- Marc Faber gives very sound advice. The stock market is looking like it is forming a mountain top. The downside risk is significant ! Even if the EU bailout Greece, it simply means they will have to bailout the rest of the PIIGS. The debt to GDP is at a dangerous level such that these debts will never be repaid. The reality is: the world is heading towards a financial, economic and monetary collapse! CNBC reports:
Investors should buy some gold every month “forever” or look to emerging market stocks rather than US shares, Marc Faber, editor of The Gloom, Boom & Doom Report, told CNBC.
“(Gold’s) quantity cannot increase at the same rate as you can print money, which will eventually weaken the US dollar,” Faber said on Thursday in a live interview. “I’m not saying that the dollar will go straight away down because other currencies like the euro are even worse at the present time,” he added. “But eventually if you print money, the purchasing power will lose [value].”
Faber also said he believes Greece will be bailed out indirectly by the European Central Bank, but the plan won’t succeed. He sees other European countries following the same path.
“Other counties like Spain and Portugal will also have to be bailed out eventually, and it will lead to more monetization in Europe, one of the reasons why the euro has been so weak,” he said.
“The pain of the austerity will be very burdensome on Greece,” he added. “And eventually the economy can’t grow with the kind of budget they will have to enact and under these conditions, their currency is way overvalued.” Meanwhile, the US Federal Reserve will eventually have to bail out some states such as Illinois and California, he said.
“If you compare the Depression years, we didn’t have credit cards and we didn’t have unfunded liabilities from Social Security, Medicare, and Medicaid,” he explained. “In other words, in 10 years time, between 30 to 50 percent of tax revenues will be spent on interest payments on the government debt…and that will lead to a weak dollar.”
- This is clearly a warning sign of imminent danger. It is widely known that animals can sense earthquake many days in advance. Cats and dogs are known to disappear from their homes, 3-4 days in advance of an earthquake. Some people take the rise in the ‘missing pets’ advertisements in newspapers as a very good indicator of impending earthquakes. The Telegraph UK reports:
4 March 2010 – Japan is bracing itself after dozens of rare giant oarfish – traditionally the harbinger of a powerful earthquake – have been washed ashore or caught in fishermen’s nets.
The appearance of the fish follows Saturday’s destructive 8.8 magnitude earthquake in Chile and the January 12 tremors in Haiti, which claimed an estimated 200,000 lives. A quake with a magnitude of 6.4 has also struck southern Taiwan.
This rash of tectonic movements around the Pacific “Rim of Fire” is heightening concern that Japan – the most earthquake-prone country in the world – is next in line for a major earthquake. Those concerns have been stoked by the unexplained appearance of a fish that is known traditionally as the Messenger from the Sea God’s Palace.
The giant oarfish can grow up to five metres in length and is usually to be found at depths of 1,000 metres and very rarely above 200 metres from the surface. Long and slender with a dorsal fin the length of its body, the oarfish resembles a snake.
In recent weeks, 10 specimens have been found either washed ashore or in fishing nets off Ishikawa Prefecture, half-a-dozen have been caught in nets off Toyama Prefecture and others have been reported in Kyoto, Shimane and Nagasaki prefectures, all on the northern coast.
According to traditional Japanese lore, the fish rise to the surface and beach themselves to warn of an impending earthquake – and there are scientific theories that bottom-dwelling fish may very well be susceptible to movements in seismic fault lines and act in uncharacteristic ways in advance of an earthquake – but experts here are placing more faith in their constant high-tech monitoring of the tectonic plates beneath the surface.
“In ancient times Japanese people believed that fish warned of coming earthquakes, particularly catfish,” Hiroshi Tajihi, deputy director of the Kobe Earthquake Centre, told the Daily Telegraph. “But these are just old superstitions and there is no scientific relationship between these sightings and an earthquake,” he said.
