Kevin Hayden – TruthisTreason.net

Source: SurvivalBlog

I’ve often mused about how fun it would be to have a time machine and travel back to the early 1960s, and go on a pre-inflation shopping spree. In that era, most used cars were less than $800, and a new-in-the box Colt .45 Automatic sold for $60. In particular, it would be great to go back and get a huge pile of rolls of then-circulating US silver dimes, quarters, and half dollars at face value. (With silver presently around $30 per ounce, the US 90% silver (1964 and earlier) coinage is selling wholesale at 22 times face value–that is $22,000 for a $1,000 face value bag.)

The disappearance of 90% silver coins from circulation in the US in the mid-1960s beautifully illustrated Gresham’s Law: “Bad Money Drives Out Good.” People quickly realized that the debased copper sandwich coins were bogus, so anyone with half a brain saved every pre-’65 (90% silver) coin that they could find. (This resulted in a coin shortage from 1965 to 1967, while the mint frantically played catch up, producing millions of cupronickel “clad” coins....

Kevin Hayden – TruthisTreason.net

“The environmental agenda has been infected by extremism—it’s become an economic suicide pact.”

While I enjoyed this video, I was wholly saddened by the fact that it, too, has a strong agenda and seems to have large pocketbooks behind it.  I noticed they didn’t mention US foreign policy ONCE, nor did they mention the damage that the Federal Reserve has done.  All in all, it’s a short video and worth watching, but as I always say, “Question Everything.”

Everyone has an agenda, and it is often times hard to see past the dazzling camera effects, feigned sincerity, and keyword emphasis, but keep your mind sharp and you’ll see through it every time.

...

Kevin Hayden – TruthisTreason.net

Source: MarketWatch

Sturm Ruger & Co.’s announcement that it would stop taking orders until it clears an enormous backlog serves as the latest sign of the boom times for the U.S. firearms business.

Late Wednesday, Sturm Ruger said that in the first quarter, it had received orders for more than 1 million units. And despite “efforts to increase production rates, the incoming order rate exceeds our capacity to rapidly fulfill these orders,” Sturm Ruger said.

Hayden’s Note:

I’ve been following this news piece since it broke, and per the status quo, many “liberty sites” jumped to the conclusions that this is somehow a premeditated initiative to cease production of firearms, or control our 2nd Amendment rights.

Instead, this is merely Ruger doing a phenomenal job at creating some of the most popular rifles and affordable handguns – although I wouldn’t recommend any except the 10/22 rifle – and not being able to handle demand.  This increase in demand is indeed likely from the various draconian legislation being passed, the rising popularity of emergency preparedness, and people seeking to invest in tangibles....

Kevin Hayden – TruthisTreason.net

Source: Media Roots and Alt-Market

As Americans come to grips with a severe financial hangover, the American economy will adapt to meet the peoples’ needs.  After 30 years of easy credit, subprime mortgages, zero interest loans and binge spending, the economy has imploded.  The wizards of Wall Street continue casting spells and weaving their magic, as the mainstream media rattles on about the wizards’ omnipotence like an rickety player piano.

Meanwhile, back in the world of reality, some Americans are beginning to realize the necessity of more contemporary ways of doing business.  As decreasing wages, increasing taxes, stifling regulations and a mortally wounded economy, are forcing people to do business a different way.  If current conditions continue, “black markets” will emerge, giving local economies an IV to keep them stable.

The global Black Market has already surpassed $1 trillion in sales.  The United States alone already accounts for more than $600 billion, almost three times the nearest competitor- China.  Americans, seeing that the economy for the “99%” still isn’t healthy, are doing an end around to oppressive, financial restraints imposed by the government and Wall Street.  When times become too financially difficult and unbearable in the face of financial repression (think Prohibition and the War on Drugs) black markets spring up like mushrooms after a morning dew.  The economic intrusions of a government gone haywire include repression of raw milk sales, tracking gold and silver purchases over $600, the IRS considering taxing barter exchanges and the FDA having jurisdiction over personal gardens.  Citizens are creating new economic systems that serve their own interests outside of corporate, centralized markets....

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: 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

Al Qaeda flag flies over Libya… (Duh! I’ve been saying this for months.)

