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Thursday, May 24, 2012

5/24/2012 - Eurobonds: The Issue That Could Shatter Europe

Eurobonds: The Issue That Could Shatter Europe

Would you pool your debt with a bunch of debt addicts that have no intention of reducing their wild spending habits?  Of course you wouldn't.  But that is exactly what Germany is being asked to do.  Increasingly, "eurobonds" are being touted as the best long-term solution to the financial crisis in Europe.  These eurobonds would represent jointly issued debt by all 17 members of the eurozone.  This debt would also be guaranteed by all 17 members of the eurozone.  This would allow all countries in the eurozone to enjoy the same credit rating that Germany does, and borrowing costs for nations such as Greece, Portugal, Italy and Spain would plummet.  But borrowing costs for Germany would rise substantially.  In fact, it is being estimated that Germany could be facing an extra 50 billion euros a year in interest expenses.  So over ten years that would come to about 500 billion euros.  Needless to say, Germany is not thrilled about this idea.  But new French President Francois Hollande is pushing eurobonds very hard, and he has the support of the OECD, the IMF and many top Italian politicians.  In the end, this could be the key to the future of the eurozone.  If the Germans give in and decide that they are willing to deeply subsidize their profligate neighbors indefinitely, then the euro could potentially be saved.  If not, then this issue could end up shattering Europe.

It is easy to try to portray the Germans as the "bad guys" in all this, but try to step into their shoes for a minute.

If you had some relatives that were spending wildly and that had already run up $100,000 in credit card debt, would you be a co-signer on their next credit card application?
Of course not.

The recent elections in France and Greece made it abundantly clear that the populations of those two countries are rejecting austerity.

Instead, they want a return to the debt-fueled prosperity that they have always enjoyed in the past.
Unfortunately, they need German help to be able to do that.
That is why new French President Francois Hollande is pushing so hard for eurobonds.  He wants the rest of the eurozone to be able to "piggyback" on Germany's sterling credit rating so that everyone can return to the days of wild borrowing and spending.

But Germans greatly fear what a co-mingling of eurozone debt could eventually mean.  Not only would Germany's borrowing costs rise dramatically, but there is also a concern that the rest of the eurozone could eventually pull Germany down with them.

Austria, Finland and the Netherlands are also against eurobonds, but the key is Germany.
For now, Germany is not budging on the issue of eurobonds at all.  The following is a statement that German Chancellor Angela Merkel made during a recent speech in Berlin....
"It’s just about not spending more than you collect. It’s astonishing that this simple fact leads to such debates"
And she is right.

Why is it so controversial to insist that people not spend more than they bring in?
But this is the problem that is created when you create a false lifestyle fueled by debt that goes on for decades.  People become accustomed to that false standard of living and they throw hissy fits when that false standard of living begins to disappear.

The Germans don't want to make great sacrifices just so the Greeks, the French and the Italians can go back to borrowing and spending wildly.

Why would the Germans want to do that?

And as a recent CNN article noted, German politicians believe that eurobonds are explicitly banned under existing EU treaties anyway....
"There is no way of introducing them under the current [EU] treaties. Indeed, there is an explicit ban on them," one senior German official said, adding Berlin would not drop its opposition in the foreseeable future. "That's a firm conviction which will not change in June."
But politicians such as Hollande are complaining that austerity could seriously damage living standards throughout Europe.

And Hollande is right about that.
When you inflate your standard of living with borrowed money for many years, eventually there comes a time when you must pay a great price.

Anyone that has ever been in trouble with credit card debt knows how painful that can be.
It is shameful for the rest of Europe to be pleading and begging Germany to help them.
They should take care of themselves.

As I wrote about the other day, Greece would be much better off in the long run if it left the euro and created a new financial system based on sound financial principles.

But in the financial press all over the world there are calls for someone to come up with a "plan" to "rescue" Europe.  For example, the following is from a recent Wall Street Journal article....
There have been two main responses to the crisis: austerity, and kicking cans down roads. Austerity, in case you haven’t noticed, is so last year. It’s out. Which means that unless something else is found, some other comprehensive plan, the other main response, can kicking, is going to run out of road.
Just about everybody backed the idea of eurobonds, except for the Germans, and since they’re the ones with all the money, they’re kind of the only ones whose vote counts anyway. So, it’s time to go to plan B. Only there’s no Plan B, and there’s no time, either.
If Germany does not agree to subsidize the rest of the eurozone, will that ultimately mean that the eurozone will be forced to break up?

Probably.
And that would cause a huge amount of pain in the short-term.
But the euro never was a good idea in the first place.  It was foolish to expect a monetary union to work smoothly in the absence of fiscal and political union.
And to be honest, the entire world would be a better place with less European integration.  The EU has become a horrifying bureaucratic nightmare and it would be wonderful if the entire thing broke up.
But for now, the only thing that is in danger is the euro.

Increasingly, it is looking like Greece may be the first country to exit the euro.
This week, former Greek Prime Minister Lucas Papademos admitted that the Greek government is considering making preparations for Greece to leave the euro.

Not only that, Reuters is reporting that top officials in the eurozone are now working on "contingency plans" for a Greek exit from the euro....
Each euro zone country will have to prepare a contingency plan for the eventuality of Greece leaving the single currency, euro zone sources said on Wednesday.
Officials reached the consensus on Monday afternoon during an hour-long teleconference of the Eurogroup Working Group (EWG).
As well as confirmation from three euro zone officials, Reuters has seen a memo drawn up by one member state detailing some of the elements that euro zone countries should consider.
So obviously a Greek exit from the euro has become a very real possibility.
A recent Bloomberg article detailed how a Greek exit from the euro could play out during the 46 hours that global financial markets are closed over the weekend....
Greece may have only a 46-hour window of opportunity should it need to plot a route out of the euro.
That’s how much time the country’s leaders would probably have to enact any departure from the single currency while global markets are largely closed, from the end of trading in New York on a Friday to Monday’s market opening in Wellington, New Zealand, based on a synthesis of euro-exit scenarios from 21 economists, analysts and academics.
Over the two days, leaders would have to calm civil unrest while managing a potential sovereign default, planning a new currency, recapitalizing the banks, stemming the outflow of capital and seeking a way to pay bills once the bailout lifeline is cut. The risk is that the task would overwhelm any new government in a country that has had to be rescued twice since 2010 because it couldn’t manage its public finances.
Right now, nobody is quite sure what is going to happen next and panic is spreading throughout the European financial system.
At this point, everyone is afraid of what is going to happen if Greece is forced to start issuing drachmas again.  As CNBC is reporting, some big European corporations are already beginning to implement their own "contingency plans"....
Big tourism operators like TUI of Germany and Kuoni of Britain are demanding the addition of so-called drachma clauses to contracts with Greek hoteliers should the euro no longer be in use here. British newspapers are filled with advice columns for travelers worried about the wisdom of planning a vacation in Greece, or even Portugal and Spain, should the euro crisis worsen. Large multinational companies like Vodafone Group, Reckitt Benckiser and Diageo have taken to sweeping cash every day from euro accounts back to Britain to limit their exposure.
Sadly, this is probably only a small taste of the financial anarchy that is coming.
France is likely to keep pushing hard for the creation of eurobonds.
Germany is likely to keep fiercely resisting this.
At some point, a moment of crisis will arrive and a call will have to be made.
Will Germany give in or will political turmoil end up shattering Europe?
It will be interesting to see how all of this plays out.

