Economist: Financial Collapse Will Cause Civil Unrest to Erupt in America by 2016

Rampant corruption combined with economic woes to spark ‘revolution’.
Economist Martin Armstrong is predicting that rising resentment against the status quo as a result of economic inequality is likely to cause a serious political uprising before 2016.
‘It looks more and more like a serious political uprising will erupt by 2016 once the economy turns down. That is the magic ingredient. Turn the economy down and you get civil unrest and revolution,’ writes Armstrong.
In making the forecast, the economist cites the case of 90-year-old World War 2 veteran Arnold Abbott, who is being targeted by authorities in Fort Lauderdale for defying a newly passed city ordinance that criminalizes feeding the homeless, an example says Armstrong of how ‘laws in the USA have simply gone nuts.’
Armstrong, who correctly predicted the 1987 Black Monday crash as well as the 1998 Russian financial collapse, asserts that the downfall of the system will be its inability to gauge the anger that Americans currently feel towards their government.

This post was published at The Daily Sheeple on November 7th, 2014.

France Stinks… Literally

Having promised that he would not run again if unemployment rates remain high, French President Francois Hollande faces not just record low approval ratings but feces-flinging-farmers. In a show of protest against expressing their anger at collapsing prices (due in part to sanctions against Russia), increased environmental regulations, cheap imports, and high costs, thousands took to the streets, dumping pumpkins, potatoes, and carrots, burning cars, flinging apples, and spraying shit all over a government building in Toulouse. The French are not amused…
Dumping veggies..

This post was published at Zero Hedge on 11/07/2014.

Triumph of the Zombies

All You Need is A Beating Heart … This morning, before we left for New York, there were at least 20 big trucks parked around the square in front of our building in Baltimore. Crews dressed in black unloaded boxes, wires, booms and derricks… filling up the sidewalks with equipment of all sorts.
‘What’s going on?’ we asked at the office.
‘They’re filming that TV show House of Cards. It’s supposed to take place in Washington. But this looks like Washington. And it’s much cheaper and easier to film here.’
The characters on the show – politicians, journalists and Washington fixers and Capitol Hill apparatchiks – are unscrupulous, opportunistic, merciless, murderous and nasty. We had to stop watching; it was too much like real life. Except that most of the people who play these parts in real life are not nearly as clever, bold or attractive.
When we were 10 years old our teacher told us that any one of us could grow up to become president. We looked around the room and wondered. But now, seeing who gets elected, we believe she was right.
No impediment – moral or intellectual – is such a handicap that it prevents getting elected. No character failing, no matter how grave, stands in the way of the Capitol or the State House. No lack of charm, intelligence or humor prevents a successful career in politics.
It was remarked of Hubert Humphrey that the only thing standing between him and the presidency was a heartbeat. But a beating heart is the only real requirement, too.
Of course, that’s also the only requirement for voting …

Fog thy mirror … good, you can vote and you’ll get a NINJA loan too …
(Photo via antikleidi.com)

This post was published at Acting-Man on November 7, 2014.

The Economics Behind the Fall of the Berlin Wall

Sunday marks the twenty-fifth anniversary of the fall of the Berlin Wall. Like most historical events that are commemorated as if they took place on a single day, the fall of the Berlin Wall on November 9, 1989, was just one of many interrelated events that led to the end of the system of Soviet client states in Eastern Europe, and to the end of the Soviet Union itself, in December of 1991.
With the fall of the wall, East Germans, who had lived under severe restrictions on travel and emigration, were able to freely travel to West Berlin, which continued a chain of events already begun earlier that year in which many anti-Soviet dissidents throughout Eastern Europe became emboldened and met with unprecedented success. Meanwhile, East Germans flooded into neighboring countries by the thousands, seeking refuge from Soviet-sponsored oppression in Austria and West Germany.
Why It Was Different in 1989
Throughout the mid-twentieth century, Eastern Europe was home to numerous anti-Soviet revolts and acts of civil disobedience. In Hungary in 1956, Prague in 1968, and especially in Poland throughout the 1970s and 1980s, resistance flared up, but was reliably crushed with Soviet-sponsored martial law and outright military intervention.

