Now That Detroit’s Gone Bust, Is Your City Next?
European Banks Brace for Losses on Detroit… Apparently Goldman Sachs Is Doing Nothing But Making $$$ in Detroit
How do you like Goldman Sachs making profits from Detroit going bankrupt ?
When 60 Years Of Lies Clash With Reality: Michigan Governor Snyder Authorizes Detroit’s Bankruptcy
JPM Eligible Gold Plummets by 66% In One Day, Total Gold At Fresh All Time Low
“accounting for a massive 66% of the firm’s entire inventory of non-Registered gold, and leaving a token 46K ounces, or a little over 1 tonne in JPM’s possession.”
You mean only 59 MILLION dollars would clear out their vault of gold – f**king hell.
Massive Fire Reported in JP Morgan Basement Vault! Force Majeure?
This is in the greatest tradition of an insurance scam.
Gold: Physical Demand Vs Paper Supply
“Perhaps the most telling phrase comes towards the end when Johnson notes, “I don’t know how to say ‘Hunt Brothers’ in Mandarin, but it might not be a bad idea to learn.””
And what about the Mandarin for force majeure ?
Banking – the Greatest Scam on Earth
“The Greatest Scam on Earth – The Money Scam! The Money Scam is hidden right out in the open, yet buried in complication and confusion. A retired banker describes simply, the world’s Money Scam and the reason every country is now going bankrupt.”
“Private bankers have stolen the money creation process, and whereas once our money was created by the governments, debt-free, it is now created out of thin air and issued as debt with interest charges. In today’s banker controlled world, money = debt, debt = slavery and therefore money = slavery — our monetary systems have become systems of enslavement. Money is created out of nothing, issued as debt, not enough money is created for the future interest payments and inflation steals our savings. The money creation process should be taken away from the banks and given to the governments who can create money debt-free, interest-free. This is how it used to be done and we needed no income taxes. Finally, it is explained what we should do to stop supporting the money scam”
And It’s Gone: Guy Walks Into Citi Branch, Loses $40,000
The New (Ab)normal: When 200 People Have More Wealth Than 3,500,000,000
Iran, Iraq, Syria to form troika to export gas to Europe
“Following the talks, the Syrian minister of petroleum told reporters that they exchanged ideas for setting up a gas pipeline that can carry Iranian gas to Syria in the future and then link it to the Arab gas pipeline.”
“I am hearing the sounds of screaming, and broken crockery, in DC and Tel Aviv on this development!”
‘Unprecedented’ 131 Congressmen Say Obama Should Give Iran’s New President a Chance
A 6,000 Year Old War Against “Buy Silver”
“Currency debasement caused a further loss of confidence in the Roman currency. The decline of Rome took centuries, and the silver content of Roman coins was decreased in an incremental manner. You see below that just passed the midpoint of the first century Roman coins had more than 90% silver in them, according to the chart. By the third century this was, for all intents and purposes, basically zero.”
“First, coins debased were viewed as the same value as those less debased. Over time this trend changed, and those coins severely debased became undesirable and sometimes worthless. With this debased money, trade became more-and-more difficult for Rome as goods rose in price. Wealthy individuals sought to hedge themselves by hoarding those coins not debased.”
“Silver In Popular Culture, A Trend of Centuries: Silver & Gresham’s Law”
“It was a financial agent of the English Crown in the city of Antwerp after whom was coined (pun intended) the term “Gresham’s law” so as to explain to Queen Elizabeth I what her father, Henry VIII, was doing to the English shilling. Henry VIII had by then replaced 40 percent of the silver in the coinage with base metals as a means of increasing the government’s income without raising taxes.”
Buy Silver Before It’s Too Late
“At the Precipice of a Brave New World” – Global Currency Reset in motion
“Like Iraq, many other economically deprived nations are about to experience nearly the same kind of astounding rebirth. These will be third world countries abused by international bankers who have raped and pillaged their lands and resources leaving them hopelessly in debt, never able to repay. Therefore it is important to keep in mind, this is more than a mere Iraq event but rather a global one.”
“Plenty of reports are suggesting the current Federal Reserve Note (FRN) will be replaced by either a new Treasury Note (TRN) or a new Treasury Bill very, very soon. In fact, some have reported the 100 year charter of the Fed which began in 1913 expired in January of this year.”
Report: Brinks Vaults Are Being Depleted: This Has the Appearance of a Run On the Bank
http://sgtreport.com/2013/07/report-brinks-vaults-are-being-depleted-this-has-the-appearance-of-a-run-on-the-bank/ Read More
Gold futures hiccup indicates demand outpacing supply
http://sgtreport.com/2013/07/gold-futures-hiccup-indicates-demand-outpacing-supply/ Read More
“A dislocation in the gold futures market indicating that demand for physical delivery of the metal is now far outweighing supply has intensified in recent weeks, increasing concern in the market that the change may not be a momentary blip and participants may have become over-leveraged.”
