Socio-Economics History Blog

Socio-Economics & History Commentary

SILVER is The Achilles’ Heel To The Entire Economic System !

March 22, 2012 Posted by | Economics | , , , , , , , , , , | 1 Comment

Mike Adams: Obama Seizes Control Over All Food Production Under Executive Order!

March 22, 2012 Posted by | Economics, Social Trends | , , , , , , , , , , , , , , , , | Comments Off on Mike Adams: Obama Seizes Control Over All Food Production Under Executive Order!

Lindsey Williams & Chris Waltzek: Economic & Financial Collapse! Saudi Arabia Abandoning Dollar?

  • Lindsey Williams : Goldseek Radio 20 March 2012 , Obama may not be reelected because the elite are angry about Obama cancelling the Keystone pipeline ,Obama is a Muslim he cancelled the keystone pipeline on favor of his friends in the middle east … the financial collapse is delayed on purpose in order to get all the countries of the world in debt so that when the crash happens they will be forced to accept the NWO currency

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March 22, 2012 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Iran Oil Ban To Break EU Faster Than Euro?

March 22, 2012 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Comments Off on Iran Oil Ban To Break EU Faster Than Euro?

Package War? West To Strike Iran, Syria & Hezbollah!

March 22, 2012 Posted by | GeoPolitics | , , , , , , , , , , | Comments Off on Package War? West To Strike Iran, Syria & Hezbollah!

UN Now a War-Making Organization!

March 22, 2012 Posted by | GeoPolitics | , , , , , , , , , , , , | Comments Off on UN Now a War-Making Organization!

Private Prisons: The Most Profitable Real Estate in The US?

March 22, 2012 Posted by | Economics | , , , | Comments Off on Private Prisons: The Most Profitable Real Estate in The US?

David Ray Griffin on The 9/11 Cell Phone Calls from Hijacked Planes Fraud !

  • CBC The Fifth Estate – The Unofficial Story
    Exclusive Video Interview: David Ray Griffin
    Phone Calls from the 9/11 Airliners:
    Response to Questions Evoked by My Fifth Estate Interview
    by Prof David Ray Griffin
    Global Research, January 12, 2010
    http://www.globalresearch.ca/index.php?context=va&aid=16924

    A professor emeritus of Philosophy of Religion and Theology at the Clarement School of Theology in California for 30 years , David Ray Griffin has today, through his books and lectures, become better known as one of the leading voices of the “9/11 Truth Movement.” Through his investigation and analysis of the fall of the Twin Towers and mysterious collapse of World Trade Centre 7, the attack on the Pentagon and the final 9/11 Commission Report, Griffin continues to raise provocative questions about the inconsistencies and contradictions of the official version of the events of September 11, 2001.

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March 22, 2012 Posted by | GeoPolitics, History | , , , , , , , , , | Comments Off on David Ray Griffin on The 9/11 Cell Phone Calls from Hijacked Planes Fraud !

A Massive Spike In The Price of Silver Is Imminent?

March 22, 2012 Posted by | Economics | , , , , , , | Comments Off on A Massive Spike In The Price of Silver Is Imminent?

Obama Executive Order Paves the Way for Nationalization of Economy!

  • What are the snakes preparing for? Martial law and police state in America. The western Illuminati has one more card left to play: world war! They want to use Americans, as cannon fodder, for the conquest of the world. They want to bring war to American soil. This is all part of their Luciferian New World Order plan.

    Obama Executive Order Paves the Way for Nationalization of Economy
    by Paul Joseph Watson & Alex Jones, www.Infowars.com
    Government greases the skids for America’s Greece-style meltdown
    The Obama administration’s move to update an executive order to allow the government to seize control of virtually every aspect of society in both emergency and non-emergency situations lays the groundwork for the future nationalization of the U.S. economy.

    Entitled “National Defense Resources Preparedness,” Obama signed the executive order late Friday afternoon. Such timing is normally a deliberate ploy to prevent a controversial issue from being picked up by the news cycle. Recall that Obama signed the highly contentious National Defense Authorization Act on New Year’s Eve.

