Kevin Hayden – TruthisTreason.net

Source: Intel Hub

For years, the alternative media has warned about the US military being used against the American people in a time of economic collapse or any sort of martial law scenario.

Drills such as Vigilant Guard 2010 have brought widespread attention to the fact that portions of our own military are training to take on crowds of American citizens demanding food and Constitutional rights in a time of crisis.

Now, a new release by the website Public Intelligence, once again confirms that as recently as February and March of 2012, US troops at Joint Base Lewis-McChord in Washington were conducting training scenarios for a civil disturbance domestic quick reaction force.

A series of photos of the drills shows US troops with crowd control riot shields on the opposite side of actors portraying what can only be described as American citizens.

“The following photos are from March and February of this year and were taken at Joint Base Lewis-McChord, Washington.  The first four photos from March depict riot control training for a “domestic quick reaction force” that would aid in civil disturbances....

Kevin Hayden – TruthisTreason.net

Source: SHTF Plan by Mac Slavo

See also: The Georgia Guidestones, global elite, and population levels

Researchers at one of the world’s leading think tanks have developed a computing model that predicts serious implications for our way of life as a result of our incessant need to consume resources like oil, food, and fresh water. According to a team of scientists at the Massachusetts Institute of Technology, the breaking point will come no later than 2030, and when it does, we can expect a paradigm shift unlike any we have seen before in human history – one that will not only collapse the economies of the world, but will cause food and energy production to decrease so significantly that it will lead to the deaths of  hundreds of millions of people in the process.

The recent study, completed on behalf of The Club of Rome, an organization which issued it’s own findings on ‘peak everything’ back in the 1970′s in a controversial environmental report dubbed The Limits to Growth (video), takes into account the relations between various global developments and produces computer simulations for alternative scenarios....

Kevin Hayden – TruthisTreason.net

Source: SHTF Plan by Mac Slavo

“In a nutshell, it’s the blueprint for Peacetime Martial Law and it gives the president the power to take just about anything deemed necessary for “National Defense”, whatever they decide that is.” (The Intel Hub)

While millions of people have been preparing for the possibility of a catastrophic event by relocating to rural homesteads or farms, as well as stockpiling food, water, personal defense armaments and other essential supplies with the intention of utilizing these preparations if the worst happens, the latest executive order signed by President Obama on March 16, 2012 makes clear that in the event of a nationally deemed emergency all of these resources will fall under the authority of the United States government.

Hayden’s Counterpoint:

While I find this EO to be interesting, and most certainly enjoy the work of Activist Post, Intel Hub, and SHTF Plan, I must agree with Doug Mataconis on this matter:

It all sounds pretty scary, and it wasn’t long before the usual suspects were citing this as evidence of some kind of plan for martial law, just as there were people on the left and far-right in asserting that George Bush was going to declare martial law and cancel the elections in 2004 and 2008.

...

Kevin Hayden – TruthisTreason.net

Here is what 15 Trillion dollars look like.  The blocks of money are stacks of $100 bills worth $10,000 each.  Welcome to the 2011 United States Federal Debt.

2012 is already slated at $16.4 Trillion.

Possible photo credit @ Divine Cosmos...

Kevin Hayden – TruthisTreason.net

Source: Daily Mail by MARK DUELL

Just when you thought unemployment was dropping and stock markets were surging back, these three analysts today sent out a stark warning to Americans to brace for another financial crash.

Hayden’s Note:

….And this is a surprise?  I’ve written about this very topic for years now.  It’s painfully obvious to anyone paying attention that there will be another financial crash.  As for when, and the severity, is anyone’s guess.  Investing in tangibles, making long-term preparedness plans, and enjoying life is all you can do at the moment, so why get stressed out about it?

Trend forecaster Gerald Celente advises buying a gun to protect your family, stocking up on gold if the dollar crashes and planning a getaway, so it’s no shock he’s preparing for an ‘economic 9/11’.

Share prices and unemployment are posting their best figures in four years since the recession hit, but Mr Celente, along with authors Harry Dent and Robert Prechter, says the rebound won’t last.

