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Tuesday, 30 August 2016
"By Way Of Deception, Thou Shalt Do War"
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Thursday, 25 August 2016
The Father of Modern Terrorism
Palestine was part of the British Empire and in 1916, during World War 1, the British were manipulated into promising the Jews a homeland in Palestine. This promise became known as the Balfour Declaration but it was soon reneged upon.
Jewish settlements in Palestine were initially founded in the 1890s and population numbers increased gradually despite opposition from the local Arab population. Jewish immigration into Palestine changed from a small flow into a torrent when the Nazis came to power in Germany. Attempts were made to drive the British out and armed Jewish groups began to carry out terrorist acts against both British soldiers and local Palestinians.
In 1939, the British were forced to declare that Jewish immigration to Palestine was banned but the terror campaign continued
On 6th November 1944, Lord Moyne (a British Minister Resident in the Middle East) was assassinated in Cairo by two members of the Jewish terrorist group, the Stern Gang. They were led by the future Prime Minister of Israel, Yitzhak Shamir. In the same year, he was also responsible for an assassination attempt on Harold MacMichael, the High Commissioner of the British Mandate of Palestine. Yitzhak Shamir also masterminded another successful assassination in 1944 against the UN representative in the Middle East, Count Folke Bernadotte despite the fact that Count Bernadotte secured the release of 21 000 prisoners from German camps.
On July 22nd 1946, the future Prime Minister of Israel, David Ben-Gurion ordered another future Prime Minister of Israel, Menachem Begin to carry out a terrorist attack on the King David Hotel in Palestine. It was another attempt to drive the British out of Palestine and 91 people were killed with the majority being civilian. There were 28 British, 41 Arabs, 17 Jews and 5 others. Around 45 people were injured
At the time, the attack on the King David Hotel was the biggest death toll ever from a single terrorist attack. It was only surpassed by the Bombing of Pan Am flight 103 over Lockerbie more than 40 years later.
Menachem Begin proudly proclaimed himself as,
"the father of modern terrorism."
The war weary British left Palestine in 1947 and transferred control to the UN. The intention was to partition the country into two states, one Jewish and one Arab with Jerusalem as a neutral, international zone. This transfer was scheduled to take place on May 15th 1948.
The UN had no right to give Arab property to anybody. At the time, the Jews owned 6% of the land in Palestine and the Arabs owned 94% but the the Jews were given 57% leaving the Arabs with only 43%. It was scandalous.
In the early hours of April 19th 1948, 132 Jewish terrorists from the Stern and the Irgun gang, (led by Menachem Begin and Yitzhak Shamir) brutally massacred 200 men, women and children as they were sleeping peacefully in the Arab village of Deir Yassin.
In 1948, the Rothchilds bribed President Harry S. Truman by donating $2 000 000 to his campaign fund. |
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Monday, 22 August 2016
Jewish Suffering and The Holocaust
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Wednesday, 17 August 2016
Jacob Schiff and The Power of Propaganda
In 1891, the Leader of the UK Labour Party made the following statement making reference to the Rothschilds,
"This blood-sucking crew has been the cause of untold mischief and misery in Europe during the present century, and has piled up its prodigious wealth chiefly through fomenting wars between States which ought never to have quarrelled. Whenever there is trouble in Europe, wherever rumours of war circulate and men's minds are distraught with fear of change and calamity you may be sure that a hook-nosed Rothschild is at his games somewhere near the region of the disturbance."
Comments like this got them worried and they purchased Reuters news agency to give them some control over the media.
Jacob Schiff, a member of the Rothschild dynasty, was born in Frankfurt and arrived in the USA aged eighteen in 1865 with an agenda and the resources to carry it out.
He was very successful and was described by George R. Conroy in the December 1912 issue of "Truth" magazine,
"Mr Schiff is head of the great private banking house of Kuhn, Loeb, and co, which represents the Rothschilds interests on this side of the Atlantic. He has been described as financial strategist and has been for years the financial minister of the great impersonal power known as Standard Oil.
