June 2014

The Voice of America Demonstrates it is Managed by Chamberlainesque Idiots at the State Department

by John Galt June  30, 2014 20:30 ET Any day now, I expect Obama or someone from our the United States Department of State to come out and proclaim, “peace in our time.” The Voice of America continued its decline into irrelevancy today as broadcasting into some of the most tension ridden and conflict infested regions of the world was terminated by the morons that run the International Broadcasting Bureau (IBB) under the control of the United States Department of State. From the website BBG Watch: Bureaucrats gave listeners little time…


06.30 Latest Videos of Intense Attacks by Ukrainian Forces on Pro-Russian Positions

by John Galt June  30, 2014 20:00 ET So much for “peace” in the Ukraine or the Donbas. The Candy Dictator has followed through on his threats to annihilate all pro-Russia forces at the behest of the European Union, United Kingdom, and United States banking cartels thus hitting civilian and military positions without regard to casualties because the Western media will refuse to distribute or validate such attacks. Sadly, for my country, this is another embarrassing chapter in our history as we refuse to do anything but intervene on the side…


US to Deploy 200 More Combat Troops to Iraq Bringing Total to Nearly 800

by John Galt June  30, 2014 18:00 ET Breaking news tonight via the AP: The announcement will bring to nearly 800 the total number of U.S. forces in and around Iraq to train local forces, secure the embassy and protect American interests. Obama notified House and Senate leaders in a letter on Monday. Obama says the additions include security forces, rotary-wing aircraft, and support for intelligence, surveillance and reconnaissance. The catch? From the ITV News version of the story: “This force is deploying for the purpose of protecting US citizens and…


06.30 1600 ET BREAKING NEWS: Ukraine Ends Ceasefire in East Declares Martial Law in Donbas Region

by John Galt June  30, 2014 16:06 ET UPDATED 16:40 ET: Video from Kramatorsk purported to show either Ukraine inbound artillery or attack by pro-Russian Rebels on the airport. Waiting for clarification. This just in via Twitter and now sources in the Ukraine, namely the Ukrainian Member of Parliament, Oleh Lyashko’s Facebook page: Also this right before the expiration of the ceasefire from the Russian Itar-Tass news agency: Ceasefire expires in south-east of Ukraine  KIEV, June 30, /ITAR-TASS/. A ceasefire between the government troops and the militia in the self-proclaimed Donetsk…


06.30 Dubai and Persian Gulf Stock Markets Hit by Wave of Margin Call Selling

by John Galt June  30, 2014 05:30  ET In what can only be an ugly preview for American equity traders when the charade ends here, the Dubai Financial Market (DFM) is getting whacked again this morning as it is down over 4% due to another wave of selling from margin calls by brokerages. The National covered this story in their mid-day market update: DFM driven down as fund managers cite ‘violation of margin regulations’ Hadeel al Sayegh June 30, 2014 Updated: June 30, 2014 12:53:00 Fund managers blasted at stock-brokers for…


06.27.14 TEOTWAWKI Radio Show: LIve, Crazy, and Missin’ Fishin’

by John Galt June  27, 2014 20:30 ET Sigh. No sunset like that here tonight other than the freedoms sinking over the horizon. Tune in to find out more including the usual insanity known as the new from around the globe…. To listen click on the link below at 9 pm ET which for those of you who voted for Obama is 8 pm CT, 7 pm MT, and 6 pm PT.   Just Measures Radio Network  


Is Glenn Beck the Modern Day Hank Rearden?

by John Galt June  25, 2014 22:00 ET Directive 10-289: In the name of the general welfare, to protect the people’s security, to achieve full equality and total stability, it is decreed for the duration of the national emergency that: Point One. All workers, wage earners and employees of any kind whatsoever shall henceforth be attached to their jobs and shall not leave nor be dismissed nor change employment, under penalty of a term in jail. The penalty shall be determined by the Unification Board, such Board to be appointed by…


The Chinese SHIBOR Panic Everyone Forgot About is Back

by John Galt June 24, 2014 22:00 ET Just a little over one year ago, there was a sudden sharp spike in the government managed People’s Bank of China SHIBOR which reflected a panic for liquidity in the overnight lending rates from China. The Economist magazine highlighted this story on June 23, 2013 where this excerpt highlighted the problem: In China the central bank’s provision of liquidity is more ad hoc. As a consequence “short-lived cash crunches” are not unusual, says Mark Williams of Capital Economics. This crunch began innocuously enough….


