<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Shenandoah</title>
	<atom:link href="http://johngaltfla.com/wordpress/feed/" rel="self" type="application/rss+xml" />
	<link>http://johngaltfla.com/wordpress</link>
	<description>Terminus of orbis terrarium ut not teneo is</description>
	<lastBuildDate>Wed, 22 Feb 2012 10:36:00 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.2.1</generator>
		<item>
		<title>Greek Bond Yields Explode as 1 year moves 100 bps to over 752% in One Day</title>
		<link>http://johngaltfla.com/wordpress/2012/02/22/greek-bond-yields-explode-as-1-year-moves-100-bps-to-over-752-in-one-day/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/22/greek-bond-yields-explode-as-1-year-moves-100-bps-to-over-752-in-one-day/#comments</comments>
		<pubDate>Wed, 22 Feb 2012 10:30:22 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[BANKSTERS]]></category>
		<category><![CDATA[COLLAPSE]]></category>
		<category><![CDATA[crash]]></category>
		<category><![CDATA[CRISIS]]></category>
		<category><![CDATA[depression]]></category>
		<category><![CDATA[DRACHMA]]></category>
		<category><![CDATA[ECB]]></category>
		<category><![CDATA[ECONOMY]]></category>
		<category><![CDATA[EURO]]></category>
		<category><![CDATA[EUROPEAN UNION]]></category>
		<category><![CDATA[EUROZONE]]></category>
		<category><![CDATA[GREECE]]></category>
		<category><![CDATA[PIIGS]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14597</guid>
		<description><![CDATA[by John Galt February 22, 2012 05:30 ET &#160; In what can only be called a determination of default by investors, the sell off of Greece&#8217;s short term debt tells a tale of woe. The 1 year bond yield moved from yesterday&#8217;s close of 652% to 752% overnight while the 2 year moved a whopping 20 bps from 192% to...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 22, 2012 05:30 ET</span></span></strong></p>
<p>&nbsp;</p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">In what can only be called a determination of default by investors, the sell off of Greece&#8217;s short term debt tells a tale of woe. The 1 year bond yield moved from yesterday&#8217;s close of 652% to 752% overnight while the 2 year moved a whopping 20 bps from 192% to 212%. If this isn&#8217;t the true vote on the alleged ECB/IMF &#8220;bailout&#8221; I do not know what is. This is a nation falling into disarray, default, and ultimately anarchy if they do not act to withdraw from the European Union and re-establish their own currency. The Icelandic solution may not be pretty, but there will be no private buyers for Greek debt after the CAC laws and mandatory defaults are enacted.</span></span></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p style="text-align: center;"><em><strong><span style="font-size: x-small;"><a href="http://www.bloomberg.com/quote/GGGB1YR:IND/chart" target="_blank">(charts from Bloomberg.com)</a></span></strong></em></p>
<p style="text-align: center;"><a href="http://johngaltfla.com/wordpress/wp-content/uploads/2012/02/GREEK1YRYIELD_jgfla022212.jpg"><img class="aligncenter size-full wp-image-14598" title="GREEK1YRYIELD_jgfla022212" src="http://johngaltfla.com/wordpress/wp-content/uploads/2012/02/GREEK1YRYIELD_jgfla022212.jpg" alt="" width="462" height="452" /></a></p>
<p style="text-align: center;"><a href="http://johngaltfla.com/wordpress/wp-content/uploads/2012/02/GREEK2YRYIELD_jgfla022212.jpg"><img class="aligncenter size-full wp-image-14599" title="GREEK2YRYIELD_jgfla022212" src="http://johngaltfla.com/wordpress/wp-content/uploads/2012/02/GREEK2YRYIELD_jgfla022212.jpg" alt="" width="462" height="468" /></a><em><strong></strong></em></p>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/22/greek-bond-yields-explode-as-1-year-moves-100-bps-to-over-752-in-one-day/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Social Experiment Called the U.S. Military is a Roman Failure</title>
		<link>http://johngaltfla.com/wordpress/2012/02/21/the-social-experiment-called-the-u-s-military-is-a-roman-failure/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/21/the-social-experiment-called-the-u-s-military-is-a-roman-failure/#comments</comments>
		<pubDate>Wed, 22 Feb 2012 00:16:30 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[Religion & Culture]]></category>
		<category><![CDATA[U.S. News]]></category>
		<category><![CDATA[FEMINIZATION]]></category>
		<category><![CDATA[MILITARY]]></category>
		<category><![CDATA[MONTY PYTHON]]></category>
		<category><![CDATA[STARS AND STRIPES]]></category>
		<category><![CDATA[U.S. ARMY]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14590</guid>
		<description><![CDATA[by John Galt February 21, 2012 19:20 ET &#160; Social Experimentation&#8230;&#8230;Check Feminization&#8230;&#8230;..Check Rampant Homosexuality&#8230;&#8230;Check Sensitivity Training&#8230;&#8230;.Check Understanding instead of killing our enemies&#8230;&#8230;.Check End of the United States&#8230;&#8230;&#8230;Soon. Tonight&#8217;s story of disgust, disgrace, and shame comes to us courtesy of this video and story from the U.S. Military&#8217;s newspaper, Stars &#38; Stripes: And the purpose of this insanity? Soldiers don fake...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 21, 2012 19:20 ET</span></span></strong></p>
<p>&nbsp;</p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">Social Experimentation&#8230;&#8230;Check<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
Feminization&#8230;&#8230;..Check<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
Rampant Homosexuality&#8230;&#8230;Check<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
Sensitivity Training&#8230;&#8230;.Check<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
Understanding instead of killing our enemies&#8230;&#8230;.Check<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
End of the United States&#8230;&#8230;&#8230;Soon.<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
Tonight&#8217;s story of disgust, disgrace, and shame comes to us courtesy of this video and story from the U.S. Military&#8217;s newspaper, <em>Stars &amp; Stripes</em>:</span></span></span></span></span></span></span></span></span></span></span></span></span></span></p>
<p><object width="462" height="343" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/dkygJFFvobs?version=3&amp;hl=en_US" /><param name="allowfullscreen" value="true" /><embed width="462" height="343" type="application/x-shockwave-flash" src="http://www.youtube.com/v/dkygJFFvobs?version=3&amp;hl=en_US" allowFullScreen="true" allowscriptaccess="always" allowfullscreen="true" /></object><br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
And the purpose of this insanity?</span></span></p>
<h3><a href="http://www.stripes.com/news/soldiers-don-fake-belly-breasts-to-better-understand-pregnant-troops-exercise-concerns-1.168786" target="_blank">Soldiers don fake belly, breasts to better understand pregnant troops&#8217; exercise concerns</a></h3>
<p><span style="font-size: x-small;">(To read the full story, click on title above)<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
To quote what I think General George C. Patton would say: &#8220;Are you F!#?&#8217;(#@ kidding me!?!?!?&#8221;<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
The military serves one distinct purpose:<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
To kill people and break things to keep the American sheeple safe from foreign enemies.<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
Considering the social experimentation first expanded by the Clinton regime, enhanced by the also politically correct Bush II regime, is it any wonder we have NCO&#8217;s wearing fake baby bellies and breasts to &#8220;emulate&#8221; the &#8220;feelings&#8221; of pregnant women in the military who have no business serving in the military especially since according to the NeoCons and DemoCommies we are still enduring a time of alleged &#8220;War.&#8221;<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
I guess what is next is the beginning of homosexual training drills to raise the sensitivities of our fighting &#8220;men&#8221; and &#8220;women&#8221; during shower time and to provide a shoulder to cry on when the enemy troops shout &#8220;Fag&#8221; in Arabic or Farsi. Thankfully Monty Python has already provided some instructional video years ago to prepare America&#8217;s &#8220;new, modern&#8221; fighting forces:<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
<object width="462" height="343" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/25Qhbdijv5Y?version=3&amp;hl=en_US" /><param name="allowfullscreen" value="true" /><embed width="462" height="343" type="application/x-shockwave-flash" src="http://www.youtube.com/v/25Qhbdijv5Y?version=3&amp;hl=en_US" allowFullScreen="true" allowscriptaccess="always" allowfullscreen="true" /></object></span></span></span></span></span></span></span></span></span></span></span></span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">Even the ghosts of the dead Roman Legions of the failed Republic are laughing at our military now. Hell, I&#8217;ll bet even the French are getting a chuckle also.</span></span></p>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/21/the-social-experiment-called-the-u-s-military-is-a-roman-failure/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>2.21.12 AEP: Greek debt accord hostage to political passions</title>
		<link>http://johngaltfla.com/wordpress/2012/02/21/2-21-12-aep-greek-debt-accord-hostage-to-political-passions/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/21/2-21-12-aep-greek-debt-accord-hostage-to-political-passions/#comments</comments>
		<pubDate>Tue, 21 Feb 2012 23:10:40 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[AMBROSE EVANS-PRITCHARD]]></category>
		<category><![CDATA[COLLAPSE]]></category>
		<category><![CDATA[CRISIS]]></category>
		<category><![CDATA[depression]]></category>
		<category><![CDATA[ECB]]></category>
		<category><![CDATA[ECONOMY]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[EURO]]></category>
		<category><![CDATA[EUROPEAN UNION]]></category>
		<category><![CDATA[EUROZONE]]></category>
		<category><![CDATA[GREECE]]></category>
		<category><![CDATA[PIIGS]]></category>
		<category><![CDATA[UK TELEGRAPH]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14588</guid>
		<description><![CDATA[by John Galt February 21, 2012 18:10 ET &#160; The first three portions of Ambrose Evans-Pritchard&#8217;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 &#8220;Memorandum&#8221; of the EU-IMF Troika, with the once dominant PASOK...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 21, 2012 18:10 ET</span></span></strong></p>
<p>&nbsp;</p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">The first three portions of Ambrose Evans-Pritchard&#8217;s commentary on the Greek tragedy today drop a huge hint as to what is coming in the Balkans:</span></span></p>