“Gold went into backwardation in comparison to the three-month futures contract in early January, meaning the spot price rose above the short-dated future contact. Now that process looks set to creep out the futures curve to longer-dated maturities, signalling some cause for alarm.”
The Shanghai Gold Surprise
http://www.brotherjohnf.com/archives/202241 READ MORE
“The physical gold market continues to develop in the most wonderfully counterintuitive way. While the paper gold price languishes below US$1,300 per ounce, physical demand out of China is now reaching previously unforeseen levels. If you’ve heard this story before, it’s more of the same, except that the demand tonnage is now so high as to be almost comical.”
Maguire – LBMA Now Staring At Another Gordon Brown Abyss
The Rise In Gold Because Of A Shortage Will Be Spectacular
Financial Idiocy Insurance (Gold) Remains Cheap, Miners Bottoming, And The Protests Go On…
Keiser Report: Simulations, Smoke & Mirrors (E473)
“Max Keiser and Stacy Herbert discuss the mass lobotomy that is the knitting needle of market manipulation to the brain; Ben Bernanke’s Pepto Bismol talk as simulated fearlessness and the Department of Homeland Security (DHS) like wearing thirty seat belts. In the second half, Max talks to Wolf Richter of TestosteronePit.com, about the turmoil in the Real Estate Investment Trusts (REITs) market and about private equity and hedge funds buying up properties only to take those properties off the ‘for sale’ list and put them on the ‘to rent’ list.”
Avalanche of City Debt Downgrades and Eventual Bankruptcies Coming Up; Numerous Cities Bankrupt Over Pension Promises
http://www.brotherjohnf.com/archives/201988 READ MORE
Existing Home Sales Fall By Most In 2013, Biggest Miss In 12 Months
Confessions Of A Keynesian Debt Serf
“”Things are different now. I’ve turned my savings into spending, rung up thousands of dollars’ worth of purchases on my credit cards and in the process paid a lot more in taxes. And I’ll probably keep spending like this until I nearly run out of money. In other words, I’ve bought a house. Since the recession materialized in 2008, policymakers in Washington have been urging Americans to buy homes, because no single purchase does more to generate economic activity. The housing market and everything associated with it accounts for around one-sixth of the entire economy, which is why a housing bust can drag the whole nation into a recession (basically what happened starting in 2007) while a housing boom can make nearly everyone better off, including people who don’t even own homes.””
Bitcoin London 2013: Cryptocurrency is the future of money, banking, and finance – Tuur Demeester
Max Keiser’s BTC-Dollar Peg and the Coming Crash
http://www.thebitcoinchannel.com/archives/17301 READ MORE
“3. The reason for BTC to exist is as a challenge the depredations of big banks and government. If banks were good corporate citizens, conducting the business for the good of the community and only taking a reasonable profit, then there would be no interest in a challenger like BTC. If governments protected the commons and stood up for the little guy against the aggression of powerful, monied interests, then there would be no need for BTC.”
First Bank of the United States
“Officially proposed to the first session of the First Congress in 1790, Hamilton’s Bank faced widespread resistance from opponents of increased federal power. Secretary of State Thomas Jefferson and James Madison led the opposition, which claimed that the bank was unconstitutional, and that it benefited merchants and investors at the expense of the majority of the population.”
“Expiration of charter”
“After Hamilton left office in 1795, the new Secretary of the Treasury Oliver Wolcott, Jr. informed Congress that, due to the existing state of government finances, more money was needed. This could be achieved either by selling the government’s shares of stock in the Bank, or raising taxes. Wolcott advised the first choice. Congress quickly agreed. Hamilton objected, believing that the dividends on that stock had been inviolably pledged for the support of the sinking fund to retire the debt. Hamilton tried to organize opposition to the measure, but was unsuccessful. The bank’s charter expired in 1811. It followed the Bank of North America and it was succeeded by the Second Bank of the United States”
Anglo-American War of 1812 to 1815
“On December 24, 1814 the diplomats had finished and signed the Treaty of Ghent. The treaty was ratified by the British three days later on December 27 and arrived in Washington on February 17 where it was quickly ratified and went into effect, thus finally ending the war. The terms called for all occupied territory to be returned, the prewar boundary between Canada and the United States to be restored, and the Americans were to gain fishing rights in the Gulf of Saint Lawrence.”
Second Bank of the United States
“The Second Bank of the United States (BUS) served as the nation’s federally authorized central bank during its 20-year charter from February 1817 to January 1836.”
“A private corporation with public duties, the central bank handled all fiscal transactions for the US Government, and was accountable to Congress and the US Treasury. Twenty percent of its capital was owned by the federal government, the Bank’s single largest stockholder Four thousand private investors held 80% of the Bank’s capital, including one thousand Europeans. The bulk of the stocks were held by a few hundred wealthy Americans. In its time, the institution was the largest monied corporation in the world.”
