The US Economy Is Days Away From Shutting Down

If the back up of the container cargo ships, in American ports, continues much longer, our stores will soon look like what is pictured here.

A Telling Report From Tacoma

The Global Economy Has Officially Crashed

The BDI has officially reached record lows. A global economic collapse is underway.

The Baltic Dry Index has officially hit rock bottom with unprecedented lows. The forces behind the Trans Pacific Partnership have effectively used their influence to greatly stall the delivery of critically important commodities until the TPP is fully implemented among its member nations.

Who is responsible for the crash caused by the failure to move product through the world’s ports?

Trans Pacific Partnership, Was Initiated at U.S. West Coast Ports
on February 13, 2015

The above headlines tells who is behind what is happening, it does not tell you how bad it is going to get. The unions are refusing to back down and it is for darn sure that the TPP will not back down either!

The backlog of ships is a crisis being done on purpose because the private multinational corporations want to empty the shelves in supermarkets nationwide for three or four weeks is designed to force the American people to approve the blackmail contained in  the Trans Pacific Partnership. This is the economic end-game which will permit these multinational corporations to become nation-states across the planet.

Most Americans will fail to notice the threat until they can no longer purchase food in the super-markets, or mail-order prescription medications are not shipped. The sheep of this country will still be in denial that this could ever happen. The unions have now been idled, at major American shipping ports, because the multinational corporate owners of the shipping companies are keeping their ships filled with perishable goods at sea until all governmental opposition to the fast-tracked TPP is ended. Watch this video and listen to the what LA City Councilman, Joe Buscaino says when he states that even if product were to be off-loaded, in force, today, it would still take six to eight months to “get back to normal”. The United States economy does not have six to eight months to recover. It does not have six to eight days to survive the economic Armageddon that is coming.

Meanwhile, While We Slept

While the United States is fully preoccupied with global crises ranging from the fight against ISIS in Iraq and Syria, and the conflict in Ukraine, there is another development on the world stage which threatens the economic health of every single American and American based business. Specifically, I am referencing the Trans Pacific Partnership (TPP). The protocols of the TPP establish a free-trade zone/bloc stretching from Vietnam to Chile and Japan. The most draconian free trade agreement in history includes nearly a billion people which encompass almost 40% of the world’s economy. Since Obama failed to fast-track the TPP into law last year, he has made amazing progress and America is nearing its fate with economic Armageddon.

Transferring the American Economy to a Corporate Dictatorship 

As America races toward her date with destiny, there is yet another “fundamentally transforming” event coming her way and that event is known as the Trans-Pacific Partnership (TPP).

Many of us in the media believe that some of the effects of the TPP will be felt before the coming war and martial law crackdown. However, after careful analysis, I am convinced that the brunt of the TPP will be felt after the America we know has been totally taken over in a post-war and post-economic collapse scenario. At the end of the day, it does not matter when the implementation of the TPP comes, because when it does, America will no longer be recognizable to anyone who has grown up in this once great country.

The Implementation of the TPP Is Progressing By Stealth

Some of you are reading these words have no idea what the Trans-Pacific Partnership consists of. Most of you have never heard of it. Some of you have heard or read the term, but fail to realize the extreme danger that the implementation of this so-called trade agreement will mean to America and our way of life. A scant few are coming to realize just how dangerous the TPP truly is. For the record, the TPP is masquerading as a free trade agreement involving the US, Australia, Japan, Canada, Brunei, Vietnam, Malaysia, Chile, Mexico, New Zealand, Peru and Singapore. The TPP is much, much more than a free trade agreement.

With regard to the TPP, ignorance of the organization is understandable. We in the truthful part of the media have not fulfilled our duty to fully explore the ramifications of the TPP because so little is publicly known. Obama has taken full advantage of the cloudy environment and is preparing to even bypass the constitutionally required approval of the Congress before implementing the TPP through a process called “fast-tracking”.

Obama Is Bypassing Congressional Approval

Under the TPP, GMO labels for US food would not be allowed. Also not allowed is any form of Congressional oversight. 

President Obama are indeed seeking Fast Track Trade Promotion Authority for the TPP as he feverishly attempted to get the deal done by the end of the year. The REAL reason that the cargo container ships are backed upon our ports is because the TPP and Obama is holding all the parties hostage until they get what they want, the fast-tracking approval which will allow Obama to completely ignore Congress in regard to allowing Congress to fulfill its statutory duty in approving all trades.  Obama, on behalf of the TPP wants to break the unions and all power of any ancillary support group, which is why we are seeing products backed up in our ports. Under such an agreement, this would permit Obama to sign the trade agreement “without Congressional approval.”

