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Friday, November 30, 2012

Angry New Yorkers say Obama pledge to cut red tape ignored by FEMA | Fox News

Angry New Yorkers say Obama pledge to cut red tape ignored by FEMA | Fox News

Update on Egypt

News from The Associated Press

PJTV: Pelosi Shows Her Strong Knowledge of the Constitution

Gun Control, RIP | The American Conservative

Gun Control, RIP | The American Conservative

The Myth of American Meritocracy | The American Conservative

The Myth of American Meritocracy | The American Conservative

Listener Questions 11/28/12 Preview

Democratic Rep: Amend Constitution To Allow Control Of Speech « CBS Atlanta

Democratic Rep: Amend Constitution To Allow Control Of Speech « CBS Atlanta

Gibson: Tax Pledge Doesn’t Count Because District Number Changed - By John Fund - The Corner - National Review Online

Gibson: Tax Pledge Doesn’t Count Because District Number Changed - By John Fund - The Corner - National Review Online

Benghazi Bimbo Susan Rice Has Ties To Iran

Benghazi Bimbo Susan Rice Has Ties To Iran

Increasing European Fragmentation (Agenda)

Best iPhone apps of 2012

Best iPhone apps of 2012

Gov. Brewer Rejects State-run Health Exchange For Arizona

Gov. Brewer Rejects State-run Health Exchange For Arizona

Study Links High-Fructose Corn Syrup to Diabetes

Study Links High-Fructose Corn Syrup to Diabetes

Treasury Needs a Tax Expert, Not a Wall St. Banker

Treasury Needs a Tax Expert, Not a Wall St. Banker

Sen. Paul Declares Victory for Americans’ Right to Trial by Jury Rand Paul | United States Senator

Sen. Paul Declares Victory for Americans’ Right to Trial by Jury Rand Paul | United States Senator

Gold: The Solution To The Banking Crisis? | ZeroHedge

Gold: The Solution To The Banking Crisis? | ZeroHedge

Islamist-Dominated Egypt Panel Hastily Approves Draft Constitution Without Input From Liberal & Christian Members | TheBlaze.com

Islamist-Dominated Egypt Panel Hastily Approves Draft Constitution Without Input From Liberal & Christian Members | TheBlaze.com

121130 - Global Energy Balance

70% of Jobs “Created” Don’t Require a College Education « naked capitalism

70% of Jobs “Created” Don’t Require a College Education « naked capitalism

Obamacare Hidden Taxes Exposed

Obama demands $1.6 trillion tax boost, and an unlimited credit card | The Daily Caller

Obama demands $1.6 trillion tax boost, and an unlimited credit card | The Daily Caller

Egypt constitution finalized as opposition cries foul | Reuters

Egypt constitution finalized as opposition cries foul | Reuters

The best and worst run states in America - Business on NBCNews.com

The best and worst run states in America - Business on NBCNews.com

TSA claims Congress has no jurisdiction over it; refuses to attend hearings

TSA claims Congress has no jurisdiction over it; refuses to attend hearings

Mish's Global Economic Trend Analysis: French Unemployment Highest in 14 Years (And It's Going to Get Much Worse)

Mish's Global Economic Trend Analysis: French Unemployment Highest in 14 Years (And It's Going to Get Much Worse)

Where Hamas Goes From Here | Foreign Affairs

Where Hamas Goes From Here | Foreign Affairs

112912 Sen. Rand Paul floor speech in defense of the Sixth Amendment

112912 Sen. Rand Paul speaks in support of Feinstein-Lee amendment to NDAA

Thursday, November 29, 2012

Mimicking Breivik in Poland | Stratfor

Mimicking Breivik in Poland | Stratfor

The Lottery Is A Tax On The Poor - Business Insider

The Lottery Is A Tax On The Poor - Business Insider

Latin America's Economic Divide

Video: The 60 year mystery of the fate of Lt Billie Harris | The American Legion's BurnPit

Video: The 60 year mystery of the fate of Lt Billie Harris | The American Legion's BurnPit

Linda Robinson on U.S. Special Operations

New small fission reactor for deep-space missions demonstrated

New small fission reactor for deep-space missions demonstrated

Houston Concealed Carrier Shoots 2 of 3 Robbers, Kills 1

Houston Concealed Carrier Shoots 2 of 3 Robbers, Kills 1

Obama Calls on Citizens to Ask Congress to Slit Their Throats « naked capitalism

Obama Calls on Citizens to Ask Congress to Slit Their Throats « naked capitalism

Tax Exodus: 5 States That Residents Are Fleeing

Tax Exodus: 5 States That Residents Are Fleeing

United Nations threatens Colorado, Washington state over marijuana decriminalization laws

United Nations threatens Colorado, Washington state over marijuana decriminalization laws

Gingrich: House Republicans should stop negotiating with President Obama | The Daily Caller

Gingrich: House Republicans should stop negotiating with President Obama | The Daily Caller

Remember when the idea of the government reading your emails was a 'conspiracy theory?'

Remember when the idea of the government reading your emails was a 'conspiracy theory?'

Tech at Night: Google gets its way against Obama, to everyone’s surprise? | RedState

Tech at Night: Google gets its way against Obama, to everyone’s surprise? | RedState

Rand Paul renews threat to filibuster the NDAA | The Daily Caller

Rand Paul renews threat to filibuster the NDAA | The Daily Caller

Wednesday, November 28, 2012

BBC News - Underemployment affects 10.5% of UK workforce

BBC News - Underemployment affects 10.5% of UK workforce

Guest Post: The Madness Of A Lost Society | ZeroHedge

Guest Post: The Madness Of A Lost Society | ZeroHedge

Fears grow over efforts to govern the web - FT.com

Fears grow over efforts to govern the web - FT.com

DC Takes Top Honors -- for Worst Graduation Rate in U.S. | CNS News

DC Takes Top Honors -- for Worst Graduation Rate in U.S. | CNS News

Is Egypt about to become the new Iran? – Telegraph Blogs

Is Egypt about to become the new Iran? – Telegraph Blogs

Phil Matier: Oakland Crime Rate Soaring As City Loses Officers « CBS San Francisco

Phil Matier: Oakland Crime Rate Soaring As City Loses Officers « CBS San Francisco

Sen. Rand Paul Voices Support for Feinstein-Lee NDAA Amendment - 11/28/12

The Navy's Modified X-47B Unmanned Drone - Business Insider

The Navy's Modified X-47B Unmanned Drone - Business Insider

PJTV: The Rich Ditch Britain: Millionaires Disappearing at Alarming Rate...

