Monthly Archives: March 2012

Iran Update – Reports the Mossad has Cut Back Operations Inside Iran

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by John Galt March 31, 2012 08:55 ET In what can only be characterized as a huge development if true, Time magazine reports the following (from the article by Karl Vick): Israel’s intelligence services have scaled back covert operations inside Iran, ratcheting down by “dozens of percent” in recent months secret efforts to disable or delay the enemy state’s nuclear program, senior Israeli security officials tell TIME. The reduction runs across a wide spectrum of operations, cutting back not only alleged high-profile missions such as…

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Why Gold will go up 100% by the end of 2013 (if not sooner)

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by John Galt March 30, 2012 05:00 ET   The world is on fire, the banking system in total confusion and preparing for another great consolidation, Europe is teetering, and what does the Federal Reserve Chairman, aka “America’s Financial Academic,” decide to speak on during some collegiate lecture series? The Federal Reserve and the Financial Crisis (click on the title to read the story in full) Any of my readers can click on the link above to watch the series or read the program in…

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DEFCON 2 – Iran Situation Getting Very Serious

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by John Galt March 29, 2012 18:15 ET   Last week in these pages and via my live internet broadcast I warned about a tip that the rumors of an Israeli mobilization were true and that in fact the IDF was preparing and deploying units to forward positions along the Israeli border. The cover for this move is and always has been the “March on Jerusalem” instigated by Marxists and Islamic radicals throughout the world but in fact the reason I was given was that…

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Uh, by the way, Greece: Bank Deposits now down 30% since December 2009 Peak

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by John Galt March 28, 2012 22:25 ET That cured nation saved from the disaster and end of the world via a Eurozone banking collapse is not back in the international news, but since I’ve been one of the bloggers covering the story for ages now, perhaps a reminder from tonight’s edition of the Athens News is in order: Banks continue to bleed deposits: ECB (click on the title to read the story in full) This excerpt from the story says it all: Firms and…

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3.28.12 U.S. Supreme Court Testimony for Obamacare, Day 3

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by John Galt March 28, 2012 17:15 ET The final day of testimony is complete and amazingly enough (not) the “liberal” judges of the Court were looking for way to insert an aspect into the legislation that was never written into the law: Severability. Unfortunately for the MSM and delusional, the severability clause is missing from the original 2700 page bill and the activist liberal side of the Court will have to get somewhat “creative” to figure out how to correct the mistakes of their…

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3.28.12 V of Galt: Special Guest Author “Doomer” Doug McIntosh

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By John Galt March 28, 2012 05:30 You’ve read his editorials at Gold-Eagle.com. (Click on this link to read all of his works from 1998 forward) You’ve heard his commentary on my old radio program an elsewhere. Now standby as author “Doomer” Doug McIntosh brings his commentary and view on world and domestic events to my audience as we discuss the decline, fall, and disaster of the world we live in now. Hear me out at 8 p.m. Eastern Time live via the Just Measures…

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3.27.12 AEP: Spain to slash spending as economy slumps back into recession

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by John Galt March 27, 2012 23:00 ET   The saga of the Eurozone is far from over and the latest piece from Ambrose Evans-Pritchard in the U.K. Telegraph tonight says it all: Spain to slash spending as economy slumps back into recession (click on the title above to read the story in full) As the world thinks the Greek disaster is behind them, the lurking nightmares of Hungary, Ireland, Portugal, and Spain along with Cyprus and other Balkan states hangs over the heads of…

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3.27 Municide Update: Now the Sheep can be Sheared

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by John Galt March 27, 2012 22:45 ET As has been the habit of the U.S. banksters, the sheep have been herded into another bubble which is about to implode and shear them once again. The media spend the majority of 2011 incessantly attacking Meredith Whitney and her prediction of a municipal bond catastrophe without even taking a moment to analyze the underlying condition of the various locations at risk. Jefferson County, Alabama proved to be the largest implosion in history but it would appear…

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3.27.12 U.S. Supreme Court Obamacare Testimony Day 2

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by John Galt March 27, 2012 22:15  ET   Tonight the conservative media has spent an entire afternoon gloating on the idea that the questioning from the Justices might actually reflect an inclination of a decision in favor of the American people and freedom. I warn my readers not to get too gleeful nor to presume anything. Conservatives once thought that President Franklin Delano Roosevelt was cornered again in 1937 when a major challenge to the newly created Social Security Act was brought before the…

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Prediction: EBT Card Gasoline Purchase Subsidies by the End of the Summer

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by John Galt March 27, 2012 05:30 ET Remember this famous video? I’m predicting that before the summer is out, when gas prices top $4.50 per gallon, Obama will issue an Executive Order to add a $40 per month gasoline purchase subsidy to selected Electronic Benefit Transfer (EBT) cards based on income and zip code. Because after all, some areas and zip codes are suffering more from gasoline prices skyrocketing than others. And the logical conclusion of course is that Obama needs to buy votes…

