Today’s Items:

First…
China Dumps
http://www.zerohedge.com

In March and April, China has dumped a record $116.4 billion in U.S. Treasuries via Belgium. The likely reason is so the Fed can continue to stealthily monetize the U.S. debt. Of course, we all know the “Federal Reserve will not monetize the debt.” In addition, we all know that “the only people who do not want to disclose the truth are people with something to hide.”

Next…
Chinese Military
https://www.youtube.com

Here are a few of the 10 reasons why the Chinese military is weaker than you think…
1. No joint command for their various military forces.
2. Chinese soldiers are now too big to fit into Chinese tanks.
3. Chinese military corruption is so bad that it undermines the ability to wage war.

Next…
Currencies
http://www.ft.com

Apparently, preserving the value of the currency is no longer a concern for central banks because if interest rates go up, with current debt levels, the economies collapse. For example, the Bank of Japan has just reported that its net profits surged 28% because of quantitative easing. Central bank money has sloshed into financial markets far more than into the real economy and has driven down the value of currencies. If the dollar goes down, the only thing it can be used for is as a cigarette wrapper.

Next…
Billions Missing
http://freebeacon.com

An audit shows that $2.8 billion in subsidies, distributed through Obamawreck, cannot be verified by the federal government. The audit was released as the country awaits a Supreme Court ruling that could make all federal subsidies invalid since the majority of states did not set up their own health insurance exchange. In addition to money being missing, personal information, kept in the Obamawreck database will be kept forever by those who have repeated inability to safeguard sensitive taxpayer information. Speaking of taxes…

Next…
IRS to Halt Global Warming
http://dailycaller.com

Since the U.S. Senate is not going to ratify any international climate treaty, Obama will now issue executive orders to have the IRS halt global warming. For example, they will do things like double the amount of green energy investment promises to the private sector… which will likely go bankrupt shortly thereafter. So, will the IRS tax carbon dioxide for just hanging around?

Next…
Texas Depository
http://etfdailynews.com

Texas Governor, Greg Abbot, finally signed the bill to repatriate $1 billion of gold from the New York Fed’s vaults to a newly established state gold bullion depository and make it non-confiscatable. That would be nice if the other side respected laws.

Next…
Low-tech Beats High-tech
https://youtube.com

Please watch the video on how to make a thermal evasion suit that reduces the effectiveness of a drone’s thermal vision.

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

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