Source: USAWatchDog.com
Date: 5/10/2013
by: Greg Hunter
Israel bombed Syria at the beginning of the week, and it has huge possible consequences to the U.S., Middle East and the world. The Israelis reportedly attacked multiple sites in Syria. Part of the raid was meant to destroy Iranian rockets that could strike just about anywhere in Israel. At least 100 Syrian soldiers were killed. These scud rockets are a fourth generation missile that are precision guided, carry a 1,000 pound payload and have a range of 185 miles. The Israelis are afraid of these rockets falling into the hands of Hezbollah, a terror group backed by Syria and Iran. The Iranians charge there is going to be a “crushing response.” Syria called this an “act of war.” Whatever you call it, it’s an escalation in a civil war that has already claimed the lives of 70,000 Syrians. The big problem is going to be payback and implications of this turning into a wider Middle East war and possibly world war. Russia, China and Iran back Syria. The U.S. and its allies back the rebels that have ties to al-Qaeda–also a terror group.
...
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Friday, May 10, 2013
Wednesday, March 27, 2013
Tuesday, December 18, 2012
Preparing for the Collapse of the Petrodollar System, Part 4
Source: FTM Daily
by Jerry Robinson
Miss Part One, Two, and Three? START HERE.
...
Read the rest of this great piece here
by Jerry Robinson
Miss Part One, Two, and Three? START HERE.
| Introduction to Part Four: “The War in Afghanistan and the New Great Game” |
|---|
| As we have learned from the previous articles in this series, the
petrodollar system that was cleverly crafted in the 1970′s has served
America well. What began as a way to drive more demand for the U.S.
dollar, in the wake of a move away from the international gold standard
in 1971, has provided benefits that few could ever imagine. America’s
‘dollars for oil’ system has greatly enriched our nation at the expense
of other nations and their potential prosperity. It has also helped
solidify the U.S. dollar as the global currency of choice, following a
temporary loss of credibility after President Nixon’s decision to close
the gold window.
In this fourth installment of our series, I will explain how the
petrodollar system has led the U.S. into a perpetual state of war in the
Middle East and Central Asia. In particular, this article will focus on
the rise of Al Qaeda and the Taliban, along with what I believe may be
the real reasons for the War in Afghanistan. I have entitled this piece, The Petrodollar Wars: The War in Afghanistan and the New Great Game |
Read the rest of this great piece here
Austin-Fitts: Push for digital currency or a new dollar backed by food, not oil
Source: Examiner.com
Date: December 11, 2012
by: Kenneth Schortgen Jr
Catherine Austin-Fitts, former Assistant Secretary of Housing and Urban
Development, was a guest on the Dec. 10 Coast to Coast AM radio show to
speak on the fiscal cliff, and other economic issues facing the country
going into 2013. On the subject of what may be in store for the future
of the dollar, Catherine suggested that the government is working towards implementing a new digital currency, or one that would be backed by food instead of the current petro-dollar.
...
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Editor's Note: For a primer on the current petrodollar system, visit the page "The Coming Collapse of the Petrodollar System".
Date: December 11, 2012
by: Kenneth Schortgen Jr
...
Read the rest here
Editor's Note: For a primer on the current petrodollar system, visit the page "The Coming Collapse of the Petrodollar System".
Monday, October 8, 2012
Karl Denninger-You Have to Kill Monopoly Protections of Medical System
Source: USAWatchdog.com
Date: Oct 7, 2012
by: Greg Hunter, Karl Denninger
Video Description
Karl Denninger of Market-Ticker.Org says both Romney and Obama are lying about health care reform. Denninger says drastic changes are coming no matter what, “. . . because the amount of money the federal government spends doubles every seven years . . . this is mathematically impossible.” Denninger says, “We either fix this or the government collapses along with society.” Denninger contends, “You have to kill the monopoly protections that the medical system has that prevent the free market from working.” Think we can fix the economy of health care with Federal Reserve money printing or QE? Forget it! Denninger warns, “It is a huge tax increase. . . . It acts by devaluing your purchasing power, and it falls disproportionately on the poor and lower middle class.” Join Greg Hunter as he goes One-on-One with Karl Denninger of Market-Ticker.org.
Date: Oct 7, 2012
by: Greg Hunter, Karl Denninger
Video Description
Karl Denninger of Market-Ticker.Org says both Romney and Obama are lying about health care reform. Denninger says drastic changes are coming no matter what, “. . . because the amount of money the federal government spends doubles every seven years . . . this is mathematically impossible.” Denninger says, “We either fix this or the government collapses along with society.” Denninger contends, “You have to kill the monopoly protections that the medical system has that prevent the free market from working.” Think we can fix the economy of health care with Federal Reserve money printing or QE? Forget it! Denninger warns, “It is a huge tax increase. . . . It acts by devaluing your purchasing power, and it falls disproportionately on the poor and lower middle class.” Join Greg Hunter as he goes One-on-One with Karl Denninger of Market-Ticker.org.
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