Socio-Economics History Blog

Socio-Economics & History Commentary

Chossudovsky: Korean Crossroads – US Wish for Pre-emptive Action ‘Prelude to Global Warfare’!

  • US wish for pre-emptive action ‘a prelude to global warfare’! 
    by http://rt.com/

    The real threat of the escalation of hostilities on the Korean peninsular – and consequently the world – comes not from North Korea, but from the United States itself, political analyst Michel Chossudovsky told RT.

    The director of the Center for Research and Globalization and professor of economics at the University of Ottawa believes it is the US, which is trying to light a match.

    “Just a few weeks ago it was revealed that the Pentagon had implemented a so-called playbook, which was to ratchet up tension with North Korea. During the war games it has dispatched [nuclear capable planes]… We have to put it in historical perspective, because these threats have been ongoing for more than half a century, since the end of the Korean War,” he said.

    Chossudovsky also added that it does not seem at all that the world is serious in its intentions at curbing nuclear threats as such: “Looking at US nuclear doctrine, we have a $32 billion refurbishing of nuclear weapons, which is barely acknowledged by the mainstream media. We have a $10 billion refurbishing of tactical nuclear weapons, which can be launched from a B-2 bomber, which have currently been deployed. And then we have a Senate decision which says that nuclear weapons are harmless to the surrounding civilian population and can be used in the conventional war theater.”

    When asked what tactics could possibly be implemented to avert the current crisis, Chossudovsky said that he sees a way out if“the people across the land, in Western countries, come to realize that the United States and NATO are a threat to global security, and if they wish to wage a pre-emptive nuclear war on any country in the world, that is a prelude to global warfare.”

Nuclear Blast

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April 9, 2013 Posted by | GeoPolitics | , , , , , , , , , | Comments Off on Chossudovsky: Korean Crossroads – US Wish for Pre-emptive Action ‘Prelude to Global Warfare’!

Professor Steven Jones: 9/11 Symposium 2007 – Conclusive Evidence of Controlled Demolition! The Official US Government Account is a LIE !

“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

  • Terrorism And The Illuminati! A 3,000 Year History! by David Livingstone
    Contrary to myth being fabricated, Islam does not pose a threat to the West. Rather, Islamic “terrorist” organizations have been created to serve Western imperialistic objectives. These groups are intertwined with Western power through a network of occult secret societies. This relationship dates back to sixth century BC, and the birth of the Kabbalah, in Babylon; a plot to seek world domination through the use of magic and deception.

http://www.terrorism-illuminati.com/content/complete-online-version

“The ultimate goal that these people have in mind … is the goal to create a One World Government run by the banking industry .. run by the bankers! … The whole agenda is to create a One World Government where everybody has an RFID chip implanted !”
– Aaron Russo 0:15 onwards


“He’s (Rockefeller) the one who told me 11 months before 9/11 ever happen, there was going to be an event. .. And out of that event we will invade Afghanistan, (for) the pipelines to the Caspian sea. We were going to invade Iraq .. to take over the oil fields, establish a base in the Middle East and make it all a part of the New World Order! And we will go after Chavez Venezuela. Sure enough 9/11 happened ! … And there was going to be this War on Terror which has no real enemy. And the whole thing is a giant HOAX! … This whole War on Terror is a FRAUD! ”
– Aaron Russo 2:30 onwards

All scams are based on deception and mis-direction! '666' is coming!

All scams are based on deception and mis-direction! ‘666’ is coming!

http://www.amazon.co.uk/Secret-Affairs-Britains-Collusion-Radical/dp/1846687640#_

In this ground-breaking book, Mark Curtis reveals the covert history of British collusion with radical Islamic and terrorist groups. Secret Affairs shows how governments since the 1940s have connived with militant forces to control oil resources and overthrow governments. The story of how Britain has helped nurture the rise of global terrorism has never been told.

http://www.amazon.com/Devils-Game-Unleash-Fundamentalist-American/dp/0805081372

Who is behind Muslim Fundamentalism & Terrorism? Western Illuminist governments and their intelligence agencies! It is deliberate and not a miscalculation as Dreyfuss asserts! They are still owned by the western Illuminati!

