Thursday, December 29, 2011

FREEDOM LOVING AMERICANS HEADED TO FEMA CAMPS

By Dave Hodges
December 27, 2011
NewsWithViews.com

Unquestionably, Americans, who dare to speak out against the emerging military dictatorship within our country, will soon be taking up a new residence at your neighborhood FEMA camp.

Through the National Defense Authorization Act (NDAA), CONgress, complete with their 9% public approval rating, has declared war upon the American people.

Previously, I wrote an article in response to the intention of Congress to permit the military to indefinitely detain, without due process protections, American citizens for any reason, or for no reason whatsoever. In the previous article, I referenced the leaked memo from KBR manager, Bob Siefert, which was informing subcontractors to be prepared within 72 hours of notification to provide essential services to FEMA camps such as the installation of barbwire, blockades, personnel, food, water and sanitation services. Subsequently, one of my readers, Richard Firth, bravely took the initiative to write to Siefert and asked him to explain his stated intentions in the leaked memo. Below is the exchange between Wirth and Siefert along with my analysis.

From: Richard w. Firth [mailto:firthrichardw@yahoo.com]
Sent: Friday, December 16, 2011 8:39 AM
To: Bob Siefert
Subject: Level with Public about \FEMA camps

Dear Mr. Siefert:

I am given to understand that KBR, a subsidiary of Halliburton, is in the process of activating the FEMA camps according to a leaked memo. I and many others would like to know why these camps are being activated?

I look forward to your response.

Sincerely- Richard W. Firth

Mr. Siefert wasted no time in answering Mr. Firth’s concerns as he provided a hastily prepared same day response.

From: Bob Siefert
Subject: RE: Level with Public about FEMA camps
To: "Richard w. Firth"
Date: Friday, December 16, 2011, 2:44 PM

Dear Mr. Firth,

Thank you for asking about the truth concerning our search for subcontractors. First, KBR is not a subsidiary of Halliburton, and hasn’t been since April of 2007. KBR intends to respond to an upcoming Request for Proposal. FEMA is looking for companies that can set up temporary camps to house First Responders to natural disasters such as hurricanes, earthquakes, tornados, floods, etc. The services included in the KBR request for information are ones we cannot provide ourselves and will need companies who can react quickly enough to meet the FEMA goal of having a place for their responders to stay within 72 hours of a call up. The camps will be temporary in nature, and nothing is being “activated”. FEMA is trying to be proactive in preparing for timely responses if emergency responses are required. I hope this answers your question.

Regards

Bob Siefert
Manager - Small Business
KBR

To summarize, KBR’s Siefert asserts that (1) the camps are temporary; (2) the camps are only being constructed for first responders who will be used in anticipated future natural disasters; and (3) the existing FEMA camps are not being activated.

Often in life, there is the stated reason for performing some action and then there is the real reason. Below are some key provisions which are part of the impetus for activating the FEMA camps which are contained in the Siefert KBR memo.

“The Continental US will be broken up into five regions as indicated in the map below Services” will be required in each State within each region.” (Author’s note) Interestingly, the South was also broken up into five military districts during the military occupation of the South during the Reconstruction Era following the Civil War.

“(Contractors will) Establish services listed below within 72 hours for initial set-up and respond within 24 hours for incremental services. This is a CONTINGENCY PROJECT and it should be stressed that lead times will be short with critical requirements due to the nature of emergency responses. Subcontractors must be flexible and able to handle multiple, shifting priorities in an emergency environment.”

Additionally, the Siefert memo disturbingly calls for the installation of fencing and wire used for large scale detention of prisoners.

“Subcontractors will mobilize, transport, erect, install and demobilize temporary fencing, barricades, and associated equipment according to federal, state and local laws, codes and manufacturer installation instructions. The Subcontractor shall be able to mobilize and deploy key personnel(s) within four (4) hours of NTP to meet with KBR Site Manager at the Responder Support Camp (RSC) site in order to finalize the site design plan and acquire site specific design requirements and layout. Number of linear footage:

“Approximately 2,300LF for a 301 person camp after 36 hours of NTP”
“Approximately 3,600LF for 1,000 person camp after 72 hours of NTP”

This sounds like FEMA camp activation to me.

When a reasonable person compares Siefert’s original memo to his response to Mr. Firth’s inquiry, the latter is clearly a poorly and hastily orchestrated version of damage control because his original leaked memo was never meant to see the light of day. The KBR memo called for barricades, barbwire, food, water, sanitation, guards, etc. This is the material that prisons are made of, not temporary housing for first responders as Seifert alleges. Hastily staffed FEMA camp personnel would also fit the definition of first responders in the advent of widespread civil insurrection. Google the term “FEMA camps,” look the photos, and ask yourself why first responders would be housed behind barbwire encampments where the wire is facing inward which is indicative of keeping people inside of an installation. Common sense dictates that first responders would not reside in prisons with armed guards and barbwire. Instead, they would be housed in tents as are forest fire fighters. It is clear that the FEMA camps are being activated and very soon they will be staffed by 100,000 new intern specialists currently being recruited by the Army [Link] and [Link].

It is an easy task to determine that KBR’s Bob Siefert and the truth are strangers on this issue. However, this Globalist-serving minion should not be the focal point of our attention. He is merely a useful idiot. Every freedom-loving American is now at risk for kidnapping, torture and execution thanks to the NDAA. The police are being federalized, FEMA camps are being activated, the Constitution is on the verge of extinction and Obama is poised to begin WWWIII as a pretext to usher in martial law and cement his control over us as our military dictator.

Many people think that their actions will not draw the watchful eye of our increasingly corrupt and dangerous government. Before some of you go back to the football game, take a look at the following groups that the government categorizes as domestic terrorists according to the Homeland Security inspired MIAC report:

• Domestic terrorists support Ron Paul
• Libertarians and Constitutionalists are domestic terrorists
• Domestic terrorists don’t believe the official explanations for 9/11, Ruby Ridge, Waco and the Oklahoma City bombing.
• Domestic terrorists oppose abortion and support gun rights.
• Domestic terrorists are fearful of big government and espouse support for the Constitution
• Domestic terrorists collect firearms and survivalist books.
• Domestic terrorists are religious zealots, reading the book of Revelation, and speak of the second coming of Christ
• Domestic terrorists grow their own food
• Domestic terrorists proudly display bumper stickers in support of Constitutional rights
• Returning military war veterans are domestic terrorists

This is a small sample of how the people who have hijacked our government view the average American. We are held in utter contempt and disdain. Indeed, you are an endangered species and have been targeted for extinction. From the abovementioned list, you should see that there can be no further fence sitting. It is 1935 and all of us are de facto Eastern European Jews whose futures consist of detention camps and worse. Have you ever asked yourself why the FEMA camp episode from Jesse Ventura’s show is banned from rebroadcast and from appearing on other public venue sights?

Consider the following three quotes from some prominent globalists who are some of the puppeteers behind the coming abuse of the American people.

“The elderly are useless eaters” -Dr. Henry Kissinger

“A total world population of 250-300 million people, a 95% decline from present levels, would be ideal.” -Ted Turner, in an interview with Audubon magazine.

"No one will enter the New World Order unless he or she will make a pledge to worship Lucifer. No one will enter the New Age unless he will take a Luciferian Initiation." -David Spangler, Director of Planetary Initiative, United Nations

Some articles are easy to write because the globalists expose themselves with their own words and this was surely the case with this article.

The clock is ticking and your neighbors are asleep. Roll up your sleeves and get to work; it is time to save the planet from the purveyors of this trickle down tyranny.

Source: News With Views.com

Lindsey Williams: 40% Dollar Devaluation Coming





Saturday, December 17, 2011

Financial Panic Sweeps Europe As The Head Of The IMF Warns Of A “1930s Depression”

Are we on the verge of another Great Depression? Christian Lagarde, the head of the IMF, said this week that if dramatic action is not taken immediately we could actually see conditions "reminiscent of the 1930s depression" and that no country on earth "will be immune to the crisis". Right now, financial panic is sweeping across Europe, but most Americans are not too concerned about it because they simply don't understand how important the EU is. The truth is that the EU has a much larger population than the United States does. The EU has an economy that is nearly as large as the economies of the United States and China combined. The EU has more Fortune 500 companies that the United States does, and the banking system of Europe is substantially larger than the banking system of the United States. Anyone out there that believes that a massive financial collapse in Europe would not dramatically affect the rest of the globe is being delusional. The European debt crisis is one of the biggest stories that we have seen in a long, long time and the coming financial meltdown is going to permanently change the global economy.

So far, politicians in Europe have held 19 high-level emergency meetings in an attempt to solve this crisis.

All of their efforts have failed.

Right now, this is the situation in Europe....

-Most EU governments are drowning in toxic levels of debt

-Bond yields have risen dramatically this year and this has caused borrowing costs for most EU members to soar

-In an attempt to get debt under control, governments all over Europe are implementing brutal austerity measures and this is causing European economies to slow down substantially

-There is a tremendous lack of confidence in the European financial system at this point and this is causing a massive credit crunch

-The credit crunch is causing the money supply to drop significantly in almost every nation in the EU

-Major banks all over Europe are massively overleveraged and are on the verge of failing

This is all so similar to what we saw back during the early 1930s.

In fact, things have gotten so bad that prominent world leaders are now using apocalyptic language when describing the situation in Europe.

