Daily Archives: 16/05/2011

No Fly Zone over Nigeria Next?

No Fly Zone over Nigeria Next?

  By John Galt May 16, 2011 Based on the current policy of intervention whenever and wherever U.S. interests or non-U.S. interests are at risk as in civilians killed by their own government the American government should have already established “no-fly zones” over Syria, Bahrain, Iraq (again), Iran, Pakistan, Thailand, Cambodia, Venezuela, Mexico, Tunisia, Somalia, Egypt, and Yemen. With the news report from Reuters, I have an idea of another nominee for the Obama administration’s no-no-no-fly zone policy of only picking on nations that can…

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5/16 V. of Galt Archive is Now Available

You can download the program by clicking on this link. Thank you for your support of TheWatchmen.FM Radio Network.

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Slave Lake, Alberta Burns in Wildfire Oil Facilities Shut Down

Slave Lake, Alberta Burns in Wildfire Oil Facilities Shut Down

By John Galt May 16, 2011 Be thankful oil prices are in decline because it is news like this and the floods in Louisiana that were part of the last spike in prices which took it up over $105 per bbl. From Reuters, breaking hard: Alberta town burns, wildfires shut oil facilities Let’s hope and pray that those poor people can return home soon and have not lost too much. Nature has been cruel this past year plus….

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5/16 V. of Galt: The News, the Police State, and the Coming Wars

5/16 V. of Galt: The News, the Police State, and the Coming Wars

  By John Galt May 16, 2011 Tonight’s program promises to be a wild one with world events in the Middle East spiraling out of control, Ireland hitting a new warning flash point again, Greece on fire, and of course the American police state expanding on several fronts. To listen to the show tune in from 7-9 PM ET for one of the fastest growing internet radio shows or you can download the archives after 10:o0 p.m. ET by clicking on this link. If you…

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Tyler Durden Replies to PIMCO’s Bill Gross; It’s a Classic

Tyler Durden Replies to PIMCO’s Bill Gross; It’s a Classic

By John Galt May 16, 2011 And they say that internet bloggers are not relevant to the conversation…. Then there is Bill Gross dropping the “internet blogger” reference on CNBC and Bloomberg today as you can see in the video in the earlier post below. In reality, I like Tyler’s response much more:   Tyler does have a wicked jab. To actually read his response, here is the story in all of its glory where Tyler replies to Bill: No, Actually Bill Gross IS Short…

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Irish Militants Issue Bomb Threat to Central London

Irish Militants Issue Bomb Threat to Central London

By John Galt May 16, 2011 My ancestors in Ireland are back at it as predicted by yours truly on a radio show months ago shortly after the Irish government capitulated to the London and ECB banksters and mortgaged their nation’s future. The suspected militants are following the pattern of the “Real IRA” a splinter group not affiliated with Sein Fein or the Provisional group which surrendered most of their arms after peace was made years ago. This story breaks as the Queen is scheduled…

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BREAKING NEWS: Trump Fires Himself, Will Not Run

BREAKING NEWS: Trump Fires Himself, Will Not Run

By John Galt May 16, 2011 Per FNC, Trump says he will not run for President and has fired himself from the campaign. This is a good thing as the field is already crowded with Progressives in the Republican race for the nomination.

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The U.N. Condemns Israel again…Are you Kidding me?

The U.N. Condemns Israel again…Are you Kidding me?

By John Galt May 16, 2011 The breaking news from the largest Marxist NWO organization in existence, aka the United Nations, via Ynet News in Israel is not shocking but damned near pathetic: UN official condemns Israel’s use of force Perhaps this statement from the article  says it all: UN representative says Israel used “disproportionate, deadly force” when its soldiers fired on demonstrators marching toward the country’s borders. Unreal. Perhaps the IDF should follow the U.N. Peacekeeper example and just rape the women and children…

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PIMCO’s Bill Gross: We are not Shorting US Treasuries

