We will have a mirror site at http://nunezreport.wordpress.com in case we are censored, Please save the link

Thursday, November 13, 2014

Muslim Monsters Burn Christian Couple Alive


Shahzad_Masih_Shama_Bibi-255x315

Last week while American Christians were heading to the polls to participate in the freedom that we enjoy here in the United States, two of our fellow Christian siblings were dying for their faith in Christ.

It seems that the story of Shahzad Masih and his wife Shama are very similar to the stories of other persecuted Christians in the Muslim world. He couple had run afoul of a local Muslim man to whom they owed money, and when this man saw his chance to for payback he took it.

Shahzad’s father recently died and so his wife collected some of his things and burned them before throwing the ashes in the garbage. Shahzad’s employer to whom they owed money charged that he had seen them burning the Koran and unless they paid him the money they owed - he would not let them go.

The news that a Koran had been desecrated (though seemingly false) traveled quickly to the local mosque and a mob soon arrived at the place where the couple ws being held. The mob forced their way into the room, violently beat the Masihs and then burned them alive in the furnace of a kiln.

The BBC was told by Pakistani security forces that they tried to save the couple “but they were outnumbered and attacked by the angry crowd.”


Credit to Eaglerising.com
Read more at http://eaglerising.com/11299/muslim-monsters-burn-christian-couple-alive/#HXsvCbuQkbGw7Xfv.99

Obama seeks new Syria strategy to oust Assad




President Barack Obama has asked his national security team to review US strategy toward Syria after concluding that the ISIL terrorist group may not be defeated with Bashar al-Assad in power, officials say.

Over the past week, the White House has convened four meetings of Obama’s national security team, which according to a senior official, were "driven to a large degree how our Syria strategy fits into our ISIS (ISIL) strategy," CNN reports.

Obama’s long-contemplated strategy toward ISIL has come under sharp criticism as it has failed to halt the advance of terrorists in Iraq and Syria. The review is seen as a tacit admission that the strategy is not working.

"The president has asked us to look again at how this fits together," a senior US official told CNN on condition of anonymity. "The long-running Syria problem is now compounded by the reality that to genuinely defeat ISIL, we need not only a defeat in Iraq but a defeat in Syria."

Ben Rhodes, the deputy national security adviser, denied a formal strategy review but said Obama has joined with his national security team to discuss “what we're targeting in Syria” and how “we're supporting opposition and building them up as a counterweight to ISIL but also ultimately of course to the Assad regime."

National Security Council spokesperson Alistair Baskey said Wednesday that “Assad has been the biggest magnet for extremism in Syria.” He emphasized that President Obama has made clear that “Assad has lost all legitimacy to govern.”


Credit to Press TV

The How and Why Behind Obama’s Mysterious Rise to the Presidency

How does a man get elected President after serving less than one full term as a U.S. Senator? Does being a community activist/antagonist qualify one for the highest office in the land? Were the Soviet defectors correct in that Obama is the manifestation of a multi-generational plot to bring America to her knees? It is easy to comprehend how and why Putin would want to destroy America. But is Obama is his accomplice in this mission which could imperil all of us?

Who is he?
Who is he?

Former FBI Weatherman Task Force supervisor, Max Noel, noted that the FBI utilized a CARL test when it conducted background checks on various suspects. The acronym CARL stands for Character, Associates, Reputation, and Loyalty is used to assess candidates fitness to hold the highest office in the country. On each of these four points of power, Obama fails and fails miserably. Like many FBI law enforcementagents and officials, Noel was alarmed by the fact that someone like Barack Obama could capture the presidency. For some unexplained reason, Obama was never vetted before he became a candidate for the presidency by the FBI. This is an unacceptable result of our national security system and is wholly suggestive of internal plot to allow the installation of a blatantly communist advocate into the highest political position in America.