Religion As A Political Tool

Coal Industry and Shadow Lending in China

Polymer implants could help heal brain injuries

Polymer implants could help heal brain injuries

Nigel Farage ~ The Ron Paul Of Europe Exposes Globalist Tyranny

Radiation Roll-Over: Giant sarcophagus built at Chernobyl nuclear plant

The End Of The Smartphone Era Is Coming - Business Insider

The End Of The Smartphone Era Is Coming - Business Insider

Egypt: protesters descend on Tahrir Square | World news | The Guardian

Egypt: protesters descend on Tahrir Square | World news | The Guardian

Indiana State Police Chief: Legalize and Tax Pot

Indiana State Police Chief: Legalize and Tax Pot

Obama’s New Normal: 4 More Years of Job Declines

Obama’s New Normal: 4 More Years of Job Declines

121128 – Don’t Be A Statistic | The Hyper Report

121128 – Don’t Be A Statistic | The Hyper Report

Global government now seeks total control over the internet

Global government now seeks total control over the internet

Harry Reid's Power Grab: What Conservatives in the Senate Should Do

Harry Reid's Power Grab: What Conservatives in the Senate Should Do

WH oddly quiet about that bill shielding airlines from European carbon fees that Obama just signed « Hot Air

WH oddly quiet about that bill shielding airlines from European carbon fees that Obama just signed « Hot Air

Notwithstanding the “Grand Bargain” Siren Song, there’s No Practical Argument for Tax Hikes « International Liberty

Notwithstanding the “Grand Bargain” Siren Song, there’s No Practical Argument for Tax Hikes « International Liberty

Tuesday, November 27, 2012

Rice concession on Libya fails to mollify 3 in GOP - Yahoo! News

Rice concession on Libya fails to mollify 3 in GOP - Yahoo! News

Egypt: protesters descend on Tahrir Square | World news | The Guardian

Egypt: protesters descend on Tahrir Square | World news | The Guardian

800 NYC Apartment Buildings Still Lack Heat After Sandy | NBC New York

800 NYC Apartment Buildings Still Lack Heat After Sandy | NBC New York

Clueless SEIU Bogs Down LAX On Busiest Day Of Year - Home - The Daily Bail

Clueless SEIU Bogs Down LAX On Busiest Day Of Year - Home - The Daily Bail

Security Negotiations Between Congo and M23

Obama's Benghazi Approval Rating Horrid - Business Insider

Obama's Benghazi Approval Rating Horrid - Business Insider

America, Inc - ForAmerica’s Bozell calls out GOP leadership on Fiscal Cliff

America, Inc - ForAmerica’s Bozell calls out GOP leadership on Fiscal Cliff

Right On Egypt

Sen. Rand Paul on FOX News' Gretawire - 11/26/12

Jonah Berger's Contagious: Why Things Catch On - Business Insider

Jonah Berger's Contagious: Why Things Catch On - Business Insider

The Leatherman Raptor: a multi-tool built to save lives

The Leatherman Raptor: a multi-tool built to save lives

Gaza, Catalonia and Romantic Nationalism | Stratfor

Gaza, Catalonia and Romantic Nationalism | Stratfor

Thomas Sowell vs Statist on Government Programs for Minorities

Insight: Sandy gives New York oil supply lesson : The Fiscal Times

Insight: Sandy gives New York oil supply lesson : The Fiscal Times

121127 - Watch Your Guns

Continuous stream of human waste hits NY harbor following Hurricane Sandy

Continuous stream of human waste hits NY harbor following Hurricane Sandy

Sandra Fluke Person of the Year?!

Monday, November 26, 2012

American Mismatch - Jillian Kay Melchior - National Review Online

American Mismatch - Jillian Kay Melchior - National Review Online

Laissez Faire — The Uncompromised Case for CapitalismLaissez Faire

Laissez Faire — The Uncompromised Case for CapitalismLaissez Faire

How the Bullet Found Malala -

How the Bullet Found Malala -

Egypt: Going up in flames | The Economist

Egypt: Going up in flames | The Economist

Unemployed running out of benefits.

monday-pm.jpg (704×694)

Photos: Sandy's Epic Devastation - weather.com

Photos: Sandy's Epic Devastation - weather.com

Norquist Says Some Republicans Are Having 'Impure Thoughts' on Taxes - NYTimes.com

Norquist Says Some Republicans Are Having 'Impure Thoughts' on Taxes - NYTimes.com

PJTV: Tax Pledge Perfidy: Some Republicans Embracing Tax Hikes to Avoid ...

Egypt's President Consolidates Power

Hurricane Sandy is Obama’s Katrina

Hurricane Sandy is Obama’s Katrina

Yaron Answers: Why Do Wages Rise?

Olympus CEO: 'Japan Is Corrupt, I Feared For My Life' - Home - The Daily Bail

Olympus CEO: 'Japan Is Corrupt, I Feared For My Life' - Home - The Daily Bail

'Satellites show Iran moving quickly to rearm ... JPost - Defense

'Satellites show Iran moving quickly to rearm ... JPost - Defense

US to leave 10,000 troops in Afghanistan past 2014 - AFGHANISTAN - FRANCE 24

US to leave 10,000 troops in Afghanistan past 2014 - AFGHANISTAN - FRANCE 24

What to Watch: November 26, 2012

Plant-Microbial Fuel Cell generates electricity from living plants

Plant-Microbial Fuel Cell generates electricity from living plants

Norway's Geographic Challenge

Revealed: Military emails show that NO U.S. sailors witnessed Osama bin Laden's secret burial at sea | Mail Online

Revealed: Military emails show that NO U.S. sailors witnessed Osama bin Laden's secret burial at sea | Mail Online

Homeland Security Has Spent $430 Million on Radios Its Employees Don’t Know How to Use

Homeland Security Has Spent $430 Million on Radios Its Employees Don’t Know How to Use