He was hand in glove with the Harrimans, the Goulds, and the Rockefellers in all their railroad enterprises and has become the dominant power in the railroad and financial power of America."
The year before in 1911, Schiff set up the Anti Defamation League (ADL) which was an organisation used to refute anybody who challenged or questioned the Rothschild global conspiracy agenda by slandering them as "anti-semitic." It was a similar organisation to the National Advancement for the Association of the Coloured People (NAACP) set up by Schiff in 1909 to incite black people into rioting, looting and other forms of disorder to cause a rift between the black and white communities.
World War I started in 1914 and as usual, the German Rothschilds loaned money to the Germans, the British Rothschilds loaned money to the British, and the French Rothschilds loaned money to the French. By now, the Rothschilds had control of at least three European news agencies, Wolff in Germany, Reuters in Great Britain, and Havas in France and they were rarely mentioned in the media. They owned the media.
Congressman Oscar Callaway spoke in Congress about J. P. Morgan taking control of the American media. He stated:
"In March, 1915, the J.P. Morgan interests, the steel, shipbuilding, and powder interest, and their subsidiary organisations, got together 12 men high up in the newspaper world and employed them to select the most influential newspapers in the United States and sufficient number of them to control generally the policy of the daily press... ...They found it was only necessary to purchase the control of 25 of the greatest papers...An agreement was reached. The policy of the papers was bought, to be paid for by the month, an editor was furnished for each paper to properly supervise and edit information regarding the questions of preparedness, militarism, financial policies, and other things of national and international nature considered vital to the interests of the purchasers."
A significant event occurred in 1916 when the Germans, although winning the war and no foreign soldier had set foot on their soil, offered armistice terms to Great Britain with no requirement of reparations. The Rothschilds were anxious to make sure this didn't happen because they were expecting to much make more money out of this was so they played another card they had up their sleeve.
While the British were considering Germany's offer, Rothschild agent Louis Brandeis sent a Zionist delegation from USA to Britain to promise to bring the USA into the war on their side. The only condition was that the British must agree to give Palestine to the Rothschilds.
The Rothschilds wanted Palestine because they had massive business interests in the far east and wanted their own state in that area, along with the associated military forces, to act aggressively against anybody who worked against them.
The British agreed to the deal and suddenly all the major newspapers in the USA, that up to that point had been pro-German, became anti-German and ran propaganda pieces such as: German soldiers were killing Red Cross Nurses, German soldiers were cutting off babies hands...etc. The Rothchilds were manipulating the population of the USA against the Germans.
This continued into 1917 and eventually forced President Woodrow Wilson to renege on his election promise by taking the USA into World War 1 on April 6. The British Foreign Secretary, Arthur James Balfour wrote a letter confirming the promised Palestine deal and this letter is commonly known as the "Balfour Declaration."
Foreign Office November 2nd, 1917
Dear Lord Rothschild,
I have much pleasure in conveying to you, on behalf of His Majesty's Government, the following declaration of sympathy with Jewish Zionist aspirations which has been submitted to, and approved by, the Cabinet. His Majesty's Government view with favour the establishment in Palestine of a national home for the Jewish people, and will use their best endeavours to facilitate the achievement of this object, it being clearly understood that nothing shall be done which may prejudice the civil and religious rights of existing non-Jewish communities in Palestine, or the rights and political status enjoyed by Jews in any other country. I should be grateful if you would bring this declaration to the knowledge of the Zionist Federation.
Yours sincerely,
Arthur James Balfour
"This blood-sucking crew has been the cause of untold mischief and misery in Europe during the present century, and has piled up its prodigious wealth chiefly through fomenting wars between States which ought never to have quarrelled. Whenever there is trouble in Europe, wherever rumours of war circulate and men's minds are distraught with fear of change and calamity you may be sure that a hook-nosed Rothschild is at his games somewhere near the region of the disturbance."
Comments like this got them worried and they purchased Reuters news agency to give them some control over the media.
Jacob Schiff, a member of the Rothschild dynasty, was born in Frankfurt and arrived in the USA aged eighteen in 1865 with an agenda and the resources to carry it out.
