April 2011 |







29
Apr 11

Watch How the Police Raid a Cellphone

(Sam Biddle)  Everyone knows the cops have tools to get inside your phone. But what do they do? They suck your iPhone’s entire soul in 15 minutes. With one single click. This is what it looks like.

Lantern 2 is an incredibly powerful piece of software. Plug your iPhone in. Click “Acquire.” Wait for a progress bar to complete. After about fifteen minutes, I had the entire contents of my phone in an extremely user-friendly interface—even with a lock screen activated. Anything you would want to know—or didn’t even know you’d want to know—about my phone is easy to tap. An entire minute by minute chronology of my text exchanges. Every picture I’d ever taken. My bookmarks. My cookies. Every Skype call I’ve ever placed. My entire Facebook friend list. Every cell tower my phone has touched, with longitude and latitude coordinates. All there. Lantern 2 is awesome—and must be a stellar thing to have in any cop’s arsenal (and for those wondering, no, you can’t download it—Lantern’s only available to government agencies researchers, and security firms). We just hope it (and our phones) never get into the hands of anyone on the other side of the law.

Watch the video here http://cdn.static.viddler.com/flash/as3/simple-publisher.swf?key=5b3945e4&ref=

Source-        http://gizmodo.com/#!5796373/watch-how-the-police-raid-your-cellphone


29
Apr 11

How Goldman Sachs Created The Food Crisis

(Fredrick Kaufman)  Demand and supply certainly matter. But there’s another reason why food across the world has become so expensive: Wall Street greed.

It took the brilliant minds of Goldman Sachs to realize the simple truth that nothing is more valuable than our daily bread. And where there’s value, there’s money to be made. In 1991, Goldman bankers, led by their prescient president Gary Cohn, came up with a new kind of investment product, a derivative that tracked 24 raw materials, from precious metals and energy to coffee, cocoa, cattle, corn, hogs, soy, and wheat. They weighted the investment value of each element, blended and commingled the parts into sums, then reduced what had been a complicated collection of real things into a mathematical formula that could be expressed as a single manifestation, to be known henceforth as the Goldman Sachs Commodity Index (GSCI).

For just under a decade, the GSCI remained a relatively static investment vehicle, as bankers remained more interested in risk and collateralized debt than in anything that could be literally sowed or reaped. Then, in 1999, the Commodities Futures Trading Commission deregulated futures markets. All of a sudden, bankers could take as large a position in grains as they liked, an opportunity that had, since the Great Depression, only been available to those who actually had something to do with the production of our food.

Change was coming to the great grain exchanges of Chicago, Minneapolis, and Kansas City – which for 150 years had helped to moderate the peaks and valleys of global food prices. Farming may seem bucolic, but it is an inherently volatile industry, subject to the vicissitudes of weather, disease, and disaster. The grain futures trading system pioneered after the American Civil War by the founders of Archer Daniels Midland, General Mills, and Pillsbury helped to establish America as a financial juggernaut to rival and eventually surpass Europe. The grain markets also insulated American farmers and millers from the inherent risks of their profession. The basic idea was the “forward contract,” an agreement between sellers and buyers of wheat for a reasonable bushel price — even before that bushel had been grown. Not only did a grain “future” help to keep the price of a loaf of bread at the bakery – or later, the supermarket — stable, but the market allowed farmers to hedge against lean times, and to invest in their farms and businesses. The result: Over the course of the 20th century, the real price of wheat decreased (despite a hiccup or two, particularly during the 1970s inflationary spiral), spurring the development of American agribusiness. After World War II, the United States was routinely producing a grain surplus, which became an essential element of its Cold War political, economic, and humanitarian strategies — not to mention the fact that American grain fed millions of hungry people across the world.

Futures markets traditionally included two kinds of players. On one side were the farmers, the millers, and the warehousemen, market players who have a real, physical stake in wheat. This group not only includes corn growers in Iowa or wheat farmers in Nebraska, but major multinational corporations like Pizza Hut, Kraft, Nestlé, Sara Lee, Tyson Foods, and McDonald’s – whose New York Stock Exchange shares rise and fall on their ability to bring food to peoples’ car windows, doorsteps, and supermarket shelves at competitive prices. These market participants are called “bona fide” hedgers, because they actually need to buy and sell cereals.

On the other side is the speculator. The speculator neither produces nor consumes corn or soy or wheat, and wouldn’t have a place to put the 20 tons of cereal he might buy at any given moment if ever it were delivered. Speculators make money through traditional market behavior, the arbitrage of buying low and selling high. And the physical stakeholders in grain futures have as a general rule welcomed traditional speculators to their market, for their endless stream of buy and sell orders gives the market its liquidity and provides bona fide hedgers a way to manage risk by allowing them to sell and buy just as they pleased.

But Goldman’s index perverted the symmetry of this system. The structure of the GSCI paid no heed to the centuries-old buy-sell/sell-buy patterns. This newfangled derivative product was “long only,” which meant the product was constructed to buy commodities, and only buy. At the bottom of this “long-only” strategy lay an intent to transform an investment in commodities (previously the purview of specialists) into something that looked a great deal like an investment in a stock – the kind of asset class wherein anyone could park their money and let it accrue for decades (along the lines of General Electric or Apple). Once the commodity market had been made to look more like the stock market, bankers could expect new influxes of ready cash. But the long-only strategy possessed a flaw, at least for those of us who eat. The GSCI did not include a mechanism to sell or “short” a commodity.

This imbalance undermined the innate structure of the commodities markets, requiring bankers to buy and keep buying – no matter what the price. Every time the due date of a long-only commodity index futures contract neared, bankers were required to “roll” their multi-billion dollar backlog of buy orders over into the next futures contract, two or three months down the line. And since the deflationary impact of shorting a position simply wasn’t part of the GSCI, professional grain traders could make a killing by anticipating the market fluctuations these “rolls” would inevitably cause. “I make a living off the dumb money,” commodity trader Emil van Essen told Businessweek last year. Commodity traders employed by the banks that had created the commodity index funds in the first place rode the tides of profit.

Bankers recognized a good system when they saw it, and dozens of speculative non-physical hedgers followed Goldman’s lead and joined the commodities index game, including Barclays, Deutsche Bank, Pimco, JP Morgan Chase, AIG, Bear Stearns, and Lehman Brothers, to name but a few purveyors of commodity index funds. The scene had been set for food inflation that would eventually catch unawares some of the largest milling, processing, and retailing corporations in the United States, and send shockwaves throughout the world.

The money tells the story. Since the bursting of the tech bubble in 2000, there has been a 50-fold increase in dollars invested in commodity index funds. To put the phenomenon in real terms: In 2003, the commodities futures market still totaled a sleepy $13 billion. But when the global financial crisis sent investors running scared in early 2008, and as dollars, pounds, and euros evaded investor confidence, commodities — including food — seemed like the last, best place for hedge, pension, and sovereign wealth funds to park their cash. “You had people who had no clue what commodities were all about suddenly buying commodities,” an analyst from the United States Department of Agriculture told me. In the first 55 days of 2008, speculators poured $55 billion into commodity markets, and by July, $318 billion was roiling the markets. Food inflation has remained steady since.

The money flowed, and the bankers were ready with a sparkling new casino of food derivatives. Spearheaded by oil and gas prices (the dominant commodities of the index funds) the new investment products ignited the markets of all the other indexed commodities, which led to a problem familiar to those versed in the history of tulips, dot-coms, and cheap real estate: a food bubble. Hard red spring wheat, which usually trades in the $4 to $6 dollar range per 60-pound bushel, broke all previous records as the futures contract climbed into the teens and kept on going until it topped $25. And so, from 2005 to 2008, the worldwide price of food rose 80 percent – and has kept rising. “It’s unprecedented how much investment capital we’ve seen in commodity markets,” Kendell Keith, president of the National Grain and Feed Association, told me. “There’s no question there’s been speculation.” In a recently published briefing note, Olivier De Schutter, the U.N. Special Rapporteur on the Right to Food, concluded that in 2008 “a significant portion of the price spike was due to the emergence of a speculative bubble.”

What was happening to the grain markets was not the result of “speculation” in the traditional sense of buying low and selling high. Today, along with the cumulative index, the Standard & Poors GSCI provides 219 distinct index “tickers,” so investors can boot up their Bloomberg system and bet on everything from palladium to soybean oil, biofuels to feeder cattle. But the boom in new speculative opportunities in global grain, edible oil, and livestock markets has created a vicious cycle. The more the price of food commodities increases, the more money pours into the sector, and the higher prices rise. Indeed, from 2003 to 2008, the volume of index fund speculation increased by 1,900 percent. “What we are experiencing is a demand shock coming from a new category of participant in the commodities futures markets,” hedge fund Michael Masters testified before Congress in the midst of the 2008 food crisis.

The result of Wall Street’s venture into grain and feed and livestock has been a shock to the global food production and delivery system. Not only does the world’s food supply have to contend with constricted supply and increased demand for real grain, but investment bankers have engineered an artificial upward pull on the price of grain futures. The result: Imaginary wheat dominates the price of real wheat, as speculators (traditionally one-fifth of the market) now outnumber bona-fide hedgers four-to-one.

Today, bankers and traders sit at the top of the food chain — the carnivores of the system, devouring everyone and everything below. Near the bottom toils the farmer. For him, the rising price of grain should have been a windfall, but speculation has also created spikes in everything the farmer must buy to grow his grain — from seed to fertilizer to diesel fuel. At the very bottom lies the consumer. The average American, who spends roughly 8 to 12 percent of her weekly paycheck on food, did not immediately feel the crunch of rising costs. But for the roughly 2-billion people across the world who spend more than 50 percent of their income on food, the effects have been staggering: 250 million people joined the ranks of the hungry in 2008, bringing the total of the world’s “food insecure” to a peak of 1 billion – a number never seen before.

What’s the solution? The last time I visited the Minneapolis Grain Exchange, I asked a handful of wheat brokers what would happen if the U.S. government simply outlawed long-only trading in food commodities for investment banks. Their reaction: laughter. One phone call to a bona-fide hedger like Cargill or Archer Daniels Midland and one secret swap of assets, and a bank’s stake in the futures market is indistinguishable from that of an international wheat buyer. What if the government outlawed all long-only derivative products, I asked? Once again, laughter. Problem solved with another phone call, this time to a trading office in London or Hong Kong; the new food derivative markets have reached supranational proportions, beyond the reach of sovereign law.

Volatility in the food markets has also trashed what might have been a great opportunity for global cooperation. The higher the cost of corn, soy, rice, and wheat, the more the grain producing-nations of the world should cooperate in order to ensure that panicked (and generally poorer) grain-importing nations do not spark ever more dramatic contagions of food inflation and political upheaval. Instead, nervous countries have responded instead with me-first policies, from export bans to grain hoarding to neo-mercantilist land grabs in Africa. And efforts by concerned activists or international agencies to curb grain speculation have gone nowhere. All the while, the index funds continue to prosper, the bankers pocket the profits, and the world’s poor teeter on the brink of starvation.

Source-http://www.foreignpolicy.com/articles/2011/04/27/how_goldman_sachs_created_the_food_crisis?page=0,1


28
Apr 11

Exxon Apologizes For Making $11 Billion

(AP) — Exxon made almost $11 billion and practically apologized for it.  Sensing public outrage over gasoline prices that have topped $4 in some states, the company struck a defensive posture Thursday after posting some of its best quarterly financial results ever.

Exxon said it had no control over high oil prices. It said it’s one of the biggest taxpayers in the United States. It cast federal subsidies as “legitimate tax provisions” that keep jobs at home, and cast itself as a victim of Washington scapegoating.

“They feel they have to demonize our industry,” said Ken Cohen, Exxon’s vice president for public affairs.

What’s more, the company argued, it doesn’t even make that much money selling gasoline.

Exxon’s profit of $10.65 billion for the first quarter was its highest since it made $14.83 billion in the third quarter of 2008, a record for a publicly traded company. That was also a time of $4-plus gas.

The first-quarter results were also the best among the big oil companies, which have reported improved results this week.

As oil company profits approach levels of three years ago, when gas prices last spiked in the United States, the industry is fighting a renewed push from President Barack Obama and Democrats to end its $4 billion a year in taxpayer subsidies.

This week, the industry’s lobbying group touted the 9.2 million jobs that depend on Big Oil and rolled out a study showing that oil and gas stocks are excellent investments for public pension plans.

Before it even came out with the quarterly results, Exxon pleaded its case on a company blog, saying it was not to blame for high gas prices.

Then Cohen took an unusual step and spoke to reporters after Exxon reported the big profits. He said Exxon pays more taxes than any other company in the Standard & Poor’s 500 index — $59 billion in the United States over the past five years.

After taxes, the company earned $41 billion from U.S. operations during that period.

Drivers and politicians may still need some convincing. Gas costs more than $4 a gallon in eight states and the District of Columbia. The national average is $3.89 and has risen for 37 straight days.

