Wednesday, November 30, 2011
Tuesday, November 29, 2011
NIA believes that Occupy Wall Street protesters need to be educated to the facts and truth about the U.S. economy and what is truly causing our economic problems. NIA is getting ready to release 'Occupy Wall Street the Documentary', which NIA has produced so that Occupy Wall Street protesters can understand exactly what changes need to be made in America if our country is going to survive the Hyperinflationary Great Depression that will soon hit America and steal all remaining purchasing power that the U.S. dollar still has left.
NIA first saw signs of the protests taking place today back in November of 2009 when we were in Beverly Hills filming our documentary 'The Dollar Bubble'. We were alerted by NIA members to a major protest that was breaking out at the University of California. We went to see it and witnessed a very violent protest of students upset about a 32% increase in college tuition for the next semester.
The UCLA protest showed us just how angry Americans can become about inflation. Because we were forecasting massive food inflation to start breaking out in 2010, we made the prediction that we would see large "End the Fed" protests beginning in 2010. We did see massive food inflation in late 2010, accelerating greatly throughout 2011. However, we overestimated the ability for average Americans to quickly point the finger at the Federal Reserve. We also didn't expect many citizens of foreign countries, especially Arab nations, to begin protesting before Americans did.
About one year after the violent UCLA tuition inflation protest that we witnessed, a larger even more violent tuition inflation protest broke out in London. When Prince Charles' security detail made the mistake of driving him and the Duchess of Cornwall past the area where the protest was taking place, in a vehicle that cost more than what each protester will earn in the next ten years combined, about 50 of the protesters broke through the motorcycle police protecting the Prince chanting "Off with their heads!", beating on the side of their Rolls-Royce with sticks and bottles. Luckily, the car was armored and only suffered minor damages, keeping Prince Charles and the Duchess safe. A Jaguar behind it containing police officers was destroyed to the extent that the officers ended up using car doors from the Jaguar as shields, which still couldn't prevent six of them from being seriously injured.
The food inflation protests that NIA had been expecting for over a year, started to break out in late January of this year in Algeria, with citizens chanting "Bring Us Sugar!" Eight citizens were killed during the protests in Algeria. This quickly spread to a massive outbreak of civil unrest in neighboring Tunisia, where thousands protested food inflation and high unemployment. The Tunisian revolution led to the ousting of longtime President Zine El Abidine Ben Ali, but came at the expense of 79 protesters being killed.
This rapidly spread to the riots in Egypt. Before the Egyptian protests even began, six Egyptian citizens committed suicide in front of government buildings by dousing themselves with fuel and lighting themselves on fire. All together, 846 protesters were killed across different parts of Egypt and over 6,000 more were injured. The Egyptian protesters were eventually successful at getting Egyptian President Hosni Mubarak to resign from office.
NIA saw the resignation of Mubarak as a farce from the beginning. We couldn't understand how thousands of angry Egyptians who were calling for Mubarak's head would within seconds of his resignation announcement erupt into cheers like Egypt had just won the World Cup. The resignation of one man would not eliminate the corruption in Egypt's government and fix their inflation and jobs crisis. Most of Mubarak's cronies are still in power. Mubarak agreed to just take one for the team. For the protesters to declare victory and go home after one man announced his resignation shows that most of the protesters were sheep who were just copying their friends without having a real grasp on the issues affecting the economy in Egypt. What if Mubarak came back on television and said "I was just kidding" or "I just changed my mind and decided not to resign", would the protesters have come back?
After Egypt, the protests spread to Jordan and Yemen. Once again, food inflation was the main root cause of the protests, something that the mainstream media in the U.S. largely ignored when reporting on the protests. The American mainstream media was not allowed to discuss inflation when corresponding about the global inflation protests, because it didn't want the world to connect the dots and realize that Federal Reserve Chairman Ben Bernanke is more responsible for the global food inflation crisis and protests than the leader of any foreign country.
