September 29, 2010 CNN
NEWS ON BOOZE : THE TRUTH THE NEWS WILL NOT TELL YOU . Your Source of Daily Alternative & Independent News a daily follow up of Investigative Journalists Whistleblowers Conspiracy Theorists Truthers Visionaries and Freedom Fighters . Freedom is real and attainable
Wednesday, September 29, 2010
Bill Murphy: The Gold Price Explosion Is Still Ahead Of Us
Bill Murphy, GATA Chairman (source : www.radio.goldseek.com )
Murphy grew up in Glen Ridge, N.J., and graduated from the School of Hotel Administration at Cornell University in 1968. In his senior year he broke all the Ivy League single-year pass-receving records. He then became a starting wide receiver for the Boston Patriots of the American Football League. He went on to work for various Wall Street brokerage firms and specialized in commodity futures. He began as a Merrill Lynch trainee and went on to Shearson Hayden Stone and Drexel Burnham. From there he became affiliated with introducing brokers and eventually started his own brokerage on 5th Avenue in New York. He now operates an Internet site for financial commentary, www.lemetropolecafe.com.
To Visit The Website, Please Click Here.
Labels:
Bill Murphy
Beverly Hills Villa and Real Estate For Sale - $10,995,000 USD
Beverly Hills Villa for sale and luxury Home for sale
Labels:
Beverly Hills Villa,
Real Estate For Sale
Gold for Inflation and Deflation
Gold So precious these days
Seems like gold hits a new record every day. Is it a bubble or is it spiking on legitimate concerns about the economy?
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Gold Bubble
Tuesday, September 28, 2010
Bulk vs Base Metals
Alan Heap, managing director & global commodity analyst at Citi Investment Research, makes a case for bulk over base metals with CNBC\'s Karen Tso and Sri Jegarajah.
Labels:
Base Metals,
Bulk Metals
Bob Chapman : Discount Gold and Silver Trading 27 Sept 2010
Mr. Robert Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Bob Chapman : you got to remove these people from the government
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week
Foreclosures Rise For 9th Straight Month
FBN's Connell McShane on the increase in foreclosures in August.
Labels:
Foreclosure
Robert Kiyosaki : HOPE In This Bad Economy
Robert Kiyosaki Says It's About People HOPING People. This says it all and we need HOPE! HOPE us HOPE you to HOPE others!
Labels:
HOPE
China set to take centre stage in gold market
Reuters
September 28, 2010
The easing of restrictions on China’s gold imports should boost its influence on global bullion trade as Chinese investors turn to the open market to satisfy their hunger for the metal, the World Gold Council said.
Chinese gold demand is expected to show at least single digit percent growth this year at a time when high prices are curbing buying in other major physical markets like India, the WGC’s Far East managing director Albert Cheng said on Tuesday.
Read Article >>>
September 28, 2010
The easing of restrictions on China’s gold imports should boost its influence on global bullion trade as Chinese investors turn to the open market to satisfy their hunger for the metal, the World Gold Council said.
Chinese gold demand is expected to show at least single digit percent growth this year at a time when high prices are curbing buying in other major physical markets like India, the WGC’s Far East managing director Albert Cheng said on Tuesday.
Read Article >>>
Labels:
China
Bob Chapman if you take real inflation Gold should be at $7700 dollars an ounce
Bob Chapman : buy Gold and Silver with both hands , because they are going much higher if you take real inflation Gold should be at $7700 dollars an ounce ...this is the chance of a life time , the price of everything else including Real Estate residential and commercial will collapse like in a depression and we are in a depression...