At a time when most people aren’t getting raises, gas has risen 81 cents a gallon this year. High gas prices ate into the nation’s overall economic growth in the first three months of this year. The economy grew at a 1.8 percent annual rate, slower than the 3.1 percent at the end of last year.

Cohen has a point that Exxon doesn’t control the price of oil or gasoline. Oil is traded around the world on public exchanges, and experts point out that the world is consuming more oil now than it did before the recession, raising demand. When oil prices go up at the exchange, Exxon sells oil for more money to refiners and other buyers.

Gasoline is made from oil. So while gas prices can rise and fall based on other factors, like refining problems or natural disasters, they generally go up as oil prices rise on the New York Mercantile Exchange.

Exxon noted that only 6 percent of its profit came from refining and selling gas in the United States. Other parts of its business, like selling oil and natural gas overseas, accounted for much more.

Argus Research analyst Phil Weiss finds that argument reasonable. But oil companies will struggle to win over people as long as they’re making billions of dollars every quarter, he said.

“They get these high profits and people get upset. That’s what politicians respond to,” Weiss said.

House Democratic leader Nancy Pelosi called for a vote on ending taxpayer subsidies to oil companies next week. “There is no reason American taxpayers should subsidize Big Oil’s profits,” Pelosi said.

The tax provisions at issue include some rules put in place as long ago as 1913 and more recent ones designed to encourage companies to invest in the United States.

For instance, a 2004 rule that gives oil and other companies a special deduction for their U.S. operations could save the oil industry $18.2 billion over 10 years. A rule that allows faster depreciation of the value of oil and gas wells could save independent companies — those that only explore and produce oil but don’t refine it — about $11 billon over a decade.

Exxon officials said it would be unfair for Obama to end oil subsidies while keeping similar incentives for renewable energy. The Obama administration and clean energy advocates argue that profitable companies do not need special tax treatment while newer industries deserve breaks until they can establish themselves.

It’s not likely, though, that Exxon would give up its subsidies if the government also removed them for solar, wind and other renewables.

“Getting into trade-offs is not really helpful,” Exxon Vice President Bill Colton said.

Environmental groups say the industry needs no taxpayer help.

“Why does an industry that makes this much money need $4 billion in tax subsidies?” asked Bob Keefe, spokesman for the Natural Resources Defense Council. “Why can’t we use that tax money to improve and expand other alternatives, increase vehicle efficiency, better public transportation that would reduce our dependence on oil?”

Exxon counters that the government shouldn’t decide which energy companies succeed and which fail. Whichever fuel source “produces the biggest bang for the buck for the consumer” will be the one the market settles on, Cohen said.

The main reason the industry is doing well is that oil prices were up 20 percent from the same period last year. Exxon’s profit was 69 percent higher than the $6.3 billion it earned a year earlier. Revenue increased 26 percent, to $114 billion.

The rise in oil prices allowed Exxon to make more money despite producing 3 percent less oil overseas, about 2 million barrels per day, partly because of storms in the Middle East. Exxon sold crude in international markets for about $101 a barrel, up 36 percent from a year ago. In the U.S., Exxon sold oil for about $93 per barrel, up 27 percent from a year ago.

Exxon’s per-share earnings of $2.14 beat Wall Street estimates by 10 cents, but oil industry stocks fell anyway because investors fear that demand for gas, which has fallen over the past month compared with last year, will keep dropping in the United States.

Exxon Mobil Corp. shares lost 94 cents to $86.84 in afternoon trading.

The company has increasingly focused on producing natural gas, which it expects to replace coal as the second most important fuel source after petroleum within the next decade. Last year it acquired XTO Energy to become the largest U.S. natural gas producer.

AP Energy Writer Jonathan Fahey contributed to this story from New York.

Source-http://finance.yahoo.com/news/Exxon-earns-nearly-11-billion-apf-479576777.html?x=0&sec=topStories&pos=9&asset=&ccode=


28
Apr 11

Gas Pump Sticky Note Campaign Makes Its Way to Grocery Stores

(Doug Ross)  The Sticky Note Campaign is making deliveries in Georgia Supermarkets now.  Super-Charged with Conservative ideals REAL Americans all over the country and even an awakened Democrat or two are now participating in this grass roots initiative.  Its not a partisan issue either, no one  can afford these rising prices at the gas pump or the grocery store.

I just realized that I need to order more FREE PRE-PRINTED Sticky notes from the Koch Brothers — gotta go now.





Be sure take pictures of your STICKY NOTES, upload them to your Facebook, TAG all your friends in the pics and then also be sure to share them with the event page.

I like it. It’s a simple way to highlight the effects of the Democrats’ disastrous deficit spendingtheir insane drilling policies, and their hatred of all things free market.

Read more at Doug Ross@Journal


27
Apr 11

21 Statistics That Will Make You Think Twice About Going To College

(Economic Collapse)  Is going to college a worthwhile investment?  Is the education that our young people are receiving at our colleges and universities really worth all of the time, money and effort that is required?  Decades ago, a college education was quite inexpensive and it was almost an automatic ticket to the middle class.  But today all of that has changed.  At this point, college education is a big business.  There are currently more than 18 million students enrolled at the nearly 5,000 colleges and universities currently in operation throughout the United States.  There are quite a few “institutions of higher learning” that now charge $40,000 or even $50,000 a year for tuition.  That does not even count room and board and other living expenses.  Meanwhile, as you will see from the statistics posted below, the quality of education at our colleges and universities has deteriorated badly.  When graduation finally arrives, many of our college students have actually learned very little, they find themselves unable to get good jobs and yet they end up trapped in student loan debt hell for essentially the rest of their lives.

Across America today, “guidance counselors” are pushing millions of high school students to go to the very best colleges that they can get into, but they rarely warn them about how much it is going to cost or about the sad reality that they could end up being burdened by massive debt loads for decades to come.

Yes, college is a ton of fun and it is a really unique experience.  If you can get someone else to pay for it then you should definitely consider going.

There are also many careers which absolutely require a college degree.  Depending on your career goals, you may not have much of a choice of whether to go to college or not.

But that doesn’t mean that you have to go to student loan debt hell.

You don’t have to go to the most expensive school that you can get into.

You don’t have to take out huge student loans.

There is no shame in picking a school based on affordability.

The truth is that pretty much wherever you go to school the quality of the education is going to be rather pathetic.  A highly trained cat could pass most college courses in the United States today.

Personally, I have had the chance to spend quite a number of years on college campuses.  I enjoyed my time and I have some pretty pieces of parchment to put up on the wall.  I have seen with my own eyes what goes on at our institutions of higher learning.  In a previous article, I described what life is like for most “average students” enrolled in our colleges and universities today….

The vast majority of college students in America spend two to four hours a day in the classroom and maybe an hour or two outside the classroom studying. The remainder of the time these “students” are out drinking beer, partying, chasing after sex partners, going to sporting events, playing video games, hanging out with friends, chatting on Facebook or getting into trouble. When they say that college is the most fun that most people will ever have in their lives they mean it. It is basically one huge party.

If you are a parent and you are shelling out tens of thousands of dollars every year to pay for college you need to know the truth.

You are being ripped off.

Sadly, a college education just is not that good of an investment anymore.  Tuition costs have absolutely skyrocketed even as the quality of education has plummeted.

A college education is not worth getting locked into crippling student loan payments for the next 30 years.

Even many university professors are now acknowledging that student loan debt has become a horrific societal problem. Just check out what one professor was quoted as saying in a recent article in The Huffington Post….

“Thirty years ago, college was a wise, modest investment,” says Fabio Rojas, a professor of sociology at Indiana University. He studies the politics of higher education. “Now, it’s a lifetime lock-in, an albatross you can’t escape.”

Anyone that is thinking of going to college needs to do a cost/benefit analysis.

Is it really going to be worth it?

For some people the answer will be “yes” and for some people the answer will be “no”.

But sadly, hardly anyone that goes to college these days gets a “good” education.

To get an idea of just how “dumbed down” we have become as a nation, just check out this Harvard entrance exam from 1869.

I wouldn’t have a prayer of passing that exam.

What about you?

We really do need to rethink our approach to higher education in this country.

Posted below are 21 statistics about college tuition, student loan debt and the quality of college education in the United States….

#1 Since 1978, the cost of college tuition in the United States has gone up by over 900 percent.

#2 In 2010, the average college graduate had accumulated approximately $25,000 in student loan debt by graduation day.

#3 Approximately two-thirds of all college students graduate with student loans.

#4 Americans have accumulated well over $900 billion in student loan debt. That figure is higher than the total amount of credit card debt in the United States.

#5 The typical U.S. college student spends less than 30 hours a week on academics.

#6 According to very extensive research detailed in a new book entitled “Academically Adrift: Limited Learning on College Campuses”, 45 percent of U.S. college students exhibit “no significant gains in learning” after two years in college.

#7 Today, college students spend approximately 50% less time studying than U.S. college students did just a few decades ago.

#8 35% of U.S. college students spend 5 hours or less studying per week.

#9 50% of U.S. college students have never taken a class where they had to write more than 20 pages.

#10 32% of U.S. college students have never taken a class where they had to read more than 40 pages in a week.

#11 U.S. college students spend 24% of their time sleeping, 51% of their time socializing and 7% of their time studying.

#12 Federal statistics reveal that only 36 percent of the full-time students who began college in 2001 received a bachelor’s degree within four years.

#13 Nearly half of all the graduate science students enrolled at colleges and universities in the United States are foreigners.

#14 According to the Economic Policy Institute, the unemployment rate for college graduates younger than 25 years old was 9.3 percent in 2010.

#15 One-third of all college graduates end up taking jobs that don’t even require college degrees.

#16 In the United States today, over 18,000 parking lot attendants have college degrees.

#17 In the United States today, 317,000 waiters and waitresses have college degrees.

#18 In the United States today, approximately 365,000 cashiers have college degrees.

#19 In the United States today, 24.5 percent of all retail salespersons have a college degree.

#20 Once they get out into the “real world”, 70% of college graduates wish that they had spent more time preparing for the “real world” while they were still in school.

#21 Approximately 14 percent of all students that graduate with student loan debt end up defaulting within 3 years of making their first student loan payment.

There are millions of young college graduates running around out there that are wondering where all of the “good jobs” are.  All of their lives they were promised that if they worked really hard and got good grades that the system would reward them.

Sometimes when you do everything right you still can’t get a job. A while backThe Huffington Post featured the story of Kyle Daley – a highly qualified UCLA graduate who had been unemployed for 19 months at the time….

I spent my time at UCLA preparing for the outside world. I had internships in congressional offices, political action committees, non-profits and even as a personal intern to a successful venture capitalist. These weren’t the run-of-the-mill office internships; I worked in marketing, press relations, research and analysis. Additionally, the mayor and city council of my hometown appointed me to serve on two citywide governing bodies, the planning commission and the open government commission. I used to think that given my experience, finding work after graduation would be easy.

At this point, however, looking for a job is my job. I recently counted the number of job applications I have sent out over the past year — it amounts to several hundred. I have tried to find part-time work at local stores or restaurants, only to be turned away. Apparently, having a college degree implies that I might bail out quickly when a better opportunity comes along.

The sad truth is that a college degree is not an automatic ticket to the middle class any longer.

But for millions of young Americans a college degree is an automatic ticket to student loan debt hell.

Student loan debt is one of the most insidious forms of debt.  You can’t get away from student loan debt no matter what you do.  Federal bankruptcy law makes it nearly impossible to discharge student loan debts, and many recent grads end up with loan payments that absolutely devastate them financially at a time when they are struggling to get on their feet and make something of themselves.

So are you still sure that you want to go to college?

Another open secret is that most of our colleges and universities are little more than indoctrination centers.  Most people would be absolutely shocked at how much unfiltered propaganda is being pounded into the heads of our young people.

At most colleges and universities, when it comes to the “big questions” there is a “right answer” and there is virtually no discussion of any other alternatives.

In most fields there is an “orthodoxy” that you had better adhere to if you want to get good grades.

Let’s just say that “independent thought” and “critical thinking” are not really encouraged at most of our institutions of higher learning.

Am I bitter because I didn’t do well?  No, I actually did extremely well in school.  I have seen the system from the inside.  I know how it works.

It is a giant fraud.

If you want to go to college because you want to have a good time or because it will help you get your career started then by all means go for it.

Just realize what you are signing up for.

Source-http://theeconomiccollapseblog.com/archives/student-loan-debt-hell-21-statistics-that-will-make-you-think-twice-about-going-to-college


27
Apr 11

White House Releases Obama’s Long-Form Birth Certificate

(FOX)  The White House has released President Obama’s long-form birth certificate, saying the document is “proof positive” the president was born in Hawaii.

White House Communications Director Dan Pfeiffer said the administration decided to release the full document in response to mounting questions about the president’s birth. He noted that what started as Internet chatter had moved into the national political debate and ended up being discussed regularly on mainstream news outlets.

