Socio-Economics History Blog

Socio-Economics & History Commentary

No Spending Cuts For The Pentagon?

“Military men are dumb, stupid animals to be used as pawns for foreign policy.” ~ Henry Kissinger (Committee of 300?)

  • Daniel 7:23 (New King James Version)
    23 “Thus he said:
    ‘The fourth beast shall be
    A fourth kingdom on earth,
    Which shall be different from all other kingdoms,
    And shall devour the whole earth,
    Trample it and break it in pieces.
  • Daniel 11:36-39 (New King James Version)
    36 “Then the king shall do according to his own will: he shall exalt and magnify himself above every god, shall speak blasphemies against the God of gods, and shall prosper till the wrath has been accomplished; for what has been determined shall be done. 37 He shall regard neither the God[a] of his fathers nor the desire of women, nor regard any god; for he shall exalt himself above them all. 38 But in their place he shall honor a god of fortresses; and a god which his fathers did not know he shall honor with gold and silver, with precious stones and pleasant things. 39 Thus he shall act against the strongest fortresses with a foreign god, which he shall acknowledge, and advance its glory; and he shall cause them to rule over many, and divide the land for gain.

US: Money only for wars and banksters!

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May 27, 2011 Posted by | GeoPolitics | , , , , , | Comments Off on No Spending Cuts For The Pentagon?

Keiser Report: Gold Stands Rock Hard !

May 27, 2011 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , | Comments Off on Keiser Report: Gold Stands Rock Hard !

Ian Gordon: World Headed For A ‘Gold Standard System’ By 2014 !

He who has the gold makes the rules!

  • The sheeple all over the world are slowly waking up. Gold and silver are real money which protect against inflation. The smart money has started flowing into physical gold. Central banks are gobbling up gold behind the scenes and dumping USD. They do it quietly, for fear of destroying their own currencies. The world is heading towards a gold back currency system. The Illuminists do not want to give up their fiat currency hegemony. Thus, they will come out with a One World Currency backed by gold soon! Got gold yet?

    Headed for a ‘Gold Standard System’ by 2014 – Ian Gordon
    Posted by Zig Lambo, http://www.mineweb.com/
    80 Years on from the Great Depression, Ian Gordon reckons financial cycles suggest we are due for another collapse, but this time even worse.  Gold and gold stocks may provide protection.  Gold Report interview.

    The Gold Report: Good morning Ian. Thanks for taking the time to bring us up to date with your current thoughts about the economic situation and on specific companies you think our readers might be interested in learning about today. When you spoke with The Gold Report in January, you expressed your thoughts on where things were headed. Can you give us an idea of what you think people should do with their financial investments now in order to protect their assets? What changes do you see, and what do you think now in light of what’s happened since January?
    Ian Gordon: I think things are actually getting worse. Basically, the currencies of the world are under fire right now. I’m not sure that the euro will even survive this year. All it will take will be one country, like Greece, to leave it, and then the whole thing will probably collapse like a house of cards. Of course, the U.S. dollar, as the reserve currency, has been under fire, as well. So, I think things are coming to a head here, which is something we anticipated in our own work because it’s based on the Long (Kondratiev) Wave Theory

    In 2011, we see parallels to 1931 because we’re 80 years beyond that time. We believe 20-year cycles are important anniversaries, and this is just four twenties. In 1931, the whole world monetary system effectively collapsed. We’ve been long anticipating a collapse in the current world monetary system based on the collapse of 1931. However, we see that the current collapse is going to have far more significant and devastating implications than the collapse between 1931 and 1933 simply because it’s the collapse of the paper-money system now. Essentially, paper money is credit money. When paper money fails, credit fails. Effectively, the economy will fail on credit.

