by John Galt
September 27, 2015 09:30 ET
Portugeezer
Rich, the trapping of wild hogs has given us a good supply of blood. I can’t wait to douse some goat humper! They keep a very low profile in Oklahoma.
rno
well, for all you astronomy fans, there’s some good news and some bad news
tonight there is a total lunar eclipse ( the earth’s shadow falls on the moon) for all of north america. this is called a “blood moon” because the only light reaching the moon – and reflected back to earth is reddish colored from passing through earth’s atmosphere, creating an effect similar to sunrise or sunset. this “blood moon” coincides with a “super mooon” in which luna is at the closest point to earth in her orbit, and appears up to fourteen percent larger than usual. a rare and beautiful natural spectacle.
that’s the good news. the bad news is that there is a large mass of warm, humid air moving in from the gulf of mexico, causing cloud cover over much of the southeast. near total cloud cover here in the deep south. 🙁
Sinclair – Holter
The Final Flush is at Hand
My Dear Extended Family,
Outright financial collapse, chaos and most probably war is not only in sight, it is imminent and unavoidable now. Normally I try to write and support my conclusions with current or past events via links to news. For this writing, because of the length and scope I don’t plan to do this. It will be assumed that you as the reader have already heard of or read evidence of what is put forth as connectable dots.
This past week, the following article was forwarded all over the internet
http://investmentwatchblog.com/if-deutsche-bank-goes-under-it-will-be-lehman-times-five/ as Deutsche Bank is “all of a sudden news”. Maybe this is a “German thing” with the latest out of Volkswagen? Deutsche Bank is not “all of a sudden”, they have been a derivatives monster for years and were saved in 2008 with part of the $16 trillion the Fed generously sprayed all over the world. The title suggesting DB will be the equivalent of five Lehmans is on the right track but not nearly severe enough. They are tied with JP Morgan as THE largest holder of derivatives in the world. Should Deutsche Bank fail, EVERYTHING FINANCIAL FAILS! It can even be said, “the entire world is Lehman” just waiting for their credit line to be cut 48 hours before complete failure.
What we are looking at now it “the FINAL FLUSH” of the Western financial system. The Federal Reserve has lost all credibility. This has followed both the Bank of Japan and European Central Bank being seen as hopelessly neutered of the ability to support the system. Confidence was THE very last “hope” and the Fed gave even that away last week. Of course the mainstream media chimed in on Friday saying the “market was up in the hopes of a rate hike in December”. Really? Are we to believe a tightening of credit is a good thing for a system buried in leverage and being dogged with liquidity drying up? This is like saying a flame thrower is the best tool for the California fires?
Money Velocity has crashed and so has global trade. Leveraged commodity trades have blown up and left many sectors dysfunctional. Has anyone stopped to think who (other than the sectors themselves) stands to lose with $45 oil? Maybe the lenders? Would this not tighten credit even further? Why do a dozen “advanced” economies already have stock markets in bear (minus 20%+) market territory?
Geopolitically we have watched as West has lined up against East militarily in many spots all over the world. The short list includes the South China Sea, Ukraine, Yemen and of course Syria. Russia began the build up militarily several weeks back along the Ukraine border and more recently inside Syria. Now China is reportedly sending hardware to Syria including http://www.debka.com/article/24909/A-Chinese-aircraft-carrier-docks-at-Tartus-to-support-Russian-Iranian-military-buildup ships. These are not bluffs as active fighting already exists. Can the U.S. actually “win” in any of these arenas in conventional war? It’s OK, you know the answer in your own mind, you also know what the alternative to losing conventionally is.
Before going any further I must ask you this question. Does the rule of law exist in the United States anymore? How many bankers went to jail over the blatant fraud in banking, real estate/mortgages? How many brokers went to jail for stacking MBS securities with guaranteed defaults while betting against the pools? How many exposed frauds within the Obama administration have gone un punished or even investigated? Do we really have three branches of government? Congress (Republicans) has done NOTHING they said they would when the public kicked out the snakes last November…only replaced by new ones apparently. The presidency has purged the armed forces of any conservative leadership and placed “czars” at the top of new and old agencies, what’s up with this?… which leaves the Supreme Court. They now effectively “write law” as they “interpret” ALL law. The Supremes will never see a duck as a duck and will write interpretations declaring the Sun full in the sky at midnight …final ruling and no appeal! “We the People” are screwed!
