Socio-Economics History Blog

Socio-Economics & History Commentary

Bob Chapman: Iran, WW3 & Ron Paul !

January 16, 2012 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , | Comments Off

CNN Reporter is Criticized for Paul Hit Piece!

January 16, 2012 Posted by | GeoPolitics, Social Trends | , , , | Comments Off

Rick Sanchez: “There is a Huge Problem with Journalism in The United States”!

Western MSM !

January 16, 2012 Posted by | Social Trends | , , , , | Comments Off

Israel And GOP Join Forces To Oust Obama!

January 16, 2012 Posted by | GeoPolitics, Social Trends | , , , , , , , , , | Comments Off

Peter Schiff: S&P Downgrades, Dollar, Debt, Trade, The FedRes …

January 16, 2012 Posted by | Economics | , , , , , , , , , , | Comments Off

After a Brief Seasonal Break, The Euro Crisis is Back in Full Force!

  • After a brief seasonal break, the euro crisis is back in full force! 
    By , http://www.telegraph.co.uk/
    There’s no such thing as a good downgrade. No matter how brave a face the French put on Standard & Poor’s cut to its credit worthiness, they cannot brush off the loss of their AAA rating.
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    It may now be on the same rating as the US, but its outlook is completely different. America was able to ignore its downgrade last year because, as the world’s reserve currency, investors kept buying its bonds sure that if necessary, the Federal Reserve would always print money to pay the bills. The same is true of the UK, although when our AAA rating was under threat in May 2009, we took credible action to retain it after the 2010 election.
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    France, however, borrows in a foreign currency and dances to the tune of a foreign central bank, so its risk of default is more than just theoretical. The downgrade will make any eurozone bail-out using the European Financial Stability Facility, whose own credit rating is related to that of France among others, yet more expensive. The whole eurozone edifice is that little   bit more risky as a result.
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    Losing its gold-plated rating also gives French socialist leader Francois Hollande more ammunition and makes his victory in this year’s presidential election more likely.
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    Clearly creditors will take a view on how serious a socialist government will be about UK-style, triple A austerity and quite possibly push France’s cost of borrowing up even more. Equally likely under Hollande is a rift between Paris and Berlin, rocking the Franco-German axis that has so far kept the eurozone together making it even harder to attract buyers for eurozone debt. The downgrade may also exert further downward pressure on the euro, making the dollar denominated debt of eurzone companies more burdensome.
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    … for more click here!

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January 16, 2012 Posted by | Economics | , , , , , , , , , , , | Comments Off

Eurozone Back on The Brink as France Has Credit Rating Downgraded !

Coming but not yet ! 3Q2012??

  • Things will get progressively worse until the entire financial system collapses! Practically all major western banks are bankrupt! Got physical gold yet?
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    Eurozone back on the brink as France has credit rating downgraded! 
    By , http://www.telegraph.co.uk/ 
    The eurozone crisis entered a dangerous new phase as France and eight other European countries had their credit ratings downgraded.
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    Stock markets and the single currency fell sharply as Standard and Poor’s cut France’s AAA rating. Italy saw its long-term rating drop by two notches, along with Spain, Portugal and Cyprus. Austria, Malta, Slovakia, and Slovenia had their ratings lowered by one notch. The move triggered a backlash from European politicians and led to calls for Britain to be downgraded too.
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    It represents a further loss of confidence in the single currency and the European Union’s ability to rescue indebted eurozone members. The Treasury believes that any collapse of the euro could seriously damage the British economy and banking system, pushing the UK back into a deep recession. The agency’s move also threatens to torpedo the main European bail-out fund set up to support struggling countries such as Greece and Portugal.
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    There are growing fears that Greece, which was not reassessed, is edging closer to defaulting on its debts and being forced out of the single currency. Talks between the country and its creditors were put on hold. There was no change for Germany, the Netherlands, Ireland, Belgium, Estonia, Finland or Luxembourg.
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    The blow to France is the most significant. It has held a AAA rating since 1975. As well as hurting national pride, the lower rating will inevitably mean the country faces higher borrowing costs. It will also affect the eurozone bail-out fund, which is at the heart of efforts to ease fears about the currency bloc, as France is partly responsible for underwriting it.
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    Those worries pushed the single currency to its lowest value against the US dollar since mid-2010. The euro also fell against the pound to 82.9 pence.
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    … for more click here!

