March 2013


On Easter Sunday 2013, Google honors an Alinsky Radical Instead of Jesus

  by John Galt March 31, 2013 11:55 ET   Just when one thinks that our nation’s corporations can not suck up enough to the Alinsky-Obama radical leftists, here comes Google on Easter Sunday: Seriously? Cesar Chavez, a learned disciple of Saul Alinksy and his tactics is Google’s choice on Easter Sunday upholding the Imperial Leader Obama’s edict that March 31st from here on out be known as “Cesar Chavez Day” in a proclamation issued last Friday: Presidential Proclamation — Cesar Chavez Day CESAR CHAVEZ DAY, 2013 – – – –…


March 31, 2013: Middle East Markets Sending a Warning?

  by John Galt March 31, 2013 11:00 ET   Happy Easter to all! I find this morning’s action overseas quite interesting, as some of the major players in the Middle East equity markets sold off with no apparent cause or news event. Are they sending a message about the start of Q2 in the inept, corrupted, and manipulated Western markets? We’ll find out soon enough as the second quarter begins and the insanity of our centrally planned economy either bears more fruit of false fiat fraud or crashes down like…


An Old Fashioned PIIGS story as Portugal Mises Deficit Targets Again

  by John Galt March 28, 2013 21:30 ET   Ah, the good old days. Spain can’t meet it’s goals and needs a break from the European Union. Italy can’t form a government again (again, again, again, etc…). Ireland got drunk and forgot to make a bond payment. Greece well, is Greece. And good old Portugal can’t meet the commitments they made to the IMF, EU, and European Central Bank about their deficit spending. Wait a minute, that’s exactly what El Pais reported this afternoon: Portugal fails to meet public deficit…


Slovenia is the Next Crisis for the Dysfunctional European Union

  by John Galt March 27, 2013 22:30 ET  Bloomberg started the Slovenia hit parade not even within a day of the “resolution” to the Cyprus crisis with this article: Slovenia’s New Cabinet Under Pressure to Avoid Cyprus Fate How bad is it? Their banks need upwards of €3 billion plus with an immediate need for liquidity for their banking system of €1 billion. Of course the European Union doesn’t realize that the more matches they flick on the Balkan powder keg, the more likely it will eventually blow up in…


Marc Faber on why This Disaster is Different

  by John Galt March 27, 2013 21:15 ET   In this interview with Marc Faber on Bloomberg Surveillance this morning, the most dangerous point that I’ve ever heard him make about the upcoming systemic crisis (my words, not his) where he states that “even in gold it will be difficult to hide.” I point to this chart from 2008 to highlight this point:   The gold chart from 2008 illustrates a demonstrative “death cross” as circled on the chart. In 2012 to today however, there is another ominous leading indicator…


Angry About Bailouts? Read this and get Seriously Mad

  by John Galt March 27, 2013 18:00 ET   The United States government has bailed out billionaires, Chinese solar companies, sex education programs, and worse. Thus the story from this afternoon’s Washington Times is only fitting as apparently there is a degenerate shortage which prevents Indian casinos from operating profitably: Indian tribes seek federal bailout money for casinos Seriously? They can’t even fix the blackjack tables like Vegas or rig the moronic video games so the house wins more? I kid you not, this is a serious attempt to get…


Cyprus Update: The EU Took €100 Million from the Greek Orthodox Church

  by John Galt March 26, 2013 20:45 ET If anyone is under the delusion that the seizure of individual and business accounts from the banks of collapsed nation is where the evil and corruption will stop, here’s a shock for the readers courtesy of the Cyprus Mail: Church says it will lose €100m This so-called “bail-in” designed only to protect the hedge funds of the European and British money center banks scalped the one entity which could help the poor during the nations transition from quasi-capitalism to European serf state….