Frustrated Sheriff Warns Citizens to Carry Concealed Weapons…

‘Don’t get mace. Get a firearm’… 

Palestinians win full membership on UN cultural agency…

Credit-Default Swap Risk Bomb Is Wired to Explode

Occupy News:

Another sex attack in Zuccotti Park…

Occupy OKC Protester Found Dead in Kerr Park, Linked to Bad Drugs

Police use bulldozers to break up Occupy Richmond

Sexual assaults continue to plague ‘Occupy‘ protests

Fully Armed Citizen Border Guard Volunteers Occupy Phoenix...

Kevin Hayden – TruthisTreason.net

Detroit struggles to keep lights on…

Teacher on trial for punching, choking first-graders…

RECORD HIGH: 50% of American support legalizing pot…

Louisiana prohibits residents from using cash when buying, selling secondhand goods 

Hemp Versus the Status Quo

U.S. Government Refuses FOIA Request to Turn Over ‘Secret’ Interpretation of Patriot Act

115-Year-Old Electric Car Gets Same 40 Miles Per Charge as Chevy Volt 

The Coming Paradigm Shift Will “Result in Riots, Starvation, and Bloodshed”

 ...

Kevin Hayden – TruthisTreason.net

Source: Economic Policy Journal

During a presentation today at the Adam Smith Institute, economist Kevin Dowd,  a visiting professor at the Pensions Institute, Cass Business School in London, told his audience:

Fiat money is entering its death spiral…

Banks use crooked accounting methods to hide losses and enrich employees with bonuses. It’s another form of looting…

At least 46 out of 50 US states are insolvent.

What’s behind Dowd’s thinking? He wrote this last December:

Sooner rather than later, it will dawn on investors that Treasuries are over-valued and confidence in the Treasuries market will crack: one possibility is that rising inflation expectations or higher deficits will then push up market interest rates, causing bond prices to falter and then fall; an even more imminent prospect is that some combination of the Fed’s quantitative easing and yawning Federal budget and U.S. balance of payments deficits will cause a further decline in the dollar that makes foreign holders of Treasury bonds lose confidence in their investments. In either case, there is then likely to be a rush to the exits – a flight from Treasuries on a massive scale – forcing up interest rates in general and inflicting heavy losses on bondholders, especially on those holding long-term bonds.

...

Kevin Hayden – TruthisTreason.net

Source: MN Gordon - Truth Contributor

Kicking off Labor Day weekend last Friday was a report by the Labor Department that, on balance, the U.S. economy failed to create a single job in August.  On the bright side, this also means not a single job was lost in August either.  Unfortunately, a zero reading is actually a negative reading…125,000 jobs a month are generally needed just to keep up with population growth.

Somehow the unemployment rate stayed at 9.1 percent.  However, it is really much higher.  There are 14 million people that are officially unemployed.  But there are also 11.4 million others that are unofficially unemployed....

Kevin Hayden - TruthisTreason.net

Originally written Oct 18, 2010 @ 06:40

We have all watched in predicted horror as the financial infrastructure of America has been disassembled in a predetermined fashion by the likes of Goldman Sachs, the Federal Reserve and other Globalists.  There are a variety of reasons why this is happening, none of which we have the power to change or alter in time to save us.  Therefore, I will focus on what is to come and how we might handle it in order to survive it.

With the Federal Reserve actually suggesting that inflation might be the cure to the weak economy, massive unemployment numbers and a crashing dollar, one has to stop and ponder.  The chairman of the Fed, Ben Bernanke, was a child prodigy, scored a near perfect SAT score, focused his studies around the Great Depression and is a statistical genius.  So why is he so willing to abuse the Dollar and essentially sign the death warrant for America?

For several years, many prominent people have been predicting this exact scenario.  Gerald Celente, Ron Paul, Peter Schiff and others including the Web Bots Project, have detailed how this orchestrated financial implosion will occur.  Many of these “predictions” or trends analysis are from late 2009 or early 2010.  Most, if not all, are eerily starting to come true....

TruthisTreason.net – Kevin Hayden

Source: Zero Hedge

In today’s most under-reported news of the day, which could potentially have the biggest impact on the future of America, none other than America’s CEOs, or at least one of them: Starbucks’ Howard Schultz, has mass-blasted an email to fellow CEOs asking for a consensual boycott on donating to political campaigns in order to encourage the nation’s muppets, elsewhere idiotically called “leaders”, to solve America’s budget and debt impasse.

