Socio-Economics History Blog

Socio-Economics & History Commentary

Lindsey Williams: The Older Elites Do Not Want Obama Re-Elected !

Click on image to listen to interview of Pastor Lindsey Williams on 25 Oct 2012 by Dr. Stan Monteith of Radio Liberty!

  • First broadcast on 25 Oct 2012!

    Lindsey Williams: The most dastardly act that has ever been perpetrated on the American people in the history of this country probably took place on Sept. 13, 2012. You saw it in the national news, and everyone heard what Mr. Bernanke said, but very few realize the significance of what he was talking about when he said that the Federal Reserve, as of that day, would begin purchasing $40 billion in mortgage backed securities and Treasuries each month, indefinitely, from that point on. After this announcement, Mr. Williams said he called his contact and confidante in the oil industry who has inside knowledge on what the new Fed QE policy intends to do for America.

    Lindsey Williams: (To his contact by phone) I think there must be more behind this than what meets the eye, will you please answer some questions for me? He was more than happy to answer, and here are some of the questions that I asked.   Lindsey Williams: Now I understand that the Federal Reserve is going to purchase $40 billion in Mortgage Backed Securities (MBS) every month. He said that’s correct. Am I to understand that this $40 billion is in mortgages, whether they be toxic or non-toxic? He said that’s correct.    Let me then put it in simple terms… it’s your house. It’s the mortgage on your house. If you’re house it mortgaged, then the Federal Reserve could have possibly purchased the mortgage in September, or October, and every month…

    Lindsey Williams: Where is the Federal Reserve going to get $40 billion every month? Indefinitely? The contact said immediately, and without hesitation, they are going to get it out of thin air (print it).   Lindsey Williams: So they are going to print money out of thin air to purchase a home, a shopping center, any property held as security for the loan? Yes.   Lindsey Williams: The bottom line of this program: The banks, and those who control these banks in the Federal Reserve, will control every piece of mortgaged real estate in the U.S. before it is over.


October 31, 2012 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , | 2 Comments

Bill Murphy: JPMorgan Silver Scandal to Finally Break !

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Frankenstorm Sandy Does NYC or Goldman Sachs’ HAARP?

October 31, 2012 Posted by | Disaster, GeoPolitics, Social Trends | , , | Comments Off on Frankenstorm Sandy Does NYC or Goldman Sachs’ HAARP?

Israel Plays Barbaric Games in Gaza! Israeli Attacks Destroy Gazan’s Houses!

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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Silencing Press TV Part of Pre-War Plan Against Iran!

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Truce Ineffective with US, Qatar, Saudi Arabia Meddling in Syria!

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Dr Nick Begich: The Technologies of Political Control ! HAARP, Weather Warfare & Mind Control !

  • Alex talks with the foremost expert on HAARP, Dr. Nick Begich. In a interview last year, Begich talked about controversial science experiments, including HAARP, mind control technology, and compartmentalization within the science community. He is the author of Controlling the Human Mind: The Technologies of Political Control or Tools for Peak Performance and Angels Don’t Play This Haarp: Advances in Tesla Technology.


October 31, 2012 Posted by | Disaster, GeoPolitics, Social Trends | , , , , , , , | 2 Comments

Is Obama Using HAARP to Get Re-Elected? Bob Fletcher Reports!

  • Alex talks with investigator, film producer, speaker, author and businessman Bob Fletcher, who has produced a number of videos, including: Weather Control as a Weapon, The Bombs of Oklahoma and Exotic Weapons of Mass Control.

Click on image to goto the pdf file!


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*RED ALERT: FEMA Making Preparations to Postpone Presidential Elections in Wake of Sandy!

Illuminist puppets!

  • *RED ALERT: FEMA Making Preparations to Postpone Presidential Elections in Wake of Sandy! 
    *BREAKING* FEMA has just reported that they are preparing for Hurricane Sandy to disrupt next Tuesday’s Presidential elections.
    Will Obama declare Martial Law along the US east coast due to the massive devastation and become the defacto der fuhrer by suspending elections?