 http://theeconomiccollapseblog.com/archives/eurobonds-the-issue-that-could-shatter-europe

Wednesday, May 23, 2012

Destruction of America (Full length movie)



Published on May 10, 2012 by
false flag destruction of U S New World Order is here and nothing will stop what's coming. Hidden images on U S currency reveal Satanic Plans for the destruction of America

Friday, May 18, 2012

5/18/2012 - We Are Watching The Greek Banking System Die Right In Front Of Our Eyes

Michael Snyder
The Economic Collapse

Money is being pulled out of Greek banks at an alarming rate, and if something dramatic is not done quickly Greek banks are going to start dropping like flies.  As I detailed yesterday, people do not want to be stuck with euros in Greek banks when Greece leaves the euro and converts back to the drachma.  The fear is that all existing euros in Greek banks would be converted over to drachmas which would then rapidly lose value after the transition.  So right now euros are being pulled out of Greek banks at a staggering pace.  According to MSNBC, Greeks withdrew $894 million from Greek banks on Monday alone and a similar amount was withdrawn on Tuesday.  But this is just an acceleration of a trend that has been going on for a couple of years.  It has been reported that approximately a third of all Greek bank deposits were withdrawn between January 2010 and March 2012.  So where has all of the cash for these withdrawals been coming from?  Well, the European Central Bank has been providing liquidity for Greek banks, but on Tuesday it was reported that the ECB is going to stop providing liquidity to some Greek banks.  It was not announced which Greek banks are being cut off.  For now, the Greek Central Bank will continue to provide euros to those banks, but the Greek Central Bank will not be able to funnel euros into insolvent banks indefinitely.
This is a major move by the European Central Bank, and it is going to shake confidence in the Greek banking system even more.
There are already rumors that the Greek government is considering placing limits on bank withdrawals, and many Greeks will be tempted to go grab their money while they still can.
Once strict currency controls are put in place, the population is likely to respond very angrily.  If people can’t get their money there is no telling what they might do.
We are reaching a critical moment.  Many fear that a full-blown “bank panic” could happen at any time.  The following is from a recent Forbes article….
The pressing problem isn’t a splintered legislature that may balk at delivering the reforms that the IMF and European Community are demanding in exchange for the next tranche of bailout money. It’s a disastrous, old-fashioned run-on-the bank. “For a year, Greeks have been sending their savings from Greek banks to foreign banks,” says Robert Aliber, retired professor of international economics from the University of Chicago. “Now, the flood has reached a crescendo.” Indeed on Monday alone, outflows from the Greek banks reached almost $900 million.
These banks would have collapsed already if not for the support of the European Central Bank and the Greek Central Bank.  This was described in a recent blog post by Paul Krugman of the New York Times….
But where are the euros coming from? Basically, banks are borrowing them from the Greek central bank, which in turn must borrow them from the European Central Bank. The question then becomes how far the ECB is willing to go here; is it willing, in effect, to lend enough money to buy up the entire balance sheet of the Greek banking sector, given the likelihood that this sector will be left insolvent by Greek default?
Yet if the ECB says no more, Greek banks stop operating — and it’s hard to see how they can be restored to operation except by ditching the euro and using something else.
That is why the announcement on Tuesday was so dramatic.  The ECB is starting to pull back and that is a very bad sign for the Greek banking system.
For the moment, the Greek Central Bank is continuing to support the Greek banks that the European Central Bank is no longer providing liquidity for.  A Reuters article explained how this works….
The ECB only conducts its refinancing operations with solvent banks. Banks which fail to meet strict ECB rules but are deemed solvent by the national central bank (NCB) concerned can nonetheless go to their NCB for emergency liquidity assistance (ELA).
But this emergency liquidity assistance is not intended to be a long-term solution as a recent Wall Street Journal articlenoted….
The ECB’s emergency-lending facility isn’t intended as a long-term fix. National central banks must get approval each month that they want to let their banks access the facility from the ECB’s governing council, which can veto use of the program.
If Greece installs an antibailout government that reneges on its austerity promises, it would almost certainly be cut off from ECB funding.
The truth is that we are heading for a financial tragedy in Greece.  If the flow of money out of Greek banks intensifies, the Greek banking system might not even be able to make it to the next election in June.  This point was underscored in an article that was published on Tuesday that was authored by renowned financial journalist Ambrose Evans-Pritchard….
Steen Jakobsen from Danske Bank said outflows are becoming unstoppable, not helped by open talk in EU circles of `technical’ plans for Greek withdrawal.
“This has a self-fulfilling prophecy built into it and I don’t think we can get to June. The fuse is burning and the only two options now are a controlled explosion where Germany steps in to ensure an orderly exit, or an uncontrolled explosion,” he said.
So what should we expect to see next?
Well, James Carney of CNBC says that he believes that it is inevitable that Greece is going to have to implement currency controls in order to slow the bleeding….
It looks increasingly likely that Greece will have to implement controls to prevent capital flight and a banking collapse. To my mind, the only real question is when this will occur.
The widespread talk about Greece possibly leaving the euro zone is likely to trigger withdrawal of bank deposits and other financial assets, by those who fear they might be redenominated into a drachma that would be worth far less than the euro.
The Greek government may soon announce a limit on the amount of money that can be withdrawn on a single day.
The Greek government may also soon announce a limit on the amount of money that can be moved out of the country.
Those would be dramatic steps to take, but if nothing is done we are likely to watch the Greek banking system die right in front of our eyes.
Greek exit from the euro seems more likely with each passing day.  Such an exit would have a devastating impact on the Greek economy, but it would also dramatically affect the rest of the globe as well.  The following is from a recent articleby Louise Armitstead….
The Institute of International Finance has estimated that the global cost of a Greek exit could hit €1trillion. When Argentina defaulted in 2001, foreign debtors lost around 70pc of their investments.
That is a big hit for such a little country.
So what would it cost the globe if Spain or Italy left the eurozone?
That is something to think about.
Meanwhile, the United States continues to steamroll down the same road that Greece has gone.  According to the Republican Senate Budget Committee, the U.S. government is currently spending more money per person than Greece, Portugal, Italy or Spain does.
We are spending ourselves into oblivion, and we are heading for a national financial disaster.
Unfortunately, most Americans are totally oblivious to all of this.
Instead of getting educated about the horrific financial crisis heading our way, most Americans would rather read about why Jennifer Lopez is leaving American Idol.
But those that are listening to the warnings will be prepared when the storm hits.
Things in Europe look really, really bad.
You better get prepared while you still can.