Bloomberg quotes from the CEO’s e-mail to business leaders: “I am asking that all of us forego political contributions until the Congress and the President return to Washington and deliver a fiscally disciplined long-term debt and deficit plan to the American people.” Cue panic, terror, homicidal and suicidal screeching, and overall sheer existential angst in D.C., whose critters suddenly face the nightmare scenario of having no corporate bribes, period, until they get to do their job.

Should Schultz’ proposal gain traction, this could be the most revolutionary proposal to leadership reform since the advent of the corporatocracy.

Yet, as optimistic and idealistic as we are, we fail to see how corporations will all join into this mass game theory experiment, where the benefits for defection get exponentially greater as more and more people join and decide to cooperate....

TruthisTreason.net – Kevin Hayden

Source: Forbes via Cryptogon.com

Now, in Switzerland, efforts are underway to create an official Gold Swiss franc (GSF) with a set of coins, each with a fixed content of gold. The proposed constitutional change would permit private institutions to issue an unlimited number of coins whose appearance, content and weight of gold, and definition would be under the supervision of the Swiss government.

Hayden’s Note:

Brilliant.  As stated over at Cryptogon, I’m not real savvy on the idea of allowing credit to be issued, but overall, I think this would be a great move for everyone. 

For example, the smallest coin would have a face value of 1 GSF and have 0.1 grams of gold in its center, similar to today’s bi-metallic euro coins, and be worth—at today’s price of gold, about $4.00.

Five, 10, 20 and 50 GSF coins would have 0.5, 1.0, 2.0 and 5.0 grams of gold and today would be worth approximately $20, $40, $80 and $200 respectively. Gold Swiss franc bank notes are conceivable, as are GSF bank deposits, but they would have to be 100% backed by gold held by the issuing institution....

TruthisTreason.net – Kevin Hayden

Source: Zero Hedge

Unprecedented strength in corn continues, with futures rising by 4.5% on Thursday, following strong demand for corn to make food and fuel. That demand has whittled down the corn supply, which was already at its lowest level in 15 years in the United States, the world’s top exporter of the grain. Per Reuters: ” Demand has been strong from the livestock and ethanol sectors, and from importing nations, including China which is believed to have purchased 1.25 million tonnes last week.

Hayden’s Note:

Just a quick, hectic sidenote – The “ethanol” demand is ONLY due to the Govt subsidies involved.  Corn is a horrible choice for ethanol.  Furthermore, we feed MOST of our corn supplies to livestock because it’s cheaper than grass.  Ironic, huh?  Corn actually kills cows, thus the requirement for constant, low-dose antibiotics in your meat supply.  This also means most of your processed foods, ie 95% of everything on the shelf, will go up in price due to using High Fructose Corn Syrup.  Brace for impact, people.

This week’s rally, triggered by the U.S....

Source: Salt Lake Tribune

The Senate gave final approval Thursday to a bill taking the first step to recognize gold and silver as legal tender in the state.

It voted 16-7 to pass HB317, and sent it to Gov. Gary Herbert for his signature.

The measure would recognize as legal tender gold and silver coins issued by the federal government — not just their face value, but also their value in gold and silver or to a collector.

It would not require anyone to accept them, however, but make it an option. It also would exempt sales of such coins from capital gains tax. It also would order the state to study whether Utah should establish an alternative form of legal tender, such as one backed by silver and gold.

“It will put some pressure on the federal government. That’s the goal here because right now we have a dollar that’s just running away with inflation and our hope is that this is a little bit of a shock that’ll say we want to deal with inflation,” Senate Majority Leader Scott Jenkins, R-Plain City, Senate sponsor of the bill, said in earlier debate....

Source: Zero Hedge

On one hand we have the Department of Truth about to tell tomorrow that NFP based on various seasonal and birth death adjustments increased by 250,000. On the other hand, we have Gallup which actually does real time polling without a procyclical propaganda bias. And Gallup does’t have any good news: “Unemployment, as measured by Gallup without seasonal adjustment, hit 10.3% in February — up from 9.8% at the end of January.

The U.S. unemployment rate is now essentially the same as the 10.4% at the end of February 2010.” And the one indicator that nobody in the mainstream media will touch with a ten foot pole: “Underemployment, a measure that combines part-time workers wanting full-time work with those who are unemployed, surged in February to 19.9%.

This resulted from the combination of a sharp 0.5-point increase since the end of January in the percentage unemployed and a 0.5-point increase in the percentage working part time but wanting full-time work. Underemployment is now higher than it was at this point a year ago (19.7%).”