- Many people find it difficult to accept that the government will actually commit crimes against their own populace. It is understandable, we all like to believe that our elected officials are serving the people for the good of the nation. The historical records speak otherwise. The ruling class has always had a disdain for the governed. They consider the sheeple as mere serfs to be exploited to satisfy their need for money, power and control. When you look into American history, it says the same thing.
- America is unique in the sense that it had great founding fathers. People who were larger than life and who were willing to lay down their lives to fight for freedom and justice for the sheeple. Take Abraham Lincoln:
“The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy, and more selfish than bureaucracy. It denounces as public enemies, all who question its methods or throw light upon its crimes… As a result of the war, corporations have been enthroned and an era of corruption in high places will follow, and the money powers of the country will endeavor to prolong it’s reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed.”
- Americans have largely forgotten their history: how brave patriots fought against the money power, banksters. These banksters have taken over America and are in the process of completing their global fascist police state plan. America as we know it, will not be recognizable in the coming decade. This is the rise of the ‘msytery Babylon whore’ as prophesied in the Bible.
Revelation 17:5-6 (New King James Version)
5 And on her forehead a name was written:
MYSTERY, BABYLON THE GREAT, THE MOTHER OF HARLOTS AND OF THE ABOMINATIONS OF THE EARTH.
6 I saw the woman, drunk with the blood of the saints and with the blood of the martyrs of Jesus. And when I saw her, I marveled with great amazement.
- Thomas Jefferson reminds us about the evil banksters:
“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.”
- Were crimes committed by insiders in the US government during 9/11? I judge this to be highly probable. Professors Peter Phillips and Mickey Huff opines:
State Crimes Against Democracy (SCAD)
…. Professor Lance deHaven-Smith from Florida State University writes that SCADs involve highlevel government officials, often in combination with private interests, that engage in covert activities for political advantages and power. Proven SCADs since World War II include McCarthyism (fabrication of evidence of a communist infiltration), Gulf of Tonkin Resolution (President Johnson and Robert McNamara falsely claimed North Vietnam attacked a US ship), burglary of the office of Daniel Ellsberg’s psychiatrist in effort to discredit Ellsberg, the Watergate break-in, Iran-Contra, Florida’s 2000 Election (felon disenfranchisement program), and fixed intelligence on WMDs to justify the Iraq War.1
Other suspected SCADs include the assassination of Lee Harvey Oswald, the shooting of George Wallace, the October Surprise near the end of the Carter presidency, military grade anthrax mailed to Senators Tom Daschle and Patrick Leahy, Martin Luther King’s assassination, and the collapse of World Trade Center Building 7 on September 11, 2001. The proven SCADs have a long trail of congressional hearings, public records, and academic research establishing the truth of the activities. The suspected SCADs listed above have substantial evidence of covert actions with countervailing deniability that tend to leave the facts in dispute.2
The term “conspiracy theory” is often used to denigrate and discredit inquiry into the veracity of suspected SCADs. Labeling SCAD research as “conspiracy theory” is an effective method of preventing ongoing investigations from being reported in the corporate media and keep them outside of broader public scrutiny. Psychologist Laurie Manwell, University of Guelph, addresses the psychological advantage that SCAD actors hold in the public sphere. Manwell, writing in American Behavioral Scientist (Sage 2010) states, “research shows that people are far less willing to examine information that disputes, rather than confirms, their beliefs . . . pre-existing beliefs can interfere with SCADs inquiry, especially in regards to September 11, 2001.”3
Professor Steven Hoffman, visiting scholar at the University of Buffalo, recently acknowledged this phenomenon in a study “There Must Be a Reason: Osama, Saddam and Inferred Justification.” Hoffman concluded, “Our data shows substantial support for a cognitive theory known as ‘motivated reasoning,’ which suggests that rather than search rationally for information that either confirms or disconfirms a particular belief, people actually seek out information that confirms what they already believe. In fact, for the most part people completely ignore contrary information.”4
