January 2012

1.31.12 V of Galt Doomer Tuesday: I reveal the winner of the Florida Republican Primary before the Networks

By John Galt January 31, 2012 – 18:15 ET And of course a financial update, all the news that’s fit to put the average person on a Xanax and Jack diet, and the story behind why your preparations may not be enough considering the approach the powers that be have in mind for individuals who fail to abide by their edicts. Tune into DOOMER TUESDAY at 8 p.m. ET tonight to find out more… YOUR CALLS TONIGHT ABOUT WHAT YOU ARE WITNESSING AT THE LOCAL LEVEL ARE INVITED AT: 877-213-6404 Just…


All of the Prepetorials have been Restored thanks to Raging Ray

by John Galt January 30, 2012 19:45 ET A HUGE thank you to one of my listeners who goes by the handle of “Raging Ray” who found my missing Prepetorials and emailed them to me. The entire series is now available as a separate page or you can click on what you have missed by following the links below. Thank you one million times over Ray! Prepetorial#13: “Protect Our Resources” Prepetorial #14: “The Arctic Express” Prepetorial#18: Vienna Weiners



1.30.12 – CalOkie Bank Failure Page Update

by John Galt January 30, 2012 18:00 ET The bank failures on Friday indicate that Turbo Timmy and his boys have some money to play with now and the disaster of massive bank failures might have receded in 2010-2011 but this is 2012 and selective strikes against ‘red state’ political points for attack or worse, to create panic before the upcoming election. CalOkie is documenting the onslaught at this portion of JohnGaltFLA.com: CALOKIE’S FDIC Bank Failure Data Check out the graphic below and the link above for more info on the…



Prepetorial #26: They Took a Village

by John Galt January 29, 2012 21:00 ET   Remember, the first portion in italics is fiction; for now.   Mayor Troy Alderson was confident that the 2015 spring harvest would save his community from a winter food crisis this time. The weather in Northern Kansas was unusually bitter this past winter but the rains came as needed when spring arrived and for once the corn, beans, wheat, and vegetables were projected to yield so much more than in the past decade. He figured it was because everyone in the small…


2011 Housing Report: The Worst Year in Modern History

by John Galt January 29, 2012 22:00 ET There will be great discussion about the “recovery” of 2011, but the reality of just how dire the economy is for Main Street is best defined by the one asset the average soul attempts to hold up as their primary investment, the single family house. Unfortunately for the political elites, the disaster which was housing in 2007 is not much better in 2011 and in fact appears to be taking a sharp, decisive turn to the downside for a final impact crater which…


1.27.12 FDIC Friday: 4 Failures as of 7 p.m. EST in FL, MN, TN

by John Galt January 27, 2012 19:30 ET   I guess Turbo Timmy has given the FDIC the green light to shut down some of the insolvent masses. One wonders how long the authorities will let some of the insolvent regional banks operate now. Click on the bank’s name to read the FDIC report below: BankEast,  Knoxville, TN Patriot Bank Minnesota, Forest Lake, MN Tennessee Commerce Bank, Franklin, TN First Guaranty Bank and Trust Company of Jacksonville, Jacksonville, FL


How Ron Paul Lost my Vote Tonight

by John Galt January 26, 2012 22:15 ET   On Sunday night, January 29, 2012, I’ll point out the voting records and “warts” of all the candidates in one posting. For the record, none of them are conservatives in the traditional “Republican” or “Goldwater” sense of the word. In fact Dr. Paul actually was winning the night until the comment I heard below, which yes, I did take out of context, but this is a flub, an error, which is unforgivable in my book. By “empathizing” with individuals and groups who…


Bank Failure Friday Bottom Bounce?

By CalOkie 1/23/2012 For those of us watching, last year was became very predictable. Predictable meaning last year’s monthly bank failure DIF cost totals, followed a well established 17 month pattern which had started in 2010. When the pattern broke, bank failures and DIF cost plummeted.  We sort of hit a BOTTOM for the last 8 weeks.   Since it appears that we are not out of harms way economically …… from the bottom the only direction is UP.  Just my thoughts.   Last Friday January 20th we had three bank…


1.24 AEP: EU ratchets up pressure with Greek default threat

by John Galt January 24, 2012 19:45 ET Tonight’s story from Ambrose Evans-Pritchard in the U.K. Telegraph should send a chill down everyone’s spine: EU ratchets up pressure with Greek default threat (Click on the title above to read the story in full)   The excerpt that should disturb the average soul: “We’re sending a direct message to Greece that the community expects more. We’re not pleased and only when there’s a written message on the table in front of us, can further assistance be discussed,” she said. The head of…


