How Revolution in the Middle East Affects You

What is going on in the Middle East is breathtaking and frightening at the same time.  The unrest and outright middle east revolution is not going to be a pathway to peace and prosperity.   Libya is sliding into a bloody civil war.  The military is in control of Egypt.  Riots and protests are intensifying in other countries in the region.  Meanwhile, the price of oil is spiking because of fears of supply disruption.It is hard to know how this will turn out, but cheaper oil and more prosperity do not seem to be in the cards for the U.S. or for much of the rest of the world.  Guest writer Giordano Bruno (aka Brandon Smith) from Neithercorp.us is back with his take on the unfolding events in the Middle East.  Smith thinks the chaos is not a coincidence or that it is totally unguided.  Could disarray in that part of the world be a smoke screen to take our minds off rising inflation or distract us from an upcoming war?  Please read Bruno’s post as it may shed some light on what is happening now and how it may shape our future.  It is long but very good.   –Greg Hunter–

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Middle East Chaos:  What to Learn and What to Expect

By Giordano Bruno

Guest writer for Greg Hunter’s USAWatchdog.com

There are many different kinds of revolution; some more effective than others. Telling the difference between a successful revolution and a failed revolution can be tricky. Often, on the surface, they look exactly the same. The secret is to set aside what we would “like” to see, and be brutally honest about what was actually accomplished in the course of the dissenting action. Has power been fully rescinded by the offending government or regime to the people, or, to yet another corrupt bureaucracy with a slightly different face? Have the puppet strings of corporate globalists been severed from your country, or do they remain strong as ever? Has ANY corrupt official actually been punished for the crimes that led to the insurgency in the first place, or, did they fly off scot-free to their million dollar villas in Ecuador, drinking mojitos in wicker recliners and watching the disaster they created unfold on CNN? Who ultimately benefited from the event?

Today, the entire Middle East is on the verge of complete destabilization and possibly civil war. Tunisia, Egypt, Libya, Bahrain, Yemen, and other nations are experiencing a shockwave of unrest not seen since the 1970’s. Western media sources are calling it a “people’s revolt”, one which the Obama administration is heartily embracing like an old relative. But are we witnessing the democratization of the cradle of civilization, or something else entirely? How will we be affected by this tide of confusion? Instead of falling into panic and fear over the growing chaos, what can discerning Americans learn from a social implosion on the other side of the world that will help us to survive a similar occurrence here? Let’s examine some of the distinct moments that have characterized the Middle East debacle, the underlying and corrupt influences that surround them, as well as certain historical facts of the region that globalist engineers would rather we forget…

Molding The Arab World

Are globalist interests involved in the breakdown of the Middle East? Most certainly. However, this much widespread resentment and pent-up collective rage is not something that can be easily fabricated. It is far more likely that anger over the feudal governing tactics of dictators in the Arab world (many of which were installed or supported by U.S. and European interests) is very real, and has been building for quite some time. So then, why are Western governments applauding the overthrow of despots they themselves placed in power?

The Mubarak regime was the second largest recipient of U.S. financial and military aid in the world. One third of ALL publicly reported U.S. foreign aid goes to Egypt and Israel:

http://www.vaughns-1-pagers.com/politics/us-foreign-aid.htm

Without this vast military aid from the U.S., Mubarak would not have been able to maintain his 30 year reign. This is a cold hard fact. So then, why go against a leader you already have firmly in your grasp?

When the Shah of Iran (a violent madman we anointed) was overthrown by popular revolt in 1979, the U.S. government responded with vitriol and saber rattling. When Hosni Mubarak (a violent madman we anointed) was overthrown this past month, the U.S. government responded with cheers and warm regards. What was the difference between the revolution in Iran, and the revolutions all over the Middle East today? Insurance…

Like most puppet leaders and figureheads, Mubarak was an errand boy, a conduit for implementing globalist policies in Egypt. His relinquishment of power was in reality nothing of the kind, because the power was never his to give back. It is important to take note that Mubarak’s cabinet and most of the existing government and military structure remains firmly entrenched:

http://www.haaretz.com/news/international/egypt-swears-in-new-cabinet-retains-mubarak-era-ministers-1.345069