All three were profiled in a USA Today feature on Monday. Mr Dent, who had The Great Crash Ahead published last September, believes stocks are simply experiencing an artificial short-term boost....

Kevin Hayden – TruthisTreason.net

Source: Michael Snyder

Is the USA still #1?  Well, there are many things that America is still the best in the world at, but unfortunately a lot of those categories are nothing to be proud of.  Once upon a time the United States was the greatest nation on earth, but now we are a nation that is in a horrific state of decline.  Just consider a few of the embarrassing things that America leads the world in: obesity, crime, divorce, teen pregnancy, child abuse deaths and government debt.  The statistics that you are about to read below are incredibly disturbing.

It is time to realize that we will never be able to start fixing our problems until we take a really good look in the mirror and realize just how far we have fallen.  America is not the country that it once was.  America is a complete and total mess and just “tweaking” a few things here and there is not going to return this nation to its former glory.  We have forgotten the things that once made us great, and if we do not return to them we will continue to fall apart as a nation....

Kevin Hayden – TruthisTreason.net

NDAA Nullification Passes Virginia Senate by a Veto-Proof 39-1 Vote
Today, the Virginia Senate took a firm stand in support of liberty, the Constitution for the United States, and the Constitution of Virginia by voting in favor of House Bill 1160 (HB1160), the “NDAA Nullification Act.”

Goodbye, First Amendment: ‘Trespass Bill’ will make protest illegal
Just when you thought the government couldn’t ruin the First Amendment any further: The House of Representatives approved a bill on Monday that outlaws protests in instances where some government officials are nearby, whether or not you even know it.

More bad news: U.S. water bills to triple
Yet another great reason to get your own piece of land or install a private water well!  I’m about to install a manual water pump out at my shipping container homesteading effort, the Elysian Fields Project.  This will also protect you against a grid-down situation. The ability to provide for yourself is of the utmost importance these days.

Society’s Five Stages of Economic Collapse
While it can be accelerated by certain events like war, a natural disaster, pandemic, terrorist attack, or even an impending asteroid impact, history has shown that economic collapse will essentially happen in this five stage process....

Kevin Hayden – TruthisTreason.net

Source: Star Tribune via Cryptogon.com

State representatives advanced legislation to launch a study into what Wyoming should do in the event of a complete economic or political collapse in the United States.

House Bill 85 passed on first reading by a voice vote. It would create a state-run government continuity task force, which would study and prepare Wyoming for potential catastrophes, from disruptions in food and energy supplies to a complete meltdown of the federal government.

The task force would look at the feasibility of Wyoming issuing its own alternative currency, if needed. And House members approved an amendment Friday by state Rep. Kermit Brown, R-Laramie, to have the task force also examine conditions under which Wyoming would need to implement its own military draft, raise a standing army, and acquire strike aircraft and an aircraft carrier.

The bill’s sponsor, state Rep. David Miller, R-Riverton, has said he doesn’t anticipate any major crises hitting America anytime soon. But with the national debt exceeding $15 trillion and protest movements growing around the country, Miller said Wyoming — which has a comparatively good economy and sound state finances — needs to make sure it’s protected should any unexpected emergency hit the U.S....

Kevin Hayden – TruthisTreason.net

Source: Michael Snyder, Economic Collapse Blog - Truth Contributor

Any financial system that is based on debt is doomed to fail.  Today, we are living in the greatest debt bubble that the world has ever seen, and if all of a sudden people could not use credit to buy things, our economy would immediately grind to a halt.  Unfortunately, no debt bubble can last forever.

Hayden’s Note:

Unfortunately?  I’m rather pleased about the fact that we might…just might… be able to allow this debt bubble to burst and start over.  I’m not a fan of over-entending credit.  I’m not a fan of the Federal Reserve.  And I’m certainly not a fan of the insanity that we call modern banking practices.  Let it come crashing down.

When this current debt bubble finally bursts, faith in the financial system is going to disappear, credit is going to freeze up and there is going to be a massive wave of bank failures.  Right now, Greece is a warning sign for the world.  Nobody wants to lend money to Greece, the Greek banking system is dying, one out of every four businesses has already shut down, unemployment is soaring and the Greek economy has now been in recession for five years in a row....