Bob Chapman on the International Forecaster of 22nd Sept 2010 :"
Fed makes its own rules, liquidity injections dont work, therapy proves costly, European banks broke, a return to austerity, Markets look for reflation, a broader net for SEC, Fanny and Freddie losses at around 400 billion, state pension death spiral. As quantitative easing again gets underway the failure of QE1 becomes more obvious. The crisis worsens and the illusion of any recovery is light years away. Over the past three years almost $13 trillion that we know about has been thrown down a rat hole to bail out banking, Wall Street, insurance and selected elitist entities. The dollar figure is probably much higher. We will never know, because the privately owned Federal Reserve makes its own rules. Everything they do is a state secret. The five successful quarters were only a mirage. The funds have been vaporized among lending and financial institutions worldwide. There has been no accounting and there never will be as long as the Fed is not audited and investigated. We are in an inflationary depression and have been since February 2009. Massive injections of liquidity do not work, nor have they worked for centuries under these conditions. You cannot resurrect an insolvent country in a system that is corrupt. The controllers of the US economy are about to lead the American economy and financial structure into a great dark pit. The US and the world is soon to face a global breakdown deliberately engineered by the forces of darkness. ..............".....read more at Theinternationalforecaster.com >>>>
Bob Chapman on the International Forecaster of 22nd Sept 2010 :"
Fed makes its own rules, liquidity injections dont work, therapy proves costly, European banks broke, a return to austerity, Markets look for reflation, a broader net for SEC, Fanny and Freddie losses at around 400 billion, state pension death spiral. As quantitative easing again gets underway the failure of QE1 becomes more obvious. The crisis worsens and the illusion of any recovery is light years away. Over the past three years almost $13 trillion that we know about has been thrown down a rat hole to bail out banking, Wall Street, insurance and selected elitist entities. The dollar figure is probably much higher. We will never know, because the privately owned Federal Reserve makes its own rules. Everything they do is a state secret. The five successful quarters were only a mirage. The funds have been vaporized among lending and financial institutions worldwide. There has been no accounting and there never will be as long as the Fed is not audited and investigated. We are in an inflationary depression and have been since February 2009. Massive injections of liquidity do not work, nor have they worked for centuries under these conditions. You cannot resurrect an insolvent country in a system that is corrupt. The controllers of the US economy are about to lead the American economy and financial structure into a great dark pit. The US and the world is soon to face a global breakdown deliberately engineered by the forces of darkness. ..............".....read more at Theinternationalforecaster.com >>>>
Labels:
Money Control
George Gero, Gold Prices Will Stay Volatile
NEW YORK (TheStreet) -- George Gero, senior vice president and financial consultant RBC Capital Markets Global Futures, vice president precious metals strategist, warns investors to fasten their seatbelts as gold's volatile trading continues.
Tue 09/28/10 10:51 AM EST -- Alix Steel
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George Gero
New Mining Rules in China Making Bosses go Down Shafts
In China, coal mine managers and chief engineers are required to accompany miners down into the shafts and tunnels, starting on October 7. The new rule has been set up with the intention that management should put themselves at risk as the miners do, to make sure the company complies with safety regulations.
One mining company in Guangxi has tried to circumvent the new rule by promoting seven employees as "assistants to managers," who would then go down into the mines instead of the managers.
But a spokesman for the State Administration of Work Safety publicly stated that such tactics would not be allowed.
More than 2600 miners died last year in work-related accidents. China's coal mining industry has become notorious for its pervasive corruption and lack of regulation.
One mining company in Guangxi has tried to circumvent the new rule by promoting seven employees as "assistants to managers," who would then go down into the mines instead of the managers.
But a spokesman for the State Administration of Work Safety publicly stated that such tactics would not be allowed.
More than 2600 miners died last year in work-related accidents. China's coal mining industry has become notorious for its pervasive corruption and lack of regulation.
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New Mining Rules
Home Prices Expected to Take Big Hit Next Year
Home Prices Expected to Take Big Hit Next Year
Home prices ticked up in July for the fourth straight month, but many cities are bracing for declines in the year ahead. (Sept. 28)
Home prices ticked up in July for the fourth straight month, but many cities are bracing for declines in the year ahead. (Sept. 28)
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Home Prices
CNN: UFOs Eyeing Our Nuclear Weapons ? 27/9/2010
Former U.S. Air Force personnel claim they experienced UFO activity near nuclear sites at which they worked
Disclose.tv - CNN: UFO's eyeing our Nuclear Weapons? (27/9/2010) Video
Disclose.tv - CNN: UFO's eyeing our Nuclear Weapons? (27/9/2010) Video
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UFOs Eyeing Our Nuclear Weapons
Robert Kiyosaki Business of the 21st Century Why Network Marketing
Robert Kiyosaki Business of the 21st Century Why Network Marketing
Labels:
Business of the 21st Century
Egypt Real Estate
Egypt has been experiencing a boom time in its construction and real estate industries.
But a land sale dispute involving an ambitious project has threatened to tarnish the country's image among foreign investors.
The government has been quick to come to its rescue.