All action, emanating from the U.S. government, with regard to the TPP, is secret. When something is secret and kept from you, it is usually very bad for you!

After “Fast-Tracking”, Obama would send the finalized agreement to Congress and this would subsequently force a vote within 90 days. Congressional debate would be very limited and no amendments would be permitted. Even if Congress wanted to protect the American worker and the American economy from devastation, they cannot if Obama obtains the power to fast-track the TPP.

Let’s be clear, Obama is violating the separation of powers principle of the US Constitution by leaving Congress in the dark and by limiting their ability to use their Congressional powers as they would with any other legislation. The rumors of the TPP policies are so horrific that even the Kool-Aid drinkers from the Democratic party are calling on Obama to allow more transparency. Congress is asking Obama to allow for more transparency? I did not know that we passed a Constitutional amendment which states that Congress works for Obama.

The TPP Represents the Total Loss of US Sovereignty

The TPP is the brain child of the corporations. The TPP places all member nations directly under the control of the TPP instead of their respective national governments. Congress has been denied access to review any of the documents. Alan Grayson (D-FL) was granted a special exemption to view a small part of the TPP and he was told by TPP officials to keep his mouth shut as Grayson recalls that “They maintain that the text is classified information. I’m a member of Congress, but now they tell me that they don’t want me to talk to anybody about it because if I did, I’d be releasing classified information.”  Do you realize what this means? The corporate controlled TPP has granted themselves the authority to exercise the governmental power of classifying documents and Congress is included in the exclusion. Do you understand that this means we are living in a corporate dictatorship? It gets even worse.

Meet Your New Government: Monsanto and Walmart

As if it is not egregious enough that Congress is not allowed to view TPP documents, the 600 corporate officials, who form the TPP panel (e.g. corporate officials from corporations such as Monsanto and Walmart), have complete control of the developmental process of the TPP. Obama, Monsanto and Walmart can view any part of the process, Congress and the American public cannot.

Further, a leaked chapter of the TPP speaks to the creation of a TPP Tribunal Council which will have the authority to force member nations to transform its laws, its civil procedures, its criminal procedures, even its electoral process, in order to abide by the TPP Tribunal dictates. The bottom line is that we are witnessing the destruction of the Constitution and the entire legal code of the United States, because once the tribunal makes a ruling with regard to a national law, there is no appeal. The Tribunal consists of unelected bureaucrats who are appointed by the creators of the TPP. The term of office for Tribunal officials is unlimited.

The most disturbing aspect of this agreement is that the TPP totally eviscerates the Tenth Amendment of the US Constitution. If, for example, the State of Arizona wanted to outlaw fracking, the TPP could overrule the local legislation if it so desired. To illustrate how far this unconstitutional corporate power extends, the TPP could declare cocaine trafficking to be legal and this could not be challenged by any level of government, nor is it subject to review by the Supreme Court. Obama and his TPP cronies are writing the obituary for the U.S. Constitution.

The TPP represents the total obliteration of American sovereignty. Oh yeah, I almost forgot to mention another small set of details. How long do you think it will take until the TPP imposes a draconian version of cap and trade upon the American people and small businesses? The cap and trade version of what Obama tried to get passed in the Senate, when he first took office, consisted of reducing everyone’s energy consumption by 80% and utility rates “would necessarily skyrocket.”

Please pause for just one moment and ask yourself if you like would like an 80% reduction of individual and business energy use and what that dramatic reduction of energy use would look like? The rank and file in this country would effectively be living in 1890.

This is Agenda 21 on steroids and it is being fully implemented through the back door. That is why the TPP is being kept from Congress and the American people.

These facts lead me to state that, if any of this is remotely true, then this President needs to be arrested and tried for treason.

Where Is This Headed?

The BDI is now at an all-time low

Obama’s fast tracking of the TPP which was designed to be completed by the end of the year would have coincided with the commencement of many of Obama’s health care reforms which have now been implemented as of February 15, 2015 (e.g. the tripling of Obamacare fines and the full exposure of the “death panels” which deny many kinds of healthcare treatments at age 70 and above). And all of this coincides with communist take-over of the United States economy.