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8,131,012 is the most Terrifying U.S. Patent ever Issued

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by John Galt March 26, 2012 22:55 ET Imagine that one day some poor sucker was acting weird because he appeared that he had too much to drink and stumbled into a city square with his briefcase in tow. In reality he was just lost and exhausted. Imagine a computer that observes this individual via a security camera monitoring system used Artificial Intelligence to acquire and observe him. Imagine the computer uploading photographs to the NSA database, receiving information back profiling the individual and because…

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3.26.12 Obamacare Supreme Court Audio plus Official Transcript

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by John Galt March 26, 2012 22:15 ET   To save my readers time and energy, I have downloaded the audio from the US Supreme Court website and the printed transcript, both of which can be reviewed below. If there was ever a case of greater historical importance in our life time, I can not think of it. The next 100 days will be nothing short of historic and quite possibly tragic.

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Is Today or Sunday the day Iran is Attacked?

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by John Galt March 24, 2012 09:00 ET Weather does look good….. Satellite pic via AccuWeather… Strangely enough, the skies over Western and Central Florida are usually filled with F-22′s, F-15′s, F-16′s, tankers, and C-17′s has been empty for about  a week….hmmmm… Updated AccuWeather photo 20:25 Tehran Time. I’ve added a Tehran clock to my blog to mark the start of any events.

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Corzine ORDERED Money withdrawn from Customer Funds to cover Overdraft

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by John Galt March 23, 2012 17:20 ET But do not worry! He is a Democrat and FOO (Friend of Obama) so he can not go to jail, he can pass go, and can find a job in politics or banksterism to fleece the stupid sheeple who give him money again. Essentially speaking, based on the breaking news via Bloomberg, this guy is Madoff without the rape whistle so you had no warning this was coming. From the article breaking  at Bloomberg: Jon S. Corzine,…

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IMPORTANT: Have You Seen a reduction in Chemtrails/Contrails over your area of the U.S. this Week?

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by John Galt March 23, 2012 15:00ET   Sorry to disturb my audience, but this question has to be asked. Usually over Central and Southwest Florida it looks like a freaking air show every morning through afternoon from 6 a.m. until 6 p.m. with visible chemtrails/contrails overhead. From Eglin A.F.B. F-22 Raptors, F-15′s, etc. cross over on an almost hourly basis. Normally I see extensive training and flight activity from MacDill A.F.B. from the 927th Air Refueling Wing but since Monday of this week: Zero.…

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Outrage of the Decade: U.S. Soldiers going Unpaid for Months due to Bureaucrats

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by John Galt March 22, 2012 19:45 ET As long as America has been going to war, problems have emerged paying our soldiers promptly, properly, and sometimes at all. However, in this age of direct deposit and the ability to change or modify any individual’s payroll with a few keystrokes on a computer there is not excuse for the outrage soldiers and those soldier’s with families are enduring now under two administrations while serving on active duty in the fraudulent “War on Terror.” Unfortunately, some…

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Amerika’s New Thugocracy: Police out of Control

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by John Galt March 19, 2012 16:40 ET The inevitable decline and fall is now complete. While Chicago police have a reputation as thugs, crooked, and on the take due to their gangster related history, this video from TVSPY and the story about the illegal arrest of television reporters from WGN and WMAQ speaks volumes about Obama’s former home town and the thugocracy which has imposed it’s brown shirt (ahem) will on the citizenry with an apparent reign of terror on two fronts. On one…

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Even German Cities are Printing their Own Currencies

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by John Galt March 18, 2012 23:00 ET The stories about Montana, Utah, and Virginia striking their own gold “commemorative” coinage sent a shudder throughout the U.S. fiatocracy as they were indicating a lack of faith in the old fiat currency, the U.S. Dollar. For a city in Germany to indicate a lack of faith in the Euro and the ineptitude of the Masters of the Universe in Berlin and Brussels however is an entirely different matter! From Der Spiegel on March 16, 2012: New…

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Mitt Romney’s Other Obama Addiction: Alternative Energy Grants

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by John Galt March 18, 2012 22:00 ET The eventual RINO nominee, Governor Mitt Romney, has been a busy soul the last couple of days criticizing the “alternative” energy policies of President Barrack Obama and the green movement: Mitt Romney: Need an ‘alternative’ president Obama should fire advisers over gas prices: Romney Romney turns up the heat on Obama energy policies Romney slams Obama over energy (click on the titles above to access articles in full) Why is this hypocrisy from the former Governor of…

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Bank of Ireland Executives drain €29 Million from their own Bank

A sign hangs on the railings of the Bank Of Ireland in central Dublin

by John Galt March 18, 2012 18:30 ET Well I guess it would be nice If I could touch your body I know not everybody Has got a body like you But I’ve got to think twice Before I give my heart away And I know all the games you play Because I play them too Oh but I Need some time off from that emotion Time to pick my heart up off the floor And when that love comes down Without devotion Well it…

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Your Have a Nice Day Video of the Day

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by John Galt March 18, 2012 16:25 ET WARNING: For the squeamish, limp-wristed, weak, wussified readers, the following might be offensive. For the rest of us, grab a beer and a stogie. Special thanks to the website that posted this,  Military.com , the A-10 pilot, and all of our brave men and women who serve.