A PRIVATE CORPORATION AND A QUARTER OF THE PRIVATE INVESTORS WERE EUROPEAN.
THE USA WENT BACK TO BEING A MONIED INTEREST COLONY.
“The efforts to renew the Bank’s charter put the institution at the center of the general election of 1832, in which BUS president Nicholas Biddle and pro-Bank National Republicans clashed with the “hard-money” Andrew Jackson administration and eastern banking interests in the Bank War. Failing to secure recharter, the Second Bank of the United States became a private corporation in 1836, and underwent liquidation in 1841.”
Why Spy on Everybody? Because “You Need the Haystack To Find the Needle,” Says NSA Chief
The Eye of Sauron Is the Modern Surveillance State
http://www.brotherjohnf.com/archives/201945 READ MORE
“Tolkien, not Orwell, understood today’s spying best.”
“What can literary fiction teach us about recent revelations that the National Security Agency has aggressively been gathering massive amounts of data on American citizens? The novel one usually turns to, of course, is George Orwell’s Nineteen Eighty-Four, with its terrifying vision of the Thought Police. Even President Obama, in response to questions about the NSA, has been forced to deny that the government has engaged in “Big Brother” tactics. Orwell’s book, however, isn’t the most compelling or accurate literary prediction of modern surveillance. That award goes to a less obvious title: J.R.R Tolkien’s Lord of the Rings.”
Congressmen: NSA Spying “Illegal”, Subject to Abuse Like the Star Chamber
http://sgtreport.com/2013/07/congressmen-nsa-spying-illegal-subject-to-abuse-like-the-star-chamber/ Read More
US Secretary of State threatens Venezuela over Snowden asylum
“To immediately halt sales of US gas products to Venezuela. Venezuela purchases a half-million barrels of gasoline and 350,000 barrels of Methyl Tertiary Butyl Ether, a gasoline additive, from the US each month.”
Fatal Consequences of Living in the NSA Surveillance State – Marcy Wheeler #N3
US Authorizes Preparations For War With China
“The Act of Killing”: New Film Shows U.S.-Backed Indonesian Death Squad Leaders Reenacting Massacres
“We spend the hour with Joshua Oppenheimer, the director of a groundbreaking new documentary called, “The Act of Killing.” The film is set in Indonesia, where beginning in 1965, military and paramilitary forces slaughtered up to a million Indonesians after overthrowing the democratically elected government. That military was backed by the United States and led by General Suharto, who would rule Indonesia for decades. There has been no truth and reconciliation commission, nor have any of the murderers been brought to justice. As the film reveals, Indonesia is a country where the killers are to this day celebrated as heroes by many.”
Issa & Grassley To Holder: Why Is DOJ Hiding New Fast & Furious Murders?
http://sgtreport.com/2013/07/issa-grassley-to-holder-why-is-doj-hiding-new-fast-furious-murders/ Read More
“In the wake of the revelation that a Mexican police chief was found murdered with one of the weapons from the Obama administration’s Fast and Furious Operation, Senator Chuck Grassley (R-IA) and Congressman Darrell Issa (R-CA) sent a letter to Attorney General reminding him that he has an obligation to inform Congress when weapons from his Fast and Furious operation are found at crime scenes.”
China, GSK and dealing with toxic bribery claims
“The issue in 2012 was a £3bn (£1.9bn) fine in America for mis-selling GSK products. Enthusiastic sales teams had doled out the anti-depressant Paxil for unapproved use on children and promoted another, Wellbutrin, for sexual dysfunction and weight loss despite it not being approved for either. To “encourage” doctors to take on its medicines, lavish golfing and fishing trips had been laid on.”
Medicinal Vegetable Juices That Heal You
“Many natural ingredients like herbs and even vegetables have medicinal properties. In fact, eating natural is one of the best ways to heal yourself. We all are plagued by various health problems these days. But instead of popping pill for all our ailments, we could also also try having medicinal vegetable juices.”
Soy-based lunch kills 22 children in India: Have GMOs and pesticides become instant killers?
Obama’s Executive HIV Initiative conspires with UN, with billions in profits heading to global financiers
Did Bill Gates KNOW Vaccination Push Would Paralyze Children?
“At least he certainly OUGHT to have known that oral polio vaccines were discontinued in the U.S. due to their known contribution to vaccine-derived paralysis. The Bill and Melinda Gates Foundation created the GAVI alliance to push vaccinations on the poorest parts of the developing world in the name of “saving lives” and stopping disease. In particular, Bill Gates expects to take credit for wiping out polio worldwide by making it one of his primary issues. But at what cost?”