Because of the U.S. dollar's status as the world's reserve currency, the majority of the world's most important agricultural and energy commodities are traded in U.S. dollars. When Bernanke prints trillions of dollars out of thin air in an attempt to reinflate the Real Estate bubble and lower unemployment in the U.S., it has a direct affect on what foreigners pay for all goods and services around the world. With China printing massive amounts of Yuan to keep it pegged to the U.S. dollar and the Bank of Japan intervening to keep the Yen from appreciating too rapidly against the U.S. dollar, countries like Australia are now quick to blame any short-term dip in manufacturing, agriculture production, or energy commodity exports on their currency being too strong against not just the U.S. dollar but the Yen, Yuan, and most other fiat currencies.
In just the last two weeks, the Australian dollar has risen 9.5% against the Yen, 8.5% against the U.S. dollar, and 8.6% against the Yuan. It should be no surprise to NIA members that attempts to copy "Occupy Wall Street" in Australia have been dismal. After 1,000 protesters initially showed up in Sydney on Saturday for their own "Occupy Wall Street" protest that was supposed to continue "indefinitely", less than 50 protesters remained on Monday as most people returned to work. Australia doesn't have an inflation or unemployment crisis because their central bank did the right thing and raised interest rates to 4.75% at a time when everybody else was lowering them. This is why since the inception of NIA we have always suggested Australia as our top choice for Americans to move to if they want to get out of harms way before hyperinflation hits the U.S. We hope that the Reserve Bank of Australia will continue to do the right thing and ignore calls f rom all around the world for them to lower rates.
The mainstream media is currently once again focused on the financial crisis in Europe, which is temporarily distracting from the debt crisis that really matters in the U.S. On Halloween, the official U.S. national debt for the first time ever will surpass U.S. GDP. At any time now without any warning or any new catalyst, we could see a huge onslaught of dollar dumping that causes the economic equivalent of 9/11.
There is no hope of preventing hyperinflation in America when President Obama is unwilling to consider any measure that would cut government spending in a meaningful way. In August when the Budget Control Act of 2011 was enacted by Congress, the mainstream media was widely reporting that the "supercommittee" formed by the act would be in charge of finding $1.5 trillion in spending cuts by Thanksgiving. In reality, this "supercommittee" that Obama was so heavily relying on to pay for his proposals in his "jobs bill", is not responsible for finding $1.5 trillion in spending cuts but only a $1.5 trillion reduction in the budget deficit over 10 years.
Obama promises to veto any proposals that make large spending cuts, especially to entitlement programs. Many Democrats are calling for a new 5% "surcharge" on Americans earning over $1 million per year. Within a few years, an annual income of $1 million will only have the purchasing power of what a $100,000 salary has today. This proposed new tax would discourage small business owners from expanding and hiring new employees. It would destroy any remaining hope that is left for a real economic recovery and encourage most American entrepreneurs to leave the country permanently.
The U.S. Bureau of Labor Statistics (BLS) yesterday released their consumer price index (CPI) data for the month of September. The BLS reported year-over-year CPI growth of 3.87%, the highest rate of U.S. price inflation in three years. The official government reported year-over-year U.S. price inflation rate of 3.87% for September was up from 3.77% in August, 3.63% in July, 3.56% in June, 3.57% in May, 3.16% in April, 2.68% in March, 2.11% in February, 1.63% in January, 1.5% in December, and 1.1% in November. Year-over-year increases in the CPI have risen by 252% over the last ten months.
Even year-over-year core-CPI growth rose for the 11th straight month to 1.97% in September, an increase of 223% from year-over-year growth of 0.61% in November. NIA estimates the real rate of U.S. price inflation to currently be 8.5% on a year-over-year basis. It was just announced that American retirees receiving Social Security will receive a 3.6% COLA increase, the first increase since 2009. Social Security is the main reason the U.S. government reports artificially low CPI numbers. By giving retired Americans only a 3.6% Social Security payment increase when real price inflation is now 8.5%, Congress gets to spend the difference in the ways they see fit.