    TGR: So, given what could be a major upheaval in the way the global economic cycle works, if this all comes to pass, what sort of system will we end up with? Are we going back to the gold standard or something similar to it? How is this going to happen, how long is it going to take and what are the implications for investors?
    IG: I’m pretty sure that we will go back to a gold standard system. Paper-money systems have never survived throughout history. Generally, they’ve been set around a one-country experiment. And when those have failed, as in France after John Law’s paper-money scheme failed in 1720 or the Assignat failed in about 1798, there was tremendous upheaval. And, following these failures, the country resumed gold as the backing for its currency. So, I think we have to go back to something like that because, in essence, gold enforces discipline on governments. We’ve seen a complete lack of discipline in the paper-money system that’s been ongoing since the 1931 collapse of the world monetary system. Paper-money printing has just gotten out of control; and now, parallel to the paper-money printing is the debt. They go hand in hand.

    We’ve built massive debt worldwide, which, in total, is probably well in excess of $100 trillion. In the U.S. alone, the total debt is something like $57 trillion. So, that debt is starting to be wrung out of the world’s economies and everybody is facing a pretty frightening depression.

     As investors, we have to protect ourselves as best we can. We’ve long been advocating positions in gold and gold stocks. In fact, we’ve been 100% positioned in both of those-physical and gold stocks-since 2000 because our cycle told us that that’s where we should put our assets. So, that’s what we’ve done. I think investors have to do that and they have to be out of the general stock market because, eventually, the stock market has to reflect the realities of the economy. The current U.S. stock market has been propped up by quantitative easing (QE) with massive amounts of money injected into the banking system. That banking system is not putting that money back into the economy because consumers are completely tapped out; they can’t borrow any more money. So, much of the money the Federal Reserve is putting into the banks is being used for speculation.

    TGR: Can we pursue the mechanics of this a bit further before we get into more-specific investing ideas? Given the internationalization of the world economy and money being just electronic numbers on computer systems, how does the world get back on some sort of a hard-money standard without years of turmoil?

    IG: When the global monetary system started to collapse in 1931, it began with the failure of the Austrian Creditanstalt Bank in Europe. Everyone was trying to bail out this large bank. The Fed was trying to bail it out, the Bank of England was trying to bail it out and JP Morgan also was in there trying to bail it out. They all knew the implications of the failure of this one bank would cause the bankruptcy of Austria and the failure of many other banks plagued with rotten paper money on their books. So, when this bank collapsed in May 1931, it was the beginning of the end of the world monetary system. A bankrupted Austria was forced out of the gold exchange standard system and was soon followed by Germany. Great Britain was forced out of the monetary system in September 1931, which effectively brought down the entire world monetary system. A new monetary system didn’t evolve until 1944 when the Bretton Woods system was signed into law. It was a long hiatus. The parallels with the current evolving monetary system collapse are pretty plain to see.

    After 1931, America was pretty self-sufficient, had all the oil and food it needed and became very isolationist. Great Britain traded within its then-empire. World trade collapsed following 1931 and 2011 may well be a repeat of that tragic year, with the collapse of the euro and the unraveling of the entire global monetary system. It could be a long hiatus before a new system is developed. It goes back to that 20-year anniversary cycle I mentioned. The pure gold standard system that had evolved initially in Great Britain in 1821 collapsed in 1914 because the combatants in World War I couldn’t remain on a gold standard system and print the money they needed to fight the war. So, I would say that we will likely return to a gold standard in 2014-100 years after the gold standard collapsed in 1914.

    TGR: So, you’re saying investors have a two- to three-year window to position themselves and their investments to profit from what’s going to happen when this is all turns around. 
    IG: Right.

    TGR: We’ve had all this volatility in the metals prices over the past year and some substantial gains. How is this affecting companies in the mining business? 
    IG: For the main part, I’ve positioned myself in either new producing companies or companies that have gold assets in the ground. I’m principally more disposed to investing in gold than I am in silver. I think these assets are going to be extremely valuable. I met with one of my website subscribers just yesterday and said it’s quite possible that there won’t be enough physical gold available on the market to supply the demand. We produce only 80 million ounces (Moz.) of gold a year from existing mines. I think, eventually, the demand for gold will become so extreme that the producers won’t want to be paid in paper money because the paper system is collapsing. So, gold may well be taken out of the market, that’s why it is important to get the physical bullion now rather than later. Of course, gold company stocks that produce physical gold are going to be extremely valuable, as well.

