ie humanity. But what is the other race that will mingle with the seed of men? Could it be the serpent seed – the Satanic bloodline? Could all these ‘Alien Hybrids’ be it ?? It seems quite clear to me that we are in the Days of Noah, Matthew 24:37-38 :
     
    37 But as the days of Noah were, so also will the coming of the Son of Man be. 38 For as in the days before the flood, they were eating and drinking, marrying and giving in marriage, until the day that Noah entered the ark, 
       
  • The defining characteristic of the Days of Noah is found in Genesis 6. A worldwide corruption of the human race genetically. No doubt the clear intent is to destroy the human race (and the messianic line in the past). 
     
  • Keep in mind also Revelation 12 : 7-9 ,
     
    7 And war broke out in heaven: Michael and his angels fought with the dragon; and the dragon and his angels fought, 8 but they did not prevail, nor was a place found for them in heaven any longer. 9 So the great dragon was cast out, that serpent of old, called the Devil and Satan, who deceives the whole world; he was cast to the earth, and his angels were cast out with him. 
     
  • We know that Satan and his fallen angels will be cast down to earth. Earth will in fact be their prison. They will not be able to return to heaven as in the past. Could all these Alien UFO sightings be no more than fallen angels being cast out of heaven to earth? The war in heaven, like any war will last some period of time. So in stages all these fallen angels are being defeated and cast out of heaven onto earth. What do you think? We cannot be absolutely certain for now. But I believe, in the near future it will more than likely be proven correct.

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January 30, 2009 Posted by | EndTimes, History | , , | 31 Comments

   

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