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Moral legitimacy to govern us has been lost

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What Triggers a Protest of the NRA?

h/t The Blaze

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Are You Ready For The Price Of Food To More Than Double By The End Of This Decade?

Supermarket - Photo by Abrahami

By Michael Snyder

Do you think that the price of food is high now?  Just wait.  If current trends continue, many of the most common food items that Americans buy will cost more than twice as much by the end of this decade.  Global demand for food continues to rise steadily as crippling droughts ravage key agricultural regions all over the planet.  You see, it isn’t just the multi-year California drought that is affecting food prices.  Down in Brazil (one of the leading exporters of food in the world), the drought has gotten so bad that 142 cities were rationing water at one point earlier this year.  And outbreaks of disease are also having a significant impact on our food supply.  A devastating pig virus that has never been seen in the U.S. before has already killed up to 6 million pigs.  Even if nothing else bad happens (and that is a very questionable assumption to make), our food prices are going to be moving aggressively upward for the foreseeable future.  But what if something does happen?  In recent years, global food reserves have dipped to extremely low levels, and a single major global event (war, pandemic, terror attack, planetary natural disaster, etc.) could create an unprecedented global food crisis very rapidly.

A professor at the W. P. Carey School of Business at Arizona State University named Timothy Richards has calculated what the drought in California is going to do to produce prices at our supermarkets in the near future.  His projections are quite sobering


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TALK to your NEIGHBORS!…No, Seriously!

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The Adaptive Enemy & Adaptive Management


by Sam Culper

A large part of what made fighting in Afghanistan and Iraq so difficult is (just one part of a laundry list) that the enemy observes and adapts.  After the New York Times published the article that US Signals Intelligence (SIGINT) was picking up bin Laden’s and al-Qaida’s satellite phone calls, the organization started using couriers.  We lost that capability and therefore a very large advantage in collecting information and targeting senior leadership.

Improvised Explosive Devices (IEDs) evolved from simple command-detonated road side bombs to radio/remotely-controlled, victim-initiated, and infrared-triggered IEDs (to name a few).  There were daisy chains, offset command wires, offset battery packs, varying radio frequencies, low metallic pressure plates – Lord, the list goes on and on.  Every time we identified what was going on, the enemy would change up what they were doing.  For each Coalition Force (CF) countermeasure, there was an equal and opposite reaction, so to speak.  They were tricky sons of bitches and they killed a lot of Americans.

But that’s the nature of any enemy who sticks around.  One of my all-time heroes, Jack Welch, said, “If change is happening faster on the outside faster than on the inside, then the end is in sight.”  That goes for any adversary, but it goes doubly for you when you’re at any disadvantage.  (He also advised, “Change before you have to”).


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Ongoing Support Needed For Bundy Ranch

Bundy Ranch

The Bundy Family, and the supporters on the ground at their Ranch, including Oath Keepers, have put out the call for continuing support. Needed are:

  • Pop up tents
  • Sleeping bags
  • Food
  • Water

This will be a long struggle. The BLM and Harry Reid have stated that it is not over.  We Oath Keepers plan on being there as long as it takes.  Elias Alias, our Editor and Board member, is on his way to the Bundy Ranch today, for an extended stay. He’s 67 years old, and a Vietnam Vet, who still heeds the call of freedom.

Men and women, from all corners of the nation,  are rotating in and out of the Bundy Ranch. While they are there, they need our support. If you are going there yourself, please consider bringing extra supplies, such as the above. If you want to support our efforts with financial contributions, ($$$$), Use the form below:


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MUSINGS FROM THE MOUNTAINS: Nevada range war just the beginning