He said the president believed the matter was becoming a “distraction” from major issues.

Obama plans to discuss the release of the document Wednesday morning at the White House.

The document lists Obama’s birthplace as Honolulu, Hawaii, and his birth date as Aug. 4, 1961. The hospital listed is Kapiolani Maternity & Gynecological Hospital. The name on the birth certificate is Barack Hussein Obama II.

Obama’s presidential campaign, in response to questions raised in 2008, at the time posted a short-form version of the document on the Internet. But conspiracy theories continued to fester. They gained legs in recent weeks as Donald Trump, who is toying with the possibility of running as a presidential candidate in 2012, repeatedly and publicly questioned Obama’s origin.

Pfeiffer, on the White House blog, said the president thought the attention was “bad for the American people” and directed his counsel to request access to the long-form document from the Hawaii State Department of Health. The department granted an exception to release the long-form document “because of the tremendous volume of requests they had been getting,” the White House said.

“At a time of great consequence for this country — when we should be debating how we win the future, reduce our deficit, deal with high gas prices, and bring stability to the Middle East, Washington, DC, was once again distracted by a fake issue,” Pfeiffer said on the blog. “The President’s hope is that with this step, we can move on to debating the bigger issues that matter to the American people and the future of the country.”

Trump, speaking in New Hampshire, took credit Wednesday for the president’s decision to release the document. He said his team would have to examine the birth certificate and questioned why the White House took so long, but indicated he wanted to move beyond the issue.

“Today, I’m very proud of myself, because I’ve accomplished something that nobody else has been able to accomplish,” Trump told reporters. “Why he didn’t do it when everybody else was asking for it, I don’t know. But I am really honored, frankly, to have played such a big role in hopefully, hopefully getting rid of this issue.”

Click here to see the birth certificate. (First page)

Click here to see the birth certificate. (Second page)

Read more: http://www.foxnews.com/politics/2011/04/27/white-house-releases-obamas-long-form-birth-certificate/#ixzz1KjW5Nvjl


27
Apr 11

Silver To Blow Through $50 An Ounce Any Day

(CNN MONEY)  Silver prices have doubled during the past six months, and are now within spitting distance of $50 an ounce, a key level for the precious metal.

Early Monday morning, silver prices surged 8% to $49.82 an ounce. That was just shy of the $50.35-an-ounce intraday record hit in January 1980, but higher than the all-time high closing price of $48.70 per ounce set 31 years ago.

As the trading session went on, prices pulled back from the lofty levels, with silver finishing the day up 2.4% to settle at $47.15 an ounce.

“The metals are getting a lot of attention right now,” said Terry Hanlon, president of Dillon Gage Metals, a precious metals trading firm based in Dallas. “We’ll run right through $50 per ounce for silver any day now, and two months from now, we won’t even remember it as a benchmark.”

Gold prices also continued to shine in record territory, rising 1% to hit a fresh intraday high of $1,519.20 an ounce before settling up 0.4% at a record close of $1,509.10 an ounce.

Both gold and silver, which is often called the poor man’s gold, have taken on the role of currencies as the dollar loses its luster and inflation fears run wild, said Hanlon. He expects gold to top $1,700 an ounce and silver to reach $75 an ounce within a year.

“This is a huge safety play,” he said. “Investors can’t sit on their cash anymore because the value of the dollar keeps deteriorating. To offset that, they’re parking money in precious metals.”
The dollar: 98-pound weakling of currencies

The dollar index, which measure the greenback’s value against a basket of currencies, has fallen more than 6% in 2011.

A number of factors are driving investors away from the dollar and toward safe- haven investments such as gold and silver. Among the reasons are deficit problems in the United States and Europe, and rapidly rising food and commodity prices, especially in emerging markets.

Ongoing political tensions across the Middle East and North Africa also have investors on edge.

“As long as these problems continue to simmer and occasionally surface, we’ll see more safe-haven demand from investors for precious metals,” said Jeffrey Nichols, managing director at American Precious Metals Advisors.

Nichols, who considers himself to be particularly bullish, says gold prices could reach $3,000 an ounce within the next few years, as silver prices double to nearly $100 an ounce.

But those levels won’t come without major hiccups — 10% to 20% short-term pullbacks — along the way.

And, when adjusted for inflation, gold and silver prices still have a long way to go. Gold rose to $825.50 per ounce on Jan. 21, 1980, which is $2,238.74 in today’s dollars, according to the government’s CPI inflation calculator. Meanwhile, silver’s inflation adjusted price peaks at $136.55 per ounce in today’s dollars.

Source-Read more at James West’s Midas Lett


26
Apr 11

Satanic Occult Symbols In Washington D.C.

( David J. Stewart)  The mall in Washington DC is laid out so the gardens and streets form the image of an owl. The owl is representative of the mythical goddess, Lilith. Pleas read, Bohemian Grove Exposed for much more information on the owl.

The street design in Washington, D.C., has been laid out in such a manner that certain Luciferic symbols are depicted by the streets, cul-de-sacs and rotaries. This design was created in 1791, a few years after Freemasonry assumed the leadership of the New World Order, in 1782.

In Europe,  occult leaders were told by their familiar spirits as early as the 1740′s that the new American continent was to be established as the new “Atlantis,” and its destiny was to assume the global leadership of the drive to the New World Order. The United States of America was chosen to lead the world into this kingdom of Antichrist from the very beginning. The capital is Washington, D.C., which is evidenced by the preponderance of occult symbols.

George Washington (a 33° Freemason) selected French Freemason Pierre Charles L’Enfantto design the city’s layout in Washington D.C.

The boundaries of the city, established by George Washington in 1791, form a square 10 miles long on each side, centered on the originally proposed location for the Washington Monument. The east-west diagonal of the square crosses over the Capitol building and the north-south diagonal crosses over the White House.

The length of the north-south and east-west diagonals is 10 miles times the square root of 2, or 14.142 miles. This distance converts to 43,455 ancient Egyptian royal cubits, the same figure as the ratio between the Great Pyramid and the dimensions of the earth.

  • The height of the Great Pyramid is 481.13 feet, divided by 5,280 = .0911231 miles.
  • The mean radius of the earth is 3,960 miles, divided by .0911231 = 43,457.
  • The perimeter of the Great Pyramid is 3,023 feet, divided by 5,280 = .5725 miles.
  • The mean circumference of the earth is 24,880 miles, divided by .5725 = 43,458.
  • 3,960 miles (radius of the earth) / 14.142 miles = 280 (number of cubits in the height of the Great Pyramid)
  • 24,880 miles (circumference of the earth) / 14.142 miles = 1,760 (cubits in the perimeter of the Great Pyramid)

Converting the radius and circumference of the earth to cubits yields the same results.

The first series of symbols I will point out deal with the seat of the executive branch of government, the White House, indicated by the red arrow above.  If you are a Google Earth user, you can see these satellite images for yourself at Google Maps.

As you can see by my outline, the White House sits at the apex of an inverted pentagram.  This symbol is incomplete by only 2 small pieces, indicated by the yellow lines.

The hexagram is nearly complete, except for 1 small piece on the north-west side, outlined in yellow.

If you draw the pentagram and hexagram symbols together, you can see three sides of a cross.  Finishing the symbol on the land sitting in front of the White House reveals a perfectly symmetrical Knights Templar cross.

It has been said the Washington Monument obelisk (bottom arrow) sits due south from the White House.  This is not exactly true, as you can see in the photo above.  In reality, the obelisk is directly south from the Masonic Temple (top arrow) which sits 13 blocks north of the White House.

The pentagon is an infinite occult symbol — it is the center of a pentagram and a pentagram fits perfectly inside a pentagon.

Obelisks are phallic (penis) symbols related to the Egyptian Sun god, Ra. The 4 sides of the Washington Monument are aligned with the cardinal directions (i.e., east, west, north, and south). At the ground level each side of the monument measures 55.5 feet long, which is equal to 666 inches. The height of the obelisk is 555.5 feet, which is equal to 6,666 inches.

The temple is the headquarters of the Supreme Council of Scottish Rites of Freemasonry, modeled after descriptions of the Mausoleum of Halicarnassus, one of the 7 wonders of the ancient world.

As mentioned earlier, the 4 sides of the Washington Monument are aligned with thecardinal directions (i.e., east, west, north, and south).  At the ground level each side of the monument measures 55.5 feet long, which is equal to 666 inches.  The height of the obelisk is 555.5 feet, which is equal to 6,666 inches.  The obelisk is representative of the male sex organ, worship in nearly all pagan cultures.  It is a symbol of man’s carnal power and might.

Satanism and the occult are saturated with sexual perversion, child-molesting, and human sacrifices.  Most worshippers in these groups deny such claims, but some have openly professed it, such as the godless bisexual Aleister Crowley.  Such immoral occult influences are prevalent in rock music, feminism, and even in Walt Disney movies, such as The CHRONICLES of NARNIA.

In this photograph I’ve indicated both the White House (left) and the Capitol building (right).

The square and compass symbol stretches from the White House to the Capitol.

To the east of the Capitol sits a complete hexagram

A bird’s-eye view of the Capitol building reveals a figure resembling an owl.  The owl is a symbol which represents an pagan deity.  Nocturnal birds are symbols of sorcery and metaphysics because black magick cannot function in the light of truth (day) and is powerful only when surrounded by ignorance (night).  The owl is considered wise because the creature is able to see through the darkness of ignorance and materiality; hence its association with the goddess Athena and its veneration during the nocturnal cremation of care ceremony at the Bohemian Grove.

In his book, The Secret Architecture of Our Nation’s Capital, pagan David Ovason states that there are…

“zodiacs in the city, and at least 1,000 zodiacal and planetary symbols…”

SOURCE: The Secret Architecture of Our Nation’s Capital; by David Ovason; pg. 10, Harper Collins; 1999

Washington D.C. is absolutely infested with occult and astrology symbols.

In his book, Ovason documents the location of over 23 Satanic zodiacs in the federal district alone!  Why should God bless America?

Above the dome of the Capitol building stands Lady Libertas, the goddess Isis.

Guarding the entrance to the Capitol building is Nimrod (Baal) in the likeness of the Roman god Mars, whom the Egyptians called Osiris.  As you can see from the image below this entrance is identical to that of the Roman Panthenon of the Gods - as well as the Greek Parthenon.

There are several significant buildings in the District of Columbia with these ancient designs, including The White House.

  

  

The central part of the Supreme Court building is modeled after the Temple of Artemis, one of the 7 wonders of the ancient world.

The George Washington Masonic Memorial, modeled after descriptions of the Pharos of Alexandria - another wonder of the ancient world, sits across the Potomac in Alexandria, Virginia just inside the diagonal square border of D.C.

This statue of Washington in the Smithsonian Museum of American History was modeled after descriptions of the statue of Zeus at Olympia, one of the 7 wonders of the ancient world.  The museum is aligned to the cardinal directions, the statue sits at the western end of the main floor facing east.  Compare this portrayal of Washington to the images of Zeus and Baphomet – do you notice any similarities?

Satan on our Dollar

The eye represents Lucifer, the Prince of Darkness, who transforms himself into an angel of light (2nd Corinthians 11:3.

“Historian/author Ralph Epperson has spent many years researching the history of the Great Seal, and has discovered that those who designed the two circles committed America to what has been called “A Secret Destiny.”  This future “destiny” is so unpleasant that those who wanted the changes it entails had to conceal that truth in symbols.”

SOURCE: The New World Order, back cover, by Ralph A. Epperson; 1990; ISBN: 0-9614135-1-4; publisher: PUBLIUS PRESS, Tucson, Arizona.

The capstone of the pyramid is symbolic of the antichrist, who when he comes will complete the pyramid.  The beast system is now being prepared, aka, the New World Order.  Below, you can get an idea of the power structure of these occult groups.  If you want to do research, look up the various groups on the internet, such as the Mother of Darkness.

The special positions at the top of the pyramid are those who are wholly committed to the Luciferian Ideology, i.e., a Totalitarian Godless Police State!

These things are all very real folks. We read in 2nd Thessalonians 2:10 that the masses of this world WILL BE deceived when the Antichrist comes because they don’t love the truth of God’s Word, “And with all deceivableness of unrighteousness in them that perish; because they received not the love of the truth, that they might be saved.”
The International Conspiracy

It means Satan is the god of this world, just as 2nd Corinthians 4:4 declares.  We see far too many articles on the internet today exposing the occult, but not enough that tie it all in with the Word of God.  Folks, a bunch of facts will never make any sense until you shine the Light of God’s Word upon it.  The Word of God is the missing key.  Satan is the god of this sinful world, and he controls his servants through occult organizations, such as Freemasonry, Skull and Bones, and Bohemian Grove.  The term “Illuminati” refers to the highest and most evil people in the pyramid structure.  Few people realize that Communism is simply a mask for the New World Order.  Please read about The Lucifer Trust.