Field Marshal Mohamed Hussein Tantawi, who leads the ruling military council and has been defense minister for about 20 years, took “temporary” control of Egypt after Mubarak ceded authority. Tantawi retains very strong ties to Washington D.C. and an unerring loyalty to Mubarak’s policies, which is perhaps why Barack Obama seemed so jubilant about Mubarak’s departure. In the recent and controversial Wikileaks release of private diplomatic cables, Tantawi is famously referred to as “Mubarak’s Poodle”:

http://www.cbsnews.com/stories/2011/02/16/501364/main20032166.shtml

The key here is that globalist circles support the change in Egypt exactly because nothing will change for the citizenry. The Egyptian people will not gain true influence in the politics of their own country, and they may have even less influence over their own lives if a military infrastructure remains embedded within their government. Their entire rebellion was diluted and redirected, because they naively focused on Mubarak as the source of all their ills, instead of the corrupt system he was a mere front-man for.

What about Libya? Muammar Gaddafi, the crazy bag lady of third world dictators, was the darling of the UN in 2009 when he was nominated the head of the African Union. He was just as much a monster then as he is today, and as far as I know his human rights record has remained dismal, but then again, he was helping the globalists by paying the AU dues of numerous countries with Libyan oil money and luring them towards centralization:

http://www.saiia.org.za/diplomatic-pouch/libya-s-oil-makes-all-the-difference.html

Apparently, Gaddafi has outlived his usefulness as international bodies now fully support the rebellion in Libya.

Remember Tunisia? That fight for freedom that the mainstream media essentially ignored until it was almost over and the two decade rule of Zine al-Abidine Ben Ali (another despot with a history of human rights violations who was also installed with the help of Western interests, primarily Italy) was finally overthrown? Well, now globalist proponents suddenly “love” Tunisia and are promoting it as a “model revolution”. Why? Maybe because the dastardly duo of McCain and Lieberman are in town to offer the new Tunisian government “training from the U.S. to help Tunisia’s military provide security”:

http://www.reuters.com/article/2011/02/21/us-tunisia-turkey-idUSTRE71K2YE20110221

Yikes. These are the same guys who drafted the ‘Enemy Belligerents Act’ which would allow the U.S. government to treat any American citizen as an “enemy combatant”, removing Habeas Corpus and all Constitutional rights to a fair trial. I guess the lesson to Americans and most importantly the Liberty Movement is that if they can’t beat you, they’ll try to join you, and then co-opt you. My hope is that the Tunisians will turn down the Trojan Horse offerings of sewer rats like McCain and Lieberman, but if they do, I imagine the globalists will not be quite so friendly anymore.

What is happening in the Middle East is a perfect example of the manipulation of existing dissent towards establishment ends. The surface trigger for these events is obviously the doubling of food prices across the world in the past two years (you can thank the orchestrated devaluation of western currencies for a large part of this). People have a bad tendency to weather all kinds of atrocities as long as they are fed, but once certain necessities are taken from the masses, they WILL act, usually in a violent and unfocused manner. These revolutions are, for the most part, legitimate when they begin, but are co-opted as they progress, chiefly because the cultures involved do not understand where the real threat is coming from. Is centralization of the Middle East through catastrophe the goal? Perhaps, though, when all is said and done, I think the upheaval in the Middle East is much more about the U.S., than the Muslim world…

Déjà Vu All Over Again…

For those who really want a comprehensive sense of what is happening in the Middle East and why, I suggest a look into the last major Egyptian revolution of 1952. At that time, Britain was still the preeminent western power in the Arab world, and its control of the oil supply was absolute, much like the stranglehold the U.S. has enjoyed for many decades. Oil was pegged to the British sterling and any trade in crude required a conversion to the British currency. In fact, it was often said that the British Empire’s power after World War II was entirely dependent on its reserve currency status in oil markets. Any of this beginning to sound familiar?

In 1952, a revolution against the Egyptian puppet monarchy and its British overseers burst seemingly from nowhere, led by a group called the “Free Officers Movement”. In reality, the insurrection, fed by years of corrupt Aristocratic rule, was initiated and in some cases funded by both U.S. and Soviet agencies in tandem! In 1951-1952, nationalist police officers backed by the U.S. and Russia began supporting fedayeen terrorist groups using false flag attacks to weaken the region (is this sounding even more familiar?). Interestingly, this era was the birth of the so called “Muslim Brotherhood”, a group which has suddenly resurfaced in media discussion today.