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January 16, 2012 Posted by | Economics | , , , , , , , | Comments Off

Greece Gets Closer To Brink of Bankruptcy!

Above, lightning over the Parthenon temple, on the Acropolis hill in Athens. Photograph: Petros Giannakouris/AP

  • This coming global economic, financial and monetary collapse is a staged, controlled, step by step planned event. It will start  in the PIIGS, spread to UK, rest of EU, Japan …. and finally America. Along the way, the rest of the world will also collapse. To make doubly sure that the entire globe will be engulfed in cataclysm, the Illuminists will start their war against Iran ie. – the Beginning of World War 3! I expect China (and Asia) will be extremely hard hit by escalating oil prices and rising unemployment.
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    Greece gets closer to brink of bankruptcy! 
    By , http://www.telegraph.co.uk/
    Fears are mounting that Greece could be the first European country to default on its debt in 60 years, as the country gears up to salvage collapsed talks over bond repayments on Wednesday. Three months of negotiations ground to a halt on Friday night, amid a wave of downgrades by ratings agency Standard & Poor’s aimed at a clutch of European countries, including France.
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    The unexpected breakdown in talks between Greece and its private-sector creditors has taken the country a step closer to bankruptcy after a failure to sign up lenders to a voluntary and “orderly” 50pc haircut to their holdings. Greece’s finance minister Evangelos Venizelos said talks would resume on Wednesday to “bridge differences” but insiders remained sceptical that a   deal could be stitched at such a late stage.
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    The clock is ticking for Greece, as a deal must be reached before March 20, when the country is due to receive a further €130bn (£107bn) bail-out tranche from the International Monetary Fund and must make a key €14.5bn bond payment.
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    The problem centres on the difference between lenders agreeing to a “voluntary” and orderly default – which would mean swapping into bonds with a lower value – and lenders refusing terms, which would cause a default.
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    … for more click here!

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January 16, 2012 Posted by | Economics | , , , , , , , , , , , , | Comments Off

Lindsey Williams: 2012 – The 5 Agendas of The Illuminist Elites! Dollar Devaluation & The Single World Currency Endgame!

Hyper-inflation and devaluation of USD vs Gold ?!

January 16, 2012 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , | 1 Comment

U.S.-Israeli Assault on Iran Escalates – Danger of War Grows!