Just check out what the head of the International Monetary Fund, Christine Lagarde, recently said about Europe. Speaking at a State Department conference in Washington D.C. this week, Lagarde made the following very shocking statements....

*"The world economic outlook at the moment is not particularly rosy. It is quite gloomy"

*"There is no economy in the world, whether low-income countries, emerging markets, middle-income countries or super-advanced economies that will be immune to the crisis that we see not only unfolding but escalating"

*"It is not a crisis that will be resolved by one group of countries taking action. It is going to be hopefully resolved by all countries, all regions, all categories of countries actually taking action."

*"No country or region is immune. All must take action to boost growth. Work must start in the eurozone countries and must continue relentlessly. The risks of inaction include protectionism, isolation and other elements reminiscent of the 1930s depression."

*"This is exactly the description of what happened in the 1930s, and what followed is not something we are looking forward to."

But didn't the politicians in Europe recently reach a deal which was supposed to fix all this?

Well, unfortunately the deal basically did nothing to fix the underlying financial problems that Europe is facing.

In fact, global financial markets seem entirely unimpressed by this recent deal. A recent article by Professor Peter Morici detailed some of the problems with the deal....

Investors are rejecting the euro deal, because the agreement does not effectively meet the funding needs of Italy and other Mediterranean governments, address the weak balance sheets of European commercial banks, or fix the underlying structural flaws in the euro architecture.

The €440 billion European Financial Stability Facility is providing short-term funding—guaranteed by 17 Eurozone member states as a whole—to tide over the more troubled governments.

However, those bailouts impose huge cuts in spending and tax increases. Coupled with austerity plans also adopted by France and other healthier European states, those packages are pushing Europe into a recession that could last several years.
What is even worse is that there are signs that this recent deal is already unraveling. Some EU nations have decided that they are not sure that they want to go along with the program.

The following comes from a recent article in the Telegraph....

Amid fresh warnings that Europe is triggering a 1930s-style global depression, the German chancellor faced open rebellion against the key plank of her Brussels accord. The leaders of Hungary and the Czech Republic told a joint conference in Budapest they were ready to reject the planned treaty changes and implied move towards a centralised tax system. Czech prime minister Petr Necas said he was “convinced that tax harmonisation would not mean anything good for us”.
In Poland, we are actually seeing people march in the streets to protest against this new agreement....

Poles marched under banners that read: “We want sovereignty, not the euro.” They were protesting against the Brussels deal that could see EU countries, including those outside the eurozone, face penalties for breaking tough centralised spending laws.
So not only does this new deal not address the fundamental problems that Europe is facing, there is also a tremendous amount of doubt about whether or not it will eventually be approved.

Meanwhile, the brutal austerity measures that are being implemented all over Europe are pushing many EU nations into recession.

The EU (led by Germany and France) and the IMF have been pushing financially troubled nations all over Europe to make incredibly deep budget cuts. But these very deep budget cuts have had a devastating economic impact.

In a recent article, I discussed how brutal austerity measures have already pushed the economy of Greece into a full-blown depression....

Just look at what happened to Greece. Greece was forced to raise taxes and implement brutal austerity measures. That caused the economy to slow down and tax revenues to decline and so government debt figures did not improve as much as anticipated. So Greece was forced to implement even more brutal austerity measures. Well, that caused the economy to slow down even more and tax revenues declined again. In Greece this cycle has been repeated several times and now Greece is experiencing a full-blown economic depression. 100,000 businesses have closed and a third of the population is living in poverty. But now Germany and France intend to impose the "Greek solution" on the rest of Europe.
Right now, the flow of government money is drying up all over Europe and so is the flow of money from the banks. European banks are shrinking their balance sheets and have dramatically cut back on lending in order to meet new capital requirements that are being imposed upon them.

All of this has created an environment where there is not much credit flowing in Europe at all. When there is a credit crunch of this magnitude, it causes the money supply to start to shrink. This is already happening all over Europe as a recent article in the Telegraph noted....

All key measures of the money supply in the eurozone contracted in October with drastic falls across parts of southern Europe, raising the risk of severe recession over coming months.
Right now, we are seeing the money supply in each of the "PIIGS" nations fall at a staggering rate. The following comes from the same Telegraph article referenced above....

Simon Ward from Henderson Global Investors said "narrow" M1 money – which includes cash and overnight deposits, and signals short-term spending plans – shows an alarming split between North and South.

While real M1 deposits are still holding up in the German bloc, the rate of fall over the last six months (annualised) has been 20.7pc in Greece, 16.3pc in Portugal, 11.8pc in Ireland, and 8.1pc in Spain, and 6.7pc in Italy. The pace of decline in Italy has been accelerating, partly due to capital flight. "This rate of contraction is greater than in early 2008 and implies an even deeper recession, both for Italy and the whole periphery," said Mr Ward.
Those numbers scream "Recession, Recession, Recession".

There may be one glimmer of hope on the horizon. The Federal Reserve has been lending huge amounts of money to the European Central Bank and the European Central Bank has been lending that money out to European banks. In turn, the European banks have been using much of that money to buy up European government bonds. It is a massive Ponzi scheme, but it has stabilized bond yields in Europe for now. This scheme was described in a recent article by Simone Foxman....

That's because the European Central Bank may have already introduced roundabout measures that will solve some of Europe's big problems—it's making investing in peripheral sovereign debt a huge profit opportunity for banks.

Theoretically, financial institutions will be able coin money by borrowing ultra-cheap from the ECB and buying higher yielding sovereign debt.


Essentially, it appears the ECB might allow European banks to pledge everything but the kitchen sink in return for funds. First, the new policy allows European banks to hold far fewer assets as collateral in exchange for funding from the ECB—freeing up liquidity to the tune of €103 billion ($134 billion). More importantly, relaxing collateral restrictions could also allow European banks to use even somewhat risky sovereign assets as collateral for bond purchases.
But this Ponzi scheme cannot go on indefinitely. A lot of European banks are already starting to run out of collateral for these loans as one Australian news source recently explained....

"If anyone thinks things are getting better, they simply don't understand how severe the problems are," a London executive at a global bank said. "A major bank could fail within weeks."

Others said many continental banks, including French, Italian and Spanish lenders, were close to running out of the acceptable forms of collateral, such as US Treasury bonds, that could be used to finance short-term loans.

Some have been forced to lend out their gold reserves to maintain access to US dollar funding.
So will the European Central Bank keep lending them money once they are out of collateral?

If they do, the ECB itself could potentially be in a great deal of danger.

The truth is that the ECB is already playing with fire. So far, the European Central Bank has spent over 274 billion dollars buying up European government bonds in an attempt to keep bond yields down.

How many toxic assets can the ECB buy up before they get into real trouble?

That is a very interesting question.

Meanwhile, the rest of the world is becoming increasingly concerned about the financial panic that is sweeping Europe.

For example, Australian banks have been given one week to perform a stress test that evaluates their ability to survive in the event of a European financial collapse.

Why all the urgency?

Do they know something that we don't?

Just like back in 2008, we are seeing massive problems at some of the largest banks in the world.

On Thursday, Fitch Ratings downgraded a whole bunch of the world's most prominent banks....

The banks included Bank of America, Morgan Stanley and Goldman Sachs, as well as Europe's Barclays, Societe Generale and BNP Paribas.

Germany's Deutsche Bank and Switerzland's Credit Suisse were also downgraded.
The global banking system is a giant house of cards. There is simply way too much debt, way too much leverage and way too much risk.

On average, major banks across Europe are leveraged 26 to 1.

If the value of the assets held by those banks declines by just 4 percent, they will be wiped out.

Yes, that is how serious things are.

And already we are starting to see major banks fail in Europe.

This week it was revealed that Germany's second largest bank is going to need a bailout. The following comes from a Sky News report....

Germany's second largest bank, Commerzbank, is reportedly in discussions with the German government about a bailout after regulators said it needed to raise more money to cope with a potential default on its loans to governments.

"Intense talks" have been going on for several days, according to sources who spoke to the news agency Reuters.
So if Germany's second largest bank is failing, are any banks in Europe safe?

Just like we saw back during the 1930s, we are starting to see a run on banks all over Europe.

In fact, according to a recent Der Spiegel article, a run on Greek banks has been going on for a while now and is rapidly accelerating....

He means that the outflow of funds from Greek bank accounts has been accelerating rapidly. At the start of 2010, savings and time deposits held by private households in Greece totalled €237.7 billion -- by the end of 2011, they had fallen by €49 billion. Since then, the decline has been gaining momentum. Savings fell by a further €5.4 billion in September and by an estimated €8.5 billion in October -- the biggest monthly outflow of funds since the start of the debt crisis in late 2009.
If you can believe it, approximately 20 percent of all bank deposits in Greece have been withdrawn since the start of 2011.

Europe is in a massive amount of trouble. The euro is dropping like a rock and the European financial system is paralyzed by panic and fear.

It is going to take a miracle to prevent a massive financial collapse from happening in Europe in 2012.

Unfortunately, there do not appear to be any miracles for Europe on the horizon.

Source With Links: The American Dream

Friday, December 9, 2011

Lindsey Williams/Alex Jones Show: U.S./NATO to Insite War with Iran by Sept/Oct of 2012







U.S. is Going GAZA/Nazi Concentration Camps - U.S. govt is not hiding the FEMA /Concentration Camps anymore. Army advertising again for Civilian Camp Personnel.