Sometimes even new academic research goes largely unreported when the work contradicts prevailing understandings of recent historical events. A specific case of unreported academic research is the peer reviewed journal article from Open Chemical Physics Journal (Volume 2, 2009), entitled “Active Thermitic Material Discovered in Dust for the 9/11 World Trade Center Catastrophe.” In the abstract the authors write, “We have discovered distinctive red/gray chips in all the samples. These red/gray chips show marked similarities in all four samples. The properties of these chips were analyzed using optical microscopy, scanning electron microscopy (SEM), X-ray energy dispersive spectroscopy (XEDS), and differential scanning calorimetry (DSC). The red portion of these chips is found to be an unreacted thermitic material and highly energetic.” Thermite is a pyrotechnic composition of a metal powder and a metal oxide which produces an aluminothermic reaction known as a thermite reaction and is used in controlled demolitions of buildings.5
National Medal of Science recipient (1999) Professor Lynn Margulis from the Department of Geosciences at the University of Massachusetts at Amherst is one of many academics who supports further open investigative research in the collapse of the World Trade Center towers. Margulis recently wrote in Rock Creek Free Press, “all three buildings were destroyed by carefully planned, orchestrated and executed controlled demolition.”6 Richard Gage, AIA, architect and founder of the non-profit Architects & Engineers for 9/11 Truth, Inc. (AE911Truth), announced a decisive milestone February 19, 2010 at a press conference in San Francisco, CA. More than 1,000 architects and engineers worldwide now support the call for a new investigation into the destruction of the Twin Towers and Building 7 at the World Trade Center complex on September 11, 2001.7
Credible scientific evidence brings into question the possibility that some aspects of the events of 9/11 involved State Crimes Against Democracy. Psychologically this is a very hard concept for Americans to even consider. However, ignoring the issue in the context of multiple proven SCADs since World War II seems far more dangerous for democracy than the consequences of future scientific inquiry and transparent, fact-based investigative reporting. Anything short of complete, open discourse based on all the evidence about these critical issues in our society relating to the possible continuation of SCADs is simply a matter of censorship.8
Peter Phillips is professor of sociology at Sonoma State University, President of Media
Freedom Foundation/Project Censored, former director of Project Censored, and coeditor
of Censored 2010.
Mickey Huff is associate professor of history at Diablo Valley College, Director of
Project Censored/Media Freedom Foundation, and co-editor of Censored 2010.
As seen in this revealing photo, the Twin Towers’ destruction exhibited all of the characteristics of destruction by explosives: (and some non-standard characteristics)
|1.||Destruction proceeds through the path of greatest resistance at nearly free-fall acceleration|
|2.||Improbable symmetry of debris distribution|
|3.||Extremely rapid onset of destruction|
|4.||Over 100 first responders reported explosions and flashes|
|5.||Multi-ton steel sections ejected laterally 600 ft at 60 mph|
|6.||Mid-air pulverization of 90,000 tons of concrete & metal decking|
|7.||Massive volume of expanding pyroclastic-like clouds|
|8.||1200-foot-dia. debris field: no “pancaked” floors found|
|9.||Isolated explosive ejections 20 – 40 stories below demolition front|
|10.||Total building destruction: dismemberment of steel frame|
|11.||Several tons of molten metal found under all 3 high-rises|
|12.||Evidence of thermite incendiaries found by FEMA in steel samples|
|13.||Evidence of explosives found in dust samples|
|14.||No precedent for steel-framed high-rise collapse due to fire|
|And exhibited none of the characteristics of destruction by fire, i.e.|
|1.||Slow onset with large visible deformations|
|2.||Asymmetrical collapse which follows the path of least resistance (laws of conservation of momentum would cause a falling, intact, from the point of plane impact, to the side most damaged by the fires)|
|3.||Evidence of fire temperatures capable of softening steel|
|4.||High-rise buildings with much larger, hotter, and longer lasting fires have never “collapsed”|