    …for the full report click here!

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May 27, 2011 Posted by | Economics | , , , , , , | Comments Off on Ian Gordon: World Headed For A ‘Gold Standard System’ By 2014 !

Jeremy Warner: It’s Ever More Obvious, Greece Must Leave The Euro!

A protester holds a banner in front of the Greek Parliament during a peaceful rally attended by thousands on Wednesday against painful austerity measures. Source: http://www.telegraph.co.uk/

  • Greece is merely a setup for an even bigger Spanish collapse! The Eurozone will collapse eventually (2012?). It is a question of whether the Illuminists are ready to implement the next stage of their planned collapse of the global economy. It appears they are not fully ready yet. Their plan is fraught with risks, they know it and will adopt a full frontal brute force approach: ‘To hell with the sheeple, laws, rules, national sovereignties…etc. All who oppose us will be decimated. We make the rules/laws!’
  • The problem is: many who are awake will simply man up and take the fight to them. If we are all going to die in Illuminists generated chaos, wars, economic collapse, engineered famines/diseases ….etc. We might as well go to war with the Illuminists who are screwing us for the sake of our future and our children! Why should we accept the genocidal madness of the Bolsheviks, Pol Pot, Mao Tse Tung ….etc.

    It’s ever more obvious, Greece must leave the euro
    By Jeremy Warner, http://www.telegraph.co.uk/
    I’ve hardly been alone, but that’s no excuse. For more than a year now, I’ve   been regularly predicting the euro crisis’s final denouement, yet still it hasn’t arrived.

    So I’ve been forced to reach a different conclusion; perhaps it never will.   Instead, the eurozone has entered a seeming state of permanent crisis. In   desperation, European policymakers have adopted a very British   characteristic – the hope that they can somehow just muddle through.

    But though no   one can know the exact timing of the endgame – that’s ultimately for   the politicians to decide, so no time soon might be a reasonable bet – it’s   now fairly clear what that endgame must be.

    What’s presently being played out among the GIPS (Greece, Ireland, Portugal   and Spain) is final proof that you cannot have a monetary union of such size   among sovereign nations without compensating fiscal union. That simple   underlying truth leaves the euro facing a choice between two equally   unappetising outcomes.

    Either the richer countries carry on bailing out the poorer ones more or less   indefinitely, rather in the manner that Germany subsidises its formerly   communist East, or membership of the euro has to be reconstituted on a   smaller and more sustainable basis. There’s really nothing in between. The   longer European policymakers remain in denial about this choice, the worse   the situation will become.

    So it’s with a sense of weary familiarity we approach the latest impasse. The   European Central Bank is implacably opposed to debt restructuring, but the   eurozone’s solvent Northern states have reached the limit of their appetite   for further bail-outs. This leaves Greece in an impossible position; it can   neither reduce its debt burden through restructuring, nor will anyone lend   it more money.

    Who knows, maybe this time, the Greek sub-plot really will bring the euro’s   wider crisis to a head. Greece is apparently unable to agree additional   austerity measures so the International Monetary Fund is refusing to release   its share of the next €12bn tranche of bail-out funding, or at least not   until – and please don’t laugh – its eurozone partners commit to more aid   for Athens to plug next year’s funding gap.

    From the sublime to the ridiculous, Greek newspaper reports have it that Prime Minister George Papandreou has threatened to call a referendum on the austerity measures if he cannot secure political agreement. The story has been denied, but it demonstrates how desperate the situation has become. Mr Papandreou is in such a fix that he was thinking of relying on the idea that turkeys really would vote for Christmas.

    …. for the full article click here!

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May 27, 2011 Posted by | Economics, Social Trends | , , , , , , , , , , , | Comments Off on Jeremy Warner: It’s Ever More Obvious, Greece Must Leave The Euro!

The Daily Bell: US & UK – Next Phase of World Domination?