1.24.12 V of Galt Doomer Tuesday: Use it, or Lose it

By John Galt January 24, 2012 – 18:45 ET It would appear the end game has been accelerated. There are rumor swirling of VIPR interstate inspection stations being planned. There are rumors of banking issues causing cash usage restrictions. There are rumors swirling about large numbers of  U.S. troops being repositioned for active duty inside the United States. And there are somewhat viable rumors of NATO deployments in and around Greece in anticipation of a major problem. What does this mean for the average U.S. citizen? Tune into DOOMER TUESDAY at…


Prepetorial #25: No Exit Ahead

by John Galt January 24, 2012 17:00 ET   It has been a few years since I wrote the initial 24 part Prepetorial series and I feel like I never really finished the writings with a climatic finish. I remind everyone that the first portion in italics is a fictional account of a potential future event and how I perceive one might prepare for that situation. While the technology exists for everything described in the fictional portion below, the legal implementation indicated in the story has not happened. Yet.   Our…


1.22 AEP: America overcomes the debt crisis as Britain sinks deeper into the swamp

by John Galt January 22, 2012 17:35 ET   Too bad Ambrose Evans-Pritchard in tonight’s U.K. Telegraph commentary doesn’t recognize that America is doing this with smoke, mirrors, and hopium. To read the article in full, click on the link below: America overcomes the debt crisis as Britain sinks deeper into the swamp Needless to say, this faith in the U.S. economy and it’s idiot politicians will not end well but don’t remind Ambrose of this fact. We’ll be in as bad a shape as Europe when it hits the fan.


The United Kingdom Introduces the idea of a “Mansion” Tax

by John Galt January 21, 2012 22:45 ET   The U.K. Telegraph’s lead story at this moment is what I would term a shocker of an idea soon to come to the United States in a desperate attempt to raise funds to stabilize the real estate industry and prevent lower income homeowners from losing their homes due to foreclosure or delinquency: Vince Cable calls for mansion tax in next Budget (click on the title above to read the story in full) Excerpt: Vince Cable, the Liberal Democrat Business Secretary, is pushing…



With Newt winning South Carolina the Circus is Coming to Town in Florida

by John Galt January 21, 2012 19:40 ET Just ugh. For my fellow Floridians the circus is coming to town and I’m not referring to the candidates for the Republican nomination for President, I’m talking about the media. Of course as I watch the various cable news channels now and Fox News trots out its “conservative” analysts to offer excuses for Romney’s poor performance and reasons why Florida “should” vote for the liberal elitist from New England. After all, we can’t have an establishment candidate lose with all the support of…


The Cure to New York City’s Gun Control Insanity

by John Galt January 21, 2012 16:40 ET The primary election debates this week and upcoming vote in my home state of Florida have given me some time to reflect on the issues of the day. One issue which weighs heavily on my decision is the record of the candidates and their votes regarding gun control laws and Second Amendment issues, which automatically disqualifies Mitt Romney from my list of potential Presidential candidates with his checkered past as Governor of Massachusetts. Meanwhile, the stories which jumped off of the pages as…


FDIC Friday is back: 3 failures by 6:15 p.m. ET

by John Galt January 20, 2012 18:20 ET   I guess the FDIC was able to convince Turbo Timmy to allow them to use a little bit of the DIF so they can close some real small lemons. Click on the links to read the details and check out CalOkie’s updated page on Monday to see the full gory details once the dust clears.   Central Florida State Bank Bellview, FL The First State Bank Stockbridge, GA American Eagle Savings Bank Boothwyn, PA


1.20 V of Galt Survival Hour: The Very First item to Vanish when TSHTF

By John Galt January 20, 2012 Live 8 p.m. to 9 p.m. EST TONIGHT: Tonight we’ll start the program with a quick and dirty financial report then a discussion and contest about the very FIRST item to disappear when TSHTF, the world goes MadMax, or Jericho becomes a reality TV show (whatever you want to call it). Then I’ll offer my input and take the listeners calls on ideas on how to obtain that item and protect it at all costs. To call into the program dial: (877)213-6404 or (812)307-4363. Just…