Kevin Hayden – TruthisTreason.net

Source: SHTF Plan , by Mac Slavo - Hayden’s Note at end

James Cameron, the Hollywood producer responsible for blockbuster films like Terminator, Titanic and Avatar, is reportedly preparing to exit stage left. While the move for the Canadian born Cameron may initially be perceived as a rejection or denouncement of American policies and ideals, Cameron, who has made campaign donations to the Democrat Party in the past, most notably during the 2004 Presidential election where he supported democrat John Kerry, may have ulterior motivations, as evidenced by where he’s planning on moving and what he’s planning on doing once he gets there.

From time to time we get a glimpse into the goings on of the well connected. This may be one of those moments:

Cameron has successfully applied to buy 1,067 hectares (2,636 acres) of farmland in New Zealand. In an application filed with the New Zealand Overseas Investment Office, Cameron says he and his family “intend to reside indefinitely in New Zealand and are acquiring the property to reside on and operate as a working farm.”

Source: Associated Press, via Matt Drudge

As we’ve outlined before, farmland is one of the only reasonable physical assets to hold in the event of a major crisis, as you’ll be outside of highly populated metropolitan areas, you’ll have the ability to produce your own food, generate your own energy, and, more so than your urbanite and suburbanite counterparts, stay away from the chaos that will ensue during a major upheaval....

Kevin Hayden – TruthisTreason.net

It’s Friday, so that means Headlines!  I’m headed back to Houston, TX this Sunday for work, so if anyone is in the area and wants to say hello, let’s grab a cup of coffee!

Illinois Semi-Automatic Firearm Owners: Be Aware of HB 1294

MIT Student Develops $3 Cutting-Edge Healing Device, Field Tested in Haiti

CIA to pull officer from NYPD after internal probe

Baby Dies After 9 Vaccines in One Day

Only Two Types of People Will Survive Economic Collapse

American Medical Association Paper Proposes Law Forcing People into Experimental Vaccine Trials

Monsanto’s Infertility-Linked Roundup Found in All Urine Samples Tested

Contemporary Cabins: Artist Retreat

The 10 Rules For Your Emergency Food Pantry

A Perfect Storm of Planetary Proportion: The approach of the solar maximum is an urgent reminder that power grids everywhere are more vulnerable than ever to geomagnetic effects...

Kevin Hayden – TruthisTreason.net

Source: SHTF Plan

Most Americans would consider the following report to be nothing out of the ordinary. But for those in the know, given what has transpired over the last several years, it raises alarm bells:

Joint military training exercises will be held evenings in downtown Los Angeles through Thursday, according to the Los Angeles Police Department.

The LAPD will be providing support for the exercises, which will also be held in other portions of the greater Los Angeles area, police said.

Training sites “have been carefully selected to ensure the event does not negatively impact the citizens of Los Angeles and their daily routine,” a department official said.

The training, which a department official said would involve helicopters, has been coordinated with local authorities and owners of the training sites, police said.

Police said safety precautions have been taken to prevent risk to the general public and military personnel involved.

The exercises are closed to the public, police said.

The exercises are designed to ensure the military’s ability to operate in urban environments, prepare forces for upcoming overseas deployments, and meet mandatory training certification requirements, police said.

...

Kevin Hayden – TruthisTreason.net

During a societal collapse or SHTF scenario, is living in an urban environment a safe and prudent option?

Let’s dive into a few of the aspects and dangers of the cityscape, what to expect, and how you might mitigate some of the threat as you either escape from the concrete jungle or try to ride it out.  This does not apply for short, temporary natural disasters; rather, this will examine a potential economic meltdown, long-term survival situation, possible military action, or perhaps an electromagnetic event of some order that brings down the grid.

Living within a major metropolitan area has its ups and down, its benefits and drawbacks. This applies to any decent sized urban area as they all typically have common systems, such as municipal water and sewage, fragile electrical grids that in many cases provide the power for heating your home and cooking, and finally – people.