    Under section 201, the EO allows the federal government to take control of;

    Sec. 201. Priorities and Allocations Authorities. (a) The authority of the President conferred by section 101 of the Act, 50 U.S.C. App. 2071, to require acceptance and priority performance of contracts or orders (other than contracts of employment) to promote the national defense over performance of any other contracts or orders, and to allocate materials, services, and facilities as deemed necessary or appropriate to promote the national defense, is delegated to the following agency heads:

    (1) the Secretary of Agriculture with respect to food resources, food resource facilities, livestock resources, veterinary resources, plant health resources, and the domestic distribution of farm equipment and commercial fertilizer;

    (2) the Secretary of Energy with respect to all forms of energy;
    (3) the Secretary of Health and Human Services with respect to health resources;
    (4) the Secretary of Transportation with respect to all forms of civil transportation;
    (5) the Secretary of Defense with respect to water resources; and
    (6) the Secretary of Commerce with respect to all other materials, services, and facilities, including construction materials.

    Although the executive order is an update to the almost identical EO 12919, which was signed by Bill Clinton in 1994, in Section 201(b) of the new version, the words “under both emergency and non-emergency conditions” have been added.

    In other words, the federal government is claiming the power to seize totalitarian control of the whole economy – nationalization über alles. The administration’s move to allow an executive order designed for a time of national crisis to be applied in non-emergency peace time represents a significant ratcheting up on the richter scale of martial law, a measurement Infowars has been upgrading since the late 1990′s.

    Just because Obama’s predecessor’s like Clinton and Bush did not use this executive order doesn’t mean it’s not anathema to the U.S. constitution. Obama may not use it either, but just as the President has promised to not use the ‘kidnapping’ provisions of the NDAA which his administration pushed for, that does nothing to prevent a future administration from indefinitely detaining American citizens under the law.

    … for more click here! 

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March 22, 2012 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , | Comments Off on Obama Executive Order Paves the Way for Nationalization of Economy!

Richard Russell: Silver Now Outpacing Gold & FedRes Frightened !

  • The bullion banksters can only play their game for so long. Many countries are abandoning the USD for international trade settlement. It is a question of when the USD collapses! Got physical gold/silver yet?

    Richard Russell – Silver Now Outpacing Gold & Fed Frightened ! 
    by www.kingworldnews.com
    With gold holding near the $1,650 level, today the Godfather of newsletter writers, Richard Russell, had this to say about what is happening in the gold, silver and stock markets: “The greatest credit bubble in history has burst. The world markets are now under long-term pressure from deleveraging and contraction, all as a result of the correction of the boom (bubble) since World War II.”
    ….
    Silver is now outpacing gold on a relative strength basis. … Reacting to the current forces of contraction and deflation, gold turns temporarily soft, as it awaits the next actions of the central banks, all of which are starting to pump and create more fiat money.”

    … for more click here!

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March 22, 2012 Posted by | Economics | , , , , , , , , , , | Comments Off on Richard Russell: Silver Now Outpacing Gold & FedRes Frightened !

Greece is Now Irrelevant. Watch Spain And Germany!

The Eurozone is on fire!

  • It will take a couple of months before the total/real consequences of the Greek default are revealed. Many people are celebrating a successful ‘orderly’ Greek default too soon.

    Greece is Now Irrelevant. Watch Spain and Germany! 
    by Graham Summers, Phoenix Capital Research, http://www.zerohedge.com/ 
    Earlier this month, Spain began “rocking” the EU boat by telling the EU it wasn’t going to meet the new EU fiscal requirements.

    Spain’s sovereign thunderclap and the end of Merkel’s Europe
    As many readers will already have seen, Premier Mariano Rajoy has refused point blank to comply with the austerity demands of the European Commission and the European Council (hijacked by Merkozy).

    Taking what he called a “sovereign decision”, he simply announced that he intends to ignore the EU deficit target of 4.4pc of GDP for this year, setting his own target of 5.8pc instead (down from 8.5pc in 2011). In the twenty years or so that I have been following EU affairs closely, I cannot remember such a bold and open act of defiance by any state. Usually such matters are fudged. Countries stretch the line, but do not actually cross it. 


    With condign symbolism, Mr Rajoy dropped his bombshell in Brussels after the EU summit, without first notifying the commission or fellow EU leaders. Indeed, he seemed to relish the fact that he was tearing up the rule book and disavowing the whole EU machinery of budgetary control.

    http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100015432/spains-sovereign-thunderclap-and-the-end-of-merkels-europe/

    Spain ultimately acquiesced here once the EU permitted it to meet more lax requirements. However, this was a definite warning shot from a BIG PROBLEM country for the EU. As I’ve noted before, Spain must be watching what’s happening in Greece and asking itself whether it wants to go through this whole process of negotiating for bailouts via austerity measures

    Indeed, Spain’s economy is already disastrous. Unemployment is already 20+% without any major austerity measures having been put in place. Anecdotal reports show Spain to be an absolute disaster. Spanish banks GREATLY underplay their exposure to the Spanish housing market (“officially” prices are down 20% but most likely it’s a lot more than that).