Riots spread through Cairo, King Farouk was overthrown, the British were eventually run out, and their control of the Suez Canal was lost. But the story doesn’t end there…

The British and the French wanted the Suez back (at least that’s what they claimed), for control of the Suez meant control of Middle East oil markets. A plan was initiated by the two European powers to take back the canal using an Israeli invasion of the Gaza Strip as a spring board. This time, Israeli agents were used by the British to conduct false flag attacks, which were presented as a pretext for Israel to move against Egypt. The British and French followed by landing troops near Cyprus and Algeria.

The plan would have worked, except for one thing, the British were financially weak after two world wars and were completely dependent on American investment in their treasury debt. In response to the British action, the U.S. along with the UN threatened to halt investment in British debt and to stop price support of the Pound Sterling. This led to the eventual fall of the pound as the world reserve currency, and the rise of the dollar.

Official history portrays this move by the U.S., Russia, and the UN, as an attempt to undermine the long reach of the English. It is rather convenient however that the pound was dethroned just as plans for the European Union were beginning to be implemented in the early 1950’s. It seems to me that the British elites were fully aware that their futile attempts to hold onto the Middle East would result in the fall of the Pound; it was simply the British people’s turn to be taken down a few notches, and centralized. The similarities between the British Empire’s decline over Middle East oil in the 1950’s and our decline over Middle East oil today, are startling.

If history was to repeat itself, I would guess that the U.S. will soon be embroiled in political or even military operations to control the Suez, and retain its dollar peg to oil, which will illicit a negative response by international investment, causing central banks to dump their U.S. treasury investments and the dollar as a reserve currency.

Think of it as a grand theater meant to amuse only global bankers…

Energy Crisis To Strike The U.S. And Protect Globalists

An unstable Middle East benefits very few people, and that, I suppose, is the point. As we have covered here in a multitude of articles, the U.S. is on the verge of engineered economic collapse, driven mainly by the steady and purposeful devaluation of the dollar and our quickly expanding national debt. If you are a corporate central banking group seeking the death of the greenback as the world reserve currency, you face the very serious problem of avoiding immediate blame or retribution for your actions. What better way to escape the torches and pitchforks of the furious populace than to find a scapegoat, or a distraction even more terrifying than poverty?

Middle East turbulence provides the perfect smokescreen for the inflationary destruction of the dollar.

First and foremost, it hides the already skyrocketing price of energy, which was inevitable due to our devaluing currency (oil is traded primarily in dollars), but can now be blamed entirely on “Middle Eastern instability”. Already, the cost of crude has spiked to $100 a barrel, with no sign of relenting. Certainly, many Americans will now blame Egypt or Libya for their empty wallets, instead of global banks.

To add to the confusion, various agencies are feeding the MSM with a rainbow of mixed messages, which leave Americans vulnerable to uncertainty, making them far more malleable. For instance, the IMF has recently stated that the world can easily withstand $100 oil (a lie), while the International Energy Agency has stated that $100 oil would be “very very bad”, leading to a complete derailment of the global economy (which was going to occur anyway):

http://www.bloomberg.com/news/2011-02-22/world-s-economy-can-survive-short-term-surge-in-crude-oil-prices-imf-says.html

http://www.cnbc.com//id/41714336

Social and economic disaster ANYWHERE in the world today will invariably cut the thin threads of psychological faith in our so called recovery. The system was a sham to begin with, and the quantitative easing methods of the Federal Reserve were never intended to actually “save” our financial house from collapsing, just prolong the event until they were ready to sweep away the ailing remains and offer us an IMF controlled replacement. It is designed to fail, and fail spectacularly. However, these facts will sink into the fog of history if Americans are suckered into fixating on a single area of the planet as the sole source of economic catastrophe.

Finally, if the tension spreads to other nations such as Saudi Arabia and triggers violent in-fighting, or Israel is tapped as an asset to instigate wider conflict, we could be looking at all out war on an incredible scale. This would be the distraction to top all distractions.

Is American Upheaval Next?