Large population centers can be your worst nightmare in a survival situation, as witnessed during Hurricane Katrina and the subsequent social collapse that occurred in New Orleans....

Kevin Hayden – TruthisTreason.net

Source: OilPrice.com

Rarely in the past six decades has global context counted for as much in strategic forecasting — trend analysis — as it does at the dawn of 2012. A study of broad contextual factors, including an expanded view of history, will show how cycles and confluences of trends potentially play a greater disruptive role than at any time since the end of World War II.  We have, in recent writings, stressed the longer-term trends and outlook, but it is important to see how the strategic environment is likely to play out during 2012. Equally, it is important that these trends (and others) are seen collectively, and not separately.

These are not wild predictions and guesses but careful analysis put together by the heads of the International Strategic Studies Association who have a global field collection team of some 200 assets in many countries.

Some of the topics covered in the short report are:

    1. Global Economic and Financial Trends:
    2. Global Energy Supply and Demand:
    3. Strategic Recovery by the US
    4....

Kevin Hayden – TruthisTreason.net

This is a part of a speech made by Peter Schiff, entitled “Why the Meltdown Should Have Surprised No One” at the Ludwig von Mises Institute in 2009.

Peter Schiff is widely credited for having predicted the housing collapse and economic downturn in advance.  He is an investment broker, author and financial commentator. Schiff is CEO and chief global strategist of Euro Pacific Capital Inc. and CEO of Euro Pacific Precious Metals, LLC, a gold and silver dealer based in New York City.

I highly recommend this insightful, easy-to-understand, and at times, humorous animation.  Created by DSBac.

...

Kevin Hayden – TruthisTreason.net

Source: Zero Hedge

Three months ago, Zero Hedge presented the first of many narratives that started the thread of explaining the “unmitigated disaster” that would ensue should the Euro break up, which in the words of authors Stephane Deo and Larry Hatheway, would leads to such mutually assured destruction outcomes as complete bank failure and/or civil war, or far worse.

Because if there is one thing the banks have learned in the aftermath of Hank Paulson, is that scaremongering when bonuses are at stake is the only to get taxpayer money to fund exorbitant lifestyles. Unfortunately, since the first UBS report, despite the best intentions of the status quo, the Eurozone’s plight has only gotten far, far worse, reaching a Lehman-like crescendo when the house of cards threatened to collapse if not for a last minute Fed rescue. However, as Deutsche Bank and every other bank knows well, that measure was merely a short-term fix.

Today, Larry Hataway has released yet another sequel to the original piece, focusing on this so very critical week for Europe, which as Olli Rehn said, must find a solution by Friday or see the EU “disintegrate”, in which the vivid imagery, loud warnings and level of destruction are even greater than before....

Kevin Hayden – TruthisTreason.net

Source: SHTF Plan by Mac Slavo

Hayden’s Note and Opinion at the End

For the better part of two decades FEMA detention camps were believed to be a figment of tin foil hat wearing conspiracy theorists. As more information over the years has been made available through alternative news researchers, it is becoming increasingly clear that the government has been taking steps for quite some time to ensure a rapid and effective response in the event of a national disaster or U.S. military deployment on American soil.

As many of our readers know, the U.S. Senate recently passed the National Defense Authorization Act, which, it has been argued, authorizes the establishment of domestic war zones and the subsequent detention of those who are suspected of engaging in terrorist-related activity - including U.S. citizens. What you may not know, however, is that just days after the passage of the act reports are surfacing that the Federal Emergency Management Agency, under the auspices of the Department of Homeland Security, is requisitioning private contractors to provide services for government, defense & infrastructure pertaining specifically to FEMA activities with respect to emergency services....

Kevin Hayden – TruthisTreason.net

Source: The Daily Bell by Ron Holland – Truth Contributor

Hayden’s Note:

At the end of this article is a copy of the proposed state sovereignty amendment.

Just following Congress, the 2012 presidential campaign and the inability of citizens to influence government policy makes it clear to every American how broken the US political system has become. A few powerful interests run the entire show and the American people are being forced down a dark road to economic destruction. History shows us that Washington is immune to conventional national political action under the present system. What can freedom loving Americans do?