    … for more click here!

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March 22, 2012 Posted by | Economics | , , , , , , , , , , , , , | Comments Off on Greece is Now Irrelevant. Watch Spain And Germany!

Mark Grant’s Wake Up Call: Italy Has $211 Billion In Notional Exposure To Derivatives And Debt To GDP of 144%!

  • The official statistics coming out of the Eurozone are BS. The sovereign debt problem is alot bigger than what they are telling us. Was Greece saved? Debt forgiveness amounted to about €$100-105B but the new debt (2nd bailout) is €$130B. The reality is: their debt problem has just grown bigger by about €$25-30B! The Illuminist banksters have no intentions of solving the debt problem. They are making the problem bigger so that when everything goes to hell, they will own many countries. The sheeple will be turned into perpetual debt slaves!

    Mark Grant’s Wake Up Call: Italy Has $211 Billion In Notional Exposure To Derivatives, And Other Trivia! 
    by Mark Grant, http://www.zerohedge.com/ 
    … Today is March 21, the day after the day that was enshrined in our memories as the payment on the Greek bonds was due. A red letter day that was crossed out by the EU bailout and not even a mention of it today in the Press. The end of the Ides of March or perhaps the beginning of something more ominous; et tu Brutus?

    Italy
    It was nothing more than a footnote in the Morgan Stanley financials; a $3.4 billion pay-out by Italy to settle a derivatives contract made in 1994. Say goodbye to 50% of the tax hikes imposed by the Monti government because that is what was wiped out by this payment. It is also interesting to note that that Mario Draghi, currently President of the European Central Bank, was the Director-General of the Italian Treasury when this derivative was formulated.

    Then comes the bomb, only mentioned in a brief article yesterday on Bloomberg, and not noted anywhere in the Press this morning. Marco Rossi Doria, an undersecretary in Monti’s administration, tasked with responding to a parliamentary interrogation on derivatives, admitted that the Italian Treasury had $211 billion in “notional” exposure to derivatives, which is around eleven percent (11%) of Italy’s total GDP. This new exposure, coupled with the work I did a few days ago and noted in my commentary of March 17, now brings Italy’s actual debt to GDP ratio to a whopping 144.3%.

    The Unsustainable Path
    I call the ball early; that is what I do. I do not sling around Gloom and Doom nor do I make any effort to make the next big call for self-aggrandizement. I stare at the facts, follow the deductive process down the road and present my conclusions. It is as simple and as complicated as that as I made my predictions on Greece, Portugal and Ireland. You may say what you like, attribute it to luck or my friendship with the Wizard but my predictions are in black and white and, once made, there for anyone to evaluate.

    So this morning I state, with a great deal of certainty, that regardless of the markets currently ignoring anything and everything, that we are on an unsustainable path that is going to whack us all on the backsides some quarters out. You cannot continue to play charades with the truth and present false data as accurate numbers without the Truth eventually springing out of Pandora’s Box and pulling on your ear lobes.

    Please note the increasing size of Target-2, the amount of loans made by the ECB, the decrease in the quality of collateral at the European Central Bank, the real debt to GDP ratios of Italy, Spain, Portugal, Belgium et al and it becomes readily apparent that the pyramid scheme constructed by Europe cannot and will not hold past some indeterminate point in time. Ponzi bonds and Ponzi schemes always work for a while but then the cat comes charging out of the bag, claws out, fangs bared and one bloody mess will be the final outcome.

    … for more click here!

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March 22, 2012 Posted by | Economics | , , , , , , , , , , , , | Comments Off on Mark Grant’s Wake Up Call: Italy Has $211 Billion In Notional Exposure To Derivatives And Debt To GDP of 144%!

Khamenei: Iran Will Attack To Defend Itself !

There are no evidence that Iran has nuclear bombs nor a nuclear weapons program. The Zionists are trying to drag America into another unnecessary war!