Unemployment rate:

And Underemployment:

A summary of Gallup’s view on February jobs data which likely will be diamterically opposite to what the propaganda machine will spout tomorrow:

Jobs Situation Deteriorates in February

There is essentially no difference between the unemployment rate now and the one at this time a year ago…

Continue reading here – ...

Source: Zero Hedge

The Securities and Exchange Commission today announced insider trading charges against a Westport, Conn.-based business consultant who has served on the boards of directors at Goldman Sachs and Procter & Gamble for illegally tipping Galleon Management founder and hedge fund manager Raj Rajaratnam with inside information about the quarterly earnings at both firms as well as an impending $5 billion investment by Berkshire Hathaway in Goldman.

Hayden’s Note:

This proves once again that the real enemy of the State is Wall Street.  How much insider trading goes unnoticed?  And by whom? 

The SEC’s Division of Enforcement alleges that Rajat K. Gupta, a friend and business associate of Rajaratnam, provided him with confidential information learned during board calls and in other aspects of his duties on the Goldman and P&G boards. Rajaratnam used the inside information to trade on behalf of some of Galleon’s hedge funds, or shared the information with others at his firm who then traded on it ahead of public announcements by the firms.

The insider trading by Rajaratnam and others generated more than $18 million in illicit profits and loss avoidance....

Source: Rasmussen Reports

TruthisTreason.net

As Republicans and Democrats in Congress haggle over the budget, most voters would rather have a partial shutdown of the federal government than keep its spending at current levels.

A new Rasmussen Reports national telephone survey finds that just 33% of likely U.S. voters would rather have Congress avoid a government shutdown by authorizing spending at the same levels as last year. Fifty-eight percent (58%) says it’s better to have a partial shutdown until Democrats and Republicans can agree on what spending to cut. (To see survey question wording, click here.)

The partisan differences are striking. Fifty-eight percent (58%) of Democrats prefer avoiding a shutdown by going with current spending levels. But 80% of Republicans — and 59% of voters not affiliated with either major party — think a shutdown is a better option until the two sides can agree on spending cuts.

Congress never passed a budget for 2011 but authorized spending for a few months. That authorization will expire soon, and Congress must act quickly or some federal government services could be shut down....

Source: Zero Hedge

by Jeff Clark of Casey Research

Hayden’s Note:

This is not a recommendation to buy or sell.  Personally, I’m in the air about buying at $30.  I would certainly buy at ~$25 and might add a few more at this $30 range, but to each their own.  This author makes a very valid point and points it into perspective near the end.

The silver price has bounced 27% since January 28, a huge advance for a measly 16 trading days. It’s already soared past its 2010 high and was selling for less than $16 this time last year, a double in 12 months. So, is it pricy? Or should we ignore the run-up and keep buying?

I’ve read a few articles that say we should expect silver to drop to the $25 level, and one pinpointed $22. Others, of course, see bullish tea leaves for the near term and believe it’s headed higher. Of those that assert silver will decline, most believe it will be temporary, though one writer claims the bull market in precious metals is over (I think he’s a holdout from the gold-is-a-bubble camp)....

Source: Economic Collapse Blog

TruthisTreason.net

Have you heard the news? The stock market is absolutely soaring and according to the U.S. government and the Federal Reserve we are in the beginning stages of a robust economic recovery. The S&P 500 is up 6.8 percent so far in 2011, and the stock market recently hit a two and a half year high. So shouldn’t we all be celebrating? Well, if stock market performance was an accurate measure of economic health, then Zimbabwe would have had one of the healthiest economies on the entire globe during the last decade. But just like Zimbabwe’s stock market was artificially pumped up with “funny money” that was rapidly being devalued, so is ours. All of the “quantitative easing” that the Federal Reserve has been doing is pumping plenty of money into the financial markets and is helping to inflate a false stock market bubble, but it is doing very little to alleviate the suffering of the U.S. middle class. In fact, when you take a closer look at the numbers you quickly find out that the suffering of the middle class is getting even worse....

Source: Zero Hedge & Various Headlines

There was a time, long ago, when the dollar was a flight to safety instrument. Those days are gone. DXY barely budging as the overnight session begins, while silver has already put $34 in the dust. Last: $34.26 and parabolic.

April Crude literally flying off the shelves. All those who thought the 4 pm price was a misprint and shorted… our condolences.

Time to announce 10 emergency POMOs tomorrow… or else.