With inflation spiraling out of control, the government knows that they soon won't be able to afford even the artificially low COLA increases they are making today. Congress is now exploring ways to keep future COLA increases as low as possible. Many clueless Keynesian economists in Washington are now arguing that the inflation measure the government uses to calculate COLA increases, the CPI-W, is overestimating true increases in the cost of living. These economists claim that Americans can shift between items and if veal prices are rising too much, they can eat chicken or if lobster prices are rising too much, they can eat shrimp. They propose that the government switches to a version of CPI that accounts for these changes, called "chain weighted" CPI.
All Americans know that their cost to maintain the same standard of living has increased by a lot more than 3.6% over the past year. The CPI-W being used today already artificially understates inflation so much that current Social Security recipients deserve to be receiving triple their current payments. If "chain weighted" CPI was being used today, American seniors would only receive a 3% COLA increase next year.
If the U.S. government did the right thing and invested all FICA tax receipts into gold, it would be able to give Social Security recipients an increase next year of around 8.5% like they should be entitled to. American seniors are being hurt most by inflation because health care has consistently had the highest rate of inflation out of all goods and services. A COLA increase of 3.6% is nothing when NIA estimates the real rate of health care inflation to currently be 15% or 76.5% higher than the overall real rate of price inflation. To artificially lower COLA increases even more would mean utter devastation to the U.S. economy as seniors would need to reenter the workforce and Americans with jobs would need to stop spending money on goods and services in order to help their parents. This would mean even less jobs for the youth in America and less support for them from their parents.
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Thursday, November 24, 2011
Tuesday, November 22, 2011
Saturday, November 19, 2011
As hard as it is to believe, WND.com founder Joseph Farah once was a strong supporter of Socialism. How can this be? Isn't WND the leading independent online newspaper in the free world? Isn't the vast majority of its writings anti-Socialist, pro-free market and of a staunch Judeo-Christian worldview? Yes, yes, and yes. But when he was young and dumb, Joseph was an Occupier before Occupying was cool. The following are excerpts from an editorial by Joseph Farah that explains what the Occupy Wall Street movement is all about.
A long while ago -- I was one of them, Joseph opened. In the late 60s and early 70s, I would have been out there with the Occupiers. These are the shock troops, the storm troopers of attempted socialist coups of the past.
Communists and Nazis often used such ruffians as tools to create chaos, instill fear and anxiety and bully their way to power.
This is the beginning of America's intifada. Many Americans are expecting these hooligans to go quietly into the night as the weather gets colder. But I know better. This is orchestrated at the highest levels of American power in expediting a coup that has been under way, in earnest, since Jan. 20, 2009.
If you want to understand the occupy movement, just think of Adolf Hitler's "brown shirts" or Benito Mussolini's "black shirts" to understand their inarticulate agenda -- from seething anti-Semitism to other absurd mindless scapegoating. They don't have any answers, but they have plenty of grievances.
Their minds have been twisted and manipulated to believe that they are victims of an evil system, rather than the dark truth that it is the Occupiers themselves who are perpetrators of an evil agenda.
Once Barack Obama assumed power he deliberately set out to break the back of the capitalist system. Handing out billions of dollars in cash to his supporters along the way, he knew he was unlikely to be re-elected -- at least not without the help of some 'shock troops' willing to do whatever is necessary. If it takes burning down businesses, they will do it. If it takes looting, they will do it. If it takes other forms of terrorism, they will do it.
This is not a spontaneous movement. This is orchestrated. The occupiers are simply marionettes at the end of strings. And they will do whatever is required of them by their puppet masters.
Friday, November 18, 2011
If Americans stopped being such pussies and just busted out some good ol' innovation this whole nightmare endgame scenario would be over in a week.