Iran Positioned to Threaten Oil Lanes

Iran Positioned to Threaten Oil Lanes

Top 20 airports where TSA thugs are most likely to steal your stuff

Top 20 airports where TSA thugs are most likely to steal your stuff

globaleconomicanalysis.blogspot.com/2012/11/constitutional-crisis-in-spain-pro.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29

globaleconomicanalysis.blogspot.com/2012/11/constitutional-crisis-in-spain-pro.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29

The Obama Administration Proposed 80 New Regulations….Yesterday | Conservative Byte

The Obama Administration Proposed 80 New Regulations….Yesterday | Conservative Byte

Obama and Jarrett Now Reap What They Have Sown In Egypt… - The Ulsterman Report

Obama and Jarrett Now Reap What They Have Sown In Egypt… - The Ulsterman Report

Pravda: ‘Communist’ Obama Reelected By ‘Illiterate Society’ « Pat Dollard

Pravda: ‘Communist’ Obama Reelected By ‘Illiterate Society’ « Pat Dollard

The Benghazi Affair - Petraeus, Weaponry, Murder, Lies, Sex :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website

The Benghazi Affair - Petraeus, Weaponry, Murder, Lies, Sex :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website

After Silicon Valley, Tel Aviv Ranks Best for Tech Startups: Study - Bloomberg

After Silicon Valley, Tel Aviv Ranks Best for Tech Startups: Study - Bloomberg

121126 – Marked for Food Stamps? | The Hyper Report

121126 – Marked for Food Stamps? | The Hyper Report:

'via Blog this'

Sunday, November 25, 2012

The Death Bell Rings For the United States - Future Direction

The Law itself says virtually no one has to participate in ObamaCare!

The Law itself says virtually no one has to participate in ObamaCare!

International Forecaster


THE INTERNATIONAL FORECASTER
SATURDAY, November 24, 2012
11/24/12 #4
E-MAIL ADDRESS
For correspondence to us:
CHECK OUT OUR WEBSITE


ANNOUNCEMENTS:  

James Corbett was asked to attend a war crimes tribunal in Kuala Lumpur this week that has been organized by the former Prime Minister of Malaysia, amongst others. There is a three-day tribunal examining war crimes in Palestine that he will be covering for the IF, and prior to that there will be a preliminary tribunal into the events of 9/11 that he has been asked to deliver a speech at. 


Thank you to all the IF subscribers that attended the Get Prepared Expo. It was a great success. If you were unable to attend, there is another expo scheduled for March 16-17, 2013. We hope to see you there, as we will be attending. For information visit www.USAprepares.com or contact vincent@USAprepares.com


Radio Show
Gold Radio Café with Bosko Kacarevic with Jeff Dunphy


WORLD MARKETS

''So inevitable, yet so completely unforeseen''
by Alfred Adask for Discount Gold & Silver Trading
In A.D. 1856, Alexis de Tocqueville observed that the French Revolution was paradoxically both ''so inevitable, yet so completely unforeseen''. That social upheaval could not be avoided, and yet virtually no one saw it coming.   Could the same be said of today’s China?  What about the United States?
     Based on China’s size and extraordinary economic growth, some predict that the 21st century will be dominated by China.
     I disagree.
     In fact, I’ve disagreed for a least three years based largely on a single anecdote from a friend (“Donna”) who lived in China for one year.  While in China, Donna always had a guide.  The guide would never take her to the restaurants near her apartment.  Donna repeatedly asked why and always received an answer that seemed pleasant but untrue.  
     After several months, Donna insisted that the guide tell the truth.  The guide finally explained that the local restaurants served dogs and cats as meals; that the guide knew Americans loved their pets; therefore the guide would not risk taking my friend into such restaurants.
     The guide further explained that in the Chinese culture, a primary objective was to “maintain harmony”.  Everyone felt obligated to avoid “shocking” anyone else.  So, in order to “maintain harmony,” the Chinese people would routinely lie.  The guide lied to Donna to avoid shocking her.  In China, lying was culturally (“politically”) correct.
     I knew right then, that China would not become a permanent economic giant. They might flourish for 20 to 40 years, but they won’t last. 
     No nation can prosper for long that’s predisposed to treat lies as if they were virtues.
     For example, even China’s Premier doesn’t know the actual size of the Chinese economy.  Why?  Because the heads of China’s various “states” routinely lie when they report their economic indicators.  The regional heads tell the Premier what they think the Premier wants to hear rather than the objective truth.  They routinely lie to “maintain harmony”.  
     Can any man or government manage an economy without access to honest economic indicators?  Of course not.  China’s predisposition to lies guarantee that China will suffer sudden calamities.
     Similarly, I don’t want to ride in a jet plane if the bolts holding the wings to the fuselage were tightened and torqued by a Chinese mechanic who believed his first duty was to “maintain harmony”.   I.e., suppose the foreman wants the wing bolts torqued to 125 pounds and asks the mechanic if that that job has been completed. Suppose the mechanic “maintains harmony” by lying that he had properly torqued the bolts when he had not.  I don’t want to ride on that plane.
     You can’t maintain a viable economy or technology with people predisposed to lie.  Insofar as a significant proportion of China’s people “maintain harmony” by telling lies, we can expect to see catastrophic Chinese failures when wings fall off aircraft, magnets fall off of high-speed monorails, and dams burst because the cement was made with sea salt rather than iron oxide.  
     “Maintaining harmony” may work in a world where people still travel on wooden wheels.  But in a civilization devoted to efficiency and travel at the speed of sound, “harmony” be damned—you must have a culture whose system of values predisposes all people to tell the truth, no matter how shocking.   

