The financial collapse of the Eurozone may be upon us. This Wednesday, September 12, the Federal Constitutional Court of Germany must decide whether it is legal for Germany to participate in the financial bailouts of other nations in the Eurozone.If Germany votes NO, then Germany stops bailing out Greece, Spain and other nations on the brink of financial disaster. Sometime in the coming days, weeks or, in the best case, a few months, European nations start collapsing, complete with bank holidays, riots in the streets and almost certainly martial law.If the German court votes YES to the continued financial bailouts, then Germany must crank up the printing presses and start creating money at such a rapid pace that hyperinflation becomes almost inevitable.
The mainstream media in the United States is almost totally ignoring one of the most important trends in global economics. This trend is going to cause the value of the U.S. dollar to fall dramatically and it is going to cause the cost of living in the United States to go way up. China and Russia have been spearheading a movement to shift away from using the U.S. dollar in international trade. At the moment, the shift is happening gradually, but at some point a tipping point will come (for example if Saudi Arabia were to declare that it will no longer take U.S. dollars for oil) and the entire global financial system is going to change.When that tipping point comes the global demand for U.S. dollars is going to absolutely plummet and nightmarish inflation will come to the United States. If such a scenario sounds far out to you, then you have not been paying attention. In fact, China and Russia have been working very hard to move us toward exactly such a scenario.
So rather than get bogged down in statistics from the Republicans or emotional and deceptive rhetoric from Barack Obama, let's look at a real-life and current example of where this nation is headed: Spain.So what is happening in Spain today, and what is its future? Their real estate bubble burst in 2007-2008. The construction industry collapsed, throwing hundreds of thousands out of work. Home prices have fallen by nearly 50%, leaving many homeowners owning property worth less than their mortgages. Spanish banks were left with a mounting pile of bad mortgage debts which have required major bailouts from the government and the European Central Bank.
As it loses its sovereignty, Spain finds itself in a vortex from which it cannot escape. It has entered into a second recession within three years. It has no money to combat this dilemma, as the private sector is collapsing, and so, as a result, are tax revenues, and the government is stuck with massive social programs. The national unemployment rate as of August 2012 is 24.6%, but for the young (16-24 years of age) it is now 52.9%. For those between the ages of 20 and 29, the rate is 39%. People are withdrawing and hoarding what cash they have, and many are moving to other countries. Tax revenues thus continue to decline, and few businesses will contemplate a start-up or move to Spain under these circumstances. The nation cannot cut spending beyond a certain point without fomenting a national upheaval, and it cannot promote programs to grow the economy. A financial and societal collapse is thus inevitable.
The United States is on the same path.
Moody’s Investors Service said it may join Standard & Poor’s in downgrading the U.S.’s credit rating unless Congress reduces the percentage of debt-to-GDP during budget negotiations next year. “Everybody knows that if we don’t get our house in order, we’re in trouble,” said Thomas Roth, senior Treasury trader in New York at Mitsubishi UFJ Securities USA Inc. “If you get downgraded twice, you’re certainly not going to lend to that government at a lower rate.”
The Bush tax cuts are set to expire at year-end. Plus, the new 3.8% Medicare surtax on investment income collected by higher-income individuals is scheduled to take effect next year. The combined tax-hiking impact of these two events has been dubbed “Taxmageddon.”
Thanks to the FBI, the United States government will soon have a nationwide system in place capable of monitoring and identifying “persons of interest” virtually anywhere.NGI is designed to integrate with surveillance camera systems across the country. An algorithm will be used to automatically scan surveillance video and compare faces to criminal mugshots to alert authorities when wanted suspects are identified. The FBI database will also have the ability to identify unique scars or tattoos on potential suspects.For privacy advocates, though, there’s a huge difference between using your own biometric features as a security measure to protect your computers and mobile devices, and “Big Brother” rolling out a nationwide system to automate the capability to spy on the entire population. Privacy advocates are concerned about the possible abuse of the system, or the prospect that unauthorized users might be able to hack the system and gain access to sensitive data.
Agenda 21 is the central manifesto of a complex and subversive United Nations strategy for either dictating to, or bypassing the governments of sovereign nations. It is a method to control society and globally redistribute wealth in the names of environmentalism and by the sociopathic standards of socialism, economicand social justice.