• We can’t change Washington because Congress is owned and controlled by special interests.

• Neither can we take over the establishment control of either political party as the media elites can break, sideline or ignore any candidate that threatens the elite interests.

• Third party efforts at the national level are doomed to failure and an ineffective tool for promoting freedom principles when compared to the successful Ron Paul campaign effort inside the GOP....

Kevin Hayden – TruthisTreason.net

Source: Telegraph

British embassies in the eurozone have been told to draw up plans to help British expats through the collapse of the single currency, amid new fears for Italy and Spain.

As the Italian government struggled to borrow and Spain considered seeking an international bail-out, British ministers privately warned that the break-up of the euro, once almost unthinkable, is now increasingly plausible.

Diplomats are preparing to help Britons abroad through a banking collapse and even riots arising from the debt crisis.

The Treasury confirmed earlier this month that contingency planning for a collapse is now under way.

See also: IMF drawing up £500bn package to save Italy, Spain and the euro

A senior minister has now revealed the extent of the Government’s concern, saying that Britain is now planning on the basis that a euro collapse is now just a matter of time.

“It’s in our interests that they keep playing for time because that gives us more time to prepare,” the minister told the Daily Telegraph.

Continue reading at the Telegraph ->...

Kevin Hayden – TruthisTreason.net

Source: Washington Post via Cryptogon.com

The amount of customer funds missing from accounts at the bankrupt brokerage MF Global “may be as much as $1.2 billion or more,” the trustee overseeing the firm’s liquidation said Monday.

Hayden’s Note:

MF Global.  The Mutha’ F****** Global Collapse.

That would be roughly double previous estimates of about $600 million.

In a statement, trustee James W. Giddens said the estimate is preliminary and “may well change.”

MF Global collapsed while under the leadership of Jon S. Corzine, who was previously governor of New Jersey, a U.S. senator, and the head of Goldman Sachs. MF Global made costly bets on European government bonds.

A variety of federal and industry authorities, including the FBI, have been trying to track down money that should have been kept in customer accounts.

“At present, the Trustee believes that even if he recovers everything that is at US depositories, the apparent shortfall in what MF Global management should have segregated at U.S. depositories may be as much as $1.2 billion or more,” the trustee said in the Monday statement....

Kevin Hayden – TruthisTreason.net

Source: Sovereign Man by Simon Black – Truth Contributor

Your Monies and Positions Are Not Safe

Denver based Barnhardt Capital Management is a futures brokerage firm that focuses on agriculture, round-the-clock broker access, and inexpensive commissions. At least, it used to be.

Barnhardt shuttered its operations yesterday after six-years in the business. The firm’s founder Ann Barnhardt posted the reasons online for the entire world to see:

“I could no longer tell my clients that their monies and positions were safe in the futures and options markets, because they are not. And this goes not just for my clients, but for every futures and options account in the United States. The entire system has been utterly destroyed by the MF Global collapse.”

Hayden’s Note:

This is an excellent article and I recommend that you read it in its entirety.  If you are unsure of what exactly it’s talking about, here are a few beginner articles that may help you understand derivatives and how dangerous they are to our financial existence.  Secondly, I would recommend that you read up on “fractional reserve banking.”
These are easy to understand once they are translated into layman’s terms, so don’t worry.  Once you grasp the concept, this article, and many more economic and financial pieces will begin to terrify you.  My aim is nor to fear-monger, but the magnitude of this is almost unfathomable and the last line of this article, that last quote, is absolutely true – and that goes for not only financial markets, but society....

Kevin Hayden – TruthisTreason.net

Source: Sovereign Man – by Simon Black

Longtime readers know that I don’t spend much time in the United States; I usually swing by for a month or so each year to visit friends and family, and the period in-between visits can often stretch 6-months or more.

This is sufficiently long enough that I notice a lot of changes… some so drastic that they hit me in the head like a baseball bat.

For example, just last week when I was at Los Angeles International Airport, the police set up a checkpoint outside the main entrance as if we were in downtown Baghdad driving into the Green Zone.

