Socio-Economics History Blog

Socio-Economics & History Commentary

Syria: Saudi Admits “Protesters” Had Weapons From The Start !

April 24, 2012 Posted by | GeoPolitics | , , | Comments Off

TSA: All Americans Must Be Irradiated !

April 24, 2012 Posted by | Social Trends | , , , , , | Comments Off

Medical Tyranny And Murder In The Matrix!

April 24, 2012 Posted by | Medicine & Health | , , , | Comments Off

Blow To Sarkozy as Hollande Wins 1st Round, Sets Up Run-Off !

April 24, 2012 Posted by | GeoPolitics | | Comments Off

Gas & Peace: Egypt Cuts Off Gas Supply To Israel !

April 24, 2012 Posted by | GeoPolitics | , , , | Comments Off

US May Use ‘Military Means’ To Defend Afghanistan Until 2024 !

  • General Smedley Butler:
    WAR is a racket. It always has been.     It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives. – A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small “inside” group knows what it is about. It is conducted for the benefit of the very few, at the expense of the very many. Out of war a few people make huge fortunes.
    -
    In the World War [I] a mere handful garnered the profits of the conflict. At least 21,000 new millionaires and billionaires were made in the United States during the World War. That many admitted their huge blood gains in their income tax returns. How many other war millionaires falsified their tax returns no one knows.
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    How many of these war millionaires shouldered a rifle? How many of them dug a trench? How many of them knew what it meant to go hungry in a rat-infested dug-out? How many of them spent sleepless, frightened nights, ducking shells and shrapnel and machine gun bullets? How many of them parried a bayonet thrust of an enemy? How many of them were wounded or killed in battle?
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    Out of war nations acquire additional territory, if they are victorious. They just take it. This newly acquired territory promptly is exploited by the few — the selfsame few who wrung dollars out of blood in the war. The general public shoulders the bill. And what is this bill? – This bill renders a horrible accounting. Newly placed gravestones. Mangled bodies. Shattered minds. Broken hearts and homes. Economic instability. Depression and all its attendant miseries. Back-breaking taxation for generations and generations. – For a great many years, as a soldier, I had a suspicion that war was a racket; not until I retired to civil life did I fully realize it. Now that I see the international war clouds gathering, as they are today, I must face it and speak out.
    -
    …. to continue reading click here!

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April 24, 2012 Posted by | GeoPolitics | , , , , , , | Comments Off

CSI Wall Street: The Economy Killer!

April 24, 2012 Posted by | Economics | , , , , | Comments Off

Jewish Historian Professor IIan Pappe: Israeli Myths & Propaganda! The Truth: Genocide And Ethnic Cleansing of Palestinians!

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

April 24, 2012 Posted by | History | , , , , , , , , | Comments Off

Army Chief: IDF Prepared for Iran Strike!

  • Be careful of all these Zionists and their propaganda. People who think they serve Israel are idiots. These are war mongers who will cause the destruction of Zionist Israel. They are Illuminists following the Satanic World War 3 plan! These are pathological liars. They create fake crisis, a fake existential threat … and keep repeating the LIEs to brainwash the sheeple.
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  • Ask yourself this: how is Iran with ZERO nuclear bombs and NO nuclear weapons program an existential threat to Zionist ’666′ Israel which has 400+ nuclear bombs and has the US (with its 10,000+ nuclear bombs) at its beck and call? The country under existential threat is Iran, not Zionist ’666′ Israel, the Satanic counterfeit flying a Satanic ’666′ Hexagram flag!
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    Army chief: IDF prepared for Iran strike! 
    by Alex Fishman,  http://www.ynetnews.com/
    IDF ready to attack Tehran’s nuclear facilities if needed, Chief of Staff Benny Gantz says; military constantly engaged in covert, high-risk operations beyond Israel’s borders, he says
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    Should Israel decide to strike Iran’s nuclear facilities, the IDFwill be prepared to carry out the mission, Chief of Staff Benny Gantz told Yedioth Ahronoth in remarks published Sunday. “In principle, we are ready to act,” the army chief told the newspaper in a special interview ahead of Israel’s upcoming Independence Day.
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     In respect to the Iranian threat, 2012 will be a critical year, Gantz said, adding that “the State of Israel believes that nuclear arms in Iran’s possession are a very bad thing, which the world should stop and Israel should stop.”
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    “We are preparing our plan accordingly,” he said.
    Israel is the only country in the world facing open destruction threats by another state, which is also producing the means to do carry them out, the army chief said. However, he noted, this does not mean that he will be ordering the army’s Air Force chief to strike Iran “now.”
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     When asked whether Israel faces an existential threat at this time, Gantz said: “The potential exists. At this time, in my estimate, this is not the case.”
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    ‘Higher chance of war’
     During the interview, Gantz also addressed special operations carried out by the IDF beyond Israel’s borders, revealing that the scope of such activities has increased significantly compared to the past.
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     ”I don’t think you will find a point in time where something isn’t happening somewhere in the world,” he said. “The level of risk has increased as well. This is not something invented by Benny Gantz. I’m not taking the credit here. I’m simply accelerating all those special operations.”
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     Regarding the likelihood of a war breaking out this year, Gantz said: “Our intelligence assessment asserts that given the strategic reality and instability in the region, the chance of deteriorating to a war is higher than in the past. There are no indications of war, but the chances of the situation deteriorating into one are higher than in the past.”