     The New York Times (“Amid Calls to Open China’s Politics, Party Digs In”) offers additional insight into China’s cultural predicament:
 “. . . . There is a rising chorus within the elite expressing doubt that the 91-year-old Communist Party’s authoritarian system can deal with the stresses bearing down on the nation and its 1.3 billion people. Policies introduced after 1978 by Deng Xiaoping lifted hundreds of millions out of poverty and transformed the country into the world’s second-largest economy.  But the way party leaders have managed decades of growth has created towering problems that critics say can no longer be avoided.”
     China’s “towering problems” are similar to the United States’ National Debt in two regards.  These problems:  1) are no longer avoidable; and 2) were caused by the Chinese and US governments.  The problems can only be solved by changes in government.  Neither government is willing to admit responsibility for causing the problems. Thus, these problems will not be solved.  They’ll simply fester until they inevitably explode. 
“Chinese critics include billionaires, intellectuals and children of the party’s revolutionary founders. They say the party’s agenda, as it stands today, is not visionary enough to set China on the path to stability. [“harmony”]  
“What is needed, they say, is a comprehensive strategy to gradually extricate the Communist Party, which has more than 80 million members, from its heavy-handed control . . . . Only then, critics argue, can the government address the array of issue facing China, including rampant corruption, environmental degradation, and an aging population.”
     The 80 million Communist Party members constitute about 6% of China’s population.  There’s no way that those 80 million—who currently enjoy disproportionate power, privilege and wealth—will voluntarily agree to be “gradually extricated” from control over China.   Power concedes nothing.  The only way the Communist Party will be “extricated” from China is feet first.  
     So long as Party members won’t voluntarily abandon power, China can’t make the changes needed to sustain their previous growth and can’t address the “towering problems” caused by their communist government.  
     China can’t progress until they dump the Communist Party.  China can’t dump the Communist Party without a shooting revolution.  Communist inefficiencies should make a coming Chinese collapse or revolution inevitable.  
“At the root of the current economic model is the political system, in which party officials and state-owned enterprises work closely together, reaping enormous profits from the party’s control of the economy.  In this kind of economy, wealth concentrates where power is.”
     Apparently, the Communist government of China is not so different from the government of the United States.  Witness the growing number of Congressmen who’ve become millionaires while in office. Here, too, “wealth concentrates where power is.”
“The 400 or so incoming members of the party’s Central Committee, Politburo and Politburo Standing Committee, as well as their friends and families, have close ties to the most powerful of China’s 145,000 state-owned enterprises.”
  
     A government that has close ties to major corporations is generally described as “fascist”.   Thus, similarities between the governments of China and the US may flow the close ties between politicians and wealthy corporations.  
     China calls its government “communist”.  We call ours “democratic”.  
     Would it be more accurate to describe both governments as predominately “fascist”? 
 “The growing presence of princelings—the children of notable Communist officials—in the party, the government and corporations could mean an even more closely meshed web of nepotism. It is a system that Xi Jinping, anointed to be the next president and himself a member of the ‘red nobility,’ would find hard to unravel, even if he wanted to.”
     China has “princelings”; the US has Wall St. Financiers.  Both China’s system and our own are similar in that politicians are increasingly close to, represent, or are even counted as members of, people of significant wealth.  The middle and lower classes tend to be unrepresented by the political “nouveau riche”.
     China’s “princelings” are further described in another New York Times article (“Dynasty of Different Order Is Reshaping China”):
“China’s princelings, who number in the hundreds, are emerging as an aristocratic class with an increasingly important say in ruling the country.  Many have already made their mark in the established order, playing important roles in state-owned enterprises [corporations].  Many countries have powerful families, but in China, they are becoming the dominant force in politics and business.  In this system, they have good bloodlines.”  
The conceit of plutocrats everywhere is that the rich are entitled—not by their work or integrity—but by their bloodlines and “breeding” to rule and exploit the inferior majority.
 “The ‘princelings’ are a volatile generation, often saw the worst side of the Communist revolution.  They are distinct from the current top rulers of China, most of whom owe their allegiance to institutions in the Communist Party. The ‘princelings’ have learned one thing, and that’s all you can count on is your family.
 “Without a Deng Xiaoping (former Premier) to settle questions, you have competition for the top spots,” said an independent Chinese political commentator.  “We don’t have elections, and we don’t have a system, so they go for the person with the most connections.”  
The man with the “most connections” will be obligated to his connections when he achieves power.  We can expect to see “rule by man” rather than “rule by law”.  People with “connections” will not represent the common people and will therefore tend to exploit them.  Exploitation by the “princelings” will predispose the common people to revolution which does not bode well for China’s economy and future.
     Peter Hartcher posted a brilliant article (“Bejing fears sparking its own French revolution”) in the Sydney Morning Herald:
“China's political leaders put stability [“harmony”] above all else. So it's remarkable that they are passing around well-thumbed copies of a book about the sudden, bloody outbreak of the French Revolution 225 years ago. Why would China's modern rulers be interested in Alexis de Tocqueville's The Old Regime and the French Revolution?
A:  Because they know they’re riding the tiger.
“Since the Communist Party seized power in 1949 in a violent revolution, its highest priority has been to guard against what it calls ''counter-revolution''.  Yet the popularity of Tocqueville's work suggests that counter-revolution is precisely what it now fears.
“Among the many passages that must send chills down the spine of China's dictators is the French historian's famous remark that the outbreak of France's violent upheaval was ''so inevitable, yet so completely unforeseen''.  And Tocqueville's 1856 prediction that the French Revolution ''for many years to come will trouble the sleep of all who seek to demoralize the nation and reduce it to a servile state,'' seems to be vindicated.  
     In other words, whenever the politicians, judges, lawyers, wealthy, multi-national corporations, plutocrats, bureaucrats, lobbyists, Kenyans and neo-cons think they’re so slick that they can not only run the country, but run it treasonously for their own benefit and at the gross expense of the people—you can bet that a revolution, complete with guillotines and gibbets, is “inevitable” but will nevertheless be “unforeseen”.  
     Such revolutions will occur as suddenly and without warning as the “Arab Spring” of A.D. 2011 when 4 nations’ governments were overthrown, and 13 more were threatened.  
''In all likelihood, these leaders sense an impending crisis that could imperil the Chinese Communist Party's survival in the same way that the French Revolution ended Bourbon rule.  Telltale signs of anxiety are already visible. Capital flight from China is now at a record high. Polls of China's dollar millionaires reveal that half of them want to emigrate.
“Tocqueville writes of a festering popular resentment at the privileges of the elites, at their feckless pursuit of self-gain.
“He observes ‘the steady growth among the people of two ruling passions.’ One was ‘an intense, indomitable hatred of inequality.’ Inequality in China today is at its greatest since the revolution. 
     Inequality is also growing in the U.S..  The minority of super-rich Americans is increasingly separated from the growing lower classes.  We’re becoming a two-tier society wherein each tier has little in common with the other except mutual distrust and contempt.  
“The second ruling passion was ‘a desire to live not only on an equal footing but also as free men.’  How strong is this in modern China?  There are an estimated 500 protests, riots and strikes every day in China, four times the number of a decade ago.
     I read the growing number of protests, etc., as evidence of what results when a nation’s institutionalized lies can no longer suppress the truth.   The resulting protests remind me of the hairline fractures that occur in a metal part before it suddenly suffers a catastrophic failure.
“Nevertheless, the message from the outgoing President Hu gives is a reassertion of conservative core values—'the Party must pull out all stops to preserve its monopoly on power.'''  
     Power concedes nothing.  China’s communist party sounds much like the Republican elite “pulling out all the stops” to prevent Ron Paul and his supporters from winning the A.D. 2012 Republican presidential nomination.  If so, we might infer that whenever a ruling elite “pulls out all the stops” to retain their power, that power may be about to disappear.
''It's highly unlikely that the incoming president Xi Jinping will be able to achieve any political reform, at least in his first five-year term.''  
     What are the chances that Obama will achieve any significant economic reforms over the next four years?  Aren’t Americans also locked into an economic fate that neither Obama nor Romney could evade?  Like China, aren’t Americans also trapped in an “inevitability” precipitated by our previous 40 years of fiat currency, free lunches and rising debt?  
     Yes, Obama & Co. can continue to kick the can further down the road, and then a little further still.  But everyone knows that the road (fiat currency) is a dead end. 
Sooner or later, we’ll run out of road.  When we reach that inevitable dead end, we’ll reach the inevitable revolution.  
“Isn’t this the very time China's leaders need to pursue political liberalization to ease the building tensions that have led to parallels with pre-revolutionary France?”
“Not necessarily. Tocqueville wrote:  ‘Experience teaches us that, generally speaking, the most perilous moment for a bad government is one when it seeks to mend its ways. Only consummate statecraft can enable a king to save his throne when, after a long period of oppression, he sets to improving the lot of his subjects.’”  
     In other words, once a government turns “bad,” it dare not try to mend its ways.   Faced with the choice of doing right or protecting its own survival, every government will choose to protect itself.  That guarantees that the bad governments will precipitate an economic collapse or a political revolution that is both inevitable but unforeseen.  
     De Tocqueville observed that the French Revolution was both “inevitable” but paradoxically “unforeseen”.  That description may also fit today’s China.  China’s “towering problems” were primarily caused by China’s government.  Those problems may be solved only if China’s government is “gradually extricated” from power.  But power concedes nothing.  Thus, those problems will persist until some sort of revolution (the abandonment of institutionalized lies) inevitably occurs.  
     Nevertheless, that inevitable revolution will remain largely “unforeseen”—just as the Arab Spring was “unforeseen”—until something as unexpected as a Tunisian street peddler setting himself on fire triggers a political and economic collapse.
     Similarly, the U.S. has a national debt that can’t possibly be paid.  This national debt—and the fiat currency that made that debt possible—constitute America’s “towering problems”.  Those “towering problems” were caused by our government and won’t be solved until our government is “gradually extricated” from power.  But power concedes nothing, so our government will not only hang onto power, it will seek even more power.  Thus, our “towering problems” make an American economic collapse or even revolution “inevitable”.  
     If you’re reading this article, you already know that some sort of economic calamity is inevitable.   You just don’t know when the calamity will happen.  Neither do I.  Thus, as with the French Revolution, the Arab Spring, and the coming Chinese revolution, America’s coming calamity—though clearly “inevitable”—will nevertheless be sudden and “unforeseen”.  It might happen next spring.  It might happen next decade.  We don’t know.   
     Implication?  If America’s next revolution/economic-collapse is inevitable, now’s the time to prepare.  Food, water, guns, ammo, gold, silver. 
     Buckle up for the inevitable . . . precisely because it will be virtually “unforeseen”.   