  • The Anglo-American Illuminist cabal is controlled by the Black Nobility of Europe. These are generational Satanic bloodlines. America is simply a crown ‘colony’ of UK Windsor bloodline. When I say the Anglo-American Illuminist axis, it must not be construed that the general public are in on it and are supporting the evil things this cabal do. The sheeple do not really know what is going on. IMO: Australia, New Zealand, Canada and even Singapore are crown ‘colonies’. These countries are largely, privately owned by the Black Nobility of Europe.
  • In the coming years, the Luciferian rulers of the world will reveal themselves more and more. They want to take over the world overtly, publicly, openly… by implementing their Luciferian New World Order, Global Fascist Military-Police State –> ‘666’. Any country which refuses to accept their new world hegemony will be destroyed by war! It is in reality a war by the Satanists against all the sheeple of the world / the rest of humanity.
  • What is reported in the MSM is largely propaganda and lies for sheeple consumption. The Daily Bell gives its analysis on the situation.

    US & UK: Next Phase of World Domination?
    by http://thedailybell.com/
    US, UK form joint security council Obama will announce on his first state visit to Britain this week that the White House is to open up its highly secretive National Security Council to Downing Street. The move aims to show the US still values the trans-Atlantic ‘special relationship.” A joint National Security Strategy Board will be established to co-ordinate senior officials on both sides in dealing with challenges such as terrorism and rogue states. – Sydney Morning Herald

    Dominant Social Theme: England and America, perfect together …

    ….
    Anglo-American elites behind the war, having failed for a second time in 100 years to beat the stubborn Pashtun Afghan-Pak nation into a bloody pulp, are apparently regrouping for other fights. Bin Laden’s non/death (we believe he probably died 10 years ago) is useful in this regard. We are now detecting at least two ways it is being manipulated. It is allowing the US and NATO to declared victory in order to reduce forces, and it is also putting significant additional pressure on Pakistan’s leaders.

    This can either lead to an invasion in Pakistan to route out the Taliban, a general war with Pakistan, or even an international realignment in which Pakistan seeks to ally itself with China against the US. This latter evolution would begin to set up China as a military opponent of the US – which the US military-industrial complex may be seeking in order to keep orders moving. As we have pointed out in the past, the war on terror is simply not compelling enough. Something on the scale of a Cold War is necessary to keep the big money flowing to America’s military providers.

    Of course, Obama is sticking close to the Pentagon line as he always does. He was asked, according to the article, whether the US has plans to speak directly to the Taliban (apparently the US already is) and he replied in the cautious affirmative as follows: ‘Ultimately, it means talking to the Taliban, although we’ve been very clear about the requirements for any kind of serious reconciliation. The Taliban would have to cut all ties to al-Qaeda, renounce violence, and they would have to respect the Afghan constitution. Now those are some fairly bare-bones requirements.’

    Obama needs to say something like this because the American generals are having trouble giving up the fight and Obama doesn’t really want to get on the wrong side of the US military. But from what we can tell the game is pretty much over. The US may make all sorts of public preconditions about talking to the Taliban, but the war is costing US$100 billion a year and every day more and more hearts and minds are being lost – not won. There is no reason for the US to stay in Afghanistan any longer or at least not from the point of view of a full-fledged military operation. There are other wars to fight.

    Yes, the playing field has enlarged considerably. The Anglo-American axis has done some of what it needed to do in Iraq and Iran and now the battles must be waged elsewhere. As we state every now and again, the goal is world domination and has nothing (primarily) to do with oil, gas, pipelines, currency or any other kind of raw material. Those are secondary reasons.

    Primarily, Anglosphere elites are intent on influencing CULTURE. The first thing Western occupying forces do when they enter a nation is set up a central bank. The next thing they do (mostly the Americans) is to begin to set up military bases. The central bank secures the ultimate control of the business environment and the bases secure some (enough) control of the political process – which is also reconfigured into a regulatory democracy.