If You think TSHTF and you can Survive in the Inner City, Read This Article

by John Galt June  24, 2014 20:40 ET From CBS New York 2: The story from the CBS-2 website: NEW YORK (CBSNewYork) – It was a harrowing scene at a McDonald’s in Queens after a man walked into the restaurant with a knife sticking out of his back. The incident occurred around 10 a.m. Tuesday at the McDonald’s on Sutphin Boulevard and 91st Street in Jamaica. The victim was stabbed in the back, but managed to walk down the block and into the restaurant, witnesses said. “I heard everybody screaming and…


Dubai Financial Market Crashes 8% as it Falls into Bear Market Territory

by John Galt June  24, 2014  05:45 ET The sell off continues this morning with total panic as the largest construction company in Dubai, Arabtec dropping over 9% per day since Sunday’s trading session as the company appears to be struggling as a viable concern. Add in the conflict in Iraq where the sheik’s investments in their own Sunni military might pay off or worse backfire and start a regional war between all of the major powers, then one could understand why the Dubai Financial Market is down over 27% in…


Middle East Stock Markets Continue to beat Bearish War Drums

by John Galt June  23, 2014 21:00 ET Despite the euphoria of the coca plant consuming financial con artists at the Fed, er, Wall Street reality is setting in as ISIS continues to conquer more territory on a daily basis. The Dubai stock market is about to depart from its high just about one month ago and into a full blown bear market in less than 30 days with a staggering 17% decline after a 4.32% decline today: (charts courtesy of Bloomberg.com) Luckily for Dubai, the market will stop declining is…


Sigh, Back to Reality after a Quick Trip Report

by John Galt June  23, 2014 08:30 ET Sigh. I’m back. Sorry this does not sound like an exciting post after delayed flights, TSA hell, and airport gate absurdities, but hell, the sunset one night last week from the USVI was stunning and does make one overlook all the problems to see something as beautiful as this: And yes, that was with my cell phone camera as were the others. The fish just were not as active where we were but we caught a few good ones as we went in…


Mogambo Guru: The Horrible Laugh Of The Damned And The Doomed

June 11, 2014 By:  The Mogambo Guru I can hear the family gathered outside, banging on the walls of the Mogambo Bunker Of Paranoid Hysteria (MBOPH), demanding that I unlock the door, come outside immediately, stop acting like a crazy person, and at least pick up the empty pizza boxes that I threw out into the yard, because the neighbors are complaining, and it looks so tacky, and blah blah blah. Well, the neighbors may be complaining to each other about a few colorful cardboard boxes festively strewn randomly about, decorating…



The TEOTWAWKI Radio Show Archive Problem has been Repaired

by John Galt June  15, 2014 12:40 ET I apologize for the problem but our first bandwidth purchase was not enough so don’t blame BOX the service we are now using, blame the dog in the photo above. It should work fine for downloading all programs now or allowing one to stream the show on their favorite mobile device. Stupid dog. TEOTWAWKI RADIO SHOW WITH JOHN GALT ARCHIVES  


06.15 Middle East Financial Markets Down 1% to almost 5% on War Jitters

by John Galt June  15, 2014 08:00 ET Other than Bahrain, Israel, and Oman experiencing minor declines the nations with the most to worry about with regards to the conflict in Iraq experienced a financial jihad of their own today as markets declined from 1 to 5% throughout the region. A trader quoted in a Bloomberg-Businessweek article this morning said it best: “Any regional unrest is bad news for the market, certainly if it’s looking for an excuse to correct anyway,” Julian Bruce, the head of institutional trading at EFG-Hermes U.A.E….