<blockquote><p><em><strong>Greek elections in April are likely to sweep away the political class tainted by the hated &#8220;Memorandum&#8221; of the EU-IMF Troika, with the once dominant PASOK party down to 13pc in the latest poll and votes peeling away to the Communists, the Democratic Left, and Syriza.</strong></em></p>
<p><em><strong>Alexis Tsipras, the Syriza leader, told the Greek parliament on Tuesday that his country was victim of a &#8220;terrorist&#8221; assault. &#8220;This agreement is binding only on those who signed it. The accord carries the signature of a government with no popular legitimacy. It does not bind Greek democracy, or Greek society, or the Left. Very soon the sovereign people will regain their sovereignty,&#8221; he said.</strong></em></p>
<p><em><strong>Greek nationalists of all stripes are enraged by EU demands for an escrow account to dock Greek revenues at source for debt repayment, with an EU taskforce chief stationed permanently in Athens to enforce reforms. &#8220;If Europe keeps adding insult to injury, this is going to turn explosive,&#8221; said Dimitris Daskalopoulos, head of the Hellenic Federation of Enterprises.</strong></em></p></blockquote>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
For the uninitiated in the history and fire of the region, this means a civil war or direct rebellion against their bankster masters will soon be at hand. The Greeks look enviously at a nation like Iceland and realize the foolishness of their government&#8217;s ways while children dig through dumpsters for meals and buildings burn while bureaucrats remain indifferent to the suffering of the citizenry. This will end poorly as radicals will likely ascend to power in Greece and the specter of a cure for the Greek crisis shifts from the technocrats to the nationalists and those with a historic agenda of revenge against the enemies of the Hellenic culture.<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
To read the remainder of this must read editorial from the U.K. Telegraph, click on the title below:</span></span></span></span></p>
<h2><a href="http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9097005/Greek-debt-accord-hostage-to-political-passions.html" target="_blank">Greek debt accord hostage to political passions</a></h2>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/21/2-21-12-aep-greek-debt-accord-hostage-to-political-passions/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Greece elects to Default on its Bonds &#8211; If the Rule of Law is Enforced</title>
		<link>http://johngaltfla.com/wordpress/2012/02/21/greece-elects-to-default-on-its-bonds-if-the-rule-of-law-is-enforced/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/21/greece-elects-to-default-on-its-bonds-if-the-rule-of-law-is-enforced/#comments</comments>
		<pubDate>Tue, 21 Feb 2012 10:00:35 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[COLLAPSE]]></category>
		<category><![CDATA[crash]]></category>
		<category><![CDATA[CRISIS]]></category>
		<category><![CDATA[depression]]></category>
		<category><![CDATA[ECB]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[EUROPEAN UNION]]></category>
		<category><![CDATA[EUROZONE]]></category>
		<category><![CDATA[GREECE]]></category>
		<category><![CDATA[PIIGS]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14583</guid>
		<description><![CDATA[by John Galt February 21, 2012 05:05 ET &#160; The technocrats are all patting themselves on the back but the truth about today&#8217;s &#8220;bailout&#8221; 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...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 21, 2012 05:05 ET</span></span></strong></p>
<p>&nbsp;</p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">The technocrats are all patting themselves on the back but the truth about today&#8217;s &#8220;bailout&#8221; announcement comes from the Hellenic Financial Authority and its statement today (via <a href="http://www.athensnews.gr/portal/11/53476" target="_blank"><em><strong>The Athens News</strong></em></a>):</span></span></p>
<blockquote><p><em><strong>The Hellenic Republic today announced the key terms of a voluntary transaction in furtherance of the 26 October 2011 Euro Summit Statement, known as the Private Sector Involvement, and in the context of its economic reform programme that has been agreed with the European Union and the International Monetary Fund. The transaction is expected to include private sector holders of approximately EUR206 billion aggregate outstanding face amount of Greek bonds (excluding treasury bills).</strong></em></p>
<p><em><strong>The transaction is expected to involve a consent solicitation and an invitation to private sector holders of certain Greek bonds to exchange their holdings of existing Greek bonds for new bonds to be issued by the Hellenic Republic having a face amount equal to 31.5% of the face amount of the debt exchanged and notes of the European Financial Stability Facility maturing within 24 months having a face amount equal to 15% of the face amount of the debt exchanged, each to be delivered by the Hellenic Republic at settlement. Each participating holder will also receive detachable GDP-linked securities of the Hellenic Republic with a notional amount equal to the face amount of the new bonds of the Hellenic Republic issued to that participating holder. The full terms of the transaction will be set out in the relevant invitation memoranda which are expected to be made available in the coming week.</strong></em></p>
<p><em><strong>The Greek government will shortly submit to the Greek parliament a draft bill which, if passed, will introduce a collective action clause into eligible Greek law governed bonds of the Hellenic Republic as determined by the Council of Ministers of the Hellenic Republic. If passed, this law will be available to be used in the implementation of the PSI transaction if necessary to achieve participation at the levels anticipated by the 26 October 2011 Euro Summit Statement.</strong></em></p>
<p><em><strong>&#8220;A successful PSI transaction is required to bring Greece&#8217;s debt-to-GDP ratio on a downward path reaching 120.5% by 2020,&#8221; said Mr. Evangelos Venizelos, Greece&#8217;s Deputy Prime Minister and Minister of Finance. &#8220;It is also a condition for the continued disbursements by the official sector, which are essential for the implementation by Greece of its economic reform programme. We have been consulting with our private sector creditors to design a transaction that is consistent with the Euro Summit Statement of 26 October 2011 and that will both enjoy broad support from investors and further the country&#8217;s goal of achieving a sustainable debt profile.&#8221;</strong></em></p></blockquote>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">Translation? In two words or less this is called a selective default. The government is not redeeming the bonds issued at full face value nor will it ever meet the commitment to pay the new bonds back at full face value because an insolvent nation can not do so as long as it does not have sovereignty nor print its own currency allowing a dilution via monetary expansion. A Reauters article about Standard and Poor&#8217;s statement on CAC&#8217;s addressed this subject (<a href="http://www.reuters.com/article/2012/02/10/idUSWNA996620120210" target="_blank"><em><strong>S&amp;P:Greece retroactive CAC would constitute selective default</strong></em></a> &#8211; click title to read the full story) where it was stated:</span></span></p>
<blockquote><p><em><strong>Feb 10 &#8211; Standard &amp; Poor&#8217;s Ratings Services said today that under its ratings criteria, application of retroactive &#8220;Collective Action Clauses&#8221; (CACs) affecting the timing or amount of debt service payments on outstanding Greek-law governed sovereign debt would constitute a selective default. Were such CACs implemented, Standard Poor&#8217;s would lower the sovereign credit rating (the issuer credit rating) on Greece to &#8216;SD&#8217;.</strong></em></p>
<p><em><strong>In the case of the Greek parliament passing legislation that would permit the amendment of Greek-law governed outstanding sovereign debt issues to retroactively include CACs, we would lower the issue ratings on debt issues concerned to &#8216;D&#8217; from &#8216;CC&#8217;. For non-Greek-law governed sovereign debt issues unaffected by any change in Greek law, we would maintain our issue ratings on such non-Greek-law governed issues at &#8216;CC&#8217;, but subsequently lower the issue ratings to &#8216;D&#8217; if and when they became eligible for the upcoming debt exchange. Under Standard &amp; Poor&#8217;s criteria, an issuer&#8217;s unilateral change of the original terms and conditions of an obligation&#8211;even if not necessarily significant&#8211;may be viewed as a de facto restructuring and thus an event of default (see &#8220;Rating Implications Of Exchange Offers And Similar Restructurings, Update&#8221;, May 12, 2009).</strong></em></p>
<p><em><strong>Under our criteria, the definition of &#8220;restructuring&#8221; includes exchange offers featuring the issuance of new debt with less favorable terms than those of the original issue without what we view to be adequate offsetting compensation. &#8220;Less favorable terms&#8221; may include, for example, reduced principal amount, extended maturities, lower coupon, different currency of payment, different legal characteristics that affect debt service, or effective subordination. While we do not generally view CACs (to the extent included in an original issuance) as changing a government&#8217;s incentives to honor its full and timely payment obligations, in light of the protracted discussions over Greece&#8217;s sovereign debt we take the view that legislation leading to the Greek government&#8217;s introducing CACs to outstanding Greek sovereign debt issuances indicates a forthcoming debt restructuring, which we expect to take place in the coming weeks.</strong></em></p></blockquote>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">The pressure on the ratings agencies to not engage in the legal, lawful, and proper practice of placing the selective default tag on Greece&#8217;s debt will be immense. The European Union bureaucrats and banksters are busy patting themselves on the back yet nothing has changed from one day, one week, or one year ago. The nation of Greece is insolvent and by implementing a plan with direct Troika oversight that usurps the sovereignty of the nation further a spark has been lit which will ultimately lead to a nationalist fervor that will end in either revolution or withdrawal from the European Union and direct default under the new oppressive terms. </span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">The reaction of the markets is notable however as the 1 year Greek bond yield rose to 682% before falling to 644% in early morning trade as the announcements were being made. All this means to the average person is that for the next three weeks, Greece will no longer be the headline of the day and Portugal, Ireland, Italy, Spain, Hungary, or some other nation will take its place in the short term.</span></span></p>
