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Recent Posts
- Greek Bond Yields Explode as 1 year moves 100 bps to over 752% in One Day
- The Social Experiment Called the U.S. Military is a Roman Failure
- 2.21.12 AEP: Greek debt accord hostage to political passions
- Greece elects to Default on its Bonds – If the Rule of Law is Enforced
- 2/20 – 2/24 V of Galt: DOOMER WEEK
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Breaking News Archive
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Greek Bond Yields Explode as 1 year moves 100 bps to over 752% in One Day
Posted on February 22, 2012 | No Commentsby John Galt February 22, 2012 05:30 ET In what can only be called a determination of default by investors, the sell off of Greece’s short term debt tells a tale of woe. The 1 year bond yield moved from yesterday’s close of 652% to 752% overnight while the 2 year moved a whopping 20 bps from 192% to... -
The Social Experiment Called the U.S. Military is a Roman Failure
Posted on February 21, 2012 | 1 Commentby John Galt February 21, 2012 19:20 ET Social Experimentation……Check Feminization……..Check Rampant Homosexuality……Check Sensitivity Training…….Check Understanding instead of killing our enemies…….Check End of the United States………Soon. Tonight’s story of disgust, disgrace, and shame comes to us courtesy of this video and story from the U.S. Military’s newspaper, Stars & Stripes: And the purpose of this insanity? Soldiers don fake... -
2.21.12 AEP: Greek debt accord hostage to political passions
Posted on February 21, 2012 | No Commentsby John Galt February 21, 2012 18:10 ET The first three portions of Ambrose Evans-Pritchard’s commentary on the Greek tragedy today drop a huge hint as to what is coming in the Balkans: Greek elections in April are likely to sweep away the political class tainted by the hated “Memorandum” of the EU-IMF Troika, with the once dominant PASOK... -
Greece elects to Default on its Bonds – If the Rule of Law is Enforced
Posted on February 21, 2012 | No Commentsby John Galt February 21, 2012 05:05 ET The technocrats are all patting themselves on the back but the truth about today’s “bailout” announcement comes from the Hellenic Financial Authority and its statement today (via The Athens News): The Hellenic Republic today announced the key terms of a voluntary transaction in furtherance of the 26 October 2011 Euro Summit... -
2/20 – 2/24 V of Galt: DOOMER WEEK
Posted on February 20, 2012 | No CommentsBy John Galt February 20, 2012 12:30 ET Starting tonight, a series of programs to highlight how far we have fallen, how fast, and to determine together just how much time we might have remaining. Monday February 20th: Economic Doomfest Tuesday February 21st: The New Order of Doom Wednesday February 22nd: Final Preparations Thursday February 23rd: The War to End... -
A Quantum Leap has Arrived: The Single Atom Transistor
Posted on February 19, 2012 | No Commentsby John Galt February 19, 2012 21:00 ET IF, and a big if at that, my generation and the one before mine does not destroy the world again in a mindless war, a quantum leap in technology has arrived which could change the future. The future could indeed evolve into the “Star Trek” type of world that many of... -
Obama’s Slut Tax
Posted on February 19, 2012 | No Commentsby John Galt February 19, 2012 18:10 ET Slut. Skank. Loose woman. Easy Girl. Whore. The degrading words applied to women who were promiscuous in the era when I was a young man and as the sexual revolution emerged to dismiss those terms and replace them with the liberation theology of feminism. Yet some thirty years after the argument appeared... -
2/19 AEP: Can a return to the drachma save Greece as unemployment soars?