It all began in 1993 when the federal government discovered an endangered desert tortoise was living on land in Clark County, Nevada, that rancher Cliven Bundy was using to graze his cattle. Bundy hadn’t just moved his cattle into the area, his family had been grazing their cattle there since the 1870’s.  Enter the Bureau of Land Management (BLM). Apparently their responsibilities have increased from managing land to also include managing turtles.  They suddenly changed the grazing rules for 600,000 acres of land to protect the desert tortoise.  That must be one fast moving tortoise to cover all that ground.
The BLM told Bundy to move his cattle off the property.  He didn’t.  The government thought about it for 21 years and on April 5 decided to take action. Hundreds of armed federal agents with BLM and the FBI swooped down on Bunday’s operation and began an extensive cattle roundup operation. Their effort included backhoes, dump trucks, vicious dogs on leashes, helicopters, SUV’s, stun guns (one used on Bundy’s son),  barricades and the normal rifles and handguns. Bundy and his family were so dangerous that the government also established a “no-fly zone” over a 3 square mile area around the Bundy ranch. 
Within a week, with a goal of confiscating 1000 head of cattle, contracted wranglers had successfully rounded up 400 worth $400,000.  Bundy’s neighbors didn’t take kindly to these actions.  In fact, neither did people throughout the West. Within a week over a thousand Bundy supporters and militiamen from a multitude of western states, many dressed in camouflage, had mobilized and stormed the area on foot and horseback, armed to the teeth with handguns and rifles, to confront the government  invaders. A militia from Virginia also participated. Continue reading
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Another Example of Constitutional Usurpation

I admit that I ask questions to make people think. I also will ask questions to have an instructor explain a concept in more complete detail even when I know the answer if people attending the class are not grasping the concept or material. In some cases, this will result in condemnation or it will make me look stupid. But I am feeling stupid at this point (after all, I am just a racist teabagger for supporting the Constitution).

Based on the Constitution of the United States:

Article I, Section 8.17

To exercise exclusive Legislation in all Cases whatsoever, over such District (not exceeding ten Miles square) as may, by Cession of particular States, and the Acceptance of Congress, become the Seat of the Government of the United States, and to exercise like Authority over all Places purchased by the Consent of the Legislature of the State in which the Same shall be, for the Erection of Forts, Magazines, Arsenals, dock-Yards, and other needful Buildings;

So my question is simple: how did the United States federal government acquire 84% of the state of Nevada? I must have missed the amendment to the Constitution that includes the authority to steal land from an individual state for the purposes of reducing the number of ranches by charging fees by a new alphabet agency (BLM) to raise money to hire military contractors to threaten the people.

As we are beginning to understand, all of the rules and laws instituted by the federal government are not based in the Constitution of the United States. But then at what point is a state in this “union” still a sovereign republic under Article IV, Section 4: Continue reading

Posted in Civil Unrest, Domestic Enemies, Editorial | 2 Comments

Two More Victims Of The Retail Apocalypse: Family Dollar And Coldwater Creek

Family Dollar

by Michael Snyder

Did you know that Family Dollar is closing 370 stores? When I learned of this, I was quite stunned. I knew that retailers that serve the middle class were really struggling right now, but I had no idea that things had gotten so bad for low end stores like Family Dollar. In the post-2008 era, dollar stores had generally been one of the few bright spots in the retail industry. As millions of Americans fell out of the middle class, they were looking to stretch their family budgets as far as possible, and dollar stores helped them do that. It would be great if we could say that the reason why Family Dollar is doing so poorly is because average Americans have more money now and have resumed shopping at retailers that target the middle class, but that is not happening. Rather, as you will see later in this article, things just continue to get even worse for Americans at the low end of the income scale.

I was also surprised to learn that Coldwater Creek is closing all of their stores


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OPSEC Lecture / Q&A


by Sam Culper

I’ll be holding a lecture and Q&A session on Operations Security (OPSEC) issues on Wednesday, 24 April 2014.  It will start at 2100 (9pm) EDT / 1800 (6pm) PDT and last for about an hour; 45 minutes of lecture and 15 minutes of Q&A.  We can go longer if there are more questions than time allows.

You can listen via the web or by calling into the room.  It doesn’t cost anything.  We’ll max out at 100 listeners, unfortunately.  I may turn these talks into a podcast that you can download.  They’d probably be perfect for the morning or evening commute.

I’ll be posting the invite link on this blog on Monday so you can register.  Everyone will be able to register but only 100 can get in (platform maximum, sorry).  I don’t know whether to expect 50 or 500, honestly; although I’d do it for one.

If it goes well and you’re interested in hearing more, then we’ll work on scheduling future talks, maybe once or twice a month.  If you want to suggest topics or questions for the future then I can go ahead and start planning the material.


