February 2015

And February Ends with a Big Bank Failure: Doral Bank Puerto Rico Seized by the FDIC

by John Galt February 27, 2015 18:00 ET Despite an error earlier in the day where the FDIC leaked the bank failure prematurely then retracted the statement (via Marketwatch) at 4:04 PM ET: FDIC releases Doral Bank failure news early This mistake of course caused the stock price to crater over 40% when it was already into the toilet: Of course the sell off was not premature and the story was accurate as just a short while ago, the FDIC website displayed this bank failure which is whopper where the Deposit…


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America Has Gone 100% Tard as Supreme Court Justice Uses “Dr Seuss” in Judicial Argument

by John Galt February 25, 2015 20:25 ET First of all, it is Supreme Court Justice Elena Kagan, thus explaining the reference to the continuing downward spiral of jurisprudence and logic within America’s legal community and the absolute dumbing down of our society. I had to clear the air with that first before quoting the story from The Washington Times tonight: Supreme Court Justice Kagan uses Dr. Seuss in case argument While I realize the voter base for the current regime in power is somewhat diminished in their mental capacity to…


Oh Mr. Internet, How We the Libertarians are going to Miss You (Videos)

by John Galt February 25, 2015 19:35 ET Well, the stoners in Colorado, Washington State, etc. will miss Mr. Internet also. I mean where else can you get great video entertainment like this while taking a dump on ISIS? Of course Bill O’Reilly and Brian Williams, they can’t WAIT for the blogging community to be banned if not sent to a shower in a camp somewhere. And yup, he made a 25 minute long compilation too! Ah well, we’ll all have to get our license to make content like that, or…


In Protest of Net Neutrality, we should have a Black Friday protest on February 27, 2015

by John Galt February 25, 2015 17:05 ET If you come to JohnGaltFLA.com and see the following on Friday, please do not freak out if you see the following: (click to see image at full size) Spread the word and let’s see if we can get everyone who believes in freedom to participate. It’s only a start but with both political parties allied on this issue, it is doubtful we can do much beyond praying the hackers shut the whole damned system down first before they fully implement their vile program.


And ANOTHER Obama Cabinet Appointee Exposed as a Liar: Robert McDonald, VA Secretary

by John Galt February 23, 2015 21:05 ET The absolute last place I thought I would find a news story exposing another bullcrap artist from the Obama regime, but low and behold, scattered showers of journalism arrived tonight at the Huffington Post! The headline says a lot but exposes a larger trend of lying about one’s record in our society: VA Secretary Robert McDonald Falsely Claimed He Served In Special Forces From the story above by David Wood: Robert McDonald, the secretary of veterans affairs, wrongly claimed in a videotaped comment…


The Stupidest Lie of the Year is that the Russians will “Invade” the Baltic Nations

by John Galt February 23, 2015 17:25 ET Look folks, I know the American people are terminally stupid. 50% of our fellow citizens thought last night’s Academy Awards show is where they issued Nobel prizes. 30% watched “The Walking Dead” and think it is a documentary about life in the Deep South. The rest of us just face palm ourselves to sleep at night either laughing into our hands or searching for ways to profit on the stupidity of the other 80% (ye old 80/20 rule). Sadly, since the death of…


02.22 Turkish Troops Return to Base after Relocating Süleyman Şah’s Tomb

by John Galt February 22, 2015 12:30 ET The brief incursion into Syria by Turkish forces yesterday was to remove the tomb of Süleyman Şah back into Turkish national territory and to warn all warring parties in Syria to avoid hurting Turkish interests. From the Hürriyet Daily News today: Turkey issued diplomatic note to Syria for relocation of historic tomb Turkey delivered a diplomatic note to the Syrian consulate in Istanbul to inform Damascus that the Tomb of Süleyman Şah was being temporarily moved to a new site in Syria corresponding…


02.22 Terror Attack in Kharkiv, Ukraine 2 Dead 15 Wounded (Video)

by John Galt February 22, 2015 09:45 ET The war continues on all fronts as terrorists attack a peaceful march honoring the Euromaidan revolution from last year. The Kyiv Post reports: Ukraine makes arrests after terror attack kills 2, wounds 15 at Kharkiv Euromaidan memorial march Excerpted: At least two people have been killed and another 15 wounded in a terror attack on a Euromaidan memorial march in Kharkiv today. Ukraine’s State Security Service say they have already taken four suspects into custody. Hundreds of marchers were marking the one-year anniversary…


02.21 BREAKING NEWS: Confirmation That Turkish Tanks and F-16’s Attacked ISIS in Syria

by John Galt February 21, 2015 22:30 ET As the Twitter world was set on fire tonight by reports that 40 Turkish tanks and armored vehicles crossed into Syria through Kobane to protect the tomb of Süleyman Şah, the grandfather of Osman I, the founder of the Ottoman Empire. This territory has been considered sovereign Turkish territory since 1921 but it was believed that ISIS was looking to trap the Turkish honor guards who protect the tomb and cut them off from resupply, possibly to damage or destroy the tomb as…