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

“ … 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

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April 24, 2012 Posted by | GeoPolitics | , , , , , , , , , , , , | 1 Comment

Pentagon Has ‘Successful Plan’ With Hundreds of Tomahawks Deployed Near Iran!

  • All the talk about Zionist Israel acting independently (of the US) and launching an attack on Iran are a charade for sheeple consumption. The task, I believe, has been given to Zionist ’666′ Israel to initiate the attack on Iran. The US and NATO will pretend to be passive actors, totally not consulted, uninvolved … in the coming Israeli attack. This is, of course, false and for sheeple consumption. The US and NATO are making preparations just in case Russia and China decide to intervene directly and immediately upon an Israeli attack. Major powers on both sides will very likely fight via their proxies: Zionist ’666′ Israel vs Muslim world.
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  • Keep in mind that this coming war has nothing to do with Iran having nuclear weapons. They don’t. This is a LIE the Illuminists are selling to the sheeple to justify the war. It is really about the coming global economic, financial and monetary collapse. It is about creating a diversion for the sheeple. It is about using war as a means of mass culling the sheeple: the Illuminists’ enemies.
    -
  • It is about the destruction of the current world order, creating chaos, violence, deaths, abject poverty, famine, destruction of religions; especially Christianity …. to lay the groundwork for the coming Luciferian New World Order. They want the shituation to be so bad that no sheeple will be able to resist the Luciferian World Government. They want to create the conditions for the sheeple to welcome their fake messiah, the Anti-Christ, bringer of false peace!
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    Pentagon has ‘successful plan’ with hundreds of Tomahawks deployed near Iran! 
    by http://rt.com/ 
    America’s plan B for Iran “will be successful,” promises US defense secretary, Leon Panetta. Reports suggest this is no sable rattling, as the US strike groups deployed to the Persian Gulf may be carrying some 430 Tomahawk missiles.
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    ­Washington has not yet dropped its “all options” stance towards Iran, who, they fear, may be building nuclear weapons. The confirmation was obtained by CNN’s Wolf Blitzer from Panetta on Thursday.
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    “We are prepared with all options on the table if we have to respond,” Panetta said, adding that “there are plans” to deal with Iran if the country does not give up its nuclear ambitions.
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    “I don’t think there is any question that if we have to implement that plan, it will be successful,” he added.
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    This practical approach sees two American aircraft carriers, their battle groups, several submarines and additional Marines deployed to the Gulf waters. Both the US Navy and the Pentagon say the commissions are “routine.”
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    Nevertheless, assessments made by Interfax news agency say that the group headed by the USS Enterprise alone has taken at least 130 Tomahawk missiles to the Persian Gulf.
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    The other group, which has the USS Abraham Lincoln as its flagship, has as many long-range cruise missiles of the same class. This group was last reported to be patrolling the Arabian Sea, where the US Navy says it is providing air support to NATO troops in Afghanistan.
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    The submarine USS Georgia, which is also navigating the waters, is estimated to be carrying 154 Tomahawks. Another submarine, assigned to an amphibious assault group, is reported to have 12 cruise missiles at its disposal.
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    All this gives a total figure of at least 430 Tomahawks with a range of 1,700 km on a routine voyage around the waters of the Persian Gulf. The missiles would be able to take out Iran’s air-defense system in its entirety and turn its military airfields into rubble, experts tell Interfax.
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    With all the military build-up in the area, Washington says the first round of nuclear talks with Tehran gave them “positive” feelings. However, no alleviating of sanctions against Iran’s economy has so far been debated in the White House, as Secretary of State Hillary Clinton declared on Monday.
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    The USA seems to be between a rock and the hard place regarding the issue of Iran. On the one hand, Washington says they want Iran to drop nukes, but diplomacy comes first. On the other hand, the US has to restrain Israel as its Prime Minister Benjamin Netanyahu has branded the first round of talks with Iran an international “freebie” for the country. He also makes it a point of mentioning at least once a month that Tehran is “an existential threat” to Israel.
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    Iran denies it is trying to build nuclear weapons, saying also it is their right to produce nuclear energy and radioactive treatment for cancer patients.