This post was published at Ludwig von Mises Institute on Friday, November 07, 2014.

Ukraine’s rebel ‘people’s republics’ begin work of building new states

New metallic letters have already been hung above the entrance of what was once the Ukraine tax service headquarters in Donetsk, spelling out: “Taxes and Revenues Ministry of the Donetsk People’s Republic.” A sign on one of the large wooden doors reminds visitors to “turn in weapons upon entry”.
Inside, Svetlana Mikhailishina, a former private tax consultant who now directs the registration department, has already put more than 2,000 entrepreneurs and 1,000 companies on the tax rolls of the self-declared pro-Russian republic, in the month since she started. Nine out of 10 applicants already write “Donetsk People’s Republic” rather than “Ukraine” when they fill in their addresses, she said.
Mikhailishina denied that the business climate was suffering under the fledgling rebel administrations, cut off from government-held Ukraine by a snaking front line. In fact, it was flourishing, she said. “All the businesses that stayed here support us,” she said. “Those that were afraid all left.”
But the coming winter and rising tensions pose huge problems for Donetsk and neighbouring Luhansk, which rely on humanitarian aid and diplomatic and military support from Russia.

This post was published at The Guardian

Conditions for Mistral Delivery to Russia Not Met: French PM

The conditions for delivery of French-built Mistral-class helicopter carriers to Russia have not been met, AFP reported Thursday citing French Prime Minister Manuel Valls.
"You know the French stand [on Mistral issue]. Today the conditions have not been met for their [warships] delivery to Russia," Valls said at a news conference in Belgrade.
On October 30, media reported that French Finance Minister Michel Sapin also said the conditions have not been met for the handover of the Mistral to Russia.
Later that day, an official from the Russian Federal Service for Military-Technical Cooperation said Moscow had not received any information from Paris in regard to why the helicopter carrier contract could not be fulfilled.

This post was published at RAI Novosti

Central Bankers Are Pushing Ukraine Into War Again – Episode 511

The following video was published by X22Report on Nov 6, 2014
Initial jobless at 40 year lows with most of the people still looking for work. Layoffs are up by 68%. More store closing, Target closing 11 stores. Automobile sales pumped up to the biggest bubble ever. Obama will not repeal Obamacare. Obama ready to push the executive order to allow illegals to receive amnesty. Riots in Brussels, no more austerity. The war in Ukraine is on again. Ukraine rolls in with tanks and shells the South East people. The Black Energy malware worse than thought, it could take down the entire system.
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NOTES ON LEAVING THE COUNTRY

What I feared in 2007 when I began to awake to the political and social turmoil going on in the United States of America is now coming true, and in a more frightening way than I could have imagined. I remember telling a neighbor, ‘I think things are going to get really bad’ but that was before the 2008 crash, the SAR’s, the bird flu, the ISIS, the Ebola…well pretty much any of those dreamt up crises that are needlessly infecting this country in fear. I knew a little about the 9/11 farce but was unaware of just how deeply ingrained the coup of the country was. I had a fear then. I have a concern now.
The real fear that should be gripping everyone is the blatant lack of respect for the sovereignty of individual human beings. The facet of control that brings everyone to their knees! Even that should be a ‘healthy’ fear of calling one to action. Unhealthy fears just cause reactional fight or flight.
Speaking of fight or flight responses, I have been considering my thoughts lately. These thoughts have been increasingly on leaving this country. Is that a fight or flight response as a result of an unhealthy fear? I don’t believe so and I will do my best to explain why.
Thankfully, I have had a few people with which I feel confident to confide in and seek counsel and while many of them do not seek to leave this country, they can understand the reasons for it. And the more I visit with various people the more I find out, many of them have considered it also. However, for whatever reason, they’ve chosen not to. I can respect that! They have taken a deliberate action to live their life as they choose and see fit.

This post was published at Dollar Vigilante on November 6th, 2014.