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Tax Dollars at Work: Attorney General Eric Holder Whines About Oversight and Accountability

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Liberty Movement Rising

by Brandon Smith

“Freedom had been hunted round the globe; reason was considered as rebellion; and the slavery of fear had made men afraid to think. But such is the irresistible nature of truth, that all it asks, and all it wants, is the liberty of appearing.”  – Thomas Paine

The label of “fringe” is a common one used by statists, bureaucrats and paid shills in order to marginalize those who would stand against government corruption. The primary assertion being sold is that the “majority” joyously supports the establishment; and the majority, of course, is always right.

The liberty movement, which is a collection of numerous freedom organizations and political activists brought together by a shared philosophical bond, has been accused of “fringe” status for quite some time. With corporatist dominance over the mainstream media for decades backing an elitist machine in Washington and a global banking cartel footing the bill with money created from thin air, any such accusation can be made to seem “real” to those who are unaware.

The problem has always been a matter of physical action giving rise to an acknowledgment of numbers.


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86M Full-Time Private-Sector Workers Sustain 148M Benefit Takers

Federal worker's t-shirt

Buried deep on the website of the U.S. Census Bureau is a number every American citizen, and especially those entrusted with public office, should know. It is 86,429,000.

That is the number of Americans who in 2012 got up every morning and went to work — in the private sector — and did it week after week after week.

These are the people who built America, and these are the people who can sustain it as a free country. The liberal media have not made them famous like the polar bear, but they are truly a threatened species.

The 147,802,000 non-veteran benefit takers outnumbered the 86,429,000 full-time private sector workers 1.7 to 1.

How much more can the 86,429,000 endure?


h/t Kevin D

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We Were a Shot Away from the Second Revolution


With that in mind, I have video from FOX News that you won’t see on any other news networks. FOX shares the first-hand account from a reporter who was at the scene of the armed standoff between the federal government and hundreds of American citizens in the desert near Las Vegas on April 12, and this reporter was so moved by the conviction of the patriots, he actually involved himself in trying to negotiate the peace.

FOX also gives some background on the dispute that caused ARMED citizens to converged on the scene to support and prevent armed agents of the Bureau of Land Management (BLM) from confiscating a private citizen’s cattle.

Make no mistake, it was not the hundreds of protesters who stopped the federal government from their actions. Had it just been unarmed protesters with signs and flags, the outcome would have been the same as any protest you have witnessed in our lifetimes. Protesters would have been ordered to disperse and those who did not would have been pepper sprayed, beaten, and arrested.

No, this protest was different. This was much more than a simple, unarmed protest. This time, there were citizens with handguns, shotguns, and rifles who would not back down and who demonstrated the willingness to use their guns against the government forces should the government fail to disperse.


h/t Jeff M

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SouthernPrepper1: Moral legitimacy to govern us has been lost

From YouTube:

MY prayers and support to the brave men and women that are frustrated and feel their backs are against the wall and bravely stood with Mr. Bundy.

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Feds Lock Horns with 68 Year-Old Rancher Over Land Use Laws

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Electricity Price Surged to All-Time Record for March

Electricity plant

The average price for a kilowatthour (KWH) of electricity hit a March record of 13.5 cents, according data released yesterday by the Bureau of Labor Statistics. That was up about 5.5 percent from 12.8 cents per KWH in March 2013.

The relative price of electricity in the United States tends to rise in spring, peak in summer, and decline in fall. Last year, after the price of a KWH averaged 12.8 cents in March, it rose to an all-time high of 13.7 cents in June, July, August and September.



And yet the Murphy Power Board (a subsidiary of the Murphy Mafia) charges 20 cents a KWH. This is what happens when there is no rule of law except in our own minds.

David DeGerolamo

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Intemperate Frauds

christian mercenary

by T.L. Davis

There are two divided nations known as the United States. The best known is the United States of America. This is the one we all believed in, fought to defend and continue to fight to restore. The other one is the Constitutional United States, where states claim their authority over the federal government. This is the one worth fighting for today.

Perhaps, something new will take the place of the once powerful United States of America, perhaps a few other things. What is known is that the current government, actually the employees of the United States of America, no longer faithfully execute their offices. They are frauds, using our funds, pursuing the oppression of the very sustenance of their power.