The hidden secret behind Communism is that Wall Street bankers were instrumental in creating it.  I recently read an excellent book… PAWNS in the GAME, by William Guy Carr (1958).  If you want to learn all the details of the Illuminati and their sinister evil plan to take over the world, then this is the book to read!  PAWNS IN THE GAME exposes how every major war over the past 250 years has been deliberately caused, financed, and profited from by the money-lenders.  As shocking as it may sound, this includes the American Revolution which gave birth to America.  On pages 49-58, William Guy Carr tells how the American Revolution was plotted and planned by the same international group which plotted the English and French revolutions; and how the international financiers obtained control of the American economy.  You’ll never hear the truth in a public school classroom.

People listen to those who continually cry, as they did in Spain, “Communism can never cause a revolution here.”  They listen to those who give them a sense of false security.  The majority of citizens are like children, who hide their heads under the blankets when they fear danger.  It should be remembered that pulling the bedclothes over one’s head never saved a person from an assassin, a rapist, or an exploding bomb. (SOURCE: PAWNS IN THE GAME, page 128, by William Guy Carr, 1958).

I couldn’t have described Americans today any better!  They are only listening to those who give them a sense of FALSE SECURITY!  They are hiding their heads under their blankets.  Please read, It Can’t Happen Here by Congressman Ron Paul.  These quotes from PAWNS IN THE GAME (and I highly recommend the book) should clearly evidence to you that history does repeat itself, or in other terms, people never learn!

The following quote is from page IX in the introduction concerning the International Conspiracy:

Very few people seem to appreciate that Lucifer is the brightest and most intelligent of the heavenly host and, because he is a pure spirit, he is indestructible.  The Scriptures tell us his power is such that he caused one-third of the most intelligent of the heavenly host to defect from God, and join him, because he claimed God’s Plan for the rule of the universe is weak and impractical because it is based on the premise that lesser beings can be taught to know, love, and wish to serve Him voluntarily out of respect for His own infinite perfections.  The Luciferian ideology states might is right.  It claims beings of proven superior intelligence have the right to rule those less gifted because the masses don’t know what is best for them.  The Luciferian ideology is what we call totalitarianism to-day.

The Old Testament is simply the history of how Satan became prince of the world, and caused our first parents to defect from God.  It relates how the synagogue of Satan was established on this earth, it tells how it has worked since to prevent God’s Plan for the rule of the universe being established on this earth.  Christ came to earth when the conspiracy reached the stage that, to use His own Words, Satan controlled all those in high places.  He exposed the synagogue of Satan (Rev. 2:9;3:9); he denounced those who belonged to it as sons of the Devil (Lucifer), whom He castigated as the father of lies (John 8:44) and the prince of deceit (2nd Cor. 11:14).  He was specific in His statement that those who comprised the synagogue of Satan were those who called themselves Jews, but were not, and did lie (Rev. 2:9; 3:9).  He identified the Money-Changers (Bankers), the Scribes, and the Pharisees as the Illuminati of His day.

Page X brings the conspiracy up to date:

In 1774 “An Act of God” placed the Bavarian government in possession of evidence which proved the existence of the continuing Luciferian conspiracy.  Adam Weishaupt, a Jesuit trained professor of canon law, defected from Christianity, and embraced the Luciferian ideology while teaching in Ingoldstadt University.  In 1770 the money lenders (who had recently organized the House of Rothschild), retrained him to revise and modernize the age-old ‘protocols’ designed to give the synagogue of Satan ultimate world domination so they can impose Luciferian ideology upon what remains of the Human Race, after the final social cataclysm, by use of Satanic despotism.  Weishaupt completed his task May 1st, 1776.

The plan required the destruction of ALL existing governments and religions.  This objective was to be reached by dividing the masses, whom he termed Goyim (meaning human cattle) into opposing camps

America has been hijacked by criminals, i.e., the illuminati.  Don’t believe me?  Then maybe you’ll believe Congresswoman Cynthia McKinney, or Congressman Ron Paul.   Halliburton was recently awarded a contract to build concentration camps IN AMERICA!  The truth is that our political leaders are PAWNS in a global game, controlled by murderous and sinister thugs who manipulate this world’s wealth and resources.  Our political leaders are mere puppets to the puppeteers, and we are the gullible sheep.

Here’s a photo of Condoleezza Rice at the United Nations in 2005 with the numbers 666 behind her.  Notice how the logo below was cleverly designed, celebrating the UN’s 60th anniversary, to appear as 666 above.Source 


26
Apr 11

11 Prices That Will Rise Along With Your Gas

(Sarah Gilbert)  “Uggh,” tweeted a friend of mine Monday. “I just spent $74 to fill up my tank.” With my car-free lifestyle, I’ve been feeling a little smug lately — it sure is nice to avoid those kind of receipts. But then I watched a big truck rumble past my front window filled with food pallets destined for Trader Joe’s, and I started thinking about all the other things whoseprices will go up in step with the $4-a-gallon gas.

Transportation costs may not have immediate effects on the prices of other goods, but as they start to build up and the trucking companies’ hedges expire, everything gets more expensive.

Here are 11 prices that are sure to rise along with the price of gas:

Air travel is, of course, thing number one. Expecting an unusual number of trips to conferences this summer, and watching the price of a barrel of oil tick higher and higher, I snapped up tickets as soon as I had the cash on hand rather than waiting until the almost-last-minute (my usual m.o. is to wait for fare sales).

I needn’t have rushed; the last few price increase attempts by airlines haven’t yet been “sticky” – a few airlines will test the water with a $4 or $8 or $10 increase, waiting to see if other airlines on that route match the price before letting it fall back to its former level. But prices have been up between 6% and 17% all year compared to the same time in 2009, and the continued test increases say that airlines will keep pushing the fare envelope.

Fast food. Want burgers and fries? If you’re a regular visitor to one of America’s finest purveyors of cheap fattening food — say, a few times a week — you could end up spending just as much, if not more, at McDonald’s and Wendy’s than you do for gas. Price increases haven’t been announced yet, but it’s safe to say that $0.20 or $0.30 more on your favorite menu items isn’t out of the question. Depending on your orders and frequency, this could add up to a few hundred dollars a year.

Bananas and potatoes and tomatoes, oh my. Rising produce prices have been a problem almost all year, and bad weather in Mexico is still depressing prices. Canadians saw an especially nasty increase in the price of fruits and vegetables in March, 3.3% sequentially; year-over-year, average nationwide prices for fresh produce were up 9.8% in March. You’ll continue to see especially high prices on tropical fruits and those vegetables that are out of season in your neighborhood (think tomatoes and strawberries for most of the U.S.). Reports from local farmers here in Portland, Ore., have me worried that the wet weather is going to mean scary prices for fresh peas and lettuce when they start appearing in the market next month.

Stamps for postcards and packages. You know who uses a lot of gas? The people in the business of delivering letters and packages to your door — the ones you’re ordering online so you don’t have to spend money for gas. Well, there’s no such thing as free transportation (unless you’re a bicyclist or pedestrian, I suppose), and the USPS and its private competitors are going to have to pay more for trucking packages and mail across the great U.S. of A. While regular first-class mail stamps will stay at 44 cents each, postcards will go up a penny; larger envelopes and packages will cost more per ounce, as will mail to some international destinations.

Beef and bacon. We’ve already seen indications that bacon prices will skyrocket this year; the raw ingredient for bacon, lean pork bellies, is up 50% so far this year. Beef prices are the impetus for Wendy’s to raise prices — they use fresh beef and can’t hedge costs quite as easily at McDonald’s by stocking up. Even if we don’t see any other price pressures this year, the USDA predicts consumers will see 6.5% to 7.5% increase in the price of their meat.

Coffee. From Starbucks to Maxwell House, coffee prices are up as much as 56% since last year. My favorite coffee-and-pizza shop is now a pizza shop alone, thanks to rising coffee prices. The culprit is the skyrocketing price of green arabica beans, the building block of any good coffee. Unseasonable rains and frosts in Mexico and other tropical locales are the culprit; they send the harvest quantities downward and are creating such havoc in the markets that some coffee growers are hoarding beans, hoping for a huge payday to make up for the depressed yields.

Orange juice. Another victim of that unseasonable freeze in tropical areas — this time, Florida — Tropicana is raising prices on its orange juice. Prices are expected to go up from 4% to 8%, says Pepsi, its corporate parent. Last year, the company didn’t raise prices exactly, but it did downsize its packaging. One of its popular sizes went from 64 ounces to 59 ounces. Next year, will we see 55-ouncers, I wonder? How low can you go?

Chocolate. So, we’ve got Middle East tensions…two years of bad weather in Florida and Mexico…rising transportation costs…and dwindling supplies of pork bellies. What else could go wrong? In the Ivory Coast, political turmoil has caused cocoa bean costs to go way up. Sugar is more expensive, too; that’s what caused Hershey to raise wholesale prices for its chocolate by as much as 9.7%. I don’t watch prices of this sort of chocolate closely enough to know how that’s impacted Easter candy — some chocolatiers are absorbing the costs for now, it seems — but I think I’m going to stock up on my own favorite brand. In desperate times, a girl needs fair trade organic dark chocolate. You know?


25
Apr 11

Ron Paul Launches Presidential Campaign

(Cameron Joseph)  Rep. Ron Paul, R-Texas, whose outspoken libertarian views and folksy style made him a cult hero during two previous presidential campaigns, will announce on Tuesday that he’s going to try a third time.

Sources close to Paul, who is in his 12th term in the House, said he will unveil an exploratory presidential committee, a key step in gearing up for a White House race. He will also unveil the campaign’s leadership team in Iowa, where the first votes of the presidential election will be cast in caucuses next year.

Paul, 75, ran as the Libertarian Party candidate in 1988, finishing with less than one half a percent of the vote. After more than a decade as a Republican congressman, Paul gave it another shot in the 2008 presidential election, gaining attention for being the only Republican candidate calling for the end to the war in Iraq and for his “money bomb” fundraising strategy, which brought in millions of dollars from online donors in single-day pushes.

Paul took 10 percent of the vote in the Iowa caucuses and 8 percent in New Hampshire’s primary. He finished second, with 14 percent of the vote, in the Nevada caucuses, and eventually finished fourth in the Republican nominating process with 5.6 percent of the total vote. Paul’s campaign book, The Revolution: A Manifesto also reached No. 1 onThe New York Times best-seller list in 2008.

This would seem to be an ideal year for Paul: Since the last election, the Republican Party has moved much closer to his view on deficit reduction, which made him an early tea party favorite. All of the party’s top-tier presidential hopefuls are focusing on lowering debt, government spending, and tax rates, issues Paul has long advocated.

Source-http://www.nationaljournal.com/politics/ron-paul-launches-presidential-campaign-20110425


25
Apr 11

Gold And Silver Continue To Surge

(FT)  Gold hit a record high, while silver surged more than 5 per cent to within a whisker of its all-time peak, as the dollar continued its decline and inflation concerns drove haven flows.

Driven also by government debt concerns, gold rose 1 per cent to $1,518.20 a troy ounce, the seventh-consecutive trading session in which it has hit a record high. Silver surged 5.5 per cent to $49.17 an ounce, having hit a 30-year high of $49.80, within sight of the landmark $50 level.

The market considers that $50 an ounce marks a record nominal high for silver, although veteran traders say that in the chaotic trading of January 18, 1980, when the Hunt brothers’ cornering of the market came to a head, some small amounts of the metal changed hands in the physical market at even higher prices. The large precious metals banks, which have been meeting daily to set prices for silver since 1897, on that day recorded a “fixing” – or daily benchmark price – of $49.45.

Read entire article


22
Apr 11

How To See The Secret Tracking Data In Your IPhone

(William Fenton)  Coverage of the iPhone tracking “feature” has ranged from concern to outrage. “I don’t know about you, but the fact that this feature exists on an iPhone is a deal-killer,” wrote PCMag Columnist John Dvorak, shortly after news broke. PCMag Executive Editor Dan Costa drew a softer line, writing, “Apple may not be actively tracking you, but it did turn your phone into a tracking device without telling you.”

As frustrating as it is to learn that your iPhone has been spying on you, collecting an unencrypted treasure trove of your travels, the truth is we knew this was happening. Last June we reported that Apple updated its privacy policy, stating that it could, “collect, use, and share precise location data, including real-time geographic location of your Apple computer or device.” How precise that location data is remains in question. What is clear, however, is that the update arrived alongside the release of iOS 4—the OS affected by the tracking feature—and identified the four devices (iPhone 3G, iPhone 3GS, iPhone 4, and iPad with 3G) affected by the tracking feature.

I’m not about to give Apple a pass on disclosure or execution. Who combs through an Apple privacy statement when the latest iOSsoftware awaits? And, to “collect” and “share” user data is one thing; to retain it in an unprotected file is quite another.