The video below showing a civilian operated drone chopper filming riots in Warsaw, Poland last Friday is a great example of the democratization of what was until very recently, military-grade tech. This is a straight up ISR drone that’s flying high above the streets of a major city taking camera footage that was once the exclusive domain of high-priced news choppers and government helos.
During protests in Warsaw last weekend, one crafty activist deployed a flying drone to spy on riot police.
YouTube user latajacakamera — or “flying camera” in Polish — uploaded the amazing video that the drone effortlessly captured as it hovered over teargas-filled streets.
In another video, the unmanned aerial vehicle (UAV) floats in front of a formation of police in riot gear as they rush towards demonstrators. None of them appear to notice.
Wired editor-in-chief Chris Anderson confirmed that the flying machine was built by the Polish company Robokopter.
Watch this video from latajacakamera, uploaded to YouTube Nov. 12, 2011.
The OWS Protests Are Destroying This Movement DiffuseThis Now Or There Will Be Real Violence Tonight
Your scattered marches and protests are going to explode. So far, seven police officers have been injured......and, I know many of you have been as well.....but, your powerful opponents will seize upon the damage to property and injuries to law enforcement. Think Memphis, 1968.
You need to diffuse the scattered efforts now and focus on one site of protest/march/demonstration at a time. If you shut down subways, bridges, or streets, then you will be seen as anarchists hurting the little guys.
Whoever planned the strategy you are following right now should have their head examined.
Get smart, tomorrow protest FOX NEWS and chant "Tell the Truth" for eight hours. If you get roughed up there, it will be viewed as Fox news treating you unfairly. Your target will make your message for you.
Please, shutting down a bridge? What is this, a Berkley 1967 sit in?
Occupy the subways? Are you trying to change the world or be a vagrant?
If you want the unions and church leaders to add to your movement, then you need to diffuse this now. Your movement will die with violence.
Louie Bee Note: They must understand by there actions they are working in the hands of the elite that want to remain hidden. I have no doubt that there are black ops leading this protest to ensure they do get violent.
Thursday, November 17, 2011
The Daily Show's Samantha Bee visits Zuccotti Park to report on class division within the Occupy Wall Street movement.
Magnanimous Banker Hires Occupy Wall Street Protesters
'I Like Your Pluck!' Says Gracious PlutocratNovember 15, 2011
NEW YORK—Saying the recently arrested protesters had just the right kind of tenacity and pluck needed to shake up the financial services industry, magnanimous and benevolent Morgan Stanley banker Hank Billings approached members of the Occupy Wall Street movement Tuesday morning and hired each and every one of them on the spot. "This is exactly the kind of self-starting, 'won't go home till the job's done' kind of attitude I like to see," said the gracious Billings, claiming that he had grown to admire "the cut of [the activists'] jib" since the movement began in mid-September and that "moxie such as [theirs]" should not go unrewarded. "You all were out there every day, giving it everything you had, and by God if you ever took no for an answer. Sure, you all took some digs at me, but who needs a bunch of yes-men standing around, anyway?" Billings then reportedly smiled, shook each protester's hand, and said he would see them all in the office "bright and early Monday morning," noting that a personal history of lawbreaking had never hindered anyone's career on Wall Street.
Sunday, November 13, 2011
Lets face it things are not getting better and even those protesting are still asleep to who is really at fault for the USA's economic out look.
Build a survival food supply.
Long Term Survival Food Kits
Saturday, November 12, 2011
Friday, November 11, 2011
OCCUPY WALL STREET EXPOSED: Thermal imaging at protest camps shows most tents are empty
Several other cities have also been using FLIR to check how many tents are occupied or are just set dressing. MOST tents in all cities checked are indeed EMPTY.
Tuesday, November 8, 2011
Check out douchbags website here http://www.lghtsrc.org/
Welcome from LGHTSRC on Vimeo.
A Breitbart.tv investigation has uncovered that the man whose epic meltdown video at the "Occupy Wall Street" protests went viral is really Edward T. Hall III. Mr. Hall is a Columbia graduate student who has a trust fund set up by his grandfather. He recently made headlines for trying to board a flight at JFK airport by hopping the ticket counter and diving onto the baggage carousel.