Why is genocidal madman Netanyahu screaming for war with Iran? It is all about the global petrodollar hegemony!

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April 24, 2012 Posted by | GeoPolitics | , , , , , , , , , , , , , , , , | 1 Comment

“Drachma Clauses” For Greece’s Exit from the Eurozone!

  • Things are rapidly falling apart in Greece. The Euro will collapse. It is a question of when? (emphasis mine)
    -
    “Drachma Clauses” For Greece’s Exit from the Eurozone! 
    by http://www.testosteronepit.com/ 
    The largest banks in Greece—National Bank of Greece, Alpha Bank, Eurobank EFG, and Piraeus Bank—reported €28.2 billion in losses for the year 2011. Almost 13% of GDP! It included the bond swap that had saddled private-sector bondholders with a 74% loss. But no worries. Rescue funds were already lined up at the Hellenic Financial Stability Fund, which had received €25 billion in bonds from the European Financial Stability Facility the day before—part of the second bailout package of €130 billion that the Troika of the ECB, IMF, and EU had orchestrated. The banks, not the Greeks themselves, are getting bailed out. The big money is rolling in—and the ever wily Greek political elite have figured it out. Read…. They’re Not Even Trying Anymore.
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    But “solidarity of the union has its limits,” said even soft-spoken Jens Weidmann, President of the Bundesbank on Saturday. “That’s why we linked the aid to conditions….”
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    A whole litany of them. And they have caused riots in the streets. But if they aren’t met, the bailout will stop. That’s the threat. A leaked report by European Commission President José Manuel Barroso includes a 15% cut in private sector wages and an overhaul of the system for collective bargaining—both of which will go over very well in Greece. It also calls for privatization of public gas and electric utilities, comprehensive reform of the tax system, reform of the pension system, including “fighting fraud in disability pensions,” and a “radical” overhaul of public procurement which is inefficient and costly.
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    And corrupt: former Defense Minister Akis Tsochatzopoulos was thrown into the hoosegow just before the Orthodox Easter weekend, having been accused of extensive defense procurement fraud and money laundering that he’d conducted for years via a network of people and off-shore companies. Corruption on all levels haunts Greece.
    ….
    Barroso’s report dryly summarizes the predicament: “Greece suffers from a lack of capacity to implement policy, manage public finances, collect taxes, open markets to competition, make public procurement work efficiently and innovatively, pay suppliers, or offer timely judicial review to its citizens.” In other words, not much is working in Greece.
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    A month after the elections on May 6, the Troika inspectors will return to check on progress in meeting the conditions spelled out in the bailout memorandum — only to leave angry again, as they’d done so many times before. The frustration is already breaking the surface. Poul Thomsen, head of the IMF representation on the Troika, warned on Friday that Greece would not be able to fulfill the conditions and fingered once again tax evasion. So far, he said, efforts to improve tax collections have failed.
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    Alas, Evangelos Venizelos, head of the PASOK, former Finance Minister, and master of the bailout extortion racket, is back in the game. He retorted in a TV interview the same day that Greece still hadn’t emerged from the crisis; it could exit the Eurozone and reinstitute the drachma—a threat he’d made before. And then he announced that he’d delay even further the very tax collection measures that Thomsen had accused Greece of not implementing. There would be no extra tax burden and no cuts to pensions, he said, thumping his nose simultaneously at Thomsen and Barroso.
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    So the European Investment Bank, which was watching this imbroglio from the sidelines while shaking its institutional head, wised up to reality. For loans to state-owned enterprises in Greece, it started using contracts that are under British law and include “drachma clauses”—in case Greece were to exit the Eurozone, or in case the Eurozone itself were to break up. The first such contract was used two weeks ago for funding a natural gas power plant of the Public Power Corporation. Planning for Greece’s exit from the Eurozone has now seeped down into the language of contracts. Thus, the drumbeat of Greece’s economic horror show continues in its own manner and to its bitter end. For that unrelenting debacle and its consequences, read…. “A harder Default To Come.” 

end

April 24, 2012 Posted by | Economics | , , , , , , , , , , | Comments Off

The Gold Standard Shuffle! The Return To The Gold Standard !

