(Flashback) Mind Blowing Speech by Robert Welch in 1958: How Insiders Plan to Destroy America

‘Obamanomics’ fulfills exactly the master plan of the elite described by Robert Welch.I have always said that Obama is just another puppet of the elite (like Bush, McCain, Clinton etc.).Proof that the NEW WORLD ORDER has been planned by the elite. Robert Welch, Founder of The John Birch Society, predicted today’s problems with uncanny accuracy [...] continue reading world news

US: 46 States Face Greek-Style Debt Crises

Warren Buffett, Arnold Schwarzenegger and Jacob RothschildThe Greatest Depression is here.Arnold Schwarzenegger, governor of California, speaks to the state assembly about his proposed budget in Sacramento, California. Californians don’t see much evidence that the worst economic contraction since the Great Depression is coming to an end.Unemployment was 12.4 percent in May, 2.7 percentage points higher [...] continue reading world news

RBS tells clients to ‘think the unthinkable’ and prepare for ‘monster’ money-printing by the Fed

As recovery starts to stall in the US and Europe with echoes of mid-1931, bond experts are once again dusting off a speech by Ben Bernanke given eight years ago as a freshman governor at the Federal Reserve.Entitled “Deflation: Making Sure It Doesn’t Happen Here”, it is a warfare manual for defeating economic slumps [...] continue reading world news

Venezuela To Nationalize US Firm’s Oil Rigs

* Rigs were idled for months in PDVSA payments dispute * Minister said idled rigs opposition ploy against Chavez* Socialist government has nationalized many industries* Giants Halliburton and Schlumberger also in VenezuelaCARACAS, June 23 (Reuters) - Venezuela will nationalize a fleet of oil rigs belonging to U.S. company Helmerich and Payne, the latest takeover in [...] continue reading world news

Greece Puts Its Islands Up For Sale In Order To Survive

Desperate attempt to repay debts also driven by inability to find funds to develop infrastructure on islands Greece is raising cash by selling off an area of state-owned land on Mykonos for luxury tourism. There’s little that shouts “seriously rich” as much as a little island in the sun to call your own. For Sir [...] continue reading world news

Elite puppet financier George Soros tells Germany to step up to its responsibilities, or leave EMU

- EURO ‘COLLAPSE‘ COULD DRAG EUROPE INTO CONFLICT (Express): THE euro is on the verge of a collapse that could drag Europe into conflict, billionaire financier George Soros warned yesterday.The veteran investor said massive budget cuts proposed by Germany could destabilise the European Union by dragging down its neighbours’ economies.He said: “German policy is a [...] continue reading world news

Gold Reclaims Currency Status As Global System Unravels

Gold is the money of the elite and the rest is worthless paper backed by nothing.We already know that the eurozone money markets seized up violently in early May as incipient bank runs spread from Greece to Portugal and Spain, threatening the first big sovereign default of our era. [...] continue reading world news

Energy Firms Paid To Shut Down Wind Farms During Wind

Britain’s biggest wind farm companies are to be paid not to produce electricity when the wind is blowing. Energy firms will receive thousands of pounds a day per wind farm to turn off their turbines because the National Grid cannot use the power they are producing Energy firms will receive thousands [...] continue reading world news

Lord Rothschild fund invests £12.5 million into BullionVault

Again: Only physical gold (held by you) is real, everything else is an illusion.Is it safe in a bank? - James G. Rickards: Possible Run on the Gold Bank, Fed Insolvent, Currency Endgames in US Debt Crisis:Holding your gold in a bank correlates you to the banking system, the very risks which you are trying [...] continue reading world news

Saudi Arabia: Gold Reserves Over Twice Previous Estimate

Surprise!AP Business Writer= CAIRO (AP) — Saudi Arabia’s central bank holds more than twice the amount of gold previously estimated, a shift that analysts said reflected more of an accounting adjustment than an indication the oil rich nation was veering away from its conservative reserve policy.A June report by the World Gold Council, an industry [...] continue reading world news

China pledges to ‘increase the renminbi’s exchange-rate flexibility’

- Mike Krieger: This Is The Last Dance:They refuse to allow the yuan to strengthen because they know that once they do that it will mark the real end of the dollar era. So instead they are spending like crazy on infrastructure ahead of them allowing the dollar to plunge.  Then the strong yuan will [...] continue reading world news