5/18/2012 - Video: Armed MQ-1 Predator drone quietly flying at low altitude over Elgin, Illinois

Source: The Aviationist


Filmed in Elgin, Illinois about 40 miles from Chicago, the following video (uploaded to Youtube on May 13) shows what seems to be an MQ-1 Predator drone. Armed with AGM-114 Hellfire air-to-surface missiles.



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5/18/2012 - Security Services to Block Cell Phone Towers Ahead of NATO summit

Source: RT.com

Reports suggest local law enforcement agencies are considering shutting down cell phone services in the city over the weekend and while it will most likely be very effective, many are questioning if the move is legitimate.
The Daily Beast reports that the FBI and Secret Service have standing authority to jam signals and they can also push for the shutdown of cell towers, thanks to “Standard Operating Procedure (SOP) 303,” which lays out the nation’s official “Emergency Wireless Protocols.”
According to the National Communications System, the protocol details a “shutdown and restoration process for use by commercial and private wireless networks during national crises.” It was created after the London bombings in 2005, when federal security services shut off cellular networks in New York’s tunnel, fearing a similar attack. Since then, cell phone jammers have been used in situations like President Obama’s inauguration, with the Secret Service claiming there was a bomb threat, as well as a number of other cases.

Read full article

5/18/2012 - Prime Minister Medvedev Repeats Warning of Thermonuclear War: Obama Must Be Removed From Office Now!



FOR IMMEDIATE MASS DISTRIBUTION
On the eve of his trip to the United States, where he will meet with President Barack Obama, Russian Prime Minister Dmitri Medvedev delivered an unequivocal message to Obama and his NATO cohorts, who are threatening to intervene with regime-change operations in Syria, Iran, and elsewhere: Such actions can lead to "full-scale wars, even with nuclear weapons."
Medvedev's warning, delivered at an International Legal Forum in St. Petersburg, comes in the wake of similar warnings issued May 3 by Russian Chief of Staff Nikolai Makarov, that the U.S.-NATO policy of Ballistic Missile Defense in Europe could lead to a Russian pre-emptive strike, and by Medvedev himself last November.
The Russians are making it clear: attacks on national sovereignty will not be tolerated. Yet President Barack Obama, operating under the thumb of the British imperial strategy to crush all national sovereignty, has stuck to his provocative policy, pressing forward against Syria, Iran, and Russia itself. Thus, unless Barack Obama is removed from office, by Constitutional means, the world is headed toward thermonuclear war.
No, the Russians are not bluffing; they are deadly serious. The question is: are we? Can we face the reality that the exchange of nuclear weapons will likely exterminate all life on this planet? Can we fail to act when not only our family and posterity, but all civilization can be wiped from the face of the earth, because we tolerated a President who took his orders from Malthusian lunatics like Prince Philip and the Queen of England?
British puppet Obama has already provided ample cause for his removal by virtue of Section 4 of the 25th Amendment, or impeachment, through multiple violations of the Constitution. Every day he is in office, the situation worsens. But with the British Empire facing financial implosion, and going for end-game confrontation with Russia and China, Obama is now being pushed toward actions which will provoke thermonuclear war. The United States, and the world as a whole, stand in the clear and present danger of extinction, unless Obama is removed.
- Medvedev's Warning -
With U.S. Attorney General Eric Holder sitting behind him, Prime Minister Medvedev stated Russia's principled position:
"I would like to emphasise that we need to act in unison against such modern global challenges as the proliferation of weapons of mass destruction, international terrorism, organised transnational crime, drug trafficking, and the threat of natural and man-made disasters. We can achieve this only through the collective efforts of states based on undeviating respect for the supremacy of law. ...
"Particularly dangerous, in my view, are unilateral actions made in violation of the fundamental principles of the Charter of the United Nations, which is the main venue where the international community brings it problems. In fact, this is the only venue we have, even though some may not like it. But it truly is the only venue. And we understand that the UN Charter calls for respecting the supreme power of law and the sovereignty of states.
"One more thing that I believe is important, considering my experience in politics, is the concept of state sovereignty. It should not be undermined even if for the sake of achieving some immediate political gain, including an election to a particular post. Such attempts threaten global order. There have been many recent examples of the concept of state sovereignty being undermined. Military operations against foreign states bypassing the United Nations; declarations of illegitimacy of certain political regimes on behalf of foreign states rather than the people of the country involved and imposing various collective sanctions, again bypassing international institutions, are some of them. This does not improve the situation in the world, while rash military interference in the affairs of another state usually results in radicals coming to power. Such actions, which undermine state sovereignty, can easily lead to full-scale regional wars even—I am not trying to scare anyone here—with the use of nuclear weapons. Everybody should remember this especially when we analyse the concept of state sovereignty." (Emph. added)
Thus, when Obama threatens to repeat his unconstitutional Libya operation, this time against Syria, he is triggering not only a disastrous regional war, but a direct confrontation with the world's second greatest nuclear power, Russia. He ignores Russia's offers of cooperation, and presses on, toward death.
Some in Congress have stepped forward to try to stop Obama's insanity. Specifically, Rep. Walter Jones's HCR 107 declares that any president who launches war without Congressional approval would be immediately subject to impeachment. That's a first step, but unfortunately woefully few have had the guts to join him. Now Sen. Jim Webb in the Senate has put forward S. 3619, to try to stop a preemptive illegal war. So far, he too stands virtually alone.
There can no longer be any ambiguity as to what the consequences of allowing Obama to remain in office will be. Act now to politically remove Obama from office, or you will be culpable for an impending thermonuclear destruction of the planet. As of now, that destruction can be stopped. But only if you act.
Contact LPAC immediately at www.larouchepac.com or 800-929-7566 and join to oust Obama, and build a real future for mankind.