<p>&nbsp;</p>
<p style="text-align: center;"><a href="http://johngaltfla.com/wordpress/wp-content/uploads/2012/02/GREEK_1YRyield0221.jpg"><img class="aligncenter size-full wp-image-14584" title="GREEK_1YRyield0221" src="http://johngaltfla.com/wordpress/wp-content/uploads/2012/02/GREEK_1YRyield0221.jpg" alt="" width="462" height="436" /></a><br />
<em><strong><span style="font-size: x-small;"><a href="http://www.bloomberg.com/quote/GGGB1YR:IND" target="_blank">(chart from Bloomberg.com)</a></span></strong></em></p>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/21/greece-elects-to-default-on-its-bonds-if-the-rule-of-law-is-enforced/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>2/20 &#8211; 2/24 V of Galt: DOOMER WEEK</title>
		<link>http://johngaltfla.com/wordpress/2012/02/20/220-224-v-of-galt-doomer-week/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/20/220-224-v-of-galt-doomer-week/#comments</comments>
		<pubDate>Mon, 20 Feb 2012 17:24:17 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[Just Measures Radio]]></category>
		<category><![CDATA[Voice of Galt]]></category>
		<category><![CDATA[APOCOLYPSE]]></category>
		<category><![CDATA[END OF AMERICA]]></category>
		<category><![CDATA[MARXISM]]></category>
		<category><![CDATA[PESTILENCE]]></category>
		<category><![CDATA[PREPPER]]></category>
		<category><![CDATA[SOCIALISM]]></category>
		<category><![CDATA[SURVIVALIST]]></category>
		<category><![CDATA[TRAGEDY]]></category>
		<category><![CDATA[WAR]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14572</guid>
		<description><![CDATA[By 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...]]></description>
			<content:encoded><![CDATA[<p><strong>By John Galt<br />
February 20, 2012 12:30 ET<br />
</strong></p>
<p>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.</p>
<p>Monday February 20th: Economic Doomfest<br />
Tuesday February 21st: The New Order of Doom<br />
Wednesday February 22nd: Final Preparations<br />
Thursday February 23rd: The War to End and Start all Wars<br />
Friday February 24th: Abandon all Hope</p>
<p>Tune in Monday through Friday at 8 p.m. ET at the link below.</p>
<p>Just click on the banner below to find the various audio players to listen or to participate in the chat room with like minded Americans.</p>
<p style="text-align: center;"><a title="just measures" href="http://justmeasurescs.com/?page_id=18" target="_blank"><img src="http://johngaltfla.com/wordpress/wp-content/uploads/2011/07/JMR_JGFLABLOG.jpg" alt="" width="460" height="110" border="0" /></a></p>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/20/220-224-v-of-galt-doomer-week/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Quantum Leap has Arrived: The Single Atom Transistor</title>
		<link>http://johngaltfla.com/wordpress/2012/02/19/a-quantum-leap-has-arrived-the-single-atom-transistor/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/19/a-quantum-leap-has-arrived-the-single-atom-transistor/#comments</comments>
		<pubDate>Mon, 20 Feb 2012 02:04:30 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[Other News]]></category>
		<category><![CDATA[AUSTRALIA]]></category>
		<category><![CDATA[DR MARINT FUESCHLE]]></category>
		<category><![CDATA[NANOCOMPUTER]]></category>
		<category><![CDATA[SINGLE ATOM TRANSISTOR]]></category>
		<category><![CDATA[SUPER CONMPUTER]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14569</guid>
		<description><![CDATA[by John Galt February 19, 2012 21:00 ET &#160; 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 &#8220;Star Trek&#8221; type of world that many of...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 19, 2012 21:00 ET</span></span></strong></p>
<p>&nbsp;</p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;"> 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 &#8220;Star Trek&#8221; type of world that many of us grew up on praying we would one day witness. The story is what I would call a momentous move into developing the next generation of computers and electronic devices which hopefully will lead to a better world.<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
In the mean time, thank the Australian scientists and hope this is a sign of a better future. To read the complete story from the Australian Broadcasting Corporation, click on the title below: </span></span></span></span></p>
<h2><a href="http://www.abc.net.au/news/2012-02-20/team-designs-world27s-smallest-transistor/3839524">Aussie scientists unveil single-atom transistor</a></h2>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/19/a-quantum-leap-has-arrived-the-single-atom-transistor/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Obama&#8217;s Slut Tax</title>
		<link>http://johngaltfla.com/wordpress/2012/02/19/obamas-slut-tax/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/19/obamas-slut-tax/#comments</comments>
		<pubDate>Sun, 19 Feb 2012 23:10:13 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[Religion & Culture]]></category>
		<category><![CDATA[U.S. Politics]]></category>
		<category><![CDATA[CATHOLIC CHURCH]]></category>
		<category><![CDATA[CONTRACEPTION]]></category>
		<category><![CDATA[HEALTH & HUMAN SERVICES]]></category>
		<category><![CDATA[HHS]]></category>
		<category><![CDATA[LIBEWRATION THEOLOGY]]></category>
		<category><![CDATA[MARXISM]]></category>
		<category><![CDATA[MORALITY]]></category>
		<category><![CDATA[OBAMA]]></category>
		<category><![CDATA[RELIGION]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14547</guid>
		<description><![CDATA[by 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...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 19, 2012 18:10 ET</span></span></strong><br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
Slut.<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
Skank.<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
Loose woman.<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
Easy Girl.<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
Whore.<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
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 to have been settled where the moral leadership of our nation agreed to fight the good fight within the rules of the Constitution and attempt to overturn the literally thousands of violations of the 10th Amendment imposed by feminism and Fabian Socialists, the current President of the United States has elected to impose a slut tax on every business and religious organization regardless of the Constitution or morality of such an act.<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
Welcome to the new century of Caligula style leadership, minus the orgy of disgrace in the Oval Office during the Clinton era.<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
The American people have been so conditioned to the ideas of free-wheeling sex, unrepentant rejection of the moral ideals which made this nation great, and the acceptance of feminism as a mainstream way of life. If a woman elects to not have sex until she gets married her friends, if they know, and the media of this nation paint this woman as some sort of freak, an anachronism that should just be shuffled off to the grouping known as &#8220;religious freaks&#8221; by the average citizen. Yet in this era of exploding cases of incurable sexually transmitted diseases, single parents, and record welfare roles, the President of the United States of America has elected to encourage this very behavior by imposing a slut tax on productive corporate citizens and the Church, regardless of their economic or moral stand on the issue.<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
Using the power of the gun, the United States government via the Department of Health and Human Services has issued a mandate which was allegedly reset with a grand &#8220;compromise&#8221; by America&#8217;s Messiah to only make the insurance companies pay for the free distribution of contraception because apparently the closest convenience store offering it was not sufficient to the progressive movement. The alleged compromise is that the churches who were offended by having the United States point a gun at them to implement an immoral policy will not be forced to directly implement this policy. However, the problem is that the revision offered by President Obama still imposes a tax on all churches, employers, and indirectly employees to pay a higher cost for health care even if they disagree with the moral imposition created by this directive. This means that insurance companies like the Catholic Health Association of the United States will be forced to pay for such morally and objectionable practices as the morning after pill, and eventually if this administration wins four more years, abortion on demand.</span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">For those doubters who are foolish enough to think this will not happen, obviously those souls have not been paying any attention to what the administration has been implementing against business on a regular basis via a myriad of regulatory actions without Congressional or Judicial oversight. Assume the best case scenario and the regime only implements the plan against the will of the insurance industry. Does the CEO of the Lutheran Brotherhood go to jail because he refused to create a program to pay for the morning after pill or various birth control devices? Will a Bishop or Cardinal end up in shackles because they refuse to offer insurance which pays for or permits abortion or funding of birth control? In both cases the answer with this administration would be a resounding &#8220;yes.&#8221;<br />
</span></span><br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
So ladies, find the man of your choice and abandon all morals. Men, keep it unzipped because who cares about single moms, wrong and right, and what diseases one might spread. This is the &#8220;liberated&#8221; generation part two and everyone needs to let it all hang out. Then again, what would one expect from an administration filled with those who support Marxist ideologies, some of whom who studied and supported anti-American idealists, and those who experienced Liberation Theology first hand for decades, even if they did not listen from the pew.<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
Remember, murder is life.<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
Morality is irrelevant.<br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;"><br />
And religion is to based upon government approval.</p>
<p>&nbsp;</p>
<p>&nbsp;</span></span></span></span></span></span></span></span></p>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/19/obamas-slut-tax/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>2/19 AEP: Can a return to the drachma save Greece as unemployment soars?</title>