Los Angeles Kings Fans Demonstrate Proper Techniqe to Shoot Down a Police State Drone (VIDEO)

by John Galt June  14, 2014  22:10 ET In what can only be described as an awesome piece of video, partying Los Angeles Kings fans who were celebrating the team’s Stanley Cup victory spotted and brought down a Los Angeles Police Department drone which was apparently monitoring the crowd: Thanks to Runerazzi at YouTube for this awesome video! According to Business Insider this now non-functioning piece of hardware was possibly one of the two drones given to the LAPD by the Seattle Police Department. The lesson from the first civilian shoot…


The East China Sea Heats up with Japan Accusing China of Weapon Radar Lock on SDF Naval Vessel and Patrol Plane

by John Galt June  14, 2014 21:00 ET Last week I penned the following piece about the Cold War II heating up with China and Japan: Cold War II Continues – Japan Protests Chinese Fighter Planes Intercept within 30 Meters of their Aircraft The Japanese retaliated less than 24 hours later as this video from the Chinese military which is rarely if ever released,  demonstrates from the China People’s Daily on June 13th:   Needless to say the Chinese government was furious. From the same article that contains the video: Japanese…


06.14 2030 ET Ukraine Update: Ukraine Retaliates – 50 Rebels Killed, over 150 Wounded in Air Attacks

by John Galt June  14, 2014 20:30 ET As America slumbers like an undecided giant with no foreign policy, no obvious defense posture, and no leadership at any level, the world is melting into a series of low intensity conflicts which rapidly accelerate into full blown cross border or civil wars. The Ukraine in the past 72 hours is especially no exception where it was reported here earlier that a SU-24 fighter bomber was brought down by pro-Russia rebels after they brought down an IL-76 transport with 9 crew and 40…


06.14 1600 ET – New Video Purports to Show ISIL (ISIS) Terrorists Entering Baghdad

by John Galt June 14, 2014 16:00 ET The following video via YouTube and the Anatolia News Agency purports to show Islamic State in Iraq and the Levant terrorists entering into Baghdad. There is no independent confirmation of this report. Note the Humvee dressed in ISIL/ISIS flags and colors in the video: The latest update from Al-Arabiyah claims that the Iraqi army has retaken the town of Ishaqi, but no indications of the location of any terrorist units close to the capitol have been reported. Based on the following report tonight…


06.14 0700 ET BREAKING NEWS: Pro-Russian Separatists Shoot Down Ukrainian SU-24 Bomber

by John Galt June  14, 2014 07:00 ET After the stunning shoot down of the Ukrainian IL-76 last night, the rebels in Eastern Ukraine apparently have an ample supply of MANPADS as they claim to have down another plane, this time a Ukrainian SU-24 bomber which was engaged in attacks on their positions just outside of Gorlovka. The following story is from RT within the last hour: Self-defense forces in Gorlovka, E.Ukraine, claim shooting down Kiev bomber jet Published time: June 14, 2014 10:00 Edited time: June 14, 2014 10:38 Self-defense…


06.13 2300 ET BREAKING NEWS: Ukrainian IL-76 Transport Shot Down with 40 Paratroopers on Board (VIDEO)

by John Galt June  13, 2014 23:00 ET UPDATED 06.14.14 0640ET – More paratroopers were on board than initially reported per this excerpt from the Kyiv Post article this morning: June 14 marks the deadliest day of the undeclared war between Ukraine and pro-Russian separatists in the country’s eastern regions after Kremlin-backed insurgents shot down a Ukrainian military cargo plane carrying 49 servicemen. All were killed. Most of them – 40 servicemen – were paratroopers of the 25th Dnipropetrovsk airborne brigade, while nine were from the Melitopil transport brigade and the…