Many euphemisms are used for its set of goals and plans, the chief being “sustainable development.” It has also become the core strategy for the overall U.N. Millennium Development Goals.
It is by definition, one-world government.Whether or not you agree or disagree with Agenda 21 and its above statements, there is no doubt that it ishappening and it is being implemented on a global scale. See the “Forum on Youth Sustainability Action” at the Rio+20 United Nations Conference on Sustainability, that was held in June 2012. Just one of many example’s that the United States is officially and fully involved and committed to this Agenda.
US Ambassador Chris Stevens and three other Americans were killed in Libya Tuesday in an attack by Muslim extremists on the US Consulate in Benghazi.
The protesters said they were angry over a film they said ridiculed the founder of Islam, the Muslim Prophet Mohammed.The film was produced by expatriate members of Egypt's Christian minority who are residents in the United States.
The mob set fire to the building during the attack, witnesses and officials said. Rocket-propelled grenades (RPGs) were fired at the consulate from a nearby farm.
Britain's Channel 4 has canceled a planned screening of the documentary, “Islam: The Untold Story” after threats of violence. Film presenter Tom Holland was threatened with violence by unnamed Muslim extremists, according to reports in British media.
A show of strength from Salafists on 9/11 to remind Americans who’s winning these days in the Middle East. The newsworthy part isn’t the protest — we already know what a mob can do to an embassy in Cairo — but the reaction from the embassy. When this tweetstarted circulating a few hours ago, I thought it might be a parody account. Afraid not. The official statement from the embassy website:The Embassy of the United States in Cairo condemns the continuing efforts by misguided individuals to hurt the religious feelings of Muslims – as we condemn efforts to offend believers of all religions. Today, the 11th anniversary of the September 11, 2001 terrorist attacks on the United States, Americans are honoring our patriots and those who serve our nation as the fitting response to the enemies of democracy. Respect for religious beliefs is a cornerstone of American democracy. We firmly reject the actions by those who abuse the universal right of free speech to hurt the religious beliefs of others
Palestinian Authority Prime Minister Salaam Fayyad attempted to contain mounting domestic pressure in the West Bank on Tuesday by announcing a series of limited austerity measures. But the public protests across the West Bank that turned violent on Monday are no longer directed at Fayyad alone and may have already spun out of control, Palestinian observers say.
Israeli families dropped whatever they were doing and raced for shelter once more Wednesday, as shelling from Gaza resumed in the south.
Palestinian Authority terrorists sent mortar shells flying at a town not far from the Gaza border at around the time that children were arriving at school, and their parents arriving at work.
Partisans of political Islam do not hide that their political ideal is Islamic state, where basic rules are set up by Koran and hadiths. Some cannot wait for the state to come true, they take up arms, other engage in political activity.The war on terror announced shortly after WTC destruction in no way referred to the terrorists' ideology, common to all Islamists, also those disapproving terrorist methods. Those both groups were influenced by the same ideology created by Muslim fundamentalists. So it is not big difference in term of the goal, that some of them use violence and some reject it. Both want Islamic state, and we, 11 years after 9/11, we still do not believe them.
Nobody knows where the next pandemic flu will come from. Now, scientists have evidence that influenza strains common in commercial pig herds can mutate in a way that would allow them to infect humans and spread easily among them.
The study, published Monday in Proceedings of the National Academy of Sciences, found that a flu strain isolated from pigs was able to spread among ferrets and killed them with ease. Ferrets are commonly used in flu studies because they have human-like responses to flu.
World leaders must take swift action to avert a possible food price shock in 2013, Mexico’s President Felipe Calderon says, warning unchecked price volatility in staple food items could trigger an escalation in poverty to crisis levels.
“I'm afraid that this new phenomenon of rising of prices of food around the world will provide a new round of crisis related with poverty,” Calderon told CNBC in an exclusive interview on Tuesday.
“The problems in Africa, even the Arab spring, in my opinion are some way or another related to the price of food,” Calderon said, adding that next year could mark “a new round of very high prices.”
“All the countries should do something and quickly in order to avoid any social and political turmoil around the world,” he added.
He continued: “What I’ve discovered is this: politics is the religion of people who don’t know God…They treat it as everything. Again, there’s nothing wrong with politics; it’s just not the savior.”