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April 9, 2013 Posted by | GeoPolitics, History | , , , , , , , , , , | Comments Off on Professor Steven Jones: 9/11 Symposium 2007 – Conclusive Evidence of Controlled Demolition! The Official US Government Account is a LIE !

North Korea War could Start by Accident, Neither Side Wants to be Seen as Weak!

April 9, 2013 Posted by | GeoPolitics | , , , , , , | Comments Off on North Korea War could Start by Accident, Neither Side Wants to be Seen as Weak!

CrossTalk: Arrest Tony Blair!

  • Blair ordered production of intel for Iraq war: Report! 
    by http://www.presstv.ir/
    Former British Premier Tony Blair ordered UK’s intelligence services to produce intelligence to support the war on Iraq despite knowing that Baghdad posed no threat to international security, according to newly-revealed evidence.

    According to a report by the Independent, documents given by British intelligence to Chilcot Inquiry, led by Sir John Chilcot, reveal that during a meeting with former MI6 chief Sir Richard Dearlove, Blair had “understood the risk … of focusing on WMD in relation to Iraq.”

    The session was held one day before Blair’s meeting with former US president George Bush on April 5, 2002. The report added that Blair came out a “changed man” after his meeting with Bush and  ordered the intelligence services to “find the intelligence” that he wanted to use to justify going to war.

    The US and Britain invaded Iraq in blatant violation of international law in 2003 under the pretext of finding WMD allegedly stockpiled by former Iraqi dictator Saddam Hussein. No weapons, however, were ever discovered in Iraq. More than one million Iraqis were killed as a result of the invasion and subsequent occupation of the country, according to the California-based investigative organization Project Censored.
http://www.globalresearch.ca/why-tony-blair-is-a-war-criminal-who-should-be-on-trial-in-the-hague/5303545

Click on image for article!

http://www.globalresearch.ca/when-war-criminals-are-rewarded-for-killing-people-tony-blair-awarded-the-liberty-medal/19993

Click on image to goto article!

http://www.guardian.co.uk/politics/2012/sep/02/tony-blair-iraq-war-desmond-tutu

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April 9, 2013 Posted by | GeoPolitics, History | , , , , , , , , , | 2 Comments

Global Warming is a LIE ! First Week of April and It’s STILL SNOWING! London and South East Hit by More White Stuff as the Great Spring Freeze Keeps Its Grip on Britain!

http://www.dailymail.co.uk/news/article-2303959/UK-weather-When-end-Snow-falls-London-South-East-Spring-Freeze-keeps-grip-Britain.html

Click on image for article!

  • First week of April and it’s STILL SNOWING! London and South East hit by more white stuff as the Great Spring Freeze keeps its grip on Britain! 
    by James Rush, http://www.dailymail.co.uk/ 
    – Sleet and snow fell over London and South East yesterday
    – Forecasters expected nothing more than a ‘light-dusting’
    – Temperatures expected to remain low until next week
    – But by the end of next week, they could return to ‘normal’

    The Spring Freeze once again tightened its  grip yesterday when snow started to fall across London and parts of the South  East. A flurry of sleet and snow fell on the  capital at lunchtime yesterday, although forecasters said it was due to be  nothing more than a ‘light dusting’. Temperatures are expected to remain low until  next week, when a low-pressure system from the Atlantic could bring some  ‘slightly less-cold air’.

    But despite the freezing temperatures and  flurries of snowfall, forecasters said next week would usher in comparatively  balmy conditions of 13C. John Lee, a forecaster with MeteoGroup, said  Saturday will generally  feel less cold as the winds become lighter, although  there could be  wintry showers in the North.

