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Daily Archives: January 15, 2012

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

BURNINGDOLLARS

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...

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

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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...

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Socialism Fails Again: Spain’s Ghost Airports

EMPTY_AIRPORT

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...

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

PEACE_IN_OUR_TIME

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...

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Add Romania to the list of nations experiencing Austerity Riots

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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...

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The Enslavement of the nation of Greece

SHACKLES

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...

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S.C. Woman Jailed for Being Messy and Poor

Debtors prisonSIGN

by John Galt January 15, 2012 13:50 ET Via WCBD, Charleston, SC.   Perhaps some Federally sponsored debtor’s prison’s managed by the Federal Reserve would cure this problem. /sarcasm off

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Mitt Romney, the Judas Candidate

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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...

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

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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...

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