UPDATE 12/8/11 11:56 AM est - Email I just sent my State Elected Officials with all the information provided below proving U.S. Concentration Camps are about to be activated. Also said to them.... What is to stop the Federal Government from putting you too in a Camp? They MUST Act Right now!

Business Insider even has an article about Army advertising for "Camp Personnel".

Hopefully some of the clueless and asleep people have read this and have gotten shaken awake a little.

The government is not even bothering to hide the FEMA camps anymore. All those who have said it was only a "Conspiracy Theory" are now seeing it is real.

I investigated a FEMA camp in Georgia, besides the coffins and Georgia Guidestones. Here is my post about that "adventure".

I believe everyone should start investigating around your area. Find the FEMA camps around where you live, take pictures and report on what you see and find. Is there activity? Are 18 wheelers dropping off supplies? Are there many military personnel around?

I am just astounded at what has happened in this Country and how the majority of the people don't give a SH** about what is happening or has happened! I just can't believe they refuse to wake up! I can't believe that the media is so immoral that they are stepping back and don't report on what has happened in this country. I would have thought there was one or two journalist that actually had a conscious to report how the U.S. civilians are going to become prisoners without any rights what so ever.

I am outraged that there is not one elected official from Tennessee who I emailed, bothered to get back to me about my concerns in what the Federal Elected Officials are doing to our Constitution! How is it, NOT ONE ELECTED OFFICIAL in the United States is willing to Stand up for our Rights!

We are now being officially imprisoned in this country. I don't think people fully understand that. We are not a country of the Free, we in fact are more imprisoned than those in the Middle East and some of the most suppressed countries in the World. We are going to be worst than China.

What the U.S. is about to be is GAZA! The U.S. is Going GAZA! We are going to be confined and we are not going to be able to get out and we are going to be sitting targets for the immoral military to shoot at and abuse without any rights at all!


The US Army Now Offers A Prison Guard Specialty Securing 'Civilian Detainees'
Here is their article:
Part of the NDAA includes amendments allowing for the arrest and indefinite detention of U.S. citizens both at home and abroad.

Below is a portion of the MOS listing at GoArmy.com.

ADVANCED RESPONSIBILITIES
Advanced level Internment/Resettlement Specialist provides guidance, supervises and trains other Soldiers within the same discipline. As an advanced level I/R Specialist, you may be involved in:

Supervise and establish all administrative, logistical and food support operations, confinement/correctional, custodial, treatment, and rehabilitative activities
Responsible for all personnel working in the confinement/correctional facility, including security, logistical, and administrative management of the prisoner/internee population
Provide command and control, staff planning, administration/logistical services, and custody/control for the operation of an Enemy Prisoner of War/Civilian Internee (EPW/CI) camp
Provide command and control, staff planning, administration/logistical services, and custody/control for the operation of detention facility or the operation of a displaced civilian (DC) resettlement facility
Here is the Army site:
Internment / Resettlement Specialist
Internment/Resettlement (I/R) Specialists in the Army are primarily responsible for day-to-day operations in a military confinement/correctional facility or detention/internment facility. I/R Specialists provide rehabilitative, health, welfare, and security to U.S. military prisoners within a confinement or correctional facility; conduct inspections; prepare written reports; and coordinate activities of prisoners/internees and staff personnel.

Some of your duties as an Internment/Resettlement Specialist may include:
Assist with the supervision and management of confinement and detention operations
Provide external security to confinement/corrections facilities or detention/internment facilities
Provide counseling and guidance to individual prisoners within a rehabilitative program
Prepare or review reports and records of prisoners/internees and programs
It then has what the above Business Insider article has.

SHTF wrote about it and has more information about the Camps and and email that has gone out from a Halliburton subsidiary needing supplies for the Camps.

-Kellogg, Brown and Root Services (KBR) is seeking subscontractors on a national basis to provide temporary camp services and facilities as part of its current and future emergency services contracts for the Federal Emergency Management Agency (FEMA), U.S. Army Corps of Engineers (USACE), and state/local government agencies.
-The continental US will be broken up into five regions – Services will be required in each State within each region.
-Establish services listed below within 72 hours for initial set-up and respond within 24 hours for incremental services. This is a CONTINGENCY PROJECT and it should be stressed that lead times will be short with critical requirements due to the nature of emergency responses. Subcontractors must be flexible and able to handle multiple, shifting priorities in an emergency environment. Supply lines needed must be short but not necessarily pre-positioned.
-The personnel on site to be covered by these services will depend on the size and scope of the recovery effort, but for estimating purposes the camp will range in size from 301 to 2,000 persons for up to 30 days in length.

WILL PEOPLE WAKE THE F UP?! WILL PEOPLE JUST KEEP ALLOWING THIS? WILL PEOPLE ALLOW THE U.S. TO GO GAZA, WHERE WE ARE SITTING DUCKS FOR THE GOVERNMENT TO TARGET AND IMPRISON?

I still can't believe that those who we elected would commit Treason as they did!
I still can't believe not one MSM has any morals to discuss this, besides the one show on FOX news.

Jon Stewart of the Daily Show took on the Detainment Camps, the Senate and Obama about the Camps on Dec. 7th. Awesome!

This is so disgusting that the U.S. is the most immoral country in the World.

Inundate your State Elected Officials with this Army advertisement and the Halliburton Email in the SHTF link!

TELL THEM TO STAND UP FOR THEIR STATE CITIZENS AND NOT LET THE FEDERAL GOVERNMENT CREATE NAZI CONCENTRATION CAMPS!

Source With Links: Sherrie Questioning All

Tuesday, December 6, 2011

Exclusive: Government Activating FEMA Camps Across U.S.

Kurt Nimmo and Alex Jones

Infowars.com has received a document originating from Halliburton subsidiary KBR that provides details on a push to outfit FEMA and U.S. Army camps around the United States. Entitled “Project Overview and Anticipated Project Requirements,” the document describes services KBR is looking to farm out to subcontractors. The document was passed on to us by a state government employee who wishes to remain anonymous for obvious reasons.




Services up for bid include catering, temporary fencing and barricades, laundry and medical services, power generation, refuse collection, and other services required for temporary “emergency environment” camps located in five regions of the United States.

Internment Camp Services Bid Arrives After NDAA

KBR’s call for FEMA camp service bids arrives soon after the Senate overwhelmingly passed the National Defense Authorization Act (NDAA) which permits the military to detain and interrogate supposed domestic terror suspects in violation of the Fourth Amendment and Posse Comitatus.

Section 1031 of the NDAA bill declares the whole of the United States as a “battlefield” and allows American citizens to be arrested on U.S. soil and incarcerated in Guantanamo Bay.

A number of civil liberties groups have come out in strong opposition to the legislation, most notably the Japanese American Citizens League (JACL), the nation’s oldest and largest Asian American civil and human rights organization.

In a letter addressed to Congress, S. Floyd Mori, the national director of JACL, said the NDAA is the first time that Congress has scaled back on the protections provided by the Non-Detention Act of 1971. Mori said the legislation, if enacted and put into use, would be reminiscent of the unconstitutional indefinite detention of Japanese Americans during World War II.



Police State 4: The Rise of FEMA.

KBR Instrumental in Establishing Camps in 2006

In 2006, KBR was awarded a contingency contract from the Department of Homeland Security, allegedly to support its Immigration and Customs Enforcement facilities in the event of an emergency, Market Watch reported.

The contract was effective immediately and provided for establishing temporary detention and processing capabilities to expand existing ICE Detention and Removal Operations Program facilities in the event of an emergency influx of immigrants into the U.S., or to support the rapid development of new programs, KBR said. The contract may also provide migrant detention support to other government organizations in the event of an immigration emergency, as well as the development of a plan to react to a national emergency, such as a natural disaster, the company explained.


45 regions indicated in the KBR document.

Army Releases Civilian Inmate Labor Program Document

Soon after KBR’s announcement, a little-known Army document surfaced. Entitled the “Civilian Inmate Labor Program,” the unclassified document describes in detail Army Regulation 210-35. The regulation, first drafted in 1997, underwent a “rapid act revision” in January 2005 and now provides a policy for the creation of labor programs and prison camps on Army installations.

National Emergency Centers Act

In 2009, the National Emergency Centers Act or HR 645 was introduced in Congress. It mandates the establishment of “national emergency centers” to be located on military installations for the purpose of providing “temporary housing, medical, and humanitarian assistance to individuals and families dislocated due to an emergency or major disaster,” according to the bill.

In addition to emergencies, the legislation is designed to “meet other appropriate needs, as determined by the Secretary of Homeland Security,” an open ended mandate which many fear could mean the forced detention of American citizens in the event of widespread rioting after a national emergency or total economic collapse, as Paul Joseph Watson noted in January of 2009.



Clergy response teams.

Also in 2009, the Army National Guard began posting advertisements calling for Internment/Resettlement Specialists, a fact noted by Infowars.com, Prison Planet.com and other alternative media outlets but ignored by the establishment media.

Precursor: Rex 84 Mass Detention Operation

Rex 84, short for Readiness Exercise 1984, was established under the pretext of a “mass exodus” of illegal aliens crossing the Mexican/US border, the same pretense used in the language of the KBR request for services.

During the Iran-Contra hearings in 1987, however, it was revealed that the program was a secretive “scenario and drill” developed by the federal government to suspend the Constitution, declare martial law, assign military commanders to take over state and local governments, and detain large numbers of American citizens determined by the government to be “national security threats.”