Posted on February 19, 2012 | No Commentsby John Galt February 19, 2012 17:00 ET Different weekend, same headlines. Another deal, another bail out rumor, another saving of the Euro, and another piece of wood on to the pyre inflaming and destroying the oldest democracy in world history. Yet while the Greeks suffer, Berlin fiddles. Tonight, Ambrose Evans-Pritchard in the U.K. Telegraph addresses the idea of... -
And here’s the Video of the Animal Right’s Loons Illegal Drone Being blasted out of the Sky
Posted on February 18, 2012 | No Commentsby John Galt February 18, 2012 21:30 ET While the words “illegal” are thrown around by these social misfits quite conveniently, their is also no right to conduct surveillance activities over private property with a drone from public lands either unless the Federal government, aka, the FAA, has provided permission to do so. While the law was passed by... -
2.17.12 AEP: Iceland’s Viking Victory
Posted on February 17, 2012 | No Commentsby John Galt February 17, 2012 19:15 ET So much for the “how dare you” mindset of the British and European banksters who wanted to invade Iceland with military force to take over the nation and insure they pay their debts back to their nations. Once the people Iceland elected to remain independent and not become victims of European... -
At 600% the One Year Greek Bond Yield demonstrates the Absurdity of it all
Posted on February 17, 2012 | No Commentsby John Galt February 17, 2012 05:20 ET Of course TPTB will tell us, just like they did with Indymac, Fannie, Freddie, and Bear Stearns that is “contained” and no big deal. Of course tell the Greeks digging through dumpsters this fact and I’m sure they will provide you with a sip from a Molotov cocktail. I give this... -
I am a Patrioterrorist
Posted on February 16, 2012 | 5 Commentsby John Galt February 17, 2012 05:30 ET I am a Patrioterrorist. I believe the following: We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are... -
2/16 Housing Data: More Depressing News in Realityville
Posted on February 16, 2012 | No Commentsby John Galt February 16, 2012 21:45 ET The housing news, as usual, was spun by the Obamamedia, the Fedomedia, and the Bullmedia as the ultimate sign that once again, for the 113th time in 4 years, “We’ve turned the corner!” And as the unicorn pooping skittles and rainbows sprayed the news over Wall Street and the gullible morons... -
Weekly Unemployment Claims: Don’t Worry, be Happy
Posted on February 16, 2012 | No Commentsby John Galt February 16, 2012 18:15 ET The Great Messiah has cured all of our unemployment woes so if you’re one of the slugs who filed last week, obviously you are a Republican and hate black people. Of course, that’s what the mainstream media would have you believe as reality is not what these numbers reflect. In many... -
Weekly FDIC Bank Chart Update courtesy of CalOkie
Posted on February 16, 2012 | No Commentsby John Galt February 16, 2012 17:40 ET Many thanks to CalOkie for the latest updates on the FDIC bank failures from last week as the Treasury and the government continue to avoid the major regional bankster problem and concentrate on community banks which are faltering thanks to the idiots who conceived Dodd-Frank. Of course, the major banksters like... -
The Water Wars have Begun
Posted on February 14, 2012 | No Commentsby John Galt February 14, 2012 05:30 ET Way, way, way back in history, well, 2010 to be exact, a number of financial and geopolitical writers began to warn about the impending resource wars which would focus on energy, food, and water. Water was the most precarious of resources as it was strictly a geographically limited resource and required... -
Prepetorial #27: A Pledge of Allegiance
Posted on February 13, 2012 | No Commentsby John Galt February 13, 2012 22:30 ET “I pledge allegiance, To the flag, Of the United World States of Freedom, And to the Democracy, For which it stands, United, In Peace, Freedom, Liberty, And Social Justice for all.” After the children in Mrs. Halstead’s third grade class at Woodrow Wilson Elementary School of Muncie, Indiana finished the... -
And after all the drama guess what? Greece is still Insolvent
Posted on February 12, 2012 | No Commentsby John Galt February 12, 2012 17:50 ET The sad sorry joke being perpetuated on the citizens of Greece who are clueless sheep and the mindless individual investors, what few are left, playing the Wall Street casino, is that tonight’s vote on the new Greek austerity program by the Greek parliament is irrelevant. The nation of Greece is completely... -