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3.18.12 AEP: PIMCO chief Mohamed El-Erian expects ‘second Greece’ in Portugal

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by John Galt March 18, 2012 16:00 ET The music is fading, the crescendo of crisis overrated according to some, the people of Athens are now found digging through garbage cans fighting their former pets for meals, all while the European Union chieftains and banking elite enjoy Chateaubriand and caviar in celebration of another hollow victory. The bondholders who refused to comply with the Greek default order are going to be paid a pittance compared to the thievery of the banksters and average citizens throughout…

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Revenge of the Greeks: German War Reparations Issue still open per Deputy Foreign Minister

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by John Galt March 18, 2012 11:30 ET Angela Merkel’s financial Wehrmacht might be rolling through European second tier economies without opposition but a gaping wound that is over fifty years old could be re-opened thanks to the arrogance of the German banksters. From the Athens News yesterday: Issue of war reparations still open (click on the title above to access article in full) From the article above: Deputy Foreign Minister Dimitris Dollis on Friday reiterated that the “issue of German war reparations remains open…

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Christian Cross banned at all UEFA Euro 2012 Events

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by John Galt March 18, 2012 10:30 ET The assault on Christianity continues with the latest outrage coming from the Union of European Football Associations (UEFA) banning the Christian cross at all events and venues for the Euro 2012 Championships to be held in Poland and the Ukraine. The strongly Catholic nation of Poland and its citizens are somewhat displeased with this rule which appears to be a continuation on the assault against the Christian religion by technocrats and bureaucrats who regale themselves under the…

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Saudia Arabian Grand Mufti: Destroy all Churches on the Arabian Peninsula

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by John Galt March 18, 2012 09:00 ET America’s preoccupation with starting a war with Iran ignores the reality of the Theocratic dictatorship on the other side of the Persian Gulf opposite of the nation which calls us the “Great Satan.” Saudi Arabia has a long history of purchasing Christian children as slaves from Sudan and other East African nations, oppressing all non-Islamic religious views, and enforcing the Wahhabi sect version of Sharia law. Per the news website Arabian Business on March 15, the Saudi…

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In support of Contraception and Abortion

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by John Galt March 15, 2012 21:30 ET   Special thanks to the MacIver Institute for posting this video on YouTube in support of my ethical change in my morality outlook on life. Liberals, it is never too late to consider these population control alternatives for yourselves as the video above demonstrates. I also apologize to Ms. Fluke. Raise my taxes. Give these commie libs all the contraception they could ever need, demand, or want. Just don’t let them breed.

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Colorado Considers Biometric Identification to Dispense Prescription Drugs

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by John Galt March 14, 2012 05:20 ET In what could be called the first major state to consider the idea of Big Brother dominating the everyday lives of many citizens, the state legislature of Colorado is considering an extremely intrusive measure which would force doctors to take a biometric sample, either  a fingerprint or retinal scan, for the dispensing of prescription medication. The idea as outlined in the magazine article from Security Management, is fairly simple: Before prescribing or dispensing medication, medical providers would…

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3.13.12 V. of Galt: Doomer Tuesday, Ma’am, nothing but the doom, the best doom, the ultimate doom

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By John Galt March 13, 2012 – 18:00 ET If I had 12 hours, I could cover it all but with Mitt Romney and Obamanation in the news, one hour might be all anyone sane could handle. Tune into DOOMER TUESDAY at 8 p.m. ET tonight to find out more…   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.

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What is Missing from the New Marine Corps Advertisement

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by John Galt March 13, 2012 16:45 ET   Watch and listen carefully: (h/t Daily Caller) The United States flag is only displayed on fake boxes marked “AID” which is insane. No where in the audio are the phrases “United States” or “America” or “Constitution” mentioned. No where is the idea of defending America first put forward. In fact, no where in the ad will one hear the terms “USMC” or “United States Marines Corps.” Very little beyond the picture above on the AID boxes…

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Moody’s Adds Gasoline to the Fire in Cyprus – Downgraded to Junk

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by John Galt March 13, 2012 13:00 ET As many of my readers and listeners are aware, I have been tracking the deterioration of the situation on the island of Cyprus for some time, highlighted by the recent possibility of that island becoming the center of a new conflict between Greece and Turkey. On March 4, 2012 the Turkish Prime Minister added to the pyre by stating that the Turkish portion of Cyprus should be annexed by Turkey to: “if ongoing talks between Turkish and…