And The Unhappiest City In America Is…

It appears money can’t buy happiness after all…

While happiness is relatively subjective (ask President Obama this week), the map below – using data from a recent working paper on happy (and unhappy) cities which mines responses from the Behavioral Risk Factor Surveillance System, a national survey run by the CDC that has fueled most of what we know about the economics of happiness – quantifies just how ebulient or dysphoric each city is in America.
Unhappiness looks like it’s concentrated in some wealthier, urban areas (New York ranks 318th out of 318), and also throughout the Rust Belt (Detroit, Akron and Pittsburgh).
Meanwhile, happier cities are newer Sun Belt cities, but their allure isn’t just about the weather. One of the first patterns that may have jumped out at you on the above map is the role of climate: Sun-drenched cities seem happier; snow-covered places less so.

This post was published at Zero Hedge on 11/06/2014.

Republicans Win Big, War with Russia, More on Ebola and JPMorgan Trouble

The following video was published by Greg Hunter on Nov 6, 2014
The mainstream media said the mid-term election would be close, and it turned into a blowout. Now, all the blocking that outgoing Senate Majority Leader Harry Reid was doing for President Obama is going to be unblocked, and expect many pieces of legislation to land on the President’s desk. Yes, the President can veto legislation, but then he will be known as the President of ‘no.’
It’s been revealed President Obama secretly wrote a letter to the Supreme Leader of Iran asking for his help in fighting the Islamic State. I thought Iran was on the State Department terror list. I thought the U. S. and other nations were trying to get Iran to curtail its nuclear program. I thought we were asking Sunnis to overthrow Assad in Syria that Iran (Shia Muslim) is helping to stay in power. Confused? So am I.
Financial war is raging between the West and Russia. The ruble is way down in value. The Russians are going to make the use of dollars illegal and force people to close dollar denominated accounts. There are sanctions from Europe and the U. S. on Russia and vice versa. Now, we hear of a cyber-threat from Homeland Security called ‘Black Energy’ that can shut things like nuclear power plants down.
There is another investigation into JP Morgan, this time, over its foreign exchange business. I am not optimistic of getting any convictions. The government hasn’t convicted a single high profile banker for massive and obvious crime. That said, there is a new star witness against JP Morgan, and Matt Tiabbi of Rolling Stone lays out the case in a story titled ‘The $9 Billion Witness: Meet JPMorgan Chase’s Worst Nightmare.

Futures, Yen Fade Overnight Carry Ramp, Unchanged Ahead Of Payrolls

For the second night in a row, overnight futures touched record highs and then promptly receded driven, as is now the norm, entirely by the Yen carry trade, with USDJPY almost breaking through what has emerged as resistance just around 115.50, before retracing overnight gains, following repeat comments from Japanese government officials that sharp moves in the Yen in either direction are undesirable. Unfortunately for Japan, at this point it is too late to talk up the Yen, and the speed and volatility of the downward move is likely to only accelerate from here, the only question is when.
Speaking of sharp downward FX moves, the pain for the petroleum exporters was front and center once more as both the Russian and Nigerian currency crashed in early trade, but subsequently rebounded following confirmed intervention by the Nigerian central bank, as well as positive sentiment in Russia as a result of possible Russian central bank intervention when a report was floated the central bank would meet, as well as comments by the FinMin Siluanov who launched forward guidance and expected the Ruble to strengthen soon, and upcoming talks between US and Russian officials, which may lead to an easing in the recent re-escalation of Ukraine tensions, which deteriorated again earlier today following the usual unvalidated Ukraine report that some 32 Russian tanks had entered Ukraine.
Completing the overnight macro picture, was the German September Industrial Production report, which missed again, rising 1.4%, below the 2.0% expected. As a reminder it was the -4.0% August plunge in German industrial production that was one of the catalysts of the October swoon. This is what Goldman said: “Industrial production rebounded in September, but less than market expectations. That said, the sharp decline in August was revised somewhat smaller, leaving the level of IP in September slightly higher than expected. On a quarterly basis, industrial production declined -0.3%qoq in Q3.”

This post was published at Zero Hedge on 11/07/2014.

The Ukraine Who Cried Wolf: Kiev Reports 32 Russian Tanks Cross Border, Market Completely IgnoresThe Ukraine Who Cried Wolf: Kiev Reports 32 Russian Tanks Cross Border, Market Completely Ignores

Forget Baghdad Bob. Meet Luhansk Lysenko, the spokesman of the Ukraine military, and the guy who every single day floods whatever wires still care with the daily report of fighting, military invasions, and Russian troops entering the country, aka the proverbial boy who cried wolf.