If crude oil continues to climb above $100 for more than a couple months, the negative effects will be undeniable. If you thought we had inflation before, just wait until gas hits $5 to $6 a gallon, and shipping costs for goods explode. This doesn’t even take into account the very real possibility that once the Middle East is fully destabilized, and certain political influences are dissolved, OPEC will completely de-peg oil from the dollar. From there, the sky is the limit on gasoline values. Already, Mohamed El-Erian, chief executive officer at Pacific Investment Management Co. (PIMCO) is calling for a “stagflationary” market reaction to the turmoil in Libya:

http://www.bloomberg.com/news/2011-01-12/europe-faces-difficult-balancing-act-tackling-debt-crisis-el-erian-says.html

What will be the U.S. government response to a crashing currency and climbing costs? Austerity! Although, they will probably use different terminology to describe it. The onset of cost cutting measures is becoming more visible, especially within the states, where municipal bond investment has run screaming off a cliff. Large scale protests are erupting in Wisconsin and Ohio due to state cuts designed to help them stay financially afloat:

http://www.reuters.com/article/2011/02/22/us-ohio-protests-idUSTRE71L7SR20110222

The debate here becomes two sided; do state workers deserve to have their wages or benefits cut because state governments were fiscally irresponsible? Should states continue to run up incredible deficits just to appease state workers (who many consider overpaid) in the short term? They are both meaningful positions that need to be considered, however, these two sides miss the full picture.

The fact is, state governments are beyond broke, and eventually, they will have to nix spending and entitlement programs regardless of how anyone is affected, especially in the face of unchecked inflation. State employees and all people dependent on welfare are not necessarily the culprits behind financial clear-cutting either. The argument cannot be allowed to devolve into a mindless cage match over who deserves the money, because, first, there is no money, and second, this distracts from the original cause of the distress; the corporate banking elites who instigated the disaster in the first place. Already, I can see a certain subsection of the populace lashing out wildly at figureheads and opposition parties, just like in Egypt, instead of the corrupt system and the banking moguls who built it.

If an Egyptian or Libyan style revolt, driven by blind mob mentality, takes place in the U.S., we can expect several things to occur. Normal means of communication will be disrupted; both Egypt and Libya responded to protests by shutting down all internet and cell phone traffic. Martial Law will be enacted, and Constitutional rights suspended; continuity of government programs are already in place to legally bind states into bowing to DHS and FEMA authority in the event of any “national disaster”, including a dissenting citizenry. Immediate bank closures will follow, just as occurred in Egypt, causing a lack of liquidity in local markets and panic among those who were financially unprepared. Violence will unavoidably result, giving the Department of Homeland Security the perfect excuse to implement even more controls, all for our own “safety” of course.

Some may welcome such bedlam as a sign of change. I don’t see it that way. Revolution without direction, without a plan, and without a clear understanding of the source of the problem, is meaningless. We can allow ourselves to be herded by our own rage into even more pronounced tyranny, or we can stay focused, collected, and act with purpose by organizing our communities with the objective of self sufficiency and self protection. We can work with state legislators to bring support to Tenth Amendment issues, giving them the strength to withstand an economic collapse and the ability to turn down DHS or FEMA’s “help” when the time comes. We can organize intelligently, without centralized control, or we can hand over our destinies to yet another elite group of unaccountable autocrats. As impossible as it might seem, the choice really is up to us. How we act and react in the coming months will mean the difference between a free and prosperous America, or a scorch mark in the annals of history.

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You can contact Giordano Bruno at: giordano@neithercorp.us Smith’s web site says he, “. . . is the head writer and co-founder of Neithercorp.us which specializes in alternative macroeconomic analysis as well as studies in mainstream media disinformation.”

If you would like to contribute to his soon to be launched Alternative Market Project, visit the donate page here: http://neithercorp.us/npress/donate/

Comments
  1. Glenn

    Great read Greg and it was what I was alluding to on my last comment to your previous post. For the Globalists, it’s all a strategic game planned years in advance. One, create a financial crisis that leads to a unprecedented monetary tactic by the Fed and Central Banks to print money causing inflation and spiking commodities, especially food. Two, stand back and watch the ‘ants’ panic for a lack of it and oppresive living conditions with high unemployment. Three, uprising in the most unstable region in the world that coincidently sits on the world’s oil reserves, excluding Russia and Canada. Four, anarcy, which spreads worldwide. Five, the ineviatable crash of the dollar through the Bond market and QE Infinity. And finally, the Globalists move in to buy up everything on pennies on the dollar and then slowly rebuild America after producing its own domestic oil supply. Sounds crazy I know but…