Tuesday, May 15, 2012

5/15/2012 - THE PHARMACEUTICAL INDUSTRIAL COMPLEX

By Susanne Posel
Occupy Corporatism

The US government will assist the pharmaceutical corporations in finding prescription drugs to treat new diseases.

The focus of this collaboration will identify new uses for drugs that have already been approved by the Food and Drug Administration (FDA). There may be need for new human trials, putting the general public at a health risk. Engaging in experimental trials to classify specific compounds to be utilized for unintended purposes is highly dangerous.

Genetic engineering has led researchers to discover over 4,500 diseases that need pharmaceutical drugs to combat.
'We need to speed the pace at which we are turning discoveries into better health outcomes,' said Dr. Francis Collins, of the National Institutes of Health (NIH). 'NIH looks forward to working with our partners in industry and academia to tackle an urgent need that is beyond the scope of any one organization or sector.'
The National Institutes of Health (NIH) will begin working with Pfizer Inc, AstraZeneca Plc and Eli Lilly and Co. in agreements to create compounds to be made available for trial use in a planned project.
'Americans are eagerly awaiting the next generation of cures and treatments to help them live longer and healthier lives,' Health and Human Services Secretary Kathleen Sebelius said in a statement. 'To accelerate our nation’s therapeutic development process, it is essential that we forge strong, innovative, and strategic partnerships across government, academia, and industry.'
The pharmaceutical corporations are able to manipulate the FDA because the regulatory agency does not conduct independent studies on trial results. They simply accept the findings of the drug companies on their own trials.

Currently, the vitamin industries, by order of the Codex Alimentarius (CA) are being attacked by the US government to justify the force outlawing of natural medicine use.

The CA is a creation of the World Health Organization (WHO) and the Food and Agriculture Organization of the United Nations. The CA seeks to enforce international standards and codes on nations in a securitization of the world’s food supply.

By controlling the means of food production, transportation and distribution, the CA will ensure the standards set forth by the UN are the basis for all national legislation.

Obama signed Executive Order (EO), Establishing the National Prevention, Health Promotion and Public Health Council in 2010.

Through this EO, Obama empowered the CA to enact the UN’s plan for worldwide food standards.

The National Prevention, Health Promotion, and Public Health Council was created to assist Obama in destroying the alternative health industry.

Congress fought the use of CA policy as the foundation for an attempt by the federal government to remove the American public’s ability to purchase vitamin supplements by deeming those remedies as “unscientific”. Since the FDA have consistently claimed that these alternatives have no medicinal value and decried their daily use a danger to a healthy lifestyle, social stigmas have served to aid Obama in declaring them useless. Obama suggests that their potency be changed to ultra-low levels in compound mixtures.

While the Obama administration seeks to wipe out the natural medicine industry, the US government is pouring money and resources into the genetic engineering of pharmaceuticals to combat disease.

When natural remedies are completely outlawed, the general public will be forced to take drugs rather than heal through diet and vitamins.

The medical agenda is clear.

The relationship between the US government and the drug corporations created by Obama has laid the foundation for medical tyranny.

5/15/2012 - Greece is screwed, there are no jobs and it has been run by crooks

Source: Reuters
 
Worsening financial and political turmoil in southern Europe caused a surge of interest in London property last month with buyers from Greece and Spain showing strongly among investors seeking a safe haven for their money.
The number of Greeks searching for homes costing more than 1.5 million pounds ($2.4 million) on the website of property agent Savills jumped 39 percent in April compared with the average of the preceding six months, the company said.
“The reason Greeks are coming is very simple,” said Dinos Joannou, a 65-year-old Cypriot who works in the Athenian Grocery in the Bayswater district of London and has seen growing numbers arrive this year. “Greece is screwed, there are no jobs and it has been run by crooks.”
The number of Europeans buying property in London has grown steadily over the last year as the euro zone debt crisis has worsened but numbers spiked ahead of elections in Greece last weekend that failed to produce a government.
George Kastaros, 37, dresses as a traditional Greek soldier handing out leaflets for the Kalamaras restaurant on Queensway in Bayswater, an area popular among Greeks and home to the St Sofia’s Greek Orthodox cathedral.
The Athenian moved to London before the crisis began in 2007 and said the number of Greeks arriving jumped after Christmas.
“Dressed like this, Greek people who have just got off the plane come up to me with their suitcases and ask where they can find a place to live or a job. I was stopped by more than 100 people in January.”
The chef at Kalamaras arrived five months ago with his son and daughter, who are a doctor and teacher, he said. “These are well-educated people who cannot find jobs in Greece.”
“What we’re seeing is another stage in the euro zone crisis gathering pace,” said Liam Bailey, head of residential research at property agent Knight Frank. “It’s ironic that the more instability you get in the euro zone the more the London property market benefits.”

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5/15/2012 - Why A Greek Exit From The Euro Would Mean The End Of The Eurozone