He was charged with trespassing and is free on "conditional release."
Edwards Columbia profile http://columbia.academia.edu/EdwardHall
Edward T. Hall III, better known as “Ted” to his friends, has become one of loudest voices on Occupy Wall Street. The lanky redhead with the neon-splotched hat looks vaguely like a Scream-era Matthew Lillard, making him easy to identify in YouTube videos of protests, where he can frequently be found preaching to the crowd in almost every single instance of arrests during the occupation of Zuccotti Park.
Before becoming a member of OWS, Mr. Hall made a minor splash in the tabloids, when he jumped a JFK luggage carousal in an attempt to get around airport security without I.D. and talk to a girl.
So why is The New York Times making him the poster boy for the protest?
Last Friday, The New York Times posted a video in its City Room blog, called “Opposite Sides of the Protest Come Together, Briefly.” The video shows Mr. Hall discussing the movement with Jimmy Vivona, a stockbroker on Wall Street. The point of this get-together seems to be that Mr. Hall comes from money and a trust-fund (he’s the grandson of anthropologist Edward T. Hall), whereas Mr. Vivona pulled himself up by his bootstraps to make a lot of money on Wall Street, yet it’s Mr. Hall who is protesting as part of the “99%.”
Isn’t it ironic, doncha think?
Not for anyone who has done their homework on Mr. Hall, who has a history of general rabble-rousing. The first red flag in The New York Times article may be that Ted identifies himself as a “leader” of the Occupy Wall Street movement, a leaderless collective. He jumps in front whenever a camera is on, and can be found in numerous videos and articles about Occupy Wall Street. (He even does it in Spanish!) But that doesn’t make him a leader, and it doesn’t necessarily help the cause.
A source on Occupy Wall Street’s General Assembly had previously told The New York Observer that Ted was often on the front lines, trying to incite police officers by screaming at them and leading chants against them. An early ABC video of the protests seems to confirm this analysis.
(Note: We don’t know why Mr. Hall is identified as Collin Quinlivan in this video.)
It seems odd that Mr. Hall has not gotten himself arrested at the protests yet, seeing as that would appear to be his main goal. He was quoted in Capital New York saying the Brooklyn Bridge protests were “the best P.R.” the occupation could have gotten. He also is very well-versed in the psychology of protests:
“Counterinsurgency theory is based on securing peace in pocketed areas,” he said. “Basically, you occupy the space and you protect the citizens from the insurgents. That’s kind of what what we’re doing. We’re occupying a space and protecting the people from authority, from the police. And the more they fight us? The more they’re seen as the enemy.”
The jury is still out on Mr. Hall’s ability to get others riled up enough to get arrested, but we wonder if a trust-funder with a history of being on the wrong side of police lines should not be speaking for the OWS movement as one of its leaders in The New York Times.
Sunday, November 6, 2011
November 19 and 20, 2011
In front of the rebuilt World Trade Center Building 7ON FACBEOOK: http://www.facebook.com/OccupyBuilding7
September 11, 2001: the day the 1% hijacked our country from the 99%
and launched a permanent war that will not end in our lifetimes unless we stop it.
Ten years later the War on Terrorism has diverted trillions of dollars from more important uses and sunken our country into debt.
Building 7, which most people don’t know about, came crashing to the ground at 5:20pm on September 11th. Today, millions of citizens and 1,600 courageous architects and engineers are demanding an investigation into the obvious demolition of this skyscraper.
The government's absurd story that "normal office fires" felled this 47-story skyscraper is only the tip of the iceberg of the lies we’ve been fed about 9/11.
Today we are taking our country back. We will not rest until the perpetrators who demolished World Trade Center Building 7 and the Twin Towers, killing 3,000 innocent people, are brought to justice, and the war dollars are brought home.