And I couldn’t believe my eyes when, driving down Santa Monica Boulevard last Wednesday, I saw a police urban assault vehicle modeled after a US Army mechanized infantry fighting vehicle. It’s designed for one thing: maximum destruction.

It’s truly appalling how police forces across the country have become militarized. The concept of ‘peace officer’ no longer exists. Police are now paramilitary forces who only protect and serve the political class....

Kevin Hayden – TruthisTreason.net

Source: New American, Hayden’s Note near end

It remains unclear exactly why or how the Gadhafi regime went from “a model” and an “important ally” to the next target for regime change in a period of just a few years. But after claims of “genocide” as the justification for NATO intervention were disputed by experts, several other theories have been floated.

Oil, of course, has been mentioned frequently — Libya is Africa‘s largest oil producer. But one possible reason in particular for Gadhafi’s fall from grace has gained significant traction among analysts and segments of the non-Western media: central banking and the global monetary system.

According to more than a few observers, Gadhafi’s plan to quit selling Libyan oil in U.S. dollars — demanding payment instead in gold-backed “dinars” (a single African currency made from gold) — was the real cause. The regime, sitting on massive amounts of gold, estimated at close to 150 tons, was also pushing other African and Middle Eastern governments to follow suit.

Hayden’s Note:

Saddam did the same thing… Invaded and hanged....

Kevin Hayden – TruthisTreason.net

Kevin Hayden – TruthisTreason.net

Source: Zero Hedge

To anyone still believing that capital markets around the world express something other than government policy, the latest news out of China may come as a surprise: “Beijing will buy more shares in China’s biggest banks, in an expression of support for the beleaguered stock market and most concrete state action to date to shore up confidence in the slowing economy.”

Hayden’s Note:

Those of you who despise capitalism or say that the free market doesn’t work need to step back and realize that this is not free market capitalism in action.  This is croni-capitalism, or a corporatocracy.  This is flat-out market manipulation in its most blatant form.  Those corporations and stocks that fail should be left to fail, not propped up by governments.  By bailing them out, they are conveying to the public, “Have faith! Continue to buy and invest!…don’t worry that this stock should have gone under.  Put more money into it.  Their failed policies and ideas will suddenly become great!”

Some mornings I wake up and wish the collapse would hurry up and happen so that we can have a chance at a real free market....

Kevin Hayden – TruthisTreason.net

Source: Zero Hedge

Either the YesMen have infiltrated Italy’s biggest, and most undercapitalied, bank, or the stress of constant, repeated lying and prevarication has finally gotten to the very people who know their livelihoods hang by a thread, and the second the great ponzi is unwound their jobs, careers, and entire way of life will be gone. Such as the head of UniCredit global securities Attila Szalay-Berzeviczy, and former Chairman of the Hungarian stock exchange, who has written an unbelievable op-ed in the Hungarian portal Index.hu which, frankly, make Alessio “BBC Trader” Rastani’s provocative speech seem like a bedtime story.

Only this time one can’t scapegoat Szalay-Berzeviczy “naivete” on inexperience or the desire to gain public prominence. If someone knows the truth, it is the guy at the top of UniCredit, which we expect to promptly trade limit down once we hit print.

Among the stunning allegations (stunning in that an actual banker dares to tell the truth) are the following: “the euro is “practically dead” and Europe faces a financial earthquake from a Greek default“… “The euro is beyond rescue”… “The only remaining question is how many days the hopeless rearguard action of European governments and the European Central Bank can keep up Greece’s spirits.”….”A Greek default will trigger an immediate “magnitude 10” earthquake across Europe....

Kevin Hayden – TruthisTreason.net

Alessio Rastani, a trader, talks to the BBC rather candidly about the inevitable crash of the Eurozone, the stock market and puts things into simple terms.

“This economic crisis is like a cancer….if you just wait…it’s going to keep growing… and it will be too late.”

“Governments don’t rule the world…Goldman Sachs rules the world.  Goldman Sachs doesn’t care about this rescue package and neither do the other big funds.”