    A slight change however could be just around  the corner next week. Mr Lee said: ‘There’s a lot of  uncertainty  with times at the moment, but there seems to be a low  pressure system from the  Atlantic which is going to try and feed in some slightly less-cold air to the  UK.

    read more!
http://www.dailymail.co.uk/news/article-2294560/The-great-green-1-The-hard-proof-finally-shows-global-warming-forecasts-costing-billions-WRONG-along.html

Click on image for article!

http://www.telegraph.co.uk/earth/environment/climatechange/9787662/Global-warming-at-a-standstill-new-Met-Office-figures-show.html

Click on image to goto article! Global warming is a HOAX!

http://www.alaskadispatch.com/article/forget-global-warming-alaska-headed-ice-age

The ice caps are not getting lesser! Man-made global waming is a HOAX !

The ice caps are not getting lesser! Man-made global waming is a HOAX !

The most abundant form of Carbon is Carbon12. It is a key element in the human DNA! 6 protons, 6 neutrons & 6 electrons -> '666' ! Get the message!

The most abundant form of Carbon is Carbon12. It is a key element in the human DNA! 6 protons, 6 neutrons & 6 electrons -> ‘666’ ! Get the message!

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April 9, 2013 Posted by | Social Trends | , , , , , , , | 1 Comment

The Israeli Soldiers Answered His Screams with Laughter and Then Shot More Bullets!!

https://socioecohistory.wordpress.com/2012/12/03/ashkenazis-self-styled-jews-are-not-the-descendants-of-the-ancient-israelites/

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

  • “The soldiers answered his screams with laughter and then shot more bullets”! 
    by http://www.veteransnewsnow.com/ 
    “When my Dad, Mom, and Ibrahim were injured, I stood there, unable to do anything, though I am the oldest of my siblings. I cannot forget what happened and I feel so much pain whenever I remember that I did not try to help. The idea that my help might have done something, in some way or another, to rescue my brother never leaves my mind, and it causes my stomach to ache. Maybe if I had tried to pull Ibrahim away from the Israeli crossfire, he would still be alive.”

    PCHR – As Palestinian Child Day is celebrated on 5 April, Omsiyat Kamal ‘Awaja (15) is one of many Palestinian children for whom the day, like every other, will be marked by unbearable loss and suffering. It is impossible to count the number of children in the Gaza Strip who have been directly affected by loss.

    Since the outbreak of al-Aqsa Intifada on 28 September 2000, PCHR has documented the killing of 958 Palestinian children and injury of 6,355 others in the Gaza Strip. 313 children were killed during ‘Operation Cast Lead’ (2008-9), and a further 35 children were killed during ‘Operation Pillar of Defence’ in November 2012. PCHR has also documented the tragic consequences on thousands of children of the destruction of their homes, denying them the right to shelter.

    A small, mud house with a small yard in the front, piles of pots and kitchen utensils scattered here and there, a number of books leaning against the wall of the house, which barely shelters its residents. That is what the house in which Omsiyat currently lives looks like. The house was built by UNRWA as a temporary alternative for the ‘Awaja family home, which was destroyed by Israeli forces in 2009 during ‘Operation Cast Lead’.

    “Before moving to the house that you are seeing now, we lived in a tent for around two years. During that time, we realised exactly what it feels like to be a displaced person with no home. We did not get used to living in a tent. It took us a long time to adjust, as we used to live in a big house with most of the things we needed.”

    On 4 January 2009, Israeli forces destroyed the ‘Awaja building in Beit Lahia without any prior warning. The residents fled to a neighbouring tract of land when Israeli bulldozers began to destroy their home. After the house had been destroyed, the children’s mother, Wafaa’ (36), went back to collect what could be salvaged from under the rubble. She was accompanied by three of her children, Diaa, Sobhi, and Ibrahim, each of whom was younger than 13 years of age.