He was very successful and was described by George R. Conroy in the December 1912 issue of "Truth" magazine,
He was hand in glove with the Harrimans, the Goulds, and the Rockefellers in all their railroad enterprises and has become the dominant power in the railroad and financial power of America."
The year before in 1911, Schiff set up the Anti Defamation League (ADL) which was an organisation used to refute anybody who challenged or questioned the Rothschild global conspiracy agenda by slandering them as "anti-semitic." It was a similar organisation to the National Advancement for the Association of the Coloured People (NAACP) set up by Schiff in 1909 to incite black people into rioting, looting and other forms of disorder to cause a rift between the black and white communities.
World War I started in 1914 and as usual, the German Rothschilds loaned money to the Germans, the British Rothschilds loaned money to the British, and the French Rothschilds loaned money to the French. By now, the Rothschilds had control of at least three European news agencies, Wolff in Germany, Reuters in Great Britain, and Havas in France and they were rarely mentioned in the media. They owned the media.
Congressman Oscar Callaway spoke in Congress about J. P. Morgan taking control of the American media. He stated:
"In March, 1915, the J.P. Morgan interests, the steel, shipbuilding, and powder interest, and their subsidiary organisations, got together 12 men high up in the newspaper world and employed them to select the most influential newspapers in the United States and sufficient number of them to control generally the policy of the daily press... ...They found it was only necessary to purchase the control of 25 of the greatest papers...An agreement was reached. The policy of the papers was bought, to be paid for by the month, an editor was furnished for each paper to properly supervise and edit information regarding the questions of preparedness, militarism, financial policies, and other things of national and international nature considered vital to the interests of the purchasers."
A significant event occurred in 1916 when the Germans, although winning the war and no foreign soldier had set foot on their soil, offered armistice terms to Great Britain with no requirement of reparations. The Rothschilds were anxious to make sure this didn't happen because they were expecting to much make more money out of this was so they played another card they had up their sleeve.
While the British were considering Germany's offer, Rothschild agent Louis Brandeis sent a Zionist delegation from USA to Britain to promise to bring the USA into the war on their side. The only condition was that the British must agree to give Palestine to the Rothschilds.
The Rothschilds wanted Palestine because they had massive business interests in the far east and wanted their own state in that area, along with the associated military forces, to act aggressively against anybody who worked against them.
The British agreed to the deal and suddenly all the major newspapers in the USA, that up to that point had been pro-German, became anti-German and ran propaganda pieces such as: German soldiers were killing Red Cross Nurses, German soldiers were cutting off babies hands...etc. The Rothchilds were manipulating the population of the USA against the Germans.
This continued into 1917 and eventually forced President Woodrow Wilson to renege on his election promise by taking the USA into World War 1 on April 6. The British Foreign Secretary, Arthur James Balfour wrote a letter confirming the promised Palestine deal and this letter is commonly known as the "Balfour Declaration."
Foreign Office November 2nd, 1917
Dear Lord Rothschild,
I have much pleasure in conveying to you, on behalf of His Majesty's Government, the following declaration of sympathy with Jewish Zionist aspirations which has been submitted to, and approved by, the Cabinet. His Majesty's Government view with favour the establishment in Palestine of a national home for the Jewish people, and will use their best endeavours to facilitate the achievement of this object, it being clearly understood that nothing shall be done which may prejudice the civil and religious rights of existing non-Jewish communities in Palestine, or the rights and political status enjoyed by Jews in any other country. I should be grateful if you would bring this declaration to the knowledge of the Zionist Federation.