      For the best in pricing and service for gold and silver coins, call Melody at 1-800-375-4188.  Be sure to listen to Financial Survival radio program live at dgscoins.com and Short-wave radio 7.490 AND 9.880Mhz M-F 4:00PM ET.  We broadcast in cities of Spokane KTAC 93.0 5-6pm Eastern, Metairie WVOG 600AM 3-4PM Eastern and Dallas KXBD 1480AM 4-5PM Eastern.  Call 1-800-375-4188 or visit the Web site at dgscoins.com or email us at: discountgoldandsilver@yahoo.com



Your Source for Freeze Dried Food in an Uncertain World.
(866) 404-3663 or email: fdg@FreezeDryGuy.com


US MARKETS

Rupert Murdoch sells $10m of News Corp shares
Mr. Murdoch sold 381,229 class A shares at $23.95 and 37,402 at $23.94 on November 20, according to a filing to the Securities and Exchange Commission.
That stake equates to 5pc of the Murdoch family's total holding in News Corp.
But Mr. Murdoch remains the largest voting stakeholder with 40pc of class B shares, making it extremely difficult for investors to push through any decisions without the backing of the Murdoch family.
Sources close to the company told Bloomberg that the sale was made for "estate planning" reasons.
The company was criticised for its dual share structure at a recent annual meeting. Those holding class A shares are not allowed to vote in any decisions, while class B shareholders can have their say over strategic matters.

Student Loans, the Next Debt Bubble
For the last year, as I travel around, it seems a main topic of conversation is “Where will my kids find jobs?” It is a topic I am all too familiar with. Where indeed? Youth unemployment in the US is 17.1%. If you are in Europe the problem is even more pronounced. The basket case that is Greece has youth unemployment of 58%, and Spain is close at 55%. Portugal is at 36% and in Italy it’s 35%. France is over 25%. Is this just a cyclical symptom of the credit crisis? Much of it clearly is, but I think there is something deeper at work here, an underlying tectonic shift in the foundation of employment. And that means that before we see a true recovery in the unemployment rate, there must be a shift in how we think about work and training for the future of employment. This week is the first of what will be occasional letters over the coming months with an emphasis on employment.