He who has the gold makes the rules!

  • The world is returning to the gold standard. Unbacked fiat currencies are about to suffer massive heart attacks and die. The Illuminists are preparing their One World Currency backed by gold. How do they get the world to abandon their national currencies and accept their One World Currency? By destroying all fiat currencies via hyperinflation. The sheeple will once again be the last to know/understand and first to get hit! (emphasis mine)
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    The Gold Standard Shuffle! 
    by http://truthingold.blogspot.com/ 
    What we are witnessing is a sea change in which market forces are driving a de facto return to the gold standard. All that is missing for this to be a de jure gold standard is some regulatory and legal recognition and one has been proposed. The Basel Committee for Bank Supervision, the maker of global capital requirements is studying making gold a bank capital Tier 1 asset.
    -  Professor Lew Spellman, University of Texas from The Spellman Report (link below).
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    The source of that quote is a must-read essay written by Lew Spellman, who is a professor of finance at the University of Texas of business school.  He has also served as Assistant to the Chairman of the President’s Council of Economic Advisors and as an economist at the Federal Reserve.  It is the latter two prestigious roles which make it both surprising that Professor Spellman would have written this essay and, yet at the same, thereby reinforces its validity.  You will not find this piece mentioned in ANY mainstream media news source in this country.
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    Spellman lays out the case for for the subtle, systemic manner in which gold is slowly creeping back into use by the banking system as an asset being used to back paper currencies and financing transactions. Those of us who study the precious metals markets on a daily basis, in the context of the overall global financial system, have been pointing to this dynamic for a while now.  For instance, Spellman links the announcement in which the Basel Committee is studying making gold a Tier 1 banking asset.  This was announced several months ago and remarked upon widely in the precious metals community.  I doubt anyone’s financial adviser called them up to point this out.
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    The market, along with the massive Central Bank accumulation of gold by China, Russia and several of China’s strategic allies – like the other BRIC countries – is starting to force this transformation.  I say “the market” because most of the collateral that has been pledged to secure paper financial transactions has been pledged/rehyopothecated (see MF Global, Lehman, Madoff).  This is especially true in the repo market where sovereign paper/Treasuries was historically the only asset to be used.  Now Central Banks have stretched the range of credibility and extended collateral status to everything except the Brooklyn Bridge (who knows how many times that’s been rehypothecated…).  The last man standing is gold and it is being forced by the market back into the system as a paper anchor by necessity.  Eventually gold will remain as the bastion of “flight to safety” because of its ultimate utility for that purpose.
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    Everyone needs to read this essay and make sure they understand what is happening and why.  Here’s the LINK  For me, this essay has “seminal” status because it was written by a former “insider” to elite circles – the elite circles which constantly denigrate and revile gold – and because it will likely expose a wider circle of market observers to a systemic dynamic that is taking place with little or no acknowledgement by 99.5% of all market participants.

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April 24, 2012 Posted by | Economics | , , , , , , , , , , , | Comments Off

Dutch Government Resigns! Early Elections Likely After Wilders Opposes Budget !

It's a question of when?

  • The Eurozone dominoes are falling! How long the western Illuminati can prop up the system remains to be seen. When will they pull the plug? Perhaps Aug/Sep 2012? They are setting up the pieces in the Middle East and doing the rehearsals for their Satanic World War 3 plan!
    -
    Dutch Early Elections Likely After Wilders Opposes Budget! 
    By Martijn van der Starre and Fred Pals, http://www.bloomberg.com/ 
    Dutch Prime Minister Mark Rutte said new elections “are an obvious scenario” after his minority government lost the support of the opposition party that had propped it up.
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    Rutte failed to come to an agreement with Freedom Party leader Geert Wilders on austerity measures to meet European Union budget rules. As a result, Wilders said today that his party no longer supports the government and that new elections should take place, “the sooner the better.”
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    Wilders “walked away at the very last moment,” Rutte told reporters in The Hague. The prime minister said he’ll meet with both his cabinet and Queen Beatrix to discuss the situation on April 23.
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    The negotiations on additional austerity measures started March 5 and foundered on Wilders’s objection to proposed social security cuts. His party had supported the minority coalition of Liberals and Christian Democrats since it took office in October 2010, allowing it to pass legislation in parliament.
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    “The measures would harm economic growth in the coming years and would hurt the purchasing power of many people, increase unemployment,” Wilders said.
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    The Dutch government has to find at least 9 billion euros ($12 billion) in additional budget cuts — equivalent to 1.5 percent of gross domestic product — to meet EU deficit rules by 2013 and protect the top credit rating that France and Austria lost in January. The budget shortfall is forecast to reach 4.6 percent of GDP in 2013, exceeding the 3 percent limit laid down by the EU for a fifth year.
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    The Dutch government has until April 30 to submit its annual stability program to the European Commission, the EU’s executive arm, in which it will outline how it plans to cut the deficit, Rutte wrote in a March 28 letter to parliament. The government vowed in 2010 to cut spending by 18 billion euros by 2015.