    • Greg

      Thank you Glenn. I guess great minds think alike!
      Greg

    • sky

      citizenwarrior website state capital 2-26-2011 11:00-3:00pm, counter protest to sharia rally 3-3-2011 in front of white house 12:00-11:30pm info@atanduoamericanow.org

    • Luke

      Scarcity produces value. The fact that oil is limited creates cynical objectives of rich globalists. They won the game of chess and they will want to design the next game to always keep it in their favor. This is sad because their is a evolved process which could curtail dependence on scarcity through substainable objectives. I think the real question is.. Is it cool looking to drive a solar powered car? Or is the V8 more of a sex symbol? I think the anwser to that question will drive the objectives of the people in power.

  2. Troy

    My big question is, “Where are the Globalists putting their money while crashing the US dollar?” No point in sinking with the ship if we can find a way to tread water; maybe even discover a life raft or two.

    Do they just disperse assets among other currencies? If the plan is to hurt all currencies, then where are they investing? Entirely in metals?

    • Greg

      Troy,
      I think money is going into things like productive businesses and commodities, but who knows what the people at the very top are doing.
      Greg

      • Troy

        Cool, that’s something we can all do. In fact, now that I think about it, I’ve been doing exactly that for the last year or two. I’m sure it’s not to the same scale, or even the same arenas of business and commodities, as the Globalists. However, my lifestyle isn’t on the same scale as theirs either!

      • Bob

        buy a railroad,water rights,

    • Luke

      A smart globlist would start investing at the bottom of the pyramid. Take the 6 billion people at the bottom of the pyramid. These people earn very little money everyday. But there is 6 billion of them. So that little bit of money * 6 billion is a huge market. Instead of selling shampoo bottles, you sell packets of shampoo that are a one time use for a few cents. People at the bottom of the pyramid don’t save a lot of money and usually they earn the money they have by working each day. What I mean by this is at the end of the day they spend all there money on things to survive and then they are broke again and forced to work another day. To escape this trap they need micro-loans from “good organizations”. This is basically the only way for them to save money. Regardless there is a market for people like this. Any globalists that have any sense are not 100% cynical should see the large market to generate more cash flow here. The problem is you get some people who would rather kill these people because they see them as a blight upon the earth that just use resources. This is why the Shell corporation burns the natural gas instead of storing it to sell back to citizens that have an energy shortage. First imagine that, you live in a country “nigeria” with huge oil reserves but you have a energy shortage (COUGH CORRUPTION) then your own government and outside corporation does not take advantage of the economy at the bottom of the pyramid. They burn the natural gas because its easy to do. This burning of the natural gas causes citizens harm to their health and can kill them. This is what i mean by cynical objectives. These people committ modern day crimes against humanity in the name of profits and this is wrong.

  3. Art Barnes

    Very interesting. I can’t comment on whether the article is actual or imagined because I don’t run in those circles being an average Joe.
    But FDR once said …”if it happens in politics you can bet it was
    planned…”. President Roosevelt’s quote gives Mr. Bruno’s article high consideration in my mind.

  4. Sam

    Dear Greg,

    Thanks for the post, very thought-provoking.

    However, the author leaves out other areas of unrest. One is the so-called “Jasmine Revolution” in China, although here it seems more of a “false flag” more than anything, even though the food shortages are very real there. Second is India (which the MSM is ignoring, probably because India has nothing of value to export, except to import a lot of American jobs), where the riots are very real over the steep rise in food. Third is South Korea, where according to Zero Hedge, there are bank runs in progress, brought about by a regime as corrupt as ours, who allow “banksters” to openly steal all they want. It looks as if the “banksters” (as Gerald Celente calls them), want more than the downfall of the U.S., they want it all, the world ruled by them.

    The final paragraph seems to fall flat, as Americans are not community-minded. Perhaps my home state of Arizona and a few other states might try to break away, but on the whole Americans have been conditioned to look to “Our Father Who Art in Washington” for basic needs should things fall apart, rather than to themselves, or to their communities. Should there be martial law, there will be a seizing of private stocks of those who’ve prepared, forced to “share” with lazy neighbors who did not. There will be a “disruption” all right – a civil war between the “haves” – those who chose to prepare for disasters – against the “have nots” – those persons who trust in a beneficent government.