There was a time when the merest hint of Russia military activity at the Ukraine border would do the unthinkable: challenged central planners and send stocks lower. Who can forget the market drubbing when the Russian humanitarian convoy was going to enter east Ukraine and allegedly carry a DIY army?
Well, those days are long gone. Because with Ukraine repeating day after day after day, how many Russian soliders have entered the country, how many artilery shells have landed, and how Putin is just salivating to invade the economically devastated country, everyone completely tuned out.

This post was published at Zero Hedge on 11/07/2014.

Putin Signs Secret Pact to Crush NATO

Back on September 11 and 12, there was a summit meeting in a city that involved an organization that most Americans have never heard of. Mainstream media coverage was all but nonexistent.
The place was Dushanbe, the capital of Tajikistan, a country few Westerners could correctly place on a map.
But you can bet your last ruble that Vladimir Putin knows exactly where Tajikistan is. Because the group that met there is the Russian president’s baby. It’s the Shanghai Cooperation Organization (SCO), consisting of six member states: Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan.
The SCO was founded in 2001, ostensibly to collectively oppose extremism and enhance border security. But its real reason for being is larger. Putin sees it in a broad context, as a counterweight to NATO (a position that the SCO doesn’t deny, by the way). Its official stance may be to pledge nonalignment, nonconfrontation, and noninterference in other countries’ affairs, but – pointedly – the members do conduct joint military exercises.
Why should we care about this meeting in the middle of nowhere? Well, obviously, anything that Russia and China propose to do together warrants our attention. But there’s a whole lot more to the story.
Since the SCO’s inception, Russia has been treading somewhat softly, not wanting the group to become a possible stalking horse for Chinese expansion into what it considers its own strategic backyard, Central Asia. But at the same time, Putin has been making new friends around the world as fast as he can. If he is to challenge US global hegemony – a proposition that I examine in detail in my new book, The Colder War – he will need as many alliances as he can forge.
Many observers had been predicting that the Dushanbe meeting would be historic. The expectation was that the organization would open up to new members. However, expansion was tabled in order to concentrate on the situation in Ukraine. Members predictably backed the Russian position and voiced support for continuing talks in the country. They hailed the Minsk cease-fire agreement and lauded the Russian president’s achievement of a peace initiative.

This post was published at The Burning Platform on 6th November 2014.

Putin Defies the West, Leads Brics Alliance Away From NWO Reservation

No world leader has been so demonized by the West over the past decade as President Vladimir Putin of Russia has.
No other president or prime minister has been subjected to so many outrageous personal attacks and unrelenting false accusations.
Clearly, Vladimir Putin represents a genuine threat to the World Shadow Government (WSG) in a way that profoundly unnerves those who reside at the peak of the global power pyramid.
Why are they so afraid of him?
Before that question can be answered, the hidden history of the preplanned collapse of the USSR must first be understood and properly considered. Only by understanding the true historical context in which Vladimir Putin operated at that time will his actions and pronouncements of today take on great meaning. This unknown history is also quite important if one is to comprehend the reactions of his countless detractors throughout the leadership of the Anglo-American Axis (AAA). As follows:
ULTRA-SECRET DEAL MADE PRIOR TO THE ENGINEERED COLLAPSE OF THE USSR FOLLOWING THE FALL OF THE BERLIN WALL
One of the best kept secrets which predicated the inevitable collapse of Soviet communism and the subsequent breakup of the USSR is that it actually occurred in a manner not too unlike a carefully controlled demolition. Only in this case they were bankers and politicians, investment brokers and power-brokers who actually pressed the buttons. All of the plans toward that end were fastidiously laid by these stakeholders, all of whom had the greatest interest in exploiting the vast wealth of the Russian motherland.
The fall of the Berlin Wall and collapse of the USSR was not the spontaneous series of major events that the Mainstream Media (MSM) would have us believe. Neither was it the result of President Ronald Reagan’s request: ‘Mr. Gorbachev, Tear Down This Wall’; although his Hollywood background made for some great (and convincing) political theatre. ‘Perestroika’ and ‘glasnost’ were simply buzzwords bandied about to present the appearance of a fundamentally changed USSR. Yes, Russia did become liberalized especially in contrast to Soviet Communism, but only so it could be neo-liberalized by the banksters.