		<link>http://johngaltfla.com/wordpress/2012/02/19/219-aep-can-a-return-to-the-drachma-save-greece-as-unemployment-soars/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/19/219-aep-can-a-return-to-the-drachma-save-greece-as-unemployment-soars/#comments</comments>
		<pubDate>Sun, 19 Feb 2012 22:00:52 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[AMBROSE EVANS-PRITCHARD]]></category>
		<category><![CDATA[ECB]]></category>
		<category><![CDATA[ECONOMY]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[EUROPEAN UNION]]></category>
		<category><![CDATA[EUROZONE]]></category>
		<category><![CDATA[GREECE]]></category>
		<category><![CDATA[PIIGS]]></category>
		<category><![CDATA[UK TELEGRAPH]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14562</guid>
		<description><![CDATA[by John Galt February 19, 2012 17:00 ET &#160; 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...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 19, 2012 17:00 ET</span></span></strong></p>
<p>&nbsp;</p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">Different weekend, same headlines.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">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 saving the nation by restoring sovereignty. Too bad it appears to be another idea, too little, too late. To read the commentary in full, click on the title below:</span></span></p>
<h2><a href="http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9091837/Can-a-return-to-the-drachma-save-Greece-as-unemployment-soars.html" target="_blank">Can a return to the drachma save Greece as unemployment soars?</a></h2>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/19/219-aep-can-a-return-to-the-drachma-save-greece-as-unemployment-soars/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>And here&#8217;s the Video of the Animal Right&#8217;s Loons Illegal Drone Being blasted out of the Sky</title>
		<link>http://johngaltfla.com/wordpress/2012/02/18/and-heres-the-video-of-the-animal-rights-loons-illegal-drone-being-blasted-out-of-the-sky/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/18/and-heres-the-video-of-the-animal-rights-loons-illegal-drone-being-blasted-out-of-the-sky/#comments</comments>
		<pubDate>Sun, 19 Feb 2012 02:26:09 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[U.S. News]]></category>
		<category><![CDATA[ANIMAL RIGHTS LOONS]]></category>
		<category><![CDATA[DRONE]]></category>
		<category><![CDATA[SHARK]]></category>
		<category><![CDATA[SOUTH CAROLINA]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14554</guid>
		<description><![CDATA[by John Galt February 18, 2012 21:30 ET &#160; While the words &#8220;illegal&#8221; 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...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 18, 2012 21:30 ET</span></span></strong></p>
<p>&nbsp;</p>
<p><object width="462" height="265" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/UZgk1cRqAfs?version=3&amp;hl=en_US" /><param name="allowfullscreen" value="true" /><embed width="462" height="265" type="application/x-shockwave-flash" src="http://www.youtube.com/v/UZgk1cRqAfs?version=3&amp;hl=en_US" allowFullScreen="true" allowscriptaccess="always" allowfullscreen="true" /></object></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">While the words &#8220;illegal&#8221; 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 the Congress this week allowing for the development of such programs under the FAA. Hence, using this drone is a violation of the law unless the animal right&#8217;s loons have some sort of double secret probation pass from the Obama Messiah bureaucracy.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">Lastly, just for their information, SHARK is best served grilled until slightly flaky with real butter, lemon juice and black pepper. </span></span></p>
<p><em><span style="font-size: x-small;">(H/T AlphaOmegaman for emailing me the link to the YouTube video)</span></em></p>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/18/and-heres-the-video-of-the-animal-rights-loons-illegal-drone-being-blasted-out-of-the-sky/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>2.17.12 The Weekly Woo-Woo Report</title>
		<link>http://johngaltfla.com/wordpress/2012/02/17/2-17-12-the-weekly-woo-woo-report/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/17/2-17-12-the-weekly-woo-woo-report/#comments</comments>
		<pubDate>Sat, 18 Feb 2012 02:56:18 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Woo-Woo News]]></category>
		<category><![CDATA[POLITICS]]></category>
		<category><![CDATA[PORN]]></category>
		<category><![CDATA[PUTIN]]></category>
		<category><![CDATA[SANTORU]]></category>
		<category><![CDATA[WOO-WOO REPORT]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14552</guid>
		<description><![CDATA[by John Galt February 17, 2012 22:00 ET &#160; One can not subsist on bad news and reality alone so the reality of the outer fringes of our world&#8217;s society must be covered and even the mainstream media actually covers some real news, weird as it is, when necessary. Tonight, I start with some Barry White in honor of the...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 17, 2012 22:00 ET</span></span></strong></p>
<p>&nbsp;</p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">One can not subsist on bad news and reality alone so the reality of the outer fringes of our world&#8217;s society must be covered and even the mainstream media actually covers some real news, weird as it is, when necessary. Tonight, I start with some Barry White in honor of the now former Indian government officials who elected to &#8220;get it on&#8221; while working it out on the job.</span></span></p>
<p><object width="462" height="343" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/tB54XUhA9_w?version=3&amp;hl=en_US" /><param name="allowfullscreen" value="true" /><embed width="462" height="343" type="application/x-shockwave-flash" src="http://www.youtube.com/v/tB54XUhA9_w?version=3&amp;hl=en_US" allowFullScreen="true" allowscriptaccess="always" allowfullscreen="true" /></object></p>
<p>&nbsp;</p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: x-small;">Click on the links below to read the stories in full</span></span></p>
<h3><a href="http://www.reuters.com/article/2012/02/08/us-india-porn-idUSTRE8170VD20120208" target="_blank">India ministers quit after caught watching porn in parliament</a></h3>
<h3><a href="http://www.reuters.com/article/2012/02/07/us-germany-sauerkraut-idUSTRE8161JL20120207" target="_blank">Frozen sauerkraut causes German motorway chaos</a></h3>
<h3><a href="http://www.reuters.com/article/2012/02/10/us-russia-putin-lake-idUSTRE8191B320120210" target="_blank">Russia&#8217;s Putin gets a drink fit for dinosaurs</a></h3>
<h3><a href="http://www.thesmokinggun.com/buster/post-racial-america-768512" target="_blank">Post-Racial America: White Supremacist Joins Black Gang Member To Peddle Meth</a></h3>
<h3><a href="http://www.upi.com/Odd_News/2012/02/17/Women-tried-to-flash-for-beer-cash/UPI-72261329511444/" target="_blank">Women tried to flash for beer cash</a></h3>
<h3><a href="http://www.upi.com/Odd_News/2012/02/17/Son-wants-98-year-old-mom-evicted/UPI-10981329512312/" target="_blank">Son wants 98-year-old mom evicted</a></h3>
<h3><a href="http://denver.cbslocal.com/2012/02/13/man-spends-time-in-jail-for-not-having-a-dog-license/" target="_blank">Not Having A Dog License Leads To Jail Time</a></h3>
<h3><a href="http://www.navytimes.com/news/2012/02/navy-next-lcs-named-for-congresswoman-giffords-021012/" target="_blank">New LCS named for Gabrielle Giffords</a></h3>
<h3><a href="http://townhall.com/tipsheet/greghengler/2012/02/14/martin_bashir_santorum_sounds_more_like_staliin_than_pope_innocent_iii" target="_blank">Martin Bashir: Santorum &#8220;Sounds More Like Stalin&#8221;</a></h3>
<p>&nbsp;</p>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/17/2-17-12-the-weekly-woo-woo-report/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>2.17.12 AEP: Iceland&#8217;s Viking Victory</title>
		<link>http://johngaltfla.com/wordpress/2012/02/17/2-17-12-aep-icelands-viking-victory/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/17/2-17-12-aep-icelands-viking-victory/#comments</comments>
		<pubDate>Sat, 18 Feb 2012 00:12:09 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[AMBROSE EVANS-PRITCHARD]]></category>
		<category><![CDATA[ECB]]></category>
		<category><![CDATA[ECONOMY]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[EURO]]></category>
		<category><![CDATA[EUROPEAN UNION]]></category>
		<category><![CDATA[EUROZONE]]></category>
		<category><![CDATA[FITCH]]></category>
		<category><![CDATA[GREECE]]></category>
		<category><![CDATA[ICELAND]]></category>
		<category><![CDATA[PIIGS]]></category>
		<category><![CDATA[UK TELEGRAPH]]></category>
		<category><![CDATA[UPGRADE]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14543</guid>
		<description><![CDATA[by John Galt February 17, 2012 19:15 ET &#160; So much for the &#8220;how dare you&#8221; 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...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 17, 2012 19:15 ET</span></span></strong></p>
<p>&nbsp;</p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">So much for the &#8220;how dare you&#8221; 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 servitude the hard times began but now are ending just a few short years later. Tonight Ambrose Evans-Pritchard highlights the glorious Viking victory of the tiny nation and jabs at the EU technocrats who were salivating at seizing another nation without having to ask the American military to do the dirty work for them. This one comment from the article says it all:</span></span></p>
<blockquote><p><em><strong>The contrast with the unemployment catastrophe and debt-deflation spirals across Europe&#8217;s arc of depression is by now crystal clear. Those EMU shroud-wavers who persist in arguing that exit from the Europe would be suicidal will have to start coming up with a better argument.</strong></em></p>
<p><em><strong>Is it now so clear the Iceland will join the EU and the euro? Don&#8217;t bet on it.</strong></em></p></blockquote>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">To read the remainder of his commentary and the Fitch upgrade statement, click on the title of the commentary from the <em>U.K. Telegraph</em> below:</span></span></p>
<h2><a href="http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100015053/icelands-viking-victory/" target="_blank">Iceland&#8217;s Viking Victory</a></h2>
<h2></h2>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/17/2-17-12-aep-icelands-viking-victory/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>At 600% the One Year Greek Bond Yield demonstrates the Absurdity of it all</title>
		<link>http://johngaltfla.com/wordpress/2012/02/17/at-600-the-one-year-greek-bond-yield-demonstrates-the-absurdity-of-it-all/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/17/at-600-the-one-year-greek-bond-yield-demonstrates-the-absurdity-of-it-all/#comments</comments>
		<pubDate>Fri, 17 Feb 2012 10:22:55 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[BOND YIELD]]></category>