Rex 84 was devised by Col. Oliver North, who was with the NSC and appointed liaison to FEMA. John Brinkerhoff, the deputy director of “national preparedness” programs for FEMA, and North designed the plan on a 1970 report written by FEMA chief Louis Giuffrida, at the Army War College, which proposed the detention of up to 21 million “American Negroes” in the event of a black militant uprising in the United States.

DHS Coordinating Occupy Arrests

Following a crackdown by police on Occupy Wall Street protesters around the nation, Oakland, California, mayor Jean Quan mentioned during an interview with the BBC that she was on a conference call with leaders of 18 US cities shortly before a wave of raids broke up Occupy Wall Street encampments across the country. It was later discovered that the FBI, the Department of Homeland Security and other federal police agencies had coordinated the often violent response to the protests.

New York Rep. Peter King, who heads up the House Homeland Security Subcommittee, signaled a sense of urgency when he said the federal government has “to be careful not to allow this movement to get any legitimacy. I’m taking this seriously in that I’m old enough to remember what happened in the 1960′s when the left-wing took to the streets and somehow the media glorified them and it ended up shaping policy. We can’t allow that to happen.”

The federal government responded similarly in the 1960s and 70s when the FBI organized and unleashed its unconstitutional secret police under the covert banner of COINTELPRO.

In addition to the DHS characterizing Americans supporting states’ rights and the Constitution as terrorists, the Defense Department’s Antiterrorism and Force Protection Annual Refresher Training Course in 2009 advised its personnel that political protest amounts to “low-level terrorism.”

Elements of the Police State Coming Together

The KBR document is more evidence that the federal government has established internment camps and plans to fill them with dissidents and anti-government activists that have been demonized consistently by the establishment media.

The NDAA was crafted precisely to provide the legal mechanism for tasking the military to round up activists it conflates with al-Qaeda terrorists. The plan was initially envisioned by Rex 84 and in particular Operation Garden Plot, an operational plan to use the Army, USAF, Navy, and Marine Corp. in direct support of civil disturbance control operations. It has since added numerous elements under the rubric of Continuity of Government, the overall war on terror, civil disturbance and emergency response.

The government has patiently put into place the crucial elements of its police state grid and overarching plan for the internment of political enemies.

We are quite literally one terror event away from the plan going live. As the DHS and the establishment media keep telling us, the next terror event will be on American soil and not the work of al-Qaeda but domestic patriot political groups. The FBI has specialized in creating domestic terrorists – or rather patsies – and shifting the blame over to their political enemies.

Source With Links: Infowars.com

Sunday, November 27, 2011

Trouble

The global economy is heading for a massive amount of trouble in the months ahead. Right now we are seeing the beginning of a credit crunch that is shaping up to be very reminiscent of what we saw back in 2008. Investors and big corporations are pulling huge amounts of money out of European banks and nobody wants to lend to those banks right now. We could potentially see dozens of "Lehman Brothers moments" in Europe in 2012. Meanwhile, bond yields on sovereign debt are jumping through the roof all over Europe. That means that European nations that are already drowning in debt are going to find it much more expensive to continue funding that debt. It would be a huge understatement to say that there is "financial chaos" in Europe right now. The European financial system is in so much trouble that it is hard to describe. The instant that they stop receiving bailout money, Greece is going to default. Portugal, Italy, Ireland, Spain and quite a few other European nations are also on the verge of massive financial problems. When the financial dominoes start to fall, the U.S. financial system is going to be dramatically affected as well, because U.S. banks have a huge amount of exposure to European debt. The other day, I noted that investor Jim Rogers is saying that the coming global financial collapse "is going to be worse" than 2008. Sadly, it looks like he is right on the money. We are in a lot of trouble my friends, and things are going to get really, really ugly.

The sad thing is that we never have recovered from the last major financial crisis. Right now, the U.S. economy is far weaker than it was back in 2007. So what is going to happen if we get hit with another financial tsunami? The following is what PIMCO CEO Mohamed El-Erian said recently....

"What’s most terrifying, we are having this discussion about the risk of recession at a time when unemployment is already too high, at a time when a quarter of homeowners are underwater on their mortgages, at a time then the fiscal deficit is at 9 percent and at a time when interest rates are at zero."
Can things really get much worse than they are now?

Unfortunately, yes they can.

Not that things are not really, really bad right now.

In Los Angeles earlier this week, approximately 10,000 people lined up for free turkey dinners.

So how many people will be lining up for free food when the unemployment rate in the U.S. soars into double digits?

Right now there is so much economic pain in America that it is hard to describe. According to a recent report from one nonprofit group, 45 percent of all people living in the United States "do not have enough money to cover housing, food, healthcare and other basic expenses".

If this is where we are at now, how much trouble will we be in as a nation if a financial crisis worse than 2008 hits us in 2012?

The primary cause of the coming financial crisis will almost certainly be the financial meltdown that we are seeing unfold in Europe.

The economic downturn that began in 2008 caused the debt levels of quite a few European nations to soar to unprecedented heights. It has gotten to the point where the debts of many of those nations are no longer sustainable.

So investors are starting to demand much higher returns for the much greater risk associated with investing in the bonds of those countries.

But that makes it much more expensive for those troubled nations to fund their debts, and that means that their financial troubles get even worse.

Over the past 12 months, what we have seen happen to bond yields over in Europe has been nothing short of amazing.

Just check out this chart of what has been happening to the yield on 2 year Italian bonds over the past 12 months.

And keep in mind that these bond yields have been spiking even while the European Central Bank has been buying up unprecedented mountains of bonds in an attempt to keep bond yields low.

There has been a fundamental loss of faith in the financial system, and it is not just happening in Europe.

Just check out this chart. As that chart shows, credit default swap spreads all over the globe are absolutely skyrocketing and are now higher than we have seen at any point since the great financial crisis that shook the world during 2008 and 2009.

Panic and fear are everywhere - especially in Europe. In fact, it looks like a run on the banks has already begun in Europe.

The following comes from a recent article in The Economist....

"We are starting to witness signs that corporates are withdrawing deposits from banks in Spain, Italy, France and Belgium," an analyst at Citi Group wrote in a recent report. "This is a worrying development."
Nobody wants to lend money to European banks right now. There is a feeling that they are all vulnerable and could fail at any time, and this lack of confidence actually makes that possibility even more likely.

The following is a short excerpt from a recent CNBC article....

Money-market funds in the United States have quite dramatically slammed shut their lending windows to European banks. According to the Economist, Fitch estimates U.S. money market funds have withdrawn 42 percent of their money from European banks in general.

And for France that number is even higher — 69 percent. European money-market funds are also getting in on the act.
So what can be done?

Well, in a different CNBC article, Mitchell Goldberg was quoted as saying that even "a bazooka" is not going to be good enough to fix this situation....

“It’s too late for a bazooka,” said Mitchell Goldberg, president of ClientFirst Strategy. “Now we need inter-continental ballistic missiles. This is getting worse very quickly.”
This is kind of like watching a horrific car wreck happen in very slow motion.

The financial system of Europe is dying and everybody can see what is happening but nobody can seem to find a way to fix it.

Not that we are solving our own problems here in the United States.

The vaunted "supercommittee" that was supposed to get a handle on our debt problem was a complete and utter failure.

Barack Obama has shown that he has no clue what to do when it comes to the economy, and Ben Bernanke has been preoccupied with roaming around the country trying to get people to feel more "warm and fuzzy" about the Federal Reserve.

The Federal Reserve actually has more power over our economy than anyone else. But instead of fixing things they only keep making things even worse.

The only people that the Fed seems to be helping are the banksters.

What you are about to read should really, really upset you. According to a recent article in the Wall Street Journal, the Federal Reserve has actually been tipping off their upcoming moves to top financial professionals. In turn, these financial professionals have been using that information to make a lot of money for themselves and for their clients....

Hours after an Aug. 15 meeting with Federal Reserve Chairman Ben Bernanke in his office, Nancy Lazar made a hasty call to investor clients: The Fed was dusting off an obscure 1960s-era strategy known as Operation Twist.

The news pointed to a boom in long-term bonds.

It was a good call. Over the next five weeks, prices on 10-year Treasury bonds soared, offering double-digit returns in an otherwise dismal year.

By the time the Fed announced its $400 billion Operation Twist on Sept. 21, the window for quick profits had all but slammed shut.

Ms. Lazar is among a group of well-connected investors and analysts with access to top Federal Reserve officials who give them a chance at early clues to the central bank's next policy moves, according to interviews and hundreds of pages of documents obtained by The Wall Street Journal through open records searches.
You just can't make stuff like this up. The corruption at the Federal Reserve is totally out of control. After nearly 100 years of total failure, it is time to shut down the Federal Reserve.

Not that Barack Obama should get a free pass for the role that he has played in this economic downturn. He inherited a complete mess from Bush and has made it even worse.

Today, millions of business owners are so frustrated with Washington D.C. that they don't know what to do.

For example, one business owner down in Georgia has posted signs with the following message on all of his company's trucks....

"New Company Policy: We are not hiring until Obama is gone."
The business environment in this country becomes more toxic with each passing year, and the federal government has already strangled millions of small businesses out of existence.

In addition, politicians from both parties continue to stand aside as tens of thousands of businesses, millions of jobs and hundreds of billions of dollars of our wealth get shipped out of the country.

During 2010, an average of 23 manufacturing facilities a day were shut down in the United States. We are committing national economic suicide, and the top politicians in both political parties keep cheering for more.