March 26, 2013: New Dow All time High today, Happy Days are Here Again!

  by John Galt March 26, 2013 17:30 ET     Today the Dow Jones Industrial Average closed at a new all time high of 14559.65. To add some perspective to this resurgence in the market and what happens when government and the Federal Reserve meddle, I thought a visit to economic disasters of the past might be in order: I don’t think that any other comments are necessary. Just beware the consequences of manipulated markets and the rush to the exits when everyone who got screwed the first time around…


When the Watchmen Go Silent

  by John Galt March 26, 2013 05:00 ET    Acts 20:29 For I know this, that after my departing shall grievous wolves enter in among you, not sparing the flock. – King James Bible “Authorized Version”, Pure Cambridge Edition .. “airpower holds out the hope to the nations that, in the future, air battles taking place miles away from the frontiers will be so decisive and of such far-reaching effect that the nation losing them will be willing to capitulate without resorting to a further contest on land or water…


Perhaps Cyprus should call 1-800-ICE-LAND

  by John Galt March 24, 2013 20:30 ET   As of just about 40 minutes ago, it would appear that the European Union has imposed another deal on the tiny island nation of Cyprus. There will be more details forthcoming but in the end, the European hedge funds and banksters will wrestle control of the sovereignty of another nation away from its people as they have in Greece, Ireland, Italy, and Spain. The obvious alternative for the people of Cyprus to indeed become the next Switzerland of the European continent…


03.24 AEP: A Warning about World War starting in Asia

  by John Galt March 24, 2013 17:15 ET Just when everyone thinks the Cyprus issue is the big problem of the day, Ambrose Evans-Pritchard reminds us that the building conflict over the Senkaku Islands in the East China Sea could easily lead to a superpower conflict which could destroy not just the economies of the Far East, but embroil the entire world in a war that will have profound consequences for China and the United States for decades to come. The article in today’s U.K. Telegraph titled: The dangerous drift…


03.23 Cyprus News Flash: IMF Blocks Agreement on Cypriot Bank Bailout

  by John Galt March 23, 2013 17:55 ET   From China Radio International English News  approximately 40 minutes ago: IMF Blocks Cyprus Bailout Agreement The International Monetary Fund (IMF) is blocking a bailout agreement for Cyprus by insisting the merger of the Mediterranean island’s two largest banks, the official Cyprus News Agency reported on Saturday. The agency quoted a senior official of the Cypriot side in the negotiations with international lenders as saying that “we are not even near an agreement with the troika.” The official was also quoted as…


Greek Bondholders about to Learn the Pain of being ‘Chryslered’

  by John Galt March 23, 2013 01:00 ET   When in the issues of man versus government, freedom against the rule of crony capitalism, and the rule of law versus any nation’s corrupted system, there is apparently one solution to cure all the problems: Chrysler the plaintiffs. What is Chryslering? It is a new verb that most Americans are familiar with from 2009; at least to those retirees who are now bagging your groceries or asking if you would like to taste the deli meat before they finish slicing it….


03.22 BREAKING NEWS: Russia Rebuffs Cyprus NO DEAL on Aid

  by John Galt March 22, 2013 05:50 ET In other words, the Cypriot government refused to sell control of its petroleum and natural gas resources to the Russians. This puts the Rothschild cartel of the ECB back into the driver’s seat to Kissingerize the Greek Cypriot government and seize control of the nation if they do not cooperate with the Western Central banksters. From Reuters just after 0500 ET: Russia rebuffs Cyprus, EU awaits bailout “Plan B” (Reuters) – Cyprus’s finance minister left Moscow empty-handed on Friday after Russia turned…


And now the Other Cyprus Chimes in on the Crisis

  by John Galt March 21, 2013 21:30 ET   If anyone thinks that the government and people of the Greek portion of Cyprus are friends of the United States/European Union banking cartel, I must remind my readers that Cyprus is actually two nations divided along religious and ethnic lines. The reality of what this now important island nation looks like from a geopolitical point of view is best pointed out in the map below: (map courtesy of PSEKA.net) The Turkish government has been maintaining claims to the oil and natural…


The Cyprus Crisis: It Isn’t what it Seems

  by John Galt March 20, 2013 22:00 ET   In August of 2011 this blogger observed the following in an article titled “The Most Dangerous Stock Market in the World is now down over 90%“: In the nation of Cyprus, divided for decades between Turks and Greeks. Orthodox Christian and Muslim, the danger is real and somewhat buried in the back pages as other more pressing issues which impact geopolitics surpassed the region in importance. With the nation divided at gunpoint and distrust at all time highs, the last thing…


The United States of Jail

  by John Galt March 15, 2013 05:00 ET     MSNBC asked this key question on March 4, 2011 in the story linked below: Why do America’s police need an armored tank? That’s a damned good question as the vehicle demonstrated in the vehicle above is specified to resist a .50 caliber bullet and all other small arms fire that “average” civilians use inside the United States of America and overseas. So just why does the Department of Homeland Security feel that it is necessary to provide $300,000 grants to…