  • Why would any sane person seek a war with Iran? Oil prices will rocket 2-3x and the world economy will collapse. The people behind this insane war plan are Illuminists. They want a world war, global economic / financial / monetary collapse … the destruction of the current world order … the sowing of chaos, violence, collapse of society, famine, diseases ….etc. They are simply laying the foundation for the coming of their fake messiah, the Anti-Christ, the bringer of false peace, the white horseman of Revelation 6. These people are genocidally insane. Their world view is a blasphemous reality of the mentally ill – Satanism! Order Out of Chaos!
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    U.S.-Israeli Assault on Iran Escalates – Danger of War Grows! 
    by Larry Everest, http://globalresearch.ca/ 
    The danger of a U.S.-Israeli war on Iran is escalating rapidly. The U.S. and its allies are ramping up their all-around assault on Iran, including new crippling sanctions, and openly threatening to attack. Ground is being laid daily in the headlines and statements by politicians of every stripe in mainstream U.S. politics calling for aggression against Iran—all justified by unsubstantiated assertions that Iran is pursuing nuclear weapons.
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    Whether or not Iran is pursuing nuclear weapons technology (and there is no proof it is), this U.S. imperialist narrative and framework is an outrageous effort to turn reality upside down—the reality of which of the clashing oppressive forces in the region is the dominant threatening oppressor and bully.
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    Iran is a non-nuclear, Third World country. The U.S. is the world’s most powerful nuclear weapons state—with over 4,000 warheads.  It’s the only country to ever use nuclear weapons, killing 150,000-240,000 people in the 1945 bombings of Hiroshima and Nagasaki in Japan (with many more dying of the effects of radiation for years after). It’s the main backer of the one country in the Middle East that actually does have nuclear weapons—Israel.
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    Now the U.S. and its allies have launched a massive, all-around campaign of aggression against Iran in the name of stopping the spread of nuclear weapons. These weapons are horrible, and they should be banished from the earth. If the U.S. rulers were really against these tools of mass murder they’d insist everyone get rid of them—but they’re not. They and their media mouthpieces aren’t saying word one about getting rid of their nukes, or Israel’s nukes, or Britain or France’s nukes.
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    Instead, the U.S. and its allies are threatening war over the possibility that Iran could get a bomb, a war that would be terrible for the people of the world. In a 2006 statement, Kurt Gottfried, Chairman of the Union of Concerned Scientists, and emeritus professor of physics at Cornell University, said: “The [Bush] administration is reportedly considering using the B51-11 nuclear ‘bunker buster’ against an underground facility near Natanz, Iran. The use of such a weapon would create massive clouds of radioactive fallout that could spread far from the site of the attack, including to other nations. Even if used in remote, lightly populated areas, the number of casualties could range up to more than a hundred thousand, depending on the weapon yield and weather conditions.” And any attack by the U.S. and Israel on Iran would be military aggression to preserve their military dominance—including their nuclear monopoly—in the Middle East. There is absolutely no justice in anything the U.S. is doing in pursuit of this criminal goal.
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    The last half of December saw a sharp spike in the U.S.-led assault on Iran’s Islamic Republic. On December 31, President Obama signed a defense authorization bill that included by far the harshest sanctions the U.S. and its allies have yet imposed on Iran. These new sanctions target Iran’s oil exports (which account for well over half of government revenues) for the first time, as well as its financial sector. (One provision calls for punishing foreign firms and banks which purchase Iranian oil, including through its central bank.)

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    In late December, with these new sanctions looming, Iran staged large-scale naval maneuvers in the Persian Gulf and the commander of Iran’s naval forces declared, “Closing the Strait of Hormuz [the narrow chokepoint at the mouth of the Gulf through which one-fifth of the oil traded on the world market flows] is very easy for Iranian naval forces.” The U.S. Fifth Fleet, stationed in Bahrain (directly across the Persian Gulf from southern Iran), immediately warned that “any disruption” to shipments through the Gulf “will not be tolerated,” adding that “The U.S. Navy is a flexible, multi-capable force … always ready to counter malevolent actions to ensure freedom of navigation.”
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    This latest U.S. saber-rattling comes after several months of escalating actions and rhetoric directed against Iran, including open threats of war.
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    In early November, 2011, Prime Minister Benjamin Netanyahu and Defense Minister Ehud Barak were reportedly actively “trying to muster a majority in the cabinet in favor of military action against Iran.” A few days later, Israeli President Shimon Peres warned that such an attack was becoming increasingly likely. (“Netanyahu trying to persuade cabinet to support attack on Iran,” Haaretz, November 2, 2011)
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    … for more click here!


“ … it turns out the creation of Israel had not, after all, been a haphazard fight in which the Arabs fled their homes at the directives of their own leaders, but it had been an unprovoked, systematic campaign of ethnic cleansing by the Jewish militia involving massacres, terrorism and the wholesale looting of an entire nation.” - from 4:22 onwards

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

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January 16, 2012 Posted by | EndTimes, GeoPolitics | , , , , , , , | Comments Off

Putin Ally Fears Israel is Pushing U.S. Towards Iran War!