    The Federal Emergency Management Agency is preparing for Hurricane Sandy to disrupt next week’s elections, agency Administrator Craig Fugate said Monday afternoon.

    From Politico:

    We are anticipating that, based on the storm, there could be impacts that would linger into next week and have impacts on the federal election,” Fugate said on a conference call with reporters. But any potential tinkering with Election Day would bring a bevy of legal issues.

    “Our chief counsel’s been working on making sure that we have the proper guidance,” he added. “We’re going through the regulatory policy and making sure all that’s in place and we can support it.”

    It appears that only local elections would be impacted- but such a situation could result in a nightmare as most of America would vote on Tuesday and then wait indefinitely for the Northeast to hold their elections:

    Based on what little legal precedent there is — most of which is because of concerns over terrorism — plus the role of the states in administering elections, the president and Congress aren’t very likely to step in, according to Winkler.

    A prominent example is New York’s Sept. 11, 2001, mayoral primary was postponed due to the terrorist attacks on that city.

    Winkler also pointed to the 2004 election, during which concerns about terrorist attacks disrupting the election swirled.

    The House of Representatives that year overwhelming passed a resolution declaring that “the actions of terrorists will never cause the date of any Presidential election to be postponed; and … no single individual or agency should be given the authority to postpone the date of a Presidential election.”

    With Obama now behind in nearly all polls, does anyone think he would not jump at the opportunity to use his power to postpone the elections?

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October 31, 2012 Posted by | Disaster, GeoPolitics | , , , , , | Comments Off on *RED ALERT: FEMA Making Preparations to Postpone Presidential Elections in Wake of Sandy!

Illuminati, Nazis & the Illegal State of Israel !

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

  • This is an excellent article which traces the real history of Zionist ‘666’ Israel. You will not hear about this in the mainstream propaganda history books! But it is true. What Dean Henderson has left out is the fact that: Modern Ashkenazi Jews Are NOT Descendents of The Biblical Israelites! Modern Ashkenazi Khazars (90+% of Modern Jewry) are NOT The Jews of The Bible! Zionist ‘666’ Israel is a Satanic counterfeit! See also:

    Benjamin Freedman: Ashkenazi Khazars Self Style “Jews” Are Not Semitic And Not The Biological Descendents of The 12 Tribes of Israel !
    The 13th Tribe of Khazaria! Ashkenazi Khazars Are Not The Jews of The Bible!
    Modern Ashkenazi Jews are not the Jews of the Bible!
    New Genetic Research Confirms Koestler’s “Khazar” Theory! Ashkenazi Jews Are Not The Jews of The Bible!
  • Zionist ‘666’ Israel is founded by the Rothschild blodline of the 13 Satanic bloodlines. It is simply a Rothschild military fiefdom. Dean Henderson writes real history and not sanitized propaganda. Excerpts:

    Illuminati, Nazis & the Illegal State of Israel! 
    by Dean Henderson, 
    If we wish to end the Israeli/Palestinian conflict, we need to know who created Israel and why.  In 1917 British Foreign Secretary Arthur Balfour penned a letter to Zionist Second Lord Lionel Walter Rothschild in which he expressed support for a Jewish homeland on Palestinian-controlled lands in the Middle East.  This Balfour Declaration justified the brutal seizure of Palestinian lands for the post-WWII establishment of Israel.

    Israel would serve, not as some high-minded “Jewish homeland”, but as lynchpin in Rothschild/Eight Families control over the world’s oil supply.  Baron Edmond de Rothschild built the first oil pipeline from the Red Sea to the Mediterranean to bring BP Iranian oil to Israel.  He founded Israeli General Bank and Paz Oil and is considered the father of modern Israel.

