01/04/2013

If North Korea Starts a War the United States Will Lose

  by John Galt April 2, 2013 05:00 ET   At this moment, imagine the reality of the world we live in and not the dictates of the psycho-babble globalist controlled mainstream media. The Chinese Communist Party is in disarray as a new leadership is ushered into power with strong influence from the People’s Liberation Army who wishes to exert its power over East Asia and permanently eradicate the dominance and necessity of dealings with the United States. In North Korea the new leadership is splintering the military elites, Kim Jong-Un…


MUNICIDE Alert: Stockton Bankruptcy to proceed, Largest City to File in History

  by John Galt April 1, 2013 16:25 ET Ka-BOOM! Way back in 2008, I warned that eventually and to be honest, I thought sooner, cities and counties would begin to seek Chapter 9 Bankruptcy protection in record numbers in an old article titled “Municide.” Today a Federal Bankruptcy Judge has ruled that the filing can proceed and that creditor’s objections were without merit. What was more astonishing was his declaration per this excerpt from the Reuters‘ story: In a lengthy preamble to his ruling, Klein said Stockton’s bondholders had failed…


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