Socio-Economics History Blog

Socio-Economics & History Commentary

What Every American Should Know!! AIPAC 101 ! Take America Back Before It Is Too Late!

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

May 25, 2011 Posted by | GeoPolitics | , , , , , | 2 Comments

Dominique Strauss-Kahn Is A Rothschild Illuminati Billionaire!

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May 25, 2011 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Comments Off on Dominique Strauss-Kahn Is A Rothschild Illuminati Billionaire!

Nuke Fuel Meltdown Confirmed At 3 Fukushima Reactors!

May 25, 2011 Posted by | Disaster | , | Comments Off on Nuke Fuel Meltdown Confirmed At 3 Fukushima Reactors!

David Stockman: “A Technical Default Is Now A Virtual Certainty!”

May 25, 2011 Posted by | Economics | , , , , , , , | Comments Off on David Stockman: “A Technical Default Is Now A Virtual Certainty!”

Walker: US Worse Off Financially Than Euro Nations!

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  • The amount of sovereign debt carried by the US government is definitely above US$100T. The idea that you should flee the Euro into USD is laughable. I think more and more people are getting it. This is why gold is making new highs in Euro and UKP despite a stronger USD!
  • There is simply no way these sovereign debts will be repaid except in greatly devalued fiat currencies. Japan, UK, Eurozone and US are all facing this sovereign debt problem. What will happen in the coming 1-2 years is a global monetary crisis leading to hyperinflation and economic/financial collapse. Gold and silver will rocket higher!

    Walker: US Worse Off Financially Than Euro Nations!
    By: Jeff Cox, CNBC.com Staff Writer
    The US is spending $4 billion a day more than it is taking in, putting the country on an unsustainable fiscal path perpetuated by both Democrats and Republicans, according to David Walker, head of the Comeback America Initiative.Solving America’s problems will require a combination weighted toward spending reductions but one that also will require spreading the taxation burden around more evenly, said Walker, the former US comptroller general.“We’re not growing enough and we’re not going to grow our way out of this problem,” he said in a CNBC interview. “We would have to have double-digit real GDP growth for decades to grow our way out of this hole.”

    Walker’s organization promotes fiscal stability and is warning that the US is trailing many other developed nations in terms of getting its fiscal policies in order. Comeback America is a conservative think tank funded mostly through a grant from the Peter G. Peterson Foundation, named for the founder the Blackstone Group private equity firm.

    In fact, according to an index that Comeback America developed, the US is in worse shape from a fiscal standpoint than debt-plagued nations such as Italy or Spain, he said.

    With the nation hitting its $14.294 trillion debt ceiling and in need of an extension, Congress is debating the proper mix of tax increases and spending cuts so that the US does not end up like weaker euro zone nations such as Greece, Spain and Portugal that are in danger of debt defaults.

    Walker leans more towards the spending-cut side, but also sees inequities in the tax structure that must be corrected to help generate revenue.

    … for the full article click here!

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May 25, 2011 Posted by | Economics | , , , , , , , , , , | Comments Off on Walker: US Worse Off Financially Than Euro Nations!

Dr. William Cook: Nakba – A Remembrance! The Plight of The 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.

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May 25, 2011 Posted by | Economics | , , , , , | Comments Off on Dr. William Cook: Nakba – A Remembrance! The Plight of The Palestinians!

China’s Gold Demand Overtakes Developed World !

  • The Chinese and Indians have insatiable appetite for gold. Inflation is a major problem for them. Both countries have a long history of gold (and silver) as -money. It is ingrained in their culture that gold/silver is real money!

    China’s Gold Demand Overtakes Developed World !
    By Frank Holmes,CEO and Chief Investment Officer, U.S. Global Investors
    …A slight pullback in prices during the middle of the quarter and “persistent high inflation levels” pushed China into the position as the world’s largest market for gold investment. Chinese citizens devoured nearly 91 tons of gold bars and coins, more than double the amount of a year ago.

    This isn’t exactly a new phenomenon in China. From 2007 to 2010, investment demand grew at a compounded annual growth rate of 68 percent, according to the CPM Group. The firm forecasted Chinese investment demand to increase 34.7 percent during 2011 but based on this new data, it may need to adjust its forecast.

    Song Qing, director of Shanghai-based Lion Fund Management, told Bloomberg news that, “Gold has taken on a new role in China amid concern about inflation…Just imagine the total wealth in China and even a small percentage of that choosing to buy gold. This demand is going to be enormous.”