    The Rothschilds are the planet’s wealthiest clan, worth an estimated $100 trillion.  They control Royal Dutch/Shell, BP, Anglo-American, BHP Billiton, Rio Tinto, Bank of America and scores of other global corporations and banks.  They are the largest shareholders in the Bank of England, the Federal Reserve and most every private central bank in the world.  They needed a footprint in the Middle East to protect their new oil concessions, which they procured through Four Horsemen fronts like the Iranian Consortium, Iraqi Petroleum Company and Saudi ARAMCO.

    Rothschild’s Shell and BP formed these cartels with the Rockefeller half of the Four Horsemen- Exxon Mobil and Chevron Texaco.  This new alliance required a “special relationship” between Great Britain and the US, which still exists today.  Rothschild and other wealthy European shareholders could now utilize the United States military as a Hessianized mercenary force, deployed to protect their oil interests and paid for by US taxpayers.  Israel would serve the same purpose in closer proximity to the oilfields.  The Israeli Mossad is less a national intelligence agency than it is a Rothschild/Rockefeller family security force.
    In 1919 Rothschild’s Business Roundtable spawned the Royal Institute of International Affairs (RIIA) in London.  The RIIA sponsored sister organizations around the globe, including the US Council on Foreign Relations.  The RIIA is a registered charity of the Queen and, according to its annual reports, is funded largely by the Four Horsemen.  Former British Foreign Secretary and Kissinger Associates co-founder Lord Carrington is president of both the RIIA and the Bilderbergers.  The inner circle at RIIA is dominated by Knights of St. John Jerusalem, Knights of Malta, Knights Templar and 33rd Degree Scottish Rite Freemasons.

    The Knights of St. John were founded in 1070 and answer directly to the British House of Windsor.  Their leading bloodline is the Villiers dynasty, which the Hong Kong Matheson family- owners of the HSBC opium laundry- married into. The Lytton family also married into the Villiers gang.

    Colonel Edward Bulwer-Lytton led the English Rosicrucian secret society, which Shakespeare opaquely referred to as Rosencranz, while the Freemasons were symbolized by Guildenstern.  Lytton was spiritual father of both the RIIA and Nazi fascism.  In 1871 he penned a novel titled, Vril: The Power of the Coming Race.  Seventy years later the Vril Society received ample mention in Adolf Hitler’s Mein Kampf.  Lytton’s son became Viceroy to India in 1876 just before opium production spiked in that country.  His good friend Rudyard Kipling introduced the swastika to India and later worked under Lord Beaverbrook as Propaganda Minister, alongside Sir Charles Hambro of the Hambros banking dynasty.

    Children of the Roundtable elite are members of a Dionysian cult known as Children of the Sun.  Initiates include Aldous Huxley, T. S. Eliot, D. H. Lawrence and H. G. Wells.  Wells headed British intelligence during WWI.  His books speak of a “one-world brain” and “a police of the mind”.  William Butler Yeats, another Sun member, was a pal of Aleister Crowley.  The two formed an Isis Cult based on a Madam Blavatsky manuscript, which called on the British aristocracy to organize itself into an Aryan priesthood.  Blavatsky’s Theosophical Society and Bulwer-Lytton’s Rosicrucians joined forces to form the Thule Society, out of which the Nazis emerged.

    Rothschild, Rockefeller and the rest of the Illuminati bankers backed the Nazis.  Max and Paul Warburg sat on I. G. Farben’s board, as did H. A. Metz, who was director at the Warburg Bank of Manhattan- later Chase Manhattan.  Bank of Manhattan director and Federal Reserve Board member C. E. Mitchell sat on the board of I. G. Farben’s US branch.  In 1936 Avery Rockefeller set up a combination with the German Schroeder family, who served as Hitler’s personal bankers.  Time magazine called the new Schroeder, Rockefeller & Company “the economic booster of the Rome-Berlin Axis”.  Morgan Guaranty Trust and Union Banking Corporation (UBC) also funded the Nazis.  UBC board member Prescott Bush is W’s grandfather.