Soviet Defectors Warn of Deception and the Emergence of a Manchurian Candidate

Did you really think Alger Hiss would be the last communist traitor to serve in a high level US governmental position?
Through the testimony of high-ranking Soviet defectors, it can clearly be established that the Russians have been engaged in a multi-generational plot to destroy the United States from within and from without. Domestically, the Russian communists are in the midst of completing a coup d’├ętat, with the help their communist stooge, Barack Obama. In the following paragraphs, the verbatim statements of high ranking Soviet defectors are offered as proof of these claims. The first three defectors tell how the Soviets are setting the table for America’s demise. Stunningly, the fourth defector warns our country of a Manchurian candidate type of leadership whose job it will be to hand over a weakened America to the Russians (see Part Two).
Today, many people have been in a position to now vet the President after Obama’s first six years in office and observed his fundamental transformation of America“. This particular series will continue to connect the dots of the secretive and nefarious communist background of Barack Hussein Obama.

Obama Moves To Obscure His Background

With the general warning by Russian defectors that a traitor was waiting in the wings, it is time to reveal the true nature of the Manchurian candidate who sits in the Oval office through a brief examination of his family members with CIA affiliations along with their exposure to the MKULTRA mind control experiments being conducted at the University of Hawaii.
With the stroke of his executive order pen, President Obama quickly moved to seal off his records from public view after his election. However, he was too late to completely hide his background as researchers, such as Wayne Madsen, have found significant  information to demonstrate that what Obama has omitted, is that his rare rise to power can only be explained by his family’s CIA roots.
The election of Barack Hussein Obama is the culmination of what the Soviet defectors have been warning America about for decades in that Obama’s ascendency to the Presidency was part of a documented long-term strategic plan to recruit selected candidates into intelligence, while guiding these individuals and their families into high-ranking intelligence community positions before executing the meteoric rise to power by one of their own. For example, George H. W. Bush was a former CIA director, and CIA member going back to the 1950’s and thanks to Wayne Madsen, we now know that Obama’s family was CIA and not just CIA, but a CIA mind controlled family.
Obama is the Soviet messiah as he will eventually become known as the Second Coming of Stalin. He has been prophesied by Soviet defectors Lunev, Golitsyn, Suvorov and Bezmenov, and now he is here to fulfill his mission.

Phase I of Obama’s Grooming for Treason: The Obama Family’s CIA Background

Question: What does  Barack Obama and the “Unabomber” Ted Kaczynski have in common?
Answer: Both Kaczynski and Obama had significant exposure to the MK-ULTRA experiments; Kaczynski at Harvard and Obama at the University of Hawaii and the Ford Foundation much earlier. Outrageous?
The following paragraph represents quoted excerpts from Wayne Madsen’s exceptional investigation into the Obama family CIA background:
“President Obama’s own work in 1983 for Business International Corporation, a CIA front that conducted seminars with the world’s most powerful leaders and used journalists as agents abroad, dovetails with CIA espionage activities conducted by his mother, Stanley Ann Dunham in 1960’s post-coup Indonesia on behalf of a number of CIA front operations, including the East-West Center at the University of Hawaii, the U.S. Agency for International Development (USAID), and the Ford Foundation. Dunham met and married Lolo Soetoro, Obama’s stepfather, at the East-West Center in 1965. Soetoro was recalled to Indonesia in 1965 to serve as a senior army officer and assist General Suharto and the CIA in the bloody overthrow of President Sukarno….   Soetoro worked for the elitist Ford Foundation, World Bank, Asian Development Bank, Bank Rakyat (the majority government-owned People’s Bank of Indonesia), and the CIA-linked USAID while she lived in Indonesia and later, Pakistan….. Barack Obama, on the other hand, cleverly masked his own CIA connections as well as those of his mother, father, step-father, and grandmother (there is very little known about Obama’s grandfather, Stanley Armour Dunham.“
Madsen painstakingly and conclusively demonstrated that virtually all of Obama’s relatives were CIA operatives. Madsen has found even more CIA connections to Obama’s first employer. Madsen further went on to describe how Obama’s family was clearly exposed and was intimately connected to MK-ULTRA’s mind control program at the University of Hawaii. Info Wars also carried Madsen’s expose and it is available here.