And Now Financial Scandals: The Hidden Wealth Of The Catholic Church

See also:- The Intelligence² Debate - Stephen Fry: ‘The Catholic Church is Not a Force For Good in the World’Cologne Cardinal Joachim Meisner, whose monthly stipend of 11,300 euros is paid by the government under a centuries-old agreement. Meisner and many of his fellow ministers aren’t the only ones to receive public stipends. Year after [...] continue reading world news

Spain: The New Crisis In Euroland

European leaders meet in Brussels today amid growing fears that Spain, Europe’s fifth-largest economy, is preparing to ask for a bailout which would dwarf the €110bn (£90bn) rescue plan for Greece.The Spanish government yesterday dismissed reports that it was already in discussions with the European Commission, International Monetary Fund and the US Treasury for a [...] continue reading world news

CNBC’s Cramer Calls Market ‘Stupid, Rapacious, Arbitrary, Capricious And Downright Ridiculous’, Tells Viewers To Stay Out

After catching a few soundbites of Cramer’s spiel today, we were stunned: for once theStreeter did not lose his marbles over an engineered, 20 handle, 200DMA breakout rally.Quite the opposite. In what is likely a first, the Mad Money host actually told his viewers it is time to get out of the market: “I am [...] continue reading world news

Hours After Debt Downgrade Greece Gets Vote of Confidence From China

Chinese sign multibillion euro contracts with Greece Greece’s prime minister George Papandreou welcomes Chinese vice-premier Zhang Dejiang who brought good news to the debt-ridden country. Greece’s debt-ridden economy has received unexpected endorsement from China as the two countries announced multibillion euro accords to boost cooperation in fields as diverse as shipping, tourism and telecommunications.The [...] continue reading world news

Fitch Cuts BP’s Credit Rating to Two Levels Above ‘Junk’

The BP Plc company logo is displayed on a sign at a BP gas station in Romford, U.K. (Bloomberg)June 15 (Bloomberg) — BP Plc’s credit rating was cut to two levels above “junk” by Fitch Ratings on concern over the potential cost of cleaning up the Gulf of Mexico oil spill and meeting future liabilities.BP’s [...] continue reading world news

No Secrets! WikiLeaks Founder Julian Assange’s Mission For Total Transparency

Assange, the founder of WikiLeaks, oversees a populist intelligence network. Digitally altered photograph by Phillip Toledano.The house on Grettisgata Street, in Reykjavik, is a century old, small and white, situated just a few streets from the North Atlantic. The shifting northerly winds can suddenly bring ice and snow to the city, even in springtime, and [...] continue reading world news

Bilderberg 2010: The Power Gallery

- Bilderberg 2010: Final (Official) List of Participants:Henry Kissinger, Larry Summers, Robert Rubin and Paul Volcker at Bilderberg 2010.Change we can believe in! (Kissinger: Obama Will Create A New World Order)Henry Kissinger, diplomat, strategist, Nobel laureate, wanted for questioning in Spain over war crimesQueen Beatrix of the Netherlands, major stakeholder in Royal Dutch ShellViscount Etienne [...] continue reading world news

Deutsche Bank: ‘America’s Foreclosure King’ - How The US Became A PR Disaster

Read the article in German here.And Joseph Ackermann was at Bilderberg 2010:- Bilderberg 2010: Final (Official) List of ParticipantsPart 1: How the United States Became a PR Disaster for Deutsche BankAccording to real estate expert Steve Dilbert, “some 85 to 90 percent of all outstanding mortgages in the USA are ultimately controlled by four banks, [...] continue reading world news

US government debt to rise to $19.6 trillion by 2015

Totally unsustainable. Prepare for collapse.- US: $13 Trillion Debt Poised to Overtake GDP (Chart of Day)Doomed!WASHINGTON June 8 (Reuters) - The U.S. debt will top $13.6 trillion this year and climb to an estimated $19.6 trillion by 2015, according to a Treasury Department report to Congress.The report that was sent to lawmakers Friday night with [...] continue reading world news

Germany’s Federal Constitutional Court Considers Unconstitutional Euro Bailout

Commentary:This unconstitutional bailout is not about rescuing the euro or helping the people of Greece.It is a bailout for the banksters, looting the people (especially the Germans):- Former Bundesbank Head Karl Otto Pöhl: Bailout Plan Is All About ‘Rescuing Banks and Rich Greeks’:Added to this is the fact that, against all its vows, and against [...] continue reading world news