    In 1933 at the home of banker Baron Kurt von Schroeder, a deal was cut to bring Hitler to power.  Attending the meeting were brothers John Foster and Allen Dulles- Rockefeller cousins and partners at law firm Sullivan & Cromwell, which represented Schroeder Bank.  Schroeder, managing director T. C. Tiarks, was a director at the Rothschild-controlled Bank of England.  In the spring of 1934 Bank of England Chairman Montagu Norman convened a meeting of London bankers who decided to covertly fund Hitler.

    Royal Dutch/Shell Chairman Sir Henri Deterding helped in this effort.  Even after the US went to war with Germany, Exxon Chairman Walter Teagle remained on the board of I. G. Chemical- the US I. G. Farben subsidiary.  Exxon was integral in supplying the Nazis with tetraethyl lead, an important component of aviation fuel.  Only Exxon, Du Pont and GM made the stuff.  Teagle also supplied the Japanese with his product.
    At the heart of Hitler’s inner circle were the secret societies Germanordern (brothers of Yale’s Skull & Bones), the Thule Society, and Vril.  The concepts “Great Masters”, “Adepts” and the “Great White Brotherhood”, which the Nazis used to justify their idea of Aryan superiority, were ancient ideas carried forth from the Egyptian Mystery Schools by the Teutonic Knights, the Illuminati, and Hebrew Cabalists.  These same concepts can be found in today’s New Age Movement, whose New Age magazine was first published by the Grand Orient Masonic Lodge of Washington, DC.  Henry Kissinger was an early supporter.

    Nazi occultists believed ancient German tribes were the true keepers of the Ancient Mysteries which had their origin in Atlantis, when seven races of God-men were introduced to Earth.  Thule was a Teutonic Atlantis believed by the Nazis to house these long-vanquished races, who lost their godly Annunaki powers by interbreeding with humans.  At the inner core of the Thule Society were Satanists who practiced black magic.

    Hitler was once described as a “child of Illuminism”.
    According to Dr. Walter Langer, who did a war-time psychoanalysis of Hitler for the CIA-predecessor OSS, Hitler was also a Rothschild.  Langer uncovered an Austrian police report proving Hitler’s father was an illegitimate son of a peasant cook named Maria Anna Schicklgruber, who at the time of her conception was a servant in the Vienna home of Baron Rothschild.

    In May 1941 Rudolf Hess parachuted into the estate of the Duke of Hamilton, saying a supernatural force told him to negotiate with the British.  Hitler was ostensibly visited by this same apparition and suddenly turned vehemently against occultism.  He ordered a crackdown against Freemasons, Templars and the Theosophical Society.  Suddenly the international banker crowd pulled the plug on Hitler’s finances and began to denounce him.  Six months later the Hessianized US military entered WWII.
    The horrific Holocaust that ensued assured sympathy for the already-planned state of Israel.  Towards the end of WWII, the murderous Haganah and Stern Gangs were deployed by the Rothschild bankers to terrorize Palestinians and steal their land.  Jews who escaped Hitler’s gas chambers were those of means who bought into Zionism.  For a fee of $1,000- lots of money at that time- these right-wingers bought passage to Israel and escaped the fate of the poor Jews, Serbs, communists and gypsies.  The whole bloody affair was a massive eugenics project.  It had more to do with culling the herd along class lines, than it did with ethnicity or religion.

    The key to this historic puzzle is to understand that the Rothschild/Rockefeller sangreal international bankers supported both the rise of the Nazis and the creation of Israel.  None of this has anything to do with religion.  It has everything to do with oil, arms, drugs, money and power.  The Rothschilds say they are Jewish.  The Rockefellers claim to be Christian.  These are irrelevant smokescreens.  Any demagogue- who blames injustice a religion or race of people- is sadly misinformed.  Throughout history the Illuminati Satanists have sacrificed people of all race and religion to further their agenda of total planetary control.

    Israel is not a “Jewish homeland”.  It is an oil monopoly lynchpin.  Its citizens are being put in harms way- used by the Four Horsemen and their Eight Families-owners as geopolitical pawns in an international resource grab.  No peaceful solution is possible until the stolen land is returned to its rightful Palestinian owners.

