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Storm Clouds Gather Over Monti’s Italy Reform Drive

Appointed, last November by Central bankers, Mario Monti reforms have reached a stumbling block… The people of Italy. Yes folks, Monti is facing severe push-back from the opposition to the point that forced him to abandon immediate implementation of his austerity plans. Maybe the folks are looking at Iceland as an example.

€1 Trillion May Not Be Enough

Germany, after much push-back, dropped its opposition to the €1 Trillion firewall. Sadly for those in the EU, this firewall is not enough to cover Spain, much less Italy, when it goes under. When the next crash occurs, which is not really far off folks, it will be much much worse.

Justice Breyer on Obamacare

In promising that he had not read the 2700 page Deathcare fiasco, he said it would be unreasonable for the justices to spend a year trying to see what is good and what is bad in the law. Hey Brenner… It was passed before it was read; therefore, the whole thing is bad.

Actual Media Proof They Are Blacking Out Ron Paul!

Please watch this video as the news media tries to play up two thousand people at a political event when Ron Paul gets over 5000 people easy. No wonder the media is dying before our eyes.

EPA Drops Order Against Range Resources

The EPA, after recent spankings by the United States Supreme Court, dropped its politically motivated order against a Texas based range resources outfit over water contamination during an election year. Guess the EPA did not want further judicial spankings this year; however, that agency, in its current criminal form, should be dissolved.

Punk Economics

Although set from an Irish perspective, this is a great artistic economic lesson on why inflation is rampant.  Welcome to the year of the Central Banks everyone!

New Jersey Town Considers Charging For Emergency Calls.

The cash-strapped New Jersey Town of Passaic is considering charging fees on emergency calls to its property tax paying citizens. How Does $1,000 For House Fires And $600 For Car Fires Grab You? Makes one wonder why the citizens are paying taxes anymore. The fees, of course, would be paid by insurance companies, that in turn, will jack up their premiums.

Hang on to Gold, Massive Collapse Coming

Richard Russell believes that sooner or later we will be subject to a major correction that will wipe out or correct 60 years of inflation and leveraging. When that happens, you will want to own the only kind of money that the Fed can’t destroy. In short, keep stacking.

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