Investing in War has Great Returns- Dubai Stock Market Rallies 3.68%

by John Galt June  13, 2014 20:15 ET It’s a good thing some of their businessmen and sheiks allegedly have invested in ISIS otherwise this week could have been a disaster for the Dubai Stock Market: (charts via Bloomberg.com) War is good when there is little threat of one’s tiny nation being directly involved and investing in conflict to create profit… Of course if a nation used to using the US military as its mercenary force may actually have to fight their own war on their own border against either terrorists…


World War III will Begin in Babylon, not Libya

I have re-posted this story this evening as it is quite prescient and apparently was somewhat accurate except for the fact that I did not expect the Saudis to support a former Al-Qaeda group to achieve Sunni superiority in Iraq and thus quite possibly set the trip wire for a major world war…-JG By John Galt August 3, 2011 On the August 2, 2011 edition of the Glenn Beck radio program, he began a postulation that World War Three would begin in Libya and the distractions created by that might be…


Friday the 13th TEOTWAWKI Radio Show: Natty B and I Smoke Cigars, Drink Scotch, & Scare the Hell out of You

By John Galt June 13, 2014 17:45 ET   It’s Friday the 13th. The world is about to go to war. Gold is going nuts but no one sees it unless they are in the physical dealership market. The US government is indecisive and imploding thus taking its brutality out not on America’s enemies but its citizens. Natty and I will discuss precious metals, cigars, scotch, and whatever the hell we feel like. Tune in to find out more including the usual insanity known as the new from around the globe…….


Why Saudi Arabia and Qatar want to Eradicate Iraq

by John Galt June  12, 2014 22:00 ET On September 1, 2013, I published the following article referring to the idea of putting US troops on the ground in the Syrian Civil War: Just Say NO on Syria In that article, I stated the following: The desire to build a natural gas pipeline from Qatar and Saudi Arabia first took hold in 2009 but due to the uprisings within the “Arab Spring” which followed and massive instability created from the uprisings, Bashar Al-Assad’s distrust of the Sunni governments which supported the…


Cold War II Continues – Japan Protests Chinese Fighter Planes Intercept within 30 Meters of their Aircraft

by John Galt June 11, 2014 21:55 ET First Russia, then China, then Russia and now China again yesterday per Al-Jazeera: Japan slams China over near-miss jet flyby Tokyo lodges diplomatic protest with Beijing after Chinese jets fly 30 metres from Japanese planes over East China Sea. How upset are the Japanese? Check out this excerpt from the article from above: Japan has lodged a diplomatic protest with Beijing after Chinese military jets flew as close as 30 metres to Japanese military aircraft over the East China Sea, an official said….


Cold War II Cranks up as 2 TU-95 Bear Bombers Intercepted 50 miles from Northern California

by John Galt June  11, 2014 19:55 ET From the Washington Free Beacon tonight: Russian Bombers Fly Within 50 Miles of California Coast Excepted rom Bill Gertz’s excellent article linked above: U.S. F-22, F-15 jets intercept four Bear H bombers near Alaska, Northern California Four Russian strategic bombers triggered U.S. air defense systems while conducting practice bombing runs near Alaska this week, with two of the Tu-95 Bear H aircraft coming within 50 miles of the California coast, the North American Aerospace Defense Command (Norad) confirmed Wednesday. “The last time we…


Think Illegal Immigration Amnesty Matters? Ask LOSER Incumbent House Majority Leader Eric Cantor

by John Galt June  10, 2014 20:50 ET The Drudge Report barely covers the importance of this stunning defeat in the Virginia 7th District Republican Primary. On Fox News tonightthe whining has started about the low turnout helping the Tea Party which in reality in every other race to date has not. The truth is that Eric Cantor’s love affair with the Republican Establishment, the Chamber of Commerce, and Karl Rove’s pro-immigration amnesty agenda does matter. The American people are sick and tired of liars, breaking the rules for this group…