1.19 AEP: Portugal is heading into a Grecian Spiral

by John Galt January 19, 2012 23:00 ET As the markets continue their drunken ways, Portugal is sending out a distress signal. Ambrose Evans-Pritchard’s story this morning from the U.K. Telegraph heralds this warning clarion in graphic detail: Portugal to need “debt haircut” as economy tips into Grecian downward spiral (Click on the title to read the full article The excerpt which should set off alarm bells in bankster’s offices from Brussels to Berlin: The problem is the slow-burn threat of debt-deflation. Interest costs for Portuguese companies are painfully high –…


My Defense of Newt Gingrich

by John Galt January 19, 2012 22:30 ET 2 Corinthians 5:10 English Standard Version (ESV) 10. For we must all appear before the judgment seat of Christ, so that each one may receive what is due for what he has done in the body, whether good or evil. This morning on talk radio across the dial, a blistering attack was launched by both conservative and liberal talk show hosts unleashed an attack on Newt Gingrich’s affairs and flaws in his personality after the drive by character assassination attempt from the mainstream…


1.19 Islamist Winter Update: 5 Unemployed Moroccans Self-Immolate in protest

by John Galt January 19, 2012 21:50 ET As America’s clock advances forward into the election season, the memories of the streets erupting in “democracy” across the Arab world will soon be forgotten. The misguided belief that the United States would hold sway or any influence on the outcome of the so-called revolutions away from radical Islam has been eradicated by the creation of two Sharia based regimes in Egypt and Tunisia with more on the way. Sadly, one of America’s historic and most enduring allies in North Africa is now…


1.19 8 p.m. ET Voice of Galt: I defend Newt Gingrich

By John Galt January 19, 2012 18:25 You’re eyes are not deceiving you! Yes, tonight, I shall defend the former disgraced Speaker of the House in the first 30 minutes of my radio show. Will it change my vote in two weeks during the Florida Republican Primary? Tune in to find out. Just click on the banner below to find the various audio players to listen or to participate in the chat room with like minded Americans.


The Markets have voted on the Greek Bail out talks: 454% for a 1 year bond Yield

by John Galt January 19, 2012 05:30 ET   Based on the 1, 2, and 10 year bond yields in Greece, the markets are voting on a Greek default. So ignore the MSM and Financial media nonsense that is spewed today and prepare for a shock wave to hit the banksters around the world in the next 60 days. Next up after Greece are Ireland and Portugal.


And another American Icon Files for Bankruptcy

by John Galt January 19, 2012 05:20 ET If this isn’t an indication or sign of just how far our nation has evolved, I don’t know what is. Polaroid and Kodak executives chuckled when they were warned over a decade ago that digital cameras were the future, yet they, like many other American executives persisted in the “it can’t happen to us, people will always need our products” mentality. Unfortunately, that mentality is pervasive in our government and still in many other corporations except this time the G.M. trick of insuring…


Let the Good Times Roll

Let the Good Times Roll By CalOkie 1/18/2012 Oh where… oh where has the FDIC gone? It appears today that FDIC is becoming as useful as the Maytag repairman from yesteryear. For you out there to young to remember, the Maytag man was the guy in the television commercials from the late 60’s thru the late 80’s who portrayed a repairman with nothing to do… sad and lonely. For the past eight weeks the FDIC has not had much to do. Four weeks ago they closed 2 small banks with a…


Everything Went Black

by John Galt January 18, 2012 05:17 ET Imagine a world where everyone in power controlled the ability to disburse information, control research, and limit a citizen’s ability to express themselves using their God given right to free speech. Imagine the leader of freedom in the world sponsoring acts to limit and censor the Constitution and make it a crime to engage in acts which might criticize their government or a business for corruption. Imagine being arrested for making a blog entry, a posting on a social networking site, or a…


Kill, Kill, Kill, Kill, Kill the Poor: The EU Decides to Sue Hungary

by John Galt January 17, 2012 19:50 ET For my generation, the Dead Kennedys were the ultimate rebel punk band, spitting on the establishment and dismissing the elitists of the day as warmongering scum. Thus when I saw the headline and story from Xinhua tonight, the song seemed oh so perfect as the European banksters have elected to roll a bum and beat the hell of a destitute like a group of meth head teenagers bored on a Saturday night in any American city.   EU takes legal action against Hungary…


1.17 U.S. Market Preview: Gadzooks its the PBOC Bazooka

by John Galt January 17, 2012 05:20 ET The ChiComs broke out the heavy weaponry but then again, didn’t yours truly say they could do this? Yes, I did and reports are that China injected $30 billion into their equity and financial markets to insure that the selling would be stemmed regardless of the economic figures manufactured by the government. The one consistent result when governments monetize debt like the EU and Federal Reserve and interfere in the natural direction markets wish to go is that gold skyrockets and sure enough,…


Chinese GDP comes in Hot at +8.9% Year over Year; +9.2% for all of 2011

by John Galt January 16, 2012 09:25 ET The Chinese data came in a tad hot and now the doubts about the need for the Chinese authorities to ease comes into play. If the ChiComs fail to ease the Western economies already floundering might indeed see a deeper reduction in economic growth as the Chinese tap down inflation fears and continue to buy commodities on the cheap using their massive foreign reserves.