    Omsiyat recalls: “My brother, Ibrahim, was the first to be injured, sustaining injuries in his waist. Mom screamed out, so Dad went to check on her, and picked up my brother. They left the house, or what remained of it, and Dad was screaming, ‘My son is injured. We need an ambulance.’ The Israeli soldiers were still in the area. They answered his screams with laughter and then shot more bullets, so that Dad was injured, as well as my mother. My father was left lying on the street and Ibrahim was lying next to him. My mother crawled until she reached my siblings and me where we were hiding behind a wall. We saw the Israeli soldiers approaching and shooting at Ibrahim, and Dad told us later that he had died.”

    read more!
http://www.democracynow.org/2013/1/29/the_gatekeepers_in_new_film_ex#.UQf8XvB8aRA.email

Click on image to goto video interview of director Dror Moreh!

“Shalom (Ex ShinBet chief) shocked viewers. He called Israeli occupation no different from Nazi occupied Europe.” – Quote

https://socioecohistory.wordpress.com/2010/05/06/is-the-star-of-david-a-jewish-or-biblical-symbol-or-an-occult-satanic-symbol/

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

“ … it turns out the creation of Israel had not, after all, been a haphazard fight in which the Arabs fled their homes at the directives of their own leaders, but it had been an unprovoked, systematic campaign of ethnic cleansing by the Jewish militia involving massacres, terrorism and the wholesale looting of an entire nation.” from 4:22 onwards

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April 9, 2013 Posted by | GeoPolitics | , , , , , , , , , , | Comments Off on The Israeli Soldiers Answered His Screams with Laughter and Then Shot More Bullets!!

The Memos and Minutes that Confirm Israel’s Nuclear Stockpile!

http://www.guardian.co.uk/world/2010/may/23/israel-south-africa-nuclear-documents

Click on image to goto article!

http://image.guardian.co.uk/sys-files/Guardian/documents/2010/05/23/SA-general-nuclear.pdf

Click on image to goto file!

  • This is the secret memo by South Africa‘s military chief of staff, General RF Armstrong, asking for nukes on the Jericho missiles. It has been revealed before, but its context was not understood. We now know the memo was the direct result of a meeting between PW Botha and Shimon Peres, and the basis of Botha’s demand for nukes. This memo was uncovered by Peter Liberman and published in the Nonproliferation Review.
http://image.guardian.co.uk/sys-files/Guardian/documents/2010/05/23/ISSA-minutes1.pdf

Click on image to goto file!

  • This cover page of an ISSA (ISraelSouth Africa agreement) meeting in Pretoria between Israeli and South African officials on 30 June 1975 establishes the presence of General Armstrong, who wrote the nuclear memo.
http://image.guardian.co.uk/sys-files/Guardian/documents/2010/05/23/ISSA-minutes2.pdf

Click on image to goto file!

  • This document details the another ISSA meeting during which Botha says he needs the ‘right payload’ and Peres offers it in ‘three sizes’ (paragraph 10). 

    read more!
https://socioecohistory.wordpress.com/2012/12/03/ashkenazis-self-styled-jews-are-not-the-descendants-of-the-ancient-israelites/

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

http://www.spiegel.de/international/world/israel-deploys-nuclear-weapons-on-german-submarines-a-836671.html

Who is threatening who with nuclear annihilation?!

http://www.wired.com/science/discoveries/news/2007/10/dayintech_1005#

http://www.guardian.co.uk/world/2010/may/23/israel-south-africa-nuclear-weapons

Click on image to goto article!

http://www.dailymail.co.uk/news/article-1280774/Revealed-Israeli-defence-minister-offered-nuclear-weapons-South-Africa.html

Click on image to goto article!

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April 9, 2013 Posted by | GeoPolitics, History | , , , , , , , , , , , , | Comments Off on The Memos and Minutes that Confirm Israel’s Nuclear Stockpile!

Get Prepared For Economic Catastrophe: You Are Being Sacrificed To Save The Too Big To Fail Banks!