Speaking of “We the People”, while QE was used to mesmerize the middle class by holding the markets up, it in fact has gutted our real economy and has destroyed any possibility of making money the old fashioned way …by working! We now have one half or more of our population “taking” benefits and the other half “giving” them, any hope of a recovery led by the middle class is now gone as is the middle class.
Is it any wonder there are now shortages and tightness in the gold and silver markets? The East believes gold “IS” money, they also know the dollar is untenable and will not be a store of value. In fact, I believe China and Russia may step in to “help” the dollar fail. I still believe Mr. Putin will come forth with a “truth bomb”, I would love to be a fly (although hidden bugs will probably be everywhere) on the wall at tomorrow’s meeting between Presidents Xi and Obama. I can just imagine how the conversation might go, I cannot believe the U.S. will be barking ANY orders in any fashion. A sad statement but you must ask yourself this, does the U.S. have the power or ability to make demands? Remember, we are the debtor while they are the creditor!
In my opinion we are already well within the jaws of a meltdown/shutdown as liquidity is evaporating. There are a dozen developed countries with their stock markets already in bear markets (down 20% or more). All crashes come from oversold levels just as bank runs come on fast and are a surprise at the time. What is coming should be NO SURPRISE to anyone as we are looking at the end of not only an empire but of a flawed system which has endured for far too many years! This was a solvency problem in 2008 and “liquidity” was the incorrect tool used then. Now it is a bigger solvency problem with an illiquidity kicker attached …while the Fed has already used every tool imaginable and every last ounce of credibility. The loss of confidence in the issuer of the world’s reserve currency would be bad enough in an unlevered world, the loss of confidence in today’s “debt world” will be a DISASTER!
To wrap this up, do not let anything that may happen from here surprise you. The conditions are ripe for global currency crises and a shutdown of credit. The conditions are also ripe for hot war to explode in multiple venues. A meltdown or shutdown of markets will serve as a FINAL FLUSH of what remains left of the U.S. middle class. Without the “wealth” in stocks and homes, psychology will be toast. The U.S. is creating “income” from actual work at a third world level which is exactly where we are headed as our standard of living is “borrowed rather than owned”. My point is this, a market meltdown and credit shutdown will make the U.S. look like 1985 Bombay within weeks as we create nothing and have saved in “nothings” and owe everyone. This is the rosy scenario and assumes that martial law is not instituted (a poor assumption in my opinion!).
Standing watch with tears in my eyes,
Bill Holter
Holter-Sinclair collaboration
Comments welcome! bholter@hotmail.com
Samb
Yeah most aware of that and why our founding fathers warned not to get into the affairs of Europe or elsewhere for that matter. But now it’s comming up on our beaches with a traitorous gov allowing it. As far as media I warn people all the time not to give POS like Ovommit and others who constantly do things to annoy people to put them on ignore. ISIS has gone out of its way to film things to get attention. To concentrate or give attention on the people and things who are actually doing something for this country not to it.
I see the brainwash and how their trying to get people used to Muslims and media using same tactics of Mexican media over immigration and race cards. Big deal coming out on asking if a Muslim should run the country and when someone like Carson says no there goes the Muslims jumping in with race card. Same be different faces. Answer simple no because our freedons and constitution is in direct conflict with their religious beliefs and Shaira laws. Can Americans even see that their other countries are looking for weakness so they could jump in and take over at the first sight of weakness?
interesting middle east scenario from john galt
oops, auandag beat me to it.
Goldi
Oh Yes, they are… totally dependent on social media, GPS and ISLAM indoctrination. Totally brainwashed. Stupid. And so are we. Why, all our lives, is there always a constant crises…never a moment from some invented international disaster that requires serious military intervention? It should become apparent to even the slowest, yet good natured amongst us, that there is a design being played out here.