However, I think it’s important that, with a few days’ hindsight, we move beyond the bombast, pin down the facts, and see what’s actually there. To do this, I’ve taken a close look at what’s at risk and, in empirical spirit, borrowed fellow PCMag software analyst Jeff Wilson’s iPhone 3GS to see what I could learn of the man and the travels using Pete Warden’s iPhoneTracker app.

What and Who Is At Risk?
First, the bad news: if you’re running iOS 4, your location-based data—latitude and longitude coordinates, coupled with timestamps—is stored on your phone in a file called “consolidated.db;” that file is automatically transferred to any machines with which you sync (and back up), and it’s probably flowing back to Apple in some form or another. The worse news: if you haven’t encrypted your backups, that data is unprotected.

Now, for the not-so-bad news. There’s no confirmation that that data is leaving your custody and no evidence that Apple’s harvesting it towards nefarious ends. More likely, it’s being used for two things:Apple’s reportedly tapping location information to build a database, which may actually be for your own good; and other apps, such as Maps, require geo-locational data to play. To halt both in their tracks, you can disable Location Services.

Furthermore, the data is far from “precise.” In fact, Apple’s data collection is both inconsistent andimprecise. Rather than using GPS, location information logged in consolidated.db is determined by triangulation via cell-phone towers, a notoriously loose method. Update times run the gamut, left to the whims of cell-phone towers and phone activity. Finally, the location data available on your phone is limited by several variables:

  • it dates back to the release of iOS 4, less than one year;
  • only affects iPads with 3G or theiPhone 3G, 3GS, and 4;
  • while data is timed to the second on your iPhone, you can only browse within a single week of activity using Pete Warden’s iPhoneTracker application
  • Where In The World Is Jeff Wilson? 
    Reading about the iPhone tracking feature is all databases and timestamps. To see what’s at risk, I borrowed analyst Jeff Wilson’s iPhone 3GS to see what I could learn about his provocative lifestyle. For those interested in our other resident man of mystery, Sascha Segan has posted his iPhone-tracked travels.

    To access Jeff’s data, I downloaded Pete Warden’s free iPhoneTracker app, which makes data plotting as easy as connecting your iOS 4 device to and launching the app on the OS X machine with which you sync.

    The first stumbling block I encountered was that I couldn’t sync Jeff’s iPhone 3GS without his passcode. Even with it, I hit a second wall: because I was using my MacBook Pro, I was trying to access backups that weren’t there. In order for me to see his previously logged backups, I had to restore his iPhone 3GS and sync it with my desktop.

    Once restored, I gained access to Jeff’s backups, and thus his location history, with one noteworthy caveat: I could only view data week by week.

    iPhoneTracker shows a map splattered with data points. At the bottom of the screen there’s a play button that animates location information chronologically: locational data is compressed into week-long frames. Yes, I could see that Jeff gallivanted in Las Vegas in early January, that he works in midtown Manhattan, and that he gives equal love to all the boroughs of New York City, but when it comes to learning anything more specific about his travel patterns, the data set, supplied in seven-day nuggets, can be difficult to interpret. To make the data less useful to villainous voyeurs (in this case, me), Pete Warden has limited the specificity of results to week-long increments. For basic scouting, iPhoneTracker is specific enough, but if you’re seeking to parse movement, more precise information is stored in consolidated.db.

    How To Cover Your Tracks
    If you’re concerned about your locational information winding up in the wrong hands, there are several actions you can take. First, you can delete all of your previous backups in one swoop by opening iTunes Preferences, clicking the Devices tab, and deleting the appropriate backup. Second, you can do what Apple arguably should have done already: encrypt it. It’s easy: click on your device in iTunes, scroll to the bottom the options page, tick the box “Encrypt backups,” and set a password. If Jeff had an angry ex, this would stop her from doing what I did with his iPhone (and discovering all that inter-borough love). For those who don’t like the idea of their iOS device chatting with Apple at all, you can prohibit all communication by disabling Location Services (in Settings), though you may find that many apps are less useful without it. Finally, setting a passcode on your iPhone is good policy, no matter what. It stopped me from syncing his iPhone with my laptop and it will keep the rest of your information private.

    Go Ahead, Snoop on Yourself
    There’s good reason to be upset about Apple’s poor disclosure of and security surrounding its iOS 4 location-based tracking. Hopefully they’ll address the lack of encryption in a timely, dot-something update. In the meantime, it’s not as dire as some doomsayers suggest: it’s not bobbing about the Internet, it’s not being trolled by the government, and it’s not any more likely to be used in court than cell phone company data. If you’re not comfortable with the locational log, there are simple, concrete actions you can take today, such as deleting previous backups and disabling Location Services.

    Before you lock down your iPhone, though, consider downloading iPhoneTracker and snooping on yourself. One thing overlooked in panic and paranoia of the past couple days is that this log captures spontaneous movement. Yes, it’s unconsented, unexpected, and unwelcomed, but I found it fascinating to see time and motion plotted on a map. It’s easy to forget the astonishing distance traveled over days, weeks, and months, and this feature, in passively tracing individual movement—however imprecise—creates some rudimentary system of record and applies some coherent chronological organization to the innumerable miles otherwise misplaced.

    Source-http://www.pcmag.com/article2/0,2817,2383944,00.asp


21
Apr 11

Phylicia Barnes, Missing North Carolina Teen, Found Dead Near Baltimore; Second Body Nearby

(Tom Shine)  The body of Phylicia Barnes, who was missing since December, is believed to have been found on April 21, 2011. ABC News

The body of Phylicia Barnesa star student from North Carolinawas discovered in Maryland on Wednesday, said police. She had been missing since December.

Anthony Guglielmi of the Baltimore Police confirmed Thursday that investigators found, not one, but two bodies Wednesday near the Susquehanna River about 35 miles from Baltimore.

One is that of the 17-year-old Barnes. The identity of the second body was not immediately clear.

Workers at the Conowingo Dam spotted Barnes’ body floating in the water around 7:30 Wednesday morning and notified state troopers in the area, according to Maryland State Police Spokesman Greg Shipley. While investigators were still in the area, they discovered a second body floating three or four miles south of the dam a few hours later.

At the Maryland state police headquarters in Baltimore, Guglielmi said they hope to have preliminary results from an autopsy.

Barnes was 16 when she went missing Dec. 28, during a trip to visit her half-sister. She would have turned 17 in January.

Barnes was from Monroe, N.C., a straight-A student, and was last heard from Dec. 28, 2010, via Facebook when she posted a note saying she was at her sister’s apartment with her sister’s boyfriend.

For more on the Barnes case, see ABC News coverage of her disappearance.

Hundreds went to the Facebook page “Pray for Phylicia Barnes,” leaving notes of condolences after police announced her body was discovered.

“R.I.P Phylicia…we pray for peace with your family and justice served for the person or persons responsible for ending your life,” one Facebook user wrote.

Question of Double Standard

The disappearance of the Alabama teen Natalee Holloway in Aruba nearly seven years ago sparked a media frenzy, as has the apparent abduction of the nursing student Holly Bobo in Indiana. But news coverage was relatively sparse in Phylicia’s case, raising accusations of a double standard in media coverage.

Speaking about the lack of national media coverage back in January, a Baltimore Police spokesman said, “Birds are falling out of the sky in Arkansas and two headed calves, and this girl may lose her life.”

The Baltimore Mayor’s office said it shares the concern about the possible existence of a double-standard in the coverage of Phylicia’s disappearance but is more distressed about the case because it was so heartbreaking.

“You see other cases that get attention, other kids that go missing and it’s immediately up on television and you know, I know there’s frustration,” said Mayor Stephanie Rawlings-Blake.

ABC’s David Kerley and the Associated Press contributed to this report.

Source-http://abcnews.go.com/US/body-phylicia-barnes-north-carolina-teen-found-maryland/story?id=13430724


21
Apr 11

10 Examples We No Longer Live In Land Of The Free And Home Of The Brave

(American Dream)  Do you know people that still believe that America is a free country?  Do you have friends or family that are proud to live in “the land of the free and the home of the brave”?  If you do, just show them this article.  The things that you are about to read are enough to make the blood of any red-blooded American boil.  We don’t live in a free country anymore.  Instead, we live in a “Big Brother” police state control grid that is becoming more restrictive every single day.  Most of our politicians seem to be control freaks that are obsessed with running every single little detail of our lives.  These days there has to be a “rule” or a “regulation” for everything.  The radical social engineers in the Soviet Union, Nazi Germany and communist China never even dared to try some of the things that are going on in America today.  We are all being treated little better than cattle and we are all being taught that it is best to just sit in our homes and absorb all of the television “programming” that is being provided for us.  Meanwhile, our public schools have become little more than prison grids.  Our children are being taught to enjoy living as docile slaves in a world where imagination, liberty, freedom and adventure are all greatly discouraged.

Unfortunately, none of this is an exaggeration.  Our politicians love to give speeches about “liberty” and “freedom”, but they always seem to have excuses to justify the endless parade of liberty-killing laws that they are imposing on all the rest of us.

Almost all of the freedoms listed in the Bill of Rights have been severely eroded.  In fact, a number of them are almost totally gone at this point.

The things that you are about to read should make you mad.  In fact, if none of these things make you mad there is a problem.  Sadly, millions of Americans have actually embraced tyranny, and if you are not outraged by any of the items listed below than you are likely one of them.

The following are 10 examples that show that we no longer live in the land of the free and the home of the brave….

#1 According to the ACLU, state police in Michigan are using “extraction devices” to download data from the cellphones of motorists that they pull over.  This is taking place even if those pulled over are not accused of doing anything wrong.

The following is how an article on CNET News describes the capabilities of these “extraction devices”….

The devices, sold by a company called Cellebrite, can download text messages, photos, video, and even GPS data from most brands of cell phones. The handheld machines have various interfaces to work with different models and can even bypass security passwords and access some information.

#2 In the state of New York, the Department of Health has designated wiffle ball, dodge ball, kick ball, freeze tag, red rover, frisbee tossing and tug of war as “risky recreational activities“.  Any organization or program that allows kids to enjoy these games during the summer will now be subject to strict government regulation according to the New York Daily News….

Under the new rules, any program that offers two or more organized recreational activities – with at least one of them on the risky list – is deemed a summer camp and subject to state regulation.

#3 At one public school in the Chicago area, children have been banned from bringing their lunches from home.  Yes, you read that correctly.  Students at that particular school are absolutely prohibited from bringing lunches from home.  Instead, it is mandatory that they eat the food that the school cafeteria serves.

#4 Would you like to have your face scanned and your ID recorded every time you attend a public event?  Don’t laugh.  The San Francisco Entertainment Commission is actually proposing a new rule which “would require all venues with an occupancy of over 100 people to record the faces of all patrons and employees and scan their ID’s for storage in a database which they must hand over to law enforcement on request.”

#5 In Delaware, police and state government officials recently tore a basketball hoop right out of a family’s front yard and carted it away because it was “too close” to the street.  They even extracted the pole for the basketball hoop out of the ground and took that away too.

#6 In Missouri of all places, two young girls named Abigail and Caitlin Mills were recently taught a lesson on how to be good citizens in the emerging totalitarian control grid going up all over the United States.  After a complaint from a neighbor, the city of Hazelwood cracked down on the two girls and told them that they must stop selling girl scout cookies in their own front yard.

#7 As I have written about previously, federal bureaucrats have outlawed the incandescent light bulbs that we all grew up with and will be forcing us to switch over to new CFL (compact fluorescent lamp) light bulbs that are more expensive and that are actually worse for the environment.  One new study conducted by scientists in Germany has shown that the new CFL light bulbs that we are being forced to use contain poisonous carcinogens that are likely cause cancer.  In fact, the German scientists say that these CFL bulbs should be “kept as far away as possible from the human environment”.

#8 Many states are aggressively seizing “unclaimed” safe deposit boxes and are selling off the contents and using the money to pay state government bills.  In the state of California, they are now going after safe deposit boxes if the owners have had “no contact” with the bank for just 3 years.  Other states are being nearly as aggressive.  If you have a safe deposit box that you have not opened in a while you need to go check on it right away.

#9 One Mississippi state judge recently issued an order for state officials to gather and deliver to him the names of every single child that is being homeschooled in the state.  The frightening thing is that the judge did this all on his own.  Nobody requested this information and there is no case pending for which this information would be required.

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#10 The TSA had promised that they were going to stop groping little children at airports, but apparently that is not the case.  For example, one 6 year old little girl made headlines recently when a TSA worker touched all of her private areas before allowing her to get on an airplane.  Her parents were forced to stand aside and watch this outrage take place.

So what do all of you think about this list?

Does anyone out there still believe that we live in the land of the free and the home of the brave?

Source-http://www.infowars.com/10-examples-we-no-longer-live-in-land-of-the-free-and-home-of-the-brave/


20
Apr 11

Apple IPhone, IPad Tracking User Whereabouts, Researcher Says

(Adam Satariano )  (Apple Inc. (AAPL)’s iPhone and iPad track and store the movements of people using the devices, according to a report by O’Reilly Radar.