Mayanah Schneider Answers Senator Rand Paul

  by John Galt March 6, 2013 23:00 ET   Who is Mayanah Schneider and what are her qualifications to answer the questions posed by Senator Rand Paul asked during his filibuster? More on that later. The question of using drones however has been answered and sadly, no President since that sad day has reversed the powers of his predecessor nor engaged in actions to impose restrictions which will reign in the unchallenged power of an Executive Branch acting more like an autocratic dictatorship in some Central American Banana Republic. An…



Finally a U.S. Senator with Balls: Rand Paul (KY) Fillibuster for Freedom

by John Galt March 6, 2013 15:30 ET Senator Rand Paul (R-KY) has taken a stand after the abhorrent letter received from Attorney General Eric Holder which obscenely declares that the United States government has the ability and right to assassinate American citizens on American soil without due process or any invocation of that victim’s individual rights.   To watch the video, click on this link from C-Span2   Why is this important? Senator Paul, unlike many of his cowardly RINO cohorts has finally decided to bring this story home to…


HURRAY CANCER!!!! Hugo Chavez Communist Scumbag P.O.S. has assumed Room Temperature!!!!

  by John Galt March 5, 2013 17:30 ET &nbps;        HURRAY CANCER!!!!!!   You’ll never hear those words from me often, but when a communist asshole dirtbag assumes room temperature (hint to Putin: Smoke more Camel without filters), I celebrate. My family has had an unfortunate history with cancer with people I love dying from it, but in this case Satan took one of his own home so THANK YOU!!!!!   Now if we could just get Castro, Putin, China’s commie leaders, and others who can’t be mentioned…


Mom, Dad, We Hate You

  by John Galt March 4, 2013 05:00 ET On Bloomberg Television last week, legendary investor Stan Druckenmiller issued this dire warning: “Don’t let your grandparents steal your money” The video of the interview paints a very stark picture of the future, and sadly tells the tale of what is about to happen to the U.S. economy:   Thus the theme of the next years to come between the evil of the Obamacare laws and regulations which shall impact every American citizen be they elderly or newborn, unborn or ill, that…


Sequestergate Update: 7 States now gone from the Union

  by John Galt March 2, 2013 12:30 ET     Despite the best efforts of our noble “I am not a Dictator” President of these United States of America, due to the now ongoing sequester crisis 7 states are now gone from the Union. It was my hope they might include such losers as California, Illinois, Maryland, Massachusetts, Vermont, Connecticut, and God I had hoped New York. Unfortunately, it looks like we’ve lost some of the good ones, including: Outer Mongolia New Zealand Fiji Grenada Bimini Tonga and St. Kitts…


2 Things You Need to know about the Markets in March 2013

  by John Galt March 1, 2013 05:30 ET   The markets are at a face palm railroad crossing and unfortunately most market participants and gurus are missing the warning sign. First and foremost is that gold has shifted from its safe haven status to a full blown predictive indicator of approaching economic and stock market action. At this moment the declines in gold are not stating we are in the great hyperinflation but in fact possibly heading towards another period of deleveraging and deflation as the monetary expansion has not…


SEQUESTER HOUR +5 UPDATE: Yes Mom, We’re Still Alive

  by John Galt March 1, 2013 05:00 ET   A quick report from Florida after the disaster which was purported to end all life on earth at midnight last night if one believes the White House and mainstream media: 1. All warm blooded animals still appear to be alive and normal at my location. No blood on the floors, no appearance of irregular heartbeat, just one human with a mild hangover. 2. All cold blooded animals, condition unknown because I’m not checking on snakes or alligators in the dark. 3….


America at the Crossroads: The Libertarian Conundrum

  by John Galt March 1, 2013 03:00 ET   Glenn Beck has dared to intervene with commentary in support of and beliefs professed to agree with the Libertarian political movement. However, since Mr. Beck is not a Puritan in the Ron Paul sense of religious fervor, it would appear that the Libertarians have reverted back to the old habits of Chinese abortion, shooting the children or drowning them in rice patties as soon a “non-approved” Libertarian is birthed. Thus why I think, and oh, I shall pay for the commentary…


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