I wish I could accurately state that the loss of sovereignty is the only threat that the TPP poses to the American people. However, to say so, would constitute a grossly inaccurate statement. Under the TPP, the alternative media will be destroyed, guns will be confiscated and the face of American employment will be forever changed in ways that you will not believe. If anything, this article has understated the threat posed to America by the TPP. The TPP is not a free trade agreement, it is a document which introduces a new era into American government. If the TPP passes, we will be living in an absolute fascist corporate dictatorship.

This constitutes a form of economic martial law. And while this article is passing out one nightmare after another, please consider the fact that China and Russia are being purposely left out of the TPP. Why?  From an economic standpoint, that makes no sense unless one realizes that we are on a collision course with World War III and the BRIC nations, headed by China and Russia who will be our opponent in the upcoming conflict and the military balance of power is purposely being shifted by senior American politicians which are intentionally designed to weaken both the American economy and the American military.

Massive shortages are at our doorstep and the US economy is days away from shutting down. Walmart is resupplied six times per day. The shortages will soon show up in your shipped medications, food supplies and so forth. The crisis isn’t coming, it is here!

This article only served the purpose of introducing the gravity of the problem. What this truly entails for the average American, and more importantly, what, if anything, can be done about it, will follow in future articles.

Credit to Common Sense

CERN’s Move To Restart Large Hadron Collider At Double Power Reignites Doomsday Fears

Reports that CERN scientists will restart the powerful Large Hadron Collider (LHC) in March, 2015 for another three-year long run of high-energy collision experiments have reignited longstanding fears that the experiments could destroy the Earth and even the entire universe. 

Fears that high energy collision experiments with the LHC, the world’s largest particle accelerator located in the Jura mountains near the Franco-Swiss border, could trigger an Earth-wide or even universe-wide catastrophe have been increased by news that the newly upgraded LHC will generate particle collisions at nearly double the energy level previously achieved. 

For instance, doomsday theorists argue that the effects of high energy collisions being generated in nature could be different from the effects of collisions generated artificially in a collider. The effect of natural spontaneous collision events could dissipate harmlessly in outer space while those in an enclosed artificial environment within the Earth’s atmosphere could prove harmful, some argue. 

But ultimately, even those who are not susceptible to “chicken little” worries must admit that because scientific theories and understanding are under constant development and revision, no one, including “experts,” can claim honestly that they are certain how to accurately assess the risks of conducting groundbreaking experiments, such as running powerful particle accelerators on Earth. Hopefully, future generations will understand better the risk, if any, that scientists are taking now, provided our much abused planet and the billions of human beings who seem to delight in tempting fate are still here




Credit to Skywatch.com

Top Rabbi Renews Call to Arm European Jews

A prominent rabbi has reiterated his calls for new legislation that would allow Jewish people in Europe to carry guns, following the attacks in Denmark this weekend in which two people were shot dead - one outside a synagogue - and accused European governments of not taking the threat of antisemitism seriously enough.

Rabbi Menachem Margolin, director general of the Rabbinical Centre of Europe (RCE) and the European Jewish Association (EJA) - the largest federation of Jewish organisations and communities in Europe - has called the shootings in Copenhagen a “very clear confirmation” that gun laws need to change.

Following the Paris attacks in mid-January, Rabbi Margolin wrote a letter, seen by Newsweek, that called on all European governments to alter gun licensing laws so that Jews could carry weapons.

Credit to Newsweek

Russia Launches Own 'SWIFT' Service

Almost 91 of Russia's credit institutions have been incorporated into a newly launched Russian domestic 'SWIFT' analogous.

Latvian PM Says Exclusion of Russia From SWIFT to Paralyze Global Economy

Ekaterina Blinova — Almost 91 domestic credit institutions have been incorporated into the new Russian financial system, the analogous of SWIFT, an international banking network.

The new service, will allow Russian banks to communicate seamlessly through the Central Bank of Russia. It should be noted that Russia's Central Bank initiated the development of the country's own messaging system in response to repeated threats voiced by Moscow's Western partners to disconnect Russia from SWIFT.

© SPUTNIK/ ALEXANDER ASTAFIEV

Moscow Promises 'Unlimited' Response if SWIFT Limits Operations in Russia

SWIFT (The Society for Worldwide Interbank Financial Telecommunication) is a Belgium-based international organization that provides services and a standardized environment for global banking communicating that allows financial institutions to send and receive messages about their transactions.

