130911 – Saving Face

Today’s Items:

The U.N. Knew Since May

Obama, Kerry, and the other war-drum bastards must be really scared now since the revelation that the U.N. knew, since May, that the U.S. backed rebels in Syria were the ones using chemical weapons.    Hey, Obama and Kerry, your chemical weapons receipts were not for Assad, but for your Al Qaeda buddies.

Putin Beats Obama

By publicly changing Obama’s diaper by getting him out of the jam with Syria, Putin has made himself the senior partner to whom the White House is now beholden.    No doubt, Putin is laughing to himself over the non-believable face-saving maneuvering going on at the White House.

October 18th

The Treasury is playing the shell game when it comes to the debt; such as, the questionable zero dollars increase in the national debt in August.    With that said, on May 19th, the U.S. hit its debt limit; thus, the Treasury has been tapping into emergency borrowing authority.    On October 18th, the Treasury would be about 106 billion dollars short of paying all bills owed between October 18th and November 15th.    Either the debt limit is raised, spending is cut to match tax revenue, or default.    Either way, the game is winding down.

COMEX Default Risk

COMEX gold inventories have plunged more than 36% year to date, creating a market more leveraged than it has been for the last nine years.    Inventories are down from over 11 million to about 7 million ounces.    A COMEX default on delivery of precious metals and specifically of gold bullion bars remains a risk and a default would have serious ramifications not just for precious metals markets but for the wider commodity markets.

ACLU Wakes Up

Officials for the ACLU finally woke up on the NSA spy program.    Yes, they finally claim that the indefinite surveillance; thus causing a detailed profile to be formed on every person, is unconstitutional.    Well Duh!!!  Of course, the alternate media has been saying this for how long?

Global Warming Computer Models Collapse

In a stunning turnaround, world scientists are warning that an era of global cooling seems to be upon us.    Even the latest U.N. Intergovernmental Panel on Climate Change report seems to indicate that an era of global cooling is now underway.   With the exposure of the polar bear hoax, and other shenanigans, what windmills will Gore be charging at now?   In addition, should all carbon taxes now be a carbon credits?

Finally, please prepare now for the escalating economic and social unrest.   Good Day!

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