Dubai’s Stock Market Craters another 4%

by John Galt June  9, 2014 20:55 ET Today while America continued snorting the pixie dust known as Bernankeyellencaine and the world admired our ability to trip acid and ignore financial reality by following suit to new highs, the United Arab Emirates continued to experience a disturbance in the force apparently from the Dark Side: The threat of actual regulation and forcing banksters in that tiny group of Sheikdoms apparently scared the Arab banksters into the shocking thought of realistic Western style banking where leverage is only allowed at a 40:1…


June 8th Middle East Stock Markets take a Mini-Swoon but Why?

by John Galt June  8, 2014 14:30 ET Interestingly enough, while the U.S. economy appears to be performing like the greatest  juggernaut of all time as it creates more part time McJobs than at any other point in our modern history, the Middle Eastern equity markets have also been chugging along quite nicely with many setting all time highs and recovering completely from the dire dark days of the Federal Reserve’s harvest of 2008-2009. Of course while the Dow and S&P 500 achieved new highs on Friday after the phony BLS…


06.06 TEOTWAWKI Radio Show: A Dangerous Stock Market and Economic Game

By John Galt June 6, 2014 17:45 ET Tonight we will be spending more time on the markets as there is a dangerous game being played by the ECB, Draghi, and our banksters here at home as the risk of hyper deflation is now upon us. Will Europe crash the world or does the Fed and ECB have a mutual suicide pact and the Bank of England is thinking about quitting before the gun goes off in their face. Tune in to find out more including the usual insanity known as…


Just Another Anonymous Victim of the Economic Recovery

by John Galt June 6, 2014 05:00 ET A man died in my neck of the woods yesterday. Thus far, he is only another anonymous voice silenced by a gunshot. His family has probably been notified of his death by now, yet nobody outside of that group will care. The foreign bankers who used their power as owners of the debt owed on this property could care less. The President of the United States could not care less. And most of my readers will care less. Sadly, I did, until I…


Obama Considers the “Bush” Approach to Attack Syria

by John Galt June 5, 2014 09:25 ET As America’s slumber about the remainder of the world continues where a majority of citizens think Damascus is a wealthy white suburb of Chicago on the North side, reality is setting in for the remainder of the world that their survival might depend on the approval numbers for the Obama administration and the investment desires of the Qatari government. The following story from the Lebanese newspaper “The Star” should both give pause to Americans and encouragement to billionaires like George Soros and the…


The Shattered Trust is the End of the USA

by John Galt June 3, 2014 00:00 ET In all honesty, admit the truth my friends and fellow followers of freedom: Who can you trust in the United States of America now? The President, Supreme Court, and both Houses of Congress have lost the trust of the American people and rightfully so. They are elected to enforce the laws, write the laws, and protect this nation within the bounds of the Constitution, yet they violate that trust an almost hourly basis with decisions, votes, and edicts far in excess of their…


06.02 0845 ET BREAKING NEWS: Ukrainian Air Force Attacks Civilian Building in Lugansk Many Dead and Wounded (Live Video)

by John Galt June  2, 2014 08:45 ET Smoke rises from Lugansk Civilian Administration Building after Air Strike (via Twitter – @UkraineConflict) Twitter first notified the world of this attack on a civilian target: Needless to say this is breaking hard across the internet and in the Russian media with this story first from RT: Multiple fatalities feared after Kiev fighter jet attacks admin HQ in Ukraine’s Lugansk Multiple casualties are being reported in the administration building of the city of Lugansk, eastern Ukraine, after a fighter jet attack. The assault…


Proof the World is Going Insane: China Explores Bond Buying aka QE Chopsticks Style

by John Galt June  1, 2014 16:05 ET Just when the world doesn’t need any more hints of bank insanity, Ambrose Evans-Pritchard of the UK Telegraph reports the following this afternoon: China explores bond buying in first hint of QE Insanity? Yes. This is a nation with an annualized rate of change in GDP growth of 7.7%, allegedly huge foreign capital reserves, and a centralized dictatorship structure for a government that is the envy of the Western world’s banksters and political elites. From the article: China’s central bank is exploring direct…


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