Apple’s iOS 4 operating system for the iPhone and iPad 3G logs latitude-longitude coordinates along with the time of the visit, according to Alasdair Allan, a senior research fellow in astronomy at the University of Exeter in England, who co-wrote the study with Pete Warden. The findings were posted on the website owned by O’Reilly Media, a Sebastopol, California-based publisher that organizes technology trade conferences.

The tracking, which is likely based on the location of nearby mobile-phone towers, raises security and privacy questions, Allan and Warden wrote. The information, which can total tens of thousands of data points, isn’t encrypted, according to the authors, who were going to present the results today at the Where 2.0 conference in Santa Clara, California.

There’s no evidence the information is being shared, according to the report. Mobile phone carriers have always had access to this information and it takes a court order for it to be accessed, the authors said.

Steve Dowling, a spokesman for Apple, didn’t immediately return a telephone call seeking comment.

Source-http://www.bloomberg.com/news/2011-04-20/apple-iphone-ipad-tracking-user-whereabouts-researcher-says.html


19
Apr 11

US Companies Shrink Packages As Food Prices Rise; Another Form Of Inflation

(Douglas Mcintyre)  U.S. food prices have been rising in the last year, but it seems the growth is only just beginning. A sharp jump in commodities’ prices this year will soon result in sticker shock for American consumers.

Large food companies have recently announced that they will raise the prices they charge grocery retailers for commodities-based products. For example, a chocolate bar will cost more soon: Hershey last week announced a 10% increase for most of its confectionery goods.

Of course, straightforward price hikes could cause consumers to buy less of those products or to choose less costly store brands. So in many cases, food companies are trying a different tactic: Keeping the price of an item the same while decreasing the amount of food in the package. The company recoups the costs of the rise in commodities and hopes consumers don’t notice that they’re getting less of the product for the same price.

Food companies have no obligation to tell customers about the smaller packages, but may suffer a backlash from consumers who notice how the packaging trick works. Here are some of the shrinking products that you might notice in your grocery aisles:

Kellogg has reduced the size of its cereal boxes as grain prices have grown.Kellogg Cereal
Company: Kellogg (K)
Commodities: corn, wheat, sugar
Size Reduction: roughly 15%, or 2.4 ounces, on average
Kellogg, which makes cereal such as Apple Jacks and Corn Pops, has passed higher grain costs on to consumers. In 2008, the company reduced the amount of cereal in its boxes by an average of 2.4 ounces. And in February, the company announced that it will raise the price of its cereals 3% to 4%. According to a U.S. Agriculture Department report in March, “higher wheat commodity costs should begin to affect cereal and bakery product prices over the next few months, causing prices to rise 3.5% to 4.5% overall in 2011.”
Snickers Bars
Company: Mars
Commodities: cocoa, dairy, nuts
Size Reduction: 11%, or 0.41 ounces
Supposedly in response to pleas from obesity activists, the Mars Company split their “King Size” Snickers bar in half so that it could be more easily shared between two people. What calls the nobility of the company’s intentions into question is that, in addition to making the cut, Mars also reduced the total amount of candy in each package from 3.7ounces to 3.29 ounces — an 11% decrease — while keeping the price the same.
Tropicana is putting less orange juice in its containers after orange-juice concentrate prices have grown.Tropicana
Company: 
PepsiCo (PEP)
Commodities: frozen orange juice concentrate, gasoline
Size Reduction: 8%, or 5 ounces
A series of prolonged frosts last year sent citrus prices up 11.5% and drove up the price of frozen orange-juice concentrate to several-year highs. Meanwhile, the cost of transporting the concentrate has gone up as gas prices have increased. In response, Tropicana has made two adjustments: It increased the price of its gallon jugs by 5-8% and stealthily reduced the size of its half-gallon cartons from 64 ounces to 59 ounces. This 5-ounce reduction represents nearly an 8% decrease in size.
Haager-Dazs ice cream no longer comes in a pint.Haagen-Dazs
Company: 
General Mills (GIS)
Commodity: dairy, sugar, cocoa
Size Reduction: 12.5%, or 2 fluid ounces
The luxury-ice-cream company reduced the size of its standard container to significantly less than a pint, cutting it 12.5% from 16 fluid ounces to 14 fluid ounces. To make the smaller package less obvious, the company cleverly kept the top the same size, so it looks identical from above, but tapers dramatically in the middle. Haagen-Dazs’s cheaper brands, Edy’s and Breyer’s, have cut their portions as well. Daily prices increased just over 1% in 2010, but are expected to rise as much as 5.5% in 2011.
Chicken of the Sea Tuna
Company: Thai Union Group
Commodity: tuna
Size Reduction: 17%, or 1 ounce
Chicken of the Sea’s albacore tuna, previously sold in 6-ounce cans, now comes in 5-ounce cans. Rising tuna prices amid a worldwide shortage of the fish are partly to blame. Other tuna brands also have shrunk their can sizes, a trend which has been going on for years. Just over a decade ago, tuna was most commonly sold in 7-ounce cans.
Frito-Lay now includes fewer chips in each bag.Frito-Lay Chips
Company: PepsiCo (PEP)
Commodity: wheat, corn, potatoes
Size Reduction: 12.5% – 20%
With all the air included in chips packaging, it is easy for manufacturers to reduce the amount of chips in the bags without drawing attention. PepsiCo reduced the Lay’s “Family Size” potato-chip bag from 16 ounces to 14 ounces in 2009. Bags of Doritos, Tostitos, and Fritos now contain 20% fewer chips than they did in 2009, according to The New York Times. Even smaller bags have been reduced by a quarter of an ounce. Rising gain prices have driven the changes.
Saltines and Graham Crackers
Company: Kraft Foods (KFT)
Commodity: wheat, salt
Size Reduction: 15%
Earlier this year, Kraft introduced its “Fresh Stacks” packages for Nabisco Premium saltines and Honey Maid Graham crackers. The packages contain a higher number of smaller cracker sleeves, meant to do a better job of preserving freshness and making the crackers more portable. The entire “Fresh Stacks” boxes contain 15% percent fewer crackers than the original packages, however, and cost the same amount. Kraft is, undoubtedly, being hit by rising grain prices. “Fresh Stacks” may be one of the company’s ways of passing costs on to consumers.
Reese’s
Company: The Hershey Co. (HSY)
Commodity: cocoa, dairy, peanuts
Size Reduction: 37%, or 0.1 ounces
Cocoa futures have more than doubled in the past three years, hurting chocolate companies. The Hershey Co. has just increased its wholesale prices by 9.7% across its entire product line. Its also introduced new Reese’s “Minis,” which are smaller than the classic Reese’s “Miniatures” and cost more, according to The New York Times. Through FreshDirect, Minis cost $4.59 for an 8-ounce bag, while Miniatures cost $4.49 for 12 ounces. In other words, the Minis cost $0.57 an ounce while Miniatures cost $0.37 an ounce.
Bounty
Company: Procter & Gamble (PG)
Commodity: lumber
Size Reduction: 7.2%, or 10 sheets
Since June 2010, lumber futures have increased more than 80%. The cost of manufacturing paper products has gone up as well, and companies are reducing the size of paper-based products — like toilet paper, moist towelettes and paper towels — as a result. Proctor & Gamble recently cut the size of its Bounty 2-ply paper towel rolls from 138 sheets to 128 sheets. The company attempted to mask this change by advertising the roll as “25% thicker.” Despite the increased thickness, the package reportedly weighs less. Proctor and Gamble competitor Kimberly-Clark has also reduced the size of its “Scott” paper-towel rolls.

Heinz Ketchup
Company: H.J. Heinz (HNZ)
Commodity: tomatoes, sugar, salt, corn
Size Reduction: 11%, or 4 ounces
The cost of wholesale tomatoes more than tripled last year from the previous year, according to the USDA, and prices are expected to grow another 10% this year. In response, Pittsburgh-based ketchup and condiment company Heinz has cut the portions of several key products, including its flagship Heinz 57 sauce, which now comes in a 4-ounce smaller package with no reduction in price.

See full article from DailyFinance: srph.it/gd2l3i


19
Apr 11

20 Signs That A Horrific Global Food Crisis Is Coming

(Coyote Prime)  In case you haven’t noticed, the world is on the verge of a horrific global food crisis. At some point, this crisis will affect you and your family. It may not be today, and it may not be tomorrow, but it is going to happen. Crazy weather and horrifying natural disasters have played havoc with agricultural production in many areas of the globe over the past couple of years. Meanwhile, the price of oil has begun to skyrocket. The entire global economy is predicated on the ability to use massive amounts of inexpensive oil to cheaply produce food and other goods and transport them over vast distances. Without cheap oil the whole game changes. Topsoil is being depleted at a staggering rate and key aquifers all over the world are being drained at an alarming pace. Global food prices are already at an all-time high and they continue to move up aggressively. So what is going to happen to our world when hundreds of millions more people cannot afford to feed themselves?

Most Americans are so accustomed to supermarkets that are absolutely packed to the gills with massive amounts of really inexpensive food that they cannot even imagine that life could be any other way. Unfortunately, that era is ending. There are all kinds of indications that we are now entering a time when there will not be nearly enough food for everyone in the world. As competition for food supplies increases, food prices are going to go up. In fact, at some point they are going to go way up.

Let’s look at some of the key reasons why an increasing number of people believe that a massive food crisis is on the horizon. The following are 20 signs that a horrific global food crisis is coming:

#1 According to the World Bank, 44 million people around the globe have been pushed into extreme poverty since last June because of rising food prices.

#2 The world is losing topsoil at an astounding rate. In fact, according to Lester Brown, “one third of the world’s cropland is losing topsoil faster than new soil is forming through natural processes”.

#3 Due to U.S. ethanol subsidies, almost a third of all corn grown in the United States is now used for fuel. This is putting a lot of stress on the price of corn.

#4 Due to a lack of water, some countries in the Middle East find themselves forced to almost totally rely on other nations for basic food staples. For example, it is being projected that there will be no more wheat production in Saudi Arabia by the year 2012.

#5 Water tables all over the globe are being depleted at an alarming rate due to “overpumping”. According to the World Bank, there are 130 million people in China and 175 million people in India that are being fed with grain with water that is being pumped out of aquifers faster than it can be replaced. So what happens once all of that water is gone?

#6 In the United States, the systematic depletion of the Ogallala Aquifer could eventually turn “America’s Breadbasket” back into the “Dust Bowl”.

#7 Diseases such as UG99 wheat rust are wiping out increasingly large segments of the world food supply.

#8 The tsunami and subsequent nuclear crisis in Japan have rendered vast agricultural areas in that nation unusable. In fact, there are many that believe that eventually a significant portion of northern Japan will be considered to be uninhabitable. Not only that, many are now convinced that the Japanese economy, the third largest economy in the world, is likely to totally collapse as a result of all this.

#9 The price of oil may be the biggest factor on this list. The way that we produce our food is very heavily dependent on oil. The way that we transport our food is very heavily dependent on oil. When you have skyrocketing oil prices, our entire food production system becomes much more expensive. If the price of oil continues to stay high, we are going to see much higher food prices and some forms of food production will no longer make economic sense at all.

#10 At some point the world could experience a very serious fertilizer shortage. According to scientists with the Global Phosphorus Research Initiative, the world is not going to have enough phosphorous to meet agricultural demand in just 30 to 40 years.

#11 Food inflation is already devastating many economies around the globe. For example, India is dealing with an annual food inflation rate of 18 percent.

#12 According to the United Nations, the global price of food reached a new all-time high in February.

#13 According to the World Bank, the global price of food has risen 36% over the past 12 months.

#14 The commodity price of wheat has approximately doubled since last summer.

#15 The commodity price of corn has also about doubled since last summer.

#16 The commodity price of soybeans is up about 50% since last June.

#17 The commodity price of orange juice has doubled since 2009.

#18 There are about 3 billion people around the globe that live on the equivalent of 2 dollars a day or less and the world was already on the verge of economic disaster before this year even began.

#19 2011 has already been one of the craziest years since World War 2. Revolutions have swept across the Middle East, the United States has gotten involved in the civil war in Libya, Europe is on the verge of a financial meltdown and the U.S. dollar is dying. None of this is good news for global food production.

#20 There have been persistent rumors of shortages at some of the biggest suppliers of emergency food in the United States. The following is an excerpt from a recent “special alert” posted on Raiders News Network: “Look around you. Read the headlines. See the largest factories of food, potassium iodide, and other emergency product manufacturers literally closing their online stores and putting up signs like those on Mountain House’s Official Website and Thyrosafe’s Factory Webpage that explain, due to overwhelming demand, they are shutting down sales for the time being and hope to reopen someday.  So what does all of this mean? It means that time is short.