It’s a Small World, After All

President Obama’s family and former Ex-Goldman Sachs executive, Ex-Treasury Secretary and World Bank leader,Tim Geithner and his family  have been joined together at the hip for decades. Tim Geithner’s father worked for the CIA in the Rockefeller funded Ford Foundation in Asia. Geitner’s father was in charge of micro-finance for the Ford Foundation for all of Asia. From Wayne Madsen’s work, we know that President Obama’s mother was in charge of micro-finance in Indonesia. The Hollywood producers could not make this plot up. Geithner’s father was Obama’s mother’s boss. It is likely that Geithner’s father tagged Obama as a potential presidential CIA Ford Foundation, well-groomed Manchurian candidate.
Additional information comes from the discovery that the two universities that Obama attended, Harvard and Columbia, were prime CIA recruiting grounds. The Ford and Rockefeller Foundations continued to fund Columbia’s Soviet studies programs through the early 1980s, where Obama was a student. And would anyone care to guess what Obama was studying?
Trilateral Commission co-founder, former National Security Adviser to Carter and Obama’s former professor and now political handler.
Obama was enrolled in a Soviet studies program taught by Zbigniew Brzezinski. And to those who are new to NWO conspiracies, one might wonder who is Brzezinski?  Brzezinski was the former National Security Adviser under President Carter. But more importantly, he was also the co-founder of one of the most influential globalist organizations in all of history, the Trilateral Commission. If you know your New World Order history, you have chills going up and down your spine as you read these words. We should be mindful that Brzezinski, in his book, Between Two Ages: America’s Role in the Technetronic Era (1970), that he laid out the NWO conspiracy to control all nation states and usher in a totalitarian world government.
There are two chilling quotes by Brzezinski in his aforementioned book that come directly to bear on Obama and his meteoric rise to power:
“In the technetronic society the trend would seem to be towards the aggregation of the individual support of millions of uncoordinated citizens, easily within the reach of magnetic and attractive personalities exploiting the latest communications techniques to manipulate emotions and control reason.”
In the second quote, Brzezinski is clearly calling for the installation of CIA/MKULTRA mind control leaders. Today, Brzezinski would his former understudy, Obama, a President with an undeniable “magnetic and attractive personality exploiting the latest communications techniques designed to manipulate emotions and control reason.”
Comrade Obama’s ascension to the presidency has been a long time in the making. Interestingly, Barack Obama’s past associates especially the communist terrorists which funded his Harvard legal education and ultimately launched his political career as an Illinois state senator, namely, Bill Ayers and Bernadine Dohrn, have been in lockstep with Obama his entire adult life. However, Dohrn and Ayers were not the first to indoctrinate Obama with the Marxist communist philosophy. For that information, we have to begin with Frank Marshall Davis.
Obama’s real father, Frank Marshall Davis, was a member of the Communist Party and a former Soviet Agent who was under FBI investigation for a total of 19 years. In 1948, Davis moved from Chicago to Hawaii leaving behind a colleague named Vernon Jarrett, father-in-law of Senior White House adviser, Valerie Jarrett. Yes, the Jarrett’s are communists as well. Both Jarrett and Davis wrote for a left wing newspaper called the Chicago Defender in which they espoused a communist  takeover of the United States Government. In 1971, Davis, according to Joel Gilbert, reunited with his then nine-year-old son, Barack Obama, and schooled him in the ways of being a good communist for the next nine years.