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April 24, 2012 Posted by | Economics | , , , , , , | Comments Off

The Best Reason in The World To Buy Gold !

Remember the Golden Rule: He who has the gold makes the rules!

  • America’s threat of sanctions against countries continuing to do business with Iran is backfiring. It is making countries like China and India turn to gold. Which should you prefer: the USD backed by Zero or a hard asset like gold? Obviously gold. Gold has been money for 5000+ years. Fiat currencies, come and go, eventually they all disappear. The death knells of the USD are sounding louder and louder!
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    The Best Reason in the World to Buy Gold ! 
    by Gordon G. Chang, http://www.forbes.com/ 
    Beijing is planning to avoid U.S. financial sanctions on Iran by paying for oil with gold.  China’s imports of the metal are already large, and you can guess what additional purchases are going to do to prices.
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    On the last day of 2011, President Obama signed the National Defense Authorization Act for Fiscal Year 2012.  The NDAA, as it is called, attempts to reduce Iran’s revenue from the sale of petroleum by imposing sanctions on foreign financial institutions conducting transactions with Iranian financial institutions in connection with those sales.  This provision, which essentially cuts off sanctioned institutions from the U.S. financial system, takes effect on June 28.
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    The NDAA gives the president the power to waive the sanctions depending on the availability and price of supplies from non-Iranian sources.  He can also exempt financial institutions from countries that have significantly cut back purchases of Iranian petroleum.  Last month, the State Department announced waivers for Japan and ten European countries.  China, which has received American waivers in the past under other Iran legislation, is now Tehran’s largest oil customer and investor as well as its largest trading partner.  Given the new mood in Washington, Beijing cannot count on getting more exceptions in the future.
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    As the Wall Street Journal noted in early January, the sanctions are “an attempt to force other countries to choose between buying oil from Iran or being blocked from any dealings with the U.S. economy.”  The strict measures put Chinese officials in a bind.  They apparently believe their geopolitical interests align with those of Tehran, but their economy is becoming increasingly reliant on America’s.
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    So how can Beijing keep both Iran’s ayatollahs and President Obama happy at the same time?  Simple, the Chinese can avoid the U.S. sanctions through barter.  China has already been trading its produce for Iran’s petroleum, but there is only so much gai lan and bok choy the Iranians can eat.  That’s why Iran is also accepting, among other goods, Chinese washing machines, refrigerators, toys, clothes, cosmetics, and toiletries.
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    The barter trade works, but Iran needs cash too.  As it is being cut off from the global financial system, the next best thing is gold.  So we should not be surprised that in late February the Iranian central bank said it would accept that metal as payment for oil.   Last year, China imported $21.7 billion in Iranian oil and exported $14.8 billion in goods and services.  As the NDAA goes into effect, look for Beijing to ship gold to Iran to make up the difference.
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    … for more click here!

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April 24, 2012 Posted by | Economics | , , , , , , , , | Comments Off

Norcini: If History is Any Guide, This is Going To End Badly!

  • Norcini – If History is Any Guide, This is Going to End Badly! 
    by www.kingworldnews.com
    With global stock markets trading in the red and continued volatility in gold and silver, today King World News interviewed legendary Jim Sinclair’s chartist, Dan Norcini.  Norcini said he is seeing disturbing parallels between what is happening today and what has already taken place in history.  Here is what Norcini had to say about the situation:  “I’ve read ‘The Decline and Fall of the Roman Empire,’ by Gibbon, and he might as well have been writing about modern-day America.  Our financial institutions are completely corrupt.”
    ….
    The Roman empire began to decline morally to the point where its own philosophers were expressing dismay over the decay.  The military also began to decline as more and more of its ranks were constituted by mercenaries.  At the same time, military incursions by the barbarians on the fringes of the empire were on the rise.
    ….
    The US has entered a similar period of decline.  The political system is broken and corrupt, and the major financial institutions now resemble criminal banking syndicates.  If history is a reliable guide, one thing you can be assured is this will end badly.
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    … for more click here!
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April 24, 2012 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , | 1 Comment

   

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