Well, millions of ordinary Americans can see what is happening and they are preparing for the worst.

The following report comes from an article that was recently posted on the website of the local CBS affiliate in St. Louis....

A chain of three stores that sells survival food and gear reports a jump in sales to people who are getting prepared for the “possible collapse” of society.

“We had to order fifty cases of the meals ready to eat to keep up with the demand in the past three months,” said manager Steve Dorsey at Uncle Sam’s Safari Outfitters Inc. in Webster Groves. “That’s not normal. Usually we sell 20 to 30 cases in a whole year.”
So are you prepared for the coming collapse?

If you still have a great job and things are still going well for you, then you should definitely be thankful. Compared to the rest of the world, most of us are incredibly blessed.

But let there be no doubt, the U.S. economy is going to get a lot worse in the years ahead.

Just because you have a job today does not mean that you will have one tomorrow.

Just because you have a nice car and a big home today does not mean that you will have them tomorrow.

We all need to try to become a lot less dependent on "the system", because "the system" is failing.

A whole lot of trouble is coming.

You better get ready.


Source With Links: The Economic Collapse

Senate Moves To Allow Military To Intern Americans Without Trial

NDAA detention provision would turn America into a “battlefield”.

Paul Joseph Watson

The Senate is set to vote on a bill next week that would define the whole of the United States as a “battlefield” and allow the U.S. Military to arrest American citizens in their own back yard without charge or trial.

“The Senate is going to vote on whether Congress will give this president—and every future president — the power to order the military to pick up and imprison without charge or trial civilians anywhere in the world. The power is so broad that even U.S. citizens could be swept up by the military and the military could be used far from any battlefield, even within the United States itself,” writes Chris Anders of the ACLU Washington Legislative Office.

Under the ‘worldwide indefinite detention without charge or trial’ provision of S.1867, the National Defense Authorization Act bill, which is set to be up for a vote on the Senate floor Monday, the legislation will “basically say in law for the first time that the homeland is part of the battlefield,” said Sen. Lindsey Graham (R-S.C.), who supports the bill.

The bill was drafted in secret by Senators Carl Levin (D-Mich.) and John McCain (R-Ariz.), before being passed in a closed-door committee meeting without any kind of hearing. The language appears in sections 1031 and 1032 of the NDAA bill.

“I would also point out that these provisions raise serious questions as to who we are as a society and what our Constitution seeks to protect,” Colorado Senator Mark Udall said in a speech last week. One section of these provisions, section 1031, would be interpreted as allowing the military to capture and indefinitely detain American citizens on U.S. soil. Section 1031 essentially repeals the Posse Comitatus Act of 1878 by authorizing the U.S. military to perform law enforcement functions on American soil. That alone should alarm my colleagues on both sides of the aisle, but there are other problems with these provisions that must be resolved.”

This means Americans could be declared domestic terrorists and thrown in a military brig with no recourse whatsoever. Given that the Department of Homeland Security has characterized behavior such as buying gold, owning guns, using a watch or binoculars, donating to charity, using the telephone or email to find information, using cash, and all manner of mundane behaviors as potential indicators of domestic terrorism, such a provision would be wide open to abuse.

“American citizens and people picked up on American or Canadian or British streets being sent to military prisons indefinitely without even being charged with a crime. Really? Does anyone think this is a good idea? And why now?” asks Anders.

The ACLU is urging citizens to call their Senator and demand that the Udall Amendment be added to the bill, a change that would at least act as a check to prevent Americans being snatched off the streets without some form of Congressional oversight.

We have been warning for over a decade that Americans would become the target of laws supposedly aimed at terrorists and enemy combatants. Alex Jones personally documented how U.S. troops were being trained to arrest U.S. citizens in the event of martial law during urban warfare training drills back in the 90′s. Under the the National Defense Authorization Act bill, no declaration of martial law is necessary since Americans would now be subject to the same treatment as suspected insurgents in places like Afghanistan and Iraq.

If you thought that the executive assassination of American citizens abroad was bad enough, now similar powers will be extended to the “homeland,” in other words, your town, your community, your back yard.

Source With Links: Infowars

Tuesday, November 22, 2011

Gerald Celente : Prepare for a Bank Holiday after Christmas

Gerald Celente : the CME group , the crooks over there that said they guarantee everything they've lost over 2.5 billion dollars in equities shares since this thing happened I like to see it go down to ZERO , CME ? may be it's the Chicago Mafia Enterprise . Where is the money Duffy that you said you are going to guaranty , how come the presstitutes are not calling them out on this , and I'll tell you why because may be they do not have the money , here is a scenario I am going to give you a scoop , you go back Alex to when Obama was elected I said prepare for bank Holiday what happened is I am doing research on the Corzine Thing there it pops up with Joe Biden , you remember he was senator from that state over there the loophole state Delaware that gives all these corporations a free ride before he became a vice president he is out there campaigning for Corzine in his boarded efforts to get reelected as governor and he talked about about a bank holiday ........ i am saying this because I believe the entire system is collapsing I believe they're going to keep propping it up until after Christmas so that they can suck everybody in to spending money that they do not have and buying a lot of Christmas crap that they do not need and after that scam is over BAAM it is going to come down.

They Know Social Unrest is a Foregone Conclusion

Mac Slavo

One simply cannot ignore the progressively deteriorating economic and political conditions in just about every industrialized nation (as well as ‘periphery’ countries like Syria and Egypt). The people are getting frustrated at the inability of political leaders to put forth any meaningful solutions. Moreover, they are dismayed at the utter lack of empathy from politicians who claim to be just like the rest of us, but regularly use their positions of power to amass more wealth and influence for themselves and their well connected friends at the expense of the electorate.

As Sovereign Man Simon Black points out in The Government Is Getting Prepared, What About You?, the last week provides some insight into the emotional and psychological state of the globe’s populace as evidenced by the First Lady of the United States being booed at a major sporting event, and a similar occurrence in Russia with Prime Minister Vladimir Putin, not to mention the continued protests in the U.S., Europe, the middle east and elsewhere.

It really doesn’t matter where in the world you are. The people have had enough. And, the majority of them are holding on to the (false) hope that the next election will somehow change things. Just as Scott Brown’s election to the Senate in 2010 at the height of the Tea Party movement failed to change or improve anything because it turns out that the knight in shining armor was just another political prostitute, so too will the next election fail to fundamentally alter the direction we’re headed (unless something amazing happens like the election of a true third party thinker).

People may be holding out hope that things will get better. When the elections of 2012 come and go, and nothing has improved, what we’re seeing play out on the streets of America today is going to intensify. If you think police response is brutal now, wait until the Molotov cocktails start flying.

From Sovereign Man via The Daily Sheeple

These minor instances are emblematic of the massive rift that has emerged between the ‘people’ and their leaders. Politicians may be completely out of touch, but they’re not stupid… and they’re taking steps to prepare.

In so many places around the world right now, anger, animosity, hostility, and anxiety rule the day. For the time being, though, the vast majority of this negativity has an outlet in the political process.

You see, between now and the end of 2012, several hundred national and provincial elections are scheduled around the world– from this past weekend’s parliamentary elections in Spain to presidential elecions in Russia, France, the United States, Mexico, Finland, Iceland, India, Switzerland, South Korea, Yemen, Egypt, and more.

Consequently, people have an outlet to invest their anger and hostility. Emotions are running high, but people at least have a shred of hope that if ‘their guy’ gets elected, everything will get better.

It won’t. And, next year once the election-cycle has disappeared, there will be no more peaceful outlet for all of the anger that has been building up.

That’s when emotions will spill into the streets. And it won’t be peaceful protests being met with violence… it will be violent riots being met with even worse violence.

Politicians are cunning. They can see the writing on the wall, they know that social unrest is a foregone conclusion, and they’re preparing to defend the status quo at all costs.

[emphasis added]

Government game theorists, who have been war-gaming scenarios that include large scale economic breakdown and civil unrest, know what’s headed our way. If you’re wondering why military troops are being trained for domestic policing and why local police forces are being weaponized and militarized, then you need only consider the law of parsimony (Occam’s Razor). The simplest explanation tends to be true – and in this case, the simplest explanation is that the government is planning on complete pandemonium in America.

Source: SHTFPlan

17 Quotes About The Coming Global Financial Collapse That Will Make Your Hair Stand Up

Is the world on the verge of another massive global financial collapse? Yes. The western world is drowning in an ocean of debt unlike anything the world has ever seen before, and our financial markets are gigantic casinos that are dependent on huge mountains of risk and leverage remaining very stable. In the end, this house of cards that has been built on a foundation of sand is going to come crashing down in a horrifying manner. Usually in this column I go on and on about why things will soon get much worse. But today I am going to take a bit of a break. Today, I am going to let some of the top financial professionals in the world tell you why things will soon get much worse. Many of the quotes that you are about to read just might make the hair on the back of your neck stand up. Most people out there have no idea what is about to happen. Most people out there are working hard and are busy preparing for the holidays and they are hopeful that the economy will turn around soon. But that is not going to happen. We are heading for another major global financial collapse, and when it happens the U.S. economy is going to get even worse.

The epicenter for the coming global financial collapse is almost certainly going to be in Europe. As you will see below, financial professionals all over the world are sounding the alarm about Europe. It is a disaster that everyone can see coming but that nobody seems to be able to prevent.