    Israel is an illegal entity.  Viva Palestine!

The Western Illuminati Organization Chart. Source:


October 31, 2012 Posted by | GeoPolitics, History | , , , , , , , | Comments Off on Illuminati, Nazis & the Illegal State of Israel !

Italy and Switzerland Ban Novartis Flu Vaccines!

  • Italy and Switzerland Ban Novartis Flu Vaccines
    by Lisa Garber Activist Post 
    Amid political controversy, the Italian government took the highroad last week by suspending sales of flu vaccines when their quality and safety were called into question.

    Novartis AG (NOVN) told Italian and Swiss authorities that their products were safe, although the shots did contain particle buildup. Citing Novartis’ failure to provide adequate information for the safe sale of the shots, however, the Italian Health Ministry has banned the 488,000 doses in question.

    Swiss drug regulator Swissmedic followed Italy’s example and halted distribution of the vaccines just in case. Novartis is based in Basel, Switzerland. No illnesses have been reported—a far different outcome than the fungus-contaminated steroids spreading meningitis across the United States.

    Delayed Notification to Authorities
    Italian Health Minister Renato Balduzzi met Novartis executives late last week to discuss the company’s delayed notification of proper authorities. (Novartis knew of the buildup back in early July. The company said in a statement that particles can occur in vaccines and that they are “confident that there is no impact on safety or efficacy of the vaccine.”

    This, of course, smacks of the same kind of confidence Monsanto has about the safety of its 2,4-D and 2,4,5-T herbicides (half the recipe for Agent Orange) and genetically modified crops. One wonders why, then, they paid $93 million in a settlement to residents of Nitro, West Virginia for dioxin contamination and related injuries. An incensed biotech scientist did recently say GMOs’ ability to cause fertility problems was ‘awesome,’ as well. Some corporations just see the world in terms of dollar signs.

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October 31, 2012 Posted by | Medicine & Health | , , | Comments Off on Italy and Switzerland Ban Novartis Flu Vaccines!

Professor James Tracy: US is Allied with and Actively Supports Al Qaeda!

“Al Qaeda is a creation of the US intelligence apparatus! It is extremely well documented ! Many of the terrorist attacks are in fact orchestrated by the US intelligence and military!” – Michel Chossudovsky P2, 7:40 onwards

  • By fabricating a bogus war between Islamic fundamentalism and the West, the globalists are able to attack their real enemy, humanity. Pulling the strings, they will ensure that both Western and Muslim states are degraded and finally completely subjugated to their odious rule.
    Muslim Brotherhood created by British Intelligence
  • It is a widely documented historical fact that Al Qaeda is a creation of the CIA. A project driven by Zbigniew Brzezinski (Committee of 300). They did not call it Al Qaeda then. The CIA financed, trained, logistically supplied, organized, managed … all these freedom fighters in the 1980s to fight against the Soviets. And they were immensely successful.
  • The name: Al Qaeda, is really a marketing meme to sell the fear of terrorism using the western Illuminist controlled MSM. As an organization, Al Qaeda does not exist. It is simply a database list of names of terrorists, mercenaries, jihadists, criminal thugs, violent extremists … under the employment of western Illuminist intelligence agencies: CIA, MI5/6, Mossad … etc. The real organization, planning, target selection (ie. who to attack), training, financing, arming … is via the CIA. Al Qaeda is really Al CIAda!
  • The ultimate objective of the western Illuminati is the Satanic World War 3! It will be a conflict between Zionist ‘666’ Israel (and its allies) vs the Muslim World (and their allies). Al Qaeda is a means to this end ! The desired end result is the coming Luciferian New World Order, destruction of major religions: Islam and Christianity, instituting of a One World Religion, One World Currency and Global Supra-National Central Bank!

    US is Allied with and Actively Supports Al Qaeda! 
    by Prof. James F. Tracy  and Kourosh Ziabari, 
    American political commentator professor James F. Tracy believes that the United States has been constantly allied with Al-Qaeda and has supported it militarily and financially.