    • Greg

      Thank you Sam. Your comment is also very thought-provoking.

      Greg

      • sky

        Why is it that senators and congressman dont pay in social security?Why do they get a pension when they might work only 4 years,also health care for life?

        • Greg

          Sky,
          Good questions that should be answered.
          Greg

  5. Alyce

    I liked Bruno’s article, a good summary of how things are unraveling. I wish more people would take some time to really learn about issues. It seems like people I run into know that there are big problems, but rather than trying to understand, they turn to silly tv shows or sports. If that’s not enough, these people are the first to voice their opinions on matters of unions, pensions, and the Middle East. They’re the ones who think our government should “give us money”, or how the US should “just stay out of the Middle East” (like it’s so simple). I guess they’ll be the ones out in the streets of America rioting when they can’t afford a loaf of bread.

    • Sam

      An economics instructor once told me that “Americans have an economics education of a sixth grader.” More like a first grader now.

      You’re right, most Americans could care less. As Dr. Pierce once wrote, “All people care about is their sports and their funny papers.”

      Nearly 20 years ago (geez, was it that long?), I read a book by Dale Davidson and Lord Rees-Mogg called “The Great Reckoning.” They advised investors, and people in general, to read all they could on every subject, as what happened in one area impacted things here. They were so right. Weather affecting crops and manipulations by “banksters” affects food supplies and their cost, higher costs in oil affects all shipping. Prudent people save up supplies, foolish believe in the cargo cult of government.

  6. Mike on the Motor Bike

    Greg,
    I hope you don’t have a future column titled, “How Revolution in the U.S.A. Affects You.” I sure hope you don’t. What a changed world we live in.

    Well, on second thought, if the revolution is to restore our country and to restore our freedoms…..

    • Greg

      Thank you Mike, Troy and Mitchell.
      Greg

  7. Mitchell Bupp

    Bruno is right Greg. I was once a doubter of the NWO and the banksters plan to bankrupt the economy and re-invent it to their benefit. If you look at the trends and clear evidence that something is being planned and someones game plan is playing out. HOW ELSE COULD SO MANY “PROFESSIONALS” BE SO WRONG.

    sorry it just screamed out!

    Thank You Bruno and Greg

  8. M SMITH

    Greg, great stuff. I would like to add a speech from the Kansas City Fed, go to http://www.gata.org/node/9638, it will add more thought to the plot of how bad it really is. The MSM has lost all creditability when it comes to telling the truth on any subject period.

    You know what is nuts, over at http://www.goldseek.com today, R.D. Bradshaw wrote along the same theme, his work & knowledge of the Rothschild’s has been pretty much on que to world events & how they might play out. Who ever thought we would live out a night mare created by a group of progressives greedy banksters running the government like a game, but in this game the body bags are filling up as fast as they can reproduce them. May GOD BE WITH ALL!!!!!!

    • Greg

      Amen M Smith!
      Greg

  9. jg

    Great guest post; please thank Mr. Bruno for me.

    • Greg

      JG,
      I think he reads the comments on this site so you just did!! Thank you for the comment.
      Greg

  10. Davis

    The Sadness and the Danger of Left’s Inability to Make an Argument.

    I frequently post on a comment board on my local newspaper’s online edition. Although I try to post what are primarily information comments. Some of which later show up here (on my own blog). The responses I receive are generally respectful even in disagreement. There are a few however, who can’t or won’t so limit their responses. Such terms as “hack,” “tin-foil hat wearer,” “libertarian worshiper” and worse frequently appear. Such pejoratives are used as blanket condemnations of me on a personal level, without either explanation of why such conclusions are reached or even the most basic attempt to counter or refute the position I took that elicited the reaction. So a couple of days ago I posted the below comments directed towards this group, that I in general refer to the “usual suspects”:

    “I worship no one but my lord and savior Jesus Christ. (A practice you so frequently denigrate) I post no Republican “talking points.” When they are right they are right, when they are wrong they are wrong. I call them as I see them. The same applies to the Democrats. But then, I do post points of substance, and that is exactly what you can’t stand. The thought that others may apply their own critical thinking and reach conclusions different than yours it what you find so frightening. Such fear leads you to try and project you very own deficiencies onto me. The left’s drunken delusions of liberal utopia that they thought that simply electing Obama would bring to fruition have turned to chimera it but a flash of time and it enrages you. So go ahead and attack me all you want, vent your spleen until you are bled white for all I care. I have all the confidence I need that the political turmoil and financial manipulations of which I have complained and results of which I have predicted are about to merge into the breaking point of an exponential curve (there’s that pesky combination of engineering and history stuff again) that will accelerate out of control very quickly. When exactly? I can’t and won’t predict. But I do feel the winds of the flapping wings of a Black Swan, where and when it will land is anybody’s guess.”