He then goes into some simple strategies, such as hedging and protecting your current assets and predicts that within 12 months, millions of peoples’ savings will be wiped out.  He also comments on the 1930′s Great Depression and notes that it was used by a select few to become rich.

However!… I certainly would not be putting my faith and money into US Treasury Bonds OR the US Dollar.  Gold, silver, land, firearms, long-term food and other tangibles will be worth far more than 30-year bonds if a collapse occurs.  Why do you think the Federal Reserve is only investing in short-term bonds?  There will be no Treasury Bonds in 30 years....

Kevin Hayden – TruthisTreason.net

Source: Sal Parkes - Truth Contributor

In Part 3, I shared how the concept of consciousness and our connection to Earth is a critical piece of the puzzle often left out by 2012 mainstream information and scientists. In this post I’ll share the key collective experiences that are manifesting in response to this transition we’re now making. The impacts of this shift are likely to be felt up till 2016 when our solar system has made the full shift.

Hayden’s Note:

See my numerous articles on the subject of barter, local economies, and investing in tangibles.

The Great Shift, Part 4: Growing Evidence

1. The Global Economic Crisis

We are witnessing an inherently flawed economic system that is destined to implode on itself. The debt bubble that has been continually inflated with fiat currency (paper and digital money backed by nothing) and expanded by the fractional reserve banking system has created a ticking financial time bomb.  All the money that has been pumped into our economies in the form of banking bailouts, stimulus packages and quantitative easing measures is only prolonging the inevitable and making matters far worse....

Kevin Hayden – TruthisTreason.net

Source: Economic Prism - M.N. Gordon, Truth Contributor

Falling Flat on its Face

Like the U.S. Treasury, President Obama’s recent jobs proposal is bankrupt.  Quite frankly, we weren’t counting on much.  But that doesn’t mean we still weren’t disappointed by its burdensome emptiness.

The most remarkable thing about the President’s latest jobs creation plan has nothing to do with the actual substance – or lack thereof – included in the initiative.  To the contrary, it’s the idea behind it that’s most noteworthy.  In short, the President actually believes the government can use borrowed money to stimulate the economy. 
If this were true, the trillions of dollars already spent would have produced an epic boom and job creation renaissance.  By this point in the recovery, unemployment would be down and opportunities would be abundant.  Obviously, none of these things have taken place.  Instead, according to a recent Bloomberg National Poll, only 9 percent of the population is confident the economy won’t slide back into recession.

The government, as we’ve seen, is extraordinarily capable of spending boat loads of borrowed money.  Yet there’s no documented proof or empirical evidence that supports the notion that this can grow the economy.  Moreover, simple logic shows it actually shrinks the economy. 

When the heavy hand of government directs borrowed money into activities it favors, it diverts money from the private sector and starves the economy of capital.  What’s more, the activities the government favors, like bridge building and school construction, don’t add productive self-supporting jobs to the economy.  So when the money runs out the economy falls flat on its face....

Kevin Hayden – TruthisTreason.net

Source: Yahoo Finance – The Daily Ticker

Hayden’s Note:

It is interesting to note that this program was sponsored by ScottTrade and appeared on Yahoo Finance.  Just some food for thought…  It’s becoming a mainstream, legitimate concern.  What have you done to hedge yourself against a potential collapse?

The Ayn Rand Institute held its annual “Atlas Shrugged Revolution” dinner Thursday night in New York City.

In attendance were a number of financial luminaries and hedge fund managers, including Peter Schiff of EuroPacific Capital, John Tamny of RealClearMarkets, Dmitry Balyasny of Balyasny Asset Management and Scott Schweighauser of Aurora Investment Management.

The setting was the tony St. Regis Hotel on Fifth Avenue but there was nothing pleasant about the primary message coming from both the speakers and those in attendance: Western civilization is heading for hell and a hand basket, just like Rand predicted in her seminal novel.

In the accompanying video, ARI president Yaron Brook tells Henry why Rand’s devotees believe the global economy is “heading for collapse.”

In a nutshell, Brook believes politicians and policymakers have “no solutions” for the problems facing the globe....