  • The Zionist NeoCons are driving the Americans to attack Iran. Who is the bigger fool in this play? Iran, US or Zionist ’666′ Israel? All wars are based on deception – Sun Tzu. The biggest threat to the coming Luciferian New World Order centred in America 2.0 and EU 2.0 is not Iran. It is the genocidal, nuclear armed, war mongering and totally out of control country of Zionist ’666′ Israel. Militarily, Iran is of no real threat to America or EU. With something like 10,000 nuclear bombs, the west can annihilate Iran in 10 minutes!
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  • The bigger, brainwashed, deceived useful idiots are the Zionists. They will be used to fight the Muslim world since they love war so much. And at the end of it, Zionist ’666′ Israel will be destroyed ! It is all part of the Satanic World War 3 Plan! Keep in mind that Zionist ’666′ Israel is not the Israel of the Bible. It is a Satanic counterfeit !
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    The Third World War must be fomented by taking advantage of the differences caused by the “agentur” of the “Illuminati” between the political Zionists and the leaders of Islamic World. The war must be conducted in such a way that Islam (the Moslem Arabic World) and political Zionism (the State of Israel) mutually destroy each other. ….
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  • Putin ally fears Israel is pushing U.S. towards Iran war!  (emphasis mine)
    by Gleb Bryanski | Reuters
    MOSCOW (Reuters) – Russia fears Israel will push the United States into a military conflict with Iran which could retaliate by blocking oil shipments from the Gulf, a confidant of Prime Minister Vladimir Putin said.
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    “There is a likelihood of military escalation of the conflict, towards which Israel is pushing the Americans,” Nikolai Patrushev, who heads the Kremlin’s Security Council, told Interfax news agency.
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    Patrushev, a former head of the main successor to the Soviet-era KGB, said Tehran could respond by blocking the Strait of Hormuz between Oman and Iran, through which 35 percent of the world’s seaborne traded oil passes.
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    “It cannot be ruled out that the Iranians will be able to carry out their threat to shut exports of Saudi oil through the Strait of Hormuz if faced with military actions against them,” Patrushev said in an interview published on Thursday.
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    Tension over Iranian uranium enrichment, which has moved to a mountain bunker better protected from possible air strikes, has raised fears for world oil supplies and even of war.
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    Iran says its nuclear programme is peaceful while Western powers believe it has military aims. Israel, which sees an Iranian atom bomb as a threat to its existence, is willing to attack Iranian nuclear sites with or without U.S. backing.
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    However, Patrushev said there was still no proof that Iran was on the brink of creating nuclear weapons. “Talk about Iran creating an atomic bomb by next week we have heard for many years,” he said, adding that the United States was trying to topple the Iran’s leadership using “all available means” to make the country into “a loyal partner.”
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    Russia, the world’s biggest energy producer, opposes further U.N. Security Council sanctions over Tehran’s nuclear programme and has sharply criticised U.S. and European Union sanctions. The United States has said it would use force if Iran carried out its threat to block the strait and moved a new aircraft carrier strike group to the Arabian Sea this week.

Revelation 2:9 - .... and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

end

January 16, 2012 Posted by | GeoPolitics | , , , , , , , | Comments Off

Rogozin: Any Conflict on Iran is a Direct Threat to Russia’s Security!