    This, predictably, brought forth the usual vituperations, accusations of arrogance and projection those of us on the conservative side of things have come to expect.

    We must stand fast with the courage of our convictions and understand that there will always be people who are incapable of critical thinking, who are locked into a myopic partisan mindset that can only be defended by mindless regurgitation of what they have been taught. It is this shallow intellectual structure of learning “what to think” as opposed to learning “how to think” that renders them unwilling, if not incapable, of considering new information or different perspective. For them anything that demonstrates that what they have been taught to be true is no longer valid must be viciously condemned and rejected out of hand, as unworthy of even consideration. Remember the very last thing they want is for others to think for themselves, to examine both sides of an argument and reach their own conclusions.

    Such resistance structures of pathological rigid thinking can only stand for so long. Although as viewed from the inside its walls may appear to stand strong, especially to those who dwell solely within them, they are blind to the erosion of the foundation from outside currents, events and facts that will inevitably lead to their collapse. Sadly many of the inhabitants inside such structures, will, even after its collapse, insist that the disaster was not because it was built on unstable ground or was eroded by changing events and new revelations, but because so many others refused to dwell within its walls.

    And this is when we must be most guardred, because when such foundations of thought are torn away it can lead to an instability that feels justified in resorting to violence.

    • Greg

      Davis,
      Please comment here anytime you wish! Thank you.
      Greg

      • T.W. Hartman Jr.

        in my humble opionin sitting her at 2:30am sat 26FEB11,i have to say that I’ve always felt in my heart of hearts from the very begining, from the first time I looked up into the heavens & said to our heavenly creator: Lord,GOD what kind of dasterdly deed did u let man perpetuate apon his fellow man(THIS GLOBAL MESS,- THAT IS BY DESIGN- MEANT TO FAIL!)Then low & behold the answer came to me, this is exactly as it was meant to be.For in the end as you will see, this is why I will have to come to set you free!!!FREE OF THE OIL BARONS: FREE OF THE MONEY WARLORDS: FREE OF THE LIARIES & THIEVES THAT PULL THE PUPPET STRINGS IN OUR DAILY LIVES. OH YES, He will come again to set us free, but the question that remains is;are you ready!CAN & DOES THE AVERAGE JOE REALLY WANT TO KNOW THE REAL TRUTH? I don’t know about the rest of our fellow man but,I DEFINITELY WANT TO KNOW THE TRUTH!!!!!!!!Thanks for letting me share.

  11. Denarius

    “. . . these people are the first to voice their opinions on matters . . . ”

    Alyce, all too true. “Meercans” are known the world over to
    have “an opinion on everything and knowledge of nothing.”

    “. . . there will be a seizing of private stocks of those who’ve
    prepared, forced to “share” with lazy neighbors who did not.”

    Sam, to survive the raid, it has been suggested to have only a
    normal amount of food in the cupboard and pantry. That will
    satisfy the police-state thugs. Meanwhile, all your long-term
    stored supplies are inside your interior walls. Isn’t it time for
    an interior renovation anyway?

  12. Tony

    Hi Greg,
    Very sold material as always. I feel by reading you, John Paul Roberts and Max Keiser, that I can keep up for the most part.
    I’ve noticed a few responses in this article as well as others, where people are suggesting we hide our food from the government.
    Do you really think it will be so bad that the police will be going house to house and ripping us off as well as punishing the people with food.

    I know the country is in trouble, big trouble, but come on! Yes, anything is possible, but let’s be realistic.
    If the cops truly start going door to door, they will be killing people, taking the guns and food. We will be in full revolution I would think.