The Final Stages of Training the Manchurian Candidate

Adding more fuel to this communist fire, it is interesting to note that both Senior White House Advisers, David Axelrod and Valerie Jarrett were both also “Red Diaper Babies, in which they were the sons and daughters of well-to-do parents who desired communism and lived out their dreams through their children’s revolutionary activities. Other notable red-diaper babies also include such notables as Rahm Emanuel and Eric Holder. Jarrett’s situation is particularly interesting in that her family and the Ayers family have been multi-generational friends which also included a marriage between the two families. Much of the Obama administration is a nest of well-established communists and this should serve to gravely concern every American citizen.
Following the nine years of mentoring and parenting by Frank Davis, Obama made some very important communist connections which ultimately led to him obtaining an impressive college education financed by some very familiar communist activists, namely, Bill Ayers and Bernardine Dohrn. You remember Bill and Bernardine, don’t you?
The Prairie Fire book was co-authored by Dohrn and Ayers, and, quite unbelievably, it was dedicated to Sirhan Sirhan, Robert Kennedy’s assassin. A former FBI informant, while appearing on The Common Sense Show, Larry Grathwohl, revealed that he testified in a court of law that Ayers and Dohrn had direct involvement in a terrorist plot which killed San Francisco police sergeant, Brian V. McDonnell, by a bomb made and planted by these Weathermen Underground terrorists. How are Bernadine Dohrn and husband Bill Ayers not in prison? The only logical explanation is that Ayers and Dohrn are and were CIA assets whose mission it was consisted of guiding the young communist, Barack Obama, and his legal education and later, launching his political career. If Dohrn was not a CIA asset, then how can anyone explain how she teaches at a prominent university with her felony background, conviction and the time she briefly served in prison?
Grathwohl also revealed on The Common Sense Show that he asked Ayers, in a meeting of about 25 well-to do Weatherman, most with advanced degrees from Ivy League Universities, what the Weathermen planned to do when they achieved their goal of a communist take over the government. Grathwohl stated that Ayers paused for a moment and then said that it was likely that about 50 million Americans will have to be re-educated in concentration camps located in the American Southwest and that about 25 million would have to be eliminated, meaning that they would have to be murdered. Bill and Bernardine’s Weather Underground had the support of Cuba, East German intelligence and the North Vietnamese. I believe that Obama could end up being the fulfillment of the Ayers “re-education prediction, and with the power granted to Obama by the NDAA, that he will fulfill Ayers’ promise to Grathwohl to murder 25 million Americans who cannot be “re-educated”.
During the Vietnam war era, Ayers championed black civil rights and he and Dohrn further chastised white society for their treatment of blacks. Grathwohl also revealed that Ayers wanted to support the beginning of a race war by killing whites, from supposed black villains, and then blaming whites in order to begin a race war. How eerily similar does this sound to the Charles Manson Family and their Helter Skelter plans to execute that very same objective? While Grathwohl was infiltrating the Weathermen, Ayers ordered FBI infiltrator, Grathwohl, to blow up a Detroit police substation to which Grathwohl said that a nearby restaurant, where many blacks ate would suffer many casualties. Ayers replied that some have to die for a revolution to proceed.
Ayers and Dohrn raised a foster son, Chesa Boudin, who worked for the late Hugo Chavez, communist dictator in charge of Venezuela. Chesa Boudin was the child of Kathy Boudin and David Gilbert, members of a Weather Underground spin-off group who went to prison for an armored car robbery that resulted in the murders of two police officers and a security guard. Dohrn served seven months for her role in the robbery and this is the reason that she is ineligible to become bar certified as an attorney. Is anyone else uncomfortable with the fact that obama and ayersAyers and Dohrn were the ones primarily responsible for educating Obama with the communist funds and then subsequently launched his political career from their living room? Well, it is true, please read on.
Allen Hulton, a 39 year veteran of the postal service, provided a sworn affidavit to Maricopa County, AZ. Sheriff investigators, led by Sheriff Joe Arpaio, in an effort toward determining whether or not former FOREIGN college student, Barack Obama, was eligible to be placed on Arizona’s 2012 election ballot. After reviewing Hulton’s affidavit, it is apparent that Ayers and Dohrn were in fact the de facto adoptive parents to this foreign student destined to become the first illegitimate President of the United States. As a result, Obama was treated to the finest Ivy League education that communist backed money could buy as Hulton maintains that the Ayers’ repeatedly told him that they were financing the education of a promising young black FOREIGN student at Harvard. Hulton also testified that he met Obama while at the Ayer’s home and he asked Obama what he was going to do with all his education, to which Obama politely answered:
“I am going to become the President”. Readers should take note that this is an affidavit, and as such, is formally considered to be evidence, not conjecture or hearsay. There can be no other conclusion that the communist terrorist, Bill Ayers, and his father, the former head of Con Edison, Tom Ayers, began grooming Obama to become America’s first communist President. Bill Ayers and President Obama’s relationship continues into the present time as it is on record that Ayers visited the White House in August of 2009.
A picture is worth a thousand words.
I think it is likely that the Weatherman Underground was a CIA created false flag operation simply designed to assist the communist inspired group with the ability to undermine the country and that Obama represents the Weatherman’s finest achievement. The Weathermen were nothing more than mere Soviet collaborators that Soviet defectors had previously us warned about.
We also know that Obama’s communist affiliations continued well into his adulthood because of the good work of Joel Gilbert who discovered that Obama was active with a Weathermen Underground support group known as The May 19th Communist Organization, in New York. Perhaps, this is why Ayers was visiting the White House in 2009.