US_Economic_Collapse

  • Get Prepared For Economic Catastrophe: You Are Being Sacrificed To Save The Too Big To Fail Banks! 
    by Monica Davis, http://beforeitsnews.com/
    While the US watches the European bank catastrophe, too many people aren’t learning from it.  Basically, the European bank nightmare is another prime example of “too big to fail.”  When the whole system is rotten to the core, it’s the people, the individual taxpayers and deposit account owners who get screwed.

    Depositors in Eurozone banks are facing a steep learning curve on just exactly what deposit insurance means. This column points out that the precedents set in Cyprus and Iceland show that deposit insurance is only a legal commitment for small bank failures. In systemic crises, these are more political than legal commitments, so the solvency of the insuring government matters. A Eurozone-wide deposit-insurance scheme would change this.  MORE HERE

    In the Eurozone, individual depositers got scalped  when the EU forced small depositors to pay for the high crimes and misdemeanors of their banksters.   Criminal depositors who were using Cypriot banks to launder their money were warned well in advance, to withdraw their funds.  After the laundered funds left the country, Cyprus closed its banks in a bank holiday and snapped 15 percent or more right off the top of the depositors’ accounts–allegedly to pay for the bailout from the EU.

    Americans have faced a similar learning curve during the last bank/mortgage crises, when we donated billions of dollars to failing banksters without puting conditions on the bailout. The banksters took the funds, paid themselves monstrous bonuses and didn’t use the funds to grant loans to home buyers.

    Millions of families lost their homes and became homeless, while the criminals in the mortage and banking industries paid themselves outrageous bonuses. So, while too many Americans have forgotten this sordid history, others somehow think that the EU crisis is an isolated event that they don’t need to worry about.

    And now we have something else to worry about: inflation. The world’s central banks are terrified: economic growth and job creation are central to their current monetary policies. They are willing to accept inflation as the price of maintaining stability. Somebody’s going to get hurt–but that’s collateral damage in a war of survival.

    If the recent actions of central banks are successful, at some stage investors will need to start looking for inflation protection. With the BoJ, the US Federal Reserve, the European Central Bank, and Bank of England all putting economic growth and job creation at the top of their agenda, they being quite clear that (at some point) they are willing to accept some collateral damage in the form of higher inflation. MOREHERE 

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April 9, 2013 Posted by | Economics, Social Trends | , , , , , , , , , , , , , , , , | Comments Off on Get Prepared For Economic Catastrophe: You Are Being Sacrificed To Save The Too Big To Fail Banks!

A Tipping Point In The Financial System?

The Illuminists are lining up the pieces for a catastrophic global collapse!

The Illuminists are lining up the pieces for a catastrophic global collapse!

  • A Tipping Point In The Financial System?! 
    by Deviant Investor, http://www.deviantinvestor.com/ 
    March and April 2013 may go down in history as the tipping point for the western financial system.

    We have already seen:


    – Lehman Brothers and many other financial firms collapse.
    – $700 Billion in TARP funds arranged by banking insiders for banking insiders at the expense of US taxpayers.
    – Over $16 Trillion in bailouts, guarantees, swaps, and loans created by the Fed and given to various banks, nations, and other insiders.
    – MFGlobal took “segregated” customer funds, the exchange provided no compensation to customers, and yet no criminal indictments have been issued.
    – Global derivatives total $700 Trillion to well over $1,000 Trillion, depending on who is counting. Some are “toxic waste.”
    – Many European bailouts and “fixes.”
    – Spain, Italy, Slovenia, and perhaps France in trouble.
    – US official debt approaching $17 Trillion with unfunded liabilities many times larger.
    – The Federal Reserve creating $85 Billion per month (over $115,000,000 per hour) to support banks and the US government.

    So what other disasters could occur? In a word, Cyprus!

    Not because the EU and Cyprus took Russian money.

    – Not because several banks will close.
    – Not because some deposits will be confiscated and/or frozen.

    In my opinion, the sign that a tipping point has occurred in the financial system is the real story:

    – The veil of banker honesty has been lifted. The EU/IMF/ECB will do whatever is necessary to support the banks, even if it means they will confiscate (tax, steal, bail-in) customer deposits.