Oil Goes Berserk In Electronic Trading As WTI Passes $98

Silver Crosses $34

Many Riots in Arab Countries; Silver Explodes  

Inflation Makes a Comeback as Prices Rise for Food, Fuel 

Short Squeeze In Silver!  Could Be the Big One:  John Rubino...

Source: Zero Hedge

There was a time when news, especially very bad news, moved stocks. The last time that occurred was in the middle of 2009, before most robots had any idea just how massive Bernanke’s schizoid break with reality was. Now, that the appropriate sociopathology is fully priced in, bad news tends to have an even more profound upside impact on stocks than good news, as it guarantees that the Zimbabwe stock market will be upon us far sooner than if the economy were to have to go through another inter-QE episode. Which is why the just released news out of US Bankruptcy Judge Robert Grossman of Central Islip, New York, that MERS lacks rights to transfer mortgages will likely send the entire S&P circuit breaker up.

From Bloomberg:

“Merscorp Inc., operator of the electronic-registration system that contains about half of all U.S. home mortgages, has no right to transfer the mortgages under its membership rules, a judge said…U.S. Bankruptcy Judge Robert E. Grossman in Central Islip, New York, in a decision he said he knew would have a “significant impact,” wrote that the membership rules of the company’s Mortgage Electronic Registration Systems, or MERS, don’t make it an agent of the banks that own the mortgages…”

“MERS’s theory that it can act as a ‘common agent’ for undisclosed principals is not supported by the law,” Grossman wrote in a Feb.

...

Source: CNN

The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world’s reserve currency.

The IMF said Special Drawing Rights, or SDRs, could help stabilize the global financial system.

SDRs represent potential claims on the currencies of IMF members. They were created by the IMF in 1969 and can be converted into whatever currency a borrower requires at exchange rates based on a weighted basket of international currencies. The IMF typically lends countries funds denominated in SDRs

While they are not a tangible currency, some economists argue that SDRs could be used as a less volatile alternative to the U.S. dollar.

Hayden’s Note:

See my previous articles outlining the SDR, the UN and the IMF.

UN Report Suggests Scrapping Dollar – Lengthy Editorial by Hayden Included (I kind of got off on a rant in this article, but it’s good)

The Purpose Behind Engineered Economic Collapse

The IMF’s Special Drawing Rights vs. the US Dollar, An Attempt to “Rebalance” the World Economy (Excerpt below)

“When asked about a plan “designed to increase the use of the IMF’s special drawing rights” at a CFR conference, Geithner replied, ”we’re actually quite open to that.”  The International Monetary Fund is essentially a global bank and their “global currency” is called the SDR – or special drawing rights.  It’s a basket of currencies that they control the policy of.  After Geithner’s comments, the US Dollar fell 1.3% within 10 minutes.  That’s because investors and bankers know that when a man such as Geithner says that we’re moving towards an increased use of SDRs, the Dollar is on the way out of the door. 

This was said in early 2009.  Since that time, Geithner, Volckner and Paulson, along with many other Goldman Sachs cronies and Wall Street insiders charading as politicians, have done everything in their power to destroy the US Dollar while squeezing it for every last drop.

...

Source: Zero Hedge & MIT

Just in case there was still any lingering doubt that prices in the US are surging far above whatever the CPI may indicate, we present the MIT Billion Price Project. Unlike the CPI which is a gross misrepresentation of what is really happening on the ground in price terms, MIT actually compiles real time price data about a universe of products. From the methodology section: “our data are collected every day from online retailers using a software that scans the underlying code in public webpages and stores the relevant price information in a database. The resulting dataset contains daily prices on the full array of products sold by these retailers. Our data include information on product descriptions, package sizes, brands, special characteristics (e.g. “organic”), and whether the item is on sale or price control.” The attached chart confirms what anyone (but not Ben Bernanke) who actually buys goods and services in the US knows all too well.

As for monthly inflation, compared to the CPI, it is also not pretty:

Link to source....

Source: Zero Hedge

TruthisTreason.net

Managing perception is the game plan, not fixing what ails the real economy. Why? Cui bono: it’s all about rescuing a politically sacrosanct and highly insolvent financial sector.

According to some analysts, the “recovering” U.S. economy is poised to enter a phase of explosive growth. Other analysts see evidence that the bogus “recovery” (all Fed stimulus “hat” and no organic growth “cattle”) is teetering on the edge of implosion from any number of causes: high inflation, declining home values, high oil prices, etc.