Of course the failure of the "supercommittee" in the United States certainly is not helping matters. There is already talk that we may soon see another downgrade for U.S. debt. It is hard to even describe how incompetent the U.S. Congress is.

There is a tremendous lack of leadership both in the United States and in Europe right now. The financial world is more interconnected than ever before, and when the financial dominoes start to fall it is going to take a miracle to keep a complete and total disaster from unfolding.

So when the time comes, who is going to step forward and provide that leadership?

That is a really, really good question.

Right now, panic and fear are spreading like wildfire in the financial world and nobody knows for sure what is going to happen next.

But one thing is for certain. Pessimism is growing stronger by the day.

The following are 17 quotes about the coming global financial collapse that will make your hair stand up....

#1 Credit Suisse's Fixed Income Research unit: "We seem to have entered the last days of the euro as we currently know it. That doesn’t make a break-up very likely, but it does mean some extraordinary things will almost certainly need to happen – probably by mid-January – to prevent the progressive closure of all the euro zone sovereign bond markets, potentially accompanied by escalating runs on even the strongest banks."

#2 Willem Buiter, chief economist at Citigroup: "Time is running out fast. I think we have maybe a few months -- it could be weeks, it could be days -- before there is a material risk of a fundamentally unnecessary default by a country like Spain or Italy which would be a financial catastrophe dragging the European banking system and North America with it."

#3 Jim Reid of Deutsche Bank: "If you don't think Merkel's tone will change then our investment advice is to dig a hole in the ground and hide."

#4 David Rosenberg, a senior economist at Gluskin Sheff in Toronto: "Lenders are finding it difficult to finance their day-to-day operations with short-term funding. This is a lot like 2008 but with more twists."

#5 Christian Stracke, the head of credit research for Pimco: "This is just a repeat of what we saw in 2008, when everyone wanted to see toxic assets off the banks’ balance sheets"

#6 Paul Krugman of the New York Times: "At this point I’d guess soaring rates on Italian debt leading to a gigantic bank run, both because of solvency fears about Italian banks given a default and because of fear that Italy will end up leaving the euro. This then leads to emergency bank closing, and once that happens, a decision to drop the euro and install the new lira. Next stop, France."

#7 Paul Hickey of Bespoke Investment Group: "More and more, we are hearing anecdotal comments from individual and professionals that this is the most difficult environment they have ever experienced as the market is like a fish flopping around after being taken out of the water."

#8 Bob Janjuah of Nomura International: "Germany appears to be adamant that full political and fiscal integration over the next decade (nothing substantive will happen over the short term, in my view) is the only option, and ECB monetisation is no longer possible. I really think it is that clear and simple. And if I am wrong, and the ECB does a U-turn and agrees to unlimited monetisation, I will simply wait for the inevitable knee-jerk rally to fade before reloading my short risk positions. Even if Germany and the ECB somehow agree to unlimited monetisation I believe it will do nothing to fix the insolvency and lack of growth in the eurozone. It will just result in a major destruction of the ECB‟s balance sheet which will force an ECB recap. At that point, I think Germany and its northern partners would walk away. Markets always want short, sharp, simple solutions."

#9 Dan Akerson, CEO of General Motors: "The ’08 recession, which was a credit bubble that manifested itself through primarily the real estate market, that was a serious stress....This is much more serious."

#10 Francesco Garzarelli of Goldman Sachs: "Pressures on Euro area sovereign bond markets have progressively intensified and spread like a wildfire."

#11 Jim Rogers: "In 2002 it was bad, in 2008 it was worse and 2012 or 2013 is going to be worse still – be careful"

#12 Dr. Pippa Malmgren, the President and founder of Principalis Asset Management who once worked in the White House as an adviser to President Bush: "Market forces are increasingly determining what the options are and foreclosing on options policymakers thought they had. One option which is now under discussion involves permitting a country to temporarily leave the Euro, return to its native currency, devalue, commit to returning to the Euro at a better debt to GDP ratio, a better exchange rate and a better growth trajectory and yet not sacrifice its EU membership. I would like to say for the record that this is precisely the thought process that I expected to evolve,but when I proposed this possibility back in 2009, and again in September 2010, I had a 100% response from clients and others that this was “impossible” and many felt it was “ridiculous”. They may be right but this is the current state of the discussion. The Handelsblatt in Germany has reported this conversation, but wrongly assumes that the country that will exit is Germany. I think that Germany will have to exit if the Southern European states do not. Germany’s preference is to stay in the Euro and have the others drop out. The problem has been the Germans could not convince the others to walk away. But, now, market pressures are forcing someone to leave. Germany is pushing for that someone to be Italy. They hope that this would be a one off exception, not to be repeated by any other country. Obviously, though, if Italy leaves the Euro and reverts to Lira then the markets will immediately and forcefully attack Spain, Portugal and even whatever is left of the already savaged Greeks. These countries will not be able to compete against a devalued Greece or Italy when it come to tourism or even infrastructure. But, the principal target will be France. The three largest French banks have roughly 450 billion Euros of exposure to Italian debt. So, further sovereign defaults are certainly inevitable, but that is true under any scenario. Growth and austerity will not do the trick, as ZeroHedge rightly points out. Ultimately, I will not be at all surprised to see Europe’s banking system shut for days while the losses and payments issues are worked out. People forget that the term “bank holiday” was invented in the 1930’s when the banks were shut for exactly the same reason."

#13 Daniel Clifton, a policy strategist with Strategas Research Partners on the potential for more downgrades of U.S. debt: "We would expect further downgrades, a first downgrade from Moody’s and Fitch and possibly a second downgrade from S&P."

#14 Warren Buffett on the problems in the eurozone: "The system as presently designed has revealed a major flaw. And that flaw won’t be corrected just by words. Europe will either have to come closer together or there will have to be some other rearrangement because this system is not working"

#15 David Kostin, equity strategist for Goldman Sachs: "The wide range of possible outcomes on both the super committee process and the unstable political economy in Europe drives our view that investors should assume the worst while hoping for the best."

#16 Mark Mobius, the head of the emerging markets desk at Templeton Asset Management: "There is definitely going to be another financial crisis around the corner"

#17 Gerald Celente, founder of The Trends Research Institute: "The whole system is going down. Pull your money out your Fidelity account, your Scwhab accout, and your ETFs."

Are you starting to get the picture?

When so many top financial professionals are freaking out like this, perhaps the rest of us should start paying attention.

They are telling us that "time is running out".

They are telling us that "there is definitely going to be another financial crisis".

They are telling us that this "is going to be worse" than 2008.

They are telling us that "the whole system is going down".

Yes, a devastating financial collapse really is coming. Just like in 2008, it will seem like the "end of the world" while it is happening, but it won't be. It will severely damage our financial system and our economy, but it will not finish us off.

Think of it this way. When you build a sand castle at the beach, it doesn't get totally wiped out by the first wave or the second wave that hits it. Each wave does significant damage, but the destruction of your sand castle is a process.

It is the same thing with the U.S. economy. We once had the most incredible economic machine that the world has ever seen. It is constantly being gutted and the financial crisis of 2008 hit us really hard, but we are still doing okay.

After this next financial crisis we will be in even worse shape. But we will still be breathing.

More "waves" will come after this next financial crisis. If we continue on the road that we are on, our economy will progressively get worse and worse.

Not everyone will agree with this analysis, and that is okay. In the end, time will reveal the truth to all of us.

Right now, we all need to get ready for the next wave that is about to hit us. A lot of people are going to lose their jobs over the next few years. Hopefully you are prepared for that.

Source: The Economic Collapse

Saturday, November 19, 2011

The Coming European Superstate That Germany Plans To Cram Down The Throats Of The Rest Of Europe

A lot of people were puzzled about what German Chancellor Angela Merkel meant when she recently stated that the ultimate solution to the financial crisis in the EU would “mean more Europe, not less Europe”. Well, now we are finding out. A leaked internal German government memo entitled “The Future of the EU: Required Integration Policy Improvements for the Creation of a Stability Union” actually proposes the creation of a “European Monetary Fund” which would be given the power to run the economies of troubled European nations. This “stability union” would be quickly followed by the creation of a full-fledged “political union”. Essentially, this leaked memo proposes the creation of a “European Superstate” which will be crammed down the throats of the rest of Europe whether they like it or not. National sovereignty would be a thing of the past and European bureaucrats would run everything. Of course this will never be accepted by the people of Europe until they feel the bitter pain of the coming financial collapse, but we are starting to see that there is already a clear plan for what the Germans wish to implement in the aftermath of the coming crisis.

A lot of people have just assumed that if there is a massive financial collapse in Europe and the euro crashes that it will mean that end of the euro and potentially the breakup of the EU. But that is not what the Germans have planned at all.

An article in the Telegraph has posted details about the leaked internal German government memo mentioned above. It really is startling to see that a full-fledged “political union” in Europe is being discussed at the highest levels of the German government….

The six-page memo, by the German foreign office, argues that Europe’s economic powerhouses should be able to intervene in how beleaguered eurozone countries are run.

The confidential blueprint sets out Germany’s plan to tackle the eurozone debt crisis by creating a “stability union” that will be “immediately followed by moves “on the way towards a political union”.

It will prompt fears that Germany’s euro crisis plans could result in a European super-state with spending and tax plans set in Brussels.

Can you imagine what Europe would look like under such a plan?

National sovereignty would be a thing of the past.

Another article in the Telegraph says that the leaked memo proposes that immediately a “European Monetary Fund” should be set up that would have the power to take over and run the economies of European nations that get into too much debt. But according to the memo this would just be an intermediate step toward a full “political union”….