More UK Retailers abandon the World Reserve Currency to pay their suppliers in Yuan

by John Galt January 15, 2012 20:20 ET   Have no fear, the dollar will always be here! Or is that Underdog? The truth is in the migration away from the U.S. Dollar and into every possible currency but Mr. Bucky as the Federal Reserve has elected to monetize every freaking dime of debt to prevent the default of the United States due to non-payment and instead inflate away all of our worries. Other nations and companies apparently have that worry also and wish to avoid being the last man standing…


Despite the U.S., Saudi Arabia enters the Nuclear game thanks to China

by John Galt January 15, 2012 19:55 ET The United States had promised the Kingdom of Saudi Arabia assistance with the construction of a nuclear facility for “peaceful” purposes during the Bush administration back in 2008. However, the lack of follow through by the inept Obama administration leads the world a step closer to disaster as our once closest “ally” in the region now is solidly an agent for the Communist Chinese government: Kingdom, China ink nuclear cooperation pact   (click on the link above to read the full story)  …


Socialism Fails Again: Spain’s Ghost Airports

by John Galt January 15, 2012 16:15 ET The gloating of the American citizen who reads this story will be quite short lived once the average soul takes a moment to reflect on all of the idiotic projects and empty airports built by the likes of Pelosi, Boehner, Reid, or other Senator or Representative. The problem is, like the European Union, most Americans fail to understand that the problems illustrated by the following absurd story via the Turkish newspaper the Hurriyet Daily News and AFP, that the abuses by our politicians…


Peace in Our Time: Just not in Libya or the MENA Region

by John Galt January 15, 2012 15:30 ET The slaughter in Libya continues but due to 2012 being an election year, the American media will offer little if any coverage of the conflict. As described in these pages previously, the MENA region is far beyond a struggle between Islamists and Secularists, it is also about family and tribal loyalties which have ties back to Biblical times. This failure to interpret and comprehend the complexities of the region is the result of decades of incompetent United States State Department hiring and a…


Add Romania to the list of nations experiencing Austerity Riots

by John Galt January 15, 2012 15:15 ET Coming to the U.S.A. soon. The protests initially started out over a government modification to the country’s national health care program. on Day 3 it evolved into an anti-government protest which has continued through Sunday in Bucharest and across many major cities according to this Reuters story, Romania protests spread despite health bill withdrawal. The video and report from Russia Today though tell a tale the Western media will not cover nor illustrate about what is brewing in the Balkans with regards to…


The Enslavement of the nation of Greece

by John Galt January 15, 2012 13:00 ET While America slumbers, the designs on our future are being tested by the bankers of the world in the PIIGS nations plus Hungary. The origins of the rule of law in the United States can be traced back to European history and specifically, English common law. Thus when the time comes for America to settle its debts with the nations of the worlds and the banksters within them, the example being set by Greece might well be applied to all the PIIGS, Hungary,…



Mitt Romney, the Judas Candidate

by John Galt January 15, 2012 12:30 ET   The American people have been exposed to a litany of misinformation by the mainstream media, financial press, and Republican candidates about the political advertisement title “When Mitt Romney Came to Town” produced by the Winning the Future SuperPAC (click www.kingofbain.com to watch in full). The mainstream media, who desires to have Mitt Romney as the Republican candidate for President against their man, Barrack Obama, has mysteriously come to the defense of the former Massachusetts Governor and CEO of Bain Capital by focusing…


1/15 Israeli TASE market down 1.18% after Euro Downgrades

by John Galt January 15, 2012 08:15 ET The first major stock market is open for trading after the massive wave of S&P downgrades for the Eurozone and the results are not surprising with the Israeli TASE down 1.18% in late afternoon trading:   The Arab markets throughout the region are mixed throughout the region with Dubai registering the second largest drop compared to the TASE, down 0.98%.   (via BTFLive.net) The Asian open will be the most fascinating aspect of trading tonight because a massive sell off in China, Japan,…


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