2.12.12 AEP: Germany’s Carthaginian terms for Greece
Posted on February 12, 2012 | No Commentsby John Galt February 12, 2012 16:45 ET Tonight’s editorial from Ambrose Evans-Pritchard in the U.K. Telegraph is perhaps the starkest commentary yet on the disaster in the European Union and inside of Greece: Germany’s Carthaginian terms for Greece (click on the title to read the commentary in full) One sentence describes the EU’s folly best of all in... -
The Romney Record of Severe Conservatism in one Video
Posted on February 12, 2012 | No Commentsby John Galt February 12, 2012 12:20 ET Yes, the following video, in the man’s own words, certainly sounds like a record of “severe” conservatism. Rush Limbaugh even questioned the phrase on this past Friday’s show which was astonishing to me because he is certainly less than enchanted with the idea of Mitt being the nominee due to his... -
Live Video from Athens as the Greek Parliament debates
Posted on February 12, 2012 | No Commentsby John Galt February 12, 2012 10:50 ET From Zougla.gr: Today’s debate and vote later on might be a forgone conclusion, but the reaction of the masses in the street is what will be most fascinating to watch. -
Meanwhile in Greece the Protesters scream “Nazis Out!” as they Burn German Flags
Posted on February 7, 2012 | No Commentsby John Galt February 7, 2012 22:05 ET (Photo from Eurokinissi) It’s a good thing the IMF, the Troika, the ECB, and German masters have settled the Greek crisis. Of course that explains why this story from The Athens News was a “positive” reaction to the German imposed bankster austerity settlement whispered, rumored, and leaked today: Strike protesters burn... -
Abortion via Vending Machine
Posted on February 7, 2012 | 1 Commentby John Galt February 7, 2012 09:15 ET Isn’t America just a ducky nation? First we blessed animals who engaged in late period abortions by murdering infants and now anyone can do it with a purchase at a vending machine. This story from CBS in Philadelphia: Shippensburg University To Offer Plan B Contraception From Vending Machine For some... -
2.7.12 AEP: An orderly EMU break-up, à la Française
Posted on February 7, 2012 | No Commentsby John Galt February 7, 2012 18:55 ET With the hour by hour, minute by minute, second by second, millisecond by millisecond, and of course, microsecond by microsecond breaking rumors, er, “news” about a potential Greek bailout since 2009, the markets and reality are beginning to come up with answers to the inevitable break up of the European Monetary... -
130 Million Americans without Electricity? It’s possible in 2013…
Posted on February 7, 2012 | No Commentsby John Galt February 7, 2012 18:00 ET Early in 2013, the eleven year solar cycle which has been running a tad bit behind schedule will finally peak and some engineers are concerned about the consequences of the event. Consider the following: - Utilities have been generally negligent in maintaining older systems or upgrading to handle sudden shocks or... -
1 Year Greek Bond Yields Surge over 500%
Posted on February 6, 2012 | No Commentsby John Galt February 6, 2012 05:25 ET All the Troika talks, politician’s lies, and banksters extortionist threats couldn’t put Humpty Dumptikos back together again. The graphic be;pw via Bloomberg.com says all you need to know about a Greek default being an inevitability, no matter what lies the television talking heads or Eurozone political elites present on a daily... -
How Iran could Win a War against Israel and the United States in One Hour
Posted on February 5, 2012 | 18 Commentsby John Galt February 6, 2012 05:00 ET In less than sixty minutes, the tiny nation of Iran could easily defeat two of the mightiest military powers in the world if they are allowed to engage in a first strike opportunity against both of those nations. This is not some far-fetched idea as U.S. and Israeli military planners are... -
2.5.12 AEP: French socialists’ Latin revolt against Germany
Posted on February 5, 2012 | No Commentsby John Galt February 5, 2012 16:15 ET The furor being raised at Germany and its policies designed to impose a new order of economic dictatorship over the poor nations of Europe and the weak banksters of the continent is now being openly expressed by the French socialists, as expressed in Ambrose Evans-Pritchard’s column from tonight’s edition of the U.K.... -
The Must Read Story about the Foreclosure Fraud in the U.S.A.