Why A Greek Exit From The Euro Would Mean The End Of The Eurozone

What was considered unthinkable a few months ago has now become probable.  All over the globe there are headlines proclaiming that a Greek exit from the euro is now a real possibility.  In fact, some of those headlines make it sound like it is practically inevitable.  For example, Der Spiegel ran a front page story the other day with the following startling headline: "Acropolis, Adieu! Why Greece must leave the euro".  Many are saying that the euro will be stronger without Greece.  They are saying things such as "a chain is only as strong as its weakest link" and they are claiming that financial markets are now far more prepared for a "Grexit" than they would have been two years ago.  But the truth is that it really is naive to think that a Greek exit from the euro can be "managed" and that business will go on as usual afterwards.  If Greece leaves the euro it will set a very dangerous precedent.  The moment Greece exits the euro, investors all over the globe will be asking the following question: "Who is next?"  Portugal, Italy and Spain would all see bond yields soar and they would all likely experience runs on their banks.  It would only be a matter of time before more eurozone members would leave.  In the end, the whole monetary union experiment would crumble.
As I have written about previously, New York Times economist Paul Krugman is wrong about a whole lot of things, but in a blog post the other day he absolutely nailed what is likely to soon unfold in Greece....
1. Greek euro exit, very possibly next month.
2. Huge withdrawals from Spanish and Italian banks, as depositors try to move their money to Germany.
3a. Maybe, just possibly, de facto controls, with banks forbidden to transfer deposits out of country and limits on cash withdrawals.
3b. Alternatively, or maybe in tandem, huge draws on ECB credit to keep the banks from collapsing.
4a. Germany has a choice. Accept huge indirect public claims on Italy and Spain, plus a drastic revision of strategy — basically, to give Spain in particular any hope you need both guarantees on its debt to hold borrowing costs down and a higher eurozone inflation target to make relative price adjustment possible; or:
4b. End of the euro.
By itself, Greece cannot crash the eurozone.  But the precedent that Greece is about to set could set forth a chain of events that may very well bring about the end of the eurozone.
If one country is allowed to leave the euro, that means that other countries will be allowed to leave the euro as well.  This is the kind of uncertainty that drives financial markets crazy.
When the euro was initially created, monetary union was intended to be irreversible.  There are no provisions for what happens if a member nation wants to leave the euro.  It simply was not even conceived of at the time.
So we are really moving into uncharted territory.  A recent Bloomberg article attempted to set forth some of the things that might happen if a Greek exit from the euro becomes a reality....
A Greek departure from the euro could trigger a default-inducing surge in bond yields, capital flight that might spread to other indebted states and a resultant series of bank runs. Although Greece accounts for 2 percent of the euro-area’s economic output, its exit would fragment a system of monetary union designed to be irreversible and might cause investors to raise the threat of withdrawal by other states.
In fact, yields on Spanish debt and Italian debt are already rising rapidly thanks to the bad news out of Greece in recent days.
What makes things worse is that a new government has still not formed in Greece.  It looks like new elections may have to be held in June.
Meanwhile, the Greek government is rapidly running out of money.  The following is from a Bank of America report that was released a few days ago....
"If no government is in place before June when the next installment (of loan money) from the European Union and International Monetary Fund is due, we estimate that Greece will run out of money sometime between the end of June and beginning of July, at which point a return to the drachma would seem inevitable"
In the recent Greek elections, parties that opposed the bailout agreements picked up huge gains.  And opinion polls suggest that they will make even larger gains if another round of elections is held.
The Coalition of the Radical Left, also known as Syriza, surprised everyone by coming in second in the recent elections.  Current polling shows that Syriza is likely to come in first if new elections are held.
The leader of Syriza, Alexis Tsipras, is passionately against the bailout agreements.  He says that Greece can reject austerity because the rest of Europe will never kick Greece out of the eurozone.  Tsipras believes that the rest of Europe must bail out Greece because the consequences of allowing Greece to go bankrupt and fall out of the eurozone would be far too high for the rest of Europe.
A spokesman for Syriza, Yiannis Bournos, recently told the Telegraph the following....
"Mr Schaeuble [Germany's finance minister] is pretending to be the fearless cowboy on the radio, saying the euro is secure [against a Greek exit]. But there's no way they will kick us out"
So Greece and Germany are playing a game of chicken.
Who will blink first?
Will either of them blink first?
Syriza is trying to convince the Greek people that they can reject austerity and stay in the euro.  Syriza insists that the rest of Europe will provide the money that they need to pay their bills.
And most Greeks do actually want to stay in the euro.  One recent poll found that 78.1 percent of all Greeks want Greece to remain in the eurozone.
But a majority of Greeks also do not want anymore austerity.
Unfortunately, it is not realistic for them to assume that they can have their cake and eat it too.  If Greece does not continue to move toward a balanced budget, they will lose their aid money.
And if Greece loses that aid money, the consequences will be dramatic.
Outgoing deputy prime minister of Greece Theodoros Pangalos recently had the following to say about what would happen if Greece doesn't get the bailout money that it needs....
"We will be in wild bankruptcy, out-of-control bankruptcy. The state will not be able to pay salaries and pensions. This is not recognised by the citizens. We have got until June before we run out of money."
If Greece gets cut off and runs out of money, it will almost certainly be forced to go back to using the drachma.  If that happens there will likely be a "bank holiday", the borders will be secured to limit capital flight and new currency will be rapidly printed up.  It would be a giant mess.
In fact, there are rumblings that the European financial system is already making preparations for all this.  For example, a recent Reuters article had the following shock headline: "Banks prepare for the return of the drachma"
But a new drachma would almost certainly crash in value almost immediately as a recent article in the Telegraph described....
Most economists think that a new, free-floating drachma would immediately crash by up to 50 percent against the euro and other currencies, effectively halving the value of everyone's savings and spelling catastrophe for those on fixed incomes, like pensioners.
A Greek economy that is already experiencing a depression would get even worse.  The Greek economy has contracted by 8.5 percent over the past 12 months and the unemployment rate in Greece is up to 21.8 percent.  It is hard to imagine what Greece is going to look like if things continue to fall apart.
But the consequences for the rest of Europe (and for the rest of the globe) would be dramatic as well.  A Greek exit from the euro could be the next "Lehman Brothers moment" and could plunge the entire global financial system into another major crisis.
Unfortunately, at this point it is hard to imagine a scenario in which the eventual break up of the euro can be avoided.
Germany would have to become willing to bail out the rest of the eurozone indefinitely, and that simply is not going to happen.
So there is a lot of pessimism in the financial world right now.  Nobody is quite sure what is going to happen next and the number of short positions is steadily rising as a recent CNN article detailed....
After staying quiet at the start of the year, the bears have come roaring back with a vengeance.
Short interest -- a bet on stocks turning lower -- topped 13 billion shares on the New York Stock Exchange at the end of last month. That's up 4% from March and marks the highest level of the year.
If the eurozone is going to survive, Greece must stay a part of it.
Instead of removing the weakest link from the chain, the reality is that a Greek exit from the euro would end up shattering the chain.
Confidence is a funny thing.  It can take decades to build but it can be lost in a single moment.
If Greece leaves the euro, investor confidence in the eurozone will be permanently damaged.  And when investors get spooked they don't behave rationally.
A common currency in Europe is not dead by any means, but this current manifestation is now operating on borrowed time.
As the eurozone crumbles, it is likely that Germany will simply pull the plug at some point and decide to start over.
So what do you think?


Monday, May 14, 2012

5/14/2012 - If You Live In California Things Just Got A Whole Lot Worse

Why does the state of California seem to be so incredibly hopeless? 

These days California can't seem to do anything right, and if you live in California things just got a whole lot worse.  Governor Brown has announced that the state budget deficit for this year is going to be much larger than projected, that more government services are going to be cut and that voters are going to vote on another round of tax increases in November.