  • War with Iran is very likely the start of World War 3! Both Russia and China will not sit idly by while their security are threatened. The big loser when Iran falls to the Anglo-American-Zionist west is China. China’s oil security will be in tatters. All the major oil supplier except Iran and Venezuela are controlled by the Illuminist west!
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    Any conflict on Iran is a direct threat to Russia’s security – Rogozin! 
    by http://rt.com/ 
    The escalating conflict around Iran should be contained by common effort, otherwise the promising Arab Spring will grow into a “scorching Arab Summer,” says Dmitry Rogozin, Russia’s former envoy to NATO.
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    ­“Iran is our close neighbor, just south of the Caucasus. Should anything happen to Iran, should Iran get drawn into any political or military hardships, this will be a direct threat to our national security,” stressed Rogozin.
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    Dmitry Rogozin, who served as Russia’s special envoy to NATO in 2008-2011, was appointed deputy prime minister by Vladimir Putin in December. On Friday he was bidding farewell to his NATO colleagues in the alliance’s headquarters in Brussels. As for Syria, if NATO persists in interfering in its affairs, a catastrophe will be hard to avoid, said Rogozin, talking to journalists on the premises of the Russian mission to the alliance.
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    The example of Libya should have cooled everybody down in matters dealing with foreign civil wars,” he said, stressing that this is his personal point of view.
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    Syria must be left alone and the sides to the conflict must be assisted in breaking the stand-off and starting negotiations. No one must interfere with Syria. This is dangerous,” added Rogozin.
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    The West’s attempts to improve democracy in the Middle East and North Africa have resulted in Islamists coming to power. It is now up to the West to decide how comfortable they feel with neighbors who determine their politics with Sharia law, says Rogozin.
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    If we add the escalating tensions around Iran to the situation in Syria and the consequences of the Libyan war, then the upcoming ‘scorching’ Arab Summer, which is following the Arab Spring, will hardly be to anyone’s taste.”
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    Russia’s response will make AMD ‘a waste of money’
    Despite his recent promotion, Rogozin is still in charge of Russia-NATO discussions on anti-missile defense (AMD) issues. A legal binding that the European and American missile defense systems will not target Russia has not been taken off the table, Rogozin pointed out.
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    It seems strange that it is Russia who is required to show flexibility. This is not our project. If an architect is building a house, it is up to him to offer a design which would not violate property rights, area design and neighbors’ interests. So it is our US colleagues who should demonstrate miraculous flexibility to ensure that their AMD system does not violate the interests of other countries if it is to be located in Europe.
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    Rogozin also called on European leaders to stop being “political puppets” in the AMD game, adding that everyone should stand for their own interests, not for some “Atlantic solidarity.” If Moscow’s position is ignored and the range of the US anti-missile defense system covers the European part of Russia, this will be considered a situation requiring defensive action.
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    I will certainly ensure Russia will give a corresponding technical response if the AMD system endangers our national interests. This will result in the American AMD being considered a waste of money,” said Rogozin.
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    Russia has everything needed to annihilate any attempt “to strip” its strategic potential, he added. This also means the era of imported weapons is coming to an end. In a farewell gesture, Rogozin said he was considering planting a tree in the alliance’s headquarters. Symbolically enough, this would be a poplar, or “topol” in Russian, which brings up associations with Russia’s modern intercontinental ballistic missiles Topol-M. But NATO replied that planting a tree within the headquarters perimeter “is not possible,” so the tree will have to be planted nearby.

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January 16, 2012 Posted by | GeoPolitics | , , , , , , | Comments Off

Keiser Report: Wall Street Gangsta!

  • RussiaToday: 
    Every week Max Keiser looks at all the scandal behind the financial news headlines. In this episode, Max Keiser and co-host Stacy Herbert discuss corruption with a clean face and Jamie “Spaghetti Face” Dimon. In the second half of the show, Max talks to investment adviser and blogger Michael Krieger about Ron Paul, the Fed and political futures.

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January 16, 2012 Posted by | Economics, GeoPolitics | , , , , , , , , , | 1 Comment

Ron Paul Warns: “They are Planning Through The IMF To Come Up With a World Currency … Controlled And Ruled by The UN & IMF !”

“They are planning through the IMF to come up with a World Currency to replace the dollar because the dollar will be replaced you just can’t keep printing them forever …. They wanna come up with another currency controlled and ruled by the United Nations and IMF ! “ – Quote: Ron Paul, 12 Jan 2012 at South Carolina.