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Wag the Ugandan Dog

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by John Galt March 13, 2012 05:15 ET   The video “Kony 2012!” has managed to wind it’s way into the hearts and minds of American citizens everywhere, evoking the “We are the World” mentality which is consistent with the American character and creating a further demand for action by the U.S. government to find and capture or kill the Lord’s Resistance Army (LRA) leader, Joseph Kony. The question that has not been asked is why this campaign is suddenly receiving massive attention from the…

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3.12.12 V of Galt: Proof there is A God-Thank you Taco Bell

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By John Galt March 12, 2012 18:00 Thank you Taco Bell for hope. Of course if I am saying that, you know the nation is truly screwed. Hear me out at 8 p.m. Eastern Time live via the Just Measures Radio Network on the “Voice of Galt.” 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.

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3.11.12 AEP: Global liquidity peak spells trouble for late 2012

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by John Galt March 11, 2012 20:35 ET   Tonight’s entry from Ambrose Evans-Pritchard via the U.K. Telegraph sums up the fears and reality of what happens before this year is out unless ALL of the world’s central banksters elect to engage their printing presses into hyperdrive thus, hyperinflation: Global liquidity peak spells trouble for late 2012 (click on the title above to access article in full) Really, nothing else needs to be added beyond saying read the article, understand the implications, and prepare for…

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3.9.12 I will be a Guest on TruNews with Rick Wiles Tonight

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by John Galt March 9, 2012 17:00 ET   Today I had the honor of being interviewed for the radio program “TruNews” with Rick Wiles. Much of what was discussed has been covered in these pages but Rick’s program offers a unique perspective and I offered my knowledge and experiences on world events to provide a perspective on everything from the Greek default to the Middle East during the program. To listen to the show, you can click on this banner link to the TruNews…

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3.9.12 BREAKING NEWS 14:50 ET: ISDA determines Credit Event has Occurred

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by John Galt March 9, 2012 14:52 ET ISDA determines Credit Event has Occurred Boom. CDS insanity begins. Statement via from the ISDA: ISDA EMEA Determinations Committee Accepts Question Related to a Potential Hellenic Republic Credit Event March 9, 2012 NEWS RELEASE For Immediate Release ISDA EMEA Determinations Committee Accepts Question Related to a Potential Hellenic Republic Credit Event LONDON, March 9, 2012 – The International Swaps and Derivatives Association, Inc. (ISDA), as secretary to the Determinations Committees (the DCs), today announced that a question…

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3.8.12 AEP: Legal skull-duggery in Greece may doom Portugal

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by John Galt March 8, 2012 22:15 ET The problem with a Ponzi scheme is that eventually someone gets angry enough to see the con for what it is and asks where the money really is. Welcome to the PECB, the Ponzi European Central Bank. Ambrose Evans-Pritchard has addressed this issue in his column tonight in the U.K. Telegraph: Legal skull-duggery in Greece may doom Portugal (click on the title above to access article in full) As the Greece insolvency crisis continues despite the bond…

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The Truth about the Greek Bond Swap in One Chart

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by John Galt March 8, 2012 05:30 ET The myth that the great shell game known as the Greek bond swap where worthless paper is exchanged for lower quality even more worthless paper so Greece can default on those bonds at a later date has been exposed in one chart showing the market’s faith in the viability of the Greek nation: (chart from Bloomberg.com) The yield on the one year Greek Government bond has topped 1,135%. This means that no matter what commitments are made…

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Today’s iRally Will Blow Your Mind

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by John Galt March 7, 2012 05:45 ET Generally speaking, there is not much reality left in the equity or financial markets as more than half of the U.S. public believes they are rigged, and rightfully so I might add, while the government manipulates the markets to use as an indicator of national economic health. Unfortunately, today is one of those day s where the technical condition does not matter, the economic weakness does not matter, and the news of the day actually does matter.…

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FCC Seeks Comment on Shutting Down Cell Service per Government Edict

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by John Galt March 6, 2012 21:30 ET Peace in our time? No. Dictatorship in our time? Approaching rapidly. The Federal Communications Commission (FCC) has opened a commentary period by the general public on the idea of structuring a set of rules to allow government, be it the Federal, State, or local, to shut down cellular phone service should the need arise as determined by said government(s).  What initiated this process was the shut down of all cell phone service in the San Francisco Bay…

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3.6.12 V of Galt: Doomer Tuesday Rides Again

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By John Galt March 6, 2012 – 18:15 ET Live. No “War of the Worlds” intro. Just doom, straight up, on the rocks. 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 OR LAST NIGHT’S PROGRAM ARE INVITED AT: 877-213-6404 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.

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