Yours sincerely,
Arthur James Balfour
Thursday, 11 August 2016
The Power of Propaganda and The CFR
As he was approaching the end of his life, Jacob Schiff formulated plans for a new organisation needed to continue his work. The Council on Foreign Relations (CFR) was founded on May 30th 1919 at the Hotel Majestic in Paris and initially involved about one thousand specially selected people from the USA including the heads of every industrial empire and all major international bankers. Anybody who wanted to run for Congress, the Senate or to be President needed to ask the CFR for financial support. Jacob Schiff died in 1920
The first job of the CFR was to gain control of the press and this task was given to John D. Rockefeller (a Rothchild) who set up a number of national news magazines such as Life and Time. He financed Samuel Newhouse to establish a chain of newspapers across the country. He financed Eugene Meyer to buy up publications like the Washington Post, Newsweek, and The Weekly Magazine. The CFR also needed to gate control of radio, television and the motion picture industry and this task was divided among the international bankers from Kuhn Loeb, Goldman Sachs, the Warburgs and the Lehmanns.
In 1973 in his book, "None Dare Call It Conspiracy" Gary Allen stated:
"One major reason for the historical blackout on the role of the international bankers in political history is the Rothschilds were Jewish .The Jewish members of the conspiracy have used an organisation called The Anti-Defamation League (ADL) as an instrument to try and convince everyone that any mention of the Rothschilds and their allies is an attack on all Jews. In this way they have stifled almost all honest scholarship on international bankers and made the subject taboo within universities. Any individual or book exploring this subject is immediately attacked by hundreds of ADL communities all over the country. The ADL has never let the truth or logic interfere with its highly professional smear jobs .Actually, nobody has a right to be more angry at the Rothschild clique than their fellow Jews .The Rothschild empire helped finance Adolf Hitler.""
In 1985, Eustace Mullins published "Who Owns The TV Networks" in which he revealed the Rothschilds still had control of NBC, CBS, and ABC i.e. all three major TV Networks in the USA.
At the Bilderberg Conference on 6th to 9th June 1988 in Baden-Baden in Germany, David Rockefeller (a Rothschild) made the following statement:
"We are grateful to the Washington Post, the New York Times, Time Magazine, and other great publications whose directors have attended our meetings and respected their promises of discretion for almost 40 years. It would have been impossible for us to develop our plan for the world, if we had been subjected to the lights of publicity during those years. But the world is now more sophisticated and prepared to march towards a world government. The super-national sovereignty of an intellectual elite and world bankers is surely preferable to the national auto- determination practised in past centuries."
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Friday, 5 August 2016
Political Correctness and The ADL
The Anti Defamation League (ADL) was set up in 1911 by Jacob Schiff (a Rothchild) with the intention of refuting anybody who questioned the Rothschild global conspiracy agenda by slandering them as "anti-semitic." It was very successful.
1988, it instigated the process which evolved into the political correctness madness which is rife today. The ADL organised a competition for law students to draft anti-hate legislation for minority groups.
The competition was won by Joseph Ribakoff who proposed that, in addition to all hate motivated violence being banned, any words which stimulated suspicion, friction, hate or violence should also be criminalised. He suggested that state agencies needed to monitor and restrict general free speech and censor films that criticised identifiable groups. Furthermore, even if a person could justify a statement, e.g. a Christian criticising homosexuality because the bible expressly forbids it, Ribakoff asserted that the truth could not be used as a defence in court. The only proof a court would need to secure a hate crime conviction was that something was said and a member of a minority group felt emotionally damaged.
The ADL forced these proposals into law all over the world in less than fifteen years. These laws are designed to protect the Rothschild conspiracy from being revealed. Anybody who criticises the Rothschilds and their activities is slandered as "anti-semitic" and risks imprisonment.
1988, it instigated the process which evolved into the political correctness madness which is rife today. The ADL organised a competition for law students to draft anti-hate legislation for minority groups.
The competition was won by Joseph Ribakoff who proposed that, in addition to all hate motivated violence being banned, any words which stimulated suspicion, friction, hate or violence should also be criminalised. He suggested that state agencies needed to monitor and restrict general free speech and censor films that criticised identifiable groups. Furthermore, even if a person could justify a statement, e.g. a Christian criticising homosexuality because the bible expressly forbids it, Ribakoff asserted that the truth could not be used as a defence in court. The only proof a court would need to secure a hate crime conviction was that something was said and a member of a minority group felt emotionally damaged.