Late November 2012 Economic Rant
For the second time Americans have chosen Marxism and poverty over freedom and prosperity. America is dead, finished, over, through. If neocon Romney had just chosen Ron Paul as Vice President he would have an overwhelming victory. Republicans are just as bad as Democrats. They talk one thing and do another. Obama destroyed this country for four years, yet the voters overwhelmingly voted for him to destroy it for another four years. There was massive voter fraud of course, but nothing will be done about it. There is no freedom left on this planet now. There is nowhere to go. That alone defines End Times.
Even if Romney had won, nothing would have changed.
1) The dollar will collapse, and severe hyperinflation will destroy the economy. All paper will be worth paper. The stock market will collapse any day as well. Paper will be worth paper. Silver is your financial savior.
2) The wars in the Mideast will not only continue, but get worse. More innocent countries will be attacked. Iran and Syria are on the radar screen, and both Russia and China have promised to start World War 3 if we attack them.
3) The extreme overspending will continue. We are already $160 trillion in debt, which is a half million dollars for every man, women, child and infant in America. Let's repeat that- $500,000 for every person in America. Now do you see how hopeless this is?
4) The Internet will be censored. This is the last bastion of freedom in the world. The only way to find truth, reality, facts anymore is on the Internet. Once the Internet is censored, no one will have any idea what is really going on.
5) Civil liberties will be ended one by one by one...You'll see martial law with the next hurricane. The next fake 9/11 is very overdue, and will be much, much worse. The Constitution and Bill of Rights went down the toilet a long time ago. You have no rights in a Marxist police state- only the state has rights.
6) The One-Worlders, Globalists, CFR, Bilderbergers, Trilaterals, Neocons, and Zionists will continue to run the world. They have almost succeeded in their plans for a one-world government. Every day them come ever closer to their goal. The One World Order is almost in place. The United Nations will be the international government, and Israel will be the capital.
7) Coal, oil, and even natural gas will be severely curtailed. Energy will get too expensive for the average household. Fewer and fewer people will own any kind of car. We get 70% of our electricity from coal. We have a 1,000- year supply of coal, yet, we have an insane war on coal. We have enough natural gas for 100 years and enough oil for 100 years RIGHT HERE IN AMERICA.
8) Gun control is coming via a United Nations Small Arms Treaty to ban all guns. Within 24 hours of his "victory" Obama called to get a copy of this bill to submit to Congress. The real reason for the Second Amendment is protection against the government, not home defense, hunting, or sport shooting. Slaves can't own guns, only free people can. You can't have a police state when the citizens own guns.
All the scumbags waiting for free government handouts, free food, free medical care, and free everything else will starve in the streets as the government runs out of money. They will find their "free" health care means almost no medical care at all. You know, like in Cuba where healthcare is free, only there isn't any.

Obama Begins Push for New National Retirement System
A recent hearing sponsored by the Treasury and Labor Departments marked the beginning of the Obama Administration’s effort to nationalize the nation’s pension system and to eliminate private retirement accounts including IRA’s and 401k plans, NSC is warning.
The hearing, held in the Labor Department’s main auditorium, was monitored by NSC staff and featured a line up of left-wing activists including one representative of the AFL-CIO who advocated for more government regulation over private retirement accounts and even the establishment of government-sponsored annuities that would take the place of 401k plans.

SEC Left Computers Containing Sensitive Info Vulnerable To Cyber Attacks
Staffers at the U.S. Securities and Exchange Commission failed to encrypt some of their computers containing highly sensitive information from stock exchanges, leaving the data vulnerable to cyber attacks, according to people familiar with the matter.
Some of the staffers even brought the unprotected devices to a Black Hat convention, a conference where computer hacking experts gather to discuss the latest trends. It is not clear why the staffers brought the devices to the event. The security lapses in the Trading and Markets Division are laid out in a yet-to be- released report that by the SEC's Interim Inspector General Jon Rymer.

Investment Falls Off a Cliff 
U.S. Companies Cut Spending Plans Amid Fiscal and Economic Uncertainty [Not exactly true] Half of the nation's 40 biggest publicly traded corporate spenders have announced plans to curtail capital expenditures this year or next, according to a review by The Wall Street Journal of securities filings and conference calls. [Higher taxes on capital are the cause] Nationwide, business investment in equipment and software—a measure of economic vitality in the corporate sector—stalled in the third quarter for the first time since early 2009. Corporate investment in new buildings has declined.
At the same time, exports are slowing or falling to such critical markets as China and the euro zone as the global economy downshifts, creating another drag on firms' expansion plans.


Homeland Security promotes welfare to new immigrants in government ‘welcome’ materials
“Welcome to USA.gov,” a website maintained by the Department of Homeland Security’s U.S.
Citizenship and Immigration Services (USCIS), bills itself as the “primary gateway for new immigrants to find basic information on how to settle in the United States” — featuring a prominent section for new immigrants about how to access government benefits. 

Feldstein Says U.S. Fixing Fiscal Cliff May Not Avoid Recession
Harvard economics professor Martin Feldstein said the U.S. economy may fall into a recession next year even if Congress and President Barack Obama avert the full brunt of the so-called fiscal cliff.
“You are perilously close to the edge of another recession even if we don’t go over the fiscal cliff,” Feldstein said in a Bloomberg Television interview from New York. The end of payroll tax cuts will reduce gross domestic product by about 1 percentage point in 2013, and other tax increases and spending cuts may bring “over 2 percent of GDP tightening,” he said.
Feldstein, in his broadcast interview, urged that Congress not raise tax rates and work to increase revenue by restricting so-called tax expenditures: deductions and credits written into the tax code for such things as mortgage interest and investments in renewable energy.

HP Says $8.8 Billion Charge From False Autonomy Accounting
Hewlett-Packard Co. accused Autonomy Corp., the British software maker it bought last year, of falsifying finances and took a related $8.8 billion write down.

Here's How Autonomy Allegedly Cooked The Books, According To HP
Of HP's $8.8 billion write down announced today, $5 billion is related to the alleged fraud at Autonomy.
The rest comes from impairment of goodwill and other intangible assets related to the acquisition, prompted by the drop in HP's stock price. HP says Autonomy was selling some low-margin hardware at a loss but booking those sales as high-margin software sales. It was allegedly hiding this by reporting some portion of the cost of those products as a marketing expense, rather than as a cost of goods sold.

