The Survival Podcast – 10/22/13

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The New Normal?

by Jim Quinn of The Burning platform

The only fool willing to buy negative yielding Treasuries is none other than Ben Bernanke. He thinks they are the investment of a lifetime. He is so sure they are a can’t miss investment, he buys $2.5 billion of them per day, which just so happens to be the government deficit per day. Ben now has $3.8 trillion of bonds on his books, versus $900 billion in 2008. His balance sheet is leveraged 60 to 1, versus the 30 to 1 of Lehman and Bear Stearns prior to their implosions. When even the hint of reducing bond purchases from $85 billion per month to $75 billion per month caused 10 Year rates to jump from 1.5% to 3% in a matter of weeks, you realize how “normal” our economy and financial system is functioning.

If our financial system was functioning normally and free market capitalism was allowed to operate according to true supply and demand, the 10 Year Treasury would be yielding 4% to 5% and 30 year mortgage rates would be 6% to 7%. Think about that for a minute. This scenario was normal from 2002 through 2007. That is what normal looks like. Now open your eyes and observe what your owners are telling you is normal. The slight increase in mortgage rates from 3.5% to 4.5% has brought the Wall Street buy and rent housing recovery scheme to it knees. Imagine if mortgage rates were allowed to rise to their true market rate. Housing would collapse in a heap.

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Why Is the NSA Still Down?

nsadown

The NSA issued a statement Friday night that they were not the subject of an external attack:  “an internal system error caused its website to go down for several hours Friday during a scheduled update”.

The “problem would be resolved Friday night” statement seemed to be premature since their site is still down as of 11:15 AM, Saturday, October 26th, 2013.

David DeGerolamo

NSA denies website was hacked, cites internal error

The National Security Agency says an internal system error caused its website to go down for several hours Friday during a scheduled update.

There had been speculation on the Internet that the online site had been hit with a denial-of-service attack, but the agency said that was not true.

The NSA said the problem would be resolved Friday night.

After the website went dark, a Twitter account affiliated with the hacker group Anonymous appeared to claim responsibility.

A tweet from the handle @AnonyOps read, “Aww don’t panic about nsa.gov being down. They have a backup copy of the internet.”

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In Response to “A Patriot Without a Country”

I received the following email concerning my post “A Patriot Without a Country“:

Your analogy between this “Planet of The Apes” baboon and Germany and Hitler in the nineteen thirties is ludicrous in the extreme.  It only illuminates the fact that you have been totally brainwashed and propagandized by the inconceivably corrupt, Zionist-controlled media that has done everything it can to completely misrepresent Germany and World War II.  The  only real truth about this period is that Germany made a heroic stand against the Marxist-Zionist, ultimate totalitarianism that butchered seventy million people.  If you want to compare this weaselly, Zionist pseudo-president it should be to the Zionist Lenin.  If England and the Scandinavian countries had aligned themselves with Germany, they could have crushed Marxist-Zionism like the collective maggot it was and is, in which case this nightmare world of Zionist, usurious creation would have never existed.  We do not have a Nazi government today in the United States of Marxism.

It might be of interest for you to note that International Jewry declared war on Germany in 1933, calling for the international boycott of all German products and the complete destruction of the German economy and culture.  They declared a holy war against Germany, which was covered by every major paper in the world, although most of them have expunged, in Orwellian fashion, the existence of the coverage of this holy war declaration.  Such a declaration made every so-called Jew in Germany an alien subversive who could have been summarily executed for high treason at any time.
You need to go back and study the history of the early twentieth century from an epistemologically precise perspective that isn’t tainted by the Orwellian-Zionist butchery of history.  It might be of interest to you to know that these Kol Nidre, pathological lying Ziionists claimed a dozen times that six million of them had been killed.

I bolded the second sentence but everything else is unchanged. I guess I have a new label to add to the list.

David DeGerolamo

Posted in Editorial | 4 Comments

With Regard to Changes In The Air Force Oath …

atheists-muslims

Source

Posted in Editorial | 1 Comment

Matthews: ‘If We Get a Fact Wrong [on Hardball], We Are Being Dishonest and Incompetent’

httpv://www.youtube.com/watch?v=mGUbMbbzRTk

Posted in Editorial | 2 Comments

What Went Wrong?

httpv://www.youtube.com/watch?v=tP3Rv-nib5M

h/t K

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NSA Hacked

nsadown

The flagship of illegal international surveillance has been hacked. Which leads to some questions:

1. Can the water be turned off at the Utah Data Center which would shut it down?

2. Can Angela Merkel’s illegally taped conversations be released?

3. Can [fill in the blank]’s illegally taped conversations be released?

4. Can we find out what the regime used to blackmail John Roberts’ betrayal of the Constitution?

5. Can we find out the truth about Benghazi?

6. Can we find out why Michael Hastings was murdered?

7. Can we find out why Gen. Keith Alexander is leaving the NSA?

8. Can we find out if individual’s information from healthcare.gov is now available for identify theft?

9. Can we find out who forged the pResident’s birth certificate on whitehouse.gov?

10. Can we finally acknowledge that Edward Snowden was telling the truth and that the NSA has been illegally spying on everyone.

So many possibilities.