The ADL forced these proposals into law all over the world in less than fifteen years. These laws are designed to protect the Rothschild conspiracy from being revealed. Anybody who criticises the Rothschilds and their activities is slandered as "anti-semitic" and risks imprisonment.
Monday, 25 July 2016
Norman Lamont and Black Wednesday
The worldwide phenomenon of privatisation started in the early 1980s and involved state assets being sold to private investors at rock bottom prices. The Rothschilds were involved in this from the very beginning.
On September 16th 1992, the pound sterling (the UK currency) collapsed as currency speculators, led by Ashkenazi Jew and Rothschild agent George Soros, borrowed billions and billions of pounds from commercial lenders and sold them all to buy Deutsche Marks. The speculators fully expected to repay the loans using devalued money and pocket the difference themselves. The day became known as Black Wednesday.
The UK Chancellor of the Exchequer was called Norman Lamont and he announced an interest rate rise of 5% in single day. This drove the UK into a recession which lasted many years and caused a stock market crash, a housing market crash and the failure of many businesses.
Everything went according to the Rothschilds plan who had earlier privatised the UK's state owned assets and driven the share prices up. The collapse of the stock market allowed them to buy the shares for pennies in the pound. It was an exact replica of the scam carried out by Nathan Mayer Rothschild in 1812.
It must be emphasised that prior to becoming an MP, the Chancellor of the Exchequer Norman Lamont, was a Merchant Banker with N. M. Rothschild and Sons. He joined the firm after reading Economics at Cambridge and returned to them as a director in 1993 after leaving government. His mission to collapse the British economy to profit the Rothschilds had been accomplished.
Tuesday, 12 July 2016
Monica Lewinsky or "Mega?"
Thursday, 7 July 2016
The 7/7 Bombings in London
On 7th July 2005, the Transport Network in London was bombed in what became known as the 7/7 bombings.
Israel's Finance Minister, Binyamin Netanyahu was in London at the time and was due to attend an economic conference. This conference took place in a hotel above the underground station where one of the blasts occurred.
He stayed in his hotel room after receiving a warning from Israeli intelligence officials about what was expected.
Israel's Finance Minister, Binyamin Netanyahu was in London at the time and was due to attend an economic conference. This conference took place in a hotel above the underground station where one of the blasts occurred.
He stayed in his hotel room after receiving a warning from Israeli intelligence officials about what was expected.
Wednesday, 6 July 2016
The Iraq War
Tuesday, 5 July 2016
The Attack on the World Trade Centre
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Monday, 4 July 2016
The Bush Family at War
Prescott Bush is not very well known but he should be infamous because he was involved in financing the Hitler regime during World War 2. In 1942, Prescott Bush had his company seized under the "Trading With The Enemy" Act at the same time as American troops were being killed by German soldiers. No action was taken against this traitor.
Many years later in 1991, his son President George H.W. Bush responded to the Iraqi invasion of Kuwait by ordering an aerial bombardment of targets within Iraq. A successful ground campaign began soon after which lasted one hundred hours and ended on February 28th. At this point, a terrible war crime was committed.
For no valid reason, 150 000 Iraqi troops were slaughtered using fuel air bombs. It was totally unnecessary because the Iraqis were fleeing on a crowded highway from Kuwait to Basra. President Bush ordered U.S.A military forces to kill these surrendering troops. Some were still alive as they were bulldozed into mass unmarked graves in the desert. President Bush then ordered a cessation of hostilities.
Why did this happen? What was the significance of this slaughter? Why did President Bush declare that the war over on this day?
It was the, "Day of Purim," which is the day the Jews celebrate their victory over Ancient Babylon and a day when Jews are encouraged to take bloody revenge on their enemies. Ancient Babylon is contained within the borders of what is now called Iraq.
In 2000, George W. Bush, son of George H.W. Bush and Grandson of Prescott Bush was elected President of the United States. He will forever be associated with the attack on the World Trade Centre on September 11th 2001 and the events that followed.