The six-page German foreign ministry paper sets out plans for the creation of a European Monetary Fund with a transfer of sovereignty away from member states.

The fund will have the power to take ailing countries into receivership and run their economies. Even more controversially, the document, entitled The future of the EU: required integration policy improvements for the creation of a Stability Union, declares that the treaty changes are a first stage “in which the EU will develop into a political union”. “The debate on the way towards a political union must begin as soon as the course toward stability union is charted,” it concludes.

As the crisis in Europe has gotten worse, the Germans have become more aggressive about throwing their weight around. At this point, German Chancellor Angela Merkel is the most important politician in Europe and she has been taking the lead in responding to this financial crisis.

As I have written about previously, there have been persistent rumors that French President Nicolas Sarkozy and German Chancellor Angela Merkel have been “secretly plotting” to create a “new eurozone” that will fundamentally change the way that Europe is run.

For example, the following is from an article that recently came out in the Telegraph….

France is drawing up plans to create a breakaway organisation of eurozone countries with its own treaty, parliament and headquarters – a move that could significantly undermine the existing European Union.

That same article also talked about the goals that France and Germany are hoping to achieve through all of this….

France and Germany are understood to want to strengthen the union between eurozone countries with new taxes and legal measures to stop nations borrowing and spending too much in future.

Of course it is important to note that there is no way that the people of Europe are going to go for any of this right now.

But after feeling the pain of a massive financial collapse for a while will they change their minds?

What is clear is that the status quo is not going to last much longer. Something has got to change. Unfortunately, Germany and France seem determined to push the rest of Europe in the direction of creating a European Superstate.

If you want to get a really good idea of what is happening in Europe right now, just check out this video of a recent speech by Nigel Farage on the floor of the European Parliament on November 16th, 2011. Trust me, it is worth the couple of minutes that it takes to watch it.

But before fundamental structural changes take place in Europe, we are going to see an absolutely crippling financial collapse first. With each passing day, there are more signs that things are rapidly unraveling. The following are just a few of the noteworthy news items from Europe that have come out over the past week….

*In Italy there were violent clashes between protesters and police after Mario Monti unveiled his new austerity program. To get an idea of how crazy things are getting over in Italy, just check out this video.

*Just like what happened when austerity was implemented in Greece, it looks like Italy is now headed down the road toward a major recession. Industrial orders in Italy for the month of September declined by 8.5 percent. That is really, really bad news.

*The EFSF has already been forced to buy up huge numbers of its own bonds. That essentially means that the EFSF is already a bad joke.

*Dozens of big banks all over Europe have been downgraded in recent weeks. Even German banks are getting downgraded now. The other day, Moody’s downgraded the ratings of 10 major German banks.

An increasing number of people that work in the financial world are starting to get really freaked out about everything that is going on.

The following is what Mark Mobius, head of the emerging markets desk at Templeton Asset Management, had to say recently….

“There is definitely going to be another financial crisis around the corner, because we haven’t solved any of the things that caused the previous crisis.”

Willem Buiter, the chief economist of Citigroup, believes that if something is not done quickly, there will be a financial collapse in Europe in very short order….

“Time is running out fast. I think we have maybe a few months — it could be weeks, it could be days — before there is a material risk of a fundamentally unnecessary default by a country like Spain or Italy which would be a financial catastrophe dragging the European banking system and North America with it. So they have to act now.”

Ann Barnhardt of Barnhardt Capital Management actually shut down her entire firm because she could no longer guarantee that the money her clients were putting into the futures and options markets would be safe. Posted below are extended excerpts from the open letter that she recently released to the public. Normally I would not post such extended excerpts, but in this case I believe that they are warranted. What Barnhardt has written should be a huge wake up call for all of us. It is refreshing (and a bit frightening) to get an honest assessment of the corruption in the financial world from someone that has made a good living in that world. The following is how she began her letter….

It is with regret and unflinching moral certainty that I announce that Barnhardt Capital Management has ceased operations. After six years of operating as an independent introducing brokerage, and eight years of employment as a broker before that, I found myself, this morning, for the first time since I was 20 years old, watching the futures and options markets open not as a participant, but as a mere spectator.

The reason for my decision to pull the plug was excruciatingly simple: I could no longer tell my clients that their monies and positions were safe in the futures and options markets – because they are not. And this goes not just for my clients, but for every futures and options account in the United States. The entire system has been utterly destroyed by the MF Global collapse. Given this sad reality, I could not in good conscience take one more step as a commodity broker, soliciting trades that I knew were unsafe or holding funds that I knew to be in jeopardy.

So how did the MF Global collapse wreck the system? Barnhardt went on to explain this….

The futures markets are very highly-leveraged and thus require an exceptionally firm base upon which to function. That base was the sacrosanct segregation of customer funds from clearing firm capital, with additional emergency financial backing provided by the exchanges themselves. Up until a few weeks ago, that base existed, and had worked flawlessly. Firms came and went, with some imploding in spectacular fashion. Whenever a firm failure happened, the customer funds were intact and the exchanges would step in to backstop everything and keep customers 100% liquid – even as their clearing firm collapsed and was quickly replaced by another firm within the system.

Everything changed just a few short weeks ago. A firm, led by a crony of the Obama regime, stole all of the non-margined cash held by customers of his firm. Let’s not sugar-coat this or make this crime seem “complex” and “abstract” by drowning ourselves in six-dollar words and uber-technical jargon. Jon Corzine STOLE the customer cash at MF Global. Knowing Jon Corzine, and knowing the abject lawlessness and contempt for humanity of the Marxist Obama regime and its cronies, this is not really a surprise. What was a surprise was the reaction of the exchanges and regulators. Their reaction has been to take a bad situation and make it orders of magnitude worse. Specifically, they froze customers out of their accounts WHILE THE MARKETS CONTINUED TO TRADE, refusing to even allow them to liquidate. This is unfathomable. The risk exposure precedent that has been set is completely intolerable and has destroyed the entire industry paradigm. No informed person can continue to engage these markets, and no moral person can continue to broker or facilitate customer engagement in what is now a massive game of Russian Roulette.

Even more frightening, Barnhardt says that the MF Global collapse is just the “tip of the iceberg” and that more collapses like this are about to happen….

I have learned over the last week that MF Global is almost certainly the mere tip of the iceberg. There is massive industry-wide exposure to European sovereign junk debt. While other firms may not be as heavily leveraged as Corzine had MFG leveraged, and it is now thought that MFG’s leverage may have been in excess of 100:1, they are still suicidally leveraged and will likely stand massive, unmeetable collateral calls in the coming days and weeks as Europe inevitably collapses. I now suspect that the reason the Chicago Mercantile Exchange did not immediately step in to backstop the MFG implosion was because they knew and know that if they backstopped MFG, they would then be expected to backstop all of the other firms in the system when the failures began to cascade – and there simply isn’t that much money in the entire system. In short, the problem is a SYSTEMIC problem, not merely isolated to one firm.

So what does Barnhardt say that we should all do? She is actually recommending that everyone should completely abandon the futures and options markets….

And so, to the very unpleasant crux of the matter. The futures and options markets are no longer viable. It is my recommendation that ALL customers withdraw from all of the markets as soon as possible so that they have the best chance of protecting themselves and their equity. The system is no longer functioning with integrity and is suicidally risk-laden. The rule of law is non-existent, instead replaced with godless, criminal political cronyism.

Remember, a few weeks ago I warned you all that a massive derivatives crisis is coming. Anyone that plays around with derivatives at this point is playing with fire. Barnhardt says that she will never reopen her firm until Barack Obama is removed from office and fundamental reforms to the financial system have been implemented….

Finally, I will not, under any circumstance, consider reforming and re-opening Barnhardt Capital Management, or any other iteration of a brokerage business, until Barack Obama has been removed from office AND the government of the United States has been sufficiently reformed and repopulated so as to engender my total and complete confidence in the government, its adherence to and enforcement of the rule of law, and in its competent and just regulatory oversight of any commodities markets that may reform. So long as the government remains criminal, it would serve no purpose whatsoever to attempt to rebuild the futures industry or my firm, because in a lawless environment, the same thievery and fraud would simply happen again, and the criminals would go unpunished, sheltered by the criminal oligarchy.

We are on the verge of a financial crisis that could potentially be just as bad (or even worse) than the financial crisis of 2008.

Right now, 2012 is shaping up as a very, very bad year.

As I have written about previously, when European leaders proposed that private Greek bondholders should take a “50% haircut”, they massively undermined faith in the European financial system.

Now panic and fear are in the air and it is unlikely that financial markets will be calmed any time soon.

Already, there are early signs of the kind of massive credit crunch that almost brought about “the end of the world” in financial markets back in 2008.

For example, a CNBC article that was posted on Friday reported that the flow of credit in Europe is seriously drying up….

Fear over European banks’ exposure to risky government debt stalked markets and harried bank executives on Friday, as unsecured lending between banks evaporated and the cost of secured loans rose.

And as a recent article posted on Zero Hedge discussed, a similar thing is starting to happen in the United States….

The entire dollar funding market is now at levels not seen since the Lehman collapse and is effectively frozen. Only this time it is much, much worse as never before has the global central bank cadre been assumed and implied to be backstopping the global liquidity cascade. Ex-out the implied backstop by the monetary authorities, and liquidity is now locked up more than ever in the history of capital markets.