The Communists Openly Declare Victory Upon Obama’s Election

Frank Chapman, a communist activist and a member of the communist front group known as the World Peace Council. Chapman clearly used the term “mole” to describe Obama. He said Obama’s political climb and subsequent success in the 2008 Democratic presidential primaries was “a dialectical leap ushering in a qualitatively new era of struggle.” Chapman further stated that, “Marx once compared revolutionary struggle with the work of the mole, who sometimes burrows so far beneath the ground that he leaves no trace of his movement on the surface. This is the old revolutionary ‘mole,’ not only showing his traces on the surface but also breaking through. The Communist Party USA backs Obama to the hilt.” It is clear that Obama is their man!

Conclusion

Because of the psychological principal, cognitive dissonance, no amount of direct or circumstantial proof would convince some people that the highest political position in the country has been compromised by a communist plot spanning several decades. The term cognitive dissonance refers to a person who received information so shocking, so upsetting, that they cannot adequately process that information and then instead deny the validity of the proof that anyone else could see. If you are one of the cognitive dissonance types, please allow me to ask you a few questions.
Obama and former NBA player, Clark Kellogg, play pig in an obvious staged victory for the President. When was the last time you played basketball while wearing business clothes?
Who was Obama’s basketball coach in high school? The President has some degree of basketball skills as he defeated former NBA player and sports broadcaster, Clark Kellogg, in a game of pig (how appropriate) in front of a national TV audience. Who was Obama’s history teacher in high school? Why don’t we see interviews with his former professors, teachers, coaches, childhood friends and his first girl friend? Who in the hell is he?
There are no visible answers to these questions are there? But still the cognitive dissonance crowd still persists with their abject denials. To them, I say let’s judge a man by his actions, not his words. Has Obama’s actions served to help or hurt America? Do his Presidential actions match up with his communist background? It is an easy, perhaps, groundless accusation that Obama is truly the manifestation of what Soviet defectors warned us about when these stated that America’s leadership would become compromised and lead America down the path of destruction.

Ask yourself America, how could we collective allow a person with Obama’s very limited political background into the White House? More importantly, how could Obama’s questionable background escape public scrutiny? And the most important question lies in understanding the the answer to this question, “Can anyone clearly demonstrate his intention to bring America down by his own actions?”  The answer to this question is unquestionably YES, and this will be covered in Part Four of this series! When we put Obama’s misdeeds side-by-side, it will become easy to see how Obama is deliberately trying to dismantle America prior to entering martial law followed by World War III.
Credit to Common Sense

God less America



There's a new battleground in the war on Christmas—the suburbs of our nation's capital. The school board in Montgomery County, Maryland, has decided to appease Muslim families by making the school calendar religiously neutral.

That's bad news for all you Jews and Gentiles out there.

As of next year, all Christian and Jewish holidays will be removed from the calendar. That means no more Christmas, no more Easter and no more Yom Kippur.