The first skirmish in the ultimate undoing of this currently established nation has taken place at Bunkerville, Nevada on the Bundy Ranch. This is no longer a cohesive society. Those in power are not representatives of the people, they have other masters those big donors, those influence peddlers and money laundering experts. The true fact is simple: powerful people give big money to politicians (not representatives of the people) who become elected to official office, take an oath and immediately violate the oath and use their position to push the campaign contributions back to the powerful donors. It is a way of cycling the money through the U.S. Treasury, returning many times the amount of the contribution. Nowhere in this scheme is the role of the citizen other than to cast ballots. Sure, a road might get paved, a bridge built but by who? The companies headed by those big donors, of course.


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Another Follower on Twitter


Just to be clear, I am not endorsing Mr. Tillis. I suspect his attention is due to my comments on the NRA video endorsing him.

David DeGerolamo


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Judicial Watch Obtains IRS Documents Showing Lerner in Contact With DOJ about Potential Prosecution of Tax-Exempt Groups

May 9, 2013, email reveals IRS plans to meet with Department of Justice over whether to prosecute groups that “lied” about plans for political activity 

(Washington, DC) – Judicial Watch today released a new batch of internal IRS documents revealing that former IRS official Lois Lerner communicated with the Department of Justice (DOJ) about whether it was possible to criminally prosecute certain tax-exempt entities. The documents were obtained as a result of an October 2013 Judicial Watch Freedom of Information Act (FOIA) lawsuit filed against the Internal Revenue Service (IRS) after the agency refused to respond to four FOIA requests dating back to May 2013.

The newly released IRS documents contain an email exchange between Lerner and Nikole C. Flax, then-Chief of Staff to then-Acting IRS Commissioner Steven T. Miller discussing plans to work with the DOJ  to prosecute nonprofit groups that “lied” (Lerner’s quotation marks) about political activities. The exchange includes the following:

I got a call today from Richard Pilger Director Elections Crimes Branch at DOJ … He wanted to know who at IRS the DOJ folk s [sic] could talk to about Sen. Whitehouse idea at the hearing that DOJ could piece together false statement cases about applicants who “lied” on their 1024s –saying they weren’t planning on doing political activity, and then turning around and making large visible political expenditures. DOJ is feeling like it needs to respond, but want to talk to the right folks at IRS to see whether there are impediments from our side and what, if any damage this might do to IRS programs.

I told him that sounded like we might need several folks from IRS…


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Heritage Life Skills III Registration

Heritage Life Skills III

Please get your registration forms in as quickly as possible.  Classes are filling up.  There is a limit to some of the classes.  I have only 1 slot left for Land Navigation on Friday and 6 for Saturday.  When these 7 slots are filled we will close the class.  Our instructor WILL NOT take additional students.

Don’t forget to plan on staying for Saturday night to meet Angry American.   He is the author of GOING HOME series.  Bring  your books to be signed or purchase them at the book signing!!

Sunday morning church service - “The Power of the Holy Spirit” – A Prepper’s Secret Weapon



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Obama picks gay bishop to wrap Easter Prayer Breakfast with invocation

When President Obama needed a preacher to fulfill the closing prayer duties at the annual White House Easter Prayer Breakfast, he turned to none other than the Episcopal Church’s first openly gay bishop — who said he was as shocked as anyone at the appointment.

The Right Rev. Gene Robinson said in a tweet, accompanied by a photo of Mr. Obama behind a podium at the event: “POTUS ‘preaches’ at the Easter prayer breakfast. Then, out of the blue, asks ME to close with prayer. OMG!”

More… (if you can stand it)

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“Prepping on a Budget” is now free through Sunday

Click here to get a free copy of Prepping on a Budget (good through April 20th).

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At What Point Will Obama Realize that He Was Played?

View image on Twitter

What is more disconcerting? The pResident’s incompetent foreign affairs policy or his failure to acknowledge that Putin is making Russia into the world’s next superpower. As we saw in the beginning stages of World War II, appeasement of the enemy only emboldens them. Do we have a Winston Churchill waiting in the wings to replace our Chamberlain? Has Obama effectively marginalized our military’s command structure as the rest of the world marches to war?