So what should we do about this?

We should take action and get prepared for what is coming.

Unfortunately, an increasing number of Americans seem to be “checking out” instead. According to a recent Gallup poll, alcohol consumption in the United States has hit a 25 year high. More than one out of every ten Americans over the age of 12 is on prescription antidepressants, and most American families spend endless hours staring at the television in an attempt to escape the pain and the frustration that they constantly feel.

Hopefully by working together we can help more Americans (and more Europeans as well) to wake up, to get off their couches, and to take action in a positive way.

Time is running out and the economic crisis is rapidly getting worse.

We don’t have any time to waste.

Source With Links: The Economic Collapse

Friday, November 18, 2011

Great Changes

Glynda Lomax

I was thinking about a close friend who is going through a divorce and how she has adapted to all the changes the divorce has brought into her life when the Lord began to speak this word to me today.


In this new year as change rolls out across the earth, many will find they can no longer live their old ways. Change will be required in order to survive. My people will be led to change beforehand.


My people shall rise up to this change as if they expected it for I will prepare them beforehand for what is coming. Those near Me who walk in My ways will be prepared. Much change is indeed coming, great changes you know not of.


It is of utmost importance My people walk in complete obedience to Me at this time. There is no time for dragging your feet, for resisting change when I bring it into your lives. I am preparing you for what lies ahead, My people, and if you resist, you will not be ready when change is forced upon you. Yield to My gentle leading.


A time of much chaos is approaching in the world. Stable systems are no longer stable, leaders no longer lead and guide, but fall themselves into traps the enemy has set for them. Some of these I give way to fall, others are tempted and give in to what they know they should not do. They will be found out. The time when systems in place operated faithfully is gone now to make way for change.


Change is coming, and those who deny it are deceived. Those who resist it will be taken forcefully by it, and will not be ready. Those who yield to Me and My leading will be hidden in Me as the changes come. Ready and prepared, they will not be devastated by events soon to happen.


The stage has been set and now is ready for all My word has foretold. The man of perdition shall soon appear. He comes to deceive and destroy all mankind. He shall have his way with many. There are many in the world who are willing to be deceived for wealth, for pleasure, or for the sake of being exalted among men. They do not believe in what is yet to come, but consider it a fairy tale of sorts devised by the weak. They shall know they have been deceived in the end.


My Children, stay close to Me for what is coming in the world shall indeed terrify many. It is not My will that you would be afraid, for these things must happen


Thessalonians 2:1-4: Now we beseech you, brethren, by the coming of our Lord Jesus Christ, and by our gathering together unto him, That ye be not soon shaken in mind, or be troubled, neither by spirit, nor by word, nor by letter as from us, as that the day of Christ is at hand. Let no man deceive you by any means: for that day shall not come, except there come a falling away first, and that man of sin be revealed, the son of perdition; Who opposeth and exalteth himself above all that is called God, or that is worshipped; so that he as God sitteth in the temple of God, shewing himself that he is God.

Source: Wings of Prophecy

"The Entire System Has Been Utterly Destroyed By The MF Global Collapse"

Presented without comment, merely to confirm that the market as we know it, no longer exists.

BCM Has Ceased Operations (source)

Posted by Ann Barnhardt - November 17, AD 2011 10:27 AM MST
Dear Clients, Industry Colleagues and Friends of Barnhardt Capital Management,

It is with regret and unflinching moral certainty that I announce that Barnhardt Capital Management has ceased operations. After six years of operating as an independent introducing brokerage, and eight years of employment as a broker before that, I found myself, this morning, for the first time since I was 20 years old, watching the futures and options markets open not as a participant, but as a mere spectator.

The reason for my decision to pull the plug was excruciatingly simple: I could no longer tell my clients that their monies and positions were safe in the futures and options markets – because they are not. And this goes not just for my clients, but for every futures and options account in the United States. The entire system has been utterly destroyed by the MF Global collapse. Given this sad reality, I could not in good conscience take one more step as a commodity broker, soliciting trades that I knew were unsafe or holding funds that I knew to be in jeopardy.

The futures markets are very highly-leveraged and thus require an exceptionally firm base upon which to function. That base was the sacrosanct segregation of customer funds from clearing firm capital, with additional emergency financial backing provided by the exchanges themselves. Up until a few weeks ago, that base existed, and had worked flawlessly. Firms came and went, with some imploding in spectacular fashion. Whenever a firm failure happened, the customer funds were intact and the exchanges would step in to backstop everything and keep customers 100% liquid – even as their clearing firm collapsed and was quickly replaced by another firm within the system.

Everything changed just a few short weeks ago. A firm, led by a crony of the Obama regime, stole all of the non-margined cash held by customers of his firm. Let’s not sugar-coat this or make this crime seem “complex” and “abstract” by drowning ourselves in six-dollar words and uber-technical jargon. Jon Corzine STOLE the customer cash at MF Global. Knowing Jon Corzine, and knowing the abject lawlessness and contempt for humanity of the Marxist Obama regime and its cronies, this is not really a surprise. What was a surprise was the reaction of the exchanges and regulators. Their reaction has been to take a bad situation and make it orders of magnitude worse. Specifically, they froze customers out of their accounts WHILE THE MARKETS CONTINUED TO TRADE, refusing to even allow them to liquidate. This is unfathomable. The risk exposure precedent that has been set is completely intolerable and has destroyed the entire industry paradigm. No informed person can continue to engage these markets, and no moral person can continue to broker or facilitate customer engagement in what is now a massive game of Russian Roulette.

I have learned over the last week that MF Global is almost certainly the mere tip of the iceberg. There is massive industry-wide exposure to European sovereign junk debt. While other firms may not be as heavily leveraged as Corzine had MFG leveraged, and it is now thought that MFG’s leverage may have been in excess of 100:1, they are still suicidally leveraged and will likely stand massive, unmeetable collateral calls in the coming days and weeks as Europe inevitably collapses. I now suspect that the reason the Chicago Mercantile Exchange did not immediately step in to backstop the MFG implosion was because they knew and know that if they backstopped MFG, they would then be expected to backstop all of the other firms in the system when the failures began to cascade – and there simply isn’t that much money in the entire system. In short, the problem is a SYSTEMIC problem, not merely isolated to one firm.

Perhaps the most ominous dynamic that I have yet heard of in regards to this mess is that of the risk of potential CLAWBACK actions. For those who do not know, “clawback” is the process by which a bankruptcy trustee is legally permitted to re-seize assets that left a bankrupt entity in the time period immediately preceding the entity’s collapse. So, using the MF Global customers as an example, any funds that were withdrawn from MFG accounts in the run-up to the collapse, either because of suspicions the customer may have had about MFG from, say, watching the company’s bond yields rise sharply, or from purely organic day-to-day withdrawls, the bankruptcy trustee COULD initiate action to “clawback” those funds. As a hedge broker, this makes my blood run cold. Generally, as the markets move in favor of a hedge position and equity builds in a client’s account, that excess equity is sent back to the customer who then uses that equity to offset cash market transactions OR to pay down a revolving line of credit. Even the possibility that a customer could be penalized and additionally raped AGAIN via a clawback action after already having their customer funds stolen is simply villainous. While there has been no open indication of clawback actions being initiated by the MF Global trustee, I have been told that it is a possibility.

And so, to the very unpleasant crux of the matter. The futures and options markets are no longer viable. It is my recommendation that ALL customers withdraw from all of the markets as soon as possible so that they have the best chance of protecting themselves and their equity. The system is no longer functioning with integrity and is suicidally risk-laden. The rule of law is non-existent, instead replaced with godless, criminal political cronyism.

Remember, derivatives contracts are NOT NECESSARY in the commodities markets. The cash commodity itself is the underlying reality and is not dependent on the futures or options markets. Many people seem to have gotten that backwards over the past decades. From Abel the animal husbandman up until the year 1964, there were no cattle futures contracts at all, and no options contracts until 1984, and yet the cash cattle markets got along just fine.

Finally, I will not, under any circumstance, consider reforming and re-opening Barnhardt Capital Management, or any other iteration of a brokerage business, until Barack Obama has been removed from office AND the government of the United States has been sufficiently reformed and repopulated so as to engender my total and complete confidence in the government, its adherence to and enforcement of the rule of law, and in its competent and just regulatory oversight of any commodities markets that may reform. So long as the government remains criminal, it would serve no purpose whatsoever to attempt to rebuild the futures industry or my firm, because in a lawless environment, the same thievery and fraud would simply happen again, and the criminals would go unpunished, sheltered by the criminal oligarchy.

To my clients, who literally TO THE MAN agreed with my assessment of the situation, and were relieved to be exiting the markets, and many whom I now suspect stayed in the markets as long as they did only out of personal loyalty to me, I can only say thank you for the honor and pleasure of serving you over these last years, with some of my clients having been with me for over twelve years. I will continue to blog at Barnhardt.biz, which will be subtly re-skinned soon, and will continue my cattle marketing consultation business. I will still be here in the office, answering my phones, with the same phone numbers. Alas, my retirement came a few years earlier than I had anticipated, but there was no possible way to continue given the inevitability of the collapse of the global financial markets, the overthrow of our government, and the resulting collapse in the rule of law.

As for me, I can only echo the words of David:

“This is the Lord’s doing; and it is wonderful in our eyes.”

With Best Regards-
Ann Barnhardt

Source: Zero Hedge

Note: You must be making preparations NOW! Watchman57