    In the case of Afghanistan, the Western elites have not entirely secured their goals, nor will they. The Pashtuns will survive as an independent entity as they have before. In Iraq, the process is more advanced. The government itself is somewhat dependent on the Americans and the political class generally may not want the Americans to leave.  But there is a significant Shia population that wants nothing to do with the US. Bombs are beginning to go off in Iraq again and the only group besides a handful of political leaders that wants the Americans to stay is a small, northern Kurdish population.

    What will happen to the Afghan and Iraq troops that are drawn down? Well, from our point of view, the Anglosphere has made a tactical decision to use freed-up resources to intimidate the larger Middle East and parts of Africa since it cannot finish the job in Iraq and Afghanistan. Additional troops may be deployed for maximum effect in and around countries such as Syria, Jordan, Egypt and Libya.

    The idea is to spread Anglo-American influence throughout the region in order to bring it under far firmer control of the West. Iran and the Palestinians are additional logical additional targets for this next chapter of Western world domination; Saudi Arabia, Bahrain and the United Arab Emirates are already Western proxies. The West even has a compliant media outlet in the Middle East in Al Jazeera from what we can tell, as Al Jazeera was funded by the Western puppet state of Qatar and staffed initially with BBC reporters.

    Hillary Clinton held a news conference with her British counterpart yesterday. Much of the news conference consisted of Ms. Clinton warning the leaders of Libya, Syria and other countries that their time was basically up and that the US and Britain were going to dictate the nature and shape of future governments in the region. “Leaders,” Ms. Clinton intimated in her droning monotone, “do not step out of line or the UN will sanction you and NATO will invade you.”

    None of this is preordained in the era of the Internet. The CIA-sponsored youth movements (See AYM) in Egypt and Tunisia have already spiraled out of control. As we have stated many times, the broad manipulations of Money Power in the 20th century are not so effective in the 21st as in the 20th. The West has apparently absorbed a defeat in Afghanistan and Iraq has not been properly reconfigured either.

    Conclusion: It is the masses themselves, informed by the ‘Net that will provide the most formidable pushback to the West’s Middle Eastern and African consolidation – a process we refer to as the Internet Reformation.  The elites know this of course, and are doing what they can to diminish such pushback by imposing economic chaos, high food prices, etc. But understanding the process and doing something to effectively halt it are two different things. History itself may be conspiring against fuller, Western elite control in the 21st century.

The Western Illuminati Organization Chart. Source: http://www.stevequayle.com

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May 27, 2011 Posted by | EndTimes, GeoPolitics | , , , , , , , , , , , | Comments Off on The Daily Bell: US & UK – Next Phase of World Domination?

The Absurd US Stance on Israel’s Nukes!

  • The country which most threatens Middle East peace is nuclear Zionist ‘666’ Israel. It is the nation which pretends to be a victim while committing acts of genocide and ethnic cleansing against the Palestinians. Do not be fooled by this violent neo Nazi, apartheid state. It is simply a military outpost of the Anglo-American-Zionist cabal, a Satanic Rothschild bloodline fiefdom. The real purpose is to fulfil the Illuminist Satanic World War 3 Plan! It is the only country in the world to fly a ‘666’ flag! It is a Satanic counterfeit!

    The Absurd US Stance on Israel’s Nukes: A Video Sampling of Denial
    by Sam Husseini , http://antiwar.com/
    On Tuesday, at a rare joint session of Congress for a foreign leader, members of Congress will clap hands raw for Benjamin Netanyahu, the prime minister of Israel—a nation many members of Congress are incapable of speaking simple truths about.

    The upshot of the professional wrestling “fight” between Obama and Netanyahu the last several days is that they both want the Israeli-Palestinian conflict to be decided by “negotiations between the parties.” These “negotiations” are between a nuclear armed Goliath Israel and largely defenseless Palestinians. It’s like“negotiations” between the Corleone family and a bandleader—except we’re not even supposed to notice the Corleone family comes to the table with huge guns drawn.