Thursday, 30 June 2016
The Rise of the Bolsheviks
Wednesday, 22 June 2016
Woodrow Wilson and Blackmail
Monday, 20 June 2016
The Rise of the Nazis
Adolf Hitler became Chancellor of Germany in January 1933 and drove Jews, many of whom were Communist, out of German government positions. As a result, in July 1933, the Jews held a World Conference in Amsterdam and demanded the reinstatement of every Jew to his former position. Hitler refused and Samuel Untermyer (an Ashkenazi Jew who had previously blackmailed President Wilson and was now the head of the American delegation and President of the Conference) returned to the USA where he made a radio speech. It included the following statements.
"...the Jews are the aristocrats of the world...Our campaign is...the economic boycott against all German goods, shipping and services...What we are proposing...is to prosecute a purely defensive economic boycott that will undermine the Hitler regime and bring the German people to their senses by destroying their export trade on which their very existence depends... ...Each of you, Jew and Gentile alike...must refuse to deal with any merchant or shopkeeper who sells any German-made goods or who patronises German ships or shipping."
"...the Jews are the aristocrats of the world...Our campaign is...the economic boycott against all German goods, shipping and services...What we are proposing...is to prosecute a purely defensive economic boycott that will undermine the Hitler regime and bring the German people to their senses by destroying their export trade on which their very existence depends... ...Each of you, Jew and Gentile alike...must refuse to deal with any merchant or shopkeeper who sells any German-made goods or who patronises German ships or shipping."
At the time, two thirds of Germany's food supply had to be imported, and this could only be paid for with the proceeds from exports. If Germany could not export then two thirds of her population would starve. Jews throughout America, protested outside and damaged stores where they found products marked "Made in Germany." Many stores were forced to dump German products or face bankruptcy.
The Germans, who up to this point had demonstrated no violence towards any Jews, began boycotting Jewish stores in the same way and anti-semitism began to increase.
Samuel Landman (at the time, secretary to the World Zionist Organisation), in his 1936 book, "Great Britain, The Jews, and Palestine" describes the entry of the USA into World War 1,
"The fact that it was Jewish help that brought USA into the War on the side of the Allies has rankled ever since in German especially Nazi minds, and has contributed in no small measure to the prominence which anti-Semitism occupies in the Nazi programme."
On 7th November 1938, a Jew called Herschel Grynszpan, assassinated Ernst vom Rath who was a minor official at the German Embassy in Paris. German hostility towards German Jews began to turn violent.
Meanwhile, Swiss banking laws had been reformed to make it an offence resulting in imprisonment if any bank employee violated bank secrecy. This was in preparation for the Rothschild engineered World War 2 where, as usual they intended to fund both sides.
IBM (financed by the Rothchilds) began to supply punch card machines to the Nazis to help them manage the identification of Jews. This led to their social expulsion, the confiscation of their property and eventually their attempted extermination.
I.G. Farben (controlled by the Rothchilds) were the leading chemical production company in the world and largest German producer of steel. They began to dramatically increase production and the results were almost exclusively used to arm Germany for World War 2. This company would go on to use Jews and other disaffected peoples as slave labour in concentration camps. I.G. Farben also created the lethal Zyklon B gas that was used to exterminate the Jews.
World War 2 began on 1st September 1939 when Germany invaded Poland. The German leadership were Christians who understood that Soviet Russia was led by Rothschild funded Communists and they feared that, as the Soviet Union grew in strength, these Jewish Communists intended to invade and wipe all Christians off the map.
The Germans, who up to this point had demonstrated no violence towards any Jews, began boycotting Jewish stores in the same way and anti-semitism began to increase.
Samuel Landman (at the time, secretary to the World Zionist Organisation), in his 1936 book, "Great Britain, The Jews, and Palestine" describes the entry of the USA into World War 1,
"The fact that it was Jewish help that brought USA into the War on the side of the Allies has rankled ever since in German especially Nazi minds, and has contributed in no small measure to the prominence which anti-Semitism occupies in the Nazi programme."