 Meanwhile, unemployment is sitting at 11 percent and extended federal unemployment benefits for workers in the state are ending.  Because California is one of the worst places in the nation to conduct business, there has been a steady flow of companies leaving the state.  Those companies have taken a whole lot of good jobs with them.  Due to the lack of jobs and a steady stream of impoverished immigrants coming in from Mexico and other countries, poverty in the state has exploded and crime is rapidly increasing.  California may be the land of "endless sunshine", but for the California economy there are only dark clouds on the horizon.  The state is coming apart at the seams and there is not much hope that things are going to turn around any time soon.

These days, California is very similar to Greece in many ways.
Just like Greece, California has had round after round of "austerity" and yet still cannot seem to balance the budget.

Even after all of the cuts that have been implemented in recent years, the California budget deficit is still going to be far larger than originally projected this year.  The following is from the Los Angeles Times....
Gov. Jerry Brown announced on Saturday that the state's deficit has ballooned to $16 billion, a huge increase over his $9.2-billion estimate in January.
The bigger deficit is a significant setback for California, which has struggled to turn the page on a devastating budget crisis. Brown, who announced the deficit on YouTube, is expected to outline his full budget proposal on Monday in Sacramento.
"This means we will have to go much further, and make cuts far greater, than I asked for at the beginning of the year," Brown said in the video.
During his remarks on YouTube, Governor Brown stated that California is "still recovering from the worst recession since the 1930s" and he stressed that hard choices are ahead.
But the California state government has already cut back in so many places.  For example, back in the late 1970s the state of California was number one in per-pupil spending on education, but now California has fallen to 48th place.

Unfortunately, Governor Brown does not believe that budget cuts alone will solve the problem.
So you know what that means.

Tax increases!

The tax increases that California voters will be voting on in November were outlined in a recent Bloomberg article....
Brown this week submitted more than 1.5 million signatures to place the tax measure on the ballot. It would temporarily raise the state sales tax, already the highest in the U.S., to 7.5 percent from 7.25 percent. It would also boost rates on income starting at $250,000. The 10.3 percent levy on those making $1 million or more would rise to 13.3 percent, the most of any state.
Get ready to fire up the moving vans.
The rest of the California economy may be falling apart, but moving companies will continue to do very well.
As I have written about previously, California has already experienced a net loss of approximately four million residents to other states over the past 20 years.
If the top rate on those making a million dollars or more a year hits 13.3 percent you will see a lot more wealthy people leave.

And thousands of businesses have left California in recent years as well.  Sadly, one survey found that CEOs ranked California as the worst place in the United States to do business for seven years in a row.
You would think that the state legislature would get the message.
Unfortunately they have not.

California absolutely suffocates businesses with rules and regulations and it gets worse with each passing year.

So lots of good jobs continue to leave the state.

As mentioned earlier, the official rate of unemployment in California is sitting at 11 percent.  That is almost 3 points higher than for the nation as a whole.
Of course the "official" numbers greatly understate the true scope of the unemployment problem, but for more on that you can check out this article.

However you want to look at it, the reality is that California has a massive unemployment problem.
Sadly, a whole bunch of unemployed workers in California are about to lose their unemployment benefits.
On Saturday, more than 200,000 unemployed Americans were dumped off the unemployment rolls.  Close to half of them live in California.

Instead of 99 weeks, unemployed workers in California will now only be able to collect unemployment benefits for a maximum of 79 weeks.

It is estimated that a total of 93,000 people in California have suddenly lost their benefits as a result of this change.

Unfortunately, the truth is that the employment picture in California is not really getting any better.  It is still incredibly difficult to find a decent job.

Unless you are "connected", it can be a horribly frustrating experience trying to find a new job in this economic environment.

But if you are truly desperate, there are some folks out there who are always hiring.
These days, "national security" is quite a growth industry.  For example, if you are currently unemployed you can always apply to work as an Internment/Resettlement Specialist for the national guard.

While the economy is going to pot, you can get paid to lock up other Americans that are protesting about the state of our country.

Doesn't that sound fun?

But seriously, if you live in California right now you probably don't need anyone else to tell you how bad things are.

You probably already know that the number of children living in poverty in the state of California has increased by 30 percent since 2007.

California is rapidly changing, and not for the better.

But it is not just the economy that is falling apart in California.  The truth is that there are a whole host of good reasons to move away from California.  The traffic is nightmarish, crime is on the rise, the gangs are bigger and more active than ever before, millions of illegal immigrants have poured into the state, and the control freak politicians become more insane with each passing year.

Plus there is the constant threat that your home will be destroyed by a mudslide, a wildfire or an earthquake.
One of these days the "big one" will hit California.

You do not want to be there when that happens.
But if you decide that you do want to move from California, what is the best state to move to?
That is a very good question.

The truth is that economic conditions are horrible in most of the country and are rapidly getting a whole lot worse.

According to one poll, 30 percent of all Americans described the condition of the economy as "good" back in February but only 20 percent do now.

When we enter the next major economic downturn, unemployment is going to go higher everywhere in the nation.

There will be small pockets where jobs are still plentiful (where the oil industry is strong for example) but almost everywhere else will be really hurting.

So what do all of you think?
For people looking to move away from California, where should they go?




http://theeconomiccollapseblog.com/archives/if-you-live-in-california-things-just-got-a-whole-lot-worse

Friday, May 11, 2012

The Question... REAL or PROMULGATED ??? ?? ? 0



General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser.This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.For Related news and other stories please visit - http://www.wideawakenews.com/For Related videos on our Youtube channel please visit - http://www.youtube.com/user/pulsescan72Be Sure to register for faster updates and commentaries at -BLOG 1: - http://pulsescan.blogspot.com/BLOG 2: - http://seekingalpha.com/instablog/466159-pulsescan72/BULLS make money... BEARS make money.... PIGS get slaughtered!"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

Thursday, May 10, 2012

5/10/2012 - 900 Dolphins, 5,000 Birds Dead in Peru

900 Dolphins, 5,000 Birds Dead in Peru


Source: ABC Australia

Nearly 900 dolphins and at least 5,000 birds, mostly pelicans, have died off Peru’s northern coast, the government has confirmed.
The country’s northern beaches have been declared off-limits as scientists scramble to pin down what has caused such a massive death toll.
Non-government organisations blame oil exploration work.
But Peru’s deputy environment minister Gabriel Quijandria disputed that, saying rising water temperatures, which disturb species’ food supplies, were a possible cause.

Read full article

Wednesday, May 9, 2012

Correlations that make you go _Hmmmmmmmmm_ January 20, 2009 - July 20, 2...