    “Major media have recently had to acknowledge that US-NATO interests are aligned with Al Qaeda in Syria, of course overlooking the fact that the US and Sunni States also recruited and armed these soldiers of fortune. What the Obama administration has sought to do with the alleged murder of Bin Laden in May 2011 is to close the chapter on the old, villainous Al Qaeda and open a chapter on the new and friendly Al Qaeda. This narrative is slowly unfolding, while Americans are instructed on a different bogey to fear, which now appears to be homegrown terrorism,” he said in an exclusive interview with Iran Review.

    Prof. James F. Tracy is the Associate Professor of Media Studies at Florida Atlantic University in Boca Raton, where he teaches courses on media history and the role of journalism in the public sphere. Tracy’s scholarly work and commentary on media and politics have appeared in numerous academic journals, edited volumes, and alternative media news and opinion outlets. He is editor of Democratic Communiqué, journal of the Union for Democratic Communications, an affiliate of Project Censored, and a regular contributor to Tracy’s latest work assessing Western press coverage of US-NATO military ventures and the human costs of war appears in Censored 2013: The Top Censored Stories and Media Analysis of 2011-2013 (Seven Stories Press, 2012).

    Prof. Tracy took part in an interview with Iran Review to answer some questions regarding the influence of advocacy organizations on the U.S. government and the mutual relationship between these entities, the further limitation of civil liberties and individual freedoms in the United States, the challenges ahead of progressive, alternative journalism in the United States, Western mainstream media’s coverage of Iran and Syria affairs and the prospect of U.S. military expeditions in the Middle East.

    Q: What do you think about the role of influential American think tanks and public diplomacy and advocacy organizations such as the Council on Foreign Relations or the National Endowment for Democracy in creating unrest and instability in the countries which are opposed to the United States policies? Do you find traces of their footsteps in the ongoing violence in Syria? Do they have plans to destabilize Iran so as to realize their mischievous objective of regime change in Tehran?
    A: One can contend that the Council on Foreign Relations and the National Endowment for Democracy are much more than advocacy organizations. The question suggests the popular view that Western states and especially the United States are above such organizations in terms of decision making power and responsiveness to the populations they purportedly serve.

    This is the idealization of a transcendent governing apparatus upheld in public opinion and touted in Western mainstream media. This is the myth the CFR specifically perpetuates about itself and the liberal state. In fact, the CFR is a branch of the Royal Institute of International Affairs and it has more or less dictated US foreign policy from within entities such as the US State Department since before World War Two.

    This is not to say that every member of the CFR is involved in such maneuvers. Some are in the organization because they’re flattered to be asked and they see it as prestigious and fashionable, or they wish to network with other influential figures. Yet it is no mistake that membership is exclusive and participants all occupy strategic positions of power in major global corporations, in academe and the media, and in government, and thus can be mobilized to exert their influence as the CFR inner circle desires. They also openly share in the ideology of weakening the nation state and privileging global-regional and international bodies, such as the European Union and the United Nations.

    It is through such organizations that they can get their policies enacted with little if any interference from the common people or their representatives at the national level. The CFR’s interests and activities, alongside the interests supported by the major philanthropic foundations such as the Ford Foundation, Rockefeller Foundations, and the Gates Foundation, are demonstrable manifestations of the deep state that truly runs the world, has priorities that differ greatly from the bulk of humanity, and has sought to exert itself since the 1920s.

