Enemies Inside The Gates
Tues. 04 2012
Economy In Shambles
Of late I haven’t read all of Jim Willie’s posts. There has just been too much to do of late. Harvesting and drying vegetables from the garden and preparing in other ways for what is coming. I encourage you to read this one. Jim has a knack of combining financial news with other news and is usually right on target. For instance in this article he warns of QE-3 at the next Federal Reverse meeting in Jackson Hole, Wyoming. Willie’s article is a few days old but here is the announcement.
Not only endless bonds being bought by the Federal Reserve, which used to be the buyer of last resort and illegal for bonds lasting years. The sad fact is there aren’t any legitimate buyers for all the bonds to support the continued war efforts, in more countries than I care to count.
Another interesting article came out on August 27, (Note: Reuters is owned by Rothschild who also has a large share in the Federal Reserve) Chicago Federal Reserve Bank President Charles Evans says to buy bonds until the unemployment rate is not in decline. Note the article says sometime in 2015 the unemployment rate will drop to 7% if the Fed starts buying bonds.
All precious metals have responded with a run-up in value. Gold is now trading just below $1,700, that is a $50 hike in the past week; Silver at $32 and change. But it is not just the economy that is in trouble, our entire political process is as well.
It is not just the computers stacking the deck in elections. If you still believe in the system, I’ll bet you won’t after watching the videos in this article. How blatant can it get, when the teleprompter knows in advance the ‘voice vote’, to change the rules in the Republican Convention, is a ‘yea’. It seemed pretty close to me and the second video explains why the rules are changing. It’s keeps out other contenders such as Ron Paul, limiting voting rights of delegates.