Ukraine may become the flashpoint. Or Syria. Or North Korea. But the endgame is still the same as the players jockey for world financial and military power. Blood is in the water as Kerry heads to Geneva for another round of “talks”.


A wise man recently told me two very important rules for life:

  1. Never do anything that is immoral, unethical or illegal.
  2. If you cannot personally change or impact a situation, move on.

We need to be cognizant of our situation. But we cannot let ourselves be distracted from the tasks at hand to prepare for our future.

David DeGerolamo

Tanks Flying Russian Flag Enter East Ukraine City

Continue reading

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EXSUM – 16 APR 14


Executive Intelligence Summary (EXSUM) 16 APR 14


A new take on Milgram’s torture experiments.

A new article from a social science publication and website investigates the infamous Milgram experiments of the 1960s.  Milgram, a scientist, conducted a series of experiments using dozens of Americans and published his findings that everyday people will commit atrocities against other human beings if they’re urged on by an authority figure.  Easy to believe.

But this new article points out that in at least one of Milgram’s experiments, not one individual was willing to harm another, even at the prodding and encouragement of authority.  And at a bulk average ‘success’ rate of 43%, the majority of participants (57%) disobeyed authority and either would not harm others or would not harm them to the extent that satisfied the authority figure.

The next time we think about the violent enforcement of laws (re: Bundy Ranch), we should look to this study and observe when and why Milgram’s participants were unwilling to cause harm to other individuals.  Let’s seek to replicate those conditions that made them unwilling to cooperate with authority and exploit the relationship between master and enforcer.  (NEEDS MORE ATTENTION.)

SOURCE: Social Science Space



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What Is Keeping Us in Check?

I do not know of a time in history where the ruling class has used their serfs to fund their power through redistribution. The Great Experiment where the people control the government has been usurped by evil. The fruits of our labor are stolen by our “government” and redistributed through entitlements to ensure their power base as the voters line up for more.

But then this is no secret. Both sides know this fact and the division between the “classes” is self-evident. What are the options of the moral side in these circumstances. Both sides will argue that they are moral but that is always the case when good vs. evil. Does “good” support abortion, infanticide, murder, theft, coercion, illegal spying or usurpation of power? Our course of action must be based on the same guiding principles as our forefathers with a firm reliance on Divine Providence. It is this faith that the other side mocks which has kept us in check.

Fear of the Lord is the beginning of wisdom. At some point the Lord will instill wisdom in the other side. When retribution replaces redistribution, we must ensure that our faith guides us, not revenge. The articles below show one delineation of these two “classes”.

David DeGerolamo


Continue reading

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NRA – Vote Tillis

This is why I endorse GRNC instead of the NRA. Endorsing Tillis over Brannon? You should have just endorsed Kay Hagan. Read the comments on YouTube for this video.

David DeGerolamo

Posted in 2nd Amendment, Editorial | Tagged | 1 Comment

Switching Sides: Ukrainian armored unit joins anti-govt protesters in east

From YouTube:

Ukrainian armoured vehicle crews have switched sides, joining the anti-government protesters in the East. Activists place a Russian flag on one of them.

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Nigel Farage: There’s No Consent for a ‘United States of Europe’

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Iran Unveils New Anti-Ship Cruise Missile

Iranian naval exercises / AP

Iran announced that it has armed its warships with a new generation of cruise missiles and warned the West that its response to “any threat” will be “more deadly and heavier,” according to regional media reports.

A top Iranian naval commander revealed on Monday that Iran has armed its coastal defenses and warships with a new, domestically produced cruise missile primarily used to destroy enemy ships.

These new “Ghadir cruise missiles” have been loaded onto “both destroyers and missile-launching warships of the Navy, and they are also used as coast-to-sea missiles,” Iranian Navy Commander Rear Adm. Habibollah Sayyari was quoted as telling the state-run Press TV.

The new weapons were unveiled just a day before a top Iranian Army Commander “downplayed the U.S. and its allies,” warning them that “in case of any threat, our response will be more deadly and heavier,” according to Iran’s Fars News Agency.



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Chuck Norris: 3 Myths About Thomas Jefferson

Thomas Jefferson

We patriots love to quote the Founding Fathers, especially when they support our theses. And Jefferson remains at the top of the heap. But there are three beliefs or practices often attributed to Jefferson that are either myths or cherry-picked partial views.