Al Jazeera's Hoda Abdel-Hamid finds out if this is another case of power and corruption.
But a land sale dispute involving an ambitious project has threatened to tarnish the country's image among foreign investors.
The government has been quick to come to its rescue.
Al Jazeera's Hoda Abdel-Hamid finds out if this is another case of power and corruption.
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Egypt Real Estate
Bob Chapman on the Yuan China Reserve Currency
Bob Chapman on the Renminbi China Reserve Currency (Aug-10)
Bob Chapman wrote in the International Forecaster of 22nd September 2010 :"We do not have exact figures of the Fed’s intervention in the MBS, CDO, GSE and Treasury markets it has to have been at least $2.2 trillion over a one-year period plus the last stimulus package, which puts the number at $3 trillion. Unfortunately it looks like that will have to be done all over again for another year and perhaps two years. You say, where does it all end? Well it doesn’t – it just gets worse as purchasing power falls at least 7% a year, wages remain stagnant and unemployment rises, as government and the Fed cannot stem deflation even by creating $3 trillion, or so, a year. This should give you an idea of the trouble we are in. In this process unfortunately the dollar is being destroyed. Just think of what will happen if China, Japan and Korea have to sell or want to sell dollars? Are we to see competitive monetization? Of course we are. Alliances are one thing and reality is another. As we said 17 months ago what you are seeing is a battle between the US dollar and gold for supremacy and gold has already won. Those who realize and understand this know where we are headed. Those who do not could lose it all. "
Labels:
the Yuan
Default on Second Mortgage to Save Home?
Depel University Real Estate Professor Rebel Cole explains why it might be a good idea to let your second mortgage default.
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default,
Second Mortgage
Greg Ip, Gold Signals Fear, Not Inflation
NEW YORK (TheStreet) -- Greg Ip, author of "The Little Book of Economics", explains why the spike in gold has more to do with fear than actual inflation.
Tue 09/28/10 09:30 AM EST -- Gregg Greenberg
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Greg Ip
BP Spill Destroys a Way of Life
BP Spill Destroys a Way of Life
Jordan Flaherty: Local fishing villages face an uncertain future on Louisiana Coast
Jordan Flaherty: Local fishing villages face an uncertain future on Louisiana Coast
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BP oil spill
Owned by Aliens? US missile guards claim UFOs target global nukes
They are said to be able to cross galaxies. But people who believe they are out there, want to know why aliens want to visit Earth. A group of former U.S. servicemen is convinced extraterrestrials are interfering with nuclear weapons, as RT's Cedric Moon explains.
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aliens
Goldline, The Gold Plated Glenn Beck
Congress will ask top executives from Goldline, the precious metals dealer that is a major sponsor of Glenn Beck's television and radio programs, to testify about the company's aggressive sales tactics.
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Goldline
Monday, September 27, 2010
Who is keeping the World addicted to oil, Shell?,Exxon?,BP?,Chevron?,Esso?,Texaco?
Short clip from " Dr. Steven Greer on the BP Oil spill and the Orion Project"
Max Keiser: Return to The Gold Standard - The Alex Jones Show
Alex Jones welcomes back to the show film-maker, broadcaster and former broker and options trader Max Keiser. Max is the host of On the Edge, a program of news and analysis and he also hosts Keiser Report, a financial tabloid. Keiser formerly hosted The Oracle with Max Keiser on BBC World News. Keiser correctly predicted the 2008 collapse of Fannie Mae and Freddie Mac, that sub-prime mortgage-backed securities would be the cause of the economic crisis beginning in 2008, and also predicted the banker sabotage of Iceland's economy.
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Max Keiser,
The Gold Standard
UN to appoint Earth Contact for Aliens
itnnews--September 26, 2010-- The United Nations was set today to appoint an obscure Malaysian astrophysicist to act as Earth's first contact for any aliens that may come visiting.
Mazlan Othman, the head of the UN's little-known Office for Outer Space Affairs (Unoosa), is to describe her potential new role next week at a scientific conference at the Royal Society's Kavli conference centre in Buckinghamshire.
Read more: http://www.news.com.au/breaking-news/...
Mazlan Othman, the head of the UN's little-known Office for Outer Space Affairs (Unoosa), is to describe her potential new role next week at a scientific conference at the Royal Society's Kavli conference centre in Buckinghamshire.
