from SGT Report.com:
Our friend Jeff Nieson from BullionBullsCanada.com joins us to talk about China currency “manipulation”, the One Bank, U.S. unemployment, inflation, the situation in the Ukraine and the international House of Cards. Thanks for tuning in.
by Dr. Paul Craig Roberts, PaulCraigRoberts.org:
According to a report in Kommersant-Ukraine, the finance ministry of Washington’s stooges in Kiev who are pretending to be a government has prepared an economic austerity plan that will cut Ukrainian pensions from $160 to $80 so that Western bankers who lent money to Ukraine can be repaid at the expense of Ukraine’s poor. http://www.kommersant.ua/doc/2424454 It is Greece all over again.
Before anything approaching stability and legitimacy has been obtained for the puppet government put in power by the Washington orchestrated coup against the legitimate, elected Ukraine government, the Western looters are already at work. Naive protesters who believed the propaganda that EU membership offered a better life are due to lose half of their pension by April. But this is only the beginning.
Read More @ PaulCraigRoberts.org
from USA Watchdog:
resident Obama called the Crimean parliament vote “to enter into the Russian Federation” a “violation of international law.”
President Obama announced sanctions on anyone “violating the sovereignty of Ukraine” or “stealing the assets of the Ukrainian people.” The Russians said earlier in the week they would dump dollars and Treasury bonds and also seize Western assets if sanctions were imposed. Well, it is definitely game on. Last week, Russia invaded Crimea and took control of the airport and seaport, the home of the Russian Black Sea fleet. I think this is looking more and more like a U.S. policy blunder than anything else. It has been reported the U.S. spent $5 billion to support the protesters who succeeded in removing the pro-Russian president of Ukraine from office. My question: What did the Obama Administration think Russia was going to do? Even in checkers, you think a few moves ahead; and, clearly, the U.S. did not anticipate the Russian reaction.
Read More @ USAWatchdog.com
from Ben Swann:
Ben Swann explains how the new coalition of EndPartisanship.org is working to break the 2 party hold on primary elections, which currently lock around 50% of voters out of the process. Plus, Ben details a lawsuit that has now been filed in the state of New Jersey to break that hold.
from SGT Report:
SILVER: The Achilles’ Heel
Fleckenstein: “I don’t know when psychology will shift in the bond market, if it will go slowly or fast — probably a combination of the two — but I think the bond market is on borrowed time. It’s going to take the bond market to create a question about what the Fed is doing. Eventually the bond market will show that the Fed is trapped and that will lead to a big crisis….
“That’s one I want to capture (by shorting), but we’re not there yet.
In terms of the Fed losing it’s credibility, I would think it would have to be this year because the market is engaged in a giant game of chicken right now. The stock market is saying, ‘Go ahead and taper. We’re not afraid of you and everything is going to be OK.’ And I don’t believe that’s the case.
Bill Fleckenstein Audio Interview @ KingWorldNews.com
from Gold Core:
There are increasing signs that the London residential property market is displaying bubble like qualities.
Authorities such as the Bank of England have denied that a house price “bubble” is developing due to ultra-loose monetary policies.
However, if present trends continue, national house price inflation may rise above 10% within a few months, far higher than the current rate of CPI inflation, which stood at 1.9% in January.
Read More @ GoldCore.com
from Boom Bust:
Our lead story: While most of us don’t often think about the shipping industry, the fact of the matter is almost everything you get from overseas is deeply affected by the business of shipping. This is why a coalition between the world’s three largest shipping companies is worth taking a closer look at.
Switzerland’s Mediterranean Shipping Company, France’s CMA CGM Group, and Denmark’s Maersk Line are all coming together to form an operation called the “P3 Alliance.” Erin brings you the details.
For our first segment, Erin sits down with economist and author Jim Rickards to talk about money. Rickards argues that confidence is a crucial characteristic for money, and explains why he thinks that the confidence in the dollar is eroding. He warns that our system is unstable, which could make confidence in the dollar disappear quickly. After the break, Erin brings you Peter Joseph, a filmmaker and founder of the Zeitgeist Movement. Joseph also believes that our current system is unsustainable, and he explains how the Zeitgeist Movement’s approach can improve the economy and society.
by B. Christopher Agee, Western Journalism:
During his address to the 2014 Conservative Political Action Conference (CPAC) Thursday, Donald Trump pulled no punches in his portrayal of America’s current state of affairs. The Western Center for Journalism is covering the three-day gathering in Washington, D.C. and is reporting the analysis by Trump and many other prominent speakers.
Real unemployment, the famed entrepreneur and former Republican presidential candidate estimated, is as high as 22 percent. Dishonest calculations, however, suppress the real results of Barack Obama’s disastrous economic policies.
“When you give up looking for a job,” he explained, “it’s like they consider you employed.”
Americans are waking up to the truth, however, as Obama’s approval ratings hit all-time lows.
Read More @ WesternJournalism.com
by Harry Brown, online.WSJ.com:
The Moscow-backed government of Crimea set a referendum in 10 days to ratify its decision to secede from Ukraine and join Russia, dramatically escalating tension as the West tries to negotiate a withdrawal of Russian troops from the area.
The step Thursday came as Western diplomats were huddled in Rome with their Russian counterparts to end the political standoff, and just two days after President Vladimir Putin said Russia wasn’t interested in annexing Crimea.
U.S. and European leaders said such a referendum would violate the Ukrainian constitution and international law.
