NC Renegades

The stock market continues to flirt with new record highs, but the signs that we could be on the precipice of the next major financial crisis continue to mount.  A couple of days ago, I discussed the fact that the U.S. dollar is experiencing a tremendous surge in value just like it did in the months prior to the financial crisis of 2008.  And previously, I have detailed how the price of oil has collapsed, prices for industrial commodities are tanking and market behavior is becoming extremely choppy.  All of these are things that we witnessed just before the last market crash as well.  It is also important to note that orders for durable goods are declining and the Baltic Dry Index has dropped to the lowest level on record.  So does all of this mean that the stock market is guaranteed to crash in 2015?  No, of course not.  But what we are looking for are probabilities.  We are looking for patterns.  There are multiple warning signs that have popped up repeatedly just prior to previous financial crashes, and many of those same warning signs are now appearing once again.

One of these warning signs that I have not discussed previously is the wholesale inventories to sales ratio.  When economic activity starts to slow down, inventory tends to get backed up.  And that is precisely what is happening right now.  In fact, as Wolf Richter recently wrote about, the wholesale inventories to sales ratio has now hit a level that we have not seen since the last recession…

More…

Hitler Finds Out About Brian Williams

h/t Zerohedge

Have you read about the latest infringement by the minions of your pResident ?

Bureau of Alcohol, Tobacco, Firearms and Explosives unexpectedly announced today that it intends to ban commonplace M855 ball ammunition as “armor piercing ammunition.”

Where do you see the phrase “sporting purposes” in the language of the Second Amendment ?

Image stolen from Blue’s Blog

Previously posted on Liberty’s Torch

Tens of thousands of Yemenis demonstrated in several cities on Saturday against the rule of the Shi’ite Muslim Houthi movement whose gunmen fired on protesters in the central town of Ibb and wounded four, medics said.

It was the second day of nationwide demonstrations against the Iranian-backed Houthis in less then a week after its dissolution of parliament this month unraveled security and sent Western and Arab embassies packing.

Activists said they were enraged by the death on Saturday of Saleh al-Bashiri, who they say was detained by gunmen as they broke up an anti-Houthi protest in Sanaa two weeks ago and was released to a hospital with signs of torture on his body on Thursday. There was no immediate comment from the Houthis.

More…

~~~~~~~~~~~~~~~~~~~~~~~~

How will we act when our time comes? Or will we react?

We will look back on this time (at least some will be able to look back) and chastise ourselves for not seeing the obvious. No man is more enslaved than the one who thinks he is free. For those of us who are supporting our captors with taxation and obedience, all we have to do is ask a simple question. Do we think our children will be free?

At every criterion, the next generation will not be free under the present government. There is no need to review the amount of debt they already owe. Regulations and laws to keep everyone safe are growing exponentially. Our source of information through the media is censored and we are subjected to misdirection instead of reality.

So I ask again: How will we act when our time comes?

David DeGerolamo

Somewhere, everyday in the USA, 2100+ people use a gun for self defense, to stop a crime or save the lives of themselves or their family.

“We believe that the American public deserve to understand that on the average, guns save 2,191 lives and are used to thwart crimes every day,” says Alan Gottlieb of the Second Amendment Foundation

Most times you won’t see these tales on the news as it does not fit the main stream media’s story line of “Guns and Gun Owners are Bad“.

This is just one of those stories:

More…

I signaled the two junior members of the patrol, Al and Andy, to pull security while Jim and I lay on the ground behind our rucks, close to the southern edge of our RON.

“Jim, I said quietly, show me today’s route.”.

Jim pulled out his map case, opened it and studied the map under the clear plastic cover for a few minutes.  Then, looking around into the thick fog enveloping us, he struggled to get his bearings from the terrain around us in order to orient the map. Finally he gave up due to the poor visibility, he couldn’t see any terrain features. He took his primary compass from the same case and after opening the top, he placed it on the map with one edge of the compass lined up with the maps north-south grid lines. He rotated the map until the needle and the lines matched up. Satisfied, he lifted the compass to his eyes, rotated to the right a few degrees and nodded in the direction of a large oak tree about 50 meters outside the thicket.

More…

NCRenegade.com has migrated to a new server which should solve some of the recent performance issues. While this migration is being “tweaked”, some images and broken links may be found. Sorry for the temporary inconvenience.

David DeGerolamo