On 7th November 1938, a Jew called Herschel Grynszpan, assassinated Ernst vom Rath who was a minor official at the German Embassy in Paris. German hostility towards German Jews began to turn violent.
Meanwhile, Swiss banking laws had been reformed to make it an offence resulting in imprisonment if any bank employee violated bank secrecy. This was in preparation for the Rothschild engineered World War 2 where, as usual they intended to fund both sides.
IBM (financed by the Rothchilds) began to supply punch card machines to the Nazis to help them manage the identification of Jews. This led to their social expulsion, the confiscation of their property and eventually their attempted extermination.
I.G. Farben (controlled by the Rothchilds) were the leading chemical production company in the world and largest German producer of steel. They began to dramatically increase production and the results were almost exclusively used to arm Germany for World War 2. This company would go on to use Jews and other disaffected peoples as slave labour in concentration camps. I.G. Farben also created the lethal Zyklon B gas that was used to exterminate the Jews.
World War 2 began on 1st September 1939 when Germany invaded Poland. The German leadership were Christians who understood that Soviet Russia was led by Rothschild funded Communists and they feared that, as the Soviet Union grew in strength, these Jewish Communists intended to invade and wipe all Christians off the map.
Thursday, 16 June 2016
Was Hitler a Jew?
Monday, 13 June 2016
Thursday, 9 June 2016
Expert Warns Of Venezuela-style Hyperinflation: “This Will Not End Well For The United States”
Though completely outside the realm of possibility for an entertained, well fed, and oblivious American public dependent on ever-growing debt to make ends meet, there are serious economic, financial and monetary headwinds set to flip the entire system upside down. If there’s one thing we can learn from the collapse of monetary systems in Zimbabwe, Argentina, and most recently Venezuela, it’s that printing money only works until you lose the confidence of your creditors and the public at large, at which point the whole thing detonates with such velocity and speed that millions are left scrounging for even the most basic of necessities.
According to K92 Mining President Bryan Slusarchuk, this is exactly the kind of scenario Americans should be concerned with because central banks and governments around the world have not only printed obscene sums of money to keep the system afloat, but used even more worthless foreign currency reserves to further prop up their own. As Slusarchuk notes, there is absolutely nothing of real value backing any of it, which spells disaster for Western nations:
Western nations have central bankers colluding together trying to prop up eachother’s reserve with equally worthless foreign currency reserves that are fiat-based paper. Unfortunately, I just don’t think this ends well for Western countries like the United States and Canada who have lost sight of this…
In his latest interview with SGT Report, Slusarchuk explains why a hyperinflation scenario akin to what we are witnessing in Venezuela is a distinct possibility and what those who will take the brunt of the pain – the average people on the ground – can do to prepare themselves for this inevitable future reality. As Slusarchuk warns, most people won’t figure out what has happened until it’s already too late:
…There are lessons [we can learn from Venezuela]… It appears to be spiraling out of control… and this all results from the fact that you had bankers that didn’t understand how to ensure there is a real worth to their fiat currency…this lesson is a lesson we’re going to figure out once it’s too late.
Some 65% of Americans receive more in federal transfer income than they pay in total taxes. There are estimates that this can grow to 80% in the not-too-distant future. So when you have a situation like this that is clearly not sustainable and you have central banker collusion supporting one another’s worthless paper currencies with more worthless paper currency reserves… it just doesn’t end well.
Slusarchuk suggests hard assets as insurance against this eventuality. As we’ve seen in Venezuela, core necessities for survival like bread and meat, as well as supplies we take for granted like toilet paper, are the first to go because a country whose currency has collapsed and lost the faith of its creditors can no longer trade with foreign companies to import these goods, nor can they pay domestic workers to produce them. As the President and Director of a gold mining company, he does, of course, recommend precious metals as a currency of last resort to counter the effects of hyperinflating fiat dollars.
It’s a strategy, notes Slusarchuk, that has protected and preserved wealth for over 5,000 years. And it’s one that’s being aggressively implemented right now by China, who unlike their Western counterparts that have sold their precious metal reserves, are acquiring massive stores of gold.