Joining the global interbank system in 1989, Russia has become one of the most active users of SWIFT globally, sending hundreds of thousands of messages per day. In general, SWIFT provides a secure communication network for more than ten thousands of financial institutions around the world, approving transactions of trillions of US dollars.

© PHOTO: HTTPS://TWITTER.COM/SWIFTCOMMUNITY/

West to Face Risks If Disconnects Russia From SWIFT Payment System

Earlier this month Russian Deputy Prime Minister Igor Shuvalov expressed confidence that Russia would not be disconnected from SWIFT. In her turn, Russian Central Bank First Deputy Chair Ksenia Yudaeva called upon Russian civilians and financial institutions not to dramatize the current situation.

Russian experts point to the fact that Western businesses would face severe losses if they expelled Russia from the international SWIFT system. On the other hand, the alternative system launched by Russia might reduce the negative impacts caused by measures imposed by the West, including possible disconnection from SWIFT, and diminish Western financial dominance over Russia.

Credit to Sputnik

Read more: http://sputniknews.com/business/20150213/1018240631.html#ixzz3Rxpw6fwY

Rev. Graham: ‘Imagine the Outcry if 21 Muslims Had Been Beheaded by Christians?

The Islamic State beheaded 21 Egyptian Christians over the weekend, propping the severed heads on the victims’ backs, a barbaric slaughter that led Reverend Franklin Graham to ask, “Can you imagine the outcry if 21 Muslims had been beheaded by Christians?”

“Where is the universal condemnation by Muslim leaders around the world?” he asked.

The brutal killing of the 21 Egyptian Coptic Christians, who had been abducted in Libya by members of the Islamic State, was videotaped and the entire death film was posted online on Sunday, Feb. 15. It is entitled, “A Message Signed With Blood, To The Nation of the Cross.”

In a Facebook post on Feb. 16, Rev. Graham, who heads the Billy Graham Evangelistic Association, said, “The militant Islamic terrorist group ISIS has released a video called A MESSAGE SIGNED WITH BLOOD TO THE NATION OF THE CROSS  showing the beheadings of the 21 Egyptian Christians who had been kidnapped in Libya.”

“Can you imagine the outcry if 21 Muslims had been beheaded by Christians?” said Rev. Graham. “Where is the universal condemnation by Muslim leaders around the world?”

“As we mourn with the families of those 21 martyrs, we’d better take this warning seriously as these acts of terror will only spread throughout Europe and the United States,” warned Rev. Graham.

“If this concerns you like it does me, share this,” he said. “The storm is coming.”

21 Egyptian Christians, in orange suits, moments before they were beheaded with knives by members of the Islamic State. (Photo: IS video)

In a statement published in their propaganda magazine, Dabiq, the Islamic State said that in the murder of the 21 Christians it is “important for Muslims everywhere to know that there is no doubt in the great reward to be found on Judgment Day for those who spill the blood of these Coptic crusaders wherever they may be found ....”

The Dabiq article accuses the Copts, an Orthodox Christian minority dating back to the first century church, of being followers of Pope Shenouda III – head of the church from 1971 until his death in 2012 – and of “the taghut[idolator] Sisi,” a reference to President Abdel Fattah el-Sisi, who is also reviled by Islamists.

In addition to his work at the Billy Graham Evangelistic Association, Franklin Graham, son of world-renowned evangelist Billy Graham, is president of the international relief group Samaritan’s Purse. Rev. Franklin Graham frequently speaks out against the dangers of radical Islam and sharia (Islamic law).

The Islamic State video of the killing can be viewed here.  WARNING, the video shows explicit and graphic violence.

Credit to CNS

Why a $1 Billion Bank Hack is a False Flag

Greece And Euroland's Crumbling McMansion Of Debt

All the gimmicks lenders press on borrowers to maintain the artifice that the loan is being serviced are financial frauds.

Sometimes the best way to summarize a complex situation is with an analogy. The Greek debt crisis, for example, is very much like the subprime mortgage crisis of 2007-08.

 

As you might recall, service workers earning $25,000 annually got $500,000 mortgages to buy McMansions in subprime's go-go days. The applicant fudged a bit here and there on income and creditworthiness, and lenders reaping huge profits from originating and selling mortgages were delighted to ignore prudent underwriting standards and stamp "low-risk" on the mortgage because it was quickly sold to credulous investors.

 

The bank made its money in transaction and origination fees, and passed the risk of default on to investors who accepted the fraud that the loan was low-risk.