		<category><![CDATA[crash]]></category>
		<category><![CDATA[CRISIS]]></category>
		<category><![CDATA[depression]]></category>
		<category><![CDATA[ECB]]></category>
		<category><![CDATA[ECONOMY]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[EURO]]></category>
		<category><![CDATA[EUROPEAN UNION]]></category>
		<category><![CDATA[EUROZONE]]></category>
		<category><![CDATA[GREECE]]></category>
		<category><![CDATA[PIIGS]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14539</guid>
		<description><![CDATA[by John Galt February 17, 2012 05:20 ET &#160; Of course TPTB will tell us, just like they did with Indymac, Fannie, Freddie, and Bear Stearns that is &#8220;contained&#8221; and no big deal. Of course tell the Greeks digging through dumpsters this fact and I&#8217;m sure they will provide you with a sip from a Molotov cocktail. I give this...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 17, 2012 05:20 ET</span></span></strong></p>
<p>&nbsp;</p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">Of course TPTB will tell us, just like they did with Indymac, Fannie, Freddie, and Bear Stearns that is &#8220;contained&#8221; and no big deal. Of course tell the Greeks digging through dumpsters this fact and I&#8217;m sure they will provide you with a sip from a Molotov cocktail. I give this less than a month before we see a 1000% yield. The intraday high today, thus far, was a nasty 639%. Just wow.</span></span></p>
<p>&nbsp;</p>
<p style="text-align: center;"><a href="http://johngaltfla.com/wordpress/wp-content/uploads/2012/02/GREEK_1YRyIELD.jpg"><img class="aligncenter size-full wp-image-14540" title="GREEK_1YRyIELD" src="http://johngaltfla.com/wordpress/wp-content/uploads/2012/02/GREEK_1YRyIELD.jpg" alt="" width="462" height="444" /></a><br />
<em><strong><span style="font-size: x-small;"><a href="http://www.bloomberg.com/quote/GGGB1YR:IND/chart" target="_blank">(via Bloomberg.com)</a></span></strong></em></p>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/17/at-600-the-one-year-greek-bond-yield-demonstrates-the-absurdity-of-it-all/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>I am a Patrioterrorist</title>
		<link>http://johngaltfla.com/wordpress/2012/02/16/i-am-a-patrioterrorist/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/16/i-am-a-patrioterrorist/#comments</comments>
		<pubDate>Fri, 17 Feb 2012 04:00:44 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[Editorial]]></category>
		<category><![CDATA[2ND AMENDMENT]]></category>
		<category><![CDATA[4TH AMENDMENT]]></category>
		<category><![CDATA[BILL OF RIGHTS]]></category>
		<category><![CDATA[COMMUNITIES AGAINST TERRORISM]]></category>
		<category><![CDATA[CONSTITUTION]]></category>
		<category><![CDATA[DEPARTMENT OF HOMELAND SECURITY]]></category>
		<category><![CDATA[DEPARTMENT OF JUSTICE]]></category>
		<category><![CDATA[DHS]]></category>
		<category><![CDATA[FBI]]></category>
		<category><![CDATA[FREEDOM]]></category>
		<category><![CDATA[PATRIOT ACT]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14517</guid>
		<description><![CDATA[by John Galt February 17, 2012 05:30 ET &#160; 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...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 17, 2012 05:30 ET</span></span></strong></p>
<p>&nbsp;</p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">I am a Patrioterrorist.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">I believe the following:</span></span></p>
<p><em><span style="font-family: Georgia,serif;"><span style="font-size: small;"><strong>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 instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.</strong></span></span></em></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">I believe in the Bill of Rights. </span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">I believe that the rights of American citizens supersede those of non-citizens within the borders of this great nation, yet the government desires to institute an international or global standard of jurisprudence upon the people.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">I believe in using cash to prevent the risk of credit fraud or excessive waste and accumulation of debt for everyday or weekly purchases, while avoiding enslavement to the banks as a debtor.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">I believe in acquiring goods and services in large quantities or small without having to answer to others.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">I believe the Second Amendment to the United States Constitution only asks that I demonstrate that I am sane, legally able to, and of age to acquire firearms and ammunition but not explain why I wish to purchase a firearm to a neighbor, stranger, or bureaucrat.<br />
</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">I believe the United States must divorce itself from foreign entanglements and begin the process of repatriating our troops home, while honoring those who have served, and assisting the families of the fallen.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">I believe America should come first. All other nations should remain at the rear of the line.<br />
</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">I believe that all religions should have the right to be practiced within our borders until they begin to infringe upon the rights of others.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">I believe the two political parties are so corrupt that they are assisting in the destruction of our society at a cultural, economic, and international level.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">I believe that I should be allowed to purchase PVC pipe to repair my sprinkler system, nails for my nail gun, shovels for my yard, and fertilizer for my grass without being subjected to a Department of Homeland Security inquisition.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">I believe that I should be free to buy waterproof matches for camping, MRE&#8217;s for hiking, and those nifty .50 caliber ammunition boxes for storage without being put on a FBI watch list.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">I believe that I should not have to live my life in fear of my neighbors, children, or strangers contacting authorities and submitting false reports about my daily activities.</p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">I believe that I should be allowed to speak freely to my wife about the corruption and absolutism within our government while out in public without a clerk, stool pigeon, or dupe calling a toll free number and destroying my family&#8217;s life with accusations of crimes of which I am not guilty.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">I am a Patrioterrorist. If you believe in the Bill of Rights, the Torah, the Christian Bible, Hindu writings, peaceful Islamic script, anything that the Democrats or Republicans object to, or the ideals of our Founding Fathers, then you are a terrorist too.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">The reason for this editorial? Read the PDFs from the following series of FBI Fliers in the &#8220;Communities Against Terrorism&#8221; where what used to be everyday or seasonal activities for legitimate American citizens is now something worthy of calling the attention of the Federal government on to the shoulders of the allegedly guilty party. The America I grew up in defended and protected the rights for people to conduct business in private using cash, express dissent openly, and acquire goods in large quantities for future needs or while the price was still low. Now the past will not set one free but quite possibly entrap that poor soul into a NDAA detention without cause.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">Think about that as you read the brochures, because you will begin to realize that you might well be a terrorist suspect for no reason other than going to Home Depot, a gun show, or the grocery store in the near future. The near future being tomorrow.<br />
</span></span><br />
<span style="font-family: Georgia,serif;"><span style="font-size: small;">The following brochures are originated from the Public Intelligence Research Project. I have re-posted the most pertinent brochures for the reader so as to avoid duplication or scenarios the majority of citizens would not encounter. <em><strong><a href="http://publicintelligence.net/fbi-suspicious-activity-reporting-flyers/" target="_blank">To read all of the brochures, click on this link for the Public Intelligence website.</a></strong></em></span></span></p>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901379/content?start_page=1&view_mode=list&access_key=key-197cbu2eiw4zm2myxfsw" data-auto-height="true" scrolling="no" id="scribd_81901379" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901379">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901381/content?start_page=1&view_mode=list&access_key=key-18ujrdxj8f3b62tbk60d" data-auto-height="true" scrolling="no" id="scribd_81901381" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901381">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901385/content?start_page=1&view_mode=list&access_key=key-y5o50imt1xiy9k0hg2" data-auto-height="true" scrolling="no" id="scribd_81901385" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901385">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901386/content?start_page=1&view_mode=list&access_key=key-16kcn43n95ge1g6xnjpc" data-auto-height="true" scrolling="no" id="scribd_81901386" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901386">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901387/content?start_page=1&view_mode=list&access_key=key-clckbaoi6jvu57kvbhp" data-auto-height="true" scrolling="no" id="scribd_81901387" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901387">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901388/content?start_page=1&view_mode=list&access_key=key-goj9zzk0924sv19f6on" data-auto-height="true" scrolling="no" id="scribd_81901388" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901388">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901390/content?start_page=1&view_mode=list&access_key=key-23zkezzl4wumaqjisbm1" data-auto-height="true" scrolling="no" id="scribd_81901390" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901390">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901392/content?start_page=1&view_mode=list&access_key=key-qs0z5nynqe9ln3rvg7q" data-auto-height="true" scrolling="no" id="scribd_81901392" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901392">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901395/content?start_page=1&view_mode=list&access_key=key-1ivxs93oguykrsolpmda" data-auto-height="true" scrolling="no" id="scribd_81901395" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901395">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901394/content?start_page=1&view_mode