Read More @ online.WSJ.com
by Michael Snyder, Economic Collapse:
The U.S. government and the Russian government have both been forced into positions where neither one of them can afford to back down. If Barack Obama backs down, he will be greatly criticized for being “weak” and for having been beaten by Vladimir Putin once again. If Putin backs down, he will be greatly criticized for being “weak” and for abandoning the Russians that live in Crimea. In essence, Obama and Putin find themselves trapped in a macho game of “chicken” and critics on both sides stand ready to pounce on the one who backs down. But this is not just an innocent game of “chicken” from a fifties movie. This is the real deal, and if nobody backs down the entire world will pay the price.
Leaving aside who is to blame for a moment, it is really frightening to think that we may be approaching the tensest moment in U.S.-Russian relations since the Cuban missile crisis.
Read More @ EconomicCollapseBlog.com
by Harry Brown, Daily Reckoning.com:
The Rights Trap is the belief that your rights will make you free.
It’s not hard to fall into this trap and become preoccupied with your rights as a way of getting what you want. You’ve probably heard since childhood that you have certain rights — to life, liberty, property, the freedom to pursue your happiness.
In addition, it’s easy to feel that someone owes you certain things in a relationship — such as respect, honesty, or fair play.
Unfortunately, rights exist only in theory. In practice, they don’t accomplish much — no matter how much people may discuss them.
Read More @ DailyReckoning.com
by Ethan A. Huff, Natural News:
Just days after officials from the Tokyo Electric Power Company (TEPCO) came clean about using radiation reading “errors” to cover up record levels of radioactive strontium-90 present in collection pools at the stricken Fukushima Daiichi nuclear power facility back in July, the embattled power utility made headlines again for radioactive cesium-134 and radioactive cesium-137, both of which were also detected at dangerously high levels in groundwater near the plant.
Reports indicate that groundwater samples collected from a fresh well near the plant’s second energy block recently tested for record levels of the two isotopes, which seemingly indicates a pattern of continued degradation at the plant rather than improvement. TEPCO has repeatedly tried to write off the situation as under control and constantly improving, but the latest radiation readings prove otherwise.
Read More @ NaturalNews.com
by Michael Krieger, Liberty Blitzkreig
Ok, so this seems like a very big deal and may represent a serious escalation in the soft conflict happening between the U.S. and Russia. As of today, the U.S. seems to be using financial warfare in its response. Not only does this Executive Order issued today appear to block certain Russian assets, it also imposes travel restrictions. The question on my mind now is, does Russia hold some of its treasuries in the custody of the Federal Reserve? If so, are these now frozen?
Here’s the text of the Executive Order (emphasis mine):
Read More @ LibertyBlitzkreig.com
Probably not someone you’d want driving around, policing your neighborhood
by Adan Salazar, Infowars:
A Baltimore cop is suspended without pay after he beat his girlfriend’s dog with a mop, then strangled it to death, police say. The officer then took a picture of the dead dog and sent it to his girlfriend before tossing the puppy in a dumpster. From WJLA:
On Feb. 26, Alec Taylor, 27, a five-year veteran of the Baltimore Police Department, returned to his apartment along the 13000 block of Castle Boulevard in Silver Spring. Upon entering the unit, Taylor noticed his Jack Russell Terrier, named Rocko, had defecated on the carpet. According to police, Taylor became enraged, beating the untrained dog with a mop, then using his bare hands to suffocate the puppy.
Taylor turned himself in yesterday and told investigators “he used a mop not only to retrieve the dog from behind the dryer but as a weapon to beat the helpless animal before using his bare hands to choke the dog to death,” according to CBS Baltimore.
Read More @ Infowars.com
by Julian Phillips, MineWeb.com:
Since last August, the Indian government placed a stranglehold on gold imports into the country by requiring that 20% of all gold imported be exported as jewellery. This forced the amount of gold imported to drop to 30% of former levels until October of last year. Then the amount imported rose to 38 tonnes a month and has been at that level since then. The amount of gold that was expected to be imported for the year was north of 1,200 tonnes. It only achieved an imported total of 825 tonnes, around 400 tonnes less than expected.
Lifting of restrictions
If the Indian government eases these restrictions in the end March budget seven days ahead of the elections (and we expect they will), will it cause a jump in demand from the London market –where India sources its gold from—sufficient to send the gold price soaring? It appears so, until we peer under the obvious at the basics.
Read More @ MineWeb.com
by Barbara Hollingsworth, CNS News:
President Obama has characterized income inequality as “the defining challenge of our time,” prodding Republicans to come up with “concrete plans” to reduce it.
However, a new study by the Brookings Institute shows that the highest levels of income inequality in the U.S. are found in Democratic strongholds: the nation’s largest cities.
In his Dec. 4, 2013 speech, “Remarks on Economic Mobility,” Obama praised the New Deal and the War on Poverty for building “the largest middle class the world has ever known,” and lamented “a dangerous and growing inequality and lack of upward mobility that has jeopardized middle-class America’s basic bargain – that if you work hard, you have a chance to get ahead.”
Read More @ CNS News.com:
My commentary on Ukraine members of Parliament asking if Crimea can join Russia, Obamacare affecting emergency rooms in America, a biophysicist at Columbia University using bacterial spores to produce electricity, retail stores in America closing and the collapse in the growth of the service sector.
by Paul Lawrance, Activist Post
The Crimean parliament voted unanimously to join the Russian federation on Thursday, setting a referendum on the decision for March 16.
According to the vice premier of Crimea the referendum will decide whether or not to nationalize state property, adopt the Russian Ruble as Crimean currency and force Ukrainian troops to surrender or leave the country. Local voters will also be given a vote to remain a part of Ukraine but as an autonomous republic, as laid out in the peninsulas post-Soviet Union constitution.
Read More @ Activist Post