Samb
Good point but don’t know if their totally dependent on utilities. Don’t think it’s as easy as that. France welcomes with pipeline that Assaid has refused to be allowed through. Nevertheless doesn’t get the puppet and chief off the hook. What do you think? This invasion seems to point to wanting to destroy western culture and even ISIS has admitted it. Also are they allowing this invasion to industrial countries using ISIS? Now Europeans are being evicted from their apartments to accommodate the refugees. I can see that only getting worse as more keep arriving and how are they getting away with that. They treat their people like sheet and of they want to give them a place give up their own flat. Guess this sheep who welcomed them just got a reality check of just how much contempt they have for their fellow citizens.
http://pamelageller.com/2015/09/europe-seizing-homes-to-house-muslim-migrants.html/
Auandag
Thanks for sharing
How Russia and Iran Plan to Push Oil Prices Back above $100
GOLDI
Why is it that headline news brainwashes us? We tenters are too street smart to be brainwashed! Yea right. France makes a move. Yea, give me a break…Please. Raqqa, or whatever, has the issil headquarters totally dependent on its electric and water supply. Poof, gone in less then one week if the allies wanted this. Just a few bombing raids. Easy enough…not happening. Ever wonder why?
France now getting involved with the rest
While the Group of Procrustean and GOP punditocracy talking heads here are arguing over gay rights and wether the puppet in office is muslim or not the rest of the world is no longer waiting around. France has now bombed a ISIS traing camp in Syria.
Great common sense by Teddy Roosevelt in 1919=not as dwellers in a polyglot boarding-house; and we have room for but one sole loyalty, and that is loyalty to the American people.
Teddy thought like that great American Henry Ford
We should insist that if the immigrant who comes here does in good faith become an American and assimilates himself to us he shall be treated on an exact equality with every one else, for it is an outrage to discriminate against any such man because of creed or birth-place or origin.
But this is predicated upon the man’s becoming in every fact an American and nothing but an American. If he tries to keep segregated with men of his own origin and separated from the rest of America, then he isn’t doing his part as an American. There can be no divided allegiance here. . . We have room for but one language here, and that is the English language, for we intend to see that the crucible turns our people out as Americans, of American nationality, and not as dwellers in a polyglot boarding-house; and we have room for but one soul loyalty, and that is loyalty to the American people.
Microsoft Word – Fall 12, Firsht-1.docx
HENRY FORD==
To rectify his immigrant problem, Ford sought to Americanize his foreign workforce through the Ford English School, which began in 1914. Taught by native-born American workers, the English School was mandatory for foreign-born employees. Samuel Marquis, head of the Ford Sociological Department, stated in a speech that workers who did not make an effort to go to school would be discharged.7 While the explicit purpose of the English School was to teach foreign workers English and how to spend their wages, the English School had a much further reaching impact. Ford said, “These men of many nations must be taught American ways, the English language, and the right way to live.”8 The “right way to live” according to Ford was a life of middle class, bourgeois values that favored consumerism. Ford foreign workers were educated to be a consummate working class—complete with knowledge of important middle
Microsoft Word – Fall 12, Firsht-1.docx
The Ford English School produced Americans by “Seventy-two lessons…taught in thirty-six weeks, two lessons a week, each covering a period of an hour and a half.”14 By continually adding knowledge of American values to the raw product of the immigrant, they could eventually be turned out as the finished product as Americans. Therefore, because it was almost compulsory for immigrants to attend the English School, Ford could be promised a constant stream of new Americans. An article in the Ford Times exclaimed, “By treating employees as Men and making possible for themselves and their families to live respectably, it has become possible—yes, easy [my emphasis]—for these thousands of foreign born workers to be refashioned and woven into the warp and woof of greater Americanism.”15 The FMC believed that this was an “easy” process that could be easily implemented on any immigrant to make them American. Americanization became a sudden and immediate transformation.
https://michiganjournalhistory.files.wordpress.com/2014/02/fall-12-firsht.pdf
Islam is a Military Doctrine
…and should be treated as such. We are being invaded.
Scuffy @ 8:08
They surely wouldn’t want to be coming to my area, the women are packing semi-automatics and know how to use them.
Winedoc @ 7:02 Good morning from the west coast.
Our last purchase of one-ounce silver maples cost us $ 24.00 each in Canadian dollars. That was on 14 September and the price has crept up since then. Thanks for mentioning the premium differences when comparing Kitco and Scotiabank. Pricing for us is with a local dealer, not Kitco or Scotiabank, and is based on the prices quoted each day by bordergold.com. Cheers. Equiz
Join the party
A Chinese aircraft carrier docks at Tartus to support Russian-Iranian military buildup
Scruffy @ 8:08
Yeah I sure want more muslims to come here.
Scruffy – Pathetic
Welcome to the NWO.