Rogue Trader Jerome Kerviel’s Defence: The Insanity of The Global Banking Culture

“No doubt I committed errors,” he wrote. “I overrode the usual methods, loaded false data to disguise gains, as well as losses. In a word, I pushed the system to its limit… But [what] was happening around me? [A] giant fraud perpetrated by all the trading floors in the world. To get good results, any [...] continue reading world news

The Scariest Job Chart Ever Just Got Even Scarier

We’ve dubbed this chart the “Scariest Job Chart Ever,” as it shows how the decline in employment is WAY uglier than in past recessions.Calculated Risk has updated it with the latest numbers from this morning, and now it looks even scarier.Why?Check out the two red lines at the bottom. The solid one includes Census hiring, [...] continue reading world news

Even Bild Zeitung, Germany’s biggest newspaper, covers Bilderberg 2010

See also: Bilderberg 2010: Final (Official) List of ParticipantsThe following article is in German (You can use ‘Google Translate’ for it.).Finally Bilderberg meetings get some media coverage.Sie treffen sich jedes Jahr. Ihr Thema: Die weltweite Wirtschaftslage, der Finanzmarkt – und die Eurokrise. Alles weitere: top secret!Der Geheim-Gipfel mit hochrangigen Persönlichkeiten, unter anderem aus Politik und [...] continue reading world news

Bilderberg 2010: Final (Official) List of Participants

Bilderberg MeetingsSitges, Spain 3-6 June 2010Final List of ParticipantsHonorary Chairman BEL Davignon, Etienne Vice Chairman, Suez-TractebelDEU Ackermann, Josef Chairman of the Management Board and the Group Executive Committee, Deutsche Bank AGGBR Agius, Marcus Chairman, Barclays Bank PLCESP Alierta, César Chairman and CEO, TelefónicaINT Almunia, Joaquín Commissioner, European CommissionUSA Altman, Roger C. Chairman, Evercore Partners Inc.USA [...] continue reading world news

European Debt Crisis Worsens: Now Hungary Warns of Greek-Style Crisis

- Hungary Warns of Greek-Style Crisis (New York Times):PRAGUE — Fears that the debt crisis could migrate to central Europe were stirred Friday after a senior Hungarian government official said the previous government had manipulated budget figures and lied about the state of the economy, but most financial experts dismissed the remarks as a [...] continue reading world news

Spanish PM to Open Secretive Bilderberg Club Meeting in Sitges

- Bilderberg 2010: The Shadowy Global Elite Is Meeting In Sitges (Guardian)- Times Archive, 1977: An exclusive club: On Thursday, 120 people will gather in Torquay. Henry Kissinger will be there, so will Helmut Schmidt, Baron Rothschild and Mrs ThatcherSpanish prime mininster Jose Luis Rodriguez Zapatero is expected to open this year’s meeting of the [...] continue reading world news

Goldman Sachs To Spend $621 Million Fine to Settle SEC Fraud Case

Janet Tavakoli is absolutely correct when she says that the SEC is totally incompetent:- Janet Tavakoli and David Fry on Financial Reform & Goldman Sachs LawsuitJust to put $621 million into perspective:- Perfect Timing: Goldman Sachs Set to Pay £3.5 Billion in Bonuses For Just 3 Months’ Work! (Times) “Champagne for EVERYBODY!!!” Goldman Sachs Likely [...] continue reading world news

BP shares suffer biggest one-day fall, lost £44bn market value since rig exploded

Workers in Louisiana tackle oil from the Deepwater Horizon leak. BP will try again to cap the oil well later this week. (Reuters)Shares in BP plunged as much as 20% at one stage this morning - wiping another £14bn off the company’s market value - after the oil producer failed over the weekend to stop [...] continue reading world news

Former Bundesbank Head Karl Otto Pöhl: Bailout Plan Is All About ‘Rescuing Banks and Rich Greeks’

Unconstitutional:- France’s Europe Minister Pierre Lellouche: Eurozone Bailout Violates EU Laws“Against all its vows, and against an explicit ban within its own constitution, the European Central Bank (ECB) has become involved in financing states.”Karl Otto Pöhl was head of the German central bank, the Bundesbank, from 1980 to 1991.Bailout Plan Is All About ‘Rescuing Banks [...] continue reading world news