  • This coming war with Iran has nothing to do with Iran having nuclear weapons. They don’t and do not even have a nuclear weapons program. It is about the western Illuminati’s global currency hegemony: USD! Iran has just started (20 March 2012) selling oil in currencies other than the USD. The reason the USD is the world reserve currency is: oil is bought and sold in USD ie. the Petrodollar standard. Since all nations need oil, they need to hold USD. Thus, there is an enormous demand for USD. Without this petrodollar demand, the USD will collapse.
  • It is because of this global monetary hegemony that the US is able to create gobs of USD out of thin air. The Illuminists create even more demand for the USD by raising oil prices via their Illuminist Big Oil cartel. Thus, the snakes are able to finance their wars, launch global conquest, destroy nations using financial warfare, cause famine by buying up commodities, manipulate prices …. etc.
  • The Satanic World War 3, Greater Middle East War is on! The Illuminists will not allow any country to threaten their global monetary hegemony. Yes, the USD will collapse but the Illuminists are lining up their One World Currency replacement backed by gold. Any country who rejects their new global monetary hegemony will face their war machine. (emphasis mine)

    Iran will attack to defend itself: Khamenei! 
    Reporting By Marcus George; editing by Andrew Roche, Reuters
    In the face of aggression from the United States or Israel, Iran will attack to defend itself, Iran’s most powerful figure, Ayatollah Ali Khamenei said on Tuesday.

    “We do not have nuclear weapons and we will not build them but in the face of aggression from the enemies, whether from America or the Zionist regime, to defend ourselves we will attack on the same level as the enemies attack us,” Khamenei said live on television.

    “Americans are making a grave mistake if they think by making threats they will destroy the Iranian nation,” he said in his annual speech to mark Nowruz, the Iranian New Year. Israel and the United States have threatened military action against Iran unless it abandons nuclear activities which the West suspects are intended to develop nuclear weapons.

    Further talks between Iran and the P5+1 group of countries are expected to take place next month in an attempt to reach a compromise deal. The most recent talks between world powers and Iran failed in January 2011 because of Iran’s refusal to suspend its sensitive uranium enrichment work, as demanded by several U.N. resolutions and major powers.

    It says it has the right to develop a peaceful nuclear program under the nuclear Non-Proliferation Treaty. In his speech, Khamenei highlighted the country’s nuclear achievements over the last 12 months – increasing uranium enrichment to 20 percent and loading domestically-made fuel rods into the Tehran Research Reactor.

    “In a situation where the enemies were putting bets on the fall of the Iranian nation, and talking about the crippling sanctions, Iran has accomplished all these achievements,” he added.

    The U.S. and its allies have imposed tough new sanctions on Iran since this year which western diplomats say show signs of having a strong effect on the Iranian economy. Earlier, Khamenei unveiled a national production plan and urged the nation to buy domestically-made goods, saying it would help to defeat sanctions.


“Iran doesn’t frighten me and I don’t think it should frighten the American people. They don’t have a bomb. They haven’t made a decision to build one. They don’t have the means to deliver one. And the Israelis have 300 atomic bombs! I mean who presents the existential threat to whom?” – Pat Buchanan (7:58 onwards)

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March 22, 2012 Posted by | GeoPolitics | , , , , , , , , , , , , , | Comments Off on Khamenei: Iran Will Attack To Defend Itself !

John Embry: $50 Downside on Gold But $1,000’s To The Upside!

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

  • The bullion banksters cannot drive the price of gold (and silver) down indefinitely. They know there are massive buy orders close to the US$1600/oz level. Physical gold is disappearing from the west into the east (mainly China).

    John Embry: $50 Downside on Gold but $1,000’s to the Upside! 
    by www.kingworldnews.com
    With continued volatility in gold and silver, and oil holding well above the $100 level, today King World News interviewed John Embry, Chief Investment Strategist of the $10 billion strong Sprott Asset Management. Embry told KWN gold has virtually no downside at these levels, but massive upside. Here is what Embry had to say: “I wouldn’t worry about it, I think you’re talking $50 to the downside on gold and thousands of dollars to the upside. These guys (manipulators) are really working on it relentlessly, which suggests to me there are more problems behind the scene than even I imagine.

    They do not want the monetary policy central banks are embarked upon, which is as much money creation as necessary, they do not want people seeing the obvious alternative of gold and silver. So consequently they lean into it with gusto. It’s so transparent now that anybody with the slightest open mind can see what’s going on….”


    … for more click here!

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March 22, 2012 Posted by | Economics | , , , , , , , , , , , , , , | Comments Off on John Embry: $50 Downside on Gold But $1,000’s To The Upside!