The first myth is that Jefferson was for big government. Nothing could be further from the truth.

Though Jefferson expanded U.S. territory through enactments such as the 1803 Louisiana Purchase, he knew that when it comes to expanding government, “the natural progress of things is for liberty to yield, and government to gain ground.”

The Miller Center at our third president’s own University of Virginia put it well:


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Pensions ‘Timebomb’ – 85% of Pension Funds Will Go Bust

The “pensions timebomb” keeps on ticking and as societies we become less prepared by the day.

Yet another report shows that the public pension system is in dire straits. This one comes from renowned investment manager Bridgewater Associates.

The study estimates that public pension funds will earn an annual return of 4% or less in the coming years due to near zero percent interest rates and financial repression. That, in turn, would cause bankruptcy for 85% of the pension funds within 30 years, the study warns.

Public pension plans now have only $3 trillion in assets to invest so that they can pay out $10 trillion of retirement benefits in coming decades, according to Bridgewater. The funds would need an annual investment return of about 9% to meet those obligations, the report says.

Many pension plans assume they will earn 7% to 8% annual returns, an assumption which is far too high. But even in the best case scenario of the pension plans achieving those returns, they will face a 20% shortfall, Bridgewater notes.

Bridewater looked at a range of different market conditions, and in 80% of the scenarios, the pension funds become insolvent within 50 years.

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Operation Outreach

christian mercenary

by T.L. Davis

Harry Reid says that “it’s not over” at the Bundy Ranch. Truer words were never spoken, thanks for the heads-up Harry. We know how these Marxists ghouls operate: it is never about the issues up front; it is about sheer, raw force and right now little Harry feels a bit impotent and chagrined at having been caught pulling a fast one. Harry isn’t used to having his dirty little deals exposed for the world to see. I suppose he got a few phone calls over the Bundy Ranch affair and feels the need to make a point, which is always the same. You heard it from J. Paul Vance in Connecticut: “I am the master.” What then does that make of us…slaves?

Yes, that is exactly who we are and the government has thousands of overseers with whips and rifles to make sure we never forget it. They ride herd with all the power and all the advantages a wealthy nation can provide. To them, we are but livestock being herded through life to serve them and provide for them…and to kneel before them.


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Baghdad buttresses defenses ready for wholesale Al Qaeda assault on city

Drying banks of the Euphrates dammed by al Qaeda

Drying banks of the Euphrates dammed by al Qaeda

The Iraqi army began buttressing its defense lines on April 12 to save parts of the capital city of Baghdad from the approaching danger of falling to al Qaeda’s Islamic State of Iraq and the Levant (ISIS). Iraqi intelligence reports that terrorist forces have broken through into the city’s western outskirts and preparing to head out to other parts of the city of more than seven million and the Green Zone government headquarters.

In addition to the lethal bombings and shootings which have reduced the country to misery, DEBKAfile’s counter-terrorism sources describe a more insidious ISIS tactic of conquest: Armed al Qaeda fighters in brown military fatigues are going around Baghdad city quarters distributing candy to children. Notes attached to the packets invite their parents to attend “repentance” rites, which are really oaths of adherence to al Qaeda.

Six years ago, the contest between US troops and al Qaeda’s savage Iraqi commander, the Jordanian Mussab Al Zarqawi, ended in his death at American hands and saved Baghdad. Two years ago, President Barack Obama ordered US forces to shake the dust of Iraq off their boots.

Now the Americans are back – only now they are not US soldiers but jihadi fighters of al Qaeda, fighting to overrun Iraq and establish an Islamist state there. They are pushing towards Baghdad after seizing the western province of Anbar, the city of Tikrit and the eastern province of Diyala on the border of Iran.


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Mark Levin’s “liberty” amendments: legalizing tyranny

Click to enlargeBy Publius Huldah

For 100 years, the federal government has usurped powers not delegated to it in our Constitution.

What should we do about it? Should we reclaim our existing Constitution and put an end to the usurpations?

Or should we “modernize” the Constitution by delegating to the federal government the powers it has usurped – so as to legalize what is now unconstitutional?