General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser.This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.For Related news and other stories please visit - http://www.wideawakenews.com/For Related videos on our Youtube channel please visit - http://www.youtube.com/user/pulsescan72Be Sure to register for faster updates and commentaries at -BLOG 1: - http://pulsescan.blogspot.com/BLOG 2: - http://seekingalpha.com/instablog/466159-pulsescan72/BULLS make money... BEARS make money.... PIGS get slaughtered!"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

Monday, May 7, 2012

An_Abomination_In_The_Golf_Of_Mexico....Google_Earth



Published on May 7, 2012 by

5/7/2012 - Michigan town near Ohio could become ‘China City’

Michigan town near Ohio could become ‘China City’

 


The southeastern Michigan city of Milan, a 40-minute or so commute to Toledo or Detroit industrial centers, might become the new home for a 200-acre or larger “China City” that would house Chinese business people.
Milan, a city of 6,000 surrounded by farm fields, is the locale for an unusual deal in the industrial heartland as the rocky relationship continues between the People’s Republic of China and the United States.
A group of mainland Chinese known as Sino-Michigan Properties LLC paid $1.9 million for 200 acres of farmland on Milan city limits in purchases this year and in 2011, according to local officials and property records.
Milan (pronounced MY-lan) is located on U.S. 23 a half-hour from the Ohio border and a short drive from the University of Michigan in Ann Arbor — a destination favored by Chinese students.
The city straddles the border of Wastenaw and Monroe counties and is best known regionally for the Milan Dragway race track and a federal prison that can be seen from the highway.
Read More...

5/7/2012 - Hedge Funds Betting Against the Eurozone: Why You Should Worry

Some of the world's most prominent hedge fund managers are betting against the eurozone -- and not just the peripheral countries everyone knows are in trouble. They're taking positions against the core countries, economies that -- until now -- everyone has assumed were rock-solid.

Here's a primer on the world of hedge funds and why the latest developments in the recently resurgent eurozone crisis are yet another warning shot across America's economic bow.

How the Other Percent Invests

Put simply, hedge funds are investment funds for the wealthy. You and I put our money into mutual funds, which a fund manager watches over, moving investor money into and out of a portfolio of stocks, bonds, and other investment vehicles as he or she sees fit in order to maximize the fund's return.

Read More...

5/7/2012 - 5 Ways Robots Are Outsourcing Humans in the Workforce


5 Ways Robots Are Outsourcing Humans in the Workforce

 

The outsourcing of human jobs as a side effect of globalization has arguably contributed to the current unemployment crisis. However, a growing trend sees humans done away with altogether, even in the low-wage countries where many American jobs have landed.

Citing brutal working conditions, inefficiency and corporate bottom lines, human beings are gradually becoming redundant. Moreover, there are indications that even skilled labor will soon be replaced, rendering humans obsolete in a variety of new ways.

At this point is doesn't seem like the outsourcing of human abilities to our robotic counterparts is leading us toward the life of leisure that has been promised, but instead is leading to humans being perceived as nothing more than a troubling quantity within a new economic algorithm.  How can we ensure that we maintain relevance during a time of such rapid change?


5/7/2012 - General Motors is becoming China Motors

General Motors is becoming China Motors. Forget the spin. The evidence is clear and convincing. Did U.S. taxpayers save GM for China? Listen to the candid comments of GM's CEO.



G. Edward Griffin - The Collectivist Conspiracy



Uploaded by on Apr 20, 2011
In this exclusive 80 minute video interview, legendary conspiracy author G. Edward Griffin explains how his research, which spans no less than 5 decades, has revealed a banking elite obsessed with enforcing a world government under a collectivist model that will crush individualism and eventually institute martial law as a response to the inevitable backlash that will be generated as a result of a fundamental re-shaping of society.

Griffin discusses the similarities between the extreme left and the extreme right in the false political paradigm and how this highlights a recurring theme - collectivism. Collectivism is the opposite of individualism and believes that the interests of the individual must be sacrificed for the greater good of the greater number, explains Griffin, uniting the doctrines of communism and fascism. Both the Republican and Democrat parties in the United States are committed to advancing collectivism and this is why the same policies are followed no matter who is voted in to the White House.

"All collectivist systems eventually deteriorate into a police state because that's the only way you can hold it together," warns Griffin.

Carroll Quigley, Georgetown University Professor and mentor to former president Bill Clinton, explained in his books Tragedy and Hope and The Anglo-American Establishment, how the elite maintained a silent dictatorship while fooling people into thinking they had political freedom, by creating squabbles between the two parties in terms of slogans and leadership, while all the time controlling both from the top down and pursuing the same agenda. Griffin documents how the Tea Party, after its beginnings as a grass roots movement, was later hijacked by the Republicans through the likes of Sarah Palin and Glenn Beck.

Pointing out how Republicans and Democrats agree on the most important topics, such as US foreign policy, endless wars in the Middle East, and the dominance of the private banking system over the economy, Griffin lays out how the left-right hoax is used to steer the destiny of America.

Griffin also talks at length on a myriad of other important subjects, such as the move towards a Chinese-style censored Internet, the demonization of the John Birch Society as a racist extremist group, the Hegelian dialectic, the power of tax-exempt foundations and the Council on Foreign Relations, the movement towards world government, and the question of whether the elite are really worried about the growing awareness of their agenda amongst Americans.

A Global Deception Conspiracy UFO Disclosure



Uploaded by on Dec 3, 2011
A Global Deception Conspiracy UFO Disclosure

Resist The Death Camps of Obama!



Published on May 6, 2012 by
On the May 6 Sunday edition of the Alex Jones Show, Alex takes a look at the phony 9/11 Gitmo show trial of supposed master terrorist Khalid Shaikh Mohammed and his four co-defendants. On Saturday, the arraignment of the accused terrorists turned into a three ring circus, thus sending the message that the Sixth Amendment is irrelevant in terrorist cases. Alex also covers the massive police state rollout in Chicago as the NATO war council prepares to convene. He also adds new details on draconian re-education camps where political activists will be forced to appreciate the murderous foreign policy of the ruling elite. Alex also covers the latest breaking news and takes your calls.
http://www.infowars.com/
http://www.prisonplanet.tv/
http://twitter.com/#!/RealAlexJones
http://www.facebook.com/AlexanderEmerikJones

SV40, AIDS and Cancer in Vaccines



Published on May 7, 2012 by
Yes, and it has been admitted.

Merck vaccine scientist Dr. Maurice Hilleman admitted presence of SV40, AIDS and cancer viruses in vaccines.

http://www.sott.net/articles/show/245108-Merck-vaccine-scientist-Dr-Maurice-H...