David DeGerolamo

Related Article:

NSA Website Allegedly Hacked Ahead Of “Stop Watching Us” Rally

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Former US Treasury Official – Expect Frightening Black Swan

Interview with Dr. Paul Craig Roberts

Today a former US Treasury Official warned King World News that investors around the world need to be prepared for a frightening “black swan” that will shock the financial world.  He also cautioned, “the whole (global financial) situation is headed to hell in a hand basket.”  Below is what Dr. Paul Craig Roberts had to say in part I of his powerful interview series.

Dr. Roberts:  “A lot of people think of ‘entitlements’ as welfare, but (these) ‘entitlements,’ strictly speaking, are welfare and medicare, and both are funded by the payroll tax.  They are not unfunded, and they are not welfare.  The current payroll tax is 15% of welfare and that goes to fund these programs.  These programs are not the problem.  For the last 30 years, the federal government has been collecting far more social security revenues than they have paid out in social security benefits — the difference is about $2 trillion.

So, what happened to this $2 trillion?  Is it safely in the bank for social security?  No.  The Treasury took it and spent it, and stuck in its place non-marketable I.O.U’s.  So, what’s in the Social Security Trust Fund is $2 trillion of non-marketable Treasury I.O.U.’s….

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h/t Tom R

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China’s Gold Reserves At Least 2.5 Times Higher Than Reported, ‘De-Americanisation’ Continues

Comments from state backed Xinhua that call for a “de-Americanised world” and a proposal to consider a new international reserve currency to replace the dollar mark a key event for gold prices.

The official Xinhua News Agency and the voice of the Chinese government, offered a not so subtle, highly critical commentary on October 14 regarding the U.S.’ appalling fiscal, monetary and political situation as it stands today.

While the Chinese echoed the notion of a “super-sovereign reserve currency” before, their statement is more important as the U.S. continues to struggle to reach agreements on debt ceiling talks and future monetary policy actions.

“It is perhaps a good time for the befuddled world to start considering building a de-Americanised world” said the important op-ed.

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7.3 Magnitude Earthquake Hits Japan – Tsunami Warning Issued For Fukushima

Tsunami warning region (yellow):

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A Patriot Without a Country

I have no problem making the analogy of Obama to Hitler. Although the Nazi party only won 33% of the seats in the Reichstag in 1932, Hitler was appointed chancellor in 1933. A majority of Germans were left wondering how Hitler had taken control of their country as are American patriots today with Obama.

Obama did win the election in 2012 by voter fraud, media bias and buying votes through government entitlement programs. And apathy. But the results are now evident: a bankrupt economy, a police state, illegal surveillance throughout the world and a complete disregard for the rule of law. Where does that leave me?

I will not acknowledge this pResident as my President. For those who self-righteously spout “He Won”, my response is simple: our Sovereign rights supersede the ambitions of the federal government. War is coming.

David DeGerolamo

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There Is Only ONE Peaceful Path Left To Avoid Destruction

by Karl Denninger

Folks, if you have read me recently you know that I’ve said that you are the problem and that the reason this is true is that you won’t go on strike, you won’t picket DC and refuse to leave until the government stops stealing from you and debasing the currency, you won’t reduce your spending and income to only that which provides necessities, and most of you go on to justify your behavior with “my kids (and/or family) deserve what I can provide.”

You’re fools and I’m going to prove it.

Further, I’m going to prove — by arithmetic — that if you follow the above path you will destroy yourself along with your children and grandchildren.

Here’s why.

There were 108,592,000 people in the United States in the fourth quarter of 2011 who were recipients of one or more means-tested government benefit programs, the Census Bureau said in data released this week. Meanwhile, according to the Census Bureau, there were 101,716,000 people who worked full-time year round in 2011. That included both private-sector and government workers.

None of the people getting means-tested government benefits will ever vote to reduce them, nor vote for any politician that will reduce them.

But it’s factually much worse than it first appears because federal government workers will not vote to fire themselves either, just as the 17th Amendment (ed: The worst thing to ever happen to this country) is inviolate because The Senate will never vote to fire itself.

So we must in fact subtract 21,880,000 from the full-time worker count.

In other words you’re outvoted by 36%.

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h/t Hans

Related Article

Game Over – The Transformation is Complete

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Kirsten Powers admits her premiums will double under Obamacare

httpv://www.youtube.com/watch?v=WJe7hgeP3Hw

From YouTube:

Kirsten Powers was on with Megyn moments ago to talk about Obamacare. She admitted that she is one of many Americans who has been booted off her insurance and who has now has to go on to the DC exchange. Her premiums will double from $160 to $300 a month under Obamacare with a $2500 deductible.

Posted in Editorial, Health Care | Tagged | 2 Comments

Iran Announces 34 New Nuke Sites

Suspected Iranian nuclear facility / AP

Iran plans to build many new nuclear plants with atomic reactors along its coastlines with the Persian Gulf and Caspian Sea, Iran’s top nuclear official announced on Thursday.

The announcement comes just a week after Western nuclear negotiators claimed that Iran was giving ground in talks aimed at ending Tehran’s contested enrichment program.

Iranian leaders, however, have remained defiant in the face of talks, announcing on Thursday that Tehran will build “enough atomic reactors to generate a total of 20,000 megawatts of electricity by 2020,” according to the country’s state-run Fars News Agency.

Top Iranian leaders and those involved with negotiations have also been quoted in the Persian language press as rejecting key details of the proposed nuclear deal.

Iran also announced that it was China’s largest oil supplier in the month of September.

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