Read more: http://www.news.com.au/breaking-news/...
Labels:
aliens
The Truth About The Iraqi Dinar Hype!
This is Jack DeAngelis on The Iraqi Dinar opportunity
Labels:
The Iraqi Dinar
Gold hits record $1,300
Gold has hit an all-time high
ReutersVideo--September 27, 2010--Gold has hit an all-time high of $1,300 an ounce as worries about the health of the global economy spurred buying, with top consumer India also defying high prices during the festive season.
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Gold hits an all-time high
Gold ETNs Good Investments?
NEW YORK (TheStreet) -- Don Dion, portfolio manager of ETF Action, breaks down the pros and cons to gold ETNs and reveals how he likes playing the rising gold price.
Mon 09/27/10 07:00 AM EST -- Alix Steel
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Gold ETNs
First Eagle GOLD Strategy
Abhay Deshpande, co-manager of the First Eagle Global Fund, discusses the outlook for gold prices and U.S. stocks. He talks with Matt Miller and Carol Massar on Bloomberg Television's "Street Smart."
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Abhay Deshpande,
First Eagle
Sunday, September 26, 2010
Rob McEwen, Outlook for $5,000 Gold Prices
Rob McEwen, CEO of U.S. Gold, says gold prices will hit $5,000 once the buying frenzy reaches its full potential.
Sat 09/25/10 21:00 PM EST -- Alix Steel
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Rob McEwen
Germany wants Deutschmark back
In spring indebted nations such as Greece, Portugal and Spain nearly dragged the Euro zone into the abyss. It was only a seven hundred and fifty billion Euro bailout package that maintained the shaky balance. But many experts still believe what we've witnessed, is the beginning of the end. Some of them have gathered in Berlin. RT's Laura Emmett talks to Jurgen Elsasser, one of the organizers of the Euro conference.
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Deutschmark,
euro
David Morgan, What $1,300-an-Ounce Gold Means for Silver
David Morgan, founder of Silver-Investor.com, discusses what record-high gold prices mean for silver.
Sat 09/25/10 12:00 PM EST -- Alix Steel
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Gold Silver Ratio
Saturday, September 25, 2010
Webster Tarpley - World Crisis Radio 09.25.2010
Webster Tarpley: the most incisive critic of Anglo-American hegemony. As an activist historian he is best known for his book- George Bush: The Unauthorized Biography (1992), a masterpiece of research which is still a must read. He is a 9/11 Truth Scholar and activist; AB Princeton 1966, summa cum laude and Phi Beta Kappa; Fulbright Scholar at University of Turin, Italy; and MA in humanities from Skidmore College. He is fluent in Italian, German, French, Latin and Russian. A decades-long expert on international terrorism, his 1978 study for the Italian parliament "Chi ha ucciso Aldo Moro?"(Who Killed Aldo Moro?) broke open the ownership of the "Red Brigades" by NATO's clandestine "stay-behind" networks.
Webster Griffin Tarpley is an investigative journalist an activist and a historian best known for his George Bush: The Unauthorized Biography (1992), which has become an underground classic on the Internet He co-authored American Leviathan: Administrative Fascism Under the Bush Regime (1991), which identified many tendencies which have become prominent today.
An expert on international terrorism with decades of experience, he directed the study Chi ha ucciso Aldo Moro? (Who Killed Aldo Moro?) which was commissioned by a member of the Italian government and published in Rome in 1978. [Aldo Moro was an ex-prime minister of Italy who was murdered by the "Red Brigades," who were ultimately found out to be a front for a fascistic state terror group.]
Against Oligarchy, a collection of Tarpley's essays and speeches, appeared on the Internet in 1996. He also wrote Surviving the Cataclysm (1999), an analysis of the world financial crisis. Tarpley has appeared on CNN Crossfire, Charlie Rose, talk radio, and cable access television across North America.