First Greece, next up Cyprus as Opposition Parties want to Renegotiate EU Bailout

by John Galt February 21, 15:25 ET The tentative deal struck with Greece and the European Union has opened the very can of worms that the German government was concerned about: The rest of the PIIGS nations wanting new deals also. While this is not totally unexpected, the veracity of the statements from Greece and threat of a Grexit could indeed leave the EU open for demands of reform to the deals that Ireland, Portugal, Spain, and now Cyprus had imposed by the central banksters. From the Cyprus Mail today: Greek…


And Again…Logisticsaggedeon over as Now a Tentative Deal with ILWU & West Coast Ports Reached

by John Galt February 20, 2015 21:55 ET Breaking now on Bloomberg News: West Coast Dockworkers, Ports Reach Tentative Labor Agreement Not much to report other than the story is still developing as of this moment: 9:18 PM EST February 20, 2015 Deal reached for tentative five-year contract, union spokesman says. U.S. Labor Secretary Thomas Perez helped broker the five-year deal, which brought an end to talks that lasted nine months. Maybe this time the unions got $62.50 per hour and will be happy.


Videos from a Real War Zone: Graphic Before and After of a Ukrainian Unit Alive then Dead

by John Galt February 20, 2015 20:55 ET The first video below is censored and safe for everyone to watch. It has the English subtitles so everyone can comprehend what is happening before the battle. The language is rough, then again, if one is preparing to possibly die one does care about the language that is used.     The following video is the same video in Ukrainian and Russian. The first part shows the exact same but the second half shows their dead, dismembered bodies strewn about the same house…


02.20 BREAKING NEWS: Logisticsaggedeon Avoided-Longshoreman Union and Ports strike 5 Year Deal (Update: Or not yet)

by John Galt February 20 2015 10:15 ET The antiquated notion that the necessity of manual labor to unload every ship at every dock continues as Atlas continues to shrug in the good old USA. Despite hysterical predictions of doom, shortages, TEOTWAWKI, and WalMart running out of plastic crap before Easter, a deal was struck this morning between the ILWU and the West Coast ports according to the transportation website Journal of Commerce and CNBC: W. Coast dockworkers, employers in 5-year deal: Journal of Commerce, citing sources The link above and…



Another Liar Exposed as Bill O’Reilly Spins into the Brian Williams Zone

by John Galt February 19, 2015 20:05 ET Ruh-Roh. RINOs will not be pleased by this story which will be very easy to verify in the next few days…. From Mother Jones: Bill O’Reilly Has His Own Brian Williams Problem Apparently old Bill has stated on several occasions, per the article and his television show that he was in the Falkland Islands during the Argentine-British war. Unfortunately for old Bill, he never made it to the war zone, except in his own mind. From the article: After NBC News suspended anchor…


02.19 BREAKING NEWS: British Citizen Alleges Russian Bomber Flew Inland OVER United Kingdom (Video)

by John Galt February 19, 2015 17:20 ET The incident from February 18th where two Russian TU-95 Bear strategic bombers flew near the United Kingdom took an interesting turn today when the UK Guardian published the following story this afternoon: Russian bomber flew inland over Cornwall, witness claims From the article by Haroon Siddique: The Ministry of Defence denies that the planes entered British airspace. However, Sue Bamford, from Bodmin, said she witnessed at least one of the bombers flying inland, over Cornwall, while she was having a driving lesson on…


The Other Housing Data the Media Will not Share

by John Galt February 18, 2015 21:00 ET While the Bubblevisions continue their unrelenting used car tactics to convince grandma and grandpa that the $0.70 per share biotech stock is where their retirements should be, the selective propaganda from the various entities which provide financial news have agreed with the US government to use contrived data by displaying “annualized rates” or “percentage change month over month” rather than telling the tale of reality: Housing has not recovered and it is not even close to recovering. 4 charts courtesy of the Federal…


ISISjobs.com

by John Galt February 18, 2015 18:00 ET Since the United States Department of State spokeswoman, Marie Harf, has unfortunately brought the “dumb blonde” stereotype back into vogue with this comment yesterday: “We’re killing a lot of them and we’re going to keep killing more of them, so are the Egyptians, so are the Jordanians they’re in this fight with us,” Harf told Matthews. “But we cannot win this war by killing them, we cannot kill our way out of this war. We need, in the longer term, medium and longer…