Exchanges Get Closer Inspection
Federal securities regulators are stepping up oversight of stock exchanges as they scramble to catch up to trading advantages that some say have developed for sophisticated clients at the expense of ordinary investors. [Now that the big guys can’t print money anymore, the SEC is finally getting involved.]

From a Subscriber:

The Economy of Fear
Since love and fear can hardly exist together, if we must choose between them, it is far safer to be feared than loved. — Niccolò Machiavelli, The Prince, 1513 
How is it that when bad things happen we have this notion that government [The State] is expected to solve whatever particular insult that been inflicted upon ourselves? The myth of the rugged individual of the old west, who with six gun on his hip would fend off all sorts of danger and impositions upon his day to day life. This some say this was a golden time when society was for the most part polite. Fast forward a generation or two and we find the ideal of the happy life being the 3 bedroom 2 bath ranch house in the burbs, a stay at home mom and a gainfully employed dad. Junior would be happily playing in the front yard with his droogs from the surrounding cull-de-sac. Here we see what would be an apparent dichotomy: Wild West ruggedness and sublime domesticity. Yet, as with many fables both of these representations had little or no basis in reality; the Wild West shoot-out was an extremely rare event. Most no-goodniks, criminals and generally psychopathic types found themselves face down in the mud after being shot in the back. Yet we still cling to the idea of the righteous standing up to the heathen in noble combat. At the peak of the cull-de-sac suburban myth the mass media was awash in dramas based in the Western horse opera genre. Indeed the popularity of the western extended from early part of film production up to the Watergate era of the early 1970’s. Western’s buy-in then was changing toward a more morally ambiguous idea of an anti-hero. Someone who by their own talents worked toward no central cause, but strictly in their own self interest. In effect the moral imperative was not in upholding some public order, as with the earlier form, but had devolved into a more fang and claw level where survival was of paramount motivation. 
Government was by the end of Watergate seen as a rather sordid, self-seeking affair. Public service or rather the idea of it had decayed in the 1970’s. This continued unabated until the Iran Hostage crisis in 1979. Here was the formation of the present construct where government began to retake its hold on the public psyche.  The Carter administration was the high tide of this anti-government, anti-establishment attitude found in popular culture, people were not afraid of the state. Then with the takeover of the embassy in Iran, the concept combined with the conflict between Israel and her bordering Muslim states to create a new set of bad guys that were out to get us. Now the state had some leverage to roll back the public courage and create a more fearful environment. The re-birth of pride in being American harken back to the joys remembered from the post-war period up to the JFK killing. Ronald Regan was astute in bringing patriotic spirit into the limelight. Unfortunately his vision for a better America was while shining on the surface, covered a far more sinister trend toward greater state control over how we would live our lives.
On 9-11 we lost what was left of our delusion of safety in an unsafe world. The end result was as founding father Dr. Ben Franklin feared, a trade off of liberty for security. Yet when closely analyzed the actual improvements made in safety amounted to little more than security theater. What then has been the real gain from all of this multi-billion dollar investment? The public awareness has been warped into a fear driven day to day experience. The moneyed class in conjunction have used this era to make stupendous gains in wealth. All with little or no state interference. In fact many policies such as the military actions in Iraq and Afghanistan were based on energy planning. In effect a bid to gain control of a goodly portion of what oil there was beyond the former Soviet Union and the means to pipe it into and out of central Asia. World politick in effect as practiced by the Imperialist-Mercantile empires of the 18th and 19th century was the model. However for this model to work unhindered the home populous had to be sufficiently cowed to go along with the program.
Now as the program has progressed the basic economy in America is in effect greatly impaired. People no longer seek that ranch house, but are working to just eat and keep warm in the winter. Human beings in such a condition have little thinking time for ideas beyond idle notions. Then even the thoughts of the average person are diverted into the silliest preoccupations of reality TV each evening.  In effect the American mindset is a mess. On one hand fearful and on the other buried in the popular culture of stupidity. We are by definition in a universal low point in our culture. There is going to be hell to pay.

The Expanding Surveillance Society: Getting You to Buy Into Being Monitored « naked capitalism

The Expanding Surveillance Society: Getting You to Buy Into Being Monitored « naked capitalism

How Big Banks Can Spread Bigger Financial Ills

How Big Banks Can Spread Bigger Financial Ills

Study shows heavy drinking could kill you more quickly than smoking

Study shows heavy drinking could kill you more quickly than smoking

PJTV: When Super PACS Die, Does It Have to Be a Media Event?

Video: 'New Pharaoh' Sparks Fiery Protests in Egypt Against Muslim Brotherhood

Video: 'New Pharaoh' Sparks Fiery Protests in Egypt Against Muslim Brotherhood

Articles: Consultants Advise: Bring Sporks to New Gunfight with the Left

Articles: Consultants Advise: Bring Sporks to New Gunfight with the Left

Saturday, November 24, 2012

LINKS: Rand Paul Hints At 2016 Presidential Run - Home - The Daily Bail

LINKS: Rand Paul Hints At 2016 Presidential Run - Home - The Daily Bail

Can America Handle The Truth?

Can America Handle The Truth?

Uncounted Military Ballots

Fed-up Maine News Anchors Quit On Air, Citing Pressure To Do Biased Journalism

Fed-up Maine News Anchors Quit On Air, Citing Pressure To Do Biased Journalism

Thousands Of US Troops To Arrive In Israel This Week | Global Research

Thousands Of US Troops To Arrive In Israel This Week | Global Research

Articles: Consultants Advise: Bring Sporks to New Gunfight with the Left

Articles: Consultants Advise: Bring Sporks to New Gunfight with the Left

Self-Inflicted Damage (Hostess And More) in [Market-Ticker]

Self-Inflicted Damage (Hostess And More) in [Market-Ticker]

Friday, November 23, 2012

Muslim Brotherhood offices torched, Morsi on defensive - EGYPT - FRANCE 24

Muslim Brotherhood offices torched, Morsi on defensive - EGYPT - FRANCE 24

Electronic tracking: new constraint for Saudi women - FRANCE 24

Electronic tracking: new constraint for Saudi women - FRANCE 24

Biden - New Tampa Republican Club

Biden - New Tampa Republican Club

Ron Paul ~ The American People Have To Wake Up!