    Sunday at AIPAC Obama spoke of the “existential fear of Israelis when a modern dictator seeks nuclear weapons and threatens to wipe Israel off the face of the map—face of the Earth.” He spoke of “our commitment to our shared security in our determination to prevent Iran from acquiring nuclear weapons.” Obama said to applause from the attendees at the pro-Israel group: “So let me be absolutely clear—we remain committed to preventing Iran from acquiring nuclear weapons.… Its illicit nuclear program is just one challenge that Iran poses.” Of course, Netanyahu is ever more vociferous in his accusations regarding Iran’s alleged nuclear weapons program.

    But at his first news conference at the White House in February 2009, Obama was asked by Helen Thomas if he knew of any country in the Middle East that has nuclear weapons. Obama replied that he didn’t want to“speculate.” It’s simply not a credible position to have.

    Obama is accusing Iran of having an “illicit nuclear program”(which seems to exaggerate the National Intelligence Estimate findings) while refusing to acknowledge the Israeli nuclear weapons arsenal. Mordechai Vanunu definitively exposed Israel’s nuclear weapons program in 1986 and was tossed into prison for 18 years, most of it in solitary confinement, for doing so. The Federation of American Scientists estimates that Israel has between 70 and 400 nuclear weapons. These weapons pose a real—not a potential or an imagined—threat to millions upon millions of people in and beyond the region. So do nuclear weapons held by other countries, but at least they are acknowledged.

    But the U.S. and Israeli governments have maintained a stance of “deliberate nuclear ambiguity” since Richard Nixon and Golda Meir made a deal on the matter and stopped nuclear inspections in Israel in 1970.

    The U.S. government’s stance is particularly absurd given that the main pretext for invading Iraq was false claims about that country’s alleged possession of WMDs. As part of Washington Stakeout, where I ask tough questions of politicians as they leave the Sunday morning chat shows, I’ve asked a host of politicians about Israel’s nuclear arsenal. Though they’ve varied somewhat in their answers, none has actually been straightforward.

    John Negroponte, who when I questioned him was director of national intelligence, outright refused to engage on the issue: “I don’t want to get into a discussion about Israel’s nuclear powers.” While they were in office, Cheney and Rice wouldn’t stop for Stakeout questions at all.

    Sen. John Cornyn (R-Texas) told me that “there is no comparison between Israel and Iran, and those who would draw a comparison ignore the fact that Israel is our ally,” virtually defining what hypocrisy is. Similarly, I asked John Edwards, “Doesn’t Israel have nuclear weapons?” and he responded by voicing his concern about “Iran having a nuclear weapon” and the proliferation that would allegedly cause: “odds are high that if Iran goes nuclear that the Saudis will go nuclear, the Egyptians will go nuclear, the Jordanians may go nuclear”—all without acknowledging that Israel has nuclear weapons.

    Which raises a central question: If Iran is going nuclear, why would that be? One possible answer is because Israel has nuclear weapons. Contrary to conventional wisdom, that seems to have been the case with Iraq. Imad Khadduri, who worked on the Iraq nuclear weapons program beginning in 1981—after Israel bombed an Iraqi nuclear reactor—told me that the Israeli attack actually drove him and others to work on a weapons program: “I worked on the pre-1981 nuclear program and I was certain it would not be used for military purposes. But after the 1981 bombing, we were so angry that we were ready to work on a military program.” (Before the 2003 invasion of Iraq, Khadduri argued that, contrary to what the Bush administration was claiming, the Iraqi nuclear weapons program had been dismantled.)

    … for the full article click here!

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 27, 2011 Posted by | GeoPolitics | , , , , , , , , , , , | Comments Off on The Absurd US Stance on Israel’s Nukes!

Cynthia McKinney: Obama’s So Called Humanitarian Aid to Libya is A Disaster!

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Alex Jones: Oregon Senator Reveals Secret Government Surveillance Grid !

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Israeli White Phosphorous Bombing Genocide of Palestinian Civilians!

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 27, 2011 Posted by | GeoPolitics | , , , , , , | Comments Off on Israeli White Phosphorous Bombing Genocide of Palestinian Civilians!