March 2015

The Great Flight from the Dollar Continues: Australia and Denmark Join Chinese Created AIIB

By John Galt March 29, 2015 20:45 ET As the world turns, these are the days of our Federal Reserve’s lives…. Unfortunately for Janet Yellen, the shareholders of the Federal Reserve, and the Caddyshack in Chief the world is rapidly preparing for the ultimate collapse of our fiat funny money as we go deeper into debt and threaten those nations that do not support it with our robotic weapons and CIA covert overthrow squad. Today two more nations officially and quietly said screw you guys, we’re going elsewhere because they are…


Russia to Join Chinese led Asian Infrastructure Investment Bank

by John Galt March 28, 2015 10:05 ET And now the circle is complete. With the United States following, not leading, it’s European banking allies into the Chinese created AIIB alternative to the IMF/World Bank cartel, it was only a matter of time before Russia joined. As of today, Russia has indicated they are joining the bank and since they already have a currency exchange agreement with China the Russians might hold a little bit more influence than the US government or Federal Reserve. From RT today: Russia to apply for…


Fitch Continues the Downgrade Parade Reduces Greece to Junk Status Down to CCC

by John Galt March 28, 2015 09:00 ET In preparation for the impending Grexit, Fitch has decided to downgrade Greece further into junk status by reducing the rating on their credit quality to ‘CCC’.  From the Greek Newspaper Ekathimerini: Fitch downgrades Greece amid bailout uncertainty (excerpted) Ratings agency Fitch has downgraded Greeces sovereign rating amid growing uncertainty over the new government’s pledge to overhaul reforms needed to restart bailout loan payments and avoid default. The agency late on Friday said it had lowered the country’s rating deeper into non-investment grade status…


Iran to get Nukes, Israel Angry, and Yemen being Invaded; Guess Where Obama is Going?

by John Galt March 26, 2015 19:40 ET While Michelle Obama is in Southeast Asia destroying what relationships we have with our remaining allies in that region: Cambodian prime minister criticizes Michelle Obama visit Ah well, maybe it was her dance moves. The Emperor of the United States (EATUS) decided that after this stressful week of doing nothing but finding new ways to destroy the Constitution that he needed a break. After all, selling out America’s only ally in the Middle East which just happens to be the only democracy in…


03.26 Gold and Oil Surge on Yemen Conflict

by John Galt March 26, 2015 05:00 ET Needless to say that old barbaric metal must be popular in the Middle East as an insurance policy against economic destabilization. As the news about the size and scope of the Saudi offensive into Yemen became public knowledge overnight, precious metals surged in response: Meanwhile WTI Crude is up over $2.00 per barrel as of this posting: Stay tuned as this conflict has the potential of spreading far and wide throughout the region thus ending the bear markets in these commodities and altering…


03.25 20:45 ET: Saudi Arabia & GCC Launch Military Operations in Yemen

by John Galt March 25, 2015 20:55 ET As I warned in January, the start of a conflict involving the pro-Iranian Houthis and Arab nations in the region would start within weeks of their movement towards the capitol and as warned, the conflict has now expanded to include the nations of Saudi Arabia and the Gulf Cooperation Council launching attacks in Yemen this afternoon. From Al-Jazeera minutes ago: Saudi ambassador announces military operation in Yemen Saudi envoy to US says his country has begun airstrikes against Houthi rebels to defend legitimate…


Obama’s Petulant Revenge: US Declassifies Intel Report on Israel’s Nuclear Weapons Program

by John Galt March 25,2015 20:33 ET The petulant emperor’s temper tantrum has reached new lows with the hatred towards Prime Minister Bibi Netanyahu and apparent secret policy of anti-Semitism which runs rampant throughout the administration. Tonight, the Obama administration “suddenly” declassified very sensitive information about Israel’s nuclear weapons program, amazingly enough, on the eve of a possible non-written, undocumented agreement with the terrorist nation of Iran on their nuclear program. From the Israel National News, Arutz Sheva: US Declassifies Document Revealing Israel’s Nuclear Program Obama revenge for Netanyahu’s Congress talk?…


A Famous Right Wing Extremist Announces his Presidential Run (Video)

by John Galt March 23, 2015 21:00 ET Funny how the Republican establishment, Democrats, and mainstream media always come up with the term “right wing extremist” whenever someone who supports the Constitution, defends Freedom and our nation’s responsibility in the world, and opposes a large central government in Washington, D.C. Ted Cruz however was not the first to be given this label. Perhaps taking a moment to listen to Ronald Reagan’s announcement or read the transcript below might refresh the whining woo-woo crowd, America haters, and of course the Republican mainstream…


Senator Ted Cruz at Liberty University Announcing Presidential Bid (Full Video)

by John Galt March 23, 2015 17:30 ET Go Ted Go!   The following is a transcript of Sen. Ted Cruz’ remarks at Liberty University in Lynchburg, Va., where he announced his presidential campaign: SEN. TED CRUZ: “Thank you so much President Falwell. God Bless Liberty University. [cheers and applause] I am thrilled to join you today at the largest Christian university in the world. [cheers and applause] Today, I want to talk with you about the promise of America. Imagine your parents when they were children. Imagine a little girl…


Senator Ted Cruz to Announce his Presidential Run on Monday 03.23

by John Galt March 22, 2015 08:40 ET Thankfully there will be at least one conservative candidate who actually walks the walk regarding the US Constitution running for President. From CNN about 40 minutes ago: Ted Cruz to announce 2016 presidential bid on Monday Ted Cruz is first out the gate. The first-term senator from Texas will announce that he’s running for the Republican presidential nomination, according to the Houston Chronicle. He will make his official declaration Monday in Lynchburg, Virginia at Liberty University, the largest Christian university in the world….