    Can it get that bad? Please be realistic. I don’t prepare for the 1 in a 1000 possibility.
    That’s no way to live.
    There’s always someone who believes the world is going to come to an end. We all have opinions, I respect that.
    I have my 6 months of food, silver, mentally prepared I like to think, but if the powers are going to break into my house and steal my food what’s the point. Preparing means nothing the, no hope!

    Tony

    • Greg

      Tony,
      I have no way of knowing how bad things will get, but I do know that what is going on now has never happened before (on this scale) in human history. There is $600 trillion (Some say more than $1,000 trillion) in what many call the “black pool” of over-the-counter derivatives. There is no public market, not regulation and no guarantees. Think mortgage-backed securities, credit default swaps and structured investment vehicles and with the trillions thrown at this problem nothing is truly fixed. This is the main reason the money printing at the Fed has not and will not stop. This means, in the end the currency (U.S. dollar) will be either drastically reduced in value or be totally destroyed. What happens when money dies? Ugly and terrible things especially for the unprepared. I don’t think the cops will be the ones coming to your door to take your food, but your neighbor might. In the end, who knows what will happen but just the fact a collapse is on the list of probabilities should be frightening. I think I would over prepare for what is coming than under prepare. Make no mistake, we are headed for very bad times here in America, no one really knows just how bad. I am not trying to scare you or anybody else, but what is coming is bigger than anything that has happened in the last 300 years. I will close with a snippet from an earlier post I did called ” Will Raising the Debt Ceiling Bail Out the Banks, Again?” I will close with a quote from 87 year old Harry Schultz. He is widely respected for his economic and market calls published in his newsletter. Schultz recently retired, but in his final post, he gave this warning: “Roughly speaking, the mess we are in is the worst since 17th century financial collapse. Comparisons with the 1930’s are ludicrous. We’ve gone far beyond that. And, alas, the courage & political will to recognize the mess & act wisely to reverse gears, is absent in U.S. leadership, where the problems were hatched & where the rot is by far the deepest.” (To read more about Mr. Schultz from the EconomicPolicyJournal.com.)

  13. George

    Gold is up from 1,333.70 [1/31 close] to 1,410 [2/25 close] a 5.72% increase (Richard, please check the math) and an oil [Nymex] 94.22 to 98.23 for the same period, a 4.26% increase. In turn, while I can’t give exact numbers on the U$Dollar Index, but from what I can see it looks like the dollar index is down about 2% for the same period. Who would have thought that a world crisis would increase the value of the Euro, even as the new media talks of more Euro zone countries being insolvent?
    If you choose, Oil and annualize the rate, you get 51.12% increase and if you go with Gold you get a 68.64% increase. Silver is at 200%+. These are INCREASES as opposed the US Dollar decreasing.

    • giordano

      George,

      The U.S. Dollar index is not an accurate index of true currency devaluation, mainly because it is derived by measuring the dollar against a basket of currencies which are also devaluing, primarily the Euro.

      Most nations have responded to the credit crisis by initiating substantial liquidity injections This is why we have 50%-100% inflation in nearly all commodities (including grains) all over the world, and yet the dollar appears to only fall 2%, or the Euro actually rises. Traditionally, gold and silver markets would be used to measure dollar inflation, but precious metals have been manipulated down through naked short selling and unbacked paper ETF’s by banks like JP Morgan for decades. Gold should really be valued at around $3000 an ounce today.

      Unfortunately, the fall of the greenback will only become obvious in primary indexes once it loses its world reserve status and begins plunging at a rate much faster than other currencies.

  14. M SMITH

    Greg, here is more to add to the bigger pitcher thats happening world wide.
    The whole blow up across the Arab nations looks as it was well planned, not by the people by the CIA as google as the spark to light the fire now burning out of control. Americans have been betrayed just as the Arabs. The more I dig for facts the more that seems clearer to why this was planned & by whom. It all has to do with the dollar, oil & a well drawn out plan by the elites of the world. For more data,google Lindsey Williams or go to infowars.com, you will be stuck to your seat as you hear his story. At this stage, we must look at all data that comes to us when the MSM black washes the truth to lead the sheeple to slaughter.

  15. nm

    “Unfortunately, the fall of the greenback will only become obvious in primary indexes once it loses its world reserve status”…

    And when will this happen or why hasn’t it happened yet? Could it be that nobody knows what to replace it with?

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