Sunday, May 6, 2012

TRUTH SQUAD - Obama Czar Cass Sunstein - INFILTRATE AMERICANS



Published on May 6, 2012 by
They are now in every office....and no one would listen.

CIVIL WAR in America? 'This Stuff is Really Terrifying' - Stephen Lendma...



Published on May 5, 2012 by
Here's my new interview with writer and radio host Stephen Lendman. We cover all of the latest breaking news including the reports of the alleged DHS' plan for civil war in America, the Occupy Movement and the NATO lock down of Chicago. Part 1 of 2.

Steve's Blog:
http://sjlendman.blogspot.com/

Our Favorite Fact Finder and Truth Seeker: SGTReport.com -Interview Part 1



Published on May 6, 2012 by

Our Favorite Fact Finder and Truth Seeker: SGTReport.com -Interview Part 2



Published on May 6, 2012 by

Coast To Coast News May 5 :George Noory : Super Moon Tonight Earthquakes...



General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser.This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.For Related news and other stories please visit - http://www.wideawakenews.com/For Related videos on our Youtube channel please visit - http://www.youtube.com/user/pulsescan72Be Sure to register for faster updates and commentaries at -BLOG 1: - http://pulsescan.blogspot.com/BLOG 2: - http://seekingalpha.com/instablog/466159-pulsescan72/BULLS make money... BEARS make money.... PIGS get slaughtered!"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

How To Beat The Greatest Investors: Warren Buffett and Charlie Munger



General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser.This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.For Related news and other stories please visit - http://www.wideawakenews.com/For Related videos on our Youtube channel please visit - http://www.youtube.com/user/pulsescan72Be Sure to register for faster updates and commentaries at -BLOG 1: - http://pulsescan.blogspot.com/BLOG 2: - http://seekingalpha.com/instablog/466159-pulsescan72/BULLS make money... BEARS make money.... PIGS get slaughtered!"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

URGENT! EPIDEMIC OF WHOOPING COUGH JUST HIT WASHINGTON STATE HUNDREDS SICK



Published on May 5, 2012 by

Saturday, May 5, 2012

Revival Forum 89 (Leonard Ravenhill)



Published on May 3, 2012 by
A clip of an interview with Leonard Ravenhill from Revival Forum 89.

Are you really a Christian? Take the test!



Uploaded by on Sep 19, 2010
Todd Friel goes through a 15 question test by John Piper on "Wretched"

What is Apostasy? - A.W. Pink



Published on Apr 19, 2012 by
What is Apostasy? - A.W. Pink

A.W. Pink Playlist: http://www.youtube.com/view_play_list?p=10C95ED824AA4503

From Studies in the Scriptures.

2 Corinthians 13:5 Test yourselves to see if you are in the faith; examine yourselves! Or do you not recognize this about yourselves, that Jesus Christ is in you—unless indeed you fail the test?

1 John 5:4 For whatever is born of God overcomes the world; and this is the victory that has overcome the world—our faith.

Romans 6:14 For sin shall not be master over you, for you are not under law but under grace.

John 8:39 They answered and said to Him, "Abraham is our father." Jesus said to them, "If you are Abraham's children, do the deeds of Abraham.

1 Timothy 1:19 keeping faith and a good conscience, which some have rejected and suffered shipwreck in regard to their faith.

2 Peter 2:20 For if, after they have escaped the defilements of the world by the knowledge of the Lord and Savior Jesus Christ, they are again entangled in them and are overcome, the last state has become worse for them than the first.

Luke 9:62 But Jesus said to him, "No one, after putting his hand to the plow and looking back, is fit for the kingdom of God."

Hebrews 10:38 BUT MY RIGHTEOUS ONE SHALL LIVE BY FAITH;
AND IF HE SHRINKS BACK, MY SOUL HAS NO PLEASURE IN HIM.

John 6:66 As a result of this many of His disciples withdrew and were not walking with Him anymore.

Isaiah 28:13 So the word of the LORD to them will be,
"Order on order, order on order,
Line on line, line on line,
A little here, a little there,"
That they may go and stumble backward, be broken, snared and taken captive.

A.W. Pink (1886-1952): Pastor, itinerate Bible teacher, author of Studies in the Scriptures and many books including his well-known The
Sovereignty of God; born in Great Britain, immigrated to the U.S., and later returned to his homeland in 1934; born in Nottingham, England.

Friday, May 4, 2012

Angelica Testimony: MICHEAL JACKSON, SELENA and KIDS in HELL !!!



General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser.This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.For Related news and other stories please visit - http://www.wideawakenews.com/For Related videos on our Youtube channel please visit - http://www.youtube.com/user/pulsescan72Be Sure to register for faster updates and commentaries at -BLOG 1: - http://pulsescan.blogspot.com/BLOG 2: - http://seekingalpha.com/instablog/466159-pulsescan72/BULLS make money... BEARS make money.... PIGS get slaughtered!"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

"Winged Being" Chased by Security Guards (Indonesia)!



Published on May 4, 2012 by
CRAZY footage of a "being" with Huge Wings being chased after by Security Guards in Indonesia!
http://www.riggedreality.com
NYC812's Channel: http://www.youtube.com/user/NYC812?ob=0

Famous atheists last words before dying



Uploaded by on May 5, 2007
There is another way. You don't have to find yourself in their shoes when your life ends... Jesus is the answer. Love and blessings I wish to you, in Christ's name.
http://www.DeathEscape.com
http://www.WayOfTheMaster.com
http://www.JAshow.org

"I am In the Flames--Pull Me out, Pull Me out!"



Uploaded by on Aug 22, 2010
"There is Light Light all Around Me" - http://www.youtube.com/watch?v=nzFNVds4giI

Hell's Play List - http://www.youtube.com/view_play_list?p=D8D2B56EE4E76468

Famous atheists last words before dying -
http://www.youtube.com/watch?v=6fSFGrhsBpM

Dying Testimonies of the Saved and Unsaved
Solomon B. Shaw

"I've devoted my life to the distribution of books, Bibles and tracts and anything that will help to futher the Gospel of our Lord Jesus Chrisrt. The reading of good Christian books is one of the best ways to challenge and encourage Christians." Larry Harrison

Interview with Larry Harrison: "Great Christian Books" - http://www.youtube.com/watch?v=x6B3TE4dCO0&p=46619E2CC0877101&index=4

For Additional Copies Contact:
Larry Harrison
P.O. Box 8
St. John, IN 46373
1-219-644-8869

Hell's Play List - http://www.youtube.com/view_play_list?p=D8D2B56EE4E76468