De-Dollarization Accelerates as Switzerland Quietly Wields a Big Bank Stick by Joining the Chinese Founded AIIB

by John Galt March 21, 2015 08:45 ET The statement from the Swiss Federal Council on Friday was crystal clear and a shot across the bow of the US administration (and probably Federal Reserve also) efforts to blunt the creation and expansion of a non-US controlled Asian banking entity to counter the American financial control of the IMF and World Bank: Switzerland to participate in foundation process of Asian Infrastructure Investment Bank Bern, 20.03.2015 – The Federal Council has decided that Switzerland will participate in the foundation process of Asian Infrastructure…


From Flash Crash to Flash Crash-Up the Dollar Demonstrates Global Instability

by John Galt March 19, 2015 05:00 ET At 2 pm yesterday the Federal Reserve launched their desired impact on the currency wars by dropping subtle hints that they were going to do nothing about interest rates but that they were paying attention to the US dollar. Low and behold, we had a flash crash in the USD and surge in the Euro. Fast forward to the open of the European markets this morning and the ECB demonstrates that they can make their currency move also: The Euro has been on…


Saddam Obama Goes off the Deep End: Supports Mandatory Voting in US Elections

by John Galt March 18, 2015 20:05 ET Saddam Hussein Obama, the Emperor and current President of the United States has officially gone off the deep end. No, it’s not a requirement that all inner city kids drop midnight basketball and be forced to learn golf. It’s worse. He’s supporting the idea of “mandatory voting” for United States citizens in national elections. From David Boyer in the Washington Times tonight: Obama calls for mandatory voting in U.S. President Obama, whose party was trounced in last year’s midterm election due to poor…


OMG, Funniest Summary of the Faux Gluten Free Millennials EVER

by John Galt March 18, 2015 17:50 ET This dude nails what I’ve witnessed at Whole Foods, Trader Joe’s, and damned near everywhere with the millennials and their “I’ve got that too” or “Me too feel sorry for me” new age behavior promoted by the liberals and Marxists who control this nation. Thank you for this awesome video, JP Sears:   For those people who are really sick not the hypochondriac “me too” crowd, you have my sympathy. Everyone else can take that and their Obamacare and go to hell.


03.16 22:00 ET – Ukraine Situation: Riots in Donbas and Is Russia Preparing an Invasion?

by John Galt March 16, 2015 22:00 ET The situation in the Donbas has been further destabilized by the Ukrainian government thanks to an unrelenting assault on Donetsk which even received Western press coverage via Reuters: Fighting rages near Donetsk airport despite Ukraine ceasefire Meanwhile, just north of Donetsk, an 8 year old girl was killed with her infant sibling and mother being critically injured as the Ukrainian Army movements in town resulted in an armored personnel carrier driving over the family in the town of Kostyantynivka. The result was was…


America’s Long National Nightmare may Continue in 2016: Bush v. Gore Part 2

by John Galt March 16, 2015 19:05 ET First and foremost, if my audience is squeamish or the reader happens to have a weak constitution, I highly advise that one grabs an air sickness bag or suitable bucket to capture the meal consumed most recently. Why? Because there is a building possibility of this happening in the Presidential Election of 2016: Yes America, we may get a chance to revisit the nightmare known as Bush v. Gore 2000 with Other Bush v. Gore 2016. In fact the Christian Science Monitor along…


In the “Cured” PIIGS nation of Spain, Banco Madrid Files for Bankruptcy

by John Galt March 16, 2015 05:45 ET The cured, resolved, or fixed nation of Spain which is the big “S” in the PIIGS has long been lauded as one of the economies whose problems have been solved by European Union economic voodoo. This morning, that took a turn for the worst when one of the largest banks in the country, Banco Madrid was forced into bankruptcy and depositors were informed that they will have no access to their funds until a judge allows the bank to re-open. From the Spanish…


70 Million Americans Could Lose their Jobs in the Next 10 years

by John Galt March 15, 2015 22:00 ET The smartest individuals in American capitalism are hiding a secret in plain sight, yet nobody of consequence wishes to address them about the future they are planning. One of the most amazing, and insightful beginnings to a book was written by Martin Ford in The Lights in the Tunnel: What if technology progresses to the point where a substantial fraction of the jobs now performed by people are instead performed autonomously by machines or computers? Is that likely, or even possible? And if…


03.15 20:00 ET – Oil is Crashing and Burning like an Obama Rail Tanker Car

by John Galt March 15, 2015 20:00 ET Chart presented courtesy of FinViz.com as the real driving force in this decline is still being ignored by the financial propaganda, er, mainstream media: This would be a good time to build the Keystone pipeline because all of those railroad tank cars sitting on the Taggart Comet’s line may go boom like those who went long WTI at $50 thinking it was the bottom.