    The “Arab Spring” appears to be largely a maneuver of organizations such as the CFR and NED. This was evident from the onset with the high degree of Western media exposure afforded the fairly modest demonstrations in Tahrir Square that preceded Mubarak’s ouster by the Central Intelligence Agency. The same media outlets unquestioningly covered the Western and Sunni-backed deployment of Al Qaeda mercenary forces and NATO airpower against the most modern and socially progressive state on the African continent under the Obama administration’s “Responsibility to Protect” cover. A central bank was reportedly created in the back of a mercenary pickup truck. This was a colossal war crime that Western public opinion is left largely in the dark about. It also underscored liberal-progressive hypocrisy and credulousness in the US, evident in the pronouncements of public figures such as Juan Cole and Amy Goodman, who led the cheering section for Libya’s destruction. If the Bush administration successfully vanquished the probable leader of the African Union those on the Left would have been in a huff. When one of their purported own oversees such a campaign it’s not only condoned but applauded, much like the “humanitarian” bombing of Yugoslavia by Clinton.

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Are American Troops Protecting Afghan Opium?

It’s about drugs, oil/gas pipelines and world conquest! The global drug trade is controlled by the 13 Satanic bloodlines!

  • The Taliban practically eradicated the opium crops by 2001 because they feel it is immoral and against their Muslim religion! What they didn’t realize was that the global drugs trade is owned/controlled by the 13 Satanic bloodlines who rule the west! It is nonsensical to suggest that the Taliban is allowing the regrowing of opium crops to finance their operations. This is propaganda! It is the Satanic cabal which rules US and NATO countries which has restarted opium crops in Afghanistan. American soldiers are simply easily deceived useful idiots supporting the evil machinations of their rulers!
  • Are American Troops Protecting Afghan Opium? 
    by Washington’s Blog, 
    As many have noted, the U.S. government has – at least at some times in some parts of the world – protected drug operations. (Big American banks also launder money for drug cartels. See this, this, this and this. Indeed, drug dealers kept the banking system afloat during the depths of the 2008 financial crisis. But that’s beyond the scope of this post.)

    The U.S. military has openly said that it is protecting Afghani poppy fields: (see video top of post)

    As Wikiepedia notes:

    Opium production in Afghanistan has been on the rise since U.S. occupation started in 2001.

    Public Intelligence has published a series of photographs showing American – and U.S.-trained Afghan – troops patrolling poppy fields in Afghanistan. Public Intelligence informs us that all of the photos are in the public domain, and not subject to copyright, and they assured me that I have every right to reproduce them.

    We produce these photos and the accompanying descriptions from Public Intelligence without further comment.

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October 31, 2012 Posted by | GeoPolitics | , , , , , , , , | Comments Off on Are American Troops Protecting Afghan Opium?

Doug Casey: There will be Panic into Gold !

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Retail Sales in Spain Plunge 10.9%, Largest Drop on Record; All Pain, No Gain!

Guess who is winning?

  • Retail Sales in Spain Plunge 10.9%, Largest Drop on Record; All Pain, No Gain
    In a seriously misguided effort to balance its budget, In early September Spain Passed Largest VAT Hike In History. I wrote at  the time, “Stunning Ineptitude Will Make History Books“. Spain’s unemployment rate is over 25% and the youth unemployment rate is  near 53% yet the fools in the Spanish government hiked taxes yet again, this  time by the largest amount in history.
    Spain’s handling of this economic  implosion is sure to make the history books as a prime example of complete  ignorance in how to deal with a fiscal crisis.

    History in the  Making

    That prediction took a single month to pan out. Reuters  reports Spain retail sales decimated by VAT hike.

    Spanish retail sales fell at their fastest pace on record in  September as already battered consumer confidence took another hit from a hike  in value added tax, driving many shoppers to trade down to cheaper products.

    Sales fell 10.9 percent year on year, Monday’s National Statistics Institute  data showed, reflecting an economy struggling through its second recession in  three years and plagued by chronically high unemployment.

    The drop was  the biggest in calendar-adjusted terms since current records began in January  2004, and marked the 27th monthly decline in a row.

    “It’s clear there are  no signs the crisis is abating,” economist at Nomura Silvio Peruzzo said. “The  headline (retail) figures show a sharp drop and indicate that domestic demand is  not going to be anywhere near what the government is anticipating.”

    All Pain, No Gain

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October 31, 2012 Posted by | Economics | , , , , , , , | 1 Comment