Webster Griffin Tarpley: Historian, Iconoclast, Investigative Journalist is an activist and historian best known for his George Bush: The Unauthorized Biography (1992), which has become an underground classic on the Internet . He co-authored American Leviathan: Administrative Fascism Under the Bush Regime (1991), which identified many tendencies which have become prominent today.An expert on international terrorism with decades of experience, he directed the study Chi ha ucciso Aldo Moro? (Who Killed Aldo Moro?) which was commissioned by a member of the Italian government and published in Rome in 1978. [Aldo Moro was an ex-prime minister of Italy who was murdered by the "Red Brigades," who were ultimately found out to be a front for a fascistic state terror group.]Against Oligarchy, a collection of Tarpley's essays and speeches, appeared on the Internet in 1996. He also wrote Surviving the Cataclysm (1999), an analysis of the world financial crisis. Tarpley has appeared on CNN Crossfire, Charlie Rose, talk radio, and cable access television across North America. For recent radio appearances by Webster Tarpley, see Authors on the Air. Please see New Releases for synopses of his masterly exposé of 9/11, 911 Synthetic Terror: Made in USA and of George Bush: The Unauthorized Biography, which Progressive Press is also reprinting. Here is what independent journalist Judy Andreas had to say about Webster Tarpley's presentation at the 9/11 Truth conference in NYC : An Evening In Pursuit Of The Truth. Words cannot express what an inspiring, exciting event I attended on September 11, 2004 in New York City... Webster Tarpley gave a superb talk. Mr. Tarpley has a book that will be released in October called 9/11 Synthetic Terrorism Myth of the Twenty-first Century. This book explores the terrorist attacks of September 11, 2001 as an example of state-sponsored, false-flag terrorism, carried out by a rogue network within the US government - a rogue network which is the current form of the invisible government behind the Iran-contra scandal of 1986-88. Because of the constraints of time, Mr. Tarpley could only touch briefly on the roles of patsies, moles, expert professionals, the controlled corporate media and a privatized command center, as he showed how the empirical evidence around 9/11 made sense. Tarpley demonstrated that the official accounts of the Pentagon crash, the fall of the Twin Towers, the fall of WTC 7, and the crash of United 93 in Shanksville are physically impossible, and the idea that "four misfit hijackers" could pilot commercial jets is beyond the bounds of physical and technical reality.
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Webster Tarpley
Down the Rabbit Hole Lucas
Aurora and Doctor Whodini's special guest is the webmaster of The Rabbit Hole, Lucus.
Lucus put together a website dedicated to the return of the "Destroyer" or better known as Planet X. He also lectures and produced an interesting series of videos detailing Planet X.
The evidence is everywhere about Planet X in the ancient past!
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Down the Rabbit Hole Lucas
Richard Dolan on ET Disclosure Sep 19th 2010
After Disclosure
During the first hour, historian Richard Dolan talked about his impending book, co-authored with Bryce Zabel, titled AD After Disclosure. He noted that the book was inspired by the fact that disclosure is often discussed in the UFO community, but few researchers ever go beyond that idea to contemplate "what happens next." Dolan was optimistic about the forecast for humanity in the event that UFO truth is revealed, but cautioned that a lot will depend on what we learn about the ETs. While he was adamant that UFO disclosure is an inevitability, Dolan was skeptical of the idea of a long-range conditioning process. On the contrary, he said, "what I see is that they have no plan to prepare us for contact."
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ET Disclosure,
Richard Dolan
How to rob a bank legally by Robert Kiyosaki
Rich dad's Conspiracy of The Rich
Labels:
How to rob a bank legally
Jim Marrs on Jeff Rense 23 Sept 2010
Jim Marrs is an award-winning journalist and has over 30 years experience with several Texas newspapers. In 1999, he began teaching a course on UFOs, perhaps one of the first university level UFO courses in the nation. Jim also investigated the U.S. Army's remote viewing program three years before it was publicly acknowledged by the CIA and then produced "Alien Agenda." In addition, his book, "Rule by Secrecy," has been termed an "underground best-seller".
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Jeff Rense,
Jim Marrs
Gold and Silver will take off from now on
Bob Chapman's Friday Economic Report: Failures In Money Control Becoming More Obvious
Bob Chapman : get out of the stock market in general except gold and silver shares , the bond market is in a bubble that will eventually burst....
