OBAMA’S BLACK SKIN PRIVILEGE


Everyone knows it is true, and no one has the courage to say it. The American people are letting Barack Obama destroy this country through illegal executive orders for one reason and one reason only. In his latest FIREWALL, Bill Whittle has the courage to speak out and make the case that no one else will make.

The Progressive Road to Hell


The road to hell is paved with good intentions. But those good intentions do not cause the harm; they prevent us from seeing it. In his latest Firewall, Bill Whittle shows how little things – student loans; the Path to Heck – can go as dreadfully wrong from good intentions as the genuine horrors on the real Road to Hell.

Climate Scientists Can’t See The Future, But Orwell Could


It’s really scary how accurate he was except for the timing, add 40 years to 1984 and he would be right on!

Tony Heller's avatarReal Climate Science

“films, football, beer and above all, gambling filled up the horizon of their minds. To keep them in control was not difficult.”

― George Orwell, 1984

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When will the debt ax fall?


I think it will take some outside event not internal such as the growing threat of the BRIC’s monetary policies that will soon adversely effect the dollar.

deacon303's avatarWhiskey Tango Foxtrot

“We don’t expect an increase to be needed before the summer, and it could go quite some time beyond that,” Akabas said. “It’s hard to put an exact figure on it.”

Both Obama and the Republican Congress insist they have no interest in repeating the drama seen in the summer of 2011, where a last-minute increase in the debt ceiling prompted the first downgrade of American debt in history.

But with few “must pass” bills awaiting the new Congress, some Republicans are likely to see the debt-ceiling bill as leverage to force Obama into accepting spending cuts and changes to entitlement programs such as Medicare and Social Security.

Rep. Tom Price (R-Ga.), the new chairman of the House Budget Committee, suggested last year that the GOP might consider requiring that any debt hike be matched by equivalent spending cuts, a standard that was pushed by Speaker John Boehner (R-Ohio) in…

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World War III Will Begin In Syria


I don’t area with everything stated here but I belief the overall premise is sound!

Elections Have Consequences – Greece Returns To Economic Stupidity, Selfishness, Unicorn Promises and Socialistic Failure….


As goes Greece so goes the EU!

Get Ready For Negative Interest Rates In The US


The problem in the US is a smaller and smaller percentage of the citizens are working and those that aren’t are retired or on welfare. This means that there is a less and less money for goods (why was last Christmas spending less than 2013?) Unemployment is a meaningless value If there were 50,000,000 people in the country working and do one was looking for work the unemployment rate would be zero. But with 320,000,000 people in the country probably 160,000,000 should be working. If the right number of people aren’t working than the government makes up for it by printing money but that doesn’t work in the long run and thing collapse.

This Is The Beginning Of The End For The Euro


Printing money or quantitative easing, if you will, when allowed to get out of hand, which it now has, always gets very very bad.

EVIDENCE SHOWS GOV. NIXON ORDERED NATIONAL GUARD OUT OF FERGUSON BEFORE RIOTS


So it would seem that Nixon caused the Ferguson riot!

Judgment Day for the Euro is here!


The Euro & The Waterfall Projection

The interesting part, after the economics, is about half way down when Martin talks about the results of what he shows. Comment by Centinel2012

IBEUUS-W Pi Waterfall 1-24-2015

We have not seen a Waterfall Projection on any market in years. All of a sudden, it showed up in Euro and in Oil. Those who have been with for decades will notice that the projection for the high was virtually a perfect formation at the top of the circle based upon the Pi derivative. That meant we should have then stayed within the circle forming that sharp curve (Waterfall) that will then rush to the bottom of the projection.

IBEUUS-W 1-24-2015

The confirmation that the forecast would be spot on came the week of June 9th, 2014 when the Euro turn NEGATIVE on a Energy models. The inability to mount a recovery warned that the Euro was in a real FREE-FALL to complete the Waterfall.

EUFOR-D 1-22-2015 IBEUUS-FOR-W 1-24-2015

The fascinating aspect about Socrates is how it picks wars and political elections that are reflected in the price movement without any fundamental analysis. Tomorrow, we have Judgment Day – the Greek elections on Europe.

If the polls are accurate, Greece is on the verge of electing the first anti-austerity party in the Euroland. If that happens, Greece’s future will once again be uncertain and we can bet on increased volatility in the months ahead. Our model is warning that there are critical points here. A simple yearly closing below 116 is confirmation of a bear market. Then our targets were 113, 105, and 85. The collapse to 1.1115 with the closing at 1.1209 was longer-term bearish. However, this does not imply a further immediate collapse. A closing below 105 was needed for that.

But the election will be judgment day on how Europe will survive long-term. This financial and economic crisis is the result of academics and lawyers assuming that power can merely dictate to the free markets. Sorry, the Russian had to figure that one out for itself. Centralized government economic planning just does not work. Their own self-interest prevents economic management from working.

The Greece has been bailed out with €240bn (£188bn) from the EU, the ECB and the IMF. But the economy has shrunk by 25%, unprecedented in the modern era. Why? Because these morons just have NEVER understood currency and capital flows. Converting the pre-Euro Greek Debt to euros that doubled, caused their national debt to double in “real” terms and then they suddenly have seen their economy strip-mined. If the Greeks do not pull out of the Euro, we will see civil war erupt there by 2017.

Nov 1918 Revolution Berlin

Many Greeks believe they have been assigned to a laboratory for austerity. The despise the Germans and rightly so. The Germans remain fighting their last nightmare – hyperinflation. They do not understand what took place and simply assign its cause to an increase in money supply when it was a revolution in 1918 where Communism was infiltrating from Russia. Capital fled NOT because of money supply increases, but because of the treat of capital seizures. This is like assuming everyone who ever eat a carrot died eventually so the cause must have been the carrot. It was a 100% correlation.

Europe-Separatist Movement

Prime Minister Antonis Samaras, when in opposition, was mistrusted by Brussels and Berlin. He doubted whether cutting spending in the middle of a recession would work and resisted signing up to it. In power, he has essentially followed the script of the so-called troika; the EU, the IMF and the ECB. This has proven to be BRAIN-DEAD and Europe is facing Judgment Day on a grand scale. This is perhaps the greatest fiasco in modern history of the worst possible fiscal mismanagement in record history. Thus, the Euro is at risk of extinction long-term and it will promote separatism and civil war. This is not personal OPINION, this is the correlation of history.