Thomas Sowell vs Statist on Affirmative Action and Unions

PJTV: Michael Barone on Why So Many Failed to Predict the Reelection of ...

Mish's Global Economic Trend Analysis: EU Budget Laugh of the Day "No One Is Discussing Quality"

Mish's Global Economic Trend Analysis: EU Budget Laugh of the Day "No One Is Discussing Quality"

Oklahoma Governor Rejects Health Care Exchange, Medicaid Expansion

Oklahoma Governor Rejects Health Care Exchange, Medicaid Expansion

Republicans Sweep Southern State Houses - Business Insider

Republicans Sweep Southern State Houses - Business Insider

Dog-inspired scent detector sniffs out explosives and narcotics

Dog-inspired scent detector sniffs out explosives and narcotics

Homeland Security plots ways to spy on Americans through social media surveillance

Homeland Security plots ways to spy on Americans through social media surveillance

Apps That Show Off Your Shiny New iPad’s Capabilities - NYTimes.com

Apps That Show Off Your Shiny New iPad’s Capabilities - NYTimes.com

Hamas' Miscalculation | Foreign Affairs

Hamas' Miscalculation | Foreign Affairs

Yes, Virginia, the IRS Does Not Treat the Connected Like the Rest of Us (REMIC Edition) « naked capitalism

Yes, Virginia, the IRS Does Not Treat the Connected Like the Rest of Us (REMIC Edition) « naked capitalism

New Yorkers Challenge LIPA, FEMA over Power Outages

New Yorkers Challenge LIPA, FEMA over Power Outages

Thousands of Natural Gas Leaks Found in Boston | LiveScience

Thousands of Natural Gas Leaks Found in Boston | LiveScience

Hamaoka reactor likely wrecked in seawater accident - AJW by The Asahi Shimbun

Hamaoka reactor likely wrecked in seawater accident - AJW by The Asahi Shimbun

Thursday, November 22, 2012

Lebanon: Lessons from Two Assassinations | Stratfor

Lebanon: Lessons from Two Assassinations | Stratfor

Constraints Facing the Next Mexican President | Stratfor

Constraints Facing the Next Mexican President | Stratfor

Afterburner with Bill Whittle: The Gods of Wisdom and Virtue

SEC Rocked By Lurid Sex-and-Corruption Lawsuit | Matt Taibbi | Rolling Stone

SEC Rocked By Lurid Sex-and-Corruption Lawsuit | Matt Taibbi | Rolling Stone

Democrats Introduce Privacy Bill Before Election . . . Obama Administration Reportedly Opposes Privacy Protections After Election « JONATHAN TURLEY

Democrats Introduce Privacy Bill Before Election . . . Obama Administration Reportedly Opposes Privacy Protections After Election « JONATHAN TURLEY

Police chief killed in Libya’s Benghazi: sources : The Fiscal Times

Police chief killed in Libya’s Benghazi: sources : The Fiscal Times

Texas congressman reintroduces bill to stop TSA molestation at airports

Texas congressman reintroduces bill to stop TSA molestation at airports

Counter Revolution To Restore Lawful State Sovereignty

China Helping Angola?

Mish's Global Economic Trend Analysis: Ron Paul on Sound Money Prospects for USA

Mish's Global Economic Trend Analysis: Ron Paul on Sound Money Prospects for USA

What You Can Not Do or Should Not Do! « Lee Cockerell – Lessons in Leadership

What You Can Not Do or Should Not Do! « Lee Cockerell – Lessons in Leadership

Behind the Scenes: A Look at the Federal Reserve, CFR and Propaganda

The Digett Blog | Digett

The Digett Blog | Digett

Getting a Read on Rand Paul | The American Conservative

Getting a Read on Rand Paul | The American Conservative

Wednesday, November 21, 2012

Homeland Security Promotes Welfare To New Immigrants In Government ‘Welcome’ Materials

Homeland Security Promotes Welfare To New Immigrants In Government ‘Welcome’ Materials

PJTV: Israel and Hamas Agree to Cease Fire Thanks to Our Staunch Ally Egypt

'Unskewed Pollster' Dean Chambers Creates Voter Fraud Site - Business Insider

'Unskewed Pollster' Dean Chambers Creates Voter Fraud Site - Business Insider

High-efficiency solar energy tech turns water into steam

High-efficiency solar energy tech turns water into steam

Update on the Israeli-Hamas Conflict (Agenda)

Michelle Malkin » Gee, why do you think the Obama administration waited until after November 6th to mail these letters?

Michelle Malkin » Gee, why do you think the Obama administration waited until after November 6th to mail these letters?

Pa. officials plan no probe despite extraordinary turnout, totals for Obama in Philly | Fox News

Pa. officials plan no probe despite extraordinary turnout, totals for Obama in Philly | Fox News

The Gini Is Out Of The Bottle: Did China "Outcapitalism" The US, Or Did America "Outcommunism" China? | ZeroHedge

The Gini Is Out Of The Bottle: Did China "Outcapitalism" The US, Or Did America "Outcommunism" China? | ZeroHedge

121121 – Thanksgiving Pinch | The Hyper Report

121121 – Thanksgiving Pinch | The Hyper Report

Gun Runners, Taxers, spenders

Tuesday, November 20, 2012

THE U.S. STOLEN 2012 ELECTION

THE U.S. STOLEN 2012 ELECTION

PJTV: Israel vs. Hamas: Israeli Consul General David Siegel Gives His Ta...

121120 – Monetary Meltdown | The Hyper Report

121120 – Monetary Meltdown | The Hyper Report:

'via Blog this'

Rand Paul single-handedly tries to stop NDAA

www.mises.org/WorkInProgress/MisesCirclePostcards/PaulNapolitano2012.html

www.mises.org/WorkInProgress/MisesCirclePostcards/PaulNapolitano2012.html

Gaza

Stratfor

NASA VIDEO: Sun Unleashes 'Monster Eruption' - Home - The Daily Bail

NASA VIDEO: Sun Unleashes 'Monster Eruption' - Home - The Daily Bail