There's no word on whether the board will remove the Irish from St. Patrick's Day or the love from St. Valentine's Day or the trees from Arbor Day.

For years local Muslims had been urging the district to close schools for two of their holidays. Many gathered outside the school board offices holding signs like "Support Equality for Eid" and "Because ... our children matter too."

Instead, the school board opted to eliminate all religious holidays.

Board members whacked the Jesus holidays because they did not want to disrespect or be insensitive to the Muslim community.

"This seems the most equitable option," board member Rebecca Smondrowski told the Washington Post. "You've read my new book, God Less America—you know how well appeasement works.

The school district says kids will still be able to celebrate the holiday formerly known as Christmas and the holiday formerly known as Easter. Now, they'll be called winter break and spring break.

Ho ho ho, America.

Credit to Charisma News

Russian warships 'nearing Australia



Russian military ships take part in exercises in the Pacific Ocean near the Sakhalin island - 16 July 2013

Australia says it is monitoring four Russian naval vessels that are approaching its waters to the north of the country.

The Australian Defence Force said two frigates and a surveillance aircraft had been sent to track the warships.

In a statement, it said the Russian vessels were heading towards Australia but remained in international waters.

Analysts say it is a show of force by Russian President Vladimir Putin ahead of the G20 summit in Brisbane.

"The movement of these vessels is entirely consistent with provisions under international law for military vessels to exercise freedom of navigation in international waters," the ADF statement read.

The ADF said Russian naval vessels have previously been deployed in conjunction with major international summits, including the Apec summit in Singapore in 2009.

"A warship from Russia's Pacific fleet also accompanied former Russian president Medvedev's visit to San Francisco in 2010," the statement added.

Mr Putin is due in Australia this weekend to attend the G20 summit.
Credit to BBC

Arctic air that sent temperatures plunging 60 degrees in a single day


Frigid winter weather dumped huge amounts of snow on parts of the Midwest and transformed summer breezes into gusts far below freezing in a matter of hours is headed for the East Coast.

A huge front of cold air that has swamped Minnesota, Wisconsin and Michigan with intense and dangerous flurries of snow pushed south overnight, freezing places as far south as Oklahoma and Texas.

And by Thursday, the system will have reached New England and the Atlantic seaboard, where it could send temperatures plunging by 15 to 20 degrees. By the weekend freezing temperatures could reach as far south as Atlanta, Georgia.




Swamped: Ishpeming in Michigan, pictured above by Twitter user Raquel Musselman, was hit by 36 inches of snow - the most in the country







Coping: A hardy Ishpeming resident, left, clears a path to the street while, right, cars remain buried by the extreme snowfall




Frozen: A couple in Bozeman, Montana, brave the cold to walk their dogs after snows hit the region. Bozeman has reported temperatures of -6 degrees


Snowfall: Wisconsin, upper Michigan and Minnesota were buried in snow,



Low temperatures and heavy snow blanket midwest



According to the National Weather Service, snow could spread as far as Ohio, West Virginia, New Jersey, Pennsylvania and upstate New York - though New York City will not be hit.

Wednesday morning the worst-hit states were still dealing with the huge volumes of snow which fell in the three-day storm.


Credit to Mailonline.com
Read more: http://www.dailymail.co.uk/news/article-2831068/Arctic-chill-settles-Upper-Midwest-Rockies.html#ixzz3IxG3NeSG


Iran Unveils its Latest Long-Range Radar System



In its latest showcase of military powers, Iran on Tuesday unveiled a new home-made long-range radar system, reported the semi-official Fars news agency.

According to the report, Iran claims the new system, named Sepehr (Sky), has the capability of detecting satellite and space objects' trajectories.

"The Sepehr radar system covers a range of over 2,500 kilometers and can detect stealth targets and micro UAVs at low, medium and high altitudes while it can also very easily identify and detect ballistic, semi-ballistic and cruise missiles," an Iranian official, Brigadier General Shahrokh Shahram, was quoted as having said during the unveiling ceremony.