This post was published at The Daily Sheeple on November 6th, 2014.

The Defense Department Is Censoring Steve Quayle, Doug Hagmann & Dave Hodges

There is a plot designed to hide the truth from the general public and preserve the veil of secrecy and censorship which permeates the mainstream media and I think you have a right to know about this.
Alternative Media Under Attack
There is an ongoing conspiracy between the money interests behind the mainstream media, the Department of Defense (DoD) and several intelligence agencies which are working together to falsely and artificially inflate the numbers of the mainstream media (i.e. Hannity) and whose purpose it is to obfuscate the true Internet ratings of the alternative media and even block traffic to alternative media sites (e.g. Steve Quayle, Doug Hagmann, Dave Hodges, et al).
Google, Yahoo, Bing, the Internet rating site of Alexa and a plethora of other website controlling ‘traffic cops’ are conspiring to lessen the influence of the alternative media. The six corporations that control 98% of the media determine, in large part, what you see, hear and think. They are not about to let an upstart media group change their stranglehold over their control over of the public and their perceptions.
Statistical Irregularities
For about year, my news director, Annie DeRiso, and I have noticed several statistical anomalies coming from our Google inspired traffic and the corresponding Alexa ratings. For example, during the late September to late October 2014 period where Ebola was dominating both the dinosaur mainstream and alternative, truthful media, The Common Sense Show was averaging about 12,000-16,000 hits on the website per day, just from Google alone. As soon as the mainstream media stopped covering Ebola as its top story, the Google hits to The Common Sense Show dipped below 2,000 hits and the change matched and was just as instantaneous as the mainstream media. On a typical ‘bad day’ Google still averages 6,000-9,000 hits on the website per day. And let’s not forget that Alexa showed nearly alternative media website dropping by the same percentage in September of 2014. How many coincidences does it take to make a conspiracy?
By the way, these statistical anomalies only transpire during periods high drama and controversial news events where the corporate controlled media seeks to exert its maximum influence. These statistical anomalies have occurred at the height of the illegal immigration invasion of the United States this past summer. As soon as the switch was flipped and the MSM stopped covering the Ebola story, the Google hits on The Common Sense Show took a corresponding dive. The same ‘anomalies’ have occurred during the Syrian (2013) crisis and the Ukrainian crisis.
Steve Quayle Receives Corresponding & Confirming Information
Steve Quayle was recently sent a memo from a high ranking military officer which addresses this topic. According to Quayle, the source is completely reliable and he verbalized the fact that Steve Quayle, Dave Hodges (The Common Sense Show) and Doug and Joe Hagmann (The Hagmann and Hagmann Report radio show) are being blocked by the DoD. Further, a certain percentage of direct and Google based web traffic to these websites are being blocked from being able to access these sites according to other sources as well.

This post was published at The Common Sense Show on Nov 6, 2014.

Sanctions: Diplomatic Weapons Of Mass Criminality

Mid-term elections are over, and the anticipated trouncing of Democrats in Congress took place without a hitch, even if the media selfishly played the uncertainty card. The sad reality: the United States is a nation divided alongside economic lines of haves and have-nots, and not ideology… with the leadership of both parties finding common ground in a solitary, non-domestic issue: the maintenance and perpetuation of the empire. And, that’s the only political preserver this drowning, unpopular president, Barack Obama, can hang on to for what is sure to be a political legacy which cultivated mediocrity, totally lacking backbone and leadership. Even if Obama is personally anti-war, he is likely to yield to warmongering voices which now will have an even greater echo in Congress: the voices of John McCain, Lindsey Graham and other bellicosarians in the Senate who don’t seem to mind, and actually insist, in bringing America to the portals of a nuclear war.
Barack Obama is running the risk of mistakenly looking in a mirror and seeing FDR’s image as he deals in global affairs; and, as ego-feeding as that may appear to this unpopular president, that could prove to be a catastrophic misread not just for him, but for the rest of us living in the United States, as well as others around the world who have politically cast their lot with the United States. Obama finds himself looking at Russia in much the same way as FDR did looking at Japan in 1941. However, the stakes being waged today are different, and far more extreme, from those of seven-plus decades ago; and the consequences, far more ominous.
In July 1941 the US imposed an oil embargo on Japan, demanding that it get out of China, de facto curbing any hegemonic aspirations or influence that nation might have or hope to have in Asia. The economic reality forced by the American sanctions on Japan left the Land of the Rising Sun with just two options in the summer-fall of 1941: surrender its aspirations (which compensated for the Japanese homeland very limited natural resources) and capitulate to the wishes of the United States; or, resort to war… which became its only plausible answer, one which resulted in the attack on Pearl Harbor on December 7, that year.