    Customer deposits are NOT assets held in the bank for safe-keeping, but are liabilities of the bank and are not guaranteed to be made whole.

    read more! 

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April 9, 2013 Posted by | Economics, Social Trends | , , , , , , , , , , , , , , , , , , | Comments Off on A Tipping Point In The Financial System?

U.S. Stealth Bombers in Dry Run Over South Korea!

Korea_Peninsula

  • U.S. Stealth Bombers in Dry Run Over S.Korea! 
    by Global Research News, http://www.globalresearch.ca/ 
    Global Research Editor’s Note
    The B-2 are equipped to launch B61-11 tactical bunker buster bombs with nuclear war heads. Their deployment over Korea is a clear act of provocation. (GR Ed. M. Ch.)


    U.S. stealth bombers conducted a mock bombing run over a firing range on the island of Jikdo off Gunsan on Thursday, according to the Combined Forces Command.

    The B-2 bombers, the most expensive aircraft in the world at about US$2 billion apiece, have conducted secret bombing runs over the Korean Peninsula several times, but this is the first time their dry runs have been made public.

    U.S. military authorities apparently decided to announce them because they wanted to send a warning message to North Korea in response to recent belligerent rhetoric and dampen mounting calls from South Korea to build its own nuclear weapons.

    Two B-2 bombers took off from Whiteman Air Force Base in Missouri on Wednesday night and flew 10,500 km for more than 15 hours, being refueled in mid-air. They arrived in the air over the Jikdo firing range around noon Thursday. After dropping drill bombs, they were refueled again and returned to their home base.

    The CFC said in a press release U.S. Strategic Command sent the bombers “as part of the ongoing bilateral Foal Eagle training exercise,” demonstrating U.S. commitment and “its capability to defend [South Korea] and to provide extended deterrence.”

B2_Stealth-Bomber

  • A B-2 bomber flies over South Korea on Thursday.
    The B-2 is a new strategic bomber that has been deployed by the U.S. Air Force since 1993. Twenty m long and 52 m wide, it is far bigger than the F-22 stealth fighter jet but has such excellent stealth functions that it appears on the radar screen as if it were of similar size.

    It would prove its real worth when striking strategic targets such as the North Korean presidential palace and nuclear and missile bases that are equipped with powerful anti-air defense systems or hidden deep underground.

    The B-2 can carry GBU-57 Massive Ordnance Penetrator bunker-buster bombs, each of which weighs 14 tons. The bomb can supposedly penetrate 60 m of earth or 8 m of reinforced concrete. It also can carry 80 225-kg Joint Direct Attack Munition smart bombs.

    On a single sortie, it can destroy 80 different targets. It could also carry 16 B61 nuclear bombs.

    With production reduced significantly, the price has soared stratospherically. One of the 21 B-2s in service crashed at Andersen Air Force Base in Guam in June 2008.


    The B-2 proved its value in combat missions since the first NATO bombing in Yugoslavia in 1999. At the time, six B-2 bombers dropped a total of 656 bombs.

    After its first bombing mission in Afghanistan on Oct. 7, 2001, a B-2 bomber once carried out six bombing runs over three days and one flew non-stop for 44 hours and 18 minutes, the longest air combat mission in history.

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April 9, 2013 Posted by | GeoPolitics | , , , , , , , , | 1 Comment

Power Cut For 30,000 Greek Households Monthly!

Greece social unrest. Photograph: Louisa Gouliamaki/AFP/Getty Images

Greece social unrest. Photograph: Louisa Gouliamaki/AFP/Getty Images

  • Power Cut For 30,000 Greek Households Monthly! 
    by http://greece.greekreporter.com/ 
    Unable to pay the cost of electricity or a doubled property tax that is put electric bills, the power is being turned off to about 1,000 Greek households every day, the Public Power Corporation (PPC) has acknowledged, with arrearages at more than 1.3 billion euros ($1.56 billion) at the end of 2012.