The commander underlined that Sepehr could successfully pass all tests.

Earlier Tuesday, according to Fars, the radar went under a final test of operation and assessment, and General Shahram said the results were successful and "the information gathered by the radar during its last assessment test today was for the first time fed into the country's integrated radar and air defense network".

The General said Sepehr provides the air defense units to identify hostile targets far from the country's borders, leaving them with more time for decision-making and reaction.

Iran often boasts of military advances but it is not clear how accurate these announcements really are and whether they are actually an attempt by the regime to convince Iranians of the country’s military strength.

A year ago, the country unveiled a newly-developed advanced radar system which it claims has high target detection capabilities.

Previously, Iran presented a new fighter jet, claiming it is able to evade radar systems.

Code-named the Qaher (Conqueror) F-313 and shaped similar to stealth bombers, the grey warplane was designed and built domestically, then President Mahmoud Ahmadinejad boasted.



Israeli experts subsequently cast doubt about the authenticity of the fighter jet, noting that Iran has no capability to build aircraft.

Credit to Israel National News

If Everything Is Just Fine, Why Are So Many Really Smart People Forecasting Economic Disaster?




The parallels between the false prosperity of 2007 and the false prosperity of 2014 are rather striking.  If we go back and look at the numbers in the fall of 2007, we find that the Dow set an all-time high in October, margin debt on Wall Street had spiked to record levels, the unemployment rate was below 5 percent and Americans were getting ready to spend a record amount of money that Christmas season.  But then the very next year the worst economic crisis since the Great Depression shook the entire planet and everyone wondered why most people never saw it coming.  Well, now a similar pattern is unfolding right before our eyes.  The Dow and the S&P 500 both hit record highs on Monday, margin debt on Wall Street is hovering near record levels, the unemployment rate has ticked down a little bit and Americans are getting ready to spend more than 600 billion dollars this Christmas season.  The truth is that the economy seems pretty stable for the moment, and most people cannot even imagine that an economic collapse is coming.  So why are so many really smart people forecasting economic disaster in the near future?
For example, just consider what the Jerome Levy Forecasting Center is saying.  This is an organization with a tremendous economic forecasting record that goes all the way back to the Great Depression.  In fact, it predicted ahead of time the financial trouble and the recession that would happen in 2008.  Well, now this company is forecasting that there is a 65 percent chance that there will be a global recession by the end of next year...
In 1929, a businessman and economist by the name of Jerome Levy didn’t like what he saw in his analysis of corporate profits. He sold his stocks before the October crash.
Almost eight decades later, the consultancy company that bears his name declared “the next recession will be caused by the deflating housing bubble.” By February 2007, it predicted problems in the subprime-mortgage market would spread “to virtually all financial markets.” In October 2007, it saw imminent recession -- the slump began two months later.
The Jerome Levy Forecasting Center, based in Mount Kisco, New York, and run by Jerome’s grandson David, is again more worried than its peers. Its half-dozen analysts attach a 65 percent probability of a worldwide recession forcing a contraction in the U.S. by the end of next year.
Could they be wrong?
It's certainly possible.
But I wouldn't bet against them.
John Hussman is another expert that is warning of financial disaster on the horizon.  He believes that we are experiencing a massive stock market bubble right now and that stocks are approximately double the value that they should be...
If you look at corporate profits and especially corporate profit margins, they're one of the most cyclical and mean-reverting series in economics. Right now, we have corporate profits that are close to about 11% of GDP, but if you look at that series you will find that corporate profits as a share of GDP have always dropped back to about 5.5% or below in every single economic cycle including recent decades, including not only the financial crisis but 2002 and every other economic cycle we have been in.
Right now stocks as a multiple of last year’s expected earnings may look only modestly over valued or modestly richly valued. Really if you look at the measures of valuation that are most correlated to the returns that stocks deliver over time say over seven years or over the next 10 years the S&P 500 in our estimation is about double the level of valuation that would give investors a normal rate of return.