=list&access_key=key-225l9jl69gy79atjzxw4" data-auto-height="true" scrolling="no" id="scribd_81901394" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901394">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901396/content?start_page=1&view_mode=list&access_key=key-28w5owvs13aljyvwksvt" data-auto-height="true" scrolling="no" id="scribd_81901396" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901396">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901403/content?start_page=1&view_mode=list&access_key=key-1q8we29qh4n8aekwrq4a" data-auto-height="true" scrolling="no" id="scribd_81901403" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901403">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901405/content?start_page=1&view_mode=list&access_key=key-bzx66krkf6f41obm7ve" data-auto-height="true" scrolling="no" id="scribd_81901405" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901405">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901406/content?start_page=1&view_mode=list&access_key=key-1e7phkkz9fjvu8vlhqgq" data-auto-height="true" scrolling="no" id="scribd_81901406" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901406">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901406/content?start_page=1&view_mode=list&access_key=key-1e7phkkz9fjvu8vlhqgq" data-auto-height="true" scrolling="no" id="scribd_81901406" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901406">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901407/content?start_page=1&view_mode=list&access_key=key-2muwg56ndg0dto4ivkoh" data-auto-height="true" scrolling="no" id="scribd_81901407" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901407">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901408/content?start_page=1&view_mode=list&access_key=key-269wnxfaaug82s4izubx" data-auto-height="true" scrolling="no" id="scribd_81901408" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901408">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901409/content?start_page=1&view_mode=list&access_key=key-1of2ofh737sv8fow9op1" data-auto-height="true" scrolling="no" id="scribd_81901409" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901409">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901411/content?start_page=1&view_mode=list&access_key=key-1h8sngyw00uofe8mq5se" data-auto-height="true" scrolling="no" id="scribd_81901411" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901411">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901414/content?start_page=1&view_mode=list&access_key=key-2kn2cstc3w8al899jg84" data-auto-height="true" scrolling="no" id="scribd_81901414" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901414">View this document on Scribd</a></div>
<iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/81901415/content?start_page=1&view_mode=list&access_key=key-1hlvkt6ai8scgq0kylya" data-auto-height="true" scrolling="no" id="scribd_81901415" width="100%" height="500" frameborder="0"></iframe>
<div style="font-size:10px;text-align:center;width:100%"><a href="http://www.scribd.com/doc/81901415">View this document on Scribd</a></div>
<p></span></span></p>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/16/i-am-a-patrioterrorist/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>2/16 Housing Data: More Depressing News in Realityville</title>
		<link>http://johngaltfla.com/wordpress/2012/02/16/216-housing-data-more-depressing-news-in-realityville/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/16/216-housing-data-more-depressing-news-in-realityville/#comments</comments>
		<pubDate>Fri, 17 Feb 2012 02:48:01 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[BUBBLEVISION]]></category>
		<category><![CDATA[HOUSING]]></category>
		<category><![CDATA[HOUSING DATA]]></category>
		<category><![CDATA[NAR]]></category>
		<category><![CDATA[PERMITS]]></category>
		<category><![CDATA[REAL ESTATE]]></category>
		<category><![CDATA[STARTS]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14529</guid>
		<description><![CDATA[by John Galt February 16, 2012 21:45 ET &#160; 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, &#8220;We&#8217;ve turned the corner!&#8221; And as the unicorn pooping skittles and rainbows sprayed the news over Wall Street and the gullible morons...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 16, 2012 21:45 ET</span></span></strong></p>
<p>&nbsp;</p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">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, &#8220;We&#8217;ve turned the corner!&#8221; And as the unicorn pooping skittles and rainbows sprayed the news over Wall Street and the gullible morons of the nation, reality is here, at these pages.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">First, let&#8217;s not sugar coat this. Starts were up my friends. They were up nicely. In fact on a non-seasonally adjusted basis, they were the highest they have been since January 2008:</span></span></p>
<p style="text-align: center;"><span style="font-size: x-small;"><em><strong>(Click to enlarge charts)</strong></em><br />
<a class="shutterset_" title="" href="http://johngaltfla.com/wordpress/wp-content/gallery/housing-data/monthlystartss_jan2012jgflansa.jpg"><img class="ngg-singlepic ngg-center aligncenter" src="http://johngaltfla.com/wordpress/wp-content/gallery/housing-data/thumbs/thumbs_monthlystartss_jan2012jgflansa.jpg" alt="monthlystartss_jan2012jgflansa" /></a></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">Unfortunately, in 2008 the January number was over 70,000 so the starts are still behind the recessionary levels of that year and only slowly bouncing up, primarily on demand for multi-family housing.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">Permits for multi-family housing led the way, but for single family homes let the charts speak the volumes of truth the media will not discuss:</span></span></p>
<p>&nbsp;</p>
<p style="text-align: center;"><a class="shutterset_" title="" href="http://johngaltfla.com/wordpress/wp-content/gallery/housing-data/monthlypermits_jan2012jgflansa.jpg"><img class="ngg-singlepic ngg-center" src="http://johngaltfla.com/wordpress/wp-content/gallery/housing-data/thumbs/thumbs_monthlypermits_jan2012jgflansa.jpg" alt="monthlypermits_jan2012jgflansa" /></a></p>
<p style="text-align: center;"><a class="shutterset_" title="" href="http://johngaltfla.com/wordpress/wp-content/gallery/housing-data/monthly_singfamily_permits_jan2012jgflansa.jpg"><img class="ngg-singlepic ngg-center" src="http://johngaltfla.com/wordpress/wp-content/gallery/housing-data/thumbs/thumbs_monthly_singfamily_permits_jan2012jgflansa.jpg" alt="monthly_singfamily_permits_jan2012jgflansa" /></a></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">If one takes a second to not brush over the graph and note the circled area, the data indicates a consistent level of 30-40 year plus lows. I guess &#8220;improvement&#8221; is in the eye of the Eisenhower beholder.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">The number of homes under construction remains at all time historic lows also, for both multi-family and single family homes:</span></span></p>
<p>&nbsp;</p>
<p style="text-align: center;"><a class="shutterset_" title="" href="http://johngaltfla.com/wordpress/wp-content/gallery/housing-data/monthlyunderconstruction_jan2012jgflansa.jpg"><img class="ngg-singlepic ngg-center" src="http://johngaltfla.com/wordpress/wp-content/gallery/housing-data/thumbs/thumbs_monthlyunderconstruction_jan2012jgflansa.jpg" alt="monthlyunderconstruction_jan2012jgflansa" /></a></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">Lastly, the most horrific data point is indicated by the all time historic low for single family completions as registered in January of this year. The graph does not lie, the data does not lie, but don&#8217;t worry, the administration, financial television, stock brokers, and the NAR will tell enough lies to keep the average schmuck&#8217;s head spinning.</span></span></p>
<p>&nbsp;</p>
<p><a class="shutterset_" title="" href="http://johngaltfla.com/wordpress/wp-content/gallery/housing-data/monthlycompletions_jan2012jgflansa.jpg"><img class="ngg-singlepic ngg-center aligncenter" src="http://johngaltfla.com/wordpress/wp-content/gallery/housing-data/thumbs/thumbs_monthlycompletions_jan2012jgflansa.jpg" alt="monthlycompletions_jan2012jgflansa" /></a></p>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/16/216-housing-data-more-depressing-news-in-realityville/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Weekly Unemployment Claims: Don&#8217;t Worry, be Happy</title>
		<link>http://johngaltfla.com/wordpress/2012/02/16/weekly-unemployment-claims-dont-worry-be-happy/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/16/weekly-unemployment-claims-dont-worry-be-happy/#comments</comments>
		<pubDate>Thu, 16 Feb 2012 23:30:13 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[ECONOMY]]></category>
		<category><![CDATA[EUC]]></category>
		<category><![CDATA[UNEMPLOYMENT]]></category>
		<category><![CDATA[UNEMPLOYMENT CLAIMS]]></category>
		<category><![CDATA[UNEMPLOYMENT INSURANCE]]></category>
		<category><![CDATA[WEEKLY UNEMPLYOMENT CLAIMS]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14525</guid>
		<description><![CDATA[by John Galt February 16, 2012 18:15 ET &#160; The Great Messiah has cured all of our unemployment woes so if you&#8217;re one of the slugs who filed last week, obviously you are a Republican and hate black people. Of course, that&#8217;s what the mainstream media would have you believe as reality is not what these numbers reflect. In many...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 16, 2012 18:15 ET</span></span></strong></p>
<p>&nbsp;</p>
<p><object width="462" height="343" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/d-diB65scQU?version=3&amp;hl=en_US" /><param name="allowfullscreen" value="true" /><embed width="462" height="343" type="application/x-shockwave-flash" src="http://www.youtube.com/v/d-diB65scQU?version=3&amp;hl=en_US" allowFullScreen="true" allowscriptaccess="always" allowfullscreen="true" /></object></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">The Great Messiah has cured all of our unemployment woes so if you&#8217;re one of the slugs who filed last week, obviously you are a Republican and hate black people. Of course, that&#8217;s what the mainstream media would have you believe as reality is not what these numbers reflect. In many cases, the missing class of folks having financial and employment issues can not file for unemployment benefits. That select group of citizens are those engaged in trades or careers that are now exclusively hired via contract employment basis, aka, &#8220;contractors.&#8221; This includes electricians, plumbers, roofers, carpenters, and of course, computer programmers and related fields. Thus when you see the data, add 10-20% and you might just get the real picture, even as hourly and part time employees lose their jobs and find out they do not even qualify for any of the benefits the Great One has been bestowing at taxpayer expense.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">The most important data point is not this week&#8217;s non-seasonally adjusted claims, but what happened at the state level two weeks ago. Check out the data straight from the Department of Labor website and the portion towards the bottom section under &#8220;Regular State&#8221; circled which indicates the drastic increase in filings not highlighted by the mainstream propaganda media.</span></span></p>