    Crushed by pay cuts, tax hikes and slashed pensions demanded by international lenders in return for bailout loans, many Greeks are unable to afford monthly expenses have been cutting down even on food and other necessities.

    PPC data showed that some 700,000 customers had had their debts rearranged with new payment plans by the end of last year, up from 400,000 at the end of 2011 but the agency expects the problem to get worse. Power is not being turned off to government agencies that owe millions of euros nor reportedly to big companies who haven’t paid as the government is fearful that could lead to more jobs being lost.

    There are growing lines at PPC offices daily with people anxiously trying to arrange payment plans. The doubled property tax imposed by former finance minister Evangelos Venizelos in 2011 was supposed to be for one year only but has continued. Some customers are asking for their power to be reconnected if they pay part of the bill.

    read more!

Alex_Tsipras_Greece_Syriza_Party_War_against_banksters_fascism

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April 9, 2013 Posted by | Economics | , , , , , , , , , , | Comments Off on Power Cut For 30,000 Greek Households Monthly!

Alex Jones: Christians Demonized as Extremists!

April 9, 2013 Posted by | Social Trends | , , , , , , , , | Comments Off on Alex Jones: Christians Demonized as Extremists!

Dr. Steve Pieczenik: Time to Shutdown The CIA & DHS !

http://www.amazon.com/Big-Their-Bankers-Persian-Gulf/dp/1453757732#_

Great book by Dean Henderson documenting the Illuminati Banking Cartel, Big Oil, Terrorism …. etc.

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April 9, 2013 Posted by | GeoPolitics | , , , , , , , , , , | Comments Off on Dr. Steve Pieczenik: Time to Shutdown The CIA & DHS !

Dr. Steve Pieczenik: Will North Korea Collapse? Special Report from The DMZ !

Goering

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April 9, 2013 Posted by | GeoPolitics | , , , , , , , , , , , , , , , , | Comments Off on Dr. Steve Pieczenik: Will North Korea Collapse? Special Report from The DMZ !

Currency Wars are Going Nuclear!

http://www.nypost.com/p/news/business/currency_wars_are_going_nuclear_iEOpOpgKDbSVpRKiLYtf2H

Click on image for article!

  • Currency wars are going nuclear
    by JONATHON M. TRUGMAN, http://www.nypost.com/
    Asia’s nuclear nightmare last week did not come from North Korea’s Kim Jong-un, but from new Bank of Japan Gov. Haruhiko Kuroda’s shock-and-awe bond-market implosion.

    Central bankers across the globe have picked up Ben Bernanke’s troubled policy of printing enough currency to cheapen it to the point where inflation could become a problem.

    If it were a book, it would be called “Currency Wars: A Race to the Bottom.” The central bankers’ mission is to fight the globe’s weak and teetering economy by passing around a little ink — printing ink!

    (Here in America, our stock market has risen, thanks to much spilled ink, yet everything else is as weak as it can be. Growth and employment gains remain far too little. Yes, the unemployment rate went lower in March, but not through growth. It largely came from the 496,000 workers who packed their bags and said, “I’m not in the work force anymore.”)

    This “inflate it till you make it” policy started in earnest last week with the Bank of England and the European Central Bank promising to keep the pedal to the metal by staying with their easy money policy, and then the Bank of Japan broke out its own big guns.

    So what can we expect?

    Prices will rise. Fuel and food costs will be higher by the time Mother’s Day gets here. And if you are thinking of buying a big-screen TV or other electronic gadgets from a Japanese manufacturer, or a Honda or Toyota, the time to do it is soon, before the much cheaper yen raises the price here.

    As the world banking system is flooded with cash, commodities will likely rise substantially — like they did when the Fed began its quantitative-easing plan.

    Ironically, some Fed governors last week were out talking up their successes like politicians shilling for votes, as economies teeter. The Fed started this race to nowhere, and our economy is going nowhere fast.

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April 9, 2013 Posted by | Economics | , , , , , , , , , , , , , , , | 2 Comments