Could you imagine the chaos that would ensue if stocks really did drop by 50 percent?
Well, Hussman says that this is precisely what must happen in order for stock prices to return to historical norms...
Right now, like I say, we are looking at stocks that have been pressed to long-term expected returns that are really dismal. But more important than that, in every market cycle that we've seen with the mild exception of 2002, we've seen stocks price revert back to normal rates of return. In order to get to that point from here, we would have to have equities drop by about half.
If that does happen, it will make the crisis of 2008 look like a Sunday picnic.
Meanwhile, other very prominent thinkers are also warning that an economic nightmare is rapidly approaching.
Economic cycle theorist Martin Armstrong foresees major economic problems in 2015 which will ultimately lead to "civil unrest"  in 2016...
It looks more and more like a serious political uprising will erupt by 2016 once the economy turns down. That is the magic ingredient. Turn the economy down and you get civil unrest and revolution.
And of course there are a whole lot of other economic cycle theorists that are forecasting that we are about to experience a massive economic downturn as well.  For much more on this, please see this article and this article.
What is truly frightening is that we have never even come close to recovering from the last economic crisis.  One poll that was taken just prior to the recent election found that only 28 percent of Americans said that their families were doing better financially.  In addition, here are some more survey numbers about how Americans are feeling about the economy...
According to voter exit polls conducted by CNN, 78% said they are worried about the economy, with 69% saying that, in their view, economic conditions are not good. 65% responded that the country is on the wrong track vs. only 31% who believed that it is headed in the right direction.
Even though we are repeating so many of the same patterns that we experienced back in 2007, we are doing so with a fundamentally weaker economy.  The last crisis did a tremendous amount of permanent damage to us.  For an extensive look at this, please see my previous article entitled "12 Charts That Show The Permanent Damage That Has Been Done To The U.S. Economy".
And there are lots of signs that much of the planet is already entering another major economic slowdown.  In a recent article, Brandon Smith summarized some of these.  He says that we are currently witnessing "the last gasp of the global economy"...
Global exports, and thus consumer demand, are plunging. Germany, the only pillar left to prop up the failing European Union, has experienced a severe decline in exports not seen since 2009.
China, the largest exporter and importer in the world, and Chinese companies, have been caught in a number of instances using fraudulent invoices to artificially inflate their own export numbers, in some cases reporting 50% more exported goods than had actually existed.
China's manufacturing has also declined for the past five months, exposing the nature of its inflated export stats and indicating a global slowdown.
The Baltic Dry Index, a measure of global shipping rates for raw goods, and thus a measure of demand for shipping, continues to drag along near historic lows.
The U.S. consumer (the only economic asset the U.S. has besides the dollar's world reserve status), has seen declines in spending as well as wages.
In the meantime, long term jobless Americans continue to fall off welfare rolls by the millions, making unemployment numbers look good, but the overall future picture look terrible as participation rates dissolve into the ether of government statistics.
How is such poverty being hidden? Foodstamps. Plain and simple. Nearly 50 million Americans now subsist on food stamp programs today, and this number shows no signs of dropping. In states like Illinois, two people sign up for food assistance for every citizen that happens to find a job.
From time to time, I get accused of "spreading fear" and of being obsessed with "doom and gloom".
But that is not the case at all.
I actually want our economy to stay stable for as long as possible.  Many Americans don't realize this, but even the poorest of us live in luxury compared to much of the rest of the world.  It would be wonderful if we could all live out our lives in peace and quiet and safety.
Unfortunately, it is simply not going to happen.
And it does not take an expert to see what is coming.
Anyone with half a brain should be able to see the economic disaster that is approaching.
There is hope in understanding what is happening and there is hope in getting prepared.  Millions of Americans that are willingly blind to our problems are going to have their lives absolutely destroyed when they get blindsided by the coming crisis.  So please use this brief period of relative stability to get prepared and to warn others.
Once this false bubble of hope runs out, all of our lives are going to dramatically change.
Credit to Economic Collapse