A similar strategy, he argues, should be a part of everyone’s collapse-proof portfolio:
I think it’s so important for investors to consider, not just for the upside, but for protection… for safety… gold and silver as part of their investment strategy.
And when things don’t end well… It’s going to be very worthwhile to have that real store of value.
I think people in Venezuela are seeing that today… and you’ve seen that in other countries like Argentina.
History continues to repeat itself.
But, central bankers want to assure us that everything is OK… that gold no longer has real value.
… as groups and governments in places like China continue to gobble up everything they can get their hands on… you’ve really got to question what side of the trade you want to be on.
…
Venezuela is a great example of the hyperinflationary currency collapse that all countries potentially face when they don’t have true holdings as a store of value that act as a guarantee to redeem promises to creditors.
Contrarian economists like John Williams have repeatedly warned of hyperinflation in the United States. That some 60% of Americans are now dependent on government subsidies, including nearly 50 million on food stamps, is a critical warning sign. So, too, is the fact that incomes are dropping and meaningful jobs are drying up.
Media pundits and government shills, just as they have done in Venezuela, continue their propaganda campaigns with many pointing to stock markets as a measure of health and marginalizing those who warn of impending collapse as “peddling fiction.”
But to those paying attention, even that is a massive warning sign of a system so heavily injected with artificial stimulus that when the central bank’s dope finally runs out there will, quite literally, be a life threatening crash.
Those without hard assets to get them through the aftermath could well find themselves with no food, no shelter, and no prospects for recovery.
Friday, 3 June 2016
Another Real Estate Crash Is Coming: Legendary Market Timer Unloads His Positions: “They’ve Sold Deferred Reality For So Long…”
First published http://www.shtfplan.com 28/5/16
By Mac Slavo
If you haven’t heard yet, median home prices in the United States are on a tear having reached all-time highs in April. To boot, rental prices have gone insane, showing a year-over-yearinflationary increase of 8%. On top of that, stock markets are rocketing back to their own all time highs based on the premise that the U.S. economy is seeing healthy growth. By all official accounts, it appears that we’re back on track.
But appearances can be deceiving and highly acclaimed investment guru Sam Zell isn’t buying the hype. In fact, he’s taking this opportunity to sell… in a very big way.
And he has been selling. Back in 2007, he once again proved his sense of market timing. As the commercial property bubble was already teetering, he sold Equity Office Properties Trust to Blackstone for $23 billion, not including $16 billion in debt.Then prices crashed, and commercial property defaults hit the banks. As the dust was settling at the end of the Great Recession, he went on a shopping spree.
Now he’s selling again, unloading multifamily properties at peak prices on a massive scale just when a multi-year construction boom is flooding the marketwith new supply.
…
So when Sam Zell speaks, our ears perk up.
Read the full report at Wolf Street
In a recent interview with CNBC Zell noted that zero interest rate policies are removing the risk of borrowing, making it easy for big banks and finance companies to keep pushing supply onto the market.
Easy credit. What could possibly go wrong?
A lot, according to Zell:
“Overall we’ve come off this extraordinary period of liquidity and this extraordinary period of low interest rates… I think we’re unlikely to see a repeat of that going forward, and I think we’re going to see more supply in what had been pretty tight markets.”
…
“In the most simplistic terminology, I would ask you the question, if something is free, is it valued? Is it appropriately risked?”
“We have distorted markets. Maybe we have bubbles.”
…
“The problem is I think the Fed should have raised interest rates two years ago, and therefore today would be able to make a much more rational decision as to what to do.The problem is that they’ve so deferred reality for so long that I think they have a serious credibility problem if they don’t raise rates.”
Everything seems to be booming again – easy money, easy lending, rising prices, and a bread and circused populous.
Never mind the nearly 50 million Americans on food stamps, the six million millennials living in their parents’ basements, or the massive spike in business debt delinquencies.
Should Americans be preparing for another collapse?
Probably not, because despite all of the market distortions, there is really no need for concern. This time it really is different.
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