The Grand Wussification of America Continues as Protests Erupt over Facebook Emoticons

by John Galt March 9, 2015 17:50 ET Before I start this article in full with all the gruesome details, let us all pray: Dear Lord, I know I’m not going to win the Powerball to escape my fate. I accept the fact that my luck is unfortunate as to reside in a nation with a Kenyan Marxist and a drooling bunch of idiots as our national leaders. Thus, please oh Lord, accept my humble prayers, To bring the Electromagnetic Pulse from the sun and shut down our modern society, So…


The Union Black Swan: A Possible Teamsters Pension Bankruptcy soon Followed by Others

by John Galt March 8, 2015 20:50 ET There have been some rumblings sent through the internet by the various Teamster union members that the national union in coordination with the Federal government and possibly some state governments may begin the process of officially putting their pension funds into bankruptcy so as to divorce the national union from control and liability for said pensions and leaving the remainder of the benefits outstanding the responsibility of the taxpayer. Rumors have been swirling since mid-February throughout the various branches of the Teamsters and…


A Reminder about our Fraud in Chief, Barry Obama and his Selma Speech from 2008

by John Galt March 8, 2015 19:30 ET Gateway Pundits was kind enough to remind everyone about what a fraud Barry Sortero, aka, Emperor Barack Hussein Obama is as he recounted in 2008 how his parents got married in 1961 and decided to give birth to his royal highnass thanks to the marchers actions in Selma, Alabama. The problem? Well, the Bloody Sunday March did not occur until March 7, 1965. Here is the video of his speech to remind everyone what a fraud this lying piece of crap is: Too…


EU President Juncker Calls for Creation of European Union Army

by John Galt March 8, 2015 13:50 ET Just when one thinks the world can not get bizarre enough with NATO taunting the Russians across their entire border and the Russian military returning the favor in kind around the world, here comes European President Jean-Claude Juncker’s most amazing declaration in the German news paper Die Welt this morning (translated): A common European army would show the world that there is never again war between EU countries. Such an army would help us to build a common foreign and security policy and…


Russian General Infers US Generals might be Suffering from Penis Envy

by John Galt March 5, 2015 18:55 ET If phallic jokes were politically correct, well, it would be hard up to pass on this one. The Russians have grown tired of the warmongering from NATO and several United States military officers who appear to have some crazy desire to start World War III with Russia. Thus when one of our generals suggested that the Russians had 12,000 soldiers inside of the Eastern Ukraine, the reply prompted a direct, erect response from the Russians was nothing short of classic. From the Russian…


Results of the Banking Stress Tests where the Fed Tested Itself

by John Galt March 5, 2015 17:30 ET The Federal Reserve announced with great fanfare at 4:30 this afternoon that indeed, the banks which make up the Federal Reserve and vote on policy passed their own stress test. Shockingly enough, they passed the tests they set for themselves. Here is the press release for my reader’s entertainment: Release Date: March 5, 2015 For release at 4:30 p.m. EST The largest U.S.-based bank holding companies continue to build their capital levels and to strengthen their ability to lend to households and businesses…



America will Die Because of the End of Trust

by John Galt March  3, 2015 22:45 ET A funny thing happened on the way to the demise of the United States of America. Democrats blamed Republicans. Republicans blamed Democrats. Big business blamed the government and stupid little people. The stupid little people believed the mainstream media and blamed big business. Meanwhile, private property is now public property no matter what voters say or do to prevent it from happening. And so on, and so on, blah, blah, blah. The truth of the matter is that America will die because of…


Middle East News Video Purports to show Aftermath of US Airdrop to ISIS in Libya

by John Galt March 3, 2015 19:55 ET With the interesting accusations flying around the Middle East of British planes, be they subcontractors or various intelligence agencies of the US, or whomever dropping supplies to ISIS and other forces in the Middle East, this disturbing video from Libyan Televison purports to show the results of an airdrop attempt to resupply Islamic State forces in Libya from the US government. As my Arabic is very rusty, I can only determine that this was a report from Libya but what network and a…



Boehner Acts as Predicted and Surrenders Like the French to Obama

by John Galt March 3, 2015 17:30 ET As I predicted in November of last year in my sarcastic piece from the Deep South: Bro Bunny Boehner and the Obama Immigration Briar Patch This was not rocket science considering who has bought and paid for the RINO cheese eating surrender monkey. What is more important is to review the list provided below courtesy of TheBlaze of the 75 Republicans who voted for funding without the amnesty restriction. Every one of these son of a bitches should have a Tea Party challenger…


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