For years, many “doom and gloomers” have been yelling and screaming that a food crisis is coming. Well, up to this point there hasn’t been much to get alarmed about. Food prices have started to rise, but the truth is that our stores are still packed to the rafters will gigantic amounts of relatively cheap food. However, you would have to be an idiot not to see the warning signs. Just look at what happened in Japan after March 11th. Store shelves were cleared out almost instantly. It isn’t going to happen today, and it probably isn’t going to happen tomorrow, but at some point a major league food crisis is going to strike. So what are you and your family going to do then? You might want to start thinking about that.”

Source-http://www.sott.net/articles/show/227363-20-Signs-That-A-Horrific-Global-Food-Crisis-Is-Coming


19
Apr 11

$50 Silver The Price Point of Liberty

(Jack Mullen)  $50 dollar silver is the first sign of blue sky after a devastating storm. It’s the morning after sunshine bringing people out of hiding and together again for the process of rebuilding with the promise of a new start.

For more than 100 years the United States has been at the center of a war being waged around the clock by a cult-of-evil clawing and biting like a rabid dog at the heart of civilization. It has been an epic struggle of an outnumbered, outgunned regiment of courageous defenders of human individuality, dignity, and liberty against a tyranny intent on the enslavement of humanity.  It has been a bloody war, a costly war, and even now the battles continue.  But the tide is turning, finally, toward the side of good.

This war has been in stealth with the cult-of-evil creating a fictional world created to smother humanity. For years this war has involved the creation of a pretended reality that renders lies for all standards of measure of a free society.  This fictional reality has reached proportions of a bubble, not unlike the tulip bubble of 1637 — I would call this bubble, a bubble-of-pretension. Recently, like all bubbles, the bubble-of-pretension has begun to grow exponentially; hiding reality behind a manufactured one, including a manufactured history of the world.  This process is not sustainable and will soon face the limits of nature (the true reality).

For the most part, the criminal class has had success hiding reality from a conned, drugged, and dumbed-down public, especially in the early stages of the bubble-of-pretension. But I think we have reached a bifurcation point; the point when the matrix of pretension, consuming enormous and ever-growing quantities of energy to maintain the escalating lies, starts to falter. Cracks appear and the engine of deception coughs and gasps for more.  It’s the moment when Caligula realizes men with swords cannot defeat the sea, or when a parliament of thieves cannot steal another ounce of gold.

That point is here today, and I think the signs are clear:  gold is approaching $1500 and, more importantly, silver is about to smash through the most protected price in history – $50 per ounce.

I think it bears repeating, $50 silver is the most protected price in recorded history; it is a price that’s cost trillions upon trillions of dollars, and millions of lives and untold millions in misery to defend. $50 silver has been defended with all the energy and manpower the cult-of-evil can muster. The war is not over, but momentum is on the side of humanity toward breaking through a key barrier. After $50 there’s no more resistance — silver will break free and rise quickly to crush the banking system – the energy and life blood of the enemy.  Beyond $50 silver,  the dollar and the banking system will collapse exponentially.  How will JP Morgan buy off silver holders with stock worth less than the price of silver? George Soros and the BRIC nations are already aware that dollar hegemony is cracking and $50 silver is the stake in the heart of the beast.

For those of us who understand how much wasted and destroyed wealth has been employed suppressing the price of silver, while the purchasing power of the fiat currency in which it is priced steady declines, $50 silver is monumental. This is the day the bubble-in-pretension bursts and humanity can escape the clutches of the private banking cartel and their Federal Reserve.

$50 dollar silver is easily $160 dollars short of its inflation adjusted value since, the mid-nineteen seventies when silver last rose against tyranny.  The difference between $210 (an estimate of silver’s inflation adjusted price) and $50 seems very little, but that $160 has cost the loss of the world’s reserve currency, the fleecing of two-plus generations of Americans and peoples worldwide.

Hiding the worthlessness of fiat money through metals price suppression has in a way been responsible for WWI, WWII , the massive loss of lives in Russia, China, and Germany to psychopathic dictators. That $160 was responsible for the Vietnam war, the death of Kennedy, the Iraq I and Iraq II wars, the War on Drugs and the Afghan and now Libyan wars.  We could go on and say that $160 has cost the lives of all those Americans in the World Trade Centers during 9-11 and the incredible loss of lives to our criminal monopoly controlled health and food industries.  We might even get verbose and mention the deaths caused by fluoride poison in the drinking water and the weight gain and cancers caused by our ‘diet’ supplements such as Aspartame.

While silver sits below $50 the world has suffered trillions and trillions of wealth stolen for false flag wars and then more wealth destroyed in those wars.  Trillions of dollars that could have been used to pry off the yoke of psychopaths creating monopolies which have destroyed a free market that is the engine of quality human life.  The pharmaceutical industry sells lies of health, the medical services industry sells lies of treatment, the food industry sells lies of nutrition, the military-industrial complex sells lies of safety and protection, the prison-police industries sell lies of safety and peace,  law and justice sells lies of righteousness, In short, these monopolies lie in the pursuit of total domination and the suppression of reality.

But the price of lies and monopoly is the inevitable depletion of the available resources — be it manpower, money, or the human spirit.   As the peak of pretension is reached, and the bubble-of-pretension begins to burst, those of us who are awake must make plans to take charge of the collapse and work to be sure the evil puffed up in the bubble is burst into oblivion.

We don’t need a majority of the humans that have been deceived to wake up and join the cause. We only need those of us that are awake to step in and organize the collapse.

It is in the United States where most of the wealth stolen for pacification has been deployed, because the United States is the only nation on earth with a large armed populace. Not only large and armed, but with a history of documentation and research showing why guns in the hands of people (not guns in the hands of military or militia or police or PERSONS or CITIZENS ) is the ONLY way for men, women, and children to protect themselves against the onslaught of a cunning and relentless tyranny. It is in America that a small group of awakened humans can take back their freedom and again provide a secure home for liberty.

Toward Liberty
  • Oppose gun control at all costs — no freedom or liberty can be protected without the threat of weapons as a last resort.
  • Withdraw your support for the banking system by removing your money and buying physical silver and gold for later use as currency.
  • Use cash or barter for all transactions to reduce the flow of money through banks, further weakening the already failing banks.
  • Infiltrate your local governments by running for office.
  • Use the power of local press to remove corruption by writing letters to the editor.
  • Take back our schools – homeschool your children.  It should only take a generation or two of homeschooled children to move back into the mainstream world as leaders and members of government.
  • Do not depend on the United States federal government for any help — the states are the answer.
  • If your state does not support the right to own guns, move. Vote with your feet, do not any longer support evil with your tax dollars. Look for states with nullification laws in the works; these states need our support.
  • Take action against intrusion on your liberties, bring lawsuits against fraudulent banking, TSA assault, criminal foreclosures, and file claims against sources of health degradation — we need a call to action for class action lawsuits.
More Ways to Stop the Evil
  • Media: buy radio stations (many are cheap, then use them to get the message out), take back our newspapers and television stations from the elite mega corporations. Write blogs.
  • Talk to your children every day about what is happening to them, and what has to happen before it will change.
  • Be on the alert for lies — critique movies for the hidden messages of the enslavers.
  • Get off the power grid with solar and wind generators.  The power grid is a great controller — if you misbehave, or if you need to be taught a lesson, out go the lights.
  • Lastly take charge of your health and your families health. The medical-pharmaceutical-insurance industry in the United States is not about health, they are not outcome based. The ‘pharma-med-insurance’ model of business is theft through monopoly, and wealth through growth of services. Cures are not a way to health, the key to health is disease prevention. Be proactive – eat organic whole foods withnon-GMO contents, grow your own foods, eat less. Supplement the loss of nutrition in foods with high quality natural supplements.  Read about nutrition and healthy lifestyles and then shrug off your M.D., stop taking pharmaceutical poisons, decline unnecessary tests. Stand up to the system that is fleecing your health.  And definitely filter your water and buy radiation detection equipment (and complain when the media lies about radiation).
With $50 silver signaling the beginning of the end of the banking system, it becomes imperative that we prepare for the final confrontation. It is here that we sink or swim.  Time to practice swimming!

Jack Mullen has been a businessman for more than 25 years, owning 3 radio stations, several technology based companies and a resource development company. 


19
Apr 11

$44 And $1500

Well, that was a fun day, wasn’t it? Maybe tomorrow will be even more fun…

(Watch Tower)  Here are some charts you need to review for perspective. First, look at gold on a 30-minute basis. I drew the “swiss stair” lines on this one. Note that time is nearly up for the next move forward.

The only thing stopping it is the psychological barrier of 1500. We printed a few trades above that level today but, not surprisingly, we quickly gave the level back. It is regrouping now, using 1495 as a staging area. If you look at gold from a daily perspective, you see that other than the 1500 psych level, there is absolutely no reason for gold to pause here. So, let’s put 1500 away and move on towards Santa’s next angel at 1521.

Silver looks great. I would expect another run at 44 on the Globex this afternoon or early evening. Maybe put it in the rearview mirror tomorrow and we’re just one, quick, short-covering panic away from $45. As you know, I’m holding May 43s, 44s and 45s. They expire Tuesday so I have to stay pretty nimble. For now, I will sell my 45s only on a move back down through 43.40. IF we do see $45 or so tomorrow, I’ll sell my 43s and maybe my 44s. I’ll certainly keep you posted.

Anyone hoping for some relief at the pump is not going to like this next chart. Tungstenman succeeded in blasting WTI down to $106. It double-bottomed there overnight last night. IF it can charge higher here and move UP through $109, it looks certain to head back toward $111 and, from there, $114. At least we here in Turd’s World can exchange some of our PM profits for fiat and then drive over to the local gas station and trade fiat for unleaded. The uninitiated have no such luxury.

And the POSX is soon going to have a “moment of truth”. It will either swing back higher off of the 75 level later this week or the bottom’s going to drop out. It will then head to 74 and even 72. Therefore, when the moment arrives, be on the lookout for renewed PIIG concerns etc to be played up in the global financial media. Anything and everything will be done/said to hold on for another day or week.

OK, that’s it. Its almost 3:00 EDT and I’ve got a last in gold of 1495 and silver is 43.78.
Keep the faith! TF

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Read more at Along the Watchtower


19
Apr 11

50 Factors Launching Gold

(The Daily Gold)  Edification is not the word that comes to mind when observing an interview with Larry Fink of Blackstone this morning on network financial news. It was inspirational if not humorous, and somewhat pathetic. Of course the interviewer treated him like royalty, when just a syndicate captain, a Made Man. As a cog within the US financial hierarchy, he was asked why Gold is approaching record price levels near $1500 per ounce. He gave his best 10-second answer, showing no depth of comprehension but an excellent grip of propaganda laced with simplistic distortion. He said, “GOLD IS RISING FROM ALL THE GLOBAL INSTABILITY, AND NOT FROM INFLATION AT ALL.” Sounds good, but it lacks much reflection of the world of reality burdened by complexity and interconnectivity that the enlightened perceive. At least he did not babble about Gold being in an asset bubble. It cannot, since Gold is money. It is curious that all the analysts, bankers, fund managers, corporate chieftains who did not advise on Gold investment over the last ten years are precisely whom the financial network news appeals to for guidance in the current monster Gold bull run. They knew nothing before, and they know nothing now. The major US news networks carry the Obama water while the USCongressional members carry the USBanker robes and show respect with genuflection before the priests. But guys like Fink are their harlot squires. Poor Ben Bernanke, despite his high priest position, does not gather a fraction of respect that Alan Greenspan did even though Alan presided over the collapse. The wild card possibly later this year or 2012 will be a national movement to force mandatory wage gains, and thus avert a national economic collapse. The squeeze is on in a powerful manner to both businesses and households.

ANOTHER STRONG GOLD BREAKOUT

As long as Quantitative Easing programs are in place and actively pursued, Gold & Silver prices will soar. The programs are urged by exploding budget deficits and absent USTBond demand. That translates to a ruined USDollar currency. Gold & Silver respond to the debasement and ruin. Efforts will become ridiculously stretched to save the USDollar, but will fail. QE will go global and secretive, assuring tremendous additional gains in the Gold & Silver price. No effort to liquidate the big USbanks will occur, thus assuring the process will continue until systemic breakdown then failure. The more extraordinary the measures to save the embattled insolvent fraudulent USDollar, the more the Gold & Silver price will soar. It is that simple. Gold & Silver will soar as long as central banks continue to put monetary inflation machinery to work. They are attempting to provide artificial but coordinated USTreasury Bond demand. In the process their efforts will continue to push the cost structure up further. In my view, since the Japan natural disaster hit with financial fallout, the Global QE is very much in effect, but not recognized as a global phenomenon. It pushes up Gold in uniform fashion worldwide.