02.17 16:30 ET BREAKING NEWS: Ukrainian Soldiers Ordered by High Command to Destroy Equipment, Evacuate Debaltseve

by John Galt February 17, 2015 16:30 ET The military map of the Debaltseve salient tells the tale of woe facing the Ukrainian military: The news tonight took a dire turn when the Ukrainian high command gave the order to destroy all heavy equipment (armor, artillery, etc.) and evacuate the Debaltseve pocket. This news just broke at 22:16 tonight, Kiev time and here is the translated page (Google Translate) from the Ukrainian news site, UAPress.info: General Staff gave the soldiers a Debaltseve destroy all machinery and exit paths   General Staff…



02.15 13:00 ET BREAKING NEWS: Obama Goes Full Metal Bush – Deploys 3rd Inf. Brigade to Kuwait for Combat against ISIS

by John Galt February 15, 2015 13:05 ET As Fox News, CBS, and others reported on May 23, 2013, Obama said the Global War on Terror is over: Watch the latest video at video.foxnews.com Oops. The news today is grim as US forces are pinned down again in Iraq with insufficient forces to repel an ISIS invasion of the Anbar province which is in danger of falling, the Iron Brigade, 3rd Infantry Combat Brigade from Fort Carson, CO is being deployed immediately to Kuwait, apparently to support the existing American forces…


02.12 Ukraine-Russia War Update: With the Ceasefire, the Most Intense Fighting Begins (Videos)

by John Galt February 12 2015 22:00 ET While the United States mainstream media continues to pay limited lip service to the conflict in the Donbas region of the Ukraine, Europe is laser focused on the consequences of a somewhat cloudy ceasefire agreement which all but guarantees future direct Russian military involvement to preserve whatever interpretation of “peace” they determine as the Ukrainians faith in NATO and the West must now be totally shattered. The following entry is from February 11th via the English translation of the Russian blog from Colonel…


02.12 05:15 ET BREAKING NEWS: Minsk talks yield Ceasefire Agreement Effective 02.15

by John Galt February 12, 2015 05:15 ET Based on all of the information flying out of Russian and Ukrainian media, this deal appears to favor the rebels in the Donetsk and Lugansk regions providing them with a mandatory vote by the Ukraine government to allow for some type of amnesty and autonomy. Should the Rada in Kiev fail to do this within 30 days is unclear at this moment but the cessation of fighting will be a welcome relief to the European Union and civilians trapped in the battle zone….


Obama’s US Embassy Scoreboard: Islamic Terrorists 3, United States 0

by John Galt February 11, 2015 21:00 ET Since President Obama has become Emperor of the Gods on Earth (his idea, not mine) his scorecard is horrendous with regards to holding on to US territory versus Islamist terror. After today’s fiasco in Yemen, the scoreboard is as follows: Syria – CLOSED Libya – CLOSED Yemen -CLOSED Islamofacists: 3 – Obama: 0 No wonder our fighting men despise this SOB. He’s surrendered more since he became President than the French did in World War II.


02.10 19:55 ET BREAKING NEWS: Brian Williams of NBC News Suspended 6 Months without Pay

by John Galt February 10, 2015 19:55 ET Breaking live on CNN now and soon everywhere via social media. I guess no matter how many great reports and misremembersentations one can come up with, becoming the total joke of the internet and late night television may not save your butt. Below is a copy of the memo from NBC News: Too bad he’ll be back to lie for the 2016 elections.


If Obama is the “Economic Messiah” why Have a Record Number of Wealthy People Abandoned US Citizenship

by John Galt February 10, 2015 19:40 ET Way, way, way, way, back in ancient history this blogger (soon to be if not already considered an enemy of the state) warned to the wealthy and my wife, who would not listen, the following: If you can leave the United States, I would suggest you GET OUT NOW Well, maybe not ancient history, but it was on March 29, 2010 where I stated in the article above: The precursor to most major shifts within western civilization have always been the restrictions placed…


And Now Cyprus Foreign Minister Denies Russian Military Base Story

by John Galt February 9, 2015 22:30 ET As the world turns.. Apparently the bankers of the West got a message to the government of Cyprus after the news story broke this weekend about the Cypriot Prime Minister agreeing to allow the establishment of a Russian Air Force and Naval base on the island: Change your mind our else. From the Cyprus Mail tonight: ‘No question’ of Russian bases on Cyprus There has never been, and indeed there is no question of Russian air or naval military bases on Cypriot soil,…


02.09 Ukraine Crisis: Debaltseve Surrounded, Pro-Russian Rebel Offensive Intensifying (Video)

by John Galt February 9, 2015 22:00 ET As a citizen of the United States of America, I wish to apologize to all combatants in the Eastern Ukraine/Donbas region. The leftists in this nation decided to vote for an incompetent Soros financed whore from Kenya as President and around the world, and in your nation, thousands have died as a result. Satan could not have shit a better candidate to bring the end of times to many on this planet, however, our time, thankfully, has not yet come. Today the war…