Posted on February 5, 2012 | No Commentsby John Galt February 5, 2012 11:15 ET Gretchen Morgenson has produced a story in this morning’s edition of the New York Times which is a must read as a primer regarding the severity of fraud within the mortgage and real estate industry: A Mortgage Tornado Warning, Unheeded (Click on the title to read the story in full) The one... -
And another Domino begins to fall during the Islamist Winter: Kuwait
Posted on February 5, 2012 | 1 Commentby John Galt February 5, 2012 08:40 ET The United States citizenry continues to enjoy this bubble of disbelief, told repeatedly that the threats of the Arab Spring uprisings are overblown and that the concerns expressed are rantings of anti-Obama and anti-Democracy forces. Unfortunately for one of the most inept State Department regimes in U.S. history, the Arab Spring did... -
The Absolute Must See Video which will send a Chill Down your Spine
Posted on February 2, 2012 | 4 Commentsby John Galt January 24, 2012 21:30 ET No comment is necessary. Thanks to Ray from Just Measures Radio’s chat room for the link. Amazon.com Widgets Pray for Israel, Pray for peace. -
2.2.12 Weekly Unemployment Claims: The Hype is just that
Posted on February 2, 2012 | No Commentsby John Galt February 2, 2012 17:15 ET The Obama administration, Federal Reserve, and their compliant slugs in the mainstream media continue to ignore reality and issue glowing reports from the Department of Propaganda as usual. Reality? The non-seasonally adjusted claims continue to indicate that job creation is sluggish and akin to 0% growth or recessionary indications and the... -
All of the Prepetorials have been Restored thanks to Raging Ray
Posted on January 30, 2012 | No Commentsby John Galt January 30, 2012 19:45 ET A HUGE thank you to one of my listeners who goes by the handle of “Raging Ray” who found my missing Prepetorials and emailed them to me. The entire series is now available as a separate page or you can click on what you have missed by following the links below. Thank... -
Thankfully, it Can’t Happen Here
Posted on January 30, 2012 | No Commentsby John Galt January 30, 2012 18:25 ET Or can it? More on the podcast at 8 p.m. ET tonight. -
1.30.12 – CalOkie Bank Failure Page Update
Posted on January 30, 2012 | No Commentsby John Galt January 30, 2012 18:00 ET The bank failures on Friday indicate that Turbo Timmy and his boys have some money to play with now and the disaster of massive bank failures might have receded in 2010-2011 but this is 2012 and selective strikes against ‘red state’ political points for attack or worse, to create panic before the... -
Best Bank of America Parody Video Ever
Posted on January 30, 2012 | No Commentsby John Galt January 30, 2012 17:15T Thank you Funny or Die !!!!! (Click here for the link) Thanks, Bank of America! – watch more funny videos -
2011 Housing Report: The Worst Year in Modern History
Posted on January 29, 2012 | No Commentsby John Galt January 29, 2012 22:00 ET There will be great discussion about the “recovery” of 2011, but the reality of just how dire the economy is for Main Street is best defined by the one asset the average soul attempts to hold up as their primary investment, the single family house. Unfortunately for the political elites, the disaster... -
1.27.12 FDIC Friday: 4 Failures as of 7 p.m. EST in FL, MN, TN
Posted on January 27, 2012 | No Commentsby John Galt January 27, 2012 19:30 ET I guess Turbo Timmy has given the FDIC the green light to shut down some of the insolvent masses. One wonders how long the authorities will let some of the insolvent regional banks operate now. Click on the bank’s name to read the FDIC report below: BankEast, Knoxville, TN Patriot Bank... -
How Ron Paul Lost my Vote Tonight
Posted on January 26, 2012 | 4 Commentsby John Galt January 26, 2012 22:15 ET On Sunday night, January 29, 2012, I’ll point out the voting records and “warts” of all the candidates in one posting. For the record, none of them are conservatives in the traditional “Republican” or “Goldwater” sense of the word. In fact Dr. Paul actually was winning the night until the comment... -
Bank Failure Friday Bottom Bounce?
Posted on January 25, 2012 | No CommentsBy CalOkie 1/23/2012 For those of us watching, last year was became very predictable. Predictable meaning last year’s monthly bank failure DIF cost totals, followed a well established 17 month pattern which had started in 2010. When the pattern broke, bank failures and DIF cost plummeted. We sort of hit a BOTTOM for the last 8 weeks. Since it...