50 FACTORS POWERING THE GOLD BULL

  1. USFed is stuck at 0% for over two years and printing $1.7 trillion in Quantitative Easing, otherwise called monetary hyper inflation. They are not finished destroying both money and capital.
  2. USFed tripled its balance sheet, with over half of it bonds of exaggerated value, while it gobbled up toxic mortgage bonds as buyer of last resort. The mortgage bonds have turned worthless. The USFed waits for a housing revival to bail itself out, but it will not arrive.
  3. Debt monetization has gone haywire, as over 70% of USTBond sales from the USFed printing press. The QE was urgently needed, since legitimate buyers vanished. Even the primary dealers have been reimbursed in open market operations within a few weeks.
  4. PIMCO has shed its entire USTreasury Bond holdings, seeing no value. They joined many foreign creditors in an unannounced buyer boycott in disgusted reaction to QE which is essentially a compulsory unilateral debt writedown.
  5. Growing USGovt deficits have run over $1.5 trillion annually, with absent cuts, obscene entitlements, endless war. The prevailing short-term 0% interest rates are out of synch with exploding debt supply and rising price inflation.
  1. Unfunded USGovt liabilities total nearly $100 trillion for medicare, social security, pensions, and more. The obligations are never included in the official debt. It represents insult to injury within insolvency.
  2. Standard & Poors warned that USGovt could lose AAA rating in lousy credit outlook, one chance in three within the next two years. Ironically, the announcement came on the day when the USGovt exceeded its debt limit. The network news missed it.
  3. State & Municipal debt have collapsed, as 41 states have huge shortfalls, and four large states are broken. They might receive a federal bailout. It could be called QE3, maybe QE4.
  4. Coordinated USTBond purchases from Japanese sales have relieved the USFed, as other major central banks act as global monetarist agents. The sales by Japan are vast and growing. Witness the last phase in unwind of Yen Carry Trade, where 0% borrowed Japanese money funded the USTreasury Bonds and US Stocks.
  5. Quantitative Easing, a catch word for extreme monetary inflation and debt monetization, has become engrained into global central bank policy, soon hidden. It is so controversial and deadly to the global financial structures that it will go hidden, and attempt to avoid the furious anger in feedback by global leaders. This is the most important and powerful of all 50 factors in my view.
  1. The FedFunds Rate is stuck near 0%, yet the actual CPI is near 10%, for a real rate of interest of minus 9%. Historically a negative real rate of interest has been the primary fuel for a Gold bull. This time the fuel has been applied for a longer period of time, and a bigger negative real rate than ever.
  2. The USGovt claims to have 8000 tons of Gold in reserve, but it is all in Deep Storage, as in unmined ore bodies. The collateral for the USDollar and USTreasury debt is vacant. It is in raw form like in the Rocky Mountain range or Sierra Nevada range.
  3. Fast rising food prices, fast rising gasoline prices, and fast rising metals, coffee, sugar, and cotton serve as testament to broad price inflation. So far it has shown up on the cost structure. Either the business sector will vanish from a cost squeeze or pass on higher costs as end product and service price increases.
  4. The entire world seeks to protect wealth from the ravages of inflation & the American sponsored QE by buying Gold & Silver. The rest of the world can spot price inflation more effectively than the US population. The United States is subjected to the world’s broadest and most pervasive propaganda in the industrialized world.
  5. The European sovereign debt breakdown with high bond yields in PIIGS nations points out the broken debt foundation to the monetary system. The solutions like with Greece in May 2010 were a sham, nothing but a bandaid and cup of elixir. Spain is next to experience major shocks that destabilize all of Europe again, this time much bigger than Greece. The Portuguese Govt debt rises toward 10% on the 10-year yield, while the Greek Govt debt has risen to reach 20% on the 2-year yield.
  1. Germany is pushing for Southern Europe bank climax in their Euro Central Bank rate hike. Europe will be pushed to crisis this year, orchestrated by the impatient and angry Germans. They have no more appetitive for $300 to $400 billion in annual welfare to the broken nations in Southern Europe.
  2. Isolation of the USFed and Bank of England and Bank of Japan has come. The small rate hike by the European Central Bank separated them finally. The Anglos with their Japanese lackeys are the only central banks not raising rates. With isolation comes all the earmarks on the path to the Third World.
  3. The shortage of gold is acute, as 51 million gold bars have been sold forward versus the 11 million held by the COMEX in inventory. Be sure that hundreds of millions of nonexistent fractionalized gold ounces are polluting the system. Word is getting out that the COMEX is empty of precious metals.
  4. Such extreme Silver shortage has befallen the COMEX that the corrupted metals exchange routinely offers cash settlement in silver with a 25% bonus if a non-disclosure agreement is signed. The practice cannot be kept under wraps, as some hedge funds push for fat returns in under two months holding positions with delivery demanded.
  5. China has begun grand initiatives to replace its precious metal stockpiles. They are pursuing the Yuan currency to become a global reserve currency. As they build collateral for the Yuan, they are also elevating Silver as reserves asset.
  1. A global shortage of Gold & Silver has been realized in national mint production. From the United States to Canada to Australia to Germany, shortages exist. Many interruptions will continue amidst the shortages, which feed the publicity.
  2. The Teddy Roosevelt stockpile of 6 million Silver ounces was depleted in 2003. He saw the strategic importance of Silver for industrial and military applications. The USEconomy and USMilitary will turn into importers on the global market.
  3. The betrayal of China by USGovt in Gold & Silver leases is a story coming out slowly. The deal was cut in 1999, associated with Most Favored Nation granted to China. But the Wall Street firms broke the deal, betrayed the Chinese, and angered them into highly motivated action. No longer are the Chinese big steady USTBond buyers, part of the deal also.
  4. Every single US financial market has been undermined and corrupted from grotesque intervention, constant props, and fraudulent activity. The degradation has occurred under the watchful eyes of compromised regulators. Fraud like the Flash Crash and NYSE front running by Goldman Sachs is protected by the FBI henchmen.
  5. The USEconomy operates on a global credit card, enabling it to live beyond its means. The USGovt exploits the compulsory foreign extension of credit in USTBonds, by virtue of the USDollar acting as global reserve currency. Foreign nations are compelled to participate but that is changing.
  1. The USMilitary conducts endless war adventures for syndicate profits. They use the USTreasury Bond as a credit card. The wars cost of $1 billion per day is considered so sacred, that it is off the table in USGovt budget call negotiations, debates, and agreements.
  2. Narcotics funds have proliferated under the USMilitary aegis. The vertically integrated narcotics industry is the primary plank of nation building in Afghanistan. The funds keep the big US banks alive from vast money laundering.
  3. No big US bank liquidations have occurred, despite their deep insolvency. Any restructure toward recovery would have the liquidations are the first step. The USEconomy is stuck in a deteriorating swamp since the Too Big To Fail mantra prevents the urgent but missing step.
  4. The unprosecuted multi-$trillion bond fraud over the last decade has harmed the US image, prestige, and leadership. The main perpetrators are the Wall Street bankers and their lieutenants appointed at Fannie Mae and elsewhere. They bankers most culpable remain in charge at the USDept Treasury and other key supporting posts like the FDIC, SEC, and CFTC.
  5. The ugly daughters Fannie Mae and AIG are forever entombed in the USGovt. They operate as black hole expenses whose fraud must be contained. The costs involved are in the $trillions, all hidden from view like the fraud. Fannie Mae remains the main clearinghouse for several $trillion fraud programs still in operation.
  1. The US banking system cannot serve as an effective credit engine dispenser, an important function within any modern economy. It is deeply insolvent, and growing more insolvent as the property market sinks lower in valuation. The banks lack reserves, and hide their condition by means of the FASB permission to use fraudulent accounting.
  2. The big US banks are beneficiary of continuous secret slush fund support from the USGovt and USFed. Their sources and replenishments have been gradually revealed. The TARP Fund event will go down in modern history as the greatest theft the world has ever seen, easily eclipsing the biggest mortgage bond fraud in history.
  3. The insolvent big US banks continue to sit at the  USGovt teat. The vast umbilical cord of banker welfare has not gone away. Goldman Sachs still is in control of the funding machinery.
  4. The shadow banking system based upon credit derivatives keeps interest rates near 0%. The usury cost of money is artificially low near nothing. As money costs nothing, capital is actively and rapidly destroyed.
  5. A vast crime syndicate has taken control of the USGovt. A vast crime syndicate has taken control of the USMilitary. A vast crime syndicate has taken control of the USCongress. A vast crime syndicate has taken control of the US press networks.
  1. A chronic decline of the US housing sector keeps the USEconomy in a grand decline with constant deterioration. With one million bank owned homes in inventory, a huge unsold overhang of supply prevents any recovery of housing prices. Home equity continues to drain, and bank balance sheets continue to erode.
  2. Over 11 million US homes stand in negative equity. The sum equals to 23.1% of households. They will not participate much in the USEconomy, except when given handouts. They have become downtrodden.
  3. The USEconomy will not benefit from a export surge. The US industrial base has no critical mass after 30 years of dispatch to the Pacific Rim & China. The industry must contend with rising costs in offset to the falling USDollar, which is cited as providing the mythical benefit. Then can export in droves if they do so at a loss.
  4. A global revolt against the USDollar is in its third years. The global players work to avoid the US$ usage in trade settlement. Several bilateral swap facilities flourish, mostly with China. If China supplies products, then the Yuan currency will be elevated to global reserve currency.
  5. Global anger and resentment over three decades has spilled over. The World Bank and IMF have been routinely used by the US bankers to safeguard the USDollar and Anglo banker hegemony. Neither financial agency commands the respect of yesteryear.
  1. A middle phase has begun in a powerful Global Paradigm Shift. The transfer moves power East where the wealth engines of industry lie, far from the fraudulent banking centers. The next decade will feature the Chinese as bankers, since their war chest contains over $3 trillion.
  2. The crumbling global monetary system was built on toxic sovereign debt. Legal tender has been nothing more than denominated debt posing as legitimate by legal decree. That is what word FIAT means. The system is gradually breaking in an irreversible manner.
  3. The global central bank franchise system has been discredited. It is a failure, which is not recognized by the bank leaders still in charge. The stepwise process of ruin continues with a new sector falling every few months. Next might be municipal bonds.
  4. Witness the final phase of a systemic cycle, as the monetary system has run its course. It is saturated with debt from faulty design. The deception cited in the mainstream media focuses upon the credit cycle which will renew. It will not. It will break of its own weight and lost confidence.
  5. The recognition has grown substantially that suppression of the Gold price has been the anchor holding fiat system together. The Chinese realize that Gold, when removed, leads to the collapse of the US financial system. They realize it more than the US public. But the syndicate in control of the USGovt understands the concept very well, as they designed the system.
  1. The institution of a high level global barter system might soon take root. Gold will sit at its central core, providing stability. No deadbeat nations will participate. That includes the United States and several European nations. The barter system will be as effective as elegant.
  2. The movements spread like wildfire in several US states to reinstitute gold as money. In a few states, led by Utah and Virginia, progress has been made for Gold to satisfy debts, public & private. Consider the movement to be in parallel to the Tenth Amendment movements.
  3. Anglo bankers have lost control in global banking politics. The phased out G-7 Meeting is evidence. China has wrested control of G-20 Meeting, and has dictated much of its agenda in the last few meetings. The US has been reduced to a diminutive Bernanke and Geithner being ignored in the corner.
  4. New loud stirrings by Saudi Arabia seek a new security protector. If security is no longer provided by the USMilitary, then the entire defacto Petro-Dollar standard is put at risk. Remove the crude oil sales in USDollars exclusively, and the US sinks into the Third World with a USDollar currency that cannot stand on its own wretched wrecked fundamentals.
  5. The IMF solution to use SDR basket as global reserve is a final desperate ploy. By fashioning a basket of major currencies in a basket, they attempt to enforce a price fixing regime. It is a hidden FOREX currency exchange rate price fixing gambit that will invite a Gold price advance in uniform manner across the currencies bound together. This ploy is being planned in order to prevent the USDollar from dying a horrible death at the expense of the other major currencies. By that is meant at the expense of the other major economies which would otherwise have to operate at very high exchange rates.

THE BIGGEST UPCOMING NEW FACTORS

Introduction of a New Nordic Euro currency is near its introduction. The implementation with a Gold component will send Southern European banks into the abyss, marred by default. The new currency has the support from Russia and China, even the Persian Gulf. In my view, it is a USDollar killer. The first nations to institute a new monetary system for banks and commerce will be the survivors. The rest will slide into the darkness of the Third World.

Gold & Silver seem to be the only assets rising in price, an extension of a terrific 2010 decade. The exceptions are farmland and the US Stock market. However, stock valuations are propped by constant and admitted USGovt support. Their efforts are mere attempts to keep pace with the USDollar decline, as stocks merely maintain a constant purchase power.

A hidden overarching hand seeks the global Gold Standard as the bonafide solution. Darwin is at work, but Adam Smith turns a new chapter. The crumbling monetary solution demands a solution. Further investment in the current system assures a devastating decline into the abyss of insolvency and ruin.

THE HAT TRICK LETTER PROFITS IN THE CURRENT CRISIS.

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Jim Willie CB is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics. His career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Visit his free website to find articles from topflight authors at  www.GoldenJackass.com. For personal questions about subscriptions, contact him at  [email protected]