<p style="text-align: center;">
<em><strong><span style="font-size: x-small;">(Click to enlarge)</span></strong></em></p>
<p style="text-align: center;"><a class="shutterset_" title="" href="http://johngaltfla.com/wordpress/wp-content/gallery/weekly_euc/weeklyeuc_02_1112jgflansa.jpg"><img class="ngg-singlepic ngg-center aligncenter" src="http://johngaltfla.com/wordpress/wp-content/gallery/weekly_euc/thumbs/thumbs_weeklyeuc_02_1112jgflansa.jpg" alt="weeklyeuc_02_1112jgflansa" /></a></p>
<p style="text-align: center;"><a class="shutterset_" title="" href="http://johngaltfla.com/wordpress/wp-content/gallery/weekly_euc/weeklyeuc_02_1112jgfladata.jpg"><img class="ngg-singlepic ngg-center" src="http://johngaltfla.com/wordpress/wp-content/gallery/weekly_euc/thumbs/thumbs_weeklyeuc_02_1112jgfladata.jpg" alt="weeklyeuc_02_1112jgfladata" /></a></p>
<p><center><br />
<iframe src="http://rcm.amazon.com/e/cm?t=shenandoah0b-20&#038;o=1&#038;p=12&#038;l=ur1&#038;category=musicandentertainmentrot&#038;f=ifr" width="300" height="250" scrolling="no" border="0" marginwidth="0" style="border:none;" frameborder="0"></iframe><br />
</center></p>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/16/weekly-unemployment-claims-dont-worry-be-happy/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Weekly FDIC Bank Chart Update courtesy of CalOkie</title>
		<link>http://johngaltfla.com/wordpress/2012/02/16/weekly-fdic-bank-chart-update-courtesy-of-calokie/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/16/weekly-fdic-bank-chart-update-courtesy-of-calokie/#comments</comments>
		<pubDate>Thu, 16 Feb 2012 22:50:04 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[BANK FAILURE]]></category>
		<category><![CDATA[BANKSTERS]]></category>
		<category><![CDATA[FDIC]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14521</guid>
		<description><![CDATA[by John Galt February 16, 2012 17:40 ET &#160; 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...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 16, 2012 17:40 ET</span></span></strong></p>
<p>&nbsp;</p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">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 BAC and other co-conspirators at the Federal Reserve will never let the general idiot public understand that the system is rigged to insure that smaller banks are absorbed by larger ones and losses to be taken by the bondholders and investors who think that a sixty cent stock has a future. Click on the link in the upper right hand column to see all of the charts as below is the updated list of failures from last week.</span></span></p>
<p style="text-align: center;">
<span style="font-size: x-small;"><em><strong>(Click to enlarge)</strong></em><br />
<a class="shutterset_" title="" href="http://johngaltfla.com/wordpress/wp-content/gallery/calokie/statsfeb10.jpg"><img class="ngg-singlepic ngg-center aligncenter" src="http://johngaltfla.com/wordpress/wp-content/gallery/calokie/thumbs/thumbs_statsfeb10.jpg" alt="statsfeb10" /></a></span></p>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/16/weekly-fdic-bank-chart-update-courtesy-of-calokie/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Water Wars have Begun</title>
		<link>http://johngaltfla.com/wordpress/2012/02/14/the-water-wars-have-begun/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/14/the-water-wars-have-begun/#comments</comments>
		<pubDate>Tue, 14 Feb 2012 10:01:40 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[MENA]]></category>
		<category><![CDATA[RESOURCE WAR]]></category>
		<category><![CDATA[UAE]]></category>
		<category><![CDATA[WATER]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14508</guid>
		<description><![CDATA[by John Galt February 14, 2012 05:30 ET &#160; 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...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 14, 2012 05:30 ET</span></span></strong></p>
<p>&nbsp;</p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">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 the ownership of, defense of, or acquisition of those positions to monopolize that resource and prevent neighboring nations or enemies from exploiting the resource.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">The tiny nation of the United Arab Emirates is the first to publicly acknowledge the scarcity of this resource in the story below and this will not be the first nor last of these stories to appear in the months and years ahead. The war of water and water rights will first be fought in the third world then migrate over to the developed nations who should be &#8220;forced&#8221; to share their abundant resources with the &#8220;poor&#8221; as the globalist ideals move forward. If anyone thinks this will end peacefully or in a world of happiness and hippie inspired hand holding, then open a history book and review the number of conflicts initiated over natural resources. Conquest to survive will rule the day as would domination of those resources attainable by the victor.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">The following story is from the <em>Gulf News</em> on February 13, 2012:</span></span></p>
<h2><a href="http://gulfnews.com/news/gulf/uae/government/uae-bans-export-of-groundwater-1.979754" target="_blank">UAE bans export of groundwater</a></h2>
<blockquote><p><em><strong>Abu Dhabi: The Ministerial Service Council has banned the export of groundwater due to a decline in its levels in the country.</strong></em></p>
<p><em><strong>The ban was taken at the council&#8217;s meeting chaired by Shaikh Mansour Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, in Abu Dhabi on Sunday.</strong></em></p>
<p><em><strong>The move came upon a recommendation from the Federal National Council (FNC) following a study carried out by the Ministry of Environment and Water.</strong></em></p>
<p><em><strong>The study shows a decline in underground water and the depletion of water resources as a result of exports.</strong></em></p>
<p><em><strong>The council also discussed a number of other issues, including a proposal on waste treatment and management in Sharjah, Ajman, Umm Al Quwain, Fujairah and Ras Al Khaimah.</strong></em></p>
<p><em><strong>The proposal was based on a study of the waste disposal and the best scientific mechanism for recycling waste into useful material.</strong></em></p>
<p><em><strong>The council assigned the Ministry of Environment and Water to propose necessary legislative framework to introduce regulations that will ensure environmental protection and waste management as per best international practices.</strong></em></p>
<p><em><strong>The council also discussed a study submitted by the Ministry of Economy on the effects of free trade agreements on the national economy, after the country signed several such agreements. The study also contained proposals to ensure the maximum benefit from joining these agreements as well as the minimum expenses caused by them.</strong></em></p>
<p><em><strong>The meeting also reviewed the mechanism for activating the consumer protection laws.</strong></em></p>
<p><em><strong>Water more important to country than oil — Mohammad</strong></em></p>
<p><em><strong>Last year, General Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, called for placing the issue of water scarcity at the top of the UAE&#8217;s national agenda.</strong></em></p>
<p><em><strong>He recently said water is more important than oil in the UAE. This is a bold and clear signal that an economy based on oil is placing water at the top of its priorities.</strong></em></p>
<p><em><strong>He also said that we need to increase studies and research in the field, create action plans, and find solutions to preserving this invaluable resource for future generations.</strong></em></p></blockquote>
<p><span style="font-size: x-small;">(Click on the story title to read the rest of the story)</span></p>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/14/the-water-wars-have-begun/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Prepetorial #27: A Pledge of Allegiance</title>
		<link>http://johngaltfla.com/wordpress/2012/02/13/prepetorial-27-a-pledge-of-allegiance/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/13/prepetorial-27-a-pledge-of-allegiance/#comments</comments>
		<pubDate>Tue, 14 Feb 2012 03:36:55 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[Preparedness]]></category>
		<category><![CDATA[Prepetorials]]></category>
		<category><![CDATA[DICTATORSHIP]]></category>
		<category><![CDATA[EDUCATION]]></category>
		<category><![CDATA[FASCISM]]></category>
		<category><![CDATA[PROGRESSIVISM]]></category>
		<category><![CDATA[PROPAGANDA]]></category>
		<category><![CDATA[ROOSEVELT]]></category>
		<category><![CDATA[WILSON]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14466</guid>
		<description><![CDATA[by John Galt February 13, 2012 22:30 ET &#160; &#8220;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.&#8221;    After the children in Mrs. Halstead&#8217;s third grade class at Woodrow Wilson Elementary School of Muncie, Indiana finished the...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 13, 2012 22:30 ET</span></span></strong></p>
<p>&nbsp;</p>
<p><strong><em><span style="font-family: Georgia,serif;"><span style="font-size: small;">&#8220;I pledge allegiance,<br />
To the flag,<br />
Of the United World States of Freedom,<br />
And to the Democracy,<br />
For which it stands,<br />
United,<br />
In Peace,<br />
Freedom,<br />
Liberty,<br />
And Social Justice for all.&#8221;</span></span></em></strong></p>
<p><em><span style="font-family: Georgia,serif;"><span style="font-size: small;">   After the children in Mrs. Halstead&#8217;s third grade class at Woodrow Wilson Elementary School of Muncie, Indiana finished the morning drill, each student stood for three seconds with their right hand in an oath taking position as instructed since their kindergarten education began. The morning assembly had changed somewhat since Mrs. Halstead began her teaching career in 1984, but then again, what did she care with forty years of teaching and guaranteed Federal plus State retirement pension for her loyalty to the new National Party Assembly for Educator Benefits pension approved by the NEA union pact.</span></span></em></p>
