You Like Ron Paul, Except On Foreign Policy

Blowback: “The unintended consequences of foreign operations that were deliberately kept secret from the American public.”

“There is a direct connection between events that happened more than 50 years ago and the war in Iraq today.”

Posted in Uncategorized | 37 Comments

Russia Continues To Liquidate Their Treasury Holdings

Since October of 2010, Russia has made no effort to hide the fact that they are dumping their treasury holdings.

For twelve consecutive months, without any reprieve, Russia has decreased their exposure to what is now the largest bubble in history, US treasuries.

Posted in Deficit/Debt | 87 Comments

NAR: Existing Home Sales To Be Revised Lower For The Past Five Years (Chart)

The NAR announced recently that their methodology for determining existing home sales has been flawed for the past five years resulting in over-exaggerated numbers and as a result of this, their next release due out on December 21st will show a more accurate accounting going back to 2007.

Posted in Housing | 36 Comments

Kyle Bass: “I Think They’re (The Fed) Putting In Air Bags For The Fall That Is About To Happen”

And keeping with the holiday spirit of European bank runs, Kyle Bass provides some chilling insight into what is about to take place in Europe and how the Federal Reserve and other G7 central banks are preparing for the “event”.

Posted in Uncategorized | 36 Comments

Greek Bank Run Accelerating (Chart)

Tuesday’s ”word of the day” was bank run.

And in light of that, let’s turn our attention to none other than Greece to see what a modern day European bank run actually looks like.

Posted in Uncategorized | 96 Comments

MF Global Employee: Corzine Knew About Loans Made From Customer Segregated Accounts

Corzine stated during his prepared testimony, “I simply do not know where the money is, or why the accounts have not been reconciled to date. I do not know which accounts are unreconciled or whether the unreconciled accounts were or were not subject to the segregation rules.”

Posted in Uncategorized | 35 Comments

Word Of The Day: Bank Run (Video)

Why is a bank run a problem?

“Because banks by their very nature never have the money on deposit to meet all of their outstanding claims and liabilities.  That’s how fractional reserve lending works.  You lend out more money than you have.”

Posted in Uncategorized | 88 Comments

“Phyiscal Silver Shortage By 2020″ (Video)

If you think you missed the boat on silver, you may need to rethink that pre-mature conclusion.

Posted in Silver | 36 Comments

Jim Rogers: “What They’re (Government) More Likely To Do This Time Is To Take Your Pension Plan or Your IRA” (Video)

A fascinating and candid interview with Jim Rogers on government confiscations, farming, food prices, economic collapse, and nickles.

“What they’re more likely to do this time is to take your pension plan or your IRA.”

Posted in Uncategorized | 36 Comments

Indefinite Detention Bill: “One Of The Most Radical Proposals For Defying The Constitution That We Have Ever Heard Made To The American People”

Who said that Obama’s proposed “Indefinite Detention Bill” is “one of the most radical proposals for defying the constitution that we have ever heard made to the American people”?

a.)  Mitt Romney

b.)  Newt Gingrich

Posted in Uncategorized | 91 Comments

The Creature From Jekyll Island

SGT interviews legendary author and documentary film producer G Edward Griffin about his book ‘The Creature From Jekyll Island’, and other current events.

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Posted in Uncategorized | 16 Comments

Indefinite Detention Bill

In case there was still any confusion or misunderstanding about any meaningful differences between Republican and Democrat party, I would like to present the “Indefinite Detention Bill”.

Posted in Uncategorized | 15 Comments

S&P Places 15 Members Of Eurozone On CreditWatch Negative

From S&P:

“Today’s CreditWatch placements are prompted by our belief that systemic stresses in the eurozone have risen in recent weeks to the extent that they now put downward pressure on the credit standing of the eurozone as a whole.

Posted in Uncategorized | 17 Comments

Ex-CEO Of Arthur Andersen: Enron And Europe Are Similar

From Joe Berardino, the Ex-CEO of Arthur Andersen during an interview with CNBC:

Posted in Deficit/Debt | 14 Comments

November Unemployment, Government Statistics, And The Truth

While the advertised unemployment rate fell to 8.6% in November as a result of 120,000 jobs being created, the truth behind these manufactured numbers is not quite as glamorous.

Posted in Uncategorized | 12 Comments

Ann Barnhardt’s Explosive Interview In The Wake Of The MF Global Collapse (MUST LISTEN)

A couple of weeks ago Ann Barnhardt sent a letter to her clients detailing why she could no longer in good conscience operate her business, Barnhardt Capital Management, becuase, “I  could no longer tell my clients that their monies and positions were  safe in the futures and options markets – because they are not.

Posted in Uncategorized | 11 Comments

Ron Paul’s Statement On The Fed’s Continued Euro Bailout

From Ron Paul:

Posted in Uncategorized | 16 Comments

Yet Another Bank Bailout (Video)

Wondering what happened today to the stock market as the Dow rallied over 4% and 490 points?

Wonder no more.  It’s just another chapter in the ongoing bank bailout.

Posted in Hyperinflation, Uncategorized | 16 Comments

The Fed’s 3 Mandates

According to the Federal Reserve, “The Federal Reserve sets the nation’s monetary policy to promote the objectives of maximum employment, stable prices, and moderate long-term interest rates.”

Let’s take a quick look to see how the Fed is performing at these three objectives.

Posted in Uncategorized | 15 Comments

The Telegraph: “Prepare for riots in euro collapse, Foreign Office warns”

“British embassies in the eurozone have been told to draw up plans to help British expats through the collapse of the single currency, amid new fears for Italy and Spain.”

That’s the latest story out of The Telegraph.

Posted in Uncategorized | 12 Comments