This post was published at Zero Hedge on 11/06/2014.

Will Anything Really Change After The Midterm Elections?

The more things change, the more things stay the same. As I write this, it looks like the Republicans are going to take control of the U. S. Senate. But will that actually alter the direction of the country? Will that actually change anything? There are many that hope that this could represent a ‘turning point’ for America, but history tells us that almost certainly will not be the case. Over the past 30 years, things have changed very little no matter which party has controlled the White House and no matter which party has controlled Congress. During that time frame, the national debt has continued to explode, our long-term economic problems have continued to get even worse, our liberties and freedoms have continued to erode and our nation has increasingly become a moral cesspool. And the truth is that at this point there is very little real difference between most Democrats and most Republicans. The corruption in Washington D. C. runs extremely deep, and very few politicians are able to enter that environment without being fundamentally affected by it.
In recent times, midterm elections have become primarily about punishing whoever is in the White House. In this case, there is definitely much to be dissatisfied about as far as Barack Obama is concerned. In fact, many consider him to be the worst president in U. S. history, and that is saying a lot.
When Obama first entered the White House, his approval numbers were incredibly high. But over time they have fallen substantially.
According to a CNN poll taken in late October, 53 percent of Americans disapprove of the way that Barack Obama is performing his job, and close to 70 percent of Americans are upset about the direction the country is headed.
And without a doubt, the sour mood of the country was clearly reflected in the election results as they rolled in on Tuesday night.
But despite the millions upon millions of votes that were cast by concerned Americans on Tuesday, very little is likely to change in the way that this nation is governed.
One reason for this is because Barack Obama has the power to block pretty much whatever the Republican Congress does. If a piece of legislation is passed that he does not like, he can simply veto it. Unfortunately for the Republicans, they do not have the numbers to override a veto.

This post was published at End Of The American Dream on November 4th, 2014.

U.S. Military Superiority is Rapidly Falling Behind

If there’s one thing that America is good at, it’s going to war. After decades of falling incomes, overcrowded prisons, and outsourced jobs, somehow we’ve managed to maintain our military capabilities above all else. Perhaps movies, elections, and pop music are a close second, but they’re nothing to write home about. We make war and war machines, and that’s about the limit of our superiority these days.
However, that last bastion of superiority is beginning to fall apart, and it has the military-industrial-complex worried about our future (i.e. their jobs). According to Frank Kendall, an undersecretary for the Defense Department, we’re rapidly approaching a future where nations like China could reach a technological parity with the United States.
WASHINGTON, Nov. 5, 2014 – The technological dominance enjoyed by the U. S. military force that fought the first Gulf War a quarter century ago is threatened today, the undersecretary of defense for acquisitions, technology and logistics said today.
Speaking at a Navy League special topics breakfast in Arlington, Virginia, Frank Kendall said he reviews defense intelligence data – particularly technical intelligence – every morning.
‘I look at weapons systems that others are developing and try to make some determination as to what impact they’re going to have on our abilities on the battlefields of the future – or the present, in some cases,’ the undersecretary said.
When he came back to work at the Pentagon four and a half years ago, Kendall said, it wasn’t long before he realized the United States had a problem.
‘The problem was the modernization rate of other powers, in particular of China,’ the undersecretary said. ‘China has been investing for a long time in a number of systems which are essentially focused on keeping the United States out of the part of the world that’s closest to China.’

This post was published at The Daily Sheeple on November 6th, 2014.