Mark Levin begins “The Liberty Amendments” by saying he doesn’t believe the Constitution requires “modernization through amendments.” But he then proposes a series of amendments, six of which modernize our Constitution to delegate to the federal government most of the powers it has usurped during the last 100 years.

And each of his six amendments does the opposite of what its title promises. I’ll show you.


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Could Putin Crash our Economy? What Should We Do About It?

Counter Terrorist July 2013


Two of the biggest news stories of the year are 1) the Russian invasion of Ukraine, and 2) the debate over High-Frequency Trading following the publication of Michael Lewis’ new book Flash Boys. While the two stories seemingly cover very different topics, from the view of global economic warfare, the two are highly related.

As we have shared at numerous points, Russia’s invasion of Crimea has been accompanied by dramatic threats of cyber-economic warfare from both sides. From the American side, we have introduced a series of sanctions and promised escalation as needed. The Russian threats have been even more dramatic. They have indicated a willingness to destroy our financial system and even bring down the dollar as reserve currency. Presumably, this would include  a serious market crash. Interestingly, Voice of Russia used the words “secret weapon” (perhaps borrowing from the title of our first book) to describe the economic attack they threatened to unleash against our economy.


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Gold Futures Halted Again On Latest Furious Slamdown

It seems the two words “fiduciary duty” are strangely missing from the dictionary of the new normal’s asset management community. This morning, shortly before 8:27am ET, someone decide that it was the perfect time to dump thousands of Gold futures contracts worth over half a billion dollars notional. This smashed Gold futures down over $12 instantaneously, breaking below the 200DMA and triggered the futures exchange to halt trading in the precious metal for 10-seconds. Palladium also got clobbered and was also halted. This is gold’s worst since Bernanke ‘tapered’ in December.


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This Chart Shows Us How Bad The Economy Really Is: “Flashing Red Warning”


by Mac Slavo

Forget about all the minute-by-minute noise for a moment and take a look at the following chart. It gives a very simple overview of earnings growth trends for stocks listed on the S&P 500 on a quarterly basis.

Last year saw what analysts would call fairly robust growth, and they had no problem citing these numbers for evidence of economic recovery.

We’re curious what they’d call it now, considering this chart shows a massive collapse in earnings per share growth across the board.

Pay close attention to that yellow line, which indicates growth (or lack there of) for the first quarter of 2014. According to Zero Hedge this is a Flashing Red Warning as earnings growth plunges to its lowest levels since 2012:

While the so-called “experts” were adamant in repeating that one must ignore all Q1 economic data (because of harsh weather you know), one thing the same “experts” pounded the table on was the earnings growth in 2014 which confirmed that the Fed was correct in tapering and that the corporate sector was well on its way to achieving “escape velocity” and a stable recovery. And then this happened…


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Snowden reporters win Pulitzer

The Pulitzer Prize for public service was awarded Monday to The Washington Post and The Guardian, which broke the story of National Security Agency surveillance programs leaked by Edward Snowden.

In giving U.S. journalism’s top prize to the Guardian and the Post, the Pulitzer committee delivered support for Snowden and Glenn Greenwald, the former Guardian journalist most associated with the story, while offering a rebuke of the government.

The Pulitzer board called out the Post for its “authoritative and insightful reports that helped the public understand how the disclosures fit into the larger framework of national security,” and the Guardian for “helping through aggressive reporting to spark a debate about the relationship between the government and the public over issues of security and privacy.”


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Good Morning to New York’s 1 Million New Illegal Gun Owners

I Will Not Comply New York

Governor Cuomo awoke this morning to a massive problem, one million plus new felons, all armed with scary, high capacity, assault weapons!

An estimated million plus, formerly law abiding, gun owners have refused to comply with Cuomo and down state Democrat’s naive belief that the NY Safe Act, passed in a so called emergency session of the New York legislature, could force free people to register their hard earned property.

The New York Safe act, passed without public comment in the dead of the night, was a direct attack on law abiding, tax paying, owners of legal guns.  Now, New York Democrats have no idea on how the state will resolve this problem as they have neither the resources or in many case the backing of law enforcement to round up this massive group of dissenters.


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Privatization of the US Prison System

Privatization of the US Prison System. An Infographic from

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