Headline news

Today a site where I posted a lot of my articles decided to ban me from posting because of the subjects of my blogs. When I wrote the administrator of the site, he was just as just as rude and unprofessional as I've ever seen. I tell you here and now, I'm not an Alex Jones supporter, nor have I ever supported him. He does have some good points, but I don't trust his sourcing. A few months ago Glenn Beck did a segment on the Chinese not purchasing anymore US bonds and 15 days to the New World Order. Thinking he was crazy, I decided to research it on my own. Glenn Beck was right to a point, but I don't think anyone really knows what's going to happen. I do know that if we make it to 2012, it will be a miracle and I might just start believing in God again, but I don't see that happening.

Today on "Freedom Watch" Judge Napaletanno talked about European civil unrest coming here to America and its possibilities. The following show "Follow the Money" not only did Eric Bolling talk about European civil unrest coming to America, but also an economic collapse happening as well. Peter Schiff who predicted the housing and credit bubbles bursting also tonight predicted the bond bubble bursting which I wrote about on Monday. What's starting to concern me is that this is starting to be talked about more and more by the mainstream media and they're accepting it. This isn't just one kook talking about it, heads of companies and reporters are starting to tell people, hey this is coming.

Anyone who knows me knows I only deal in facts although my wife says facts are subjective. The fact is the military does war game simulations of martial law frequently, what's different this time is they're actually moving food around which tells me they know its coming. Fact is, the Federal Reserve can't buy bonds quick enough to keep rates from raising. The Federal Reserves QE1 started out at $600 billion and turned into $1.8 trillion. Fact  is, if interest rates rise, more and more people will not only lose their homes due to high payments, but unemployment will go higher for those industries that rely on the housing market. Fact is, our economy will never be what it was because our economy was based upon borrowing money we didn't have, that's what got us here in the first place. Fact is, not only is the House talking about passing a $1.2 trillion spending bill, but they've already agreed to pass a $900 billion stimulus 2 which includes extending unemployment for 13 months and retaining the Bush-era tax cuts. Fact is, even with the new Republicans coming into the House next year, spending will continue to soar. Fact is, China is buying shorter term bonds and starting to diversify in Gold and Commodities.

Call me crazy if you want. Call me a fear monger even, but facts are facts and you can't run from them, just ignore them. If you haven't prepared, start preparing, you don't have much time. If you don't know how to survive an economic collapse, research it or read my older blogs. If you don't know how to survive martial law, research it or read my older blogs. Anything you don't know, check my older blogs first, then research it if I haven't covered it. Get out of money, buy Gold and Silver. One thing I'm doing that my grandfather told me is going to the bank and looking for pre 1970 coins. Anything before 1970 has 40% silver and anything before 1964 has 90% silver. Do what you have to do, but make sure you're prepared, because if you aren't, it's no one's fault but your own. If I'm wrong, hey, you just got rich accidentally, but if I'm not, you're prepared.

Sources:

http://www.tomdispatch.com/post/175113/Michael_Klare_the_great_superpower_meltdown
http://peterschiffblog.blogspot.com/2010/12/market-update-commodities-us-dollar.html
http://online.wsj.com/article/SB10001424052748704828104576021413142892094.html?mod=WSJ_Bonds_LEFTTopNews
http://pragcap.com/northern-trust-qe1-failed-why-will-qe2-work
http://www.sooperarticles.com/finance-articles/investing-articles/federal-reserve-launches-qe15-157842.html
http://en.wikipedia.org/wiki/Quantitative_easing
http://www.businessinsider.com/why-quantitative-easing-is-bad-for-the-economy-2010-11#
http://online.wsj.com/mdc/public/npage/2_3051.html?mod=2_3002&sid=1224040&page=bond

Obama using redistributionist policies on rest of the world

Why would the US want to give up its stature as not only a global power, but also as the global currency? Our current President and Fed chairman Bernanke are thinking that an imbalance in trade is unfair to other countries. I would say that this is really mismanaged thinking or that there is something else going on and we’re not watching the other hand.


Currently the US has a trade deficit of 40% of the worlds total GDP and China leads exporting with 23% of the worlds surplus. Is there anything wrong with this? I would say no, there is nothing wrong with having a trade deficit because it allows countries like the US to focus on other things other than manufacturing.

Let me give you an example of what I am thinking. The US is one of the leading nations in research and development because we’re a service oriented industry. Our businesses have to come up with new ideas on how to make people’s life easier. Countries like China, Japan, and Germany are able to manufacture these products at a cheaper price and we are able to have the most up to date technology at a nominal fee. The benefit is that the rest of the world has jobs because they’re able to produce things while here in the US we have jobs by providing things to people. Of course there are some things that can’t be made overseas either for security reasons or because of the level of technology of the producing country. If you look at it this way, it’s a healthy redistribution of wealth because everyone benefits without taking from one to give to another forcefully. This is only successful though if our dollar remains strong and the benchmark currency for the world.

The problem with the thinking in the Fed and the Obama Administration is that they think that in order to have a growing economy you must have a trade surplus, that’s actually the opposite from what I’ve researched. I’m beginning to see that they are applying their redistributionist philosophy to the rest of the world just like they’re doing to the so called “rich” here in the US. By devaluing the dollar they are actually leading to the collapse of the dollar which in turn hurts the rest of the world. The only other reason they could be trying to even the playing field is if you listen to these “conspiracy” nuts that claim one world government is being planned in back room deals. The only thing is they are starting to sound more and more sane the more research is done.

In conclusion, the Obama Administration has got it backwards again. By having a strong dollar and paying off our debt, we make products overseas cheaper to purchase. When products are cheaper, then not only do we grow, the rest of the world grows as well. By watering down our money so far, Obama is actually leading to the collapse of this nation and its currency due to failed policies. Get ready for QE3 and QE4 because if QE2 doesn’t completely destroy our dollar the others will do so for sure. Are you ready for a world where you dollar is the weak currency and something that used to cost a dollar is now $15?

**Bloggers note: This research is based upon my research from previous articles which is why I did not put any sources at the bottom this time. If you would like my sources I would recommend that you read “Game over America” and “Federal Reserve Bankrupting America”.