CDC ‘Disappears’ Page Linking Polio Vaccines To Cancer-Causing Viruses
FDA Finally Admits Chicken Meat Contains Cancer-Causing Arsenic
Fury over MPs’ plan to sell Britain’s blood stocks to U.S. private equity firm founded by Mitt Romney
Statins risk for women: Taking cholesterol-lowering drug for more than ten years ‘doubles chances of the most common breast cancer’
Is This Fruit Extract 10,000 Times Better Than Chemo?
“Over a quarter of a century ago, a study was performed on the seeds of the Soursop fruit, also known as graviola, which at that time demonstrated such amazing cancer-fighting potential, that those exposed to it within the conventional medical community looked upon it with complete incredulity.”
Supreme Court Rules Drug Companies Exempt from Lawsuits in 5-4 Vote: Monsanto Strategy?
“In a 5 to 4 vote, the US Supreme Court has absolved pharmaceutical companies, and over 80 percent of all drugs prescribed in the US, of legal liability for a long list of ill deeds including fraud, mislabeling, side effects and accidental death.”
“This decision happened as a response to a lower court’s ruling concerning a victim who took a pharmaceutical drug and had a severely adverse reaction that caused the patient to be completely disfigured when the drug caused a flesh-eating side effect. The side effect was known by the drug maker and yet, was not labeled. The lower court ruled that the drug maker would have to label all future drugs with this side effect but the Supreme Court left the corporations who make these drugs completely exempt from future lawsuits, and said the victim ‘had no legal grounds to sue.’”
Mali: A Third of the Population is Starving, While Sitting on VAST Natural Resources
Canadian whistleblower suspended without pay
“A federal fraud investigator has been suspended without pay, after she leaked documents showing that investigators had to cut people off their employment insurance benefits in order to meet quotas.”
Jesuit Pope Francis Bans & Criminalizes All Reporting of Sex Abuse!
How can reporting a crime be made into a crime ?
Britain’s Former Top Spy Threatens To Expose Secrets Of Iraq ‘Dodgy Dossier’
Striking Back at Police State Amerika
http://sgtreport.com/2013/07/striking-back-at-police-state-amerika/ Read More
“Every day a granny is goosed by TSA, a federal swat team raids the wrong house, a citizen acquitted of a crime still has their property confiscated by authorities, even the dumbed down public is aware that their every communication is monitored by the NSA and Obama has set his administration up to violate every constitutional right of every citizen in America under the NDAA and Executive Order 13603.”
“Anyone who possess an IQ above room temperature is aware that our federal government is totally out of control and is wreaking tyranny upon the American people. As a people, we have seemingly grown numb to the constitutional violations perpetrated by our government against the citizens of this country. However, the abuse of citizens does not begin and end with the federal government.”
I’m not numb to the abuses of our human rights.
The Sound of Freedom w/Gwen Caldwell & Miles — FLASH MOB
The overcriminalization problem: Congressional Research Service can’t even list all federal crimes
http://www.brotherjohnf.com/archives/202169 READ MORE
Police won’t name big firms and lawyers who hack phones – to protect their human rights
And the people who had their phones hacked should not have their human rights defended ?
US- South Africa War Games: The Pentagon’s Hidden Agenda is to Make “Africans fight Africans”
How about humanity fight the criminal elite ?
Scary, Non-Existent Terrorism: According to the State Department a mere 10 Americans were killed by terrorism in 2012. None of them in the U.S
“Nearly 12 years after the 9/11 attack, virtually every single element of national security policy – from the occupation of Afghanistan, to the drone war, to a massive NSA surveillance apparatus, to a defense budget the outpaces the rest of the world combined – is justified by citing terrorism as a threat. Together these policies amount to trillions of dollars, the decay of the rule of law, rampant government”
Former Corruption Prosecutor Found Dead Under A Bridge- Suspiciously Ruled A “Suicide”
http://sgtreport.com/2013/07/former-corruption-prosecutor-found-dead-under-a-bridge-suspiciously-ruled-a-suicide/ Read More
A Proposed Citywide Surveillance Center In Oakland Is Delayed As Opposition Builds
Being homeless soon a crime in Miami?
“In Miami, Florida, City Commissioner Marc Sarnoff is considering making being homeless illegal, and sleeping on a park bench, eating on sidewalks or congregating in public spaces could land you behind bars. In a 1998 legal ruling, cops were instructed not to arrest the homeless, but instead offer them a place to stay at a local shelter.”
Persecuting the most vulnerable people is simply EVIL.
Florida Nurse Terrorized by US Marshals
“It was a typical week night evening after work when Sarasota, Fl., resident Louise Goldsberry finished dinner and began to clean up.”
“The nurse, employed by the Sarasota Doctors Hospital, proceeded towards the kitchen sink to clean the dishes when she gazed out her window. Her gaze met the eyes of a man wearing a hunting vest who was aiming a gun directly at her face.”