My Mea Culpa or Who Really is This John Galt

by John Galt February 8, 2015 15:20 ET Several years ago when I was quite active broadcasting on shortwave and writing at a much more prolific pace than currently, someone asked me what my real name was and what my philosophy on life, economics, politics, and reality really was all about. The truth shall set you free so at the end of this article, I shall enlighten my readers with my real name yet not my address as I explain why I write under this pen name and what this website…


02.08 BREAKING NEWS: Cyprus to Offer Russia Air and Naval Bases

by John Galt February 8, 2015 10:45 ET On July 8, 2012, as the European Central Bank and its Western cohorts began the process of fleecing the nations of Cyprus and Greece, I penned the article below: Cyprus Could be the Next Domino to Fall to Russia Apparently that situation has come to fruition as the United Kingdom will now have to share airspace over the Mediterranean with NATO’s arch villain as the two countries will both have air force bases 40 km apart. As the Russian bear continues to growl…


There are Indications the Ukrainian Military is Breaking Down Under Russian Pressure

by John Galt February 6, 2015 05:00 ET Despite the popular propaganda of the European Union and United States media, the Ukrainian military is in a massive state of disarray which might indicate why Secretary of State Kerry and the Obama regime were unwilling to promise advanced military weapons in a meeting on Thursday, February 5th. The following stories and video, although some might be circumspect because of the sourcing, tend to indicate a disintegration of military discipline and erosion in the will to fight the might of the Russian Bear…


Commercial Paper Issuance Continues to Indicate no Real Economic Recovery

by John Galt February 5, 2015 22:25 ET Before my readers ask why this is an important indicator of the economic health of the American economy, this explanation from the Federal Reserve about this particular statistic explains what it is and what it means: About Commercial Paper Commercial paper (CP) consists of short-term, promissory notes issued primarily by corporations. Maturities range up to 270 days but average about 30 days. Many companies use CP to raise cash needed for current transactions, and many find it to be a lower-cost alternative to…


Insanity: Ford Motor Expanding Operations in the Bankrupt Nation of Spain

by John Galt February 5, 2015 21:30 ET As the European Union, the financial media zipperheads on cable TV and in print, along with the mainstream media continues to refuse or understand the difference between an “inability to currently pay debts” and “insolvency” this little tidbit floated across my Twitter feed from none other than the United States version of the old Soviet Pravda, the New York Times: Ford Expands Operations in Spain for Export Business So the thinking is that because wages are depressed under orders from the European Central…


Video of the Royal Jordanian Air Force doing the Job Obama Won’t Do against ISIS

by John Galt February 5, 2015 21:00 ET Below is video of real men allowed to fight while Obama hides behind his Imam’s skirts…..Kudos to the RJAF for bringing the heat to the ISIS scum. Royal Jordanian Air Force process martyr Maaz I guess the Jordanian King has balls. Too bad the US President has sold his to the Muslim Brotherhood and Islamist terror. Too bad our military is not allowed to really attack ISIS and can only hit used Toyota pick-up trucks instead of the heavy armor we left for…


02.05 Ukraine Update: Debaltseve Pocket Collapsing; 50,000 Russian Troops on Ukraine Border (Videos also)

by John Galt February 5, 2015 20:30 ET From ABC News tonight: And now this update late tonight from the Ukrainian News website RBC.ua: (translated via Google) In the DNI said that militants blocked Debaltseve RBC.ua 05/02/2015 21:23 In the self-proclaimed “Donetsk People’s Republic” said the militants blocked the outskirts of the city of Donetsk region Debaltseve. This was stated today, “deputy commander of the Ministry of Defense Corps” DNR Edward Basurin transmits separatist “Donetsk news agency.” “Our units are locked Debaltseve margin,” – he said. According to the representative of…


Now Belgium wants to Retrieve its 200 Metric Tons of Gold from UK Depository

by John Galt February 4, 2015 17:55 ET Suddenly no one trusts the former “allies” in Western economic capitols any longer it would appear as now Belgium joins the growing list of nations retrieving and shipping their gold from overseas depositories and storage to place in their own nation’s safe hands. The story from the Belgian national broadcaster, RTBF earlier today (translated via Google): Belgium will repatriate 200 tons of gold stored in Britain Belgium wants to repatriate 200 tonnes of gold worth $ 6.2 billion. Ingots which are in Britain….



Russian Tu-95 Bomber Intercepted over English Channel Was Carrying Nuclear Weapon

by John Galt February 1, 2015 19:30 ET As the United States slumbers into our annual drunken food and boozefest known as the Super Bowl, the newspaper UK Express carried a story which should put everyone back on the edge of our collective seats: Intercepted Russian bomber was carrying a nuclear missile over the Channel A RUSSIAN bomber intercepted over the Channel last week was carrying a nuclear missile designed to destroy Trident submarines, it emerged last night. From the story linked above: RAF Typhoon fighter jets were scrambled on Wednesday…


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