PIMCO’s Bill Gross: We are not Shorting US Treasuries

By John Galt May 16, 2011 So ZeroHedge was wrong? I’ll defer to his website for that answer but based on what PIMCO’s Bill Gross said in this interview, they are not shorting US debt: His other comments in the interview are fascinating as he basically paints a picture of stagflation and indicates that he will not be re-entering the US bond market due to our fiscal situation. Translation: Watch the other hand because the minute the Fed notifies him of Q.E. 3, he’s buying…

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IMF will not force “Head” Man DSK to Step Down

IMF will not force “Head” Man DSK to Step Down

By John Galt May 16, 2011 IMF Will Not Force Strauss-Kahn to Step Down (Story Developing) Headline only from CNBC and other wire services. No further details yet. Thank goodness for consistency as banksters don’t do time, their victims do.   ********************* UPDATE 1245 ET ******************** Judge denies bond per FBN and CNBC. Guess the obvious hit the Judge’s brain: He’s a flight risk. ************************************************************

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Apparently my Listeners and Readers Have Not Been Paying Attention

Apparently my Listeners and Readers Have Not Been Paying Attention

By John Galt May 16, 2011 Apparently my listeners and readers have not been paying attention. If you were listening to the idiots on the various financial infomercial Bubblevision channels then you sold all of your gold, silver, farmland, and spare food in your bunker and bought as much stock in RMBS, BAC, or C. Heck, I figured that my listener and readership would suffer because nobody would listen to a bunch of bloggers and talk jocks who warn everyone about the ongoing economic collapse…

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U.S. Dollar Index fails First run at 76

U.S. Dollar Index fails First run at 76

By John Galt May 16, 2011 The first run at 76 failed this morning with the news the US Treasury is going to play games with the retirement system to keep the country under the debt limit and that the European Union does not foresee a Greek restructuring in the future which put a floor under the Euro at 1.40. The result was a sharp sell off in the USDX and now 75.20 becomes the next key level to watch then of course, 74. I…

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NAHB/Wells Fargo Homebuilder Confidence Index Flat at Low Levels for May

NAHB/Wells Fargo Homebuilder Confidence Index Flat at Low Levels for May

By John Galt May 16, 2011 The National Association of Homebuilders/Wells Fargo Confidence Index came in at flat level to April after last month was revised upwards from 15 to 16. The bad news was buried in the report (at this link) where builders indicated that ninety percent of the builders were concerned about the ability to sell the homes at the price they designated and seventy-three percent said they saw problems with consumers obtaining financing for the purchase. So much for the summer of…

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Terrorists in Pakistan Kill Saudi Diplomat

Terrorists in Pakistan Kill Saudi Diplomat

By John Galt May 16, 2011 The violence in Pakistan has accelerated, first with a grenade attack on the Saudi consulate in Karachi four days ago (read it here at ArabianBusiness.com). Fast forward to the news breaking this morning where per Reuters a Saudi diplomat was just killed in Karachi by a gunman as he was traveling in a car belonging to the consulate. This news may not sound disturbing yet Al Queda has not been extinguished in the Arabian peninsula despite proclamations by the…

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A Bank Failure You Won’t Hear About

A Bank Failure You Won’t Hear About

By John Galt May 16, 2011 For once the FDIC isn’t behind a bank failure and seizure. Of course for them to be involved in actions in Dubai would be interesting although not shocking. Dubai Bank which is part of the troubled Dubai Holdings along with Emaar Properties, another troubled concern. While the United States sits in blissful ignorance of what is happening overseas as these institutions begin to fail as the lack of cash flow from their U.S. and European holdings starts to impact…

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Empire State Manufacturing Survey – Getting Ugly

Empire State Manufacturing Survey – Getting Ugly

By John Galt May 16, 2011 The Federal Reserve Bank of New York just released their monthly survey and the ugliest data point beyond a huge decline from last month was the fact that prices paid were the second highest on record. The reading was 11.88 for May vs. 21.7 in April and does seem to add more ammunition to my theory that the Fed will pull the monetary reigns in during the summer and help to create a recession or at least a massive…

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