<p><em><span style="font-family: Georgia,serif;"><span style="font-size: small;">   The children finished their mandatory salute to the televised flag on the monitor, then sat as instructed by Mrs. Halstead. As the world news was read aloud by the morning government PBS news feed, the children scribbled furiously on their iPads knowing that an exam would occur at any point during their daily lessons to ensure that they had listened to both the government and their teachers. Mrs. Halsted started the class lesson off by opening their history pages to the point where they had left off last Friday, the portion titled &#8220;The Oppressive Regime of General MacArthur,&#8221; which covered the post World War II period in Japan.</span></span></em></p>
<p><em><span style="font-family: Georgia,serif;"><span style="font-size: small;">  &#8220;Class,&#8221; Mrs. Halstead began,&#8221;why did General MacArthur exceed his authority and invade Inchon and attack the reunification forces from North Korea?&#8221; Jamie Kaldors raised her hand and answered the question first, &#8220;Because the international financial cartel under the authority of the United States and Britain ordered it.&#8221; Mrs. Halstead sighed, and started to correct her young student, &#8220;No my young student, please mark yourself down two points on your schedule now. The truth is that the American Congress ordered the U.S. military to attack the unification forces illegally under the auspices of the old financially motivated United Nations. This misconception is what leads many children to run astray thinking that our friends in the United Kingdom had any imperial aspirations after their defeat in World War Two.&#8221;</span></span></em></p>
<p><em><span style="font-family: Georgia,serif;"><span style="font-size: small;">  The young child hit the minus key, then the two key on his iPad to acknowledge his mistake. He realized this was part of learning and apoligized to the teacher for his misconception, even as some classmates snickered under their breath. Mrs. Halstead then instructed the children to open their iBooks to the chapter mandated by the Department of Education for daily history teaching regarding the dictatorship of Ronald Reagan, now considered a black portion of American history where the electoral process was corrupted by billionaires to save their failing ill gotten gains. The teacher announced, &#8220;Class, please forward to page six of Lesson Seventeen today as per the feed you are receiving on your iClass program. If you will all note, the pictures have been removed to insure you are not reminded of this dark period in our past, but you must learn what greed can do to your souls. Dictator Reagan was the most evil President America had ever known since James Madison, and that lesson must not be ignored. If you have doubts about what you are about to here, or your parents have told you otherwise, please let me know now so we can spend extra-hours as per the DOE manual to provide you with the proper and correct version of the past.&#8221;</span></span></em></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">  Far fetched one might say? Have any of you scanned a current text book from the education system? The course loads at the collegiate level now encourages the average late age teenager to learn that Reagan was evil, Eisenhower a dictator in waiting, and George Washington wanting American independence for no reason other than to expand and extend slavery. The above fictional scenario is not outrageous, it is coming. And to prepare for it requires a mindset beyond the scope of the majority of the average citizen.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">  Most people will just assume I&#8217;m going to preach &#8220;Home Schooling&#8221; and nothing else. Practically speaking, that is not possible for most citizens and would require breaking the law in the future. The program I propose is daring, probably illegal within a decade, but the only solution remaing for independent thinking citizenry. First, go out today and by every pre-1965 textbook you can get your hands on along with any history books written before 1970. Do not accept the &#8220;new&#8221; education system as either acceptable, the norm, or reasonable. The parents of the next generation, you and only you, will have the last chance to save the truth and society as we know it.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">  Second, take some time to brush up on your history, as many of us were brought up under the misconceptions and deliberate diversions of the NEA based globalist ideals. Hell, it took my graduating from college to find out that the Saudis were blackmailing the United States government during World War Two but is that in any history book? No. How many people heard about the Wilsonian internment camps created under a dictatorial usurpation of the Constitution and his illegal seizure of businesses and citizens in the name of national security? The problem with education as it exists now is that is has an agenda not a purpose which sadly means that our children will be lead blindly into obedient servitude if this is not stopped. It is our generation&#8217;s responsibility to do whatever it takes to preserve the past, teach the future, and create a generation of saviors.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">  We need the young saviors as our generation, our souls, our fellow citizens, our now lost. Take the initiative and save our nation by teaching one young soul the truth. Today, not tomorrow.</span></span></p>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/13/prepetorial-27-a-pledge-of-allegiance/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>And after all the drama guess what? Greece is still Insolvent</title>
		<link>http://johngaltfla.com/wordpress/2012/02/12/and-after-all-the-drama-guess-what-greece-is-still-insolvent/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/12/and-after-all-the-drama-guess-what-greece-is-still-insolvent/#comments</comments>
		<pubDate>Sun, 12 Feb 2012 23:00:16 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[AUSTERITY]]></category>
		<category><![CDATA[COLLAPSE]]></category>
		<category><![CDATA[crash]]></category>
		<category><![CDATA[CRISIS]]></category>
		<category><![CDATA[depression]]></category>
		<category><![CDATA[ECB]]></category>
		<category><![CDATA[ECONOMY]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[EURO]]></category>
		<category><![CDATA[EUROPEAN UNION]]></category>
		<category><![CDATA[EUROZONE]]></category>
		<category><![CDATA[GREECE]]></category>
		<category><![CDATA[PIIGS]]></category>
		<category><![CDATA[RIOTS]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14496</guid>
		<description><![CDATA[by John Galt February 12, 2012 17:50 ET &#160; 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&#8217;s vote on the new Greek austerity program by the Greek parliament is irrelevant. The nation of Greece is completely...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 12, 2012 17:50 ET</span></span></strong><br />
&nbsp;</p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">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&#8217;s vote on the new Greek austerity program by the Greek parliament is irrelevant. The nation of Greece is completely insolvent, totally dependent on the whims of IMF and European Union technocrats along with banksters from New York to London, and the people have not figured out to date that socialism is a complete utter failure.</span></span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">The era of hybrid capitalism shall continue with small businesses being eradicated in Greece and freedoms for the people restricted as they are further enslaved to the greater union headquartered in Brussels and Berlin. The Greek parliament may have indeed passed another false austerity measure tonight, but in exchange for a moment of peace, again, they have lit the fuse for a summer of revolution which will spread through the Balkans like it was 1914.</span></span></p>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/12/and-after-all-the-drama-guess-what-greece-is-still-insolvent/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>2.12.12 AEP: Germany&#8217;s Carthaginian terms for Greece</title>
		<link>http://johngaltfla.com/wordpress/2012/02/12/2-12-12-aep-germanys-carthaginian-terms-for-greece/</link>
		<comments>http://johngaltfla.com/wordpress/2012/02/12/2-12-12-aep-germanys-carthaginian-terms-for-greece/#comments</comments>
		<pubDate>Sun, 12 Feb 2012 21:54:45 +0000</pubDate>
		<dc:creator>John Galt</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[AMBROSE EVANS-PRITCHARD]]></category>
		<category><![CDATA[COLLAPSE]]></category>
		<category><![CDATA[crash]]></category>
		<category><![CDATA[CRISIS]]></category>
		<category><![CDATA[depression]]></category>
		<category><![CDATA[ECB]]></category>
		<category><![CDATA[ECONOMY]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[EURO]]></category>
		<category><![CDATA[EUROPEAN UNION]]></category>
		<category><![CDATA[EUROZONE]]></category>
		<category><![CDATA[GREECE]]></category>
		<category><![CDATA[PIIGS]]></category>
		<category><![CDATA[UK TELEGRAPH]]></category>

		<guid isPermaLink="false">http://johngaltfla.com/wordpress/?p=14492</guid>
		<description><![CDATA[by John Galt February 12, 2012 16:45 ET &#160; Tonight&#8217;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&#8217;s Carthaginian terms for Greece (click on the title to read the commentary in full) One sentence describes the EU&#8217;s folly best of all in...]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-family: Georgia,serif;"><span style="font-size: small;">by John Galt<br />
February 12, 2012 16:45 ET</span></span></strong></p>
<p>&nbsp;</p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">Tonight&#8217;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:</span></span></p>
<h2><a href="http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9077586/Germanys-Carthaginian-terms-for-Greece.html" target="_blank">Germany&#8217;s Carthaginian terms for Greece</a></h2>
<p><span style="font-size: x-small;">(click on the title to read the commentary in full)</span></p>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">One sentence describes the EU&#8217;s folly best of all in this must read article:</span></span></p>
<blockquote><p><em><strong>Belief that EMU fall-out from Greek exit &#8211; or “Grexit” in market slang &#8211; can be contained by firewalls and more fiscal austerity assumes that Greece is a special case, alone brought low by turpitude.</strong></em></p></blockquote>
<p><span style="font-family: Georgia,serif;"><span style="font-size: small;">Greece is to the European Union as was Sudetenland was to the European powers of the late 1930&#8242;s. No matter the results in Athens tonight, a path to war is being paved based on the mistakes of history and the incompetent greed of the leadership of this era, almost identically to the period preceding World War II.</span></span></p>
]]></content:encoded>
			<wfw:commentRss>http://johngaltfla.com/wordpress/2012/02/12/2-12-12-aep-germanys-carthaginian-terms-for-greece/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