  • I am not a conspiracy theorist. I deal with facts, documents and reality. Did I lie to you when I said the Illuminists plan a One World Currency (backed by gold) and a Global Supra-National Central Bank, most likely the IMF (with BIS as backup)?! This is exactly what Ron Paul is saying. If you cannot accept what I say, accept what Ron Paul says!
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  • The enactment of this plan will be centred in a re-engineered America 2.0 (Mystery Babylon Whore) and the EU 2.0 (The 10 Horn Beast, Revived Roman Empire). The Illuminists appear to be confident that 66%-70% of the countries/economies of the world will accept this New Monetary Hegemony initially ie. Anglo-America-Zionist west, ANZ, Singapore, Central America, Korea, Japan …etc. Those countries who refuse to submit to this new currency enslavement will be bombed to bits ie. War ! This is really what World War 3 is about – the coming Luciferian New World Order!
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  • The RFID microchipping of sheeple will begin in America 2.0 and reverberate across the globe. And Yes, all who refuse to accept will die, disappear, horizontalize, suicided ….etc. (The United Nations is owned/controlled by the Illuminati, seed of the serpent, 13 Satanic bloodlines. It is controlled by the Illuminati-CFR, banksters! Do not be taken for a ride!)

end

January 16, 2012 Posted by | Economics, EndTimes | , , , , , , , , , , | Comments Off

Eurozone Downgrade: Is Collapse Imminent?

  • The real objective of the Illuminists is not to save the Euro. But rather to save their banks! The rhetoric that ‘the collapse of the Euro will lead to the downfall of Europe’ is false. Yes, there will be hardship but a return to free-floating national currencies is the solution. The Euro is the cause of this crisis. One interest rate for 17 disparate nations with entirely different economies and budget policies is a stupid idea.
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  • The Illuminists will engineer the collapse of the Euro to bring about a global currency crisis. This is to lay the groundwork for their One World Currency, Global Supra-National Central Bank (IMF 2.0) and Luciferian New World Order. It is all a staged, scripted play. Do not be taken for a ride.
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    Eurozone downgrade: Is collapse imminent?   (emphasis mine)
    by http://rt.com/ 
    European leaders are rushing to contain the fallout after S&P downgraded nine of the seventeen eurozone members. But while many across Europe promise further reforms, is a eurozone breakup a done deal? ­Speaking with reporters and analysts after the cuts, Standard & Poor’s predicted a eurozone recession, saying that GDP could contract by 1.5 per cent in 2012.
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    France, the eurozone’s second largest economy, was downgraded from its AAA credit rating to AA+ and could face further cuts unless it manages to curb inflationary pressure on its debt and budget deficit. In response, the French Prime Minister Francois Fillon said on Saturday that his country would push ahead with cost-cutting measures in reaction to the S&P cut.
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    Apart from France, Austria, Malta, Slovakia and Slovenia were also downgraded one notch, while Cyprus, Italy, Spain and Portugal suffered double-notch declines. Austria, which lost its AAA rating, viewed the downgrade as a wake-up call to curb its debt and get its financial house in order.
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    However, other European nations strongly criticized Friday’s deluge of downgrades, arguing the move could hamper already embattled countries’ ability to borrow money, reduce debts, and avoid a deepening of the crisis.
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    But while German Chancellor Angela Merkel hoped the downgrade would spur the signing of a “financial compact” between member states that could help save the single currency, John Laughland, director of studies at the Institute for Democracy and Cooperation, told RT that Friday’s downgrade would go down as the beginning of the end for the euro.
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    “I think when the euro finally collapses as it will do surely, probably within the next year, we will see this day, this announcement, the downgrading of France, as having been one of the decisive moments, because it really is a sign that the markets are losing confidence in the eurozone and the euro-project as a whole, and in the core countries in Europe,” he said. 
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    Laughland further argues that despite promises reign in debt, the euro itself is ultimately to blame for the deepening economic crisis.
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    “Apart from the inherit contradictions of the euro itself, this debt issue is not something that the euro has failed to control, it has actually been caused by the euro. The reason why we have a debt problem in the eurozone is that the countries, particularly in southern Europe, who have run up enormous debts, have been able to do so without feeling the consequences in terms of exchange rates. In a normal situation, if they had had national currencies, their currencies would have lost value. It is precisely because they have a shared currency that they have the impression that they could have a sort of free lunch for so long. And that’s what’s got us into the situation that we’re in.”

Will not be missed !

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January 16, 2012 Posted by | Economics | , , , , , , , , , | Comments Off

   

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