My view? Whatever. The real economy is so detached from the one presented by official data and the stock market that “growth”, explosive or modest, is a matter of managed perception, not reality.

As for the implosion, Central State intervention and massive spending/credit creation has already limited it to a decline heavily smoothed by extended unemployment, food stamps, zero interest rates, Federal Reserve purchases of Treasuries and mortgage instruments, and massive Federal spending on everything from fighter jets to Medicare.

The relentlessly managed perception is that the “spot of bother” circa 2008-09 is history, and the situation has been restored to normalcy, i.e....

Source: Activist Post

The head of the US Federal Reserve will take questions from the press Thursday, a step that experts say is just short of revolutionary for the normally reserved central bank.

Instead of delivering an ever-so-carefully manicured speech and then slipping off the dais to the echo of gentle applause, Chairman Ben Bernanke will, unusually, hang around for a few questions from the press before departing.

It’s a seemingly small step, but Bernanke knows any unscripted response he utters will be parsed, reported on and put to work by investors, with billions if not trillions of dollars at stake.

Hayden’s Note:

It would appear as if Bernanke’s handlers are attempting to get the public used to seeing the “softer side” of ‘ole Ben before he faces off against Rep. Ron Paul – now head of the House Financial Committee.  It’s like the Friday Night Fights when Bernanke and Paul face off.  Why I despise Ben Bernanke and am a strong supporter of Ron Paul, I must admit; Bernanke is a very intelligent man.  Classically schooled, he was considered a child prodigy.  But Ron Paul is also extremely savvy when it comes to finance, markets and how economies work.  And Ron Paul always wins these face-offs, anyway.  He is Liberty’s champion....

Source: Zero Hedge – Nomi Prins

TruthisTreason.net

The CIA on Egypt’s Economy, Financial Deregulation and Protest

Kevin Hayden
TruthisTreason.net

Dictionary definition of financial derivatives - Derivatives is the collective name used for a broad class of financial instruments that derive their value from other financial instruments (known as the underlying), events or conditions.

or

A financial instrument whose characteristics and value depend upon the characteristics and value of an underlier, typically a commodity, bond, equity or currency. Examples of derivatives include futures and options. Advanced investors sometimes purchase or sell derivatives to manage the risk associated with the underlying security, to protect against fluctuations in value, or to profit from periods of inactivity or decline. These techniques can be quite complicated and quite risky.

Are you lost when it comes to derivatives and financial instruments? When you hear the news talk about bundled toxic assets or future securities, do you wish there was a simple way to understand all of this nonsense without spending hours researching it? This simple article will help you understand and navigate through the maze of financial mumbo-jumbo in the headlines and secure a foundation upon which you can continue to research on....

Source: Zero Hedge - Mike Krieger

Another great post from the guys and gals at Zero Hedge. Bookmark them for economic news and analysis!

Thanks Ben…You Have Destroyed the Social Fabric of the World

History is littered with the carcasses of men that in their exaggerated hubris attempted to stop the forces of nature and the markets only to fall flat on their faces.  We tell the stories of these men in history books and myths from prehistory, but it never stops men of successive generations from trying it all over again.  What the current political class the world over (at the behest of Wall Street financial terrorists and other big corporate interests) are doing falls into the same exact formula of prior historical failures.   Some of the historical figures that attempted to beat back nature were great warriors or kings that just reached too far.  Some of them were evil megalomaniacs whose desire was nothing short of absolute power in their hands over any of the unfortunate human beings that happened to be in the way.  Ben Bernanke is neither of these.  He is a just a little dweeb with an electronic printing press.  Tragically, because of modern technology and the way the monetary system works today he has the ability to cause more damage than any other one person in the history of mankind and he is doing it.  I shudder to contemplate the ultimate effects of the inflationary holocaust he has unleashed on the six billion mesmerized and helpless souls present on earth at this time.  The signs are starting to show up again just like in early 2008.  Food is becoming scare at a “reasonable” price in many parts of the globe and the symptoms of this are starting to bubble up to the surface.  For example in recent days we have witnessed food riots in Algeria and Tunisia where at least 14 people are reported to have died in each country.         

These types of events were easily predictable and have been predicted by people like me and many other whose views will never be seen in the mainstream media.  Fortunately, the alternative media is taking over (which is why the Obama administration is certain to increase its crackdown on the internet) and people are becoming very informed and linked all over the world.  The divide and conquer strategy that has worked so well for millennia will be much harder to pull off this time around....