Bob Chapman wrote on the last International forecaster issue :"As usual the Fed was late in applying remedial therapy and that will prove costly. The funding of US debt by foreigners has become very costly and some are jumping ship and some are even using their dollars to buy gold. The game is changing, but will other countries risk a worldwide collapse by not rescuing the US economy? We don't know but it doesn't look promising. Monetization is coming and most nations are frozen in the headlights. Washington and NYC have applied pressure over and over again, but their arrogance has not gone unnoticed. There is a pretense of control as unemployment climbs and stability comes more into question. Headlining unemployment, U3, at 9-3/4% is dumb, when anyone with any sense can see U6 and the bogus birth/death ratio. Yes, unemployment is 21-5/8% and for those who want to see the truth it is visible worldwide. Real estate continues to descend, as the consumer reduces debt and consumption. "
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Gold and Silver
Investing in Gold & Silver
Sept. 24 2010 | Investing in gold & silver, with Kevin Kerr, Kerr Trading International.
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Investing in Gold and Silver
Investing in Gold & Silver
Sept. 24 2010 | Investing in gold & silver, with Kevin Kerr, Kerr Trading International.
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Investing in Gold and Silver
Friday, September 24, 2010
The Coming Middle east war
Join us as we welcome Matt Bluff from Rapute ready radio to the Prophecy Zone as we talk about Russia from the book of Ezekiel 38 and 39. Psalm 83 and Isa 17 will also be a topic.
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Middle east war
Any Hope for Housing Recovery?
Sept. 24 2010 | Is the American Dream turning into a complete nightmare? Insight with Brian Wesbury, First Trust Advisors; Shari Olefson, Fowler, White & Boggs and CNBC's Diana Olick.
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Housing Recovery
Big Bull Market in Gold - Peter Schiff gold is still Cheap
Peter Schiff gold is still Cheap
Sept. 24 2010 | Debating how high this metal can run, with Michael Cuggino, Permanent Portfolio Funds; Jim LaCamp, Macro Portfolio Advisors and Peter Schiff, Euro Pacific Capital.
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Peter Schiff
Coast to Coast AM - Behind Conspiracy Theories
Guests: | David Aaronovitch, Richard Dolan |
Aaronovitch detailed a number of problematic attributes which he feels "attach themselves" to conspiracy theories and those who subscribe to them:
- Conspiracy theories do not allow for accident, incompetence, or coincidence.
- The official version of events "almost always, at its heart" has anomalies that cannot be reconciled.
- Scholars, usually with exaggerated credentials, are named as proponents of the theory.
- The theory is anti-elite and, thus, the theorist becomes "kind of a minuteman" warning the populace about the "powers that be."
Aaronovich also looked at a number of suspect issues surrounding a variety of conspiracy theories. With regards to the Moon Landing hoax, he observed that to complete such a fabrication would require far more manpower than the actual lunar landing itself. In addition to that, he pointed out that lunar conspiracy theorists often focus solely on the Apollo 11 landing and ignore the many other trips made to the moon. Regarding 9/11, Aaronovich conceded that the official version of events is also a conspiracy theory, but that its very simplicity is what makes this theory much more plausible than a grand overarching plan by nefarious forces inside the US government. To that end, he noted that if the government was truly clever enough to "organize conspiracies," then they would have planted WMDs in Iraq rather than invade the country and find none. "It would have been a much simpler thing to do," he mused, "and yet they didn't."
source : Coast to Coast AM >>>
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Behind Conspiracy Theories
Stocks Soar as Closing Bell Nears
FBN's Robert Gray breaks down the market moves as the session nears its end.
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Stocks Soar
Bob Chapman - Political and Spiritual Roots of the Economy 20 Sept 2010
Bob Chapman on Radio Liberty
Bob Chapman wrote in The International Forecaster of the 22nd September 2010 : "As quantitative easing again gets underway the failure of QE1 becomes more obvious. The crisis worsens and the illusion of any recovery is light years away. Over the past three years almost $13 trillion that we know about has been thrown down a rat hole to bail out banking, Wall Street, insurance and selected elitist entities. The dollar figure is probably much higher. We will never know, because the privately owned Federal Reserve makes its own rules. Everything they do is a state secret. The five successful quarters were only a mirage. The funds have been vaporized among lending and financial institutions worldwide. There has been no accounting and there never will be as long as the Fed is not audited and investigated. We are in an inflationary depression and have been since February 2009. Massive injections of liquidity do not work, nor have they worked for centuries under these conditions. You cannot resurrect an insolvent country in a system that is corrupt. The controllers of the US economy are about to lead the American economy and financial structure into a great dark pit. The US and the world is soon to face a global breakdown deliberately engineered by the forces of darkness. "
Labels:
Radio Liberty
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