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Debt crisis hangs over EU-China meeting
The third EU-China fright fest summit, over the Europe’s crippling debt crisis and the downturn in China’s economy, will pave the way for yet another summit in Brussels later this year. Just how many summits are going to be before everyone comes to the same conclusion? Everyone is broke and no amount of band-aids, like lifting restrictions on Chinese exports, blah, blah blah, is going to fix this.
NY Fed May Have Known About Libor Fixing in 2007
According to a statement from the Federal Reserve Bank of New York, which was under the control of Little Lying Timmy Geithner in 2007 and 2008, they were aware of Barclays LIBOR problems. Aware of it!?! More like helped it along; such as, the “Fixing LIBOR” meeting on the 28th of April 2008. This criminal syndicate is getting more obvious by the day. Speaking of criminal syndicates…
CFTC Finally Gets The Memo
The day after PFGBest announced that $200 million in customers accounts has just vaporized, the CFTC decided to implement operation CYA and file a meaningless lawsuit. Of course, this is more than what they did with MF Global. At any rate, we may yet see some headway into those silver manipulation investigations. Right!(Sarc!) Now, let’s look at yet another criminal enterprise…
Tax Dollars Inflate Government Motors Sales
Government Motor’s rocket car sales of 16% in June are directly attributed to government purchases. So, not only are taxpayers conscripted to GM’s bailout of $50 billion, but now, the taxpayers are directly paying for those union worker salaries.
Why Do So Few Investors Seem to Understand the Silver Story?
Silver prices have risen 10-fold in a decade, yet there are not a lot of investors. With all the paper ponzi schemes coming to light, there is going to be a sudden and massive rush into physical, and when that happens… A lot of it will already be in strong hands.
Texas Rejects Obamacare Provisions
Texas will not implement an expansion of the Medicaid program or create a health insurance exchange. This makes Texas the most populous state that has rejected the provisions. Rick Perry said he would not be a party to socializing healthcare and bankrupting his state. To get a health insurance exchange in Texas, Washington is going to need some Obama money.
Calls to Destroy Egypt’s Great Pyramids Begin
You just can’t make this stuff up folks… According to several reports in the Arabic media, prominent Muslim clerics want the Great Pyramids, that have stood for centuries, gone. The All Seeing Eye will not be pleased.
Finally, Please prepare now for the escalating economic and social unrest. Good Day
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