 

The loan was fundamentally imprudent and risky because the borrower was not qualified for a loan of such magnitude. But since the risk was distributed to others, the banks ignored the 100% probability of eventual default and skimmed the profits upfront.

 

Greece was the subprime borrower, and its membership in the euro gave the banks permission to enter the credit rating of Germany on Greece's loan application. Though anyone with the slightest knowledge of Greece's economy knew it did not qualify for loans of such magnitude, lenders were happy to offer the loans at interest rates close to those of Greece's northern neighbors, and then sell them as low-risk sovereign debt investments.

 

In effect, the banks were free-riding the magical-thinking belief that membership in the euro transformed risky borrowers into creditworthy borrowers.

 

It's as if the $25,000/year worker wrote in a rich cousin's sterling credit score on his mortgage application. The lender and applicant conspired to fudge the numbers to lower the apparent risk of the loan. In the case of Greece, Greece and the lenders each fudged the numbers; there was no real penalty for doing so, and the rewards for doing so were substantial.

 

Marginal borrowers eventually default, and sure enough, both the subprime borrower and Greece soon defaulted. Life isn't perfect; people lose their jobs, get divorced, have medical emergencies, etc., and recessions lower GDP and national income.

 

Prudent lenders make allowances for these risks. But lenders who make big money originating loans and offloading them to others have no incentive to be prudent; rather, they have every incentive to make as many loans as they can, as quickly as they can, to maximize their profits.

 

Faced with massive writedowns, the lender has two choices: it can loan the defaulting borrower more money, with the explicit guarantee that the borrower will use the money to pay interest on the original mortgage. The total loan amount goes up, but the loan stays on the books at full value.

 

Or the lender can roll the mortgage into a lower-interest loan, effectively entering partial forbearance: the promised return on the mortgage plummets, but as long as the borrower makes small monthly payments, the loan stays on the books at full value.

 

Both of these strategies have been deployed in Japan for decades to keep impaired debts on the books at full value.

 

The last choice is to turn the mortgage into a zombie loan: the loan is neither written off nor listed as being in default: it enters a zombie state, not in good standing but not in default, either. The mortgage can stay in this netherworld for years, as the lender waits for the market to rise enough that the house can be sold without the lender absorbing a huge loss on the mortgage.

 

Unfortunately for buyers of sovereign debt, there is no house that can be sold to pay down the debt. Lenders can demand the debtor-nation sell off its assets to make good on the loans, but there is little recourse should the debtor-nation refuse.

 

When the borrower can barely make the monthly payment, he becomes a zombie. The loan principal barely budges, and so the future is unending penury. The borrower can cut expenses--bike to work, only eat beans and rice, only buy thrift-store clothing, etc.,--but this austerity doesn't change anything: he still can't afford the loan.

 

This is why austerity is a fake solution: no matter what the guy earning $25,000 a year does, he will never be able to pay down the $500,000 mortgage.

 

Meanwhile, the poorly constructed McMansion is falling apart. The loan didn't boost the borrower's productivity, or create a new income stream; the borrowed money was squandered on something that did nothing for the borrower that something much, much cheaper could have done just as effectively.

 

What did Greece get for its $300+ billion in debt? Did it transform the lives of all citizens for the better, fix all its dysfunctional systems, and build an economy for the 21st century? No; the borrowed money simply masked the dysfunctional systems and allowed the Status Quo kleptocracy to reap fortunes.

 

Greece's lenders want to keep the imprudently issued loans on the books at full value.They followed the strategy of loaning Greece more money, but only to make the interest payments. Now there is fevered talk of some version of partial forbearance: rolling the debt into new loans, perhaps writing off a chunk of the debt, etc.

 

None of this changes the fundamental fact that Greece was unqualified to borrow that much money. No matter what the guy earning $25,000 a year does, he will never be able to service the $500,000 debt in a way that frees him from zombie servitude to the lender.

 

So the hapless subprime borrower with the crumbling McMansion and Greece both have the same choice: decades of zombie servitude to pay for the crumbling structure, or default and move on with their lives.

 

All the gimmicks lenders press on borrowers to maintain the artifice that the loan is being serviced are financial frauds. They are simply new frauds piled on the initial fraud of issuing a visibly imprudent loan. The borrower was not creditworthy and the lender should never have offered him loans of that magnitude and at that low interest rate. The losses belong to the lenders, period.

Credit to Zero Hedge