    The “Love Trade” was also in full swing during the first quarter. Led by India and China, jewelry demand rose 7 percent on a year-over-year basis. Combined, the countries accounted for roughly 67 percent of world total jewelry demand. For the first time, the demand for gold in China was so strong during the first quarter it outpaced the combined total of the developed West. If you lump together the gold demand of the U.S., France, Germany, Italy, Switzerland, the U.K. and other European countries, the sum of these countries is still outpaced by China. That’s despite triple-digit increases in demand from France, Germany and Switzerland.

    …in 2001, the government lifted its final controls on the gold market, igniting one of the greatest booms in gold demand history. From 2001 to 2010, China’s annual consumption of gold grew at a 7.5 percent compounded annual growth rate.

    This chart shows how China’s demand for gold jewelry has increased from just over 500,000 ounces in the late 1980s to over 12 million ounces at the end of 2010, in spite of gold going from $200 to 1,000 and now $1,500 an ounce.

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    … for the full article click here!

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May 25, 2011 Posted by | Economics | , , , , , | Comments Off on China’s Gold Demand Overtakes Developed World !

James Turk: Gold To Have a Staggering Up-Move This Summer! Embry: Silver Market Extraordinarily Tight, Look For US$125!

He who has the gold makes the rules!

  • Gold and silver are consolidating and will make record highs soon! Do not be afraid, be patient. QE3 by whatever name will happen. The FedRes may play a game of ‘stopping’ QE, allow the economy, stock market to collapse and thereafter use it as a reason for QE3. Just another Problem, Reaction and Pre-Planned Solution Hegelian Dialectic. The fact that gold is making new highs in Euro and UKP tells us that there is huge demand for gold. Central banks are quietly accumulating gold and fleeing the USD! www.KingWorldNews.com, click on links in brown for full article.

    James Turk – Gold to Have a Staggering Up-Move This Summer
    … I think we have to be prepared for tremendous volatility and the possibility that this summer could be a repeat of 1982 where gold took off to the upside in a major way.  Gold became the go to asset in the summer of ’82 that everyone wanted to own. The extraordinary rally in the summer of 1982 began in the second week of June and by the first week of September gold has risen
    50%.  That’s a 50% move in less than three months!

    Embry – Silver Market Extraordinarily Tight, Look for $125
    … “As far as what we look at, my partner Eric Sprott, he thinks the market is  extraordinarily tight.  I think one thing people are underestimating is the  investment demand.  This is being triggered by the high gold price which is  driving the little guy into silver for the simple reason that he can’t handle how much it costs to get an exposure in gold, so he buys silver. … Well let’s say gold goes to $2,500 which I don’t think is an outrageous statement in the face of what is going on, and the gold silver ratio falls to 20 to 1, well that puts silver at $125..

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May 25, 2011 Posted by | Economics | , , , , | Comments Off on James Turk: Gold To Have a Staggering Up-Move This Summer! Embry: Silver Market Extraordinarily Tight, Look For US$125!

Jerome Corsi To File Criminal Charges Against White House Over Obama Birth Certificate!

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May 25, 2011 Posted by | GeoPolitics, Social Trends | , , , , | Comments Off on Jerome Corsi To File Criminal Charges Against White House Over Obama Birth Certificate!

Webster Tarpley & Alex Jones: Buildup To World War III By The Lunatic Ruling Class!

  • Albert Pike, Satanic World War 3 Plan (emphasis mine)
    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.

    Meanwhile the other nations, once more divided on this issue will be constrained to fight to the point of complete physical, moral, spiritual and economical exhaustion…

    We shall unleash the Nihilists and the atheists, and we shall provoke a formidable social cataclysm which in all its horror will show clearly to the nations the effect of absolute atheism, origin of savagery and of the most bloody turmoil.

    Then everywhere, the citizens, obliged to defend themselves against the world minority of revolutionaries, will exterminate those destroyers of civilization, and the multitude, disillusioned with Christianity, whose deistic spirits will from that moment be without compass or direction, anxious for an ideal, but without knowing where to render its adoration, will receive the true light through the universal manifestation of the pure doctrine of Lucifer, brought finally out in the public view.

    This manifestation will result from the general reactionary movement which will follow the destruction of Christianity and atheism, both conquered and exterminated at the same time.” 4

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May 25, 2011 Posted by | EndTimes, GeoPolitics | , , , , , | Comments Off on Webster Tarpley & Alex Jones: Buildup To World War III By The Lunatic Ruling Class!

Alex Jones: World War III by Quasi Stealth!

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

May 25, 2011 Posted by | GeoPolitics | , , , , , , , , , , , , | Comments Off on Alex Jones: World War III by Quasi Stealth!